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The COMMERCIAL and FINANCIAL Established 1839 Volume 195 Reg. U. S. Pat. Off. Number 6161 New York 7, N. Y., Monday, May 21, 1962 Price $1.25 Copy a General Corporation and Investment News RAILROAD PUBLIC UTILITY • INDUSTRIAL • INSURANCE • and SEC Registrations stock Avnet Electronics Files Exchange Corp. Westbury, L. I., N. Y., filed a May 9 covering 93,000 shares offer such stock, in exchange for the outstanding class A and common shares of Pitt Products Limited, of Ontario, Canada, at the rate of one share of the company for each two class A shares of Pitt and 43/100 of a share for each share of Pitt common. St. Lawrence Industries, Inc., which owns all of the of of company outstanding with the SEC proposed to A class time St. statement of shares mon certain it the may own to New York Stock or control. The prospectus offer o.nd sell from, time to shares of the company to be offer, and may, to the extent part of the 43,000 shares. aggregate of 81,500 outstanding com¬ 43,000 common all an issued for recently company in or acquisitions. is company marketing automotive and ignition tronics principally parts, and systems, replacement electrical and industries. television In parts In for aggregate an May, the company will addition certain to President, Avnet, Freeman; trusts sell to Alvin Bennett S. other and persons consideration —V. 195, for sell services 4,000 in of the with connection received company the Liberty to Condition offered be Avenue, for public sale by on the and 9,990 pins, County, brackets National to and use and It Bank of tappets. certain Detroit, aluminum shares, in enable'the company, $700,000 Products addition 13,104 fect in original Hanson, common. stock, its to acquire in December, outstanding then stock indebtedness, the company has and to shares 91,000 the the were and Brevard and a Vice-President, The Brauns Canaveral Hills and his wife, propose aggregating 9,990 to sell own all 23.76% of for the Withdrawn— company Dec. on May 3, 1962 filed a "Reg. A" covering 3,000,000 five cents) to be offered at 10-cents, without be for used expansion and Central Ave., Phoenix, working is a capital. broker-dealer and securities. - ^ which of and shares are to be offered for public sale 30,000 shares, being outstanding stock, by the Eubanks, Meyerson & Co., 216 Montgomery 127,000 Stewart, items consideration, to or establish to finance one or more franchised retail foreign manufacturing operations stores in for prod¬ by the company. In addition to certain indebtedness, the company has outstanding 75,000 common and 125,000 common B shares, of which William B. Amthor, a Vice-President, and Lincoln W. Bartlett, President, each owns 50% of each class. Each proposes to sell 15,000 common shares. Mr. Amthor and Mr. Bartlett received their common B shares in March, 1962, in exchange for cancellation property, to acquire including certain organizing group of clubhouse, of real estate $549,715, capital indebtedness had of $125,000. Courtesy Products Corp.—Common Registered— an The of-which of 1411 Palm statement with the company registration of shares common stock, to be San Diego, Calif., filed a SEC on May 16 covering 150,000 offered for public sale by Pacific Street, Co., 240 Montgomery St., San Francisco. The public price (maximum $5 per sl\are) and underwriting terms are .supplied by amendment. The statement also includes 15,000 shares underlying three-year warrants issued to the underwriter, exercisable at the public offering price. The company (formerly Morning Coffee, Inc.) is engaged primarily in the business of manufacturing and selling or leasing to hotels and motels electric wall units permitting guests to prepare coffee in their rooms, and of selling coffee, tea, cocoa, sugar, cream substitute and other incidental supplies. It recently entered the general whole¬ sale hotel and restaurant supply business and the business of manu¬ facturing and selling or leasing an electric liquor dispensing unit for installation in bars. Of the net proceeds from the stock sale, $100,000 will be used to pay a bank loan incurred to purchase and remodel the company's new plant and office building, $100,000 to provide additional capital to a subsidiary to permit it to purchase parts, acquire labor and overhead, and provide for its general operat¬ ing capital, and the balance to permit said subsidiary to make the final payment in connection with its purchase of a certain patent, patents pending and other rights, to purchase and install machinery for packaging coffee serving ingredients and other varieties of food products, and for general corporate purposes including carrying of larger inventories, carrying of accounts receivable, and financing leases of coffee serving equipment and portable bars. In addition to certain indebtedness, the company has outstanding Coast offering to and , addition In certain to indebtedness, the company has outstanding 125,000 shares .of common stock, of which John Shahbas, Sr., President, 52% Sale of new stock to the public at $5 per share will result in an increase in the book value of stock now outstanding from $1.73 owns to . $2.76 book per share, with a resulting dilution of $2.24 per share in the equity of stock purchased by the public. Capitol Leasing Corp.—"Reg. A"—Filing— • The corporation shares Proceeds of are licensing on (no May par) 7, to to be used for Capitol filed a "Reg. A" covering 150,000 offered at $2, without underwriting. 1962 be the purchase of trailers and the payment fees. of Delaware St., Denver, is engaged in the leasing trailers and related equipment."—V. 195, p.'1799. 1123 auto-type utility Commercial Trust Co.—Common of Registered— The company of 66 Pryor St., N.E., Atlanta, Ga., filed a registration statement with the SEC on May 16 covering 150,000 shares of common stock, F. Ainsley Bldg,-, Miami, Fla.. filed a registration on May 10 covering 100,000 shares of common stock, to be offered for public sale at $5 per share. The offering will be made on a best efforts all or n®ne basis by Willis E. Burnside & Co., Inc., 55 Broadway, New York, which will receive a 60c per share commission and $12,500 for expenses. The statement also includes (1) 20,000 shares, underlying 5-year warrants sold to the underwriter at 1 mil each, exercisable at. $5.50 per share, and (2) 8,000 shares under¬ lying an option expiring 1967 held by a holder of an $85,000 note of the company, exercisable at $5.25 per share. Payment for all or part of such shares may be made by conversion of up to $42,000 of such note. Five-year warrants to purchase 71,000 shares at $5.50 per. share have also been sold to certain organizers at 1 mil each. The company was organized under Florida law in November, 1961 company, of 309 statement with the SEC million is primarily engaged in the business of importing furniture, household and art goods and novelty »nd at .discount prices. It also subleases a portion of store to concessionaires who operate nursery, jewelry and cities Will common Enterprises, Inc.—Common Reg'd— The $1,160 imported and of the outstanding of their holdings shares. the investment of possibly other ucts and outstanding Alfred at additional 53,000 shares, for the property Said option an cost and an estimated 2259. p. company retail its country a in $405,500 estimated net proceeds from the stock sale, $117,500 to make the regularly scheduled payment on principal on the existing mortgage titles on the company's gOlf country club project, and the balance for certain construction improvements at said project. ; . : 1961, by- 151,479 class B common shares (after giving ef¬ recapitalization) of which Frederick W. Braun, Board Braun, President, each owns 38.08% of the 45.04% of the class B shares. In addition, Robert W. club state¬ marketing used owned and services company. adjusted common certain operating cabana registration a liquor departments. In addition to direct imports for . retail sale through its own store, the company imports the same products and certain other products for sale to wholesale purchasers upon firm orders. The net proceeds from the company's sale of additional stock will be added to general funds for additional working capital recent a Chairman, common of Corp. to common to other things, and to are thereof. interest (together with $50,000 on deposit) (the balance subject to a mortgage) the land 50% owning pool and filed (par company decorative ... the be parts $200,000 among cash, for the improvements, purchase for $500,000 building presently occupied In The and 52 $227,181 was paid in cash and $322,534 paid by notes secured by mort¬ gages, which notes and mortgages were assumed by the company. Of company, Allied 52 51 of Y., San Francisco, heads the list of underwriters. The public offer¬ price (maximum $5 per share) and underwriting terms are to supplied by amendment. The statement also includes 10,000 shares underlying three-year warrants Issued to the underwriter, exercisable Initially at 110 % of the public offering price. K motels consideration acquired by and for houses, together with warrants for also as the main office and plant of the $75,000 to pay the balance owed on additional manufacturing equipment, and the balance for working capital. Said loans from Talcott, were incurred (in the aggregate amount of $963,053.66) to swimming N. ing Canaveral area), developing real estate owned and building private homes, multiple dwellings, apart¬ and a shopping center, and possibly a hospital, bowling alley and an office building. The organizers of the company received 125,000 common shares, of which 34,000 shares were issued ment manufactures lock nuts by the cold extrusion method. Of the $1,075,000 estimated net proceeds from the company's sale of debentures and additional common stock, together with the proceeds of a $500,000 bank loan, $900,000 will be used to pay in full obligations owing to James Taleott, Inc., $65,000 to pay a note held by arm others, among golf course, Florida (Cape Donald and of company, stockholders be by the company, produces automotive parts manufactured by the cold method, including spark plug shells, switch housings, pistol idler purposes, and the St., 13 and the club company electrical for the by acquisition. for 23%. group of Company of 460 Bay St., San Francisco, filed a registration with the SEC on !May 14, covering 157,000 shares of com¬ stock, mon of ____ Detroit, Mich., filed a 11 covering $400,000 of company The holders Redemption Calls and Sinking Fund Notices 52 The Course of Bank Clearings 49 ment. extrusion 1 2 Twelve Federal Reserve Banks.. in a principal statement 59 of Member Banks the CostvPlus, Inc.—Common Registered—. ■> % Consolidated Statement of Condition of the public offering price for the common shares (maximum $9 per share) and underwriting terms for botli issues are to be supplied by amend¬ The Statement Place, program, Corporate of 5133 N. % Federal Reserve System Foreign Exchange Rates or outstanding stock, by the holders thereof. Watling, Lerchen & Ford Building, Detroit, heads £he list of underwriters. The Co., Proceeds • ■ , City Bond Offerings Dividends Declared and Payable____ May fund subordinated debentures due 1974 (with attached warrants to purchase 20,000 common shares), to be offered for public sale in $1,000 units and at 100% of principal amount. The statement also includes 109,990 shares of common stock, of which 100,000 shares are >' Corporation and Investment News.. Corporate and Municipal Financing Ahead.. Co.—Debentures—Common Reg'd of 19001 Glendale statement with the SEC company registration 6Va% sinking being ■ Irving 195, on shares underwriter 1921. p. Braun Engineering The shares 40 State and up to ' > are underwriting. General to pursuant intend Inc. * • 4 1962 company common 40 Miscellaneous) Features 65,000 shares of the company received (or to be received) to the company's acquisition of Liberty Records (including partners of Crowell, Weedon & Co. who received 4,500 shares of Liberty's stock in connection with an underwriting of Liberty's securities in 1960); and Merrill Lynch, Pierce, Fenner & Smith V 17, 40 New York Stock Exchange... 40 Transactions -American Stock Exchange.____ 42 ■ wife, Corporate Underwriters Co.—"Reg. A" Filing— Transactions Robert Waronker, Simon intend Averages. of construction May The • will indebted¬ withdrew its registration statement 29, 1961 which covered 2,000,000 common shares to have been offered publicly through Continental Securities Corp., Salt Lake City.—V. 195, p. 216. 42 National Quotation Industrial Stock Averages SEC Index of Stock Prices.... his Continental Investment Corp.—SEC Reg. 46 ^• current institutions; management officials as Chairman and President originally filed with the SEC 41 Markets Dow-Jones Stock and Bond to pay certain secured proceeds from of $2,300,000 borrowings, Vanneman. 1962-66.—V. On 40 41 indebtedness, and 40 40 acquire in the company has outstanding (prior to said acquisitions), of which H. Avnet, Board Chairman, own 12% and 13.1%, respectively, and management officials as a group 34.8%. Jack Stadler, Shirley Freeman and Mervin Hurwitz, former stockholders of Freeman, intend to sell from time to time up to 12,500 shares received by them pursuant to the company's acquisition of Lester & company, years Exchange and Board Vanneman, company's shares of common stock 2,208,105 The 38 of the sale bank with the SEC on May 16 covering $100,000,000 of first and refunding mortgage bonds due 1992 (series V), to be offered for public sale at competitive bidding on June 19, 1962. The net proceeds from the bond sale, together with other funds, will be applied to the 38 Over-the-Counter starting, lighting parts for the elec¬ financial net The from certain ment 38 Canadian Stock Exchange Toronto Stock Exchange 368,366 common shares, substantially all of the assets of Liberty Records, Inc., which is engaged in the production and distribution of single records and popular long-playing albums, both in monaural and stereophonic sound, and to a minor extent in the music publishing business. The company also recently acquired the outstanding stock of Freeman Products Corporation in exchange for common shares (not less than 50,000), based on a pur¬ chase price of $1,350,000: Freeman is engaged in the distribution of metal, wood and plastic component items utilized in the assembly of various lighting fixtures, lamps and giftware products. exchange 33 38 Stock powers. and Consolidated Edison Co. of New York, Inc.—Bonds Reg. 47 Montreal for replacement 28 Philadelphia-Baltimore Stock Exchange Pittsburgh Stock Exchange engaged extensive an D. Etheridge 16 64%; owns Midwest Stock Exchange Pacific Coast Stock Exchange in the business of assembling, processing line of electrical connectors and in mar¬ keting transistors, diodes, capacitors and other items related to the electronics, communications, aircraft, missile, utility and business machine industries. Pitt is engaged in the wholesale distribution of The and trust the proceeds notes $6,508,223 and Vanneman, Hilda Cincinnati Stock Exchange connection with follows: banks Detroit Stock Exchange.. any or Exchange (Stocks) Exchange (Bonds) American Stock Exchange--. National Stock Exchange Boston Stock Exchange New York Stock to the exchange pledge Inc. K. Page agreed to accept the com¬ such common shares and any also- -intends includes also Stock and Bond Quotations has to respect which sold, not are Pitt, of with Pitt Lawrence by it pursuant they The shares 10,750 of the to up on is offer of shares that received that It common exchange pany's states Street, State 70 s'ock. common with $1,027,070 (plus interest) to pay long-term secured notes payable to insurance companies; and $204,000 (plus interest) to pay subordinated indebtedness. In addition to various indebtedness, the company has outstanding 199,239 shares of common stock, of which Etheridge & Vanneman, Secondary— registration statement exercises and together subordinated and as to ness In This issue Plan and used sale, senior be The agent escrow the of SEC FILINGS • S. to be offered for public sale through underwriters headed by Moseley & Co., 135 South LaSalle St., Chicago, and Courts & Marietta St., N. W., Atlanta, Ga. The public offering price (maximum $13 amendment. issuable 6%% share) and underwriting terms are. to be supplied The statement also Includes 47,619 common shares per conversion of the company's outstanding. $500,000 of convertible junior subordinated notes due 1972, presently held upon by the First Electronics Fund and the First Electronics Fund-2. The operations of the company consist primarily of (1) administra¬ of mortgage loans for institutional investors, (2) and acquiring mortgage loans for sale to institutional investors, (3) the consumer loan (small loan) business and the sale, as agent or broker, of insurance incidental to - the consumer loan business, and (4) servicing and financing activities involving mortgage loans secured by "shell housing." The- company also serves as custodian tion 600,000 shares of jommon stock, of which Charles H. Brown, President, and his wife, own 23.5%, and management officials as a group 27.5'/#. 11 Co., by Securities be (servicing) originating Dart Drug Corp.—Debentures Registered— of 5458 Third St., N. E. Washington, D. C., filed a registration statement with the SEC on May 10 covering $1,000,000 of convertible subordinated debentures due 1977, to be offered for public sale at 100% of principal amount. The offering will be made by Laird & Co., Nemours Building;, Wilmington, Del., and Jones, Kreeger & Co., 1615 Eye St., N. W. Washington, D. C. The underwriting terms are to be supplied by amendment. The company and its subsidiaries are engaged in operating 14 dis¬ count retail drug stores, primarily in the Washington, D. C'., metropoli¬ tan area. Of the net proceeds from the debenture sale, $300,000 will jge used to pay bank loans incurred for working capital and to purchase The company, 2 The Commercial and Financial Chronicle (2374) balance the and 1962 working capital and to open new for The such stores. The company now oper¬ contemplates opening about eight new stores through indebtedness, the company has outstanding 475 840 class A common shares (non-voting) and 129,260 class B com¬ mon shares of which Herbert H. Haft, President, and Gloria G. Haft, his wife and a company Vice-President, own an aggregate of 44.5% of the class A and 100'/; of the class B shares.—V. 191, p. 1564. and to 14 stores and Plohn Co., & the SEC 14 Y.—V. N. 195, 745. p. with the SEC - By St., bench saws and arc and it also engages in welders: U. >-A, S. Electrical Motors has been interest rate senior securities competitive fixed 41 - in engaged the manufacture and OF came pace A' to 16. to the LEAD For the the A-AA -*45 , ILLINOIS THIS WEEK'S 8 The LIGHT SLATE 28 DAY May 21-May 26—_ June May 18, 1961 * owners; Issues of $1 TO HEAVY FOREIGN FLOTATIONS Financial writers and analysts have taken notice of the extent of foreign flotations evidenced by the outpouring of their recent comments pointing this up. Last February 5 we made the reminder of the paradoxical situation being created by our departure from "bills only" in our open market operations. We called as our-expert none other than the principal cooperator In the "nudging" policy—the Fed¬ His Joint Economic Committee testimony of eral Reserve Board Chairman. January capital outflow be influenced by the "level "by .and large,. ' differences between money rates here and abroad do not appear to be a primary determinant of capital movements either from or to th? United StateA" Instead,, Readmitted, "the ready 30, 1962, noted that only in part of short-term interest rates." can our He warned , .A' . . . filed < registration a 10 catering $2,185,000 of limited part- . > [exert] . an ; . The alarming facts ' A ,, (Thousands of dollars) , . are . . the nongovern-r A.\ ; • . .. February • March $2,838 47,316 94,495 COMPETITIVE NEGOTIABLE AND VISIBLES Total Total Corporates Municipals* $274,460,000 80,504,000 79,351,000 156,546,000 Corporate Stocks $50,250,500 414,529,000 159,568,000 94,770,000 $107,735,500 454,629,000 300,934,300 141,020,000 Total of Both Financings $382,195,500 535,133,000 380,285,300 297,566,000, $590,861,000 $1,595,179,800 $336,256,300 $641,770,000 $785,697,500 $1,121,953,800 $566,960,000 $1,688,913,800 $406,157,000 $1,388,522,990 million or $340,595,990 more. $982,365,990 t Memorial Day Week. COMPETITIVE AND NEGOTIABLE BACKLOG This Week Last Week $546,645,100 (43) May 18,1961 126,002,820 (39) $901,770,000 342,778,150 $672,647,920 (82) $726,428,920 (89) $1,244;548,150 $800,084,000(245) 585,107,000(317) $851,875,200(263) $405,048,210 665,975,000(312) 586,512,400 $1,385,191,000(562) $1,517,850,200(575) $991,560,610 — f$2,057,838,920(644) $2,244,279,120(664) $2,236,108,76Q Total municipals with dates Total of both finan&ogS—— >"$685,341,000(100) $2,743,179,920(744) $634,968,000(103) $2,879,247,120(7.67)' $536,057,000 $2,772,165,760 Total bonds— Corp. stocks with dates—A Corp. stocks without dates— Total stocks— Total ^ - : •/ '* — corporates.— Data in parentheses denote the number of capital issues to be publicly offered for additional capital and refunding by nonfinancial and financial corporations including investment cos., and for the owners. Excluded are private placements and such other nonpublic offerings as exchanges, shares reserved for conversion and for issuance under employees, and stock option plans and "frbm time-to-time sales." • ~ f Includes $12,135(000 in two equipment trust certificates with assigned dates; four preferi-eds with sales dates amounting to $39 million; and 117 issues of $300,000 or less of which 44 have sales dates posted. </ y . * ■ * Issues of $1 million larger. or INDETERMINATE , FLOAT This Week Corporate stocks and bonds*—- WOULD LEAD witness 1 bring out 335,000 shares of MARADEL WM. McC. MARTIN HAD ACCURATELY PREDICTED NUDGING York, (49) (40) plus common. May New $584,526,300 141,902,620 Thursday, May 24, $10 million SALT RIVER PROJECT AGRICULTURAL IMPROVE¬ MENT & POWER DISTRICT, ARIZ.; $4,858,000 SALEM, ORE. During the week it as •; Corp. bonds without dates— 310,000 shares of stock in units via Dempsey-Tegeler; .and $10 million LOUISI¬ ANA GAS SERVICE CO. first mortgage bonds noncallable for five years, while present issues are rated Baa. A here 1962. . and PRODUCTS on A A:A'A/'-;;" • VESTMENT TRUST beneficial interests via Stroud & Co., and Walston & Co.; 300,000 shares of ROSENAU BROTHERS common via Burnham & Co., and Zuckerman & Smith; and McWOOD CORP. $3,1 million subordinated convertible debentures may the SEC 40th ■ Corp. bonds with dates . $5 million PENNSYLVANIA REAL ESTATE IN¬ possible that Hornblower & Weeks with East 10 $719,117,500 $1,004,318,800 TOTAL Wednesday, May 23, $57,330,000 NEW YORK STATE; $9,905,000 STATE OF MIS¬ SISSIPPI; $6,024,000 UNIVERSITY OF TEXAS, AUSTIN, TEXAS; and $4.5 million HENRICO COUNTY, VA. In the corporate sector there may be offered 290,000 shares of IPCO HOSPITAL SUPPLY CORP,, via Shearson, Hammill & Co. with 90,000 of the respectively. shares. 19,760 $285,201,300 week—— Last com¬ - 9__ Total V,-., equipment trust certificates; and UTAH POWER & LIGHT CO.'s $32 million petitive first mortgage bonds with an A rating and initial public offering coupons on the bonds; and 480,000 cumulative preferred shares. >A, 4-June June 11-June 16— Tomorrow, May 22, WAYNES COUNTY, MICH., will offer $18,270,000; DADE COUNTY, FLA., $9 million, and MADISON, WISC., $6.7 million. Among the corporates set for Tuesday are; $4.035;000 NORTHERN PACIFIC RY. those shares sold by statement ■ $57,485,000 40,100,000 141,366,300 46,250,000 2t_ May 28-June Today, May 21, THE STATE OF ILLINOIS will seek, bids for $95 million; and the GULF STATES UTILITIES similarly will seek $17 million for its first mortgage A. A The-company,- of Bonds exchange; now today's $100 million more new bills—and still the gold outflow on May 16 was $34 million, and the. average for the week ending May 16 was $44 mil¬ lion. All the tinkering with interest rates here, and cooperative tinkering abroad, •still can't convince the tinkerers that treating symptoms instead of the fundamental economic forces at work is incorrect. Our economic analysis is faulty and, as a result, our reactions fruitless. is - $1.3 billion and the remainder is said to be again disturbed about the competitive foreign short-term interest rate, and apparently the recent lowering of the British Bank Rate to 4V2% has not helped matters much. Actually, while the Fed and the Treasury have been both coping with this problem with the tools they believe best, long-term funds have been leaving this country, too—out the back door of our artificially lowered capital yields. Thus, like a leaky bucket American money still flows out because it finds short-term yields abroad attractive, and foreigners like our low long-term yields. Last week (to the Treasury's regret) commercial finance paper rates were? lowered; the Federal Reserve sold bills to depress the price and increase the yield; the recent Treasury refunding went all out on generous yields for its shortest-term ' 12,920 to Esquire Realty Co.—Securities Registered— ' 1 Corporate The Treasury bonds. from $11,532 $53,740 -034.684 9,852 -0Add to this the following for April and May: privately placed $100 million Aluminum Co. of Canada; $5 million Compagnie Francaise des Petroles; and $5 million Allgemeine Elektricitaets-Gesellschaft. Also, these public offerings: $10 million Oslo, Nor¬ way; $20 million Kingdom of Denmark; $25 million New Zealand, Government of; $25 million European Coal & Steel Community; $§,7(5Q>OOA;«TaPsn F^nd, !pc.;,$17.5 million Japan Development Bahk; pending $15. mUJion Copep,h$gen Teip^phbher<Cp,^ pending Philips N,V;; -pending- Jamaica Public Service Ltd. 'virw ;'n>- •*'* April and May already indicate $440 million will be raised. When added to the first quarter, 1962, there is every indication that more dollars will be raised in this year's first 6 months than in the full 12 months each of 1961, 1960, and possibly even 1959; the Treasury will be dipping into $1,802,351,000. The 91-day bills will be around will consist of $600 million of 183-day bills. and 638. p. International market for approximately $100 million cash—making it a total of $1.4 manner. The Treasury today invites tenders for two series for 90,440 and 49,400 shares, sell amounts ranging to propose 195, Foreign Corporate Issues Foreign Government Issues-- AA vAy2& Chairman an January Treasury bills in the approximate aggregate amount of $1.9 billion in exchange of —V. decline in governmental borrowing. obtained in this billion receive they propose to sell 142,918, Others ..A UTAH POWER OFFERINGS' 14th time since the beginning of the year money 37 NEW YORK AND AND and will who , POSTPONEMENTS . OF as a group own 8.3'ft, W. S. Snead is Board Parsons is President. The prospectus lists 12 selling stock¬ aggregate of 1,.743,022 shares pursuant to the acquisition (and subsequent liquidation of S. Electrical Motors). Grace C. Steel,-George T. Pilegar and The Grace C. Steele Trust will receive 57L710, 361,760 and 197,600 shares, respectively, mental accelerated rises in in postponements looks something like this for the following dates: May 17, May 10, April 12, (Day) , : 1962 A 1962 1962 Year Ago Postponed issues STATES R. . A.- (Cf. footnote in the Indeterminate Backlog Table below.) to $151,583 $363,202 $68,109 219,915 82,000 394,986 International ; 16,184104,347 22,217 109,459 Note the reversal and then the increase in private foreign flotations here compared numbered 45 according to our May 17 survey and amounted to $169,817,000 for the. SEC regis¬ tered issues. In the period from April until May 17, the SEC tabulated a total of 39 withdrawals, and for the same period last year—in fact through May—with¬ drawals addition Foreign Corporate Issues—__ $168,946 Foreign Government Issues._ 523,440 Corporate public offerings declared postponed, temporarily or indefinitely, changed In . , foreign corporation's stockholder rights offering sets off next week's formidable demana for capital funds—i e„ Philips N. V. shares of common. The May 28 week has been enlarged by the shift of four larger issues which had been tentatively set for this week but were pushed back when the D-J rally in the middle of the A THE PACE the company proposes division. a measures. A; : " "A ' * .AAAA Incongruously, but not surprisingly, Mr. Martin had foretold what would occur in Yet he has maintained ' .'A.,-.;.' Aav:A:<: AA-''.'~ AA (Thousands of dollars) Nudging — —Before Nudging— 1961 ' 1st Qtr. 1962 ■ ' ' ■ 1959 A : I960 nicipals; three others are utility debt issues; another is an equipment trust certifi¬ cate; and the last fixed-interest rate bid issue is a utility's cumulative preferred. WATCHING as makingcredit abundant here and at depressed cyclical yields. superabundant credit. ,.V>-A AA.AA-./.v^yAy^A'AAA- totaling $339,495,000 / on A. y AA' A A • AA Our policy of domestic high short-term rates and low long-term rates has not suc¬ ceeded in arresting the capital outflow. Nudging was initiated a year ago. last February; yet the 1961 outflow Was greater than 1960 and this year, so far, each month has {lad an, accelerated volume. All this despjte successive lowering of the British Bank Rale; our timid approach toward foreign exchange forward operations; large flotations of short-term Treasury issues; foreign central bank cooperation on . A'. \o ' carried gold and other technical - for bidding this week. Thirty-six of them are tax-exempts with a gross dollar volume of $274,460,000 and three of them alone account for $104,130,000 of the mu¬ subsided. and upon its purchase be availability of credit at rates competitive with other markets may ' up week W. holders ^Important influence;"*' A-':"v i;:r' SIDNEY BROWN respondingly, lighten the shprt week. are officials . products of missiles ar.d airframe s/ructures. including complex .electronic systems, will research, certain military development ana production engineering, motors; business Monday, May 21, 1962 . indebtedness, the company has outstanding 5,203,625 shares common stock (prior to said acquisition), of which management of New Competitive bids for senior debt capital take up the bulk of this week's moderately kcav., xiiidiieiug schedule. And the.calendar's biggest week in dollar terms is being groomed for the earlier part of next "week—a foreshortened week because Memorial Day falls on Wednesday. A depressed stock market can easily, of course, cause many of the issues tentatively slated for that week to be pushed further back and, cor¬ There . such . certain shares Corporate and Municipal Financing Ahead A , May on electrical of that Louis, Mo., filed a regis¬ 14, covering 435,784 out¬ Ave., St. thereof Wall devices, withdrew its registration statement Feb. 5, 1962 which covered 100,000 publicly at 34 per share through on offered been have to common Charles with filed originally the company 17, <1962 May 8100 Florissant of comon stock, to be offered for public sale by the through underwriters headed by Blyth & Co., Inc., York. The public offering price (maximum $40 per share) and underwriting terms are to be supplied by amendment. Such shares are part of an aggregate of 1,884,496 shares to be issued by the company in July 1,962, in exchange for all of the assets and liabilities of U. S. Electrical Motors, Inc., a California company. The company and its subsidiaries are engaged in the design, developn> no aud manufacture of certain commercial products including electric motors, lighting fixtures, fans, air-conditioners, electric heat holders Components, Inc.—SEC Registration Withdrawn Eldre On of statement- standing to certain In addition 1963 company tration provide inventory for 1963 ates sale Emerson Electric Mfg. Co.—'Common Registered—» in April, available discount retail drug stores through for the company's latest store opened will be added to general funds to be inventory and equipment . 1 $900,000,000 Lastlfreek $805,500,000 * This table comprises reported financing plans which have not been finalized and; also, postponed and indefinite issues which may be re¬ scheduled later as a forthcoming offering. Removed from the latter, example was the.STAR TANK AND BOAT CO. which went out May 17 hut had been in the postponed status the week before. The May 17 Chronicle corporate calendar contained 45 postponed and indefinite issues with an aggregate dollar value of $169,817,000. This includes such recent additions as WHIRLPOOL CORP.; SCRIPPS-HOWARD BROADCAST¬ ING CO.; VAPOR CORP.; TAYLOR PUBLISHING CO., and KELLEY REALTY CORP. Excluded are the non-SEC registered McGRAW-HILL PUBLISHING CO.; KELLOGG CO. and YAM PAX secondaries. * - * s *:<•<•: •< A. . - . ' - ; ; >r May 17, 1962. Volume 195 Number 6161 The Commercial and Financial Chronicle . (2375) 3 ' nership interests* in $5,000 per Esquire law in the interest. Realty partnership, No is April, 1962, and limited a be to offered is involved. underwriting partnership for sale public • • . ' at* . • under organized with Benjamin Kaufman, Shabse Nathan P. Jacobs, located & self-service a the discount sellers in each Jacobs, as convey the payments department of by or and original June, sub-leases the sellers. of Kaufman and 1962. which liens are consideration As limited company partners $5,000 thrift will the on such for receive Thrift be of 1, filed certificates for used 3902 finance 1962 multiples or. any to are industrial May on fully oaid Proceeds First property First the general-, subordinate part¬ conveyance, $20,000 of W. to "Reg. a 6th A" offered be thereof. of No at In par / The Suite in with exchange & the SEC stock. common Farmers common stock. It at $20 share by 212, Los V . Angeles, is an- ■%•%/ for of all Merchants Pike, Arlington, Va., the 125-lor-l basis) and 100,000 10 be the company's of at least banking subsidiaries in Virginia. stockholder of basis). In the On bank engaged in the holding general commercial by President, ficials 32.26% owns as a group standing class A and class : *s':' ' ' Floseal " / The with busi- 'bfliOO statement common at > shares.—V. B 195, 0". ,< 6. p. ; " A-> stock, to be the SEC offered for for 10 May on sale to market prices 377,067 holders (2) thereof 53,504 from shares The f company oping its to the '■!;-. 'J: covering filed 169,420 stockholders other of of the die west patents. the for Eddy operating balance will be ^ ended years loss for tus states the May ten 31, months that such the of only r sale proceeds be used Investment to to Co., and to ahd in In addition, consideration Dec. 11, 1960 and ended 1961 March for shares common for patents, dered. such Act A ager are cur¬ by as debts and of is of said patents, and in deferred cancellation the company's from indebtedness pay fiscal and The have to From been Oct. issued has which and outstanding shares 977,067 of common is of 16, 1961 with of the nership interests, D. Zuckerman partner. property is a general on Ave., May offered 14 for organized Elliot S. partners New York, covering public under Gross, ...The in sale New will working at Simeon F. law in Gross Jarcho as G.E.M. a service station International and dry Inc. retail cleaning plant. discount The total price of $1,568,568, institutional paid first $50,000 upon tional $50,000 on consisting of $718,568 & Co., $5,000 to the William of Old in 1962 limited partner and Dana Seibert, FINANCIAL Treasurer; 3, 187?. be to sales and is Mabey in 22.7c of as the . man¬ fee the sale limited own line that 104 in SEC to 100,000 194, 1961 publicly the the stock company 10c) be 1962 4, offered to be for used filed tools at which equipment, On sale and of Ave., pure food in presi¬ trustee as Chicago, 16 filed covering (with a $800,000 perpetual warrants Calif. public The supplied receive by 500 offering price amendment. warrants to Each purchase to be supplied by amendment). manufacture and sale of electrically the tools. be added used to Of to the used inventories. officials as from payable and outstanding management 195, proceeds notes funds and has company net retire general receivable the which to addition In 750,000 a the banks, working as to shares group of 44% own A Sept. on been named.—V. 25, offered 194, Registration. registration which 1961, $5 at statement 120,000 covered share per through an 1428. p. Proceeds Corp.—"Reg. A" Filing— May on & be filed 1962 10c) Inc., Co., to are 3, (par shares common Schaftel Reese, for used "Reg. a A" offered be to 80.006 covering $3.75, at through and working Y. N. equipment, expansion capital. of Saturn 10665 .manufacture, filters Blvd?, Dallas, Hines Harry assembly transformers, is distribution of similar electronic and and in the design, fidelity amplifiers, engaged high equipment. Sehlumberger Ltd.—Common Registered— The sale the Stanley of thereof holders (maximum Building. Southwest underwriters through May Houston, covering 11 offered headed for public Morgan New York. The public offering price underwriting terms are to be supplied Wall Street, $80 per share) and Co., & the statement with the SEC on of common stock, to be shares outstanding by Bank 408 registration a 700,000 by of company, filed 2 by amendment. The manufactures ponents and the by the laws of under the Netherlands stock, G. H. In for the of management Board Chairman decedants the as Pierre Maroel descendants and such own aggregate an sell to the 700,000 shares, Presi¬ trusts created of about outstanding stock. The prospectus lists (including trustees of trusts for the benefit propose is Schlumberger. 23 including 66.3% de¬ such of of some Jeanne (Mrs. Schlumberger, Sylvie Boissonnas, and Pierre Schlumberger, 365,175 and 403,385 shares, respectively. Tney 24.3,863, own to propose others com¬ about own group a Schlumberger and Conrad descendants such of officials and of the company, spouses of who the designs equipment, company's them) it the which of Doll' is scendants sell 150,000, sale, Schlumberger abqut 53% 103,250 and 100,000 shares .respectively; and amounts ranging from 1,000 to 98,000 shares. selling stockholders and other members of the will own in the aggregate, directly or indirectly, sell to propose such After addition, electro-mechanical and Antilles) with connection recent addition, benefit the in In such operations having been recently expanded acquisition of Daystrom, Inc. In addition to company has outstanding 5,333,587 shares of systems, indebtedness, S%. dent. electronic company's certain common par (organized company provides electrical logging and related services drilling and Operations of oil and gas wells. the family of the outstanding stock of the company.—V. 195, pv,1598. . The 92,300 products, engaged developed from formulas. Pacific of Power of company, registration 220 statement Co.—Bonds South with mortgage bonds due competitive bidding June 26. at be applied $3,400,000) new for the to will for The 1992, to The filed J. in United fluctuations in from bank that the bond loans and purposes, the such sale (estimated balance for expenditures 2154. p. Papert, Koenig, Lois, Inc.—Class A Registered— department will above The . be an contributed statement of class through with A 9 Rockefeller the SEC stock, be to on headed underwriters 10 May offered Plaza, for by price supplied (maximuif by $8 amendment. New covering public York, filed 100,000 sale by the The holders thereof & Co., 30 Broad St., and both of New York. The public offer¬ and underwriting statement also includes terms are 12,000 The to business of is! an developing advertising and on (no the will company and be underwritten May 4, Co.—"Reg. A" Filing— which 6,000 shares by filed 1962 of par), Frank "Reg. a 54,000 Mohn J. A" shares stockholders by covering to are at Investment $5. be engaged advertising principally for its in clients the and arranging for the publication and dissemination of advertising in vari¬ ous media/ including, among others, newspapers, magazines, radio and 60,000 offered The offering Securities, San Francisco. Proceeds Solo coin of of are to be 219-9th operated used Street, for San amusement debt repayment Francisco, rides for is and working engaged in capital. the operation children. Southern Land, Timber & Pulp Corp.—Common agency preparing by be Adolph N. Hult, the finder. company company shares common outstand¬ to ing class A shares underlying 3-year warrants to be sold by .the holders thereof to the Andresen firm for $120, exercisable at a price to be sup¬ plied by amendment. Andresen intends to sell at cost 1,000 of such warrants The registration outstanding shares share) per a Andresen Oppenheimer & Co., 25 Broad St., ing Solo Amusement & Vending ' of company, The but of corporation registration outstanding unissued 615 statement shares of shares, Peachtree, with the common 150,000 SEC stock shares St., on N. E., May (including subject to Atlanta, 11, Ga., 7,976,643 options held Reg'd filed States, U. rate of S. Possessions exchange, and remittance Members for of foreign Pan American subscriptions Union, $65.00 per year; In Dominion of Canada, and advertisements must be made in New York fuada. $68.00 ' * per year. Other countries, $72.00 a 18,926,375 covering subscribed by officers (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; Morrissey, Editor. Published twice a week [*very Thursday (general news and advertising issue) with a statistical issue on Monday], Other offices: 135 S. La Salle Copyright 1962 by William B. Dana Company. Re-entered as second class matter February 25, 1942, at the post office at New York, N. Y., under the Act the a covering $5,000,000 for public sale at proceeds outstanding construction Nev.;" Reno, 11 offered be net of Registered— Street, May on company estimates $11,660,000.—V. 193, about be SEC payment incurred construction. 1962 Virginia the first will is withdrew* its company have to Electronics Saxton covering new SEC Corp. CHRONICLE George . 1320. p. Chemical the 1962 corporation class without underwriting.' products be Fibre not 131,500 A. Minneapolis, Ave., May 1972 be will President.—V. is shares Saturn The increase ' A" Hills, garden will accounts & underwriter, banks. covered expansion, N., Pardi, price per share a hand of 11, May common - Hillsboro acquired were shares. on due to are originally filed wioh the SEC statement G. (at will carry Cutrone Dec. certain three capital. 2840 and dry- 300,000 of 100,000 common shares), to be offered underwriters headed by Aetna Securities York, and Cantor, Fitzgerald & Co., Inc., is engaged stock, Rubber which of and through $3.25, Queens offering outstanding Registered— SEC debenture $350,000 balance the the Beverly terms and sale, founders of by registration "Reg. a in Withdrawn— Foods, Inc.—"Reg. A" Filing— May underlying $50. Violet Claremont North New $1,000 company 1977 at 1426. p. has shares. 48,000 owns with Drive, a shares Sierra working of Sept. 26, offered City.—V. of common Marcel) on been Canon underwriting to y of 114. its for stores County, then outstanding which debentures Broadway, indebtedness, with of financing indebtedness withdrew fee, retail Nassau It shares the company for $150, shares underlying like book share, offered from Ill certain Fund, of the back 411 statement subordinated N. full, the in equity been credit of current company the on exclusive Pardi, of company, debenture are stock, of per book lease and the com¬ capacity. officers $2.31 other arranged reduce p. have York (par are John of sons the through Certifi¬ three and also have to by 252,000 to sell proposes aggregate accumu¬ an Industries, Inc.—SEC Reg. Withdrawn Fashioned Fashioned of services. shares common an becomes common stated sale and the increase the public 15.000 by 5,000 finders a as and related sale of which President to for stock, after giving effect to a recent recapitalization were issued in exchange for the 2,333 preferred shares then outstanding (excluding abou.t H66 capital Withdraw SEC Registration were had it to the to shares and chain City and includes underwriter inc., a York public the ■ of this are an President, $2,000,000 195, 1962 with corporation offered common and 20 common slock 1962, 31, of Queens, N. Y„ filed a 15.covering 100,000 but- May be aiso the Delegor, purchase ($23,000),; Plan both in *' , Astoria, on to share, to According to the personnel shares company from from a used New to 6 Va % John payment duties Fund Jan. 971. p. (Telephone STate 2-0613); Subscription Op ,account of the of 195, George the cash has 1962 engaged result which that the'manufacture its partnership. Chicago 3, Illinois March NOTE: original for the prospectus, its Fund, the A Western statement filed with the SEC on $2,200,000 of sinking fund debentures due $2,000,000 inventory and of about $850,000. The general partners the signing of the contract and deposited an addi¬ April 30. The $618,568 balance is to be paid at THE COMMERCIAL AND Street, Inc., Old mortgage partnership interest. The out class shares 70 and the and to. registration said shares common closing. The net proceeds from the sale of the interests will be applied to the purchase price (including refund of the $100,000 deposit to the general partners). The general partners have assigned the contract to the partnership and have received $168,000 in subordinated gen¬ eral will Everett Sisson, Atlantic Proceeds premises in of from the 28, As 51,001 the of warrants) May 16, originally filed subject to a. net lease with a subsidiary of G.E.M. International. general partners in February contracted to purchase the premises a to of company for $300,000 from a brother of the company's Of such outstanding stock/John Pardi, President, owns shares who common April for 20.5%.. group stock capital.—V. North of limited part$5,000 per interest. York Feb. part-time outstanding addition Proceeds The for a covered receive assets, registration a record officers 1962 company will it $713,568 Mildred and filed the The through underwriters headed by Blair & Co., New York City. of The partnership proposes to acquire the ownership of the consisting of about 15 acres in Newington, Conn., on -which situated store, be was Bussel, as Fifth 565 SEC to partnership John with as its SEC stock, per operates common powered (2) and distributorship and .Western overcome. outstanding now which to New such and preferred 125 officers. Certificates end of said period. shares including officers new attached of whereby 232 shares share per by including purposes ended at the Fund 32 company, The months of has of stock May (with Gemconn Associates—Securities Registered— The shares shares and statement .also proceeds carrying in company partially employ 160 other Street, the statement sold $5.50 sold purchaser handicapped by the lack of trained sales personnel and withdrawing 28, The statement five personnel Sale The at laundering Corp., per' $3.50 options, held Plan According Lamb Industries, Inc.—To On own lists /■ a under stock, corporate been In. its per cleaning, and 362,067 civil liability a The the and Fund a resulting dilution of $1.19 per share in purchased by the public —V. 194, p. 2650. officials as a group (including family and business 162,444 .shares, H./ L. Phillips is President.. The pro.selling stockholders' including Mr. Phillips and W. J. Fortier, who own and may sell 24.001 and' 41.558 shares, respectively. Others may sell amounts ranging from 300 to 30,932 shares. speetus ! : sell such management $384,296.25 Papert,'Koenig, value underwriters headed bv Edwards & Hanly, 100 Hempstead, N. Y. The public offering price (maxi¬ share) and underwriting terms are to be supplied company The amendment. at loans to Edward Mabey, President performance a certain value 75c have incurred fund,- The expenses. the sale officials agement Fund. resold. may the by $3.50 stock sale, Book through in by 25th with of Mabey owns 23.5%-. (and options to acquire an additional 15,000 shares) an dmanagement officials as a group 40.45%. In additions, Mabey owns 9.3% of the outstanding stock of the Fund and man¬ to $2 per share, for cash, indebtedness and for services ren¬ of had through of of Western general $228,437.49 been of have sales management affiliates) ' . sale to options stock mutual of repay result. company vj, supplied public restricted consists a for the company to restricted shares. be to commission. offered at be pursuant and by by selling to is stock classes. Development, Inc.—SEC Registra¬ 48-12 warrants registration 6% with¬ which cancelled total a employed shares for The. company , prospec¬ 15 of the have to pany were have expenses stock. to the for deficit time „ sale and be share per incurred ex¬ to-Far- $91,703, years date Fund On The of par, on offered Fund balance lack said According to the prospectus, without prior registration under the Securities issued at considerably exceeded the company's management expected to continue to exceed such fee until the Fund cates the the research The dent!. Corp.—Proposed Rights Off'g record business used prospectus, devel* of $3.50 warrants statement $2,000,000 offered have lated According assets 1962 of $99,222. from ranging and the company registration covered been • to underlying of the both .share. per Registration 1948. are '.administrative $23,815.57 ; licensing and Morton K. Whittaker, certain indebtedness, and obligations and short-term two and thereof has been were a have B Koenig, company withdrew its registration statement SEC on Feb. 15 which covered 150,00J com¬ been offered at $5 per share through Louis R.' common Brooklyn substantially larger; and (the company has also lost money in per¬ forming its "functions 'as distributor of Fund shares and of Western Fund Plan Certificates and is expected to continue to operate at a loss for some period of time. The prospectus reflects a net loss of the exercise and material of $84,228 31, said issuance prices in portion 1933, Act the company at and shares of said certain for the 1959, the expenses pay certain pay 45c that be general primarily as a result of low royalty income, and the company "cannot presently predict when or if royalty income might increase sufficiently to offset the company's expenses/' The company's operations have been financed primarily through borrowing, issuance of stock options and sale of stock. will Un¬ prices; the to owning die receivable, net will losses will 17th Shares,.' Inc., shares- of indebtedness, to meet current operating expenses, and to finance opera-,, tions until such time as royalty income from the company's licensing of patents might equal its expenses. The prospectus reflects losses for the its which to The 25,999 company's Industrial , includes sale market ; • and the are expenses used 1974 SEC personnel shares The assets. Of 1961 30, p. 818 salesmen a (1) company also public - accounts $100,000 Capital "Corp., incurred for pursuant business patents , receive 23,000 for now Corp.- -SEC withdrew company due the held. any sales methods and stock, will and of shares includes The company also is engaged in of making cartons that are the subject patents in the course of preparation. Its concern the licensing, promotion, and develop¬ applications additional statement current issued the patents cash, miscellaneous Thrift & Oct. on with share selected a regis- " shares of' the making of dies and molds therefor. than principal activities the , in spout The offered at be %• such means of time to or for the process to engaged matter of be ' f is developing ment sale. to carton- pouring and penses, of issued prospectus, company time shares, time outstanding options, cardboard the at outstanding share ' price to be supplied by amendment (maximum $2 per share). subscribed shares, if any, will be offered to the general public at (1) per each Unsubscribed - i. a rent they Street,. Denver, Colo., filed a registra¬ May 10 covering 100,000 shares of stock.* It is proposed to otter such stock for subscription at share by common stockholders at the rate of two new shares accumulation 10CftfWt7, Wilmington!' Del., West with the 1962 debentures corporation $2.50 , various T. 'p.lue;- % . 1962 After of 40c Ram Tool Corp.—Debentures SEC the statement common controlling a Corp.—Common Registered— The mompdny, tration ; ior '- ;J ' that class Julian the the of thereof exercisable - underwriting.—V. .194, tion Holland, Board Chairman and class B-shares; and management of¬ and 53.25%., respectively, of the out-, the 10.26% own 635. p. Investment Management six banking as Edwin of anticipated is & statement amendment. for the has and company functions primarily as such supplies them company banks and shares. common 194, Finance 15, with out The company also has two insurance agency subsidiaries and an interest in a bank building subsidiary. In addition to certain in-' debtedness, the company has outstanding 1,438,428 class A and 1,095,792 " B May filed subordinated services. class $190,000,000.—V; Industrial each of case is subject to the acceptance thereof of the capital shares of the tank. The the about $171,000,000,. and it is Withdrawn— exchange for all of the 1,000 County Bank ana Trust 100-for-l registered a about Shenandoah a offer 80% is company applied 249,466 Franklin St., five-year for outstanding capital shares Winchester, Va. (on a 20-.. exchange for all of the 100,000 out¬ in by proposed to offer such stock for subscription stockholders at the rate of one new share forty each. 20.65% own have company mum Chicago, filed a regis¬ 3,771,577 shares American be to registration held shares will were regis-', a ' covering is and A Chairman; Prosperity Cleaners & Launderers, Inc.—Com. Reg'd-—. North toward repayment of advances from the parent, general corporate purposes, including extension, additions and improvements to telephone plant. Construction expenditures for 1961' fil"d shares The . Bank, snares 11 May on shares A each outstanding standing shares of for 35,000 National SEC Street, Washington class Board Drey ling. & Co., Inc.;, New Brunswick, N. J.—V. '' ■ of record on May 29, 1962. No underwriting Is Telephone & Telegraph Co., whicn owns 37,4^,9,187 shares (99.32%<> of the. outstanding stock of the company, intends to subscribe for the 3,745,918 shares which represent its pro rata portion of the offering. The $75,250,000 estimated net proceeds from the stocks each involved.';, May 9 covering 2,362,500 shares • proposed to offer 703,000 of suchr is per W. class will now May 11, 1962 originally filed with Co.—Proposed Rights Off'g— the 212 with statement of denomina¬ , of company, 262,444 Papert, Withdrawn— mon the manufacture: outstanding Frederic On A"—Filing . has Patent Research tion . . 2.C80 Lois holders on It outstanding capital shares of Company, Woodstock, Va. (on ness 1092. p. Sales, Inc.—'Reg. Illinois Bell Telephone basis), 1,500,000 shares in standing capital shares of Southern Bank of Norfolk, Norfolk, Va.' (on a 15-for-l basis),, 62,500 shares in exchange for all of the 500 out-standing capital shares of Peoples' Bank of Mt. Jackson, Va. (on a. The 195, v % •Idaho-of P. O. Box 5014, Boise; Idaho, is engaged in a bulldozing machine called the "Multi-Moyer." The is sell and .shares bn May ?, 1962 filed a "Reg A"/covering 60,000;11 common shares to be offered at $5, without underwriting. ] Proceeds are to be used for working capital and general corporate of $250,000%.' ' purposes. v!/;'•'%'"s ,.■*>/ of 2924 Columbia statement holders c corporation tration covering underwriting corporate St., for-1 bank pleasure boats.—V. fiberglass purposes.'.."'-- Virginia Corp.—Files Exchange Plan— class. A shares of Manufacturing & involved. general company. corporation, tration of . . ' the!" " through sale The , 4, to May on sale and .Idaho . First Thrift of Los Angeles—'Reg. A" Filing— of , . , , nership interests, $2,185,000 in cash from the net proceeds of this/ ■ offering, and $515,000 of original limited partnership interests ; (to"; ' constitute about 18.9%, of the total partnership interests to be out-. standing).'1'' ■:■ •' y 'v;( ... through Hemphill, Noyes ... 1962 filed a "Reg. A" covering 33,114.. common shares (no par) be offered at-the-market,'through,.James* C. Tucker"& CO.*,.inc.,. Austin, Tex. V,* ;*' /%r Proceeds Will go to selling stockholders. ". Glastron of 9109 Reid Rd., Austin, Tex;, is engaged in the manu-company facture to mortgages on cf tions 2034.'• p. to The store the general and original limited partners, will the partnership at an aggregate cost to. tile] t$5,138,709 after giving effect to principal i amortization * properties end 5% 195, It which of . President, and George Lois, First Vice-President, each own 25.66% of each class. They each propose to sell 25,659 class A shares. In addi¬ tion, Norman Grulich, Executive Vice-President, owns 14.7% of each class and proposes to sell 14,703 class A shares; and four others propose covered: 185,000 agents for all partnership of City—V, York New which Glastron Boat Co.—"Reg, A"—Filing— . providing for the operation of each of the case, properties by such sellers The 1961 are (Modell's Discount-. -■ Department Store)." Such properties were acquired by Kaufman and, Jacobs for an aggregate purchase price of $4,705,000 ($2,205,000 in bash'" artd $2,500,000 in mortgages); and they have entered info ; net'leases, with Co., withdrew^ its registration -statement company shares to have been offered publicly common S. Kaufman as general partners. Said persons and''* original limited partners. The partnership poposes to acquire a 24-story office building (The Esquire Building) located in Chicago, and a 6%2-acre tract of land in Lodi, New Jersey, on which is"' others 14 the 1962 filed,;, with the SEC on Sept. 27, originally Gerald Frankel May, 16, On- York! New television. shares, Glass-Tite Industries, Inc.—SEC -Reg.'Withdrawn— '" ^ per year. » 4 k The Commercial and Financial Chronicle • (2376) ''I 1 ■ 1 ' representing balances due under lease and sales Such shares have been sold in part by company since the company's organization in May 1957, both cash and on a time payment basis at from $2 to $5.94 per share. the for On prospectus states that the company sold such shares since 1957 who signed a subscription agreement representing to the that sucn purchaser was a bona fide resident of Georgia, thereby exempting such offering" and sale from registration under the Securities Act of 1933. The prospectus further states that such persons company exemption the by lost been have may possible the refund for a the date of notice formal to The berlands either intends also operate The agreement contemplates that the company will transfer to project all timberlands, the kraft paper mill site, the mill so far presently constructed, the railroad subsidiary (all at book value) and a sufficient amount of additional cash to bring the total initial contribution of the cmopany to $15,000,000; and Great Northern has pany. the as cash to the project. The project is located near Cedar Springs near Blakely in Southwestern Georgia and will have a nominally rated capacity of 700 tons per day of Kraft linerboard; and the overall cost of the project is presently esti¬ mated at $53,600,000. The project intends to borrow $25,000,000 from large institutional lenders on long term, bonds to be secured by a first deed of trust covering the project plant, plant site, and railroad. The project capital of $30,000,000 will be represented by common shares at 50 cents par value; the number Of shares to be issued to the com¬ pany to be a number equivalent to the aggregate of the company's shares outstanding at the date of closing plus its shares then held or unpaid subscription outstanding and in effect at that date. An equal number of shares of the project will be issued to Great Northern in consideration of its 15,000,000 cash payment. The contract further contemplates that after the company has collected all of the unpaid purchase price of the stock sold by it under time payment plan, and has paid all liabilities not assumed by the project, the company will pay over the net balance of the monies collected by it to the project, in exchange for additional stock; and five-year warrants for an equal amount of additional stock will be given to Great Northern. It is anticipated that the officers of the project will be M. C. McDonald, in $15,000,000 contribute to Northern, John J. Neely, Edward L. Cowan, Executive Vice-President (Executive Vice-President of the company). Mr. Neely owns 13.2% of the outstanding and subscribed stock of the company and management officials as a group 16.5%. According to the prosof pectus, manages of head (former Chairman Board President (President known on issued The Lyndale 7620 Avenue registration statement with the SEC of common stock, to be offered offering proposed authorized because of terms writing The Dain & Co., Inc., on an all M. by J. be to are in law public sale for or Inc.) Research Chemtronics 1962, January, organized was the purpose of engaging in for the manufacture of products, in the lields of data processing by electronic and other methods, process control and chemical and food processing. The company is a new research development, and and venture its date to and in in resulted have operations contracts no and The $379,000 estimated net proceeds from together with $100,000 received from the initial sale of 100,000 shares to founders and $100,000 from the sale of 6'% convert¬ ible debentures, will be used for research and development ($125,000), produced the stock sale, haye for equipment, capital provment, and for revenue. no and spectively, stock, of the Growth Stutzman holds company. shares at 18,000 corporation registration of statement with the Inc. P. 20% 15%, and re¬ 60%. In addition, the 20% each. North¬ own directors of its also are options five-year di¬ to purchase share. $1.10 per Shreveport, Ave., SEC La., filed a covering $40,000,000 14, May on first mortgage and collateral trust bonds due 1982, to be offered public sale at competitive bidding on June 6. Of the net pro for ceeds of the from like a bond amount sale, the 000 on the the of Line Co., a subsidiary $34,000,000 first will be mortgage applied bonds of to the purchase United Net income to used and principal amount of its outstanding 4 y2 % notes held by The balance of the proceeds, together with the funds from the the stock. mon N. President.—V. the has McGowen 195, added be The 1962 funds Provision Net the on United Investors 16, May shares of 1962 this firm's associated with postponed. The Waddell not be Board 12,885,471 Chairman A at Investors & Inc., that Kansas shares and of com¬ Parkes Ed is certain Life & had City, tax Reed of said the called the off.—V. 562,000 persons been The of 15, 14, May without May 7, on cumulative p. 16% $49,135,496, announced was of sales net the than higher that the offering will by the Internal "might give rise to to total absence Brazil, 156,OOo, special a issuance in 1960. utility 194, GIVING EFFECT TO 1962 filed preferred a series "Reg. A" C stock United stock 195, be operations Mr. 500,000 shs. 1,000,000 shs. cents) 10 Airlines, Inc.—Notes Sold Privately—On reported that $7,500,000 of this firm's notes had been sold privately through Auchincloss, Parker & Redpath, Washington, D. C. May it 1962, 17, was sold to the Chase Man¬ to the Riggs notes mature five-year period ending June 30, 1967. total, $2,250,000 were hattan Bank, New York City, and $750,000 National Bank of Washington, D. C. These serially over a The remaining $4,500,000, which 1967 to surance due mature from June 30, June 30, 1971, were taken up by Aetna Life In¬ Co., Hartford, Conn.—V. 191, p. 97. shares of 5V2% its Payment at p. at convertible is the for made will be stock on called has of basis redemption the into 2.16 on Bankers Trust Co., N. Y. stock common shares for debt repayment. shares. reflect 4% ' the Report— and drastic a income in reduction 1961 attributable to the sales in income increased compared with $8,866,000 $1.21 or of to Foreign $9- share a Power's said approximately for in 1960. the ability of the company to adjust in Cuba and Brazil,, which, as recently that 63% total corporate of income, to as was '7. regulatory legislation. . . Mr. Sargent also noted that there has been a material improvement in the company's financial situation. Cash and cash items of $14,881,090 at the end of 1961 represented an increase of 36% over the 1960 balances. While cash balances were improving, the retired $611,000 principal amount of its. 4.80'% junior deben¬ year-end company bank and tures, through Jan. reduced by $7,000,000 from Dec. 29, 1960 Furthermore, the company retired $1,029,000 loans were 1962. 31, record "The said cents to preferred per June 14, share.—V. 1962, 195, payable share, a 11, June on 1962 to 1962." 10, May recent most the Board of 12 Vfe cents a shareowners the increased 16 the meeting of April 25, 1962, quarterly dividend rate from at position, to development major the in company's affairs," the ratification by the Colombian Congress in of an agreement which had been signed in Decem¬ the sale of our properties in that country to the govern¬ "was Mr. Sargent, of this year 1961 for the properties is to be determined by the International Bank requested to name a firm, of neither Colombian nor United States nationality, to determine a fair purchase price. Under the agreement, the maximum price for the existing properties, after deducting certain obligations, is not to exceed $25,600,000, free of all Colombian taxes. The price of purchase and the sale agreement provides that Reconstruction Development will be and . Mr. also^klled Sargent attention the 'statement to President of desires to enter into negotia¬ for the transfer of private foreign investments in public utilities of tions government his that Brazil government-ownership on the basis of fair compensation to the pointing out that the principle of fair compensation was re¬ by President Goulart in the joint communique issued by the Brazilian President and President Kennedy following their meeting to owners, affirmed April of 4. Mr. properties on stated, Sargent subsidiaries are they will earn a fair return on their utility properties, meet their obligations to provide the highest to to quality some of that, in services but it would be unrealistic not to recognize Latin-American countries, there is an increasing trend utility "We the sale for negotiations company's where the out that pointed Sargent permitted continue to enter into this basis." our Brazilian Mr. shareowners, the letter to willingness In indicated our towards government-ownership of utilities. Recognizing this, the company is to enter into negotiations for the sale of its properties to the p. 517. prepared governments concerned on mutually satisfactory terms.—V. 195, Climax, Inc.—Earnings Up 8%— Metal American company's earnings in the first quarter of 1962 were first quarter of 1961, Walter Hochschild, Chairman of This the 57 cents 53 share. per cents first quarter A year meeting annual company's the AMAX Hotel. Plaza Barbizon at stockholders told at 8% the the $8,131,000, or earnings were first quarter earnings were $7,557,000, ago share. per Higher prices for molybdenum and potash, effective in midyear 1961, contributed to this year's improved first quarter earnings, Mr. Hochs¬ child at high levels. Earn¬ and zinc also improved.—V. 195, p. 1659. and sales of both these products were said, ings from copper, lead, Offer— American Title Insurance Co.—Exchange Financial Atico See and the in first 000 or i Treasurer both for the of American Viscose earnings 1961 and year of 1962. Net earnings for 1961 amounted to $9,763,share—up from $1.45 per share in 1960. In the first of 1962, earnings were $3,591,000 or $0.76 per share- quarter $2.06 per months three 3. p. meeting of stockholders, William H. Brown, Vicestated that there was a significant improve¬ annual the At 195, Corp.—Earnings Higher— American Viscose President this issue.—V. Corp., double The in the first quarter last year. $0.39 earned the for the earnings $3,264,000 representing cash 1961 include year after Monsanto from received dividends deducting applicable income to $0.69 for each share of American Viscose ' common stock outstanding and was $0.20 per share greater than the Chemstrand dividend received in the preceding year. In addi¬ to tion amount This taxes. the 13% 1961, dividends in a of Monsanto's common stock 2% stock dividend. This in¬ 3,610,800 shares stock. to last the to or nearly common excluding the Monsanto and that is, operations, from as Monsanto outstanding in company's that earnings shares 70,800 December, in ownership our of The dividends, cash received were creased equal was of half the Chemstrand per share—up from $0.37 earned in the first half of the year. In the quarter of 1962 operating earnings were equal to $0.58 per first share compared as The use in to the apparel, in the same with $0.22 earnings larger half demand for furnishings, home in materials. last the in increased This 1961, period last of equal were to $1 year. 1961 and in 1962 were and acetate fibers for rayon in automobiles improvement in began and in the new August, 1961, fol¬ depressed business conditions in many parts of the textile The extent of the improvement is indicated by the larger sales of fibers during the six months ending March 31, 1962—221 million pounds versus the 150 million pounds during the six months ending March 31, 1961.—V. 195, p. 2256. lowing period of industry. long a 860. Aluminum used be to largely to the re-establishment of satisfactory earnings in Argentina Mexico, following the sale of the electric properties in those and in Chile, where earnings improved as the result of new and Co. of America—Sells Interest Argus Inc.—New Name— in Affiliate Ekco See Products this issue.—V. Co., 195, p. Industries Mansfield See to are 1,572 694 on adjusted "V countries; $50 underwriting. Proceeds based are Mexico and Argentina had an important impact of the company's total corporate income in -1961 35% of total income was derived from non-utility in or accounted nonwoven June 15, 1962, 4,408 cumulative convertible preferred stock at $10.50 per corporation Cuba corporate as developments attributable The 1961 compared with $2,600,000 or 11% as Sargent unfavorable 1958, share a composition nearly Allegheny share. offered (par Outstanding 2256; p. and from company's properties the —V. any 1962 income of the $8,300,000, ment FINANCING Authorized inclusive, covering 3,700 shares to PRESENT Allied Artists Pictures Corp.—Partial Redemption— 2815. p. Details— 100,000 shares of this firm's common stock at $5 per share through J. R. Williston & Beane, New York City. Additional financing details follow: Common in issue reported the offering on May 10, CAPITALIZATION earnings reached of Income'directly the on when of meeting the of Financing Inc.—Additional Ayres, Sales, J. largest $1.25 or or by Vincent Barreca, President. earnings before taxes were $1,187,956, Our May 14, 1962 stockholders." said quarter were last year, it first reported $42,432,930 the the earnings from Board, compared with $302,910 in the comparable quarter of 1961. Earnings after taxes were $509,957, or 21 cents per share on 2,417,261 shares outstanding, compared with $204,113, or eight cents per share in the previous year.—V. 195, p. 1659. Consolidated Record — Report of American & Foreign Power just released by B. Sargent, President, underscores the benefits resulting from the diversification achieved by the transfer of part of the company's electric power investments into non-utility enterprises. Despite the above the in company Inc. . Annual have 1962 Corp.—Sales, Earnings Up— Admiral Co., Henry on 1961. Telephone Co.—"Reg. A" Filing— company 5V2% 195, each stockholders of Adler Electronics, approved the private placement of $2,000,000 principal amount 10-year 6%. notes, convertible at $20 per share until May, 1972. The notes will be pur¬ chased by a group of institutional investors, including American Research & Development Corp The proceeds will be used to finance the company's rapidly growing volume of business. Ben Adler, President, told stockholders that the company's indicated sales for the 40 weeks ended April 7, 1962 were approximately $12,600,000 compared to $5,549,000 for the 36 weeks ended March 11, 1961. Indicated net earnings were $288,500, or 43 cents a share compared to $82,000 or 10 cents a share in the prior year based on the 671,754 shares presently outstanding.—V. 195, p. 2028. On Preferred Walden during 1425. Sale improved— Adler Electronics Inc.—Note indefinitely, Dec. on taken stock consequences to of other and had SEC position shareholders, pertaining been the Mo., the offering stockholders with issuance matters Stock to Co.—Off'g Postponed proposed Inc.,* parent, to due the Waddell stock Reed, time this that registered was indeterminable to approve reported common issue Reed, and notice Life Insurance was Waddell Service adverse to & made Revenue it $265,045 $0.11 outstanding shares of 1961—2,519,802—V. 1962—2,710,998, period, number average . American & Foreign Power Co. Inc.—Annual The 252,000 $317,254 $0.1'2 —_iT__ share—————__ common per Of the On 517,045 290,000 income taxes— after income 'i T 11 ' i i deny the prevalent rumors pending."—V. 195, p. 1094, earnings, for 1961 haye been dividend in 1962.—V. 195, p. 1653. Goulart construction its subsidiaries presently $44,282,000. In addition to various 1475. p. 607,254 ____ — taxes. on estimated for Mar. 26, '61 $19,660,562 $18,166,657 revenues—.. taxes— and and outstanding is general to borrowings. company about of company C. bank of of program contemplates expenditures indebtedness, will subsidiary, $40,000,000 prepay expansion Apr. 1, '62 before ' principal amount of its 5%% debentures on May 4, 1962. Mr. Sargent, said: "As a result of the improvement in the company's cash and Corp.—Quarterly Report— operating ' » must we merger share for Pipe Gas company. received the beyond , Vending- a - Maurice 1962, share Per Per stock ment." the subsidiary will thereupon prepay $34,000,- and of were valuation, ABC r ' record highs for the first Bernstein, President, announced. quarter in the company's history in¬ creasing 15.2% to $22,664,218 from $19,677,694 in 1961. Earnings for the period were the highest for any first quarter, increasing 39.1% to $644,031, or 40 cents per share, from $462,874, or 28 cents per share. ber Period Ended— and other or Rubber company's sales and Sales April Alison Registered— Fairfield 1525 of Armin own group a three has outstanding Buetow a Di¬ company which Fund, and debentures the United Gas Corp.—Bonds The the of President, Stutzman, Northwest and holds additional an indebtedness, common F. The quarter of Sales Biltrite American t sellout a Earnings Up— office and management officials as also rectors certain Leroy underwriter west to shares of 100,000 stock outstanding the 192, p. 449. News of Business and Finance working addition In rector, : share Consolidated the increase shares.—V. authorized validly made could not be and directors ' , in 1961. declared, "As usual, have either Directors equipment and leasehold imand promotion and remuneration of officers, furniture, for advertising capital. had the statement had not been registration Monday, May 21, 1962 . * day per Johnson we earnings per The under¬ basis. none $1 at by amendment. supplied (formerly company Minnesota under of board further would it number the by covered the by "Based South, Minneapolis, Minn, on May 10 covering 400,- shares share of liabilities by virtue of such sales; that the proceeds from such sales not been accounted for in registrant's books and records; and that Registered— Research Inc.—Common of company, a that violation feet Mr. that report had been itself to issue shares in excess of its authorized it had sold about 3,000,000 shares of unregistered Section 5 of the Act and had incurred contingent obligated or in . there at a cost of about $60 per year, but such permits before the registration statement was filed. the prospectus failed to disclose that registrant had capitalization; . 1 from 4,454 barrels per day in 1961. He predicted that gas production average about 20 million cubic feet per day, up from 11.9 million cubic any "Earned 000 that the expired stock Great stocky receving therefore a 15% selling commission. Forestry Service received^a'g^R^ate ctJnVHiHs^ions of $3,591,402.20 from May 10, 1957 through March 14; '1962. Upon closing of the project, Forestry Service will be merged into the company and will receive about 650,000 company shares in exchange for its own. filed mine; the at ore complete geological that no reserves; of Furthermore, Forestry Service, Inc. (80% owned by Mr. Neely), which the company in return for 15% of its annual net profits (plus expenses), also acts as the company's agent for Tronchemics existence the establish to "it . 1 mm* ■ i" .1. , company) and the its* of sale had abandoned them without originally acquired had taxes before , of the property; and that the venture had not advanced exploratory stage. The prospectus also was misleading in failing to disclose applicable provisions of Honduras law, including pro¬ visions making shares of common stock subject to assessment and per¬ mitting notices of assessment and of shareholders' meetings to be given by local publication in Honduras. In addition, the prospectus was misleading in implying that the Yuscaran properties and certain North Carolina mining rights acquired by registrant from the partnership for 15,900,000 shares had a value of $1,590,000. In fact, the lessors of the Yuscaran interests received 600,000 shares of registrant's stock and $28,000 face amount of regis¬ trant's 25-year debentures for the lease to the partnership, and there was no subsequent material change in the property to justify the trans¬ fer of the property from the partnership to registrant for an additional 15,300,000 shares of registrant's stock. Furthermore, registrant did not have any North Carolina mining rights; it had prospecting permits, majority-owned subsidiary, The Chattahoochee Industrial Railroad. The company has recently entered into a contract with Great Northern looking toward the joint ownership, construction and operation by a new corporation yet. to be formed (the project), of a kraft linerboard mill, which will include the timberlands presently owned by the com¬ agreed consented to the enry of Yuscaran Joseph Bobak, Emanuel Davis and David Rom¬ the promoters, no made its through Georgia in carrier common a were ■ I will , mining rights beyond The company lease. long-term or material facts. various information pulp and paper mill in acquired control of tim¬ a therewith has ownership through to operates and conjunction in and the » up of registrant. earlier owners commencing mining operations and that registrant did not know the financial results of the mining operations of the previous owner; that there was insufficient of meeting of the company oo approve joint venture with Great Northern Paper Co. built has company Georgia, a of of which stockholders' proposed terms of a the ■ i berg, Jr., were also the principal promoters and officers Thus, the prospectus failed to disclose that a number of contingent liability 7% interest from This statement is also being filed preliminary of a i According to the order, Yuscaran's prospectus did not adequately acurately disclose all material facts regarding the mining interests Yuscaran, Honduras, which registrant acquired from a partnership in loss of the exemption and possible to them of the purchase price plus purchase. in, ii and its stock and that this registration statement is now" being filed to inform the shareholders who purchased stock of the company for cash from May 1, 1961 to date as well as sub¬ scribers as of March 31. 1962 of securities on a time payment basis, of ii 'Mn 1 Yuscaran the order. che course during company by respect oublic offering of the of '■ " . Mining Co., of Coral Gables, Fla., which proposed the public offering of 1,000,000 common shares at $1 per share. The statement was found by the Commission to be false and misleading in filed The to of 1 1 1962, the SEC issued a stop order suspending the effec¬ registration statement-under the Securities Act of 1933 May 11, tiveness 1 Mining Co., Inc.—Stop Order Issued— Yuscaran timberlands). for contracts ■ shares 484 844 and ■ 111 . this Inc., issue. 2028. ' Walden facilities of in 75 Orange Walden, Walden, N. Y., operates telephone Montgomery, Pine Bush and Wallkill, N. Y. Ave., ■ Ambassador The Wisconsin Power & Light Co.—Bonds The a of a company at aale competitive will be expenditures, to of 122 West Washington registration statement with the SEC on first mortgage bonds due 1992 (series sale be made estimated —V. of Registered— used bidding June to finance 13. part a including payment for purpose. that of at about $18,600,000 for 194, p. 790, The of Ave., K), net the $5,800,000 Such 1962 Madison, Wis., filed May 14, covering $12,000 000 to be offered proceeds from company's of bank construction and for public the construction loans made expendituers about $12,800,000 for . , bond or are year as f ' Oil compared ■ to a of $283,529 for the first quarter net profit of $172,982 for the same period a net loss ago. However. 1961." F. Kirk Chairman of the Board,, declared that substantial increase in daily production by and a corresponding increase in our earnings Johnson, Mr. Johnson attributed the first quarter loss to the com¬ pany's heavy exploration program and because several waterflood proj¬ ects were started and are not yet responding. Mr. the Johnson year Arvida Corp.—Reports First Half Loss— The for forecast will reach that an Ambassador's average of more oil production than by the end 7,000 barrels daily, for of Boca Raton. Fla., company, the first indicated would company expects a last half of this year from ■ Corp.—Reports First Quarter Deficit announced "the of '/ 1962, the 1963. , company ' recent the fiscal year reported fiscal current as a and result a net ended year property sales and deficit this overcome Total the of half that loss Jan. of $1,365,000 1962, but probably corporation 31, improved operations in a profit for the whole. the first six months of the fiscal year with $1,698,000 for the corresponding the previous year. Following the close of the six months' period Arvida entered into contracts during February and March 1962, property amounted period for in the the with sales during , to $5,274,000 compared of sale total the of improved sum of contracts and $6,212,000. the profits unimproved If these thereon properties sales are are with closed estimated to sales prices in accordance be $2,641,000, Volume 195 The of closing the last of net after for of As resulted compares loss the corporation reported the for period same restatement $586,000 1962. to give effect to certain year-end adjust¬ operations other than property sales decreased the first March 1961 to half of 1961 loss this 31, for $92,000 for the to $401,000 eight first half the for months from decreased period in 1962. Such decreases same principally from improved hotel operations. Present indications this that V. New The net loss from $344,000 in are 15, Bank therefore, would result in profits in excess reported for the first six months and would also financial position of the company. deficit for the first half of the current fiscal year year from June as $874,000 ments. .The Commercial and Financial Chronicle . . 190, Atico trend will Financial continue for the balance the of fiscal for Miami, and Mercantile Fla., on the basis of one and one share plus share for each American Title share $21 of debentures for each Mercantile National share. The offer, which expires May 23, 1962, unless ex¬ tended, is subject to acceptance by 80% of the outstand¬ ing shares of American Title and Mercantile National. Accepting stockholders must forward their stock cer¬ tificates, endorsed in blank, and accompanied by an executed letter of transmittal First National Bank of to Jersey City, One Exchange Place, Jersey City, prior to the expiration date. :, ;. . BUSINESS—The of 901 Northeast Second company on Nov. 2, 1961 under the laws of the State of acquire the outstanding stock of American Title Insur¬ ance Co. ("American Title") and Mercantile National Bank of Miami Beach ("Mercantile"). American Title and its subsidiaries are engaged to of ing in the its It is who believed the shares while will share either of American these banking and and engaged of retain and benefit American from the Title market Title Mercantile or to for their present'invest¬ position through the companies if such opportunities should arise., subject to certain state insurance laws which for is limit the investment of subsidiaries, the but insurance an corporation will in the company not be subject to stockhold°r of limitations. Joseph Weintraub, American both the Title Chairman, and and principal a Mercantile, was responsible for the organiza¬ considered Rs promoter within the meaning of the Securities Act' of 1933. Mr. Weintra"b"aVTd crt'iu other tion of the directors corporation officers and and of be may American Title and Mercantile comprise the of the corporation. management CAPITALIZATION GIVING PRESENT TO Authorized 195, i. p. • 25% the ■•■■■ ■■ - . Stockholders Vote — May vestment into 15 and the and As by of part Fresident, sition consolidate majority '■ to V 350,000 shs. will CAPITALIZATION 923,409 shs. End stock Barton Capital —V. ization from $4.66 a the concern's withdraw filed The revamping with request in¬ holdings its registra¬ the is Atlas, of the company profits." Securities under con¬ which in David A. Stretch, is negotiating acqui¬ Atlas also expects to currently it Sales Atlas ihe loans, he operations show to owns a of Atlas, of subsid¬ these Stretch Mr. said. profit this year if the reorgan¬ asset value fell to $2.40 a snare a Atlas' year identify that will its the added.—V. the 195, should transaction p. Atlas company negotiations finance be plans to completed mainly phases the of ended company's March 31, or end of then 97 of with $465,669, For the equal to through 1921. 1962, operations Jack L. Set for Half— set records new fiscal year ended Sept. 30, 65 cents a share. is one of For in in and Notes results 1961, net earnings effect, were $1,034,895, t.o higher like deferred 1961 period income and profit stock a high new .' .. . reached lessor, of terms will one be of the acquired on 31, 30, Sept. March 1951, and 1962, $30,- at $16,007,329 at the and Townsend, agreement by Avis entered from Lazard Freres by to rent cities The March closed.—V. 195, p. per and The the Avis President into, Park & the Truck Circle announced. Rental Motor Co., Co. Under stock Baltimore, Cq. in at is currently Details year. producing of the revenues acquisition of Pressure Services, has Gas & the has the year six months March cash Inc., the transaction, whose sales assets T. are of Sutter, running , to of with year was G. liabilities period in compared at March $151,963,075; were at March after for N. J., will company This Y. action of the in . of firm, i'uekerton, holds compared P. . , , stock at $10 common the and terms conditions 3,500 11,000 Allied 2,500 Co., Inc. 11,000 Citizens Corp.— 10,000 Dargan & Co——. 10,000 Hecker & Co— — Co Securities Trust Inc. 7,500 Huger, Corp. 2,500 — Co.-; 2,500 a— 2,500 2,500 —_ Ilendrix 7,500 6,000 Brooks Co., & Lewis Co., & Klugh & & 5,000 Mullaney, 5,000 5,000 J. Vaughan 5,000 John Co.—_ Co.— _ Southern Investment p. Lee 2,500 Inc Wells Peeler Frank S. United Co.__ Smith Co., 2,500 Mason-Hagan, Inc.— J. Sturgis May & Co., 5,000 i 195, Jackson 6,000 Inc. & Mayes, Inc.— 2,500 Barnwell & Co.—3^,500 5,000 McAlister Corp. & Co., Securities W. & 2,500 2,500 Inc.— Co., Smith Inc. Co & & 2,500 2,500 Inc. 2,500 Co.. Co 2,500 2,500 — Yeaman, Inc. 2.500 — 2250. Cascade Natural Gas Corp.—Units Offered—On May 17, 1962, White, Weld & Co., Inc., New York City and Associates, announced the offering, in units, of $6,000,000 of this firm's 5V2 % subordinated .debentures due May 15, 1983, and warrants to purchase 90,000 shares of its working net stock. ' mon $149,736,512 receive Bristol Dynamics, Inc., the directors of both at $1,000," consisted of one $1,000 debenture carrying the right to entitling the holder to purchase 15 of warrant a ranging com¬ \' priced amount of shares made jointly ' ••• ' unit, principal by was Shares Erwin & Co., Inc.— Abbott, Procter & Paine_— Norris & Each acquire in 11,500 Smith, Clanton & Co Southeastern Securities Co.—Proposed Acquis. proposed acquisition per contained 93,500 Furman McDaniel for a, a as Co.______ Crawford W. Joe $307,592,200 with the well as Weeks--.— Manning & Smith, Inc. the were and financing details follow: Frost, Read & Simons, Inc. Johnson, Coleman, 1961 for $372,692,489 with 31, 1962 approved was the privately-held a Bornugn Manning & Co., Inc. M. 973. p. Manufacturing Announcement Co., the International Federal income indicating ' 1962 31, 1961.—V. 195, Electric N. & & Securities H. V. previous year. reserves this Florida based land and shipping all of the outstanding stock of Tuckerton, N. J.', it was announced chairman of Canaveral the water company. Works franchise Co & Alester G. representing $11,510,473 operating other $386,819,445, the of 1314. p. Dickson S. First and a special op°rating profits for therefore $1.72 in 1961 this 1961. the Additional Courts shares stock common from $15 debentures and the not Bogue common stock, shareholders, and meeting shares. is and subject legal all the to until May 31, 1967, at prices including May 31, share until May 31, 1967. The share per 1965, out to $16.25 approval of Bristol needed by the two requirements This will increase Bogue's outstanding Bristol standing. Dynamics has 254,000 shares "of per to and exchanged owned, or to on 1380. of basis total of a 95 131,044 for fund, redemption $400,000 of on June its of Bank 6%% Trust to act Co., to act trustee, corporation and convertible 195, p. York New the by as subordinated York New City, has been due April Electric Manufacturing Sale— this Co., 15, 1962, through 4%% debentures due applied be 193, from fund 1967, company, subsidiaries The stone Controls the of that its acquired for a reported Corp., Keystone Electronics Newark, of N. 5,300 the the in transaction communications research are components and Henshel, B. Bulova Other J. development capabilities will also serve as Corporation. . said that Keystone Electronics the new f • . KJeystone ' ' ' " benefit sufficient 1982, retire to $300,000 Fairview gas Ave. 1, EFFECT TO 15, Aug. April Wash., and and Oregon. At residential cus¬ customers. FINANCING 1976_ 1978— 1978— 643,000 2,429,000 2,429,003 2,500,000 2,500,000 1, 1, — 1982 1, Outstanding $8,900,000 643,000 1, 1,104,521 1986— 1982— subord. April 1, 820.000 ' (55 (par due cents cum., 2,000,000 6,000.000 1983__ 6,000.000 358,945 shs. par) no $1)_ , 2,000,000 1975——- debentures Preferred stock stock 1,104,521 820,000 - due p. Seattle, communities PRESENT debt: 195, N., 45 in in Washington debt: due due notes —V. 222 natural 1,500,000 -—— 349,971 shs. l,10o,769 shs. sus. 2025, Controls Celanese Corp. of America—Net Up 88.4%— to double Keystone's production of quartz crystal units. The New Jersey facility holds several Army Signal Corps contracts for designs of new types of crystals. The companv was founded about 10 years ago and was a major producer of crystals during the Korean 63G. p. Oct. Common . Bulova plans 195, 6% 5V2%' President, of ' note note Unsecured « due C secured 6% field. President, capital the have Authorized $8,1*00,000 series D due April 6.45% management, headed by James M. Ronan as Vice-President and general manager, will be retained,, and that John J. Carpenter, Bulova Vice- President, series B due Anril series of GIVING bonds: A due April series 5%% Keystone Electronics is a manufacturer of high-frequency quartz crystals for military, citizens' band and industrial radio applications. in will the company had approximately 20,800 commercial customers, and 157 industrial mortgage 6% newly-formed subsidiary, Key¬ cash consideration the assets Company 1932 company's debentures communities, two 47/a% Co., Inc.—Acquires Electronics Firm— has company the cover to distribute in gas 1961, 31, First 1555. p. to FEATURES—The CAPITALIZATION issue.—V. over¬ was net proceeds from the financing will be applied outstanding notes, and the baianc-% together with of 4Vs % Bulova Watch separately offering amount its Dec. Dynamics, Inc.—Proposed Bogue the BUSINESS—The 2030. Bristol See The debentures manufactured 1972. 15, the and agent debentures be transferable 1962. of debentures annually, calculated to retire 80% prior to maturity. The debentures are redeemable at optional redemption prices ranging from 105.50% to par. No redemp¬ tion may be made prior to May 15, 1967 from borrowings at an interest cost of less than 5Va% per year. transfer agent for its and registrar for sole as paying 15, program. sinking a principal Briggs Leasing Corp.—Appointment— stock Aug. will REDEMPTION of Chemical of retirement funds, expenditure Bogue . appointed warrants will than portion the other wife shares of Bogue for each shares. Stock owned by the public shareholders will be exchanged at the rate of 150 shares of Bogue for each 100 shares of Bristol, or 168,956 new Bogue shares.—V. 194, p. the A out¬ will be 100 shares Dynamics later subscribed. 1,509,289 stock common Both issues are traded in the unlisted market. stock owned by Mr. Douglas and his Bristol to common The corporation has reported net income of $6,707,215, equal to cents a common share, for the first quarter of 1962. This is 88.4% higher than 1961 first-quarter earnings of $3,560,290, equal to 32 cents 73 a share. common Sales were $78,938,380 for the three months ended March 31, 1962, highest for any quarter in the corporation's history and 27.2% above the 1961 first-quarter sales of $62,034,032.—V. 195, p. 1314. C. F. G. Funding. Inc.—Name Change Approved— On May 14, stockholders of this financing and management consult¬ voted to change the corporate name to C. F. C. Industries, Management had recommended the change to parallel its recent program of diversification and acquisition. ing Holders also voted fourteen.—V. 195, to p. the increase number of directors from seven 1922. C. F. C. Industries, C. See F. C. Funding, this rant. Transfer OK'd— shares. transfer shares in of Limited) the U. U. will assets, be C. K. liquidated P. (formerly and company, or a new Cockshutt shareholders subsidiary on a share for the assets will be C. K. P. sidiary to receive wholly-owned U. S. the the S. company price of share will basis. shares —V. are sub¬ Developments, Inc., a to be incorporated subsidiary distribution of shares''in the subsidiary, directors* of 'that authorized to purchase 400.000 shares of its stock at a p. (U.S.) be per tendered 2030. share. they In the event that would be accepted more on a , than pro 400,000 rata basis. Inc.—Units one common Offered—On share and Each warrant entitles the holder to share at war¬ one purchase one- share prior to May 16, 1964; $9.60 per share prior to May 16, 1968, and $10.40 per share prior to May 16, 1967, the expiration date. The common shares and warrants are separately transferable. common Of the certain common PROCEEDS—Net the 150,000 for a use as per offered, 60,000 were sold by 90-day from the remaining 90,000 shares and share purchase warrants to the company are approximately $250,000 for purchase of working capital and other corporate purposes of follows: machinery, subsidiary; $100,000 a shares proceeds common additional repay $8.80 shareholders. intended should 195, half Farm receive The S. $21 Rebuilders, Each unit consists cf issue. May 8 shareholders approved a proposal to transfer the Cana¬ company's assets to an A'merican subsidiary in exchange for that Equipment Parts May 17, 1962 Straus, Blosser & McDowell, Chicago, and associates offered publicly 150,000 units of this firm's common shares and common share purchase warrants at $8 per unit. Inc.—New Name— Inc., C. K. P. Developments Ltd.—Assets in Champion firm, Inc. , Electric Co.—Partial Redemption— called sinking 195, Hornblower income net quarter, first were compared of cash Co. 250,000 shares of this firm's R. quarter 31, consolidated Ltd. of royalties and assets less Paterson, After acquired ... of sales, $155,630,125 like company's Too's, Inc.—Acquisition— company second Comparative fiscal $12,141,842, net months Following The the first amounted six of Works Dubbin, —V. of in $300,000 Water Marshall, President of Bogue, and Melvin D. Douglas, President of Bristol Dynamics. ' L The acquisition will be effected in exchange for 300,000 shares of dis¬ annual rate of about $450,000 are designers and marketers of a of subsurface flow control equipment for oil and gas wells.—V. 195, operation of Brooklyn, Cn 2029. Baltimore in share per quarter underwriting agreement, the underwriters named below have sev¬ erally agreed to purchase from the com~»*ny t e number of shares of common stock set opposite their respective names. by Don approxi¬ not were an line p. share, a Elliott-Automation the for current This 1425. announced. of the .first the 1962. current the for to of Los Angeles, Calif, Services, Inc., of Dallas, in a Chairman, 31, 1961. 31, 1962 purchase of patents. months six conflict.—V. company Pressure ended cents sale taxes capital dian Baker Oil the car a company $5,000,000 mately 60 or the first into the North, President of for Edgar M. March months named. acquired 1,475 shs. 1961, net 5,379,529 shares of stock on in Shares for ended share a quarter ended income income operations presently conducted under Avis franchises in the cities of Washington, Baltimore and York. Pa., the property also includes substantial truck and car leasing fleets in the three cents 90 or shares common period do not include operations of Avica Corp., March 31, 1961.—V. 195, p. 1095. on for Henry water share. net sales, royalties and other operating income for the quarter amounted to $199,078,236, compared with $191,- the $1.90 Net approved the acquisition of all of the Inc.. leading Washington and Baltimore Co., C. of 650,000 shs. months months for first of Carolinas Capital Corp.—Additional Financing Details —Our May 14, 1962 issue reported the sale on May 9 FINANCING has country's leading Chevrolet dealers., A controlling interest in world's second largest rent a car company, was recently addition In Rental Robert an. acquired the Avis, Directors Truck of vehicle the —V. ap¬ March 31, 1962, amounted to $5,-. the 5,422,655 shares outstanding at the the on Harry Avis, Inc.—Acquisition— of is are leading companies specializing in property also has extensive leasing volume covering Canada. Board which Outstanding corporation three the $4,867,081 $3,215,287, Included have 163,909, up from $23,061,791, at March 31, 1961.—V. 195, p. 861. The In $179,142 adjoining Little Egg. Harbor area. The company serves more than 1,200 homes with well water through an extensive underground distribution system, and Its water sources are considered sufficient for a population several hundred times the present one. ended on Federal of on Water Tuckerton exclusive a $10,327,113, reserve to the nation's receivable share a for share UNDERWRITERS—Subject to six the by The compared with $12,499,619 for the corresponding period of the previous fiscal year. Earnings for the current six months were equal to $1.90 a share, compared with $2.32 a share in the 1961 period. Earnings for 1S61 included a non-recurring amount of six the reported improvement loans. It plants apd equipment. The company and its subsidiaries operate nation¬ wide- period $117,500 quarter net Federal taxes acquired purchased franchise as 2,000,000 shs. the of and income outstanding its first move tomers, in Wolgin, President, provision than those established in the subject to adjustment at the year-end. Atlas the in t 1962 common Arthur Teich, indirectly 1949 25,000 shs. income net cents fiscal totaled —V. earnings in the six months ended March 31, 1961, 31 cents per share on the 1,506,163 combined 1962 PRESENT TO and first 1961 a $55,154 first $1,041,106 announced. $144,957, after provision of properties with of the period were equal to six cents per shares outstanding, against seven cents the Tuckerton jointly outstanding. 031,149 acquire. early to said the Consolidated by short-term outstanding.. Wolgin Mr, net equal then EFFECT par)--.-. period. was second Net earnings for the six months ended March 31,, 1962, after all charges and taxes, were $940,870, equal to 55 cents per share on the 1,667,838 combined common and B common shares outstanding. This compared ($2 year, the stockholders. shares GIVING mining of compares with compared totaled in Canaveral International Corp.—Acquisition— In - California, months allowances in was firm, Approxi¬ or June, This Corp.—Sales, Net Higher— fiscal common Atlas Credit Corp.—New Records All and 1203. p. 285,330 its months Commission, in California par)_ of California— Co. stock 195, Bendix earlier. wouldn't however, summer. arising from losses of certain all Last year Stretch said, bank drop to was month. companies expected Atlas effected. is Mr. He Act "substantial to (no Consolidated of Investment majority-owned application meeting, with applied he which control Authorized Common companies. annual credits tax be added directly made are in three Figures for the 1961 t interest. Substantial iaries to its convert last subsidiaries as sales incorporated the / corporation pressure and municipalities. and York . proposed the concern a utilities New Joseph T. Hall, President, depletion taxes. 2,535,548 on research, industrial for 1961, for depletion 2,548,548 required. are wholly-owned; and Barton Sales Co. of proximately 81% -owned by the company. Total agency. the told of plan a Company Commission the to Atlas' Investment Exchange sideration He approved status company under level is companies. operating subsidiaries. tion of measurement this $112,400. successor to Barton Instrument Co., a sole proprietorship organized 1946 by Barton Jones. Its executive and administrative offices and principal plant are located at 580 Monterey Pass Road, Monterey Park, Chlif. The company has t\Vo subsidiaries: Barton Europa, N. V., which of stockholders public company's was for income after in the Company Status— On liquid the Atomic Energy and company Bogue Atlas Corp. the of military The six i'<l $12,000,000 shs. > reliable and and in differential instrumentation related accurate flow gas income Net $49,908 ' • —v. to $4,200,000 • 350,000 shs.-r ■ (par and Consolidated Outstanding subordinated sinking furi'd r:frfeben~ /!t': -0;-j'-: tures, due May 15,i;,1977—■; $4,200,000il/ii, "Preferred stock tMoting>>'.(par.$l) : '*;»• xdstock mately FINANCING 6%, cumulative period in period. EFFECT 1 Common manufacture and where educational' institutions, better expand devices use principally engaged and sale of revenues JW of ,19®2. amounted to $1,315,727, the like Approximately 75% of the company's sales are made to a broad base of commercial iridustry, including oil and gas' production companies,"gas 'transmission and distribution companies, petrochemical, chemical and steel com¬ panies, other instrument manufacturers, scientific laboratories and received stock common broader a Mercantile and Consolidated Earnings Us 5 Callahan Mining Corp.—Net Higher— 2257. p. Corp.—Common Offered—On May corporation development, - measuring military of liquid income stockholders will design, per¬ Title association keeping an indirect interest in their in a company which will be in a purposes of estate American other Title practical stock the American acquisition real mortgage origination and servic¬ a national a of services. business. corporation and, ments, than that is titles escrow on the exchange offers accept from banking insuring and carry Mercantile general a of abstracting subsidiaries also business. in business related Chemical the 195, proceeds to the company will be used for addi¬ working capital, and possible future acquisitions. BUSINESS—The Miami, Fla., Ave., incorporated one at made be N. Y.—V. certain stockholders. Net Corp.—Makes American Title Insurance Co., National Bank of Miami Beach, forming will Pine Street, 20 16, 1962, E. F. Hutton & Co., Inc., 623 South Spring St., Angeles, offered publicly 120,000 shares of this firm's common stock at $8.50 per share. Of the total, 50,000 shares were sold for the company and 70,000 year'.—• Exchange Offer—Pur¬ suant to an April 30, 1962 prospectus, the company is offering to exchange 923,409 shares of its common stock and $4,200,000 of its 6% subordinated sinking fund de¬ bentures due May 15, 1977 for the outstanding stock of primarily Payment Co., Los tional was Trust York Barton Instrument 1934. p. Delaware 10L78%. at 1986 (2377) the Arvida's a 6161 these sales, deficit strengthen with of Number bank to pay loan; non-interest bearing loans; $100,000 to and the balance for general corporate purposes. BUSINESS—The company, of 4301 W. 69th St., Chicago, and its The Commercial and Financial Chronicle.. 6 (2378) uumns and plant at lished a water and $1,124,534 for the first quarter of 1962, a gain of more than 100"% over the same period of 1961 when sales were $551,891, First quarter net earnings for 1962, after taxes, were $39,159 for Clairtone Sound Corp. and Clairtone Sales Limited, and $39,477 for the firm's newly . acquired -subsidiaries, ,► Strathroy Industries, Ltd. and the Middlesex Furniture Co., Ltd. for a total of $78,636. Comparable figures for the first quarter of 1961 are not available. / This pumps. new EFFECT TO PRESENT FINANCING GIVING CAPITALIZATION Outstanding Authorized Bank $4$?''<10 loans——————— payable-——— Common shares (10c par) —V. 195, p. 744. Other notes Stockholders to its of holders . '/y J : The — for additional shares at the rate of two shares for record April 30, 1962, at $28 per share/ Rights will expire May 29, 1962. .../, 7....,;//% W. E. Hutton & Co. and Laird, Bissell & Meeds, New the each five shares held of City/ York joint are • of managers " % ,. United proceeds - the of and $3,154,118 ///' debt:. //' Authorized /'/ / 1,000,000 due July 1, , due Jan. 1, 1975 1979 l.OCO.OOO D. 5 '/4 %, due June 1, 1989 1.000,000 5% %',' due Aug. 1, 1991 1,000,000 Series Series 1, Series May 1, convertible, 1,250,000 1981 due convertible, 4'/r % 1,000,000 Short-term stock: —V. cumulative .'■hares 54/a % class 8,500 shs. class 20,000 pan, C series shares This shares $20 t 15, : $1,000,000 of 183,267 par), this named $3,635,340 be'ow, have 29.3% subject wiping to below, not and the Hutton & Bissell & the ot' shares in sqmpany,. in . the the the exercise under- noted, fit offered a ■ 7/ 20.40 Newburger 20.40 Stein after 100,000 / v- women's non-recurring plant in Clifton privately > 400 Sons___,_ 400 & Co.___. Bros. Leonard Yeatman, Inc! ' Co., 300 Co.__ Moore, Suplee, 1917. p. 450 __ Scribner_ & 690 , Cigar' Corp.—To corporation has called the first year misses' and A to Natural 9% of 200 Lynch—/- & 200 ,;/ Mosley 200 ; ___ Redeem $2.46 sabs number improved attempt to make (here company's rate Mr. Comerford with , for first e that the 0 quarter was in Mr. Comerford be E. H. stated he ' • earnings settled.:.- for the full •'•/./ • •' Ohio, market have area, is being made order i sub- and year of not been encouraging may have to go to the Ohio decision on these rates. He assured a weather, knowing at this time how and when of way v/ill cases Chairman company for effort costs sales. $2.31 to compared t customers.ocold prediction a earnings'/, told that were 'share, a volume and largest mission every no • reported that current regotiations for higher sales rates the other cities: served in northeastern Cleveland system's of industrial was '/','; on May 31, 1962 all of its preferred shares at $100 per .;/ per share.—V. 193, p. 2108.:: Co.—Sales.: Earnings Up—/ I were in Preferred— redemption Gas 1962 increase , larger a because "the to increase tc minimize the need Public the efficiency for rate and Utilities Com- stockholders and - the date, to reduce that operating increases. t Tollefson, President of the company, told stockholders that anticipated sales a increase of 7% over-all for the full 1962, year steady growth in sales 0:1 the order of 3% to 4% for the next He based his prediciton on an estimated gain of about heating customers each year and continued expansion of the system's industrial and wholesale markets.—V. 195, p. 2259. / a five yecrs. ' *_)' :/V:: the for three first months'.was. until March of this year publicly offered at $10 sold for, $200r000 in cash the 6% -'cumulative -preferred of the proceeds is use sale, to properties.,. the, . $63,730, purch.a^( of invests in producing oil ,../':./■/' • - ;■ ,.// /,.■;/ '. ' •, »;■/: /• '• / - //'■:/. .''•/,/'■ 'V restricted, by the terms of Ypjrk City. The . Hvtl'ff '• •' )• ':F ' Crocker-Anglo National connected with Va„ which is were , to New sportswear quarter. Sold JPr,i- a new issue of 20,00.0 .: stock, plus -15,385-.-purchase common stock at $13 per share. The warrants expire April 30, 1977. 1 The purchaser was Manhattan Financial Corp., a sub¬ sidiary of Utilities & Industries Corp. of .425 Park Ave., told stockholders, / ' he said: climbed quarter,, Securities — warrants the first quarter ' March Corp. pany had shares of 367,625 /; Production vately—On May 16^;1962^it;was reported that, this comk( . / knit cotton Chairman, Board the In for at the company's annual meeting quarter ago. not 1962 125,000 A. "/ record-breaking sales in charge owned stock common Co Southwest Kaufman L. stantially De¬ 1G0.C00. " $1,193,500 in. the corresponding. 1961 taxes a was of 5.73 Co & R. First 450 1,100 attributed start-up ex.pense of. a new Forge, scheduled ..to go into operation on July 1, this year. Net income was equal to 17 cents a share on 375,000 chares of common stock outstanding. The company to /: ■:■ %r- Co after subscrip- of //"':-/ /. 1,1C0 & Sons/— * 350,0005. s/• "* /250,CC0 —— %—/._1_ from Walker 450 450 & Deane Joseph 600 Corp.— 35.000 125,000.,-% sales of Putnam Singer, Co._l.___ Ccnso idated and Co by, Inc.—Sales Up 29.3%— income Net respective stock common ior through T/'• /•• •' •• E. from subscribed 1 Laird, coi'.ained condi ions and purchase warrants. // </.• W. terms forth set stockholders ■ the agreement, percentages tioh to 195,' for $100,000 — apparel, attained volume Garrett 1,1C0 & & Amount 100,000 — payable to $1,543,400 Robert 1,100 Inc. Co Anthony >/./Stockholders Is 100,000 Isidor M. Rothschild, annual meeting. Dollar severally Securities outstanding,, unexchanged $5 cumulative share,.plus acci-ued dividends of $0.83Vb . agreed, & Bradford The he shares authorized year, the at 350.000.shs. outstanding UNDERWRITERS—The ' underwriters ■ & Co., Inc.— Whipple & Co.__ 1.109 Corp._ ' ■ McDonnell Bacon, Childs Co.: Consolidated • Outstanding 1—_ of Omitted) 1,700 — C. —V. FINANCING PRESENT TO 1971—- manufacturer casual and 20,000 shs. stock Smithers Day 2259. p. (Jane) $850,000 A, out¬ standing Common & & Co., Consolidated notes agreed of new $2,400 Co Securities Morton S. J. 8,500 par), outstanding cumulative, ($50 195, class and A i$100 A EFFECT — 15, 1970 below have severally 1,700 Tucker, debt: Demand series B, Co._ Webster Weeks H. F. authorized ($1 par ) 1968 15. Due 6§pt. Due June stock: Preferred W. debt: Oct. named names: Securities & Baker, registered subord. notes: Due 250,000 1,000,000 \& American $100,000' shares 100,000 Long-term due 1982 Munk Mr. 32,000 shares 100,000 1,250,000 ■ ■ 250,000 5lAt% 1, GIVING 1961, 30, and $59,917,000 the respective principal amounts their Corp. 1962 shares Nov. Issued 7% 1981. C, April Capital due , 4'/a % B. May - 4>/<?% A, projection this Authorized Common,, class B debentures: fund $3,523,074," of stock: Issued 860,000 of revenues * "was Corp.—Additional Financing 14, May 100,000 1,000,000 Series "Although million. sales Common, class A ($1 par) 980,000 E. Series Sinking $7 Acceptance CAPITALIZATION 809,000 , 4»/8% underwriters company opposite Stone issue reported the offering on May 10, of 80,000 shares of this firm's class A non¬ voting common stock.at $12.50 per share through East¬ ern Investment Corp., Dover, N. H., and associates./Ad¬ ditional financing details follows: • $880,000 $1,100,000 3V?% C, forth set could Capital B. the purchase from the (000's pattern of at least doubling sales volume years."—V..-195, p. 1805. .■■;./%•//-'/ tails—Our operating $9,985,000. Amount the Outstanding Series report, of White, Weld & Kidder, Peabody Clairtone's with Coastal Firsi Series to bohds M. Munk, Peter annual company's the consolidated income in .1963 exceed attained 1961 successive TO PRESENT FINANCING mortgage sinking fund bonds: Series A. 3 V% %, due Jan. 1, 1974 This, $110,245. of 1961 in handle to will 1962 consistent in operating to $$2.14 had total $376,622, equal of income net CAPITALIZATION GIVING EFFECT Long-term for twice, the is companies. company said, expect to reach impetus foruthe we sales ','///'://'•/■//./'/.'///////'/ / share of common stock. per the 1961, year in market President . approximately 3,300 such of out States REVENUES—For revenues from the financing will be loans,v which were incurred , quality net purchase contract, volume of United States business and 1964." This investment pro-vided. the significant sales advance-during the first quarter of 1962. and it is now expected that American sales Will equal or surpass Canadian volume within a year. 1, :.r.i The record sales figure for the first quarter of 1962. is significant, because, on the basis of average of performance in 1960 and 1961,s; less than 14% of the company's annual volume- is, realized in the first three months, with the bulk of sales and profits occurring during the final quarter of the calendar year. Such early. progress indicates " « S. which which is group a - U. deliberately planned used for pay¬ ment of short-term bank in connection with the company's continuing construction program, and to provide funds for future expenditure under the program. The company esti¬ mates that during the five-year period 1962 tarough 1966, approxi¬ mately $5,500,000 will be required for the continuing construction program. • '• ' // / ', ' • ' ' BUSINESS—Headquartered in Norwich, N. Y., the company provides telephone service in substantially all of Chenango County and in por¬ tions of 10 adjacent counties in central New York State. On Dec. 31, 1961, the company served 32,459 stations (telephones in service, in¬ cluding extension telephones). The company is the fourth largest independent telephone company in New York S^ate and 51st in the PROCEEDS—Net Monday, May 21, 1962 . UNDERWRITERS—Subject to the terms and conditions stated in the 1961, Clairtone's had of . 52,362 underwriting the offering. sales reported corporation Ont. its first vear in the United States market, Clairtone's sales came to $970,667, a 400% increase from $223,000 the year before wnen all U. S. sales represented exports from Canada. The prestige hi-fi company's Canadian-^ales in 1961 were $2,552,407, 81% higher than the 1960 figure, $1,403,332. The combined attained sales figure for 1961 was $3,523,074. Net profits in 1961 resulting from the Canadian program came to $125,471. i '' There was an investment of Canadian profits for penetration of ■ subscribe Toronto, During — Rights Of¬ is offering to Corp. company rights to stock, common 4/6,875 shs. 750,000 shs. ... Unadilla Telephone & Chenango fering — subsidiaries consolidated 100% for Qtr.— Clairtone Sound Corp. Ltd.—Sales Up are automobiles parts for clutches tional primarily engaged in rebuilding func¬ trucks, including carbuietois, wat/r brake shoes. The company has recently estab¬ Fort Smith, Ark., for rebuilding carburetors and subsidiaries wholly-owned . i lii si-- it • Bank- (San •, Francisco)—Sec¬ ondary Stock Offering—On May 17, 1962, it was reported that Blyth & Co., New York City, had completed a sec-( 'f, ondary offering of 30,000 shares of this bank's $10 par' capital stock at $53.50 a share. // ' } when 105,000' shares .share. a . Hemphill, Meeds—— Noyes Bache & G, Walker & Co 9 55 Co Mohawk 8.59 _ & Bros. 5.73 Boyce__— Valley said Investing that he on Crowell-Collier Publishing Co.—Acquisition—• ■/// //■::;•' ponding Improvement in net income. Opening of the new Clifton $ Forge plant, which will employ 400 persons,:is expected to enable the company to raise its profit margins.—V/.195; ,p: 1552.; 3 /' .• 4.77 Inc Co., prospects for the balance of 1962, Mr. Rothschild anticipated an increase of 35% , in sales' with a corres¬ Commenting ' H. The & Johnson, Corp. —V. Co 8.59 „. Lane, Lunt D. 3.82 Co.— & 3.82 Co.—— Corp Quarter Ended March operating operating 31— expenses 1962 revenue-; Railway Quincy RR.—Earnings—o —On May 17, 1962 Divine & Fi.shmap, Inc.., Chicago,, and associates offered publicly 120,000 shares of this firm's class A common stock at $6 per share;/ >'•'/%>,; • ■ - 1961 $62,775,108 $59,628,793 : 47,782,336 PROCEEDS—Net Net from railway operations——. —i' $13,139,477 $11,846,457 operating income-3,768,123 3,769,406 p. 1208. / ; , ■/./../' 195, — of earnings 1962 pared $1.03 Zimmer, the per for compared to Normal $2.23 first a after of quarter for March year 31. 1962. the first quarter preferred (dividends, 1961, Earnings owners. $2.50 were com¬ William H. / reported quarterly report to share a ended growth, share, common the subsidiaries and company President, in months 12 the $1.18 were to of per • * general business conditions the first 1962 quarter and the were sub- • main for reasons larger sales and earnings. Mcf gas sales were 12.7% : over the first quarter of 1961 and electric kilowatt-hour sales were up 10.7%. While all categories of sales showed good growth, industrial gas sales increased and 26.6% and industrial electric sales 14.1%,—V. 195, 2253 pp. > 974. The old in company adopted new, a travelogue Net computing films 1960 year Per sales with compared zation less than $0.01 . The amortization new Frederick E. Koehner, in announcing that old all far •>' co-produced will of this with year. be put into How year,while the West This faster as amorti- Cinerama Treasurer in the latter part of - • * ' President ; Nicholas' Reisini been Metro-Goldwyn-Mayer, "The Wonderful domestic Was release Won," the for Camera Photo Corp., Instruments World Inc., of until the Division $590,000 in cash and acquisition covers all second in in August of this Cinerama story-line foreign existing markets starting of Cinerama, Benson-Lehner Inc., has Corp., Los a number W'« of new government contracts of and management staff the com¬ ram, fic;ld instruments Cinerama developments, including: camera and projector system used by Cinerama sLttg W0rid?pX; 6 ,.A ul?iquf'; Pan°i-amic still togiaphv field, to be 11,6 D' S' SCle"Ce Pa,1"°" 0l the camera and viewer for the amateur pho- marketed by Cinerama, Inc.; An advanced Cinerama theatre system whic,h will employ a single camsua and projector where three are now required.—V. 194, p. 2766. and year's V. in /". Service/which Book the •/ Book physical, sociel ' and be included in the purchase. Total . book .' . . club /"■' : , consolidated S3,120,000 ifl 'sales Materials Science 1961.—V. 195, as/part exceeds /.': • Terms Its ' of ; general Materials, Inc., "• subsidiary," was / •//,,/ / " - • . of ./•' Vv - Scientific wholly-owned a, 2259. p. • stock. •, volume Center, of \ . will operate the; book clubs division."i /" Crowell-Collier including enrollment ^ exchange an . . System, Inc. BUSINFSS—The company, of 67-11 Main S'reet, Flush'ng, N. Y., is in the business, of operating a chain of beauty salons directlv or through quarter totaled $128,550,576,- a $2.5 million first quarter net sales of $126,008,092.— 195, p. franchises, 974. Southern & bids & Read for Co. Salomon Ohio Electric the Inc., Brothers & Co. bonds 100.47; & Co.—Bands under Lee Lehman Brothers PROCEEDS—Nat funds, to will be used to pay to acquire Co., to pay and company's redemption sinking Higginson • and Halsey, Corp. 5 and Glore, Forgan & Co. ' the "Cut name for 4!/2% a coupon. financing, together with other"'• all outstanding bank loans; including those certain facilities of Ohio-Midland expenditures in Light connection Curl" & slogan and ~ ' •' * & eisht such wee and in operated "Beauty on ' a bonds are redeemable' at interest Suffolk-end Counties, Nassau Until its destruction by fire operated in intention to Flushing. respectively) Feb. on Queens 11, the in each case, electric areas sale Co., own service in Ohio electric to four and electric to company, residential, comprising service small operate is of portions of furnished own N. Front commercial municipalities their 215 "optional the Columbus, In Ohio-Midland distribution systems, in addition, Light company's, service to do facials Or similar beauty not franchisees ,its provide had rest head the supervisor circulate accommodation and services services,' On March 23, about of and and to which rural cooperative associations-operating in or adjacent to the »erv- company's territory consists of an area in and around of- Columbus with an estimated aggregate population of '1 750,000 and a southern area with an approximate aggregate popula- ' tion of 370,000. ' •. ; " ice the area. .The city 114 which 4 various assistant two among.the salonsi year ended Dec. 31, l'Jol, "the , manicures, as the company and operators and 23 supervisory and man¬ were located at its executive office and the at such 1962 Cut Curl & supervisors salons whose except function for is a to to assure the maintenance of company act as liaison with management and its so as policies and procedures and to improve services to its customers. CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING Authorized indebtedness Sundry Common stock Warrants 195, (10c _/ par,)-.. 5. On May sale 9 of - Steam Devalco Corp. Brothers. assets is The following Turbine, Inc., Turbine owned . .. T company overwhelmingly approved to Devalco Corp., according Stewart, President of DeLavai. investment group headed by Lehman an P. the take to expected continue ■ company scheduled is . .' Co.—Asset Sale Approved— the the James by Devalco and of of by closing .is which Steam Turbine stockholders the announcement an 15,000 wts. . De Laval to 225,000 shs. 15,000 wts. •'•'■■. the $17,020 1,000,000 shs. expiring "1967 p. Outstanding / , to place change its business of the on May name to former 31, De De 1962. - Laval Laval Co. . . REVENUES—For the - efforts to two Power five . directly his open generally whole¬ & area was indicated to re-open proposed provides users has to the company and the company at such location.-Another five franchisees in 1«62. These salons, consistent with the company's trademark slogan "Beauty on a Budget," usually limit them¬ selves to hair cutting, styling,, permanent waving, setting, hair coloring end tinting, on a "no appointment, first come—first served" basis and now —V. industrial counties. 23 to in and St., franchisee-operated.; landlord there and to lease rebuild presently intends are • " ' / . were another salon 1962, County; ^ BUSINESS—The four of which were by the company and two (at Bay Shore and Valley Stream « FEATURES—The salons, operating in Queens and Brooklyn within New York Citv, two in Nassau County and two in Suffolk Coun^v; six of those were directly owned with prices ranging from 109.26/.'to par, and at improvement fund redemption prices receding from 3.01.15%"to" pkr, accrued there 1962 warehouse the in 23, agement personnel, ; < 101.6599 from part future construction program. REDEMPTION plus bid proceeds incurred be Power from came March On Of¬ Hutzler, jointly, 100.349; Dillon, > Co., jointly,. 100.279, and Eastman/; Ohio and 4%s as Dillcn, Union Securities & Co. jointly, 100.141. / and the development significant in advancing scienknowledge. Its research and development people are also responsible photo Stuart the of newly-acquired facility has been responsible for precision - the notes. ^Sn°pnc/f hflhll \Snfh,e craftsmen. ent,lre technical several first the last, 632 Other Brothers starting the subsidiary a prising 60 highly-skilled for the year. Cinerama acquired Angeles, - Cinerama has by company production, of this is expected to be distributed tmc for share a • J earnings. thus income in. October of $0.12 substantially derived from thp travelogue films produced some years ago. earnings will not reflect income from its new story-line quarter Giimnii The $11,000 policy: to ; the ' these . May 17, 1962, White, Weld & Co., New York City, headed an underwriting group which offered $16,- .i 000,000 of this company's first mortgage bonds, 4%% series due May 1/1992, at 101.257% and accrued inter¬ est, to yield 4.3C%. The group won award of the bonds ' at competitive sale on May 16 on a bid of 100.59%: •• / • quick Cinerama Cinerama productions, .This new 1950. initiated was Joined ' The with same amounted share per policy who 1961, third the 1961 • noted compared as upon year newly-adopted lor the old Cinerama travelogue films writes off a very portion of their cost in the 3'/4-year period ending Dec. 31, 1962. live based the the Basic . Science Budg-t." policy substantial In $336,000, and under level members.'. / / ■' > Acquisition will be made through the exchange were not announced. 125,000 publishing * fered—On 1961, earnings for for over p. Columbus . year 194, earnings for the year 1961, had policy in writing off the cost of its the total restated as share its Inventory earnings for policy, amortization V. Report— faster amortization professional The Inc., books; Science, Record, Sales, % • . Cut & Curl,.Inc.—Common Offered—On May 16, 1962, "j, .'//' / M. J. Merritt & Co., Inc:, New York Citv; Allen J.White & Co., Inc., East Providence, R. I.; Suburban Investors Corp., Uniondale, N. Y., and Robert F.- Shaw, Locust Valley, N. Y., offered publicly,/ 75,000 shares- of this Consolidated net income for the first quarter was $7,764,855 compared with $6,025,978 for the corresponding period of 1961, an increase' of 4 firm's common stock at $4 per share. Net proceeds, esti¬ 28%. The current earnings are equivalent to 87 cents per share com¬ mated at $225,000, will be used for advertising, acquisi¬ pared with 68 cents per share (adjusted for stock dividend) earned tion of a beauty school, expalnsion, and equipment. for the first quarter of 1961. Net Inc.—Annual the and of The increase Cinerama, Clut) Book Library company's net sales and profits for the first quarter, of 1962 were,the. highest, for any first quarter in its history, it was announced by William S. Pa ley, Chairman, and Frank Stanton, President. : • ago. improvement in stantially colder weather during Broadcasting History Materials, specializing, in'scientific the Earnings—. for ; share common Columbia clubs will .acquire books. at / ./Estimated the in engaged of Cincinnati Gas & Electric Co,—Earnings Higher— Net will , company. of 1900 North River Rd.„.River Grove, distribution of a wide range of specialty types electric wire and cable and, in the manufacture of insulated wire and cable for electronic and electrical use.—V. 195, p. 400. •/ ' •/ is agreed. to. purchase. Scientific book six % .behavioral .sciences. Two young people's book clubs, the Young Adults'. Division and Junior Scientists Division of the Library of Science, also proceeds BUSINESS—The . 111.; /■' market will be used by the'company1 to purchase ad-ditional.equipment,.purchase the stock of other firms.having similar / operations, and for working capital. .// */ ' ■{. '* ./ */./'." // •/' revenue railway —V. Club,. Natural „ 49,635,631 has company onerafes Crowell-Collier Coleman Cable & Wire Co.—Class A Common Offered Railway Net The which 2.87 ,____ 1655. p. Chicago, Burlington & First & Securities S. 5.73 —— 195, Cabell Branch, First Space company and tfs / Approximately seated in 98%. person, or of by the proxy 373,818 at the scares, outstanding were repre-.1 meeting, and over 96% of the Volume 195 Number 6161 . . The Commercial and Financial Chronicle . (2379) shares voted were approved At in favor proposal a Development Corp to the of change after the transaction. the sale The company's is meeting also the Laval De to name context include consummated. the meeting Mr. Stewart announced that the time for acceptance of the offer to purchase shares at $36- per share issued by the company on April 18; 1962 had been extended to May 25, 1962.—V. 1S5, p. 1922. tracts for Records otherwise, Inc. company, company is real deed, references the to . engaged" in herein company • southeast ' . . ,. presently the both business of buying mortgages and1 home improvement loan thereof at a discount from face value, in making mortgage loans directly to real estate owners, and in makingfrom" the short-term construction Inc,—Exchange Offer— mortgages investments as and collecting to obligations with' the loans the builders of payments acquired are intention and of contractors. and holding interest and the the loans' fronts, Lakes with Tobler con¬ and Lake 1,500-acre a community June-in-Winter offers one waterfront many waterway connecting is offering both home Holding Co., and has the Placid made are to same principal The Placid three sftes the sites two and homes development and not Annual Report—7 . 1962/• Provision vision for Federal amyc&p&diah ':incom>-,tax,'"i»cj;.ea?e.d- to'.^'459j226 tgr oF 1961-, ,R^ym.o'nd K*oontzk .President; quarver ■c> reported. /;.>'/£Phcil3ai-pi:anq. interest on ine oonas are payaoie in Peiushd^4igures|ard,obmptit&cl ohvthe-hasis^ot: City. in -.United States' ;- i >-.» - _ J - •. . currency.*'' for Joss Lake '•% other bids 19(11 h- . v-:' * 5192.014 24.714 • ^-29^-v.*;';2 reserve:.-;-^-:— from- Halsev came 100 06 also for 414s ■> xuu.uu, aiau lur t/4s». - ' . oqtA.-..>-The* bonds, ^eunconditional,*,direct and general obli- i,Di3,560tshares through his underway. well $867,452' 433,304 * ^0-45;share mnp&v^-to $412489,; br s'QAjtoPV Wwe-lor'th^irst;A lake . , Year Ended March 3i< ;"n f;j.' .income Minnesota- and while^ " -Net -ewnlngsibefore los.s .-reserv6:»jr^^ j-. \28, 1962,: fwere- i\x< 4Per:shai^T-:_— " • city and maturity thereon vcnmRan:y the waterways large lakes. -is-'not pblf^ } borders from on .,.w.'!--thkn;''the'"' general' V*V which miles Placid. Placid holders and , Florida, is developing Lake Lake of con¬ estate obligations tracts, Deeca .indicates eqc The' 7 Stuart &' Co ' a'4%% *,8./o Bids for oios ior couoon coupon- a which hid 'came"from came rrom * First Boston Corp,, 108.833; Eastman Dillon, Union Se.curities & Co. Harriman and Ripley Co. & (jointly), to redeem 101.676, and Lehman Brothers and Blyth & Co..(jointly);, beginning .in 10L579. : ' 4 ' '• i equal' amount of "i." r ' "'J: : v.v.,-.; ' accrued interest.;Net proceeds from the financing will be used by the of the community ^ compsny to rcpsy bsnk 103ns snd for construction 'obligated installments ■ .. . * j to May a - ' made—The was .scribed fdr by European and offering American the is fourth investors, have been Corporation V- ■ as een ",the managed •-•♦u-'-' iT j a ,f o for .... . . . - , ' » f other California; cbrpor&tion&.--i,'Tire.soffice- Of-the *2000 Oakdal^/vAve^;. San, Franpisco, Calif. nine ;of located ., . . . and processing mining of iron ore k) the' 'Xro^'-and. steel-industry. . ; f.'llISTbRY4--AND...BUSINESS—The cpmpany'operates'gtsundry department in a discount departmentj ? .store in Concord,-Calif.■ "Seven-of*Ut& nino subsidiaries operate, sundfy,.^• ^ t-v Coal Eurppean ; , . & Steel the electric 294,000 issuance subject The and to Public of secu- the juris- under the Federal Power Act/ service wholly within the State of customers in 100 incorporated cities unincorporated towns and rural com- the. Gulf coast and through the central "ridge" of sector the State,. The ,.- ----- - renders electricity - 'along . Community ...departmehts: in, .otlreif- discomit^depart-m.eiit:stores 'located ^in -vkrious^f was Sestablished',i-ih 1951. by artreaty among Belgium,;-France; West y*'-..»cities-lifnortherii-California.- .One'sutoidiaryc ("Berkeley Specialty'. Sales,1':>'Ger-many,. .Italy,; Luxembourg and the Netherlands. The purpose of the T:-. -a li. compar4y of Railroad -w - ^ sale Florida -••..'.and towns and in excess of 150 munities. The territory comprises approximately 20,600 square miles with a population' of approximately 1,700,000 located in 32 counties moderniza- thernxod^'^izo-tion, ^improvement and enlargement of-installations The *.* . .improvement pf _4aciMtjes ,for the is company ..... . the -th® expansion and - . and the diction of the Federal Power Commission Florida to approximately ^ b0-nds"wil1 ^ used • _,.r ' £ distribution transmission, is subject to regulation by ;rities, sf —u- executive office is located Utilities Commission, including rates,-services and and certain' activities of the company are Lazard e production, .company , ma BUSINESS-The "company,, whose principal Thg \1 . JUS!' £ isg^The TomvknVisPai^ public .and - DbnnM.no . .. t to be made in the United States by the Community. The first m.aderJn 1957. All of Such public Offerings, which were sub^.. one . ' ' - ^ti^ty, Ste#art,- v« ^iousofferings ■Eubanks, Meyerson & C04 San' Francisco, offered'pllb-^ licly450,000 shares. Of this iirm^S Capital- stock at $6 .per .; --• OffQred:-^4. |Sb offering, circular, 1,;. 1962 * t Sundry" Sale's,: Inc.—Capital-Stock Discount Pursuant • more important industries in the territory are citrus packing and canning plants, phosphate mining and processing and lime fock mining. Several areas-are developing as design, engineering, and -.production centers for the electronics, instrument, and'scientific apparatus industries: Other important economic factors are the tourist busi* he raising of; citrus^-fruits, and vegetables,, tobacco- growing, cattle, dairying, iumberlpg," naval stpres, fishipg, sponge fishing, and id;paper mills.—V. 195, p. 1918. ■ . . . ._ -—a -- ;,March 31, ; r.r-- -4. -Ofcbusiness?-; ^ - v--,. ^—.. . ... ?■*,.< Each..*'sundry i,tems thousand of r. in merr - of the United In States. d961t the- .Community . "produced approximately 73,300,000 metric tons with".72,80ofooo tons in 1960 and 63,200,000 tons r;;/-:<",of ste?v "compared department, carries-over.'three that .o — because\the-stoFe. was^ riot-successful, and> is going out 1962 195'9, 1960 ill and -.230,000,000. tons and Under 'has •• 234,900,000 of tons-in the'treaty, establishing the-power collect to levy, a the pn Food Fair PF'nnerfi<»«- * . Tnr Mp,,; .. Prpforrod Tccno properties, inc.—JNew Frelerred Issue UK d un May -11, 1962 stockholders at their annual meeting paved-.the way for a new issue of convertible preferred stock by approving a ?Community the High Authority necessary amendment to the company's certificate of incorporation, the Entemrises of up to"1% of " .lj0uis" totein, chairman of the finance committee, said that the a—company proposes to offer stockholders rights to subscribe for rp/raxi- coal-compared 1959. . ... u with 233,900,000 V* i-" .: t.\ •, tons- ■' r'ii> ; ,• shares •f of ns.y.convertible a share one of record such date to preferred stock,! on a# 10 shares"tit^-corn.. for each stock be determined. /■i" proposed convertible preferred ksue .would: ba-used Company's ..presently outstanding 6 cumulative p referred, purchase up to $6^000,003^; of &'/> <ponvertible debentures , - . pi.; V- V, i .X * -4. /. .t -t-r -*r L v" "" s ; ■ wr -i- . -i- *[■ • ' * *• 4-..K. 1 • --r !■ . . - \ ■ ,WM1 uc*uw.F,;r ..:-,, . • ,■ r f . Amount n ./•;--y-i;>•< .. ..., *•"-.1 Amount (•,;-*<«?•.. y - -1965, - a1^ Corp. - Conversion of Ihe .debenture' 50% >-equity 'in before Aug-;^. afford Food Fair properties about ... wou-ld 1 • ,,.4Majoiy Mr/;1^SteUi registration a said Food.Fair statement on Properties proposed exoects'- soon issue of 4• • to,file preferred new h;-,.-; 2033. :.-r., p. -the a stock, .. '.°4-, «,♦ ' 11,0 tiajo x »..■ v. t'-v" *'■ - jlu.-- nuu-j **, . yu..j Net proceeds Will be used for the repayment of debt, Arnhold"& salaries, investments ,in real. '.estate,', loans, and work-. BacM & ing capital. ;?V";•; V '4 Baker, weeks * BUSINESS—The Corp." under company, organized was laws of the the State "Wyoming as , . loan to Its pursuant money Wyoming Small Loan Act. attempt to meet the credit loans to members of stress to risks. teachers other addition In invested and set Intention of the needs the of educators. and engaging in invest as the professions and to may Is It regulations to in real teaching The the loan estate—V. 193, p. to and to credit the 1336: .: "g 1 on|4 Products Co.—Acquisition— ,• . - . . Dillnn 100 000 Securities & Co , the of name present Ekco-Alcoa formed in was 1955 by Ekco and Alcoa.—V. 195, .. Electric Bond & asset Net March at asset Net value 31, value income a share, a. share, a of the for 1961 the slight for the year-end quarter decrease from period a or of of Electric $34.59 ..." of 1962 earnings year ago. was of Not Bond share, a $187,454,535, or $1,359,298, $1,395,399, included 26 or 27 or in net secu cents the Trust Co., York City, has been of the corporation.—-V. 195, stock common New p. 1806. . 1 1962 8 nro^nertu*; thp rnmnanv nifprpH underwriting 1,$3,000,000 par.itsNet proceeds Will Of 8% SUbordinaUc* due July 1965, at used for the repayment of bank debt, and for .'Net from BUSINESS—The Sept. North, 30, 1960. Minneapolis. construction announced by tbe corof the initial phase of Trumbull Shopping by Thomas Frouge, chairman of the board, The large mortgage commitment was arranged by the Hartford, Conn., office of The Equitable Life Assurance Society. It will cover the development of 496,000 square feet of the,, mammoth shoppingcenter which will ultimately be on 60 acres adjacent to the Merrict Parkway. The building and real estate firm is constructing the project for its own investment account. Upon completion, the overall shopping Park wil1 have 750,000 square ieet of retail store space under one roof, Mr. Fourge pointed out. The first section, covered Max sales Palm investments" enterprises, tional furniture specialty be Corp. We^d~&~Co)I2II White Dean - 'witter Wood, 575)000 575)000 Col— & Gundy Co., & for a The principal department store. third 195, part and store The stores.—V. p. this 40,000 building 639. 175,000 _—i—. Struthers & for first the q"artor like period the over mortgage to commitment, begin feet square will will space be be for affiliated an joccupied to 30 shares common three cents months share per (3.757,650) the by 18 to 20 and royalties for the for like* the first period a quarter cuQl0 c7 70c thrnncfh 31, March 1962 number during such $15,660,497 195, p. Peach, as has a Tobler,. Fla. Small extended the corporation, Business a loan Placid which has Investment of Lakes County, central Florida. whqse series of successful $150,000 its largest Company 1850. number real committed and Development in of developments August includes On FpHprmnn the Offering stock common 9tnn»hill ^/.YOO per snare tnrougn JJeaennan, Rj Pn Oionenill ^O., Additional financing de- up - The names of the underwriters' and the number shares purchased by each aie as iollows. UNDERWRITERS common the com' average were ago.—V. year Additional Financing De- tails follow: climbed 1962 outstanding — 1962 issue reported New York City, and associates. year, ended on May 14, May 11 of 100 000 shares of this firm's . 275,000 Co. of last Gateway Chemicals, Inc. tails—Our on '• profits for the equal $150,000' to Highlands / Life's scheduled 275,000 Co. , net and A Factor rise of 12''e $13,977,344 This Equitable by of 1963. Shares Federman Stonehill Cruttenden, Miller Mitchum, & Podesta Co. & - an in several in & 10,000 5,000 Co Cohu & Stetson Inc. 5,000 Clayton Securities 10,000 Gregory & 10,000 Meslrow & Co Coburn & Middlebrook, Inc. Scbwei^kart & Co.r,—^— —v- 195- P- 226°- 9,000 9,000 & Inc.- Alstyne, Noel & Corp— 2,500 2.500 2,500 Sons. Cppenheimer & Co.—— D. B. Marron & Co., Inc. 2.500 2.000 - General Deveiopm nt The estate Tobler Carreau Winslow, ' Co— Jones Templeton Van of addi- Shores 30,000 - Florida Capital Corp.—Makes New Real Estate Loan— is a Minnesota corporation organized executive offices are located et 430 First Ave., The company also maintains an office in the First company Its National Bank Building, St. Paul, Minn. In December 1961, the company caused EQC Co., Inc., a w..olly-owned subsidiary, to be organized, for the purpose of carrying on business in the State of N^w York. Unlass for was will include three buildings and is ' tional working capital. or. of $1,134,824, class addi- appointed 1547. Loart— i^oan- November, period. This compares with $909,860 or 27 cents a share on the average number of shares (3.431,268)-outstanding for the corresponding period of 1961' adjusted retroactively for a 3-for-2 stock split. mihlinlv debentures be earnings Consolidated Equity Capital Co.—Debentures Offered—Pursuant to Mav fxrifhrvM* without nnHpSa poration pariC) - (Max) Factor & Co.—Net Up 25%, Sales 12%— totaled • Mortease iviorigage been p. operations in occupied by \E. J. Korvette, Inc., a major department store chain. The Korvette 575,000 * operation will involve two buildings, of which 231,000 square feet will Corp Inc. of 988. p. Tucker, Anthony & Co., -Inc on a sales pany reported. : registrar Co. Wood, of a & 257 appointed - • Webster American Receives neceives 575,000 & Barney & Corn torp. 175,0005 _i' , Anoointment . Irving ,275,P.OO Securities 175,000 ^ Inc ' Swiss 175,000 , . Controls ' 575,000 Ripley & Co., Hornblower & Weeks__ 275,000 —V. 195, p. 1917. ' -."1 ' ' I' income 1?5)5o6 v/L'—J4__rr-, 175 000 & Inc. 275 000 tfSe safe'^^Dortf^liolMairities^v*\/5a^D!efl76'a-''nS °f $1'406'8?2 frora ; : p ities. V. 195, p. 9/6. Electronic Smith, stone 187, 275000 Hirsch cents Co. Brothers Shields & Co. Inc 100,000 Hentz'& Co.l_i_____' H Co~ FressDrich Hutzlej- 575,000 Hemphilf~~Noyes~&~C~o~ than share. a & & W 575,000 • stone & 575 000 rSS Salomon ' 275 000 R 575.0CK) - Hayden, Share lower Co 000 mo OOO " L. 175,000 _ & Inc. • and 37c $35.70 -_•— Harriman 2151. p.- ' - stock common $131,623,536, first same , Share Co.—Asset Value Down 3%— the 1962 was at Go. Hallgarten 170,uuu ' r-nrn ?S)000 1 . will be changed to Ekco Containers, Inc. personnel will continue to,run the business. company management Curtis 575 000 ' VstlZoTto Si—II Chicago company and Aluminum Co. of America jointly anthe purchase by Ekco of Alcoa's 50',* interest in Ekco-Alcoa Gairdner & Co. Ino._— Containers, Inc., Wheeling, 111. Ekco-Alcoa is a;leading manufacturer,of ' Glore, Forgan .& Co.__^;;: rigid aluminum foil containers and operates, plants in Wheeling, 111. Goldman; SachsCo.' and Los Angeles. Calif. ( ' f '.Granbery, Marache & The 275,uuu Thomson & Co" Parihac issue.—V. Forst & Sons, Inc.—Appointment— Frouffe nuuge VnVk'-FamVatTc'"" & ' Tininn this Corp. A mortgage commitment of $4,500,000 has been receivd PaYnp'w^hhPr "tarpon I76nnn ' (Alex.) 0 ±ianseauc nounced and rni mpw Fflstman Ekco ^9'non Chemical The First National City Bank. New York City, has registrar for the corporation's common stock,—V. 195, Pierce Model, Roland & Co.__ f. S. Moseley & Go. _ s>ecuriues ^^1 This 575,000 See""Hooker- 275)000 Brothers—— Merrill Lynch 275,uuo ."fJJcL r"duPonr&"cor''" - 27S',000 __/,er}ne£ ® ^ead v- has company IMlllCPrll CO .—New Joint Interest^- o»:... -j : .;4 uph'ii "f™"ph"pim7"r 175,000 & Denton, cia:tk, ^oage & oo. inc. loans good ,. Lehman 100,000. - . , Carl M. Loeb, Rhoades 175,000 & Co.— ~~~r~ 575,000 575,000 ;; McLeod, Young, Weir,/ if'J^nnn r*i to makes be '& co.___h4 u. uauiia.it u „r&^COr—-------i,-^ Lee >Hig|?nson corp'I2 ' 175)000 v C<o Bros. uaucnuuig, ' ' B yth & Qo -A WJ &,®1°ns—— '■ Buins the company also deemed business, in profession company persons forth ± iu,uuw; j ®*"e^rns & Co._ __ £. G. ®ec£er & Co. Inc. Teachers of Wyoming on June 27,, 1958. On v-*" v Jan. 3,' j.959, its title was :chgnged^-.to. the. present name,;; Educators; .Development Corp; The principal.-office and address of the company at the present time is 630 Boyd Building, Cheyenne, Wyo. > The company was organized to generally engage in the loan business and xiax. at its corporation Florida sold communities income after in the Qalp<; worth first TTn P 32 8V , of homes and quarter ot 1962, The total represented a gain the first quarter of 1961. taxes amounted to $1,749,337, a H. A. Yoars reported. sales of $14,582,863 in Net p. $19,371,964 of nomesiies Presideni 32.8 m 20.1'f over increase The Commercial and Financial Chronicle 8 Earnings PC"But against 22 cents in the year-ago share were 27 cents per "In terms 1962 "the duced the for "We said. record."—V. new Great Britain. President of to time controls motors and ^Ether joint company, control equipment for in England at Birmingham makes temperature and process Limited of industry and has factories Stevenage.—V. 195, p. 2034. , all types and • ' „ and subsidaries for and o^her income company sales net both years. Houdaille produces construction Trust Bankers Co., York New year of Co.—Net Down 2%— fractionally down were company fiscal for 1961 the" as leading food retailer rang up the second-best year in its his¬ according to Ralph W. Burger, board chairman and president. In the company's annual report to stockholders Mr. Burger said sales for the 52-week period ended Feb, 24 reached $5,240,315,077, down nation's tory, • approximately one-tenth of 1%, from fiscal 1960's $5,246,578,194. Net income declined slightly more than 2% to $57,4G3;735, or $2.45 a share from 1960's $59,011,670, or $2.51 a share. This was equal to 1.10 cents on each sales dollar compared with 1.12 cents the previous v year. to actual productive operations. of independent public to better relate such expenditures year This made on the recommendation amounted to $293,000 after taxes. deferment, accountants, Earnings from the northern construction business, Mr. Peo said, normally restricted by the adverse effects of cold weather." He said operations, "did not achieve the profit improvement are aiming," but partially offsetting the Florida Florida the target at which we "relatively were managers."—V. our 1553. p. " i' ''' Fire May 1, 1962 BUSINESS—The company was organized Jan. 28, 1960 of Oklahoma. Its offices are located at 610 the State of Oklahoma City. GIVING EFFECT undertook an extensive survey to find a ''soundly conceived promotion that would help us win and hold customers while permitting us to retain our traditional low-price policy." // v_. .V "% %% As a result, he explained, the conclusion was reaShed "that the E. P. MacDonald Co.'s Plaid trading stamp plan offered the greatest value to our customers and, at the same ti'-ne, the most promising opportunity to our sales organization for improvement of A & P's performance." %•■.<.t. The Plaid trading stamp plan was inaugurated last November, too late in the fiscal year for results to be reflected in the sales-profit picture for that year, Mr. Burger said. ' %%'%■' Turning to the company's store expansion program during the past year, he announced that A & P leased and opened 275 new stores, the Authorized another remodeled inadequate total closed and 460 outlets retail 217 that either were 4,409 at 195, Acquisition phone Hardeman, Inc.—Earnings Higher— stockholders eoual 683, In 20 of the the $22,958,000 Mr. the in Hardeman serves the to owns 195, ended backlog, including not approximately for New Estimated Clock Watch & this 2034. p. at Third Inc. Quarter NYSE Listing Record — Earnings— of received ment For of 15, the stock declared dividend payable and July regular 1962, 2, quarterly disbursement stockholders of record to Aldrich The Ralph A. after Hart, the a for income share, period 1961—a third will state in the interim with gain quarter $890,600, of to rose S. approximately share a shares—as in the first and 20%.—V. 195, Orderls the in the Mr. Feb. 1962, 28, previous fiscal equal to 39 $383,400, end of George record fied 90 S. Geneen He share per per in compared the latest 528,840 on share on with fiscal cents same the current electronics the fluctuations of are stated tiscal during year shares was "We have year for the $206,576 with compared outstanding at that nast are the two years longer no anticipated company He added, year. the we that "We have in the principally so fields diversi¬ of ord¬ The dependent ., Conr8'd he fastener 194, N. Mfg. Co., other on for Chairman directors Statler share each than fasteners of five stock of The Hotels Hilton shares owned for the aircraft and a to 44 meetiiig amounted greater cents to number per share 1961—an the first increase quarter from of more 1961 the its 1962, of high, totaling comoared $778,000,000 with $654,000,000 $124,000,000. physical growth and exoansion of the pointing out that in these two years capacity by 20%, through the productive plants, new of rise 1962, and record new a 1961—a underlined both in United the a part of the program' of acquisitions in 1961. uses, and largest Corp., States broadening and abroad. products specialized wire and cable for military remaining interest in American Cable & American-owned manufacturing teleprinters, was curities and Hilton President, Hotels by latter now and merge for telegraph carrier. the Alpina Co. in Germany, switching equipment telephone the and 8, 1962 FPC the notes Co., to The both Chase of Minnesota authorized Manhattan Proceeds struction Manhattan York New and Iowa Bank's from City banks. prime the program, sale Bank and The owns in has Statler announced that Hotels Delaware will Development excess of 76% of the Delaware. Hotels of Statler Hilton common stock Hotels Hotels will Delaware Corp. offered publicly, be issued common in exchange stock other 6% at & guaranteed 96% to guaranteed Inc. and Manufacturers $1,350,000 notes will in bear similar interest Hanover notes at to & : Hallgarten & Co._ Reynolds & Co., Inc.— 290 290 L. 290 Rothschild F. & Co._: Wertheim & Co. Model, Roland & Co Burnham 525 __ Burns Bros. & Denton, Inc. 150 150 150 & 290 200 150 Co.— 525 Harris & Partners Inc.— H. Hentz & Co 525 New 525 Riter Schwabacher 525 Swiss American Fen- Inc Weld & Co.— & Co — Co.— Securities York & Hanseatic Corp. Co. 150 150" ___. & Co._ 150 Corp,.i—— 150 Co., 375 Ltd. 195, 2026. p. Co.—Sales, Earnings Up— Steel Jessop Rackley told shareholders attending. Jessop Steel's Frank B. President its consolidated first quarter of last year. This increase in sales activity resulted in even greater improvement in earnings, Rackley said. Net profit for the quarter was $256,713 on net sales of $9,281,859, annual increased subsidiaries the over for the company and than 22% during the net sales by more that meeting corresponding period equal to earnings of 36 cents per share on 713,502 shares outstanding. This compared with net profit of $97,699 on net sales of $7,582,919, equal to earnings of 14 cents per share on 679,514 shares outstanding for the first quarter of 1961. \ f : • ; ■ ■ ' Green River Steel Corporation, a wholly-owned unconsolidated sub¬ . Owensboro, Ky., showed a 64% improvement in net' sales for the first quarter of 1962 over the corresponding period last year. Green River reported net profit of $213,679 on net sales of $4,743,786 for the three-month period. This compared with a net loss of $172,582 sidiary at net sales of $2,893,435 for the same period last year.—V. 194, the annual consolidated 31, period a of p. 636.' of $1,699,000 to such ago, nonrecurring rate for unsecured borrowings. finance the company's 1962 con¬ cost $10,611,300.—V. 195, p.. 1317, Bank—External Loan Bonds Of¬ the the increased same stock common ended gain. the on the 31, sale The bonds payment are of principal was securities of an no such gain. the loss with cents per share for from operations to nine 1962, period compared as with loss a of sales volume in the 1962 resulting from the Willys major the~ principal factors respon¬ sible for this increased loss. The first quarter 1962 loss was $l,l?5,-000 as compared to $56,000 in the same period a year ago. Willys is currently introducing a new, higher horsepower, six-cylinder engine in its Jeep' commercial vehicle line. first quarter product Both a year ago. increased and development Kairer Engineers dollar Lower expenses were program Division Kaiser and International Engineers experienced profitable operations in the first quarter of 1962. losses from other operations more than offset these profits Division that so period of Henry J. Kaiser Co. operating divisions and subsidiaries resulted in a loss of $8,000. This compares $3,318,000 in the first quarter of 1961 when losses on construction were a major factor. Missile base work is now operations wholly-owned with of loss a missile base 195, p. having projects certain 1317. complete, schedule.—V. been finished ahead of Southern Ry.—Earnings— First Quarter Ended March 31— Railway Net Net operating 195, p. Kansas, expenses from revenue railway —V. operations railway $4,991,005 1,802,706 operating income 866.. " Oklahoma & Gull $4,314,251 1,706,554 ' Ry.—Earnings— First Quarier Ended March 31— 1962 1961 $1,035,001 708,551 $1,263,965 716.417 railway operations———$326,450 55,868 $547,548 Railway operating revenue Railway operating 1961 1^62 $11,261,190 $10,307,926 6,270,185 5,'J93,*375 Railway operating revenue Net Net —L expenses from revenue railway —V. 195, p. operating income— — 866. , Kennecott Copper Corp. Ended Sales and Sales of other March (& Subs.)—Quarterly Report 1962 31— metal and oversubscribed, 1961. products $ 136,347,785 117.653,471 miscellaneous—— 1,645,059 119,298,530 87,638,336 and 1,539,369 137,887,154 interest Dividends, Costs and Cost of 76.312?062 expenses: sold goods Depreciation and retirements general administrative expenses general exploration and prospect¬ and miscellaneous charges—. and interest by represents 5,162,652 4,507,262 4,819,505 4,581,037 Research, S. Net foreign taxes on income income income and —V. 194, p. per 63ft. share 32,437,880 20,309,450 16,277,201 18,707,860 for U. 1,460,289 86.860,650 39,017,310 Provision 1,249,351 98,869,844 ing, unconditionally and 157,025 , income: metals Net which of 1961. to t'->e 1962 first quarter loss was of Willys Motors, lie. compared to same contributing factor loss amounted March for share per significant Corp., Dillon, Read & Co., Inc., New York City, and associates, May 16, 1962, an issue of $17,500,000 bonds, due May 15, 1977, 6.41%. three the whereas the 1962 quarter includes for dividends on the preferred stock, months cents Industries reported months ended Kaiser for with a net loss of $977,000 for the 1961 quarter having benefited, however, compares company three A year a stockholders, of loss This $2,884,000 provision six meeting net 1962. nine help to Co., on to offering, Dominick—290 & 525 Pajibas Corp. —V. 290 Dominick 525 & Smith, Daiwa 375 525 Witter The of 525 Co., Pierce, Lynch, & Co. Inc 525 Co Brothers Securities York, Inc. —— B'ache Arnhold and S. Bleichroder, New , & Peabody White, 375 375 Yamaichi 2__—525 Freres Lehman Co., Ltd. Se- Co.-— Inc. Lazard Securities The Nomura Securities Co., Trust The' Chase Japan. This Union L_ Kidder, omitted) 525 ._ _ Harriman Nikko external loan yield as re¬ Ltd. Securities Sachs & Co. Ripley & Co., Selling Delaware to severally •> $ this commercial estimated Barney have '•.•/'vAmount The Approved— Dubuque, Iowa utility to issue up to $7,000,000 in unsecured promissory notes. The company plans to issue up to $5,650,000 of 360-day unsecured Smith, Statler Hotels & Period May below international acquired of facilities remaining interest was acquired of the Eduard Winkler Co., makers of electronic components, also in Germany. —V. 195, p. 1664. On Inc.—— Dillon, Goldman, and of the enlarge and named than missile Corp.—Proposed Merger— Hotels. of in manufacturers Japan w One in quarter addition, full ownership 1720. Hilton, of systems quarter on in $241,964,362 as five dal€ (000's 700 ——. Eastman fered—The First Boston Ilote's boaid assembly p. °.rp'tt approved an agreement to Hilton stock where products and Hilton into for products and industries.—V. i spending spent new total gales devices defense S. told the annual first the per the considerable time and money engineering and de¬ which are expected to add increasingly to our earnings for the current fiscal year." company makes high strength and close tolerance fastening veloping to set first 37 sinking fund calculated prior to maturity. 525 Co., & Dominion Corp. essentially period to used. U. Blyth The However, peaks. new acquisitions were in the United States—Jennings Radio Manu¬ facturing Corp., makers of vacuum capacitors and switches; Surprenant and fiscal $6,174,834 to share $7,240,210 equal jumped same In the shares, common 423,840 for for Interstate Power Cc.—Note Sale President capabilities and nance $5,721,519, income sales reports moving cents 49 with expanded of noted, services, 1961. Wing, sales for our of cents February comnanv Net year. cents or Calif, highest 1961. also the during to share from operations for level in the company's per the income to of period same will Radio ended of amount same which will be non-callable for v 1,778 Kansas City hand on end have Hi-Shear Corp.—Sales, Net Down for Year— Torrance, adjust¬ year-end , $33,000,000. at $105,- a $1,779 Corp Co., & the to Telegraph Corp.—Earnings also revenues compared the $650,- to the the on omitted) Smith, Barney & Co., Inc. Kuhn, Loeb & Co., Inc new earnings reached net revenues in of underwriters 1,778 dividends and 1317, p. that and that company 746. p. investments from figures for both years include the results 195, 1962 quarter twice to by to % bonds, the issue of Inc.— the 6,026.080 shs. Three the in of benefit 84% .. Boston Read respect stock Geneen, President of the corporation, ITT report or122 $1,071,327, cents 19 or $1.03 companies, and are subject accountants. % purposes, sales stockholders meeting that John G. Martin. Chairman, President, the compared of This with have stockholders Net Dillon, After $0.90 income include Co.—V. quarter law amounted Amount First The same pre- taxes common reported company first by owned 1962 amounted Kaiser Industries Corp.—Reports Loss of 90 Per Share Reach New Highs— construction announced was and Pump limited reserve, wholly 31, date . affiliated independent comparative . is March same economic the 1962 (000'S a 6,249,000 6,036,310 shs. by June 1962. It for Federal foreign audit the have \%;%' ... , March 5,458,000 of figures from and loans. supply to of 31, agreed to purchase from JDB the following respective principal amounts the bonds: a ,.{• At period above March On of r $12,843,000 of com¬ provision and shares of end $208,919,491 On May 3 the Board of Directors of Heublein, Inc., Hartford, Conn., to apply for listing of the company on the New York Stock Exchange and declared a stock dividend of 1% as well as the regular quarterly dividend of 10 cents a share. The concern manufactures, imports and exports fine foods and beverages. Both 1961 $11,335,000 provision share per after dividends Sales Proposed — after $8,181,921—equivalent voted been earned stock The of Ileublein, will in ir incorporated was institution . approximately con¬ facilities. promotion which on the are years, from of 195, issue.—V. com¬ which statutory UNDERWRITERS—The provision ; income %". 1962 before taxes net income H. Name— Co., Tele¬ this 2153, p. for Federal taxes—_ Net the Haven 195, Internationa] Telephone & subsidiary of Universal American Corp., 83% of all outstanding stock of PHI.— Ilaven Industries, Inc.—New at amounted on and Tokyo, the capital, borrowings, Its in for outstanding reserve capital be Co.—Quarterly Report- income net Federal history, See Carolina Western announced was foreign manufacturing, 1924. p. of stock Period Ended March 31 Estimated months. company's $80,000,000 on April 30. is the missile and space Hardeman, Inc. engineering and construction which months four of $973,April 30. the Carolina, in bank's Japan, will bonds power financial development. statutory tire on earnings amounted to $51,148,000 compared with 1961 same said the net of North stations.—V. Ingersoll-Rand animal net earnings totaled $412,548, equal to told stockholders., Contract revenues in year Paul V. 55,000 over Number the at year this amounted had company for share, last Hardeman four months subsidiaries, the reported president and that a period share, a first cents to 46 same cents chairman 76% over meeting by William B. Harrison, President. The Western Carolina Telephone Co. serves over 19,000 telephone stations in North Carolina and Georgia. Independent Telephone's system now . Hardeman, meeting of Corp.—Acquisition— annual mon (Paul) Outstanding 325,000 shs. 600.000 shs. cents-).. 50 Weaverville, Co., pany's feried Paul (par billion $2 ten 1962 1800. p. Independent Telephone company outdated. The resulting increase of 58 stores gave A & P the end of the fiscal period.—V. 194, p. 2551. or of stock Common —V. . a FINANCING PRESENT TO industrial of the electric industry REDEMPTION FEATURES—The Drive, Colcord is principally engaged in the business of writing automobile casualty insurance in the State of Oklahoma. areas.': Burger said its under the laws The company Government $1,142,000,000. Dean offering circular, the company of¬ fered publicly, without underwriting, 125,000 of its 500 par common shares at $1.35 per share. Net proceeds, estimated at $162,500, will be added to its general funds and used for expansion purposes. y competition is recognized as an ever-present factor in retailing," A & P's chairman said, "the situation became extremely acute last year in certain urban areas where new store construction outstripped the population explosion and the normal expansion of Offered nearly the 000,000. Merrill Casualty Co.—Common & "While Mr. 0C0.000; ner Independence CAPITALIZATION food '.residential anticipated business prospects presently good 195, had Government in floated by the bank to make loans private electric power companies thermal of Japanese and market; American of sale headquartered bank, to the successfully used leading Japanese a funds the from and yen to in was 1961. construction CAPITALIZATION—The "are —Via Sales bank the previously has been appointed registrar corporation.—V. 195, p. 639. At antic & Pacific Tea Great maintenance and in the company's northern construction material segments charged against the first quarter had been deferred this and will be charged to operations during the balance of the as issue issue proceeds Japanese the reconstruction City, and B stock of the class A the for and program by Inc.—Appointment— parts automotive repair winter the that out pointed report materials, machinery. and tools situation Gould Properties, 1951 to report a in $106,875 The the quarter ended March 31, 1962 of $3,850,357 and net income of $89 469, equal to 18 cents per share on the common stock outstanding. For' the similar permd in 1961, net sales and other income were $3,372,654 and net income was $52,113, or 10 cents per share. Citing the 14% increase in the sales and an even greater gain in profits, P. B. Williamson, III, President, said: "We are looking for continued improvement for the balance of 1962, although we do not iexpect the high ratio of improvement shown in the first quarter of this year vs. the first quarter of 1961."—V 195, p. 2152. The shows in industrial Earnings Up— Rubber Co.—Sales, Goodall chairman and president, dis¬ stockholders. In the first quarter of 1961 Houdaille reported a loss of $312,902 on sales of $15,589,738. Earnings, after preferred dividend provision, were equal to a loss of 2 cents a share. A year ago, the per-share loss was 28 cents. Per-share figures are based on 1,477,923 shares presently outstanding. Profit before taxes totaled $153,319 compared with a loss of $576,733 a year ago in the first quarter. Provision for preferred dividends was sales closed in Great Britain developed by General Time s Haydon known be first quarter profit of $77,799 Buffalo, N. Y., company had a of $19,815,188, Ralph F. Peo, This on and P. W, Coulling, Time director of Ether Limited, said that the as Ether-Haydon Ltd., will manufacture managing Monday, May 21, 1962 . bond bond currency for long-term Down, Earnings Up— Houdaille Industries, Inc.—Sales ... , General of Hawthorne, J. . in October BUSINESS—The in to joint com¬ Thompson second dollar into Japanese Japan of Affiliate- announced that it is forming a with Ether Limited, a member of the Ether Langham timing oi 2033. p. has corporation group D. 195, Corp.—Forms British General Time pany ne of Chairman first verted of HEF, sole owner has become City, York New the Board and President of Foote. Located adjacent to the Columbus, Miss., plant of Hooker's Eastern Chemical Division, the HEF plant manufactures ammonium perchlorate and other perchlorates, used in solid fuel propellants for rockets and guided missiles. The company will be operated as a wholly-owned subsidiary of Hooker Chemical Corporation.—V. 195, p. 2035. Bliss, G. L. and ^ experienced in the first quarter. However, oui possibly exceed $70 million, thereby setting increases we should leach and The year. of bank's the PROCEEDS—Net Corp.—Acquisition— Chemical company, the New York through acquisition of the 50% interest of Foote Mineral Co. of Philadelphia, Pa. HEF had been jointly owned and operated by both corporations since early 1959. The announcement was made by F. L. Bryant, Hooker President, Yoars Mr. to special held early p. Inc., v™rC „ feel "I This this company has ever pro¬ optimistic about the prospects for the balance of 1962 it would be unreasonable to expect the same kind are another fa more figures were better than first three months of the percentage sales told Yoars Mr. for deduction of a non-recurring loss. of total sales, net income and earnings cents except said standpoint, operating an the 195, Hooker the results were even better than 200 persons at the Eveiglades Hotel here.' He said earnings per share would have been 30 from indicated," than of July.-V. meetings in that the agreement will be submitted stockholders of both corporations to be 1807. expected is It - Development's announced at Geneial Mr. Yoars in the 1961 period, annual meeting. $1,456,650 over . (2380) 16,160,679 $1.69 $1.46 Volume 195 Number 6161 . . The Commercial and Financial Chronicle . properties or in promoting the other activities as herein outlined. The real estate business is by its nature a highly competitive industry, Kerr-McGee Oil Industries, Inc.—Earnings Set Record "Consolidated earnings of Kerr-McGee Oil Industries, for the third fiscal quarter set an all-time high," D. A. McGee, President, announced. therein investment and risks. involves In its purchase pf properties the company Intends to acquire office buildings, shopping centers, apartment buildings, industrial and com¬ mercial property, and special purpose buildings. The company does not plan to acquire undeveloped acreage, except, that the company may engage in construction in which event the company may acquire undeveloped acreage on which the company will erect income produc¬ Consolidated earnings for the three months ended March 31, 1962, higher than those for any previous third quarter in Kerr-McGee's history in spite of gasoline prices which were at the lowest levels in a decade. Third quarter earnings were $4,305,717, as compared with earnings of $4,282,933, for the same quarter of the previous fiscal, year. Earnings per common share for the third fiscal quarter of 68 cents equalled those for the same period of the previous year when, after adjustment for the two-for-one stock split of May 5, 1961, there were 250*469 fewer common shares outstanding.—V. 195, p. 2036. were ing, property. At his time it is impossible to state the company's policy the amount to GIVING EFFECT 1 Mortgages Capital ______ Class A common stock Class B ' '.x Restricted (par 25c). stock (par Authorized common stock obligations Installment obligations other equip. on payable to individuals F. Duncan notes 674,335 12,417 153,500 134,358 8,000 \ notes payable to John and Sarah S. Duncan 6 % tributions of the of shares common through below, June their — : Barret, Fitch, North & Co. Inc.s McDonald-Evans 195, & Co 800,000 shs. Co.—Announces that levels, Monthly Distributions the distribution a 17 xk of will be paid year paid on cents July a 16 to share for the second, '■ dividend policy new a The share. share, a Trustees who look holders share a indicates annual distributions to shareholders slight increase over the prior rate of 70 cents they feel the change would benefit share¬ said to Liberty distributions for monthly income. At the May 15 annual meeting, W. DeVier Pierson, President, an¬ nounced net income for the first quarter on an accrual basis, prior to depreciation and amortization of organizational expense, of $178,053. Operating cash flow 12,000 for book purposes $133,953 was was $113,437 or or 21 cents a share and net income $.1779 a share. Manufacturers Hanover Trust, York New City Plaines, 111., reported first quarter earnings equal to 39V2 cents a share on sales of nine cents a share on sales of $1,132,317 in the like 1961 period, reported Thomas M. Blake, President. Directors of the firm declared a $0.0375 per share dividend, payable Aug. 15, 1962, to holders of record on July 30, 1962. The electronics firm, whose stock was offered to the public for the first time in April of this year, also reported 1961 yearly earnings of $197,630 or 75 cents per share on $5,357,669 sales, This compares with 1960 net earnings of $186,112 or $0,708 per share on sales of $5,711,264. Littelfuse manufactures and sells electrical circuit protection and con¬ trol devices which include electrical fuses, mountings and holders, lowvoltage circuit breakers, relays and switches. The company's total out¬ put goes to electronic, electrical, automotive, original equipment manu¬ facturers and distributors.—V. 195, p. 1808. The has been appointed La Maur Inc. — Common Offered Paine, Webber, Jackson & Curtis, New York City, and associates offered publicly, 100,000 shares of this firm's common stock at $14.50 per share. Of the total, 100,000 shares were sold for the company and 40,000 for Maurice L. Spiegel, President. Net proceeds, estimated at $773,300, will be used by the company for the repayment of debt, purchase of additional -equipment, research and test marketing of new products, and for working capital. is the and retail GIVING it EFFECT Authorized stock Common (10c underwriters UNDERWRITERS—The 360,000 shs. named below have The tended The severally holder and conditions of the underwriting agree¬ the selling stockholder to purchase from the company and the selling stockholder in the respective per¬ centages set forth below, the 100,000 shares of common stock offered agreed, subject to the terms with ment the company Dempsey-Tegeler & & & 9 6 6 Co Schwabacher & Co Craig-Hallum, Kinnard, Woodard-Elwood & Co The of Co., Co., Inc. Inc. Inc. May 17. of fractional lieu based It the on 18, May value noted was voted was at 1962, of the scock on May 17, 12 per an partnerships. company Offer—Class A Com¬ April 9, 1962 prospectus the shares of its class interests of part¬ The exchange offer expired also offered publicly, common without under¬ stock at $5 per of debt, proceeds will be used by the company and additional working capital. for the Inc. was a change approved of Mansfield Industries in name May 14 at special meeting a Inc. to of Mansfield new name is effective immediately, it corporation was organized under the laws of the on Nov. 6, 1961. The principal executive offices of located at 41 East 42nd St., New York 17, N. Y. Messrs. I. Theodore Leader and Joseph Durst conceived the plan for the formation of the company in order to take advantage of their Delaware company ranging prices in are the real estate field and to expand their activities in the form of a real estate corporation having diversified activities in the areas in which they are now engaged. Upon consummation of the transactions contemplated, the company will either own a substantial number of income producing properties or interests therein which currently provide a cash flow for distribution to stockholders after payment of overhead expenses and mortgage amortization. In ad¬ dition, the company proposes to acquire additional income producing properties from time to time if available to engage as a principal in other phases of the real estate business, wherever advantageous, both in the United States and if the opportunity arises, in foreign coun¬ tries. The company does not intend to invest in real estate mortgages as such, except as such mortgages may be incidental to the purchase of income producing properties. The company has no present policy regarding investment in the securities of others except, in connection with the acquisition of partnership- interests pursuant to the exchange offer herein described. The company may however purchase the se¬ curities of other real estate companies in order to acquire underlying assets or properties. The company has no present intention to invest in the bonds or preferred stocks of any other industry group. The company may enter into joint ventures with other persons on firms -in the pursuit of its general policy of acquiring, income producing Marsh & McLennan, experience in Inc.—Earnings Higher— This Chicago firm reports for the three months ended March 31, 1962, net income of $2,811,056 before Federal taxes compared with $2,077,291 in the same period a year ago. After provisions for Federal income taxes, net earnings for the comparable periods were $1,420,950 and $1,081,200. Based on 2,502,455 shares outstanding, per share earnings for the first quarters of these two years amounted to 57 cents in 1962 and 43 cents in 1961.—V. 195, p. 1429. of the proceeds each receding bonds will added to be redeemable are treasury at general from 106.49% to 100%; and at special from 101.87% to 100%, plus accrued case. BUSINESS—The company of 626 East Wisconsin Ave., Milwaukee, business for over 110 years, and is the largest gas dis¬ Wisconsin, where all of its business is conducted. The company sells natural gas to approximately 292,600 customers in more has been in tributor than in cities 65 The communities and in central eastern and Wisconsin. service territory includes a metropolitan area consisting of approximately 40 neighboring communities with an estimated population of 1,100,000 together with approximately 25 communities located outside the Milwaukee metropolitan area having an estimated population of 110,000. In addition, the company serves an estimated 1,650 customers in two communities from local propaneair gas plants. Milwaukee March and and 31, net 1962, income company of the basis, had for the operating 12 months of revenues purchasers below named the the company bonds: new have following severally agreed respective principal Amount Halsey, Stuart Amount Co. & The Milwaukee Co Inc. $3,000,000 Allison-Williams Blair & Co. Co Mullaney, Wells New 600,000 Corp. Paine, Webber, Jackson 500,000 Courts 400,000 Co York & Hanseatic 1,000,000 Wm. Francis I. 1,000,000 300,000 1,000,000 Raffensperger, duPont & Co. & Co & 400,000 L. Ladenburg, Thalmann & & McMaster 1,000,000 200,000 Inc Co. 195, p. Co., —. Inc 200,000 , Rothschild F. Brothers Co._ & & Nicolaus Co. & 1,000,000 400,000 Co., 200,000 Walter Stokes Thomas 1802. 500,000 Hughes Inc. 300,000 —V. Co., Stifel, Hutchinson & Co. & ___ Stern Co. Loewi Pollock E. Inc. Hemphill, Noyes & Co.__ 1,000,000 300,000 Curtis— Dick &• Merle-Smith Freeman $400,000 200,000 & Co.__ 100,000 Inc William Blair & Co & ended $55,309,402 $4,743,300. from purchase amounts unaudited an the of PURCHASERS—The to Weeden & & Co. 100,000 300,000 600,000 Co & Co. Inc Minnesota Mining & Mfg. Co.—Record Sales, Earns.— Record first quarter sales and earnings were reported to stockholders of the company. Herbert P. Buetow, President, reported that first quarter sales in¬ by more than $20,000,000, or 15% over the same period of last First quarter 1962 sales were $161,685,673, compared with $140,- creased year. 959,527 for the same period last year. Earnings increased at the same 15% rate, Mr. Buetow said, climbing $2,400,000. Earnings for the first three months of $18,974,652, or $0.37 per share, compared with earnings $16,541,010, or $0.32 per share, for the same period last year. than more 1962 were Mr. Buetown , in the noted first that half nearly quarter of 1962 Monogram Precision of was by 3M five years ago.—V. the 15% accounted 195, Industries, p. sales for by increase products 1210. Inc.—Merger Effec¬ tive—Nine Months' Net Up— Merger has of ElectroVision Corp. into Monogram Precision Industries, been formally completed, Martin Stone, President, announced 1962 in a letter to shareholders. Mr. Stone also reported for the nine-months ended March 31, 1962, Monogram had earnings of $12,316, or one cent per share (1,298,827 shares outstanding) on sales of $4,161,076, compared to a loss of $414,510 from sales of $4,287,647 for the same period last year. (The loss for the first three quarters in 1961 equalled 32 cents per share on 1,291,476 shares outstanding.) He said the financial health of Monogram has been restored since the new management took over May 15, operation of excess was Stock BUSINESS—The of 1664. Manufacturers National Bank PROCEEDS—Net State p. of Detroit — Secondary Offering—On May 17, 1962, First of Michigan Corp., Buhl Bldg., Detroit, reported that it had completed a secondary offering of 9,680 shares of this bank's com¬ mon capital stock at $50 per share. share. the Dykstra.—V. 195, announced by Herbert R. Leopold. President. The company will be listed as Argus Inc. on the American Stock Exchange, where it has been listed as Mansfield Industries Inc., since 1961. Company headquarters are in Chicago. Stockholders also approved the agreement under which Mansfield had acquired the Argus Camera Division of Sylvania Electric Products Inc. Argus Camera headquarters are in Ann Arbor, Mich. A contract for the acquisition was signed last March 1 and the agreement announced at that time in a joint statement by Gene K. Beare, President of Sylvania, a subsidiary of General Telephone & Electronics Corp., New York, and Leopold. Argus and Mansfield product lines include a complete range of photographic equipment including 8mm motion picture cameras and projectors, 35mm still cameras, reflex cameras, slide projectors, lenses and other equipment.—V. 194, p. 2335. 1^5, p. 1554. writing, 800,000 shares of its repayment interest balance FEATURES—The prices achieved The April 27. The substantial improvement in sales for a stockholders. share of record payable June 1, 1962. This dividend is payable on the company offered to exchange 1,372,724 A common stock for the outstanding in redemption redemption not marketed Argus 1962. a regular cash dividend of 12 Vz cents previous directors meeting to stockholders Sold—Pursuant to ners has reported Mansfield Industries Inc.—Name Change Approved— stockholders will receive cash equivalent Leader-Durst Corp.—Exchange mon The REDEMPTION first Authorization of shares that a stock.—V. new tion program. funds. the to Mr. 1962, a six-for-five stock split was voted by stockholders the company who will receive one share for each five shares held of May 7, In company Improved Sales, Earns.— quarter of 1962, amounting to $61,989,820 versus $55,273,725 period ended March 31, 1961. In the company's interim report to stockholders, Nicholas Dykstra, President, said that earnings for the first quarter "continued to be penalized by the after effects of the strike at Allentown and breakingin charges at Hagerstown. Nevertheless, net income was $1,544,425 or 50 cents per common share, versus $1,494,274 or 48 cents a year ago." At Hagerstown, where Macks' new engine and transmission plant was relocated late last year, training of employees, alignment of ma¬ chinery, and other start-up activities have proceeded in an orderly manner, permitting increased production month by month, according (M. H.) Lamston, Inc.—Stock Split Approved— record PROCEEDS—Net proceeds from the financing, together with other funds, will be used to discharge short-term bank loans incurred as temporary financing in connection with the company's 1961 construc¬ share. City, will form and act as manager of a of dealers which will solicit exchanges. exchange offer will expire on June 18, 1962 but may be ex¬ to not later than July 31, 1962. 1 offer is conditioned upon, among other things, acceptance by of at least 80% of Decca shares.—V. 195, p. 1925. — and for 6 3 3 Sc Loewi & 9 Co Reynolds & Co., Inc.— Bateman, Eichler & Co H. M. Byllesby & Co. (Inc.) —V. 195, p. 1548. On a Mack Trucks, Inc.—Reports 6 6 6 6 Kalman 25 Allyn Bache Co. Inc Piper, Jaffray & Hop wood— & Curtis C. Gas Light Co. Co. the 9 Jackson Webber, Paine, $32 Fla.)—Ex¬ issue. were: Kidder, Peabody associates, 100.929; and Kuhn, Loeb & Co.Blyth & Co. (jointly), 100.669, both for 4%s. Co. by % % A. to and the aggregate. by them in entitled is group Outstanding 1,000,000 shs. par) company Lehman Brothers, New York FINANCING PRESENT TO Exchange Offer for Decca Records— is making an exchange offer to holders of all of the outstanding shares of Decca Records Inc. capital stock. Under the offer, each share of Decca is exchangeable for one share of new MCA convertible voting preferred stock, $1.50 annual dividend cumulative, plus one-third of a share of MCA common stock. The preferred stock is convertible at any time into one-half share of MGA common stock and is not callable before Jan. 1, 1966. On liquidation or redemption The trade. consumer CAPITALIZATION or MCA Inc.—Makes Minnesota a Des (Miami Beach, The other two bids at the sale & $103,932, from $23,621 this Corp., The Illinois Co. Inc.__ corporation organized in 1936, with executive offices and manufacturing facilities located at 110 N. Fifth Street. The company was formed to acquire an existing busi¬ ness then individually owned and operated by Maurice L. Spiegel, President. Since its inception, the company has been primarily engaged in the manufacture and distribution of hair preparations, cosmetics, and other toiletries for women, both for professional beauty shops Maur record a $1,756,936, On May 15, 1962, — of company, to rose transfer agent for the common stock of the corporation.—V. 195, p. 1548. BUSINESS—La Financial REVENUES—On Littelfuse, Inc.—Quarterly Sales, Earnings at Record— Kinney Service Corp.—Appointment— « National Bank — Bonds Offered Halsey, Inc., New York City, was manager of an underwriting group which on May 16 offered $15,000,000 Milwaukee Gas Light first mortgage bonds, 4%% series due May 15, 1987, at 101.864% and accrued interest, to yield 4.50%. The group won award of the bonds at com¬ petitive sale May 15 on a bid of 101.06%. 2262. p. Atico See shareholders of record ... cents 72 cents 17 a 20,000 —— 800,000 shs. $200,000 29. The a 148,000 80,000 50,000 20,000 Parker, Eisen, Waeckerle, Adams & Purcell, Inc —V. at Florida. of — (par 25 cents) 2,294,724 shs. $1,147,312 distribution for the first quarter of 1962. This was the Trust's first quarter of operations and the distribution was declared only two months after Liberty took title to approximately $11,500,000 worth of income-producing real estate in stock: : ' that, based Trust would begin paying monthly dis¬ 6 cents a share starting in July. The announcement the first annual shareholders meeting here. They also quarter of this Shares George K. Baum & Co B. C. Christopher & Co Midland Securities Co., Inc of announced 126,000 named Trust income made was representative, George K. Baum & Company, have severally agreed, subject to the terms and conditions contained in the underwriting agreement, to purchase from the company the following respective numbers current Liberty underwriters UNDERWRITERS—'The Liberty on 457,427 12,417 153,500 134,358 83,000 $14,356,578 The trustees of Liberty Real Estate Trust have announced bowling on mtge. notes on real estate___—.—_ Subordinated conv. note- 6% 1 $200,000 363,000 shs. 341,930 shs. $98,828 $98,828 :— equipment 5% , 7,500,000 shs. (par 50 cents) Outstanding . 1,658,070 shs. 341,930 shs. —— 25c) com. Short-term commercial loans Installment TO PRESENT FINANCING GIVING EFFECT Mercantile change Offer— Stuart & . Stock: $3,750,000 CAPITALIZATION business. Milwaukee FINANCING Outstanding Debt: follow: 5% PRESENT TO Authorized May 14, 1962 issue reported the sale on May 10 of 330,000 shares of this firm's common stock at $2 per share through George K. Baum & Co., Kansas City, Mo., and associates. Additional financing details Common stock as Ballantine's in Red Bank, N. J. There is also a distribution company known as Berston House at 230 Fifth Ave., engaged in wholesale business to fine retailers across the country of the many exclusive patterns of fine china, glassware and silver acquired by Plummer over the 70 years they have been in or King Louie Rowling Corp.—Additional Financing De¬ tails—Our 9 Eastchester, and the other known percentage of assets which will be invested in any specific property. The company was organized November 1961, and has no past history as to policy. as CAPITALIZATION 1 (2381) The a year $100,000 ago a shareholders at a time when the company was losing in month. were advised that two large loss contracts have adverse effect on the company's earnings for the past 18 months, but that these contracts will be completed in May. Mr. Stone stated, "The elimination of these loss contracts should result in a substantial improvement in earnings in future periods." Exchange of the ElectroVision stock for Monogram will result in one share of Monogram for each 1% shares of ElectroVision. This will increase Monogram's outstanding stock to approximately 3,000,000 shares to be held by over 10,000 stockholders in all 50 states. It is traded on the American and Pacific Coast stock exchanges.—V. 194, had p. an 2769. Motorola, Inc.—Earnings Up 200%— First quarter earnings three times greater than in 1961 were re¬ ported by the company on the largest sales volume ever experienced for the period. Earnings for the period were $2,455,944, or 61 cents per share, compared with $802,977, or 20 cents per share in the first quarter of 1961. First quarter sales and other revenue were $77,017,162, some 27 % above the previous high of $60,418,737 in the same quarter of 1961.—V. 195, p. 1554. Motor Travel Services, Inc.—Acquisition— Purchase of substantially all the assets of International Patent & Development, Inc. was announced by Elliott B. Hoffman, Board Chair¬ man of Motor Travel Services, Inc. Both firms are based in Minneap¬ olis. Included in the assets transferred to MTS were $30,000 in cash, patent and sales rights to two newly designed comparison freight rate guides and all furniture, fixtures and equipment of International Patent. Rights to several other products for use by restaurants and motels also part of the acquisition. Ralph Stillman, President of Inter¬ Patent, and Alphonse Cote, designer of the rate guides, will move to administrative positions with MTS. were Masco First trar for Corp.—Appointment— national National City Bank, New York City, has been appointed regis¬ the common stock of the corporation.—V. 195, p. 2254. International Patent was formed in 1961 and has been acquiring patent rights for developing and marketing of specialized products. McCutcheon's—President Acquires Plummer, Ltd.— On May 16, 1962 it was reported that Samuel Wechsler, President of McCutcheon's, a privately owned department store, located at 16 E. 52nd St., New York City, had acquired Plummer, Ltd., of 3 East 57th St., New York City. acquisition includes, in addition to the New York shop, suburban stores, one at the Lord & Taylor Shopping Center in The Plummer , two Mr; Hoffman said that International Patent received 5,323 shares of MTS stock, priced at $7.75 per share, in payment for the assets. With the Issuance of the new stock, Motor Travel Services now has 579,073 shares outstanding. MTS recently announced gross sales of $510,822 with earnings of $84,256, after provision for taxes, for the 7-month period ended March 31, 1962. This was equivalent to 15c per share, a 50% increase over earnings for the entire previous fiscal year.—V. 193, p. 2111. 10 The Commercial and Financial Chronicle (2382) Corp.—Partial Redemption— Research National corporation has Boston. ' Debentures into 2962 43.243 National 193, March < 1452. p. Starch ' Corp. N. , Y., smallest company County Light & and its subsidiaries, Rockland Electrie Power Co., reported record first quarter 1962 gain a announced the formation of a new company in Lille, France, as a joint venture with Roquette Freres of Lille, a major producer of starch products. , The new company will be known as Roquette-National. Chimie. It ■will produce and market specialty starches, giving National a position to profit further from the application of its know-how, research, patents, and processes in Europe. / \ Roquette-National Chimie operations will include wet converting, dextrinizing, drum drying, and other converting activities. Location of the new company will be on Roquette Freres' Lille property near J he Belgian border.—V. 195, p. 980. !Y.: Financing Arranged—On Carp.—Private Nautec Commercial" Bank appointed issuance of thus avoids May • nancing Planned— income ' taxes el). May i A. real The • #. . 1962 $3,787,382 2,680,943 ____. revenue from railway operations railway operating income————— ♦Deficit.—V. 195, its present activity. The company, which is diversified construction, electronics and securities underwriting, in 1959. to change was effected through a stockholder-approved merger At outstanding/ totaled loans-and discounts 1962, < into a newly organized subsidiary, Haven Indus¬ At the same time, this transferred the com¬ i the parent company Inc., April on the also home of base Haven its Inc., Securities, :: iary.—V. 195, p. 2078. underwriting v-.vu • agent V. for 195, York City, has been cumulative preferred stock of Co., 4% the 2305. p. subsid¬ Net t ! ' at 1961.—V. Period Ended March 31 ' • ' ' sales—aU—_—___ the 195, "date same 1099. p. provision for income Net income. Per share shs. par —V. Schroder . for the Trust Co., corporation's ' ■■■' ■■■■' .. Norfolk First class (based V, Southern 195, and year of $2,190,250 $2,267,8/2 1,948,527 2,030,125 $241,723 $237,707 34,385 revenue "34,598 expenses..-...--——___. railway from operations railway operating ___. lncome___—i_-._-._i. 894,000 195, 910. p. • - income an > loss mailed V tr" » to 745. p. first quarter R-. • in $6,352,000 First Quarter Ended Ry.—Earnings— March 31— !r.__ ___ Paiker . 1962 1961 $63,693,026 $55,599,433 - Railway operating revenue Railway operating expenses— Daniftl 35,567,559 Co.—Earnings Up 30%— the P«-n year $22,338,953 Sales 5% were President above the of previous year 30%. Net revenue from railway 3Set 195, , operating income 14,999,170 _______ .___ 13,241,176 9T0. p. Total world $44,300,000 Northern Pacific First Quarter Ended Hallway operating Hallway operating Net Ry.—EarningsMarch the 1961 of railway operations. deficit— Net railway operating —V. 195, p. 910. $1,009,039 1,376,610 . of Parker . . Co., • , • ... has 28, 1962. approximately or increased from \'. 2271, p. ' '> > $43,000,000 This sales the department store chain, totaling $333,783,891. first quarter sales has represents $291,843,014 breaking/first quarter increase an for 1961. The of 14.4% quarter Northwestern Pacific First Quarter Ended Railway Railway Net Net He expenses 195, p. $2,654,588 1,422,162 $1,205,685 $916,032 214,587 railway operations——— operating income—— also set a new record rising 24.4% over last year. April sales was attributed in part to Easter buying. As of April 30 Penney's reported 1,689 stores in operation. During the first quarter, four new stores were opened and one small store was volume $2,338,194 1,448,903 from 92,191 .••*"- 980. .closed. At The Above W. record sales reported sales reported Net totaled for the Income $11,877,842, first for quarter the First of period 6.9% a increase the over cents Mr. in Bengert been affected larger first the said by change of the an balance even be of for $1,538,021 In reversed in the the taxes, as operating Oil While allocation This year. of * ahead."—V. 195, we This p. done to believe trend has accomplish will in result profits for any first first quarter quarter of revenues, of 1962 in ! a in a Net new period last year, J. C. £>onnell, II, President, announced. Earnings for the quarter amounted to 57 cents per share on 14,262,000 shares outstanding in 1962 and 75 cents on 13,927,414 shares In 195, For Refined 1961 product initial sales of 11,130,000 quarter more natural gas advanced Mr. Donnell noted.—V. by liquids 195, p. than barrels 19%, by 1926. and exceeded production 1.4%, totaling those of of crude 10,927,000 40,308,021 *4,675,088 March " 31— from ' r" . : • 19,946,644 7 dollar sales, • the - oil 1962 operations—_____ deficit : —• in shares the in that a of the - present Herbert L. • March 31, 1962, $1,135,000, of s or outstanding. This, he said, net loss of $1,718,000 before same at the quarter the previous year. present time the company against' future forwards carry lo net a earnings Of ; two Northern & Ry.—Earnings—'7 X." 195, ! expenses__ : - 1961 $1,362,333 $1,465,892 revenue -774,101 from 911. p. 7; ; 1962 757,268 • . $691,791 $605,065 177,424 141,726 • 1962 was Gas income net Co.—Quarterly Report— of the company for $1,986,936, equal to 56 cents per the first share on ' • three months 3,562,554 shares on March 31, C. I. Wall, President, reported. corresponding period of 1961, net income was $1,950,258 56 cents per share on 3,464,899 shares on March 31, 1961. the or Operating revenues for the latest quarter were $11,698,692 compared with $10,763,149 for the 1961 period.—V. 195, p. 260. 7 / Pioneer Plastics Corp.—Sales Arnold Aron to Nearly Double— first quarter sales $4,850,000, months months Mr. of of told stockholders at the company's annual for the period ending April 30 jumped $2,452,000 last year. "Our first quarter sales, which are nearly double those of the ifirst quarter of last year, actually exceeded the gross sales for the first six meeting that compared last year,'; with said Mr., Arop., Gross for sales the first six last Aron year amounted to $4,406,000. attributed the sharp increase in sales to number of distributors now handling the firm's plastics. More than 60 distributors now carry the pared with less than 40 last year.—V. 195, p. 2196. Increase Pionite Pionite in the laminated line, com¬ set company, net 1962, profit the first 1961 per share business for sales, in year Barnet rentals, service first three months the machines company reported. to Wheeler, Jr., chairman, attributed the first-quarter results a high level of sales which reached a new monthly in March. well ahead New of business in the second 1961, he said—V. 195, p. quarter is continuing to 911. Pittsburgh & Lake Erie RR.—Earnings— 2,447,374 1,214,162 and quarter. Walter H. $i,490,785 $956,589 first-quarter records earnings meter Income from all sources was $20,629,798, up 17% from the $17,648,139 reported for the first 1961 period. Net earnings rose 10% to $1,540,535, or 35 cents a share, against $1,403,130, or 32 cents a share, in 1961"s run $547,069 new and postage 1.601 305 First Quarter Ended March 31— Railway operating Railway operating 1961 $7,638,004 $5,332,775 expenses 8,421,452 7,230,483 $783,448 $1,897,708 2,095,875 " Pepsi-Cola $577,534 deficit from railway operations-, railway operating income-. —V. ease sales, 195, p. 911. Pittsburgh & West Virginia Ry.—Earnings— similar periods in the the annual meet- First Quarter Ended March 31— told l" Railway operating revenue, ■ all provision for taxes and reserve for foreign amoqnted .to $2,602,000 as compared with $2,448,000 for the period of last year. This is 40 cents per .share of stock out¬ " 1962 revenue_. Railway operating ' '1962 1961 $1,789,012 1,537,996 $1,375,153 $251,016 *$201,667 112,247 expenses *345,992 1,576,820 I activities standing I. credit loss stockholders that of end;d mee:ing quarter and Quarter— for Net and net Income broke all records for after first resulted • that ' 2,265,194 railway company's history. President ing of stockholders, ,> same barrels. • . annual the the and $9,816,000 back tax revenue primarily ' $l,718,i25 — expenses— quarter making $203,000,000. outstanding 911. first share per . 1,083,758 of Pioneer Natural *13,436,736 7 . revenue.^ operating p. the Income and .1706. told for the on carry Consolidated of Net ..... r 167,655,083 Pepsi-Cola Co.—Record Sales, Earnings— history the company's net income for the $8,186,000 compared with $10,493,000 in the • 187,601,727 173,914,176 high similar 2961. deficit railway —V. record Quarter Ended Railway operating Railway operating 642. reached p. $33 approximately railway operations railway operating income 1 Net of ——214,222,197 will its was Net income, $ . Pennsylvania-Reading Seashore Lines—Earnings— First Up, Net Down— $94,791,000 196, sales Railway operating Railway operating peak been tax said The 1961 $ revenue from railway operations railway operating income Deficit.—V. about to shares Corp.—Shows Loss sales Piedmont . Net Net the . Pitney-Bowes, Inc.—Sales, Net Set Records—' . expenses comparatively, have advertising, where a investment was which operation. Co.—Revenues total ; 1962 revenue— operating of . First Quarter Ended March 31— 1,700 stores were 7 ■ com¬ Net Ohio there Quartet Ended March 31— Railway after quarter, promotional weight year's months first the annual advertising profitable more ; . in 1961 figures do not include sales of General Merchandise Co. of Mil¬ Penney's recently acquired mail-order subsidiary.—V. 195, Railway 1961. of placed in the first quarter of the better ' quarter - 1961. reached quarter "Profits a proportion first .'7 $11,115,944 pared with $1,568,192 for the 1961 period. The quarter's earnings were equal to 39.3 cents per share on the common shares outstanding at the end of the period; 3.3% less than the per share net income of •30.6 the Pennsylvania RR.—Earnings— for the first quarter of 1962, to shareholders at the Annual Meeting. Net of refcofrd''May 29. . Co.—Sales Up 6.9%— President, Bengert, end 1596. p. announced company George the in operation. • waukee, Norwich Pharmacal jumped 16.1% over the same two-month period reaching-an all-time .high of $251,773,067. April sales of $130.- 1961 be five equipment failures which forced a shutdown of the v.i60-inch mill- at Claymont for over four weeks el'mi/ated any chance 01' pro.itable operation in the first quarter.—V. 195, p. 1852, < ,, • over 524,226 1961 1962 revenue operating revenue in March 31— operating railway —V. RR.—Earnings— per to each .. Sisto told the stockholders President sales guilders for share Sul^crjption PjdpeJ \vi„i:. bj?M set on J^y 28, at" that time- Currently/ the subscription . $12,578,000 with $5,500,000. ended April 30. March-April 7 stock¬ shares ccmmon new one preferredrsharesiikeld is equivalent Chairman, net available For ■- • reported record This of per Federal to (J. C.) Penney Co.—Reports Record Sales Quarter— $2,424,797 921,201 Netherlands 6,153,140 of informed $1.62 continuing the company's position of leadership instrument industry. This figure includes by licensees, not consolidated in the firm's annual sales Steel Sisto, compares $1.24 per share, for fiscal 1961. products A. —V. $1,481,708, were exhaust to ,7' ; company 118.75 of basis the value " 2079. share year, 194, , Privately rate guilders 118.75 195, $1.05 • reported , ended or of exchange to the handwriting in report.—V. $37,020,472 $37,083,444 ,36,011,433 34,658,647 expenses sales this world $1,842,000 1962 31— revenue. from revenue in owners; tf ; Rights Plan— on the 17 of offering on participating amounted ended Feb. and profits rose . Earnings for the fiscal year' just per share, compared with $1,135,703, ■ railway —V. operations-- - Parker 33,260,480 $28,125,467 ____ Pen Parker, Sold sufficient amount an May - ; increases in sales and earnings for the fiscal co price a expire June 22. U,: S. dollar the consolidated stock¬ to 15 or will Mr'. 7 compared .corresponding quarter of 1961.—V. 194, Western & Corp.—Notes 2039, dated set proposed Phoenix <,s Norfolk share .}•■■■ , 1■.' notice had it p. ... the V. $4,651,000 was in $98,490,000 .' •' ' taxes told ». • to the over, . after McKeen Mr. . - subscription 1.66 statement ; / ■ the. total ' : . due Jan; 1, A, —V. 951,744 0.78 . .. 10.5%, .increase a last year, Net ♦Deficit.—V. e the in has stockholders to on price ' " 606,486" Airways, Inc.—Revenues Up 16% amounted revenues . Reading actual The based 1,558,230 - ■ 445,545 3/31/62) in announced was markets — 2272. the on Rights 1962;. $72,865,000 a 16%: increase from •the $62,658,000 reported in the same period of tha preceding year. Freight revenues were $11,239,000 a 17% increase overthe $9,575,000 reported in the first quarter of 1961. Operating expenses were $108,• IJet it 1961, Passenger . . <& additional in $150,006 at prices not to exceed 100%, plus accrued interest. p. that common . 1961 introduced Limmits will prove highly popular with, will contribute materially to our and products," consumer published a share company's total operating.revenues for the first quarter of 1962 $102,596,000 compared to $87,278,000 in the corresponding period holders.1962 31— be Philips, N. V.—Offering Price Set In 191, p. 2308. were for the period were equivalent to cents" for the same period of 1961 .•/■■. series 194, holders This 1424. p. 45 Co. and John Hancock Mutual Life Insurance " the sum of . registrar Ry.—Earnings— March Quarter Ended revenue appointed has been stock.—V. will anticipate Americans 2196. ■' bonds, .—V. $81,818,397 805,661 330,116 571,929 on on Pan American World. '• ■ Railway operating Railway operating Net York City, A common New "We p. • J. Chemical Co., Inc.—Appointm't Nor da Essential Oil & and area _ 1962 _" taxes_l_i outstanding earnings shares The Fidelity-Philadelphia Trust Co.; 135 South Broad Street Phila¬ delphia 9, Pa..- will up to noon (EDT) on June 15, 1962, receive tenders for the sale to io on July 1, 1962, of consolidated mortgage 3%-6% ' i. $539,882,- last - $79,476,960 ______ capital $5 * ^. • __—— operating income— Less President Goldman, Sachs' & Co., New York City,; assisted in arranging the financing. An additional $5,000,000 of promissory notes due 1982 will be offered by the company later this year for pur¬ chase by the respective lenders. The proceeds from the financing will be used for general corporate purposes. The company's net sales have grown from $80 million in 1957 to $154 million in 1961—V. 195, p. 1320. Pacific Vegetable Oil Corp.—Nine Months' Report— v appointed transfer the corporation.— New $469,088,644 31, fewer corporation borrowing of offered Total Newmont Mining Corp.—Appointment— Trust with at Dec. $519,798,098 : ' Bankers compared 174, 17. pany's domicile of incorporation from Connecticut to Delaware. Execufijve offices of Haven Iildustriew^'however, ."Wehitt New York, which is 1 at meeting McKeen, 7 ' tries, basis, contrasted with were Insurance , 31, annual Philadelphia Transportation Co.—Tenders for Bonds— C. March 195, 'CO. with 66 cents per share in the first quarter of 1961. • Loans and discounts, a'cquired during the quarter amounted to $196,084,980, compared with $127,094,737 for the first quarter of 1961. clock and watch Higher—New announced that it arranged for $15,000,000 from three/institutional lenders under its promissory notes due 1982. The lenders are Investors Mutual, Inc„ New York Life quarter of 1962 was $1,222,045, with net income of $972,641 in the first quarter of 1961, King. President, reported to stockholders. Earnings for the common stock were 71 cents per share," compared Maxwell share a State the $994,692 14,115 Pacific Finance Corp.—First Quarter Net Up— Co.—Merger—Name Change share per there future. 910. p. three last first-quarter sales and earnings S. dietary food market with aid in biscuit form. gathered for the firm's Laboratories; John E. owners -.—The 1961 $3,476,672 4 2,481,980 $1,106,439 ..'*173,100 ! Inc.—Sales, Net Increased Research Philadelphia to Quarter Ended March 31— a cents —V. } . the historically the sales for the first three months of compared with $78,431,081 for the same quarter .17%. Earnings were $9,987,997 compared with $8,098,888 • - - . 7 " ... • weight-conscious growing lines of The company's net income for the first last name •. in is Chairman,, reported near of depreciation reason ' * v ' quarter quarter $91,794,414 were York compared estate, its i'' according that Net Net May 8, it was reported that the 109-year-old New Haven Clock & Watch Co. had become Haven Industries, Inc., a name felt to be more in said ■Railway operating revenue.,—— Railway operating expenses On appropriate Report— Pacific Electric Ry.—Earnings— Effective— made also first outstanding,. 7 The new Limmits product was developed by Pfizer in England and has won «*wift and wide popular acceptance there, Mr; McKeen said1. The biscuits are currently sold In Canada and in the Western New preliminary figures, gross revenues the first quarter of 1962 are substantially in excess of revenues during the comparable period of 1961.—V. 191. p. 2748.v.; $50,000,0U0 of debentures New Haven Clock & Watch earnings was necessary by 1961 on Pierson v-v:. . this 1962 16, Board when at '''': Mr." share year—up On 55 of operations, Pacific Coast Properties, year $49,120,575 ••"''tftkfcn • T. & T., subsidiary announced plans to due 2002 at competitive bidding July 10. It will use the proceeds from the sale to repay advances from its 1, irent company.—V, 195, p. 980. ■ On : ' y pared with $1,166,565 earnings (before depreciation and other non-cash charges) for that entire year." He added that no provision for Federal Telegraph Co.—Bond Fi¬ & to rose First Telephone .. the end of 1961, as compared with $37,091,588 for the seven months of the previous year. ' . In the company's annual report to its stockholders. Harry E. Pierson,/ President, said: "Even more Indicative of our upward trend is the fact a cash loss of $112,771 was incurred during the first half of 1961, com¬ assets produces fiberglass boats, winches, elecr trie water pumps, parking meters, color lithographic printing and automotive and steel warehousing services. —V. 195, p. 1596. v. England " reported Medical '—up 23%. the Angeles based real property development company, reported earnings before depreciation and other non-cash charges of $1,166,565 in 1961, compared with a cash loss before depreciation and other non¬ cash charges of $93,134 for the seven months of its activities in 1960. Gross revenues increased to $11,658,874 from $2,292(796, and gross Nautec Corp. New Pfizer and has. been and registrar of ~ transfer agent Co., & for any the 1852. p. It is entering the U. creme-filled weight-control a Addressing last Los a by shareholders in the fall of 1961, and potential dilution of stockholders' equity, a City, York New America, Pacific Coast Properties, Inc.—Annual Completing its first full convertible debentures, $4,000,000 of to up approved North corporation as stock.—V. 195, p. 2079. common corporation announced that it had obtained a $4,000,000 fifteen-year loan from two insurance com¬ panies. v777'' .,rThe institutional loan replaces the previously planned as of the by Pfizer growth 195, announced the Inc.—Appointment— P-G Products Manufacturing Co., . the 14, and 1962 has corporation of Monday, May 21, 1962 . industry year.—V. company Limmits, •• . t The The >',y Affiliate— rate soft-drink the , Product— same Net $749,516, ox the of (Chas.) < months ended period a of $10,942,985 during the thrre against those of $10,193,469 in the revenues 31, In years. . income totaled $1,703,840; or 77 cents per share on the 2,075,688 common shares outstanding, compared With $1,578,022, or 73 cents per share on the 1,959,214 average num¬ ber of common shares outstanding in the first quarter of 1931. 'The company experienced a gain of $558,548 in electric revenues and an increase of $190,968 in gas revenues.—V. 195, p. 749. ' New- French — Pike ago, year . Chemical & Nyack, and Operating prior to the close of business June 20, shares for each debenture, or $23,125 per common share.'—V. common This ■ higher than the was Rockland Utilities, Inc.—Revenues at Rec¬ & High— Co. be converted may Orange , ord called for redemption on July 1, 1962, through operation of the sinking fund, $75,000 of its 5% convertible subordi¬ nated debentures due July 1, 1976 at 103ya% plus accrued interest. Payment will be made at the Old Colony Trust Co., 45 Milk Street, The . . as compared to 38 cents in 1961/ ' , Net Net from railway operationsrailway operating income , ' Mr. Barnet reported particular pleasure that the rate of sales growth revenue '• 'Deficit.—Y, 195, p. 91,1. , k' • ,7. / 7 Volume 195 Number 6161 . . The Commercial and Financial Chronicle . (2383) 11 ' : .the - comparable, period a year ago, A. M. Hoover, Chairman and President, announced. ."The company's fiscal year ends Sept. 30, 1962. ■ • Earnings for the first half of fiscal 1962 were $1,072,000 or 47 cents a share on. an average .of: 2,261,199 shares of commbn stock out¬ standing, compared with- $1,242,326 or 55 cents per share for the Pittsburgh, Youngstown & Ashtabula Ry.—Tenders— Royalite Oil Co., Ltd.—Net Higher- ' W. R. Gerstnecker, New York, Treasurer 380 Seventh Pennsylvania RR., the of (EDT) on May 31, 1962, receive tenders for the sale to the company of first general mortgage bonds to an amount sufficient to exhaust the sum of $28,370, at Avenue, Y., N. will before 3 p.m. prices not to exceed 100%, plus accrued interest.-—V. 193, p. 2153. first Period Ended March Net sales Net income, after i——. 31, 1962— ; • v , --i-—-. Earned per share of common Number of common shares —V. 195, 1853. • p. ... / $62,391,177 ———_ —, , stock . , ^^ / - r r > • - Of fiscal half *' • 1961.'- second 6.9% -over profit of Royalite Oil was approximately $800,000 for the three ended March 31, 1962, compared with $560,000 in the first quarter of 1961. Charles Hay, President, attributed the increase in earnings to higher crude oil production as a result of the National in the Hoover three quarter quarter of 1962 showed Jesuits, -with-sales rising or sales First quarter - 16 or cents of $2,304,492 by and almost earnings Power Designs Inc.—Repurchases Own jStock— balance v due stock Power Y,t Roth the Pistell,. -V" said has company to Designs. Mr. is :N. sold . „ ' „ i. repurchase of stock was « „ . . at $1.73 subordinated . Government cated Designs supplies power to and instrumentation—V. ment fabri¬ and other scientific equip¬ operate .electronic 193, 2782. : p. 1 ' . debentures, " The Sales in of 1961 after 'taxes Premier than more Albums, tripled, it than more ^ r •; . , . . fiscal . . and income of $89,699,, after provision for income taxes, on gross operating income of years' net the $960,152 1962, sales were $2,513,181 com¬ fiscal 1960, Mr. Landwehr reported.-; Net $183,312, amounting to nearly 71 cents f Reading Co..—Earnings— " / - per share on 260,000 shares outstanding. This compared with earnings in: 1960 of $52,092, or 20 cents per share adjusted to reflect the 1 First Quarter Ended March 31— 260,000 shares presently outstanding. . , Railway operating revenue____^___t^__^ : Mr. Landwehr estimated that Premier sales for fiscal 1962 would Railway operating expenses_^_w„_}_—/__: exceed $5,000,000, based on the current rate of operations, and that the rise in profits would be at least proportionate to the rise in sales, /•./•- Net revenue from railway operations, L_ amounting to an estimated $1.40 per share.—V. 194, p. 2663. . > Net railway operating income-— the For ending Jan. 31, year ' with $1,121,623 for earnings after taxes were pared ♦Deficit;—V. sale became Net stock of Co.—V. & by 1962 195, 195, 1926. p. • ; - . • - . • in of proceeds short-term connection with Trust-Co.; Bankers St. the for share department ecutive The the announced that it has changed its name to R F Com¬ The change was made for the purpose of simplifying company munications, title.—V;.,193, p. 1339., Inc.,> this Associates, Communications F r ;. 21,962,335 22,632,331 $4,481,872 - 1,482,350 issue. for company purchase and of prepay¬ inventory and 'number, increased . of leased eastern located at 11 departments stock. common operates in sporting and Net Britain, New from four at the end GIVING : v - ■ - •< operated by to Its ex¬ Conn. The 33 as the PRESENT TO " > • of April of 3 958 EFFECT net company's March .31 ended year $6,582,495 a — '. ■ holders. * •• . . ■ - . crease record consecutive and earnings sales in RT&E President Rolland D, Nelson said were achieved despite an 8% price report year-end increases sales increase, he added.—V. 188, p. annual Dynamics, Radiation Inc. Quarterly — 1617. • . registered company York. New has company 30, orders, more confidently we than $1,400,000 and the present rate of expect profitable operations throughout '• posal & Radiation Dynamics capitalization Inc. to shares. Coburn & Middlebrook, Inc. Crowell, "to voted They 400,000 also 14, America—Postpones Offering of Whirl- ; Riker Harold was is company the Mr B. Saftler Inc.—New Directors— and Bernard Rodetsky to the announced by Rainbow President, Jack M. primarily a processor of color and black and Net Irving the Board Falk.? is of attorney an ana Rodetsky, Trust Co., stock 195, after Consolidated were 12,000 5/000 * • • . are Canada, England, Switzerland, West Headquarters are '■ - 1S62 sales of Ranco a 2% registrar of March taxes; of for the six over 47 4,282,599 4,136,368 $2,165,926 540,662 sales ended of March 31,. for — $1,915,511 408,071 reports revenue for the three periods >1932 1961 $1,284 940 railway operations-^ 771,713 $477,045 $513,227 93,089 .123,431 Ry.—Earnings— 31— 1962 revenue 1961 $18,365,387 $15,612,295 10,597,403 9,961,951 expenses $7,767,984 $5,650,344 3,238,094 2,269,93d sales of the Co.—Net, Sales Higherfor company compared with the first $131,412,209 year. quarter for sthe of totalled 1962 period same of last ... report for that the period, now going forward to stockholders, general business improvement has been somewhat the points slower than anticipated, buk St. Regisi(results continued to improve as the quarter progressed, the March earnings being substantially better than , first earnings share after two for months. the first preferred * quarter dividend of 1962 amounted requirements, to represented $4,803,648, 40 cents on 11,763,442 shares of common stock outstanding. quarter of 1961, net earnings amounted to $4,305,776, first 37 the of Net which, cents share per Depreciation 11,516,390 on charges included shares in cost of of it a the to stock. common sales, For equal is reported, were approximately of $865,000, or 16%, greater than in the first quarter due to the completion of major construction projects, includ¬ 1961, ing the second paper machine at the Tacoma mill and the off-machine coater and supercalender installation at the Bucksport mill.—V. 195, 526. - p. (Howard) W. Sams & Co., Inc.—Acquisition—*/ The and has acquired company Services, Inc., Robert announced. substantial interest dn World Marketing W. Sams, Board Chairman of Sams, a New York,.. Howard T. Lund, President - World of " <• Marketing Services, Inc., V \ World Marketing Services is in the field of International publishing. Through a Brazilian subsidiary it directs publication of "O. Medic# Moderno," Portuguese language medical journal In Brazil and main¬ \ tains the in staff .a third the and Inc., has of Spanish and Portuguese technical writers. "foreign" publication in which Sams has acquired last .60 days. The other two are "Agricultura de This is interest an las Americas" "World Farming" published by Implement & Tractor Publications, a wholly owned Sams subsidiary. "Agricultura *ie las Americas" heavy circulation In Latin America. "World Farming" circulation in Africa, I. A. India D. and have other nations technical Spanish and Portuguese where the United States, U. N. missions. Additional publications in work, Mr. Sams said.—V. 195, p. 1254. in are Science Capital Corp.—Investments— The corporation detachable $155,000 These purchased of Esco promissory Princeton, Corp., has warrants of with of Corp., promissory notes Conshohocken, detachable warrants of with Pa., and Teleplex N. J. purchases, commitments $400,000 Smelting notes to fifth the $1,805,000, and sixth by Science Capital, bring total approximately 45% of the corporation's or funds. Science Capital Is licensed to conduct business under the Small Busi¬ Investment ness Esco Act of Smelting ferrous the field 1958. plans metals, to initially of in the secondary smelting of nonaluminum. Teleplex will specialize handling equipment for industrial and engage zinc electronic and data military uses.—V. 195, p. 2197. Scott In - LaSalle Ltd.—Debentures—Common Offered— prospectus, dated April 30, 1962, Royal Securities Corp. Ltd., Montreal, offered publicly in Canada, $1,000,000 of this firm's 6% sinking fund debentures, series A, due May 1, 1980, at par and accrued interest and 70,000 a 1962, of $19,882,452, and net income comparable period last year, revenue was $17,070,of $534,952 after taxes. Chairman of the Board, said these earnings were the Last year, earnings for the first three periods were in the reported. per which fourth quarter.—V. 195, p. Rochester Telephone 1962 ended first net reports income March the 46 31, quarter 1,640,623 cents fewer a Total operating quarter of 1961 to his ment message "The The shares share shares of of $1,047,161—equivalent common stock This for to 52 the company three cents months a share compares with earnings the game period of 1961' outstanding. increased from $7,074,919 in the first $7,792,755 in t*e corresponding period of 1962. share owners, , BUSINESS—The incorporated was June 13, established in the is also in have 1918 by manufacture prominent uniforms of under been the following 1936, the which the meet President William A. Kern municipal Jean and the year heavy governments, public St., Canada it by acquired women's manufacture increased to St. late Henry Scott. men's of in have added 210 laws of of company of Longueuil, P. Q., Letters Patent dated business originally a The suits all Types company Is engaged and overcoats and of uniforms. Sales by year and production facilities demands from Federal, provincial utilities, railways, as well as in¬ dustry in general. The manufacturing division, with approximately 600 employees, >has a weekly production of 3,000 garments and an additional 1,000 sport slacks or odd trousers. It had been a pioneer in marketing garments made and In with which 1961 new synthetic yarns which have proven increasingly popular show the much assets promise for the future. undertakings of Student Brand and Clothes Inc., Peck ... revenues to purposes. and Corp.—Revenues, Earnings Up— outstanding. and - report to share owners of preferred stock dividends for before 1962 1430. common stock at $9.50 per share. stock, 32,736 shares were sold for the company 37,264 for stockholders. Net proceeds from the financing will be used by the company for the repayment of debt and other corporate Of the (12 weeks) of $785,966 share, based on 1,138,191 class A and common shares were then outstanding. The company operates on a 13 four-week period calendar with three periods in each of the first three quarters and four periods In $20,869,899 operations— " income Roush, cents million. months ' . 24, In net J. shares. as that, Sales Up— increase railway 911. p. with with New York City, has been appointed the corporation.—V. 195, p. 2196. $21,224*564, from Earnings— 31— 912. p. $139,146,956, $6,051,879 expenses————— operating income 2,073,459 1961 - $6,448,525 L— revenue—— March Quarter Ended March 195, and • announced in $4,441,638 2,518,501 912. p. - 1 of Rexall Drug, has Argentina SACIyF, drug subsidiary firm of Evanston was 22,362,680 $5,505,974 revenue from railway operations railway operating Income .. .. , . . - equal to 66 cents per share on 1,182,416 shares of common stock outstanding on March 24, 1962. In the comparable periods of 1961, earnings were equal to 45 cents per share based on the same number on of Ranco Inc.—Half-Year 1962, .. •! V • ethical Inc., companies revenue The acquisition specialist. Mr. Rodetsky. & Co., members of the New York- Industries, Inc.—Appointment— common - .. , > , • Ended St. Regis Paper is .... -- 1961 23,405,758 shares of its of Ramer 8,000 Inc,_. 'Roadway Express, Inc.—Revenues, Net Higher— metropolitan New York area. Saftler President Co.—6—— Co., Nicolaus & Co.; Inc. Quarter Ended March 31-t- railway —V. white servicing some 1200 camera and other retail stores, Walker Stock Exchange,—V. 195, p. 1023. is - & & 5,000 — Richmond, Fredericksburg & Potomac RR.—Earnings Galen Dr. photographic film, in Stifel, 1962 $28,911,732 $26,804,318 Louis Southwestern Net Chemical Co.—Subsidiary Acquisition & Railway operating Railway operating 536, Rainbow Photo Industries, Directors ' ' Aires, combined, The " Roadway Express, Elmer W. Engstrom, President, announced that the by RCA of 1,000,000 shares of Whirlpool Corp. • stock has been postponed due to general market conditions. The offering was scheduled to be made during the week of May 14-18 through Lehman Brothers, New York City.—V. 195, p. 2079. of 12,000 Ry.—Earnings— 31— Net Net in increase shares available under the and re-elected RDI's nine-man to offering of Co._" pharmaceutical the Other Net the issuance of up to $1,000,000 in conprovide funds for increased sales and plant. Stock— Election Putnam Shields 1549. 195/ p. ended Radio Corp. of May ' " & Germany, South Africa, Australia and New Zealand. in Los Angles.—V. 195, p. 1597. v ' • - 4 ■ - company's employees stock option plan of directors.—V. 193, p. 644. On 5,000 Co.—_ " 5,000 & Pont Co. by Dr. George L. Maison, for -ethical drugs. No price was disolosed. Evanston will continue to market Riker products in Argentina as it has for the past four years. Under the name Evanston Riker Argentina SACIyF, it will become part of Riker's world marketing organization. the endorsed also debentures proposed du HalloweR,"Sulzberger, • Jenks, Kirkland & "Co." 5,000 board pool Weedon I. & par Shareowners expansion." 8,000 Kreeger new bility of RDI operations." vertible Inc.___! Co., Francis value common stock from the present 200,000 Dr. Morganstern described the move as "essential to the flexi¬ $1 of Co'.ir-V-/—^. .12,000.' Argentina, it Rexall group Vice-President meeting, stockholders overwhelmingly' supported a pro¬ increase to Shares '/ Lee Higginson Corp.-—r-- 12,000 Model, Roland & Co.——5,000 Allyn & First shares " ' **" ■ Jones, ; the May 8 ■Shares"'; . C. year." At in principal A. Buenos * of forth :650,500^hs. - Hayden, Stone & Co., Inc.- 56,000 acquired Morganstern reported that net income for the three months ended March 31, 1962, amounted to $21,122 on total sales and reve- • nues of $259,017. These first quarter earnings were equal to 15 cents . on each of the company's outstanding common shares. The RDI chief executive told shareowners that "Based on our current backlog 195, —V. \ Outstanding 1,000,000 shs the and March 1962. underwriters of the aggregate number of 3hares agreed to purchase, subject to the terms the underwriting agreement, are us follows: offered severally conditions set Rexall Drug Dr record has names-of -the stock common Francisco expenses Railway operating Railway operating FINANCING Authorized • cents' 25 "Riker Laboratories s the in each and -—V.- opening quarter of 1962 the first profit in its history on a three-month volume greater than all of the company's previous sales combined, Dr. Kennard H. Morganstern, Presi¬ dent, disclosed to stockholders at the annual meeting in Westbury, The which Report —New //;'.' Capitalization Approved— of Blair the de- ; in the industry, effective for nine months of the year. RT&E's transformer sales for the year marked the company's ninth his In • by a record 1,000 stock¬ 633,888 shares are currently outstanding, held fpar UNDERWRITERS—The shares year , .stock , amounted to $336,512, an increase of 9% over previous year's profits of $309,287...; . ' V •> /*«—'•* RT&E profits per share increased from $0.49 a year ago to $0.53. Per share earnings for the year reflect a two-for-one stock split Oct. 20, 1961 and a 2% stock dividend declared March 31, 1962. A total of the for Profits the V Common of ago... year ;• distribution' transformers for the "fiscal increased 18% to $7,755,537,v. compared to sales 3,720 railway operating income^ s 18%; Net 9%— RT&E Corp.—Sales Up < 910,300 $86,858 *182,703 revenue___ from revenue St. discount states. by operated departments 1961 $997,158 912. p. Ended Quarter either in departments midwestern Stanley St., are goods. leased of CAPITALIZATION The 1967. "$182,466 — Louis, San Francisco & Texas Ry Net out the company reported 1961, .net'earnings, of $349,317, equal to 62 cents shares 1962 • The two divisions: 1 4 Regal Division, operating 15 departments and selling at .retail men's, boys' and junior boys' apparel; and/- The Alberta p. (201,660 ; . railway operations. 195, Quarter St. *3,856,825 by the expenses; located are leased accessories, j the 195, $19,194 /. revenue from railway operabions„^^^l_ railway operating income-^ 195, p. 912. —V. . 1 > 5 by 1, 1962.—V. $410,387 Division, operating -18 departments and selling. at retail "hard goods" such as housewares, giftware, toys, hardware, lighting -fixtures, paints and paint supplies, ^plumbing equipment, automotive ; ■ Inc.—New Name— R F Communications, R «. year will, there¬ production will also . expenses Louis-San First $23,042,718 Meadows Inc. corporation's See r and company stores offices company's Associates, Inc.—Name Change F. Communications R. be used loans, 560,500 on BUSINESS—The common April on ...Net Net —V. opening of additional leased departments. sales_of 8,788,301 based will the year ended Dec. 314 net per , appointed transfer /■ stock of the City, -has'; been York New ageht, warrant"1 agent, and registrar corporation.—V. 195/p. 1853. bank the REVENUES—For Quaker City Industries, Inc.—Appointment—, the imposed revenue Railway Operating Railway operating 911. p. PROCEEDS—Net ment normal 1961 $26,444,207 , » rates railway operating income___. ^Deficit.—V. First publicly held corporation on April 3, 1962, through an underwriting group headed by Goldman, Sachs a effect Ry—Earnings— Net revenue from ■ .PCA of Earnings ..from royalty . ' reported sales of $10,853,000 for the first quarter 1962. Profits after taxes were $280,000. Net profit corporation March below year. Railway operating revenue_____„„_^__ $1,290,573 Railway operating expenses—813,528 Regal-Meadows, Inc.—Common- Offered—On May 17, 31, 1962, Hayden, Stone & Co. Inc., New York City, and equalled 19 cents a common share on 1,490,000 shares .outstanding. associates .announced the offering of 150,000 shares of There are no comparative figures available for the year-before period. The company, one of the nation's largest printers of trade and >' this firm's common stock at $8 per share. business Of the total, 90,000 shares were sold for the periodicals, -was formed in early April by combination of company three printing companies: Hughes Corp. and its affiliates; Publishers and 60,000 for certain stockholders. This was the first Printing-Rogers Kellogg Corp.; and Livermore and Knight Co. and < public offering of the company's -securities. its two subsidiaries. :// • * ' v ; The ended to the ^ . Printing Corp. of America—Quarterly Report—/ in balance the level. into came operating operating Railway ■ . For ; , President. for $77,315 of increased First Quarter Ended March 31— Railway three months ended March 31, 1962/compared With respectively in-the coresponding period in 1961. the six months ended March 31, 1962 net income totaled $148,250 on gross operating income of $2,059,924, compared with $145,228 and $1,935,256 respectively for the six months ended March 31, 1961.— v. 195, p. 1023. > ; j; " /■■".; , • • and earnings by Philip Landwehr, future $1,121,501 • doubled, announced was , 1977. due company ^reported estimated ; Exchange Offer ;/• ; First ■ Triple— " 1: t Reading & Bates Offshore Drilling Co.—Earnings Up " Premier Albums, Inc.—Earnings Corp.— Debenture t per share proceeds of the original offering. provides high reliability standard and custom equal to the net Power due gas months for during 1961 increase which Rutland was made on Feb. 20, 1962, and expired on May 8, 1962, was accepted by holders of approximately 50% of the outstanding 7% debentures.—V. 195, p. 1597. .. • share, which per Oil the This voluntary exchange offer, which ' y Mr. the natural three earnings during the Hay pointed out that higher production rates Policy first started -in the .second quarter of production to for • year, be closer affected by of first outlook National be doubling. The company announced that $2,198,280 principal amount of its 7% sinking fund subordinated .debentures, due 196T, had been exchanged $1,758,740 principal amount of. a new issue of its 5%%'convertible • 1 * . ; the the and. that fore, 1962 sales totalled $9,460,031 and net earnings' $369,071, 195, p. 1100. *" ' ' ! .Acceptances— /•<';,/ Inc.; Crow, of to 1961 sales the the- on share.—V. a Rapid-American , reacquired, 37,500 shares of its last year as part of .the underwriting agreement, Herbert Roth, Chairman .and. President of Power Designs, announced. The transaction included surrender of rights granted Pistell, Crow under the underwriting agreement, and the resig¬ nation of Thomas S. Crow as a member of the board of directors of Westbury, common increased during Commenting Net . The and temperatures increase an $11,005,163. ended March 31, - 1962, - were $702,929 33 cents, in the comparable 1961 period. ' ' $11,764,523, were 1961 that sales and earnings during the second a sharp increase over first quarter 1962 out Policy ; . of 1962 second months pointed Oil •■->• quarter the cents, versus $747,388 Mr. 564,429 ,--$0.24 1,080,559 . 31 or the for about earnings ,//,.* - — taxes of > Porter Co., Inc.—Quarterly Report— * Sales * . (H. K.) Net months - stated budget for capital construction is approximately $14 largest single effort will be in the extension and improve¬ 1962 of our 'outside plant'-^wires and cable throughout our territory. $6,000,000 is budgeted for outside plant construction."—V. 195, p. 2080. Clothing Co. Limited, and Bond Clothes Shops Limited, were acquired. As a result the company is one of Canada'# largest manu¬ facturers and retailers of popular-priced clothing. Approximately 21.4% of manufactured products are sold under the brand nam* "Bond Clothes" and are advertised through the medium of daily newspapers, billboards At and present Shops under radio. 52 agents in 37 Canadian cities operate Bond Clothes agreements with the company. They purchase the major 12 The Commercial and Financial Chronicle (2384) from the company and are required to main¬ In addition to these outlets the company sells its manufactured lines to more than 500 retailers. For many years the company has operated a retail outlet in its premises in Longueuil, for the purpose of disposing of returned gar¬ ments and other clothing of its own manufacture at bargain prices. part of their merchandise standards. tain company It largely was due establish to decided to the success of this operation that management LaSalle Factories Ltd., now the company's prin¬ cipal operating subsidiary. EFFECT TO PRESENT FINANCING GIVING CAPITALIZATION Outstanding Authorized Debentures —-—*— stock Common par) (no 220,000 shs. - Sales, Earnings-- for the first quarter of 1962 were the highest ever recorded Donald P. Kircher, President, told the sharesholders at the company's Annual Meeting. First quarter earnings were $8,142,000 or $1.83 per share compared to $6,739,000 or $1.51 per share in the first three months of 1961, an increase of 21%. Sales totaled $154,054,000 against $138,534,000 in 1961, an 11% improvement "The improvement was broadly based throughout the company and every major division contributed to the increase in both sales and earnings," Mr. Kircher said. "Absent some upset of major proportions in this country or internationally, we expect the year as a whole to be one of continuing substantial progress." More than 200 shareholders attending the meeting heard Mr. Kircher define the company's objectives as improving the volume and profit¬ the of .earnings and - company ability of traditional product lines, broadening product lines of existing marketing and production units and diversification into businesses and products unrelated to the company's traditional business. Singer's sales of products and services outside the sewing machine field amounted to $96 million in 1961, an increase of 54% over the hog so to equal V 1961 1962 cents 35 Provision taxes Federal for Income 83,000 taxes_____ on Southern pany's Edison California Trust Co., shares of ($1 par) $0,004 1987.—V. 1, May amount 195, of the com¬ 2197. p. Bache & & Kane, Aim, Co., & Railway operating Net Net expenses from revenue railway 195, $373,328 129,807 18i,515 912. p. & Seattle Ry.—Earnings- Quarter Ended March 31— Railway Net 1962 ~ Securities Securities Collins M. J. from revenue railway $1,210,847 $1,135,578 232,888 operations $7,225,084 6,089,506 *3,990 operating income railway •Deficit.—V. & & 4,400 Co., Inc 4,400 2,400 Securities First 2,400 4,400 Stieglitz Hallgarten Hattier 6,400 & Co Co., Bond & 2,400 ■ 2,400 : Co. & Jones Kreeger & 195, 10,000 : Inc and Corp. D. 6,400 1,700 Weeks & Illinois Indianapolis 2,400 * ._, 4,400 Inc Co., 2,400 Co 4,400 . / 2,400 4,400 2,400 6,400 1,700 2,400 2,400 1,700 1,700 195, 912. p. the.v1961 to cents 38 standing, 31 For Coast Properties. the March than more B. $3 Staley Manufacturing Co.—Stock Incr. OK'd— approved 6hares the value par Chairman meeting May 7 company's authorized capital to 5,000,000 providing an additional 2,500,000 shares of annual stock for the company's future growth. Staley, Jr. said no immediate disposition E. A. their in company increasing the common stock, of $10 the of consolidated said Parvin million.—V. 195, sales from 261. p. is con¬ templated for the increased capitalization, which was recommended the company's board of directors last Feb. 13 with 173,396 shares remaining unissued and unreserved at that time. by "It stock will make dividends acquisition he told of Reviewing results possible of are running well ahead competition has narrowed business volume is Net Quarter Ended March 31— ' .• from revenue railway operations 1S62 $861,614 806,788 $54,826 174,543 __ railway operating deficit •Deficit.—V. 1961, and the of year-ago figures and margins for earnings, the 195, 1961 $789,682 879,770 *$90,088 328,407 11% to $85,362,063 in the the recent six last year. in months, compared Hotels Merger— company Co., (formerly N.Y.—V. 195, Mid-Continent Sunray Oil Net Development, announced of taxes representing first taxes of profit net quarter 1961 195, before taxes of of sales $15,877.47.—V. $38,275.57 750. p. final p. the stated annual that expected to meeting Standard continue of $51,259.72, compared a net loss before and Shares —V. sales Consolidated equivalent income increase for of to and net 74 any 7% stockholders, Joel S. Mitchell, Chairman, earnings uptrend of recent years is notwithstanding an increasingly com¬ He said the income first for per quarter the the first quarter common in the $4,671,047, of 1962 share. This for history of or cents 69 the company and an per the year 1961, $18,715,145, share in 9 increased 1960. cents Income Standard Brands reported record-high net Income increase of 7% over 1960. Income per common an to $2.75 for the year, which ended Feb. 28, 1962, were before taxes was $150,230.00 and income 195, $728,089.85. Net was $84,485.43. 1255. p. & Co. made shares withdrew of a this an secondary offering of 49,850 com¬ firm's stock undisclosed at $69 per share and portion of it because of market conditions. of 61,135 2080. p. Corp.—Quarterly Report— Net 2,828,171 3,260,126 shs. 31— 1962 1961 $688,685 revenue $747,424 555,781 601,887 $132,904 $145,537 3,092 7,487 expenses from revenue Ry.—Earnings- Ended March Quarter 195, o.56 3,296,613 shs. _______ ' 2,212,685 : v 1968. p. railway operations income railway operating —V. 1961 $35,421,993 0.75 Texas Mexican Net ' 1962 912. p. Texas & First Pacific Quarter Ry.—EarningsMarch Ended 1962 31— Railway operating revenue Railway operating expenses 1961 .$18,095,192 $16,604,368 13,543,224 13,464,774 revenue from railway operations____^_„__-'- $4,55T968 railway operating income 327,350 $3,139,594 663,148 Net Net —V. 195, 912. p. ' ">•.,> ::c 'i-v;;:.A. x'-idS • .. m' ii»Uv>) { *' :.. A . Thompson Ramo Wooldridge Inc.—Quarterly Net Up of Wooldridge in the first three months of highest reported for any first quarter in the company's earnings were the best for any first quarter since 1957. and sales Net of Thompson Ramo the were $96.7 for taxes substantially a year quarter in the than greater three million, months cents 83 or earnings of computed are March 31, earlier.—V. 195, p. of per volume of quarter common the second 21 the $1,490,037 or 45 cents a share the 3,384,679 common shares compared quarter with 3,186,457 1961. fiscal the 339,917 net income reported was up the $3,- with $1,010,000 compared up $166,208 195, p. of totaled 340,902, period of fiscal at the end of the quarter outstanding for the same " month period six with gains in net close of its the at the preceding fiscal year. the quarter were a record $11,795,405, the $10,634,063 reached in the same quarter of fiscal the 1961.—V. share < for . compared statement quarter outstanding with ■ a $4,098,000, was same over Shares per 31. year ago. Net earnings per share were approximately 10% over earnings for the 1961. Business volume at the close of the outstanding up $1,161,342 shares gain of a of reporting period 088,000 for the earnings March period same cents, and ended quarterly company's over at after stock, Corp.—Earnings Up 10%— business which sales income Net of Pittsburgh, Pa., corporation showed across-the-board income, of ahead 15% 1961. share on 1962, as 1143. on Thrift Investment This $111.7 were first $2,878,166 was Earnings ago. year a the million Federal at $174,390 of ending March 31, net income was the close of six month period the first 2306. ^ The 1962 company's consolidated income net for the first quarter of $9,687,000, equal to 64 cents per common share after preferred was dividends, compared with $10,979,000 or 73 cents per common share for quarter of 1961, President George F. Getty II told the annual meeting held in Los Angeles. First-quarter operations resulted in record levels of petroleum liquids production and natural gas sales, and a sharp increase ip the volume of sales of refined products over year-earlier amounts, Mr. Getty told the first the shareholders. • . Decrease of in earfiings reflects certain special costs due to expansion operations, including normal start-up costs Tidewater's international Danish refinery, and expanded marketing and exploration opera¬ Europe and West Africa, Mr. Getty said. first-quarter report to shareholders, distributed at the annual meeting said that despite the improvement in domestic opera¬ tions during the first three months over the comparable 1961 period, refined product prices continue to reflect highly competitive conditions within the industry and have not increased to desirable levels. in Western Tidewater's In reviewing sales and other Tidewater's revenue 1961 reached operations, an when all-time high company's the of net million and $623 $1.76 per common share, Mr. Getty said that if 1961 average gasoline prices "had been equal to the already depressed prices of 1960, Tidewater's earnings would have been about $40 million, a 14% increase over 1960's net of $35,063,000."—V. 192. net p. earnings $27.8 million were or 2373.. from per share from the included 1960 the sale of previous a record non-recurring certain of The offering involved "new" shares resulting from a 200% stock dividend declared payable May 28 to stock¬ holders of record May 8.—V. 195, p. 2198. Tejon Ranch Co.—Earnings Down— $2.56 gain properties.—V. per share to equivalent This company's period E. first quarter earnings were behind the year earlier to normal production declines in producing oil wells, Wm. told shareholders at the annual meeting. due Moore, Jr., President, Net income Standard Oil Co. The company's consolidated net earnings for the first quarter of this totaled $37,600,000, compared with 1961 first-quarter earnings of the three months ended March 31, 1962 was $198,483, marked the initial paid in seasonal annual Total after earnings rate. income cattle the and for the fanqing public sale of the company's common PROCEEDS—Net or to proceeds additional lease from the was $624,062 compared with Oil contributed most of the revenues quarter will be financing manufacturing machinery, used defray to pur¬ moving install research and develop¬ ment facilities, finance raw material and finished goods inventory, reduce advances from a factoring company, and provide working a new factory in New York City, capital. ihitial lika~^96j/period. operations produce the bulk of their income later in the year, Mr. Moore said. Tejon Ranch Co. owns and operates 282,283 contiguous acres of land in Kern and Los Angeles Counties, Calif.—V. 195, p. 1474. as Oversubscribed— shares. chase shares of Inc.—Offering Co., May 17, 1962, Carroll Co. and T. M. Kirsch Co., Inc., New York City, announced that their offering of 110,000 shares of this firm's common stock at $3.50 per share, was oversubscribed and the books closed. The offering costs number adjusting for a 2% stock dividend December. Mr. Moore commented that Ranch operations are and thus first quarter earnings are not indicative of the same Rubber On the 195, p. 2198. (Indiana)—Earnings Down— for Torch equal to 17 cents a share on the 1,146,271 shares of common stock out¬ standing. This compares with $335,439. or 29 cents a share, based on $828,062 in year at 469 Jericho Turnpike, Mineola, New York, knobs for television sets. Total replacement Tampax, Inc.—Secondary Offering Partly Completed— On May 18, 1962, it was reported that Blyth & Co., and $5,012,570, highest net 1961. of of average $38,625,850 outstanding First tions was the is share, earned in the first quarter of 1961. Net sales reached an all-time quarterly high of $155,448,389, compared with $150,312,716 for the first quarter of For 195, _______—; Railway operating Railway operating for and exact then Sales, Net— 1962, in cents over day.—V. per earnings. 195, of its manufactures Bache that new highs are also anticipated physical volume of products sold. Mr. Mitchell added that capital expenditures for 1962 should approximate 1961 record expenditures. dollar an Brands' in petitive business climate. in to rose shareholders' 2306.. is listed on The National Stock Exchange, the 1961-1962 fiscal year, with net after earnings of 38 '/a. cents per share on its which figures $84,485.43 mon Standard Brands Inc.—Record At condensate and cubic quarter cubic revenues— share The company is located —V. reported at the company's annual first quarter sales in 1962 were $201,- that oil than in the first feet per day. more billion 3.1 Transmission income— Per Co.) 1962, all of its outstanding 4J/2% President, stockholders of 982.95, with Brandon, of billion 14 Tidewater Oil Co.—Sales Up, Net Down— TV Development Corp.—Annual Report— TV income Quarterly Report— L. Gas Operating fiscal this issue.—V. 195, p. 912. Corp., has called cumulative preferred stock, series A at $25.25 per share, plus accrued dividends of $0,022 per share. Payment will be made at the Manufacturers Hanover sales Philip meeting , commented. Deliveries totaled 283.6 billion over barels 8,362 Texas Sunray DX Oil Co.—To Redeem Preferred— The and period same • Period Ended March 31 220,000 outstanding shares. year. totaled $63,377,848.' After per day, highest for any quarter to date and 16% above the quarter. Net production of natural gas increased 13% to a daily of 285 million cubic feet and plant products extraction rose For Statler Hotels Delaware Corp.—Proposed Trust previous fiscal sales averaged compared 912. p. for redemption on June 8, good. Decatur, 111., company reports net income of $1,240,616 or 56 cents per share for its second quarter ended March 31, compared with $1,116,684 or 51 cents per share for the same period a year ago. With first-quarter net profit of $1,160,401, this brings the com¬ pany's six-months net income to $2,401,017 or $1.08 per share, com¬ pared with $2,484,656 or $1.14 per share for the first half of the $76,089,542 with the Earnings Higher— Net compared average listed This with '' 31, 1962, operating revenues totaled $578,786,055 for the like period < a year $67,981,316 ' production 1961.. Hilton share in Chair¬ .■ March with was 1961. Receivables Net ended compared income revenues, Mr. Symonds feet or approximately $7,169 Ry.—Earnings— Railway operating revenue Railway operating expenses See ' 31, second future the previous year and the first half of the stockholders meeting, Mr. Staley said of in year intense level for splits, for issuance in connection with the possible companies, or for other future corporate needs," or sales company's although available shares other fiscal overall additional stockholders. the current the Staten Island Rapid Transit First -1' $18,099,- Board Larger volumes of natural gas delivered through the company's pipe¬ systems contributed to the rise in net income and operating In (A. E.) Stockholders by Gardiner Symonds, line '. operations in 1962 should exceed $35 million with net income before taxes amounting to months 12 Net outstanding earnings after preferred dividend requirements were equal per share on the 4,656,840 shares of common stock out¬ cents of which resulted from gain on the sale of the A. announced was provision for preferred dividends, the net to the common equaled $1.49 per share compared with $1.39 per share for the 12 months ended recently investments. President *3,673 First Quarter Net — -;•••• history, of Pacific and Per-share Gas Transmission Co. period, it $628,787,371 1962 „t reorganized as an operating company, $8,538,540 for the year ended Dec. 31, 1961, in shareholders. Net income for the period amounted to $1,906,633, of which $1,460,190 represented non-recurring income from Starrett's sales of holdings in the securities of Food Giant corporation sales 20,843 Per share earnings in both periods were after provision for preferred dividends, and based on 39,611,043 common shares outstanding Mar. 31, 1962. Operating revenues were $177,399,008 versus $167,913,314. 1 Sales The $200,465 Sharply— Starrett Corp.—Annual Report— announced $232,715 . ' man."- . 1093. p. - 818,810 - —-— 4,400 Co & Sanford & p^912. • O;, The company's first-quarter consolidated net income rose to 110 or 40 cents per share, from $14,117,577 or 31 cents per 6,400 4,400 2,400 1,700 4,400 4,400 Pacific Northwest Co Paine, Webber, Jackson & Curtis 10,000 Piper, Jaffray & Hopwood 4,400 Scherck, Richter Co.—:— 2,400 Smith, Barney & Co., Inc. 10,000 Stone & Webster Securities Corp 10,000 Straus, Blosser & McDowell 2,400 Stroud & Co., Inc.— 2,400 Uhlmann & Co., Inc 1,700 Hudson White & Co 1,700 Zilka, Smither & Co., Inc, 1,700 Zilkha Corp. 1,700 6,400 Corp. Co & & Corp._ Cleveland Goodbody —V. 1,700 Co Equitable The 4,400 : & The Corp._ Co Podesta Dain Elder 2,400 1,700 Corp & Corp.______ McDonald & Co Albert McGann Securities Co., Inc Merrill, Turben & Co., Inc. The Milwaukee Co P. S. Moseley & Co M'ullaney, Wells & Co Newburger & Co Newhard, Cook & Co.—.—■/ David A. Noyes & Co.____ Co., Eichler & Co Bateman, Markets 1961 $7,255,096 6,044,249 operating revenue operating expenses Railway 4,400 & 1961 $1,019,275 763,657 number the annual report to Spokane, Portland First Net $305,673 operations— railway operating income —V. 1,700 Co Higginson 195, Tennessee Shares 4,400 Kalman ___ Co._ Inc. , 1961 $822,480 444,152 1962 $769,348 _____—463,675 .—i— operating revenue & Baird W. Robert Jones, Quarter Ended March 31— 698,099 shs. the and 1962 $996,372 Increases 33%— 1961 Lester, Ryons & Co Loewi & Co., Inc McCarley & Co., Inc.——__ McCormick & Co._ ; 6,400 6,400 Whipple Bacon, Share Spokane International RR.—Earnings— First underwriters Lee Inc.- 47,200 Co Rogers •Deficit.—V. purchased by each are as follows: Co.— & Edward Railway V Outstanding 1,200,000 shs the of 31— Net revenue from railway operations-:. ____ Net railway operating income___i__ Net 17 Ry.—Earnings— barrels Shares Becker Allyn Hornblower been' appointed co-paying has principal bonds due series O, Co.—Appointment— Yorlc for OF MAY , names stock common Hemphill, Noyes Hickey & Co $40,000,000 New co-registrar and 4,122 $0.11 common of or Central Monday, May 21^ 1962 . First Quarter Ended March Railway operating revenue Railway operating expenses. earlier. Authorized UNDERWRITERS—The Halle 105,292 . Bankers agent 4,122 share 978,221 shares outstanding. per Based $3,693,562 — Net income Earnings 1,549,654 188,292 .___ before profit $2,143,908 1,729,018 —__ ______— Total Net $4,252,533 ___ Division Shade AS c; Cruttenden, $5,981,551 Airways Division Illinois family shares, Tennessee * . " outstanding. shares 698,099 on CAPITALIZATION stock Miller Slick controlling the by the share a - Common Julien Period Ended March 31— sold . . and waterers. figures for the three months ended Feb. 28, show sales of $3,655,000 and net income after taxes of $247,000 City Corp.—Quarterly Report— On company, principally in Carolina Slick — feeders G. board and intensive effort and I hope that a rapidly enough Common Offered REVENUES—Unaudited 1962, C. subject of move — of 516 E. Madison St., Goshen, Ind., is manufacture and sale, under the Starcraft."v and Seamaid trade names, of a broad line of aluminum and fiberglass pleasure boats. Sales are also made under private trade names. To a lesser extent, the company manufactures farm equipment, particularly A. will Co., Inc. were BUSINESS—The engaged A. the now shares The events removed Boat & shareholders, who continue to own 473,099 67.8%, of the 698,099 shares outstanding. that I shall be able to announce concrete acicon before another year is out." NEW DIRECTORS—Stephen C. Clark, Jr. and H. Neal Karr were elected directors at the company's Annual Meeting May 16. Mr. Clark is Vice-President of The Clark Estates, Inc. and a great-grandson of one of the company's founders. Mr. Karr is Vice-President in charge of Singer's Special Products Division.—V. 195, p. 1598. year Tank . of the , . May 17, 1962, A. G. Becker . & 'Co., Inc., Chicago, and associates, offered publicly, 225,000 shares of this firm's: common stock at $14.50 per share. year. "Our planning has contemplated that 1962 would be during which we would make major moves into fields further from our traditional business," Mr. Kircher said. "This is previous he higher than in 1961. • Earnings per share were Star v. 320,000 shs. .—— Singer Manufacturing Co.—Record Sales a whole to : • ' • 1 $1.05 for the first quarter of 1962 as com¬ pared with $1.23 in 1961, on about the same number of outstanding shares, he said, off 14%.* Total income was a record $567,000,000, ver-v sus first-quarter 1961 income of $531,000,000. • ' ' Swearingen said he still anticipates "an increase in earnings:, for. the year as a whole." - He reminded stockholders that he had forecast lower earnings in the 1962 first quarter and first half compared with the unusually high 1961 level. In 1960 first-quarter earnings were $31,700,000, or 89 cents a share.—V. 195, p. 684. ' • ' • He said stockholders. $161,250 Development Bank Loan from Industrial meeting of E. Swearingen told the annual expected earnings for the year as President John $43,800,000, be , j BUSINESS—The the manufacture types under company and several sale trade 1 of of 1302 Inwood Ave., waterproof rubber names, including is engaged in footwear of various N. Y., "Globetrotters," Continued on "Chics," page 56 Volume 195 Number 6161 . . The Commercial and Financial Chronicle . 13 (2385) ' Per DIVIDENDS Detroit Dividend tables. announcements the In nounced first are "grouped indicate we all during the current week. in two the Then Devoe separate dividends Diners Club, an¬ Dit-Mco, follow with we Per - Abitibi Company Power 14 % % & Paper Co., Ltd.— (quar.)_ preferred Adams Express Alabama » Southern RR. Ordinary Gas (Louis) Co. American Cyanamid Co., preferred D Electric partic. (quar.)_ ; (quar.) 6% preferred American New (quar.) American Stores Corp. (quar.) Co. Corp. 6-1 6-15 6-15 6-30 6- 7- 2 6- 1 Stock Corp. 1 5-22 6-15 6- 6-26 6- 1 7-2 5-25 4 6-29 6- 8 6-15 5-24 6-15 5-24 Beaver Coal Beech Corp. 6-15 Creek RR. 4- Class Bibb B 5-31 5-17 6-13 5-31 6-14 5-25 6-10 5-28 Bin-Dicator Co. ^quar.).„^_ Bird & Son, Inc., 5% Pfd. (quar.) Black & Decker Mfg. Aquar.)_, 7-2 6-8 6-1 2 Blackman Boise Merchandising; class Corp. (quar.) Concrete, Boston Fund, 2-for-l (E. Briggs Inc. A Stratton & Cadre ; 6-29 ... 8-15 8- 7-2 6-15 Corp. Celanese, (N. Ltd.; Y.) Canadian Husky Canadian International Canadian Tire Oil, Co., (quar.) 6-15 2. 5% Class 4% class A Mfg., B 6-1 ' 65c 6-15 $4c 5-31 com.-(quar.) 6- 1 25c 6 4% Gas & preferred 4%% Electric 40c 6-30 National Bank Civic (Detroit) Corp.____ Finance Cleveland-Cliffs 4 'A.% preferred Cleveland Coleman Trust A 25c 6-15 6- (quar.)35c -6-15 $1.12% $3 .____ Company, . common (quar.) Commerzbank A. (quar.) Bond vestment 5-25 1 Stock Fund (from 60c Commercial preferred Heinz AH. 5-18 Helene 5-31 5-18 Hines 67c preferred Continental Cott Life Craftsman Crawford Credit (quar.) Class Credit A E Class (See 6-15 6- Inc. (quar.) 5-31 (initial A 6-29 6-15 6-15 6- 12»/2c 12Vic quar.) Helene Cyprus Mines Corp. fl5c 12Vic 7-2 7- 2 6-20 6-15 5-18 1 Dayton & Michigan RR., 8% Delaware & Fund, Delaware Railroad Del Monte Bound Brook Inc. 6-11 6- 6-30 6-15 Kendall $1 7- 3 6-15 Kerr-McGee (quar.)______ 50c 5-20 5-T2 Keystone 12 Vic 6-15 5-28 $1 7-2 6-15 50c 6- 1 5-15 40c 6-20 6-13 __j_ > (s-a) Properties Depositors Trust Co. (quar.) (Augusta, Me.) (quar.) 1 7-27 , 22 'Ac 6-29 10c 6"29 6-20 6- 8 6- 8 "- 40c 6-12 5-28 25c . 6-29 7-16 1 6- 1 6-30 6- 8 6-29 6- 10c 6- 8 5-21 Kaymarq 1 84c Refining .___ .___ National-Standard 7 Neisner Bros. 6- 1 5-24 12'Ac 7'Ac 6- 1 5-15 5-24 5- 4 North Penn Gas 6-13 6- 1 North Shore Gas (Illinois) 6-13 6- 1 Northern 6-15 5-23 t$1.50 30c $1.75 25c 27'Ac Oil Keystone 7- 2 6-30 6-15 6-15 7- 6-15 1 7- 2 7- 2 6-15 7- 2 6- Trust Northwest 6- Ohio Inc. Edison Co., 6-15 6- 5-21 6-11 5-23 4.40% 1 preferred preferred 3.90% 6- 8 6- 1 1 Park 6- 1 Pathe (quar.) (quar.) (quar.) Okanagan Helicopters, Ltd., 6% Chemical Co. Equipment, Controls, (quar.) Pennsylvania Engineering 6-15 5-31 Peoria 6-20 6- Pet 8 Life 7-13 35c 6-20 6- 6-11 6-15 5-28 30c 6-29 6-15 50c 7- 2 6-29 6-30 6-15 6-15 7- 1 6-15 6-15 25c 6- 8 1 6-15 6-12 66- 8 1 6- 8 6- 2 6-15 5-31 7-10 6-15 1 Insurance & Bureau Pfizer Extra - A A Ltd., 6-15 6- 8 7-2 6- 1 4.08% Printing Corp. Prophet Public of America 6-15 4.18% 5-24 4.30% preferred 1 5-10 5.05% preferred 7-16 6-15 5.28% preferred 1 t60c 7-16 6-15 7-16 6-15 6- 5-25 5 1 6- 8 6- 25c 6-15 Publicker (quar.) Inc.—• * Industries, 6-30 6-30 6-30 5-31 5-31 $1.183A 45c 50c 12'Ac $2 6-15 (quar.)__ Pyle-National Co., common 8% preferred (quar.) 35c 20c 7- 2 7- 2 6- 8 Reeves Reliance Reserve Series Bros. — 49c 6-15 5-31 Corp. Co. (Phila.) (Chicago)—1 '—- (quar.)__ dividend Rey"°"lsc°-"""r-)—" Keystone Growth Fund Series "K-2" (semi¬ 3c 6-15 5-31 ? 6- 1 6-8 6-8 . 90c .11° 7- 2 6- 8 ° 6-15 f * 6- 1 60c (quar.) — Co. 5-31 5 6-14 7-2 7- 2 12 Ac Inc. (quar.) Insurance Insurance Resistoflex Stock Inc. 5-31 , preferred (quar.) Puerto Rico Telephone (quar.) Pullman, Inc. (quar.) $4.75 Redwing Carriers 6-21 Funds— income) (quar.) Raybestos-Manhattan 6- 1 income) 6-15 5-31 5-31 5-31 5-31 5-31 (monthly) — 6-29 6-30 6-30 6-30 6-30 (quar.) (quar.) 6- 5-25 6- 7 6-15 6- 1 6-15 55c $1.02 $1.04'A $1.07'A $1.40 dividend preferred 6-28 6-28 7- 1 6-15 6-29 1 $1-32 35c (quar.) 6- 6-15 7-15 8-15 6-15 15c (quar.)__ (quar.) 1 6-15 6- 1 7- 1 8- 1 $1.26'A Gas, com. 6-15 7- 6- 7- 2 2% — Service E'lectric & preferred preferred 50c (quar.)_ (initial) (quar.)__ Company dividend Stock 6-15 3%* $40c tic 10c common preferred 9 -• 3'Ac 3'Ac (stock dividend)— Dynamics Corp. Mines, 5-28 5-31 '6-8 6- 1 3'Ac — Preston 5-31 6-12 6-12 17- 2 6-15 38c (monthly) Pneumo 6-15 10c i. : (monthly) Class 6-20 7-10 20c 15c $1.75 25c — ; Class 5- 10c (quar.) 15c Pittsburgh National Bank (quar.) Piatt Corp., class A (monthly) 4% 1 $2.50 (quar.) Pittsburgh, Ft. Wayne & Chicago Ryv (quar.) Pittsburgh Metallurgical (quar.) — 8-15 t75c (quar.) 5-21 7-30 6-6 6-6 5-28 6-29 (auar.) Co. Pitney-Bowes, Inc. (quar.) Pittsburgh Forgings (quar.) 5-31 6c (quar.) 6- 6-11 8- 1 7-1 7-1 Fund 8- in¬ (quar.) 6-15 15c $2.50 25c $1.12% 5-15 6-1 C.) (quar.) & 60c net 5-29 6c (Charles) 30c (quar.) 6- 1 6-5 6-15 10c D. Valley RR. (s-a) (quar.) Philadelphia & Trenton RR. 10c (quar.) 5c 30c 35c Corp (Washington, common preferred Pioneer 5-15 7-27 — Quarterly Milk Co., 6-15 8-10 (quar.) Peoples 8- 1 5-23 6- 1 6-15 6-15 6-15 15c (quar.) r class A (quar.) 1 12'Ac 6-29 7- 2 7- 2 7- 2 7'Ac pfd. Inc. Cement 1 4%% 1 ^ 6-11 8 6- 15c 40c $1.11 $1.10 97'Ac (quar.)_— common 5-31 4c from net investment 7-2 7- 2 6- 4 40c —_— (quar.) 6- t75c Fund 5-31 6- 8 5-28 75c (quar.) : (Del.) preferred 50c Bond 6-15 6-29 7- 2 20c (initial) new com. (Chicago) (s-a) Paper 6-13 6-15 6- 1 6- 8 6-15 5-25 6-20 6-30 7- 2 15c Co. 4.44% 8 "B-l". (semi-annual from net investment annual England Telephone & Telegraph (quar.) New York, Chicago & St. Louis RR. (quar.)__ 6- 20c 7'Ac : Investment (quar.) (quar.) 6-15 20c 91'Ac (Canada) Industries Co. Inc. 7- 2 7- 2 25c com. 5-25 30c New 25c Ltd., 4- 5 6-15 7-2 40c Co 17'Ac 17'Ac 7'Ac 30c (quar.) Corp. 5-16 15c 35c 40c 10c 47'Ac 50c — (quar.) (quar.) 8 N.V.— (from 5-31 30c (quar.) 6- 25c (quar.) (quar.)__ America Custodian Co. 6- Consolidated Corp.— preferred Oil 1 25c (quar.) Harvester of & Gas 6-22 $0,764 Assurance 5-25 4c $0.1686 National City Lines (quar.) National Fire Insurance (Hartford)- 7- , _: A 6- 8 '■ 8 N 37'Ac — Staalfabrieken Water - (2c 10c (quar.)__ Bank (quar.) Co. . capital Trust, certificates of beneficial interfrom net investment income plus 2c from securities profits). Myers-Emporium, Ltd.— A American deposit receipts est Penn (quar.)__— (quar.) 10c pfd. (quar.) RR. 5-25 7-17 - i 30c pfd. (quar.) (quar.) (quar.) Johns-Manville Corp. t Delaware 6- v, 11 (reduced) —•— Corp. (from realized 57'Ac 3.65% Commercial :_ (111.); 1 7- 15c Foundation, preferred (quar.) Investors 5-30 6- 6- 8 6- 4 10c u Shares gains) Penn-Dixie income) 30c Inc. 7- 10c $1.6'A (quar.) Investment Katz Drug (quar.) 1 is Lumber Co. vestment 6-20 Ind.) Danly Machine Specialties, shares (quar.): & Winston, Inc. (quar.) Life International 1 Industries Curtis • deposit rets Investment — (Helene) en Indianapolis 6% Milk 6- 25c (quar.) common Incorporated Investors (Del.)— •__ 1 .— (quar.) (quar.) Co., (Edward) Imperial 5-28 6-20 3c ' 7- $1.50 55c (quar.) Co. class Illinois Central RR. 5 6-11 6c (quar.) Mutual 1 M-G, Inc.— Crowley's Curtis (Boston) Muskogee Co. Oceanarium (Jacksonville, Fla.) !__ Hutchinson Sugar, Ltd. 1 6- 55c (quar.)___. Service, (quar.) 6- 6-15 7Vic Insurance Corp. 6-15 37Vic Co. (NY) (quar.) of New England Finance Class 15c 16'Ac , . Industries Rinehart American Insurance Bottling Co. J.) Curtis Hoogovens 5-18 Corp.— (quar.) 6-15 6c 6c divi¬ (quar.)l Co. Henderson's Portion in¬ Holt (quar.)____ preferred 6Vi% \ (quar.) Corp. 5-18 1 1 1 5-15 — Co. Agricultural 1 6- -__u.—: Engineering Aluminum, Hawaiian 6-1 $15c 6- (quar.)___. Printing Times 7c & Building, Ltd.— 6%' preferred A (quar.)_ ; the on Organ Hazeltine income) • common Trust & Savings $1 6- 6-15 10c __l_I2Ar *, 59%c 25c Mfg. Harvey (Phila.) 75c Telegraph-r- E— National (quar.)_•___— (quar.) common F.) Hartford Consolidated Continental (W. Harris 5-25 5- 3 (quar.) preferred (quar.)__ 6-30 Ring______*'J^__ Extra 6- , (quar.) (quar.) Harris-Intertype Corp. . 5-17 common Composite Hansen 6- 5-23 6-15 2% Co. National Steel Corp. (quar.) Quarterly 1 6-15 V 1 ,25c (quar.) Hammond 6-12 div Aircraft 6- 6-12 5" . : Assurance Insurance 6-1 $1.4901 Commonwealth Land Title Insurance B Life 6-15 18%c K,____ Class Grumman Gulf 6-15 15c "^5-15 56'Ac class A (quar.) Sugar, Inc., Hall - preferred ' 8 6- (quar.) preferred (quar.) preferred (initial)— 6-1 53(40 . Engineering-— conv. 4%% 5-21 1 8-30 6- 1 6-30 __l. Products 6-29 (quar.)_ common Co. Life stock 5% Grolier, 1 6- 6- subject to the approval of the ICC 8 17Vic (quar.) Co. 6- 9-11 15c 20c (quar.)_ Co. (quar.)! States Telephone & t$1.38 (quar.) Green Shoe Mfg. Co. (quar.)—_—_—— Greyhound Corp., common (quar.). 5-21 6-25 6-15 6- 1 6- 1 6- 1 6-12 6- 1 5-16 5-28 6- 1 5-18 5-18 5-18 5-28 & Quarterly Muskegon Piston 6-15 ■'* (quar.)__ preferred 7% 6-15 5-29 6c __ 2 17c (quar.) (quar.) common preferred 4(4% Coleman 6% Iron, 7- 7-13 ■ t45c (quar.) Northern Paper Western 6-15 $1.183/4 _ F.) West 6-15 7- 2 6-15 5-29 6-11 tlOc $1.37% $1.27% National Presto Industries Telegraph (B. Great 4'A% preferred (quar.)____; Citizens Utilities Co., class B com. City Finance (initial)---.-, * City (quar.) 5-21 preferred 14c ___ Great Co.— (quar.)____ 5% (dividend payment Corp. (quar.) Products Stock & Great • 6-15 $1 RR. B Goodrich , Cincinnati Oil preferred Rubber Gold • 6-15 6-29 7- 5-11 6-11 $1.25 25c (quar.)—;_ (quar.). dividend 5c Goebel Brewing Co. (no action taken on dend payment at this time). 6-15 6-30 25c (John) Mountain time) preferred (quar.)__, (William) Corp Globe 5-21 62Vic (quar.) Pacific this at Crude Class 5-21 6-1 Products Metal 5-28 5-28 * — of Texas Transportation Glenmore Distillers, 1 4c 5-24 6- 6-15 Telephone Co. of Illinois— Getz 5-21 6- „ 1 $1 Chicago Mill & Lumber Chicago, Rock Island & (quar.) American 5% 5-15 6- 4c 1 (quar.) preferred American Oil Co. Georgia Marble Co., 5-31 (quar.)__ (quar.) Chicago Great Western Ry., 5% preferred (quar.) preferred $2,375 6-8 6-10 6- 1 50c ' (quar.) Corp. 2 (Pittsburgh) Clemens 6% 6-15 $1.75 50c 15c 8c 40c Trust Manufacturing (quar.) Industries, 6% pfd. (quar.) (quar.) NOTE: Formerly known as Mt. Clemens Mt. 35c 1 6- 1 Morton 5c 1% (quar.) General 5-21 7-2 5 5-17 12'Ac 5- 6-15 Corp._ preferred Stock 1 (increased)__ General Contract Finance 5-23 6-12 6- 6-15 Common 6- Battery & Ceramic Corp. (N. Y.)— 'Quarterly ____^_ 5-23 (quar.) (quar.) (quar.) _—; preferred 1 20c 1 $1.08 General 6-15 6- 15c M.), & Co. (quar.) (Rochester, N. Y.) Champion Mutual Fund (Canada) 7- & ; f$1.25 Ltd. Co. Power General 6-15 6-29 I8c 6- 8 6-14 25c (Albany, N.Y.)— 5% preferred (quar.)_ Mississippi Glass, common__ 5-29 6- 6-12 Bank Plastics $5.10 6-15 6-15 6-11 6-29 37'Ac Brick, Ltd. (s-a)_— Minneapolis Gas Co., 5'A% pfd. 5-31 v Mfg..:.(quar.)■_= ' Milton 5-24 2* 5-17 Realty (quar.) California of *5'A% ; Trust Chatham 7- 2 + 5-18 7- 6-20 5-25 (stock dividend)4-- General 5-25 6Vic (A. Central (Louis) Gatineau 5-25 6-30 t75c (From net investment income) Castle 6-30 il8c (quar.) 5-31 1 — (quar.)__ (quar.) Michigan Gas Utilities 6- (quar.) Refining Co., common preferred (quar.)__ 7% 5-25 (quar.) Midwest Oil 6-19 :_ — : Mutual 5-31 6-30 t25c .____■ L. Products Metal Carriers & General Corp. i t$1.37'A $$1.12% $1 15c (quar.) —— National Micron $1.12'A dividend omitted t25c Ltd : Class A Carolina pfd. 6% Power common 6-30 6-15 $1.25 quar.) (quar.) Frontier > t43%c ;_ Ltd., Co., Corp. (quar.) Light, com. (incr. Laboratories; Inc. Fritizi ' 4c ____ 5 .5-15 15c (quar.) & Wallace, class B City Enterprises Forest 1 preferred (quar.)" $1.75 preferred (quar.) 6- 5-25 25c & preferred 5-24 6-1 5-25 5-18 \J>-18 5-17 50c 45c (reduced) Robbins Quarterly (N. Y.)— v Ray) & Co. Co. pfd. (quar.) Quarterly Mellon "6-20 1 J30c (quar.)__- 6-15 9c (quar.)_ General (quar.) common 5 30c , ' 9 6- 50c Bank 6-12 7-2 6- 6 - — Co. (quar.)___ (quar.)____ 25c 5- 40c (quar.) 6- 6-15 24c Power Power Stock ' /' 1 (J. & 5-25 5-25 5-14 : Louis) (quar.) 7-16 . : Trust Lumber Edison 6-15 6-13 5-25 6- V Mechanics & Farmers Bank 5 22'Ac 6-1 . 6- (quar.)___ 8 50c . , 6-15 McDermott Governor 5-31 4 McKesson River Morrell / ; '• Industries 5- 20c (quar 5-25 Moore Friedman 15c Corp.-(quar.) 5-23 4 6-25 7 25c (quar.) $1 ; - 8 6- 6-18 Forbes 5-22 ____ the 50c pfd. stock omitted at on time) Canadian a 6- 1 ... & Bascom Rope Bymart-Tintair Inc.— this approve McCloud 6-13 6-25 . Massey-Ferguson Co. Ltd., 5'A% 4'A% preferred (quar.) 2 22V2C 5-25"* 7-23 (St. 5-31 8- 1 '$1.75" 50c * • Ltd.— split) 35c (quar.) 6-15 7- 2 7- 2 (stockholders approve Co. Marquette Cement Mfg. (quar..) , __: Brooerick (Payment 6-157 :l 1 7- 3-for-l a 8 Governor 'Forest 6-15 lie 6- 7-16 (S. F.) 10c Westchester National 5-21 10c (stockholders Sons & J.) 1 6-29 12'Ac 6-15 MacDonald 20c Bank 6-20 ' 6- 1 (quar.) A (quar.) split) Inc. (quar.) Bourjois, Brach class 1 6- 4Gc Cascade Bostic 6- $1.25 _ 6- 5-10 1 20c (Jersey City) 6-15 6-15 » 60c x (quar.)_ preferred 21c 4.32% preferred 7-1 5- 5-10 2 32c Stores Florida 6-15 5-21 1 7- 2% Republic Corp. of America (monthly) Florida 6-15 7c ;i ;___ 6- 12Vic Inc Bank 5-18 5-21 *,6- 1 6-;l 6- 1 5c .!6-15 6- $25c National 4V2% .. 6-29 4'A% Fisher 5-25 15c 6-20 Fisher 6-15 6-20 2 7- Manufacturers Hanover (quar.) 6- 1 35c Co. $1 (initial)__ Quarterly Foods, Inc., common $5 preferred (quar.) 5-8 7- Power Lawrence 6-13 7-14 10c , I tl5c (quar.)__ , t22'Ac (quar.) 50c (quar.) Fisher " Co. 20c National 6-8 7-2 Title St. Lower $1.62 (quar.) Fund t40c (quar.) — ' 6-14 1 7-31 '6- Ltd.— B — McGraw Chemical — Louisville J' 2 l/l First $1 ^ ,V; 25c ._ B preference 6-29 7- 2 6-15 8-15 split). Inc. 75c Ltd. of America, class A National 1st 6-5 6-14 . 7-16 $1.75 25c (quar.)__ 6-15 (quar.)___ & pfd. 5-29 (quar.)_L__. A Groceterias Co., Loblaw Electric— pfd. conv. 5-25 17'Ac interest.. Corp. (quar.)_, Industries (2-for-l stock 5 _>r,„ Cup 40c Players Canadian, Pacific 15c k 6-29 ; A (quar.) (stock dividend)__ class 6- 6 6-15 Gas— quar. First of *—_____ Inc., 6-20 6-20 6-25 25c 7Vic '_ Artists Schools 6- 20c 10c ;25c 25c & Lanes, 6-30 (quar.) (Va.) (quar.)_______——_— Lodding Engineering Lorillard (P.) Co., common (quar.)_: 7% preferred (quar.)___ Louisiana Land & Exploration (quar.)_j.___li t (quar.)_,___ First 30c 15c (quar; (initial First -• (quar.) Mfg.' 5-24 Plastics .stockholders Bergstrom 5-31 Corp, 1 45c stock 7- First 50c (quar.) split subject to approval July 10) Paper, class A (quar.) (2-for-l 7-16 A Financial 5c Beech-Nut Life Savers 5-25 Class 9 6-15 $1 $1.60 Loblaw, Finance Co. 37'Ac (quar.) 5-25 5-22 Water Corp. (quar.) beneficial of 1 Consolidated Insurance Liggett & Myers Tobacco, 7% 7- 1 Ferro 5-24 5-18 ; Share 8- 1 5-21 10c Way Motor Freight 7- common 6- 1 9- 1 12- 1 6-15 7-16 4-30 9-15 12-15 7- 2 —_—1 Liberty, ReaL Estate .Trust_(Fla,)— $1.35'", 2Vic Fields $1.50 (quar.) Leonard Refineries $1.12Vi •__ (quar.) Co. Title $1.34 Federal United Corp. " $.076 ' 5-31 Blower $5.40 5 Vi %' 6- 7c 5-31 6-12 Lee Litton Famous 6-15 2% Lawyers 5-25 Federal 37'Ac (quar.) Bargain Town U.S.A., Inc. (stk. dividend)— Basic Properties, class A (monthly) Bausch & Lomb, Inc., common (quar.) 4% preferred (quar.) Lau 1 Famous 6-1 6- 6- 6- 7- Fair 6-1 8 1 1 5-16 2 $1.18 _L___ 6-15 - 8'Ac $1.50 $1.75 5c 7- 7-2 50c .__ Exquisite Form Brassiere (Canada), Ltd.— 6% 1st conv. preference series A (quar.)__ 5 30c (Mil.) 6% 1st pfd. 7% 2nd preferred (quar.)__ Krylon, Inc. (initial) 90c t$10.25 preferred (quar.) Extra 5-22 6- Associated Bank Kroger Company, 8 50c , > 2 Ltd., common • 6-8 5-28 5-31 5-15 6-30 - Williamsport RR. Co.— 7% preferred (s-a)_^ Emery Air Freight Corp. (quar.)__*. Essex Company (s-a) ; 6-15 $1.25 Industries 7-17 (quar.)_^ (quar.). 1 }30c Transport— 6 % conv. preferred (accum.)-Axe-Houghton Fund A (from income) 6- Lily-Tulip Elmira 90c (quar.) 6-22 6-29 5-25 New 40c _. 6-29 7-1 7- 2 6-15 6- 5 8'Ac 8'Ac :_ ____. Holders When 45c 25c 35c 15c Quarterly 7-1 Elizabethtown 6-15' •' 7- Stores, Trust, preferred 6-15 ' Bros. ElizabeVhtown 7'Ac (quar.) Electric v 1 6-30 Investment (quar.)_. (N. Y.)—■ '$1.50 2nd preferred (quar.) Associated 6- 6-30 50c (quar.) 8 $1.50 ' » preferred (quar.)_ ;_ preferred (quar.) Investments, Ltd. (initial) ^ Elastic Stop Nut Corp. of America (quar.) Electronic & Missile Facilities, Inc. (N. Y.)__ 5-24 7- 2 . 10c ___. Asbestos Corp., Ltd. (quar.)_ Ashland Oil & Refining Co., com. $5 preferred 9 6-29 20c . American Telephone & Telegraph American Writing Paper (quar.) Angostura-Wupperman Quarterly 5-19;' $1.16 A Quarterly ; Quarterly 6- 2 $5.36 6- ' 40c' (s-a) Electra « 1 (quar.). 3 7- 5c preferred .i. 1 (N. Y.)— International American 2 22'Ac (quar.) Insulator 5- . , 35c $4.72 6- 15c _ (initial) preferred 6-15 $1.50 Assurance Co. common $4.64 common American 5-22 7- '• 5c (quar.)__ Home 6-1 ; 6-15 2 5-18 12 Vic $4.50 6 15c : Co., 6- 1 20c com i 1 11-30 6-27 ,37 '/2c ^______ Corp., 7■ , (quar.) Co. (quar.) ; ; :______ .: Kittanning Telephone (quar.) Knape & Vogt Mfg.. (extra) i Knickerbocker Biologicals, Inc. (N. Y.)— 1 4»A%. preferred (quar.__ r.^_-__rj.-.-i,,.$1.06%-.,-. 7- 1 A- 6-15 '5-25 El Paso Ele'dtfic Co., common (quar;)_'_r__-- . 15'/2c : ! 6-15 $4.12 preferred (quar.) 5-25 $1.03 7- 1 5-31 40c (s-a)__ * 5- V 5-18 A - 5c •.. ___.i Edison *■ 6- .( (quar.) Securities pref. Felt - • $.8333 Potash & Pennsylvania RR. Economic 5-28-n 6-15 25c com. Participating "_ American 11-30 > 12-21 - |6c (accum.$3.75 prd, .___ 30c " ____; (quar.)__ Amalgamated Leather, 6% American 6-18 15c - ■ G.— (s-a)__! Kodak Co., common $3.60. preferred; (quar.) \ 30c . Sulphur t25c k A. ... Eastman " 5-28 ": 12-21 $3 ____ (quar.)__ Duval .« *6-1^ . 6-18 $2 (quar.)___ American Beverage, 20c prior pfd. American Chicle (quar.) 3%% $2 Co.__ Allied Supermarkets Allls 6-28 - $3 V1- All Canadian Dividend Funds Allied V ;_ ; —__ ."6- 1 2 7- 15c Ordinary 6% preferred-! 6%" preferred-—_L„ • $28'Ac _i__ (quar.): Kirsch 5-25 5-15 Payable of Ree. East : Ltd. Huettenunion deposit receipts.. 6-15 6-15 , - Payable of Rec. Share Kimberly Clark Corp. 6-29 35c 25c ... Per Name of Company 5-28 6-15 5% 1 , Drilling & Exploration Co. Inc. Dunlap & Associates (quar.) Holders When Share > Co. ' of Rec. 3c (stock dividend) Corset American Holders Payable (quar.) (Mo.)__!._ Dortmund-Hoerder .r .•» _ Co._______ Great ' . Inc. Inc. Dominion second table in which we show the payments previa ously announced, but which have not yet reached their payment date. ;\ a Name of Mortgage & Realty & Raynolds Co When Share Name of Company 6-15 5-18 6-29 6- 8 6-29 6-15 12'Ac 1 10c 9h , 6-29 b-15 tfo t\i ^ Chronicle The Commercial and Financial . Monday, May 21, 1962 . (2386) (R. J.) Tobacco— preferred (quar.) Reynolds 3.60% Oil Ranch Rice Rinehart Rio (quar.) Winston & Alg.om 7- y"c Ltd., Mines, 8- 6 11-26 +50c 25C $2 12-17 2 6-20 6-15 '6-1 —.——s-——-r——-■»—- Rochester Genessee Valley & Rolland Paper, Ltd., 4%%Rolls Royce, Ltd. (final)—, (Del.)—— Co. RR. Controls Robertshaw-Fulton (s-a) Royal Business Forms, Royal Dutch Petroleum Co.— (33 Va guilders) — .Tos°™h f\ St. t p<h. no. Joseph Light & 18. should dividend cash A shown this- issue.. ments 75c preferred (Oj Class M.) B 6-26 5-11 6-- 1 Zeller's class A Sons, Stock $1.25 7- 1 $7 50 6- 1 5-16 32VaC 18'Ac 5-31 5-21 5c 5c (quar.)— 6-11 5-10 6-11 5-10 2 5-25 (s-a)— Simplicity Smith, class 2-for-l a •; South Jersey South Penn Southern 5% Co. preferred Southern Pacific Southern Union 5.35% 5.05% preferred 4.75% 30c 5-31 6- 6-29 6-15 8 6-15 6-15 $1.25 6-15 6- $1.1834 $1.0614 6-15 6- 6-15 6- $1.07 $1.1634 $1.25 7- 2 6-15 7- 2 6-15 7- 2 6-15 — .4—______ preferred (quar.)_— Investment Co. 12.VaC- —„———— (quar.12 Vac (quar. )_„; • 25c S6.50 preferred (quar.) $1.62 Standard Knitting Mills (initial)— —-.uVlSVaa Standard Gil Co. (Indiana) (quar.)__ 45c Steinway & Sons 40c SDan 6- 7- r - 2 Class A 6:-. 0« Strutton Sun Mills, Terstegge & 5c —___ (quar.) .— 20c - 35c "Algoma Central ( , Quarterly Common xi- 6% . , Ltd.,, common Steel. 5-29 Allied - Kid •Allied 5- 8 6-15 4 Corp. 4% 'preferred 4.08% ■ Alloys ,6-1 30c 6-15 66- 1 6-15 6- 1 $35c .;•-•< —^ .;2% - 6- 4 7- 1 5-22 6-15 /. 5(4% pfd. (quar.), ; (quar.; ,133/4c——45c > x•• 50c —mm——. 12 (4c 3 % v > 8c^ —, . (quar.)Mr——- 25c ,$1.02 Chemicals & (initial)^ . . . ■, Cement Co. (quai\_ 7- 2 (quar.) (J^mos),. Inc.. 25c — Products Tecumseh 6-15 2 , '. — 6-11 6-3 6 Tennessee 6- 6-18 10c 6-15 5-28 25c 6- 9 5-26 Gulf Sulphur (rcduced-quar.) Textiles, Inc., common ,,__1 4% preferred (quar.)1. , 6-22 25c 7- 2 7- 2 7- 2 6- 6- 8 5-24 New (initial 6-22 6(4 % 5- Inc. this at (dividend Bank Union Finance Angeles) (Los payment .(quar.) 7- 2 Can Cast 6c 3 7-20 Class B (quar.)—6c 6'4 preferred (quarj m' 15c Corp. (Fla.) Class A ncncumulative preferred 6% Union (quar.) Sugar Co, (quar.) United Elastic Corp. (quar.)——— United Fuel Investments, Ltd.— 6 "c preference- A (quar. )_„,,, $1.25 • Co. 1- (from net preierred 8- 3 7-20 8- 3 7-20 8- 3 7-20 American Chain 6- 8 5-31 American Commercial 45c I, Printers 6-12 5-25 American 6-15 American .... - 3 pfd. 6% action (Ne taken dividend on $75c . . payment 7- 2 S. Borax A & 4t2% Chemical, preferred U. S. Life U. S. Lines Co, U. S. 4 <quar.)Co (N. Y.) at Barge Power .7.5-25 • 7- 2 : Line *. (stock dividend) Telephone Co. 3'a%> preferred Utilities & of A $1.12'/a Fire & 9- American 5-31 American 1 8-16 6-15 5-31 Class 7- 6-15 American 17'/ac 6 6-15 30c ac v 6- 1 1 49c 6- 9 . Naticnal Fair Vernon Viau, Bank Mills (Arizona) (quar.)—__ Company 40c (quar.), Ltd. (quer.) Pump Co 6-15 Heritage Hoist Viking Virginia Dare, Ltd., 5% preferred Food Products (quar.) ". " (quar.)___ Vita Volt Technical Von's Grocery Co. 40c $3134C 2 A / 5-17 1 6-15 6- 8-15 6-15 6- 5V4% 1 Stock .. Life Ward ' Electric Corp. (quar.). Industries Corp.--. Pfd. stock payment omitted 30c this Co. 5-10 Washington Real Estate Investment t Waukesha Motor Co. Wa"erlv Oil Works (quar.) Macnlne & West Jersey & Seashore RR. (s-a), Western Casualty & Surety (Kansas) Power & Gas, 5.44% 4.75% - preferred preferred r 6- (quar.) pfd. 6-15 5-21 1 ' - 6- 5-29 lie (quar.),, 68c 59%c I III— 59c 6-30 7- 2 6-30 1 8- 5-31 • •« Frre (quar. ) Insurance __m__ (N. 1 7- 3 " > 6--1 ' " 6- 5 8- 7- 5 1 6- 1 5- 62yac 6- 1 6- 1 1 30c President Co. preferred (quar.) (quar.)- 4 4 25c 6- $1.15 American ; . ' ' 1 5-18 1 5-18 6- 1 5-18 60c (quar.) ... • 1., ' Potash & Chemical, com. : 1 A (quar.)—, preferred- (quar.) 6- 5-15 1 5-25 .6-11. 15c 3i%>: 6-14' 7-I0v % 6-14 7-10 W 7-14" Tft - (quar.k. 6-30, ,10-15 10-v.l 1-15-63 12-31 t5c 6- v 6-15 $6y»c 15c , 7 5-18 2 6-15 7- 5-15 10c 5-31 5-31 5-15 30c 6- 1 5-15 6-15 5-24 3 6-15 5-24 25c 1 ; , : — '•'. ■ 5-11 1 10c :* .'• 5%; —— 5- 6- 3% —,3—c- 6- 40e quar.)_——i,: . 4 3 '5-1 4 •* 9 » 20c - ' ' - 5c Gil $1.25 (James 5-15 5-25 4-30 7-13 6-29 ;333 3* (quar.) 9-10 11-30 Bell & Bell 8 . 6-11 9-20 9-10 12-20 12-10 6-15 6-1S 6- 1 6-15 "3*6- 1 6- 1 9-23 12-31 1 5-15 7-13 6-22 6- 10c 20c (quar.)__— r . $1.75 : 6-22 -7-13 ; $1.00 7-13 6-22 $1.06 7-13 6-22 (quar.) Inc. & Howell Bros. - Lumber Beaver Co. 6-8 t. 1 6-15 6- 6-15 5-31 7-2 6-15 - 3 7c 15c 1 &-15 1 5-15 6- 1 5-15 6-15 55c ;6- ' 10c 5-17 6- i7yac -r-r 1 6-1 30c — 5-15 1 5-18 6-1 . . 6-27 fi- 50c 6- 1 5-15 t40c 7- 3 6-11 6-11 "25c (S-a»5.____—— 6 ' (quar.) Ltd., 6- 6- $1.25 3— Corp. Co. 1 " 50c spiU)____, <quar.) Eag '7 - V 2% 30c alter (quar.) Intercontinental 5-18 . (quar.),-— Distilling Co. 4-30 1 — (quar.) Co. 1 6- 12yac quar.)..__— (quar.)__,___ B.) 6- 12c * (initial A 5 t45c — dividend),,!—3—, class 6- 6-15 35c (quar.) Co. Gossett Bemis common 7- 3 7- 3 (quar.) $1.18% 6- 1 5-15 Corp., common (quar.) 7% preferred (quar.). —1—— Bigelow-Sanford Inc., common (quar.) '4'4% preferred (quar.)- 60c 6- 1 5- 7 6- 1. Class .7 A $1.40 Beck t25c (quar.)_ preferred (quar.) Shoe, 4%% S.) (A. Bethlehem preferred Co. (quar.) (quar.)^__, preferred preferred 7-2 6-11 - 6- 1 5-15 6- 1 5-15 7c 5-21 •5-7 12V2C 6-8 *20c . * $1.12 V2 — 5-25 (quar.) 6- 1 5-15 45c 6- 1 5-21 6- 1 5-21* 6- 1 5-21 $1.50 7- 2 $1.0fiV4 com. 25c 7- 2 3 !■ Black Hills Power & Light, $4.20 • -• (quar.)_—__——__ & Smith 4.75% t35c — Steel Bin-Dicator Binney (quar.).—_ $1.18% — (quar.) - i.— - $1.05- . Blackstone Valley Gas & Electric— preferred (quar.) ! 5.60% 4.25% pre+erred Blaw-Knox Bliss Bliss Bloch (E. Co. (quar.) 35c (quar.)— Inc. (quar.) Boeing Fisheries Borg-Warner Bowater Final & Brass Corp., — 6-15 6-30 6-16 25c 5-21 6- 1 9- 1 8-21 11-30 11-19 Corp., 3ya% - (quar.) (from investment income) Ltd.; (annual) 6-11 5-11 1 6-15 6- 6- 1 5-18 40c 6- 1 5- 9 87V2c 7- 2 6- e 35c (quar.) preferred 50c .25c (quar.)_ common (quar.) — Paper Corp., Ltd.— payment less British income tax_,__ Co., 6-30 " _____— (quar.) Company Fund 5-23 40c -75c 6- 25c Company Boston 6-15 5-17 1 15c 25c ,— —__^ Aluminum Booth 6-15 6-15 ' W.) Quarterly Quarterly Bowes :— Co., new common (initial) & Laughlin Inc. (quar.) Bros. Tobacco, 6%-. preference (quar.), Blue Bell, Bohn 6- 10-15 1-15-63 . $1.50 — — Beauty • ^ $1.50 (increased) Belden.Mfg. Bell 1 ». preferred (quar.),^_^. ,3—i Counselors. Inc. (quar.)—__— $5 • 9 '30c —"- -$1.25'/ _ $1.50 Inc. (initial-quar. Mills Inc.— Common / 6- - 12-15 6-20 , 6-1 10c Bearings, Beaunit 5-22 -<•. 6-29 6-20 .*' t36c • :— .3; (quar.) (stock: Vitamin, Beam 5-31 9-23 T 6- 5-15 (quar.) Cigars • 6-15 6-1 —_ Show Montreal Bayuk - 8c $3iy4c (quar.)- Radio> Barber-Greene • . 6-20 . —_, v .- preferred Barber- 4-16 6-15 1 8-31 11-30 Building & Equipment Corp. of America Barth -5-22 *. 6- 9-17 12-17 LJ—,,, (quar.) (quar.), Tools (Delaware) ; 5-25 6-1 6-15 - 40c Ltd.— Hydro-Electric, common preferred ,(quar.) : preferred (quar.) 4% 3 $1 (quar.) preferred special 5-21 6-15 * J55c » - , dividend),, (quar.) 4V4% 5-11 6- $1.25 S4 5-18 6- (quar.) 7% ' ' 6-15 , 22V2C ,f * $5 1 76- ^ preferred * $1.25 ; 3 1 5- 5- $111 Eangor 1 5-7 1 5c ~_ (quar.) (quar.) 6- 6-12 6-12 2%-" preferred preferred Borden preferred 4-27 6-15 -• , 50c •• (initial Black-Clawson ,. 7-1 .-.,25C preferred 5-11 60c (quar.) (quar.) Piano— "' Baltimore 4 6- Lines— 5% 6- 6-15 1 5-11 « 6-29 15c • / (quar.)— _,,—rj—1 6% . 6-3-1 „ 5c 5% ; 5 6-30 5-15 „c- Ltd. 6% 5-14 , ' 1 6- -' • 3 ; Y.>— - News 5% 6-15 4 4 1 $i.i2y2i preferred Oil -6% -* 5-28 r 30c : : American 5-15 6- 5- 6- — Gas Co.— Corp. 5% % Baker 1 35c ■•••'• (quar.) (quar.), Quarterly 30c 4 6-15 56y4c preferred Inc. Collieries 'Baldwin 8 7 * Quarterly 7- $1.50 (quar.) 5- 93%c ______ 6- 1 6-20 !. 25c quar.)_ Corp. American (quar.I— 4.72% Nationai 25c — Wellington Fund—• (Quarterly from net invest, income) Western (initial Inc. Quarterly 5-31 - (Alabama)— Foundry Climax Motors 50c 2 5-10 1 (quar.) Ltd. Badger % Northland Bailey Selburn Oil & Gas, 5% preferred/(quar.)7 . . 6-1 6-11 . • . 6- 6-15 8c $1.3iy4 Meter Co.— 50c ; 8 6- 40c 5-11 25%' American 6-20 ; ' Co. 5 6- - - (quar.) (quar.) 7 Illinois— 6- - 5-25 6-15 - 32y2c Insurance American 5c Power Co. 6- Trust Co. <D. C.) Washington Water 6-21 of 6-15 • 40c (quar.) Quarterly 5-25 ' 5-29 6-29 8c ; (quar. American time) 6-8 - 35c . - , Metal New common at J.)r— 2 25c Okla.") (Tulsa, Service, Products, Bacardi -5-10 "i 6-8 Corp. (monthly)- ' •'12o (quar.) "6(4c " preferred American Wagner ,6-11 15c N. 7- 6-20 $1.31 V4 dividend—'— 8-31 3(4c Co.. (Newark, 5-31 6-15 75c , dividend) stock 11-30 17(4c dividend American 1 (quar.) prior . American 7-16 15c 1 (quar.) —___ Investment Common , Co. J 2,7 c ,i2yac (quar.)—,— (stock •% Special ">5-14 12-10 16c > : Supply Quarterly American 5-25 6- . 6-13 6-15 A • J Products Insurance lOc (quar.) Home Hospital American 5-10 class Corp., Derrick American 15c (initial) & 8 1 (increased),^. , •American 9 7- 5-18 ;/3.. (quar.) (quar.)—,— dividend— .; f '9-10 25c (quar,)_„,,_*._^_- • Publishing,-cl. B (quar,)--- 6- 6- 6-15 $i.i6.y4 common stock >6-9 .'%25c- Hardware Corp. 6- $20n. —— 22 %c . (quar.) Annual -<V J- 1,8 .•( ,,5-31 - 17(4"c ! 6-20 15c — 5-18 ' 6- 55-25 • 5-25 —25c • Fund 6-22 * (quar.) (Orlando, Fla.)— Power 5- 6-15 (quar. com. Mines, Aztec Oil & 7-10 6rl5 - Foreign 5- 1 25c ^ com. 6- 65 54c " ' Stock dividend,, , 7-10 30s (quar. American Valley Vanity 5- 6- 1 $1.08% (quar.),_ (quar.)____ (stock Ayrshire 6-12 7-10 ... 6-15' (quar.), Common 5-21 6-29 1 - 5- 40c Industries non-cum. Avon 4-20 -16-20 . • 8-1 » %25c-- i__ Growth American $1.12'/a (quar,/ 6- (quar.)__: Insurance Electric Auto 5-18 62(4c (quar.),,,— Casualty „J Greetings B American 5-31 Pennsylvania— corp. ■; 5- 27yac (quar.)—* Corp., Gold Bank of 8- $1.56(4 ____•_ & 10c .■ (quar.) 6-15 3% (s-a) „ii—_ — (quar.) Industries 20c 1 — Automatic Canteen Co. of America (quar.),— Automatic Steel Products, common—— 4-23 7-2 8-1 6(4c- • (quar.) Quarterly • quar.) —n- Insurance Realty Investments United (incr. com. B Aunor 3 $3 J Cable-(quar.) Finance 5-21 ,10c 31V4c (quar.):_,_^_,^i;M preferred Electric Quarterly & 5- 6- 30c Bank 6-15 .- —, class Quarterly , this time.) U. 1 4-19 •io("/r:30c ,5-31. j 25c * (s-ai_ (quar.) Special $6.25 Approved Publishers— & 5- 1 6- , - United Credit Class 5-31 50c , _ Pipe, Corp., common (quar.), 15c —— 1 6- 59c Wholesalers, Ltd., 5'4% pfd. (s-a),,- Atlas;i-.ife ' V3 Invest- (quar.)_t Iron 30c (quar.) Corp. Chemical 5-18 6-15 > Shares Cement 6-13 8- 6- 60c (quar.),, common Refining Co., Atlas . v.' .v: 33/4C American 22c . 6—1 20c _—,; Business American omitted (quar.)__ 683Ac •' ... (quar.)___—._— preferred Atlas 5-18 . American Corp. time) Union 1. „ preferred (quar.)—— Broadcasting-Paramount Theatres, American 4 6- -10c ment income) Underwood 5- 62yac Co. Goods, Dry preferred Atlantic _ Rubber—r ; -3.? C preferred (quar.*)_„_i,I—,^.1 $1.62(4 6-15 1st 2nd 6-8 5-18 quar.) of Florida American lie common 1 1 ;. (quar.}—r_ B (quar,)— Gas preferred . 4Va% 7-31'* •; 7-16 10%> Biltrite . 8 Tyler Pipe & Foundry (quar.)—-15c 6- 6- Acceptance 4.60% , Stock dividend American 5-10 — . : 5-18 1 — ■> 6-8 Thorofare 5-25 1 t32yac (quar.)_4__'__M-u.__'—_ Atlantic Coast /-ice Co. (quar;)Lll— Atlantic Coast Line RR., common (quar.) Atlanta Gas Light, common (quar.). »,,'•■ :■ American. Bankers Life Assur. Co. 6-15 66- 6c (quar.) Power1 Co., preferred Atlantic , 6-23 Markets, common (quar.)——:•"% ».25c 5%-, preferred B (quar.) —— 3iv4c Time, Inc. (quar.!_ 75c Tucson Gas Electric Light & Power Co.— , 5-11 8 50c (quar.) Products Athey (quar,„)3,>, Corp;., common preferredj(quaj.)— 5% 6- 75c ;—r (quar.)—— Atchison, Topcka & Santa Fe Ry.-CO. . J 30c r 5-28 , . 5-15 $1.25 ^/.7-i.l• 6-15-. American Airlines,-Inc., common .(quar.),,,, • ;•. 25c 6-1 % «5-15 3(4% convertible preferred (quar.),: 87(4c 6-1 s 5-15 American Bakeries Co. (reduced.* j 45c ; 6-1 : 5-16; ■•••;.. 5-29 Texas American Aggregates ,, 7 Corp. (quar.) —35c Texas Fund, Inc. (quar. from invest, income) « * 5c 37 Va c t Gas, common preference (quar.) Water 5.25% . , 5-31 6-22 5-10 1 ' Steel Associated - , 6-15 50c 25c (quar.)—_—„— Alabama & Georgia Ry'., — Tennessee, 1 6- t30c (quar.), A , 5-31 7- 1 6- Co.— series Western Artesian 5-lk •' . 1 6- 6-15 ; —_— Talcott - r 5- 6-22 — 5-16 6* 1 > 5-25. 5-31 Corp. (quar.) Cork Co., common (quar.),,— $3.75 preferred (quar.) A10 Corp., 4^4% preferred (quar.) 5- 8 6-21 -- 6-20 Armstrong , 6-21 Co. common preferred Armco 5-15 6-15 -19c , 4.65% ; 5-ll V; 5-10 6- 1 v6-30 5-15 i2yac (quar.) Service Arkansas-Missouri Atlantic 5-22 7-20 - Ltd., conv. 5-14 5-14 6-13 5- 1 5-24 5-25 ;• , . 5-15 1 25c Louisiana Arkansas 5-15 6-1 6-1 5-25 1 12yac 5-15 . 5-15 6- 6- preferred (quar.)_ preferred series C 4.44% .1 : -75c —$1--7 (quar.)__ ; 6-1 6- 1 6-30 ;j' 6-15 V 6- 8 , (quar. )•_ ' 5-10 .3 12y2c (quar.) (quar.)— Inc. preferred 6-12 '3; % •; , Mfg. Co., coitraonj„„_-rt^ preferred (quar.)_ ; . 90c • 5-18 -,6-1-8 %• 6-12;; -," 6-12 > 6- 4 1 34 %c preferred, (quar.)__ Arkansas . 10-23;- -. 1 6- 3iy4c preferred series A (quar.),— preferred, (quar.)_ preferred (quar.) preferred (quar.) ; $4.35 , 1 8 6- c 3lVzc\ ' (quar.) Midland Public $1.10 7-23, , . 25c / 75c v 135c • —c—w_ — Corp., $2.36 37(40 ../** 6r- 9 1, 5-15 Almar Rainwear- Corp. ;(quar.),_—x 9c / ; 6-l-v \ 5-15 Aluminium, Ltd. (quar.) ; ; $l5c 16- 5 -''5- 7, Aluminum Co. of America,. common (quar.) ';. */ 30c / 6-10 .-f .5-18 '••> $3.75 preferred (quar.)______,___l^____^ 9'33/4C % 7- 1 ' V 6-15 Aluminum Co. of Canacia-,. Ltd,— 1....... V3.3 •?' • /•; • ».. > >■ V 4%. 1st preferred (quar.)—— t25c 6- 1 5-11 4(4>%. \2nd preferred (quar. •, t57c >5-31 5-11 8 6-15 tlOc dividend)—, 1 Co. .(quar,) Radio ;>} 7-23 7- 2 .. 37'4 quar.) $2.40 7-23 ' , • . . (s-a) Allied Stores, common ' $3.50 ,1 $1.40 preferred (quar.)w Supermarkets Operating (stock 4-—;- Pictures, Corp. Alpha Portland ——• , Allis-Chalmers 1214 c (quar.) T———:. (quar..), Ltd. - (quar.) 6- •; - Superior Propane, —$1.37(4 , Pools. $2.75 7"2^ .. 56- 6- * 6% 1 6-1 ;7- 2 i7-:2 - 7- 2 , 7'4c 1 6-22 5% (quar.)__ 20c Argus • --5-106-1% 8- 1. $1 Corp. Archer-Daniels 11- l/.- 10-23 11- 110-23 , 42 (4c Ry.— » 11— 1 $1 50c ,-t-— Hudson Bay v 8- 1, 50c . g, Chemical ; — Services, Inc— SI.20 1st series preferred (quar.) Superior Oil (Calif.)— - ——— » 8- 1 $1 dividend.) (initial-quar.) Arden Farms Co.,, $3 6- 8 6- 8 5-18 5-11 s 8-. 1 50c — - . . $1 —— (quar.) preferred Aleroma Food Suuer ; : : & Artists ' 8 Works— Products Radio Anthony a G-25.>.5-15. 6-1 "5-15 5-30 5-15 6- 14-30 6- 5 5-18 - Allied Finance 6-15 15c ,10c 13c $18c 62(40 3. (stock (Miami) $2.50 - 5-28 6-11 - , 25% Alan.Wood Steel, 5% >pfd. (quar.$1.25 Alarm Devices Mfg. (stock dividend)— ..,'.20% Aid, .-Inc. (quar.l ———/.22(4c 6 _ 6- withholding Anglo-Canadian Telephone, class Anheuser-Busch, Inc. (quar.). % ,' (initial Coupling Andrea 5-21,: .6- I'm * v Insurance Insurance Water $2.62Va -i —_— . preferred Allied Sunset House 7- 3 7- 3 6-15 •.•5-28' ,» pfd. (quar.$1.05 preferred (quar.)—... $1.15 preferred (auar.,) —, $1.23 Alabama^Tennessee Natural Gas (quar.),—„: ?0c 6 Sunray DX Oil (quar.)———————;—•-:? Formerly Sunray Mid-Continent Oil Co. Distributing Corp. (Calif. )— States Post Anchor 5- 4 •'%;6Vtdv;6-15 .■. Corp., common-,,— Allied (quar.)_—u—r--—_i—-.;v^t3%c B - 2% 25c : (auar.) Gas 5-28 6- (quar.) African (quar.)__ American Zinc, Lead & Smelting "V: v —^—• - 5-28 6- A - v ; : 5-11 6-15 class 4 6-29 7y2%) 5%, preferred . (quar.)—,* (quar.) 6-11 6-15 Ltd., $50c —,—<. — 6-19 1 4 5- Ltd.— (quar.)___ preferred (quar.) Arizona (quar.)—,—,——,—— % . 5-25 , 6-20 c *7- 2- 4.60% 5-25 11614c Publishing, Class, class 5- 5-24 J Investment, 5-10 5-31 60c preferred 5'4% ; Holders // : ."•'/€• : v; Ltd. Stores, Co. 6-11 — Stonecutter a ; —— Stock dividend n<5;-*15 6-13 5-15 5-22 5 (increased) split) African common 3,6% Payable of Rec: 5-23 ^-10 «. - 6-15 .' 5-25 4.92% 1 6- 7-. 2 c£ —— (quar.),: Alabama Power Co. 4.20%, 1 1 5 6- Tobacco Co.~ American common : (quar./—1. (quar.) B $5.50 6- - Co. (quar.)—;—— A Alabama 6-15 6-30 • Springfield Insurance Co., common 4/100 of . (quar.)— Co. Extra 5-18 1 66- 40c 20c American Title . „ When Share \ (stock dividend),—,. By-Products— B Class (Texas)— .. f: '*: V Ltd. ,(quar.)_,—. Refineries, Ltd.— Extra 1 • .—.—__ 'v., - . Power (quar.) Extra Electric Power— Southwestern Corp. A Class 6- , \ (quar.)'^—*,5c Prt cess Alabama 6- 6- 6-15 r"' Construction— & Reduction Air 5-28 6-18 10c Refining & (3-for-l to- South of tax 7-2 8-1 Per ' : v Paper,. Agnew-Surp&ss Shoe 5 (quar.) & Finance Aetna 5 . 1 8- -• dividend (stock and Class B Class A Class (quar.)— & 6-29 6- (quar.) (Subject New Addison-Wesley Publishing Co. (Mass.) (s-a) industries (quar.)___,_———- 5-18 6- preferred 1 2 Snuff 5-21 1 22yac (quar.) (quar.)_. Semi-annual - 1 7- .. interest Plastic & Smelting , American Adironaacic 5-10 1 6- 6-30 4.65% 66- 6-20 6-15 . ~ r Corp. Industries^ Aeroquip $2.59 30c 50c (quar.)——, 62 32C $1.12 Yi $35c share- held)—— Missiles Acushnet 5-29 6-30 preferred Soic 6-15 6-12 (increased)—„24c —— 27c 4.28% Quarterly .,!• 6-15 2 25c (quar.)_ preferred Southwestern 5% 7- 15c (quar.)——;—,,, 6-29 v':" •' - , Gatineau of Power Acme." Acme 1 30c preferred 414% 6- common (quar.) 30c (quar.)——$1.33% (quar.)_—_,,, $1.2614 CO. preferred 5%- 5-31 6-18 Gas, preferred 7-13 (quar.) J. —_—— -A.J20c $1.20 preference A • (quar.. J30c5% preference (quar.) —$$1.25 * 5-29 (quar.) (quar.) 20c Common 5-18 (quar.) Edison Co.— original partic. pfd. 5-31 t56y4c:- % ' a - Acadia-Atlantic-Sugar (stockholders approve Co. Gas Oil Fund each Abitibi 6-12 , 6-11 A. California 4.32% 6-29 5-21 (S. for- 5-22 5-31 (quar.) Laboratories 6-15 —- r- 6-15 3 6-11 split) Perrier Source 5-31 4% ' v A— French Smith's Transfer Corp. 6-15 (quar.)12(40 ABC Celophane Corp., class A (initial)_«.,_ % 5c ACF Industries 62Vic. w-6-15v (quar.) AMPr, Incorporated (quar.), .83/4c 6- 1- 5-22 5-31 7- -5c ; Mfg., & , l^Vac Co. Kline 7- . Vending C. B. A. 5-21 5-31 22Vac 10c 25c Shop Rite Foods (quar.)——————-— Sigma Instruments (stock dividend)——— Simms (T. S.) & Co., class A (s-a)——— American-South $1.20 $1.24 •• (quar.)— Company) ' Name of share (ouar.)_'—i Sharon Steel Corp. (quar.) Sheppard-Niles Crane & Hoist———A——__ Sherer-Gilleit American give . v Abacus Co. & we 6-15 ——-—2% dividend (John) Sexton American 5-31 Anchor (quar.)— Industries Seascn-all 5-31 the. dividends announced j in previous paid. The list does not-include divi¬ announced this week, these being,'given . in the Below 35c (quar.7yac Co. 6-15 (quar.)— common preferred . Plywood & Lumber— payment at this time Roebuck & $1.19 Rubber Seating Co. American No action taken on div. Sears Ltd., 432% dends Rv.____ of Shares American 6- 6- C) D. . it (quar.) & American 2 weeks and not yet —_ $1.30 preferred 5-31 , ;7/' beneficial 7- 6-15 1 6-25 20c $1.75 (quar.) Trust (Washington, Realty Payable of Rec. Sanitary— (quar.) preferred 7-12 , (s-ai Seaboard 5-15 preceding table. shares. (quar.) preferred A Savage Industries, Scott 1 6- 21c quarterly pay- to pay Southwestern Louis St. 5-25 7% $1.10 preferred preferred . Common American Standard Holders When Share Radiator & 12V2C (quar.) preferred (quar.4———— 4.80% (quar.)—_—4.96% preferred (quar.)— Witco Chemical (quar.)_^——------— Worthington Corp., common (quar.)_. 434% prior preferred (quar.) in that $1.06 »/4 6-15 4.76% the common on class 5% columns indicated Company would continue ' ; dividend old the in 7-19 6-15 - mailed about May on the common, is be 5-15 1 ' 25c „ Co.— two-lor-one .sX-lit. Power [j/ovt'ff a it. shares New 7- $1.38 .——— . 1 7- 10 c Bros., 4.40% v (ounr.t . 6- American 5-29 62V2C 6 6- 6-20 (quar.) pfd. 6-13 5%' preferred (s-a)— Wilson & Co., $4.25 preferred (quar.). Wisconsin Fuel & Light Co. (quar.) — Wisconsin Power-& Light Co.— - Machine Wilson 1 6- 6-27 ?50c $$1.06% —.— ;«:■ 3% Inc., class A (quar.),. 20c Common 1 6- 10c Whitin 8 5-25 8-15 lyc : common 6- 2 6-15 Name of Company of Rec. 2 7- Per Holders Payable (quar,)— 1. :—— Works (reduced) — Western Utilities Co Share Name of Company of Rec. Payable When Per Holders When Per Share Name of Company 13c 8%% t$l 4-30 5-28 6-18 5-24 * 5- 9 • Volume 195 Number 6161 ; . The Commercial and Financial Chronicle . Per Name Breskin Brillo of Company ' Publications Mfg. Bristol (quar.) Brass 10c (quar.) 9- 7- 6-20 2 4 Co.— Chance (interim). 30c 3% % preferred (quar.) British-American Oil, Ltd; (quar.) 6- Chase 5-17 1 6-2" 93%c 7-13 $25c 7-3 6- " ' American Tobacco Co., Ltd.— Registered and ordinary bearer (one shilling, one pence for the year ended Sept. 1961 British free of Petroleum Broadway-Hale Brockton Co., Brockton Taunton Brooklyn Union $5.50 Gas Co., preferred Gas Brown Company Brown & Brown Shoe 10c Budd ;; vestment Bullock's, ' : Agency, Burrard Burrus Inc. (N. Y.) (quar.) Bush Terminal Terminal Co. 5% Common 1. 5- 1 5- 4 6-1 5- 4 *'■ • Canada 5% Bread B Cement $1.30' preference Canada Crushed Canada & Canada 25c " fCorp., common Canada Canadian Canners Breweries, Canadian Class A ..♦•.? ' Ltd., class A (quar.) Ltd., new com. (initial) 1 preferred Ice Canadian -JSc com Trust— Investment ' Oil __:— Securities Machine, — 5% preferred preferred $$1.25 . 8% preferred 6% Ltd. Cannon common Class B & " . Co., Ltd.. (quar.) $25c (quar.)__j A Steel Carrier 4.80% preferred Maine preferred 4%% preferred preferred 4!/2% — (quar.) Ltd. Asbestos, F'ood Fund Rio 6-30 7- A class 7-2 7- 2 6- 6- (quar.) .... preferred Central Illinois New 4.92% South & Central Steel Central preferred (quar.)__; (quar.)_: 6-18 Can $3.75 5% '* Co., preferred :_____ . (quar.) (quar.) Oil 4-30- Continental Steel Corp. Co. (stock Coffee 5-22- 5%% 6-30 5-22 Steel 5.44% Century Certified 2nd Credit, Champion Co. Papers, common preferred (quar.)_ 7- 2 6-15 Corning Natural Gas Coro, Inc. (quar.) 7- 2 6-15 Coronet . 68c-' (quar.>_„___ (quar.) 6-15 $1.34% (quar.) preferred Co. 2 $1.19* (quar.)_ 7- $1.17 (quar.) preferred Industries Belt $1.04 (stock dividend) 10c* '-1V4% ; 7-2 6-15 40c 5-25 (quar.)_ 30c 6- _; $1.12% , 5-30 ! 6-151 Corson 6-29 * 7-16 Coty 6- Crane 1" (G. " 5- Crompton 5-14 7-1 6-4 H ), W. Company, Creole 8 & ■ii 6rl5 i.t Petroleum & 3%%' Corp. Knowles Corp. Crocker-Anglo National Bank Quarterly 1_ __1 $1 Donohue < 5-10 Dover 5-10 Dow 5-15 4% 5-29 Dresser Industries Corp. 6-20 7-11, 6-15 5-16 8-1 7-2 13c 7-2 8-1 6-1 6-1 7-2 5-11 22Vac 15c 50c 6- 1 6- 1 6- 1 5-15 3% 20c 115c 40c 10-31, 6-15 6- 1 7-14 dividend<. Co. ——.——__ (quar.) —____ (quar.) . , ' Enterprises, Inc. (quar.i_i.___—,— Co.,- common (quar.)__ 5.36% preferred (quar.)— 7% preferred 5-11 Dumas Milner Dun 1 Duncan 9- 1 Class 12- 1 6-12 5-19 5- 4 6-21 6- 1 5-24 5-15 5-25 5-25 5-25 5-15 5-18 5-31 40c $1.34 A 6-16 2 1 7l/2c 27V2c 25c class Inc. 8 9 25c Electric, 76666- $1.75 (quar.) Corp., Bradstreet. & 5-11 6- A (quar.) (quar.) class A Dunlap & Associates (quar.)_, Dunlop Rubber Co., Ltd. ADRS— (Final payment of 1 shilling 1 9 5-31 be B about 6-29 6-22 8 4-19 5-25 6-15 5- 4 6- 1 6- 8 1 5-15 Early 6- 1 5- East 6- 5-15 6- . pence 3/10c) Dynamics Corp. 5-25 5-11 6-15 7- 2 6-15 6-11 6- 1 6-28 4"c Power 5-18 5-16 5-16 10-12 15c (quar.) (quar.) S. A., (quar.) U. Ltd. 8 * 50c 30c 40c (quar.) Industries Drexel Duke (stock Ltd. Co. preferred 5-18 8- 1 ."ju (increased-quar.) (quar.). Chemical Drackett tlOc t8c 125c 25c (quar.); (quar.)__— (quar.) Industries Dover '■ 4 8 6-1 5- 8 5-23 5- 8 6-15 6- 1 6-14 6- 1 ■ 8 Brewing (quar.) 15c Corporation Dura (quar.) 10c Stock 5% 5-31 4-27 5-21 7- 2 ' 7- 2 7- 2 5-31 5-11 20c $1 5-25 6-1 6-15 6-15 7- 1 5- 6- 8 6- 8 East $1 mef. 6-15 6-30 5-31 5-31 6-15 5- 4 30c 50c 6- 8 5-29 5-18 5-18 Louis *nc (s-a)__ (quar.) Co. 1 — Power Ltd.— 6-15 5-31 $1.50 6- 1 5-10 15c 7- 1 6-I0 7V2C 25c 7- 2 7- 2 6-15 6-15 $1.75 $1.50 45c 8- 1 8- 1 5-25 7-6 7- 6 5- 4 t25c 6-15 6- 8 45c 7Vic 7tic 18c 22y2c $15c 125c 6-15 7- 3 7- 3 6-15 7-16 6-15 6-15 6- 5 6-12 6-12 5-24 /- 2 5-16 5-16 $0,424 30c 5-31 6- 6 5- 1 5-23 ?$1;75 (accum.) ft Interurban 6- 4 1 5-22 6-15, preferred Water— ' Eastern $1 9 Natural Racing preferred States 6- preferred . . , 5-15 5-25 5-10 5-10 5-25 (quar.) .► B (accum.) — (quar.) Co. Washing Easy 5% Machine Co. Ltd.— pfd. series A (quar.) Laboratory, Inc. (Delaware) 1st Economics — 4%% preferred (s-a) Economy Baler (quar.) Baler Ecuadorian Co. A (quar.) — — — common Investment Optional—cash Paso —- Hectric (quar.) Electronics Horn (quar.) Corp. Sault Class 5-10 5-15 common (accum.) preferred A 1 5-31 Inc., Assn. $7 Mfg. Gas— (quar.) Corp.—^ $6 Easton Economy 5- (quar.) Tennessee Eastern 5-18 5-10 Coal or Corp. Gas (Del.)— stock Corp Natural .-_ Co.— ^ Common (quar.) preferred (quar.)__ 4j/4% preferred (quar.) —___—.— 5'/2% preferred (quar.) 5.36% preferred (quar.) 5.50% preferred (quar.) $5 preferred (quar.) $4.87y2 preferred (quar.) 5.65% preferred (quar.) 5.68% preferred (quar.) 6.40% preferred (quar.)—_— 4.10% , 6-14 5-11 6- 8 6-14 5-16 (quar.)— 93%c 6-15 5-31 65c 6-11 5-25 Electric 30c 6-14 6- Electrographic 35c 7-15 6-25 5c 5-18 3lV4c (quar.)^— dividend) (stock preferred St. 6% 8 6- ' 6- 1 6- 1 6-11 6- 6- 8 200% preferred of America, Daniel & Kootenay 7% 6-15 30c (quar.) Corp.— convertible East 4-19 6- 1 5% dividend Co. Duro-Test * * 5-31 6-29 5-25 4 — ► Ltd. 6- (quar.) Bros, 20c 1-—: Coal .,. '< q 7-3 Paper Co., Ltd. (quar.)____ <R. R.) ft Sons Co. (quar.) Doughboy 6-30 .(oiu.• t40c Dorr-Oliver, Inc.; common $2 preferred (quar.) 6-11 tlOc Chemical, Ltd.— preference Donnelley 5-10 (s-a) (quar.) Donnacona 4 Industries Ltd. & Dymo Industries 33c (San Fran.) 12Vic 1 120c Steel! ft Stores. Tar Common 5-10 - , 4-27 (quar.)__i Dominion 5-14 1 (quar.) 6- 5-26 5-15 5-25 1 (q«ar.)— 6-20 . . (quar.) Dominion Foundries & Steel Ltd.—i Dominion 5-18 5-21 2% 8y2c -• 5-15 — preferred 5-31 5-31 Dominion 6- Inc 5-24 5-25 6- 1 7-14 5-15 .. 5-18 6- 4 5c Inc.__ Fund, Electrohome 6-15 / 6-12 6-15 5-15 5-15 25c Corp. 15c 70c t30c 6-29 Common 6-15 J 6- I : 5-18 5-20 6-15 6c International •, ,« J50c Products 3-31. 1 (quar.)_. 5-18 1 6-15 —t50c A 1 6- Dominion 1 5-25 6- $1 8 6- 6-22 30c 1 6-18 10c $1.50 50c (quar.) f3c , 1 El Class B 5-25 6- 5-21 —__ 6-22 6- 9 5-22 5-21 5-11 7-30 6- 5-22 ; 5-28 8 5-16 5- 5-21 10c ___4._ 6- " . 7 6-15 Dr 5-16 25c 6-30 5-15 6- Dome 1 5-16 Elk 6-30 6-20 1 1 t5c (quar.) (s-a) Investment 5-25 Distillery Ltd., class preferred Dobbs Houses. Inc. 6- 45c ^____ 6- 6-22 6-15 6- $1 dividend 6- 1 6- 8 Corby preferred Stock Diversified 25c 40c Oopperweld 4.75% i: 8 4-30 dividend)— 5-22 (quar.) 5-18 6- 7-16 8c t 5-15 5-15 6-15 25c (quar.) 1 6- 1 55c Inc. 6-15 6-15 L_ 5-7 1 25c Corp.-Seagrams Ltd.. (quar.)___—_ Divco-Wayne Corp. i_._. 40c 3% 5-22 preferred Forests, Eddy Paper, Ltd., — 6- 2 6-15 10- $1 Distillers Edi-on 6-30 4.65% Dierks 6-13 5-25 6-30 - 5-31 5-31 7-26 (quar.) Corp. (quar.)_ _ Copeland Refrigerator (quar.)_^— Copp Clark Publishing, common (quar.) 6% preference (quar.) 5-7 25c ! 1 34c (quar.) 6-14 7- 3 31V4c (quar.) 6-2 Dictaphone Corp., common .'. .5% preferred i._ .' ; Diebold, Inc., new com. (initial-quar.).—— 6-14 5- 5-7 25c (quar.) Extra 5-10 6-2 (quar.) Ltd. Mines, 8 34V4c preferred Dickenson -'. 10-19 25c ____. Crystal Salt Co. 8- (quar.) 4.15% 5-10 7- 2 t50c (quar.)_ 6- Cook Paint ft Varnish (H.) Diamond 6 tl5c (quar.)— (quar.) (initial) Co., common Alkali 7- 6 7- 1 6- 1 ' (s-a) Cooper-Bessemer Service— Diamond 40c (quar.) Public Dialight Ccrp. 5-21 5-15 7-5 10- 1 (quar.) Corp. }$1.30 preferred Vermont 5-24 Edison Steel 6-15 45c 93%c ;_ ___: (Toronto) (quar.) 5-22- • Detroit 1 7-9 10- 3 50c $2 Y.) (N. 6- 6-11 l%c U-—- (quar.) — Insurance Co. 6-30 $1.25 Detroit 5-21 6-1 5-15 (quar.) Co. Corp. 5-10 5-14 5-11 —_ Stock Yard 5- 25c — (quar.) Life 6-30 $1.37% __. (quar.) - (quar.) 33y4c (quar.) De-Sta-Co. 30c 1___. Copper & Steel Industries— preferred Supply 5-14 . 6- 1 7- 2 ________ (quar.) common Union 5-14 5-14 lV4c Debenture stock 5-11 1 1 6-1 6- 1 7-2 15c Limitee, class A common Mines, Ltd., common Mfg., class A (quar.) Voting 5-11 70c !_____ common Continental Cook Dennison 6-15 66- 5-28 J 6-15 $1.12y2 $1.13 $1.04 (Chicago) Continental 1 Denault Denison 40c (quar.) Assurance 62'/2c (quar.) 5-15 8-15 11-15 t5c (quar.): . 30c Corp. (quar.) 5-15 35c quar.) (quar.) - 6- Estate 5-15 UOc : . 16%c — Inc. tl2c (quar.) Ltd Corp. of America, common preferred Continental 6-18- 6-13 22c* DeMun Eagle-Picher Paper preferred 5.48% 4j/2% 5-18- 5-31 25c __. common (quar.) (quar.) preferred Central Chain 27c Co. Continental 5-15 Co.__ 4% Water Continental 5-15 preferred 5.44% ; » 1 $1.35 5%% Container 1 Airlines, Quarterly 6- — ___ Turbine 20c 10% (quar.) 1 6- Wire & preferred 8* 6-30 , 20c common $4.52 6-8 & (quar.) (quar.): $4.16 6-30 Steam 1 - ? Power, preferred preferred 6- 6- Corp. Powfer Glass Consumers 6- $1.12 y2 Telephone Co., (increased 7- $1.34% preferred A Coal $4.50 6-11 (quar.)—___— C (quar.)______; (quar.) 6- 6- 30c ; Petroleum, 1 22c 93%c 93%c 97%c " 50c common B 75c "r 6- (quar.)__ Light, Company Durion class A Ltd., West 6-22 $1.23 Theatres Water, 41c $1. 5-19 5-19 Ltd.— Mills, (s-a) Consumers 19c & 6-15 (quar.)— (quar.) 5 (quar.)__—__________ Duquesne _— Textiles Consumers - 5-17 (quar.) $2.50 B 5-15.. Service— West Class 5-22 2 Products dividend 6-'5 7-2'. Rock 6- 10c ft $1 (quar.)_* Corp. 6-20 (quar.) Deltown Foods Inc. (quar.) Del Monte Properties (quar.) 8 Mines, preferred (s-a) 5-31 $1.16- 20c * (quar.27y2c Corp. 20c A Drewrys, 25c Foods 1 (quar.)___r__-_____ Cigar: Corp. $50c Y.) (N. 6- preferred preferred 3%% 3.90% Delta , Industries Corp.—- Consolidated 6-29 (quar.)__ preferred Central - 6- 7-20 6-15 6-15 5-31 6- 1 6- 1 6-15 9-15 12-15 -7- 2 t5c Consolidation 6-29 - 1-10 - 30c $1.43 7c — Co. 6-11 —a— preferred DeLaval Securities Standard Consolidated - 5-15 5-31 8c 1 3 30c (quar.) Power 6- 1 6-29 t50c 150c t50c ^25c — Edison Consolidated 8-15 $1.12J/2 (quar.)— preferred 5%% 1 (quar.) preferred 4.50% (quar.) (initial) common preferred 5% 5c (quar.) Public Stock 5-15, ' > . Deere 10-10 5-25 20c .__ Diversified Consolidated 8 - 4 7-10 , • 5 12- Mines 3%% 2". Quarterly 8 1 Dayton G. 5-25 / 6-5 12-28 Pepper Co. (increased-quar.) 17Vic Mines, Ltd. (quar.) tl7%c Dominion ft Anglo Investment Corp., Ltd.— 5% preferred (quar.) t$1.25 Dominion Dairies. Ltd„_5% non-cum.. pfd__ .t44c 1 _________— Consolidated 7-27 W. Day 1 • ——— Consolidated $10c or i Semi-annual 5-15 Mines D. 5-. 4 2 • -12Vac (quar.) Cigar Corp. (quar.) Discovery Yellowknife Consolidated Laundries 6- (Toronto) ; (s-a) • 6c —1——— Assn. o-15 7-19 $12y2c„ stock)__ Ltd. 6-8.. 1 9- ., 1 Quarteny Quarterly Consolidated 6-8 5-31 V. 5c, Ltd Central Illinois Light Co., common 4j/2% preferred (quar.) 4.64% Life Consolidated Electronics 6-v 50c 9- 666666-15 6-30 , ■ . — (quar.) preferred Consolidated 5-15 2 (quar.) 6- '6- 6c common Consolidated $10c 1 (optional-cash Oils, Corp., 5-15 5-31 $1.12% 1. ' 5-7 : '" ——; 5-25 1 < Trust (initial-quar.) • of Puerto Rico, Inc. Realty 5-21 5-31 $1.06 V* 1 $1.12% (quar.)__ Products, Centennial Central-Del $5 6- Life 5-18 . 6-8 ; $1.50 (quar.) common (quar.) Extra 4% 4 6-10 $5c Cassier Cateili 6- 5-21 $1.15. (quar.)___ preferred ,. A 6-30 10c General Public Consolidated 1 87y2c (quar.)___ Pine,. Scott & Co., ' 1 40c (quar.) junior .5-17 60c, j„__T (quar.)____ common 4.60% preferred 5-17 6-12 56'/4c (quar.)_ 6% 5-17 6-12 40c ^__ (quar.) Power, preferred Conv. 6-15 .' 6- ft — Mills 4% 5-31 5- 30c ____, 3.50% Carson, Cone 1 6-?0 • income) Insurance (Louisville)— —_— . 7-2 : 5c _ Central . 4-30 50c (quar.) Corp., common (quar.) preferred (quar.) 4%% 6- ' — __— Service, common (quar.) " 5.72% preferred • (qua?.) Composite Bond ft" Stock Fund (quar.)___ 6-1 1 invest- ______—.'i'l— Quarterly Community 6-1 2 (quar.)— (from Fund International Quarterly ?. 2 (quar.)— Commonwealth Theatres , 6-15 5-15 5c (quar.) (quar.) E.) & Co. Steel (quar.) Carpenter . . —. investment Commonwealth . 5-31 8c (L. income) (from Commonwealth 5-15 • 10c (quar.)___ Carolina Casualty Insurance, class A Carolina ment 35c -10c 115c . 25c 20c 20c 40c (quar.) Stamping Co. Income -.Fund 6-12 7- 75c Corp. Carpenter Commonwealth • 5-15 Class 9- 6-30 6-30 isoc .t, Credit 8 (quar.) (quar.) Shearing ft 6- > $15c (extra) class B Commercial Confederation $60c 75c Co., Class Ltd. Commercial 7-2 .$$2 . (quar.) Gown Carlisle 1 V 7- Products Enterprises, • $$l Westingnouse Cap . 7- 3 ; (quar.)__— (initial) : ^ Plastic ' ; . System Columbus Ltd.— Canafund Co., Mills, * L — 6-5 2 5-18 - : 7-5 7-5 10- 5 5-18 7-1 6-1 6- 1 7-2 2c . 2oc (quar.). common 50c 5-25 31V4c .'-6-30 $1.25 ^ 7-1' $1.33% " 7- : Combined Locks Paper, class A 5-18 1 6- —i. (quar.j_ Combined 5- > 6-15 $$1.25 participating preferred-- Canadian Broadcasting , (quar.)— common preferred (quar.)__ .preferred (quar.) 5-31 ^ (quar.)_< Petrofina. non-cumu! • $20c (quar.) (quar.) Canadian 6- , $35c A (quar.V^ 4% Gas, 5% • Ltd.—• Cos., 7- 3 $20c e class Interstate (s-a)__i_——_c." Service 5-31 r 1 1 Insurance Columbia > . (quar.)— General Canadian 6- 6- A Commonwealth (quarterly) Canadian * tlOc preferred -5.35% ^ tlOc .____: 5-11 50c Iron— Colorado-lvnlhng ft Elevator . Ltd.—... Electric. Co.^ Ltd., International • , 6-1 1 7- ft 5-25 5-31 6-21 6-10 ' 6-30 6- 1 ' 5-31 6- 8 ;"'6-29* 6- 1 6- 1 6- 1 62V2c 68%c (quar.)——— 5-11 .. . 7-3 7- (quar.) _^— B (quar.)——. (quar.)— common 6-1 - 1 t9c __i— Stone Inc., Colorado 6-1 f39%c Fuel 12c V 5% (quar.)__ 6- 9 7- 5 5-11 , A 6-12 , 4 6- 5-25 40c Class 6-29 6- 1: 6-1 6-15 60c $13.25, —_ i_Ji—_1— 5- 6-20 15c .: i—:— Curtiss-Wright Corp., Class A (quar.) 1 Dentist $1.12% ' 87y2c 50c 20c (quar.) dividend Denver 7x/2c 7J/2c 15c 50c 62V2c Colorado '6-15 7-2 tl83/4c 1 6-15 6- ft 5%%' preferred V5-15 - Fund, Inc,— investment income Common — Corp. preferred ~ (quar.)_. preferred- (quar.) 5% 5-10 1 . 5% . 5-18 • 7-1 J$2 ' Sahd Stores 4%r Colorado 8 6-1 t31'/4c net Canadian . . 7- Colonial • 5-18 7-1 ' t$1.10 (initial) Canadian General 5% 25c , Fairbanks-Morse, (reduced).— Canadian . (qua?.)——' Colonial , 6-15 5- (quar.) $4 preferred Acceptance Corp. (accum.; Corp. of America (quar.)_-i.__— Colonial ► 6-15 -6-20 Co. preferred From 3 5-31 $25c i___ Colonial 1 3 7- J25c Co.__i_— Canadian $2.20 7- $62y2c $l.06y4 > ' ; '___ (quar.)_ Arena ^6- Stock 5 Mines, Ltd. (s-a)— ' t7c Corp. . (quar.)__ J——15c Colgate-Palmolive Co., $3.50 pfd. (quar.)—_ 87%c'\ Collins 6c Aikman Corp. (quar.)_i —_:i_ 20c .. 1 Press 5 Cole National • ) 6-27 6- 6-15 tlOc * __ Steamship Lines, Ltd.— preference Canadian International 7-13 7-27 ______ (quar.)-: preferred (quar.)— - ,6-1 7-31 . A 4.40% CP., 6-1 " Cunningham Drug Stores Curtis Industries, Inc, 7- •vCochenour Willians Gold ? 1 12J/2c -;(quar.)______ (quar.)—; Safeway, 5-25 6-15 * Stone, class 4 5- 5-25 •. 9-17 Cuneo . Coca-Cola 6-15 (annual)— (quar.) — Coca-Cola ' 27c., 27y2C t32y2c Flooring, Canada 5% Gut « ,'c 6- 6-15 > • (quar, & C- 9-28 7- . 4 _ preferred Canada .6-1 „6-15 $1.75 30c Equipment Co. (quar.) 2__I—___ Electric. Illuminating Co.— • $4.50 preferred '(quar.)j: —i— Cleveland & Pittsburgh RR. 7% gtd. (quar.) 4%-special gtd._J_ 11-15'- ",6-15 Ltd._*,_/.,~f~n lu tlOc'V-6-15 Dominion/rSugar__4,__£:iiiL_(_'^I__' ' t25c ' 6- 1 Dry .$4.25 common common • 8-15 (quar.) 25c (quar.) Cleveland • * flOc _!_____ (quar.) Co., 5-15 12- 1 25c Mines, Ltd.____ Co.; Ltd., preference Canada '' pfd. Corp. "(quar.) :___. Controller Co. (quar.)_:.____; - preferred 7-15 32y2c $1.25 17y2c —— (Chattanooga), 5%' Clark , 5-15- ' 25c (.s-a)" Lake 1 22y2c (quar.) Machine 9- .'22c convertible-.preferred (quar.)i_u__:?__ preferred ;(quar.)_________, 5%%. peferred (quar. Red 1 (quar.)_. 5-24 6-18 1 11- — Finance Clark ; ' .5-11 • Corp. Products Civic * 5-15 1 1 ,.•> - .___ 6- 6- ; City - 5-8 6- 9 7- 2 Cyprus lc 6-1 40c 8-31 20c -__i t30c $1.75 1 6- _____— B -City Water 6-22 6-11 • 31%c '. 5-25 6-15 -6- 31>/4c ; ?31%c 5% Campbell *. * Class 5-10 (quar.) 6-13 --• • 6-15 > (quar.) 5-16 1 $1.05 (s-a) 6 : . Machine & Coal (quar.) preferred . - 7-20 35c ' ; 6-15 : 6-30 ; 5% 5.40% Campbell 6-30 2% V - f , 6-15 25c Co.-"'(quar.)____:__________;._ Utilities,: com.", (quar.)__;" preferred •. 6-29 $1.12% '____• Co.— ! 5-11 : Rivet 5-16 6-15 6- 50c pfd. (quar.) Sugar Co.— 6- 6-21 9-20 11-21 $1.25 $1.25 $1.25 6-15 Inc. Forster American 7- RR. /. 50c (quar.) $4.20 6- .■ 5.22 11c; dividendl .. 5-4 10c Pacific & 5-18 (quar.) Corp., Pass 6- 1 7% 6-30 ..... 4 6- * 5-4 California-Pacific 5% S 5-18 6- Detective Paul (quar.)— A ft 7-14 12'/2c 7% - 6-8 ________ (increased quar.) ___! Ink. California 5-10 - (quar.)__;._ Power 1 6-1 (quar.)_— Electric 5-8 6- 1 St'. (quar.) Nest Crum Cuban 7-14 1 " , '5-18. ? 6-1 6- Milwaukee, A preferred 8- of Rec. 8- 1 15c preferred Zellerbach Crow's 5-11 .• • ••. • prior , 5-11 , . isc Hat preferred 5-17 > .• $2 Crown ' 5-11 6-1 (quar.) — 5-17, , $1.12% Corp. (stock dividend)__ Byllesby (H. M.>, 5% pfd. (quar.)_L_ .J 5% preferred (quar. )______ California 1 1 ' convertible 4-30 6-15 6-15 6- 5 ; 6- 1 Chickasha Cotton Oil (quar.) « 20c , 6-15 Quarterly 20c , 9-18 Chrysler Corp. (quar.) 25c, 6- 1 Churchill Stero Corp. (quar.)—— ' 25c 7-31 Quarterly ;i : 25c 10-31 Quarterly : 25c 1-31-63 Cincinnati Enquirer (incr.-quar.)__ 30c 6-27 Cincinnati Milling Machine, com. (quar.)— % 40c 6- 1 : 4% preferred .(quar.)i__ :_i; :— *>$1 6- 1 Cincinnati, New Orleans &s Texas Pacific Ry. '[■ 5% preferred (quar.) $1.25 6- 1 5% preferred (quar.) $1.25 8-31 5% preferred (quar.) — $1.25 11-30 Cities Service Co., common (quar.)__-?_ 60c 6-11 $4.40 convertible preferred (quar.)—__— $1.10 ~ 6-11 Citizens Casualty Co. (N. Y.), class A 10c f 7-15 Is. . ; __ (stock .(6- 5-31 4 $1 ___■_ Buildings Bush T 66- ; 87y2c (quar.)____; 4%%" preferred (quar.) Burroughs Corp. (quar.). Byer-Rolnick 6-15 25c Dry Docks, class A Mills, Inc.; common (quar.) common Holders Payable 15c ;__ (quar.i—: 5-25 25c : Chicago Title & Trust Co. (quar.)_____—$1.25 Chicago Yellow Cab Co.__ I 12Vuc. 5-25 6-15 25c ,_ (quar.)__", (William) International Corp., preferred Chicago 5-15 * $1.05 (quar.) 7V2c 25c . $1.06 $1.18% (Increased-quar.) J25c " (quar.) Burndy Corp. Burns 6-1 . r 5-11;' 6-1 , , I0c . preferred 2c inc.) 5% preferred A (quar.) Chicago Musical Instrument Co.— 5-15 1 40c -Gold Dredging Ltd. (interim)______ Burlington Industries, common (quar.)__: 3%% preferred (quar.)_______ _______ 4%- preferred (quar.)___ preferred 1 5% in- Bulolo 4%% 6- Class > 5-15 35c Inc., (Del.)_________ 4.20% investm't (from Co._. preferred Chicago, ; <; • 7 5- 10c net Gas Mini $2 5-25- . ' . 5- 1 / $1.25 from Boston of 25c —,__ 6-18 * 45c. (quar.)_ Ltd. (quarterly income) 1 6- 15c Fund, 1 6- - 20c __________ Buffalo Bullock 7' 6-1 15c , (quar.)—___ Corp. (quar.) Pipe Line (quar.) Company, common preferred (quar.) .Forge Co $5 5-15 1 70c Co. Drug Co. 6- 30c (quar.) Brunswick Buckeye " ' .(quar.) (Charles) Co. (quar.) Bruning Brunswig 5-15 95c _______ Sharpe Mfg. Co. 5rl5 6-1 $1.37% _____; 4-27 6-15 (5-31 $1.37. , __ — Crowley's 5-23- '$1.12% 7-15 Chesapeake & Ohio Ry., common (quar.)— $1 6-20 3j/2%. preferred (quar.) ",87%ci8- 1 Chesebrough-Pond's Inc. (quar.). ______ 25c 6-22 Chicago, Burlington & Quincy RR.' • • ■ i $2 . 6-27 4y2% , 70c _ (quar.) - 20c ' u—...c 25c $3.80 pfd." (quar.) Co.— A 6-11" ' (quar.)__ (quar.)______ Fund 45c preferred (quar.) 4%%., preferred (quar.) _________ Chenango & Unadilla, Telephone—' (final) preferred :__ (quar.) Class 5-15 6- 1 6-14 6- 9 5-31 6-15 6-10 6- 1 75c 4V4% tax) (quar.) 5.60% preferred income Ltd. Stores Edison, 5.48% British — (quar.) Co. B.) Chemetron ' 6 (A. Cnattanooga British 30, Refining Co.— Oil 6s preferred (quar.) Champion Spark Plug Co. (quar.) Co., class A B (quar.) When Share Name of Company Crossett $3 1 6- Share 15 Per When Holders Payable of Rec. Per . of Company Champlin 6-15 15c __ 9-17 " .' . Name Payable of Rec. 25c _ ____ Corn, Bristol-Myers Common ; Holders When Share (initial) (2387) Storage 32Vic $1.02V2 $1.06% $1.37% $1.34 $1.37% $1.25 $1.21/8 $1.41 % $1.42 $1.60 _ 6-30 6-1 6-1 6-1 6- 1 6-1 6- 1 6- 1 6-1 6- 1 6- 1 o-15 5-7 5-7 5-7 5- 7 , _ 5- ; 5-7 o- 7 5-7 5-7 o- 7 Battery Co. (quar.) 50c 6-15 5-18 (quar.) 25c 6- 1 5-15 Corp. Continued on page 52 Financial Chronicle The Commercial and . . Monday, May 21, 1962 . (2388) 16 York Stock Exchange Stock Record from the New YEARLY RANGE OF WEEKLY VOLUME OF TRADING PRICES DAILY RANGE OF FOR EVERY LISTED STOCK SALE PRICES Range Since Jan. Year 1961 52% Jan 75 3 17% Sep 25 47 May 15 55 7 69 Jan 15 Apr May 10 21% Jan 61% May 14 75 y8 Feb 24% Jun 5 14 33% Nov 22 28 43% Apr 17 109 y4 Oct 6 3 17 Jan 3 24 % Jan 3 21% Oct 3 • Mar 14 EXCHANGE 10% Jan 3 3 90% Jan 36% Apr 2 9 17 Aeroquip 18% Apr 18 Air Control 84% Mar 15 Air Products May 14 73% Nov 16 86 y2 Dec 12 60 6iy8 Nov 29 84 18 53% May 11 3% Nov 24 Jan 7 4% Feb 19 26 40 y2 Mar May 18 35 32% Jan 3 12% Jan 3 41% Nov 20 V* Aug 9 9 37% Dec 29 45% Nov 29 30% May 14 88 y2 Jun 8 Dec 11 91 9% Sep 8 15% Apr 4 32 % Jan 4 53% Apr 4 30 May 11 41 Jan 7 May 11 48% Jan 2 19 ■X 93 50% Sep 3 35 Jan 40 Jan 6 89 Dec 12 2 66% Aug 3 16% Dec 21 36 % Jan 3 52% Apr 11 Oct 3 Aug 11 14% Sep 28 21% Apr 19 Oct 25 98 Nov 17 26% Oct 26 58% Apr 30 66% Feb 6 3 81% Jan 3 24 12 30 20 26 19 37% Oct 119% Dec 2 19% Oct 23 98 % Sep 22 Jun 20% Feb 7 27 Va May 17 18% May 10 130 104 May 31 Apr Amer 1 Mar 31 23% Jan 16 4 American 29 American 59 28 Jan 12 65 Jan May 18 30 May 18 New Apr 6% ' V 7 58% Sep 15% Jan " 6 17 I 46Va Jan 11 51% Jun 4 5 4 American Bosch 25 American Brake Shoe Co 4 34 Va Jan 28 4 39 Va Jun 5 38% Jan 2 42% Jan 3 53 Jun 7 '46% May 1 70 % Jan 6 97% Mar 28 36 Jan 73% Mar 15 88 30 19% Jan 3 25 % May 12 20% Apr 18% Feb 7 29% Apr 40 Feb 2 59% Jun 8 17 41% May 11 84 Jan 4 93 Oct 2 84 39% Sep 29 50 Mar 20 29% Jan 20 57% Jan 3 20 Va Jan 1 May 14 Mar 20 10"% Jan 8 May 14 39 63% May 9 47% Dec 6 44% Jan 8 37% Mar 13 23 30% Feb 13% Oct 4 23% Apr 28 17 8 Va Jan 4 12% Apr 18 9 Dec 29 28 89% Sep 14 5y 23% May 14 40 3 Jan 79 1 May 16 8 Jan American Home Sep 26 35 Apr 26 33% Feb 8 American 13% Jan 6 20 Nov 21 17 18 19% Feb 13 American 3 28 Va Nov 22 21% May 14 24 Va Jan 5 American Jan 31 42 Va Jan 2 105 99 Va Jan 9 36 Va Nov 30 81% Oct 24% Jan Jan Mar 20 101 May 24 104 26% May 14 63% Apr 20 13 86 Va Feb 27 83 3 39 Va Dec 14 29% May 1 13% Jan 3 16 Va Jan 2 1144% Sep 19 20% May 16 61 Nov 22 52 Jan 86 2 60 % Apr 19 American 30 % Apr 19 4 American May 14 53 Apr 23 American Natural 33% May 2 59% May 18 46 Jan 2 American News 20% Mar 20 32 Va Jan 41 54% Jan 4 American Potash 18 % Jan 25 American Rad 8 45 Va Jan 19 49 Va 54 Jan 18 81% Dec 4 29% Dec 29 46% Sep 13 41 Jan May 17 142% Jan 2 152% May 16 21% May 18 30% Mar 15 50% Mar 3 136% Jan 3 60% Jan 3 146 % Nov 93 40% Feb 7 American 18% Jan 17 8 65 20 142 Jan 2 152 Apr 24 78 Jan 9 92 Feb 27 28 119 Aug 3 127% Apr il 18 Jun 23 27% Jan 10 76 Feb 28 107 % Nov 14 28% Jan 3 37% July 26 11 34% Jun 103 % Jan 3 139 % Dec May 15 122 Jan 3 20% Feb 27 76 % May 15 !■ 33 May 14 5 13 113 Nov~22 127 Jan 2 51 % Jan 4 32 Jan 11 May 14 34% May 18 Jan""_3 Jan 3 131% 63 27 4 28 Nov 30% Jan May Sep Apr 7 5 4 19% Jan 1 27 Oct 26 29% Jan 25 Sep 18 21% May 18 28 Va May 23 30% May 133% Apr 8 11 7% When 13% Nov" 21 4 22% 8ep 22 19 May 11 51% Nov 27 34% May 5 0% 93 Va 24% 24% 24% 25% 5,300 37 35% 36% 36 36 % / 36% 37% 23% 23% 23% 24 23% 24 23% 24 56 % x56 % 57 % 54% 56% 54% 55% " 54 % 54% 36,900 18 17% 17% 24% 25 7,400 108 49,400 17% 17% 25% 17 % 26 i 17% *17% 25 17% 25% 26 % 24% 25% 102% 106% 104 Va 103% 26% 25% 26% 25% 25% 19% 19% 20% 19% 19% 104% 104 110 26% ■27 ,27% 61% 62% / 48% 24% 48% 15 Va 16 % / "49% 49% — . — ' — % 6,400 - 30,900 > • 18,400 24% 2,100 ■ ___ ' : 49% 15 .Va .-15%. .. .'V 49% /i» 48 Va " 200 30 30 / 63. *62% *62% ...63 - ; 31% *30 , 62%-. -15% ' — 1 106 *101 Va 25 1.400 19% 19% 110 24% 31 Va 62 % .• 25 24% 19% 19% 61% *30% 31 15% 15% , 61% ' 61% *29% </, 63 106 25% *25% 26% • -.62% * *69% * 31 24% /: • <•■ *101% 110 *101 Va *101% 110 t 107 x34% 36 .:■/.< 35 1 42% >44% 43% 41% 41% ' 41% 47% 48 47% 73% ;.;-75% 74% 22% 22% , 22% >29 29% '. ; / 28% ^41 %■ 43 *40% *89% 90% *89% 44% 45% - , 45% 42% 43% 42% 65 66% 60% 51% 52% 51% *31% 33%; *31% 17% 18% '17% , . 9'/a 10 1.■■'.■10% " 68 ;./ "48% 48 50 12,400 15 Va 15% 5;ioo • . 24% 23% . 35% 35% >35% 43% 44% ••43% 41 % 36% 44% 41% 47% 76% 22"% 28% 42% 90% 45% 43 66% 52% 32% 17% 41% 41 28% ■40% 42% 8,000 , 2,000 100 41% *89% 90% 90% 90% 10 44% 45% '44% 45% 47,400 *42% 42% 42 42 66% 66% 66 % 66% 3,500 22,400 50% 51% 13,300 49% 52 31% 31% *31% 17% 177/a 17% 10 9% P." 100 32 17% 5,700 10 97/a 9,900 34% 34% 34% 3,400 67% 65% 66% 66 67 Va 38,900 25 24 Va 24% 23% 24% 43,300 "25% 35 17 17% 18 17% 21% 22 22 Va 22% 100 1.75 *102 Va 103 Va *102% 103 Va 26% 28% 28% 29% 103 Va. 103 Va 28% 17% *17% 17% 21% 22 22 '■'/'/ 17 Va 1,100 17% 6,000 ,22 % 21% 20 105 29 Va 27% 28 86 Va *85 Va 32% 32% 33% i7 16% 17 27% 27% 28% 2,800 16 28 29% 34% *103 Va 15% 15% 53,600 27,200 104 Va *103% *85% 86% *85 Va 86 Va ;. *85 Va 1 32% 33 32% 33% 32% 33 Va x32% 16% 16% 16% 16% 16% 16% *16% " 86% 4,800 -,f" 28% > 66% 35 17 *85 Va >■•;, 22% *40 •, 24% * 21% - 75-- 22 % *28 . -1,600 2,900 48 '<74 22%. 28% 22% 14,800 34,200 V. 41 48 76% 74% 35% " ; 44% . 47% 47% 10% 1 7 78,3u0 86 Va ... 27,400 3,100 - 300 15% 16% 16 16% 46% 47% 47 % 47 Va 47 47% 46 % 47% 36% 36% 36% 35% 36% 35% 36% 35 Va 36 % 61 % 61 % 60 % 61 60% 60% 59% 60 Va 2,000 61 24% 25% 24% 25% 51,400 24% 25% 26% 25% 41 Va 43 Va 42% 43 42 42% *41% 15% 16 15% 16% 15% 16 Va 15% Sany com 21% *' 84% 8% 28% - preferred.lOO 1 — American Tel 5 American Tobacco 19 Viscose Water 26 Apr 16 Preferred 11% May 15% Feb 15 Mar 30 45% Jan 54 25% May 33% Mar 29 American Ametek AMP 6% 5% Zinc 14 % May 10 20% Jan 4 3 25% May 14 37% Jan 15 29% May 18 37% Jan 2 Amsted 65 Anaconda Amphenol-Borg series 44 Jan 3 43% May 14 52% Jan 4 33 Nov 20 44% May 22 30% May 14 37 Jan 4 Anaconda 2 45% Apr 4 33 May 10 37% Jan 4 Anchor 90% Jan 13 92 Jan Jan 17 93% Feb 48% Nov 10 37 17 40 95 May 16 49% Feb 9 Anderson Jl% Nov 15 26% Nov 30 15 May 10 May 1 24% Feb Apco Wire & ' 21% *27% *25% *24% 25 „ 1 0o Clayton Corp__— Co - No par 6.25 No par & " J ,_21 80 '... 1- 117'% 4 37% 38 36% 35 57% 22% *27% *25% *24% 12% 48 22 % 28 ■ 59% 122% 38% 130 57 130% 57% 26% 25% 27% 31% 45 31% 44% 32% 45% 31% 45% 31% 31 31 32% 33%" - *94% 4015% 95 41 15% , : 34 *93% 40% 15% 22% 28 25% 25% <*22 *27% 25% *24% 22% 28 30% 43% 26% ,15% 26% . 36% ,.35% 118% 37% 38% 329% 130 30% 1 Electronics Corp„1 Glass Corp / 35% 36% 35 35 118% 121% 87 28% 29% *132 134% 25% 26% 79 79% 25% 25% 14% & Cable *83 *132 134% 25% 26% •' 76% 79% 35% 35% 26% 25% 85%» 28% 12% 48% 26% 15 26% 12% 47 % No par Inc 28 22 Va 34 % 34% 14 14 60Va 62' 150 ' 150% 13 47% 26% 15% 26% Smeltlng—1 shares preferred Oil 5 25 Co Hocking 37% No par Leaa Industries 33% Feb $4 series 28% 129% 131 56% 60 ' 25 Co com series endorsed Ampex Corp - 113 luo 25 Corp Works 5%% 33 6.25 common Inc Inc 21 8 &, preferred *82% 80 % 79 ..35 33% Tel Co 2 44% Apr 134% Feb 84%"' 152 Va 22 23 . 34 13% 13% - * , 61% 62%/. 150 150 • *132 .134% 25% 26% " * X152 Va 152% 33 13 61% 150 150 " V 25 common— 32% / 12% v " 61 _10d Co 22% 22 32 10 Co *150 152% ♦150 100 & Develp'm't Corp 1 African Inv Co Ltd__£l Preferred .26%.' 22% Chem Std 25 25. Mar 28 < 5 & Co— 27 xl5% 16 Va 46% 60 * Stores 25% Mar 19 27% 36 Sugar Refining com American 27% No par preferred American , 26% 45% American 61% Mar 23 26% 15 Va 1.66% 10 No par American 6% 53% 26% 26 % 25% 3 7% 53 52 52 < 2 17 93 Va 25 36 Va 47% 2 38% Dec page 27 94 24% 23 Va 15 43% Mar 27% Apr 58% Apr see 200 *93% 10,700 63,300 61 36% Apr 3 footnotes, ' 94 94 24% 36% *62% 99% Jan 17% Sep 25 30% NOV 1 For *93 80 25 *93 93% 24% *29% l non-cumulative 25% Jan 23 27,900 19 Amer South 27 % Jan May 22 18,300 18% 35% issued 23 34 % Jan 13 Va 18 66% Co_ & Snuff Preferred Jan 12% 18% 34% preferred American 8 14 86% 13 18 % 93% « Gas Seating Jan FeD 86% 86 18% 25 Ship Building Co—No par American Smelt & Refg com_No par 29 27 74 1,900 4,000 10,700 64 18% 17 % 28% May 18 136% Jan '- 7% 18% 24 7/a American 58% Jan 72 % May 18 < 40% 7% 17% 24% preferred May 14 32 26 % Mar 21 54% Jan 7% 12% May 14 9 3 13 *40 8 Equlpm't Co_No par Amer Research 42 % Mar 10 Jan 41 Amer Photocopy 8 33% Jan 121% 2 15 V4 Jan 146 15 15 40% 7% 54% Co Corp Optical 2 3 15% 40 34% No par Co American 21 19 *15 8 2 Co_ Motors Jun 28 15% 40% V 1,200 78,500 1,000 18 Va No par 17 Va Nov Dec 42 63% 65% Inc_ New 62 12% Jan 16 May 18 Meter 2 73% Jan 50 93% 19% • 3 139 Va Sep 25 Aug 18 17% Jan 19% 41 22 % _]00 May 14 3 20% 42 Va 93% *92 12% 35% preferred 3.90% Climax 21% Apr *92 20 41% 14,400 62% *85 33% Products 55 % Dec 100 8,300 43% 8 63 % com Metal 28 34 American Metal 30 49% 15 1 of 111 Investment Co American Apr 49% 86 Corp_No par 1 Supply Hosp American 16% Nov 37 49% 50 30% 63% International Corp 2 25% May 14 15 Va Jan 17 41 40% 12.50 Products prior preferred Macli & Fdry 5%% / Mar 19 Jan 40% *30 13% No par 18% Mar 13 40 41 85% 2 Corp Hardware American 20 Va Jan 26 30% 40% Broadcasting-Paramount 2 40% Feb 33% May 14 75 Va Nov 24 13 51% Jan 3 42% Jan 29 24% Jan 34% Feb 5 90% May 18 48 Apr 23 55% Jan 2 72% Mar 21 58% Apr 24 38 Jan 16 20% Mar 5 Jan 77% Nov 20 3 31% Oct 25% Jan 21 56% Nov • 2 17 Jan 9% 30% 10 62% Theatres Inc 1 ' ■ • 34% 35% American Can Co common 12.50 40% 43% 7% preferred 25 . ... 41%:, 41% American Chain & Cable No par "r 47% 47% American Chicle Co No par 73% 74% Amer Commer Barge Line Co 3 '•// 22% 22% American Consumer Ind No par •/ 28% 29 American Crystal Sugar commou_10 41% 41% 4%% prior preferred 100 *89% 90% American Cyanamid Co_:__ 10 43 .,-44% American Distilling Co 10 39 41% American Electric Power Co 10 63% 64% American Enka Corp 5 48% 52% American European Secur No par *31 33, American Export Lines Inc 40c 17 17% American & Foreign Power__No par 10 10% 47% Feb 19 47% Feb 19 41% Mar 9 50% Mar 26 30 40% May 14 32% Apr 15,100 10 9% 9% 31% 42 13 93% 5 Corp_; 70 i'.v. American 41% Aug 29 Arma 5,000 85% 24 ,_oo 18% Jan . 8,900 > / 95% 13% lo preferred 3L% 63% 26% . 31 ♦94% 95'/a 87% 100 Bank Note common 19 32 y2 ,■ •94% 2,600 12% *101 Va common 18% 18% 42% 8% 62% 62 87% No par Co 53 % Apr 13% May 61% Apr 49 Nov 4 65 60% Mar 19 5 24 Vb Apr 3 38% Jan 64% Apr Bakeries 35 18% 13% No par preferred convertible 3%% Feb 40% Jan 35 17% Agricultural Chemical__No par Airlines common 1 30 69 % Nov Feb 37 Corp 9,200 3% 3% 3% 357/a 12% 60% American 23 114 12 24 Va May 18 47% Aug 10 15 134 % Feb 99% May 14 24 Va May 18 Corp Amerada Petroleum 6,500: 23,300 62% *85 No par 12.50 Amerace 9 7% 7% 3,300 58 19% 15% 8 23,300 21,500 31 ; 50% - 49,300 62 % 56% '57% v- 16%, 3% 93% 41% 40% 63 v 19% 93% *15 15 41 -15%' ..61% 35 Va ,. . ^ *92 44% 15 No par No par 1 America Amalgamated Sugar Co 19 Feb 34 May 11 34 3 Jan 36 May 10 of Co Aluminum 68 % Mar 23 24% May 17 11 3 24 % Oct Inc Aluminium Limited : 4 28 % Jan 17 Mar 24 69% Jan 28 Alside Cement Portland 9 54% May 18 81% Mar 30 19 % Dec Alpha 49% Mar 20 12 22 % May 56 % Nov convertible preferred 12 30% Jan 43 39% 100 1 10 100 10 preferred 4.08% 7 100% Mar 9 May 14 28% Jan 11 38% May 16 4 Jan 23 17% May 14 93% May May 15 28 4% Allied Supermarkets Inc Allis-Chalmers Mfg common 2 16% Feb 12% May 14 25 44% 28 Va 28% 15% ... 56% 94 y2 % 6,800 14% 28 16,500 11,900 < 4,000 14% 64% 14% < ' ■■/. 32% 41 % 20 42 Va common__No par Allied Stores Corp Mar 23 87 15% *92 14% 62% 62 % . /• 50 19% 14% 15'/a ...15%, 3% 19 9% ' "■ 36 / 94% ' >>* 29 ' 63% 28 y2 ' ■v V" 57'A'. 32 : ! > / ;i 56% 50 48% 92% • , 64 *30 49% ; 62% 42% 19% 5 Corp Products Allied 15% 9% 41% 47% No par 28% V, 15% 3% - 14% 29 29% 7,900 16,400 66.* 14% 28 % 19 18 14% is y2 -"35% 17% 65 / 14% 14% 62% 15% 64y2 15 t 71% 65 , 14 y4 .29 14% 32 *30% 92% 5 Co 29% 62.. 15y2 / 64y2 56%, t 4 , 36 19% 32% ; 9% 9% 41 38 % V 200 48 ■70% 18,. . '..64% • • . 14%- 29%. 17% ; 66'/a * 14% 94 32 1 *30 65'/a Shares- • •45. - 72% 71% 18% 17% . 64% 15% 28% 94 - ■ 5 15 36 % Sep 4 25% Dec Allied Kid Allied Mills 9% Feb 35% Feb 25% Oct 15 31 2 29% May 15 110 4 17% Feb 95% 9% 1 preferred., 10 Allegheny Ludlum Steel Corp 1 Allegheny Power System 5 Allegheny & W'est Ry 6% gtd—_100 Allen Industries Inc 1 Allied Chemical Corp 9 44% Jan y *94 100 preferred 27 7% Jan 84% May 70% Nov Inc convertible 6% 2 Jan 60 53% ./// 3% 2.•■.:".a>35% 1 18V4 5 : v 30% Alleghany Corp common Mar 21 57 May 18 14% Apr .. 2 common 39% May 14 13 10% May 11 Jan 9 23 % Mar 41 3 27 7 94 19% Jan 12% Jun 81 53% Apr 9 5 50% Jan 44 4 Inc 4%% 12 % Mar 20 47% Jan 24 20% Sep Aldens 90% Mar Nov 55 Alco 2 94 y2 May 16 4 Jan 4 Jan 39 14% 63 14% 28 Va 15 63 63% 55 % x55 Va ' 4 3% 35% x35% 18% // , 18% 32% 32 %\ No par Inc Gas Corp Products 22% Apr 1 9% May 14 100% Jun 4 16% Jan 17% May Chemicals & Industries J Alabama 5 38 A 50c 1 Products Reduction Air 70 y8 Feb 3% Apr 27 5V4 Mar 24 1 Corp 35% Jan 5 11 y2 Jan 73%'! 18% r 65% / 14% 29 '•>/ 15% / 15%. r. 65 <• ' 15'/a 28 15% 14% 61%, 13% 27% 14% 1 1 Admiral Corp 19% Mar 15 10 26 y4 May 21 Co Adams Express CO; Adams-Millis Corp No par Addressograph-Multigraph Corp_2.50: 21 23% Jan 12% May 10 19% Nov 29 4 14% Mar 33% Feb 3 May 11 14'/a May 22 y4 Jan 28 2 61% May 14 ; ACF Industries Inc Acme Steel - . 73% the Week .. May 18 May 17 >45 i -48 . 48 72% Friday Thursday . May 16 .•45'/a Sales for PRICES Wednesday Tuesday i May 15 47."/47 ' . 47%. : 70% 71 %> 17% '. 18 64% - . <65 %, 14% / ... 14 28 Mr "" 28%k ,47%, V. 69'/a \• 16%25 ,, 61% 10 14 1 28 ' 1 5 Corp.. ARC Vending 15 16 Monday.,.. May 14 , Par . Laboratories Abbott 9 Jan 21 May 14 ..." . Abacus Fund 16 81% Mar 3 27% May 16 Deb 22 Jan 8 '/a Sep Jan 21 68 38 80 Dec 55 16 Highest Lowest Highest Lowest 44% Jan STOCK YORK NEW 1 SALE LOW AND HIGH STOCKS Range for Previous 13% 48 % 26% ,15% 12% 48% 26% 15% 27 . 31% 46 31 Va ; 31% 33 . 34% 95 : ' 40V2 15%-. , 34% 95 40% 15% 95 , 40% 16 42 15% 152 % *150 41% 21% 21% 28,700 50 152.% 6,700 22 21% 34 8,700 15% 41 15% *150 3,300 34% 13% 13% 58% 60 % 58% 2,500 33% -34% 13% . l.SuO 13% lo,400 59 ■ 150 % 150 150% 150 , ■ -670 .100 *84% 87 *84% 80% *27% 28% *28-% 29 134% 132 % 132% 20 27% 27% 28% 23,600 79% 78% 79% 10,000 *132 26% 78% 36 % 35% 2,lu0 4,800 '36% 35 % " 35 % *35 120% 119% 35 35 '6; 800 120 % 119% 352,100 87,700 34% 36% 130 % 131 % 130 Va 131% 55% 57 % 56 Va 57 22 21% 21% 6,400 28% 28% 200 37 38 / 22 > 28 28 1,010 48,200 50 *25% 26% *25%" "26% *24% 25% *24% 25% 12% 13% 13 Va 13 Va 48 48% *47% 26 Va 25% 25% 26 % 10,100 15 15% 14% 15% 62,300 26% 27 26 % 26% 48 Va 2,700 1,700 5,600 x30% 30% 29% 30% 11,700 45 Va 45% 45 % 45% 26,200 31% 31% 31 Va 31 Va 770 33 33% 33% 33% 5,200 *93% 96 96 *93% 40% 40% 40% 16 Va 16% 16% • 50 .40% 1,000 17 % 8,600 Volume 195 Number 6161 . . The Commercial and Financial Chronicle . (2389) 17 NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous STOCKS Year 196J Lowest 331/2 Jan 37% Sep 67% Jan 8 37% Jan - 3 3 50 3 Jan 4 78% Jan 11 Jan 30 3 13% Mar 16 NEW Range Since Jan. 1 Highest 43% Apr 43% Oct Lowest 12 34 y2 Jan Highest Arizona 30 May 14 38% Feb 9 55 May 14 71% Mar 15 Armco 3 44 Apr 30 57% Feb 16 Armour 74% Oct 6 62% Jan 11 73% Apr 23 Armstrong 85 y2 July 28 82 y2 Jan 2 89 38 % May 14 47 15% May 18 5 Apr 9 Mar 22 Public Steel $3.75 May 14 23% Apr 33% Feb 26 Arvin 25 % May 14 28% Feb 20 Ashland 47 Jun 1 40% May 14 46% Feb 20 2nd 115y2 Dec 14 109% Feb 9 102% Feb 110 53% Jan 82 July Nov 7 105% Jan 59 21 May May 80% Jan 1 21% Jan 3 29 Oct 23 23% Apr 30 9% Jan 3 10% Nov 16 10 Jan 2 35% Jan 4 54 83 July 14 39 Mi Dec 20 42% Jan 3 76 Jan 21% Oct Nov 13% Jan 48% Feb 2 37 y2 May 10 43% Jan 60 4 49% May 14 81j/4 Jan 3 11 30% Jun 5 4% Feb 27 2 y4 Apr 18 14% Apr 12 11% Jan 17 25 5 24 1 27% Sep 13 % Jan 17% Feb 2 18 Vb 29% May 12 3 3 23 45% Mar 29 27% Aug 68% May 7% Mar 29 10 59% Dec 5% Jan 15 11% Nov 9 3 27% Jan 19 % Aug 42 % 15 9 9 2 12 9 2 17 14% Jan 2 19% Apr 19 37% Mar 28 Mar 20 20 41% Nov 15 33% May 14 4 103% Dec 11 98% Jan 82 % Jan 12 91% Nov 17 85% Jan 94% Mar 9 23% Nov 22 47 Jan 19 24 Va Jan 33% Feb 1 21 % Dec 22 47% Jan 19 21% May 30% Jan 25 33 % Dec 26 63 Jan 18 36 Va Jan 48% Feb 62% Jan 19 37 13% Mar 52 % Sep 15% Jan 15 52% Apr 30 17% Mar 14 87 Jan 3 81 Jan 6 17% Apr Oct 25 Nov 4% Preferred Bangor & Inc 5% 328 24 23 % Jan 4 2 Beatrice Jan 9 3%% 9 4%% 87 Feb 19 19 27% Jun 6 22% Jan 22 Beech 2 35% Feb 8 15% May 14 32 % Feb 7 35 Apr 26 Beech 64% May 1 81 Jan 2 17% Jan 4 14% May 18 31 93 1 9 22% Feb 19 % Feb 26 28 May 11 50 % Jan 4 Bell 9% May 18 12 % Feb 14 Bell 48% Jan 16 88 Nov 17 14% Jan 4 20 Jun 2 46% Sep" 25 10% Dec 58 Jun 29 28 69% May"25 16% Apr 72 5 May 14 Jan 29 Jan 31 61 33 % Jan 4 59% Sep 22 45% Jan 8 48 Va Jan 12 53 Nov 16 50% Jan 11 119% Nov 3 133 1 Vb Jan 3 33% Jan 3 39 Sep 13 39 Vb July 7 140% Sep 1 Dec 11 1 % Jan 1 49% Apr 128 % Mar 23 2 1% Feb 20 36 May 14 38% May 18 36% May 10 17 142 Va Jan 12% Jan 3 71 Jan 6 84 41 Jan 9 31% Sep 26 22% Jan 3 28 3 59% Dec" 12 34 July" 20 Jan 2 10 29% May 14 39% Jan 24% May 14 26% Feb Bliss & 14% May 14 18% May Bliss (E' W) 57% Sep 7 30 % Dec 21 8 19% Jan 3 23% Aug 36% Apr 55% Feb 7 79.% Nov 27 35 3 49% Dec 76% Aug 31 80 Va Oct 84 6 3% Dec 12 6% Mar 22 7% Dec 27 8% Jan 3 14 May 18 14% May 15 11 Jun 3% May 7 6% May 17 8% May 14 6% May 11 15 Jan 3 67% Nov 1 64 % Jan 3 103% Nov 21 78% Jan 11 86 % Mar 14 30 % Jan 11 45 112 Dec 56% Jan 83% Jan 13 106 Va Jan 10 Jan 30 Apr 97% Oct 28 68 44 Jan 17 74% Mar Jan 5 59 Dec 13% Jan 3 25 May 110% Jan 10 31 67 8 15% Feb 84 Mar 8 15 Buffalo 12 May 14 18% Mar 8 Bullard 4 29 52% Jan 29 3 22% May 10 24% Nov 28 21% Apr 13 61% Jan 29 2 15% Jan 25% Mar 29 73 % Jan 3 82 % Sep 80 Jan 18 86% Apr 12 May 17 1 68 Feb 2 70% Mar 28 70 Apr 9 81 Jan 26 86 Apr 19 84 Jan 23 23 Jan 26 37 Apr 27 16 May 11 27% Jan 3 44 % Dec 19 38 19 Va July 21 26% Oct 16 20 13 Feb 28 10% Jan 36% Oct 31 27 5 Sep Co % May 14 May 1 2 9 73 Apr 91 May 15 24% Jan 30 5 53% Mar 26 24 Jan 26 see page 27. 27% 27 27% 27 27 24% 24% 1,200 24% 24% 24% 24% 1,800 74% *41 41% 600 75 75% 19 19y; 76i/2 1,900 19 igy4 19 19V4 18% 19 50 51 51 51 5,600 49% 50 % 49 49% 940 *18% 18% 18% 13% 18% 18% 18% 18% 51 % 51% 1,300 51 51% *51% 52 51i% 51% 1,600 i8% 18% 51 52 26% 28 28 ' 29% 30 29% 29% 29 29i% 24 25% 25% 5,400 27% 27 27% 26% 26% 26% 27% 47% 48% 13,000 49% 49% 50 49 49i/4 48% 50i/4 37"% 4,100 39% 49% 39% 42% 40% 43% 40% 4iy4 411% 41% 58 58% 58% 9,300 59 58 59 59 59i/2 58% 58% *274 313 *274 6,100 313 *274 313 *244 313 *274 313 *100 101%, *100 101% *100 101 *100 101 *100 101 2 23% 93 *91 25% 100% 25% 100 28% 26% 25% 25% 103% 101 % 103% 100 *91 25% 103 25 25i% 91% 16% 16% 16% 33 32% 32% *321/4 92 91% 91% 91% 91% 16"% 16% 17 16% 16% *32% 32% *32% 33 *32% 65% 17% 68 69% 71% 71 % 71% 68% 71% 17% 18 18 Va 18% 18 % 18 18% 102 21,200 42,700 100 16i% 33i/4 11,700 69% 69 *18% 91% 9,200 181% 1,200 i 20 15% 15% xl5% 15% 15 15% 14% 15% 14% 14% 2,400 28 / 29% 10% x29% 10% 30% 10% 29% 10% 30% 10% 28 Va 29% 28 28% 35,500 10 10 9% 9,300 10% 61% I 62% 63% 64 66 1 49 50% 49% 51 51 % 52 52 52 52 52 52 52 121 121 121 121 8 25 Va 99i% *91 15% 1% 1% 1% 64% 1% 121% 121% 121 % 1% 37% 1% 1% 37% 37 37% 37 40% 39% 40% 40% 36% 38 149% 37% 38% 38% *149% 150% 23% 149% 23 % 87 *86% 21% 23 23% *86% 87 *86% 66% 52% 52 1% 39% 149 63% 52 *51% 121% 36 41% 39 149% 24% 87 36% 38% 37 39% 38% 38% 149% 149% 23% 23% *86% 87 9% 63% '121 12,400 21,700 52 300 121% 1% *37 64 52% 52 *51% • 38% 38 148% 23% *861/4 400 1% 98,400 37% 2,900 39% 10,700 38'A 140,500 149 23% 1,000 9,200 87 56% 58 31% 57% 31% 58% 58 58% 58V2 58% x29% 32% 31% 32 31 31% 31% 31% 24% 25 25% 25% 25% 26 25% 25% 25% 25% 1,400 58% 58% 3,300 6,800 44% 45% 46% 45 46% 44% 45% 44% 45 71,400 32 % 32% 32% 32 % 32 % 32% 32% *32% 33 1,300 19% 19 19% 19% 19% 19 19% 19Va 19% 1.25 24% 24% 24% 25 24% 25 24% 24% 24 24 60% 61% 60% 61% 59% 60% 58% 60% 59% 59% 12,100 5 40 41 % 41 % 41% 41% 42 41% 41% 41% 41% 23,100 83 83 84% *83 14% *83 1 14% 14% 14% 15 82% 84% ! 82% 85% 83% *3% 3% *3% 2.50 3.50 3 3% 3% 84% 14"% 84 4 *83 14% 84 *3% 84 % 14% 84% 4 84% 220 13% 14% 9,500 84'% 84% 4,200 ■V *3% 3% 7 7 7 7 7 6% 6% 6% 6% 1,700 9 8% 9 8% 9 8% 8% 8% 8% 6,200 6% 6% 59% 60% 84% x78 *87 88% 39% 6% 6% 6% 6% 6% 6% 61 61 % 61 61 60% 60% 85% 83 83"% 81% 82% 81 82 *87% 88% *87 88% 88 % *87 10 38% *113% 91% 91% 92 92 34 No par 32% 53% 54% 33% 53% 34% 54% 15% 16% 16 16% B 38% *113% 39% 114 39% 113% *92 32% 54% 16% 39% 114 *87 39% 3,500 88% 39 >113 113% 90 90% 1,000 32% 32 32% 132,900 55 55% 551/4 55% 3,100 16 16% 16 16% 10,300 12% 12% 17,100 821% 83 91 33% 32 55 16% xl2% 13 13% 12% 12% 12% *82 83% *82% 83% *82% 83% *82 % 83% 35 36 *36 37 36% 36% 35% 36 12 12% 13 3,100 34,700 39% 90% 1 13 100 113% *113 92% No par «. 6% 62 83 % 100 114 6% 61 15 . 1,300 7 1 Co *83 3,700 8% 5 12% 12% 13% 13 13% 12% 57 39 18,800 640 200 *35%! 36% 1,300 12% 12% 8,000 5 Co 56% 57 56% 57% 57 57 5 Inc 12 12% 12% 12% 12% 13 12% 12% 12% 12% 5,100 23 23% 23 23% 45,700 22% 100 *84% *70% *89% 16% 38 Vb 73 91 17% 42% 1 - 1 B J *20% 1 Co 3% M) 2.50 Corp Breweries Pacific Ry 23% 23% 23% 84 /4 *70% *84 /4 85% 91 16% 41 % 85 A 73 91 17% 43 % *70% 90 16% 41 % 73 90 17 42 Va *84% 56% 85% *841/4 *70% 73 *70% *90 91 *90 56% 2,000 851/4 73 91 70 16 16% 161/4 16% 5,100 40% 41% 41% 41% 87,700 20% 20% 20% 20% 20% 20% 20% 20 % 20% 5,000 I3 13% 13% 13% 12% 13 12% 13 121/4 12% 1,100 25 % 26% 27% 27% 27% 27% 27% 28% 27% 28% 10,500 4% 4% 4% 5% 4% 4% 5% 13% 13% 13% 13% 13% 13% 13% 13% 13% 13% 5,700 14% 15% 102% 105 22% 23% 91 91 *49% 52 9% 9 /2 23% 23"% 14 % 14% 14% 14"% 14% 15% 15 Va 15% 24,100 104% 105% 1 1 80 common__1.66% preferred No par Ry 86 23% B Inc Corp Southern 23% 57% 1 Corp Hecla Dry Canadian 150 27 No par Packing conv 23% May 14 27 18% 6 Jan 93 32 % 28% Apr 90% Jun 26 93 19% Campbell Soup Co Canadian 93 42 % 102% May 14 22% May 14 9 93 1 30 Mar 73% 100 Mining 12 92 5 Corp & 91/4 May 18 92 10 (A Canada 92 7,300 Co Terminal 3 180 92 27 38% Corp 52% Jan 102 37% Inc Burroughs $4.25 16% 35 102 50 100 Canada 16% 35% 101% 19 100 15 16% 34% 101% 50 second preference 30 . 35% 38% Nov 27% May 22 27 17% 102 36% Campbell Red Lake Mines Ltd footnotes, 92 *26% 16% 35 102 39% 3 For *90 16% 35% 103 % 38% 15% Jan 16 15,600 16% 34% 102 37% 12% Mar 28 3 21,300 16% 35% 102% 3.900 37% 12 21% Jan 16% 35% 15% 33% 102 % 6% 36% 18% Jan 1 16,300 6 34% 11% Apr 77% Jan 48% Feb 12,800 13% 6% 28,200 Calumet 18 48% 13% 6% 16% Callahan 51% Dec 47% 6 xl5% California Apr 21,500 6% preferred 27% Feb 23% 16% Inc preferred 91 23 Va 15% 8 12 24 16% 3 85% Jan 23% 16% 2 4 24% 16% Inc Corp Watch Co 24% 200 15% 7% Jan 25 24 157,300 16% 18 Vb Feb 43% July 27 24% 23% 14% 32% Jan 83% Jan 24 23% 50c 13% May 10 21% Jan 23% 2.50 25% May 14 4% May 14 122 % Mar 27 23 5 5 131 24 y8 100 22 Va Jun 8% Nov 30 23% 13% 2 pesos 13% Jan 4% Jan 24% 47% 4%% Bush 23% 400 39,100 6% 3%% Byers 19 100 common Burlington Industries Inc com 16% Mar 12 18% 13% 1 Co Burndy 19% 10 Corp common Bullock's 4% 18% 47% 100 pfd Inc Co Forge Bulova 20% 6% 1 common preferred 21 Jan 29 $5 41% Feb 16% Jan 8% Jan Brunswick May 14 19% 100 Inc Buckeye Pipe Line Co Jan 24% 20% 13% 13% 100 Bucyrus-Erie 12% May 10 15% 24% 13% 12.50 preferred Shoe 35 15% 25% 25 14 14% Dec Nov Stores 25 81 16 *24% 47% 1 common 21% Feb 8 *15% 50c 61% Jan 19 13% 15% 25% 13% 1 common 53% May 15 48% Sep 13 19% May 17 2,400 13% 15% *24% 15% 25 47 Maine RR common.No par Co 13% 470 13% 10 Brooklyn Union Gas common 5.50% preferred series A Budd 37,100 75V4 & Brown 8,800 2% 74% 43% Apr 23 13% 18% 2% 74% Bristol-Myers Apr 25 99% Feb 26 13 86 18% 75% 99% Feb 13 87% Feb 23 116 13 86 - 74% Airways Inc. 3%% 2% 86 50 Manufacturing Co Stratton Corp Briggs 18% 2% 1,800 preferred Briggs 18% 2% 47% 40c 15% May 10 17% Jan 3 24 19% 2% 23,500 Inc 9 85% Jun 11% Jan 8% Mar 13 65% Apr 18% 2% 16 % Club Corp Food <b 5% *85% 19 41% preferred Braniff 85% 18% 16 % Boston Edison Co Boston *85% 18,600 13% 2 28 31 3 31% Apr 7 51% 1 2 24 Jan 23 May 18 6 22 50% 86 100 52% Jan 80% Oct 29 90 4% Feb 9% Jan 11% Feb 3,200 51% 85% 13% 38% 41% Co 3Va% 2% 38% 16% Aluminum & Brass Corp Stores Inc Borman 2% 39% 50% 41 preferred 4 Oct 12 4 38% May 14 8 35 12 76 % May 11 2 18% 230 38% 51 100 15 Mar 86 5,600 39% x50% 7.50 Borg-Warner 93% Mar 23 52 91 5 3 22% Jan 39 51% *89 No par 48% Jan 8 38% 51% 91 41 % Inc 30 Jan 39 38% *89 16% Co new Brooks 39% Apr Ijan 90 10 12 79% 89% 41 % Inc Borden 13% May 18 89 41 Co Laughlin 2 79 13,300 45 89 45% 10 Inc Jan 4 10% 89 44% 6% 100 70 26 10% 44% 16% Corp common 58"% May 17 23 40,000 10% 44 40 % Inc— Book-of-the-Month Oct 25% 10% 44% 13 1 28% Mar 12 Dec 24% 10% 44% 41% Co 2 26 25% 10% 43% 16 preferred Bond 91 24% 25% 10% 42% 50 Bohn 11 25% 24% •10% 43 39% Boeing Co 19 24% 24% 46% No par 56% Feb 67 4,700 41% Co 37 % Apr 21% Dec 62% 5% F 21% Jan 7 62 12% 2.50 2 Jan 18% May 23% Jan 63% 17 common 29 42% May 14 26 62 41% pfd series of 1951 Black & Decker Mfg Co 53 % Jan 62% 14% 4%% Blaw-Knox 61% 41% Co Bigelow-Sanford 60 62 % 50 Steel 96% 109 15 preferred 10 94% ♦108 40% Inc Bethlehem 98 108 10% 22% No par Gypsum 18 Apr 30 61% 97 108 107% 14% „ Consolidated Co Bobbie 9.300 98 62 42% 5 conv Mar 13 2 93 109 97 107% 39% Corp Mar 19 71% Apr 45% Apr 1,100 91 *108 97 107% 4,500 1 preferred Apr 26 41% 1 Beneficial Finance Co 7% 41% 100 Savers Howell 64 5 3 3 41% 4,400 11,700 41% 4%% Gossett 87 6 Jan 43% Jan 152% Apr 24 27 % Mar 14 41% 20% 25% RR & & 41% 20% 41 % Corp & Bestwall 25% 41% 24% Intercontinental Corp Best 25% 41% 42 Va Distilling Co Life 3 26 6 5 25 25% 41% 20% 24%" Belding-Heminway 29 18% Jan 48 Feb 47% Mar 15 Beech-Nut 54% Jan 22% Jan Jan 42 24% 41 y8 20% 23% Inc (A S) Creek $4.50 24% 25% 100 Inc Aircraft Benguet 24% 25% *41% Instruments Beck Shoe 5% 25% 25% 100 Corp Co Mills Bendlx 21% 25 25% 2% 100 Corp prior preferred Beckman Bell 20% 25% 25% 100 conv 79% Jan Aug 18 35% Jan Jan 15 25 May 15 23% Dec 29 1138% 75% Jan 31 55% Mar 15 52% Jan Jan 118 48% Mar 13 148 30 95 2 1% Jan 19 42% Dec Apr 152% Jan Foods Beaunit 12 Dec 87 20% 24% preferred_100 Corp B) *15 20% 18% 13 B Inc (James 2 100% Mar Corp preference Lomb 15% 20 % 85% 10 Works & Jan 29% Mar 21 2 Products *15 6,300 25% 49% coin__No par common. Iron 15% , 9 stamped convertible Basic *15 46 23% 38% 5c Corp Beam Jan 120 15% 23% Aroostook Oil 29 96% Mar 28 15% 15% 21% stamped Cigars 71 1,700 19% Laboratories May 14 41% 19% non-cumulative Bayuk 52% Jan 41% 18% common Baxter 325 27 159% Dec Common Ohio 11 Feb 58 Nov~27 316 Aug 30 100% May 15 & 26 3 37% May 10 11 4% Baltimore 61 May 14 41% 41 % 15% Elec & 34% Jan 46% Jan 41 *24% preferred series preferred series C Bausch 24 30 50 40% 16 4 % % Jan 59 40 87% 25 Balwin-Lima-Hamilton 37 35% Nov 21 67% 39% 87% 47 1 26% May 14 4 67% 87 46 88 J Bath 13 67% 87 13% Co Jan.19 33% Apr 67% 87 25 Wilcox Gas 26,400 68 *15% Tools Inc Baltimore 46% 5,500 47% No par Inc T) & Oil 59 31% Dec Mar 16 Baker 23% Jan 27 94% Jan (B Babcock 1 35 % Dec 275 Babbitt 32,700 41% 1 Corp 49% May 27% Aug 8 61% Aug 29 48% July 10 82% Electronics Basic 20"% Jan 6 Avnet 58% 10% 1 Corp 58% 67'/a Co of Amer_2.50 18 % May 10 3 Jan" Avco 59 % 24% ($1.20)__No par Canteen 41,600 58% 46% 20 pref 59% *86% l Automatic 5 13 May 18 Industries 31% 85% 95 100 common prior Barber 17% Apr preferred 31 67 Va 60% 10 common 32% 46% *107 No par common Nichols Conv 9 21% Dec Nov Austin 8 24 14% May 14 11 Corp 21 62% Jan 3 19 B RR 37% 31% 59 66% 1 com__4% preferred 22% Feb 70% Mar 17 47% Jan 51% 5 series Chemical 85% Mar 29% May 18 8 $3.75 Line 37% 32% 23 100 Refining 48% Feb Jan 9 20 49 Feb" 18% 104% Mar 5 Co 37% 32% 58% 38 20% 1.10 preferred Atlantic 7 30% Mar 29 City Electric Coast 2 13 Co Shares 37% .32% 45% 100 Corp com the Week May 18 37% 38% 85% 40% preferred Friday May 17 67 1 Investment Atlantic 25% May 31% Jan 94 % Jan 33% Dec -•4% 18 % Jan 10% Jan 15 Atlantic 5% 58 % Feb Dry Goods 1st Sales for Thursday 86 series_No par $1.50 PRICES 25% 2.50 common SALE May «6 66% Atchison Topeka & Santa Fe com_10 5% non-cumulative preferred 10 Atlas 8 % Mar 15 May 14 45% HIGH Wednesday 86 2.50 Inc Oil & Refining preferred Atlas 2 Corp Industries 5.25% 9 28% Feb 44% 1 common No par Constable Associated 5 Feb Co Corp 23 3 21% May 14 22% Jan 30 8 18 Jan 22 87% Apr 25% Feb Aro 13% May 9 18% May 14 2 Oct May 15%, May May 10 36 Vb Jan 12% Jan 6 57% Feb May 19 9 91% Apr 5 84% Oct 29 16 86 y2 Feb 21 21% Feb 4% Jan 27% Jan 5 Cork Associates 10% May 14 49% Jan 4 3 2% Nov 30 10 7 2 41 % May 14 Aug 24 87% Feb 16 ,109 2 Co 15% 1 May 18 57% 15% 28% Jun 91 31% 57% 5 Sep- 69% Feb 32 % 55 38% Jan 35% Jan 30 10 Arnold 12 X37% 2.50 38% Feb 20 y4 May 14 38 1 20 23 37% Armstrong Rubber Co •22 5 Co preferred 20 Jan Service Tuesday May L5 May 14 No par Corp & 19% Sep 19 24 y2 Aug 2 36% Dec 13 7 Monday Par Archer-Daniels-Midland 19 May 22 LOW AND STOCK 39% Mar 29 30 79% Aug 53% Aug 46 YORK EXCHANGE Co 100 Ltd No par 25 106 5 107% 4% 105 5 107 % 104 106 24 23% ♦90 91 *90% 92 91 91 *90 % 92 ♦51 52 *51 52 *51 52 51% 52 23% 23% 23% 23% 23% 23% 14,700 14,300 7,000 220 150 9% 9% 9% 9% 9% 9% 9% 9% 21,800 23% 23% 23% 23% 23% 23% 23% 23% 27,600 18 The Commercial and Financial Chronicle (2390) . . Monday, May 21, 1962 . NEW YORK STOCK EXCHANGE STOCK RECORD STOCKS Range for Previous 60 % May 20 26% Jan , 3 44 5 May 18 11% Jan 4 16% Jun 6 91% Jan 6 102% Oct 12 13 54% May 14 62% Nov 43% Jan 3 39% Jan 3 52 % Mar 30 32% Jan 3 49 40% Jan 10 47 y» Apr 28 Jan 3 36% Nov 24 46% Feb V1 Oct 6% Dec Oct 52 Jan 3 115% Jan 6 32% Oct 3 3 241/8 Jan 34 % Dec 3% Jan 30% Jan 28 19% July 21 18 Apr 731/4 Dec 5 43 3 28 y2 Jun 5 251% Jan 3 341/4 Jun 18% Jan 17 5 9 Apr 30 45% Jan July 12 25 Jan 24 38 Mar 6 50 59 Mar 7 75 Va Oct 20 72 27% Jail 3 38'/s Nov 24 31 '/2 May 14 38% Jan 24 Dec 8 92 Sep 17 54 42 7 191% May 14 Feb" 26 181/4 Jan 8 22 47% Nov 6 381/2 Jan Jan 24 Jan 4 33% Mar 16 28% May 18 9% Jan 9 23% Nov 9 16 Feb 30 Va Nov 8 44% May 17 25 May 11 20% Jan 3 791/2 Dec 34% May 14 38 25 3% Jan 81/4 Nov 4 28 39% Oct 24 9 95 30 215/B Jan Nov 4 * " • 4 2 35 31 Jan 9J/4 Apr 4 16 38% Feb preferred.... Tractor preferred J1 : ' /•-' ' .10 Corp., ' 16 1 :Z- 1 . 100 12 313/4 Apr 11 7" 531/4 May 14 Corp..' 71/4 Jan 15i/a 11 9 May 14 15%'May 10 13% Jan Sep, 18 Jan Mar 30 18 273/8 Feb 19 14% Sep 18 20 323/4 Aug 4 Class A 323/4 May 11 36% Feb 11% May 11 17% Feb Chic Milw St Paul 3 27 Feb 7 133/4 Jan 3 23% Jan 3 38 27% Dec 22 20 Jan 3 15 Jan 4 ; ' V Feb 2 Jan 22% Feb May 14 25% May 14 21% May 1 36 3/b Feb 14 7/8 May 25 27 38 'A Mar 21 27 Va Oct 12 Mar 20 5% 643/a Feb 18 58 Feb 27 62 261/4 Oct 12 .. 26 201/2 Jan Chic 2 353/4 May 2 203/4 May 15 21% Jan 12 31% Anr 20V4 May 14 29 Jan 4 Chock 18 33% Jan 2 Chris-Craft 253/, Sep 37% Jan 3 37% Jan 8 41% Mar 25 57% Sep 48 21 3 90Va Dec 5 7 103/2 Dec 11 37'/2 Jan 3 52/2, Dec 27 Dec 4 Dec 21 51 49Va Sep 26 105% Apr 52l/4 Feb 16 May 14 49'% Mar 21 52/8 May 14 59/2 Feb 5 112/8 Feb 8 35% Feb 1 37 Mar 23 38 -• 105 V2 May 15 20% Feb 13 41% Nov 20 26% May 14 24% Oct 6 32% Apr 26 24% Jan 11% July 27 3 27 15% Apr 14 41% Mar 30 11% May 15 28% May 18 14 Feb 38% Jan 3 51% Mar 20 48% Jan 23 70% Apr 101% Feb 18 2 73% Nov 93% July 10 56 % Jan 33 45% Nov 2 71% July 10 1 3 3 33% Feb Mar 21 36% Mar 10 96 Vi Jan 58% Jan Nov 27 61 5 Jan 15 101 6 48 57 Mar 22 Apr 10 140 July 77% Jan 4 109 Nov 17 21 % Jan 4 30 Jun 5 22 May 14 30% Jan 3 83% May 14 4 42 May 26 59% Dec Jan 5 77% Jun 15 75% Jan 24% Dec 28 287/8 Dec 20 24% May 10 Oct 24 50% Mar 17 74 29 24 1 12 Apr 19 Mar 1 2 12 32 ' 41% Jan 19 14% Jan 3 23% May 17 12 May 10 17% Jan 3 43 3 49% Nov 43% May 10 48% Jan 8 Jan 1 39% Aug 16 54% Feb 28 42% Jan 31 % Oct 3 19 38 23% Jan 3 42% Apr 30 Oct 10 25 21% Jan 12 35% Aug 18 78% Nov 29 Jan 5 50% Jan 11 76% Nov 23% Jan 13 35% May 26 41% Jun 16 55% Dec 13 21% Jan 9 39% Oct 12 44% Dec 27 50% Oct 9 23 111% Apr 18 67 107 Jun 8 17 26 Columbus 24% May 1 42% May 14 22% May 17 31% Feb 16 Combustion Engineering 55 % Jan 5 Commercial Credit 28 Jan 5 36% Apr 7 37% Jun 13 20% Jan 5 31 Dec 11 50% Jan 3 67% Oct 9 45% Nov 10 100% Nov 101 29% Jan 105% Apr 51% 3 Nov~30 49% Aug 31 4 4 May 14 13 Apr 18 49% Mar 12 82% Mar 28 106% May 17 113% Mar 30 49% Jan 39 102 65% Jun 12 90 89% Jan 3 95 117% Oct 44% Jan 103 Jan 95 24 Feb 9 12% May 15 6 58 Mar 3 3 111 May 5 34% Jan 3 48% Dec 77% Jan 6 85% Jun 2 Jan 2 30 45% Feb 20 42% Apr 23 3 11 99% Jan May 14 9 50% Jan 2 6 107% Jan 4 13 40% May 17 48% Jan 2 15 82 88 % Apr Jan 3 - 19 7% Jan 3 18% Oct 19 21% May 11 18% May 11 21 4J4% Jan 4 74% Nov 72% Feb/16 7% Jan 3 12% May 5 7% Apr 16 11% Nov 20 59% May 14 9% Jan 9 46% Oct 26 60% Apr 49% Jan 35 % Jan 62 I or 3 footnotes, 21 28 May 17 see page 45 29 May 16 20% ; 20 20% 19% 51% • 50% 51% 495/'a 38% 48% 91 105% X38% 38% 38% 4.1 .. , '.<■< ,42% 91 42% 41% 53% 53% 52Ve 105% 106% 106% 27% '128% 106 26.% 27% 28% 27% 28% 29 . 29 2674 53 26% 11,300 .23% 21% 31,600- 20 15,200 49% *12 12% 12% 12% 12% 30% x29 % 31, 28/2 29% 28% 38% 38% 38% 39% 39% 39 62% 62% 63% ,64% 35% 35% 35% '35% < 51% 51 50 44 44%/. 42 62% 63 1C0% 101 64% 64% *63% 36 36 *36 '' 45 45 44 ■; *133 139% , 51% 50% 52 /. 138 141% 139% 63 139% 62% 1,400 > " 63 4,200 / 101% *63% 64% *35% 36% v 51% ' 5i 51% 43 200 )43% *138 139% 420 ' 139% •260 7,000 9.500 . 100 ., 88 36% 91% 90 91 89% 91% 88% 89% 27,700 22% 22% 23% 23% 237/a 23% 23% *23% 23% 2,800 42% '25% 100 44% 79 80 *78% •80% 26% 27 26 % 27 26 % .26% 21 Va 27% 29% 28% 287/a 27 2774 26% '27 ' *47% ;i2% • 12 % „ 12% 12 *43% 45 43% 47 % *46% 39% 47% 40% 28 28% 12% 47% 48% *80 44 ! 38% 39 39% 40% 25 /' 10 44% ; 81% /.. 44 44 - 44% *80 . "12% *43% 43/2 ,26% 43% 81 26 . "12 5 50 44 Va 81% x26% 43% 80% 24% _.5 26 27 / "28% 20% 71 71 Vl, 21% 20% 72 20% -20% , " 72 >. 73 43% *47 40 1 24% 26 23% 25% 26% 25 25% 44% 45% 44% 46% 26% 24 22% 130 2P.800 ■ '23,000 ' 400 • . 47% 39% 115,700 28 % 66,000 2 0% 20% 7,100 / 80 : *13. 44% 43% ; 11,700 .' 39% *•' 75 26 25% 44 25,900 27% 20% *73 -45 *47 : 64% 25% ; V, 20/b 73 /.. 12% *43% 28 64% 64% >■65% 42% ,/'"/' 8 21% " • ' 43% 12 - - 47/a 39 % 27% 64% 64% 64 43% 12% • 64% / 24% Elec—5 1 11,100 '/ 101% ... 44 43 Va 2,700 \ 28% 83% ..1 Inc ,12 Va ,39 22 1 Co 7,100 5,100 8-500 36% *138 19,000 .. 64 % 50% 7 28,700 , '29% 112 % 100% 3;600 ■, .; 29 11% 62% ) 27% 38% 620- .. . 5274 30% 50 gtd ,42 ; 27 27% *100% 4.10O ; 106% 11% . 54,100 . 52% 39 63 500 90 106 % 30% • t ;47 % 41% ;, . 350 . -37% 38% /. 7,600 - 181/4 105% 30 , /600 .31% 37% 29 *27 Va 3,300 89% 107% 2874 4,700 25% *104% 42% 52% 15% 47% • 38% 106% 12,800 r5 8,I/2) 49 % 91 / 40% 53% 107 i 19% . 105%// *38 1,100 21 '/a 47%- 91 *104% 28% 28% , 47% 38% 53% 52 % 47%; - *104 % . 40 38 105% 47% ,90% 20 -33%<12% 3Q % *171/2 50% 105% 300 3,200 23% 20% 90% ; 19% .19% 261/4 22 Va *104% 100 58% 5\>. Va • . . 14% v. -t 21 - 17,000 25 26% '-.- 8,500 1 ' 25% 221/4 stock__50 preferred... 8% Feb Feb 13 26 12% Jan 29 Feb 19 56% Jan 2 56 ..1 ^10 $5 of N Y preferred.. Coal . 74,;- 10 64% 64 Vi 3,600 25% 25% 10,000 45 46% 15,000 1 22% 23% 24 24 123,100 preferred + Container Corp of America 4% preferred Continental Air Lines Inc of Continental Steel 1.10 common Delaware Corp " q 1 ,, . " *" ~ . 75% 11% 11% 41% 4074 '41% 77% 75% 106 106 % 106 106 106% 106% 106% 76% 106% 105% ; 36% 106% 105% 106% 105/4 107 38 39% 38% 106% 42%- 106% 37% 34 . 8,700 14,100 42' 20,100 1,800 142,500 32% 33% 32% 33% 33 33% 27 27% 27% *27% 27% 27 27% 58% 58% 59 59% 59% 58% 59 IS, 500 38% 38 38% 38 38% 38% 39 39% 39% 41,100 38% 28,900 : , 37% 37% 37% - 98% 99% 101% 101 37/b ' 99% 101 99% >100% 37% 99% 101 *94 96% 94 94 24% 24 24% 24 24% 95% '94 95/2 ♦94 95% 95 7% 7% 7% 42 42 7% 43 41% 106 *105% 106 *105% 42 41% 42% 42% *87% 88% *87% 88% 87 ^ 7% 7% 18% ; 18% 61 59% 7% 42% 80% 7% *18% 7% 46 46% * 19% 61% < 51% * ' 37% 38 % 99% 99% *100% 102 95 % *93 24 23/2 95% *94 7% 7% 37% *99% 63 10% 11% - 7% *18 *93 140 9514 .7% 714 190 19,800 13,200 39% 40% 105% 105% 105% 42% x40% 41% 40% ;-4i% 88% *87% 88% *86% : 88% 7% ; 61% 41 42 7% 7 % 7% 7% 19% *18 19% 62% 61 62% 60% 11 11 10% II % 10% *18 51% 51 51% 51% 51% 49 45 48% '46% 46% 46%- 19% '11 51 47% ' i 720 23% *94 • 27. 2, SOO- 95% 23% 51 . 9,300- 102 61% .~ 26,200 100 100% I 10% 1°3/4 40% 105% 106 , / __5 7 11% 41 76% 930 57% 41% *. 3 1 "4,900 . 27 41% *105% - 25 I .13 % 34% x ^.No par com 77% 13% 11% 12 41% 76% 19,100 12% , 58% 24. *94 7% No par Continental Copper & Steel $5 convertible preferred Continental Insurance.*. Continental Motors I Continental Oil ' 5 5 11% 41% 76% 9% 27 36 981/4 *101 94 " " 1.25 common 11% 41 % - 9% 13% 13% 9% 38 100 $5.50 preferred 13% 25,600 .9% 10 111% 26% 573/b ~ ' No par com. 13% 1 41% 111% L 34% / 33 No par $4.16 10 40% *111 111% 30% 33% 1 No par 10 - 41% 41 111% ' - _lo preferred 11% 40% 106 ^.5 com r . 75% 106 No par Continental Can Inc $3.75 preferred 11% 39 " 104% 1.33% Corp preferred Continental Baking Co 11% 13% 42 41 % 111% ,9% ; . 13% 106 5 Co— Consumers Power Co 10 4. oar Qas •111% 111% 100 No ; 4.12% conv pref series A Consol Electronics Industries Consolidated Foods Corp Consolidation // 1 No par com 41% 111% 41 40% 39% 111 10 ~ 13 37 73 No par Consolidated Cigar Corp Consol Edison ~ " 100 .- Publishing Co Cone Mills Corp. Congoleum-Nairn Inc.. $4.50 94% Apr 2 8% Mar 15 »7% May 10 39% May 18 *25 >/o 12 r.r ' 22 100% Nast $4.52 93 104% Mar Conde 23 28% Mar 2 5.25% 22 Feb 23% May 17 Jan V42 12%. ' 62% No par Laundries 2 90% Jan . 100% Ohio Natural 94% Jan 28 . 23% 63% common Southern Consolidated 97% Jan 29% Feb & Consolidated 27 5 Pictures 36% Mar 16 98% Nov 20 21% July 25% 100% preferred 65% Apr 13 9 251/2 . 110 " Jan Mar 26 61% 7 36 92% Jan 93 26 50% 4 30 15V8 12% 50% 15% Feb 35% Apr 15% 48% 11% Jan 26% May 14 57% May 14 58-3.feS 58<.%v P2 15' 15Vii ' 53% 15% 19% 9% May 15 2 12 58 Yo" 12% 58% 15% - . 10 33% 58% 19% Solvents 104% May 14 34% May 14 32% May 16 33%^ 33% 12Va 18 Commercial 103% Jan 33% 19% f 17%" Commonwealth Edison Co com_12.50 18 *9'/4 19%^ 12% • i 17% 2 May 14 May 14 10 *151/4 ; *15% 19% ~ 9,100 53% 106 20 y4 21 }■ 33 > *84 18V2 29 73 33 >; 700 38 53'/4 *17% 37% Mar 23 37 Nov~27 33 *91/8 . 19% *37 .. "."106 *84 10 . . 54% 17% 45% Jan 10% Jan 90% 106 *9% 38 5.3% .17% 113% Jan 13% Nov 3 *37 54,% 18% 19 May 14 53% " Columbia Jan 13 *37 „ 18 Inc 72% Mar 16 15% Mar 22 38 31%. System.2.50 System 79 % Jan 19% Mar 29 ..7% 24 Colorado & Southern Ry— 4% noncumulative 1st pfd 71. May 14 62% May 1 3 20% 6% 30% common Gas 3 20% 7% 23% No par Broadcasting Jan 24% 211% 7 . -. 26 1 Columbia 39 Va May 14 26 20% 7% / : . 31 v4 No par 30% Apr =18 109% Jan 25% 21 % 33 237/8 3674 11,500 5,400 26% ■ 19% 46% 25 27% -*15% -i 32,300 27 '/a 9% ; 27% 26% 19% so% 18,300 27% 16% 46% 34% 34% 9% 105% 97% 98% 341/4 •' ' 26 Va 89% 31% 971/2 *97'/2 34% 19% 22 % common Iron 311/a x34% 311/2 98% 30 % 46 Va 51,300 33% 33 104 14,500 *7% 41% 34% *15% / 26 .98% *84 21 % 1,700 7 7% 41 26 preferred series B $4.25 25% 3,700 41 33 106 100% Corp May 14 19% May 8 31 26 ,23% __l Columbia Aug 31 Mar 19 & 25% 30% Co... Fuel 47,300 26% „100 43% Mar 21 12 7% Jan 51 5%% 363/s 7 ; 15 7% 4% May 10 10 66% Jan 29 Colorado 351/4 25% 22% No par Radio 36% ;/ 11% preferred Collins 36 *29% common RR Aikman 11,800 30 % l Co & 253/4 *40 : 21% Corporation Collins 25 22% 10 preferred $3.50 1 25%,, - 71% -7% No par ..Colgate-Palmolive Co 1 18 25 26% 29% 18 25% Coca-Cola Bottling Co of N Y 3 Mar 12 38% 32,600 28% / 30 No par guaranteed Coca-Cola 257% - ; i8 21% Cluett Peabody & Co. common__3.25 7% Jan Jan 817/« May. Clevite 29% 740% 7% ^1 Corp Cleveland Electric Ilum Special " Jan 55 19 May 11 Jan 47 142 103% 27% 134% Jan 6 17 42 Vi 29% 7V4 . / .25 $4.50 preferred Cleveland & Pitts 64% May 15 37% Apr 40% May 10 133 ' 411/4 411/4 290 22,300 1.4C0 V '.20% * 24 39% 400 - 21% 23% 25% City Stores Co.. Clark Equipment Co Cleveland-Cliffs Iron Co 7 4 , 21 24 36'/2; < 25c Industries— City Prqducts 2 53% Feb 37% May 9 62% May 15 21% 8 Corp.. " Sep 100% 100%. c 7 5 - 40% Jan 32 O'Nuts 100% *99% % par Cincinnati Gas & Electric com_8.50 4% preferred ; 100 4%% preferred 100 Cincinnati Milling Machine Co ,.10 C 1 T Financial Corp No par Cities Service Co 10 $4.40 conv preferred No par City Investing Co _5 17 36% May 14 58/2 May 17 44 2 Full 4,400 40% 38% 25% 6.800 47% *17.% 20% 25 32% par Chrysler Corp 21 50y2 Mar 19 91% Feb 5 87V4Mar 29 101:% Jan Tool Chickasha Cotton Oil Mar 26 621/4 Feb 43% Jan 31 53% Nov 10 10 82y2 Jan 98% Feb May 10 100 A 3,200 32% 18'/4 26 v 17% 47% 471% 25% ; 400 1,000 471/8 29 y2 27 12% I71/2 Y. 54% ; 25% 22,800. 32 % ..32% 18 21 53% 12,300 18% 44 ' 291/4" 27 *37% 34% 43-'/4 - 130 7,100 v.„. 25% 17% : > 43 27% " 34% *18 % • '... • 74 V ,41% 26% 'iVa 1,000 62;700 86 73 ; 24 26 241/4 38% 85% 50 " ; 21 7'/2 .9oi/2 50 21% 27% 3,900 31,200 74 24 < .230 <2% 13.7 * 700 *47- -" 23% . 370 • 371/4 *134% 25% 17% <.7 99% ,99% 38% 26% :v 34% -35% 32.i/2 45% 20% 531/4 37 '/a 85% 73 34% 58% ,,,58%, 14% 15% 85Ta 17% 45y4 11,100 241/4 ^ * ■ . 136- *4:7 18% H3/4 100 com__No par \ri±< 50 26% 20% 38 136 //■/ 74 32y4 61/4 *95 'v.' 24% *25% 97% - • *46 34 9 , ' :;95% , 37% 25% 97% *84 -i 18% 3 7^100 36%. ,r 45%: : r 56% *2% 'V 18% 34% , *95, , *73 33% • 2% 36'% 4-3% 17 % 7,200 48 «/4 34i% 53 % 52% .. 2% 6,300 61/8 6% ' 36" 150 17,900 53'/8 18% i. ; 57- 371/4 "35% 341% v 58% *24 86 5,000 ' 76 7'/4 . /. . ^ 48 r: 7 25% 41 , \ . 35% 181/2 *321/2 35 48 y4 35 47ys 17 % 41 106 r 56% 36% 57 • 1,800 98-/8 ' 36 % ; 45% 29% 18V2 54% is 98% 3,700 12% * 52% \ 137% 1 *18% 12% 57 y4 50 29% 17y2 25% 36% 26% 97% 2% 38% 35 v. ■?■•' 33% ' 15% . No par pfd non-cum Western Pneumatic 23 May 14 Pac Chicago Rock Isl & Pac RR__No Chicago Yellow Cab No 12i/4 Jan 11 & preferred series 16V8 Jan 21 A North Chicago 12 263/4 Feb 5 series & 5% 31 % Jan 15 t 37 9 40 373/4 May 26 10 May 14 ; 37 6 'A 36% 137% 85% 47% 25% 41'/2 53% Chicago Great Western Ry com 10 5% preferred •—50 - 35 v 95y2 34% *84 98% *47% 24.'.. :■> 18%' • 40 37 Chicago & East 111 RR com__No par 26 31 18% Feb 14 13% Jan Jan 24 3 JMAy 31 21% Feb 52 98 11 " 12% v; *34% ' 24 31% /32'/8 44% 99% 99% x20y4 21% 22% 231/4 . 97% 29 y4 57 6% 36% 86 29% 18%/■ • 25% 37% 26y2 ?% -, /< 40%;,-/;.<; "33 44%. *29 37 - 32% '-•37% -.441/4 23% 39% 32% " 44 29% .35 , 35 -*95 137% * 47 *72% , 7% 18 Jan 49 . V 7/ 75% 32 20% 37 94 ..-137 , * 39% 1% Corp 95% 8685"% 263/a 13 May 16 -v, - Chemway 103 ' . 59% ,2%' ®' 36% 39% 136 25J/s 34% 24y4 6% "/ '/ 2% - v 24 Va 6% Chemetron 4 2% "95 " 23% 20% 7 2 Mar 29 : 38 V4 29% 18% " 47% 6 % ' 38% 23-% 38% " . Shares 44% ' ' 52 y4 6% 53 36 „ . _ , 58% , 23%-A 24% 25% Feb 10% Jan Jan 2%"'.". 1 24 6% May 14 60 6Va 36% 1.25 Motors 8 201/a Aor 60 ; Corp ; .1 Chesapeake Corp of Virginia— 5 Chesapeake & Ohio Ry common__25 31/2% convertible preferred___100 Checker 21% Jan 9 July 19 36% ■ the Week > *98% : ; •/' 37' r*34% \ May ii% • . 57 y4 47% •• - 34% 52 * 27% 28 45 6V4( 26% Jun May 14 • 48 58% ( 1 27% Mar 20 91 "36-% ;34 • 3iy2 42 7; 437/a 99% 101 :l 19'% 21%//. i;. par Champlin Oil & Refining Co 11% Nov 67% Jan 36% 37% 34% 34% 18% / /18% 45% 45% 25% -25% V*251/4 17 .% 17% ' •' 17 y4 par 8 30% 8 36% Friday 44% " 98 % 5.7 . ' v 95y2 *47 • 75%, par 29% Feb 3 3 *98% 58 *47% — ; c. 53 i8% . Champion Papers Inc com—No par $4.50 preferred No par 3 Dec 98% 33% ■ 100 Plug Co » 43 . par Champion Spark 6ya> 80% > 20 v U/Vihuii .5 17 33 23 V* 35% 136 . 100 preferred series A.100 16 4 Jan - .47% 2% 34% No par 983/4 Apr 7 5/8 Jan 54 12% 3G% 35V2 7 60 ' *95. Central RR Co of N J 50 Central & South West Corp..—2.50 Central Soya Co No par Century Industries Co No par Cerro Corp 5 Certain-teed Products Corp rl Cessna Aircraft Co 1 Chadbourn Gotham Inc 1 Chain Belt Co 10 16% Jan 32 : 29. 12% 56% . : » 29 29 36 < . Sales for Tnu.sday May 17f • ' " 52 % - 100 5% preferred — Cenco Instruments Corp Central Aguitre Sugar Co.. Central Foundry Co.... Central of Georgia Ry com__No 5% preferred series B Central Hudson Gas & £lec__No Central Illinois Light com__No 4%% preferred— Central Illinois Pub Service.No 20% Jan 43% Oct 12% *93% - 57 58 i . ' ■ common.No par .i.... Products conv - ... 2 491/4 Feb 2nd 4.20% - j.1 41% Feb 231/2 Apr 98% 47V4 - 100 2 15 321/4 Jun 4 33 - 19 Jan Co common. Mayl4 91% Jan 28 50% Apr 22 60y4 Jan 31% May 18 4 Jan 90 24% Jan 33 39'/2 May 11 38% Oct 263/4 Jan 2 331/2 Mar 27 6% May 14 27 Mar 17 57 ' ' 23% Apr 2 241/4 May 14 461/4 May 31 Mar 24 31 40% Sep 5 PRICES ' —33- .1 ueiotex Corp common—. Feb 28 Mar 2 Mar 13 Feb 23 Jan 2 467/a Apr 24 * 21 • preferred 4%% 52y4 Mar 30 101 May 10 25 Apr 26 2 94'/2 Jan" 99% Nov "28 Sep~18 9 36% Jan May 14 Corp Inc. Celanese Corp of Amer com 7% 2nd preferred 49 Feb 21 77% Apr ,5 12 (J I) Ceco Steel 10 3 "42% 20y4 68 / 26% 23% May 14 22% Jan r Mar 22 87% May 8 10 19 29ya 12 36%7 37 50 : General Caterpillar 3 137% May & 6%% 4 Jan Jan - 5 Products lit, 22 44 5 11 Case 4 29 81% Jan Carter 3 Jan 42% Jan 8 162% Oct 17 70 17 124 % Jan 85% Apr 10 71% Jan . Jan- Apr 43 28% 11 % 98y2 54% -34% — 10 preferred Carriers 2 Mar 12 77 9% Jan 1: Jan Ry_10<h-~- > SALE ' 10% ^No par common.. Corp 4%% 3 May 36 V2 Jan j 98 34 28 Jun 15 May 8 23% May 14 31 40% Aug 15 129 48 3 32% Jan 95 May 23 97 29 Jan Ohio & Light May ®6 43 46% x46% • 7 287/a", 28% < HIGH Wednesday May 15 . May 15 2% Mar 19 34 % May 1 41% Aug 29 11 28% Dec 89 22 & Carpenter Ste^l Co 52 Mar 20 5 6 1 Power Carrier 6 3. 90% May 31 25 2% Nov 30 % Feb - Clinchfield 45% Mar 14 45% Jan 9 13% Apr 22 Carolina Carolina 44% Feb 53% May 18 ' 10 Co 8 63 V2 Apr - AND Tuesday May 14 45 47% • No par 35 May 19' 74 Mfg Corp. 30 101% Mar May 17 Monday Par 5 34 % May 11 • 27 Carlisle 15 % Mar 30 10% May 14 96 Jan 8 LOW STOCK Co (Philip) Carey 11 32% Jan 28% May 10 Mar 13 36 Carborundum Mar 16 56 YORK EXCHANGE Highest Lowest Highest 43% Dec NEW Range Since Jan. 1 Year 1961 Lowest 8,300 30 . 26,200 ; no 4,400 • 100 28,500 21,100 51% 23,100 46% '3,800 Volume 195 Number 6161 . . The Commercial and Financial Chronicle . (2391) 19 NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous ; / . 37% Jun • ,.30% Jan 13% Jan .31 - 18 49% Jun „ 15 Jan • 4 11 17 28 194%'Apr 4 155 Nov 16 Jan 88 89 : ' Jan 5 18% Jan 1 93% Sep 3 Jan 3% Jan 29% May . v 30 CoopeT-Bessemer Cooper Jan 4 43 8 23 % Mar Tire 6 Copperweld 60% Mar 28 Corn 194% Mar 19 '5 90 Feb 92% Jan 5 96 21% Jan 16% Feb 2 24%.Jan 9 46% Jan 11 72% Jan 18 78 • Nov 15% Dec 22 24% Apr 23% Dec 20 29%'Apr 13 31 Sep 11 42% Jan '4 39% Feb *■ 1 July 25 12 48% Dec 95% Jun 17% Jan 3 26% May 17 90% Jan '3 of May 10 19% Feb 26 18 Jan 5% Mar 13 129% Jan 12 46% Jan 2 109% May 25 ; Crown t $2 23 47% Jan 4 $2 59% Jan 2 Crown 2 97 3 '4 21%. Mar 29 15% Aug 23 .23% Apr 17 May 101.,- Zellerbach Corp 3 13% Aug 21 9 " 5 '; 73% May 19 56 11% Sep 19 14% Feb 8% Jan 3 V 29% Dec Dec 11 6 4 22 3 37 'May 4 62% Feb 10 82 July 8 12% Feb No par 33% Jan 2 7 13 % Feb i4 35 31% Jan 1 63 Co Cuneo Press 20 Curtis •$4 Publishing 19 $1.60 prior Jan 4 Curtiss-Wright 26 18 Mar 2'0 78 May 14 Class preferred 3 46% Nov 27 7 89 Nov 8 12% Jan 3 15% Mar 27 12 y8 Nov 1 20 Mar 39% May 15 86 y2 Jan Jan 90 2 12% May 17 7 15 % Feb Corp common 3%% preferred series A 18% Mar 12 Jun 30 31% Nov 14 25 Va Jan 16 80% Oct 23 79 Jan 29 V* Jan 24 3 76% Feb 9 81 Nov 15 80% Jan ' 4 83 Feb. 13 83 Jan 5 38% Jan 21 84 % May River Mills Dayco Corp Dayton Power 2 Feb 84 16 79 y2 Jan Dah 7 Preferred Aug 48 % 15 y2 47'% May Aug 18 July 18 3 41% Jan 20% Jan 27 Co Delaware & "Mar" 2 7 37 16'/a Jan 22% Oct 24 May 18 48% Jan 11 •67% Nov 14% Jan 10 56% Jan ,t 6 37% Feb • ^' 24 74% Jun : 14"% May 14 20% May 17 29% Jan 18% Jan '3 47% May 14 10 ' Feb 12 58% Oct 4 3 y f~ y 52 Mi'Deo 29 53% Jan 3 Oct 24 32 Va Jan 16 34 % Feb 14 27 Va Jun 12 16% May i8 27% Jan 22 12 y8 Jan 4 14% Oct 19 _ . 46 29%:, Jan 17% Feb 13% May 17 20%: Mar 17 17% July 24 69 1 May 17 17 % Feb Diana 15 Diners' (The) Disney (Walt) 41 % May 14 48 % Mar 23 Distillers 15% Nov 29 21 Dec 29 21"% Jan 3 23% May 20 % Feb 6 Dr Mar 20 28 y2 Nov 29 '26% Dec 7 42% Aug 8 23% May 14 24%.Nov 8 20% Mar - 70.;. May 3 22% Sep 25 29% Dec 85% Sep 4 • & Jan 19 185% Jan 16% May Nov 17 54 3 > 27 10% Jun 9% Jan 2547/2 (Nov HO : Dec 90 y2 Dec 11 25% Jan 34 3 _ Nov 38 y2 Jan 3 42%.Jun 42% Sep :• 15 47% Apr Jan y 5 45% Nov Jan 3 y 49 .Nov 22 23 du 32% Mar 22 5 de 2 47 47 Mar 27 19 2 47 Apr Feb .7 47 Mar 30 48 % May 1.7 - 33% *66 66% 393/i 39 y0 40 40% 90% *88 90% . 1,300 y 3,200 .■*> 45 Jan 19 32 y2.Nov 24 21% May 15 29% Feb 19 DWG 22% Jan 5 Feb 6 21% May 18 243/aFeb 13 Air Gas 13% 13% 5.900 5,200 13% 137/a 12% 13% 12% 13 Va 9,600 26 Va 26% 26 3/B 26% 26 Va 26% 9,000 83 82 V4! 83% 83% 83% 270 *83 % 85 *83% 85 *83 »/2 85 *85 y2 88 *85 y2 88 *85 y2 88 44 ya 46 *82% 88 443/4 50 V2 49% 49% 433/8 44% 20 38,700 16ya 16% 49Va 163„ 45% 47 3 36i/4 36 36% 36 363/4 35% 36 y2 34% 35% 24% 24% 24% 24 y2 243/4 24% 2434 24 24'% 4,300 i83,fe 18% 19% 183/a 193/3 18ya 19 Va 19% 93^ 19% 22.800 gs/8 9% 9% 9% 9% 93/4 9% 9% 8,800 58% 51 Va 58 567/a 57% 57 57- 56% 57'a 18.400 151/2 15% 15% 15V2 15% 153/8 1SV2 15 15»/4 12.200 31 31% 32 3iya 31% * 49 " 10 49% 49 \ ; a 17.000 1,500 6,300 12,500 31% 32 Va 31 31 50% 50% 51% 51 49 y4 50 49'A 49% 6,500 48% 47% 48% 47 y4 48% 46 47% 46 46 5, a 12,400 341/4 *33% •, X50 " y4; 1.300 34% *33% 34 y4 333/4 33% *33% 341/4 300 18% 18 18% 18 y8 is y2 17 Va 18 16 ya 17% 12,900 14 r,. 13% 14 ■•*;•■, 13% 13% 13% 13% 13 Va 13% 4,000 13,800 5,COO i8'/2 18% 19% 18% 19% 18% 18% 18% 18 'A 33 33, 33% 32 y4 33 31% 32 y4 31% 32 41%, 42%i 42% 43 42% 423/4 4lVa 42 % 4iya 421% 5,300 173/4 18y4 18 18»/a X17 3/4 18 y8 173/4 17% 17% 17'% 4,600 173/4 v 19% 3H/4 . is 17% 173/4 173/4 173/4 17% 173,4 17% 1,300 25% Xl7% 25% 21i 20% 213/8 24% 24" 25%. 20% r 26%- 20% 23% . 2iy2;: 21% 22 ya 52% 21% 50% -. ., 51%; 52/ 25% , 26 Va 20% 25% 21 21% 21% 243/4 25 V* 24% 25% 21% 31 %: : 26 % 26 V» 26% ..: 21 21% 4,600 24% . .243/4 25,600 2l3% 223% 7,100 26% 16,800 ' 21% ,; • 52 523/4 52% 533% 26% 26% 27 26% 27 26% "26 y2 25% 26 25% 25 y4 167/8t 16% 17% 17>/a 17% 16% 56 y4 58 54% 56 54 y4. 54 y2 54 Va 17 i73/4 18 183/4, 19 18%" 18% ioy2 ny4 11% 18% 11% 10*%- 103/4 10»% 10% 223 y4 221% 52 243/4 "25y4 52% 65,100 26% 26% 17,000 24% 16% 4.000 17% 24% 16% 54% 54 ' Inc 25 Va 1;;7 25 V4 1>, - i6y2 f - No par 7 1 ; 1 4 Nemours Eagle-Plcher 14 '• 481/4 50c/ Co (E I) ; com„5 ' • 213 % 222 221, 110% 110'A' 9iy2 110 9iy2 29Va , »' 110% 91% 'It' 29% 29% 30% 42 41% *46% 47 *46% 45 44% ; 50 : . *41 . 50 50 Corp 10'% 2,300 2251% 25,800 221 *1101/4 110% 1103/4 30 y4 31 413/4 41% 41% 41 41% *41 y2 42 47 46 y4 46 y4 47 47 *47 47?i 45% 45 V* 45y2 45>/4 45% *47 W 48 y4 47 ya *46: 47 *46 473/4 *47 48% 47 *46 47 473/4 *47 47% 21 Va 10'% 31 *47% 2iy2 3,900 ■ 30 Va 48%, 2IV2 3.200 183/4 , 90 »47 ' 110% / . ' *47 21% J/4 ' *90 91 307/a 31% 2.000 1,400 17.600 140 40 45% 48 % 46 1,030 *48% • 49 50 46% 47 •; 8.500 541% 18% • 219 V* '222 110 . 90 »46 50 5 ' ' > 90 Va *47y2 50 : .,«/ 26% ' 224 90% .*45!.,' } 5 common—, preferred— Cigar 14 14 47% 5 —5 *88 90 y2 13% 83% *85% 393/4 *88 14 16%. 1* preferred-: 4.20% preferredji 4.10% preferred*— 20 19 *33 Va 66% 16 y2 " '[">•». 1 1. preferred— preferred $2.10 33 y4 65% 43% 13% No par/, 28 < 33 % 65 44% 18 No par 45%. Feb Jan 33% . 43% *33% f series 46 Va Dec 44 33.900 49% ' series 4 42% Mar 28 1,100 17% i47/8 4% 3 10 y2 17 ' $3.50 43% Jan ^ *10 48 Va No par Co Duquesne Light Co " Mar 28 12 10% 17% 47 $4.50 $4.15 Jan 600 10% 471% Preferred $3.75 700 17 44% 31 No par — Chemicals Power 42% Mar 26 28% 57 2 Industries-;. Pont *28 16% t Preferred • 28% 48% No par Co Corp. , 28% 600 13,000 16% ; , 4-1 : Inc Duplan 27 V 1 24% , 2.50 Ltd:.; International 27 8% 49% "V' 2.50 Ltd— Fund Dunhill -Apr 8% r 50% • __2 Co_^——; 16 97% Apr :■ y 17% " , 1 26 114 y soy^ 16% l Inc— Feb 254% Mar 14 , 10'7a 47% —50c Jan 45 % Jan * Duke 400 10% 30 y4 .: 31% 48% No par Corp Productions- Corp— Chemical DuBois 5,700 58 '' *30% 800 9% *56% 10% 4 10% , 14% 9 % 57 i6ya .15 > called—^ Aircraft -Dresser > y 320 10,000 103 •■*14% 9% 57 16.300 17aa 17% *100 14% 9% •<* 3,300 r. 96% 351/3 1 4 "n- Drewrys Limited USA Inc—- Mar 27 42% Jan 27 44 44 6 41 Jan Jan • 20 13 23 39 . 8 17% 103 * 48 *96 l53/4 v. . 3 25 2 17 5 Feb Dow 4 Mar 31 61 29Va May 14 8 8 1 Jan 104• Dover 22 1 84% Jan 7 24 Dominick 17 y8 .• * 8% 49% , Co__6,75 Corp^ Mines Douglas 72% Jan 213% May 14 20 Apr 19 Dome 26 32 i 16% May 11 1 22 77% Jan 20 100 J/4 Feb 2 2 37% Jan 97 43% 47% . ,47% No par Light Inc Corp-Seagrams Pepper 24 Va Apr 8 25% May 14 24% May 18 19 24 y4 Apr 63.1 5 . 8 24 Vo Nov . U52 ya July 18 9% Jan 8 38% May 16 25% Jan • 50 % May 14 7 .29% Dec 29 17% Jan 27 Va Jan 20% May 14 3 Jan* 14% Jan V 4 8 22% Mar 29 8 17 18% Jan 28 : 40% Feb 31.100 46 4iya 49 8% 403/4 1 Club Divco-Wayne 13% Jan 17% May 11 16% Jan 2 4 50c ~ ; Corp.i 6 ll 1,200. 32,800 ' 17% 39% " 90% 13% 83% preferred Stores 9 19 10 *88 Va 14 14 Alkali Co_— 46 y2 Apr 30% May : 31% 64 82% Corp. 47% Nov ^ 3,600 33% • 27 Co„_ > 5 Jan 39% 90 % 13% DiGiorgio Fruit Corp / 23% Mar 26 1 Steel $1.50 :: *y,;::rV 40 411/4 *88 82 y8 Hudson^ 31% Jan 1 3 26% ■ Supply Co of N Y_—_2.50 Diamond 5.200 16% 108: *45y4 •„ 12,600 • 25% 30 8% 63% 26 Diamond. National , 25% 46 ■ *• y 33% 133/4 Inc- Lines DeVilbiss 2 29% Jan 28 83 Edison— Detroit 8 27 — Power Air Detroit 4 34% Jan 30% Apr 21 2 8% 13% Dentists' 35% Jan 33 393/4 > - Denv & Rio Grande West RR.No par DeSoto Cliemical Coatings— 1 61% Jan 31 31 26% 15 9 - 10% *81% 12 12 % Mar - ... 106% 43% 700 55 83 16% 31% "I 6% 54 y2 *82 25% 14% 9%; 10% Light common—7 series A_i„100 29 % Feb 9% May 14 .. 56% 31 50c & 22 Va Jan 17% May 14 14% Mar 20 7% Jan Delta 9% 56% 10% .13% - —5 " 24% Jan l 100 Inc 3.75% Records Delaware 5,500 19% 5% ; * 108% ■. 47% 14% : *14% • 63% 88 15 .: 9% 28 85% 22 15 33% *83V2 40% Mar 22 : ♦100 63% *85% 55% Feb •: y" . 17% 17 100 19% Jan ■ *43 : 103 10% 100 45% May 18 19 59% Nov 11 17% *100 17% C & 70 fc3.%* *19 16% 96 10% B Decca *25 107 97 • 16% series Deere *96 56 8 • series 20 > 30 96% 23% 6%. 54 16% 31 , 8,900 90% *95 83 * *45%, 30% ... *82 - . : ; 33% .. \ 50 : 30% 9"% 3.90% 36 i *89: 19% 6%- 25% *10% .- 17 3.75% 57% Feb 159 ' 53% 28% 28 y4 10% '10% Preferred 51% Apr )• 18 9% 27% Preferred 30 155 - 90% 19% - 110 y2 49% 103 *14% • - 1 48% May 16 15% Apr 12 4 62% May 23 97 17% • 7.300 ; 50 % 56 86 % Mar 15 34% May 18 32 18 % D Dana 'Mar 13 13% May 11 . 76 Mi Jan 22 45 .5 162% 96% 43% 10% . : 32 y2 * 1 *43 . 30 63 31 108% 43% *101 v 9% ,33 . 38,900 23% 46 96% 14% 9% " 54% 96% 16 ya *45% 50% 173/4 16% ... 53 y2 *89 • *43 7% —7% .. 10 6,600 54% 23 Sj ' 46 i 103 27 % y4 25% 33% 111% 96 10% * '36% • 6 y4 83 4,600 36% " 54% ' *45% 30- , 16 25* 32% 50% 57 6% 16% 25 .433^ • *. 9 ,v 28% 18 36% " '*• 96%' 53% 8.700 18% 160 • 18% *82 109% • 46 *55% / ^ , 1, ; 25 32 6% 53% 83 16% 109% 14% • • ,. v; v 1' ' Inc r Jan 85% Jun 32 « No par... .;.. common-—— Cutler-Hammer '. . • m 6% 51% *82 16% *10T No par A— 6% 52 83 ■' 96 v. 1 ^ 6% 17 v 13 % ' 49%- " 5 common *18'/a 431/8 < ~ Inc—2.50 preferred prior 34% Feb 11 Stores 19% 29 % „ 5 ; Drug 1 1. '~y 100 Inc__ *19% *45% 10 common preferred-- Cunningham Mar 13 14 % Feb 15% Mar 30 Marl6 Sugar Packing 19% • 89 y4 23% *94 28% 7,300 3,200. - 17% V ! 165% %' " 89 13% 311% 53% * 55% 23% 104 prefeiTedt._100 4% % ** 164% 13% 28' Shares 27% " 36% 23% 24% , '■ Americaj._12.50 Cudahy . 163 27% 31% e ' 23% 16% - par" No of Cuban-American 13 9 May 9% May 19% Jan 20 15% Jan 29 27 % May 30 30% Jan 19 70 % Jan 7% May 11 16% May 16 54% Jan 15% Jan 30 27 ' 7 May 14- 1 96% > common—5 convertible -5%% 9 27 10% May 1 36% Nov •31 % Mar 29 • Crucible Steel Co *94 50% -No par preferred—— 54% 162% 31% 13y4 37 55% 27% 27% - the Week May IK 31 % . 18% 36 % 23 % *82 ... common—2.50 preference-- conv. $4.20 19 16 % Jan Mar 21 9% Jan 64'/a Jan V' 107 %• Feb Apr 14% May 18 May 18 % ' '96% r " • 18% 37 90 "" Publishing--—___1 preferred—, 18% 19 _25 6c' Seal Cork 13% 28% 53% *89% *94 1 com preferred conv Crowell-Collier v • Corp 13 X27% Sales for Friday 27 y4 . • ' 23 " * v 100 Petroleum. 32% 35 '• 53% 90 , 25 ; 18 % 35% J- * 163 1 common. - . *89 % 1 preferred.. Ci'escent 12 42 % Mar 19 May 11 Co 3%% 29% 28 31% PRICES 1Thursday May 17 . 27% • • _1, 1 Crane * 12% 32 % 13% 161% .. .<i 1947—100 Corp„ : 27% 28- ' 29 34 100 Coty International Corp 47% May 18 12 67 - Petroleum Incl— 41% May 18 4 6 3%% , Coty '13 50% 5 common preferred— preferred ser Cosden 4 ' 92% Jan 12 Dec 89% Jan 12 Works 1- 45 26% SALE HIGH May Hi " 17% , ± 50c , AND Wednesday • 31% 32 28 5 u 8 104 45% Nov 20 44% Nov 24 51 % Dec 25% 12% , 5 — Co 2 •7% Mar 17 29% May 14 50% Mar 10 134 : Apr 1 Co Glass 3%% 27 Steel 82% May 23% Jan May 15 *•31% , l«v' Corp, 68% Jan 16 Tuesday 25 5.. 76% Jan 11 „ . Co 50% May 11 24 Monday May 14 5 Corp Rubber Products Corning 21%. Mar 12 5% May 18 & Copeland Refrigeration Copper Range Co—, 43% Mar 21 9 9% Apr 17 70% Aug 31 5 '„ .. Par America— 16 21 22% May 11 of Co • 88 •>£ - . May 18 %Jan Controls 5 34%. Mar 19 34 May 14 50% Jan 26 63 % Nov LOW STOCK EXCHANGE . 15% Feb 12% May 11 27% May 16 22% May 24 26 45% May • 3 145% Sep 26 83% Jan 5 34'/a Feb YORK - , 42% May 31 " .26% Oct 24% May 6 15% Dec 27% Jan 13 Lowest ,40% May 31 , 7% Jan' STOCKS .... NEW Range Since Jan. 1 - Highest , Highest '• 24 % Jan * < 1001 Year Lowest r 46% *47 47% 20 47% 2iya 21% 21% 22 23% 21 y4 2J.'% 21% 21% 21% 5.700 23i/4 23% 23V4 23% 16,200 441/4 23% 21% 21% 213/a 45 44% 44% 17,200 1.600 < E 27 213/a Oct 24 29% Jan ; 811/4 Jan 89 3/4 May 24 3 16% Jan 3 97% Sep 25 10 23 55% Feb 16 Eastern 92 Feb 27 21% Jan 4 Apr 851/4 Jan 16 253% May 17 1193/4 Apr 273/4 Jan 43% May 10 32% May 15 54% Dec 12 3 30 Eastern 23 11 May 11 101% Jan 97% Mar 17 115% Mar 15 7 100% Apr 41/2% & prior $3.60 5 90 90 17% 104 107 106% 108% *991% 100 *99 100 preferred 50 6 32 % May 14 40% Mar 23 Eaton Manufacturing 15 68 May 17 881/2 Jan 3 Edison Bros 1 89 Apr 24 Jan 91% May 2 263/4 Dec 93 Feb 29% Dec 2- 20% Jan 4 1130% Dec 24 Oct 2 95 Apr 21 12 36% 19 43/4 Oct 243/8 May 95 12 44% Jan 6 67% Apr 22 8 51% May 14 Electric & Electric 16 May 1 22 May 17 31% May 17 16 Jan 5 Elgin El Corp Auto-Lite 13 Emerson Radio 20 16% May 11 11 16% Apr 27 11% Jan Oct 30 22'% Jan 3 45% Apr 18 35 4 45% Dec 5 Dec 11 23 2 May 10 40% Jan 5 20'/2 Jan 14 Mar 9 Evans 49% 50 % 49i% 50 48% 48% 12% 13 12% 13 12% 12% 12% 12% 4,900 23 22 Va 22% 22 22% 22 22'% 111,600 Co 1 Phonograph——5 33Va 11 % 35 35% 12% 32% 35 31% 33% 31% 32 Va 35,800 11% 12% 11% 13,500 10 421/2 44 18% 44% 18% 44 Va 18% 45 % 18% *43 18% 60 20% 41% 35% 11% 433/4 18% 60% 21 60'/4 21% 60% 22% 60% 22% 60% 41% 42%: 41 Mfg 100" 1 -8.50 Co RR Co 36% Jan 2 Eversharp 9 Ex-Cell-O 13 45 Sep 15 343/4 Apr 4 7% Jan 3 147/8 Apr 3 Jan 3 28% Apr 4 1162 % Dec 29 88% Oct 27 20 21 6 Jan 6 13% May 8 25% Jun 30 363/b Oct 10 43 11 52 V2 Nov 28 35 Jan Jan 4 25% Dec 29 45% May 17 1 31% Dec 25% Dec 21 307/8 Nov 1 5"% Jan 9 11% May 8 For footnotes, see page Factor 15% May 14 ■5% May 14 21% Feb 7 Fairbanks 8% Feb 14 20% May 14 43% May 18 23 '/a Mar 12 7 Apr 17 30 241/a May 14 50% Jan 17 32% May 15 2 3 3/s Jan 30 19% May 18 7% 27. Apr 9 70% Mar 21 11% Feb 13 32% Jan 2 523/4 Feb 21 39% Mar 29 28 8 Mar 29 Jan 2 10% Mar 13 11% 3% 15Va 33/8 3% 11% 11% 44% *4i% 18% 18% *60 60% 60'% 22% 22 22% 21% 22 5.100 42% 42 '/a 42% 42% 42% 2,900 31/4 11,300 11% ' 18% 15% 61 61 17% 17% 16% 17'/4 11 Va 11% 11% ll'/4 24% 25% 421/4 43 17% 11% 11% 11 Va 11% 24% 42% 253/4 44% 25% 43% 26% 25% 25% 44% 43% 44'% ; v.. ; ; ■ ■ . , ' 39 40% 40% 41% 40% 41% 15% 15% 15% 16 16% 16% *15% 1 $1.60 40 Falrchild Camera & Instrum't Corp 1 Fairchlld Stratos Corp 1 53/4 6Va 20% 6 *20% 6% 20% 6% 20% 6% *20'% 48 49% 45% & class A Co Morse Co & Whitney Corp com convertible preferred Fairmont 5% Foods Junior Falstaff Co common-" preferred Brewing Corp Family Finance Corp Fansteel Metallurgical Fawlck Corp - r. Corp_ 20Va 46% 7% 50c . 50 1 1 5 2 ; - 24% 51 7% 25% 50 7% 61/4 21 51% 15% 1,100 1,500 480 580 62% 10 16% 16% 12,900 11% 11% 8.000 24% 24% 42% 7,200 *60 61 > , 42'A 6,100 .. 39% No par (Max) 15% 15% 16 *60 17% , , 44 3% 33/8 31/4 3% *15% 15 % 16% w/— 1 *60 f 3,500 18% 60% 61 17% Fairbanks 35% Jan 15% 61 51 1 3 Corp 46% Mar 14 *60 42 3% x50 / 5 Co Inc 49 Va Apr 3% 15 ±50 501/2 1 f 1[41% Dec No par com Inc„ Products 1,200 36,700 221/2 preferred series A Pittsburgh RR Co 3 534 2,400 12,900 12% &; Erie-Lackawanna Eurofund 52% 29 22% 9 23% Apr 53/4 31% *513/a - 12% 3 153/4 July 28 5% 31% 31% 22% 41/2 Jan & - 5 Co— preferred Englehard Industries 5% ' 48% " ' 50 99 5% 4% Erie *96% 99 *96% 99 300 24,200 3 Electric May 17 *96 V 27% 9,600 Corp common—25 26 61 99 5% 211/2 Jan 2 *96% 5% May 14 Jan 1, 5% '/a May 18 o 15 ♦, 5% 26 57 / 5% 471/4 Jan 19 99 5% 41 23 *96.% shrs__10s 1 Jan . 35% 28% 26% Feb 63/4. Mar 22 , 52 19% May 10 32 3/4 Jan 27 27% 29% 5 59 27% 27% 28% 2 IS 27'/a 26% 28% 63 % Jan 29 28% 27% 283/8 23% Jan 29 26% 29 6 18 '/a Dec 93 28% May 10 53% Sep *91 28% Gas Feb Gas 91% 10 Amer Watch Natural Equitable 91% 28 Va Endicott Johnson May 16 93 5 Empire District Electric Co— 17 *91% 513/4 Emerson 48 3% Nov 93 31 % 15 3% Mar 16 373% Jan *91% 52 49 % Mar 30 8 93 31% 18'/a Apr 33% May 69% *91% 52 11% May 11 18% July 24 *68 31% 42'/2 jan 60 68 52 5 793A Mar 16 ' 31% 10 22 68 52 12 Dec 100 35% 36 703/4 34% '30% Dec 17 *97 351/a *68 513/4 16 3/4 Jun 49 100 35% 72 35% 30% 35% Jan 10 15 *99 5.800 39.800 *67 343/4 470 16% 108% 293/4 Share Co— 26% Jan 42 100 89% 16% 107 ' .51% Co Ind National Paso *99 89% 17% 108% 1 Storage Battery 56% Feb 12 20i/4 Dec Jan 30 8 19 32% Jan 33/4 Dec 333/8 Jan Bond Mus 1 ' 16% 107% 5 of Amer Electric & 90 89% ./ 17 % 108% 71 100 Electric 46 3/4 Jan 653/4 Mar 22 30% Jan preferred— 5 2 16% May 15 common 6 6% Jan 11 Co Nut 341/2 90 107% 2.50 preferred Stop 32% " *66 common—1 63 3/4 Mar 16 28'/b May 14 Elastic Inc 35% Apr 5% Jan 19 26 < 1 v 100 Stores Products 4 %% Mar 22 11 29 59 ' _ 7% Apr - Dec 3 26% Jan 96 20 6 11% Sep 11 Va Jan Feb 34% Sep 243/4 Oct 46 28% Mar 16 1 4%% Ekco Co 1 45"% 17 28 18 *89% 163/4 Jan 89 —100 17 Dec Feb "45 " 89% 403/a Dec 83 23% 46 16 98 23 22% 23% 45% , 89% 3 99 x213/4 45% Corp—2.50 10 11 22% 23% 43% common—:—10 Steel Co 59'% Jan Jan 22% 23 preferred Kodak " lv com—10 Assn 30% Jan 96 — Inc Fuel Stainless Eastern Eastman y Co— Lines - 8% 7"% 243/4 25%,, 25% 51 51 *51 33 3432% 257/a 26% .- 261/2 20 20%-. -.20% 8%.. 8% 83/b 52 34% 263/4 21 Va8% *51 33%26% 20% 8% . _ - ' 40% 38% 39% 16 *15% 17 6% 6 % *20% 21 43V2 v 61/4 21 13,500 600 40,100 400 46% 69.200 8% 734 7% 7% 7% 19,500 25% 25% 25% 25% 25% 5,700 53 34 26% 21 Va 8% *51 , 47 Va *51 53 53 20 331/4 33 33% 5.500 26% 26% 26% 261/2 7,200 20 „ 33% 201/4 19 % 19'% 9.800 8% 900 8% 8 % 8 The Commercial and Financial Chronicle (2392) . . Monday, May 21, 1962 . NEW YORK STOCK EXCHANGE STOCK RECORD STOCKS Range for Previous 17% Jan 3 25 Vb May 3 397/a Nov 35 16' 10 19% May 10 24 y4 Jan 17 42j/4 Oct 13 23% July 27 12% Dec 29 Dec 5 33 J/2 Jan 3 19 Aug 30 21 34% Feb 19% May 14 2 18 y4 Jan 2 15 % Mar 16 34 y2 Mar 21 26% Aug 2 83 % Apr 9 2 Ferro 31% Feb 15 28% Jan 4 69 Nov 24 36 % Jan 30 50 % Jan 2 49 % Jan 4 75% Dec 4 57% Apr 4 72% Jan 2 Nov 28 82 4 41 % Jan July 14 10 4 31 Mi Jan 3 48 J an 11 21% May 14 5 34y2 May 382 93 y2 Nov 17 Dec 5 May 31 73 Apr 13 303% Apr 13 27% May 11 First $4 6% Feb 47 5 87 % Mar 12 360 Mar 13 40 % Jan 2 F 21 % Jan 8 14% Jan 3 Food 38 % 42% 43% 44% 43% 44% 42% 59 59 59 60 % 59% 60% "61 17% 18% 18% 18% 18% 19 % 18 20y8 20 V* 20% 20% 84 % 85 % *84% 98 98 *41 43 Co Power & Light Co Corp divid $4.20 Ford July 31 9 26 15% Nov 21 9 Vb May 14 14% Jan 4 Foremost 31% Jan 43% Oct 19 45% Feb 8 Foster-Wheeler 61% Dec 18 35% Nov 28 40% May 3 30% Jan 22 Feb 1 Foxboro 3 1 15% May 14 19% Jan 3 35% Jun 23% May 15 29% Jan 12 67% Oct 19 27 5,0 Vb Nov 19 Jan Feb 32 13 80 2 Nov 86 Feb 6 Jan 2 27% Feb May 14 22% May 11 3iy4 Aug 23 3 73 Apr 15 56 84 Jan 4 % 98 % of Mineral Motor Fram -■■18% 42% ' 42 ; 42% 4% 4% 4% 39 39% 39% 40% 40 64% 64% 65% 64% *95% 65% 22 Va 23 75 Va 76% 4% 21% 74% *310 22% 75% *310 — ,29 V* 30 93% *92 4% 4% 22% 4% 93% 29% *92 1 20% *15 % 16% *15% 16% *15% 12% 12% 12% 12% 12% 12,700 11,100 283/a 283/4 7,600 92 92 % 14,200 393/4 12,800 44 39% 42% 43i/2 30,100 60 61 18% 18% 203/4 20% 21 85 84% 84% 10 96 % 190 43 100 97% 96% . 43 *413/4 8,600 5,800 19,300 45/8 43/8 43/8 40 < 76% 40% 39% 40% 18,700 65% 64 % 64% 38,200 22% 22% 74% *310 30% , 64 , 23% 75% - ■; 18% '*41% 40 % 60% 19 3,900 6,300 % 61% *84% v 283/4 ' *41% 20% 75% *310 30 29% 93% *92 20 % > 22% 75% *310 293/4 93% 29% *93 1,400 22% 76 4,600 12,500 3103/b 293/4 11,700 93% 20% 20 % 20% 20% 16 % *15% 16% *15% 16 % 12% 12% 12% 123/s 125/s 6,700 3,100 1 14% 14% 15 14% 14 Va 143/s 14% y 13% 14% 5,700 89% 93 92% 93% 91% 93 90 Va 91% 90 913/s 129,600 2 Inc 14% 5 Co 9 Vb 10% 10 Vb 10% 10% 10 % 10 10% 10 10 Va 55,600 34 32 Va 32% 33% 33% 35 33 Va 34% 32% 32% 6,900 1 44% 46 45 % 47 457/a 45 Va 453% 46 453/8 453/4 3,300 50c 35% 38% 37% 40 39 397/a 38% 39 383/a 38 % Corp 10 Franklin Stores Corp Sulphur 10 33 %c Inc Trailer 15 Va l Co Co 1 common preferred 4% 98% 20% Co Corp Frueliauf 98% 85 96% 21 Va Co Friden 87% 10 preferred Dairies Freeport * 20% Mart Inc Foote x20% 20% 2 convertible 4 24 series pfd 116% Jan 5 *85 Food Giant Markets Inc common—1 89% May 14 26 19% 2.50 10 common convertible 13% May 18 Dec ' Nc par Ltd Corp 5 14: Vb Jan 5 common 29% Mar 22 27 x2'8 Va 1 Inc Moore 117% Dec 11 29 % 19%92% V 41% 3 26Va Aug 14 -18% • 40% 18 42 Va Apr 28% - 92% 17% Oct -67 29% -19% 95 63% Jan May 10 ,,19% 41 % 5 12 32 23 93 % 12 y2 Jan Apr 22 % 41 Va 4% 12% Apr 23 97 28 15% May 11 22 % 41% •*92 5 30 20% 26,700 11% 42 Vb 96 & 483/4 11 % 42 41 1 27 ,, 800 113/4 40% '51__15 13 y4 Jan ?0. 28% 20 4,500 42% 94 1 Food Fair Stores Inc common 92 87 24 100 29% Jan 20 Va Mar 29 23% preferred 18 2 24 Va 473/4 (15,500 ,10,200 11 28% C M 22 3 23 49 Shares , 42% ' ' 38% 3%% Jan May 23 48% 11% 44 % ,..18% No par Fluor 13 11% 42% ' ii_i Inc Rubber & 1 Feb 11% 43% 22% preferred Apr 12 10 30 Va Mar Mar 16 89 27 48% Florida 8 Mar 20 May 47% 11% 41% 87 Flintkote 1 16% Nov 49 11% 41% 28 Va Fischbach 33% July 26 89% Jun 46% 11 40% the Week May 18 Charter Financial Corp_No par National Stores No par First 24% Aug 25 85 46% 8 39 4 45 Va 3 May 19 3 13 Jan 1,600 23% Jan 46 16% Jan 1,600 24 Friday ' 38 Va 23% 82% Feb 1 5 15 38% *233/8 37% 23% No par $4.50 conv A 2nd preferred__100 $2.25 conv B 2nd pfd No par Florida East Coast Railway Co__25 Florida Power Corp 2.50 May 59'/a Jan 250 8 26% Mar 16 Apr 86% Nov 17 58 y2 Jan Mar 20% May 95 1 *38% 23 s/8 37% 23% No par Corp '■! Federation 42 May 39 23% 36% 1.25 Products Tire May 19 4% May 18 Paper Firestone 87 60% May 14 Fiberboaru Financial 51% May 19 8 Jan 24 50 36% Jan 38% *19% A 19 Va . 24% 1. 1 15 Jan 19% 36 10 48% Mar 21 138 104 114 - 84 8 86 y2 Mar 29 Dec 95 19% May 11 34% May 22 19 3/8 10%' : 19% 36 Inc Filtrol 20 2 19% v *23 % Corp 35 Va Mar 15 11 24 51 y4 Nov 22 % Nov 5 Fifth Avenue Coach Lines Inc 35% Apr 17% May 14 19% 19 Va 19 x36% ' 25 24 Va Mar 14 164% Nov 38% May 14 A__23 preferred Dept Stores Fenestra 6 9 , com series pfd Paper Board Co common 4.60% Federated 13% Mar 14 . 2nd conv 53 % Feb 5 i 11 Federal 24 i 10% 10% Dec • 10 3/4 19 Va 10% 33% Jan 126 103/4 19% 1 23% Oct * 11 19% Pacific Electric Co 5%% 54 % Jan 14 17 10% Federal 27 Apr 373/4 7 Apr 24% Jan 12 23 % Jun 37% 2 7 9 38 37 19 22 Vb May 18% 37 Va 36 44% Feb 18 18 Va 37% 18% 5 23% Jan 40 % May 18% 37 Va 18 Mogul Bower Bearings 10 % Apr 4 18 Va 37% 11% l Federal 12 17 45 20 55% Dec May 17 Fedders May 14 36 23% Jan Thursday May *6 18% 19 Va 14% Feb 30 Sales for Wednesday May 15 5 Corp PRICES Tuesday May 14 22% Feb 6 10% Apr 59% Nov 22 1 10% Nov 42% July 26 Jan HIGH SALE Monday , Par 42% Mar 15 23% Feb 17% May 10 Jan 27 LOW AND STOCK YORK EXCHANGE Highest Lowest Highest Lowest NEW Range Since Jan. 1 Year 1961 > 15 Va 15% 15% 15% 15% 153/4 16% 16 24% 23% >24% 24% 25 24 Va 24% 24 24 % 37% 38% 37% 38 x36% 23% 24% 23% 24 Va 82% 82 82 21% 21% 22% 43% 453/8 46% 32 37 22% 24 81 81% 20% 100 7,500 16 23% 21 *81 2,200 23,200 37% 37 37% 23,200 23 s/8 22% 23% 39,400 83 82% 83 213/4 21% 21% 12,600 41% 433/4 42% 44% 38,900 45% 46 45 46 23 *82 170 ♦ G 12 y4 Jan 27 8 27 14% Jan 31% Jan 22 25% Apr 11 45% May 16 45% Apr 17 51 41% Nov 57 1 46% Mar Mar 13 19% May 3 22 y4 Jan 47% May 17 40 y2 Sep 25 56% Mar 17 3% Jan 3 5% May 12 24y2 Jan 9 29 y2 17% Jan 4 26% Dec 29 10% Jan 6 14 y4 Dec 1 22 y2 Jan 3 32 y2 Nov 16 92 y2 Jan 10 20y2 Sep 25 July 19 Oct 26 140 7% Jan 4 Oct 30 34% Jan 31 15 77 y4 July 26 44% Feb 29% Jan 16 « 8 Nov 107% Nov 55% Apr 104 1 49% 48% 49 Va 47 % 48 Va 473/4 483/4 6,300 3% 3% 3% 3% 3 3/4 35/8 3% 33/4 3% 4,100 50 *22% 23% 23 23 *22% 23% *22 3/8 235/8 *223/4 233/4 200 21 20% 21% 20% 20% 2,800 12% 12% 12% 12 12 28 27% 27V4 100 99% 991/2 100 39% 383/4 61% 39% 633/4 57,200 64 convertible General $0.60 preferred Acceptance 4%% Corp 1 19% 20% 20% 20% pref No par 12 Va 12% 12 12 Investors com—1 27 Va 100 Texas—5 *99 % voting conv American General $4.50 preferred 44 % May 11 General Amer 6 General Amer 86 Feb 8% Apr 23 Oil Contract General 16 % Jan 9 General 1 General Dynamics 78% Mar 12 General 30 Co„ Corp General Finance 78% May 14 96 Jan General Foods 30 Jan General Instrument Corp General Mills 43% May 18 1 26% May 14 108% Jan Apr 27 81% 9% 9% 9% 9% 16 16% 16% 17% 16% 16% *16% 17V4 39 39 % 39% 39% 39% 39% *82 83% 87% Apr 26 2 83% 36% 5% V 6 6 82 % 7 . 91/4 *16% 7,300 82% ■r 330 9% 17% 3,100 •" 1,300 393/4 40 39 393/4 83% 82V4 82% 83% 83% 100 36% 36 % 36 36% 36% 371/4 "3,000 5% 53/4 5% 5% 5% 8,200 *82 53/4 4,000 11% 12 12% 12% 12 121/4 ll3/4 12 29% 29 12% 30% 12% 27%; 29% 30% 29 295/8 28% 29% 62,500 68% 70% 70% 71% 70% 71 70 V2 713/s 71% 71% 100,900 44 46 44% 44% 44% 44% *43V2 45 43% 441/2 1,300 78% 80 80% 83% 82% 83% 81% 82 3/s 80% 81% 31,500 18% 19% 19% 20% 19% 20% 18% 19% 19% 19% 18,600 2,400 3 26% 27 Va 27% 27% 27% 27Va 27% 27% 114% 114% 114% 114% 114% 114% 114% 114% 1143/4 1143/4 280 49% 51% 51% 52% 51% 513/4 52% 521/8 52% 287,300 No par 113% 113% 112% 113% 112% 1121/4 2,000 27 86% 52 112 1123/4 1121/4 863/8 87 28 86% 112 86 18,300 No par 86% 86% 86 % 1 General Outdoor Advertising 15 *36% 37% x37% 37% 36% 37% 38 *3*7% 37% 900 1 General Portland Cement Co 1 24% 26% 24% 26% 24% 253/8 24% 25 24% 24% 22,200 9 General Precision Equipt Corp 1 39% 41% 40% 42 40% 42 39% 40% 38% 393/4 19,100 43 43 43 Preferred Public 37 Va Mar 22 General Public Jan 38 Jan 3 12 19% Oct 25 25% May 19 17% May 11 22 % Mar 25% Jan 6 41 y2 Dec 34% May 17 41 8 1 44 % Jan 5 28 Mar 14 $1.60 series $3.75 General 1 May 14 32% May 35% •> 7 42 Va Feb 9 24 31% Jan 5% *82 7% 10,000 30% Mar 5 2 5 81% 9% 7 600 4,300 100 preferred $5 7% Jan 14 7% 82% 7 Va 82% 6% 82% 9% 9 Va 1,400 1% common 44% Feb 6 1 General Motors Corp common 40% Mar 6 —1 No par Corp preferred 5% May 57% Jan 115 3 May 5 33% Jan 115 2 49% May 14 107% Jan 53% Mar 7 54% Apr 5 1 —5 Corp Electric Jun Dec Corp Controls Co 36% Feb 59 26% Jan Finance 19 1 2 run. 82% 7 82 35% 18% May Aug 11 7 38% 9% 6% 82 35 com Inc Co 38% May 18 8 av63% No par 100 Corp Cigar 7 52 683/4 Cable 1st preferred 4% General Jun 3 40 65 General 82% Jan 23 38% 67% 42% Mar 15 23% Apr 27 40 Va 66 5 Apr 23 46% Mar 20 *99 39 Bronze 83 27% 283/8 101 66 % General 1 15 28% *99 40% 9 Corp 28% 101 20% *11% 63 20 Va Jan May 14 6% Apr 34 *99 *46 37% 2 29 Oct of 27% 27% 101 Bancshares Corp 5 10 5% Jan Co Transportation—1.25 General Baking Co common *_5 $8 preferred . No par 42% Feb 37% Jan 29 48% 3% 31 78 53 47% General 42% Dec 4 2 Industries Inc common.l Corp Wood 2 86 y2 Nov 10 79% Jan 26%, Jan 28% Oct 12 Gar 18 67% Apr 13 110% Dec 6 Jan May 31 Dec 47 27% May 10 5 38% Sep 58 45 46% 11 % May 11 15 21 113 42% 46% 49% Apr 5% Feb 2 10 42% 46 11% Jan 34% May 1 24 31 Apr 31 106% July 14 40% 5 90 8 68% Jan Garrett 21% 5 Inc Co 4 19 37 y4 Jan 7 Skogmo 2 79% Jan 80% Dec May Co Gamble Gardner-Denver May 37% Jan 22% Mar 21 31 58 12 10 -1 Gabriel Jan 2 24 Mar 27 2 19 3 18 6% Feb 45y2 Jan 40% Jan 24 27 Mar 83 102 61 % May 9 19 24% Oct 16 80 Oct 60 y2 May 32 Va Feb 14 8 19 12% Oct 25 4 27 Va May 50 y2 Nov 5Va Feb 2 14% Jan 94 % Jan 13% Nov 18 17 3 27% Apr 26% Jan May 11 22 22% Feb 27 Jan 21 27% Jan 12 5% Dec 75 Feb 19% May 10 7 38 Va Dec , 2 17 22 % Jan 6 ,94% NOV ,15 "10 y4 Mar 3 May 26 75 58 Jan 4% Mar 19 1 3% May July 28 98 2 20% preferred conv No par Service 10c 43 *41 *41 86 1,100 43 100 6% 6 Va 6% 63/8 6 3/s 6% 63/8 25,700 29% 30% 30% 32 31% 32% 31 32% 30% 31% 18,800 _6.67 Signal 32% 33% 33% 34 34 34% 33% 341/4 333/4 333/i 4,700 6 6% 6% :10 17% 18% 18% 18% 18% 183/4 18% 183/4 18% 18% 8,600 1 Refractories 35% 36 36 Va 36% 36% 36% 34% 36% 35 35% 4,400 27 27% *27 27% 26% *26% 26% Industries General Steel *41 43 *37 2.50 Utilities Corp General Railway General *41 87 General Telephone Co of Florida— 3 27% May 11 26% Jan 15 28 Mar 27 26% July 14 25% Jan 5 27 Mar 22 Nov 1 29 Jan 24 3 32% Apr 21% May 14 20% Mar 20 13% Jun 22 92% Jan 25 101% Dec 7 Sep 19 107 Nov 22 29 12 May 14 24% Apr 100 30 98% Jan 3 104 6 30% Jan 3 53% Jan 4 30 % Apr 4 102% Feb 23 General Tire 58% Jan May 14 Corp Rubber & preference $5 5 % % Gerber 2 20 Feb 16 Getty Oil 19 Feb 21 Giant Portland 51% Dec 12 24% Oct 13 16% Jan 3 12 % Oct 3 Products 5 Gibralter 55 Jan 2 Gillette 43% Mar 15 Gimbel 4 22% May 14 32% Mar 21 Ginn 16% May 8 11% May 10 40% Apr 30 13 11% May 11 Globe-Wernicke 1% Apr 4 52% May 18 Jan 4 Goebel 14 Glen 45% Feb 14 Glidden 51% Jan 3 79 72% Jan 4 Goodrich 33% Jan 4 47% Nov 15 37% May 17 44% Jan 2 Goodyear Tire 27 Jan 3 55% Dec 5 44 % May 18 54% Feb 9 Gould-National 35% Jan 4 90 Dec 6 69 May Nov 21 15% Feb 2 1 Dec~27 May 18 86% Mar 23 34% May 18 37% May 11 Alden When 18% 17 20 Va Jan 29 40% May 17 21% May 18 34 % Jan 2 Grand 35% Jan 17 52% Aug 9 33 49 % Jan 2 Granite 30 15% Apr 11 25% Jan 18 39% Apr 3 23% May 11 29% Jan 2 75% Jan 4 80 6 76% Jan Jan 3 26% Nov 28 12 Va May 14 25 Va Jan 35"% Jan 3 70% Nov 30 50% May 14 60% Jan 19% Jan 3 28% Apr 48% Jan 3 16% Jan May 14 12% Apr Mar 2 81 % Mar 19 Co Mining Granby Union Graniteville (W Grant 3%% 52% 52% 535/8 53 533/4 523/4 533/4 52% 523/4 16% 16% 16% 16% 165/a 15% 161/4 155/8 16 15% 16% 155/B 163/8 16 16 153/4 16 155/8 16 of Calif_l 33% 38 383/4 40 38% 39% 37V2 38% 37% 37% 371/4 40% 41 42% 41% 42% 41% 42% 41% 43 85,500 40% 41% 40% 41% 39% 40% 393/4 40% 38 5/a 395/8 23,000 22% 23% 23% 23% 24 24% 24% 241/4 24% 245/a 5 16% 17% 17 % 17 17% 173/a 173/4 173/4 173/4 8,800 12 12 Va 12 173/a 12% 12 12 % 12 12 12 121/4 36,400 42 43 425/8 43 42% 43 423/4 423/4 5,100 12 12 12% 123/a 12% 12 12 3,400 1% 13/4 l3/4 3 35% Feb 28 7 144% Jan 29 36% Jan 2 24% May 14 30 15 93 Jan 8 94% May 14 55 Apr 9 57% Apr 43% Feb 36% 353/4 36% 471/8 441/4 443/4 6,300 72% 69 703/a 27,600 343/4 35% 4,800 5 17% 17% 173/4 18 175/8 17% 17% 18 Va 181/4 18% 1,800 22% 23% 23% 24 23 23% 23 23% 215/a 225/s 17,000 33 34%- 345/s 353/8 34% 351/4 34 % 35 333/4 34 13% 14% 2.50 100 23% 23% 79% 79% ■ s xl3% 24 *79% 9,700 135/8 14 13% 135/s 13% 133/4 9,300 241/4 24% 24% 24V8 241/2 24Va 24% 8,100 80% *79% 80% *79% 801/2 *79% 80% 14 Va , 20 15,400 25,500 Prop—No par 20% 20% 20% 205/a 20% 203/B 20% 20% 205/a 46% 47% 473/4 48% 48 48% 48 48V4 47% 47% 1,900 40 Va 40% 41 425/a 41% 42 3/s 41 413/4 41 41% 20,500 24 25% 25% 27 25% 263/a 24% 25 24 243/a 45,300 3 21 Iron Great Western 7% Green Ore Co Co Sugar com ~4%% conv preference Grumman Aircraft Eng Corp 4 2 $5 32% Jan 3 44 Dec 13 37% May 14 44 Va Apr 35 % Jan 16 47% Nov 13 19 12 3 94% May 11 Jan 2 97 Mar 93% Apr 104% Dec 10 95 Jan 24 97 Apr 18 preferred $4.44 dividend preferred 104% Jan 10 106% Apr 30 $5 106 13 Mar 12 $4.20 dividend preferred $4.40 dividend dividend $5.08 preferred dividend Gustln-Bacon preferred Mfg Co 343/4 143 3 100 24% 26% 26% 27% 26% 94% 94% 94% 94% *941/4 56 56% 56% 56% 56% 50 1 States Utilities Co com_No par 87% Jan 35 143% 28% Gulf 90 34% *143 27% Oil 15 33% 143 27% Gulf Corp 33% 143 3 No par 8.33% preferred 94% Jun 108 % Mar 14 100 Gulf Mobile & Ohio RR com_No par 88% Apr 27 7 No par preferred Shoe Manufacturing Co Greyhound Corp common 4 % % preferred 78% Feb 70% 52% 27 Va Jan 27. 45 73 % 36 123/b 1 see page 47% 72 373/8 52% 3 footnotes, 47 75 36% 12% 75 41 473/4 73% 37% 36,400 533/4 24% Apr 10 46% 73% 36 30,900 3 81/4 125/8 12 Jan 47 71% 535/8 373/4 12% 11 28% May 14 46% 52 5/a 383/4 51 3/4 Dec 105 4 Inc 5,100 553/4 13 Va 27% Oct 49% Mar 29 373/4 55% 79 7 53% 38% 123/a 3 Dec 56% 38% 533/4 3 43% Apr 55% 39 Va 54% 203/4 Jan 31 56% 37% 133/a 18% Jan 37% Jan 553/4 38% 13/4 25 No par Great Western Financial Corp 1 27 Va May 10 May 56% 37% 1% 13 317/aMay 34% May 14 53% No par l5/a 53% 140% Mar 2 13/4 53% 1 Aug 15/a 13 Va 39% Jun 40 xll% 1% 6,100 12% Aug 3 36% Dec 21 96% May 24 11% 1% 6,500 9,800 50% 42% Jan Feb 41% 11% 5,600 17,300 1 24 May 19 41 Stores 20 27 100 Atlantic & Pacific Tea Co—1 Grayson-Robinson 44% Dec 146 120 99% 105 Great 5 Paper May 14 263/8 *991/4 *103 15% common Ry 69 87,300 99% 52 5 Co 39% Dec i 36,700 Co T) Northern For 441/4 preferred Northern 12 43% 6.25 Nor 33% Jan 45 Steel City Great 9 441/4 26% 273/s 104 104 5 Great 28 46 Ltd Co Great Jun 443/4 Co 47% Feb Jan 45% 99V4 99% 1 62 % Feb 101 45% Co 24% Feb 102 44% 263/a 28% 105 1 Batteries & 20 Va May 14 4 42 issued 46 May 8 40% May 11 Oct 11,800 27 *99 % *103 1 & Rubber 7 91 3 8 3,4 99% 1 10 23 Sep 20 4 86% Jan 38 3/4 28% 105 26,600 5 Mar 22 85 383/4 Co Corp 51% Feb 13 38 5/a *103 105 13 5 39% July 12 Mar 22 39 (B F) (W R) Grace 5 29% Apr 3 8 5/8 Co 4 90 39 Corp Brewing Jan 3 38 3/4 Co 14% Feb 3 Jan 38% Co 14% Sep 20 38% Inc 8 & 3 3 5 *103% Gladding McBean & Co— Jan 19 4 3 99% Brothers 31% Aug 23% May 11 3 13 X275/b 99% Co 1% Jan Jan 27% 99% 125/e 1 Mar 37% May 14 38% May 18 11% Jan 28% Jan 25% 500 133/a 5 Financial 53 18 35% Jan 25% Feb 125/s Co Cement 57% Dec 17% May 16 47 Nov 28 139 133/a Co 33% May 14 13 133/a 123/4 192,100 10 62% Jan 2 15% May 10 8 13 23 1 8 15% Jan Mar 6% Jan 13 22 5/a —_1 50% Jan May 19 21 26 12 com 1,900 23 4 17 21 6 x22 5/a Georgia-Pacific Corp 2 70% Nov 26% 23 % — 3 3 July 25 26% 23 Inc Genesco Nov 17 27% 26% 23% preference 14% Jan 42 27% 26% 22 5/8 80c Time 42 75 % May 24 27% 26% 22% 100 100 20 General 38 Va May 10 41 % Dec 27 26 % 30c Tele & Electronics 106% Apr 26% 21% —2.50 General 19% Feb 26% 26 % preferred 2 13 42% Feb 19 Mar 22 25 25 (series B) preferred $1.25 3.33% 1 $1.30 25 y2 Jan 24% Jun 100 100 100 100 100 2.50 30 295/s % 333/4 34% 33% 144 143% 1433/4 143% 30 29Va 29% 29 Va >29 5/a 28% 273/4 283/a ,28% 29Va 343/4 *941/4 95 95 *941/4 2,700 33% 143 150 ' 2,600 27,900 95 40 57 9,200 56% 56% 11,'±00 563/4 57 37 37% 25% 20,000 34% 36 Va 36% 37% 36% 37% 355/8 37% 25% 25% 253/a 25% 25% 25% 25% 255/8 25% ♦75% 76% 763/4 763/4 *76% 78 76% 76% *763/4 37% 39 39% 40% 393/4 40% 39% 40 383/4 39% 56,900 38% 39% X39% 393/4 393/4 39V» 39% 39 395/8 14,300 *94% 95% X92 % 92% 96 x95% 95% 95% 95% 98% *953/4 98% *953/4 98% 107% *105% 107% *105'/4 107V4 96 *97 *106% 108 28% 108 29% *106% 30 109 31% 393/8 *92 *1063/4 31% 32% 7,500 300 *92 94 109 78 ' 94 *92 96 10 *941/4 95 *94% 96 120 *95% 98% *953/4 96% *105 % 107V2 *105% 107% *1063/4 109 *1063/4 109 30% 313/8 30% 30 5/8 — 100 4,100 Volume 195 Number 6161 . . . The Commercial and Financial Chronicle (2393) 21 NEW YORK STOCK EXCHANGE. STOCK RECORD Range for Previous STOCKS Year 1961 Lowest NEW Range Since Jan. 1 Lowest Highest YORK LOW AND STOCK Highest HIGH SALE PRICES Sales for Monday EXCHANGE Tuesday Wednesday May 14 Par Thursday May 15 May "6 May 17 Friday the Week May 18 Shares H 53 % Jan 30 66 19 60% Jan 39 Va May 18 60 Va Nov 4 42% Jan 3 " 20 23 Nov 29% Nov 29 21% Oct 28% Feb 9 3 112%: Feb 13 3 36 Nov 16 26% Aug 1 33 Va Dec 21 38 Dec 4 35% Dec 15 58% Mar'28 .35 Jun 19 46 Jan 128 6 32 % Dec 1 4 32% Mar 18 6 43% Mar 15 47 y4 Apr 27 28 17 y4 Jan H27 Nov 28 40% Sep 19 73% Nov 21 20y4 May 10 45 May 14 87 Mar 16 86 Jan 3 74% May 25 35 Jan 29 7 Jan ... 3 24 46% Jan 38% Nov 20 108 Jan 3 115 67% Jan 4 86 38 Nov"17 Jan Hazeltine 64% Jan 18 88 Mar 2 Heinz 19% Apr 6 Heller (W E) 17 Helme (G W) 39% May 14 Mar 21 50 9 7% 69 Va Dec 53 ya Sepl9 20% Jan 26 6 53 25 Apr 1 5% 82 Jan 3 $2 40% Mar 27 48% Apr 28 y2 Mar 30 3 Sep Feb 23 1 13 21 7% Feb 7 16 Jan 20 7% May 18 10 43% Mar 22 33% Feb May Jan 11 24% Jan 12 30 14% Oct 31 Apr 28 29% May 10 29 liy4 Mar 13 11% May 8 7% Apr 30 17% Jan 8 % Dec 29% Apr 19 30 36% Mar 29% Feb 6 31% Aug 9 30 % Mar 28 30% Jan 40 % Jan 4.4% Mar 28 51% May 11 Homestake 32.0 May 14 41% Jan 3 Hooker 90 % Feb 14 43% Aug 28 Apr 5 88 Jan 93 20 Mar 2 29% Dec 3% Dec 15 6 16 V* Dec 18 19 Apr 3 24% Nov Sep 22 40 V2 Dec 19 60 y2 74 y4 Feb 23 16% Jan Sep 8 5 47 Jan 10 r: 90 Jan 9 10% Dec 27 y 127% Dec 11 •15% Mar 23. 3 23y4 Apr Jan 3 58 % May 35 y2 Jan 3 72% Dec 4 82% May 17 Mar 29 88 96 >May 11 119% Mar 8 4% 4.40% Jan 4 Howard 17% Feb 8 Howe 56% Apr 9 Hudson 68% Jan 2 Hunt Foods - 97 Jan 2 101% Mar 97 Jah 4 101 7% Jan 10 Sound 2 Idaho Power 2 Ideal Cement 2 Illinois Central 30 Illinois Power 44% Dec-19 37% May 18 42% Jan 16 46 Oct 37 41 Jan Apr 114% No par 56 % Jan 25 64 Indianapolis Feb 8 943/a Aug 9 Jan 2 305/8 Apr 26 5Y8 May 17 62% May 14 20 common preferred 7 % Feb 19 Jan 5 87 607 Oct 9 149% Apr 54% Oct 27 84 % Nov 23YsJan 25 55 % Jun 14 « 430 48 % 145 6 77% Jan 3 24Va Sep 27 58% Jan 3 87 22% May 11 2 94% Dec 29 Dec 19 26 38% Oct 96 Co 42 Va Apr 1233/4 Mar „ 17 7 11 393/4 Nov 22 4 2 33% Jan 60Ya Apr 118% Dec 13 11 48% Jun 12 40% Jan 12 50% Jun 13 21% Jun 27 20% Jan 4 52% Nov 22 2 6 5/8 Nov 30 42% Jan 3 62% Nov 413/4 Jan 3 383/a Jan 10 21% Jan 3 113 Oct 18 17% Oct 24 13 3/a Oct 24 2 14 9 Mar 16 102 102 102 102 102 102 32 57% Mar 159 V* Mar 57 Feb 853/4 Mar 6 Interlake 4 21 86 May 10 26% Feb 1 29 % Jan 2 37% Mar 13 41% May 14 98 May 10 393/4 May 18 98 Jan 3 29 Feb 19% 19% 40% 41 41 49% 49% 49% 79% 80 *86% 87 & Iron International Int'l 5% 10% f103/4 1,300 12% 12% 123/4 28,500 53% 53 53% *53% 53% 53% 54' 53% 53 Va 4,200 51% 51% 52% 50% 52 Va 49% 50 Ya 51% 15,700 99% 99% 99% 100 100% *99 % 100 38% 17% 17% 30% 2 International 2 Iowa 4,800 38% 37% 38 4 15 Va Jan 3 74Y8 May 22 110% Mar 7 30Va Dec 13 56 % J an 3 75Y8 Dec 12 96 3 102% Dec 4 48 May 14 86 Apr 30 20% May 1 523/4 May 14 101 Mar 8 Creek 52 % 52 % *51% 52% *51% 9,900 52% 52 % 32% *96% 25 5 438 % Circuit Lake *83% 1 46 46 Johnson 29% Jan 2 Jonathan 73% Jan 2 Jones & 33 % 33% 97 *96% 253/a 25 Va 454% 452 40 153 403/a 39% 52% 53 47 *45 180 320 293/a 293/4 6% 5Ya 5Ya 5 Ya 64% 66 % 67 153 403/8 2,200 *151 39% 51% 53 45 40 23,100 53% ' *45 96% 96% 96 96 96 97 26 26 463 452 26% 447 52% 42 Va 525/a 156Va 403/4 156 40 1034 *83% 30 10% 32 Va 85 29 73% 85 10Ya x31 96 *943/4 73Ya 26 Ya 457 52 156% 523/4 157 10% 27 459% 26Ya 5,800 451% 93,500 53 52% 156% 1563/a 40% 393/4 85 85 293/a X71% 293/a 29 29 72 Ya 71% 72% 10% 11 10 3/4 11% 8,700 313/a 30% 31% 30% 30% 91,200 95% *94% 95% *943/4 95 Va 8% 8 8% 7Ya 7Ya *7% 8Ya 46% *46 46% 13"% 45% 45% 45% 45% 80 12 Ya 13 Va 12 3/4 12% 4,100 28% 27% 283/a 27 Va 273/4 16,400 27% 27Va 29% 28 86% 88 86% 87 26% 26% 26% 2634 2 6'/a 26Ya 37 38 38 38Ya 38Va 39 *385/a 40% *39% 40 Va *39% 44Ya 99 Va 99 41 % 42 41 % 8734 *39% 40Va 46% 44Ya 100 Va 100 873/4 45Ya 41 *46 42 100 413/a 46% 88 88 89 % 26 Ya 2 6Ya 263/4 4,300 37Y6 38 % 4,-500 40% , *39% 44% 44% 100% 10134 40% 40 Ya 393/4 40 46 Va 46% 46% 23 Ya 40Ya 40Ya 42% 40:% 42 40 41 % 23 Va 24 233/a 23% 23% 23Ya 23 Va 233/4 23 3/a 533/4 55% 55 53% 55 53% 53 '/a *46 *543/4 463/4 47 Ya 48V* 48 Va 48% 49% 48% 4&% 4o34 4,200 48 47% 47% 47 48% 47% 47% 47% 43% 4.200 20% 26% 26% 263/4 26 3/4 11 *119 16% 12Ya 18 *85 25% 120 1 253/a *119 163/4 163/4 13% xl2Ya *119 16% 17% 13% 183/4 18% 18Ya 87 86% 86% x53% 56 543/4 56% *85 87 86 86 48 49 49 49Ya . 16 % 16YB 13 13 13% 13Ya 54Va 55% 53% 54 Va *85% 87 Va *85 Va 87% 49 88% 893/4 91 20% 22 213/4 22 % 523/» 56 55% 573/8 55% 102% l023/4 1023/4 *102Va 102 Va 120 *119 85% 87% 100 17 13% laYa 5 . 120 85% 50c Jov Manufacturing Co 25% 25Ya 120 common_10 Inc 4 48 5 47% 5 4 Ou 25% pfd—100 Corp 173% Jan 89% 213/4 50 89% 21 Ya 56% 103 h 34 86 3/4 Id Va 86V4 a *119 16% 13 l/Va 86 53 *85% 4,700 120 16 % 3,300 13 1,700 11 Ya 7,400 100 86 53 Va 5.2UO 87% 20 48 V* 49 % 48 34 4^ Va 23,400 90 91 88 Va 893/4 3,100 22 Va 22 Ya 7,400 54 % 55% 54% 55% 36,600 102 Va 102% *102 Va 102 3 4 21% 21% 80 1 15% 15% *15% 15% 153/a 15% 15% 15 % 15% 15% 1,600 1 29Ya. 30% 30% 31 Ya 31Va 32 31 32 39% 31 Ya 6,300 . For footnotes, see page 27. coo 7,800 47% 100 40% Jan 1,500 OO 1 5 Co 29Ya Apr 2,020 3,000 10 Co 15% May 18 86,100 50c Co 48 1,300 40% 45% 100%, 44 % 100 38% 46% 400 39 88 26% 46% 39% 5 5% 100 2,800 39,000 *7Vs 44% common Laughlin Steel 470 15,300 ,463/4 8% 47 99 ^ 23,500 40 86 1 • 53 156 Ya *84 -3.50 Lt 80 26% 445% 39% 25% 5 100 3,900 97 12Ya *46 3,COO 35 13% 25 53% 47 34% 13%. 5 153 16,300 60 39% 45 12% com 1,700 68 153 39Ya 53 % 47 3,700 67 160 12 , 8,800 6 35% 29% 31 % 29% 34% 73Ya *95% 35% 293/a 58% 30 35 72 96 343/4 33% *29 31 Ya 34 Ya 33 % *83% 103/4 *7% 156% 160 85 10 % *46%r 503/4 1 41% Johnson— Logan 52 % *45 *39% Inc common Johns-Manville 39 513/4 30Ya 100 preferred 7 39% 47 64% 34% 10c Co Jewel Tea 7 *151 *95% 8.33% Corp Sulphur 2 Feb 160 29 1 751/4 Jan Co 64% com_No par Tel Breaker Machine 58 29% 6% 64% 35Ya No par 21 % May 26 30 *52 73% Co preferred series A Jorgensen (Earle M> Co Mar 20 51 *45 —1 com Light Coal Jersey Cent Pwr & 102YaMar26 38% 20 Corp preferred— & 52 7,300 48 2.50 Co 7 59Ya Feb »473/a 29 Stores Feb 112 48 71 & Power 33/4% 46 3/a *473/a 5 Iowa-Illinois 73% Jan *151 100 Iowa Mar 29 *453/4 48 40Va 2 86 46% *473/a 51 % 12 52% May 11 84% Mar 21 *453/4 48 1 56 34 27 3 46Y4 38 % Apr 27 *453/4 *473/a 48% Jan Jun 52 453/4 48 1 5 6 3/4 50 Nov 2,100 47,900 523/4 Apr 86 18 37% 33 83 *17% 37% 1 20 17Ya 37Ya 19 14 17% 100 373/a 27 Jefferson 40 38% 37Ya 44%Fpb 13 *373/4 37% 453/4 Jan 81% Nov 38 Va 21,600 323/4 49 553/4 Feb *37% 8 40 Va com—5 Light & Elec Jaeger 18 73/4 26 Ya Limited Utilities 593/4 Jan 21 38% 7Ya 32 3/4 25 21 10 *37% '^18 140 99% 7% No par Tel & Feb 24Ya Feb 17% 18 100 99 Va 39 3/4 pfd series B 53 87 38 8 100 26 Va convertible preferred 16% Jan 38 7% 100 32 Ya No par Silver International $6 8% 50 % 100 *99% 393/4 preferred— conv I-T-E 7% 100 26 Ya common Resistance Power 3 99% 32% No par International Dept Jan 100 39% 51% Nov 24 2 99 V* 26 Power Co Gas & Electric Co 173/4 Mar ICC 33% - 12 8 7% ' No par Rectifier 58 Va Jan 21% Mar 8,100 10% 12% 39% 373/4 Corp Packers 115 % Jan 122 % Mar 12 105 10% 13 Va *37% 1 Mining Interstate 24 104 10% 12% 26% : Interstate Jan 260 96% 10%. 5 Salt 16% May 11 106% 640 87 Va 13% 100 3 118 *95 10% t«-7% Rys of Cent Amer com„No par preferred-— ,100 Island *86 % * 32a/4 Machines International $2 yb'Var 13 100 Paper preferred 7% 105 % r>' 86% 385/a common of, Canada Nickel 4% »yt> 10% 1 Chemical 2 1223/4 May 10 245/8 Feb 20 109 86 Va . 13% *99 % No par common & 50 Ya Jan May 106% 107% 96 % 26% Corp 25 Va Jan 24 86% es 32Ya Inc Business 29 5 X106 106% 86% <■95 96%... 10% <• No par Ctfs 26 28 - 52% No par Co Jan Dec 87 *95 12,000 81%"' 48% 100 23 33% Dec % *86 - 700 50 %(?v't Kt'8l% 12% Light_No par Shoe 7 82 59 Ya 50 % 82 -10% 15 common International 50 % Mar 49% 81% 6 455/8 Apr 36Ya Jan 24 50 81 63/a 65Ya International 2 49% 81 41 58% *293/a International Mar 49% *79 Va ' *95 % .-96% 19% *40 Va 58% 29% Power 27 45 5,100 20 40% *16 50 Apr 24 39 Va May 11 41 % 700 193/4 19% 40% 47 26 Mar 26 16 % 20% 40 *46% 103/a Feb 36 ♦153/4 16% 19% 40 *49 International 25% May 14 16% 16% 19% 50 International 5 *15% 16% 40 47 16 4 16% 15% 18% *46% 19 Jan 2,900 *49 38 Va Mar 16 54 7,200 3 Ya 50 97 Va Feb /18Ya Jan 33 Va 3 Ya 47 153/4 Jan May 14 33% 3% 33 % 3% 343/4 3 12 170 33% 3% *49 15 45% May 17 102 Va 33% 3% 4 102% 33% 33% *46 Va 32 3/4 Jan 2 27,100 3 1 preferred $4 15,900 33 102 50 85s/a Jan 2 513/8 91 383/4 preferred Int'l 50Ya 32% *89 Va 33% 353/4 Minerals 4% 102 51 1,500 15,200 91 47 Harvester 7% Int'l 32% *89% *49 May 14 Jan 3% 50 % 33% *46% Int'l 8 16 32% 49% 33% x35 International 12% May 10 173/a May 18 3 91 48% 50 1 83 26 *89 32 47 2 85% May 19 Sep 91 4 33% 26% Corp Corp preferred 213/4 Nov 27 Jan *89 32% 303/4 32% 34% 58% 29% 6 Steel 3 13 91 34% *30% 34% 32 preferred 27 37 33% 49% *31% 30% *49 Ingersoll-Rand 13% Jan Jan 51% 32 Industrla Elect De Mexico_100 pesos 80% Jan 483/4 Feb 50 *90 33% 31% 33% 383/a common — 4%% 31% *30 % 34 *46% 33 % 573/4 29% x6 62 % May 11 7% Jan 11 32% Jan Jan 29 578 % Jan 26 49% 32 30% 50 9 Ya Apr 30 30y* May 17 38 Va Jun 6 353/4 Nov 30 443/4 Jan 32% 50 95 24 235/a July 12 108% Nov 31% *30% preferred 71 11 69 % Mar 28 35 Ya Apr 1 Apr 900 preferred General 29 28 Nov 17 143/4 Feb 2 May 14 38 % May 81 Jan 36% May 16 Dec May 98 9,300 7% 25% Interchemical 95 Apr 12 273/a May 31 12 Va 7% *27 31% 22 3 300 11% 7% 25% 325/a May 14 91% Jan 8 18 27% 12% 385/8 17 Jan 27% 11% 7% 38 Insuranshares 21% Jan *26% 12% 7% '25 Inspiration Consolidated Copper 90 26% 12% 5 Inland 39 % Jan 26% 7% 32% 5 Co RR 2 47% Apr 500 5,100 No par Co 2 27 130 7% 28% 12% 31 _5 2 48 3% Jan 31 50 Co 73 7% 283/a 27 31% 101 7,300 7% 30% - 900 15,700 11% 7% 1 Co New 6% *72 8 28% 32 % 3% 73 28% *30% 100 Apr May 16 7% 29% 33% 100 ... Jan 153 *72 8 *7% 28% 30% 5 com 59 5 7% 32 % 1 54 23% Nov 30 ••"26 73 29 *30% 100 19 5 12 100 May 17 20 26% 7% 100 Apr Jan 7% ■ 28 % 11% common_No par 45 151 *72 Va 7% 26% 50 50 16 Va Sep 72% 73 5 20 45% Dec 72 Va *72% 25 29 28 16 par Co 55% Dec Dec 153/4 common—1 583/4 Dec Oct 7 16 5 preferred 3 152 35 4 15% par common 33% Jan 7 16% 12.50 Corp 353/4 Jan'30 19 15% 1 37% May 11 123/4 Dec 15% 30 Inc 12 933/4 Feb 15% 28 preferred 14 295/a Jun 15%. 10 Nov 5 26 Ya 5 49 Ya Dec 4 23 26% 25 3 J an 51 23 27 50c 18 34 50% 24 26% 16 *7% A Jan 142 Va Jan 51% 23% 26% 27% Corp 40% Jan May 19 3 42% Jan 50% 24 Va 50 29% May 14 447 53% 24 Va preferred 27 20,800 52 26 % 4.70% 4.42% 70 11,200 26% May 16 10 36 24% 2.50 common 10 68 353/a 52% 453/4 50 *60 36 25% *473/a 4.20% 69 35% 115 % 24% 50 Indiana *60 36% *114% 51% 50 9 115% 26 preferred Nov 72 24% preferred 5 19,800 51% 4.08% 493/4 May 220 39 23% 4.26% 46 39 x38 50% 9 43 % Mar 30 *38% 39% *113 Va 114% 36 1,000 39 38% 24% 9 Mar 38% 41 *62 36 May 2 73 34% 52 % 44 *63 35 47 % 4 70 34% 463/a May 5 145 115% 3 26 3 *111% 17 Va Feb 3 115% *65 Jan 32% Jan 5 Va Jan *114% Jan 463/4 Feb 71 Ya Jan *38% 50 47 % Apr 12 44% May 22 Jan 39 V* 39% 45 503/4 May 4 35% 5,500 12,900 88'/a *38% 10 16 37% 22 523/^ *87% 39% 503/a Nov 14 23 35% 21Ya 52 88 Va 41% Refrigerator Nov 22% 52 *87% 40 % Hupp Corp common 5% convertible pfd series A Hussmann 21% 50% r *38 % 39% 4 323/4 Jan 43 % 41% A 46 3/4'Feb 88 39%' B 29% Jan 15 51% *87 39% series 30% May 4 23% Apr 30 373/4 May 10 10 323/4 Sep 483/a Oct 51 88 % 38% series 11 39% Oct 3 22% 51% 1 1/24 preferred 3 24% preferred—25 preferred 13 23% 22% 12,000 5% Jan 8,500 24% 23,100 5% 21% Feb 39 24 Va 24 •22 1,300 15 Ya 6 2 23% 25% u.: 37 Va 28 18 13,800 23% 35 Ya Indust Inc Jan Feb 9% Mar 26 23 % 23 Va '15% Bay Min & Sm Ltd—No par & 38% 10 22 Ya 23 24 *, 40 *36% Co Jan 28 50% *87% 88%. i' 40% *39% 16% Lighting & Power—No par Stores' Corp 1 13 17 25 % Apr 49% i*39% 40 37 Va preferred 37 30 Va May 31 45 9,800 .1 73/4 1 Finance 7 Sep July 21% 3,200 21 Ya 73/4 v 15% preferred preferred Houston 24% >" 35% 21% 36% 3%% 9 23 % 21 35% 22 % 5 convertible Household *39% 21 35% 16% Bearing 29 40 44 Va Jan ■ $2.25 39% 21% 35 7,200 36% Houdaille-Industries Inc 10% May 10 12 31% Jan - May 17 57% Mar 20 39% 21 11,400 2,600 36% America 9 23 4 1 41 & of V, * < 12,500 333/4 16 Winston convertible 21 6 Jan 23% Mar Ball Corp *8 Va 55 % 32% 37% Mining Jun 3 41 5% 8Va 8% 54% 32% 16% series & 11% Apr 15% Dec 43 Aug 18 47% Aug 21 May 10 Hotel 8% -*8 % t 55% 36% — Hoover 5 8% 8% 54 32 Va 1 Chemical 12% May 18 51% May 3 48% May 14 7 99% May 24 100 34% Jan ■I 100 15 12 21% 55% 33% 39 No preferred $5 div 2nd pfd ser C—No Jan 5 4 Jan 27 23% 29% 16 Va Co convertible 35% Feb 5 83 Apr 35% 22 28% 35% Corp pfd Rinehart 17 % Jan 18 '76 45 10 Jan 13 14% Jan 20 2 30 93 y4 Nov >1 10*' 7% Oct 38% Jan 13 85% Nov 86% Jan 92 y2 Jan 3% Apr 103 15% May 7 18% May 14 80 y2 Jun »-'9 8iy2 Aug 16 88 y2 Jan 10 90 y2 Jan Mar 22 26% Jan' 10 Mar 10 33% Jan 36 7 9 35 24 % 31 16% $4.25 90 7 35% 23 24% preferred_No par Electronics 30% Feb 83% Feb 33% . 4,100 30% 36 common Corp conv 16 5% 21% 127 39%' 15% Holly Sugar Corp common Holt 21 Va . 28 * 35% Holland Furnace Co 16 28 32% 20% 5 Nov 42 33% 21% 10. Inc Hotels Hoffman 8% Feb 32% 20% 400 2,200 10,300 34,900 273/4 273/a •"'39 Va *126 21 31% 273/4 a 127 31% 24% 25c Corp 5%% 30% Feb May 14 Hill Hilton *126 55 20% 38% 127 27% -31% 22% *87% "126 •40 31% 55% 23 ' -39% 55 21% A--1 * 53% Jan July 14 41% Apr 4 34'A Jun 22 - 8 4 27% May 14 26% May 14 X31 40 Heyden Newport Chem Corp com—1 3%% preferred series A 100 74 , 28 -it 127 >♦39% . 40c 4 6 17 8 50 19% Jan Nov 34 22% Hewlett-Packard 72 May 26 32% 22% 2 6 40% 32% 1 1 2 30% Jan ■| 30% 20% 14 66 Jan 54 Feb 28% Apr 70 31% 51 Jan 2 *126 30% - 8.33% class 16 28 ya 39% 100 Co 32 39% 29 Hewitt-Robins x32 100 93 32% 400 22 *90 27% 37 18% Nov Jan Hertz *21% 93 27% Co Chocolate 16% 22 29% 65 % Jan May 18 23% May 14 15% May 14 4 Hershey 93 31% 100 A 16% 22 22% *90 39% 127 71 *92 *22 38% common class 12,800 17 % 22 93 29% preferred conv 16 Va 16% 22 38%" 37% *126 5 common Powder 9,000 30% 29%. f .—5 Industries & 55% 32% 5 non-cumulative Hercules 115 70% May 10 18 Co 55 28% No par Curtis 56 32 % preferred 44% .Tan 33% May Oct J) (H 3.65 % Helene 1,700 55% *90 93 > 1 1.25 Corp 2 Jan 48 May 18 112 4 55% 27% Hayes Industries Inc 317a Jan 55% 32% Marx 30% Mar 23 15 Apr 30 35% May 14 36V2 Mar 6 Nov~ 17 29% Jan 34 18 32 33% Harsco Corporation— Harshaw Chemical Co Hart Schaffner 2 35% 31% *69 28 Va Harvey Aluminum Inc Hat Corp of America common 5% preferred Haveg Industries Inc 35 % Jan 35% 31% 71 32 1 3 Mar 29 35% 31 Va 28 1. 4 42 *34% 31% 33% Inc 9% Jan 21% May 14 18% Nov World & *69 35% 31% 28 Va Corp 37% Mar 23 May 8 7% Apr 30 39% Feb 20 21% 70 *34% 33% 7.50 com 30% Jan 20 y4 9 20 16% 17 69% 36 27% 100 & 16% > *9C 2.50 Refrac Brace 55% 71 1 Co A) 54 Va 21% 100 preferred 38% Feb 9 46% Apr (M 6% 54 % 71 2.50 Co Co Harbison-Walker 24% Jan May 10 Jan 81 Hanna 20 V4 May 14 11 49 % Feb 13 31% 14% _1 common preferred Organ 30 V2 May 14 29% Oct 13 15 48% Mar 13 Hammond Harris-Intertype 13% Feb 27 34% Jan 128 % Apr Co Paper 2 - 37% Feb 4 Watch 31 53 % ■ 1 convertible 2 7 36 y2 Dec 34% Jan 4 % Hammermill 39% Jan 18 , 3 31 75% Jan 36% Aug 6 Hamilton Jan 36% Jan 70 31% *35 5. Co 51 27 y4 May 23 Hallicrafters 70 31 5 Co—, 2 27% Jan 2 Printing Co 2 27% Jan 108 (W F) 25 /< -12.50 ! issued— When 5 3 24 Halliburton Water Harcourt 4 8% Feb 1 14 Hackensack 28% May 18 20% Jan 23% Jan 59% Feb 12 7 24% Jan 25 Va Oct Hall 123% Jan May 24 44% Sep 80 y4 Dec 22 27% Apr 30 27% May 17 37 Va May 14 ' 31 May 18 36 % Mar 20% May 2 88% Apr 26 30% Apr 9 24 42% Oct 35 % 30% May 11 51% Jan 22 14% May 14 Oct 120% Jan 1 9 Apr 31 14 26% Jan 91 74 35 y4 May 18 25 Va Jan Apr ... T* 22 (2394) The Commercial and Financial Chronicle.. . Monday, May 21, 1962 , NEW YORK STOCK EXCHANGE'STOCK .RECORD Range for Previous STOCKS Year 1961 Range Since Jan. 1 Lowest Highest Lowest NEW Highest YORK LOW STOCK AND HIGH Monday EXCHANGE Tuesday. Wednesday May 14 May 1.5 SALE PRICES May 16 Par 1 " Sales for Thursday I • the Week Friday May 17 Shares May 18 K 28% May 14 49% May 23 29% Dec 1 88% Dec 44% Jan 22 108% Apr 25 11 48% Jun 1 102 Oct 10 122 May 19 100 88% Jan 37 50% Apr Jan 3 105 ' Jan 12 112 19 122 Jun Jan 10 17 87 Nov 6 71 % Jan 9 75 % Jan 9 82 Dec 13 80% Jan 9 84% Jan 27 92% Feb 6 Oct 89 89 87 Dec 93 Jun 27 68% Jan 3 - 10 4 70 Nov 37% Jan 3 54% Nov 12% Jan 3 - 50% Jan 11 31% Feb 23 25% Jan « Jan 26 95 28 Nov 24 55' 46 Oct 5 3 49% Nov 27 3 94 % May 16 preferred 4.20% preferred 4.35% preferred 52 Jan 4 38% Sep 27 32% Jan 4 24 28 Feb 21 Kansas 7 Kansas Power Kayser-Roth , 31% May 11 40% Jan -29% May 11 48 76% Jun 21 16% Jan 14% Nov 36 • 86 Jan \ 11 71% May 14 33% May 14 41 Kennecott Copper Kern County Land 93 5 19 10 64 % May 14 79% Jan 3 7 29% Dec 29 25% Jan 33% Mar 6 14 27% Feb 9 3 Jan 15% May 48% July 31 85 44% Dec 28 34% Nov 6 11% Jan Dec 14 Jan 27% Oct 34 % Apr 39% Dec 2 88 Feb 11 Apr 36% Jan 8 2 31% Jan 12 51 Dec 11 40% Mar 40 % Mar 20 40% Nov 28 25% Oct 24 41 20 16 Jan 26 29% May 14% Jan 3 K 2 11 18% May 14 25% May 14 40 % Jan 34% Dec 21 f31 Oct Nov 21 32 27 '■ 9 Mar Apr 5 36% Jan Jan 21% Jan 22 21% Apr 3 2 41 % Dec 8 11% Jan 3 16% Apr 33% Feb 20 14 Jan , 5 11 16 27 21% May 39 9 % Jan 4 2% Mar 21 18% Apr 1% Jan 16% Jan 4 22% Mar 22 19% Jan 9 34% Jun fll 7 Dec 4 36% Dec 14 31% Jan 19 60 12% Sep 25 60% Mar 7 Dec 20 48% Apr 28 10% Jan 4 81% Jan Oct 111% Nov 22 146 % Jan 10 152% Dec 6 40% Sep 26 23% Nov 9 42% May 44% Jan 3 56 18% Dec 15 54% Dec 29 87% Jan 4 26% Jan 26 15% Jan 10 21% Oct 31 22% Feb 135 2 Jan 11 41% Jan 4 100 Jun 16 85 Jan 13 87 Mar 29 39% Jan 3 136% Jan 4 Dec 28 49% Jun 29 13% Nov 35 1 53 Jan 71-. Nov ■a 46% Dec 27% Feb 27 29% Nov 59% May 3 104 Feb 89 Dec 12 8 146 35 Dec Oct 26 77 Jan 3 6 44% Jan & Lily Link / 152% Jan 2 52% Feb 16 Lockheed 6 Lone Star Lone Star 155 % Jan May 17 51 23 23 63% Feb 61% 27,500 34 341/4 34%' 75 ;; 76% *: . 75% • 66% 67% 28 :-27% 28% 16% 16% 16% 40 20% ' 20 »/4 ' . 15%- S 31% ■- 25 31% 18 % 26% 47% '* , No par 32 19% 25% *37% —l 32 f 19% 20 '26 26% 66% 67 27 16% 16% 40 40% 40% 40% 86% 86% *86% 87% 100 '■ 33% 28 29% 30 30 13% 14%, 14% 15% 17% 1.7% 17% 18% 5 21% 22% 1 14% 14% Co " 17,500 32% 32% 32% 1,700 " series Corp_« 29% 29 15 VB 14% Corp_« 17 y2 17% 17% 233/4 23 23% 5,300 145/8 14%. 14% 14% 14,400 19% 19% 19% 14,200 "■ 100 D preferred Co (P) Mar 20 7% preferred Louisville Gas & El Co Apr Louisville & ___5 8 Lowenstein 4 Lukens Steel (M) & *92 ■ Sons ,__'l Inc: Co 3.33% - -- " ' Bros Steamship Co ; tl% 11%"; 51 54 16% 10% 54 20,200 14 Va 14 14% 29,000 851% 21,900 '-85 89 154'/4 " 40 43% 34 y8 -32 i/s *135 ■ ./ 50% 93 96 ' 167/a .46,800 : '•6,400 . 11% 19,200 ' •-'/ 33%! 117% 200 103,500 457'a1 32 32% 42,200 7 21% 213% : 17,600 7 23 23%'. ' 23 3/8 . *135 50 '/a 23,166 103% 130 93 - 35,800 50 '/a *102" ,93 130,400 145 49% 103% *95 ■iJ, 445/8 143 *102 93 48 116;. 33 ' 4934 190 15,700 23' V'r 215/a 21: 23% 7 . 22 % ■10% -46 Va 1,100 40 *321/2 - 3,100 154- : - 47% 32 r 1131/4 -117% , 44%- 235/e •'A 11% 32 . 40 48 11 V - ■ 23% 47% ■ r *152% 41 % 93 *95 96 100 ! ♦95 - . 96 • 51% 53% ♦148% 1493% *1481/2 149% ,33% 33% 34 Vu 34 % 34% 35 58% 58% 59. 59 Vb 58% 59% 11% ■11% 57 - 32% 533/s 54% z-33% %. -- 10 323% 52% 34 • •11% 58% 11% 54 ■/ < 16% iiy2: 493% 53 163/4 30% 30% 40 41 - 170 • 6,100 4,200 , 11% 52 52 % 17% 16% 46,900 148%, 11% 52 % 16% 53% 16% 5iy8 148 •11% 55 ,»1R% :: 56 ' Lykes . 102 *92 17,400 *10% 148%: 1,48% . 33% 57 "102 4,600 32% 103/4 86 ' ' f - 144 493/4 313% 53% 22% 33% • 500 i' '54% 52% 148%, ' 56 *135 93 Z 96 , 17,200 6 321% *1521/2 •'/ 213/a 23 50 % *92 52 Vb 33%. ' ■; ♦95 ;• 96 148y2 " 7 50 144 48% V ; 1193/4' 21 , ls/8 22% 6 14 . 11% ■' .; 33 % 23% 102 ..:,u 102% 103% -93 • ^-"SOV/ ~ .- , 44 VB .21% *134 47 *95 100*: (Ky)_No par ; Nashville 20 " 100 common 140 48- , 1% ■ 10% 23% 7 <116% 45 y# 23% 3,700 523/b 413/, 48. ♦32% 34% .21 - . . *21% - ." 32% : 89% <<11- 6 •• 321/2 I <' 14% 403/8 <1 <.23 % r ■ 6 . 31% 153% ,.153% . ; 10% 55 ! 124%, * 32% 21 *102% • preferred—_ 100 E 48. x43 % v 321/a 45 % com—10 series 23%, *130 100- series : 33% - 1% 21% 217/s - 32% ; 89 , 1 % "i -i • ■ 6% 14% ,33 , 11,000 ' 215/« . 10% ' 1,1% '/ 4.900 14% 19 l5/s- 1% 6 Vi3 x53 24% 118% , 44 22% '•"" 33 3,000 23 ■ 23 •/.; . 193/b . 33 • 41% 47% ..ill -- -, 41%, 28% 20% " __10' common 35 . 11% 112%.. 120 ~_~~i "4 Inc Co preferred 48 Va, *33/ , 154 40,% ,;•.- 23%, 33% 17' 32% ; . ; 90 .. 7 • - ■■ 14% . 8,300 33 18 21% . lQVa 154 . 23% "10%, \ 17 preferred B 47%. " ' 1 Lighting 39% _50c 20 89 ' 153% 38% 21 % .; >• 33% 13% ' • 7 56% ,55 , 153% " "2.50 14% ; 88% < " 85% ' 1 5 1% .6% ,10%- . 8,000 27% 45 291/2 - ,24-% 19% 2,1% 32 *41 19% : , 27 . ' 19% 32% 10%' 55 13% com_I_25 pfd__ conv .32 10% 53% . 7 Inc.—. , 18% : 14% 7 •143/4 -14% 21% 191/8 2749/ 3.3% 15% 173/4 1,100 24% ♦38 30 % -23% 1% v 8,600 - 16 24% 33J/4 24 ,6 30% a 6% 31%, 30% 5 * 7 30% \ 3 _< Co _..___100 Co *6- _i Inc_ Glass 1% 21% 21% . 5 Island Lorlllard 11 1% No par No par 20% *15% 32 Va , 34 15% 16 1*8 % 14% '19% 10,800 201/a . 191,600 30% 24% 26% 23 19% 18% 1 com A ; Corp conv 5% ' 15 20% 46% 30%. , 24% •' 14% , 3,800 5,600 • 45% 31 20i% 48% <203/4 • 46% 44% x30% *15.% 27 333/4 .< ,4.300 I ' 32% ♦38% 33% 14,700 ' .26% 48% 33%; .1,600 26% 19% ,' 20 f 40,700 66 % 24% , 32% *38% ■ • 10,100 35 27% 16 24% ' 77 36% 34% *35% 16% '16% 21 *15% : 32% ' 1 4.25% 4 15% Feb 66% 74% ; 87% 20% 15% 25 77 40% *86% 21 151/4 24% :■ 26% ; 31%. 24% "■ 35,300 35% 67 47% 19% 76% •36% 30% 14% 75% 36% 46 24 •i 73yo ' 48 ' 12,400 76% 34% 16% - 6,100 341/4 76 % 35% *36% 31% , 32% 34 - 36% 27% : < 31% 37 65% 161/8 ' ;; 78% 36% 1,600 33% 76 % 37 4,500 34% v 771/4 77 60% ; 33 •«. 75%: 34% '68 62% 61% * 83 34. - 37 271/4 - 1 Gas 21% Feb 8 62% 33% • 45% .4.35% 6 Apr - 61% 34% 34%, 5 Cement Long Mar 20 40 27,800 30% A Industries Theatres 4.84% May 17 May 1 64 19% ' 26%, 10 common 67% Jan May 11 14% Jan Loew's Mar 20 104 24 19% 46 Cement Aircraft 2 May 14 11% May 10 20 30%' Litton Industries Inc 13 56 19% 42% Co 24% Feb 151 20% 30 Tire non-cum 47% Feb 9 19% 87% Products Corp 3%%, 27% Jan Jan 4,700 86% Inc_ Cup Belt Lionel, 2 93 47% •5 '16 f'i : 4 series Ling-Temco-Vought ? 96 47% 871/2 1 common preferred— 57 3 47% J ' *85% Paper Co Refineries Tulip 19% Jan Jan & Pink 7% 3 25% Jan 2 54% Mar 29 3 47% 33% 64% "III I Libby McNeil & Libby ; Liggett & Myers Tobacco, 155% May 11 25 32% Jan 24 20% Feb 110% Feb 142 28 63 May 18 Jan 48 40% ; Libbey-Owens-Ford 17 % Mar 12 88% Jan 47%' 40% Corp- Leonard 49% May 18 May 25 Lehman Lelin 57 1,800 48 1 conv pfd series Valley RR 8 90 72% Nov 29 Co Valley $1.50 Lehigh 8 45% May 14 101% Jan 12 4 91 % Dec Lehigh Mar 19 139 41 57% 32% 36% 5 Portland 22% May 10 May 3 14. 40% 56 50c 28% May 14 20 % May 1 9 Apr Lehigh 7 40% Apr 30 22 '• 88 40% 57% 89 " 9 32 May 17 100% May 1 51% Aug 18 89i% 40% 57% 33 Vz " 75% '• 35%' 10 Corp__. Coal & Navigation Feb 10% May 14 14 88% 41% 57% 32% 71'% 96% 88% 20% 36 *95%; 57% 65 33% • 10 95 *40% 47 % !. 75 y2 .'r*93% 88% 39 % J Inc Inc Leesona 27 Feb 35% Feb 2 96% 100 ; Rubber Lehigh _ 1% Mar 16 19% May 10 *951% 39% Mfg Co Gas 62 47"% Jan 12 170 Lear 8 221/4 Apr 8 96%. 30 100 40% *•57 57 60 74% 10 Co 4.32% ' preferred Lee 6 7 *92% '.94%, 50 , 90% 100 94% .2,500 82 *89% 101 500 . 75% ;*80% 90% *89% *100 200 , 87% 20 r- 89% 300 300 112 75%. 82 ' 22,600 40% \\ 5 Co— & Lape Bryant Lanvin-parfums 15 Feb 36 % Apr i J) *108% \ 115 76^4 *80% 101 97% ' *110 112 76 r 32 50 *96 *95% 61 30% __1 — 31% *48% " , *92% '97 19%. V '• 31% ... 100 g common Sutherland 13 149 *• 9 ;{ % Apr 17 35% Mar 29 165% Dec P 43% Feb 85 18% Mar 28 3 14% Oct 59% Mar 16 V 52% May 17 12% Jan 24 5 3 9 89% *100 55 : Co Co 30% May 14 10% May 10 5 15% Jun Jan 15% Mar 24 9 5% Apr 3% July 18 26% Jan 3 • 3 2 47% - ' ________— 16 58% 1 Laboratory for Electronics Inc 10 36% Jan 20% Dec 1 (E (S S) Laclede 8 23 13% May 14 Aug 31 Inc (S H) Kroger 4 27 *. 90% " 26% Jun 1 Kresge Mar 12 Apr 8 •• 87% 1 Co Airlines preferred Kroehler , 30% Jan 39 % Jan 45 , •4% Korvette 18 2 82 94% 18% 2.50 Co_i_^. Wire 32% *107 76 *80% 101 *951/2 ' 40 V2 47 - 112 V 751/2 81 *92% - 85% V Industries & 112 ♦107 „ 761/4 *89% 97 57% No par Dutch Co Kress 25% Jan i Koppers 25% Mar 12 24 May 10 31% May 10 112 *100 94% 40% j Oil Royal 115 * ' __Z_~8 Steel ♦109 112 31% ' 11 12% Jan 16 KLM 26 57 29% May 2 19% May 14 6 30% Jan Mar 16 29 Co Kimberly-Clark Corp King-Seeiey Thermos 44% Mar 14 36% Jan 3 27 Jan 20 9 81% Jan 28 20% Jun 24 39% May 14 July 20 34% Dec , Keystone 98 81 101 *95% 50c Co Kerr-McGee 23 50 *96 s' Kelsey Hayes Kendall Jan *49 97% '76 89% 89% 1 5 91% Mar May 10 48% 97% " 82% ♦100 18.75 — 3 46% Feb 35' Dec Co;. 32% 481% 114 *107 4 76% ' . '-•92%. No par Corp Kellogg Co 2 < Jan Feb Jan 78 74% May 14 Light 109 76 *81 . & 31% 50 , *109 1 Kansas City Southern com--„No par 4%. non-cum preferred—..—_50 ' 116 109 , _ioo Gas & Electric Co 57% May 3 42% May 23 83 " Apr 26% Jan 4 78% Mar 16 May 14 * 100 _ 32 100 *48%' *95 " 100 — 31 49 100 100 • 4.50% ' 73% Jan preferred 30%' ' 49 *109 100 ; 3 50% May < 18% May 14 84 .-4% preferred 12 Apr 66 Mar 28 28% Nov 3.80% 28% "95 - preferred—100 91 % Apr 9 V 56May 18 45' convertible 41': 26 5 33%c' 50 Mar 30 93 38% Jan 1 ' 8 -80% Feb 20 39% Oct 8 100% May 26 Jan Corp preferred—100 preferred 4%% (ser of 1959) conv pfd„100 Kansas City Pr & Lt Co com.No par 3 Mar 90 91 9 Jan 50% Jan 36 4%% Apr Chem & convertible •4%% May 14 79% Mar 14 89 * 20 Nov 93 95% Jan * 15 Nov 4%% 18 May 16 83 87% Mar 21 31 96% Nov 27 84% Aug 25 • 101: Alum Kaiser 109 Dec 58% Jan 6 Mar 15 98 % Mar 19 18 47 17% 6,400 ■; 5,700 r. 2,900 M 27% Jan 12 41% Dec 6 28 323% Jan 3 14 37 45% Dec 19 53'% Sep 47% Nov 10 45'% May 59i% May 44 Vb Jan 16 74% Dec 82'% Jan 5 88'% May 20% Feb 7 30'% Dec 18 8 3% May 14 Feb 86 Jan 2 1 72 3 303/b Jan 15 3% Jun 14 2% Jan 2 101% Jun 14 8'% Jan 3 38'% Jan 4 70 28 277/s July 19 36% Jan • 3 60% Jun 9 16% Jan 33% Dec 61 % May 14 373% Jan 5 47% Nov 27 6 45% May 14 24V4 May 14 30% Jun 1 41/2 Jan 3 5% Jan 27 Jan 8 4 26% Nov 22 221% Jan 24% Jan 17 10 38'% Nov 15 27% May 23'% May 14 5 14% Oct 23 26% Feb 28 13 5iy2 Jan 4 65% Oct 12 43 May 31 501/4 Dec 18 1 91'% Jan 26 25 24 Oct 27% Sep 44 Vb Jan 74 Jan 75'% Jan 68 75 Jan July 233% Jan 25 4 21 34% Mar 10 76 26 12 243% May 22 27 July 25 161% May 22 27 26 45 Dec 28 303% Jan 3 43 Nov 27 Aug 21 141% Jan 16 431% Mar 22 19% Dec 15 49'% Dec 1 27 Feb 24 21 Dec 14 34i% Feb 23 34% Sep 27 473/, Dec 15 5% Jan 3 11% Dec 14 39 12 30 16 Oct 31 Sep Jan 6 21% Dec 6 351% Jan 3 49i% Oct 16 £8 Jan 9 93 23% Jan 19 May 24 31V* Apr lo 30'% Aug 21 35% Feb 60 84 Jan For 6 footnotes, 8 2 28 Aug 11 see page 84 May 2 9 May 10 5 2 493/4 May 11 78% Jan 3 21 105 Mar 22 32% Jan 25 % Jan 4 125 Jan 97% Jan 25 104 Mar 1261/2 Apr 4 80 Apr 4 Apr 27 37% May 1 33% May 14 24 2 51% Mar 29 Apr 23 22'% Jan 31 28% Jan 35% Feb 41 150% Jan 93 Jan 19 19 9 33% Feb 21 50 20 Feb 40% Mar 15 19% Jan 4 9 233/4 Jan 9 46% Jan 2 9% Jan 4 91 Jan 30 20% May 14 29% May 1 81% Jan 27. 2 12% Jan 38% Feb 2 31 8 23% Mar 12 48% Apr 94 12 Mar 15 263/4 Feb 7 32 V2 Apr 6 85% May Marshall 7 2.3/4, 10 39 ; & Co. Shirt— a & 5 Moore ..53%. 1 _ ~ MCA 1959 series— Inc 100 ; convertible convertible (J Ray) & Co McLean McNeil Mach Inc Corp 231% 233/4 23V4 23% 23,700 2% 2% 23/4 15,300 23% & Eng Co Mfg Co^ 26 26% Corp preferred series B . : 27 23% ,24% 24% 53/4 53% .53/4 14 27 -28 Va 28% 46 36% ? 5,800 - 37% 213/4 1,440 *74% --*83 •82% 76 84Va 213/4 42% 393/4 41% 39% 403/s 48% 457/a .46% 46 46% • 25% 25% 241/4 24% ♦24 5% 5% 5% 28% 27% 28% 273% 283'4 28% • • 14% 45 36„ 35 >104 •104,1b 10,800 3,000 ■ 35 14,900 to i 22% 22% 22% 23% 22% 23% 62,100 29 29% 29% 29% 29% 29% 4,700 50% 52 503,8 51% 50% 513/8' 8,100 83% *83% 84 *82% 84 84 84 84 *83 84 83% 83V2 83% •22 Va , 76 *75 84% *83 831/2 80 690 . *75 *75 76 *83 76 76 84% / *83 84% 23'% 24 23% 24% 23% 24 23 237/8 28'% 29% 293/, 303/e 29% 30 29% 30 4,500 52 'A 52^/4 52% 55 13,200 23 22% 22% ' 43%. 43 43 22% 22% 23% 84% 53 533/8 23% 22 23 % 22% 22% 421/2 43 43 43 43% 22 3% 43% 22% 22%. 22% 22% 22% 22 3/a 110 110 *103 *134 145 114 110 *110 114 103% 104 137 , 110 110 103 •80 14,100 14% 45 54% 103 283/a 14% 52% *104 "27% 14,900 45% 521% 21% 1,000 1,400 285/a • 55/o 35V4 363/4 2,200 24% 13% 51/2 j-5l Va • 28 6,800 4,600 25% . 45 14 3/8 *741/2' 29 x41 • » 5 S/8 11,300 118,900 • *25% 243/8 23 - 10 26 4 *83 " 23 29 10% 62%;- 14Vo ' 84 10 61% ■ *104 A. 83 *82% : 63% 10 %: 45% ■35% 2% 61% <10 ; ♦104!% . I. 23/4 53/4 27% 14% 45 361/4" 25% 28% 13% . 45'% ' x24 3/s r'- 273% 831/2 *125% 1033/4. *102% 103 % 142 *134 144 *135 4,300 1,400 900 - ; 62,300 260 1,15 103 . 103 *138 145 84' 84 86 3 80 . -J 813% 83%. 82%. 82% 823/, 1 23% 251/2 25 V8 26% 253/4 263/4 251/4 26% 25% 26%" 22,900 40% 43 43% 45% 44% 45% 43 % 45 VB 423/4 4434 28.900 35 35% 36 37 36% 37 36% 37 12,800 27 26% 13,500 *163/4 27% 17 43% 6.200 • 251/8 .. ".34% 25% 25% 26% 26% 26% 26 ,16% 16% 16% 16% 163/4 16% 17 17" 413% 41% 42 42% IT'/. 173% 40 % .173/4 9 .39% 9% No par 10 801/2 33 VB par 5 common -10 % 47 27 . 19% 41 Va *92 41 173/4 < < 43 ;43 *171/4 18 ♦17% 41 Va 42 40% 41% 41 * 413/4 13,700 10% 103o 10 - 10% 9,900 ' 27 3,300 41% 42% 10 VB 10% 10% 103/b 27 27 27 27 27 2OV2 21 21% 21 21 43 413/4 42 40% 40% *92 93% 20% 2IV2 21% 30'/a 30% 30'% 301/4 85'% 85 85 . *92 100 *85 93 % 18 900 26'% 27 *20% 21 20% 20% 1,000 40% 41 40% 41 7,000 93 92% 92 % 40 26% : : *92 " 223/4 23 _1 1,000 423/4 18 10 93% %" 2,210 *17'/4 ' 423/8 par 4% 61% 90% 48% .-*82% 1 Inc common Shoe 500 61 29 100 4%%< preferred (1st seriesTIIIoo Medusa Portland Cement, No Melville 12,300 v 453/4 90% 41% 51% 1 Co_—^ No Robbins Norris Corp 39% 2 50 _ Cq„_ Trucking Co__ McQuay Mead & 46% .47 Va 2IV2 100 B Publishing IIIIIIIl McGregor-Doniger Inc class A 1 Mclntyre Porcupine Mines—No par & 2,300 30% - 63% 433% 28% 100 B 4-1 5/b ,, 49% 100 preferred preference Aircraft (A G) 30% 91% 64 V2 283/4 McGraw-Hill McKeei 453/4 61% 64% 50 Va No par preferred preference McGraw-Edison McKesson 39V8 453/4 *901/2 ••V 2 65% 48%. Corp— 3 McCrory Corp .common—IIIIIH50C McDermott 40 VB 453/4 633/4 10 .28% No par conv 38 % 91'/a 23% 23/4 64 ^ 21 ■. . —„__No par Corp McDonnell .34% , ♦104 1 Inc conv *301/2 91 24 Va ■ 10 < No par com 2% * McCord $6 233/4 > 31 . - 453/4 ■'•62 91 28'% 441/2 Co— 3%% ♦45% 62 65 273/4 _13'/a Co preferred McCall 46 a1 263/4 j par (JW) ' 40 • ■-61 % ' 2% 26 Mfg~ C0IIIIIII4 . & -231/2 . 1 II_IIHII5 Corp Corp Cement Field -.24%. 12.50 Exploration Corp ; $3.75 preferred 1945 series_No par $3.75 preferred 1947 series-No par $3.40 preferred ; No 33/4% 23% 41% 45% . preferred called—.. 100 Martin-Marietta Corp__ 1 Masonite Corp. no par May Dept Stores common 5 Maytag -■ ■10% -.61% 4%% Mays *451/2 30% x391/4' > 613/4 91 .22% ... 10 Midland 51/2% 491/2 Feb 26% May 17 20 Apr 11 40% May 16 Marine 29% • •/ ' preferred—No par Oil Maremont 41/2% 40% May 14 16% Jan 29 26 Maracaibo 39 91 __1 w- Manning. Maxwell 19 343/4 Jan Jan Manhattan 22 May 10 163/2 Apr 12 39 (P R) 29% 603/4 100 ,_i . -453/4:453/4 . Garden Corp— convertible Marquette 104 A May A -283/4 .... .--381/2 I common— series ; Marquardt 35% Feb May 15 May 14 Inc Magma Copper Ma^navox Co. Mallory 5 __50 Inc Common 13 213/4 May 14 28 V2 May 15 22 Fund 12 Feb 461/2 Mar 15 75 20 Co .preferred 56 29 77% Feb (RH) 4%% Madison 60c 10 III Inc preferred--! 18% Jan 703/4 Jan 4 Nov 1 12 12 89 23 May 18 83% May 17 83% Dec 5 Mar 21 48 3% Jun July 18 35 77% Feb 107 86'% Jan 29% Apr 1 3 120 yB Nov 6 84 8 94'% Mar 16 1 14 32% Mar 20 79»% Dec 71% Jan 20% May 281/4 Jan Feb Mar 58 V2 Jan 13 6 12 3% Jan 23 7 1 80'% Aug 72% Dec Jan Apr 27 28 8 2 39% Apr 44 3% Dec 56% Mar 12 323/4 Feb 5 Aug 19 8 473/a Mar 20 473/4 May Oct 81 5 10% Mar 21 74% Feb 773/4 Jan 61 3 Aug 30 % Dec 31% Nov 4 36 3% Jan 26, 98 . Apr 13 341% May 14 971/4 Mar 22 Forbes—. Madison Square 3% Mar 27 • 12% Jan 34 ; • & Trucks Macy 81 % Apr 3 3 2 16 3 217/8 Jan Jan Mack 5%% 22% May 14 11 MacAndrews 47'% Feb 23 1% Jan 3 20 44 % Mar 15 7% Jan Dec 40% Feb 1 • 23% 22% 22% 22% 22% 3.400 30 Va 303/B 30% 30% 30% 30% 3.700 85 84% 85 85 85 *84 130 Volume Number 6161 . . The Commercial and Financial Chronicle , NEW YORK STOCK Range for Previous STOCKS Year 1961 Lowest Range Since Jan. 1 Highest Lowest NEW YORK Highest 28 94% Mar 23 74 Oct 30 95% Dec 12 79% Jan 18 75 Apr 20 86 % Dec 11 84 % Jan 5 24% Mar 10 9% Jan 37% Dec 3 5 20 Aug 3 13% Apr 15% Dec 45% Jan 3 41% Jan 3 70% May 88 11 8 28 33% Jan 12% Jan 15 Jun 15 82 % Jan 3 86 Feb 6 May 27 93% Jan 2 96 Mar 28 84% Nov 12 84% July 6 Jan * 3 90 30"% Jan 81 3 Jan 8 80% Jan 99 28 Aug 3 94 Nov 3 Feb 9 84 32% May 18 50 % May 10 •58; Jan 9 v 93% Jan 10 101 % May 24 95% Jan .58 55 99 2 4 M9 % Jan 3 Nov 17 19 97% Dec 20 109 v2 Sep 1 •V 66% Dec 29 87% Jun 12 22vb Dec 20 34% Sep 12: 123% Dec 35% Jan' 4 44 Apr Middle Midland-Ross May 17 70% Feb 40% Feb 5 11 Mar 19 25 27 133% Jan 30 " 98% Jan 60% May 14. V 70% Feb 20% May 14. 24% Jan 39% Jan 24; 45% Apr 36 % May 14 44% Feb & Minnesota 16 Mission 30% Mar 22 22% Jan 24 27 Feb 19 3 42% Jun 36% Jan 26 40% Feb 9 3% Jan 3 37% Apr 20 34% Jan 4 5% Mar 27 50% Nov Jan 71 13% Apr Jan 62 14 Jan ,73% ' 4 9 X 68 8 % .DeC 21 10% Jan 14 9% Jun 29 44% Jan 20 ,' -32% Aug. 26\ 30% Dec 26% July 8% Jan 8 39% Jan ,34% Mar ' 3 21" 17% Feb > 25 % Sep ,25 >■17%-Dec 28, . ' Ji % Jan 3' '29% Jan ? 100 68% Sep 22 25% May 14 9 ;;-16% Jan ,' 4 ";20% Jan 31 ■' 44 "30% Dec , 22% Jan 11 36% Jan . 50 .26% Dec >4 ; - American Morrell Motor M 19 29 > Feb 34% Jan S 36% 3% 5 Brass ,- 36% " 37 Va. ' 25%i::'->.v> 38% 36% 37% 36% • 3% 45 Va 3% 36% 35% 36% 23% 23%,"" 69 • 10% 73/8 7% 44% 35% 4 36 ■ 10% ;'C *7Va 35% 36 1 26 26% 32% '10 33% 26% 26 Vi ;.i 15% 3 71% I_5 13% 14 • 26% . ' 15% •''14% •; ■ 73% ■ 75% '"V, .10 37 Va No par 25 % 237/s 23% 24% 25% 52 VB .53% i 1 5 ± , 1 ; 16" 27% 28% 363/a 3,400 23 Vb 23 v* 2,000 10% 18,400 10% 10% ; *67 3/4 69 Va 77% *753/8 77 Va 100 17% 17% 1,900 *9% 10% 18 *9% ■'■ 9 %. Nov; ?();47. 2 .* 4^ Jan 10i Jan 3 263/a Jan "- '59-% Mar 1 16% Aug 8? 3iVa Jan 12 27 r:: 8 5/b Aug 10 61% Jan 78% Nov 4 23 30% May 11 92 Va Feb 82% Aug 25 52 Aug 1 233/4 Jan 33 % Nov 5VB Jan 3 53% May :a 3 12 10% *7VB ■ 7% 45% , 6 •• 833/4 Jan 78 Sep 17 •' 47% Jan 26 '■ < 97 3 Apr 3 99% Dec 26 46 Va 12 National Biscuit National Can National Cash Jan 4 2 . 5 227/a May , 7 72 . Jan 36% 36%. 26% 26% 26% *26 * •33% 31% 32% 10 Vb 10% 10 26% 13% 27% ! ■ -38% 13%' 13% 23 91 % Apr 26 8 - 54 / Mar -23 30^34 Jan 5 Natl ; ». -»• 56'/a Jan 93 Va Jan 26%' 27Vb 15% 15 Va 157/b 10.900 78 73% 75% 11,000 13% 27%; 133/4 383/e 27% 38% 8 127 Va Jan 3 33% Aug 17 243/4 Feb 32 36% Aug 30 Apr 293/4 May 15 44 Vb Jan 29 35% Jan 10 50% Apr 30 23% Jan U46% Dec 27 17% Nov 6 19 VB Nov 22% 6 15VaJan 553/4 oct 21 , 3 11 9% Jan 24 :<16%Jun 22% Jan 26 29 % Jan 29 % Apr 54 Va Nov 3 Jan 13 3 74 79 % 18 6 Mar 80 27Ya Nov 28 * 63% Jan 8 24% Feb Jan 233/4 1,100 26% 26 Yb 26Yb 4,400 54 53Y4 54 3,400 " 52% 53 53% 21% 21% 21% 21% 21 Va 21% 5,000 28% 28% 27% 28 27% 27% 27% 273/4 4,200 V 26% •; Apr 10 35 Va May 15 17 86 Dec 1 76% Sep 7 67 Va May 11 Jan~~3 25 Jan 65% Aug 86 Mar 21 15 34 Vb May 14 47/B Jan 24 27 8 3/B Jan 23 Dec 21 18 3/a Jan 30 443/4 Nov 14/ 81% Feb 27 487/s Aug 9 IYb July 7 1% May 17 "" 2% Apr 19 3 Jan 18 433/4 Jan 23 Jan ;*■ 3 172 77 Jan 4 43% May 86 2 733/4 Feb Feb Mar 17 79 Jan 2 85 88 Apr 3 85 Jan 18 92 May 11? 103 Jan 4 109 Dec 5 106 Jan 17 1003/4 Jan 3 98 75% Mar 103 % Mar Aug 14 6 1 733/4 Jan 2 79 109 % Jan 107 193/8 Jan 12 30 30 3/4 Jan. 9 97% Aug 8 117 July 18 Nov .24 21 .57% Jun Feb 12 Nov 28 133/4 Jan Jan 26 12% Jan 343/8 May. 15 633/4 Dec 22 Apr o 12 28 Jan 11 30 Jan. 103 18 Yb .69 3 . Sep 6 24% May 14 105/a May 10 27% Jan 38% Nov Jan 12 Jun 27 82 July 83 July 11 88 Nov 833/8 Jan,.5 89 Nov 34% Dec 923/4 May 10 3 * 33v* July 20 4 15 Ya Jan 23% Jan For 3 35% Aug. 7 31% May 18 4 37% May 17 2234 May 10 43% May 14 93 6 697/a Nov footnotes, 14 see page 27. Apr 35 Feb". 36 Mar 29 5 ."31% Jail 59% Jan 2 2,500 19 19 193/8 193/b 19% 193/4 193/8 19% 38 35% 37% 36% 37 - 36Y8 36Y8 79 79 79 79 V3 79% *78% 24% 24®/b 24% 2434 243/4 25Vb 24% 43% 44% 443/8 453/4 453/8 46% 443/4 87 *86 69 70 70% 943/4 96 87 79 *19% 363/4 19% 1,600 37 3,600 *78% 79% 290 25 VB 247/a 25% 14,500 45% 4434 44% 8,300 87 *86 86% 86 Va 70 70 70 70% 68% 69 Y4 95 Va .96 95 96 95Y8 96 •86 . 87 10 6,200 30.000 44 43% 433/4 33 32 3/8 32 Ya 3,700 15% 153/a 15% 23,000 34% 35% 35 ' 353/4/ 353/4 36% 353/8 35% 35% 35% 17,100 13/4 i3/r .*1% 1 Ya. 27/B *2YB 23/4 13 Yb 13 Yb *133/4 40% 134 1% 2YB , 2% 13% *2% 14 39Y4 *40% *83% 84 Va 84%" 84% 43 % 44% 44% 45% 45 73 71 % 73 ' *71% 234 14 *1YB *2% *1334 300 2YB 200 41% 41% 41% 42 84% 83% 83% *83 Va 84% 45 44% 453/8 44 7/B 71% 71% *71% 453/a. 73 : 7634 78% 3/a 4 IYb 42 76% 76% 76% 76% 76% 83% 83% 83% 83% *83% 85 *83% 85 *83% 8434 94 92 92 •90 93 *90 Q3 *90 93 106 106 •106 108 107 107 108% 108 ♦105 107 *105 107 *105 107 107 107 223/4 23% 23% 23% 27% 28%- 28% 293/4 933/4 953/4 94 953/4 25 25 25% 10 763/4 Va 23% *233/8 23% 23% 28 Yb 2934 29 Y4 293/4 94 V4 95 94% 97 253/B 25 25 25 25 ' 78 % 109% ♦105 23 *29% 96 *2434 8,700 134 14 *83% 4 •71% 1% 13 3/4 72 413/4 25 ; * i3/4 2 Ya 13% 25 78% 900 6,200 70 28,300 110 900 90 60 109% 130 106% 140 23% -2,200 293/4 2,300 96% 8,500 25 1,700 13% 12 34 123/4 300 19% 19% 19% 19% 3.500 Aviation 1 59 62 63 64 63 VB "64% 62 63 YB 62% 63% 44,100 7 24% 25%' 26 263/4 27 % 273/4 27% 21% 27% 27% 6,600 Car Corp....' Corp. ;____1 ll3^ 11% 11%. 12% __50 72 3/4 72% 73% 74 40% 42 42% 433/4 Co... Co 10 1 100 Power . ♦105% 109 . *109% 5 106% *106 109 109 112 36% 293/4 31% 31 *773/4 *110% 373/a 5 100 com. 78% $4.10 preferred preferred series... ..100 series... 100 Norwich 10 *12Y8 *91% 109%. 109 112 112 " 11 % 75 11% *73 Va 11% 75 2,700 470 11,900 ' 43% 44 Yb j 06% 106 % 106 3/4 *106 107 Va 150 45 44 Vb 1063/4 43 % 43% 109 >109 110 ♦109 110 270 112 112 112 ♦111 113 150 38 34 37Yb 38% 37% 37YB 37% 38 % 15,800 32 32 333/8 32% 33 3134 323/8 20,500 78% 7734 78 ' 11% 7734 77% 77% 220 *91% 92 Va *91% 92 *91% 92 *90 Va 91% *90 Va 91% *90 Va 91% 92 3/i 92 34 92 34 92 Y4 *92 Va 94 *93 *91% 92 91% 92 VB 92Y4 *73% 75 107 *90% 91% 92% f 92% *90 Va 30% *773/4 11 YB 11 Ye 11 % ♦73 92 VB > " preferred series.: 100 series 100 Airlines conv 1 Inc com.: preferred Northwestern Steel & - 10 153/a series...'.. 5'%% 7,200 10 13% preferred Northwest -". 2 10 20% $4.16 preferred Northrop Corp 4 10%. 2,800 32% preferred $4.11 31 * 10 15 433/i $3.60 3 33% Jan 10% 14Y4 153/4 Co 19 10 3,200 15% 34 2. Jan ♦15 44% States Jan 153/8 15% Northern 213/4 May 11 275/e May 18 15 Vb 8 32% Northern 86 15% 3% 7% 443/b 4 86 14% / 15Y4 44 3/a Jan $4.08 55% 7% 35 100 i- 18 20 3/8 7 Yb 79 100 24 17% 20 8 447/b preferred May ID 12,300 1R 20 y8 77/b 15 3/8 preferred.." Pacific Ry." 91% Apr 173/8 20 I734 20% 7Ya 339/4 5:60% 93 167/b 20 17Ya 20% 73/4 437/b 5.80% 1 2,100 15% 7? 8 29,800 18% 34%: 6 11 1,300 363/a 44% 114% Mar 853/4 Jan 463/, 18 15 1137/8 Mar 85% Jan 463/4 35*5/8 33 1 7 47% 363/8 42% 15 29. 800 1934 Gas 13 28 86% Dec 4,000 30% 13% Natural 783/4 Mar 23' 2834 30 *136 203/4 -Northern 373/4 Mar 16V 80 28% 303/4 13 V4 6 ' 137% 28% 19% 48 18 18 136 Va 28% *13% 19 May 11 18 136% ♦30 183/4 .395/8 Jan 29-3/4 May 14 36 18%. 200 13 Vb Ry 74% Jan 47% 373/a 162 18 Central 14 30 Vb Dec Nov 473/8 162 13% American' Coa! 30 5 89 137% 163 ...50c American 77% Mar 23 * *136 . 17,900 Corp.. Northern 9- 72 83 *162 163 18Vb 1 North 36 18,100 36% 5 North 108% May 6 470 84% 37% 15 Ry common 2 50% Mar 22 Co Co.. 2 5%'% 49 9534 1 Corp 25* 109% Jan Jun St Louis American 6 48 47 94% 700 83 18 3/8 68 7,200 95% 38% 92%- 7% 1,600 49% 47% - 4,600 85% 73/4 ■ 27% 953/4 23% *18% 27% 7% 49% 10% *86 " 84% 3034 37 " 18 Va 34,000 ' 5 Railroad.. Apr Mar 373/a- 28 Va 90% 503/4 *95% -47% 47 *10 5 7% 28% 13% May 109 7% 50 27% 275/8 90 50% 50% 27% 73/av *162 , , V 89 , *29 YB 5 Jan 4 275/8 49 28 89 *49 50% 73/8 ! 27Y4 '883/4' 1 136% 20 74 104 % Jan ; 27% 73/8 163 x57 15 112 12 -283/a 88 3,4 *49 29Y4 17 1 Vb Apr 16,400 28% 20 preferred.. preferred 1 North 59 136% 73/4 Brake &• Western 58% ' 293/4 363/8 .-18 Electric Central 2,500 16,300 59% l 28% 3/4! 28 30 46% 5" 1 Norris-Thermador ;> .136 19 % 2 108 Sep 12 393/4 July 19 41% Jan 30 30 113% Mar 13 106 21 7/b Jan 72% Jan 30 136 .100 Share 30,500 58 60 27Y4 : 1 '! 523/4 *162 162%-,. 28% common.No par Chemical 6% 50 .. 16 3/4 Adjustment 4 5 Oct 7 Jan 5 July 108% Jan 24 27% 1 65 VB Jan 13- May 16 467/b Dec May 13% Mar 20 May 14 57% Apr , 143/4 Dec 64 8 18 26 89% 73/8 30 \ 100 Niagara 7% 52% . X162 100 Norfolk 22,600 96% 22 Vb 95% preferred preferred..-. Nopco 23,400 12% 94% 22 V8 587/b " % 50% 27 "27 *92 4* 41% 12% .22% 85% 1 100 9 40 3/8 127/8 22 - 2 2 s/a 95% 100 38% Feb 42 41% 28% 84% 100 109 Vb Jan 3,100 *25% 95% preferred.. preferred.. 27% May 14 ,933/4 May 14 26% 3/4 84% preferred 4.85% 26 Vb 26 95% 100 5.25% 4 26% ;7.300 26 27 •■;•■- . 82 preferred 4.10% 26,300 -97 83% 3.60% ' 1,100 16% 123/8 95 v* 3.90% - • 52% 157/b 26 VB • 95 22 Va * 28 Vb *88% •49 ' • Co__._l Fibre Co..'., Air 103/4 52% 15s/8 13 80% Y New Haven & Hartford.No par 5%. series A 100 6 18 41 5/b Y 4'- 4 49 System __1 England Tel & Tel Co. ...20 277/B Jan 21% Jan ■ cj J) England 223/4 May 14 24 Co *10 Va 52% 15% 973/4 - "95% _50c? No par preferred 24 Mar 14 883/4 50 7% 3.40% May 17 ' '27% York Shipbuilding Corp.. 1 N Y State Electric Gas com.No par $3.75 preferred.?.. ; 100 Niagara Mhk Pwr Corp com.No par 30 83 6 Jan 21% tPreferred 23 Apr 3 14 70 59% ' ; 4 Chicago & 26 Jan 10 Meter York fN 26 82 Apr 57% New 3 48 VB Apr 76% Jan , 57 YB ...10- Inc N 31 May 1 11' X55s/b ; ; ' York 8 Sep 71% Sep 68 22% V , ■ _f New 2 Jan 1 Corp Co New 26 38% „ 753/4 Jan .383/4 2> 33/s Jan 19% Feb 22% Jersey Pr & Lt Co 4% pfd.100 Mining Corp common__10 .4%. convertible preferred__._.100 Newport News Ship & Dry Dock 1 4 12 22% New 12 133/a Feb . x263/4 Newmont 39% Mar 21 ; 28% Jan & Corp. New 2 417/8Jan 26 _1 Chemical New 96% May 15 May 17 May 14 Mar 22 25% 100 Service Steel Corp...; Sugar Ref Co 33/4% 10 YB *5,1% 153/a. 96 % 26 100: Starch Bros 10% 52% 12% 883/4 Co Newberry 20 207/8 Jan 22 26 Vb 52%' 98 49% B Linen Neptune 12 " 54 % Jan 46 . 27 2% Dec 10 May 14 32 3/8 39% Aug 28 3 15% July 18 35% Jun preferred Neisner 9 % Feb May 14 42 % 1 . Nautec 86 % May 10 92 % 43% 6% 6 50 % Feb 26 y» : 41%, :> 13 97% 26% - A__„__ National 26% Mar 27 1143 Vb May 14 84 Va Feb 23 "15% - 133/a ;; 5- National 2 81% Mar 15 5/8 42 3/4 1 National 12 Jan 52 ' , 13 •lIO National-Standard Mar 19 253/e Jan 23 9 preferred Co 18 % 53 15% 10% >10%' 965/b - :_100 common Vulcanized 6 42 YB 12/ ___.50:- common Tea 11% Jan 10% " • 25% .No par Co National 21 77% Apr 23 Va Jan Lead National 30 1951 Cofpi... Na torn as May 14 5,400 21% 53* ; 95 V 5 ... preferred National ' 2,200 23% 53% 26 41 :v' / Corp com_5 Co.. lb Apr 3 Gas 93/4 Mar 29 10 15 ' C 2 23 Va Feb 9 28 7% 20 > 22% 13 Yb 3 Jan" 45% Feb May 14 16% May 11 19% May 10 73/8 May 11 277/a May 15 10% Apr 5 5% Jan 21% Jan 35% May 18 Jan"20 243/a Sep 16% Dec 36 Va Jan 25 136 Va Mar of Gypsunr- Co $4.50 30 28% July 21 4,400 ' 211 lOVa 26 •21% fconv). General National 1313/4 Dec series National 7 9" 38 27 Y# 52 V: *; ' 4 Jan> 4 98 133/4 26% V 27 .26% 41%* ■41% ...10*. - Chem preferred National 164% May 13 5/b x373/4 27% -27% 233/8 237/b 8,300 23% -26% new_______^5 Products Fuel 973/4 May 80'% May 3,000 26% ; 15 Yfl 2534 {1 No par pfd 3 151% Jan 1,400 43,700 10 Vb 23% • 14 .. 5 National >9% Mar 27 May Co Dairy 4%% • Corp. Corp..: Distillers & y avz% 2 3234 ' . * 27 ' Register National 30% Apr 2,100 26% ' 15% 78 Va 38 VB • , 5,800 76 ,15%•; 32,100 36% ! 32 10%. " ■ . :,">51% ; 52. .1 Castings Co^ City Lines Inc National x. 36 Va 27% •77 100, 46 Yb 36% 36%,* 15 / 7% 453/4 36 VB "363^ 26% 10% " 10% __1 : Aviation National , 4 154 Va May 18 124% Aug 15 Co_._j. 24 " / 5 Airlihes. National 293/4 Feb May 14 6 Vb Jan Acme 12 18 2 * National > 45% Apr 55% May 14 s26 Va May 14 - National 132% Jan ' 36 r-c Corp... 31 Va Jan 2 '*7% 46% 36%v W. Natco 18% Apr "23 May 14 " 20% Apr 29 62% Mar 16 94 Va May 18 24 Va Jan 65% Aug 17 ,90% Aug 25 148% Sep 9% Apr 9 10 ' 9 3 11% Mar 2 25% May 14 -40% May 18 27 46% July.- 7. V 13 Va Jan 33% Apr 12 263A Feb -28 25% Jan J 9 • LP -7 4 59% Jan 9"% Jan. May 51 Va 30 30 18% Oct 17% Dec 142 Va Nov •; 4 23% Oct ■ "18 %r Apr:; - 4 >3 f- r '* ,18 % N /-;■ 10 Va • 69 23% " "■■:• 21% > 4;800 35 Va 23 Va 10% - 4,100 363/4 x25% ■ ■« 21% 9,100 33/8 47 26% 38% 23% 37 *3% *753/8 ; ' Co^^.—__ 363/4 33/s *67% .46% 32% • 13% 26% V 20,400 37 VB ; 26 36 - 27% 38% 1 •/. 1,600 9,200 38 % 36 10% 79 42% 38 Va 25 5/8 233/8 ■■,»: 0 r -7.V2* 45% *26 38 Co ' I '',- V 42% 700 47 18%' •*7% ,- ' 46 % 36 Va /'■;: 10V4 " ' 9% 25%; 7% 45% " 8,300 47% 10% *9% 68,900 20% : 36 ' ■ 10%'; 76 *18 v* /; 62% 20% 36 ' 69 76 18% *9% 36% ■ 10% *67 Va ■ X18% ' 45%;' 36". . d 10% 11,400 20,300 - 90 47 23% 77% 19% 108 25% 3% ;v. 13,300 61% ' 43 "38 37% 47% 36 xl0% >42% .. " 3%'',;''■■ 46 , 2,900 89% 20% 253/4 *75%. ; ■" 20%- > 19%; 106 64 43%? > " *67% 18% 20 1083/4 91 42 10% *9% 33 91 25% 78 17% 33 62 3/4 20% 23% ' 61% 327/8 10S \-:t : 250 61 Va 19% . r V ; 64% 20%- ' ..••>: " 37 Vb 69% < .'J; •; 2,100 6i; .. 37% *69 ...10 ■ 41% x63% 61 -■ 19,800 52 101 26 3% 32% ' • : : 45% 23% -*76% - Co____5 * 20% '10 no par ___? 2-' Inc.-:.. >1 ;• 91 33% 52 101 323/8 111%' ■ 52 ;<■ 19%; v i 99% >32% ,101 " *90 . , 51 37% - 23% 1 Corps...: - 37 45% 35- • 33 19% 65% 41% ' 3% Co__6.25; 37% 61% ■ 108% " V - 85 *98 ,34 VB / 90 ~10 100 • 32% 87 *84 % 99% 32% ■:•'-; 97 *86% 3,000 20,300 87 *94% " . 85 *98 25% ■! " 30% Inc.". *84% - *86 86% > ' 6i% v 20 92 63%, 4" %> 45% Murphy Corp.^..^— __14 Murray Corp of America..... 10 22 41 % 36 " V 20% 26 10 Munsingwear InC<_A_. Murphy Co" (G C) 20 20% 41 Co.__.No par Lines.. 12 Supply Industries Inc L Mueller 55% Mar 30 27% May 14 20% & Mountain' Fuel •Mar 26 63,» >; 26% Wheel 97 52 100 40 *94% ; ■ 11% 47%, 39 % *853/4 t 34%." 99% ."111% 4 *90 25% Industries Motorola 19 Va 60% "36% 61% 32% XI10 . 90 .1,25% 25 ', 99%.' •51 % - ' 85 • 33% " 60% " -:r 88% 5 Co.. 52 100% 31% Shares.J.....1,000 lire (John)-- 8s .Motec 19 ■>' , 17% 19% : v:, ic5 ' 109 ■';; >_100 -Utilities Moore-McCormick 29% Mar 21 6 ' 60 % 31% .1100 ... 100 *84% *98 <•' 11% 463/4 40%_;,41%:' *86% 87 " • ■ 200 ' 46% 46 ? • "" 87 • 34% 51%, -* Ward . Montgomery 22 51% 100 60% ..No par A—.. 99% * . • > 97 *86% * 85 % 33%." 86 *94Va .*97%. ,, ;41% f •" 86 1.300 20,500 90 ,11% ;■ :' ii% ■/.:> 47Va 41 . ; 86% *84% ! 34%-' ""'30% Power Co__:____ No par Montecatini Mining & Chemical— .,*■ '. 99% > 97 86% - 12 Vb , 23 ' .,>.100 Tool: •, „' *97%; 33% *94%; . ' " rv Montana 41% Jan 4 4 21 V« May 18 Mar class MontanavDakota 15 89% Mar 14 24% May 14 33 Vb Dec 26 2 16% Feb 32 85 A.No par B ,c ; Monsanto Chemical Co. 18% Jan 28% Jan 87 11 45% 41% 85% *223/4 .26% 1 10% 45 Va 85%. 50% common 44 % r. 40% 99% Co Ipc preferred.^ preferred RR 4 V; 97'.,. 5 class ,*. Class 37% Apr.11 .12% Feh 28 <2> 11 " 3 Monon 33% Mar 13 , 71% May 14 13 % Apr 43 '. 26 ,May. 1 24%Janll> ; .54% Dec >24% Dec 20. 26% Oct 3 26"% May 22 . Jan ,18 v 20 41% May 31 . 5' .17% Jan May 52% Jan 97/8- May 11 4 25% May 14 14% May-15 • 20 37% Jan 2 42% Mar 26 30 Vb May 10 20% Mar 17 44% Dec, ^ / , 1 28 1 15 23 . 30 37 % Feb .16 28% Apr ' Feb 8% Feh 11 35% May 15 v ' 9% Sep ' 26 -11% 40% 2 Cement Machine - 86 *94% No par Industries Monarch 37,600 % too RR. RR Portland 3 % % 4.20% 19 Apr 23,200 _jo Missouri. Public. Service * 34% Feb 29 79 Pacific Mohasco 6,900 11 _1 Missouri .422% Mar 20 3 39 " Mar 10 "43% Nov 2* 30 " 6% Jnn 42% May, . 58% Aug 23 1 3 Jan 31 11 J 16 % Apr 19 6% Dec Jan "75% Jan 4 • 26 10% „_5 . Inc." Missouri-Kan-Tex 2 25% 11 " ..10; Development Co. Mississippi River Fuel Corp ,11% Apr 19 69% May 11 26% 10% *86 ..100 Corp.i Missouri 253/4 *84 ~_„100 Mission 5 25% Jan Jan' 17 "T Ontario " Paper...2.50 81 Light No par- 3 Mar 42 L100 preference^ 14 "51% Mar May 2 23 % May 18 Mar 29 19% Apr 4% Jan 11 35 Mar 28 79 13% Jan May 14 45 % May '42% May 15 3 26% Oct 19% Jan 8 3 Vb *873/4 , 39 % Power 3 88 *87 26% 43% Mfg.... Minnesota 4 . Mining & .4 25vb Jan 6 convertible Minn. 873/4 110 25% 85% &rChenv 24 34vb Jan , 3% 7 88 *87 25% " Philipp - Corp___l Minneapolis.Honeywell Reg com 1.50 2 84% 42 No par pfd.100 series Corp.... 823/4 12 Va .^100 Laboratories Minerals 2 21 Vb Oct ; Miles Oil 85% 11 Va Corp common preferred., 1st Midwest 23 84% 12 Inc. Shares 23 10% series— South, Utilities 5%%. .8 Apr 87% Apr - 4 14 105 6 45% Apr • 10 101 * 30% May 14?'' 17% May 14, 30% Aug 4 170% Mar 10 V Jan May , 58% Feb the Week 85 12 series., preferred 4.45%preferred - 23 11% preferred Sales for Friday May 1.7 v 83 % 24% 5 3.80% V Thursday *" 22% 88 11% 3.85% ' PRICES 84 10% preferred. series... SALE ' 22% 12.50 Co HIGH May 16 81% benef'cl int 4.35% • . May 11 , Machine AND Wednesday i May 15 May 18 *223/4 23 VB 81% 83% *87 25c Scott Trust—Units of 39% Apr 2 39 % Jan ' 86% May 15 <• 30 41% 4 46% Apr 13 & Co Tuesday - 22% 16%c No par Metro-Goldwyn-Mayer Inc Metropolitan Edison 3.90% 58 % Feb 87 4 r Mesabi Monday May 14 . 1.83 y3 common Mesta 97 Sep Inc 12 10 78% Sep Co par Inc. preferred Merritt-Charman 2 LOW STOCK Co Stores Mergenthaler Linotype __ 19 78 & $3.50 31 14% Jan 52% Jan Sep 79 ,r Merck 3 89% Jan . Mercantile May 17 24% May 14 10% Apr 27 11 % May 10 41 % May 10 / 38 % Apr 16 59% Mar 10 11 Feb EXCHANGE . 22 % May 14 - STOCK RECORD Pharmacal Wire Co Co 10 ♦93 94 22% -*93 24 V4 253/B 25 Yb 29 29% 28 Va 33 32 Va *93 94 ♦93 94 24% 25 25Y8 28% 28YB 32 257/a 32 23% 45% 28 29% 25 32% 33% 5 *23 % 24 Va 22% 22% 22 Y4 23V4 23 62%c 43% 44% 44 45 45 46 44% *32% 29 1 " 32% ' " Va ; 93% 253i 27% 28 31% 32 *23 44% 220 94 25% 38,600 9.100 1,400 23% 700 44% 10,700 24 The Commercial and Financial Chronicle (2396) . . . Monday, May 21, 1962 NEW YORK STOCK EXCHANGE STOCK RECORD Range for LOW AND STOCKS Previous NEW YORK Range Since Jan. 1 Pear 1961 STOCK EXCHANGE Highest Lowest Highest Lowest HIGH SALE PRICES Sales for Tuesday Wednesday Thursday Friday the Week May 15 Monday May, 14 Par May 16 May 17 May 18 Shares O Ohio Edison Co common. 5274 Nov 16 4074 May 14 4974 Jan 89 Jan 3 9574 Feb 23 92 Jan 11 98 May 15 79 Jan 3 83% Nov 8 82 Jan 4 86 Mar 26 4.40% 3.90% 93 7a Jan 3 100 Dec 27 99 Jan 19 103 Apr 18 4.56% preferred preferred preferred 90 y2 Jan 13 95 9574 Jan 18 100 May 16 4.44% 5 337s Jan 19 1672 Apr 12 85 Aug Dec 39 4574 Aug 157a Jan 4 4 1774 Oct 3 Ohio Oil NOV 20 3772 May 14 4574 Mar Okla Gas 1774 Mar 15 1674 Jan 3 887a Jan 31 417a Jan 3274 May 14 Olin 547a Jan 23 Orange 62 >4 May 14 76 3 Otis 2874 Feb 20 2474 Mar 1 Outboard 2674 Dec 19 177a May 8 217a May 18 2274 Jan 42 2 May 14 Apr 11 Sep 18 12074 Apr 3 267a Jan 4 437a Dec 18 8774 Jan 6 98 14 72 Jan 13 12 7a Oct 5 52 Jan 3 5 2 115 Jan 2 43 16 Mar 23 10172 Feb 5 Outlet Jan 2 153/b Jan 12 Pacific Cement 34% Dec 26 20 Pacific Gas 6574 Oct 20 48 % Apr 4 Apr 3 8% May 16 7 2474 Aug 30 26% May 15 Pacific 2 7% Jan 5 187a May 14 12% May 8 12 % May 17 12 23% Mar 5 6% Tin Packard-Bell 3 12 Pan Pan Amer 22 95% Nov 24 9272 Mar 16 97 s/8 Feb 8 18 85% Apr 11 44 % May 14 58 72 Feb 16 327a Oct 25 12 29 % May 14 30 44% Apr 60% Nov 22 48 3/4 Jan 6 39% Juiy 19 59 74 Nov 8672 Jan 5 53% Jan Mar 22 19 Sep 19 19 % Jap 3 35 74 Dec 23 7t Jan 9 27 Apr Dec 26 33 Feb~27 7 28 28 23s/8 May 593/4 Mar 14 383/4 Mar 15 753/4 Apr May Peabody Mar 29 273/4 Jan 1 2 4 2 1572 Jan 3 13 May 17 1972 Jan 41 7a Jan 4 4972 Apr 14 42 7a May 18 4874 Jan 3 377a Apr 287a Jan 5 59% Nov 20 44% May 523/s Jan 17 3 457a Nov 6 32 41% Jun 6 11 3074 Dec 9 1 30 Apr Jan 2 34% Feb 20 41 5% Dec 6 10172 Jun 5 30% May 17 32% May 14 98*78 Mar 6 90 s/8 Jan 5 973/4 Jun 2 95 11% Jan 3 1874 Dec 4 32% Jan 3 59 Dec 6 14% Apr 30 4074 May 10 48 Nov 3 58% Dec 12 42 May 14 527/a Mar 19 Sep 27 July 24 50% Jan 24 37 Jan 8 43 72 May 14 30 56% Feb 16 637a Apr 20 375/8 May 18 58 43 5/a Jan 12 14% May --- 8 May 18 3 76 Nov 20 947a Feb 1 100 Dec 12 99 Jan 197a Dec 14 16 15% Sep 26 327a Sep 3 15 Jan 3 307a Jan 3 46% Jan 3 29 103% Mar 29 85 5 100 917» July 100 Mar 1 Dec 6 10472 Mar Aug 14 33% Jan 3 787a Jan 3 125 30 8 86 797. Jan 57% Mar 15 Pfizer 847a Nov Nov 29 24 May 11 May 623/8 Jan 34% Mar 20 30% May 14 98 72 Jan 2 8272 Jan 5 96 15 1027a Feb 88 13 Apr 5 98% May 17 Jan 8 1027» Jan 12 106 Jan 31 487z May 14 7974 May 18 81 Jan 2 11272 Jan 5 Jan 11 877a Mar 27 12 May 8 837a Mar 16 84 777a Jan 81 Jan 25 843/4 Feb 517a Sep 1474 Jan 25 64 7a 3 22% Nov 20 507b May 14 193/4 Feb 2 26% Apr 2 447a Jan 4 76 3/4 Dec 6 52 69 Jan 4 94 Feb 3 99 38 Dec 20 3974 Jan 10 18% Jan July 31 Dec 28 603/a Jun 5 6874 Oct 27 3 27%'Apr 24 817a Aug 23 8874 Mar 21 75 Dec 27 88 12% Oct 23 18% Mar 16 123 131 Apr 21 97 10 81 14 Jan 25 1277a Jan 19 3 20 62 5/e Dec 8 795/a Feb 28 59 93/4 Oct 30 5 5 9672 Jan 5 69 Jan 9 175 Feb 13 173/4 Jan 3 Apr 3 73 Mar 15 Jan Jan 22 1 8 1678 May 15 139 May 1 293/a Feb 16 6772 Feb 20 97a May 10 Apr 6 1272 Jan 4 Jan 12 46 54 Jan 9 65% Jan 24 487a May 11 553/4 Jan 24 21% Nov 27 120 Feb 13 793/4 Dec 14 135 Dec 13 107 Nov 8 2387a Nov~28 1972 Jan 1367a Mar 353/4 Mar 29 8 Jan 2 53/8 Apr 12 221 Jan 3 21 12 May 14 Jan 22 177a May 14 923/4 Jan 4 39% May 14 1017a Nov 16 723/4 May 14 9274 Jan 2 Nov'li 267a May 14 56% May 14 3272 Apr 19 69 17 II . 9572 Mar 5 14 4 33% Jan ~24 3174 Sep 27 39% Jun 14 Inc 13% 13 74 13 7a 32% 12% 12% 123/4 23,700 22 74 213/4 225/a 22 7a 22% 47,400 No par 54 7a 553/4 5474 55 5/a 5574 55% 55 555/8 545/a 55 94% 94 94 *94 36% May 14 445/8 45% 11,300 32 31% 32% 31% 315/a 305/a 31 37,000 305/a 20% 213/8 X2072 23 2272 58% 573/8 2,900 2972 28 283/4 21,200 2672 *26 26 5/a 300 213/8 20 20 34 20 7a 203/4 11,900 23 21% 22 7a 58 28 *26 20% 26 5/a 2374 1 26 5/8 233/8 22 72 22% 22% 23% 13,900 5972 6172 303/a 26% 60 2972 *26 13 5/a 5 133/4 14 xl3% 14 447a 4472 *43 45 443/4 4772 46 3/8 48% 46 3 34 s/a 3572 36 3774 36% 32 74 317a 3474 33% 100 102 102 10174 100 *9872 100 *99 10 14% 5 *4072 common 31 3/4 317a 36 3572 10174 102 30 13% 13 1374 45 42 7a 43 473/4 46 4672 46 74 463/4 19,300 37 353/a 35 3/4 3574 35% 31% 6,500 36% 9,800 13% 45 313/4 363/4 13 8 Jan 23 437a Jan 2 237a May 8 387a Mar 9 2 37 Mar 27 3072 ■31% 353/4 10172 10174 993% 993/4 983/4 983/4 150 1574 145/8 15 145/8 143/4 30,800 42 43 74 43 74 1,000 1574 157a 153/8 14% 41 4174 43 43 43 4272 72 47% 4774 4874 477t 47% 467a 47 467a 4672 457a 46 5/4 457a 4674 45% ,4672 4572 4072 40 3/4 4274 397» 421/4 39 3972 375/8 38% 16,000 46 ■ 16% 163/4 16% 16 16% 53 53 53 5374 517a 527a 50% 5174 497a 100 *9974 100 1 16 29 16% 16 72 317a 30% 16% *99% 101 101 *995/8 , 153/4 533/4 2,700 48% 6,000 *995/8 101 16% 16s/8 16% 163/B 33% 317a 32 7a 37a 37a 374 3 7a 37a 50 50% 51% 51 52 74 5072 51% 563/u 57 56% 57% 56% 57% 57 305/a 31% 86 100 •97 100 *105 31% 973/4 50c 9774 4872 52 5 807t 86 105 106 83 8474 ... 4,200 37a xo6% 31% 313/a 32 1013/4 102 8 61/2 86 7a 86% 86% 98 7a 98% 987a *971/2 *105 106 105 31% • *101 2,700 58,600 5774 22,500 32 10,300 510 1017a 105 106 3 7a 50% 50 t 1011/2 *977a 9774 106 527a . 4,100 86 3174 1007a 86 10 163/s 315/8 101 31% 1007a 102 86 101 16 58 101 2,700 317a 317a .32 37a 100 10,400 1572 4672 Nopar 100 • 471/2 16% 3 7a 19,600 *53 74 5 374 390 4672 50 3/4 16 53 53 *4572 533/4 15% 5372 240 87 60 987a 70 105 53% 517a 53% 5074 51% 50 3 8 517a 28,100 86 847a 86 '/a 823/4 847a 7974 82 5/8 17,000 84 74 84'A *85 110 853/4 8472 8472 847a 36 84 84 83 83 7a *83 83 72 83 83 83 7a 847a 230 5 50 7a 52 7a 51% 53 74 53 54 5234 53% 527a 533/4 28,600 1 20 203/4 20% 2274 22 7a 22% 21% 22 21T8 215/8 5,600 54% 553/4 56 57% 5772 587a 57% 587a 57% 58% 99 7> *9874 9972 35% 35% 4,100 537a ] 5.800 173/4 2,300 100 100 *84 7a 857a No par *9874 9972 *9874 997a *98 74 99Va *98 74 __1 357a 35% 357a 35% 3572 35% 35% 36% 49 5272 537a 54% 533/8 54 Inc 2 *8072 82 *80 72 82 *801/2 *75 77 *74 76 *73% 78 *73% 78 *74% 7,200 82 78 155/a 17% 167a 157a 15% 13774 15 5/a 16 15 7i *136 15% 15 137 74 *136 . 157a 1377t »: ■1,100 130 13674 13674 2172 215/8 227a 13674 217a 136 V4 20/4 223/8 21% 22 21% 21% 6,800 591/4 6q 5974 603/4 597a 603/8 597a 60 59 597a 20,400 io3/4 9% *4672 9% 17,800 gy8 47 *48 *136 9% 93/4 471/2 *4672 4972 49 2974 *119 613/8 *110 113 2.50 68 69 283/4 5 1 574 137 ...10 *110 6272 114 687a 697a 574 5 74 15174 150 i7x/8 *17% 9472 171/4 9578 49% 4972 123 6172 574 95 Porter Co Inc (HK) 5%% sf pref.100 Potomac Electric Power Co 10 48 2972 29 12372 .75 Inc 17% 17% 82 Tsi Polaroid 53 7a 17% 18 *807a *121 Plymouth Oil Co ex-distribution 177a *17% 82 1 preferred 54'% 1772 *797t 100 100 common- 53 74 xl7 7» 1 Co.. *91 *94 - 29 *119 1072 48 49% 29% 97 *1073/4 109 *10974 110 29% *7574 3174 77 " 95 97 3072 *7574 109 10972 31% 77 *233/8 247a *235/8 24 *22s/8 24 *225/8 24 150 8 $4.75 preferred Nopar Puget Sound Power «V Light Co_10 Puget Sound Pulp & Timber Co 3 Pullman Inc ...Nopar 86 150 87a 86 162 *150 87a 8 86 ■ 86 2,800 50 100 61 8,100 11072 11072 68 Vi 687a 1087a 110 *106 110 1,670 5 74 95 *94 123 *235/8 *225/8 149 8 *86 385/a 38% 39% 39 217a 3174 217a 31% 33% 21% 31% 337a *120 6772 2,100 5 74 574 5% 5% _5% 1547a 1387a 146% 1377a 14274 4,700 155,400 173/4 *1774 177a *17 74 94% 94% 94% 94% 40% 41% 40% 41 76% 771/2 28 74 28% 43,200 13,800 62% 63 3/4 31,800 30 % 307a 2,600 927a 60 95 *9572 97 *1073/4 ing 10872 109 303/4 31V2 75% 7574 217a 33 Vi 28% 28% 2874 122 313/8 33% 600 29 74 59 31 337a 5 49% ,121 21 36% 48 *49 62 *1774 *9572 108% 10972 *467a 49 123 146 7i 9172 95/8 9% 48 617a 173/4 95 9% 49 *46% 62 72 62 158 3/4 *94 95 *9572 . Oil... 48 46% 47 46 517i No par Gamble 4772 45 46 12.50 ]_■ 700 99 33 73c Corp— 1,700 99 44% 100 .... 100 9972 53 1 6,400 102 3874 5 . 3174 36 3572 10172 4372 50 5% preferred class A 5%% 1st series prior pfd Pure *43 102 Publicker Industries Inc common..5 88 Feb 13 56 74 46 ■/. 42 No par Inc *43 6172 107a Feb 21 333,4 Apr 25 79% Apr..11 1 May 14 46 7a Mar 30 967a May 7 109 Apr 10 110% Feb 15 172 307a May 32% Jan 457a *94 50 1 i 40 47% 6074 327/a 13,100 95 453/4 29% *3174 *94 4874 30% 1 13 x47 265/8 No par 133/4 943/4 25 Corp 133/a *94 26 5/a 57 13 72 943/i 2974 Pittsburgh Ft Wayne As Ohio Ry— 7% guaranteed preferred 100 Pittsburgh Metallurgical Inc 1.25 Pittsburgh Plate Glass Co 10 Pittsburgh Steel Co com Nopar & 5,200 213/4 Pittsburgh Coke & Chem Co com.10 $5 convertible preferred No par $4.80 preferred (conv) Nopar Procter 90 7 19% 12% ?07a 91 23 3 6% 1972 30 91 24 Jan 6% 1972 31 2472 Apr 7% May 18 6% 1974 3072 *91 2 Jan 6% 19% 137a common Co 63/4 13% 1372 1372 5 Co convertible 13,800 21,800 2274 & Co Inc (The) 57 33 152 19% 6% 20 19 1 Sand Forgings 5674 3272 151 74 12% Corp Pillsbury Co common $4 preferred Piper Aircraft Corp Co 56s/8 33% 153 21% preferred preferred 4.30% preferred 4.68% preferred Phila & Reading Corp (NY) Philip Morris Inc common 4% preferred ... 3.90% series preferred Phillips Petroleum Phillips-Van Heusen Corp Pittsburgh 56 32% *151 137a 4.40% 3.80% Pitney-Bowes 33 72 21% preferred Co Electric 56% 153 12% 13 1 Phila *151 1,500 203/4 common Brewing 58,300 18 1 common Permutit 5,100 32% 70c _50c 100 Co 123/4 32 3/8 3,300 4,900 preferred Cement 12 74 323/4 33 3372 152 63/4 .12% 3172 9172 11 1121 12 6% 193/a *173/4 175/8 127a 31 19 86 Jun 6 3/4 1872 30 175% 6474 22% Jan 145 42 1 5 6,700 323/s 175/s 625/8 22% Jan 15 31% 152 367a 1007a 12 72 5674 57 56 55% 31% 150 . 3674 1007a 325/8 175/8 625/8 Apr 713% Jan May 12 877a Aug 14 43% Oct 11 3 323/4 Oct 30 5/a 150 1057a 37 74 1007a 37; *9972 12% / 60% 12 3 54% com__14 2/7 100 Corp 12 3272 6072 104% Jan Jan No par 12 313/4 *10474 160 32 74 187a 12 303/a 56% 22 8 *173/4 173/4 12 28 3774 10072 29 9072 Jan 8472 Apr 173/4 5 3774 *9972 38 10072 79% 2 Nov *9972 78% Jan 23% Apr 7 22% Nov 16 1057a 106 377a 9972 2874 87 173 1067a 104 3674 40% 17 9 106 % 10372 405/8 88% Nov 3 10672 10,400 1,100 79 29 3 Jan 9,300 82 78 2872 9172 May 17 9472 May 7 297i May 14 70 8174 40 3172 May 14 107 697a 82 74 9972 Corp & 7074 81 1 Phelps-Dodge Poor 217a 6974 8474 101 Light & Coke—No par Ry Co __100 33730 (Chas) Plough 217a 697a 8274 3474 preferred— Petroleum COrp of America. $3.50 22 69 8572 V 283/4 5 May 17 *21% 6972 8472 - 77 2 21 22 68 84 4074 Jan 11874 Jan *213/a 22 4,000 6972 72% 85 7 21% 14,700 827« 397a 2978 Jan Mar~29 22 38,000 67 2672 7 78 ♦2178 1 6.25 Nopar 8 6 1087a Dec 27,900 Public Service Co of Colorado 5 Public Serv Elec & Gas com.Nopar $1.40 div preference com Nopar 4.08% preferred. 100 4.18% preferred 100 4.30% preferred 100 5.05% preferred.. 100 5.28% preferred 100 Public Serv Co of Ind com Nopar 3%% preferred 100 4.32% preferred 25 4.16% preferred 25 4.80% preferred called —100 4772 Mar Dec 7 18 95 4174 87 28 177a 86 137 30a/a Apr 7074 Aug 217a Jan 18 3 8 1043/4 Jun 177a Jan 4 22 18 130 Dec Nov 1774 1087a May 17 65 74 May 18 9774 Oct 106 18% Pittston 3 3 1774 Pittsburgh & West Virginia 100 Pittsburgh Young & Ash pfd___10Q Jan Jan 187a 4 28 102 177a Jan 223/4 Mar 30 927a Nov 22 24,000 May 11 70% 10 6574 78 3 Jan 257a 46 627a 122 Jan 86 2574 45% 667a 6 43 817» Aug 83 % Jan 257a .4574 657a May 18 59 50 19 337i Jan 6574 Mar 19 8674 Mar May 9 May 18 57t Apr 88 11 23 21 Dec 417a Jan 14 Nov 557a Jan 15 14 26 28 72 Apr 113 Jan 100 May 1774 May Apr 7574 May 3 173/a May 17 6 49 27 61 Feb 80 Sep Aug 11 467a July 21 9% Jan 3 30 357a Mar 27 1874 Jan 44 Apr 19 59% Mar 14 257a 4474 4%% Pfeiffer . 6774 Corp convertible Pfaudler 2 13 3% Mar 30 1 12 Permanente 197a Jan 42 Feb 337a 46 Eastern Pet Milk Co May 10 33 2674 Co Perkin-Elmer Corp 19 34Tb 50 4,200 , 66% preferred Glass Gas & 10072 Feb 337a 600 ; 45 .10 & Pepsi-Cola 5% 37' 15 Light com preferred 4.40% series preferred Pennsylvania RR Peoples Drug Stores Inc 15 55 74 22 2 19*% Mar 15 5 Sep 307a Jun 96 Jan 94 3674 25% common Co Chemicals Power 31 453/4 Jan 807a Sep Apr 593/s Mar 23 27% May 11 6574 May 16 357a Nov 27 1 94 37 677a 4%% 66% Jan 49% Apr 20 57a May 25 53% Nov 24 3 7a 2 51 1 May 47 72 377a Jan 2 543/4 Jan 3 52 __ 10072 May 18% Feb 3 9472 37 4574 Ford-. Pennsylvania Penn *9372' 7,400 26 (J C) Peoria 59% Nov 46 Jan 3872 Mar 22 10272 Mar 29 *1774 No par Co prior conv Peoples 36 40 177a 9472 367a ■3772 3074 Co 9 1774 17% *9372 2972 Fruit 19 *17% 1772 9472 No par & Penn 94% Sep 1774 70 38% 14,400 66 Corp Cement 26% Jan 3872 367a Co & Pennsalt 387a 1774 463/4 Penn-Dixie Penney 377a' 3572 4472 Coal 4.68% 3974 *9372 l conv Penick 387a 1774 36 Transportation Parmalee 31 May 24 May 17 21 11 Jan 80 40 9472 3474 No par Line Pictures Davis 27 1 397a 447i Airways Inc.. East Paramount Parke 40% 25 Aggregates Inc-5 Pipe preferred— ; 4% 3974 3974 66 Sulphur World Panhandle 35 5 May 17 24% Mar 20 26 20 38% 40 74. 437a Corp..... & American 12 2374 Dec 38% 3974 247a Electronics Jan 8 *9874 - 6274 com Consolidated 24% Feb 14 100 4074 42 Packaging Corp. of America 153/b Jan 24 16% Sep *9874 100 X397a 1017a 9974 247a Electric & 207a May 1 48% Jan 19 12 74 Nov 13 74 Dec 100 99 99 Vi ♦93% - 100 Lighting Corp Telep & Teleg preferred Pacific 10172 347a Corp Co Pacific 26 6074 Jan May 14 6 3/4 Jan 2 397s Jan 1583/4 Feb 533/8 Apr 30 30% May 14 150 1017a 30c Fiberglas American 25 177 10172 *100% 11,600 3474 preferred 2 367/e Feb 440 102 102 4474 3.125. Paper Co common preferred 9 May 14 790 857a 4374 347a Oxford Pacific 98 85 33% Corp Glass 12 May 98 857a 3374 Utilities Co Owens-Illinois $5 98 8572 3274 Corp Marine Owens-Corning 4% 44 98 5 1 10 Corp : 17% May 15 3 - :u Jan Gas Rockland & 28 Mar 18 Dec 574 Jan 18 13 96 May 17 101 May 14 347a May 11 9774 Jan 2 877a Feb May 14 & Chemical Elevator 3 24% Jun 23 3074 Jan July 11 Jan 25% Jan 81 14174 Jan Oil 2674 May 16 5 12 67 21 Mathieson 27 Dec 4374 98 8574 Nopar Olln Nov 82 99 4472 9674 8574 417a 1774 20 4372 8574 3772 7.50 Gas... "10072 10172 4372 98 98 ♦8474 9974 100 Natural 85 40 common.5 preferred 597a Oct 24 10274 Mar 22 33 7a Dec 3 7 104 106 4.24% Oklahoma 5274 Aug Co preferred. 25 41 26 Sep 28 4% 23 26 3474 May 14 Electric 42 9774 10172 100 ..100 Nopar & Feb 4 22 8274 Oct 76 8 427t 4074 97 100 .100 -• Co 1874 Apr 9474 Apr Dec 24 1678 Jan 45% Mar 14 90 17 567a Jan 397a May 18 42 72 Nov 11 39 7» Jan 4 49 4 32 7a Aug 24 Nov 22 2 85 15 preferred^ 36 V* Jan 3 3578 Jan 24 24 149 8 871/2 39% 21% 31% 33% 68 6574 687a 77 77% 28% 29 62 5/e 63. 30% 30 s/8 917a 917a *94 95 *95 7a 97 ; *91 94 *957a 500 177a, 200 9,300 94 10 97 *107% 1037a *107% 1081/2 109% 169 7a *108 7a 31 *757a *235/8 *225/8 153 100 1097a 130 317a 3074 3174 12,900 77 757a 767a 110 24 24 153 8 8 86 86 24 *22 5/a *150 7% *86 24 200 24 162 8 . 110 9,700 877a 300 12,000 397a 39% 39 7e 39% 2174 21% 217a 21% 2,200 32 32% 31% 32% 13,200 33% 34 33% 33 5/a 19,600 Q 577a Feb 17 96 Dec 15 Jari 13 145 Sep 18 26% Jan 4 31 Anr 131 For footnotes, l 67% May 14 140% Jan 4 28% May 10 9172 Feb 146 16 Mar 13 30% Jan 3 Quaker Cats G% Co common preferred Quaker State Oil 67 5/4 B 100 Refining 145 293/4 Corp__10 see page 27. l 747a 145 29% 727a *145 297a 74% 148 29% 74 74% *145 148 29 29 7274 >145 297a 74% 73 73% 14674 *145 14674 10 297a 1,400 297a 28% 6,700 Ki&i^i»:%Jiff,*Ms ffjiV-v. Volume Number 6161 195 . . The Commercial and Financial Chronicle . (2397) 25 NEW YORK STOCK EXCHANGE STOCK RECORD STOCKS Range for Previous NEW Range Since Jan. 1 Year 1961 Lowest Lowest Highest YORK LOW AND STOCK EXCHANGE Highest Monday May 14 Par" Tuesday May 15 HIGH SALE PRICES Wednesday May 16 Sales for Thursday May 17 Friday the Week May 18 Shares R 49 % Jan 16 65% May 70% Jan 23 75 16% Oct 24 26% Dec 5 57% Jan 17 % Jan 4 ',34% Sep 27 8 July 19 6 79 2,' :45 19% Jan 81 Raymond 16 Co 19 Jan 15 4% non-cum 1st 10% May 18 13 3% Jan 15 4% non-cum 2nd 713/4 Dec 8 45 18 Jan 66% Jan 16 Jan 3 15 ." Oct 26 6 43% Nov 1 20 Aug 24 54 7 133/4 May 14 13% May 16 5 173/4 Jan Apr 7 39% May 14 493/4 jun 13 16 7 58 28% May 10 25 ■ May 203% Apr ; 67 ?« Oct 11 663/4 Mar 21% Dec 29 25 10% Jan 3 143/4 Jan 533/4 Jan 37% Mar 57 Jun 6 May May 17 653/4 Mar May 23 38% Jan 84 Aug 18 3 603/4 Nov May 56% Jun 5 47 Jan 3 49% Jan 30 48 Oct 2 131% Jun 5 103 Mar 123/4 Dec 26 8 14 >49% Jan 4 Reliance 23 Reliance 23; 76 Jan Jan 19 12% Jan 4 17 60 Mar 12 4 Republic 5 Revere 67% Mar 13 Revlon Drug 2 41 % Jan 80% Feb 90 6 16 Steel Co 102 (R J) Rheem 3.60% *15% 16 105/a ♦10% 103/4 10% 10% 46% 46% 2,600 *18% 183/4 2,400 45% Inc Oil Corp Paper Corp Nov 30 50% Mar 13 25% May 14 34% Mar 26 Ritter Company 327/a Feb 10 473/4 Jun 5 32 42% Feb Robertshaw-Fulton 43% Jan 19 623/4 Oct 20 51% Jan 9 62% Mar 23 % Jan 3 Nov 27 29% Jan 8 33% Apr 87 38% Aug 9 343/4 May 15 100% May 18 93% Dec 4 90% Jan 27% May May 17% Jan 5 23% Jan 124 Apr 94 20% May 14 12% Jan 27% Dec 16% Jan 273/4 Dec 1 Feb 253/4 Apr 18 18 Feb 18% May 14 6 .38 12 12% Feb 193% Apr 17% Dec 27 13% May 15 3 6 3/4 Jan 46% Apr 7 353/4 May 14 41 10 3/8 Oct 10 3/4 Mar 15 18% Jan 12% Oct 36% Jan 30 25 3 15 Dec 8 22% Mar 16 633A Dec 11 3 Dec 27 26% Jan 3 373/4 Dec Ruberoid 26 26% Jan 22 Ryan 183/4 Feb 90 Feb 26 352 % Jan 26 18 13 603/s Jan May 14 2 Co 4% Corp Stores 9 43 Va Nov 6 Jan 29 44 % Mar 22 3 20% Nov 8 17% Jan 2 21% Mar St L San 5 79 7 413/a Oct 19 723/4 Jan 5 80 % Feb 31% July 20 92 Jan 4 38 Apr 31 May 25 100 Jan 1 23 26 100 May 4 pfd 4.40% 34% Jan 26 40 % Apr San 10% May 14 16 % Jan 22 14 May 18 18 % Jan Diego Imperial Corp Sangamo Electric Co 213A Jan 34% May 5 20 Va May 10 27% Jan Schenley Industries Inc 8 14 93/a May 10 10 3/a Jan 46 May 33 May 10 11 8% Jan 46% May 38 8 Va May 10 3 May 70 Nov Jan 16 46'A Nov 24 Sep 19 14 Va Mar 10 7% Apr 9 73'A Jan 11 87 Jan 4 77 Jan 16 90 Feb 6 22 May 2 26 Va Jan 5 813A May 18 3 74 Nov 5 J an 3 10 May 22 27 Jun 16 14 743/4 Jan 30 Va Jun 943A Nov 15 17 11% Jan 12 105 Jan 3 18% Sep 25 36 Va Oct 5 21 15 Va Sep 19 27% Mar )' 72 Jan 12 11 30 \ Scott Paper 3 Seaboard 9 Seagrave 29 88 3A Jan 2 Finance Sears 15% Mar 2 Seiberling 143/a Jan 4 Servel 103% Feb 7 Co Dec 8 17% May 14 22% Jan 15 8 14% 1 18% Jan 4 Sheraton 223% Sep 25 34 7 19% May 10 29% Feb 9 25% May 18 33 % Jan Feb 13 17 2 Simmons 17 33% Mar 29 15 55 Va Mar 12 9 63 Va Jan 11 45% May 127% Nov 4 6 34 Skelly Smith (AO) 22 May 14 28 3/b Apr 23 22% May 18 29% Jan 5 May 18 72 Va Feb 28 23 3/a Jan 3 14 4 77 383/4 Jan 3 52% Dec 28 93/s Dec 19 133/4 May 26 60 9% Dec 4 8 9 60% Nov 14 49 Jan 25 52% Jun 5 50 273/a Jan 3 49% Oct 4 153/b Jan 3 27 % Jan 11 15 % Jan 4 29 3A Dec 26 26 Soo 2 South Amer 15 South Carolina 58 Feb 53 Feb 19 443A Jan Mar 23 17 303/4 Dec 21 27 Jan 18 40% Jan 16 31% Sep 8 243/a fjov 21 29% Jan 18 33 Jan 16 233A Feb 16 31% Dec 27 18 3/4 May 29 613/4 Nov 10 8 May 14 47% Jan 19 36 3/4 Jan 3 53 % Nov 17 46 38 % Jan 3 49 % Nov 22 20 % Jan 3 29% Oct 11 24% May 14 51% May 11 473/4 Mar 15 61% Oct 173/4 Jan 9 193A Nov 8 65 Va Mar 20 72% Oct 46% May 30 13 26% Jan 16 38% Dec 14 20 Va Jan 4 34% Apr 3 51% Nov 24 7% Jan 12 r 11% Apr 27 Jan Indiana Southern Southern Pacific 7 Southern 20 % Apr 26 5% 16 Mobile Spalding Spartans 8% Jan 24 4% May 11 . Jan 3 44% May 31 32 % May 14 42 Va Jan Jan 3 91 Mar 90 95 20% Jan 26 35 May 15 3 34% Oct 26 82 Jan For 3 Jan 15 17% May 14 973/4 May 9 91% Jan 64% Ar 4 27% May 14 833A Jan 5 883/4 Apr footnotes, 17 see page 3 Co Apr 24 Va Jan 97 May 38% Mar 86 Mar 2 19 2 Sparton > 5 33% 33% 33 33% 54% 32% 533/4 54% 53% 54 53% 53% 53% 30% 303/e 303A 533/4 30% 31% 31% 32 31% 32 36 343/4 35% 34% 35% 34% 35% 35 35 1091/2 106 3/i 95 *92% 110 102% 93% common stock tr . ctfs Public Service Corp 92% 92% 2,000 19% 19% 19% 19% 22 22% 23 22 10,600 23% 213/4 22% 213/8 22 Va 26% 26% 263/4 ♦27 17,200 27% 27 27 *263/4 27 25 24% 25% 25% 25 Va 24% 25% 24% 26 373/4 37% 39 38% 39 38% 38% 38% 38% 175,700 10% 10 10 103/4 103/4 1 10 Va 10% 11% 15,200 14% Xl3% 14 % 14 14% 14% 14% 13% 14 Va 3,000 36% 363A 36% 36% 36'A 36% 353A 36% 123/4 123/4 3,800 13 133/8 13 13 13 13 22% 12% X22 . 12% 375 30Vs 40 403A 183/8 18% 21 22 21 21% 20% 21% 7,000 12% 13% 123/4 12% 12 % 12% 13,500 493A 22,900 49Va *933/4 *300 30 41'A 183/8 41% 183A 11% 11% 14% 20% 9% 47% 35 83/* 71% 14% 21 9% •; 47% 34%. 8% 70% 34% 86 97 23 Va > 34% *84 Va *95 x23% *80 83 12 Va 153A 21% 9% 48% 34% 25 83 5% 5% 27 53A 273/* 20% 21 Vs 20Va 44 813/4 12% 10% common Sperry Rand Corp common $4.50 preferred Spiegel common— - 29 V4 52 V4 53 *26% 27 34 34% 98 105 54% 55 27% 28 22 24 Va 23% 23% 60% 63 48% 50 Va 8 1 49 *52 343/a 28 Va *29% 30% 403A 403A 18% 77 33 33% 31% 323/4 313/4 100'A *98% 37% 11% 14% 21 9% 47'A *343/* 8% 71 35 *84% *96 24% *80 5% 27% 100% ♦98% 37% 37% 37% 12,200 113/4 113/a 113/4 57,500 14% 14% 14% 14 143/s 213/a 21 21% 21 21% 4,000 23,000 1 *9% 10 10 No par 9% 9% 48% 463A 48% 34% 343A 35 100% 46% 473/8 35 *34 Va 8% 83/a 8% 8 8% 7I3A 70% 70% 71 71% 34% 35% 323/4- 34 353A 86 97 25% 83 ... 2,500 21,000 1,900 5,500 6,600 45,500 86 *84 Va 86 96 96% ♦95 96% 23% 24% 24 25 83 813A 813/4 50 *84% ♦80 ~40 22,100 5% 5% 53/8 5 Va 5% 273/4 27% 27% 27 Vt 27% 6,000 8,700 20% 20 Va 203/4 20 3A 20 3/a 8,400 20% 203/4 21 Vt 20% 20 Vt 43 43 Va 42% 43 423A 423/4 81 % 82 813A 82% 813A 82 3/a 2,100 2,600 55,700 *12% 10'A *102% 8% 12% 103/a 105 9 12% 10% 103% 8% 9 37 223/4 21% 22% 18% *17% 36% 36 Va 12 3/a 93/4 * 400 9% *12 12% 93/4 103% 363A 12,600 105 102 Va *9 10 9% 1,500 36% 363/4 8,900 21 Vt 21% 6,700 18 16% 17% •2,600 36% 35% 36% 17% 18% 17% 17% 15 143/4 14% 14% 15 16,000 22 .... 18% 37,900 30,400 4,600 22 Vt 21% 213/4 203/4 21% 25% 533/4 30 52 Va 26 25% 25% 25% 25"% 54 Vt 53 54 52% 533A 13,200 4,000 4,600 29% 29% 29 Vt 29% 2,400 52% 52% 52 3/a 523/8 31 Vt 53 Vt 18% 18% 18 3/4 18% *26 26% 353/4 106 553/4 28% 36% 35% 35% 35% 108 Vt 107 Va 109% 108 Va •26 263A *26 2,300 265/s 35% 110 31,600 20,000 553A 553/4 56 55% 56% 29% 28 Va 29 283/4 283A 3,800 13,400 28% 8% 51 Va 53% 353/4 28% 30% 23 Va 24 Vt 22% 233A 22% 23% 30,800 241/4 24 24% 23% 24 22% 23 Vt 4,500 633A 61 % 63 Vt 61 613/4 60 61 Va 50 Va ' 24 V4 623A - 29 233/8 23% 52 51% 52% 51% 52% 52% 53 15,800 62,100 *73A 8% 8 Vt *7% 8 7% 8 51 *52 35% 293/8 7% 8V4 53Va 53% 8 533/4 *52 36V4 29 31 203A 28 V* 50% 363/4 30V4 31 8% 53% ♦52 36% 36% 2,500 29% 293/4 7,100 31 31 31 31% 31% 21 203A 21% 20% 21% 5,000 29% 28% 29 28% 29 Vt 51% 50% 52 50% 51% 58,500 28,200 49% 483A 48 3A ♦48% 483/4 45 45 44% 45 26 26% 25% 26% 5,700 55,500 52% 53% 53% 55% 18,300 44Va 26% 26Vt 26% 51% 19% 52 Va *193A 533/a 19% *74Va 31V4 77 32 Vs *74% 313/4 77 32 52 % 19% *74Va 32 16% 24 5% 23 *94 18 Vs 95% 28 Va 18 Va *95 29 85% *84% 5% 33% 33% *94 95 19 95% 303a 85% > 18% 95Vt 29 *84/2 54 37% 45 17% 7,400 29% 253/8 5% 33Vt *52 900 18,300 29'A 44 23 8% 56 *36% 25% 52 V4 193A 17Vt 53% 8% 553/4 37 Vt 433/4 17 22% 5%,. 33% 83/a 55 29% 24% 50% 8% 54 42 Va 21 293/4 8 54% 45% 17% 8,000 2,200 18,200 11% 48% x95% 27 Vt *84 Va 32 3/a 37% 50 25 ; *98% 49% 50c No par 18% 77 77 20Va 20 Va 52 Va 53 *26% 27 35 Va 36 Va xl05 107 Va 55 55% 7% 95 , 12 51% 32% 41 18 Vt . 420 6,700 1,000 38 50 *94 30% ♦40% 18% " 93% 375 30 77 48 Vs ' 93 Vt *300 30 3/a 41 Vt 203A 28 Vt 50 16% 8 X30V4 49 Va 94% 30% *30 20V4 28% 50 22 5 100 53 49% 375 19 10% *102% 105 49 *93% *300 78% 8% 71 Va 35 % 86 97 50% 94 Va 375 *77 *77 323/8 100% 36% 1,200 221/4 78 Va 33Va 333/4 *98% 100% 36 373/a 78 *13 10% 13V4 49 50Va 93 94% *309 375 29% 30 48 93% ; 1 2.50 __ 400 4,200 36 1 Inc preferred preferred Co 20 9,750 93% 20 27 100 102 *92% 19% 20 No par preferred Ohio 5,400 193/4 1 (Del)—No par 100 % 4,700 6,200 10,100 18% 8Va Co 107 8,000 3,400 1,700 19 7% 5 com 9 $4.50 V com.4.50 1 8 333/4 26% 533/4 31 Va El_No par Co 7.50 (A G) & Bros Industries Inc 33% 253A 1 & Gas Co 8pencer Chemical Co 4.20% 33% 22 2.50 Gas Railway Southwestern 5 26% 20% 5 non-cum 2 88 88% Jan 7 26% 20% 27V4 53 30 l No par 1 Sugar Natural 16 353/a Mar 26% 19% 26 50 Va Co Southern 473A Jan 263/a 12% Platinum Public Service Southern 26 % Jan 33 263/8 12 Va 9% 25 593/a Feb 8 26 863/4 26% *102 Va 105 9% 9% 50 75 17 26 , 26% 183A Co Rico Southeastern 16% May 16 35% 80% 12 10% 15 Co Gas Puerto 21% May 373/4 35 18% 18 143/4 preferred & 37% 35 80 20 30 Apr 38 3/8 35 18% 18V* 153/a California Edison 28 2 Jersey 30% Feb 14 31 8% 85 3/a 38 34% 77% 1 Southern 57 % Jan 4 Feb 71 South 86% 39 343/8 183/a 17% 15 preferred 52% May 10 50 Mar 21 9 24 18% Jan 3 Jan Jan 5% South 85% 38 5/s 44 Labs.No par & 12,000 9,400 19,600 4% 383/4 443A 25 E&G 600 13'/a 35% 20% 5 Gold 88% 4 373/4 42% 10 Railroad 88% 13 Va ■ 34% 19 Va French 90% 87 26%193A 21 Co Inc 160,100 86% 18% 173/* 15V4 Inc 4,700 55% 853A 17% 17V* 14% Socony Mobil Oil Co Inc Line " l 31% Mar 30 42 % May 14 27 4 9 Va Jan May 14 , Kline & 1 10 Va Jan 343/8 May 14 Apr *883/4 £1 Co Marchant Smith-Douglass Smith 85 4 36 Va Corp Smith-Corona 56% Mar 48% May 14 7 Va May 10 4% 23 Va *80 5 ' *■ 26% /19% . 1 Manufacturing Oil Co 8 31% May 10 363A Jun 7 133/a 4 34% *84% *95 Va 5 21 Singer 13 4% 8% 50c Feb 62 133/a 4% 22% 173/* Corp 353/a Mar 4 49 Oil 27 % May 14 12 % Jan 6% Mar 15 129 % Mar 22 89 13% 4% 37 Va issued Sinclair 883/4 13% 70 No par 98 May 14 '-54% May 11 67% July 37% Apr 44 % Jan 5 88% 13 34 Va No par 3 3 3 Nov 40 Va Feb 88% 800 1063A 53 133/a 23 Va 18% Co 11 443A Jan 26 % Oct 46 % Jan May 14 58% 35% Simplicity Pattern Co When 36 Va Oct 55% 88 % 46 50o Simonds Saw & Steel 493A Feb 61% Nov 22 56 28% Apr. 37 12 19 603/a 22% 18% Corp of America 48 % Jan Apr 59 37% Slegler Corp Slgnode Steel Strapping Co 60% Apr 61 22% 183/* Shell Transp & Trad NY shs ord Sheller Mfg Corp Corp (Frank G) Co 233A Aug 383/4 May 23 58% 36% 18% May 15 Steel 4 4 49% 1063A 49% 1053/4 49% 107% 58% 10% 14% 20 % 9% 2.50 14 3 28% 1073/4 49% 21% 16% Inc 153/4 Jan Jan 28% 107 493/4 1 Shell Oil 42 3/4 Jan 28% 49% 106 493/4 No par Shattuck 413/a Mar 20 Industries Oil & Gas 16% Feg 28 45,400 28% 49% 104% No par 4 23 % Mar 28 Apr 21,300 493/4, 105% 37% 293A Jan 26 3,000 49,800 38% 37 35 Maly 505/8 38 9% 38 16% May 14 153/a Jan 49% 383/4 9 373/* 21% May 14 21 50 % 38% 38 28 233A May 15 42 49% 40 293/4 37% May 17 Sharon 41% 51% 39 28 3/4 1 31 30 493/8 40'A 29% *98% 35% " > l 12 Apr 513/8 39% 283/4 31% No par 45 Va Feb 6 50% 38% 78 1 common 8% May 16 46% Mar 50 283/4 3 36% May 18 31% Feb 76,800 42% 40 18 V 1 19 Shamrock 473A 41% 6 preferred Shahmoon 42% _5 Corp 503/a Mar 13 113A Mar 30 46% 413A 93% 20 Co Rubber Inc $5.25 48% 42% 293A 1 Co. Falls & 7,500 1,000 473/8 42% *300 100 : Roebuck 49% 413/4 46% / No par Co Corp 48% 15% tz —No par 25 Corp of Amer Sealright-Oswego 15% 19%i No par common Line RR Air 15% *12 1 - preferred preferred Scovill Mfg Co common 3.65% preferred Seaboard •15% 9% 1 $3.40 Screw St Bolt 15% 14 3® $4 7 14 7 Co 15% 353/4 1 V- N 15% 49 Va 37 35c inc Schlumberger 1 50% Feb May 15 103 Va Feb 7 17 9% May 14 4 Nov 27 14% Apr 8 3/a Jan 37 Va May 12 63A Feb 31% Mar 23% Jan 42 % May July 28 20% Apr Jan 97 Va Jan 1 19% May 10 4 Feb May 11 96% May 19% Jan 13 51% Dec 85 5 May 10 26% May 11 37% Feb 24 293/b Mar 21 31% Jan 54 2 323A May 18 9 21 5 42 3A Jan 4 Feb Jan 14' May 19 27 %Jun 15 16 % Jan 15 9 98% Feb 47% Dec 70 213/4 July 25 11 Va Jan 25,600 153/a 48 24% 1.40 common.. 17 15% *94 5 convertible preferred Schick 30 81% May 97 5% 59 Va, 26 Va 1 com 3,300 47% 108 10 preference Schering Corp 42% Jan 24 May 14 70 41 Va NOV 60% Feb 9 Diego Gas & Electric Co Convertible 10 Va 700 1,600 20 Va 100 San 143/a Jan 10 93% 5 series A 39% Feb- 16 223A Nov 21 *16% 10% 109% 100 73/a Jan 17 10% 9,400 18% 10 30% Jan 163/4 10% 107 % 100 St Regis Paper Co common 1st 173/a 10 V *92 % Power ,No par Ry Co com_JNo par Fran *57 16% 52% 1.66% Preferred series A 5% 393/8 Mar 12 May 10 98 4 59% 173/a 10% 293/4 100 15% Jan 70% Jan Jan 16% 16% X35 2.5® common ♦57 163/4 32 No par Co 163/4 39% 25% 5 333A Jan 37 59% 39% 10 35% 1 St Joseph Lead Co St Joseph Light & 293/4 May 10 59% *57 39 3A 16,600 13% 19% 16% 38% 1 preferred conv *57 59% 15 13% 10% 34% ,_i preferred 4.30% 16% 373/a 20 g (Jacob) Safeway 94% May 15 26 17% 853/, 1 Ryder System Inc 352 % Jan r39 3/s 84 100 Inc Aeronautical 39% *16% 4% 5 common Co Ruppert 463/8 May 14 27 93 Jan McBee Rubbermaid 14% Jan 12 6 Nov 404% Dec 86 Royal 5 19% May 14 27% Aug 372 5 39% 17 15 *19 123/4 1 4 Jan 193/8 88 % 1 143/4 Feb 13% 19% 40 >v 4 5 Petroleum 15% 13% 19% 17 54% 1 Dutch •14% 13% 600 *493/8 1 Corp Royal 15% 13% 393/4 103 :. 10 Roper (Geo D) Corp Royal Crown Cola Co 3 15% 19% 300 38 No par Corp_ 12% May 10 12 & Elec Corp Telephone Corp 17 Va Jan 9% May 14 18 12 11 40% May Gas Haas Co Ronson 31% Mar 15 10 Controls preferred series A Rohr 27 Va Apr 11 33% Jan 4% 25 29% Feb 19 22% Mar 13 43"% Apr 293,4 Sep Rohm & 18 Mar 22 24% Jan 18% 17 % 453/4 2.50 _ Rockwell-Standard Corp 8 18% - 28% lo 4 46 183/4 3,200 1 143/4 No par Riegel 27% Jan 45 ♦18% 39% 8 16 453/a 1.25 Richfield 37% Mar 19 Rochester 19 Va 8 *15% 10 £ 443/4 Mar 14 Rochester 133/4 19 47 47 8% 16 1 Ltd 37% May 10 5 13% 19% „5? —100 Co 303/4 Jan 23 153/4 133/4 47% 183/4 8 163/4 5 com 34% May 10 34 14% ■45% 8% 39% 50 100 3 12 14% 19%' No par A 3 May 14 18% 133/4 2.50 Co 25 29 183/4, 8 41 373/a Sep 8 473/4 18% 13%-; 78% Jan 27 52,300 153/4 10% 253/4 Jan 51% Apr 353/8 153/4 10 series Richardson-Merrell Mar 14 34% 8% • Trust 18,100 103/4 50c com 21 15% 50c pref Selection 8 1,100 20% 8% 5 Tobacco 353/a 10% 10 series 34% 15% series—100 Manufacturing Rhodesian 2 Co 21 353/a 103/4 5 Corp Brass 2nd 20% 34 153/4 _1 Preferred 4 14 Mar 8 5 & Metals 21% 35% 10,100 50 common preferred 21% 34% 5,200 , 103/4 1 Chemical 10% 21 *713A *15% 10 3%% 10% 50 preferred Eng & conv . Reynolds Jan 5 1 & 72 21 34% '.31% 50 Corp__ Copper Reynolds 4 153/4 Feb 12 May 11 793/4 May 10% Inc Rexall 52% Jan Mar 4 73% 9% 70% 10% 21% -.11 203/4 ' No par 50c Mfg Co Jan 4%% 87 73% 103/4 1,000 23% 72% 10% preferred: Inc Elec 43/4% 123/4 Apr 23 Va 72 10% 70% 10% 3.33% Chemicals 43% Jan 9 18 5 8 233/4 73 Ine No par preferred 31 6 *693/8 233/4 No par 116,600 17% Aviation Corp Republic Corp common $1 convertible preferred 50 % Apr 90% Oct 16% Republic 1163/4 Jan 23% May 17% Co Stores Conv 30 24 May 18 53 Nov~14 Jan 8 14 16% Inc Bit Bros Reliable May 14 Jan 89% Nov 1113/4 Reeves 12 Stores Reichhold 1 28% May 14 108 17% 233/4 common Roller 6 36% May 8 21 % Feb Owl 4 453/4 May 14 23 23 45 3 Reed 19.% Apr 143/4 May 14 52 Red 5 16 % Jan May 11 15% Apr 30 9% Mar 29 18 3 3 5'/a Oct 83 t l 11 Dec 18 3/4 May 22 8 9 43% Jan 683/4 Sep 23 2 213/4 Mar May 17 3 16% Jan 17% 233/4 1 8> May 10 15% May 11 20% Nov 4,800 14,800 543A 18 5 1 3 38 3/a 23% Co 18 13 76 Va 37% 17% Inc 25 % Feb Oct 76% 37% 76 x37 56% 23 Raytheon >153/4 Jan 12% Jan 76 373/a 54% 17% Rayonier 13 58 54% 76% 36% 22% 18 Reading 55% 76% 36% 163% 16 1 54% 76% 21% 41 % Feb 10% Feb 573% 76% 35% 1 International 10% July 26 15% Dec 56% 76% 35% 2.50 Inc House Raybestos-Manhattan Mar 16 56% 35% *76 No par 2.50 Inc Random 53% com_Nopar i Co 24% Apr 11 313/4 May 14' : 44% Aug 18 113/4 Mar 22. 13 14 % Feb Purina Ranco 2 303/4 Feb 1st Ralston 10 of America preferred Corp $3.50 Mar 30 Jan 21% Jan 10% May 14 9% May 18 21% Apr 6 24% Aug 31 Radio 63% Mar 14 11 Jan 343/4 May 8 16% May 17 21% May 14 26 88% Feb 27 72 Feb~28 33"% Sep 4 11% Oct 233/4 51% Jan 9 11 Dec 53 193/4 77 193/4 *74% 193/4 77 19% 19% *74% 30O 2,000 7,100 77 31% 17 17 17 17 17% 23% 22% 23% 223/4 23% 9,200 1,500 10,800 53/4 5 Va 5% 5 Va 55/8 5,300 33 Vt 33% 32% ■34% 95 18% 95% 293/4 85% 31% •94 18% 32% 95 183A 31% 33 33% 6,600 95 •94 17% 18% 111,500 95 95 95 95 250 28 29 27% 28 18,300 85 Va 85% 85% *84 Va 27. :/ 10 26 The Commercial and Financial Chronicle (2398) , . Monday, May 21, 1962 , NEW YORK STOCK: EXCHANGE STOCK RECORD STOCKS Rcinge for Previous Lou est Highest NEW \ Range Since Jan. 1 Year 1961 Lowest YORK Square D 28 35 % Dec 29 30 12 91 Nov 15 60% May 14 77% Jan 2 72 % Jan 23 78% May 12 74% Jan 25 $3.50 11% Jan 3 19% Dec 12 14% May 14 83% Apr 18% Jan 3 Standard 25 '/a Jan 9 53% Jun 5 25% Feb 35% Jan 2 Standard Kollsman 4 Standard Oil , 467/e Jan 52% Jan 4 Dec 57 5 . May 14 *84 Jan 2 26 t S 87% Dec .4 55% Dec 27 46% May 11 40% Jan - 3 Dec 13 49% Jan 51% Sep 29 59% Feb ,3 9 92% Dec 7 4 28 Mar 30 82 Mar 23 84 Jan 18% Oct 57% Nov 52. 28 50% May 14 ". 20% Oct 31 28% Apr 27 26 % Jan 3 42% Dec 20 8% Nov 2 14% Mar 17 17% Jan 4 34 341/4 67% 6 67% 661/4 78% 79 % 78% 78% 78%. .•15% 15% .4 *15% 791/8 15% 79 14% 78% 15% > 79% 67% 28%- 31% 31% -i" Oil of Oil 1 6.25 2 No par - com of Ohio Indiana. New Jersey -- 10 common > . 22% Feb 12 40% Jan 2 11% Mar 6 Stanray Corp Mar 12 9 >30% Mar 15 52% 54 V8 x51% -92 -V; •V, •'"56 52 52 »i 25 25% ■ 26 26 %■* ■ - 16 % 16"% 25% 25% -'-8% 8% - - - 25% 27 16% 16% .27 22% Dec • 22 29 60% Feb > Feb 7 84% Oct 27 13% Jan 9 19% Dec 12 67 Jan 4 99% Nov 10 24% Jan 3 35 Nov Jan 30 ■ .1 26% Mar 12 Starrett Co 47% Jan -f 5 38% May 14 81% Feb 28 3 18 May 14 Stauffer Chemical 83 29 Jan \ 3%% 2 L S_ (The) Co ,~. i' v > 8 7/8< , 58% A. - No par > 100 : -,*83 % -- *25 • -25% , A..-39% 39% . 58% common preferred— *'25% 25. - 8% 84% ■ >' 40%; 92 491/4 53% 523/4 53%- 52 Va '53 *90 ; ; • •', '■ 521/4 • •" • 92." 16% > *83% *50 58 -'26% 27 .V IV-, 261/4. 253/4 v 4 21% Jan 11 16% Jan 4 43% Nov 9 20 34 Stewart-Warner Feb 28 25 May 18 31% Feb 15 21 33% Jan 2 19 - Jan 20% May 17 4 74 Nov 13 57 27% Jan 3 34% Apr 11 28% Jan 16 70 % Feb May 14 Jan. 13% Sep 6 7% May 21 Stix Baer 5 % : : 26% - 251/4 -« \ •' v. ; / •' 1 •■• 20 20 Webster Stouffer 13 Corp convertible May 18 Jan 4 21 May 14 30% Jan 2 Suburban 4 33% Apr 4 24% May 14 28% Jan 2 Suburban Propane 19% Apr 57% Nov 19% Feb 2 Sucrest 45% Mar 17 28 16% Oct 24 28% May 31 13% Jan 3 Corp 20% Apr 82 % Jan . 87 2 Oct 13 29 23% Jan 22 Aug 59 ./ Jun - 9 Oct •'/. 8% 18%' 34 'A- 122 16% Nov 1464 Jan 3 49% Feb 28 Dec 28 54 % Nov 28 12% Jan 3 18% Jun 5 45 Sun 19 91% May Chemical $4.50 7 53 Vb Jan Sun 15 Corp series Oil 8 24 4% % preferred 2 25% Apr 1 118% Jan 2 Sunshine 2 Sunshine series Biscuits 11% Jan Mining 1040 1385 May 18 16% May 39% May 30 May 15% May Feb Superior 21 Sweets Oil 24% Mar 21 14 49% Feb 27 47% Jan 4 Swingline 9 Symington 7 Series 11 14 1/64 May 18 Swift & 8% 23'/o 26% 251/2 2 6 Vb 19% -19% 19% 39% 40% 41 21'/a 21% 12% 13% 41- 12% *91'% 25% 257/a 26 % 261/8 26% • 103 25 3V 103'/2 7% 8 - V 1070 V" :• 25% 18 Fpb class Inc 19% 20 12:% 39% 32% 32 V* 30% 1 15 % 15% 3/64 Corp 5/64 ••.:: . 26 Va- 25Va ''4C0 . 104% 7Vu 1010 -8 50 7,400 27,800 1,800 f 9,200 , 1060 380 19i/2 18% 19 18'A 18'A 1,500 41 40% 40% 40 Vn 401/a 12,600 34% 32% 34'A 32% 33% 15% 15% 3 5% 13% 15'A 15% 3/64 . 33% 15% 15% 3/64 ■ . 47.1/4 33% 40% rights—— .3,900 92 • 104 .. 10,100 1 40 20 40% 1 A Wavne A 2,200 4,600 • 25-i/a 6 11,200 41%. *25A- ■ 104% 10-.400 «- •'/ 22 IL.% ■« ;ao - 47' 81,100 19% ^ ' 9/64 May ; > 22% 25% *91% 1070. 5,800' 19 17 25 1100 ,, 103% IV.VV 7% : -V s 262 • 16! it .26'A *25 a'j 32 8%; 1075 1120 --39% 1.38 8/9 25 104. 7% 8 1100 1090 1055 25 A 103% 25 A 25 3*2 102% 2,100 41% 47% 26 . 2,100 21% •- .. 92 47 • 25% -12% 13% 59% 22-'A - 2t'/4 91.% 1,000 33 Va 7% ,19% 47% 7,COO - s 33 260 > 40% 47 123/4 92 -9CO f 32% 26% ,.;91% *91 % 5,900 •i. . 5334 ■ 23v 473/4 - 6,200 20'A ,271 20%. .-• i 32,300 21% -•*20% 1,400 > 33 y8 19% •: , 26 . 251/4 41% 217/a 25% V ,• • 22% - 17% 21 - S'/o *262 ^ 22% '' ..» 295/a V 33 7% V 272 23 463/4 7% • 25 Co *265 32% 92 2532 10c of America Co 11 8>/a 8% 277 11 Vv 29% ' • 32% > , *32 % / 34- - - / 47% 101% 12.50 California of *59% • , 33% 21% . t 21% 12% 25% 25 A 1! 59% 601/4 33y8 . 33% 17% 75'A 32% LO1/4 46% - ^1 Inc Co 2Q1/4 g 91% No par No par Sunray DX Oil Co common 28% Feb - —12% 1 common preferred A Co 7% May 14 31 38% Nov 16% Jan 11 23% Jan 30 1115 Oct Jan 46% May 14 40 20% 20 VB 33 „ G 22% 3.000 9-,800 300 • 2&3/o 22%. 6,400 : 403%, *83V2 • 293/4 26 60 33% 19% 19% 37% - 5 29 V4 25% • < 23% : - -' 25% 32% 25% 5,200 -' 25% 40% • 1 77% . 2,200; > 167/Sv 25% t ; 171/4 75% 29% 22% 25% 18 7% >.1 , Corp '> 33 275 22% 247/a ••••' 61% - t 8% A 8 275 21 1 Corp Sundstrand 29 *25% 20 32 7% 1 Corp Corp Sunbeam 45% Apr 23 24% Mar 23 Gas 33 32 . 273 100 -1- 98% May 30 Jan 7 • 25% May 14 24% Mar ; 7 Apr 101% Jan 2 31 12% May 14 20 90 47% Jan 15% Jan 37% May 14 20% Jan preferred 60 32% 31 %• 57 ' . 1 com Gas 18% Jan 1.25 1 60% 31% _1 Co Studebaker-Packard Foods /- _1 ; Storer .Broadcasting :•! 171/4 32% 20'/s 20 20 >> . 4,100 / 25i/2 84% 23 23% ; . 300 * ' 267/» %>16'% ••'. 39 %40% 32% 25% 227/s 260- 28 78% . 24,600 - - 26% o 26% 25K '>.*83% '.56 26. ! .9%. , '1 ^ 26 , A25 , 171/4 763/4 29% , 25% 4 26 x283/4 22% 21 Oct ; 25 e;3oo •. • 92 *56 "!.■•• i 2X> < 9 84% V •'.32% 33. 25 Sep 15 .79% preference— prior $5 >.163/4 32% , 21%. 15 360 • _1 10% Feb 1 ; _5 41% Apr 445 3 29 / 75% v Co. 6 Jan 28% 2.50 Corp Fuller 21% Oct 230 • 32 ■-71 Camp Inc common Jan 44' 16% ...31% 5 15 x76 16 % - ~ - -1 .* Co Inc & & Stone 13 Inc_^. Inc Drug (J P) Stokley-Van 33% Apr .24 2 31% May 14 ■ Stores Stevens 53 % Jan 7 Bros Sterling Feb6 24% Apr 25 Sep Sterchi 91% Mar 26 37 May 14 May 14 28% May 10 15 17% Jan 17 19% Jan May 15 31 % 35% Aug 10 32% Oct 12 24% Jan 16 71' 17 185,600 • 17%': ",16% 16'A '16% v 40i'A. 40% *83%. 84% 16 4,600 24,900 52%/ *90: 17% • . ; 22,900 - 51f500 92 48% 9.1%. *25 :«•. 10,300 59 ; 52% "'»■ - v- 16% 25% 8% -'A 620 > 29% 92 ' : >8% 13,400 48% 26% 25% 1 26% 28% - 14,300 • 91% 27 Vb : 16>A y 591/8 16 48»/2 56 ,.26y4 25% ; 58 173/4 156 29% >15% . Shares " 92 56 15 % 28% "• - 52'A'- ■■523/4 - , 151/a . . 54% 17% 61/4 -May 18 / 341/2 343/4 •' 49% *90 26% • i V 17%,. - r ' "j ' 91% 33% 92 17% ; ! May 17 78% 59% •- 48% ■ -52% ' *90 '17 ' , , 49% " V: 30%. 58% 91 48% - 52 - 15 % 29% •■ • ■ 91 90% V 52 % ..*90 - May 16 59% > 90% .50% <- • 100,.- 29% 58 y4, -48% 50% - 7 preferred series A , 47% 90 25 ■«' 58% 56%: -- 16% May 14 71 i':i 29 % Mar May 14 < 343/4 66 .' '25% May 14 May 14 o 33% .1 preferred-.; of 3%% the Week * 67 Standard 5 Friday 64 Industries Calif Standard .8 Sales for Tuu.sday " 60%.", 64% Corp, Oil 28 23% Mar- PRICES 5 Standard 28 95% Feb Financial conv SALE ... No par com . Packaging Corp com __1 $1.60 convertible preferred—20 '-•» : $1.20 convertible preferred 20 -6% convertible preferred 20 -~ Standard Pressed Steel .'Co i .1 Stanley Warner Corp ; -5 267 32 $3.30 HIGH Wednesday May 1.5 32% 34% preferred of -Tuesday • May 1430 31% .__•, Inc Brands Standard 15 '59% Feb . 19 v25 ' 16 77 Apr Standard May 17 56% Feb 15% May 14 50% May 11 Mar 28 4 26% Oct 45% Dec 90 16 Jan 58% Feb • 8 32"% Mar 27 25 % Oct ' 92 3 25 25 - 60% May 9 81% Sep 44% Sep v 39 Monday ParT No par Co Dec 52 % Jan 35 LOW AND STOCK EXCHANGE Highest 5/64 . . - . 3/64 > 8.200 > 1/64 12,100 303,200 ■ - "v.-:-'' ■ V: - ■ ■■ : 16 Jun 8 4 Vb Jan 3 10% Nov 27 47 % Jan 6 40 21% Sep 29 61% NoVi'22 11% Ded 26 20% May 10 , 69% Jun 6 Nov 21 26 May 10 19 May 2 Taft Broadcasting 41% May 14 7% May 11 55% Mar 23 Talcott 11% Jan 2 Tandy 8% May 11 48% May 18 16% Feb 14 61 Mar 9 23 25 % Mar 2 Jan 23 Inc Co Corp Tennessee 18% Mar Texas Eastn Transmission Jun 15 40% Nov 21 37% Jan 2 45% Mar 29 Texas Gas Transmission 27% Jan 3 46 21 38% Jan 24 52% Apr 11 Texas Gulf 3 23 % Jan 15 Texas Oct 27 14% May 18 79% Apr 3 25% Sep 15% Jan 'M' 15 95 3 Jun 37% Nov 23% Apr 8 12 80% Jan 115% Nov 8 21% Jan 3 3 30% Apr 27 24% Jan 29% Apr 31% Apr 22% Sep 37% Jan 50 10% Jan 30% Oct 9 May 10 125% Jan 4 Jan 2 48% Apr 11 17% Jan 8 21% Feb 7 35 90% May 14 25% May 10 27% Jan 24 22% Apr 26 28% May 14 15 % May 4 55 V'r. .yyV Jun 28 82% Feb 8 82 Dec 20 87 4 83 25% Dec 29 18% Oct 5, May 54 32% Feb 8 25% Jan 28% May 8 19 8 23% Jan 12 3 20% Jan 24% Mar 50 % Nov 1 15% Jan 28% Apr 17 21% Jan 19 28 % Dec 18 25% May 14 37% Jan 66 Dec 14 33% Aug 10 59 % Jan 10 50 Nov 27 26% Jan 123 3 Aug 7 16% Oct 30 11% Oct 30 10% Oct 18 36 146 Dec 42% Apr 20% May 20 Jan 3 53% Jan 4 56 Vb 22% Dec 5 33% Jun Oct 25 48 29% Oct 24 10 % Jan 6 36 52% Dec 21 May 8 7 55% May 9 55% Apr 14 16% Sep 23 Thatcher 231/2 23 'A 23% 54% 54:% 55'A 17 17 Vb ' 17 171/4* 40 41 41 y4 42 41'A 41% .42'A 42 41% 42'/» x47% 48 38% May 14 125 May 11 9% May 18 10% May 18 10% May 14 25 % May 14 30 8 81% Jan. Trane 2 , 48% Feb 2 ,18% Jan 4 % % 39% Jan 22 29 14% Mar 12 15% Jan 11 25% May 1 21% May 11 42% May 10 92 Jan 30 97 Apr May 18 May 4 79 Nov 1 7y8 Jan 3 11 144 May 22 52'/a Nov 20 71 Feb 24 76 Jun 27 87 Dec 42% Jan 6 98 68% Dec 46 8% Aug 39% Nov 29% Nov 5% 34% Jan 51% May 15 56i/a Aug 8 110'/2 Aug 22 37% Jan 102 Mar 86 Jan 29 % Sep 25 33% July 26 18% Feb Nov 86% Dec 1 5 18 54i/2 May 14 30% May 14 27% Jan 15 531/2 Jan 15 8'A Jan 2 3 84% Jan 16 30% Jan 3 For 1,500 •19% 9,300 243/a 243/a 24% 24% 24% 24% 24% 53 21% •• 24 % 24% 2,700 53 51%. 54% 50% 51 Va 51 7,300 21% 21% 21% 21% A 21% 21% ■21 'A 21% 8.100 25% 26 25% 25% '25% 25%, 25% 253/4 10,300 57 Vz 57 V2 58 571/2 57% 57% 57% *573/4 27 26% 28% 27 29 26% 27%' 27 27'A 72% 72% 72% 72'A. 70% '71 % X52 •*•■ 25% v *71%' 38% 41% 41% 128% 41% 42% *130 130 ^ 'f '72 42V4 41 132 % 130 50 4:13/4'. 130 58 41 'A ,42 130 9% 10 Va 9% 10% 9% lO'/a (9% 10 10% u y« 10% 11% 10%. 11% 10% 11 10% 11 10% 11% 11 Hi/4 11 11 'A 11 29% 30'/2 ;• 9% 1,600 4,700 4,100 ' 30,400 130'A 10% •" - 2,800 n% 20 400 il0% 10,100 * • - - 25% 43% 55 % 30% 56 ' ;. • 31 29% 31% 44% 30 40% - -45% 44% 56 231/2 ■44% 45% 55 y2 24 *50 y« 50% 1 27% 29% 29% 30% 2 8'A 11' O.700 29% ■29% 12,800 44 4'5 'A *13% 13% 13% -13% 13% 45 Industries " 91 May •44 y» 24,600 34% Jan 4 8% Feb / Preferred 3 28 Feb 39% Jan $4 5 United 84% Mar 24 Apr 4 24 70% May 14 Feb"20 May 14 16% Jan 2 8% Jan Jan Mar 14 1% Jan , ; 71% Jan 4 35% Mar 16 r - 27. Jan 24 Mar 26 f ' - , . " , . / pfd_100 Corp.— Co Carbon United-Carr 28 6,000 13% 1;3% •42 45 100 28% *13% 13,300 '131/2 800 •*< ■40 40 ■ 20 " 9'/4 19% 18% 26% ..217/a 43% 19Va 28 22% 44% 3 8% 18% 18% 26% 28 %. 27% 28% 10.400 x21% 21% 21% '21%' 40,100 44 43% "43% " 27,700 26"% ,22% 43% 44% 22 '■ Foundry of Mach Corp Inc ' '".24 1 " 1 '9% ' 9'A 9y» 2,300 " ' " •*v «•'%* "7% •521/4 19% 43% 25% 36% *71% 24% 8 25% 37 73%," 24 58% 34 47% 47"% *110 112 94 95% 31 31% 42% 43% *21% 22'A 76 77 31'A 32 . " 18% 21% lVa .' * ' 57Vs 34 -- ..3 v -.. 7% 53 8 53 " 20 45% 25% 37% 72'A 24% 19% 21% lVa 58% 34 v-* ■ rJ 1 "• 19% 43% 25% 36% *71 •*'< 24% 19% 21% lYa ■ . 57% *33% 'IT T f< : 35,400 9% 38% 38% 99% 98 " 99 47% 48% 48'A 101 100 *82 84 *82 54,900 76 *76 77 10,600 84 76 6,800 16,700 " ,48% *100 100% : ; 230 ' 50 *91% 92'A 91 57 '/a 57% 55% y51% 26,000 31% 31% 31 Vu 31% 45,700 8% 8% 32% '. ,33'A 24 24 91 50 8% 8% 32 % •331/4 24 ■• 241/8 11,500 '11,700 .1,500 ' 30% 31 30% 46 4'7% 47% 340%:' .48% 120 *110 *110 120 96 *95 96 *94% 15,100 30,300 700 700 30% 30% 31 31'A 9,200 42% 42% 42% 42% 7,400 *21% 22% 21% 75% 73.% 74% 30% 31 30'A 21% 600 75% 6,500 30% 1,800 7%. ■ 16,COO 7% 8 7% 54% 55 *54'A 19% 20 20 201/4 4,200 41% 43% 41% 42% 17,800 25% 8 53% 20 44 26% 37% 72'A 24% 19% 22% 1% & 38% 98 8/4 33% 24'A 31% 9% v 38% 58% 31% 32% / 24% 31% 109% 109% 94% 95'A 31 * 31% 42% 43 21% 22 75% 76% 32 32 18% 21% 1 33% : " 48 47 57% 31% 8% 24% 30% 8% 33% 32 9 9% 100'A 101 *82 83 *76 77 90 A 91A . 43% '18% * 38% 99 100% 47% 48 /a 58% 31% *24 30% 51% 19% 43 55% J '"" ' " ' 30% 18%, 20'A 1 " 28 ^.28 31% 8% 31% 18% 38'A 24'A 36% *"70% 10 " common —^ 13% ""' .'—4.50 • Mfgrs " 10 Co City Mines Co— preferred " No par Merch & 5 Calif—.1 Co United Park & 57% 31% 8% 24 7% 51% 5 8% 38% , 47% 47 x44% 46%*105 109% 93 94% 30% 32 43 43% 22'% 22Va 73'/a 74% 31 32 1 Corp t Improvement Greenfield 8% 2.50 Cos Corp issued.— United Shoe -10 Corp — Fruit > No pat Coal Financial Gas Corp Co Corp United Gas 1 of Amer__No par Fastener United Electric United 28% 9% 99% 101 *82 84 76 77 *90% 91A "30 - pfd_100 United , 28'/4 51 91/4 101 84 77 91 54'A 58% 23'A 5 conv When *50 9% 8% " 9 38% 39 100% 101% 8% 30 Va ' 10 conv United 2 55% May 14 25 Inc 1956) United 2 3,500 23 'A 23% 50% 9 VB 8% 38% 101" 46% 30% 5 1955) Artists United 2 : 10 Corp common United Engineering , 79% Jan 2 25% May 10 20% Mar 20 33 1% Feb ■; , No par ; Co— (series of United ^ 2 ; 201/4 May 14 Lines . 10 (series of United ; 3 30% Feb Co United Board & Carton „ 5 38% Jan common preferred United Biscuit 8 *50 45 *42 45 56 18% 25% A 18 7% 25 4% 33% Mar 11 26% Mar 28 Co Drill Aircraft United 50'A Mar 16 21% May 15 73 Va May 14 No par 4% 9 30 35% Jan * 9% 25% '26% 21% 21% 42% 43% 37% 99% No Par common RR Car Twist United Air ' 35% Mar 15 56 " 6% Corp California non-cum Union v 25 Paper series., Pacific of Union Tank Mar 27 Mar Feb Oil Union 4 19 110 7% Jan 16% "> 1 Corp— $4 Union 19 100 10 •42 55,1/a u (The) Corp Preferred 8 691/2 Jan 28 Apr -9% 1 Corp_ No par 92'/2 Apr 16 30% May 1 10 Corp 23% • ' 51 *50 56 23 % 13% ♦42 55 7 it 28% Film series 23 24 23% 23% * 50% 1957 $3.50 Jan 56 23% common 46% 77 50 55% ! ""'TOO *82 " / " *76 *90% 1041/4 Feb 421/2 Jan - _10 76'A Mar 24 34% Oct 4 30% 19'/2 No par 3 4 see page 30% 19%,. No par 24% Noy 28 1% Nov 30 footnotes, 20 30'/« series 321/4 Mar 13 24 3 > 19% series 39 May 11 23% May 14 30 IE Jan 56% 87 30% $3.70 42 V8 Jan 21 17% Jan 56 87 19% $4.50 1 18'A 300 16,500 57 88% 30% Preferred 69% Dec 19 *87 19 % Preferred 20 23% Feb 21 Sep 56 88% *87 56% Co series of Electric; Co 25 64 15 V* 88% 2,500 16% *29% Feb 51% May 10 Nov 573/4 571/4 57% - *15 % 19 % May 14 18% May 11 38% May 14 291/4 Aug 56 *87 126 > 127 »A 1 Union 52% Apr 16 82 16 71 1 Carbide 12 41% Nov 15% 70 _50 Bag-Camp 12 4 16% *16 35,600 30% -26 ..8 Union 9% Nov Mar 21 16% 1,200 w'.. 19% 57 - Inc Union 2 21% Dec 52»AJan 30 30 25% 1 10% Mar 22 67% Dec 33 23 29% 19 %• 50% 1- 43% Mar 15 121% Jan Jan 3 30 23 30'/« 29 Vz 24% No par Unilever Ltd Amer dep- rets ord Unilever N V ord shares 20 g Union Asbestos & Rubber Co——0 15% Jan 17'A Jan 30 23 29% 1 pfd Underwood 2 44'A Jan 13 30 22% 31% 50 Electric Udylite Corp Jan 30 Va May 14 7, 52'A Nov *29 "A 22% 30 y8 ♦15% 88% A 21% - Co Co 30 22 y2. 19 100 common 17,900- 22,000 29% Corp Corp 94% 27 Vu 31% ' ■ 2 common Financial 191/4 May 15 24 40% Mar 16 7 Feb Feb 841/4 Jan 8 60% Jan 2&'/2 Jan May 17 73y2 Jan 1001/4 Aug 17 40% May 24 47% Dec 18 30 Corp 933A 26% 23 % 56% *87 —1 A preferred— 36 80 15 Jan 54 ■> com_5 91% 271/2' 22% 15% ■; City Twin 101 8 20 15% No par ( class Century-Fox Twin 5 5 17 29% Jan *29i/4 23 30% .3 Electronic conv 20th 2 2 4 Jan 29'A 93% 26% 30 % 30 22% 2,000 96 27 y8 , Rap Transit com_No par conv orior preferred 50 5% 11% Jan 95'A Jan 6 37 VB DAC 27 Vb Jan 8 20 20,700 18 7.50 : Trl-Continental 49% Jan 78 May 18 81 2 36% Jan 18 20 44% 18 29% preferred- Trans-World • 741/2 Jan 35,000 42% 18 28'A 25 Airlines 18 26% Apr 13% Jan 25 42'/2 May 22 88'/4, 42% 18 26% Co World Tung-Sol 18% Sep 3 85 42 181/0 943/4 10 Trans 5 65% May 31% Dec 4 88% ' 431/8 18% ;•■ 97 No par 19 14% Jan 16 4 4 81% 421/4 18'% 27% Co___ Pipeline 52% Feb 13% Jan Jan 88V2 43 Va .1 Transwestern 26% Feb 34% Sep 22 26% Dec 12 Jan 89% 18 95 29 Vb 154,300 42 26% v 42,300 151/a > 87 Va 96 % 5 9,100 433A 14:»A 18 Va 27'A No par :• 84,600 42% 90% common Co 17. 25 % .2 ».'■ Transltron 2 6 9 39 y 48% 15 50c Co 14 15% Feb l 22% May 49% Apr 40 33 Va Jan 18 47% ITi/a No par : " Co conv $2.70 3 116 88 40% 48% r 44,600 '28,800 * 11 13 82% Co Tool Oil Transamerica 15 Jan: 28 Oct lO'/a Mar 28 I 'A 8 61/2 17% 10 - 17 493/a 17 Co 34% Apr 23 51% Feb 8 51 58% Dec 48 17% 100 Supply 56% Feb 16% Apr 3 48% 17% Oil (J R) Torrlngton Tractor 12 30 18 45% _ Mfg . 33% preferred! Edison 40% May 14 20 6% Nov * Bearing-., No par Realty & Construction..1 54% Jan Jan 51'A Dec 5 Corp preferred--. 42% Feb 141 - Roller 63% Jan 12 10% Nov 13 & Co Glass Power Toledo 19,100 54% x23 23% ' 15 50'A 23% preferred 27% Jan 48'A 10'A 171/2 Thompson-Ramo-Wooldridge $1.20 10,600 52 9% 55% 6 Tishman 93/4 50% 23% 2 Timken 9'A 53 17 Jan 9 10% 23y8 ,66 7 10i/4 521/4 541/2 Thompson > 10% 52 Va 17 % 3 57% Feb 6,700 2,500 li.OOO 23% "23 Vs. Tr sub shr ctfs.l Chemical Tidewater ••7% 55 Jan Thor i63/4 443/4 7% 16% '24 4% 16% 49'A 4 53 9% 9% 52 No par common conv Thiokol 25% Mar 26 15 25% Apr 30 70 May 10 3 1 20% May 15 $1.25 1 22 25% Mdr 3 May 18 56% Jan 91% May 15 52 Vb Dec 6 Inc 9 27% Mar 44% Jan 7% 54% Inc Coal Utilities Textron 4 Apr 23,% Feb. 16 48 % Jan Jan 33% Mar Pacific Pacific Land Texas 9 36 May 11 50 Mar 19 31% Mar 433/4 7% 16% Sulphur— Instruments Texas 16% 423/4 81/4 53% 88% Apr May'14 Jan 113; Texas 16% 44% 7% ' 8 16 Inc Gulf Texas 18 43% 9 Co__5 Producing Col 18% Jan 27 % Aug 9 206% May 15 17 44% Corp_3.50 Texaco 16% May 11 33. 16% 77% 50 Transmission 59% Aug 18 14 59% Mar 15 19% Jun 5 16% 43% 7% 12.50 Gas 13 20 May 14 16% 44% 7% 51% 1.25 % Oct 50 ... 1 Corp 16 Vb Sep 47 16% 41% . L'jX-.l _LL TelAutograph Tennessee 1- J&4.50 (JamesAL*-; Corp.. 25% 25'A 26 35,300 55% 600 37% 37% 37 72 72% 71% 24% 24% 241/4 24%' 1,100 19 18% 19' 4,000 21%~ 21'A 21% 66,300 iy8 5T. 34% 3,400 X19 21% 1% 1% 58% 57 ,1% 57% 66 34 34 34 34 , ' 37% ' . '' 72 t-r:—rrrj-rnx-rz- »> '</"• -,v; 36,200 1,700 7,100 590 - Volume Number 195 6161 . . The Commercial arid Financial Chronicle . (2399) 27 NEW YORK STOCK EXCHANGE STOCK RECORD STOCKS Range for Previous Year 19C1 Lowest 33 % Sep 29 93 47% Feb Jan 4 97% Jun 1 3 32% Nov 8 95 27 Dec 6 Feb 27 82 % May 14 115 158% Oct 2 9% Jan 3 22% Dec 14 35% Jan 17 42% Dec 4 5 154 6 9 % Nov Jan , 2 40 % 16 33 5 Mar 2 53% May 18 84 29. 18 43% May 10 79 Jan 47 Va 15 Dec. 64% Aug. Jan May .» 6 3 161% Nov Jan 3 41% Nov 21 30 % May 11 45% Jan 4 54% Oct 27 50 Vb May 11 11 14V' 158 % Jan 13 28 Va Mar 26 75% Oct 24 141% Jan 3 23% Jan 6 45% Nov 28 35 Jan 9 39% July 11 29% Jan 3 53% Apr 55 91% May 17 147% Jun ;5 11 Jan . 3 23 144 29% May 37 10 Apr 4 " 152% Apr .',39% Feb ; * 30 .Jan 3 30% Jan 10 153% Jan 9 27% Oct 27 vl 28 55% Nov 40% Apr 30 62 Jan 3 6 41% May 10 41% May 1 59 33% Mar 10 Apr 14 42% Nov 35% Jan 20 Vitamin & 3 •* 31 % Jan ■; 2 Universal Match Universal Oil 55 26 Jan 2 8% 40% Mar 20 Utah CO 32% 31 9V2 9% 9% 10% 8Va 8% 8% 38 V2 38 Va 29 30% 437/b 43 44 *165 167Va *165 28,200 2,600 44% 45 4,400 " "• *81 48% 160 Va - 83 47% 161 48% 162 18,100 2,560 7,100 51% 52 52 56% 57 Vb vl,400 56% 57 203,600 146% 147'A 146% 147% 31% 31% 39 29% 31'/a 38 Va 38% 30% *38% 30 30% 10 Va 9% 8% 9 - 39 - 29% 43% 5,400 10 30 % 10 9% 9 29,500 11,800 Q 8,700 *38% 39% 38% 39 28 Vb 28% 28% 28% 12,200 42% 43% *165 4,300 39 30 10 9% - 3,300 * 42% 40% 41% 4,100 1 167 Va *165 167 Va *165 1.200 167% 19 Vb ' * 20 % 20% 20% 20% 19% 45% 20'A 45% 46%' 45 19% 20 46% 32,000 44 45V4 4.5 % 44% 45%- 44% 44 Vb 45% 41% 49,000 43% 36 > 20% 44V2 - .12.80 : 19% 30% 33% 29 167%- — 19% 29% 39 V ' .41% ■ 1 I 1 - - 51% 29% 38 V2 29 43 ~ > 2.50 ! . Co Co. 39 27% v V ' **29% 44% *83 S v 8% - 100 5,800 , 31 % 9% 7% 1 19 V4 9 Va 32% *38 Va 29% 5 38 % *9 29% 31% 39 29% - 46 Va 38% 147% 147 30% *38V2 • 46% * 32 Vb 58% 30% 15,800 77,900 29% 57% - 85% 163% 17% 31% 57% 148V* % " % * 51% 147% 15,200 16% *162 * 9 Va 44% 39 % 29% 51% • - 40 3.100 ;; c 39 82 4,800 28% ! 38% * 49% - 38 I6OV1 30 50%.>51% 59 Vb ' 47% 161 % 31% • • 38 *81 29% - - _30c Corp.— Light 32 , 49 Vb XI6OV2 30 31% 148 *38 Va 163% 29% 30% V 30% 25c *46% 18% ' ■ 83 - 28% — 29% * 30%" 44% X48 Va 98 *9 18% *81 •- 32% 98 29 * 30% -■ 44 Va ■ 49% • 57% -.147% .. 100 & 83 48% 9 Vb 30 ■ ► 28% ,-4. Power 55% ; * . 38% ■ 18% 443% V 163% 50'% < .30 "♦81 31% *9 - 18% 30 -29% 50Vb , 48 % •37% 9Va . Shares 32% 98 82%, 84'/a *162 163% 16% 17% 18 VB - 1 preferred Upjohn V com.No par Products 18% ? ' 48% 163% 30% ... • ' 163% 17% *46 % -37% *9 44 29% • . 25 ; American 2 v " 7 V 83 47'% 163 .No par Corp..... Feb * *81 . .... *162 18% ,33% the Week May 18 . 38%' 39% •; ; 85 Va . 9% 18% 43% -44 .... 84 48%- >-'x36% 36? ' % 163% 17% *46'A ' 29% V 30- * 100 ™ *162 " 46% *9 ... . - 164 18% 16% preferred Universal Leaf'Tobacco 6 84 „ 5 Pharmaceutical Wlielan 83 % 84 Sales for Friday . 28% 40 % ,.100 Corp Convertible preferred.. Universal-Cyclops Steel Corp., 24 ■ ; common 61% Mar 14 19Vb May 14 ,69% Dec 28 U S 2 Feb 170 Nov 4 48% Feb 54 4 166 30% Jan ' 22 Co '39% 39? 34V2 ^.100 common. non-cumulative 40 35% 32 *97% . 29 Va 38% : 98 % 28% —5 preferred preferred-., Tobacco 7% Universal v38% Jan Jan" U S 11 % Apr 40 % May 18.. 164 1% *97% 29% __1 . Corp 97% *46% ... United 27% May 14 43% May 17 4 1st PRICES Thursday May 17 34 % 28Vb ^-15% 1 17% - Shoe Corp No par,.,.,.. Smelting Ref & Min com—.50 preferred™ -.50 14% Mar 23 117% May 14 34% Fpb 2 •;, ;—10.- Co common.. non-cum U S, Steel 6 42% Jan •" > . 1% 21 4 S US 17 39 % Feb 1* Jan U 2" 78% Jan 28% May 14 9 % May 11 ; 8% 44% Mar 19 V 58 Mar 8 2.' "Jan. US'Rubber 32 % *97% 82% ' .*162 ' 1 7 33 28Vb v —5 2 32 97% 50 common—: Playing Card Co.:—: Plywood Corp common.. 3%% preferred series: A , May 10 ...100 common______l 1 Foundry Co.—: 32% SALE May 16 x97% ? -14 U S Mar 27 35 1 Co & " HIGH Wednesday May 15 27Va No par US 9: May CO—: preferred Pipe % 1 preferred series A.—: ':%% 31% May 4 53% Mar 20 164 2 . % % US - 100 Co common^ preferred.... U R: Lines 5. 23 82 % May 60% Feb 12 46% Jan 149% Jan Mar 19 9% Feb 23% Feb 18% May 14 - 4 32 AND Tuesday « May 14 com_l Securities Foreign U S( Industries Inc 30% Jan 6 75 7% 2 Corp Gypsum 7 May 24% Mar Chemical Freight 48 Va Mar 29. 21 27% Apr 3 5 Jan LOW Monday Par preferred—. & U S 4 163 & us 8% Jan 36% Jun 3 2 25 US 4 44 7% Jan 43% Jan 4%% 1 9 105 % Jan Borax US 14 47% Mar 23 15% May 11 21% Oct 26% Jan Jan Vb Feb 98 May 32% Mar 2 27% May 14 35% May 14 20 26% Jan Jan 46% Dec - Sep 25 151". 96 41 ... STOCK YORK EXCHANGE Highest 31% May 11 9 24% Jan 42 % Dec NEW Range Since Jan. 1 Lowest Highest 44 Vb 37V4 37 38 43% 37% 43% 37% 34,100 38 38 Va 38 38 % 4,800 ' - vvV-: V ■:.>>.•:,,,> ' 30% Oct 27 ' 38% Jun 6 27% May 1 33 Va Feb 1 Jan 3 29% May 2 17% May 10 28% Jan 16 19% Jan 3 30% Apr 27 23 26 38% Oct 20 18 42 Jan 45% Feb 19 77% Mar 30 31% May 14 50% Jan 19%,Oct 30 13 18 43% Apr 18 77% Apr Nov 2 15% Nov 20 30 July 14 107 Feb 13 49% Jan 27 81% July " 27 Dec May 14 « 34 6 86 Dec Jan 9 92 Nov Jun 26 89 Oct 11 28% Nov 111 91 19 89% Jan 17 Jan 2 91 13% $4.12 3 87 Va Jan 3 100 98 Va Jan 5 107'A Jun Von's 34% Mar 26 Vornado 14% Feb 21 Vulcan Materials Co 3 16% Feb 21 *; Jan 10 .102 ;Apr 9 5%% 71% July 28 24 8 Vb Dec 85% Feb 53 -Oct - 28 31 % Dec 14 3 106 Jan 30 6%% Mar 13 73 3 Mar 70% Apr 13 22% May 14 7 52 • ; 6 58% Nov 15 " 51% Jan 26% Feb 2 42 Va Oct 10 32% May 18 11% Mar 28 5% May 14 7 Oct 30 8% Dec 26 13% Jun Dec 26 86% Mar 16 Jan 66 1 8 % Apr • ,3 28 May 16% Jan"3 39 Nov~29 64 Jan 93% Nov 24 6 - .9 8 28 78 Jan ' Wagner 4 Waldorf 4%% Electric preferred Walgreen Wallace & Tiernan 20 21 Ward Mar 12 >.,-6% 17% Jan , > 24 9 Co When 41% Jan ~ 5 54% Nov 30 43 % May 8 34 Va May 14 45 Va May 1 38% Jan 23 33% May 11 37% Mar 19 Waukesha 37% Dec 7 31 36% Feb 8 Wayne 5 % Jan 31 Welbilt 14% Feb 20 West Kentucky Coal Co 102% Apr 4 West Penn 30 Va Jari 25% Jan - 4% Jan 10 Va Jan May 14 3% May 1 11 Apr 17 7% May 31 17% Apr 7 Jan 85 July 11 97% Jan 26 87 Jan 11 94 85% Jan 3 92 36% May 10 97% Feb 16 46 Mar 12 17 87 1 45 Dec 25 Jan Nov 99 28 14 4 30 May 11 21% Jan Jan 13 45 Nov 29 Va 23% Dec 14 29 Dec 24 July 18 7 38 Va Nov 22 30 Jan Apr 28 Apr 19 50 82 Va Dec 19 88% Jan 4 Western 25% Jan 2 30% Mar 12 •31Vb May Jan Nov 28 110 Feb Jun 5 33 3 99% Jun 2 4 34% May 19 25% May 11 Jun 71 % 77 65 Feb 9 60% Jun 9 2 110 29 56 92 % Jan * 26% Oct 10 Jan 43 Va Aug 24 40% Jan 3 % Jan , 9 - 103 13 Va Oct 31 26 Jan Jan 5 49 - May 10 24 100 May 15 -7% Jan 3 7 Feb 31 118 Apr 18 47% Mar 28 52% Jan 102* Motor 5'A% Apr 26 10'A Jan 25 Jan White 15 27 19 28 37 May 1 43% Feb 20% Jan 4 27% Oct 25 24 Feb 2 26% Mar 1143% Oct 27 57 16 24% Dec 20 26% Dec $3 Stores ' 20 Wilcox Oil 3 52 Va July 6 Feb 16 Wilson & 5 85 Dec 29 84% Mar 16 87% Feb 13 27% Jan 4 44 Va Dec 6 33 46 26 7Va Dec 14 13% Jan May 14 6% May 2 10 Oct 6 59% Nov 22 12 129% Dec 15 44% Nov 17 31% Jun 27 % May 14 30 41% Jan 121% Apr 5 22 26 41 26 Jan 29% Jan 3 3 22% Jan 50 % May 10 125 Feb 9 35% May 14 25% May 14 72% May 14 22 Wickes 32% Feb 57 39 Wilson-Jones Windsor 2 Winn-Dixie 60% Mar 16 - 6% Inc Stores Elec Power Public Woodward Iron 66 Va Apr 5 93% Nov 2 Woolworth 49 Jan 3 67 % May 22 46 May 1 58 Feb 8 6 88 % May 14 93 Jan 16 141% Nov 6 110% May 15 131 Jan 2 86% Nov 28 95 Jan 6 8% Feb 12 Vb 16 8% May 92 % Jan 9 11% Feb 166% Jan 4 Apr 25 (FW) Co 10 Corp common.. preferred 4%% series Wrigley (Wm) Jr (Del) Wyandotte Worsted Co 28 122% May 17 Prior 5,100 54 V* 52% 52% 1,400 53% 52% 53 52% 53 35'A 34 % 35 32% 34% .6 5% 6 5% 6 8% 8% 8% 8'A 8% 63% *62% ... , 6 5% 6 5% 8% 8 V4 8% 8% 63Vb 62% 7% 63% " 8Va 15% . 33 62% ' 9'A 15V8 15% 33 34% 79% 78Va 82 26%- 26% 34% 63' 9 8% •; 15% 7% 14% 15 14% 04 \ 8% 6,100 12,500 36 35% 35% 35% 82% 81% 82% 80 81% 27% 27% 27 27% 45 46 Va 3,700 35% 36 5,400 46% 8.000 45 45 V4 44% 44% 36 36 Va 35% 36 Vb 46% 46% • 37%' 47 x46% 47 33% 32 % *33 % 32 34% *34 34 Va *34 *31% 32 *31% >• 11% 93% 32 3% 11% - *101 Va 93% 92 *91 38% " 101 21% 6,600 34% 32 *32 4 6,300 82 33% 31 380 - 13,400 35 46 % 47 3,500 2.100 14% 35% 35' 34% {21% .. 7,300 17,300 27% '2V"/a, *27% 44 % 45 % > 43 % 62% 8% 15 x52 4 4 12% 4 11% 4 12'/a " 4 4 4 100 400 Va 9,000 1,900 11% 11% *11% 11% ►101 Va 102 Va *101% 102% 70 93% 93% 140 102 102 93% *93 94 94 94 92 *91 92 *91 92 103 45% 39 Va 40Va 39% 40 37% *100V4 101 *100% ♦91 39% 101 37% 92 38 8,400 100% 100% 90 25% 25% 25% 25% 5,800 32 Va *25%-25% 33 32% 33 23,200 21% *20% 21 2,800 30 ♦28 30 32% 32% 21% 21% 21 *28% 29 Va *28 21% 21%' 29 29 *24% 24% 24>A 25»A 24% 25 24% 24% 24% 24% 4,400 35% 36;% 36Vb 37'A 36 37% 35% 36 Va 35% 36% 26,500 26'A 27% 27Vb 28 27% 27% 27% 27% 14,100 31% 33% 33 31% 32% 78,600 86 33 Vb *85% 32 86 "v 86 85% 85% 29 ; " -- ... \ *110 r : 29,, , „ 7% /' 27% 28 32% 33 Va 86% 85% 85 Va 113 * *110. . 71 Va 35 9.6'A 96 Vt 29% 74 113- 34% 28% 95% *71'A 41 45% *23% 38 113 : 34 34% 95'A 96 Va 28% 28% 28 Va 72 46 24% *110 - 35% 95 Va 28% 41JA 45 *85% 95 Va 72 73 73 41 *40% 41 45 Vb 46 Va 100V4 i 101%100% 100% 7% *7% 7% *23Va < 33% 5 34% 1 41 Va 43% *100% . *110: 29 41 , „ „ ; 34% ,95 % 25% 71 % ; . : 113 .. 33 100% 41 *110 33% *95 28 *72 34% 7,100 96 160 28% 7,100 75 700 41 1,000 45 Vb 45 Vb 45 VB 6,500 *100% 102 Va 90 7% 2,200 7% 24Va'.', 400 113 101 Va 45 *100% 41 400 7% 7% 7% *23% 24 Va 23 Va 23 Va *23 24 ♦37 39 7 VB 100 ; *37 38 Va 38 39 *37 3Q 24% 24 24>A 24% 24 Va *24% 24% 24 »/b 24% 2,500 36% 37 38 39 Vb 39 39 38 Va 38% 38% 2,700 22% 49 Va 86»A 33, 24% 50 86.V4 33 6.% 24 24 Va 38% 24% 47% 48% 47 % 87 8,900 .38 ./ . > .,24 , ; v : t , , 6% : ■ 27y4 * » . . „„ 5 t , 27% 50% 34 - 7 28% 53 53 130 130 35Va x25% 36% 26 Vs 72'A 47V4 111 « 34 6% 24% 73%; 48% 89% 113 .*8% . .9 36% 26% 24'/a 49 49 *86 24% 87 52 V4 88Va ' 49% 131 Va *130 10 28% 24 *86 r. 51 ( 100 No par 7,000 7% 54 Va 37% - 10 t Worthington 94% Jun Co 270 24 VB, 53 % *91 10 Corp '78 7% 35 % 102Va . 100 Service 78 24' *53% 93Va ' 10 com .; 7% 35 % 11% 1 Co 24 7% 53% 101 Va 10c preferred— Wisconsin 22 Inc 78 23% 7% 54% 37/b No par 10 77 24 % "7% 35% 31 No par Co 50 53% 46 % i- 20 5 106 54 *33% 50 common Industries Wisconsin 131V2 Apr 10 40% Mar 26 29% Jan !i ■' <.' .1'I i1 80 1 , 35% 34 Vb 2.50 Co 7 Jan J 5 Inc 15% , 53% 78 n 7,500 101% "*105'A 77% 26% 43 %' 40 preferred preferred 15% '*101% 106,m 32 Vb 1 16. 101%- 24 31V4 ,.100 1,000 15% 76% 32 S S) 20,500 *105% 8 30 Inc Co V 54% 32% common.6,25 (The 12,700 10% *101% 257/b common 28 X10% 105'A 24% - 100'A Corp $4.25 Mar 14 9% Feb Mfg convertible White 2 41% Jan Mar 7% 25% preferred 22% 27% 10% 101% 77% 23% 100V* Sewing Machine common...! preference 1 20 79 % Jan 48 '! Prior 36% May 14 22% May 14 46% May 1 Oct T " i" 25% 10 22% 28% 10% 16 22% 27% 105 % 105 24% No par preferred 16 21% "" *101% 1017/8 77% f 8 16 20 600 , 77% 15 . com__No par Telegraph Co fi^A' 105 - ... *100V» preferred Electric Dental White 9 *101% 106 2 RR... convertible White 4 Jan 23% Apr 13 4'A% 10% 15% 101% • 7Vb ' preferred series B 100 Wheeling & Lake Efie Ry 100 Wheeling Steel Corp common 10 $5 preferred. No par Whirlpool Corp common 5 24 ' Apr 29% 10% 62'A 3.80% 2 96 % Apr 23 Westinghouse 2 42% Jan May May 14 40 Va May 10 42% May 1 Mar 10 2 88% Jan 93 % Jan 1 37 39 Vb Jan Ry 2nd Pacific Union 28% 11 Vb 1 Westinghouse Air Brake 33% Mar 16 82 Feb Dee 99 41% Jan 30% 10% 16 8% 100 Inc Maryland non-cum 28% 11% 100 Lines Western 4% 22 Va ■ 35 % < 21 Western 92 22 VB 28% 54 •- series C Feb 9 May 14 4 Bancorporat-ion 4 93 * if Western Jan 29 *92 5% pfd——100 series B 100 2 32% Feb 93 92 22 Va 22 53% 4%% Jan 28 *92 91 93 22% 22%;.:24 5 5 preferred 39 *92 <>: Pulp & Paper common__5 Air 93 94% 81. No par 1 Power Western 83 - Va 4%% 17 10 41 - Jan Jan 4.10% 92 *93% 77% No par ' Co preferred preferred 27% Mar 16 23' 104 -68 4 29'A Aug 16 37% Dec 101 4.20% West Motor 280 *90% v No par Corp 35 Vb 25 55 9 Co.. Knitting Mills May 1 21 May 17 28% May 7 24 % May I5 37% Mar 21 38 29% Nov 3 - 28 (S D) - Washington Gas Light Co Washington Water Power , May 17 Apr 30 82% Jan 19% Jan Warren 2 Jan May 31 33 Vs Aug - 51 91 May 5 Apr 24 27 2 102 94 93 40% Jan - 900 14,200 110 91 • 15 59% Nov 27 ♦109 94% t t 9,200 3,700 59% *93% 'J- NOV 6 59 «/b 109% 39 94% .......f 105 1 43 34% 109 59% 13% 128 91 15% 10 40% Nov 27 58% 110 38% 128 *93% 1 ... 58% 13% 39% 127% *90 25% Pharmaceutical..! issued 14 39%' 126 91 11 1.25- — Warner-Lambert 19,000 94% 1 Inc 40,200 32 *93% 1 10 Corp 36% 31% *90 21% ..100 Industries 36% *92 50c common 1,800 38 33% 94Va .No par preferred^, Warner 19 94% Mar 19 27% May 17 54% Jan -' 2 ' W 5,200 91 i..2.50 Warner Bros Pictures 38'A Apr May 14 & Inc Co Baking Co Ward 25 20% Feb G 57% 1,000 18% 23% 13% 40 Va 126 109 29% 18 ye 23 *93Va 15 : Walker. (Hiram) 8 72 56% 109 Va 100, Co 2 Walworth 55% 108% No par 44% Feb 14 VB 39% 126 55% . Corp System -13% ♦28% 18% 18% *23 *90 -^-100 9% Feb 30 26 Va May 11 Feb*"" Wabash 3 13% 41 126 108 Va —:™100r_:_.„*101Va 8% Feb v 62 % May 14 7% May 14 14 Va May 11 20 13% 40% 126 55Va 1. i.,, • • 126 ; 108% , „ 10c 57% Jan 24 8 ™.lfl • RR Feb 13% 40 Va 38 Va 126 29% 32% 33% <• 23 % 36% 37% 32% common preferred. j" ' Jan 65% Mar 21 May 17 38% Jan 36% 33% Inc.. 9% Jan 88 31 > 7% May 16 : 38 33 • 13 com-_l preferred 29 14 36% 33 % com preferred Jan , 24% Oct 36%' 31'A .1 1 98 20 34% *28% 18% 23% -.100, convertible 23% 18% 23 VB Grocery Co 5% 28% 18% 23Va ...100 102 1 28Va 18'/a 23 ..^.—...lOO. 10% May 15 May 12 July 21 Co preferred preferred $4.20 28% - 1.25 preferred 13 20 ' 18% 24 100 $4.04 27% 18Vb 1 (J. 15 Va Jan Feb"~6 17 May 17 27% • 23% __ preferred. 26% Jan 24 j. Virginia Elec & Power $5 ' -> dividend par tic preferred.100 92% Feb 4 V1125 % May 14 4^ 4 9% Jan 13% Jan Associates 94% Feb Mar 27 21% Jan . 6% 4 May 5 -1 10 Comptometer Corp Virginia Carolina Chemical Mar 23 2 Co. America™. Inc VendoCo— Mar 23 67 13 24% Dec 135 86 29 83 9 106 % Jan 8 85 3 of Co Victor 44% Mar 23 Jan Steel Corp Raalte Varian 2 55 Vb May 14 7 Van 10 Jan 112% Jan May 15 68% Nov 21 108 May 15 31 % Apr 125 102% Aug 29 Vanadium 4 4 Vanadium-Alloys 87 34 34 % 6% ♦86 34 34 6% 28'A 28% 53 Vb 87 6% 6% 28% 54 Va 28% 55 Va 54 ♦130 *129 131 36% 37 37 36% 26% 26% 26% 73% 75% 49 49Va *88% 90 xll0% 115 9 9% 131 55 1,400 6% 8,000 28% 24,900 55% 7,200 36% 36% 37 2,800 26 26% 25% 26 2,300 76% 75% 77 Vb 48 Va 46 Va 47 89 89% 89% 89% 114 114 115 9% 27% 100 34 130 75% >,,9% 6% 6,100 129% 47% 115 23% 46% *86 34 '■ 400 ,\ 9 % - 9% ; 50 76% 77% 14,600 46% 46% 6,100 *88% 89 V» *112% 440 114 1,500 *9% 9% 1,700 122% 127% 89,700 X 94% July 19 27% Jan 171% Dec 36% Jun 19Va Jan 8 29% Nov 3 22Va July 20 887/a Jan 3 11 14 « 2 82% NOV 28 asked ruptcy and Act, stock or prices: securities dividends of 25% no sales assumed or 30% Feb 21- 38Va Feb 16 Yale 1 Sc Towne Mfg 307/8 Mar 16 75% Mar 15 Zenith on this day. rCash sale, wd When, Radio Corp— distributed, by such companies. 11 Transferred from American less, high and low ranges of old stoak are retained. . x » '■* , 1 r.> 257/8 31% 31 % 89% 22 91%'' 22% 89% 21% 90% 22 63% 63% 65% 63 64% 31 87Vb 140% 131% 25% *3i 138 % 26 32 122% 131 25 VB 8,800 25% 25 317/b 30% 30% 900 90 88% 90% 19,300 22 22 21% 22 61% 63 Va 61 VB 62% 25 Vb *31 :"89 - 3,000 104.000 Ex-rights, z Ex-distribution.' tin bankruptcy or receivership or being reorganized under bank¬ Exchange, yearly ranges since N.Y.S.E. listing only. All preferred issues .are cumulative unless .otherwise maKacea. ^ ♦ \ « Ex-dividend, Stock 25% 21 % 25% 31% 89% 22% 25% 10 Young Spring & Wire Corp 5 Youngstown Sheet & Tube__No par Youngstown Steel Door No par 137 Vb 58% Co 107% Mar 28 138 % 130' 1.25 58% May 14 24% July 10 62% Nov 2 Corp 87% May 14 21% May 14 114% May 17 •Bid On 25 Va May 17 29 Va Jan Xerox y 28 The Commercial and Financial Chronicle (2400) Bond Record from the New York Stock FRIDAY—WEEKLY-YEARLY when the bonds mature. Figures after decimal point represent LOW GOVERNMENT Range Since Jan. 1 Range for Previous NEW Highest Lowest Year 1961 BONDS >")kv Monday ' STOCK Treasury 4%s May Treasury 4s Ask .Bid Thursday '* Bid 104.6 101.16 101.24 101.12 101.22 101.4 101. 12 101.2 101.6 100.30 101.2 100.18 100 22 100 101.8 100.30 101.6 100.18 100. 26 100.20 100.24 100.8 101.14 10i;30 101 101.4 > 100.20 100.28 101 101.8 100.4 1971 1974 100.26 '' 100.20 100.24 100.8 99.19 99.21 100.2 99.26 99.12 99.20 Aug 15 1968 100.1 100.3 May 15 1966 100.20 100.24 99.30 ,v 100 100.16 100.18 100.22 99.22 99.24 99.24 99.14 99.22 99.4 100.1 99.30 .100.16 100.20 100.16 100.20 100.10 100; 14 99.26 99.30 99.26 99.30 99.20 99. 24 95.2 95.10 95 95.8 94.24 92.22 92.2 92. 10 91.16 90.28 91 4. 99.8 99.12 99.2 99. 6 91.4 91.12 90.24 91 90 28 92.28 93.4 92.22 92.30 92.20 92.28 Nov 15 1998 90.18 90.26 91.14 91.22 91.12 .91.20 91.8 99.8 99.12 91.4 91.12 Mar 8 95.16 99.18 99.6 99.10 91.8 91.16 91.6 91.14 1985 90.30 91.6 91 91.8 92.14 , 95 i 91 91.8 91 91.8 Feb 15 1964 98.14 98.26 99.28 90.20 99.30 99.28 99.30 99.27 3s 99.29 Aug 15 1966 98.12 98.16 98.8 98.12 99.27 98.10 98.12 98.10 98.12 Feb 15 1995 87,16 87.24 98.2 87.12 87.20 98 6 87.12 87.20 87.8 87.16 1960-1965 100.23 100.26 100.23 86.26 87. 2 100.26 100.23 100.26 100.26 100.23 100 26 98.6 98 8 3s Dec Treasury 2%s Treasury 2%s 89 100.2 3s Treasury 23/4s 8 99. 26 99.28 95.8 1990 Treasury Treasury Treasury Treasury Treasury Treasury Treasury Mar 99. 16 99.22 95.10 99.30 1980 15 Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury r 99.24 1967 15 Feb 1978-1983 100 100. 12 "99. 12 95.2 15 Nov May 15 104. 18 99.14 Nov 99.14 104.10 99.24- Treasury 3%s 1966 104.22 99.22 99.31 100.20 104.14 99.16 i , 104.14 Treasury 3%s 15 Bonds ($) 104.10 Treasury 3%s Jun Week Ask 101.22 100.24 15 Sales for May 18 Bid 104.2 1971 Nov Friday , " Ask 101.14 Treasury 33/4S Treasury 3%s 3%s 3%s 3%s 3%s . May 17 Ask 101.26 1968 15 point- PRICES V ; month a 104.12 1980 15 SALE of 101.18 1 Nov the case 32nds 104.4 1969 Nov .1 each more HIGH Bid Feb 37/as in or 'Wednesday May16 Ask , Aug 15 Treasury 3%s AND , May 15 . May 15 Treasury 4s Treasury 37/aS____ Treasury 1975-1985 Oct,, 1 Treasury 4s Bid • 15 •.Tuesdayv- May 14 EXCHANGE Highest Lowest YORK one Monday, May 21, 1962 . Exchange The italic letters In the column headed "Interest Period", Indicate , , , 15 Feb Jun 2%s 98.15 1962-1967 15 1965 15 Aug 15 98.17 100.23 99 29 98.10 98.12 98.10 98.12 98.10 98.12 95.24 95.30 95.16 95.22 95.18 95.24 95.16 95.22 1963 99.15 99.17 95.6 99.15 99.17 99.14 99.16 99.14 99.16 99.14 99 16 93.18 93.24 93.16 93.22 93.6 93 12 95 12 2%s Dec 15 1963-1968 93.24 93.30 93.16 93.22 2%s Jun 15 1964-1969 92.22 92.30 92.16 92.22 92.16 92.22 92.14 92.20 2%s Dec 15 1964-1969 92.4 92.2 92.8 91.28 92.2 92 10 91.28 92.2 91.26 92 2 Vis Mar 15 1965-1970 91.30 92.4 91.14 91.24 91 20 91.30 91.22 91.28 91.20 91.26 91.8 91 14 2%s Mar 15 1966-1971 90.30 92.4 90.22 90.28 90.22 90.28 90.20 90.26 2 Vis Jun 15 1967-1972 90.8 90.25 90.27 89.24 90 14 89.30 89.24 89.30 89.22 89.28 1967-1972 89.4 89.30 90.4 89.20 89 10 89.26 89.20 89.26 89.18 89.24 1967-1972 89.2 89.26 89 8 89.26 89.20 89.26 89.18 89.24 89.2 89 8 99.27 99.26 99.27 99.26 99.27 106.16 107.16 2 Vis Sep 2 Vis Dec 15 15 89.20 2%s Jun 15 1959-1962 99.30 2%s Dec 15 1959-1962 99.27 99.28 99.26 99.27 107.24 106.24 107.24 99.31 99.31 99.26. 99.31 99.31 International Bank for Reconstruction & Development 5s 15 1985 106.24 107.24 106.24 107.24 1 1980 104 105 104 105 104 105 104 105 104 1 1973 103.8 104.8 103.8 104.8 103.8 104.8 103.8 104.8 103 104 Jan 1 1977 102.16 103.16 102.16 103.16 102.16 103.16 102.16 103.16 102.16 103.16 Feb 1 1982 102.8 103 102.8 103 102 102.24 102 103 102.16 103 May 4 10 Dec 4 3/4s Nov Nov 4 Vis 103 4 Vis 4 Vis 10 Nov Feb 43/4s 103 106.24 jan 105 1 15 3%S 1978 100 101 100 101 100 101 100 101 100.8 101 1979 100 101 100 101 100 101 100 101 100.8 101 1963 Vis 4s 100.28 101.28 100.28 101.28 100.28 101.28 100.28 101.28 100.24 1968 1 1962 Jan 1 1969 99.24 99 100 May 15 3 Vis Oct 3 Vis 99 100.8 99.24 100 ■ 100.8 99 100 98.8 97.8 97.8 98.8 97.8 99.24 99 100.8 99.24 100 100.8 98.8 97.8 99.16 100 98.8 ■ 100.8 96.24 97.24 96.34 3 Vis tSale prices 84;: Dec 8 double dagger. a All New York Stock Exchange New York City Unification 96 97 96 97 96 97 96 94 93 94 93 94 93 94 93 Oct 1 1981 87.8 88.8 87.8 88.8 87.8 88.8 87.8 88.8 87.8 juiy 15 1972 91 92 91 92 91 92 91 92 91 Mar 1976 87.16 88.16 87.16 88.16 87.16 88.16 87.16 88.16 87 Period other figures are Last or Sale Price -June-Dec 1980 96 A 94 88.8 92 • 88 v bid.anp asked quotations. Friday Bonds High Range Since Sold Bid & Asked 96 i7e 1 ' (Range for Week Ended May 18) Friday's Low i--*-.,- Jan. 1 No. 9618 BONDS Interest Sale Price or Brazil Range Since Sold Low 99 29 Bonds Friday's Bid & Asked High 92 Week's Range Last Period New York Stock Exchange Lew Issue— Stock Corporate 3% 97 93 Week's Range Friday Interest BONDS Transit 96 1975 3s indicated with are 1971 3s 8 15 May 15 3 %s Dec Oct 3%s 84 101.8 99 No. High V'i § «7s Central Ry 1952 June-Deo bonds funding 5% of Caldas June-Dec Telephone REctor 2-2300 120 New York Stock Exchange • Teletype Broadway, New York NY 1-1693 • • FOREIGN GOVERNMENTS CORPORATE Akershus (Kingdom Amsterdam SeAntioquia of AND Norway) 4s §»7s 3rd series Mar-Sept 1945__Jan-July B 1945 Jan-VuZp C 1946__Jan-July D 1945__Jan-JuZp 1957 s Jan-July ; 1972 ; 5%s April 1980 5%s Oct 1980 5%s 1981 5 Vis 1982 5 Vis extl loan 5 Vis extl loan Berlin (City §•6Vis of) loan s f external debentures 6Vis s 6Vis s 114 94% 94% 20 91 96% 98 % 42 96 99% 99% 99 ■ 5 93% 101% 101 13 99% 105 99% 100 31 103% 99% 100 99 % 100 101% 101% 102 102% 102% 90 96% 102% 11 99% 104% 10 95% 102 7/8 7 95% 101 % 34 98% 104% 51 7 — 100% 104% 97% 103% 89% 91% Feb-Auo *101 lit-. 96 *90 External 39 4 100 102 101 % 101 % 5 100% 98% 100 % 15 98 % 97 1950 *42 47 98% 248 97 104% s 6Vis *92 85 89 April-Oct *85 81 85 Chilean • Chinese assented Cuba *90 *41 40% 43% 41% — 1 1 1 —— 1 1 1 . 40% Jane-Dec 41 1 ico o *90 *41 —— *41 ApriZ-Oct ApriZ-Oct *90 1 *90 .Map-Nov Mar-Sepf' *90 Mar-Sepf *41 1960 June-Dec 5s 1951 6%s 1950 De ~ *41 1960 7s "2 % 1 —- *41 1962—, .Map-Nov • 92% — 42 92% — 92% 42 —— 5% 92% 42 ■. 42 2% -- 3% Mar-Sepf 1970 96 96 "I 93 96 77% 76% 76% 2 73% 53 53 53 1 53 65 France— June-Dec (Republic of) 4%s external 1977 (Dept of) 3s 1978— (State) — Cudinamarca • .June-Dec _Jan-July 105% 105 52 102 30 30 105% 30% 39 54 54 106% * 26 37 2 47% 56 5 — Stamped assented (interest reduced to 6%) extended to 1960 April-Ocf Denmark El (Kingdom Salvador extl s Jan-juiy 80 —' I *76% 80 — 77 s f 73 • Estonia (Republic 99 95 dollar 1957 conv Prussian bonds bonds bonds April-Oct April-Ocf 79 79 76 79 *79 80 76 79 7s s Greek • 7s • 6s 1967 36 f mtge 13 98% 40 105 82 *79 80 64 80 Jan-July Jan-July 73% 80 97% — 97% Map-Nov 1969 $ loan of & 1953 due *4 April-Ocf April-Ocf 106 5 *93 Map-Nov ™ 106 106 — -- 4 5 91% 103 5 91% 109% 90 % 90 Vb 3 83% 99% 90 % 99% 1 98 3°a 99% 93% 99% *99 April-Ocf 90% — 1930— 1980 Iron 108% 108% June-Dec 1972 1945 1963—Jan-July 1953 loans— 1972 bonds Hope Steel *79 Jan-July Jan-July 1953 1972 Conversion dollar 101% 102% 1936— dollar bonds 3s Good 7s 6%s fund issue & dollar 5s 95% (Interest 1970 1976 fund 1973 (Fed Rep of)—Extl loan of 1924 dollar 4s *95% 1 1 sinking 3s 1957—April-Ocf of) Main on 102% — $ bonds Jan f dollar bonds Jan International June-Dec _Feb-Aug 1974 Energy Supply Schwaben— 5%s debt adjustment 1973 80 70 5%s of) (Republic of) 3%s external June-Dec 37. 6s 5%s gtd extl loan 1979 5%s (interest see page 1961 (Hukuang Ry) Credit Froncier German Jan-Julv Stamped pursuant to Plan A (interest reduced to 3.375%) 1979 —April-Ocf footnotes, 40% ' P .. *41 Mar-Sepf • Colombia (Rep of) 6s of 1928 Oct 1961. April-Ocf • 6s of 1927 Jan 1961 -Jan-July 3s extl sinking fund dollar bonds 1970-. ApriZ-Oct Costa Rica (Republic of) 3s 1972 April-Ocf 3s reduced to 3.375%) 1979 •External s f 6Vis of 1927 due fund Municipal 10-year bonds of due ' . *90 June-Dec 6s 1962 §• Cologne (City of) 4%s debt adjustment Feb-Aua Stamped pursuant to Plan A For 7s • 47%s ~ June-Dec 1926 —— ■ *90 June-Dec 1961 sinking Consol §• Frankfurt April-Oct 1978 of — 1961 assented • 3s Co— 3.5%) f *41 *41 June-Dec 1957 sinking fund assented 6s • 98% April-Oct April-Oct 1955 to bonds 3s 1993 $ assented 6%s 6s June-Dec 4%s debentures series A 1978 4Vis debentures series B 1978 I •Brazil (U S. of) external 8s 1941 reduced fund 92% 1 ^ 14i— *90 Map-Nov 1963 42 92% — — Map-Nov 1963 6s 421/4 42 ' *41 April-Ocf fund 92 % 42 104 f debentures 1951 f debentures 1959 External sink Guaranteed Berlin Power & Light Co Inc— Debt adjustment— • external 92% — April-Ocf 1962 6s 1962 sinking External Guaranteed 50 100% 100% 1958 A 1960 6s sinking fund assented 6s • 101 April-Oct 1964_June-Dec 1976 Stamped pursuant to Plan 41% — — Czechoslovakia June-Dec 4s 41% Feb-Aug • 6s assented Feb 1961 Feb-Aug Ry external sinking fund 6s Jan 1961—Jan-July • 6s assented Jan 1961 Jan-July External sinking fund 6s Sept 1961 Mar-Sepf • 6s assented Sept 1961 Mar-Sepf 99% Mar-Sept loan 55 55 *90 External sinking fund 6s Feb 1961 • 98% 102% 49% 1960 Chile Mortgage Bank 6%s • 6%s assented 1957 99% 101% 85 — *53% *41 • 93 101 82 Vb — 92% 101% 23 — 16 103 85 i • 20 ,,..100 84% 85 114 98 June-Dec 4%s debt adj ser A 1970 4Vis debt adj ser B 1978 6s ~1 95 % 100 86% *90 Extl — April-Oct extl loan Berlin City Electric 114 94% 101 55 82% — _Feb-Auo - 1972 6s 106 97% 99% 47% 45 *41 • 6s 56% 1980__Jan-July 1977— of) 101 % 48% Jan-July Van-July (Free State) 6Vis 1945 47/bs debs adj (series 8) 1965 Belgian Congo 5%s extl loan 1973— (Kingdom 29 9 April-Oct S•Bavaria • *96% ~4 85% May-Now 91% 56% Mar-Sept ,_May-JVou Mar-Sept April-Oct ; , 5 Vis 1979 external *96% 91% 55% Map-Nov (Rep) 5%s extl si $ 1973 Austrian Governments 4Vis assented 5 Vis *96% June-Dec 4%s 1973 Austria Belgium 114 June-Dec • 1978 96 Ve i June-Dec 1969 5s 104% 105% * 56% 91% • June-Dec 1966__ 4%s 1971 5s 105 ' 3%s 1967— 3'/as 33/4s 91% Apr-Ocf f $ bonds 1978 (Commonwealth of)— 20-year 20-year 15-year 15-year 15-year 15-year 20-year 20-year 20-year 20-year 20-year 20-year 1968__Mar-Sept 77 53% 85% ApriZ-Oct assented 6s • (City of) 5%s 1973 (Dept) collateral 7s A 30-year 3s • 76 53% April-Oct ISSUES \§ •External sinking fund 7s ser § •External sinking fund 7s ser § •External sinking fund 7s ser Australia FOREIGN 95% 1 *76 April-Oct 1942 sinking fund External • Members assented 95 3 Mar-Sept 2%s 1975 Mar-Sepf Cauca Val (Dept of) 30-yr 3s s f bonds '78_Jan-JuZp §• Chile (Republic) external s f 7s 1942__May-No» §®7s 95% 1978—Jan-July 25-year • 95% 95% due 1951 (interest 1931 (Dept of) 30-yr s f bonds (Dominion of) 2%s 1974 Canada — (interest Stamped pursuant to Plan A reduced to 3.375% ) 1979 Wertheim & Co, ; High —r :: Stamped pursuant to Plan A reduced to 3.5%) 1978 Foreign Securities Jan. 1 Low (continued)— June-Dec 94% 7 94% 1 91% 96 ,94% 104 109% Works— April-Oct Government— part paid 1964 part paid 1968 May-Noo 29% 28 30 14 27% 31 Feb-Aup 28% 27% 29 96 24 29% Number 6161 195 Volume . . . The Commercial and Financial Chronicle NEW YORK STOCK EXCHANGE Friday BONDS Period New York Stock Exchange Lus,l Sale Price or Friday's Bid & Asked Low Conv & of) 6s 1946 4'As 1966 (State (•Hamburg funding High , Low — ._April-Oct II '*100% 98% Uruguay (Republic of)— 3%s-4s-4%s (dollar bonds 100 External 93% • Steel —Feb-Aug secured secured 5%s Ilseder : (11th Corp 99% »April-Ocf 8 100% 105% 62 97 % 100% 98% 99% .100%. 101 ——' '' .. 12 99% A;" « America Sud - Italian 30-year 7s gtd series ext 102% 6Vis extl due 5 Vis 5 Vis extl due t#Kreuger of loan Medellin extended 1975 to 6Vis 12 81 81% fund sink 39 90'A 90'A 2 88% 91 95 95 '/4 12 92% 97% 96% 44 33% 99% 80% (Govt) 53As year 5 Vis 95 95% 95 % 1959 External Mar-Sept June-Dec Apr-Oct 1970 ~7 102% 1023/8 *241/8 ■ 102 4'As 4s f extl s sinking 6'As loan Great 1965 new ApriZ-Oct April-Oct Feb-Aug April-Oct 1965 — 1963 loan 1973 loan 1976 § •Nuremberg loan (City of) 101 21 13/8 Vis • 5 5Vis Oslo extl due s%s extended 5Vis of) (•Pernambuco ' extl loan • 3s 1st 6s §• Stabilization 7s 55 50 — 45 53% Airlines Can 45 1 50 assented 32 to H00 1 99% 100'A 99% 1 99 100% 14 97 102% 23/4s debentures 96 103 2%s debentures 2%s debentures 1986 23/4s debentures 1982 27As debentures 1987 3%s debentures 1973 8s 1952... Consol. mortgage 6s 1953_- Rhodesia and 997/e 100 *983/4 I •Rio 6s —— 100% 5%s of) — 98% — 218 ' m.. 26 218 208% . *99 ■ 6Vis secured 99 100'A 100'A 102 102 208'A Grande Sul do external (•8s (State loan 102% 8 99 103% 5 98 98 £0% 102 3/4 96'A 98" 98 ,V of to 2%) 56 *85 (•Sao of) J debentures reduced extl to to - Croats : •; — II Apco 85 87 Armco ~8% 9% ■ • 87 • 7s series B 8% Oil • 6 'As 6'As due Siemens • 1st 9% 13 8% — 10 ; 65 51% 59 .. '51'A ' Silesia • (Prov 4'As Bouth Halske 4'As .' & assented Africa (interest 547;' 727/8 79% 77 78% 76 7 78% 5'As external loan Southern European Southern Italy subord Taiwan • Tokyo • Tokyo (6s 1971 (City 56% — *69 74 70 Electric 1st 1953 mtge — Atchison Topeka & General 4s 1995 1962 71 t June-Dec *62 62 68/ *60 ' 60 168% ~ - - - 68 62 168% extended For to *71% 80 43As 4'As Coast Line RR 97 252 105 121% 133 81% 81% 30 77% 85 86% 436 "81% 76% ' 60 71% 77 79% 79% 80% 10 76% 80% — 78% 79% 75 80 93% 94Va ....7- 89% 95 87. 91 • — 94 .25 84 V " 90'A 89% ,90% 86 851/4/86 93% 93% £• .*17 86'A 86% 54 81% 94'A 94 89% 94'A 101% 102'A 309 991/8 102'A 107'/a 107 361 105 % 107% 322 300% 325 312 300% 382 96% 31 94% 96% 89 % 90 % 89% 8 101% 96'A "mm • — ' 961/4 • T —— — — 102'A 107% *90 89% • . *59 88 59% 63% 99% 100 96% 7 101'A 101% 2 98% 102'A 102% 7 101'A 90% 89% 121 89% 592 104% 1,143 99 n 90% 108 104% 1091/4 1013'2 100 A 101 % 90 62 101% 102 103% 106 *105% . 96 120 101% 102'A 10 97% 105% 106 11 104% 106% 103% 102% 102'A 106'/a 90% 97% *106% 108 106% 106'/a — Canteen conv ; of America— 1981 Jan-July subord debs 95 *89 *98% ■■ 52 97% 88% 92 debs subord conv Feb-Aup 1979 97 .*__, __ 99% 92 98'A 102 102 14 93 __ 101 93 3 92 93 95% 101 1980 A Co 95% 95% 2 95% 95% *791/2 __ 94 6 96'A 96 96% 89'A 891/4 5 87% 109'A lll'A 413 107% h h co £ 103 285 101 121 211% 989 187 251 110% 101 101 Manufacturing Corp— — & RR— Ohio 71 80 m 37/aS ser A 1970 ser B 1980 1st cons mtge 4%s ser C 1995 4'As convertible income Feb 1 4'As conv debs series A 2010 1st cons 204 187 99 mtge 4s Baltimore 1st Gas ref & M & Electric 3s series Baxter conv Jan-July Mar-Sept Jan-July s Laboratories conv Beneficial Finance Apr-Oct 1982 May-ZVop 5s debs 1977 *97 98% 98% 24% 24% 4 21% 24% 24% 24% 241/4 5 20% 24% 4%s 1981 debentures 81 62 69% 51 61% 69 67% 69 59% 591/a 60 *78% , •' 67% 77 60 57% 62% 75 76 '' mmm-i 77% — — 92 58 139 ' *92% — 106% a 139 96 147 80 92% 155 102% 110 — 102 105% 104 5 101% 104 102% 108 105% •105 104 677/a 52 .. ♦79% ■ June-Deo " 24% 74 51 Inc— debs subord May ——Jan-July June-Dec 1989 f 4s 1993 debentures 1974 mtge 60 63% 62% 75 63 Co— Z f 3'As 1990 ref mtge s ref 2010 76 62% 61% ^ Feb-Aup Mar-Sept April-Oct mtge cons 4s Bethlehem Steel Corp— mortgage 23As series I 1970 Consol 23As series J 1976 Consol mortgage 3s series K 1979 3'As conv debentures 1980 993/4 June-Dec II *9 8% 99% 10 8% 5'As 5'As 11 8% June-Dec 97'A 97% 97% 2 94% 95 'A 951/a 95% 19 95% 95% 1982 Mar-Sept 1974 May-Nov 10 351 — 101'A 97'A 4 93% 96% 45 100% 102'A 101 34 99% 102% 102 Ltd— Co Jan-July to 1981 Jan-July 99% *993/4100% 1961 100 Co April-Oct to April-Oct» 1971 100 r 100 ' ~2 98% 101 Ltd— 1953 June-Dec 1963 footnotes, June-Dec see page 37. Boeing Airplane Co 4%s conv 1980 Borden (The) Co 2%s debs 1981 4%s s f debentures 1991 Boston 221% 100% 100% 100% 75 221% 100% 101% & Jan-July May-JVop Jan-July May-Nov —Jan-July 88% 91 91 17 84 84 9 82% 84 85% 85'/a 8 85% 86% 110% 500 104 139'A 105% 110% 709 105% 127 90% 109 3A 110% 104 *81% Mar-Sept 80'/a — 99% *102 June-Dec Maine RR— 1967 4%s series A July 1st mortgage 6s series SS 1965 Bristol-Myers Co 3s debentures 1968«. Brooklyn Union Gas gen mtge 27/8s 1st mortgage 3s 1980 1st mortgage 4'/as 1983 1st mortgage 5%s 1986 First mortgage Inc 5s series AC mortgage • Brown 100 mortgage 81% 102 9% 100 94 100% 101% June-Dec new 99% " ■ Jan-July 1968 1 ~1 993/4 Mar-Sept 1965 '27 800 116 75% ^ May-ZVop —Mar-Sept Jan-July Gen mortgage 3%s ser D 1980— Mar-Sept Atlantic Refining 2%s debentures 1966—Jan-July 3'As debentures 1979 Jan-July 4'As conv subord debs 1987_ Feb-Aup 4'As / June-Dec series Aprll-Oct — 33As 1963—May-ZVou A 1964 June-Dec mortgage 4s ser 1st June-Dec 1951 1968 extended $ 102% Santa Fe— mortgage 4%s ser C 1972 1st 65% ~ May-Nov 1962 f 1971 Light 1962 debs 1977 1979 debentures Baltimore *65% May-Nov 4'As Fund of 661% 101 May-Nov 1958 extended loan 1961 69% 60% 75% 101 — -- (interest 7s Dec s 63'A 165 59 of) — extl due to Jan Power (40-year) due 5'As 5'As 6s Electric 5'As 5'As May -Nov Mar-Sept Mar-Sept Feb-Aup June-Dec Feb-Aup —-Feb-Aup 1983 3%s 1977 debs debentures 5s >59 June-Dec 6'As Pipeline Dev debs 1976 debentures Avco 1957—May-Nov 1952 of) loan 1984 4'As Automatic May-Nop fund 1958 (Union external inc sub deb subord Investment Gen 77 76 64% 68 81 '/a 85 Quar-Jan Apr-Oct ApriZ-Oct June-Dec 1995 Gen June-Dec 2004 2001 external 5'As 1977 1984 5s Co conv Associates Atlantic 74% 63% 81% 1969—April-Oct Feb-Aug April-Oct debs Stamped 4s July 1 1995 -Atlanta & Charl Air Line Ry *73% .65% (Kingdom)— Corp of) 127'A 70 .' 5I 'A 1 May-ZVop 1962— extended 1952 & f debentures 3%s Corp 5'As May-Nov sinking s 104% 63% May-Nou debentures f s Armour ,10 Power Co Ltd— mtge 313 65% Mar-Sept 5%s 1981 4.35s debs 1986 Corp Steel Consol § 104% 108 9 % 9 % —-f ApriZ-Oct secured external Bhinyetsu Electric 104'/a Feb.-Aug :■ 1973 " June-Dec 1952. external secured 102 107 Mar-Sept J an-July April-Oct — gold 4s July first Arbor 4'As (interest 2.25%) Slovenes & 8s • — 1977 Inc 5%s April-Oct 1968 1966 Stamped pursuant to Plan A reduced to 2%) 2012 Berbs ———-. debentures debentures Anheuser-Busch Ann • -June-Dec 2.375%) secured 2 April-Oct (interest Stamped pursuant to Plan A 6'As • 93'/a 104'/8 104'/a (interest 2012 8s 92% 104% Feb-Aup April-Oct Jan-July April-Oct June-Deo —June-Deo 1963 convertible 85 91 'A *9 May-Nov April-Oct 6'As 1952 (City) 102'A 90 Telephone & Telegraph Co— 4%s 86% May-Nov Feb-Aup to (City Paulo 101 98% 20 97 1985 1st (•Rome 97 98 2 20 91 91% 110 debentures 86% May-Nov 1946 1921 loan-of 1926 due reduced 97 99% 99% 101% 102 114 "" 3'As 55 Mar-Sept 2.25%) 2004 7s 1967 stamped-pursuant to Plan A (interest ..,93% 96 102 American Tobacco Co 3s ' Feb-Aup Stamped pursuant to Plan A reduced 101'/a 69 r Apr-Oct 5s . (interest 2.5%) 1999 sinking fund gold external 87'A 98'A of)— Stamped pursuant to Plan A reduced 84% Mar-Sept 4%s A to infernal 6s 98% 5 50 1981 debs debentures 1984 37As debentures 1990 * TOO %' Feb-Aug Stamped pursuant to Plan A reduced 100 53 subord debs 1980 subord 3'As 2 9% 1953 115 Co— 7- "2%s debentures T971 ^ 100 " ^ ' *8% ! 94% 90% 104'A 93% •*' 100% TOIr ' 9'A 1973— Stamped pursuant to Plan A reduced to 2%) 2012 7s 100% 100% 13'A Janeiro de § •External • y, 15/ ; 62% 71 386 87% 93% ' ' *9% — 1955 103 57 15 Optical Co— conv American '■ -t- *10% (City of) 8s 1946—; Stamped pursuant to Plan A (interest - * reduced to 2.375%) 2001 April-Oct • 98% __ •*8 'A — . 113 *92% -Jan-June 1987 & Foundry Machine conv 4.40s Nyasaiand— (Federation Rio — 99 % debentures junior American . mortgage 1 993/4 <99'A 99 hi (Interest- reduced to 2.375% ) 2001— Jan-July 1966 stamped pursuant to Plan A' • (Interest reduced to 2.25%) 2006_ —Jan-July - 993/4 Jan-July Rhine-Westphalia Electric Power Gorp— Direct mortgagees T950___— 104 '/a 99 101 99% 100 99% 1980— conv 101 10 60 163 100% 101% 96 _April-Oct .Jan-July 1988 131 101% 87% _May-Nov 80% 96 % 10 104 991/4 _June-Deo 1975 4.80s American 99% 1947_April-Oct Plan to 135 103% 101 ._ApriZ-Oct 1980 12 98 • 9 - debs 94% 96'/a 100 _Jan-July 1966 91'A 1001/4 9911 997/s 97 *83/8 ' 104 .May -Nov -Mar-Sept American & Foreign Power debs 5s 2030-. 105% y. - 90% 21 *103 101 April- Oct 4%s Distilling 104% *85 1950 131 -June-Deo 1990 American - ,-7'As mortgage debentures 5%s Alegre (City of)— V8s .1961 .stamped pursuant Consol 3%s 98% —April-Oct 1963 Porto Direct Co 100% ' 7s 8s 90 94% 80% Feb-Aug 1964 debentures 3s 37 Jan-July fund 3'As 1980 f debentures s American 26 ApriZ-Oct gold 92 94% -June-Deo America of 1011/21013/4 ApriZ-Oct sink Co 101% 102 % *85 1968 sinking fund 1980 debs sinking 101'A June-Dec 1940.1 6s *96% 1981 debentures 102 1961—April-Oct series gold _April-Oct Apr-Oct sinking fund debentures 4%s 43/4S 45 1959—Mar-Sept 1960 "90% subord conv American Mar-S?pt 1958—: loan •4Vis assented 4'As (interest series f 6s 2nd s assented 100% COMPANIES 1984 1979 fund debentures 1982 37As sinking fund debentures 1983 168% Mar-Sept (Republic of) 4'/is g •External • 1947 7s 2008 external f s loan, extl Nat §• Poland —June-Dec 5s f s 4'As Apr-Oct of) INDUSTRIAL RR 3'As 1967. -May-No*? mtge 3'As 1972— ._Jan-July _Mar-Sept 1st Aluminum Co of Canada Ltd 37As 1970 *531/8 June-Dec ._ 1977——— of) Inc Aluminum 55 168% — May-JVoy 1968 1973 2.125%) (Republic Nat • to AND __ 1% 48% __ May -Nov 1975 loan (State reduced • Mar-Sept pursuant to Plan A Siainped • Peru extl loan extl f s to 99% 99% Allegheny Power System—See old name of West Penn Electric Co 62 62 Allegheny & Western 1st gtd 4s 1998— April-Oct Allied Chemical & Dye 3'As debs 1978— April-Oct 93% 94% Allied Stores Corp 4%s —Apr-Oct 108% 105% 108'A 1981 V — *55% Mar-Sept 1958 (30-year) f external s 5Vis loan 1958 (City 6s extended to. 1963 1953 99% Allegheny Ludlum Steel 4s conv debs 1981 -April-Oct June-Dec ■ 43/4s s f debentures 1986 24 Va — Feb-Aup 1952 Oriental Development Co Ltd— (•6s extl loan (30-year; 1953 6s due 9% 8 __ fund 5s 1970—June-Dec external : 10'/4 9% June-Dec Albany & Susquehanna RR 4'As 1975 207 96 _— 26 *l'/a May-Nov Municipal Bank extl sink 5Vis 9% 13 *8 Southern Co mortgage 3'As 4%s 4'As external fund f exll s *9% June-Dec 1971—. to Power 1st 104 207 *100% 100'A AprfZ-Oct old fund extended 1961 Alabama of)— sinking 93% , Jan-July 6s Alabama (interest 1976 (Kingdom Norway due 5%s 1023/a Mar-Sept Mar-Sept dollar bonds 1976 gtd 91 93% *91 -V ~ ...— , Nippon Tel & Tel Public Corp— 6s 98 82 (interest Stamped pursuant to Plan A reduced to 2.125%) 2008 Zealand 91 87 87 89 *88% Feb-Aug RAILROAD 82'A \ Mar-Sept 1958 6Vis to 2.125%) 2008 extl sink fund 6Vis •Secured Feb-Aug 1958 82 83 94 83% 91 *90 < Jan-July \ 173 81% Jan-July April-Oct Stamped pursuant to Plan A reduced Yokohama 6s i (State)— extl Secured 83% * II '■ 82 173 — June-Dec 1954 1952 of) -6Vis High 85% \ Feb-Aug May-Nov May-Nov f $ bonds 1978 s (City Geraes 15 82 101 Feb-Aug 1965 '30 of , 1964 to 1978 1984 series A 1953 (City of) 6s of '26 1961 mortgage Aldens 1954 '24 (Colombia) 30-year 3s New 81% 82 (State Mtge Bank) 7s 1957—April-Oct Toll 5s uniform cod 1959—Mar-Sept Co 7s 1952_ June-Dec & 81 Electric §• Milan • Jan-July Mar-Sept 1976 6s extended 1965 (• Jugoslavia Lombard Minas Bank loan 1954 94% 59 Jan-July (Imperial Government)— Japanese 6Vis Jan-July 1974 f s Development Japan .V (Kingdom of) 7s 1951—1——-—June-Dec (Government of) 5%s 1974 Mar-Sept extl 12 85 ' Low . 1952,. B 99'A 82% - readj readjustment assented. Jan. 1 No. Westphalia United Elec Power Corp-r- ■ • 98 •82% Mar-Sept -— §•4'As Range Since Sold ' . Jan-July 1977 3s f s Works Public 99'A Jan-July 1977—x 4s for Utility Institute— gtd ext s f 3s 1977 5 Vis Japan • f s 1947— B* §«7s series (•Italy Jamaica • 1977*— debs ext Public 30-year • Vis 7 83% May-Nov June-Dec . lst f - ,'*» Feb-Aug -r , Consortium Credit Italian Tel— & (Republic) Italian ' Tel external external Bonds High — > International May-Nov 1979 1979 Valle Del Cauca See Cauca Valley (Dept of) (•Warsaw (City) external 7s 1958 Feb-Aug - , 1948— 6s conversion 4s-4%s-4'As (7th-series) 1975——-series) 1978 —(13th- series) • 1980__u—-——— 5Vis 5s readjustment External 3%s - . Friday's 1937) — of 37As-4%s-4-fos ext conversion 1978 93% High Authority of the European Coal and Steel Community— 102'A 102'A or Bid & Asked Low .. —Jan-July .April-Oct —Jan-July Week's Range Last Sale Price High __jan-July 1949_ adjustment 1970 Period New York Stock Exchange Jan. 1 No. Interest BONDS Range Since Sold 29 (Range for Week Ended May 18) Friday Bonds ._April-Oct Harpen Mining Corp— General mortgage 6s AViS debentures BOND RECORD Week's Range •' Interest * (2401) Shoe Co 3%s debs 1971 Mar-Sept 1970_May-Zyop __Jan-Juiy 43% 16 31 15 18% 44% 48 38 92% 2 92% April-Oct 1976_Jan-July Jan-July May-Nov June-Dec 4'As conv sub debs 1981—Jan-July Buffalo Niagara Elec first mtge 23As 1975_May-Nov Burroughs Corp 4'As conv 1981 June-Dec • Bush Terminal Bldgs 5s Income 1982 Jan-July Brunswick 35% 15 41% ♦37 16 ♦85 % 40% 92% 80 % 85 % — 78 93% *95% 100% 105 •105 94'A 107% Corp 94'A 90 1 105 '/a 109 85 6 105 % 406 85 1237/a 120% 125% ♦96 50 90% 99 374 • 81% 117% 94% 78 95 % 105 V 94'A 142 85 147% 98 The Commercial and Financial Chronicle NEW YORK STOCK EXCHANGE Friday Last Period Exchange Sale Price or Canada Electric 4% consol Southern Canadian first Power gtd consol debentures Clinchfield 1) 5%s Co 3'As debs subord conv Celanese of First 1981 1983 1977 Georgia • Gen re tgaje 4Vis series A Jan 1 Gen mortgage 4Vis series B Jan 1 2020 Light Co— debentures 1974 RR Central New Central of N York 3%s J 1987 3s Power de Pasco Corp 5V2s conv Chadbourne Gotham 5.90s debs 1979 Champion 3%s 1971 ww April-Oct 1974 ww April-Ocf, Relund and impt M 3Vis series E Refund and impt M 3%s series R div A Second first consol consolidated Chicago Burlington & 1st & ref 1st & ref mtge General 1990 4%s 111 inc General inc mtg.e • mortgage 2nd & 4s April Map-Nov *39 Fiist 85 83 4 90 11 83 Copperweld 5s 90 A Corn 94 61% 63% 63 series Jan 1983 Jan 2003 Pacific A 77 79 % *72 Vb • 73'A 70% 74 61 67% 61 . April April 10 61 *35 27 27 38 3/8 I inc 4%s >1 4%s mortgage 3s series B Jan 1 1999 23 3 1989 series 753/a 753/a 59Vi 59% 61 71 76 59 61% 55 56% 143 54Vi 54% 543/4 241 *52'A, 55% Deere M lUUl 54 % iit\ & Pacific mtge 2%s series A 1980 income debs 1995 1st RR— Co 3'As 1st mtge 5 Vis C ser 1983 , First mortgage 3Vis mortgage First 2%s Chicago & West Ind Chock Full conv 4Vis O' series RR subord Nuts F series G 4%s 1982_. 3'As Ry mortgage 2%s Jan-July May-Nov __ 3%s series E 1969 Feb-Aug mortgage 2%s series G 1974 Feb-Aug T Financial Corp 3%s debs 1970-_^__Mar-Sepf 4 %s debentures 1971 f s debs 1977 5s subord ."Cleveland debs Cincinnati General gold General 5s 1982 Chicago & St Louis 1993 4s series B 107% 105 no. 109%'111% 86 109% 119 31 92 Va 64'/a 80 Ry— St Cleveland First 1st Wab Mich mortgage 3s 2%s 1st mortgage mtge 3%s 1st 4s trust 4s Illuminating V; 3s 1991_Jan-JuZy 1990-May-ZVou 1970 97'A 101 % 105 „■ 1 *65% *75 3%s 4%s 1977 3%s debentures series C 3%s 3%s debentures series D 1963 & Div" Western South 1st mortgage 3%s conv subord 1 April-Ocf April-Ocf 1970—May-Sepf Apr-Oct June-Dec York— mtge 2%s ser A First and refund mtge 2%s ser B First and refund 1977_ApriZ-Oct mtge 2%s ser C 107y2 1st ref M 3%s series G 1981 M 3%s series H 1982 ref <fc ret Iei 8c ref 1st 8c ref 1st 8c ret M 4%s 1st & ref M 5s For M 3%s series I series series 1984 _ 1985——, 1986 M N footnotes, 1983- J M 3%s series K M 3%s series L 1986 1987 see 15 93 95% series Mackinac gold Diamond 4s 4s K O 106 (Chemical 4s Dresser Industries Inc 4s " 107 % 104% 105% J97 % — mortgage 1st mortgage 8rf% 93 - v. • ** 93 95% 103% 109 ' ' II *86% Eastern Gas Eastern 5s 107 % ■ 106 Va '97 95 90% 100 214 99% 98 87 86% 86% ' page 37. May-ZVou Jan-July Feb-Aug May-Nov Mar-Sept Feb-Aup Jan-July April-Ocf April-Ocf 25 81% 8 83 * II 81% & 5s consdl Federal __ 84% __ __ 82% 88"% % 88% 1st 89% 90% 15 86 % 90% 2nd 84 % 84% 1 80% 85 % 79 82% 5 85 84% 84% 30 86% 86% 5 *87% 88% 80 l/a 84% division __ 101% conv ' 1 Flintkote Co '4 'As Florida __ ' Food 5s i first 5s ser 1 Jan . , 833A 84 86 Va 80vb' 93, 29 r5 . 89 •; ,'i 81 93 80% . • 76 79 89 '. 88% 76'A 76 187 89 % *11 190% 184 193'A 77'A 87% 873A 80% 833A 873A 71 Va 71'/a 91 '/a 94Va — *70 :__ *94Va — 75% 763A 96 % 77 1965: G 96 98 r -96% 9 124% 253 '96% 43 83 3A 83 3A 98 84 6 *74'A ' 75% 84%- 94% 118 ; II 96 /-—; *11 90 *89% — *77% " ' 98 171 r 106 79 84 77 77% — *88 ' 89 ' 90Va 89 853A 89% :'90% 85 3A ' __ 1 *98 '' ".W-J f ' *963/4 __, 101% " *107 *89% •lOi'/a 106 ■ 973/a 100% 110 106% __ 106% .85% — 102'A 99% / 89'A 100'A — __ 90 Va 99 105 %• 96% __ 100% 103% *102% 90 96'/a 103 *102 Va 1053/a ApriZ-Oct 2000—Jan-July ^April-Oct 2020 5s 163/4 16 . 1976 1977 conv 99% Foremost Dairies Worth Fort 8c ~1 8 4'A 88 Va 4 83% 87% 86 Va 87 Va 97% 102 Va General Electric 103 % 106 Va General Foods General 4%s Inc Denver 4'As American conv ,1 debs 4'As Co 1980 72 36% 14 Va 103% 19% 70 104'/a 100 *86% 105 108 893A II 89% 124 103% 86'/a . 4 • 5 101 Vb 1013a 87 Va 88'A 90 101 106 ... Jan-July Jan-July AprfZ-Oct 72 36 72 39 Va 102'/a 105% April-Ocf 119% 1976_i 109 Va • 79 119 119% 1193/4 *90% 66 .; 30 75% 45 % 102% 90 94'/a »— Jan-July May-Nov' 1982 37 73 35% 105 May-Nov 1980__ debs or 32 68 102 Vb 106 " April-Ocf 123'A 87 - 95'/a 130 135 105% 119'A Texas— subord .debentures 1984 Transport 4s conv debs 1981—May-Nov General Cigar Co 5'As Income debs 1987_June-DeC Corp 37 . Amer Co.3%s . 76 34 3 15 70 100 May-Nov A Ry 4%s conv Oil , 35% 14 Vb *68 20 66 1 108 36% 35% 14 Vb 16 19 173/a 76 36% April-Ocf 2011 Gardner-Denver , 75% 36% 1981— Co— 87 % Gen 134 118 122' Mar-Sepf /! Mar-Sept 1965—Jan-July . debentures Ry 20 31 . ,79% *76% 89 81 M R 8 3/4 79% r April-Oct :_April-Oct — series A 89% 106% Mar-Sept May-ZVou Feb-Aug Mar-Sepf Mar-Sepf May-Nov 85% 91% Jan-July mtge 5:%s conv inc ser A 2011_ Fair Stores 4s: conv debs 1979 87% *106 92% 1973— East.'Coast mtge 84 *87 86% •2 82% *891A - Corp— Board 86 Va 89% 41'/a "" — 85% Mar-Sepf debs subord Paper 87% 100% 101% 1977 Finance 83% 86% -48 — 82% Jan-July April Jan-JuZy Mar-Sept Feb-Aup April-Ocf Feb-Aup Mar-Sepf —. debentures 87% 89% 42'A . AprfZ-Oct ; mortgage 3'/as 87% __ 87% ;.. 1 45 , May-Nov Firestone Tire & Rubber 2%s debs 1972—Jan-July 82%' 2 I ) 36%. - Apr-Oct 88"% __ 89% : ' 77% 3%s 1971__Mar-Sepf 80% 80 % 31% *81 Va first mortgage 79% 76%' 29 85 1976_Mar-Sept 1977 Steel Southwestern 8c income 4%s 75% 17 34 % „ 45 , Feb-Aug Fuel. Associates .3'As subord 3'As debentures 80% 57 22% ... *85 Corp 5s 1981 Fansteel Metallurgical Corp— 86% 73% 18 — Family 73 Va *75% 33 *70'/a 3%s 1982 3%s 1983 Stainless conv Paso • 77 72 V8 52 39% stamped 1965 April-Oct Erie RR Co gen mtge inc 4'As ser A Jan 2015_April First consol mortgage 3'As ser E 1964—April-Ocf First consol mortgage 3'As ser F 1990—Jan-July 88% 76 __ 11 19 *71 Va 1977 5s 114 *73% June-Dec May-Nov *76% 87% -53 '/a 1995-June-Dec B 101 ■ * 105 98 98% }- May-ZVou' " Edison El 111 (N Y) first cons gold 5s 1995_Jan-July Elgin Joliet &c Eastern Ry 3'As 1970 Mar-Sept El 93%' 97 53 *18% . —AprfZ-Oct mortgage 4%s. 1989 s f debentures 2010 100% II *— 5s • . 103% 104 93 1st 105% 104 16 : 4s ser 1st. mortgage 3%s 1984 1st mortgage 3'As 1986 1st mortgage 3%s 1988 30 — 97% • 1, Jan-July ; lien conv 1st 96 Va • 1982__Mar-Sepf 1982___, 90 100 ... June-Dec )978__ debs 85% 102 1993 I 1985—; J debentures debentures f s Dow subord 88% 106 106 104% 22 'jli ' . : Corp 4s debs 1983. 86 Va 68 101 . 98% ... *40'/a .41% j 1980 87 19 100 86% 95 19 96 85% 4 973A -June-Bec 1976_. 1st 1st 99% 100% 86% 97'A June-Dec Ry 85% 31 86'/a. 97% June-Bee u 1970 Light Co 2%s mortgage 2%s 1979 mortgage 2%s 1980 -107% 107% 104% 105 % ;i __Mar-Nov- 1995 Gardner conv ,5s 92 101% "99 105'/a 953/4 Douglas Aircraft Co Inc— 105 % 91% 104' *103 % 1972_June-Dec 1982_Ma.r-Sept First and refund mtge 3s ser D 1972 First and refund mtge 3s ser E 1979 First and refund mtge 3s ser F 1981 3'As.series 4 90 95% June-Dec AprfZ-Oct —April-Oct refund M H 83% 88 II *95% Jan-July Mar-Sept RR— 2%s series 3%s series 3'As 103% .12 105 Va June-Dec 1977 interest) series 84% — *101 Aprfl-Oct and ref ref & Ohio Feb-Aug First & 3s refund 843A 78'/a 103% lOo.'/a 105'/a ^ 1979 Western contingent ref & First 1981— — 1st tr 3'/aS 2%s tr Detroit Tol & fronton RR 2%s 79 87 U/a Second 86% 84% *88% Mar-Sept . & Gen Detroit 81 90% 301 82% II r . Gen 8c ref 2%s series N 1984_ .,4 ___Mar-ZVou mortgage 3s series L 1977 mortgage 3s series N 1978 3s sinking fund debentures 1999—. 2%s s f debentures 1999 2%s s f debentures 2001 let 90 -A; 77 .*105 April-Oct convertible debentures 1969 3%s convertible debentures 1971 77 Va 99% 89% May-ZVou First 1st and 92 85'A __ .,*85% 1985_May-Nov; 1985_May-Nov 3'As 93 76% coll Grande Edisdn ■Gem & 82 82 Va 102% 104% *79% May-Nov 1973__— Gen & ref mtge 2%s series 65% 89 % 4-6s goll tr 3"Vbs 1988__,___ General and 119 79% 86% 100% >80 % *80 May-Nov May series A 4%% 2018 Salt Lake income mortgage (3% fixed < 86 Va; 74% 68 1973 C 1993 Income mortgage Denver•& 102 Vi- 77 Va 88 Mar-Sept Co- New 40 ■ *85 % April-Ocf 1986-—--— of - 87 95% June-Dec First Consolidated Edison : 97 % 82 93 *85% 90 May-Nov debentures 87 April-Ocf 1st mortgage 4%s 1937 ;___ Combustion Engineering Inc— Commonwealth Edison H O O inT- 89% April-Oct 1982 Elec 3%s 1983——. 3%s ■* Jan-JuZy Mar-Sepf 1981 Ohio 3%s 92 __ Feb-Aug ; debs series O 1985 3%s subord conv debs 1964 & /I 101 series FirsL mortgage.series A (3% fixed ' .1%:, contingent interest) ' 1993 » "94% 52% ."59 • «— *77'/a April-Oct 1979 5%s mortgage 20 59 8c Detroit ; M due coll tr 3V2S-1985—' & 1st debentures series I 1982 4%s debentures series J 1983 4%s debentures series K 1983 5%s debentures series N 1984 1st 100'A »81 & > 92% *84% Jan-July Feb-Aup May-Nov _" 1983 Duquesne 5s Columbus 93 Va mtge Denver 8c Rio 86 % r ' June-Bee . 1977 debentures series G debentures series H r 80 74 , June-Dec Mky 1' 2042. Division— V" * coll & 1st mtge r*:, *98% 59 % ' - *77 Jan-July debentures series E' 1980 debentures series F 1981 3%s 104 *80 Vb ApriZ-Oct . Columbia Gas System Inc— 3s debentures series A 1975__ 3s debentures seiies B 1975__ 6V2S *82'A 92% May-Nov Mar-Sept _ 1993-— 1st mtge 4%s 1994 Colorado Fuel & Iron Corp 4%s 73% ♦58 __ *81 . ; 9* 66 *104% ApriZ-Oct extended 6c coll If 3s mtge 1st •' v- June-Ocf 1989— 86 ! 64'A _Feb-Aug Mar-Sept May-ZVou Mar-Sept mtge & coll tr 2%s 1980— .lst.mtge 8c poll tr 3'/as 1984 : 82 93% 31 Mar-Sepf 1985-. 1986 3s 96\ Jan-July 1982 mortgage mtge Div 98 104% 106% June-Bee first coh Electric 1st 1st & Louis Division 82 85 *92% 65" —June-Dec 1st ' Refunding and Impt 4 Vis series E 1977__Jan-July Cincinnati 84'/a- 85 3/4 <104% Division v trust mortgage 1st , 86 96 Va -V 105% ____—June-Dec 1993 127 - 101 Vb V June-Dec — ;' Collateral .1st 99 82 32 35 85% 83% 104% 100 1965 1965— 4s refund Essex 1st mtge , ' 98. 110 • 86% 96Vi Jan-July , 97 *9534 , conv .96% 99% ,-4 I 111% 86% 104 82% 100% 101 1st mtge & coll trust 5s series A l«t mtge & coll'tr 4'As series B Delaware Power & Light"Co— • 99 V2 *97% „ April-Ocf — 3s V 98 V1 110 *86 I Co 36 99% *83% 111 102 V2 2 13 36 1977__ mortgage &r Pennsylvania 57 v May-Nov City Products Corp— / 59 54 Va *98'A First mortgage gtd Service 55% 57'A ♦98'/a First Cities ' - 2%s 1975_AprtZ-Oct 1st mortgage 4%s 1987___ Cincinnati Union Terminal— C 59 98% 9 88% 25 .'—1 debentures debentures and' Income Morris b 98% lua .l'/; York. Lackawanna , •' May-Nov 1931 1st mtge 1978 104 100 *57% Corp.— debs 77% *55'/a Jan-July Jan-July 1963 A Cincinnati Gas & Elec 1st 1963 68 72 ' __ 96% 1023/4 104 1987—___—; Hudson & First • 65 104 104 __ Chicago Terre Haute & Southeastern Ry— First and refunding mtge 2%s-4%s l994_Jan-July Income 2%s-4%s 1994 Jan-July Chicago Union Station— 109 87% , 77% 77 77 Vi 104 103% 95 Va 85> -104% Delaware Lackawanna & Western RR Co— r 69 *66% __ '■ L_-' ii/.'- 103% 103% 82% 82% 104 - 103'/a 101% 101% *88 3/4 87% 100% 101% 1982— 5s 2%s subord Delaware ' Jan-July Mar-Sept Feb-Aug 4%s ;100 '101% __ 102 y2 *96% 103% '• 104% i_; debentures 4'As^ 1 71,'5" 5b ,5b debs 1978 Union &c 3 '/as 63 55 A mortgage Dayton X 10 55% Jan-July 105 Vb 101% 1st mortgage 5'/«s 1990— 77'A *37 6s mortgage, 3s '1984—1 ■ Island 147 102 27 June-Dec _ Rock 125% __ 103 ' - 104'/a 138 *10o 103 105% 83% *104 Ve 105 *103'/a April-Oct 3Vas '66_May-Nov 1986 April-Ocf 1st mtge Co mortgage New Chicago 103 -4 6 1983—April-Ocf debs 1981 debs of Am 1st' ; 30 - 73% 1 75 75% April 86'% *102% 105 101 103% 1043/a May -Nov 1 1979-. subord •■11 - 103% - •" 106 98% 104'/a 130 ' 102% 104 Publishing— 1st 45 Va 35 27 . mtge conv Co Publishing First 75 *103 20 23 87'A 125% 130 ' 5'As s f debs 1980— April-Ocf Dayton Power & Lt first mtge 2%s 1975—April-Ocf 1st' mortgage 3S 1978 Jan-July RR— 1994 104%-105 - - 2 May-Nov debentures . 87 Daystrom' incorporated— 37% 30 79 Curtis 3s A & 29 29 *75 April 1984_ IO33/4, 105% 102% 106 99 - 1013/4 102% Co— subord conv debs 8 86 85 67% • Ry— A ser 63Vi 29 3s 106 106 91% 83% 85 -lu4 * 81% 94'/a 88% 13 * • __ 84 73 . 92%' 85% >86 > 106 May-ZVou April-Ocf April-Ocf 1991 subord Products 4'As 92 54 92% H Co Steel conv ■ 54 63 Va 1988—Jan-July 2038 1 series inc Oil ■- lU4 Jan-July 1983_ 1976-, 146 Va 783/a ' 93 *105 Feb-Aug debs 10 u._ June-Dec 3%s debs 103 *1003A 102% April-Oct subord '81% _Feb-Aup 1965 132 81% Feb-Aup ; debentures 105% 320'A 73 : *85 April-Ocf 1991, 3s 107 1053/4 101% __ Mar-Sepf 1988 Co 4'As debentures Crowell-Coliier ; 2%s 1975 4%s 1975 ! % *94 Va • Feb-Aug wr 4%s debentures 1985 l 83 84% Can Continental ; 84 11 *903/4 Feb-Aup mtge 4%s convertible Continental 93% ./ April-Oct -May-Nov. — Baking —— 92% May-Nov May-Nov 1982 Paul Second 4%s 82 80 89 Continental 80% 88% ' — 83 1985 Louisville inc 4s 95 *83% *80 mortgage 1053/a 105 Va 103 *73 - ——__Feb-Aug —i_T May-Nov 1087_______ Mar-Sep first 108 103 9 19 109% 85 81% Jan-July .___ mortgage 4%s 1989__,_ mortgage 4%s 1990— 1st. 103 * Mar-Sepf 4'As mortgage 1st 107 Jan-July 1986 Power 106 Va 105 4 107 98 3/4 1043/4 — June-Dec ____ debentures 1st mortgage 4%s 1987 81 75% 107 105 Vt Feb-Aup 1983- debentures 1st 99 Vb I 75 105% 1053/a 105% 105% 105% 105% June-Dec Convertible ,, 96% 94 36' *92 " 11 80 (Bait) — 1 1985—: Crucible Steel Co series Milwaukee St mortgage 9 99% 81 ' 46 ApriZ-Oct 1979— debentures Consumers 90 % 90% 110 ■' 119 Vb 8 114' 106% 107 :June-Dec 1982. 4%s >. 165 V 106 High 92 '/a 49 305 1984 debs 1982 debentures debentures 1st 96 124 106'A June-Bec 1978 debentures 4%s 191 122 % 99% __ Jan-July General mortgage 4Vis inc ser A Jan 2019 April 4Vis conv increased series B Jan 1 2044 April • 5s inc debs series A Jan 1 2055 Mar-Sept Chicago & North Western Ry— • lo3 % 84 Low 98% 105% May-ZVou 4%s debentures 1986—; r<: 165 — *78 1997 5s conv mortgage 4Vis First 6! 122 1991 Jan. 1 No. 105 June-Dec 1976 debentures debentures, 5s 93 % 117 / 97% Range Since Sold 106% —June-Dec' Gas El Light & Power d27/8s series T 1976 M debentures 4%s 154% 491 1 79 __ Feb-Aug Feb-Aug 4Vis Jan Indianapolis Chicago 105 U Bonds High 106 _____June-Dec 1991 T 1963 subord conv 5s debentures RR— mortgage Chicago & Erie 1st gold 5s Chicago Great Western 4s • 1st ll 79 __ 80 1985—Feb-Aug 1970—Feb-Aup . 1978 mortgage 3%s series B income debs Jan 2054 Chicago 238 — 112 114 Jan-July Jan-July Quincy RR— 3s mtge Chicago & Eastern • • 93% 134 *90Vi 1973__June-Dec gold 4s 1989 gold 4s 1989 refunding mortgage 3 Vis First and refunding mortgage 2%s 5s 86 % ' — *96% __ __ 1996—Feb-Aup H First and • 88'/a 86 jmrnt debentures conv 3'/as 40 34 % 84% - 122% 132% 1965 1981 series 3s Paper & Fibre— debentures 4%s 4%s P ■ *145 131 M 3%s 133% 107 40 88/2 122 __ 113% 11 155Vi 155/2 — ref & 1990 1990— S 1st: ref mtge s f 2%s series X 1986 Consolidated .Natural Gas 2%s 1968-, ,75% 105 V2 107 3 • ser 98% June-Dec iV'lst ref M 2%s series U 1981 . 86 65 88% 131 April-Ocf warrants debentures First . 86 *93% —Jan-July Jati-July 4Vis conv subord debentures 1984 Jan-July Chesapeake & Ohio Ry gen 4Vis 1992 Mat-Sept Relund and impt M 3%s Series D 1996—May-ZVot) • S 77% -- *86 107 -—AprfZ-Oct subord debs conv Without & IK M 67 37% __ __ Inc— subord conv 3%s rJyc *8i% 39 1974__Feb-Aup Feb-Aug Jan-July Without warrants 6s i 73 113/2 116 Jan-July ApriZ-Oct 1974 Ry Co 3 Vis series A mortgage 3%s series B 1968 First 4%s 1st j-ef , *64>/a June-Dec Pacific Co series M Consolidated 97 % 87% Illinois conv Central Cerro 105 % 95 % 5 f __ 5s ref 4V2S 85 14 87 % 77,,' __■ ref & Friday's Low June-BeC 1989™ or Bid & Asked Consolidated Electrodynamics Corp— : — May 97% 87% '■*> • 1 96% 1989 5'As series Q ref M 4%s series R & 3s 105 102% 10 105 105 96% Ry— 199o 101 5Va8 series P M Sale Price (continued)— June-Dec 4s series O 1988 ref M 1st 78% 66 29 ref Last Period xork New 1st 65 65 6c Week's Range Interest Exchange ox 1st 60 % 54% M & 1st & '. 54 % 68% 67 June-Dec April-Ocf 100 97% 2 ref 1st 78% 72 88 68 104 y8 104 % 68 April-Ocf series A 99% & je.uison 1st 101% 54% May -Nov 1965 78 99 *57 /a " Jan-July 2020—May 4V4S 1st 85 100 3S2 26 101% nm/ f. __ ZFe^~^ April-Ocf 1976 mc-'gage 4s Central 100 a9* HV* 77% __ June-Dec 1986 Corp 3s debentures debentures Central i. Jan-July 1965-—,—Mar-Sepf 4s 4s 4 '/as debs debentures f s 3Vis 1962—ApnZ-Oct 1978— debs Caterpillar Tractor 4%s A Consoliuaiea High 82 Va New York Stock ' Jan. 1 Low No. 86 % *85 (perpetuali Ohio & Carthage & Adirondack Ry (J 5s June-Dec BONDS Range Since Sold Pacific Ry— Carolina Case 1976 3s High I« Friday Bonds Friday's Bid & Asked Low California week Week's Range Interest BONDS New York Stock BOND RECORD <R»g« .Monday, May 21, 1962 .. debentures 3%s debentures 1976_May-Nov 1976_Jan-July * 109'A HI 6 158 153 102'/a 102% 104 95 95% 7 100% 76 91 Vb 91% 4 95 91 'A 158 302 158 89% 202 ,, 105 95 Va 92 Volume 195 Number 6161 t . . . The Commercial and Financial Chronicle (2403) .31 NEW Y( IRK STOCK EXCHANGE BOND RECORD (Range Interest BONDS- - . New York-Stock Exchange .. Last or Sale Price Period- - - -Jan-July 1981 4%s debentures 1982 4%s debentures 1983—— General Shoe General Tire Co 4%s Goodrich'(B F) debentures 1976 3%s debentures 1978 — 93'A 94% 62 90 y8 92 »A 93% 106 89% 106'A 107,'A 98'A 97'A 80 4%s Co I* fV • . , 146 General 4%s Tst mortgage 3 'As 97 97 r 91% 137% 179% 1st mortgage 3'As 1984 Jst mortgage. 4'As 1987 291 140 67 96 114 103 105% 5s ;Conv subord debs 1987. Mack Trucks The 5'/8S debs "ex 101% 96'A 105 Macy 102 105% 97 ,.. martaage 47As 1990 : Mac Andre ws Si Forbes Co— 186 97' 96% 106 ~2 v; * 105 " 97 " 97 104 »A 1 ■ "5s 97% 105'A 15 143 140'A 154'A 567 140% 106'A 108'A 110 106% 128 103% 105'A 105'A 105% 2 . Jan-July ' Jan-July 104%' 104% ;04% 100% ioi: mortgage 70% 2 May Mobile & Ohio RR^- * inc debs series A 2056_ 5s ; 55% 96% 67% 1 ' - 55% 66'A .70'A 54 169 169' 60% Haloid *85 —,May-Nov June-Dec .71 April-Get ,• 4%s . , s 4%s s debentures f debentures 5s s f debentures 4%s Hunt 4%s 1978 « 1984— 1982- subord — — 92 .. 92 *78% 84 77% ; : 81% 137 135'A 146% ■639 «5V8 -95ys 6 135% 93 119 . 100 96 -■ 96 • *._ , -Jan-July . 114'A - *80'A ; 86% 3%s ser A 1979—May-Noo 3 %® series B 1979—-May-No® mortgage 3%s series G 1974 May-No® Consol mortgage 3%s series F 1984 Jan-July 1st mortgage 3'As series G 1980. Feb-Auy 1st mortgage 3%s series H 1989™. Mar-Sept 3%s s f debentures 1980——— _.Jan-July Union Ry - 2%s ser C 1986—June-Dec Inland Steel Co 3'As debentures 1972. Afar-Sept *._ .1st 96% International 5s f. s. debs Interstate Department Stores— 4%s subord conv Oil Interstate 3%s Line Pipe > * Power • 1982 conv Kayser-Roth Corporation—-5% s 1980—_—Jan-July Kentucky Central Ry 4s 1987— .Jan-July Kimberly-Clark Corp 3%s 1983—. Jan-July 4%s s f debentures 1986— Feb-Auy — Kings County. Elec Lt & Power 6s Koppers Co 1st mtge 3s 1964 Lakefront Dock & A Series B 4s fixed interest 80 Mountain. States • C Series 2003___„. 4'As:fixed Interest 5'As Lionel 5'As Little 5s D conv (The) conv 2003 Miami 1976 98% *92% 55 55 ~8 88% 5 98% RR 4s 1980™ 1962.; 3'As Aprll-Oct. 4'As s Aircraft f Corp debentures 3.75s footnotes, 1980.. 1 1987 Long Island Lighting Co 3%s For 95 92 > Chat 8c 104% 102 105 .116 120 141 ; Airlines conv National 103% .101 11 6s . 102 100% 100'A 96% 88 94% 88 86 90 23 88 ... .... ...Mar-Sept *93% 24% 103% 2000. 91% 59 - — *46'A St 1980™.. conv Louis 3s Mar-Sept 96% ~8 • —- 1976—— debs —May-Nov —April-Oct 4__ V ' " 119 11678 92% 83% 1°76 4%s f.debentures s National Distillers 105 — 1992 3%s Distiller Prods ser Apr-Oct D see page 5s New s f 3'As oonv Tea Co 197^.June-Dec 37. debentures 3s debentures 104% 1974 91 93 86 89% 56 102'/a 1 98'/a 89 5 88 85% 85% 4 84% 94% 94% 5 92% 103% 103'A 22 101'A 98 101% 83 102% 102 89 86% 95 103% 98 123 101 *101 103 « —April-Oct Mar-Sept Terminal 3%s 1977. *80% 87'/a 87% 85 88 Jan-July —Feb-AUg Mar-Sept *81% 83 % 777/s 81% May-No® ... Jersey Central RR 88'A 90'A 5 89 May-No® Feb-Auy 4 103'/a 113 7 102'A 102% 1980 105% 103 105% 92% 101% 101% *85% 787/a — *76 "82% 76 76 83 *83 85 — Co— 657 8i7A 120 3 174 80% 'V 80'/a • 92 'A 102'. -•- 95 30 103% , 98% 97% 7, ■' 88% 100 5 .58% 64 13 50% 147 51% 58% 57% 107 54 62% 62 62% 104 68 April-Oct 89% 89% 90% 35 58% 81% 57 % 58 8 55% 52% 52% 52% 56 55% 56 Y trust Central & series A 6s Feb-Aug 1998. 1980 Hudson RivCr 3'As 1997— Jan-July gold 3'As 1998 Feb-Aug Collateral gold 3'As '98—Feb-Aug New York Chicago 8c St Louis— 1 Refunding mortgage 3'As sfer E 1980 June-Dec First mortgage 2s series F 1986 ApriZ-Oct 4'As income debentures 1989... ;—..June-Deo Lake mortgage Shore Y collateral 2%s series B 3'As 2000—^ A 2043 1 Mortgage 4s series B 2043 Y Connecting RR 8c Harlem gold Y Lack & West series B 4s Series A 1973™ *83'A 79 % *— 64 % 1975—April-Oct Mortgage 4s series N 1973 -w— refunding mtge 4s ser A 20p7___Jap-JuZy General mtge conv inc 4%s ser A 2022—May Harlem River & Port Chester 4'As A '73.Jan-July • N 74 25% 35% N Y 38% 43 27% 41%. 28 27% 40 1 51% N 38% 41 Va 65% 101% 114% 11678 94 111% 128 85% 403 94% 86 82 1Q7'A — 104% 102'A 106'A L,327 99% 115% 190 172 191 370 170 % 218'/a 96 96 96 7 92% 96% "103 98 "102% 103?/a ^ — • 103 102% 102% ^♦88 % 91 49 % 54 49'A 56'A —" 79% 83'A 83% 88 85 79'A 89'A 64'A 53% 65 83 83 79'/a *83 May-Nov Jan-July J an-July May-Nov May-Nov 68 — Y Power 42 9 40% 44% 45'A 45'A 5 42 48% 15'A 16 16% 6% 223 ' 15% 20% 5% 7 *64% 70 57 Va 60 *85'A 86 80% 86 *57 7A 52 Va 57 — *79'A 79'A 79% — 60% 60% 6'A 6'A Susquehanna 8c Western RR— *60% Jan-July 2004™,— Jan -July • General mortgage 4'As series A 2019—Jan-July N Y Telephone 2%s series D 1982 —Jan-July Refunding mtge 3'As series E 1978 Feb-Aug Refunding mtge 3s series F 1981 Jan-July Refunding mtge 3s series H 1989— Aprll-Ocf Refunding mtge 3%s series I 1996 ApriZ-Oct Refunding mtge 4'As series J 1991.——May-Nov Refunding mtge 4'As series K 1993. Jan-July Niagara Mohawk Power Corp— < General mortgage 2%s 1980 ... —, General mortgage 27As 1980 — April-Ocf General mortgage 3'As 1983 April-Oct General mortgage 3'As 1983 rf leneral mortgage 47As 1987 — Mar-Sepf 71% 41'/a 8c Term, 1st mtge 4s 1994 1st & cons mtge 4s ser 70% 67 67 *70% 60 4 15 tN Y New Haven 8c Hartford RR— 62% 92% RR— Michigan Cent 9W% . 55 57 62I/4 General 61 55 54 57% Collateral N N 24. 54 April-Oct Consolidated 4s N - 57 88% 102% 1982 debentures 90% 101% 1977 England Tel & Tel Co— 3s 82 78% 57% *91% 79% 129% 88% —.—— National 118 92% debs York 100% *98'A 105% ——.Mar-Sept f s 60% 85'A 105 debs ,1983-May-Nov Cliem 4%s & 90% June-Dec June-Dec * —— 1974___ApriZ-Oct National Steel Corp 1st 3'As 1982 May-Nov 1st mortgage 37As 1986 ; May-No® 1st mortgage 4%s 1989 ;—June-Dec Natl 76% 115 15 1970 3s. ' -1 82 319 91 debentures 3'As. debentures * 55 94% 119% 5 New 33 89 115 11 81% 65'A 65'A 94 '■ — 103 75 101% 101'/a — 149 ". 107 45 38% 97 103 95% ' __ - 107 Mar-Sept 1970—June-Dec 1977 48 35 y8 37 . ; 1987 Orlean 78 " V 54 34% 94 > *77% Light first mtge 2%s 1975_Mar-Sept Y & Putnam first consol gtd 4s 1993__Aprll-Oct Y State Electric 8c Gas 2%s 1977——Jan-July 32% 75 85% Refunding & Impt 5s series C 2013 51 60 ■ - 72 83% — *85'A 1986____Feb-Aug ser Jersey Power 8c Light 3s 1974 80 99 60 41 Va 54 . r • . Biscuit— First & 34 105 Va 34% 4 37% 103 4'As *45 104 Va 104% 104% 36% New „ 61 104'A Refunding & impt 4%s series A 2013.—April-Oct 95 59% 104% 101V3 *72% Bell Telephone 3'As 1988 New Jersey Junction RR 4s 1986 165 61% 101% 15 107 — 100 13 —June-Dec Cylinder Gas 5 'As conv debs National Dairy Products 2%s debs _. 58'A 27% 101% 103% 103% 104'A Natl New 84 < 98% 21% 1986__L__May-Nov ApriZ-Oct 1978.™ 6 L Va 4 :___Feb-Aug ... gtd 3 'As < 24% Inc—* subord debs 4%S 85 79% __ 105 24% — National Cash Register 4%s s 1 debs l985_JM«e-Dec 100 93 85 61 May-No® conv 1987______ApriZ-Oct Afay-Nov 4.50s debentures 1976— ; ..Afay-Nov Lone Stai G.as^ 4%s debentures 1982—April-Oct Lockheed 1981.: Tel & Tel 2%s Corporation—5'As Nashville 100 Va "A *98 Afay-Nov Afay-Nov Mar-Sept debentures Litton Industries Inc ... series B 1966 first debentures National Corp— subord 2045 1991 -•■-•'■ 250 240 . *._' fixed debs Essex 8c — NAFI 218 so y8 2oy4 , N 4s subord subord debs 3'As 74 — A Morris 78% :''71% 5 'As ' interest 2003— Afay-Nov contingent interest 2003 —May •Series E 4'As contingent Interest 2003.. May •Series F 5s contingent interest 2003 —May Lehigh Valley Terminal Ry 5s ext 1979^—Aprll-Ocf Lexington & Eastern Ry first 5s 1965 Aprll-Oct Llbby McNeil & Libby 5s conv s f debs '76-June-Dec Ling-Temco-Vought Inc— Series 1 1, Feb-Aug Monon Railroad 6s inc debs Jan 1 2007. April Montgomery Ward Credit 47A's debs 1980—Jan-July 4%s debentures 1981.^ Feb-Aug 83 80 74 131 5 57% debentures Jan Monogahela Ry 3'As 86% 83 82 *92% Lehigh Valley Coal Co 1st & ref 5s stp *64_Feb-Aug 1st & ref 5s stamped 1974 Feb-Aug Lehigh Valley Harbor Terminal Ry— 1st mortgage 5s extended to 1984 Feb-Aug Lehigh Valley Railway Co (N Y)— 1st mortgage 4V2s extended to 1974 Jan -July Lehigh Valley. RR..gen consol mtge bonds— Series 513 75% 17% 84 19% 93 '/a 81 82 1 *104 : April-Ocf June-Deo gold 3%s '97—June-Deo South 82 19% • 92 77 ,29 80 '/a 1997—April-Ocl RR Term Co— & Mich 80 197/8 63'/a 87% 120 79l/a 55% 74'/a 125 68 1 ,76'A 82 bo €9% 56'A 80 80 y8 95% 59 *66% . 1 *78% 5^% 93% 8 56'A 99% 100% *79% 47% 5 60'A 66% 175 *79'A 20 95% 60% 55% income Mohawk. 8c Malone first gtd 4s 134 90% 50 95% 237 • 205 1st sinking fund 3%s series A 1968 Shore 48% 56% 5s 133% 315 *83% 81% . New Afar-Sept Aprll-Oct 77% 56'A V 3c 100% City Power & Light 23As 1976™.June-Dec 1st mtge 2%s 1978 June-Deo 1st mortgage 2%s 1980 June-Deo Kansas City Southern Ry 3'As ser C 1984.June-Deo Kansas City Terminal 2%s 1974x April-Oct 4 56'A l*116 226 Kansas 78 56% 386 100 91% 93 78 75 KLM Royal Dutcb Airlines— 4%s conv subord debentures 1979 Kanawha & Michigan Ry 4s 1990—; 88% 8 57 40 *88% 11 111 101 93 91 90% 92 60 247 *82% 69 90% 91 % 59% 100% Central Power & Light 2%s 1976.Afar-Sept Joy Manufacturing 3%s debs 1975. Mar-Sept 97 '96% 59% ' Jersey 96% 94% — 77% 86 Jan-July Aprll-Oct ' „ 60 77 87"% 99 95% 70% 134 *__ 96% 89% 94 4 61 103% 99% 93% ,'87 95'A *95% 8!" 132 128 —Afar-Sept 1st Lake ~7 „ 95'A *97 81% 100'A 83% ' *91% 85% 97 .. - A 1977 8 74 %x €3'A 2'/ Co— mortgage 3s 1980. I-T-E Circuit Breaker 4'As 100 y4100'A *83% 62% • 1987— Jan-July 33As 1978————Jan-July Co 77'A 73 86% 135 % 148 83% 83 63 101 141% 80 86% *81% 73'A 226 Feb-Auy 103% 74 Geia mtge income 4%s series A Jan* 1 2020 Gen. mtge income 4%s series B Jan 1 2030 100 debentures f s Interstate ; • 1981 f debentures series s 4'As debs 91% 99 1st,mortgage 4'As series C Jan 1 2005 132 AprilsOct 91% 66 *84% 104% 102 4%s conv sub debs *83_May-Nov . . 124 72 ' 1987-——_— 91% 77% 93 107 103'A 77 / V mortgage 4'As series B Jan . Feb-Auy *— *102 46 102% 104% 105 Jan-July ... 1981 Co- .110 132 8 Co— 109 116% 88% 77 .11 debs & Tel Intern'l Tel 4.90s Silver subord conv RR 134 75% 103% 103'A 4%s debs series B International Minerals & Chemical Corp-r3.65s conv subord debentures 1977 104 46 90% 85% 76% *103% 104% 4%s 89% 1990.. June-Deo RR— 105 103% 1990 99 91% 100'A 100% Credit 4s 86 85 1st 86" *66% 85 102 102 Yb Jan-July —Jan-July Feb-Aug Harvester first & Texas 82% 84% 104 »A 1979..May-No® 1981———— Feb-Auy International 90 77% 6s Pacific Missouri *84% Afar-Sept mprtgage 3.20s series I 1982— 1st mortgage 3 %s series J 1981 1st mortgage 4%s series K 1987— 1st mortgage 4 %s series L 1989™ 103% 84% • *77% Indianapolis 104% 102 100 *76% 74 190% 79% 2 95 Va 223 - 102% *85% 80 5 57 .. 104 109 4 'As series D 1978—T—: Jan-July • Cum adjustment 5s ser A Jan 1967—-Aprll-Oct 5%s subordTncome debs 2033— ———Jan-July '*85'A mortgage Consol , 1972... Prior lien *85% Consol 186'A " ' > 104% 118'/a 92% 4 :V ••.'UiA Illinois Bell Telephone 2 %s series A 1981 Jan-July First mortgage 3s series B 1978——June-Deo mortgage Missouri-Kansas-Texas , 103' 105 *103 Feb-Aug -Feb-Auy 103 24 1027/« *85% Feb-Aug 50 . 114 (J Ray) 6c Co"— , debentures subord 78 104 20 h *86 91'A 100% 99 -104% 110 92% cohiv 78 78 5 ■ 104'A 104'A . 99% 39 101% 101'A 101% 90 5s Missouri. Kansas 114 1 « \ 102'A 102 : 2 100 96 - 10 __ *84% J •General mortgage 4s inc ser A Jan 1991—.May Minnesota Mining & Mfg 2%s 1967__ .Aprll-Oct . 128% 89'A '100 32 ; ' 89% >89% . 130 95 102 Feb-Aug Jfar-Sept ; 106% 104% 1043/4 81% 81% 102% 1985..— ; May-No® Minneapolis St Paul & Saulte Ste Marie— First mortgage 4%s inc series A Jan 1971 May 173% >" 96 •119 1 100% 192 .-.Jan-July Jan-July —Jan-July 1986 33 ' 1980 1st . —June-Deo . 120% • debentures 78 189% 195 . }• 77% ' 77% „ f 81 104 * 94'A , . . debentures 111 .Cent RR consol mtge ■ 78% 84 Mar-Sept &r Industries— conv : \ 1981—— debentures Foods 66. 78% *81% 1977-—— .—Jan-July debentures -f 24 85 75% *75% Hotel Corp of America— 0s conv coll .tt debenturesl972_—— .—Jan-July Household Finance Corp 2%8 ,19?0— ..Jan-July -"4%s debentures 1968.—2—__—_—,~ ..Mar-Sept 4%s 72% . 63 84 »A , *92 1981.-— ..Afay-Nov —Jan-July Hocking Valley Ry first 4%s 1999Hooker. Chemifcal Corpi-T-A « ' .' 5s conv subord debentures 1984—— .'-••4s.. sinkihg fund 59 22 t- 80 .. subord debentures conv 61% 1978 s 70 71 78% , *88 Feb-Aug May-No® Jan-July Feb-Auy McKesson & Robbins 3'As debs 1973.. Mar-Sept 4%s debentures 1980 ; Mar-Sept Merritt-Gliapman & Scott—4'As 1975. Jan-July Metropolitan Edison first mtge 2%s 1974._May-No® Michigan Bell Telephone Co 3yas 1988 April-Oct 4%s debentures 1991'— June-Dec Michigan Central RR 4%s series C 1979—Jan-July Michigan Cons Gas first mtge 3%s 1969 Mar-Sept 1st mortgage 27As 1969 1— Mar-Sept t 1st. mortgage 3%s 1969, i Mar-Sept 37As sinicing fund debentures 1967 ...Jan-July Minneapolis-Honeywell Regulator— , 3%s a_t debentures 1976: . Feb-Auy 3.10s s f debentures 1972 Aprll-Oct Minneapolis & St Louis Ry Co— 260 75% __ *80% , ~— " ; 169 *78% 1976—.May-Nov • mtge 2%® 1976—Mar-Sept Xerox Inc— 38 80 60"% — Hackensack Water first 182 debentures McDermott 55% - *75 f 77 68 <70 79 105 95 Feb-Aug Realty Corp 5s 1977.. Corporation— i4%s conv subord debs 1992.™ McCrory Corp'5'As debs 1976 170% 64'A 7 ■ • s • - McCall 1 —-Ja»-July ...June-Dec 1st mortgage 2%s T980—;—;——.—June-Dec '1st mortgage-3%s 1981-—--—.—May-No® ♦/ 1st mtge 3 Ves 1982... ._™__,u— —.June-Dec : 3s, debentures 1969. -1st mortgage 2%s 1979—. 106% May-Nov 1972 , \ 103 —...May-No® debentures 60 73% ,_x 79 "70 : 58 *76 1981—Apr-Oct May Stores 101 67% 66% *70'A 2015—April 2044—April —.— Gulf States Utilities 2%s Tst mtge 1st mortgage 3s 1978—. t Dept Stores 2%s >87% 7 *77 1977. 4%s 3'As 104% 101 58 . 70% 66% Western, Financial Corp---, 5s conv subord debentures 1974.——_—June-Dec General mortgage Inc 5s ser A July General mortgage Inc 4s ser B ,Jan .1st & ref M 3%s series G198Q— Corp 11 *104 1972 1981. Maine Central RR 5'/asT978_ Martin Co 5'As 1968 "ex wts" Great ' Credit debentures 104 V* 3 *70% Feb-Aug Wts" 27As debentures 3'As 3yas series N 1990-—Jan-July General mortgage 3 %s series O 2000 Jan-July General mortgage 2 %s series P 1982—-Jan-July General mortgage 2%s series Q 2010.—..Jan-July Gulf & Co subord qonw Macy 178 107% (R H) 102% 59% 71 • 105 93% 15 69% *68% 86% 91% 75% ..Mar-Sept .„Apjr-Oct 1 ,; ! i — 100 ~3 <93% 59% 79 High 98% 75'A Feb-Aug ....April-Oct — — Low 13 84% 69% . ....May-No® 1st ' 100 " *104 V 1982 88% ; 1970— series D Louisville Gas"& Elec 2%s 1979 34. ^ 149% 96 (W T) General 103% „ 140 -May-No® • 100 66 '. 69% refuhd mtge 27As ser G 2003...Aprll-Oct. First & refuhd mtge 3%s ser H 2003___Aprtl-Oct mtge 3%S ser I 2003—AAprll-Oct St Louie dlv second gold 3s 1980. ^^..ilfarTSept 103% 129 137'A 142 I debs 1981—.—. June-Dec 1983™.—_May-Notr Co first mtge 2%s 1965—May-Nov1 Great Northern Ry Co— ' '•General 5s series C 1973—-_L 100 91'A 2003.__Aprfi-6ct F, Jan. 1 No. ,103% 104 RR— ser Range Since Sold 99 93% June-Deo refund mtge 3%s Bonds High *87 First &• refuhd *82 r s 1985— 79 • Friday's 98% First & 93 196% 104% 1067a 34 102% 103% 90'A First & .107% 103 3/a 126 106% 102% 103% 103 'A 1)3 7a 104 191 4%s s £ debs 1986 Louisville & Nashville • 105 % 106'A or Bid & Asked -April-Oct Afar-Sept Aprll-Oct —— 94 106 (W R) & Co 3%s conv sub debB '75_May-Nov Union Company 4%s conv 1978. Jan-July Go 4%s debs 1987 : Jan-July Grand Grant 3s 89% debentures debentures f s Grace Rubber & Brothers, 5s Glidden 4%s 99 Va 100 98 debentures 1977 General Time 4%s conv subord debs Gimbel 97 93% 105% June-Dec '79—Feb-Auy 1981—ApriZ-Oct convertible 4%s 99%. 106% -1971——May-Nov <■. < conv : debs debentures 1963.. 93 Corp 3 Vis debs'1979-i.—Jan-July 3.20s 1980—~_— Mar-Sept General Telephone ' 4s Co 3s 98'A Motors General (P) QQ ■> Sale Price Low 93% — 1980——-— debentures Last Period High Low 1,287 Week's Range Interest Exchange 93 .Mar-Sept -Mar-Sept ————Mar-Sept Mar-Sept Afar-Sept 1979— debentures 5s New York Stock ; v 98ys ; - 5s -debentures Jan.1 No. High BONDS Range Since Sold Lorillard —Jan-July 3'As -debentures 1972— i Mar-Sept 3%s debentures 1975--— Mar-Sept 5s ^debentures 1977.-——————Feb-Auy 4s Friday Bonds Friday's Bid & Asked Lov\( General Motors Acceptance Corp,— 23/4S debentures 1964 3s debentures 1969 — for Week Ended May 18) Week's Range Friday 53 A 24 | 80% 109 — 53 24 80% va 53 10 51 7 18 25 5 75Ta 80% 83% 87 Va 82 82 1 80 62 78% 78% 2 75% *87 .*81'A 102% 87% 98'A 99 *78 84% 84% 11 93'A 99 78 80% 79 80% ~5 105'/a 105% 80% 84% 85% *89% 105% 81 % 99% 80'/a 84% 79 103'A 15 78% * ■ 81 — 102% 103 Va 99 — _5 89% 103 Va 105% The Commercial and Financial Chronicle EXCHANGE BOND RECORD NEW YORK STOCK Period Exchange York Stock New wew Last or 1996—April-Ocf northern Central general & ret 5s 1974—Mar-Sepf 1st and ref 4y2s series A 1974 ...Mar-Bept Northern Natural Gas 3%s s f debs 1973_May-Nop 3%s s f debentures 1973 May-Non 3 y4s s t debentures 1974 May -Nov 4y2s s f debentures 1976 May-Nov May-Nop 4%s s May-Nop 47/aS s May-Nop 5y8s s f debentures 1979 May-Noo 4%s s t debentures 1081 „_May-Nop 4%s s f debentures 1981 —.May-Noo Northern Pacific Ry prior-lien 4s 1997—Quar-Jan General lien 3s Jan 1 "2047 Quar-Feb Refunding & Improve 4 %s ser A 2047 Jan -July Coll trust 4s 1984 Aprll-Oct 45/8s ' ' __ __ 102 % *101 102% *103% *104% 105% — debentures __ __ __ __ __ 97 90 5 t ' 2 — „ 21 103 106% — , — __ 105% 20 3 „^*85% 59y4 94 y4 25 93% 93% 93% * 53 93% 2 r ; Service Electric & Gas Co— First and First ... and First and 3%s debentures 3 Vis debentures Reynolds Rheem w April-Oct Jan-July Feb-Aug June-Dec April-Oct Mar-Sept Jan-July ' Bell Northwestern 3%s Telephone 2%s __ __ 100 95% __ __ Feb-Aug April-Oct Mar-Sept June-Dec Jan-July *82 % 85% *80% *79 *82% 85% 8 — ,— 4%s * 135 1984—June-Dec Feb-Aug Royal McBee first mortgage First mortgage 2%s First mortgage 2%s 1980 Co 4%s debentures Gas 100% 95% '82 82 79 —' — St 81 96% 100% 91% 95% 104% 106 3 1 2 St Louis-San 1st * 78y4 99% 102y4 122 V2 171 74% 76% 78% 78% „ — 141 . — __ mtge 1st mortgage 2%s 1st mortgage 3s 1st Apr-Oct Paul 1st mortgage 1st mortgage 5%s Owens-Illinois Glass __ .. 101 y4 101% 40 *85% *80% 87 St 89 V4 86 79% 101% __ * Paul Scott June-Dec 112% 112 3%s Oxford Paper Co 4%s conv debs 1988 __ April-Oct 116 *91 y2 114 181 113% 129 95 __ 116 V2 60 5s First & First refunding 3s series First 5s mtge mtge 1st & ref 1st & ref 3 y4s ref 1st & 1st & ref series BB CC 10 89% 93 Smith-Corona 85 y4 89 Va 81 85% 1977 June-Dec 85% 85% 85% 10 ""82% 80% June-Dec 1992 & ref M 4 bs serips On 1903 105 94% M 4%s series HH 1994 June-Dec Tel & Tel 2%s debentures 1985 debentures 3%s debentures 1983 __ 1981 1991 Feb-Aug o4/?«S debentures 1988 Pan Western American 4%s Oil debentures iooy2 1964_June-Dec 86 • '* v.': ~3 __ os General 4/4s General senes 108 April-Ocf 87% —-June-Dec June-Dec D 100% 100 April-Oct o series 74% 1981 mortgage 4 %s series E 1984 Jan -July 78% 84 - 5s gold series 1974 B 4%s series C 8914 Feb-Auff 1977 Southern First & First & First & First & First & First & First & 85% Ry Southern Natural Gas Southern refunding June-Dec May-Nou & First & refunding mtge 5s __ __ Jan-July __ June-Dec 1985 4%s __ Feb-Aug 1982 refunding mtge 943/4 June-Dec __ April-Oct S8! ^ refuwding 4%s 1987_ First & refunding 3%s 1988 F rst „ __May-Noa 1983 3y8s __ Mar-Sepf Map-Nov 1986 93% June-Dec 1989 __ April-Ocf Phillips 4/4s Petroleum 2%s subord conv f debs 1979 s __ debs ! 100% 103% F^h-Aup Pillsbury Co 4%s, s f debs 1986 Pillsbury MiUs Inc 3y8s s f debs i972 guaranteed 4%s ser J General mortgage 3%s series E 1975 Pittsburgh Consolidation Coal 3%s P ttsburgh Pittsburgh Plate & 3%s series Pgh 73% 80 75 ; " 78% 79 .... 84 89 80y8 1st 4%s Plantation 3'/2s s Potomac 1st West A 3s debs 1965 1967 Virginia Ry— 2 86 89 6 85y2 92 _ 100% 101 f series Pipe D 4%s 596 87% 87% 10ty4 84 8 99% 100% 99% 100% 73% Line debentures Electric mtge 3%s Power 1970 71 71% 2 1986 Inc For 3%s «>* 88,4 85'/z *? 84 87 943/4 *83Va 80% *83% *86 84% *84% 9Ri/o 1 97 84 footnotes, 1981 see page „ 79% - 5 101% 94% — 105 95 — — Z'Z' 9 101 32 100 103% 104 Va 105% 107 % 16 104% 107% 104 % 105 % 130 103 % 105% 83 83 83% *85% 104% t 101% 125 80 91 87% 61 88% 102 16 104"% 86% 331 100% 101% __ . — — 89 *96% \ 6 , — 104% 104% 88% 89 OO 104 1 —— — ! 11 126. 124 • 135% V 82% 16 80% 82% 100% 100% 1 100% 100% 82% 100% 79% Surface Swift 86% 18 92 95% 82% 86 76 80% 80% Talcott 83% 5 __ * 85 84 . 13 93% 101% 101% *105 Ya — 5s 5%% 88 99»/8 16 104% .. 98% 112 98% - , 115 467 *90% June-Dec Aprfl-Oct "" 89% 771/! 94% 91 92 73% 73% __ *97'/a 3 * 75 99s/a 9R3/® qq/fl 99 98 /a 3 22 87 94% R6V n\u 97% 96% 98 b /4 98 & ~~ *88'/a *84 y8 Mar-Sepf 96 104 105% *97 ~~ " ' 5 %s 78% 76 77 93 971/3 83% 103% 103 % 111 101% 35 of Tidewater 125% 103 103% 91 100 % 103% 1971—Map-Nov Jan-July 88% 87% 88 % 15 84% 87 % 87 % 5 84% 100 3 96 106 223 103 100 Jan-July 1973—Mar-Sepf 100 *55 95 — 105 Mar-Sept Jan-July Jan-July May-Nop .Jan-July May-Nop 105% Apr-Oct 100% 100% 103 175 171 % 180 June-Dec June-Dec 86% 96% 7 93 98 93 93 % 12 91% 93% 93 96 15 91 86% 86% *86% 103% 3s gold 5s 85% 87 91% 92 100% 105 ' 273 102% 103% 103% 171% 222 5 101 Va 104% 80% —June-Dec E 1985—Jan-July 3%s 1st 4%s Oil Feb-Aug - 68 1978 • Missouri 120 1971—Map-Nov 3%s RR Air Lines conv 2%s debs 1991 debs 2%s debentures Inc— subord Biscuit Co of 3%s debentures 71% 75 92 debs 95 67% 71 78% 2%s — 78% 111 1970—June-Dec June-Dec June-Dec 87% 105 81% 73 123 103% *86 94% 61% 94% 87 *93% 154 11 . *81%' 87% 116% 91% 93% 87% 90 89 105% 105% 4 110% 116% 261 *84 1976—Feb-Aug 82% 82% *90 105% - 68 95% 83% *87 59% 92 82% 597/a 94- —__June-Dec —-Map-Nov • 1985 America 1977 ~i 23 117% 120 597/a 1975_April-Oct 1980_: 1986 subord conv 68 *105 MaP-Nov California Pacific 98% 88% — 71 % \ "ex wts"-— June-Dec 1968 debentures 93% 86% 87% 68 71% *78 Va April-Oct 1986 3%s coll tr 2%s 3%s 1982— of ( 95 *93ya Jan-July & mtge Union 98 *87% 71% 1974——June-Dec 1986 of 98% 74 89 ii 81% 73% — ' 93 98% 92 2000 mortgage and coll trust 2%s mtge 103% 13 Pacific— Orleans New debentures 1st 96 7 '~ ■ . 181 *_. B 1970.>April-Oct series C 1990—April-Oct M 3%s refund M 3%s ser Co 95% 108 RR— Airlines 6%s Electric Union 88% 87 % 100 96% 93 —June-Dec 1979 1980 first Co 103 103 (/a Products 4%s debs 1982 Wooldridge Inc— Oil 105 % 99% Ramo W'orld Trans 146 102% 1982—.— refund RR 83% 80 % 5 139 104% 78% 74% 8 78% 111% 116 94 100 — of St Louis— debentures 4%s 9 — 96% 46 1966 84i/« "Z 105% 94 mL 188 , 105% 109 % 123% 85% 83 90 27 68% 69 99 % 99 % *104 103 2 99% 98% 104 105% 70% 68 105% . June-Dec 1966—April-Oct _ 97Va 100% — - 102% 103 1971 refund M 3%s series Thompson United 84 ' 105% 22 100 ; 72% 64 101% 102% 107 1972 and Term United — 104 59% 24 105% 102% 1979 notes Orleans and 94 87 70% 5; 61% +62 105 Refunding mortgage 2%s series C 1991_Mar-Sept Union Tank Car 4%s s f debs 1973^——_April-Oct 5s s f debentures 1986 —Feb-Aug *83 *76 Ya • 83% Jan-July 1982 debentures Pacific-Missouri Texas Union ~~ ~~ • 73% *72 —-L' ' 113% 1982—April-Ocf debentures and General 99% 102 88% 106 1983 1982 4%s debs notes Pacific 60 ' ' 160 86 . Inc— Assn New & v4%s 82 — — 105% 09 ?3 96% 26 98 , ' : *73% First 97% 97 __ • v *86% *81% Thompson 90% 7^ 995/fl ~~ 94 9iya 7J A " _ ~ _ 1971/ 101% ZZ __ ~~ *99% April-Ocf Jan-Julp April-Oct 119 *75 __ 98% 66 *85 impt M 4s series C 2019 Jan-July impt 2% series D 1965 April-Ocf Company (The) 3%s debs 1983-—Map-Nov Texas Corp 3s debentures 1965— Map-Nov First 1043/0 99% 121 and Texas 106 95 108. 99 V4 93% 92% ' • Texas 101% 973/a 16 98% 101 y8 1017/a Refund and " 93% 102% - Corp— notes RR 4%s 1973 conv senior Refund 84% 83%. 101% 1033/4 1 32 senior capital Terminal 86 80 773/a _ Jan-July Jan-July April-Ocf J an-July Feb-Aug Jan-July June-Dec debs 1981 1st mtge 6s subord (James) 5%s —: April-Oct debentures Wayne con\^ . 93% Map-Nov debs Inc debentures 4%s 230% _April-Ocf 2%s 2%s Symington 89 _ 80% Co 146 , — Inc— 3%s Transit & 2%s Co —'"Z -- '' ,77 % . ApriZ-Oct 3%s Corp 98% 1984 1974 subord Oil Z 101% 1985 3VaS conv (Ohio) Camp Oil 53 ' "' 1977—May-Nop debentures 2%s Chemical Superior 84 __ 84% Co conv Sunray im 94% i033/4 1033/4 93% 4%s r 3 88 Oil 208% z;.57% 77 V ■ . . 1983 debentures 74% ■" ' 57 -- • 77%;, \ '75—June-Dec 1983 (N J) Z' ,:■/ ■ • debs California of (Indiana) Oil < - 87 75% 87% 81%. .74% 4 ' debs 2%s subord Oil debentures 1 ; 87% 87 *78 -"t ■ir~ Mar-Sept A 1977 1983— conv Oil Stokely-Van »» , 89 " Feb-Aug Jan-July debs 5s debentures Stauffer 757/, Co— mortgage 3s 1983 Proctor & Gamble Tell Bell debentures 2%s ¥ i „ series E 1986 series F 1996 First mtge 5%s series series H 1983 Southern Ry first consol gold 5s 1994 1st mtge coll tr 4%s 1988 Memphis div first gold 5s 1996 Standard 75 44 : ■ 2 %s 5%s 87% . 27/as mortgage 98 66 74 *99% 100 Mar-Sept April-Oct 1977 102 78 102% 103% 1973_June-Dec conv 1st mtge 3%s ser A Co— mortgage 3 VaS 111 June-Dec 2%s 165 97 __ 102% 103% ....Jan-July Jan-July RR First Spiegel 97% 100% 100% 121 71 74% . 1994 1981— Pacific •; -First 4%s 104% 109 June-Dec 1977 80% 128 107 % Jan-July 1969 Standard *101% 104 ZZ Mar-Sept 1974 70 105 Map-Nov Map-Nov (Oregon Lines) Southwestern 98y2 102Va 7 ' 1984 series C 102% April-Ocf 1970 New Orl & Northeastern RR 3%s 84 89 Youngstown & Ashtabula Ry— 1st gen 5s 1st Glass 113% 1964_Map-Nov Pittsburgh Cine Chicago & St. Louis RR— General mortgage 5s series A 1970 General mortgage 5s series B 1975 138 __ Jan-July V 4%s San Fran Term 102 92 „ Jun-Deo June-Dec Pittsburgh Bessemer & Lake Erie 27/bs 1996 June-Dec Pittsburgh Cincinnati Chic & St Louis Ry— Consolidated guaranteed 4%s ser I 1963-Feb-Aug Consolidated 92 80% __ *86% -- June-Dec 4%s , 4»/2s Southern 104 103% 101% Co First Gold 107% 100% *102ya 103 1964—Feb-Aug 1987__. 128 82 88% __ *87% June-Dec Jan-July 1963 2%s-4%s Gold 94% Texas June-Dec debentures 88% 78% 104% 104% *94 Va Feb-Aug ....Jan-July debentures convertible First Philip Morris Xnc 4%s 86% — *79% — Pacific Co— 82 92 — 3'/4s mortgage refunding 3%s 1986 Edison Co— California Indiana 100 _ 97 ™ Jan-July refunding 23/4S 1971 refunding 2%s 1967 refunding 23/4S 1974 refunding 2%s 1981 refunding 2%s 1978 6 April-Oct 1971 j 3%s 106% 6 Philadelphia Electric Co— First & 88% 82 *100 —Jan-July 1979 5s 1979 Southern 104 < 10 79% debentures 83 89 *78% 3s 84 104 4 - 87y4 847/a 78% 83 73% ^alUmore &SWMh1RR^Oo—T^ar*^ept General 69 128 Aprif-Oct —Feb-Aug 1982 1987 103% ?. p:: General 1979 1985 debentures ' 91 3 5 78% debentures 2%s 101 15 & 2%s 84V4 82 __ 94% 80y4 • V ' 82% _ 106 80% 84%+- *96% Feb-Aug General Ss^series^B ^9fifi65 lybb 64% __ European Pipeline— ' Z. / See Foreign Corporate issues Southern Bell Telephone & Telegraph Co— Standard uenerai 73 47 Map-Nov 1976 RR 81 Airways— RR—* & Llght 3S 19?5 73 65% 65 % Sotuhern Standard cony subord debentures 1979 Pennsylvania _ __ 92 Feb-Aug 3%s World 74 r- f debs 2%s 80 37 *88 _ May-Nop debentures _ Mar-Sepf debentures 3/aS . Oil Alabama 80y2 3 82 ^94% 78% April-Ocf 3%s Pacific rlr; 87% 82 105 v ' _ 83 " "84 103y2 103% April-Ocf Mar-Sept 1978 68 % *69% Jan-July 1983_Feb-Aup debs Marchant—5%s North 83% __ 101% 101% June-Dec 2%s debentures 1986 3'/as debentures 1987 3%s *86% }oi'/2 June-Dec ref 37 June-Dec 1977—: f s debentures 78y2 • June-Dec 103y2 103% 16 June-Dec ~~ 105 106% 9 FF ceD-enuJ :: 101 & 1966 1986 82y2 ' __ *104 June-Dec 1st Pacific *82y4 ~~ June-Dec 1st 72% 65% June-Dec s debs 76% 2 *82% *85% June-Dec 1990 70% Jan-July i 81% 86J/2 83 1988_June-Dec 1986 74 70% Feb-Aug 78!/2 9 • 80% *84% 84 1987_June-Dec 1991 4%s series __ >." 80% soy4 ___June-Dec 1989 69% _ June-Dec 1978 2%s 4%s Co 2%s Socony-Vacuum 25 & ■ 26 Mar-Sepf Corp 4%s conv debs 2%s debentures 1965 21 South 70 72% —_Jan-July 1980 Oil Oil 93 series DD EE Skelly 85 % series AA series mtge 4V2s 5s 4 ref 1st 4%s 5s series Sinclair 91% 89 "* " ref 97% 88% 10 85 refunding 3s series S 1983 June-Dec First & refunding 27/aS series T 1976 June-Dec First & refunding mtge 3%s ser U '85_June-Dec First & refunding mtge 3 %s ser W '84—June-Dec & 97% — Oil 93 I 1st ' 91% Union 62% ■ 72 Map-Nov debs debentures 1982 4%s Co 88% refunding 3V8S ser X 1984 First & refunding mtge 3%s ser Y First & refunding mtge 3%s ser Z 1982. 1977 5%s Pipe Line 3.20s Oil 85% & 4s 1980 Co— subord debentures conv 88 58% "65 Rubber 88% June-Dec First 111 721/2 Mar-Nov 1972 & June-Dec & 100/ Co— Co subordinated Roebuck June-Dec & 133 n/55 Acceptance Corp— 1979 refunding 2%s series P 1981 First & refunding 2%s series Q 1980 First & refunding 3y8s series R 1982 ' *97% 9iy2 June-Dec 1974 refunding 3s series M First & refunding 3s series N First __ June-Dec 1971 & First June-Dec 1970 J RR debentures Shell refunding 3%s series I 1966 & Line 92% 108% __ *89% debentures Service Electric Co— First & refunding 3s series K First & refunding 3s series L 2006 1971 B 100 122 *67% *84% 3%s "132% 88 ' *62% Jan-July May 1989 cons 85 115 266 *88 April-Ocf Depot Finance Shell Pacific Gas & ~~ 88% Air Seiberling 89% 85 103% *91% debentures 4%s 87% 53 91% *80% Roebuck Sears 101% 8 108% 113 May-Nou Seagram (Jos E) & Sons 3s debentures 1974 91 97% *93% 1989_Jan-July 77 99% 103% 112y2 120y2 112 120y2 91% 92y2 114 127 *102 June-Dec 1978 62 , 112% 114 Mar-Sept . 96% 46% 89% _1 - 100 " 105% ■ 95% "120 J 1968__June-Dec 1st RR Seaboard 4%s 101 100 Z~ 110% • Mar-Sepf Jan A bond certificates Nov 86 91 112% 115 England 1st gtd 4s 1989—May-Noo 3s "conv debentures 1971 Mar-Sept f 10 53 •4 1980 series Manufacturing 4%s debs s 92 __ 89% April-Ocf mortgage 3s series B Sears .. Jan-July 1982__May-Nop conv debs Duluth Paper 1st 81% 89 53 *87. V & New Seaboard June-Dec 5'/2s B series Union V Scovill 86 Mar-Sepf 1996-Jan-July 5s Ry Co— series A 1997 80% — May-Nov Mar-Sept 1983 Co 5 1st gold 77 Feb-Aug Chemical subord debs conv 101% June-Deo 3%s 1988 4J/2s 1987 Mathleson 84 y4 81% 78% 100% 12 4s & 92% 81% __ 103% 118% 1977—June-Dec .V 1990 4s Second 4s inc 3%s 1975 1979 1st mortgage Olin 89 V4 86 Mar-Nov 1987 mortgage 2%s 1980 mortgage 3%s 1982 3 %s 1985 1st 88% 85% __ debentures conv Louis-Southwestern Ry — First 4s bond certificates St '•* 81% 90% 101% 101% - 86% 79 16 __ 52 • 160 86% *96% 53 96% 108 . 159 Francisco income 5s • ~1 __ 103 101 % 100% 93% 105 92% *91% __Mar-Sepf Mar-Sept ...Jan-July 1969 1977 ■•Second mtge inc 4%s ser A Jan 2022, St 123 135 *75% „ J debs conv 6s mortgage 1st 78% __ __ gold 24 , *81% . __April-Oct High 98% Corp— Adirond'k Lawrence & Second Co— Electric & Mar-Sept 6%s V 92% ' ~~ Saguenay Power 3s series A 1971——: __ — *78% April-Oct, Oil Oklahoma 1974 3s 1975 1983 3>/4s series 5V4s 319 __ *81% April-Ocf 1977 Aircraft Scioto Edison debentures mortgage Rohr ; *80y8 *102 serial D *86 . »ZZ 1975 Low v. Electric & 1973 Jan. 1 No. 159% 159% 3y4s 1983_April-Ocf 3%s. debs_" , subord Gas *107% 159% r Range Since Sold 96% 96% April-Get Bonds High 100% —June-Dec Tobacco 3s debs Corp— conv 4 Vis — *78% J) (R Oil General — 104% 104% __ __ 81 y8 81 % 81% '88% 82%- 82% __ — *82 June-Dec 1996 debentures — Friday's , 1977_ Manufacturing Richfield - •:> . * Feb-Aug first mortgage 2%s 1974 First mortgage 2%s 1975 1st mortgage 3s 1978 1st mortgage 2%8 1979 First mortgage 3y4s 1982 First mortgage 3%s 1984 First mortgage 4%s 1986 First mortgage 4s 1988 1st mortgage 5s 1990 First mortgage 4%s 1991(Wise) 1st mortgage 2%s 1977 1st mortgage 3s 1979 1st mortgage 4%s 1987 Northrop Corp 5s conv 1979 or Bid & Asked /100 Mar-Sept Quaker Oats 2%s debentures 1964_______Jan-Julp Reading Co first & ref 3yas series D 1995_Ma|)-Nov Republic Steel Corp 4%s debs 1985____Mar-,Sepf,V < : . .. 1975 4%s -f*ebTitures Power Co— Btates (Minnesota) ) 1972 First and refunding mortgage Rochester Northern v May-Nop refunding mortgage 3y4s 1968-Jan-July refunding mortgage 5s 2037 Jan-July refunding mortgage 8s 2037-.June-Dec refunding mortgage 3s 1972__Map-Nov refunding mortgage 2%s 1979-June-Dec and First 1962 Week's Range Last Sale Price 1963 debentures First and ; 103/a 81 - 86% 56% 59/a 92 95 92% 93% 101 ; 5 85y8 58% 93 % 58% 3s .. 80 03 91 /2. 87% «8/4 98 /2 102 /a 99 /2 }J3 A 100% 103 /2 103% 104/4 102% 104 /2 102% 105/a 80 9* J 88% — __ 102 % Public fjj /s ' — — 103% 103% 105% 92 - — 89% *88% __ .. 1077 I debentures 1076 1 debentures 1980 f s —" - Period Low High 13 97 Interest New York Stock Exchange t. Low No. High 95 y4 *89 y8 *81 % *92% 97 Jan* A, Sold Bid & Asked Sale Price Ry first gold 4s Norfolk & Western . Monday, May 21 . (Range for Week Ended May 18) BONDS Range Since Bonds Friday's Low Ohio . Friday Week's Range Friday Interest BONDS Ohio . (2404) 32 —Mar-Sept 114% 114% 116% *927/a — 187 - 111% 128 91% 92% *88 Continued on page 37 37. 1 Volume Number 6161 195 . . The Commercial and Financial Chronicle . (2405) American Stock 33 Exchange WEEKLY AND YEARLY RECORD In the following extensive list we furnish a complete report of the transactions American Stock Exchange for the week beginning Monday, May 14,. ending Friday, May 18. It is compiled from the report of the American the on and Week's American Stock Exchange of Prices Par Aberdeen Petroleum Corp. class 1 Acme-Hamilton .Mfg Corp Missiles Acme Class Acme A Wire Acme Admiral 2B« common Products Plastics Inc_ Manufacturing Co Aerosol Techniques Inc Aid Shoe Stores Investment & Discount Airport Parking Corp Class A Alabama Power 4.20% Steel Wood 31 •' Co 6% May 15 5/a 8,400 2 Ya Mar • 60 % 700 16 Ya 14,700 "3 S/8 . 12% 14% 15% — 3Va 1,400 57% 64 Yz 5*7 ' 15,000 12 May 17% 4% 5 Yz 2,000 12% 15 Ya 15,600 15 y4 200 14% Feb 4% 300 ■4 Yz 5 8 May 3% ' 19 Feb 19% 81 % 80% 87 Jan preferred 88% 88% 21% 23 79 79 100 10 common 22% 100 All American Engineering Oo All-State Properties Inc Alleghany Corp warrants Allegheny Airlines Inc 4% — 1,275 ■ 25 86 Jan 20% Apr 5 convertible r5% . 82 4% May - 1,100 5% 9 Feb 6% 5,300 6% May 9 Mar 5 5% 3,900 5 6% 3% 3% 11 3 lOo 1 Inc Rainwear Corp Almar American of America Oil Ambassador Book Business American Electronics Co Systems American-Internatl American 6 % May 17 Yz 7- 7% 3% 1,500 7 May 11% Feb 3% 3,400 3 % May 6% Feb 84% 84% 84% 600 78% Jan 6% 5% 65/a 14,100 4"% Jan - 6% 53 Manufacturing Co Petrofina American Seal-Hap- Corp of Del Thread 5% preferred American 1 Yz 1% 2 Yz 2% 3% 3% 4 « _J Co__ Pools Anthony Inc Co. 3% May 4"% Jan 45 Yz Feb 40% 500 40 May 5% 16% 6,600 14% Jan 4% 500 4% Feb 17,000 5% Jan Co 15 % 7% 11% 9% preferred 46% 53% 4% 4% 3 5/a 12 14 May 17 % 19% 96 14% 16 37% 37% 39% 10 Apr 5,600 14,000 1,000 28 4,100 regular rets of Line •18% Feb 35,500 37 May 96% May 43 Mar 100 27% May 1% May 3 Jan 900 3 3% Jan 700 3% May % May 5% Feb he Mar 4ii 37/a 22,000 39% Feb Jan Industries 1,500 3% May 4% 2 Jan 27/a May 77/a 15% 167/8 600 15% May 18% Feb 11% 13 % 2.000 28 % Apr 9% 2,900 9 4 3,600 3% May Apr 51 51% 28% 28 30% '4,600 1 1% 12,300 6 Yz 6% 7 1% 1 1% 14% 1 1% 1 Corp Products 15 200 51 27% 14 57/a 56 % May Jan Jan 9% May 1% Jan 14 % May 18% Jan 9,200 1% May 14% May 3% Jan 5,600 14,100 1,300 5% 3 Corp— 25,000 8% 5% 5% 200 5% | 5% 5% • 6 7 18?/a 46% — 200 3,300 19% 2,400 48 400 7% C 7% 7% 21% 21% 21% 800 5% Convertible Chemical— los Banco de Banff 1 5% 5% 4,300 _ American 8,200 11% " 11 4% 4% ^ 500 1 11% 23% 5% 12% 6% Feb 13% May Feb Jan 18% May 46 57 Yz Cinerama May Jan C K 7io May 20 10. Jan 11 9% Jan Jan Cohu Jan Colonial 7,700 5,700 20% May 12% 12% 13% 3,000 12 Ya 1 14% 14 15 2,100 14 _50c 1% Beck Bell S) (A of Benrus Watch Berkey Photo Co 1 Inc Inc Blossman Bohack 5% % —4 3 10c — Hydratane (R C) Gas 1 Inc_ • Co common prior preferred- For 13% footnotes, IIZIIioo see page 37. Inc Ltd Co 1 11,300 26% Mar 63% 63 Yz 64% 150 Mar 64 Yz May 52 52 1 —1 10o 1° 25c —* —10o 1 .—1 Co 100 " 50 49 Yz *"56 37 % 37% 500 52 Yz Mar 41& 5% 26,300 4% May 7 7% .1,600 7 59 37 % May ■ - Feb 27 Jan 59 37% (! 47/B j 59 61 59 Mar { Mar 40 Feb .7% Jan 3% 3A H 1 .ft- 3% 1% • May ■*i:',-9-% Jan 5% May 27 Ya Jan 7% 5% May • 2% 9,300 14,200 % % 4,300 4% 4,200 5% May 8% 9 7,600 7% 8% 9% 1 Ve * ■' 8% 8% ' 47/a '4% 5 5 . 200 V2 713 Feb Feb Jan 10% Apr 8 % May 4% May 14% Feb 11% 1,100 1,100 5^ A ,.. 5,000 11% 11% 5 27,000 Jan 1% Mar 1% May % May 5% Feb 31 Jan 5% ~5% 6% Feb 13% Mar Jan 7% 4% May % ^ Mar Jan Jan 19% 19% 20% 1,400 18% Jan 22% Apr 25% 22% 27% 25,300 11% Jan 35 Mar 15% 16% 6,000 15% May 21% Feb 29% 29% 29% 100 29% May 3% Jan 34 % Jan 4% Feb 3% 700 4 101 94 94 2,000 94 110 104 18 % 114% May Jan 13% 13% 300 5% 111 Mar Apr 1 Jan Jan 7% Apr 13 Ya May 15% Feb 3,800 1% Jan % 6% 107% 108 ">8 10,900 5 17,900 5 6% Feb Apr 210 75 1% 1 May 71 Jan Jan Jan 75 83 1 73 YA 86% 24% May Apr Feb 19% 18% 20% 1,000 18 % May 29 28% 29 150 28 May 33 Mar 36 36 36 25 36 May 42 Feb 200 7 Ya 7% 5 6 6% 0% 600 "H H H 5,300 11% 11% 11% 700 55% 54 Ya 58% 25,800 21% 21 Yz 22 ~5% 500 9% 7% May Feb Jan May 15 6 % May 7 Jan 1 2,900 1U Feb 5 Jan 11% May 13% Mar 50 Ya Jan 62 20% May 23 Apr % Jan 1% iy8 1 1% 3,600 1 Apr 8% 8 Ya 8% 5,400 7% Feb 9% Jan 16% Jan 23% Mar Appr 18% 9,900 14% 13% 15% 57,000 13 Yz May 22% 20 23% 2,600 20 May 34% Feb 17% 17% 17% 8,600 14 Jan 19% Apr 5% 6% 1,900 5% May 13% 14% 1,200 13 % May 18% 11% 13 10,100 15% Mar 17% 18% ^ 6% 20% Mar 8 Jan Feb 7% 7% 7% 3,600 11% May 7% Apr 10 Ya Jan 12% 12% 12% 350 11% May 14 Jan 14 14 100 13% May 20 Feb 14 15% 17,300 May 19% Jan 4% 4,000 Jan 5% Feb 13 Manufacturing—4 -50c 15 Ya 1 Products Aluminum Colonial Corp Sand Inc America of & Co Oils vtc Caribbean Electronics Stone Feb Commercial Metals Feb 4% 4,100 1% May 2% Jan 1% 9,800 1 14% 1,900 Co_ • 10o 1 50o 1 Community mm 1% May 8% Apr 13% Apr , 9 15% 5 Co Discount Centers Inc—10c Community Public Service 10 Jan Compo Shoe Machinery vtc ext to Jan Compudyne Corporation Connelly Containers Inc Apr Electric 10c 12% May 22 Jan Consol 1,700 49% May 5Yz May 55% Jan 4,700 11% Jan 8% 9 1,100 8% May 10% Jan 9% 5,200 8% May 14 Yz Feb Smelting Ltd—• Ltd 1 Consolidated Oil & Gas Inc 20c Consolidated Royalty Oil * 1,200 8Yz May 26% May 14 3/8 Jan f — — 4% 4% 4% 1,300 4 Vb May 3 Ya 27/8 .3% 8,100 30% 2% Mar 5% 3,400 7% 6% 7% 2,600 35% 33% 35% 2,300 •-11 Consolidated Jan •. 9 Apr ' 140 33 98 May Feb 43% 102 Jan May - New ' .14 Sun Ray Inc 10c Continental Vending Machine Corp_10c Cook Paint & Varnish Co 15 Cooner-Jarrett Inc 1 Continental Materials Corp 3% % n 63% 9,300 24% 213/4 25% 9,100 18 17% 18% 3,700 • • . • 3% - 4% Mar Feo 3/4 -- — — Apr 31,800 1 Jan * 6 6 3/8 5 5/8 5 5/8 € Apr 213% May 17% May 5% May 1,300 6 10% Feb 38% Jan 20% Jan 8% Jan 2% 2% 2% 13,300 2 % May 3% Jan 37% 35% 38% 35% May 44% Jan 13 12 13 1,300 2,200 12 17 % Mar May 12% Feh 6 3/8 73/4 8,900 65/a May 4% 5 5 1,900 4% Feb 6 4,600 5% Feb 7% Mar 2,700 20 Ya Apr % Apr Jan 53/a 6% 20 Yz 21% »/8 5% n 2,300 1 Jan 4% 5,400 4 Apr 5% Jan 8% May 11% % Pacific 1 Construction Products class A 1 Continental Aviation & Engineering—1 .Continental Commercial Corp— 1 Continental Connector Corp cl A 50o Consolidated Feb Mar 4% Consolidated Mining & -3% tJan 7V8 May * 6% May Diesel Corp '65_1 25c 50c 4,500 102 ' 10 Co 7% 101 115 —1 Manufacturing Jan 77/a Jan Jan 15% 7% 4% May 50% 7% Feb 1 % —5 —2 2 — Corp— 18% ' • Apr Feb 21% May ■—1 r 19% 10 8,300 16 19% 5% 9% Jan 12% pfd 4% Corp 35% —— 8% 18% 1% 3,000 127/8 8% 3% 12% May 1,000 12,200 49% 10 8% Mar Jan 3,500 22% 6% „ 5,800 2% 24 3.50% Corporation Coastal Building Industries Inc— A 12% 6% 1% ord_2s 6d —1 10 Corp Apr 1 Birdsboro Corp Blauner's Class 13 2% Jan 21% 13% 1 _ Inc Bloomfield 4% 12% 1 Inc May - 14 Jan % 21% 49% < 1 Inc Frocks 14 1 50c Corp 1 1 ■ * 25C Canada Instrument Bickford's 7.50 Shoe Corp Telephone Belock Berkshire A common 10% Mar 11% Mar 11 1% $5 preferred-* Light & Lambert Corp Clayton 16% 14 May 1 new Jan 12% 15,900 Inc Apr 22 1 1 1 Corp Corporation Clary Mar 9 May 4% May 9% May 4,500 5% convertible class Jan 7% Ltd Co Controller Clarostat Feb 27 5Va May Barry 6% 9% • 20 of America Cable 6 6% 1 10 23% 5.50 Development P Club 10% 1% Apr Feb 9% 1% 19 5% Oil—I—16%c Foil Corp Circuit Jan 4% - Feb 12% 12% 5 & Light Oil Christiana Chromalloy 26 Ya Mar 1% 6 24% 15% * 50 -50 -50 Amer dep rets B Power 4% 6% 20% 100 10 8% Petroleums Ltd vtc-l & May 4% 23% 16 Yz * Chicago Rivet & Machine Chief Consolidated Mining Jan 7 Feb 5% May 6 Jan 15% May Jan 7% May Barton's Bearings 1 --1 ; Power 1 •10% 1 Apr —1 Ltd Maine 10,900 1 Ya 100 Co Feb 19% 16% 25c —-— _ Co— Power & Clopay 100 Engineering 15% Feb Ya May 4% May Co Cletrac 50c Wright Corp Candy Corp Baruch-Foster Corp Bay view Oil Corp common Apr 14% 3,900 M) Jan Inc Bargain Town USA Inc 11 3,400 Ya W) Jan • H 1,700 16% 8% May (J 5% 2,600 '• shares— 11% 15% 800 (A 4% May 3% May 4,800 4% Construction BarChris Barnes • 11% lo _ Industries Banner • 11% 1,000 Clausner Hosiery , Feb 3 15% 1,100 Cherry-Burrell Corp Chesebrough-Pond's ' 50o Corp Andes Oil Ltd ' ' . __ preferred Securities Baldwin 1 Inc — _ Jan 5 Yz 37% May 11% 8% & Son Inc Clark Industries Jan rets ord shares—3c 6d Clark Bailey & Selburn Oil 8c Gas class A—1 Apr 8% pref—100 100 Central Securities Corp common 1 $1.40 series B convertible preferred-* $1.50 convertible preferred ,—* Century Electric Co —10 Century Geophysical Corp 1 Chamberlin Co of America— 2.50 Charter Oil Co Ltd 1 Feb 15% 6% Apr 10% Central Feb 6% 16% 18% Mar 8 Apr 3% 29% 1,800 8 Central Jan 7% _5 7% 900 23,100 34% 8% Central Hadley Corp 337/8 Mar 1% 13% 10c : 5 h Mar 4-,Dff May 2% —1 Corp Catalin Corp Jan 2,800 1% 7% 4 3% 9 10 Jan Jan 4,800 15 7,900 Company—;—2.50 Castle Mar 1 8% 1 preferred— 1% 16 1 Inc com_ 14% 15 1 Co Inc Inc Common 7% 50c Inc Carter & lOo non-cum 10 % 9 3 5/a 3% 51 Yz 1 Inc Baldwin-Montrose B—-— Cities Broadcasting City Products — .—5 Kennedy Inc—.— — 1 Carolina Jan 1 412 31% Husky Oil Ltd Carreras Ltd Jan 5 • Industrial Corp Baker 1 1 * 66%c Carey Baxter & Jan 2,000 16,800 Centers Inc Collieries 7% 33% 10 Co_ Homestead Oils Capital Capital Jan 5% Inc 4 in0 - Feb Export Gas & Carnation Mar 2% 10 pesos Feb Feb 29 Ya Mar Canal-Randolph Corp Canaveral International Feb 3% 5p Development Corp Atlas Corp option warrants Automatic Radio Mfg 4^ 10c —1 Canadian Industrial Gas Ltd 2.50 Canadian Javelin Ltd ■ .—* Canadian Marconi —.1 —1 Canadian Petrofina Ltd pariic pfd—10 Canadianwide Properties Ltd 1 Canadian Williston Minerals— -6c Mar 5 9 Feb 8% Jan Canadian Feb 98 27 Jan 2% Co Corp Sugar Consolidated Mining Non-voting 11% May 93% 3% 13% 9% 17 Ya Jan 21% Canadian Jan 5% iuc Golfo Automatic Steel '6% 3% 33 %C Chemical Industrial Products Plastics 4% May 2% • lOo 14% 6,000 preference— Canadian Feb 800 % Jan 25% Fire-insurance 6%% Mar 3,200 % Jan 24 Ya Canada Southern Feb 79 ,,34 1 America Co Associated Testing Labs Astrex Inc Devices 11% Apr 14% May 160- £1 Stationers Supply Sewing 9% 46% May 1 Associated Atlas }g Feb 3 25% Cement Co Ltd common Canada 4% Mar Jan lo Oil General 3% 3,700 - 1% 39% 36 ' 713 May 71*8 Feb Campbell Chibougamau Mines Ltd—-1 Campbell Machine Inc_. ———1 Canada Bread Co Ltd —" Industries— Laundries Atlas •> ' 4 2 3% del 27,200 i36, May 30c preferred—. 6% Feb 3 Coast 16% May 2 Jan Inc•—— Camden Feb 14% May 7% Jan 8,600. f 14 95% 96 1 Research 15% 30 28 Ya May 29% Mar $3.0Q preferred $2.50 preferred Jan 3,400 • 4% 15 14 4 Gas 157/a 700 300 6c Edmonton Corp Ltd California Electric Power common Feb Yz 1,800 8% * 34 Yz 25% May , 40c & 1,700 13,300 27% Calgary Jan 1,100 •- 12% 47 Yz • 7% 3% 1 com Associated Ayrshire 15% 16% 3% 2.50 Associated Atlantica 14% 14% Inc deposit 29% 27% Enterprises Cabol 6% Mar 4% 26% May % Feb pfd_100 Associated Food Stores Inc Atlantic 300 27% Gas Electric American 30% 2^ Apr Mar 15 % (J P) 18 % Mar 4,800 16 ■ Corp Ltd Electronics Oil 28 267/a y warrants convertible Associated Avis Jan 12,300 4% 5 pfd_^100 50c 4%% Aluminum Co Altex 30 28Ya- __ 4% Jan 3% 5% 1 —_——— & Asamera Avien 4 2% Apr 1 Arkansas Power & Light 4.72% Aurora Feb 500 • 15% ;. 35 Jan 1 3,000 13% May Jan Ltd— Shoe Co Jan 32 Ya Jan 7% 6% 100 10% Co Inc BVD Jan 16% 5% ——1 :20c : Inc Louisiana Arkansas Audio 65% ' Apollo Industries Inc Appalachian Power Co Atlas May 16 % 1 : &,Film Corp.; Chemical Chemical Atlantic 8% Mar 9% May 4% May 2 __5 —5 :20o 2 Corp Angostura-Wupperman Atco 40 40 Anglo American Exploration Ltd 4.75 Anglo-Lautaro Nitrate Corp 'A' shs-3.45 35c 53 1 A Mines Ltd, Radio Arrow 4,800 1% Anchor Post Products Arnold 1,000 4% 2 % 12.50 class Inc Writing Paper Anacon Lead Armour 195 9% Jan 30,500 5% May Burroughs Butler's 50,400 13% 33 12% May 23 Yz Jan Burnell & Apr 4% 11% 4,200 American dep 7% Mar Jan 11,000 (The) Mines Burma • American Argus 54 Yz 4% 4% 5 100 9% • 50o> Inc___. American Ansul 6% 85 Hill Jan 45 6 preferred preferred serial 32% May 2% Mar 13 Industries Bunker Jan 4 1,200 5% convertible Buell 17 % Mar Jan 36 12% F Company 6% Jan 2,100 25o American Anken 9% 5,000 9 £1 MARC Jan 14 12 Ya S 2% Feb 5% Budget Finance Plan common 60c 7% Apr 500 B 6 Jan 12% Inc Ltd class Mills 2% May 2% 28% £1 Co L) 6,100 2,800 32% 13'% 33 Mills Ltd— shares American 14% 6 Yz 1 Aluminum American Israeli Paper - 10% May 12% • Inc Inc 77/a Bruck Feb 3% 20 American 1,600 6% Rubber (E Jan 3% 2% 25o Inc— Co preferred 4% 19% Ltd— Co common Bruce 9% Mar 7% —1 1 Corp American Andrea 75/a 8% Apr 3 Yz May 9,800 11% Apr B Jan 15%. Jan 1 Distillers cl A com__30c Forman Brown Jan 8% $3.75 pfd_100 Corp Beverage 17,100 4 10% 13 1 Inc. Aluminum Co 6% * Company Class May. 5% ... 14%.May 10s ord reg—— rets dep Instrument Jan 6% 50o Corp Unlimited Alsco 8% 5% 10 Allied Control Co Inc Paper 5% May 5% May 1,700 £1% Allied Alloys 6 % ;1 6% preferred Petroleum Amer f 3 300 .-/..7.. 10s Power Brooks 6% Mar 1-6,000 > High 3% May 1,800 - . dep rets ord bearer dep rets ord registered British Jan "5% 1 Allied Artists Pictures Corp common_l 5%% American Tobacco— Columbia • —__1:. —• Co Oil British 89 ' Feb 30"% Jan / 77% Apr Ltd Petroleums Amer 107% Mar 50 1 * J — American Brown lOo 1 Rubber class A & Corp British Kunstzlde N V— American deposit rtcs American sha-- Tire 32% Inc Works British Algemene Alliance 33 Yz - 4 % 24 % Mar 80 Yz May 9 YA -2% America Gear Brown 1 Inc May 140 7-% Low 3% -2% Britalta 5 s/8 Mar 500 , 3% 71/4- • Range Since Jan. 1 High 3% 20c Foote Bridgeport Gas Co— Brillo Manufacturing Co—— 15 Ya May 17 'Jan Jan Low ' • 14%.X15% Breeze Jan 17 ' Shares . 15 3 Amer 19% —1 ——1-50 JBrandywine Raceway 87% Mar 9 5/8 Mar 15 5% -'14 for Week --1 10c Brad Feb ■ Sales Range of Prices' Assn —1 Brazilian Traction Light Ac Paw ord—* Jan 13% Jan 3% May 57 Yz May 13% -"Par I ' Corp Bourjois Inc—I Howling Corp of •3% May 60 preferred Airlines 2,400 Week's ; Last Borne Chemical Co Inc 2% Mar ; Friday ' 1 Sale Price •' • . Chica Oil Bolsa /Jan 8% * Southern 5% 8,900 ; High 3% '25/8 _1 Inc —— Great Alan 2% May 1% May 1,400 2 u,.. ' American Stock Exchange of America— —.— Alabama Alaska - 12 lOo 1* 1 1. 10o< • Corp Dynamics Aerojet-General Corp Agnew Surpass Low 2% 7 3% 10 Co Aero-Flow Aeronca 8 % -1. Inc.. Range for Week Ending May 18. Range Since Jan. 1 High ;2% 1% v.< any STOCKS Shares is intended to include every security whether dealings have occurred during the current year. and bond in which 5 Construction Corp & Precision Low 12 %/ lOfl iy8 itself Exchange or for Week Last Sale Price stock Sales Range ^Friday STOCKS Stock 4 4% 24 Ya Jan Feb 83/8 ~5% 9% 2,600 1 Ya 38,500 3% Apr 1% Jan 2% 300 2 3/4 Apr 4% Jan 9 1 7/a 23% 83/A 9% 9 Jan . 53/4 53/4 10 9 9 1% 1% 13/a 8 6"% 20 3% 6% . 1,000 5% 300 9 2,000 Apr May 10% Mar 6% 16 Feb Feb 1% May 6% May 2% Jan 83% 17,100 18,000 11% Feb 19% 20% 600 19 Ya May 25% Jsn 6% 6% 1,700 •• 6 % May and Financial Chronicle The Commercial . . Monday, May 21, 1962 .. (2406) 34 AMERICAN STOCK EXCHANGE (Range for Week Ended May 18) Week's Sales Last Range for Week Sale Price of Prices Friday Friday Week's Sales Last Range for Week STOCKS Sale Friee American Stock Exchange Reynolds common & class A Cott Beverage Corp Cott Bottling Co of New preferred $1 17 14% Apr 16% Jan Garan 800 22i/4 Feb Gattneau 400 19% May 20 Feb 21 Jan 900 7% May 20% 7% 7% 8 7% 7% 7% Central 8% ~1% 1% 1% 39% 37% 39% 7% 7% 200 5% General General Development 2% Feb 5% 5% 4% 8% 4% 4,000 Apr Feb 7% Mar 1,200 13 % May 171/2 Jan 4 1,100 3% Mar 5% Jan 1 200 6% 6% 12% Co 6% Mar 260 8 35 Mar 21 Feb 9 Feb Jan 16 Mar Jan , 15% Mar 23 29 31 11% 13% 16,700 8% 8% 100 13% 13% 13% 4,400 9% 13% 13 y8 13% 2,300 9% 11% May 8% Apr D Davega 5% 1% Mar Jan 3 Mar 12% Jan Goodman Manufacturing 7% May 10% Jan 5 is 1,800 1,800 518 Jan 30% 30% 70 11% 12% 2,200 9% 2,600 9 24% 28% 31 Feb 11% May 8Va Jan Mar 12% 8 9% 7% 23 Va Mar 29 Va Jan Gray 30 149 Va Apr 7% 7% Jan 8% 8 8% 12 ' Feb Manufacturing , Great 9% 6,800 12% Jan Great A % 12,600 i7« Mar % Jan Great 5 Va 5% 1,100 4% May 6% Jan 9 3 Va 2% 3Va 3 2% 3Va 511 Apr 6% 2% May 5% Jan Greer 5% Jan Dorr-Oliver $2 5% 6 2y4 Feb 12% 3% Mar 5% 6% 4,400 4% Apr 8% Jan 14% Jan 25% Jan 10 10 10 10% 5,200 May 19% May "9% "9% 10 1,200 9y4 May 11% Mar 17% 17% May Jan 18% 6,800 15% 15% 100 -7.50 14% 16% 6,600 14% May 18% 32410 1 : (The) Corp Brewery Ltd 40 40 50 39 May 43 9 2,600 7 Mar * 9 8Va 15% 52 Va • ■- 34% Corp 34% Harris Driver 36% (The) Co Hosiery class B Duraloy Durham > D"ro Test Duval Corp Dynamics Corp of 14" 100 9% 7,800 87/e Industries Feb H 30% 31V4 700 28% 35 ■ Freightways Eastern States 12% 2% 2% 2,900 1% Apr '2% 2% 18,400 2 Va Jan Feb 12% 5 14 15 12 2,000 7% 200 7% 8% 5,900 29% 3 Feb Hall Lamp 45 Feb 26% 27% 2,300 9% 9V2 2% Feb 12% 5% 10% 34 2% May 12% Jan 9% Mar 28% May " 21,600 Apr 3% Jan Jan 7 % May 19,800 13% — 6% ; 4% 900 9% 10% 1,400 42 Apr Mar 4% Jan 15% Jan Feb series A $6 preferred series B Edo • Mines Electrographic 16% 1 Electronic Assistance Corp Electronic Electronic Research & Emery $2 Erie Corp Forge 6% Eureka Evans 11,300 1% Jan 300 16% May 20% Jan 10,800 10 16% 8% May 13% Jan 4,300 15% May 5% May 24% Feb 22 May 32% Feb Apr 10 Va Jan 6% 5% 6% 5,500 5% May 8% Jan 3% 3% 4 2,700 3% May 5 Jan IV* 6% 7% 1,500 6% May 9% Jan 4 4% 1,100 4 May 6% Jan 6,000 32 Jan —— z 36% 36% 4% 3 Va 10 3% 6%:: 6 Ltd $1 10 Va 1 — <ur 10c —10c 5 Jan Jan 3,600 2% May 3% Jan 7% Mar 6 400 5% Mar 700 10% 3,900 9 2,000 4 10% " A - * Jan Jan 15% Apr May Feb 7 Va 17% 3% May 9 Jan 5% Feb ■h i3b 3,400 8% 10% 1,400 8% May 13% Mar 5% 6% 24,400 5% May 11% I30 1 Inc Jan May 11 % 3% 4 25c Co Corp Fairmont 5% 6% Chemical Falcon Co Farmer Drilling Co Candy Shops Inc_ Uranium Mines Ltd 6% Felmont 3 Purchaser Petroleum Filmways class A IB 10 % Corp 5% Inc Financial 1% —25c General 7% 10c Corp 17% 2,300 '5% 1,900 6% 2,800 28% 2,700 6% 28 Faraday Fargo Oils Ltd Federated 6% 6 4% Seaboard Fanny (Paul) Inc National Corp Realty Jan 31 Firth ll°0 114 13,300 3% 19,600 10% 2.100 2% 10 5% 8,900 6 7% 1,800 18% 8,100 6% 17 Fischer & Fishman Flying Ford Porter (M H) Tiger Motor Forest City Fotochrome Fresnillo Friendly Puller 2.50 of 1 6 8% May 7% 4% May 6 % May For footnotes, — 8% Co Lithographing Inc Havana Industries Haven Hazel Bishop Inc Mining Co Jan. 7 Va 100 7 Va May 10 2% 3V4 25,200 2%..May 5 Jan' 8% 1,700 12 v Mar 2 5% "50 8Va ~4% ., 1 1*6 .4% 4% , 13% 8-, 4% 1S6 18 18 19 Feb •* 5% Feb 1% :5% Jan 6% Jan .18 1,100 , Jan 1 r/15%. Apr. 9% Mar, . Jan 41 *„ Mar ' % Mar ' . 86,300 Jan. 16 „ Jan .4% May % 3,500 f % 13%: ' Jan «,r26% 3% May Z 1,600 11% . . 13% May ioo 4% 4% 12 % Apr. .Feb , 1 Va May . 1,100 4 2% Jan. 40% 3% 3% . Z 8Va 4% May 4,400 13% May 25- .'1,800 i% -. 1 Va . 30 '' 23 May. 3% 10% 23 v Jan Jan 6,300 17Va 9Va 9% 3,600 20% 8% 20% 20 ~4 4% pfd & Co 5%% (W E) 100 Helmerich & Payne Inc 1 25c .—10 50c Manufacturing Co Highway Trailer Industries com 5% convertible preferred Hill's Supermarkets Inc 7,900 1,300 14 % %' 11% 12 Va Hoe 11 11 Va 17% 5% 16 9% Jan 135 8% 135 9% i% 2 Va 20,000 5 5% 700 19% 1,100 V 8% .9% 4,200 ; Finance Ltd Co class 2% Fen 11 !/•> Feb 14%'Mar 2,800 7 Va Feb 10% 1 Va May 1 Va Mar 25 Va Jan Jan 2% Apr i/2 May 20 Va Jan Jan 44 Va Apr 3 1 % l7/a 12% 11% Horn (Geo Horn & A) 13 Hardart & common Hoskins (The) Mfg Co Motors 40 15% 700 14 Va Mar 18 % Mar ll7/a 10% 12 y4 6,300 10% May 15 Va 10% n% 2,700 lo% May 14% Mar 29 30% 900 29 May 132% 137% 140 131 May 26% 1,600 24% May 42Va Jan 97% 30 97% May 101% Jan Hubbell Class Hudson Hudson 24% 97% 33 % Apr 6% May 9 % Apr Jan 22 Va Feb 18% 900 17% Jan 28% 29% 1,300 28% May 34 22% 21% 23% 2,700 19 Va May 28% 27/a 2% 28,100 2 % May 5 19 5 & Manhattan Corp cl A—;—10 Vitamin Products Inc *—1 18% 18 10c 1 2.50 5 Inc class A com (Harvey) B : common-, Manufacturing Hydromatics Inc Co Hycon , : 3 8% 7 8Va 7 8% 7% 20 6,500 20 * Jan Mar Apr Magnetics American Corp 7%' ord rets 30% Jan 16 Va Jan International Apr 14 Jan Intex May 160 Jan Investors Jan Investors Apr 8 1,400 7 % May 35 1,100 33% May Corp Homes Co Breweries ■ A America Royalty— Jan Iowa Jan Public Service Irving Feb Israel-American Oil 14% (N Y) - Co 15% Feb Jen Jan Jan 14 % octil 10% M^y Jan 2u 7% May ' Feb ' 800 7%' , .7% May Feb 8% Jan 3,100 40% May 49% Jan 1,800 13% May 17 3,400 100 3,100 7 A 8% Apr 7 Jan Jan 8 Va May 12 Jan Feb 90 Jan 8 % 9 88% 88 4% 5 5% 25 23 11 HVa 300 5 ,90 89 92 Va 8,000 89 May 5% 4,200 5 May 7% Jan 31% May 39% Jan 8% . 110 1,200 Va 1,300 23 May 800 1,100 500 1 1 —10c 35% 14% Apr 107 Jan r-o Mar 5 Jan 7% 6% .Tan 8% Mar • 2% . 400 ; 3,800 3 23 22 % Jan Jan 3 Va Feb Jan 85% A^r Feb 14% May 24% 20 Va 22 % 21 % May"' 29% 500 21% % 23 Va 2% 80% 3 16% 16 16 pfd—100 , 10% Feb 7% M°r Jan 6% . 7 4% May 5 5% . 85 % 900 32% 5 6% • 6 Va 25% 31% ~5% 5 .1 - 5 5 % cl A—5 . 3.90% Corp ; 7% 1 , Manufacturing— Air Chute— Jan 42% 13% i - Iron Fireman 40 Va 40% 33%c Funding.Corp 6% , Inc Products 13 - class Corp of North Oil Company4. 9% ' 4 25o —1 1 International Holdings Corp 12 Va May 10% May - 50c Inc 20 Va May Credit 7% 40% reg Electronic Hardware Corp Co 7II 7% £1 Imperial Oil (Canada) • Imperial Tobacco of Canada— —5 Imperial Tob of Gt Brit & Ireland—£1 Independent* Telephone Corp 1 Indianapolis Pwr & Light 4% pfd_*.100 dep International 5 • 33%o i Feb 5 21% Mar . May 20 1,500 21 May 7 800 Jan 9% 5,500 Feb 190 1-7 % 6% 18% 30 900 2,800 7% 6% 18% Co Feb Mar, 36 1,100 31 30 1 Electric Howell 35% 1,200 37 15 100 2.50 preferred 5% i 5,600 Jan 39% • • Co 1% u.xi Apr 15% -7.50 Co Hardart Baking & 20 2,800 2 11% Hormel Ct °/4 Jan 2,000 • Jan 2,600 Feb 7,200 A 6% 11% 12% 8 Va Group Inc Insurance 8% May 8% May , 12% Holophane Co Inland 135 Jen May 7% Holly Stores Inc Inland 6% Jan 18% Mar 6% 26% 1,100 Oil Jan 3% 1 % May 5 2,400 Home Feb 16% May 2% 1% Home Jan 4 3Vb Mar 14 Feb Mar 12% 21% Feb 5 Va 37. 1 7/B 5 1 Va Feb 6% 7% 600 14 21% Feb 5 34 14 Va 19 Va 14 12 Feb ; 15% 10 % May 7,900 Z- 3,400 3% 5 50c 1 • 1 3% 5 7% 80 50c J art 50 Apr 2% Mines—: Jan 3,400 100 %' May 12% Inc Jan 21 Jan Feb 21% Mar Jan 47% 40 25c Industries Hollinger Consol Gold Holly Corporation Jan 8 Feb 106 Hofmann 4 Jan Jan 22% 80 Va May Hoffman International Corp Jan 5% 14 Va 2.50 A 1% 14% May 10% May 11 9<*% May 3% 10% 3% Jan Feb 77 11% 1 Va 12 Va 800 ioo Jan 17% Feb 26% Mar 19,200 % Jan 4,400 .. J an , 13% Mar 5,100 33 29% 102 101 ,/ Apr Feb A —1 (R) & Co Inc common lVa 600 101 Va Jan 9% Mer '. . 7% May 33,600 8% 1% Mar Apr 10 3,000 13 Va Imperial Chemical Industries— May *..*% 4,900 11% 11% A May 12,803 8% 8-v 8 21,600 " Feb 5% Mar 7% Mar % Feb Mar 77 6% May 1,500 11% "warrants" Hotels ' 14% . Apr 1,400 7% 8V4 3% A 10c 10c Inc Products Gallon Higbie Hilton 3% 4 6% 7% 1 Va* Aor •z 24% Jan 7% V Fehijr Feb 12% Mar 8% May , • 20% May 72 1,300 100 preferred Hercules 20 8 % 30% Heller 28 May 8% May ; 2,000 75% 26 IMC 2% Jan 4% -6- 12% May ,900 9 8% 74 * i: 3% May ■'•^16% 57,400 9% : 3% May ■ •'2,500 19V4 12% 15% 4% 11,100 4% 3%/- 16%° 277/a Jan 10 44% Mar 46% f i. 15,400 16 % 32 % 13% 4,000 12% 12% 28 Va May 17%'- • 300 14,600 * 29% May 6,900 3% 7,600 32% 3% , 33% 28% * 11,100 7% , ■ 32% 16%c Co Instruments Corp Apr 5 Va 34% page Jan Jan 'Z 4% 257/a 25c , 9% 5% 5 see 8 % 2 43,800 .8% National Kosher Foods Inc__50c Hebrew 31% 1 10c Co : 23,600 5 Va 2% 1 Feb 26 '/a 1 — Company Inc 5Va May \ ,2,200/ 6V4 V 2% 7% 1 2 10e 10c 10c Mfg Co 2,300 16% 2% 12% • A) 6% 20% 12 Va Canada (The) 7% 2 Inc Inc Enterprises Inc 5 16% 2 Va Co Co Line Frost (Geo 4% 8 — Sterling Inc Apr 10% Mar 5% ——25 Light Electric Industrial Plywood 10c common 60c convertible preferred 30 „ Jan 4% 1 Inc Radio Co Inc Harvey Jan & Construction Warrants 8 Va 2% 1 10 — Harvey's Stores class A Indust First ,26% May , 5% 31 % .1 Hydrometals Inc Hygrade Food Products Fabrex Apr 21 Va Mar 47/a 39% Mar 103 - 55% 1 16% 1 Jan 49% May -1 _ 4 25,300 9% 750 51 2% 99% Feb — 4% 4 49% , 39 — — — 1 common 28% ; 15% Jan Apr 2% ,; % out Co Stores Hastings Class 6 % 1 Electronics Exquisite Form Indus Jan 5,800 10c Corp preferred Corporation Feb 22 Va 4,600 —100 j. Rule 1ft 16 Va 165 15% May li'e May 12,500 preferred & 5,200 Feb 7% —20c pfd Inc_ Radio 25 17% 180 7% Ero Manufacturing Co Espey Mfg & Electronics Esquire Esquire * 170% May 158 % May 24% • Steel 1st cum 50 1 Corp 12 200 1 ;; Harn 30% Mar 5% common & Feb Jan May 6% , 1 convertible 8 May 5 23 22 Va • Zi Empire District Electric 5% Equity Feb 7% of America Freight 53 42 23% Inc Air Jan —250 Facilities Corp Emerton 8 Va 15 Va 16 13 Va —500 Co Missile Electronics Corp El-Tronics Inc Emenee 1 Associates Inc.—106 Specialty Electronic "8% lOo Communications Electronic 16 % 1 Corp 15% 9% May 6,000 170% :L72% 1A Ltd Dev and 24 158% 158% I—I Corporation Elder 172% • ' 7Va Feb 1,200 6% 5% 4% May 700 44 23 1 preferred Jan 13 % May 200 ,9% 5 Hamilton Electro Corp 17% May 6% '900 2% ■ $7 4,400 Feb 2% May 2% ... ■■p- 52% May 3"% 1,000 3% 4% "9% 20o common 3,400 Feb Jvj.ar 17% 10% May. 11% 27% — 10c —2 * 25c Hartfield 3 28% 1 Inc Corp Jan 23% American Corp & B Jan 7% 1 Company Eastern Feb 23% 32% Mar Apr ' Feb 4% "3 28 Eastern 16 22% May H 13% 2,300 2% A Jan 17% Mar 15 Va * ; 20 11% lOo 1 Inc class 16% 4 400 Helena Rubenstein Inc Devices Co Jan May 8% May 2,500 12 Inc Apr Heinicke Air Jan 16% Heli-Coil Can 14 14 Feb 35 23% 14 Western Industries.; & Gulf Mar 97/s May E Eastern 600 2% Gulf States Land & industries— Gulton Hecla Eastern 29% 11% May A\ Jan 2% 4——-r~ 17% May 18% 10% "8% America 8 31 Corp— 10% May 17% 11 15c J* Corp 14% Apr ; 23% May ' Apr 16% — Corporation—. Harnlschfeger Corp ,— 18%, • Sulphur & Potash Co Dynalectron 13 500 10s 1 common new 20 % 800 36,300 Co — Land Gulf -American Hartford common 6,100 " ■ JAn 99 22% Company 4,500 1 Dunlop Rubber Co Ltd— American dep rets ord reg 103% 17% Mar 34% May 7.100 5 Co Jan , 16% 50c 9c 13% 13 13 1 Drug Fair-Community Drug Jan 12% Stores Hardeman Drilling & Exploration Co Feb 1% Feb 20% Mar 17% • commoti 1% May 11% 23% Hydraulics— Warrants— , • Ltd Co Dorsey Draper 10% Mar 900 • Ltd Co 11% .— ;—1 Products— 5 Grow Corp (The) 10c Guerdon .Industries: Inc class A com—• Apr Feb; 300 2% 11 * preferred Dow Jan 2% 10% 2% Coal ord stock Chemical Inc 518 518 Bridge Co Ltd & 24 10% ' Grtdoil Freehold Leases 5i36 100 1 Dome Petroleum Ltd Textile 23 Va 23% 11% Co 2% May 2,300 2,200 10s 1 —4 Research Tar 21% 24 Industries Inc 10c Basins Petroleum Co 20c Lakes Bowling Corp 1 Lakes Chemical Corp— 1 Western Producers common—60c nreferred series A 30 Great Feb A 9% reg Dominion 900 / Great American 6.200 144% May 7% Jan 5% A conv Dominion 4,800 — Jan 500 9% Steel & 1% 11% Jan 17 12% Mar 700 25 144% 144% Dominion 1% 11% ■ 100% May 94% Jan Printing Co Inc class A Gorham Corporation Grand Rapids Varnish 25 Dominion 1% Jewelry Gordon Grocery & May 1 Good way Ltd— Chemical Dixon 11 Va Goldfield Consolidated Mines 1,100 Ltd dep rets ord 7,500 12 7,800 Grlesedieck Amer 12% — 7% Product* Diversey Corp Dixilyn Corp class 11% 1 Inc 5% Engineering Co Dllbert's Quality Supermkts com_ 7% 1st preferred Co 11% Knitting Mills Inc 2% Products Distillers 13% Mar ;— 7% A Oils Jan class B Systems, Inc 4% Manufacturing Industrial Devon-Palmer 10% 1,800 14 2% stock Gasket & 40 % 15,700 9% 7% Productions Inc Detroit Gobel, (Adolf) Mar 4% May Apr 13% 33 Va ' ' 4% ~9% Stores Mfg class Dielectric Gloray 5 3ih Mar 32 Va '12% 23'% ~2% Inc debenture Detroit Jan Apr 7 100 4A 32% 13 Corp 5% Dennison Desilu 8% Jan 33 Distilleries 5% Jan 4iV * 52,500 7% Feb 15 Va Mar " 5% May 900 12 Va 14- 4% 5,100 10% £1 com 1 Dayco Corp class A pref C Transit System inc cl A com 8 °/r 5 Jan 2% __50c 20 D Dejay 6Va 11 ' & —5 . .-2.50 common— Brothers Inc Mines Day 6 50c Stores Corp preferred Davidson 5% 4% BOi Crystal Dairies Daltch Daryl Industries Inc 1 Union Co Inc Globe 12 1% May 5% May 10% May Co Security Globe Jan Mar 6% May 7% May 7,500 Glass Tite Industries Inc Glenmore 1,600 1,000 6 Jan 98 Apr 2 Co (AC) Gilbert 7% 1% 1% class A n-v. Yellowknife Mines Ltd I— Gilchrist * 21,800 5% Corporation Giant Foods Inc Giant 7% 35% ■ Corp Controls Giannini 1 ~6% 18% 1 % Feb Feb Stores 5 5 % May 5% Genung's Incorporated , Georgia Power $5 preferred$4.60 preferred , 11 -2.50 Plywood General Jan 14 High 28% May 96% Apr 1 Ltd— ord reg— Co dep rets General 800 II—1 Corp_ Fireprooiing General Jan Jan 6% 3% Co American Feb 10% Electric General Jan 43 900 7% "wts" Feb 13% ——250 common Acceptance Alloys Co Builders Corp—- 3 Corporation B General 1 12 30 1 11% Mar Jan Jan 11 28% " 5% General Gas Corp -i 10o ——* • Curtis Manufacturing Co class A • Cutter Laboratories class A common—1 Tobacco 37 Va 6% Jan Feb 7% Jan 8% May 1 % May 7,300 9,600 8% common .-100 9% ,4% 500 100 Corp—'25e (Md) B Petroleum Crown Drug Co Crystal Oil & Land 518 518 518 Range Since Jan. 1 Low 11% Co Power liy2 Apr Shares High 29% Inc preferredGtllman Mfg Co General 7% 2,100 250 —1 Corp Crowley Milner & Co Crown Aluminum Industries Class Jan 400 20% (ord reg) receipts dep Crose United Cuban 17 14% 20 201/4 £1 Cox Instruments Corp 1 Crane Carrier Industries Inc (Del)—50« Creole Petroleum Corp S Cresmont Consolidated Corp 1 American Cubic Jan 14% ' 1.50 England—1 Low G Feb 19 % % 14 20 Ltd— Courtaulds Crown 18 17% Jan • -1 -* Inc Corroon Exchange Par High Low High cl A voting—* * Corby (H) Distilling Ltd Class B non-voting Coro Range Since Jan. 1 Shares of Prices Low Par STOCKS American Stock j Mar ; Volume 6161 Number 195 . . . The Commercial and Financial Chronicle (2407) AMERICAN STOCK EXCHANGE (Range Friday Last STOCKS American Stock Exchange , y Glass Jeflerson Construction Asbestos Jefferson Lake Series B 17% 19% 4,900 3% 3% 4% 2,400 17% May 3% May 7 7% 1,100 7 6 % ~6% 6% 3,900 6% 3% 3'/4 10c 3 27/a 3% 1,200 7% '7% 2,400 9% 7% May 310 3% May 2,800 Mt 414 Mt Feb Diablo Mount MPO ' •: ■ ; v; . Kaiser Kaltman Kansas Katz K . Industries (D) & • •• Company 4%% Drug Companv Kaufman Kavanau Chemical Kawneer Co (Walter) Kilembe 10 Va .40 95% 22 300 12 % 15 6,900 Jan May 12% May 26% 18 _12.50 16 Ya May 21% 7,200 33 50% 23% 7,100 10% 900 9% 2.50 Ltd 11 Va 2 1 in 18 700 12 2 i3a May 19% May 9% May 11% Mar v •. 7,600 25 class 1 A Inc 1 ^ 12% 7,900 ,500 Apr 1% Kingston ProductsKirby Petroleum Co Kirkeby-Natus Corp 1% May 2% Jan Feb 3% Feb B Kleinert Klion Dept Stores (I B) Rubber 4,600 % 7% Jail 200 .4% 400 22% 22% 13% 13% 18,500 21 900 14% 200 23 241/4 14,100 2 2% 5,800 2 6% 7% 5,100 7 ~23% 25a • 5% M0,200 31 Apparel Jan 19% May 14% May 24% Lake Shore Electronics Corp Ltd Mines Jan 22% May 28 Va Feb May Equipment National Presto Rubber National Steel Union Jan 7 Jan , ' —— * 5% - 5% 11 Video 14V8 May 25 V, Jan Nelly 25V4 Jan Nestle-Le 4,200 10% 2% 2% 31/4 400 4% 4% 1,500 Lamson Corp of Lamson Lanston Co Industries Larchfield Corp 1 Lee Filter Corp Lee Motor Products Lefcourt Le Tourneau class '6% Steel 1% 1% 1 16% 16% 17% 12 12% 27% 32% 8% 1, i 0 ■' —10c 15 Electronics 2% 3 1 4% 4% 4% 5 27% 27% 27% 700 9% 2,000 10% 11% 900 13% Gas Louisiana Land Lucky Service Friday & Lynch Jan 25% Jan 12 15% Mar May Jan Jan 8 Va 8% May 14% 11% 400 , - Lead -1% 12% 12 17% 16% 18% 5% 18 19% 73.v —30c Inc—10c 5 —2.50 20 1,800 Norfolk Northern -Mar 35 Va Nuclear 80 % Feb 27% Apr Oak May 29% Feb : Occidental Macke —-1— 7% May Airlines Magellan Magna Maine Inc » Ogden Argus • Tire Rubber & International Marconi Communication Martin-Marietta Marine , Ltd Co * McCrory Corp McCulloch Mead Oil Mfg & Merchants 24% 22 20% May 7% May 32 Va II Va May 40% 7% May 10% 900 7% 7,100 31% 11,200 28"% 28% 29% 4,400 28% 10% 3,900 11% 9% 10% 50,300 3% 3% 68,100 1 40% 4% 116% 121% "6,100 40% 39 4% 4% 19 V a—1 Corp Ltd 5,300 . * 4,800 19 % 1 • , Metal & Thermit Corp— Industries 100 % class Associates Oil Mid-West Midwest - New Apr 5 Va % Jan 5% 38 Feb Miller Wohl Co 10% May 13% Apr 4.80% redeemable 6% Jan 4.50% redeemable Jan 4.36% redeemable 6 • " Mar 8% Apr 2% Jan 4 113 12% Mirro Power Aluminum & May 142 Jan Pacific Mohawk Airlines 42 May Pacific Jan Company 19 21 Va Jan Feb dividend - May % Jan 1 Monongahela Power 6% 500 10% May 9% May 12 17% May 4 % Apr 38 Va Pacific Feb 10 - 17% 21% 13 12% 13% 19% 20 800 8,700 1,900 500 12 % 3 V4 12 % 11% 13% 19 18 20 6 Jan Pacific 12% Mar 15 May 1,500 6 34 Mar 25 600 pfd—100 102 102** 25 L—10c 8% 1st pfd preferred 100 Bell Jan 16 % 18,700 A 8 6% 8% 2,300 Apr 6% May 2% 2% 2% 13,900 2% May 1 see _10o page 37. Jan % Mar 10% Apr 4Va Mar 16% 173/4 3,600 Feb 193/4 Feb 173/4 19% 48,700 173/8 May .26% Feb 7% 9% 22,700 500 7% May 25% Jan 29 Jan 260 93% 98 Va Jan 8% 14% •— — 6% *.1' 60 Va 1,300 ..I73/4 2,100 6% 4% 6% 14% ' 143/4 1,800 : „ 600 Jan „ 59% May 17 .May 5 Va Apr 14 % Jan 4% 4% 900 4 3% May 27% 28% 1,600 26% Apr 35% 35% 300 10% . 113/4- Feb 17 Va Mar 10 % May 3% Jan 11% 7,900 5% .. Feb 643/4 Apr 19% Jan 6% Apr 15Va Jan 6 Feb 27% Jon 25% Jan 26% 600 24% Jan 261/2 May 24% 24% 700 22% Jan 24 Va Feb 23% 24 500 22V2 Jan 24% Apr 7 7 3,600 6% 96% 96% 97% 950 94% 94% 50 102 102 146 146 100 6% May Jan 91i/4 Telep_ Ltd 97% Jan 103% May 3% Jan 11 26% 25% 27% 7,900 13 12V4 13'A 29,100 25% May 12 Ya May 6% 7% 6,300 6% May 1 Feb Apr 951/2 May 3,200 10 10% 99 Jan 90 4% & Light class Corp Pancoastal 5% pfd Markets 100 1 50c * 1 A 105 104 7 V4 105 7 200 144 % May 154 Jan 95 Apr 5% Mar 35 Jan 17% Feb IOV4 Feb Mar 6b Mar 57% 13,600 20% 3,400 20 36V4 May % May 36'/4 42% 4,100 % % 9,400 Amer shares—1 Bol (C A) 10 Jfcii 500 51 20 n % % 49% 3,000 A) 14 105% Mar May 7 71/4 54% 38 % (C Jan 100 20 vtc„2 Bol A Petroleum May A Jan 24V4 Jan 53 Jan 1 V» Mar 1% Mar 81/4 Mar Park 61/4 6% 200 6 Vi May Park 9% 10 «/4 1,900 11% Jan 23% 12Vi May Chemical Company 1 Electrochemical Corp class A—10c Parker Pen Co class A 2 Jan Class Parkersburg-Aetna 13 Feb Patino 15% Apr 21 21% 800 9Va May 20 V4 Jan 20% 21% ——2 B— 211/4 900 201/2 10 10% 4,200 9V» Jan 7% 200 6% Jan 8 V2 Mar 13,100 2 A Jan 3 Va May 8% Jan 24%Feb Apr Apr Feb Apr 103 Va Jan of 1 Corp 10% 2 Ltd Canada 7% 1 3 Va 2% 3% 2.50 Gold Dredg Ltd Pato Consolidated 9% 9 9% 4 3% 4 ' 40 Apr Pepsi-Cola Jan 23% Apr Long Apr 3% Jan Perfect Circle Photo 25 Jan Penn t Traffic Pep Co Electronics Pentron Corp 1 Bottling Island Inc Jan 94 Apr Jan 101 May Peruvian 91 Jan 95 May Phlllios-Eckhardt 78% 79% 800 25c 2.50 11% 11% 11% 31 Va 29% 32 * 9% 8% 3% May 16% May 77% Apr 900 Jan 29% May 21,300 8% May 18% U \i I!1* 13,000 21,900 Electronics 1 6% 6% 6% 11,000 17 17 9% 2,000 11% 1 10c & 600 Minerals Corp Oils 78% 171/4 10 Jan 5 Va Jan 24% Jan 88 Vi Mar of Inc Corp 89 Permian Co 300 4,000 16% Boys (The) 97% 10 Apr 26 4% Jan 95 28V4 May 27% Apr 27% 4% Jan 95 Jan Jan 1 1 40 25V4 25% Jan 12,100 93 1,900 1,300 88% 14 92 26% 27 100 % 2% 26 Va 94% % 12 33% May 29% Feb 26% 94% 1 Pepperell Manufacturing Co (Mass)—20 25 Apr 27 94% Jan 7,000 32V4 2,900 14% 26% • 6% 13,500 32% 21 • * 4% May % May 12,900 May 400 Feb .2% 21 1,300 6% 34% May 3,500 May . 20 Va 21 29% Mar 2% Jan 43 Apr 28 5 18% '20% Feb 34% May IOV4 May 33% 24, 31% 33% 20% 11 29 1,800 33 . 27% 3,000 - — 29% 5% 95 Jan 16% 28 25 5% 5- 100 preferred series C—: 4% Jan 20% May 311/4 Jan 4% 100 1% May May 3 19 7 36 Ya Mar 7% May 12% 19% ; w2Va 16 Perfect preferred,: 3^ Feb Mar 5 % 2% May, 93 preferred 25 pfd series A 25 1st preferred—25 1st preferred—25 1st preferred—25 Corp class Tubes Pantepec Oil Apr 5,100 Page-Hersey Pall 15% Apr 26% Mar May 8% 1 1% 2 Va 200 25 6% Airlines Super Paddington Mar 11% May 18 34% 1 1% 2% 88 V» — Power Packer's • 21% Mar 3,300 6% 34% 22,100 14 % : 2% — Jan 19% May Co— footnotes, Northern Warrants Jan 6% 9% 19% 8 preferred series B r or May Jan Petroleums 1 J«n y 25 A preferred Northwest i 4.80% 4.50% 5 31 10% Industries. 4.40% pfd dividend Pacific . Apr 6Va Feb 260 conv Pacific ' 4 4% 923/4 $4.75 Jan " 2% Mar 2,300 91% $4.75 14% Mar ,_1 4,500 5 91% • • 15% Mar "ctfs"—__ — Precision 700 14 Corp (Can) Ltd Molybdenum Corp of America Warrants Anr 10% Molybdenite Monogram 5% 27 10% Inc Feb 3 Jan 62 2 Feb 8% 9% 55 % May Inc Feb 34% 1% May £%,,Mar 25 dividend 11 1 4%, __ 100 9,600 « 100 $4.50 preterred preferred dividend preferred $4.40 11% 1——50 2% ,2%, —.8 Lighting 5% ' • RR 1st Industries 38 % May 4% Apr "2% May ._ 7%< A Jan Corp— Light 5% Missouri-Kansas-Texas 1st 4,000 6% 1% 7 25 redeemable 4,600 50c 1% Jan % May 1V4 Jan 6,900 com—1 preferred redeemable 3,400 common,, A preferred 5% 2% Mining Corp of Canada Minnesota 1,000 preferred—* 4%% convertible preferred Milo Electronics Corp _ class Electric & 1st 1st 12% 2.50 6,800 4,700 1 2nd 14 —50c A 1% 1 5% 2% Corp % 3% 1 . - preferred conv Gas 4ig 42% —10 common Factors 47 58 % 100 Corp— 29% May 800 28 5 5 39% Mar Apr 3% -1 Products conv cum Feb 2% Co Financial Clay 12 10 Jan 35 V2 55 % 20c Ccrp Coast Co 11% 1 34 200 7 iOo Corp 14 50c Investment Rubber 12 —1 700 36% 1 Co Securities cum May 1 Inc——a conv 37 3% Ltd preferred J Abrasive Midwestern Mill Corp $1 5% Jan 56% 1 4%% 1 A Micromatic Hone Corp Midland 27% 28 Feb Jan 138 100 pfd (Del) • —10c Inc Michigan Chemical Corp— Michigan Sugar Co common 6% preferred a Microwave 1 , —5 Miami Extruders Inc Miami 4 60 Jan 2% 1% May 99 V4 May 36 % 1 Manufacturing 5% • - 4%% Co $4.36 Refrigerating Co Merrill Island Mining 120% 1 :103% Jan i 13% 1 Amer 28% May 28% May 1,300 3% 1 26 - 19,500 6% 6 10Ya — 1 11,800 36 36 — 25 Mines Electric Pacific 3% 28% —, 37 29% May 9% May 50 Oxford Jan 1,200 29% I Co wi 101 IV4 Apr Jan 8% 50c Co,_——— Inc 2 Feb Jan 30 2,100 30% 7% 6% 1% Jan Jan 7% 11% 2 14 2% Apr 26 4 —3 1 - Oxford 10 % May Jan - warrants common Jan 2] Ya —1 , Corp Johnson New Menasco 4% 500 28 % Inc Industries 93,300 ;v,< , 2,000 1 Corp common preferred 6% Ltd Maule ' —£1 16,400 10% 50c Power Overseas 1% Mar . 10 Va 22% 1 Maryland Cup Corp t Masco Corp ——* Mas,sey-Ferguson L . 30% 9% 1 Ltd Petroleum Brass Pacific warrants Corp 2 5% May 7% 30 7% 29% • Town Pacific 2.5o 30% O'Sullivan 1% May 3% May % Jan - . 6,000 , changed to Inc Mansfield 8% 3,uuo % 17 21% 30 14% u 59% 22% 1 13% 11 -- 17% 1,700 —10c Jan 1,200 60% 2,300 — named 17% 2,700 O'okiep Copper Co Ltd Amer shares_10a Opelika Mfg Corp : 5 ; Mallory Randall Corp Maneel Stores Jan 10% 13% Feb • 21% Feb 19 10 13% 8,400 1 % * 12% 12% May 13 % Apr 10% 13% 5% 3% 40,600 16V4 4% 1% 1% May 9% May 4% 3% : 10 7 ~3% 1 18,200 1 Corp 40c Feb 25% Mar , 12% Feb 4% 30% 1% 10% 8,700 19%'May 9" 11% 13% 23% May > Feb 97 700 7 Feb 3% 26% 1,700 xlc .50c 4% Jan 10% 21% Service Jan 963/4 24% • May 2% 253/4 20 1 1 % 3 V4 12% 23% Corporation,— Industries 2% May 20 Va Mar 97 20% ' Majestic Specialties Inc Mansfield I 23% Petroleum Corp vtc—. Oil Public 3,400 May 1 ,—33%c -* Inc Industries Macoid *3% 18 Ya 725 o 9%.Mar —1 Vending Co class A Mackey 2% 58 Va May 200 Railway Manufacturing Ohio '2% Jan 6 300 Corp Apr Onto ^50c Feb 22 3,800 Rosario—3.33V* Serv Jan 6% Old r Jan 2,600 7% May 23 Jan m MacFadden-Bartell corp Mack Trucks Inc warrants Apr 1% 1 of 4 27 V4 3% Co Nickel Corp Feb 19% Mar Jan 3% —_ Industrial 2V» 7,100 50c Co RR Co Rankin Novo Jan 1% Ltd Pub 14% 2% 1.25 Ind Jan Apr 13% May 10% Mar 3% 1 Airlines Penn Apr 4,700 1% • Southern 13 Va 3% Land— Honduras 32 May 50o A Royalties 4% > 8% 10c 1 Oils 7,200 7% 18% Apr 22 V4 25c Inc Northeast Feb 16 - ..May* 27 18% 18% Feb Jan 4% 15% May 18% May _20o Canadian •••5% 250 class North 20% 28 55 Mar 4% 30o Inc 67% Mar 27 50 1 Arizona Mines & 6,000 5 % 20% 10 Corp American North Feb 18 18% • North Mar 1% ■. 16% May 5% Jan 10,300 19 Va 9 12 Va May 9 2,100 1 12% Mar Jan 27 Va 42,700 Mines Noramco Feb 6 Jan 11% 300 1,100 3% 16% Jan 4 4,000 3% 15% Co Lites 74% 8 Corp, Rim 25 : 28 Co v.. 19,200 15% 3 A 15% Ltd Auction 71% % & & 24% , 25 Mines—10c % 5% » Jan 1% . 15% 2 Inc Zinc... York North 3% 700 3,900 20 5% 2 (The) '} 4% 1 100 25c Chem York Noma Jan 15 9 9% 2,200 2 Jan .7% May 14% Jan 15 9 1 Mining Co Nipissing Jan 4,400 Z 1% 1% Process Nickel 40% Mar i 16,300 4% ——10 — Exploration Silver Lunkenheimer 2% 8 Machines Co— New Jan 8% 1 Electronics; &' Systems Lundy 5% 20% 1 Associates New „ 9 % 25c 1 Corp— Louis Sherry Preserves Inc_. Louisiana V . 25c Park New 61/4 Mar Jersey Mexico New Jan > 16% May , New Jan 3 Co & Jan Apr 9% 1 Inc Min New Bartlett— „ Lodge & Shipley (The) Co —-—1 Longines-Wittnauer Watch Co—-—1 Loral Jan Jan 8 Idria New Jan 8%. , 7% 1_ —2.50 Chain Kessler & 5% 15 20% ; 7% 8% f Jan 7 Va 14 V4 9,000 Jan Feb 100 30% 10 700 • 1% May 350 Z . 9 45,200 , ■ 6% May 3% May 11,500 8% —4 Co—..—x A - 1,100 1% 3 -; 4 ; Apr 41/2 May 51/2 May 400 3% preferred x— Lithium Corp of America ,Inc—— Class 1,400 3% 5% Lockwood 5% 6% Inc—. (R G) 15% 1,700 25c ——————, Apr 4% May 12 % May 1,700 5 5% — Liberty Fabrics or N Y common— —1 Locke 4% Apr 3 700 , • 1 A Corp Livingston .Oil 16i/4 ■, —1 Realty Levine's Inc 12% 16 4% —5 — 12% ... ,—10 Inc '' 16 5 Delaware Sessions & 2V2 Apr 6% May Rental Ltd Corp Mur 5% 10% May 6% May 3,800 7 Va • 8% May 2% May Inc Don 200 11% 6% . 1,700 Electric Stores 13i% May 2,400 Apr 35 4% May 17,300 Corp Telefilm Transit 1,500 : 12 Va 27 V4 May 2,000 4,700 6% Ltd Car National Feb 3,000 — Jan 800 5% 9% Machinery National .9% 3% 3 Industries 9% 11% 28% 6% 2% Mar 16% 1 Lamb Apr 9% Industries National Research National 15% 2% 1 Lakey Foundry Corp "34 Ya 8% Weld National Petroleum 13% • Feb 6V4 Mar Apr 9% Company Electric National Jan 15% Casket 14% -1 1 Inc Radio Jan 27% 10% Company Inc NeuiCKS L'Alglon 3,100 (Mlcli) National Jan 19 National National Lafayette 9Vi 14% 8 Vi Corp National Corp— common Apr May 4 Va May 5 Va 1 — Brewing Co National Class A Jan 700 Dehydrat & Milling—3 National 10% Mar 6% May 2 10c 28% 13% May 6% May 19% 21 A 700 7% Feb 14% 1—5 7.50 1 33¥30 class Corp 21 5,800 14 % 6% 6% 25c 23% % Mar 14 4% 6% Hess Bellas Jan 19% 20% % L—2.50 1 ; Electronics Jan 10 19 V2 4% — Kropp (The) Forge Co Kulka 25% 19% LI Corp (The) Apr Apr 4% May —1 Feb 35 Jan 10% 11% National Alfalfa Apr 14 —1 Co (H L) Inc Kratter 19% 1,100 Inc Knott Hotels Corp Kostin Feb 17% 18% May 27V4 1 a National Feb 16% _10c : Kirkland Minerals Corp Ltd— Industries Inc (S) 3% 17 V* Jan 11% 3,000 4 .1 a— National Bowl-O-Mat 2% May 1 Kleer-Vu Klein 2% 1 15% May 27 9% 4% 11% —50o _ Inc Napco Industries Inc Nat Nast, Inc class A Feb 6,000 900 6% Mar "5% 28 Jan Jan 8'A . 2% 70(5" 4 n : Corp Namm-Loeser's Jan 11 1% _ "v Nachman Feb' ~ . Company— Feb . Ill % * 30 % 4% Mfg Co new com— —2.50 —2.50 Piston Ring Co Jan 14% 4 Ye 600 «/4 ' 8 Apr IOV4 Jan ~5% -- 10 Muter Feb 14 1% 'ft 1% V _10c —1.25 i 11% 161/4 27 29'/4 5UC 153% Feb 1,100 38 20 1 I Company Tel A Jan Apr 17 33 1 Cobalt class High 6% May 7V4 May Feb 22% 16% ~5~ 15% • 1 ' 3% ~4% —2.50 Jan 99 Va Mar 34 v 2,400 1 Inc Vldeotronics Muskegon 600 8% ' 20 Ya . Jan 3% 2% May _ 98 21% 5 Kin-Ark Oil Company Kingsford ..5,600 96'/a 25c Co & Co Copper 2% 7% May 15 (Del) Kay Jewelry Stores Inc Kidde 21.000 1 1 Corp Kawecki 8 i 2% 2% 1 Broad Bldg Co & 7% 144% " 7% 8% Murray Ohio 7% —4 i—^50c pfd—100 Corp—1 Electric & Gas • Inc Inc TV 100 ' Mills Mountain States Tel & Muntz Range Since Jan. Low 153 6% 1 Company Star 152 ~8% 1 Movielab Movie Shares High 4 Jan Mar 152 -Il25c Products Industries Vernon Low • preierrea Feb 5% 12 Electro Clemens 6% 11% Mar 2% May 7% — ; Jan May 75c . Inc (The) Apr 6 % May 1 .—1 23% for Week of Prices Par High Morse 17% 1 : Corp warrants Corp Low Sales Range Sale Price Montgomery Ward & Co class A_ Petrochemicals— Industries Jetronic Jupiter High Week's Last American Stock Exchange Range Since Jan. 1 ' Co Co STOCKS Shares 1 Jeannette Lake Friday for Week of Prices Low Par , j for Week Ended May 18) Sales Range Sale Price - 1 Jefferson Week's 35 11% Apr 33V4 Mar 16% Jan Jan May 27% 1J May 5% Jan 118 Jan 8% Feb 17 Commercial and Financial Chronicle The AMERICAN STOCK Week's Friday Last STOCKS Exchange American Stock Sale Price , Pharmaceutical Electronics & Phillips Industries . class A Products Corp class A Powdrell & Alexander Inc Polymer Pratt & Lambert Co new common Inc Precisionware 772 May 9 . 1174 103/4 95/a 99 99 16 5/8 187a 10 37% 3,700 100 6% 6 774 -1''" 2 1% 7% 73/4 Prentice-Hall Inc 50 class 600 3174 May 38% "7 91/2 38 34% 7% 67a 1,400 11% 11% Corp Proctor-Silex 11 113/4 63/o 5,100 6% 13% 83/8 Mar Apr 17 Jan Feb 22% Feb Spencer 22 Va May 26 3/4 Apr 113/8 May 13 Jan Sperry Sports 8774 92 3/4 Feb May 11% 113/8 11 s/8 1,800 1,700 92% 915/8 923/4 825 60 63 % 3,100 14% 13% 145/a 1,200 13% May 21% >-9 17% 14% 18 6,200 14% May 203/B Mar 22% 23% 24 Corp Sportswear Fyle-Nattonal Jan 1 • Lithium Corp Quebec Power Co 2% 213 293/4 100 30 30 Feb 418 218 May 1,100 R Rath Packing i._; .... Pump Co : Reeves Broadcasting & Dev Investment (Robert) Reliance i Co Resistollex Corp Argentine Mining Ridgeway Rio Warrants series extended Vtc 3 B Elec 4% Field I American Corp 5% Jan 53/a 7a May 13,500 372 2,500 11/8 8,600 4,850 613A May 127a 11% 6,300 11 18 1,600 16 May 8,600 4 May 4% 4 5% 16% 65/8 5,800 3,800 17 113/4 12% 2,500 23/4 300 45/8 53^ Fifth Jan 167a May 115/a May 3 3/a Apr ' Jan 107a Apr 3/a % 4,800 3/a Jan ,°6 Jan 7% 63/4 7% 5,600 6% 6 6% 2,200 13% 12% 133A 5,300 84% 84 5/a 85% 680 Feb 500 300 12 1,000 Jan 12 7b May Jan Jan 8672 Feb Apr 1374 Jan 83 73A 17 267a Mar May 1072 123/4 Feb 100 200 672 47a 11,800 4% 9% 4% 9% 10% 6,300 19% 19% 20% 700 1 50c lc • 9% 10 3% 3% 5 IS Feb 10S/B Jan 43/b May 67a 6% 43/8 Jan 974 May 187a Jan 1974 May 3074 Jan 900 37a 574 Mar Jan 9 3 12% Mar Jan 4,800 Jan 10 3,700 Jan Jan 11 Jan 12% 11 13,600 97a May 1574 Feb 53/8 5% 53/4 6,100 53/8 May 73/4 Jan 3 Jan 5 Feb 31/4 5,900 23/4 33/4 8,700 2 3/4 Jan 37a Feb 35/8 , 37B 1,500 372 Apr 43/a Jan 3 3 3Vs Corp Symington Wayne Corp Series B rights .7 4 >-*-• Class St San San Diego 5% Co Ltd 16 pesos preferred..—™... 4.40% series preferred 5.60% series preferred. Petroleums : Eayre TelePrompter Television Allied Seaboard Plywood Seaboard World Sealectro 33/b 2,000 67a May 21% 300 Corp 2374 1,000 18 3,000 4% Corporation Power & Light $4.56 Jan 113/4 Feb Town 93/4 Jan Trans 2,100 2,600 73/a 45/b May 17 22 3/4 May 6,200 6% 67a 600 6 5/a Jan 11 Jan 4 4 4% 1,500 378 4 4% 28,200 3 5/a Apr 8% 8% 9 3,200 874 May 2% 25/8 27a 8,000 2 72 57a Jan 374 Jan Jan Corp General Security Freehold Petroleums Seeburg (The) Seem an Bros 1 1.70Q 15% 157a 1672 24,800 15 May 26 % 18% 1874 203/b 12,100 177b May 37 5/a 17 1672 18 1,800 1672 May 243/a Mar 11 137a 413 5 B_. 1 of America 1 Corp Servo Corp class Servomechanisms Leather Beton Bhattuck Inc ~5% 6 4,500 20c Mining Co 4% preferred Sherwin-Williams of 7% 7% 1,900 12% 12 3/g 12 5/8 1,000 5 Shawinigan Water & Power Bherwin-Williams 7% • Co Denn "51% Apr Apr 25 72 Jan United 89 72 May 9434 May 11972 Jan United 98 72 Jan United 30 5/a Feb United 1,800 2772 May 22 % Apr 30 7» Jan United 3A Jan United 3 26% % ft 25% 223/4 Silicon B 2 Transistor Silver Creetc Corp Precision For footnotes, 27 20c Corp.: 5% 10c see page United 5% 20 5/b 2 Class Jan 1,900 _10c A Jan 5,300 Co class 107a 26,700 Petroleum 1 37. 257a 27 5% 1 27 7a 14,700 A Apr 25% 28,000 227a Jan • 27 5% 1% 8s/a Mar 4 . 31 1 Air Conditioning Corp l5/a Mar S Ceramic Tile 7 1 May rets ord regis &-Canal— S Apr 12,600 dep U 4% 74 N J RR U 4,100 450 22 7a Jan 2474 Jan 400 12 78 Jan 14% Apr 5,000 3 3A May 5 7a Jan 12 3/a 2,500 12 3074 31% 1,700 293A 6% 774 8 3472 Apr .674 May 9 74 1,300 5 74 May 300 . Feb Feb 1,200 53/a 772 16 772 May 1 % 23,600 2474 6,500 33/4 5,200 l3/a 23 35/a 1374 1274 19 1874 Jan 4% Feb 1472 Feb 18 Jan 12% 11- Jan May ' *• 300 2172 187a May 18 7a Apr 193/4 May 243/a Apr 7,900 8,400 4,900 14 143% 1,700 11% 12 "l% . — - 29"' 30 t "" 28 3/a , 29%. 1,200 4,400 18% V ,28 7a May 872 8 9 7,300 3% 37a 5,600 33/4 4 4,500 63/4 75/a 25,600 7a 7a 800 374 1,000 13a 700 20 - 8 2,% Jan .: 35 hi V. 113/4 Mar 1774 Jan 4 3/a Jan 53/4 May Feb' Apr 87/a Mar 63/4 May Va Feb l5/a May,/ 19 900 17a Feb 23/4 \ 4 7 303/4 May,. 63A 678 6,600 73/a 6,500 5/64 483a 64,200 32 37 57,900 3*2 May Jan 30% 3272 3272 28% 2,100 Jan Feb 10 11/64 May Mar 66 36 Jan 2772 1,000 30 Jan 9 3/a Mar 6% May 427a Jan Mar 2 3/8 . 6% May 67a Mar * 417a Jan """"372 May * 33A Feb , 36 . 'IVa May IT,400" 77a Jan _ 7;22% Jan • Feb 13 74 Mar May.. v Feb 22 74 Apr .1772 Jan Jan 313/4 May ■'"11% 700 20 3/a 95/a May 2074 May - "13 . 293A May / Jan 30 72 3 5/a May 83 74, Mar 107a 1% 2 3/4 - May 7372 May 22 . Feb Mar 50 - 2074 95/8 Feb 6% 12 l3/8 May 2,300 74 13 May 23 3,500 1172 7372 187a Jan , Apr Apr 36 ~ 8 1,000 44 4072 4174 33/4 22 74 •37a 257a ; : 35,300 8% Mar 7% Apr 4072 May 900 2274 1 4 8,900 8 . 374 May 22 74 May 34 74 May" '; 50% Apr 6 5/t Jan 1 35% Mar 53% Mar 3474 363/4 6,100 127a 153/4 37a 35/a 42,600 9,800 12% May 37a May 3,800 374 May 45/a Jan 10 5/8 115/a 10,300 10% May 16% Jan 77a 357s 1472 3% 3 A 1°% 83A 93A 23,500 7% May 33/8 -4 26% Jan 4% Jan 147a Mar 5 600 872 Jan 274 2,200 Apr 3 Jan 572 6 1,100 Apr 75/a Jan 6' 672 4,000" May 1 67a 1 •53/a 2 17a 6,900 Jan - 5 May 93% 200 97 97 Feb Jan Mar 116 Jan 18 18 6,000 774 3,100 672 Jan 10 123A 10,800 10% .Tqn 1674 Mar 2,600 187/a Jan 22 11 193/4 2074. Mar Apr 274 23/4 13,000 2 74 May 33/a Mar 123A 1372 400 12 74 May 15% Mar 205/8 2174 700 20 74 May 267z Feb 2874 2974 1,700 2874 May 38 Feb 274 Mar 23/4 Feb 2072 2172 2,300 2072 May 267a Jan 89 3A 90 3A 900 8672 913/4 May 37a 4 7a 400 77a 77a 2,600 472 5 2,800 472 , Jan 18 May 93/4 174 98 67a 7a 7 12 7s — 73/a com_l()c 78 78 1074 Apr' Jan 3*78 May 7 May 472 May 7a 2,900 43A 57a 6,600 6,200 107a 10 3A 8,800 10 143/a 107a 678 672 400 1072 Jan Jan 5 12 7a Mar 7 3/a 32 Jan J an 183/4 Jan 672 Jan Jan 12 Feb 1072 May 3,300 1674 45/a May 600 153/4 574 Jan 13 7a May 137a 10 A 6 A 153A 3474 13 Mar 6 7a May 87a Mar Apr 213/4 Jan 32 72 May 4374 Jan Jan 2874 Jan 153/4 11,400 32 72 3672 26 26 1,000 1274 133/4 5,600 195/a 1374 195/a 100 19 72 227a Feb 15 V2 Jan 26% 25 Co. 10s 100 50c -A 12 7i May Jan 1774 Mar 12 7a 1274 300 12 7a May 22 223A 500 22 May 1,800 5 May Mar 5 53/a 7 5 7s 472 418 18,900 20,700 4% May 6 Mar 4 i9a 22 41 ~7 172 42 72 67a A.' 7 874 8% __ Jan 8 3/4 37a 191 37t 3 7t 6 6 33/a 192 33/a 6 74 May 2 Jan 1,200 39 Jan 467a Apr 2,200 6 May 8% Jan Jan 9 V2 May 6 72 Mar 18 172 Molasses Co Ltd^— American Feb 32 Jan 4% 7a 143/a 57a 8 • 4 20 50c Asbestos Corp 1 Canco Oil & Gas Ltd vtc 1 Elastic Corp * Foods Inc 1 Improvement, & Investing—2.60 Milk ProducLs 5 Apr Jan Jan 9% 13% 10 Corp Jan 32 : 12 _50c 1 * Feb 24% Jan 247s Steel United 50 8 V 63/a Co 1872 May 2,300 =—1 Chemical Corp Union Gas Co of Canada Union Investment Co Union Stock Yards of Omaha United Aircraft Products 923/4 Signal 9,500 87a 5s 1 — 20 . 205/8 100 ' __ » Unexcelled 23% 100 America Feb 16 ■ 2372 21 2974 "wts" Corp Temper 53/, Sihunev-Cnribbemi & Gas May 7 5/b 13 10 25c ——1 1 8972 jl of 7 3 7a May 72 Feb Feb 9 72 Mac 127s May 700 23A * 203/4 • Oil Williams & Forging 57/3 : Co 5 7b May Jan 372 372 24 lOo Triangle Conduit.-& Cable Co Tri-Conl.inenl.al warrants 223/B Canada Bhoe Jan Feb 6 3/a 307s 1 • 10o 50o Trav-ler Radio Corp 91 • 12.50 common 67a 14% 1 Jan 1 Inc Airlines Jan 3 5 15% Mar 28 __ . Jan Feb 1 i Serrick 574 4 • Corp Inc Sellgrnan & LaLz 47a May li Jan Corp World Transue True Securities A Transport'n Corp of Amer cl A 57a Mar 1072 May class Co Oil Lux Trans 972 May : Mar 32 %4 Apr 5c Inc Cuba Trans Feb 8 5/a Mar Jan 4% Pliatolab Jan Mar 2,400 Feb 86 9,100 423/s. Co Ltd— def registered—5s 672 May 75/8 May Trust. deposit rets deposit rets ord reg Todd Shipyards Corp™— Toledo Edison 4%% preferred Amer 9 jlUc Inc Security ; 2,000 1 Inc Inc 2,400 3 & Lumber Markets Thrlflimart Inc class A Tonopah Mining of Nevada Tower Universal Corp 47a 11% Jan 21 47a 5 Co Feb 6% 79 May 63/8 774 "warrants" Inc Shovel Jan 18 May 6 5/a 1 pfd Corp Electronics Inc 11*6 97a 18 Mar 23 3/a May Feb — 77a 774 45/8 Jan Inc Apr 6 173/a 7% 20 10 1% Engineering Inc -10c Electronics Inc—.25c Amer 5% May-' 500 1,500 Feb Feb 15 May 5 Industries Thorofare Jan 8,200 21 >. 19 1 1—* Corp Jan ,20 ;>-i Apr May 9 — 10c ~ Corp 55/8 600 57B 9% 6% 9% 213/s 4 Jan 6 74 Apr 8% 2 20c Apr Mar 21% Jan- 25c Meiui* 9 Jan 187a 227a 18 .. 6 3.50 Milling Corp Airlines 43/4 Apr 20 5/a Inc Oil Textron 213/a Mar 16% 8 3 Terminal-Hudson Texstar 24 19 75/a 12720 ' -• 1 Teleregister. Corp Texas Jan 5,800 4 • 5 ; Inc Tel-A-Sign Inc Telectro Industries Tobacco 1 Oil Co Ltd. Seaboard Seaporcel ; 1 Inc Gems 1,800 77s » 25c Corp Scurry-Rainbow 35/a 18 34 • 25c Fisher Co & Screen 217a 20 5/a May 20 5/a 6% 21% > 21% . 50c (Del) Savoy Industries Paper 20 .20 „20 20 Ltd Savage Arms Corp Saxon 7% preferred Operations Technical Technicolor Texam 17 25,100 33A —5 —^-10 — Tampa Electric CO Taylor International- Corp Technical Material Tenney 24 % Mar 23 7a May 3% 8 commonj A common Tliompson-Starrett Co Inc com 70c convertible preferred , preferred series Barcee ; Gas & Electric Co— series 4%% 20% 2.50 Inc Carlos Milling 500 20% 31/2 • Corp Ltd Lawrence Salem-Brosius class B oumtilative 4% 8474 Apr 23% T ^ Inc Talon Jan Jan:. 2178-Jan . 1074 1/64 «. Jan. • 22 Apr Apr 87% Mar Feb 1,900 80 8 . • 83A warrants "•-fiyntex CorporaLmix, 27 Jan • 1,000 574 ' 25c 1 10c 50c 25c Ltd 30% 7 2 2 3/a 1% 10c 1 7a Mar -• 36 18% — » 4172 Mar .'V. 33A 1 Petrol Corp 19% 9 »*.—. 1 Mar ^ 1,200 21 19 217a 10% 20 A 7 14 1172 t. ■'■*,'■'*23 22 : / ™ -* 1 Feb Jan 25' 2,800 900 9% Jan 9% 2772 May 1,600 53/4 /■■—■ 1 (Del)™ 800 237a 80 1 Supronics Thew '"'''A" . ■ Inc Electronics Inc. Textron S 2672 21 ll5/a Warrants 53/a 157a Mar 9% 11 11% 10% — Corp Corporation Feb 77b 197i 4% .; .4% 6% 1 1 Petroleum™ Haynes & 11% 12 8 19 73/4 17 972 May 63/4 May 6 Wells ; Superior Tool & Die Co Superior Window Co class A Supermarkets Operating Co 8 3/a Mar 77b Strong Supercrete ' Jan 8% Shop I rue Cobb Arner Stop. & (Del) Corp Stone'. Container Sunset International 167a Mar 2 5/a Inc Corp Co-__. B) Sunair 203/4 Mar 400 50c Inc Avenue Consolidated Feb (J Stylon Feb * 8 Brewers Precision SteUou Struthers Jan 11 • V Apr 2374 ; 8472 Mar Jan 16 . " 77a Jan" v 7,200 • * \ Jan 743/4 28 23 3/a 6% 11% Jan 674 8 l3/8 233A 33A -50c 5 1 10o Company Aluminum Products 5 • May 7 1 (The) Sterling Ap3T*. % 29 74 315/a 18 12% 31 A * 5 10o . Chemical Co Sterling • Jan 18,000 4 5/a 133/4 1,700 2,200 3% •' Corp Inc Sterling Apr 1% 5 41% . 8% 1 Inc Industries Ryerson 23% 4% .-•3% 5 Inc Royal School Labs Inc Royalite Oil Co Ltd Ryan Jan 227a 372 Apr 474 May ._30o 1 Roxbury Carpet Company Russeks Jan 68 VB £1 Inc Products Parts Stephan 2 34 Mar , Products Inc Rusco 774 93/4 1.50 Inc Roosevelt Raceway Royal 100 2 5/a 100 .1 • 1 pfd F dep rets ord regis Rowland v., May 20c Inc Ltd— Royce Ross 22% i 1 Metals Inc Amer 4,600 400 53/b May l3/4 May 12 8,900 6% 1% Feb 1 Corp Rollins Broadcasting Inc Roosevelt 13 157a 8% 1965 Rogers Rolls 20y8 Apr 2,400 9% common Products Technical Rochester Ga6 & Rodney 22% 11 % 16 43/8 6% 16% 11% ... Jan to Co Steel Stelma Jan 9% A class Finance Robinson 21% Vahey Gas Co— Rio Grande Ritter Ltd common Mines 5% :,'V/a, 1 73 % 50c 1 • Co Corp Algom - ; ; 33A 4V2 s4% 10c Inc Associates Restaurant "• 1 1 1 • 1 Republic Foil Inc Republic Industrial Corp Republic Transcon Indus Inc 12% 13 r. 6% ; ' 5o 1 1 10 Corp Co Inc Arms 205/b 247a 32 " Jan 50% Jan - " 34% 2072 872 A. 50c 1 Canada ordinary of Canada Ltd Co Steel Apr Jan 4,000 May 77a May •147t Jan 753/a 22 1 10c of Steel Feb 2974 —1 1 Co & Insurance Remington t;Rico 1872 161/2 1772 233/a 7A 10c 1 Instruments Inc Statham Feb 3772 Jan 123/4 May 6,800 21 7a - Soundcraft Corp Reinsurance 31 5,900 24% ™ Reda Reeves 3,800 141/4 24 America— Class A ..._.1 Realty Equities Corp of N Y_ +—1 - Feb 123/4 of Warrants Feb 772 22% 1 Corp Properties 143/4 Stepan America of Trust 343/a 6 13 40c Rayette Co Inc Real Estate Investment 32% 33% 10 Co 1,700 6 6 1 Rapid-American Corp Apr May 131/8 • 1 Enterprises Inc Ramo Inc new class A Ramco 6 v 77« May.' 3,200 2374 -- 3c -1 1 1 --1 Stanley Aviation Corp Stanrock Uranium Mines Ltd Star Industries Inc class A Starrett (The) Corp common 50c convertible preferred Feb 34 Feb 1,100 4,300 83/4 -- 20 -1 19 6 2672 22 74 93A 19 % 97a 4 Apr 305/a Mar May ; 2974 -- Corp class B Tube Standard . - 333/4 20% 19 A 1 1 Paint Co Corp common $1.60 convertible preferred Standard Forgings Corp Standard Metals Co_. .=; Standard Products Co Standard Shares Inc -42 Jan 623/4 * '13% May 2672 May 17o 77a 15% 1. 237% lo Dredging . ' 774 ._ warrants Standard-Thomson 2 IB v 250 400" , , Jan 86 1 A_50c 1 Inc Brands Standard Q Quebec Shoe Corp Rand Corp Arena Inc Standard 74% Mar May 60 43 74 3 72 6 — Stalil-Meyer Jan - 145/s 27% 16 2772 1 1 5 Pipe Line Realty & Utilities Royally Co Speed-O-Print Business Machines Speedry Chemical Products class 100 .__.20c • preferred Puerto Rico Telephone Co.™ Southern Apr * 4 V* 'Jo Puritan Southland 6 300 Service of Colorado— Public Southern 6% May 21 1,200 22 Va 6 " *7% 343/a 25 25 4 25 ,28 / 25 25 13% 3,600 13% 1 20 1 Gas Providence 6% 22 Va 6 -1 „ Mfg Co Inc common $1.25 convertible preferred Prophet (The) Company 5% '1,400 1374 6 7% / 8% 153/8 30 72 Petroleum Corp__2 Southern Materials Co Inc 2 -'•4 13% Apr 131/2 477a 42 1 — California Southern Mar 43 23A May 26% 8.33% cumulative preferred 5% Jan 2,800 Progress 4.08% 4.32% Jan 11% May 11 May 1,900 11% Apr 3474 May 7,600 38 113/4 Ltd Mines Preston 4.24% Jan 6 5/a 3272/ .— cumulative preference convertible preference cumulative preferred. cumulative preferred 4.48% Apr 313/4 r . Penn 4.56% Jan 60 2% 1 B May 13/4 May 1 '• * -1 -1 1 12.50 -- Oil Co California Edison— 5 c/o original preferred 4.78% cumulative preferred.. Feb/ 275 Corp " 2,300 High V2 Jan Mar 27a Southern 12% Mar 2,000 Coast South South Feb 19% Apr May 51% 10c 10c A class New 10 . 11 Jan 157a Presidential Realty Corp— New Feb ! 147a 21 Va : * Inc...™ Airways 467a 2,600 . ' v • fionot'orie Corp.'™... Soss Manufacturing Jan 2% Vi% 50 1% Slick Jan 13% 7 1,200 1% 44 May 1% May . 50 133/4 Mar -6 800 167a Mar Apr 10 % Jan 3672 May . 600 15% 1091% Mar 20 * preferred conv Oil Co ™—1 Singer Manufacturing Co Ltd— Amer dep rets ord registered £1 Feb 125/s Feb 9 100 9,000 2 153/4 % 1,100 $3 23A ' Range Since Jan. 1 Low- % 23/4 — Simpson's Ltd Sinclair Venezuelan Shares High ia« .. . Publishing— Boardman Simmons Jan 8% Mar 103/b Mar , 99 May 13% Feb 67a Apr r, 6,500 377t 3774 9 3/a 2,000 13 Va , ...J, / 6 % Mar 1, Jan May Low 25c Silvray Feb 5% r 872 May 2,700 10 5/a V Apr 7 •1,300 • 8 6% * —1 • 1 66% Ltd Prairie Oil Royalties 33/4 4,800 ; (Del)—2.50 of Canada— Power Corp 4,400 17% 2.50 —1 (The) Corp Polycast ..43/b 73/4 . 87a 8% 1,000 •73/4 77a 7 for Week 1 Ltd Lighting Inc Simca Automobiles— '„<• American deposit rets Silver-Miller Mines 39% Mar 28 3/4 May 3,300 47a 5 5/a 5% 7% Inc—10c * 10 50c 1 Polarad Electronics Corp Poloron 5% - Sales Range of Prices Par High Low 32 7a 43/8 Week's Last Friday Exchange Range Since Jan. 1 Shares High 283/4 43/8 50 * Scale Pneumatic 32 5 4 1 1—-1 1 Pittsburgh & Lake Erie Pittsburgh Railways Co Plastic Materials & Polymers Plume & Atwood Mfg Co Reis Monday, May 21, 1962 . Sale Price STOCKS American Stock for Week of Prices Low Co—10 pesos —l°c Philippine Long Dist Tel Phillips Screw Co—— Phoenix Steel Corp (Del) Piasecki Aircraft Corp Pierce Industries Inc. Pioneer Plastics Corp . . EXCHANGE (Range for Week Ended May 18) Sales Range Par Real . (2408) 36 8 3/a Apr 1 7% 14,200 300 70 1,500 600 16 . , 33/a May 179 374 6 474 Apr Jan 192 May Apr .4 Jan May 6% Jan Volume Number 195 6161 . . The Commercial and Financial Chronicle . (2409) AMERICAN STOCK EXCHANGE. Week's Friday * STOCKS ; , American Stock Exchange' Last U S Rubber-Reclaiming Co_ United Stockyards Corp Universal -1 -.7. 25c Shares Low High 7% 1,000 614 1,200 6 Warrants Series 1 314 214 314 Warrants Series 1955 3% 314 334 Universal Consolidated Universal Container Corp Controls Inc Universal Universal Oil 614 25o 714 7% .17.78 «_ Viewlex Inc Instrument class A 8 Coal & 1434 1614 "614 7 -8% 7% 7 8y4 614 6% 147/a 13% 16% 2 914 9% ioy4 6% Pood Manufacturing • Inc 1 Products 25o 1814 600 10 ioy4 300 5% 13 18 ' 9% Apr 12% Jan 23 y2 May Jan Jan 131/a Mar 5% May 8y4 Jan 9% , 700 6 Jan 21% Mar *- 18 y4 Apr 14% Jan 1014 Jan 13% May 914 May 8,800 Jan 19% 6ya May 6% May 13,100 •" Vita 11% Feb 8% Co 7% "7% * Wagner Baking common preferred 100 •■?:■ 1% 6% non-cum Waltham Webb —4 common preferred conv 31,700 170 28 Knapp series Weiman .100 common Wentworth Chemical Texas Stockholders Inc 60 95 3% 614 16,100 3% Jan 30% 1,700 27% Jan 7% Apr 341/2 Mar 10 89*4 Jan 94 14% National Bellas National General Ohio Corp Service American 1977 Co Brother^' cfommon_— (without warrants) Safe 45 ' 30 "2% 20 May 600 11% May 7% H I 1982 J 1982 Mar 29% Jan 4%s series K May 21% Jan 5s series L Jan 4%s series M Jan 414s series N 14"% Feb Southern California 22% Mar Southern Counties Apr 1514 May 7 2,400 10% May 9% ri ;— fl'/i:'. " 30 97 16% Mar 14% M ay 18 93% Mar 97% \ Jan 41 Jan Jan 23 % Mar 15% Jan 18% Mar 16 Southwestern Szabo Food .2 j 6% 14 Jan .40 c *"% ?T% Express System Inc class A—250 714 714 -25o 514 5 5 414 4 Wright Hargreaves Ltd com.. preferred 5,200 '/ % 11,200 4V4 300 5Ve May 3% Jan 2,400 31 15% 500 6% 2,000 61/2 514 51/2 5% 2,000 5y2 6 6 6 1,400 6 10c 1 ' May 6% Jan United 6s Period American Stock Exchange Last or Friday's debs sub June-Dec 1974 Pump 4s inc debs 1994 Appalachian EleC Power 3%s 1970 June-Dec June-Dec Bethlehem Steel 6s Aug 1 1998 Quar-Feb Bolsa Chica Oil Corp 6% conv sub deb '77_Feb-Aug series 1970 A convertible 4014 40% *56 June-Dec 6s 102 102 8% Apr Jan 7% Feb 8 Feb May Range Since Jan. 1 Sold 9014 Low No. High *100 *97% 104 41% page Interest New York Stock Exchange — 38 % — ' ' United Gas Corp 2%s 1970 Last Period Sale Price Jan-July Jan-July Feb-Aug mtge & coll trust 3%s 1971 1st mtge & coll trust 3%s 1972 1st mtge & coll trust 3%s 1975 May-Wow April-Ocf 1972 debentures 1973- 1st mtge 1st mtge & coll trust 4%s 1978 4%s 1st States conv — 69 • 4%s & Corp ApriZ-Oct 1976 May-Nov ApriZ-Oct 1983 Debt seres 414s series Hanover Jan-July ApriZ-Oct 1986 91 7s (issue of Parana stamped (Republic Sinking subord debentures 1969 89% 95%»«" 95% 94% ' 94% __ 142% 32% 95 debentures 1976 Mar-Sept debs 1980 Mar-Sepf Virginia Electric & Power Co— First and refund mtge 2%s ser E 1975 1st & ref series F 3s 1st & ref 27/8s ♦No series G 1979 1st mortgage & refund 3%s 1st & ref M 3%s series J ser H 1980 ser I 1981 1982 General mortgage Ry 3s 4%s 1983 series B 1995 First lien ana ref mtge 314s ser C 1st lien & ref 4s series F 1983 Jan. 1 High 89 90 Sold Low No. 10 90 95% .. 9414 " Wabash Inc RR 5s-conv % 75 107 .4393% 6 -90% . 95% 94% *91% __ — 103 103 10 100 __ 101 33 *101% 102% 105 10514 *104% 105 __ __ __ 14 — 100% 91% 103 101% 99% 102% 102% 105% 10314 105 98% 91 % 99 97 4 - 134 125 *85% *93% __ __ 137 295 __ — — — 97% 92 102% 103% 96 97% 97% 103% 125 82 163% 85% 93% 95 100% 94 98 103% 99 100% * 85% 85 86% 11 subord 103% 103% 105% __ *79% 75 *77% 127 *79% " *85% 1982 * June-Dec Jan-July Mar-Sept .-May-Nov -7Y T* -127 125 83 Vsr 122 106% '■ Th. . >■118' G h8 "• 99 90 72 41 ^ 3 99% 72 128 98 72 11 ' 100 97% 99 70% 80 *120 Jan-July $8 10% 8% 9% ' *97% 94% 96 ' "*96% *119 *64 66 66 . *60 May-Nov *60 April-Ocf *99% .June-Dec 100% *50 Mar-Sepf 100% 61 % 43% 43% 1997 *48% 64 43% 16 50 47% 48 44%. 48% Ex-rights, x (not Included In year's range), d Ex-interest, dividend, h Ex-principal, n Under-the-rule transaction for cash (not included in year's range), t Ex-dis¬ delivery transaction a Deferred year's g Ex-stock range), r Transaction z Ex-stock dividend. bid and ask prices; no sales being transacted during § Reported 84 102% 92 103 136 82% 86 the current week. receivership. above—"cod," certificates of deposit; In "cons," consolidated; "cum," cumula¬ tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting trust certificates; Abbreviations "w 1," used when Issued; without warrants. "x w," with warrants; "w w," RECORD (Range for Week Ended May 18) Week's Range Interest Last Period New York Stock Exchange \ Sale Price or first RR ref gtd gold 3%s 2000 -' General West mortgage Penn Penn Power West Shore RR 3s Electric 314s income 5s I Teleg. First mortgage 3%s convertible 99 59% 58% 59 19 97 Va 9714 4 80% 2 debs Wilson & Co Wisconsin Gen 1st debentures 4 %s s Central f debs s debs f RR Jan-July —— t•. • . v « Jan-July 9214 12 96% 99% 50 Vb 59% 50% 59 92 97% 80% 99% ~2 77 96% 104% 20 86 '• —— 81% 102 99 106% 87 — ' 1 94% 95% 95 3 94 95 92 121 89% 64 80% 25 95% 95 92 99% 80% 92% . •»— 95% 95 89% 99% 85 9714 97% 63% 64% 37 97% 61 16 86% 95% *8614 Co— mtge 414s inc series A Jan 1 2029 Electric Power 2%s 97% ■■ *73% 95% May-Wow Feb-Aug Jan-July 1978 * 77 106 % 106% *86% Mar-Sepf 1975 1 103% 97% 106% Mar-Sepf Mar-Sepf 1980 i *75 1987—Feb-Aug mortgage 4s series A 2004 mortgage 80% *101 May 514s 314s series D 1967 3%s 85., 58% ... 59 33% 94 9 98 % 1984 Co 98%. 96 __ High -r-r *9214 1966 Westlnghouse Electric Corp 2%s 1971 Wheeling & Lake Erie RR 2%s A 1992 Wheeling Steel 314s series C 1970 29 • *85 .*79% gtd 2361 debentures Union —* May-Wow 1974 series 4s 36 98% Jan-July Jan-July 4s registered 2361 Jan-July Western Maryland Ry 1st 4s ser A 1969__April-Ocf 1st mortgage 3%s series C 1979 April-Ocf 514s debentures 1982 Jan-July Western Pacific RR Co 3%s ser A 1981 Jan-July 1st , Jan. 1 Low No. May-Nov 1979 3%s , Range Since Sold High 31% Feb-Aug Washington Terminal 2%s series A 1970___Feb-Aug Westchester Lighting gen mtge 3%s 1967—.Jan-July Bonds Friday's Bid & Asked Low Warren Mar-Sept *86% __ __ __ <■ — 86% *86 74% *88 *90% — Wisconsin __ — — — 87% 86% __ 13 74% 5 " __ 118 120 109 : — __ 8 111% 96 72% 7114 4 — 7214 7114 84% 84 % 84 % 110 75 2%s * May - June-Dec 1979 91% >65 __ 47% 57 — 4714 *80% Mar-Sept Jan-July 1976 79% 84 85 82% 86% 85% 88 71% 8614 90% 74% 86% 90% Public Service 314s 1971 91% 80% 89 91% ~1 79% 113% 120 107 Yonkers 1st 3 75 72 1 83% 85 mtge a not 414s Deferred Included 116 70 6914 Elec Lt & Power 2%s Youngstown Sheet & Tube In the Included in series H 1 1976 the 1990 Bonds .April-Oct 102 102 — 100 9 102 In the year's range, d Ex-Interest, e Odd year's range, n Under-the-rule sale not Included in the year's range, the year's range, y Ex-coupon. selling flu' ■ , delivery sale not Included Bankruptcy Act, or securities • Friday's bid and ask prices; • ♦79 Jan-July Co— § Negotiability impaired by maturity. • Companies reported as being in bankruptcy, Co— Gen mtge 4s Income series A Jan 1981 April Gen mtge income 414s series B Jan 1991 April First mortgage 3%s series B 1971 Feb-Nov 72 92% 78 106% 111 127 92 89% — • 94 • — Mar-Sepf 89 V 3 Bonds being traded flat. • * Friday's — — — Feb-Auo debs 95 103% 91% 89 Jan-July 1947 distribution, in West 10014 100% *86% Mar-Sept Mar-Sept 1973-April-Ocf May-Nov 6s 6Hbnrd Income debs 2008 Vornado value, par Wisconsin Aprll-Ocl Virginia St Southwest first gtd 5s 2003 Virginian :? 99% 90% 186 Jan-July (Plan A) 2s 2012—Jan-July 1 stamped included tribution. Range Since Bonds High June-Deo 1978 First and refund mtge 2%s 1927) 3s Jan Ex-liquidating First subord 90% 1921/4 10214 4 12 94 Assn— BONDS *90 100% June-Deo subord conv 931% 98% - ~ of Denmark 5s 1972 (Plan A) 2%s 2008 of) — fund de Janiero Rio 97% 93% 104 5 614s 1949 Oct Mortgage Bank 96% Co— 414s 106 29 93% Jan-July Jan-July Feb-Aug 214s 2008—May-iVot; 1967 B stamped (Plan A) Mortgage Bank of Bogota— • 7s (Issue of May 1927) 1947 117 86 42 1967 A (Prov) Whirlpool Corp conv 414s 105% 105 102% 102% 103 Vb 10314 Debentures— Maranhao (not 88 45 Adjustment 5%s • f of America— conv 3%s Vendo 101 ./ Knapp Inc 5s debs 1974 Western 1981 debs 4s f debentures s Vanadium May-Wow May-Wow 1967 Steel States 105 7/a 105 23 -- May-ZVop (Germany) 7s 1951Danzig Port & Waterways 614s 1962. Savings Banks and Clearing 94 100 98 101% 101% 103% 10414 105% 1101 104% Mar-Nov Mar-Nov Baden 130 17 117 96 12 „ Corp— German 102 23 90% 104 92% 14 ~1 ..1973 1976_^.__ 86 Q9 June-Deo 121 — 32 Co— debentures debentures Mar-Sept Jan-July 1980 debentures 2%s Rubber 2%s United Investing 93% 84 Foreign Governments and Municipalities 10014 •' — Bid & Asked April-Oct Mar-Sept 1980 Freight subord 1977 1978 debentures f s United S 4%s mtge & coll tr 5s 5%s 5s trust debentures f s & 85% 88% 80% 99% 100% Feb-Aug 1973 83 93% 84 90 24 94 102 Week's Range or Friday's - Low fund 1970 90% *85% 104% 104% Friday BONDS & coll 3%s 86 82% 85% ' 86 1104% Jan-July debs—; 6s debs subord 32 Friday sinking 1971 82 99 NEW YORK STOCK EXCHANGE BOND 3%s 3s 86% 98% 198% High 56 14 44 62 10014 101 100% Feb-Aug 1975 debs *121% June-Dec Jan-July Mar-Sep 1978 Chicago Transit Authority 3%s 1978. Continental Vending 6s 1976 Stores Corp— convertible subord 93 % 93% June-Dec 1969 Assn debentures Electric Inc Improvement conv Peru Steel & f (Calif) 81 95% 90 Jan-July Feb 37 J an Bonds Bid & Asked Snle Price Low s 1970 15 66 „ June-Dec • 4%s 85 Corp debs 6s ser A 1963 Washington Water Power 3%s 1964 15% May 15% May Week's Range Friday Interest BONDS 1st & 3%s Wasatch 4% Mar May 32y2 Corp Corp 514 % 6% 614 from Gas Gas Gas Jan '§ 7% May . 15% 3214 ooo wi 7,600 8 31 Ve 1 1 Co Co Continued 1986 Corp 6s May 1 1980 Transportation Corp of Amer 614s • 6%s 1985 Service Jan Davega 1985 Teleregister May Jan 13% ' 18% 15% 34% 300 x. 17 —. 1,450 . 18 1 1,550 Jan Mar 29 Jan 9% May 12,000 10%. 16 v; 96% 97 100 pfd- 14% Feb-Aug 1983 3% May 7% 1982 24% 2% May 90 121% 97% Q1 91 Mar-Sepf Mar-Sept Feb-Aug Mar-Sepf Apr-Oct April-Oct Apr Raceway 84 97% 186 Jan-Aug series 2% Brandywine 104 137 Webb Inc 2%s 99% 116% 122 180 April-Oct series 20 10,400 14% 15 1981 series 1,400 21 % 18% G 414s 714 5%s 7 25 97% 90 183 Feb-Aug series 1976 434s Jan Edison 85 97% Feb-Aug 1979 11 4,300 7 ■ 1978 F 25 800 8% E series 414s 1,000 16% D series Jan 900 8 series Peb Feb Co 119 117 118 1981__May-Wow Mar-Sept 1% 6% BSF 10 190 Feb-Aug 3s 1965 15i/8 600 2% 3s May 1 21% Corp Edison 3%s Jan 2% Boston 1972_ Power 3s May 300 2% 1514 32 Water California 3%s "471/2 May 25% 20% 8% May 1 22,700 1% 1 1 -1 Machine conv 90 97 , 314s Feb 38 29% Jan 28% Apr " Harbor Southern "% Apr Jan 100 300 3014 44 5s 51/2S 96% 87 2 93% 184 % 5,100 Jo 30% (P W) Ltd— Inc 93 1 97% 121% 121% 99% 101 Jan-July Corp— 32 89 97% 1998—Jan-July May-Wow . Equities 714s 96% 89 189 £1 • Amer 6s 110 319 181 176 __25 dep rc ts ord regular. preference Alsco Co 99% 80 206 96 1984—June-Dec 1967 99% 26 Feb-Aug Feb-Aug American Poods debs 3 126%, 101 Feb-Aug Apr • Zapata Petroleum & Gas 7s Co 81% 10314 85 Jan-July 7 Zion Electric 131 72 55 99% 99 104% 227 1973 20 Off-Shore 314s jan-July Public Rapid 5%s 96 ApriZ-Oct Power 95 -. 13 . 138 11614 105 80 1976 -1 common April-Ocf 1971 110 .101 214 1973 —10 (The) Inc Brothers Co Jewelry 1968 80 C 16 New 3%s 99% Feb-Ocf Apr-Ocf B —1 Zapata Jan-July 1976 1976 1970 Realty 103% 107 A 100 Zale 1963 5%s 6%s & 104 59 10414 139 series Williams 6% Jan-JuZy 24 A—' 103 53% 61 10414 110% 80% 81% 80% 98% 70 122 series Williamhouse Inc 1976 118% 104% 196% 107% 95 ' 108% 112% 102 series • Raceway 3s 1974 to America Water 110 Ltd— mortgage mortgage 20 3s —1 U 1st Power 58% May-Nov Mar-Sep April-Oct ApriZ-Oct Quar-Mar 5s Co Petroleum Pennsylvania 3%s Corp extended of 1982 1977 1984 5%s Power 1953 Corp 5%s 57% 153 24 61 107 110 9 96% 74% 58% Uq tr ctfs— 1963— Corp Research due 1st Hess Electric 6%s deb conv 7% 6 84 96 3 %s Wichita Wiebolt Stores Inc Yonlcers 5%s Co 130 31 71% May-No* Linotype Co 5% 121 . 71% Jan Whitmoyer Laboratories Inc Yale Realization Tr 6%% 87 128 Jan-July jan-July " .' Chemical 47/as 1978 Valley RR 4s 84 3% 14 Woolworth Corp 1st 6s 1982 Midland 87 1973__Jun-Dec 2% 13 Ltd Jun-Dec conv. debs. 1972 105% ; /. 0 3% — . 94% 95 . 9,500 —1 Industries 7s 66 51 5% 81 90% 7 . 7,300 26% Industries t4 *3%' 214 25% (John) 1981 conv. Kawecki National 105% 110% 214 —1 Woodall 105% Jan-July 4% 12 Wood 1970 2% 21% Wood Newspaper 4s 4% 11% Light 4V2% May-Nov BR ( 17% 71 5 Feb 21% & 94 Apr Feb 12% Pwr 93 ApriZ-Oct 4% 21% Wisconsin 1963 7% 10c preferred debs 1974 4 35 15% 50 Jan 10c Wilson 70 3% Mar _1 t5 % 77% 66 5% White Eagle International Inc White Stag Mfg Co Industries 77 67% 4,500 -10 & 6s Western 6s High 28 " 77% 2,600 • _ Inc (R C) subord Manhattan Oil I 12 Apr-Ocf 1981 Power Livingston 15% 5% Weyenberg- Shoe Manufacturing Whippany Paper Board Williams 15% Map-No* Corp— «■ Mergenthaler Low 34 4% -20 Williams-McWilliams & Jan. 1 No. 34 17% 5% —la Stationery Oil 1993 Construction •Italian Mar 21% 14% May B May-Nov 5% 16 • River Jan 6s Hydrometals Inc Ltd— Westmoreland Coal Westmoreland Feb 4 Feb 93% 5% Hudson Jan 104% 93 y8 May 600 3% 2% Apr 5%s & Range Since Sold May-Now Stores 5%s Hoffman International Jan Jan 29 30 —5o Invest rets ord shares & iy2 36,900 6% Jan 3 & Hartfield Nuclear 13 series 1993. 214s Nuclear Western Tablet 1% Guantanamo Bonds High » 'Registered Occidental .... 4s Development Jan 93% 6% -50c Western American dep 3% .100 pfd Fashions new. common1 Development Co ,10c Equities Inc Western 94% 314 1.25 Inc 4.40% Western Western 4% May 10 y2 May 2 Mar series A Builders • RR— 1976 Inc Friday's or Bid & Asked Division— J General Jan ' Products Utilities 400 15,800 1% 94% III Inc Manufacturing West West 1% • Company 4% ~2 ~2 1 preference & Westbury Inc Co N General 6% May ~2% 4% ,\i __ .10 Precision Instruments & $6 t Inc of Realty wts 71% 1% May 2 39 28 35 " Bond & Western mortgage ex Fotochronae 4% Jan 3% May & National 6%s Nippon " Aircraft Week's Range Last Sale Price Low mortgage 4s 1st First Feb 12 6% Mar 3,000 11,200 5,000 11,900 Jan 11%'Feb - • 914 35 , 7% May 10 % Jan 7,600 4 6% Feb I;'"'914 Jan May 914 May 834 May 1,600 Apr 8 30 50 2,100 8% 1 Co Coke VTR Waitt 1st Feb 67% 6% May 40,500 Feb 4% Lack Lackawanna Apr 41/2 Apr 6,200 J Vogt Waco i • ; Jan 6% 2,400 9% 9 250 Virginia Dare Stores Corp Iron - 10 714 15 1 —1 Corporation Virginia 600 3214 914 814 814 25c Co • 9 1 of America Capital Corp of America (The) 32 ~9% 5 * Corp Victoreen Vinco 7% Mar ' 214 May 3% May *'• 734 Corp. Sugar Corp — ' 2,200 .7 6% Marion Venture ; , Apr 49 y2 614 Utah-Idaho Valspar - 10 - cl A com_10o Insurance Universal Valve Delaware American Corp— 1962 L-z Interest Period High ' May. 6 6 \ BONDS American Stock Exchange Range Since Jan. 1 .7 ,. 6 Friday for Week of Prices Low (Range for Week Ended May 18) Sales Range Sale Price Par 37 assumed no by lot sale not r Cash iiato ' receivership, or reorganized under Section 77 C3 such sales being 102 companies. transacted during current . v . I week. ' > The Commercial and Financial Chronicle OUT-OF-TOWN MARKETS Friday Par American American Property Trust Providence RR_ & Boston Cities Associates com—10 Railway Co— Eastern Gas & Fuel Eastern 5% —100 adj_ -- 71 / J Co Electric Gillette ft 5 Co Motor 1 • 1 — 20 100 25 45 Corp Copper Racing Association.; England Electric System England Tel & Tel Co Narragansett New Chemical Mathieson Olin Rexall 43% S Refin Smelt Mining & Inc Electric Westinghouse Corp Sunray Oil Gulf 116'A Jan Westinghouse. ' 67% May 78% Mar 37% May 55% Woolworth 85% 74% May Cincinnati Transit Jan 11% Feb 15 Jan 26% 43% May 51 % 8 Cincinnati Gas May1 ; Jan American Apr 143 25 56% May 70% 7% 7% 50 7% May 757 31% May Cincinnati Milling 9% Mar 39% Jan Budd Cine Orl New & Tex Pac Transit A National 1 40 184 287/a May 32% 33% May 38% Feb 43% 50% Mar 38% 38% 10 100 928 49 May Jan 37% May 260 96 51 i, 100 60 46 % May 52% Jan 18 504 16% May 21% 231 21% May 24% Feb 34 35'/a 532 34 May 39% Feb 23% 25 640 237/a May 30'A Jan 73% 80 1,645 73 Va May 92% Jan 7 178 % May 16% 21% 21% 5 34 24% • 77% 8% Cards Krogex Gamble & Procter common 100 5 8% preferred U S Playing Card __ 1 Stores Ltd American Airlines Can. Cyanamid Motors American Tel & Tel American Tobacco * 5 Dayton Power 1 7 Light & 85 18% May 23% Jan 41% May 47 Chemical 41% 50 42% 45% 137 i5s/8 155/3 58 El 113% 121% Jan 786 113% May 136% Natural Ford 421/4 Apr 38% 295 45% 25 44% May 51% Jan 54% 59% 627 54% May 711/4 Jan 46% May — 53% __ 46% 46% 87 25 25% 250 25 21% 24% 254 21% May 36% 39 May 36% May 240 561/4 Feb 28% Feb Feb 2 8 7/8 43% Jan Feb 44% 61 43% May 56 31% 34% 401 31% May 52"% 20 21% Apr 25 Mar 39% 42 % 30 39 Jan 52% Mar 53% 53% 255 53% May 60% Jan 53% 2 53 % May 59 Feb 44% 185 30 25% 28% 233 42% May 25% May 54% 54% 100 50% 17 20 16 26% 89 25% 151/2 .7 52% 2231/4 __ Electric Motors __ 90% 1 General Telephone Goodyear Tire 7 15% 15 15 50 53% 357 221% 223% 50 75 106% 106% 7 1— Paper Ross & Aluminum Jan 32% Jan 828 30 May 77- 36% 'Jan 600 31% 1% i .1,363 2,958 13% Apr 2% Jan v>7 3 % May 500 2% 170 35 % 23 Apr 410 15% Jan 19 Jan Apr ;38 -7 Feb 16% Mar 25% Jan May ..>19 4% Mar Feb 4 200 4% Feb 3% Mar 2% Jan 100 ;--r<7 Jan 12 % 3%,May 35 7., 38% Mar 29% May — m; May t>7.- 24 - 1,266 23 4'A .v .100 . 2% 19- . 15 23 . 35% V Jan Mar Jan May May 221% May 101% Jan 54% Jan Mar American Motors Jan American Rad Jan American Tel 18 28% 17% Mar 721/4 Jan 2531% Mar Viscose American Corp Ampex 90 % May 1151/8 Jan Arkansas Louisiana Feb Armco 36'A Steel 68% May 781/2 Mar Armour 57% Jan Ashland 21% 21% May 29 Va Jan Atchinson 37% May & 39% 381% 39'/a 90 38 Va Jan 44 30% May 67 411/4 May ' 54% May 52 52% 55% 56% 53% 54% , Apr 21 __ 40% _ 22% 333/4 50 40 42'A 180 60% 64% 97 28'A National Gypsum 1 National Lead 5 45% __ 21 279 333^ (111) — Mar 31% May 57% Feb Avco com Jan 60% May Jan Binks 371/3 Apr Boeing 15 " 27% Mar 130 30% , Jan Booth Borg-Warner 501/4 51% 106 Apr 54% Jan Brach 821/2 30 82 % May 96% Jan Brad 15 15 15 15 May 20% Jan Brunswick 621/2 62% 59"% May 71% Jan Budd 10 i 5 Oil 5 Radio 20 45. J) Company new com 15% 30 15 May 18% Feb 46% 85 Feb 50% 60 501/4 May 60 Calumet & Hecla 24% 25 Va 2,100 237/a May 27% Jan 10% 10% 51 % 1,500 900 Jan 10% 50% May 57% Feb 31% Jan 44 % 50% 18%21 % „ 20% 3,200 21% May Canadian Exnort Gas Canadian 47% 83 45 591/4 Jan Carrier 55 55 60% 39 248 55 80% Jan 33% Jan 40 Mar 4%% Jan 24 16% 200 22% 800 20% — 16 x28% 29% 63% 1% 64% 1% 300 800 38Va 36% 39 — 61% May 1% — „ — 22% 43Va x36% 22% > 45% 37 6,300 40% 41/a • 30% 29 31 2% 32% 12% 23 38% 20% 2% 34% 13% 23% 43% 20 /a 13% 1% 23% 13% li« 23% 36% 47% 36Va 37 A 70U 47% 36 A 20 600 — — 1 — 8 12.50 41% —5 13Va Pacific common preferred — Caterpillar Tractor (Un)-— 10 50 • .— — „ — __ - Jan 75% Jan Feb 1% ■43% Jan Feb 24 V* Apr 43 Va 100 — Apr May 22% 600 450 1,449 41% Feb May 56 V* Jan 34% 200 _. Jan 36% May , , 49% 28 Va May 700 — 5 P2 8 25 36% Mar 63% Mar Corp 19 x22% — Feb 28% Jan — 13 71% Mar 18 % May 3,800 24% 10 14% 30r Jan Jan ~ 56 25 Ltd 32% 51% 37% Feb Feb (Un)__ 60 May May (Un) Inc 174 Mar 43 56% 531/8 May Mar Feb 28% 28% 5 Burton-Dixie Corp 33 431/4 May 46% May 57% 52 52%. Jan . j May —.——20c ... 46% Jan 24% May 6 15% Jan 800 •* 571/2 48% —, 18% May 7 May 55 Va May 37 Feb 20% 37 V* 437/a May . Apr 60% 14% May 30% May l,ou0 5 Corp 33% 10 May 52% Jan Jan 42% 35 800 Jan Jan 136% 25% 5 Foote Gear Works 54% 45% 54% For footnotes, see page (E & Sons 17% 18 Va Jan 24% .1 Corp Burlington Industries Burroughs Corp (Un) —33 % • 5 (Un) Co 50% __ (Un) Inc Com 43'A — 33 %c 33%c 49Vi 5 (Un) (Un) Fisheries Corp Apr 38% Mar' — 23% Company 1 Aviation Steel • Jan * Manufacturing 821/2 __ __ 15 % 70% Mar 521/4 Jan 42%' Jan 257/a 18% Co Corp Consolidated Bethlehem Apr Jan 24% 10 Howell & Bendix Feb 1 50% Mfg Co 1 Central oi Baldwin-Lima-Hamilton 28% Jan 47 47%'Apr 78% 15 % 950 4,800 3 Co Belden 44 i 38% 59% 46% 37% 58% America.^.00 (Un) Co Canteen 69% Mar 48V4 70 168 400 5,200 23% Jan 37% 55% 44% • 10 62% Mar 40 160 45% 19% -—10 10 pfd Corporation Benguet May 31% May 95% May 461% 33 18% May 113% May Topeka & Sauta Fe— Atlantic Refining 39% Mar May 44 " May Jan 26% May 30% May 300 — .Jan 6 - Refining & non-cum 33% May 103 44% 3i3/4 % May 317/a — 10 Common 5% 133 14% — 67 21% May 1,000 10,700 1,800 30% — 56% Jan May 23 59 % May 3,000 16% 16% 28 19 200 113 % 122 35 38% Jan 57 42% 2,930 327/s 12 % Mar May' May 41 900 3,800 ~ 5,300 720 200 66% 22 V* 29% 8% Mar Feb 55 1,500 — 2.50 Gas.. (Un) Corp Co Oil Feb 175 15% 15% 9% Feb 19%,Mar 17% May 22% May 42 300 59% 15% i.—25 1 50 1.2ft (Un) Company Corp., 49% May 45% 21V2 26V2 32% 6% Mar 115 174 97 Pet (guilders) Inc 93% 28% Corp of America Republic Steel Reynolds Tobacco ; Industries 90% .32% 15% -—1 (Un). Corp Apache 41 'A 120% 35 (Un) Co American Tobacco Co (Un) new com 6.25 Anaconda 30% 15% 33% San Stano Tel ■ 1.60% ft Corp & & Jan ft ! 63% 1 1 (Un)^. (111) Climax 60% Mar Jan • RR —: — 673 1 ; 19"% 43% •■ . 1 Apr 18% May 13% May 2,700 900 880 44% 45% 1 29% 1 (Charles) 19 41 Metal Jan 27 % May 19% 43% 44% American Co & 531/4 10 1 28 45 ± 24 x56% , 18% ..12.50 (Un).—1 10 Co 232 __ 43% 55 14 79 Jan 900 100 .7 9% ~ - 69 1,900 6% 22% — — Foundry——1.75 71 30% 15% 17% 18 1 (Un) 13"% 42 10 - 150 1,400 f 14% High Low 7 .7-;"- 72 9% — Machine Jan 10 Pepsi-Cola 1 (Un)., 26% 29% Range Since Jan. 1 Shares 7 High Low 6% 7 6% Investment 26 ' of Prices • 14 14% American 52% • Range — American Amsted 56 only Sales for Week Week's 71 % Home Products 25 2.50 ... v American 249 Distillers 4% May 29% 2% Cyanamid 227 Ward Cash Register Dutch Jan May .'v% 2% 14% Friday Last (Un) American Airlines American Can Co 45% May | Royal 30% 35% • 22 % May National Pure 2 3 73 % 25o America of Co 281/2 Mining. Petroleum Jan 31 107 900 29% 5 Mfg 90 • Phillips Feb 57% 100 . 26% /- -—7-9 103 2 Pfizer Jan 27% May 50 3% 30% 31 , Aluminium Ltd 68% __ ft Pennsylvania 7 (Un) Chalmers 49% 5 American Jan May 23 % ' — 1:7 48% Monsanto Chemical North . Chemical Allied 39% Tel Corp - ' Alleghany Corp 23% Corp York 7- 114% 1,580 compilation of the round-lot transactions 7 Electronics 23 Montgomery New 4% 41 % Mar Jan 90 Va May 41 •>•••'- 31 J. 30% - 10 Corp Advance Bell National 35% 7,626 1% 3 -- 1 Co. Admiral 28 (P) Minnesota 27% Mar May 3% Mar 171 4,352 - f : ' 1% :y Par Steel Acme 37% McGraw-Edison— Mead 52% _—10 —1 . Laboratories Abbott 28% Laughlin Martin-Marietta , 7- : Automatic & 24% 50 >-Sale Price • 8% Lorillard 23 % 52% > 5 Co.*.* . __ • Oil Jones 93% 23% 26 400 - Jan 56% Jan 100 4% 36% 90 Va S T O CK S 3 Tel 26 4% 36% ,-2 Corp 45% 29% __ 3.33% * Greyhound International 26 —* L-* ^ 52% 1 1% International Jan ,15 Co. 22% 3 Dynamics Gulf 61 American 54% 26% __ ft General 2,140 Jan 22% 17 27% 1% . Motor General 57% -• A Allis 43'A 42% 10 Gas Dept Stores General Feb 57 57 Jan 34"% ft Kodak Paso 11% 1 Feb 17% 45% ft Federated 10 ' 47/ Jan 42 % May 15% 34% May 1 Pont Eastman 100 59%. Feb Midwest Stock Exchange Feb ' DU Jan Apr 10% -—s—1 Feb 22% 50c ! Steel Dow 20 41% 1 Wright Detroit 18% 32% 10 Gas Products Curtiss - __ 10 Colgate-Palmolive Corn 12% 42% 10% __——10 Distributors Shirt ■ 1 ^.2.50 Scotten, Dillon Co Udylite Corporation Mar 4b % May 1 Manufacturing Feb 53 10% May 37% May Co—L Rockwell-Standard Jan 15% - 688 —1 Jan 38% 25 Ohio Service Columbia 28 % 46"% 1 0 & 23% May 23% 5 • Corp. Burlington Burroughs Chesapeake 190 __ 8 Steel Boeing Cities 23% 66% 58% 3 Brunswick _ Co - 1,443 ! & 1% 7 :. 1,850 • Jan 23% 34"% 1 Oil Bethlehem W) May 12% May 40% May 7' 11 1.66% 1 Co— & Apr Feb 18% Mar " 37% —: Co.—T 7 10% 1 12% Mar 23 11 — 10 Corp ,. 18% May 119% 6.25 Armour -,,1 7 ,10 May * 2 58% May 75 y,. Armco Steel 10 63% — 33% new . 18% 19"% 1 Co 10 18% '— 50 Avco Jan 63%' 1.66% Anaconda Ashland . Co 9 16% 37% • 1—1 1 5 Inc Co 639 50% 1 288 41% 49% 10% — Chemical High Jan • Co Brewing United 49% 13 41 7. i—5 Davis Rudy 13 10 .—>_ common. Stamping Corporation (H 1 ! 5 i_25 20 Parke Jan • 1 American a—1 —5 Co 5% 12% May 16% Feb 30% Mar 63% • 12.50 American .«*•,, — ' • — American 29% 35 182 18% * 10 Allis-Chalmers Aluminum 1,800 7 — Stocks Unlisted Alleghany Allied 178% 178% 30% 30% Jan Low -1% Mfg- Co_i.___7 — Masco Rickel Gibson 70 Feb Range Since Jan. 1 7 220 Lansing Pfeiffer Shares High 16% Trailer (S S) Jan 22% 16% Jan ' Co Mfg Kresge Apr 5 Picher Eagle Jan 90'A for Week 16-% Brewing Hoskins Feb 48% Jan 39% Sales Range of Prices 100 USA Lakes Great Jan 87/a 46% Jan 103% May 620 46% Jan .78% - May 65% 414 Motors Motor Goebel Feb 113% 8% 82 Mar Jan 8% < 75 $500 7% General Motors Corp Jan 35 232 103% 106 20 12% Power Ltd Fruehauf High 100 1 Chemicals Bois Range Since Jan. 1 Low 1 Diamond Du Shares High 29% __ 239 / Jan 34% Mar May 31% May 7% Corporation Chrysler Corporation Consolidated Paper Ford 40 105% 50 69% r 7. Feb • 121% 55 % 12% Economy Baler Co Federal-Mogul-Bower 34 47% — 12.50 28% Mar Products.—L—1 Metal Company Drewrys — common_.720 Telephone Cincinnati 75 Low >7 1 Burroughs Sales for Week 46"% Cincinnati 98% May 1—1 Detroit Edison 28% 10 34 - 59% Mar« May, ,i.23 56 Week's Last Sale Price . — —. Brown-McLaren 43% Mar 30'A May 31% 46'A 8.50 28% . Exchange Friday Electric & Equip... Supermarkets Allen Allied 751 40 10% Mar 50% May 15 Feb Feb ■ 59% •< J? Par Feb 57% 30% __ 56 % 7.; 25% May I 464 75 ; ) ■; - • Feb 26 31% Jan 59% May . May 113 29% 59 31% " 31% - 62% 56% 30% • 29% 55% Detroit Stock Jan 56'A 24% of Prices ;•/ 89 deb S T O CK S Jan 30% 10 common 4%% Jan 24 Low "7. 286 1714 8 10 55% Jan 51% May Jan 23% . '•< Jan 41 41 Sale Price 49°^ 57- Apr 28% May Par ; > 25% 10 Mar Range '•< May> 17% May 2 Jan -Feb 56 Apr 23% 40 Week's : 98% 101% 29% 56% • : . Cincinnati Stock Exchange Piano W) bonds 31% May Last 48 Jan 87% 7 48% May 8 69% ' Electric (F Continental Baldwin 98% Jan 486 Friday 74% May. 50% Jan 45 15 __ Carbide.— Consumers Carey Manufacturing Champion Papers common ] Sulphur • 56% STOCKS ... 7 26 % 7 16% 34% 33% .... 50% „ Shoe 34 31% 543/3 53 38% Mar ■ May 30 454 131 . 7 . 25% , 12% —. Jan 31% 50% ...521/4 8 ...1 ■ Texaco Feb __ ' __ 59% 1 Steel 53 __ < 531/2 10 —; S 25% • 6.25 System ;__7 —— S 80 Waldorf J)— (Ohio). U 18% 57% U Oil Jan 38 57% • Oil. (N Studebaker-Packard >«. Feb — com—251 com 50 Standard 18% 56% . 77 "52 18% . ——.6 % 48 21 ' High 7, 31% May 51% 48 • — 7 81% 51% — 50c ». , (Cal) 24 14% May — Co : Oil 72% 71 349 • Machinery Corp 1 77% ,• .15 .' 5 89% May 224 Shoe ...3 Jan 90 Torrington Company 200 Apr 15% 40'A 29% 21% Union 34% 28% 21- a. Standard Texas 14% 38 __ Fruit Feb 33% ._ 56 21% ... Rand Standard 32 Va -1-2/5 Co Range Since Ja Al« 1 Low 31% U 750 1,069 695 1 United Sperry Shares High 32% 14 305 Stop & Shop Inc United Feb 55 33% May — • Association 11% 24 58% Southern Low -'. 5 Sears Roebuck Socony Mobil Oil Sales for Week Range of Prices 22% Mar Jan 34% ft Drug & Chemical Co Shawmut 75% 11% 25'A 46% 74% — 10 2.50 Pennsylvania RR 37/2 Jan ; Regis Paper Schenley Industries 57% 150 544 1,553 1,421 1,874 71% 42% Jan 55 Apr 17 Jan Mar 76% May 44 % May 137 19 — Company Kennecott New 45 61 %) 94 52 % 93 Jan 52% May 40 19 Jan 35 395 18 /a 583A 89'A 68 % — 136% 63 2 53% —/ • First National Stores Inc General — Jan 80% Street Mass cum .. 17% 113'A May 43% May 477 110 44 A —. 30% Mar Jan 15 Par , St High' 25'A May " 203 52% 18 A — 5 Co Range — 10 Co Service Copper 84/2 : / Low * " 9 505 6,228 ■ . 15 /a 16/a 113% 122% 44 A 46 A 82 A 84 4 64% 64% 39 A 39/a . — 25 • 100 Co Edison Boston Boston Personal 15 /a 120 50 Anaconda Company 25% 2514 -- -- Week's Last Sale Price • . Range Since Jan. 1 Shares High Low Agricultural Chemical—Motors Corp »1.66% Tel & Tel— 33% American for Week of Prices .. . Sales Range Last Sale Pi ice STOCKS / Week's Friday S S T O CK Monday, May 21, 1962 (Range for Week Ended May 18) Boston Stock Exchange Ford * . . (2410) 38 Jan Feb 43 39% May 4,900 100 48 29 397/a Mar May 2% May . Jan 2% Mar 31% May 52% Jan 12 % May 15% Feb 22% Apr 25% Mar 38 Va May 9,800 260 800 3,200 200 53 % Mar 19% Feb 13% May 1% May fe00 20 23% May 36% May • 47% May 34% May ^ t:.? / •, 24% Jan 17% Feb 1% Feb 26 42% Jan Feb 47% May 42% Jan Volume Number 6161 195 The Commercial and Financial Chronicle „■;. (2411) OUT-OF-TOWN MARKETS Friday STOCKS I V • % 35% Corp of America (Un) Central Illinois Public Service _•—— - 39 500 20% Celanese 21 Last 400 43% Mar 35% May 20% May / 21 May of Prices Par Mississippi JRiver Fuel Modine Manufacturing Co. LOW 10 Central South tfc West 2.00 Corp— Products 42% 41 1 Champlin Oil & Ref common 1 $3 convertible preferred * Chemetron Corp , ;_—_1 Chesapeake & Ohio Ry (Un)___.._—25 Certain-teed (Un) .37% 27'% 267/8 Jan Feb 36 y4 May 52 y8 Jan 29 Feb Apr ' 58% 41 62 62% 21 ya 21 Va 53% Paul & St * Pac__ 54y8, Mar 65 Feb Cincinnati Cities Service 4%'% Iron Muter Jan 40% Mar 37% 400 35% Jan 42% 45% 44% 46% 2,700 43 % May 32% 30% 32% 4,000 71% 78% 400 30% May 71% May -IIIII5OC Co aJL Iron Corp System Fuel Colorado Columbia —-15 /Un) com & Gas Edison 39 62 x/2 . 12 Va v __ 26% Jan National Gypsum Co National Lead Tile ■ 62 24% 37% May ,91 Feb 43' 58% Feb 25% 41 y2 39% 33 & ^-1.33% Foods :, 1 (Un) 4% 15% 59% 63% 27% 27% Car Illinois Corp new com___7 Corp Gas 93% Mar Northern Indiana 70 Northern Natural ' Apr 54% Jan 12% May 17% 30% Apr 39% May 38% Gas Co Can Continental Insurance Continental Motors Controls Corn of Co Products (Minnesota) Northwest ft 100 May Jan Oak Manufacturing Edison Co Steel of Ohio Oil Co 23% May 900 40% May 47% Jan Olin-Mathieson 700 60 May 71% Feb Owens-Illinois Glass Pacific Elec r 12 11 400 27y2 200 10 % May 25% May 34% 54% 900 50% 60% Mar 30% 32% 300 30% May 42 17y4 17% 200 17 21% Mar. 17 17% 1,300 Jan May 15% Mar 1 > Oklahoma Natural Feb Mar & Detroit Diamond National Chemical Drewrys Du (Un) Corp Manufacturing Dodge Dow Co — Co Co " 1 (Un;—__5 46% 100 30 % • 52 Va 50 31V2 450 50 y2 31 y4 . 56% 46 % • 50 56% — ___—5 ____ Ltd USA Inc (EI) de Nemours Pont 49 % 1 _20 1 5 Company Edison 17% Jan Gas Amer & 52% 1,800 25 y4 > 224% 25 V* 46 y4 Paramount & Air Eastman Kodak 1 Inc___ Lines 29 >' 536 Jan 218 Jan Pepsi-Cola -34% Mar Gas Pfizer ——___10 (Un)__; Co 23 108 104 100 (Charles) Feb Pnilip Morris Inc 1,410 102 Jan 23 6,000 22 May May Jan Natural Paso 3 Gas_ i Elgin National Watch Emerson Electric" Mfg 22 22 ys • 115% Mar — , 1 12% 12% 32 _5 35% 36% 1,600 81% 200 32% 31% 35% 1,600 6y4 2,200 49% 500 Service Fairchild Camera Falstaff 6ya Instrument Corp_l 44x/2 Corp & Brewing Corp— Tire & Firestone 1 Whitney ___1 _ Rubber (Un) Wisconsin* Bdflkshardsi?—__—i_5 Ford Motor 'Foremost Dairies Fruehauf Trailer F W D Co Co *,— 200 33 300 39 Quaker Feb Oats Republic Feb Revlon s%23% Amer 1.25 Transportation Corp__i Box General Candy Corp__ 5 General Contract 62% 1 Rexall Drug Dynamics:'' Electric 60 Jan Reynolds Metals 115% Jan Reynolds (R J) 9% 10% 1,180 9% May 14% Jan Richman 23% 1,200 22% May 27 Va Feb Royal 8x/4 400 8% May 68 y4 General Foods General Mills General Tele Utilities Tire Genesco Gillette (The) Alden Glen Glidden Co 3.33% 1 22% 26% Tire Gossard (W H) Granite City Drug Gray Rubber <& Co new com____„. Steel Louis St Jan- National Public Mar Louis 57% 150 24% Apr 30% 100 31% Jan 37 Schwitzer Sears Roebuck Jan Servel Feb Sheaffer Mar Jan 29 Shell OH Apr Signode Steel Jan Sinclair class 3,000 Lakes Dredge & Dock Jan 54% 14% Feb Southern Co 42 May 45 % Feb Southern Pacific 377/a 39 3,900 37% May 44% Jan 16y2 16 18% 400 * — 62 62 29 25% 29 38% 38% 40%" 39V2 ' 1,400 Greif Bros Cooperage class A Greyhound Corp Gulf Oil Gulf States Hein :_8.33% : Utilities (G) Werner Heller ___3 (Un) Corp Heileman . Brewing Co_— 1 Corn— (Walter E') Co new 1 Bartlett " May 73% 200 2,600 73% May 51% Jan 63% Mar 1,400 32% May 40% 45% 49% 2,800 51% 1,900 45 % May 46 % May 59 % 46% 38% 40 37% May 28% May 52% Jan 47 17% May 24% Mar Socony Mobile Oil (D Industries Inc Sash Illinois Brick Sperry Rand Spiegel Inc Corp (Un) 1 50o - Oil of Indiana Oil of N Oil Co Packaging 140 vy-'v'1 2 7V2 7% Sunbeam 33 .'Apt Inland Steel Interlake RR International International Mineral Chemical & International Nickel Co International Paper (Un) International Shoe International Tel (Un) Swift & Tenn Gas 29% May 2,840 6% May 9% 7% 700 7% 7% 27 . 28 % Mar 27 27% 800 27% 1,050 26% May 31% Jan Texas 38% May 46% Feb Texas 40 38% 40 7,000 Co Apr 2,090 Transmission Jefferson Electric & Co 40% 37% May 48 % Jan 29 750 27% 30% Apr Textron 52y4 49% 52% 900 49 % May 38% 300 39% 72 100 72 30% 32% 26% 2,500 Jan 38% May 72 - May 30% May 57% Mar v 56% 85 i Feb Jan Corp (Un) Laughlin Steel Thor Power Toledo Aluminum & Tool 28% Mar Tri 41% May 57% Feb 208 23 % May 25% Kennecott Copper Corp Kimberly-Clark Corp 26 % May Continental So : 10% Mar Bag-Camp Union Carbide 1,300 9% Mar 49% 300 49 % May 59% Feb Union Electric 56% 1,600 53 72 Feb Union Pacific 10 May Gas Co Co & Llbby McNeil & Co__ ; Libby Liggett & Myers (Un) Printing Co common Ling-Temco-Vought Inc Air 75 76% 1,400 75 May 85% Jan United Lockheed Aircraft Lorillard (P) 65% 65 % 100 65 % May 78 % Jan United Fruit 7% 7% 100 Mar United States McKay Merck Merritt & Co Chapman Middle South Minneapolis Minnesota 700 Feb 58% Mar 24 Vb Mar 25% 26% 900 25% May 28% Feb 39% 39% 40 % 1,320 39% May 49% Feb 23% 5,100 23 50% 55 3,200 50 % 16% 17% 200 16 % May 18% Mar 46 46 100 39% Jan 51% Apr v> X23 55 Jan 25% Apr 59 % May Mar 15% 17% 3,900 15% May 23 V2 25% 27 1,200 25 % May 31 % 56% 26% 56% 100 55% Apr 64% 32 ya 200 25% Jan 35 % Apr 500 25% May 38% May 31 Mar 42% May 51 ya jan 68 76 Jan 32 25% 42 42% 4r#% 69 69 37% H 25% 38% 38% 300 98% 101% I 25% 2,800 :i" 400 an Feb 47% Feb Jan 9 Lines —— Corp 6% • (Un) 5 Inc 10 (Del) (Un) Co__ 1 • Gypsum 4 Industries States /- • 98% 600 36 46% ' — 2,300 47% 1,100 30% __ 900 31% 46% __ 48% 30 Y* 31% 31% 1,000 7% 7% 24% 17% _8 83 17 __ 26 83 26 1 18% Mar 36% Jan 98 % 43% Mar May 120% Jan Feb 51% Apr 30 % May 43 Jan 34% 46 Jan 50 Feb 39 Jan 1,700 29% May 7% May 1,100 24 60 83 8% Mar Apr 30% Feb May 16% May 104% Jan 600 24 % Mar 47% 566 47% May 55% 59 7,800 55 Va May 78% Jan 19% 20% 700 31% Jan 1,900 19% May 41% May 54% Jan S Rubber Co (Un) Match __ __ Feb Universal Oil Products 1 12% 13% 1,550 12% May 21 Jan Upjohn 1 23% 86 24J/4 1,210 20% May 25% 427/a 447/a 400 41% May 52% Feb Walgreen May 63% Feb Webcor Jan 10% Feb Western Bancorporation Union 89 400 85% May 110 Feb Co (Un) Co Inc 1 (Un) Telegraph 45% 100 5,400 Apr 36% May 55 37 y4 46% Mar Westinghouse Electric Corp.. Whirlpool Corp 21 23 y4 7,000 21 May 28% Jan White 57% 127 55 May 67% Jan 39 200 35% May 82% Jan 39% Mar Wisconsin Electric 94% Mar Wisconsin Public 10% May 12 % Jan 13 Feb Woolworth 13 % Apr World 16 Va 18% 60% Feb 400 42 52% 100 . 52% May 11% 61 May Mar Jan 65 % Mar 3,700 9% May 15% Jan 30% 32% 600 Jan 36% 300 29% May 35% Jan 38% 36% 41 % Jan 32 31% 34% 2,600 31% May 39 Ya Jan 28% 28% 29% 800 27% May 33% Jan 46% 46% 100 44% 52% 49 49 200 48% May 55 Feb 51 54% 250 50% May 60 Mar 36 36% 400 36 40% Apr Jan < Feb 200 10% 10% 12 y2 12 y2 50 1 17% 17% 200 II 45 10% 10% 36% 46% 52% 2 2% 36 y4 — 41% 44% __ — lo 45% 83V* 49% Jan 85 y4 * 37% May 20% Feb 19% 200 44 Jan Wilson Motor & Co Co (Un)_ (Un) (F W) Publishing (Un) 10 L _ • 10 5,130 33% May 39 Apr Yates-American 12 Vs 12% 1,400 11 % May 14% Jan Youngstown Sheet & Tube 60Yt 64% 11,000 60 % May 70% Feb Zenith Machine Corp new Apr May Jan Co_. com. 77% 73% 77% 400 73% May 92 13% Co 12% Radio 10 Service 62!/2 34% 5 • Power • 33% 6.25 1 1 For footnotes, see page 45, ; 10% 57 847/a 10 Mar May 47% 83J/4 Utilities 66 7% 217/a 7% 2.50 39 Brewing Co & Mfg (Un) Mar Jan 16% 55 Min 34 45% Universal * 12.50 28% May 1,000 U S Steel Corp 55 Scott 50 64% May 59% Feb U common Products 55 * "" Feb • & 29% 54 Jan Jan Co Food 23 % Mar 29% 55 49% 17% Mar 23 Meyer Blanke Co Mickelberry's 15% May 46% May : 60 % May 58 Va Feb 27% __4 16%c 200 • 31% 1 (Un) 17% 51% Mar May Corp Co 15% Feb Jan 2,700 12% 9% & 51 Va May 38 34% 20 % May 51% W) 800 27% May ,25% Feb 26 200 Machine 10,200 52% 24% 100 300 600 (F 2,900 54% 17% May 600 : 600 97/3 Mfg 49% 50% 3,700 v 2,100 53% common Jan Jan 21V2 97/3 Cement Apr 141/3 51% Field Feb 35% 27% 1 Marietta 70 30% i3i/2 5 Marquette 32% 57 May May 31% Jan 26 2OV2 50c 1 32% May 48 25 141/8 (Un>— Marshall Means Co (Un) 1,500 27% * (Henry C) & Co Lytton's Martin Corp Apr 1,700 26% Apr 51% 10 Corporation 25 55% 6,000 51% 21 10 Corp United 50c 49 53 49 400 Western Tobacco Lincoln Feb 40% (Un) 36% Mar 1 Jan 40 37% (Un)___ 31% May 4 , Leath 32% 3,000 1 i Corp 1,200 5% Corp Paper RR Aircraft United Laclede 25% May 34% May 47% • St 5 Knapp Monarch Co Feb 200 2,300 ,v —2 (Un) Corp (Un)_ Salle La * (Un) 40 25% Jan 500 32% 31% Jan Jan Jan 36% 8% mm5 31% 33V3c 36 9% ; 5 Co Corp 1 Chemical 7,400 37 14% 10 59% • Edison Co Transamerica United Kaiser May % May 7% 50c Ramo-Wooldridge 53 9% 54% May 8 8 18% .3.33% - 49% 5 10 10 700 300 30% 8 _ 38 Va Mar 400 23% Inc Thompson 2,100 46 23% V 26% 41% ,_5 Manville Jones 220 8% 30 fto Gulf Union Johns Jan 56% 52% -—12% Transmission 28% • (Un) Co Inc Eastern 38% • Tel 88% Jan 30% 53% 25 28 V4 3.50 & Interstate Power Co 72 17% 1 Company 391/2 • Feb 2,400 27% 18 —— 49 1 (Un). Producing Texas Gulf Sulphur (Un) 5 Jan Jan 9% Mar Jan 26% 2.50 , 59 5 Sunray D X L Oil__ Jan 150 7% • _: Jan 62 5 • Harvester — 2.50 _ Corp • Co 26% 48% May 1 Jan 29% 6% * Steamship Co ; * 1 Corp Sundstrand Texaco Illinois Central '=.»• 7 common Jan 142 17% 60 49 I" 10 64% Jan Feb 14% Mar 34% 53 25 (Un) 49 % 10 ; J Apr 135 . J an Mar 25% 0.20 (Ohio) 18% 10 ; Co California of 15% May Apr 11 900 8% 36 36 35% 9 Corp Corp Studebaker-Packard Corp 100 10% 10% 5 Storkline 50% 39 8 •. ■ »'T." 55 8% —; ' Apr 9% Apr 10 82% _ Stewart-Warner 50% 1 82% Standard 29% 1 1 Door & - 140 20 .' Corporation Huttig 50% 12 Feb 40% May ... 31% May 1,450 11 Jan Jan 50 4,200 78% 15 (Un) Feb 700 15 10% 33% 25 (Un) Co Jan Jan 52 10 31% 1 (Un) 18 i. 15 Apr 52 31 y8 50 Standard 38% 16% 33%- Jan,:/- 48% Standard 43 % 15% 4,200 48% Apr Jan 12 39 Jan i31% 800 Feb Jan Jan 15% 37 Jan 80 % 300 Apr 25 38 800 30 Feb Mar 41 , 53 % May 29 Apr 1,365 29% 2,400 4,100 7 700 29% m>« 21% 44 Vs 66% •s 3,ieo 12,400 1,050 47% Oil Jan 13% .m 14% Standard 57 16% 29% 60% 46% Feb 100 13 v 28% 53% 20% Kollsman Indus (Un)_.II—III 50 300 400 14% Standard Jan - 38% Feb 67 May 14 % May 20% May 46% May Mar 45 ■ 46% 90 Apr 34% May :1,500 15% 16y2 25 H) Co Ltd Holmes Howard 38% ; — com___25c Hertz Hupp ; 3 & Corp Hibbard-Spencer " ,* * "____ v, 36% Mar 35% •' Southwestern Public Service - Jan 57% 0 39% May 11% May 34% May May 31 32% 73% __1 Co 100 18y2 700 1,100 32% Standard Great 800 Jan 59% Mar 54% 1 Strapping 600 47 Jan A 42 34% Apr 38% • Oil Corp 17V4 33% 33% -I-IIia Cn 29% 41% 45% 31 32 33% 106% 1 42 __ 31% 31 1 24% May 17Vz Jan 20 g — 38% May 45% 91% 3 Pen 300 • 50% May 73% May >:\., 31 28% Co (W A) 9,100 _1 11,307 54 B 5,300 •• 81 500 79% • Co Class 28 Vz 100 400 53% 73% I & 23% - Jan * Corp 38y4 12 Feb 62% - 5 1,100 Jan Jan 33% 21% May Feb 57 % Mar May Apr 1.40 i6!/2 f 85% Jan Feb 18% 51% _1 95% Feb 26% * i 81% 5 387/a • 81% com "A" 26% May 49% May 42 55% 53% Stockyards Service V 79 % May 21% May 56 Regis Paper Co San Diego Imperial Sangamo Electric Co 800 16,600 45 40% St 42 ' 6.25 Co— Stores. 15 3% 93 y8 -• 290 1,600 Schenley Industries (Un) Sobering Corp (Un). .12 10 Co_________» 12 Feb 86 Feb 25y4 45% 35 •K< Apr 52y2 45 700 4,330 Co (Un) 6% 41 y2 ___1 ——— Petroleum 38 V4 7 common (Un)_—__" Dutch 78% Mar 31% 52% Mar 29% 36% 49% May Co 68% May 25 com—30c ■:/ 1 (Un)— Brothers 27% May 31% Corp_ new new Corp Co G-odyear Rubber & 52% ■£■ 42 Co (Un) Tobacco (Un)_. 4,100 27% 1,600 2,200 30% 5 4,600 26% 1 2.50 Inc 62% May 2% May 5% 15% 47% 28 5 30ya 100 14% 42 28 , (Un) 7iy2 6 14% 47% 10% Mar Jan Feb 55% Mar ♦ 791/3 .v, 27% (Un)_ Electronics & General . 1.66% Corp Portland Cement Public - —3 v 2,100 • new 27% 71% • ; : Inc ■V-. 100 13 % 70 - • 68y2 .29 5 Motors General General Gen (Un) Corp 13 % 30% May May 28 May 14% May 1 May 6 1 Co V; 2 Finance General General 13% 38% Mar 45 Va 32% 10 43 , 29 % 45% 29% 2.50 89% , 24% (Un) 1,200 526 23 % Mar 20% May 45 % May (Un) 6,400 1,000 19% May 500 Corp 45% 3 -y' 200 Chem & 93% 2% 3 600 19% 22% 58% Inc Apr St Gen General Steel 38% 48 % May May . Feb 32% 52 Co 62% , Jan 19% 5 of America 22% __ Jan 36% • 21% 56% Raytheon Company 69% Mar May Feb 41 91% May 81% May 46% (Un) Feb 8% 43 10 . 33 39% 40% 33 Jan 89% V■ —i.. 91 *ixl Corporation 33 35% May • 56% (Un) 42 44 % May Feb May 5 Company Pure 16 May Jan 45% 50% (Un) of Ind Jan 8y4 ,i —2 Inc 6 39 39% U--5 Co 44 % __ • First 6 Feb 49 Va 12.50 (Un) Co Pullman Oil Jan 39 % 200 34% ' 42% May 500 33 36% Mar 50 % 20% 33%c (Un) (Un) (Un) Gamble Radio Corp Fairbanks Feb Apr Jan /. • Coke Co Corp 26% 12% May 31% May 100 & Phillips Petroleum Co Public 48 Jan 14% - Mar 44% May 4,100 • &. 30% ' El 30 43 41'/2 33 %c Phelps 27% 49 • Jan 900 44% 1 Co & 18% May ;68% Apr" Jan 2,400 81% 0 Jan 253% Mar - -• 50 .,72% May 28% May / V Jan 1 (Un) Light Dodge 71% ' Feb Jan 5 (Un) Pennsylvania RR Peoples 5% May 39% 10 America Airways Co Feb 53 % May 23 23 39% Feb* 95% Jan May 36 33% r» Co Jan Procter Eastern 1,500 40% » 800 42% 6.25 Pictures Parke-Davis 56% 50% May 25% May 600 224 y2 218 17% / 57 1,900 - V 39% 7.50 Corn (Un) of World 60% 48% May 56% May 400 Gas Chemical Packaging Corp Pan Peabody Coal Deere 47 > 17 ' Jan * 20% - 25% May > Jan 11 ' 33% 16% • 62 V* 17 38% 46 15 _ 24 V*' 42% __ 45 30 46% 1 (Un>_ 60 30% __1 (Un)_____ Apr 51% 12.50 (Un) Amer Curtiss-Wright Corp 42% - 23 y2 40% — ________—,1 Publishing May 28% Mar —_1 "0,800 37% 5 3.33 Co 700 .5 .s 37 600 27 1 (Un)— Corp America 44' 40% 38 0 (Un)__ 61 . 100- 41% 42% 10 Bancorporation 23 y2' 41%* 10 I . Co_ Crowel-Collier Crucible Co - T300 13,400 ' '55% May 15% May 58% May 850 18% 57 Apr " May " 4% May - 100 ' Jan 30% May : 81 200 - 15% 61% 61% • Co 4% 400 45% Mar 33 Public Serv . -17% lo Co Northern Pacific Ry (Un) Northern States Power Co— Jan 25 y4 May 37% " 37 - a : Co^ (Un) Continental ♦ 47 " Jan 132% ? 1 85% 1 (Un) • Cpnsumers. Power Co new commonContainer Corp of America-i; 27 6% * 59% 83 83 1 RR Aviation North American 49% 5 Jan Apr 86% Mar May 1,100 r 1 Mfg Central American 2728 Illinois 7,700 33 ■ — (Un) 27% Jan 52% 37% , May 95 457 5 (Un) (Un) Ohio Consolidated 5 "300 * Northern 2,600 28 ■ 41% York North Chem 95-96 Northern -17 % Mar Jan 100 95% Jan • May 5 5 Mar • * 300 27% New Co (Un) 36 . ■ :■Apr7 12% 300 Mar Register "50 Jan 62% May 2,550 '■ > 50 52% May 4,000 15%\ t & Jan 160 44 12 %• National Distillers 43% 50 62 y2 Feb •12% Mar Jan 800 , 17% May 200 / ? National Cash 1 48% May 100 92 15%/ -15 -ft 43 ys 12y2 Co • 22 10 ' 1,800 29 39 a * 92 1 5 —10 Commonwealth 28% 29 —5 Inc—__ Colgate-Palmolive 140 52% 52% __ - Jan 5 Feb 59% 12% May 807 • Company 25% Apr Apr • 45% • 20% 53 y4 100 - T-: 51 % 45% —100 Electric-Ilium Cdleman 49 i_ 1 com preferred Cleveland 49% - 8.50 ' Com————; Cleveland-Cliffs ; .—•—10 Co___, Products ,;City 12% ~ 23% 23% 10 "10% , 25 . Electric & Gas 80 715 C 12% •• Chicago Rock Island & Pacific Ry.i—* Chicago South Shore & So Bend—12.50 Chrysler Corp—_. ■ t 53% / High 36% 37 (Un>- National Milw Chic — Low 400 Motorola Inc 39 1,250 Cnemical Range Since Jan. 1 37% m Montgomery Ward & Co_. 23 y2 350 27% 36% Monsanto 46 % Shares High 37% • 800 for Week Range Sale Price High Low Sales " ' STOCKS Range Since Jan. 1 Shares High Low Week's Friday for Week Range of Prices Par > (Range for Week Ended May 18) Sales Week's Last Sale Price 39 12% 13% 1,100 12% May 16% Mar 15% 15% 15% 90 88% 90% 62% 58% 65 100 15 Jan' 390 88% May 2,300 58 % May 17% Apr 106 Mar 75% Mar » r * *■ The Commercial and Financial Chronicle OUT-OF-TOWN MARKETS V Monday, May 21, 1962 . (Range for Week Ended May 18) \ Friday Exchange Pacific Coast Stock \ . . (2412) 40 + Par Harbison other Exchanges. Sale Price California Electrical Products Emporium 18,100 "-.May 5% Jan T'&I9% Feb- 650 2.800 19 May 30% May 6% 6% 5.50 10 34% 19 20 30% 34% / 21 400 44% 44% 46% 1,200 52c 55c __ 10% 12% 1.45 1.30 1.55 2,600 2,100 8,100 - 21 4 Corp '7% 10 1 General Exploration Co of California__l Good Humor Co of California 10c Holly Oil Co (Un)_1 52c Ltd class A . 7% 39 7% Rockwell-Standard Seeberg United Corp 101 Low ! 39% 150 10% 10% 5 4% 101 500 - 26 Apr 49/4 Ja y ^5c Jan May 44 A May 21 . Jan 10 /a May 1.30! May 2.00 Jan 50c 2.15 2.25 1,200 Imperial Western 10c 30c 26c 46c 339.100 jade Oil 50c 10c 10 25c 4% 42c 17 4% 42c 17 1.65 4% 45c 17 1.75 13,100 113.000 1,300 2,600 1 1 1 25 33%c 48c 41c 49c 51,000 2.35 2.45 29 5,900 — 2.05 29 — 25% 25% 400 130 __ 2.30 2.30 300 — 6% 6% 4,000 32% 3 15% 20 2.20 32% 11,900 1,400 3,100 1,200 16,000 5 24 3% 23 3% 24 8% 4% % 4% % __ 27% 28 300 80,300 52 7% 52% 9c 12c 25,000 on Jan 48% Feb 9c May Frank & Meier Petroleum Merchants Nordon H Oil Develop Gas & & Gas Co Reserve Oil Western Rhodes / * •'• Oil Ranch Rice Southern ♦ Cal Oil Trico Co Co Gas & Co Gas „ 1 (Un) Pepsi-Cola United Bottlers > V Westinghouse Air Brake Westinghouse Elec Corp_ 9% Jan 2,001 4% Apt1 14% 1 25c 1 pfd series A—25 50c __ - * * i Union Sugar common United Industrial Corp common 3% Preferred . Warrants Victor Equipment 1 Co Petroleum Westates 1 5 (Un) 6% 2,400 6,100 3% * 4% 1,400 1,700 % __ 10c — Mar 53/4 Jan 59 60% ■ 408 59 34% 34% 35% — 182 34% May 20 15% May 76 18% May ' 23% Mar 25% Jan 303/a Mar 31 % May 15% 15% <. 19% 27% "32% 26% 31% 20% '~ 28 34% „ 5 -• 63% May May 37% Apr 23% / 10 6.25- : - - 141 854 Jan 18c 4% 39c 16% 1.60 representative stocks and bonds listed compiled by Dow-Jones & Co. the New York Stock Exchange as on 13% 17% 1.75 30 2.90 69c Jan 17 % Mar 2.10 Jan 70c 3% 32 Jnn 2.90 7 /a 19 22 2 80 32% 5 May Jan Jan Jan May Jan Apr Jan Feb Mar Mar Indus¬ trials 640.63 11_ May 14 First Second 10 Indus¬ Grade Grade Utili¬ 40 ties Stocks trials Rails Rails ties Bonds 119.61 220.89 92.81 92.82 roads 134.24 Date May 10 65 Utili¬ Rail¬ % May 80.89 84.05 88.64 80.83 84.05 88.65 150 119.67 221.99 15 655.36 136.18 122.04 225.44 92.72 80.86 84.01 88.65 86.56 16 654.04 136.58 122.50 225.51 92.71 80.71 83.93 88.55 86.48 17 649.79 136.58 122.19 224.55 92.79 80.69 83.66 88.52 86.42 May 134.22 646.20 __ are compiled daily Utilities, 6.55; 65 stocks. 15.58. Averages Jan Mar Apr May Mar 70 using by divisors: following the - Industrials, 3.03; 86.59 Rails, 5.34; Over-the-Counter Industrial Stock Averages (35 Stocks) Compiled by National Quotation Bureau, Inc. Range Closing Date for 1962 Mon. Jan May 14 124.36 High 144.31 Mar 14 Tues. Jan 18c 86.60 May 4 /2 Jan 5% Jan 1 Jan 37 Jan 7% Mar 4 Total May 25% Apr 16 Feb 3 Jan 4% Jan 10 - Total 15 20 30 5 % Mar Jan Jan Jan Apr Jan the daily closing averages of are 46c May Apr 39% May 15 126.05 Low 124.36 May 14 Wed. (Un) Insurance Oil Exploration Basin Williston *• Life Coast West com Jan 11 Stock and Bond Averages Below I ; ii Investment com American preferred 6% Pacific >x'-* Co::: OU North Co Ltd Corp Norris Inc Co Jan 70c May 59 % . • 1.90 Jan 2.70 Jan 27% May 5% 1 5/a Jan 13% 19 2.20 32% 2.90 , 41c May 1.50 Feb 29 Jan 25 A May 2.30 Feb Oil Co (Un) M J M & M 101 100 5 Mar 48 Jan 50c 10 - High 38% May 15 50c 4 Range Since Jan. 1 ( 101 - 50c- * 1 — 1 — 5 (The) Corp Engineering & Foundry Co Shares High 38% " 50c for Week 23% Jan 50% Jan 3% Capwell .Coi Exeter Oil Co 47% * Co" 3Z-. inc"-- Ink Cooke Castle & A£ « 3% afi & Gas S5: • 2i'& ***& Glass Sales , Range of Prices Low . High Low 21i5™ «% 3°300 • i:18S « iuc^in^tvT''Inc—:::~i Range Since Jan. 1 Shares High : lreweMcT^0tSoUd^aatll-M--:-" lufteR for Week of Prices Low Par lSe?P°c»rrSd fum p,d<Dn,::;:io5 \ Week's - ni. pfd————100 McKinney Mfg —: 1 Nateo Corp 5 Pittsburgh Brewing Co common 1 Pittsburgh Plate Glass— —10 Sales Range Last STOCKS Refractories Walker Jeanette Week's Friday 1 Sale Price exclusively on the Pacific Coast Stock Exchange, not include approximately 500 issues dually traded on This list does , Last , Stocks listed Ranee on Pri<*e STOCKS May 16 126.69 May 17 126.29 High May 18 125.51 Low Range f Thurs. Fri. for 1961 Dec 8 May 14 144.09 r 124.36 Philadelphia-Baltimore Stock Exchange Friday Last S T O CK S Sale Price Par Alan Steel Wood Stores Co 1 78% American Tel & Tel 33% 120% Atlantic S Electric-- City Research Atlantic B * 4.33 1 66 %c Corp F Corp Company Bald win-Lima-Hamilton for Week Low 10 80% 5,978 113 Ve 122% 12,104 76% 30 200 2,320 41% 45 28% 500 11% 11% 20 17 16% 533 343/4 28% May 41% May 27% Apr 11% May 143/4 Jan Jan 493/4 Jan Jan 333/4 May 14% Jan ■ SEC Index of Stock Prices Jan Jan 136 % 76% May 113% May 28% 13 High 303/4 99 % 21% May 22% 30 45 Range Since Jan. 1 Shares High 22% American Arundel Sales Range Low 10 common Week's of Prices 19% SEC The the for shocks of index stock prices based on the closing prices of 300 common 11, 1962, for the composite and by major ending May week Apr V . 1957-59=100 • Baltimore Budd Transit Co— 5 8% 8% 8% 1,638 12% 1 — Company 13% 765 9 3% 8% May 12% May 153/4 IV \fr D C Transit 49% Delaware Power & i Duquesne Light Electric Fair Ford Motor — 117 11% 25 46%- 50% 649 31% 1,995 29% 8 Feb 55% Mar 32% Mar 29 % May 48% 48% 50% 105 47% 56 30% 556 27% May 40% 89% 94% 5,123 893/4 May 116% Corp 20% * class Inc A 20% 1,426 9% May 402 10% 39- Jan 38% May 193/4 May , 51% 20% 335 ... — *New 26%. Jan 16% ■ 175.4 169.4 ; 102.0 98.1 164.6 162.0 97.4 185.5 178.2 113.3 low. yV ' "" "l' "'/...'y ' . ' ■ Transactions at the New York Stock Exchange Jan 16% 500 14% May 49% 52% 16,361 49% May 57% Jan 233/a May 343/4 Jan 43 Vi May 1 23% 23% 52 5 41 41 10 40 % May 1 Brothers Mining " 116.4 119.8 : 45% Mar 16% 1.66% 164.6* 162.0* 97.4* Service —3.3 —6.2 —4.4 —4.5 Feb 9% 38 % 1* common Cotd and 135.6 134.4 111.0 —5.4 "■ 127.2 118.1 Jan 15 % Finance -1961-1962— High Low ,144.3 135.0 —5.9 125.2 101.4 . —5.6 —5.7 126.7 98.1* ... Change 123.7 Jan 9% - Motors 118.1* 116.4* 119.8* Goods Utility Trade, Feb 27% 50c common 134.8 Transportation 12% May Apr 46% May May 4/62 127.2* — Non-Durable Percent - May 11/62 Goods Feb 13 3% May ll3/a Durable 63 % 91% (Julius) Giant Food 48 % May 8 Mar 122 102% May 453 8% 48% 29% Acceptance Gimbel 30% , Battery Co preferred General 46% Dairies Foremost 329 50% 102% 107% 11% corn- Stores Garfinckel General class A Light — __ Storage Food 8% System r $1 105 Publishing Co Curtis hi Composite Manufacturing Campbell Soup Co Chrysler Corp — • Jan Feb lows industry groups compared with the preceding week and with highs and M \;v : '■ for the current year. 8 8 50 7% Mar 797 253/a May Daily, Weekly and Yearly Co International Resistance lOc Lehigh Coal & Navigation Madison Fund & Co 10 Inc Martin-Marietta Merck Corp 1 Gas & Pennsylvania Power Pennsylvania RR Peoples Drug Perfect Philadelphia Inc Inc_ Electric Co Ritter Scott South Southeastern Sun class Oil Texas United Universal S4.60 $5 101 60 37% 704 34% 343/4 33 May 14% Mar 15% 1,934 42% 423 10% 100 32% 30% Service 46% Apr 56 3/4 May 69 % Apr 7% 62 7% May 10% ~6% 6 63/8 530 353/4 5,022 63% 2,796 240 19% 19% 422 47 46% 473/a 2,783 17 16% 17% 1,920 —3.50 7% 13.50 * preferred 73/4 72% 8 93/8 35% • 32% 34% * 137 * . 102 5 93/4 36 110 2,003 36s/8 714 137 19 102% 90 $35,<119,000 8 May Feb Jan 44 S. 53% 24,274,430 333,949,664 475,089,483 $1,585,000 29,543:100 674,584,000 $704,129,100 • $2,000 Government Bank International 35,419,000 Foreign Railroad and Industrial Total — 36,404,000 $31,580,400 532,377,400 $37,988,000 $37,989,000 $563,957,800 3/4 Mar 46% May 16% May 72% 793/4 10% May 100 Daily, Weekly and Yearly Jan Feb 38 Feb 34 % Transactions at the American Stock Exchange 8 % Mar 73/4 May 131 Feb 183/4 Mar 72% May. 93/a May 29% Jan Apr 102 % May Mar Mon. May 14 Wed. May 16 Thurs. May 17-. 1,210,715 968,395 859,340 Fri. May 18— Friday S T O CK S Last Sale Price Par Alleghany Ludlum Armstrong Cork Co Blaw-Knox Co Columbia Gas steel "" Duquesne Brewing of Pittsburgh Duquesne Light Co_ Equitable Gas Co : . For footnotes, see page 45. ~ Shares 66% 32% 25 Low 42 29% 28% 28% 6 8% « 29% 42% 42% 72 15,000 258,000 273,000 191,000 3,000 206,000 $16,000 $1,402,000 10,000 $25,000 $1,443,000 Feb 38% May 62% Jan 73 % Mar 90 29% May 39 V2 44 25 30 % Mar 8% May 135 - 48% May 210 9 29% May 10 42 Jan Week Ended May 18 1962 High 105 30% q'sq 5,510,580 Range Since Jan. 1 High 66% 1 i0 782,625 Sales $515,000 for Week 38% 10 Total Sales Range of Prices Low 1 8vst~em—I Week's . Bond Bonds $13,000 $502,000 258,000 -258,000 191,000 -193,000 1,689,505 May 15— Pittsburgh Stock Exchange Corporate Bonds Shares) - Foreign Gov't Bonds Domestic (No. of Feb Total Foreign Stocks 41% May 145 Feb Tues. _ 1961 19,566,770 Shares Mar 22 of Bonds— U. May 18 $1,569,000 Stocks—Number Jan 43 34% May 19% May Jan. 1 to 1962 1961 1962 Jan 8 33% May 60% May 511 72% 19,566,770 Week Ended May 18 343% Mar 364 33% Total 6,074,000 Jan Jan 64% 37% common 55 563/4 60% 3,358,470 May 16 Feb 19 16% May 6 % May 343/s preferred $36,988,000 Jan 39 % May 36% —.I——10 Light $1,569,000 Wed. Mar 1,678 60% j convertible 4,601,000 5,355 33% Corp 6,452,000 7% • Gas 6,300,000 377,000 277,000 <2,467 10c Improvement 226,000 6,075,000 6% • 8,913,000 4,324,000 41% 2.50 $10,717,000 338,000 2,951,310 32% 6 351,000 8,580,000 2,485,500 63% 1 Sales $10,366,000 May 17 6% 6% 5,994,000 4,777,490 May 18 Jan Jan 39% 10 B Jan Fri. 38 30% May Co Bond Bonds Int'l 38% Mar 8% May 41 % Govt. Bonds Thurs. 40 3/4 Jan 36% 1,180 1,748 33 33 8% Transmission Marion Jan 34% Bank Bonds 33 % 33 % May 793% Total Foreign Bonds Railroad 95 % Mar 25% Mar 50 Warner Co Washington 28% 1,537 263/4 14% Co Gas May 23% 843/4 41% Corp United 21 21 8% Co Public Eastern May 15 14% French Lab Gas May 14 Tues. 83% • Jersey Mon. III:_5 ZZZZ* common:::* Paper Smith Kline & 15% Mar 30% Jan U. S. and Miscel. Stocks Mar May 35% common Finance 36 Jan 23 13% 34% * common- Potomac Electric Power common 10 Public Service Electric & Gas com—* Co 1,282 25% Light Philadelphia Transportation Reading 100 24% 50 Stores Photo 143/4 233/a 23 3 Water & 29 % 83% 25c Pennsalt Chemicals Corp Pennsylvania 23% 16%c Linotype 25% 14% 1 Inc Mergenthaler 27% 8 3/4 No. of Shares Homasote 10% J Jan Feb Stocks—Number of Shares-. 1961 Jan. 1 to 1962 May 18 1961 5,510,580 16,892,055 127,350,586 256,403,400 Bonds— $1,402,000 $1,673,000 $25,865,000 $22,521,000 Government 16,000 32,000 653,000 Corporate 25,000 60,000 626,000 1,434,000 795,000 $1,443,000 $1,765,000 $27,144,000 $24,750,000 Domestic Foreign Foreign 32 % Mar 47% Jan Total • Volume 195 Number 6161 ... The Commercial and Financial Chronicle (2413) CANADIAN MARKETS Montreal Stock Prices Shown Are Expressed Friday S T O CK S 4 %% & Paper Class A Aluminium Co Canada 4% % Co 4% % Argus Corp Ltd pfd 6,758 38% Feb ~/4 jyiar 23% 100 49% 5,943 24% 26 49% 49% 45 46 360 43 54% 25 52 Jan 40 May 26 45% • 41% 32% 31 May Feb • 53 30% .25 pfd May 47% 125 33% 25% 23% 24 % 3,525 • 16 Jan 50% 50 100 5% % Apr 29% Miron May 55 Apr 33 Apr 26 Feb 24% Jan Bank of Montreal .10 63 63 66 Bank of Nova .10 5,363 c.. 71% 71% 75 1,433 17"* 77 76 78 2,107 75% Feb 82 1,457 ' Banque Provlnciale Bathurst Class Bell Power 10 (Canada) 49% Jan 18% 19 950 54 Jan 53% 20 375 53% Jan 53% 55% 5% pfd Paner 20,562 51% 51% 450 54 54 30 _£1 Bowaters Mersey 5%% Brazilian Traction Llizht British American Columbia British Columbia • 4.50 4.25 4.75 31 32% 12% • 13% Building Calgary Power $1.30 • preferred Canada & Canada Sugar Foundries Canada Safeway Ltd Canada Steamshiu Canadian Aviation $2.CO pfd Canadian • ^ $1.75 Celanese Converters Canadian Ltd Co class 61 700 31,010 50 52 53 800 10 575 19 19 195 Industries Canadian International Marconi Oil Canadian Canadian Petrofina Canadian 27 96% May 64% Apr Rothmans Co 25% Royal Bank 55 Feb 22 May 10% May 52 May 9% Jan 18% 5% 200 5% 600 14 955 13% 3,186 20 4.50 Mar Jan 5% May 9 Feb 16 13% 13 y8 2,683 11 11% 875 41 39% 41 2,531 5% 5% 2,525 5 30% 30% 31% May 3,501 30 May 26 13,420 25 Apr 13 27% 2,747 12 Jan a23% a23% • common 25% preferred—10 64 % 25% 12 % 12% • * 18% 19 % * 6% 6% 800 37% 250 ' Dome 14% 22 % 22% 23% * a3.75 a3.75 50 —* 3.50 32 % 150 27% 7% 8% 1,220 133 134 25 77 23% 8% —*. Co—• __ 21 % ■—-2> 6% pfd — 128 Glass 75 22 9% 1,400 8 Lime Dominion Steel Dominion Tar & Redeemable Dominion 7% Dow Du of 7%% 17% 17% 100 57% 61% 4,212 77 78 465 Chemical 11 B Enamel 143 Ltd—; Ford 9% Fraser ; Frosst Co & Gatineau General Steel Great Lakes Handy Holt, Howard Hudson E) 6% Co Ltd Walker International $2 1927 Jamaica Labatt Laura Public Ltd 75 32% 1,521 31 Feb 37 Jan 60 45 Mar 51 Jan 21 21% 260 21 May 22% Jan 200 21% 22 Apr Jan 1,929 & Apr 10 91 Mar 11 11 11% 77% 79 % 80 10% 10% 400 17% 18 325 22% 200 103 103 100 13% 14% 5,4 22% 25% 63,671 23 25 3,552 41% 42% 325 45 25 7% 7% 325 7% Jan 8% Mar 29 29 % 475 273/4 Jan 32 % Mar 950 29 Jan a8 13% 24% Jan 5% 6% Jan 95 Apr Jan 7% Jan 10 Feb 50 8 May 4,409 79 Jan 84% Mar 10% Apr 11 5,360 a8 Feb 27 53% Jan 56 Jan 40 31% 2.590 28 83 110 76 Jan 33 Apr Alberta 15% 11% Jan 11% Feb 22% Jan Mar 19% Mar Jan 100 6 8% Jan 9% Apr 370 43% Jan 54% Feb 12% 8 Jan 8% Feb 575 16% Feb 18% 6OO1 Apr 21 % Jan 50 100% Apr 101% 101 % 22% Mar Mar 105 Mar 133/4 May 21% Apr 18% 23 26% Jan 393/4 Mar 43 Feb 42 3A Mar 45 Feb Jan 26% May 25% Mar ,114% 1 Feb 1 Avalon • ) • "4 .(an 1,405 24% Apr 28% Jan May 4.10 Jan Bailey 22% 4,025 1 & 11 11 63/4 12% 400 11 Jan 32% Mar Feb 60 "73 Feb 163/8 May 13 Feb 21 % May 125 63A 7% 32 % May 21% May May May 27% Feb May 6% 14% Feb Feb 7% Apr 13% 13% 233 13 Apr • 57 57 58'/a 5,080 54% Jan 1 Worts Ltd Co 2.35 2.35 2.45 1,400 2 °5 Mar * 14% Jan 16% 150 17% May 153/4 May 23% 16% * 17% 17% 930 17% May 19% 17% * 1 275 22% Feb Feb Jan 19% 20 950 19% Jan 22 36 19% 36 800 32 Feb 36 % May * common 17% Jan 5?% Mar 2.90 • A Shown Are Expressed in Jan Exchange Canadian Dollars Week's Sales Last Range for Week Par - Selburn Talc al7% al7% 18% 14% Mar Line Co Ltd "A"__5 Ltd 30V* —1 — 1 —— of Prices Low ' — 3.35 Shares Low 30% 1,030 8c 8c 1,500 7c 2%c 2%c 1,500 3.35 3.55 7,400 — 8,000 38% 10c. Jan Jan 4% Jan 2.70 Apr 4.35 Apr Jan 39 % 7.05 May 10% 38 % 1 8c High May Mar 2 %C 10 7.05 5c — 30 30% 7.05 3.80 Range Since Jan. I High a38% a38% — 60% Feb Bateman 10% Mar 12 Apr Beatrice 46 Feb 48 Apr 16% Jan 20 May May % 50 7% 20 20% 511 13 1,050 12 12% 3,950 12% 3.60 640 17% Apr 6% Apr 15% Feb 11% May 31 % May Black 11% Jan Blue % May 15% Feb 15 % Mar 3.35 3.60 45 45 65 43 % Jan 46 12% 50 13 2.126 11% Jan 13% Mar Jan 1,940 3.15 Mar 57% 57% 58% 2,165 54% 44% 44% 463/, 7 40s 44% May 151/4 15% 15% a6% a 25 % 27i% 26 a98 1,930 614 a98 50 12,0 \ 10 15 6% / 5c Jan Mar Jan 6c 13,760 5c Feb 9c 6%c 10c 51,683 5c Mar 10c 3.55 3.90 53,410 1.65 39%c 41c 7,023 38c 15% 15% 1,878 15 6c Feb Jan 10c May Jan Jan 4.25 Mar Apr 60c Jan Jan Jan 16% Apr 7.75 May 34% 1,243 33 May May Bonnets Oil Raceway & Cooper Gas Inc Coro— Butterfly Hosiery Co Ltd Flooring Co Ltd class B Canada Packers 85% Mar Canadian Canadian W/o Edmonton Corp Mines preferred Canadian Refineries 39% Mar Canadian 1.905 Silica 43 Jan Mar Canalask Nickel Mines 48% Anr 53 Mar Canorama 2 »"r» 78 Jnn 11% 11% 500 11 Mar al7% al8% 16% 18 al8% • 143/" 5,305 13% • - 29% 110 14 % 710 31 2,310 Mar Jan Cantexas Canuba Capital 16% Apr 22% 13% May 16% 17% Jan Jan Feb May 25C Jan 15c 18c 3,300 12c May 18c May 16% 16% 6.50 6.75 930 17c 18c 1,500 13c 22c 23 %c 146,300 14c 2.50 2.50 850 23% — 23c — 880 8% 13 4.00 Apr Feb 17% Feb 7.00 Feb Feb 25c Jan Feb 32c Feb Apr 2.50 Mar 2.10 Mar Carbec Ltd Explorations Royalty Mines 1,200 2n% 3c 2,000 2%c 2.15 500 2.00 5.25 5.25 5.45 200 16% 16% _* 40% Co * Ltd -* 1 Industries Ltd 28 34% Jan Central Explorations Manitoba Corp Ltd — — — — 400 51 Jan 50 40 Jan 25 24- Jan 24% a85 a85 15 83% Jan 85 1.05 1.15 16,305 1.12 1.15 1,700 93c 3%C 2,500 2%c Jan 13c 13c 1,300 lie 1-75 1.75 3,000 1.60 2%c 2%C 2,500 2%c 3,350 16c 26,000 Mines Ltd 1 — — — 6.50 — 1.05 May 3%c 4.25 * 18 800 14c Ltd—_1 Feb 55 4.05 Quebec 7.45 173/4 14c Asbestos 5.45 May 11 Feb 40% 4.10 Catelli Food Products Ltd class A—* Central Del Rio Oils Ltd. • Jan Apr 55 .* Cartier 4c 2.90 40% 1 Ltd Cassiar Feb — Feb 28 Va ,T0n Feb May a243/4 a24% — 1.15 ) Jan 24 — * — 18'A Mar rJan 253A I 1.15 1 .— T.r,d_; Ltd Building Mines 253/4 3c 2.00 26 16% May 13% May May Apr 16% 17c * Corp Ltd— 47 2,215 452 14 5 1 Ltd 51 l.OW 133 10,500 2.00 1—100 — Knrilak 45% 13% 13V* — P->% 17% 13% a8% 18c Ltd class B Investments Ltd— International Inv Tr Ltd 43% 17 Jan 1 Gen pi u, 13% Jan 8c 16% • 1 58% 17 8%c * Ltd Ltd 50% * Jan 4%c May 12% Jan a8% 1 Canada 13% 7c 10,500 — —1 — Jan 6% Mar 86 9,500 5C 17c * 431% ™ %c — l Ltd—; 5 5 7 __ 1 17% Jan 16% Apr 7c 4%c „ * Ltd Uranium 18 77 Mar 5c 8.20 6.50 Mining & Feb 200 6,835 16c Jan 5c 1 Calypso Food & Beverage—— Campbell Chibougamau Mines. Jan 17 May 3c 7c Warrants Bornite Feb 9c 3,000 1 .-100 r— Calgary 99 80'/8 pfd_ common Calumet Jan 17 Ltd Feb 96.% 77 Mines Mining Corp Ltd- River Bluewater 10% 100 3%c — 1 Gold 600 a6c 3c 1 59'A Mar Jan 17 Lake 7.75 aGc __ —1 Bay Mining Co Red 15% 1 Ltd-. 52% 34'A 78 % 5 Ltd "A" Mar 25% May • 33 May 4.15 Mar Gas Ltd Belgium Stores Ltd Feb 20 & Eelding-Corticelli 1% 22% i Co— Oil Mines Beliechasse al8% al8% 7% 45. 21% 52 - Jan Jan 1,820 12% see page 22% Ltd certificates Telephone 665 27 3.40 4,235 Power 18,850 Ltd 25 19% 3 12% Augustus Exploration—————_1 18% * 12 * 10 A 63% May 14 May 12% 1 450 ' 50 475 8% 4.015 1 Fund class Mines 3.35 7.60 class 530 65 15% Telefilms Ltd a48 • 490 14 Sulphur & Iron Co Ltd 11% common 21 193/8 May 20% May 50 * 3.35 10 Ltd 19,946 63% Mines a48 10 110 20 14% Atlas 11% pfd 9% 63 % A Arno —50 Corp 32 9% 19% 20% Atlas Barvallee • 31% 20% Anglo-Arqer Molybdenite Mining 1 Anglo-Can Pulp & Paper Mills Ltd * Anglo-Nfld Development Co Ltd ,—5 Anthonian Mining Corp Ltd 1 Baker - — 19% * Trunk Gas Ameranium Jan 2,030 100 32 * 10 class Amalgamated Beau Belle Mines Mar 83 49 «. * Sale Price May 56- 45 _• / ' . Feb I.inec 65 Jan 54% 1 —— . . Jan Canada footnotes, Apr 8% 46% Friday 37% (John) For 5% May 51% May 4,987 * 25 Lawrence 3,825 92 S T O CK S 20% Secord St 6% 89 6y4 common— Bank Trans B 17% May common.5 com_. Laurentide Financial (M) Ltd Lower 23 9% 100 Loeb Jan 6% Canadian Stock Jan 48 4.68% Service Jan 56% Mar 92 common-* Prices 18% Mar 145 9% £1 common 6% 62% Apr 87 5% % May 850 Feb Feb — * — Ltd Apr 48 40 22% Steel (Canada) Limited 56 preferred Glass Class Zellers 30% May pfd Canada Pine 56 2,888 89 22 • Canada trust 25 preferred-: Iroquois 23 26% 15% • Utilities 1,985 50 6% Pipeline (Geo) 1,000 preferred Interprovincial Feb 139 • ol 57% 49 6 — Westcoast 3,937 ; Nickel 56 22 Corp Knapp 57% 20c Paper 29% Mar 21% Jan 10 • International Jan 50 new Gooderham & 32% common. International 24% 32 50c new of Steel 57% Ltd Cement 200 54% * Power Corp Canada Oil 30% • Corn 26 % Feb 6% i Finance 1% Mining Acceptance Inland y 1 preferred $4.50 & Canada Canada —* pfd inc Imperial Tobacco of Indus 20 Feb 9% ; 1 Paper $2.00 Oil Jan Mar 30% —32% — Co 40 • 26 Pittfield Bay 8 83 • Bay Imperial 2r> 31% 10 A__ Smith Hudson's 800 56 —. Class B & Jan J an 46% 100 12% Mar 3,525 100 Oil class 25% 35 * ." Apr 17 17% common Int 85 i^ay 14:2 23% Paper Farms Home 23% a 17% Renfrew Home 2* 142 22% Andy Co Hardee 23% 16% a 12% — 4% 6% common- Structural 21% Mar 23 Wares Goodyear Tire 18% 213A May 535 Jan rjn 14% ——5 Motors General 13% May 1,837 May 18% 17% preferred (Chas 6,880 353A Mar 11,468 • . 5.00 19 67 20% —.—-1 Corp _.—— Jan 17% May May D 7 '/2 19 of Canada Power 143/a 22% Jan May 4,255 -50 — Canadian Petroleum 13% 21% 35% • —— A common Canada Webb Jan 26% 3.50 19 % • . 15% 20 13% * Cos Ltd French A class common of Weston 12% * — Foundation Co May 89 * Ltd Viau 50% Mar 6% Mai- 23 % —1 Co Corp Union Feb 45% May 11% Apr 10% May 1?% May Heating Prod class A——* Motor class Cement Trans Jan 900 :—_—3% common- Coro_ Jan 27 10 A— United Apr 450 Uj% . Players Fleetwood 55 Feb 49 10 — Co Trans Mar 82 24% 7% »'• Corp & Famous May 21 Feb 10% 100 Dupuis Freres class A Electrolux 50 2,525 5% A Co Traders Feb 7 23 % .: preferred 170 27 26% common — Toronto-Dominion Feb 4.00 12% common„• _. common.— Canada 23% Mar 50 25% preferred——100 class Texaco Apr 10% .—.————* Brewery Pont 200 7 preferred Bros 4,110 4.60 77 —* preferred Donohue 300 21% 57 % Coal Textile 11% 20 4.60 Ltd & 14'/a 21% 35% £ Jan 25 Jan 6,390 * common Dominion Stores Ltd 27 —15 — common— Steinbergs class 32% May Jan 46% Steel 16% Mar Mar 250 common.• Steel & May 50 ' * pfd 4%%> pfd Standard Jan Apr 7% Mar Jan 1,200 20% —* ;— Foundries 65 % May 20 Water Inc Southam 20 % 7% May 77 - 11% * 25 Dominion Corsets Dominion 45% 2.50 Bridge Dominion 21% Mar Jan ' 20 _* Simpsons Feb 27% Apr 23% '.'••i 2 Dominion Feb Jan 57% . —— — 19% 20 9,257 3,804 common A Series Mar 6% May 45% 2 * 6,740 14 9 Y7 —* — common Petroleum Coal 215 Apr 65 100 - Foods Sicard Jan 35 Feb Seagrams Dominion 20% May 21% _1 Series A 4% Jan 41 Jan 32 * A 16 % 4% Mar 15 Franco-Canadian Dominion Gas Sons Voting Distillers Jan Jan 90 20 • common— preferred Class Jan 14 Jan • ;—; 72% 21% Feb 15% Feb 200 15 May 12% Apr 10% May • Ltd 16% 18% ■17% 100 % 14% Mar 450 62% 1 class & Shawinigan % May ^.1% ___ Seal 4,100 18% 14% May 62 % * of Canada Lawrence 5% May com—• Power Glass &; Feb 44 % May Feb 98 % 100 Paper Salada 8% May 5% May 13% Consolidated Mining & Smelting Consolidated Textile Cork 77 50 Jan 63 * common (Canada) Lawrence St Jan 62% Enterprises Zellerbach St 35% Mar 38 % Jan V) Russell Feb • . International 252 May 11 (A Rolland Feb 53 62 % 6 Roe Apr 12% Mar Feb 5% J) Foncier 75 90 20% „ * E) Feb Feb 21% 1 Aluminium 25% 5% „ Credit — 111 May 14 a 88% • common preferred (Albert Apr 14% Mar * preferred Jan 1,200 - Consumers IO43/4 100 100 % • Power Reynolds 43 Jan * Ltd 1961 615 28% 42% ai4 88% -5 preferred Jan Feb Farms Coronation common Canada Co 94 May Vickers (B 42 Corp Quebec Telephone Jan Commerc«_10 Ltd of Quebec Mar 23% May 32 Railway-————-25 Cockshutt Jan Tubes 22 36 common Companies Car 6% Reed 150 Co Pacific 32 27% . May 11 Feb 1,955 Preferred Canadian Jan 27 % 179 5 Quebec Natural Jan 34 13% 31 958 —— 27%. __ 32% 8% * 11% 1,840 8% May 27% May 108 8% 100 : preferred 29 % 37% 5% 100 28 * A ♦ Products Bros Jan 7% 1 Jan 8% Feb 1 Feb 37% * 10 10% common 28 32% B__ Apr Jan Light & Power Steel 28'(1 1 7% 8% Petroleum 4% Feb 80 Canadian Combined • 410 9% : Canadian Hydrocarbons Canadian Imperial Bk of Steel Corp Price Jan 25% 400 7,350 • Feb 56% 8% 10 y4 Power Feb 37 8% 10% 10 : preferred 1958 common—• Husky Coghlin 60 Apr ?"*% May 65 250 Jan 30% 1,550 __ 32% 51 108 10 y8 * — Placer Development Apr 18 8,100 pfd class A 4%% Scotia Jan 14 12% Locomotive Page-Hersev Mar 4.75 Jan 28 Canadian Canadian 2,312 24% 52% • 15% 10,975 96% com— —;—.—* common Chemical Crush 1,420 a22% a22% 10% 10% __ 10% 50 Aluminum series Crown 33% " ■* . common Canadian Crown 610 23% 1 53 May 22,579 11% 108 27% Penmans Jan 37% Feb 96% 96% .* Electronics British 24 100 preferred—;—— Canadian 12 53% 30 30% a28% a29% 23% 24 __ 10 common 4.40% Breweries Canadian Bronze 850 10,724 21 % Jan 3.00 Mar May 17% 20% a29% • common Canadian 20% 30 20 Dominion Iron ■>;. * 51 60c 60c 12% 40 Pacific Apr 7 common- nartic Ogilvie Flour Mills 54% May % May 31 33 common ' 53 Mar 53c 55c • _• Ontario 58 % Mar Jan 6,017 53% .25 . common Cement 51 24,560 : 17 Products Canada Credit 31% • Products— Columbia TeleDhone May 51% May 200 Power British 53 3/4 3,800 52% Power- <5s Forest 6% 52% Oil British 5% _50 pfd ' 23 27% Nova 57% Mar I25 preferred 6% Jan 53 May 193/4 May Noranda Mines Ltd Feb 17% 53% _* . Paper 5%%> 48 18% Stores (Robt) National Jan 53% common May 25 2,786 100 National Drug & Chemical Jan, 83% ty. -50 Paper Telephone Bowater it/FA -50 & A Bowater 51 75% —ay ■ 23 % May May 23 7,331 20% Montreal Trust Jan Scotia Banque Canadian National 20% 20 common Breweries Ltd class Morgan 23 21% May 60c Ltd Montreal 54% Mar 36 195 23% High Feb 19% Class B— Jan 23% 17% 20 Preferred Apr 53 1 115 20% .• Jan 49 % 1 Feb Co Moison —— Range Since Jan. 1 Low 23 10 Tel preferred Mitchell 46% Mar *" & Metropolitan Jan 50 ?"%• May 28% Jan 235 25% 53 % 2.50 Shares High 23 — Massey-Ferguson Feb 51% Mar 34% •1,920 31 May Low 2.50 Tel Rights for Week of Prices Ltd • B Maritime May 12% Mar 290 51 53 27 22% 11,904 43% • 5%% , 1 ( 51 50 Corp 230 900 40% 50 Atlas Steels Ltd 27 Class 49% May Jan 54% common Bailey Selburn 47% High 47 50 — preferred Asbestos Low 23% 47 50 preferred $2.60 High 15% 50 pfd Since Jan. 1 Range 15% • of preferred $2.50 46 Shares MacMillan Bloedel & Powell River MacLaren Power & Paper— Class A Sales Range Par 25% • Ltd Aluminum $2.90 46 _* Algoma Steel Anglo Can Tel Sales • common Last Sale Price 25 Sugar Week's Friday STOCKS for Week Low • common— preferred Acadia-Atlantic Ended May 18) Dollars Range of Prices Par Power Canadian Week's Last Sale Price Abitibi in (Range for Week Exchange 41 a9c a9c 800 12 % 12% 1,200 33 33 25 4.05 Jan Mar Jan Jan May 12%c May 8c May • May 56% Mar 40 % May Apr May 1.50 Jan 1.15 May 4%c Mar Jan 16c 1.75 May • 4%c Jan 4.75 May 29c Jan 12 Jan 11 % Mar 13 Anr 33 35 Jan Apr 6.40 6.85 2,100 6.40 May 4c 4c 3,000 4c Jan 8.50 Feb 5c Jan Financial Chronicle The Commercial and CANADIAN MARKETS Week's Sales Last Range for Week Sale Price of Prices of Prices Par Low _— Gas Co Consumers Copperstream Mines Ltd £: Provost class Ltd Dalfen's 5c 5c 3C 3Yac al.00 al.00 42% Ltd_l a5c • 19 V* 19 19 Y4 1 -1 1.35 1.32 1.40 29c 27c 30c 12 y4, 12% 14 Ya 14 Ya Glen Jan 10 % May Jan 13C 28% 900 30c 5,000 50c 4,500 45c 26 Ya 770 10% 24c Mar 50c 22c Jan 45c 13,000 4,100 4c 4c 10c 32,500 9% 9% 3,505 55 Ya 59 1,700 55% May 4c 4C 5,850 2%c Jan 4%c 5c 12,800 al50 10 147 % May 40c 42c 25,200 27c 11 %c 7c 7c 8V2C 18c 19c 3 Vac 3%c 500 27% 28 12% 1.88 8c 8c 1.70 1.99 22% 1.84 23% Jan 4c May Apr 6c 9c 3,000 6,250 2.50 200 600 6% 6Va 225 1 9.00 200 4c 2,500 4c 1,850 9% Jan 27 Ya 300 26 Feb 75c ' 4%% 8.40 Apr Jan < t 1.05 1.10 800 22 22% 1,105 Jan Ya 3%c 3 Vac 3,100 3c . . v 1,700 10c 8% 100 9Va 525 1.20 Mar ?■?. . May; I 12 j Mar v •'j^nlTi&khAPRW" Jan 87/a Apr 27 Jan 13c 8% 9% 3%C 13C 13c 7c 10% Mar 29 V4 Apr. „ 15% Apr 10% May 700 11 10% 10 Hygrade Gold Mines Ltd— —I —1 Marchant Mining Co_. 17c Feb 10% Feb 9,000 €0c May Jan 6c 9c 11,862 47 650 45 alO — — all 55 10 5% 5% 5% 369 33c Chipman—- Mercury 7c 31c 35c 26,900 lie Jan Feb 12 Jan 6 Jan Jan Feb 4.90 ... 30c 4c 4c 4c 1,000 4c 65c 68C 4,000 65c Jan 50C May 65c Jan 1.53 May iLr,.„M Mar 84c Apr ' Merrill Island Mining Corp Ltd Mid-Chihougamau Mines 20V2C „5 Minnesota & Ontario Paper Co — —1 Mogador Mines Ltd Molybdenite Corp of Canada Ltd— —1 -1 Monpre Mining Co Ltd • Moore Corporation Automatic New Lake Jack Newrich New Uranium ;v . $2,60 preferred Ash Exploration Co Atlantic Steels— Mines of Nova. Scotia American North American Asbestos red sink fund Mines Pennbec Mining 1st 5YaC 2,600 80 142 14c 22c 200,200 Apr 7c Mar 22c May Corp B Mills Building Ltd I5ry Burrard 500 8c Mar 12c Jan 21c 20c 24c 55,000 6.00 6.05 600 Quebec Labrador Development Co Ltd_l Quebec Lithium Corp ___1 -. Quebec Oil Development Ltd Quebec Smelting & Refining Ltd i -1 Quebec Telephone 5% 1951 pfd Ragland Nickel Mines .2# 1 — Crest Roberval Ruby Gold Mines __ Jan 700 80c 6,000 48c Jan 7c 9,500 60 Apr 6c „ __ __ 20% __ • Mining Corp——. Enterprises Ltd— 1 Foo's 9% May 55 44% 45 68 8t Lawrence Metals Diversified 1 Lands • Development Sherritt-Gordon 1 Mines Ltd X Shop & Save 1 *957) Ltd Siscalta Oils Ltd—Eiscoe Mines * __2 Ltd. Sobey's Stores South Dufiult 14c Apr 7c . Apr 13 Ya Air __ 29c __ __ „ Jan Canada 13c 13c 12,820 20% 20% 61c 62c Mar 49 Jan Mines Ltd. 64c 2%c Mar 9,000 sisoo 40c 1,250 2,100 6.55 6.80 4,750 1.10 1.15 1 300 28c 37c 44^200 100 1,805 *700 35c —... __ 1.65 9%c 1 Mines _t ; Talisman Mines Ltd Tartn Mines Ltd — see page 45. ♦ 1 5 500 105 37 1.80 27,850 36c 2,100 a5c __ 33c a5c 100 6.15 6.25 775 1.55 —• 1 Ltd— 10c 105 1.55 1.58 15% 31c 15% 34c " 1300 '450 86,700 —1 75c 69c 80c 71,800 • 11 %c ll%c 13c 2,055 25 55% 29,079 51% 53% 150 51% 52 Ya 260 4.25 4.80 71,721 9c 105 1.35 30c 4.50 77 77 25 Jan 38c Apr IOV2C Jan 71 20Y8 541/2 8Y2 8% 37% Jan Jan 14 V4 Feb Jan 15 Jan 163/e Ya Jan Feb 18 Feb 28 Jan 20 Jan 20Ya Mar 50% Jan 56% Feb 8Y2 May 215 ''765 ; Jan 86 15% Jan 25 Y2 May 910 , Feb 12 23,996 20 Jan , 14% 14 Y2 <53 Ve Apr 6% 30% May - 329 26 Apr 80 . V 47 Apr 15Ve 17% 97/e Jan ~ 200 12 Jan 16 33% 33 34 1,355 30% Apr 36 Ya 9 Ye 2,277 8% Jan 10 Ya Jan 8 Ye 8i/a 225 8Y8 Mar 1.60 May • Jan 9 16 100 16 May 8Ya Feb Class Lines $1% 17,490 30 Ya 912 28 Jan 33 30 29 Ya 30 28 Feb 23% 17 Ye Jan 24%, 24 23 Ya 24 y* 1,207 23 y2 May 23% 245/e 3,995 22 Jan 72 >73 130 72 May 54 Ya 55% 295 51 Jan 57% 79 80 422 77 dia.il btt 95 Y2 951/2 5 55 Vu 80 95%.: 61% 475 58 12% 131/2 390 11% 575 22 Ya 22Y2 200 22 Y2 59 6 5% 10% . Jan Jan 1,790 2.50 May 3.65 Jan 2.50 550 3.50 Jan, 13% .13 Ye 13% 2,120 2.50 May 13 Ye May 32 y4 33% 1,500 32 Jan 36% 36 y4 371/e 4,425 36 Mar I— , Dock. ± 7% 7% 8 Ya 6,025 5% 2:85 12,660 2.30 6 Ye 6»/a 1 — 79c 85c 1.10 11% 1.05 1.20 11% 1,150 8 8% 470 5Y4 52 y4 52I/4 50 25 6Y2 63/4 2,811 2,725 Gas Energy L Warrants Canadian Canadian General Electric pfd. Securities Feb Canadian Hydrocarbon "B"_—* Imperial Bank— Industrial Gas— Industries Jan Canadian Long Island Marconi Co— 90c May 15%c Jpp Canadian Canadian Oil $5 preferred — Canadian. Pacific Feb Apr 54 Va 50 Jan 8% Feb 4.25 Feb 3.15 38% 600 37% Mar 40% 21 21 500 21 24 5% 6Y4 7,220 5% May 2.05 1,690 2.00 May Hi/a 7,945 12% Jan —• 2.00 13% 62 y* 64% 9% 9Ye 9% 13 14 33 Ya May Feb Jan 8y4 Feb 3.25 Jan 15% • Feb 1 50 May 271 1.50 May 5,508 2,645 62 Y4 May 8Vi Jan 4,395 12% -Apr 38 9,162 26- Feb 45 5V4 5 Ye 5i/4 890 5 Jan 6% Feb 30 Ya 3I»/a 6,743 -29% May 34% Jan 4- 104 104 25 25% 25 Ya -26 24,280 — . < 100; —25 . Jan ^an 6% May 2.75 May 30% r l —— Feb 6Y4 6.00 50 . Feb 10 Ya 21 13Ya 10 2.50 —_—-—* Railway— 1.40 14%. Jan 38 14 y2 1.50 62% :—; common--— Cos common—! Jan - 2.75 2.05 •——" Canadian Apr . ——• — 90c 5% * .1 i- - Apr 6% May Mar Jan 38 28 — Warrants 3.20 52% Mar - Jan 8% May , 3.00 — — General Jan May 52 % 50 6% ——^50 -• 100 preferred—20o 1 38% - May 5 May 4.00 May 45 50 8 - — Apr 35 Ya Mar May 1.05 103 —: 14% 10 Ye May . 475 4.00 Canadian 15"% 79c 575 5 Canadian 36c • 1,734 .,. 4.00 Feb 1.75 5% 4,400 10% 3 Jan '' Jan 6V8 11 Jan 2.50 ♦ ... 6.25 May 14c 9V4 2.70 Canadian Food Products common.——* Canadian May 1,225 -• common—: —! preferred preferred 52% May Jan 3,0o9 9% 2.60 " — Canadian Husky Oil Warrants Jan 52 Feb 6Y2 May 12% Mar 52% 25 Preferred 1st " 9Ya 4 B '• 25% 9% May \ Mar 13 y4 Mar 2.50 • • common preferred Class 14 ' ■ 32% _• Warrants 2nd Jan 34,897 Apr itAMi 9% , 4— Canadian Chemical Dredge 5 700 10% Apr 96% May 64Y2 Apr Feb Apr May Apr Mar 2.50 * com warrants Collieries 62 2.50 50 4 Aluminum warrants Celanese 61/2 9% 02 * — 25 Ye 10%: Jan • —» — 27 - 12% Mar 11 Ya 59 Jan Mar May 24y4 May 93% Mar 12% * ——— 25 Ya 20 Y2 May 11% : Jan 30 22 Ya 1,649 1,945 1.60 B_. — British B Canadian 21 29% common.— * Canadian Canners ctass A^__ Canadian 1.60 2OY2 30 100 preferred 3.85 170 20% 12.50 A 1,80 May 47c Mar • Apr 50 , 17 10 SteamshiD Preferred Feb 24c Jan 19c v Apr, 4.95 3.75 May 26 V* May —* Wire & Cable class Canadian Jan 126 1.45 Mar 14 Jan 1.70 Jan Feb 80 365 ,• 53% Apr Apr 17% Feb 5 1,625 Canadian Fairbanks Morse class A—50c 9% 6%c Jan 53 Ya Mar 54% 3.00 Mar 27 .... jan Feb 51 - 80 20% Canadian 1.00 Jan 32 58% Mar 4.00 . 26 Canadian Curtis Wright— 4.75 Apr May • • 53% May 51Y4 May 80 * B Canadian Breweries- 1.55 May '7% May i Feb 29 - .3.75 • .4 Preferred Canada 1.42 May 4.00 Apr 7'% May 1.40 Mar • 31 53% 15V8 Jan 7.40 1.10 May 6Y4 May 985 • V: 77 Apr 65c May 16% May 100 7% ;7% 26 y4 4c 20c 60c Apr 2.70 6.35 Mar 400 i-1 / Jan - 52% 11c May 1 530 31c * 8 60c 8c 2.05 May 17 Corp footnotes, 18 %c Mar 1.67 pfd Jan Jan Jan 1.66 - Supertest Petroleum Ltd 5.10 4%c 20% May 3c 4 00 Mar 8c Feb Jan 2.25 60c Jan Jan 8%c 73% Apr 6.75 38c 8c 4 00 12c class Bakeries 2OV4 100 56 -• Canadian 1,500 " Apr • 20 Sugar Jan 75 y4 3.10 May 2l%c Mar Stone. Cut Aviation 35c ie% Ltd Sullivan Cons Mines Ltd— For 6Q0 1 000 52% * —• 4_. 1 Preferred Canadian Feb 17 services Mining Lake 5YaC 3.20 2%c 210 * common May Jan 1.66 Warrants Tacbe 9,500 6c 3.10 Jan 53% 51% —• Enterprises 10c Jan _• - Standard Gold Mines Ltd Eteeloy 3,500 3c 6.60 21c 3.25 2%c Jan 20 53 • ——— —— 90c May ——.1 "A" Southern Canada Power e% Spartan 6c 3,000 35c Columbian Lawrence Paucon 23c 4.00 2.05 — _2 Warrants St 22c 3.25 A Canada Cement common Class 3.50 83% Jan 14% Safeway Ltd 10%c ; Quebec Chibougamau Goldfields Ltd—1 Quebec Cobalt & Exploration .1 May 14% Permanent Feb 68 72 14% Canada 3c 75% »Jan Apr 18 8,085 Canada 7c 33 Ye 63% May 12,097 Jan 2,700 Jan Jan1" • 410 13% 3.85 Mar 11,740 May 26 x 3,545 32 Ye Packers 11 May ^ . 1.60 28% Jan 5,459 12% Canada 8c 23 104 •: 19 30% Jan 5c May 75 13 % 6.50 7%c 4Y2C 66 ■'•" 9% Jan Mar 99c .72 80 5.65 Mar Jan 63 Ye 3.75 Malting 8c 30 4.55 Canada 3.15 May 68 26,963 31 Jan 100 a46Y4 a46% 30% ;7%- 57 c 78c — 945 103. - 55% Feb 54 Ya -Jan . 53% Crushed 510 Apr; Apr 18 % Dominion 3.15 Jan 100 - 13% May 49 Ya , Feb V 24% 4' Apr 50.'* '.Jan • - .8 23% , Jan . 3.05 Feb 52% 1,900 Canada Iron Foundries common——10 8YaC » jan : . 51 104 72;: Canada 20c 13Y4 May 50 . il;, 25 y > 175 1.05 63% Canada 50 • Apr 29% . Feb • 225 ; 99c 30% . Jan 9% a46 Y2 0 Feb 6%c —50 53 8% 23% . May 3.15 __50 51Ve 53 8% 104 36 70c 53% 40Y8 May;;. 99c 52 Ya Apr : pfd 51 Apr May May 42c 31 Ya 8Y2C ' : Dock class A 8c 11 Jan Apr 8c 1 Mines Ltd Power Corp of Canada— iV2% cum 1st pfd— Red class Products Cabol 25 .Feb 9.60 " 9% Bruck Calgary Power 15,100 7,735 20 TelephoneBrockville Chemical preferred Feb a50 Feb 72 v 1.55 Jan. . 685 43 25 ;_10 Columbia Feb 60C Jan 24 47% Feb; 800 i ■" Preferred British Mar 31 Ya \ 685 . 13% common 7c 57c Jan v 21% May 22,% 40% 17% Corp Sugar 20c a50 23% 1.95 ex-dist-» * Power Columbia 30c 31 Ya 108 8% Apr t 22% May - 625 49% _* Columbia Feb 58c 15,631 • 31% British Feb • 25% 47 • Products British May — -Jan 17% JAn i 7.05 May 500 9% . 49 * _• 50 * 4 4c 1 part 2nd Class Feb 82 Jan 10c Jan 6 Ye Jan 72 Apr I4Y2C Jan 4.50 May 5c Jan 4.05 2.75 May 11c 13,394 22%. 100 4 common 13c 1 cum 5c 1.40 Mar (T G) 16c Place non 6,325 49% 47 1.85 i • common ———_——l 2,000 •'—— 6% 5,250 Feb 5.30 Jan 110 Feb 66 . 8% 50 50 : —— 8.000 7%C Prime Preferred -Preferred 40,100 1 Porcupine 1,000 13c 5.50 25 53%. Bridge Tank common,-——; 6c —1 Co Bowaters Brazilian Traction 16c -50 Ltd Gas 3.75 11c 4.50 Apr 9% Mar w ^ 38Y4 • Feb 15% May 20% Jan 1,132 • 2,000 . 68 Vi '7.40 , I Columbia Packers class A Feb 106% 13% ——— : 5V2% pfd Mersey preferred^. 6c — t. common—4 Corp 14c —2 & Bowater 17c 18 %c — Co Telephone— British Jan Jan 2.30 FCb Jan May; " Bell 17c Pitt Gold Mining Co Ltd Pitt Products Ltd class A Oil common Beaver. Lumber 15C Pacific Atlantic Candn Investment Co 1 Paudash Beatty Bros jan 2.45 May '35 860;-' 41% * 7c 2.90 1.30 TlY4May; 3,270 7.05 * —— Jan 3.75 pfd— Explorers Ltu Cooper Mines < Quebec) Ltd-1 Opemlsca Opemiska A 5c 60 Feb . -2.85 Jan 108 / May 5,225 23% 1.95 ' 10 5c 7 22% 49% . Oil 97c ' 107% 107% y 15%JL9 22% ——10 ——j. Forest 80 .1 Corp Rare Metals Ltd—.—1 ;• » Paper common & Columbia 1,587 — Northern Quebec Power Co Ltd com. Cum Mar Class Power American Jan 30' 1 -225 68 V* — British 27,500 8,100 18c 12% 105 ' —50 df Montreal—. Bank —1 Ltd North 1 Bright 7Ya «... 11% ■ Atlas British 2.55 ' 12% - 2.30 May 95c • May 1.85 7,777 49% May '27Y4 May ; 16% May 9678 J.Vxtir ; - 3,407 31 • Jan 1,27 20 109 I—. ._100 A— Jan 7 2.05 30 Acceptance ; common—4— —1 Ltd Amulet Mines Ltd West Nocana class Temple Mar 1.20 1.90 1.95 y 108 Associated ^Standard Wire 9c 2.45 5,650 —10 1.05 ■* 1.05 30% —50 i, —. —.—————mm———■ Ashdown Hardware class B 25% Jan 95c 9% —-— —— Jan 75c 2,647 . Jan 12 Ye Mar 10,460 101 2.40 48 preferred preferred May 50 y4 15% High • Jan 24% 303 'i; 2.30 24% 5c 5,140 12c Ltd —1 35c 22Y4May ■ 108 y4 -25 70c 134,415 -10 — Range Since Jan. 1 38% 100 J/4 common... 900 1.70 —1 Mines May *T 9,831 2.35 u. , 500 54 Va 5Ys Newfoundland Lt & Pr Co Ltd New Jan 3.15 Low 48 26 7.oi 7,000 1.50 ' * Feb 1.02 Jan 20c VIOL — 7c 51 VA 7 Needco Cooling Semiconductors Formaque Mines Ltd Jan lie 3;00 May Shares 15.% 15% . 23 70c 1.20 25C National Petroleum Corp Ltd Native Minera's Ltd— Jan 7c \.r Sales for Week s 25% 18% 22 Ya 2.50 • Ltd Co Jan - 8c - 6%c Feb 7 High 45%. —10 70 c 1.55 —1 — Vending 6,000 54 Y4 • Dairies Ltd Mining Corp Ltd. Murray National . 5c • Mount Royal ,j- Jan * 65J Canadian Dollars of Prices -100 5c ; _ Ltd common- 700 5 6c — 6c - Mount Pleasant Mines 23c 22 Y« —1 Ltd "'32,500 3.15 26 , Bank C; May 51% Jam; „1 Warrants 90c May 45% 7c 47 com—* -11 75c 65C 60c 65c —1 —5 Limited 10c 3.00 -14c < * Jan 10% 8% May 8% May 4,500 87c 84c 86C Malartic Distilleries Jan 45% Analogue Controls.,—.——— —if Anttaes Imperial class A new—. Argus Corp. common-— —.. !.—50 $2.50 preferred Bathurst 7% preferred 3c Aluminium /Ltd—™:—;—— Apr 10% Feb 9% 27 V2 • Melchers 4%c common--,,-—. .—10 —50 —- Aluminum Co A% ■ 1 1 * • Ltd Jan .100 • Mar 6% Feb 6 * 4.50 Mar 52c .• common— Algoma Steel— Algonquin Bldg Credit V*' Feb 3.80 Jan •* 3.30 May 3.00 May Jan 9.00 1 Mines Apr 4YaC May 15% Jan , • Feb 3.90 28c 4c 97/a 1 Ltd 58% 2,000 2,000 Low Warrants 5.50 Jan May 9'A 4c 1 Labrador Acceptance Corp class A 8 Labrador Mining <& Explor Co Ltd—I Mines 1,400 5%c 7c 1.00 preferred Algoma Central Preferred Jan lie 2.50 May 3.25 7,187 16,660 Mclntyre-Porcupine 59% 4V2C •Range •• Alberta Natural Gas. 1.99 May 26 5%c Feb 3.60 40c Massval 59% ; YaC •Week's • preferred. Class B May ' 9C 3.30 B 23,500 9c Class A warrants, ~; 1.70 May 20% Mar 3.55 Ltd class A Lingside Copper Mining Co Ltd Lithium Corp of Canada Ltd Loblaw Companies Ltd class A ' Apr 12% May Jan 37c Lamontagne Class A Feb f T 3.30 "A" 29% Jan 8.55 May 1.98 3.35 Inc 8%c 3.15 ;— Voting trust— 12c 37C Ltd '7c 3%c —:— Alberta Gas Trunk 39c 3.30 Oil ,3.35 Mar 5 — Warrants Feb 3.40 Class Apr Feb Apr * (Alfred) 6% May Jan —25 —— Preferred 54c • —_—* Lambert May ' Par /• Alberta Distillers common-- 23c i Laduboro Apr 8 2.90 8C, _• Atlantic Sugar common—— IlOO /— Acadia Feb 3.25 8.90 Preferred 83,835 2,830 28c Ltd common Corn Mines 10 1,300 Last Abitibi Power & Paper common——. 35,000 8,500 1,500 1.94 25c 19c 26 2,100 1.92 & Zinc Mines Ltd •381 4,535 Shown Are Expressed in .V Apr 23c 3c 600 12 12 Y« Keely-Frontier Ltd Kelly Douglas Ltd class A Kontiki Lead 12 6% Sale Price Jan 57 c Jan 4c 76,000 10,700 168 Mar 2.50 Kerr-Addison Gold Feb Mar 40c 3.30 Friday Mar 8c 3%c Feb al50 42c 3.25 Iron Prices 5%cMar • Club 27 %c Mar 6% v INDUSTRIALS 9% May 68 V4 Jan Warrants Jubilee May 1.30 Jan ' 9% May 22% Jockey 30 segregated into two parts. The first one being STOCKS, and the second list the MINES and OILS.' y May 55 Ya - Ltd 31 .' Toronto Stock Exchange;.-';. INDUSTRIAL Feb 9 Ye 10c Hollinger Cons Gold Mines Ltd 5 International Ceramic Mining Ltd—1 Helium Feb 1 of America International 30 25.% May 61c May Stock Exchange issues are Toronto The Apr 12c Apr 12 50 3.25 —w, Jan 5c Feb 8%c 1,000 9c —— 9 Vac 4c 66c -1 Mar 1.90 1.68 Mar 61c 3,200 5,500 6% — ;//•■,. Feb 12% 375 37c 300 35c Feb Feb 5,000 1.73 *1 25 % 3.25 -2 Feb 11 33c 31 Jan Mar 23 York Speculative Investment Fund of Feb 87c Apr 1,500 May 26% ! Jan : 23% 21% Apr 12c Feb 57c 40c 23c ■ 29 Apr May May 15% May 21 13% May 20% Apr 61c • Ltd— Mines 21,115 35c Apr 12% 8c 1.70 Gui-Por Uranium Mines & Metals Ltd 1 Corp 50c 100 33c Age Mines Ltd. Helium 900 26c Westville ; Apr 1,500 24 Y4 "■;'• Jan 1.00 9c 1.70 1 - 13 15 80c 19c Silver Lake Apr i—i.—1— Ventures Ltd 15% 25 y4 Associates Hout 10c 31. Virginia Mining Corp—___——-1 -1 Weedon Mining Corp «— Mar 11 1 1 Giant Yellowknife Gold Mines Golden Apr 14 40c 38c . 1 Ltd Mines Geco 11% 45c 11 Ltd Oils Futurity 600 250 1.40 May .. Feb 5,000 t Jan 10 Ya 28c ' • • Gaspe Oil Ventures Ltd Jan 20c 25% 30c 1 Fundy Bay Copper Mines 1.14 23,250 Jan 22 18% May 2,350 * Pools class Ai.—_-1 • Ltd .1 Vanguard Explorations Ltd— — Dei" 4%c Jan 8c Apr * • High 19,500 5,800 ; _ Val Mar Swimming Van Jan 5c 21 3 * Low 9c 14% 15% Principal Properties-—, United Towns Electric Co Ltd—_— 10 Apr 44 • 28 y4 1 Ltd Minerals Reliance Fort ■ .V Feb B ObalskrLtdl— United Jan 9c '•■ 50C ;•••': 1.65 35 Mar 1 4c J —♦ • Ltd Falconbridge Nickel Mines Ltd Fano Mining & Exploration Inc Fontana Mines (1945) Ltd Ford Motor Co of Canada Ltd Apr 80c .'^4* ' 1 Ltd Mines Metal 4%c Feb 10 Ya 80c 10 Ya '■ Apr 39% Jan V 600 '.J 7c flflCK United Range Since Jan. 1 9C 8V2C ' —_ class A—1-i—„ United Corporations Jan Feb 1.00 Jan 6,185 a3c 1 Dome Mines Ltd * Dominion Explorers Ltd— 1 Dominion Leaseholds Ltd —• Dominion Oilcloth & Linoleum Co Ltd.* Drummond Welding & Steel Works—• Dumagami Mines Ltd 1 Dumont Nickel Corp 1 East Sullivan Mines Ltd 1 Empire Oil & Minerals Inc 1 5c 30 3 40% — Apr • 10c 2%c 12 a5c : Jan 14c ■ 40% warrants. •' 3 %c Feb 10,000 a30% a30 V* 6 * -1 Apr Shares High 8c 8c -1 Ltd— Trans Mountain Oil Pipe Line—— Union Gas of Canada Ltd common.. Corp Petroleum Titan Jan May 4c 6,000" "" 6c 3%c Jan ' Ltd Mines Dolsan ■' . Jan 20 May 9c 11,000 1,000 A i Limitee Denault 11c 2.71 •. 3%c May 4,000 — —. 12c 4c Ltd Couvrettc Credit ICC 5YaC common Copper Rand Chib Mines 1.00 May 5,000 4c Quebec Yellowknife Mines Consol 12c 5 M»c Ltd Paper Corp Consolidated 3%c lie Ltd—1 .* * "A" Sec. Standard Div Preferred 3%c 1.50 Compagnie Miniere L'UngavaConsol Central Cadillac Mines Consol 1.35 5YaC -1 Low -1 mf-m --1 Cleveland CoDper Corp Par High Low lie — Lake Mines Ltd Chipman Shares 9,500 1,000 ' 1 Chib-Kayrand Copper Mines Ltd——I CliiOOUgaxnau Copper Corp 1 Range Since Jan. 1 High 1.26 1.35 1 STOCKS for Week Range Sale Price Chemalloy Minerals Ltd Chess Mining Corp— Sales Week's Last STOCKS Fabi .••Monday, May 21,1962 . (Range for Week Ended May 18) Friday Friday Pab . (2414) 42 . 1C50. 1.50 . 102 ' - Feb 72% Jan 11 Ye Apr 16 Ya , Mar 25 ■ Jan 105 < " 27% Apr Apr Jan Volume 195 Number 6161 The Commercial and Financial Chronicle .-. . (2415) CANADIAN MARKETS Friday STOCKS • Range Sale Price Petrofina Tire preferred Corp class Common 33% Westn K P _100 Conduits ' " ' X ' Distillers Dominion of Dominion Canada Coal Dominion i General Electro Warrants Dominion Magnesium Dominion Scottish Dominion Tar Dominion Jan 11 Jan 16 Apr Jan Class Feb 13,483 8 Jan 113 105 108 Jan 4,400 45 •47 20 21% 125 :.125 4.60 4.60 400 9% . , 9,532 44 «. 5,645 20 103% 5.40 58 613% 9% 9% 18 19 19 ; V 49 % 49% 10 y4 123/4 16 300 10% 12% 48 133/a 465 2,130 • 17 16%. 17% common —__X-* ll3/i 11% 113/4 _• 31% 30% 30,755 19 350 10% Jan 28 Jan 100 6 6 740 1.40 1.60 455 2.45 2.60 3.40 3.60 3.45 . 1st pfd 2.80 Feb 4.25 Feb 11 14 33 Jan 37 17% May 18% Feb May 26 Jan Apr May 223/4 Feb 55 Va Jan 18 10,940 16 22 800 21 43 249 43 14 Va 10,045 17% 18 223/4 23% 32% 33 A- 32 313/4 • pfd 8% 8% * 93/4 Apr Feb Apr 143/4 May 2,905 10% 425 22% Feb 23% Mar 945 81 Feb 33% 32 375 31V4 Feb 34Va Mar 87/a 8,387 •X 9 8% 9'/a 50 50 49% 50 2.75 2.55 2.95 11,440 • Ltd Feb Apr 16 —*• Jan May May 22 223/4 Feb 7% ■ 3.35 250 30 30 *• 2.45 2,180 43 7% ' 3,800 1,020 18 11 Va oixn Feb 16% Mar 1,405 . 11% 43 Apr 1.80 34% . 7 3.20 10% Apr Apr Jan 1.30 May 34 22 • Feb Apr 6 Feb Feb 1.20 13% May 4.90 May 17% , 17% X Mar 6 11% Xi— • class A preferred 14% 13% 15 Va 8,685 22 23 600 Bloedel Corp Powell _20 River 7,427 A. 747 • 20 19% 20% 19,350 _10O preferred 90 90 90 10 common E * 1.90 X * Canadian Metro Stores Prop Midwest Milton Jan 19 May Jan 8 % May 10% Feb 8% May 103/4 Jan 49 Mar 51 Feb 2.55 Apr 13% May 4.25 Jan 24 Va Feb 22 May 24 Jan 21 May May 90 May 24,911 820 1.85 2.05 40 40 610 100 2.40 1,400 16 % 11% May 1.60 Feb 40 Feb 2.40 Mar 40 May 2.20 Feb 14 Va Mar 111 Va Apr Jan May 2.50 Jan 8% 7% 83/4 22% 22% 22% 290 • Gas 1.85 1.80 1.95 5,535 2.65 2.75 500 27 28% 1,308 Jan 28% 402 27 May 27% May 31 273/a 31 Va Jan * Brewery class A —. • B Monarch 2.40 13% Mar 104% Jan 20 Industries Molsons 2.40 17% 90 20 Brick Class 870 123/4 • • common Preferred Jan 143/4 11% * C P 14% 107% 108% 12% 107% Ltd M 14% * • 100 common preferred 233/4 May 18% Mar Jan 4.90 " 6 2.50 warrants. (M) 21% Mar Feb 16 5,833 —38 — Grain Mar "'22% 14% 4.90 ■' • common— class McCabe May 12 14% 20% 23% 13% 4.90 20 Maxwell May 51 May May 19 23% common 19 Jan 12 3A 193/3 23 % Textile Feb ' 13,405 . * A 5 Va 9c Feb May 10 y4 13% 20 Massey-Ferguson Ltd Apr 11% 1,085 , 23.50 - 67 %. Mar 13 % Jan A class —— Maple Leaf Mills 4.60 May May 8% 9 • Mailman 9.25 Mar 58 2.70 350 34 1st Macmillan Jan 265 B Jan ; Feb ' 405 965 93/4 1 B Jan 27 Jan 2,350 2.80 9% '—a. Financial Cos Macleods Mar 8% 6,484 50 10% 154 63/4 2.70 Apr 80c Feb 50 4.50 • 675 7 3.60 11 .10 - Groceterias class A Class Ma^ May May 3.00 * V May 11% 10 -1 common Preferred 10% Mar Jan 120 , 9,585 5.75 58 " 3.05 75 : 'J Cement : Class Loeb 3.20 10"% Mar 1.40 1 Preferred ■!> - V 60 117 665 150 6'/a _io _.• Industries Loblaw 18%' Mar Jan 3,700 —10 - Feb Feb 3.90 89c — • A preferred' Loblaw 9% Industries Dover 19 109 Apr class Jan 9% 4.80 103/4 • preferred Levy 18; Apr -17% May 7% May 25 Canada Leland 9 Ill - -■ • Jan 22% Feb $2 May May 3.30 May 3.40 82c Loan $1.25 21% 7 2.70 Laureutide Jan Feb 595 ; Jan High 16%. Apr 103/4 Secord Feb 5,180 ./•' ^ Laura 12% ~~ 8%. * Preferred 106 325 83 10% 1—50 1 Chem'common & - 125 V * Coal +18% Mar 165 ; Lambton 425 - 82c Ontario 8.95 13 y4 Mar .* Stores ——_J 9,209 150 ...• Steel Dominion - 120 21 > • —X-XXXX Dominion - 18,165 11 • Preferred Feb 25 3.45 11 A Gas Jan . 3.35 11 10 class of 8% ' Jan 56 45% common—* common.— Feb 21 , 15% 3.05 X 1.25 - Inv Jan 16,179 ■ :io 6.50 Steel & 16 Jan 7 Va 15 -' 1 Foundry Lake Jan 6.00 3.35 Warrants 12% Jan 13% 3,150 • Common 11% 1,060 3.55 common Cement Apr." 56 1 • 1 common. : Dominion Preferred Ins preferred!. 1,805 ' , 3.40 - lafarge Apr Lakeland 111 '• May Jan - 3.40 Labatt 16 % Mar May -8% 8 Jan 93^; • „ X _ 2 Bridge. 7%.. - 584 - 107 . 173/4 8% 8 151/2 • Seagrams Dominion Feb - Ltd Douglas Kelvinator Apr 4.65 18% 'I '. •''■ 106 173/4 • ■' ■ 19% 18 y4. 100 - 18% i87/~ ' r_io Estate 217/a 3.85 14 1,050 8 17/%V ; common Feb , ,» Ltd - 9% _• . ' . 23% 107 20 275 : " —X—* preferred— : 223/e •• — 1 1,100 6.50 191/4 _X—X—100 .! * - International 15 8 Z6.00 22% • Trust : 14% 8 Mining & Smelting 20 % 2,710 83/4 500 ' Coronation, Credit Dale 14% 10 36 Jan 93/4 8 Jan 14% 1,800 Warrants Feb 7% 30% Mar 4,140 • * 9% 8 34% May 7% Warrants Kelly Jan 1,543 15 93/4.v 17 17% 7% 10 Club Jan. 1 Low 173/4 warrants Range Since High 7% l Class B preferred Apr 18% May Shares Low • Preferred Apr 28 , Service Lake B Jockey May ' 4.20 : 14 XX* , Ltd- 4.00 5 555 20y2 4 00 , 125 819 - Class J an 102% Feb * 191/8 31 Apr 16% 56 16»/4 May 29 y4 Apr 5% 183/4. 20% 505 - .36 15 • 1 X Corby Distillery class A Class B —1 A 5% 19, ; ; common Class B preferred. Class 293/4 5% • ; A — Copp Clark Publishing Crush 29 y4. ' 125 465 18 % 16 % 20% ; T I 24% 17% 1 L) 24% 16 y4 4 . Consumers Gas common (R Feb 24% >';» • ! Building Warrants Crain 99 Jefferson 'Jan Public for Week of Prices Par Jamaica 44 May 30 33 ■ ; .1 Preferred Crown 30 100% 100% ;10QVa _1 - Bakeries 1 Consolidated 440 ; National Consolidated 355 31 X* — Enterprises Consolidated 42 "• com Wines Columbia Cellulose 1 Combined 976 High Sales Range Sale Price 14% Mar Jan 41% —20 Development-,, Dunlop common 11% 33% May 413/a May 4ia/a * Cochrane 1,101 30 * Natural Gas Canadian Westinghouse Canadianwide Pronerties Gai 34% . preferred Chateau 333/4 Low 12%' Last Range Since Jan. 1 High 12% Week's Friday STOCKS Shares 12% A Canadian Utilities common 5% preferred X— Canadian Vickers' __L 4% Low 10 4♦ Canadian for Week iot Prices Par , Canadian (Range for Week Ended May 18) Sales Last ' Canadian C Week's 43 27% • Fine Foods • 27% ■s 6,490 7% Apr 10 Feb 23 Feb Jan 2.15 Apr 2.55 Mar 3.00 22 1.75 Jan Jan Easy XXX. Washing Economic Eddy Mach preferred Investment PapeT class —.20 X Trust A__ 47 —20 X- 1 -69 24 Empire Life Insurance common. Exquisite Form common.— Preferred .10 185 ——..10 11% 11% 12 *. 173/4 17% 1 Federal Farms Federal Grain Fibre class Products Fleet Manufacturing Corp " Fleetwood Ford of Co (U S)__ r 96c 1.00 22 -5 145 (Charles) 5%% J Bakeries— 303/4 100 102 5 Development ■. ^ 11% —1 Motors 11% &. Drill Mfg Wares Steel class A class A B 80c Lakes Power Warrants 142 Holt Coal ,50 Gas 6% $2.25 . common May 113/4 Mar j 7% Mar Apr Oakville Food ' •••'. 60 May May class Jan Mar 173/4 Mar 4.30 Feb 16% Jan 20 Jan 66 2.85 3.05 Apr 16,410 3.60 May • 7 107 7% 107 10 105 Apr 12% 1,750 12 Apr 12% 25 Apr 25% 563 25 Apr 26 90c 1.30 9,300 54% 325 Mar 250 7 Jan 9 390 16 Feb 20 45 y2 50 60 59 60% 42% 1,635 53 1.30 1.39 122 130 44% 46% 14,790 153/a 7,345 15 J/4 6% 15 6 Va 26 25% 49 6 Va 49 53 99 98 Va 150 - Bronze Nickel Powders pfd Commercial St Ltd Pall 6 Va May Cement Lawrence Class A 16% May 436 1,310 1.30 450 25 Va Jan 42 % 25% 26 42% 44 1,020 78% 763/4 80 12,281 43 y4 43% 45% 50% 493/4 7% 45c 220 5 Jan 34% 99 9 6% 18 May Feb Interprovincial Steel Syndicate Line PlDe class footnotes, • A 25c see page 45. 2.35 2,356 325 325 10 6% 6% 3,146 1,600 1.75 54% . 300 10% 48 Feb 50 Jan Feb May 65 Apr ' Jan Jan 3.20 2.25 May 235 350 Apr Jan May 8% 5% May Jan Jan Apr 2.60 51 May 64% 6 Mar 1.50 Jan 9% 62% 7% May Jan 6 8 Jan 800 10 Va May 113/4 Jan 49 Va 50% 512 49 Va May 51 May 53/a 6 Mar 203/4 Apr 225. - - ' • • 5% 5 Apr 310 20 May 22 625 21 % Mar 233/a Feb 15% 100 Jan 15% Apr 153/4 ' 10,990 20% 15% 15% 5% 20 21% 153/4 100 14 Va Apr 163/4 19% May 19% 20 875 6 7% 4,930 6Va 6,882 53/4 9 6 Apr 5% Apr Feb 20 Mar 8 Mar 7% Jan 85 ~8 86 170 79 Va May 87 Jan 10% ■ 11% 1,800 10 y« Mar 11% Jan 8 Va 5,195 7% May ll3/4 7% Jan 84% Mar 78% 78 80 8,258 78 10% 113/4 2.529 10% May 16 Va Feb 25 Aor May 175 23 Va Jan 10% 10% 1,500 10 Va Apr 16 15 173/a 14,795 11% Jan 19 ya 18 17% 18 2,175 15% Jan 19% Mar 22% 22% 22% 103 103 103 20 84c 90c 3,600 14% 10,475 7.50 1.530 10% 25 25 Salada class • A IlOO Foods 1 Jan —- Ltd 133/4 Warrants Seven 7.25 preferred Holdings class A • Arts 11% Mar Apr & Power Apr 12% May Apr 26 Va 24% 23 2,699 41% 42 240 44% 44% 75 * class A 7% 6 Va 7% 12,994 5 - Dairies 25 Va 42 —* 50 23% 23% 23% 40 12 V* * 12% 12% 605 13 22 4,769 May 1.86 Feb S * 13% 123/a 133/a 710 Apr Slater 13% 123/4 42% Jan 47% Mar 51 195 48 % Jan 52 % Mar 7% 2,850 ?% 90c Manufacturing Steel Foods Standard Paving Stedman Bros Steel Canada Steinberg class 6% 1,550 May 8% Feb Stuart 4.90 520 4.90 May 5.80 Feb Superior Propane 80% 833/a 3,938 77% Jan 1.55 1.45 1.60 7,558 1.45 55 543/4 57 4,777 86 Mar Jan 69% Mar 483/4 Jan Jan Feb May 7% May Jan 23Va May 12 % May 14 Jan Jan 13 Jan 14 27 Va Jan 32'A Mar 7 9% Jan Feb 13% 885 19% 515 19 Mar 31 32 990 29 Jan 4.20 4.05 4.25 935 3.75 Mar 13% May 14% Mar 20 Vs Feb 32 Va Mar 4.60 Jan 16 Jau 13% 13% 133/4 1,635 12% Mar 15 Jau * 19% 19% 20 % 63,788 19% May 21 Va May 1 common— A ; Preferred 27 Va 42% Jan • Oil Supertest ''witson 6 Va j21 19 Va —_ 20% 20% 203/4 425 203/4 May • new Industries ordinary. 670 11V* Feb -25 Jan May 26 Va 26 Va 75 24 Va Feb 28 14% 15 2,075 13% Jan 15% 26 26 26 50 25 % Feb 26Va Jan 15% 2§ • • 113/4 15 • - Petroleum 11% 15% 15% 1,595 14 Jan 16% Apr — 1.50 1.55 4,500 * common n 2.15 May Mar • Ltd Feb ' ■ 40 31% • 20 - - Jan of 23 39 Va Mar * common Preferred Southam Stafford Jan 10 21% 293/4 2,264 Jan May 68,347 13 Feb 5.50 27,227 28% Jan 24 25% 13 60 12% Feb Jan Jan 12% 29% 28 May 4.20 May 19 Feb 22% B D 7.15 May 24 1.25 10% Industries Silverwood K 13% May 223/4 106 24% 50 common Class 50 475 Mar 12% - Jan 24 4.50 Jan Mar 81c * Water A Silknit 24 4.50 22 % 100 common-* • Shawinlgan Shullys 7.15 24 4.50 25 r 13% 600 * May 54% May 7% May 10% • Apr 4.75 6 Simpsons Ltd 6% Mar Jan Apr 3.75 10% Jan 89 6 37 1.50 mmmJ Corp common 80 %. 5 300 8% 21% May 113/4 Gas 4.90 Pipe 50 6% May Discount" 2,540 May 76% May 40c 7% 513/4 » preferred Lt 1 Maurice Class 1,925 ; Interprovincial - Class A preferred Class B preferred 5% 300 2.25 —,.-X Apr 1.40 Jan 255 7,085 3.75 770 «... 100 40 17% Mar 9 22% 57 ■ 20 common 99 5yff 6 St Scythes 1.30 9 25% Feb 563/a _ (1956) Lawrence Selkirk -5% Feb 343/4 Mar ' (Hugh) class A Industries Jan Jan 6 52 Preferred Jan 8% May Mar 37% Mar 7% Jan 97 5 28 —. in Va May 173/4 • A / Mar 43% Common class 56 4.75 * ofd pi 50 25% com 2nd Apr 460 25 5 Apr $ Feb 230 4,472 Jan • * 50 8% — A class s 48% 4.80 31 5% Jan 25 Va 5% 75 8% 128 25 Apr May 563/a 10 60 May 125 32% 20% 40 25 10 60 • Mall Russell 125 Mar May 50 • Royal bank of Canada Royalite Oil common Russell 27 107,815 20 Can of Mar 28 53 Paper class A Rothmans 21 9% common 13,883 45c Bldg Credits V) 153 17% Mar 4.75 25 (A Preferred 4,495 8 • common 53 25 : May 15 8% 5 Roe Rolland 27 37 . preferred preferred May 13 39 28 _ 63/a preferred Mfg 13 May , Jan 1.75 Yarns 13 11% 34 % Mar 50 -J Z —100 49 • —50 common $6 Feb May Jan 8% • Robin Nodwell May 6% May Jan 83% Mar 2.35 273/4 • Utilities 45 V2 52 % 4.75 173/a 4.10 Mar 44% May 1 Minerals Preferred Feb 7.25 81 " 100 Prop 50 7% 50 • Robertson May 4,025 3.20 May Jan 5.10 May Apr 20 1.40 International 1.75 54 Va 3.50 1.33 — International Jan Jan 3.20 lo common ltf% 111 May May * preferred Apr Feb 50% Mar 10% 960 9 7% Gas A Apr 52% Jan 22% 300 3.75 — • Grip Batten Class Feb 54 • Gas Rapid 13 21% —— 1 • Preferred 17% Mar 1 1,921 41c 65% May ' Ore Riverside 8,671 9 Iron Jan Apr 13% Jan 5% ' • Trust Natural Warrants 3.50 18% 50 A Premier Revenue 44% 100 4. — Premium Quebec Revelstoke Bldg Preferred 6% Jan Mav 18 12 125 ~ 21%. • Jan 7 . Corp 3.05 45% * Power 52 % Mar Feb common common 10 2.95 May May 37 24 5% • Industries Feb 3.70 May < 12 283/4 * common Jan 2.20 May 2.30 Apr • ; 13 125 50 -8% Jan 16 37 27 * 43 15 Va 75 / • Credit Jan ■> 20 50 : Penmans t Reid Litho 15 1,300 83 13 -100 Preferred Jan 1,870 1 Drilling 8.10 1,227 5.70 82 Va Jan 15% May 8 % Mar __ * Hersey Jan 1,075 Products Preferred Page 6.30 1,839 21% Mar 105 • 48 % Mar 1,715 * common Jan 6% 20 9% -- 10 Wholesale 19% 250 50 9 « - Preferred 20 1,700 Specialties Steel Apr ' ; lioo preferred Cement Jan - 50 Warrants.— Northwest Utilities 16% 740 57% 5,570 — —1 16% - 12 % 13,117 19 50 -50 83/4 May May ' 200 64% 5.25 Quebec Power pfd 13% 62 18 —— Gas. Telephone 13% 63 18 • Natural Northern Peoples 603/4 9 — * Ontario Phantom 593/4 3.50 —4.86% common International For Feb 1.15 i_5 . __- Inland Cement Co 60 • — Acceptance Warrants 16% ,., " Northern 93 Va 6% Mar . . 15% B 123/4 May ' r 93A May 6% 375 1,595 . .16% 3.90 33% Jan .87% Mar ' 10 preferred Investors 9'% j 3.70 Feb 18% X50 •. - preferred - 12 y8 20c Assurance Inter-Provincial Feb 4,943 » 16 : 31 -Jan Jan 63/4 * : Paper prior pfd: warrants 13 Pembina PlDeline 25 Vs * A Ingersoll Machine Inglis (John) 1959 1,725 Feb Va May 2.90 5 Interprovincial 16 Wire ; 38% 48 55 • 25 20 International 16 — * c ommon Parker 162 1,400 ; class Natural Jan Class 153/4 Mar Jan 48 100 X & Co Warrants- Jan 13% 123/4 Mar May 2.25 16 Jan 54 i X 4 % %. preferred Inland Feb 95 410 Overland •46 48 • —: Tobacco $2.75 20 25 15% Feb 142 2.20 2.90 preferred 670 97% Jan 593/i .10 t Erie Industrial 20% 15% 109 Va 18 3/4 ; Renfrew Imperial 20% — * Products 6,721 7.30 9ya 3.70 common Life Oil 28 Va Mar Jan 9% 200 • " Dauch Imperial Imperial - '■» ' Home & Pittfield Huron 27 Va May Oshawa 70 6% . : 1,225 18 153/4 Smith 800 Jan 110- - 2.80 — 37% 113/4 May 30 50 48 . •11% 200 19% 17%. : — Mfg 28% 1033/4 - Mar - 60 9% / Mar '105 3,342 v.. 8 3/4 7.15 -.1 __i 72 - 145 . 60 class A.: Carpets Howard » 7 18% 18 trust & 33 2.20 (Geo H) 27% 20 * Mar 48% i. 30% May 100 95c 6% —.10 - 58c 48% ^ preferred Holden 28 Va Mar Ocean 600 10 . Hinde 23% Mar Ontario Loan & Debenture 80c 93/4 145 common Guaranty Trust Hees 600 Northern Feb 93/4 ' . Industries Greyhound Lines 1st 24 Va Jan 650 - 6% 4 ... Preferred Apr 24 Va Jan 5,019 i Greening Harding Feb 19 Va 4.10 60% 11% 50 warrants Farms 19 Va Jan Jan 55 Va May 93% 18% Winnipeg Rights Jan 16% Jan 14% Mar 500 11% Warrants Hardee 10% 25 20% • 93 ya common Gas Preferred Voting 1,325 19 17% May ... Jan 56'/a 33 , * X . Great: Northern Greater 183/4 19 * common 28% 5 11% Paper Lakes West 18% 19 common - Grocers Noranda1 Mines Jan 305 8% Great Great 183/4 Jan. 175 2,125 80c .* — B Apr • 5 Drug & Chemical Niagara 1,15 Mar 120 20 93% ij,— Great Class 60% 97% 25% Mar Apr 200 L —• class A Toy—— & Jan Jan May 200 _100 -— preferred Gordon Mackay Class Jan Apr Mar ' 8% Jan 66c 98 123/4 55%, —* common-—- _—-j-jf- Envelopes class A.: Goodyear Tire Canada common Grand 60 Jan 145 323/4 31 56% 50o Globe 4%. 10,940 11% ' : 113/4 113/4 32% 1% Products preierred 54 % 24% May 3.35 May 1053/4 1053/4 III Dynamics General 51 Neon 57% Mar X 60 102 1053/4 • General General 54% 1.345 32% 102 100 General Petrol • Ontario preferred General 90 Preferred Apr 21% . 17% Jan National Steel Car——. <2'3aii ->.• 6 -. Feb 875 15% 77 .'600 .' 18 32% . General — 10 % May 14 Va May 315 Preferred Apr Jan 6% 6,365 1,015 90 National 12% Feb I-j33 .: 11% 14% 89 ..Mar 13 '.'■•19: 10% 14% 88% Apr 125 %: 3.35 18 common preferred General 3.35 Apr 46% 15,994 ... 26% -.1 —5 .175 „ t 12% 25 .10 class A ,2,1.50 . 148 12 y8 26 y4 preferred 27% Mar 200 23% 100 101 % 100 ; Petroleum Gatineau Power 5% :. 7 223/4 -1 Apr 11% May % ..16 %'. Feb . ■r. ...165 '52 215 10% 14% 5 National Apr 25% 10 -.700 1,400 V ; 53/4 Co Fraser Companies Frosst 30 Z ■6% , • Jan 370 5% 51% * Canada——— Foundation French : -• — Motor Ford 5% _• ; 1 145 .... i;oo A common : 30 • 10 75 Jan f "173/4 Fanny Farmer Candy 50 % Mar Feb 65% Mar 21 10% Famous Players Canadian- 46 25 • • Trust Moore Corp common 16% Mar 1,715 185 10% Feb Mar 16% May 415 r 12 33 •: ' 1,000 47% 69 23 ' Common 6,015 163/4 47 23 >- 69 * : .32 16% 10 » • Montreal Locomotive Works Montreal DUpont Co . 1.35 Feb 1.70 Jan Feb The Commercial and Financial Chronicle CANADIAN MARKETS Friday STOCKS Week's Last Range of Prices Texaco common Canada Toronto Ltd Star Towers 19% 1,245 • 51 49 % 52 1,575 common Bank 175 10 63 63 65% 59% 50% 60 7% preferred preferred —100 Canada Pipeline Trans-Mountain Pipeline Trans Prairie Pipeline new Union Acceptance 2nd Union Gas Class of A United 1st class United Oil 1 1-45 1.30 1.45 3%c 40% 6 % 50 class B 31 9% 100 4,085 55 40 54 Va 297/a Mar 29% 30 435 24 Feb 40 40 75 30 % Jan 6% Feb 6% 6% 470 * 1.35 1.35 125 16c 17c 400 * .» i • ' ' • <' •—1 :r__ 47c 50c- * 5.25 1 5.35 Chirao Mines— Gold "Chromim Smelting Mining Cochenour Coin Willans Lake Gold i——1 Metals Coniagas Jan May Con Key Mines Consolidated Bellekeiio Consolidated Apr Consolidated Consolidated Central Mines Flin— 7% Apr Consolidated Consolidated Dragon Oil Fenimore * Viceroy * Mfg class B & Grey Trust Wainwright Walker G Waterous Webb Products & 10 & Ref Foods class 1.16 1.28 8,985 9%c 9,108 Copper A 1.15 54Va 1,500 2.35 3.00 Pass 16% 16 % 16% 4,212 pfd 9 Feb 99 125 8.75 9.20 AND Jan 3.10 May Crestaurum 1,610 2.70 Jan 4.10 Mar Croinor 44c 40c 6.35 1 ■. 15c lOo 5%c 5%% Nickel Copper & Gas class A 8.85 1.97 22c 7,000 15c Mar 25,165 10c Jan 22 %c Mar 35%c,Mqr 2%c Apr 22c May 1.85 May 7,055 ,, 1.19 —1 20% 9c Jan 7c 1.15 36c 2,030 7c — 70c 19% — 1 Persuing 7,625 6c 54c 1.00 3,000 3Vic Mar — 10c Horn V Deldona Pacific—lc Delnite Mines 8.00 Jan 10% Mar Apr 10% East East East 16c Apr 45 %c May 15c Jan Apr „■>. 92c i 6,800 Jan 1.37 *■. 7,500 8c Jan 16 %c 85c May 57c 1,200 44,600 45c Jan 93c Jan 18c 4,800 14%c Jan 36c Jan 4,800 1.00 Feb 1.19 5c Feb 9c 7c 1.05 7%C 2,500 7%c 15,400 9c 10%c 11,500 . Jan 11 %c Jan Sc Feb 12c May 6c 6,900 5%c Feb 7c Jan 3.55 3.45 3.75 2,200 3.25 Jan 8.00 7.65 22 % 22 >% 22 Va 25% 8.20 10% Sol 24c 24c 25c 15,700 8Vic 4,000 28c Jan 24c 64,983 27c Mar 51c 51c I,000 55c Apr 7c 7c 7Vic 19,100 Mascot 1 27% 9%c 27% 28% 2,693 9%c 10c 11,040 Mine Yellowknife 1 ; Mines Ltd Uran 1.00 1 Mines 36 Vic 9%c 16,006 7c 23,500 5%c Jan 11c 11 %c 13c 4,000 11c Apr 19c 5%c. 5%c 9,100 4%c Mar 7c Jan Gulf 46c 48c 15,550 58c Jan 2.26 2.41 14,520 10%c ll%c 39,768 10c Mar 6c May 10c Jan 16c Jan 13c 29% Mar 19Vic Jan 1.00 26c 5%c 5%c 6,000 5c Jan 30c34%c 12,500 13,000 21,798 24c Jan 16c Jan 17c 35c 37c 20 5,255 19,019 78c 20 1.09 Apr 12% May Apr Jan 8% Jan 42,500 19c Jan Jan 13c 34c Jan 9c Jan 39c 20c Apr Mar 40c • May 14c / Jan 2,000 31c 9%cMay 25% 12% > i Apr 19%cMay . Jan. 23c : — 1 Mining 6c 95c 23%c 1 ! 11% 12 1 Explorers 17c — 46c 1.60 May Jan 10c Mar 9c Mar 15 %c Jan Granduc Feb Great Jan Gulch 44c Apr 2.28 6%c 10c 10c ll%c 24,600 8%c 14c 13c 15c 41,400 12c Mar 5c 5c 5%c 6,500 5c Feb 8%c Jan 47c Jan 59c 6%c ■ - 1.35 Jan 2.49 Jan 48c 48c 52c 43,800 6.60 6.50 7.00 II,254 40c 40c 500 2.45 2.55 7,600 2.45 34c Apr — 6.00 40c 29c 29c 31c 12,200 3.80 3.55 3.90 20,775 2.57 2.60 2,900 5c 5c 3,000 4c — — Apr Feb Jan " 27c May 26 %c — Granby Mining 32c Feb 10%c 6%c Gold ray Jan Jan 6c Feb Jan Feb 7.00 Mar May 60c 3.10 36c 3.55 May 2.25 Feb Mar Jan Jan Grandrov Mines — 12c 5,000 9c 8c 8c 2,250 7c 20c 20c . 25% 5.30 23% 21c 7,800 26 7,000 26%c 26%c ; • 1 1 Hard 1 Rock Harrison Head Gold Mines Minerals of Lakes Heath Gold Mines- Ltd class 18c Mar 6c Jan Mining & Smelting Hudson Bay Oil _: : Hugh Pam Porcupine- Jan 15c Feb Hydra Apr 15c Jan Inspiration 29c »Jan Gold 25c 740 2.20 2.25 1,250 5.15 5.55 15,211 16% 15% 16% 832 1.02 1.00 1.02 4,150 3.60 3.50 3.70 11,900 2.10 2.05 2.15 10,575 5%c 5%c — 4.10 Jan 39c Jan 1.25 Jan 2.60 5.15 May 13 Mar 7.50 80c > 16% Jan 4.45 Joburke Gold Jan 13,000 90c 1,500 4.20 7,188 4.00 Apr 508 1.50 2.60 Mar Jan 1.80 1.90 3.85 5%c Mar 90c 3.70 Joliet Jowsey Mining Co Ltd Jumping Pound Petroleum— Feb Feb Feb Assets 2,525 purchased 1.46 May 20,600 85c 23,730 20c Jan 19,900 50c May 13c 13 Vic 6Vic 7%c 3,000 12c Feb 16c Jan 16,500 5c Jan J.0c Mar 7,000 8c Jan 11c Jan 13c 7c 1 8c 1 8c 8c 24c24Vic — 9,800 by United Oils 22Vic 21c 23c 30%c 28Vic 31c 4%c 4%c 28/2CMay 5,550 8.70 9.20 30,178 2.20 4,115 Feb Kirkland 1 32c 32c 32%c 6,572 Jan Kirkland Townsite 1 Jan Kopan Develonments Ltd * 12V2c Jan Labrador Mining & Exploration— • 27Vi Lake Dufault 1 5.45 Lake Lingman 1 9%c 9Vic 11c 15c 18c 87c May 31c Jan 38c 8c Mar 13c 5%cMay 19c 85c Jan Lake 1.22 1 20%c 20c 23c 43,366 20c 1 12c May 1.19 May 30c Feb 12c 12c 3,500 10c Jan 14%.cMar each ^ Osu Minerals Mines Gold— Mines T Jan .^an 25%cMar 42c Jan 7 1 Copper 82c Ltd 2.20 for Jan ^,'7^ "][an 39%c Apr Mar 10c 10,431 9.20 1 Mines Feb 24c 46,200 1 —, 2.20 3,600 Jan Jan 56c 1 3,300 1.34 2.55 Jan 94c 1 26c • 89c -* receive Gold May 50c Kilembe 84c Mar Jan 27c 30%c Jan 90c 9,850 12,500 May — Mines Stockholders 32c 34%e 89,133 73c 1.60 Kerr-Addison Gold 87c 1.19 69c 1.51 Kenville — 1.14 May 69c 1.52 Jan 9,000 1.19 65c 66c 49c Feb 20c • Feb 51c 1.87 16%c 6,855 — 1.80 16%c 8c 42c 3,609 4.35 21,410 8Vic 31,405 163% Jan 7,175 1.46 8c Apr 57c 23,564 Mar 1.01 5 Vic May 32c 58Vi 1.32 May 16c May 94c 1.32 __ 10c 2,697 57Vi 15% May 90c -—' Mines Jonsmith 5.35 13,000 1,300 , May Mar 27c ———— Jan 94c 7 Vic Mines. Jan 2.85 13c 36c 7,855 6,686 1 1.03 1.40 —-—• Quebec 10c 35c 14c , Jan 2.66 Jan 26% Jan 15% Feb 15%. Mar 2.65 Jan 59 % Apr 20%.Mar 17c Jan 54c Feb 13 ——l 13%c Feb " 7,015 Jan 5,100 11,425 35C Mines 1.95 May 28,050 2.28 23"% —1 —- - Explorations —— 3.05 5ViC 2.15 20% 11% 11% 2.05 54% 15% 6%c ; 1 : Jellicoe 5%c 3.70 Jaye Jan Jan 2.30 10c Mining 1.18 Mar 90c 180 May Jan 24c 65c 20c —i jacobus Waite 16c Jan 12% 1 Feb Mar 2.27 16 — Jan 13c 11% l -8c 14%cMay Mar 28c 11% 2.27. 57% — 8c ,V 4.700 12% 2.50 10% Feb Jan 38,300 ^-1 Mines Mines Jack 5%c 8.35 24,350 "12% * - Feb 4.00 3.75 Iso Feb 22% 1 Copper Mines Jan 2.2B 23 —1 Exploration Bav 2.25 * v • Bay Irish 5%c 13c • Hudson Iron lie.' 1 Jan Feb 11c 1 3.40 28% 29,250 30c __ 15% Feb 9c Apr 18%cMar 4Vic May 5 Consolidated 10% May 5%c Jan 24,000 Jan Jan 4.15 Jan 6%c Jan - 14,854 30c 20 24c - 2.80 Mar 4,835 1,000 11,900- Jan 6c 16Vic ; Howey Jan • Jan Mar ll%c 12%c 12%c . 12c 9.95 4Vic. 20c A_„ „ 9.45 , __ -He * Home Co 11% 6%c I7%c 1 Gold— Class B 9.55 18% 5,325 12c 13%c _1 Highland Bell HolUnger Consolidated Oil 10% V. —1 Iron Headway Red Lake———— Feb 20% — 23c 100 2,200 3.35 6%c 1 Gwillim Lake Gold-——• 4.90 19%c Mar 10% 3.15 1 Mines / 16 Vic 16%c ' 3.30 1 Develoo- Mines Lead — 1 — 12c i— _1 • Plains > 5 — Mines Gunnar Mining ? — Jan 32%c 9c 1 page 45. Jan 10c 1 1c 9c — see Mar 5c 19,000 1 1.14 Warrants For footnotes, 22c 8,100 16c Goldfields 21 %c • —- Ltd 1.81 4.20 Jan 18Vic Jan 8%cMay 8%c 16c Goldale Mines 6,800 Canadian Devonian Petroleum— • Canadian D.vno Mines -—-1 Canadian Export Gas & Oil —16% Canadian High Crest-; ——20c Canadian Homestead —._10e Canadian Malartic Gold * — 1 Ltd— Mines 68% Jan May 7c 1 Mines Genex 56 14c » Mining Gaitwnv 3,500 15,600 10c Mines— Exploration Apr 1 21c 1 Silica— 5c 20c Glenn 1 Northwest Mines, 9c 15 %c 8,000 26c • — 666 9%c 24c * Canadian North Inca 3,100 8%c 1.27 1 Petroleum 22 Vic Mar 9,750 6c 16c 9c 7%c 1 Minerals Feb 9Vic 5c 1 22%c — Chieftain Jan 1.80 Jan 13c Feb 8%c Apr Apr Glacier — Delhi 1.90 Jan 3.05 Giant • Astoria 1.61 May 1.40 May 5,125 7c * Canadian 2.49 6,975 17,850 3.30 Giant 25c Canadian 2.10 Mar 1.71 3.20 Ltd Jan Jan 1.57 3.25 24c 1 Canada Tungsten May V* r:; 75c 1 1-20 1 Petrol Jan 15c r Feb Feb 1 Southern Jan 27c 1.60 Feb 1 Lands 6Vic 6,350 2.30 4VicMar 7,135 25% Mar 1 .— 22,200 17,000 3,900 7c 1 Pete 15% Jan 12Vic Feb Jan Jan 59 Mines Jan 9c 6c * Ltd Feb 4.05 29% May May ,1.80 2tc 1 Campbell Chibougamau Campbell Red Lake 64c - 8c 56 Francoeur Mar 50c Mar 12% Mar 10c 16c 1 Mining Mining Mar 16,200 24,700 1.71 1.27 1 Oil May 3.60 Mar 1.71 26 1 Oils 64c "" . Jan ' 1-61 — 1 24c 1.43 1.49 1 Jan 27c / 23% Mar 11 Jan 9c Jan 1 Apr 1 Lake Mines 2.15 — 1 16c 25%c Apr Mar • Falconbridge Faraday Uranium Mines Fargo Oils Ltd Jan * Mines Mines 10c 45c 1,810 ; 9c 13c Corp 51c * Mining & Smelting 8c 12c Mining 24% 1 . 8c 12c 2.30 22 1 i 11% 11 1 1 Frobisher Feb 6O0 Ltd 11 2.50 1 23c 1 Mines 3,605 Co Mines 100 Feb 10,100 11,575 Sullivan 175 48c 4.05 29% Malartic Mines 6,000 16%c Jan 3.90 27% 6c 1.15 1.55 50c 46c 4.00 28% 29c 25% — 46 Vic 1 - 5c 25 1.05 May 20c Feb Jan 27c 1.05 — Jan 10 3,309 6c Fatima 3.75 May 7.60 May 14,365 Jan 44c 11% 15c r " Farwest Apr May 7c 31c *5,210 11 27c Eureka I 28,000 48c' 46c 45%c--* • Eldrich El Apr 50c 46c 1 Elder 1.17 Mar 10,566 11% Amphi Gold Feb 18,500 11c 1 9.00 May 20c 10c 45Vic " Mines Copper Dynamic Pete May 18c • Mines Duvan Jan Jan 10c Jan Jan 5c 6%c Mar 25c Petroleum Donalda 19c May 7c 9%c Jan Mar 18,300 4,050 1 Dome Feb Feb 10c 7%c 1 Jan 54c 11,250 7c 19c - 1 — — Mines 8%c 11c 92c 1 : 10c 19c 20%c — 19c 1 -^L Mines 6c 1 Mines Gold'Minds^— Dome 10c 1.25 1 Dickenson 38c 7c 4c Devon Palmer Oils 7,228 1.00 3 Vic Feb 13,000 51c 3 Vic 325 lie 85c 1 Mines 3,375 f Mar 9c 6%cMay Apr 73,400 1.11 6,250 Jan 14c 85c 21% Mar Jan 1,720 2.65 8c Jan May 7c Jan 1.39 May Jan 7c Jan Jan 75c 45 %c Jan 17 May 12c Jan Mar 6Vic 28c 6c Calvert Candore 66c 50c Mines Denison 7c Calgary & Edmonton Can'Erin — _* Mir#:s Jan 9.00 13 %c 14 %c 1 Petroleum Canadian Copper 32c 9.40 40c 43 %c * Mines Canadian • Zinc 6c 'Delhi 420, May 5 %c Apr ; 8.25 10c — Petroleums Canadian 1.85 13 %c 16 %c 42 Vic • Anlcente Canada 1,350 10 Vic • Pioneer Bralsaman Petroleums Oil 17c 6%c • Eralorne Canada 6,100 18,000 22c 1 & Feb 13c 7c 50c Mines . Camerina 42c 3%c V - 11c 1 Bay Uranium Borduclac Mines Gas 8,600 — Deer Apr 1.07."Jan. 9.40 1 .Black Calalta 6.75 ." Feb • Corp Copper Corp Mines Feb Mar 62c 5,099 Mar 1 Mines Cadamet 5.50 6,825 „ May 3%c 25 Bid cop Mines Ltd Cable 78c 25 Mining Red 15c 15c 1 6c — Buffalo 13c 6.25 i Geco Oil preferred Reef 7.90 May — 1 57c 1 Mining Buffalo Jan Dfecoursey Brewis Minerals 41c 50o Brunswick 4,460 Daering Explorers Daragon Mines 5,100 1 preferred Mines 7.05 Jan 17,202 1 Lodge Mines Britalta Broulan Craigmont —1 Mines Mines Petroleums Beattie Duauesne Bouzan 2.35 6.75 • Jan 26,972 1 Mines Yukon 14c Jan 15c 6c • Mines Bata Bibis Feb 90c 13c 45c 1 Mines Bethlehem May 5c 3,180 Jan 6c 1 Barymin Exploration Ltd Eevcon 6.45 75c * Mines Beaver 6c 17,500 1.60 Mar 41c 1 Uranium 8,500 11c 1.54 % c May 5c .1 Trust Belcher 6.15 . 17c Metals 8Vic 9Vic 1.60 6c 1 Bankeno Mines.— Eankfield Cons Mines Raska 6c 9Vic 12c 6 7c —40c 2nd Barnat 6,000 20o Oil Barex 19,583 12c 5c 10.25c Mines Bailey Selburn Banff 115,554 6%c 20c 1.91 1 1 • Arcadia 1st Cowichan Jan 38c 10c Pete Yellowknife 5% Jan 22c _1 - Warrants Base 75c 47c 6c 11c 6c 1 Oil Gold 8%c ♦ 4,025 May 1.50 1 River 12 Vic Mar 1 1 2,400 4.00 1 Gold — Gold Jan 1.60 May 14c May Mines 20,100 1,360 • Mines— Aumacho 5Vic 155,475 Lead . Petroleum 8c 1,425 Huronian Aumaque 143,764 42c 4.50 6.35 14c 1.39 3.10 May 17% 11c 11 Vic 36Vic May1.05 May 8c 16% 9% May 15% May —1 20,500 38c 4.00 * Anglo Rouyn Mines— Anglo United Development Aunor Feb Red 3,000 1.60 1.31 2.95 1 Explor_: Ruffner Apr 53c 10%c 37c 1.55 — 5,000 36%c — 1 Cusco Lead Mines Anchor Petroleums Atlin 21c 2.50 38c 3.10 Jan 35 44 OILS An aeon Atlas Jan Mines Crowpat Minerals Minerals Coast Jan 1.35 15% Amalgamated Larder Mines Amalgamated Rare Earth Atlantic Jan 34c 1 15% __ Gold 5c Mar 1 Jan Jan 3.75 Jan 24c Coulee 7% 36% 3.55 4c 10,000 21c CopperTtand Chiboug 270 3.75 .1,333 25c * 1,600 950 4Vic — Copper Corp Ltd Copper-Man Mines 2,775 Feb 4%c 24%c 18Vic ExploraLlon 30 Mar 2.49 May 13c 24%c Sannorm Jan 73c Feb•" May 18Vic West 11% May May Jan 1.90 11c Jan Jan 1 Consolidated May 1.28 1 Consolidated Conwest 1.34 4.35 Feb Mine Jan 100 45c Jan Mines Apr 50c 20 Feb 29 * Poplar Consolidated Regcourt Mines 9% '44 • Asamera Consolidated Feb 4.00 Explorations. Arjon Quebec Gold 29 Alminex Associated Consolidated Mines Consolidated Rambler * A Mines Ltd Akaitcho Yellowknife Mines Pershcourt 9% Agnico Area Northland Consolidated 5 Advocate Mines Ltd AnsJl Consolidated 42% — Anglo Feb 29 Ltd Amer Nicholson Consol 431/2 * Uranium Mines Gas & Oil— Anglo 1,000 —, Mar 3.20 May 92c Mar 22,650 11c 95c 13,000 2.45 11c 22 % Mar Apr 8.75 8,322 54c 2.32 Jan 1.55 17% May 18% May 96 50c 2.44 1 11% May 35% Feb 1.05 Mar 35c 52c 2 Negus Mines May 22% Mar 35 1 Mosher Consolidated 3.00 Mar 11% 26 Exploration Consolidated Feb 2.85 23% 10% 200 Acadia Leduc Morrison 4,545 * MINES American Consolidated 35 • Electric Roxana Jan Feb Jan — 20c 34%cMay 7,060 1.25 warrants-, Knitting class Allied 1.00 35 50 (J) Industries class A Woodward Stores Ltd class A Alba 95c 1.25 Yukon Wood 'r 98c 11 98% Jan 8,000 1 40% 98% 71c 35c37%c Mogul * 100 Apr Consolidated .-5 : 59c Feb 29 450 Jan- 4.85 Feb 3,945 41c Jan 16% May 15 % May 2,610 216,450 2,100 Apr 20 54c 10,090 28% 42c 49%c 3.45 38 17% May 1.22 55 42c Jan 48c 1.18 25 17% 7c Jan 3.20 39 18% May 3.35 29 20 Jan 4c • 29 17% 17c 1 Ltd Feb 30c Marcus Gold Ltd Oils Apr 1.80 Jan 14c 6,000 Mic Mac r.-6c > ; 12,650 Consolidated 39 • 2,100 Jan 46c Consolidated 1.50 May 29 —. 18c .Feb 5Vic 5c — 45c Jan 2.35 2,380 18c Jan 7c 19c v 44c „ 1 1 59% Jan 1.00 100 17% 63 Lake Jan 3.55 200 3.00 16% * A S2.80 2.35 167/s 9.10 Mines 37%c 9,023 20 ; White Acme 49%c 1 4,850 common— Hardware Abacus 1 Marbenor Mines 4.75 • a Halliwell 1.35 — Breweries—. class White Class Consolidated 58% Warrants York Mar 57 * preferred Zenith Golden 1.25 1 E & Gillies Consolidated 4.55 100 Warrants 4V2 % Consolidated 4.70 • Canada (Geo) Jan Apr Jan 5c ... i 8%cMay May 55 Apr 1.03 Jan 23Vic Jan 1.10 Mar 8%c Jan 29c 3Vic Feb 1.17 7% 130 Products Western Class 532 47c May 8%c 7 Arrow 5.50 May 5.50 Jan '- Mar 8c : 1 3.75 57'A Ltd ——.— Western Weston 61 58% 5c 8,500 5,500 Jan 22c Ja-n 2Vic Jan 5,000 1 Iron— 80c 13%cMar 4,266 - 9c Feb Mar .10,100 4c 4c 6% f 15c Jan •''' May 5%c Jan 57c 20%cMar 76c Jan ~ Jan/L.*7' Mar 4c 4c 3.25 14c 300 61 * Preferred Westeel 1,070 * trust Westfair 7 3.75 1 Wesley Mason preferred Westcoast Trans commonVoting 6% 3.75 14c 8c Consolidated • W Equipment Knapp Canada & 67/8 3.75 > 3,000 — Consolidated Vendomatic Victoria 12,221 77c >— 1 Discovery Jan 26c 4.65 30c Apr 24c 4.10-Apr1,' ... 5%c 4c „ • Cadillac 1.75 1.25 Mar 14c - * 307 3,205 76c 6c 33c Feb May 43 %c May'• !*■ 2,300 v. 25c „ 1 , Gamma 5.40 Janj<' 25%cMay 24,050 - 5.25 5.15 26c 2.50 * CalLinan Mar Beta 5.25 32%c32%c __ * ; Mines Jan • ; ; Mines Combined 40 42c 47c Feb 30% - 6,550 Apr May 1.72 Feb 10c Jan 15c 44c Jan 27% 10,600 3%c Feb 2.20 Apr 1.12 32,000 11,700 46c 31 24 % Mar 11,300 5c Ar»r 8.45 Jan 7c 25%c27%c 15c 15%c Jan 11 4c : 15c 56 10 700 ; Apr 7% May 237/a 1 1 . Kayrand Copper Mining-——1 Chibougamau Mining & Smelting 1 Jan 55 - Mines Chib 15% May Jan 31 25% , Chesterville Apr 27% May 9% Apr 15% Jan 21% * Electric 101 50 31 — Cheskirk Mines 41 % 25 • 25 Corp Alloys 75 55 30 Charter Feb 6% May 9,230 50- 21 * pfd~U~ 7% Feb 16% May 21% May 13% May 9% 21 * !— 97/a Jan * Rio 4.35 Apr Jan 7 A Steel Vanadium Vector 1.55 119,500 13 6.35 May 15,050 10c 95 — • —-— Inv 19,597 2.00 7c 100 50 - —__— Fuel 6.95 1.85 9%c 100 * common Preferred United 6.40 1.94 1 98 50 * Canada B 6.45 1 Porcupine 41 16,397 com pfd preferred Corps Class Del Pat Gold Jan 1.60 Mar Feb Central 7% 46,470 preferred 11 % Central 96 23 7,195 Central 2.95 May 15%:,, 12% 10%c Jan Jan 13% May 14% 12% 1.17 Feb 1,280 21% 12% High 6%cMar Jan 5,475 15% * ! 14% 20,200 22% 3,200 — 64 3.10 * , 1.35 .; 73 % 15% 1 Low 500 1.30 7c 1.25 7c 1 Quartz Cassiar Asbestos CorD Ltd Range Since Jan. 1 May 2.95 98 May ——* Ltd Mines Gold Shares High 63 13% — Trans 8% Cariboo 7 59 % May 405 41 * Feb Low Jan 3.00 class A new Captain 60 5% Mar 145/8 — Finance '> Jan for Week 14 4,337 • 21% May 49 % May Sales Range of Prices Par High 18 125 14 :—• 4 % 'h $5 7 14 50 preferred Warrants 7 * Marts common Traders Low 18 Monday, May 21, 1962 Week's Last Sale Price Range Since Jan. 1 High 18 * Dominion Toronto Low —* Thompson Paper Tip Top Tailors Friday " Par Tamblyn ; STOCKS for Week Shares . (Range for Week Ended May 1 8) Sales Sale Price . . 1 — — — * 9c 27 15c 28 /4 5.20 5.75 ... 13,150 L85 11,300 Jan .... 6 %c Jan 10Vs Jan 2.8!8 Mar 30c ; Feb 42c Jan 19! 12c wth Feb 17c- Apr ivran 4.80 Mar a ^7,800 _ 4 '%c .Tan 8.25Mar 9c 12%c ^. an 3c Feb „ Anr ^a^ 7 95 Jan 31c ^ Jan Volume 195 Number 6161 ; . . The Commercial and Financial Chronicle (2417) CANADIAN MARKETS Week's Friday STOCKS Last Par I Lake La Shore Luz Mines Mines Lamaque Landa 2.90 2.75 Gold 2.85 3.00 ,1,300 2.85 May 3.80 3.95 1,419 3.45 Jan ioc 4.25 Leitch Gold Mines 40c 41c 13,800 91c 1.07 28,975 8c 14,000 7c 3%C ,14,100 3c Feb 1.85 1,950 1.75 _ Gas 30c Yellowknife Macassa Gold Macdonald Macfie Gold I Mines 30c 8c Ltd MacLeod 9c 30c 32,332 10,000 A 2.5 9,250 25c 8,600 4c 9,600 3%c 22 22 1.10 Magnet Cons Mines 4c 3.10 1,000 1.14 2.30 " Uranium 1.97 Jan 39c • 21 Feb Apr 1.05 24 y2 2.05 Mar Jan Jan 1.16 Jan 2.35 Jan 1,500 4c 4,500 2yac Jan 3y2c Jan 3,050 74c Apr 91c Jan 4c 2,000 21c 3,200 Jan Mattagami 5 Vic 3%c Mar 17y2c 30c 28c 6 Vic 7,362 9c Jan 3,500 12y2c 70c 72c Mines Apr Jan 6y2c May 12c Jan 10,400 74c 20c 7y2c Mar 11c Mar 88c 15,750 70c May 31,090 43c Jan c 29,500 8c Jan 13c Jan 12 12 y2 1,525 8.80 Jan 14 Apr 10 %c 11c 7,500 7c Jan 14c Feb 8 V2 c Lake May 14Vic Apr 10,000 46 y2c 48 y2c 47c 12 % 9 % 9c Feb 5.15 Jan 3.05 1 18c 1 1 1 Mines 10% 6 Mclntyre 47 McKenzie Lake 17c Lake Red McMarmac 43% 6c Red McWatters Gold Mines Athabasca Feb 57c Feb Merrill Feb 20c Jan May 6c Jan 47c 62c 320,615 2.20 2.40 24,859 52c 50c 52c 65,800 50c 65c 72c 10,600 65c 8%c Jan 68c May Island Midcon Mines 10c Jan 70c 2.20 May 4,500 22 %c 23 %c 47c 6,300 9c Jan Mar 3.00 Feb 65c Feb 1.03 Feb Feb 12 %c Jan May 29c Feb ' .r 1 ~<-J- - ' , — 31c 2,100 28c Feb 42c Apr 4,170 13% Jan 16% 8,000 5c Mar 8c 67c May May 86c Jan 57c 21c Jan 49c "Mar Jan 3.75 5%c 67C 71c 5,580 59c 57c 60c 14,350 38c Minerals Murphy Oil Murray Mining Corp Ltd 38c 44C 16,000 2.35 2.35 200 1.17 1.27 181,400 ''' 1.17 • 2.25 94c Feb 1.64 Jan Feb 1.41 Mar ' 10c National Petroleum Nealon 25 9%C 10c 7,400 8%c Exploration National 6 %c 8%c 10,700 6c. 12,400 2.35 3.80 Mines — New Alger Mines New 4%c Athona Mines New — 32c Bidlamaque Gold 3.50 3.90 5%c 6%c 4c 5c ,. 9%C 78,616 9.15 Mar 15c Mar 16,800 48c May 46,000 43c Jan 28c 48c 50c 55c 64c 1.23 1.23 1.25 1,903 86c 86c 90c 11,075 80c 10c 11 Vic 32,900 7Vic 100 1.35 1.40 10% 10 1 Uran—_. 4,000 25,011 6c 2,000 14 Vic 15c 6,500 6c 7c 10,804 14c 11,500 13c Sand River Sarcee 1 13c Gold 2,500 1 Creek 1.88 9,084 Jan Mar 20c Jan 4 ViC Mar 7c Feb Jan 18c Mar Jan 2.04 May 9c 1.75 5c 5c 6,000 91c 1.00 12,654 90c 21c 22 %c 12,000 18c 20c May Feb 5.20 ' 5.45 1.40 Apr 7c 5c 50c ._ 10% 70c 1.00 5.25 Jan Feb 21 %c • Gold 14c May 7Vic May 14 %c May 1 Metal Security Freehold Sheep 1.85 Jan 1.70 Mar Mar 500 Petrol Satellite 1.86 Jan 19c 36c 1 Gold 1.15 Feb 5c 34,800 8c Apr Jan Feb 45c Jan 73c 1.70 9.20 6c May 71c Jan 10c 39c 4iyac 1 I 10% Feb 28c " 1.10 May 7 Vic 1 Consol 1.40 Jan 10% " 10 %c 10 %c Mar 1.15 15Vic Jan Apr ioyac • 4%c Mar 4,023 4.85 7c Jan 1.35 Feb 35c Jan 1.35 Jan Jan Jan 6.30 Feb 1.40 500 1 3.95 Sigma Mines Quebec 3.95 4.05 1 20,763 5.20 5.00 Miller Mines 5.40 3.95 May Silver 1 3,000 Silver Stand 34 %c Mines 37c 50c 2,320 25c 47c 26c 4,90 May 33 Vic May 4,500 20Vic Jan 31c Jan Mar 36c Mar Sherritt Gordon Mines Stanrock 37c __' 30c 26c 30c 18,387 1 1.65 Ii 1.62 1.75 20,310 Oils & 13c 15c 38,700 13c 11 %c 21,500 1.48 1.60 1,000 Oils • Uranium 1 Stanwell Oil & Gas 1 Starratt 1 Nickel ~ Steeloy Mining Steep Rock Iron Sullivan Cons Sunburst • 42c 6%c 7c 4c „ 6.15 1 Exploration 3,966 22,200 1.55 1 4c 6.10 24c , - Mines 29 %c 10c 6,500 6.35 28.449 Jan 26c Apr Jan 17c Feb 2.85 Jan 1.48 May 29c Jan 42c May 4%c Feb 10c Mar 4c Jan 6c Mar 5,232 6.10 May 18c Feb 1.58 5,235 1.45 Mar 23c 24 %c 1.54 Jan 1.93 ■ 1 _ III" Sturgeon River Gold 32c 6 %c 21c Jan 5.40 Mar 10Vic Apr 14c 1.48 1.50 Mar 4.80 1.40 Mar 13c Ltd Union Spooner ; , 1 Mines Southern Sylvanit-e 6,900 5c „v Jan Jan. 4,233 4c 27c Jan 7%c 7%c 9c 14,675 Jan 12c Mar 4.70 ..^5 -.. Apr h'AOc Jan 8,666 , 30c 32 %c it Apr 5%c Feb » Gold 8.35 Jan 30c Apr 1.80 Jan Taurcanis ZIIII 38c Apr 7c May 16c Feb 21c Jan 29c Jan 23c Jan 28c Feb Calumet Mines 22 %c 22 %c 25c 15,100 New Continental Oil of Canada.. 23 % c 23c 25c 63,450 9 %C 9%c 10c 5,500 8%c Feb 14c 4c 4%c 9,000 3%c Jan 8%c Apr 12 %c Jan 24c Feb 1.100 8%c Apr 40c Mar 40c 6,950 Mar 45c 1.52 1.62 Jan 5,650 95c 1,900 1.56 ZZZZZZZZZ 36c 1.49 Mar 95c 1.65 Mar Jan 1.20 Jan 1 12 Vic • g8c 66c 80c 1 38 1.19 1.40 87.849 qic 85c 1.07 83.450 31c 31 Vic 3,000 35c Jan 1.35 Jan 8Vic Jan 12c Apr 45c Jan 64c Jan 10c Jan 23c ~ioc II • I Torbrit Silver Mines Tormont Mines 12 Vic 13 Vic 1 IIIIIIIIl Towagmac Exploration 49c Triad Oil 500 57c 1,700 12 Vic 12 Vic • Tribag Mining Co Ltd 72,514 11c 55c * 52c 11c IIIIIIIl Resources 21,020 95,250 49c 1 Ltd_ Exp 95c 1.50 500 64c 66c May 75c Jan 66c Jan 20c 18c Jan Apr 1.62 Mar 1.55 Mar 1.53 Mar 36c Apr Apr 19 Vie 13,300 1.50 May 25c Jan 76c Jan 20c 9,200 14Vic Feb 25c Jan 15c 16 %c 15c ~1 6,800 17 Vic 20c 1 1.60 61c IIIIII ZZl IIIIIIIIl 1.50 12%c Jan 57,516 1.96 Feb Jan 4c 19,600 9%c ~i Petroleum Transcontinental 14c 9 %c 38c ZZl Lundmark Trans -Canada 13c — * _ Teck Hughes Gold Temagami Mines Territory Mining Thompson 14c ~35c Mines Tombill Mines Ltd 13 %c May;;.-; Feb New $ 6,995 49c Ryanor Mining Tidal Nama Creek Mines 10% 32c 12 %c Mar Jan 15% 5c Moneta ' x Antonio May 10,000 24c l Apr 15 5c 15% Mines Porcupine Wright Iron 22 %c 31c ' — Mining Corp Ore 9c 9c ,'j. Mining Oil Midrim Mt 5,814 51% 14c 2.35 Uranium Multi 43% May Exploration & Development_50 Mining ; Mentor Min 24,270 6V2C 1.2 Medallion Petroleums Meta 17c 6c 28c 19Vic May Apr 87c 7,917 15c 58c Rockwin Mines San 23c 92c 9.95 10% • Mines Siscoe 4,045 16c 50c 47 1,500 90c I_1 Silvermaque Maybrun 24c 2.98 May Feb 9%c 13 %c 1 Algom Rio Rupununi Mines Rowan 2,120 21,000 • Minerals Roche 3.25 23 Vic 92c 1 Rio Rix 2.98 17 Vic 19 %c Feb Jan 30c May 9%c Jan 26c Jan :28c Consol Jan 1 Apr 9%c Mining Corp Matachewan Apr 5c 1 5c 13c 13 Vac Martin-McNeely 25,600 Realm Mining Reeves Macdonald 4c 9c Quonto Rexpar 79c 9c 35c • Jan 9%c Oils 6 Vac Mines Jan 9,300 7c Jan Jan 5c Mining Petroleum 3.60 2y2c 6%c 12c 6c 1 Radiore Uranium Mines 21c Mines Jan .1 20c Quemont 31c 4,300 5,740 8c 24,600 Raglan Nickel Ranger Oil Rayrock Mines Jan 7c Apr 29 %C ... Mines Gold High 11,332 26c Mines Jan 17 %c . Queenstown Low 9c 21c Mattagami Quebec Metallurgical Jan 2.43 4c 21c Manoka Maritimes Feb Jan 4c ... Barvue Marigold 1.67 76c 77c Marboy Marcon Manitou Range Since Jan. 1 24yac Quebec 2%c Majortrans Malartic Gold Fields Maralgo Quebec Shares High 9c -1 Jan 21c 2.10 2.10 Jan LOW 9c .1 Lithium Apr for Week of Prices .1 Develop— May 3.55 3%c ; Lake Quebec 5 Vic Apr 8c May 5%c Jan Labrador 15 %c /Jan Mar 1.73 3.35 4c Cockshutt Manitou 7,200 6 y2c Feb 1.65 Mar 24c class Maneast 1.46 111,200 8c 3.50 Explorations Red 32c 1.98 5%c Mines.— Mines Maclaren Madsen 9,550 1.78 1.98 ; . 1.63 Quebec 54c May 3c 4.00 Mar 4.50 Jan 7c Loraao Uranium Mines Lynx 48c Jan Par Quebec Ascot Copper Quebec Chibougamau Gold- ,1.46 Mar ,. 38 %c May 1.55 Mines.. Long Lac Gold 3.25 Jan 1.55 Mines Gold Mines 3.30 7%c Gold Lexindin Lyndhurst 149 40c Lencourt Long Point 4.25 1.00 I_50c American 3.15 May Sales Range Sale Price High Feb 3.90 Mines Langis Silver Little Low 2.60 1,687 Week's Last Range Since Jan. 1 High 2.90 Friday S T O CK S Shares 2.85 _ Oil Latin for Week of Prices Low (Range for Week Ended May 18) Sales Range S&le Price 45 New Davies New Petroleum Goldvue New 50 Mines Harricana —. New Hosco New Jason Mines New Mines Kelore Newlund New Manoka : . 2,125 v 7c Jan 86c 93c 14,425 71c Jan 8c 7c 8c 9,450 6%c Jan 7c 1 Mines Min exch. 7%c 86c 7c 7%c 5,500 7C 18c 18c 20c 43,375 16c Mines Manitoba Being 7%c. • sh. & l Smelt for sh. Co Mar Jan 10 %c Mar 1.20 Jan 9c Apr 10%c Jan 25%c Jan Trinity Chibougamau Ultra Union Shawkey Mines Mining- Corp Union Oil United Canso United Mining Smelting. & Newnorth Gold Senator Nickel 30c 34c 31,400 13c 11c 14c 206,200 4c Jan 7c 6y2c 7c 12,885 6c May Mar 64c Jan 30c 48c 51c 18,853 Rim 43c 43c 1,065 43c 1.55 1.61 5,000 Nisto & Smelting Mines Mines 1.61 Mines Acme Norgold Mines 5 Vac Mining Corp 2.99 Norpax Nickel 18 Vac preferred Canadian Oils 70c Exploration Northspan 5%C Jan 5yac 2,000 5c Mar 13c 4,525 12c Mar 3.00 7,767 17 %c 19y2c 28,300 6yac 7c 4,450 1.76 2,650 2.76 Feb 54c 1.75 Feb Apr 7c Jan 41c A Canada 9c Jan 15yac Mar Apr 3.10 Jan 4c Jan 24Vic Apr 6c Jan 1.70 May Oils Mar 69c Jan 70c Feb 89c Mar 6.80 25c 28c 19,699 21c Jan 32c Apr 33c 20,900 31c Apr 61c Mar 40c 700 3.00 3.15 28,900 Ltd 20c Jan Weedon Mining Werner West 7.45 Mar Western Inlet class Jan Yale Lead 16c Jan -25c Jan Jan 11c Jan May 65c Jan 12c i3y2c 5,500 11c Apr 16c Jan 25c 16,750 1.74 35,566 5c 5 Vic 7,300 1.26 1.20 1.32 11.850 57 56 % 59% 10,383 56% May 19c 19c 19c 80c 9,000 1,500 14Vic Jan 80c 68c 68c 1,366 55c 1,505 52c Jan shr. 1 for Oils ea. 74c Jan & 90c 14c 14c 16c 17,500 15c 15c 16c 10,000 6.1)0 5.95 6.10 27.236 • Mines 9c Jan 13 %c Jan 5.65 Mar 2.30 2.25 2.30 7,500 Ormsby Mines 29c 29c 29c 10,000 21c Jan Osisko 46c 43 %c 46c 48,100 43c Apr Lake Mines Porcupine Paramaque Mines of Canuck Yellowknife '1 . lie 18 18% 97c 1.00 6,050 72c Jan 10c 11c 71,000 8c Feb 1,733 6.75 Jan 29c 18,775 14c 16c 23,021 Phillips Pickle Ltd Oil Powell Oil Prospectors Gas Purdex Feb Jan 16C 8,500 22c Apr 84,000 16%c Apr 52c Mar 12,420 25c May 44 c Jan 11c Jan 11c 12c 1.02 1.15 3,700 63c 75c 33,700 21c 25c Mines. 67c 10c Gold 67c 8%c 4,900 68c 11,143 54c 10 %c 148,200 5c 72c 81c 26% 27% 50c 61,250 5,160 36c Jan Mar 70c May Mar 12 Vic Apr Feb 91c May 29 y2 Mar May 91c Feb 32c May 85c Jan 65c Feb 76c Jan 3 Vic 7,000 3c Jan 7Vic Jan 15c 20c 190,900 12c Jan 21c Jan 67c 69c Mar 3.200 59c 3 Vic 3 Vic 4,500 3Vic 1 00 98c 1.06 6,816 98c 2.70 2.40 2.85 15,850 19c 19 %c 7,675 80c Feb Jan 6c Mar May 1.26 2.40 May Jan Feb 2.98 May 15c 22c Mar 35,000 1.90 Jan 24c 127,100 15c Feb 35c Feb 6c 6,000 5c Jan 8c 18c 18c 4,857 14c Jan 1 00 1.00 1.00 5,275 95c Mar 9c I • Hill 9 Vic 11c 7.620 9 Vic 11c 198,700 5 Vic 2,000 92c 90c 94c 40,720 17c 20o Mines 17c 20c 26.365 10%c 1 _ Hi Zenmac Metal Mines j 23c 1.03 Apr Apr Feb May 14c Mar 3c Jan 12c Apr 5Vic Jan 7c Jan 90c Mar 1.05 Jan 14c Mar 4c Mar 38c Jan 5 Vic 6c 5,000 9c Jan 32c 28c 32c 95,950 15%c Jan 37c Mar 21c H HIIHl ; 1.41 Mar 20 Vic 23c 14,000 20c Mar 32c Jan Toronto Stock Exchange—Curb Section Prices Shown Are Expressed in Canadian Dollars Friday Week's Sales Last Range for Week Sale Price of Prices Par Anglo Nlfd Development Corp Asbestos Bulolo Gold Canadian Gen Consolidated Dominion IUHHb common Investments II* Paper Oilcloth Ogilvie II Lino & * Flour Pend Oreille Price Ontario Paper • Bros Third Yukon Mines Canadian Cons 100 34% 2,195 7.35 7.35 7.75 2,650 19% 19% 130 19 Jan 20% 40% 40% 40% 750 39 Feb 42 Mar 40% 42% 4,435 39% Jan 44 Jan 26 25% 26% 600 23% 23 23 100 21 May 24 Apr 27 26 27% 2,875 21 Jan 27% Apr 33% 33% May 10% May 12% Gen Gold Inv 34% 195 11 2,450 22% 150 22 49 49 50% 234 49 2.10 2.10 100 49%. 49% 50 1,021 7% 160 45c 47c 11,200 35% 35% 50 7% 10 Jan 8.30 V May May 26"% Apr Jan Jan Feb 39% Mar Jan 25 % Mar 55 2.10 May 48 Mar 36 % May May 7.35 May 10% TrustlHIII* Corp 8% May 33 22% 10% Z~1 "• High 8% 33 2.50 common Low 8% 2.50 1 & Range Since Jan. 1 34 1 III* _ Shares High 8% 0 Inc Minnesota Low * Gaspe Copper Mines Hayes Steel Products International Paper Loblaw • Dredging Bronze Canadian 5 Jan 2.25 Mar 56% Jan 7 Jan 45c Apr 50c 32 Jan 36% May 7% Apr Jan 33c 2.00 500 6.80 3,204 Airways 70c 67c 70c 9,200 Jan 45c 32c Ltd Jan Apr 26% May 1.95 Ltd 2.00 500 6.30 Producers 41c Feb 14c 75c 4,000 ' 6.75 — 1.02 May Mar 55c 20c Ltd — 10c 13,100 50c 73c 26% Royalty Minerals 16c Apr 30c B0 Mines 3.45 May 41c Feb 30c 21c Ltd Uranium Rouyn Prairie 9.00 Mar 15C 11c Oils Preston Jan May 25c 65c Development Ponder 10c 12c 22c 1.02 Place Oil & Gas Placer 2.60 26%c Mar 1.05 May 15c Minerals Gold 7.50 29c Gas Co Crow Ore & 3,900 , 13% May 27c Oil Mines & — • Exploration Oil 99c 1.74 Feb 26 %c Gold May Jan Feb 50c 27c International Paymaster Consol Oil 20c 73c 3%c Feb May May 8.80 Petrol Jan II Feb 37c 3.45 Peruvian 1.15 1,100 17,094 8.40 Perron Feb 67 6c Oil Bear Feb 21,300 3.10 & Jan 2.09 Mar 21c I Mar 42 c 8.40 Gas 8c 1.60 Young (H G) Mines 2.73 Mar 32c 7.85 3.40 Exploration Apr 1.84 Jan 143/a Canada Pernio Jan 6.75 37c 37c Consolidated Gold Peerless 2.05 32c 7.50 20 Pamour Patino 32C Feb 18yac Mar 13% 14 Warrants Lta 5c 17c S T O CK S Pacific Petroleums Pamoll Jan 1.45 Mar held Oleary Malartic.. Opemiska Copper Orchan 20c Feb 21 %c Zinc Zulapa Mining Ltd— 4 1.80 1.20 May H Being exch. into Manoka Mining & Smelting Co. Okalta Provo 22c 1.67 Yellorex 32c 54c Apr 5 Vic Yankee 9c 1,000 55c 24c Apr 1.62 Wright-Hargreaves 3,500 I Jan Jan 1.39 {qq Apr 2,000' Co 24c 11c IIIIIIIIl 3.30 18c Mining Jan 42,500 40,015 1 55c 32c Metals 17c 23c 1.57 5c IIIIj50c A Winchester Larder 9 Vic 13 %C 1,000 22c 1.69 Windfall 9c Mines 21c Apr 67C , Pitch 21c 45c 1.47 2 : Wiltsey Coghlan 18c Rare PCE Jan _1 Petroleum Mines 32c O'Brien Gold Mines Pax Jan 9.50 Mar 1 Yukeno Mines Pato 2.06 8.00 Mar Hi Mines Surf Willroy Mines Nudulama Oka 1.42 May 24 Vic Hi I Nickel Malartic Beaucage Norvalie Nova 35c 5,675 5.199 * Lake Westburne Oil Mines 41c Mar 9,500 1.55 1 Decalta 1,200 2.35 Wasamac Western 11,975 38c Violamac Mines Feb 6.25 Mar 8.80 1 ,_ZZZZZIZZZZ• .——II* I IIIl Mines 42c Jan 14% 1.47 23c IIIIIIIIl ZHl Exploration Ventures Ltd Western 6.15 3.05 ; 39c 21c 8.50 1.52 1 Jan 71c Jan 10% May 4.75 Apr 40c 1 Mines Vespar 4,300 1.55 • _ Jan 43c 1.80 ~ Fortune Upper Canada Mines Vandoo Consolidated Vauze 18c 1,755 5.20 21c Oils 8c 70c 79,483 New 2,566 11% 4.90 8.50 1 • United Reef 2.25 3iy2c warrants Mines c Jan 20c 10% 22 Vic Mar Jan 37yac May 40c ; class Northland Mar 4c May 26c 6.65 Rankin Northern Jan 30c Jan 14c 31 Vic Goldcrest North 19c 4,201 52c 13yac 42c Coldstream North 8,000 1.70 6%c 25 common Warrants Northgate 5,000 21c 2.91 Mines Normetal Oils 5c 21c i2yac Norlartic North Feb 5c 21c Mines Northcal May 1.35 34c 37 Vic Gold Norbeau North May 47c Nipissing Nor 30c Mines Rouyn Mining Nickel "III 19 Vic 4.90 Mindamar United Co Mylamaaue Mining & Smelt Ltd.i New t Jan 11% ZI—ZZl r 'ZZZZZZZZli United Keno Hill Ltd into United New v ~ _ United Asbestos United Buffadison 7c 1.95 May 5.50 Jan 67c May 2.70 Zellers 1.75 1.75 1.89 25,778 1.75 May 2.28 4%c 5c 20,100 4c 7Vic Jan •No Apr par included Feb 5c * Jan FOOTNOTES FOR OUT-OF-TOWN AND CANADIAN MARKETS Jan 6.80 May 1.02 Jan 1 _ wl When value, a Odd lot sale (not Included in ' in year's range), d Deferred delivery sale (not year's range), e Selling ex-interest, f Flat price, r Cash sale (not included in year's Ex-liquidating dividend. (Un) Admitted to unlisted trading privileges, wd When delivered, issued, x Ex-dividend, y Ex-rights, z Ex-stock dividend. HV w WPW f!} "WW' fPTffTrt' T Hr"*" ^<tfWWJWw&wJi ■/ 46 The Commercial and Financial Chronicle (2418) t . Monday, May 21, 1962 . ;J S ;'» National and Eastern List of Over-The-Counter Securities- (Quotations 4, < 1, i furnished quotation 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") or bought (indicated by the "asked") at the time of compilation. Origin of any The following national wide I The request. on distribution. The "Eastern" distribution primarily in the Eastern Par El Bid Par Corp 14 mi C E I R Inc class A 13 1 Acoustica Associates 10c Addison-Wesley Publishing Co.*, Adler Electronics Inc .-10c Aeronautical Electronics 1 Aerotest Labs Inc 10c Electric Acme Par Ask; 13 Mb 1 Rents 14% C Company Corp Inc Interstate California 2 Liquid Calif Water Service Calif Water 1 5 Airwork Corp ——1 Ajax Magnethermic Corp • Alarm Device Mfg ——10c 18% 20% 5 Ma 5% Cameo 4% 5 Ma Canadian 16 Ma Canadian Electronics 7 Ma 6% 20 22 Ma 10 54 Ma 59 1 ".12 Mi Homes Albee Culver Alberto Inc Aid 14% Cal-Tec Systems Cannon A class Electric Allied t Allied f; Allyn & Bacon Inc 12 Mi 3% 4Mb 1 17 Southwest 74% 4% 5% Inc Caressa ioy2 12 Carolina 28 Ma 30% Carpenter E) 29% Cary 31 Ma Cascade 4Mb 4% -1 Inc Natural 8 Mi Co 10c Gas Alpine Geophysical Assoc Altamil 50c 4% 5 mi 2.50 American Air Filter Co 1 American Biltrite Rubber Co—• 23 Ma 25% 22 25 Ms Central 18 Ma 20 Mb 5% 6 Ma 9% 10% Inc Bowling Enterprise—1 5 American American Cement Corp Cedar Point ——.—25c Field Indiana Central Louisiana Central Maine Central Telephone 5 19 30% 35% 30 32 Ma 6 21% 23 Ma 1 2% 10 Cryogenics 18% Cent Electronic Labs cl A_1 12 Ma 14% Cetron Electronic Corp 5 1 49% 5% 6 Greetings class A—1 American Gypsum Co 1 39 Ma 42 Co Express American Co Furniture American American American 5% 6% 9 Mi 10 Ma 3% 4 Ma Bowling Gobain St 16 17% 21% ' Plastics—1 As Rubber American 23% 10 Ma American Christiana Securities City class Gas Co 12 Clarise Sportswear 28 Ma Clifton Precision 14% 16 mi Clinton Engines 6 5 1 Inc Labs 19% 17 Ma * Corp 5 22 1 .i Prod__33M3C 23% 1 13 Mi Corp cl A_: 10 Engineering Co Inc—1 6 Ma States Gas Coburn Credit Co Inc ; National Cole 1 Anglo Canadian Tele class A.10 18% 20% 55 Ma 59 4 45% 49 Applied Electronics class A—10 Applied Research Corp.. 25c 2% 3 Ma Colorado Interstate Gas r>% f % Colorado Milling « 6% Colorado Oil & Gas Corp t Elevator—1 Anelex Corp Anheuser-Busch Inc 1 Inc Aqua-Chem Industries Arcs Arden Co Farms Arlans Art 1 15% 16% Colorite 52 Mi 5t>"/4 Commerce 25% Co—2Mb 27% 17 Mi 4o'/a 1.6 17% 14 Mi 15 Mi Plastics Inc Gas 19% Commonwealth Refining_2c 8% 31 Mb Commonwealth Telephone Co_10 2)f/4 Metal Computer 7 8 Mi 9 Ma Instruments Corp_25c Connecticut Light & Power Co.* 1 7% 8 Ma Consolidated class A Corp Ma 12% 1 Associated Products 1 Associated Sales Analysts cl A_5 III Inc Products Springs Corp Associated Transport Inc Atlanta Class 2? Industries Automation Adhesive Avery Avon Products Aztec Oil Atomic Baird Baltimore I? #«1 Paint Hydro Eanlife Bargain 22 Ma 19% Consolidated Rock Products Automatic Screw Control Data Corp Coffee Company Electric 'i 6% 15% Coral Ridge Vitamin Cove Cowles 893/4 Cowles 19% Craig 9 Ma 5% Magazine Systems 47 52% CTS 17% 19% Cummins Inc 12 6 5 Mi Barton 13% 12% 1374s 28 / 11 - Gas Co 13 Ma Engine Baystate Beauty 20 Mr 61% 3% 10c 2% 3 Mb 16mb Darling 54 58 Ma Dashew 1 42 4«% Data-Control 1 11% 12% Dejur-Amsco 1 17 Mi 19 Mb Del _20c Petroleum Belle 7 Mi Isle Belmont Bemis 16 Ma 18 11 Ma 13% Delta Corp Corp Iron Bros 5 Works Bag —25 Co Hathaway Berman Leasing Co Beryllium Corp Inc.. 31 Mi 33% 7% 8Mb A) Western Binney & Bird Son Eastern & Petroleum Petroleum Smith Hills Black (M) Blue Bolt Bon 7% 14 mi Disc 26 28 mi Diversa 47 mi 16% 10 Ami 5c Newman 4 Mi Crystal Botany Industries Bowl-M'or Bowman Bowser 11 Ma 5 Ma Buckeye Steel Burnham Burns (W & Bzura Chemical Inc For/footnotes, 20 Donnelley (RR) & Sons Co Inc 7% 21% 6 Mi 7% Drackett Dravo Company ~ 28 Mi 47 Mi 38% 1 7% class Dura Bush A Dymo •. Inc 1 Company 2 Ma Industries 33 Ma Dynamics 1 2 Corp Duriron Inc Corp Dyna-Therm 1 20c Chemical 31 Ma Eastern 16 17 Eastern • 21 23% 11% 12% ~~ 16% 31 Ma 8 Mi _l0o 11 Mi 25c 5 Mi 60 6% 41% 8% 64 Ma 5% 6% 19% 21% 23 25% 29 9% 11 1 2% 3 Mi 26% 29 Mb , Racing Association Utilities Associates 18% Edgcomb Steel Co Edgerton Germ & 9 12% 6 Edgewater Steel Eitel-McCullough EICO Electronic Co Inc Instrument 19 Mi 21 Mi 17% 19% Corp • 26 Mi 46% 15% 17 11 Ma 12% Lance Latrobe Lau 278 3% . 10 Ma 11 Ma 22 Ma 8Mb 25 Mb 2.50 16 Mi 17 Ma 2.50 12 V2 13% 5 Mi 22 Mt 24% 23 29M2 25% 15% Leeds Travelware class A 15% 17Mt Lei Lestoil 4% 5% 1 Products 15 M2 17 Mi _50c 4M2 5% & Inc Inc 70c 25% Levitt 16 M2 18% Lewis; Business 17 18% 10 M2 Liberty Loan Corp Lilly (Eli) & Co Inc B_. 10 50c 11% 3% 3 Ma Sons 34 37 Mi 7 7% 13 14 Lock Joint * 19 21 Loft Candy Inv 1 12M2 13% Lone Star Brick. 5 20 22 Longs Wash P) Ind Fire 3M3 Estate Real 16% * 1 1 & Dunlap Inc Capital Inc_ Chemical Southwest Corp Interstate 32M2 10c 5 Mi 9% 7 1 8% Controls—1 & 14M2 35 M2 _l 37 , Madison 7% 10 39% 40% 15% 17 Mt Gas Marmon -18M2 20% Marrud 20% Marse Handmacher-Vogel Handy & Hanna Inc Shoe Hanson-Van Inc Hearst Cons (D ,__1 ; 15 M2 Herrington Heublein Corp 1 T 3% 4% 2M2 Handling Systems.l 43 V2 3Mi 46% Electronics H) (F Corp Co & Industries A class 1 10% 12 Mi McLean xl8% 20 Mb McLouth Steel Corp 24 26% Mechanical 22 24 Mb Melpar Inc 13 Mi 14% Merchants 10 M2 Metal 28 5 28 30% Publishing Co 9 Ma 6 Mi 1 16Mb 17 Mi Light & Pwr Co com.* 11 Mi 12 Mi xl0% 17% 11% 5 23 Metromedia pfd_ll 10M2 11% Mexican Inc Metcom Inc High Voltage Engineerng Corp.l Holiday Inns of America 1.50 21 Mi 23 Mi 26 28 M; Michigan Hoover 2 Ma 16 Mi 17% Microdot 40 43% Horizon Land lc 12% 13% Mid-America Houston Corp 1 13% 14 Mi Midland Capital Houston Natural Corp 5 Midwest Tech 1 36 4% 38 Ma Material 1 43% 46% Miehle-Goss-Dexter 28 30% Milgo 28Ma 30% 10 Ma 11 Ma 1 * 1 1 7% 7% Gas 19 21 Houston Oil 16% 18% Howard Johnson 41 45% Hudson Pulp & Paper Corp A_1 2nd preferred 24.50 Hugoton Gas Trust Units 5% 14 6 15% Field —— 5 Mi preferred 13.50 Gas Utilities Co..2.50 Midwestern 48. Pipe Line Inc 14% 19 V2 21 Ma 1 1 Corp Develop Electronics r 19 13 * Co Instruments Miller Mfg Co.— Miner Industries ,5: 7% * Inc 9M2 10% 4 3 Mi 1 3 Mi Inc 7% 37 V2 40% Corp 1 11 12% ___1 Inc 6% lc 4V2 " see page 11 5 50c Hydrides Inc 5 Mb 5% 4 15% 26 46% 4% 4% 14 4 $1 10% 1 21 A 38 Ma Fast Motor Lines—1 4% class 27% 3 2 1 Inc Maxson 11% 25 35% 9M2 3% Company Matheson 43% Co Mb 16 8% * Hidden Splendor Min 6% 10 44 Mi 18% Jl Inc 22% 9 Mb 14% 41 Ma- 2 IV2 McGraw 9 2% 12% 24% 10% 17 Mi 5Mi _* 5Ma' "6 5 2Mb 11% 1 Meredith Hermetite ■" 4% Paint class A—_1 6% " 36% 34 Maryland Shipbldg & Drydk_50c 17 Mi 90% 86 ' 1 Co — Mary Carter 4 1 34% Industries Marshall 9 10 M2 111 lc 5 11 9% 32 * 6 A—25 Henry's Drive-in Inc Co—8 Electric 5 Pak 14 Mb 17% 51% & McClennan Inc. Mattel Publications Portion 16% 25% 1 Co F) & Inc 3.50 C) Henderson's 106 Winkle- Telephone Co Heath 9M2 .1 Corp Instruments Inc Hawaiian 8% 1 Company Munning Harvey-Wells Hathaway 19 1 Harman Mining Hanover * 4% 14% 23% 12% 16 48 Ma Corp * Magnetics Inc * 1 Major League Bowl & Recrea__l Marine Capital Corp 1 Marlin Rockwell Corp —1 * Corp 12% 13% 1 Magnefax Cosco Mfg (E MacDonald 11 Mi . Mangment class A_10c Hamilton 90 2 Co.. Corp Hamilton Inc 50% 19Ms 4M2 _l r 39% Inc—— Stores Ludlow 35% 12% Capital Corp—1 Lucky 177 -T7Mt x 1 10 Ma 36%, 4% 33M3C 1 Co Corp Steel 9 Mi 1 lMi ;—* Lynch Communication Sys Inc-1 Lytton Financial Corp --1 14% 165 Pipe Drug Stores Inc Lowe's Companies Inc 18 13% • 19% 5 1 * 1 Inc Loblaw 5% 5 1 Inc 18 47 86Mi 11 Mi 12 Mi -1 Forms Lipe-Rollway Corp. A—— Lithonia Lighting Inc 5 (A .3% 20c 12 Mt | 32 3 1 Inc 10% . -.5% 1 13% 24 ii 9V2 Leaseway Transportation Corpil Leeds & Northrup Co—_—50c 16 9% ' 9 " 10 Co Supermarkets Inc___i0c ___: *9 International Corp.l Blower Lence. Lanes A 4 Cement Co 17 Co 6 M2 2.50 __l— Steel Lease Plan ,11% . Inc 15 M2 class - —2 Portland Corp—* (P H) 24% 27 Mi ~; 12% 1 —1 Shale Products Products 18% 16% 22 Mi 25 • 11% preferred conv 16 M2 .10% 1 ' 6.25 1 Corp II 2 Inc—... Ontario 5% 42 Mt 14 M2 - 50% 42 Ma 5% 3 J Co _lc Corp 40% 24 20c Mfg • .I5 Grier 10 A 10 Laboratory Inc 1 Economy Bookbinding Corp.lOc Ecuadorian Corp Ltd 5 35% Economics 3 Lake J 32 Corp of Am $1 pfd_2 Economics . 5% 10% 29 ' 6 42 1 Milner 49 9% Corp Hamilton 3% 26 Mi * Drive-In —;_* Ceramic...1 & 5% 26 Mb ,15 250 i* Corp Battery Hagan Chemicals Hajoca Corp 20 Mb 1 Dumas 30 i 5 Mi Dynamics Corp Duffy-Mott Company 22 Ma 9% 46 A 5 ,39% 70c Film & Gyrodyne Co of America 27 Mi 1 Corporation Dynacolor 17 25c Drexel Ma 24% 16 Co_2.50 Dorsett Electronics Inc l Co""" 2% 10 Atronics Gulf . 3 Detective Co 6 6 Ma 10 Agency class A i 50 Bush Terminal Buildings Co.lOc Business Funds Inc 8 & 3 2 mi 19 Ma l Co Casting Byllesby (H M) 18Mi Crucible 47% 1 Inc 8% 24 ; 1 25% 10 Co Vogt & Kromex 10% 24% —.10 Co Koehrlng Company-Inc Kollmorgen Corn 12% 10% 31% 9% 23- 23 Mi 37 Mi Labs Inc Knox Glass .13 ^ 8 20c Co Gulf 6% 25 (J) Dunham 1 5% $1.25 conv preferred 5 Dixon Chemical Industries Inc_l 1 1 Aniline Guardian 6 Mb Dixon class A Inc Growth 29% 6 1 common 17% Co Intl Inc 12% 25 26 Ma l 16 Ma Morrill— J) 10c 9% Grosset 55 Ma Corp 11 Mi Dynamics Inc lo British-American Const & Mat_5 Brockway Glass Co Inc— 5 Beryllium 50 Inc 11% UMa _ Grinnell Corp Grolier Inc 40% 5 Digitronics 1 _1 ——2 Corp Greenfield 17 Ma 38 Inc • Co 16 5 Dun & Bradstreet Inc common Mfg • Refining Corp Industries Green Mount Power Corp 14% Co„2.50 — 10c preferred. Browning Arms Co Brunning (Charles) 16Mb '12% 29% Co. Sharpe 7% 15 - Corp.* Company & 19% 6 Ma Bristol Brown 5 mi 17 1 Products Inc $1.20 1 Salt Corp 13% i 5 29 10 Company (C F) Knape 3 1Mb Service Green 10% 11% r" 4 Ma • Capital Corp Herald-Traveler 5 • • Co Boston Brush 3% 15% Boston Diebold 13% Machines 10 13 Mi Finance Company 2.50 • & 5 Ma 35% Diamond Kirk Greater 8% 3% 4% 32% Dial 44 Business 7% 3 15% 23% Power & Light 1 & Bryson Inc 1 Company 25c Beranek 1 12 Ma 28% 4 Mi Co_5 B Globe Rubber Products 18 13 mi Publishing 50c Electric Manufacturings Bogue 1 10c 16% 7 Mb List Bohn A 14 12 Mb Sivalls Blatt class 1 2.5,0 1 21 Ma 19 Ma 10 Oil 9 Ma 24% 464 435 1 Gas 25% 23 Ma 2c Inc Utilities & Glen-Gery Shale Brick Corp_50c Glickman Corp class A 1 7% Corp 8M2 Inc Glatfelter 13% 6M4 Detroit & Canada Tunnel Corp_5 Detroit International Bridge 1 3 Mi Inc Black 11% Machines—10c 10c 4 1 Corp Lay Glasspar Co 8 3/8 S S 1 1 Inc 7% Systems.- .8% 21 A Ma 1 23% * Nat 7% 5% I 1 common Geophysics Corp of America_60c Giddings & Lewis Mach Tool—2 9 1 Electronics Dictaphone Billups Billups Specialties—5 Co Business 21 Ma 1 _50c _ (L (NY) Prod." 8% | , ()', Keyes Fibre Co— .1 Keystone Custodian Funds A—• Keystone Portland Cement Co_3 King Kullen Grocery class A—1 Kings Department Stores.. .1 Kingsport Press Inc I —1.25 Kingwood Oil Co 1 4% 7Mi 19 V Refining Co Kewanee 14 7 Mi 5 General Waterworks Corp 66% 1 5 Beneficial Corp Berkshire 62 ,i Machine A—5 16% 5% Co Kennametal 12% 12% 59 Ma cl A—10c * 13 Mb 4% 9 M4 12% 54 3 Class - ny2 21 Mi Glasrock 8 Mi Corp Delhi-Taylor Oil Corp Inc Danley Corp preferred General 22 Mi 57 Inc 15% Manufacturing Co Belco Airmotive -7 Mi Corp Counselors Behlen Dallas Steel Ketchnm 17% :" 6 Mi Kearney & Trecker Corp..; 11 8 8% 15% "('!•/. I-./): v. General 22 Ma 2 Ma Custom Components Photo General Foam 12% * Corp 20% 11 Mi 10 1 General 15 Ma 1 Mach — Co General 12 Mi 26% 5 & • General 10 8% 24 Mi B Grant General 9 Mb * Gear Bros General 307/b 1% Industries 3v Kentucky 32 Ma 7 Mi 19 Mt Kellwood 26 Mi 30 .. 1 Inc Kansas-Nebraska .5% , 16Mi 1 Gem International ' 1 1 G-L Electronics Inc 14% Basic Crouse-Hinds 8 1 8 . , 23 Ma 11 Garlock 6% • 5% , '5% 33M3C Laguna Niguel Corp Units— 19% 7.Mi Corp _1 3 -7% 5 Ma 15 Labs Sportswear $1.46 9 Mi 11 Ma Futterman 39% 8 Co Bennett Stores Inc _5c Properties Inc....lc Fulton MI 17% Steel Frouge 13 Mb 37 Mi Broadcstf.l & Crown-Bremson 1 Distilling Co 1 Properties class A Bates Mfg —10 1 Bay less (A J) Markets Inc. •11% <10%. 50c Co Inc 23 6 pfd Crompton & Knowles Corp Cross Company 4% 1 . Utilities Public 'Frontier 4 Ma 1 Pharm & 21 Ma .—1 23 . 8% Co :9Ma • 6 Ma 1 Inc Kaiser 27% M * Kalvar Corp Kaman Aircraft Corp A Kane-Miller Corp 16 M» 25M2 Co class A—1 Paper Franklin 8% 1 Inc Chemical Co_ .—5 —1 . Ma 7 Ml 3 14Ma 1 Co Fair Frito 50c Co Prop Chem— .50c & Electric .1 i Transportation—1 Cook Cook 21 5 10 Vndng_10c 2.50 Inc Fox-Stanley <21% Consultants Bureau Ent cl A 22% Governor Foundation Company 4%. 8 Mi 1 Corp City USA Co_6.25 18 Mi 1 Corp Barden Rendering 85 2.50 Co__ Inc Bangor 5% /b 47% 14 1 Inc Gas & 2o 22% 44 1 Inc Products Consolidated Consumer 21M4 Foods Class 12% Continental 4Mb 40c 11% Continental V4 20 Ma 10c Inc Automatic Retailers of Amer_50c Inc_2.50 7% 20% 2o Freightwy 2d % ' 6% B Atmos-Pak 15% Light Co 5 Corp common__10c Gas Credit Atlas V. 9% 8 * Inc Astrodata I* 11% 10% 14 10 • Associated 13% 1 Western Financial Foster 6% Consolidated Assembly 26 M2 Foote 30% 5 11 24% (NJ) Corp Foote & Davis Inc 8Mb 28% Business Systm_10c 10 1 Surety Food 3X% 62% Oil 1 Business Small Service 56 Ma 8 Mi ..10c .. -8% . 52 10c Corp 17% 18% 7 Mt . & Lamson Machine Co_20 /. 11 Co 27% 42% 171/4 ' * Co 22 Ma 16 __1 1 25% 249 26 Ms 1 Research Julyn 8Mb 10 Floyd 9 Ma 28% 18% 17% 12 8Mb Florida Telephone Corp cl A—10 Florida Water & Utilities. 1 7 Mi 59 Mi Gas Stores & 16 M2 11 Ms Florida 2? M* 6% 1 * Florida 6M8 21 1 Corp Investors Mortgage 88% 84 50c Co. Company Mfg Corp. Steel Jones Julie 12 40 ;_1 — (Andrew) Jostens 14% Republic Corp of Am cl A_1 10 Corp (Florida Capital Corp ,\i 24% 5% 25c Clearing House Commonwealth 22% 13 _5 / Inc_50c Supply Electronics Johnson 13% 14 Vi 23 Corp jessop 9 Mb 3% 1 Fitchburg 18% 42°/i preferred Jergens 81 2% , Plastics Jervis 4% 8Mt E Jerrold 46% 77 Mi ♦ J Cie et Corp.. Jarrell-Ash 6M4 ; 4 Ms v Water Jamesbury ,27% 5% 43 12 Ma 13 Mb ll : 20 ; (Chas) 13% • 24% 233 Co.... Corporation Kendall 2% com_3 25 v 27M2 - 10c Corp Ltd___ Sales Fisher 22 Co—5 — & • 1 j.5c 12.50 — Fisher 7% 1 Dept Hart Arvida $1.25 Co 20 12Mi Investors Corp el A First 14% v Service 5 '/a 58'/a 22 Mi Utilities..—__15 (Richard) Inc. — _* Jacquin -6% ' Flight Co First 21 Ma vi Mfg 6 Boston First 25% Hegeman Elec-10 Inc 1 Arkansas Western Arrow Wire Colonial Stores Inc_ • Power Missouri Insulated Co—5 common preferred Participating Arkansas Collyer % 10c Inc Coleman Financial West First % . 2c First 24 Mb Public v 43/4 54Ma Southern Itek 45% 42 Mi First 5% 1 10 class Inc First 22 M4 20 Mi 10c Corp Coastal Anderson 1 Co Iowa 29% 27Mi . 1 Icwa 7% 1 Filmohn 27% Products 6% First 28 Mi 25 Ma (Florida) 9 Ma 10 Ms Co 26 Mi 1 •6% .1 Ionics Inc Irwin -6% A.l Serves 5 Mi 53/., 6 5 Co Diversified "8% : 43/4 1 Co.. '3% 71/2 . Freight Syst.l Vending Investors 10% A_ Fireco 16%e 9% 50c Securities 8% - Fragrance ■ 31/3 * Motor Interstate 6% 10 > 7%- & Inc.. Engineering Corp 13% 9% Industries 8% 25 Mb 22 ■>. 1 Interstate 4 • 12% - * Federal Natl Mortgage Assn.100 Fiat Metal Mfg Co 10c Mi 16%c A * Inc.—1 Bearing Farrington 136 B r 5M2 73/4 Industry..—25c Systems Flavors 29% 27 Mi l Interstate 31M2 3 : 10c Faradyne Electronics— Parrel-Birmingham Co 199 130 Galvan Lanes Faff 58 Ma 193 100 Utilities Class 53 1 com—1.25 Preferred Citizens 5 29.Mi : 10c Corp__ Interstate 18% 12 Mi Famous Artists School—* 28% 4% I Inc for Jamaica Fafnir 3 26Ma 1 Chicago Musical Instruments 26 Mi Univend Anchor 1 Chattanooga Gas Co 1.50 Sterilizer Corp the Ritz of 25 3Vh :— American Svc Pub com_7.50 Corp preferred 5% Ma 10c Pipe & Construction_5 Heritage Int'l Amer Charles Publish—25c American American Vermont 17M2 10% 10c 24% 25 International Recreatn Corp_50c Textbook Co • Interstate Bakeries Corp 1 16% ;*._* / 22 Mt ■ International 22Mi 1 Inc -Fair : 53 M* 16% 50c & M2 _* J Intl 19% 68 Ma '20% Inc__2.50 34% Instrument Systems Corp 25c International Bank of Wash 1 International Cablevision "A" 10c 27% • 31 Ma 27Ma Infrared Ma 25 Mb : 4 Mi 10% Co_____IIlQ 6% 9 25M2 L__2.50 Executone 20 Mi 28 Ma 32 14 20 8 Mi 9% - 1 com. 9 Ma * 8 .1 : Electronics Information 18 Co Forms Timer Information 63 _____: Ets-Hokin 3% 33 Mi Oil Corp Industrial 46 Va 27 3% 50c preferred. 17% 8 Mi __1 Inc Indianapolis Water 26% * A Indiana Gas & Water Co 7Mb ; 57/3 _• __ $1.25 50c Inc Mills Ask Mi 73/a - a wide 24% 10 • I6M4 —__7% _— Inc__ Estey 28% 5 Co American / 3 Mi 27 Co_ Head 43 Inc_Z_l Packaging 24 Ma 20 have a Bid 1 Chemicals Properties Indian Co 48 , 6 . 1 Erie Resistor 2% 9 45 1 £1 Equity Oil Company 5% 10 Electric Co Power American (V M ctfs Trust Gas State 8% 50c Corp, Epsco Inc 14% 2 Coal 8Mt 1 Inc__ Water Business Entron 9 Ma 13 Ma Central Illinois Electric & Gas_4 Corp Foods Alterman Industries Ceco Ennis 10 Mi 5 1 50c 10c Empire Endevco 12 Mi 9 Horn Hygrade Income 7 Ma Inc____10c Corp Empire Devices Inc Empire Financial Corp 7% 11 Mi 1 Co & Elk 8% \ Card Capital Co__ Optical Instruments Emhart Mfg Co 9% 7 Mi 7 1 50c Line (L Chemicals 27 28 Mi Corp — Pipe 8% 1 50c Corp__ Capital Elizabethtown 76% Industries Products Capital Associates Int'l 8% 9 Mb . ; 7% 1 , /Elizabethtown Cons Gas 197/s 72 Ma 7 CM/2 .50c Capitol Elgeet Elion 13% * Capehart Corp For Tech 12% —.*...-25 — common 7% 7 mi 12% 10% 1 common.... 7%. 6% Pepsi-Cola ———50c 100 Corp—3.75 Radio Corp 1 Organ Co Maintenance Allen 11 Ma 1 Superior Ltd B Electronic Electronics 7M4 2 Accounting Electronics Hydrocarbon 1 Inc Corp Electronic 22 110 loc Electrolux 28 Ma 20% > 10c Ltd Electro-Voice Hugoton Production Huyck Corporation 8 1 Corp " 23 *': 26 Mi <• 50c Oil 67/b loe Allegheny a: Inc Delhi Cannon Mills Capital Credit Telep 7 1 Develop Land Alico All-State Gas Inc Class 13% Corp 21 12 Ma & >13Mb 93/4 9 A_50c •____ Investors. Par 29% 8% _l is composed of securities which i*;-—.7®, have comprises securities which list Ask 27M2 25c ; . Instruments Electro-Tec 11% 7% , Corp Electro-Science 24% 5 .. ' Aileen Inc 3 UMa 10 Ma 6 Ml : 6 4% •22 Ma 4</4 Corp 5 Mi 4 5 Tel * Airpax I) U 1 12 Ma Aerovox 4-' Electro 23% 10c c. California 14% 1 for Friday, May 1 8) list region. Bid (Texas)—* Electro Consolidated class Ask 21 _1 Industries Caldor Ma" 32 M Cadre 6 ms 5% 29 Mi ; i23/4 F Bid 16%c Co. Corp Electrada -- Abbey Electric Paso Elco Industrials and Utilities "National" \iVVA ... ^ 4 , -7 Ma 5 Mi Volume 195 Number , 6161 ' , . . The Commercial and Financial Chronicle . *" V . • ' ' ' ' ' 5 ' ' • i, . ' - , I '' '' (2419) / ' , , i ^ i .. v f ' • • • , , National and Eastern List of Over-The-Counter Securities Par Par Co 36% 39% 10c 1 Glass Ask 1 Systems Mississippi Bid 10% ii % Revere 27% Rexach 25 10 Mississippi -'V Renaire . Foods Inc. Racing Assn 11% 12% Richardson 24 26 Riley Missouri 23 Utilities Co.. —1—1 •;—. 1 Mobilife Corp Modern Homes Construction..* 1 7y8 ;y-_ Robbins & Company——1 Monmouth Park Jockey Club.lc Monroe Auto Equipment..——1: Moog Servocontrols 1 Moore 33% 10% 32% * Company 17 y2 • Forging Co.——1 Moore-Handley Inc——1 >; Moore Products Morton Foods -Inc 19 ya. ■12% Morton 19 Mfg Corp ———-—1, Multi-Amp Electronics Corp.lOc Royal 21% 13% 12 %\ • —_-±-5 Rotron 10% •. Togs 3% 3% 50% '•2% Company.'—1.25 Narda Microwave 'Corp^—...10c Narragansett Narrow Capital Fabric 54% St Croix 3y* St Louis I 7y2. Co-—.;—3'- National National Gas 10 y4 Aeronautical y Corp.—1 National Cleaning Contractors.l National Food Products Corp.l National & Oil Homes •7% - 50c —... National Nesbitt Co J".-; ; J) ■■ A Prod Bantam Capital Science Research Scot 14% Scott & Scott & Lad Foods 1/ Inc 1 17 % 20% 35% Scott Foresman Scripto Inc class A_. York Trap Rock— 10c 10c 3% Photocopy North Carolina North Penn & Elec Nat Gas Gas 2.50 Northeastern Water Co $4 pfd_* Ontario Nat Gas .* Natural Northwestern Gas Pub Service Nutone Inc Nytronics Inc ' 29 y4 20% & Lines Security Sexton of Corp Shulton Inc class Class B Orkin Exterminating Ortronix Otter Inc Tail Overnite Oxford Power 15 'A 'f- V Small Business * 30% Sonar Radio 10c 3% Chemical class A—_25c Corp Sorg South Pabst Brewing Co • 14% .^..^.1 y 4% Airmotive Pacific Coast Properties Far East Line Inc pacific Corp ] 1 Corp 5 Panacolor Inc ... Tool & Penobscot Chemical Perini Pickering Lumber Metals 11 »A 12% i. Natural Books 21 Potash Co Potter of Co 3% 9 Corp Co 6% 2 1 Co Petroleum Sve Co of Swank 13% Systron-Donner .12% 9 Public Svc of Purex Corn Puritan 7% R E 3% 4 4% 5% Tastee 6% 7% •' 31% 34% 1 8% 9% 1 41% 45 % 1 A—25c 8 8% 6 6% 10% 11% I 32 .35% Offshore Drilling conv class A Redwing Carriers. class 20c 16% Techno Fund footnotes, Vanity Fair Teleflex Varifab Root Veeder 24% Vitro & Smelt. \ 1 13 14% 1 2234 24% 5 A 7% 9% 17% 19% 4% Corp—1 •a Xtra Yardney 743/4 15% 18% 20% 23% Inc 5% .16% 1 9% Chemicals 53 14% Yellow 12% 11'A 12'A Electric Corp Freight 9, 10 91/4 10 y« 1 6% 7% 5% 6'/a 1 Transit Research Corp Zonolite Company Zurn 25c 1 York 8% Va 15 70 __* Laboratories 73A __50c 31 % • Wyle 111/4 America b% 29 1 Wyandotte 123/4 : 51.4 7% 10 7% 4%, * 4% 25'% Co 4% 49 3% 14% 24 Corp Corp 7% 1 9% 13 • Co 4% 12% 8 8% 10 Wear Wrather ■ 21% A Work Wurlltzer 8'A of class Enterprises Inc Conversion 66 % Pharmaceutical Corp Corp Wometco Wood 24% Corp 18% 5 5% 62 Inc 45% 31% Chemical Wolf 7% 43i% 30% 41% 5 17'A 5 14% 293/4 Corp 22% Inc 30% 13% 28 Electric Company 3 Willcox & Gibbs Sewing Mach.l Win-Chek Industries Inc 10c Witco __ Bank and Trust 6 % 73/8 Llnes.l class A Industries Tenax Tenn Nat Texas Consumer Industries 18% Texize 14% Therm-O-Disc Thomas 20% Thompson & Finance & Inc (H I) St Trust Trust Natl Company Manufacturers & Traders Bank Co (N 59 Maryland Louis__20 Bank of 353/8 Mellon 47% Mercantile 55 59i/2 16 50 , 6% « 3% 12 370 13% 2% 381 Crocker-Anglo Natl Empire Trust Fairfield 391/2 Co Bk (N Y) County Trust 50 Co Trust National 51% (N 56 Newark & New 533A '45 Carolina 52'% 33 41% 36 3A 39% 64% 673/4 46 Eng Merchants Natl Bk.10 North 31% 49% Essex New Jersey Bank & Trust Co.ll 330 59% 56% of 12.50 Banking Co (N J) 10 Natl Shawmut Bk of Boston 12 % Natl State Bk of Newark—6.25 A A 29 *' 7.50 Bank 9% 122 52 (Cleve)—8 J) 68 49% 8% Westchester_5 Community 30% % 119 Detroit_.12% of (Albany) Rutherford 59 305 Co National 183/a 167 55'A (S F)_10 64 25 of National Commercial Bank & 43 160 5 York New 80% 44 „ 51 % 52 ' 56 35% 38 V4 5 37 39% (Chicago) 20 146 Natl Northern Trust Co. Bank 10 50 Federation Ek & Tr Co (NY)_10 Trust Co 10 54% 42 45 Vb 71 % 76'A Peoples Tr Co of Bergen Cnty 46i/2 507/a 57 63% Philadelphia National Bank__10 Pittsburgh National Bank 10 Fidelity-Phila Union (Newark) Trust— Bank Stk Camdfin Y) lo Corp (Minn) Natl Bk (Camden Natl (Hackensack 5 (N & 10 56% & Tradesmen's 25 157 28 V4 52% 553A 36% 33% Bank 491/4 & Trust (Philadelphia) 12 Republic Natl Bank (Dallas) .12 50 54% Riggs Natl Bk of Wash D C..25 (Baltimore) 10 of Boston.12% of Chicago__20 58 63% Rockland 86% 90% 74 783A Royal Bank of Canada 10 65 68'/2 Royal State Bk of New York—5 29% 39% 42'A St 10 71 84 89 % Seattle (Wash)__10 62 38 42 Second Natl Bank 89% 93% Security of of Dallas St 10 Louis.. Bank (N 10 Y)__20 Sav * - Louis 1st Trust Natl 73% 206 67V4 70% 31 34% 70 3/4 74% Bank 5 Union 693A 190 Bk Co of Phila—10 323/8 65% 49 5 J'A 75% 79 V4 333/4 3 6'/8 77 843A 37 40% 37 3A 40% 15 74 79 3A (N Y)„10 40 44 First Natl Bank (Los 29'A 31% Angeles) 12% Security Natl Long Island N Y.5 State Bank of Albany ..10 29'A 313/4 State 45 48 State Street B National Bank & T (Conn) .10 (Boston) .10 Sterling Natl Bank & Trust Co Exch Bk National (Suffern N Y) Banking (Philadelphia)_10 Trust Corn Harris Tr & 5 45 First Westchester Natl Bank of New Rochelle 5 Franklin Natl Bk of L I N Y..5 Girard J) 10 Cnty.25 Trust Co 59 3/ij Trust J) (Atlanta) Natl Bank Bk Provident N 6% N Bank Pennsylvania 7% of 65% Natl City 38 % 3% City Bank 17% First 701/2 Bank National 61 First 17% 35 National 813A 48 Natl 15 % Bank Connecticut Bank & Tr Co_12% First 6% National 77 Natl Bank (Jersey City)_10 Natl Bk of Passaic 5% 53% 533A 28aA Trust—10 Louis)—12.50 Monmouth Cnty Natl Bk (NJ)_1 Morgan Guaranty Trust Co 81'A Connecticut Natl Bank 5 Continental 111 Bank & Trust York) 5 30% 50% 75 (St 86'A of North Amer.5 Trust Co (N J) 10 Co (Chicago)— 33% County Trust Co (White Plains Bank & 363A 28'A Bank—10 Natl Bank Tr 77% 10 8% 65 49% Natl 82 % Commercial Bk New Brook 32% 44'A 5'A 7% Meadow 833A 5 National 5 18% 4% 78 (Buffalo) 5 Cleve Co 397 42 33 5 - 551/2 Trust Ask 38 Manufacturers Hanover B & T.15 J) (Savannah) Commercial 10 10 Y) Bid & 383/4 (Phila) Co Trust Bank (Philadelphia) 35 Centl-Penn Natl Bk of Pliila__10 Cleveland Co 10 Chase Manhattan Bk (NY).12% Chemical Bank N Y Trust Co_12 Citizens & Southern National Bk__10 66 (Chic)__20 95 (New York) 69% Trade Bank & Tr 51 % 55% Trust Co 23 % 25% Union 8 19% 22 Union Trust Co. Providence R I... lo Industrial Valley Bank & Trust 50% 54% Hartford Natl Bank & Tr Co.10 Hudson County National Bk__10 Hudson Tr Co (Union City) Industrial National Bank of Co (Phila) 5 Irving Trust Co (N Y) ...10 Kings County Trust (Bklyn)__l0 102 Co of New Jersey 2% Commerce Bk (Cleve) .10 of Maryland. 10 101/4 41% 70 75% United States Tr Co (Boston).10 45 United States Trust (N Y)—20 136 Valley Natl Bk (Phoenix Ariz) .5 28% 30% 43 45% 56 61% Wachovia Bank Trust & Winston-Salem N 11 'A 38 56'% 50% 144 60% Co 5 C) 37 39% 64% 68 3 4% 13 y8 13'A 14% 9% National Stock Exchange 11 25c 5% 6'A 7'A 8% 1 11% 12% 6% Range for 7% l 12% 16% 10% 17% 11% 3% 4% Camp Chemical 9% Golconda Mines Leasing 8% 13"% - Sale Price Par Ansonia Wire 8% 9% 22% 25% l 28% 30% Nashville 18 19% T Missile V & Lead Credit Sites Week -■ -. 1 Fiber Glass^.* for Last Co. ..80c . Sales Friday STOCKS 1 1 Wells Fargo Amer Trust Co—10 4% 11% 1 Inc Betts Long Island Trust Co 60% Trust 378 First 7% Inc.. Chemicals 541% 55 Par Liberty Real Estate 4 6% 1 Chem 50 Ask 100 Virginia Camden 21% 10% * Butadiene Broad Central First 40c Texas of York Bankers Trust Co (N Boatmen's Natl Bk St First 9% Tenney Corp class A Tex-Star Oil & Gas Corp Bank 7% 25c Inc Bank of New Bank l Lines 54% (Newark).25 Bank of Commerce (N Y) 10 Bank 17 / 51% Commerce Natl 10c Gas of Natl Bank 24 % 5 6% Francisco) First Natl 22 % Inc Bank Bid America N T & S A First 67c Inc (San 16% _3 of First 3 Companies Par Bank 9% 21 — 10% 48. Whiting 281/4 Wilcox ■; 23% 33 1 Winston-Muss Corp Wisconsin Power & Lt Co 5 16% 21 30% 12.50 18% 39'% 15% t 7.50 Works 17% « Products Company 48% Co 24% 22% Temperature Engin Corp 9 see page 29% ; 22% 5 Gas 45 ..10c Mfg Pub & Machine 38% 36 5 Co Inc Vector Power Whitin 27% 19* 81 % 1 Company. -50c & 22'A 32% Ltd 13 18% 17%,. • Weyerhaeuser Company 22% 41-/a 76% Kentucky Gas Co 5 Light St Telephone—5 Western Mass Companies 50c Western Natural Gas Co 20 % Mills Co 3 42% 20% • Manufacturing Co_5 Western 183A Co 19 Telephones Inc 1 Television Shares Mangment—lc Telex Inc 1 1 _1 50c Co 29 38%' 5 Transmission r7% / 39% Western 1 First 15% Technical Animations cl B__10c Technical Measurement Corp 20c 1.25 A Inr Power 6% 27 10 Co 2 Corp. Food 41/4 26% Taylor Devices Taylor Fibre Company Taylor Instrument Co Texas ... 1 For 9% 25c class Industries 8% 32 8% 1 Corp.. Bates 8 29% 1 Inc Camp Sea 6% 30% Telecomputing Corp Dynamics Company 9 5 27% 1 20% ..10c 24% A__50c Tele-Tronics Co Inc Reheis 8% 8% 4 class 12 40c Iron First 19 25c Industries 30% Corp Vain & First 5 Co Freez 11 Radiation Remco 7% .« 16% 25% Telephone Co Gas Westcoast 14% 15% A 2 Corp 21% 7 1 1 Sugar Vamco 8% 1 Indus UVb Ltd— & Electronics Tampax Inc 24% Radiation Reading Tamar Tappan Co Tasty Baking ; Inc Carolina No Importers M Industries 28% Fashions Corp Products Inc D 8% Talley • ■"■•9 % J 3'A A_1 Corp 36% 6% Valley Mould Fidelity 1 221% Purolator Quality 18"% cl 33% 14% Fiduciary Trust Co * Corp 112% Company Inc Pueblo Supermarkets Inc Alegre 17 8 ,18% Vacuum Electronics 191/2 10% 5 Publishers Punta ' 5 Hamp & 22 % 1 Inc Mex N*iw New Mining Co Industries Corp 47'A 20% 5 Susquehanna Corp 1 of Co Utilities & 3 Super Market Distributors Inc.l 10c Svc Const 5% 1 16 21% 1 Utah 22'A * Greene Corp 1 Superior Electric Co 1 Superior Industries Corp 10c Superior Mfg & Instrument_50c •18% 'f: 3 10c 191/4 1 1 Elec.J^ Inc 11 50c Public Homes 10c Co Inc 18% Stubnitz 34% y 19% Professional Golf Public Strategic Materials Corp Strawbridge & Clothier 27 % Producing Properties Inc Utilities Buildings 43 5 77% 25c Corp Pubco Hall 25% • Inc 32 % Corp A_1 Corp 10c Crest 5 Cq— Ultrasonics Corp 16% 25 % 1 Steel 7% America 15'A 30 9% ■ 13% 581/2" 23 -14% 1 Electric 12% l Co Stein 15% 4% 53 lo 8% '3.3% 72% „ 50c 10c ' 17-.;. 5 ' 20 Co Works Market 35% 33% 3% A..2 Co 81% , 31V4 lc Inc 7% 6% 32% 25 1 Loan & Finance Statler Hotels Del 18 r'll% 1 ——— Webster Prod 33% 14% „3.75 33 • State 6% 7% ? 'I' < Star 14%; 31% 50c Stanley 6% 13% ;; 77 10 7- 10% 5% 'I- 7% 3% Inc Premier Corp of America.. Premier Microwave Progress 23 17% 6% com_2.50 Register Instrument Powertrori Preferred Standard Motor SS Screw Inc Genl & Standard Polychrome Corp popell (L F) Co Portland" 7% Fruit 31% 15 2% Stanley Home Products Playskool Mfg .....i Plymouth Cordage Co Plymounth Rubber Co Pocket Standard 21'A 12% 29% A__1 Co Standard Gas PneumoDynamics .. 12% 6% Electric cl Staley (A E) Mfg Co Standard & Poor's Corp Standard Beryllium 14% 29 % - 19% 111/2 2 4% Stevens Chem Pioneer Sprague 12% 13% Inc 36 %, Corp Gas 9-% Freight System 1 Natl Pierce 8% Special 1 52% Producing Co..1 Gas Southwestern Electric Svc Co..1 Southwestern Investment Co 2.50 Southwestern States Tele 1 Spector Philadelphia Sub Water Co_3.75 Piedmont 49'% 30% 16'A 28% t 27% 35% 26 Corp 7% 30% 15 34 Photon Inc 28'A 33% 9% , 25 5c Co 4% Co__l 8% 27 27 28'A 1 Gas Inc.l Fibre 19% ■'< • 7% England Tele__25 Nitrogen Co 10c 10% Pe£>si-Cola Bottling Co Wash.lOc Pepsi-Cola Gen Bottlers Inc___1 ' Pepsi-Cola United Bottlers 1 18% 17 24 New 9y2 * 61/2 19% Union 26% 15% 7 Southern Southwest 721/2 27% Southern 8'A ••'7% 12 18 14'% 35% 19 "a 6% 29% • Co Utilities Water Co.* Industries Pennsylvania Gas 27'A 7 3% 1 ...— - 5 Water Water 8% Paterson Parchmnt Paper Co.10 Patterson (M F) Dental Supply* Pauley Petroleum Inc 1 Pearson Corp 25c Pendleton Southern & 11% 23%\ .1 ... Corp Gas 1 _ Inc Parker-Hannifin California 1 Papercraft Corp pargas Bakeries Gulf 13% 35% 17% 1 10117 % 16% Capital Corp 1 Telephone Co__10 Southern 32% 20c Inc United Uris 43 5% Engineering class A..1 Develop—lOc Southern 25%.;; (, ♦ — Panoramic Electron/cs Pantasote Co <' Shore Oil & 5% 7% V & .Light Co—6% Vegetable Oil Corp 5 Co.... Western Vitramon Inc 14 13% Power Instrument 9% 8% , States Vitamin 66 10% pac Mercury Electronics cl A_50c Packard Western Virginia Chemicals 21% 33% 6% 10% 22 6% 5 9 •'% 12 Gamble Robinson Co.__5 Pacific Intermountain Express_2 Pacific 6% 9% States 43 20 lOc Southern 15% ;8'/8 Pacific Pacific Leasing Corp..__l Realty Invest * States 19 1 Investment Southern Pacific 15% 39 2 Southeastern 12 Point 22 Victor 3.75 ... Southeastern 7% Penn West 13% Vernitron * Paper Soroban A West 10 18% 24% 17% 10% 3% 36% Simplicity Mfg Co class A____.r*" " 17 Vtt 29% 43 Ohio 24% 11% 1 10 Co 17% * 5 West 2% 7% Transportation Co_50c 35% 20 23% ^.1-^16 %K CQ, —.—.5 Co.. A 9% Coast 22% 34 39 13% 1 Co class A—10c Financial West 10 10'% Instruments — Simplex Wire & Cable Skil Co A. 13% 25% 12 % A Gas Amer Wesco United States Envelop com 21'% 50c 21 Corp Onyx Chemical Corp.. 12 V2 50c lc Coal 4% 1 1 cl 1 of Wellington Mgnt 7% Upper Penninsular Power Go__9 • Tube 22 10 19% 23 Scientific Welded 41% 18 • 28% 33% 38 'A 21 10 E.) 27 8% 14 % Co Sons Natural 20% 2.50 211% Steel Corp (Del Welch y 26% 24% 14 % 19% 13% 1 Weissberg (H R) Corp class 12 • A lc Ben 125 22'% Shepard Niles Crane & Hoist—5 Okla Miss River Prod Line Old Lt & Webb 10% • Oil Recovery Corp. Oklahoma Cement C0--—_ * El 7% 15% 56% V 5% 12% Wayne-George Corp * 5% & •' 2 A. Watson Bros Transport A 13% 14% ..^...lc •' Pwr _2.50" .....^ 10% 52 *- Washington Washington 5 12% _50c (H) 26% 9% Nuclear Corp... .....l United Printers & Publish 1 Unfted Servomation Corp.. 1 Unu«t Star Companies.. 1 , Sigma Co 4 1 America (John) & Co Shawmut Association 33% 7% Exploration——1 Service 117 Banknote_2 Service 34% Water 5% 25% 4 Inc 10 Ohio & ... .25% 3% 24% * 9 5 23 2 Co 18 Drill 8ya 10c Siegel (Henry I) Co Inc Sierra Capital Co Sierra Pacific Power-Co Ocean 5% 10 Columbian Seismograph Sealas Corp 22% 6»A 1 — 1 Inc.. Vance Sanders Seatrain - 3iy2' : 16% 15 1 — Corp Corp (G D) 18 31% • Power 91% 86 Co_3 Nuclear Chicago Gorp^Li.—:—1 4 13 :16% 9% y - 1 23% 20% * Brothers Warshow i 371/4 18% .2 cl Corp Swasey Co. Warren 5 22'A 4% 1 Searle 3% 11% Northern Northwest 15'A 20 V2 50c 7% . 2%- Company____5 14% * Co Seaboard Electronic Sealed 6% Nord 52% lr'.i' 1 Corp 15% 56.: ' : 23 1 Pak & 25 % -14 •j Nicholson File Company (A C)— Nixon-Baldwin Chemicals Nielsen Sea 9V8 Corp __5 Servateria Corp.l United States Sugar Corp 1 United States Truck Lines 1 25% 33 Inc United 19 '/s 23% 37% New i Co.... United 5% 18 V2 16 8% 7% Ask 5 I6%c Products (Jim) Warner & Warner Brothers 22% 4'A Corp Gas Gas United 25% .5 35 1 4% 23 Co 14% Inc 6% 20% -10c Preferred 12 & Sons class A.100 Williams Inc 5 Fetzer Hampshire Airways 3% Walter 2 . -8% 4'A 11 (O M) :';j Jersey York 7% 10c : ■ 14% 15% 18% 17 V4 10c Assocs New New 13 % 14% * Walnut Grove 23% 28% United 38 * ... Corp New Co—5 6% , 37 5 Aviation Bearings-2 5% 35'A 15% 21% Artists Theatre Circuit.l United Illuminating Co • United Investors of Del A 1 :. ,7'/2 34 y2 10c Inc J) . . 13% 3 31% Bid 34 Investments Inc -1 United -29% 6% 1 Co (Walter Scott Gas Tucson Uarco 5 Engineering 20%; : Labs Products Tropical . V 6% 26% .A Corp__l y';. Machines. 34% Ball 20% Wallace class Waibaum Inc 12'A —5 Co Par 50c Inc A..1 1 Reed 72'/2 —1 Inc & 10% Transcontinent TV class B__ -2.50 Transistor Specialties.... -10c Trico Waddell - Wabash Magnetics ?._1 Engineering. Inv Trans-Sonics Treesdale .,.27% 10c /?;n5% 1 321/2 Natural ^ 6% 25 % i; .1 12% New England Gasf & Elec Assn_8 /. ——1 Petroleum Science i . A Electronics 44 ' ' 11% Candies—i*. Tubular Schield 4%' 13 40 1 5'A 9% 18 % —1 ... class Business Schneider 14%- • 18% —————2 Ino—....5UC Coi---li-.4—:! 1 ? Trans-Coast 14% 40% 68 Transcontntl Gas Pipe Line. -50c Transcont Investing A. —1 . 10% 12 37/8 , , 43% 9% 67% :A Corp Paper Co Capital Scott Power . ' M 5c • 40 64% Schaevitz 16% 13% , —-—...10c (J-shn Nevada - 11 Rolling -Mills—_——.l Natpac lnc Neiman-Marcus Savin A Towmotor Corp Trans-Air System Inc 44% -16% ';■? 29 Vb : 32% Scantlin 8%' 8% 15 4% & -1 -.10 Packing Co Corp.. Tool Research 291/2 Inc: Inc Jacinto Sawhill 23% 7% ;i National Patent Development.!© National Periodical —1—1 67% y.-: — Tip-Top Products class 33 % florins Pete . 27, . 1 Associates class A Savannah Elec & Power Co 23% y Tokeim 3% 2%- Sanders ..;i8% 17 21% A.—50c Corp Class. B 21% - San 17 y4 5 Corp Tobin 55 Inc ; 8%: 11% 7/ 15% 22 % 41 14% _v.8%cI Stover Safticraft Nalco Chemical Co Mfg Co Russell. . 41% 61 __30c Royal Industries Inc 20% , M'fg Dutch Russ Clothes Ask 13% 37% ... Rudd-Melikian h 14 Timely 50 V2 1 Inc (Wm H) Inc.Marie Reid Rose 19% 9% Co—..———1 Morningstar-Paisley Inc..--—-1 Rorer 13% • 29% Bid .2 Inc 20% 1 (H H) & Co— Brothers Rockwell y 35% • 12% Drop '-iiy2; • TIME 38 * Rockower 37'A- 27 25c Inc 11% " Roberts 8 / Myers Thriftway Foods Inc.. Thrifty Drug Stores Co ... —3 Robertson Mohawk Rubber 10 y8 Mills Inc__3y2 Roadway Express Inc 5 8% 12 y2 Corp Rice 4% 8y8 1 Company Stoker River Brand 7% 4'A 50c — 25 ya C: 6% Co 3V2 * , . (Quotations for Friday, May 18) Ask 1 Inc Construction Valley Barge Line.l Mississippi Valley Gas Co 5 Mite Corp Bid Par Minneapolis Gas Co Missile 47 1 May 18 Sales Range for Week of Prices Low Cable 8hares Range Since Jan. 1 Low High High 3.40 Mar II 3.10 1.00 1.10 800 —25c 2.00 1.80 2.10 1,200 10c 1.00 1.00 1,000 25c 1.90 2.40 2,800 3.10 700 _ "units". Electronics Corp., 4.20 Mar 3.00 Apr 4.20 Mar 1.60 -10c Inc Development Ending Week's Apr 1.00 Apr 1.70 Mar 1.80 May 3.50 Mar 1.85 Mar May 1.70 Mar 1.60 May 5.20 Mar 95c 48 The Commercial and Financial Chronicle (2420) National and Eastern List of Over-The-Counter Securities Fund Fund inc Affiliated Fund Inc Advisers Business Shares American Growth Fund Ltd—1 American 1 1 Associated Fund Trust • Atomics Physics & Science Fnd 1 Axe-Houghton Fund "A" Inc—1 Axe-Houghton Fund "B" Inc__5 Axe-Houg.hton Stock Fund Inc.l Axe-Science & Elect'nics Corp.lc Axe-Templeton Growth Fund Canada Ltd 1 Blue Ridge Mutual Fund Inc—1 Boston Fund Inc 1 Broad Street Investing 50c Investors Fund Mutual Fund Inc American American Fund— Ltd Canadian Fund Inc S-l 10.17 9.97 5.21 5.69 21.10 23.02 K-2 6.11 9.31 9.13 K-l 4.57 1 1 1 B-4 Stocks)—1 Stock) 1 12.16 13.27 13.67 14.92 (Low Priced Com Stks)__l 4.39 4.80 Ltd_l 14.79 16.00 1 5.85 6.42 S-2 1.70 (Income S-3 (Growth S-4 Com Com Internatl 5.28 Keystone 5.63 Knickerbocker 9.37 Lazard Fund—1 lc 50c Series B (' 3.05 3.33 2.28 2.49 lc 3.57 3.90 2.65 2.90 10.87 14.12 7.76 11.50 12.08 13.21 10.33 9.00 13.86 213/4 7.83 22.04 7.96 16.59 56.25 56.82 11.23 12.27 9.99 10.92 8.85 9.70 1 50c Stock Fund 50c Electronics Investment Corp—1 12.16 13.14 13.32 14.40 5.91 6.46 10 20c a20.74 8.72 9.04 25c 11.60 12.68 Capital Fund 1 Fidelity Fund Inc 5 Fidelity Trend Fund Inc 1 Fiduciary Mutual Inv Co Inc—1 Financial Industrial Fund Inc_l 8.24 8.96 15.34 16.58 12.46 13.54 18.52 20.02 Equity Fund Inc Fund Growth Fidelity Mutual Florida Fund Custodian 4.77 6.18 6.76 1.97 2.15 5.73 6.23 1° lc lc 2.37 2.61 Mutual Fund Franklin 4.36 * Inc Founders Common series stock Preferred stock series- lc Inc 1 1 America of Investor? Fundamental Capital General 1 —1 Corp— General Investors Trust 6.30 6.93 2.53 2.78 7.26 7.98 7.78 8.46 9.42 10.32 al7.99 "7.30 6.72 Group Securities— Aviation-Electronics— 7.43 6.19 12.71 13.92 9.26 10.15 lc 6.92 7.59 lc 11.08 12.14 1 18.98 1 a20.57 Bond shares shares Petroleum Shares Inc Growth Industry Guardian Mutual Fund Inc Hamilton 5.13 10c Income Foundation Fund Inc 10c 1 7.72 9.40 7.28 7.96 lc 11.24 12.30 Fund_lc 10.32 11.29 Growth Investment Trust Stock 6.61 » 1 9.98 11.63 Istel Johnston 15.83 10.91 11.92 5.68 6.21 3.69 4.03 7.11 7.77 National Securities Series— Series————At: Series Stock — Series. (Investment B-2 (Medium B-3 (Low Priced 12.97 1 12.67 13.85 —1 15.04 16.44 1 7.28 Securities Inc Fund Penn 85 Monument Life 10 93 100 _io 140 149 Com wealth Puritan Putnam Putnam 9.85 10.69 11.68 13.90 Franklin Life Globe Govt Gov & Republic Ins Co— Employees Insur Employ Life Ins Great American Great Amer Class Gulf Ins Life Home Insurance Interstate Jefferson Life & Federal 3s Home June Sept. 3%s 17, 16, 4%s Nov. Congress Street Fund Devonshire Street Fund June Jun. 12.69 I 34.02 , Fund Diversification 1 25.15 26.25 Ohio Bonds)_1 22.00 24.00 Second Federal 7.17 18.62 11.82 Maturity— Certificates 3%s Feb. Westminster of 132 139 $6.50 Bid Tel & Tel 4%s 1994 Appalachian Power 4%s 104% 15, May 15, 4s Aug. 15, 3%s Aug. 15, l%s Oct. 1, 33/4S Nov. 15, 3%s Nov. 15, 25/8s 15, Feb. 15, Apr. 1, May 15, 3%s May 15, al0.23 l%s New 4%s Oct. 102 New 101% 102% 102% (Commonwealth of) 5V4S-1977 Northern Indiana Pub Serv— 110 1979 107 4%s_1975 119 Carrier Corp 4%s 1982 Denmark (Kingdom of) 5%s 1977 Duke Power 4%s 1992 El Paso Natural Gas 100 Industries 1, Rate . 5%s__l977 Corp 3%s 1975 Machinery 3%s ; 1981 Fruehauf Trailer 4s 197(5 General Port Cement 5s 1977 Gen'l Tire & Rubber 6s ww_1982 Hilton Hotel 6s ww 96% 5%s 103 Pacific 97 104 1043/a 107 % : 22 2.50 59 ww Power Ins United Security Life Ins S u 65 Fire 36% 39% 77 803/4 S 15 % Variable 793/4 10 44 491/4 •: - Bid one 100 100.4 100 100 100.5 —— 100.1 100.7 for 100 4%s 100.2 43/iis Mueller Natl Brass TranscontGas Register Dairy New Orleans Pub 4%s 43As Serv 1987 __1992' 4%k iqqs 102% 107 % 113 115 101% 64 102% 69 73% 87 Underwood 75 82 101% k— 102y4 lur% 1017/a 1982 1987 - US 122 993/a 993/4 1982 102% 102% 1971 Corp Industries Trans 102% 103 128 133 1970 122 5%s 4V2s 5V2s Telephone 109 94 102% - 3%s Oct. 22, 20, 1963 23/4s May . 1962- Feb. 1, 100.21 4%s Apr. 20, 4s Oct. 20, . 1964 101.11 101.15 4s Oct. 20, 101.16 4s Dec. 20, 101.12 3%s Feb. 21, 1966 101.6 . 1965 101.4 . 1965 100.8 _ . . 1965. 102.4 102.20 3%s May 4'As July 20, 1966— 1966 101.28 102.8 4s May 22, 1967 Mar. 1966- 2. 98.8 99.0 4'As 102.8 103.8 43/8s Mar. 20, 104.24 4%s July 15, . _ _ 1969 103.24 1969 1968 20, . . _ _ 100.16 20, 1970 3%s Apr. 1, 1970 5%s July 20, 1970 1 108.24 4%s 102.8 103.8 3%s 101.8 102.8 4%s Feb. 15, 1972-1967 104.12 104.28 3%s Sep. 15, Feb. 20, . 1972 4%s _. | 104.8 107.24 1972 5%s Feb. 101.16 103.8 1973 101.16 100.16 1971 Oct. | . 100.3 100.1 100.3 100.12 1970-1967 1, 1971 . 100.6 100.15 102.6 101.20 101.4 101.4 99.16 98.12 - 101.20 101.20 100 98.28 102 102.16 100.28 101.4 101.24 102.24 102.16 103.16 104 105 107 108 97.24 107.8 108.8 102.16 103.16 100.24 99 1974 99.25 101.30 101.12 96.16 . 100.16 100.2 100.11 96.24 . 1, May 100.1 100.1 99.21 1964 100.6 . 1963 100.17 100.30 Ask 100 — - 3%s Ask Bid one more or 32nds of 104.12 97.16 101.24 100 104.28 Bid 100.12 100.14 1 %s Apr. 1, 100.5 1963—. 100.7 43/4S May 15, 15, 33As 1962 100.10 100.14 1962 100.5 100.7 point a Maturity— Treasury Notes (Continued) May 5s Ask — 97.20 102.29 100.30 101 103.24 103.26 100.30 1964 1964— 97.24 102.27 1964 101 3a/4s Aug. Aug. 1962 99.18 99.22 1%s Oct. 1, 1964 96.24 96.28 1962 100.16 100.18 4%s Nov. 15, 1964 103.24 103.26 1962 100.8 100.10 1%s Apr. 1, 1965 95.30 99.28 45/8s May 15, 1965 103.17 103.19 l%s Oct. 1, 95.10 95.14 Feb. 15, 99.26 100.9 100.7 : 1963— I99.2 15, 1964 15, 1964 f L 1965— 96.2 99.6 3%s 100.31 101.1 1%S Apr. 1, 1966 wi 1966 100.2 1963 94.10 94.14 1963 100.5 100.7 4s Aug. 15, 1966 101.16 101.20 1, 1966 93.20 93.24 93.2 93.6 1963 98.14 98.16 1 %s Oct. 1963 102.21 102.23 l%s April Due Bid Ask 1, 1967 100.4 Dated 1-61 8- 1-62 100 100.2 4-61 9- 4-62 100 100.2 2-62 10- 1-62 100.2 100.4 3.10s May 24, 1962 May 31, 1962 June 7, 1962 June 14, 21, Bid 5, 12, Ask 99.935 Sept. 6, 99.890 Sept. 13, ' 30, 97y2 102% 99.214 21, 27, 99.740 Oct. 4, 1962 99.683 Oct. 11, 99.627 Oct. 15, 99.600 Oct. 18, 99.571 Oct. 25, 99.518 Nov. 99.467 Nov. 98.823 98.738 98.761 1962 98.680 98.703 98.621 98.640 98.115 98.134 97.322 97.350 99.416 Nov 99.352 99.362 Jan. 15, 99.295 99.311 April 15, l^ew York Stock Exchange. 98.902 1962 99.404 asset 98.935 1, 1962 Net 98.988 98.801 9, a ; 98.969 98.881 1962 1962 99.05C 98.916 — 99.091 99.029 i 1962 8, 15, FOOTNOTES 99.102 99.074 1962 98.854 99.457 value, 99.25S 1962 1962 1962 99.082 1962 99.509 1962 i 1962 20, Sept. 99.592 Ask 99.163 Sept. 99.562 1962 Bid 99.138 Sept. 99.616 ; Bills 1962 99.673 1962 100.1 99.243 99.732 1962 99.31 99.190 99.792 2, par 100.5 100.2 99.781 Aug. •No 100.3 100 99.844 26, 16, 2-63 4-63 99.785 July 23, 1- 2- 4-63 99.776 July Aug. 2-62 1-62 1962 Aug. 1962 19, 1962 Aug. 100.6 1962 99.981 99.839 15, Aug. 100.7 100.4 3- 99.886 1962 July 100.5 3-62 Due 4- 99.931 22, 1962 June 28, 1962_ July 1-62 12- 5- 99.979 Jun. July 11- 1-62 United States Treasury 1962 June Ask 1-62 3- 3%s 1- Bid 2- Rate 12- 113 1988 43/8s_2002 - _ - 1962 20, 127 106 Line— 5%S Westcoast Wisconsin 103 1971 5s Pipe 4% 3%sl™_IIII1975 97 1971 Textron 103 _1981 Cash National 109 101 _ Bank Bonds Land Aug. 11- 105% 1981 Amer 106 1981 point a 1962 Federal 100.3 of 1962- 1, 100.2 Dated Ask 1003/4 1984 Keystone Steel &Wire4%s Lowenstein (M) & Sons— _, 1, Oct. 3.10s 3.25s 118 5s 125/s 393% Bid Aug. 3.20s 100.2 99.31 32nds 1962- 100.6 3.20s 1003/8 Gas Trans 11% 36% V 4, June 3.05s 113 Sunray 24% Cooperatives— 3.05s 3.30s Sheraton Co of Am 5s ww__1967 Tenn 2 . more or Banks 3%s Southern Calif Edison 4y4s_1977 120 City of N Y_2 Annuity Life Insur—1 Ask Banks— 100.2 97 115 3 Westchester Fire 100.1 116 220 19623 14% 75 100 105 5'/2s ww DX Oil 4y4s Insurance 5 100 95 Sperry Rand 63% 61% 4-62 103 112 America 25% 152 223/4 2-62 102 1969 of 19% 7 (Ala) 1 6- 109 phoenix Steel 5%s Co 373/4 109 Fidelity & Guaranty Co—5 7- 105 % & Lgt 43/4s__1992 Co_ United 5-61 1992 5s Insurance 120 17% 145 2-61 1977 - Petroleum 103 5 9- 1973 43/aS Ins 873/4 35 8 10- Zealand Pacific 113 10 Life 13% 45% 103 79 * 2 Travelers 3.20s 96% 1013A 5 Co preferred Sec 96 Title Guaranty Co (N Y) 3.15s 1047/8 10 Federal Intermediate Credit Bank Debentures a83.91 2002 i003/4 1987 Lomb Opt 4%s 8urlington Ferro 4%s T-elep 1992 Oil Bausch & Food York 1992 4%s Ashland , 1043A Ins 12% 41% Y)__2 al8.42 Bid Bonds— Ask 853/4 1 5 Amer... (N 3.10s Amer Life 1 Ins 3%s May 15, 1963_ Treasury Notes— 4s Recent Security & Conv. Debentures Issues Bonds— of (New Haven) Southwestern all.15 Inc— Inc Fund 71 Indebtedness— al2.57 al6.66 Fund 49% 67 81 Security Life & Trust Co Figures after decimal point represent 5.63 a44.45 Capital Exchange Fd_ Capital Centennial 46% "733/4 U. S. Certificates of Indebtedness and Notes a21.04 Street Fund new Investors 17.01 Inc.— Life 1977. 10, a87.20 Inc 46% 373/4 67 Co U S Life Ins Co in 1963 12, 12, l%s Inc Ins 1963 11, Aug. 33/as Feb. 6.26 Life 34 5/8 33 6.25 Marine & 1962 12, 4s 5.79 Fire 57% Sep. 10, 1964 37/8s Dec. 11, 1964__ 10.83 — Paul 73/a 853/4 1 Insurance Springfield Insurance Co Mortgage Assn— 7.64 Funds— 201^ 6 % 31 541/2 1963 11, 13.05 7.27 177 14% 32 2 (N Natl Life Standard 1963 15. Natl 43As 6.72 5 1962 10, 4%s 7.98 10 1963— 4%s Sep. 3%s Mar. 4%s Feb. 7.30 55% 12% 29% Y) U 1963— 15 Apr. 10.34 15.75 5 1962 15, 33/bS Feb. 14.96 13.98 "V 1 10 (Texas)—10 58 3/4 43% 10 Accident Loan 15, Jan. 9.72 14.45 86% 126 Life Obligations of Government Agencies 13.69 12.93 117 Corp Republic Insurance Figures after decimal point represent 10, Inc * Jersey Insurance Co of N Y 5%s Feb. Fund 5 Co Standard 4.28 Swap (N Y)_. Insp & Insurance 10, 15.38 29% 80 Hartford Steam Boiler 4%s 9.91 26 117 Hartford Fire Insurance Co 3.92 Growth Ind Fund—10c Fund Inc 1 5 C)— 4 (Jacksonville Fla)_2% 10, 10, Wisconsin 12.18 (D (D C)_1.50 Underwriters— A Life 4%s Sep. 14.15 105 Reinsurance Republic Security Ins 10, 1 1 1 14% 52% 10, 1 13y2 49 4%s Sep. Whitehall Fund Inc 4 5 8.36 Fund -_2.50 Seaboard Surety Apr. Fund '■! 733/4 98 111 81 Seaboard 4%s Apr. Inc 67 5 1 16% 4%s Mutual 67% 483/4 5 191 12.58 Fund 62 433/4 (Pa) l47/a a36.14 3.53 38% (N C) 175 a30.25 9.83 50% Life Ins * 12, 8.99 24% 47% 36 Quaker City Georgia Inter Life Inc. Co 10, 3.23 Co Owners Glens Falls 4%s Dec. 6.50 5 5 Home General Reinsurance Corp_—10 43/8S Jun. 5.15 10 20 10 St 8.65 5.95 Y C) D 126 41% 17.13 of N 34% Co— Phoenix 119 15.74 10.78 5% 4% 4 7.67 l°c 1 Co (Phoenix)-. 11.63 Investing Corp Y (S F) 11.51 Inc _i.25 N Insurance 8.00 6.56 (Wash Ins 70^ 38% 6.99 56% Life 61% 14.37 11.94 Pacific Insurance Co Philadelphia Lite Ins of 12% Peerless Insurance Co Peoples 66% 3%s Mar. Inc— 96% 52 __10 Assoc Life 4s 12.57 176 92y2 50 3/8 3% 57 Natl 15.16 al0.13 132 167 45 Vb 46% 3.33% Y 5 First Federal a9.79 125 5 N Pyramid Life Ins Co 3%s July al3.41 Funds 5 of 173/4 al9.02 Inc 11997660328 Co Ins 41 2.50 68 % 12.21 Fund Co Pacific Indemnity Co 83 3/4 11.23 1 1 Northern 55 % % 7.57 Farnham Inc 27 5l3/4 (Ky) 2 : 41% 32% 5 Co 16 % 6.93 Fund 25 (Gal 1.25 Ins 64 33/8s & Insurance (N J) Insurance \3%s Fund Northeastern Fire 78 9.54 Roe 34% 50% 45 % 5 5 : Insurance 1 16.54 9.11 31 y2 NY_2 47% 4 8.78 Fund-1 Scudder Stevens & Clark— Common Stock Fund Inc 1 Selected American Shares—1.25 Shareholders Trust of Boston—1 Shares in Amer Industry Inc—1 Smith (Edson B) Fund 1 Southwestern Investors Inc—1 Sovereign Investors 1 State Street Investment Corp—* York North River 253/s 5 5 15.22 of Canada—25c New 19% Fidelity Bankers Life Ins Fidelity & Deposit of Md 8.78 Fund 38% 17% 95 23% Federal 8.12 Scudder Stevens & Clark 353/4 of 89 1 Employers Reinsurance Corp 4.57 1 .—5 Y) "A"_2 5 Providence-Washington 14.94 Inc Hampshire Ins Pioneers 4.18 Fund Revere New 90 3/4 com 30% 14.79 1 Nationwide Corp class A 44% Accident 54 % 1 Quarterly Dist Shares Inc 753/4 41 y2 & Line Ins AA 27 y2 Income—1 Fund Inc 1 (Geo) Fund 1 Growth Fund 1 for Fund 70 1 Life 51 Growth Stock Inc Fund 2 Natl » 10.21 Provident National Union Fire Co Co Group 12.11 __2.50 Inc 67 % Life Insurance_5 11.86 (T Rowe) 62 • 1 Employers 9.34 Fund Pioneer Natl Old Assurance Ins Fire 69 % Gen Life National 15% 64 Insur Co Eagle Fire Ins Co 53/4 ; 14ya (N J) (N Insur 5 (Bait) 1 Life Continental 11.99 50c 1 Continental Casualty Co Crum & Forster Inc 10.82 Pine Street Fund Inc— C) Co_^- Casualty Life 48 % Midwestern United Life Ins Co_l 113/4 10 Ins 44 29 5 Coastal States Life Ins ~9.48 Centennial 15.59 Citizens Citizens 8.65 1 ...» Price 7.96 al3.53 Mutual Fund Square Peoples Securities Corp Philadelphia Fund Inc 7.05 11.63 Bankers Natl Life 31% - 10 y2 Beneficial Standard Life— Boston Insurance 28 27% Hanover Insurance Co_. 11.87 19.45 33.35 1 12.03 15.20 1 Oppenheimer Fund al3.22 Bonds) 11.13 a Fund Street William 1 Bonds) Grade 7.89 8.62 Inc Shares 11.06 1 Fund 8.58 England Fund— 1 New York Capital Fund Ltd_34c Nucleonics Chemistry & 6.52 1 Mutual 7.85 —1 Series Stock Growth 5.74 1 Series Stock 6.27 1 Income Series 17.99 Fund 1 1 1 Series Bond Preferred Wellington Keystone Custodian Funds— B-l 14.64 Corp Investors 10.34 Fund Inc (The) 1 National Winfield Fund Research Fund Wide Securities Co Inc-1 Nation 2.99 23.70 Shares Wellington Equity 12.71 11.26 5 167 2% Shippers Firemen's Fund 2.93 21.91 Investors 10.91 Boston—1 of al4.41 1 Washington 7.23 Investors Variable Paymt Fund Investors Group Cdn Fnd Ltd Investors Trust Wall Street 5.10 Selective Investors 2.76 4.67 Investors. Group Funds— Investors Mutual Inc Fund Investors 9.24 2.52 lc America of 8.50 lc Institutional Income Fund Co Mutual Fund Intl Resources Fund Inc__ Investment 8.55 Ltd— Shares Inst Foundation Fund Institutional 10.24 Accumulated Fund—1 UnLted Continental Fund 1 United Income Fund Shares-l United Science Fund 1 United Funds Canada Ltd 1 United International Fund LtdValue Line Fund Inc —1 Value Line Income Fund Inc__1 Value Line Special Situations 10.27 Institutional 4.49 9.33 United 8.44 1 1 Inc Income Fund Investors 7.87 Ins Life Inc-1 Re-insurance 1 20th Century Growth Inv__lGc UBS Fund of Canada Ltd—1 a27.83 Boston 15.54 4.16 Texas 5.03 1 lc lc Imperial Fund Inc Assurance- Companies Sterling Investment Fund Inc—1 Television-Electronics Fund—1 5.61 Series H-DA Haydock Fund Inc Imperial Capital Fund Inc of 8.83 14.46 United 10c Fund 7.29 8.06 Growth—1 Fund 1 Mutual Shares Corn——i—— 1 Stock 19.55 Series H-C7 Income 6.65 . Investing Foundation—1 Balanced Funds Inc— Incorporated Incorporated * * Series Investment Stein 8.15 5.64 Equip Shares—lc Growth Fund lc Common (The) Stock Fund_lc Fully Administered shares—lc Electrical Capital General 24.63 Invest Found Scudder —1 Series Utility Fund Funds- Series Bond 8.61 Mutual One 10c 1 Florida Growth Fund Inc 1 (Newark N J) Life in Eastern "new" "new" Series Over-the-Counter Energy Fund Inc Federated 15.18 Fund— C) Electronics Howard— Fund Home Co Connecicut New 17.22 & 22.54 L (B Mutual 15.84 Balanced 7.88 Life Fund— beneficial interest—1 of Unils 17.27 5.72 Dreyfus Fund Inc American Massachusetts Morton 10.67 5.29 Eaton 1 Inc Insurance 3.56 Fd Fund Growth 9.83 Invest 13.89 Growth Investors 11.22 3.24 Theory Trust int—33'Ac Stock investors shares of beneficial Mass 10.24 8.97 Dow 'io*t 11.44 16.42 < 59% Bankers lc 25c Inc—1 Shares Dividend 55% 54 National Maryland Casualty Fla) Managed Funds- Dividend 1 1 1 Delaware Income Fund Inc 1 Diver Growth Stic Fund Inc—1 Diversified Investment Fund—1 5% 1 Mass Indemnity & Life Ins 5 Merchants Fire Assurance_12.50 523/4 143/4 (Jacksonville (Wash D .lc 16% 13% American Heritage Life Ins— (Galveston) 18.40 158 131 4% Mercury 3.72 39 15 1 Nat 2.21 123 1 5 American 2.02 .—10 Insur Amer 3.40 Co of Va Liberty Life Ins Loyal Amer Life Ins Co Inc Co_1.50 Amer lc 913/4 36% Lincoln Amer Ins 2.71 3 30% 14 % American 2.48 Casualty Ins Co of Tenn 34% 27 843A 18.00 lc Penna__5 12y2 12.52 13.10 of 28% 86 79 Insur al5.56 Insurance Co AsK 30 Fidelity Life Ins Co_l a29.07 7.28 Investing Co Inc De Vegh Mutual Fund Inc Delaware Fund Lincoln 5 Stk Fund Inc—1 Inc Vegh De Life Insurance 32 Casualty_5 Life 20.21 1 30% & preferred Loomis-Sayles Fund of Can—1 Loomis Sayles Mutual Fund—* Balanced — Western Investment Diversified Income Fund Crown 27'% 28y2 Fidelity Assurance Bid 25 General 16.47 16.49 12.82 20"A 7.16 Trust Fund— Corporate Leaders Life & 121 American 11.46 lc 8.28 Inc Fund 26% 743/4 American 1 7.44 9.50 Composite Fund Inc 1 Concord Fund Inc 1 Consolidated Investment Trust-l Continental Growth Fund Inc_lc 24 conv Inc__1 Mutual 1 Fund Composite Bond & Stock Commonwealth Stock Life American Trust 14.12 9.92 12.92 7.10 10.58 11.05 12.09 9.37 10.27 9.76 15.80 Shares Trust 1 Chase Fund of Boston 1 Chemical Fund Inc 50c Colonial Fund Inc 1 Colonial Growth & Energy 1 Commonwealth Inc Fund Inc—1 Commonw'lth lnt'l Gen Fd—1 Commonwealth Investment.. 1 24% 12.02 Massachusetts Capital Life Ins Shares & Growth Stock Fund 373/4 22 Co & 14.26 10.47 Century 35 Insurance 12.49 17.06 * —— 10 Lawyers Title Ins Corp (Va)__5 Liberty Life Assurance 2 Liberty Natl Life Ins (Birm)__2 Casualty (111)_l Equitable Assur 5 American Investors Growth Canadian International Fund Ltd 114 Agricultural 15% Income Par 5 Insurance All Amer Life $1.25 Companies Ask 69 10.81 15.09 1 Life Bid 3.50 20.17 9.89 11.43 18.46 13.19 12.88 6.81 1 6.88 Aetna 143/4 Canada General (1954) 6.28 Casualty & Surety 1 Inc Insurance Life Fund Growth Fund Lexington — Fund Knickerbocker 3.90 lx.87 Fund) (Growth Par Aetna (High-Grade Com Stk)„1 6.85 9.65 Ask Cont. Custodian Fund (Discount Bonds) (Income Fund) Keystone 8.30 8.83 1.55 4.83 5.18 8.62 3.57 io.y2 1 1 Fund Ltd Fund Inc Bullock Caiiiornla 2.35 Bid Par Mutual Funds— Ask Bid 2.15 6.21 7.68 4.28 5.65 al4.03 Monday, May 21, 1962 . (Quotations for Friday, May 18) Insurance Mutual Funds Par 25c 1 1.25 1 Mutual Funds— Aberdeen . . ! - ; 1963 98.875 FOR OVER-THE-COUNTER ISSUES value, b Bid tNew stock, yield price, k Admitted to listing on the wi When issued. yEx- stock dividend. d Ex-rights, x Ex-dividend, - Volume 195 Number 6161 J . The Commercial and Financial Chronicle . (2421) Bank clearings this week will show increase an com¬ Complete and exact details of the foregoing will appear in our issue pared with ayear ago. based us, the on country, indicate that May 19, for the week ended clearings from all cities be 2.4% above . Our year. against those the $32,251,537,860 for United at States in 1961. Our comparative summary for the however, which are able to give the final complete results of the week previous — the week ended May 12. For that week there was an increase of present further below At 7.4%, the aggregate of clearings for the whole country having amounted to $29,987,607,430 against 612 in New York Chicago Philadelphia ; 942,544,113 594,840,723 ; Louis San Francisco____: Baltimore i cities, five + cities, five days + 4.9 464,936,721 +14.0 722,493,206 517,313,341 + Total 1.5 + 7.5 1st cities, all five days 2nd Cities for week + 3.0 0.3 + ' 1962 of shares__ Chicago 17 44 St. Louis 4 " 7 44 + 5,443,400 Dallas San 2.4 Outside We the Government 1960 Reserve • 89,108,085 63,932,362 of of 5.2%. 92,803,996 60,533,354 District the <» 9.2 13,925,824,103 12,665,836,545 5.7 1,205,309,855 1,272,647,327 7.8 1,589,430,201 903,124 1,454 993,999 1,836 335,168 + 3.7 1,527,554,570 818,289,138 + 10.4 1,504,279,120 1,449,690,192 + 3.7 1,808,385,824 1,791,323,961 757 393,974 730 025,440 + 4.6 759,918,137 784,649,178 + 5.1 685,884,383 731,924,340 + 11.5 726,607,722 863,925,191 44 646,704,882 44 733 669,131 606 130,704 + 6.7 575,418,053 1,556,604,032 634,029.265 1,480 055,066 + 5.2 1,362,073,575 1,431,239,878 29,987,607,430 27,923,468,615 + 7.4 25,827,861,669 24,929,569,359 12,538,968,700 + 5.1 12,384,821,039 12,710,256,744 81,298,617 cities In the Cleve¬ larger are v4. f" ■ 14 York ■ ■ by 16.3%; 788,954,740 in the Richmond Reserve District by 8.0%, and in the Atlanta Reserve District by 12.7%. The Chicago Reserve District has to its credit a gain of 13.2%; the St. Louis Reserve District of 16.0%, and the Minneapolis Reserve District of 14.3%. the totals record serve In the District of Kansas City Reserve District expansion of 12.4%; in the Dallas Re¬ an 18.5%, and in the San Francisco Reserve District of 15.6%. 1961 13 44 Atlanta 73,725,415,920 ' 44 7,479^487,736^ 8 44 44 31 44 7 44 : $ 4,076,442,206 4,058,881,757 + 14.8 59,145,731,177 4.9 61,389,201,392 5,014,426,609 + 16.3 5,224, 065,016 . 1959 ' $ 7.6 6,918,339,930 7,001,640,938 8.0 3,460,814,556 + 64,213, 133,361 3,798,908,885 16 Chicago 4,168, 167,131 ;, 5,481,236,989 . 15 Ji_-. 1960 or Dec. % 4,483,945,675 44 Richmond Louis Inc. if cities '• 10 Cleveland St. $ 925,918.541 + 834 1,605,690,844 1,904,875,106 792,504,461 767,232,072 of 4.9%. jt'f U W : 8th ' .,1959 $ + — 1,407, 515,713 $ Hi' • 7th 1960 928,317.189 44 totals Philadelphia 9th or 4.2 + 13,172,041,633 : 4th 65,793,447 Inc. April— 3rd 83,253,414 66,131,993 118,034,886 of 15,845 239,285 1,271 625,474 865,749,520 City Boston ,2nd New 1959 68,482,247 - of 6th 1961 80,883,432 . " 106 York 5th 1962 March District District serve 1962 1st -Number of Shares- February " Federal Reserve Districts The volume of transactions in share properties on the New York Stock Exchange for the four months of 1959 to 1962 is indicated in the following: January a gain of 7.8%; in the Richmond 3.7%, and in the Atlanta Reserve The Chicago Reserve District records an improvement in its totals of 3.7%; the St. Louis Re¬ serve District of 4.6%, and the Minneapolis Reserve District of 5.1%. In the Kansas City Reserve District the totals register an increase of 11.5%; in the Dallas Reserve District of 6.7%, and in the San Francisco Re¬ Reserve Dec. % also • New 10 Francisco Month $117,182,400 $138,037,000 $465,139,800 $598,385,100 the 9 25,137,100 2,000 Total bonds in 6 '. Philadelphia Reserve District land 26,893,400 that appears District the totals show 1961 furnish a summary of the clearings for the April. For that month there was an increase body of clearing houses of 13.9%, the 1962 aggregate of clearings having been $139,740,458,583, and the 1961 aggregate of $122,696,970,690. In the New York Reserve District the totals show an improvement of 14.8%; in the Boston Reserve District of 7.6%, and in 401,722,867 it District of 10.4%. 965, 581,537 of the entire 1961 280,753,414 6,035,000 City New month $111,739,000 $132,002,000 $438,246,400 $573,246,000 government 9 7 Total 1962 101,775,900 1 Minneapolis 12th Four Months 1961 65,255,742 Railroad Jfc. misc.__ International Bank_ S. 44 Kansas this this city) the totals larger by 9.2%, and in the Boston Reserve District by 4.2%, but in the Philadelphia Reserve District the totals are smaller by 5.7%. In the Cleveland Reserve 0.3 Bonds— U. 44 10 9th ;YY';•• • . Month of April Stocks— Foreign 6 Atlanta 10th 2.4 + 1,199,485,143 $33,014,053,981 $32,251,537,860 Description— Number Richmond 7th 3.5 Philadelphia Cleveland 6th New follow: from District (including are 1,006,250,490 17,307,121,872 1,199,165,666 1,517,409,868 44 , 5th monthly detailed statement of transactions York Stock Exchange is appended. The results for April and the four months of 1962 and 1961 the 9 4th Our usual on and Reserve $ York New cities 3rd 7.9 + 5,997,425,715 1,202,490,187 located 1962 12 8th — $31,811,563,794 $31,052,052,717 day one are York SUMMARY OF BANK CLEARINGS Boston 11th all cities, — $25,799,112,859 $25,054,627,002 6,012,450,935 May 12— Federal Reserve Districts 3.8 914,258,043 499,361,500 days Total All 8.2 486,500,000 - Week Ended 7.5 + 959,106,000 - .___ Pittsburgh Cleveland Other + 530,108,423 * an 1.9 779,581,073 St. according to the Federal Reserve Districts in which they % + 957,293,613 553,178,074 468,600,000 City Ten 1961 - $18,001,107,947 $17,667,991,560 1,640,963,080 1,526,562,444 1,265,000,000 1,262,000,000 Boston Kansas 1962 1 \ ____ $27,923,468,- the same week in 1961. Outside this city, there increase of 5.1%, the bank clearings at this cen¬ ter having registered a gain of 9.3%.! We group the cities week follows: CLEARINGS—RETURNS BY TELEGRAPH : Ending May 19— we and was Week by We statement, last gain for the week ending Friday of a covered of next week. them last day of the week in all cases has to be estimated. In the elaborate detailed we $33,014,053,981 week same furnish today, inasmuch as the week ends Saturday and the Saturday figures are not available at time of going to press. Accordingly, in the above, the Saturday, corresponding week the cannot weekly clearings will preliminary; totals "stand this center there is 1.9%. for the of from which it is possible to obtain week the Preliminary figures compiled by telegraphic advices from the chief cities of 49 + >• 6,429, 885,652 3,518, 962,220 + 5,267,012,265 7,400,221,931 6,567 780,310 + 12.7 6,648,887,433 11,970,796,927 10,576 522,103 + 13.2 10,776,524,098 10,794,248,915 3,684,616,049 ■» 3,618,983,037 6,342,876,075 3,175 406,767 + 16.0 3,327,574,723 1st Quarter 3,343,550,754 3,042,704,872 • The of 190,180,939 57,291,287 April BANK New the four 1961 1960 71,489 62,184 5,116 Philadelphia Chicago FOR months 2,923,734,480 + 12.4 Dallas 11 44 4,503,697,316 5,510,097,311 4,649 ,559,813 + 18.5 San 4,189,184,354 4,700,332,518 18 44 7,947,288,259 6,875 ,340,635 + 15.6 6,690,949,183 6,703,104,950 4,856 ended April 139,740,458,583 122,696,970,690 + 13.9 120,116^411,482 118,539,871,875 68,251,337,991 60,512,594,670 + 12.8 60,725,500,866 61,362,757,068 City i Francisco Total Outside 30 New 173 York LEADING CITIES City IN APRIL -Jan.1 to April 30- -i—' 1952 1961 1960 59,390 57,177 286,539, 268,902 232,058 4,642 4,872 20,303 18,719 18,776 18,571 22,935 22,181 21,797 We append another table showing clearings by Federal" Reserve Districts in the four months for four years: 219,307 20,936 1959 Four Months 5,229 5,393 Detroit 3,594 2,805 3,216 3,108 14,016 12,120 13,085 Boston 11,825 3,607 3,325 3,303 3,305 14,594 13,772 13,116 San 12,516 4,055 3rd 3,479 3,241 3,289 13,972 13,167 12,283 4th Cleveland 10,052 5th Richmond 2,942 Pittsburgh Kansas 2nd New York_ 2,694 2,676 11,489 10,194 10,927 2,277 2,211 2,256 11,001 9,610 9,250 9,050 6th 1,839 2,143 8,202 7,546 8,195 8,001 7th 1,997 1,986 9,054 8,492 8,090 8,288 8th St. 9th Minneapolis 1,862 1,649 1,717 1,732 7,374 7,038 6,958 6,650 Minneapolis. 2,223 1,933 1,914 1,992 9,073 -8,388 7,925 7,821 Houston 2,C80 1,741 1,830 1,755 8,532 7,452 2,040 1,812 1,855 1,835 8,441 7,661 . 1,782 1.658 1,678 1,743 7,051 6,753 . -.1,464 1,248 1,307 1,322 5,857 5,309 .. Atlanta Baltimore . Cincinnati Richmond .. Louisville .. New 974 Seattle 958 26,544,907,946 15,097,049,097 14,453,118,389 + 29,919,401,068 27,150,426,765 + 10.2 47,056,892,761 43,831,304,255 + 7.4 41 31 31 + 6.4 16,224,110,245 15,356, 121,284 + 6.7 240,188,151,662 227,443 073,367 + 7.8 20,320,536,618 20,069,,077,223 + 10.0 27,856,247,101 26,353,,855,176 13,839,288,103 26,889,839,089 13.864,,584,710 24,926 ,505,848 44,204,596,238 41,556,,595,168 •1, 7 14,809,273,450 — 6,985 11th Dallas 12th San 11,980 ,662,429 18,211,181,203 + 7.4 17,130,052,118 17,413 ,097,546 22,479,905,709 19,809,364,102 + 13.5 19,387,338,173 30,992,722,965 18 5,112 12.865,,954,521 12,095,160,769 27,825,190,636 + 11.4 26,967,727,405 18,822 ,161,002 25,398 ,059,313 558,422,809,667 518,704,150,019 + 7.7 478,686.379,877 456,049,747,587 249,802,095,624 + 03 00 246,628,246,316 236,142,067,347 6,571 5,328 13,533,332,356 7.2 19,554,567,916 11 11 7,084 8.5 + <1 14 14 6,618 + 12,894,339,670 271,883,499,374 City 13,653,791,404 13,823,860,250 • 1 16 _ 7,430 957 1.0C5 3,990 4,116 3,949 817 899 904 3,994 3,534 3,639 1,147 961 5,013 4,639 4,696 Total 3,516 1,094 Francisco .173 173 II II cities 3,996 990 1959 $ 4.5 i< 16 - Louis Kansas 277,064,182,879 20,190,966,094 29,210,400,716 R 8 7,375 . 1.247 Orleans 10th 21,760,251,633 «• Four Months 1960 or 295,553,554,043 II Chicago 2,147 Inc. Dec. % 17,075,376,676 13 Atlanta 2,064 2,253 Louis. 2,470 $ 18,164,930,059 10 15 2,146 . City cities Cities 14 - 2,7C6 .. Dallas St. Boston Four Months 1961 $ Philadelphia 15,552 Fran... 1st Four Months 1962 Federal Reserve Districts 5,488 Cleveland 4,717,439,818 ■ 1959 5,855 .... cities is shown below: Month of April 1962 York.. + 14.3 4,330 ,377,101 clearings for leading cities for the and CLEARINGS (000,000 Omitted) 2,967 770,581 4,865,444,481 75,886,965 in each of the last four years ;• 3,392,998,420 44 11th 231,496,751 101,775,900 of bank course 44 14 12th 299,946,967 ;'v 65,255,742 month 16 Kansas 82,449,890 215,497,672 April Minneapolis 10th 65,715,223 Outside New York City- 3,831 1,040 882 895 953 4,183 3,697 3,723 3,671 Jacksonville. 1,300 1,189 1,248 1,240 5,332 5,098 5,244 5,019 Portland 1,076 956 983 937 4,177 3,789 3,920 3,597 1,327 1,123 1,125 1,079 5,224 4,409 4,450 893 757 731 789 3,462 3;200 2,965 ..... ,.. Birmingham Omaha Denver St. Buffalo 943 869 899 4,274 3,871 3,542 849 734 721 746 3,399 3,202 2,932 664 667 666 3,249 2,903 2,763 2,542 634 2,669 2,497 2,601 2,417 662 574 742 649 574 624 2,870 791 723 756 702 3,229 740 733 631 643 3,060 129,666 113,557 111,121 109,527 518,143 481,421 9,012 40,279 37,283 558,422 271,883 ..... Washington. . Nashville .. Tot. 31 Cities Other Cities Total 10,074 All 139,740 Outsider NYC We 9,139 at— 631 8,995 - 122,696 120,116 118,539 68,251 now Clearings MONTHLY CLEARINGS 2,905 785 ... Milwaukee 3,068 1,036 ..... Paul.... Memphis The following compilation covers the years by months for two years: 4,184 . 60,512 add 60,725 our 61,362 3,439 2,564 , 2,314 2,968 2,643 2,763 2,512 2,472 442,313 478,686 246,628 1962 121,833,503,827 116,726,660,185 + 4.4 60,737,849,027 56,566,894,429 + 7.4 March 145,597,622,045 141,457,231,801 + 2.9 68,626,230,314 66,686,132,274 + 2.9 418,682,351,084 + 5.7 203,632,161,383 189,289,500,954 + 7.6 139,740,458,583 396,007,179,329 122,696,970,690 + 13.9 68,251,337,991 60,512,594,670 558,422,809,667 518,704,150,019 + 7.7 271,883,499,374 249,802,095,624 Total Total Maine—Bangor 11,576,299 : Inc. Fall River 17,868,050 Holyoke Lowell New — . Bedford- 19,241,296 Springfield 90,912,080 Worcester 69,951,597 254,569,307 Connecticut—Hartford New Haven__ ^ - " Waterbury——— Rhode New Hampshire^—Manchester (14 cities) 118,490,390 25,878,300 _ Island—Providence— Total 6,984,133 36,253,214 3,607,430,570 187,887,600 . - Months + . 17,731,727 4,483,945,675 4,168,167,131 $ 69,782,884 + 9.0 138,511,564 + 9.7 4,688,211 8,667,263 9,020,387 + 6.0 806,570,948 772,910,511 8.8 3,800,395 4,290,881 1,802,403 1,658,342 70 757,704 65,031,984 45, 177,737 39,448,282 0.8 28 553,365 29,28.7,085 3.5 +14.5 + .67,885,548 f 4,615,888 .374 577,475- 2.5 + 5.9 322,891,158 4,772,873 4,559,042 22,921,731 + 16.0 264,326,398 »*> 285 331,734 8.8 1959 8,170,449 4,158.956 7,409,508 746,545,956 —11.4 3,902,852 4,083,730 8.7 1,889,475 ,1,837,696- + 7.9 \ 20,010,645 15,708,877 16,403,992 + 751.809,637 + 4.7 4,551,106 4,143,764 + 14.5 16,871,087 16,048,258 4.2 15,152,414 15,067,757 51,516,653. 53,369.201 — ' 990,554,637 + 6.2 57,476,966 54,576,884 + 5.3 472 ,098,110 428,244,727 + 10.2 26,045,933 25,728,450 + 1.2 98 ,304,400 89,193,900 + 10.2 5.3 769 ,661,400 737,600,500 47,925,000 + 73 ,881,194 60/389,880 7.6 1960 4,337,133 3.9 1,052 ,463,887 + + 4.4 + 4.8 +10.8 +12.8 S 1.6 + — +20.8 — . + 14.5 — - 1.3 + ' 71 894,225' + -Week Ended May 12Inc. or Dec. % 13,772,228,129 + "• 1961 76, 060,684 +11.8 . 1962 or 151 906,496 14,594 261,648 8.5 +12.6 ' Inc. Dec. % 9.9 +23.5 251,405,697 198,366,500 15,996,100 1961 $ + 12.5 and for week ended May 12 for 4 years: April 30- 1962 — " years +12.3 + 18,583,102 79,379,624 62,564,265 113,117,017 21,427,800 month of April and since Jan. 1 for 2 -Jan. 1 to or Dec. % 17,501,291 32,296,787 3,325,300,543 15,871,763 9,372,509 6,928,286 — 4 — $ 19,226,959 Portland Quarter. figures for each city for the First Federal Reserve District—Boston- Massachusetts—Boston 1st April 1961 $ Dec. & 9.7 -Month of April ' Inc. or $ 66,036,474,251 + 236,14? detailed statement showing the 1961 $ 74,268,082,042 137,823,287,343 February 456,049 249,802 1962 or Dec. % 151,251,225,212 34,740 518,704 Inc. $ January 421,309 36,373 - -Clearings Outside New York- 1961 1962 $ 2,357 3,030 . Clearings, Total All- ^ Month— 4.3 50,097,100 + 22.3 3,697,790 + _4 4.5 ' 24,378,571 23,959,986 47,404,600 40,233,600 - 18,164,930,059 17,075,376,676 + 6.4 1,006,250,490 3,881,515 4.7 3,596,893 3,791,448 4.2 — 928,317,189 925,918.54 J, ' 965,581,537 + I The Commercial and Financial Chronicle 50 . at— 1962 Inc. or $ $ Dec. % $ $ ■' 1961 1962 Inc. or 1961 Monday, May 21, 1962 -Week Ended May 12- April 30- Jan. 1 to -Month of April 1962 dealings . . (2422) 1961 Dec. % 1959 1960 Inc. or $ Dec. % Second Federal Reserve District- -New York— 310,272,340 574,643,333 + 15.3 1,197,163,204 2,669,349,639 12,117,658 + 32.1 60,267,198 50,108,037 67,131,681 268,902,054,395 + 11.4 4,271,994 16,815,565,797 15,384,499,915 9.3 13,443,040,630 49,255,138 54,864,040 5.0 r 519,820,373 114,761,699 + 13.2 36,035,435 31,733,781 + 13.6 33,690,292 138,161,711 + 5.1 87^419,214 79,794,653 9.5 77,365,175 5.8 1,420,538,953 1,871,946,348 1,351,603,808 1,720,072,808 + 8.8 106^004,928 102,861,630 3.1 90,860,817 90,639,147 +14.8 295,553,554,043 277,064,182,879 + 6.7 17,307;121,872 15,845,239,285 9.2 13,925,824,103 12,665,836,545 + 17.8 27,539,774 24,858,608 + 10.8 1,888,661 1,482,281 + 27.4 1,833,442 + 11.8 1,502,543 1,463,753 + Rochester 148,126,435 129,579,224 37,125,465 28,728,141 341,161,703 458,231,762 342,969,790 433,212,834 + 14.3 + 29.2 " Jersey New - Total 73,725,415,920 cities). (10 — + 64,213,133,361 J\' Pennsylvania—Altoona Bethlehem ;> 6,195,503 7,297,063 7,915,819 • _ (a) f. . , Wilkes-Barre - - — , - 31,267,624 ■ Jersey—Trenton _ .L» 'C- JT' 1,359,129 1,423,399 2.7,, fc"'. 1'. '2,136,200 5.4 20,308,296,000 18,719,000,000 + 57,016,477 69,049,922 126,244,031 126,587,571 . _ 575*9*7*269 47696,318 4^646^403 1,20070~00,000 8.5 1,126,000,000 1,2007000,000 1,1287000,000 3(182,G98 5,182,945 4,525,671 0.3 7,129,427 7,309,673 8,594,107 — (a) (a.)'.;:.'.;,'. 114,146,261 ..... 111,664,268; 8.6 — 2.2* 8,517,541 + 31,423,953 29,215,028 + 434,080,835 + 12.0 6.9 310,892,836 282,177,150 6,541,009 + 10.2 4,358,414 7,747,313 ,;'V> 3,944,035 4,600,299 3.6 8,134,107 25,211,143 16,949,499 24,323,386 6.0 + 7,564,517 5.7 6,025,372 1,205,309,855 1,272,647(327 7.6 486,327,869 (a) 1.8 7.1 + 11.3 —14.8 + + 8,672,585 4.9 + 5,224,065,016 2,195,035 • 5^01*0,463 —39.5 94,169,121 9.1 + 1,897,565 *"2,567,724' 2,571,702 8.4 (a) 7,335,494 . r 9.9 + + 114,662,338 5,481,236,989 cities) + 32,406,662 —41.9 26,233,412 73,836,470 _ 82,170,762 35,130,453 (a) 127,631.050 _— . Delaware—Wilmington (13 ' v 28,490,953 1,616,090 7,858,566 Bois Total 8,277,721 90,289,058 7.4 + 28,651,779 ' (a) _ + -76,866,322 . —22.1 + 10.9 24,072,879 • (a) 40,441,473 ■7 + 4,856,000,000 ___ Hazleton New 175,090,301 5,116,495,000 13,975,841 ■ ... Rrrnnt/in Du 135,343,633 31,410,696 •v (a) 20,141,078 Lebanon York +3.9 —23.1 22,335,207 8,891,157 . • •"* 33,626,149 _ Lancaster Philadelphia Reading 4,659,908 48,735,798 + 20.4 28,104,781 7,621,134 10,193,347 43,732,844 . * _ 1.3 ,.i ' Harrisburg v 0.5 + District—Philadelphia— Third Federal Reserve Chester 3,225,389 6.6 Syracuse Northern 155,573,431 9.8 286,539,310,293 995,628,447 588,381,920 Jersey—Newark 48,134,067 147,844,864 3,084,796 3,955,169 12,219,312,615 46,390,777 29,608,788 68,672,663 5.6 5.0 + 8.5 72,806,330 + 14.3 New + 28.9 + + 22.7 + 15.0 213,591,868 Utica 137,587,424 3,124,636 + 15,293,615 62,184,376,020 — 46,706,912 145,240,014 906,779,258 18,767,503 244,049,607 , York New 60,204,716 6.9 + 2,975,182 4,215,748 71,489,120,592 Jamestown + 28.1 + 20.3 934,804,615 2,497,046,205 16,007,863 Buffalo 278,620,878 662,552,650 New York—Albany : 7;. . 24,525,706 + 15.5 18,466,773 + 1,199,165,666 7.8 + 20,190,966,094 21,760,251,633 28,332,808 19,578,657 1,271,625,474 ; . -...i...-:." • . . 13,147,041 . Fourth Federal Reserve District- -Cleveland— Ohio—Canton 7.9 + 56,404,606 60,843,620 ' 14,753,801 17,727,086 16,244,111 310,365,504 599,492,339 301,123,849 569,535,943 322.701,906 613,607,100 636,956,786 78,372,700 75,785,800 71,254,800 73,284,500 8.1 14,077,674 12,063,485 8.9 14,209,931 14,072,942 12,447,113 14,795,035 12,479,?11 15,453,773 485,537,919 417,206,608 5.6: + 237,418,583 250,642,699 + 10.3 Cincinnati 1,464,816,032 1,248,589,450 + 17.3 5,857,915,057 5,309,354,803 Cleveland 2,942,152,273 2,470,904,534 + 19.1 11,489,636,291 10,194,100,801 Columbus 364,746,500 359,665,300 1.4 1,431,210,800 1,375,480,500 Hamilton 19,481,567 16,181,976 + 20.4 86,531,949 74,915,906 5,825,157 + 53.2 29,957,517 24,702,335 57,553,886 + 13.9 252,919,613 + 21.7 243,210,671 215,756,276 233,977,104 223,416,882 196,377,400 + 51,017,136 + + 312,926,486 + 21.3 62,092,474 '14,604,461 5 + 15.5 8,922,848 65,572,383 9.9 4.6 + "■ JU)rain Mansfield _ Youngstown Newark + 48,649.782 4.7 + 12.7. 4.1 + 50,935,227 181,901,413 164,682,034 + 10.5 684,555,773 654,462,134 + 2,146,027,214 1,839,090,505 + 16.7 36,117,186 + 13.4 7,546,173,304 152,626,075 27,527,049 26,968,100 + 2.1 8,202,548,755 164,318,966 115,047,488 + 40,965,485 26,505,318 30,077,849 —11.9 116,006,967 135,102,654 16,998,333 18,158,151 6.4 70,141,894 77,948,064 + 16.3 29,210,400,716 26,544,907,946 Toledo Pa.—Pittsburgh Erie Oil City Kentucky—Lexington West Virginia—Wheeling Total (15 cities) 7,479,487,736 — 108,851,401 8.7 + ' •- ' 7.7 + 5.7 ?; 523,724,284 —.—■—— - —14.1 ' + 10.0 .... 6,429,885.652 476,504,505 . v; ^ +10.0 r - 1,517,409,868 ;■;■ 1,407,515,713 1,589,430,201 1,527,554,570 7.8 + s i' Fifth Federal Reserve District—RichmondV west Virginia—Huntington Richmond South Columbia 96,599,313 94,358,360 445,689,000 351,901,000 958,924,164 + 40,647,154 + 8,309,667 1,658,283,942 7,301,799 742,945,549 649,579,395 3,798,908,885 cities) 1.7 4.2 +19.2 91,878,959 1,782,287,760 . 3,518,962,220 Columbia—Washington (8 ■ 5.7 +28.0 109,509,071 . Frederick Total ' + 89,472,000 42,338,162 Maryland—Baltimore of r r. 22,874,807 974,850,751 Carolina—Charleston District - -• 24,178,925 114,489,000 Virginia—Norfolk 7.5 +13.8 + +14.4 + 8.0 4,116,969,170 3,990,038,843 " 172,154,262* 436,554,967+ 161,318,327 + 2.4 V 5,577,207 26,448,278 22,973,000 3.1 232,292,282 228,935,302 6.7 10,716,455 9,972,929 419,50(8,145 409^128,843 * + 11.9 171*2*0*9*153 157,883,737 V','; 865,749,520 834,903,124 + 379,320,025 6,753,609,021 4.4 31,143,550 2,564,498,936 + 14,453,118,389 + 4.5 + ,, I* 5,400,448 % 19,761,000 24,794,000 4.5 235,538,882 239,337,213 7.5' 9,313,146 11,060,097 8.0 7,051,751,450' 33,635,483 2,870,625,779 15,097,049,097 5,506,597 15,L.. + v + + . - + 15.1 + * 7.2 — 6,009,313 + 26.6 — 428,970,326 2.5 405,416,608 '+• 8.4 141,005,954 156,110,058 + 3.7 818,289,138 863,925,191 . Sixth Federal Reserve District—AtlantaTennessee—Knoxvllle Nashville 153,821 ,650 740,083 195 • Georgia—Atlanta 2,080,600 ,000 Augusta 139,450,313 + 10.3 612,202,130 585,520,484 4.6 35,140,512 733,238,487 - + 0.9 3,060,183,618 2,763,035,186 + 10.8 158,040,707 > + 12.6 8,441,500,000 7,661,400,000 132,638,098 + 10.2 461,000,000 + + 12.0 8,879,752 112,949,024 106,106,532 + 12.8 6,947,278 5,098,807,863 704,454,169 4.6 290,591,297 4,409,450,102 269,423,452 + 18.5 307,100,384 2637258*583 + 12.1 16,736.604 17,041,736 140,639,985 + + 10.2 32,689,084 + 16.0 148,589,696 31,904, 779 27,517,429 + 15.9 124,142,062 Macon 29,493, 314 25,911,251 + 13.8 119,686,096 1,300,734, 232 1,189,166,042 9.4 5,332,421,186 198,060, 534 163,710,146 Florida—Jacksonville Tampa Alabama—Birmingham + + 21.0 809,765,271 1,327,041, 253 1,123,430,021 + 18.1 5,224,509,158 Mobile 74,581, 841 65,598,521 + 13.7 302,000,775 Montgomery 41,118, 035 32,083,213 + 28.2 Mississippi—Hattlesburg 37,798, 000 160,301,558 36,428,000 + 3.8 156,848,000 84,185, 409 77,656,786 + 8.4 351,003,605 11,498, 514 + 9.8 47,369,521 + 9.9 2.9 + 0.4 155.277,561 + 7.2 'V 436,300,000 8.2 8,740,960 *6.1 7,042,244 778*90,011 285,022,203 309,359,009 +~1~6~7 302747*6.407 267,179,700 1.8 17,508,360 17,856,575 Seventh Federal Reserve Michigan—Ann 285,088,310 v +. 1.9;> 152,195.034 447,200,000 . 'A*. 8,122,683 : — : . 6.4 46,294,171 + 2.3 10,468,349 3,308,668 + 13.0 15,294,392 13,982,550 + 9.4 836,310 1,094,224,000 + 14.0 5,013,584,000 4,639,730,000 + 8.1 320,418,000 6,567,780,310 + 12.7 29,919,401,068 27,150,426,765 + 10.2 1,605,690,844. 0.1 3,633,453 3,420,858 21,193,915 20,637,871 11,465,2*35 12^876,1288 780,577 862,897 757,832 251,715,000 ... 257,014,670 206,369,888 +10.4 1,504,279,120 1,449,690,192 + 6.2 3,709,493 3,938,493 + 2.7 20,718,907 20,250,946 —11.0 107493,53~7 137393,815 1,454,993,999 •; District—Chicago- Arbor- 16,158,078 Lansing Muskegon Bay City 66,738,339 V V 66,827,633 + 28.1 14,016,788,000 12,120,001,000 + 15.6 39,318,246 86,660,969 + 18.9 191,404,289 383,193,955 168,446,614 346,182,468 + 13.6 +14.t 20,368,042 59,131,188 Rapids Jackson + 20.0 2,805,627,000 46,746,813 99,408,777 Flint 13,467,262 3,594,246,000 Detroit 15,244.745 + 33.6 78,651,393 71,132,431 + 10.6 55,216,866 + 7.1 238,507,341 224,362,511 23,148,456 7,265,555 Indiana—Fort — 7,399,172 7,400,221,931 cities). + 8,203,824 :y 3,737, 187 (16 Grand .+ 430,000;000 1,247,655,,000 Vicksburg Louisiana—New Orleans Total + 34,152,528 157,354,269 ' ' Jackson Meridian ■ 32,759,460 + 14.9 147,383,000 318,612,149 37,908,,988 Columbus „•> 34,033,818' I + 14.9 1,812,900,000 Wayne 77,838,377 V 20,540,518 7,064,120 .+ 12.7 96,570,309 85,961,430 2.9 32,167,013 33,303,098 + 64,519,598 + 20.7 Gary 144,061,149 117,922,230 + 22.2 555,104,793 Indianapolis 435,437,325 386,436,848 + 12.7 1,747,481,385 7.1 192,804,598 4.4 76,948,933 South Bend 47,158,696 44,030,433 Terre Haute 20,259,988 + — + 10.7 + + 12.3 — 259,618,216 + 15.4 V-'V 3.9 VI" 12,098,110 —10.5 5,307,351 5,103,007 1837264,879 176,288,669 Watertown 9.3 246,028,565 + 9.5 3,229,977,519 3,030,366,972 8,510,415 + 1.1 137,099,499 37,345,995 — 10,844,940 Sheboygan + 723,115,126 8,606,768 11,496,757 5.7 46,819,449 51,894,296 — 1,670,973 — \ 223,443,427 + .■■■.+ 1137578,000 185,656,130' 85,969,053 16,589,111 1037586,000 17,828,513 6.0 56,766,350 Milwaukee Oshkosh 1579*98,183 7.5 15,716,992 + 11.9 1,649,166,093. .„..;+ ,v 791,841,354 Wisconsin—Madison 3.4 496,210,860 299,601,021 21,182,970 51,925,000 — 6.3 ; ' — 13.049,453 9.6, - ' — 7.3^ 10 %- 102,289,000 — 12,325,843 2,3*2*7,000 12,331,252 5,177,181 5,166,512 19S7585,620 169,8*07.443 + 10.1 + 6.6 : V 0.7 9.8 1,934,819 —13.6 4,470,409 3,761,493 + 18.8 21,946,532 17,098,365 37,437,302 35,952,423 4.1 151,133,017 147,504,716 + 2.5 9,637,968 8,537,092 288,981,399 258,775,856 + 11.7 1,117,542,459 1,053,944.531 + 6.0 74,062,483 68,584,292 +- 8.0 64,047,026 66,643,578 96,602,848 88,457,763 9.2 381,451,294 360,012,425 + 6.0 24,570,627 22,647,371 > 8.5 21,309,685 21,394,265 6,026,287 5,397,522 15,487,853 + 11.6 14,502,897 8,674,452 10,814,331 5,855,217,533 5,488,765,195 Peoria 34,793,706 59,964,333 32,271,132 67,990,478 Rockford 60,400,973 38,860,790 57,182,722 34,104,367 3,905,169 3,347,046 11,970,796,927 Manitowoc Iowa—Cedar Des _ Raplds. L Moines__ Sioux City Ames . 3 Illinois—Aurora Bloomington Chicago Decatur + 7,345,797 9,4G5,531 9,520,438 8,968,168 23,081,456 22,189,093 + 4.0 64,465,281 35,972,783 + 0.7 37,335,893 + 3.8 2,002,806 2,036,474 1,746,136 1,847,905 + 6.7 22,935,061,014 22,181,876,088 + 3.4 1,380,617,094 1,334,723,876 1,298,539,239 1,300,292.994 + 7.8 142,384,355 138,624,680 + 2.7 6,960,043 8,027,283 . —11.8 225,287,413 278,786,471 5.6 248.913,339 231,473,965 + 13.9 150,342,935 + 16.7 14,235,985 10.576,522,103 + 13.2 47,056,892,761 1,649,511,070 + 12.9 7,374,999,868 21,878,920 5.9 103,832,925 4,712,137 3,401,740 + 38.5 •90,424,324 785,930,668 cities).. + 12.9 64,944,871 817,777,850 664,344,411 3,293,017 2,866,091 14,830,658 (31 + 28.4 6.4 23,179,093 Sterling —21.9 —19.8 — 1,862,246,152 Springfield Total + 15,626,685 3,684,616,049 3,175,406,767 8,357,404 8,027,007 —19.2 13,651,780 17,859,939 17,822,644 20,211,585 + 7.5 14,601,622 15,097,676 13,251,154 13,213,280 140,596,747 + 6.9 9,023,866 8,337,148 7,376,725 7,190,456 13,465,352 + 5.7 43,831,304,255 + 7.4 1,904,875,106 1,836,335,168 1,808,385,824 1,791,323,961 + 4.8 380,100,000 389,200,000 16,561,277 7,038,331,342 89,331,611 14,401,044 + 21.1 3,994,516,661 3,534,613,860 + 18.3 3,249,060,875 2,903,607,208 + 14.9 13,010,266 12,363,911 5.1 57,291,578 61,142.428 + 16.0 14,809,273,450 13,653,791,404 + - +, 3.7 Eighth Federal Reserve District—St. Louis— Missouri—St. Cape Louis Girardeau Independence Kentucky—Louisville Tennessee—Memphis Illinois—Jacksonville Quincy Total (7 cities).. 7 + — — 4.5. 383,300,000 401,200,000 + 13.0 224,527,031 199,796,555 +*1*2.4 217,945,425 + 119 181,169,799 152,949,363 + 18.5v 158,404,526 6.3 3,507.631 ».5 792,504,461 + 16.2 + 15.0 + — + 229,358,262 ; , 162,465,272 5.2 3,*4*4*8*056 + 1*7 757,393,974 >+ 4.6 74 6*8* 186 3,625,644 759,918,137 784,649,178 3 Volume Number 6161 , , The Commercial and Financial Chronicle . (2423) -Month of April1962 Clearings Ninth Federal Reserve 32,657,318 32,442,358 1,933,870,861 + 17,565,573 + 849,108,750 Winona 734,631,684 ; 5,507,799 Falls Dakota—Fargo Fergus Minot Huron ' 1 \ Great Falls Helena r Total : - cities)— 3,392,998,420 Tenth Federal Reserve District—Kansas Nebraska^—Fremont Hastings . City— 3,202 ,314,878 3.2 21 ,097,379 13 ,317,043 3.1 47,173,221 183 ,086,426 47 ,048,005 49,777,657 50 ,988,247 69,858,172 71 ,457,779 196,284,448 183, 644,03a Kansas—Manhattan 26,889,782 113,888,460 182,1837895 97, 859,910 273 ,113,530 281,445,694 ' ' 2.1 ' 9,497,569 2.2 6,935,152 Wichita . + 12,894,339,670 7.5 + 757,639,222 2776 20,450,318 15^237,536 3.1 — 7,221,970 7.2 ■ , „ 1.6 + 20,839,107 4,607,703 + 1.771-.865 150,577,806 •' 190,415,344" +17.9 59,312,482 7,454,499 77476,992 157470,546 13~959;92~3 767,232 072 685,884,383 731,924,340 730,025,440 ' 1.9 + — 139,356,703 161,993,469 3,200,416,715 19,271,995:- 3,462,971,007 - 29.9 22,676,751 8.0 8,244,676 0.2 236,352,979 ' ' 1,351,828 ■ 1,052,468 1,026,172 + 19.5 10,785,828 + 8.2 14;042,371 201,413,982 V 183,215,419 9.9 181,891,407 193,430,563 + 1.476.881 + 17.7 8,252,269 243,396,609 — 2.9 15,505,636 2.9 34,478,240 13,827,660 32,033,904 1,446,335 0.1 — 11 671 489 8.796.265 32,328,550 33,040,227 + 12.2 463,973,806 5127385,923 4.8 15,000,864 18.187,850 7,363,498 + 20.6 8,496,429 6,539,034 733,669,131 + 11.5 726,607,722 788,954,740 8.1 606,830,518 589,625,480 + 25.4 23,612,912 20,818,901 1,997,256,230 + 12.8 9,054,136,739 8,492,988,471 6.6 50,391,763 + 19.8 527,033,495 469,527,336 241,432,350 226,700,363 + 6.5 4.3 14,227,560 2,312,097 13,580,182 12,568,657 11,624,796 + 8.1 308,389,780 299,186,494 3.1 1,267,658,832 + 3.0 8,879,703 818,298,617 __ Springs. ! 33,243,833 + — + 26,669,869 1,036,243,522 + 24.7 943,437,187 4,865,444,481 cities). 7.4 + 23.0 2,213,030 (14 + 1,259,088 978,196 11,883,848 60,384,455 Denver 5.1 1,202,937 4,940,200 j 6,193,675 City St. Joseph Carthage + 14,205,236 ' + 17.5 2,253,445,071 Missouri—Joplin Kansas 47664,235 ii»o + 17,1 ..+ 9, ,655,803 13,823,860,250 +14.3 2.8 + 16.6 — * 114,606,315 + 10.8 117765,811 6.9 + 116 ,391,816 + 28.0 .4,839,260 ? . 1,913,645 L 8,265,912 503,637,572 6.1 23, ,070,393 2.6 — ■V..' 3876567026- 59,190,987 - 8,357,145 467,401,065 2.2 7.9 8,225,059 494,110,697 ; 49,096,828 893,364,205 5,985,179 : Total $ 2.4 5.8 ,'s. Colorado—Colorado 1959 $ 0.3 3.1 9,369,569 511,521,461 > Omaha Oklahoma—Tulsa i960 4.1 194,207,608 r— Topeka Dec. % 8.4 13,859,307 1.1 + 2,967,770,581 5,202,465 Lincoln Parsons Week Ended May 12 Inc. or $ 6.2 + 44.7 61,177,945 -2,452,036 ' 3,399,381,866 22,876,495 + 4,957,671 20,705,657 67,804,481, 2,401,363 (16 1961 $ 3.7 + 28,276,603 26,509,135 . Lewiston ; 1962 8.2 69, 156,251 — 38,834,902 7,176,195 29,000,036 143 ,464,896 8,388 ,673,281 71,729,521 + 17,231,857 41,835,925 ;— Montana—Billings 138,944,619 9,073,439,516 + 24.1 11,376,596 • - 16,230,837 0.7 6.6 + 11.2 10,772,943 11,729,553 1 or Dec. % +• 3,011,685 11,111,655 ; Falls Inc. $ + 15.6 45,509,490 Dakota—Aberdeen Sioux 1961 + 15.0 4,952,720 3,737,394 46,022,829 Forks Grand April 30- 1962 or Dec, % 18,727,964 Paul South Inc. 2,223,377486 Minneapolis Rochester North $ District—Minneapolis— Minnesota—Duluth St. -Jan. 1 to 1961 $ at— 51 4,330,377,101 + 113,495,783 4,274,863,132' + 12.4 + 13.4 + 1,230,123,300, 132,353,701 9.8 :+ + 16.6 - 3,871,633,945 19,554,567,916 + + 10.4 18,211,181,203 7.4 + u Eleventh Federal Reserve District—DallasTexas—Austin 69,061,059 Beaumont El Worth 1,188,828,485 / 102,526,000 8,532,062.358 25,289,348 Texarkana + 9,600,591 58,926,1-97 32,547,805 + '■ 15,087*380 16,874,852 7.5 491,326,681 542,360,379 42,940,907 43,083,725 5,635,000 4,951,000 0.3 42,633,680 6,169,000 44,850,001 + 9.6 0.5 + 14.5 + — + 13.8 •' 99,558,451 ■* 40,100.631 248,805,877 2.3 + 31,821,748 - -42,438,135 1.2 + 13.8 520,861,035 8.7 + , 16,429,455 . 560,168,145 A 5,632,121 - ■ 108,976,659 + 16.8 , 58,243,713 ; 3.7 + 11.4 22,691,466 11,213,603 Louisiana—Shreveport + + 7,452,179,230 7,911,224 ■ + 14.5 757,408,852 103,020,000 18,696,193 4.2 — 1,084,782,607 . 822,936,817 + 19.4 r + 11.4 111,656,217 .9,610,397,583 . . + 18.9 1,741,732,263 8,201,881 262,247,449 106,976,776 11,001,051,260- . -+. 0.8 168,736,444 . 24,041,000 Falls_ 292,261,537 0.7 + 21.3 2,080,247,989 Wichita 7.0 + 18.8 23,849,000 Arthur Port - 200,644,663 Houston — 2,277,960.455 247,101,859 . 299,805,269 Galveston + 27,025,337 2,706,C30,769>: Paso Ft.- 64,515,461 , 26,827,533 Dallas 9.5 + 4,476,069 3.1 5,342,176 14,788,568 15,463,313 —16.2 5,303,044 7,440,963 4.4 14,898,268 16,870,949 6.7 575,418,053 634,029,265 7.0 208,052,957 228,329,544 7.5 6,381,356 6.232,770 5.8 — 256,685,334 ....■ — A: Total (11 cities)-. 5,510,097,311 + 18.5 4,649,559,813 >. -i - 22,479,905,709 19,809,364,102 y +13.5 646,704,882 r r V > .V 606,130,704 + ,f. 4- Twelfth Federal Reserve District—San Francisco— Washington—Bellingham Seattle 7,414,814 882,405,016 +17.9 30,186,971 27,236,175 + 10.8 68,456,062 58,124,611 + 17.8 27,847,453 23,509,692 956,388,722 . Idaho—Boise _— Oregon—Eugene Portland ■ Utah—Ogden Salt +15.9 ^ 8,590,828 1,040,606,229 .. Yakima Lake 1,076,372,903 41,209.464 — — City 528,082,829 ; :• 410,406,057 277,811,870 237,032,006 + 17.2 93,921,881 + 16.7 • 109,634,781- V V 4,177,435,752 + 10.8 324,576,199 57,138,985 55,031,961 . . • . + 2,164,929,841 214,615,474 6,516,693 0.9 . + 10.3 156,119,786 7,043,303 + — u , ,, , I, 235,294,183 + 5.0 243,458,975 237,833,221 112,025,377 246,986,010 + 13.3 1107035,060 1Q7~933^455 7.3 + 1,950,006,892 * 1,634,760,072 3.8 + 229,669,226 "" :• +26.4 r . 3,789,070,470 167,516,954 +14.3 115,471,994 - + 13.1 + 12.9 232,521,667 - - + 11.0 1,344,347,026 ' 116,518,921 + 13.0 106,521,030 ' Arizona—Phoenix California—Berkeley Long Beach 29,657,225 . 3,697,022,004 - + 12.5 - 461,839,479 . 120,254,991 +18.5 37,189,805 - v • 33,516,122 4,183,085,364 V - + 21.6 223,206,249 ! 456,177,928 126,889,310 + ———. 4.2 — 0.1 r- \ _™_—— —— 8.4 3^334,800 35737+881 —13.8 li72~24,415 2279"l877li " 456,784,693 29,080,628 26,639,222 — * 46,253,189 Pasadena Riverside Santa Total Grand ' Outside (a) = 4,055,303,588 3,479,380,688 166.593,691 , 75,972,092 72,565,494 + ^ 170.579,392 254,955,753 279,695,881 120,358,596 + 19.0 + 14.9 104,731,623 15,552,207,274 17,868,001 15,410,454 8.8 — + 14.9 — — + 11.3 829,042,572 791,708,451 + 4.7 6797n4,769 729793+984 9.6 44,070,368 42,642,492 + 3.3 37,528,200 35,845,092 + 13.0 16,063,331 13,558,361 + 18.5 11,543,454 12,042,747 + 0.1 15,316,846 — 5.6 16,399,589 14,797,473 +11.4 13,972,403,417 1,556,604,032 1,480,055,066 + 5.2 1,362,073,575 1,431,239,878 29,987,607,430 27,923,468,615 + 7.4 25,827,861,669 24,929,569,359 12,538,968,700 + 5.1 12,384,821,039 12,710,256,744,, + ' — cities )i.—- total ■ +16.6 198,182,712 - + 72,476,214 - — 6,875,340,635 '+ 15.6 7/122,696,970,690 68,251,337,391 60,512,594,670 Clearings operations discontinued. 697,231,222 263,537,595 0.9 139,740,458,583 cities)—i— (173 * 763,829,334 4.7 7,947,288,259 York • ."■■■ 233,195,665 284,195,343 + 283,664,174 ' '-•"71,839,653 New 195,943,728 3.7 + 11.3 27,270,786 i < — ___ . . (18 66,416,866 ry,L—___ t Barbara Stockton + 11.6 41,448,428 r-' 63,966,435 30,353,888 Francisco:-!'--., San '. *. Sam Jose • i— 1. __— " ; ' 30,992,722,965' 27,825,190,636 >+13.9 558,422,809,667 518,704,150,019 + 7.7 + 12.8 271,883,499,374 249,802,095,624 + 8.8 ■; 13,172,041,633 ,< 16,218,796 "Estimated. FOREIGN EXCHANGE RATES Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily to the Secretary of the Treasury the buying rate for cable transfers on the different countries FOREIGN of world. the EXCHANGE We give below CERTIFIED RATES BY MAY Country/ and Monetary Unit Noon record for the week just passed. a FEDERAL 11, 1962 RESERVE TO Buying. Rate MAY for Friday * May 11 17, BANK 1962, Cable transfers Monday May 14 $ w TREASURY in New Tuesday May 15 * ..... TO $ UNDER TARIFF ACT United States OF J York (Value in Wednesday Australia, Austria, peso .00986689 pound 2.240764 schilling Belgium, May 16 May 17 S * Finland, France United .00310700 .204050 .204050 .250003 .250025 .210637 .210775 .210750 .210728 2.812980 2.813140 2.813200 2.812600 : • - .00161062 .00161066 .00161000 .00276266 .00276283 .00276208 .00276233 .327766 .327700 .327733 .327733 .0800560 .0800560 .0300560 .0800560 .278300 .230779 Africa, pound .278287 .278300 2.785287 2.785346 2.784752 .140259 .0350333 .194250 .278300 2.785128 - .140250 .140250 .140229 .0350375 . .0350416 .0350416 .0350416 .0166506 .0165506 . franc South Kingdom, .00161100 .140256 ; ON THE JOB .210693 2.784316 escudo of .00310700 .204050 .249981 . ' .278300 : krona Republic .00310700 .249975 , .0800560. peseta Switzerland, .00310700 .204050 .210562 .327700 _ guilder Zealand, pound krone Spain, \ ~ .0200850 .919062 .00276191 dollar Norway, Sweden, .204050 .00161100 malayan peso Portugal, V . ■■ 2.812160 _. Netherlands, New .210587 .249987 franc— mark yen Mexico, .210587 v .00310700;. deutsche lira Malaysia, .210587 .0387000 .0200850 .919062 " new 2.241115 .0387000 .0200900 .918515 .210562 markka India, rupee. Ireland., pound Italy, .0387000 .0201017 1 (Metropolitan), Japan, .0386666 .921093 s .00965384 2.241593 .924062 . rupee Germany, , 2.241545 .00963475 .0201017 dollar Ceylon, .00959984 2.241418 .0387000 franc Canada, .00952380 Money) Thursday . Argentina, 1930 INCLUSIVE .0166506 .0166506 .0166506 .194250 .194300 .194331 .194283 .230884 , .231009 .230925 .230970 rand 1.400826 1.401235 1.401315 1.401344 1.401046 sterling 2.812160 2.812980 2.813140 2.813200 2.812600 ...for you 52 The Commercial and Financial Chronicle (2424) Consolidated Diamond Of the Twelve Federal Reserve Banks Louisiana 57/a% (In millions of dollars) Increase( + ) May 16, Gold certificate 1962 account Redemption fund for 15,007 F. R. May 17, May 9, 1962 assets— 1,158 notes Public South gold certificate Eight 1+132 + 16,165 reserves Cash and U. S. advances Government Bought f 360 (370) . Discounts Acceptances—bought 5 % 502 — 4 — 6% year 5,506 77,. — .: 16,992 3,752 Wi'43t DX Oil + Manufacturing due non-cumul. July 1 219/ 1 1708 Jun 1 2305 A—Jun 8 June class ._ stock series B Employers Reinsurance Corp. State Oil Co.— Empire stock preferred 35c Semi-annual 2199 Jun 20 (quar.) ? bought under outright__— repurchase 29,454 65 + agreement 65 — 2,964 Ennis Erie Total U. S. Gov't securities- 29,454 Business Forms -H .V , loans Total Cash items Bank in and securities—— 29,767 of collection- 6,079 process Other assets Total 167+; + , + 1,270 assets 1 ~230 + 68 1,172 + 2,337 — 52,714 > 952 — 236 — +2,281 + 107 premises. + LIABILITIES— Federal S. 28,301 bank — 17,108 + 160 + + 239 + —'V 10 + 24 + liabs. accrued and 413 + 333 + 798 + 712 dividends : 29 2,240 and and combined capital F. accounts of the statement Federal of Reserve + 1,172 .4% — —3.2% 108 eliminations the are districts and and decline net a comparable industrial week a loans of 10 + made in 36 — the Fansteel Corp., 90c these American pfd. conv. similar week $39 million. in 1961. Real consol- Federal Life & deposits adjusted decreased $714 million in York City, $132 million in the Cleveland District, $110 million in the San Francisco District, $105 million New Paper Boa.a Resources Federal Screw Federal Sign & Signal, common preferred (quar.) 4.60% pfd. domestic to commercial (Marshall) Trust preferred and of Plastics (N. Y.) called stock common number gives the location in the current volume (except where otherwise indicated) page in which the details (initial) ■. 1962 ■ ASSETS— NOTICE OF investments and Loans investments Commercial Loans Cleveland, St. Cincinnati, Louis Division Date Chicago 1st coll. St. & 4% Louis trust Pago 9,330 120,369 adjusted** —1,540 + 9,097 + industrial loans (quar.)___ (Chicago) (quar.) May 24 2259 U. bonds + 1,095 5 + 192 32,898 Consol. S. Other 3%-6% bonds, series A, due Jan. 1, 2039 Youngstown & Ashtabula Ry.— 1st general mortgage bonds. Jun 15 U. * Pittsburgh, May 3i Government S. PARTIAL Alberta Municipal 47a% Allied debs, 5Vi% Pictures cumulative Baltimore 4787o Gas 5 Va% Union 1st Central 1, Columbia 5Vi% due preferred stock— June 15, 1986 due June 1, Consolidated bonds series Co., Inc.— due Gas Co. 1, 47/8% Industries, debs, due U. debentures convertible Far S. _3Vi% SS due debs, 2150 Jun 1 2031 due June 1, 1987—Jun Lines, Insured series due Joseph Light 1st 5% Securities 4%% & 2152 2152 June debs, due July 1, 1 2036 due 1981 & 5% SS debs, series bonds due June 1, 1989 Investment Co. of St. Louis Jun 1 2080 jun l 2197 1, 15, 1963 Vermont National 1985—Jun 1 2305 jun i ~ dollar 4'' preferred series due (BrattleboroK- stock _ Gas White Motor Wisconsin Llght Co- 5%% cumul. Natural Gas Co.— «r5^%^.firsllntge- bonds Woods Gas Light 5'/4% 5%% Co. 1st mtge. — : .____ totalt Crushed gen. s. f. ic oiqq ~ —.July 1 « 15 22 A ISSUE 53 + 1 + 886 6,501 + 46 + 1,989 June 1, 1979 Jun 1 2199 CALLED June 1976 1,273 — 278 — — — 2711 138 + — 301 — 79 30 —3,937 61,818 !'• —1,253 + 2,766 +•< 137 + 126 98 — 338 + interbank Other 428 — —3,844 + —2,020 — 2,377 52 — 243 + 342 — .« 516 + 1984 — 295 — 26 11 — 1,005 105 + + 84 + 7,101 16 + 100 + 3,863 7,971 + 92 + 2,181 3,420 — 6 + 623 192 — +5+53 2.125 +8 127 Reserve Banks 1 36 4- p Frouge Jun 1 2150 General Trailer 25c 6-20 5- 5-25 5-11 6- 4-23 (s-a) Ltd. (quar.) t$1.25 Common + — 154 + 130 loans to 13,237 domestic reserves: commercial 12 + individual loan banks 775 + Geco items and are after shown de¬ General (San Francisco revised. District), (quar.)— 5-18 1 6-15 1 6-15 6-15 5-15 6- 5-11 Ltd. Stock Coil General Corp., Corp., quar.)—_— Advertising (quar.)_____ Steel General Telephone $5 com. — _____ Telephone Telephone Telephone & 2 1 35c 6-15 6- 6-14 6- 5 5-24 5-11 6-19 5-14 8- 1 7-2 8-1 7-2 6- 8 5-18 6-30 6- 6-15 5-28 9-15 8-30 8 ' (quar.) 5-22 7- 1 5-22 7<r 1 5-22 7- 1 5-22 66c 7- 1 5-22 7- 1 5-22 6-1 5-4 of 6-1 5-4 62 Vic of 6- 1 5-15 5-15 ■ Kentucky— Ohio— 55c of 6- 1 56 Vic 6- 1 $1.25 (quar.) Telephone Co. 6-30 California— (quar.) Co. 5-28 27VaC 22Vic ... (quar.) Co. 4-27 6-15 54Vic : (quar.) Co. 5-25 55c (quar.) (quar.) cf 6-15 6-29 59%c 53VaC (quar.) 6- 1 Pennsylvania- (quar.)' & 5- 40c 30c : (incr.-quar.)—___ Electronics,— (quar.) preferred 5-15 5-31 5-25 45c — (quar.) Telephone Co. preferred 6-15 6-29 30c $1.18% (quar.) preferred preferred preferred preferred preferred Tire 6-12 ." 19c Utilities preferred preferred General 7- 2 1 5 30c (quar.) Industries preferred 7- 50c (quar.) (quar.)— Public Preferred 8-15 $1.25 (quar.)— Cement preferred General $2.20 6- 5-25 93%c 32Vic. ______ Equipment, $1.60 General 4V2% 5-15 6-15 45c ;— (quar.) 5% 9 6-28 30c , ___ preferred General 6-30 6- 12Vic common $4.75 4.36% 7-10 9 5c (incr.-quar.)___— (quar.) Portland 5.28% 5-31 30c v ___— (quar.) preferred 4.75% 5- $1.12Vh —i (increased Corp. Precision 1 (quar.)_, com. (quar.)__ Foods 4.40% 6-1 6-15 25c (quar.) General Outdoor 5-21 45c (annual)-— Fireproofing Co. General 6-15 8 6- 5-15 J25c 25c (quar.)_ Corp. General 6-30 6-1 5-10 . 12Vic (quar.) : General General 5-31 10c 50c —i__ Products Motors 5-25 Investors— Co. $5 preferred 5-15 1 7-2 5c (quar.) common General Finance Corp. General 5-22 6- 5c (quar.) Drive-In 5-31 2% American General 5-15 7c (quar.) preferred Cigar 1 6-21 6-11 $1 dividend General 6-1 6. 30c (monthly) A Ceramic Co., 1 7-2 10c (quar.) (monthly) Acceptance General separately. 1 7- 25c (quar.) Mines, General all 1 6-15 17Vic (Springfield Service Co. (quar.) Gas 322 i50 5-18 1 7- 10c. 56Vic Knitting Mills, class A (initial)__ Light Co. (Uolumous, Ga.)— 5V2% ACCOUNTS valuation figures 5-24 Garland 156 — Co. Gardner-Denver Gas General 2 5-18 6- 5c Battery & gross. t May 6-15 ; common Insurance Corp. demand deposits except those of U. S. Government domestic commercial banks, less cash items in process of collection, t Includes certified and officers' checks not shown separately, s Includes time deposits of U. S. Government and postal savings not •Preliminary 5-18 56V4C 15c Canada of Futterman Corp., class Class A (monthly) General of 5-18 6-15 dividend) Fruehauf 3° — _ 5,344 liabilities 11 Includes 6-15 15c (quar.) Inc. (quar.)__. Frosst (Charles E.) & Co., class A 4% preferred (quar.)— 330 + li948 — of 6-20 111.)— Life (Stock 4.25% Exclusive 1 6-15 1 11 — 40 199 + 31.857 banks CAPITAL 5-25 7- $1 •—: (quar.) 5% pfd. A Dairies, Common Federal 6-7 6-15 ioc 20c (quar.) Foster-Wheeler Corp. (quar.) Foxboro Company (quar.) +10,549 63,438 528 deposits political subdivisions others shown 1, 7 — 'i0b Ltd.— due + 2,371 n,002 time From duction Stone series 1,377 __ Governments, official institutions, etc. * Date Cut + 442 675 2306 15 Co.— debs, 402 — 45^869 * Jun 1982— bonds, series C, due & — 3,432 institutions, etc. From jun mtge. bonds—Jun preferred stock'— Jun Company and Issue— 5Vi% 233 4,228 and Canada 1,058 5,528 and Commercial 1 90c Co. Borrowings: June first due SePt- ENTIRE + ".<-+ savings deposits — totals I Individual, partnerships & corporations: Savings deposits oioa 8-13 7- $1.12Vi * preferred $3.75 Domestic (quar.) common Co. Motor 5-14 5 $1.25 Flying Tiger Line, Food Mart, Inc. (quar.) Ford 5-16 1 9- 1,110 19*. 89,217 ___: savings (quar.) Cdrp. Motor , 1 6- t30c . 6- + 39 1 5-31 7Vic _** 15c 129 6- 6-15 30c + 1 6-11 3% (reduced) Freeport Sulphur Co. — 6- « — Friden, 155,651 political subdivisions and Y.) N. -4-30 - 15c Steel $4.50 Governments, official Commercial banks States (Syracuse, 125 4,759 _ 1 Commercial ^iyH "" : Savings Bank .__ adjustedfl Demand deposits Time Deposit Company, Foremost 5-21 6-11 669 Foreign: 1977— _— & deposits Other Corp.— June Tokyo Electric Light Co. Ltd.— 1st mortgage gold bonds, 6% Florida 6-15 9c 50c (s-a)-/ 5c preferred General 2196 2079 City) $4.50 Foreign: i 1 55c Lake + 2 667 assets/liabilities and (Salt + LIABILITIES—, * 1 7- (Portland)— Oregon 3 12,555 Banks banks net——: — 16 — Domestic interbank: 1986—Jun 6-15 16t 13,639 U. S. Government 1 1 — 1,473 States 5% June 1, Reserve domestic 2154 Co.— due Federal 2304 mtge. due assets 196 4,565 1 July 5-18 7- — 14,798 ___ 15 debs, debs, Total Philippine due — years with 150 + 31,667 securities—total Jun jun 5% % due June 1, 1968— Southern Union Gas Co. 5Vi% debs, Texas Eastern Transmission 6% Other — 3 — 2 1,659 year with Balances + 13,913 _ commercial banks —Jun 1976 4-10 6-11 __ 701 Individuals, partnerships & corporations 1981__ Power 5 15 — 17,539 1 Mutual Bonds 1 2,272 Currency and coin Inc.— Marine 6-22 6- 47Vic Franklin — loans domestic Reserves Demand 1977—— 1, Merchant Pennsylvania Electric Co. St. 1 1 —Jun Inc.— June China Bear series Eear 2150 1 debs, due June 1, 1964 subordinate East Gov't 2031 1978—-June debs to 403 3,276 loans Government 1 335 + institutions: ; Within + 184. 106 foreign banks estate 442 — 1,418 finance, personal finance, etc.— to — 2,357 carrying: securities After 5 years Other securities 1 6-22 1 2% preferred 4Vi % Treasury bills Treasury certificates of indebtedness—_ Treasury notes & U. S. bonds maturing: 2150 Jun Michigan Wisconsin Pipe Line Co.— 1st mtge. pipe line bonds, 57/8% series due 1980 1st mtge pipe line bonds, 6 >4% series due 1977 National Research Corp.— 5% 1 due 1982— 47/a% income subord. year Paciiic * Inc.— Kerr-McGee 5V4 % 15 • June Getty Oil Co. 15 Oil S. * May 23 debs, Natural cumul. U. 15 Jun W 929 * or securities to Other Loans Co.— mortgage Systems, Cigar Real 2256 Jun 1986 pur¬ , 15 Co.— Power series H 5 '/a % Jun 1987 Gas 1 Co.— Community Public Service Co. 4%% General . __Jun Corp.— bonds, general Corp.— 1985— convertible Gas mtge. Maine & May 15, Electric & debentures Brooklyn 1st June for securities purchasing Other Loans Page 1 8- Co. Ford Loans to nonbank financial * REDEMPTION Date Financing due Artists for Government Sales Company and Issue— dealers and + * carrying: or loans Other „ brokers 367 — 1,377 Other securities Philadelphia Transportation Co.— of (quar.) preferred (quar.) $2.25 .preferred .B (quar.)_^ 4.954 39 $4 5-22 8- dividend Flintkote + 5- 5-10 6-22 7Vic Fittings, Ltd., class A (s-a) Fleming Co., new common (initial) 5% —1,669 75,063— and chasing Rv.— mtge. to '1961 1962 ■ 122,028 adjusted** TENDER May 10, (In millions of dollars) Total loans and Loans Agricultural loans Company and Issue— May 2, 9 5-25 5-31 56Vic (quar.) Corp. (M. H.) Co. Stock 3 10c dividend Fishman 2 5- (Washington, D. C.)— Corp. & 5- 5-25 10% —____________ Trust 5-1 Co.) 45c Bank First 6-11 5-21 10% Stock decreased 2 6-1 3c Marshall Field & dividend Southern Increase ( + ) or May a,* given in the Chronicle. were 7- Quarterly including ing tenders, and the 5-15 (stock dividend) Insurance Quarterly Decrease (—) Since those called under sinking fund provisions. The date indicates the redemption or last date for mak¬ 1 50c General Corp., common preferred A (quar.) Bank 1 6- 37Vic (quar.) Financial s 9 6- 6-15 15c Chemicals & 5-31 6-30 5- 5-15 (Del.) Corp. 6-15 7-16 5-28 1 Fund Filtra-Sonic Corp. First $129 million. bonds, notes, for redemption, corporate 5 6- (Md.) (see Capital $150 mil¬ banks 5-21 6- 31 Vic ;— Security Loans 1 22Vic First lion. 6- 6-15 25c & Stock 5-1 5-18 Republic Corp. of America (monthly)__ decreased 5-15 5-1 6-1 27c (quar.) National Bank Banks 5-28 6-1 5c First Reserve 5-24 6-15 5-31 (monthly)- First Federal 8 1 28%c (quar.) and. savings. deposits^ kiGreased .$199» million reporting member banks: / - V, than 6- 7- 6-11 <quar.) First 1 6-15 Works Mfg. Stock 6- 37Vic Corp. Bank Metal $2.25 6-19 Creek) — Mortgage Assn. Fidelity & Deposit Co. Firemen 1 27c National Fields 6-1 c 18% (quar.) Federal . 1/ 6- 1 25c (Battle National . list a 5-15 (quar.) Casualty First other Fund Notices 5-22 6- 6- 25c & Federal Filtrol Chicago District, $82 million in the Boston District, and by lesser amounts'* in all but three other districts. found 6-15 20c Borrowings- of weekly reporting member banks from be 6-15 50c 25c Fiat * 5-11 8IV4C "■ ——^12 Vic Warehouse (quar.)_^.__ 30c — Federation " 5-4 )6-30 (quar.) Insurance Life Fidelity 5-4 1 Insurance— Federal Field 1 6- 35c Monthly Holdings of Treasury bills by weekly reporting mem¬ ber banks decreased $442 million; and the combined total of Treasury notes and U. S. Government bonds 6- 6-15 (payment aptax of 25% )„ Federal-Mogul Bower Bearings "Other" loans decreased $19 million. 5-16 22Vic Quarterly $1.25 5-18 1 6-1 - L. 50c (quar.) 5-15 9- 6- -6- ■ $7.50 Compress Federal increased in the Redemption Calls and Sinking $1.09 (quar.) (Germany)— G receipts Traders & Fed-Mart Corp. decreased loans estate deposit 'Syracuse) Fedders Corp. $102 million. Loans to brokers and dealers for purchas¬ ing or carrying U. S. Government securities decreased $442 million, and their loans for purchasing or carrying "other" securities decreased $184 million. Loans to sales and personal financing institutions decreased $196 mil¬ lion, as compared with a decrease of $83 million during at all will 25c $1.45 $1.68 less German prox. Farmers during the loans Hoechst A Farberwerke most Total time Below -:~5-25 46Vic • ~,r preferred (quar.). Metallurgical Corp. Federal $39 million; ago, year in decreased increased $39 million. correspond¬ Figures in parentheses idating process. Commercial Demand __; — + 2,337 acceptances on foreign — 5 liabilities 34.4%. puvchased for 71 — Resistor 5.80% justed, $402 million in holdings of U. S. Government securities, $271 million in holdings of "other" securities, $1,253 million in demand deposits adjusted, and $516 the to reserves note R. liability 31 + ~~49 — 52,714 v— Contingent + 61 gold certificate deposit + + — 888 accounts liabs. of 1 + 1,221 75 51,311 454 capital ents. + in— Surplus Ratio 5' 79 ACCOUNTS— paid Total V 4,628 liabilities CAPITAL + 18,307 availability cash items Total Other 361 deposits Deferred condition weekly reporting member System in leading cities shows the following principal changes for the week ended May 9: Decreases of $867 million in loans ad¬ 131 211 Total The banks 118 627 — Capital + 1,166 account reserves- Treasurer—general 5-21 5-21 35c 17Vic Corp., common (quar.) 3%% preferred (quar.) ____..—. Fafnir Bearing Co. (quar.)— Fall River Electric Light Co.— million in U. S. Government demand deposits. Other Other 11 + , Member U. notes Reserve Deposits: 6-11 6-11 ■ - FMC i ... 4 - > (quar.)__ Condition Statement of Member Banks 2,787 + 6- 5-15 ' 5c (quar.) Gas Co.,. common (quar.)^ 4.36% preferred (quar.) Equity Corp., $2 conv. pfd. (quar.) 177 — 5-15 5-25 20p Employers Reinsurance Corp. (N. C:) Emporium Capwell Co. (quar.) , Equitable Total Held 5-15 5-15 ___ * Ltd.— issue. '•$}' 6-., 1 _— 717 + this in . _ 1965 1, pfd. 1 6" — 1964 1, 5-15, '6-15 Corp., Special •Announced Payable 0/ Rec. ; 40c • . Holders When Share (quar.) 6% conv. pfds (initial) ' " • 15c: r~ 6-15" Ltd.—' *■' ~ American deposit receipts (final) 9%' 7-11* Emery Industries (quar.) —1 25c 6- 1 Empire District Electric, com. (incr.-quar.) *' 41c* 6-15 5% preferred (quar.) ' $1.25 6- 1 4%% preferred (quar.) $1.18%;-'" 6- 1 Elwell-Parker Electric (quar.) ; 60c 6-15 > July Corp. Electrosolids Corp.— cumul. Co. 0/ Company Elliot-Automation, 2,503 + ■ 4Vi% Co. Name Electrolux 799 + 340- — Dec 2305 Per 2154 -V Co.— June Sunray —1,055 524 + debs, Service due 2196 1964 4% 3,204 Certificates subord. Public May 31 — stock— Platinum & 2262 \ 1, 1964 Inc.— 1, outright— Bills Gold debentures Woods securities: pfd. Jun 2 stock————Jun 15 —Jun 29 1985 1, cumul. Steetley of Canada Ltd.— 5Va % gen. s. f. bonds due 39 — 167 + 33 - 924 — 1 — 280 outright 34 — Jan. of Indiana, conv.'preferred American DIVIDENDS Continued from page 15 Co. cumul. Southeastern Total due 4 V4 % Co. Monday, May 21, 1962 . 2151 Co.— bonds & Service 4.80% —1,056 mtge. Field pfd shares cumul. pfd. stock $1.50 Pittsburgh Coke & Chemical Co.— 3Vi% 1st mtge. bonds due Nov. 1961 35 — 1st May 31 —May 31 cumul. $5 Co. Corp. Service Gas Marshall or Since Decrease (—) Cigar National Page Date Company and Issue— Consolidated Statement of Condition . . — 5-15 of Wisconsin— (quar.) Rubber, — new com. (initial)- 10c; 5-31 . 5-15 5-18 Volume 195 Number 6161 . . The Commercial and Financial Chronicle . (2425) \ Name o1 Company , .. When Per , Share Holders General, Waterworks.Corp.— Hershey x" preferred (quar. preferred $2 (quar.) 80c ' Stock dividend Gerber Products Giant Food, Gillette Ginn > Formerly A Class Shale A Class A Globe Corp. 12c Security System (quar.) R.) (2-for-l Stock Grant 12Vic :V 5-31 5- 8 5-31 4-13 5-25 4-23 Horner 1 5-18 30c 7- 1 6- 4 Hot 7- 1 6- 4 6- 1 5-10 Hotel 5-18 U7Vic 6-30 6- 1 1 5-24 1 5-24 Houston 1 5-24 Hubinger Products (quar.) net 9- 1 5% 1 5.12% 6- Bond income Fund ' Power 5-10 $.09 5-31 5-10 5-31 5-10 (quar.) (2-for-l 5-10 4Vi % 5- $2.75 1 9 Hallnor 6-11 5-25 Idaho Power, 6-11 5-25 Illinois 9-10 8-24 Imperial 12-10 11-23 6-11 5-7 Income Gas A.) Z_ Z. ZZ common I Harcourt, Brace & 5-18 4Vi% Industria Electrica 5-18 6-15 5-18 5-18 6-15 5-18 3.90% (quar.) preferred Mining Helm's Hercules New $2 Powder class Class & A Class A Class A Class A Class A Class A Class A Class A Class A Class A Class A Hermetic A 1 6-15 7- 1 6-15 7- Z 7- 6- 1 5-10 7- 2 6-4 Interstate Securities Z~ 6- 6-15 30c 5-25 6- 27 Vic I4%c 8 7-15 7-15 7-15 7-15 5 5-15 - 5-16 7- 5 7- 5 7- 5 7- 5 ZZZZ Z 6-12 5-23 12c _ 6-12 5-23 12Vic 6-12 5-23 12%c 6-12 5-23 ' 13%c ZIIZ 6-12 5-28 5-11 15C 6-15 l5c ZIIZ 6% preferred Investors 6% Iowa preferred Electric, 6-25 5-23 50c 6-25 5-23 _ _ ZZZZ_ ZZ" _ $ 04166 6-11 $04166 '7-10 6- 1 Z_ZZZ~ ZZ~~Z_ZZ_ ~ ZZZZ ZZZZZZ Corp., class A (stk. new dividend) 4.80% com. preferred (initial) Common 7- 2 4-25 8 5-25 6-1 5-16 6- 1 5- 6- 1 5-15 ;• 1 Stock Iowa (quar.) preferred preferred Iowa (quar.) 10- 1 11- 1 12-10 1st 11-30 11-16 5- 7 1 5- 1 6- • 5-11 Labrador 6- 5- 4 6- 1 5-11 Stock 6-20 5-22 6-15 5-15 6-15 6- 1 9-15 9- 1 81/4C 12-15 12- 1 5-21 4-30 6-14 6- 6-29 6-15 6-29 6-15 71/2C 14c 6-15 14c 6- 1 6- 1 6- 1 •5-7 1 14c 7- 2 14c — 7- 5- 2 7 6- 6 6- . 6 14c 8- 1 7- 6 14c 8- 1 7- 6 40c : 6-12 Ltd. 271/aC 5-11 4-30 UlVic (quar.) Corp., class A (quar.) (annual)— 7- UOc 6- 1 150c 6- 7 20c 32c Lake (quar.)— •40c UOc 6- 8 5-11 6- 1 5-15 Class A Class A Lamston 5-29 5- 6- 1 5-15 Lane J50c 6- 1 5-15 Laura 6- 1 RR. (quar.) (quar.) (M. Inc. 5-31 4-27 LeTourneau G.) (quar.) 2 6- Lear, Inc. 5-11 Leath & 5-16 Leece-Neville 6-30 6-15 Lee H. Lee Way 15c $1.25 1 6-30 6-15 7- 1 6- 8 27Vic 7- 1 6- 8 6- 4 5-17 7-2 6-12 6- 1 5-18 Company D. Co., Coal in Levine's 6- 1 5-22 LNC 1 5-22 47Vic 7- 2 6-15 7- 2 6-15 7- 2 6-15 6- 1 5- 2 6-11 5- 2 24c 6- 5- 4 93%c 6- 1 Co. 1 5- 4 6- 1 5- 4 $1.05 6- 1 5- 4 39c 6- 1 5-21 44c 6- 1 5-21 35%c 6- 1 5-21 par) 5-18 1 1 5-10 6- 1 5-15 5-17 6- 1 6- 1 5-16 6- 1 5-10 1% 5-10 6-11 5-11 7- 1 6- 6- 5 5-25 6- 5 5-18 9 6-20 6- 6-11 5-31 5 5-31 5-10 25c 5-31 5-10 25c 6- 1 5-10 5% 6- 1 5-11 15C (quar.) 6-15 4-30 6-15 4-30 10c — (quar.) (stock div.)— com. 7- 6 6-15 6- 5 60c * 7-20 10c (quar.) 6- 9 5-21 1% 6- 1 5-11 $1.31 V4 preferred (quar.) (S. C.) (quar.) — (quar.) Casualty Insurance Co. 6- 1 5-11 5c 7- 2 6-15 $1.25 6- 1 5-10 (Tenn.)—15c Insurance of Co. Virginia 6-10 5- 30c Quarterly Life 1 6- com¬ —______ (stock dividend) Liggett & Myers Tobacco & 6- 2% Cement Libby, McNeill & Libby 51/4% 6-15 r Libbey-Owens Ford Glass Life ($1 Corp —— Extra 6- 9-14 12-17 3 dividend) dividend Inc. 9-28 7- 10c (reduced-quar.) 1 1 10c & 7- 6-15 12V2c (stock L.) 7-10 5-10 20c Co. Stock 6- 1 6-29 12-31 10c (B. 1 6-15 6- 35c Salt 7- 5-15 8c (initial) common Navigation Portland 1 t31%c dividend)™ (quar.) & (One-for-one Lemke (stock (quar.) new mon shares) Reduced 7-10 75c Inc. Company (quar.) Motor Freight Corp. Lehigh 5-15 117 Vic Candy (R. 1 1 1 6- 5-10 7- 5-22 11- 6- 25c 4-27 5-31 25c 1 1 6- 6-30 11-15 12 % c (quar.) (quar.) 5-31 t75c 5-10 138c Co. Shops (quar.)_ Laurentide Financial Corp. Ltd.— 6V4% preferred (quar.) Lawter Chemicals, Inc. (increased s-a) 12Vic 8 5-18 25c H.), Inc. split.: Secord 6- : 25c Investment & 6-for-5 stock Bryant, 1 6- (quar.) com. Lamaque Gold Mines, Ltd. (s-a) Lambert (Alfred), Inc., class A (incr. quar.)) Ishpeming 4-27 5-25 5-21 2.92% & 1 10c 5-21 Superior 6- 5-22 10c 5-15 6- 5-25 4 (Richmond)— Quarterly 5 4%% preferred 7% Public (quar.) Service, preference (stock Ltd., 50c 6-10 Lindberg Steel Treating Co., Inc. (111.)— Class A (quar.) 21c 6- 1 5-10 60c 6- 1 5- Lilly (quar.) dividend) 2% 15c 5-29 6- 5-10 8 5-18 t20c 7- 3 5-31 x$1.75 common (quar.) 7- 3 5-31 (Eli) & Co. 6-29 6- (quar.) $1.10 6-10 5-17 Stock (quar.) Original Stock (quar.) Original Stock (quar.) Special Stock (quar.) Special Stock (quar.) Special Stock (quar.) Special Stock (quar.) $1.10 9-10 8-17 $1.10 12-10 11-16 $1.10 3-10-63 2-15 Original 5-31 Original 5-31 6% preference (quar.) xl Vi % 7- 1 5-31 6- Water Jantzen, Inc., Supply, A (quar.) 5% -preferred (quar.) 8 5-18 $1.25 common (quar.) 6-29 6-15 $1.25 6-1 5-25 55c 4 12 Vic Inc. (initial) Lipe Rollway Corp., class A 5-31 preferred (quar.) (quar.) 7-30 8 Little Miami RR.— 1 $5 Co. 8-15 1 Jamaica 5-18 3%c Littelfuse, 1 E (quar.) / 7- 5-25 6 5-10 6-15 5-21 7- 1 6- 6-18 7- 7 1 6-11 6-26 5-31 xl%% 5- 7- 6-18 xlV4% xlV4% 4- 4 'n-;' * dividend (quar.) 5-22 5- 68 %c ■ . Superior District Power, 5% preferred (quar.) (quar.) 4-11-63 4 1 621/2 c 62Vic ■. Mining & Exploration LaCrosse Telephone (quar.) (quar.) $!o4166 ''V Acceptance preference B preference C 1 1 5- 6- 25c ; : Labrador t40c y 6- 1 8C (quar.) (monthly) (monthly) (monthly) (monthly). (monthly) (John) 6- preference D 3- 5-10 6-15 6- 1 6-15 5% 3-11-63 5-25 1 Y.)— Kresge (S. S.) Co. (quar.) Kroger Company, common (quar.) Krueger (W. A.) Company (quar.)— Krylon, Inc. (initial quar.) 5% 1 5-31 81/4C A 7% 2- (N. V B A 6-21 10c Class B 6- 5-14 50c 5 Vi % Class 5-15 5 30c Inc. Koehring Co., 5% Class 1 6-15 121/2 c Quarterly Quarterly B 6- 9 8'/4c Biologicals, 5-17 1 4 120c (quar.) 5-31 6- 6-15 6- c 60c $1 Knickerbocker Fund) (from income) Knudsen Creamery (quar.>_ '. 1 2-11-63 37 % Kingston Products Corp. Knickerbocker 12-31 12- 1-10-63 $04166 nreferred Class 97Vic (increased) preferred Jamaica 10-10 4.80% Kratter-Corp.— Class A (monthly) 6- 5- 5-25 1 2% 6-11 1 5-21 6-15 7- ^ Link-Belt Common Jacquin (Charles) et Cie Jeager Machine (quar.) 11-10 $1.18% dividend 1 7-16 1 15c 7- 6- 2 16c Liberty Life Insurance Co. (quar.) (quar.) 1 $ 04166 — .% 5-18 60c preferred (quar.). Southern Utilities Co.— 1 $04166 6c - 6-11 5% common 30c (quar.) Assn common 6-11 53 %c dividend Public Service, 3.75% Co. Land 7-1 7-30 6-15 $1,121/2 $1.12Vi preferred preferred (quar. ) Kollmorgen Corp. (quar.) 6-15 5-11 7- 40c (quar.) common (quar.) Quarterly 7-14 5-21 47Vic 8- 6-15 com. (quar.) 9- 17Vic 6,-15 t Z 6-15 6- 3c (quar.) 8-10 3% . (quar.) Keystone Steel" & Wire (quar.) Kingsport Press Inc. (quar.) Leslie I Power, 9-10 $04166 ~ 6-30 6-15 Lehigh common $ 04166 $04166 ~~~ ZZZ _ •12-13 6-30 $ 04166 (monthly) (monthly) 9-13 6-30 Stock 6-14 J & Fibre, 7Vic $04166 _ Keyes Inc.— 4.30% preferred (quar.) Iowa-Illinois Gas & Electric— $1.76 (monthly).— (monthly)—, (monthly) , (monthly) (monthly)— Ketchum Keweenaw *6-30 6- 5-31 40c 5-25 5-15 6-29 6-15 t6 V4C (quar.) 5-21 5-15 $1.25 6-15 5- 5-31 15c (quar.)"—. & 9-15 12-15 1 5-31 ;"7 $1.50 Light 1 6-15 5-15 of New York— Corp., 10- 1-2-63 6- 5-31 54 Vic (quar.)_ (quar.) Loan 2 5-23 2c 3.90% 4.20% 6-29 Co.— (initial) (quar.) (quar.) Funding 7- 18c A $1 Class B 5-23 12Vic ~ (quar.) (quar.) A Services, 6-15 871/2 c • 20c 4-30 68 %c pfd. 5-10 43c Leesona Co., 5V4% 1 6-29 .'-y: 1 Organization Inc. (quar.) Utilities, common (quar.) 4%% preferred (quar.) Kerite Company (quar.) ; Kern County Land Co. (quar.) Kerr-Addison Gold Mines, Ltd. (quar.) 5-31 Lines— Diversified Investors V Industries 5-21 27Vic preferred preferred Investors Class Motor 6- 17 Vic (quar.) $1.3144 (quar.) 4.36% (quar.) Interstate Motor Freight (quar.) 5 Vi % 8 Kent-Moore 6-15 21c Interstate Interstate 8 6- Kentucky 75c 4-24 6- 10c Co "f6-15 28%c (quar.) and Pipe Line, Ltd. (increased) Engineering Corp. (quar.) Interstate Hosts, Inc., common 5% preferred (quar.) 6-29 Appley— Seal International Textbook 2 2; t30c Interprovincial 5-21 8 5-15 Kendall 8 7- 7- 15c quar.) (quar.) Telephone & Telegraph— preferred (quar.) preferred (quar.) 4% 8-14 6- $1 % 7-16 6- 5-31 International 25c 25c (quar.) Hershey Chocolate Corp., preferred 5-25 21 Vic (quar.) (monthly) (monthly) (monthly) (monthly) conv. 8 6-15 5-18 25c 6- 2 5-18 8-14 1 2 26Vic Corp. (incr.-quar.) (quar.) 6-15 ' 5-18 1 1 9- $1.25 Lake (quar.) 9- 7- (quar.) Inc. Lambton Loan income 8-14 $1,121/2 (quar.) preferred 7c 7 profits) 6-15 23c Z common investment Utilities 1 10c ZZZZ (quar.) common Herman net net realized 6-29 25c Co. Express 7- 1 1 6- Ltd.— (incr. 1 8c Company, $4.50 Labatt International Silver 7 6- Fund—■ 27y2c (quar.) Telephone, Co. 9- 38 % C (quar.) Kennarr.etai. Kendall 5-18 $1.75 1 48%c 5% preferred (quar.) 5.10% preferred (quar.) 5j/2% preferred (quar.) Hecla 5-18 $2 5-28 5-11 10c (quar.) common ioc preferred (quar.) preferred (quar.) 5Vi% preferred (quar.) 4.80% 6- 6 Corp., 35c _ 5% preferred from from 7- 9 1 6- $15c (quar) 8-14 $1,121/2 (quar.)__ common Douglas, Ltd., class Kelsey-Hayes Co. (quar.) 6- 40c Resistance International 7-20 6- Co. 6-11 ? 25c, International (4c 6-29 5-18 Corp.— pfd. 8-14 1 $1.08% (quar.) Class International 5-10 (quar.) Lignt, 5-14 1 9- $1.05 (quar.) 20c Parts International Resources 5-22 1 & 1 69- $1 Kelly 7-15 6-11 6c Corp., class A (quar.) Petroleum, Ltd. (quar.)______ 5-18 25c (quar.) (quar.) common Paper preferred 6- Light Co.— Electric, $4 International $1.12Va 87 Vic f40c 6-12 8c ZZ 4V4% Hawaiian 2 (quar.) (quar.) (quar.) : 87 Vic 25c Quarterly 6-12 25c Markets Marx Co Furniture 5%% 8 8 5-11 $0.3593% Inc (quar.) Insurance (quar.) Agricultural (quar.) Hawaiian 66- 6- Y.)— Hastings Mfg. Haverty 7- 7- 5-14 preferred 57V4c (s-a) Harvester Co., 7% International 45c Fire Hawaiian 5-23 1 5-15 preferred Hartford 6-18 $$163 Super & 5-23 5 Vi common (quar.)__ International Investors, Inc.— (From net investment income) International Nickel Co. (Canada) 6.6- 6-18 5-14 preferred (quar.) 68%,c (quar.) ._; 1 6-15 1 1 3 Vi % $1.06Vi International 6-15 66- Kellwood 37Vic 7 $1 $150 Harris-Tetter Electric 8- 5-15 Chemical Schaffner 8-15 5-14 $1.05 6-29 75c 25c Co. (quar.) Richardson Hart, t$1.25 5-14 1 $1.08% $1.25 B 5-31 1 6- 6-29 25c Machines 6-20 6- $1 7-15 Fund— class Business 60c 95c 7-15 ■■■' $1.1244 Quarterly 8 40c Harrington & Hartford International 5-10 6- ; 1 4-30 ; Richardson, Breweries, 5-11 6- 6- ___ & Interior 6-25 ; 6- 1 6- (quar.) Co. foundation 5-16 preferred " '$1.25 * 'f rl2c Quarterly (from investment income) 60c J25c 121/2c Ltd., (quar.) Preferred Institutional 6- ; Harding Carpets, Harshaw Inland 5-15 10c International— preference A (quar.) Harrington 5-15 5-18 1 He (N. 1L _; (quar.) 1 6- 1 5-16 (quar.) Company $1.25 iL'. A 6- 3 Vi % $20c Steel 6- Kawneer $1.25 J; class $1.1875 __y 3 Vi % \.vr/. 7":./. Ingram & Bell, Ltd. Corp., 5-16 6-29 Mexico S.A.— Container 1 preferred (quar.) preferred (quar.) 12Vic (quar.) shares 14c • De 6- Kavanau Corp.— Monthly 40c American shares American 5-16 $1.1875 6-15 17Vic quar.) (quar.) 6-15 1 7-15 32c pfd. 1 (quar.) 20c preferred 6-15 $1.25 Farms 6Vi% General Power 5-16 6- Vi % 5% 5-31 6- 6-30 35Vic i_. $.225 Kellogg Company— 31 Vic Indianapolis Water Co.-— 5% preferred (quar.)_ Z Inc. 4-13 4 5-14 ,5-18 $.59375 20c Indiana ZZ World, Quarterly Hardee 4-13 $75c A (monthly) (quar.) Corp.v (quar.) 6-15 5C (quar.) (quar.) 6-15 6-15 1 : 31 Vic class 5-18 $1.12J/2 (quar.) preferred 5-23 93%c Water & 6-15 $1 06V4 (quar.) 6% 6- 7 Kansas 1 5 $1.03125 32Vic (quar.) 1 6-15 30c com. 3 6- 4% (quar.) 1 3.5c _ Refractories, 7- $1.25 7- 30c ZZZ_ ; (quar.) Co. 5-17 27c • 7- 70c (quar.) 4% convertible preferred (quar.) Hammermill Paper, common (quar.) Hamermill Paper, common (quar.) 4Vi% preferred (quar.) 4%% preferred (quar.) (M. 5-17 1 20c Properties, Indiana 5-25 Mining Co. Harbison-Walker 1 6- 40c (increased • preferred preferred preferred 4.50% 6- $1.25 40c Works Flo-Glaze 25c (quar.) Hanna 4.35% 7 V 6-15 split) preferred 4 8 6- 6- 6-1. preferred preferred 6* ^6-9 13Vic (quar.);_— common Tool $1.05 5% preferred (quar.) Hamilton Watch, common 5% 2- $1.10 Breaker, 4.60% $1.11 Handmacher-Vogel, Inc. Handy Andy (quar.) Handy & Harman, common 4.20% 1-28-63 ' Circuit $1.25 (increased) Mines, Ltd. Cotton, Ltd., 6 (quar.) (quar.)_ (quar.) $1.10 ; (quar.) Hamilton Hanna preferred I-T-E $1.27 (quar.) Co. 4% 7- 4% (quar.) preferred 4 25c (quar.) stock Halliburton 3.80% 6-20 (quar.) (quar.)_ Inland Hajoca Corp. 5-18 5-11 1 6-15 25c preferred preferred preferred 7-31 tl2Vic (quar.) 5- $1.29 (quar.) preferred (quar.) Co. A common 5-21 ■ $1.16 (quar.) (quar.) Water 4.50% "units" preferred 6- 35c preferred Hackensack 4.35% 6-11 7- 6-15 35c 3.80% preferred (quar.) 4% preferred (quar.) 4.20% preferred (quar.) 6-29 (quar.) 5% Huyck Corp., 5-31 $1.25 common 4 5-18 (quar.)— 5% $1.25 (quar.) preferred preferred 5-31 $1.25 4.64% preferred preferred (quar.)__ 6- 6-12 17Vic preferred preferred 37 Vic (quar.) preferred 5% 12c (quar.) Co., Utilities, preferred 5-10 34c . common 6-27 1'■■■ 5% preferred B (quar.) Huttig Sash & Door 5-31 $.08 RR., 4 '3 in¬ (quar.) Corp. 5-10 $.09 .: (quar.) preferred ' 5-31 $.012 _■ 7 6- $1 Products (quar.) conv. 5- , 5-31 25c ;• 4%% preferred (1959) (quar.) Kansas City Power & Light— V Common (quar.) 5-15 15c (initial-quar.) Industries, common & 4%% 6-27 common Foods 1 5-15 r-y'^vV-■- . Growth preferred New $0.15 Capital (from ordinary income) Guardian Mutual Fund, Inc. (from net Vitamin 6-15 5-29 v Power preferred Hugoton Gas Trust 5% Equipment Fund preferred 6-21 '".v." Shares vestment income) Gulf Mobile & Ohio 5-18 Hudson Hunt Fund Administered Petroleum 8 7- 5 5-15 2nd 6- 6-29 6-12 (quar.) preferred B $1.41 6-8 6-29 25c quar.) 8 75c (quar.). 15c Mining & Smelting, Ltd & Paper, common (quar.) preferred A (quar.)___ 12- 5c Capital Growth Fund Stock Y.)— (N. 5-25 6- - (quar.) 5% (quar.) 7-18 5-15 8 $1.25 __. (quar.)_ preferred 10% Co. 1 6- Chemical— preferred $1.12Vi )Pulp 9-10 35c . (quar.) investment Co. Common & 4%% 5-25 I Bay 6-30 1 5-11 1 1 (stock dividend) Lighting & Hudson 12-10 6- 6- Aluminum 15c preferred (quar.) 4.40% preferred (quar.) 6- $1.62 Vi 5-11 $1.25 convertible preferred (quar.)_; Household Finance Corp., com. (quar.) 3%% preferred (quar.) UOc (quar.) 5-31 Sutherland Paper Kahn's (E.) Sons Co. 6-15 (quar.)___ (quar.) (reduced Hudson __ 6-25 KVP 6- (quar.) 8- 6-15 62'/ac 5% preferred (quar.)_ Joslyn Mfg. & Supply (quar.) & Kokenge Co. $1.0614 O 7-10 15c ;. 5-15 5-14 (quar.). Co.__ Julian 5-31 i. __ B (stock dividend) Corp of America— ■ 6- 1 1 - 10c Class 6- 6- 6- 5-31 10c ._ 1 25c (quar.)_. 4%% Manufacturing (quar.) Shoppes, Inc., common (stock dividend) U5c 6-10 10-15 $15c (Frank W.), Ltd., class A (quar.) t62Vic 40c 10-25 40c 6-15 8- 93 %c Steel— Ltd.— 4% (Houston)— Laughlin Johnson Common Kaiser 5% 6-15 & 5-25 Hoskins 9 Jones 7-16 Club, 10c class A Corp. Hardart J70c B series preferred 6- $.02 States & 5% 1 shares Oil Horn Common 2 5-31 $45c dividend— 5-14 6- Machine $25c (quar.) 4-23 7- Lamson 5-15 (quar.) preferred Land 5-25 J15c _L Aviation-Electronics—Electrical Gulf B 6-11 40c ; Gas, Ltd 6Vi% pfd. Co., from Gulf Class Horizon 40c Store General 5-14 & 5-15 Corp., common (quar.) Company, 40c & Dunlap, Inc. Group Securities, Inc.— Common 1 Jones 1 (quar.) preferred 30c r ' (quar.) (quar.) Insurance Grossett $4.20 Hoover 93%c common ' Gas $4.44 4 20c (initial)____" common Life Winnipeg $4.40 5- 3% Greeley Grocery $5 1 6- T.) Southern 5.16% 6- 45c Johnson & 6-30 25c 2 $1 (quar.)_. 7- 13c Jockey 8 7-25 34%c Holders Payable of Rec. $1.75 ; preferred 6- 1 , & (quar.)_ 3%% Ltd Co., 5-15 6- _. (quar.) Light— 5-15 6- (quar.) pfd. 1 ile 25c Mfg. Co. preferred 15c (increased (s-a) preferred (quar.) preferred (quar.)___ $5.08 $4.25 & 45c new Greater Gulf 1 4Vi% Quarterly Quarterly Quarterly $5 6- 50% (quar.) Common Fully 6-15 (Wash¬ Great Lakes Power, Ltd. (quar.) Great Northern Gas Utilities, Ltd.— All Hooker Chemical 20c Lakes Dredge & Dock (quar.) Great Lakes Paper, Ltd. (quar.) Great 3 30c Great $2.50 Honeggers 8- split) Co. Valve 5-15 8-15 Stock Great Atlantic & Pacific Tea Co. $2.80 Homestead 5-24 6-15 Power preferred When • Share 7% 1 $1.25 . 6- 4% • Co., 6- 6-29 37Vic Mines, Central Jewel Tea —*__L (quar.) Jersey 6-15 5-15 (quar.)_ common Drilling, Ltd. Dauch, Ltd. (quar.) & 2nd Company, preferred (quar.) 3%% 5-15 4 r * (quar.) preferred A 6-15 2 1 25c (quar.)_______" Hollinger Consolidated Gold Quarterly : Hollingshead (R. M.) Corp. Homestake Mining, (quar.) Co.— Co., (W. 6- 10c dividend Granit'eville 6- A 22'/2c . Quarterly Union 7- A 2 Company Glass 6- 5c Manufacturing— * Stockholders approve a two-for-one split__ New common (initial) Co.— & stock Increased Grand 5-18 5-18 87Vic / Name of Jeannette 7' Hobart 5-15 6- 50c ' (initial-quar.) Government Employees Corp. (s-a)_ Government Employees Insurance ington, D. C.) (stock dividend) (W. 6- 6- 15c common Grace 7-13 10c Inc.- W.) 5-25 '6-25 1 15c (quar.) i Jewelry Corp., class ^ (quar.) Gorham Corp. (quar.) ,1 (H. Hinde 6-11 7-10 8- 10c (quar.) Gordon New Hi-Tower 7- Per ' 6-20 6- 20c $1.09% — conv. 5-28 6-12 13c _ Goodwill Stations, Inc. Goodyear Tire & Rubber Gossard 10c " (quar.)___ Corp., preferred 5Vi% ■. class Light Hotels 5% " ;_.—;______ Quarterly 5-15 6-25 * Knitting Mills, Inc. (Pa.)'(quar.)__ Goldblatt Bros., Inc. (quar.)_i— : Nugget. 1 Hilton Gloray Golden 6- Electric 6-30 10c (quar.) (quar.)____-— Hilo 8c ' 8c : preferred 5- 1 ___;— 1% 5-15 5 50c dividend Hill ...Corp. (quar.) Hill's Supermarkets, 8 £_ Newport Chemical, common preferred (quar.)__: 3Vi% 4%% ; (quar.) 6- 7Vi% - ._. A 1 5-25 Stock Heyden 1 6- \ • Inc. When Holders Payable of Rec. ,, Share (quar.) 5-28 27 Vic ;:(monthly)________ class 6- 6-23 10c * (quar.) (monthly) 6-23 6- 25c '1% __ Laboratories Globe Wernicke Industries $5 6-15 Creamery Heublein, 6-15 . ; Glaxo Brick Envelope, 'Globe $5 1 1 27 Vic (quar:)__:_ - (quar.) called Glen-Gery " class 7- .. _u:.__ (increased-quar.) Company (quar..)__ Group,, Ltd., Amer. dep. receipts— British income tax of 38%%) (Less 1 7- & Glaxo * 1 Inc., Company 6- $1.50 " —_— ______; Co. 6-15 J 20c $6 preferred (quar.U_i" Georgia-Pacific Corp. (quar.) ■' 50c _ Per : Name of Company Payable of Rec. 53 Stock 50c 6-10 5-17 50c 9-10 8-17 50c 12-10 11-16 50C 3-10-63 2-15 ' • . 54 (2426) Holders When Per , Name of Minnesota Oilfield^, Ltd.— deposit receipts (final payment approximately $0,076 per depositary Lobitos 5% American of B $2.40 ■Local 1 mance Preferred Lockhart Lubrizol Increased common 5- 9 6- 1 5- 9 6- 1 v : 5- 9 Missouri 6- 1 5- 9, M-ssouri Public Service, Stock dividend 6- 1 30c 6-11 6-25 25c 6-1.1 6-15 $1.21 — ER. & 6 6- 6-11 5-31 5-31 5-31 5-15 115c 6-15 5-16 18c 6-15 5-16 (quar.)__ Moore MacGregor Bowling (Texas)— Inc. Centers, Quarterly Mac Why te Company Red Madison (quar.) Mines, Inc. Fund, (s-a) Ltd. 15c 6-22 5-22 15c 6-11 5-18 1272c 6-15 5-25 130c (quar.) 6-11 5-10 — ___ Shoes, Maher 77c Corp., Ltd.— Conv. priority shares (quar.) Maine Central RR., 57* preferred Public Maine 4.75% Service, preferred (P. Mallory R.) Manhattan Manitoba Shirt ft Co. Mountain $1.25 6- 1 5-17 25c 7- 1 6- 8 7- 1 6- 8 1772c (quar.) 6- A (stock Class A (stock dividend)— Munsingwear, (s-a) Extra Manning, Maxwell & Marquardt Moore 5-14 6- 5-14 110c ™™___™__.._."— , 6- 6-1 120c . 4V4% for redemption Massachusetts ■Mastan 8- 6 Inc. (quar.) Electronics Maxson Department 6-15 7-20 series (quar.) Subject New (initial McNeil & Robbins Machine & 6-15 Johnson & 4% 5% Pictures Shoe 4% 7* 4% 1 6- 1 5- 4 6- 17c split —w' (initial) 1 5- 4 7- 2 ; •6-15 5-24 ' 5-<4 $.00% 7- 1 6-15 ,62 72c (s-a) Corp. Distilleries, Melville 6- (5-25 7- 1 6-15 6-15 5-29 (stock 40c 6-15 $1.75 130c 6- 57* dividend) 6- 1,10c preferred 5-29 1 5- 8 1 5-25 •5-31 5-18 $1.18% 6- 1 5-11 $1 (quar.) 6- 1 5-11 (quar.) Stores Fire Co. Assurance preferred Metalfab. Inc. Metromedia, Metropolis Stock Inc. Bowling preferred 4.35% preferred 4.45% preferred Industries, (N. States 5-31 5-18 ,5-31 4-27 6- 1 4 7- 1 6- 4 7- 1 6- 4 7- 1 7- 1 6-4 5-31 $1.11% 5-17 6- 4 15c 50c (quar.) 6-30 6-16 8- 7-16 $1.10 25c 1 5-21 5- 5-29 8c- ___ 5-16 4 ~ 25c ________ 5-31 5- 8 26 %c 5-31 5- 8 25c (quar.) (quar.) 5-31 5- 8 * (quar.) 25c 6- 1 5-15 IIV2C 7- 2 6-15 _ Insurance (Lincoln, Neb.)— United Life Insurance Rhoads Club, class A ft ' 10-16 6-12 20c 9-29 5-10 5-18 56 %C Corp. 1 5-18 15c 6-29 6-15 l'/ac 6-29 6-15 t25c Philipp 6- ___ 6-29 6- 1 Minneapolis-Honeywell Regulator— Common (quar.) convertible Minnesota Mining 50c preferred & Mfg.- ! 'X —*■— 1E — — ' * — ■" -*.*** , , 6- 9 5-18 75c (quar.) (quar.) , < 5-18 6-15 Atlantic Rubber Coast 1 67c 1 Pacific 1 5-10 Pacific Far 6- 5-25 - 4-30 6- 9 ' 5-19 6-15 preferred 6-5 National Union 5-21 Nedick's Stores Inc. Nekoosa-Edwards B Insurance (quar.) Paper, 1 Pan 5-11 5-15 Corp. Nestle-Lemur New Jersey Power & Light, 4.05% preferred (quar.) New Jersey New York Class New A $1 $1.01% (quar.) & Newfoundland (quar.) preferred (quar.)___ Mining Corp. (quar.) Electric, common preferred 6- : 1 6-22 1 5-8 6- 5 5-17 6- 6- 6- 7- 1 2 5-29 3.40% preferred 3.60 % preferred 6- 6-11 5-11 6- 1 5-15 6-10 5-31 , ' 7- 1 6- 1 8 7- 1 6- 8 6- 1 5- 6- 5- 1 4 6-15 5-18 7- 2 6-15 6- 8 6-30 6- 8 8 1 90c 6-30 6-30 6- 4.10% preferred (quar.) $1.02% 6-30 6- Share Corp. plus long-term Nopco 4% capital Chemical preferred Mines, Noriois ft A 6% 6% preferred 8 6- 8 7 quar.)__ 6-15 6- 6-22 6- $1 J55c 1 North American 572% -6% Investment, preferred (quar.) preferred 5-10 6- 8 8- 1 1 6-28 6- 6-11 5-31 1 American Refractories North American Van North Pennsylvania River Northeastern 4.40% Lines RR. Insurance Co. Water, $4 preferred 7-15 6-25 6-*2 5-21 6- 1 6- 1 5-18 65c 6- 1 5-15 15c 6- .5 5-22 772c (quar.)_ (quar.) ' 20c ' I ,t ^ , Northland 4.507c 7- $1 6 5-25 5-18 $1.45 (quar.) Ltd. (quar.) Bancorporation, common preferred (quar.)_____ 1 6-15 7- 1 6-15 7- 1 6-15 40c (quar.) 7- $1.40 $1.43% 7- 1 6-15 t50c 7-25 6-30 f68%c 6-15 5-25 tl5c (quar.) —____ 3272C $1.1272 5-15 5-31 6- ,.6- 1 , 7- 3 6-15 7 6-10 6-29 6- 6-15 5-31 $l 7- 6-15 7c : 5-28 $0,075 ^__ 1 5-15 5- 8 7 (increased) 5-24 5-10 50c (quar). 6- 4-18 4 50c 5-24 5-31 5-24 1272c Dredging 5-31 25c ; 6-22 25c ; ,6-15 5-24 6- 1 5-25 5-23 5- i9 5c 12c : $l5c (s-a) 5-29 $10c (quar.)_ common ;__ preferred (quar.) (quar.)__, .6- Products ' 1 14c 3l7ic 30c Co. (quar) 4c $6272C 20c 1 6- 8 5-14 "5-11 6-15 5-31 •6-15 , .5-31 7- 2 6- 1 6- 1 6-15 5-15 5-15 6-15 6- 6- 1 5-15 6-14 5-18 1 15c 6-15 6-1 i5C 9-18 9-4 15c (quar.) common ,.! $20c $35c common_____ pfd. (quar.)__ ; 6-15 5-18 Chemical $1.01 (quar.) Corp. Machine 6- $1.06 6- 1 5-15 6- 1 5-15 6- 1 5-15 :6- 1 *5-15 15c 6- 1 5-15 6-28 6-1 5 50c 3772c 7-13 6-14 22c 6-15 6- 6- 5-22 $1 10c 1 6-15 6- 5 1 Gear Inc. & Gas (quar.) Coke com. 5-21 6-11 5-18 6-11 5-18 6- 2 75c 6- 9 5-18 9-9 8-17 20c 6- 1 6- 8 6-29 6- 6- 5-18 $1.50 25c Corp., 4 5-15 5-23 5-31 5-10 6- 1 5-10 $1.25 6- 1 5-10 9174c 6- I 5-10 20c 4772c (increased)- 5-31 6- 1 5-15 5- 6-15 5-15 $1.3772 (quar.) (quar.) 6-30 6-15 3772c 6- 1 24c 6- 5 25c 6-15 6- (quar.) Chemical, com. (quar.) 5- 4 5-25 1 25c 6- 1 5-17 $1.20 (quar,) 6- 1 5-17 $1.25 6- 55c $1.75 |25c 1 5-17 6-20 5-29 6- 5-18 1 (quar.) preferred (quar.) preferred (quar.). 5C 6-22 6- 8common 4 15c Gas & 1 2174c split) 2nd 5-11 75c ___ 1st 5-22 1 1 4 30c $5 preferred (quar.)_ Pittsburgh Plate Glass (quar.) Pittsburgh, Youngstown & Ashtubula Ry.— 7 7* preferred (quar.) Placer Development, Ltd. (increased) Plough, Inc. (stockholders approve a two- Polaroid 1 6- Corp. preferred for-one 6- 30c (Maine), (quar.)__ Company Pittsburgh 5- 75c Inc. (quar.) Natural Aircraft 1 50c ; preferred 6- Co.— (quar.)- Hopewell 6-11 $1.1272 (quar.) 6- 6-30 $1.75 preferred & 6-15 35c 30c (quar.) Exploration, Pillsbury 57* 6-: 5 6-15 3 7* __^ Piedmont Natural Gas, common $5.50 preferred (quar.) $2.50 6-15 \ 5c Philadelphia-Suburban Transportation— Quarterly Phillips Petroleum (increased-quar.) 4 5-10 35c Fibre— (quar.)„_ preferred 4 1 5c (quar.) Philadelphia, Germantown & Norristown RR. Quarterly Philadelphia & Reading Corp. (quar.) Philadelphia Suburban Water, common 5- 5-10 6- 50c Co. Paul, $4.80 5-10 1 $1.16 pfd. (reduced) Corp., 472% $3.65 5-10 1 6- $1,027? Pfaudler-Permutit. Inc. "(quar.) iPhelps Dodge Corp. (quar.) Philadelphia Electric Co. (quar.) 57* 1 6- $1.15 com. 6- $1.12 72 (reduced) Common ' 5-18 $1.1772 | 7% preferred (quar.) 5- 1 5-15 50c Corp.-(quar.) common Circle Piper 6-15 5-15' 25c (quar.)_ com. dividend Pioneer 5-29 6 6 47* Co., new com. (initial)™ Peoples Drug Stores (quar.)___ Peoples Gas Light & Coke (quar.) Peoples Telephone Corp., common (quar.) 5-25 1 5- 6- 6- 2272c Publishing 5-25 7- 5-21 20c " ' ;___/• ; Non-voting 6-20 6-20 20c 3772c common 5-18 6-20 3772c 5-25 5-10 44c $1.37Vi 6-15 6-15 * 1 30c Telephone Utilities. 6-29 7-20 6-30 10c 6- 5-15 Northern Quebec Power, common (quar.) 57*% 1st preferred (quar.)___U Northwest 7-16 5-18 15c ^__$0.328125 9272C 1 (quar.) Ohio 5-31 5-11 5-10 6- (quar.) Northern 5-31 6-20 6-13 5-21 (quar.) (quar) Co., 6-13 6-29 25c ; Co. 6-29 3772c 1 $1 preferred 5-15 6- (quar.) preferred 1 $1.10 prior pfd. 5.757c 5-15 6- 3174c common Pennsylvania Electric, 4.407* 3.707* preferred (quar.) 4.05% preferred (quar.) 4.70% preferred (quar.) 4.50% preferred (quar) 4.60% preferred (quar.) Pennsylvania Gas & Water, 4.10% preferred :.(quar.) 5-17 (quar.) 5-15 1 1 9 • 1 6- 1 6- com 6- 6- 4272c Service, 6-12 6- (quar.) (quar.) 1 5-11 5872c (N. Y.) Public preferred ! 5-31 6-20 25c (quar.) 6-20 127*0 (quar.) (quar.) Northern Natural Gas, common 572% preferred (quar.) 5.807c 10c 34%c 37 72c North 7- * 5772c Petersburg 10-11 20c common 5 5 (quar.) Petroleum 7-12 11- J5c (quar.) 7- $3c' Extra 5-15 6- 15c Ltd. North American Car Corp.— New common (initial) ,1 7-25 (quar.) Peter 5-18 6-15 15c u (quar.) 5-15 6- preferred Perfex r 8 $1 Mining, 5-15 6-1 6-15 preferred Perfect 1 25c (quar.) 1 1 ,7 4.60% Perkins 30c (quar.) preferred 6- (quar.) (increased 6- 1U 6- Lta. A" (quar) Gold Metal Fruit Stock invest¬ (quar.)__. Ry. 5-15 3 25c __^ Inc.k class Co. Tube Pepsi-Cola undistributed common Ltd. Western Normetal net 6-30 6-30 gains) Co., Noranda from $1.21 Vi-' $1.3174 (12c »from 18c 5- 6-10 $1.25 preferred (quar.) Pepsi-Cola Bottling Co. (Long. Island) (quar.) 8 income 5-25 ^ $i v ___' 472% 8 ment 12- 25c (quar.)_ Co., Brewing Penton v 6-30 97Vic Niagara 1 10c convertible prior Voting ' 5-11 6- 45c (quar.) ___^ 5-11 1 $l5c (quar.) Co. '(quar) Penobscot 5-31 1 (quar.) L 6-22 6- $1.10 , preferred (quar.); 6- 6-29 45c (quar.) Pennsylvania Power Co., 4.24% ;4.64% preferred (quar.) 4 85c (quar.) '-! 6-1,9 6-19 1 6-11 4.68% 8 3.90% preferred 7- 1 : 7- 20c Quarterly Penn 8 6- 1 7-1 40c (quar.)__, preferred 5-29 I Parchment Peninsular 1 6- 4.85% 5-24 5-19 ** ; : (quar.)_"—_! Pembina Pipe Line, Ltd., 5% 1st pfd. (quar.) Penick & Ford, Inc., new com. (initial-quar.) _ 7- - 6- (quar.)— common 7 5-13. 6-11 $15c (quar) _!____ & Peerless 6-15 7- • 5-10 93%c __! 6- ' 35c 1 Pipe Line, (quar.) preferred Pearl ' 5-17 6-15 - 5 5-25 " 60c (quar.)_ 8 6-11 $1.19 ________ Consolidated 5% > 6-1 32Vic (quar.) 5-15 5-1$ 6- $1 Investment, pfd. Transportation B 7% 5-18 >. t60c t$1.25 Newmont Newport • 6-156-11 ' 10c ; America, (quar.)_ Peabody Coal Co., 5-10 1 :' r93%c $1.12 Vi i Light & Power ! Paper (quar.)__ Patino of Canada, Ltd. (resumed) Pato Gas— (quar.) preferred (quar.) 9c (quar.6272c ) Paton Manufacturing Co.-Ltd., 6- 40c preferred 4Vi7o 5-18 ' 5-25 6c Electric 1 '• " 6-25 , 12Vic T Co. 9 90c Eastern Pen Parsons 7-25 28c: (quar.) ' ' .-. of preferred Paterson 10-25 20c (quar.) pfd. v ,9 3772c ; Products Parkersburg-Aetna ' 5-17 8-1 5c 50c 47<? ,9 Tubes (quar.)__________ Supermarkets, (stock dividend) Sulphur Co. (quar.) Class 5-11 11-1 20c Co Brake State ' 5c — (monthly)— York $3.75 Zinc Air 1 6- ; 20c (quar.) (quar.) Electric System England 8 6-15 55c » J.) (J. 5- Hersey Parker 5-25 6- 20c Co. Newberry 1 $1.02 ■1272C:V (quar.)- ,Papercraft Corp. 4 6v ':25c (quar.) common 9 6- ' :i (quar.) Paragas, Inc. (quar.)__.:_ 'Paramount Pictures Corp. 5-4 20c (quar.) Neptune Meter Co., 5- 25c American Parmelee 5- 1 6- 6-1 '7Vic (quar.). A 1' Consolidated Corp. (quar) Vegetable Oil Corp. (Calif.) (quar.) Panhandle ,5-15 16Vic __: class 6- Tin Packer's ' (quar.) 5- 20c (quar.)_ preferred Page : 5-17 6-15 (quar.)________ Fire 5- (quar.) Robinson Hawaiian Pacific 7-16 6- Line, Finance Pacific 6-15 ,< . 1 1 50c Insurance 574 7c preferred - 6- 7 ;• 6-11 6- 9 : (quar.)_ Co. 5-18 6- __. (quar.) East -Pacific Gamble 8-16 . 57c Employers (Nash¬ (quar.)_ Tea ; .__ common Co., 6- 20c Machinery National 6-29 6- $1.05 Canadian 5- 1 6-15 v National Starch & Chemical 1 $1.10 / Co., class A' (quar.) Paper Co., $5 pfd. (quar.) (Oxford 1 7-13 •. 1 5-3,5 5-18 $1.1272 ^^____ : Mfg. Pacific ^ 5.607c (Md.) (quar.) ,1'.' Quarterly Northern Indiana 5-25 5-31 > (quar.)__ Mining Corp. of Canada, Ltd _ Insurance Corp. Power, 6- 15c (Canada)—- C' ', 6- 1 6-11 ' 27c (quar,) : Marine 6-28 6-15 , Assurance 6- $1.14 40c •Owens-Illinois Class, common 47c preferred ,(quar.) Pacific $1.12 Vi $1.75 Quarterly— 5-21 15c 30c (quar.) Class 1 (s-a) (quar.) Chemical's 6-30 (Fort (quar.)__H„ Products Safety Appliances Co.— preferred 7-6 5% Food Common 3% Life North 20c . High Kennel B 5-15 7- 96 Vic dividend Minerals 5-31 $1.08% _ Mickelberry's & , 95c (quar.) Water Life Midwestern 7a % Accident & (quar.)<_ 5-23 5- 4 1 6-15 "yr 25c * 8 6- 6-11 6- 15c $$1.75 (quar.) 5-18 25c 50c (quar.) (quar.)— ______5' : (quar. > Oxford 2% 37 Vic (quar.) J ___ Quarterly 4 1 Y.)— (quar.) class A (quar.) Corp. (quar.) Telephone (111.) preferred Midwest Mine Life ville) National 5.25% Mid-West Abrasive Co. Mile 1 6- (quar.) preferred C Middlesex Miller 6- 97V2C Plastics Common 5-15 6-11 10c .___ & Electric, common 4.40% preferred (quar.) Michigan Seamless Tube (quar.) Middle 5 6-11 (quar.) Michigan Gas Micron 6- 30c (quar.)_, Stock National preferred preferred A f South of V " • Ltd., class A preferred 6-15 (quar.)_—_ $4.50 7% approxi- Transportation Co. (quar) Owens-Corning Fibergas ' (quar)__ Newport News Shipbuilding ft: Dry Dock Co. 7y2c (quar.) preferred 5% Lead, 5 -15, , Utilities— preferred 6-1 30c Quarterly : Niagara Mohawk Power, 2% 3.90% '574% Gypsum. National 6-1 2 12- .1 56%c 5-23 87 7aC pfd. 3.85% Miami National Products 8 ' (quar.) $4.40 6-20 of Canada, Ltd., common _i__t20c preferred (quar.) J15c Food 5- Overnite 5-30 $1.0674 .1 5-15 (quar.) Inc. 3.80% ■ 12-20 60c National 8 (quar.")____ : A Tail 6% Vi% 6- Chemital Rockland Packaging 4%$> 5-21 . Centers, Edison, :-"! 6-1 . 25c (quar.) preferred (quar.) preferred (quar.)_„ National Drug & Chemical Co. 4 1 dividend Metropolitan 5-11 5- 4 Common 1 (quar.) (resumed) Class Outboard Otter 4% 6- 40c Corp., common (quar.) (initial quar.) 8 5-25 — 6-15 25C Y.) (N. 6- 5-11 5-11 • Corp.— 6- : (quar.) Thermit ft 7% Chemical & 87ac Corp. Merchants Metal Dairy ,2 25c . (quar.)__ Oshawa Wholesale (a $1.50 Monthly Mercantile ' 5- .1 . 40c (initial) common new 5- (quar.) Pottery & Pacific July 5)-_ on Distillers 3%7<j Mensh Investment ft Development Assn., Inc. Medford 5-10 stock¬ to 1 4.75%' preferred B (quar.)___. 47c preferred D (quar.) ; Orpheum Building (s-a)__ Osborn Mfg. (quar): : 5-23 - Y.) (N. subject Co. (resumed)— Products (quar.) National Corp.— preferred A preferred B (quar.) 27* Co., National h Class 42 72c W.) ft Co., common $7 preference (quar.) Mclntyre Porcupine Mine (incr.-quar.) Melchers .6-20 6-12 (F. Medallion 1 (Ohio) quar.) of {$i 6- • 1_____. Corp.I 1 New stock preferred preferred Means • -6-15 25c 6- Co.— Three-for-one New 37 %c Co. (quar.) (initial common 5-21 V 6-30 (quar.) 8 6-11 Castings National : 6-11 $1.3772 (quar.) common preferred ----- 6-12 , Corp., > Y.)-— Engineering 1 6- .Orange 6 6- 5c 7' 2 ; ' Y.)— N. (Okla.) Westchester of Biscuit 1 8 .6-29 15c Inc. 6- 6- 1 6272C 40c (N. Quarterly 47»7* 6-15 7- 100% (quar.) preferred (quar.) McKesson 5-15 6-19 5-17 quar.) Publishing Co. 5-15 i5-31 Common $5.50 1 55c (quar.) (stock dividend) approval of stockholders to 1 6- 150c Co. common McGraw-Hill 5-15 7- 2 !•-, 30c — 1 6- 85c preferred & 5-15 5-15 6- 20c (quar.) Company (quar.) (L.), Ltd., preferred (s-a)_ Corp., common (quar.) McCormick 1 6- 93 %C (quar.) Inc. 5-11 6- 1 5c 55c 1947 W.) Bank dividend National . 93 %c preferred McBrine New 5-18 6-15 preferred McCord Mead 1 9 (quar.) (J. 'Maytag Mead 6- 6-29 series $3.40 5-1# 6-15 6- 1945 $3.75 5-10 5-25 10c (quar.)™. 6- 25c -—4.—.____ _-_™ holders'approval 6-29 5-15 1 25c preferred $3.75 $2.50 Common National 7c common Onondaga 6 6-20 _ (Norwich, 5- ; 1 6-15 pld. $3.60 ! Trust ft National Bank of Tulsa 6- 110c — Boston of 1 (quar.) Oliver Tyrone Corp. (quar.) Olympla Brewing (quar.) 5-10 6- Coal Mathieson ™__ 4772C —; Fund (quar.)— Bank stock (quar.) Stores, Securities National ._ (quar.) 6- (quar.) preferred preferred Ben ''Olin ' 5-10 6-„ 1 • 6-15 5-31 5-31 26%c 12Vic $1.37% 55c —_ . Co. Chemical National 5-15 89c (quar.) C.) Old 5-31 25c .___ 5- {$1.1272 ; 472 7c Co., preferred Pacific Nalco 7-20 5-31 5c Company (initial-quar.)_ Conveyor (quar.) Mathews Mattel, Ltd. 5-31 2% (quar.).:; common (quar.) (G. Mutual 5-15 Insurance Life & Inc., 1 (quar.) (Oklahoma, Mississippi River Products Lines Quarterly 5-31 ' Power 4.407c 5-31 1 at $104 (quar.) Indemnity Massey-Forguson, Mays Murphy 5-21 6-22 6- 20c May Preferred above Electronics Mason 6-11 35C dividend on June 15 Maryland Casualty Co. (increased-quar.) plus 4.087c 5-31 Ohio 2% preferred (quar.) Corp. (quar.) .Murphy 5-14 1 10c —— called issue 1 30c Inc. preferred—: Entire 1 3 7* (stock Corp. McLennon. ft 6- 35c (quar.)__ dividend) (initial) Marsh Supermarkets, Inc. (quar.)!—_______ Marshall Field ft Co., common (quar.) Marsh 5%7c 5-14 120c 110c B 5-15 9c ; 6- ___: _1 pfd. pfd. (quar.)_ dividend 4.20 7c: 35c dividend) 5-11 1 Class 5-15 f6272c pfd. (quar.)__ Co.; 4.56% ' ■ 5-11 Co.— Coal Class A -(s-a) Class 5-26 Movielab Film Laboratories— : 6-11 35c 1 LJ_" Co. Stock 5-18 6-20 Supply (quar.)___™.._™_™ Movie Star, Inc., class A (quar.) — 59 %c Oil 8-15 7- 1 7-1 per Crankshaft Ohio Edison 5-31 Fuel (initial)— (accum.) (quar.) Saskatchewan Electronics .Ohio " :!, - . 1 6- Ltd. (equal to share less Union Inc. (quar.) Ogilvie Flour Mills, Ltd., 77c Ohio $3.50 3c ! (quar.)—_— common Co. Mountain mately $1.40 1 7- 2 6-20 6- 1 : 5-15 6- dividend)— Africa tax) 7-1 7- 1 40c 10c $1 6c 5-15 •6-1 "■ 6- .8 7-16 7- 2 ' (stock v ' $1.3174'".! *$1.1272 (quar.) .Oceanarium, 5-18 25c $1.75 ' 3272c ____1____. O'okiep Copper Co., " lc Vernon Mills,.Inc. 6-15 << 5-16 6-12 6-12 Co. 6-30 125c (quar.)__ & (quar.) Company (initial)-! (Henry), 4% 7* preferred Inc. 5-18 t25c 5c (quar.)__ t$1.18% Ltd. R.) preferred (s-a) \NuTone; 5-18 '20% Extra Mount Mailman 5-14 ' shares —_____________ quar.) 5-14 6-15 share Service— (quar.y. Norwich Pharmacal Co. 6- 1 5-31 : (quar.)—_ Morton Manufacturing Corp. (quar.) Motor Finance (quar.)_______________ Mount Diablo Co. (quar.) 5-22 6-22 (quar.) American Morrison-Knudsen 5-15 — Company (quar.)— Ltd. (quar.) Magnavox 5 _ Gold Lake 6- 1272c Madsen 35c (E. Morgan 5-15 5-30 5c ______ Corp., Moore —_™___™ii___™_, »■ 6-15 9* 15c per 5-31 5-15 25c Public (increased preferred — 6- 1 6-15 6-15 6-15 6-29 12Vic Montgomery Ward ft Co., common (quar.)— Class A (quar.) .*_ ' Extra (Italy) 92c hividend__ Stock 5-17 JllVxc (quar.) MacMillan Bloedel & Powell River Montecatini 6-15 5-16- (quar.) Co. 6-15 5-15 — 1 10c * — 472% preferred (quar.) ,Nova Scotia Light & Power, 57c 472% preferred (quar.) 47c preferred (quar.)_l j. 6-1 6-1 quar.)__ (increased , Payable of Rec. Share 574 7c 6- 1 $1.25 10c $1.05 87V2c 'A •;, .30c ____ (quar.)_ Chemical 8 25c (semi-annual) Tool , $1.38 (quar.) _•_ Common . 5-25 6-12 25c Montana-Dakota Utilities, common (quar.)__.. '35c 4.507c preferred (quar.)_________ $1.12Vi 4.707c preferred (quar.) $1,177? 5.107c preferred (quar.) ! $1.2772 5-25 b-22 6- Mills Monsanto 5-31 6-11 v Machine Approximately (quar.) Inc. Co. 6-15 7- 1 6-12 $1.07V2 -(quar.) Monarch Fine Foods 6-18 127zc i 6tock dividend) Products (quar.) Fixtures, Rubber Northwestern 5-31 %% (quar.) Monarch 5-11 0% 35c, Industries L 1 20c . 6-16 % Industries, common (quar.) preferred (quar.). i_.— Mohawk 6-15 6-30 25c - — preferred 4.20% 5-25 5-28 35c 6- (quar.)—60c (quar.) 18c A common common Monarch (quar.) Co. Store D 5- 8 class -372% preferred (quar.)'. 5-15 7-14 60c common (quar.)_ preferred Utilities, Mohasco 5-25 6- 125c 5% RR., preferred ( 5.52% Missouri 5-25 _ 1 6-12 75c (quar.) corporation Metal 6- 20c Pacific 4.30% 5-18 6-30 (quar.)__ 6- 1 7- 2 6- 9 7- 2 7- 2 7-2 6-16 ,____— 5-18 ————— (quar.) Missouri-Kansas Pipe Line, Class B 5-15 185c Brewing Co Lager Lyon *' 5-28 monthly—!_, Lunkenheimer S 1 —•— iquar.)__ Lykes Bros. Steamship Co. M 6- Silver Lead Mines Co.— Lucky Friday M 9 (Walter M'.), Ltd. (quar.)— Corp. (quar.)____—_____— Lowney .Lyncn 5- 127*c Nashville, ft 1 1174C — Corp. (quar.) Insurance Co. (Can.) Cement Louisville 6- j ; preferred Louisville Lucky '' ■y-?/] •'"!•'■•'•' (quar.) Star Gas, 4.84% 9 170c Aircraft Life London Mississippi Power, $4.60 preferred 4.40% preferred (quar.) 5- 137 7*c - _____ (quar.) 45,c $1.25 22%c 30c $1.15 $1.10 y $1 5c (quar.) common Gas (quar.)__ t70c (quar.) corp.— Co. 1 common (quar.) Corp. Lockheed Lone Ltd., 1st preferred preference $1.50 2nd Aluminum 6- (quar.) preferred Light, t4^c {4-1^0 (quar.) (quar.) Groceterias Loblaw & (quar.)_ Valley Natural 160c Cos., Ltd., class A Class Mirro 4-27 6-21 Loblaw Power preferred Minnesota Name of Company 5-11 Holders When Per Payable of Rec. Share Company Monday, May 21, 1962 Holdera When Per . Payable of Rec. Share Name of .Company V; i The Commercial and Financial Chronicle 7- 3 6-25 6- 1 2 4 6272c 6-25 6- 4 ~62%c 6-25 6- 4 * Volume 195 Number 6161 . . , The Commercial and, Financial Chronicle (2427) Per Name of Poor & Potomac Edison. Potomac $2.44 Power Company Company Electric Power, preferred Class A (initial Class B (initial) President pfd. 61 Vic 6-1 5-7 Schering 6-1 5-7 (stock div.) (quar.) Gold Mining, Gardner Stock pfd. Co. & Co. ance Progress •. Life dividend), preferred preferred (quar.) preferred of 'V: 5.25% New Pure v Power Searle 5-15' * 6-11 6- 1 6- 1 (G. Second > A 5-14 $1.16 6- 1 5-14 $1.22 Yu 6- 1 5-14 30c 6- 1 5-15 87'Ac 6- 1 T. & E. Ranco, RanK Corp., Purina Inc. A 5-15 6- positary share dep. to (increased Food receipts (interim) $0,027 British Mfg. 6- 1 Shenk 6- 1 5- 2 Sherritt-Gordon 6- 1 5- 7 Sherwin-Williams 6- 1 5- 1 6-15 1 6- Income 7- 6-15 -r-£-31 7'A% $15c . 7- $15c — 10- 1 7- 1 (quar.) $$1.50 & Co., Insulation class A Common (NJ) 11c 1 J5-17 6-15 66- Siscoe 1 6-15 1 5-31 5-18 Renabie Mines, Class A Class A Republic Republic Republic. Republic Ltd 7-18 6-15 T-5-I8 6-15 $10c 6-15 $27c National Steel preferred Co. Bank Corp. Copper (quar.)____ (Dallas) 1 25c __ 7- 2 20c 14c 6- 7-20 1 5-21 (5c from from & Brass 6- 1 1 investment realized Reynolds income and 5-10 30c common preferred (quar.) (quar.)_ A 12'Ac Drug & Chemical Richardson-Merrell, Inc. Oil Tool Riegel $4 Corp. Co., Textile class Corp., preferred A Finance Class 6% B (quar.)__ (initial) common : Rochester 4% Gas Co. Ltd., F common Rose 1 6- 1 6-15 8 (quar.) 8- 1 9 6-30 6-15 1 1 1 $1.23% 6- 1 6- 1 5-11 10c 5-16 Hass Ruppert Inc. 1 6- 8 6-10 Russell . Sons, Sabine 1 St. , „ Common St. & Paul St. Regis Paper Co., Fire & quar.) (quar.)— Marine 4.70% 5 % % 5-22 5-31 5-31 5- 5 5- 5 5-31 5- 5 6- 19c 5-14 ; „ 1 6- 1 5-14 25c 6- 1 5-14 1 34c 37"Ac $2.38 Co. / (quar.) (quar.) common ^ 6- 1 5-14 6-6 5-7 50c 70c 11- Inc. (Va.) 10-20 6-14, ^ ' 6-15 Service, 5-31 1 5-15 6- 1 5-15 $0,187 -i./ 6- (quar.)_ com. 6-27 6- 1 19c $1.10 common (quar.)_ j 5-15 6-15 6- 8- 7-20 1 4 12'Ac 5-18 1 5-18 6- 1 5-18 6- 1 5-18 25c 6- 1 5-15 92 "Ac 8-1 7-20 97"Ac :__ 1 6- 25c i. 6- 30c 28%c (quar.) preferred (quar.) preferred (quar.) 8- 1 7-20 Service— (quar.) preferred (quar.) preferred (quar.) preferred (quar.) $1.03% 8- 1 4.25% 7-20 preferred (quar.) $1.06'A 8- 1 4.40% 7-20 preferred (quar.) $1.10 8- 1 7-20 preferred $1.15 8- 1 4.75% 7-20 preferred (quar.) (quar.)_ $1.18% 8- 1 7-20 $1.40% 8- 1 7-20 27'Ac 8- 1 7-20 27'Ac 8- 1 5.625% preferred 5-15 4.36% 5-15 4.40% (quar.) preferred 1 preferred 5-16 (quar.) ($25 par) (quar.) 5% (quar.) 6- 1 ■18 7- 2 •11 preferred Southwestern States Telephone— Common (quar.) $1.44 preferred (quar.) $1.32 preferred (quar.) 6-20 ■18 Sparton 6-15 15 6-1 8 ■18 5-23 5- 9 5-23 5- 9 6- 5-11 $.83333 6 $1.20 Chemical (quar.)__ 6-29 6-20 6-20 6- 1 6-16 67- 2 1 7-25 6-25 25c 6-15 6- 1 6-15 6- 1 9-17 9- Spindale 4 12-17 36c 7-17 6- 5- 1 7- $1.10 16c 12- 1 1 6-15 B (A. $3.75 4 6- Staley 7-10 35c Class Mills, 3 Stamford Stock (quar.) Brands, Standard 1 5- 4 1 5- 4 5- 4 New 5- 4 Quarterly 29 %C 6-f 1 6- 1 , 6- 6- 1 5-15 6-15 1 $1.12'A 7- 2 5-17 12'Ac 6- 1 5-15 25c 6- 1 5-21 6- 1 5-21 25c 6- 5 94c 6-20 (quar.) (quar.) Industries (quar.) 5c (quar.) 6- 6 common shrs. Co., conv. 4% preferred (quar.) 40c 1 6- 1 17'Ac 8- 1 7-14 17'Ac 11- 1 10-15 5-18 " 1 6- 1 >.-« ' 6-15 5-19 5-19 6-11 5-28 6-15 6- 6- 1 5-18 6- 1 5-11 1 6-15 5-25 50c 6- 1 5-15 6- 9 5-18 6- 5 5-16 6-15 5-15 c 30c 6- 8 5-25 6-29 6-15 6-12 5-24 6- 8 5-25 6- 8 5-25 5-31 6- 5-11 1 5-15 31c 5-15 65c 6- 1 5-15 25c 6- 8 5-10 35c 5- ' 1 6-15 5- 8 28 '/a c 6- 1 5- 7 6-15 6- 1 9-14 $-29 10-23 9-23 5c 6-30 5-31 17'Ac 6- 1 5-15 $1.10 (quar.) 6- class A 5-15 6-14 5-15 5-28 5- 8 5-28 5- 8 16c held) 2 1 80c shr. 4 7- 6- 10c i each 5- 7-16 50c for 1 20c 6- 1 5- 1 6- 1 5- 1 1 200% 27c Mines, Ltd. (s-a) Electronics Fund, Inc. (Del.)— ordinary income)-. (From Television Shares Management Corp. Tennessee Gas Transmission, com. preferred 4.60% preferred 4.65% (s-a) preferred preferred 6.24% 5% class A 4.50% 7- 6- 7- 1 6- 7- 1 6- 8 $1.16 7- 1 6- 8 7- 1 6- 8 7- 1 6- 8 7- 1 6- 7- 1 6- 8 7- 1 6- 8 7- 1 6- 8 $1.12'A 7- 1 8 8 (monthly) 1 6- 8 $1.18 7- 1 6- 8 7- 1 6- 8 9c 5-31 9c 6-29 6-15 9c 7-31 7-18 $40c 5-31 4-30 45C 6-11 5- 20c 6- 1 5- 1 5- Transmission— (quar.) preferred 8 $1.25 — A Common 4 5-18 $1.31 '/4 A Eastern 3 5- 6-12 $1.31 (monthly) (monthly) Texaco Canada, Ltd., common (quar.) Texaco, Inc. (increased-quar.) Texas • $1.28 (quar.) (quar.) preferred Corp., Class Class 5-31 28c $1.27'A 2nd preferred (quar.) 2nd preferred 2nd 20c 5-10 5• $1.22'A — (quar.) (quar.) (quar.) preferred 4.50% 1 $1.16% _ _• (quar.) (quar.) preferred 4.72% 6- 5-31 $1.06'/4 (quar.) — (quar.) preferred 5.10% 6-15 $1.02'A — (quar.) (quar.) preferred 4.90% 5-15 3c preferred 4.64% 1 $1.15 preferred 4.25% 6- 6- 6-28 $5c (quar.) 4.10% 6-15 5c $2 (quar.) ; (quar.) $1.12'A 4.75% preferred (quar.) preferred (quar.) 5.125% preferred (quar.) 5.35% preferred (quar.) 6- 5-15 $1.183/4 6- 1 6- 1 5- $1.28 y8 6- 1 4 5- $1.25 5% 5- $1.33% 6- 1 5- 5.52% preferred preferred (quar.) (quar.) $1.37'A 6- 1 5- 5.60% $1.38 6- 1 5- preferred (quar.) $1.40 5.75% 6- 1 preferred 5- 5.80% (quar.)—, (quar.) $1.43% 5- preferred 5.85% preferred (quar.) 5.50% 6.70% preferred (quar.)_ Texas Gas Transmission, common 5.40% 1 6- 1 6- 1 6- 1 4 5- $1.67 »A (quar.) 6- $1.45 $1.46 y* — 5- 40c 6-15 5- 5-25 preferred (quar.). $1.35 7- 1 4.96% preferred 6-15 (quar.) $1.24 5'/4% 7- 1 preferred 6-15 (quar.) $1.31 Vt 7- 1 6-15 20c 6- 6 5-21 15c 5-25 4-30 4% 5-25 4-30 20c 6- 1 5- 30c 6- 1 5-10 6-29 6- 35c 6-15 5-31 15c 7- 6-15 Texas Gulf Producing (increased-quar.) Texas Industries, Inc., com. (year-end) Texas Instruments, Texas Pacific Coal Inc., common Oil & (initial) (quar.) Texas & Pacific Ry.— (Optional—5% stock div. Thatcher Glass Mfg. Co. Industries Thompson Paper Box Thompson or $4 cash) (quar.) common (quar.) 4% B Tidewater New $1 A common (quar.)— (quar.) new 5-31 1 5-10 6- 1 5-10 30c 7-10 6-15 A (initial) 35c 6- 2 5-21 6- 2 5-21 60c (quar.) class 5-31 6- 25c (quar.) Bearing 6-15 6-15 30c 6- 9 5-18 Title Guarantee Co. Corp. (NY), (quar.) new com. (initial) 2 7. 2 6-19 10- 1 9-14 5c Class A 7- 5c (initial) 5c 5c class B Tokheim 5-21 5-25 30c Telephone, Roller 1 1 35c (quar.) Co., $1.20 preferred preferred 6- 6- (Ohio)— (quar.) Tidewater Oil 8 5c Inc. (quar.) preferred (quar.) Thriftlmart, Inc., class A Class 1 1 10c (quar.) Ramo-Wooldridge, Class B Co.— 2 6- 3% — Teck-Hughes Gold Tip Top Products, 5-15 7- 9 12'Ac (quar.) Television 5% 6- 1 5-14 5- ~45c (quar.) uar.). common Timken 6-15 5- 1 split) (s-a) 6-15 6-15 6-15 6- 43%c stock preferred (quar.) Taylor Fibre Co., 5-25 45c (initial-quar.) —_— (quar.)__ (quar.)_____ Corp. (quar.) (2 2 • Standard Electric divid. 6-11 7- 87'Ac (quar.) Dredging Corp., $1.60 pfd. 5-18 1 5-28 12'Ac (quar.) Common (quar.)___; (quar.) common Wayne Thompson 5-10 6- 2'A% 6- 5-10 2 10c 6- 5-10 9-14 12-14 7- $25c 35c 1 9-28 35c — common 5-15 1 8 12-31 Ltd. 6-15 6-29 6-15 (quar.) Thomas Industries, Inc., 4% 6- 6-29 12'Ac (quar.) common common Co. Transit 5T15 20% preferred 6- 6-15 5-25 5-11 1 6-30 12'Ac (2-for-l $1.05 Mfg. Co. Chemical 6- 5-1 10c dividend $3.50 5-25 5-1 6-1 25c common preferred Standard 6-1 30c A (quar.) E.) 5-1 2c Sperti Products, Inc.— 5% convertible preferred 4 8- t25c 34%C class (quar.) - ' 6-15 6- , 45c Stock dividend 6-1 $1.50 Chemical, common (quar.) 4.20% preferred (quar.) Sperry Rand Corp., com. (stock dividend)— 4'A % preferred (quar.) 6-2G 6-29 321/2 c — _ Products, 7-20 36c (quar.) 29 lie (quar.) (quar.) B 1 33c Corp., 6% preferred (quar.) prior preferred (quar.) Speedry 8- 32'Ac Spencer $1.25 Insurance 31'Ac 7-20 8 2oc (quar.)__ Distributing;Corp. Baking Tenney 6c 28c preferred 4.15% 5-15 5-15 8-15 . 20c (increased) (initial) / convertible preferred (initial) Electric 5-31 — L ; Oil 5.25% 1 37'Ac 10c (quar.) Corp. A) 5.12% ; Co.— 5-25 12'Ac dividend 4.32% . $0.2656% preferred 1 $1.25 (quar.) preferred preferred 6-14 6-30 26"Ac — : 1 $1.25 (quar.) common San Jose Water Works, com. preferred 6-28 25c 297/8C>- Chemical common 6- t$1.25 (quar.)_ (quar.) 4.40% 1st preferred A (quar.) Salada Foods, Ltd. (quar.) : 4%% $20c 25"Ac Cooperative, Gas, 6- 42c common ___. ; 7-14 4-16 5-25 6-15 Taylor & Fenn Co.— I 8-1 5-31 6-15 6- 10c (quar.)__ (quar.) St. ' 6-13 9-14 $5c 3% <quar.)__ Power— 5% St. Louis-San Francisco Ry., common 5% preferred (quar.) preferred 6-27 6- 6-15 16c 1 10c — 5c Mfg. (increased preferred 6- 2% 15c A (quar.) Corp., Ltd., preferred (quar.) 5% 6-29 6-18 25c Mining (qua Superior Window Co.. 70 kconv. pfd. Sunshine Biscuits Inc. r.). (q Tasty 1 Co. 15c (quar.) (quar.) Lawrence 5% 6- 25c $6%c 50c Joseph Light 6-29 10c 25c 34 %c Sunshine Stock 1 31 "Ac .1 : (quar.)_. Taft Broadcasting (quar.) Tampax, Inc. (quar.) 5-7 6- Y $10c (quar.) A Co., Corp. ' 9 i 10c (initial) 8% pfd. (quar.) class 5-25 * 12'Ac House Symington 5-18 10c $1,121/2 shares) : Specialty 9 6-29 25c 3.90% 5-16 15c guilders (20 class 6- 12'Ac dividend Clair f: 6- 6-9 5- 8 $1.25 Co., Propane Gas, Syracuse 7 38%c Gas Gas $1 Royalty Stock St. 5- (quar.)__ Class . 5-21 4% (quar.) Railway Co., 3.70% 5-17 25c . class A & 7-2 50c dividend) (s-a) Natural State :i' 8 5-15 8-1 6-28 5-25 $1.25 Products Fuller Foods Stock 5-18 .6^ 5 6- 7-27 $12'Ac Sunset Industries (stock dividend) Sunset International Petroleum Corp. (Calif.) Common 5-18 50c (quar.) (quar.) (quar.) 4'A% pfd. Aeronautical 6- 35c 7%c common Petroleum (Jacob) 1'■*>.' 6-22^'" 5-10 87'Ac (quar.) preferred (D. Sunset 5-18 Water— & Southwestern Public Co.— Russ Tegs Inc.. (H.) 6- 30c (quar.) Paper, Ltd., class A—; :—____ B\:___^______________..______ Royal Dutch Rubbermaid, : 4.60% Corp. Reid, Inc. 5%% 5-11 $1.37% 6- $1 (quar.)_ $1 5-11 (quar.) $2'Ac ; t50c 4.40% preferred (quar.) Southwestern Investment, 5-11 1 6-13 preferred 6% 6- 5-31 7 preferred $1 5-11 6- 5-10 6- 5-21 30c (quar.) 5.25% preferred 1951 series (quar.) Sun Oil Co. (quar.) Sunray Mid-Continent Oil, common (quar.) 4'A% preferred (quar.) 5-1 75c - ' (quar.) preferred Southwestern 5-15 6- v (initial) Company $1.50 5 6- 5-1 6-1 50oiuu«6<t8 75c ._ Co Annual 5-21 $20c -___ (quar.) (quar.)____ Fertilizer Southern 7-13 6- ___; 4% preferred (quar.) 5.44% preferred (quar.) Southwest 6-5 10c 6-1 $25c 5% 5-15 6- 5-1 5% 5-15 ■"r 6-15 $25c convertible preferred Ryan 6- 5- 60c common (initial quar.) preferred A (quar.) 4 5-15 5-15 6-1 5-15 5-25 25c B Suburban 7 Edison— preferred Southern 5-15 1 $1.02 'A Marie 5%i 6 1 $1.18% Rockwell-Standard 4% 6- 6-15 $2t>c (quar.) California common Southern 5 6- 37'Ac L Class 6- $20c . 1 9 $1.25 common Broadcasting, Class Stouffer 5-18 5- 6- 6- 45c V. com. Corp. 5-15,' 30c $0.00'/a & 1st Stuart (quar.) preferred 4.75% 1 6- 80c (quar.)— Rochester Transit Corp. (quar.) Rockwell Mfg. (quar.) - 6-15 ' 6- 6-15 5-21 (quar.) Southern 5-11 K & Corp. Southern 5-25 1 preferred ■ - 6- preferred Rolland _ $1.02% 5.50% 1 9 (quar.) 4.95% New 6-11 preferred I (quar.) preferred J (quar.) 4.10% \ 6- (quar.) preferred H 4%% Rohm 5-15 Electric— preferred 1 • "-5-15 75c (quar.) & 5 68 %c . (quar.) , ...5-16 6-15 30c — 1 10c < (quar.) (quar.) B.) Container Storer 5-11 (initial) 5-15 f 6- c.f B 7% 5-25 i»v International, preferred 4"A% 5-15 7c (quar.) (quar.) ' 4.10% 6- New 1 10c A participating preferred (quar.) Roadway Express, Inc 'Robertson (H. H.) Co. (quar.) • Little 6 W 7c class (quar.) preference 6- $1 $1.50 $1 5 25c >. Robbins & Myers Inc., common Robinson 6- 30c (quar.) 1 units Corp., preferred 40c 1 8 1 5c Finance, (John Baer Stone Paper Mills, Ltd.— preferred 4.78% 7-11 66- ___; Co. Stix, 5-11 60c 45c Natural dividend Southern 7-11 1 25c (quar.) preferred 5'A% 1 8- 45c (quar.) Participating Ritter (Del), A 8- 12'Ac (quar.) Ridge 6-11 1 1 62"Ac _ . Texas 4.24% 4 59 %c - (quar.) Richfield 5- $1.12'A _ 4%% 2nd preferred (quar.) Reynolds (R. J.) Tobacco Co. (quar.) Rexall 5-31 7- 0, 6- 6-29 6- 20c (quar.) new Aluminum Class 5-8 15c — Georgia 4.08% 25c capital gains )_ Metals, 4%% Oil Southern California net (quar.)__ Corp., preferred Stetson 5-8 6-8 5-18 7-16 30c (quar.) Ltd. Stewart-Warner Still-Man Mfg., 6-27 6-8 20c Development (initial) Southam Company, Ltd. (quar.)_ Southeastern Telephone Co. (quar.) "~k"5-15 6- 6-11 7-27 6-11 40c 1 (quar.) Parts 5-.1" 62'Ac • A Sterling Drug Inc. (quar.) Sterling Precision, 5% preferred Sterling Seal (quar.) 6-11 2 7"Ac Tools Stock 50c (quar.) 2 5-10 5-14 ?"■ preferred ' ' . (quar.) Sterling 5-15 77- 20c •. preferred South Fund— 5-31 $15c (quar.) Manufacturing South r.6-22 $30c (quar.) Soss 5-10 Ltd.— $10c 12%d (quar.)__ Industries $1.55 6-15 r Materials, 5-25 ___• 8 8 6-12 8c (quar.)_ (quar.)___ Sterchi Bros. Stores — Socony-Mobil Oil Co. (quar.) Sonotone Corp., common (stock $1.25 preferred A (quar.) 3 B-14 , 5-25 75c (monthly) (quar.)_ Building preference (quar.) (Texas) 10- 7-10 66- 933/4c common preferred 51/2% 5-25 25% Ltd preferred Snap-On 6-15 2 6-15 50c (quar.)_ (Raleigh, N. class preferred Stephenson 5-15 25c Resumed 5-15 7- 1 5-14 / Stein Hall <&« Co. 1 6- 1 30c Steinberg's. Ltd., common Stephan Company 5-10 $1 (quar.) (Howard) Smith 5-18 $28c . Corp., $1 Insurance Revere 8-15 (Canada), Ltd.— (quar.) ReVere $2 " 10c 25c , $2.25 (quar.) Revelstoke 6% .' 6- 1 t25c Co. Mines, 6-15 12"Ac 614 Superior Co. (s-a) Skelly Oil Cc. (quar.) Smith (interim) common Mfg. 5-15 6- 6- 60c (quar.) Chemical, 5% preferred Stedman Bros., 6-8 A _. Com. Venezuelan Singer 6- 5-15 (quar.) 5% 5-15 1 preferred 3'A% 5-31 2 (quar.) (s-a) Sinclair "5-14 8 7- (s-a) Oil 6% Steel 6-13/; 1 (quar.) 5% 6-15 6- 6- btecher-Traung Lithograph Corp.— 4-13 t$1.75 & C .*■ Ltd.—• (quar.) Company (quar.) B 2 5-25 $10c Canada preferred Class 7- preferred State Loan & Finance, Class B (quar.) 7 $1.25 Ltd of (quar.) Mines, Ltd. (Quebec) Sinclair "5-18 10c (quar.) (s-a) Renold Chains . ^ Co. America Class 9-14 5-18 : 5-31 6- -6-14 • 7 "Ac Corp. (quar.) (initial) Preferred I 6-15 68 %c i ' 1 6-15 12'Ac (quar.) 9-14 ,? (quar.) Steel, new common Simplicity Patterns— (2-for-l stock split)j Simpson's, Ltd. (quar.) Simpsons-Sears, Ltd., class A (s-a) 6-14 Lithographing Co., Ltd.— Remington Arms, . 10- 8c 2% Corp. Redwing Refractory Reid (increased) 1 7 5- 42c B Simonds Saw dividend (quar.) 5'A% preferred Carriers 5% 6-22 5- 5-25 $20c dividend Simmons preferred Co., 2 Tax (quar.) pfd. Increased semi-annually Signal Oil & Gas, class A (quar.) Class B (quar.) Signode Steel Strapping, common 5-22 6% Reheis Sigma :'3E 6-12 $$1.58- Raymond Raytheon Class 1 10-25 5-25 5-15 82'Ac (quar.) Packaging Corp., $1.60 pfd. (quar.) Stauffer 25c (quar.) of 11-10 6-22 1 (New Products (quar.) Standard Register Co., new (initial), Standard Shares, Inc. (s-a) Stanley Warner Corp. (quar.) 7-25 $.075 Mines preferred Corp. 8-10 10c Shop & Save (1957), Ltd. (s-a) Shulton, Inc., class A (quar.) -6-15 <• (initial) _ 7-1 /Ai 6-15 7-25 (quar.) Inc. * '6-8 15c (quar.) (quar.) Stock 4-13 6-28 preferred Stock 5-10 2 : (quar.) preferred Shoe 7- ^ ; Industries 7% •C.5-15 5-25 7- 6% Rayette, Corp. 6-15 de¬ per A Shenango Valley Water, 5% 24c quar.) class 1 20c of 38%%). Rapid Grip & Batten, Ltd., class A Class A (quar.) 1 i . Marts, 6- 20c about 5-25 Co. State Capital Life Insurance Common (quar.) 4-27 ■ & Power, com. (quar.)__ Shell Transport & Trading Co. Ltd. -,v New York Shares (final) 5-15 / 1 $20c less 45c $2.50 (Winston-Salem, 6-15 $27'Ac _ (Payment amounts ; , 5-21 /. 1 Shawinigan Water t40c (quar.) American 35C ' 5-21 15c Co. Pen Co., class A 5-15 Organization, Ltd.— Class " 5-10 6-22 7-10 Standard 6-21 6-1 (quar.) 40c (quar.) (quar.) (quar.) " 10c (W. A.) B 5-15 $25c A quar.)—.— Realty Corp.— Trust & 40c (quar.) class Co. 6-14 2 preferred Oil preferred (quar.) Standard Pressed Steel 6-11 7- $1.20 7-10 6- 18%c 6% 5-25 7-10 : 1 „• Ralston 8 6-11 ,,'T. ___. A 1 12'Ac '-.-J 5% R. & 6- $1.31% . pfd. 6- ' 5-18 - "' 6-30 25c t _ 6- $1.25 ; Quebec Telephone, 5'A% preferred (quar.) Quemont Mining, Ltd 1 " : 35c ''. ________ (quar.) Quarterly Class • Ltd. 1,6- •" 5-11 6-15 2 5c Products, class A (quar.)__ Co. (Calif.), common (quar.) conv. Standard 5-18 20c A Jersey) Standard Oil Co. of Ohio, common 3%% preferred (quar.) 1 25c Y.) (quar.)_. Cities 5% Co. (quar.) (N. 6- 1 10c Security Life Quarterly 4% Power D.) United preferred Sheller — (quar.)___ 91 "Ac >.■ $3.30 7-13 6- 25c Falls : Co. (increased Shaver 26c ._. Quaker State Oil Refining Corp. Quebec Corp. Corp. 27c dividend Oil Co. 6-10 a Mexico— —- ,_j._ Oil Standard ,7-13 1 6-15 25c Inc.__ Surety Co. Sealed $1.06'/4 (quar.)____. of Supermarkets Stock Finance Seaboard $5 ._. (quar.)_. preferred (quar.) Pueblo Seaboard , (quar.) preferred 8- 50c _ Standard 5-11 1 (quar.)__ 20c Milling, class Motor 5-24 85c (quar.)—- Associates, Shaeffer (quar.)____ 6-14 8- 5-25 7- 75c B Standard 5-18 6-11 12'Ac (quar.) Holders Payable of Rec. 5c Class . . ___ preferred Co. 50c 18c (quar.) : preferred 1 A (quar.)_______ 7'Ac Milling (quar.)_______—7'Ac $1.20 (quar.) 6- class Allied Sealright-Oswego , preferred Service . 6-18 B Standard 7- $1 (quar.)_— 5-15 V 1 Class When Share A 5-15 5-17 17c (quar.) 6-15 1 1 1 20c _. (quar.) (quar.) ____/. 8-15 2 4 6- Per Company Standard Forgings Corp. (quar.) Standard Fruit & Steamship— $3 partic. preference (accum.) Standard Holding Corp., class 4 6- 10c — (quar.)_ Inc. Co. Inc., Seaboard 6-29 8 15c (monthly) Co. preferred Scripto, Indiana— 4.16% 5% 76- . 4.80% Public Mfg. 3.65% 5-15 7-31 9- __ 4.32% . 10% v 17'Ac (initial-quar.)______ preferred 5-15 1 & Williams & 6-30 . (quar.) Co. common 1 .31'Ac (quar.) preferred 3'A% 6- 1 5- Name of 6-22 5-21 7-15 ■ 12c preferred Scovill ,31'Ac (quar. 4.64% Service Scott 6- Insurance— 4J/4% New $3.40 5-^r 6- (quar.) J.) Corp.— Co. Foresman 1 7-16 35c 6- 12c Fetzer Seaboard v ; . 4.90% 5-21 6-29 20c 37 "Ac Paper Co., common preferred (quar.) 7. Ltd. (Walter & $4 4-13 5-31 15c __^ Provident Life & Accident Insurance Service Co. of Colorado— Public c 5c _______ Public : 15 t$2 _ Mfg., common ' (quar.) preferred (quar.)__________ convertible Scott Insur¬ preferred Washington 1 5-18 8 (quar.) (quar.) Monthly Monthly Scott 4% Men's (quar.) 6- 1 6- — $1.25 $2 6-22 6- (quar.) Holders Payable of Rec. 5c _■ common Corp., When Share (quar.) Products preferred Scott, (quar.). (stock Tubular Schneider per (s-a) Business (Colo.) Providence 5-10 Ltd.— $1.25 v 5-10 1 10c dividend Professional 1 6- 1% : approximately $0,378 Ltd., 4% 6- lc _ depositary share Realty Corp. (quar.) '___ Prevor-Mayrson International (quar.)____—; ( 5% Corp. Schlumberger. fc _ Co. Arms Sawhill Presidential Prince 6- Savage 4-11 , Inc. Brand Price Bros., Per Name of Company 5-11 1 quarj Final payment of \ $1.17'A (quar.) 1 6- Products— Preferred Insurance Prentice-Hall, 25c <quar.)_ Holders Payable of Rec. 61c $2.46 (quar.) Industrial When Share (quar.) 4.70% preferred B 55 10- 6-15 1 9-14 27%c 5-25 5-11 35c 5-31 5-15 56 The Commercial and Financial Chronicle (2428) 4.56% 4.25% (quar.) Supply, class B (quar.)— Tractor Class (quar.) A Weiss Bros., (initial)——. (quar.) 4'/2% preferred (quar.) Transamerica Corp., 4Va% pfd. Trans-Canada Corp. Fund 5% B 5-15 5-15 6- 1 West 6-15 6- 1 West 5-25 5- 4 3 6- 8 A Class Trenton Insurance Petroleum Trinidad Greenbush & Trylon of New Jersey Chemicals, Inc. $1.25 10c 5c (quar.)— (Pa.) (quar.)______ 2®c Extra Company (quar.) City Fourth Unit, $6 pfd. 20c $3.25 17'/2c 62VzC Tuboscope (accum.)— Tung-Sol Electric, common (quar.) 5% preferred (quar.) . — Twentieth Century Growth Investors— .100% dividend Stock Clutch Disc South (quar.) Salle La $1 62'/2c 62'/2c — Street Corp. (quar.) Quarterly 6- 8 3 6- 8 West 3 6- 8 Western 1 5-15 Western Canada 1 6-15 Western Carolina Casualty Ohio Uarco, Inc. (quar.)__ 17'/2c Udylite Corp. (quar.)—————25c V. N. American Union Carbide Union Electric, Corp. (quar.) (quar.) common Gas 5% System (Kansas), (quar.)— preferred Air United Lines, Western Gas 6- 1 Western — 2 5- 6- 1 9 5- 4-12 6-15 5-31 Biscuit of Co. United Board United Carbon United Engineering $2.50 5-31 class Common Carton & Co. 5-15 Western 5-15 (series 1952) (quar.) (series 1955) (quar.) (series 1961) (quar.)_ Western Power & Gas (quar.)_ Western Publishing Co., common (quar.) 5-31 5% Natural 5-11 5-11 6- 2 5% 5-11 1 6- 1 5-11 8- 1 7-20 11- 1 10-18 United Funds, United preferred 6-29 5-31 8-15 7-20 8-15 7-20* Gas United Gas New (from preferred United 8-15 -20 6-11 -22 Oil 6- 1 5-15 about United U. S. New Williams & United U S 7% U. Brothers, S U S Envelope Lines Co. 8 6- 5-15 7- 2 6- 6- States Steel, United States Time 5- United Whelan 5-31 6- 5-22 New 7-10 5-17 15c 6- 1 5- Universal Foods Universal Insurance Universal Match 1 66- 1 8 5-18 Universal Oil 6- 5-21 6-26 5-21 6- 5- 25c 7-31 7- 12'/2c 5-31 5-10 17'/2c 5-28 5-14 1 (quar.) 25c Pictures Corp., 4%% Upper Canada Mines, Ltd. (G. H.), Ltd., Harman (J.) Valley Mould & Iron, A 6-29 1st Van Sciver (J. B.) Co., 5% pfd. Vanadium-Alloys Steel (quar.)_. Vapor Corp. (quar.) Vermont s'/* % National Virginia Electric & Co. Corp. preferred $4.04 preferred Jewelry Zeigler Coal 1 5-14 Zenith Radio preferred Vulcan-Hart Vulcan 5-15 {12Vac 5% 7-16 7- Materials, 5- 4 6- 1 7- * 6- 5 ■ ; preferred Mould Waco-Porter Wakefield 4-27 date , x 6-20 6-20 5-1 1 5-15 7-31 7-13 6-20 5-31 7- 2 6-11 6-11 7-10 5-25 6-15 6- 25c 6-25 6-15 1 6- 5 IIYzO 6-15 6-1 6-15 6- 5-28 6-20 class A 6- 1 5-15 6- 1 7- 2 $40c $$1.12'A (quar.) 5-15 6-15 7- 2 6- 5 9 per 6-12 5- 4 7- 2 8- 1 6- 1 6- 1 5-31 6-11 5-28 20c 6-20 6- 5 5c 6-15 8c 5-25 5- 5c 6-11 5-21 Pictures L_ quarterly Swasey Co. 6-11 40c 6-12 12'/2c 25% 10c 8- (quar.) 5-22 7-13 6-30 common 6-30 6-15 (quar.) Mfg. Wayne Knitting Mills (quar.)___ 6-12 5-15 6-12 5-15 40c 5-25 5- 25c 6- 1 Wayne Manufacturing Co. (quar.) - proceeds the 991,529 shs. held of record May 11, 1962. and It purposes. total the financing will be added to the used for the construction program notes aggregating $5,000,000, incurred is estimated that construction expend¬ from company promissory around with $13,604,000 population about gas for and 1962 $11,220,000 for 1963. of approximately EFFECT TO GIVING Long-Term Debt: First 278,100 and PRESENT series 3'/b% Six Authorized due series other due Note Outstanding 1966- due to $3,500,000 1977 series, 1979 payable, Capital 750,000 3'/s% to 5%%, 1991 due $37,000,000 37,000,000 1962-1966 500,000 Stock: Cumulative preferred series stk. ($100 ■ par) 250,000 shs. series 5.10% $1,005,000 ,' ._ 4.75% series Premium Common 2,000,000 5,800,000 5% on stock series $2.50 10,050 value (4.861,110 shares outstanding; 5,395,832 shares to be outstanding) 5-31 set 8-31 offered 6-15 5-15 offer area FINANCING Mortgage Bonds: 3% 9-15 the 259,500. CAPITALIZATION 6-15 new 15c 7-10 6-11 25c 6-12 5-28 20c 6-29 6- 8 (initial-quar.) com. (quar.) (quar.) Canadian subject par underwriters to their shall as 7,500,000 shs. listed to the terms and conditions to purchase from the opposite of company of names not holders common $20 at for have severally underwriting agree¬ share, per the of such subscribed be $13,489,580 below the of shares pursuant the of to percentage common the stock subscription stock: tax funds, tax deductible resident tax 7%. 15%; income at the source. Non¬ was date is incorrect. U. S. The corrected payment indicated here. funds, less 15% 1 5-11 9 6- 9 5-18 25c 5-25 5-11 60c 5-25 5-11 6-1 5-15 50c 7- 6-11 11c 5-21 5- 7 5% 7-27 5- 7 16.30 Irving The 16.30 McCormick & A. First Boston Corp C. Allyn & Co Butcher & Co., Inc. Davis, Weedon Skaggs Elworthy & & income Schwabacher .75 Stone & 5.00 White, Hutton F. & Lester, —V. 1.60 1.30 Walston & .DO Co 3.30 1.30 Hogle & .75 5.00 ; & William 5.00 A. 1 Co. Co Beck Shearson, Harnmill & Co. Shuman, Agnew & Co California Co. (Inc.) Hemphill, Noyes & Co.. Hill, Darlington & Grimm & .50 Corp Ely, 1.30 .75 Co Co Richards Co._ .75 & First tax & Co Milwaukee Refsnes, 1.30 Co Lundborg Pasadena .50 Co & The .75 1.30 Sherrerd— Estabrook Canadian nonresident tax- 1.60 Baird & Bateman, Eichler & Co Crowell, tax. % y° V Blyth & Co., Inc.— Robert W. Co., Inc. Co.Co. 1.60 Webster & Co. 6.05 & Co Wagenseller & Wilson, Dean Co., Johnson Witter Woodward & .75 ; & Durst, & Inc. Inc Weld & Co. 1.60 195, 1.60 Securities Corp. Sutro .50 5.00 Inc. Ryons & Co p. 1803. Staats R. & 6.05 Inc Higgins Co .75 1.30 1.30 6.05 Zuber 1.60 Transportation Corp. of America—Subsidiary Acquires Spanish Newspaper— Transportation Communications of America Inc., a wholly owned of Transportation Corp. of America, announced it has interest in La Prensa, second largest Spanish language subsidiary "Grasshoppers," "Boot-eze," "Stormeze" and "Bootique." Sales directly to chain and mail order outlets and, to retail stores. REVENUES—Net to $1,079,002 and sales net CAPITALIZATION for the income ended Dec. year GIVING 31, $52,296. EFFECT PRESENT TO FINANCING Authorized Loan amounted 1961, payable Outstanding $144,783 loan $81,533 Common —V. 195, 1,260 stock p. (par 1,260 in paper O. 685. year income As The corporation has entered into an agreement to acquire the City of San Francisco, announced Transamerica's Board Chairman Horace W. Brower and President John R. Beckett jointly with City Title's Board Chairman Cyril R. Tobin. Transamerica will exchange shares of its common standing common stock of City Title. . 1 "i 1 stock for all out¬ This exchange involves approxi¬ mately $6 million. City Title Insurance is one, of northern California's oldest title disclose the purchase La Prensa coming from grossed over $1,000,000, with about 60% of circulation and the remainder from adver¬ tising. noted, Title Insurance Co. not said it was but with president Transamerica Corp.—Proposed Acquisition— United States. Chalk, company president, did a cash transaction. the Roy price, the 310,000 shs. 750,000 shs. 10c) daily newspaper in the United States from Fortune Pope and a group of stockholders he represents. The acquisition followed by two and one-half months TCA's acquisi¬ tion of El Diario de Nueva York, the largest Spanish language news¬ Last 5-11 6- 2 of estimated an served agreed, made are Bank ,-i 25c (quar.) had $1.25 6-15 5c Steel, preferred $850,000 purchased 80% 5-21 6 $1.13 (quar.) (quar.) Washburn Wire (quar.) Stock dividend . 4 45C common preferred 31'/4c " — Outstanding $850,000 company of 35 W. Pennington Street, Tucson, Ariz., electricity and natural gas in the city of Tucson, and the surrounding area. At Jan. 31, 1962, the area served with electricity 6- 8 Continued from page 12 "Slix," (quar.) v/ill 7- 2 5-25 • "v 16 BUSINESS—The 5-14 5 (quar.) cents 73 Vv furnishes 5-24 General Corporation and Investment News 5 6- common $12,- to 2,000,000 shs. each ten payment of construction itures E. 5-23 6- Corp. for J. 5-15 Co MAY Hill 5-11 8 for 10c (quar.) OF par) -PROCEEDS—Net and 5-11 30c (quar.) ($1 share for general funds 10c Tube AS totaled •' •• shares. 7-20 1 1962. equal Boston Corp., New York City, are joint managers of an underwriting group which will purchase the unsubscribed portion of the 6-20 25c 6, 1425. p. one 5-18 1 6- 25c Co. & Less Jamaica 5-21 6-20 Iron of 5% 25c Jan. $724,402, Rights will expire May 28, 1962. Blyth & Co., Inc., and The First De¬ 10c (Mich.) to V-Y ■'! Tucson Gas, Electric Light & Power Co.—Rights Of¬ fering to Stockholders—The company is offering to hold¬ ers of its common stock rights to subscribe for 486,111 additional common shares at $20 per share, on the basis 5-1 3% stock 195, 5-17 6-1 62'Ac (quar.) ended year amounted Authorized 5-22 6- 5-31 6-1 6- the in CAPITALIZATION 6-15 50c 40c 5-31 6-20 $i 12'/2c r Disneyland. and sales income share. fcl 5-18 1 5-31 6-20 Washington Waters 5-15 6- 5-31 $1.43% Increased 4.80% 1 6-1 5-31 $1.56V4 & (S. D.) 8 10c Corp. and/or record 5-15 (quar.) (quar.) Wrfrner-Lambert Pharmaceutical Co.— (3-for-l stock split) $4.50 6- 35c (quar.). Company British 4-27 15c Warner Electric Brake & Clutch (stock div.) Initial payment after 25% stock dividend Warren 6- 47'Ac (quar.)_ (quar.) A Previously published date 6-20 _ preferred (quar.) Walgreen Company (quar.) Warner & 5-21 - 5c Less (quar.) Corp., Bros. 6-1 75c a $1.05 (quar.)_ 6-23 35c (quar.) common y 6-7 . Mouse net 5 5- 4 5-15 $1.50 1 6-1 . 5% Warner 7c 90c 1 $1.03 _ 10- 5-21 5-31 19c 6- . 5% 1 (quar.) common Ltd., Coke in $1.25 ; preferred Vulcan 11- 17'AC Transfer books not closed for this dividend. $ Payable $2 ; common 7-6 quar.) 6- 2 6-15 20c preferred cl. A (quar.) (quar.) (quar.) Corp. 35c 5% Corp. 5.75% 5-15 1 5 2 6-22 & + Payable in (quar.) (quar.) 6>/4% 5-25 1 8- (quar.) Co., resident $0.65625 (quar.)—. $4.12 preferred (quar.) Virginia Hot Springs— Vogt Mfg. Corp 6-10 6- 40c (quar.) $1.01 (quar.)_. $4.20 Zale 5-15 66- and 4-30 5-31 1 $1.25 Mickey REVENUES—Net 530,610 10c 1 — 1 20c Batteries 6- 35c common $5.00 6-12 Quarterly 6- (quar.) Power, 7-31 6- 6-22 62'Ac (s-a)_ preferred Worsted Yocam 5-15 5-16 37'/2c Savings Bank¬ (quar.)_ grams, Hardy, ment, 1 1 (quar.) Viceroy Mfg. Ltd., class A (quar.) Vince Corp. (stock dividend).,, Vinco Corp. (stock dividend) Virginia Coal & Iron 8-22 6-15 6- 7'/2c under games 2 6-29 5'A% pfd. (quar.)— $$1.37'A $3 preferred (s-a) $1.50 Corp., Chemicals and preferred 5- Co.. 30c A 5- 2 5-31 Governor 75c $1.37Vz (quar.)_. $5.50 prior preference (quar.) Van Raalte Co. (quar.) rods, golf clubs, archery and krokay sets. In addition, produces and markets under license a number of toys and the names of well-known personalities in television pro¬ such as Huckleberry Hound, Yogi Bear, Flintstones, Laurel and the company UNDERWRITERS—The 6- — common 5-22 (s-a) Industries. Youngstown Sheet Valley Forge Products, class 15c (quar.) pfd, class Co. Wyandotte $1.06'/4 (quar.) of toy and sets, fishing 4; 6'Ac Conversion Xerox $3c pfd. 6- 8c Wyandotte 5-25 15c Co. Universal 6-15 manufacture of such children's games and toys as Chests, Beauty and Cosmetic sets; indoor and outdoor all seasons, including a Spring and Summer line athletic equipment, such as Roger Maris Bat and Ball for games —-V. 8c Insurance, Wurlitzer 9 10c i Products 6- 4 the Game action 5-15 (incr.-quar.) 9 in to Common positary share less British Income Tax) Wrigley (Wm.) Jr. Co. (monthly) Monthly Monthly 1 6-15 6-26 back successfully gaged Variety outstanding. of 200 Fifth Ave., New York City, whose 1915, originated Doctor and Nurse Kits, and marketed them for over 25 years. Transogram is en¬ company, Long-term debt—notes payable—— 6% 75c . has dates stock common 8 15c (F. W.) & Co., Ltd.— preferred ADRS (s-a) (Payment amounts to about $0.41 1 1 6- 30c (quar.)_. business Woolworth 77- 55c Corp. (initial 4 65c $2 (quar.) Inc., 7% Telephone— Woodward Iron Co. Woolworth (F. W.) $1.75 50c ; 1 6-15 40c preferred common Enterprises, 4'A% 6-20 1 of the BUSINESS—The 5-15 s-a) class A Wood (quar.) for1 market were 5-18 Class B Wood 5-11 40c 5% Wolverine Wood 6- shares 1 (quar.) Wometco 6-15 7-15 The 8 Monthly Monthly 5-15 6-30 1 13%c Electric Power, preferred (quar.) preferred (quar.) 6% 6-27 (quar.) wider a Transogram Co., Inc. — Common Offered—The first public offering of this firm's common stock was made on May 17, 1962 through the sale of 196,000 shares at $10 per share by Lehman Brothers, New York City. 6- ' (quar.) Wisconsin Public Service, Wiser Oil Co. (quar.) 5-15 7-30 $2.50 growth of the company increase in the number of split and the resulting common shares outstanding will tend to provide the company's securities."—V. 195, p. 1708. 6- (quar.) common Wood (quar.) "The stock 62'/2c (quar.)_ i Hirsch, Woodward common preferred 3.60% 1 6%c common Corp., 10c 5-16 7c & 9 7-1 $1.12'A Corp. 6-8 6-8 $1.31'/4 — (initial Sons Co. Co. Park 8 (quar.) United 7-1 7-1 15c & Bros. Winter 8 6-29 (quar.) preferred 6-15 2 t8%c (increased) Winkelman Bros. Apparel, Inc. (Mich.), Winn Dixie Stores Inc. (monthly) 5-10 Pipe & Foundry (quar.)— Rubber, common (quar.) 8% 5-7 7- 2 V2 % Company, Common (quar.) Corp. Gypsum Co., common preferred (quar.)— S. U States A (quar.) Wolverine Aluminum (quar.) in¬ be ' stated 25c 5% & free of tax) Chemical & preferred 6-1 30c (quar.) Wilson rets.— Jersey RR. & Canal Co. Borax 4!A% 95c dividend 5-25 6%c 17c and Co. Stock (A. final payment of 1 shilling 1 pence and a special distribution of 2'/2 pence equal to 635,680 will 5-7 i8%c common Co., 5-31 $1.06(4 dep. outstanding authorized 5-24 (quar.) 6-11 5-29 Birlenbach 6-25 6-11 6%c have total 6-1 7- Wilcox 8 (monthly) the will The 6-15 (quar.) Wisconsin A Scribner Lines stock. 1,000,000. 30c _ 6- 5-15 22c A to 35c — (quar.) 6-22 Co., 6-15 40c Class justifies Transcon common 6-11 Monthly Class President split, par 410,000 7- 2 50c Motor Corp. 1 stock $1.25 from 61.4% 5-11 Electric 6- the of 1 6- Williams 20c After creased 1 6-10 6-10 Wilcox 6 new 5-15 35c 85c Wickes 2 received approval from the Interstate Commerce two-for-one stock split. Stockholders of record May 22 shares for each old share held upon surrender has a two 6- 5-15 -15 1 receive 6-15 4 5-15 7- The company Commission for 6-15 1 Quarterly Wiley (John) 37'/2c serving all affiliates 6- 6-15 6- 5-10 27 'Ac with 6-15 6-15 1 6-15 1 5-31 Corp. (quar.) (increased quar.) Bruno, and Nevada. and 18c 7- 6- Winter (quar.) services 6-20 7- 1 7- 1 15c 1 invest¬ net since 25c 37'Ac 30c 6- 1 service continuous sold for the account of a selling the company will not receive any of the proceeds of this offering. Upon completion of the sale, the selling stockholder will own 606,000 shares, or $$1.50 6- 1; in Francisco, San Jose, Redwood $1.25 preferred (quar.) Whitney Blake Co. (quar.) 2 5-15 San 18c 5%% 5-25 Molasses, Ltd., Amer. 6-12 White -20 5- Co. of America (quar.) Corp. of Delaware— (monthly) (monthly) United 7-10 5-15 6-15 Insurance A 7-10 1 7- 2 Whippany Paper Board (quar.)„. Whirlpool Corp., common (quar.) 4J/4% preferred (quar.) Investors Class 1 8- 1 5-17 split) Illuminating United 8-15 5- (increased-quar.) Improvement— (initial-quar.)' United-Greenfield United 8- 6- 6-29 2c stock 8-14 6% preferred (quar.)— Weyerhaeuser Co. (quar.) 7 5-22 Corp. (3-for-l 5- 1 5-22 common 4'/4% 1 $$1.12 '/2 6- income) United 6- I Funds 9- (quar.)_ 6-11 15c 5-15 37'/2c 37'/2c (increased) Wilson (quar.) B Inc. (quar.) (George), Ltd., class 4'/2% 25c Inc.— Science ment 6- $1.75 pfd. 1 Westmoreland, (Pa.) — (quar.) 7% preferred (quar.) United Foods, 60c conv. preferred 5-15 25c ; Co. 4-13 6- B (quar.) 5% preferred (quar.) Westinghouse Air Brake (quar.) Westinghouse Electric, common 5-11 6-15 been in stockholder, and preferred Class 6- 5-26 8 Gas— preferred preferred 5% 1 2 6- 75c $1.50 (quar.) preferred 25c (quar.) Foundry s 62Vs>c (quar.) 1 .'6% 40c (quar.) & A Participating 6-14 B 50c 6-15 $1 5-15 Class —_— (quar.) 6- 4 6- 8 2 6- has San strengthens Transamerica's position in the field of supplements its ownership of Phoenix Title & Trust Co., Arizona's largest title insurance firm.—V. 195, p. 2199. 6-22 6-30 ._ 50c America 6-29 6- $1 Weston $1.37 Vk 1 15c 6-1 6- and acquisition shares $30c 10c 30c Co. Common 6- it 1898, maintained Mateo of certificates. 5- 9 4-30 Common 6-15 in are San northern California This financial 5-15 6- 5 6-20 Western Insurance Securities— 4 5-21 1 — 5-18 depositary share) 5-15 6- 7- Alto, Monday, May 21, 1962 . (Final payment of approximately $0.67 per 5-14 12'/2c (quar.) common preferred (quar.) United Aircraft Corp. (quar.) United Artists Corp. (quar.) 6- 1 25c Holdings, Inc.— 5- 5-22 40c $1.25 (quar.) com. 5 Vz % United Service 9 6-15 5 — $1.50 17'/2c — Telephone (quar.) & Surety (quar.)— 5-25 5-23 of Offices Palo will Breweries, Ltd. (quar.) 5 ———— 5-1 5-1 Founded that time. . Transcon Lines—Stock Split Approved— (quar.) 6- preferred (quar.)—87'/2c $3.70 preferred (quar.)_— ... 92'/2c $4 preferred (quar.) $1 $4.50 preferred (quar.) $1.12'/s? Union Electric Steel Corp. 40c Union Financial Corp. (stock dividend) 4% 6-1 6-1 (quar.) 6- $3.50 Union Co. 90c 45c (final) 6-15 5-21 quar.) Lines 72c 43c (final) shares Gas Air 3.80% Unilever 6-30 6- 1 companies. City, Co.— Special gtd. stock (s-a) 3 Western - 5-25 6-14 6-15 5- 1 West Jersey & Seashore RR.— 7- $1.75 RR. (s-a)_: — $5 pfd. A (quar,).. Tfunkline Gas Co., Co. — (quar.) 6-11 6-29 7-2 5-15 (quar.) 6- 21c $5c 5% 44c 40c 13c — (quar.)Co. (quar.) Development— Co. Trust Travelers (stock preferred 7- oi (initial)dividend).. Ltd. Pipeline, Financial $1.44 Products Telephone (increased 7- t50c $$1.12 »/2 (quar.)—— $1.12'/2 4c (quar.)_____—.— Trans-Prarie Transworla Chemical Coast Common ---- Investing Corp.— Transcontinental Twin 1 5-31 6-15 6- —-:— preferred Tudor class A (quar.) Weissberg (H. R.) Corp. (monthly)— Werner Transport (initial) Finance, class New 208 Weeden & Company (quar.) Weinkles Liquor Stores (initial) 7- . Ltd. (3-for-l stock split on class A and class B stock) New class A (initial)——,.—-- Traders Trust 5-15 5-15 7- Scale Toledo Troy 1 1 75c 7'Ac 12'/2c 10c 14c 25c 36c 36c 6- $106% $1.14 $1.06'A 25c 22 Ac 5° preferred (quar.) preferred (quar.) preferred (quar.) 4J/4% Payable of Rec. Share 6- Edison— Toledo Name of Company Payable of Rec. Holders When Per Holders When Per Share Name of Company . no the earlier El Diario acquisition, Mr. Chalk will become publisher of La Prensa. Except for expansion plansi, he immediate personnel changes are contemplated. and La Prensa purchase, Mr. Chalk said, is an additional step in publishing and communications field designed to broaden the of Transportation Corp. of America's diversified activities. "The move further strengthens our ties with the Spanish speaking peoples of this hemisphere," he said.. The company "owns and operates Trans Caribbean Airways, a scheduled airline operating between New York and San Juan, Puerto Rico. Our purchase of the two leading Spanish The the scope language newspapers in the .U.S.A. . is consistent with our specialized •> Volume operations will in be the 195 Number Puerto Rican 6161 and . . The Commercial and Financial Chronicle . Caribbean markets. believe We services able to expand the operations of both newspapers." acquired El Diario, we have increased advertising lineage approximately 25% and circulation by approximately 15%.—V. 195, p. 1144. we Since tions REVENUES—Volt Union Pacific Quarter RR.—Earnings— Ended March $366,016 31— 1962 For 1961 $ ' Railway operating revenue Railway operating expenses and $ 118,918,943 of 195, 913. " p. ^ the Trust Co. stock common of York the City of income 1962 of United amounted and record July 16, future cash dividends been appointed registrar p,„2081. 195; subsidiaries months the over 1962 pointed "This plus Co. and of for the subsidiaries that within few a regulatory First United the Railway Inns —Common Net in construction Holiday Inns and of March of $29.8 the operating 195, bonds Bldg., of motor hotels the on was The 195, p. 1475. May 11, Memphis, below. tions The of underwriting the matters agreement underwriters by counsel and named provides subject are to to certain other J. C. Bradford & Jaires M. —V. N. Saunders 195, A. Finch Co. Reddoch & ended that of the several obliga¬ the approval of certain conditions precedent: legal for $4.26 per Sales despite a this of Dutch' the continued counted florin. to for products in Corp.—Annual Report— Rayon Manu¬ annual preferred report dividends equivalent slightly exceeded I960 sales prices of most products due to Shipments increase. 43% of In of 1961 total fully fully sales to to synthetic synthetic volume—the fibers and yarns and time of ac¬ rayon 1970. p. Universal Lighting Products, Inc.—Common Offered—■ May 17, 1862, Globus, Inc., 660 Madison Ave., New publicly, 100,000 shares of this firm's York City, offered stock common at $2 share. per Net proceeds, at $136,160. will be used by the ment of debt, BUSINESS—The of company 55 June The 7, of common in interest Inc. stock, six months $4,074,000 the for which, ended 1962 3, per at 1962 share date. period last $51,102. of its compared with the six months as for February share on the $389,000 February and 25, Jersey and of and In had two 16. stock was common the laws consisting share, per stock liabilities time therefor of of and Delaware the two New Jersey aggregate an net book worth to their to corporations respective outstanding to 112,500 exchange for GIVING every EFFECT two shares then convertible note PRESENT FINANCING the the same first N. Y., first period June 15, 1982, Payment the or three Riggs months last be contributing proportion The of weather for the income the 1962 due to the gains, colder <lc Common stock purchase 194, p. 17,496 shs. par) 750,000 s^s. 275,000 shs. 25,000 shs, warrants Savings Bank (Brattleboro)— 13 for 1961. special the meeting in sales for For was the 12 months preferred stock at $50 per on based July 1, 1952, $32,000 of its share, of registrar for the New York has that "pro show a Mr. in President of the Biltmore three of stock common of the Volt Technical Corp.—Class forma Rabin first that sales City, 31, while earnings, for the of full the 12 yet not first three months number 1962 of outstanding voted common 195, shares. split 21/2-for-l a shares.—V. the of Stockholders company's appointed transfer corporation.—V. 195, This stock was at the $8 per first See Carolina Telephone independent Telephone Corp., Western Co.—New stock and the shares Of the were sold the for certain total, 8,000 shares were offered initially to Volt employees at $7.50 per share,. The issue was Technical oversubscribed. 4 • BUSINESS—The incorporated of in company was,formed as a partnership in 1951 and New York in 1957. It is engaged in the preparation technical and publications, parts documentation, design and drafting, supplying of technically trained personnel to perform similar the year.—V. loss L. to R. of Quarter $17,272 Thornton, first the year" is for for the that this President, quarter the historically company's only" and company. slow the in dredging abnormally high water from working although year dredges basis the result quarter and future. The quarter had completed been earnings that. there that was. entered company of operate anticipates the not could not figures. $5,000,000 will had their that stockholders almost during which contract with 194, First — busy well into 1963." In addition, the subsidiary, Harris Foundry & Machine Co., told the Inc. "very first of subsidiary the contract full at reason quarter second work. Harris capacity for will net Harris every the least at has year. $200,000 1001, p. Corp.—Sub. Winston-Muss Huntington, Eastman $20,000,000, it Dillon announced and in David the retains the lease a immediate Center. for 30 substantial transaction by sold Norman the Whitman Walt Winston, K. President. Muss, Hurd & Chairman Co. assisted which is wholly-owned by Winston- Inc., and years reported from renewals six the that profit for obtained was Shopping Center— has transaction. Muss Mr. Sells Corp. Long Island, to various partners and Union Securities & Co., New York City, Dillon, was Winston-Muss, the will April of of Muss, the instit„tlo.i, an of ten years transaction' will ach - produce Senior financing company. trustee as for va.ious for pension trusts. For the first group will receive be annual rent 30 roll the of years annual an for the leasehold -rental net Center term, of the Eastman 81,500,000; The Dillon minimum is expected to be close to $2,200,00(4.The Winston-Muss subsidiary expects to earn in excess of $300,000 from the Center's minimum annual rentals. In addition, it will retain a substantial 6, percentage of rentals over-age (based on a percentage of sales). outstanding The 68-acre Walt Whitman Shopping Center be will of one the largest centers in the New York metropolitan area. Approximately oneof its 890,000 square feet of floor space has been leased to Abra¬ ham & Straus and R. H. Macy & Co., Inc., for two lar*e department stores. A feature 845. p. than More ing was approved shares the were Macey, Western President. effective May Under terms corporation E. Half of covered E. issue 375,000, be elected a bairels meeting oil by cubic Western according merger, the merger was of placed in Western a when merger is 2,700,000 barrels of oil which reserves will flood operations. In addition, it is estimated undeveloped reserves of 1,750,000 barrels of oil and feet of gas.—V. Service 195, 1145. p. Co.—Additional Financing De¬ 65,000 shares of this firm's common stock at $21.75 Additional financing details follow: stock offered has the and the underwriters, agreed stockholders subject agreement are the underwriters shares of to which purchase, and severally agreed terms and conditions as the of each of per to common the the which have the to of names number severally selling under¬ company sell to specified such in Hutton F. Quinn S. E. & —V. 195, p. p. & Co. Co. & (F. wk) of period I 11,500 firm in be a novel the New York 2,300 7,700 2,300 3,900 1,100 cents. 13 1,200 * 16 under The The three commitment, underwriters subject to named certain Woolworth Co. for the first increase of 8.2% an four over months sales for Additional below severally conditions have precedent, to 1962 same System, Inc.—A. S. E. Listing— 460 of Yale 151% in Per quarter months Twelfth New Ave., Corp., Packing of share was admitted for Bank this New 195, is comprised of first quarter of 1962 $61,022 for the like (cents) were reported for $.04 (cents) for the first 195, York Inc.—Appointment— Trust disbursing p. City, of $.09 compared to p. 1475. year 1961.—V. dividend corporation.—V. York common carrier operating in Corp., with operating authority Inc., a' freight consolidator. a Co., earnings Youthcraft Creations, and System, Express System, Inc., earnings for the to $153,260, compared with 1961. Chemical agent Yale Transport Nationwide Express first three the American Freight Forwarding states: quarter of the American Stock Exchange. symbol YES, the stock has a par value of 25 of shares authorized total 4,000,000; shares out¬ 689,062. divisions: 33 the the number total states: in Fi¬ of the ' on company Yale — W. stock A May standing 1,100 Electric-Co. F. $307,430,132, year. class Traded 2306. Massachusetts the or j trading 1,200 3,800 Milwaukee, Woohvorth Co.—Sales Up 8.2%— the last The 2,300 3,900 - on June 15, 1962, through first mortgage bonds, will be made, at the First Bankers Trust Co., N. Y. Payment . 1475. 3,800 _■ redemption for 101.88% Co., Yale Express 3,500 7,700 7,700 Inc Co UNDERWRITERS—The a. will mall mall From the nancing Details—Our May 14, 1962 issue reported on the offering on May 11 of $8,000,000 of this firm's 4%% first mortgage bonds, series E, due May 1, 1992, through Blyth & Co., Inc., New York City, and associates. made and. heated first such the 1765. to increased Western be Robert C. Kirkwood, President, reported this to stockholders at the annual meeting and said that "we are most pleased with our sales showing in all stores, and especially with the sales record in old stores, for the first four months of this year. Your management is optimistic for the entire year of 1962 and anticipates a good improvement both in sales and earnings," he said. Consolidated sales for 1961, Mr.. Kirkwood noted in reviewing the annual report, reached an all-time high of $1,061,401,832, an increase of $26,109,039—or 2.52%—over 1960. This was the second consecutive year that sales exceeded the $1 billion mark, he said. Net profits for 1961 were $46,405,353 or $4.78 per common share, compared with $46,927,512 or $4.84 per common share in 1960. Reporting on1 the company's plans announced, lest year for establish¬ ing discount department stores, Mr, Kirkwood told shareholders that the Woolco department stores division had been established and added, ment store field as Woolworth's is in the variety store field."—V. 195, "we intend for it to become as predominant, in the discount, depart¬ ment store field as Woolworth's is in the variety store field."—V. 195, Stockholders & Turner, Inc.__ Pierce & Co., Inc called at 1982 Trust 194, Sales p. Guerin Freese 1, amounted Selling Underwood, Neuhaus & Co., Inc. Harriman Ripley & Co., Inc. Rauscher, the follows: Company Eppler, —V. effected. and Gas Sept. Wisconsin voting trust. Mr. Fogel¬ the has company due agreement, Western will be the surviving shares of its $1 par value stock and sole stockholder ox International. tails—Our May 14,1962 issue reported the sale on May 10 cf The to W; B. to have water proved are will It 2274. operation of the sinking fund, $25,000 of its 5Va%. Western's 1,992,170 outstand¬ that added will be director another are recovered billion air-conditioned Center. p. Wisconsin Natural Gas Co.—Partial Redemption— of of the combined company are estimated at 11,990,97.6 billion cubic ieet of gas, and it is esti¬ reserves of there there special a 750,000 President shares, Developed 1C0 He merger will the mated be the of and Fogelson, of 0C0 the 194, 14. will son at 10 necessary two-third of voted in favor of the become to May shareholders. and stockholders. 15, Development Co. of Delaware—Merger OK'd Delaware of 1366. company's for on Control- this ipsue.—V. 191, Ellis, Holyoke ■& Co of the Center, Merger of International Oil Corp. of Dallas into Western Development Co. Western's A Stock Offered—Andre- offering in backlog a area.—V. share. public 2199. p. half Western Co., New York City, announced that it offered publicly on May 16, 1962, 66,000 shares of this firm's A good and large a 31, Thdrnton an 50% should the agent p. peculiar a Walt Whitman Management, 1961." in on 426,000 195, net Captain quarter the be with associates 1970.,:. p. of to March optimism A stated available, 1962 53,353 1962. newly-acquired a completed contract Shopping record than He months of issue.—V. consolidated be business Winston-Muss period, that period. 18,485 263. p. on Eastman more rose this 31, "were first most for 1962 corresponding announced 1961 818,054 $144,737 $159,000 the company's annual 1962 comparable those over York March the quarter increase added New ended at $962,791 $167,428 Industries a will the 31, March 1961 $1,023,818 ; 856,390 1.94, backlog of $2,500,000 and & of $25,000,000 compared with those of $17,081,087 in 1961. pointed out that earnings for 1962 should exceed $1.20 per share on the 1,065,000 common shares outstanding. The company in 1961 re¬ ported earnings of $634,793, or 60 cents per share based on the same & class 1962 : March results expected are included for excess E. sen 31— America, "1962 construction for Hotel, in of Williams-McWilliams previous the over Westbury Fashions, months $2,807,000 marked underwriting been March expenses.. stockholders, that prevented with outstanding at the share of $1.79 for per cents (Albert) Voigt Industries, Inc.—Appointment— Bank these Captain 913. p. 1.163,521 Alabama—Earnings— revenue $293,000 up amount the shares on earnings 27 was ended in From The $2,702,7 90 of to that noted company's quarter of last the same period % was which of charge Reported period 195, first than quarter $514,000, up share a period. 12-month the those and The company has called for red<*mr)tion $3,432,118 l,353,6i2 railway operations..—^— income ended letter operates 12 the over report stated were the impact of the colder first the non-recurring cents current Hy Rabin, writers Partial Redemption— 4% 9,64-1,017 reported company that they and - $1,373,000 UNDERWRITERS—The & 1961 $12,343,807 Corp. had share. National 1952 9,902,039 from months a said Bank, of 25,000 shs. 1431. Vermont 31— $13,33 4,157 New York City.—V. The reported For 15% up the than 5% period were revenues, '• $2,200,000 a 11% was period of to these 1. 1962, it was reported that $8,000,000 of this firm's prom¬ issory notes due May 1, 1977 had been sold privately through Merrill Lynch, Pierce, Fenner & Smith Inc., In increased company stockholders. revenues heating months 12 of same income to gas before. gas May White Stores, Inc.—Notes Sold Privately—On May made Westbury Fashions Inc.—Sales Up 50% — 25,000 shs. stocx Radio three $144,000 will National of the year, to report 1962 dated , Whirlpool Corp.—Secondary Stock Offering Postponed predicted of quarterly MarcET~31, prior period.—V. Outstanding .... Common —V. On outstanding. Authorized Sundry indebtedness 43,s% 913. p. be of interests dissolved. shares of common stock the issuance of one share by TO stock thereafter were of reduced in of company issued 225,000 shares the stockholders of the two New number CAPITALIZATION 2%- on 750,000 shares is the successor the proportion Jersey the the that directly in New 1962 company the at exchange corporations the all assumed E 1961. 2082. p. 300,000 Co.—Earnings— WiHiams-McWilliams Loss Reported— Bank, 195, 195, See the to $43,394,000, ended . 50o!ooo ^____ Scranton & Co. expenses.. from revenue after current Ave., New which common March cent one Co.a. W. year ' estimated Jersey corporations, Kana-ek Lighting Co., as Univerisal Lighting Products, Inc.) and Manufacturing, Inc.; organized on Aug. 6, 1956 and respectively. On June 30, 1961. the company acquired 1953, assets of value par under capital RR. March Quarter Ended factors common known Metal 12, the organized was 600,000 Ohio railway operations railway operating income.. L__ —V. that $0.84 outstanding corresponding giving effect after $600,000 . revenue— Railway operating Railway operating 1,401,822 March representing stock common Inc. Corp. Ended Western Ry. until end company Bergenline authorized an two to corporations of with (formerly Universal March all company 1961, Co.. Hanseatic operating 195, p. 913. period. equivalent Westwood, N. J., is engaged in the design, manufacture and sale of lighting fixtures and display and merchandising equipment for use in gasoline service stations. Chas. Pacific occupied the for the reoayadvertising, and the purchase of additional ■■■-"■■% :\;i ' ' equipment.. The 1,000,000 <fc York first mortgage bonds, series 1992.—V. 195, p. 2306. 1, Quarter First $5,744,422 He On May been over fibers sales fell 195, the of of during over and over net revaluation below 50% of company's sales. expenditures in 1961 were approximately $20,300,000 while investments and advances to affiliates increased by $11,700,000. total for income C.—V, year's year was $95,732,662 the yarns first $7,233,191 2,199,400 2,556,794 of Capital —V. 20,445,774 Pictures, Inc.—Six Months' Report— Manhattan D. ended high Net of reduction $26,190,196 22,343,661 ______ net revenues $1,710,000 in year, the $96,618,559 company's and Gas Shares. of $29,576,852 ________ Washington Natural Gas Co.—Revenues Up 15%— . weather. 10,000 $30,911,857, equal after American Share on Ordinary Shares American New 1,500,000 railway He the income 1,500,000 Co, & the of 1961 railway operationsincome shares 3, Chase Major year audited net income of $8,969,971, equal after dividends to $3.33 per American' Share on Ordinary Shares equivalent to 2,684,632 American Shares. These earnings comnare with net 1962 company has called for redemption on 5J/4% first mortgage bonds at 100.67% The the preferred 1960 350,000 shs. —V! revenue reports income amounts Amount Hirsch Co. & Railway operating Railway operating 250,000 shs. 1,000,000 shs. 31— 1025. p. previous 15,000 Inc._ Kunstzijde Unie, N. V. (A. K. U.—United Corp.) Arnhern, The Netherlands, in its 1961 announced principal names. $2,000,000 & Noyes due First $300,000 2,000,000 shs. ^ — March $3,564,000 Washington, 45,000 Algemene facturing Inc.. Western Outstanding $300,000 __ par) respectively 195, its at 10.000 United Rayon Manufacturing to March $342,000 —V. 614,750 shs. __L__ Co., „ the 1962 FINANCING stock The 1658. p. PRESENT TO respective their Irving Trust Co., New York City, has been appointed co-paying agent of have _ Co. & Co., Brothers basis. Film $300,000 below Co.— & per Net 4,830,032 .months Hansbrough, 10c Washington Gas Light Co.—Partial Redemption— Shares Wilder, of granted severally purchase and the company has agreed to sell to them, the number of shares set forth after their respective names to agreed severally, dividend shares Outstanding- 1,000,000 shs. underwriters opposite Appointment— cash split of 4 shares for 1, represented $.79 per outstanding at February 25, 1961. rentals including television, sales, etc. amounted to $40,931,000, dividends from foreign subsidiaries not consolidated were $44,000 and profit on sales of capital assets was $118,000 for the six months 1962 FINANCING $300,COO _Sr stock 1961. a EFFECT expenses— consolidated 1962 is engaged license under PRESENT TO _i _ common par UNDERWRITERS—The in the company set Pressprich Hemphill, 1970. p. company consolidated net million refund Authorized No quarterly a GIVING Ended Warner Bros. Gas Inc. EFFECT 31, Net the of 12 United authority. 704 Dermon GIVING & W. Net revenue The Offered —Via operation America, CAPITALIZATION Debenture on railway operating —V. stock at $3.75 per share. Net proceeds will be by the company for construction of additional inns. the by Blyth R. Salomon of common BUSINESS—The company of Jan. par)_«. Net revenue from Wilder, Hansbrough, Finch & Co., publicly, 80,000 shares of this firm's Memphis, offered used the payable Aug. 15, 1962, to stockholders of has also declared its intention to consider and ($.50 Railway operating first milepost days of the Commission's decision."—V. circular, ($.50 Quarter amounted offering for Net $10,590,989 which agreement," Parkes said, "called for a refund million of interest. A substantial portion of $5.7 of important an on approval the rate cases oi seven the for increase an Commission all before $988,401 RR.—Earnings— quarter the bonds 57 Amount 793. p. Wabash first 1961. shareholders Power had Gas $116,456,469, months to disposing of Line United was out Federal was agreement made 1962 corresponding- Parkes Pipe of for 195, from E - . three 1962, stock B series " to income stock A Class purchase opera¬ 1962, sales were $1,985,637 compared with sales of $1,277,618 and income note payable—bank Class for $10,490,098, equal to 81 cents per share as compared with net income of $9,322,786, or 72 cents per share' for the same period in 1961. Ed Parkes, President, reported to shareholders in the company's quarterly,statement. Consolidated from Authorized has offices these stock A 3,660,751 Much Higher— Gas risen declared —V. Net ended months 51A„% corporation.—V. United Gas Corp.—Net have have class CAPITALIZATION New sales three the 26,920,663 Unishops, Inc.—Appointment— Bankers $93,440, the 5,224,930 __ main conducts Hutzler months 29,706,511 __ City, 1957, to $7,282,648 for the 1961 fiscal year. income increased from $19,893 in 1957 to 31, net similar ' . in on whose company, York with'a staff of approximately 840. 1961. three income $43,567 85,207,517 share Net revenue from rai'way operations Net railway- operating income__. Technical period, in the net The New DIVIDENDS—Directors 112,128,180 89,212,432 ■ —V. this St., United States Oct. ended year During premises. Church 241 at throughout the fiscal First customer's on located are we (2429) 1598. Co. agent has for been the appointed sole transfer class A stock of the 58 The (2430) Commercial and Financial Chronicle .. v. • . . . . Monday, May 21, 1962 ' • ' ' / %,-y X'-'K:'XyV^ ; \ •" ,;'.v """ J /*..•; ... i%ir 'i ' : . .j • - *!s - jk i'. '" V' -. ■ , ■ 1 • *:, "."n*'-f" • >■"■"■ ."' >; V ^ r .; ... "v ** • - .t", • 'ji **.'■' ' -"■ ."•;' ■ v - -.• .',**. ' ■■ w fA -- •'• ■■;-- - r' ^' ■ . •• , ->. .. '•' ,r;:::>V^;.vV. .f;r. '^ri" *:;V^ v? Leukemia is a great child-killer. Yet scientists insist this disease must be conquerable. When cancer, one sixty die of leukemia is Society diverts a search for is a child. Because ■ grimly fatal, the American Cancer so one out a cure or of six of its research dollars to preventive for this dread malady., s"l,:V '.i'V-V:. •7-7 ' Will anyone say this is wrong? 1 '• y?-! Out of research Society have come temporary arresters Some scientists disease will be If a supported by the American Cancer are hopeful that can be kept alive for just a little bit longer, the "insulin" for this Your dollars to cancer, for leukemia. vaccine against this developed. tiny victim forming tissues a may yet cancer of the blood- be developed. help make this possible. Send them now c/o your local post office. AMERICAN CANCER SOCIETY > ■ * •• •• Volume 195 Number 6161 . . The Commercial and Financial Chronicle . (2431) 59 STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ALABAMA Salt River Project Agricultural ■■ University (P. O. Auburn), Ala. Y ■\ „ _ . Bond of until will <CST) a.m. on purchase of $275,000 housing dining and related auxiliary enterprises system rev- bonds, Series 1,"1S62. Due , March 1 from C„ Dated Legality approved by Bradley, Arant, All '& Rose v OffWin^—Th^ above Otlenng The phnvp & . official also date until the 11:30 purchase dining ing, Yt tho the r.n on j como same i a.m. lor (CST) for $1,900,000 hous- of and i that sealed announces wi* ™,nl ho bids will be received related auxiliary bonds, enterprises system revenue Due ^ March.l on inclusive. from 1973 to 2002 IntereshM-S. Legality .liWPWff by. White, Bradley, & xvOSG. Y 1962.-Due Jan. on 1 from .1965 * .f'Y; «5v >,« :V jer. >:«Y \YY-Y-Y" , .YaaY- , L - ■, "YY>aY-;Y'Y . . .> . Tuc*on,Avtx.J?°" ? Yl^ water system - refunding . ■ . onn /YYy/Y' Y^YYYYYY; Y/Y Y^ nnA May cate cate p. Los a syndiPhelps, Fenn & headed by whiiY r„ Y arij a_nd w?lteAY™eld 4^s». rn other cate: n* Davis, Jr: . o°nr" uY?fed on July 1 from 'of the syndiWebster Securities & sive. Corp.; Drexel & Co.; F. S. Moseley ^ q0 . paine,, Webber, Jackson & Curti R w pressprich & Co.; Wertheim & Co.; F WuuWiv.io dicate as 4V?s a price' at interest cost 414s 3s 314s of 100 0008 about* of a 3 50% Pleasant . • —— - " - - to the a 15 syn- Bank of June on 61 for the pur- of from Interest 1963 to 1968 inclusive, J-D. Port Boston Hueneme, Calif. ; Offering—Wilma G. Merryman, City Clerk, will receive sealed bids until 7:30 p.m. (PDST) on June 8 for the pur- of San chase of $150,000 community ^ Blyth & Co., Inc.; First CorP"' Wells Fargo Bank, 1963 to 1982 inclu- Francisco;' Seattle-First Bond ice building bonds. National serv- Dated June 1, Bank; John Nuveen & Company; Croker-Anglo National Bank of 1962v Due on June 1 from 1963 to 1982 inclusive. Interest J-D. Francisco; New York Han- Legality approved by O'Melveny seatic Corp.; Stone & Youngberg; & Myers. Taylor & Co.; Trust Company of Sacramento Municipal Utility Georgia Atlanta; Irving Lundoorg Dist. (P. O. San County, Calif. Offerin g-—Gordon T. — by . 0 m 9 a.m.;,(PDST) on June 6 for the purchase of $40,000 school bonds. - awarded headed (PDST) chase $95,000 school bonds, 195, Dated June 15, 1962. Due on June v. — L,,innA-? + -1 I at a price of 100.07, a net interest cosl of about 3 02%. other members of the syndicate" Nesvig, County Clerk, will receive sealed bids in Los Angeles until . 15 cIsccTas 7v4s"2VaTand "V* ' v ,4S and os, Interest J-J. Bond u. May Valley School District, lY Ventura County, Calif. NY Bond Offering—Robt. L. Hamm, County Clerk, will receive sealed bids in Ventura until 11 a.m. v America N.T. & S.A. of San Fran- Duarte Unified School District, Los Angeles s. Smithers & nuiuiumiix offered 1971—were p. h?,?.! }Soh ^ 3.24% .. "P. ...Y; ; City Unified School Dist., I Angeles County, Calif. ^ as members stone bonas Bond O f f e r i n g—Gordon T. Nesvm County Clerk, will Nesvig, frmntv m^rk- will receive co„)oYu t sealed b-ds in Los Angeles, ,,4,+ii until 9 a.m. (PDST) on June 6 for the 3s, 3.20s and 3.40s, at co3t of about ■ revenue 15—v.-195, 2307—were awarded to V.°" Y Culver " _ bonds offered v , net Bond Offering—Sealed bids will net interest cost of about 3 44% be received; in Sacramento until*" .v; ^ J"ne 14 for the purchase of $100,Los Angeles Unified School Dist, 000,000 Veterans Farm and Home Los Angeles County, Calif. Loan Purchase bonds, Ait is reBond Sale—The $7,000,000 school ported. Co.; J. A. Hogle & Co.; Blair & -T ;v;..n AJ - , Co., Inc.; Alex. Brown & Sons; „ ' .4 „ Bache & Co.; Wood, Struthers & Bond Offering — President of; Co . Estabrook & Co.; G. H. Waiker Board of Commissioners m v S": Co and 3Y2s to,v. 1994 inclusive/Interest J-J. Legality approved by Chapman & Cut- In- Y terest M-S. a d riitinviM l Additional YY , y & new — . March on 1965 to 1972 inclusive. White, . , , 11:25 June A forvthe enue Bank of San Francisco Shear^on Hammill & Co., and Shuman, Ag- ..^County, Calif* % coupons ranging from 5% to 2%, Bond Sale The $86,000 school will receive sealed bids Aat a price of 100.0001, a het inter-c bonds offered "May 8 — v. untiKlO a.m. 195, (MST) on May 24 " est cost of about 2.73%. .A, Y p. 2200 — were awarded to Dean for ,the purchase'/of. $10,000,000 * YY/.aY Y;, ,.YY: Witter & Co.; as 5s 3s 3V4s 3V>s improvement bonds.;Dated July T,:c ' California (State of) \//v Y and 3 60s : at a price of 100 14 "a ... W,Secretary; sealed receive Angeles Ira Haupt Co., and Hill Richards & Co., for Bond Offering—A. L; Monette, ,xr that the Board announces Trustees bids _ Offering—'Treasurer Livermore Joint Union High District, Alameda pany of .Los 1 . Ingram First Western Bank & Trust Com- , Improvement Power District; (P' O. -Temple), Ariz. ^ Auburn . „ ^ ... Sacramento), §. CfiT^ells 1\Ch,nstfn®en' First National Bank <>. j - _ California of Memphis; Bond ^o S a 1 e—The $10,000,000 announces bids will be received ^ (CST) ^ May 29 for the pui $1,236,000 general obliga- on chase of Bradley, Arant, All & Rose. Co., Inc.; Barcus, Kindred & Co.; ' tenden, Podesta & Miller, Newburger, Loeb & Co.: McDonnell & Co., Inc.; Robinsoninson-Humphrey - ALASKA Fairbanks Inc Independent School District, Alaska Sale - & — & 000,000, as reported. in our-issue of April 30,. v. 195, p. 2083) were awarded on May 9 to a syndicate headed by Marshall & Myer, Inc., and Blyth & Co., as 6s, 3%s, 314s, 3.30s, 3.35s, 3.40s and 2s, at a price ■3.34%., "cate* ;• - Other City members of the Sair William Rr & Kansas Redpath, Dominick &. M. ,M. Freeman & Co Domimck S ^ 'vYY Y:';Y.YY Y Har°ld-E^WoocI & Co., Leo Opp'enheimer Co.; ^ Hooker & Zahner & ';Co.; Allan & Co.; .Dittmar & Co., Inc.; Channer • Newman County, Flagstaff High Y Overton Securities & Co. ■ School District (P. O. Flagstaff), Ariz. Bond Sale—The1 $610,000 gen¬ obligation bonds offered May 7—v. 195, p. 1971—were awarded . National Bank of Detroit, 2V2s, at a as 2s, 2V8S, 2%'s and price of par, a net interest cost of about 2.36%. of County on chase County School District (P. O. Flagstaff), Ariz. No. 1 Bond Sale—The obligation fered May 7 Bank of 195, to Detroit, the p. of- Bond 1971— Board will receive a.m. (MST) purchase of of on 5 $11,200,000 purpose bonds. Dated Due , approved Divelbess. Interest , by -7 for im- Interest approved by J-D. Le- Gust, Rosen- . . . c Los Angeles , . -v x Cabrillo multi¬ Legality Gust, Rosenfeld . • & - Union Junior College District, Santa Cruz July 1,1962. J-J. the County, Calif. Bond Sale—The $600,000 school building bonds - offered April 23 —v. to v195, 15S9—were p. awarded a group composed of the Wells Fargo Bank of San Francisco, 1 • V-ife ,lh> t~ 'b wiW-* 1. "n-« ' „ . 1 to May 21 for, $15,000^ school as Series ' June sealed bids in Salinas 1964 1969 in- Due on 1964 1972 until Series 1 5 from to ^ June .'•V- 1 1, 1962. Interest ii inclu" C r j*r vtvJA 'uiAc deceived unfil 8 the m (PDST) pm (PDST) Ventura on May until 29 11 pur- follows: of a.m. the for Bond Sale—An issue of $160,000 school bonds was sold 4rs the Bank to $220,000 Series A bonds. America Francisco, N.T. & S.A. of San Jhase of $50°,000 sch°o1 bond3' 1 from 1953 to 1982 inclusive. June 15 from $210,000 ment on bonds municipal wbich Aprjl 24—v. 195, be reoffered was p. offering improvenot May 22. on El Dorado rr^'pnthT will LnSvl sealed receive etoi Jl -ni bids in Pl«cerville until 11:30 (PDST) a.m. May 28 for the pur¬ chase of $1,500,000 school bonds. Dated May 31/1962. Due on May 31 from Interest on 1969 to 1983 inclusive. M-N. Legality approved by Orrick, Dahlquist, Herrington & Sutcliffe. . on 1963 to 1982 in¬ 15, 1962. Int. J-D. . Supervisors, will receive sealed bids in Sacramento until 10 a.m. (PDST) May 29 for the purchase of $4,725,000 bonds.Dated building June 15, 1962. Due on June 15 on from Offering—Sealed bids will received until 11 a.m. Dated Feb. 1, 1,957. Due -from.1964 to (PDST) 1996 on Feb. 1 inclusive. In- terest F-A. Legality approved by O'Melveny & Myers. Placerville Municipal Sewer Diftt. No. 2, Calif. Bond bonds 2083 offered were composed of to 1977 inclusive. In- San Juan School District, Orange County, Calif. Bond Offering—L. B. Wallace, County Clerk, will receive sealed bids until 11 22 for school (PDST) a.m. May on the purchase of $345,000 bonds. Dated July 1, 1962. on July 1 from 1864 to 1982 Interest J-J. Legality Myers. approved by O'Melveny & Santa Barbara High School Dist., Santa Barbara County, Calif. Bond Offering — J. E. Lewis, County Clerk, will receive sealed May 7—v. awarded the to Wells in Santa (PDST) purchase of a.m. Barbara on until May 28 9:30 for the $3,400,000 school May 20, 1962. Due May 20 from 1963 to 1987 in¬ clusive. Dated Interest M-N. Santa Cruz County, (P. O. Santa Cruz), Calif. Bond Sale Huckleberry The — Lane and $20,431.75 Boulder Way Improvement project bonds offered May 7—v. 195, p.* 1856— awarded were to the First Cali- ^orrda Sweetwater Junior College Dist., " Sale—The $600,000 — 1963 terest J"D" LeSality approved by on California Bond Offering—Betty L.George, Clerk off Board of County bonds. on May 29 for the purchase of $8,620,000 flood control bonds. Dist., County, Calif Bond Offer County Clerk, Due Orange County Flood Control District (P. O. Santa Ana), be Lake Tahoe Unified School Bond bids ■ sold 1971—will Sacramento), Calif. ; 1963 to 1985 in¬ clusive. Dated June Reoffered—The Sacramento County (P. O. as Due on clusive. J-D. Legality approved by O'Melveny & Myers, Bonds Due 280,000 Series B bonds. Interest - inclusive, June 15 from 41/4s, 314s and 3V2s. Bated June 1, 1S62. Due on June as lcka & Go., inc. Ppurch™ oi' Orrick^Dahlquist, Herrington & Bond Offering—Robt. L. Hamm, County Clerk, will receive sealed in ? sewer bonds- Ncrdhoff Union School District, Ventura County, Calif. bids Highgrove School District, Riverside County, Calif. u $32'000 street and clusive.''.;";" Dated 1979 r Y?'' ?r Wm t m**' Ginther& Company, Wm. J. Mer- re- r Ir in¬ to elusive. 9,000 1 from 1963 to Chas. E. Weigold & Co. IncorP°rated.' Bramhall, Falion & Co., ?^1' Interest J-D. rsive. Due Yon bonds. 1 from of DaWquist ^r^r^Yomnanv^maS Orrick " m bonds. First „ Legality Menamin, County Clerk, will follows: 3 & Michigan Corp.; Hemphill, Noyes & c Co'; Paine. Webber. Jackson.& Paine, Webber, Jackson & 20o2 District, Monterey County, Calif. Bond Offering—Emmet G. Mcceive : on purchase ' of $6 000 of x County, Cal.f. Joint . (PDST) bonds, Y> . Artes,a School D,strict . by ' La Mesa, Calif. CALIFORNIA 1965 Y"/ Monterey Peninsula Junior College ^ a.m. bidsJune til 11 j YY the _ Y hospital Sale—The $170,000 school building bonds offered May 8 ^ , pur- Bond July 1 from 1963 to 1973 inclusive." the Averill, Y; 199' P- J97* WoF/e awarded. Supervisors, ay 5Y Go., as S /zs, at a price bids until 11 ? 100.75, a basis of about 3.44,0.' June on a.m.. Rhea — sealed re¬ 10 feld & Divelbess. a Offering of for National as Maricopa County (P. O. Phoenix), Ariz. Clerk will until May 21 $725,000 1982 inclusive. gality 2s, 2V4S, 2%s price of par, a net interest cost of about 2.37%. 2V2S, at of bids _ . J-D. provement bonds. Dated June 30, 1962. Due on June 30 from 1966 to gen- bonds v. awarded were $815,000 school — Supervisors oeive_ sealed from ■ that the Board announces „ &'Weeks; Hornblower pur- ^ Bernardino County, Calif. 10:15 a.m (PDST) on May 28 for Bond Offering—V. Dennis War- the purchase of $2,240,000 school ale\ ■ 9erkA Wl11^-r8celve bonds" Dated June 1962" Due on . Jaspers 1 June Bond Offering—Clerk Alvin W. 1 Herring ton & Sutcliffe. ; ." v tiesperia School District, San : - ; Prescott), Ariz. (MST) Coconino ,Y Y ^ by Halsey, Stuart Other members of the syndicate; Ladenburg) Thalmann & Co.; will re- tToOOOM do^lto^ approved Company. aged jointly Curtis; Hirsch & Co. 2083—were awarded to ^, j-)ean Witter, & Yavapai County, Central Yavapai Hospital District (P.O. eral the 195 v & j^ds^ a^" June l for the . Co.; Danifen, Imhoff & Sanford, Inc.; Saunders, Stiver & Co., and J. A. ' ARIZONA - Fayf. Inc.; fBlair Y-Y;i Coconino baus & Co !nc.; Mofoney, Beissner rf t° ' **alJness ^ u' on April Sonoma County, Calif.' Bond Sale—The $93,000 school buitdjng bonds offered May 8— ^cnarff &^JoneSj^Inc.; ' PoHnuth &. syndi- al®d ) Harmony Union School District, Lyons, Hannahs & Lee, Inc.; Ranunaerwooa, i\eu- Seasongood o Newhard, Cook Co_.;.rCoughlin f3 Co., Inc.; Mason-Hagen, Inc.; HaSmill & Co S°V InCo5 ^0bind0nAHTPJ1I?yrC°' Cof Auchincibss ?ulnn,i& & ?°" Shearson Parb-or Parker and ^ Se • S^in.-Bros. & Boyce;,.. rvircnner « v_o.; • Commerce Trust Co eral W. Ik. & .^van J. Mericka & Co., Marshall & ; &Co.yA:^. Marten & Co.Wm. of par, a net interest cost of about : F. MoDnnald McDonald n Co.; Stern; T\/r Bond Offering—Mother M. Mar- Francisco, Blyth ^ & Co.„ Inc., R. H- Moulton & Co Shuman, Ag- thr original^^offering from to Co.; & On and «ooKer & ray Co.;, new & Co., ?na Hooker & Fay, ?ew & School bonds 3^'ger. Nolan, Fleming & Co., Inc.; Inc.,, as. 4V2s 3s, 3'/4? and 3%s, at 000 (increased Johnston, Lemon & Co.; Kenower, a Prl<le I0O-0L a net interest of $3° MacArthur & Co.; Bosworth, Sulcost of about 3.44%. amounting to $3 600 r - Glickenhaus ihaus * Craigie , Bond - Co"- .. liams . ^ a syndjca^.e cpmP°se<I °f ^e Bank of California N. A. of San ' ^;v(vY w sewer 195, a p. group Fargo San Diego County, Calif. Bond Offering — R. B. James, County Clerk, will receive sealed bids in San Diego until 10:30 a an. , 60 (PDST) chase Dated July 1, 1962. 1963 to 1986 Due on July 1 inclusive. from In¬ J-J. terest Legality approved by Dahlquist, Herrington & Orrick, Society (P. O. Denver), Colo. $1,000,000 Sutcliffe. offered April $1,085,000 offered May 3— 2083—were awarded to a syndicate headed by the Bank of America N. T. & S. A., of San Francisco, as 5s, 2%s, 3s, 3l/4S, 3V2S and Is, at a price of 100.01, a 195, v. p. members Other about of cost interest net Witter & Co., Paine, Web¬ ber, Jackson & Curtis, Stone & Youngberg, Cruttenden, Podesta & Miller, J. B. Hanauer & Co., J. Hogle & Co., Kenower, MacArthur & Co., Lawson, Levy, Wil¬ liams & Stern and C. N. White A. & Co. Offering—F. Bond 22 purchase of $650,000 .bonds. Dated June 15, 1962. sewer Due p.m. the for Harkins, R. receive 15 from June on inclusive. approved by to 1992 1963 J-D. Interest Legality Dahlquist, Orrick, V acuville, Calif. Bond bids until 28 will Clerk, City 8 p.m. the for water purchase 1, to M-S. terest 1 In¬ Legality approved by Dahlquist, Orrick, Sutcliffe. Bond Sale—The ties Herrington & to Offering Bond ; Sonoma 11 ment 14 for the pur¬ 15, 19o2. 1964 from offered May 9—v. awarded 2083—were to 195, April a received & Trust Co. of Los Bank Angeles, Francis I. du Pont & Co., and Hill Richards & Co.,-as 41/2S, 3s, 3V4S, 3.40s, 3V2S and 3.60s, at a price of par, a net interest cost Hartford, until 11:30 (EDST) on June 7 for the San of A., of price basis of about 3.13%. Francisco, 100.49, a as 3V4S, at Dated Wasco Union School Kern Bond Offering—Vera K. Gibson, County Clerk, will receive sealed bids Bakersfield in (PDST) chase on of from I June 6 for to 11 Due 1967 a.m.* the school 1, 1962. 1963 Interest until $356,000 Dated June June inclusive. J-D. Bond ceive Offerin g—Gordon T. until 9 bids Clerk, in will Los re¬ Angeles (PDST) on June 6 for purchase of $915,000 school bonds. Dated July 1, 1962. Due on July 1 from 1963 to 1987 in¬ clusive. Interest J-J. the received in (PDST) purchase of a.m. Marysville on May $127,000 until 21 for school originally scheduled for May 10—v. 195, p. 2200—has been postponed until June 5. Due Caldwell, by $1,235,000 sewerage composed Co., of & 4s and 3%s, at a price interest cost of as of 98.07, a net about 3.90%. '' to Agency, as June on 6 will inclusive. 1988 gality County Forest Preserve Dist. & Wesleyan University (P. O. Middletown), Conn. Sale—The bonds 195, v. — bids p. as tax 1856 — 3V8S, at Ormond were . West Hartford, Conn. Bond Offering—Arthur therford, Acting receive Connecticut 750 pany, until 11 the bonds. Ru¬ Town Manager, sealed Bank bids & The at Com¬ Trust Main Street, Hartford, (EDST) on May 24 a.m. general N. 8—v. 3 40s, basis purchase of $1,679,000 improvement March 1, 1962. Due Dated March clusive. 1 from 1963 to Principal 1982 in¬ interest and Cook (M-S) payable at The Connecticut Bank & Trust Company of Hart¬ Legality approved by Rob¬ inson, Robinson & Cole. 195, p. 1857—were sold to Housing and Home Finance were Home at Bond Locks, Conn. sealed Offering—James R. bids at The Rab- Connecticut Clerk and that will noon (EST) purchase chase of $435,000 funding Dated Jurte 1, 1 from 1963 to 1962. Due bonds. 011 1977 inclusive. of approved Robinson & Cole. by Robinson, of (CDST) — The City Ashby 1962. to an- Commission sealed bids until May 28 for the $40,000 golf course on Due on Dated inclusive. 1968 Jan¬ January 1 In¬ bids of Dated for 1 from clusive, p.m. the $500,000 school 1, 1962. Due cember re¬ 8 June Bond mitory 195, v. the 7— Lawler offered May 10— 2084—were sold to the Housing and Home Finance Agen¬ 3V8S at a price of par. Humboldt 1967 to pur¬ bonds. De¬ on in¬ 1981 Pierce, Fenner & Smith Inc., Bar¬ ret, Fitch, North & Co., and Shaw, McDermott & Co., as 4s, 2%s, 2.90s and 3s, of cost and composed May revenue 10—v. awarded of to Quail 195, a & p. group Co., Inc., White-Phillips Co., Inc., and Ben¬ jamin Lewis & Co. Sale Bond — offered bonds 1972—were The May basis of Sale—An airport bonds Home State Dated to a April 1, 1962. Pleasant Mt. group that City Commission will receive sealed bids until 11 a.m. (EST) on $313,000 sewage works revenue 10—v. 195, v. bonds National 2%s as 100.06, about bonds offered May Clerk-Treas¬ p.m. 4 (EST) on May 24 Chi¬ a price 3s, at interest cost of 2.92%. Community School \. , Sale—The Carleton D. Beh Company. Waterloo Independent School Sale Bond til to of District, la. Saratoga, Ind. Offering — Marguerite Town Bank and net a 3%s. will receive sealed bids 8— $205,000 school building bonds offered May 14— v. 195, p. 2308—were awarded to 195, p. 2201—were awarded Indianapolis Bond and urer, May offered 2084—were awarded p. First cago, the d Community School Sale—The $525,000 school Bond building Preston Fowler, Ind. o n Le¬ Herrick, and Belin. District, Iowa as Nov. on by Langdon, Sandblom about 2.92%. Corporation, the to Jefferson. Due approved Bond Share $55,000 sold of District, Iowa $750,000 park 7—v. 195, p. awarded issue of was Bank 1 from 1963 to 1973 inclusive. gality INDIANA to net interest a 2.91%. Jefferson, Iowa sewerage offered 2084—were 100.06, about Bond Sale—The $300,000 water¬ Bond Community School $1,325,000 school building bonds offered May 10— v. 195, p. 2201—were awarded to Halsey, Stuart & Co., Inc., John Nuveen & Co., Merrill Lynch, Havana, III. un¬ for — The $1,500 000 school building bonds offered May 9—v. 195, p. 2201—were awarded to a group tinental composed of the Con¬ Illinois National Co. Trust Bank & of purchase of $10,600 site pur¬ chase and firehouse building Chicago, Harriman Ripley & Co., Inc., City National Bank & Trust Co. of Kansas City, bonds. and the on Dated July 1 May from 1, 1963 1962. Due 1973 in¬ to clusive. Legality approved McCord, Ice & Miller. Ross, by 3V2S, at a C. Chi'ds F. & Co., Inc., as 2.70s and 2%s, price of 100.06, a net interest 2V2S, son, 29 C. S. C., Vice-President-r-Buuntil for KANSAS Dame), Ind. Grenola, Ken. Offering—Jerome J. Wil¬ siness Affairs, will bids the 10 2.60s, about 2.66%. cost of University of Notre Dame (P. O. Bond City Manager announces bonds p. Interest J-D. Notre Offering H. par. District, Iowa will until May 21 on chase West Palm Beach, Fla. Bond price of a University (P. O. Des Moines), Iowa Sale—The $1,825,000 dor¬ and student apartment Bond Sale—The Secretary Education sealed ceive Isenbarger, terest J-J. Frank gality B. certificates. revenue June Le¬ L. the receive 1965 pur¬ Offering Board B Sarasota, Fla. from for the Bond of par. Certificate Offering—City Audi¬ 1, May 22 same Housing and Agency, as 3%s, Finance uary on the at sold to the price of a nouces bett, Town Treasurer, will receive offered rev¬ 3V2S, at as Drake County, Homewood- Bond Sale—The bonds enue tor Windsor awarded to of the Chase Flossmoor Community High y 3.62%. sewer $400,000 dormi¬ bonds offered May revenue Agency, a time Duncan & Wood, Inc., a price of 100.02, a at cy, as sendy subordinate water and $43,000 street offered May 2201—were awarded of about 3.39%. tory J. Sale—The $1,300,000 and University off Iowa (P. O. Pella), Iowa Co., Lee Higginson Corp., Herbert Additional Co.; 3V2S, 2%s, Bond Sale—The of about & as Central Weeks,! and Braun, Bosworth & Co., Inc., as 3s, at a price of 100.80, & Co., Inc., and TownDabney & Tyson, as 3V2S, 3.65s and 3.70s, at a - price of 100.0001, a net interest cost of Co., bonds p. Vieth, as the public 195, to composed of Paine, Webber, Jack¬ son & Curtis, Hornblower & Sims group The — improvement were —- Sale Nicolaus & Co., as 2.60s, at a price of 100.53, a basis of about 2.51%. $1,300,000 water series A revenue bonds offered May 8—v. 195, p. 2083— were awarded to a syndicate com¬ posed of Merrill Lynch, Pierce, Fenner & Smith Inc., Bache & a 3s, at a price of 100.02, net interest cost of about 2.90%, Joliet Park District, III. and sewer, price a excise to and revenue Beach, Fla. Bond Sale—The Fi¬ of par. refunding on 7:30 awarded William Blair & Bank, BankersTrust Company, both of New York City, A. C. Allyn & Co., and Stifel, bonds Sealed until received be (EST) — certificates. offered sold to the Housing and Home Agency, will p.m. $1,700,000 dor¬ revenue 2308 p. works Madeira Beach, Fla. $900,000 school 10—v. 195, p. Goldman, Sachs Inc., 2.90s $2,000,000 cor¬ offered May 15—v. group composed Le¬ Mitchell. May composed of Halsey, Stuart & Co., Sale—The porate bonds Caldwell, by approved Trimble M-N. Interest Certificate Offering nance that the $1,800,000 water and electric rev¬ enue certificates. Dated May 1, 1962. Due on May 1 from 1965 to 3M>s, at offered 4—v. (P. O. Flossmoor), III. receive until 11 a.m. (EST) for the purchase of bids sealed 195, p. 2083— the Housing and Sale—The Condon, School District No. 233 announces Community School District, Iowa Inc., Channer Newman Securities Co., and Walter, Woody & Heimerdinger, & group a kindred Barcus, McDougal reve¬ May 16—v. 195, 2084—were awarded to Offering—City Clerk Commission City (EDST) Brighton, Colo. Offering Postponed—The offer¬ ing of $250,000 sewer .revenue bonds by approved price of par. on and bonds offered nue p. Mitchell. U. Fales Ruth Company, 750 Main Street, Hartford, until 2 p.m. COLORADO waterworks Lake Worth, Fla. Bank & Trust bonds. 1961. 1, approved Certificate Trust 9—v. Home Finance District, Yuba County, Calif, Bond Ottering—Sealed bids will II Jan. Payable at the Chase Man¬ Bank of New York City. ford. Wheatland Union High School be May a.m. the Dated Trimble & Sale—The $2,300,000 hous¬ sold were for IOWA Audubon Bond The — (P. O. Chicago), III. June 5 for on & Chapman by Bettendorf, Iowa Sale Bond July 1 from 1964 to 1981 inclu¬ Legality University of Bridgeport (P. O. will County sealed (EST) Le¬ Interest A-O. approved Cutler. a Manhattan sive. Robinson, Robinson & Cole. bonds. on gality 1, ILLINOIS 195, on pur¬ West Covina Unified School Dist., Los Angeles County, Calif. Nesvig, & Bank Legality Company. mitory April 27 County, Calif. $13,990,000 of a Payable at July 1, 1962. Bond District, 12 for the until June various county improvement bonds. purchase inclusive. 2001 April Dated April 1 from 1964 to on 2201—were Offering—Sealed bids will received be Due' 1961. bonds Decatur), Ga. Bond bonds. revenue Bond (P. O. Scrib- Vice-President, Business and Finance, will receive sealed" bids until 10 a.m. (CST) on June 1 for the purchase of $1,785,000 dormi¬ tory construction and refunding 3.54%. De Kalb County hattan Connecticut The a Wyatt, Neal & & Co., John Courts terest cost of about clusive. a 195, p. syndi¬ a Co., Clement A. Evans Co., Inc., J. H. Hilsman & Co., Francis I. duPont & Co., Merrill Lynch, Pierce, Fenner & Smith Inc., and R. S. Dickson & Co., Inc.j as 41/&s, 3.40s, 3V2S and 3.60s, at a price of par, a net in¬ Cook the: purchaset.of .$5,000,000^ !§chool 130,000 firehouse bonds. Due on | July 1 from 1963 to 1972 in¬ offered Bank of America N. T. & S. to & until 2 p.m. .pur¬ ing and dining hall revenue bonds $40,000 school building bonds offered May 7—-v. 195, p. 2083—were awarded to the 10—v. & struction, will receive sealed bids bonds. Bond Sale—The Bond of composed nell, Superintendent of> Public In¬ a.m. Bridgeport), Conn. County, Calif. May Inc., Tampa), Fla. clusive. Victor School District, San Bernardino Interest Bond Offering—J. Crockett Far- $1,230,000 bonds, as jolr of 3.48%. of about on Hillsborough County Special Tax School District No. I (P. O. 750 Main Street, composed of the Bank of Califor¬ nia N. A. of San Francisco, First Western Due proved by Chapman & Cutler. Connecticut The at Bank & Trust Company, group 1, 1961. 1963 to 1989 inclu¬ A-O. Legality ap¬ from 1 sive. Rocky Hill, Conn. p. Dated Oct. cates. Offering—Sealed bids will Legality approved by Chap¬ ner, the Bond Sale—The $1,150,000 water Bond bonds 29 $450,000 Cole. be receive 12:30 p.m. (EST) the purchase of revenue certifi¬ for water May on will Council City sealed bids until Due on July inclusive. Legality ap¬ Robinsn, Robinson & by revenue — awarded Waggoner, Nuveen Bond Offering—City Clerk Interest inclusive. 2001 to & Cutler. net interest cost of about 3.58%. the Company. proved cate 3.60s, at a price of 97.29, Harries H. Gcodlet announces that 1982 to $2,500,000 sewerage and The offered a Certificate of Dated July 1964 A-O. man Benton, III. a.m. Dated from bonds. revenue April 1, 1961. Due on April 1 Valparaiso University (P.O. Valparaiso), Ind. (P. O. Marietta), Ga. Sale 2084—were Hialeah, Fla. general public improve¬ bonds totaling $9,480,000. chase 15 until bids June on a L. $1,100,000 school bonds. Due on July 1 from 1963 to 1982 in¬ County, Calif. •1JV f v ■ $1,935,000 utili¬ p. Controller, will re¬ Cronan, City ceive sealed (EDST) Frederick — 195, 3and lows: Valley of the Moon Water Dist., par. 2083—were awarded syndicate composed of B. J. Street, until 11:30 a.m. (EDST) on Van Ingen & Co., Pierce, Garrison, May 22 for the purchase of $1,Wulbern, Inc., Bacon, Stevenson & 590,000 school bonds. Dated June Co., Robinson-Humphrey Co., Inc., 1, 1962. Due on June 1 from 1963 Clement A. Evans & Co., Harkto 1982 inclusive. Legality ap¬ ness & Hill, and Thornton, Mohr, proved by Day, Berry & Howard. Farish & Gauntt, Inc., as 3s, 3 V'lS, chase .1 as bonds offered May 15 revenue —v. Company, 750 Main Bank & Trust Dated inclusive. 1995 Housing Agency, EI CI .4.Ettstis Carrier, Jr., Town Treasurer, will receive sealed bids' at The Connecticut $500,000 Due on March 1962. 1964 of bonds. revenue March from receive sealed (PDST) on May p. Conn. Bond Offering—Paul S. Trust Offering—Ruth A. Fraker, the to Finance price of a 195, 8—v. May sold Home 31/2S, at Payable at the City Treasurer's of¬ fice on at?The Connecticut Bank; & Herrington & Sutcliffe. offered 2083—were and dormitory Bond Offering—Albert F. bonds Village), Fla. Sale—The $1,637,000 dor¬ mitory and student union revenue bonds by approved Monday, May 21, 1962 . GEORGIA water Shores Bond July on inclusive: In¬ Legality Bond Barry College (P. O. Miami a New Haven, Conn. sealed (PDST) on May will to CONNECTICUT Turlock, Calif. City Clerk, bids until 8 special sold 1992 . Caldwell, Trimble & Mitchell. FLORIDA composed of Coughlin & Co., Inc., .Boettcher & Co., Bosworth,. Sullivan & Coi, Inc., and Peters, Writer & Christensen, Inc. East Hampton, 1, 1962. Due 1963 to J-J. . p. $425,000 12 was 195, from 1 terest , group syndi¬ of Merrill Lynch, Pierce, Fen¬ & Smith Inc., Weeden & Co., Dean bonds assessment cate: ner 1856—were sold to the Housing and Home Finance Agency, as 3V2S, at a price of par. 3.22%. the No. District Paving The — bands 24—v. June Dated Cobb County Bond Sale—An issue of California school 29—v. 195, p. the Housing to Englewood, Colo. District, San Diego County, Sale revenue Finance Agency. Home Sweetwater Union High School Bon d sold 1972—were and hall dining and bonds Wesley College, Inc. (P. O. Dover), Del. Bond Sale—The $335,000 dining hall revenue bonds offered April Sale—The $784,000 dormi¬ Bond tory May 22 for the purchase of $600,000 municipal stadium bonds. DELAWARE Colorado Women's College May 29 for the pur¬ school bonds. on of The Commercial and Financial Chronicle (2432) receive sealed (CST) on May purchase of $1,000,000 a.m. Bond internal Sa e—An issue of improvement sold to Small Larmer Dated May 1, $10,000 bonds Co., 1962. Due was as 4V2S. on Nov. Volume 195 Number 6161 . . The Commercial and Financial Chronicle . "(2433) 1963 to from 1 terest M-N. '.. ■ 1967 inclusive. In¬ v'A- • J s * n Kinsley, Kan. Sale—An issue of $132,000 disposal system construc¬ Bond sewage bonds tion sold was to a syndicate headed by the Chase Manhattan Bank of New York City and Ira Haupt & Company, as 6s, 3V2S and l^s, at a price of 100.17, a net interest cost • Securities *~ Company. of about 3.35%. First the to awarded Other members of the syndicate: Mid-South Bond and sewer May 8 the bonds revenue 195, v. — awarded to a Sorci $1,180,000 water 2201 p. offered were — composed of Securities Corp., group Equitable Almstedt Bros., J. J. B. Hilliard Son, and Merrill Lynch, Pierce, Fenner & Smith Inc., as 2*4s, 2V2S, 3s, 3V4S, 3.40s, 3V2S and 3.70s, at a price of 97.45, a net interest cost Louisville), awarded were headed Son, at 9—v. J. by 2%s, as price a 195, to J. a B. 2V2S, of Due on 1965 1982 inclusive. 2.80%. bers syndicate: the and 3s, interest net a 2085— syndicate Hilliard & cost of about of Other courthouse bonds. 1965 1 F-A. Kentucky Co. Monticello, Ky. Offering—City Clerk Gail announces that the City Edwards will receive bids until 7:30 p.m. (CST) 22 for the purchase of water and sewer Dated June 1 from 1963 to sealed May $580,000 on revenue 1, 1962. Due bonds. on June 1992 inclusive. Le¬ gality approved by Skaggs, Hays & Fahey. East Baton Rouge Parish Hospital 1 (P.O. Zachary), La. Bond Offering—Sealed bids will Service District No. 1, to (CST) purchase of May 29 for the $500,000 hospital improvement from Port Commission of New Orleans (P. O. New Orleans), La. port — The improvement May 15 — v. 195, $25,000,000 bonds p. v, / sealed chase of until 29 for re¬ p.m. pur¬ Nov. 1, Interest M-N. . Note .j■* 'r Fall River, Mass. • Sale—An to the National 'V, "Li //. : • . issue of $1,000,- temporary loan notes Sale — The Due on offered pur¬ totaling 16-—v. 195, May awarded were — Interest to a Mount Holyoke College (P. O. South Hadley), Mass. Bond Offering—Chairman Dun¬ Merriwether announces, bids until 11 a.m. (EDST) May 29 for the purchase of $900,000 dormitory and dining fa1- cilities bonds. revenue 1, 1961. 1964 to Due 2001 Dated on April inclusive. ; sealed bids at the National Shaw¬ Bank, 40 Water Street, Bos¬ ton, until 11 1 from a.m. (EDST) on May purchase of $300,000 pavement loan, bonds. 1, 1962. 1963 to Due on June 1967 inclusive. In¬ Legality approved by Thorndike, Palmer & Storey, fered & 2084 offered — were — The various pur¬ awarded to Co., Co., sealed bids c/o The First National of Boston, Municipal Divi¬ sion, 45 Milk Street, Boston, until 11 a.m. (EDST) on May 24 for the purchase of $1,450,000 bonds, as about 2.73%. the bonds J-J. Miller, Le¬ Can- Detroit, Mich. Note Sale—The $10,000,000 tax anticipation notes offered May 15 —v. 195, p. 2309—were awarded to the First National City Bank of City, at 1.64%, plus a premium of $357. New York Bond Sale—The $75,000 Motor Vehicle Highway Fund bonds fered April 30—v. 195, p. of¬ 1973— awarded to McDonald-Moore were Company. of Richmond, at May 15 v. — to a group of composed Hornblower & Weeks, Paine, Web¬ ber, Jackson & Curtis, and Harkness & Hill, Inc., as 2.70s, at a price of 100.27, a basis of about 2.66%. Bos¬ Trust Company, at the holder's option. Legality approved by Ropes & Gray. Community School Offering — Emmett Hignutt, President of County Com¬ mission, will receive sealed bids until noon (EDST) on June 5 for the purchase of $505,000 county public school bonds. Dated July 1, sewer 1983 $400,000 park bonds. of May 28 for the pur¬ Golden Valley, Minn. Bond Sal e-^-The $2,600,000 water system improvement bonds 10—v. 195, p. 2202— to a syndicate by Piper, Jaffray & Hop- awarded were headed wood and Juran & Moody, Inc., 3V2S, 3.60s, 3.70s, 3%s and 3.80s, as at price a of of par, interest net a about 3.78%. members of the syndi- Allison-Williams cae: Co.; Blyth Co., Inc.; J. M. Dain & Co., Inc.; Merrill Lynch, Pierce, Fenner & Smith Inc.; Northwestern Na¬ tional Bank, Minneapolis; Paine, Webber, Jackson & Curtis; B. J. Van Ingen & Co.; Kalman & Co.; E, J. Prescott & Co.; Caldwell, Phillips Co.; Mannheimer - Egan Inc.; Shaughnessy & Co., and & Woodard-Elwood & Co. Bond Grand Rapids, Minn. Sale—The $500,000 disposal age May plant 9—v. 195, awarded to a & M. Dain National bonds p. group Co.; Bank sew¬ offered 2085—were of Northwestern composed of Minneapolis; Piper, Jaffray & Hopwood; Woodard-Elwood & Co., and Shaughn¬ essy & Co., as 3s, 3.20s, 3%'s and 3.60s, at a price of par, a net in¬ cost of about 3.49%. No. 274, Minn. Bond Offerng—June Throdahl, District Clerk, will receive sealed bids until 4 p.m. (CDST) on May for the purchase of $875,000 building bonds. Dated May Karlstad until 8 p.m. (EST) on May 22 for purchase of $550,000 school bonds. Dated May 1, 1962. Due on July 1 from 1963 to 1988 inclu¬ the & No. 1 Bond school Bond Sale—The $125,000 school building bonds offered May 4 —• v. 195, p. 1859—were awarded to Allison-Williams Sale—An issue of $95,000 sold to Mc¬ was Donald-Moore & Co, Wayne County, Bakewell Drainage District, Mich. Bond Co., and Piper, Hopwood, as 2.90s, 3.70s, at a price, Jaffray & 3.30s, 3.60s and of par, a net interest cost of about 3.55%. Lakeville, Minn. Township School District (P. O. Saginaw), Mich. bonds Independent School District No. 353, Minn. Stone. Offering—Sealed bids will Bond Sale—The $175,000 treat¬ plant facilities construction ment bonds offered 2203—were May 10—v. awarded to 195, a p. group composed of Juran & Moody, Inc.; Kalman & Co., and E. J. Prescott & Co., as 234s, 3.20s, 3.60s, 334s and 3.90s, at a price of par, a net interest cost of about 3.74%. a.m. (EST) on Motley, Minn. May 24 for the purchase of $138,Bond Sale—An issue of $125,000 000 sewer special assessment waterworks improvement bonds bonds. Dated April 1, 1962. Due was sold to Piper, Jaffray & Hopon May 1 from 1963 to 1977 in¬ Wayne County, Livonia Drainage Districts (P. O. Detroit), Mich. Bond project until construction loan bonds on May for 24 Dated April 1, to the First Boston 1 from gality price Corp., as 2%s, 100.43, a basis of North Suburban District 1963 to 11 the (EST) a.m. purchase totaling of $710,000. 1962. Due May on 1977 inclusive. Le¬ by Miller, field, Paddock & Stone. approved MICHIGAN Can- Minn. Bond Offering—Albert K. JoyDistrict Clerk, will receive ner, on June $450,000 be received until 8 p.m. (EST) May 24 for the purchase of $20,school Due 1980 bonds. on Dated June inclusive. 1 June from 1, 1963 Interest J-J. Mankato), Minn. $49,000 drain¬ bonds offered May 8—v. 195, 1858—were awarded to the Bond on age p. National Paul the and Bank National 7 of Bank St. of 8 for the sanitary (CDST) purchase of p.m. sewer bonds. Due on July 1 Inter¬ J-J. Legality approved by Owen, Marquart, Wind¬ & West. Robbinsdale Indep. School Dist. No. 281, Minn. Sale—The American until Dated July 1, 1962. Dorsey, Blue Earth County (P. O. 12 from 1965 to 1972 inclusive. horst Bond Offering—Sealed bids will bids sealed est MINNESOTA Breedsville School District, Mich. Sanitary Sewer (P. O. Minneapolis), Offering—Sealed bids will received school wood. clusive. Interest M-N. bonds to to p.m. Bond Offerin g—Edward R. drain 1962. 1964 on Stockbridge School District, Mich. totaling $1,380,000 offered May 10 —v. 195, p. 2201—were awarded 000 from 1, 1962. Due on Feb. 1 from 1965 District, Mich. to 1987 inclusive. Interest F-A. Sale—The $60,000 tax an-, Legality approved by Howard, ticipation notes offered May 7— Peterson, LeFevere, L e f 1 e r & v. 195, p. 2202—were awarded to Haertzen. the National Bank of Richmond. be Sale—The of about 2.70%. County (P. O. Denton), Maryland 1 (CDST) Y MARYLAND Caroline of im¬ sewer Note Worcester, Mass. a sanitary be received until 11 Bond and purchase chase school Sale—The various purpose $1,325,000 offered 195, p. 2309 — were (CDST) p.m. Crystal, Minn. 28 2.75%. Richmond 8 the Hopkins Independent School Dist. Note Sale—The $132,000 tax an¬ ticipation notes offered May 7—v. 195, p. 2203—were awarded to the Bank a about Bond Offering—Sealed bids will be received until 7:30 terest Memphis Community School District, Mich. National for J. Lake Orion, Mich. totaling awarded 1, 1962. Principal (M-N) payable at Millinocket by field, Paddock & Stone. at at Interest approved Thomas Springfield College (P. O. $1,300,000 school bonds. Due on Springfield), Mass. May 1 from 1963 to 1982 incl. Bond Sale—An issue of $525,000 100,000 library bonds. Due on May 1 from 1963 to 1982 incl. dormitory, first mortgage revenue bonds was sold to the Housing and 50,000 town garage bonds. Due Home Finance Agency, as 3V2S, at on May 1 from 1963 to 1972 a price of par. inclusive. or on $1,850,- July 1, July 1 from 1963 to inclusive. gality dock follows: ton, (EST) Kidder, Peabody F. Brittain Kennedy sive. Interest J-J. Legality ap¬ 2%s, at a price of 100.10, proved by Miller, Canfield, Pad¬ of Bond of on until 5 Jan. on Other Cardi¬ receive and as Springfield, Mass. Millinocket, Me. Bond Offering—J. Fred Tingley, Town Treasurer, will receive Bank will Weddon, Secretary of Board of Education, will receive sealed bids totaling $584,000 of¬ 10—v. 195, p. 2201— May basis a Sale bonds MAINE National Due 1992 Dodge. Bond /: interest 1962. 1 Bedford, Mass. Bond Offering—Mark A. Castro, City Terasurer, will receive Dated June Clerk, of provement, Series I general obli¬ gation bonds. Dated July 1, 1962. cost Offering—Joseph City June offered May June 5 for the purchase of 000 sewer bonds. Dated In¬ New the , Cheboygan, at 3%. Bond received $4,150,000 Dearborn, Mich. & Legality approved by Ropes & Gray. for L 195, p. 2202—were awarded to the Michigan Citizens National Bank of be on Wright, Mc- $50,000 tax anti¬ offered May 8—v. notes 2s, at as basis a Brooklyn Park, Minn. Offering—Sealed bids will ap¬ that on & May cipation sealed 23 Legality Cudlip. the Board of- Trustees'will receive pose to Scharff & Jones, Inc. & Mankato, 100.03, • Bond terest J-D. 1982. 1962. Interest J-J. sealed bids until 8 p.m. various group composed of Eastman Dil¬ lon, Union Securities & Co., State Street Bank & Trust Company of Boston, and Hemphill, Noyes & Co., as 2%s, at a price of 100.26, a basis of about 2.71%. 1857—were awarded Dated July 1 nal, improvement bonds $940,000 2308 p. mut construction May 1, 1962. Due from 1964 to 1991 in¬ Note Sale—The Shawmut Bank of Framingham, Mass. Bond of Cheboygan, Mich. ,i can school sold was Boston, at 1.33%. pose purchase Dated clusive. Le¬ ' 'i the of 1.98%. inclusive. Interest J-J. Nov. 1 from 1962 to on afield & Wood. were and on for proved by Dickinson, Dated gality approved by Hawkins, Del- (P. O. Franklin), La. Bond Sale—The $335,000 school bonds offered May 10—v. 195, p. Bank bonds. 28 Kean 1999 inclusive. 000 May $800,000 Commerce of price Due Midland), Mich. bonds. Due 1, (EST) 3 the May May 1, 1963. $2,850,000 student union revenue 1959. bids May on on Dated Bond Offering—Sealed bids will be received until 8 p.m. Bond Offering—Kurt M. Hertz- (EDST) Due on May 21 $125,000 tax of Bullock School District (P. O. on feld, Assistant Treasurer, will ceive (EST) p.m. purchase , 2.73%,: University (P. O.¬ Boston), Mass. Bond Sale of the 1962. Hutzler, 100.03, a Boston macadam St. Mary Parish, Fifth Ward Special School District No. 1 bonds. Bond price a & Pembroke, Mass. 7:30 p.m. on 1 Legality approved by Foley, The First LOUISIANA be received until Aug. Almstedt Bros., Blyth & Co., Inc., Bankers & Securities Co., Inc., Stein Bros. & Boyce, Equitable Securi¬ ties Corp., W. L. Lyons & Co., Graham-Conway Cor., Alden & Co., Goodbody & Co., and The Commission from Brothers about mem¬ Bond Bond Feb. 450,000 public improvement $1,260,000 p. 2%s par, sealed bonds. school building revenue bonds of¬ May receive $775,000 public improvement road to April 1857—were awarded p. at of offered Cox & Judell. The — 195, 2%s, basis 7:30 anticipation notes. bonds Salomon Parish a.m. Feb. Kentucky fered 11 the (CST) on June 12 for the purchase of $1,225,000 bonds, as follows: Dated Sale will Jury bids until of about 3.65%. Bond that until for terest A-O. Offering—Secretary J. E. announces Police & Jefferson Count (P .O. 18—v. as Rockwood), Mich. Note Offering—Raelph E. John¬ son, Secretary of Board of Edu¬ cation, will receive sealed bids loan project to Brownstown Township, Gibraltar School District (P. O. Le¬ Billerica, Mass. from Chalmette), La. Franklin, Ky. J-J. Sale—The $404,000 school Bond April St. Bernard Parish (P. O. KENTUCKY Interest MASSACHUSETTS , Securities Co. July 1 from 1963 to on inclusive. gality approved by Miles & Stockbridge. Harriman Common School Bond Sale—The 1987 / Ripley & Co., Inc.; Smith, Barney & Co.; Phelps, Fenn District No. 12 (P. O. & Co.; Salomon Brothers & Hutz¬ Salina), Kan. ler; Philadelphia National Bank; Bond Sale—An issue of $80,000 J. C. Bradford & Co.; Paribas school building bonds was gold to Corp.; Laidlaw & Co.; Francis I. the Columbian Securities Corpo¬ duPont & Co.; American Securi¬ ration, as 3%s,/3%s, 3%s and 4s. ties Corp.; Trust Company of Dated June 1, 1962. Due on Sep¬ Georgia, Atlanta; National Shawtember 1 from 1964 to 1977 inclu¬ mut Bank, - Boston; Johnston, sive. Interest M-S. Legality ap¬ Lemon & Co.; Illinois Co.; Abroms proved by Dean & Dean. & Co.; Industrial National Bank of Rhode £ Island, Providence Topeka, Kan. Provident Bank, Cincinnati; First Bond Offering—Frank L.t War¬ National Bank, Birmingham; ren, Commissioner of Finance and Revenue, will receive sealed bids Parker, Eisen, Waerkerle, Adams & Purcell, Inc.; Wells & Christenuntil 11 a.m. (CST) on May 24 for Inc.; Alvis & Co.; Burns, the purchase of $1,110,000 Kansas sen, Corbett & Pickard, Inc.; Shelby City River Interceptor Sewer Cullom Davis & Co.; Dewar, bonds. Dated June 1, 1962. Due Robertson & Pancoast; Clement on June 1 from 1963 to 1982 in¬ A. Evans & Co., Inc.; R. James clusive. Interest J-D. Foster & Co., Inc.; J. S. Love Co,; Wichita, Kan. McMaster, Hutchinson - & Co.; : Bond Sale—The $4,890,000 bonds Newburger, Loeb & Co.; James D. offered May 15—v. 195, p. 2308— O'Donnell & Co.; Taylor & Co.; were awarded to a syndicate Underwood, Neuhaus & Co., Inc.; headed by the Morgan Guaranty Watkins, Morrow & Co.; Arthur L. Trust Company of New York City, Wright & Co., Inc.; Jack M. Bass; at a price of 100.007, a net interest & Co., Inc.; Blewer, Glynn & Co.; cost of about 2.61%, as follows: Doll & Isphording, Inc.; Oscar E. $3,350,000 paving and sewer bonds, Dooly & Co.; Einhorn & Co.; Har¬ as 2%s. rington & Co., Inc.; Hendrix & ; 1,400,000 library bonds, as 2V2S, Mayes, Inc.; Janney, Battles & E. W. Clark, Inc.; Hamp Jones Co.; 2%s and 3s. > 140,000 general public improve¬ Juran & Moody, Inc.; Kroeze, Mcment bonds, as 2V2S. Larty & Co.; Mid-South Securities Co.; Peoples National Bank, Char¬ Other members of the syndicate: lottesville, Putnam & Co.; Felix Salomon Brothers & Hutzler; M. Rives, Seasongood & Mayer, Wertheim & Co.; Bache & Co.; Southern Bond Co.; Stubbs, WatBrown Bros. Harriman & Co.; kins & Lombardo," Inc:; Thornton, Rand & Co.; Blewer, Glynn & Co.; Mohr, Farish & Gauntt, • Inc.; Shelby Cullom Davis & Co.; John M. B.-Vick & Co.; Weil, Roth & Small & Co., Inc.; Horner, BarksIrving Co. and Zahner & Co. dale & Co. and the Salina County 1962. Due 61 Bond Offering—Sealed bids will be received on May 31 until for 4 the p.m. (CDST) purchase $1,050,000 school building bonds. of 62 The Commercial and Financial (2434) district Independent School St. Louis Park Bond Sale—The June $1,250,000 school from 1 1962. Due on J-D. Legality ap¬ May 15 —v. 195, p. awarded proved by Charles & Trauernicht. |to a syndicate headed by Piper, Springfield, Mo. Jaffray & Hopwood, as 2.90s, 3s,. .Bond Offering — J. Oliver 3.30s, 3.40s and 3V2S, at a price ofGideon, Director of Finance, will par, a net interest cost of about' receive sealed bids until; 11 a.m.3*32%. »(CST) on June 6 for the purchase Other members of the syndicate: of $6,750,000 public utility reve¬ Allison-Williams Co.; J. M. Dain offered 2085—were bonds building Co., Inc.; First National Bank, Minneapolis; First National Bank, St. Paul; Northwestern National' & Brick inclu¬ 19,92 to 1964 Interest sive. NEW JERSEY system revenue sewerage bonds. Dated June 1, District No. 283, Minn. Offering Union Sal e—The Trust rjAor- L. — R. Brower, Due 1962. Le¬ Interest J-J. inclusive. 1975 1964 to 1 from Jan. on school bonds was of ; 1963 terest M-S. inclusive. In¬ Legality approved by Charles & Trauernicht. /; Trenton), N. J. S a 1 e—Township sealed May on until 8 for bids the 17 $184,000 Waseca), Minn. Sale 1 from 1963 purchase Ernest drain¬ Board of sealed bids 1856 awarded to the were — Bank of St. Paul. First National until 810,000 v Due on A-O. Sale—The $160,000 bridge offered May 8 — v. 195, 2202 — were awarded to Alvis & Company. City .Clerk, will' receive water bonds. sewer Dated Mississippi (State of) Offering —Joe T. Patter¬ Legality approved by Haw- nofofioM kins, Delafield & Wood. County School Dist. (P. O. Grant), Mont. Bond Offering — Frances Bren¬ District Clerk, will receive Bend ner, Regional High School (P. O. West Long Branch), N. J. Bond Offering—Sylvia M. Borst, Secretary of Board of Education, will bids sealed receive re- the pur- Due bonds, June on 1992 inclusive, until 8 general $9,505,000 bonds, as General and Ex- obligation e$2,724^)00 a follows:. Due Chinook, Mont. 1982 Offering Postponed—The offer¬ ing of $202,500 water system im¬ provement bonds scheduled for $9,195,000 Series A-2 bonds. May on from 1 1963 to inclusive. 310,000 building bonds. Due on May 1 from 1963 to 1975 in¬ clusive. Dated M-N. Interest approved by 1, May Legality 1962. Charles and Trauernicht. Monroe fering County Fourth Super¬ (P. O. ment for Aberdeen), Miss. trial v. Libby, Mont. Sale—The $750,000 indus¬ plant bonds offered May 7 — p. 2085—were awarded to Bank * & Co., and William S. Morris & Co., as 3.30s, at a price of 100.03, a basis of about 3.29%. The of¬ city improve¬ scheduled for 2202—has May 21. school Culver-Stockton College (P. O. Canton), Mo. $426,000 Bond mitory April 28 revenue — 195, v. bonds dor¬ offered 1858 p. (MST) chase Sale—The —were sold to the nance Housing and Home Fi¬ Agency, as 3V2s, at a price par. Jackson County Consolidated until 8 serial Other members of the syndicate: be the first choice and will the be Haupt & Co.; Boland, Saffin, Gordon & Sautter; Fidelity Union Co.; F, R. Co., and J. R. Ross & Co. Loeb second Offerin until 8 p.m. the for school (EDST) purchase bonds. Interest approved by May 7 $400,000 May 1, 1962. 1 from 1963 to 1982 inclusive. on June on of M-N. Hawkins, Bond 000 Sale—An issue of $1,000,bonds was sold to the Commerce Trust Company of Kansas City and Stern Brothers Co., as 3V2s, 3.40s, 3Vis and 3.20s, at a price of 100.01, a net & interest cost Dated June 1, of about 3.26%. 1962. Due on June 1 from 1972 to 1982 inclusive. In¬ terest J-D. Legality approved by Mag, Thomson, McEvers Stinson, and * New Offering Bond Jean of receive Board choice and the second serial bonds will be Sale—The $250,000 public improvement bonds offered May choice. No. 6 Bond Offering — Barbara sealed p.m. Trust $15,000 Company of Jefferson City. Metropolitan St. Louis Sewer Dist. (P. O. St. Louis), Mo. 3 will p.m. the receive (CDST) for the purchase Coldwater Creek of Board sealed bids May 28 $4,500,000 Sub- 1 until for 8 the (MST) purchase of will be the second choice. Bond — The (P. O. Parish), N. Y. Offering — Wells Harter, for the purchase school bonds. $135,000 city refunding bonds offered May 7 — v. 195, p. 2085—were awarded to Piper, Jaffray ^..Hopwood. rr Dated Due 1 on June Interest approved & Wood,. by .R $1,204,000 June from inclusive. of 1, 1962. 1964 to J-D. Hawkins, May March from Clerk, will until 11 for the 24 school bonds. 1970 to receive (EDST) purchase of a.m. 15, 1962. Due 1967 terest Dated March 15 on inclusive. In¬ M-S. Legality approved by Sykes, Galloway & Dikeman. Mount Vernon City School Dist., v New York Bond Offering—Sealed bids will be received until on June 5 for the 11 a.m. (EDST) purchase of $7,- 200,000 school bonds. Croghan and (P. O. Beaver Falls), New York Bond Sale—The $161,000 school building bonds offered May 8—v. 195, p. 2203—yvere awarded to Ira Haupt & Co., as 2%s, at a price of 100.14, basis of about 2.73%'. a New York City Housing Authority, NeW York t . Note Offering—Chairman Wil¬ liam Reid that announces the Authority will receive sealed bids until 1 p.m. (EDST) on May 22 for the purchase of $31,845,000 temporary loan notes, as follows: $9,845,000 Due Series on 22,000,000 . Due Dated at until 24 for 11 the on CTN-33 notes. V Sept. 13, 1962. Series CTN-34 notes. Feb. 13, 1963. June 14, Chemical 1962. Bank Payable New York. sive. the public 1 from improvement 1963 Interest by proved to A-O. Sykes, inclu- 1979 Legality ap- Galloway & ^ Dikeman. Huntington Union Free School District No. 13 (P. O. Hunt¬ school — The building May 15 — v. a $4,845,000 offered \ Levitt will sealed bids at his Office New 1 (State of) Offering j— State troller Arthur Building, York (EDST) City May on Comp¬ receive office, The State 270 Broadway, 7, until 11 a.m. 23 for the pur¬ chase of $57,330,000 housing bonds. Dated June 1, 1962. Due on June 1 from 1964 to 2012 inclusive. pay¬ able at the Chase Manhattan Bank of New York City. Pembroke Fire District 195, p. 2310 — were syndicate headed by as Other members of the syndicate: Kidder, Peabody & Co.; Roosevelt & Cross; Geo. B. Gibbons & Co., Inc.; Bacon, Stevenson & Co.; duPont Bond paratus and equipment fered April 17—v. manent tion, bonds of¬ 195, awarded to the were 1859— p. Niagara Per¬ Savings & Loan Associa¬ 2.80s, at a price of par. as Pendleton Water District (P. O. Lockport), N. Y. Co.; First of Michigan Corporation; Adams, & Co., Inc.; Chas. E. Weigold & Co., Inc.; Tilney & Co.; R. James Foster & Co., Inc. and Kenower, MacArthur & Co. ' Sale—The $40,000 fire ap¬ & McEntee (P. O. Corfu), N.Y. 3V4S, at a price of 100.08, a net interest cost °f about 3.24%. I. Bond York bonds Halsey, Stuart & Co./ Inc., Francis : * New Principal and interest (J-D) ington Station), N. Y. Sale Lane. (EDST) purchase of bonds. Dated April 1, 1962. Due On April Company of New York City. Legality approved by Sullivan, Donovan, Hanrahan, McGovern & a.m. Bond water Sale bonds 195, p. a 2311 The — offered awarded were — composed group $1,200,000 May 15—v. of to the Marine Trust Company of . Western New in Buffalo, Blair & Co., Inc., Roosevelt & Cross, and the York, Islip and Brookhaven Union Free School District No. 5 Manufacturers Company of Buffalo, as 3s, at a price of 100.28, a basis of about Bond Offering—Bernard F. Mc¬ Laughlin, District Clerk, will ceive sealed (EDST) chase of on bids until! May 22 for 2 the re¬ p.m. bonds. Dated May 1, 1962. Due on ' by M-N. Legality Sykes, Galloway & Traders and Trust * Saliha and Clay Central School District No. 1 (P.O. Liverpool), N.Y. $255,000 school building May 1 from 1963 to 1982 inclusive. Interest 3.22%. pur¬ 1992 Legality Delafield V'-H bids (P. O. Blue Point), N. Y. District Clerk, will receive sealed bids until 2 p.m. (EDST) on May 23 Whitefish, Mont. Sale May Central School Dist. No. 2 bonds will be the first choice and Bond bids $298,000 liamstown and West Monroe building bonds. Dated June 1, 1963. Amortization bonds will Bond Offering—A.F. Sulla, Jr., Town Supervisor, will receive Albion, Parish, Orwell, Hastings, Mexico, Amboy, Richland, Wil- school of on Trunk bids June serial Bond Offering — Acting Secre¬ tary-Treasurer Charles Clardy that on NEW YORK Cos- to the Boatmen's National Bank of St. Louis, and the Central Missouri 2085—were awarded p. Legality approved by Hawkins, Delafield & Wood. (P. O. Big Timber), Mont. will receive Trustees Principal and interest payable at the Woodbridge (J-J) griff, District Clerk, until inclusive. National Bank. Bond announces An- of Sweet Grass County School Dist. Jefferson City, Mo. 195, H. sealed bids until 8:30 p.m. Fizzell. 7—v. Offering—Helen Helper, derson, Secretary of Board of Trustees, will Education, will receive sealed bids until 8 p.m. (EDST) on May (MST) on May 21 for the pur¬ 28 for the purchase of $4,500,000 chase of $160,000 school building school bonds. Dated July 1, 1962. bonds. Dated June 1, 1962. Amor¬ Due on July 1 from 1963 to 1980 tization bonds will be the first Clerk — District p.m. Harrison, N. Y. \ awarded to Jersey Interest Trust Legality Woodbridge Township School District (P.O. Woodbridge), • Bond Charles J. Hawkins, Delafield & Wood. Bond County, Lambert High School District No. 4 (P. O. Lambert), Mont. 1992* inclusive. Long Beach City School \ District, N. Y. Bond Offering—Frances Morri¬ Dec. 1 from 1963 to 1991 inclusive,; & Wood. 2202. Richland school — i; Jan. 1 from on . Interest J-D. Legality approved by Delafield School District No. 2 (P.O. Raytown), Mo. Offering Dated Due p. g—Joseph R of Board of Coombs, Secretary Education, will receive sealed bids Note—The foregoing supersedes the report in our issue of May 7 195, Bond Gaughan, Town Supervisor, receive sealed bids until 2 Gn _^e„u' Jersey Bond choice. —v. & Upper Pittsgrove School Dist., ™ p.m. May 29 for the pur¬ $135,000 school bonds. July 1, 1962. Amortization bonds District, N. Y. sealed on bonds will > Cole & of Dated Hamburg, Master Sanitary Sewer bonds. Dated June 1, 1962. Due on Offering—H. Dawes Lott, of Board of Trustees, will bids Le¬ 3.83%. Newburger, (P. O. Twin Bridges), Mont. sealed M-N. (EDST) on June 12 for the purchase of $3,500,000 sanitary sewer Co., & to No. 1 Inc., bidding for $2,027,000 bonds, as 3.85s, at a price of 100.17, a basis of about Ingen Co., of Newark; John J. Ryan & Co.; J. B. Hanauer & Co.; County, Twin Bridges High School District No. 7 receive Interest V Fleisch-* J. Legality approved by Sykes, Galloway & Dikeman. Offering—Ernest Haffner, offered May 15—v. 195, p. 2202—were awarded- to a syndicate headed by B. J. Van Ira 1964 1962. Due New Bremen, inclusive. .♦ Watson Central School Dist. Trust Madison Clerk bonds ^ \ J-J. Clifton Park, Fischer Ferry Fire District (P. O. Rexford), N. Y. 1982 inclusive. 1990 to Offering—M. July 1, gality approved by Sykes, Gallo¬ way & Dikeman. , . South Plainfield School Dist., N. J. Bond Sale — The $2,030,000 Bond MISSOURI of — originally 7—v. 195, p. been rescheduled of Mem¬ phis. $75,000 of bonds May 195, the First National ; Offering Rescheduled visors District Bond May 8—v. 195, p. 2202—has been postponed until June 4. V ' T C Delafield & by Hawkins, 1962 City Treasurer, will receive sealed bids until 11 a.m. (EDST) on May 29 for the purchase, of $2,375,000 city hall bonds. Dated iSSh Yor£ Trust Company, both ^ and bpe"c^ £°'; a & Co., Wood, Hayden, Stone (EDST) on June 14 for the purchase" rot' $2,213,000 , school proved Wood. Bond $300,000 0 231j*s ^^awarded to indicate Laded bTtht Chase ^anhatt®n BaL Chemical Bank- Bond p.m. Long Beach, N. Y. ; on p.m. be the second choice. from sealed •Patchogue), N.Y. ■ 1 son, District Treasurer, will receive sealed bids until 8 p.m. (MST) on officio Secretary of State Bond sealed bids until 2 p.m. (EDST) on May 28 for the purchase of $50,000 bonds. Dated Aug. 1, 1961. Due on May 29 for the purchase of $45,000 Commission, will receive separate school bonds. Dated June 1, 1962, sealed bids until 10 a.m. (CST) Amortization bonds will be the Aug. 1 from 1963 to 1984 inclu- fire house bonds. Dated May 1, on sive. Interest F-A. May 23 for the purchase of first choice and serial Legality ap- 1962. Due on May 1 from 1963 to bonds will Attorney son, ber Interest A-O. ' T 3 on May 24 for the pur¬ of.$3,219,000, school bonds. Dated April 1, 1962. Due on Octo¬ In- Brookhaven Union Free School ~ until bids (EDST) Legality approved by Delafield & Wood. ' *°nd sealed chase J-D. Struthers District Beaverhead . p.m. for ceive man, 2:30 school N. Anderson, District Clerk, will re¬ , sealed bids until 8 p.m. (EDST) on May 23 for the purchase of $26,000 storm (P. O. Liberty), N. Y. Offering — William Bond , Florence until 1, 1962. 1963 to Hawkins, Offering—Russell O. Cole, Shore MONTANA p. No. 7 from terest ;\'Y:-!r;-, . J-D. Dated Oct. 1, 1961. Legality approved by Charles & Trauernicht. Brookhaven), Miss. bonds receive p.m. , J. Interest Lincoln County (P. O. Central School District No. 1 District No. 24 (P. O. Oct. 1 from 1964 to 2001 inclusive. MISSISSIPPI i bids $373,000 Dated June Hanrahan, June 1, 1962. Due on June 1 from 1963 to 1967 inclusive. Interest bonds. Bond 2 (CDST) 1 for the purchase of $2,student housing revenue June on will Directors the that announces of of Legality approved by Donovan, c Mrs. — Mayv 22 (EDST)on McGovern & Lane. Bond Offering sealed chase 1977 inclusive. In- to r George, District Clerk, will ceive various purpose bonds, 1, 1962. Due on June Offering—Secretary John bonds offered May 7—y. 195, age p. H. The $56,000 — B. (EDST) p.m, St. Louis), Mo. Bond Bond Clerk Dated June Sullivan, Bond - - - Bond ,, Brookhaven Union tree School District No. 10 (P. O. V Shoreham), N. Y. - Ewing Township (P. O. terest J-D. Washington University (P. O. County (P. O. '■ 1 Township Committee will receive 1982 to t '•'?»*> sold to the Boat¬ 3V2s, 3V8s, 3.10s and 3s. Dated 1, 1962. Due on March 1 as * John A. Garzio announces that the May gality approved by Dorsey, Owen, Marquart, Windhorst & West. Waseca sink, Rockland and Thompson New- $475,000 men's National Bank of St. Louis, from ' • ■ Liberty, Bethel, Fallsburgh, Never- $1,895,000 Company '' Monday, May 21, 1962 . No' 1 <P'°- D 0 Bond Sale—An issue of will receive sealed bids until 5 p.m. (CST) on May 24 for the purchase of $90,000 im¬ provement bonds. Dated July 1, > . chool Dist. chase of $895,000 school bonds, ark; Ira Haupt & Co.; Herbert J.' °ated June 15, 1962. Due on June Sims & Co., Inci; F. R. Cole & Co., ^ from 1963 to 1992 inclusive, and J. R. Ross & Co., bidding for Interest J-D. Legality approved nue bonds. Dated June 1, 1962. $1,894,000. bonds,: as 33/4s/. at a by Sykes, Galloway;;:& Dikeman.;, Due on June 1 from 1965 to 1987 price of 100.06, a basis of about ,,, I" inclusive.. Interest J-D.•-Legality Stillwater, Minn. Clerk, Chazy . New York school bonds offered May 10—v. Bond Offering — Mary L. 195, p. 1975—were awarded to a Gregory, District Clerk, will syndicatev composed of Boland, receive sealed bids until noon Saffin; Gordon & Sautter; Fidelity (EDST) on May 29 for the pur-r Bond , Bond Plattsburgh, Township School District (P. O. Brick Town), N. J. Bank, Minneapolis; Caldwell, Phil- approved by Stinson, Mag, Thom¬ son, McEvers & Fizzell. lips Co.; Mannheimer-Egan, Inc., and Sampair, Egan & Schaps. - : Washington School District, Mo. City Beekmantown, Chronicle Bond school 195, p. Sale bonds — The $1,580,000 May 15—v. offered 2311—were awarded approved syndicate; Dikeman. Stuart & headed Co.^ Inc.,. by as to a Halsey, 3.20s, at a Volume 195 Number i 6161 . . The Commercial and Financial Chronicle . '• .. price of 101.05, basis a Magnus & Co., about of 3.09%. cf lOOill, Other members of the syndicate: Chemical Bank New York Trust as 3%s, at a price basis of about 3.36%. a $171,570" street improvement bonds, Series T962-1. ~ Due on Beachwood, Ohio Bond Sale cial $438,310 Fre¬ Sewer mont-Green District spe¬ bonds assessment May 7—v. 195, Series offered from 76,270 awarded to McDonald & Co., as 3s, at price a of 100.50, basis a \ of awarded to a Wertheim of & bonds scheduled for from May & of /. Offering:—Clark 14—v. the purchase of $975,000 College of Syracuse Univer¬ Dated Nov. 1 .from 1, Hawkins, Due 1959. 1962 to & -<v ... • . ; Utica, N. Y. r New $1,125,000 vari¬ public improvement bonds of¬ fered May tan 195, to 2311— p. Chase Manhat¬ Bank, and Bankers Trust Co., both at 17—v. awarded were of New York City, 2.60s, as price of 100.49. a from 1 S a anticipation 7-v. to 195, j a. 1 e—The Clark fe of 100 03, price Bond Secretary Easter- of Local Govern¬ ment Commission, will receive sealed bids in Raleigh until 11 bonds No. 1 a June on inclusive. from 1 1963 to 1989 Payable at the Chase Manhattan Bank of New York City. Legality approved by Reed, Hoyt, Washburn & McCarthy. Canton, N. C. Offering—W. E. of Bond Easter- Secretary ment Commission, will receive bids in Raleigh until 11 (EST) on May 22 for the of Local Govern¬ sealed a.m. purchase of $80,000 bridge bonds. Dated June 1, 1962. Due on June 1 from 1963 to 1982 inclusive. In¬ terest J-D. Legality approved by Hoyt, Washburn & Mc¬ Reed, Lexington, N. C. Offering—W. E. Bond Easter- ling, Secretary of Local Govern¬ ment Commission, will receive separate sealed bids until 11 a.m. chase May on of for 29 the $1,000,000 bonds, pur¬ as fol¬ lows: $600,000 water bonds. Due 1963 to June 1. from 1986 on in¬ clusive. 400,000 sanitary Due on 1986 a about 1 from 1963 June 1, 1962. Interest Bond Sale—An issue of sanitary bonds sewer American Company of price of a was National NORTH price of 100.08, $15,000 sold Bank Danville, to 3.49%. Walsh as p. Frederick A. Oct. 1, 1963 and Legality ap¬ by Peck, Shaffer & Wil¬ proved on A-O. liams. a 5s. Sale—An issue of $50,000 sold to Bar- was Kindred & Co., as 4y4s, at a price of 100.60, a basis of about 4.17%. Dated May 15, 1962. Due cus, Manheim Central School Dist., Pa. Carnegie) bonds e Bond Offering-Michael of about members Smith a net in- 3.49%. the of syndiPierce Fen- Inc.; Pacific North- £°'> ^ B d2 M $125,000 bonds building Dated June on lusive j- from equipment and June j 1963 interest 1962 to J-D. May fire 4—v. Due 19„ in_ Legality Principal and in¬ payable at the Mor¬ YorkCity. proved Legality Sinkler, Gibbs by Simons. Sa.e—The $400,000 sewe* bonds offered May 11 — 195, v. 2203—were p. Alester G. awarded to Furman Co., and Rob¬ inson-Humphrey Co., Inc., V."3; and -4s. as 3.90s ■ Richland-Lexington Airport ' District, S. C. Offering—Sealed bids will be received until noon (EST) June 5 for the purchase of 000 airport bonds. Dated 1962. 1982 on Due on June 1 from 1963 to County, DAKOTA Chamberlain Chamberlain), S. Dak. Bond Offering—Wilma L. Smith, District until Clerk, 7:30 will v. a building 1962. Co., Kidder, Peabody & 1, 1963 1962. to Due on June inclusive. 1972 Interest J-D. dle ^ send, q0 De Crouter Haven & Co. Bid- bonds. Due on Dated Jan. inclusive. 1 from Bodine, Elkins, Morris, Stokes & Co., Hess, Grant July by 1, 1965 to Interest J-J. approved Le¬ Faegre !V ! & Dewey County, Isabel Indep. School District No. 1 (P.O. Isabel), S. Dak. Bond bonds p. Sale—The offered $115,000 school May 9 — v. 195, 2203—were awarded to Kalman & Co., Inc. Town- & bids p.m. Benson. $2,000,000 school bonds offered May 10— 195, p. 1975—were awarded to syndicate composed of Drexel & receive (CST) on May 21 for the purchase of $120,000 school gality revenue Indep. School District No. 1 (P. O. Bond Sale—The Beatty, City Recorder, will receive sealed bids until 10 a.m. (PST) on May 28 for the purchase of $585,392.20 $2,700,July 1, inclusive. Perry & Pohl" GhuL from ' & '. system 1977 Eugene, Ore. 1 ap¬ Pendleton, S. C. approved by Burgwin, Ruff in, Bond land, Gettysburg, S. Dak. Offering — Richard City New- County School District (P. O. Adel), Ore. Bond Sale—The $30,000 school bonds offered April 24—v. 195, p. & Remington, Inc., and Robert L. Whittaker & Co., as 2s, 2y4s, 2V2s, 23/4s, 2.90s and 3s, at a price of 98.64%, a net interest cost of will receive sealed bids until 8 p.m. (CST) 011 May 22 for the purchase of $175,000 street improvement bonds. Dated June 1, 1962. Due on June abcut 1 from 1964 to 1978 inclusive. Lake No. 21 awarded to the First 2.95%. bids until 11 a.m. (EST) May 22 for the purchase of $47,558 sewer improvement bonds. Dated June 1, 1962. from 1963 to 1982 terest Due on Dec. 1 inclusive. In¬ J-D. Legality approved by Squire, Sanders & Dempsey. Whitehall, Ohio < Bond Sale—The improvement sessment bonds $119,813.13 special as¬ offered May 9— v. 195, p. 1974—were awarded to the Ohio State Bank of Columbus, 3s, at price of 100.45, a a basis r Willoughby-East Lake City School District (P. O. Willoughby), Ohio Bond p. Sale bonds — The! offered 2086—were • comosed $1,000,000 May 15—v. awarded of to a Halsey, & Co., Hornblower & Weeks, KenMacArthur & Co., and Burns, Corbett & Pickard, Inc., as 3V8S, at a price of 100.40, a basis ower, about sley, awarded (J-J) Guaranty Trust Company of New Pealer, m" fEDST? ^purchase of lor on 195, $32,000 gan Brule sealed 3.07%. Zanesville, Ohio offered 2086—were Dated July 1, July 1 from 1963 to SOUTH Pa Washington County (P. O. Marietta), Ohio Offering—Harry E. Pettit, County Auditor, will receive of Sale—T h on inclusive. Scott Township (P. O. Bond Stuart & Co., Inc., B. J. Van Ingen • 1975 f Housing and Home Fi¬ Agency, as 3V2S, at a price nance syndicate County Bank of Graf¬ bonds. Due V' Bond * sold to the school DAKOTA May 29 for the purchase technical education on terest May 3J96,7' 1972 and 1977' Ch'/rlls^ffyripp &RCo 7T31ankenchin re¬ noon $550,000 Bond price of 100 01 cater Merrill Lynch & will until May 28. cost Other (EST) bids inclusive. Dunmore, PaS University of Akron (P. O. Akron), Ohio Bond Sale—The $885,000 dor¬ mitory revenue bonds offered May 7 — v. 195, p. 1714 — were Bond 195, 3%s, at terest Commissioners, sealed 1975—were Due Interest & Antwerp, Ohio ■station Offering 1962. 1, OHIO Bond Ohio cial assessment bonds. Dated June as par. July 1 * syndicate headed by the First a County 7"te£st M-N. Elliott & approved by Townsend, Legality Munson. Bond Offering—Thomas . Grafton, N. Dak. the 1987 to on sold $1,400,000 water works bonds offered May 7—v. 195, p. 1975—were awarded a of about 2.91%. Bond Sale—The $20,000 munici¬ pal purpose bonds offered May 7— v. 195, p. 2086—were awarded to ton, 1963 Due Offering—The Bond noon as Yanceyville Sanitary Dist., N. C. Trust July 1, 1962. $95,000 was ?,eanT May 29 for the purchase of $178,UUJ sidewalk improvement spe- street chell. 2%s, at Dated revenue Offering Postponed—The offer¬ ing of $117,000 school bonds scheduled for May 9—v. 195, p. 2086—has been postponed until nnJFnluOhio assessment (EDST) p.m. Clackamas), Ore. ner , 8 .Mannn3hhfnrn,trLLUnfhnnHf school bonds. S2 $2,100,000 refunding bonds bonds kins, ceive 1962. Y°VnKCity until AYditor> wi"la<teive Dated June Improvement bonds. stroud"&"co„ In^arnaTl, Bancroft sealed bids (EST) on to J-D. Legality approved by Mit¬ chell, Pershing, Shetterly & Mit¬ the Bond bonds. sewer June inclusive. Dated " until of par. Carthy. (EST) received Offering—Ansel M. Haw¬ Chairman of Board of program Sa?ie ship, Gould & Blakely, Inc,,, and % West Chester Area Joint School May 4—v.' 19* n'S'.K. 19,5, p. \;|IesS:'j&k'McFa.ul'win^::,;> ■' Authority (P. O. West awarded to Magnus & Chester), Pa. Toledo, 1964. ling, p. First ■Chester City School Authority, Pa. Bond Offering—Sealed bids will from Clackamas County, Clackamas Water District (P. O. 2%s, as a.m. Due 195, the Oregon, in Port¬ tax net .interest - to Greenville), S. C. Bond bids OREGON to $43,000 special 3V2S, at as basis (EST) on -May 22 for the purchase of $775,000 school build¬ ing bonds. Dated June 1, 1962. building CAROLINA offered 2086—\V6re Co., (P. O. Stillwell), R. J. Edwards, Inc. 1982 to Sale—The $143,002 Sewer District Offering—W.. E. - be SSa1e-An'>isfueO0f school Interest Co., Newt North Carolina ling, 1962. cost of about 2,86%. Bertie County (P. O. Windsor), Bond 1963 notes offered May 2086-were awarded p Fahey, at " Sequoyah County Independent School District No. I' (P. O. Due Rieg&lfLocal School District, Ohio Note NORTH CAROLINA , bonds. sewer 9—v. awarded PENNSYLVANIA "Bond to 1963 Legality approved by Squire, Sanders & Dempsey. Bond Sale—The ous from J-D. Wood. ,\..iv\ 1 Jurfe£~f, Dated Legality approved by " constructlon bonds. inclusive. In¬ . > inclusive. Dec. on Nov. on 1999 inclusive. Delafield y-- 1972 9,020 sanitary bonds. revenue Dec. on May water of Interest oftofnf-"sealed' Bcnd Bond Due May on $65,000 land. 'will'be received until May 24 for a.m. $16,870 Water supply line bonds, for terest M-N. offered National Bank of 1 inclusive. 1962. Sale—The 2203—were ytnuoCriSchool Independent adA District No. 25 follows: Ahlberg, (EDST) sity student union Dec. on 1992 1, bonds OKLAHOMA (EST) on May 29 for the purchase of $25,890 special assessment bonds, as Vice-President, will receive sealed Utica to 1 of'Counfy" sealed bids until 11 Syracuse University (P.<0. Syracuse), N. Y. 29 1963 June Dec. improve¬ Due Sanders & Dempsey; noon nnn bids until 11 a.m. Wickiup Water District (P. O. Astoria), Ore. Bond inclusive. area bonds. 195,; p.; 2203-haSmbeen postponed until . Bond 1982 on sewer assessment (EDST), on May 28. Co.; Co.,, Lucas County (P. O. Toledo), Second -District Securities Corp., J. R. Willistom & Beane, Cooley nffovi™a-',0A n thm,* & Co., and Model, Roland & Co.,felder, Clerk Board as 2V?s, at a price of 100.61, a Commissioners;^ will receive basis of about Francis I. duPont Paribas Corp., Dreyfus Co.y .; to Due SOUTH Greenville County (P. O. in¬ J-D- Legality approved by Squire, r Offering Postponed—The offer-/ ing of $54,675.66 Co., Goodbody & 2.41%. 1963 drainage Dated - Dalton, Ohio - , 195, p. 2202 — were syndicate composed v. — 1972 " Bond Sale—The various purpose bonds totaling $4,755,000 offered 10 to • 1962-2, ment about 2.91%. Syracuse, N. Y.. 1963 94,690 street improvement bonds, 2086—were p. from 1 National Eank of Oregon, in Portland. clusive. The — 63 . Dec. Co., New York; Blair & Co., Inc.; 'Geo. B. Gibbons & Co., Inc.; Bacon, Stevenson & Co.; B. J. Van Ingen & Co.; Chas. E. Weigold & Co., Inc.; and Adams, McEntee & Co., Inc. May (2435) • . Offering—G. Reed City Auditor, will Grim- receive sealed bids until noon (EST) on May 28 for the purchase of $342,bonds, as follows: • ~ - to '530 OVJfc fAto*. Auditor, In- The Commercial and Financial Chronicle Co.; The Quirk & Co., Inc.; James A. Andrews & Co., Inc.; Eldredge & Co.; Inc.; Geo. B. Gibbons & Co., Inc.; The Illinois Company,'- Anderson & Strudwick; Baker, Watts & Co.; Field, Richards & Co.; Fridley & Frederking; Harkness & Hill, Inc.; Talmage & Co.; Janney, Battles & E. W. Clark, Inc.; Piper, Jaffray & Hopwood, and Schmidt, Roberts Ohio County, Volin Indep. Yankton School District No. 60 (P. O. Volin), S. Dak. Bond Offering — Frances Bak, will receive seaieu bids until 8 p.m. (CST) on May 24 for the purchase of $10,000 school bonds. Dated June 1, 1962. Due District Clerk, June on 1963 and 1, 1964. Inter¬ est J-D. UTAH William Blair & Company; King, Inc.; Legality approved by terest J-D. Faegre & Benson. City, Utah Bond totaling $11,500,000 offered May 15 v. — awarded to a the Harris 195, p. 2088 — were syndicate headed by Trust & p. tan Bank New of York City, dicate Knox County ' J , school 7 Independent School District, Texas Bond Offering—Sealed bids will (P. O. Knoxville), pnnpCepp Sale Bond Birdville The — offered bonds May 2300—were awarded p. Bond Sale—The various were Federation pur¬ May 28 for the inclusive. ■ Legality by the Harris Trust & Savings Bank of Chicago, Bankers Trust Company and the First Na¬ tional City Bank, both of New York City, as 4.80s, 3.10s and Is, at a price of 100.007, a net in¬ Interest M-S. Vinson, by approved Elkins, Weems & Searls. Lubbock Christian College, Texas Bond Sale—The $285,000 dormi¬ tory revenue bonds offered April bids Agency, 3%s, at as 1 from Bond Offering—Thad Co., Inc.;)Weeden & Co.; Third National Bank in Nashville; Johnston, Lemon & Co.; Robert Winthrop & Co.; Brown Brothers Harriman & Co.; Fir^t U. S. Cor¬ poration, and the Mid-South Se¬ until bids 6:30 (CST) on May 22 for the purchase of $250,000 p.m. waterworks Dated June 1, from 1968 1989 to bonds. revenue 1962. Due on May 1 inclusive. In¬ terest M-N. Legality approved by McCall, Parkhurst, Crowe, McCall Vanderbilt University (P. O. Nashville), Tenn. Bond Offering—Edwin S. Gard¬ ner, Treasurer, will receive sealed (CST) & Horton. of Dfi Bond works Sale light and — The and sewer $14,000,000 power, system Bond be water¬ revenue bonds offered May 10 — v. 195, 2204—were awarded to a syn¬ dicate headed by the First Boston p. son, City sealed Manager, bids until will receive 7:30 p.m. (CST) May 22 for the purchase of $300,000 waterworks and sewer system bonds. Dated June 1, 1962. on Corporation, and Eastman Dillon, Union Securities & Co., as 5s, Due 2.90s, 3s and 3.10s, at a price of 100.02, a net interest cost of about 3.04%. McCall, Call & North Legality Parkhurst, revenue Crowe, East (P. first O. San Antonio), Sale—An issue of mortgage stadium $165,000 Inc. Office Building, 270 Broadway, at 11 o'clock A. M. May 7 awarded $225,000 195, v. — p. State — Lynch, offered & Co., Inc. May 17 publicly on issue an 3V4, 3, of $16,000,000 5, Pershing, 3.30, those due in 1964 to 3.50% in 1988 to for on Mitchell. 3.70% the issue bid of a the for The group at 2000 Rated 100.0118 for AA ma¬ high bidder competitive sale the sion Local on Sealed bids at interest Standard by & Gordon Ben¬ Poor's, the bonds rank equally of State Commis¬ with $20,000,000 outstanding series Debt, will receive A bonds. They are being issued Room 228, Finance to continue construction of a Building, Richmond, until noon $125,000,000 Metropolitan Sewer (EST) on May 23 for the purchase authorization and are payable of $4,500,000 school bonds. Dated from the net revenues of the 1963 1982 to Due on July 1 from Metropolitan Sewer System. inclusive. Payable Moses Lake, Wash. in Rich¬ the Bank of Virginia, at mond, City. 22 until for 8 purchase Bond be Offering—Sealed bids will 4 p.m. (PDST) on May 21 for the purchase $91,000 school bonds. of County Auditor, will receive 28 for (PDST) the purchase of $1,400,000 park bonds. Dated June 1, 1962. Due on June 1 from 1964 to 1977 inclusive. Interest ment June 6 for the Valley, Hixton, Irving, Komensky, Knapp, Manchester, Millston, Northfield, Springfield and Dcwhurst Shefelman. Sale—The $200,000 prom¬ notes offered May 7 — issory DIVIDEND (Towns) Joint School Dist. No. 2 (P. O. Black River Falls), Wis. Note revenue & of Goldman, 195, v. — a group Sachs & White, Weld & Co., Weeden Co., Co., and Ballman & 3y2s and 100.001, 2.90s, at Main, as price a of interest net a of cost Mayville (City), Hubbard, LeRoy, I^omira, Theresa and Williamstown (Towns) Joint Sch. District No. 5 (P. O. Mayville), Wis. Haldeman, District Clerk, will receive sealed bids until for 28 1 p.m. the school bonds. Due on (CDST) purchase June inclusive. of on from May $1,680,000 Dated June 1 Interest 1, 1962. 1963 J-D. to 1982 Legality approved by Chapman & Cutler. Oshkosh, Bond hall the — bonds 195, v. Sale p. May city 16 of Bank price — Chi¬ and Robert W. Baird & Inc., jointly, a $700,000 offered National First cago cost Wis. The 2204—were awarded to of as Co., 2%s and 2.90s, at 100.04, of about a interest net 2.80%. (Towns) Joint School Dist. No. 1 (P.O. Thorp), Wis. Bond Offering for the — Ami M. general Dated from (CDST) purchase obligation Bartl, 1963 to of on May $897,000 school 1981 bonds. Due May 1, 1962. terest M-N. bonds. River Falls (City), Hixton (Village), Adams, Alma, Brockway, Curran, Franklin, Garden J-D. Legality approved by Weter, Rob¬ & until Black Wash. Bond Offering—Robert A. Mor¬ May Beloit, Wis. Offering—Sealed bids will received 10 2088—were awarded to composed 24 purchase of $695,000 city improve¬ King County, ris, May bids until 2 p.m. No. 40 (P. O. Ephrata), Wash. until p. mortgage offered District Clerk, will receive sealed bonds. WISCONSIN received system bonds of County, Warden School District be tric (PDST) p.m. the WASHINGTON Bond Manitowoc, Wis. Sale—The $1,500,000 elec¬ Bond and Worden bids May $99,000 park Grant Cutler. City Manager, will receive on J-D. Thorp (City), Thorp, Butler, sealed Legality Logan. Interest Hixton, Mead, Reseburg, Withee gener, approved by Wood, King, Dawson & June 1 from 1963 on inclusive. Legality approved by Chapman & Bond Offering—Chester L. Wag- at the Chase Manhattan or Bank of New York 1982 to com¬ Bond Offering—J. nett, Secretary Due W. receive sealed bids until 1 p.m. (CDST) on May 22 for the purchase of $900,000 school bonds. Dated June was bination of coupons, a net cost of 3.633%. County (P. O. Richmond), Va. . will Bond Offering—F. B. Sale—Blyth and associates Treas¬ and Mitchell, 1, 1962. Clerk, arte¬ 2204 Merrill to City Metropolitan Seattle, Wash. Bond Va. Henrico erts New York 7, New York Sale—The fered ' Offerin g—Emma Schulz, about 2.90%. Pierce, Fenner & Smith Inc. sealed bids until 1:30 p.m. of New York In¬ Island, Wash. were bonds. Dated July 1, 1962. by revenue bonds was sold to Dittmar & Co., Inc., and Rauscher, Pierce & Co., will sell at his office, at the State the at & Mc¬ T exas Bond Comptroller of the State May 23, 1962 receive (PDST) rial street improvement bonds of¬ Peter by on July 1 from 1963 to 1982 inclusive. Interest J-J. Legality turity. by Independent School Bond inclusive. 1982 Due on The a.m. 3.40, 3V2 and urer's office, Richmond, 3.70% sewer revenue bonds, series noon (EST) on May 22 for the purchase of $360,000 dormitory B, at prices to yield from 2% for Horton. District Kidder, Peabody & Co.;* Carl M. Lceb, Rhoades & Co.; Wertheim & approved Mercer June until 3V4, April 1 from 1971 to 1988 on inclusive. Other members of the syndicate: Co.; L. F. Rothschild & Co.; Coffin & Burr, Inc.; Kean, Taylor & Co.; Reynolds & Co.; Dominick & Dominick; R. S. Dickson & Co., 11 Legality approved by Weter, Roberts & Shefelman. Offering—Sealed bids will received July 1, 1962. Mission, Texas Offering—Calvin H. Gib¬ Bond on pvnc 3.56%. Austin, Texas to Due Williamsburg), Shetterly May Bond Sale—The $1,000,000 school 28 for the purchase of $3,775,000 bonds offered May 7 — v. 195, student dormitory and dining hall p. 2204 — were awarded to the revenue bonds. Dated April 1, First Southwest Company and the 1962. Due on April 1 from 1.965 Texas Bank & Trust Company of to 2002 inclusive. Interest A-O. Dallas, jointly, as 5s, 3%s, 3V2s Legality approved by Waller, 3.60s, 3.70s and 2V2s, at a price of Davis & Lansden. 100.03, a net interest cost of about electric until terest J-D. Montpelier. approved Mesquite Independent School (EDST) approved (P. O. on TEXAS will Treasurer, bids 1 from 1964 to 1982 inclusive. receive p.m. net interest cost of about 2.68 %<< Jefferson, Wis. on May 23 for the purchase of $25,000 school bonds. Dated June College of William & Mary G. Shaw, City Secretary, will receive sealed ! a.m. sealed VIRGINIA Marlin, Texas J. C. Bradford & Co.; Braun, Bos- 8 1, 1962. 1963 price of par. a until Dated June Giuliani worth &; 10 County on May 23 for the purchase of $44,000 school construction bonds. Legality 195, p. 1716—were sold to Housing and Home Finance will Treasurer, o w n sealed the Other members of the syndicate: Trust Co. of Chicago; until Trust 195, p. 2088—were awarded Smith, Barney & Co., as 2%s 2V2s, at a price of 100.01, a to Bond (P. O. Seattle), Wash. Bond Offering—A. A. Tremper, Trust Bay, Wis. $800,000 street bonds offered May Sale—The 15—v. School District No. 402 Co., of Company of Brown Bros. Harriman & Co.; Johnston, Lemon & Co.; City National Bank & T Bond King County, Vashon Island York; Trust Georgia, Atlanta; Northern bids about 3.02%. New 14—v. terest cost of about 2.93%. Co. & & Green and & headed curities Bank 2.72%. improvement Co., of Kansas City; Kalman Co.; • Kenower, MacArthur & 1, 1962. Due on June 1 from 1964 purchase of $300,000 school Bonds. to 1982 inclusive. Interest J-D. Co.; First Security Bank of Utah, Groves, Texas N. A., Salt Lake City; Hutchinson, Klickitat County Sch. Dist. No. 402 Bond Offering — Mayor David Shockey & Co.; McMaster Hutch¬ (P. Ok Goldehdale)> Wash. M. Smith announces that sealed inson & Co.; Bosworth, Sullivan Bond O f f e r i n g—Mabel M. bids will be received until 7 p.m. & Co., and Coughlin & Co. Guinan, County Treasurer, will (CST) on May 21 for the pur¬ receive sealed bids until 2 p.m. chase of $750,000 VERMONT drainage im¬ (PDST) on May 25 for the pur¬ provement bonds. Dated June 1, chase of Glover Town School District, Vt. $90,000 school bonds. 1962. Due on March 1 from 1975 Bond Offering—Hester Webster. Dated June 1, 1962. Due on June to 1986 until received be bonds totaling $8,850,000 of¬ May 15—v. 195, p. 2204— awarded to ai syndicate pose Offering—Sealed bids will Bond Nashville, Tenn, fered the for Crystal Independent School District, Texas 2.90%. about 7 June purchase of $700,000 school build¬ ing bonds. 15—v. to a syndicate composed of Halsey, Stuart & Co., Inc., Blair & Co., Inc., A. G. Becker & Co., Inc., Robinson-Humphrey Co., Inc., Clark, Landstreet & Kirkpatrick, Inc., IVIcCormick & Co., and Hutchinson, Shockey & Co., as 5s, 2.80s and 2.90s, at a price of 100.003, a net interest cost of 195, until received be $2,300,000 syndicate: Hutzler; R. W. Pressprich & Co.; First Na¬ tional Bank of Oregon, Portland; F. S. Moseley & Co.; Bache & Co.; Brothers of the National Commerce, in Seattle, 2%s, 2%s, 3s and 3V8S, at a price of 100.01, a net interest cost of 2.69%. Salomon p. group Co., Merrill Lynch, Pierce, Fenner & Smith, Inc., Mc¬ Lean & Co., Inc., and the Seattle Trust & Savings Bank, as 3Vis, Other members of the TENNESSEE composed of a Dean Witter & as 3s, 2.60s, 23/4s and 2.80s, at a price of 100.0004, a net interest cost of about Sale—The offered Bank Savings Bank of Chicago and the Chase Manhat¬ 2204 — were awarded composed of J. M. Dain Co., Inc., Allison-Williams Co., and Piper, Jaffray & Hopwood, as 2%s, 2.80s and 2.70s, at a price of par, a net interest cost of about 195, v. & $875,000 school May 9 — v. 195, 1976—were awarded to a syn¬ bonds Monday, May 21< 1962 . to (P. O. Seattle), Wash. Sale—The various purpose Bond bonds Parke. & King County, Shoreline School District No. 412 Salt Lake . May 1 on inclusive. In¬ Legality approved by Quarles, Herriott & Clemens. Wausau, Wis. Bond Sale—The $500,000 corpo¬ rate purpose bonds offered —v. May 8 2204—were awarded Stuart & Co., Inc., as 195, p. to Halsey, 2V2s, 23/4s and 2.80s, at la price of 100.007, a net interest cost of about 2.75%. DIVIDEND NOTICE NOTICE (Eastern Daylight Saving Time) $57,330,000 THE CONTINENTAL INSURANCE COMPANY STATE OF NEW YORK HOUSING BONDS Dated 248th Consecutive Dividend June 1, 1962, maturing $1,170,000 annually June 1, 1964-2012, both inclusive Principal and semi-annual interest December A been 1 and June 1 payable at The Chase Manhattan Bank, New York City. Descriptive circular will be mailed ARTHUR LEVITT, State Dated May 16, 1962 upon quarterly dividend of 55 application Comptroller, Albany 1, N. Y. to declared hv the Board a of Directors the outstanding shares of capital stock of this Company, payable June 11, 1962, to stockholders of record at Consecutive share has upon on 130th Dividend cents the close of business May 28, 1962. GEOFFREY DAVEY, Vice President & The Board of Directors at a meeting on May 16, 1962, a quarterly dividend of forty cents per share on the capital stock, which will be pay¬ declared able June 13, 1962, to stock¬ holders of record May 25, 1962. Paul E. Shroads Senior Vice President Secretary