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UNIVERSITY OF MICHIGAN MONDAY ISSUE MAY 25 1953 ^Commercials Financial Chronicle Reg. U. S. Pat. Office Volume 177 Number 5223 New York 7, N. Y., Monday, May 25, 1953 Price $1 Copy a General Corporation and Investment News RAILROAD ACF Brill Motors Co.—Files With May out (letter 5 $2,50) be to of underwriting. who is the notification) offered the »t The 4,651 market proceeds to bank Haas, In This Issue the SEC corporation Stout & Co., New filed 7 shares (about $2 to £2.50 of letter a notification stock common share) per of be to with offered Stock and Bond Quotations the the at 177, New York American (W. Smiley) Adams, Inc., Haverford, Pa.—Files— ; The corporation 11 May on filed SEC covering 892 shares of 6% and 4,460 of shares of preferred and one underwriting. The The business pistons of five (par of be to are is company $1) shares common proceeds the piston and stock common letter a notification cumulative preferred stock $125 at for used to be to with in units unit, and deal ii without (Stocks) - San Oil May 14 of $18,000,000 of first mortgage bonds, 4Vs% series, due May 1,1983, at 102.172% and accrued interest by a group headed by Union Securities Corp., Equitable Securities Corp. and Drexel & Co., was quickly over¬ subscribed. See details in V. 177, p. 2125. . ■ offer are being now prior preferred Under by mailed to an the SEC 39 for Exchange Interstate the of offer, Commerce which subject is Commission and authorization to surrender the Markets new $4 preferred make application the for listing the New York Stock Exchange.—V. on 177, Operating Operating State Earq/ugs per 1953 —V. $69,475 Course $0.52 $0.22 share Foreign p, 597. 176, City A letter notification of shares market of (about filed was stock common $3.50 per share) the with (par for Pfd. _45 Clearings on May be to account of D. Payable eight joint has 112 on the for streamliner Included been 177, American company's St. the for cars p. 16 are deluxe Pullman reclining sleeping seat (Mo.) Pacific five cars, chair post-office two railway cars, RR. 11 cars, Co. of Georgia—Debentures Of¬ made in interest by a group of underwriters headed by A. M. Co.; Johnson, Lane, Space & Co., Inc., and Inter¬ state Securities Corp. Further details follow: Law & CAPITALIZATION GIVING EFFECT PRESENT TO FINANCING Authorized Eubord. 4»/2% debs, dated May 31, 1952 5 y2% debs, dated Outstanding $2,925,000 T$2,925,000 subordinated May 1952 31, 5CapitaI fUnsecured 900,000 5.90% debs., notes series payable to banks__ J900.000 2,000,000 1953 1,250,000 stock (no par value)— Common •Stated value is $5 share per 23,430,000 150,000 shs. (total $499,825) American Reserve 46 System tMatures at rate of $75,000 semi-annually on May 31 and Nov. 30 of each year, with balance maturing May 31, 1962. fMatures at rate of $45,000 ansrnally on May 31 of each year,, with balance maturing May 31, 1962. §The capital debentures, 5.90% series. 1953 are subordinated to all other borrowed funds. UMaturities range generally from one to six months. the underwriters Law & has entered into an agreement company below (their representatives being A, named Co.; Johnson, Lane, Space & Co., state Securities Corp.) for the sale to underwriters ment wt A. a basis of $1,250,000 of the capital debentures, selling price of $955 for each $1,000 M. Law .Johnson, Co., & Co Lane, $125,000 Space Inc. Interstate Securities Alester G. Carolina Citizens Courts Oargan & Furman Securities Trust & & Corp. Co 125,000 125,000 25,000 principal First Inc.; on a and firm Co.—Secondary Offer¬ H. Crawford Jackson Vivian & M. Co., Inc. Smith Manning 100,006 McDaniel Lewis & Co Co See also V. 177, p. 2125. 50,000 75,000 H. T. Edgar Wyatt, Mills M. —^ Norris Neal & Waggoner ———- 8,009,799 8,369,060 American net Natural income, after pfd. Gas $10,487,379 $10,768,815 45,831 45,662 Co.— dividends $10,441,717 $10,722,984 ■; 1953 1952 $8,862,067 $9,552,244 1J37.670 1,709,249 income——— 837,000 1,400,000 —— $300,670 $309,249 100,140 80,016 $0.75 $0.77 - provision for Fed. taxes on income Federal taxes for on declared boiler Electric Co.—Expansion— will & design Wilcox 4,500 and Co. p.s.i., pressure manufacture will will utilized design operate for a and at power 120,000-kilowatt build the almost boiler generation. turbine, for It. ago,—V. Service Corporation 2anesville, sidiary.- ' U. S. U. supervision at The an Ohio Power Co.'s AGE operating Philo company and 25,000 50,000 25,000 50,000 75,000 100.000 25,000 50,000 $6,997,110 (& Subs.)—Earns. 1953 1952 $ income income After share per for allowing of common preferred 8,423,925 875,223 9,110,574 $0.76 income taxes (estimated) excess profits taxes (est.)— 4,491,113 21,463 4,885,450 foreign American Stores Sales , at and $1.56 stock stock dividend requirement.—V. 177, Co.—April Sales Up— Month of April— Financing— and trend 621. p. plant sub¬ products and foreign 8. * . on downward almost exactly $1,000,000 below the figure of a year 1861, p. service revenues— 116,120,768 131,828,014? before U. S. and foreign taxes on inc.— 9,398,026 18,391,722 of Net which Ohio. Ohio Power is . Hearing of their ended down $ Sales *Net will exceed $12,000,000, is being engineered by American Gas & Electric Service Corp., a subsidiary of American Gas & Electric Co. The new unit will be installed under cost just quarter $14,700,000, 3 Months Ended March 31— through the tubes in the boiler. project, was American Smelting & Refining Co. and Babcock turbine, at Income entire 31 continued were 176, the during March Inventories March 31, on will be 50 degrees above the present highest and will be followed by two stages of reheat, the first at 1,050 degrees and the second at 1.000 degrees F. The boiler will be the "once-through," Universal-Pressure type, in which water at 5,500 p.s.i. is pumped through and changed into super-heated steam in a single fast passage The at the 1,150 degrees of — were $5,735,000 18% from the 1952 year-end backlog of $18,016,000. Heavy cancellations of military orders were experienced In January and February, but they do not appear to have resulted from any major changes in programs or schedules as was the case in the second quarter of 1952. More recently, incoming military orders have roughly kept pace with shipments. The present highest steam The initial steam temperature double received backlog Net and turbo-generating unit will utilize the unprecedented pressure and temperature of 4,500 pounds per square inch and 1,150 degrees F., respectively. Agreements have just been reached under which General Electric Co. new share— per orders Net and —V. 177, 1952 1953 $54,864,600 $46,476,825 ._ 1786. p. The SEC has issued an order giving interested persons until May 28, 1953, to request a hearing upon the following: (1) issuance and sale at competitive bidding of 800,000 shares of its $5 par common stock; and (2) issuance and sale to American Gas of 100,000 additional shares of the no par common stock of Indiana & Michigan Electric Co. Anglo-Iranian Oil Co., Ltd.—Sales Drop—Net Income Rises— for Marking its first full $8,000,000. with & Michigan will utilize the funds to enable it to proceed its construction program, involving expenditures estimated at during 1953. The balance of the proceeds of the stock by American Gas will be added to that company's treasury funds, income in for Use ties of —V. within the next six months to acquire other operating subsidiaries and 177, p. 2125. of additional equity securi¬ Valley Electric Corp. Ohio and the Despite Iranian's refined use of sales 1952 products In 1951. our of operations 44th annual report complete barrels per day 293,400 sales year without oil from Iran, this experienced a slight decline in sales, a rise in net major expansion of its world-wide production facilities, 1952 a according to the $32,800,000 sale Securities McCarley & Co., live Co commit¬ 5.90% series 1953 of said debentures; Corp._ 100,000 Co Inter¬ Corp $100,000 Frost, Read & Simons, Inc. 25,000 G. of -J, profit company UNDERWRITERS—The with Fidelity & Casualty American Gas & A Indiana awe. Income — before Provision ing—A secondary offering of 20,000 shares of common stock (par $5) was made on May 15 by Geyer & Co. at $21.75 per share.—V. 174, p. 2545. *99,965 shs. books. per $17,521,087 $17,571,789 1,335,352 1,206,825 $18,856,439 $18,778,614 - — 1898. p. Dividends near 23,430,000 —— — net sales Profit steam our issue of May 18 of the offering of $1,250,000 5.90% capital debentures dated May 1, 1953, and due May 1, 1973, at par and accrued was — 1952 American Phenolic Corp.—Earnings— Net obser¬ diners, and 35 bag¬ cars 2002. Discount fered—Mention Junior Income Earnings Charles Union ———— 3 Months Ended March 31— McKelvy, & North Western Ry. to be used in their between Chicago and the Pacific Coast. orders vation-lounge cars, 49 kitchen-dormintory cars.—V. this at passenger 1953 the at Chicago service these in two gage started streamline 22- $107,443,712 $99,940,572 89,922,625 82,368,783 deductions 177, Net Condition Statement of Member Banks of American Car & Foundry Co.—Has Large Contracts— Construction held shares (& Subs.)—Earnings— (net) dividends —V. 9 <t> and three each for 46 President. plant Income Consolidated 46 18 covering offered Alfred and Rates Banks Federal SEC cents* 25 the Bank Combined Condition Statement of Federal American Brands Corp., Reno, Nev.—Files With SEC 28,500 of Exchange Reserve ... share new taxes— and expenses Consolidated 51 Bond Offerings Declared Dividends 1952 $163,579 common and Redemption Calls and Sinking Fund Notices__46 after taxes profit one revenues. Income Gross Laboratories, Inc.—Earnings— Three Months Ended March 31— Net of rate no Miscellaneous Features 2001. p. J.-— N. Commission— General Corporation & Investment News-Cover The Allied Newark, Corp., 12 Months End. March 31— Other the of be American Natural Gas Co. 33 _33 Income intends to 1765. p. 33 Exchange.- outstanding. corporation 176, Finance privilege); rights to expire on June underwriting. The proceeds are to be used for working capital.—V. 164, p. 2825. least The National oversubscription Operating 15,000 shares, holders are being given the opportunity to ex¬ change their stock on a share-for-share basis for a new class of $4 prior preferred convertible stock, senior to all classes of stock now subsidiaries.—V. its the at an will 44 Stock 15 (with There 43 at of Option Plan Voted— company on May 12 filed a letter of notification with tlie covering 15,000 shares of common stock (no par) to be offered subscription about May 29 to common stockholders of record May 40 Exchange—Curb Section National Quotation Industrial Stock Avtrages-33 SEC Index of Stock Prices 33 > notes due 1963 to be offered in be used for working capital.—V. 168, p. 738, are to The 38 Dow-Jones Stock and Bond Averages.-. exchange outstanding of letter of notification with the SEC a Files With Securities and Exchange 37 - and American __37 Exchange Transactions American May 19 that copies holders of shares of on convertible stock. terms the the announced May 18 filed on company 37 Exchange Transactions New York Stock Exchange.-. corporation 1954. 35 Stock Exchange Over-the-Counter • and 1 annual 1, 34 Exchange Stock May first Sept. Corp., Orlando, Fla.—Files With American Maracaibo Co.—Stock Stock Stock due Hadley Case, President, on May 19, announced that the stockholders had approved, by 96% of the votes cast, adoption of a stock option plan and a retirement plan for the benefit of the employees ol this Stock Toronto of the and fall The net proceeds Montreal Alleghany Corp.—Exchange Offer— The The corporation Canadian Toronto will 34 Exchange- Stock time date abated 1785. p. coverlng«^200,000 of 57c convertible 34 Stock Exchange Francisco the be denominations of $1,000 each through Gordon Graves & Cd., New York. 34 Exchange—.— Pittsburgh Stock Exchange Alabama Power Co.—Bonds Sold—The public offering •' will principal 29 - Exchange-— Philadelphia-Baltimore between 22 the on held be Securities and Exchange Commission— 13 Exchange- Stock loan May will 25 Exchange Los Angeles Stock Midwest hydraulic parts. Stock Detroit Stock working capital. assemble Stock Cincinnati $100) offered per Boston the (par Stock Exchange New York Stock Exchange (Bonds) of $200,000 Evanston, 111., building. to retire this indebted¬ as vailable new ca$h. its on be used will $944,000 new time of mortgage $2,056,000 American Machinery Page through Eisele & King, Labaire, York, for the account of Nash S. Eldridge—V. 166, C". 153. p. May on 3,000 covering market 1 the on closing payment —V. The $50,000 a remaining Acrj vin Corp. of America, Brooklyn, N. Y.—Files , plus the Interest director, a loans $3,000,000 loan, and ness with¬ share), per Marc MISCELLANEOUS - Of the (par 2125. p. INSURANCE - v stock common $4.87'/2 to go selling stockholder.—V. 177, of INDUSTRIAL - in SEC— shares (about are PUBLIC UTILITY - of were only This volume own to its 25,000 stockholders. , loss of exports from Iran, as against the exported during the first half of 1951, Angloover 670,700 barrels per day of crude oil and resources 8.6% was below achieved both by the 733,600 barrels per day "by supplementing maximum hiring refining capacity which daily American Hospital Supply Corp. — Loan Placed Pri¬ vately—The corporation on May 22 placed privately with the John Hancock Mutual Life Insurance Co., an issue of $3,000,000 4% debentures dated May 1, 1953 and due processed 62,900 barrels of our oil, and by purchasing barrels a day of oil mainly in the form of refined report noted. Purchases of crude oil were discontinued May 1, 1968. profit for the year amounted to $70,464,704, after United King¬ dom taxes of $63,465,763. This compares with profits of $67,852,540 after U. K. taxes of $76,646,922 in 1951—V. 177, p. 2002. Prior to effecting the new loan, the corporation was obligated for $966,500 of 4(4% debentures, $289,500 of 3%% debentures and $750,000 as Anglo-Iranian's own Sales Net in the second half nearly 146,700 products, tju> early in supplies from the Middle East were increased. ran 11% ahead of the second half of 1951. 1953 Archer-Daniels-Midland Co.—Plans Expansion— 440 group new produced at a new chemical plant located at Ashtabula, Ohio, 55 miles of Cleveland on Lake Erie. Ground for the new plant will 1953, and production of both saturated and unsat¬ urated alcohols is expected 12 months later. According to Mr. Daniels, many of the alcohols which will be made at the new plant are not commercially available today. Vegetable, animal and marine fats and oils will serve as the principal raw in June, broken materials. Mr, Daniels, the plant will be located on a 40-acre 1»/2 miles north of Ashtabula near the city's harbor. purchased last November from the Cleveland Illuminating p. 765; V. 175, p. 809. According to Co.—V. 176, has received SEC authorization to issue and sell at bidding $35,000,0000 of first mortgage bonds, due 1978, with the terms of the plan of reorganization for its former parent, Arkansas Natural Gas Corp. Net proceeds will be used to prepay $24,500,000 of outstanding notes held by Guaranty Trust Company of New York; to pay to Arkansas Fuel Oil Corporation (formerly Arkansas Natural Gas Company), the sum of $3,412,032, representing the difference in the net book values of properties and inventories transferred pursuant to the pian; and to provide a portion of the funds required for the company's 1953 company competitive accordance in construction will N. Y„ to up the by stock at company Pine St., 70 York, New of *Exclusive (EDT) on May 25 for the purchase from it of mortgage bonds due May 1, 1978—V. 177, p. 2002 noon notes.—V. 177, p. the of for conversion 1898. reserved shares 101,970 convertible sinking fund proceeds would be used for replacing transmission lines, ex¬ improving the distribution system and repaying $250,000 bank loans. In addition, part would be used in continuing the com¬ The in pany's drilling program in Franklin Ark.—V. 177, County, I. duPont & (& Subs.)—Earnings- Profit bef. inc. taxes, &c. 2,635,000 profits tax. $ Write-down of prop'ts. 15,000 sales——— State Fed. & Fed. excess inc. Net profit _ dividends . dividends Corn. Corn, shares end of tEarns, outstdg. *2,692,421 793,516 2,697,^06 Net'profit 352,472 t5,395,796 5,398,631 $0.72 *$0.65 as shares 2,897,230 April 7, issued of NOTE—The Boriani of March caSh 31, had it position of the net working capital is favorable. company of $50,804,117, As which those of either cash or government notes in excess of needed to offset Federal income tax liabilities.—V. 177, p. 1046. $25,595,225 was Oper. revenue for & exps. Lease faxes arid net Other $303,152 $253,336 $3,641,066 5,803 51,732 64,492 $261,335 $3,692,798 $3,337,080 income Int., income etc. Net 80,648 "Units presently 373,250 1,331,741 1,289,200 1,331,741 $0.14 $0.13 $1.88 stock. Co.—Successor— Mining Co. below. Baltimore & Ohio RR.—April more about was Earnings Higher- $2,300,000, Col. Roy B. White, President. than $700,000 as compared with April Railway operating revenues were up it This was was announced on increase an of 1952. than more $3,000,000 as com¬ pared with the figure for April, 1952, while operating expenses in¬ creased nearly $1,500,000. Substantial furloughs were in effect on the B&O in April, 1952 because of a temporary shutdown in the steel industry. The increase in B&O total tax than $600,000 as was compared with April, accruals for April was 1952.—V. 177, p. 1898. " announced company's aew of wells, net on and address of "Boriana .Mine," the sale of Co., —V. into $786,635 $9,744,515 33,134 7,050 311,191 245,699 $860,409 : $793,685 $10,055,706 $9,102,434 2d^,d/9 2^u,o95 $563,090 $7,138,676 1,186,295 1952, Tide Water Power Co. was,merged with & Light Co. FOr purposes ox comparison, 29, the (William) 1,084,402 $5,436,419 Power includes to 2,581,613 $6,5'20,32"l" $5,952,331 ——. _____ prior $8,856,735 2,917,030 $577,530 , Carolina " the date Carter in 1953 F. Carter, wil-l Th earnings of merger.—V. Power water e 176, Co.—Expects Record be the highest in for Co. the 1562. p. Sales— the history of this company, predicted at Carter's semi-annuai Vice-President, sales meeting earlier this month. An increase of 20% over last year anticipated, he said. He also forecast another good year for the company in 1954, v •. Mr. Carter described the company's expansion plans, operation of a new mill in Senatobia, Miss., to handle production scheduled. It will open in the fall. used purchase to "It issuer the Kingman, Ariz. intention our asserted. ville, Ga., mill, we . "We would years The Boriana and have Needham 1952. in transfer have into 100 Partnership") units and of interest Messrs. engaged in the business of reopening, ores from and intention our be now about now to stepping 23,000 the to Barnes- our 177, transfer business our to these operations. Nor feet of floor space in up square additional an leave."—V. Period End. April 30— Harper the Sales develop¬ Boriana Net Mine 38,000 square here ieet if 1786. p. common per Inc., Wilmington, sjojcs share com. preferred NOTE—The determining full the 2,208,100 3,818,480 $0.56 $0.55 dividend excess profits $ $ 46,361,984 160,624,292 l76,714J76i 2,195,047 3,819,889 . 1953—4 Mos.—1952 . $ 42,223,146 —— Number * 1953—Month—1952 profit after taxes— *Earns. Association, Raceway in Caterpillar Tractor Co.—Earnings— (sometimes Allen and _ is ■ . operation production up the increased built up production in Springfield, Mass. operations in Gilbertvlile, Mass., a have added to Northern our built including the - commenced would not we 1950 expected we Alien to wc if it had been would we also have not ago the South, Lease, "As $ units. Lease not South," he equipment Boriana is is 8,120,089 7,742|ll7 3,819,889 3,818;480 $2.04 • $1.94 . requirements. profits tax . rate above.—V. reported 30% of 177, has been In used 1899. p. Celanese Corp. of American (& Domestic Subs.)—Earns. is to be 10% on debentures the and 20c per share on 3 Months Ended March 31— Net the Selling, general & — admin, 1952 1951 $44,516,830 $32,875,506 $63,537,932 30,961,561 24,498,672 36,551,686 3,707,093 3,213,714 3,100,607- —_ of goods sold—— Depreciation Securities 1953 sales Cost expenses 3,703,332 ___ $6,144,844 Association organized was in October, Net operating income— 3,515,019 3,239,896 Other outstanding stock. O. 177, Co., Inc.—New Director— Winston, Jr., an officer and investment banking firm, Houston p. director of Rowles, has been elected a Winston director. 1578. . Income • Net incorporated in Delaware on March 8 Mutual Life Insurance Life Insurance Co. on Co. and Massachusetts Mutual 4y4% promissory notes due April 1, 1962 through 1973. The of this loan will be used to repay $6,500,000 of longfor other corporate purposes. corporation also arranged a $3,000,000 credit with three banks good until April 1, 1955. These loans will be represented by 3y2% notes maturing April 1, 1954 to 1961.—V. 173, p. 2286. term proceeds notes and The . ' 3 Months Ended March 31— income— 2,650,000 of $944,569 $2,709,041 ———— share $1,848,047 $20,774,095 843,478 535,899 60,000 10,809,000 845,577 .„ — on stock com. $0.26 • $9,429,196 $1.48 Nil - • 5,844,954 shares outstanding (after providing for preferred on dividends).—V. 177, p. 2127. Central Foundry Co.—Financing Plans Deferred— In a letter to 1953, reference to issue mon stocks sued common stockholders of this dated company, March 24, made to the fact that the company then proposed the holders of its outstanding preferred and com¬ shares 161,222 of its authorized but unis¬ stock. concluded company p. to approximately the consideration, further After the was sell and that that it no is in such the board of interest offering be of directors of the made at the company- stockholders this and time.—V. of 177, 1786. Chesapeake Industries, Inc.—Ac<juisition— According to William C. MacMillen, Jr., President, this corporation, interests ranging from movie film processing and real estate to electronics, furniture and machinery manufacturing, has added Vandewdter Profit before The Provision for Federal Excess profits _ and State income taxes— Net tax _ * on per 1952 3,688,608. 2,035,000 common share— —_ Inc., New York fine paper merchant, to its company, ginia Metal Products Corp., Orange, Va., which supplied the automatic mail conveyors in New York's Lever House and book shelving in the V. D. Anderson Co., Cleveland, largest maker of oil extrac¬ machinery; largest Pathe Laboratories, Inc., New York and Hollywood, of film for TV and motion pictures; Dade processors Inc., largest packer of export shipments, special truckers makers of electronic equipment; and Eagle-Lion Studios, Holly¬ *358.000. 4,305,353 and wood. Chesapeake also has extensive holdings of the real estate In Cleevland.—V. 177, p. 42, foriper Van Sweringen 2,295 000 525,000 $1,295,608 Number of common shares Co., Vatican; Chesapeake & Ohio Ry.—April EarningsPeriod End. profit Earnings vandewater which acts as sales agent and jobber for many of the largest makers of fine paper, was bought from Marquardt & Co., New York, of which it was a subsidiary. The deal was closed on May 18, Mr. MacMillen said. ; Subsidiaries of Chesapeake Industries, formerly Pathe Industries, Inc., include Television Center, Park Avenue and 105th Street; Vir¬ second $23,184,266 $20,762,203 income taxes Paper holdings^ Brothers, 1953 Shipments of working interests in including 69 producing wells, in Indiana, Ken¬ tucky, and Illinois, which will very shortly be reduced to 67 producing wells as a result of the conversion of two producing wells to water input wells. Net oil production to the company's interest in March, income *Based tion Bucyrus-Erie Co. (& Subs.)—Earnings— located at 419 Grein Building, Evansville, Ind. properties consist deductions *Earnings per •stock $6,204,618 —— Prov. for Federal taxes ' was 59,774 ___—— income has Broadway-Hale Stores, Inc.—Private Financing—The corporation has borrowed $7,000,000 from Northwestern the to acquire and operate working interests in leases covering producing and undeveloped oil properties located in the States of Indiana, Illinois, and Kentucky, in the area generally known in the 011 industry as the "Illinois Basin." Executive offices of the company income Total 1952, for the principal track with pari-mutual $1,648,101 $20,645,743 199,946 128,352 with stock will be added to its working capital for use in re¬ accounts payable and for reworking oil wells drilling water flooding, and other property improvements.' The company's producing leases en 2,046 acres, : 1953—12 Mos.—1952 $3,584,494 $49,890,423 $45,889,589 z,m,6o9 40,145,913 37,032,854' dividends Sales partners. divided is Brewster-Bartle Drilling 1951, we requirements. All other persons interested in the extracting tungsten Mohave County, Ariz. Laird James & May 21 that there have been proceeds to be received from BUSINESS—Corporation *$0.02 dividend $827,275 _ the Basin Oil Corp. (Del.), Evansville, Ind.—Stock Offered —Cruttenden & Co., Chicago, 111., on May 12 offered "as a speculation" 893,044 shares of common stock (par 10 cents) at 62Vz cents per share. Of the total, 280,000 shares are for account of the company and 113,044 shares for certain selling stockholders. PROCEEDS—The preferred 1953—Month—1952 — Lyndall r — more placed privately through Rodman & Linn, Chicago, 111'., R6 shares of this company's stock at $30,232.55 per share. duction be arid the presently Basca Manufacturing Co., Inc.—Stock Placed Private¬ ly—It Offered Notes purpose of operating a harness horse racing betting privileges in the State of Delaware. It has purchased a tract of land in New Castle County, Delaware, six miles north of Wil¬ mington, where its racing plant will be located, and is now engaged in the construction and acquisition of a racing plant and equipment for such purpose. "It is believed that the Association will be in a position to hold a harness race meeting beginning on Sept. 7, 1953." Net proceeds of the present financing is estimated at $1,697,000; and the proceeds of previous financing is listed at $429,553.32. The major items of expenditures are $1,503,045 for the cost of constructing the racing plant and $112,838.82 for the cost of 104 acres of land already purchased. An additional $315,401.32 of the proceeds are to be applied in payment of loans from stockholders included in the amount .of "previous financing" referred to above. George T. Weymouth and Nathan Miller, of Wilmington, are listed as directors and as President and Vice-President, respectively. Each owns 21,333 shares (40%) of Corp.—Buys Ezee Flow— corporation has acquired the properties and assets of Ezee of Chicago and Ezee Flow, Inc., of Collegeville, Pa. * acquisition, now the Ezee Flow Division of Avco, has been the leaders in the filed of fertilizer application equipment, and is an important addition to Avco's farm implement production facilities. —V. 177, p. 1898. April $0.83 .___ after 3,231,333 (net)—. income period Co., Inc., and Laird, Bissell & Meeds, both and Harrison & Co. of Philadelphia are named as the principal underwriters. The Association has agreed to sell 2,000 shares of the stock to Harrison & Co., manager of the -underwriting group, "at $2 per share. " " new for 11,458 342,628 of Wilmington, Corp. income 12,174 10,694 342,628 $4,088,658 — taxef>__s revenues- statement few liimted Limited 80 own in mission The Net and NOTE—As of Feb. and this corporation filed a registration statement with the SEC on 14, 1953, covering $1,600,000 of 0% debentures, due June 1, 1978, 162,000 shares of its $1 par capital stock, to be offered for public sale in units of $500 principal amount of debentures and 50 shares of capital stock. The price of the debentures is 100%, of principal amount, and for the, stock $2 per share, and the underwriting com¬ The May 20 by shares—; share income Preferred May General Dynamics Corp. below. Atlas Mining & Development The Net and Avco Manufacturing 1952 $18,039 - The $1.71 -See Masbate Consolidated units' 11,362 .___ Interest, etc., deductions Del.—Registers With SEC— Atlas Corp.—Sells Stock Interest in Consolidated Vul- Flow to are Kingman, Ariz. Lease Brandy wine 1366. tee Aircraft Corp.—See —V. 177, p. 1470. the bonds in Subs.)—Earnings— share, income *After 1,289,200 share com. p. Ariz. partnership organized in Arizona on Oct. 1, of the Boriana Lease are Alphonse D. are of Boriana mining located $2,209,147 $2,510,109 $162,725 $184,154 outstanding. per 177, 417,619 shares revenues oper. Gross $2,582,397 31,104 ing, 754,683 $2,927,728 44,153 ^ shs. Earns, 765,070 $193,829 dividends—— Balance Com. 67,506 $228,307 deductions- income Preferred —V. —— Lease Boriana called The Gross offered 2087. exps. Net Shear& Co.; partners K. Harper, Boriana $3,272,588 7,999 $308,955 — proceeds name limited a general Dan The income Operating with debenture be to Carolina Power & Light Co.—Earnings— Other working; capital. is The $1,957,850 — notification of unsecured 1953 common per p. Balance Kingman, Lease, sometimes referred to as 1953—Month—1952 1953—12 Mos.—1952 $1,683,875 $23,635,643 $20,708,575 1,654,698 1,430,539 19,994,577 17,435,987 Period End. Apr. 30— Operating 6% $8,846 Period End. April 30— Oper. & Proceeds—The and 7 ; letter a (par $100) of stock at . preferred per 173, Operating Boyce. BUSINESS—Tiie Atlantic City Electric Co.—Earnings— Sale— on 1263. p. 6% Co., Inc., Buffalo, N. Y., on May 6 offered $30,000 of income notes at 100% of principal amount "as a speculation," in denominations of $100 or multi¬ ples thereof.. . current stock paid preferred $4.25 *Earned program Twichell 100% ties in Spraberry area. payable is and May 5, 1952, filed 13 five-year oi common dividends Earnings $1.38 and 8% stock dividends. tAfter providing for preferred stock dividends. §Special provision for write-down of crude oil proper¬ 1952, 176, the from bills repay taxes common —V. t5,395,796 $0.47 of after Preferred the un¬ Brokaw May on $80,000 shares Carman & Co., Inc. (& - 2,489,978 5,398,631 Friedman, Dulles & Co.; Wurts, to 3 Months Ended March 31— financing will be used for a modernization and which, according to the management, will sub¬ efficiency and capacity of the plant. The corporation is the major producer of beryllium alloys. It sup¬ plies materials to foundries, mills and other converters. It also pro¬ duces a line of products for other industries in the from of rod, strip and wire. The company reported record sales in 1952 of $9,405,000, an Increase of 23% over 1951. Sales for the first quarter of 1953 were $2,504,000 compared With $2,268,000 in the corresponding period of 1952.—V. 177, p. 1898. at ___ Co.; & corporation 400 Nnmber in Co. b.nds, bonds and four shares $2,000 per unit, with¬ underwriting. The proceeds are to be used to pay expansion costs lor working capital. The company is moving its office from Portland, Ore., to Crescent City, Calif., where it operates a green veneer peeler plant. be Kuhn, Loeb & Co.; White, Weld & Co.; W. D. Hecker & Co.; Laker, Weeks & Co.; Butcher & Sher- & Bros. Proceeds 7,800,839 1,248,916 share com. tlncludes *Loss, 4,071,554 179,723 1,349,192 paid- period per 2,945,038 395,384 paid- duPont & mortgage $1,600 Oi stantially increase the 8,54.8,844 — Pfd. Hammiil expansion 165,000 25,000 60,000 I. SEC and Francis Kidder & Co.; Cyrus J. Lawrence Securities Corp.; M. Stein and 57,813,806 120,531,774 117,684,909 o6,266,554 11,476,423 12,845,839 4,880,000 5,595,000 2,135,000 57,769,217 5,595,038 taxes Xet Co.; & A. son, $ $ $ $ rerd; 1953—6 Mos.—1952 1953—3 Mos.—1952 Period End. Mar. 31r- Gradison group first Incorporated below.—V. Number by headed a the out 15 filed be underwritten by Associated with Francis Co. will derwriting Ashland Oil & Refining Co. May on 18, 1953. offering will This 2002. p. June to tending and corporation redeem covering and with the SEC a registration state¬ ment covering 88,385 no par common shares which it plans to offer to stockholders of record June 5, 1953 on the basis of one additional share for each four shares held. Tne subscription period will run The 14 May on to Textron SEC • approved issuance of $1,000,000 first mortgage bonds. Approval for the issue is sought from the Arkansas P. S. Commission. • : " stockholders with Cal-Ore Veneer Inc., Portland, Ore.—Files— * The used The SEC— Beryllium Corp., Reading:, Pa.—Registers With Co.—Bonds Approved— Arkansas Natural Gas 1 (F.) Burkart Manufacturing Co.—Vote $240,000 *892,785 shs. 1,000,000 shs. 10 cents)—— (par 0/notification letter a for capital improvements. 'See Outstanding $240,000 6% conv. sink, fund notes due July 1, '56 Common filed a $35,000 of 20-year 5% refunding, mortgage bonds dated 1953 to be offered at pa* (in denominations of $100 and $500 through Graham & Co., Pittsburgh, Pa. The net proceeds are be to and 1853, Authorized received first $35,000,000 18, May oh company 1, each 20, 1953, Feb. of as program. be July GIVING EFFECT TO PRESENT FINANCING CAPITALIZATION Bids for Bonds May 25— Bids record shareholders of Co.—Financing Approved— Arkansas Louisiana Gas The Bunday's Water Co., LinesVille, Pa.—Files— The covering the company offered to its under a letter of notifica¬ tion 285,000 shares of common stock at a price of 50 cents per share, ih the ratio of one additional share for each two shares held. In addi¬ tion, the stockholders were given an over-subscription privilege allow¬ ing them to subscribe at the same price for any portion of the 285,000 shares not taken by shareholders under the pro rata subscription offer. The subscript.on offer, which expired on March 6, 1953, was nqf, underwritten. Pursuant to this offer the company's shareholders subscr.bed for 42,785 shares at an aggregate price of $21,392.50. The sale of these shares resulted in a reduction in the conversion price of the 6%, convertible sink ng fund notes from $3.33'/h .per share to $3.13. If all of the shares now offered by the company are sold, tne con¬ version price of the 6% convertible notes will be reduced to approxi¬ mately $2.35 per share. Feb. FINANCING—On RECENT land of tract The site was acres properties are subject to a first mortgage lien securing the 4% f.rst mortgage note held by Ashland Oil & Refining Co., and to a junior mortgage lien securing the 6% convertible sinking fund notes. Since beginning business on May 1, 1951, the company has par¬ ticipated in the drilling of a total of 18 gross wells of which 12 were completed as producers and six were dry holes. The company's work¬ ing interest in the 12 new producers is the equivalent of approxi¬ mately four net wells. The company has also purchased an additional 55,67% working interest in the Edgar Allen lease in Gibson County, Indiana, bringing Its total interest in this lease to 76.18%. northeast be approximately 285 barrels per day. The company also has leases on approximately 500 acres in Kentucky and in Indiana. Substantially all of the company's producing was non-producing of basic chemicals will be made available to the chem¬ ical industry in 1S54 according to Thomas L. Daniels, president. The new products which will consist of unsaturated higher alcohols will be A $1,485,353 1,555,216 1,555,135 $0.83 t$0.9i Computed at the full rate of 30%. tAfter dividend requirements preferred stock then outstanding.—v. 176, p. 850. Apr, 30— 1953—Month—1952 $ $ 29,108,000 Gross income Net 3,770.000 income Earnings per com. share —V. 177, pp. 2003 and 2127. $0.48 1953—4 Mos.—1952 $ $ 29,202,000 109.865,000 120,548,000 2,852.000 12,658.000 13,263,000, $0.36 $1.59 Sl.G'f Volume 177 Number 5223 ...The Commercial and Financial Chronicle Chicago Bridge & Iron Co.—Stock to Employees— The Container Walter shares of common stock (par $20), which were covered, notification dated May 11, are to be offered for subscrip¬ employee shareholders at $49.08 per share.—V. 172, p. 2479., 6,112 by The to the authorize May on sale of 15 years.—V. C. I. T. Financial The and issuance mature in tificates to $1,170,000 A equipment trust cer¬ 177, p. 1471. registration statement with the SEC a GMV May on 1953, the furnishing of purpose 177, additional working funds to' pipe lines, refineries, V. 1899. p. one-third over horsepower more 177, "The . the directors Board, • Mr. he will Jones charge will turn devote serve increasing ment and Mr. oil Mr. Jones formerly time and 177, of New develop¬ and interests, gas sale the p. Service been has associated " . in succeeding the 1940, Presidency, the company disposed utility properties while at the same expanding the company'-s oil and natural his gas and 2127. Controller Robert H. of all Electric American service is entrance of none Minerva, not which ' intended now Good manufactures and at Oil switches and electric make to these Electric controls of will Switch road make for firms.—V. 177, President as these of * 1798. p. Kuehneman S. ; ' and A. Coffin, President of CBS-Hytron, Division a of Colum¬ the Broadcasting System, on May 20 announced another step in the long-range> expansion program. The addition is the pur¬ chase of the first plant constructed in Lowell, Mass., under that city's company's dynamic and widely heralded industrial rehabilitation The 42,000 electronic V The foot square industry—the is site plant will transistor part of Lowell turn and program. will 19 filed with purchase Place, the SEC state¬ the reserves the" unsubscribed shares which Park 177, right Stock Purchase— to purchase additional the shares if into its will subsidiaries. under common the stock, Company.—V. for corporation and United Fuel Gas Co., have applied order authorizing Columbia to advance on open an United from required by latter, amounts aggregating not in excess of $7,700,000; and the Commission has issued an order giving interested persons until May 26, 1953, to request a hearing thereon. The funds are to be used by Fuel, time time to during 1953 funds as are the United Fuel The its finance to Columbia subsiidaries Gas in the purchase System, the Inc., of of for gas has its joined inventory. current be offered The prospectus Public Holding these securities value par 174, that notes Utility $15, with following the of early in their for giving current i and the Commission has issued an order Heat persons until May 26, 1953, to request a hearing.Ohio Fuel Gas Co., $15,000,000; The Manufacturers Light The Co., and Home Co., Commercial The first Central $5,800,000; Gas post Kentucky $700,000.—V. Solvents Natural Gas $800,000; Co., Open Nitrogen Plant built to help meet the world-wide nitrogen shortage will be completed and in production for the 1953-54 fer¬ tilizer year, it was announced on May 22 by this corporation. The new facilities are part of Commercial Solvents' Sterlington, La., plant and will double the company's present output of nitrogen for agricultural industrial and "A plan to use. Ithe The the Commercial new $20,000,000. financed to They In by the addition increasing to present first expansion 1956.—V. production new soil. Solvents the are nitrogen production facilities of the programs 177. of horizon the built were cost a of industry's privately 70% increase in chemical aimed at at a the end raw the of a new family and 1953 volume in series a closely advances—V. other 15, filed of Derby Consolidated Gas Electric Light & Power Co. of Balti¬ and of the then statement) held. the on 177, basis with stockholders, stockholders not (and employees) be to are offered underwriting commission Proceeds loan of the indebtedness will be improvement company to up office 'EDT) production 177, Baltimore, expects Md., purchase the for 9 receive it of to from series Y, due 1, 1983. EARNINGS FOR AND 3 Operating revenues. Oper. & exp. Operating taxes__„ 3,732,432 13,795,883 11,807,657 158,427 573,101 730,039 3,890,859 14,368,984 12,537,696 961,256 840,570 3,585,245 3,410,381 deductions income '"Earns, Com. com. on shr. 319,726 3,374,320 2,730,563 1,278,905 9,504,834 $9,127,315 1,278,906 7,848,409 $0.68 $0.56 $1.94 $1.63 4,945,266 4,853,034 4,945,266 4,853,034 ,r outstand.. average $3,050,289 $10,783,739 319,727 stk. for com. per ♦Based $3,694,047 _ dividends." shares —V. 31 4,655,303 income..- avail, MARCH 177, shares outstanding.—V. 177, p. 2128. Vultee Aircraft Corp. Acquired by General Dynamics Corp. pany below.—V. 177, THE p. - tion in of the than Dana Seibert latter com- at The 50th the a '» available 5,000 $8.50 during World George wheel for President Published twice days this by War II Michie, B. capacity will resin-bonded to SEC one industry business because of 177, was the p. is NOTE: On STate 2-0613)' Account of the 1 Drapers' off steel the will be from shares offered to some share, will facilities in the months with be used its at strike, under time secured license by 177, p. 1901. Gulf Mobile & Ohio RR. and Illinois the replace G. V. Rector, Omaha, and resigned in order to permit more di¬ who board, J . director the of Bankers Life Insurance. is the First Vice-President various Universal of of of McCord Calgary member a career, the President Lime Co. of Chicago; the Masonite Dover, Corp. Ohio.—V. of 173, Chicago; 565.. p. with T. M. said an of importance its in Electro in 1952 the resin offices President Pacific circuit in of San Francisco, Federal Electric has been and J S. Electric. breakers and other electrical control and products type piimarily of the low voltage type for in¬ installations, and Pacific Electric's primarily of the long distance transmission of electrical power. > for Placement Mutual * by this this year Co. of the offered of for Co., Modern Woodmen Country Life Insurance Co. of Pittsfield, Inc. also Securities Of¬ — and class A one The subscribe preferred convertible shares to for stock 19,638 of stock preferred class A at is net $11. Each convertible and common proceeds on will a com¬ the firm, Co., which opened operates branch new record at May the on held. $4 unit . „ $15. into used under for with further expansion. $1,538,000 in TO trade of name Oakland PRESENT and payable to $500,000 535,000 535,000 65,000 30,000 shs. in Outstanding $500,000 payable 29,458 shs install¬ 1963 notes 1956 in install¬ 1964—_ subordinated cumulative ferred stock conv. "Class A Hayward, FINANCING 65,000 to note payable (par stock stock $11) 100,000 shs. 19,638 shs. $1) <250,400 shs. 149,600 shs. 149,600 shs. (par (par $1) 19,638 shs. <■39,276 shares reserved for conversion of convertible preferred —V. 177, p. 2129. vitrified stock. Capacity 25% in the Financial The grinding sales. SEC While covering offered the industry as a whole, mainly chalked up a 6% sales increase. New I p. Credit corporation at York. on 150,000 Corp., N. May shares par ($2 The proceeds per 8 filed of share), are to 7% Y.—Files a letter of cumulative through E. be for used J. With SEC— notification preferred Fountain with stock & the to exchange, remittance for foreign Inc., working capital.—V 174' 1100. Copyright 1952 by William B. Dana Company. Reentered as second class matter February 25, 1942, at the States, U. 6. Possessions, Territories and Members of Pan-American Union, $48.00 per year; in Dominion subscriptions and advertisements must be made in New York funds. be Co., (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 7, N. Y., REctcr 2-9570. Herbert D. Seibert, Editor and Publisher; week [every Thursday (general news and advertising issue) with a statistical issue on Monday], Other offices: 135 S. La Salle St., Chicago 3, 111., of ' pre¬ value) par stk. com." "Common" participating (no pfd. ' Nov. 1964 Cum. Signa¬ Authorized note 1957 Subordinated Junior loans in outstanding of $4,300,000. the offices , term ments share one priced of con¬ at be CAPITALIZATION GIVING EFFECT are unit and is 15, basis Each through Dec. 31, 1956 sliding scale thereafter. company has expanded from six offices outstanding In 1949 to 13 offices with loans Loan of units every three shares of preferred share of class A common stock The 1 corpora¬ over of See of New York City, Wil¬ Calif., and Bridgeport, Conn.- competitive wheel Insurance Inc., participating preferred rights PROCEEDS—The wheels. some Life ... Loan convertible two for Georgia Arranged— Mutual, 2128. units sists $24,463,482 today the new than previously. boosted been executive Cole, of a rate of America. his & Mass.; Co. Association In Gypsum Gardner, Products Gas periods and this company, a Delaware corporation with headquar¬ J1., of Pacific Electric Manufacturing Corp., a Cali¬ Investors p. Holders two 1953—4 Mos.—1952 resin-bonded greater has 19% $1,000 N. being The unsubscribed per refractories on 1679. Gardens, fluctuations times in to making being offered first to May 15 and any unsub¬ scribed portion will be sold to the public after June 10, 1953 when subscription rights expire. This is the first time any offering of common stock has been made to the public by Federal Loan Co. Diamond, S. concentrate reflected up 1940j is 31, automobile in present stockholders of record year. wheel amounts convertible preferred stock (par $11) mon stock (par $1). The stock is grinding wheels will be resumed corporation, which dropped this production growing Jan. on and Pope, Inc., Syracuse, N. Y., and Chace, White¬ side, West & Winslow, Inc., of Boston, Mass. announced May 21 the offering of a new "unit" of 7% cumulative share rights Of $8,975,919 $25,281,437 Grant also is not on May on 177, liam linked vitrified four in fered—Simon, Strauss & Himme strik¬ Inc.—April Sales Off— Vice-President, be wheels company's the home Federal booklet a are such funds, company production $7,892,002 London, E. C., England, c/o Edwards & Smith. post office at New York,' N. Y., under the Act of March 3, 1879. Subscriptions in United of Canada, $51.00 per year. Other Countries, $55.00 per year. (Telephone by Massachusetts V. anniversary for share of shares. 1953—Month—1952 of output and $3,000,000 of first mortgage 5% sinking fund bonds due Feb. 1, were recently placed privately, were sold at par to $1.20 60 notes 1954 which 30, Large-scale 15, N. and of grinding wheels, crucibles and 20% in the first three within debenture May purchasing basis a at Co. Electric's 1965, well- $1.05. 1952, of discount the He Wall Newark. voltage the —V. 1471. of Stove in the furnishes share. per sale increased in business Independent Natural corporation Senior period of was, manufacturer President, announced on May 22. An even greater increase is expected after the company's new vitrified grinding wheel plant begins operations in June. this -See COMMERCIAL AND FINANCIAL CHRONICLE William Interest of comparative past Stock the dustrial Electro Refractories & Abrasives Corp.—Sales Up— The Cohsolidated of Marsh ments Sales A-l before Holland also Corp, director the high 1579. p. multiples or devices, Federal Electric has acquired, for $4,500,000, ap¬ proximately 98% of the common stock of Pacific Electric. The merger together two major manufacturers of electrical equipment, with 1953—12 Mos. —1952 149,483 Gross pfd. stock ENDED 4,505,820 income Net MONTHS $27,580,105 $25,045,530 $93,403,248 $85,838,647 23,074,285 21,313,098 79,607,365 74,030,990 income Other Income 12 1953—3 Mos.—1952 series a the Omaha, is Holland Recently Period End. April 30— Sales 5% five-year Moines; U. S. National Bank of Omaha; the Detroit; the Permian Basin Pipe Line Co.; and of a A developed illustrated with waivers of $7.45 Is Edison Brothers Stores, of each issue. distribution 1799. p. standards statement more public company's $50 Des announced plants. mortgage sinking fund bonds, Period End. Mar. 31— Bal. in June on first refunding $25,000,000 June its at noon of and Thompson, President the other of date of Commerce. to the the on loans composition board ture The bids director Merr'am Merriam fornia will be applied to the pavment of term approximate amount of $279,500; and the working capital available for such uses as the determine. It is at present intended that this bal- with of of in small Edmonton ters financing in added together ance, for $250,000 units from incorporated in Ohio company, com¬ employees. The balance of unsubscribed shares will be offered public sale through D. A. Lomasnev & Co. The subscription price to publicly in par years Public certain for per be used to pay the series A debenture notes ($201,250 outstanding at Feb. 28, 1953); and for dealers Cortelyou, at and 1900. p. company has obtained entitled to purchase 58,600 by $5 of Private the living The purchased at members a Florence compounds, styrene, booklet two-thirds of $3.62 1953 offering of $250,000 principal amount Is completed. Chamber of V. and covering 100,000 shares of Its. $1 par common stock, to be offered for subscription by stockholders (of record on the effective date stockholders 15, have been elected to the board of directors, F. Merriam, Omaha, President of Northern Natural Gas Eugene Holland, Chicago, founder of the Holland Lumber Messrs, Mr. 1953, management may more—Bids for Bonds Expected June 9— Co. the ' material raw of monomers 32-page This our reegistration a May will engaged new' John and and Edgar Brothers Co., Metuchen, N. J.—Registers With Exchange Commission— company at personal property.—V. Corp. Securities and The redemption Securities, State of Ohio. The small loans are secured principally by automobiles, household goods and pledge of chattels and • in Builders." how $182.41 $3.66 knits styrene has published coincident Engineering Department a the for Dec. 31,'52 $183.42 l_ share com. offered 15 notes 1954 from unsecured Co., v . vinyltoluene, of latest May on proceeds Division Mr. laboratories. ' laboratories, will supplement material for synthetic rubber.—V. "The balance 1899. p. the versified Laboratory— Mich. the share_'___- and called was BUSINESS—The J. of Housatonic research Pont's shares ammonia, application by Midland, technological for direct the Story of demonstration of ing the present . of Act Company the of three-man two company du not anhydrous of and manufacture material, basic The of company formed for the devel¬ intermountain area." See further ( America, units will add two important basic sources of nitrogen to the company's agricultural chemical line. These are DIXSOL nitrogen solutions for mixed fer¬ tilizers and crystalline ammonium nitrate fertilizer used principally output at Dow's of issue, Nevada a additional State (E. I.) duPontde Nemours & Co. (Inc.)—Issues Booklet plant war the completed entitled in of offering of $50,000 of contemplated to be made not . laboratories broaden new known this and Federal Electric Products Co.—Acquisition— 177, p. 2127. Corp.—To net An . an interested thereon: & inventories; for to 1954 The of .Idaho, working capital. 1679. p. Vinyltoluene Plant— plant be appeal Colorado 1900. debenture Federal A will application with the SEC for an order authorizing open account advances by Columbia to the sub-* sidiaries, in the amounts indicated; to finance the purchase of gas filing research expected Utah, 939. maturing July 1, viz; underwriting terms, supplied by amend¬ for subscription by officers •• New to the SEC account to , ' acres. intermountain to sponsor They will mature five Co. The-company announces opening of its new Edgar Britton Re¬ Laboratory, named in honor of its Organic Research Laboratory ' V v "• ('■ '■*• The laboratory, with total floor area of 42,000 square feet, has eight six-man Columbia Gas System, Inc.—Advances to Units— work¬ it search This The and financing director. 2127. for Fairmont Foods Co.—Two New Directors— Dow Chemical Co.—New Research under a class A stock Acquisition by diodes. develop-' is the preferred per 177; p. A-l thereof. 1256, p. shares of proposed Commission.—V. p. A contracts contemplates the conversion of by the New Industrial Plants Foundation of Lowell, Inc., a pri¬ vate corporation encouraged and sponsored by the Lowell Development as p. per company series - _ and company ment 177, class the ; from will be used in part to provide for the payment of $800,000 of bank borrowings for construction purposes; and any remaining balance will be added to the general funds of the the to confined until Reynolds & Co. and. principals of the under¬ the record date, subscription price and the names of the underwriters, are to be proceeds mon] underwriting. used , presently 1953. as employees. 1935 rate Fair Finance Co., Akron, O.—Debenture Notes Offered registration a \ 2269. p, Unsubscribed Service of marvels new germanium the Industrial the out value value Inc.—Registers With SEC— do so.—V. as merger be Mar. 31,'53 asset share.—'V. record date: ment. Columbia Broadcasting System, Inc.—Expansion— Bruce Exchange 43 corporation filed a registration statement with the SEC* on May 14, 1953, covering 47,039 shares of its no par common stock, to be offered for subscription by its stockholders and by officers and employees of the company and its subsidiaries. Stockholders will be entitled to purchase one new share for each six shares held on the Net bia York, New 623. p. has offered to purchase from stockholders of Taylor Co. 200,000 shares of Taylor common stock at $30 per share. " Oil Corp., should tenders from Taylor stockholders exceed ■ shares, well "Due properties 177, asset The Delhi to as Minerva of 1, 1972, are debentures at The The army William succeeds Hoge oil V. Net March Two Minerva. Mr. City due temporary sell or machinery accessories. to the offered the at Equity Corp.—Asset Values Higher— The 176, 200,000 tanks and will continue the manufacture* of such items, the announcement added. A total of 75,000 square feet of manufacturing and office space are located on 15 acres of ground in for Derby Gas & Electric Corp.—Registers With SEC— line a without are As of— Debens.— company & Gas The It They also make large leaf collectors which pulverize leaves. The Minerva firms have adequate backlogs of government orders for mechanical the May on which chooses items, present by Clark Controller Co. American that safety continue will sold or by Clark. Machinery makes Roads debentures p.m. : (EDT) on June 23, Marks & Co. are named M. group This apparatus made any fund Delhi Oil Corp.—Proposed by outright company which in turn owns and Corp. and Good Roads Machinery . Switch made of in principally acquisition Ohio. equipment are the announced held, proceeds with be to 1 entry opment . 3:30 Laurence writing shares The $1) June (Nev.)—Stock Offering Completed— was Hogle & Co." details Co.—Buys Plant— purchase of Fuller-Johnson Corp. a operates American Electric Switch Corp., Corp.—Definitive exchange in Bank, of corporation at 10 1. notfication par record state of Incorporation. This offering is the largest financing independent oil company in this area, and marks the first an covering a proposed offering of 318,625 additional shares of • capital stock to its; stockholders. The company expects to offer the • stockholders rights' to purchase one additional shares for each 3V4 •' shares of capital. stock held of record at the close of business June -1953, and it is expected that the subscription warrants will ex¬ pire ' - President, Hoge, 'Sinking York," N. Y.—V.M77, company.—V. Clark Electric delivery National The ( of 1480. p. added: shares Net 3%% for Decca Records, the both in the of of J. A. ment Vice-President, • *' <• • v Cities During natural rapidly developing business.—V. gas in officer As Chairman, administrative duties and natural Executive L. Doherty. electric executive available Chase of stock 1152. p. Definitive of affairs. its long-rang^ expansion and President became Henry its of Chairman as fields. with Cities Service for 36 years. late of certain the to Service foreign Watson, Watson Mr. Jones chief company's direction and attention Cities' the of domestic to over the as supervision the of May 21 elected W. Alton S. Watson as President. on Burl and each July on 175, letter a common stockholders A. Hogle * natural Corneil-Dubiiiet Co.—Changes in Personnel— for expire filed 11 of gross Mr. cubic per James . Service Cities share new will May shares common Hogle on May 8 announced that J. A. Hogle & Co. had completed the sale of 750,000 shares of English Oil Co. at $1 per share. Leasehold Interests of the latter company totaled approximately 293,899 leasehold acres in addition to 42,051 vital significance gasoline plants and chemical process¬ according to Mr. Boyer. Savings In fuel alone now provide' the first practical approach in recent times to offsetting constantly , rising prices in fuel and labor that critically concerns industry today.—' to underwriting terms are to be supplied by amendment. Net proceeds will be added to the working capital of the corporation, to be used for produces compressor,- on 10,000 English Oil Co. ing plants, and subsidiaries.—V. one Rights of space than was ever possible before.' The ultimate possibilities of this development are of Kuhn, primarily corporation covering subscription by of foot covering $50,000,000 of debentures, to be offered for public, through an underwriting group headed by Dillon, Read & Co. Inc., Loeb & Co., and Lehman Brothers. The public offering price 15, sale for engine new 3 Electronic Associates, Inc., Long Branch, N. J.—Files— The SEC development,, identified as the GMVA, that will save industry 10% in" fuel costs, has just been announced by Ralph L. Boyer, Vice-President and Chief Engineer. In addition to cutting fuel consumption to as low as 7,500 btu per horsepower hour, the new ' engine development, which Is already in use on Cooper-Bessemer's' Corp.—Registers With SEC— corporation filed Retires— Cooper-Bessemer Corp.—New Development— asked the Interstate Commerce Commission 19 America—Keller ing capital.—V. ; Gompany of Paepcke, Chairman of the Board, has announced the retirement of Ira C. Keller, Executive Vice-President, eiiectiCe May 15. For the past 27 years Mr. Keller has been active in the operations * and development of the company.—V. 176, p. 1563. Chicago, St. Paul, Minneapolis & Omaha Ry.—Equip¬ ments— Corp. P. voluntary by letter of tion (2247) 4 The Commercial and Financial Chronicle.. (2248) .Monday, May 25, 1953 t Inc.—Secondary Offering—A secondary Firth Sterling, offering of 20,000 shares of common stock (par $2.50) was made on May 8 by Goldman, Sachs & Co. and Sin¬ Deane & Scribner at $6.62 ^ per share, with a deal¬ er's discount of 25 cents per share. It was quickly com¬ ger, pleted.—V. 176, p. 143. ♦Issuable of common would be cumulative; spect to conversion rights 19 filed a letter of notification with the SEC covering 4,000 shares of common stock to be offered at par ($10 per share) through R. L. Emacio & Co., Inc., Spokane, Wash. The net proceeds are to be added to working capital. The corporation makes a formula lor processing .fresh meat. corporation Florida Power vately—The & RR. 4%% May on P. Corp. Commission U. Stock Pri¬ To Sell Preferred — has been authorized by the Florida company preferred stock sell to shares of 80,000 new with institutional in¬ (par $100) vestors. itirea, The called has company for redemption July on all 1953 1, its of plus accrued dividends. per share Holders the of close the being computed —V. business $19.91 at the and common stock the common stock preferred at $100. to 1953, with 29, share, per convert may June on 177, p. 1799. next, all of the outstanding $10 par value, at $12 per share plus accrued dividends of 15c per share. Immediate payment will be made at The First National Bank of Chicago, Chicago 90, 111. • The holders of shares of convertible preferred stock shall have has called for redemption on Aug. 1, convertible cumulative preferred stock, company , stock until the close oi business on the second day before the redemption date; namely, July 30, 1953. The convertible preferred stock is convertible into common shares at the rate of l'/» shares of common stock for each share of convertible prefeired stock.—V. 177. p. 2129. option to the convert said initial subject is conversion change to rate of redemption exchanging his the possible largest Goodrich preferred of the tne lor start stock, number also named purchase below such of below, A and 500,000 on shares has each issued be by the A. Walker H. C. of which not may shares into common Becker G. Blunt Ellis Blyth & Mr. Hoover to Reinholdt Scherck, 1% Central Republic Co. (Inc.) Dempsey-Tegeler & Co & 3% Edwards & Co.—— Glore, Hill Other issue An of non-cumulative $400,000 Nicolaus White, & Amott, Baker & Co., not constitute new 53. Inc., it was announced on May 15. This does financing on the part of the company.—V. 176, p. —V. 177, $9,975,994 $38,366,081 $35,313,623 $10,466,868 - Co & Eckhardt-Petersen and accrued dated be to & inteerst July Co., Inc., Louis, Mo., are offering at 100 first mortgage serial coupon bonds St. $175,000 4%% 1, and 1953 due annually July from 1954-1963, 1, inclusive. Appraised These valuation bonds, land, church, Fellowship Organized in and be $450,000. direct obligation of the church, a will be secured by a closed first mortgage on the school, parsonage, and the new Educational & to be erected in Milwaukee, Wis., , at a cost in the 1927, ia affiliated it Synodical the through will is congregation with The belongs / the to Wisconsin Church-Missouri Lutheran Conference. of products, Less inter and Net less discounts, 1952 $39,775,267 $40,400,904 16,976,235 18,393,274 etc intra-company transactions to customers Earnings before taxes Taxes income on income on (estimated).- ♦Earnings ♦Based 2,181,000 $1,945,642 $0.65 $0.72 ... 2,695,519 shares presently outstanding.—V. Contract General Corp.—Stock Offered—Holders of the outstanding common stock of record May 4 are being offered the right to subscribe at $11 per share for 500,000 shares of preferred stock, 6% series, of $10 par the rate of one share new for each 3.3 value ferred stock, exchange shares 6% lor series their to are series A be offered ($10 A par, stock to hoMers 5% plus nf additional an outstanding pre¬ cumulative convertible) casn in. payment to be made to the company by the person desiring to make the exchange. Any remaining shares will be sold to the underwriters. Each stock share of preferred of rates: the stock, 6% (but company not through June 30, 1956, into through June 30, 1960, into series, after is convertible into 30, June the 0.80 shares 0.75 shares 1963) at of common of common stock; PROCEEDS—Of the proceeds of the cash sale thence stock; through June 30, 1963, into 0.70 shares of common stock. The preferred stock, 6% series, is redeemable at the option company, for $11.50 per share, plus accrued dividends. thence of the of interest in $505,000 and the production is period of 1950. like of Midwestern Fire & Marine Insurance Co. at a cost the creation of an additional $250,000 reserve)* proceeds will be used to increase the working company.—V. 177', p. 1799. for capital of the of the BUSINESS—Corporation, 1946. It years ago is the in direct Missouri a successor to corporation, a business organized was which in begun 40 was St. Louis, Mo. The principal business activities of the company and its subsidiaries consist of operation of commercial banks; purchase of instalment obligations arising out of the sale of automobiles, farm imnlements household appliances and furniture; lending of money to dealers to finance their making panies purchase small loans which automobiles Corporation six banks, two other owns individuals; insure all or finance insurance insurance branches Texas automobiles and against for sale in operation risks of loss their of of businesses; insurance or com¬ damage to damage to buildings. several various and to chiefly and of a large and $20 $100 ♦$10 par par par Common ($10 (5% majority of the stock Authorized cumul., cumul., conv.) convertbii") (5% cumul., convertible— (cumulative) stock ($2 first our Berry Asphalt Co. of Chicago, a subsidiary of Bird- and Son, Inc. East Walpole, Mass. Rubarite, a free-flowing, unvulcanized synthetic rubber product, was developed by Goodyear with the cooperation of Berry Asphalt and the Baroid of each of and par) Outstanding 500,000 shs. 500.000 shs. 50.000 shs. 49 513.5 shs. 15,500 shs. 138,000 shs. 14 939 shs ' Division The plant None 3,000,000 shs. $1,659,073.1 shs. The SEC of National Lead. which will manufacture the new product is now under scheduled for early completion at Magnet Cove, Ark. for Rubarite Inc. will be located in the Board of Trade and corporation for industrial applications available as from May on covering $100,000 bonds and of 2130. p. ' - ' five of Sales filed letter a five-ryear 6% of common of notification unsecured stock ( the with registered $100) par debenture to. be offered in a 1953—Month—1952 $8,083,116 ______ —V. 177, Greater The SEC debentures corporation of ceeds are The $70,565,208 Muskegon covering tions 1953—9 Mos.—1952 $9,428,721 $76,077,112 1800. p. Industrial Fund, Inc., Muskegon, Securities and Exchange Commission Micb.—Files With $150,000,- year 13 of shares 500 Grayson-Robinson Stores, Ine.—Sales Off— this $100, to May on $250,000 $50, of filed 12 3% $500 be loaned Greater letter a debentures and $1,000, of notification be to offered in with the denomina¬ without underwriting. The pro¬ Continental Aviation & Engineering Corp. to Muskegon makes loans to firm is a non-profit organization which industries to locate in the Greater Muskegon encourage area. As of 177, level running first six the to exceed total than 20% the in the above months first the of record sales volume representing defense a 20% performance and I am confident forecast—both higher with respect the on outlook 177, and defense 9 Based the good on production." stockholders to the of total date by This plans to raise over plan. The plan, which $3,000,000 has not through yet complex a been developed in final form, has been approved in principle by the stockholders. This company is a holding company which leases its railroad prop¬ erties under Louisville & long-term a Nashville lease RR. to Co. In stock of Georgia Railroad Bank As first step in a First as Railroad Securities the of the plan, Atlantic Coast addition, it Line RR. Co. about 98% owns and of the new a Banking new 30 Account" capital stock the issuance and the Tex.—Stock Dividend— voted to transfer amount an of this distribution equal from to "Surplus one-ninth fractional be may sold shares will combined or exchange for full share Privilege of exchange be issued, with will expire at certificates deemed each the to sale will this tional —V. of Georgia Railroad & Banking Co. in exchange for their stock, the exchange to be effective only if holders of 95% of the stock of Georgia Railroad & Banking accept. June 2, certificates 1953, and for after been share, mailed Gulf stock 177, on not to stock is dividend) is the books by a legal of price check holder the currently and close a and of company) selling of $6.50 approximation certificate sufficient been: sold be share fractional among capital to permit stock. presented for by holders thereof at a shown (as capital of p.m. have fractional certificates of fractional have one-ninth tificate (ex 5:00 which the and similar shares or of company outstanding on that of 20,000 new shares of capital (par $10). Such distribution is to be made pro rata holders of record April 30, 1953. This will increase the $1,800,000 to $2,000,000. thereafter. & Trust Co. corporation, probably to be known Co. of Georgia, would be organized. corporation would be offered to present stock¬ & "Capital the April on — company $11.57 stock No To Reorganize—Stock¬ holders May Subscribe for Stock of New Company— reorganization 1952 $1,240,000 $11.90 share per 141. p. Account" from Georgia RR. & Banking Co. 1953 $1,630,000 assets value Gulf Insurance Co., Dallas, in of 2129. p. —V. car for will be able to make we civilian to 1953 products. net asset first 1953, established for present April 30— Total Net The about quarter this such be for the such as any will of $6.50 price for stock date exchange about for of capital proceeds fractional soon $58.50 each share per one-ninth actual of cer¬ possible as market frac¬ value. 2007. p. holders share One additional $250 First of shares Railroad First of First Railroad stock stock; Railroad collateral stock trust bond. currently is quoted at about $180 Underwriters would a Georgia Railroad & Banking the right to subscribe to 13 at $4.10 per share; and a Georgia Railroad & Banking share. Railroad First ciety in all the After these would buy Railroad & then Georgia amount of the agree to Plans from Equitable Life Assurance So¬ Banking debentures now outstanding steps transfer its had stock call for gas for an Co.—Construction Approved— authorized by the Federal Power Commission large natural gas the to company Columbia Gas cost The a Gas has been company construct pipeline from build System, Inc. estimated $130,000,000. company is to finance new a It Louisiana 30-inch would line to extend to Kentucky. carry about natural miles 860 the project by the sale of $96,000,0011 of 4%% mortgage bonds to a group of 18 insurance companies headed by Metropolitan Life Insurance Co. and by an offering of about $34,000,000 in equity securities.—V. 177, p. 725. Ilajoca Corp.—Earnings— $2,190,000. been completed, Georgia Railroad & Banking Georgia Railroad Bank & Trust to another new corporation, which probably will be known as Georgia Bank Se¬ curities, Inc., in exchange for all the stock of Georgia Bank Securities. would Gulf Interstate The and to buy all unsubscribed shares of First Railroad and an additional 210,000 shares for $4.10 per share. Pro¬ ceeds of the sale of stock, according to Georgia Railroad & Banking, would be over $3,000,000. * in Georgia Railroad & Banking then Georgia Bank Securities pro rata to would distribute the shares of its stockholders, principally First 3 Months Ended March 31— Net profit per —V. 1952 $64,274 $101,808 outstanding 146.977 146,977 share $0.44 $0.69 shares Earnings 1953 taxes after Common common 175, p. 1022. Railroad. Railroad First securities or then capital would Railroad companies, an insurance company companies, plus 50% of the stock of companies and, in addition, it operates 11 par, dollars—with a cars scheduled estimated stock.—V. would make contribution the use funds 174, loan stock- series I January, —V. p. to available $500,000 subscribe by loan, purchase Hevi of to to Georgia Bank Securities, additional stock of Georgia 1297. This has (P. H.) company, of Glatfelter Co. from it was Bonds Sold Privately—This — announced May 21, has sold an issue 4.90% sinking fund bonds on $6,300,000 first mortgage due 1973 to The Mutual Life Insurance Co. of New York. This issue was placed by The First Boston Corp. The proceeds will be mortgage bonds of the $4,300,000 will be used to retire company, and the the presently balance outstanding of first approximately for the company's improvement program. inanufacturer of pulp and book and bond papers publishers, commercial printers and paper converters. The- company book used is used bv —V. 171, p. 2303. a Duty Electric company. applied to Co.—Bank Loans— Milwaukee the SEC for subsidiary of authorization The to . North renew a American Co., S3QO.OOO loan hearing Chemical Bank & Trust Co. of New York for a furtheryear from July 2, 1953; and the Commission has issued giving interested persons until June 3, 1953, to request a thereon. The application states that the renewal of the loan necessary the period of agency CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING 6% at are remainder of the year, which located in Illmois, Arkansas, Louisiana, Mississippi primarily engaged in purchasing instalment obligations. Preferred billion on operations our There would be offered for each share of the and balance Affiliate Organized— of Corp.—Operating at Higher Rate— truck and stock: stock, an amount not exceeding $631,186.20 will be applied to the redemption of such of the 61,881 series A shares as have not been exchanged for the new preferred. Approximately $750,0)0 may be used by the company to pay off loans made to it by its subsidiaries (and used for the purchase of a 50% Soldering Irons— on tips announced $150,000,000 of with factory sales of monthly average. For quarter common fallowing , $2,000 bond and five shares of stock at $2,500, per unit, without underwriting. The proceeds will be used to pay expansion costs. The company is moving its office to Grants Pass. Ore. shares held. Subscription warrants will expire at 3 p.m. (CDST) on May 27, 1953. The offering is underwritten by a group of investment bankers headed by G. H. Walker & Co. Unsubscribed 177, Curtice, President, on May 22 said in part: "Currently, "Last at iron bulletin issue Motors Harlow H. the 177, p. 2129. $1.52 31, 1953.- Guardian Mutual Fund, Inc.—Assets Increased— 3,024,000 $1,754,248 charges. share per on soldering proposed a quarter, Earnings after all V. July 1, 1958 to provide additional working capital. The public offering is to be underwritten by a nationwide group of underwriters headed by Morgan Stanley & Co.—V. 177, p. 2007. $22,799,032 $22,007,630 3,935,248 4,969,642 ___, (See Schumann, Jr., President, on May 21 announced that the filed on May 20 with the SEC a registration statement General sales stock of transaction This - J. 7,372,273 $2.42 ? — the common Brothers. due 1953 stocks common shares outstanding March -ntr company Quarter Ended March 31— of Corp. Lehman General Motors Acceptance Corp.—Registers 000 of Debentures With the SEC— covering sales shares Atlas lrom with Designated as GEA-4519, the eight-page, two-color publication uses photographs, diagrams, and tables to describe soldering from con¬ struction, application, ratings, and prices. Also included is a full page chart which describes the purpose of flux and which flux is best suited to the base material or applied finish!—V. 177, p. 2129. John 1,169,083 11,284,774 ___ share of per Period End. April 30— ... $ 944,116 formation of Rubarite Inc., a company which will manufacture sell, synthetic rubber powders for. use in asphalt for roads and in other asphalt materials has been announced by the Joint owners, the Goodyear Tire & Rubber Co., the National Lead Co. of New York, and units new a 1952 303,552,336 280,844,765 304,496,452 282,013,848 sold, depreciation, selling, admin¬ general expense, and reserves— 272,122,230 257,137,754 for U. S. and ioreign income taxes— 21.089,448 17,503,821 on New company. Synod Gayiord Container Corp.—Earnings Lower— Gross Corp. present Building $230,000. of excess Synod, property mortgaged issued, when corporation, and a of purchased 400,000 Aircraft and in of Ail 1953 sales ; Headquarters conjunction irons described the for nearby plant Acquires Shares of Con- General Electric Co.—Bulletin Soldering are material raw The 4% 1472).—V. 177, p. 2129. Offered— by principal a Grants Pass Plywood, Inc., Portland, Ore.—Files— corporation has in products, and 8% »/a% . Vultee chemical acrylonitnile plant would be the company and adjacent new owned Acetylene, income ♦Based '/2% Co & Net xh % xh % 3% Inc. Co., —— Witter Dean Dynamics Corp. negotiated was making oil-resistant other Hoover said. Mr. and ♦Earnings solidated Vultee— Garden Homes Ev. Lutheran Church, Milwaukee, Wis. —Bonds already unit. Building in Chicago, 111.—V. 177, General p. 1680. p. 1759. p. Consolidated 1953—4 Mos.—1952 1953—Month—1952 April 30— 177, This Gamble-Skogmo, Inc.—April Sales Up— Period End. gales —V. and plant, new income Provision 4%. _ plant is scheduled to in of goods istrative Va % Weld & Co.— Wibbing & Co ~H. O. 8% Co. conditioners the tract a net construction due debentures income 5% 1,1966, has been placed privately through Jan. & soil in income Total . Forty Wall Street Building, Inc.—Debentures Sold— Hutton new $ Hick- Scribner— Co & Stifel, Yu% Brothers E. W. the will be fed by pipeline from the Inc., he said.—V. 177, p. 2129. Co., Consolidated 1% & Stix & Co Forgan Deane Moore Vu % - & Co... Simon. & M. xh% Sons—— & be 2610. p. Goodyear Tire & Rubber Co.—Earnings Increased— Y2V0 — — Singer, . 1% - G. I. 3% Co Bernet Smith, Fusz-Schmelzle A. Richter man . Co., 173, Quarter Ended March 31— 3% Gardner & Schneider 4% fibers, cloride operation, Reduction 3% 1% 1% — Jaffray & HopwoodPierce & Co. Inc. Piper, 3% Eckhardt-Petersen He said the fall of 1954. versatile liquid monomer used a on vinyl Vx'/o Co._ Rauscher, Co._ debt.—V. $8,500,000 chemical plant at Calvert City, Ky., 18 by John R. Hoover, President of B. F. said that ground for the soon its new 3% 2% Jones & Co Co 3% Sons Inc. & 8% & & Brown the to May plastics, be broken be Metropolitan St. Louis Newhard, Cook & Co 4% Co Bradford C. Altx. Inc Inc._ and Loewi 2% Simmons Co., Boettcher J. Corp.— Co. & & Edward D. 4% ' 2% Inc Securities retire Company. manufactured of the agreed agreed to sell to each the underwriters has company Whipple & Co to with $1) par This will be company's second plant at Calvert City. It formally opened a S.6,000,000 vinyl chloride monomer plant there on April 18 of this year. the percentage set opposite its name shares of preferred stock, 6% series, 16% & Co Allyn & Co., American on in operat.on Cost G. used ( Washington, D. C. the purchased by tne common stockholders pursuant to their preemptive rights, or issued in exchange for the preferred stock, series A, as above to proposed be to new a Chemical will stock, C% preferred of notification stock 27. May on company the of series company his of whole of expires the from build Acrylonitnie, A, at $10.20 per share stock remaining alter the foregoing bass lor series stock, balance any of Goodrich Co.—New Chemical Plant— to announced rubber, preferred offer This proceeds are Plans is company preferred price) net were adjustment upon letter common rtucmpuou anu rates. OFFER—The holder each (its A. the The making an offer to the holders of its preferred stock, series A, $10 par, 5% cumulative, eonveiuoie, 10 exenange one share of preferred stock, 6% series for each 1.07843 snares of preferred stock, series A held; and to purchase from a A on through Ferris & Co., (B. F.) basis oi and conversion Bacon, Foote Bros. Gear & Machine Corp.—Calls Preferred— The lour account EXCHANGE filed class described. shares preferred of before the series, underwriters stock, 4.90% series, outstanding at the close of business May 14, 1953. Immediate payment will be made at Chemi¬ cal Bank & Trust Co., 30 Broad St.,, New York 15, N. Y., at $103.50 $lu.30i, (maximum May 11 (if any), dividend rate shares of common stock reserved for Classes of preferred stock, wnicn numoar does contemplated retirement of the series A pre- UNDERWRITERS—The preferred vaiue corporation coveiiUg 35,000 shares of offered at $3.37V2 per share SEC 562,884 Ve i.gured on 6% var.ous to convertible of into is stock, include not take not series. Calls Convertible Preferred Stock— The to $10.30). (maximum conversion proceeds will be used to help finance expansion.- The entitled (if any), sinking lund o'/c>, liquidation <iiiaXihiuiu tDoes The would be preference over common on liquidation; would nave certain voting rights on default in dividends; and would have such other terms as the directors might set with re¬ price Fischer's Flavor Seal, Inc., Spokane, Wash.—Files— Goldenbefg Co., Washington, D. C.—Files With SEC— by board of directors, subject to preemptive stockholders. The stock, as authorized by charter, action upon rights order an is one because working funds.—V. 169, p. of the company's continuing need for 2642. Hewitt-Robins Inc.—Sales and Earnings Increased— 3 Months Ended March 31— Net sales Net earnings taxes Net earnings after taxes Earnings per share —V. 177, 1953 $9,325,789 before p. 1680. 1952 $9,249,589 543,213 603,127 244,313 235,327 $0 85 $0.82 Volume 177 Number 5223 ... The Commercial and Financial Chronicle 5 (2249) (Henry) Holt & Co., Inc.—Allen PROCEEDS—The Director— a George E. Allen, Washington attorney and business and government advisor, has been elected a member of the board of directors of Henry Holt & May 21 Co., Inc., by Edgar Allen Mr. book and magazine publisher, T. Rigg, President. also is director a of Republic it announced was improvement of Co., Avco Manufacturing Corp., Occidental Life Insurance «-o. California, Standard Gas & Electric Co., Duquesne Light Co., Grayson-Robinson Stores, Inc., and is a trustee of Penn Mutual Life 173, 2496. p. Howard 1953—Month—1952 $2,104,112 —V. 177, 1250 pp. the extension EFFECT Proceeds TO PRESENT FINANCING Series Series E, 3%%, aue Mar. Common stock (par $10) After 1, Wisconsin in Crosse La laws in and seven 12, Blosser & Illinois Bell Telephone Operating 1953—Month—1952 revenues Operating expenses Federal income Co.—Earnings— Lake 1953—3 Mos.—1952 The $25,785,384 $24,222,979 $76,422,906 $72,156,007 16,942,617 18,810,355 taxes 54,817,130 235,000 was incorporated It furnishes telephone and service surrounding rural Ohio P. in U. notes Commission to meet has cost of 1,977,000 2,205,000 6,314,000 2,560,419 2,354,640 7,603,369 $2,437,110 Net operating income after charges $2,720,722 2,223,666 $7,896,618 6,361,332 —V. 177, $7,688,407 6,408,160 ' authorized the 2,023,007 1680. p. which will that building new a 139,200 square feet to the company's existing Endicott manufacturing facilities. The structure, which will house complete heat treat, plating and plastics moulding facilities, will be situated on the property between North McKinley and North Rooseveit Ave¬ nues, the purchase of which was announced on March 2. Freparauon in ment site the of Actual way. for construction is building the scheduled July, 1954—V. 177, p. 1902. International Minerals &, This completion latter the of charge This of beginning chemical chloride ' and ' , " Chemical Corp.—New Plant Carlsbad, International's various and under September, new at of part underway already is this hydrochloric-acid-magnesium-oxide plant New Mexico, will begin operations this month, with full production scheduled to get corporation's reaving the project start to for the installation of manufacturing equip¬ be ready will unit July, A. Norman Division, Potash large produce Vice-President Into, announced hydrochloric of tonnages in 15. May on acid high-purity brine, magnesium oxide products from magnesium by-product resulting from the production of potas¬ a sium sulfate. This brine will be purified, concentrated and decom¬ posed by heating to produce hydrochloric acid and magnesium oxide. Initially, International expects to produce various periclase products of high magnesium oxide content and a special high-purity grade of magnesium oxide for use in the manufacture of electrical heating elements.—V. 177, 1902. p. International Paper Co. (& Subs.)—Earnings— Three Months Ended March 31— other and Pulpwood, income labor, outfreight, etc. Provision Federal excess Canadian Net Net 15,551,293 — 791,427 L__: sh. com. 12,746,594 $1.52 $1.41 divs.)__ pfd. $4 profits tax has been computed at the 30% present law.—V. voted to retire announced was the earth-moving $4 rate provided for 177, p. 412. preferred This company, affiliate an of Standard Oil Co. The well which, tested new a horizon in the April 30 the right to sub¬ scribe on or before May 27 for 47,132 additional shares of common stock (par $1) at $1.12 V2 :per share at the share for each two shares held. one has been underwritten by Dargar & Co. Co., both of Spartanburg, scribed shares at the PROCEEDS—The net the sale used for the of to the establishment and for to together with the for to in engage It the one this in immediate shallower will area vicinity of Totumal No. or to cretaceous at feet, 5,700-6,400 be continued, as well 1.—V. 175, p. 1862. Vice-Admiral the Carl the p. F. Common variety Naval Hospital in The GIVING EFFECT stock (par $1) 7,500 $1.12 »/2 shares its of share.—V. per 177, South Carolina, and cent The His age May 58.—V. was in 18 177, 236. the' J. See Monterey Oil Co. Courts below.—V. 174, T. Baker period End. 1953—4 Wks.—1952 April 25— TO PRESENT L. at will be President right by Lawrence New York area cne corporation covering offered York. 299,975 $1 at The on per net May shares share proceeds filed 13 of letter a stock common through East be used to are Coast for notification of (par cent) one Securities operating with Cowen gun stereo of and price to Corp., capital be New and oil of procaine (of Delaware) and Jersey). All other companies under license from Lilly.—V. 177, •" electric 3% as with use the all N. available variable a The film items equipment will be a flash volt viewer specially designed will manufactured be Lionel's at plant. J. metal construction, the camera will be horsehead of 732), held p. Star Gas and of by Mines in Trust & Co., 177, Antamok net this in SEU The 1953, at has authorized a postponement from May 26 to June 23, 10:00 a.m., of the commencement of the hearing in the investigation concerning the registration statement filed by this corporation in January, 1948, which became effective Feb. 3, 1948. The postponement was occasioned primarily by the fact that the further public original date for hearing conflicted with another concerning Otis & Co. involving some of 1953, counsel.—V. 177, p. hearing the same & —V. gas 177, royalties 1953—Month—1952 $1,741,578 $1,460,243 the $4,443,879 (S. S.) Kresge Co.—April Sales Slightly Off— Period End. April 30— Sales —V. 1953—Month—1952 177, p. for the April 30— Sales 177, p. 12 announced earnings for the first quarter to $1.67 per common share after pre¬ equal shares of The 1953—Month—1952 a Co., The 1953—4 Mos.—1952 new has that actively 1581. Crosse Telephone of Corp. — Stock Co. and Bell & Farrell, Inc., on May 12 Sold — Loewi & by booklet, the "Properties of Titanium and company. P. Titanium Corp. is jointly owned by Inc. and Sharon Steel Corp.—V. 177, p. 1258. Mallory R. Masbate company 2,000 share) one new to (Pa.) on the common share for filed 5 of filtration a common letter of notification with stock to be offered at the in Consolidated to the New industry in the Philippines. property in Cebu and the Mati iron as soon the as will form to ment this property be its reorganization plan acquired by was is group a by the have according to Colonel Soriano, mill, with the exception of a Masbate the 2,000-ton Toledo company, invested be ore of Mining Co., in install owned now the in to agreed equipment for mill. In approximately plant Toledo. at advance developing addition 3,500,000 A 1,500,000 pesos the mine, the to pesos of group Jap¬ ($750,000) advance pay¬ repaid in copper. iron held by A. claim owners. are Soriano The Cia. under y development operat¬ operation an and mine will be turned over to the Atlas organization. Nego¬ Japanese buyers are in process of being finalized to sell 720,000 tons of iron ore annually from this property at an average price with the $8.50 per pesos of 3,000,000 ($1,500,000) Colonel Soriano actively push addition to ton for also 60% to with ore, help in advance an developing that revealed the the of payment property. reorganized will company exploration work work on a number of other prospects contemplated at the Toledo and Mati properties. McLoath Steel Corp.—Plans Donald that at B. a authorize for McLouth, special and President, meeting, June 1, approve in expansion an Financing— May on 1953, financing new It program. will in 18 notified shareholders they were being requested to the amount of $105,000,000 provide for blast a furnace, ore its operations The iron from to ore finished cold rolled sheets. steel total cost of this construction v/ill amount to approximately $100.000,000.. Present bank loans of $12,500,000 will be r°tir<*d. The new financing has been negotiated as follows: $14,000,000 of 3%% secured $27,000,000 notes fund due 514% total a Dec. bonds (convertible of value); par bank sinking notes income 1958; 31, $56 U0j,000 due Dec. 31, 1972; preferred stock) into cumulative participating of first 514% 31. 1982; of 4'/4% $8,000,000 due Dec. preferred stock ($50 $105,000,000. of This financing and certain amendments expanding the purposes of the company, increasing the authorized common stock to 2,500,000 shares and authorizing the issuance of the preferred stock will be acted upon at the meeting.—V. 176, p. 959, and V. 172, p. 1437. Medusa Portland Cement Co.—New Director— Black, President bf The White Motor Co., has been elected director. Black, that before President formerly Vice-President director of the Cleveland Co., a trustee the of University.—V. 177, Retail p. Brockway of Mack of Truck Motor International Motor and Co. is Co., a Electric Illuminating Co., Interlace Steamship Society 413. Savings, for Cleveland, and State Ohio ——Jan. 1 to Apr. 25— -V. 177, p. 1952 $9,397,599 3,397,599 sales $7,519,234 25—— 1252 1953 $28,319,657 $19,865,676 1903, Mercantile Stores Co., Sales —V. stockholders each share to of held. pay, record April Rights expire in part, for 14 on on May the cost 26. No of a new plant. The public offering was oversubscribed. turing serially May 1, 1954 to 1965. Maremont Automotive Products, Inc. — 177, p. which Note Placed s Publishing Securities Webster Inc.—April Sales Up— 1953—Month—1952 1953—3 Mos.—1952 $10,146,400 $10,004,000 $27,788,000 $26,526,000 1581. Meredith Co. Corp. — Stock Offered—Stone headed investment an & group May 20 offered for public sale 175.000 shares of value common stock at $16.50 per share. The shares are being sold by certain large stockholders and no part of the proceeds will be received by the company. $5 on par BUSINESS—Company and the publishes present Gardens" lets, and vision established name as was 1948 and 1951, respectively, broadcasting. since and was corporate sole a adopted in 1925. proprietorship in October, large-circulation monthly magazines—"Better Homes and "Successful Farming"—books, booklets and leaf¬ two and the SEC ($25 the basis par Privately—This corporation, it was announced on May 19, has privately with The Equitable Life Assurance Society of the United States a $1,500,000 promissory note ma¬ in & Development mining copper start equipment buyers of anese 1902 Water Co.—Files With SEC— May shares underwriting was involved. The proceeds are to be used water investment Consolidated Mining the Toledo copper circuit ($1,750,000) It publicly offered only 10,000 shares of common stock (par $10) at $11.25 per share. In addition, the corporation will also sell to its parent, Central Telephone Co., 10,500 shares of common stock at $10.50 per share. to residents of Wisconsin of , , substantial a Atlas in will Period End. April 30— quarter were $76,960,707, while the total quarter of 1952 were $64,890,631.—V. 177, p. 2009.- technical suppliea covering per con¬ associated with the Mindanao Mother Lode Mining Co. in turn, in 1952 gave A. Soriano y Cia. an option to explore to develop the property under an operating agreement. suflicient equipment stock common first the Mallory-Sharon $13,164,747 $13,992,843 $48,282,757 $49,892,032 La May taxes, first Manhcim —V. on after sales for alloys (S. H.) Kress & Co.—April Sales Decreased— out. nor portfolio total value of 5,279,463 a 1953 1681. Period End. the Melville Shoe Corp.—Current Sales Up— Titanium Alloys," Mallory-Sharon Titanium Corp., Niles, Ohio, provides current information on different production methods, general properties of various alloys, standard production classifications and testing pro¬ cedures, and specific qualities of the five types of titanium and Its & pointed was involve of dividends, compared with $1,523,146, equal to $1.11 per common Total 1953—4 Mos.—1952 $26,828,735 $26,875,841 $92,800,944 $39,731,768 it not corporation pesos ($2,639,Brewery common stock totaling 4,125,413 participation of 1,150,000 pesos ($575,000) a said war, rights Mr. New share, the first quarter of 1952. Per share figures are based on 1,302,689 outstanding at the end of the quarter. In value respec¬ Miguel which Davao investors with (P. R.) Mallory & Co., Inc.—Booklet on Titanium— 1953—3 Mos.—1952 $4,757,100 company $2,245,315 ferred Higher- 1581. P. of sales Kern County Land Co.—March Revenues Oil May 26, witnesses and on ^902. Period End. Mar. 31— The alone, does companies. (M.) Lowenstein & Sons, Inc.—Earnings Higher— • Gold- book share per of 15,000,000 pesos ($7,500,000), source consolidation -4 Wks. End. Apr. Kaiser-Frazer Corp.—Hearing Postponed— ($0.0412) Tanganyika. engage This group, 2131. p. the tue reoganized and Soriano will of Co.—Subscription Agent— Bank of the San of Robert F. York, has been appointed subscription agent in connection with the proposed offering of rights to subscribe lor shares of convertible preferred stock ($100 par value), not to exceed 183,300 shares, which the Lone Star Gas Co., Dallas, Tex., is making to holders of its common stock. See Chemical stock pesos merged the ANTA-M-1XL Co. from and merger ($2,062,707), Colonel 422. York New share. per by the mining companies, at present dividend annually, a!nd these will give the reorganized annually of consist Saza die-casting. It is designed for color film which will be developed, mounted and returned to the consumer by the at a cost of $1 per magazine. Each load will consist of 175, increase be offered for cash to the Mihing Co., at IXL 0.0825 investments, which have mortgage flash synchronized will sell for $39.95, full 2-lens, and 10 voltage All camera. trains, it was announced on The camera will be available extra as changed from equipment and mining properties with a 2,700,000 pesos ($1,350,000), Colonel Soriano 10% disposal a investments grate week of August. a be capital capital ingot making and steel rolling facilities to be constructed Trenton, Mich., plant. In addition to doubling capacity and materially lowering present costs, this expansion program will inte¬ in the popular price this corporation, world's by in this docks, selling camera Of cents) outstandnig the and will Co. increase special Master a New President. the third eight stereo pairs.—V. V. exploration. of program tiations selling (5 include: Mining an mining as earning template of distributed toy Cowen, Also said. well as The the well investments are earnings The a Jewell Oil & Gas Corp., Los Angeles, Calif.—Files— SEC (of centavos the and of ($0.0375) The Mati Iron claims Chemical Corp. The complete package consisting of stereo camera, case, battery viewer Lone The and purchase to subscription approval million). $7% company, on the basis of its full capital has 1902. p. The rates, flotation "»"• . manufactured manufacturer May 21 company 1953—16 Wks.—1952 acquire Co. as After FINANCING Lewis, the a for with completed. 141,396 shs. Elijah the stockholders of these companies in Manila, Colonel Soriano said. would thus acquire assets which, together holdings, will total 8,300,000 pesos ($4,150,000), consist¬ investments and cash amounting to over 5,500,000 pesos ($2,- June Outstanding covering stock operate •: ' ' three-dimensional new field packaged, $18,383,418 $16,525,706 $73,289,500 $66,334,568 177, penicillin - aluminum —V. Co. 1903. p. reorganized company of at Of Jewel Tea Co., Inc.—Current Sales IncreaseSales the Heyden Chemical procaine Irvington, 1694. p. 10 of approximately explained. by against 2131. p. for Shares— mon suits making Mr. Jergins Oil Co. of California—Successor to Sell Com¬ ing the Court to determine the amount of damages. was filed by Lilly attorneys in April, 1951. Other infringe¬ involving the same patent have been brought in Federal suit ment District of Co. Straus, Co., present store cent Lilly & Co.—Wins Suit— designated in Queens. 10 This company has won its Federal District Court suit against Schenley Laboratories, Inc., of Delaware, for infringement of the Lilly patent on procaine penicillin. The Schenley plant is at Lawrenceburg, Ind. On May 14, Judge William E. Steckler, Federal District Court in Indianapolis, upheld the Lilly patent and enjoined the defendant for be 177, & ...... The 2008. p. Co.—V. Consolidated to Development of the Toledo 500,000 shs. common Manufacturing Hallgarten pesos ($1,750,000 will ing agreement with the (Eli) largest died on will pesos property in of 5 — company has also granted to a restricted stock option to up & Telegraph Corp., Albans, St. the of at Treasurer, (USN retired), President of the Federal Inc., of Nutley, N. J., research unit Holden Telephone stores, stores serve Lionel Corp.—Introduces New Stereo Camera—• Laboratories, International 10 be the in as International Telephone & Telegraph Corp.—Obituary of will additional more from company funds, to submitted ($2»/2 public at shares. in the by Landrum, S. C., and Spindale, N. C., and plans to open a third store at Spartanburg, S. C., in the immediate future. The company also plans to establish a cen¬ tral warehouse at Spartanburg, S. C., to serve its stores. A Telecommunication unsub¬ any balances. cash stores The offering corporate incorporated retail by issuing in exchange therefor its own share at the par value of centavos, (5 cents), which is the estimated book value of Masbate pesos warehouse of was operates now other of central a deben¬ company connection tively, and Calhoun & offer received be acquisition of improvement BUSINESS—Corporation 10, 1952, business. who will price. same proceeds shares provide company, an¬ northwest of its completed as a after acidizing, flowed at the rate of 210 barrels per day on a inch choke for 24 hours with 400 pounds tubing pressure. quarter Drilling stock of its common stock of record full term of the patent from making, using, or penicillin in any of its forms. He referred the case to Jersey), (New May 20 that a well located nine miles discovery well—Tolumal No. 1—has been producer of 35 to 37 degree API gravity oil. on be Masbate pesos or Mining 0.075 with (E. L) Lewis Co., Inc., Spartanburg, S. C.—Stock Of¬ fered—The company on May 12 offered to the holders to Colombia million 750,000), the International Petroleum Co., Ltd.—New Well— nounced 21. May on cumulative will value rate of 4% the in Colonel Andres Soriano, President, announced submitted of name Atlas (2) business 855,024 13,795,977 (after directors it the of July 1.—V. 177, p. 2130. 3,666,439 — taxes income 4,417,732 3,341,689 —* ____ foreign sale Authorized 17,867,782 *2,852,712 taxes profit profit per the — taxes taxes. other 164,499,347 approved $ 124,692,793 119,229,840 6,166,013 5,715,936 — —: — income profits and *Excess in Federal income State depletion and for have Westinghouse Air Brake Co. The on expenses, — Depreciation the 1952 167,191,909 - materials, to stockholders & Mining & Development Co. 15 fields CAPITALIZATION 1953 $ Sales to $5,163,062 $20,124,727 $17,898,684 Le Tourneau, Inc.—Sale Approved—Votes to Retire Preferred Stock— The the of 1963 Parts arranged McCormick approximately 3,500,000 1581. p. and be which The stockholders 1953—4 Mos.—1952 (R. G.) ac add the building will $5,319,764 177, Accurate was special meeting on May 28, Atlas of plans are nearing Endicott. N. 20 May on of 1953—Month—1952 sales —V. note of the war, will Proposals 5 • International Business Machines Corp.—New Building This corporation announced completion the construction Net redeem company 22. plan (1) Lane Bryant, Inc.—April Sales Increased— Period End. April 30— Net at a issue to company end May to 7,173,899 operating the of McDowell since the planned expansions. 6,325,000 taxes— Other of to due the Through consolidation of capital and the development of new prop¬ erties, this company, Antamok Goldfields Mining Co. and IXL Mining Co. in the Philippines will resume mining operations for the first time on County Gas Co., Columbus, O.—To Issue Notes— $500,000 acquisition by (Philippines)—Major Change Name- 24/,000 1953. communities 50,760,490 used debenturs obtained Masbate Consolidated Mining Co. Mines Merger Proposed—To This Period End. Mar. 31— receht being are 43/4'/e loan 955,000 1928. nearby the bank 367,000 all located in the state of Wisconsin.—V. 177, p. 2008. areas, its borrowing and a Cleveland. $690,000 250,000 Jan. on the I960 repay Placement ly<< deducting retirements due in to with Outstanding of due and sinking fund bonds3Vz%, due Sept. 1, 1968 C, 3%%, due Sept. 1, 1968___ D, 3V4%, due Sept. 1, 1975 under $9,014,821 $3,587,120 and tures BUSINESS—Corporation, located at La Crosse, Wis., 1953—4 Mos.—1952 $2,659,741 1680. and for used mortgage Series Stores Corp.—April Sales Decreased— Period End. April 30— be Series B, * Sales will Authorized ACF-Brill Corp., of Co.—V. proceeds corporation's facilities. oa *First Steel Motors Insurance net the CAPITALIZATION GIVING has been engaged in tele¬ radio Farming Circula¬ tion Co. and Meredith Engineering Co. The latter has three wholly owned subsidiaries: Meredith Syracuse Television Corp., Meredith WOW, Inc. and Meredith Champlain Television Corp. "Better Homes and Gardens" magazine has a current average circulation of 3,750,000 copies per month, while "Successful Farming" had a circulation for the March, 1953 issue of approximately 1.260,000. It has two wholly-owned nine EARNINGS —For revenue sales $28,690,705, and the same period months advertising including amounted subsidiaries, to $23,424,532 net were ended sales and Successful March 31, 1953, magazine and subscription and newsstand total net revenue amounted to earnings available $2,491,157.- for the poramoa stock for 6 The Commercial and Financial Chronicle (2250) 1953 APRIL 28, OF AS CAPITALIZATION 1967 ■ stock •Common ($5 par stock, $10 par value, was split into two shares of common stock, $5 par value. Shares oi common stock, shown in the capitalization table above, have been adjusted to reflect the stock split and change of par value. tThe com¬ pany is' indebted to The Northwestern Mutual Life Insurance Co., Milwaukee, Wise., on a note dated June 30, 1952, to this amount, principal payments are due in annual installments of $200,000 on July 1 each year beginning in 1953 and extending to July 1, 1967. Principal payments may be prepaid in multiples of $100,000, subject to certain provisions, one of which requires the company to pay pre¬ 1% miums of the on amounts of shares of bers from purchase to prepaid. selling stockholders the stock common below: forth set A. C. C. S. 15,300 4,500 Allyn & Co., Inc Ashmun 3,200 2,200 Ball, Burge & Kraus William Sullivan Bosworth, Inc. & Curt/is Brothers & Co._ Securities Corp (Inc.)— 3,200 Dean Witter Hayden, Stone & Co.——_ Hemphill, Noyes & Co 4,500 5,500 Harold 2,200 Yarnall Inc. ———-—~ - Harris, Hall & Co. Henderson C. T. Co._ & W. Scranton & Co.„ 2,200 & Barney with 177, his In gross the if alternative, the in or, file within they will (b) and quarter, statement showing a register 10 7,000 operating $1,040,532. wage 7,000 He 1,800 000,000 power. all 1952 was increased producing $1,350,000, shares it of New Redemption— deferred it will during of income $1,183,750 net a of increase an past eight 70 Broadway, series due May 1, 1983, at 101.335% and accrued interest. The group won award of the issue at competitive sale on May 18 on its bonds the from: received were in provide to and depression, Weld White, . Excuange In Co., & & Co. (Jointly), 100 439 for 37/ss; and Kuhn, Loeb & Co. ^nd Salomon Bros. & Hutzler (jointly), 101.76 for 4s. The bonds will be redeemable at the option of the company at regular redemption prices ranging from 104.34% to par, plus accrued interest. bonds, together with funds received from the prior or simultaneous sale of 32,500 additional shares of common stock to the company's parent, Gen¬ eral Public Utilities Corp., and from bank loans proposed to be effected during 1953, will be used by the company to reimburse its treasury for expenditures made prior to Jan. 1, 1953, for property additions. The balance will be applied to the cost of the construc¬ tion program subsequent to Dec. 31, 1952, to the repayment of shortterm bank loans, and to the reimbursement of the treasury for ex¬ penditures subsequent to BUSINESS—Company Pennsylvania ing, steam mately for and 700,000, 042,567; selling Total for 1952 income net and EFFECT TO 2 y« % series 1974 FINANCING and whole to series due 1977— series due 1978 23/4% due the 3»/4% Earnings due 1982 due N«t 3,696 135,364 Dr47,081 137,126 $340,125 $4,840,996 1,183,910 1,410,924 $249,720 __ to $292,654 $3,657,086 $3,114,443 period— 266,856 the for $3,390,230 —V. Cumulative 3.90% pfd. series 4.35% \ series stock agreement— (par $2,847,592 4.45% series—. •The Mortgage ditions, its The charter is in accordance agreed, on firm a Halsey, Stuart & end of mortgage with purchasers commitment basis, amounts of named to new Co. $2,300,000 Robinson & Co, 100,000 Williams Si Co. Si Co & 150,000 Pomeroy, Townsend, Bodine— 150,000 Thomas Fauset, Steele & Co.— 100,000 Van York Walter Hanseatic 400,000 & Si & revenues Operating expenses Hutton Inc 1,000,000 Bids at $5.50 Co. Inc 100,000 The of 31,937,060 company $1,801,763 $6,245,916 $5,538,878 1,556,500 5,590,075 4,778,269 of common stock to Its parent, short-term bank loans and for its The 15, company 1953, 177, Operating Operating Colorado, the company Montana, MCF. +. owns Oklahoma, non- Texas and liquid reserves company's filed its $3,010,000 registration from the American new sale of with the covering its bond financing proposal.—V. 177, 215,000 Natural Gas shares Co., to construction.- statement $2.13 1965. Gas Corp.—Earnings— & 1953—12 Mos.—1952 1953—Month—1952 $5,577,786 $64,679,967 $58,741,612 4,634,129 54,461,729 49,969,724 $5,936,688 4,948,571 $943,6*7 $10,218,238 434 73,400 $988,117 440 — $8,771,888 $10,291,638 $8,784,912 $944,091 $988,557 - 13,024 206,492 229,834 2,507,705 1,963,929 $782,065 — $714,257 $7,783,933 $6,820,983 dividends— 1,081,428 M. 2132. p. Corp., San Antonio, Tex.—New Well— President, Joncas, in Fisher tne 1,054,199 $5,766,784 — Joncas tanks. been will settle down it . announced that the Canfil well completed and is flowing 2 has Tex., believes He May on County, to be 100-barrel well. a stated: further barrels days per month for 18 months without any pro-ration. This means that Noranda will receive approximately $1,500 per month from the well. We are working on other promising areas where we hope that pretty soon we will be drilling, wells." ■ «*. Earlier in May, Mr. Joncas announced that the company "is now working on promoting a well south of the Willingham well, which was completed for a gas well. i ' : \ "The company may have to drill another well on the Rushing property. This is the property that produced oil on the drill stem test and then went to water. The company believes this is another allowable will be 80 per day, 30 , , producing area."—V. 175, 613. p. ' « North American Car Corp. ' - (& Subs.)—Earnings— profit after taxes- 1952 1953 3 Months Ended March 31— Net $233,582 $0.72 _v-,—— —— •Earnings per common share dividend requirements.—V. $192,079 $0.60 176, p. 1163. Philips Co., Inc.—New Industrial X- American North Ray Unit Fits into Tuto Trunk— "Norelco" A new into the rapid trunk of inspection automobile an welds, of craft equipment, is av'Co^fi f"<tn the ment, Non-Destructive Testing Division. The the unit new hieh 143 is tension gas designed plant, corporation's power that fits specifically ship X-ray for and air¬ Depart¬ since the X-ray tube head also contains of 150,000 volt output. It weighs only accompanying control is equally compact and unique generator The pounds. is and lines, pipe v X-ray unit (MG 160) portable industrial complete MG weighs only 80 pounds. The 223 net j . 12 be filed of common through used to Fulton, redeem letter a of stock Reid notification ( & be to Cleveland, Co., outstanding $1) par with 6% the offered O. convertible The deben¬ 142. p. 1953—Month—1952 revenues $11,509,023 expenses 1953—3 Mos.—1952 equipment weighs only 160 2132. pounds.—V. 177, Pacific p. 8,856,453 7,436,875 taxes— 750,475 738,235 operating taxes— 818,013". 713,227 operating income $1,084,082 charges— 841,924 income 25,844,798 22,806,651 2,399,739 1,731,221 2,468,901 2,141,080 $3,359,635 $2,619,569 2,679,413 1,993,777 . p. on 2131. May & May 14 Friedman D. "as offered Co., (Canada)—Stock Of¬ Inc., a at the same price. of the net proceeds from the sale of the by the company to repay advances made by the North Canadian Oils Ltd., for general corporate purposes, including expenses incurred in connection with exploration and drilling of a test well. The balance of the net proceeds will be added to the general funds of the company for various corporate PROCEEDS—A will parent portion used be company, purposes. after —V. 177, $1,047,202 824,498 1682. p. for on May $262,500 of company underwriting. 177, 13 filed 10-year The letter a 2>/2% of notification debentures proceeds are to be to be added with at • "Ernest T. Weir," largest ore carrier ever built on With bulk freighter, 12th vessel in the the fleet operated the 111., is the of Calgary, Alberta and Turner acquire to an to up Nov. Gas Co.—Bids for Debentures— Natural expected 10 bids that will be received by (CDTi a.m. sinking June on subscribed by the Co. of Cleveland, is owned by the National Steel Corp. capacity of more than 20,000 tons at summer draft, the in capacity the 714-foot "Joseph H. Thompson," also operated by the Hanna Co.—V. 177, p. 2132. the company at Chicago, for the purchase from it of dated May 1, 1953 and due Oversubscribed—The Offering fering of 548,100 shares of Great 8 debentures fund 1973. 1, Stock Hanna a southeast miles 40 of east right details in 97% About of rights, a divided among principal company's stock new common 177, p. the shares holders underwriter (see 2011). were bought said. spokesman company of¬ over¬ was through exercise of stockholders' rights V. launched 690-foot A. the $40,000,000 recently at Lorain, Ohio, was built by the Ameri¬ can Ship Building Co. with propulsion and electrical equipment supplied by the General Electric Co. The miles 30 Northern National Steel Corp.—New Ore Carrier Built— and about Valley field. The company has undivided one-half interest in North Canadian's rights in the acreage, and it has agreed to drill a test well in its exploration for oil and gas.—V. 177, p. 1582. It corporation on May 14 filed a registration statement with covering 200.000 shares of its capital stock.—V. 176, p. 1675. The was acquiring, of working 45. p. corporation purpose located and about the offered to Nation-Wide Securities Co., In^;., N. Y.—Registers Securities and Exchange Commission— Lakes formed by North Canadian Oils exploring and developing a 50% properties consisting of some 19,840 acres in the Arrowwood the obtained The . BUSINESS—The Ltd. interest in Multnomah Plywood Corp., Portland, Ore.—Files— is Blyth Inc.—V. Co., & holders by under primary The rest of the stock will be oversubscription privileges. The exercised who 177, p. 2132. rated even surpasses Northwest The Inc.—Four Airlines, Stockholders on May elected 18 New four expanding the membership of the board from Naval Officers Realty Corp., San Francisco, Calif.— The corporation per share on shares under May 18 filed of common recission offer, a letter of notification with the SEC stock (no par) to be without underwriting.. The company operates income producing real estate. a offered The new Products Files With Securities and Exchange Commission— covering 7,162 SEC Exploration, Ltd. of New York, on speculation" 1,375,000 shares of capital stock (par 25 cents—Canadian) at $1 per share (in U. 3. funds), at retail in New York, pending further offer at wholesale by Aetna Securities Corp. (joint un¬ fered—L. stock $9,935,539 $34,073,073 $29,298,521 Other ship be with $185,846 185,632 $1.00 share p. (net> derwriter) With received by the company at 415 Clifford up to 10:30 a.m. (EST) on June 15 for the pur¬ $20,000,000 first mortgage bonds due June 15, 1953. intends to use the net proceeds from the sale of together *1952 $395,117 185,632 — — by Mountain States Telephone & Telegraph Co.—Earnings 28,466,927 1,729,418 bonds, (& Subs.) 1953 — income •After preferred 1953. Mich., it May 19 2132. .177, p. of group 10, offered The $1,928,883 these repay a of $41,367,351 1369. to and Texas, 78,801,603 May shares Period End. Mar. 31— SEC 1S53—3 Mos.—1952 $46,946,167 4 909 367 expected the 750,000 Co.„ 2,452,179 are to are capital.—V. 5,741,012 from at on share per proceeds 400,000 3,022,179 Detroit, at covering 52,867 tures.—V. M. chase be company's net oil 52,495,518 barrels, and the corporation covering Michigan Consolidated Gas Co^—Bids for BondsSt., snares of accounts head June to the Of account the will around shares the 1953, estimated were without 814.284 income charges and in California, 1, estimated par, 1,598,545 operating March SEC 1,757,554 p. of 100,000 Co.— 1,009,812 177, California in acreage 200,000 & Co taxes— after V. 177, area operating taxes?— Net — SEC & 9,690,001 income the the for Wyoming, The 100,000 11,067,667 Federal Oiher Net 1953—Month—1952 $15,763,916 $13,904,593 dividend proposal.—V filed 372,273 Roberts Michigan Bell Telephone Co.—Earnings— Peiiod End. Mar. 31— Operating located Net Co., Alstyne, Noel Si Co. Yarnall for Brothers shares of share. per offered Net 2131. p. the sale covering company _ Stokes Weeden Corp. 177, issued $400,000 & New & Poole, Schoellkopf, be Lehman offer the $1 offered be will California, of con¬ severally the Parke—. & —V. be have from Pollock Schmidt, 1,000,000 Brothers Crouter certain Inc. 750,000 to Co. (William S.) Moore, Inc., Newark, O.—Files With SEC bonds set forth below: E. will value par are shares from Oil statement company will have outstanding 1,113,695 shares of common stock. The company, whose principal executive offices are located in the Statler Center Office Building, Los Angeles, Calif., is engaged in the product'on and sale of oils and gas. Its principal producing properties • below purchase Wm. — DeHaven imposes ' the The stock, stockholders. which Jergins registration a shares 262,273 proceeds Federal — SEC common 110,000 to successor the the company will be applied to the reduction of the company's outstanding bank indebtedness in the amount of $3,333,300. After giving effect to a proposed spljt-up of the common stock on an 11-for-l basis upon the issue of additional indebtedness of the company under preferred stock may provisions of such stock. Aspden, Byrd but 457,500 shs. cumulative Baxter, Bear, Stearns The limitations ■ authorized respective principal Inc. 40,000 shs. open and shares ^UNDERWRITERS the an stockholders by under $6,702,505 North 500,000 shs. $150,000,000. ^Additional only is presently its underwriters reserves 20,000 shs. restrictions bonds. of registered, were 30,000 shs. value)— prior oe 4,200,000 __ par with 21 company and certain selling As ; (no th? company, May are series—.— stock ... This on 40,000 shs. series—— 3.80% Common Monterey Oil Co., Los Angeles, Calif.—Registers With Securities and Exchange Commission— and — .3.85% not granted . t295,000 shs. $100)— be approved State Electric stock into President of Standard Milling Co., Kansas City, Mo., a director, succeeding Frank M. Porter, President of Drilling Co., Oklahoma City, Okla., who resigned. Mr. Uhlmann returns to the Katy board to continue his service as a direc¬ tor, which began in December, 1938.—V. 177, p. 2131. 125,000 shs. . will will options stock deductions located elected producing $7,500,000 176, Noranda Oil Uhlmann, been however, date, no Balance Missouri-Kansas-Texas RR.—New Director— has to plan taxes- income "The 7,800,000 — credit that the on deductions Preferred A. 177, p. 1259. Paul in shares early payment option revenues Mr. -V. but 266,856 stock pfd. issued, White, President, stated that date with the Interstate issue and pay trie stock L. an outstanding—. income Gross $4,525,372 90,405 $409,956 117,302 deductions applicable 8,000,000 1983-—— under The common income Income Divs. per Operating $4,388,246 & after rev. Other $1,703,504 $22,225,480 $24,409,875 $1,509,199 income stock 1953—12 Mos.—1952 1953—Month—1952 income to 29, May fractional Honduras Rosario Mining Co. & New York 20,021,629 etc., be receive of character Period End. Mar. 31— 17,337,403 5,250,000 series L. at authority announced stock shares Operating income dtv.aend common will be made promptly after receiving ruling from. the Treasury Department that is not taxable to the recipient of a this decision a profit Capital $4,888,077 Net will shares would of payment stock. also New York Net $274,592 3,500,000 1980 series notes after 1,428,912 7,000,000 1, filed for and of of restricted $336,429 Int., share one as 1953. 1, White 1,172,770 4,500,000 ■ 1980 series due Dec. 3%% Prom, Outstanding — - shares revenues- Gross business cash, in declaration, be that and dividend July Mr. war. the $24,500,000 —_ 3% series approxi¬ bonds: due 3% 2%% of aggregated $35,was $6,637,686. PRESENT Authorized ♦First mortgage comprises company population a and produces also the by with revenues $7,905,395 GIVING It energy. served miles operating was ; CAPITALIZATION electric square stock deductions— rev. oper. of Commission Com. stock 10'% 1953. the will authorization ICC Oper. shares 1952. Territory 3,274 income gross 31, operates heating. about of area Dec. the of sale the wholly within the Commonwealth of engaged, principally in the business of generat¬ is distributing sells an and from proceeds otherwise thereof Commission dividend, a 19, May announcing Commerce Fain-Porter -PROCEEDS—Net rat? fractional No who value the application an motive modern bankruptcy & Co. and Drexel Kidder, Peabody 3Yss; for the Int. a of close require five more years to complete the Balance for bids at be held. holders subject to ruling, the at $27,- over bid of 100.6699%. Other record will shares 10 declared, 19 Department such value to be based upon the closing market price of the common stock on the New York Stock revenues Other Metropolitan Edison Co. — Bonds Offered — Halsey, Co. Inc. and associates on May 20 offered $8,- 100.5899 May on dividend paid Operating Net Stuart & 000,000 of first mortgage bonds, 3%% dividend. Treasury •Revised.—V. years, 2009. p. Period End. Mar. 31— Y.—V. N. 15, $2.68 * Mississippi Power & Light Co.—Earnings— *1)1 oe ma«e at i'he nanover Lank, 166, p. 951. raynmn ill re. York per $2.88 and Ciiereof, be Oper. called for redemption on June 19, next, 1,500 $3.25 participating preference stock at $60 per share dividends of 16 '/4c per share or a total of $60.16 vi accrued and $0.i8 stockholders of each will and supplies. in the equipment he stated that work stated the road's history highest in had spent, company improvements, on 177, the was due principally to higher costs of materials the Also, the ' that the but that MacNamara,* President, A. This ana said 1,800 has company 5,697,130 $0.83 share Pay 10% Stock Dividend— The lieu Sault Ste. Marie RR.—Gross f The 7,021,309 6,071,078 com. 1,001,000 3 Months Ended March 31— G. expenses costs 2,200 Textile Corp.—Partial Metal 2,680,054 1,071,659 directors 1953. any Record— a report, for revenue 7,000 Co 1952 annual 2,200 Co in 1903. p. womeldorff that, Commission the of calendar Revenue —V. —-V. views shares 94,501 the and agreed 2,810,799 7,473,295 preferred common for o,o94,500 669,477 1,358,952 1,732,147 per appiovai until & Co Wood & have days after the changes in the ownership by applicants of securities of MidSouth.—V. 177, p. 237. of each Woodard-Elwood & Co E. the holds group MidSouth They holding companies; 3,200 Co.—_— Si Raney of (13.19%). Minneapolis, St. Paul & ~4-~ 5,500 Stern Ripley & Co., Haniman, (30.48% j of the com¬ group 4C,„00 shares exemption application is granted, (a) they will notify the Commission of any proposed trans¬ action with, or on behalf of, MidSouth wherein any fee, commission, other remuneration, profit or special advantage would result to the applicants, and either to modify such proposed transaction in accord¬ The stock mon 2,200 Piper, Jaffray & HopwoodReinholdt & Gardner—Chas. public utility subsidiary, MidSouth Gas Co., from provisions of Holding Company Act; and the Commission has issued an order interested persons until June 5, 1953, to request a hearing the 6,251,500 676,242 2,027,165 income To 1953—4 Mos.—1952 $55,238,605 $53,196,097 accruals- oper. The giving 1,760,500 income— tax ry. ry. Net Exemption— their partners, officers and and Womeldorff & Lindsey and its partners (the Womeldorff group), both of Little Rock, Ark., have made application to the SEC lor exemption of such groups and ance 7,000 Smith, Reid & Co.— Goldman, Sachs & Co.— Other Net 1953—Month—1952 j $13,912,072 $12,298,340 taxes—i— income •Earns, Raney & Sons, Raney Bros. Inc., directors (constituting the Raney group), Jackson & Union Corp.—— Iowa of Fulton, S. — 2,200 7,000 Fir. t $0.48 share--——— U. income J. as 7,000 Co.— 4,500 1,800 4,500 2,200 7,000 (Inc.) 333,654 —— MidSouth Gas Co.—Hearing on T. end Company Webster, Paine, 3,200 — ——— Central Republic Co. Cruttenden & Co ■— Gross •After 3,200 & Turben Ohio The Co., . '229,855 101,345 33j,6o4 $0.30 < —_ — outstanding Earnings per common —V. 177, p. 1840. 7,000 Pierce, Fen- Beane———~— & ner Merrill, 7,000 Blyth & Co., Inc.— 1,800 1,800 Co——— Merrill Lynch, Becker & O. & Loewi Eichler & Co.—1,800 Co., Inc.— 5,500 Blair & Co. 3,200 Bateman, A. 5,500 Hutton & Co E. W. 1,800 Huey Co A. Kalman & Company, Inc. Kirkpatrick-Pettis Co.—Lehman Brothers 1,800 Co Baird & Co., Inc. Robert W. L. 5,500 Weeks & Hornblower Corp. . Shaies thereon. Shares Shares Webster Securities Stone <fc Net * . their have severally the respective num¬ below named underwriters UNDERWRITERS—The agreed • Gross 1953, each share of common •Effective April 28, $821,616 revenues $1,088,241 income-._-.-aj——it—.' 357,496 ' / prdiit alter taxes 160,634 Gross $3,000,000 1,290,000 shs. t$3,000,000 value)——— 1,400,000 shs, ' Chicago & St. Louis RR.—Earnings— Period End. Apr. 30— 1952 1953 3 Months Ended March 31— July 1, due each $200,000 note, 33/4% New York, Michigan Gas Utlities Co.—Earnings— Outstanding Authorized Monday, May 25, 1953 ... at $25 directors Leo are: G. Jacques, Directors— new directors, 11 to 15. President of the thereby „ Motor President of the General Public Utilities Corp., New York City; Albert G. Weatherhead, Jr., President of The Weatherhead Co., Cleveland; and Wheelock Whitney, director Co., Corp and of Detroit; member of Albert the F. Tegen, executive committee of Truax-Traer Coal Chicago. Harold R. Harris, President, told stockholders that the company's Volume 177 previously been Number 5223 unfavorable reversed, operating period, with trend in the for figures the increasing more operating revenues said, responding period of while 1952, ratio of first costs quarter income to 1953 of than expenses. increased 14.69% over operating costs increased principal by For the cor¬ 6.77%. Halsey, Boston A. $1,208,500, in 1352, the income experienced company tax adjustment of loss net a Adams of $1,135,000. C. Peck— & Allyn & Co., To Be Known This west Orient Airlines" announced lines, and the from airline the and the to the 1 of name routes Hawaii, it clearly iden¬ more Japan, routes extend Formosa, Korea, Ball, China, Barret, company has applied for an exten¬ Southeast Asia, including Hong Kong J. Parker of and Calcutta. its The trunkline into / company Sept. 1, name 1926 in and The first was Northwest Passage. system Laurence incorporated 1934 defined changed the to extend its routes to routes Civil Aeronautics to Alaska "Northwest Airways" on "Northwest Airlines, Inc." The that at Board time—over granted the and as North Co. Masten the Northwest Orient in 1946.—V. 150,000 Moore, 700,000 Mullaney, Bioren & Northwest William certificate a Co.——_ Eosworth, 1904. 177, p. Blair Co., J. Bradford C. Pacific Airmotive Corp.—Plans Stock Increase— the shareholders Articles capital of to have Incorporation to issue asked to providing shares. 3,000,000 authorized been At 1,000,000 approve for the increase an present shares, time which of the 650,000 Burns The directors stockholders told were that authorization tunity •—V. arise of the for 177, p. the April 29. on specific no templated to issue the additional shares the Lee plan is that the but to improve presently C. con¬ should its an capital & Carroll & oppor¬ Securities Richard 1840. W. Clarke Corp. Julien Boston Corp. and Halsey, Stuart & Co. Inc. and asso¬ May 20 offered $65,000,000 of 4% first and re¬ funding mortgage bonds, series V, due June 1, 1984, at ciates and accrued interest. Award of by the group at competitive sale bid of the books 100.9099%. The offering the issue May 19 on Co— & K. other bid also The bonus the issue received was from Blyth & Co., at prices ranging from 105V2% plus accrued interest. PROCEEDS—Net to the Inc.. company's to funds treasury the sale be to of used the bonds retire to will Dick par, R. be & Dickson S. & bank Drew Equitable It rural of certain San 46 distributes and Oakland. interconnected counties distributes and sells water in 17 cities ateas, and produces and sells steam Francisco is system into also the of electric and The northern in energy company's supplies central parts of incorporated 156 cities and 225 company's towns parts - extending California. towns, It about unincorporated communit'es and the Este transmission systems Gas is distributed in corporated electric distribution is Revenues number a distributed. also from sales 65.5% of gross revenues, of overall income.- to 34% of rural Gas 100,000 150,000 Schmidt, & Parke Schoellkopf, " of electric last energy income from year accounted sales gas GIVING EFFECT TO PRESENT amounted FINANCING & ref. and Ser. I 3 V2 % Ser. J 3% mortgage bonds bonds bonds due due June Outstanding 1970__ 18,669,000 Ser. K 3% bonds due June 1, 1971__, L 3% bonds due 1, 1974— 109,548,000 3%- M bonds June due Dec. 1, 1979— N 3% bonds due Dec. 1, 1977— O 3% bonds 1, 1975— Ser. P 2%% Ser. Q 2%% Ser. R 314% Ser. S Ser. 3% bonds due June 1, bonds due Dec. 1, 1980 bonds due June 1, 1982 bonds due June bonds due 3%% bonds due V Ser. 4% first 6% preferred first first reedemable 5% preferred redeem, 4.80% fied first in Common *In series pfd. A, stk., the of counsel from additional 1,500,000 shs. 1,500,000 shs. for time shares for 20,000,000 shs. the to 5% of issue the company, time of redeemable in 1954 such company to first of V. OF 700,000 & ; 100,000 500,000 Co.ul & _ 150,000 Co, 400,000 Lane, Space, 150,000 Inc Lemon & & 125,000 Co.— Joyce & 177, p. 100,000 Co.— & Co 150,000 — under be first operating Miscellaneous Gross of York.—V. New 177, Net other income income transferred deductions-. to 458,394 expenses-. income taxes * surplus Net operating after Net —V. Earnings per common ■"Represents stock May except 1, would 306,680 1952. shares Dividends increase total for on shares 12 outstanding of this dividends the 5% stock for on 13,059,895 full the period ended 1, issued 1951, Nov. lor 86,014 except Aug. dividends 1, shares and 1,503,000 1951. 12 of months the shares Dividends on 5% of on all redeemable, the 5% issued Above this 1953. 31, V. this stock for series the full preferred by in $330,420. 14,442 deductions from income $309,960 1,213 $322,400 __i__ 1,654 — 59,831 income 40,778 .$260,915 $267,969 $271,000 — Federal the $278,835 — taxes ; or Pepsi-Cola tonic mix 100,000 portation of try Water May at on 21 ever to be bottled Lon^ the company's distributed be in O'Conneil, subsidiary the New world-famous the Britain, Great from imported York area at new gin and popular possible by the elimination of huge overseas trans¬ "We will expand the production and distribution made costs, Schweppes beverages to other metropolitan areas as soon as time permits," Mr. O'Connell said. across the count- concluded between Schweppes Ltd, of London and Pepsi-Cola Co., Schweppes Quinine Water and Schweppes Club Soda will be bottled and distributed by Pepsi-Cola Co. and its franchised bottlers in North and South Amer¬ ica. Schweppes will do the same for Pepsi-Cola in England. Under arrangement franchise a recently' CONSOLIDATED STATEMENT OF EARNINGS 3 Months Ended March 31— 100,000 100,000 —*— began Co. will price levels 700,000 Quinine Schweppes N. Formerly . first HemisDhere Y., plant, it was announced by Emmett R. Metropolitan Bottling Co., Inc., wholly-owned City, President of the of Western ' 100,000 150,000 Neal & Waggoner 5,433,577 4,439,859 Profit Provision (est.)- income for taxes income belore taxes— —- 1953 $1,385,000 790,000 1952 $535,000 360,000 $595,000 $0.10 $175,000 $0.03 175,000 Co. Inc. 125,000 Net (est.) profit — share—-— common per 177, — 2012. p. Perfect-Line 15,703,987 12,510,971 be after and 15,163,849 11,917,519 per p. of after the deprec. results share in the $587,000 82,000 & $305,000 $505,000 estimated $0.46 $0.28 depletion by this corporation, profits of its includes subsidiary.— 1197. A, issued preferred period out¬ Oil and Co., New York, shares cf common on stock which The net 2133, are to go May 21 headed an underwriting group $30,000,000 of new first and refunding offered May on 20 on a bid of 101.8799, v. as oversubscribed and the books closed. There also were other four bids, all for 37/8S, viz.: Halsey, Stuart Co. Inc., 101.81; White, Weld & Co., 101.779.9; Kuhn, Loeb & Co 101.776; and Morgan Stanley & Co. and'Drexel & Co. (jo.ntly), 101.6;>9. Optional redemption prices for the new bonds start at 105.60%, It redeemed during the 12 months ending April 30, 1954, decreasing to the principal amount after April 30; 1982. PROCEEDS—Sale also involved stock and the sidiaries To selling stockholders.—V. 177, of the bonds public sale stock. is part of a financing program 11 tat of 150,000 shares of new 4.68% prefene l employees of 100,000 shares of The combined proceeds will be applied toward the future sale to company company's construction program and a portion will be of short-term loans incurred for construction. used $20,000,000* meet 000,000 the the common May 18 offered publicly 160,000 (par 10 cents) at 45 cents per to certain Offered—The First Co.—Bonds Electric on competitive sale around proceeds Corp. mortgage bonds, 3%% series due May 1, 1983. The bonds are priced at 102.60% plus accrued interest to yield 3.73% to maturity. The issue, which was awarded at to retire share. p. , lighting Philadelphia Offered—Burnham Corp.—Stock expansion. and Boston new Stendel for company & — obtained (N. Y.)—Files— 6 May 011 manufactures ventilating equipment, specialty wiring equinment. Alfred Robbins, 83-06 Victor Ave., Elmhurst L. I., N. Y., is President. $1.18 $383,000 78,000 . share, estimate 1952 1,178,693 & — depletion--,— used devices . $1.16 depreciation — corporation's 177, before taxes, corporation The 949,983 ——— — Manufacturing Corp. filed a letter of notification with the SEC covering 180,000 shares of common stock ( par 10 cents) to be offered at $1.50 per share, without underwriting. The proceeds are to The 1953—3 Mos.—1952 $ $ 1953 *— — —— Palmer standing would increase total dividends for the period ended March 31, 1952 : income Earnings - redeemable 295,518 Pepsi-Cola Co.—Starts Schweppes Output— 125'909 700,000 , $ 5,472,576 4,511,170 income price income, Net outstanding outstanding $465,174, 288,854 t 177, p. 1197. cost of tRepresents $499,309 - Income Island ■ charges Depreciation $2.31 March $760,692 363,860 101,314. income.- charges Production 43,308,045 137,222,331 127,474,469 30,284,711 99,184,722 90,494,820 3,927,000 10,996,000 10,668,000 3,662,757 11,337,622 11,147,800 3,785,995 depletion preferred preferred period Net 11,356,419 outstanding redeemable for the all $788,163 355,278 144,031 ———— 33,546 income <"Includes 2011. p. Quarter Ended March 31— of metallic tin sold— 3,565,160 $2.62 months 1,180,513 operations — Co.—Definitive Bonds— Pounds by $63,832. stock Net 100,000 Pacific Tin Consolidated Corp.—Earnings— <15,625,987 113,878,429 26,119,790 22,712,839 share— dividends . 177, p. 1682. 16,585,892 8,080,234 common railway operating fixed —V. 40,156,428 — from Miscellaneous & • Average Balance 1952 $1,941,205 income Total 150,000 125,000 125,000 100,000 — F. S. Yantis & Yarnall & Co Earnings— 1953 tax. accruals—.. and joint facility rents railway Total & Noel — $4,312,198 $17,508,065 $17,252,369 1,139,586 Total Net 100,000 100,000 125,000 — — Inc. Wyatt, 1953—4 Mos.—1952 1953—Month—1952 1582. revenue Other Wagenseller & Durst, / Inc. ——— 100,000 G. H. Walker & Co 800,000 Webster & Gibson 100,000 Weeden & Co. Inc.-— 1,300,000 Wertheim & Co 1,600,000 C. N. White & Co._ 100,000 Arthur L. Wright & Co., 3,903.000 taxes operating Federal Other 262,066 16,641,193 Dividends paid on preferred stock———i Dividends paid on common stock Average number of Co. 47,161,735 34,000,164 revenues Operating 56,742.320 49,826,061 —. surplus—1—__ 2,661,300 2,949,744 period™ expenses •■Railway 175,000 500,000 Corp.— American Tyson Alstyne, $ Operating 56,480,254 66,467,254 —. — the for $1,927,749 Net —— 1953—Month—1952 $ 66,008,860 stocks 1905. p. Equipment 3%% series due 1982, may now outstanding temporary bonds at Guaranty Trust Period End. Mar. 31--- 258,603,192 2j6,576,281 —_ income income Interest and revenues 5,561,622 5,008,020 $13,645,912 $13,034,061 125,000 250,000 100,000 700,000 Pacific Telephone & Telegraph Co.—Earnings- . 1952 $ Net pfd. bonds, mortgage exchanged for the Co. 324,612,052 293,056,535 . 445,218 $1,248,565 $4,320,604 177, Earnings Pacific Power & Light install¬ 1953 taxes — to p. Operating 2011. ' and expenses — Peoria & Eastern Ry.—Quarterly Co., Van — Inc.—i'*.— Definitive stock, EARNINGS operating revenues Operating 376,784 $1,252,132 $18,653,932 $18,595,683 Three Months Ended March 31— ' STATEMENT 143,707 18,182 $1,693,783 — Lombardo, Inc. Sweney, Cartwright Co. Swiss 177, —V. fit. agreements. COMPARATIVE J. Kaiser in¬ deems preferred employees 198,477 81,901 $1,628,916 —— directors further it as $18,451,970 Or. J- S. Strauss & Co.— 200,000 Stroud & Company, Inc. 1,000,000 Stubbs, Smith, & ' 150,000 Corp. Jones H. John 13,627,798 shs. board authorize the $18,455,455 deductions & applic. None 12 Months Ended March 31— Gross 100,000 250,000 125,000 100,000 175,000 Talmadge & Co.—— Thomas & Co.— Townsend, Dabney <fc Son & Bond Co.; Johnston, T. - — indebtedness reserved were purchase and 4 Co.— Applegate Hutton & F. Share §1,586,014 shs. 8,158,495 shs. — & Co.— & ! Johnson, — may bonded 2,806,680 sns. (unclassi¬ — $25) 400,000 shs. 1,750,000 shs. A stock Co.— Co & Indianapolis 1,173,163 shs. 400,000 shs. 2,806,680 shs. series —• & Hilliard Humphrey, E. 1,173,163 shs. $1,675,601 Peoples Drug Stores, Inc.—April Sales Higher— —V. Co & — 100,000 500,000 400,000 400,000 — Bruce B. Taylor 175,000 & Co Hentz J. Hirsch 4,211,662 shs. __ 100.000 100.000 Miller Hulme, 4,211,662 shs. preferred stock, (par opinion of §139,424 ment pfd. , $25): stock H. J. 65,000,000 (par Co— Talbot— & and Haupt & Co Heller, ■ 51,000,000 pfd. first company creases 1985 1984__ stock series) stock the the first reedem, Redeem, 1, 1, stock— first Ira 77,475,000 Dec. 250.000 Havden, 75,249,000 1976 * 125,000 And'erson Harrison 70,000,000 1983—. Inc.'—— • 67,434,000 stock— preferred 5% 5% ' 250,000 —— Co., Hannaford 24,088,000 . 1, stock preferred • June bonds due June first 514% 1, * Strader, Inc- Ellis & Hanauer B. J. 10,550,000 1981 U Ser. of Dec. 214% T Cum. - due Walter Stokes & 100.000 - & * 48,182,000 Ser. 67,153,280 $1,547,015 Sales 1,500,000 —— 150.000 Sons_ & Marache & Son, Inc.— 700,000 Hallgarten & Co,—— 1,500,000 77,975,000 Ser. 69,975,917 Period End. April 30— 100,000 Gregory „ 23,839,000 Ser. Ser. -V. & — — Green, $927,000 1, Dec. 1966 $85,605,256 5,703,993 $10,696,168 $10,372,761 800,000 —— Garrett Granbery, Grande & $800,000,000 1, 1953—12 Mos.—1952 $7,379,594 $88,431,372 6,204,675 (net)___ income etc., Divs. 100,000 Hutton Inc. : 1,800,000 Co.__; Co.— Robert r Co. Authorized ■"First 175,000 ————. & Goodwyn & Olds—; CAPITALIZATION income Int., Roberts Scott, Horner & Mason, Inc. Chas. W. Scranton & Co. Seasongood & Mayer— Shaughnessy & Co. Inc. Shuman, Agnew & Co. Sills, Fairman & Harris, 100,000 Co. Poole, Pomeroy, 125,000 1,500,000 1,500,000 & — while $0.ES 177, p. 2011. 1953—Month—1952 $7,751,690 . revenues-- Net income - in most of which last year numbered areas, customers oper. Gross . communities and energy 1,147,924. for an extensive rural area. In 1952, system served 1,459,325 customers. 117 incorporated cities and towns, about 85 unin¬ electric share 175,000 & Co Estabrook central and & Corp. electric certain electric distribution and in Other 400,000 — Inc. — Singer, Deane & , Scribner \ Fa hey, Clark & Co 200,000 Smith, Moore & Co Farwell, Chapman & Co. 150,000 F- S. Smithers & Co Fauset, Steele & Co._ 100,000 Starkweather &. Co. — Ferris & Co.— —: 400,000 Stern Brothers & Co.— First of Iowa Corp.—100,000 stern. Frank, Meyer & First of Michigan Corp. 400.000 Fox —* Folger, Nolan Inn 200,000 Sterne, Agee &-Leach— Foster & Marshall— 150,000 Stetson Securities Corp, Freeman & Co.— 175,000 Stifel, Nicolaus & Co., M. M. Freeman & Co., »'/ Inc. — — Inc. 100,000 Stix & Co .— Leonard A. Frisbie Co. 100,000 Stokes & Co.— ' and 643,720 outstanding common 125,000 — Securities program. California. 150,000 900,000 100,000 500,000 — Co., construction and $403,983 708,050 $0.56 per After preferred dividend requirements.—V. Net Rodman & Linn! Co._ & Deetjen furnishing $441,600 shares Period End. Mar. 31— L. F. Rothschild & Co. 1,500,000 Salomon Bros. & Hntzler l.ROn.nno R. C. Schmertz & Co 100,000 —„400,000 H. Emanuel, northern $569,970 165,987 profit 100,000 250,000 Drexel in 158,241 Kerner 100.000 —_ in the amount of $41,000,000, incurred in connection with the company's construction program, and in the financing of a part of the BUSINESS—Company is engaged principally gas service throughout a large sector of $599,841 ____ 100,000 Merle-Smith— & .-Charles loans and 1952 taxes taxes Operating revenues Oper. exps. and taxes. 150,000 Julius A. Rippel, Inc & Townsend, Bodine—1_ & Inc. added short-term 1953 income for Pennsylvania Power & Light Co.—Earnings— 700,000 400,000 . Riter & Co „—— Day & Co Haven Crouter .. from proceeds L. ". De . redeemable <■ Co., The Robinson-Humphrey Co.; Inc. Co,—— Co.— 4s. will be & Davis, Skaggs & Co._ Shelby Cullom Davis and * for for $ 274,802,174 100,000 700,000 Inc.-1. Net 100,000 & $ 290,006,603 income before "■"Earnings Co & $ 85,605,789 ' 1 R. One 100.38, Pollock E. 1953—4 Mos.—1952 1953—Month—1952 1682. p. Common 100,000 500,000 — Cunningham Co., 100,000 —— Reynolds & Co . 250,000 Co Davies its on oversubscribed was Co._ & S. was closed. Collins & Courts Inc. 177, Provision 400,000 Reinholdt & Gardner 175,000 —. 1959. p. Penney Co.—April Sales Decreased— 82,699,199 •Profit & . Inc.—1,300,000 Burr, Co.— Cooley on 101.78% won & & $0.9T $0.48 outstanding.—V. 175, Pennsylvania Glass Sand Corp. (& Subs.)—Earnings- 100,000 Rambo, Close & Inc. Rand & Co.— 150,000 Cohli , share common 228,228 shares presently Three Months Ended March 31— Co. Co. 100,000 Coffin Electric Co.—Bonds Offered—The First & Inc. ——— 175,000 Corp Clayton Securities Corp. Pacific Gas & O'Connell Putnam 100,000 per on $237,860 175,000 Raffensperger,. Hughes & Winslow, Inc City structure. —V. 700,000 Wm. West 598,600 ; $ 100,000 150,000 100,000 Whiteside, Co._ & B. W. Pizzini & Co., Inc. 125,000 166,600 $126,781 Sales 250,000 125,000 Inc. income on 175,000 Co. Writer & Christensen, Inc. Co.— Co., $844,828 8,368 19,688 based Period End. April 30— Peters, 175,000 ,- & Cassell & Loeb Kendall, Denton, Brothers—. W. F. & The Ohio Company Roger S. Palmer Co Patterson, Copeland 125,000 —— Chace, directors felt that 3,000,000 shares is desirable corporation Bros. Byrd the proposal approved 100,000 Co.— Inc. standing. The & Wells Inc. 800,000 — Burnham out¬ now 250,000 Co. Sons_— & Inc. is company are Co.— & Leonard & Lynch Homer Brush, Slocumb & Co. to authorized of £rown Alex. . amendment an & Broome taxes income (J. C.) 100,000 400,000 Corp. 125,000 25,958 $313,069 for ■"Earnings & Newhard, Cook & Co,— New York Hanseatic 400,000 & credits charge—intarest ■"Based Milwaukee Co Newburger, 100,000 Co.— Inc.— Stockton The & Sullivan $835,020 9,808 $287,111 . 150,000 ;L Co— 1,800,000 638,584 exps. i Weir Hutchinson Co The Stearns & Co.— administrative 400,000 McMaster . and operations. income Net Co & Young, from Provision & Inc. & E. 2,837,645 warehouse, Income 125,000 100,000 Marks 1952 $4,939,018 3,525,662 578,336 sold Total 125,000 Co. Coe M. McLeod, 400,000 .i— & & 1953 $3,763,340 goods Profit Other 900,000 A. 200,000 100,000 Bear, 1,300,000 Co. 400,000 Kraus— Leeds • 100,000 & 300,000 Bartow, < of Selling, 125,000 Lundborg Baxter, Williams & Co._ sion Cost 100,000 Co Lomasney & Co.— Mackall & * Co. & & A. Irving 100,000 ——T_— Fitch, Barth Co & Langley & Co Levy & 100,000 Co. The D. - (& Subs.)—Earnings- sales Lawson, C. Williams Watts & Burge Kidder 1,300,000 Co Auchincloss, Baker, is to Northwest's serves. Alaska, Philippines. said, Co., Kormendi W. Robinson & Co. and M. John 100,000 Redpath Harris 500,000 A. . 125,000 Atwill $150,000 1,500,000 Inc.—r_< Aspden, Inc S. Bleichroeder, Parkersburg Rig & Reel Co. Net & Inc._ Arthurs, Lestrange & Co. "North¬ materials. change, Mr. with York New Okinawa the effective immediately, promotional for reason under 18. May but the Inc., The services Harold R. Harris, President, The corporate name remains Northwest Air¬ name "Northwest Orient Airlines" will be used in on advertising tify Northwest Orient Airlines— as corporation will conduct its and purchased Three Months Ended March 31— Corp.— Securities Amer. Arnhold respective be to Kean, Taylor & Co . 100,000 the and severally Kalman „ 175,000 / purchasers bonds below: Corp._$4,150,000 Allison-Williams.. Co.— quarter after an the V table Stuart & Co. Inc. 4,150,000 In same series the In Results of the 1953 first quarter showed a seasonal loss for the three months of $687,600, after an income tax adjustment of $744,900. the of names the forth set are First The of amounts each 7 (2251) UNDERWRITERS—The had showing this rapidly revenues he The Commercial and Financial Chronicle ... demands for service the company and its construction expenditures estimated at $385,period 1953-1958. It is planned to spend in 1953. Of the total expenditures estimated for increasing are fcr planning the six-year $73,-000,000 the six-year period, and $44,000,000 for approximately $319,000,000 is for electric gas facilities. facilities 8 The Commercial and Financial Chronicle... (2252) electric service in Philadelphia in five counties in Southeastern Pennsylvania near Philadelphia. Consolidated operating revenues for the 12 months ended Feb. 2a. 1953 were $177,344,832. Gross income BUSINESS—The underwriters named below have severally agreed, PURCHASERS—The on The First Lehman 3,250,000 L. F. Rothschild F. S. Baker, Moseley & Co.—— 1,500,000 Shields F. & Pacific Northwest Co— Smith, Moore & Co.—— 750,000 Co.— details further See & 250,000 750,000 Co. Smithers S. Yarnall & Co McJunkin, 200,000 150,000 100,000 1,000,000 Co.——_ & Hirsch & Co.. & Watts & Co Farwell, Chapman & Co. 3,250,000 Co.. 2,750,000 Co Whipple Bacon, Paul H. Davis & Co The Illinois Co 3,250,000 Brothers Wertheim & $750,000 500,000 500,000 400,000 250,000 250,000 Stern Brothers & Co Corp._$6,900,000 Boston Eastman, Dillon & Co.__ Goldman, Sachs & Co... 3,250,000 in 177, V. Net —V. Patton & Co. Earnings before taxes Federal and Federal excess - - Selling, Other 56,354 559,155 451,500 income State for Fed. & State Prov. prolits taxes inc. & excess profit $526,527 , share per 177, of depreciation tExclusive sales. inter-company of taxes— 7,733,000 2,016,000 be $2,341,000 93,750 Preferred dividend $3,307,250 3,525,372 requirements— — Earnings balance for common shares— Number of shares common Earnings per common share —V. .— $0.64 $0.94 —— Net shares its to appointed trustee, warrant agent and subscription agent of the Phillips Petroleum Co. in connection with the issuance of the convertible debentures. —V. 177, 1951 $45,451,392 $52,412,093 $50,516,175 4,926,616 5,478,679 6,332,899 1,952,971 2,106,774 3,131,606 ——— — taxes. i— before Provision Income income for 1952 1953 taxes.. profit Dividends shares Earnings "Includes outstanding 1,618,686 1,616,474 2,158,249 $1.56 2,155,299 $1.49 $1.37 share— common per 1,625,437 2,167,249 — — Common operating $3,201,293 $3,371,905 $2,973,645 —— 177, p. 877. royalties.—V. rentals and revenues, . The company covering bonds and units on $20,000 of May 13 filed a letter of notification with the of five-year 6% unsecured registered debenture shares 100 $400 a of stock ( share of common bond and one without underwriting. The proceeds The Net $100) par stock at offered be to $500 unit, per to be used for working capital. are profit after ' v Frank Corp.—V. That sales lar with the SEC in the - — share——————~ common • , 802,131 539 253 $1.49 Property acquisition and > : V" - Chicago, III.—Expansion— had Co. (& working Revere force employs now employed 1,800, year one the A. last Sales $8,647,000 before income Provision for Net B two 654,416 an increase 362,843 "Earnings "After class per $1.50 per estimated quarter ing an addition the to and camera stock A participation the 174, which represents close more than slightly 1791. p. a - The at 929 on May company (EDT) a.m. $10,000,000 lirst E St., 25 mortgage N. W., receive bonds Rights to Subscribe Washington bids due for June the 1, to demand for that even the "fortunate to catch up Pen for Fed. profit plans company May 27 the tiohal right shares to of to subscribe to on stock common its or stockholders common before 10 June $10) (par the on for of record 852,840 basis of addl- one Period End. Mar. 31— Operating Oper. Net $12,630,345 $11,873,850 $48,657,896 $44,395,070 10,036.297 9,430,496 39,320,835 revenues— $2,594,048 $2,443,354 $9,337,061 Cr75.758 35,886 Crl3,502 Cr24,826 Crl2,516 Cr53,142 Gross — deduct, (net) income $2,580,546 _ charges Pfd. .. Income stock Earns, —V. per $9,248,787 $8,301,871 675,705 3,054,363 2,596,023 ' . . ' . $1,742,823 101,250 101,250 share— $0.39 $0.38 serving capacity, sales $6,194,424 $5,705,848 405.000 405,000 $1.36 1,335,300 $0.54 income $4,341,665 $4,270,654 $4,932,410 "167,970 *156 750 11,700 Cr2,936 Crl 389 taxes 177 Cr286 *$164,748 *$155,284 has will member President of announced retain his the end of $0.10 period "Loss.—V. 176, p. *$0.27 *$0 26 $12,C4 .$12.54 ""$13.52 $5,104,521 $4,895,992 $5,364,663 — 1966. company's May 15. introduction post as and Canada, of the new as - fiscal new result a Snorkel pen, ' Snorkel fountain pen manufacturing Ltd., facilities located now at of the Malton, W. A. Ontario," President of the parent companv. He said month and that the plant is expected to b« II, one-story office brick and corrugated asbestos factory and a building. The plant will provide approximately manufacturing and storage space.—V. 177, f Electronics Television & With Corp.—Files Exchange Commission— on 10,000 the market corporation each) be board This advisor from to to the 177, mill & 416 V. and made has line. 174, notification with the 721. p. for arrangements mill in to Dalton, Mills Barwick Lafayette, in production, sufficient date land p< Barwick the of the use Ga., where the company has concentrated) having available productive equipment in needs of will introduce which the Alexander its Smith. line cottons company's on new of selling agreement 177, p. 2134. terminates.—V. Sons carpetmaking Ga., to produce Smith's recenly completed a new has thus the Smith Alexander board of Carpets— corporation carpet the letter a units Smith, Inc.—To Introduce Own Line of broadloom its filed 14 of co-ownership (in denomination of without underwriting. The proceeds are title to apartment house and to pay certain of acquire etc.—V. facilities the 1063. p. offered, be cotton corporation, directors and in of 176, May on $35,000 to used with on C. June H. 1, Mas•; company. Period End. Apr. Inc.—Sales—Earnings— Gross 1953—Month—1952 $1,688,301 1953—4 Mos.—1952 $1,610,937 -. • $5,677,375 May on 1953—Month—1952 $624,337 $566,776 386,967 353,707 30— earnings- "Expenses $5,384,074 1953—7 Mos.—1952 $4,415,859 $3,963,524 2,730,045 2,445,766 Taxes 18 applied to the California P. U. Commission 118,686 857,318 100,170 91.141 661,193 637,986 Surplus Financing— 120,905 Dividends / $16,295 $3,242 $167,303 $13,079 "Including stock. stock three will basis. be offered shares Any interest and • Proceeds will be used to will over ' reimburse the treasury record be June offered 9 to on a depreciation.—V. ;12 Months Ended April 30— and Gross - revenue Operating retire $5,600,000 of promissory notes and to for construction expenses.—V; 177, p. 984. 177, held on 196,079 shares of this company's Provision expires stock by 866,693 1842. p. for The group holds a similar option at $1.70 per share which on Nov. 7, 1954. On Nov. 7, 1951, members of the-group pur¬ 400,000 shares of Schulte stock.—V. 176, p. 2066. Net $9,407,127 $8,932,086 364,933 472,955 185,653 309,623 163,332 taxes,- S. Net sales Canadian and „ taxes—. income Earnings per share of —V. 177, p. common profits stock $0.33 on — 1,044,000 86.400 \ taxes——_— 1,902,468 168;115 150,030 $2,378,183 $2,172,167 — ____ 427,500 427,518 1,644 Cr25,134 — A 1,643 2,982 $1,974,174 $1,740,024 —^ and shares per 177, p. t expense — — 412,296 412,296 1— stock—_— - — Earnings 86.40A 967,037 2,190,715 i preferred Common —V. 1,114,400 , 981,212 long-term debt— of debt disc., prem. on Balance $0.36 . 5,405,293 deductions income 1952 $12,805,145 $11,727,394 — income Amortization 1952 179,280 net excess Dividends 1953 1953 -— taxes Other ' adjustment— plant acquisition Income Interest Seiberling Rubber Co.—Earnings— before depreciation—_—: of taxes Gross Co.—Earnings— 5,886,119 Federal a stockholders,^ officers and employees have been exercised at share, it was announced on May 18 by N. C. Earl, Jr., Consolidated "•< u—--— Federal President. chased Electric expenses General Schulte, Inc.—Stock Options Exercised— options of per - & * Gas one-for- employees •; • Amortization $1.60 Indiana Southern holders of to left officers. U. the is the Southern Canada Power Co., Ltd.—Earnings Higher— Profit Working capital end of period at Cotton this of retirement his . next (Alexander) Inc.—Harris Retires— year Quarter Ended March 31— share per company The Cr77 $58,933 earnings.. Quojector and authority to raise $12,000,000 by issuing and selling 800,000 shares group Mar. 29, '52 a brick covering $500 for working capital. television and radio shows. 1683. p. common The Dec. 31, '52 Cleve¬ covering Small Investors Real Estate Plan, Inc.—Files— $124 * 70,810 —c : _____ before value ' (& Subs.)—Earnings— Apr.4, '53 Mills Corp. allocable to minor, int. Eook 1,336,800 , last a _ 177, The for patents the first two months of the well ahead of those a year ago. offices of corporation The SEC 2438. p. (D. A.) Prov. for Fed. and State inc. taxes_ Portion of net earns, of Gosnold Earnings 176, He as Sales 1905 and 2012. Powdrell & Alexander, Inc. Net '■ dividends— com. 3 Months Ended— Profit - $1,771,305 177, pp. Net $721,203 San Diego Gas & Electric Co.—Plans $2,418,528 809,241 _„ r Net until been advisory of two during the first two quarters. begin covering Dalton directors. $8,319,127 adjustments Interest 1,762,400 $838,427 to Harris, of —V. under a patent covering the trademark-"Selevison." "Subscribe-Vision."—V. of 36,075,943 oper. Other inc., 1,960,700 $0.63 outstanding-. share Period End. April 30— deductions— licensee May 13 filed a letter of notification with the shares of common stock (par 10 cents) to be (about $2 to 2.37,/& per share) through Wright, Wood & Co., Philadelphia, Pa. The net proceeds to the company ($1.90 per share) are to be used to carry on the public demonstration new 1953—12 Mos.—1952 vegetable crops. It Washington, D; C.; Philadelphia and in of the the carpet EARNINGS 1953—3 Mos.—1952 revenues rev. OF necessary arrange¬ offices in operation and the latter part of this year. plant, to be designed and constructed by the Austin Com¬ a 24-acre plot adjoining the Canadian National RR.,- will of The 1952 - Rose's 5-10 & 25-Cent Stores, STATEMENT the auction citrus 2,483,603 profits taxes— excess Ronson Art Metal Works, —V. bids and auctions, simi¬ by on SEC The corporation 011 May 12 filed a letter of notification with the 8EC covering 149,000 shares of common stock (par 10 cents), to be offered at $2 per share through Mortimer B. Burnside & Co,, Inc., New York. has offerings, new expenses, share for each five shares held. COMPARATIVE said Co. Skiatron 1905. 177, p. who making Florida demand for the President, said on Securities and $12,557,920 common Alexander to Common Stock— offer 1953 2,819,127 - per an The & income shares to of be to all of multimarket quotations. and 50,000 square feet of office, p. 1371. with dealers' back orders in six months." The net proceeds are to be used The company produces package 4, D. C. will up purchase from it will company during Shaeffer would one-story of first taxes income Earnings 1988.- and sales A. consist the major producters of other enter the three-dimensional camera market. the stereo equipment is already so great, Mr. with its expanded production facilities Revere is in W. pany line $15,559,864 —V. quotations multi-market the sole running accommodate The policy. It was the first still camera ever which has heretofore made only movie cameras Revere Common Potomac Electric Power Co.—Bids for Bonds— 11 the by August, and the heavy demand for this new messproof pen the remainder of the fiscal year ended Feb. 28, largely offset completed in January of the Stere® departure from the company's es¬ product marked firm, equipment said, before Prov. Is continuing Sheaffer work annual at the B company announced on May 21 It had sold its Canadian plant Ont., Canada, to the A. V. Roe Co. and would build a $500,000 office and factory at Goderich, Ontario. "We plan to construct a complete new modem plant at Goderich Rockhill Products, Inc., N. Y.—Files With SEC— billing value of unshipped orders business.—V. $0.83 at class Sheaffer Pen Co.—Sales and Profits Up— said . Revere viewer the by projectors. Profit York profits been Shaeffer manufacturing produced share. $21,500,000 was $0.69 : class for rate of months share B provision NOTE—The tue 362,843 realised Malton, to of parking lot for employees, Net outstanding It 18 business new buildings for future plant expansion. The property, cover¬ area of 21,500 square feet, has been made into a temporary 818,730 $361,356 1953. The at nearby Sales $311,414 shares cumulative six taxes— profit Class of 1,180.086 ; taxes income $9,964,730 965,830 — Profit of To Build in Canada— Roberishaw-Fulton Controls Co.—Earnings— 1952 ten 10 offices New Sheaffer, II, decline a ago. 3 Months Ended March 31— 1953 purchaers April 24, on conducted Selevision 1953-1954 registered and Mr. principal property acquisition was an eight-story building, adjacent to Revere's main plant, purchased for an allcash consideration of $625,000. Revere also bought and demolished Subs.)—Earnings— the have W. company's camera these System of offered Poor & be securities reported first the corporation of occupied that added the over and projected is its Pa.; (W. A.) year plant development added more than 200,space, giving the company almost half and plant of It space Briskin Mr. The will be 3 Months Ended March 31— months) Buffalo, N. Y.; Boston, Mass.; O.; Detroit, Mich.; Chicago, 111.; and Lakeland, Fla. owner previously, according to Mr. Brlskin. He said that 12 new major products models were added during the year to the Revere line, including a stereo camera and viewers, four new tape recorder models and six movie camera models. The product line increase of almost 50% brought the total Revere line to 38 models. the produce machinery feet square again Briskin additional three during Consumer purchase to simultaneous "Translux" cover to open The the country's largest producer of tape recorders and had its greatest growth of the postwar period 12 months, it was disclosed here on May 24 in an an¬ of plant and product-line expansion by Jack Brlskin, nouncement have to Selevision 690,000 492.355 $1.40 visual, to corporation to time land, 1952 President. covering 200,000 shares of class A stock to be offered at par (25 cents share), without underwriting. The proceeds are to be used to to for incorporated in Delaware was all at nature ments equipment, past per parking meter frames, working capital. offices auction of made in The 171, company, movie tablished 14 filed a letter of notification pur¬ 1, 1953, to yield $106,000 to the corporation establish, equip and operate without income, type of business instantaneous, $40,294,000 $37,206,000 : outstanding—. 1841. p. 1953 • — taxes shares 177, home 33 The corporation on May be par.- Fittsburgh, - Earnings per The Point of View, Inc., Brooklyn, N. Y.—Files With SEC System shall products and merchandise, (f.o.b.) point of production or origin, upon a commission basis; and (2) That of furnishing, through the patented "Quojector" machine upon a lease rental basis, to buyers and others in their own offices, Inc.—Earnings— , —V. is moving its office to Grants Pass, Ore. company of earnings of company's share 3 Months Ended March 31— 100% Plywood & Veneer Sales Co., Portland, Ore.—Files— Selevision offered primarily: in Sales 000 Net be incurred. general Sales 3 Months Ended March 31— sales of Reo Motors, This "Net $62,361 311,592 $0.20 304,091 $0.28 outstanding— Revere Camera Co., Pittsburgh Consolidation Coal Co. (& Subs.)—Earns.— Profit shares 1952 1672. 2012. p. at plans been has York, New Co., 67,558 profit Common Trust Manufacturers 129,919 taxes- "Earnings per common share common stock held.- of common The offer to $.4,468,975 179,270 — income Federal "Exclusive stockholders of record May 26 the right to subscribe on or before June 9 for approximately $162,098,500 of 30-year convertible sinking fund debentures due June 1, 1983 at the rate of $100 principal amount of debentures for each nine plans to of the United States, wherever located, and where practicable, foreign countries, in which each bidder may participate immediately freely precisely the same as if all of them were present at a single auction, for the sale of fruits, vegetables and of numerous other 93,220 taxes- income for Common Phillips Petroleum Co.—Rights to Subscribe— company stock and $86,050 before Provision p. The System A conducting through utilization of teletype machines specially adapted for the purpose by the American Telephone & Tele¬ graph Co., identical, visual, simultaneous auctions in the principal and 1953 $4,740,926 sales Profit /v,r ' 1197. 177, P. to class cities 3 Months Ended March 31— $2,247,250 outstanding—3,525,372 - of Dec. sufficient or (1) (& Subs.)—Earnings— Reliable Stores Corp. 29,000 $3,401,000 93,750 I earnings share. B in 3,375,000 — simultaneous, identical and visual shares before or company stock 1198. p. class one presently engaged in business, but plans to commence shortly through the application of the net proceeds to be from the above proposed offering and from the sale of its $387,973 $0.42 $0.57 — Into not The 5,745,000 profits taxes on The 52,020 499,045 470,000 depletion and Depreciation convertible class any stock $2,631,129 1,326,131 Income for 100,000 Selevision ten earned $2,903,765 1,422,937 is A stock will be entitled, upon demand and surrender of certificates for cancellation, to refund of the full purchase price therefor, less their pro rata share of certain expenses of this olfering, 1953 1952 $12,739,559 $12,498,925 9,835,793 9,867,796 profit — administrative and general expenses— depletion.—V. 13,150,000 :i facilities stock A apply the net proceeds primarily to establishing, maintaining proper and necessary ofrices, equipment auctions. 1 $1.10 (& Subs.)—Earnings - sales of Gross " for and 805,045 1 class will and Unless sales tCost Net Net in 805,045 $0.89 $0.95 equipping .$129,058,000 $84,239,000 Sales SEC 805,045 share common 3 Months Ended March 31— "Net "Exclusive 1952 $889,182 (estimated Corp.—Sales and Earnings Higher— 1953 $716,900 of company chased Net Quarter Ended March 31— $762,407 — 877. p. Earnings Philco 1951 Quaker State Oil Refining Corp. 2133. p. 177, 1952 outstanding—-— shares per taxes share The 1953 April 18— after profit Common from the company the re¬ bonds set forth below: 1983 series of principal amounts purchase to basis, commitment firm a spective is Weeks Ended Earnings before income deductions was $34,143,729. Each Purity Bakeries Corp. <& Subs.)—Earnings- supplies company adjacent territory and gas service and Monday, May 25, 1953 $1,561,878 $1,327,728 799,167 685,000 $1.94 outstanding at end of period share at end of period common , $1.95 1842. 1052. Southern Natural Gas Co.—Bonds and Debentures Of¬ Public Service Electric & Gas Co.—Offering Deferred J?^compan,r on May makeP°stP°ned 21 that It -ixpected to In was A ccfct in by the heiP —V, He money. reed The spokesman of funds said explained and its the sale of bonds The delay that was the construction due to company program is will the current not not high 1 .,, for p. marketed its The $20,000,000 e: timated of $90,000,000 1841. stock common • 1953 in expansion 1 March to program. on May 18 filed a registration statement with shares of common stock.—V. 177, p. 1906. Selevision, Inc. affected postponement. company corporation SEC covering 350,000 desperately be American fered—Blyth & Co., Inc. and Kidder, Peabody & Co. on May 20 headed an underwriting group which offered Shares, Inc., Chicago, 111.—Regis¬ ters With Securities and Exchange Commission— June. company of the $50,000,000 Selected SEC tb be New corporation covering offered York. on 235,000 at $1.25 'l;- •' publicly $30,000,000 of first mortgage pipe line sinking fund bonds, 4% series, due May 1, 1973, priced at 99 and accrued interest to yield 4.07%. This group won award the (Del.)—Files With SEC— May 14 filed a letter shares of convertible per share •*" through • of of the bonds notification class A stock Whitney-Phoenix •• with the (par $1) Co., Inc., ■' May 18 on on a bid of 98.16. Halsey, Stuart & Co. Inc. bid 99.1599 for the bonds and First Boston Corp. bid 98.74, ' r " ' • ;• both as 4 Vis. (Continued on page 49) > Volume 177 Number 5223 The Commercial and Financial Chronicle ... (2253) DIVIDENDS Dobeckmun 7% of Company Share Adams Express Co.! ; Advance Aluminum Castings Corp. Extra _________ ; Payable of Rec. 6-26 6- 6-15 6- 1 Ltd., preferred (quar.)_£ Dock & Corlears Park (New York), du Pont 2 12 Vac quar.)Z~ < Dry Holders 30c (s-a) $4.50 (E. 12»/ac _ Alabama Great Southern Allen Allied Mills, Allis Inc. I__ II . (quar.)i____~ (quar.) (quar.) Eastman- Kodak Leather Cos., Convertible 6% & - j.__L Cigar, iquar.III com;- Products American National American Optical Co. American Rock American 6-15 50c 6-26 6- 2 7-. 1 6- (monthly i ; 4, pfd.__ Cameras, 20C •6-10 10c 6-30 50c 7-1 $2.25 40c Class A Bank $2.25 common Bankers (quar.) & Corp. 6-10 7- Insurance 6-12 6- 6-15 Beau Brummel Ties Inc. 12 Vac Creek 6-15 6-12 1 5-29 Ltd., Securities, Common. (quar.) 5% pfd. 7- 1 , 1 6-26 1 ■ Inc. Book-of-the-Month Club Ground Rent Trust (s-a Boyertown Burial Casket (quar.)._— . 25c 1 1 5-15 6- 4 1 6-16 6-10 5-20 7- $1 ____ 6- 6-12 25c (quar.) Boston (E. 6- 25c (quar.)____ 9-28 1 6-15 25c ___ Bond Stores, 10- 25 c 12 Vac 6- 5-21 1 Gary (Theodore) $1.60 1st 5% Briggs Mfg. Co. (increased) Briggs-Stratton £orp. (quar.) 5 7- 1 Extra Burkart 25c 6-15 6- 1 6-15 6- 1 $283/4C 6-3C 6-15 Gillette Pacific Co. 5.40% preferred C&lifornia Canada li Life Assurance Quarterly A Class - ' $1.75 6- 1 6- 1 Gould-National Eatteries, rnc., com. 4'/2% preferred (quar.)_______ Grace (W. Ri) & Co. (quar.)—, Grand Rapids Varnish (<fuar.)___ 6-13 5-15 5-29" 5-29 $60c 6-30 $25c 6-30 6- 5 $43%c 6-30 6- 5 (quar.i__ common preferred (quar.)____. Tire Corp., Ltd -— Carlisle Corp. Castle (A. M.) _____ — ft Co. Co. Mfg. of America Cb., (quar.) 4% preferred (quar.) Chesebrough Mfg. Co. (Censol) (quar. t__I_ Chicago Medical Arts Building (liquidating) Chicago Rivet & Machine-Go. (quar.) Chicago Towel Co., common (quar.i •) 7% convertible preferred (quar.) 5'/2 % < preferred . Cleveland-Cliffs Iron Co., «y4 % common .preferred Colt's Mfg, Co., i A% Conde Nast Inc. 5-20 6-25 6- 4 6-12 6- 4 6-15 5-29 6-20 6- 6-20 6-15 6- 5 5-25. 0-20 1 6-13 5 6- 1 6- 3 6-15 6- 3 6-12 6- 1 6- 5 . com. - 1 Huron Hydro-Electric $1 6-1 5-21 6-15 66- 1 ' 10c 7- 10- 6-20 1 10c — 5 1 9-19 Consolidated 10c 6-14 6- Continental 50c 6-29 6-12 Engineering Corp, (quar.) Foundry Machine Co. (quar.) Continental Insurance Co.- <N. Y.) (quar.i. ——_w_ Inc. : - bfo convertible preferred' (quar.) Tobacco, 5% preferred (accum.) Cutler-Hammer, Inc. (quar.) Cuban Extra Dayton & 1 1. 5-25 6-30 6-15 6-12 5-29 6-10 10c 28 VeC 6- 50c 1 5-25 - 6-16 f (quar.) Michigan RR., 8 7c pfd. (quar.)_ class 5-25 1 5 5-29 6- 5 5-29 6- 5 5-29 $1 7- 1 6-15 12 ViC 7- 1 6-15 6-12 6- 2 6-12 6- & 7- 1 1 6-15. 6-30 6- 75c 8- 1 7-20 56 Vic 8- 1 7-20 _IIII 5 40c 6- 10c (s-a) 6-12 6-25 6-15 1 90c 5-15 6-30 6- 1 $62 Vac 6-30 6- 6-30 6- 1 0-30 60c - (quar.) 6- 6- 5 1 5-25 B 5-29, 6-15 30c (quars)_ 17V2C ■- (quar.)_ 6- 1 1 8- 7' 6-15 6- 5' 9- 7- 6 6-19 40c 6-15 6-1, 35c 6-10 5-15 6- 1 6- 8 6- 1 50c 6-26 20c 0-10 10% 5% preferred share for Messer Oil Mesta 33 Va 7- Corp Machine ^ 6-8 — each Shares hfeld ; z: Cb. 2 5-30 6- 1 62V2C 7- 1 6-16 Meyer (H, H.) Packing, CV2% pfd. (quar.) $1.62'/2 Michigan Bumper Corp. 15c Michigan Gas & Electric, common iquar.). 45c 6- 1 5-20 6-12 5-27 6-27 B-15 i 4.40% _ preferred -(quar.) $1.10 8- 1 7-15 Utilities, Inc.___ i ■ • 35c Middlesex Water Cb. (quav.)______u—75c 7- 1 6-10 6- 1 Middle South Modern Fund Mohawk Rubber Co. (quar.) (quar.) preferred (quar.) 7% Plan Co. of 12c 50c System, Inc.,. common__ preferred (quar.)_^ from ; * • dividend realized 6*16 National 6-10 5-30 6-10 5-30 6-15 6-1 7- 6-16, $1.183/4 2 35c capital National Fire 6- 0r 2 1 7-15 6-30 7-15 6-30 ; . income Ltd. 6-12' 6-12 6c and lc from gains____ Insurance 6-30 37V2C . 13c 6-26 6- 75c 7-15 0-30 30c Co. (Hartford) (qnar.)__ 6-15 50c Cbr^. Grocers, 6-15 15c (quar.)____________ National Cash Register Co.. (quar.) National Casualty (Detroit) (quar.) ________ National 2 50q Mutual Trust— i 6-15" 1 35c (quar.) Muskogee* Cb. 6% 7- $1.75 ___________________ California (G. C.) Co., 43/4% preferred (quar.) Murray Co. of Texas, Inc. (quar.)_. Muskegon Piston Ring Co. (quar. ' 6-13' 6-13 6- 62 V2C Murphy Mutual 6-30 6-30 6-10- • Common •' 5-22 25c Calculating Machine Co.— Morris 3 25c Co., common preferred (quar.)_. 5% 5-20 6- 30c Hosiery Monroe 5-27 50c (s-a) Extra Mojud 5-15 25c Containers, Ltd. 1 6-15 5-29' 65c 7- 1 5-20 2 0-15 $i5c Oats Co. 1 7-16 National Radiator 5-20 National Screw 6- 5-15 National Shirt ft Mfg. Co Shops (Del.) 1 6-15 7- 1 6-15 25c (quar.) Go. (quar.) 7- $40c .'Extra 6-20 6- 1 5-20' 15c ; 6-30 50c 7- 20c (quar.)_ Corp.,. Ltd. (quar.) 5-29 1 6- 9 6-19' 5-21 2 4-30 National Steel Car $37'/20 7-15 6-15 5-30 National Tank Co. 37V2C 6-12 6- 6-15 5-30 National Theatres; 15c 6-26 6-10. 60C 6-24 6-10 Natomas Co. 30cv 7- 1 6- 31'/4C 7- 1 6-15 New 7- 1 5-29 15c 6- 1 5-20 New England Laundries, Inc.— 50c 6- 1 5-20 $1.50 7- 1 6-19 25c 6-15 6- 1 New England. Power $1.2522 7- 1 50 c 6-15 0- 3 New 25c 6-17 6- 1 3- z' < —I_IIII - - 50c 6-15 6- 60c 6-26 6-16 8- 3 8- 3 7-15 , $35c 43 %c 25c 6-25 5-30 6- New Haven New York, Common 6-15 6- 7- 1 6-19 $1.37V2 6-30 6-20 $1.25 6-30 6-20 Northern States Cb. 7- 6-15 Ohio Niles-Bement-Pond North Ltd., 5-20 6-12 5-29 6-30 6- 7- 1 6-19 7-15 6-15 $75c 10-15 9-15 10-15 9-14 50c (s-a)__ (quar.)__ 1 (Boston)— 25c 7- 1 6- 2 75c 6-11 6- 1 Corp. (quar.) Supply Co., common (quar.) 50c - (s-a) 5-29 6- 6-15 1 6- 6-15 3c 6-15 1 6- 2 A Class B Edison Co., preferred 4.40% Inc. $1 9- 1 8-14 $1.12 Va 9- 1 8-14 ' 6- 4- 15c 6-15 6- 1 6-15 6- 6- 5-20 pfd. (quar.) (quar.) __ „ ' common Overseas preferred preferred 4.60% 'Milk 4'/a % Co., Petroleum 1 6-15' 1 6-15 20c 6-30 6-19 10c 6-30 6-19. 6-26 6- 5 6-26 6- 5- 7- 6-12 . 2 2 6-12 6- 6-11 5-22 25c 9-10 8-20 $1.50 5-28 5-18 50c 6-12 5-29 50c 7- 1 6- 50c $1.12 V2 quar.)__/ (quar.)__„_ 7- 1 6-10. 7- 1 6-10 7- 1 6-10 $1.15 Mfg 7- 1 6-10. 40c 6-15 6- 25o (quar.)____; 7- 1 6-11 7- 1 6-11 25c 6-12 6-5 4Cc 6-25 6-10 $1.12'/a (quar. 1 & Trading Corp.— $1 participating class A (quar.) Pfeiffer Brewing Co. (quar.) * • 5 $1.10 (quar.)^ (quar.) common preferred > 6-15 25c (Increased 4.40% 7- 1 1 1 30c Ltd.__^____-__^_ 4'/2% 7- $1.11 $25c qoar.)__ Ltd._i__ Penney (J. C.) Co. (quar.)___ Pennsylvania Power & Light Co.— Common 7- 6- 25c Brewing Co. (quar. Quarterly Pacific Greyhound Lines__ & Ford, 6-30 25c (initial Terminal, 1 Co.— Pabst Penick 5-29' $1.10 1 New $1.25 55c 97V2C (quar.) Loan & Debenture Pbt 8-14 5 6-15 (Wis.), 5% Extra Ontario 6-19 1 6- 35c (quar.)__ (quar.) preferred 1 9- 5-29 1 preferred (quar.)_ : Town Corp., common (quar.) 40c preferred (quar.)___________________ 7- 95c preferred 1 7- .4.44% 62 Vic 1 7- $2.50 Old 5-20 6- $1.50 ; Co. Common 1 6-20 5-29 10% (quar.) 6- 40c I of Cbrp.— (quar.)________^____;____________ 25c (quar.)— 7- 0-15 Cement preferred Pennsylvania Salt . (E.) (quar.) .4%. preferred (quar,) 4.50% preferred (quar.)_ 6-30 $2.25 Co. Sons, common— 5% preferred (quar.) Kansas City Power ft-Light, com. , Omar, 4c $75c com., American r3.90% 6-30 and 0-10 — 6% preferred A (quar.)'________ New York & Harlem RR. Cb. (s-a) Class 1 5-25 15c 30c 6- 5-25 6-10 50c 5-30 8-1 6-10 i5c (subject to approval Treasury Dept. ruling) 5-28 $25c 0-30 50c (quar.) 6-10 ___: 40c ____ Stock dividend ^-10 2 6-30 Chicago & St. Louis RR ICC 6-15" Co.— _____' 25c $$1.50 (initial) Gas Light (quar.) Pulp & Board Co. (quar.) Extra 50c ; $4.60 pfd. &f Telegraph 1 ____________ Haven New 1 3 Co., 1 $2 6- 56 Vic .' (quar.) Telephone 6-15 —IIII common (s-a) 5.60% preferred England 22V2C (quar.) Quarterly 5-25 1 (quar.) Inc.___ (s-a)_—_ J__ England Electric System $6 7-15 2% . _IIiII __I_IIIIIII Corp., . Johns-Manville 3.80% 6-25 50c 25c 7- 25c Kahn's 13c $1.06'/4 6-15 l_^__ preferred preferred 5-14 Class B (quar.) Mergenthaler Linotype Co. Mersey Paper, Ltd. (stock dividend) 6-10 (17c from undistributed net income and 8c from: net long term gains) Irving Trust Co. <N. Y.) (quar.) Mfg. 6-22 6-19 5-27 $12 VaC (accum.)— Foundation, Joslyn Mfg/ & Ihc. 7-15 7-1 6c (quar.) 44c _IZIIIIIIIIII Canada, Ltd.I .-i_. preferred 6-22. 50c Mortgage (quar.) —___j Securities Corp.— Trust 6-19 7-15 6-15. 6-10 6- 7- 8 5-25. 9% 6-19' $175 6- 2 dividend)! 6-30 5' 25c 2 37'/iC conv. $77 arrears) 6- 5-31 5-15 7- 1 5-23 6-15 6-15 1 8-18 8- 6-15 25c 32^'/ac 7- 3T'/2C — Investment 40c 1 6-10 7- 37'/ae 5-31 25c 30c Rayon Investment Co. $1.75 ,$1 6-15 |20c Nash-KelVinator $31 'Ac 5 6- Inc., 5 7? preferred (quar.)_ Merchants Refrigerating Co-.—> Class A (quar.) 1. $30c _ 5-19 $40c 5-22 1 6-15 $1.25 ^ Products W.), (J. Maytag 6*11 7- 65c 15c (quar;)— Telephone, Wall Mays 2 50c . 6- 6- * Ltd.— McCormick ft Co.' (quar.)_^__. Stock dividend 7-11 25c 6-15 12V2C Massachusetts Investors Growth Stock Fund Mathieson Chemical Corp., common (quar.)_ v 4'/4 % convertible preferred fquar.)__ Matson Navigation Co. (quar.) 6-15 8 Internationa) Celluc.otton Product's (quar.) International Hai*vester Cor (quar.)_________ 4 Vz % 6- 6-30 6- 8- 70c Justrite 25c 6-15 5-20 75c 6-15 5-29 1 5 1 (quar.)$17'/2C Corp. (quar. 25c preferi-ed Minnesota 7- pfd., (quat).—__ 6% 6-15 8- Corp. (qUar.) Institutional Shares; Ltd.— -" Insurance Group shares (IVic from ordin¬ ary inc. and 2V2C from security profits) 6-16 6-15 Erie Industrial 6-30 $1.25 (quar,) & 6-30 $1.25 $2.50 6- 1 6-30 27? 25c common : preferred 6- 6- 6- 2 15c convertible preferred (quar.)_ Crucible Steel. Co., common (stock dividend) 5% 6-15 6-15 $1.50 25c ——_. Cosden Petroleum Corp., (quar.) Cribben & Sexton Co., common,-,.. Dayton Malleable Iron, 65c 35c Corp——. Co 4 5% preferred Illinois 6 5c —; 2 6-15 7% Oil 5'/2% 8% 7- ..A $1.25 preferred (quar.) l Field Material Co., Inc~—T"" preferred (quar.) Houston ' 6-15 6 53 c IIIII _*!' Co." (quar.)I~ (quar.) Co; • 8 6-15 7- 50c convertible 5-21 6-20 Coro, $2.25 1 6- (quar.)— ■ IIIIII—III ■ Paper Co.. of Houdaille>-Hershey 6- 1 Steel Statler 6- 1 6-30 $ 10c ~" "(qu~a~rI)"I (quar.)__ * 5-29 1 — (quar.) " (quar.) Hibbard, -Spencert Bartlett. Hotels 7- $1.50 (stock (quar?) Hewitt-Robins,Inc. 1 6-17 5-20 5-15 I $25c preferred 37 VaC (quar.) (quar.) common^., Lumber Hein 6- 7-1 $10c (G.). Brewing., (quar.) Werner Corp. (quar.) 30c - 1 Heileman 6-20 7- Bay conv. Hazeltine,; Corp. 6-30 7- Continental $2. 6-12 5-29 10c Coos - : — 7- x— 10c iquar.) 1 5c Harrisburg Steel-Corp., common (quar.) <•5% preferred (quar.)__„__, Hart-Carter Co., common (quar.) 5-29. 20c preferred -Extra r 25C quar.)___ (Wash., D. C.) ■! (Dallas) Hamilton Bridge Co., Ltd. 6-12 Connohio, Inc., ; 40c preferred 40c Insurance Hobbs Battery, class A Homasote Co. (quar.) Honolulu Oil Corp. ■ 6-15. 6-15 Connecticut Light & Power Co.—_—_ ; Gulf Hinde & Dauch 6-30 > 1. 6- 31V4C Grlnnell corp. (quar.)_:_— Guilford-Chester Water Co.—___H—1„ 6-12 6-30 ' 6- 1 $2 (quar.) 7% P^eferi-ed ;(quar.)'__:_::___:^_ Grlesdleclc Western Brewery, com. (quar I .5% convertible,preferred (quar.)__ Higbie Mfg. Co. Stock divWend_'__i_ 6-15 25c 1 7- 6- 6- 1 (quar.) Merlin-Rpckwell Marsh One 7- (quar.) Great Northern paper Co.' (quar.) Great NOrthfcrn Ry., non-cum. pfd. Great Wfestern Sugar Co.; common 15c (initial Y.I" (N. Common 6-20 5 $$1.25 1st. preference (quar.) 5% 6-15 _ 30c $1.12'/a 1 . 6-30 37 Vac 7- ———_IIIIIIIII Co.- 1 7- 37 Vac <quar.)_ 25c (Phiia.), Publications Congoleum-Nairn; 1 7- 6- ord._ Graton & Knight Co., $1.80 prior pfd. Lakes, Paper, Ltd., common Class A preferred (quar.)„—; Class B preference (quar.) Great Lakes' Power; Ltd.— 53 Vac com. preferred) (quar.) $1 6- 62 Vac (quar.) Semi-ahnual Title 5-20 $1.37 V* — Columbia Title Insurance Co. Commonwealth 1 20c (quar. new 6- $1.75 f Coleman' Co., 5 5C $63 $4.50 ^preferred "•■(quar.l-_«Bi«.u-_v— Cleveland Quarries Co. (quar.)—..—^ L 6- 5-28 1 $1.75 _______ common 6-15 40c City Products Corp. (quar.) City Railway (Dbyton), common <quar.)___ -■■■ 6% non-cum. -preferred (quar.)__ _ 5-29 6-12 6- 8 $1.50 - ___ (quar,) 6- $1 v. (s-a>__ 0-20 75c common-—,; : 7% preferred (quar.) City Investing Co., common 5-29. 6-10 5c -- ____________ * ( 6-15. 15c ■ Securities -Co., 6-30 12VaC ________ class A_—____________ i. 5-21 * v Christiana 5-20 5 1 6-1 6-12 * i 6- 10c 'Class B ■i 1 30c iquar.)--- Foundry Co. (quar.i__________ Century'-Electric- Co. (quar;)___-___________ Chamberlin 5-20 1 6- 10c : Central Chatham 6- 25c iquar.) Carthage Mills $15c $10c Canadian 6-16 $$1.38 Great 5 6- 6-15 $30c . 6-15 6-15 6-30 5-15 25c B (quar.)_____ Falls Insurance Co. 7- $$1 .*___ (quar.) Celanese, Ltd;, preferred (quar.) class Class 6-15 1 6-11 $1.12 y2 6-15 2 1 22c Gold & Stock Telegraph (quar.) 7- 1 7- ___! 4 Goodrich 6- ■' 6- 25c IIIIII (quarlrlllIIIIII A (quar.)_ I 1- ; 1 (quar.)__IIII common 1 $25c 5 6- $1.50 Ltd., 2 $75c 6- $1.75 (quarlFI pfd. 6- - 6-22 6-15 6-15 __ 5% 6- 6-10. 6-30 (quarl)III 6- "... 1 5c ~ 6-15 $75c (quar.)__—_________— Canadian J-$1 Co., F.) 6- 6-1 6-15 30c (quar.)__^ Calculators Ino. (quar.) Power Shovel Co.— • 5-22 6-15 20c 6-12 1 5 6-15 6-15 35c 40c ' 1 6- 25c - (quar.)„ preferred (quar.) May Corp.__— i Co*.,-'$5. preference' (B. 6-1 ' 7 VaC _____IIrI Supply, Glenmorq Distilleries, Glens 8r 100% (quar.)_ 50c —______—____ -B 4'/2% 6-15 5 5' Co., Ltd;— ! ' (accum.) 27c i 81 V4c 5 66- 37VaC 7% pfd. (this payment clears all 7% preferred (quar.) Maritime Telegraph & Telephone 1 Co.— common 6-15 . Flooring Co., Ltd., $1- pfd. A (quar.i Canada Wire & Cable Co., Ltd.— r' - Class Co. Gerber Products 5-30 7- 7 Vac 27VaC (quar.i D;6261 _— 25c •Canada - 5-30 6-10 6-' 5 6- 1 7-'l 50c McQUay, 50c :_ (Toronto)— Co. ' 35c (quar.) com. (quar.)_____________-_^ Water Service Co. 6-10 15c _______ Co., >-5-% preferred- (quar.) 5Va% preferred iquar.)____ *' 1 20c (quar.) (quar.) Utilities 1 6-20 6-15 7- 1 $2.50 )_IIII preferred Marion 6-12 40c Marcbant 1 (s-a) .(quar.) Builders Gerotor 6- ■ Mfg. (F.) California 6- 5 _____________ 6- 5-29 ~~ Class A '' ■ General Telephone Co. of Pennsylvania— $2.10 preferred (ljuar.)'______ 6-12 .• —_ . Box General 6-30 $1.25 5-20 6- 6-10 6-30 30c (quar.) Madison Gas ft Electric Cb. (quar.)_________ Mangel Stores Corp.. (quar.)_____; 5-20 1 6- , General. Petroleums of Canada, $1 Bright (T. G.) & Co., Ltd., 5% pfd. (quar.) Brooklyn; Telegraph & Messenger iquar.)__ 1 (quar.) preferred (quar.r____ General Baking Co., $8 preferred General 5% 6-15 6-20 $1.75 -_____IIIIIIIIIII (H. C. Lytton & Co.) Mackinnon Structural Steel Co., 5-20 9 -IIIIIIIIII % 7? 75c Brygnt Chucking Grinder. Co. & preferred preferred _ - Lytton's 6- (quar.)_ Gatineau' Power Co., i (quar.)_ Lux Clock Mfg. Co. 1 25c Inc.____'_„ Investors, . Brothers pfd. 5-25 6-10 20o (interim) com. Lowell Gas Co., 6% Lunkenheimer Co. 5-29 . 6- • 30c '' ' —— (quar.) 6- 15 c (quar.)— Loom, Inc.— Fundamental Gamble Co., 5 1 95c preferred (quar.)__-__ Angeles Investment Co. (quar.)* Louisiana Land & Exploration (quar. Louisville Title Mortgage -(s-a1) 5-29 6-15 25c 29) • common $3 15c ft Sons J.) Co., (quar.) " 25C the (P.) 6- 7- 62%c ,II"~I ' _IIIIIII ?% " 6-5 6-15 20c (stock dividend) non-cumulative preferred Fuller (George A.) Co. 6-15 7- $25c (quar.)_ common preferred Lorillard 5 Ltd.— Refining Fruit of 6-3 6-22 7% . *' 5-28 7- 40c Big Bear Market „(Mich.) (quar.)______j___ Black-Clawson Co. iquar.) Brach 3 50c Packing Co. Stores Bessemer (quar. Co. 2 6-15 3c Corp"—~"~~ (quar.) , Beech-Nut Belgium RR. 7- 2 until June Wayne Corrugated Paper.— Fostoria Pressed Steel (quar.)__ Fownes Brothers ft Co. 5-14 7- $15c : Motor'Co., ** (qu^LIIIIIIIIIi: ' ly-TUli^ Cup Corp. I 1 5-15 - - Los 1 common Fort 1 5-29 ; Beech 6- 50c ___ $10c 'Extra 6-1 12 VaC Life Ltd. 6- 37 VaC preferred' (quar.)_•_______ Frontier (quar.) ■ 6-15 20c ______ American deposit receipts „ of )___ (quar. National Beatty Brothers, 1 • preferred 5-29 1 6- Machinery ft Chemical Corp.— 3l/4% Ford 1 6- 6-22 18%c ________________ Equipment „ Foote Brothers Gear ft Machine 60c convertible 6-24 1 6-10 • 20c (quar.)__________ 5-18 5-15 7- $1 15C (quar.) (Convertible Into Food 6-24 6-15 30c ; 6-15 * 6-18 7-15 5 par share plus this dividend. 5-28 ' $1.50 6- 1 15c 55c (quar.) Lion 5-14 6-15 - 6- 6- 6-10 ' »quar.)____ -Co.— preferred Match Co. (quar.) Loew's, Inc. Longhorn Portland CementI 5-22 6- 15c """ Co.' (quarr)L—___ at $103.Bo 7% 5-29 6-1 $3.50 - I 1 » Co (quar.i common Building America 6-30 : Liggett X I 15c . . 1 6-15 , 7-15 1 15c I Florida Power Corp., common iouar~)IIII"~ 4.90% convertible preferred. ' Entire issue being ^called for redemption on July 1 6-12 6-15 1 6-15' 93.50 6- 7-15 $1 preferred 5-29 6-13 rw?? ft MyersC°; Of Virginia ^ *?ce Tobacco 5-25 7- Y.i— 7- 1 7- $1.75 (quar.) B/G Foods, Inc., 67? 6-10 Iff fncSSUalty^InKurance (Tenn-I (quar.i r 6-15 12iac _ 0-15 6-10 " ""T""""': Industrial; Fund Flqfence' Stdve 6-30 50C partidpatihg class'A (quar.)„ 5% noti-ciim. participating class B (quar.) I 6-19 6-15 6- 5% 5-29 $1.50 I2V2C Alarm 6-1 ,? 5-29- 6-15 5 ____ Carpet Co.^_ FItzsimmons Stores, Ltd.-— 1 5-29 6-15 I83/4C Leverage 6-5 6- 6-3Q 30c „______2. Firth 6-15 i quar.i (N. (Bait.)— (quar.)—___ B Financial; _ 6-10 t4c Stypreferred (quar.)___ Inc.rcommonI PafbIiCl0f/ N<w York■ 5% + 5-14 1 1 5-29 5-29 6-15 - t 6- 7-10 6-12* 6- (quar.) _ 5 6-15 r. 6- Jf® 65c - Co. Fire Insurance America Class 2 2 6- Inc. Fire 6- 6-15 General Utilities Automatic 6- 6-15 1 7-1 Associated Transport, Inc., 6% pfd. (accum.) Atlantic Greyhound Corp., 4'% pfd. (quar.i Atlas Press Co. 7- 6-23 $3 ' _______ Argus 6-12 15 c 20c _ _______ Surety Co. American Telephone & Telegraph Co. (quar.) American Woolen Co., $4 prior pfd. iquar. I f"7% preferred (quar.) Anderson-Prlchard Oil Corp. (quar. i Associated of ((}uar.); * (quar.)_ : (N. Y.) is-ai American Finance Co. " . 50C Corp. Co.' Fidelity-Phoenix 1 Class. A> V (quar.) Wool Stores . (quar.) 6- 6-15 $1.50 1 20c $1.25 Product^__—^_;.-___-__r____~ ■■ (quar.)____ 1 1 7- 50c (quar.) IZIIIIII Mines," Ltdl"~""~~~ Fund (Canada)_-IIIIIII""?:~"""" 12 Vac ; 7- 8- , ' "Exti? Flnk Products CorP- 25c . 6-12 5 Leitch Gold 1 40c , 5-22 7-10 1 75c IIII__I 60c 1 7-10 7- ; _ Lang ft Co. 6- 7-25 50c . Electric q 6- 5-29 7-25 25c Brothers} (quar.) (quar.) 6-12 6-19 6-26 if (q"uar.)I ~~"I l 6-12 7- . Compress & Warehouse preferred 7- 12K SlCrty ^ghting, 4% ptdlTqlTaVJIII Kinney Mfg., $6 non-cum. 5-25 $1.50 .'•(.,Qliartei,ly.f:_-—L_2^_— 6-2 6-12 Co.:(quar.,) A (quar.) (quarr) 6 %J 1st- preferred 4% 5 5-19 40c Federal Federal 6- }"~" Holders Payable of Rec, (quar ) (quar) Organization, Inc. Kimberly-Clark Corp., common 6-16 6-13 $1.12»/2 87 Vac (s-ra) _r„ Products 2 7-15 85c I— Z__IIIIII Farmer 1 7- When /ftcre B pfd. common class Essex' Company 6-15 ' 5-29 , Fabricon' 6-1 6- 6-10 of Canada, Ltd Kennecott Copper Corp Kent-Moore 5-29 tl5c IZZ B (quar.)__ preferred (quar.)— Ere Mfg.. Co. (quae.) : 6-15 Drug, Class 6-10 $1.31 V4 ;v:; (quar.) Natural .Gas , 35c 87? 5-25 87 VaC Stamping American 6-10 ,,75C Corp. $6 6-15 37VaC ____ v Corp.__ Finance, 1. 6-30 . Home 7- $4 - <quar.)__ American Hide & Leather Co.— if 6% preferred (acoum.)___ International 5-20 $1.50 , American 5-16 1 25c preferred Jquar.) -V 3J/z% preferred (quar.) American Export. Lines Inc. 1 6- 50c > American Colortype Co, (quar.) American Cyanamid Co., eom. i quar.i;.: American 2 6-12 6- Paso Emerson. . (quar.) (quar.) American Cigarette. 6- El 6 Kelvinator 5-29 common (quar.) Co., preferred 6- 1 6-20 5-29 Eatpn Paper Corp.; 1 75c ; Inc.— preferred Bakeries 6- 25C iquar.)-_=..-_i^_i_r__^I_i._L %7o 6-15 6Ve f 5-25 5-20 1 6- I 5-23 50c (quar.)_____ Co; Amalgamated . 50c Co. American 6- 6-24 6-24 20c : (Louis) S.) 6-15 $4 50C (Ai Aloie ' common $4 Ltd. The, Industries RR. __ 1 fnc Properties, ■ ./ 6% preferred Alexander & Baldwin, 6- 20c $$1.75 (quar.)— preferred ,. Name of Company Kelsey-Hayes Wheel Co., class 4 7- $1.50 ; de Nemours & Co., I.) preferred 6- 6-15 liquidating $3.50 . 6-15 $1 (s-aj Holders Payable of Rec. 75c IIIII" I ~~~ " common——"II common. Preferred (quar.) Dominion Textile Co., ously announced, but which have not yet reached their When Co., When Share 1st preferred Mortgage & Realty (quar.) Di Giorgio Fruit Corp,, $3 preferred Diana Stores Corp. (quar.)— payment date.. Per Company Detroit nounced during the current week. Then we follow with a second table in which we show the payments previ¬ Name Per Name of Denver Tramway Corp., Dividend announcements are grouped in two separate tables. In the first we indicate all the dividends an¬ 9 _ The Commercial and Financial Chronicle... (2254) 10 Per Name of Company Pittsburgh Plymouth Company iquar.) Electric & Gas Potter Pubiicker Inc. Inc., Industries, Pullman, jbc iquar.) • iquar.)—--- Pyle National Co., common 8% preferred < (quar.) Condenser Radio Ralston Purina Common , Co., —^ 3%%* preferred Rand's, D. C.) is-a|_ Real Silk Hosiery 5% Reo Inc. Respro, Inc. Reynolds Metals Stock *• J 5%% Co., common dividend Richman A 1 Class St. iquar.) Corp. initial) i linitial)— B 1 6-12 6-30 6-20 7- 7- Selivritzer-Cummins Scullin Steel Co. Shattuck 6- 1 6-15 6- 1 6- 5 5c 5 preferred G.) 5-20 6-15 — , 5% preferred iquar.) Skiles Oil Smith, Corp., Kline Southern 5% Indiana Common 4.80% Gas and Southern $1 4%% ( Union Electric Southwestern Gas & both preferred 6-26 6-10 G.) (A. & 6- Co. — Strawbridge & IS.) Talcott & Co. 7- -•4%% '-4.10% 4.25% 6-19 6- 6-10 5-29 1 6-15 5-29 6- 1 A. 6-15 6- 1 Abitibi 1 5-20 6-30 6-16 6- 6-22 6- 6-15 6- 1 6-15 6- 1 6-15 6- 1 6-15 6- 4 6-15 7- 6-15 6- 5-18 25c 6- 5-18 5-18 6- 25c 8 $4.37% 5 Allegheny 6- 5-22 6-16 6- 6-15 5-29 6-10 6- 10c 6- 1 6-10 6- 7- 10c 6-18 1 1 6-12 6- 6-30 6- 1 1 7- 1 6-15 65%c 7- 1 6-15 2 6- 5 2 6- 5 6-29 6-17 Aluminum Aluminum New r $3.75 Co. 1 6- 5 1 6- 5 7- 1 6- 5 American 7- Barge $1.27% 1 6- 5 American Buslines. 1 6- 5 American Chain 7 J5 American Chicle Quarterly American American 1 Ashland ,7- 1 6-15 American $1.14 8- 1 7-10 American Forging $1 8- 1 7-10 American Fruit 7- 1 6- 1 American Gas American Greetings Corp. iquar.)__ iquar.) (quar.)—, 25c 62%c 75c 25c $1.25 35c class A com. (quar.) Electric American-Hawaiian 7r 2 6-12 American Home Fire American Home Products 7- 1 6-15 7- 1 6-15 American 6- 8 6- American Investment 1 6-20 6f 5-29 5-20 1 Common 5%% 6-10 6- 1 $1.25 6-10 6- 1 6-10 7- 1 6-19 6-10 5-28 6- American 5-15 6- 1 1 6-10 5-15 6- Stock 1 t25c 6-15 25c 6-10 $6 40c 6-10 6-15 87%c 8- 1 4-30 Automotive 1 4-30 Avco Mfg. 6-12 5-22 5-18 5-18 Avon Products, 6- 1 American Paper Goods, 6- 1 ;7% preferred (quar.) nreforwrt rnnfir 1 7% preferred Electric Service, 6- 5 6- 5 (quar.) £%% pfd. Ltd, Co. 1 y5-22 5-15 6-15 5-21 1 5-15 of preferred Inc. Mills 5-26 6- 1 5- 8 6-15 5-22 U5C 5-23 6-15 5-22 6- 1 5-15 22 %c 5-15 America— 1 5-20 5-29 6- 1 5-18 10c 6- 1 5-15 10c 5-25 25c (monthly). I 6- 6-20 40C (quar.) 6- 50c 15c iquar.) (quar.)— Corp. Axe-Houghton 6-20 6-10 tl2%c (quar.) Works Gear 6- 5-15 25c Co. 6-26 Fund— (from investment income) 10- 1 9-13 Ayreshire Collieries Corp. 6- 1 5-22 Babbitt 6- 1 5-22 Badger 7- 1 6-19 Baltimore 7-1 6-19 5-11 Bancroft 50c 6-30 (quar.) , (B. T.), Inc.____, Paper Mills 5c Radio Show (quar.) (Joseph) & Sons Co.— common (initial) 5-11 Barber 5-11 Barber-Ellis 6- 1 5-18 Barcalo 30c 7- 1 6-12 Bareco (quar.) 75c 4% (W. Oil 7-20 6-19 Barium 5-15 Bathurst 6-30 6- 6- 5 5-20 Baxter 5-15 Baxter 6-12 5-22 Beaunit 5-15 6-10 Beck (quar.)_ J25c 1 6-1 5-8 7- 6-11 1 87%c 6- 1 5-15 ; ... « 6- 35c 6-12 $1.25 , 50c , -- 6- 1 1 6-15 - 5-20 • . 1 .. ; 50c 6- . 25C 6-10-- ♦ 5 6-10 25c 5-29 15c 5-25 6-15 12%c 6-10 Co 12%c 5-25 6- 1 5-22 1 5-12 Mills, 5-29 5-20 Bell & & 4%% Berkshire 4% 6-10. 6- 6-13 6- 1 (quar.) 30c 6-19 6- 1 6- 1 & $1.13% 31%c, ..28yec 7-1 ■ 6- $1.25 iquar.) 5-15 6- 1 5-15 6- 1 5-18 H5C 7- 2 7- 2 tl7%c 6-10 30c 6- 1 5-15 12 %c 6- 1 (quar.) Co, (quar.) common Erie RR, $3 Corp, common Co. pfd. (s-a) ; 1 5-15 6- 1 5- 8 $1.50 6- 1 5-15 7- 1 6-19 ... v / (quar.) 50c $1 6- 1 $1.75 7- 1 50C 7- 1 $1-12% (quar.) Oil Black Co. Hills Black, 6- 4.25 % & Light, common 6-15 Blaw-Knox Bloch 6-10 *5-25 6-15 5-25 Bohn Bond 8-21 Inc, 5-20 5-25 6-20. 6-10 6-20 6-10 6- & 5-20 5-20 .. 6-23 6- 1 6-12 6- 1 7-1 6-18 — (quar.)__ 62 %c 7- Insurance Co. pfd. Investment & & Co. Brass Trust (quar.) Corp of America 1 5-18 6-15 6- 1 (from 1 income) 6-18 6- — 1 (Sidney) 6-20 6-30 25c (Shelby, N. C.) 6-25 5-13 6-30 25c (quar.) 6-12 75c 250 6% 1 30c Aluminum 20c 6- 1 60c 6- 1 6- 1 7- _ (quar.)_ common 37%c (quar.)__ 40c $y.75 <m is $1.75 6-26 Borden Co. . (quar.)" .'. 6-12 1 5-20 6-15 5-20 $1.06% preferred Tobacco, Quarterly investment 1 6- 1 $1.18% Electric (quar.) 5% 1 6. 30c (quar.)_ com. Co. Brothers Blumental 5-21 5-18 1 6-10, 32C (quar.) iquar.) Gas Valley preferred Blauner's (Phila.), 6-15 1 1 6-20 2%c Bryson 4.25% 1 1 & preferred 1 9- 6- 15c (quar.) Power Sivalls 7- 6- v 6-1 $1.25 (quar.)_ 5-11 : 2%c Bishop 7- $1.12% 5-15 6- 25c A $1.35 11.12% 5-11 $1.06% class $1.05 5-21 5-29 Co. (quar.) 1 5-29 , 6-3 (quar.) 6- 5-15 6- 40c preferred 25c 1 $1.18% preferred 40) 4 5-15 5-31 4.20% 6-15 5- \5-31 5.40% 5-18 1 16%C 5-14 5-15 1 6-26 Electric Blue. Ridge (quar.)_ 5-18 6- 75c Steel Blackstone 1 5-28 5-21 < Illinois— 6- 5-20 17 %C prefered (quar.) Son, 5% preferred 25c 15c preferred pfd. (quar.)_ (quar.)— Ltd, common (quar.) preferred (quar.)—______ Mfg. Co. (quar.) Bigelow-Sanford Carpet Co.— % % 5-13 5 16 %C . 7% 4 5-19 5-27 J75C Bibb Birtman 6-10 12 %c (quar.) Ltd.— Limeston^ & Cement Co.— (ijuarJ Bethlehem. 1 6-10 6-15 12c preferred Bird 75c 7- $1 Paper, Lake & Bessemer 5-27 50c. 6-10 40C preferred (quar.) Fine Spinning Associates, Bessemer 5-11 Y.) 6-10 1 Corp.- Howell 6-10 (quar.)^ & $5 Gossett 6-10 (monthly). 1 7- $80c Shoe Corp, 4%% Aircraft 41c 1 7- — 7% preferred (quar.) Beldlng Heminway Co. (increased) 12%c (increased) 1 $1.75 $1.06% (quar.) (A. S.) ' » 5 7- (quar.)___—_ Corp. Power Mfg. Co. Belding-Corticelli, 5-15 6- 6- 7-20 45c Laboratories, Inc»____—___ Laundries (quar.) Bell " 5-25 1 $1.25 quar.)___ (quar.)— Belden 7- - 6-13 7- 15C (quar.) Co A 6-10 ,450c pfd. $5 Co. (quar.) Canada, Ltd Co. Steel Class 6-10 50c 5-15 6- H.) of Mfg. 6- 8 (increased preferred $1 81 %c 1 Bangor Hydro Electric Co.— $1 1 RR, 6- t __— Aroostook & 5-29 .6-15' 10c 6-12 1 " 5-11 New Bangor 7- $1 * 5-25 (quar.) 6-12 6-12 t55c class A 5-25 : 6- t4c 5-25 each y5-22 40c $1.50 for 4-24 y5-22 1 $1.25 7% preferred (quar.)____________— 4%% preferred (quar.) (N. 1 1 40c 5-11 Co. 6- (quar.) conv. 1 6- ; Canteen Common Avondale 6-12 6- (s-a) Common Automatic 6-30 30c Ltd Mines, 6- 1 6- Ltd, 5-15 (quar.), Products 40c (quar.)_—____— Co. (quar.) 5-25 (quar.) preferred Metal 7-15 Wholesalers. Corp. 6-10 common preferred ; (quar.) Atlantic 8 6- 50c 50c Co. 5- 8 Co.— 60c (quar.) 5- 1 6-10 $1.25 (quar,)_ (quar.) 1 6- (quar.)_ com. 50c share Ltd., American Stores— Refining tlOc 2%% 1 6- Atlantic Co, (s-a) (quar.)_ 6- (Conn.) Common Corp. 4%% 5-30 RR. 5-29 6-15 15c 35c $1.12% » 5- 8 $1.12% Co. Line 6-15 : 4% % 5-30 6-15 Line Coast 4%% ,Cl 1 Co. (quar.) Coast 6-15 15c 25c Co., preferred 25c Louis)— 6- 5-25 $1.15 5-15 (St. 5-25 (quar.) common 1 pfd. 5-25 6-15 (quar.)_ Atlantic 37 %c (quar.) Metal Ry. 6- (quar.)_ (1 5-19 1 6-15 quar.) Fe 25c held) American 4% % Auto 40c dividend Light Co, preferred 6- 1 6-1 6-1 Machine & Foundry Co.— Common 6- 2 40c (initial Santa Atlantic Bell of 5-18 $1.25 Gas 6-15 (quar.) preferred Co. & $1.05 prior preferred (quar.) preferred A (quar.) 4%% 6-27 Co. 7-10 6-1 $1.50 1 Hospital Supply Corp. 7-31 $1.31% 1 Insurance 6-12 7" 2 i 40c 6- Steamship 1 7- (quar.) 6- Co. 7- $1.25 6-20 Co. 6-12 6-15 I 1 Inc. 1 25c Quarterly Atlanta Gold (quar.) 6-19 5 Topeka Aunor 6-15 25c Socket & Growers, & 7- 7-15 (quar.) $1.15 (quar.) 1 6- 6-1 6-1 6-10 6-10 5-20 7-1 93%c Power 6-12 7-15 Powder Co 6-19 6-10 5-25 6-12 40c 7- t20c 40c 70c Foreign 1 1 37%c ^ 6-15 Co. 1 6- 7- 20c (quar.) (quar.)_ Corp. Investment Atchison, Payable of Reo. preferred preferred Spring Atlas > 7-1 50c 15c $1.75 $1 7%c — & 1st 2nd 87%c : $1.35 6% Associated Atlas (quar.) Tiling 6- 6-15 59 %C (quar.) com. 7- Telegraph 6-15 50c 15c com. 20c preferred (quar.) Cable Co, (quar.) District 5.25% Dry .Goods, 15c 5% Encaustic Associated 5-18 (quar.) Extra , $5 Class A Co Co. 8 8 56 %c & Refining Co, preferred (quar.) preferred (quar.) Associates Holdert When 50c & 5- 5- 50c $3 Co. 8 (quar.) $1.37% Ins. 5 6- 6-1 $1 A Oil 5-25 5-15 : Line 47c (quar.) preference Automobile 6-. 1 preferred convertible American 6-15 *25c Cigar-Whelan 1 6- Inc.— 7- ,6-15 (quar.) Corp., 6- 6-12 (quar.) preferred 6- 75c 25c Mfg. convertible 1 B non-cum. Goods 7- 31 %c $25c (quar.)— com. 4% 6-20 5-30 10% 6-15 $1.09% Canada, 5-30 dividend 6-12 6- 1 (quar.) of 5-3Q 6-15 1 6-15 America— Airlines, 6-15 — Carton $3.50 • 7- — Stock 7-1 (Initial) preferred 6-15 65c 4%% 60c 7%c (quar.) of 6-15 (quar.) preferred (quar.) Artloom Carpet Co ___^_ ______ (quar.) Ltd. Co. common 4 5- 4 27 %c convertible preferred (quar.)_ Equipment Corp, common (quar.). 7-2 7- 2 Co. Aluminium, 6-15 7- 4 5- 1 93%c 1 125c (quar.) Corp. 5- 1 6' 10c RR. common 1 6- 34%c (quar.)_ com. class 6- Ltd., com. Mfg., common (quar.) 3%% convertible preference (quar.) Alpha. Portland Cement Co. (quar.) $1.16 (quar.) Co., $2.50 Dye 6- 62 %c (qt'ar.) 6-29 $27'/2c Corp., common preferred (quar.) 1 |United-Carr Fastener Corp. (quar.) $3.50 4% 1 Ltd & & 5- 4 4%% Aro 4.60% common Co., 4-30 1 27 %c (quar.) 137%c Youngstown 1 6- 20c 6-15 15c —. Allis-Chalmers 7- $1 1 1 4-30 6- 22 %C 6-10 , 1 37%c 25c —— Stores 7- -<br/» 6% Allied 7-1 25c 1 B 6- t$1.12 % quar.) 7-28 Share (quar.) Allied Laboratories, Inc. 8- preferred (quar.) Union Sugar Co. (quar.) ♦ Gas $1.31% Underwood Vnited Allied iquar$1 $1.14 ; Co., 25c (quar.)_ ( preferred f25c — 66- 6-15 6-15 7- Class Ltd.—• participating preferred Participating 7- (quar.)- (qr.ar.) tl5c Gas Rubber 5-11 5-15 59 c Power preferred 5-22 1 1 (s-a) $1.16% Toronto Board 1 — __—— $1.15 Ltd., 6- $1.12% (quar.)___ $1.16 iquer.)____ Corp., 6-20 $3.75 Armstrong 3 ' 1 t4c 6% 6-20 6-30 5.50% American [Toklan Royalty Corp. United Finance Aluminum Amusement 3 $1.12% (s-a) Chemical 5 . Class 6- 6-22 6-12 Steel Corp. (quar.)_ Armstrong Cork Corp., common $4 preferred (quar.) 6-3 6-26 50c (quar.)_—__________ & Allied 1 6-10 1 (R. 5 preferred A iquar.I—— Textron. Inc. (R. I.), $1.25 conv. pfd. ✓ 5-28 6-26 Ltd Co., Paper Corp., Allied 5-29 6-13 Allen 5 common 6-10 50c 37 %C - 6-30 6- preference Western 6-22 20c preferred (quar.) 5%% preferred (initial Arkansas 6-30 .6-1 Armco & Western Ry. guaranteed (s-a)_ C.) Business Machines, Inc. (quar.) 6- Corp. 1 , preferred 6- St. 6- (quar.)__ AUegheny-Ludlum Steel Corp., 6- 6- Saile 6-15 6- 5-11 75c (quar.) (quar.) Arkansas-Missouri 1 $1.25 (quar.)— $3.50 prior preferred 'quar.)__ Alabama Power, 4.20% preferred (quar.) 44.50% preferred (quar.) 6- ■ 5-29 5- 8 3 9 70c 5 6- 1 7- (quar.)__ 6- 6-15 6- pfd. (quar.) Ltd., common convertible 3 6- $1 6% (quar.) Gas 1 4% United Co. Canton 1 com. Co. partic. preferred 50c 5-21 $3 $3 $2.50 $1.25 1 tl5c (s-a) $2.36 50c — & preferred 6-15 ' t Akron Alabama 6-15 1 Ltd. (quar.) common 5-20 — ____. 1 . Mills, 6-15 19. (quar.) Co., Public $1.10 6-26 6- 30c 1 5-20 7- 3 t20c Corp. 4%% 5-28 1 7- tl5c Co., Corp., 6-26 8- $2.25 Iquar.) 1 1 5-15 1 Co.— 6- 6- $1.25 (quar.) Corp. Air Reduction Co., Inc., common 4.50% preferred (quar.) 7- 1___1 Oil Arizona 1 6- (s-a) 7- $3 common Mfg. 7- Corp. Gas System, on Co Door preferred 7- . 6-15 5-26 6- Co.— 50c (s-a) convertible preferred (quar.)________ Standard Engineering Co. (quar.) Agnew-Surpass Shoe Stores, Ltd.— 5% 7- 20c iquar.) 1 6-15 6-15 31 %c Service, common., preferred (quar.) preferred (quar.) 5% $1.06% La 7- Farms Argus Corp. Iquar.) _______ Aetna Ball & Bearing Co., com. (quar.)_— 35c $1.02% South 3 a 25c (accum.)_ Development Inc. preferred 50c Aetna 15c (quar.)—______ 6% 6- t30c Telephone Arden 6-15 5- is-a) Ltd. Archer-Daniels-Midiand 30c 1 iquar.) 5-25 Argo 6- 25c Newfoundland Cotton 1 5-29 75c $1.25 preferred 5-21 ' — 1 pfd. 5-25 1 (quar.) Smelting Corp., Anheuser-Busch, 7- Aerovox ; 6-11 L— 25c iquar.) A 5-15 6-15 7- (quar.) $4.50 Canadian Class & preferred Co., National Anglo Anglo 7-15 — (Boston) common Mines, Corp. Iquar.)'_____—— com. 6- —— 1 : $1.25 40c — Andian Lead 5-12 5-29 12 %c (quar.) prior $1.25 Aeroquip 1 $1 — $5 5-25 6-15 6-15 30c Sugar Refineries, $1.20 class A (quar.) 5% preferred (quar.)___. iquar.)—______— Twentieth Century-Fox Film 40c action Co, (quar.) preferred $1.50 preferred Elevators, Ltd.— iTruax-Traer Coal, common $2.80 preferred (quar.) 6-12 1 $1.50 — Inc Power 50c [Todd Shipyards Corp. 7- Common Amosiceag 6-20 7 Zinc Arcade prior( preferred Common 5 12%c [Texas Utilities Co. (quar.)—; j^eXtron, Inc. (New Hampshire)— Unipn I, preferred Stores. 8- 7-15 _ j-5.,40% preferred (quar.) ___ [Texas Power <fe Light. Co., $4.56 pfd. iquar.) ♦ 208 M. $1.25 !_ (quar.) Thrift (quar.) Name of Company 6-15 6-15 25c (quar.) —i [Time, Inc. [Tobln Packing Co., common J 7% preferred iquar.) 1 8-20 Per $1.50 Corp. preferred 8 2 7- 25c 5-29 56%c preferred 6- 7- 25c 8- — Gas Transmission Corp., 5 preceding table. 5-29 6-15 35c _______— $4.64 6- (quar.)— (quar.) preferred iquar.) ;"*5.10% preferred iquar.)— (-5.25% preferred iquar.) [Texas Electric Service, $4 pld. $4 6-15 40c iquar.) 6-10 Wire — (reduced quar.).. preferred 6-12 Steel Co. iquar.) %4.65% [Texas 1 24c (quar.)_____ $4.56 5-29 Acme iquar.) preferred (quar.) (G.), Ltd ^4.60%- preferred •.'4.64% preferred 5-29 6-10 !____ (quar.) Tennessee Gas Transmission, 6-20 6-20 6-30 we Ainsworth yExtra Tennessee American give the dividends announced in previous weeks and not yet paid. The list does not include divi¬ dends announced this week, these being given in the t5c Tamblyn ♦ 7- Below 5%% (James), Inc., common iquar.) preferred (quar.) 5%% 6-15 1 75c (quar.)— Mining Co. 5-29 Co. $1.50 J pfd. 6-20 ■■ Common A— $5 Glass, 5% t25c Spring & Wire Corp. Youngstown Steel 1 ______ Clothier, Window 6- (quar.) class 6-30 1 1 T—_____———: Corp. Sunshine Extra 5-15 1 „ Sunbeam 5-15 6- 6- Co., class B common—. Webster, Inc. Mills, Products 50c (quar.)— Bear (L. A.) 6- Standard Tube Stonecutter Stroock 1 $1.06% Inc. Vitrified 25c Yellowknife 6- iquar.) preferred (s-a) (quar.) American 5-25 75c (quar.) Co., 5% American 6-30 , Electric B 1 6- 6-15 Lothrop, Yale & Towne Mfg. 5-27 $1.25 Corp. Class 6-12 $1.16% Bros., Foundries 5-27 (quar.) no convertible 6-15 iquar.) preferred conv. & 4%% 6-15 , Steel American Thread 1 5 Co.— (quar.) American 6-3 6- 6- 75c Refining 6-24 25c & 6-12 25c 1 6-10 25c 6-15 $1.05 6- 6-20 $1.75 Co. $1.25 6-15 $1.25 (quar.)_ Sanitary— (quar.) Tobacco '1250 pfd. Co. American 3 1 $1.18% 5% Standard $1.01 ——> ' 0-15 common 5 1 6- 1 6- (quar.) preferred (quar.) Common 6- 6-15 6-15 Common 7% 6-15 $1 35c (quar.)_ W'orthington Pump, common (quar.)—_— 4%% prior preferred (quar.). 20c Sparks-Withington Co., 6% pfd. iquar.) Spear & Co., $5 2nd pfd. iquar.) Stone 8-14 Electric— Investment, preferred iquar.) Sprague 8-14 1 $1.12% Southwestern & Payable 50c 50c 6-20 7- 6-30 ___— preferred, (quar.) Sperry 1 & preferred 25c Co. 6- 6-15 t50c .V- meeting held on May Machinery Corp at Newspaper 5% — — Service 5-20 Acme iquar.l Southwestern 1 6-5 iquar.) common iquar.) 5% 6-12 9- $1.18% preferred Spalding 1 5 —$1.25 preferred 6- 6-30 basis iquar.) common 4%% $1 Woodward 9- 75c iquar.) : 4>/4 % 5% Wood 5-20 7- $1.20 (stock dividend) to 'split Gas, 5-20 37%c preferred 4.65% 5-20 6- Co.— company preference preferred 1 50c 27c pfd, shares on a 2-for-l convertible 5% 6- $12%c 430c f$1.25 (quar.)_—...—„—.—»% 40c <quar.)_ Electric & Lines, Smelting 62 %c took Acadia-Atlantic iquar.I Railway Co. authorized com. 1 30c __ (quar.) iquar.)— Southern Pacific Co. ICC 1 6- $50c 15c _ preferred Southern iquar,) iquar.) American -- Pulp & Paper— Ltd. (quar.)__ payment Edison— original pfd. preferred iquar.). 5 30C Products, Directors 83c .• partic, 4.32% 6-10 +25c preferred 6% 6- $5 Virginia 5-20 6- 25c $1.12% . French Laboratories & California Southern 1 1 6-15 10c 25c .— - iquar.) 1 Co. (quar.) Co—________________ Wilcox & Gibbs Sewing Machine Co.— 5% convertible preferred series A (s-a) — 5% convertible preferred series B (s-a) — 6-15 1 7- tlOc flOc (quar.)_ common 7- Weyenberg Shoe Mfg. Weyerhaeuser Timber 1 6- $1.12 A iquar.) (Initial) B Ltd., Seating $1.37% — Western Real Estate Trustees of Preferred Silknit, West Westeel Young a__— preferred $4.50 6- 7- 12Vic : iquar.)_ America— Class A common (quar.)——- . American preferred (quar.)——— Virginia Coal & Coke Corp. <quar.)___ West 5-29 6-12 25c Hoist & 1 Iinvestment iquar.l Co. Crane 1 5-20 6- 1 6- 75c iquar.) Paper Co._— Weatherhead, I 6- (quar.) Waterviiet Radiator 6- ' common President American 6-15 — preferred $6 5 6-15 —$0.2968% <quar.) ■ International (Frank Shoe Corp. 6-19 Co., A American 3 6-15 Washington Water Power Co.— Common (increased) 6-17 42c ; Co., Ltd., common 4% participating preferred Shepard-Niles 1 G- Seiberling Rubber Co., common (quar.) ■ 25c 5% class A preferred iquar,$1.25 prior 6-16 7- iquar.)— Inc. Canadian .4%% G-17 1 7- —$0.2937 Co. preferred Lines 6-16 3 7- Mfg. Co., common iquar.l—,•, 3.65% preferred iquar. i Second 1 7- & Class 3 6-12 30c (quar.) (quar.)— (quar.) Inc. System, Walker 5-29 5-12 7- 50c 91 Vic $1.07% iquar.)^-_^^.^»^--^^^-,;:: 60c Sccvill Waldorf 1 5-20 $1.25 (quar.) 50c —_____—$0.2968% iquar.) A iquar.) 4%% preferred B iquar.)—_ 4.70%* preferred C iquar.)—! Seatrain 6-15 6- 6-12 —50% preferred A *, 4.30% 1 6- 45c Co._ prior preferred Fair Mills, Inc. Viau, Ltd. > Viking Pump Co 6-16 ' When Share (quar.) B (quar.) preferred A (quar.) $4.75 preferred B (quar.) 6- 6-12 6-12 ; • Chemical, cl, A Class 30c common Vanity & $4 — Virginia Electric & Power Co., com. $4.04 preferred (quar.) $4.20 preferred (quar.)_— $5 preferred iquar.)—-. Virginia Iron Coal & Coke Co Visking Corp. iquar.) Wabasso Cotton Co., Ltd 6-15 1 7- 0-15 6-12 : (quar.) _ Id,an Jose Water Works, common » 6-12 5-29 7 Potash $1.50 — - dividend preferred 4%% 96- —— ' 5% 1 7- of Company American 43%c (quar.)—' (quar.)— Y.)— iN. — Joseph Light & Power Co., com. Stock ' 5c --—— Plastics Reinforced Class 7- , 40c 75c Bros. Riley Stoker Corp. Rotary Electric Steel Russell 1 6-16 25c (quar.) $5.50 9- 9-11 7 25c common Light & Power 6-12 7- 20c Corp. Valley Mould & Iron, 6-15 :— common preferred Match Utah 10- $1,37% —— 40c ——35c (quar.) Co., non-cum. 6- 50c Co. Richardson Tobacco S. 7% Universal 6- 6- 5f? —- preferred iquar.) Paper Co. iquar.) — Rhinelander - , 50c 15c 25c convertible A 7-15 20c (quar.)— Co. 5-25 — common— 6-20 $1.18)4 30c 50c Inc Motors, B Freight S. 6-11 $1.25 iquar.) preferred iquar.) (quar.) — 4%% Stores, 6-15 Inc.— Mills, Brothers, 6-15 10c — prior preferred Red Owl Reeves 1 1 U. 5-29 7- (Washington, Real Estate Title Insurance Co. class Co., Foil S. Class U. 6-10 75c (quar.J_^ Cos. (quar.) Co. Per Name Payable of Rec. 25c 5-29 50c 50c Raybestos-Manhattan, Inc. iquar.) —_ Rayortier, Inc., $2 preferred (quar.l __ 4 1 7- |2 U. 5 8 6- 6-13 c preferred iquar.)_i.-.-—: 93%c: Inc. (Pittsburgh) i quar.l 2%c 3%% - 6G- 6-15 50c <quar.)__. common (quar.l Fruit Coal Electric United 1 7- J>c Co United 1 G-30 6-29 owe 40c $1.18/4 75c JOc • 5-29 6- C-12 — ——— y: 6-12 75c ______ Co. <quar,)__ $4.75 pfd. (quar.) Service Public iquar.)— Consolidation Coal Co. Forgings Co. iquar.) Oil Co. iquar.) —— Pittsburgh Holders When Per Share Same of Company Payable of Reo Share 1 Holder• When • - Monday, May 25, 1953 Borg-Wamer Corp, .3%% preferred common (quar.) $1 5-15 5- 8 5rl3 6-1 6- 9-15 12-15 o- 1. 12-1 Boston Fund, Boston Real 87 %c (quar.) Estate Trust (quar.) 1 6-17 19c Inc. 5-25 4-30 50c 6- 5-23 1 Number 5223... The Commercial and Financial Chronicle Volume 177 (2255) 11 " When Per Name oj Company Boston Woven S% Hose preferred Bower Roller Share Rubber & (s-a) Brockton Gas, Shoe B Brunner pfd. pfd. preferred 7- 2 5-29 7- 8 5-29 7-8 5-29 Co. Oil Buffalo-Eclipse Bullock's, Chateau-Gai 25c 6-12 5-22 5-31 4-30 25c Hill trating Co. Burlington 3Ma% Steel Co., Burrard 5-28 5-27 5-18 1 5-15 6- 1 8-1 5-15 7-13 6-11 5-14 6-1 • 5% Cities 5% Dominion 10-29 10- 8 1$3.50 Clearing Cleveland $4.50 Vinegars, 6-10 7- 1 5-27 6-15 Coca-Cola Co. 7-28 6-26 Coca-Cola International Ltd Ltd.— 1 6- 5-29 4% Terminals Fairbanks-Morse Canadian Food 4Ms% Products, preference Canadian From Fund, net Canadian Class 5-11 6- 1 5-15 7- 2 5-29 Electric International common Canadian Ltd. 4V2% 7- 1 7- 2 6-15 7- 2 6-15 1S1.25 6-26 6-12 110c Ltd.— -5% & 137Vic 125c 75c Carson (J. 7% .1 preferred A Class A Clas3 B Class 1% Central Detorit 4% — 6-12 1 6-12 5-30 5-14 8-15 Public preferred 112&C ' 8-31 - - *25c 50c 8-31 - 8-15 ~ 11-30 7-10 11-14 6-30 6- 1 6- 1 6-25 $1.25 (quar.)_ j ,7- 2 3c (quar.) com. " 5-14 , ._ (quar.) tquar.) 4.50% 3.50% k _ 4.60% C% preferred conv.' 4.70 55c $1.12(4 30c $1 1 $1.23 $1.31 Va 5% preferred $1.12 M2 7- (initial Co., quar.) common (quar.)_ (quar.)_ — (quar.) preferred 3(quar.)v- $3.75 $4.25 6-30 6-30 6-18 6-18 6-18 • 5- 6 —— 1 6- 1 5-15 30c 87y2C $1.15 6-30 7- 1 7- 1 6-10 6-10 6-10 $1.50 6- 7- 1 Stores, 5-15 Ltd. Corp. 6-10 5-21 Dr. 1 5-21 1 5-13 6- 1 5-13 7- 1 6- 6- 1 5-13 35c 6- 1 5-15 6- 1 5-15 6- 3 5-18 6- 3 5-18 6- 3 5-18 25c (s-a) 6- 5-15 8-15 8- 5 11-16 11- 9 6-10 5-20 $1.10 6-15 5-20 30c 6-10 6- 25c 6-26 6-12 75c 6- 1 5-22 6- 1 5-22 Pepper Cb. Co Dominion G- 5 5-22 6- 4 5-15 Dominion Stores, 6-10 5-15 Dominion 9-21 Dominion 6- 6-15 6- 1 6- 5-15 56V4C - 1 6-26 6- 6-17 Paper 5-30 6-15 5-15 6-15 5-20 1 5-15 Dun 1 6-15 1 6-13 6- 1 5-15 Duncan J50o 6- 1 5-1ft 112c 6- 1 5- 1 6- 1 5- 1 Duriron 30c 5-27 5-13 5% *37 MaC 5-29 4-30 5% $1.13 (quar.) 7- 6- Co. 1 Continental Life Oil Electric East St. ' 4-15 6-12 6- 7- 6-15 1 (quar.) $1.13 (s-a) *$1.20 7-15 20c 6-26 — 7-13 , 6- 5 60c 6-12 6-22 a 25c 1 1 1 6- 5 5-20 Paso Paso 4.10% 5-21 5-18 5^18 5-22 ,6-10 5-29 3% 1 6-10 50c Copperweld Stsel Co., common (quar.) 5% convertible preferred (quar.)— 6% preferred (quar.)—1—1. Corby (H.) Distillery,' Ltd., class A 6- 5-in 6- 1 5rll 5-15 25c (accum.) $1.75 7- 1 B-,5 $1.50 7- 1 67 5 6-t2 5-,i 50c 6-19 5% 5-29 50c 5-25 5c 6-30 6-30 6-10 6-30 6-10 *25c preferred 6-15 preferred $1.06 V* 25c -6-10 6-19 5-29 5-26 1 5-26 6- 1 5-15 $1.06(4 (quar.)_ (quar.) 6- $1.34 ' 1 6- $1.37 Ma — 1 6- 1 5MS 5-15 5-15 6- 1 *5-15 25c 6- 1 5-25 Corp. Elgin National Watch Co. (quar.) Ely & Walker Dry Goods Co., com. (quar.)_ 25c 6-15 5-15 15c 6-18 5-^23 6-i 1 5-I2 7-15 6-23 7-15 6*23 Electrographic 5-27 '6-20 7- $1.02 Ma (quar.) Electrolux - 1 6-15 30c $1.12 Ma $1.10 1 ' 7- ' (quar.) (quar.)___ 1 7-15 5-29 $4.40 5- 6-15 6-12 1 5- - 5-29 35c 5-29 , 6- 1 •. 6-12 $1.06(4 1 10% 6-12 — 6- $1.31(4 ;; 5.-18. $2 52M2c (quar.) 6- 6-16 6r*0 , Gas. preferred preferred 1 6-26 5; a , (quar.) $4.25 convertible 2nd preferred 1 6- (quar.)__—_— * —.i (quar.) preferred 6-10 30c , A (quar.)_ 1 *35c • quar.) common 75c ■; (quar.) Stores, Inc.— Electric, Natural 6,- 1 12Vac preferred 6- *35c 5-19 5c (Increased 6-10 (quar.) 6-10 $1.50 _U 1 62 Mac Class B 30c 4-27 . 1 $2 pfd. (quar.)__ (stock dividend) Co. 5% % 5.36% 5-25 5-21 6- Associates, 4(4% ' 7- 8 ; Brothers $4.50 El 5-29 6-12 - preferred * (quar.) 4 Va % El 61-0 6-10 $1.75 (quar.) Kodak Common 5-15 1 25c — 5-11 6- 5% Edison 5-11 6- 50c — 6- 75c *15c (quar.) 5-20 7- 17 Ma % •' Eddy Paper Co.,^ Ltd., clas3 Eddy Paper Corp Edgewater Steel Co. (quar.) 5-18 6-10 preferred Sugar 'Extra 5-25 50c (quar.)_ 6-15 6-10 17 Mac (quar.) ' 2 7,-1 40c .(quar.»— Mfg. Co. (quar.) Economy Baler Co., common 5-13 1 6-.1 25c ,( , Corp. Eastman r 20c _____ 6-30 6- • 31V.C 5-20- 6-12 $1.12Ma dividend) (stock preferred 5 5-29 Louis <fc Ipterurban Water Co.— ' Eastern 6-15 A 8c 8-21 5-25 15c series 5-25 11-21 6-16 20c Stock, dividend 6-10 1 6-15 15c" —1 com. 1 5-25 Eaton ' Corp., 6- 6-10 717/8c (quar.) 6-15 (quar.) Electric 6-15 25c 12- 6-30 Copeiand Refrigeration Corp.— Increased quarterly * Cornell-Dubiller 1 933/4C 31M.C prefered 6% Copper Co. 6- 1 10c Cooksville Range 6-15 9- (quar.)__V__—___ Co., common 40c 5-21 31M4C Eastern preferred 6-19 (quar.) 5-18 .___ 1 preferred 6-15 (Toronto) 7- 1 6-15 preferred 6-19 50c ; 1 Co. '(quar.) 1 (quar.) (quar.) 1 —; 1 7- 6- preferred 6- 6- 12 Mac 1 ; (quar.) Varnish 6-23 Mfg Ltd.— 6- (Del.)' & 7-15 1 50c 7- Corp.___ prior 6-23 income 7- 4Va% Paint 7-15 $1 50c Insurance Co. 25c 5-15 10c 93a4c Fibre Co. 5-15 31 (4c 7% ' Motors 1 6-17 1 (quar.) 60c ' Continental 6- 6- 5-15 $1.75 $1.06 Mi Common" (quar;)— 5% preferred (quar.) Co. 6- 6-10 (quar.) (quar.)— Commercial 6-30 15c common common 5-20 Continental Copper & Steel Industries Inc.— Continental-Diamond 25c *30c 2 Mac Eastern States Corp., $7 pfd. A $6 preferred B (accum.) preferred (quar.)__ preferred (quar.) 2 1 (quar.)__ (quar.) deposit receipts ordinary (final) & Chemicals, Inc. (quar.) Co., 76- preferred • 40c (quar.) 2 5-29 (quar.) Corp. Eagle-Picher Co. 6- 5 , 3 7- Laboratories— Duro-Test 3 " (quar.)____ common 6- 1 $1 (quar.) of America Co., 7- 1 Co. B.i Rubber, 5-15 5-18 25c Plastics 5-25 $1.12Ma 8- *25c (quar.)— Investment (A: American 45c l_— *10c (quar.) Electric Dunlop Durez 5% (quar.)_____— 5-19 5-15 _i._ preferred (quar.) Bradstreet, Inc., com. (quar.) preferred (quar.) 4Vu % " 5-30 6-15 convertible & 77- *30c 2nd Continental Gin net Mont 53c 5-15 5-18 6-15 ' (monthly) California Co., Driver-Harris 6- 1 *15c 33/4% preferred (quar.)_ Drewry's, Ltd., U. S. A., common 53/4 % preferred (quar.) Dreyfus Fund, Inc.— 5% — Co. Ltd. of preferred From 6- 5-30 *10c t Co. 6-30 25c Fields Chemical Du 1 *62 Mac iquar.) - *75c (quar.) 6-30 Ltd.— (quar.) Brothers, Oil 18%c _ 6- Corp., 4% preference (quar.) Dresser .Industries, Inc., common <quar.)_ 6 1 Ltd.— Dravo 5-15 5-20 *25c Ltd. Industries 7% 6- 7-30 $4 preferred A (quar.) Dow Drug Co., common Co. Assurance Can Monthly 12-10 5-15 5-25 Tar Donohue Dow 6-1 *$1.25 Investments, preference Dover 5-15 6-10 (interim) Dominquez Oil 1 10c Corp., Steel, Ltd & Chemical, Ltd.— New common (Initial) $1 preference (quar.) 5-15 6-15 Scottish Common 5-15 1 5c Structural 1 6-10 6- J17MaC ^ 6-15 1 6-25 15c (quar.)__ Mfg. 5-15 6- 6-15 25c 5-22 6- 1 J30c (quar.) 1 „ 5 $1 5 9 6- 12- 4 40c 6- 5-25 5-15 6-15 12-15 50c (quar.)_^ 6- 5-29 8 37 Mac — Dome Mines, Ltd. (quar.) Dominion & Anglo Investment 5% preferred (quar.)_ 5% 6-1 75c (quar.)___ Inc. Doernbecher 6-19 12-15 — (quar.) (quar.) Casualty Co. $5.25 5-18 6- " 6-30 10c (quar.)_ Co., Ltd., class A (quar.) Cooper-Bessemer Corp. (quar.) 6-30 1 6- 9-10 (quar.)_—. Inc.— Cook 5-20 6- 9-15 Corp. Continental $3 5-18 933,4c Extra 5-21 * •' 1 1 10c Houses 55c (s-a) 6- 5 6-12 1 6-10 (quar.) Cook 6-10 6.-1 Corp. 5-15 1 6- 6-15 Y.) (N. 5-15 $1.17(4 (quar.) Power preferred - 5-15 66- (quar.) Dobbs Securities, Continental Co. dividend) preferred Maine ■fc 1 50c (quar.) Co. 5-19 50c 6-19 - " Central preferred 4% 6- 137 Mac ; common 6- "■ v.11-14- 5-30 preferred *10C Continental (quar.) Electric *25c 125c J ' (quar.) preferred preferred (stock • - (quar.) Service, Sy4% Louisiana - f$2.50 preferred 4.92% Common 1 7- :_____ . Illinois Central 7- "• , Light Co., common preferred tquar.)_ 4(4% Continental 5-22 .^12M»o --11-30 Illinois Central Continental 5-15 6-10 ——___ 5% Corp. .6-1 - 4% Cement Car Distillers Corp. Seagrams Ltd. Dixie Cup Co. (quar.) Douglas preferred 5-15 X12Vbc ts-a)__ Foundry, Central 4.52% Container .0-1 37 V2C $1.75 Retail 4.50% 'preferred 45c . Laundries Power $l.I2Ma _____ Warehouse Central 6-23 5-15 . Co. Utilities Glass, 5-25 ___ Ltd.— Investments, Ltd. Canada preference ; 5-15 50c 8 (Toronto)— preferred non-cum. Power <fe Consumers . 1 75C 1 40C (quar.) Water, 25c B Central 1 6- $2 5- 20c Corp. Aircraft 6-8 _____ (quar.) (quar.) (quar.) Class B (quar.): Celtic Knitting Co., 1 20c 30c 6-16 5- 4 5-15 30c 6- ■ 4 1 25c 6-30 6-15 4 9- 12- 6- (quar.)___ 6-1 1 9-24 12-24 35c 6-12 Management Corp.— Vultee Consumers 7- 1 6-1 Corp., 20c Consolidated 6- . Motor 17 Mac (s-a) 6-13 t40c (quar.) _^_ (quar.) B Consolidated ,$2 " Ltd.,-elaa* A (quar.)./ ' Class 5-22 5-15 Portland 1 4 50c (quar.) T 6-15 (quar.) 6-10 6-1 preferred Dictaphone 6- preferred 35c 6- 5 % Diamond 10-10 4 6- $1.75 5% preferred (quar.) Diamond Alkali Co., common (quar.) 4.40% preferred (qu&i'')~__ Diamond $5 6- 6-24 25c 25c (quar.)_ Consolidated Textile Mills, Ltd. (quar.) 5% preferred (s-a) Consolidated Theatres, Ltd., class A (quar.)_ 5-20 6-30 - (quar.)__r CfctelU Pood'Products 6-10 .' 6-16 25c 6-24 97 Mac 40c ' 4ya% 50c pfd. Plywood Corp, i (qti*r.)_ I.) Co., common (quar.) Class '« $1.06!/4 (quar.) (quar.)_—_ Pirle Scott & Co., -4 V2 % Cascades $2.50 Common 5-20 5 ' 6-16 25C 8 6- 93 3/4 c Supply Co. of N. Y Tramway, 1st preferred 1 (quar.)_ 5- 6-5 preferred 10c (s-a) 5-22 1 (quar.) (quar.) 1 8c 1 5-29 7- common 7- 50c (quar,)—_____________ Cigar Consolidated 6-10 < $1.25 ; Corp. Ltd., 6-10 7- 1 A debenture 7- 50c 9-15 1 (quar.) 5-25 6-30 6- M -7- (quar.)__ 5-25 31M4C • 6-15 75c (quar.).__ com. *25c — 1 Co.— 6-10 1 >-* O 40c (quar.)__ 87 MaC Coppermines 40c , Carolina Telephone & Telegraph 'Carpenter Paper Co,, common Carpenter Steel Co. tquar.) Carrier Consolidated 6-29 6-10 preferred Power Consolidated *, 5-16 . V, 7-1 —_—.__ (quar.)__——___ Lines Mfg. common 6-10 1 7- 12»/3C (quar.)_ (quar.) 62 Mac ———V Edison Ltd.— (quar.) 4(4% 6-16 10c Gas ' 75c Co., 6-16 1 *37 Mac Consolidated 7-15 (Philip) Mfg., common (quar.) preferred 'tquar.) Carman 1 7- *37 MaC Consolidated 6- 1 tquar.) 7- *37 MaC 5-15 120c Boxes, IOC (quar.)—;___ Co. Association 4-15 Gas— $8 5-16 (quar.) Life Consolidated B__——. Co. preferred Connecticut 5-15 5 $1.12 Ma (s-a) Detroit-Michigan Stove Co.— 50c Extra *• "B" Carborundum 1 1 5 1 _— A com. Service 6- 1 *$1.12Va Natural A 6- 6- A Co., Properties Air Voting 6* (monthly) common (quar.) Paper Co., Public 6- 5c Dennison 5-15 $1.12 Ma (quar.) Consolidated Diversified Standard $1.25 6-20 1 5-25 Semi-annual Trust, — Mills Co.; common Common — Investment 1 6- 8 Quarterly Quarterly Quarterly 6-12 tquar.) preference Cannon • t$2 110c (resumed) Wlrcbound class $1.50 4% 5-15 common— (quar.) Western preferred Canadian ' 1 (quar.)_ — preferred 4% Case 6- (quar.) Refractories, Canadian Carey 110c Co., Ltd., Canadian Marconi Co. 5% income Ingersoll Rand Ltd preferred Locks Confederation Ltd.— 120c Canadian Co. Connecticut Investment Ice M? chine Ltd., 6-3 !25c Delta 7- 6- Compo Shoe Machinery Corp. (quar.) Cone Mills Corp., common (quar.) 11-11 A Canadian Co., Carbcn Community Inc.— investment General Canadian 7-2 1 6- common preferred Monte 1st class A Columbus Mutual Life Insurance 6-11 (quar.) <quar.)_ Co. Combined *$1.12Mt Ltd. Elevator & 6-1 12-11 5-20 1 class 40c Columbia 185c 6-10 7% Del Denver (quar.)_ Broadcasting System, 185c (s_a) 5-20 28c Co. Milling 150c (quar.) Dredge & Dock, Ltd. 5-22 6-10 8 ^___ Interstate Gas 5-29 Semi-annual Co., 1 8 ________—___ Colorado 7- 2 1 6- '6-20 (quar.) 6- IOC _1 (quar.) Columbia !25c (interim) 6- 37 Mac 50c C & 5- (quar.)__ Colorado Ltd. 9-18 6-15 15c preferred Deere 5- (quar.) 6-15 Breweries, 5-29 62 MaC (quar.) Products 5-15 5-15 8-18 6-15 $1.12 Va (quar.)___ 1 (quar.) common 5-15 5-15 Canadian Inc., 6-15 6-1 2 9-29 common 3.90% 5-26 6-15 40C 7- 2 5-30 7- $1.75 B 1 (quar.) pfd. 6-15 120c 5-15 5c (quar.)__ preferred 6- (quar.) 125c 5-29 (quar.)__ 6- 5-1 __________ _ 5-15 40c (quar.I 25c Ltd. $3.50 Co. 7- 2 Inc. A Light $7.40 Power t$1.25 6-13 5-29 $1.75 3.75% 6-10 7- & $1 (quar.) Equipment, preferred Color-Craft 5-1 6-13 6-30 $1.75 A Class (quar.) Central Ltd.___—_——_ Ltd. Stores, Columbian _____ 5 25c Colorado 6- 1 6- 8 G-30 Dentists' 6-10 6- 1 30c (quar.) I preferred 50c 2 1$1.25 , A 5- 50c Ltd. Power 20C 7- *$1.25 (quar.) class 3.75% $1.50 (initial) 160c 1st pfd. 6-15 Leather, Dayton 5 15c 150c . ______ 5-11 6- 87 MaC 150c : 1 25c 130c ... Bakeries. Canners, Co. Farm preferred 5% Corp Ltd.— Foil Colonial 5-11 6-15 |37MaC 6- 6-15 75c (quar.) Colgate-Palmolive-Peet, 6-1 5-25 5-13 ■ $1.25 Collins & Aikman Corp 7- 2 , 6-10 ———.____ Cockshutt 5-20 5-25 Class A (quar.) Cushman's Sons, 7% preferred (quar.) Dahlstrom Metallic Door Co. (quar.) 12 MaC Cochran t$1.50 125c Ltd 5% Clorox 5-15 > Canadian Canadian 5-21 Extra Canadian' Canadian 5-20 1 36c Foods, Inc., common (monthly) (monthly) convertible preferred (quar.) Chemical Co. (quar.) 15c (quar.) (s-a) 1 6- (quar.) Corp. 4ya% 6-10 (quar.) 6- $1.12(4 common 40c (quar.) A Davis Clevite 34%c —~— Mtge. A 25c (quar.) new 2 1 $1.75 Corp., Class Common 8 Curtiss-Wright Illuminating Co.— betterment 1 6- tquar.) Class ; (quar.) 5-15 6-20 preferred 5-14 Cleveland & Pittsburgh RR. Co.— 4% guaranteed (quar.) Steamship Lines, Ltd.— Panada Electric preferred 6- 40c class 6-14 $1.25 (initial) 7- *$2 Mfg. Co Publishing Co., $4 prior pfd. 8 Mahoning Ry. (s-a) Corp.— 15c . Forgings, Safeways, Ltd., preferred & 5-5 B-15 6- 6- $7 6-12 45c (quar.) Stores, 6-24 Machine 6- 1 50c 8-18 5-15 1 5c Drug convertible Curtis 6-11 5-19 5-29 1 $1.05 __ Ltd Co., (quar.) (quar.) 50c preference 6-1 *32MaC 1 6-15 4c (quar.) Clothing, 50c 6-25 7- 6-10 (s-a) 56 (4 c common 15c 75c 7- 1 9- 7-15 7- :___IW 2 Mac Clearfield 6-30 5-18 $1 Co., common (quar.) preferred 5-22 7-30 5-11 1 1 25c 4Va% pfd. (quar.) 4ya% preferred (quar.) Curtis (Helena) Industries, Inc.— Chattanooga— Equipment 7% 1 8- 5-22 30c 10c Hosiery Co. (quar.)___ Clayton & Lambert Mfg. C6. (quar.) 8 6- 6-10 6-10 (quar.)__ . Curlee 5-11 40c Claussner 5-4 5-18 1 6- 6-30 Sugar— preferred Cunningham 8 6- $1.25 (quar.) (quar.) 31ViC quar.) —; pfd. of 6-12 5- A (quar.)_ preferred Curtis (quar.) convertible 5-13 6-15 6-10 6- Sugar Co., & Permanent 2nd 10- 8 5-15 Malting Co., Ltd.— Canada 10-29 5-20 $1 (quar.) preferred 5% 6-15 (quar.) Extra Canada 7- 8 50c (initial (quar.)_—__ Iron Foundries, Canada 7-29 1 5-28 Paclflo (quar.) preferred Clark $1.12Mt — . A Canada Texas Corp. Clark Controller Co., common——110c Power Foundries Canada Co. City Water Co. 5- 4 _______—.— & Cable Utilities 4(4 % 5-20 Canada Cement Co., Ltd., $1.30 pref. (quar.) Canada Crushed & Cut Stone, Ltd.— Class & (quar.) & 6- 6-15 25c 50c Securities, Gas Corp. 1 $1.50 (quar.) American Extra $1.25 Orleans City Culver 75c (quar.) 5-4 6-10 6- 1 6- 1 6-23 5Ma% convertible preferred (quar.) Campbell Red Lake Mines, Ltd Campbell Wyant & Cannon Foundry Co.— Quarterly Canada (quar.) Auto Stamping Co. (quar.) City Specialty Stores, Inc.— 7- 8 15c . Canada 12 Mac 1 9334c (quar.) '7% 5-22 5 5-15 16M.C A common Forster B Cuban 6-12 6- 8- 5-12 6- (quar.) preferred Crystal 6-12 6-30 60c Clinton Electric 6-30 $1.25 : (quar.)__ City — preference Co. & 7% 1 8-15 6-12 25c (quar.) (quar.)__ Coal Forster, preferred Crum $1.50 5-4 5-30 (quar.) & Camden 5% Service 7-29 20c 30c 7- j1 50c preferred J50c Co., com. (quar.) Burlington City Ry. (s-a) Forge Co., common (quar.) Camden 5% Wire 5-4 (quar.) preferred California Cab (quar.) Co. & 8% 5-2 7-18 $1.25 i (initial quar.) Pass 7% Extra 4Ma% preferred (quar.) Copper & Zinc Co._ Butterfly Hosiery Co., Ltd., 7% preferred (s-a) (H. M.) Trust New Circle 5-4 6-1 tile 6-1 5-15 <quar.)___ preferred Nest Crum 5-15 $1 series A & preferred *50c Butte , 5% 5-4 6-1 87Vic 6-1 6- 1 7- 2 7 7 Co.— (quar.) Cincinnati, Citizens ,___—$1 a,—«.• $1.05 *25c 7- 6-19 5-13 1 (quar.) Co., class Corp.— common Crow's Class Cincinnati Milling Machine Co., common 4% preferred (quar.) 5-15 6- participating class A (quar.) Adding Machine Co. (quar.) •5% 5-15 25c *50c 6- 1 $2 Island Si Pacific RR. preferred *50c common 75c Copper Co Chrysler Corp. Ltd.— Coip. (quar.) 8- 1 1 6- (quar.) International, class & Seal Co., Inc.— Finance $4.20 1 Co. 76- Zellerbach New Chile Burroughs Byllesby Rock 'Common 150c Brothers, 6- 12- 5-15 preference Burton-Dixie 6-30 6-20 12-16 4.80% Docks, 7-15 75c 50c 6- 6 6- 1 5-25 6-10 ii' Dry Crown A Yellow preference A Crown 5-26 Class Chicago 15c — 5-15 Inc. Corp. Lumber 25c *$1.25 15c America, preferred 1 6-10 87 MaC of Cork *50c 10- 1 5-29 common (quar.) 6- $2 Holders Payable of Rec. *12 Mac ~ (quar.) preferred (s-a) preferred (quar.)__ 33/4% Crown Cork 1 10-16 6-15 ._ Ltd. Crown 9 5-11 5- ..50c Title 37MaC — 6- 1 Co. ; 5% Petroleum 1 5-20 6- 50c Chicago, 6- 1 Co., 7- 20% div.) A 5% Class B 5% f Concen¬ B Class 6% 5-21 37Vic (quar.) Creole Class A Co., Ltd.— A New 6-22 Class 25c Corp., Creameries 8 Crossett (quar.) Chicago & Eastern Illinois RR.— Chicago $1. preferred (quar.) preferred (quar.) Butler 5-15 5-15 5-18 5-15 (quar.) Mills 8 5-11 Chicago Dock & Canal 50c 4.20% Burns & 5-18 6- 8 3c & Crane 55- 1 (s-a) preferred $3 6- 1 (from net Invest, income) preferred Burlington Chicago Corp., 6-28 (quar.) Mining 5-18 5-25 15c (stk. Mfg., 5-25 _ Realty Inc. 6- Ry., common (quar.) preferred (quar.) 5-20 5-20 20c (quar.) Cosmopolitan 1 $1.12 Ma Ohio & convertible 25c $1.25 Sullivan & 3 Vt% 5c (quar.) (quar.) Dredging, Ltd 9 37M2C preferred Chesapeake 25c — preferred Gold 4 (4% Ltd. 7- 1 2% $1.25 common 50C (s-a) Wines, 6-15 6-15 6- 1 6-15 60c (quar.) preferred 6- 1 6- 1 6- 1 6- 1 $30c Cc Inc., Crampton 6-15 6- Chenango & Unadilla Telephone $1.25 — Coty, 6- 2 When Share & Reynolds Corp.— $1 dividend preferred A (quar.) Corrugated Paper Box, Ltd., com. (quar.)__ 5% preferred (quar.) $3.50 6-24 r (quar.) 6-15 Corroon $1.12 M, $4.50 preferred (quar.) Channing Corp. Chapman Valve Mfg., common 5-12 (quar.) Corp. Forge Bullock Fund, Ltd. 1 7- 15c 25c 50c 5-12 25c : 6-15 (quar.) 1 75c (quar.) 1 (quar.)__ $1.50 (quar.)— 7- (quar.) 7- 1 " — 5-13 $1.04 Chambersburg, Engineering (quar.) Champion Paper & Fibre Co., com. (quar.)_ 7% 6- 5-29 $1.19 Inc. Corp. 6- ___— Co Machine & Co. 6-12 67 Mac (quar.)_ , 6- 1 Budd Company, common $5 preferred (quar.) Die Belt 25c pfd. '95c (quar.) Drug 1 4-30 (quar.) Mills, Per Name of Company 5-29 Service— (quar.) Products Holders Payable of Rec. 25c - (quar.) 5.40% Public preferred preferred Ribbon Co. Co., (quar.) $1.10 (quar.)_ 115c Buckeye Pipe Line Co. 45c Chain 7- 1 (quar.) (quar.) (quar.) class A Ltd., Buck Creek Class Certain-Teed 6- Mfg. Class Century 5-15 6- 7-15 (quar.) Brunswig 4% 5-13 1 4.15% Wire & COrp. $1.10 $3.80 Co. (stock dividend) Brunswick-Balke-Collender Co., com. Bulolo 6-16 6-15 (quar.)_, B Co. Mills, Bunker 7-15 6*/*% & Bigelow, common preferred (quar.) 4% 8- 1- Ltd.— 4.40% Gas, preferred Buffalo Vermont 6Vi % (increased)- Brown Company, 85 1st preferred $3 2nd preferred (quar.) Brown Rubber Co. (quar.) Buell Telephone Central *25c 117Mac registered Boro 4.40% $5 Central 5-4 93%c Note, Ltd (final) (final) bearer Taunton Brooklyn Class 1 6- 9 25c (quar.) American Oil, Ltd. British-American Tobacco, British Brown Steel 6-20 6-1 6- Share West 6-15 4.75% (interim) common Bank British American Bruck Central Traction, Light & Power Co., Ltd. Ordinary Ordinary South & #3 50c .« - Semi-annual Bristol-Myers Co., 3 %% preferred 6% Central *35c (quar.) When Per Name o] Company 5-15 150c Co. Cordage Co., Ltd., class A (quar.) Brantford Roofing, Ltd., class A (quar.)— Brown 5-25 *25c * — Bearing Brantford Brazilian Holders Payable of Rec. 20c Co , • 7% 6% convertible 1st 2nd 2nd Corp. preferred (quar.) — preferred preferred (s-a)_ 25c 70c (s-a) —— — 60c - 5-15 " 12 (2256) When Per \ Name of Company 5% 6-15 6- Goebel Brewing 5-29 5-25 5-15 Golden State'coT. 25C 6-30 6-15 Goodall-Sanford, Railroad Erie Co.— »5 1 5-18 5-29 $1.25 6- 1 5-13 Gorhain Mfg. Gossard (H. 6- 1 5- 1 50c 6- $1.25 9- 1 8-13 $1.25 12- 1 11-13 1 6- 1 5-15 (N. Insurance Fairbanks (quar.) Fanny Farmer Candy Shops, Inc. Screw Felin "Works Ferro (quar.) 1 'First 1 1 5-12 6- 1 6- 5-28 5-18 1 (M. Fittings, 6- Corp. pfd. Co., Light & 4%% 4'/2% Steel Follansbee 1 7- 1 Forbes & Ford 6- 5 9- 4 12-18 12- 4 7-17 Class A Class 5-20 $5 6-10 6- 1 1 5-15 7- 1 6- 4 6- 1 4%% Gair Galveston-Houston Gardner-Deqver 7% General 5% ; Cigar Co., 5% 6- 3 5-25 Hallnor 5- 5% 8 6- 1 1 Well 5-26 6- 1 5- 8 6- 1 5- 8 5- 8 5-29 5- 8 Hamilton 6- 5-15 6- 5-15 6- '5-15 $1 6- 5-15 25c 8- 7-20 Hammond Hancock 6-15 , $1 vi'. 8- 7-20 6- 6-10 4% ■ 7- 1 6- 2 5-12 6-10 6- 4%% 6-15 $1.25 6- 6- 1 5-15 7- $1 25c 1 6- 5-13 1 5-13 20c -7- 1 ,7- 1 6-10 25C 7- 1 6-10 $1.25 7- 1 . 5-12 _— 75c . 50c 7-10 15c 25c ■» . —_ 5-25 6• 5-11 11-10 11-25 25c 1 (quar.) Harbison-Walker Refractories Stock dividend 5% preferred Harris 7 (A.) 5%% 5%% & 4 % % Electric Hartman General $3.75 Motors (quar.) < - General — Portland Cement Precision Steel 5-14 8-1 .$1.25 7- 8- 7- 1 8- 1 6- 6-30 1 5-15 6- 9 Corp., (accum.)— ——,— 25c 6-15 5-25 6-29 7- $1.50 1 Telephone Co. (Indiana)—. (quar.) i preferred (quar.) General Telephone Co. of Michigan— 2.70% preferred (quar.)— $2.50 1 7-15 Hollinger 1 6-15 Hollingsw.orth $4 of Ohio— (quar.) $2.20 "preferred (quar.) General Telephone Co. of Pennsylvania— $2.25 preferred (quar.) General Telephone Co. of Wisconsin— $5 preferred (quar.)__ preferred — 6-15 7- 55c • 1 6- 1 6- 1 6- 1 $4.20 6-15 w Telephone Corp., 4.40% preferred (quar.)" 4.75% convertible common (quar.)_ ; preferred (quar.) $2.25 iGerrard Plywood preferred Co., (quar.) com. (quar.) — Co.. preferred (s-a)— IGiant Yeliowknife Gold Mines, Ltd. (initial) (S. 5-15 5-15 55c 6-30 6- 55c 7- 59 %C 7- 9 A.) 1 5-14 56 %C 25c $20c 7- 1 6-21 5-30 5-28 IGlrdler I Gisholt Corp. Machine Glen-Gery Shale Globe American Corp. (reduced) Fire Insurance Co., preferred (quar.)— 2nd preferred (quar.) Globe & Rutgers $4.64 $5 Globe 7% Inc. Wernicke, preferred (quar.) common 4-24 6-11 5-22 6-30 6-10 7- (quar.) 50c 1 6- 1 J6c 6-30 6- 6-12 (Frank $1 . 1 1 5-29 5- 3% % 6-26 6- 6-26 6- Hoving Field Material 40c 6-12 6- Corp. $1.25 6- 1 2 6- 6-30 $1 7-15 6-30 $1.10 7-15 6-30 7-15 6-30 '25c 6-10 Corp., 10c :_____ . 4|4% preferred from investment Sound Hubinger Co. Co. 5-29 5- 6- 1 5-21 Hudson Bay 6- 1 5-21 Hudson $1.25 6- 1 5-21 and 1 5-12 6- 1 5-12 (reduced)— 2 10c 6-15 6- 4 7- 6-20 $1.75 1 (quar.) (quar.) Hudson's Bay Oil & Co. 6-10 5-29 6-10 5-11 31 %C 6- 1 5-15 6- 1 5-15 6- 1 5-15 9%% (quar.)__ I 7-20 2 10-19 11- 2 10-19 27 %c - 60c 5-29 5- 57c 6-10 5-11 8 1 6-15 7 6-26 5-28 7- 6-15 $1.10 (quar.)___* common (quar.) 6-15 5- 7- 6-15 35c 6- <5-15 93%c (quar.) (quar.)_ Co., 7- 6- 35c (quar.) 7- 1 45c 82%c com. 6- 5-15 ,, 1 1 8 5-15 5-15 44c 6- 5-15 15c 6- 5-11 50c 7- 50c 6-10 (quar.)__j____ preferred (quar.) Fireman Mfg. (quar.) com. ^ ; Co. (quar.)* (quar.)_;_ Oilier & 5c - 6- 6- 5-15 6-15 5-25 6-15 6- 5-25 6-10 5-25 6-20 6- 5 preferred B (quar.) Telephone Knitting Tea Mills, Co.— common & ; $1 now Ranch Johnson pax Royalty, 1 ■ (Initial). 40c (quar.) 35c (extra) 6-11 5-26 5c __ Common — & Lamson & Laughlin Steel Machine Co. (quar.)____ 5% preferred 1 7-20 11- 1 10-20 1 10-20 50c 6- 8 5-29 50c Corp.— (increased) 8- 2c common 7- 1 6- 5 . 1 $1.25 7- 1 6- 5 62y2c & Chemical, (quar.) : ; Vegetable Parchment Co. 6-10 5-29 32y2c (quar.)_ com. 5-30 5-12 6- 5-13 62y2c (quar.) , 4% preferred 1 25c 6-10 6- 95c (quar.)___ 6- 1 5-15 preferred (quar.)__ preferred (quar.) 1 $1 6- 1 5-15 $1.12% 4%% preferred 4Vi% A- 1 5-15 6-15 5-29 Katz preferred Drug Kawneer Keller (quar.).. 7-15 6-30 28c 7- 1 6- 5 7- 1 6- 5 7- 1 6- 5 L__: 25c 6-15 5-29 40c 6-26 6-12 6-15 Co. Tool Co. (quar.) 25c 7- 1 (quar.) (quar.) 25c 6- 5 preferred 87'/2c 7- 1 6-15 3y2% preferred (quar.) 87%c 10- 1 9-15 3%% preferred (quar.) 87yac 1-2-54 12-15 Kellogg 3% % \ Co. 50c $l.Q6yi (quar.) 62%c $1.12y2 (quar.) , Co., common Kelsey-Hayes One JuneKendall r Wheel common ^subject 15 $4.50 (stock for dividend)— each stockholders share Utilities Company County $1.20 Co.; Class common ; (quar.)___ 5.60% 2 6-18 6- 1 5-15 $1.12J/2 7- 1 6-11 Land Co.* Co., 25e $1.18% I * 6-15 6- 1 5-25 5-15 ____ 6-15 6- 50c (quar.) 60c 6- 5 5-18 20c 6-26 5-29 J5C Co. (quar.) Oil A 7- 50c (quar.) (quar.)___ convertible Keyes Fibre % ____ (quar.) (quar.)__ preferred Common 1 on common preferred Kewanee 5-15 held, approval —— Co., Kentucky Co. share to 5-29 $$1 7-20 8- 11- 25c Kern 6-10 I 25c Kerr Addison Gold Mines, Ltd. (interim) Kerr-McGee Oil Industries, Inc.— 32c (interim) Refining Co. 6-15 8- 37%c 5-14 31 %c preferred A (quar.) 5.12% ' preferred B (quar.) Humble c* CO 15c ! (quar.) 1 10c Mining & Smelting, Ltd. Pulp & Paper, class A 7-15 6- Kerite 5c 5% 6- 5-25 4c income $75c j. 1 35%c 4%% profits, 6- 1 5-20 6-10 6- $1.06% (quar.) „(quar.) Howe* Plan Fund, Inc.— lc from realized security Howe 5-29 37 %c 6-20 J 1 6-15 6-30 5-20 12 %c (quar.) common 4 6- . ; Stores 1 6- 7- 37%c preferred 4%% 1 7-15 6- 6-19 35c (quar.) , 6-15 16c 58%c : Kansas City Southern Ry., new com. (initial) New 4% preferred (initial quar.), Kansas Power & Light Co., com. (quar.)___ 5-12 7- 60c ' Howard V- 5-15 3.80% 6-20 $12%c _______ $1.25 _________ v 1 Kansas City Power & Light Co. 1 6-30 • 93 %C (quar.) Co. 5-18 1 6-15 7 2 ,* Oil (s-a) 6- 6- $1.25 2 common" (quar.)_ preferred (quar.) Light & Power Co. Inc. 6-19 6-15 25c (quar.) Kaiser Aluminum 1 $1.12% Houston 6-19 (quar.) 5% preferred A (quar.)_ Joy Mfg. Co. (quar.)_; 1 2 50C ; System Co., (quar.)_* Common 6-12 *6- __ 5% pfd. (quar.)__ Ltd., class A (quar.)___ 77- 50c 5-15 . Houston 40c 6-10 1 6-12 $1.06% Corp., 25c 5 <6-15, 1 $1.05 preferred (quar.) 4.40% preferred (quar.) $1.16 8 7- 40c (N. Y.), W.) Finance 7-15- $1.20 (quar.)___________£_T— Jones 5-22 - ; 5-13 8- 6-30 6-10 (quar.) (quar.) 6- , common Jones 5-1 12 %c (quar.) 7- 11- 5-15 6-26 6- 25c 35c (quar.) $1.25 - 5-15 6-15 5-14 '35c common common.. Utilities Johnson 6-26 ■ 6- I 6- New 5-22 7-10 6- 6- 30c Jewel 5-15 5-29 5 25c (quar.)— common preferred 25C com. prior Globe-Union, 5-25 12 %C [Glidden Co. (quar.) 4-24 25c (quar.) 5- 5-25 50c Brick 6-15 6- 50c .' Co 7-15 50c common (quar.) (quar.) 1 6- * 5-15" 5-29 5c 5-20 5-15 25c 4% 5-19 5-29 50c {Gillette Co., Co., 4%% 5-21 6-20 ^ - 6-10 . (quar.) 6-12 25c 6- Kalamazoo Mines, Ltd.___ Co., com. (quar.) Co., com. 5-29 5-29 $25c " (quar.) Gas, Co., 2 6-29 6-29 $1.05 Johnson 5-15 1 40c (quar.) Household 6-15 5-29 37 %c 1 6- 15c u__" Gold preferred Horner 6-15 1 50c [General Tire & Rubber Co. (quar.) ^Georgia-Pacific , ' ______ (quar.)_ Horn & Hardart $1.25 6-10 6- 50c (quar.) preferred $4.25 5-15 ; ' share held) i.. (qUar.)_l_r____lV___ Electrochemical Hoover 56c 75c 30c __ for. each Mining Co. 6- 75c 5-15 31C (quar.) 6-16 • .7 45c 5-15. ' Hooker ? 35c 6-1 '6-1 (quar.) Whitney & preferred Homestake ; . 87 %C (quar.) Hosiery Co. Consolidated 7- 7- 1 5-15 $1.09% (quar.)____ scares,($1 par) 8- , Co. 7-25 1 $60c T 1 5-25 5 Mfg. Co., class A & class B (stock dividend) (Five non-cum. redeemable 1% .. 50c 67 %c Lumber E.) Co. 6-15 6- « - 5-21 97V2C $5 5-15 8-15 50c 53yac 6-20 preferred " (quar.)_ Jantzen Holden 6-19 | General Telephone Co. General Mfg. 62 %c ______ , (Edward) (Charles Hobart 6- 1 6-15 preferred Jamestown " I__ Corp., common (quar.)__ convertible preferred (quar.) Hlnes 6-15 6-15 2 Co.__ Corp., preferred $1.76 ' L2%c Hotels Holeproof Common $1.40 Hilton 6-19 6-18, 6- 2 7- Corp.$1 5% pfd. Iquar.) $1.25 Jefferson Lake Sulphur Co. (quar.) 25c 6-12 1 5c preferred $4.37 % Hires 1 7- 30C ,_1. common A (quar.) preferred (quar.) Heywood-Wakefield Co., common 5% preferred B (quar.) 5-25 6-15 30c __ common General , 3%% 5-21 8-15 7- 7- * 5 7 Ltd.— Engraving <quar.)_. Jamaica Water Supply Co., com. (quar.) $5 preferred A (quar.)*_ 5-15 91 %c 5- $1 Corp., preferred Public Service Jahn 5-15 '7.30c _________ . 5 5- 5-25 1 (quar.) Jack, & Heintz, Inc., 4% preferred Jaeger Machine Co. (quar.)___ 5-20 5-25 "20c Products Chemical Corp., 6- 6-10 4.20% Iron 5 6- 25c (quar.)_ ■ 5-15 6- 5-18 1 6- Ltd. Co. Light Co., common preferred (quar.) /)43%% 6-17 1 6-15 7%c 25C , 1 6-10 $1 25c (quar.) Iowa Southern ** 6-15 5-21 3.90% 1-20 6- 5- 1 Co 3.75%'preferred * 5-28 7- 7 $r (resumed)____ . 6-10 $1.25 Equipment, commoh (quar." 48%c V 6-12 $1.12% (quar.) convertible Heyden 6 50c 25c (quar.) Ltd. 2-1-54 » 5-29 6- $1.75 (quar.) <quar.)__ Power & ,4.40% 10-20 40c 5-13 $1 Co.. Textbook preferred 3.30% Iowa / 7-20 1 (quar.)__ Co.' (quar.) Co., 3.65% preferred Steel 6-19: 1 $1.37% pfd. 1 6. 6-19; 8- 1 (quar.) ___. Common 1 7- 11- 7.. (quar.)__> (quar.) Corp., com. iquar.) preferred "B" (quar.)___ Hershey Chocolate Corp., common (quar.).J 4%% preferred series A (quar.) 6% „ 6 $1.50 , 50c (quar.) Co. Co. 6- 1 $1.37% (quar.)J 3.90% Pineapple Co. (H, J.) 4% Castings preferred $6 93 %c 8 Plywood $5 preferred A General 1' 6-10 $1 common Corp.— convertible preferred 5% Hercules 5- preferred (quar.)— —i—_ General Outdoor Advertising— Common (quar.) 6% preferred (quar.) General Heipz Hawaiian 1 $1.37% pfd. 6- Ltd.— 4.80% preferred (quar.) Iowa-Illinois Gas & Electric Co.. 8 7-1 $1.25 Hazel-Atlas Glass 5-15 84 %c (quar.) $5 General 5-15 5-29 Corp., preferred, 5 6- (quar,)_ preferred (auar.)__ 5- 7- 40c $4 Hastings Hathaway Haverty Furniture 7- 1 1 Iowa Electric Light & Power Co.— 1 5-15 1 6- Participating 1 7-20 $1.50 7- (quar.) common Light, 6- 1 Participating 5-157 6- pfd. Canada, Utilities preferred >$2.50 6-10 • 7- .* Products preferred $2.50 Iowa prior pfd. ""(quar.) (quar.) Bakeries, Inc. * (quar.)__ 5 6-15 Mills, 3%% 6- .... 6- 12c Manifold & Printing Co., Tobacco, Mfg. Co. 6- 5 ■1 6-11 6-11 3% convertible preferred Hartford 60c 6- 1 1 $3 Ltd.— 6% convertible preference (quar.)__ Ipvegtors Trust Co. of .Rhode Island— «">•'. Co.— (quar.)L__— Chemical , 50c 6- (qbar.) preferred Harshaw 5-22 5-15 5-15 6-30 50c issue 5%% Co., preferred 11-10 6-15 ; 5- (quar.) .common Petroleum convertible 4.70% 5-15 1 6■ 50c 'J • 2nd 6-12 5-28 1 6- 1 (Canada), 6% pfd. (s-a) (quar.) Natural ' (quar.)_ 11-25 25c 6- 6- $$1.12% of Corp. Investment Foundation, 5-15 $1.06% 7 6% preferred ,(quar.)___ Harnischfeger Corp.> common Co. Paper, preferred Intertype 6-18. 1 5-29 $50c Power s 5-25 4% preferred $1 25c 1 6- 10c stock) — 25c General class A Co., class A (quar.) (quar.)' 1 B 5-11 (increased)^—, 7- 6-10 7/ 710c *• (M. A.) 5-25 (quar.) • 1 $1.25 ' (quar.) Nickel Interstate 6-10 10c 6- ; Silver ■ 5-25 1 50c (quar.)___ (Payable In 50c —— • 7- 10c dividend $1 — 6-10 $1.12% : ____________ Class 6-19 6-15 "• 5-29; , 6-10 (quar.) Interstate 5-29 $1.06% _____ $4.25 6-10 6-10 •> (quar.)— ' I; 5-29 16c (quar.)__ ; Co..* 7% $4.80 preferred (quar.) Interstate. Hosiery Mills Interstate Motor Freight ' Hanna 6-10 12 %c common 6-15 6-15 ' 5 6-15 6- : _______ B Common $1.75 7 5-29 6-30 6-30 (quar.) Industries, Interstate. Bakeries 5' 30c : 6-30 $37%c 40c preferred '$1.40 6-19 $1 25C . 5-29 J$1.25 pfd. Machinery Metal International ' Co." (quar.) class A 8- 8-15 6-30 20c Year-end 2 1 Instrument Oil Co., Stock ■ 25c preferred (quar.) preferred (quar.) Class 6-16 50c 37 %C 1 General 7 $$1.25 Watch Year-end 5-20 25C — Corp. $35c '■** common conv. '■ir 4 % % 6-15 — Industries (quar.) 15c Ltd,, Co., Co., common preferred (quar.) Hamrnermili Paper, Common (quar.) ; 5-15 7- 37 %C (quar.) Co. (quar.)_ 10c 56 %c — Gas Cementing Co. Ltd; 5-11 40c Resistance 5-15* 6-10 Oil 1 6-30 $$1.06% ; ' Cigar International 5-15 6- 75c (quar.)___ 6- 50c •. International 1 50c Co; preferred (quar.) Mfg. Co. (quar.)__ 50C - General 5- 5-25 20c (quar.) 75c International 1 5-15 5-15 6-10 1 Harvester International 5-26 fl_ 66- 30c ■ V A • Ccrp. International " t50C 35c 37%c quar.) (quar.) A $4 5-26 6-15 6-15 7 Group Shares (21c from income and 9c from security Inteimational 42 %c Cotton 500 V (quar.). : 5% preferred (quar,)———; General Dynamics Corp. (quar.)— $2 convertible preferred (quar.) General Finance Corp., common (quar.) 5% preferred series A (s-a) 5% preferred series A (s-a) r 4% conv, pfd. series C (s-a) 4% preferred series C (s-a)— General Fireproofing Co.— General Foods Corp. (quar.) 1 1 General $1.11 5-19 Quarterly 7 (quar.) Mines, 25c —-— _ Water Corp. Halliburton 5-26 5-19 6- (quar.) (increased 6%% Shares— Class 5-26 $1.12% Co. International 5-26 6-15 6- 10c Corp., 4%% 8 6-15 i Co. class International Faints 7 6-15 . $1.10 $4.40 Hamilton 23c Corp., 6- 1 6-15 $50c ($10 par) ($20 par) ($100 par) 30c $1.05 J30c $37%c com.__ 6-19 Bond International ; , quar.) (quar.) * common Contract preferred preferred 7- Hajoca J50C (quar.) Co.— (Initial 5- Co Quarterly 6-15' Hackensaek Co., preferred 5- 5-14 common (quar.)—__ Corp." (quar.) General Acceptance Corp., common (quar.)_ General America Corp. (quar.) General American Transportation Corp.— Increased quarterly ___1———————_ , Utilities preferred & International 2-20 6-10 5-15: Gaylord "Cohtainer General 3-12-54 50c 1 Steel International $1.25 1 6-15 6-10 8-25 6- 25c 8-25 : 11-25 $1.12% • 9-14 6-30 $1.16 1 International Business Machines Corp.— 9-14 5-14 5-29 6-10 12-15 5-14* 5 6-30 $1.25 — Water Silica Interchemical $1.25 (quar.) 4 76- Acceptance Corp., Ltd. com. (incr.) ordinary profits) 5-19 ?. 5-19 — 5 5- $37 %c (quar.) preferred $100 par (quar.) preferred (quar.) preferred (quar.) Stock — (quar.) 8- 8 t40c Co./Ltd., Products Co. Institutional 1—- (quar.) common 5-22 50c (quar.) & Limestone Inland 5-15 5-29 .C 1 7- ^ Ingersoll-Rand Co., common 6% preferred (s-a) Co. (quar.) Gas Steel Industrial 5-29 (quar.) (quar.)_ States $4.20 1 6-12 9- 8% 4%% $1.25 RR. 1 1 6- 25c 5% 7c — 1 6- $1.12% (R. E.) .Co., common—. convertible preferred (quar.)_ Co. Gulf 6- 6-17 $3 $1.50 12c (quar.) (quar.) 6- Bridge (Robert) 10c l%c (s-a) Industries— Indianapolis Water, 6-19 ; 20c 6- 5-27 6-15 6-30 2 (quar.) Corp. (quar.) Gulf Power, 4.64% preferred , 7- preferred partic. preferred conv. Industrial — $1.12% 6-10 $1 40c Works (quar.). Co. (quar.) —_______—___ Fruehauf Trailer Co., common (quar.)_____ 4% preferred .(quar.)— -----Fuller Brush Co., class A (quar.) Funsten (Winnipeg) 6-15 RR.— Chemical Indiana 7 Oil Hamilton (quar.)J 5- 5-22 56%c (quar.) deposit receipts (final) Life Assurance Co. of Canada- Indiana 50c Ohio per non-cum. Indiana 7 $1.75 preferred (quar.)_. $4.44 preferred (quar.) $4.50 preferred (quar.) Gypsum Lime & Alabastlne (Canada), Ltd.— ;< Quarterly ; (quar.)_— (Boston) AA Gulf 5-20 50c . . & ~ preferred preferred preferred preferred $5 5-26 1 6-10 6- Freeport Sulphur Class Mobile Common ,$5 Fund Pitt Fort . 5-15 — B Formula Gulf 1 25C class B (quar.) Canada, Ltd.— (quar.)— of Co. 5- 1 (quar.) Co. Fund Stock Common 7- 3 7- Inc. Group Securities, Inc.— i1 Fully Administered Fund 6-26 9-25 6- v 1 Co._ Products Store |5 — 66- Ry Hydraulics, Common Wallace, Motor Greer 5-21 ______ ♦ 5-18 5-20 J50c '.'•r New — 1 ; Grocery $30c ————- 6- 6-15 25C (quar.) Towing for $1.50 Pacific Tea Co. of Amer.— & 6-12 15c Corp.— 3 12 %C (quar.) Great West Life Assurance Co. $1.12% —- 3 6- 1 10- 6-23 50c (quar.) 6- 1 5-25 5-29 ——- com. Indemnity preferred 1 Burt Co.——— Foote 7% 6-10 —_— Co., 1 7- preferred Imperial Oil, Ltd. (s-a) Imperial Varnish & Color 6-16 7-10 30c (quar.) common (quar.) 7- 5-22 1 preferred (entirely redemption on June 17 at share plus this dividend)__ Central Imperial 4 37 %C 1 6- American 4 6-18 10-12 50c 55- $1 7- i——— preferred (quar.) preferred A (quar.) preferred B (quar.)— 4%% Great Atlantic 5-28 5-28 93 %C (quar.) common — American 75c — preferred (quar.)— — Co., preferred 3%% 25c 5% Gray Mfg. Great 7-10 6-30 15c _ called $52.50 6% 6- 62 %c quar.)____ convertible Illinois 6-20 1 $1 2% (quar.)— Inc (s-a)— Co. (quar.) T.) 1 8- (quar,) dividend (W. 7- 25c $1 (quar.) Co. convertible Imperial 623/2C 31 %C Northern 40C ("accum.) 4% % 37%c Breaker- (increased 4 %% 5-12 Lakes 20C ———- Power 1 Great Dredge & Dock Co.— $4 6- $2.50 <s-a)—.—-— Ltd., class A (quar.)__ Co., Great 6- __ class A Flinlkote 5-12 5-25 6-13 — Fitz-Simons & Connell Florida 1 Circuit Common 5-29 5-29 (quar.)____ Corp. Ltd., 4-28 6- Hydraulic Press Mfg. Co.— 6% conv. preferred (quar.) I-T-E 5-20 37V2C : $3 pfd. Rubber, 4%% H.) 5-26 25c 6-10 25c Fishman 5% — — ______ 6-10 6-10 l. Philadelphia Stores, National Security 4-28 30c 2% Stock Bank First First 5-26 25c .« & 10c common......— Union 20c Tire 8 Great Lakes Dredge & Dock Co. (quar.). Great Lakes Terminal Warehouse (s-a) 50c —_ & Stock 6 6-16 62»/2C ;i of 5- 5-12 Corp.' Firestone 9-15 6- 6- $1 "__ Association 1 1 _______ Grand 6-15 1 6-10 60c (quar.)_ Co. StreetTcorp., 1500 Walnut Fire 6- 6- ," preferred series A (accum. i__— conv. preferred (accum.) 5% 5% 6-15 6-30 7- dividend IFiltrol 6-11 25c — Corp.— dividend rlivifiptlH 5-15 6-15 15C Graham-Paige Corp.—: 5-20 1 7- 10- — Stock qVi 6-15 $1 Mfg. Tarrant Stock 8 31V4C (quar.) common Co., common—_ (J. J.) & & 6-15 50c Co._^_— 11-25 25c Common Felt 12-19 12-15 $2.50 (quar.)— Mogul Corp. Federal 9-19 12-30 $25c Grant — (quar.)— Federal Insurance Co... (quar.)— Fedders-Quigan Corp.— H /; / 5% conv. preferred A (quar.)— Federal Chemical (quar.)— Federal 9-30 $1.25 (quar.) $25c preferred $1.25 $1.25 (quar.) A $2.50 Inc., Enterprises, Federal (quar.) preferred Class 5- 6-19 preferred 5% 5-15 5-15 6-12 5-15 6-30 $1.25 tquarj 6-12 7- 6- 50c 5% 5-25 1 7- $25c ...i25c- common 5-15 8-25 1 A 5-15 6-15 6- 5-18 6-15 9-15 6- 5-18 6- 15c 6-15 $25c 1 6-15 6- 12%c (quar.) — preferred 6-30 12%c A B Holden $1.25 t25c 6- Class When Payable of Rec. tl2%c (quar.)— 18/tC 37 %c — (quar.) Association 5% A 50c (quar.) Y.) (N. Syracuse Quarterly Underwriters Farmers 5-15 (quar.) common (quar.) series Huttig Sash & Door Co., 6-15 Class Insurance Co.— Traders Life & Inc., Grafton Inc., Ltd., Class 5-15 5-16 50c Fajardo Sugar Co. (quar.) Falconbridge Nickel Mines, Ltd. (s-a) Falstaff Brewing Corp., 4%% pfd. (quar.)_ Farmers V 6-23 75c (quar.) & Co. (quar.) Morse '5-15 1 1 15c (quar.)*. Y.) Hunt's, 1 6- Foods, Share J25C preferred V.5% 5-15 6- 6- 10c Gregg & Coe ■' preference 75c (quar.) Co. W'.) dividend Stock Graf lex, 5-15 $1.12'/2 Erlanger Mills Corp., common (quar.) 4 V2 % prior preferred (quar.) Mills (N. C.) (quar.)_—— 6- preference 5% $1; Government Employees Corp.——.—— 5 12 %C Erwin Faber, 6- 6-15 20c — 5% 6-15 75c 4% Class- B —.— 5-22 6-30 37 %c (quar.) common 6-10 1 guaranteed (quar.)_ (quar.) _— $5 (quar.) Erie Resistor Corp. (quar.)_ Excelsior Inc., 87 %c 5- * (quar.) preferred preferred preferred $5 Ltd., 4% preferred (quar.) 6% 5-15 1 (quar.),.— preferred Corp., $2 conv. Erie & Pittsburgh RR., 1 6- $1.12 % (quar.)_ (quar.)— preferred 4.50% Equity 6- Hunt 6-12 $1 (quar.)_— Co. preference (quar.) ——______ preferred (quar.) ——____ Goodyear Tire & Rubber, common (quar.)_ $5 preferred (quar.)_ Gordon Mackay Stores, Ltd., class A 12 %C 32V2C preferred Equitable Credit Corp., 50c Equitable Gas Co., common I V 5-22 10c 5-14 40c , Name of Company 6-12 5c 35c $1.25 (quar.) Electric Co., com. preferred <quar.)_____ Empire District Employers Reinsurance (quar.) Emsco Mfg; Co. (quar.) Per Payable of Rec. Share Name of Company Holder1 V/hen Per Holder$ Payable of Ilec. Share V • ; 1 common (quar.) 1st preferred (quar.)__ (Continued on page 1 6-15 6- 1 5-11- 8- 1 7-10 35C (quar.) 1 6- 50c (quar.)_: 6- 30c 15c 75c preferred (quar.)_ 7- 1 6-10 46) 5-15 5-15 6- 1 Volume 177 Number 5223 ... The Commercial and Financial Chronicle (2257) Stock Record «» New York Stock DAILY RANGE OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES Range Cor Previous 6 Oct a 5% Nov Range Since Jan. lowest Highest 41* Oct 108 64* Jan 125 10 Jan 24 8* May 6 34* Nov 26 2 30* Jan 24 16 35* Jan 30 33* Oct 20 42* Jan 0 30* Sep 66 Dec 24* Jan 19 64 Sep 24 41* Apr 30 102 % May 4% Apr 5 47* Jan 112 0% Jan 23 26% Jan 6 29% Apr 22 35% Jan 2 32 Ya May 14 49 106* May 139 Jan 2 17 2* Jan 2 18* Oct 29 155 70 24 7 3* Mar 6 2% Jan 1 18* Feb 9 5* Dec 23 23 7 08 Nov 10 OS Jan 8 2 Apr 30 €7* May 7 18 76 May 82 9 May 24 46* Jan 17 1 8 95 Oct 1 61* Dec 23 123 Dec 23 49* Dec 30 47* Oct 64* Sep 3* Jan 16 33 19 * Fob 11 22 27* Apr 29 36% Apr 23 33 May 51* Apr 102% Apr 8 $4,375 Allen Industries Chemical Mar 25 Allied Jan 8 8 Allied 93% Feb 16 2 18 23 19 42* Apr 41% Apr 51'/8 Mar 26 46 Ya May 11 21 54Y* Jan 3 2% Jan 23 3* Mar 24 Jan 2 33* Jan 30 36* Mar 24 18* Jan 11 17 9 19* Mar 18 9 161 Nov 24 15* Sep 15 9 *235 Apr 60* Feb 20 74 Dec 30 12* May 2 16* Jan 2 Apr 28 61* Apr 23 12% Apr 23 Apr 29 16* May 5 Jan 2 75* May 22 31 17* Apr 15 20% Feb 85 53 28 59 73 90 i, Nov 25 61* Feb 19 10* Dec 18 15* Aug 63* Aug 7 ,43 Dec 19 36* Oct 30 102 Oct 17 7 41% Mar 13 107 Apr 22 Jan 189* Jan 5 Kid Feb 36 23 40* Jan 27 103* Feb Aluminum Jan 7 Mar 9 11 2 16% Apr 24 63/a May 1 88* May 16 43* Aug 5 12 31% Feb 9 45* Nov 12 373/a May 44Ya Jan 22 42% Jun 27 40* Apr 34* Feb 23 31 *8 48* May 22 73* Apr 23 83* Jun 26 76* Feb 6 85* Mar 18 Oct 36* Dec 87* Oct 24 32* Feb 8 42* Jan 60% Jun 8 2 14* May 21 80* Feb *9 13 29 Apr 24 44% Apr 24 83% Oct 30 54* Jan 22 34 6 Jan 3 16* Mar 7 96% *96 «S% Jan 10 9% 9% 9% 9% *9Ya 9Y4 800 68% 69% 69Y4 70% 69Y4 70% 7,400 20 20 193/4 20 *20 Ya 2nd Bosch Corp preferred 8 39% July 23 0% Apr 9 Feb 14 73 8 Aug Dec 96 8 19 20% Feb 26 23% Jun 30 19% Jan 25 4 Dec 3 Amer Brake Shoe Co com No par 4% convertible preferred Ctfs 5% Cable American Can 7% Co Jun 24 ,——— common 3 Y2 % 6% Cable 16 24 Ya Mar 16 Amer 12 86 2 203/4 Jan 78% Feb 11 84 Apr 24 79 Ya Jan 13% Apr 24 18% Dec 31 ■22% May 16 30% July 23 97 Jan 3 13 Jan 2 7 Dec 16 Oct 31 105 May 15 17% Dec 3l 19 8 Jan 4 35% Dec 11 17% Apr 6 19% May 18 98* Apr 29 16 Ya Apr 24 7% Jan 2 31% July 30 18% Dec 19 Jan 17 32% May 12 32% Jan 16 36% Jun 12 29 Ya Jan 5 83% Oct 28 39% Sep 23 31% Apr 27 2% Jan 14 Ya Apr 36 Feb 5%% 168 f Feb 2% Nov 20 16 16% Apr 23 175% Aug 1 8 7 7% Jan 17 29 24% Jun 12 42% Apr 24 49% Dec 3 38% May 19 53 19 Aug Oct Jan 29 105% Feb 9 18* Feb 2 American Metal Molasses 14 May 18 Apr 9 Jan 2 9 18 40% Aug 18 60% Mar 6 Apr 20 6 66% Dec 16 65 Jan 8 132 Apr 24 16 69 Ya Jan 21 45 3 119% Jan 24 115 7% Jun 13 9% Dec 15 22% Oct 22 7 953/4 Jan 22 82 16% Oct 16 89% Oct 23 38 Oct 48% May Feb 7 26% Feb 13 109 Jan 30 15 55% Jan 24 2 48 % Dec 31 14 28 May 22 183 May 12 Jan 15 40% Oct 15 38% May 31% Jan 2 106% May 21 53% Jan 10 15* •15% 16 16 Ya 16* *16 Ya 16% 5% 6 Ya 5Ya <35% Power & 127 36 Feb 36 Ye 41% 41 Ya 433/i, '43% 45Ys 45 48% Or 81 Ya 82% 82% 83 UV 83 84* 10 29% 29% 483/a 49% 17% 17% *22Ya 23 "91 92 Ya 47s/a 48 Y4 "131 136 "35 35 Ya 7% 75/a "28 30 15Ya 15Ya 10 10 Ya 303/a 30 3/4 54% 55 Feb 21 743/4 Mar 16 138 Ya Jan 60 3/4 Jan 119 2 35 Ya 35% 1 100 1 94 "19* 19% 24 24* *99 16.% 100 *95 7 24 No par % *82 % 19 X19 3/8 100 Ya 16 Ya 138 36 Ya 48 *132 36* 37% 2,500 7% 734 "7* 7Ya *28% 29Y4 •28 % 29* 15% 15% 153/4 15% 15% 16 16 16 10 10* 9% 10* 10 10% 10% 10 Ya 88,400 303/a 303/4 30 Ya 30 Ya 303/4 30 % 303/4 11,900 54 Ya *54% 30% 54Y4 543/4 54Y4 55 55 38 73/a 92 *19 * 24 *99 7% 73/4 92 *92 *19 Ya *24 38* *8 94 19 Ya 24 4* *39 19% 24* 100* •99% *92 4% 43/a *38 Ya 39% 100 33% 38 Ya 38% 2,900 8% 94 19% 19% 24 •99% 100 Ya 8 •92 94 19 ♦24 *99% 16Ya 16% 16% 17% 963/4 96 96% 24%. 23 Ya 24* X23 23 Ya 23 Ya 23 Ya 23Ya 83 82 Ya 82 Ya *81 Ya 82 Ya 81 Ya 82 Ya •81 Ya *18% 19 Ya 183/4 19 183/4 18% 183/4 19 19% 20 20 193/4 20 20 20* 100 100 *97 100 1,900 8 ♦96 % *97 700 4% 24 100 500 2,700 39% I6Y4 353/a 138 7% 96 Ya 33* 50 16,600 29 Ya 16% 7% 300 48 Ya *7% J *953A 963/4 33 No par I6Y4 •96 20 ♦97 17 % 17Y4 ■17% 17% 17% 17% 7% *7Ya 7Y4 7Ya 78/a •73/a 2,600 20 19 300 24% 100 1,600 Ya 17% 963/4 23 Ya 83 7,800 • '200 8,700 60 19 1,900 20% 4,400 100 17% 1,700 73/4 1,000 33% 33 33 Ya 33% 33 Ya 34 34% 11,900 "35* 35 Ya 35 Ya 35% 353/4 353/4 35Y4 32* 32 Ya 32% 35% 32% 33 33 Ya 33 Ya 33* 33% 33 Ya 33% 34 34* *33 Ya *7 Ya 33 2* 14* 2* 14% 2 Ya 14 Ya 2 Ya 143/a 165 2 Ya 14% *158 2Va 2% 14* 14% 164 193% 35 35 Ya 35 35% 35* 353% 117 Ya 146 Ya ♦158 57 Co 7 165 *160 19% Razor Seating 7 7 100 Co common 147 Ya 148Y4 146% 25 preferred Snuff 48Y4 •28% 54* *92 92 73/4 38% 8* 4 18* 23 29* 57 700 34 1,000 34% 1,100 39* 39 Ya 39% 7* 39Y8 125 7 39% 124 Ya 7 7* 73/a *2Ya 14* •155 7* 2% 4,900 143/a 20,800 160 7% 19% 193/4 19% 19% *56 Ya 57 Ya 57 %, 57 Ya 35% 36 Ya 35 Ya 36 1463/4 147 147 148 39 Ya 39Ya 1243/g 2Ya 143/a 164 « H OJ 147 39 Ya 125 39% *124 Ya 39% 125 26,300 1,900 200 21,900 460 1,000 80 preferred—100 124 Ya 124* *124 Ya American Steel Foundries—:_No par 333/4 34% 393/4 34% 34 Ya x333/4 34 Ya 33% 33Y4 33 Ya 333/4 5,600 39 Ya 39 Ya 39% 39 Ya 39% 40 39 Ya 39Y4 1,200 noncumulative 6% No par 39% American Sugar Refining com—100 *57 Y4 58 127 Ya 128 American 1% Co Stores 100 preferred Tel American Tel American Tobacco 6% & 5% Viscose 58 57% 571/4 57% 128 1273/4 12734 127% 13 Ya 13% 133/4 143/4 14% 1553/4 156 Ya 1553/a 156% 155% 25 com preferred 73% 73 Ya 72 Ya 100 25 100 common Corp 128 5 Co prefeued American *57% 100 American Sumatra Tobacco 133 Ya 133 Ya 134Y4 5 453/a 116 9% 46 116 45* *116 733/a 135 45 Ya 117 ,9% 9% 93/a 72 Ya 134 45% *116 9YB 14% 156* 73 134% ' 45 Ya 117 9% 203/a 21 *79'/a 80 *14% 156 550 12,100 *116 9 Ya 72 153/4 15% 15 Ya 15% 15 Ya 15% 15 Ya 3 Ya May 15 5 Jan 7 A 7 38 Ya May 18 52 Jan 9 Archer-Daniels-Midland Anderson-Prichard P W Copper 37% 38 Ya 37% 38 37 Ya 383/a 38 383/a 37Y4 37 Ya 49 Ya 49% 49 49 Ya 48 Ya 49 49% 493/i 493/4 493* 700 30 29% 30% 30* 303/a 29% 303% 9,100 103 *101 Ya 6.25 41 * Feb Andes *82* —No par 21.50 Oil Corp: Mining Products Co 83 Corp— Clayton & Co 11% May 15 83 Inc 590 83 25 50 Common 3 *82% ♦82 % 390 1,900 No par preferred Copper Mining Wire & Cable preferred 4,500 20% 80 Ya 15 Ya $4 6,500 72 155/a 50 9% 20 Ya 15% Anderson 9Ya 79% •70 3% 5 9 Ya 116 713% 71% 15 116 80 70% Glass 117 21 71 Ya Hocking 45 80 80 83 46 20% 20% 71 *82% 12,300 45* 79 Ya 83 54.000 73 % 20 3/8 *82% 1563/4 134% 80 Ya conv 410 "14% 72 Ya 20% prior 200 5,000 134 Ya 71% $5 14 Ya 156 57 127 Ya 73 % 71 Anaconda 127 135 Ya *80 Anaconda 143/a 156* *56 Ya 72% 45 Ya 100 20 3/8 57% 128 134% prior preference—No par Amer Zinc Lead & Smelt com 1 Woolen common—No par preferred conv 6 57Y4 May 6 15Ya Feb 28 *132 18* 23 ♦91 *7 Ya 38 common—5 Sany 19 9 48 18% 23 92 *28* 58 30 5 137 19% 26 Jan 18 22% *91 48% 57 Jan 45 18 23 91 19* 453/4 Feb 30 Ya Apr 1,800 1,400 19 Ya 57 106 Ya Mar 3,100 48 Ya 38 7% May 13 35% 30% 73* $4 May 11 36 3,900 30 % 38 % American 37 *132 ' 48 Ya *7Yt 2 101 135 47 Ya 2,500 78,100 , 30 Ya 37% 88% Mar 17 Jan *35 47% 14,400 48 Ya 4% 77 Ya Mar 17 97 *130 91 36 413% 30 Ya 38 Ya 27% Jan 82 Ya May 12 36Ya Apr 24 46 Ya Apr 27 47 Ya *22 Y4 1 353/4 413% 48 Ya 4% Apr 24 79% May 19 5 23 92 Ya 10,000 49% 38 Ya 66% Feb 21% Jan 17% 18 *223/4 *91 1 400 2,100 6 30 4% American Water Works Co Inc 20 *17Ya 29% x49 39% 2 24 293/4 493/4 4* 10 Ya Feb 20 293/4 49 Ya 59 2 5 82 19 Ya 19 14% May 20 161 Ya Jan 5 81 59 2 Mar 20 Ya 42 - 43 Ya Ship Building Co—No par Amer Smelt & Refg com No par 1% 15 Light— & Std preferred Safety American i 42% £.'42% ; 100 5 10 7% • 42 No par 24 15 16% Co—No par 6% Jan 24. 15 % 6 Gas 24% Jan page 30,900 *17 50% Dec see 15% *97 1 For footnotes 153,4 17 4% May 8 48% Dec 10 July 15* 100 11% Nov 21 60 15* *383/4 7 93/a Jan 26 Ya Jan 14Ya 35% No par Co American Anchor 34 143/4 3/8 7 10 Apr 14 Ya 39% Jan Apr 14 200 14% *160 5 39Ya May 13 Apr 139 Ya Nov 21 37% Jan 159 Ya Jan 6 May 12 1 64% Nov 19 Jan 58 161% Dec 81% Nov 18 44 40 Dec 14% 1 Ex-distribution 6 7Ya May 22 134 11 87 171% Feb 2 116% Jan 98* No par Optical Co 2 153% Apr 383% *97 Ya 17 News Feb 16 3 38 Ya 93 Ya •7% American Jan 10% Oct 84% May 19 33% *97 Ya *97 Mar 27 38 100% Jun 139% Jan 38% 97* 1 37 52 Apr 38 3/8 97* 2 Natural 1243* Apr 28 135% July 1 16 Ya Jan 11 12 38 97* 4 37 Mar 14 38% 97 Ya *4* common 2,300 37% 2 144 Apr 200 3,300 13* 38 Ya 2% Jan 9 80% Dec 44 Ya 153/a Feb 2 34 *42 Ya 24 39 Ya Feb 137 44 Ya 18 *53 Ya 42'. American Apr *42 Ya 44 82 Ya 100 American 65% Jan 30 32 43 Ya Co 4 483/4 Jan 120 43 Ya 18 54 *38 Ya Products Co Mar 17 American 20 43* 18 50 com 37 13 29 *42% . 1 com preferred 23 Ya Jan Jun 43 Ya 19 2 36 Ya Jan II,200 33* 165% Sep 131 100 10* 33* 11 16 Ltd Co American 19 Ya May 14 35 54* 10 Ya 32 Ya 19 30% Oct Co— Amer Machine & Metals Rad 1,400 54 43 Ya 82 % 100. 2 Amer 26,600 *18 25 5 preferred 27 4 Y2 % 14* 10% No par Feb 122% Oct 29 Co Products Locomotive Metal 800 133/4 <75 * 54 Amer Potash & Chem cl B__-No par 27 13% 76 10% American Apr 13% 75 Ya 10* 30 Jan 13% 75% 9% 39% Mar 24 6 13% 75 Ya *53 Ya 36* Jan 165 133/4 76 36 3A No par preferred 19% Feb 73/a Feb 13% 76 9% 353/e 32 Ya 38% Dec 148 SS & Leather 26% Feb Amer 3,000 66 41 Ya 20 1 Secur preferred —* Mach & Fdry common 3.90% 24 170% 66 36 Ya 10 prior preferred cum 300 169 3/4 18 37% 42,.^ 10 Electric & Home American American 1% July 28 13% Oct Gas 17* 37 noncumulative preferred—100 1% 9 65 39 Ya 17 Ya 53 Ya 41 Ya No par Sugar convertible 6% 18% Mar 26 65 1,400 9 Ya 25 No par American Investment Co of 111 100% Mar 17 65 3/4 *36 6 36% preferred series B_100 conv American 23 24% Dec 900 k 5% 10 May 12 16% Apr 24 2Ya 16Ya 100 Apr Mar 2Ya *14 Y4 American International Corp.No par 104 2% 6* com Ya May 12 9 2% 163/a prior preferred— American Cyanamid Co com 95 Sep 2% 14 Ya 100 4Ya% 16 21% July 31 102 2% 5Ya 12.50 common- preferred American Car & Fdry 1% preferred 99 27% Feb 19 •6 19,000 16% American Ice Co common 15 7,600 46% 51% 14 Ya 8Y4 May 20 93% Apr 6 25 Ya Mar 18 463/b 45% 163/a Hawaiian 22% Jan 45 Ya 46'% 15 Hide 9 43 Ya 44% 16% 5Ys American 20 453a Y8 *14Y4 1 American 30 4 5 3/8 1 common Radio Corp & 300 44 20 interest In of preferred 2 Jan *97 • 9,000 ' . 51 Ya ■ 1 200 54 Ya 109 Ya 51 • Inc American May 13 *64 Ya % 50% Broadcasting-Paramount Theatres 5Ya Mar 25 18 3/4 Apr 54 *108 98Ya 383/8 100 603/4 Mar 23 Ya Apr 2% 50 V* 91 54% 108 Ya 108 6,600 17% 9% American 86 44 Ya 167 17% 5Ya%—50 6 4 44% 44 Ya *2% 53Ya 9% *42% 4 39 Ya Feb 45% 50 9134 54 Ya 54% 110 400 1,900 39 Ya 91 53 Ya 173A 33% Feb 19 44 % *91 92 54 *108* 20 Ya 28* Ya 76* 18.% *53% 24 0Ya Jan 23 *91 543/b 50 Y4 X44 2% 2 ser Co 368/a Feb 92 108 50% 51 10 common 1952 & 20 54 108 __50 common preferred Chicle Jan *91 54% 76Ya 100 lOYa May 22 37 92 13% Chain 39 39 76 preferred 19 9 28 33% 50 Ya 1 common Feb 17 23 Ya 39* ■« 66 Lines Inc 40c American & Foreign Power—No par Apr *28 Ya 39% 109 Ya 54% 1 Export Jan 28 39 172 American 4 20 Ya 28 39% 65% 4 48 *20 27% 39 170% 17'A Feb 14 20*. 27% 39'A 170 Ya 1 11 *91 *108 *20 28 168 Ya 15* May 10 . 169 Ya American "50 98 Ya 93/4 68 Ya Distilling Co Feb *96 *95/a 64% 13% conv 102 68* 168 Ya Airlines 300 6,600 93A 64%' European Jan 98 Ya 400 353% 68 Ya Encaustic Tiling- 6% Jan *96 150 88 *99 167% American 85 98* 102 No par cum 16,000 93/4 20 Corp American 48 *99 Chemical—No par Petroleum American 3 101% 17Ya Amerada 4% 148 35% 39 7 3% Oct 21 353/4 *96 I,600 *86 86 Ya 35% *17 Ya 20 30% Sep *38% Oct 85 35% *36 83/a Jan 8 88 17% 31* Jan 7 4% 3,300 19 Ya 72 *147 *98 3/8 98 Ya 3 Ya *71 4 Ya 152 39 Ya 9 12* Mar 72 4% 150 34 Ya 34 Ya 102 3 19 Ya 68'A 30% Apr 7* Nov 13 4% 17% American 5 *84 88 *71 72 *35 Ya American 39% Jan 152 4 Ya 17% 16 5 *71 146 39 7% Apr May 34 Y4 71* 4% 148 •17% 28* Feb Dec 4* *35* 31 8 45/a 96 new 33* Aug 11 18* Aug 14 9 89% Jan 71 72 17Ya 16 Jan 4* 39 26 151 *71* *17% Crystal Mar 10 19% 600 1 Color type Co— 132 3* 19 Ya *35 Ya American 22 3Ya 19% 1 American 170* Jan 3% xl9Ya 50 18% Mar 25 9 100 3* 19 Y4 6% convertible preferred Amalgamated Sugar Co (The) 50* Feb 6 157 Ya 3* 19 Y4 44Ya 34* Jan 55% Jau *155* *3* 45 Ya 96% Mar Apr 23 108 157 Ya Ya •107* 2% 23 Ya Mar 25 9 *155 70 3,800 108 45 6 47 157 Ya 108 50 Ya 27% 3* 100 no Co 2 69* Jun *155 Ya 9% 100 50% 44% 5 4 157 % 1,400 33 Ya 27 Ya 19 % *98 new Leather 2 40* Aug 25 May America Limited 16* Jan May ♦155 Ya 30 Y4 27% 3% No par 90 6 15 158 303i 19 % preferred—100 21% Jan Mar 158 2,100 51 27% 108 23 Ya No par 19* Feb 25 96* Jan *107 Ya 4,700 *32% 9% •50* 27 Ya 108 102* _ 26 Apr 15 143 4 9% 51 27 Ya 300 5 2234 33% 1 15% Mar 20 Feb 31 *32% 9 Ya *50* 27* 30% 33 Ya 9* 9* 51 23% 31* ♦33 23 Ya 107 5 5* par 15Ya Mar 19 4* Jan 27 Ya 30% 107 com 6% 14 6 *50 Ya 23 Ya ♦107 % 100 of Co Aluminium Jan 15 4* Dec 29 2,900 9 Ya 9% 51 275/a *99 common convertible Amalgamated Amer 18 9Ya ,, 34* gtd Alpha Portland Cement 20 13% Feb 3,400 34 preferred 3*% 26 97* May 19 27% 383A 3Ya% 47 27 Ya No par Dye American Bank Note 21 27% *27 Ya American 29 27% 23* 108 5 Amer Agricultural 12* Jan 27% No par 15% Jan 22 26% 1 Co 75* Jan Apr 9* Apr 42* Apr Apr Corp Inc & Allis-Chalmers^Mfg 84* Feb 20* Dec 20 26 Ya Stores Corp common__No par 4% 2 1,400 263/4 5 107% —1 Allied Mills 40% Jan 59Va Jau 50 27 5 107 5 Allegheny & West Ry 6% Allied 118* Jan 50 5 *104 10 preferred cum 3 7 50 "84 2 24 50 88 4 8 50 Ya *86 Feb May 50 Ya prior conv preferred-No par 98 10* Mar 51 *142 104 76% Jan 33% *50 Ya 146 17 9 30 Ya *32 Ya 51 *142 23 Jan 30 Ya 32 Ya 26:% 100 Ludlum Steel 3,200 30Ya *50 104 * 100 A Shares 43 24 104 Ya 100 common Ya 23 Ya 9% i 42 24 100 $2.50 44* Feb 35 Corp preferred 42 Ya 5 27% Mining 42% 4Ya *50% preferred 5*% Allegheny 141* Jan , 4*% Ya 5 1 Gold 42 107 50 com 42 Ya the Week Friday May 22 "104 Ya common__No par w common Allegheny 6 16 67% May 14 91 Inc 10 23 15 Juneau Aldens Jan Dec w Alaska 27 Jan Equipment Inc pfd 1951 series & Vicksburg Ry Apr 10 Mar 27 4.50% Alabama 39 94* Apr 36 Feb 5% Mar 25 152 Gas 42* Sales lor Thursday May 21 32 Ya 10 1 preferred PRICES 303A 1 Reduction 91 25 9 5 Mar 11 3% Apr 14 20* Mar 18 74 $3 Air 6 17 78* Aug 11 9 v Affiliated 3 8 42* SALE May 20 23* No par Corp 13 Jau 36* Feb 21 3* Oct 23 160 6 Admiral Feb Nov 40* Dec 46% Apr 80 98 21 21* Jan 00 6 Feb 110 36 06* May 12 4% Feb 32% Apr 99% Apr Aug 28 32* Feb 21 Apr 17 July 17 70* Jan 132 Mar 114% Jan 2 23* July 158* Dec 16 29% Jan Apr 5 Apr 51 23 Apr 24 31% Oct 30 151 2* Apr 73 lOYs Mar Jan 106 4 79% May 50 26 % Apr 11 Jan Co Corp 32% Jan Aug 28 115* Dec Express 42Ya IIIGn Wednesday 107 5 10 Addressograph-Multigraph Corp 6 42* *104* 2.50 Co Adams-Millis 2 22 Adams Co Motors Steel May 19 5 27 8% Jan May 21 ACF-Brlll Acme AND Tuesday May 18 100 preferred 25 7 61 Laboratories 4% 59% Jan 9* Jan 29* Dec Abbott 36* Feb 7% July 17 1 Monday Par 24 24 18 LOW STOCK Apr 25 Ya Apr May 5 29 22 9 Jan Jan YORK EXCHANGE Apr 24 23 32% Oct 24 NEW 1 Highest 22 48 FOR EVERY LISTED ISSUE STOCKS Year 1952 Lowest Exchange 29 Ya 102 30 % 102 373/8 373/a 54% 30 *101 Ya 37 Ya 543/4 37 Ya 55 Ya 10 54-% 14 ♦11 Ya 12 *11 Ya 12 5 *33/4 4 *3% 4 No par 38% 38 Ya x38% 333/4 37 Ya 54Y4 *11 *3% 38 Ya 103 37 Ya •101% •37 Ya 103 37Ya 102 37 Ya 55% 102 37 Ya 56 56 553/4 12 ♦11% 12 *11 Ya 4 *3% 4 •3% 33 Ya 38% 38% 150 900 7,500 4 39 25,200 56 Ya 39% 12 2,400 13 14 The Commercial and Financial (2258) NEW YORK STOCK RECORD Range for Range Since Jan. 1 Year 1952 Lowest Highest Lowest NEW 7 27% Jan 22 1fi% Ppb 9 23% Mar 27 Argo 1 8% Oct 22 42% Dec 31 37% Apr 7 43% Jan Armco 5 10 % Jan 2 15% Oct 35% May 12% Mar 5 12% Mar 26 Steel & Armour Mar 13 83 Jan 2 46% Nov 10 57 Jan 28 48% Feb 9 55% May 22 3 99 Apr 1 91% May 7 97 Jan 7 83.75 116% Jan 22 112 Jan 7 $4 Dec 31 108% May 4 16% Apr 30 19% Jan 2 Arnold 96 22 107% Nov 3 16% Jan 19 22 7% Oct 24 25% May 9 9% Dec 19 32% Dec 6 28% Apr 31 16% Oct 22 29 31 1 v15 Aug 18 Feb 9 26 23% Mar 25 27% Dec May 19 Feb 11 93 Mar 25 $6 18% Mar 25 19% Feb 10 91 Feb 28 91 Jan 96 Apr 6 100 23 96 Jan 6 99 32 Mar 25 98 Jan 27 4 217/a Jan 7 94 Aug 26 75% Jan 9 96% Feb 28 31 Sep 15 *93% Jan 2 26% May 1 31% Sep 30 102 % Oct 2 24% Feb 15 90% Apr 24 Jan Jun 13 52 Apr 10 57% Jan Dec 1 25% Feb 18 28% Jan 5 29 97% Nov 6 93 123% Dec 23 102 Dec 22 107% Apr 28 % Apr 110 36% May 8 100% Juri 44% Jan Oil & 16 99 Jan 23 6 'A Feb 27 18 , 11% Jan 23 243/4 Apr Refining Co 4% *10J% 17% *16% 30 30% 9 30% 9 30 . 111 17% 9 30% 9% 30% 9 180 100 9 1,700 , 30% 29% 30 800 8,600 20% 20% 20% 1st Goods 96% 96% 97% *96 100 97% 97% 96% 97% *96% 10 preferred Investment Topeka 30% 30% 30 30% 92 C3 100 Co new & Santa *96 97 *96 97 *96 *96% 97% *96% 97% 30% 30% 30% 4,100 . 97 97% 30% 30 r 31 30 120 2,700 Fe— 50 Electric Co — 92% 93% 93 96% 97 96% 97% 52% 8,600 50 City 52% 52% 53 53 53 52% 52% 52 % 52% 2,200 10 26% 26% 26% 26% 26% 26% 26% 26% 26% 26% 3,600 100 Coast Line W I 94 No par RR 103 SS Lines 1 110% series (voting) 103% 106% 105% 113 *111% 112% *111% 28% *110% 93 93 93 *93 93 107 94 60 105% 7,600 *111% 112% 200 28% 112% 106% 28% 28% 28% 92% 91% 92% 91% 29% 91% 2 6 '/a 91% 91% 91% 90% 92 400 29% 30 x29% 29% 29% 29% 29% 30 29% 30 3,400 32% *32% 33% 1,900 32% 29 102% 102 19% *18% No par *18% 6% 6% *6% ($1.20)^..No par common pref Co • *15% 16 5c 9% 10 Amer—5 *16% ——_— Mfg Corp *102 No par Canteen of *15% 33 32% 102 101% 19% 33 7 *32% 101% *18% *6% *100 20 7 • 16 15% 29 33 100% 7 *15% ;v 13,200 16 100% 80 *18% 20 *6% 15% 33 101% 20 . 19% 100 7 7 600 15% 15% 200 9% 9% 9% 9% *9% 9% 9% 16% 16% 9% 2,400 16% 15% 15% *15% 16% 15% 7% 7% 7% 7% 15% 800 3 7% 7% 7% 7% 7% 73/4 No par 45% 45% 20,100 *45% 46% *46% 46% *46% 46% *46% 46% 100 (The) common preferred.. conv 104 x28% 20 Corp Co 94 102 10 B convertible pfd series A___1U0 prior *93 100 common $3.75 Nichols 94 104 111% 96 5 Refining $2.25 1,200 Corp— preferred Tack Avco 10j% *16% 9 20% Conv 26 *103% 17% ' 20% Austin 52% Feb 26 » 9 19% Common Alias 16% Mar 13 109% *16% 9% 20% Autocar 39% Dec Inc— 1 Automatic 6 17% °108% 16% 20% 6 16 112% *16% 109% 16% 20% 4 8% Oct *110% *108% 1,300 2,600 , 16 11% Mar 31% Oct 93% 90% 27 17% Mar 30 55% 93% *90 15% 5 9% Jan 54% 93% 27 9 22 54 93% 16 5 5% Dec 90% 54 93% 27% 7% Jan 8% Feb 90 53% 93 15% 15% May 7% Apr 24 45% May 14 89% 53% 92% 27% 13% Jan 14 89% 53% 92% 20 3 8% Nov 21 89 53% 92% 16 5 50 % Nov 89 53% 27% 3 3 90 53% *92% x26% Nov 26 90 No par xl5% 9% Jan 6% Jun No par 4,000 15% 15% Jan 42% Jun 19,100 27% 17 17 11% 15% 30 5 11% 27 Oct 6' 11% 16% 12% Apr 14% May 11% Atlas Corp Alias Powder— 9 7% Mar 11% preferred 7 Jan 10.000 11% 27% Preferred 36% Mar 27 8 39 11% 15% Atlantic 2 108% Mar 18 May 33% 11% 27% 2nd 4% 2 24 18 39% 11% ■ J.,1 Atlantic 22 30% Feb 31% Apr 3 7% Dec 33% Jan 14 38% 11% preferred—No par Dry Atlantic G & 24 20 30 Atlantic 20 20 2.50 3 Mar 114 20 *9 2 100% May 22 30 Mar 24 19% Preferred 97% Mar 25 119% Jan Apr 29% Apr 30 31 May 13 90 24 30% Jan 26 117% Jan Apr 19% 39 Common 13 27 18% 38% _5 Associates 5 58 4 5% Oct 103 104% Dec 18% 38% No par Atchison 73% Feb 51% Jan 18% 38% preierred $1.50 series__No par 6% Shares , 19 ' Corp 5.25% 22 Jan the Week Friday May 22 38% Common % Apr 22 24 2 Sales for Thursday May 21 —No par Industries 2nd 22% Mar 11 22% July 25 101 Dec 16 PRICES 18% Carpet Co Inc Ashland Mar 27 SALE May 20 com—5 Illinois Constable Arvin 6 28 % Apr 20 of convertible Artloom HIGH Wednesday 38% preferred 32% Jan May 19 5 prior preferred conv AND Tuesday May 18 Id Corp Co Associated 18% Feb Monday Par Armstrong Cork Co com 10% Mar 26 29 STOCK Oil. Corp 92% Jan 77 y< Oct , YORK LOW EXCHANGE Highest 25, 1953 Continued—Paga 2 STOCKS Previous ...rhC Monday, May B 6 Jan 8 10 353/4 Jan 14 42% Mar 25 Babcock & 22 10 7 11% Mar 26 Baldwin-Lima-Hamilton 30% Mar 19 Baltimore Jan 17% Feb 20 293/8 Dec 36% Feb 20 49% Nov 13 45 18 23 23 % Jun 26 65% Jan 11 73 Nov 24 20% Apr 70 % Jan Oct 16 543/4 Dec 10 49 Feb 13 15% Dec 22 19% Jan 10 153/4 May 14 Apr 42 Apr 7 Jan Babbitt 16 23 24 48% Mar 25 7 22% Mar 17 6 76% Mar 17 (T) Inc 6% 6% 6% 6% 6% 6% 6% 38% 39 39% 40 39% 393/4 39% 39% 39% 40% 2,900 103/8 10% 10% 10 3/8 10% 10% 103/4 10% common—100 10'A 25% 26 105% 10,700 noncumulative preferred—.100 4% _1 (The)_Nopar 27% 46,600 47% 4,200 — Wilcox Co Ohio & Bangor & Aroostook Convertible 59% Apr 5% Barber Oil Barker 7 173/4 Mar 12 Brothers Corp Jan 23 38 22 213/4 Apr 24 25% Mar 19 Bath 5 9% Feb 13 -11 % Feb 27 Bayuk 33"% Apr 40 Dec 22 34% May 20 40 23 Beatrice Foods Co 31 94 16 94% Apr 16 41 107 Dec May 22 39% Feb Jan 106 Jan 4%% 18 4 ,33/8% 10 22 % Mar 9 Beaunit 22 863/4 May 8 Beck Oct 7 13% Apr 33 % Jun 17 12 Apr 17 16 30 Jan 12 313/a Jan 14 10% May 16 153/u Jan 19 143/4 Apr 28 23 Dec 9 18% Oct 27 28 31 Feb 27 8 May 19 Feb 5 163/4 Mar 20 33% Jan 30 3/8 Mar 19 11 % May 11 7 26% Feb 19% Apr 28 14 20 % Apr 27 Bell 2 22% Mar 13 13 94 May 22 90 May 21 93 45 % Apr 24 64 Dec 22 57 Apr 14 38 Dec 1 Jan 19 106% Dec 11 1% Nov _ _ 1% Mar 14 1 23 34% Apr 27 96 Apr 24 ' 293/4 Jan 22 253/a Feb 20 3 363/a Dec 15 33 % Apr 7 46% May 1 55% Dec 31 49% Apr 139% Apr 29 12% Oct 16 146% Aug 26 25 Oct 76% Sep 32 Nov 15% Oct 2 3 20 18% Jan 7 Jan 14 84 39% Mar 12 18% Nov 28 137 May 4%% Cum l3/4 Jan 7 Benguet Best & Bethlehem Steel 6 30 16 Jan 15 13 36% Jan Black 13 & 2 22 % Mar 17 18 15% Feb 9 213/4 Jan 5 Bliss Dec 11 20% Jan 5 24% Mar 12 Bliss 25% Nov 18 223/4 Fob 10 27% Mar 18 Blockson 31% May 16 41 % Dec 23 39 % Apr 24 48% Mar 20 Boeing 17 29 25 Jun 30 19 % Apr 24 23% Mar Bohn 21% Dec 29 293/4 Jan 2 21 % Jan 2 29% Mar 18 6% Oct 15 11% Jan 25 7 Jan 2 12% Mar 12 12% Nov 6 1 13 Feb 18 6 11 Jan 13 12» 52% Jan 14 58 % Mar 27 75% Feb 86 Mar 25 88 94% Jan 54:%-Aug 28 61% Jan 9 82 89% Jan a 95% Apr 23 Dec 15 May 11 Mar < 3 Bon 143/4 Feb 21 39% Nov 47% Feb 21 13 25% Jan 2 9% Nov 17 15% Apr Dec 1 143/4 jan 25 35 r ' 9 Apr 23 21 % J-an 2 33 Mar 11% Jan 9 12 36 Apr 30 423/4 Feb 30 % Apr 24 37 21 34% Apr 27 *23% Nov io 35% Feb 4 9 1033/4 Jun 4 ! 20% May 13 92 % May 13 24% Oct 21 27% Jun Jan 95 *50 Jan 11% Oct 3 31 993/a Feb 9 23% May 19 27% Jan 29 4634 May 20 54 29 62 163/4 Dec 16 7 403/4 Feb 14 14% Nov '7 193/4 Jan 3 84% Jan 76 Jan 8 25 16 Dec 12 Jan 2 118 Apr 26 33 22 Apr 28 11% May 1 18% Jan 7 14% Dec 31 129 July 393/4 Sep 2 14% Dec 31 35 Jan 9 13% Apr 82% Jan 24 12 83% Dec 4 13 14% Jan 17 14 19% Nov 12 26 Jan 86 Mar 16 26 3 Apr 23 Jan 2 27% Mar 20 105 ,Jan 19 109% Mar 10 193/4 May 18 24% Mar 12 4 *90% 61% 353/4 35% 36 99% 101 35 *99 1% 26 36% 14% *74 35% 19% 16 *213/8 102 1% 1% 26 26 36 3/4 363/4 93% 1% 1% 26% 26 37 513/4 52% 139% 36% 20%- 20% 20% 90 90% 62% 633/8 36% 363/s 36% 101 102 • 101 1% 1% 25% 37 52% 523/4 14% 14% *74 75% 343/4 35% 193/4 19% 145/s 14% 75% *74 140 14% 145/8 *35 36 19% 193/4 20% 20 % 16 15% 16% 15% 16 % 22 22 22 213/4 213/4 _ ' 193/4 193/4 19% 253/4 25 25 26 43% 20 19% 20 25% 24% 25% *8% 8% 8% 13% 133/4 13% 135/8 133,4 135/s 13% lls/8 11% 11% 11% 115/b 11% 11% 54% 55 55 55% *55% 561% 5,200 80% 81 80% 81% 80% 803/4 2,900 91 89 89 88% 881/2 90 11% 11% 7,300 537/s 54% 53% 80% 803/4 80% 80% 88% 88% 90 90 11% 12 11% 11% 11% 11% 11% 100 543/4 • *89 Brlggs Manufacturing Corp__No par 36% 37% Bristol-Myers Co 2.50 common preferred & Brown Shoe Budd $5 conv '4%% Butte '7% 39% 40 34 29% 293/4 293/4 900 9% 9% 9% 9% 3,400 24% 243/a 24% 4,600 14,500 6,200 23% 24 24 24% 24% 37 363/4 36% 363/4 37% 39% 403/4 39% 401/s 37% 373/4 38 38 38 38% ,38% 373/4 38% 1,000 21% 21 21% 21% 21% 21% 21% 21% 2,200 .21 233/4 233/4 23% 23% 23% 23% 23% 23% 2,400 47% 47% 47% 47% 46 3/4 473/8 *47% 48% *473/8 1 48 3/8 1,400 123/4 12% xl2% 12% 12% 12% 64% 125/8 123/4 123% 123/4 1,200 Inc 15 *92% >92% 94 24 94 *92% *24 94 63 64 64 18% 18% 183/8 18% 183/4 18% 183/4 18% 18% 5 common 1,200 28% .283/8 27% 28% 275/a 28% 28 28% 27% 28% 10,200 143/4 7,100 No par No par 1 prior 143/4 *78 52% 143/4 145/e *63 143/4 14% 143/4 145/s 64% *63 14% *78 80 *78 80 *78 *51% 523/4 *52% 53 *52% 145/b 80 52% 52% 23% 23% 23% 233/8 —5 *383/4 39% 383/4 39 _i common *63 80 I—lo — 23% 24 233/4 *38 % 39 *38% *78 52% 24 % 235/a 39 *381% 200 64% 80 400 5234 23%. 4,700 200 39 12% 13 y8 12% 13% 13% 13% 13% _ioo 82 133/8 11,700 82% *82 83 82 82 82% 82% 82% 821/4 250 100 *72 78 *72 78 *72 78 12% 13 *72 5 15% 15% 153/4 153/4 15% 153/4 15% — 1 12% 12% 12% 12% 12% *12% pfd IlOo 12% preferred ;50 common 15 preferred (A M) 94 18% Co new *92 63 Co Co 94 No par 100 Copper & Zinc Byers Co 403/4; 293/4 9% *92% Co Bros 1,400 40 Terminal Bldg 7% 5% 160 3,200 ,100 preferred Butler 590 . No par 4% Bush ,11% 1,800 . com Gas Bigelow (The) 8:i/4; preferred conv Brown *21 5,100 20,300 25 —5 —No par 25% 43% 20 23% Stratton 400 25% 43% 83/4 233/4 Co 3,700 22 20 ——5 Brass 4,400 15% 25% 133/4 : 20% 155/a 83/4 , 40% cum 19% 433/i .» 500 193/4 83/4 11%"': 253% 43% 20 36 25% 83/4 9 25% 42% 3,500 22 20%; 25 3% . 30 5% *35 16 41% 500 143/4 22 25% 6,300 23,600 74% 16 253/a 365% 74% 22 413% 1,000 533/8 14% 353/8 42 13,200 - 141 14% 353/8 25% 160 l3/8 75% 40% 33/4% 363/8 52% 141 50 ^4,000 * 26 *74 9% & 1% 75% 35 % 41% 36% 26 53% 700 '< >7,200 *101 > 103% 140 ■* 63% 36% 37 36% 53% 141% 1,100 4,900 ; V 92 63 '25% *140% , *90% 1% 26% * 253/a 193/4 20% 2,200 11% 24% 63 36% 11% 243/a 93% 62% *100 30% 12% 24 5/g 20 *903/8 62 139% 52% 141 133/4 Bush Terminal Co 12% Feb 20 62% 30 12 29% 9 4 108% Jan 25 % 7 8% Apr 22 195/a 93% 30% 190 24% > 395/e 3 2 12 243/8 9% 15 16 12 23% 61% 13% 30 4,200 33 30% 17 % Feb Feb 12% 233/a *90% - 11% preferred 3%% preferredBurroughs Corp 15% Feb 19% 135/8 33 40% 30 38 12% *23 30 3,500 13% 33 9% Jan Mar 12 19% 133/4 Bulova Watch Co Inc— Mar 19% 9 " 130 30% 233/4 19% 84% 133/4 30% Burlington Mills Corp 21 30 12% 193/4 *82% 33 393/4 2 Jan 30 29% 12% 23 % 120 19% ' 93/8 2 15% May 12 12% May 20 29% 29% *25 I 43% Mar T25 32% 5 Co 17 8 32 30% Brooklyn Union 6 7 31 11% wi__- 2 78 31 100 24 91% Jan 31% 700 84% RR— Jan 30 31 % 100 12% Apr 29 13% 40% Co Jan 13% 9% Bullard Apr 13% 30% 25 % Mar 23 78 13% 40 2 82 13% 94 19 *82% 5 17% Jan 18 13% *92 19% 83 2.50 Forge 14 Apr 94 18% 83 __15 Bearing Airways Inc Buffalo Jan *90% 19 % 83% 1 common Roller 54% Mar 10 84 8% Nov 19% Oct 28 83 % Feb 94 19 83% 10 — preferred 7 923/4 Apr 78% Jan 104 % Apr 5% *91 19% 84 No par (The)__ Apr 38 95 94% 19 84 __l 7 36% May 94 *91 Inc—J1.25 Club 28 1 1,300 L-, Inc 47 Dec 36 No par 78:'/4 Jan 20 353% Corp 50 4 35% 7.50 81% May 29 Aug 343/4 5 Brass 14 % Apr 26 34% Co & 12 41 343,8 Co— Bucyrus-Erie 15% Dec 2,100 34% 2.50 28% May 20 16a/4 Mar 25 15 10% 345/8 J 19 13% Sep 76% Jan 34% 10 : 24% Jan 16 » 34% 50 Brunswlck-Balke-Collender 22% Oct 22% 103/4 Inc_ Maine 40 2234 10% preierred & *39 22% (Delaware) Borg-Warner Corp Boston 1,000 105/s No par Co 16% 40 *39 *16% 22% 51% Co Stores 40 150 2,400 16% 16% 545% 105/8 1 22% Mar 17 20% May 26 27% July 24 *39 Co—1 peso 2 23 40 of 1946_No par 18 % Jan 17" 3 *39 1 23 63% Dec 7 2 40 *39 „io Jan 20 Feb ll3/4 Jan Jan 16% 400 54% 223/4 — 12% May 18 66 % Jan 5 51% Jun Oct - , 5 16 100 Chemical Bridgeport 26% Jan 20 543/4 May 29 12% Feb 14 16 Briggs 38% Mar 11 Nov *15% —1 Mfg Co Co W) Common wi 1 Mar 10 2 55 1 Book»of-the-Month Bower 38% Dec 55 54 100 Ami Co claSs A Braniff 18 55% *139% Airplane 2 Jan 25% 543/4 100 Alumium 7 22% Dec 55% 153/4 55% 15% 101/2 common Laughlin 3%% 13% Mar 19 46 % Mar (E & Borden 12 7 33 2 103/4 Apr 29 39% May 20 29 % Apr 20 54% 12.50 Class B ' 10% Nov 13 Blaw-Knox Bond 14 3 72 (Del) com___No par Decker 22% Dec 14% Jan *71 Carpet (Del) com.5 pld series of 1951 100 4%% 23 9% May 17 49% Jan ,3 72 Bigelow-Sanford 18% Apr 14 22% Oct 27 16% July 11% Mar *71 223,4 preferred 15% Mar 15 Oct 70% J1 6 102 % Jau 70% 105/s : 573/4 Jan 24 72 47 223/4 pfd Mining 144% Feb 21 *70% 2.50 scr Foods 7% 71 263/4 10% Co Best 70% 21% Corp common—10' Consol 5 *21% 5 Loan 37% Jan 20 21% preferred—100 43/4% pfd $3.25 27% Jan 47% *20 3/4 22 % Aviation Beneficial 47% 21% 10% preferred Bendix 27 1 133/4 Apr 31% Apr 18% Jan 12 27% 47% 21 % 22% Corp 6 74 Apr Feb 107% Feb 27 1% May 19 16 29% Mar Jan 38 263/4 46% 21% 10% common Bell & Howell Co 68% Mar 20 293/4 Jan Aircraft 27 47% *20% 22% Beech-Nut Packing Co Belding-Hcminway Mar 16 *91% Feb S) 253/4 46% 203/4 —10 Inc (A 25% 463/4 203/4 900 v ■ No par Aircraft Corp Creek RR Beech 29 Mills Shoe Beech Corp Inc convertible 17% Feb 79% Jan 87 25% 46% 50 50 — Works Cigars 4 22a/4 Jan 14 87 preferred Iron 30 22 20 12 Sep 16% Oct 78 3A Feb 253A Oct Jan 6% -10 common 11% Dec 7 6% —10 new— 24% Dec May 6% 100 common- preferred 20% May 23 9% Feb 21 36 Corp—13 J _5 <T26 *37 % 13% *84 9% 131% 38 13% 85 *126 ♦37% 13% ♦84 9% No par common participating preferred 24% 9% 25% 243/4 .10n ►107% 108% *107% Byron Jackson Co 131% *126 38 37% 131% *127 37% *37% 78 *73 16 155/8 123/4 12% 131% 38 78 127 % 15% 125,8 131% 36% * 37% 90 1,800 13% 13% 133/4 13% 13% 13% 13% 85 84 84 84 84 85 4,000 600 85 93/8 9% 9% 93/8 95/a *9% 95/a 2,600 245/8 25% 255/8 •25% 255% 25% 1,800 *107% 108% *107% 108% ►107% 108i/2 243/4 108 400 193/4 20 19% 19% 20 20 20 20% 20 20% 5 25% 25% 25% 25% 25% 25% 25 3/8 25% 25% 1 2% 253A 23/a 2% 2% 2% —"5 23/8 2% 2% 23/8 2% 8,300 8% 8% 8% 8% 8% 8% 8% 8% 8% 8% 5,400 23% 23% 243/a 24% 24% 12% 10,000 1,900 C 24% May 16 1% Oct 7% Apr 30 22% Jan 9 Jan 2 3% Jan 22 10% Jan 17 26 12 29 28 2 Dec 25 % Apr 6 27% Jan 2 20 3% Mar 2 California Packing Corp Callahan Zinc-Lead 7% Apr 24 23% May 13 9% Mar 2 Calumet & Hecla Inc 2 Jan 273/4 Jan 29 July 17 11% Jan Dec 4 95 Jan 14 92% Jan 9 43% Jan 19 51 Sep 5 463% Jan 22 *16% May 26 50% Apr 30 20 Jan 11 173/a Apr 26% Apr 24 20% Feb 40% Mar 31 24 34 Jan 5 56 47 27 54 Jan 5 119 31% Nov 17 *46% Nov 25 9% Oct 15 16% Oct . 9 7 10 3/4 Jan 9 3 Jan 31 11% Apr 24 28% May 20 18% Jan 30 17% Jan yor footnotes see Jan 3 30 Campbell W & C Foundry—No par Canada Dry Ginger Ale com__ 1.65% *$4.25 conv preferred No par . Apr 163% 13% Mar 102 — Apr 6 Canada Southern Ry Co— 100 Canadian Breweries Ltd—— No par Canadian Pacific Ry —25 Cannon Mills no _ page 24. 5 "13% Jan 29 293/4 May 5 193/s May 15 Capital Airlines Carborundum Carey (Philip) Inc (The) —I" Co Mfg Co par 12% 12% *92 95 *50% 52 *183% 19 27% 27 Vs *47% 48 1 123/8 12% 5 28% 29 ""~lo 19 % 19% 24 12% ♦92 24 24 12% 12% 24 12% 12% 95 *92 95 50 Va 50% *50% 18% 183/4 *18% 26% 27 % 27 V8 27% 27% 48 47% 47% '*47% '*47% 12% ♦24 12% *92 95 *92 95 52 *50% 52 *50% 52 19 *18% 19 *18% 19 28% 48 28 47% 1,100 • "10 200 28% 47 1,700 26,500 % •400 123/s 12% 123/s 12% 12% 12% 123/s 12% 4,700 x28% 28% 28% 29 28% 29% 29 29 % 3,000 19 % 19% 19 % 193/8 19% 193/a 19% 193/a 1,100 ~ . Volume 177 Number 5223 ... The Commercial and Financial Chronicle (2259) NEW YORK STOCK RECORD Range for Previous Lowest 9 Feb 20 34 Range Since Jan. 1 Highest 104% Jan 116 lowest Aug 5 41 % Dec 10 NEW Highest 103% May 22 X37 Va Jan 113% Mar 19 43 6 Mar Carolina 30 53% Jan 28 42 Apr 6 49 23 36% Dec 4 34% jan 2 45% Mar 39% Jan 10 58 Dec 4 55% Jan 5 72 Mar 16 72 Dec 4 69 Jan 5 89% Mar 9 / 14% Dec 3 13% Feb 10 Power 5 57% Oct 20 Oct 21 142 Nov 3 2 47% Jan 66 Dec Case 143 Jan 105 3 104% Aug 7 98 30 51% Jan 2 25% Apr 150% Feb 26 110 % Jan 2 5 • 6 16 Oct 2 17% Jan 28 15 17% Jan 47% Jan 7 13 36 Apr 24 104 Jan 8 Dec 24 6 133% Jan 2 Jan 5 98 Preferred 16% Mar 18 5% 19 20 % Mar 25 Central 31% Apr 20 40% Jan 22 8 62% Apr 20 73% Jan 30 11% Apr 30 13 Apr 21 May 15 110 40% Aug 18 37 99 2 5 340 38% 38% 383/4 5 44 % 38% 44% 383/4 45% 46 % 3,000 *45% 46% 45% 45% 45 45% 800 13,900 10 41% 413/4 50 66 66% 50 "82 \ 5% 6 18% May 15 20% Mar 21% Apr 24 28% Feb 24 24 2b»,u Feu 2 4 %'/e 24% Oct 9 21% Apr 25 Class B 20% Dec 1 19% May 18 22% Mar 27 Central & 21 Feb 6 14% Jan 17 % Mar 16 Central Violeta Apr Dec 10 3 33% Oct ; Jan 29 8 25% May 13 16% Apr 1 14 Apr 28 15% Mar 20 Feb 8 30% Apr 28 37 v 42 28 15 58 % Feb 9 23 8 69% 600 1,100 85% 87 87% 87% *86%. 13% 87% 13% 133/a 13% 133/e *131/4 133/a 900 129% *128 19% 13,700 60 19% 19 60% 99% *97 26 19% 19% 128% *128% 129% 60% 99% 27% 19% 128 130 60% 26% 60% *97 26% May 13 9% Mar 12 38% Jan Feb 5 27% 3 de Chain 273/8 2,300 993/8 27 27% 36,100 128% ♦125% 127 84% 84% 843/4 84 831/4 84 17% 841% 18 17"% 17% 1,600 17% 17% 18 18% 18 18% 16% 2,800 *16% 16% *16% 16% 20 *20 20% *20 20% 16% 20 6% 127 *16% 20 6% *6% 127 127 *125% 6% *6% 6% 6% 6% *16% 20 10 16% 100 20 *6% 800 6% 1,200 34 343/4 35 35% 353/8 37% 37% 38% 37 67% 37% 67% 67% 67% 10,000 67% 683A 69 693/4 12% 69% 69% 12% 4,300 12% 12% 12% 12% 12% 121/4 12 38% QQ 12 % 2,600 39 391/4 39 39 *38% 39% *101 103 100% 19 100% 102 19% 102 101 101 *38% *101 18% 19% 18% 19% 18% 19% *23% 24 *23% 23% 23% 24% 24% 24% *23% 24 *23 % 23% 241/a .24% *23% 24% 5 19% 19% 19% 19% 19% 19% 19% 19% 9.50 14% 143/4 *14% 151/4 15% 15 3/8 *14% 153/s Corp Co 50 60 84% 50 West Sugar No par 600 393/4 102 19 50 19% 2,300 *23% 24% 900 *23% 24% 100 19% 19% 28,600 *14% 15 % 300 Corp Products Cprp Co *8% 8% *8% *8% 8% 5 26% 263/4 26% 27 271/4 27% 28 28% 28 28% 4,200 1 14% 14% 14% 14% 14% 14% 14% 14% 14% 14% 10 Pasco Belt 27 59% *97 *125% 16% —— Certain-Teed 60% 993/8 50 Century Ribbon Mills Cerro *97 129 85 100 South 60 % 993/8 18% 129 127 20 Central RR Co of N J class A 17 8 43% 691/4 84 3/4 Central Illinois Public Service—_10 31 13% Oct 43% 69% *125% par 100 preferred 20 X34 44 69% ' Jan 16% Apr Feb 43% 67% 84% 26% Hudson Gas & Elec—No par Central' Illinois Light common * 15% Dec 15 433/4 67% 19 " 9 41% 67% "83 "97 1 Georgia Ry vtc_—No 41% "66 "13% _20 preferred series B vtc 105 19% —5 Co 104 13% 59% No par Sugar 104 84 129% 100 common 41 % 104 19 10 —— 104 13% 1 12.50 Central 42% Mar 25 24% Oct 29 15% Feb 104% 38% preferred Central of Mar 27 Shares 103% 39% 100 Aguirre the Week Friday May 22 39 Central Foundry Co___ 26 Sales for Thursday May 21 104 conv Corp PRICES 39 preferredL 100 preferred series A-100 4%% 24 21% Nov 25 19% Oct 2nd 7% SALE 105 common..; 4.20% Celotex - 8 110% Oct "104 HIGH Wednesday May 20 38% Corp Tractor Tuesday May 19 May 18 No par preferred Feb 7% Feb Ry_100 common... General . Celanese Corp of Amer com—No par 19% Mar 25 % Apr 24 6 Ohio & Light Co common-__ Caterpillar 22 68% Dec 29 Feb 38% Jan 16 14 35% Dec 17 10% Jan 7% 2 & (J I) 19% Feb 20% Mar 12 9% Feb 9; May 1 83% May 22 17% Feb 9 19% Jan 19 % July 30 6 Oct 23 - 24 May 14 124 * 15% Oct 24 Corp Carriers 5 65% Jan & Conv preterred 4% series Conv preferred 4.80% series jJan 128 31 Monday Par Carpenter Steel Co— Carrier 5 14% Mar 27 33% Oct 94% Nov 16 25 18% May 22 99% Jan 131 JA Dec Jan May 20 56% Apr 24 30% Apr 18 154% Aug 21 STOCK Clinchfield Carolina 4 21% Jan 10% Feb YORK LOW AND EXCHANGE 39 % Oct 22 Continued—Page 3 STOCKS Year 195 2 3,400 32% 323/4 *321/4 331/4 33i/4 33% 33% 33% 33% 33% 1,400 8% *8% 8% *83/8 85/a Champion Paper & Fibre Co— 22% May 1 30 28% May 22 July 24 95 Common Jan 105% Oct 21 8% Jan 17 May 17 34% Jan 26 28% May 1 31% Feb 4 28 17 7% Mar 27 10 36% Apr 7 41% Feb 2 Dec 23 * *285/8 29% *28% 29% 29 29% 28% 29 *955/8 96 *953/4 96 *95% 95% 953/4 95 95 6% 6% 6 3% 63/8 *6% 6% 6% 6% 63/s *29% 30% *29% 30% *29% 30% 30% *29% 30% 38 385/8 38V4 38% Jun 20 23% Jan 17 26% Mar 17 18% Jan 26 19 Ve 54.50 39% Dec 4 88 16 % Feb 20 22% July 22 15% Feb 20 27 21% July 7 23% Mar 13 21% Mar 24 18% Feb 20 28% Dec 12 Apr 28 26% Jan 5 28% Apr 17 34% Dec 1 30% Apr 23 34% Jan 21 12% Mar 1 18% Dec 17 14% Feb 10 18 Jan 6 — , preferred Checker Cab 9 23 80% May 21 19 % Apr 20 85% Jan 23% Dec 2 81% Jan 33% Jan May 22 No par 30 32 18 23 5% Feb Manufacturing -1.25 Chesapeake Corp of Virginia 5 Chesapeake & Ohio Ry common—25 15 103% Ja» Jan 5% Oct 98 3%% convertible A 37% 37% 37% 37% 81 81 81 81 82% 80% 80% 801/2 800 19% 19% 193/4 19% 20 20% 21% 20% 20% 6,500 40 24% 24% *24% 24% 24% 243/4 245/a 24% 25% 2,000 8,200 ^ 373/8 *80% 193/4 20 19% 193/4 19% 21 21% 20 % 21% 21% 22 22% 22 22 1,800 323/4 323/4 323/4 32% 33 33% 33 33 1,700 15% —50 Chicago Ind & Louisville Ry cl A_25 —— 15% 155/B 15% 15% 16 163/8 15% 16 5,700 ' Oct 28 18% Oct 15 24 x39 % Feb 27 51% Dec 23 Jan 16 16% Feb 21% May 21 20 20% Apr 42% Dec 26 32% Feb 30 35 % Feb 42% May 21 45% Apr 24 56% July 23 51 % J an 62% Mar 19 61 % Apr 28 75 July 25 68% Jan 49% Jan 9 72% Dec 23 65 % Jan 75% May 22 81% Jan 11 92 Apr 95 9 Feb Class B 82% Mar 19 7 15 10% Dec 8 Nov 95 3 Jan 6 16% Apr 24 22% Jan 13 42 18 Mar 19 23 51% Jan 2 May Apr 7 10 Jan 8% Sep 18 12% Feb 6 27 27 18 Jan 8 11% May 20 30 4% Mar 12 2% May 15 12 14% Feb 2% Oct 3% Feb 10 14 Nov 29% Nov 5 68% Feb 27 37% May 1 13 10% Jan Mar 12 10 48% Jan 25 29 98 30 75% May 19 10 37% May 15 Dec 41% Jan May 18 18% May 20 102 37% Dec 31% Jun 35% Jan 22 51 25% Apr 28 89% Oct 22 9 Jan 8 92 Jan 21 28% Jan 4 114 Jan 30 Oct 14 33% July 14% May 12 18 79% Nov 7 12 90 Sep 48% Dec Feb 7 155 74% Jan 5 21 30'/a Jan 79 37% Apr 29 9 ; Apr May 21 7 Jan 95% Jan 14% Jan 102 Jan 33% Mar convertible C I City May 13 109% Jan 19 Sep 3 42% May 6 44% Mar 19 4 25% Apr 22% May 3 136% Aug 130 5 Mar 17 Jan 2 109% Jan 7 Jan 7 3 Feb 4 7 117% Jun 13 40% Jun 23 47% Dec 24 42% Apr 88 78 874 Milling Machine Co—_10 48% 49 27% 10 Co Co Pitts RR 7% 165 *155 84% *83 52 165 % 84% *155 *83% 350 2,000 165 84% 52 2,800 104% 103 103 103 103 103 103 *103 104 230 *72 72% 72 72 *72 73 *72 73 *72 73 *42% 43 3/s 104% 513/4 52 52 100 42% 16,200 26% 10,000 91% 92 4 1 3% 31% 313/4 132% 132% Corp 7% —: preferred 100 prelerred—100 (The)— No par cumulative 2nd 4% Corp—No par 6 67 Mar 24 4% noncumulative 1st Jan 6 65%.Mar 24 4% noncumulative 2nd 33 Jun 3 40% Feb 1 38% Jan 8 .45% May 22 32% Jun 4 39% Feb 1 38% Jan 9 24 Colorado & 22 5 16% May 22 Jan 5 Southern No par - *86 113 *850 *86% 88 *86% 863A *86% 863/4 86 3/4 20 19% 19% *19% 20 20 20 18% 19 18% 18% 18 3A 19% 19 19% 61 61% 61 61 62% 62% *62 63 61% *60 61 445/s 45 45 45% 7,200 44% 44% 45 45% 45% 2,600 13% Pictures No par common—No par 13% 13% *60 13 % 133/a 14 14 14 143/4 *60 60% 61% 62 *61% 13% 24% 24% 24% 24% 243/4 24% 2434 25 25% 253/8 4,400 Inc_Nopar 43% 44% *43% 44 44 44% 44% 44% 44% 44% 1,800 .10 333/4 34 34% 345/8 34% 343/4 345/e 34% 345/8 34% 6,700 _No par 20 3/4 -21 203/8 20% 20% 21 20% 21% 2038 21 8,600 •34% 34% Co_ — 345/3 35 34% 34% 35% 35% 355/8 16,600 345/8 345/s 345/e 34% 34% 35 35% 35% 2,800 *35% 353/4 35% 35% 35% 35% 35% 353A 1,900 7% 7% 7% 7% *7% 7% 7% 7% 1,100 24% 24% 24% 243% 243A 24% 243/4 245/„ 245/a 2,200 23% 23% 23% 23% 235/s 23% 233/4 235/8 235/8 *283A 29% *28% 29% *28 34 29% *283/4 29% 8% 8% 8% 8% 8% 83A 83/4 8% 10 24% No par .Consolidated Cigar No par Consolidated Coppermines Corp—5 23% 27 COne 24% Jan 15 Nov 6 31% Feb 7 28% Apr 30 12% Jan 25 23 8% Apr 23 31% Jan 1 Feb 25 39% Nov 19 40% Feb 4 109% Jan 5 160 2,600 Elec__5 7% 27% Jan 16,800 62% 47% *7% 10 46,800 16% 62 47% Publishing Co—No par 22% Feb 13% 15% 473/8 35% 2 133/8 153/s 62 47% 34% 2 20 47 353/8 25 14% 170 170 61 46% *34% 28% Jan 13% 62 62% 46% 25 19 13% *61% 46 25 21% Apr *60% 14 13% 1. 23% Oct 28 62% 61 46% Solvents convertible 62 63 *60 46% Ohio & Southern conv 61 62% ■ 61 Co com—25 7% Apr 27 23 % Apr 24 90 600 14,100 44% preferred 18 19% 4,000 ' 43% Commonwealth Edison 10% Feb 86% 20 43% 2 10 19 44% 43% Engineering $1.32 86% *19% 43% Credit :$1.40 44% 863A *19% *43% Combustion 37% Mar 16 *850 44% X43% Commercial 37% Mar 16 44% 44% Commercial 33% Apr 445/s 44 6 34 *850 44% 43% Columbus 33% Apr 28 3,500 433/4 26% Mar 16 31 200 1143/4 131% 2.50 —- 5 31 86% 113% *60 23% May 31 *85% 113% 61 51% Mar 17 34% Dec 131% 86% 112% *850 45% 60 132% *85% 87 113% 443A 45% 1,100 4,000 63 9 35% Dec *131% 112% 110 35/8 32% 60% 45% Jan 2 132% *86 32 61 cumulative preferred.No par Columbian Carbon Co_ No par 14 *1311/4 87 113% 3% 3% 32 *62 $4.25 30% Jan 3% 31% *60 B Columbia 35% Dec 26 3% 313/4 100 Columbia Gas System Inc 32% Jan * *35/8 31% 132% *131% 87 113% *850 45% 3% 31% 31 pfd 100 pld—100 Ry com 63 37% Mar 17 86% 113 3% *91 8,900 23 Broadcasting Sys cl A.2.50 Columbia Class Iron & 6 Mar 25 *421% 3% Cluett Peabody & Co com—No par Clopay Jan 6 41% 41% 55 Apr 27 51% 80 40% 26% Fuel 22% Jan *83 79% 913/8 55 27 155 51% 51% 16 79% 40% 16% 26s/8 12 Apr ' 84% *83 700 16% 16% 79 x40 16% 500 2,100 313/4 413/s 28 18 16% 313/4 31% *91% Colorado 46 165 31% 91% 20% Mar 17 38% Jan *155 : 52 32 12% 101 91% Dec 20 84 31% 123/4 *99% 91V2 13 Apr 28 165 16% 85 5/« 101 92 Nov 33 *15% *81 313A' 86 3% 13 13 *99% *913/4 preferred conv 59 39% Jan 16% 13 101 100 cum 60 38% Aug 7 35% Jan 11 313/i 13 *99% 235/8 2 34% Dec gtd—_50 31% T55 51% 133/e1 101 *99% 26% 8 27 par / 41 18 17% Oct 80 27 14 84% 403/4 24% Feb Nov 85 80 16% 133/s 13% 101 40% Jan 37 200 26% Jan 34% Oct 20 12,100 83 5/8 40% 89 % Jan 27% Aug 13 44% Jan 30 86 83% 83 833/8 80% 7 13 2 83% 40 3A Internat'l 20% Jan 17,200 80% Colgate-Palmolive-Peet com—No par $3.50 prelerred ———No par Collins. & Aikman Corp No par 4 2,600 28% 40% Coca-Cola 61% Apr 49% 275/e 80%, 2 3 49 % 273/4 255/s Jan 42% Jan 49% 27% .49 *275/8 40 4 Jan 49% 27% 25% Feb 15 48% 273/8 40% 6 59% Mar 48% 27% 40 Jan 13 Apr 27 11% Jan 29 48% h 80% 47% Jan 15 %',y 40% 38 11 96% 100 Co 26 19% 96% 31% Coca-Cola Nov 19% 97 No par —5 20 13 % Jan 19% 97 25% 39 16% Jan 19 39% 41 63 19 97% 255/8 7 5 18% 97 40 22% Feb 11 900 19% 97 253/a 16 29 38 19% 96% r *13% common— Oct 10% Dec 37% 60 39% Inc Foods 19% May 19 17% Apr 6 56% Jun 4,100 38 300 '' . 1 guaranteed 86% Apr 13% Oct 43,600 4,800 ——No par 5 45 % May 77% 2% Molybdenum 32% May 22 Jan 19 134 66 % Mar 30 76% *99% 125% Feb 10 10% 293/4 773/4 5 No 2 53% Feb 10% 30% 77 76% 100 common — 9 59% Mar 27 11% *29 75% 2% ' No par 22% July 17 *10% 30 76% 37"% 27% Corp 2 ; 11 *29 753/a 19% 15 Apr. 37% 96% Jan 95 *105/8 *29 19% "17% Oct 87 103/4 30 10% 11% 23/4 22% 23 875 23/4 *42% Jan May 23/4 43% 95 87 300 11% 23/4 1,900 12 23 4%% Jan 700 9% 23,4 *11% 22% 6 Dec *9 23/4 2% 12 43% Jan 75 9 9 113/4 *42% 91 102 9 x22% 3 130% Jan 933/4 11% 23 81% Apr 6 9 113A 43% Clinlon 8 9'A 11 3/8 23 Climax 3% May "9 22% 43 % ,Mar 20 28% Apr 93% 9% 12 43% 26% May 20 2 933A *9 225/8 2 4 933/4 94% *92 3,600 *42% 19 6% Jan 12,100 4% stock—50 new_——1 Jan 32% Jan 753/a Corporation 22% Jan 22 73% 96% & Special 36 24 75 % 9,400 Clcvite 2 3% Oct 74% *72% 31,700 15 9 24% Oct 400 75% 373/4 preferred Cleveland 39% Dec 90 73% 17 $4.50 preferred 25% Jan 18 13,900 55% 73% 773/8 noncumulatfve preferred—100 Illuminating coni-No par 1 Jan 425/8 553/8 74% 29 Elec 18% Mar 18 29% May 42% 56 % 74 76% Co new 20 C C C & St Louis Ry Co com—100 Cleve 44 i 423% 553/4 75 *10 3/4 Equipment V 5% 26 42% 56 —100 Stores Co common convertible preferred 6 37 % Jan 42% 55 29 4%% Clark 8 Mar 23 413/8 54% 23/4 25 City Products Corp 6 75 30,200 11% issued" Investing Apr 6 213/8 —25 Financial 5%% Apr 71% May 20% 25 preferred preferred T 53% Jan 29 21% 1 Co Copper Cincinnati 83 Dec 21 10 Cincinnati Gas & Electdc.com 158 75 21% 933/4 Cities Service 14 20% 41% 93% City 65% Jan 20% 41% 93V2 27 101 4 '20% 41% 94% 2 6 20% 40% 73 9 9 20 733/8 "When 16% Mar 18 18% 47 725/8 4% 44% Jan 18% 46% 73% 6 83% Feb 19% 47% 72% 2 5 19 47% Chicago Rock Isl & Pac RR—No par 5% conv preferred series A 100 Chicago Yellow Cab No par ; 6,500 10 18% 46 71% common 9% 9% 18% 46% 54% Co 9% 177% 46 54 5% 12 9% 20% 18% 71% preference—No Chrysler Corp 4 9% 8% 19% 45% 55 Chile 4 8% 20% 173/4 74% 10 Mar 24 com__No par *8% 20 45% *71% Feb 80 100 par convertible $3 Childs Mar 27 30% Feb pfd preferred series A 100 Chicago Pneumatic Tool com_No par 49% Apr 152. 4 Dec 110 9 10 Apr • 2 15 % Feb 2 5 22 56% Sep 24 12% Mar 11 99% May 1 July 80 48% Feb 105% Mar 12 80% Apr 28 14% Dec 102 40% Dec 140 19% May 30 Pac___No par & noncum - Jan 43% Feb 95 % Apr Paul Chickasha Cotton Oil— 96% Jan Dec 103 94% Jan St series A 5% 13% Feb 39 No par Milw 5% Chic & North Western 9% Jan Oct 13 Chic 16,500 32% Corp (The) —1 Chicago Great Western Ry com—50 preferred 20 100 Chicago 5% ■ 400 1,100 par preferred Chicago & East 111 RR com—No Class 99 preferred 35 * 6% Dec 27 7% May 32% July 18 xl06% Jan 2 July 37% Jan * 9 109% Mar 27 106 May 22 8 11 Mar 3 Conde Nast Mills Corp 106 27% Dec 31 Nov 25 Feb 27 113 97% Jan 19 25% Apr 28 105% July 15 16% Jan 18 13 Apr 22 10% Aug 13 52% Oct 16 11% Jan 64% Feb 39% Dec 12 8 9% OCt 15 9 Mar 24 16% Apr 15 34% Jan 2 102 Jan 2 102% Jan 3 31% May 99 Jan 2 17 Apr 12% Jan 8 11 Jan 51 y4 23 11 May 94% May 20 14% Jan 2 4 27% Sep 101 5 May 21 27% May 12 com—No par 38% 38% 38% 38% 38% 383/4 —-Nopar Light & 1063/e 106% 106 3^ 106% 106 % 106% Power Co of Bait com—No par 25% 26% *102% 102% $5 preferred—. 9 Feb Preferred 4%% Preferred 4% series B—.100 95 Consolidated Corp—1.33% 16% 16% 13% Apr 27 Consolidated Laundries Corp 5 Consolidated Natural Gas———15 *12% series C Grocers Jan 2 38% Jan 5 Consol RR of Cuba 6% Consolidated Retail Textile 58 6 Consolidated 23 22% Feb 3 Consolidated Vultee 18% Apr 35% Apr 23 May 16 109% Nov 26 101% May 13 101% May 11 38% May 14 Apr 24 38 % May 18 109% Jan 8 108% Feb 5 Jan 30 45 102% Feb 11 100 _ pfd——100 $4.52 preferred preferred -Nopar Nopar 4% preferred 100 103% Feb 8 19% Dec 4 18% Jan 2 Feb 7 90% Jan 2 25% May 21 95% May 21 Continental Baking Co c^m—No par 96 48% Deb 31 45% Jan 13 52% Mar 20 Continental 41% AUg 19 92 Jan 5 99 Jun 16 108% Sep 16 117 Feb 8 For footnotes see page 87 May 20 112% Jan 24. 16 $5.50 97% Jan 8 $3.75 120% Feb 27 $4.25 preferred- 102% 102% 102% 102% 102% 102% 96 £4% 94% *93% 95% *93% 95% 16 16 16 *16 16% *12% 12% *12 3/4 12% 13 16 *123/4 140 70 400 12% 51% 513/4 51% 52 % 51% 513/4 2,500 *27 y8 28% *27% 273/4 *27% 27% 200 8% 8% 8% 8% 8% 8)4 8 >4 9% 9% 9% 9% 9% 9% 9% 9% 9% 900 19% 18% 19% 193/8 19% 195/8 20 19% 193/4 16,000 37% 38% 102% 102% 101% 102% 40 40% *99 100% 24% 25 94% 95% 38% 38 3/8 38% 383/8 8,200 38% 38% 102% 102% 102 102% 38% 39% *99 100% 24% 24% 94 94% 87% a. 26% 52% Nopar 2nd preferred—No par preferred 26% 27% 505/8 Inc common 26% 8% 20 Can conv ——No par 1,900 4,000 26% 16 8,000 106% 51% 19% Container Corp of America com__10 39 4,100 27% Aircraft—1 Nopar *123/4 102% 8% 52% 9% Inc 16 26% 38% 106 1,900 29% 273/4 10c Co *94 % 26 39 106% 8% 27% 83/8 ' 16% Jun 12 99, 102% . 26% 383/4 *106 *29 ■ 52% 8% Inc Consumers Power Co com $4.50 13 1 Stores 89% Dec 18 26 95% 24 Mar 26 10% Jan 12 31 7 16% Apr 102 10 % Jan 38% Dec 43% Dec 110% Jan 5 Elec 6 20% Dec 23 110 Jan Gas 6 7% Feb 20 1 14 28 Inc— Consol Edison of N Y Consolidated '25% Oct 23 —— Congoleum-Nairn 116 51 87% 116% 38% 38% 102% 102% *101% 102% 39% 40% *99 100% 24% 24% 94% 94% 50% 51 88% 116% 116% *87 x50% 87 50% 87 116% 116% 900 290 102% 102% 102% 1025/8 102% 102% 1013/4 1013/4 250 39% 40% 40% 40% 2,600 *99 100% *99 100% 24 3/4 25 95% 95% 94% 95 51 51% 51 51% 24% *86 116% 25% 90 118 *86% 90 118% 118% 11,100 470 9,900 200 1,360 15 16 The Commercial and Financial Chronicle... (2260) NEW YORK STOCK RECORD STOCKS Range for Previuua Range Since Jon. Year MM Lowest Highest Lowest 17 10Va Jan 21 8*/2 Apr 15 18% Jun 30 xl7% Jan 0 11 17 15% Feb 6 16 81 Va Nov Nov 68% Apr 26 3 Continental 7 6 10 % Nov 28 9% Apr 75 Apr 3 30 25% Dec 18 11% Mar 25 52% Apr Jan Continental Oil Continental 31% Aug 13 24 Va Apr 14 28% Mar 21 % Apr 14 24 2 28Ve Jan 25 2 12 51 Va Jan 14 23% Apr 48% Jan 6 27 26% Jan 27% Feb " Dec 2 17 Vt Jun lo Oct 23 €3 22% Mar 21 69% Jan 9 Jan 28 51% Mar 31 44 55% Jan 30 19% Jan 26% Mar 25 52 6 2 5 87 Va Jan 25 70 1 79 % Jan Corn 6 Jan 16 99'/a Apr 22 ,86% Jan 19 93 99% Apr 93% May 21 93% May 11 96 Va Jan 30 Jan 23 65 la Feb 1 73 Sip Jan 10 178 Apr 23 25 15 166 " 3% Jun 12 4% Nov 26 1% Oct 16 2 '/• Jan 38% Jan 25 3 Apr 67 % Feb 4 172 Va Apr 18 Jan 20 Mar 27 12% Dec 4 19 27 Dec 12 49% Jan 28 5 13% May 19 15% Mar 31 % May 22 34% Jan 15 29 Apr 31% Apr 9 12% Oct 22 *32% Nov 13 36% Feb 28 39% Jan 30 29 Apr 77'/a Oct 23 92 V2 Jan 30 80'/a Apr 24 89 24 36% Jan Oct 27 22 Mar 25 36 % Dec 23 Jun 24 36% Dec 5 Apr 24% Apr 15% Sep 25 20% Jan 18 15% Apr 129 »/a Jan 19 5% Oct 28 Dec 22 55 Feb 190 26% Apr 24 6 Feb 20 93 Sep 10 26 185 6 6 Mar 17 5 35% Jan Jan 6 185 Jan 0 17 Jan 8 8% May 21 Co convertible 5% RR 6% preferred 50 •50 51% 54% ■: 54% 54 % 300 25 25 25% 25 25% x22% 23 V* 3,800 24% 26% 61% 76 61% 61% 76 76 62 62 670 2,000 20 4% *93% 94% *93% 94% 94% 94% 20 72% 72% 72% 72% 73% 72% 73 Va 6.900 *163 164 164 Va 164 Va 163% 163 '/a 163% 4% *163 4% 4% 4% 1% 89% 89% 891/2 89% *89 13% 141/2 *14% 14'/4 141/a 14% 26% 26% 26% 26% 26% 27 13% 62% 76 % 94 93% 32% - 61 % ' " 72 72V» *89 62% 60 13% 13% ' *4% 1% 32 *89% 14% ♦26% 4'/4 4% 165 150 4% 1,090 1% 1% 1% 490 32% 32 Ve 321/a 12,800 90 *89% 14% 14 »/4 27 •26% 90 100 14% 3,000 27 13% 13% 13% 13% 14Va 14 14% 32% 32% 32 Va 32 32 31% 32 29% 29% 29% 29% 29% 29'/2 29% 29% 29% 29% 91 S3 93 94 93% 93% 93 93% *92% 900 *32 ;• 32% *32 3,100 400 7,500 94 30% 31 30% 31 31 31% 31 31% 39% 83% 83% 83% 84 84% 84% 84% 841/4 450 31% 83 Va 85 19,800 1,300 26% 26% 26% 27 *26% 27 26% 26% 26% *25% 26% *25% 26% *25% 26% 25% 25% 50 16% 15% 15% 16 Va 16 Ve 16% 16 16% 1,800 7% preferred Cudahy Packing Co —100 57% Feb 4 9% Feb 2 8% 24% Sep 24 Jan 2 132 % Dec 131 Jan 23 138 Apr 17 Cushman's Sons inc 38 Apr 24 43 Jan 15 Cutler-Hammer •175 195 •175 8% 8% 8% 8% 63 63% 63% 63% 63% 10% 10% 10% 10% 10% 10% 10% 10% *29% 29% *29% 29% *29% 29% ♦29% 29% 29% 29% 1 Inc 410 195 63 7% *95 % 53% 1 8 100 common *136 27% Mar 20 25 Va 7% 8% 195 10% No par 19 8% •175 2.50 preferred 21 8% 195 63 63 No par 23% Feb *175 *10% common 129'/a Jan 195 16 5 100 , Publishing preferred Curtiss-Wright *175 10 common 3 39% Dec 26% 50 *54 26% 24 2 26% 54'% 26% 7% Apr 3 26% 51% *25% Prior Dec 26% 54% *50 *1% 100 $7 44 1,600 26% 51 55 '•*15% pfd noncum preferred certificates 49% Jan 32% Mar 26% 26% 200 — 6% Curtis May 8 7% Apr 23 1.200 Cuban-American Sugar common—10 6 53 23% 31% 100 2 Jan 23% 1% Crucible Steel of Amer common—25 8% Apr 10 24 31% No par Cunningham Drug Stores Inc 54% Dec 23% 1% preferred $4.20 29 Mar 23% 30% No par 34% Jan 100 23 1% Corp com new—5 29% Apr 6 600 23% 30% Zellerbach 12 2 25% 201/4 51 62 4% 2.50 preferred Crown Dec Feb 25% *1% 2 Crown Cork & Seal common 4 % '/o preferred Cuneo Press Inc 7 26 30% 1 . (Ths) 12Vs Mar 19 94% Jan 26 •20 *54 25% *163 100 64 29 25% 1 6% Jan Jan 25% *22% 26% 72 1 10% Jan 8 % Mar 20 10,400 25% 25 common 68% Jan 99 18,800 57% 25% 541% 61% 100 2 24 10% 57'/4 57% 20% *93% 16 32 10% 10 V2 56 94% 12% Jan Mar 17 10% *20 20 *93% preferred Cuba 56 Va 20 pfd 3%% series of 1947-100 Refining cammen_25 65% May 26 7% Jan 9% Aug 27 5 16 33% Jan 6 Jan 10% 800 20 75% Cream of Wheat Corp 103 10% X55% 100 ♦93 V. 27% Mar 12 May 18 10% 55% 2,600 1,300 76 Va 15% Mar 19 91 76% 93% 5 13 9 76% 76% 76 3 103% Jun 99% Jan 76% 93'/4 Jan $2 76% Shares 9 12% 76V2 76 « 25% Jan 2 12% 94 3%% preferred Creameries of America 30 12% *93% 95 12 *12 94 21 llV'a Jun 12% the Week 181/4 *931/4 8 89% May 11% 8% *18 76 Jan 24% Jun May 22 97 12 «/8 76% *19 % 51 24% 9 V'8 18% 55'/4 v 54%' 9% *17% 94 Crane 9 23Va ■ 9% 18% 75% Coty Inc Coty Internation Corp 91 Va Jan Friday May 22 *93 % 3 30 9 Sales for Thursday May 21 20 .5 2 281a Oct 9 PRICES ♦18% lOVa 26% 23 Va Products 7 '/o 25% 26% May 20 100 preferred Cum Corn 56 20 6 Corp-—1 Exchange Bank dc Tr Co; Glass Works common 3%% & 2 Electric Dubilier 10 Ve 55% *50 Wednesday 18% *13 18Va *19% 50 SALE 76% 76% 10 Ve HIGH 11% 12 76 14 series 6% 34% Apr 13 1% May 21 29% Feb Jan 5 Mar 31 161 Corp Corning 73%, May 21 6 Preferred 8% 11% 10 1 of 9 18 Ve Cooper-Bessemer Corp common—5 Copper Range Co —No par Copperweld Steel Co common 5 Convertible pref 5% series 50 Cornell 15 68% Jan 61% May 20 66'/a Nov 93 "8% Delaware—5 Steel 62% Jan Fibre Continental Motors 5 Mar 18 20 19% Apr 20 22 Diamond May ID 5 Continental Insurance AND Taeeday May 18 25 preferred 13 % Mar 25 29 Vi Jan convertioie ts2% Jan 30 2 22 5-> 30 28 23 Vi May 17 11% Mar 31 19 Vt Oct 18% Oct Monday Pat Continental Cop & Steel Ind com—2 20% Mai 74 Va Apr 56 Vie Jan 7'/a Apr STOCK YORK « LOW EXCHANGE 10% Mar 17 24 16% Feb 7% Nov NEW J Highest Monday, May 25, 1953 pfd No par 40% 7% 7»/4 7% 7% 97 95% 95% ♦95% 97 53% 53 53 *53% 54% 54% 54% 8 Va 8 8% 8% 8% 8% •62 8 Va 25% 8'/a 25% 140 40% 25% 25% 140 "136 40 *136 40% 40% 7% 25% 140 40% 7% *95% 25% ♦136 *40'/4 7% 7% 97 *95% 55 8% 25% 251/a *133 140 H 8% 51,000 500 631/2 2,100 - <V 100 11,100 7% 97 20 55 600 8% 11,500 25% 1,500 140 40% 40% 1,100 37'/4 36% 37 Va 1,500 87 »/4 ♦86% 87'/4 7'/a 7 Va 41 D Jan 32 23 May 8 Jan 2 July 23 95 7% Dec 22 13 13% Dec 22 15% Mar 11 33 Va Feb 19 36% Dec 90 51 May 15 12 58% Aug 13 13 % Apr 24 16% Aug 6 33 V2 Feb 19 36% Dec 12 33% Apr 86 40% Mar 25 7 92 29 Apr 21 14'A May 32% Apr 28 39% Jan May 14 Apr 34 Ve May 13 57 4 28 96 July 15 96V2 Jun 19 May 13 Jan 83 Apr 92 92% Jan 21 99 Ve Jun 9 88 May 14 17% Oct 22 24 % Feb 5 20 V2 Apr 2 14 Mar 16 29 38 Ve Mar 13 92 88 4 16% Jan 28 83 85% Jan 36% 36 Va 36% 36% 36% 36% *86 Va 87 V4 *86'/a 87V4 *86 Va 87 Vt *7V4 7% 6% 7'/4 6% 6% 20 *14 Ve 14% *14V» 14% *14'/a 14% *14 Va 14% ♦14Va 14% Davison Chem Corp (The) com_—_ 1 Preferred 4.60% series A 80 33 Va 33 Va *32% 33 Va 33 33 Vt 32% 33'/4 33% 33% 53 Va ♦52 53 V2 5% preferred series A Stores Corp common convertible Daystrom Inc preferred - 53% •52 14% +4V4 14% 14Va l4Va 14% 14% •14% 14% 1,300 34% 34% 34% 34% 34% 34% 35% 35 Vt 35% 2,600 Preferred 3.75% series A 100 16 Preferred 3.75% series B 100 Preferred 3.90% series C 100 8 Apr 16 9% Jan 14 9 Ve Jan 2 Oct 16 63% Jan 25 40 Ve Feb 10 28% Oct 21 34 Va Sep 4 25% Apr 24 30% Jan 31% Jan 3 35 Ve Nov 24 30 Va Apr 13 2 47Va Jan 33% Jan 12 Ve May 14 Dayton Rubber Decca Co Deere Co <fc 7% 83 50c new preferred 800 531/2 83 84 *83 Va 84 *83Va 84% ^83% 83% 60 83% 83% *83 Va 85 Va *83 V2 85% •83% 85% *83% 85'/a 20 88 *86 Va 88 *86 V2 88 *86% 88 •86% 88 ♦21 21% 2,200 11 Vt 45,400 *87 50c Inc Records 21'A ♦82 Va 21'/a 21 Va 21% 21 Va 21V4 21 »/4 21% — 10% 12 Va 11 11% 11V4 11% ll'/a 41 40 Va 41 41 411/4 41 41% *40 V2 27 27 Vt 26% 27 26% 26% 26% 26% 25% 26% 20 —. 12 Va 41 10 common 11% 1 Deep Rock Oil Corp & *52 900 1,500 14% 11 39 53 7 34 Va Jan 2 53 Va 7 7 common Jan 23% Feb 7 *53 37 *86 Va —10 . Dayton Power & Light 97'/a Feb 28 Ve May 1 100 2.50 Davega Jan 52 Corp common 3 % rIo 8% Mar 17 6% May 19 14 Dana 8 Jan 30 Va 30% 30 Va 30% 30% 30% 30% 30% 31 31 41 1,1X10 . 13,400 1 1,600 Jan 2 1 52% Feb Delaware & Hudson 100 47 Va 47 ft 47 47 V2 47 Va 48% 48 48 '48% 48% 1,700 15 15 Va Jun 7 12 46 11% Oct 6 15% Jan Delaware _50 13 13 Vt 13 Ve 13% 14% 14% 14% 14 Ve 14% 19,000 23 Apr 18 26 Ve NOV 17 23% May 21 13% 27% Feb Delaware Power & 13.50 24 Va 24 Vt 24Va 24'/a 24 24Va 23% 24 24 24% 7,400 62 Feb 27 85% Dec 30 74 85 Ve May 21 Denver & Rio Grande West RR— Escrow ctfs for common 100 81% Dec 23 81 Va Apr 5,500 28 94% Jan 24% Mar 23 Derby Oil Co 25% Mar 23 Detroit 64 43 X70 Mar 4 52 Aug 95 12V2 Apr Apr 24 17% Sep 22 24% Jan 17 17% Feb 10 Jan 3 25 Va Dec 12 24 Va Jan 10 55 V4 Feb 13 66 17 61V2 Jan 9 23 Nov Mar 2 81% -81 82% 81% p4 3/4 84 85% 86% 87% 86 87 87% £0% 90 £0% 8 21 Ve 21% 21% 21% 21 % 21 % 21 % 21 % 20 25 Va 25% 25'/a 25% 25% 25% 25'/a 25% *62% 19 6% Jan 11 Oct 31 18 Va Feb 21 14 Ve Feb 9 16Va Mar 25 18% July 11 I8V2 Jan 2 19% Mar De 20% Oct 16 27 Ve Jan 21 29% Oct 31 43 Jan 25 21% May 22 26% May 20 106 Ve Apr 29 114% Feb 19 98% May 21 38 '/a Nov 18 52% Mar 31 3 8 35% Jun 23 34% Feb 13 12V2 Dec 30 14% Jan 3 35Ve Apr 28 32% May 12 12% Apr 23 40% Feb 32% Jan 10% Apr 13Va Feb 10 Jan 8 21% May 27 8 Nov 13 12% July 30 4 Jan 7 13% Feb 19 Va Feb B 23% Mar 10 Dome 60'/e Apr 36% Apr 6 72 Ve Mar 20 23 43% Jan 8 Dow 96 Apr 19% Apr 24 102% Jan 15 24 24% Jan 5 Dresser 22 83% Jan 14 3%% Aug 13 65% July 44 Vt Dec 1 8 105 Va Mar 29 26% Apr 5 11 84 % Aug 25 80 Apr Nov 23 38 May 13 Ve Aug 29 9% Apr 5 17 43 Divco Dixie 26 Feb 13 12% Jan 2 Dr. 97% Dec 18 x92'/eJan 8 99 July 45 % Jan 10 51 Jun 3 91 Ve 112 Apr 24 100 Ve Jan 118 Va Jan 2 91 Vb Apr 10 97 Jan 51% Oct 27 52 Nov 19 x48V/2 Dec 10 49 Ve Dec 9 8% Apr 25 10 Ve Jan 7 19 Apr 30 25 22 Sep 16 28% Jan 2 16% Nov 14 25% Jan 18 12% Oct 16 41% Oct 30 Jan 21 36% Feb 27 158 Jan 28 27% May 18 42 48 Apr 27 47% Apr 23 44% May 15 9Va Jan 6 20 May 7 16% Jan 21 23% Apr 23 15% May 20 13% Feb 6 Jan 21 43 48 177% July lo 47 Vt Dec 9 Apr 29 43% May 7 158% Apr 42 Va Apr 27 14 15% Jan 2 18 July 15 16% Jan 5 82 >/4 Nov 6 89 Apr 29 85% Jan 12 16% Feb 23 23 Dec 29 20 Vt 97 25 102 Jan 14 90 Apr 12% Mar 11 17 Sep 15 44% Jan 24 55% Dec 31 1% Jun 20 2Vt Apr 16 34% Oct 22 43% Mar 18 Apr 28 May 19 14% Apr 27 46% May l%Jan 32 ADr 8 2 Mines 35% 35% 35% 35% 33% 32% 33 33 33 23% Mar 11 •98'/a 13% 13% 13% 13'A *13'A 13% 13% 13% 1,700 ll'/a 11'A 11% 11% 11% 11% ll'/a 11% 3,000 26% 27 Va 27 27 Va X26% 26% 27 Va 27% 21 Ve 21 Va 8,800 *8% 8% 8% 8% 1,300 ♦36% 37% 37 37 *36% 37 Va 12 12 12 Va 12'/8 *12% 12'A 900 20'/a 19% 19% 19% 19% 19% 19% 5,500 64 64% 66 65% 66% 66 Ve 67 Vt 10,500 37% 37% 38 17,000 *12 '/a 12% 12 12% 20 20% 193A 63% 64% 63% 5 36% *96% 20 100 8% 8% 8% 37% 36% 37% 38% 37% 98 98 98% 97% 98% ♦97% 98% 300 20 20% 20% 20% 20% 20% 20% 20% 3,600 37 *98 81% *79% 81% •79% 81% •79% 81% *79% 81% *40 43% *40 43'A *40 43'A •40 43% •40 43'A 9% 9% 97% 98% 97% 98 Va No par No par 112% 112% 112'A 112'A *92% 93% 93 93 •92% 93'A 91% 92 91% 91% 400 —10 27% 21 Ve 27 Va 21 Vt 27% 21 Vt 27% 27% 21 Ve 27 % 26,300 43 % 43% 43% 42 Va 42% 43% 43% 43% 43% 10 49 *47 10 x97 Va 112 49 •47 10'A 10'A 10'A 10 10 Ve *20% 20% 20% 24% 25 16 16 16% Mar 17 Eastern Stainless 47 Eastman "When 25% Mar 25 94 Feb 23 Vo Jan 102 5 11 17% Feb 24 57 Mar 12 2% Apr 15 4Vt% Ekco 11 % Jun 20 19% Jan 2 26% Dec 3 9 30 Vt Jun 27 27 18 92% May 6 21% May 20 6% Apr 9 99 22% Jan »14Va 43% _100 *159% 2 42% 161% 43% 1 23% 23% issued" *431/2 Co common preferred—! Products Co Emerson 26 14% 43% 100 Electric Elgin Co Watch conv Paso 2nd 25 16 16% 14% 2,000 44% 14,400 161 Va 161 43 43% 43 43% 43 43 3,000 23 23 23 23 23 23% 23% 23% 3,500 88 21% 21% 21% 95 90 90 *86 *43% 88 *86 , 21'/a 44% 162 88 *86 87 21% *21% 21% 93 *90 93 15% 15% 15% 15% 47 47% 47% 47% 47% 32% 33% *32% 33% 33 Va 15 *12% 12% 12% 12% 12% 12% *12% 12% 12% 12% 800 29 29 29'A 29 29% 29% 29% 29% 30% 3,200 29 *49% 50 *54 1% 33 50 *49% 50 56 *54 1% 32% *49% 2 33% *49% 50 *54 56 54% 54% 34% 34% 33% 34Va 34 34'/a 4 16% 16% 16% 16% 16% 2 50 3 Co 2 16% 55 34% 13,300 17 16% 16% 1,300 11% 11% 3,500 23% 11% 11% 12 *23% 24 28Va 28Vt 28 28% 28 28% 28 *92% 93% 93% 93% 94% 94% *94 21% 213/4 21% 21% 21 % 21% 24 Dec 31 19% Apr 6 68% May 15 24 71 Jan 9 74% Feb 74 Apr 5 8 21 Erie RR common 5% preferred series A Erie & Pittsburgh RR Co * 7 —No par 20% 100 *68% 69% *72 74 50 700 55 23% Nov 50 34% 11% 7 1,100 17 *23% * *49% 34 2,900 34% 11% 1 33% 1% 56 23% Phonograph 1% 34% 23% 73 1,800 2,100 15% 47 1% *11% 70 15% 48 15% 46% 11% 23% Nov 100 1% 24Va 2 30 2,300 93 15% 11% 3 86 21 Vt 47% *23% 11 86 21% _30 1% *90 5 62% Jan 44% 162 Va *44 *160 43 % 44 10 61V4 Jan *44 *160 44% 161% 43 *159% 46% Co Equitable Office Bldg 1,300 14% Endicott Johnson Corp common—25 4% preferred 100 Equitable Gas Co 8.50 30 16,500 16 44 Empire District Electric Co 7% Jan 1,200 25'A 14% 26% Feb 19 24% Mar 12 20% 44% 29% Feb Mar 13 20% 24% *15% *15% Gas & 1,200 14% 14 Radio 10 Va 44% Apr 23 Emerson 1,200 44% May 6 Apr 28 _ 45% 14% 11 Va B •10 110 49 43% 23 Vt Jan 45% 1,600 1 10 Mfg 20% 24% 16 *47 113 14% *90 50 Electric *43% 20% 25 *112 5 preferred Natural 18,600 *89 15% preference 5% 2,800 98'A 14% *86 100 common 5% 9% 97% No par Storage Battery National Elliott 44 20% 24% ,15% r ... 44 *21% 2.50 common 4%% preferred Elastic Stop Nut Co Electric Auto-Lite (The). Elec & Mus Ind Amer shares El 9 26 14'/a 43% Manufacturing 18% Mar Jan 5 10 Edison Bros Stores Inc 20 Feb Corp common preferred 49 ♦10 Ve 16 6% •47 112 10% 25 Eaton 49 112 98% 45 Ve 20% 7 112 98 45 Va 16 30 98'A 45 Va 24% 22 9% 10 45 Va 20% Jan 9% 45% 1 43% May 10 45 Va . 10 48 V2 Jan — 9% 10 169 400 20 Va Corp Steel 8% *79% 1 com Co *8% 98„ Co Eastern Airlines Inc Kodak 600 13% Eastern 21 400 1,400 ll'/a Eagle-Plcher Aor 98 13% 19% Mar 27 8 *97 ll'/a 10'A 60 Vs Feb 99 35% *32% 5 37% Jan 18 98% 35% 33 37 Cigar Corp— 24 31 99 36 33 45% 23 7% Jun 99 36 33% 45 Ve 51 % Apr 33 Apr 6 *98 36 33% *47'A 56% Dec 2 98'/a 36 50 31 5% Feb 98% —50 50% Jan 17% Jan 4,700 $4.15 preferred 4% preferred 20 20% Jan 2,900 21 Va 5 18 101% Sep 23% Dec 22 27% 5 51% Jan 2 21% 27% 48% Jan 48% May 13 48% Jun 16 14 22% 27% 51% Jan 33% Feb 15% Apr 22 27 Va 43% 37% Jan May 94% Apr 22% 26% 50 13 2 22% 27 Va $3.75 preferred 24 Jan 22% 27 10 23 16 22'A Feb 28% Jan 500 22% 27% 50o series DWG 1,500 1,100 22% 37 ; series 10% May 15 4% 27 Va 8 Light Co 4% & Co— $3.50 23 16 (EI) $4.50 11% Apr 26 19% No par A Preferred 28% Apr 49% Feb 29 15 *19% 37 common Preferred 30 17% Jan *14% 19% No par Pont de Nem 16% Mar 19 38% Jun 4% 14% 19% 8% convertible 32 Va Dec 12 series Industries 15 15 4% 14% 19% No par Ltd preferred 10% Nov 24 Oct 4% 15 *19% *36% Chemical Co common 24% Apr 13% Nov 4% *14% 19'/a No par No par Pepper Co Duquesne 4% 14% 19% 2 Common 12 27% May 22 10 4% 14% 19% 1 Duplan Corp 30 Apr 10 4% 14% No par preferred Dunhill International du 119% Apr 23 Corp-Seagrams Ltd Corp Cup Co $4 4% 19% 2 Douglas Aircraft Co Inc 24 13 Distillers 4 65'/a 50c Corp 9 Ve Jan 13 ♦63 65% 1,700 100 39% Mar 28% Mar 27 1,800 12,100 14% No par 25 common 2 47 8 Stores *63 25 Vt 10 Diamond T Motor Car Co Diana 66 25% 2 preferred 24 11 1 Match cum 24 22 79% May 1114% Jan A preferred cum $1.50 Jan 80% Jun May 19 Mar 18 4.40% Diamond 8V0 Apr 25 32 9 Ve 22 class 34 '/a Apr 16 Jan 14 Jan Raynolds 1 16% Jan 3 108 *63 21% 1 Diamond Alkali Co common— 1 12 % May 30 Devoc 33 & 66 84 90'A .5 24 Ve Mar 10 Mar 17 *63 64 84 90% *21 % ' __1 Corp Co 3 8 21% Oct Steel Vilbiss Dec 10% Jan 99% Jan Detroit-Michigan Stove Co— 6 12 Va Jan 39 Apr 17 36% Oct 27 for preferred (The) 26% Dec 29% Feb 21 52 28 6% Mar 17 ctfs Edison Detroit 14 < Light Co - 100 Escrow 5% Jun 4 Western Ac Detroit Hillsdale & S W RR-Co-100 6 16% Jan 13 4% May I Lack 21 7 7 20% 21 Va 68% G8% *72 74 7 7 21% 7 23% 600 28% *28 28% 1,600 96 *94 96 21% 7% 21% 7 1,900 7Va 3,200 15,000 21% 21% 21% 21% 68% 69 *69 70 70 70 74 *72 74 *72 74 *12 21% 22 30 21% 800 Number 5223 Volume 177 .., The Commercial and Financial Chronicle (2261) NEW YORK STOCK RECORD B«i|« lor Previous Lowest 5% May 10% Now Range Since Jan. l Lowest Highest 1 7% Dec 6 15% Mar Mar 3 Eureka 11 Jan 15 14% Mar 9 Evans 5 9 % Monday EXCHANGE Highest 7% Jan LOW AND HIGH NEW YORK STOCK Williams Corp Products 5 Co Tuesday May 18 Par May 1!) 7% 7% *13% *13% 5 13 Va 13'/a 700 15% 157/a 3,900 51% 51% 51% 52 52 52%' 53% 52% 53 1,900 2.50 *2V* 2Va *2lU 2% *2% 2 Vat *2% 2% No par 28% 28% 21V* 27% 1 15% 44 May 17 65% Dec 49 Apr 6 &9% Mar 4 Ex-Cello 3 Jan a 2% Jan *23% Jan 12 16% Jan 29 15 15% Jan 2 19% Jun 4 16% Mar 31 53% Nor 6 57% Dee 3 23% Oct 29 12% Feb 28 49%Pab 24% Dec 2 10 V4 Mar 25 18 22% May 11 Fajardo Sugar Co lo% Mar 24 Faistaff Brewing Corp 19 Faraijy Finance Corp common Jan 9 5 Dec 9 - 66% Jan 16 28% Now 47 a 19 74% 12 107 34% Mar 13 9% May 17 13 27%Sep 18 96 May 20 19% May 2 17% Mar 4 66% Mar Apr 1 Dec~30 2 - Dec 30 27%- May 21 48 Jan a 13 Mar 2 i6ya preferred series B "Apr 24 May 18 26% Jan 25 34% Now 19 13% Jun 20 18 50 Va *49% 50'/a 31% 32 3iy4 31% 3,800 16% 16% 16V« 161/4 12,900 4%% 52yB 2 28% 5 43% Carpet Co 5 Fiorsneim Shoe class A Follansbee Steel Corp 39% Apr 18 24% Deo 31 22% Feb 11 25% May 22 02% Jan 10 96% Dec 11 56% Jan 28 94% Mar 26 00% Jan 24% July 19 19 10% Jan 85 9 Feb 17 43% Jan 103 2 27 96% Jan 12 17% Apr 1 Jan 90% May 19 98% Now 26 2 17% Nor 17 12 Dec 36% Apr Jan 29 23 23% Jan 20 5 13% Apr 13% Apr Apr 24 11% May 18 15 13% Sep 30 11% Apr 30 Jan 14 40% Feb 20 13 61% Mar 17 10 May 15 24% Jan 16 27% Mar 24 75 79 35% May 20 46 13% Dec 23 18% May 21 22% Apr 75% Jan 4 27% AUg 11 •4% liar 20 10 Mar 20 14 Va jau 9 Jan 8 4% 20% Jan 28 Gair Co 8% Apr 13 Co Gamble-Skogmo Apr 16 18 May 15 22% May 20 39% Sep 5 26% Dec 31 36% Apr 1 38% May 19 23 1 27 % Jan 26% Dec 15 22% Peb 34% Dec • Gabriel 5% Inc Inc Co 13 28% Jan 27 6 33% Jan 20 Garrett Corp 11 7% Mar 12 41 % Jan 22 83% Feb 18 37% Mar 12 15 33% Jun 25 25 Jan 29% Mar 24 Gaylord 21 31 Jnn 27 24 Apr 27 27% Jan 5 General American 99% May 13 104% Feb e Gar Wood 4% %> 3 105% Oct 14 0 63% Dee 11 59y«Jan 19 73% May 12 13% Dec 31 13 14% Mar 18 149 Now 12 159 9% Jan 149% May 18 Feb 28 13 124% Dec 1 24% Jan 18 45% Dec 19 37% Jan 48% Dec 19 4 6% Jun 9 10% Jan 118 Jan 2 105 Apr 18 60 Feb 21 69% Dec 30 119% Jan 11 125% Dec 29 3 Jan 125% July 28 2 20 Deo 120 2 9 59% Apr 116 2 5% 5 14 25% Feb 5 47% Feb 10 54% Mar 30 16% May 14 3% Feb 20 24% Aug 29 4% Dec 8 21% Jan 21 27% Mar 23 3% Jan 14 20% Jan 3 27% Dec Jan 10 29 25% May 13 31% Apr 29 37% Jan 4 93 May 11 2 10% Jan 13 34% Peb 25 8% Jan 20% Jun 20 NOW 24 50 Dec 36 1 11% Sep 9 25 21% Apr 24 Dec 2 45% Dec 17 Jun 25 104% Jan 7 90 29% Jan 2 35% Dee 4 34% Jan 3 36% Feb 21 92 27 100 Dec 43% Jan - 35% Jan 2 102% Jan 9 25% Feb 3 General Apr 23 96% Mar 16 General 51 40 Apr Apr 27 34% Mar U 28 80 71% Dec 31 77% Feb 18 14% Now 10 23% Jan 30%.Jan 34% Sep 25 99% Oct 28 89 3 9 93% Apr 22 14% Now 14 18% Jun 30 79% Dec 30 2 85 s 74% Apr 6 15 May 20 32% Jan 2 18% Jan 15 97 Jan Jan 5 14% Feb 17 39 May 11 May 22 100% Apr 15 16% Mar 25 *86 Jan • 79% Apr 13 81% Jan 12 23 15 32% Oct 27 Apt Dec 1 15% May 15 21%Jax» 9 42% Jan 24 8% Jan 18 7% Sep 8 124% Mfey 24 15% Oct 27 •5% Feb 28 5 Feb 135 , Now 24 18% May 22 77% Dec 30 33V* May 20 7% Jan 1132 9 Jan 16% Apr 2 65 8 May 9 38% Mar 20 8% Jan 20 135 19 Apr Mar 80% Jan *90% ' 92% 90'/2 91 90% 90% *90% 91% 90% 90'% 280 18V2 18% 18% 18% 18% 18% 18% 18% 18'/4 181% 2,200 12% 12% 12 *11% 12 V* 12% 12% 12% 11% 11% 47% 11% 11% 11% 11% 11% 111/2 1,600 47 41 V2 47% 47% 3,000 47% 47% 107s *10% 10% 10% 10% 400 25% 25% 25% 25% 251/4 25% 3,600 76% 76% 77 767/a 76 y8 76% 76% *76% 47 6 47 47 *76% 6 6 5% 5% 38% 38% 38% 38% 38% 38% ♦381/4 38% 38 May 5 Jan 3 6% Now 17 49% July 8 64% Dec 31 108 Sep 18 10% Jan 60 4 Dec 29 50% Feb 11 104% May 12 7% May 14 51 Apr 30 26% May 21 2 Oct 23 6% Jnn 2 27% Oct 30 3% Feb 8 0% Feb 15 33 May 26 2% Feb 7 Jan *22% 231/8 *22% 23V'a 23 23 *23 '/a 23% 23 Va 231/a 18% Oct 25 24% Jan 30 17 Feb 104% Jan 30 93 May 91 Jan 34% Dec 10 9% Jan 20 61% Jan 5 83% Mar 4 2% Mar 25 2 9% Feb 25 13 5 30% Feb 20 31% Mar 27 20% Jan 5 98% Jan 28 May 26 86% May 22 97% Feb 4 18 Aug 14 13 Apr 27 34% Feb 5 16% Jan 7 Dec 22 16% Deo 22 137% Dee 3* 61% Oct 31 36 Mar 28 16% Now 28 57 Dee 23 19% Mar 149 4 Jun 27 67% July 2 41% Jan • 14% Jan 9 51% Apr 23 17% Jan 2 133% May 21 64% Apr 1533% May 22 39% Mar 17 19% Mar 27 68% Mar 25 Mar 100 99% 99% 99% 100% *99% 100% *99% lOO'/a *99% lOO'/a 69 y4 69% 69% 69% 69% 69% 69'/a 70 J/4 69% 70 4,000 5 13% 13% 13% 13% 13% 13% *13% 13% *13% 13% 1,700 —No par 5 149% 149 y2 ♦147% 149% 149% 149% 149% 149% 149% 20% 20% *20% 20% 20% 20% 20% 20% *20% 21 300 12% 13 13 12% 13 12% 13 12% 13 6,100 common Corp No par 100 71 50 *33 100 123 37% *40 J/8 - 12% *147 71% ♦71 72 *71 *33 34 34 17i/a 72 17% 17% 123 17% ♦123 ♦123 124% 17% 37% 37% 38 37% 38'/a 37% 37% 6,500 40% 41 41 41% 41% *40% 41% 1,300 74% 74% 74'% 741/4 73% 10 10 10 10 Va com_—No par 54% 54% 54% 54% 54'% 551/4 *88% 90 *88% 89% 90 13 13% 13 131/a *55% 56 56% 56 % 115% 116 \ common—5 No par series No par Eqp 13 131/a 13 56 55% » 13% 56 ■ 56 116% 117 116 116 115 *110 115 61% 621/8 1171/4 117'/4 61% 117 y4 62% 62% 116% *93 — 40% Jan 36% Jan 22 19% Jan 2 23% Mar 29 2 13 12% Jan 2 13% Mar 4 06% Apr 91 8 19% Now 10 For-footnotes sw Now 28 page < 24 May j*O 117 210 115 -— 62% 62% 93% 93% *93% 94'% 93 24'/a 23% 23% *23 % 24% *23 J/2 24'% *23% 24% 1,100 51% 51% 51% 51% 51% 521% 51% 52% 5,500 25% X24% 25 24% 251/4 24% 25 4,000 4 5,800 37/a 4 3% 4 3% 5 25% 26 25% 26 25% 26 26% 26% 25% 26 % No par 100 32% 32% 33 33 32% 33% 33 33 33'% 33% 97 98 95 ♦12 95 12% 96 96% 12% 12% 12% 12 % 12% 12% 9,000 22% 22% 22% 22% 22% 1,800 22i/a 22% 22% 49 49 49 48% 49 *48 J/2 49i% *48'/2 49% 91% 91% 91% 92% 91'/a 91% 91% 92% 180 381/4 38% 38% 38% 38% 40 39% 39% 39% 39% 18,500 28% *28% 29% 29% 29% 30 29% 29% 300 28% •100 1031/a *100 *100 103% 30% *29 J/4 *100 *83 *70 72'% *83 847/a *83 84% *83 73'% *70 72% •70 31% 72% *99 15% 100 15% 80 30% 30i/a 15% 15% 15% 15% 80'/a •79 80 % 80 '/a *79 J/2 81'% *79% 811/4 100 15% 15% 15% 15% 5,600 34 34 % 34% 3,300 8% 1,900 15% 16% 15% Glldden Co (The) common—No par 33 V* 33 y2 1 Co—-100 *133% 37 *98% 15% 33% 10 8 8% *8 ♦133% 135 8 f. / 8 J/8 *133% 135 17% 17 '/a 17»/a 17% 17 17 t« 66% 66 Va 66'/a 66% 67% ? 66 52% 52% Common No par 52% 85 No par No par 105% 105% •105% 7% 7% 7% 8 54% 54% •53'/4 54 26% 27 preferred Inc——4 8,200 100 15'/a 15% 33% —10 39 *98% 15% 15% 16 F)„ 10,500 38'A 100 99 16 15% *133% 16 38 15 J/8 15% 37 34 8% 72% 99 : 33% 135 53 106 ; ■ ,4 8% 8'/a *134 137 66% 17 Va 900 67% 7,300 53% 12,500 68 *105 J/4 52% 1071% *105% *53 *7% 54 54 54 500 26% 26% 27 5,500 26% 26% 26% 2'/a 2 y« 2'/a 2% 2'/a 2% 2 7'/4 •71/a 7'/4 7% 7'A 7% 7% *27% 28'/a 28 28>/a 28% 171/4 17% 17% 17% —100 5 100 com 1 preferred—; Gt Northern Ry 6% Great 7% 17% 17% 93.'/a 31% 93y8 31% 88 88 13% •35% 17% 55% 13% 36 17% 56 % 18% i8ya 134 % 134% 66% 66 Va 2 Common 7 4%% - preferred . 3 s-100 95% ♦93'/2 95»/2 100 32'% 321/4 32 «/4 1,000 89 86 J/2 87 y2 210 I3J/4 13% 2,900 36 36 *89 90 13% 17% *90% X55 18% 56% 18% 134 661/2 *65 68 34% 34'/a 34% 21 20% 21 13 % 13 13'/a 91 13% 36 V2 17% 88 13% ♦35% 134 20% 91 4,400 *31% 18% 34% *90% 17% *94 134% 661/2 13 700 1,400 17% 17% 56 >/4 18% 13% 7,500 31% 17% 55% 21 7»/2 95% 36 17% 13 2 '/a 28% 17% 13% 13% 21 7% *28 31% ' . — 2% 2% *93 J/4 88 88 ♦35% 34% "a 31% 311/4 34% » 94% *93 •134 800 54 7'/a City Steel common—-12.50 300 8 26% 28 8% 8 *53 f 8 —No par 28 107 • 7% Graham-Paige Motors —No par Granby Consol M S & P —5 Grand Union Co (The)— 10 28 137% *16% 17% 53% 105 >/2 100 9,200 66% 17 '/a 53% 105% , 27 4,500 84% *70 , 36% 36% 100 15% 8 31% *83 15 15% 15'/a 36% *99 31% 31% 1,300 103% ♦100 84% •70 30% 103% 103% 31% 84% 30% *791/4 Corp— 130 96 12% 12'/4 No par 2.50 preferred 1,600 96 *95 91% 15% 5 6,800 96% 22'A 36% preference—No par 3% 4 49 15% Brothers common; 24% 91% 22 '/a 36% Co common 200 94 4 100 -100 2,100 *93 25% 10c 33,200 x23% 1 cum 62% 116%: *116 II6I/4 116 94 93 Greyhound Corp (The)— 11% Jan *93% Sep 117 *111 51% Greenfield Tap & Die Corp—No par 73% Jan 21 116 37/a preferred (W T) Co common 1,300 251/4 100 com_^_2.50 Grace <W R) & Co- 56 51'/< 1 Gotham Hosiery Gould-National Batteries 200 3,600 55%: 1 No par Co 5,800 13 _1 $6 Harvester 3,400 90 12% 90 115 115% *111 115 116% 61 Va 61'/a 117 *110 *88'/2 32,100 10'A 54'/4 y *88% . 10c Corp Rubber 90 75i/a 10Vs 54 75 10 ♦110 10 37'/s 54% 100 124 *123 50 500 1,300 40% 10 preferred—100 18 50 37% 73% 73% 34i/4 34 124 *123 124% 73 73 *17% 150 42 74% Corp (B 33% —-No par Casting Brewing 72% 33% 34 17% *17% 72 34 10 Refractories convertible ' 55 —1 Realty & Utilities.. & 17% r 10 No par 2 2 4,200 2,100 pfd—.—No par Western Sugar com .No par preferred 100 Green Bay & Western RR 100 Green (H L) Co Inc ——1 19% Mar 27 141 3,500 6% 3,200 3% % preferred Grayson-Robinson Stores $2.25 conv preferred No par Gt Northern Iron Ore Prop—No par 99 29% 251/a Grant 39 2 29 251/a 1 11% liar 17 1,000 25% 33% May 31% May 8 13% Jan 2 46% Feb 27 26% 251/4 *26'/4 27 1 5%% 300 *26 25% preferred Granite 700 , 25% Goodrich 4 1,600 7% 25% 5 Maris 7% 25% 7 11 27% May 13 *92% Sep 9 27% Feb 21 59 108% Peb 5,600 38 'A Goodyear Tire & Rubber— 40 104 2,300 6'/a 19 7% 25% Precision Co 18% 7% 25i/a COrp (The) Goebel *5% 19 18% 7% Gillette $4.50 6 6 6 120 77 18% Portland Cement Co Gleaner 700 12% Georgia-Pacific Plywood Co $5 12% 12 12% 1.66% preferred Gimbel • com—1 Corp Investors Gold & Stock Telegraph Goodall-Sanford Inc 8 89% •10% General Time Corp common—No par 3%% 220 37% 88% 10% pfd—_No par General Telephone Corp——.—20 4V*% 5,400 881/2 37% 90 27'/2 $3.75 General Tire 37% 88 Va 37 % 25% Outdoor Advertising-No par Shoe 37% 90 36% *88% 26% Motors Corp Steel 4%% 3 72 Jan Gen 37% 89 37Va 90% 26 % preferred Apr 3 31 15 5% 20 37% *93% 36% 90 26% General Railway Signal com General 95% 7% Public Utilities Corp May 22 25'/4 *93% 10% Instrument Corp 1 Mills common——No par General 251/a 951/2 26% General May 20 31% Feb 2 Mar 10 18 8 General 25% 18% 2nd preferred Preferred 900 3,700 247/a ♦93% 25 95% 26% preferred General 15'/4 7% Public Service— 28% Apr 24 22 Jan 26 24% Oct 81 19 Apr 23 98 $5 151/4 261/4 convertible General 15% 35 *20 15% 18% preferred ——L 3%% 2,900 35 26'A General 16 15% 25 34'/8 34 15% 26% Mar 20 29 15% 25 *15% 15% 33% 33% *20 35 26% 5 4% Jan 33 y8 35'/2 preferred 124% Jan 4 33% •20 35 9,900 25 Dynamics Corp common—3 ($2 cum conv)—No par General 69% Feb 33 % *20 24 24 10% Cigar Co Inc com—No par General 123% Jan 99% Jan 92% Apr 29 23% Jan 12 100% Dec 22 24% Aug 15 $3.50 9 7 33 % 33% 35 20 1,600 23% 23% 6% General Foods Jan May 21 24 7% preferred 14% Mar 19 Jan 14 23% 25% Preferred 81 119 237/a I8V2 Corp 54% May 4 115% May 20 110% May 13 23 % 7% com Co 9 24 *34'/2 Electric 60% Dec 23% 6% Finance May 11 94% Jan 2 6,500 98 21 34% General 56 30 *971/4 *201/4 29 General 52% Mar 31 X291/4 97% 20% 34% 11% Feb 89 % May 20 30 % 97% 207a . 34% 75% May 22 8 *20% 98 *33% conv 26 20Va •2oy» 93 20 34% 66% Apr 6 30 30% *97% 20% 18% 1st preferred 7% 1,400 *33% Baking Co preferred General 11% 100 Transportation——^5 Amer General 11% 25% $4.50 preferred $8 11% 7% preferred 10 May 12 29% 700 11% 341% 4% 2 29%' *97Va 431/4 *33% 4% 46% Mar 24 29% 98 *42% 50 8 129% Apr 30 42% 12 20 70 x42 % 43% 26'% 48% Mar 24 53% Dec 20 *94% Jan 2 29%, •11% 104% 6% 35 Apr 20 37% Apr 20 96% May 22 11% Dec 12 Apr 18 Jan 3 82% Oct Jan 11% - 28% 11% Dee 22 84% Feb 20 41 123 11% 63% *104 26i/4 72% Dec 31 14 43% 14% 104 6% Mar 25 2 104% 14% 64% 64' 104 29 35% Mar 25 19% Jan 4,000 104% i4ya 15 64% 104 26% Jan 17% May 20 4.800 63 % 14% 64 104 61/2 78 20% Deo If 14% 64%, 28% 6 16% May 25 115 Jan 9 14% 64: " 26% May 24 14% 64% 61/2 70 31% Feb 24% 104 No par Cable Corp com 9 77% '28% Bronze 22 77% 27 General Dec 78% 6% General May 77% 28'/a 14 79 78% 6% 22% Mar 17 33 *77% 281/4 8 8 78 6% 2 10 77% 28 »/4 Feb Jun 79% 1,300 1,700 *26 y4 17Jan Jan 24i/a 1 11 74 90 Mar 24 23% *100 2 Inc 18% Aug 14 11% Now 28 *29 7% Jan 155 700 24% 18% (The) Industries General 15% Feb 27 11% -11% 23 % 5 Container General 17 7 11% 23% 5 Co convertible Apr Jan 11% 23% _50 preferred (The) Apr 11 July 61% Jan 11% 23% 12% *151/4 190 1001/2 11% 23% 100 y4. 43 33% 101 100% 11% 23 V2 , 1 common common convertible Gamewell *100 100% 11% > *10% 1 (Robert) 8% Feb 26% Feb 43»/2 100% - 1 common (The) Co Gardner-Denver 14 2,600 100 2 24% Oct common preferred 6 25% Feb 43% 6% 1 Trailer 2 102 Inc Froeatert Corp Fruehauf 7% Jan 26 43% 95% 5% Jan 8% Jan 22 44 v* 24% 17% Apr 5 43% *93y2 8 18 32% Nov 17 44 247/8 4 6% Sep 4334 43% 94% 15 2 2,300 24% 8% Jan Apr 271/4 94 % 8% Jan 38 3,200 27''/4. 1 Stores 19% Dec 3 6% 27% 43 *20 1,400 54 61/4 27- 431/2 •97 *52% 6% 27 6%- 11% . *62 53% 26% '51.—15 Food Machinery & Chem Corp 10 3%% convertible preferred—100 3%% preferred 100 Foster-Wheeler Corp 10 Francisco Sugar Co No par Franklin Stores Corp 1 Freeport Sulphur Co 10 Fair May IS 7% Mar 10 $4.20 div cum pfd ser Of 6% May 15 6% Deo 30 *15 No par 104 65 53% 6% 6% 43 ——-5 6 114 64% No par Stores- 38% Mar 13 16 xl4% *62 % 53 26% 78Yz • 64 64 6% •233/® _100 52% 26% ll% -1 „ *62 400 6% .10 preferred • 26% 43% 1001/2 17% Jan 38% Oct 29 52% 1 (The) Food 63 *52 11% 29% Mar 5 *61% 52% iooy2 24 Jan 63 106 .5 preferred™: Felt As Tarrant Mfg Co—— Ferre Corp Apr 96% Oct 6 » Federated Dept Stores common . *60y2 50 15 99 600 50 Va 18% Jan 29 9 6,200 16% 23% Jan 30 Dec 31 1,600 16% 32 14% Oct 16 3 15% 16% 50% Fllntkote Co (The) common—No par -84 preferred No par Florence Stove Co 1 26V« Mar 17 151/4 16% 16 Florida Power Corp. —7% Florida Power & Light Co__-No par 7 15 % 16% 50% 32 11 15 % 16% 31 Firth Mar 25 15% 16% le Vs First National Feb 15% 16% 31% ~4%* 24% Feb 27 15% 16% " 50 % 13% Mar 17 100 15% 15 % 9 221/4 16 Firestone Tire & Rubber com__l2.50 20 221/4 9 31% Filtrol Corp 96 22% 8% 50% 16% Apr Feb *22% 16% 75% Jan - 7,300 13,900 22% 321% Fidelity Phoenix Fir» Ins N Y 46 87/a 87/a *22 % 50% 86% Jan 106% Jan 28 8% 22% 1 ie% 8 62 Apr 23 103% May 13 41 May 8 11% May 19 28% Jan 12 27% ' 8% 22% 31% 2 May 28% 8% > •50% 1 __50 15 - 27% * 50 Jan 23% Apr 32% Jan 24% Dec 4 l 105 16% 8%- 2% Peddera-Qujgan Corp common •S%. conv cum pfd ser A 5%% conv pfd 1953 series Federal Fawick Corp-—r Federal-Mogul Corp new 9 7% apr 1 28% 28 Va 22% —1 22% 15 V* *2% Fansteel Metallurgical Corp__ Nopar 9 53'/a May • 5% 8% 20 77% May 19 14% May 8 32% Mar 20 101% Aug 7 24% Sep 3 7 14 Mar - Airplane Corp.l 29% Jan 23 Apr 23 47% Dee 14 .18 5 fan 40% Apr 28 100% May 19 11% Apr 16 flap 25 16% Jan 19 May" I Jan Dec 26 38% Apr 2 83% Now 20 a 100 24 3 206- 7 %50 ft Jan Fairchild Engine & 8 57 19 15% Jan *6% Dec~'~2 Jan 34% Apr 50% May 21 20% Fetr 9 60 1 Jan Co & 7% Jan 20% Feb 16% Dec 19 ll%Dee 26% Mow 68% Mar Morse 12 11 30 % Dec 23 - 37% Feb 21 100 Fairbanks 7% Now 23%Jan 50% Apr 24 4%May Corp Exchange Buffet Corp 28% Mar 25 1,200 TVa 15% Eversharp inc 3 Shares 7% g 13% 4 2t% Jan t 15% 16% May : o 13% 13 31% Oefc 20 , 13% Jan ? Sep 12 20% Sep 29 12% Jan 3 7% 15^8 xl3 26 7% ►13 % May 22 15 % 13% Oct 2. 7% 13 % the Week Friday Thursday May 21 15% 22 3% Feb 15 7% 13% Sales tar PRICES May 20 15% Jan 16 SALE Wednesday 15% 517/a 11 1% Doc Continued—Page S STOCKS Inrrni *90 91 *36 ' 13% 37 , , 10 17% 17% ♦17% 17% 2,000 56 56% 55% 56% 13,200 18% 1,000 18% 133% *65 34 *21 Va 13 91 18% 18% 134 134 134 70 *66 70 34% 21% 13% 91 33% 200 60 33% 4,600 21% 600 13% 17,500 " *20% 13 *33 91 10 17 18 The Commercial and Financial Chronicle ... (2262) Continued—Page 6 NEW YORK STOCK RECORD Lowest Highest 20 10 31% July 15 13»/4 Mar 21 20% Apr Dec 7-/8 Jan 27 25 Feb 20 38% Dec 23 307a Apr 63 Feb 27 77 Nov 28 73 46% Oct 16 58% Jan 25 25 29 Jail 9 6 38% Jail 5 Gulf Apr 6 77 44% Apr 24 21% 21% 7% 7% 7% 34% 34% Guantanamo Sugar 8 Va 5 50% Mar 27 Mobile & Ohio RR com.No par Gulf Oil Corp 45 7a 45% 46 SALE PRICES Wednesday IV-ay 20 Sales for 1 oursday May :i\ ; Friday May 'ZZ 22% 237a 23% 237a 77a 22 7% 7% 772 *7% 7% 23 the Week Shares 237a 16,900 7%. 1,300 343% 3474 357a 35% 36% 35% 35% 76% 34% *76 76% *76 —No par —— 25 preferred $5 Jan May 19 21% 1 Aircraft Corp—— Grumman 23'/» Jan HIGH AND Tuesday May 18 Par EXCHANGE Highest 7 23 V4 Apr Monday STOCK YORK NEW Range Since Jan. 1 Year 1952 Lowest LOW STOCKS Range for Previous Monday, May 25, 1953 76% 7674 76% 76 % 76 76 45 455/8 46 74 46 46% 46 463/a 34,100 227a 227/a 5,000 16,400 700 {jrui/f States Utilities Co— 21 7s 97 y2 Jan 3 98 7a Jan 2 Dec 16 105 98y2 May 22 98 Common 23 May 20 103% Jan 16 May 18 100% Mar 30 103 May 7 106% May 20 105 Dec 16 May 20 105 Jhii X21% ———No par new __1U0 8 21% 22% *100 21% 22 99% *97 99% ♦97 100 $4.44 dividend preferred——100 preferred preferred dividend $4.20 $4.40 dividend « Jan u *97 23 *100 101 100 *98 100 98 22% *96 98 7a *9674 98 9972 *97 100 100 *98% x22% 99 72 101 98 *9674 34% *343/a *96 987a 997a 987a "60 98 100 H 24 33% Dec 30% Mar 26 33% Jan 12 36% Mar 5 12 56% F«b 6 Dec 9 49% Jan 157a May 26 17% Jan 3 16 11% May 29 May 26 81 Feb 44 55 19 Xl4 Nov 23 26% Oct Feb 19 17% Sep 19 102% Jan 12% Apr 23 Jan 23 71 Jan 18 104 29 10% Jan 5 7 105% Feb 10 May 347a Aug 5 27% May 12 31 Feb 2 Jan 21 139% May 12 23 Feb 20 145 Feb 2 142 21% Oct 23 26 5% Oct 29 67> Jan 4 5% Jan 7 30 36% Mar 1 33% May 1 36 1 11% Jan 2 143/4 Mar 20 6% May 18 19 % Apr 24 8% Mar 12 33 Oct 9% May.20 6% Apr 15 July 29 12 y2 July 7% Jan 26 25 7o Mar 17 7% May 20 Jau 8 ' F) 13% *13% 13% 68 *66 68 Co $4.25 pfd__No par Harbison-Walk Refrac com 15 *102 100 *137 Hanna 6 r/o preferred Corp .-1—25 32% 32% 32% 32% *32% 33% *323/4 33 7a ——100 (G W) common 10 non-cum preferred 25 *90% 92% *90% 92% *9072 927a *90 7a 92% 25% 243/a 25 24 7a 24% *36% 37% 36 36% *36 7a No par 187a 19 18 3/4 1874 185/a 18 3/4 19% No par 68 683/a 677a 68 % 683/4 693/4 693/4 69 117% 117% 69% 117% 117% 117 74 117 9 34 % Jan 22 97 Jan 21 26 % Feb 5 17 Oct 29 66% Oct 31 x78 V* Mar 120% Feb 21 126 % Dec 42% Feb 53% Oct 26 V* Jan 14 7a Oct 31 70 26 14 7a Jan 21 18 May 12 97» Dec 19% Oct 74 3 53 % Apr 29 5 14 Mar 27 May 22 187u Feb 73% Jan 7 91 Feb 2 15% Jan 6 19 Apr 21 21 Mar 22% Nov 22% Jan 5 28 May 9% Jan 16 11% Mar 31 Helme 7% 15 2 Mar 5 Motors Hercules Powder common 25 117% *42 423A *42 42% *41% 51% *50% 51% *50 % 273/4 273/4 27% 28 5 Inc Hewitt-Robins Hinde & Dauch 18 26% 26% 26% 267a 26% 1 117a 26% 117a 15% 157a 157a 6 Hollander *7 7% *7 774 j 29% Mar 21 17 2 39 7 37 Feb 6 41% Mar 10 2 48 Feb 6 55% Mar 2b Honolulu Oil Corp.. Oct~24 21 Feb 4 102 116% Mar 19 14% Nov "l9 13% Jan 2 17 32% Mar 21 35% Jan 33 Vb Jan 41% Jan 49 12% 30 21 26 Dec 11 24 % Feb 85 Apr 14 64 5% Aug 11 28 12 17 66% July 31 11V* Dec 3 16% Jun 16 3 4 Jan 36 1 Apr 29 54y4Jan 95 21 Apr 8 17 x353% Apr 7 457a Feb 23 *4772 Jan 8 527a Aug 21 672 Sep 19 16 467a Dec 31 88% Dec 23 109 Idaho Power Co 30 Illinois Central RR Co common.100 28 14 21% Feb 96 22 2 July 14 18 Nov 29 36% Jan 23 172 Apr 23% Dec 1 3174 Apr 17 4l3% Jan 14 25 94 2 Dec 403% May 130% Jan 97a Oct 4272 May 973% Jan 572 Jan 43 ya 1 4 27 1 3 May 15 372 May 6 48% Jan 21 19 1377a Aug 14% Jan 55 7a Dec 4 3 2972 Apr Jan 5 166 74 Jan 7 Feb 9 317a Apr 24 857a May 14 2 90 24 23 Packers 4 27 55 Jan 7 International Salt 140% Feb 3874 Jan 36 4 29% Jan 19 41 % May 21 287a Jan 6 31% Mar 16 Iowa-Illinois Gas & Elec 233% May 1 217i Apr 30 26% Mar 16 Iowa 5 20 572 Jan 26 74 Aug 81% Jaii 2 90 96 100 19 15 12572 May 43/a Feb 1 20 25 89 3 85 34 Apr 23 May 9 94 Apr 22 Feb 15 19 53 7a Oct 30 717» Jan 7 207a Oct 22 2572 Jan 21 78% Jun 9072 Apr 38 3/4 Feb 9 Feb 39 7a Apr 101 Jan 633/4 May 22 50 7a Feb 9 743/a Jan 21 24 V* Jan 60 4 May 12 253/a Mar 9 26 1 16 l2 Mar 18 & $6 53% 17% 187» .' 241% 2417» 242 4% 57a 574 53% 173/a 173/8 17% 1874 237 240 240 Jacobs (F I.) ;33/4% Johns Manville & 44,000 7,600 500 244 297a 29% 18,600 1537a 29%. 154 15474 550 1,900 4,100 24% 247a 24% 24% 24% 24% 24% 34 337a 347a 337a 347» 33% *84% 333/4 *847a 88 27a 40 130 117» 1307a ll3/8 527a 117, 527a *96 527a 987a 8% *96 83/4 59 - 872 ' 59 877a *847a 337a 17 17% 2V* '- *2 78 40% 40% 1307a 1297a 130% 1297a 1297a 117» 11% 53V* ll3/a "537a 5372 1174 5272 5272 9872 *96 , 47% 100 407a 407a 407a 407a 1,100 *487a 407a 4972 *48% 4972 *48% *337a 347a 49% 33% 407a 4072 1774 27 30 " *33 277a *29% 29 10 107a ' 21% .v *3674 37 *297i 29% 2474 . *125 24 247a 22 21% 21% 128 *125 39 128 420 30 30 30 29% 287a 287a 1,100 107a 10 107a 3,600 '39% 297a 2934 243'8 *2474 > 21% 21% 22 *125 l73/8 » 41% 27 26,100 2,700 - 600 . 227a 128 4074 3,600 3074 1,200 247» 24% 1,600 2274 ' 40 3074 . 30 24Va 177a 26% 100 287a 37 128 *33 1,000 9 60 10 - 247a *125 33% 99 173/4 29% ' 60 277a ; - *8% 26% # ' *96 29% - 30 28% 107a * 177a 17% ,-27 283/4 « 29% 11V* 53% *477a 10 36% 1174 53 4lVz *477a 283/4 . 1172 1,200 11,700 400 3,200 8,200 27a 403/4 13074 477a 872 59% *297a 23% 130 877a 49 872 59 49 *96 9874 107a 29% 27a 40% 83/4 597a - 59 *26% 27t 41 9874 8% 60 872 58V2 177a 27 > 88 *27a 40Vb *47 7a 49 *847a 88 274 40V* 274 27a 4072 28% 22% 2,400 *125 128 1 4% *4% 4% 4% 4% 4% 800 No par 24% 24% 2434 24% x25 25 24% 24% 24% 24% 800 1 22% 22% *22% 22 % x227a 22% 22% 22% 22% 800 pfd__100 *8674 8734 *86% 22% 86 V* Co new *4% 434 4% 877a •' ; 1 31V* 373/8 36% 37% '37% 31% 377a *9374 95% *937» 957a *93% 957a *9374 85% *85 867a *85 37% 38 87 70 37% , " Corp 957a *9374 94 7,300 _ No par Johnson—, „ 25 8534 Mar 30 18 35 V* Apr 24 393/4 Mar 17 preferred series A__ Joy Manufacturing Co Kaiser Laughlin Steel 4% 100 common 83 % Feb Jones & 5% 18% 24 7a 363/4 preferred Johnson 140 5 18 33% 10. 2 5 907a 24% *84 Va 1 1 Sulphur Cc Inc 29% 153 7a 5,700 907a 33% No par Jersey Cent Pwr & Lt 4% Jewel Tea 29% 1547a 154 30% Co Lake 297a ' 800 247i 24% Co_No par Jaeger Machine Co Jefferson 241 *238 10 preferred— 4,200 147a 2478 *14 7 33% 5 50c 25% v 57a 173% 28% Island Creek Coal common— 257a 907a *90 92 *29% Light Co 7 com.i 5% 65 % 66% 65% 65 657a 12 Vt 517a 52 *51% 52 7a : 52% 53% X52% 52% 527a 53 10 233/4 23% 23% 237/a 2334 247a 23% 24 7a 23% 24 Va 100 84% 84% *84% 84% 84% 84% 84 34 84% 84% 84% l 367a 36 74 36% 36% 36% 36% 36% 37 36% 37% 4,400 65 V* , 65 65 % 63% 65 5,600 1,300 27,500 - 100 K 17 383/a Jan 3 427a Dec 16 497/a Feb 13 19% Dec 10 For r 11 Power Apr 24% Nov Dec V* May 20 6 F^eb 53/a Ma 21V* May 1 187a Jan 16 Jun 62% Feb 307a Jan 130 Intertype Corp 9.700 90 574 237 3.50 30 4074 917a *907a 91 25% 900 154 39% 247» 25 Co *15172 407a 257/« 147a 253% No par Stores 31 13 x8 pfd—; conv Dept Power 257a Jan 393% Feb 31% Oct 30 cum Interstate 14 28% Dec 141% Jan 16 $1.40 Interstate Jan 29 12 Oct 22 307a Mar 18 11 Feb 1267a Oct 22 82 337a Jan 2 967a 24 33%.. 1774 23 44 96 *14 33% Feb 200 2,000 *4% 44 95V* 154 : 14 27 93/4 Apr 574 574 44% 2474 *33 preferred 2,000 233% 25 1% 40 5.200 14 International Telep & Teleg.No par International Utilities Corp.—1 5 6 2 4074 10% 367» 25 7a 4974 " 19 *1517a 154 220 10 14 *4872 Jan 95V* 200 200 3674 243/s 4974 30 44 " 3,800 10 25 *4874 2074 Jan Jan 783% 36% 14 25 35 27 24% *4% 5 393% ' 4072 6 957a 39% 407a 8 44% 95 *1517a 154 407a 9 Apr 9% 367a 393% __L—____No par Silver common.. 163% Apr 2672 May 29 72 May * *477a .- 934 363% 5 44% - No par - *487a 49 9% 36% / 37 24 5 1—100 International 33 35 Sep 4 32% July 2 10 3% Sep 30 preferred 26 367a July 24 4 5% Shoe 20 3% Dec *487a 9% 51 2474 177a IntT Rys of Cent Amer com..No par International 8 487a 51 147a 91 No par 3 18 51 387a *14 Limited—15 Jail 20 243% 387a x23% common—7.50 preferred 54 Feb 303% Sep • 3 7 $4 487a May 13 • *1517a 40 243% 130 10% Mar 17 2 39% 100 Preferred 617a May Aug 15 *15l7al54 x40 20 Apr 1 1,100 8,900 4274 110 49 100 Paper 7 78 *1087a 49 9% 363% Canada corn..No par International Jan com Mining Corp International 102 79 49 487a 9% 37% No par preferred—; 5672 Mar 23 17 May 12 4174 433% 110 49 93/8 31V* Int 12% Mar 18 78 *1087a *487a par No par Chemical 11,400 52 26% Mar 24 .13?% Mar 11 *437» 78% *50 3974 Jan 2 427a 51 _No par 30 10% Jan * 47a 2274 51 100 common 300 17 4% *213/4 *50 293% of *163/4 47a 51 154% Nickel *21% 110 38 16% 2274 ' *50 297a 4% -16% 4 47a 2274 6,200 8,500 387a 154% IntT ' 167a 100 c 477a 29% International 13% 4672 1543% 5 10 387a 5 Machines 500 43% 13% *467a 293% 2 10 433/4 14% *4472 154 74 8 10 447a 13% 45V* No par Jan *972 43% 383/8 _ 272 Jan '/ : 14% 477a preferred 100 IntT Hydro-Electric Sys class A__25 47% Jan 10 437a' 4574 20 Iroil— 23 47a *467a —_1 common 47a%> preferred Intercontinental Rubber- 23 15 2 Inspiration Cons Copper. Apr 2 4 7a 457t No par & 2,400 ■*; *474 477a 100 Co Minerals 5,600 4% 43/a *44 5 preferred Harvester 14% *467a 574 .7% 14 427a 95 Int'l 14% 167a 4474 IntT Business 14 477a *4% Interlake 143/a *21% 387a 95 383% Apr 128% Apr 247i Jan 3% Oct 33 30 Apr 333% Dec 19% Jan 53% May 20 1974 Mar 11 254 7a Mar 17 6,000 17 50 Ctfs Inc 2 5,000 757a 4574 433/8 Corp 24% 16% *46% 5 7a Interchemical 243/4 74% *44 95 Insuranshares 1007a 4572 477* 447a 20 613% Feb 267a Nov 25 *99 7a 75 15V* 95 157a Mar 13 *94% 24% *107% *4% 243% May 15 92% Jan 14 250 957a 1007a 24% f 75 7a '4 42% 43 73% Feb 40 22 257a May 8 223% Apr 17 29% Feb 70 96 94% *99% 94% 17% 76 1 .67* 85 *17 110 No par Inland Steel *83 50 common 45 47 16 5 1,400 83 1774 75% 387a 500 42% 43 83 25% 74% *1077a 39 337a 423/4 43 101 4,700 33% 34 433/4 *467a _50 Rayon 5072 Jan 9 14 257a Oct 12 Jan 48 *44 163/4 Industria Electrica De Mex, S A—__ Ingersoll-Rand 97 Oct 2 16174 Jan 39 50 42% 767a 110 50 170 153/a 137b 22% Industrial 483% Apr Jan Nov 13 28 cum 42% 753% No par Indianapolis Power & Light—No 9 68 8% Jan 7 Jan 4.42% 42% *333/4 153/a 43 % . 47a 4 *213% 22% *1077a 100 Illinois Terminal RR Co 16 57 3072 May 19 67t Mar 16 567a Jan 101 cum A. ser common 26 May 29 36% May 16 26 2 13 403% Mar 16 11 Feb 152 72 , 503% Apr 1174 Apr i Illinois Power Co Apr May 28 Oct 20 pfd conv noncum 12% Oct 105 21 45 16% Jan 226 23 88% Jan 4 Apr 22 37a Mar 11 24 2467a Dec 9 90 472 Nov 28 9 May 11 413% Mar 24 6% 163/4 4% *21 % No par 4874 Mar 23 Apr 7 39% May 22 233% Apr 17 3 4 1 — 17 *16% Inc„————6.66% 887a Jan May 18 Apr 23 9 16% Mar Corp 4.70% 29 29% Oct Foods 5474 Mar Jl 143/a Dec 16074 Jan Hunt Hupp Hussman Refrigerator Co May 20 23 74 Jan 16 5 51 297a Jan 22 Jan preferred 4 Apr 8 5% Mar 19 24 157a 13%. 137a 19% Jan t 15% 1574 74 44 137a 108 i6 y2 25s/a * 1074 43% 137a -12.50 preferred preferred preferred 187a May 1 887a May 19 15% Jun *9% 43% 137a preferred— noncum 1133% Jan 151 186 10% 43% •5% cum 1647a Nov 25 Sep *9% Hudson Bay Min & Sm Ltd—No par Hudson Motor Car cum 91 3 77*9 % 100 2 Jan 4.26% 43 *9972 2 14% Mar 11 4.08% 5 945/a 100 59% Feb 7 29 96 99% 4% 5 64% Aug *945/8 100 *83 43/a Jan 963% Dec 96 *99 % 17 93 108 85 433/4 85 43/a Jan 20 437a 4% 52 23 *94% 43 5/a *92 108 V2 92 34 *335/8 *83 4% 50 Feb 34 43% 83 Hudson & Manhattan common—100 5 Oct *33% 43% 83 137a May 81 33% 15% 133/4 May 15 19 33% 157a 137a — 24 487a May 19 73% Jan 27 147a 133/4 Co 28 3674 May 22 4 3% Jan 6 15% 1 Sound 47 30 15 927a *1077a ! 167a 44 17 93 108 245/a Howe 41% May 22 Jan~~4 93 108 74% 6 Mar 11 94 109 24% 21% Jan 8 *93 *108 93 108% 167? 37% May 12 1 1,600 93 108% 74% 17 51% Jan 3,500 60% 17 10 22 5,800 507a 60 247a — May 21 5574 Oct 6 28 383% 49% 607a 743/4 Texas & 507a Apr 417a Oct 38% 49% 60 17 Oil Howard Stoi'es Corp 52 21% May 1174 Jan 39 49 607a 243/4 Houston May 427a Dec 15572 Jan 383/4 49 72 59 74% Light & Power 1 7 717a Apr 1077a Apr 53 87a Jan 39% 49% 61 1 Houston 79 19 83% 39 48 3/8 61 50 Dec 41 y4 Dec 3974 48% 61 com__„5 $2.25 conv preferred 173/a Jan 4 May 18 21% May 14 , 24% Nov 28 18 337a May 1 4% Oct 30 Dec 39V4 49 61 Household Finance common—No par 7 9 Apr 23 43% May 20 137a May 13 16% Mar 4 4 4% Dec 8 May 18 Jan 39% 48% -No par B—No par common .—3 127a May 12 4% Jan 5 6 9 % Apr 39 ser 5 24 Apr 16% Jan 19% July 28 621/2 Apr 12% Feb 200 (Del)—.—25 26 % Apr 19 3% May 15 1,400 263/4 —100 100 No par 30 25V* Aug 1672 26% ——100 18 y» Apr 13 *1674 preferred 58 y2 Oct 18% Nov 167a 26% 3%% 99% May 19 28 16% *26 7a 4% preferred 4.40% preferred May 5 94% May 20 100 16% 5 Mar 25 774 26% 13 May 16 *7 153/4 99% Jan 96 102 103% Dec 23 7 7% *2672 103% Jan 3 1,900 157a 3 23 500 157t 263/4 24 11 *7 117a 157a 157a 30 Dec 7 900 11 1574 *26% 93% Feb Jan 27 1174 16% 57 % Feb 94 27 15% 26 3/t 36% Jan 103 267a *11 2,700 16 Vb 2 Nov 26% 60 120 187a " No par Electrochemical Co Houdaille-Hershey 18 30 preferred—— $4.25 preferred $4.20 div 2nd pfd 18 7a *26% 83 8 88 16 y4 Nov 5 14 10 Holly Sugar Corp common 42% May 22 18 Aug Mar 25 & Sons 7 14% 18 . ' Homestake Mining ————12.50 23 Apr 5,600 173/4 33% Jan May 20 1474 18 44% Oct 92 1,400 17% 17% Mar 23 108 28 18 2874 Jan 7 28 177a 19 102% May 28 74 82 24 2 200 717a 6% Feb 94% Jan 200 5074 *81% 117a Hooker 210 41% 5074 *69 7a 15 2 117 413/4 71% *11 64% Jan 28 74 50 51 82 15% Apr 19 28 2,800 42 14% 26% Apr Jan 42 *50 7a *813/4 1 57 2,400 *69 7a 20% Apr 19 1,100 69% 14% 4 66'/» Dec 197a 82 30 30 37 697a 29 50% Sep 25 *183/4 14% Oct Apr 69% Feb 25 *36 19 74 697a 15% (A) 25 37 82 11% conv 200 243/4 —10 Paper Co (Charles E) 5,700 92% 69 7a 15 5% *90% 8274 11% 2 400 69 % Holland Furnace Co———5 Hires Co 130 33 33 82% Sep 7% Jan 14% 83 19% 82% 16 4 14% 28 *82 74 71 *69'/a > x26 y2 Jan 8 14% 14% 19% *27% 83 82% Heyden Chemical Corp common—1 3%% preferred series A 100 $4% cum 2nd pfd (conv)—No paxHilton Hotels Corp—.—. 5 7 May 28 19 7a 27% *36% 5lVa 117 3,100 1974 427a *50% preferred 22% Apr 11% Jan 18 117% -100 5% 30 800 7 27 7a 37 Hershey Chocolate common—No par 4%% preferred series A 50 9 12% Mar 11 22 preferred Hercules 9 44% Feb 14 14 17 126 % Jan 69% May 19 81% Apr 28 26 27 5 2 May 41% Jan 7 Jan 107% Jan 16% 6 5 24% Jan Apr 24 74:% Jan 24% Jan 7 82% Dec 24 50'/4 May 22 15 22 10 117 7 21% Oct 20% Apr 66'/4 Apr 22 37% May 21 51% Jan 9 16 Co common <H J) 3.65% 38% Mar 13 18 7a Feb 5 Heinz 5,400 133/a 6% *8274 31'/2 Jan 2 133/a 77a 19% 7 May 19 13 7a 8274 19% *27 % 300 7 367a 28 19% 15 — 1,100 2474 7 19% —5 Co— common— preferred——*.—---100 28% 142 *35% 82 Co 3%% 1033% 357a 28 3 36 7 . 197a May 24 % Jan 77a , 13% 7 24 823/4 Nov 2 7 35 . 28 3/4 *139 ■ 24 28 % 34 May 20 13% 67s 142 *23 3/i 19% 29 % 38% Sep 3 21% Mar 31 *133% 674 28 74 28 74 *139 *27% 13 24% Dec *102 *82 Jan 26 103% 82 HeclU 86 30 80 1,000 28% 2 7 Glass Hazel-Atlas 297a Jan Feb 34% Apr 1374 6% 7 200 15 *102 35 13% 13% 6% 13 7a 67 82 9 May 12 82 21% Apr *13% 63/4 *34 7a 13% 15 ,7 Vb 63/4 137a 67 *66 237a 343/4 *34 343/4 1,100 15 74 28 237a 2,600 17 67 142 6% 6% *34 —. 28 *139 527a 17 *15 104 28 24% 300 52 17 *13% 1574 *102 35 53 16% 13% 142 *23 3/i 24% 347a x523/4 66 66 xl5 28 142 6% America common of 4%% preferred-. Hayes Industires Inc 35 *139 28% 27% *13 7a 15% 104 *102 104 *23 3/4 10 Marx 15% 15% 15% 1 —50 1 Hayes Mfg Corp——2 Hat 27 20 No par com Co Schaffner & Hart 2 Apr Co Paper (M A) 30 91 17 *13% Jan 100 5372 17 *66 23 4 53 74 17 preferred conv 90 93% Mar *34 V2 53% 17 —5 100 2.50 4% 32% Jan May 12 34% 527a 17 Watch Hamilton Hammermill 19 7t Jun Mar 34% 53% 17 Printing Co (W 28% May 1 80 Sep 18 21 35% 53 % Oil 2 139% Oct *34% Well Cementing,.—5 Halliburton Hall 30 6 May 20 14% Apr 9 Jun 107 14 66 18% July 16 68 18% Mar 13 2 Jan Water—————25 Haclcensack 26 footnotes a<*e 24 25 72 Apr 6 307a Mar 12 44 Jan 2 49 4% Apr 24 Feb 5 8% Jan 2 Alum & Chem Corp 1 267a preferred (conv) 50 *44% Kalamazoo Stove & Furnace 10 4% 5% cum 1 27 26% 25% 263/a 26% 121V* 27 7a 2774 273/a 4,600 45 44% 45 45 457a 145 7a 45 V* 45 45 1,400 4% *4 7a 4% 4% *4 7a 4% *4 7a *4% 4% 100 Volume 177 Number 5223 The Commercial and Financial Chronicle ... NEW YORK STOCK RECORD Continued—Page 7 itange for Previous Year VJj'i Lowest Highest 26% Jan 5 87% Jan 95 Range Since Jan. 1 2 96 15 Jan Lou est 30% Dec 1 103% Mar 12 ; 10 Dec % 106 3 May Apr 28 98% Apr 30 1 100 % Dec 6 13% Jan 7 68% Oct 22 92% Jan 20 71 -1 40 110 Apr Mar Apr 82 Feb 60 Jan 3 3 40% May 12 108 Apr 24 Apr 7 24 7 Jan 21 48%-Jan 92% May 20% Apr 22 21% Dec 16 2% Jan 5 17% Jan 29 5"% Feb 23 21 4 81% July S) 18 Nov 17 25 Jan 42% Dec 2 Feb Jan Dec 35 74 173% Apr 30 74 Dec Jan 15 48%»,Jun 25 30 21% Dec 26 14 46 % Mar 17 1 22. Jan 2 Nov 26 75% Apr 14 18% Apr 15 24% July 1 • 4%% & Feb 18 34 33% 203/4 600 41% 4,600 90 90% 540 34% 4,700 33% 33% 34% 34% 34% 87 34% 86% 86% 86% 86% 86% 86% 35% *86% 35% 35% 35% 35% 35% 35% 35 53% 35% 54 54 1,800 54% 54% *54 700 39% 39% 54% 39% 39% 39% 40 40 3/a 3,900 83A 5,400 54% 53% 38% 39% 39% 87 40 20 1% Jan 7 6 80% Jan : 2 $3 22% Mar 17 42% Feb 7 Feb 17 Jan 5 80% Mar 11 167 May 22 19% Feb 9 6 Savers Liggett & 2 7% Lily , > 13 22% 23 1,200 52 *26% 51% 27 1,100 *92 27% 95 27% 100 17% Dec 2 Dec 24 5 25% Dec 18 158 % May 24 3. 9 41 20 20 % Dec 23 67% Dec 30 33% Aug 99% July 8 16 50 8 7 Jan 30 97 May 24% Jan 148 Apr 6 6 Rights 106% Jan 9 5 5% * 28% Miir 23 29 Island 5.25% 158% Mar 12 . 7% 41 % Jan 2 2 Louisville' 95 35% May 22 6 Mar 13 97 Jan Lowenstein / 26 45% Jan 23 22 4 %% 293/4 29% 29% 2,600 19% 18 5/a 18% 14.100 18 18% 183/4 1% 1% 1% 10% *10% 10% 10% 10% *3% :j 3% 3% 3% *3% 3% 400 71% 71% 71% 70 3/4 71% 1,500 1%' 1% 71 1 5,900 16% 17 17 17 % 17 17% 17% 21 % 21% 21 21% 20% 21 39% 39% 39% 39% 39% 39% 78 3934 9 373/8 *373/8 78% 161% 500 17% 21% 9% 77% 161% *161% 66 % > 9% 9 373/4 9% 9 . 9% 9 37% 37%, 77% 78% 78% 783/4 *161%. 162% 161% 161% 78%VV 162 % p .; *37 373/4 1,800 3,600 9 373/4 * 14,100 . 7,600 373A 400 78% 77% 162 6,600 162% 60 66 % 663/4 66%, 663/4 67 *66 68 600 43 43 % 43% 42% 43 41 42% 900 23% 24 24 24% 24 24% 243/, 243/4 24 5/b 25 34% 343/8 34% 34% 4,600 34% 34%, 34% 35 ; 34% 35% 19% 19 % 19% 4,500 19% 19% 19 'A 19% 19% *65 19% 100 900 *65 67 66% 66% 22% x22 22% 22% 23% 23 5/a 24 , —No par 12% 123/4 12% 12% 12% 12% 12% 12% Corp———10 32% 33% 313/4 323/« 3P/4 32% 32% 325/a 32% 24% 33% 24% 24 24% X24 % 24% 243/a 24% 24% 24% 9/64 11/64 24,300 11/64 aa 32 32 9/64 & 544,000 —10 — A Co No par 10 com— 30% 16% _100 100 100 10 26% 151 , 38% '60% (Ky)_No & Sons Inc 163/4 105 1 com;._l 100 Co— 30% 17 105 —100 Co 9/64 30% :_100 par (M) 29 34 67 & El Steel 2° 3/4 *18 3/4 preferred series A Lukens 9 373/s Nashville—-1——50 & 6,800 No par preferred Louisville Gas 67% Jan 83/4 39% *42 preferred— 17 8% 21 - 66 Co common 20 8% 39% 43 Co B (P) —' +.mm 8% 223/a Lighting series 39% 66 pfd series A Lorillard 1 8% 21% *21 700 94 l Long Bell Lumber (M'd) 14 *92 10% • 3% 17 27% 95 29% * 693/4 *42 — Long Jan 25 com preferred ——— 36% Feb 30% Apr 5 2.50 — 58% Apr 38% Apr 7 3% 693/4 *263/4 *92 No par 18% Mar 25 110 16 3/4 3% 70 3A 70 10 Co X. convertible *3% 1 26 3/4 ' 95 523/4 8% 10 % (The). 35% Mar 26 16% Apr 24 103% May 1% 10% 5 Gas 107 *1% 10% —No par Star 106% Nov 21 1% 10% : Lone 2, 1 5 Corp 263/4 *92 18 3/« 100 26 Apr 15 13/64 May 15 2 293/4 18 No par May 19 % May 13 July 14 29% 18 ; Cement 9 293/4 __No par Tobacco V 52 %. 8% No par pfd Star Feb 8% 17% 1% Products Co 8% 293/4 (The) Cup 8 % 26% 95 25 common.. 2nd Lone 29 10 26% *92 No par 34% Mar 19 24 600 *52% 5 7 1,000 523/4 29 % Jan 43% Feb 200 153/4 223/4 31% Nov 28 5 *52% 15% 52 Corp——— Corp 3%% 523/4/' 16 *15% 22 3/8 Liquid Carbonic Corp com 26% Mar 19 16 51 % Myers Oil * 223/a 21% Feb Lion *15% 523/4 5% 21 51 % Lionel 4 15% *52% *5 21 51% Link Belt Co— Feb *15% 8% 5% 21% 223/a 27% Mar 27' / 38% Mar 3 74 16 523/4 15 3/4 8% 5% 21 22 preferred Tulip 5% 21% 51% 47% Mar 16 34% May 13 18% May 12 66% May 12 20% Apr 23 Jan 72% Jan Life 8% 8% *5% 20% 21% Libbey-Owens-Ford Glass Libby McNeill & Libby , 83/4 5% 20% 51 % Lerner Stores Corp , 4 10% Apr 13 38% Mar 17 83/4 *5% *20% 21% 1st preferred noncum Lehman Corp Lehn & Fink 18% Mar 27 83/4 5 % 20% 52 preferred— noncum 50c 8 3/4 5% 21% Lehigh Valley RR Lehigh Valley Coal 22 8% 20% *51% Lehigh Coal & Navigation Co Lehigh Portland Cement Mar 24 4% Jan 41 No par — 30 91% Jan 35% 26% 41 91 5 Tire (James) 3.85% 23 14% Jan Rubber 23% Jan 37% Oct 33% Co Lee 14% Mar 25 Jan Ul% Sons Co common—3 Lane-Wells 28 52% Feb 41% 90% *52 % 11 % Jan 24% Feb ,26% 41% 92 500 2,800 108 50 4 33 26% 40 preferred———: 18% Jan Jan *102 91% *86% 223/4 41% 41 108 41% x53% —: 28 20% Aug 26%;' 22% 42% *10"> 92 No par 11% Oct 143 *25% 41% V 41% —No par Lockheed Aircraft Corp Loew's Inc Jan 41% 109 92 10 (The) Lees 7 159% Apr 29 63 Apr 23 J1 Co 3 22% Jan 10 Apr 8% Jan; 15 xl2% Apr 33% Nov 14% Jan 40% *103 26% 10,200 41% 100 (SH) & Co_ 9 34 2 37 29 76 l Jab 13 38 4 102 40% r. 108 21,800 493A 22% 93% Co 4 La Consolidada 6% pld_75 Pesos M'ex Mar 12 * 11% Jan 2 20% Feb 23 9 24 14 7 27 101 *25% 3,000 68% 48% 40% Co Jan 55 24 20 3% Apr 27 66% Apr 28 16% Mar 28 7% May 1 35% Oct 28 x27% Nov 40% *102 26% 41% 68% 50% *92% 10 Laclede Gas 24% Mar 17 10% Apr 2 x33% Feb 66 IS 40% 109 *25% 41 69% 22% ' 4it 68% 48% i. 1 common Preferred 29% Feb 64, 22 16% Apr 1 % Apr 30% Nov 26 19 28 -8% Apr 28% Jan 4 56 May 13 25% Jan 1291% Jan 26 1 9% Dec l 16% Oct R). Co Kroger Co (The)- 7 5% Feb 51 8 26 43 6 (G 40% *104 41% 41' No par $5 prior preferred Koppers Co Inc common- May 12 9% Jan 23 1 May Kinney 95 Lane Bryant cdmmon—a—t 12 Dec 29 49 41% May 19 8 26% Dec 2 160% Jan 1 18 % Mar 18 15 % Jan 25% July 16 72% Jan 30 1 61%Jun 100 Lambert 12 Nov 21 com—No par (cum) Corp 22 '/a Mar ] 6 50 2 13% Dec Corp preferred conv 8% Apr 29 5% May 18 19% Jan 2 16% Dec 15 70% Feb 1,200 L 10 1 % Dec 4% King-Seeley 4% 3% Dec 13 3,700 11% 23 Kress 6 Feb 18% 11% 23 Kiesge 18% Oct 14 100 18% ll3i 23% 5 19 21% May 37% 18% 69%, Kimberly-Clark 9 *36 5,200 11% 49% *23 37 40 .445/8 18% 67% 5 23 Jan, *36 43%, 11% 48 40% 44% 183/4, 48% 5 7% Jan 8% May 37 68% 57% Feb 9% Dec 88 43% 41% 35% Jan 8 54% May. *100%, 101% 43 40% 93% Jan 5% Dec 20% Jan 101% 41% *36 67% Apr 21 34% Mar 2 8% Mar 13 20% Apr 6\ Mar 17 42% Mar *100 42 36% 47% 50% Apr 6 37% Apr 28 24 42 36% 48% 86 42'% Dec 25 102 100% 100% 68 5 5 *100% 2,200 99 41% 41% Jan 5 *96% 47% 8 97% July 30 99 67% 22 54% Sep *96% 18% Jan 39% Jan 99 *11% 78% Jan 28 *96% 18% 33% May 12 21 99 42% 23 Shares 89 11% 22% the Week 29% *86 37 V 29% 89 18% County Land Co 2.50 Keystone Steel & Wire Co—No par 29% *86 11% .7 Oct 29% 89 11% 21 Apr 102 42% *35% 29% 18% 27 24 *96% 29% *86 11% Oct 91 Jan 28 99 29% 89 18% Nov 34 45 Jan 111% Feb». n0° *86 41% 80 50% Mar 25 11 % Mar 49 23 19 29% 87 Sales for Friday May 22 May 21 8.75 49% Jan 23 31% Jan 1 Jan 50 29% May 20 Kem 8 24% Feb 2 29% v86 May 19 (Julius) & Co—x 5 Kelsey Hayes Wheel conv class B_1 Kennecott Copper— —No par 25 24 —__No par preferred— Kayser 25 8 35% Oct 24 45% Apr 21% Jan 26% Dec 2 70 64% Apr 9 7 114 27 18% Jan 26 July 10°" new non-cum Kansas Power & Ligbt Co 27 51% Sep 5 21% Feb Mar 17 22% Aug 30 Common 4% ,L0W AND HIGH SALE TRICES Tuesday Wednesday Thursday a ^ond,ay May 18 ' —*96% Kansas' City^outhern— 44% Mar 18 21 preferred——.——-100 PJeferi'eM— 6 11% May 38 40 J/4 Feb Jan 36% Jan 4 13% Dec 20% May 105 3.801o 9 31 28 3 13 19 19% Sep 9% Feb Jan May 19 w p_r Par C° COm-N° P" 44% May 22 36% May 11 2 31 95% Jan 100% Mar 41% Apr 30 35% May 12 18% May 22 16% Jan YORKSTftrK FXfHAXrF LXCHANGE 31 % Mar 13 89 v :>> NEW Highest 28% Apr 27 —10 33% *104 *993/4 27 27% 151 38 30% 343/8 *91 34% / 30 J/2 305/a 30 2,000 17 6,000 993/4 993/4 *99% 27% 2734 273/8 27% *151% 152% 27% 273/4 150% 1503/4 38% 38% 59% 62% i , , 101 34'4 , 343/8 41% > 94% 42% *91 41% 6,500 - 30 *103% *99% 343/8 23,700 104% * 41% 13% 16% 60% *91 123/4 104 % 38 % 42 31,900 16% 152% ; 94% *41% 24 1053/4 27% 59% 100 233/4 16% 100 % ,.38% 60% 67 a 11/64( 30% *66 *104% 105 *150% V 30 3/a: 16% 67 *66 *8* 34% *91 94% 413/4 17 16% IO41/4 20 101 60 13,100 r. *151% 152% V 38 5/s 38% 1,100 63% 6234 63% 5,100 35% 6,900 39 34 %• 94% 343/8 *92 42 130 94 42% 42% 700 M 10 Nov 40% Aug 128% Sep 12 Oct 14 15% Jan 4 45 10 135 30 Dec 84 7 3 17% Jun 24% Oct 22 25 May Jun 28 10% Apr 27 41% May 19 127 12 Apr 6 Apr 13 24 31% Jan 30 23 % Apr 90% Jan 29 7% Aug 25 28 82% May 9% Mar 13 8 Jan 7% Oct 16 10 % Jan 5 8% Jan 2 30 39, Feb 8 26% Jan 9 18% Apr 20 15% Aug 13 485 Apr 7% Dec Apr ; Dec 14 10 11% Mar 18 Dec 19 6 20 , 22% Nov 536 9 24 8 Jan 23 18 7 July 11 536 Jan 7% Jan 6% May 22 Jan 21f 23 Mar 20 Feb 26 9 9% Jan Apr 22% Jan 552; 8 2 12% Jan 17 8% May 13 11 29 % Jan 28 18% May 13 25 13 Dec 22 12 57% Jan 22 54 ■ Jun 9 16 Dec 19 2 33% Jan 2 17% May 12 20% Feb 18 38 % Oct 30 49 % Apr 10 104% Jan 3 29% Jan 25 90% Jan -2 90% Jan 79 10 4 45% Jan 18 15% Mar 12 May 18 110% Jan 97 May 7 84 87 May 2 May 18 Jan 23 21 G 52 Mar 12 Nov 28 Dec 1 20 83'% Apr 33% Nov 17 46 23% Jan 31 26% Jan 12% Nov 3 15% Jan 22% July 15 28% Feb 86 94 Jan 3 28 7; 21 2: 95 May 2 10 46 % Mar 17% Apr 19% Apr 12 Jan 2 7 33% Jan 23 Oct 15 28%,Jan 2 37% Dec 18 92% Jan 22 54 % Feb 80 May 97% Apr 9 6 28 4 28 93% May 18 25% May 8 22% Jan 13 11 32% May 11 2 101 May 27 101 Jan 3 108 Jun 25 89 Apr 24 102% Apr 23 91 Jan 14 97% Jun 3 91% Feb 20 91 95% May 23 105 Oct 6 109% Aug 8 20 Jan 8 26% Dec 33 58% Oct 16 81% Jan 28 20% Feb 14 28% Nov 28 For footnotes tee page 24. Xl83/4 *540 7% 73/4 6% *6% 25 *24% 233/4 23% 833/4 833/4 130 8 5/b 8% 8% 1,500 9 9 9 9 27% 28% 19 19% *540 555 *7% 73/4 6% 6% 25 25 28% 273/4 : 73/4 273A 2,300 19 19 2,000 *540 19'A 555 900 560 *7% 6%-' 7% *6 % 25%. 400 6% 25 400 25 1,400 *8% 83/4 8% 83/4 83/4 8% 9 83/4 83A 2,000 19% "»19 % 19% 19% 19% 193/4 193/4 20 193/4 20% 24,600 123/8 123/a 12% 12 % 12% 12% 12% 12% 12 12% 21,500 54 54 54 54% 50 *53 *4% 24% *83% 1 4% *4% 4% *4% 24% 25 25% 24% 84% *83% 8434 133/a 13% 13% 13% „No par , 12 12 11% 11% 20 *83% May 13 92 Apr 15 99 May 21 22% May 12 57% May 14 24% Apr 28 » 111 Jan 19 31 Jan 30 25% Mar 30 39% Jan 98% Jan 105 Feb McQuay Mead 4%% 9 54% *54 ' *4% 4% 24% 25 *83% 843/4 54% 54% 45/B 54% *4% 25 843A > 600 45/8 24% 25 4,600 Melville 66% Jan 27% Mar No par 105% 106 30% 30 5% 843/4 84 *50 13% *11% on 14% 17,300 20% 20% 20% 7,300 19% 19% *19% 193/4 1,200 40 20% 19% ' 40 39a4 40 6,900 106 105% 30% . 85 106% 1053/4 105% 105% 1053/4 1,300 30 30% 30 3/a 30% 30% 30% 6,300 *83% 85 *78% 193/4 193/4 *50 50% *833/4 86 84 85 *78% 79% 19% 193/4 *50 50% 18 5/a 86 84 *84 20 853/4 60 *84 85% 180 *78% * 79% 79% 20 193/4 2.200 193/4 50% *50 19 19 183/4 183/4 18% 18% *253/4 26 25% 253/4 *25% 26% 26 26 43% *42% 43% *42% 43% 42%, 42%. *42% 13% *81 13% 13% 133/a 13% 13% 13% 133/4, 133/4 82 813/4 81% *81 % 673/4 68 *67% 68 60% 61 603/4 61 183/4 1,100 3934 20 3/a *42% 18% 12 26 50% 19 1,300 600 26% 44 20 3.600 13% 82 *81% 82 68 68 *68 68 34 68 34 683/4 400 61 62% 63% 64 63% 63% 1,500 *81% 82 10 60 % 61 61 61 62 62 62% 63 *62% 63% 1,200 & 18 353/4 36 36 36% 36 36 % 36% 36% 36 3/a 36% 2,000 1 23% 23% 23% 23% 24 24 24 24 24% 24% 700 Robbins Inc Co Norris -10 V *13% 133/s *13% 13% 13% 26% *26% 26 % 26 93 93 *92 94% *92 27 27% 26% 27% 27 14% 14% 14% 14% 14% & Stores Inc Co 14 3/a preferred—50 *47% Inc 48 *473/4 -—_3% 17'% 173/4 *1736 18% 17% 21 % 213/, 21% 21% 20% conv 2nd 2nd prd— Linotype 99 93% 93% 12.50 23 % 23 % 23 % 23 % 23 % 23% 33%' 33% 33% *99 preferred series 100 *91% _100 series—100 *88% 5 22% 23 22% 22% 22% 23% 58 58 58 58 58% 26% 26% 26% 26% 26% 2 Mid-Continent 9 Middle series—: South Petroleum Utilities 10 Inc—No par *99 *90% *99 93 *91 % 91 *88% 101 30 99% 94% 27 - *81% 82% 99 preferred preferred preferred Copper 1,100 18,000 *93% 91% 3.80% 51% 17% 20% *80% *33% 4.45% 175/a 20% ' *98% 5 Miami *50 18 20% 99 pfd—100 series— 100 5 50 3A i 50 20% 94% 27 91% , 82% 26% 34 4,800 *98% *80% 26% 102 4,300 14% *93% 26% —; 27 % 145/a 99 82% 26% Co—; 26% 94 No par Metropolitan Edison 3.90% 27% .14%; 99 *80% 93% Co 93 *93 99% 93% 100 93 18 50 No par Merritt-Ghapman & Scott Machine *47% ;_—No par preferred Mergenthaler 82% 50 500 94% 50 21 *80% ' 18 16%c No par 1st Co common 700 26% 143/a 27 1 13% *25% 26% 94% common 133/s 26% *92 26% ^ 13% 26 *133/8 13% *253/4 Co Corp (The) > 1 Mfg convertible $4.25 19% 193/4 50 3/a 12 3 -. $3.50 preferred $4 *50 78 % 14% common—50c Corp Stores Mercantile Merck 1 20% 14% 113/4 50 .-No par common-, Shoe 3.85% 4 106 293/8 20% 14% ' 32 Publishing—No par Porcupine Mines 5 Mengel Co 93% Jan. 13 29% Mar 39% —No par preferred (1st series) 100 4.35% 93 % Feb xl9% 40 Corp common—r 2 107% Feb 19 20 convertible McKesson M'esta 2 19% 39% —No par ; Stores McLellan 5 20 19% 393/4 5 common— common- Corp Mclntyre 1 94 % May 12 20% 19% 39% _100 preferred,—^ 20% 1 McGraw-Hill > 14 *11% 5 — Corp com preferred—100 McGraw Electric Co———_1 28% Mar 19 14% May 22 50% May 21 19% Jan 7 25% Jan 87% Feb Co—. preferred 3%% 22 13 50% Mar 12 28% 19% 24 1 Corp McCrory 2 Mar 20 35% Jan 6% *24% 100 preferred $2.50 21 14% Jan 12% Feb 93%. Dec $3 12 26% Jan 28 26% Jan 121 71% Jan 38% Jan 9 24 9> Maytag Co May 21 2 26% Dec 22 73% Mar 12 64 25% Feb 21% Dec Nov 2 Jan 13% •Tan 6 j 24 60% May 14 34% Apr 17 23% May 13 16 7% 7% 28% 555 79% 8 91% Feb 8i *540 86% 92 7 14 Feb 19% 19% 85 4 15% Apr 28 13 Jan 16 7% *28 28% i 8334 *8 3/a 9% * 15%.Feb 10 9% *84 13% Apr 29 22 9% 78% McCord Dec 9 85 McCall 12 % Oct 9% 85 17 47 *9 300 2334 83 8% 42% 83% 23% 85 10 64% Apr 52% Jan 71 56 3,000 23% 83 78% 193/8 45% Feb May 7,300 85 21 % Mar 25 80 12% —No par 30 % Feb 25 12% *42 6.25 preferred-.- 25% May 19 42% May 21 98% Apr 12% $3.75 cum pfd 1947 series_No par $3.40 cumulative pfd —No par MarlG 49% Apr 7 12% 23% 6% Co Chemical conv $3.75 6 18% Apr 5 4 4.25% 13 31 20 3 95 85% Jan 30 17% Mar 123/8 _No par Corp Electric May Dept Stores •j 20 19% Dec 30 84% Jan Jan 51 89% Dec 104% Oct 5 32% Mar 23 95 May 21 78% May 12 Feb 12% 83% 243/4 preferred 85 103 18 12 % 83 555 1,800 128% *8% 19 10% *125% 83/4 28% 10% 1283/4 8% *540 10% 43 *42 % *125% 23 % • *10% 10 3/a 41% 1283/4 common—5 Martin-Parry Corp Apr 7 29% May 18 Dec 10% 413/4 *125% 8% *6% (conv)— Martin; (Glenn L) July 21 10 18% Apr 37% Feb 10% 41% 1283/4 *8% 24% ;—— Corp 5 98 Jun 28 Oct 4 % % 12% 5 Exploration— 14 % Mar Mathieson 14% Oct 22. Oil Corp 18% Mar 20 Master 4 8 9 *125 No par — Masonite 13 23% Mar 2 2 31 Aug 19 —1 *125 ' 24 2 19% Dec Nov 50 Shirt preferred 2 26% Dec 65 4 % % 34% Aug 11 . 10 „ Market St Ry 6% prior pfd 100 Marshall Field <fe Co com—.No par 25% Feb 45'% Nov 55% Mar • » 25% Mar 19 88 % Mar 83 (The)—_———1 Midland 20% Jan 7 38% Feb M.nracaibo 41% Jan 28 42 20 9 7 Feb x22% Nov May 22 23% 83 Sugar Co 9 13% Apr 11% Jan 23% 100 Mandel Bros Manhattan 9 113 2 Jan 14% Jan 84 Manati j 4% Jan 9 17 13% Jun 28 May 13 4% Apr com——No par 41% 12 3/6 Mahoning Coal RR Co 4 23% Feb 94 Magma Copper Magnavox Co , Feb 7 7 9 6 58 8 12% — preferred series A_ Marathon 4% May 25 Mar Jan 5 • Inc 10% 10 3/6 42 1283/4 . Co 10% 42 / Square Garden—No par Magic Chef No par 12 9 (R H) 4%% Marine 27% July 8% Jun Mar 100 — Madison 9 17 9% Apr 15 21% Oct 28 Macy ' 5 31 Nov Oct 1 Mar 4% Jan 23 8 13 25 85 8 24 Apr 52% Feb V preferred Mack Trucks Inc 23 Mar 23 8 % Feb 24 ■ 6% 25% May 21 8% Oct 2 May 32 22% Apr 10% July - 87%-Mar 27 ■r 4 16 Jan M & M Wood Working Co_ 5 MacAndlews & Forbes common—10 24 Mar 24 13% Jan 5 5 26% Oct i 12 45,' 132 *99 92 102 91% *99 93 *91% 91 *88% 101 *99 27% ' ' 23% 23% 34 34 ; 102 34 91% 92 *99 *27%. 23% 34 92 91% 102 27%, \ *99 *91% 93 *91% *88% 93 82% 900 110 500 28 23% 3,000 34% 700 91% 60 102 93 91 *88% 99 99 *99 23% 23% 23% 23% 58% 58% 59% 58 3 4 58% 2.500 26% 263/a 265/8 26% 26% 19,200 91 101 - 91 10 101 - 4,600 20 (2264) The Commercial and Financial Chronicle... NEW YORK STOCK RECORD Range for Previous Lowest 39% Jan 4 20 20 1 46% Dec 139 1 Sep 30% .In Lowest v 41 Apr 21 7 6 13% Feb 26 17% Nov 28 15% Oct 23 19% Dec 19 13 45% Feb 14 62% Dec 18 3 116% Dec 2 107 Mar 39 Apr 24 101% Feb 105 23 Jan 42 16 Oct 28 24 Va Jan 19 91% Jan 7 30% Jan 2 39 Dec 17 15 37 Mar 12 25 Oct 23 23 19% 19% 19% Jan Minn St Paul & 7 Minneapolis-Honeywell Reg $3.75 conv preferred Jan 115 % Mar 31 6 Apr 2 62 27 10 4 104 8 88 Min & Minn 2 47% Jan 29 Mission Corp Mission 22 18 Jan 13 23% Mar 25 11 36 Apr 28 41% Mar 17 15 5 Apr 20 6% Mar 12 Jan 16 67% Dec 31 62% Feb 6 21% Apr 21 59% Dec 23 24% Nov 12 12% Mar 4 31% Jan 7 1 45% May 27% Feb 18 69% Mar 7% 9 preferred 5 13 Jan 5 15% Mar 25 Mojud 4 16% Jan 2 20% Mar 23 Monarch 82% Oct 30 109% Jan 2 85% Apr 14 95% Ja* Monsanto 21% Nov 17 28% Jun 30 22% Jan 19 28% Mar 11 May 12 2 2 18% Aug 3 14% Jan 36 27% Anr 23 Mar 25% Dec 15 18 Feb •24 24% 200 •36 36% 900 30% 31% 6,300 30% 30% 24 24 *23% 363/g *293/4 36% 36% 36% 37 30 36% 30 30% 30% 30% 20% 19% 19% 37% 5% 37% 373/a 5% 53A 66% 66% 66 Va 66% 67% 67% 67% 67 453A 46% 45% 473/4 46% 293A 29% 29% 47% 29% 48 X29% 29% 29% 29% 800 14% 15 15 15 15 •15 15% 1.300 18 17% 17% 173/4 173/4 •17% 17% 67 46% 30 30 *14% 15 14% *17% 18 •17% 19% 20% 19% 20% 19% 20% 37 ,:7v 38 *38% 38% 38 % 38% 4,000 6 5% 5% 5% 5,260 67% 4,500 47 3,500 53/4 6 87% 863/4 87% 86% 87'A 87 873/4 863/4 87% 5,100 24% 24% 24 24% 24% 25 24% 253/4 24% 25% 62,800 No par 28 28% 28 28 28% 28% 28% 283/a 28% 28% No par 4,100 61 61% 60% 61 603/a 61% 61% 62 61% 61% 18,000 17 16% 163A 16% 17% 16% 17 Lines 12 ♦16% Si n ri? % 221,000 16% 163A 14 14 13% 14 14 14 14% 14% 14 14 1,700 35% 35% 35% 35% 353/a 36% 36% 36% 36 36% 6.200 .10 *30% 31 30% 30% 30% 30% 31 31 31 31% 1,400 & Co No par Corp Motorola Inc Motor Products Motor Wheel Corp -5 24% 25 243A 24% 24% 243A 243/4 243/4 24% -1 24% 25% 25% 253A 25% 26 26% 26% 263/4 _1 26'A 26% 5,100 23% 23% 23 23% 23% 23% 26 233/4 23% 24 14% May 19 23% Munsingwear Inc Murphy Co (G C) 4,200 13% 2.100 47 2,500 4 Nov 28 21% Dec 1 12 Jan 5 44% Apr 24 104% May 18 20% Jan 2 48 50 Jan 6 110% Mar 3 Mfg 4%% Corp -0 0 13% 13% 1 26 Murray Corp of America com 50 Feb 25 51 Feb 2 4% preferred Myers (F E) & Bros 47% 104% 14 47% 100 common preferred 24% Feb 45 May 13 41% May 15 Aug 25 52% Feb 4 104% 10 22% —50 *45% No par 41% 14% 13% 47% 47% 105 14 47 105 133/4 47 105 133/4 46% ►105 22% 47 22% 22% 22 ♦45 Va 1 11% Oct 15 16% Jan 16% Oct 24 20% Jan 8 19% Apr 19 Apr 23 29% Apr 23 161% Jan 2 23 % Dec 1 21 Jan 35% Dec 31 35% Jan 2 21% Apr Nash-Kelvlnator 8 25% Feb 20 1 81% Apr 24 31% Feb 11 36% Mar 25 National Acme 4 Aug 12% Apr 15% Jan 8 National Airlines 6 21% Mar 9 National Automotive 2 25% Mar 20 National Aviation 38 National Biscuit 179% Jun 18 12% Jan 28 161% Apr 99% Jan 24 15 Mar 19 173 % Jan 7% 5 22% 22 Va 21 Jan 2 13% Feb 26 National Can 3 61% Mar 19 52% Feb 27 59% Mar 19 National Cash 2 14% Nov 25 13% Jan 2 15% Jan 20 National City 7 9% Apr 24 11% Jan 18% Mar 27 15% Jan 2 xl0% May 15 13% Jan 14 13% Jan 48% Jan 2 Dec 22 17% Jan 4 19% Oct 30 34 % Jan 2 97 Sep 16 110% Jan 24 18% Jan 2 11 1 13% Dec 47 *45 % 45% *45% 41% 41% *45% 41% ♦41% 42% *42% 42% 42% 42% 300 60 12,300 23% July 98% Oct 17 1 33 Lines Department 23 % Jan 24 National Distillers 333/. 33% 900 14% 14% 14% 14% 14% >14% 14% 14% 14 % 14'A 3,060 20% 20% 203A 20 3A 20% *20 Va 203/4 20% 20% 22% 22% ♦22% 22% 23 23% 23% 23% 233/a 23% 1,800 36% 37% 36% 37% 363/4 36% 36% 37 36% 36% 7,800 164% 164'A 163% 163'A 163% 163% 165 163%. 164 163% 12% 12% 12% 123/a 12% 12% 123A 12% 12% 3,100 55% 55% 55% 553A 56'A 56% 56% 56% 56% 3,100 Prod 15% 15% 15% 15% 15% 15% 153/8 153/8 15% 15% 2,200 10 10 10% 10% 10% 10% 103/8 10% 10% 10% 6,960 18% 18% 183/a 18% 18% 18% 18% 18% 18 18% 7,960 59% 59% 58 Va 59 58% 59 58% 59 58% 59 5 14% 14% 14% 143/4 14% 143/4 14% 143/4 14% 14% 2,000 18% 18% 18% 18% 18 Va 18% 183/a 19 18 3/4 19% 37,200 89 % 90% 893A 90 *893/4 90 3A 90% 90% 90% 90% 600 22% 9,300 common—5 v * 100 Gypsum Co common 1 22% 22% 22 22% 22% 22% No par 90% 90% 91% 91% *91% 92% Co common 223/s 22% *92 5 Jun 32% 18 32% 157 32% 32% 33 Apr 28 172 32% Jan 5 7% preferred A 100 159% 159% 132 *158% 1583A 24 158% 159 Apr 15 144% Jin 6% 157% 5 preferred B 100 136 *134 136 7 Feb 134 134 9 26 24 23 40% Jan 9 10% Feb 22 14 16 22 16 30 13% Sep 43% Jan 23 30 4 14 % 2 97 45% Oct 20 11% Oct 16 66 18% Nov 104% Jan 21 116% May 20 7% Apr 1 4 % Jan 13% Jan 105 10% Apr 33% Apr x90 4 87 4 13 68% Jan 1. 41% Apr 108 2 15% May 15 38 Feb 2 24 56 Jan 20 29 3 106 Jan 14 1 16% Jan 5 66 9 70 94% Feb 9 83 Mar 24 400 673 Apr Apr May 8 7 34 Feb 18 65% Feb 6 18% Jan 2 15% Jan 35% Sep 32% Apr 21 37% Mar 23 3 81 30 92 28 Jun 6 30% Jun 26% Jan 5 Apr 2 26% Apr 24 26% May 5 76 Jan 85 82 May 21 Jan 92 Nov 12 98% Jun 3 86% Jan 8% Apr 24 18% Oct 28 46% Jan 2 14% Sep 26 2G% Apr 52 % Sep 1 133/a 133/8 13% 131/2 13% *85 lo 47% Dec 30 16 2 90% Dec 1 94% 110 102 Mar~29 Nov 7 Nov 25 15% Jan /11% Apr 30 7 88 42% 88 42% *85 433A 13% 13 % 70 70 29% 30% 29% 20% 20% 20% 20% 23'A 23% 23% 24 42% 43% 43 44 % 44% 13% 13% *70 20% 1063/4 106 % 106% 106% *14% 14% 68% *66 68% *66 68% 14% 68% 143/4 *66 14% 68% Dock No par common preferred Harlem RR No par Co *81% Y New Haven & Hartford Co-100 *420 *83% 499 84% *420 84% 22 % 22 22% 22 % 23 22% 23% 22% 22% 17,000 59 % 59% 59% 59 593%; 59% 59% 59% 59% 2,000 1 19% 193/4 19% 19% 19% 19% 19% 20 193/4 19% 3,100 .No par 34% •34% 34% 34 % ♦333A 34% 34 34% 34% 35 2,000 preferred _100 Pwr Corp *82 com_No par A 84 27%' No par *82 27 27% 83% > ♦82 27% 833/4 27 27% 27% 27% *27% ♦76% 77% 82 81% 81 % 81% 82% 89 89 883/4- 89 23 87 Jan North 16 46% Jan 2 24 12% Jan 27 Northern 78 24 87 '104%. May 4 92% May 19 109 Apr 12% Jan 2 16% Jan 31 11% Apr 22 25% Jan 31 101 20 Apr 23 20% Jan 8 • Jan 0 $3.60 preferred Mar 12 $4.80 preferred $4.10 preferred Jan 9 • 18% Mar 17 14% Jan . 13 - 4.6% 93/, 9% 9% 9% *183A 18% 18% 18 % 47% 47% <47%. 47 % 47% 47% 46% 47% 24% *24% 24% 24% 24% 24 24% 800 20% 16,700 19% 39,000 47% 203% 18 *84% 38% 25 86 . .243/4. preferred 25 Norwich Pharmacal Co 2 Ohio Edison Co common 203/4 20% 20% 18% .18% 18'/. 18 3/4 86 69% 68% 71% 12% 12% 38 *84% 1 38 %■:; 86 • 86, 86, 38 Va r 38% 38% „ 10 38% - 22,500 76,200 123/4 7.9% ;'\79% *79%- 105% 93% 12 20% 22 _12 a 5 37% ; '. ' 71% 20% : 21% 20% 22 *92 21% 20% . 22 . f , i *80% 15 -:i 14% 21% - ' 22 V. . 21% , 22% 6,100 80% 210 93-.. 14% 120 93" 14% 5,500 ,12% •21% .' 21% 4,100 2,100 21% 21% 800 37% 38% 4.100 97% 98 320 *86% 88 170 12% -12%' v 58,600 12% *>103% 105 >■' 15 21% . 22 ) ■ 93 Va" ■7, 4 12 Bl." 105.' 12% .. 1 •104 ♦92 94 * 12% 20% 80% t 105.' ,14% 12 . '•• V 74% 80% 12% 73% 12% 753A 12% 80% 93% .12, 73% 12%; •104 v .'.14%/ 14%'. • 74%. f. 12% 80% 105 > 92%. 14% 12 ; 2.50 ►104 400 8,200 K *104% , 20% *84% 38% rJS 12%" 10 < 86 38- 31 .14% 8 18% 20% 18% 20% *84% . 38% *92% ^common 20% 17%' ... 69 ; 170 5,200 9% 18 3/, 17% _100 200 91 ; 9% 20% 100 Northrop Aircraft Inc Northwest Airlines Inc 13 Jin 25% Apr * £ 84 •76 18% 10 : 200 *82% *8" 9% i! Mar 19 . 47% Pacific Ry__— 100 Northern States Pwr Co < Minn)— Common 8 89 18% *24% Northern 77 83% 77% *82 9% JO Central Ry Co 200 89 77 % 77% 110 18,700 18% 1 Aviation 77% 82% 27% •27% 9% , 25 Rights 14 % Mar 12 84 American 273A 183/. 9% *18 10 ; Co Northern Natural Gas Co Si May 15 65% Apr —1 Adjustment preferred 20% Mar 19 84% May 6 37% May 13 Corp Nopco Chemical Co. —2 Norfolk & Western Ry com—25 82% 27% 82'A 273A 81% 89% American . •27 % *27% 77 Apr 20 58% *75% 16 10 40 85% 499 22 *80% North 700 800 14% Corp— Electric & Gas Corp— Electric *83% *420 499 34,900 107 70 •67 84% *420 499 129,900 100 series A York Y State 84% *83 84% 490 *88% Jnn 44% *106% 100 23% Mar 24 24 44 15 475 Noma 23 3A 44% *14% -100 8 24Va 14% -100 26 3,800 *14% preferred Jan 20% 106% preferred 20% Jan 203/4 203/a 23% preferred 15 1,100 par 1063/4 10 30 Va 42% *106 1,900 29% 41% 107 3,400 13% 71 30 30 29% 3.90% 18 13% *70'A 100 A City Omnibus Corp_No 10 71 •70V4 23 No par Chic & St Louia Co- 500 12,300 45% 44 13% 13% 71 54,900 14% 88 *85 44% 43% 13% 3.40% 23 88 71 3.60% 9 27% Jan 28 42 3/4 42% 43% ♦85 30i/8 20% 23% Brake non-cum Class 88 14% 15% 20 Air preferred series & *85 8 8 : preferred $3.75 16 13% Dec 18% July 18 13% Niagara Mhk 30 2 Sep 133/a 7 2« 10% Jan 5 13% 12 ,7. May 12 3 13% 14% *34 V2 80% Jan Apr 106% 13% 15 35 93% Jan 9% Feb *105 England Electric System 1 Jersey Pr & Lt Co 4% pfd-100 14% 35 87% Jan 17 *15% 15% 106% 92% 14% 29 53 % Jan 8 15% *105 28 24 May 22 20% Apr 24 19 153/4 106 Va 28 Apr 46% May 22 17% Dec 153/4 ♦105 88 8 89% Dec 300 153/4 106 Va 80% Apr " 16 5 • 2 16 Dec Feb 19 28% Feb 29% Jan 30 700 15% *153/8 *105 35 Common 22 25 2 Apr 28 .'75% Jan 17 35% Mar 7 ,11% Sep Apr Jan 26% Apr Aug ,8 15 Jan 75 Apr 12% *34% Shipbuilding Participating stock 8 94 24% Jan Jan 21% Apr 12 3/8 *90 3A Preferred 5% N 2 • 7 12% 35 50 New 16 94 N Y 12% 90 3/4 $5 N 12'/a 90 3A 6% 9 Jan 12 Va 92% York Feb 2,700 113A *903/4 York 92 1,600 6% 92% New 520 10% 6% 35 New 5 10% 6% 14% 8 20 10% 6% *903/4 20 Jan 10 3/4 6% *34% Common 109% Mar 10 14% May Dec 14,600 10% 63/8 14% York 9 7 103/4 63/a 34% York Central 30 6% 10% 92% New 25% Jan 48% Jan 7 6% 10 900 34% 20% 6 Oct 15% 14 7 *113 10,400 *90% 5 2 105 5 6% 116 29 116 283A 113/4 106% York 56% Jan Jan *15% 116 5,100 29% 88'A *88 6% 12 *105 116% 29 Va 88 29% 116% 7 88 29 100 common preferred 4 % % 30 25 ✓82 1 29% 29 88% 293A 10% 6% 12 30% 29% 118 6% 11 0 28% *88 29% *114 7% 6% New Jan 63% Nov 59 7 28% 88 Va 283/a 31 30% 283/4 28% *88 112 30 6 5 29 10% 1 34 2 f 600 Newport News Ship & Dry Dock Apr 22 22 19% Jan 8,000 13 20% May 25 45% 29% *70 23 Jan 45 % 29% 1 24% Dec 85% Jan 46 Va 29% 100 13 X29 45'/a 29% l Newmont Mining Corp Newport Industries common 72% Mar 23 13% Dec ✓ New 300 46 293A 23% Mar 17 21 46% Jan ■i New 31% 45% 293/4 No par 3%% 6 16% Jan 1 100 *30% 2,700 453A 111% common Newbeiry Co (J J) 14% Mar 30 92% Jan Inc 30% 10 1,400 8 35% 293A No par preferred 135 *73A 35% 45% 28% 1 Bros *134 8 353A 293/4 28% Fibre Co 135 73A 35% 230 45% 88% Inc 31 19,200 159 29% 27% Nesco Inc 6 93% Apr 40 17% May 26 10 May 4%% 20 % Apr • 73 9 14% Feb Neisner *30% 80 33% 159 45% New 24 350 8 31 33% 158 •134 ' 8 35% 92% *92 33% 2,260 29% *87% Corp Mar 25 *7% 34% 100 Co 15 49% Dec Oct Vulcanized 19% Jan 20 86 Theatres Nehi 8 35 5 common preferred conv 8 35 100 Co Natomas 13 May 15 Tea National 20 8 preferred National 26 16% Apr 106 24 %% 4.20% 6 13% Feb 29 4 National 12 7% Mar 29% Apr 34% Feb Apr 13 12% Jan 5 27 Jan 24 22 14% Apr May 7 Jan Oct 52 Jan 13% Apr Apr 21 36% Nov 13 9 Jan 56% July 20% Feb 30 100% Jan 2 10% May 20 6% May 11. 10% Jan 5 22% Aug 8 23% Dec 23 17 5 89 75 July 22 31 % Dec Sep 31% Jan 7% 35% *30% National Steel Corp 10 National Sugar Ref Co No par National Supply (The) Pa com—10 29% May 20 22 98% Mar 20 24 9 11 35% Dec 12 6 3 105% Sep 5 30% Jan 26% Apr 11 3 52 % Jan 87% Apr 4 7 7 29 7% 35% Natl 6 Apr 24% Jan 3 Jan 90 % Jan 12 Jan Jan Jan Linen Service Corp 1 Malleable & Steel Cast-No par National Shares Corp No par 37% Mar 19 27% Jan 3 11% Jan 10 84 Apr 8% Mar 1 9% Jan 45 35 23 104 % Jan 2 24 91 May 20 27% July 7 109% J,uly 31 5% Sep 18 2 13% Dec 32% Jan' Jan *134 National May 11 Sep 22 53 15 Nov 8 31% Nov 1 30 23 6% Oct 31 32% Apr 7 30% May 20 34 % 33 223/s 92% 177 7% Dec 210 12% 15 30% Oct 1,160 55% ' 20 30% Jan 770 20% Jan 147% Apr 9% Jan 77 10 Stores preferred Lead 90 333A 1 pfd series of 1951— National 33% May 22 89 333A 23 86 1 Dairy Products National $4.50 23 Va 90 34% 223/4' 1 Co National National 223/4 86% *33% 10 Inc Gas 62 % Feb 93% Jan 23% 86% 33% No par 15% Jan 18 22% 85 100 , Cylinder 22% Jan Feb 29% Apr 223/4 333/a 1 Container Co 4%% 22% 85 34% 10 Register National 99 % Jan 23% 85 5 Corp National 90 7 29 Inc common 5 18 May 13 89% May 12 20% Apr 23 8 Jan Fibres Corp Co 22% 85 33% 100 Feb 11 47 1 19% Mar 27 56"% Apr 14 14% Jan 23 0 Louis 136 3% Oct 280 4,400 47 165 Jan 22 106% 22% ♦105% 1 & St Co preferred A 8% Oct , Corp Chalt Nasiivihe 2 49% Nov 101 47 105% ' 22% 13% 47% 105% 900 N 18 85% Jan 2,500 Mullins 36 19% Feb 400 86% 0 Mueller Brass Co 22% Dec May 6,400 26% Mar 13 100% Dec 27% Oct 270 27% Mar 16 15 43 3,900 May 19 31 % Apr 25% Jan 16% -3 (John) I Jan 82 24% 24 ♦23% 24 36% *36 Apr 23 1 25% May 16% •80% 23 20 91 16% 81% 23 60% Feb , *23% 16% 81 8 57% Jan 24 9% Jan 100% 16% 803/4 25 110 18% May 1 42% Mar 13 17% May •99 16% 80% 13% Jan 5 6 Dec 101 6,800 Dec 25 1 19 48 *99% 5,400 46 29% Jan 20 49% Dec 101 45% 16% 11 6 6 *99% 45% 44% 80 46 (The) Morrell 27% Jan 45 61 112% 0 Moore-McCormack 34% Mar 18 6,100 • 60% •111% 5% Co 15 43% Jan 31 443A 102% 1.25 16 34% May 14 29% Apr 28 24% Apr 24 14 Dec 15% 15 61 1123/4 16% No par 18% Apr 15% Apr 7 12 15% 60% •111 39,100 80 pfd-100 Montgomery Ward & Co 16% Apr 15 60 Va 1123/4 19% 19% Utilities Co Montana Power Co 143/4 59% ♦111 60 19% 16% Rights 6 Afar 26 12% Jan 44% Oct 106% Oct , 20 % 1.300 80% 16% *80 20 conv 65% Mar 19 3 32 22% May 11% Jun iis May 24 19% 22% 100 Tool Chemical Montana-Dakota 20% 600 22% 36% Inc Co Machine 223/4 Shares 43% 138% 5 A 59% Mar 10 10 Aug 7 22% Jan 14 1 20 Hosiery 223/4 •137 10 Mohawk Carpet Mills 14% Aug 18% Jan *43% 138% 45% •100 102V2 43% *137 No par com series 32% Mar 12 20 19 RR t Missouri Pac RR 5% 23 58% Jan Development Co x44% 45% *100 Light Co_No par 1 Mississippi River Fuel Corp Missourz-Kan-Tex 16% Oct Nov 603/4 1123A 34% Mar 25 8% Feb 12 60 •111 Minnesota Power & 20% Jan 67% Jan 60% 112% 44% 43% 23 14 60 *111 Mfg common—No par 43% the Week Friday May 22 137 19% 14 14 14 Sates ft Thursday May 21 x23 " 100 40% Mar 26 Apr 5 Jan 38% Dec 31% Dec 13% PRICES 137 1.50 $4 19% Jan 23 10 16 Marie—No par 26% Jan 22 May Jan 16 22 S3 29 23 43% 193/4 23 Feb SAI May 20 44% 23 HIGII Wednesday 137 44% 19 22 16% Jan 137 44 % 23 3% Oct 26% Apr 137 10 15% Oct 55% Oct 44 137 Minneapolis & St Louis Ry__Nopar 33% Oct 50 5 _100 common 8% preferred No par Minneapolis-Moline Co common—1 $5.50 1st preferred —100 $1.50 2nd conv preferred 25 79 9 32% Jan Prod 24% Mar 9.0 Feb 34% May 13 27% Feb 20 11 23% Nov Steel 20 % May 20 139 May 16% May 13 2 Nov Midland 9 May 19 4 101 80 7 46-(# Jan AND Tuesday May 18 1st preferred Midwest Oil Corp mar Apr 53% Feb 108 2 48% Jan 25 22 Monday Par 26 16% Jan 29. i) STOCK EXCHANGE Highest 132% Apr 3 Oct YOICK NEW Range Since Jan. I Highest 131 % Jun Continued—Pagi 8 LOW Year 1952 Monday, May 25, 1953 ; O 33% Jan 100 Jan 68% Jan 2 14 8 104% May 15 39% Dec 22 37% May 1 106% Aug 12 96 8 94% Apr 10 106% Nov 7 86% Apr 100 99 50% Oct May 39% Feb 106 4.40% preferred 100 97 97% 93% Jan 27 3.90% preferred 100 87 May 18 86% 106% Feb 20 4.56% preferred Apr 104 4.44% preferred 23 23 Mar 9 10 2 17% Mar 13 19% Dec 9 18 30 18% Jan 6 12% May 15 85% May 1 14% Feb 2 95% Jan • 22 Jan 16 13 Oct 27 17% Jun 6 91 Dec 12 108% Jun 2 For footnotes see page 24. ' 2 60% Apr 27% Dec 6 38 Jan 50% Apr 28 24% Apr 28 Jan 56% Jan 28 Ohio 2 Mar 23 f Oil 37% 37% 37% 97% 96% 96 % 97% 97% 88% 87 87 % *86% 37% 100 Co 100 101% *99% 100 % *99 100% 52%': 52% 51 52% 10 25%: 25% 253/4 25%, convertible preferred 18%' *18% *18% _2o _i 100 12% •12% "'1 '87% *87 37V, • 101 *99 No par com Oliver Corp common 4%% 37% 97% *87% ^100 — Oklahoma Gas & Elec Co 4% preferred - ' •99% *100 .. 101 ♦100 101 101 52% 53 25% 26 53 % . 25% 88 101% •100 •lOOVa 150 101% 101 101% 53% 53% 54 26 253A 26% 10 \ 8,500 10,400 18 % 18Vs 18 V. 18% 700 12% 12% 12% 12% 12% -12% 12% 12 % 8,300 87 87 86% 86% 87% 87'A 87 % 87% 90 18% 18% 18% Number 5223 Volume 177 .... The Commercial and Financial Chronicle (2265) NEW YORK STOCK RECORD STOCKS Range far PrtrlMU Range Since Jan. 1 Year 1032 Lowest Highest Lowest 9% Mar •% Apr 12 13% Aug 28 39 Feb 19 41% Dec 23 38% Jan 19 Jon 2 30 Dec 23 28 Feb 79 81 May Feb 19 83 Jan 11 41% Apr 24 62 Jun 11 69% Sep 16 85% Jan 23 1 YORK NEW STOCK 10% Jan (The) Omnibus Corp 6 Par 9% 9 Ye 9 Ye *9% 42 Va 41 Ye 41 % 41% 42 41% 42 2.50 31 Va 31% 31V2 31% 31% 31% 31% Outboard Jan 6 Outlet Co 6 Owens-Corning Fiberglas Corp Mfg No par Pabco Products Inc com No par 17% Jan 14 12% Apr 30 81% Dee 31 87% Jan 24 83% Jan 12 13% Dec 30 19% Jan 11 10 Apr 28 38% Dec 31 38 Jan 12 48 73% Mar 26 1st preferred noncum 2nd 29% Mar 22 15% Jan 20 88 MarlO 4% Pacific Co Coast Mar 17 63 Oct 28 60 Jan 12 39 Mar 18 49 Deo 30 49% Jan 9 57% Mar 27 Apr 7 80% F«b 20 Pacific Finance 36% Apr X55% Jan 7 40 Mar 17 Pacific Gas 15 61% Mar 13 80 2 30% Deo 2 32% Jun 12 39% Deo 9 88% Deo 11 2 Pacific Lighting 35% July 14 25% Feb 13 Mar 17 Pacific 24 120% not 26 113% Apr 28 119% Mar 10 Pacific Telep & Teleg Jan 2 2 145% May 19 8% not 21 132% May 20 6 Ye Apr 27 142% Jan 22 5% Jan 17% Oct 16 26% Mar 15 60 17 Apr 24% Get 23 132 8% Jan 22% Feb 9% Not 7 5% Dec 7 12 *68 70 68 68 *56 57 *56 22 Pan-American 17 8% Jan 14 6% Jan 12 30% Mar 13 26 Ye Jan 26 6% NOT 21% July 16 29 43% Jan 16 Oct 28 41% Oct 30 68 Feb Oct 16 38 Jan 26 6% Feb 15 33 15 2 10 2 Apr 8ysJan 5 Parmelee 8% Apr 9 Patino 6 Jan 8 18 Jan 7 34 65% Mar 19 72% May 21 Penney 7 11% Jan 14% Apr Penn 33 Dec 22 31% Jan 1,300 5 9 37% May 5% 5 23 133% 133% 133 133 Ye 132% 133 133 133 7 7 39% Mar 19 2 Feb 4 107% Feb 3 Penn-Dixie 8% 5 Ya 5% 5% 5% 5% 5Y4 25,800 10% 10'% 10% 10% lOYe 10 7/e 22,400 45 44 44 45 50% 600 77% 76% 77 Ya 77% 77% 2,100 28 273A 28 27% 277/e 28% 29 29 Ya 29% 30 1,200 36 Ye 36 Ya 37 36 Va 36% 7,300 35% 35 35 *34 Ye 35% 34 Ya 35 *34% 347/e 7% 7% 5 *4% 16% 16 Ye 37 72 13 13 13 *12% 13 Cement 10 Corp 1 *103 Aug 5 10 5 100 40% Feb 18 34 47% Mar 11. Peoria & Eastern Ry Co 100 Pepsi-Cola Co 105 Jan 30 2 22 105% Apr 7 23% Jan 22 16% Dec 19 19% Jan 25 33 May 29 Apr 22% Jan 29 2 16% Jan 2 2 26% Apr 2 97 21% Mar 6 19% Mar 25 10 33% Jan 5 Apr 23 33% Apr 24 108 Va Jan 2 33% Dec 30% Apr 25 15 May 15 1 2iy2 May 20 Oct 6 100 99% Jun 24 88 112 17 cl83% Jan 8 23 42% Jan 3 Jan 93 21 41% Dec 31 17 2 103% Jan Apr 19 % Apr 117% Jan 30% Oct 30 105% Sep 100 5 32% Jan 19 25 Va Mar 17 33 %c Pfieffer Electric Phila $1 conv preference com Jan 5 4.4% 99 Jan 2 3.8% preferred 108 Feb 26 4.3% preferred 108 % Mar 4 97 % May 13 8 2 20% Feb 12'/a May 15 18% Jan 8 36% Not 12 31 Feb 9 36% Jan 5 Philco 3 90 80 Apr 28 87 Va Jan 14 12 55 May 15 101 62 42% May 15 93% Jan 12 95% Feb 101 13 Dec 8 46 y2 Jan May 3 92 98% May 10 preferred —100 3.90% series prefered-——100 Phillips Jones Corp com No par 5% preferred .—100 98 Va Jan 5 93 V2 Apr 29 Dec 31 18% Jan 27 25 Feb 4 68 Dec 17 08 29 98 Jan 29 NOT 14 24% Oct « Oct 1 May Phoenix Hosiery-—————5 Mar 4 37% Jan 12 5 34% May 12 8 96% May 19 24 110% Jan 21 29 19 Tan 6 106% May 22 23% Apr 24 94 Feb 17 Jan 7 3 14 14 Va Apr 24 16% Mar 18 21 156 Aug 18 148% Apr 165 Aug 25 155 Va May 19 42% Mar 17 66% Dec 12 8 Oct 27 10% Jan 21 17 Oct 16 25% Jan 21 78% Oct 30 85 Jan 17 Oct 23 80 Jan 17 25% Deo 23 18 145 25% Apr 17 3 16 11% Oct 80 28% Apr 25% Mar 18 150 Apr 27 8 31% Jan 2 Mar 26 12% Jan 14 15 Va Apr 23 34% Apr 8 46% Feb 3 15 17% Jan 29 2 2 2 10 May 16 11 28 8 May 20 31% May 15 39% Mar 20 16 108% Aug 11 28% Jan 2 7 17 3 I* Apr 28 33% Aug 11 39% Jan 4 33 7 4%% 15 Procter Mar 11 36% Feb 4 93 May 4 103% Apr 6 40 y» Apr 6 53% May 13 105% May 15 32% Jan 7 26% Apr 28 27% Jan 20 27% Feb 24 102 Jan 6 109 % Jan 6 43% Jan 20 64% Jan 2 109% Mar 4 27% Feb 13 80% Mar 9 22 146% Feb 2 • 23% Apr 16 25% Jan 2 2 29% Not 28 >9% Feb f 29% Jan 6 9 81% Deo 8 70 Jan 2 3% Nor 14 4% Oct 0 4% Jan 6 Jun 18 27% Fab 134 conv $4.75 Public cum . 34% 34% 34 Yi 34 Ye 6,600 21% 22 Ya 2 PA 217/e 47,900 44 32 137% Serv El & Gas 4.08% com 4.70% 5% Oil (The) conv 41 *40'A 40% Purity Bakeries Corp 41 44 31 Ye 138 44% 44 *31 Va 44 Ya 32 Ye *31% 138 138 138 41% 42 15% 15 15 Ye 40% *3.9 40% 40 Ya 41 Ye 14Ye 14% 40% *39 Ya 44 1,200 Ya 400 32Va 1,400 138 41% 600 147/a 15 Ye 86,100 40% 40 Yi 41 Ya 200 100 Va 100 Ya 101 Va 130 20% 20 Ye 207A 21 Ye 20 Ye 20% 20 Ye 20 Ya 2,400 18% 18 Ye 18 Ye 18 Ye 18% 18'% 187/a 187/a 18 Ye 3,500 28 Ye 29'A 97 29'A 98% 34% 31 31% 12% 32% *82 51% *90 *91 *23 31 Ya 1373A 100% 35% 97% 43% 31% 20% 101 98% 21% *100% *88 14'A *39 44% 137% 21 Ye 101% 102 *100 2 9 Ye 30 2 9 Ye 30 29% 29% 98 97 Ya 97% 97 97% 97 97% 300 34% 34 3A 35% 35 35% 347/e 35 Yi 12,700 30 Ye 30% 30 Ye 31 30 Ye 31 31% 31% 3,700 22 Ya 223/e 1,100 101 Ya 101 Ya 300 21Y4 100 *88 98 99 13 102 x34Ye 91 > *100 13 21Y4 21 Ya 22 101% 100 % 101 101 102 88 91 91 91 88 99 Ya 13 *98 99% 22% *98% ' 13 Ya 33% 32 Ye 33 VA X33 Ye 33% 33 Ya 82% 82 Y4 82 % *83 Ya 84% *83% 51% 13% 13 22% *90 98 Ya 100 .1 8,800 91% 200 99% 250 12% 13 Ye 6,400 33 Ve 33 Ya 7,800 *83 Ya 13% 33% 85 85% 50 3,900 51Y4 513A 51% 51% 51 Ya 51% 51% *90 93 Ya *90 % 93% *90% 90% *90 Ya 92% 93% 51% 93% *90 92 Ya *90 92% *90 92% *91 92% 25 *24 25 *24 25 *23 25 *24 25 *93% 57% 97 *93% 97 *93% 97 *93% 97 *933A 97 18% 35 19 18% 35 *34 Ye *96% 20 % 58»/« *90% 91 51 *14% 17 Ya 17% 34% 35 35 Ya 35% 35 98 98 97 97 97 97 21 20 Ye 21 21 Ye 21 Ye 106 Ya 106% 20 24 Ye 2,000 20 Y4 20% *20% *105 Y4 *105'A *23% 241/4 *90 92 Ya *90 92% *89 90 Ya 91 90 90 51 51 51 15 14% 23 Ye 14% 157 51% 8% 19% *150 155% 51 8% 18% 51% *14 Ye 59% *105'A 24% 94 155 24% 58% 18 Ye 34 3A 20 3A *155% 32,700 58 Ye 58% 17 Ye 96 Ye Va 56 Ya 57% 18% 35 96% *150 51'A 8% 19 *69 *70% 58 Ye 97% *105% 24 57% 24% 51 Ye 15 23 3A 24% 88 Ya *88 Ya 90 51% 51 Ye 51% 1,400 15 14% 14 Ye 300 *150 *155 158 51% 51 *150 155 158 8% 19% 50 Ya 155 18 Ye ;■ 900 1,300 51% 88 *14% *155 x8Ye ; 92 *150 8Ye Va *90 155% 19 24 2,600 17% 92 *90 155 5 PA *17 52% 8% 19% 156 Ya 300 155 156% 53 100 3,500 53 Ya *52 Ya 8% 8 Ya 8 Ye 1,700 19 Yi 19% 3,000 19% *69 70 *69 70 *69 70 *69 70 71% 71 71 *71 71% *71 71% *71 71% 100 24% 24 Ye 24 % 24% 2,500 70 24 Ye 11% 30 25% 25 3A 26 24 Ya 24% 26 *llYe 12 Ye *11 Ye 12 Ye 29% 29 Ye 29Ye 30% 37 Ya 38 24% ♦147 *147 ♦147 % *146% 26 24% 26 % 1,000 26% *26 12 Ye *11% 12 Ve 100 30 30% 30% 30 Ye 5,700 38 Ye 38 Ye 38 38% 1,500 16% *16 26 *11% 38 16% 17 Ye 17 Ya 17 Ya 17 Va Xl7 Va 17% 17 Va 17% 5,700 11% 11% 11 Ye 11% 11% 11 Ye 11% llYa 11 Ye 14,100 38% 38'A 38 Ya 3 8 Ye 38% *37 Ya 63% 38% 63 % *37 Ya 63% 63 Ye 63 Ye 63% 63% 63% 63% 2,500 5 13% 12 Ye 13 12 Ye 13% 13 Ye 14 13 Ye 14% 13,000 *80% 28% 81 *80 Va 81 *80% No par No par common 41 14% 14% *39 137% 16% com—No par 100 100 preferred *31 38 preferred cum preferred Pullman Inc 44% 32 17 Ye 100 25 preferred preferred $1.40 div preference Pure 44 137% 16% Co of Indiana—No par Public Serv Pub preferred Colo 30% 105 38% 10 1 No par . Co of Serv *28 Ya *103 37 % *16% 17% 11% *38 63% 13 1 No par preferred series A__50 Gamble 36% 30 Ya No par 10 - Publicker Industries Inc com 4.32% Jan Apr 148 class B Electric Power Co & 3%% 24 69% Jan 23 May 2 29 43% Jan 11 & Co Poor 2,300 36% 105 21% 11% 29% Plymouth Oil Co Pond Creek Pocahontas—- 36% 36 Ya *29 *103 600 3 4 Ye 5 5 Inc 1,500 21Y4 *146% 26 Plough 13% 34 Pittsburgh & West Virginia 100 Pittsburgh Young & Ash pfd—100 (The) 1 Pittston Co 5 Apr 110 guaranteed preferred 100 Pittsburgh Plate Glass Co 10 Pittsburgh Screw & Bolt No par Pittsburgh Steel Co com No par 5% preferred class A —100 5'/a% 1st series prior pfd 100 7% 83% Feb 26 Not 21 39 68% Jan 1 Pittsburgh Forgings Co 1 Pitts Ft Wayne & Chi Ry com__ 100 26 26 Va Apr 109 No par (conv) Consolidation Coal Co 77Va Mar 30 27% Aug 6 preferred $4.80 23 Va May 13 27% Nov 18 103% Nov 20 convertible preferred—No par $5 Pitts Pressed Steel Car Co Inc com 5 26% Dec & Chem Co com__No par 11% May 20 34% Dec 100 St L RR & C Pitts Coke 10 15% Jan 87 C Pitts Potomac 82% Jan 8 $4 19% Mar 23 23 2 Mills Inc common 25 preferred No par Pitney-Bowes Inc—— _—2 Piilsbury 17 Va May 14 23 2 72 11 7 9 80 % Apr 8 23% Jan Jan 25% May 17Ys Jan 22 Jan 24% Dee 21% Apr 146 19 Mar 20 6 Sep 29% Apr 70% Feb 75 24 31% Not 26 1 138% Jan 27 26 61V2 Apr 12% Apr 25 56% Oct 5 73% Feb 86% Jan 8 3 21% Jan 1 Apr 34% Jan 15 11 81 102% Jan 9% Feb 6 36% May 69% Dec 2 24 4 35% Dec 82% Jan 58% Mar 16 Apr 13 8 34% Jan 6 May 22 13% Jan 18 Feb 68 Jan 8 24% Jan 8% Apr 155% Mar 17 165 18 28 % Apr 19 May 13 26% May 20 55% Feb 7 31% Sep 62% May Apr 18% Dec 22 8% Oct 51 37% Mar 15 16 Dec Aug 27 34% July 9 12% Feb 14 48% Oct 24 15 5 59% Feb 4 14% Jan 29% Jan 97 21 28% Oct 106% May 22 5 Jan Feb 11% Jan 22% Mar 27 23 88 Jan 31 2 88% May 21 13 142 Jan 14 49 Va Apr 62 151 20% Apr Jan 26 106% Jan 28 14% Dec 24 129 37% Jan 101 17% Jan 1 68 May 18 Nov 95% Feb 6 Oct 46 Phillips Petroleum—-——No par 19 19% Dec 1 91 69% Mar 25 10y2 Jan Jan 102% Apr 16% Apr 29 118 55 Ye May 13 39 5 4 . 12 9% Dec 23 Jan 4% 64% Dec 30 48% Feb 20 98 1 3 Philip Morris & Co Ltd common—5 20 33% Jun common— preferred series A—_100 3%% 23 July 29 Jan . 100 100 100 Mar 13 Jan 13% Mar 15 94 Corp — Coal & Iron Phila & Reading 2 83% Jan Apr 12 No par preferred 111 26% Jan 16% Jan 12.50 _ common—No par Co 13 21% 29 Phelps-Dodge Corp 30% 13 12% 900 ; 3 4 Ye 1 100 (conv) 36% 105 4,300 37 Va 21% 18% 2nd preferred 4% *28% *103 72 16 34 5 (Chas) & Co Inc com Pfizer 36 Ya 30'A 72% 71% 16 21% *100 20% Brewing Co 37 105 *36 Ya 33% preferred _—_—100 Corp of American 5 4%% Petroleum *28% *103 16% 37% 71% 21 50 No par common 30% 106 16 Ya *36% h,V" 33% No par Co * 6 May 12 May 43 V4 Feb & Light 36 Ye 37 *29 100 Pennsylvania Salt Mfg Co Peoples Drug Stores Inc— Peoples Gas Light & Coke Jan 36% 7 Sand Corp com 5 19% Oct 4 Ye 71% 32% May 14 101 *4% 5 37 preferred Pet Milk Co 4Ya *4% , 37 52% Jan 27 •4% 5 16% 148% Mar 16 Jan 2,100 71Y4 9 15% May 21 400 7 Ya 71% 12 43 7 Ya 7Va 36% Jan 28 *7% 7% *16% Jan 15 7 Ye 7% 16% 30 39% Apr 7% 7% 36% 133 10% Jan 7 Ye 7% 72 15 2 7% 7% 36 % Corp 500 7 Ye 7% *4% 5 4,600 *7% 71% 12% 23 44% Jan 7% 16% 25 34% Apr 11% Dec 30 7% No par 67% Jan 8% Feb 20 *35 5 Penn Power 38% Not 18 29,000 36% Pennsylvania RR Apr 23 30 9 28Va 5 6 87/a 93 27% 35% Mar 18 Feb 9 Yi 9 , 36% 23% Jan 31 9 Ye *92 28 Ya 28 24 8 Ye 9 93 *92 27% 20 43 '/a Apr 93 36 Ye Apr 145 8Y4 *92 *8% 28% 19% Apr 8 93 *92 8% 2 7 Ye 32 14 75 Ya 76 Y4 *8% 29% 36% 11 29 *43 8% 27% 23 NOT 75 Ya j 36% Deo Oct 44 • 27% 33% Dec 29% Dec *8% *28% 5 48 *43 8 Y4 1 26% Feb *224 41 Ye 5 Ye 28 5% 42% 42% 10 3/a No par Coke Glass Penna 5,300 5% No par Co & 140 7 Ve 10% prior preferred (J C) 41% 7 Ya 5% 106 24 *8% 423i 133 Yi 10% 5 17% Feb 27 8% 41 4 PA 520 *133 5% 8% 11 33 40 Ye 6 Ye 7 115% 10Va 29% Jan 16 42% 7 27 115 Ye _1 108% Feb Mar 24 67/e 7 27 38,600 >" 100 Enterprises & 60 115% 4 Jan 60 Ye 26% 115 Ye Jan 25% Oct 28 105 60 Ye 26% 115% ,-—2.50 Penick & Ford Coal 60 26% 115% 1 Transportation conv 59% 26 Ya Peabody Coal Co common 9 15 4,600 27 593/4 59 No par Parker Rust Proof Co 72% Dec 23% Jan 60% 60 59% 115% Inc Parke Davis .& Co 20% Jan 29 14% Aug 9,400 26 Ya Pictures Corp Park 7 35% Not 17 19 38% 1153/a Tilford Distillers Corp 7 2 Dec 38 Ye 26% Corp 44% Jan 20 11 38 Ya 115% Transp 34% Jan Jan 38 Ye 9 16% Oct 63% Oct 30 38 % 8% 8% Jan 31% May 38 Ye 1 23 29 38% 92 De c 8 38 91% Mines 80 38% 100 7 Apr 7 6% Apr 7 4Ya May 11 15% Apr 7 60 38% 26% preferred 18% Jan 56% 1,400 77 6% Not 24 6% Apr 28 7 & 28% May 19 36 Va May 20 33% Jan 2 39% Jan 30 *55 28 77 & 56 Ye 28 10 Petrol Oil 160 56% 28 Va 45 Paramount 30% Mar 27 56% 68 Va 28 *43 Panhandle 56% 40 % *67 28 5 4% 57 200 39% 69 27Y8 Panhandle East Pipe L com__No par 98% Mar May 13 *67% 10% 41% 69 115% preferred Packard Motor Car 91 41% 687/a 86 *10% No par 2 13 *41% 42 Ya 100 Corp 50 Va May 100% Jun *84 10 28 41% 88% Mar 25 86 10% 28 Western Oil Corp common_4 75% Apr 24 10% 28 Pacific 1% *84 86 10% 27% 6"% 8 12 Y4 *85 100 Consolidated Pan Amer World Airways 2 Jan 4,800 12% 42 Yi preferred 26 •3 83% Dec 29 12% 42% 1 6% Jan 19 9 12 Ye 12% " 43% Tin 9% Jan 69% Jan Apr 12 12% 12% *42% Pacific 11% Feb 10 12% 12% No par 2 Mar 2,300 10 No par 16 83 2,800 79% 10 3/4 com 20 33% Jan 2 42% 78% 86 Corp Apr 41 Jan 42 Ye 79 Ya 25 8% Apr 12 43 Va 78% 10 5 16 42% 78% No par 9% Jan 30 Oct 82 Ya 43 •10% 47% Mar 31 20 4% Apr 9 6% *81 700 77% *85 28 8% Jan 700 42% 10% Mills 108% Apr 32 77% 86 Corp Electric *31% 42 Ye *10% common 2,200 31 Ye 77 *85 , 9 Ye 42 82% *81 82% Shares 9% 4 PA 42 Ye 5 Inc preferred noncum & *81 82% 93/i 76% 12% 100 *81 *9 Ye 43 No par Fisheries 3 Mar Pacific Amer 61 25% Jan preferred conv cum 5 82'% 43 76% 12.50 Glass leiboct 3* 13% Jan *81 5 Co Owens-Illinois Mar 12 81 Marine & 9% the Week Friday May 22 May :!l *9% 17 84 12 Sales for Thursday May 20 41% 47% Jan 1 42% May 19 75% Jan SALE PRICES Wednesday May 19 5 Otis 33% Feb 20 Tuesday No par common Elevator 45% Mar 25 9 Monday May 18 - EXCHANGE Highest Continued—Page 9 LOW AND HIGH No par 100 No par Quaker Oats Co (The) com— 9 6% preferred 100 Quaker State Oil Refining Corp—10 *32 28% 32% *78% 79% *23 26% 26% *94 *102 % 23% 26% 26 Ye 94 %, 104 16% *16 16 Ye 38% 400 200 81 80 Ya 80% 80 Yi 80 Va 70 28 % 28 28 Ya 28% 29 28 Ya 28% 2,300 32% 32 Ya 31 Ye 32 Va 31% 31% 31% 3 PA 3,100 78% 78 Ya *77% 78 % *77% 78% 77% 77% 23 Yi *23% 23% 2 3 Ye 23 Va 28 Va *23 26'A 41 40% 54 41 107 *105% 36 35% 54 300 26% 12,500 26% 4,800 26 Ya 26 Ye 26% 26% 26% 26% 26% 26% 94% 94 Ya 94% 95 95 ♦103 104 *94 94 Ya ♦102 Ya 104 41 41Y4 54% 54 Ya 104 41% 55 *102% 41 Ya 54 Ye •106% 107 % *106 Yi 35 Ya 107 35% 35% 35 % 26% 27 26 Ya 26% 26 Ye >1353A 137 *135% 137% *135% 24 24 50 23% 26% 26 Ya *102'A *23 26% 26 Ya 26% *94 *105% *35% 54% *16 26 Ya 137 24 27 104 41% 5 5 Ye 41 Ye 54 Ya 70 41% 4,800 55 7,300 Va *106% 107 Ya 35% 35% 35% 600 27 Ya 3,900 107 21 Va 26% 133 136 136 40 23% 24 24 24 1,300 "136 24 24 24 25 Ya 25 Ye 25% 25 Ya 25% 2G 25 Ya 26 25 Ye 253A 70 Yi 70 Ya 70% 70% 70% 70% 70% 70 Ya 70 70%, 3% 3% 3% 3% 3% 3% 4 Ye 4% 4 Ye 4% 4 Ya 4% R Jan May 14 3% May 3% Jan 6 3% Jun 18 88% Jan 2 87% July 18 86 Feb 26 48% Mar 6 48 41% Feb 9 4% Jan 11 Aug 29 2 79 4% Apr 1 92% May 14 47% Mar 25 America com__No par $3.50 1st preferred No par RKO Pictures Corp 1 Radio Corp of RKO Theatres Corp Ralston Purina Co 1 3%% Raybestos-Manhattan pfd—100 No par 3 Ye 3% 3 Ye 3 Ya 4% 4% 4% 4% •91 42 Ya 93 42 Ya ♦91 42% 93 42% ■ * *91 42%. 93 42 Ya *90 42% 92 42% *90 42 Ya 29,400 1,400 17,400 5,000 92 42% 700 21 22 The Commercial and Financial Chronicle (2266) VORK STOCK RECORD NEW Dec 37 24% May 1 33% Dec 24 4 30 22 15 36% Sep 12% Dec 25 y* Feb 4 34 y4 Dec Feb 20 4l'/2 Dec 15 35 y4 Dec 11% Feb 11 13 y4 Jan IS 8 ,18% Jan 4 13% Oct 30 5y« Dec 10 17% Jun 15 Feb 6 11 6 Mar 4% Real Silk 22% Mar 23 Reed 15% Jan Reis Jan 25 17% Oct 19 3 19 14% Jan 19 Reliance Mfg Co common 26 54% Apr 29 60% Jan 19 16% May 19 19% Feb 2 97 Jan 2 20 19 11 19% Jan 12 27 3% Jan 28 5 11% Mar 31 44% Feb 9 52% Mar 17 115 Jan 3 13 115% Mar 17 35 Dec 12 31% Apr 7 6% Jan 2 5% Feb 13 112 Oct 23 30 48 Oct 31 Feb 1 175 6% Oct 21 10% Jan 2 7 2 '43 y4 Dec 22 Jan 32 y. Jan 40% Jan 67% Jan 242 Oct 47 5 3 ' 8 47% May 6 53% Jan Apr 16 58 27 90% Jan 84% May 21 25 102 5 2 23 4 27% Mar - Nov 25 37 155 Jan 22 115 3 103 Apr 23 Apr 24 94% May 22 18% Feb 15 '8% May 22 24% Jan 3 18 Apr 28 65 y4 July 15 <17% July 18 57 29 9 May 13 Feb 9 14% Jan 8 32% Jan 35% Nov 26 23 21 84 107% Nov 26 103 > 99% Feb 99% Sep 10 .35y4 Oct 23 54 24% Apr 16 28% July 31 6 30 Dec 3 275 Dec 5 -24% Feb 150 Oct 7 175 series 17- *161% 17 19% 19% 19% 19% 19% 191/2 19% 1,500 14 14% 141/4 141/4 141/4 141/4 *141/4 14% 1,300 28% 29 3 8 29% 29 3/4 400 *11 liy4 *11 »/a 11% 11% 11% 200 *58 59 58 58 V8 *58 % 59 % 59% 59 % 110 16% 90 % 16% 16% 17 16% 17 16% 7 16% *6i/s 7 28% 29 21/ 33% Jan 77% Feb 4 '/4 11'% 11% 11% 11% 11% 11 y2 800 50% 50% 50% 50% 50% 36,700 *113% 114y4 114% 114% *113% 113% 113% 200 36% 37% 38% 373/4 38% 13,200 6'/8 6% 6% ■6% 6% 9,900 46% 35% 4% 36 6% 6% .■ 53 54 *185 195 - 7% 53% 467 155 Feb Jan 7 6 19 92 31 13 Nov 17 18y4Jan 2 23 y4 Oct 29 33 y4 Jan 2 ; 6 30 13 Apr 24 24% Apr 27 28 Jan 1st pfd 4.40% Arms 46% 46'/8 *83 85% 102 102% 27 27% :''l' ' "700 46% t' . 84% 84%, 84% '102 .102 ' ' 102 27%, 62 *56 27% • ,7 200 843/4 29 y« Oct 30 Feb 13 <•85 103 Oct 35yo Jan 4 67 y2 Jan 117% Dec 1,500 58% *24% ,•■ ' 58% • 25 *24% 59% 25 . . " ' l 58% *24% 2,700 59% 25 • 1 ■ ' *6% 6% 6% 6% 20 63/4 •- 6% 38% 6% 900 6% 36 36 20% 20% 38 .38% 87/a 38i/8 96 '8% 8% 18 % 18% 18'/a -18% 59% 59»/2' *59 15% 151/4 15% 15% 35% 35% 35% 35% 353/4 84% 84% 841% 84 94% 9 8% 36 84 841/4 ,106% —10 31% X36 '/2 371/4 36% 27 3/4 27 y2 *136 5 107%: 107% 32 733/4; 31% 153/4 v ,1 - 300 200 295 292 •:■. 22% 22% 94 23% 23% 13% 13i/« 13 24% 24% '24% 245/a 13% 13% 13% 13% 13 3/B 22% 22%, 94 270 ■' *107«/4 3,400 1071/2 36% 363/4 28% 31% 33 309 Co Corp 5 j—* Schenley Industries Inc—— Schering Corp 3 24 Va Dec 15 103% Apr 1.40 23% „13%,. *23 13% 24% ^ 24% % —15c — <12% Feb 13 16% Sep 50 y2 Feb 29 62% Dec . 12 86% Feb 2 Feb 110 $4 preferred 13% . 13% 3 4.30% 17% Jan 29 104% Jan 13 79% Jan 29 3.35% 28 : Scranton Elec Co *86 - No par —.100 (The) 100 29% 'it r: 2,600 - ,■• / 40 *93 22% 22% 95 *93 •1 22% 15,400 95 '* lfc« •' 110 23% 23% 233/8 1 900 13%; l3ya 13% 13% 1,800 24% 25% 25 26% 21,300 13% 13% 13% 5,400 23% 23%" * 13 . 'S ■ r, 1 *102% —100 *73%„ 27 preferred Seabd Air Line RR Co com__No par 7% Feb -13% Dec 25 29 t* 17 16% *95% 99 *733/4 75: 5 i_„No par 58% 59 1 17 607/a Feb Sears & Co i. 116* . ■„ 15% a *15 21 Dec 5 16 '42% Jan 30 *8 % Feb 28 10% Sep "8 9% Jan 9 !23% July 31 29% Jan 65% Feb : 13% July 10% Jan „ 28 58% 2 38% Oct Sep 32% Mar 10% 14% Feb Servel Inc common— _1 10% 11% 10% 80 Apr 14 42% May 20 43% Mar 16 20 62% Apr 24 73 % Mar 16 17 17% 23 Dec 13% May 22 2 30% Jan 7 July Jan ,18 48 1 July 16 40 102 % Jan ,-26 3 Feb 38 % July 24 % Jan ' ,2 "37% Apr 24 71% Apr 24 ..'30 ' Apr 24 17% Mar 12 13% Feb 6 66 y2 Mar 22 50 26% Feb Jan 16% Mar 34 Jan 20 Sheraton May 21 15 17 21% Jan *14 2 143 15 24 5 9% 9% - 25 25% - 66% 67% 67 16% 17 163/4 14% T4 32% 19 10 11% Jan 2 15 23 50 May 22 53 Dec May t Jan 14 42% Jan 16 69 3 V'2 % I .'38 a 74 ... 10 46 May 1 37% Mar 31 ; 7 % Feb , - 1 . } ■37% ■74% .'Solar Co__: South-Carolina Mar 26 May 1 1 E & G 13 8% preferred California Co 21% Apr 22 26 Dec 16 24 South 10 30 Dec 23 24% May 19 25% May 22 27 Va Feb 28 33% Feb 10 Southern >a May 20 _25 Indiana Gas Natural 13% 79 42% 41% 42 43% 4^ 42%" 10 10 10 & 51% 47 Cb__17.50 ■ • 47% 37% -- • *77% 79 v2 9% ♦25% 26% 68% 693/4 68% 69% 17 •' 16% 16% 3,100 133/4 14% 4,000 32% 323/g 1,400 42% Feb 9 49% Mar 18 South'n 48% Feb 20 83% Dec 23 76% Jan 16 47% May 20 99% May 20 49 % May 20 Southern Railway common—No par Common "when issued" Jan 3 80 26 75 % Apr 80 % Mar 25 5% noncum 5 '/t • 26 *24% 14% 14 y4 32 31% 26 *4034 37%; ■ .74% 14 Va 32 ,*40% i May 21 40 Mar 30 77% Jan 9 15 4 Jan 18 76 Dec 29 73 11% Oct 23 16 Jan 17 12% Jan 6% Jan 29 5% Jan 9% Jan 17 4 28 103% July 6% Feb 6 i 2 9 May 21 Feb *40% 42% 38% 39i/8 '38% 38% 743/4 74% 761/a- ""'i 8O1/4 , 52 *50% 52 50 *621/8 64% 3,800 30% 1,800 14% 14% 6,800 50 50% 643/4 17,100 . 30% 30% 14% ; Apr 16 44 Feb 18 57% Jan 2 52% Jan 19 56% May 14 59% May 14 May 16 98% Feb 2 100 % Mar 16 7 31% May 1 7% Nov 16 45 % Dec 63% Nov 18 73 Jun 13 25 y4 Feb 26 34% Dec 14% May 5 40% Jan 12 8 12 10% Jan '22% Jan 2 28% Dec 80% Jan 2 3 7% May 12 65% Jan 7 105 • Apr 19% Jan 16 : 20 i/s ,341/8 "173/8 6% 50 17% 130 6% , 13% 13% 92% Apr 3 2 18% Oct 28 80% May 5 14% Apr 20 91 12% Jan 10% Jan 3 18% Nov 26 17% Jan 20 % Mar 18 For footnotes see page 24. Feb 11 17% Jan 6 Chemical 4.50% ^ 29% Mar 18 34 --.I?3/, *124 6v2 133/4 130 205/8 20% • 300 34% 34 3/4 34% 34% 20,700 18% *123 6% 13% 40 62% 20% 20% 343/8 18% 61% *20% 133/4 18% 185/a 130 6% -37% 47 47 46% 47 Va 46% 38 *371% 38 y2 *37% *37% cum *123 19 4,900 130 63/s 13% 6% 2,800 13% 6% : 13% 11,200 50 50 Conv Square D Standard pfd Co Brands & Elec 1,500 100 ■ 36 35% 36% 36 36% 143/4 14% 143/4 15 14% 15 25 24% 25 24% 2434 243/8 24% 24% 243/4 26'/8 26y4 26% 26% 26% 26% 25% 26% 25 3a 25% 11,400 i? a :y 3®2 % 258.30,0 47% 46% 47% 46% 47 36,600 963% 98% 29,000 45% -' 46y4 45% 46% 91 92V2 92% 94% 78 78 __ 78 46% 175% 94% 99% 97i/8 99% 49% 49 49 5/a 48% 491/4 10,100 78% 79 79 y2 *78% 79% 1,700 39% 40 40 *391/4 40 73 73 *73 74 14% <• 6% 73 *14 63/4 1 *6% 7 *63/4 7 *103% 106 *102% 106 55 y4 56 54% 55 5734 *57% 99% *98% 50 58% 58% 573/4 *98V2 99% *98% _1 15 va ,15V8 45 ,45% 77/8 1,800 78 *38% *74 6,200 29,700 471/4 — 77 V4 100 15 44% 7 *1021/4 54 73 74 74 200 350 14% 14% 14% *14% 14% 1,600 6% 6% 6% 6% 6% 1,400 7 6% 106 *102% 54 535/8 54% 581% *57% 99% *98% 6% 106 *6% 7 *103% 200 106 54% 54% 58% *57% 58% 99% *981/2 2,606 99% 15i/8 15 15 ya 15 15 15 45% 45% 46% 45% 46% 46% 8 500 15 4.066 463/4 9,600 6,300 7% 7% 7% 7% 7% 66 65% 65% 65% 65% 65% 65% 66 66 26% 27 26% 26% 26'% 27 27 271/3 26% 26% 5,900 No par 28% 28 y2 28% 28% 28% 28% 28% 28% 285/s 28% 8,000 No par 82 15% 82% *82 '/a 83y2 82'A 82% 130 1 16 15% 15% 15% 16 3 a 16 16% 153/4 16% 4,700 No par 19y8 19% 18% 191/4 18% 19% 19 19 y8 19 19 7,000 par 7% *65% —5 2 (stamped)_No — Inc com $3.50 preferred Gas 38% 35% 6 Standard Coil Products Co Inc Stand 46% 14% 63/4 1 600 46% / *37i/2 •35% 6% common $4.50 38 I43/4 ^6% preferred 46% _ 353/4 *13% — 50% 14% 14V2 common 50% 36 14'/2 preferred Spiegel Inc *50 No par Co *50 •51 _No par preferred 4.60% 9% Mar 19 6 *20'/4 490 64% *62% 51 1 Spencer Kellogg & Sons Sperry Corp (The) 49 % Mar 20 31% Jan 14 $5.50 Spencer 5 67% Mar 23 25% Apr 23 27% Jan 12 11 & Bros Inc- Spear & Co common 105 26% Jan (A G) 7% Mar 25 9 103 100 Sparks Withington Co 19 - 25 ■ No par preferred 7% Mar 17 Dec 49 (Del) pfd "when issued"Mobile & Ohio stk tr ctfs 100 Spalding Co . ■ ( 42 38% 42: 14% non-cum 40 ' 16,900 17 I 300 691/4 16% . — 47% Dec 23 7 V v 1,800 9% 14% r— 16 Nov is 7,300 35% Elec__No par Gas Co h 23,600 42% 1 20 42 *77% 30% *122 -13% *50% - _5 Rights Pacific } 600 42% 43: 143/4 *50% 6% Edison—25 (The)i— 38% Oct 9 15,500 * 17% 129 6% 50 —' : Southern May 22 17% *122 South Porto Rico Sugar com_No par , Southern a" com_4.50 i. 2 , Co preferred ; 8,000 ' 5% ; 5 Jan Aircraft 15 .South ' 24 53 52 .Solvay American Corp 4.% pfd—100 Amer Gold & Platinum _1 27 t 2,200 11% 301/2 33% 39% Mar 16 23 11% 10% 14% 20% 16% Feb Feb 23% 11% 30 34% May 12 17 y« July 18 23 11% 14 34 14 % 52 24 30 Socony Vacuum Oil Co Inc 34% Apr 99% Jan - 133/4 5 19 16 % 30 , 14% 20% 20 Feb -21 11 11 79 4 31% ;38% a74% *62% 16% Nov Oct 59% 68% •14 31% 75 y4 64% 38% Nov 6 * 14 38% 20% 2 38 y4 Apr 59 16% *24% . 142 *62% 14 100 *23 11% 9% 17% *403/4 .30 ...30% -14% • —100 preferred Apr Aug 59% , * 11 41 26 x31% _100 53% Feb 40 Inc common—20 12% Jan 5 15% ' 25 Corp preferred 4.20% 21% Mar 20 5% Jan 12% Dec 16 66 *15 11 3/s 58% -.-/■ 200 15% *15 23% ■42% ^69 Smith & Corona Typewriters_No par 140% Mar 13 5 12 52 9 17 65 .; 116 ' '*41 % '. 42% ' Corp——1„_No par - it- 900 59 ya ho *24% ;14% 32% No' par Co— O) 5,300 77% ""771/2 1 9% I 23% ,'77% 781/a No par —1 —1 7,600 233/B 773>i >10% 42% No par 117% 23% 15% '411/2 *421/4 Co I 117% 10% 78 79 6 4 Sep 6% Dec 7 4 25 7 Apr 130 37% Jan '■ 230 , ' •403/4 - 1 (Alexander) 58% Mar : < ,/V- 73 77% 103/4 42% Steel— (A 25 Nov 73 10,100 • 99 233/4 i 40% Co Saw; & Smith 40% Jan 34 17 •116% 23 V 42% Corp of America—: Simmons 17% Feb 27 32 y4 Oct ' 100 103'% *96 J- 76 y4 ' 11 15 Pen Oil 21% Mar 6 10 23% *15'/a 231/4 223/4 39% Corp— Mfg Corp Smith 70 % Feb May 5 20 A) (W 1 : Oil Skelly 19% Apr 32% Apr 38 Sheller .Sinclair»Oil 61% May 22 50 V2 Dec Shell 6 3 8% Jan -Sheaf fer 2 6 8 7 i 1,200 23% 58% 1—No par (Frank G)___i 43% Mar 20 80 y2 Apr 45 y2 Jan Shattuck 37 Jan 16% 30% ' *78% No par — Gas & 85% Jan 22% Apr "7 Oil Simonds 19% Aug 27 4% Feb $4.50 preferred Shamrock Sharon Steel Corp_ 43y4 Mar 20 *63% Nov 20 16% May 6 102% i : 124% May „. 11% Mar 25 24% Jan 40- -76% •: 59 "10% 15 32 15 Nov 24 ' 10% 23 ' 49 . 6 53 *23% 1 29 10 11% Oct 5 Seiberling Rubber Co Mar 15 2 18 36% Apr 24 38% Mar 31 Seeger Refrigerator-Co— 12% Mar 12 17% Dec <87 27 May 27 *38% Nov 77 43 \ 8,200 .•".■■40 v 85% 103% 103% 733/4 73 115%; 117%: • 15% : 26% Mar 27 26 • 75% 1 Co Corp Roebuck > 233/4 Seagrave 3 '75 116% 17% Mar 24 Finance 75 75 23% 25 20 103 % ■• 30% *84 17 99 103% • »- 103% >.75% 115 23% No par Oct 33 *100 30% 85% *95% '-.115% Seaboard Seaboard Oil Co of Del-! 31% Feb 102% 30% .*84 t16 3/4 99 76% Mar 11 Mar 13 •76%' Jan 82% Nov 26 Mar 13 68 30 V8 84 "16% 23% 25 84 22%' Apr 23 •10% May 13 ■10% May 19 88 103% 76% 15% 9 56% Apr 31 60% *87 ■ ' '' 117% May 21 13% Feb 29 » 101% •; X59% 87 *100 16% *95% i 23% Dec 14 % Jan 15 9% Oct 30 84 60% 87 88 *100 85% v 58% 58% *87 *1021/4 104 .16% 16% *95% '■„ .99 5 57% r ■ 30 293/4 *84 85% —1100 1 57% 100 •■ 18% Jan U ;: • .. 87 /100; 30 *84 i.—100 com__ preferred 57% 87 87 100 25 i, preferred-' conv. 4.40% 30 No par j Scovill Mfg Co common 3.65% preferred 6 57% ">57% No par : _* preferred 75% May 19 2 10 , 31% Jan Paper Co common $3.40 25 8 >' May 72% Apr 106% Apr 22% Feb 3 i 7 24 Scott 6 Feb 97 1 12 Oct Apr 60% May 22 91% Jan 105 i 31,300 73 *285 '••r- 1,400 32% 73 302 f ' ,"t • 9,700 V </ *136 94 - 11,900 28% *136 *136 36 84 3/4 75 73 74% *290 22% 95 1,500 18% 60% 35% 28 94 22% 23 28 32 3/, 733/4 . 295 *136 *94 10 ■■■;. 32 38 32 73% ; 22%; 100 4 *285 /»■-.■; :> 110 3,500 841/4 36 84% 1,107% 1071/2 37 y» 363/4 27% 295 ■>:/■' /> 300 9 18% *83% 37% 273/4 32% '73% 73% *285 , ,106% 107 2,200 " : %5% 15% 100 ■ 27% . f" ■ • 1 2,800 94% *50 y4 • . "■" 20% 127 127 18% 60 *15% 35% 38% 27% 18% 59% ' 60%/>.; 107% 38 - 1,800 38% 96 .18% 18% - 38 38% 125; *93 1 60 15% —100 36 20% 124 124 *93 18% .. *35% ■' 18 * 36% *59 *15% 5 17% 20% *122% 96 8% 17% 118 1 20% '38% 125 *93 18 *35% ! -20 *122% 8% 17% 36 *35% . 95 '8% 18 .18 125 95 10 6 15% Jan 23 19% Jan 75 < 103% May 20 9 May 21 May 86 _ 15 83 3 16 y4 Oct 107 10 May 11 .29% Apr 29 116 V4 Jan 30 .8 75% Jan 30 "89% Apr 2 102 y4 Jan Jan 85% Apr 100 30 . „ 20 .14% Jan Dec Apr 21 105% Jun 23 54 ' 10 59 94 49% May 1 87% Oct 30 < -H 320 27% *27 1021/2 , 102 v* Oct ! 10,100 • 58 25 62 *56 1 Mar 23 17„ 46'% 62 *56 57'% 57% 8 ' Sangamo Electric Savage 5,000 194 8 ' 26% *24% , 38% 38 5 common 53% *189 8 46 % No par series A 53 54% 198 8 7% 46% 8 1021/4 " - 26% 20% *122% 1 —— St Regis Paper Co 7 102 '36 20 . 27.. Jan 13 15% Mar 6 .13% May 19 *35% 100 conv preferredJoseph Lead Co 115 1 .'85% *83 „ 18 1 St Louis Southwestern Ry Co—100 5% noncum preferred——100 23% Mar 25 95% Apr Jan 22% Apr 17% „ 6 54% 4 ' Joseph Light & Power Co_No par St L San F Ry Co common—No par Preferred series A 5% 100 2 25 6% 6'% 4% *190 198 7% '62 *56 '57% ,'57% *24% 6% par —_20 j, — 85% 37 , 54% ; *194 7% 46% 62 *83 4% 4% " 47 *56 " Corp.—No common 100 7,400 49% St 30 6 Dec El 4%% St 5. 29% Mar 20 Feb May 29 & Co preferred 8,030 89% 11% 50 preferred series A 4% 17 27,600 *89 49% 26% Safeway Stores common-: 92% Mar 10 7 4% 26% — Royal Typewriter Ruberoid Co (The)-——. Ruppert (Jacob) .36% Apr *6% *29 49% 103% _ Controls 30 61% Apr 7 17% Mar 23 155 24 Gas 7 *11% No par T 22% Jan ; 5. 97 Corp HaaS *61/4 4% 1 preferred series A <fc 4% 100 19% 11 -*102% Ronson Art Metal Works Inc Jan 4 9 *163/8 28% 100 13' 312 • Oil Rochester Rohm * 29 18 11 Mar 17 *6% _100 series— Robertshaw-Fulton 18 4 4.50% Manufacturing Co 4;50'/e V • 3 Feb 17% Jun 16% Jan *88 *16% 4% 10 10% Jan 43% Jan 1 24 Dec 8 Jan 26 Feb 69 % Apr 23 75 17 27 Feb 132% Feb 100 Apr 24 ; 27%'Apr •31% Dec 312 22% Apr *60% Feb 40% Feb , 108 % Apr 26% May * 205 May 18 32 6 Feb 3 21% Mar Preferred Rheem 44 % Mar 10 1 - 8% Mar 13 24 Nov Oct 4 5 18"% Apr May 29% Feb 17 11 10 — Preferred 3.60% 5' 35% Apr 24 110 84 100 *16% 28% 4 -2.50 Tob class B (RJ) Common 29% Mar 18 2 23 Jan 107 May 14 *99 ' 34 11% 11 % 43% ;49% *113% 115% 36% 36% 6Va 6% 53% 54 *188 198 7% 7% 10 Richfield 2' *33% - 7 Ritter Company No par Roan Antelope Copper Mines——— Robbing Mills *'Iftc common 20 17 100 34 37 11% 59 50c No par 9 2g 38 ♦33% 16,100 5 Jan *36 34 23% Jan 19% Oct 37 *33% 23% 26% Jan 10% Apr 37 34 24 65 ■54 *36 % *33% 23 % 24 29 2,400 *36% *' 37 '/a 2,500 233B 29 23 "9% Dec 303/4 22% 6% Apr 17% Apr <40 *30 Va 22% 64% Apr 19% Dec 30% 22% 24 % Apr *48% Jan 30% 22% 9 10 17 3038 22% 27 16% May 2 33% Jan 16 29% 23 53% Feb 35% Dec 29% 22% 25% Jan 29% Jan 29% 10.900 *87 J/2 12 16 18,100 23 Jan 18% Dec 13% 89 33 7% Sep 13% 22% 14 sy2 May 13 13% 89 Nov ' 13 % 23% 30 74% July 13% 90% Dec 27 % Dec 13 22% 107 • 13 Vo 23 «/4 3 5 13 90 y4 2 23% Mar 33 23 Jan 24 27% 32% . *89 101 va Jan 85 27% 32% ■ 1 Drug Inc- Reynolds 28 32 ya ' 23% Reynolds Metals Co com No par 5%%' convertible preferred—_ 100 Reynolds Spring Co——-—-1 97/s Mar 20 27% 32 % 23 conv Rexall 28 32% ' 28 92% Apr 16 Feb 198 2 40 % Jan Jan 56 Apr 24 'Apr 20 Jan 22 27% 32% 1 25c , Inc— prior pfd series A—100 Revere Copper & Brass No par 38% May 21 - 6% Apr 50c common preferred Motors 6% Shares 28% 16% *89 100 ' - the Week Friday F-ay 29% *6% -5 Republic Aviation Corp—■ Republic Pictures common $1 convertible preferred Republic Steel Corp com 4% May 18 10% Jan 31 '5y# Jan Sales for Thursday May ya *11 *58 _No par series-J—i pfd 3%% $4.50 Mar 18 10% Mar 29 Corp_ Remington-Rand Reo PRICES • May 20 *28% preference——10 prior Stores Conv 23% May 15 May 21 div $1.25 23 89 19% Apr 47% Dec 16 48' Jan 16 24 July 29 172 ? Nov • 24 5 2 22 % Nov 6 28% Jun 10% Jan 98 y» Dec 16 108% Jun 3 24% 10 3% Nov 9% Jun 37% Oct Reliable 21% Jan 16 13% Jan 7% Mar 20 31% Feb 26 5% Feb Wednesday & Co— (Robt) 26 28% May 12 58 23 18 y. Jan 50c 10% July 7 90% Feb No par Inc 30'/a July 24 8% Oct 28 52% Sep Co Bit Bros -5 SALE 32% 33% 16% 19% 14% preferred—^-50 Hosiery Mills Roller Reeves 16 2nd noncum 18% Mar 19 13% May 18 7 5 36 HIGH 27% 28% 33 13% 29% 38% 33% 16% 19% 13% ——25 Raytheon Mfg Co —5 Reading Co common 50 4% noncum 1st preferred——50 8 41% Feb 23 18% F«b 33% Jan May 10 27% 33 13 29% *36 1 preferred ($2 AND Tuesday May 18 Par ' Rayonler Inc common—' 14% Mar 18 6 12% Jan 26 7% Jan 5 34% Jan 33% Apr 1 July 22 35% Jan 28% Apr 23 36 % May 12 9 30% Jan 36 23 12 Monday STOCK YORK EXCHANGE 32% May 19 27% Apr 19 9% Sep NEW Range Since Jan. 1 Highest Lou est Highest Lowest Monday, May 25, 1953 «• LOW STOCKS Range for Previous Year 1952 ... com *82 83 *82 83 8 8ya 100 i Volume 177 Number 5223 .. ,The Commercial and Financial Chronicle (2267) NEW YORK STOCK RECORD Range for Previous Year STOCKS Range Since Jan. 1 I Lowest l Highest 64% July 23 om est NEW YORK STOCK EXCHANGE Highest 5 Standard 92 Mar 15 50% Apr 27 69% May 18 59% Jan 703/4 Oct ,16 81% Jan 2 Standard Oil of 72 85• Jan 68 78% Jan 5 Standard 3 50 % Jan Oct 16 25 Apr 24 28 38% Jan May 11 May 19 100% Jan 35% Oct 23 ,47% Jan 22 34'/4 Apr Jan 10 94 11% Oct 30 100% Sep 15% Jan 22% Feb 27 27% Nov 10 24% Jan 0 27 Mar.25r 6 ,61% Nov 12 58% Jan 14 65 Mar 26* 94 53' Jun; 18 12 5 9% Mar 36% May 2 13% Mar 24 32 % Oct 45 Dec 28 3 15% Jan 32% Apr 23 98 f Apr 1 •17% Sep 2 16% Jun 10 13% Oct 23 16% Nov 21: Feb 8 30% Aug 6 31% Feb 5 18 79% Jan ;._5 Apr 17% Apr - 2; io y8 Jan 24 30% Oet 30 32% May, 2 8i y2 Jan. 14' 4 8% May 19 May 12 18% Apr 7 25 •Jan 14 105% Jan 13 2 13 * Dec 33% Apr 4 21 40 •86 6 '/a Jan 15% Nov 28 9% Dec 7 2 Jan Jan 20 15 29 52% Apr 128 Oct 86 Jan 8 Dec 24 46% Nov 10% Nov 17 18% Jan 16 22% 2,000 15% 15% 14% 1,100 1,700 *16%. 17 17 17 Corp, t-il——_No CUetjiical.Cor|> 1 9% No par *98.% No par common 2nd ;pfd conv 18% Feb 15% Feb 7 43% Feb 14 5 * Texas 10% Oct 10 Jan 138 Mar 17 y2 Jan 14y2 Mar 10 5 42 ,Jan 9% Apr 7% Apr Feb 15 40% Feb 18 1% Jan 15 14 27 44 16 Jan • Feb 15% Feb 8 59% Dec 16 12% Apr 28 1" 51% Apr 98% July 89 The f July 28 31 July 28 24% July 7 22 18% Apr 15 39% Oct 23 •23% Dec - 3 May 2% Jan 24 5 7 26% May 13 21% Apr 28 22 i Mar 31 3'/a Jan 70% *69% 70 2,000 8% 5,000 8% 9 *525 540 19 % 19% 27 % 27% 106% 106% 10c —25 *16% • Jan 2 41% Apr 24 15 12 Vb Jan 12 13 % Mar 25 27% Mar 12 25% Jan 22 4 132% 132% Inc common- 50c v No par No par No par *10y8 ' 1 convertible preferred——50 Timken 7% common 40% "2Vb *11% 54 90y4 2% *26% Bearing- Roller (The)— 23% 23% 44 12Va 5 1—: Axle Edison .Co Toledo No par 5 26% 17% 2 29% Mar 19 Transatnerica ,Corp 3 17% May 13 20 % Feb 7 21 25 Trans World Airlines Inc5 Transue & Williams Steel—No par 13% Jan Jan 105 8* 10 May 17% Dec 9 112% Dec 15 Apr 24 15 Apr 24 109% May 12 Feb 17% Jan 25* 2 Tri-Continental 27 $6 112 y4 Feb 16. 20% Jan 30 3 21 y4 Feb 15 16% Jan 2 40% May 19 44% Feb 15 44 6 47 y4 Ff!b 25 16% Aug 25 21% Dec 4 19% May 15 24% Jan 47% Aug 25 10% Oct 27 60% Dec 10 56 69 y4 Jan 14% Dec 16 13% Jan 8% July 15 12% Dec Jan May 22 2 \ *22% 30 (conv) 20th Century Fox Film new *18 11% Jan 11 36% Jan 7 7 7% Apr 23 42% Apr 29 9% Mar 20 Oct 16: 15% Feb 2 12% Apr 14 14% Feb 2 473/4 Oct 30 56% Feb 4 45% Apr 27 55% Jan 15 ll3/e Jun 3 14%,Aug '6 12 13% Jan 8 49% Mar 20 -1 —50 1 Union 72% Feb Union Carbide 31 38 Twin Co Coach • *45% 20 *56 15% *13 *39 *7% 50 Twin City Rap Transit com—No par 5% conv prior preferred-.——50 29 9 Dec 12% Jan Jan 51 95 37% 8% 8% 550 * 19% 27% 27 y4 106 »/2 *525 20 106% 16% 38 38% 106%* 16% »■ 37% 36% 36% 36% 19% 700 27% *27% 27% 2,100 106% 106% 106% 16% *16 38% 100 545 19% *16% 38% 37% 16% 38 y4 36% 85% 85% 86 86 106 % 106% 106 y4 106 106 *6% 6% 6% 6% *14% *10% 44% 14% 10% 45 53% * 851/2 106% 6% 70 700 5,200 7,500 36% .36% *84% • 44% 14% 14% 14% 10% 10% 43% 6% 10% 43% 130 900 3,600 6% *14% 300 15 *10% 10% ,100 *43% 54% 44% 4,000 54% 13,500 27,400 53% 54% 54% 54% 51% 95y4 51 51% 95% 51% x94 52% 94y4 51% 95Vi 94 54y4 94% 37% 37% 38 37% 38% 37% 38% 129 133% 133% 39V8 .-1 10y8 8 10% '. 8 130 134 *123 125 42% 42% 10% 10% 16% 16y2 14 14y8 ^ 2% 12 54 y2 90y4 2% 27'/2 * . 39y8 135 134 125 130 42% 42% 10% 10% 16y8 16V2 14Ve ' H'/s *39 39'/4 " ••■•. t loya 8 . *9% 8 • 10y2 8 41% *40% 41 y2 2% 12 54% 2% *11% 54% *90J/4 *2% 27 2% 12 2y8 27'/2 23% *11% 54% 90y4 2% *26'/4 . 2,300 9,500 237/8 23Vo 24 23% 44'/4 12 Va 44y4 12'/4 ,41 *2% 23% 24 44% / 12!/4 23/4 900 *26% 273/4 27% 27% 300 237/8 23% 24% 24% 24% 24% 24% 9,300 43% 44% 43% 44% 2,500 12% 12% 12% 12% 3,700 27% 28 277/a 28% 22,900 183/4 10,100 27% 18% 19 y4 45'/2 20 57% 16 19% 19% 19% 20y8 8,500 24% 23% 23 17% *22% 15%,1 16 109% 110 15% 1093/4 110% 23 11,400 16% 630 2,600 19% 193/4 19% 19% *45% 46% 453/4 100 20 y8 20% *45% *19% 20% 1,300 , 100 8 *55% 57% 56 15% 16% 15% 16% 15,600 I3y$ 40 15% 13 40 8 17% ~ 567/8 16 *56 40 *7% 17% *22% 23 16 15% 110 110% 57y2 16 13 *39% 40 90% 18% 45 y2 8 1,900 54% 2% 18 y2 47 13% 54 * *90% *18 * 45!/2 40 50 100 2% 12 2% 27 18 *22% 18V2 23 15% 109% 110 15% 13 *2% *11% ! 100 1,900 8 41 92 18 y2 47 *56 8 2% 170 10% *403/4 12 800 1,400 39V2 *9% 10% 5,900 *90% 2% 92 27 ■ 17% 23 39V2 55 55 600 6,200 23% o24% 43% 44 12Va 12% 90'A 2% 27 26% 17y2 *22% 15% 27 Va ' 1,700 128 128 ,42% 43% 10% 11 *16y4 16% 14'/4 14'/4 41% *11% 55% - 8 8 *2y8 " 136 *126 130 42% 43% 10% 11' 16y2 16J/2 14'/4 14% 39'/4 39y4 *9% *40% 40%t 15% 15% 109% 110 1 No par Tung-Sol Electric Co common > Conv 5% series x>f 1952 19% Mar 25* 14% Apr common —— Preferred series A 7% Dec 22 29 15 > Truax-Traer C.oal Co common—1 30 15% Jan —_* Corp preferred 53% 127 42% 10% 16% 14y8 *39y8 39% No par - 28 ' 14% *10% 44% 8% *525 19% 27 35% 36% 85 y2 106% 106% 10% 8% 536 19% TriiRt 23% Jan 9 14% *10% 45 16% Oct 23 18 6% *14% 22% Nov x21% Jan 6% 8% 536 *84% 38 *123 42% 10% *16 14y8 Timken-Detroit ' 36*/« 85% 107 6% - 5 17 38% 35% - 1 >' *84 % 107 Thompson (J R)„— —15 Thompson Products Inc com 5 4% preferred — —100 Thompson-Starrett Co com No par $3.50 preference -j.No par Tide Water Associated Oil —10 27 % Mar 25. *69% 8% 8% *525 536 ' *19'% 19 % 26% 27% *105% 106% 16% 16% 38% 8 5 Fair $2.50 29% Mar 27 12% Dec 49 69% tThird Avenue Transit Corp_No par 28 25% Mar 46% Jan 4 70 1 Thermoid Co 61% Mar 26 97% Jan 2 * 69 $1.25 conv preferred— 2% Mar 25 9- 4 69 $2.40.conv preference 14% Mar 12 17 69% Thatcher Glass Mfg Co common—5 8 9Vs Jan 17 4 20 Mar 26 12 y2 Jan 17 1 3 1,400 69 % certificates- Textron 6 2 48 11 21% &q Pacific Ry Co— 12%. Mar 2,500 *21 50 Texas Utilities Co— 24 22 IO! Texas 9 24% 21% 100 share Sub 23 24% 24 y4 21 37% 47% Mar 19 15% Apr 37 12% Feb :22% Juri 25 Xl0% Jan 165 14% Jan 26 Nov 25 Oct 23 Apr 36,100 24% Oil- & 600 18% 20% 37% T.QMr] 75 113% 24% 10 Coal 75 *112 18% 20% 52 95y4 Porifir 75 y4 113% *24% 51% 95 Pacific 75% *112 20% 53% Texas 75 113%., 243/8 25 24 75 *112 2,300 1,300 20% — 42% Feb 99 *24% Gulf Producing 6 *98 y4 20% Co 10 Sulphur———No par — 10 99% 18% 9 Gulf *9% *98% 18% 45 54% Co 29% 9% 29% 9% 99 24'/a tl Texas 29% 9% 9% *98% 20'% Inc (James)-'. Texas 35% 29V2 28% 9% 99 *24V4 Tennessee 1 29% 35 18% — 5 14,300 26% 35% 25 — Telautograph Corp Corp 8,000 35 26% 18% $4.40" cum Talfcott 200 27 34% 17, 34% .18% EleC^Prod Inc cbm_—7.50 preferred No par pfd (conv)—No par Symington Gould Corp ——1 $4 1 27 /16,% 26% r 26% - 74% 74% *112 113% 74% 113% 17 18% "Sweets Co of America (The)—4.16% !Swift;& £o„_C—:i.-iLL—25 ' *98% *16% t 183/8 Paper'Co common—5 4;40% preferred Li—i —100 • 9% 9% 17. 18 y4 Sutherland \ 29% 99 *16% l950__20 Superior Steel; Corp J— 25 12% Jan <7 *112 • -12.50 ser Sunshipe Mining Co— 3 Apr 24 42% May 11 10% May 15 14 18 • 1 Superior;oii of California. . 74%- —100 Sunshine Biscuits Inc— 54% Apr 116 31 29% par $4.50-series "iA'^preferred 5%% 16 Jan 1 110% Jan 115 15% Nov Jun *22% .14% 2 195% Mar 28 12% Oct 2 22% 14% 24 135 35 y2 Dec 29 42% May 91% Jan 223/4 15% 36% Apr 2 % Nov 4,300 22% Jan 34 19 8% Jan 28% 14% 90y4 Apr 30 32% Jan 41 28% 15% TpYfl*; 16 Nov 28% 22% • 5' 58 27 31 Dec 116% July 14 46% Jan 12 140 89 28% 15%- : 5: VSJdvania 12 % Feb ' *87 ! 28% 14% 20 47% Mar 7 60% Jan 16 Apr 37 16 41 '89 28% 22% Co—i Suriray Oil Corp common-:— 4 % % preferred series.,At 15'/a Mar 25 5 8% Jan 14 16 *87 2834 15% Fuller ,<fe SunQil^o common-il—i Class A: 4% ft preferred May 22" 7'/4 Feb 2 46% Dec 23 Jan 111% Jan f 200 5,100 14% ' 103% Mar 31 89 *87 100 17 y8 34% 34%. 35% 15% • 39% Mar 18- 82 89% Aug 25 4% Mar 11 8 89 28% ' 34% 14%. 27 27 % May 20 *17 *17 ' 12,300 44 y2 14% Baer Sunbeam; 110% Mar 27 17% May 6 7 12% Jan 35% Jan - 17% 17%' 35 400 11% 11%' 22% Shut Mar 27 22%. Jan *43% *15% i 10 y4 Jan 29 600 43% 15% 6 71% Apr 6 11% *43% 4,200 60% 14% ' 26 11% 43% 24% *59 22% 21% Mar 25* 247/8 Jan 11% 3,300 24% , 15% 5 Jan 60'/4 12% 14% 23% Mar 26 24 7% Jan 34% May 19 Jan v: 2 14% Dec 15 35% Jan 22 41%'Dec 4 115 1 23 ■ 520 Apr 14 27% Jan 26 * 82% Jain 117 7 24 66 y2 Feb 510 112% Nov -• , 2 20 y8 May 13 '26% Aug 26 22% Apr 24 24 ., 25 60% 1 96 12% —5 10% Mar 13 71% Apr 28 113 18 17' 32% Oct 22% *87 1 29 11% Jan 16 30 27% Oct 28% 29 11 50% Oct 88 28% 35% Jan 70% Dec 100 y4 Apr 88 2 99.:. Feb 24% ' 60 34% 28 "Mar 2d 24% *93 14,700 Stofcely-Van Camp Inc common—_1 A 5% vprlor pr^fer^nce^4_-_ 20 Stix 2 * 6 12 ' 15 :'2& 35 9% Jan 95 16 13 y8 Jan 100 (J P) s& Co Inc—; 343% 8,100 97 12 *17 173/a *17 27% Apr 21 3 5% Oct 17% 35 ' 35 l May 17 35 y4 24% 11% 34% 34% 35% 59% 43 V2 26% 3 :102 10% 43 % 5 39,200 *93 11' 11% 43% 1 14,000 72 y2 12 *43% 11% *43% Inc— 71% 72 96 59y2 5 common 71% 71% * 72% 12 59% 61 : 54 71 54% *93 24% 34% 15 Oct * *59% 97 12 y4 12 Shares 53% 35 ' x24% No par 3%%. preferred Stevens *933/4 12% 25 y8 26% 26% Apr , Corp (The) L S—; 12% 25 35 18 Jan 35% 26% 28 102'/a 34% 34ya 119% Feb Oct - 34% 26y4 . 94% Jan 29 3 19 - 34V2 97 Studebaker.Corp 10% Jan '-•490 ' 347/8 34% *93% 2T, 5 ' 22 % Dec 8% Oct 71% 43% Feb 8 May 70% Stone i& Webster—No par 22% Jan . 70V2 9 24% Apr 24y4 Jun 63 70 28% Jan 6 18y2 Oct' 70% 16% Jan 7 25% Apr 24 34%, Apr 24 101% Jun 27 4 114% Jan . 69% the Week Friday ■May 22 70% 10 Sterling.Drug .Inc J 5% "Mar 11 17% Mar 53% 70% 35% Dec 31 8% Nov 17 Apt 17% Feb Mar 31 53% 70% 40% Dec 31 26% May 20 96. ■r?3.%Feb 6 Apr 14 53 70% common Sterchi ;Bros Stores 2 53% 70 Ohio Warner Sales for Thursday May 21 52% 15 Starrett Co 14' 36% Jan 15 21 Jan 23 94% Jan "20% Apr6 • ;.22% Dec 30 14% Nov- 10 ■■■.18%' May ■Stanley PRICES ( 70y4 Jersey of SALE May 20 53% New Oil HIGH Wednesday May 19 52% Stand Ry equip Mfg Co—__ 1 Standard. Steel Spring common—1 4% convertible preferred—__—50 May 21 *• May 18 28% Apr 23 8 • 35 y4 88 30 «44% Jan 6 27 A of AND Tuesday 69% preferred series A_——100 3%% 12% May 11 45% Mar 27 * 17% Mar 30 '■ 5 Monday May 18 Par California—No par Indiana 25 of Oil Standard 5 12 __ 13% Mar 26 5 40 y4 Feb -43% Jan 31 29 91 * July .17 < 22 32% Oct Nov Oil Continued—Page 11 LOW 13 y4 13% 13% 13% 600 40 40 40% 40% 90 *8% 8% 200 *8% 8 8% 56 U 12 43% Jun 26 Feb 27 57 Dec 30 23 Jan ,2 72% Dec 50 30 93 2 111 9 98 83% Jan 25 Jan 94 15 443/« Apr 27 64% Apr 23 15 22 Apr 30 July 31 100 24% Dec Jan May 104 91% Jun 104 Apr May 18 Jan 22 Udylite Corp (The) Underwood Corp ■! 2 110 Jan 97 Jan May 13 373/4 Jan 13 100 5 81 21 93 Union .Oil 43% Mar 23 35% Oct 16 100 Jan 2 45% July 9 121% Mar 31 24 1153/4 Jan 5 Jan 4 50% Nov 25 45% May 20 50% Jan 6 1 42% Aug 40% Jan 46% Mar 26 37% May 28 May 101% Jan 24% May 913/4 May 30% Jan 1013/4 Jan X13 Nov 57% Oct 1 38% Dec 107 Jan 30 1 33% Jan 104% Dec 2 27 16 95 1 21 8 17 17 33/a Feb 7 17% Feb 43% Jan 2 5% Nov 19 47 Oct 21 11 70% Mar 19 33% Feb 11 6 Feb 37% July 25 107 Sep 18 4% Apr 25 69% July 9 53/a Mar 21 10 y2 Feb 74 11 6 31% Apr 24 102% Mar 12 3 26% Nov 12 50 12 31 Apr May 19 Apr 23 34% Feb 102% May 133/4 Jan 19 5 2 37% Feb 107 3% Apr 22 Apr 20 53/4 Feb 24 16% Feb 2 United Engineering & 58% Jan 14 253/4 May 12 30 30% July 26 19 12% Oct 24 15% Jan 2 15 113/4 Apr 22 2 543/s Jan 9 96% Jan 11 19 May 2 7~3~ Apr 1 102% Aug 7 31% Dec 31 101 y4 Feb 20 119 167 Jan 8 179 16 Jan 9 61 Mar 19 9% Dec 5 66 Sep 25% Jan For footnotes Aug 27 May 9 27% Dec see page 2 8 2 24. May 11 513/4 Apr 24 97% Jan 26 14 Mar 31 29 9% Mar 13 29% Aug 343/4 Sep 31% Jan 17% Jan 37% Feb 10' 13% Mar 3 2% May 12 65 101 Jan 5 Mar 26 31% Jan 5 20 28 Jan May 8 24% Apr 24 175 Mar 16 162 63 Jan 10% Jan 2 12 35% Jan 23 68 Feb 9 14% May 11 Foundry'-.—5 —No par —10 Co—13% United Merch •& Mfrs Inc *—1 United Park City Mines Co (The)_l U S & Foreign Securities—No par $4.50 1st preferredNo par U S Freight Co ; No par U S Gypsum Co common 20 7% preferred — *-100 U S Hoffman Machiner& com _5 4%?5 preferred ————100 U,S Leather Co .Nopar United Fruit Co United Gas Corp Mar 27 120 109 y4 Apr $3.50 convertible United Corp 72 % Mar 13 24% Jan May No par 8 53/a Jan 5 14 No par Stores com—30c preferred 100 (Del) 1 United Dye & Chemical Corp com.l 1% preferred — -100 United Electric Coal Cos —5 51% Apr 23 2 20 — —; United Cig-Whelan 4% Feb 24 Feb 18 643% Jan 30 Jan 133/4 Apr - Carton Corp—10 United-Carr Fastener 86 53% Oct 30 49 common—10 United Carbon Co— 5 5 38% 103 % ——No par preferred United Board & 11 8 6 $4.50 21 31% Feb 2 46 43 America—No par 61% Jan Jan 39% 108% —25 4 United Gas Improvement , 67 673/8 67 61% 22% 223/8 22% 22% 10,800 2,900 100% 100% 80 22% 101 101 88 . 27% 97% 35 46% 43 39% 103% 2,500 102 101 101 84 84 83 83 *83 86 83% 82 82 81 81 40 *93 96 *93 96 40 88 83% *82 96 *93 96 39% 39% 39% 39% 393/4 40 39% 110% 110 - 40% 110 109 109% *45% 46 45% 45% 453/4 453/4 ^453/a 453/8 *423/4 433/4 43% 433/s 43 43 423/4 433/4 X37% 38% 38% 39% 38% 39% 38% 39 *103% 1033/4 103% 103% 1033/4 103% 273/a 27% 108% 111 *103 110 20 12,400 2,000 1,500 900 18,700 103% 400 10,400 27 273/4 21% 273/4 27% 28% 97% 35 97% 97 97% 973/4 973/4 973/, 98% 700 *35 35% 35% 35% 35% 353/4 35% 353/4 1,600 *102 102% 102% 102% 102% 54 27% 353/4 97% *102 *14% 15 *14% 53% 54 53% 30 30 3% *75 4 *29 143/4 29% *29 7 4 100 143/4 100 543/4 2,100 *29 29% 100 4% 32,200 4 4% 77% 102% 54 *14% 29% 4 4 *6 3/4 *102 54 77 5 77% 5 63/4 140 5% 19,100 *6% 63/4 400 *77% 5% 7 77% *56% 5% 63/4 5 58 58% 110 Xl4 % 14% 14% 14% 14% 14% 2,100 14% 143/a *14% 143/a 14% 14% 1,500 54% 56 56 56% 14% •• 143/4 54 3% 5 7 15 53% 75% - 753/4 5 14% 14/6 14% r * *56% 56 53% 533/a 54% 54 S/8 54% 543/4 9,600 26% 27% 26% 263/4 26% 26% 26% 263/4 353/4 353/4 35% 35% 35% 35% *353/8 35% 8,700 1.000 12% ,12% 53 Va 12% 12% 12% 2% 2% 2 553A 55% *99% 90-% *263/4 27% 111% 112 *162% 164 > 25% 25% *64 65% 13% 13% 553/s 55% 56 *99% 99% *99% *26% 27% 27% 2 4,600 2,400 *101 101 *84 12% 2% 12% * * 273A *102 102% *14% 15 53% 54% *30 30% 37/s 4 *75 75% 5 5% *7 *7% 56% 56% 143/4 143/4 14% 14% 53% 26% 35% " v "93 preferred-—100 Inc 613/a 22% 66% 22% 93 39% 109 series of 1952-100 7 67 Lines , 47 22% 83% Preferred 4%% 46% 67 3/8 93 United Biscuit of 16 15 2 United Air 473/a 663/4 *82 npncumblative preferred—50 Tank Car Co—r—No par convertible 47% 22% No par 30 53% Apr 28% Jan Feb 7 5% 163/4 Mar 20; 21% Jan May Jan California 47 67% *82 United Aircraft Corp common——5 29 32% Mar 25 104% Jan 15% Dec 22 14% Oct 22 18 Union 40% Mar 20 106% Jan of 12 463/4 22% Union Pacific RR Co common—50 4% 46% 12 463/4 > No par series., series— 13% 46% 12 463/8 *84 Preferred $4 Jan 13% 47% 12 12 101 Preferred $3.50 873/4 Jen 13% 46% 12% 46% 12 67 No par 2,300 13 46% 12 46% 12 Va 46% No par series Preferred $3.70 •45'% 106 Carbon *13 13 46% 13% 47% Union Elec Co of Mo common—10 Preferred $4.50 series No par 24 % Mar May 12 May 21 May 22 83 & 43 13% 13% 46% 12 46 % 1 —-—No par Asbestos &r Rubber Co—5 Union Bag & Paper Corp.^ 20 1113/4 *160 25% *64 .1?% . 164 13% ■ . 133/4 2 3,900 2,700 1,900 56% 99% 99 99% 99 99 27% 273/4 273/4 27% 28% 500 112% 1123/4 112% 1123/4 2,000 164 25% 12% 57 57 112 *64 2 2 2 56% *160 - 25% ; • 65% 2 112 112 12% 123/4 567/a >' 14% *160 * 164 ' *160 164 25% 25% 25% *64 65% £4 64 .13% 14 25% 25% 65% . . 160 13% -14% 600 -20 11,500 23 24 The Commercial and Financial Chronicle... (2268) Monday, May 25, 1953 NEW YORK STOCK RECORD STOCKS Range for Previous 23% July 21 3 18% Jan Lowest Highest X77a Dec 8% Nov 24 8 9 35 7a Oct 23 39% Dec Jan 67 56 Sep 19 26% Oct 16 X81% Jun 17 4 34% Mar 21 Mar 28 SO 20 Jan 7% Apr 37 Apr 58% Apr f 22% Jan 2 Jan 8 9 22 U 40% Mar 17 23 64 U fl U U 26% May 13 3.2% Feb 2 77 85% Jan 5 May 12 90% Dec 31 102% Jan 31 87% May 18 97% Apr 6 22 % Oct 16 30% Dec 31 27% Apr 31% Ja» 2 136% Jan 2 146% Feb 6 132% Apr 53 Oct 30 87% Mar 29 24 52% .Apr 23 61 Jan 3 68% May 29 59% May 15 66% Feb 2 37% Oct 23 42% Dec 31 38 Vs Apr 44% Jan 5 Jan 24 13 138% May 16 19% Oct 20 144 23 Feb 36% July 25 5% Jan 7 41 May 18 7% Apr 10% Jan 8% Dec 24 2% Apr 23 24% July 25 . 11 Jun 27 94 *87% Oct 22 10 4% Jan 27 Jan 19 18 2 3% Jan 2 21% May 27 26 % Dec 8 26% Jan 7 1% Sep 23 156 May 2 Jan 14 11 Apr 57 May 23 24 28% Apr 15 34 Jan 13% Nov ' Dec Aug 21% Feb 28 39% Jan 8 8% Jan 2 8% Apr 30 83% May 4 9% Mar 19 24% Feb 3% May 13 5 14 9 156 May 26% May 15 26% Mar 26 Feb 17 61 Jan 7 68% May 20 31 May 1772 Jan 253/4 Dec 9 Dec 11 34% Mar 28 8 28 974 Apr 237a Apr ?- 127 Apr 13 27% Jan S 20 92 183/4 Apr 23 25 v, Jan 118% May 18 233/4 Apr 27 13074 Jan 29% Jan 19 1377a Jan 19 Nov 6 21% Jan 2 110% Jan 8 1167a Nov 20 108 Mar 12 10374 May 2 1037a Dec 15 94 Apr 93 May 30 Apr 29 2774 Dec 9874 Jan 22 3374 Apr X27% Jan 24 373/a Jan 14 31 31 Jun 4 13 35% May 22 167. Apr 8 443/4 Jan 11 Jan 18 287. Mar 31% Oct a 5 18 May Mar 20 8 8 279A jan o 114% Jan 3 14 100 8 7 100 1 - Jan Jan 23 353/4 Feb 2 Feb 19 • 30 27 Apr 29 367a Mar 5 393/4 Feb 2. 27 18 4 Apr 29 30 16-74 Apr 28 Mar Jan 11 277. 2774 300 60 28'/. 79 *77% 80 *7772 88% 87 % 877a 881/2 89 28% 28% 28% x28% 287. 28 7. 28% 27% 283,6 138% 137% 4,200 80 *87% X135 138 *77 7a 1357a 1347a 80 134 135 450 190 25,100 134% 440 , 56% 57 5674 5674 56 *6074 61 60 6074 *60 60% 40O 387. 40 393/4 40% 3974 397. 37,500 100 137% 137% 138% 1373% 138 1377a 1373/4 137% 13774 3,400 5^000 138 19% No par 38 7% *81 7% 9 •81 *81 3 *25% *25% *158% 16% 100 *64% No par 31% 31% America-No par *407. 40y2 407. 40% 2.50 15% 3074 15% *153'. 307a 15% 307. preferred— preferred Utah Power & Light Co 4 %% Vanadium Corp of 10 • partlc preferred 100 Virginia Elec & Power Co com—10 100 100 100 37 177, *28 10 20 . *2374 ♦160 : 65% 657a 31% '41% 41 97. 243/4 3,000 25% 161% 167. 10,100 673/4. 68 68% 68% 190 31% 313/4 31s/. 317. 1,400 41%; 427« -4174 v " 400 ; 41% 10 .2,900 157. • 15% 157. 15% 157* 3174 .9%- 3174 317» 317* 93/4 93/4 97* 2,800 24% 247* 2,000 97." 247.. ; 243/* *126. 129 193/. 927* 207. 120% 1207a 257. 2574 1097a 1097a • 267. *89. 207*. - - *126 600 1277* *126- . 2674 L1O0 - 129 26%.-26.% 927*. *89 207, 207* *120 121 25 % 257. 109% 109'/. *1197, 6,400 927* 100 207* 2,4fiQ 121 500 257. 25'/. 10974 110 3,600 260 *91 *94 . 95 *91 95 *91 95 96 *94 957a *94 943% *317, 277. 377t 32 273/* 31 317* 277a 28 2,500 3«72 387a 1,100 1774 287a *317i 27% 377a 177a *28 32 17 74 3174 273/4 377i 177a 28 . *28 38 , 2774 37% >; . . 500 177a *177. 17% 500 287a *28 28% 80 *63% 647, 200 w 55 Apr 17 117. Jan 27 Nov 2 24 68% Dec 29 1272 Aug 6 297/. Jan 14 5174 Jan 7 Dec 22 1074 Jan 30 177a Jan 11 217. Dec 3 98 Jan 12 1047. Dec 5 15 Oct~22 20% 25 Jun 3574 Jan 427i Apr 29 8 Ja~n~30 277, May 15 37 Dec 30 30 25% Jan 31% Sep 3 Dec 31 3 4 24% Oct 23 16 May 1974 Feb l 19 11% Nov 17 97a May 26 Oct 137. Mar 10 Waldorf System Walgreen Co 9 477. Feb 26 2 137. 1374 1374 1374 2672 267a 267. 457a 457a" 2674 457a 105 177. Apr 16 165/. Feb 13 147. May 13 14% Apr^24 57a% Warner Pipe Corp No par & Waukesha Motor Co 5 1 127. Mar 27 Webster Investment Co 5 247a May 22 287a Feb Wesson 7 80 847. Feb 297. Jan 12 Sep 72 Jun 6 1067a Jan 8 17 93/4 Oct 15 Feb 7 167. Jan 29 84 Aug I 1097a July 18 157. Jan 107» Jan 13 May 14 217. Apr 29 227a May 8 337. Apr 100 Apr May $4 West 107% Jan Jan 15 15 137. May 15 1674 Jan 15 29 R2 Jan 8 1057a May 21 109 Jan 5 707. Apr 463/a Apr 30 567a Dec 15 103/a Apr 23 523/4 Apr 24 18 267. Dec 23 243/a Jan 2 577a Mar 11 327, Mar 25 Dec 10 45 Jan 2 6372 Mar25 Dec 22 347a Oct 21 47. < 7 12 54 Oct 7 90 457a Feb 11 12% Jan Mar 37 Oct 20 4 16 "6472 243/4 May 14 357. Feb 20 957a Jan 2 98 277a Nov 21 483/. Dec 31 101- Nov 3 8 32 Mar 2o Oct 30 80 Oct 6 28% Oct 25 127 127 Mar 20 41 y2 Jan 30 347a Jan 7 25 3/4 Apr 14 30 Oct 23 293/a Jan 2 257, Jan 2 10% Aug 297a Jan 4 147. Jan 28 9 17% Jan 2 4 32 Apr 28 27% Aug 29 137. Dec 17 22 127. Jan 22 13 323/a Apr 13 21% Jan 29 113/4 Feb 17 1072 Apr 23 May 19 117s Mar 26 70% Jan 12 743A Mar 10 287a May 14 16 Western Pacific Wilson & 293/aMarll 767a Jan 8 977a Feb 20 7074 Dec 22 93/4 Oct 23 45 3,4 Dec 9 32 3/. Nov 19 837a Feb 118 Nov $4.25 preferred Co Wisconsin 447# Jan 12 307. Jan 29 48 Jan 30 13 Jan 2 137. Fell 1 40% Jan 3 35% Jan 86 Mar 19 13072 Marl6 75 Mar 257. 80 y2 11 11 25 257. 24% 117* 25% 3,800 8072 80% 80% 390 2374 23% *8074 *11 3 liy*Marl7 137, 7172 107 1007, 1007, *92 95 *90 *137. *71 *1057. 92 137a 72 107 - 1007a *92 1007. 95 101 ♦92 92 10% 10s/. 107. 237. 1,500 357a 5,300 1003/4 95 *90 92 137. 72 107 1,700 23 353/8 ; 101 *90 137, 72 *105% 400 1017* 130 *92 11 95 *90 92 ' 133/4 72% 105'/2 14 137. 73 73 10572 *105% 107a 137. 1,200 73 1,000 107 100 5374 54 *533/4 54 54 54 5472 700 2872 2774 28 287a 29'/4 28% 29% 28 3/4 28'/a 5,100 *56 • 1074 5474 5872 563/4 563/4 5772 571/2 58 581/2 573/4 573/4 600 577a 593/4 59% 59'/a 577a 57 107a 577, 107a 58 3/. 59 3/4 *913/4 *54 593/4 11% 5,000 2,300 *90 92 90 % 90% 92 92 93% 200 42 427a 42 3/. 427a 423/4 43 7, 43 437, 423/4 437. 31,500 287j 297a 28% 29 28 % 287a 287, 28% 287a 28% 21,700 46 46% 46'/a 463/4 16,500 45% 467a 4574 467a *92 94 *92 94 20 20 20 20 193/4 45% 467. 94 94 94 19i/4 197. 19 197. 1,700 1V % 68,900 38% 5,500 *92 *125 *125 *125 „ *91 100 *125 37% 377. 377a 38 38 385/. 38 3872 373/4 84 7, 84 y4 84 % 847a 843/4 84 3/4 84 3/4 843/4 843/4 85 26% 26 26 26 2674 26% 261/4 27 271/8 267a 277, 27 27 26 «/* 1 267, 27 27% io3/4 *31 5 107. 31% 27V2 *26 263/4 103/4 *31 27 1074 313/4 287, 157/3 27% 273/4 157a 16 105/. 103/4 717, 1074 71% *1074 1072 1534 ios/8 . *71 107, 72 107a *31 273/4 157a 10i/2 ♦71 271/2 157a 107a *107a 11 313/4 *31 313/4 287a 16 103/4 103/4 107a 72 71 71 27% 157a 10% *71 1,000 16 3,900 62.800 107. 10,100 273/8 72 200 107a 1074 10'/4 103/4 600 .293/a 253/4 293/a 30 30 307. 9.600 25% 26 253/4 26 5,600 28% 283/4 28% 2974 267a 267a 253/4 267. 257a *126 16 107a *31 1074 10 129 287. IOV4 29 3/. *126 11 313/4 290 700 2,400 1074 1 100 197. % *1257, 9372 % 94 *92 ___ 20 10 4 Jan 11'/, 25 800 10% No par 2 355/a Mar 17 95 91'%* 1 . 2 717, May 12 9 7i Apr 20 23% No par common Jan 80 *23 *11 *80 103/* 10 1874 May 111 80 600 300 103/4 103/4 100 53 5 257. 80 11,100 17 23'/* 54 No par com 24 19 75% Jan 14 117. 25 163/4 *23% 28 1 Co Inc 2572 May20 Jan 1074 *11 717a — 28% Nov 25 427. Apr 17 267a Feb 20 RR Preferred series A_ 21% May 7 1283/4 Jan 15 135 107. 11 *1057. 1 Winn & Lovett Grocery Co Wisconsin Elec Power Co com 6% preferred Apr 107. 257a 137, 100 Western Auto Supply Co 10 Western Maryland Ry common—100 4% noncum 2nd preferred 100 307a May 22 45 107a- 80 *89 West Va Pulp & Paper com—No par 6 Apr 24 173/4 May 15 107. 17% 24 10074 24% Jan 126 103/4 17 10072 *92 Wilson-Jones 25 11 *2374 100 100 100 5 137, Jan 18 Jan 263/* 23% 35% 107a May 12 Nov 26 2672 17 23% 23% 14% Jan 15 257, Dec 17 64 267. 17 227. 233/4 12s/. Aug 18 157. Apr 2 138 2674 263/4 17 227. 23% 753/4 Feb 16 X267a *163/4 2378 6874 Nov 14 Oct 277. 17 35% White Sewing Machine common Prior preference Wilcox Oil Co Willys-Overland Motors common 17 51 277. 287. 237. 357a" 8 867a Mar 24 - 2,000 237. 127a Jan 10 87. Oct 30 237, White Motor Co 407a Mar 17 Feb 8% Mar 30 : 357. 4 4 7 83 - 8,000 30 357. 287a Mar 4 897a Jan 22 103/4 May 18 29% May 11 37% 297. 23 8 12 May 20 Jan 363/4 297. 237a 22 Mar 1,000 377. 2974 347. 997, Jan 127 32 377. 297. '<37 237a 9372 Mayl3 14 32 3674 297. 257* Westinghouse Air Brake 10 Westinghouse Electric com 12% 3.80% preferred series B 100 Weston Elec Inst Corp new 12.50 '•Me its Wheeling & Lake Erie Ry 100 Wheeling Steel Corp com No par $5 conv prior preference—No par White Dental Mfg (The S S) 20 Jan 32: .V"V 367a 3174 377. 313/4 367. 227. 297a May 18 50 Mar 18 357, Apr 3,300 35 % 257a Apr 29 437, Apr 23 126 4,600 157. 2374 Western Union Telegraph 977a Mar 31 ■fa May 22 157. X157. 237. 673/a Mar 16 120 15% 167. 347. 43% Mar 25 1027a 153/s 237. Western Air Lines Inc. 2,100 2,000 *102 157. 237a preferred 3,100 77. 247. 157. 1 47a% 46 y« 73/4 10274 4 pfd 4.20% preferred series B 4.10% preferred series C West Virginia Coal & Coke 3/330 247. 25 No par Apr 24 May 102 77. -400 26 457. 46 Sugar Corp May 14 387. Feb 18 May 22 73/4 247. 137. 26 16 80 com—2.50 19 89 *457. ♦137a -v 32 17 preferred—No par West Penn Power 4%% 997a Jan 102 8 Indies 137. 30 237. *107. —5 Snowdrift & West Penn 377. Feb 21 Oil convertible 10274 157* 647. 267a West Kentucky Coal Co Electric Co 287. Jan 24 9674 Apr 30 91 2 *10274 103 26 32 5 1374 Feb 26 *317. •• 367. 297. 27% 3 Wayne Knitting MHte—„ Wayne Pump Co 9 84 102 317a Mar 16 7 9 31% Foundry 107. May 2 157. Petroleum 14% July 31 Jan 15 157. 157. Warren 30 967/a Jan 157. 157. 1574 15 7a Warren 2474 Mar 23 5 IIOV2 Sep 1037a Apr 18 157. 5 Inc Inc 327. Jan 1067a Mar 18 *1027, 103 1574 Washington Gas Light Co—No par Wash Wat Pow Co (The) No par 5 177. Apr 3 1027. Jan 337a Mar 19 1 37% Dec 25 3774 May 14 11 417. Jan 9 28% Dec 30 2474 31 24 2 45% 774 247. 9 13 167. Feb 2 457. 77. 1 Pictures Warner-Hudnut 11% Jan 16 77. 2474 4 Feb 26 7. Apr 19 7% 247. 327. Feb 217. May May 77. 29 7. May 25 *137. 2474 preferred Bros 63% 137. 267. *637a 100 MarlO 4 647. *137a 647. 2674 45V2 7% Ward Baking Co common Feb *6374 1 Walworth Co 100 647. 2.50 Feb 27 May 12 3 217. May 467a Feb *6374 No par (Hiram) G & W 9 3 28 Oct 100 No par 10 25 18% Jan 21 28 Walker preferred 77a Apr 29 187. Jan 2 247a Dec 297a Jan 98 RR 4%% 29 % Jan - 12 May 21 44% Jan Wabash 30 8074 Feb 28 Oct 1274 Jan 26 > 70 y« Mar 617. Apr 27 Corp 129 *126 129 *126 129 *126 129 Woolworth (F W) Co Worthington Corp common—No Prior preferred 4%% series Prior pfd 47a% conv series Wrlgley (Wm) Jr (Del) No Wyandotte Worsted Co 10 i73/4 18 173/4 177. 18 18 177a 18 18 18'/. 10 46 7, 46 74 46 v2 467a 463/4 46 3/4 46 3/4 47 463/4 467. 700 10 Public Service Woodward Iron Co 45 % 45% 457a 45 V2 457. 45% 45% 453/4 45 y8 4574 13,500 par 100 327a 33 32% 327. 33 33% 33% 347a 33% 347. 5,600 82 100 *119 par 5 93/4 5,200 81% 81'/a 813/4 813/4 70 *120% 12374 124% 1241/2 220 72% 72% 727a *7272 73 Va 72 y2 7272 737, 731/4 500 93/4 9% 93/4 97a 9»/2 *9% 97. 9% 97a 1,400 37% 381/a 227, 503/4 3072 427a 13y. 38y4 383/4 3874 3874 2,100 2274 22% 51 30% 22 22y» 9,500 507. 29% 4274 137. 433/. 425/. 14 14 51 30 43 14 7,600 1,000 7174 72 5y4 70% 71 82 < 72 V2 827a 123 118% 827. 119 *8174 *123 827. 125 n $32% Jun 5 13% Jan s 21% Oct 3 18 391/2 Jan 2 517a Dec I 47% Feb 18 34 Jan 7 29 50% Jan 2 417. Apr 23 2774 Oct 16 39% Oct 23 15 68 Oct 15 Jan 2 4% Nor 17 , 177. Jan 24 88% Nov 28 6% Jan 29 Feb May 9 18 1 137, Apr 24 68 Apr 24 4% Jan 6 3974 Apr 237, Apr 537a Mar 1 1 9 34% Jan 13 47% Jan 5 16% Jan a 84 Jan e 57, Apr 13 Yale & Towne Mfg Co 25 York Corp common l 4%% convertible preferred 50 Young (L A) Spring & Wlre.No par Youngstown Sheet & Tube No par Youngstown Steel Door No par Zenith Radio Corp—. Zonlte Product. Corn 37 37V. 377. 377. 217. 213/4 21% 21% 217. *491/2 5072 *30 30% 5072 30y. 507a 307. 5072 30y2 137. 417a *137. 413% 14 417. 137. 717, 707. 707. 417. l33/4 71 42 5 5 ■ 700 167. 129 267. 257. *89 197. 3174 *277a *367. *177* 28 27. 26 25y4 *126 9074 197. . 100 *160% *126 257. 95 96 3,000 1774 1277* ' 9074 , ——— 3 2574 *126 *119 1207a 257. 253/, 110 110 27. 26 24% 12774 257a *91 *94 2'/. 26 85 267a 31 31 974 97. .2474 243/* *126 1277*.; *126 129 26% 1617a 317a ' 15s/. 3 267. 2574 687* 313/4 2,800 1617a 16% . 1774 ' . 26 . 253/4 163 167. 31% 95- 317. 277. 25 25 5 * . 5,900 97. 9% •81 3% 2% , •643/4 927, 1972 957a 317. 277. 37 177. 29 25% 162 90 8 7% 85 *2674 27s 26 . 197. 37 9% 3 16% 31 *91 *94 ' 23/4 26 193% 37 8 ♦81 3 267. 16% 11972 121 2574 257t *109 110 div preferred $4.20 dividend preferred Virginia Ry Co common : '6% preferred Visking Corp (The) Vulcan Detinning Co common 7% preferred 25% 65 197a 27s 257. *160 16% *9074 preferred— 100 Va-Carolina Chemical com—No par 37a% preferred 25% 162 97. 97. 247a 243/* *126 1277* *126 ,129 . 25% 257. 2.50 Vicks Shreve & Pacific By com—100 5% noncumulative preferred—100 Victor Chemical Work, common—_5 $4.04 dividend 23/4 25% 3 26% . . 4,100 20 774 97. , 85 3 *2574 267s 1 — 97* , 56 38 *37 8 9 85 *2% 3 26% 197. 38 75/e 9% 85 2% 197. *37 1 7% 9% *25% 193/4 19% 38 *37 7% *9 50 19% 19% *37 100 $5 *597# 56 % Universal Pictures Co Inc com 6% 277a 60 60% Vick Chemical Co__ 28 Jan 2,400 *597* 3,400 39% 9 903/4 Jan 32 377. 38% Jan 247. Apr 127 1 37% 88% 79 89 2% 8% 100 377. *87% 79 54% Vertientes-Camaguey Sugar Co..6va 2 3 273/4 77. 377. 21% 54 % 0 Oct 31 Apr 24% Oct 27% 73/4 60% 10% Jan 93%'Apr 29 ne 27% 217. 87. 59% Norman Co Mar 19 27% 217a *73/4 54% Raalte Co Inc— 128 60 26% Van 125 V4 Feb 128 Apr 129 60 Shares 2174 8 39% Corp Van 25 60 1 American 4574 Mar 2i 17% Mar 23 7 Jan 60 Universal-Cyclops Steel Corp—.—-1 Universal Leaf. Tobacco eomJSo par 323/4 Mar 25 3$% Feb If -14% Jan 373/4 the Week 59% convertible preferred Universal 167 4 July 28 33% Dec 23 Apr 17 95 •6 21 % Frid.y May 22 39% United 4% 37% Sale. f.r Thursday May 21 50 convertible preferred—No per Wall Paper Inc common—2 Mar 18 PRICES No par noncumulative preferred—25 Mar 19 37% 137% 1st preferred— Tobacco Co common 4 37% 28% Stockyards Corp 1 United Stores $4.20 nancu 2d pfd-5 29% Mar 12 37% 59% 28% 87% United 90 2% Apr 28 Feb 13 25 1% Jan 22% Jan May 20 S *73/4 *7% 27% preferred 7 Vo 21'A 8 8 c77 Steel Corp common 7% preferred U 21% 22% 59% Smelting Ref & Min com—50 S 7% 29 May 15 2 4 31 Jan 16 157* Jan 23 87% Sep 9 18% Oct 24 19% May 22 37 Feb 65 U SALB May 20 37% U S 144% Jan 28 4 14 45% Aof 14 23% Apr 23 2 16 14% Dec 8 12 May 67% Jan 24 X213/. HIGH Wednesday V *7% preferred S Pipe & Foundry Co S Playing Card Co S Plywood Corp common^ 3%% preferred series A_ 3%% preferred series noncura May 19 21% S Lines Co common 8Vo AND Tuesday May 18 U S Rubber Co common 144% Mar 11 17% May 20 no¬ 119 6 6 - 27% Oct 30 10 169 136 6 Monday Par 4%% 26 17 Mar LOW STOCK EXCHANGE Highest ; YORK NEW Range Since Jan. 1 Year 1952 Lowest 503V 3074 57. 5% 57. 800 1,200 6,300 7,100 < I Number 5223... The Commercial and Financial Chronicle Volume 177 Bond Record (2269) New York Stock «» FRIDAY WEEKLY - YEARLY » The italic letter* 1b the column headed "Interest Period" Indicate In each eaae the month when the Flgnree after decimal point represent one IM more or Exchange of bonds LOW AND HIGH Range for Previews GOVERNMENT BONDS Year 1962 Lowest Range Since Jan. 1 Hlg est Lowest NEW Higest 99.24 May 12 Monday May 18 YORK STOCK EXCHANGE 99.24 May 12 Treasury 3Vis Treasury 2 y8s Treasury 2Vis Law Low High 96.14 Oct 14 14 96.19 Jan 9 96.2PMar 18 96.2IDec 9 9626 Dec 96.9 Oct . 96.21 Dec • • 94.8 Mar 25 942 Mar 25 9 962TN0T 18 96.15 Dec 9 96.22 Dec 10 9622 Dec 24' 96.20 Nor 19 95.8" Dee 100.4 NOT 18 100.4 97.10 Ocf~27 97.19 99.16 Oct~15 Jan NOT 18 102.lt Jan 29 102.18 Jan 29 100.3 10 100.3 100.3 la Oct~27 MarTg ian~ia the Week High Bonds($> ♦99.29 99.30 *99.26 99.30 *99.28 101.22 *101.16 101.22 ♦lul.16 101.22 •101.16 101.22 *101.16 101.22 •102.14 102.22 *102.14 102.22 *102.14 102.22 *102.14 102.22 *102.14 102.22 *103.8 103:16 *103:8 103.16 *103.8 103.16 *104.12 104.20 *104.8 104.16 *104.8 104.16 *38.20 98.26 *98.8 98.16 *94 94.8 *93.2 -93.10 100.1 *99.26 1958- 1963 •103.16 103.24 *103.8 103.16 -I960- 1965 •104.16 104.24 *104.16 104.24 1956- 1958 •98.22 98.30 *98.20 98.26 —-Dec 15 1958 _ _ _ - ♦98.16 98.24 *98.10 98.16 1962- 1967 ♦94.6 94.14 *94 94.8 1963- 1968 •93.8 93.16 *93.4 93.12 ..June 1964- 1969 ♦92.18 92.26 *92.12 9220 Treasury 2Vis Dec 1964- 1969 *92:8 92.16 *92.2 92.10 Treasury Treasury Treasury Treasury Treasury Treasury -Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury ^Treasury Low •101.16 Treasury 2Vis 9 H Sales fer Friday May 22 High 1978 1983 Treasury 2Vis Treasury 2Vis 9StltOct Thursday May 21 Low High 1956- 1959 — . Treasury 2Vis L rw SALE PRIORS Wednesday May 20 May 19 1955- 1960 _ _ Treasury 2Vis Treasury 2Vis Treasury 2Vis Tuesday High mature. point a - 2Vis .1965- 1970 2Vis ——-____1966- 1971 2Vis 2 Vis 2 Vis 2%s Sept 1967- 1972 2 Vis 2 Vis 1952- 1955 ——.1954- 1956 2 Vis 1956 1959 2 Vis 2Vis June 1959- 1962 2s June 1953 1954 2s ♦99.28 *98.20 98.26 *98.10 98.18 *94 94.8 100 *98.20 98.26 ♦98.8 98.16 *9 94.8 i - —June 1967- 1972 2%s 100 , ♦92:6 *93.4 93,12 *92.12 92.20 "*92.14 92.22 *92.14 92.'22 *92.4 92,12 *92.6 92.14 *92.6 92.14 >92.8 *92.24 ' 92.10 '**92.2 92.10 ! ♦no - 91.28 92.8 92:6 *91.39 92.6; *92 *91.14 91.22 *91,14 91.22 ♦91.18 -91.26 *91.28 91.26 *91.12 91.28 •91.20 93.12 *91.30 92.10 •91.20 *93.4 i *qo - 92.14 ♦92.2 , . 91.20 *91.12 91.20 *91.18 *91.18 91.26 *91.14 * " ' 92.8 -*yz 91.26 92.3 Dec 1967- 1972 •91.20 91.28 *91.14 91.22 91.22 *91.18 1957- 1959 •97:20 97.28 ♦97.16 97.22 *97.14 97.20 *97.16 97.24 *97.16 97.24 June 15 1958 •97.26 98.2 *97.20 97.28 *97.20 97.28 *97.22 97.30 *97.20 97.28 ♦99.10 99.14 *99.8 99.12 *99.8 99.12 *99.8 99.12 *99.6 • 91.26 91.26 *91.18 99.10 100.16 *100.12 100.20 *100.12 100.20 *100.12 100.20 *100.14 100.22 •96.22 96.30 *96.20 96.26 *96.20 96.26 *96.20 96.26 *96.20 96.26 •94.4 *100.8 94.12 *93.30 94.6 *94 94.8 *93.30 94.6 *93.30 94.6 *94,2 94.10 *93.28 94.4. *93.30 94.6 *93-28 94.4 *93.28 94.4 *99.17 99.19 *99.17 99.19 *99.16 99.18 *99.16 99.18 *99.15 99.17 Dec 1953 1954 *99.8 99.10 *99.8 99.10 *99.7 99.9 *99.7 99.9 *99.6 99.8 2s Dec 1953 1955 *98.18 98.26 *98.14 98.22 *98.14. 98.22 *98.14 98.22 *98.14 93.22 2s -June 1953- 1955 Dec 1959- 1962 Treasury 2s *99.30 100 *99.30 100 100.2 *100 100.3 *100.1 100:2 •100 Sept 15 1953 *99.30 100.2 *100 *99.30 100 100.2 *100 *99.29 99.31 93.16 *92.16 93.16 92 *91.8 100 International Bank for Reconstruction 93.4 Oct 20 96.28 Aug 7 93 92.12-Oct 22 96.4 2 91.25 Apr 95 10 9724 Feb 27 Dee •98.10 Not 7 100.15-Dec 17 Apr Mar 12 93.8 May 7 96.28 Apr Deo 1 Development 25-year 3s 9 25-year 3s 95.8 97.16 May 12 2 92.24 Feb 6 98.10 NOT 101 & 94 16 Jan - 16 7 Mar 25 3Vis 23-year 3%s May 15 1975 Feb 19-year 3Vis Oct 15 1971 Jan 97 29 100 19 93.2 *92.16 92 *91 92 *91 92 *91 93.8 *92.8 k 93.8 *92.8 93.8 *92.8 93.8 *96 97 *96 97 *96 97 *96 97 *96 97 *97 98 *97 98 *97 93 *97 98 *97.8 98.8 Oct 11981 Serial bonds of 93.16 ♦92.16 93 93 July 15 1972 Mar 11976 30-year 93.2 ■ 93.16 due Feb 15 1954 *99.16 100.16 *99.16 100.16 *99.16 100.16 *99.16 100.16 *99.16 100.16 2s due Feb 15 1955 *98.16 100 *98.16 100 *98.16 100 *98.16 100 *98.16 100 98.16 *97 98.16 *97 98.16 *97 98.16 *97 98.16 2s 15 1957 *96 97.16 *96 97.16 *96 97.16 *96 97.16 *96 due Feb 15 1958 *95 97 *95 97 *95 97 *95 97 *95 97 2s due Feb 15 1959 *94 96 *94 96 *94 96 *94 96 *94 96 2s due Feb 15 1960 *93 95 *93- 95 *23 95 *93 95 *93 .95 2s due Feb 15 1961 *91.16 93.16 *91.16 93.16 *91.16 93.16 *91.16 93.16 *91.16 93.16 2s a Odd 1956 due Feb 2s No sales transacted this day. due Feb 15 *97 2s Bid nod naked price. due Feb 15 1962 *90.16 92.16 *90.16 92.16 *90.16 92.16 *90.16 92.16 *90.16 92.16 lot transactions, Interest MAY 22 New York Stock Exchange Period Friday Week's Range Last or Sale Price Bonds Friday's Bid & Asked Low No. High Low High Brazil New York City Bid & Asked Loto (continued)— 3 Vis 1980.! Corporate Stock orFriday's Sale Price -June-Dec 98% 97% 22 98% 97% No. 15 No. 16 —June-Dec series No. 17 __June-Dec 3Vis series No. 18 series No. 19 20 3Vis series No. No. 22 series No. 23 76% 76% 74% 76% 76% 76 83% 84 76% 78% 75 73 % *85 86 —June-Dec High — 76% —June-Dec — 76 3 *76 —June-Dec 21 series 3Vis Low *76% __June-Dec 3Vis Jan. 1 No. 76% *76 __June-Dec series No. Range Since Sold 83 76% __June-Dec 3Vis 3 Vis Bonds 75% High *76 June-Dec series 3%s 101 % series 3Vis Transit Unification Issue— 87# Last Period New York Slock Exchange Jan. 1 Week's Range Interest BONDS Range Since Sold 97.16 t Being called for redemption on June 15, 1953. transactions, Registered bond r RANGE FOR WEEK ENDED Friday BONDS 1,000 1050 2s * 14,000 92.8 93.16 76% 85% 86 77 86 76% 74 77 ' series 3Vis Foreign Securities No. York Stock : —June-Dec 26 I 27 28™ —June-Dec T eletype No. 29 3 Vis Exchange series —June-Dec series No. 30 120 NY Broadway, New York 1-1693 Foreign Government and Municipal Agricultural Mortgage Bank (Colombia)— § AGuaranteed sinking fund 6s 1947 Feb-Aug a Guaranteed sinking fund 6s 1948 April-Oat Akershus (Kingdom of Norway) 4s 1968 Mar-Sep lAAntloqula (Dept) collateral 7s A 1945 Jan-July f AExternal sinking fund 7s ser B 1945—Jan-Juty J AExternal sinking fund 7s ser C 1946. Jan-July f AExternal sinking fund 7s ser D 1945—Jan-July AExternal sinking fund 7s 1st ser 1957_April-Oct AExternal sec sink fd 7s 2nd ser 1957_April-Oct AExternal sec sink fd 7s 3rd ser 1957.April-Oct 20-year 3s s f $ bonds 1978 Jan-July Antwerp (City) external 5s 1958 June-Dec Australia (Commonwealth) 5s 1955 Jan-July Called 10-year 10-year 20-year 20-year 15-year 100 (City) sinking fund 5s 1957 Mar-Sept Sinking fund gold 5s 1958 i Feb-Aug Caldas (Dept of) 30-yr 3s s f $ bonds 1978_Jan-July Canada (Dominion of) 3 Vis 1961 Jan-July 25-year 2Vis 1974 Mar-Sept 25-year 2%s 1975 Mar-Sept A Carlsbad (City) 8s 1954 Jan-July Cauca Val (Dept of) 30-yr 3s s f $ bds 1978—Jan-July IAChile (Republic) external s f 7s 1942—May-Nov *65 % *65% " Stamped pursuant to Plan A 42% 42% *103 101% 68 a6s —— 65% — — 15 43% 101 % lor/a 100% 83 100% 96% 97% 54' 95% 96% 26 94% 90 % 90% 12 88% 91% 90 90 90 9 88% 90% Feb-Aug Jan-July 90 90% *102 64 — — 112% 109% 8 -- 91 91 59% 62 86 — AExternal 61% 16 62 — — . — 100% 4 100% 4 99% 100% 50 993/4 103 Vi 93% 93 V2 6 92 Vi 95% 92 % 92 V8 20 92% 95 % 65% 100 65% 7 65% 65 % 1962 sinking fund A6s assented 1963 6s 43 *41% *58% — 42 ' — A sinking A 6Vis bonds 2%s-3s 1993 fund AGuaranteed a 6s 6 Vis assented assented (Interest Aprll-Oct April-Oct Stamped pursuant to Plan a (interest reduced to 3.375%) 1979 April-Oct A7s (Central By) 1932 June-Dec Stamped pursuant to Plan A (interest reduced s to f 3.375%) 1979 60% 6Vis of 1927 due 1957 58% 60% 49 -- — 86 60% 55 60% — 59% -- — 89 55 % 59 % April-Oct Feb-Aug 36% 36% 1 34% 37 % *58% 55% 59% 35% 3 6 Vi 55% 59% 36% 36 Vi Mar-sept Mar-Sept April-Oct April-Oct May-Nov June-Dec ' —— —— 58% *36% '. reduced to 5.5%) 1978 June-Dec 62 62 *36% 53 62% 46 series 3%s series No. 1 *36% 35% —— —— 34% 20 35% ■■ —. 36 Vi 58% *36 % 1 , 58% - 3 36% 58% June-Dec ■ j j 2 No. 2 59% June-Dee 82 •78 ~5 76 75 76% 76% 76% 3 Vis series No. 75% 75% 3Vis series No. 80 80 June-Dec June-Dee 8. .June-Dee 3Vis series No. 9_„ 3%s series No. 10- June-Dec 3Vis series No. 3Vis series No. 11_ June-Dec 12_ June-Dee 3Vis series No. 13- June-Dec 3Vis series No. 14. *87% see 76% '—I " 77% 80 76 • 85 76% *81% V* -5" 76 -75% • 76 77 79 85 79 —— — 80 74 76% 59% 36Vi 58 58Vi 58% 36%. 37 % May-Nov May-Nov 55% 59% 35 Vi 36% 1962 1962 *36'% . For Financial Institution* FOREIGN SECURITIES PARL MARKS & PP. INC. FOREIGN SECURITIES SPECIALISTS 50 Broad St., New York 4, N. Y. 87% 85 ' 37% 55 % *58% 83 74 79% — 82 *76 Vi June-Dec page 29. *76% . . For footnotes 74% 1 —— 36% 36% *36'% 77 *79% —— June-Dee W 77% 74% 3 *76% —— 80% 74% 2 76 .June-Dec 58% 1961—.April-Oct 61% 75% .June-Dec No. 36% 58% .April-Oct 6s 1961 83 77 83 3Vi* series No. 3%s series 3Vis series No. 57% 79% 61 *81% __ 36% 34% ■ 35% *53% 36% ' - FIRM TRADING MARKETS June-Dec 59% ' *58% 5% 3Vis 59% 37% 55% —- 89 62% 36 3/4 55% 36 *58% June-Dec June-Dec 58% 34% —— - funding bonds of 1931 due 1951 ' 8tamped pursuant to Plan A (Interest reduced to 3.375%) 1979 Aprll-Oct External dollar bonds of 1944 (Plan B)— 58% 2 86 ii — ~ 44 % 36% 583i Stamped pursuant to Plan a AExternal 44 36% 60% . a6s 102 % 55% —- - June-Dee 1961.. 1961 sinking fund assented 102% 58% May-Nov 1963 AChile Mortgage Bank 6%s .1957— A6%8 assented 1957 • 42 89% 55 6s Sept 1961 1961 AGuaranteed sinking fund 6s (interest ' June-Dec April-Oct 4 102 42% *36% 1961 sinking fund 6s 1962 Extl sink fund $ 92% 106 102% 103% 111% 112% June-Dec 91 Vi 88 assented Sept a6s assented 97% 8 6s 75Vi 42 V2 102 *58% 98% 96 1960 Feb 76% 76 75VT -- April-Oct sinking fund 6s Feb 196l_ assented AExternal 100 Vi 100 i\ 100 A 84% 76 75% *36% 102 Vo ft 78 *58% a 102 Vi 3 (81% i 101% 101% 1C2 Feb-Aug 44% 101 104% 76 *76 AExternal sinking fund 63 41% • 78 75% *76 ARy external sinking fund 6s Jan 1961—Jan-July a6s assented Jan 1961 Jan-July 63 «... „ 76% 1 84% ■84%. *76 . 78 1 *36% a6s 67% ... 69% 78 • — May-Nou 1942 sinking fund 6s 1960 assented AExternal 96% June-Dec reduced to 3.5%) 1978 AExternal s f 6Vis of 1926 due 1957 AExternal 65% 65 — *65% June-Dec external 8a 1941 65% — assented 5 A7s 100 95% 14 100 92 *65% June-Dec . 92 .... *65% — —— Feb-Aug (Kingdom of> 6s 1955. External sinking fund 7a 1955: - — 92% *65% ' June-Dec Belgium — *65% 100 fABrazil (U 8 of) *90% —. bonds 3Vis 1956 3 Vis 1957 3Vis 1967 3Vis 1966 3%s 1962 92% *90% *76.. —June-Dec Brisbane REctor 2-2300 - —June-Dec L w .78 .77% 78 —June-Dec series 3Vis Wertheim & Co. New 25 No. 3Vis series No. Members No. 3Vis 3Vis series No. Telephone *76 —June-Dec 24 3Vis series Telephone HAnover 2-0050 Teletype NY 1-971 25 RECORD NEW YORK BOND RANGE Friday BONDS Interest New York Stock Exchange Period Last Sale Price Consol Municipal A7s assented A Chinese A6s of A6s I960. (Hukuang Ry) 5s (Republic of)— Colombia of 1928 Mar-Sept —Mar-Sepf I960- 7s or Bid & Asked Oct Sold No. High High 7% 58 ¥2 37'A ASao April-Ocf — 1961 98% ...Jan-July 3s ext sinking fund dollar bonds 1970—.April-Oct SAColombia Mortgage Bank 6'%s 1947 April-Oct §ASinking fund 7s of 1926 due 1946—May-ZVov SASinking fund 7s of 1927 due 1947 Feb-Aug Copenhagen (City) 5s 1952 June-Dec 25-year gold 4%s 1953 May-Nov ACosta June-Dec Rica (Republic of) 7s 1951—. (Republic of) 4%s external 1977 51% 17 99 9 9 ¥2 51 ¥2 98'% 52 '% 54 ¥2 San 6 3 ¥4 *60 93 *60 15 90 ¥a 98 28 88 ¥4 38'% 39 16 37 ¥* 37 111% 114% 97 100 % 98 Stamped (Dept of)— 30-year 3s sinking fund $ bonds 1978 Jan-July (Kingdom of) Called extl 4%s Feb-Aug 1962 (Republic April-Oct f dollar bonds 3%s extl s f dollar bonds Jan f dollar bonds extl s AEstonia 40'% 100 100 29 ¥2 7 42 100% 2 100% 49 100 42 100% (Republic of) Jan 1976 1 91 ¥4 100% Jan-July 1976 1 1 Jan Jan-July 1967 7s 64% Jan-July 1976 82 *82 *57 '/a Jan-July *9% 82 62 — 10 ¥4 19% Consolidated Elec A7s 7s 1st mtge series A ser A6%s 1944 & 1st due 16% assented A4'/2s 6%s due 1950 1944 to mtge Feb-Aug Feb-Aug 1954 1950 extended to __Jan-July 1960 149 ¥2 154'% 154% *98'% ~~ 96 99 *147 Jan-July *92% 93 95% 99 Feb-Aug f 2% to Jan 1977 ——_______.__Jart-July Jan 3','c due §A7s 5 ¥28 149'/4 Public 2% A 1 due 6%s due due 7s ¥2 • : 5'%s 17% A5s to '30 51 Ms 51 ¥a 93% 51% 97 44 96 53 51% 42 52 53% 42 ¥» .'76 ¥2 *87 6s 7s / 52 30-year Mexican (State Mtge 3s s f $ A4 %s ANew ' > Mexico 43 54 ¥2 91% Feb-Aug 138 Ve 85 May-Nov 1975 ..Map-Nov 7s 51 .91% 2 80 91 '/a 91% 1 78 1st bonds 84% 129 31 138% 138% *120 75% 57 85% 1954 June-Dec 1978..______ of 5A5s A small 77% 87 ¥a 121 of 1 10'A 17 * A Warsaw 67 41¥a 10 42% 68 A4s 9% 44 6s due 8 ¥4 10 9% (1922 (1942 (assented Allied bond #J . i : 64% 72'% 55'% 49 y~i 49 ¥a 54 ' 124% 126 126 154 98 i 5v '•> 98 ■ 128 78 71 60 154 98 Mar-Sept 119'% 12 75 ¥2 74% 75 ¥2 ;■ 4 148'% ' 154 99 /: 95 ►-» 148 4k OO 11 1 1 1937)—. 88 ¥2 Map-Nov 1979— 88 84 94 96 69 687a 88 90 91 ~8 94 Jan-July 1984.. 83 82 9 88 ¥2 *86 1978—Feb-Aug 89 83s/a 13 88% 83 83 —Map-Nov 1979 readjustment 117'%/ 493% 1 .50 ; . .....June-Dec of readjustment 73 (Dept of) —Feb-Aug Feb-Aug June-Dec 1958— 12 *120 8 2 8¥4 874 13'% 1 12 5'% 103% (City of) — of loan '26 196l.-_.__ extended to 1961 124'% 111 ,121 ¥4 73 June-Dec 1971 to (assented to 3 7as; 16% *16% *16% new assented (1942 *9% ~7 73 667a 76 % Geraes 16 ¥4 16 ¥4 American 9'% 8% 2¥is 9 ¥4 extl debentures to Stamped to *18% sinking fund 6%s pursuant reduced to to sinking 2.125%) A fund 1959—Mar-Sept 2008 external loan (30-yr) 6s due 1953 extended A5%s extl loan 1958 1987. 1973 18 ¥4 reduced to to 122 74'% to 2.125%) of) ANat loan extl ANat loan extl f s 6s f s 1959 1st 2nd 6s series series 1963 (interest reduced to stamped (interest reduced jARio de Janeiro Stamped to Plan to to do Sul external Stamped to external Stamped reduced of A 2%) loan of stamped For footnotes due Plan to see 38 *._ 51 31% pagp 29 Plan 15 89'% 95 117 115¥4 117 179 114'% 123 Jan-July 1962—April-Oct ....:.April-Ocf __Feb-Aug 119 117¥4 119 99¥a 997s 96'% 96¥4 373/ 116'% 11 ¥2 debs 8 14 6 ¥4 11 ¥2 37 Va ■' Series Ref * 97 ' , 125 88 99 1017a 21 95'% 1003% 2 96 1017a 7 90'% 95 * 99'% 101'% 97 ,92 91 ¥4- 80 80 • • 92.: 98% *— -i. . 87 987a 987a 92 • 5 987a 1013% 61 108'% 3 100'% 120'% 114'% 9 9 3% 1031% 104¥2 1045% 10 1037a 108 ¥a 100'% 100*% 1027% 1027a - 7 100'% 102'% 1 102'% 104'% 967a •• Ry— •»*/;. -108 ¥2- 108'% 110¥2 100'% . 1 100'% 100'% • . ;• " • -.<• *99¥4 100'% > __ A ser ' 83'% 87 V 5 87 — 80 2 V 80 - ! April-Ocf Line 100'% *95 __ 96 ' 95 , .. 3 6 ¥4 36 ¥a 51 31 ¥2 34¥2 -J- ,-j— - due M and J 1 S'western 4s- series div first (3'%% fixed & . First lien Bangor & Bell and 917b 9278 63 95'% 97,. 56 . 90% - 79 77 79 / 150 76% 77 73'% 78'% 104 78¥2 87¥2 86'% 877a 68'% 67'% 68'% 282 91 91 91'% 82'% 80 887a mortgage 5'/ ser A ; 96 3% , 102 i" 75 85 75 ¥a 85- 75'% 85 85 v 113 95 *V - . May .. • 29 ~ 66'% 75i% 25 90% 96'% 84 12 81 88'% 80 3 78 86'% 887a 9 887a 93'% 39 10778 111'% 5 92'% 95'% 90 96 • 1980—V—May-Nov l'%¥o centing 95 . 78¥4 .....Mar-Sept " 1996.-—__Mar-Sept 1995—June-Dec A i 2000 mortgage 6% (2%r/b : contingent interest)— Dec — 1 1 March 33% ^ due . B A4'%s convertible income Feb l 2010 Lake Erie & West Virginia— 38 50 ' series 'Pittsburgh 37 58 ¥4 B RR— and general fixed * 38 % int) 1980_Jan-July division— ref M Aroostook 4s series D Industrial 1985__Jan-July —— RR— mtge 4'%s conv 1976— Telephone of Pa 5s series Loan .—Jan-July C 2'%s I960—April-Ocf debs Steel Corp— mortgage 2¥4s series I 1970 mortgage 44 ¥» 48¥2 Consol 53 ¥4 Consol 36 36 38 56 ¥2 57 ¥2 Boston 2¥4s series 36 36 38 ¥2 37 37 J & Maine 1961_Map-Nov 108 93 107% 103 93 93 . ..Jan-July 91 91'% 95 —, 14 95¥4 92 92¥s 92 92*% 10 92 100'% 10 91 ¥» 82'% 82% *99 100 5 May-Nov Jan-July Mar-Sept 92 92'% 98 RR— First mortgage 5s series AC mortgage 5s series II 1967 1955— First mortgage 4¥»s First __ 1976 mortgage 3s series K 1979.. (The) Co 27bS debs 1981 First *36 ¥4 - __ 1962_£._.Mar-SepZ Fe— Series K due March '' 11 ¥2 53 A June-Dec — 5' .' 937a 104'% 98 Bethlehem May-Nov 36 '/ 99¥4 87'% 5 38 90¥4 90 - Borden 36 92 1963_..._._Mar-Sept Consol *30 ¥2 887a..' 1167a 86 87'% (4f%, fixed : • and V/o contingent interest) July 1975_April-Oct "Refunding and general mortgage 5% (2% .. fixed and 3% Contingent-interest)— .-f Series G due. Dec 1 1995 ; June-Dec 13 ¥2 5 ¥4 *67 (interest 2004 Air v; Ohio mortgage 5'% Beneficial *50 June-Dec to 31% *50 2004 2.25%) First 1st .June-Dec (interest 1966 A 6 ¥» 11 __ *36 % Feb-Aug June-Dec pursuant reduced " 1968 A 10% __. 108¥e 25 99¥4 100 [First mortgage 4s series A. July 19>75—^April-Oct 54¥a April-Oct Plan 1926 to 2.25%) 48 ¥4 & Toledo-Cincinnati April-Ocf (interest 2012 pursuant to _ 1999 to 2 (interest 1946 Plan / 54i% 58 of) 1921 to 2.5%) 48 ¥4 53'% *20'% Feb-Aua sinking fund gold to external Stamped (State loan pursuant reduced Jan-July 464 87'% 1995"i:.-__—v._May-NoV 1 . 2012 pursuant reduced A - - 54¥a __ 92'% 94'% 83'% 71 4 8 ¥2 9 ¥2 85% 88 . 1 12% 76, 20 20 , — mortgage 3s/4s 1963—— .May-ZVoy Line RR'4'%s A 1964:....^^—June-Dec Refunding April-Oct I Plan 2% ) —» April-Ocf (interest 1953 pursuant reduced 2006 A 115 53'% *36% A 2001 6%s 38 9% 69 100 1980.—..—Mar-Sept Gen mtge^'/is ser C 1972 Jan-July Atlantic Refining ,*2'%s debentures 1966^—Jan-July 767a 63 35'% 10 86'% 64'% .June-Dec 1966___.__—.April-Oct 3¥ss mortgage 4'%s-4s Series Plan July Charlotte & 54 34 69 70 *10% 9% 5s 100 10 .Jan-July 8s 1946„_ to 2.375%) secured Stamped to •99'% *9% .1 111¥4 Coast A 2001 2.25%) (City of) pursuant reduced to Plan 2.375%) pursuant v Atl 125 3 *12% Jan-July Jan-July 115 ¥4 9 53'% April-Oct ~~ First 98 >10% ApriZ-Oct ... (City of)— stamped pursuant to Stamped 7 4s Atlanta 101'% 53 ¥2 April-Oct sinking fund gold 8s 195_0 assented 100 ¥a 105 *53'% ——April-Oct Alegre — 1 997a >■ Corp— Investment Baltimore 1961—April-Ocf __ 95 Va - 8 *34 Mar-Sept (Republic of) gold 6s 1940 A4%s assented 1958 5 AStabilization loan sink fund 7s 1947 A4%s assented 1968— ■ 74'% 99 ¥4 I960—June-Dec IA Poland 73'% *68 i.Mar-Sept 7s • 101'% 100'% 53 ¥2 May-ZVoy 2008 external 99i% 99 ¥4 -- 123 508 1097a 111'% 89% 83'% __Feb-Aug Topeka &" Santa General 4s 1995:.—. 100'% 90 * 84 94'% 78% 100 863/a 89% 83'% 10474 100 87'% debs 1964. Products Co 100 3% 100 ' 6 113'% 113'% May-Nov 1968 W 102'% ...2..June-Dec debentures Nitrate 99i% 973% 99'% - 20 673% 86 867a ,' June-Dec . Atchison Gen Mar-Sept Mar-Sept 98 *100 P Associates 35 101 66% 6774 1st mortgage 4s (reg only)-. I960—-. June-Dec AnheuseivBusch Inc 3¥as deb3.1977.vt-—---April-Ocf Ann Arbor .first gold 4s July 1995^iivi._Q''.ar-Jan 101'% 99 ¥2 „ 101'% 100 *95 ¥4 June-Dec 1958 34 % 100 5 97 87 -• debentures. 1969_*__. 3¥4s debentures 1977.——— 52 80 9 8 3% 87 3s 36'% 52 357a 99 s% April-Oct 1963 (30-yr) 34'% *995% 100 *99 ¥4 Feb-Aug 1957 conv 82 April-Oct American Tobacco Co debentures 3s 18% 88 ¥2 ' 36'% 100'% 101'% Mar-Sept April-Oct _ 1953 extended (Republic AExternal 3¥2s 18 ¥4 17% -- *35 (City) sinking fund 4%s 1955.April-Oct lAPernambuco (State of) 7s 1947. -Mar-Sept Stamped pursuant to Plan A (interest (Interest debentures debentures A Mar-Sept May-ZVoy Oslo 1967 27as Anglo-Lautaro *35 Development Co Ltd— Grande 15'/a 75 (interest Municipal Bank extl sink fund 5s 1970 AExternal 18% — Plan (Kingdom of) 3%s 1957 (Kingdom of) 4%s 1956 External sinking fund 4'As 1965 4s sinking fund external loan 1963 1966 20% 18% *87 75 92% .Jsm-July 1982.___i convertible 99'% 1 146 *— 100 81'% 82'% — ....^.April-Oct 2¥»s debentures 1971__1 A (interest 2008— Mar-Sept Norway 1961 14'A Plan 2.125%) Netherlands A4%s 2¥is debentures 3¥as 95 ' > debentures 1961— 14% 104'% "17 97¥2 76 99¥2 97'% 101%. 102 ¥4 101 ¥4 —Feb-Aug 1975. convertible Co.— 1986.. 14% 15% sinking fund 6%s 1958—Mar-Sept ex'l due Telegraph 1980—: debentures 101'% 105'% v Ltd— & 3¥»s 1952——————— A pr—Oct pursuant reduced extl Telephone debentures 2 debentures 1966—-June-Dec Corp 374s s f debs 1964—May-ZVoy American & Foreign Power deb 5s 2030^-Mar-Sept 4.80s junior debentures 1987_—.Jan-June ._ . 96 •105'% . 96'% __ *97 98% 100 — 100 Bosch *15 agree't)" 1963.Jan-July (1942 6%s 97% 76 99¥a 1970...^.—_M«p-Nov 3s 23%s *14% (State)— Stamped Oriental Canada — ... (City of) ASecured of Airlines Jan-July assented ASmall ASecured Co debentures American 25%s "to 1922" (assented - 1003% 5 101% 101% 96¥b *104 97 76 99'% — debentures 1956—Mir-Sepf 3'%s 19641 Feb-Aug 2s COMPANIES __ . April-Oct 1978 ... new Milan 1913 May-JVoy America ,2%s 1963_Jan-July 1933 ASmall A 6s of 6s Mfg 17'/4 Jan-July agree't) INDUSTRIAL AND 1967—. 3'%s debs Dye of 16% American agree¬ 1 & 16% _ 1968—Jan-July 1 1922 1945 3>%s Co Aluminum 16% I——II—II—II 1922 agree't)" (1942 agree't Southern Chemical Aluminum — 1963_jan-Jwlp agree't) Great Allis-Chalmers June-Dec assented agreement) 7s 653% 106¥4 71% £' 71 ¥2 Alleghany & Western 1st gtd 4s 1998...—April-Ocf ——I—IIIII— agreem't) 1945— Quar-Jan ; 5ATreasury A7s 111 Ye 60 -- 1177a' 49% Alabama Power first mortgage 3¥aS 1972—UttJt-Jt'ly Albany-& Susquehanna RR 4¥2s 1975——April-Oct Allegheny Corp debs 5s ser A 1962_____£_May-ZVoy 9% 9¥e - ASmall A6s ~ (City) external 7s 1958 extl ..A6s ASmall 8 A8s 97 103 66 *49% 1955—Mar-Sept to conversion assented A4 '%s Quar-Jan "" 1910 ment) Rio (dollar external 3¥28 * 9 '% 1954 new 8A4s 8s 11 947a __ *114 t on—___: coupon RAILROAD 1968—Jan-July 1945— assented 1904 due 7%s 15'% 6'% (Republic) external 8s 1946—_Feb-Aup sinking fund 6s I960.: Map-No.v sinking fund 6s 1964—...—May-Nov External Alabama agreem't) j assented of A4s Porto to Valle Del Cauca See Cauca Valley 4 77 1943 (1942 due 1899 new A4s - —..April-Oct 1971—___April-Ocf 4.41/4.41/2s external readjustments 64 Va 15 41% 1968 ASmall ' 86 8 ¥4 " ALarge APeru 1961 1953—_—June-Dec ser extended 1945 due V . 142 107 75% *63 Jan-July Small A 5s 5%s *63'A 1. 1952 mtge $ 3%-4-4'/bS ALarge A6s 80 6 12 96. *108'/a — 1943—May-ZVoy ALarge 3%s Jan-July extended 1961 External 24 121% 74% 15 1957—Aprii-Oct agreement) ASmall ■ *94 ¥4 157a 140'% 16 9 ¥4 9 1981..—.—Jan-July extended to 1963..... 1953 92 (Republic of)— §A5s ■ *13 ¥2. 3%-4%-4& s external conversion 19781—June-Dec Feb-Aug Bank) 52% 52 ■ . 1964 6%s (1922 assented ASmall Minas 86 86 June-Dec 93% Irrigation— §A4%s assented A June-Dec 157a 127'% 4 141 to '27 of March IA Uruguay 82% 91'/a 52% June-Dec to due AExternal 1965 extended (Colombia) 137a *138 ¥2 sterling loan of '12 1952—-Mar-Sepf Yokohama AMedellin 69 9'% 40 Ltd— Co 1971__ f s extl loan A With ' —Jan-July Jan-July 1951 extended of 81 59'% — 14 13 ¥2 13% 1957_—.—Jun-July 3'/2s extended 1971 AExternal v loan 1965 AJugoslavia *97 Mar-Sept 1952 1954 A5%s extl 59'/< 13 ¥4 June-Dec —June-Dec 1958— UJigawa Electric Power Co Ltd— A7s 1st mtge s f 1945— ; ——Jan-July ____ Japanese (Imperial Govt)— A6%s extl loan of '24 1954 5%s 8 19 10 73 1952, thereafter 7s 66'% 78 (City of)— A 6s i.////-; 1947___ (Kingdom of) Italy 22 14% Public Works 1977 External 15% 13% Utility Institute— to Jan 5% for thereafter 1952, B (40-yr) due Tokyo 98 1952, thereafter 1, 1977 series Italian A 1 *__ Map-Nov 1962.: 7s Tokyo Electric Light Co Ltd— s to 13 '% Aprii-Oct due Italian Credit Consortium 15 __May-Nov - 2% Power A5'/2s - A5 ¥2s A 7s part paid 1964___.—___ ;; A 6s part paid 1968 Helsingfors (City) external 6%s 1960 Italian (Republic) — 3% Council Taiwan 154%J t 138 ¥2 Greek Government— External 1962 ________ Electric 61 — Map-Nov to 1958 County 69'% 85 April-Ocf external external of) 62 (interest A 1962 extended 1952 (Prov — 75 79 87 (Kingdom)— secured 6'/2s >_. 71 87 Power— A extended gen 2%f series Sydney Great to external ASilesia 50 — 90 Jan-July 1968 to Plan 2012 A7s 57'% 49 71 >87 Jan-July 2004 loan secured B 547a (interest Shinyetsu Electric Power Co Ltd— A6%s 1st mtge s f 1952 65 55 65 2.25%) dollar A8s . 75 52 -- 547a , Jan-July Jan-July Plan A Serbs Croats & Slovenes 100% 88 M.ar-Sept to pursuant reduced , 102 100 48 100% 100% 100 of)— s 3s April-Oct extl 5%s 1955 to external *48 —Jan-July 1956 pursuant Stamped 60 High 75 (interest A loan water reduced 44 A 6s — gold Salvador 4s 41 ¥2 42% to bonds External *42% — Stamped assented (interest reduced 6%) extended to 1960 Denmark external A7s 75 A 1950—.— pursuant to Plan reduced to 2.5 '/*>) 1999.: Stamped . Low 75 *53 May-ZVoy pursuant to Plan reduced to 2.5'/*) 1999 external A8s 39 ¥2 112'% 113 98% 97% Jan. 1 No. (interest A stamped 1936 (interest 93 99'% Va 98% 112% 8s 63 ¥4 Range Since Sold of)— (State Paulo fund 2012 2Vo ) to Bonds High 75 — to Plan pursuant 75 May -Nov 1957—Map-No/ 2001 2.375'/*) secured sinking reduced *60 Plan A to pursuant to - 8s 1S52 (Cityi Stamped Cundinamarca (State) Paulo A6'/2s extl 98 ¥2 99 98% Friday's *91 ApriZ-Oct May-Isov (interest 1952 6'/2s of) Stamped 8 4% *97 52% May-Nov Cuba Czechoslovakia (City ARome 36 „ or Bid & Asked Low 55 ¥2 — 7% Week's Range Last Sale Price Period Exchange New York Stock Jan. 1 Low Interest BONDS Range Since reduced 1961- 1927 Jan *36% ..June-Dec 1951 MAX 22 ENDED Friday Bonds Friday's *58% __ WEEK FOR Week's Range Low AChilean El Financial Chronicle... Monday, May 25, 1953 The Commercial and (2270) 26 mortgage 4s AInc mortgage 4'%s series A series series JJ RR 1961 l.Mar-Sept May-Nod April-Oct — — ._ Jan-July 75¥a July 1970. May-ZVoy 58'% 19G0: 827a 757a 59% 101 731% *77 74¥2 53'% 77 99'% 77 80 72 77 ¥2 63 5 5 ¥2 62'% Volume 177 Number 5222 ..The Covimercial and Financial Chronicle . (2271) 27 NEW YORK BOND RECORD RANGE Friday BONDS Interest Last New York Stock Exchange Period Sale Price or Brooklyn debentures 3s Union Gas General 1st Co debentures 4s 2%s mortgage 1968_ 3s 1980— Brown Shoe Co 3%s debs :1971_—___ Rochester Terminal Co Cons Bush Terminal 5s 1975_Map-Nov 5s :Map-Nov 1955— 1982 No. Low 101% 86'/2 ' 85% 103 89. 89 86% 86 .Jan-July 94% Consolidated A 3s .' 94% Apn'Z-Oct ______—Jan-July in 7 *104% 85% 2 ' __ 84 85 j 101 104% _ 85% 90 98 8 „101 4 105 82 86 C California Oregon Power 3V8s 19 <4. Canada Southern Canadian consol National Guaranteed . Power gold 4% Jan-July 1955 4Vis June-Dec 1956 Feb-Aug (perpetual) Jan-July Capital Airlines Inc— 4s debs Carolina 100 series A 1960 Clinchfield Ohio 4s 1965 Mar-Sept Corp 1 103% 103% 103% 44 105% 105% 14 104 — 100% debentures 3s debentures 3'As A Corp Cuba {Central Branch U Central P AGen General mortgage New York 3'As 1987 Power 3s Jan-July 1974 A 4Vis Refund 1992 V Refund Refund and impt M 3%s series H 1973—June-Dec & A div first consol gold 4s 1989 __Jan-July Second consolidated gold 4s 1989 60% General 4s First and 1st & ret 55 % mortgage inc 5s conv 1997 April mortgage series 4s mortgage 4 Vis inc increased conv ser series B A Jan Jan Chicago & North Western Ry—• Second mortgage conv inc 4Vis Jan First mortgage 3s series B 1989— Chicago Rock Island & Pacific RR— 94% 94% 9 94% 97 : 1970———_June-Dec 36% 36% 1 31% 40 24% 25% 26 Jan-July 90'/a 90% 1 89% 11 89% 34% 9 31'A 35 34% 34% 3 32% 34% June-Dec 30 30% 26 30 34 88% 88% 1 88'A 95% Jan-July series A 3%s 1982 2%s debentures 1978 June-Dec 2 .Feb-Aug Lackawanna refund Essex M Wetesrn & series 5s due 100% 102 *99 mtge & coll tr 4%s Power & 104% 25 104 C 1973__Map-Nov Map-Nov 2 96 90% 92, 7 88% Light B ser 3s 1985 & Rio Grande 87% *73 % 86 *76% — 86 77% 1% Gen & 3s 64% 65 10 61% 62 ref & refund , 2019—April 96 96 Detroit K — 1 1 to — ■• i? . SI *98 99% 100 102% 90 Jan-July April , 90% 41 88 93% 98 10 90 gold lien 2.35s 1st June-Dec 100'A 94'A 98% 104% 93 124% Map-Nov B 1976_Mar-Sept 1961 May-ZVou Jan-July 70 2%s 1979 mortgage 2%s 1980———: 1st mortgage mortgage 71 74 103 103 16 103% *__ 103% 127% 73 71 104% 80% 95'A 951/4 96% 96 23 100 Vb 101 101 250 99 1 88 951/4 92 93 89'A Feb-Aug . 1st 121% 124 124% 124'% June-Dec 1977 — 101% June-Dec 1995 1982—' 3'As 92% 85% *- May-Nov 1961 debentures 2%s Co 6 2 Mar-Sept, 1958— & Tunnel 4%s subordinate- debs 100 96 '• 86 * 1995— 4s 96 1982—May-Sept 1985 gold 4s 97% 95'A 86 98 ..Jan-July June-Dec I 1976^— debentures Terminal Chemical 3s *— April-Ocf 89'A 92 — 109 * —Feb-Aug 1982 102% — 103 105 Mar-SepZ. 105% 71 102 East Tenn 99% Va & Georgia div first 5s 1956_May-Nou **»• J- El El 111 (N Y) first cons gold 5s 1995_Jan-July Joliet & Eastern Ry 3.%s 1970.1 Mar-Sept Elgin 76% 76 76% 3 75% 80% April 64% 63% 64 % 113 60'A 67'% 1999„April 62% 62 'A 63% 451 59 64 77% — 74% 77% . 98 II *91 87'A 96 fixed 2%s series ser first Duquesne- Light 95% 11 90 *90 Edison Jan-July 87 72'% % 60 99% -7. 2 Mar-Sept 1993 mtge 2%s ser J Mack ASecond 85% 64 4 91 89% 1979_Jan-JuZp 3s^ series H 1970 and convertible Detroit 95 79% — 86% 80% April-Oct mortgage (3% fixed contingent interest) 1993 General 116% 86 4 *99% 100 — (3% contingent interest) Detroit Edison 84% 81% 116 9 Income 103% 86 98 88'A 94% 1973 Detroit Tol & Ironton RR 2%s ser 79% 83% 87'A 89% 87% *11 mortgage series A (4%% interest) 2018 Denver & Salt Lake— 1".. > v — 92 91 78 — Western RR— mortgage-series A l'/o Dow 92 78 Map-Nov contingent 96% *94% 8 8'A 89% *69 A Income 97% 82 *87% Map-Nov; 1985 mortgage and coll trust 2%s mtge & coll trust 2%s 1980, 1st Denver 105'/a 96% 101% mortgage and coll trust 3%s 1977_June-Dec > Gen & ref 3%s 96 % 104 102 % 99 'A 21 Div May 1 2042 mtge & coll tr 5s ser A First 112 96% 100 97 96% May 1st - 112% 102 105 94 17 94 100'A <•' 1st Delaware 104% *101 101 Co— 1993 division trust 4-6s 98 101 __ 94 100 Map-Nov RR 98 *94 Jan-July 1963 Western & 94% *98% 1965-.——ApriZ-Oct extended 4s *— June-Dec 1965 1977— Hudson and & 1975—April-Oct 1978 3s Pennsylvania Division— 100% 9 27% ' 33% June-Dec mortgage 100% 90% 23 June-Dec Collateral 120% 89% 89% 24% 1970 York First 99% 109,, T16 2044 1 mtge 3'/8s 1966 Map-Nov 1970i— AInconie 103 96 101% A Morris 102 100% 101'/a 90% Jan-July 1994—— A :i 2 *108% 109 Chicago Milwaukee St Paul & Pacific RR— 4 Vis 96 103% 99 B debentures New 62% 101 102 96 98 101% —— ser Lackawanna 98'% 99 100'/a *101 96 Map-Nov A 2nd mortgage 4 Vis inc ser A Jan 2003 April Chicago Indiana-& Southern Ry 4s 1956—_Ja«-July 101% 1st 20 96% 96% ser 4s Delaware 75% 53% 17% 90'A ' 100 , & 90 90% 24 ref Co & 3'/8s First Map-Nov AGeneral inc intge 4Vis Jan 1 2038——April Chicago Indianapolis & Louisville Ry— A 1st mortgage 4s inc series A Jan 1983——April General 162 92% *99 Feb-Aug First mortgage 3%s series B 1985. Chicago & Erie 1st gold 5s 1982 Chicago Great Western 4s ser A 1988 * 56% 22 qc; *11 First Chicago & Eastern 111 RR— First 45 ___. mtge 3s 1990 AGeneral 66% 18% 92% ref 4s & mortgage 85 62 >• 17% 92 « *— mortgagees Deere 105 75 • 1958 Mar-Sept refunding mortgage 3'/as 1985—Feb-Aug refunding mortgage 27/8s 1970—Feb-Augr First and 98 4 *91'/a 56 Jan-July ; lien mortgage 98 82% 75 18 92% Map-Nov mtge 4s June 30 1970_--_ First 98% 98 —— April-Oct April-Oct Dayton Union Ry 3'As series B 101% . 98 102%f RR— First 98% 97% 65% R Chicago Burlington & Quincy RR— 94'A 97% Mar-Sept 1965—Jan-July Dayton Power & Lt first mtge 2%s 95% ~ *81 -Mar-Sept and impt M 3Vis series D 1996—May-Noo and impt M 3Vis series E 1996—Feb-Aug 69 9 3'% 97 D > —Fcb-Aug Jan-July 98% High 97% *__ 1975 Imp & equip 4s 1970 106% 98 75 Feb-Aug First mortgage 3%s series B 1968 Champion Paper & Fibre deb 3s 1965 Chesapeake & Ohio Ry— 96% 104 % 6 Low 96 1976— series) (1942 4s 1st lien & 105 97% *98 -ApriZ-Oct 1974 99% 63 *98 1995 Pacific Ry Co— First and refund 3 Vis series General 106'A *98 Central * 106% 104 97 _ 1948_June-Dec Central RR Co of N J— Central 103% 9^% $ Feb-Aug Feb-Aug Jan-July mortgage 4Vis series A Jan 1 2020——May mortgage 4Vis series B Jan 1 2020 May AGen mtge Jan. 1 No. *93 1977-—_____ 107% 67 « -- of Georgia Ry— mortgage 4s series A First 1960 gold 4s 1st 2%s debs debs f Delaware *93 April-Ocf 1960 issue) (stpd as to payment 2001—— first mtge s Range Since Sold High ApriZ-Oct dollars) 3%s Bonds Friday's Cuba— Northern Ry— 1st 106% 103 105 « April-OcZ i debentures (1947 of Crucible Steel Co of Am 1st 105 97 or Bid & Asked Map-Nov Can .3'As 95% 105 % 5 100% 105 -- _Feb-Aug 1965_ 1976— 3'As debentures S First *95% __ 3Vis < Celotex 104 100 June-Dec & debs Power Co Crane 95% 105% 106% — Mar-Sepf Carthage & Adirondack Ry— First mortgage guaranteed 4s 1981 Case (J I) Co 3Vis debs 1978 Celanese 95% 55 % Ry— debenture consol 93 % May-Nov April-Oct 1957- gold 43,4s Paciiic 1968_ Continental 1st June-Dec gtd 5s A 19C2 4 Vis Guaranteed , 1976 3s Ry— gold Guaranteed Canadian first 2%s Baking 3s debentures Cuba Electric U Consumers '* California Gas Railroads inc cum 100% 89 Natural 3%s debentures- 1976— 96% 99 " 83% 100 Sale Price Low 104% 96% *100 bj Last Period High 103 87 Week's Range Friday Interest Exchange Continental Buildings 5s gtd 1960 mtge income gen *—• & Pittsburgh Ry— Stamped modified 4%s 1957--——,, Bush High. BONDS New York Stock Jan. 1 Consolidated ___odxi-juiy Niagara Elec first mtge 2%s Buffalo 22 k MAY Range Since Sold -ApriZ-Oct 1969__Mar-Sept Jan-July Ja?i-July Buffalo Bonds Bid & Asked 1976———— mortgage WEEK ENDED , Friday's Low Bristol-Myers FOR Week's Range \ Paso 5s & Southwestern stamped Erie first *134 137 *97 108 *107% ApriZ-Oct 134 "" 135 103 108 April-Oct 1965 5s 1965 *105 .. . 98 ~i 103 107 109% 108'A — __ 109'A Railroad Co— - 1 Jan-July . '■ 1st mtge 27/8s Chicago Terre First and Income 196UJ A ser Haute & '.Jan-July coil trust First 27/8s Union mortgage gtd First mortgage T A ser 3s 19 71% 5 69% G 1969—_Feb-Aug Feb-Aug ...April-Oct 1977 debentures 99 J«7i-July 1966_ Cincinnati General gold 4s 1993 104 2%s Cleveland Division 1 89% 91% 93% 102% First coll trust 4s Illuminating mortgage mortgage mortgage 3s 1990-May-ZVou 1970 Jan-July 3s 1982 Fort 90 95%. 89 88% "5 98% 88% *92 96% 94/ 94; 96 *98'A 96 99 ' 98% *80 mi. ' •V 1 ■ 64% 65 1986— 90% 90% 1 97'% 98'A 61 63 . Colorado 43/4s Fuel conv Columbia & Iron debs Gas June-Dec 3s debentures series debentures & South Columbus & Toledo 100 37 97% 100 138 C June-Dec 1975 1977 Elec Ohio 3'/4s 100 94 93% f s 103'A debentures Feb-Aug 92 2 • 98% i Power 93% Gulf 99% 102'/a 93% 19 .June-Dec *90 ApriZ-Oct *— 1- April-Oct *— 84% 85 April-Oct *— 90 91'% Consolidated Cigar Corp— Debentures (now 3%%) Consolidated Edison " of 1961 Feb-Aug 1965— April-Oct 3s — and refund First and refund First and First and refund mtge 2%s ser C l972_June-Dec refunding 3s series D 1972 May-Nou First and refund mtge -3s series First and refund mtge ser mtge 23/4s mtge 2%s 3s ser ser A B 1982_Mar-Sept 93% 93% 97'% ref M 1st ref & M debentures 32 %„ 1979_JaTt-July F 1981 Feb-Aug 1963— June-Dec • 85 2 85 92% 94'% 95% 91% ' • General of Bait City— mortgage 4'/2s 1954 Gas El Lt & Power 1st ref M 1st ref M 27/8s ser 1st ref mtge f 2%s ser X 1986 3V4S conv 2%s s debs ser T U 1981 1967—: For footnotes see pr"f ApriZ-Oct (Bait) B — Feb trust *87% ApriZ-Oct Jan-July __ Hudson 3%s Illinois 99% First £4% 94 102% Illinois 97% 105 97% 102 97 % 8 155 150 5 ' — 94 101% 94 ■ 93 112'A 112'A 106 % 105% 113% 112% 81% 89% 82% 88 90 *— 79% 80 84% 82 71 *92% *72% 82 1 t 18% 96 % 75 "7 97 V2 12 20% 3 19 97 75 73% — 80 19 %' 71 92% 9 71 97% Jan-July 83% 97 101% 75'A *— 1976—-Map-Nov ApriZ-Oct 98 99% 74. *96% 2%s 1980 3%s 19811.— 82 90 92 97% 97% 102% 102'A — 88% ' — —June-Dec June-Dec ——May-ZVou June-Dec — 91% 102, 74 15 Jan-July 1969 83% 1 83'% *__ 74 Jan-July 1968-——— Water Valley first first Ry mtge 2%s 4%s . — 88% 1976—Mar-Sept 1999: Finance Corp 2%s 1970—; 107 —Jan-July ..Jan-July 107 93 133'% 134 (conv & first Manhattan 5s AAdjusted income 5s Feb 99% *87% * — 99%; 110 *„ A ~1 — 107 92% 90 117% 34 131 95% 138 96% 97 19 94'A Feb-Aug 61 VB 61 61% 32 60% 64% April-Oct 1957 1957 26% 26% 26% 31 26% 31% 161 1023A , Bell Telephone mortgage Central 105, 2 81% 93% 87'A 2%s series A 1981—Jan-July 1978 June-Dec *__ 3s series B 88 93 • 8 110'% 96 4%s-3%S ser A 1979—May-ZVop Consol mortgage 5%s-3%s series B 1979_May-Not> Consol mortgage 3%s series C 1974—May-JVou Consol mortgage 3%s series E 1982_ Feb-Aug Refunding 4s 1955 May-ZVo« Refunding 5s 1955_ —May-Nov *'95 Consol mortgage Debenture 87'A 95 94% 99% 97 -- 97% RR— *95% *94% 96% 4%s Fcb-Aug 1966 98 Illinois 93 Jan-July — 97'A 103% 103% 100 Va 101 106% 106% 88% 44 3 3 81 3 98% 94% — 100% 88'A 98% — 103% — June-Dec 2t< 3%s 94'A — — 5 97% 99% 95% — Jan-July 1976 112'% 112'% 95% 4 RR— series A July 2015——-April 3%s series D 1969_April-Oct inc 4s series B Jan 2044 April mtge 104'A 95% 93% 1 „ 97% 94 95 95% *__ Lighting & Power Co— after 7-1-53) 1967 June-Dec Hudson Coal first sink fund 5s ser A 1962_June-Dec , 91% 11 •" • 155 112% J an-July. refunding 4s series B 1975 mortgage 93% *93'A Ohio mortgage. 2%s 1979 Household 93% Consolidated Gas Co Consolidated 98% 104%,! H 100% 7 93% 99% 95% 1st mortgage 3 %s 1982_i— 104'% 86 *92% certificates & 91% 102% 87% __ — 102 Houston — — 95'% . 94% E 90 57 5 1965—Map-Nov 1976-——. D 92 '/a 99% , 86% 1977_ApriZ-Oct 1981—_i—______Map-Nov 3%s ser H 1982— Mar-Sept 3'/2s series I 1983 Feb-Aug 3s convertible ; series debentures 1st 99% 93% 86 1st & ref M 3'/4s ser G 1st & *90 86% 93'A 102% 100% 6 '■* 94% 96 99% 99% Jau-July First mortgage 99% 93% 102% 103 — 101%, 93 101% *94 % 1973—'— States,Utilities 2%s 1st mtge mortgage 3s 1978 First York— New First ' and Hocking A 99 _2 97% 5 __Mar-Sepf 1969 First 100% 102% 94% Mobile Hackensack 33/4s series 99 101 % 101% ...Jan-July 3%s debs 1976 Corp— series C Debenture Collateral Salitrera—See River 99% 100% 101 91% 1974—Mar-Sepf mortgage General Anglo-Lautaro. Nitrate Conn 101 General mtge inc 5s and refunding 97 100 „ 1999 2001 82% 99 Northern Ry Co- First 97% 94% 93 *— *102% 94 June-Dec 1959— Co first mtge 2%s First .1 fund debentures 23/4s s i debentures 1999, 27/8s 96% F) 4%s Gulf 101% Co- sinking Compania 99% (B 5s A 105% 100 92 *— . l955__Feb-Aug 76 —: 28 ■ 92% ' 92% 93 1970—May-Sept first external4s Edison 92 ___Feb-Aug —April-Oct mortgage. 3s series L 1977 mortgage 3s series N 1978 First 3s 1975 B ser Columbus First A 99% 97% 3%s series N 1990—_Jan-July mortgage 3'/as series O 2000—_Jan-July General mortgage 2%s series P 1982—.Jan-July General mortgage 2%s series Q 2010 Jan-July General mortgage 2'As series R 1961—_Jan-july AGreen Bay & West debentures ctfs A_, —Feb Inc— series '4%s debentures General 69 ; . 92% 92% 102 100 99% 99% Jan-July Map-Nov General 95%. 102 '/a 95% 0 — 82 4 76'/a 99 Utilities <te General Corp— debentures Commonwealth 1961—April-Oct 1966 System 3s 3%s 4'/2s Map-Nov 1982—____—_______Map-Nov Corp income General • 90 ■' it ...June-Dec first gtd 1961 . first 4%s Realty conv Goodrich 79% 71% 6 Mar-Sept 1985 3%s debs refunding 5s series A Denver Ry. Co— Foods A4s 104 102 . 80 74% *94 & General 85% 82 82% 7 2'A June-Dec 23/4s Line and 3s 1972 1977 Coast mortgage Great *100 90% Rubber & General " Short ♦— 96% 95% 160 90%;. 90 30 90 95% 74 East Worth 1st " Cleveland 76% G 2000— Jan-July mortgage 3%s 1971—Mar-Sepf 81% 94% 78 103% *102 % 103% June-Dec 1977—Jan-July Tire debentures'. AFirst 95'A 5 ' 1993— first Electric First First 90% 91% 95% _June-Dec Jan A ser 3 %s .series mtge debentures 3'As 101%.; 106'A 12 104% 91% Cincinnati Wab & Mich Div 1st 4s 1991—Jan-July St Louis 99% 97%. ' • 90% .....June-Dec General,5s series B Refunding and impt 4%s series E . : 103% 99 2 97 _ 4%s Division first Firestone 100 90% debentures 1961 June-Dec Chic & St Louis Ry— 4s consol inc 78 Jan-July 1974 Mtge 78% 69% *93 100 Map-Nov 1975-ApriZ-Oct : 1959— debs f s 2%s City Investing Co Cleveland series Corp 23/8S City Ice & Fuel "5 {Florida 1982 3%s series E 23/4s Financial Cities Service Co : 72% 69*/a ' Jan-July 1978—_' 60 Terminal— First I 71% 69% Jan-July Gas & Elec 1st mtge 23/4s mortgage Cincinnati - 4%s mtge 74% 79 % First ■■ ■ ' Cincinnati C 93 89% ■ — * mortgage 3'/as series F 1963 mortgage 27/8s series G 1963 Chicago & Western Indiana RR Co— 1st 92% 73 79% Ohio refunding mtge 2%s-4%s 1994.Jan-July 1994 Jan-July First * *86% Ry— 23/4s-4'/4s Chicago Union Station— First "___ Southeastern 74% 79% 73 94% 2015—_April First consol mortgage 3'As series E 1964_April-Ocf First consol mtge 3%s series F 1990„_Jon-July General . 95 95% 99%. 103% 104 % 105% 107 100 104% 85% 90 91 91 Indianapolis Union Ry Co— 12C % Terminal Ry 4s series A 1970 Refunding and imp 2%s series C 1986—June-Dec *90 — 28 The Commercial and Financial Chronicle... (2272) Monday, May 25, 1953 NEW YORK BOND RECORD RANGE Interest Last Period BONDS New York Stock Exchange Sale Price or 1st mortgage 3.20s series I 1982 ^International Great Northern RR— 6s series A 1952— Jan-July Adjustments 6s series A July 1952——Aprll-Oct 5s series B 1956 Jan-July • First gold 5s series C International Minerals Jan-July 1958 f debentures series A 1977 Interstate Power Co— 1st 8ala Price High 100 96 96 A 113 88 102 •— 96 AFirst 88 O O J? — & 1959__/une-Dee 90 90 9 88 % 87% 4 85% *„ *— 89'/a June-Dec 6s 5s certificates 1959 01 96 — E_ 99% 103 96% »«% 111% 47% 53% 100 1 stamped 1954 stamped 1964——. stamped 1974 97% 96% 38 1% 1 1984 Series A 4s fixed 91% 3% 86% 1st mtge 3'/aS 100 ser 82 84 86% 82 1998 Gen 64% 75% 9 71 79% 5 81 % 88% 60 % 60'A May 64 61% 18 60'A 65% 10 64 8 68 * 83 % 86'A 87 — June-Deo gold 97% 92 21 96% 25 98 100% 96 96 100% 101 mortgage 4s lien 101% 99 101 Northern 2%s 79% 97- 10 79% 97 *— 92% 103% *11 Feb-Aug EI 101 98 98 23As 93 98% Corp first mortgage 3s 1966 Metropolitan Edison first mtge 2%s Michigan Beii Telephone *— *95 Minn St & Saulte St Prior lien 5s series *90 ' adjustment 5s *96 A ser Jan refunding 5s series and refund gold 5s ser 1967 A *82 — 4 H *85 5 6'A 88 89 18 89 39 99'A 100'A • 93 Bell — 98% 100% : 100% 25 93% 8 99% 1984 98'A 99 '/a 93 55 66 RR first gold 48 1954 New England Tel & Tel Co— First guaranteed 4%s 6erles B 1961 3s debentures 1982 3s debentures 1974 - — 65 111 105% 2 63% 65'/a 98 59% 59'/a 98 98% 5 60 98 94 For footnotes see pRge 29. E ■" ii8y. nay* 69 98% 59'/a 101'A 102% 100 102 * 96'A — 83 100'A 89% 100'A *82'A 92% 92 debentures 98% 96 96 >* 96 ■ 98% tf 3 98% General Vicnci «4 -- ~ 101 96% 98% 100% ioiy. General 99% 1978 _April-Ocf 92% *91 'A Jan-July 92'A 96 101 y. W1,_ —— Alncoms 100 100% *80 85 109% 99 92 99% 100 y4 — 80 100% 80 101 100'A 67 99 106% 99% 15 68 101'A 66 95 100% 100 101% 100 100 100% 101% 101% 102 93 34 65 93 67 33 *63 93 % 100 105% 100 106'A 101% 105% 75% 64 . / ::?,■■■ 6 66 *83 71'/a 101 82 *85% 88% 93 85% ~ 92% — _E »_ 94% 92 ■— 93% 95 — 89% 93% — 93% 1 89'A 89'A 1 102% — 102% — 90% 92% 93% 100% 87 % 87% 5 *99' 88 95% 95 96 95 8 7'A — — . 94 — — 102% oas'. 99% 100 <« 86 *101 95% 102% 99'A 101% 102 103% 93 95% 92% 101% 92 '/a 95 17 92 100% 93 93% 52 91 89'A 90 18 88 97% 94 90 98% 86 85 *90 22 98'/a 93 5s & refunding First & refunding First & refunding First & refunding First & refunding 95 y. 104'/a .86'/a 86% a 85'A 92'A *__ *90 1st A ref M 3%s ' 90'/a 91 y. — 91 y« 5 90% 90 *95 93y. 99 94% *98'A 101% 89% 1981 . — IA Philippine Ry 1st sink fund 4s 1937 tACertlficates of deposit 99% 102 105% 98% 101 „ 98% 101 88 3 — 90'A 85 100% 88% 101 y. 4 98% 107% 109% 112 102% 103% 87% 20 101 »/2 105% 54 105% 109 y. -93% 933A 167 93'A 98% 93% 93% 21 93% 96% *75'A 75 3A *__' 99% *87 88 85 3A 90 52'A 51 61'A 90 90 98 107 . : *51'/. Mar-Sept 90 Feb-Auy Jan-July 103 ' 90 108 75% 101 82'A 105 - *109 91% 103 9 )U8 9 35% —May-Net May-Net 1978-,-, — ■ 107% 108 93% *89'/. June-Dee *88% 1974,-——.... 1982 • 92 <'■• 88 107 _june-Dee 1967 —— *100'A 101 Apr«-Oct April 1977, — *100 % 103 — —- 92 *99% 102 »A 107% 0-- 2y.s 1971 23As 2%a 2%s 2%s 98 y. 9 2'/a ^April-Ocf ■!, 1974 gold 4%s series O Philadelphia Electric Co— First 95 96 94% —Feb-Any 1990. series B — 13 _Jun«-De« ovuvo April • 101% 96 y« -June-Des 4'As series D 1981. 4s 92 *S1% — — sinking fund 4%s 1888. i/f» .. ■ - 96 . Philadelphia Baltimore Ac Wash RB Oo— 101% 95% 108 ' .„ Pere Marquette Ry 3%s series D 1980 — ■ 109% 103% 104 Aprll-Ocf Aprll-Ocf Mar-Sep* — General 101'A — *96 67% mortgage 4%s series B 1984 -Jan-July General mortgage 3%s series F 1998..—Jan-July Peoples Gas Light & Coke Co— 1st & ref mtge 3%s ser H 1081 June-Dee 87 y4 105% 10 — 95% 100% 120% 108 109% 110 General 91% — — 95% 95 y. 100% __ June-Dso General 4'As series A 1965 '■General 5s series B 1968 96 13 91 94% June-Des 1986 A*/V**.——— 98 98% 9 8'/a 89% *103 — June-Dee 1987 debentures 85 14 89 *90 Peoria & Eastern first 4s external 1860 84% 92% —■■ 101% June-Dec Consolidated 63'A 2 9 2 :,k *100% A3'As convertible inc debs Sept. 1 1960—Aprll-Ocf Pennsylvania Glass Sand 3%s I960— June-Pet Pennsylvania Power & Light CoFirst mortgage 3s 1975 Aprll-Ocf Pennsylvania RR— 1 45 84% 92 *_ ' & Illinois 1st s f gold 4%s 1958—Jan-July Pennsylvania-Central Airlines— 100 83 97 87 0 101% 101% 101'A 98'A 70 95 27/8s 101 y. 100 94 *88% Paducah 106% 107'A 61% 87 96% 118 *98 57 3 June-Des 117% 107% •'25 *90 —: June-Dee 118 106 58'A 92% # June-Dee 1st & ref mtge 3%s ser U 1985 Pacific Tel & Tel 2%s debentures 1988 . Jersey Junction RR gtd First 4s 1986_Feb-Aug 57% 66 Co— 117% 4 15 —-—■ 100 *106% 108 New —— 105% 106% 107% 66% 88 58%" June-Des 105'A 81'A 83 86% 66 —May-Nov 195 May-Nov Afi"-For>t 1979 219 *100 Jersey Bell Telephone 3'/8s 1988 3s 100'A 102 105% 85% 86 *82% 88 3%s debentures 7 80'A *84 *_-. 3'As 296 29 *85% 84% 83% 45 25 June-Dee 96 107 43 June-Des 79 May-Nov New 42 refunding 2%s series Q 1980 83 82 105 78 First & refunding 3%s series R 1982 First and refunding 3s series 8 1983 First & refunding 2%s series T 1976 2 107 101% First & 14 ' 18 82% 24% Feb-Aug 106% 107% May-Nov June-Dec .Mar-Sepf .Aprtf-Od _Moy-Nov 101% 83% 68 " 103% First Naugatuck 3s 1874. 107% 4 64 June-Dei 85 20 93% First & refunding 3s series M 1979 First & refunding 3s series N 1977 First & refunding 23As series P 1981 94% Nashville Chattanooga & St Louis— Corp 1st 3'/8s 1982 National Supply 2%s debentures 1967 82'A 3% 89 9 - 101 % 102'A Juae-Dee June-Des First & refunding 3s series K 1971—June-Des First & refunding 3s series L 1974 June-Dei 82% N Steel . Mar-Sepf 720 3'As UCWVUVUtVO 1981 debentures -Mar-Not Pacific Western Oil 3%s debentures 1964—June-Dee April-Oct National 102'A 65 * 3'As debentures 1983 1955—May-Noc mortgage 3s series B 1986— Fsb-Aug Dairy Products 2% debs 1970—June-Dec debentures 1970 June-Dec 3'As debentures 1976 June-Dec Natl Distillers Products 3%s debs 1974 April-Oct 64% — 8% 2% 1 June-Dec refunding 3%s series I 1868 refunding 3s series J 1970 80 107% 107% Construction mtge 4 V2S series B 1955—-May-Noc Mountain States Tel & Tel 2%s 1986 May-Nov 3 Ves debentures 1978 3s First & 84'A 1958—May-Nov National mortgage First & 91 102% 92 6'/a 8 89 Telephone— Pacific Gas & Electric 104 »A 100'/a 99% 170 2% .89 April-Oct Mar-Sept Oregon-Washington RR 3s series A 1980—Aprll-Oct -- 88 7 2% 1. 68% 102 Mar-flepf mortgage 2%s 1980 1st isi mtge 078& 3%s 1982 79'/a 80 1980—April-Oct Construction mortgage 5s series A Quar-Jsa Quar-Jan Quar-Feb Quar-Feb mortgage_ 2%s 1975— First 84% — 89% 55 April-Oct 2000_^—_.June-Dec 6% ' ' —— — Feb-luy First 7 8'A — May refunding 5s series I 1981—_Feb-Aug Mohawk & Malone first gtd 4s 1991 Mar-Sepf Monongahela Ry 3'A8 series B 19C6 Feb-Aug Morrell f7 • Feb-Aug Feb-Aug May-Nov 1—Jan-July Jan-July Jan-July Jan-July j 100% 100% Jan- July Oklahoma Gas & Electric 2%s 1978 97% 91 100'/a 100 % 1965 AFirst and (John) & Co 3s debentures Morris & Essex first gtd 3'AS _Ja»-July Jan-July mortgage 2%s 1980 93 94 15 101 ——Jan-July Jan-July : Jan-July — 100% 3'As 1982 ' 92 Feb-Aug AGeneral 4s 1975 Mar-Sept AFirst and refunding 5s series F 1977—Mar-Sept .AFirst and refunding 5s series G 1978__May-Noc I AConvertible gold 5V2S series A 1949—May-Nov AFirst 93% *88 — \ — 100% 101 »/2 April-Oct ^Missouri Pacific RR Co— AFlrst and — April-Oct 1962— 100% 1st 90 RR— A ,57% 17 y Co— Ohio Edison first mortgage 95 Marie— 40-year 4s series B 1962 Prior lien 4V2S series D 1978 ACum 100'/a 95% AGeneral mortgage 4s inc ser A Jan 1991 May Mission Corp 33/«s s f debs 1966 June-Dee Missouri Kansas & Texas first 4s 1990 June-Dec Missouri-Kansas-Texas 94% 91'A —Mar-Sept Mar-Sept Jan-July First mortgage 4V2S inc series A Jan 1971 205 first mortgage 2%a 1977 debentures First —- - Co— 1969—Mar-Sept Paul 88% 93 100 91% 91% 3'As debentures 1988 —April-Oct Michigan CentralRefunding & impt 4'As series C 1979 .Jan-July Michigan Cons Gas first mtge 3'As mortgage 27/8s 1969 First mortgage 3%s 1969 37/8s sinking fund debentures 1967 tSAMidland of N J first ext 5s 1940 Minnesota Mining & Mfg. 23/4S 1967 97 100% June-Dec First 6 93% 1974—May-Noc Feb-Aug First mortgage 23/4S 1980 69% 2047 1 93 57 *_. Feb-Aug 1978 Mead 93 98 % *55 Jan-July debentures 79% O 17 93 98 93 89 95 8022—May mortgagejs 1979— Northwestern 89 82 75% 83'/a ... Jan Power 1st mortgage First l 9 95 75% 75'A - (Wisconsin) 94% 89 58% mortgage 23As 1979 M f 89 75% 59% First 89 86% 100 82 First 93 »A 89 82 100 68'A First 100 86 • 1 83 '~2 89 100% 100% mtge 23/4S 1979—May-No» —-w 163 79% 101'A 10 '■1 *84 75% first mortgage 2%a 1974. Feb-Aug mortgage 2%s 1975——— —Aprll-Ocf mortgage 3s 1978. Jan-July 97 86% 83 y8 93% 7 98% 86% 69% 90% 89% 64% 92 83'/. 1980 1997 3s States 57% 1 69 3s registered 2047 Refunding & improve 4%s ser A 3047 Jan-July Refunding & improve 5s series € 3047—Jan-July Refunding & improv 5s series D 3047 Jan-July Collateral trust 4'As 1975 Mar-Seyf 104 3 92 83'/a 1997 4s 59 92 (Minnesota) April-Oct G 2003—April-Oct H 2003 April-Oct (R H) & Co 27/as debentures 1972— May-Nov Manatl Sugar 4s sinking fund Feb 1 1957—May-Noc Manila RR (Southern Lines) 4s 1959 May-Nov May Dept Stores 2%s debentures 1972 s 58'A Ry— registered lien 24 — 1983 Pacific General 66% 60 69% 5s Macy 3'As 64'A 66 60 58% *82 Aprll-Ocf mtge 4s ser A w i 2004 mtge 3'As Prior 76 56% 58'A *59'A *96 April-Ocf Feb-Aug Norfolk & Western Ry first gold 4a 1896—Aprll-Ocf Northern Central general & ref Ba 1974.—Mar-Sept General & refunding 4%a aer A 1974 Mar-Sepf 112% 101 99 *99 Aprll-Ocl ■ 73% 58 Jan-Jtuy A 30C7 ser mtge 4'As ser A wl 2019 2%s series D 1988 Gen 94 99 111'/. — 68 28 60 Jan-July Jan-July —May-Nov. May-Nov 1st mtge 4s w i 1994—. Northern *100 6 59% mortgage 4s General 79% *111 78% 70'A 59'A — 74 71 70 70'A May-Nov Refunding mortgage 3 %s series B 1978—Feb-Aug Refunding mortgage 3s series P 1981: J an-July Niagara Mohawk Power Corp— General mortgage 2%s 1988 ;—Jan-July 68% 64 70 May 10 70% & Hartford RR— refunding mtge 4s cons 72% 59% April-Oct April-Ocf 1978. 1973 B Haven New Term 91% 81% May Jan-Jnly Jan-July Feb-Acg Feb-Ang 1998 1940 gATerminal first gold 5s 1948 93% 72% Mar-Sept 1955—„-ATay-Nov 1st 8%a & West 4s series A 1978 5AGeneral 87% 81% F 2003 ser registered 1997 gold N Y & Putnam first consol gtd 4a 1998. N Y State Electric & Gas 2%s 1977- 93 87% June-Deo 1963 ser 3%s 1982 73% collateral 1954 May-Nov tAN Y Ontario & West ref 4a Juna 1992_Mar-fiept AGeneral 4s 1955 June-Dec N Y Power & Light first mtge 2%a 1978 Mar-8epi 100% 71% St Louis Div second gold 3s 1980 Atl Knox & Cincinnati Div 4s Louisville Gas & Elec 72'A mortgage 3%s registered 1997 Shore 96% 90% 91% 72'A April-Oct 2%s mtge 86% IN Y Susquehanna 8c Western RR— 5 A First refunding 5s 1937 {ASecond gold 4'As 1937 6 *— mtge 78 76 N Y Steam Corp first 3'As 1968 67 May-Noc 1978 First & refund mtge 3%s First & refund refund 70 Hudson River RR— 83 66% Aprll-Ocf Louisville <fe Nashville RR— First & 64% 175 Central & 81 67 1976 debentures 208 293 79% 82% April-Oct Long Island Lighting Co— 1st mortgage 3%s ser D 1976—, 3%s 68 80'/« 87'A 82% May-Nov First mortgage 5s extended to 1979 Lexington & Eastern Ry first 5s 1965 Little Miami general 4s series 1962. ALombard Electric 7s series A 1952 3s debentures 102 74 First mortgage bonds- Interest 2003 debentures 99 'A — 66'A 79 77% 1974—Jan-July 4'As contingent Interest 2003— 5s contingent interest 2003 Lehigh Valley Terminal Ry— 3s -- y, • N Y Telephone Series F Co 99% 104 ' — AGeneral mtge conv Inc 4%s series A Harlem River & Port Chester— - 100% 89 *80 Feb-Aug Series E (P) deposit— 99'A 78 Y 161 I *100% 100% Series B 4'As fixed Interest 2003 .May-No? Series C 5s fixed interest 2003 1.—May-Nov Series D Is contingent Interest 2003 Lorillard of 101'/a 99% 4 72'/a First & (N Lehigh Valley RR— General consolidated 97 99% 100 67% 1st & Y) — extended to mortgage 4'As 97'A —. ~4prU-Oat 79 79 % *— Feb-Aug Feb-Aug Feb-Aug Lehigh Valley Harbor Term Ry— First *95 ' 1954. 7 9'A 4'As series N Lehigh Valley Coal Co— First mortgage 5s extended to JFeb-ln# deposit. Mortgage 4s series B 2043 88% 150 10 1% — Lehigh Valley Railway Co of series A Mortgage 4s series A 2043 88% 99% ~3 99% 96% Mar-Sept Lehigh Coal & Navigation Co— Sinking fund mortgage 3'As ser A 1970—April-Ocl First & ref 5s First & ref 5s 96 102% 1 73% N Y Lack 100% 99% — 150 150 S7% 104% 104% 2 527/a 100 100 *100% First mtge sink fund 3% ser A 1968—--.June-Dec Lake Shore & Mich South gold 3%s 1997—June-Dec 3'As registered 1997 June-Dee 5s , First mortgage 3s 6erles F 1986 N Y Connecting RR 2%s series B N Y & Harlem gold 3%s 2000 Lakefront Dock & RR Terminal— First & ref 102% 98'A — Michigan Cent collateral gold 8%a 1998—Feb-Any 3%s registered 1998 Feb-Aug New York Chicago dc St Louis— Refunding mortgage 3%a series B 1980—June-Des 100% 44 108 52% 52% - Kings County Elec Lt & Power Koppers Co 1st mlge 3s 1964 JAKreuger & Toll *96% *„ Jan-July 1961__Jan-JuZy Jan-July Jan-July Jan-July 1997 Aprll-Ocf Aprll-Ocf 1961 97 Aprll-Ocf 3'As 102 4'As 1961 1961 'As unguaranteed . 1013A 101 101 'A 1987 Stamped 3 .Feb-Anc Lake *90 Kansas City Southern Ry 4s ser A 1975 April-Oct First mortgage 3%s series B 1968——June-Dec Kansas City Terminal Ry 23/4S 1974April-Oct Plain 90 90 June-Dec 89'/a — April-Oct June-Deo mtge 4s 40 Aprll-Ocf Y 93 First mortgage 2%s 1978 1st mortgage 2%$ 1980 4 5%s 3%s Terminal 97% 9i% — Refunding & impt 4%s series A 3018 Refunding & Impt 5s series C 3018 93 87'/a 1st mtge 4s 1990 Kansas City Power & Light 23/4S 1976 1st 97 New York Central RR Co— "" 1976_lfar-6ept 4s 2%s Kanawha & Mich Kentucky Central 96% — 96 — - K Kentucky & Indiana High 105 ■ 98% -Feb-A«# deposit—. General 1st 97 Low 94% 103 _ 99'A — •—: Jan. 1 No. 105 * April-Oat 4%s series D 195#.— ACertificates N Light *103 Bangs Sines Said deposit— 1956 of ACertificates AFirst 100% 93 — & Clear Power 1977- Bends High Consolidated 4s series A 1998 Jan-July 1980 Franklin of serleB C 5s Certificates a J Jamestown Certificates AFirst 107 80 47 96 '85% Jfar-Sept mortgage 3%s 1978 Jersey Central Ucx-Sept —J an-July May-Noc INew Orleans Texas & Mexico RyAFirst 5s series B 1954 79 112% 103 — . 3%s Terminal Orleans New 120 65% 101% — New Jersey Power & Light 3> 1974 New Orleans Great Nor 5s A 1983— 101 13 Friday's Low 109% 108 45 69 3A or Bid A Asked . __Jan-July 1972—May-Nov s 1st mortgage 3s Last Period Chemical Corp— & 3.65s conv subord debs J977 Inter Rys Central America 1st 5s B Interstate Oil Pipe Line Co— 3V»s ; 103 % 104 '/a "103'A Interest 100 — 68'A 69'A Week's Bangs BONDS New York Stock Exchange Low 62 109'/a HI 109'A A First A 22 Jan. 1 No. High "98 A First A MAY Range Since Sold 100% 100 100 'A Mar-8efct —Mar-Sept 1973 WEEK ENDED Friday Bonds Friday's Bid Si Asked Low Inland Steel Co 3^5 debs FOR Week'* Range Friday Feb-AUf Jen-July Jan-July *90 107% 104 18 91% 2 95 % 21 107 88 3A 97% 95% 87 3A . __ 92% 97% 23% 97% 95 '/a 87 y* 90 — 110% 103 97 94% 97 103% 22% 23% 83 17'A 23% 23 y. 23 y. 33 16% 23'/a Number 5223... The Commercial and Financial Chronicle Volume 177 (2273) NEW YORK BOND RECORD FOR WEEK RANGE Week's Friday BONDS New York Stock Interest Last Period Sale Price Exchange or Feb-Aug Friday Bonds Friday's Bid & Asked Low Phillips Petroleum 2%s debentures 1964 Pillsbury Mills, Inc 3Vis 8 f debs 1972., June-Deo Plttsbgh Bessemer <Sz Lake Erie 27/bs 1996—June-Deo Sold No. High 94 Ve 94 '/« 4 95 95% *94 *94% P ser *100 94% 100% Consolidated guaranteed 4Mts ser J l964_May-Noy Pittsburgh Cine Chicago ft St Louis RR— *109'/8 General mortgage 5« series A 1970 General mortgage 5s aeries B 96% General 3%s debentures 1965 Pittsburgh Plate Glass 38 debs 1967 Pittsburgh & West Virginia Ry— 107% Texas 107 Texas ft New 103 82 Public Service Electric 96 99 Va 48% 53% 13 3s debentures 100% 100'/a 100Vi ■ 101 98 v 94 99 100 *99 98 94 96 Jan-July Afar-fiept 99 56 99 *99 Va — 97% 132% * 97 7 *85% D 1977 99% 84 16 98% (subord) debentures 1969 1st gold 5s 1st gold 4s 1968 i Service debentures Oil debentures 1980 74 100% 43 64 106% *— S conv 77% 95 99% 85% f debs s 97% 177 100% 109% 118Va 104 Va 112% *90 : 1982 ■ ' —-, 90 *99 - 101 *.93 „ 93 93% 97 97% 3 97 90 90'A 5 89% 93 28 April-Oct 97 97% „ April-Oct coll trust 7s 98% 93% 101% 32% 10 1941—Feb-Aeo 90 "A 96% 96 Va 101% 1983 Jan-July Jan-July 97% 96% 98% 401 June-Deo C6% 86% 86% 5 95% 107% 96% April-Oct *105 110 98 86 Va 92% Rubber 2%s 1987 Indiana Ry 2%s 1994... Southern Natural Gas Vis conv 92% 92% 85 % 85 Jan-July 1973 i First 4 Vis Gold 4 Vis 4 Vis (Oregon Lines) 73% June-Dec A 1977_! 103 103 73% 1st 101% 73 231 101% 102% Afay-Noy 1981 100 % 100 80% 103 104% 76 100% 105 Va 116 99% 105% 64 98% 103% 5 96% 98 85 Afay-Noy mtge 3%s ser A '75—June-Dee First mortgage 2%s eeries E 1986 First mortgage 2%s series F 83% 74 80 92 95% 113 120% 99% 99% 100 98 98 98 58^1994 Devel and Devel and general 8s series A 1956 Devel and general 4s series A 1956 Orleans Joint Southwestern Northeastern & 3%s 1977 Bell 2%s 5s Coil Standard 3 Vis Products Oil Co debs 101% 102 31 101% 103% 107% 107% 12 107 Va 109 108% 108 Vi 47 107% 102'/a 110% 113% 15 ; 102% *__ debs 1985 4Vis 2013 98 89% 96% 27 79% 81 88% ^ ~ ' " *" — *— " ' * 101% 104 Va 2 98 Va 104% 102% 105% 19 102% 103 *-_ — —AprII-Oct ' r , 86 '85% 1 *— 95 23 100 Va 100 Va —- 102% 91 Mi ' 1 101% 102 —— • ; 102% .Jfay-Noy 93 'y 102 "A L.-. " ■ 97 93 Va —— 92 Va 90% 92% 93 95 - 97; '' 1889—Jfer-Sept 95 95 ' 2 *95 6 97 85% 96 93 Vi 102% "5 66% 95% 7 94% 101 Va 100% 101% 353 98% 112>/a 66% 67 95% 67 April 73 June-Deo (Indian*)- convertible debentures 1982 , 101% • 86% 89'A *__ — 99 , — . —— • *11 ' ' 104'A 95 — 102 101 94% 92% 102 101% 95'/a *102 Va 105 ..w' Y* ■' 102 *94% 94 99 . 89% *__ 101% - 99 *87 — • 105 102 102 99% 21 *35% 86% *94.„ 99'A 95 *__ 87 78 78 93% 86% 4s Income series A Jan 1881 Income 4'As series B Jan 1981 First 100% 85% 10 93 Va 78 85 Va 88 April April Feb-Noy mortgage 3%s series B 1971 Walworth Warren 3V2S Co debentures 3 Vis conv Petroleum Corp— (subord) debs conv Ifay-Noy 1870 1966 — Warren RR first ref gtd gold 3%s 2600 Washington Terminal 2%s series A 1970 *I_ 76% — Aprll-Oct 111 111% 55 *55% 97 101% General mortgage 3s guaranteed West Penn Electric 3%s 1974 1978 West Penn Power 3%s series I 1900 West Shore 4s first registered 2361 Western Maryland Ry 1st Pacific RR 2Vis 3 V2S Winston-Salem 3s 1858 first 4c 1900 mortgage S B {Wisconsin Central S A First 98 102% 101% 105 Va 63% 61% 116 101 Va 12 „ 68% 67 61 99% 104 106% 105 — 95% 94% *w, 92 99 1 90 93% 100 .. — 96% '■ 99 of 101% 97% 98'/a 98% 40 97% 104% 98 Va 98% 99 27 98 101% *101 Va ~ — — ' — 64 '/a 63 8 78 64 76% 63 81% 77% 77% Jan-July 1949 deposit 101% 95 28 98 Va 97 *„ Ry— general 4s 104 38 90 Mar-Sept Mar-Sept Jan-July ——May-No» —Aprll-Oct Jan-July 101 Va 44 95% 90 96% 95 — — —Mar-£epf 1965 first 95 9 10 101% 102'A 101 % Jan-July 1971 debentures 104% 40 Electric Corp—-1 mortgage 3'As series D 1967 Wilson & Co 99% 95 98 *92% Wheeling & Lake Erie RR 2%s A 1882 Wheeling Steel 3%s series C 1970 First — — 61 — Ifar-Sept 5s 1960 -— debentures series A 1880— debentures 57 • — 19 65'A 64 Va *104% Jan-July ser 30-year 4%s W 101 61% 1st 4s ser A 1969—April-Oct 1976 May-Nou A 1981 Telegraph Co— Union 114% Co— & ref mtge 3%s 1st ■ 93% 98 mtge 4%s series B Western > 101% 101% 64% Jan-July Jan-July guaranteed 2301 4s Afay-Noy May-Now —Jan-July 105% 54 98 101 'A 102 *__ 81'/a 79 59 *__ Feb-Auy Feb-Aug Westchester Lighting gen mtge 3Vis 1967—Jan-July I ASu & Du div and term first 4« 1936—May-Noy deposit Wisconsin Electric Power 2%s 1976 a Certificates First of 80% mortgage 2Vis June-Dcu 100% ..Aprll-Oct 63 63 89% 91 i 94 1 101 94 e-4 o 94 —. Jan-July Tonkers Electric Light 8c Power 2%s 63 8 Ifar-Sept 1979 Wisconsin Public Service 3%s 1971 67 36 93% *__ — — 1876—Jan-July —— Included In the year's range, d Ex-Interest, e Odd-lot sale not Included In the year's range, n Under-the-rule sale not Included in the year's range, r Cash sal* not Included in the year's range, y Ex-coupon. SNegotlabillty Impaired by maturity. . _ — . {Companies reported as being in bankruptcy, receivership, or reorganized xnder Section 77 oi the Bankruptcy Act, or securities assumed by such companies. . •Friday's bid and asked prices; no sales being transacted during current week. ABonds selling flat. Deferred delivery sale not . , Inc— 1967 102 *100 *101% 103'A April-Oct 1958 5s Gen mtge a 87 87 Aprll-Oct Afay-Noy Co 109% 110% Jan-July 1983— subord conv 101% —May-Nou ASpokane Internatl first gold Standard 113 94 RR— . Tel 3'/as debentures 113%; 76 Aprll-Oct April-Oct general 0Vis series A 1956 Memphis Div first gold 5s 1996, New 96% 99% Co— ACerticifates April-Oct 1961 consol gold first 1970— Gen mtge 85% 76 100"% Jan-July Jan-July Jan-July Jan-July 1996 First mortgage 2 Vis series G Ry 102 V* 90 W Wabash RR Southern Pacific RR Co— Southern _AprB-Ocf 1967 consolidated First Westlnghouse 104% Jfar-Sept 1969 San Fran Term 95% 207 93 80 % Virginian Ry 3s series B 1995 lfcy-Noy First lien and ref mtge 3 Vis ser O 1973—April-Oot 92 90 Co— w ~3 95% *90% " mtge 27/»s ser G 1879—June-Dm First and ref mtge 2%s ser H 1980 Mar-Sept 1st mortgage & refund 3Vis set I 1981—June-Dec 1st ft ref mtge 3'As .ser J 1982 Aprll-Oct Virginia & Southwest first gtd 5s 2003 Jan-July 97% 85 *__ Pacific Co— Southern Gold f debs s Feb-AUf Afar-Sept First and refund 111 111 92% Jan-July Southern 4 3%s 1972 debentures debentures Western Bell Telephone ft Telegraph Co— 3s debentures 1979 Jan-July 2%s debentures 1985 Feb-Aug Southern debentures 92 100 93 99'A 100 >A RR consol gtd 4s series A 1868—Feb-Aug sinking fund series B 1867— Mey-Nov Virginia Electric & Power Co— 101% 100 V, 5 105% 108 % Afay-Noy Skelly Oil 2"As debentures 1965 Socony-Vacuum Oil 2 Vis 1976 South & North Ala RR gtd 5s 1963 2%s 105 88 100 ■ Ifar-Sept Jan-July —Jan-July Feb-Aug 1972 95% 112 98 109% 109% 108% June-Deo 1971 debs 1 — *93 —. June-Deo Corp 95% Consol 86 111 96% *96'A 97 % 70% 89% 88% 109% 100% 84 95% *102 Mar-Sept f debs e 100 2 — 1866—Aprll-Oct 1977 1st mtge 8c coll trust Corp— subord 3 vis 86% 97 „ 95 88% Mar-Sept 1974 {§ASilesian-Amer 95% Aprll-Oct 1977 Pipe Line 3.20s America 2%s of 1st mtge & Coll trust 3%s 1971. RR Co— Shell Union Oil 2%s debentures Sinclair 81% 96 *77% — 1989—May-Noe Seagram (Jos E) & Sons 2%s 1966 3s debentures 96 *73% . June-Dee 1971 England 1st gtd 4s mtge 3s series B s 14 *95 —— May-Noe 1989_Jan-July Papey 3s conv debs 1977 3%s 81% 96 Aprll-Oe! Depot 3%s B Air Line 99 •*90 First and refund mtge 2Vis ser E 1978—Ifar-Sept First and refund mtge 3s series F 1878—Afcr-Sept 1996-Jan-Juiy 4s inc bond certificates Nov Seaboard 81% *95Vi Mar-Sept Bt Louis-Southwestern Ry— First 4s bond certificates 1989 Scott 88 100'A Vandalla 81% Jan-July mtge lnc 4%s eeries A Jan 2022—..May & New ' 100 88 —— Jfay-Noy Universal Pictures 3%s debentures Afar-Sept Second gold 6s 1996 V Afay-Noy United Gas Corp 2%s 1970 103'/a 94 6t Louis-San Francisco Ry Co— 1st mortgage 4s series A 1997 Bcloto 100 *— June-Dee 1970 1972 1976 Biscuit Co 3Vis 96% 98% Mar-Sept Saguenay Power 3s series A 1971, cons 87 ::r';:v mortgage 4%s series Union 98 65% — June-Dee Refunding mortgage 2%s series O 1891 United 201% 98% b 88 98% Jan-July General mortgage 3Y«e series J Paul 19% 94 ' Electric Corp— Bt Paul & Duluth first 95 Va __ Ifay-Noy California 2%s debs R Bt *— — Ifay-Noy 1968 debs conv 2Vis 102% 195 June-Doe 3Vis 101 % 98% 131% -98% '128 Reading Co first ft ref 3%s series D 1995—Afay-Noy Reynolds (R J) Tobacco 3s debs 1973 Aprll-Oct Second Afar-Sept 96 Union Pacific RR— Co— 987/e Union Oil of 2Vis A Second 1861 1st mtge ft coll tr 2%s 1980 1st mtge 3Vis 1982 U St Lawrence & Adirond'k debs *94 mortgage and coll trust 2%s 1878—Aprll-Oct 4Vis General 2Vis Corp debentures 3s 96% 93% May-Nee 1968—Jan-July refunding mortgage 5s 2037.—Jan-July First and refunding mortgage 8s 2037 June-Dee First and refunding mortgage 3s 1972—Afay-Nor First and refunding mortgage 27/«s 1979_June-Dee Rochester Gas & and lmpt 3Vis 1860 U First .Feb-Aa. Quaker Oats 2%s debentures 1964 June-Dee ' 100% 1964—Jan-July ; 3%s 1974 Union Electric Co of Missouri 3%s 1871 Afay-NOT 1972 Ohio Cent ref 104 104 104 Vi 107 June-Dee 1963 debentures Tel & June-Dee and 33/«s 99% Trl-Contlnental Fii6t and refunding mortgage 3%s First 96% Ry— Mar-Sept dt Gas 96% 103% 76 10 1956 98 Va 26 97 48 31 Pacific-Missouri Pacific— 18 96 Vi 3s 1983 99 Va 126 51 Aprll-Oct Terminal 98% 122 17% 1960 mortgage ™ 97% 87% ' . 50 % 4%s series C mortgage 2%s 1984 9 117 17% mortgage First Jan-July 97 88 *114 50% First First 1886. 95 87% , — Jan-July 3 Providence *92 88 June-Dee April-Oct June-Dee 97 3'As 1977 Aprll-Oct 102% AAdJustment Income 5s Jan 1960 97 mtge 101 Term RR of New Orleans April-Oct 1st 3Vas series B 1876 3%s series O 1890—Aprll-Oct 96'A 99% 36 {Third Ave Ry first refunding 4s 1960 1959 Potomac Elec Power First and refund M Texas & Pacific first gold 5s 2000 General and refund M 3Vis ser I 115% 93%. 99% 100 series B debentures 93% 99% 100 4 Via Income 103 *— Orleans RR— 97 mortgage 5 Vis *103 99% 102 First Co ~~ 97% *95 Plantation Pipe Line 2%s 1970 97'/. 91% 98 June-Dee * 94 % 97% , 98% 1958 Feb-Aug 95 Va 1 99% 99% A First general 5s series B 1962 96% 92 92 97'A 9C Texas series First general 5s series C 1974_„ First general 4%a series D 1977 Joh-Jcly Aprll-Oct Ifay-Noy Corp 3s debentures 1965 First and refund M 101% 100% mortgage 4%s Pittsburgh Youngstown 6c Ashtabula 19 92'A *93 High 87 96'A *— Jan-July May-No® Refund and lmpt M 4s series O 2018 Refund and lmpt 27/as series D 1986 86 100% First Pittston 1972— 1973 f nW 2 % *— — Jan. 1 No 88 Vi 91 Range Since Sold Terminal RR Assn of St Louis- 103% 82'/a 88 91 Jan-Ju<y Bonds Vwh 106 109% 100 Vi 88% Jan-July 2%s debentures debentures 109% 100% 100% Aprll-Oct & Co 2Vis 108 82 Va Friday's Bid & Asked 104 109% 104 *__ 100% debentures 1974 105 104 Jan-Jaif (N J) debentures 2%s 1971_Afay-Noy — 104 May-No* mortgage 8%s series E 1975 2 Oil Sunray Oil Corp 2%s debentures 1966 101% 103% 105 Va — 109Vi 109 Vi Apru-oct ADrlJ-Oci, Plttsb Coke & Chem 1st mtge 3%s 1964 Pittsburgh Consolidation Coal— 101 — __ *104% —Jane-Dee 1975 2%s 99% 96% — *103% or Sale Price T.nw Standard Swift 1953—June-Dee Consolidated guaranteed 4s ser G 1957—May-Hoy Consolidated guaranteed 4s ser H I960—Feb-Aug Consolidated guaranteed 4 Mrs ser I 1963__Feb-A*f Week's Range Last Period Exchange High 98 96 Vi New York Stock Jan. 1 Low Interest BONDS Range Since Pittsburgh Cincinnati Chic 8c St Louis Ry— Consolidated guaranteed 4s MAY 22 ENDED Range . „ . w AMERICAN STOCK EXCHANGE WEEKLY In the following extensive list AND YEARLY RECORD complete report of the transactions on the American Stock Exchange for the week beginning Monday, May 18, 1953 and ending Friday, May 22, 1953. It is compiled from the report of the American Stock Exchange itself, and is intended to include every security whether stock or bond in which any dealings have occurred during the current year. • furnish we ~ . Last RANGE . Week's Friday STOCKS a FOR WEEK ENDED MAY 22 Friday Sales Range for Week of Prices Shares c Sales Week's Rang* for Week of Price* Shares Last STOCKS ' American Stock Exchange Sale Price Par ABC Vending Corp ACF-Brill Acme Motors Low 1 warrants 9% , , „ —1 —10 Adams Hat Stores Inc 10% 9% % % 26% 27% 2% 6,300 2% 5 ■ — — 1 5 * 900 A 200 Supply Manufacturing 7% Jan % May 4% May 2% 1,900 25% Apr 3% 1 200 1 Aero Low 26% .... Aluminum Allova Acme Wire Co common High Range Since Jan. 1 2% 10% May AJax Petroleums Jan Jan Alabama Power 4.20% Feb Alaska 4 Mar Apr 3% Feb All Airlines Ainsworth Air Manufacturing Associates Inc — common- (N J). _ 5 w 11 1 A 7% Air-Way Electric Appliance 3 13% 11% 1 14 14 see page 33. " '■ 11 10% Airfleets Inc For footnotes —' -- American Allegheny : 7 Va " 2,500 100 13% 2,100 14% 400 8% May 9% Jan 6% Jan 9 Va 8 V. 11% May 14»A 12% 15% Apr May 13% Mar Feb 1 Inc lOo 1 Allegheny Corp warrants Allied Feb Altes Products stock—1 (Mich) common 5 Brewing Co Low 19,600 5% 90% 75 5% 1,100 Apr High 1% May 109% Jan Jan 90 May 99'A Mar Jan 6V» Mar 4% Jan 2% Jan 2,500 2% Jan 3% Jan 13,300 2 j*« Jan 3% Mar 2% Feb 750 25'A Jan 30% May 600 2% Jan 3% Mar 400 2 2 2% 2% 2% 3 2 iti 1% 6% cap 1 1% 103 5% 1 Alles & Fisher common Jan 1% 2 !?r Engineering Co Allied Internat'l Investing 1% 90 preferred—jcJOO Inc Airlines 1% Range Since Jan. 1 High 50 Alabama Great Southern— 1% Jan 50c Ltd 6% 29 L oto Far High ' • Agnew Surpass Shoe Stores Sale Pric* American Stock Exchange 30% 29 3 30% 3 Jan 7% Mar 3% Apr 2$ Financial Chronicle.. The Commercial and 30- - Monday, May 25, 1953 (2274) AMERICAN STOCK EXCHANGE FOR RANGE Week's Last Range of Prices Shires Sale Price Low Par Aluminum Industries * Air Filter 5% Book Co Hard American 87% May 600 23 Jan 700 % Apr 1% Jan 1% May Jan 10% Mar 12% Jan Century Electric 23% Jan Apr 100 21% Jan 25% Mar 4% Feb 6% Mar 25 25% 200 23% Apr 61% 61 62% 7,100 16% 15% 16% 550 4% 4% 4% 1,500 4% Feb 25% American Natural American American Thread 5% American 10 2 5 5 5 Writing Paper common preferred Development class A Post Products 9% Jan 11 9% Feb 20% 2% 2,300 2% Apr 300 8 % Feb 10 10 15% 16% 125 7% -£1 73/s 900 Angostura-Wupperman — 1 Manufacturing Co 16% May 16% 600 13% May 99% 480 98 10% 10,000 18 % 5,300 17% May 10 9,900 9% May 12% Feb Coastal 114% Mar 117% Feb Cockshutt Farm 24% Jan Colon Development 53% Jan 9% 9 % • Armstrong Rubber Co class A 4% % convertible preferred 21% • 20% 2.50 47% 50 19% _5o _ Aro Equipment Corp Associated Electric Industries— 21% 47% 21% 20% 2,000 1,100 7 % Jan 21% Apr 47% May Jan 14 Jan 109 10% May 24% Mar 22% Mar 10% £1 1% 1% 1 _ Atlantic Coast Line Co 680 159 150 159 _• 500 1% 150 102% 1'03% 50 6% 7 Corp warrants Automatic Voting Machine Ayshire Colleries Corp common 12% 13% 4% 4% 100 10% 103/a 400 18% 18% 200 18% 3 1% Apr xl00% May 3,300 13% • Jan 6% 1 , Automatic Steel Products Inc. 10% Mar Jan 128 8,200 7 1 Atlas Plywood Corp..—__„A; i'e 300 l'ff class A—__ Feb Apr Jan 4% May aA 2 3/8 Jan 116% Jan 7% Jan Mar 15 5% Mar Mar 18% May 21 Mar 11 9 Jan May 159 = ; Jan A--— ... . Baldwin 1 13 10,000 14% 900 100 13 13 3% 3% lc Corp 13% 13% 1 common Securities 5% 5% _ Baker-Raulang Company Baldwin Rubber 3% 4,800 4/(f May 13 % May Jan 13 3% Jan Jan 6 18% Jan 13% Mar 4: Mar 6% Ltd 50c Barcelona Tr Light & Power Ltd Barium Steel Corp Basic Refractories Baumann (L) "7% 5,800 400 11% "l% 50c 5% 1 common (A S) Shoe Corp Beckman Instruments Inc 5% i Bell Telephone of Canada common Benrus Watch Co Inc Blumenthal (S) & Co common Bohack (H C) Co common 39% 6% Feb Apr 17 Jan 8,200 600 3% ; 39% 400 13% May Jan';, 3'/a 38% Apr 6% Mar 40% Jan 11% 300 10% Jan 13 Mar 100 36% Jan 46 Feb 10% Jan 12% Feb 500 14% Jan 16 13% Apr 4% 14% 14% Apr 5'A Jan Feb 10 % Feb Apr 10% Mar 10 9% 1,000 23% 23% 86 86% 19% Feb 24 Mar 60 24 86 5 84% Jan 90 Mar 3% May — —V/ 4% 4% 100 2'/a 2% 103/8 10% 10 3/8 ; V 800 5,300 53/4 5% 5% 800 5% May 7% Mar 100 23% May 25% Mar 20% 24 1% .• • 23% — 24 • common ii% • 17% 18 3A 2,900 rets ord bearer £1 __£1 dep rects ord regular-.—10s Apr - 3% 1,900 36% 36% 100 8% • 8'A 200 7% Jan 9% 9% 1,500 9% Feb 3 3% 9% 90 493/8 493/8 13 133/a II—1 13% cumulative junior preferred- —10 Brown Rubber Co common .1 63/8 14% 13% Bruce 17 17 Distillers .. common ... , 2.50 Bruck Mills Ltd class B * 75" Burma Jan 33% Apr 800 common.... 47 Apr 12 Jan dep rets ord shares 20% $6 Atlantic Sugar common——5 Curtis Manufacturing Co Day Mines 12 %c Products common. Estate 50c * California Electric Power • Calvan Consol Canada Canada 6 % Fire Oil & Dejay Stores common 8% 19% Southern debenture Steel Canadian 2,300 Canadian Canners Canadian Co American Dobeckmun Ltd Dominion Textile Co Ltd 10% Mar Douglas 5,400 14% Apr 19'A Jan % % 7,300 T?e Jan % Jan 400 3% Jan 4 3% 4 4 3% 3% 300 3% Apr 3% 12 9% (A M) Co Catalin Biscuit Co common U % 9% 12 10 2,800 5 Jan 5,300 4% Mar Apr 5% Jan Apr 11 15'A Jan see Oil patre Drilling & Exploration Co Harris (Allen American Test Corp Jan Apr 12% Mar Jan 6% Mar 6% 2,900 4% May 25% Apr 26% Mar 14% 3,000 13% 15% Feb 6% 400 8% Feb ~3% 1 3% 80 • 3% 200 81% 225 109% 110 1% 1% 1% 20 6,200 Apr 6% May 3% 75% 108 . Jar Feb 5% 4% 83 Jan 2% Jan 4%% £1 5% 4% xl7 5% 4% 4% 700 16% 17% 2,400 5% 5% 1,500 Feb 4 Apr 16% Apr 5% May 28 __ __ — 1 Mar 7 May 5% Jan 17% Mar 6% Jan Feb Feb 25 31% Mar Apr 40 Jan 8% __ Jan 34% 2,100 — Jan 10'A Jan .8% Jan 10 Jan ,5« % 400 " Feb % Jan 9% 9% 600 8% Jan 10% Jan 8% 8% 200 8% Jan 9% 17% 17% 17% 200 17% May 18 Feb 18% 18 18% 3,500 16"% 21% Jan 5% Jan 70 % x69 70 % 3,800 68% 76% Jan U 2,200 % Apr '1% Jan 6% Jan 7% Jan __ „ . : 4% % % ■ Apr Feb Jan Apr V 6% 24% A . 1,400 9% Jan 13"% 100 13% Apr 14% Feb 1% 1% 24% 170 100 1% Jan 2% Jan 150 24 Feb 27 10 170 Jan 180 11% 2,500 10% Apr 12% Feb 17% 450 14% Feb 18 Feb 5% Feb 13% ( 10"% 13% 1 .A;- 7% 10% __ 1,100 Jan 24 170 10"% 11 17% 17 1 __ • 11% Feb Jan 6% Feb Jan 16% Mar 6% 6"% 400 6% Jan 25% Jan 27% •— 5% 6 300 x5% Jan 6% Feb — 1% 1% 400 1 j0g May 2% Feb 28 % Apr 6% ~r* • ■ •— 7% Mar Feb Feb 33 6% Apr 7% Mar 14% Jan 17% Mar 15% 300 139 139 13% 13% 1% 1% 100 12% Jan 800 1% Jan 15% 15% __ 1% 10 Jan 137 145 Apr 13% May 2% Jan 3 25% 300 2% Jan 3% May 25% 200 24% Apr 29'A Mar 11% Apr 12% 2% 2/c 34,400 3 3 - 2% Jan Jan 2% Mar 3 2% - Jan 2% 6% 6% 5"% 5% -— .,12% 11% Mar Apr 25% 61 a 2,300 Feb 5% May 300 6 Jan 18% 1,400 Jan 8 % Mar 6% Jan 80'A Mar 13% 700 8% 1,400 5% 500 82 12% May __ 12"% Feb 9% 16% Jan Apr Feb 8 5% __ May 9'A 10 8 - Apr 10% Jan 6% Apr 5% May 400 8% 15% Jan 500 ,__1 Assn common prior preferred 29% Jan 1,600 16% Apr 7% Mar 16% Feb 38% Mar 20 Mar 8% 8% 3,100 9% Apr 35 % Feb 40% Jan 33% 35% 1,400 32 % Apr 35% Jan 14% 14% 15 4,900 14% Apr 17% Jan 4 200 3% Jan 4% Jau Apr 14% Feb 3"% ._ — __ 5% __ 30 29% States .10 13 — 5% 100 5% May 700 30 10 25 Corp 1 preferred series A 6'A Mar 33% Mar 25% Jan 10 Apr 13% Jan 64% series B • 5,200 67% 225 Apr 74 Feb 26% May — Eastern Sugar Associates— Common shares of int .... Easy Washing Machine class B Manufacturing Co Equity Corp common $2 convertible preferred Esquire Inc Eureka Corporation Ltd 3,000 7"% Jan 128 % Jan 165 Mar 25 116 Jan 150 Mar 1 26 Jan 32 27% Feb 30 % Mar 133A Apr 16% 30% 30% 30% 800 15% 14% 15% 3,400 25% 26% 12,400 11% 12 30 *, 5 .1 100 26% 11"% 1 10c 33% 1 1 t 1 ->V — Jan Apr 500 100 5% 5% 1 1/r 12,100 % 7% May 17% 24,400 2 iV 10 Jan 10 3A 100% 33 % 2% 1 23 % 20 19 % 2'/a 33% 19% 5 ^ 400 103 103'A 7% 7% __ Warrants Eureka Pipe Line common.: 10% Mar 10% 9% 143 % \ beneficial $2 preferred 30% Mar 143% 143% 9% * preferred 10% 66% 10% 100 Malleable Iron Emsco Apr 27% Feb 1% 7 E Eastern Gas & Fuel Electric Bond & Share common 1% May 8% 5% May __ __ • Electrographic Corp common Empire District Electric 5% pfd Empire Millwork Corp Jan % __ Feb Jan 14 % Mar Apr ig Mar ,27% , 1 Jan 114% 35% May 7% Jan 1 % Mar £1 Apr May 2s 6d 1,300 5,500 * $6 4% 14% 11% May 8% 17% Potash Co Eastern 14 11% 7% 22% 6% 1 Eastern 14% 11% 8% __ 17% common 29% Mar 9% I.♦ 1 "11% May 15% > Feb 25 37'A Co Duval Sulphur & 5/g 1% __ __ 10c (The) 5 11% Apr 11% May 20% Hosiery class B-common 4% 2,900 11 9 'A Mar 2,700 12% 17% reg Durham 4% 1,800 13'% Jan 9 21% Mar Ltd— dep rets ord Duraloy 27% 2% Mar Feb 11 37% Class A common Dunlop Rubber Co Duro 4,400 15% May 18% Mar 10% Feb x77 Jan 11% Jan Laboratories— B) Jan 39,900 Jan 12% * Feb 5% Jan 8% 900 10 Jan 10% Jan 4% 1% 4,900 16 38 .... 6% ig 8% 19% 14'A 21 % Feb 14% May 2,100 19 16 Co 10% 5 4,400 16 Power Co 25% 9% 8% 15% 1% * Apr 5% May 5% 1% -—10 x9% 10% 14% Apr May 10% 19 __ __ • 22 % May l 600 22 % 1 250 « 33 400 __ Jan 3% 1,100 4% * common Company Brewery Ltd Dragon Cement Co Inc Draper Corp common.. 14,400 _io Corp of America 11% 193/4 — Ltd.;—.* 5% l common & Co For footnotes Co 22% _• pfd American dep rets A ord American dep rets B ord.. Casco Products Chemical & stock... ord 5% Carreras Ltd— Castle Coal Dow 1G 20% 67% 11% 19 25% Feb -14% May Jan 6,900 • 22% 2.50 common 18 26% 1 5% ...19.50 Carolina Power & Light $5 200 25 2.50 Corp common 22% 1 Carman & Co Carter (J W) common $7 common 18% I< 10'A 800 15% loo Carey Baxter & Kennedy Inc 18 1 > Tar * common 7% preferred Carr-Consolidated Co Dominion Jan Jan 5% 14% May 4s reg Steel & Canadian Industries Ltd— Co rets ord dep Exploration Ltd ~9 % 1 Canadian Marconi Carnation 25c Dominion 9% May Jan 5% Feb 300 1 Ltd Diversey (The) Corp 93/a 2 Ltd Dredge & Dock Co Ltd Capital City Products Capital Transit Co Oils 20% May 8% Jan Apr 35% Apr 14% 10 Bridge Co Ltd.; Jan May 5 14'A .; Jan Apr Ltd— Dominion common Ltd Oil Co Domestic Finance 17 5% 10% Mar 3% 10% ..1 : Devoe & Raynolds class B Devon-Leduc Distillers 14% 20 Atlantic Mfg Co Dome 8 6% May 30 30,000 11% ...1 Products Feb May 700 200 43/4 5 Apr 15 Jan 13%. 5 Foundry Apr 16 8% 5'A 8% ——100 Manufacturing. 1 & Iron 19% 12% 300 * Oils 31% 5% 200 Apr 17% May Jan Feb ^50c Mfg class A common 14 % May 3,500 20% 35 : 1 Co Bread Co Ltd Cement Co Ltd 30 ,19 10c : 5 Gas Insurance %, preference Canada 1 Feb 14% 1 Calgary & Edmonton Corp Ltd Camden Inc Hardware Mar xl4 4% 4"% 13% May 10% 1% 1 2.50 Inc Dayton Rubber Co class A DuMont Sugar Brothers Detroit 50% Mar 9% 36 16% May 1,200 9,200 (Mo)—.—5 Crystal Dairies Inq Davidson Detroit Jan 2,000 Jan 42 Feb Feb D Apr 8% May 17% 5% 5. \ io% 2.50 Lighting Inc common— Gray 12% Mar 100 Feb May 8% Apr Jan 9 __ 15% ——* Curtis Duke Electric 4% 10. preferred Cuban Cuban Tobacco common—.— Driver Calamba 5% * Drug Co common ——25c Crystal Oil Refining common— * 15% -3s 6d Burry Biscuit Corp Cable 16% __ —5 partic Crown 6% May 5% Ilioc ... "A" Jan 1,100 / 7 9 _ (Md)__ Petroleum Internat'l Gasket Mines Ltd— American Cent Cork Mar 3% 37 1% 100 1 /../;• 7% —.... Crown 9% May 63/8 «... preferred 88% May 17% preferred convertible Crowley Milner & Co Crown 7% May 6% * Buckeye Pipe Line Budget Finance Plan 150 88% 90 * Bunker Hill & Sullivan 2% 25% May 9% 4% :— Company Detroit 15 % Mar Jan Feb ii May 9% 19 5. —__1 Petroleum (The) Davenport Hosiery Mills ' 1 * 4% 60c Croft Daitch 14% 22 % dep receipts (ord reg)—£1 American Creole. Jan Feb 100 74 Courtaulds Ltd— Jan Jan 111/2 Mar Jan 70 2,700 11% 1 common 3% 22% Jan May 9% May 75 14% 1 Reynolds common Petroleum 7% 1,600 24 5c —- preferred class A——.——* $1 Cosden Jan 4% _——* Corroon & 7% ; Inc 11% 13% Mar • ... $5 convertible preference $3 2nd preference 7% Gold Mines 9% Mar Apr 5% • • Class A Coro Feb Apr 23"% May 30 * (H) Distillery Ltd— ./';.. voting —— Class B non-voting 37 7% 6% Feb io% 1 ...1 Paint & Varnish Co Cook Jan 1,800 Apr — Foundry & Machine Co.—l Jan 13% * _ Brown Company common (EL) Co Continental Detroit British Columbia Power class A Class B Forman Commercial Corp Dennison American dep rets ord regular Brown Continental Mar 19% 4% 1.25 Corp. Jan 9 21% — .——10 Var Feb 10, Jan 200 16% - Liquidating—.—.—/"' Consolidated Mining & Smelt'g Ltd—• Royalty Oil May 9% May 8,400 Consolidated Car-Na 89 23% __ Air Lines Inc— 200 28% * Continental 10% Mar 9 %, Apr 80 7% May .... Apr 17% May Jan 300 40% — 2% Tobacco— Feb 79 __ ..._—1 10 1 Colt's Manufacturing Co..——.25 New common 1® Columbia Machinery & Eng Corp—_10c Commodore Hotel Inc... .—.1 Community Public Service 10 Compo Shoe Machinery— Vtc ext to 1956 «. 1 Consolidated Engineering Corp 50c Consolidated Gas Utilities ,~1 Colonial 4% Mar 24% 22% 23% ordinary 10 % May Jan Jan 70% May __ Airlines; (The) Fund Inc Colonial Jan ~4% _2% • 1 British Celanese Ltd— American Equipment Co Jan 20o Inc. Light & Pwr ord British American Oil Co. dep 2% Mar 16 % 43 100 __ Breeze Corp common American Jan 11% • prior cumulative preferred Scrymser Co Bourjois Inc American 1% Mar 11% Mar 23 Jan • Borne British Apr Jan • Bridgeport Gas Light Co BriUo Manufacturing Co 10 5% 3 Works 6% 42 Co com.* common Traction Caribbean Oils Cornucopia Jan 14% 1 Birdsboro Steel Fdry & Mach Foote Gear Apr 8% 1 Black Starr & Gorham class A Brad Mar 4 Blauner's Brazilian Jan 3 700 14% 3% 1 25 Benson & Hedges common Bickford's Inc common 5%% 8 Feb 2 300 5% 16 13% 13% 1 j. .r 900 2 15% 1 common 6 % Mar 21% May 1 Beck 1 11% 1 Bearing Specialists Inc Bellanca Aircraft 9,100 ~7% "Vh 1 common Beau-Brummell Ties 50 2/* • Inc & Co 2}7t 6% 2 American shares Oil % Corby Banco de los Andes— Banff x25 20 * —10c Clinchfield Coal Corp common Continental ... 4% Mar 293A Mar 6 50 * ____1 Club Aluminum Products Co 7 9% 9% 70% 71% x25 x25 U % 22% 23 % __ Manufacturing___4 & Lambert Clayton Consolidated B Bailey & Selburn Oil & Gas— Jan Feb Jan 500 8% 7 Colonial Sand & Stone Co.— American dep rets reg;» Associated Laundries of America.. Class Claussner 9% 8% __ Inc Neon 9% 10% 18 5 Light $7 pfd- Claude Apr Apr 4'/a 26% 36 Clarostat Manufacturing 17% 1 Arkansas Louisiana Gas Co._ 9% May 4% 99 99 6'A 275 7% 8% 1 _______________—"—1 Co., 1 ——-1 Hosiery Co —5 Apr 22% Mar Wok 5% May 400 50 81 9% __ _ 5 (The) D L Co Clark Controller Co Jan Apr 210 4A — 5 1 Stamping City Specialty Stores inc 4 % % convertible preferred Auto 16% 5 — Corp Atlantic Coast Fisheries Jan — Wire & Cable Corp Circle City 6% . _1 Arkansas Atlas Jan 15 — pfd—100 Appalachian Elec Power 4%% Argus Cameras Inc & Tel lc 10 >/4 Mar 71% 9% 80 x9% 10 4 Mining Consolidated Chief 4 2.40 ——. Associated Tel 3 Apr 4,2 4% 29 % 70% 9% — 10 5 common New common Anglo-Lautaro Nitrate Corp— Power & May 2,500 2,600 Corp Clark American dep rets ord reg Arkansas Fuel Oil Charis 11 2% 2% 10 Chamberlin Co of America Cherry-Burrell common Chesebrough Manufacturing com Chicago Rivet & Machine Jan 29 — 2 10 1 2.50 Aircraft Co common Cessna Jan Jan 'nr -4% May 22 Ya 10 Co common Century Investors Inc Convertible preference Apr 4% 4% 3,400 8,800 4% 4% _. 1 100 33 % Mar 17% B*nge Since Jan. 1 Hioh J% 4% — 34% 17'A Anglo-Iranian Oil Co Ltd— Apex-Electric 13% Mar Jan 3.50% 63 10 5 8 2 "A" shares Apr Mar 57 27% 16% 17 • Ltd Mines 31 conv—• Seal-Kap common Jan 31 pfd—25 Republics American " 6,200 • 6% 47 — preference $1.40 series Co— 600 5% . 100 preference $1.50 series Conv 400 24'A Meter Co Jan Conv Shares Central Maine Power 10% Jan — Ltd... Explorers preferred Central Ohio Steel Products Central Power & Light 4% pfd % 24 3/s American Gas May 5% ~5% American Potash & Chem cl A 4% Mar 23 24 % 1 Anchor Jan 20% 24% 24% 20 25 Manufacturing Co com Maracaibo Co Anacon Lead 3% 100 25 American Amurex Oil 1,400 44 10% 10% American Co Jan 1,250 23 % 25 Machine Laundry 16% 4% % 1 Co Feb Feb 12% 24% 1% 4 23 -100 Rubber Central Central Illinois Secur Corp Jan 4% 1 1 1 • * Corporation.... Jan 95 15% 15 15 1 Beverage common American 450 23% 15 pfd. class A SAmerican Bantam Car Co American 89 23 % -250 conv American 87% • common Ambrook Industries Inc new American 88 % '23'A _100 preferred Sales for Week Low Pa* High Low Higtl Aluminum Co of America $3.75 cumulative Last Sale Price STOCKS American Stock Exchange Range Since Jan. 1 Cenco Aluminum Goods Manufacturing- Week'* Range of Prices Friday for Week STOCKS American Stock Exchange MAT 22 WEEK ENDED Sales Friday 22% 24 Apr 25,300 1"% Jan 400 32"% Jan 500 5% 110 28'A Mar 12% May 104% Feb 9% Jan 19 % 2% Feb Jan Mar 35 % Jan 5% Feb Mar 1 20 Feb Jan 1,9g Jan Feb i9b Jan May 32% Mar Number 5223 .The Commercial and Financial Chronicle Volume 177 (2275) 31 AMERICAN STOCK EXCHANGE RANGE Week's Friday Last STOCKS Range Low Par WEEK ENDED Fairchild Camera American Stock Range Since Jan. 1 Low High, Par Firth Fishman Inc H) (M 28% Mar Jan 3ft May 6 6 lor 6,700 5% Apr 713 Jan 66 V2 . 66 66 % 270 65% May 73% Jan 6% 6,800 6% ; Co A 1 10 8% > 7% May Apr 9% May 4,800 11 8 200 10 8% 8% 6 10% May Mar Jan Class B * voting Motor American of Pitt (Peter) Lighting common County Kingston Products Kirby Petroleum 50c preferred Kirkland Klein 1,200 68% 25 69% Mar Apr 68% May Knott 73% Mar 60 Kobacker £1 6% —-. 300 7% 6% 8 Jan Mar France— '% % % 26,600 '% 6 6 6% 1,300 6 -1.25 7% 7% 7% 5,400 5 Brewing 11% 11% 11% 600 (Geo A) Co 7% May Jan 5% preferred May General Acceptance General Alloys General American Finance Corp Fireprooflng General Outdoor Adv 6% Apparel pfd $5 preferred (A Ci New Globe Union 1,000 Gorham Manufacturing conv ! Rapids Varnish Gray Manufacturing Co Great Atlantic & Pacific Tea— Non-voting common stock 7% 1st preferred——— Great Lakes Oil & Chemical — Hydraulics Greer Freehold Gridoil 1,400 3% 12% 40.. Apr 20 100 17" Feb 8% 11% May 4,800 13% 1,100 25 22 12% , Mar 11% 8% May " Jan 13% Mar Jan -24% 10 55% Jan 62% May 45 Mar 54 % May 10 81% May 86 % Mar 81% 1% 1%< 5,500 Jan 1% 20 27% Jan Feb 1 % Mar 25% 500 25% 850 22 5% Jan 17% 17% 26 24% 25% 45 17% 500 16% Jan 2 52% Jan Feb 27% Feb Jan 25% May 8 Mar 146 Feb 159% Mar 131 Jan 135% 1% May 51% Apr 38,200 53% x54 % 950 18 900 18% 6 6 Apr 250 132% 133% 1% 45 25% * -170 149% 151 2 ■ 10,500 A 14% 18% 400 17 500 57% Mar x21 - 6% Apr 10% 18 Apr 2% Mar Jan 5% xll% xll% 18 Feb Apr >Jan 19% Mar Jan 11% May H Hall 2 5 Lamp Co 2% 4% 2% —.1 4% 2,200 Electric Harvard Brewing Co.. — —.„2 — Jan —_ 14% Apr 16% 50 v Jan 53% Mar Jan 1% Jan 1% 4% 800 Jan 800 4% May 9% Jan 5% 12% 12% Apr 2% Jan . 500 2% Jan 1,800 2% 25 % Apr Feb ' Hazeltine Hearn common 5 :L.—— Dept Stores 25c Hecla Mining Co— Helena Rubinstein common.— preferred—.— 5 % '!> . Hoe — 3 7% 8% 99 71% Mar Jan 9% May 2% Feb 6% Apr Feb 7% Feb 11% 2,800 „ — 11% 11% 11% 1,000 13% 13% 13% 1,300 3% 3% ,\ 3i' 12% Jan 11% Jan 14% 14% 14% ... Apr 16% Jan , ( ; • ' 13% 2,600 13 . Apr Apr ;f: 3% Feb 8% May ' V. 15 & Co Jan 90% 900 2% ♦ (Geo A) May 14% May -19% 7% » Inc Feb Jan 27 • 69% __ __ 1 . Holophane Co common Hormel / 8%,- • 4% Jan 18% Mar 27/a —2.50 Holly Stores Inc Horder's 13% 100 • _—..5 Hollinger Consol Gold Mines 300 18% • .• " preferred (R) & Co class A— 14% 18% 10 convertible 3% Jan Jan 12% Apr 17% «... 1 Higbie Mfg Co common—. 9% 1,050 — 10c — 1,400 'v 100 Products Steel 10 27 13% ' . —1 Henry Holt & Co common. Hercules —. 100 ; preferred 4% ' ' - 30 3% May 9% im-. • ZIII.2 Co common.. 100 24% 9% 26 • A Class Heller , 3% 37/a ■ „ i - * 28% 28 28% _—t. Corp— " 2% 13 May 15 Jan 150 14% May 16 Jan 44 ' — 3% Mar 200 - ■ Jan 8% Mar — • — — Jan 46% Mar ' Horn Horn 3% Hardart & Hardart & common preferred Hurd —5 Inc common— & Refining ,19% . 100 — . Hubbell (Harvey) Humble Oil L— Baking Co '* capital stock..* * 65% 67 900 20 20 28 500 . 5,800 67% ' _* •/ 143% 19% May 152 23% Feb Feb ' »' May 107 Jan Apr 30 Mar 61 % Apr 74% Jan 101 27% 4% May " — - ♦ — 32% _——5 Feb 3% 102 .27% 28 ' ... 5 Lock & Manufacturing Co. Hydro-Electric Securities Hygrade Food Products 19% 102 " Jan 4% Feb 1% 1% 113 8,800 1ft Apr 2ft Mar 8% 7% 8% 1,200 7 Mar 8 % May 16% 16% 1,800 15 Jan 17% Mar 4% 4% 4% 8 77/a 8 8% 8% 8% 8% 17 4% Jan 1,700 7% May 9 Jan 1,300 7% Jan 9% 7% Apr Feb Jan 4% 200 8 900 16% 200 15% 16 1,600 14 24 25% 3,225 23 38% 41% 13,300 7% 15% 8% 16 7% 200 6% 200 Feb 16% May Jan .17% Mar ~6% 6% 6% Apr Jan 25 % Jan Jan 5% 39% 43% May Jan . 20% 7 6% • common - 14% 33% 2,100 20% 14 14% 2,550 13% Imperial Chemical Industries— American dep receipts registered—£1 Jan Imperial Oil (Canada) capital stock—* ' Imperial Tobacco of Canada 5 Imperial Tob of Gt Brit & Ireland__£l Indianapolis Pwr & Light 4% pfd—100 Insurance Co of North America 5 -4. International Cigar Machinery 31% 6,200 31% Jan 7 87' 84- 100 7 Apr Jan Jan 4% Mar 5 Jan 38% Mar 20% Stores Mangel 6% Feb Jan Jan 10% Feb 6% May 7% Feb Mar „_» — — 100 Apr 100% Jan 20% : Apr "80 Apr 25 Mar 103% Jan International Hydro-Electric— Preferred $3.50 50 series—. International Metal Industries Investors Iowa ' 400 32% 26% 26% 27 % 6,300 5 11% 11% 11% 500 1 Products Royalty Service Co— 3% 2% 3% 16,300 24% 10 xll3% Mar Jan 32% Apr Apr 30% Mar 2% May 12 5% Jan May Jan Public Fireman Manufacturing v t c Inc Ironite — — 13% 13% 14% 1,300 7% 7'/a 7% 2,300 4% 1 Air Chute Irving ♦ 1 Jan 80% May 100 3.90% preferred Iron 106% 107% A—.—* International Petroleum capital stock.* International 107% 200 4% 25 37% Mar 38 38% 38% 25 38% 40% Mar 16 16 Apr 18 Jan 13 % May 14 Mar 47% 42% 47% 10,700 41 % 47% Mar 13% 13% 13% 400 13% May 300 11% May 16- 175 May Apr 12 —5 10 21 '* 12 20% -- 21% 1,600 18 Jan 15% 200 14 Jan 15% 1 Co 84 10% 15% Apr 12 Jan Jan 7% May 4% Apr 5% Jan Jerry 1 10c O'Mahoney Inc Julian & Jupiter Kokenge Co Oils Ltd _ : ; 4% 4% 4 3% 4 2% 2 2% 1,300 4% . 5,000 jo 11,400 Feb 3% May 5% Jan 5% Mar Jan 17% Mar 2ft May 3% Mar 16% * 15c 4% — Marconi International Communication Power Marion Co Marine Ltd common -- 22 & Co common McWilliams Dredging common & Co Johnson Mead Mfg Menasco Participating preferred Michaels Brothers Inc Corp. Feb Apr Jan 26% Mar 3,400 14% May 15% May 14% 3,800 13% 3% 7,800 2% Apr Jan Jan 11% Apr 17% 5,200 15 % Apr 21% Mar Jan 24% 15 Wohl Co -- '{f 2% Feb 3% Mar x6% 200 6% Apr 8 10% 5,200 8 Apr 10% May 1% Mar Kansas Gas & Kawneer Kennedy's Electric 4%% 1 pfd Co Inc For tootnotes see page 33. 4% 4% 4% 15,600 101 100 Jan Apr 5% Mar 105 Jan 21% » 5 3% 13 13 200 Apr 25% Mar 11% Jan 13% Apr Feb ~7% ~7% 400 13% 800 12% Apr 14% Mar 2,800 12% Apr 15% Jan 11% Apr 13 Jan Jan 26% Mar 14'/a Apr 17% Mar 13% 13 14 /a 7 350 15 14% -- 2,000 5% 4% Jan 50 30% Feb 11% 12% 1,500 23% 24 43% 46% 5,500 3% 4% 22,200 ■mm -- 45 /a 3% 89% ~2% 500 161 — 162% 170 ~5% ~5% 5% 900 -5 2.50 —~~~i° 31 8/4 — 25% Mar Apr 57% Jan 2% Jan 4 Mar 89% Apr 97 Apr 90 Apr 2% 161 4% Jan May Apr Jan 95% Mar 103 % Jan 96 % Mar 3'/a 169 Jan Jan 37% Mar — 5% Mar 18% 100 19 4% Mar 5% Mar 3% Mar 2 /s Ring common Jan 103 % Mar 35% — 5% Mar 33% Mar 15% 42% - ~2% Jan Mar 3% Mar Jan 22 40 ■ 5% 29 101 % May ' 30 97 v" 1 common Muter Company common 11% May 300 90 97 ".^/4 100 Co Feb 2 % May 1,300 31% 12 Metal Products 1 6% cumulative preferred 4 Mt Vernon-Woodbury Mills -2-50 Mountain States Power common—-7.25 Mountain States Tel & Tel 100 Ohio Mfg Co__ Feb 32% 5 5/s — Clemens Muntz TV Inc— Jan 20% 700 2% 2% 1 1 common 26% 26 Montgomery Ward & Co class A—* Moody Investors participation pfd * Morris Plan Corp of America———10c 3% 15 100 3% 30% 15% 20,200 100% 370 3% 6,600 - 300 31 300 8% Jan Apr 23 14% Feb 17% Mar 100 May 2% May 25% Jan 8 Apr 27 8% Apr 18 ~ — 114 4% Mar Jan 33 % Mar 9% Jan Jan 29% May- 700 7% Apr S'/a Mar 17% Mar ~7% ~7%. 16% 50c 16% 100 15% Apr 4% 4% 1,300 3% Jan 5% 6 3,600 5% May • Corp 10 Namm-Loeser's Inc————————1 4 /8 Alfalfa Dehydrating & National Milling National Co Bellas National Fuel National Mfg 1 Hess common Gas & Stores common Ltd National Phoenix Industries National Presto Industries Inc National Petroleum National Radiator Co National Research Corp Machinery National Starch Products National Steel Car Ltd National Transit common— National Rubber National Union Radio Meter common. Neptune Nestle Le * Mur Co common Ltd British Dominion Oil England Tel & Tel Haven Clock & Watch Co convertible preferred New Jersey New Mexico Park Zinc & Arizona Land Mining Process Co Co common.—. York Auction Co New York & New York New 7% Mar Xl2% Monongahela Power Co— 4.40% cumulative preferred 100 4.80% cumul preferred series B—100 4.50% preferred series C -100 Monroe Loan Society com class A 1 4%% Mar 300 ft Jan 10% -* New 6% May 59 2% 9% -- 50c 5 --1 *.—-50c Public Service common Murray 15% Jan 4% Mar X6% — common Muskegon Piston -. 2% -50 * 100 Muskogee Jan 5 convertible preferred Mining Corp of Canada Minnesota Pwr & Light 5% pfd Molybdenum Corp Monogram • Pictures . 24 Va Mar 24% 4%% Mt 9% 18% 22 —— Piping Missouri 10% May Jan 6% * shares. Abrasive Co Mid-West Refineries Miller 10% Products— Mid-West Midwest Feb 23% May 55 Steel Tube —2.50 Michigan Sugar Co common -* 6% preferred 10 Micromatic Hone Corp 1 Middle States Petroleum common 1 Midland Oil Corp $1 conv preferred—* Midland Steel 4 Jan Apr 650 16% 17 /8 Michigan $2 non-cum dividend Midvale Co common Feb Jan 200 3 1'*™ 2/8 common Honduras Rosario Merchandise York Founders Shipbuilding shares 1 . »'* ZA -- ^ i«r 2% Jan 2% 2% 5,600 2% Jan 2% Jan 14% 14% 6,100 14% Feb 16% Mar 13% Jan 17 "m "2% 55,000 lft Jan 3ft Jan 2% 2% 16,700 1% Jan 2% Mar 12% 12% 300 12'/a Jan 10% 100 10% Jan 10% Mar Apr 15 % Jan 21 Mar ; Jan 13% Mar 12% -- 18% -- 4% 2% 24% 1 40c 100 1 20 —25 1 1 * * 10 10 4% 2ft 115„, 4% 9% 51 17% 1% 10% 8% Corp— 19% 12% 300 12% 17% 30e 2.50 1 5% Mar 8% 10% i4'2 1 25c 10c 2 4 1 -10 1 * 1 17% 700 13% Jan 18% 18% 900 17 Jan 18% May 25 Apr 27% 4% ~4% 300 4 Jan 2% 2,700 2% Apr 3 Jan 1,000 20% Jan 25% 4% Mar 4% Apr Jan 2% 24% 25 Jan 4% Mar 4% 4% 100 2% 211 46,300 2% 2,710 110% Jan 4% May 10% May 113% 115 Apr Jan ' 2II May 115% Feb 4% 4% 7,700 2% 9% 9% 1,150 5% Jan 50% 51% 7,700 50% Apr 60% Jan 17 19% 48,600 16% Jan 23 1 % 11,600 1% May 1 % May 1% Mar 57 Jan 62 % Mar 10% 10% 300 10 Jan 10% May 26% 27 350 25 Apr 28% Mar 650 7 May 7% 19% 8% 19% ,J Jan 8% 3,700 14 14% 1 Bumper 34% 40 14% 10% 14% -- Metal Textile Corp common Jan Apr 100 21% 24 24% —--1 25c 15 1 New Corp Feb 11,100 & Scott- Corp— Mesabi Iron Co Michigan , 8% 19% -- 21 /a 1 Co Merrltt Chapman Warrants , .■15% May 9% 5 * 10 1 (A G) 8% 10% 1 McKee — 23% 22 /4 * . Inc common McDonnell Aircraft Corp Mays (J W) New Kaiser-Frazer 13% 21% May ■ 3% £1 —10 Shovel Massey Harris New K Feb 28 Va • New Co common 15% 34 «... • Mfg Co Mapes Consolidated New Jeannette Glass Jan Apr 38 1 common (The B) Manischewitz Nachman 91 1,150 87% Feb 38 1 Co Service Public Maine Jan 37 30 % May 9% ~7 6% • O 6 30% 7% Apr N Zinc Co Illinois 8'/a 15% May M 5% Mar Jan 200 2% 10c Lithographing Co Havana * 4% 12 1 4 140 . 1% • J". 3% -■■■"; • 53% • 1% < X% :• o ■■ — 53 1% 1 Mfg Co.. Hastings ^.. 25 Apr 5C0 ' _» ... , 2 ' * Ltd.. Light Hamilton Bridge Co Hartford 3% Mackintosh-Hemphill Co 21% Mar v • Haelan Laboratories Inc—_ 600 2 Jan Mar 12% May 15 % Feb 70 5 Gypsum Lime & Alabastine 3% Steel Chain Locke 4% Mar Apr Feb 12- 6% Leases Jan 9% 1,200 x54 % Stores Products common— Grocery 3,200 45' Griesedieck- Western Brewery———.2 Jan 3% Feb 57 -;-9c Inc. 11% Class B 108% 50 —25 —50c Great Northern Paper Jan Lynch Corp 200 13% • Xl0% Feb 25 133 100 A— Jan 12% 50 Co——1 11% ft Jan 5 class Apr 10% 8% 149% Feb 11% % Mar • • Groceterias 117 1,200 1%- • —100 12% 1 10 103 57 pfd—25 1 5 Jan 5 5 Jan Jan 25 —50 common——4 11% 1 5 Mar 11% May 113 12% 81% Graham-Paige Motors 5% Grand 4% 10% • Mar 2% 50 1 700 Longines-Wittnauer Watch Co Louisiana Land & Exploration 20 Manufacturing Co Goodman 108 Apr 10% • ; Consolidated Mines ":t 34 % Mar Jan 11% $4.50 prior preferred— Goldfield Jan 1% 50 12- 5 12% 1 1 200 —* 1 _ 12% University 29% 13% Inc Co Extension Loblaw 8% B Jan 12% Realty common Le Tourneau (R G) Inc Feb 29% 1 Apr 18 Monotype Machine Salle Apr 97/a 1— 16 Jan Lefcourt 9% 3% ;_* Godchaux Sugars class A Class Jan La 5% 10 — Distilleries class B Glenmore 2% Lanston Apr 3% —*—... Coal... Jan 15% —- _10 Feb 10% 4 _ Gladding McBean & Cb___ Alden Apr 18% Mar 104 % May ---* ————* : common 14% 300 Larason & Sessions Co 5% * common 1,000 Lakey Foundry & Machine Lamson Corp of Delaware 8% 99% 1 Mines % 1 200 250 9% Mar 5 300 11% Feb Apr 8% 700 15% _1 9 % 11% * _1 — Gold Gilchrist Co Glen Apr 29% 9 37% Mar % Inc 5% 114% 114% 114% — preferred. Gilbert Jan 3 Feb 103 1% 8% Jan Apr 31 15% Mines Ltd—, Shore ~1%- "5 f ..5 _100 common 2,800 Jan L 9 %' Plywood Corp common—_50c 5% convertible preferred ,.20 General Public Service $6 preferred.—* 33% Jan 3% 3% ft Liberty Fabrics of N Y 5% cumulative preferred 29% 1,500 32% 9% 35% 9 15% Company 5% General Gerity Mich Corp Giant Yellowknife 12% Jan 2 16% __£1 10 5% pfd A_. General Georgia Power $6 5% May 11% Mar 100 25 _ rets ord reg dep 4,000 2 105% Mar Mar 2 2 Jan Ltd— Electric Co General 11% 11% * 1 Builders Supply Corp com General 11% __1 Corp convertible preferred 5% 4 —1 Co 22% Apr 102% Mar 100 _ Mfg Co common 3% Feb Mar 34% Mar 150 3% 32% 33%c 20c 1 Forge Co 117a Mar Lake Gellman 35 12 % May 5 Kroy Oils Ltd Krueger Brewing Co L'Aiglon 21 3% 1 Stores Laclede-Christy Gatineau Power Co common 900 91 Jan Jan Jan 8 Apr 11 9% 35 High 8% 26% _ 7/a May Feb 6% 1 Brewing Co 500 * Corp (The) 150 31% 10 Co Ltd M Co common Rubber Co Hotels 11% 30% 35 1 1 10 . Low 11 50 Range Since Jan. 1 7.50 Lake G (D Emil) Shares High 30% » cumulative preferred 4% Kropp American deposit receipts bearer Fort Fox 63% 68% • deposit rets ord reg Motor 62% 63 ... Ltd— Co Kings Kleiner.t (I B) non-voting Fuller 6% 10 Inc Class Ford Jan 1ft of Canada— Motor Ford 23% 29,000 6% 10 (Phiia), Flying Tiger Lines Inc Ford 900 3% * Ltd Petroleums Sterling 26% 213 —25c Association Fire 25% 3ft 1 Instrument & Range Low * 5 & Co (Walter) Sales for Week of Prices Sale Price Exchange High Kidde Week's Last Key Co common Oils Ltd Federated 'I 22 Friday F Fargo MAY STOCKS Shares of Prices Sale Price American Stock Exchange FOR Sales for Week 500 15% Jan 9 Feb 20% Apr '. 32 The Commercial and Financial Chronicle... (2276) Monday, May 25, 1953 AMERICAN STOCK EXCHANGE RANGE Week's Low Par Nlplssing Mines Jan 20% Mar 500 li« Jan 2% Mar .1% A 7,900 2,000 42% \43% 200 2I 42% $3 preferred.50 25 North Central Texas Oil— 5 Northeast Airlines 1 North Penn RR Co 50 Northern Ind Pub Serv 414% pld—100 Sentinel Radio Corp, Safety Control Serrick Corp class B 4% 2,100 10 85 85 Apr 70 90 89% 90 26% 24% 26% 900 3% 85 22% Mar 4% Apr May 89 92 98% May 20% Jan Jan Mar Jan 27% Mar 4lo common Shoe Corp of Brass Ohio Power Oklahoma Natural Gas Okonite Company Filters United Oliver class Jan Apr 69 150 63 Apr 69% Jan 10% 900,. 9% Jan 16% Jan 600 6 Jan 6% 68% 10% 10% 6% 6% Feb xl8% "7"% ~7% 19% 20% O'okiep Copper Co Ltd Amer shares_10s Securities ——1 40% 17% Overseas 2A 4,200 • B ~7% —1 —— Jan 3% 20% —1 Omar Inc 107 May May 68 Vs 6% 97 Jan 57% Mar May 19% 25 1 7 Olympic Radio & Telev Inc Jan 19 ' 19 preferred 2% Feb 3,500 3% }jj 19% common cumulative 40c 2 7.50 — 120 98% 100% 90c Old Town Corp— 1% 48 100 4Vis preferred Ltd Oils Okalta 800 2 * B common 40% — Jan 7% Apr 9y» Mar Jan 20% May Apr Apr 52% Jan 19% Feb 4,600 150 18 41 850 38% 17% 600 17% . 23% Mar Simplicity Simpson's Singer Co Pacific Gas & Electric 6% 1st pfd 13% 13% 5 common Bo no tone Boss 13% May 16% Jan 3,200 31% 31% 31% 25 25 28% 30% May 34 % Jan 27% 31% Jan 26% 26 25% 26 1st pfd series A__25 preferred 25 Pacific Lighting $4.50 preferred • $4.40 div cum preferred • $4.75 dividend preferred-.* 26 25% 26 25% 25% 200 28% 26% 25 25% 5Vi % 1st preferred 5% 1st preferred 6% redeemable 5% 28% redeemable 4.80% Pacific red 25 1st preferred 1st Northern South Penn Oil Co 6% Public $1.30 1st Service pfd preferred convertible cumulative preferred Pancoastal Petroleum Pantepec Oil Paramount Park Pen Class (C 11% 11% 13,000 20% 20% V. 600 • 4% 11,200 200 2 12% 12% 100 A 4% 4% • . 12% 15% 1 6% Penn Pep Water Boys Power Pinchin Johnson Pioneer Gold Ltd Mines 1 Piper Aircraft Corp common Pittsburgh & Lake Erie Pittsburgh Metallurgical common Pittsburgh Railways Co Scale Power Corp 6% of Inc. Co Stroock 500 650 650 100 3% 4 600 17% 18 300 100 May 36 Apr Feb 14% Mar 108 Jan 41% Mar 3% Jan 61% May 36 5% Apr 3% Jan 17% May 6% 4 ' 2% 2% Jan 3% Mar 300 . 2.50 1,300 • . Apr Jan 11 Jan Mar 3% Feb 2334 Mar 3% May 4% 6% Jan 8 % Mar 25 35% Jan 40% Mar 41% 42% 250 ; 112 ~9% Feb 38% 1,300 36 Jan 112 Jan 100 1% Apr 113 Jan 1% 1,800 1% Apr 2% Jan 7% Apr 9% Mar 300 92% 200 10 Jan 8'/a 90 Apr May 1234 Mar 9% 101 Feb Feb Reda B Rio Grande Rolls ■ dep rets ord pfd F Roosevelt Field Rowe (The) Royalite Oil Corp Co 53 B Scurry ilOO 1 .25c 3% May 21% Jan Technicolor New Inc Seaboard Texas Power Thew & Shovel Thiokol Thor Light $4.56 pid Co Segal Lock & . • - For footnotes Allied & Trl-Continental Stocks Jan 9 2,900 6 V2 Jan 9% Apr 28% 18% 19 600 19 3% 3% 5,200 13% 13% 13% 400 12% Apr 15% Jan 13% 1,100 12 % Feb 15 Jan 45% 600 43% Apr 47% Feb 32% 32% 2,300 25% Jan 16% 17% 33 % May 14,300 16% May 99 99 17% May 16% 30% 25 95 Investment Feb 4% Mar Union Stock 7 Jan 9% United 11% 5,600 26% 100 300 2% Apr 2% 6,600 2% Jan 2% Feb 84 % May 94% Jan 5 Jan 14 % Apr 1% Mar Jan 24% Apr 28 3/4 Jan 273/4 Mar 2% Jan Jan 22% 300 21% Apr 21 26 Mar 21% 43 ■ 41%. __.. ■ 13% ■ 15% r 14. : 21% 43 - - .300 ' .3,200 . 13% -15% 500 Union Oil Co $3.75 25% Feb 1,600 11% Apr 31% May 17% Jan 27 1,700 20% Apr 28 % May 13% Mar 16% May :7% Mar 26 16% 16% 16% 300 6% 6% 6% 300 18% 18% 300 18 39 40 450 35% 39 6% — U 52 51 52 400 3% 4% 90% 51 1,200 90% 50 xl4 » 6,100 ■ 14% 3% 5% 4 5% 5% - - 300 Amer 1% 3% May 89% 1% 100 2% Feb 3,900 3% May 4 Jan 1 1,600 2% May 3% Mar 4% 17,100 3% Apr 4% Mar 1,300 4% Jan 6% Mar 32% 32% 33 2,300 214 21« 214 54,000 6 5% 6% 1,500 2% 2% 400 % 1% 14% 1% 2 9% i'(j 9 • . nii 30% Apr 2A Feb 1 % 14% 1% 11% 3A Mar 7% 2% 15% 5,900 11% Jan 1% 4,400 1 % May 2 200 25% Feb 28 A May r 27 2% 9 %' 10,900 1,100 14% 2 8% Apr Jan 14% Feb 1% 12 5,800 1% Feb 500 11% Jan 300 18% 19 4% Apr 5V8 Jan 18 % Jan 19% Feb Apr 18 Jan 1% 1,000 2% / ' 8% 89% of Omaha Products 100 200 5% 13,700 2 7% 200 8% CO Jan 3% 4% May 26% 9% Jan Feb Jan 30 Apr 10% Jan 90 100 89 % 125 89 Apr 96 Jan 1 77 Apr 80 Jan 5% 9,900 4% 38% 700 37% Feb 43 Mar 9% 100 9% Apr 13 Jan 3% Jan ■ 5% • 5% 38 20 common 89 — common__50c 8% May 9% — Apr 5% May Ltd— 10s 100 Sharing common 228 25 229% iV 10 % 40 228 700 May . 4% Mar 235% Jan Feb U Mar A May 4v8 6% Mar 25 37% 37% 37% 4,800 36% Apr 40% Jan 35% 35% 35% 510 35 Apr 38% Jan 16% 17% 600 14% Jan 19% Mar 3% 3% 10,600 1% Jan 15% 15% 1,100 1 U 8 Air Conditioning Corp U S Finishing Co 10c $4 2% 4% 27% 5 — • preferred conv —1 . 3% Feb 14% 39% 7 39 40% 6% 16 Feb Jan 60 Jan 34% 3,500 Apr 52% • class B and International "3% Apr 43% Jan 8% Jan Securities • $5 1st preferred with warrants • 92% 92% 93% 100 1 9% 9% 9% 3,000 .1 2% 2% 2% 600 2 1% 1% 200 IVa 10 41 % Feb 10 21 y2 Mar 24% Jan 32 Apr 37% Jan Feb 3% Jan U 8 Radiator common— U 8 Rubber Reclaiming Co United Stores Corp common Consolidated 50c Insurance Universal Products Co Utah-Idaho Oil 10 common Sugar 32% S 7 2,100 32% 1,800 6% Jan 9% May 100 3% 3 6% May 92 1,000 2% 96 V* Mar 11% Jan Apr 2% Jan Jan 1% Feb 51% May 2a/4 Mar Jan 2% 14% 38% Mar 5% May 4% 16% 19 25 U 8 1,100 Jan 2% common 173/i Mar 6% Mar Jan Jan 3% —• A preferred United Shoe Marchinery common U 8 Foil Co 16% Mar Feb 4% 97V2 Apr 1% Mar % Mar 58 1% 4 series Yards Profit 14% Mar Jan Jan May 3% • 10% Jan Jan May 2% 5 United NJ RR & Canal 26% 13% May 6 3a/a 10c dep rets ord registered 43 12 40 2% 4% Co United Molasses Co Apr 6 - 19% Mar Apr Mar 6 1 Corp United Elastic Corp United Milk Products Apr Feb May of California— Aircraft 10 May Jan * Canada preferred 37% . Jan 1,700 14% 100 Corp Union Feb 105% 30% 26% warrants 23% May 56% May Jan May 30 13% 70c of 300 60 Jan 31 y< Mar 13% 5 preferred Gas "7% — 23% Mar U 6^8 1 page 33. 20% Co Ltd— Trust Realization Apr .. Jan 200 8% _1 Inc Feb *. 3% Mar 4 23 20 Tonopah Mining of Nevada Trans Empire Oils t,Ltd Trans Lux Corp 5% 85 Jan 3% Mar .1 Inc Toklan Royalty Corp Toledo Edison 4%% 43% 84% Jan Mar 45% registered—£1 Amer deposit rets def registered—5s Tbdd Shipyard Corp common 20 200 2% Jan 18 18% May 9% Mar 2 Amer deposit rets ord 1,800 22. 12 see 900 23 3% Jan Jan 8% 3,300 3% Apr 16% 14% 500 2% Jan 25c common Markets United Specialties 15% 1 8elby Shoe Co 9% Feb 2% 300 3% 1 Roofing Inc Ttshman Realty & Construction 6% 26% Hardware 400 2% Jan 4'% 34% 3% 300 9% 2~% • Corp Corporation Thorofare ~2% ,~2% — —50c Securities Corp General Seeuian Bros Inc 2% 16% 18 6% Apr 2j% May 100 13% 5 common Chemical Union — —1 Airlines— 700 400 Jan 10% May 6'/a Feb 45% —1 Tllo United 1 Western 2% • common common Jan 4% 25% —1 Ltd 5% 3% 30 Apr 4% May 5% Mar 5 Chemical % • Inc Oils 5 Tampa Electric Co common 9% — J Ltd common... —1 Sapphire Petroleums Ltd— —1 Schick 400 • common common 26% 11% 2% • (D A) Inc common Scullin Steel Co common 5% 3% 8% 600 5 16% Mar 15% Mar 211% T Talon Inc class A 3% 1 Schulte 10% Apr 23% Mar Mar 56% 1.25 . 10% 203% 100 ,, ' Apr Jan 16 "7% • Corp Savoy Oil Inc (Del) Sayre & Fisher Brick Co.. 207 14 13% Jan Universal Lawrence 100 15 Universal 8t 3,400 14-78 10% 6% ,.2% 1 common Jan 1,800 15% Feb Apr Jan Jan lo Ltd-— Ave 20"% 23 17>/2 4 20 ' Russeks Fifth 16»/i Apr Jan Jan 30"% Mar - Ryan Aeronautical Co Ryan Consolidated Petroleum Ryerson & Haynes common 41% Mar Jan * 5 common Apr 11 3% Swan Finch Oil Corp • __5 Rotary Electric Steel Co 14% 38% Feb Preferred Inc 300 800 5,000 Feb True Temper Corp £1 reg 15% 40 X27% Trunz Royce Ltd— Amer Rome Cable Corp common Apr Superior Portland Cement Inc • Superior Tool & Die Co——-—1 Apr l \ '20% Jan * 19% Mar 5 : Jan 30 5 —1 30 • v t c 191/8 x39 x5% • Apr i Valley Gas Co— (Texas Corp) 300 20 5 1 Feb x Rochester Gas & Elec 4% Apr 207 1 Jan l ; Jan 6% 15 10c 14% 1 Richmond Radiator <2% 16% 22% 10c Inc Jan Feb 19% 10% a an " 1% 4% Xl7% 27% 56% 7% May 5% 2,400 16% 500 • Mar • 3,500 xl7% 250 io Feb Jan 2 * 28 6.25 (Robert) & Co Reliance Electric & Engineering Rice-Stix x4% 5% 5 15% 23% 49 41 % May 900 Jan 1% 14% 27 23 8 5% , 14% 15% 10 Jan Feb 5% Ulen Rels 5% 22% common Unexcelled Pump Co Shoe Co Regal "1% 14% 1 15% — Feb 24% , • 200 l 26% Feb 4 23 10 33% Mar Apr Mar 6% 1,100 15% 19% - 29% 23 100 6% 14% 28% R Packing Co common Raymond Concrete Pile common Reading Tube Corp class A 42 6% 14% 28% Co. Rath 41% 41% ~6% x39 % 5 Railway & Utility Investment A ~6% 20 28% 10 35% Mar 20% Jan 1A 91 28% Mar Apr 31% 10% 900 1 Mar 32 24 1. • com Pyle-Natlonal Co common Pyrene Manufacturing Class 1,000 Jan 26 Feb 9% Mar 100 00 2,300 23% 48 Feb Tobacco Security 9% "~8% 31% 23% Jan May Feb Co Tobacco 1% 8% 30% 23% 40 % 4% & Feb li9o 100 30% 8% Mar , Apr 17V2 (S) Jan 11% 1 100 5 Ray Drug common 44% 9% ""l% 100 33 34% 25c Sun Apr 40% 10% • 4V4% cumulative preferred Puget Sound Pulp & Timber May 8 2,300 — — 1 B 34 Mar 75 7% 36 l 1 Jan Jan "3% 3% 7 7 • America 57% 20% ~3% 26% 33 com Corp Jan Jan Apr 1,700 8% 26% Co common May 21% 1% 3 8% — 40 400 1,400 Mar 11 Feb 2,900 2% 20 7% Jan 5% Mar • 70% Mar 16% Apr 1,100 Public Service of Colorado— Power Jan Class • common Providence Gas Quebec Jan 12% 13% 35% 100 class 62% ~5% 72 40% • Stop & Shop Inc.— Feb 36 Preston East Dome Mines Ltd Producers Corp of Nevada Prosperity Jan 5% 100 io common Pressed Metals of 28% 2% & Prentice-Hall (Hugo) ~i% "ll5 40% common Stinnes 61% "ill 36 Corporation & Co Jan 70% 2.50 1st preferred Lambert Co Pratt (A) Sterling Aluminum Products Sterling Brewers Inc Sterling Engine Co Sterling Inc 28% 2% 25c common Canada Parts Stein May 26% Apr 1 common Polaris Mining Co Powdrell & Alexander Steel (J B) """* 4 7% 35% 1 Feb 19 ,10 r Jan 6% Jan 7% Jan 4% Jan 4%. Jan 1,400 1 Jan Stetson 7,000 Jan 3,600 10% 1 Feb 26 % 18% ~5V8 1 17% Jan Jan 353/4 ordinary 42% May 3"% 10% Corp 13% 36 38 ~5 Co 13% May 26% May Jan ~5% 62% 100 1 12 % Mar 3% ' 700 3% 1 15 23 % 38% 38% 3% 10 12% Mar Apr 100 350 38 38 % Corp 21% 22 27% 101% 38% Corp Canada Apr 70% • of May 1 5 (The) Steel Co 7 , 5% Mar 17% Mar Standard Tube class B Starrett 30 50 Pleasant Valley Wine Co Pneumatic Feb 4% Mar shares—10s Ltd Products Standard-Thomson Feb 100 1 Amer 5ya Mar 60 Apr a'/a • 10c Feb May 14 38»/4 common Feb Jan 3% ~2% 5% 1 Pepperell Manufacturing Co (Mass)—20 Circle Corp 2.50 4% Feb 29 % 27% Jan Feb • 600 13% • Perfect 1% Feb 4% preferred 2,900 27% 100% Co $7 4% Mar 32 12% 2.78 Convertible preferred ; Standard Power & Light common Common rflass B 6% 14 100 pfd Standard Packaging 34% 27% 25 (The)— Governor Feb $1.60 29% 26% 1 Light 4%% 25% Jan • Standard Forgings Corp Standard Oil (Ky) 40 2.50 Phillips Packing Co Phillips Screw Co Pierce 300 22 25 common & 200 15% 30 22 25 Co— & Apr Feb 700 5 1 Corp common convertible preferred 6% 34% Corp Jan 20% May 3% 29% 1,600 1 Co 29% • preferred preferred 12% 15% —2 2 cumulative 13% Mar 103% Apr 53 —— * Penn Power 24,100 "3% "3% —. Traffic May 17 Brewing Standard 2% V 1 cumulative " Jan 99% May 3% May • vtc__2 Bol A) Amer shares—1 Bol class 11 101% 24% 1 Co 3% May 100% Mar Patican Co Ltd $1.32 May 11% Peninsular Telephone common $1 cumulative preferred Penn May 99 Corp B Pennroad 93 —100 Parkersburg Rig & Reel— Patchogue Plymouth Mills $1.30 90 670 24,300 Company (C A) Motors Chemical Parker Standard 1023% Jan 100 Jan 5% Standard Dredging Apr 900 21 y2 15 V2 Shoe Corp Stahl-Meyer Inc Jan 95% 4 % 30% Jan f 5% Spencer Jan Feb 17 y* Mar 15% Southern Pipe Line Southland Royalty Co 27% Feb 21% 15% 25 25 25 —25 cumulative preferred 28 % 3% Page-Hersey Tubes common 4.08% 25 3% * 4 105 Jan 21% — 30% Jan 16 25 preferred preference preference- 25% May 99% 99 • — Feb Jan 76% Feb xl00% May 20y2 Jan 400 25 cumulative 500 250 17% —• common convertible Jan 3% common 17 8V6 44 May 1 4.88% 28% Mar —1 Pacific Petroleums Ltd Pacific Power & Light 5% Pacific 99% ' 1 12.50 4.56% 28 V« May 30 — £1 preferred original 26% May 1,100 37 % 67 Southern California Edison— 25% May 94 93 93% Apr 400 1,000 101% 102 17% 7% Mar 13 V* Mar Apr 1 200 1 Airlines 38 68% Jan 11% Mar a 5 Jan 20 Co Corp common 2,100 96% 96 96 37 y* 5 6% * Corp Coast 10,900 67 — 1 common Manufacturing common South 7 100 • common Manufacturing 4.32% 500 13% Ltd 17% Mar Publications— 8inger Manufacturing Co Ltd— Amer dep rets ord registered Smith (Howard) Paper Mills 4.48% J Can Pacific Pattern Jan 700 -- 1% 50c class Co 14 Vs 5% — $3 convertible preferred Ogden Corp common Ohio 200 12% • Slmmons-Boardman O Mar 17 78 h'/a -- Ltd Breweries Sicks Apr 5% 67 % • * Silex Co common % 12% * Canada of America class A 8U0 6% 100 preferred Sherwin-Williams Apr % 12% 25 — 5% ii — * Shawinigan Water & Power Sherwin-Williams High 200 16 5, May Low 5% ~~1J * Shattuck Denn Mining Range Since Jan. 1 High 5% 20c Inc Seton Leather common 3A Feb Shares Low -10c 1 Sentry Jan 44 V2 Jan 19% 3% 4% * Corp UH 300 for Week 1 common 3% Mar 1% May 42 Jan 10,600 Z,2 7» 20% 20% — % A Jan ' 2b % 214 2% North Canadian Oils Ltd Novadel-Agene 16% 2% A 1 American Rayon North 1% 13 Corp Laboratories 1% 3,900 Mar Servomechanisms dep rets ord shares Amer 19 19 Sales Range of Prices Par High 17% May Week's Last Sale Price American Stuck Exchange Ltd— Products Metal Non-Ferrous Norden 18% —* • ,— Low 700 17% 18% * 22 Friday Range Since Jan. 1 High 17% 5 Niagara Share Corp common Pond Niles-Bement MAY STOCKS Shares of Prices gale Price Exchange WEEK ENDED for Week Last STOCKS American block FOR Sales Range Friday Feb 15% May Feb Jan 211 V&lspar Corp $4 1 common convertible 6% 6% 6% 20 76 % Jan 83 26 500 25'/8 Apr 30 % 22 23% 8,600 16% Jan 23% Apr 3% May 5 Mar 5% Jan 8% Mar 30 Apr 39% Jan 13% Jan 14% Vanadium-Alloys Steel Co • 11 y8 Feb Venezuelan 1 22% Feb Venezuela ._20c 3% 3% 4 800 1 6% 6% 6% 400 34% 1.850 4 15 Vs Jan 1% Apr 12 % May —* Syndicate Inc Vlnco Corporation Virginia Iron Coal & Coke Co Vogt Manufacturing 10 / 7% Mar 83 25% Jan Petroleum Apr 83 5 preferred Itf ' 34%' + — 30% 14 - 14 100 ■ May Jan Apr Number 5223 Volume 177 ... (2277) Chronicle The Commercial and Financial 33 AMERICAN STOCK EXCHANGE Last STOCKS Range Low Par American Stock Range Since Jan. 1 Low High 3 3 _• • 7 (!o Waitt - ctfs ext_. Low I Ward Baking Co ; Wasatch 7% Jan 300 __ — Jan Apr 12% 13 1 new warrants • 11% Jan 1% Jan 1,100 10 9% — 450 2% 6% Jan 10 13% Feb May $6 series preference Wentworth Manufacturing - 11% 300 3% Jan 1 1 % 19,600 1 Jan * i 10 1 160 160 70 160 May 189 5 110% Mar 113 .Mar 163 900 1% 1% 8,800 1ft Apr 1% 512 1,900 5% May 7'/a Western * 5% Maryland Ry 7% 1st pfd II100 • Western Tablet & Stationary com. Western 187 40 '*'• >1 . - 1 *. Machine 9% 10 23% 1,200 5% 24 — 99% 100 15% 38% ; . 3 . , x2% X2% 2% Aug 6s Period or ,11 3 2 Lt 5s 5s Nov 1 4s 1961Mountain Power 65% 65% Valley Extended New __ , 1973 ref M 3s series B 1973—_ 1976—. 1976 Gas Southern California Counties Gas 3%s 1970 (Calif)—• & Bros 5s 1989 (A G) 1966 Corp Inc 5s coll trust (Hugo) Corp— A7-43 3rd stamped 1946 United Aug ex Electric 1947 coupon Service Co— 1 A7s with Dec A7s 1947 Western ,1 6s 19 47.22 High 49.67 Jan 30 45.06 May May SEC Index of Stock Prices 75% 81 79% stocks for the 82% 81 100 ~ 127% 99% 100 % ISO Composite 104 199 37 93 96 93 __ 135 260.5 236.1 + 0.7 242.0 204.3 119.7 + 0.4 125.2 208.7 209.6 —0.4 213.8 198.9 247.4 249.4 —0.8 305,9 235.0 Finance 98 96 Danish Cons 5'/2s External AExternal Danzig Port AExternal ALima City Maranhao Interest AMedellin Municipal 195% 100 95% 96% ~4 91% 91% 3 93 1 93 94 1,117,505 1,695,105 1,587,670 1,354,670 112% 6,833,750 $13,143,000 137 8 112 147 77 Total: 146% 135% 137 21 Fri. May 22 88% 4 May 19 93 5s 192 & 6%s (Peru) 102% 104 '5 1106 —June-Dec 199% — 108 100% 100 reduced 7s 1958 to stamped 1951_, or Sale Price Friday's Bid & Asked A7s (issue A7s (issue of Oct -r $92 — — $66 . — May 1927) 1927) i- .. 1947 1947 309,000 30,178,240 13,955,000 254.488,500 $14,819,100 $15,533,300 $338,723,040 $285,073,790 Jan. 1 Low tVeefc Ended May high 92 — — 68 Mon. May 18 326,410 19 20 21——— $149,000 $15,000 $237,000 43,000 64,000 12,000 119,000 40,000 18,000 2,000 60,000 29,000 95,000 6,000 130,000 121,000 377,175 70,000 34,000 17,000 1,782,470 $255,000 $360,000 $52,000 101 5 99% 96 1 88 96% 17% 17% 1 12 17% $45% 47% 43 49 Week Ended May 22 .- 42% $66 43% 69 Foreign government 63% $63% 63% 63% 2 . — — - Total 22 1952 1,785,675 46,295,622 53,533,596 52,000 $194,000 238,000 67,000 — $5,296,000 8,832,000 2,468,000 $5,087,000 5,504,000 2,337,000 $667,000 $499,000 $16,596,000 $12,928,000 360,000 63% — 1953 $667,000 to May $255,000 Domestic 63% -- Jan. 1 1,782,470 of shares. Foreign corporate 63% 1952 Bonds $43 — Stocks—No. Bonds Bonds 415,455 Fri. May 22 100 Total Corporate 340,290 Thurs. May 69 Bonds $73,000 323,140 Wed. May Government Bonds Tues. May 92 — 22, 1953 Foreign Foreign Domestic Shares) 1953 May-Nop Map-Nov April-Oct 440,000 41,296,140 296,951,900 Stocks Sold — $98,050 $5,000 1,573,300 (Number of 96 — 142,002,119 Transactions at the American Stock Exchange 100 100 1952 161,062,700 13,143,000 Range Sine* — May 22 1953 1952 5,918,067 Daily, Weekly and Yearly Bonds No. to $35,000 Total 101 m ^ $92 • Mortgage Bank of Bogota— of High $14,819,100 Jan. 1 112 99% 99% ■ June-Dec $15,000 $15,000 Week's Range Last Jan-July Mar-Sept $1,661,100 3,085,000 104 106% — (Pian A)— 2%s 2008 3,009,500 1,661,100 Bank Foreign Railroad, and Industrial — 101% 101 % Jane-Dec Feb-Aug stamped 1952 6%s stamped 3,273,600 Tooo 395,000 Government International 1103 Mar-Sept S. -- 192 June-Dec Waterways— stamped ~Y, 000 247,500 370,600 Bonds U. 130 May-Nop 317,000 6,833,750 of shares Total 1955 2,647,000 Week Ended May 22 Stocks—No. Sales $2,804,000 $10,000 $331,000 1953 Loan— 1953 Bond Bonds Bonds $2,463,000 2,330,000 2,899,000 2,690,000 2,761,000 Thurs. May Government Bonds Int'l 1,078,800 Wed. May 20—1—. 93 140 Shares Total Bank Bonds Miscel. Tues. 101% 138 1953 United States Foreign Railroad Mon. May 18 98 83 — Week Ended May 22, 102 89 91 Stocks 96 90% 93 Feb-Aug 115.8 Exchange Daily, Weekly and Yearly Number of and 101% 140 —June-Dec ■ Transactions at the New York Stock 101% 93 100 92 —_———< 90 93 182% Service 97 97 100 189% and 91 77 1 189 May-Nou April-Oct 0.0 224.2 Goods 95% 197 93 —0.5 244.9 147% 2 96 177.9 197.4 90 71 99% 96% 211.5 210.2 222.2 196.4 120.2 Mining 90 80 98% 235.6 —0.3 . 90 90 78% 80 98% 207.0 101 8 138 188.0 —0.1 244.9 Trade, — 1.87 1 Low 194.8 225.7 — 135 1 1953-1953High Change May 8, '53 194.6 Utility 100 103 r 102 130 April-Oct Jan-July major indus¬ and lows for preceding week and with highs 221.6 Goods Non-durable 84% 103% 191 _ prices of the common 1953 for composite and by 15, Transportation 139% 98 100 — —. Manufacturing 77 93 Lou> Agricultural Mortgage Bank (Col)— A 20-year 7s April 1946 A 20-year 7s Jan 1947 Bogota (See Mortgage Bank of)— ACauca Valley 7s 1948 prices based on the closing week ended May Percent 2 84% 193 Mar-Sepf Jan-July Feb-Aup —Feb-Aug Feb-Aug April-Ocf Period 1 56 18 99% Interest Exchange 22. Range for 1952 85% Friday Stock 47.22 20— 8B 102 Foreign Governments and Municipalities American 24 Low May 9b — Feb-Aug BONDS 47.10 Apr Low 47.36 75% 130 Union— debentures 1959 f s May 3 47.34 76 Newspaper conv r . 49.80 Feb Fri. 11 1956 A5s income debentures 1954 Washington Water Power 3'As 1964 West Penn Traction 5s 1960 Range for 106» High 47.24 try groups compared with the Hotel— Waldorf-Astoria „ coupon 1953 1953 1956 1940 coupon l 1 Dec ex 18____ Thurs. May 21 75% 84 _April-Ocf Co— 1940 coupon A6'/2S A6V2S * Closing May — — 1138 Jan-July Industries— 2nd stamped 1946 Hydro-Electric with Aug 1 Terni 94.68 Tues. 25 (Hugo) A7-4s 94.66 92.66 , 75% 53 — Stinnes Stinnes 92.56 96.38 106% 77 1101% 102% mortgage 3s 1971 —.— Jan-July Southwestern Gas & Electric 3%s 1970——Feb-Aug Starrett 96.31 94.89 Wed. 85% 1st Spalding 94.99 94.79 68% 94 81 1962-Jan-July A Southern 94.78 109.30 63 85 Jan-July Sapphire Petroleums Ltd 5s conv deb California Edison 3s 1965 D 109.30 51.21 101 93% 3s 1981—May-Nou Southern series 51.10 108.30 Compiled by National Quotation Bureau, Inc. Durable 50-year 67o debentures 1998 Harbor Water Power Corp 3'/8S 108.21 May 15, 53 April-Oct May-iVou Safe C 94.68 (35 Stocks) 91% 95 — Electric & Gas Co— series 94.87 92.44' 96%: 85% —— 27/8s 92.46 96.41' Over-ttie-Gounter Industrial Stock Average 150% 94 J an-July Hydro-Electric Co— A6V2S with Oct 1 1940 coupon 1960—April-Oct A 6 Vis ex Oct 1 1947 coupon 1960 and 96.47 95.03 104% Piedmont 1st 95.24 94.83" 57% — 130 Jen-July Jan-July Ohio April-Ocf 1st mortgage 3s 1971 ———April-Oct Pennsylvania Water & Power 3'/4s 1964—June-Dec 3'As 1970 Jan-July Service 95.31 109.21 The SEC Index of stock 1953 extended to 1963 Power 1st mortgage 3'/4s 1968 series 22 107.71 50.98 95 V* GO 155 6%s due 3'As . 65 7 m.*. 90 +87 $96% 100 Nippon Electric Power Co Ltd— •A 1st mortgage 6 '/2s 1953 Public 94.88 50.66 108.36 $30 Mar-jVoo England Power 3'As 1961 92.49 105.38 75% 59% 192 1963 to 4% Bond* . 84 60 RR— at 40 . * Nigh 91 $91 J an-July 1952 A7s ex Nov 1 1947 coupon 1952 Italian Power Realization Trust— A6% r/o liquidating trust ctfs Italian Superpower 6s 1963 96.71 95.05 95.30 Total lties 105.59 RR— 1970 mod) 108.13 51.04 10 Utn-r Rails 278.16 21 96% 102% 150 96 *104% 105% Isarco Hydro-Electric Co— A7s with Nov 1 1940 coupon Midland i 5 66 $57% 195 Ve June-Dec 1963 3%s Western & (stmpd ser 86" Mar-Sept stamped Guantanamo 24 " - Ralls * May-Noo May-Not? 1953 1953 1947 coupon Residential Mtge Bank— Finland Green , trials Stock* . 275.91 — Dat*— Jan-July Mar-Sept 1956 1 1940 coupon A6%s with Nov ex *■84% 86 Ufay-Nov May 1965 ~ A6V2S Jan* l Low No, 92% ities - 278.04 — Elec Mfg Co— Ercole Marrelli T RR & 98"% 150 92 i roads Grade Grade 276.92 20——— May . ; Mon. 1993 Water Elmira i 18 19__» May rn - 10 Second Indus¬ - Range Sine* Sold High 65 First : 10 278.51 May May May 2% . ' Util- ' 1993 & Fuel 3'/2s Gas 3% May . Rail- ;*■ 'Dat* < series B 4s mortgage Eastern ■■■'; 7% Apr May m Total trials Division— of N J mortgage 4s series A 1st A 1st : > $140 Jan-July Western RR— Lack & Lackawanna Jan . 15 Indus¬ 40% May Bends Friday's 98% 98% Quar-Feb June-Dec A May 6 20 May ■ 1,900 -BonO»10 30 * 16% Mar Bid & Asked Sale Frica 1970+-—-June-Dec 1998—— 1970 1 series 2%s Apr 38 of representative stocks and bonds averages the New York Stock Exchange as compiled by Dow, Jones & Co.: -Stocks- Week's Rang* Last . on ,105% Jan . Interest :: • 15 - r,-.T i. listed the daily closing are Mar Jan 9,400 :3%._ Jan Jan - Below .3% Mar 14 .14% . ■" ... r' • >r 1 ft Jan 13% 600 39%. 38 ■ 5s 12 200 Stock and Bond Averages Feb *14% ...99% May- 850 . . 3 20 ... . . 15 15% 15 Apr Jan 100 12% "x w," without warrants. w," with warrants; 6% Mar - n May 14 "w Mar 9 Jan 800 12% — 6ya Feb 52,500 -- . Jan 11% % when issued; 3% Apr 4% 3% 1," Jan Feb 8 3% - deposit; "cons," consolidated; "cum," cumula¬ "w 4% % v traded flat. receivership. in May 300 200 Transaction lor «Mb r tive; "conv," convertible; "M," mortgage; "n-v" non-voting stock; "v t c," voting-trust certificates; 12 5,300 . range), In year's included (not transaction year's range), x Ex-dividend, y Ex-rights, e Ex-liquidating dividend. and asked prices; no sales being transacted during current week. being § Reported Jan 25 — 12% ~ 1 Chicago Transit Authority— 3%s revenue series of 1947-1978 Delaware in bid 25% Mar 9% May 12% % 3% £1 Power ,3,y4s Elec Steel Under-the-rule n included $Friday's 18 % Feb 2% v J.oto Edison (not Jan 23% May 350 ' 8% 8% Feb Mar 23% 600 6 5 . __ 12% American Stock Exchange Boston Odd-lot transaction principal. Mar 200 ' 14% May . . Friday, Bethlehem 32% — 4» —• bonds 6% Deferred delivery transaction (not Included in year'* range), d Ex-interest. (not included in year's range), f Ex-distribution, g Ex-stock dividend, ti Ex- a 15% 1 Wright Hargreaves Ltd Appalachian ♦ value, par 14% —25 preference:.- 6% 6% 3'/. 69 A Bonds —, —100 ptd American deposit receipts t, 3 204 5 Abbreviations used above—"cod," certificates of 1 -' Woodley -Petroleum common—-— Woolworth rF W> ltd-T-r V 32 5 18% __ Woodall Industries Inc——„„ —2 ' 41% 30% 33 4% 34% May 23% Jan 1 ———_—... Wood Newspaper . 39 4% 15% May 1 Wisconsin Pwr &. LL. 4 % %> 62 4% 17 __ common preferred 57c v . 39% 4% 375 ■ B Inc Brothers 44 39 Jan-July 1919 700 1 - Petroleums Ltd Wilrich ^Wilson 39 % —June-Dec 6%s Government 18 __ & Co.— Products Willson 12 42 $31% 16% 10 & Co C) (R Williams 43% 43% Jan-July 15% 1 Corp.. (The) 41% 43 $38 Jan-July 17% — 25 Oil Corp—, River Wichita 100 43 Mar-Sept 15% • 5 preferred (Wrni Whitman Wickes Jan 181 «—■ ' conv 58 96 39 2008 1997 18 —1 Shoe Mfg —,. Whirlpool Corp ——. White's Auto Stores Inc Weyenberg 5 % ']'« E 15% 10 Inc Westmoreland )86 -- Coal Westmoreland 2%s series 1921 •No Jan ' • 1% 10O A5%s Jan 6 4% West Texajs — Jan 1% Jan 4% 4% * Utilities $6 pfd— Oils Ltd Leaseholds Ltd 2%s f s A Russian "Jan 1T.25 Western Homestead to High 57% — 101% tioo Jan Jan reduced Low A)— Sinking fund 3s Jan 1 1997 Rio de Janeiro stamped (Plan A)— Interest reduced to 2% 2012 13 % Mar 2% (Plan Jan. 1 No. (Republic of)— Extl Jan —100 Corp Webb & Knapp Inc__ * Peru Mar 1% 7,900 13 2 2 110 stamped Interest 8% Mar 105 1 30 Co com Watch 8% — — Parana 3% Mar Jan Range Since Sold High *57% June-Dec June-Dec Bonds Friday's or Bid & AsJed High 2% 600 1 preferred $2 cumulative Waltham 3 8% — IIlOO Bond Inc & Sale Trice Mortgage Bank of Denmark 5s 1972_ voting Baking preferred Wagner Last Period Exchange AMortgage Bank of Chile 6s 1931 Co Aircraft Week's Range Friday Interest BONDS Shares W Waco 22 Sales for Week of Prices Sale Frice American Stock Exchange MAY FOR WEEK ENDED RANGE Week's Friday 34 The Commercial and Financial Chronicle (2278) Monday, May 25, 1953 ... OUT-OF-TOWN MARKETS RANGE Boston Stock Week'* Last American Tel & Tel American Anaconda Albany & Boston Edison Boston Elevated 157 "II50 100 RR » —- 153 3/e Apr 161 % Apr 26% Jan 37% Apr 45% Feb 85 50% Members Jan 19% 309 38 49 ye 50 High 35 3,736 126% 129% 25 - Low 203/4 37% „ Watling, Lerchen & Co. Range Since Jan. 1 High 203/4 —. Shares 155 % 157 • Copper Boston "■ oaies of Prices Low 100 Woolen MAY 22 ENDED for Week Range Sale Price Par WEEK Exchange Friday STOCKS FOR 1,201 . 123 Jan 48 New York Stock American Stock Exchange Stock Exchange Detroit 129% May 53% Feb Apr Exchange Ford Ry— Midwest Stock Exchange Building : Telephone: . DETROIT . WOodward 2-552S ' Stamped & Personal Boston .—100 $50 paid Boston Boston Maine 5% Cities Hecla „ 13% 15% May Jan 393/4 May 43% 25 Apr 30 Jan 110% 110% — 8 100 15 100 Jan 120 Jan 8 10 83/« 9% 95 85% 83 mm*. new__10 201 10% 70 7% 82 ~ Feb 93/4 Mar Apr Apr 95% 13% 1st Eastern pfd series Jan Lines SS - mmmm Inc + 44 44 5 20 —100 A— 19% 20 520 • National Stores 43% 75% 59.17 73% 75% 34% May 45 May 19 21 Jan Apr Gillette Safety Razor Co new 1. 36% • 67% 69% Copper „ Apr 58.75 Apr 59.17 May 66 Apr 75% May Altes 32 Ya Jan 37% May American Metal Markets 1,800 98 ■• 633 46 Apr 119 100 Chemical Corp Mullins Mfg Corp ___ __ —1 -5 ' • ' 39% 15 119 40% 432 115 37% 1 Nash-Kelvinator National 5 Service Briggs 41 % Feb 23 V2 May 123/4 100 11 22% 22% 22% 10c 10c 13% 133/4 2,601 100 114% 113% 114% 170 New York New Haven & Hart RR_ -100 North Butte 'mmmrn '--'. —2.50 Mining 21% 90c 100 100 20 21% 5 99c 2,100 100 5 Jan 213/e Mar 9c 100 May 13 Yb May 111 263/4 Mar Bear Jan 21% Apr 66c Jan 993/4 Mar ■ _ Quincy Mining Co Folding Machine _1 Drug Inc 50 21% 21 22 10 —-'.I 2.50 — 193/4 10 Brown-McLaren 25%. Feb Stone & Chrysler Corp Fruit United Shoe Co Feb Consolidated Feb common ! Co 115% Feb 33% Feb Paper $4.50-preferred iui Continental Motors"! • Apr Apr 233/4 Mar Feb 10 3/4 Mar 400 1% 150 1 Jan 1 % May 6% 106 53% Jan Detroit Gasket Detroit Gray Iron Laundry Detroit-Mich Carey 21% Jan Federal Apr 28% Frankenmuth 27'% Apr 31% Jan Fruehauf 13 20 12% Apr 143/4 Apr Gar Apr Apr 58 % Jan Gemmer Manufacturing 41 Jan General 543/4 2,669 51% 37 37% 800 36% 28% 28% 13% 155 Jan C 100 Milling O N & Machine T P Cincinnati Cm U Cohen Dow „ __ 10 com 20 Tel Stock Yard Apr 133/4 Mar 49% Mar Great Lakes Oil 31 % Mar Goebel 19% 96% 48% High 25 Jan 25 May 67 17% Jan 38 74 96% 10 37% May 94% May 15 15 16% Eagle Picher 8 10 26% 20% Formica Ins • 37% Gibson 37% y 78 49 49 49 20% 35% 102 Kresge Jan ■ -f 11% Mar ; 200 5% Jan Feb 4 7,597 24% Jan 253/4 Mar \ 13% 100 13% May 13% May < 100 1% May 700 4% May 43 43 103 43 2 % w.. Jan 6% Mar May 463A i j 6% 6% 200 6 May 7% Feb 3% 530 3 Jan 3V4 Jan 25% 25% 219 24% Jan 6% 6% 6% 1,299 6% Feb 5% 5% 1,570 5 Apr 62% 61 % 62% 2,187 60 Apr 8 Jan 2% 8 8 100 2% 1% 2 4% 4% 100 8% 1,187 8% } Jan ' 3 3 7% 200 .'27 Ve Mar 7% Mar < Jan ; 8 69% 8% Feb / Jan 1 Feb 2 3/4 Mar 1% May 2% Mar f 4% 2,250 4 3/4 Mar | 7% Jan l 8 % May { 16% 200 15% Mar 9 May 17% Mar * 15% 16 437 15% 16 % Jan I 9% 10 2,370 * 9 16% ~9% 1 Feb May 16% 9 2% Motors 6% 9 100 9 Jan 7% Mar 10 May 7% May 3% Jan r. 12 1 LaSalle Jan 50% Mar 107% May Motor 77% Mar Jan 15 20 Feb —; 7% 7% 608 Jan 1 4% 4% 100 1 26% 26% 315 1 1% 1% 100 1 % May 1% 10 35% 35% 235 34% Mar 35% Feb 2 Mar 16% Mar 10% <S Co Masco Jan Jan 16% Mar 6% 1 3y2 3% 200 3 % May 4% Jan 24% 53/4 Mar 27 y2 Mar Apr Jan Jan 14 27 Apr 1% 1 Kaiser-Frazer 19% Mar 73% 111 5 1053/4 Mar 4% 10 King-Seeley Kinsel Drug 43% 12 37% * Art 102 % May 1% Bearing Electric 102% 60 8 Feb Mar 383% May 4V2 10 & Ironite Inc Jan 43 94 % i27 Apr 4% Manufacturing Howell Apr 16% 100 6 *'•'* 5 Bal) S) Wines Screw Products 1 6% Metal 3% 1,240 2% Feb 3 % May 30% 30% 125 30'/e Feb 32 y2 Mar Products— preferred 4 Electric 3% 22% 22% 240 20% Jan 24 Feb 1 Welding 3% 10 Corporation Murray 3% 10 Products Mount Clemens National common 75% May 23% Jap Range Since Jan. 1 20% 20 « * 25% 2% Lamp Hoskins 23% 190 Feb Jan ~1% 1 Preferred 54 75% 2% 17 y2 :35% ,100 1 Chemical & Higbie Mfg common. 165 75 Apr 1 5 Brewing Hoover Low 24% j 13% Graham-Paige Apr Shares 25 16J/s • 6 5 — Jan High 24 % 24% 75% ♦ 10% Mar 25 % 25% 1 Motors 28 for Week 106% 107% 50 (Dan) Range 43% Electric common_8% & .10% 1 Industries 43 Ya Sales Week's 37% „ 1 1 Trailer Wood 12 Y\ Exchange 19% __ 10 * common Brewing 50 47 ot Prices Fawick 635 13% 45% Low 25 102% 102% 985 • : May ,42 2% 1,117 - Feb -•20 15% May ..200 38% 2 Apr 52% 10 Preferred Cin Manufacturing 253/8 37% 8 76% 25 7% May 1 i Stove 19% 543/a 20 285 38 ;V 1 178 Last „_ Gas Mfg 120 Friday Cincinnati & 350 Sale Price 3,100 75"% —20 293/4 Par 2% 15% 25 38% 1 — Edison 27 STOCKS 20 36% May 405 .. ,18% Feb 6% Mar ..100 36% 6% May Cincinnati Stock Baldwin —_ 20% 453/4 Apr /v. Davidson Bros Hall American — 29 __ 76% —• ; 26% * Apr 16 y2 .,100 20 , 1.00 May 104 103/8 III25 12.50 Apr 3% 2% —10 20% 5 Waldorf System Inc Westinghouse Electric Corp 4 * Consumers'Power-common 1 _• Machinery Rubber S Jan Jan 15% —25 19c 293/4 • 6% 20 "2% 1 pmmm • Drill Twist United U Inc Co .6% 20 5 «. 13 Webster Torrington Union * Association 3 Ye 2% „200 17% ' 36% Mfg Corp 143/4 Eaton Shawmut 17 High 300 .225 •; 13% May 6 103/e Reece Rexall 590 1 Manufacturings——— Detroit Pennsylvania RR ; Bohn Aluminum & Brass common—5 Jan ' 3 Low 4 3 - Range Since Jan. 1 Feb 140 .13% 1 England Electric System New England Tel & Tel - Share* •; High 3% — —2 Jan 23% 20 Cos New Products 132 Burroughs Narragansett Racing Assn Low 1 ~.— X81 23% -- Brewing Sales for Week Range of Prices 1 — Apr 12:% 1 Allen Electric Apr 643/4 Maine Central RR— preferred Week's Last ar 413/4 45 Exchange Friday Sale Price 165 . 37% Kennecott Mathieson STOCKS Big .• —— 43% 58.80 mil General Capital Corp General Electric 5% Detroit Stock Jan 9% May Massachusetts Street Ry— Eastern 6% 145 393/4 263/4 . Service com 153/4 393/4 -- IIlOO Eastern Gas & Fuel Assoc First .— & Providence RR Calumet & 15% 100 263/4 pref w i Prop Trust 3% 3% 800 33/4 Jan 4 Mar 258 3% Mar 3% Jan Apr May 23% Mar Packard 50 35 Mar 37% May Parke 441 48 May 53% Peninsular Feb Motor Car • Hobart 10 __ Kahn 27% 27% 50 27% May J 30% May Pfeiffer 50 49 49 49 75 44 % Mar 50 Prophet 40 38% 40 317 36% Jan 22% 100 21 Jan 23 Mar 62"% 63% 61% Apr 68% Jan 20 5% 36% 730 3% 3% 1,200 3% Jan 18% 18% 260 16% Jan 6% 6% 216 5% Jan 1 22% 20 Ve 5 1,660 G3/4 Apr Jan 44% Mar 36% May 4 Feb 42% Mar 22 5% 36% 3% 1 Products 36% 1 * Metal 5% * Davis preferred Kroger • Lunkenheimer Procter & Randall * Gamble class • B 5 Rapid U 63 Ptg preferred— 1,093 Reo 19 • S ' May 13 50 __ 19 224 18 Jan 13 13 35 12 Jan 13% Mar 49 49 84 48% Jan 49 May Brewing (Fred Co B) Motors Rickel (H W) Unlisted Allied Raisin Rudy Manufacturing Paper Shelter r„ Cyanamid American > 10 Radiator — 14% 14% 10 155% 156"% 130 39% 38% 39'/a 1 15% 15% 16 7% 7% 7% 52% 52% 10 Steel • i Cincinnati Cities new— Transit ! Packard 19 19% 19 85% __ 35% __ 5 __ 62% 56V2 American Air Corp 15 30% Jan 33% Mar 13% 500 13 Apr 15 34% 35% 115 34% May 92 % Apr 97% 98% 183 15 % __ Jan 2,500 2l/a Jan 4 14%4 15 480 133/4 Jan 15% Mar Feb 17% Mar 100% Feb 47% Jan 43% 43% 22 745/3 196 66% Apr 74% May 61% 62% 284 59% Apr 69% 56% 56% 175 18% 60 40% 53% Apr Feb Feb 14% 22% 1 16% 16% 150 163% 1 3% 3% 100 33/a Jan 3% Mar 1 13/4 l3/4 3G0 1% Jan 1% May Angeles Stock Exchange 25% Jan 37% Apr 51% May 39% Feb 55 % Mar 5% 50 5 10% 10% 20 10 Jan 11% 14% 15% 110 10% Jan Feb 15% May 29 % Jan 6% Jan Feb 25% 25% 110 25% 25 25% 100 24% May 28% Jan 58% 59% 55 56 Apr 60% 38% 10 38 Apr 43% Mar 34% 12 14% 15% 103 69% 69% '*10 32% Apr 37% 14% Apr 69% May 16% Feb 80% Jan 78% Jan Jan 10 35 * __ • Westinghouse __ 70% 70% 100 68 34% 35% 345 33% Mar 66% 67% 97 64% "Apr 72% Feb 40 25 38 44% Jan 45% 46% 16 43% Apr Apr Apr 38% Jan 49% Mar see page 43. Alleghany Corp - 56% 56 56% $5,600 (Un) Chemical Allied & 55 May L__ ___J Dye 62% Jan Par (Un)^ American Airlines American • Inc Co Can American Potash Amer Radiator (Un) Range American Smelting American Tel * Co Refining Co Armour & Ashland Oil & Co * Ref 10 (Un) Corp Ohio RR & 50 ; Baldwin-Lima-Hamilton Baltimore 11% 1 (Un) (Un) Manufacturing a38% 5 (Un) Atchison Topeka & S F Avco (Un) (Un) (Un) lo 3 13 100 Bandini Petroleum Co 1 Bankline Oil Co 1 Barker Bros i Earnhart-Morrow Basin Oil Co Bethlehem Blue —f 10 common Oil Steel (Un) Corp 33V3C (Un) __ 96 y4 __ 7% __ __ 3% __ 16% „ __ a63% Jan 15% Jan J f ' 'l Apr 15s/8 May 297 34% 34% 235 34 % Mar 34% Mar 14% 14% 540 14 Ve Apr 15% Feb 37 Apr 43 % Jan Apr 160 Ya Jan a35% a37% 154% 381 a46 110 20% 65% 20% 500 a37y8 a38y4 249 30 a38% a38% 116 38% 11% 1,190 10% al5% al5% 20 Mammoth Mining Corp < ! • 25% 44% Jan Apr Apr 42 Ya Jan Jan 123/8 Mar ; Feb : 15% Mar 183/8 Mar 96 % 180 91% Apr 96 % May 29 29 210 28% Apr 33% Jan 8 3/4 Feb 7% 7% 360 7% Apr 10% 10y2 200 10% Jan 11% Mar 253% Apr 29% Mar 27 620 3% 3% 1,485 10 10% 510 15% 16y4 430 30c 30c 800 6'% 6% 1,165 a62 a63y4 110 59 Apr 67 Apr 57% 4% 3 Feb 8% Feb 15 Mar 153/4 May 17 Mar 21c 5% Feb Apr 52% 53 380 50% 12% 13 315 11% Mar 4c 4c 2.000 8% 8% 600 __ — 55 Mar 53 2 j ; 50 — __ a— 96 % 26"% i < 203/e May 36% Apr • 10c Apr 72% May Jan — a54% a54% 11% 36 -" a 2 Co Diamond 1 20c Bendix Aviation __ __ 58 Apr 13% a45% a37% » 51% 72% 10 1 127 1,924 50 5% Mar 74% Jan 143/4 May 32% Feb • 1553/4 156% 72% 72"% (Un) (Un) ! Feb Feb 420 i37/a 156% 25 High 4% . 220 a54 a543/4 i3i/2 al4% al5% 100 (Un) (111) Refining __ 90 70% 100 230 (Un) Corp __ Low 4% a68% a68% a35 a353/4 (Un) Anaconda Copper Mining Co Steel __ Range Staee Jan. 1 High a353/4 Corp (Un) Woolen • Shares (Un)_* Tobacco Anderson-Prichard Oil Armco (Un) 4% Sales for Week 25 Tel & American Viscose American & __ 137/3 al5% 12% San __ „ 1 (Un) St of Prices Low • 1 (Un) & Chem & 1 —• Allis-Chalmers" (Un) Black 1998 • . Bishop BONDS Cincinnati Transit Co 4%s ; - Feb 3g% Week's Last Sale Price Atlantic 40 __ STOCKS Jan 5% 34% May Die__ & Los American 58% Mar 18% May 20% Apr Apr Apr Products Tool Screw American Brd-Para Theatree 38% Mar 74 65 __ 25 - 31% 13 62 34% 5 Steel 31% 55 __ 25 (Ohio) 95% Mar 38% __ (N J) Apr 52 » (Indiana) 82% 24 25% 15 Co 60 23% „ _• Vacuum 19% May 4% Mar 51% __ • Sinclair Jan 37% __ May 3% _x 1.40 Sears Roebuck 86% 633 237 __ 33%c Schenley Ind 83% 4 38% » 1 Pepsi-Cola 3'% 18% _* For footnotes Wayne Jan 19% __ 8 . Union Carbide 4 Jan • Oil Oil Manufacturing Superior Jan • Edison Standard 57% 79 % .♦ Central Oil Apr 41% 5 National Cash Register Natl Distillers Standard Oil 9 Vs May 3% 10 Feb 49"% Apr • Motors Standard 13/4 Mar Jan Jan 76 % May 5 Stores Electric Southern 8% 36 % __ Socony Jan 8% _1 18% Mar Apr 77 7 Pont Radio 43 Feb 7% 30 • Dnyton Power & Light Y Apr 15 % 77% __ Ohio 37% 136 129 38% 12.50 Gas Ohio 116 76% » General 1 % 397 Feb 76% 8.50 Co Department 360 Jan 37% 10 Federal 15% 161% 38% Service General 47% Feb 14 % May 153% Apr 39% May 54% Jan 25 Products Columbia Apr 25 Gas Cincinnati __ 37% 335 1% 9 Friday Ohio & Chrysler Corp S 75 10 Oil Chesapeake U 48 156% Steel Bethlehem Pan 25 3 Armco Ashland N 39% Telegraph—100 Avco Du 39% 47% „ 5 American Telephone & City ' 39% 23 % May 23% 1% 9 Feb Stocks- Stores Mar 2 River Scotten-Dillon American 7 5 Co & 19% Mar 3c Jan 8 Jan 35c Apr Jan 7% Mar Feb Jan 13% Mar 5c 9 Mar Jan • Number 5223 Volume 177 (2279) Chronicle The Commercial and Financial ... 35 OUT-OF-TOWN MARKETS RANGE ' FOR 'WEEK ''Friday Week's Last STOCKS t Sale Price Par Bolsa Bond Stores .15 Company Case I) 10% - 9% 9% _ — 12% 10% . — Apr 10% Jan redeemable class A 20% May 2374 Mar Pacific (Un) 26% Feb Pacific 10 Feb 11 Ya Jan Packard 5% Jan 26% Apr ' - _ 355 Pan American World 22 % Feb Paramount 38 Va Jan Penney 25% 30 4% 574 Mar Apr Chollar Edison 295 36% Apr 40 Ya Feb 521 77 Apr 93% Apr 94 Ya Mar '•„• _ •• new 2574 Mar RKO Pictures.5(Un) 547 18 Apr 20 Ya Mar RKO Theatres 649 13% May 305 34 V ' 19% 13 Yi - ,, a34%a 35% 1,400 15c >15c — . Pullman Ltd Mines Dome 38 12% 371 11% 1a Apr 15c 50 55% 55% 150 al4% ia 14% 25 9% 40% Feb 16 • c. 37% Mar 11% Mar L_. Rexall 98 346 a24% a2474 130 98 ••'%' Products 'Electrical Eureka Exeter Oil 44% 34 y2 24% Jan 16% Jan 98 Apr Oil 28 May San Francisco Louis i Sapphire 1 Schenley Industries 'Seaboard ! Sears (Del) Oil •Seaboard Oil , Feb 46% Apr Servomechanisms 36% Jan Shell Feb 24% Feb Oil Hancock class Co Oil Corp 50 1% Feb 39 Jan 10% 300 9% Jan 1.70 Apr 10% May 1 Hunt ^ preferred 4.88% Jan Southern California 36% May 36% 200 18% 18% 25 39% Feb Southern Calif 20 Mar 20 100 26% Apr 32% 75% '630 68'/a Feb 75% May 61% 747 59% Apr 69% a25% a25% 39% 38% 10 % 1,160 238 V4 27% Jan Apr ^Jan 39 y2 May 35% Mar 500 2 Feb Feb 34% Mar 105 2% 26% 35 2,500 a__ 2y8 May 2% Mar 2 'Feb 58 •56 56 185 52% Apr 13% 13% 185 12% Jan 13 Ya Mar 127 21 Apr 26% 175 32 y2 Apr 124 46 y4 May a23y4 a35% 1 * a a34% a36V4 46% 46% -25 26 2,327 23% a 17% 80 15 y4 560 1.25 1.30 Jan 46 Ya May x_. . Nickel (Un) 15% Mar 16% Feb 16% Mar 19% 60 83% Mar 83% Mar 3c 1*000 1.20 1.30 300 a30 302 a40% a40% — Steel (Un) 10 Kaiser Alum & Chemical common—1 Kaiser-Frazer —1 Kansas Power & Light (Un) 8% Kennecott Copper (Un) — —* Kern County Land Co 2.50 1V Laughlin & Jones 10 , Mar 4c Jan 2c Jan 1.35 1.10 Apr 33 29% May /Jan a— a— Co Oil Standard Sulphur Inc Textron - Lockheed Twentieth 19% Jan Jan Union 24 24 24 1,571 21% Apr 24 May a27%a27% 55 25% Apr 29 Jan (Un) Loew's Inc t Co (P) Lorillard "45 3% Jdn y4 a4y4 " . Oil RR United Air Lines 18% 18% 20 19 Jan 19 Ya Jan United Gas Corp 67% a 69 142 68 Apr 80% Feb U <'49% 50 975 45% Apr 59% a Jan 140 565 21% Apr 23 a9 25 8% Jan 10% Apr a82c 85c 3,300 Jan "1.00 a27% 100 Los Angeles Investment Co Manufacturing Menasco Inc Co & Co Petroleum Merchants Merck —1 1 —1 16%c Oil Co Mascot (Un) 10 .1 Mississippi River Fuel . Pictures ; Montana-Dakota Utilities Monogram ■J: Rights Montana Potter Motorola Inc National Supply National Theatres New Corp Norris North North _i RR __ — 3 __ „ a7 • 23 „ Co American RR Pacific (Un) Aircraft Oil Co Co a420 3% 1.25 21% 1.50 3% 1.30 2iy8 37% a4y8 37% a4% 24% r'i7tf S • (Un) H 1 12 23 19% 22% 28% a6% 24 80c Feb Mar 38 Apr 19% Apr *26% Mar 389 11% Jan 14% Mar '190 1 25 V4 28% Mar Jan 1.45 2% 1.70 Apr 225 Jan 2,950 70c Feb 23% 700 6% '•525 a47 a26% a27% "102 a46% Feb "27 '■ Jan Mar ;• Apr I 6% 145% Apr 28 Ya Jan ■ -27 126 Apr 90c Apr 1.50 Jan 420 55 Apr 63% Jan 1,000 ..12 Jan 16y4 Mar 32% Jan •36y8 May 950 95c 97 %c 95c 5% 41% ' •• -58 59V2 14% 14% 35% 35% '415 32% 33 -755 -28y2 Apr a22 % a22 Ya 20 19% Jan 22% Apr 2^ May <3U Mar 59% 2 „ 800 2% ,'u - . 26% 75 Feb Jan •33y2 - 27%-Jan a24% a26% 23% 237/a 1,682 a75»/4 a75% 30 a58 % a59 112 _L a6V2 a7 500 68% 69% 79 Apr 72 Mar 87% 87l/2 l,2z2 .Jan 38% 80 Ya Apr 37% Apr 90 535 42 Mar a33% a34% 503 32% Apr 36% Mar 35% 36% 1,392 34% Apr 39% Mar a23 a26 Vs 82 38% • a34% 15 , 25 2 60% Apr 63% Feb 7% Mar 6% Feb a23 33 23 26 Ya Feb a267/a a267/u 13 26% Apr 28 Jan 31 31 240 31 32% Mar 11 11% 3,600 14% 14% 272 __ — a— 56 Ya 1 Mar 25 22% Jan a__ 11% -- __ Mar May 13 y8 10% May 14 Ya Apr • Jan 16 Ya Feb 42% Feb- 46% 47% 946 92% 92% 383 78 a49 Ya a50 75 a— a28% a28% 175 — — 49% Mar 92% May a__ — 27% Jan 29% Mar 51 1,337 54% 53 53% Jan 59% Apr Jan a69% a70% 25 15 10 ! 147 71 % 'Apr 71 % Apr 72% 346 70 Apr 75% Jan a34% a34% 72 34 % Apr 38 Feb 72% — 25% Apr 34 Ya Apr 27% Jan j 1,703 18 Ya May 21% Mar 35% Jan 38% Mar ' 33% Apr 26% a34 % a35% 619 18% 18% :h5 230 38% 305 36 36% 1,115 54% 54% 281 95% 95% 10% 10% a23% a23% 64 38% Feb 43 I 37% Jan 52% !Apr 56 150 84% Feb 102 Feb 150 10% May 12 Mar 22 yt 27 Mar Jan Apr ( 28% 15% Feb 1.30 15% (Un) States Consolidated Oil— Kamp's Bakers de Pictures (Un) Co (Un> Bros Warner West Kentucky Coal Western Lines Air Western Union ; Telegraphh (Un) Apr 3V4 Jan 25% 22% Feb HI 1,030 W May 15 30% Mar (F Woolworth W) 60 Vb Mar 65 36 y4 42% 19% 22% 23% a7V8 24 13c 14c 2.20 A 28% Mar 480 21 % Mar 190 28 " 30% Mar Aetna Steel Castings Ball & Roller Bearing Brass Mfg— 228 7% Apr Akron 452 20% Apr 25 % Jan Allegheny Corp (Unj Allied Laboratories 13c Jan 20c 74% 896 14% 14% 463 2.70 Jan Jan 20% Mar 20 % May 22% Mar "69% May 13 V2 3% 3% 2,410 3 a37% a38 93 38 35 Ya 30 27% May 29 va Mar 28% 355 28 31 40 663 38% Apr 48% 220 41 10% Jan 12% 200 al5y8 al5% 130 a23% a23% 25 12% 5 4 1 10 al5% — Apr Jan 15% Mar a__ _— 10% May 14 all all'A all M Mar Jan 44 51% May "12% Apr 15% Apr a— 12% Mar a43 a43y8 125 41 Ya Jan 42% Mar 45% 45% 366 44 Ya Apr "49% Mar 45 y4 45 y4 249 44% Jan 46 Ya Mar a41% a43 165 41 % Apr 44 Ya Feb 9c "25,000 9c May 13c Jan -- 45 A 9c * 5 —10 5 —5 ^50c 43 23 /a 8% 83% Jan Jan 18 Ya Mar Jan 3% May, Apr 38% Jan Allis Chalmers — — —-1 * 20 Mfg —1 American Investment Co (111) 1 American Machine & Foundry 7 American Rad & Stand San (Un) • American Tel & Tel Co 100 Amurex Oil Development Co cl A 5 American Airlines (Un) — -- 25% -- 13% — — 14% 155% 17 transactions only Week'a Ranfce of Prices Low Mar 16 V4 27 240 Last Aluminum Jan 93 150 compilation of the round-lot Co 4% 946 39 Ya Mar 27 10c Laboratories common Advanced 18% 31% Mar Apr Mar 40 Par Jan 2.00 Mar May 43% Mar 113 48% (Un)—* Jan 22% 5,000 1,700 Apr Sale Price Acme Apr Jan -108 28% •'STOCKS Abbott " 38 160 a26% a26% ' Jan Apr 2,463 27 Mar 22% 18 Jan 72 206 40 Friday 24% Mar 21% 66% Apr \ Midwest Stock Exchange 3% Mar , May 245 *325 19% Mar Jan 108% 108% 10 (Un) Youngstown Sheet & Tube Zenda Gold Mining Co 30% Mar 310 23 13% a37% a39% 1% May Apr 978 16% 39 Ya 12% Westinghouse Elec (Un)— 40"% Mar 36% 50 95 Feb 17% Jan a66% a67% 10 ~-5 * 10 —— (Un)_ Steel Corp__ 24% Apr 25% Apr 15% Apr 29% Mar 440 2,002 . Apr 5,370 • 15% 22 166 a23% a24% 26%2 28y8 1 22 % Mar 21 '/a May 725 __ 4% Mar Feb 300 Jan 420 Jan 420 1,400 69% 3% <20 ,23 6% 10 5 —a* Rubber Co United Van 35 Vb a28% a28% 60% 60% a35% a36% 18% —1 52 Ya Mar Jan 115 a420 " 1.45 a__ 1,324 a20% a2p% 1 _10 _100 (Un) (Un) Co Northern Edison a34% a35% 22% 24 12% 12% a27% a27% 2.15 14c Northrop Ohio — 1 10 . (Un) Amer Aviation Inc Oceanic ■— * Corp Oil 37% 19% Inc Central York Nordon — .5 (Un)__* (Un)_ Co — 1.30 -1 Prod National Gypsum Co_, - (Un)a ' (Un) Distillers — __ — & Co Inc (Un) Nash-Kelvinator National —____ (Un) Co Ward Montgomery * 5 (Un) —i,— __ 4y8 May Jan (Un) (Un)__ (Un) Aircraft United a ^.10 Jan '46% —• Calif common—-25 (Un) 50 of Co a 7 _ 3% 665 5% Mar 22% .• (Un) 520 1 Film & Carbon Union Pacific a35% 23% 127/8 4% % 5 —2 (Un)__ Corp Century-Fox 12% a4y4 (Un) Corp • Jan "'a4y4 (Un) Tri-Continental Apr • 1 _• Jan 16% 25 Axle Timkin-Detroit Transamerica 10% a8% Aircraft Corp 19% 50% 6% —* 50c 10 (Un) Oil Assoc Tidewater 17 a9 Lion Oil Co (Un) , 14 y2 Mar 16% May 4 16% 36 Va common 481 ' i Feb Jan 49% —1 (Un) Company'(Un) 2,115 85c *12% 116 5 Apr 29 " 150 (Un) |Swift & Co (Un)— Sylvania Electric Prod (Un) 12 22% 10c Apr Jan 4% Jan al2%al3% Mar 4% Apr 3% 26% Oil Corporation common. Sunray 17% __ (Un)— Studebaker Corporation 17% __ Calif CN Stone & Webster Inc 11% a27% of J) (Un) (Ohio) (Un) 12 a8% (Un) Libby McNeill & Libby Lincoln Petroleum Co 2,550 3% • • (Un) Inc (Ind) Oil Co Union Carbide A ;— —— 3% — -_1 (Un): Co Gas Lane-Wells 43 — Universal Laclede Apr Jan a29% International.Tel & Tel Corp (Un)—_• Intex Oil Co 33y3c , 40% 25 y4 (Un) —* i) __——* OIL Co Texas Gulf 90 1.30 * —; 266 150 • — Co Standard Texas 115 3c • International Harvester International Oil Standard Apr a75% a78% a 0c Intercoast Petroleum ; 41 205 _5 pfd Gas 6% (Un)— Brands Standard Jan " Imperial Development 69 Ya Mar 3% (w common 1.75 16% 167/a >.66% —100 Pacific Railway New 18% . al4 al4y8 a!4 -12% Southern Southern 28% Mar Jan 1.35 a Feb 35% Mar : Feb 17% 25% 26 A— Illinois; Central RR (Un) 59 %'Feb 2% Mar May 22% a23% (Un). : Feb 34 102 41 -25 ——-25 Petroleum Standard a__ — " ______i-l 42% 259 34% Mar 75% 1.35 Inc a (Un) preferred 10% 170 a28 a29 y2 al77/8 Car Motor Foods Jan Apr 34% a57% a58% 4 Co Ltd com__25 Calif Edison Southern Apr 8y8 8% 8% 2 Development Hudson Ji* 30%, ; i-ft Feb 62 %c Jan 61% Hilton 'Hotels-Corp Holly - 9,010 2% 1 Jan 1_5 Inc Co—«._ Oil 1.65 a66 a68 — 28% 20c -15 Signal Oil & Gas class A aiy8 10% -5 (UnL 50 Jan 27 a33% a34% (Un)^ Corp Apr a29% a29% ' Company Socony-Vacuum Oil Co Inc — Mobile & Ohio RR 15% Jan * (Un) & Roebuck Sinclair Greyhound Corp Gulf rJan -1 ll'/4 Jan Graham-Paige Corp (Un) Great Lakes Oil & Chem "Gulf 11 a29% ——1.40 1.55 _— (Un). '"Grumman Aircraft (Un) Jan 435 _5 (Un) 22% -_5 — 'Great Northern RR pfd 23 % 15 1 Co_ Finance Apr 75 % (Un)_ (B F) Goodrich Jan Apr 5 4-1 Feb a29% (Un) -20 ; General Telephone "Glidderi Co (Un) 69% 20 Ry^-i-i—— lOVa 36% — 30 y8 Mar 563 15 • (Un) Petroleums 19% a (Un) General Public Util Jan 67% Mar 21% -ill Regis Paper Co 20 (Un). common. 26 %, 172 21% 4% Incorporated Stores Safeway ;St 150 a (Robert) Co (Un) Garrett Corp —JA— Co 90 a71% a72% 6% 25% — 11 10 % Corp 11% Mar a27% a284/8 2.50 10 'Ryan Aeronautical al'/a Gair Motors Jan a71% 1 Southern Company Electric 9% 4 Va Co a21 1.60 Fitzsimmons Stores General 200 25% Corporation—— Oil 11 1 General 10% il Co Inc„ Ranch '■.14.32% t' Apr — 24% 44 300 ,25c Flying Tiger Lines— Food Machinery & Chemical Feb 5 50c — a21 — 23 285 _• J> 50c (Un) 34 V8 May 436 ; Apr Apr 26 % Mar 44 Railroad. (Un) Co 379 . i.1 Gas & Drug /Richfield St 7 Mar -91% 34 y8 4 : _J, Corporation (Un) 47% Mar 41 5% 41 A 'Reynolds (R J) Tobacco Rheem Mfg Co_ii__—=____ Feb 14% May 19% a25% a25% —5 ,'Erie 13% Mar ' a__ - 4 40 Va 25% May Jan a— 126 a 9 Apr cr 3,670 34% —3 Gas Natural 20 "6 14% 98 _10 (Un)— .Electric Bond & Share (Un). 8 14% a24% (Un) -Eastman Kodak Co. Paso 19% a '5% a —5 (Un). 61% Mar liy8 May 29% May CM a20 y4 a20% a20% Eastern Air Lines E1 115 19% Apr 15% Mar 50 25% -1 _10c de Nemours (E I) duPont a7% 25% 8 58% Jan Oil Reserve Feb 29% May 295 a7% ;; _50c (Allen B) DuMont Feb 100 10% (Un) Pictures (Un) Steel (Un)_ Republic Mar 22% • Apr 12 29 3 _ Dresser '.Industries 57 11% • Jan 5574 May 29% .-1 Douglas Oil Co of Calif Jan 675 11% 10% u A Remington Rand Inc Jan - Feb 36% 100 a38%;a3834 a38 Ya Mar 16 20 120 . Apr .« 18% al6 19% al6 al9 a (Un) 64 5% Corp of'America (Un)_; Raytheon Manufacturing 36% Mar " 15% Jan 492 12% v • 1 (Un) Corp Curtlss-Wrlght Apr 1 12.50 • • (Un) Incorporated -Republic 1 Curtiss-Wright; class A (Un) 62 % __ Radio Jan ; Mar 14c Apr 15 Apr 38%- ' 38% 5 _ 150 May 41% Mar Apr (Un)— v;.:i 5 com Jan 63 60 50 33Vic (Un)_—— Feb 44 America of Corp 23% 7% Jan 5 alO'/a !alOVa (Un)_ 27 63 59% __ • Phillips Petroleum Rice Zellerbach Dodge Phelps 37% a35 Ya ) 25 Ya May 1 (Un) 80 ■,« (Del) Oil'Co Co •181 4--1—- iUn) Continental Motors (Chas) a26 % a26% 187/s 1 _ (Un) Power Pfizer a39% a4i% 50r, Vultee'MUn) 26 116 : a26% -4— -IVT Grocers, ^ Consolidated Jan 250 ^ "1,487 7 Ya ' • (Un) Feb 27% 26 2.50 Co 7% 2ft Consolidated Engineering Consolidated C) '152 7% -il S & 27% Mar 36 Ya 25%, 25% • (Un) Pictures (J Feb 85% a75'/2 a77% 13% 6f N Y 26 1,841 15% Mar Systemi(Un) Consolidated 186 4 «. Pennsylvania Railroad (Un) Pepsi-Cola Co (Un) Apr — Commonwealth'Edison' (Un)_—i___ 26 - Apr 25% May 39% Mar 26 • common Apr- 19 510 • — .38 26 . — (Unj Car a4l% Iron Consolidated Motor a82%a84% 1 - 29 % 38% * 25 : common Oil Western Jan 14u . „.,!1 . High .-8 Ya May Apr 1 33 200 a76% (Un) 27 27% 38% 10 May 19 26% a4% . 525 7 y2 May 6% Mar 100 a37% a38V4 2ft -. 25% May 1,000 19 27% 25 Lighting Corp 158 27% ' 8% — 25 preferred 226 ' (Un) Crown . preferred Pacific Indemnity 14% * 14% 2ft Fuel"& Creameries common Low 8% 115 Feb 16% 26 — ;v -10 Clinton Foods Inc Continental Elec & Range Since Jan. 1 High Low 10 25 - redeemable 4.80% Apr 12% May 525 a4% — 1 - Molybdenum Consumers Gas ; 5% 86 - 12% 5% 12% _ (Un) Gas Finance Pacific 250 974 1074 26% —1 Clary Multiplier Columbia 9% : 5% 2 Com Colorado Jan a25 h25Va a25V4 ■— Products Cities Service Climax 9% - 25 . Chesapeake & Ohio Rv Co Chrysler ,-1,180 '10 (Un)_ __ Certain-teed Apr a20a20V'a -- . — Co Ry Corp Corp 80% - 1 • Cenco Pacific 55'A Feb 80% Apr 135 10%' 10% 5 _ (Un) Co •• a31' 9 Co Oils Pacific (J 54 % May a55—• » 14 , Shares 8% Pacific Petroleums Atlantic Oil Celanese 50 a55 i — 10 Packing Canadian Feb for Week Products new com— 5% Co Southern Canadian 13 % 10 Finance 60c cv pfd_i__' Bunington Mills Corp (Un) __ Canada 73 *. Budget California Jan a80 Broadway-Hale Stores Byron Jackson ■3X8 Range of Prices Par Pacific Clay Mar Jan 5 -3,650 al3% al374 ' __ Last „ High Low Salea Week'i ^Friday Sale Price STOCKS High 4% MAX, 23 Range Since Jan. 1 Shares 4% 4% 1——_ (Un) Inc lUbc— Borg-Warner Corp (On) Borden 1 Corporation. Oil Chica Low ENDED for Week Range of Prices v ■ Sales Sales for Week Bangs Since Jan. Sbares LOW High 42% 43 23 /2 23 /a 8% 8 A 7% 7% 4% 4% 4 /2 4 U 25 25/2 300 500 W00 ^150 200 54% 54% 13% 13,a 24 24^ 23% 24 /a 14% 14% 155% 156% 16 ,4 17y8 300 700 5,100 - 450 47% Jun Apr 26 % Jan 6% .. Feb 8% May 7% Jan 8% 4% May 5% 4y4 Apr 51% ' Feb 23 Ya 1,200 Joo Apr 23 600 500 1 High 41% Apr 12% Apr 24 May 21% Mar Jan Feb 5% Mar 27% Jan 59 Jan 715% 25 Jan Jan 24% Mar Feb 14% Apr 15% 153% Apr 161 % Jan 9% Mar 20% Apr 36 The Commercial and Financial Chronicle... (2230) Monday, May 25, 1953 OUT-OF-TOWN MARKETS RANGE Sloe* Nidwnt (Coat.) Exchange Bale Price Par Copper Mining Co (Un) (Un) Steel Armco of Prices Low MAY 22 Friday Range Since Jan. 1 High LOW Apr 4574 Feb Apr 10% Jan 43% Jan Martin (Glenn Portland 37% 37% 100 37 38% 33% 100 38% 1,300 Sale* Range for Week of Prices Shares Par High Marshall — Week's Last Sale Price STOCKS Shares 37% 50 10 — WEEK ENDED for Week STOCKS— Anaconda FOR Sales Field Co & Low common. Low High 2474 _» 50% "—HI* 6% Co. 25 300 2374 Feb 25 % Mar 14 1 L) 14% 400 13% Apr 18% Mar oi Oil (III) & 50 44% Jan 51 11% 1 preferred——1—_♦ Atttey Products Corp 4 Automatic Washer Co———....3 $1.50 Avco 2nd conv Mfg Corp Baldwin-Lima-Hamilton Bastian-Blessing Co Metropolitan 27 27% 800 2674 Feb 28% Jan 7 4% 7% 4% 600 7 May 9% Feb Meyer 550 4 Jan 57s Jan Mickelberry's 1 10 10% 350 8% Jan 7% 1,300 7% May 874 Feb 11% 7% Middle South Utilities • 2674 26 74 200 24% Apr 27% 1 374 374 3% 900 2% 1 97a 8% 9% 3,650 — — — IP 1 Corp Brewing 1874 Mar 10% 10% 100 10 Jan 45% 20% 46 20% 550 45 Jan 350 19% Apr 11% Mar 4874 Mar — 5% 1% 5% 1% 6% 300 2,300 Binks Steel (Un) Corp Manufacturing Corp — 1 5 ,10 5 Co Fisheries Booth • , Borg (George) (W) Corp— Borg-Warner Corp Braeh & Sons (E J) . 16 — 20% — * Fuel Brad Burkhart Manufacturing— (F) Portland 174 Jan Modlne Apr Monroe Chemical Co common Mfg Co 16 200 16 12% 21 80% 700 1174 52 52 1774 Jan 19 Jan Motorola Apr 13% Feb Muter Apr 21 Pacific (Un) 85 Mar Jan 55 74 Mar 274 Jan 2% 700 30% 31% 500 29 Jan 38 Carr-Consolidated Cenco 500 12% Apr 17 Jan 300 1574 May 17% Feb 200 1374 1574 Feb 15% 13% 15"% 13% 13% Central Apr Illinois 111 Central $1.50 Pub Secur Nash Chesapeake Ohio & (Un) Chicago Corp Chicago Milwaukee St $3 Paul & 26% 1% 1% 300 Apr 1% May 4% 4% 100 4 % May 19% 3% Jan Kelvinator National Tile York New North Corp Northwest 2% Jan Nunn Cliff's 4%% 500 19 % May 22% Mar Oak 19% 600 1874 May 2074 Mar 4% 200 4% May — 28% 28'% 100 38% — 60% 37% 38% Jan 29 Brass Ohio Edison Ohio Oil 500 36% Apr 41% 1974 300 18% Feb 21% Mar 60 Apr 63% Pan 19% 3,000 17% 76 % 75% 77% 1,100 1 19% 19% 19% 1,600 — 82% 82% 100 —1 preferred Clinton Inc Foods __—.—.— Coleman Co Inc . — 25% 26 27 27% 5 . Gas System — (Uni_ 13% Commonwealth Edison common Apr 41 Jan 34 33% 35 200 3574 May 3974 Jan Mar 574 574 100 33% May 4 May 674 Mar 25 G2 800 May 59% Mar 42 % Mar 6074 65 Apr 35% 35% 100 34 74 May 42% Jan 7 74 450 23% 900 774 774 40 774 Apr 8% Mar 2274 1074 10% 100 32 3274 200 5% 600 4% 21% 9% 30 Apr 2574 Feb Apr 11 Jan 34% Mar 4% May Jan 23% 2374 17% 18% 400 16 % 10 21 % 21 21% 700 20 com__B 1274 1274 12% 1,800 41 4174 16% 1674 (Un) 1 Corp (Minn) • Co 2% 24 800 20% 574 Jan Jan 25% Apr Jan 20% Mar 23% May Feb 12% Jan 14% Mar. 450 41 May 43% 120 13 Jan 1,250 16 Mar Feb 1674 May class Co 1774 18 52 52 52 37% 37 34 900 51% May 37 % Apr 52 37% 39% Jan 5274 5374 500 50% Apr 56 Mar 2574 26 300 24% Apr 2774 Mar 1 B—— _* Co 8 • 10 26 10 18% Feb May Feb Feb Motor (Un) Car World American Pictures 22 Jan Peabody 75% May 96% Jan 1874 Apr 22 % Jan 84 Mar 700 22% Jan 26 May 200 2574 Jan (Un)__l 5% 574 1,800 5 Apr 10% 1074 600 9% Jan 11% Mar 27% 1074 1 27% 200 26% Jan 2974 Mar 6% Jan Jan 80 • Airways (Un) Pennsylvania RR Apr 29% Mar 13% 13% 6,000 13% Apr 15 Jan 25 35 % 34% 35% 5,800 3374 Apr 38% 38% 38% 600 35 74 Apr 3874 1 10% 10 % 10% 1,700 9% Feb 1174 Mar Company —„___25 Curtiss-Wright Corp, (Un) 1 32 % 31 32% 700 29 74 Feb 34 Deere & 25% Co Peoples Gas Light & Coke Pepsi-Cola Co (Un) Phelps Dodge Corp Corp 5 5 100 474 Apr 25 16 16 16 % 300 15% Apr 18 Jan 50 2174 21% 22% 3,100 19% Apr 2374 Jan 5 common— prior preferred 100 _____33%c (Un) 138 1474 Co 134 Jan 1574 4,100 3574 100 34 74 May 42% 33 100 31% 3674 58% 5774 5 8 74 6 00 15 15% 200 1174 11% 1174 600 3174 * — 3174 32 500 10% Jan 14774 Mar 3574 a—___—3 Phillips Petroleum 200 33 15 ——12.50 (Un) 138 574 15 74 May Jan Apr 5674 May Jan Jan 69 Mar Mar 37% Mar * Coal conv Philco Columbia 36 2774 41 1 Co Packard 350 18 (Un) (Un)_ Oklahoma Gas & Electric 61 1874 RR Manufacturing Co Ohio Feb 19% • common 300 350 1 Power Shoe Mar 4% 60% 100 Iron Feb Jan 35% 1 Bancorporation Bush 5% Cleveland 1074 5% Mar 19% 25 Chrysler Corp 8% May Feb Jan 38% 10 Car States Jan 4% 27 Central Paramount - 4 34% 5 — & Mfg American 3374 Pac— Common (Un) Corp Co American Aviation North 1874 19% 1 Jan Jan 37% 3 Container — pfd————• conv 1,000 __ 25 Corp common Chicago 21 Feb 41 50c Standard * ;— Feb * Inc National 1 —10 common preference, conv 28% -- 5 Corp_ Service Corp 27 — ——,-1 ——1 West South & Central 28 Biscuit Corporation 20 May Mar 13 13% 25 100 6% * Company Northern Canadian 20% 574 Jan May Feb 50% 2% __ 15 Brothers 200 3474 * Montgomery Ward & Co 57% 76 • preference Apr May — 1 5 25 6% — 8 Burlington Mills Corp Burroughs Corp (Un)_. Butler 2"% 20 Gear Foote — 10 Cement River Mississippi 200 674 21% May National _ Co Feb 12 20% 80 % 50 Products Feb 4974 300 Food 50% 6% 2074 * 4 600 900 Co 174 53% 16% 52% Inc Brewing Minneapolis $3.50 Bethlehem Brick Blanke Missouri (Un) Berghotf Feb Mining Consolidated Benguet 15 7% * 10 Co Manufacturing Co Medusa 900 — 13 Belden 12 % Mar 16 — -3 — . llVst 15% __ common-—...—o Refining common 11% 16 Miller & Hart Inc common Co Armour Ashland Cement Range Since Jan. 1 High Consumers Co Power Continental Motor Corp Crane 8% 8 Jan Apr Feb 8% 800 25% 26% 300 2574 May 30 37% 500 36% Apr 43 74 98% 800 94 % Apr 9974 Mar 1 25% 25 % 100 2474 Apr 28% Jan 10 43% 43% 200 43% Apr 40% Apr Public 8 Apr 9% Pullman Pure Dow ; Company Chemical du Pont Co (EI) 10 5 (new) de Nemours Air Lines (Un) 97% 5 Inc Eastman Kodak Co (Un) Eddy Paper Corp Electric * Controller & Mfg Fitz-Simons & Connell Dock Co General Drive General Box General Electric General Foods Motors General Public (Un) (The) (Un) Gossard 69% 2% 13 100 1074 11 3,550 2% 69% 200 2% 2,300 74% 800 54% 62 % 55 61% 62% & Louis Public Regis Paper Electric Jan 2% Feb 67% 71% May 274 Apr Apr Co May Feb Roebuck Sears Serrick 6% 350 6% May 32% Jan 39 36% 39 600 12% 12% 50 52% 52% 100 874 8% 350 Dock- Printing 1 Co Co_ Jan 8% May 10 % Mar Interlake Bartlett . 13 % May 300 18% Mar 20 2 1774 1974 2 17% 600 800 1674 7% 774 1674 50 7% 2,500 35 21 20 74 21% 550 22% 50 Stockyards RR. 2% 2 15% Feb May Jan 274 Feb Sinclair Oil Service Co 12% Jan 13% Mar 16% 1974 Mar Jan 1674 Jan 7 % May 16% 974 Jan Co Jan 35 May 19% Jan 22 Feb 2274 1,650 10% 10 % 300 187a 1874 100 18% Apr 20 Mar 40 40 300 39 Jan 41 Jan Chemical Ltd International Paper International Shoe Tel Tel & 10% 78% 21 10 % Mar Apr 23 Feb 11% Jan Bocony Gas & Apr 13% 1,300 13 1674 10% 78% 2,350 100 9% Jan 100 1674 Apr 5074 49 74 507a 800 45 Va Feb 2974 29 900 28% May 38 Feb 55 55 10 Jan 58 Mar 72 Apr 86 74 14% Jan 23 1,250 40 300 3 9 74 May 48 28 32% Mar * 28% 23% 2874 150 29% 29% 2974 1,500 3374 34% 200 5 11% 53 Feb 24 % Mar Jan Southern 29% May 33 Jan 32% 3874 Jan Apr 11% 100 10% Jan (Un) 1374 4,300 227a 22% 200 19 Jan 2374 100 2274 Apr 26% Jan Feb _1.40 1274 26 53% 200 4974 Apr 56% Mar 40% 100 3874 Jan 4074 17% 100 1674 Apr 20 % Jan 10 10 100 974 Apr 1074 Jan 2974 29% 300 28% Jan 31% Mar 24% 24 % 100 2374 May .10 Power & Light Power & Light (Un) Kelley Island Lime & Transport Kennecott Copper Corp Kansas Daclede Gas & Dlbbv & Co 24% 24 -8.75 23% 24% 1,800 26% -1 26% 500 29% 1.100 1874 1,200 20 850 6734 69% 700 1674 68% 29% 1874 19 1874 1 4 Co & Printing * Co 7 common 1 common Feb 1634 300 874 400 21% Apr 26% May 28 % Apr 24% 30 Jan Mar 2474 26 GOO 2474 Apr 2774 16% 16 % 200 16% Apr 18% Mar * 58 74 59 400 56% Apr 1 1674 17 500 1374 Jan 6774 68% 200 6674 May 7274 Jan Jan Douisville Gas & Elec 9 19% 3074 29% 3034 1,550 29% Apr 35 1 Co Corp 157a 15% 16 700 15% Jan 18% Mar 38 39 800 38 Apr 43% Mar • Oil Pacific Inc -1 (Un) .15 Co 5% 26 1 of Ky 43. 5 74 50 3374 34 74 2,700 3274 Apr 2574 3472 26 200 24 74 Jan Warrants 14% 1474 2,200 46 % 1474 (Un) 4774 400 474 Jan Standard Oil Standard Oil Standard of Indiana 2774 Mar 16% Feb 4974 Mar 774 May 974 Mar 100 274 200 174 69% N Oil J 7174 900 69% May 70% 7274 600 6874 3474 25 15 (Un) Co (Ohio) 71 72% 10 Railway Equip— 35 400 Apr 34% May Jan 1 12 12 100 12 5 1174 11% 400 .•? Stewart-Warner Corp Stone Container Corp 22% 2274 700 20% Studebaker Jan Jan 13 May 1174 May 23% Feb 1 Machine Tool Corp 1074 1074 10% 550 Jan 10% Feb 1 (Un) Sundstrand 35 3474 35 % 1,600 34% May 43% Feb 29% 29 % 29% 6Q0 29% May 35% Jan 16% 800 1 1874 1874 18% 1,800 25 Oil Mar ■* Corp Sunbeam Corp & Jan 78% 3874 Apr 10 Feb 3% Mar 81 10% Apr ,_5 Stanley Warner 5% May Jan 37% 1474 May 8 2% __ -. 427s 8 8 38% 38 3874 700 53 3 4 5374 100 53 Apr 5374 53 5374 200 35 Feb 54 26 26% 400 20% Apr 1574 5 (Un) Co Texas Co Texas (The) Gulf 25 Producing Thor Power 10 Corp 14% Feb 16-% Mar 18 Apr 2174 Mar 35% Jan 3974 Mar Timken Toledo Tool Detroit Edison 57 74 Jan Mar » 18% 1874 1874 550 18% Apr 5 247b 24 24% 400 22% Apr 24 74 5 Co._. Axel 2874 May 19% Mar 12% 1274 12% 1,200 12 74 Apr 1374 Mar 3374 3274 3474 1,300 274 400 20 — I Co__i Co Trane Co Trav-ler Tri (The) 2 Radio Truax-Traer 208 Corp Continental So La Corp Coal Salle common St _1 Zl (Un) , 274 Feb 31% Feb 37% Mar D S Steel Corp Apr Van Dorn Iron 67 Apr 8074 Feb Walgreen 14% Jan 17% Mar 8% 31% Mar 874 May 974 Jan 16 200 1474 Jan 16% Feb 19 200 17% Feb ♦ 55 66% 67% 200 63% Apr 72% 27% 27% 200 27% Apr 32 100 28 Apr 31% Jan Apr 4474 Jan Feb Mar Co • ; 39% 3874 40 2,700 3874 • Works 974 974 10 1,100 9% May 26 % May 2674 10 Corp__ White Motor Co 100 39 Feb 43% Mar 46% 500 43% Apr 50 27 27 100 14 350 2574 Apr 1374 Feb 28% Mar 14 1 300 43 46 43 12% 2671s 43 10 _ Westinghouse Electric 1274 Mar 15% 15% 100 12 29 Jan Mar 19% Mar 9 19% 3474 4% 160 74 2074 Mar 2174 60% May 60 X2874 x28% 67% 27% 5 Jan Jan 16% 59 10 Co Jan 800 59 Inc Lines 20 % 1974 18 (Un) Air Jan Jan Jan 15% 19% United Rubber 374 Apr 1774 100 1 * S 2% Mar 16 16 _* U 274 16 Corp 1874 May 19 86 • For footnotes see page 6074 Mar 1774 Mar 6 Strapping 1874 16 19 • Donergan Mfg class B Feb 15 common ; Wieboldt Stores Inc Willys-Overland Libby Lindsay Chemical Co lion Oil Co 874 10 — common McNeil Lincoln 8 (Un) Sessions Co 14% 23% Mar 1 Co Western Union Telegraph Co 12% Mar 26% Mar * 10 Laughlin Steel Corp 12% 1274 Mar 40% 3.50 Electric 48 2374 Inc Thor 17% Kansas City Damson Jan 52% Mar Feb 22% • Kaiser Alum & Chemical common- Death i9% 10 Union Carbide & Carbon Daclede-Christy -14% Mar 29 10% Mar * (Un) Iowa Power & Light Co_ Jones & 1674 12% Feb Mar 5 & Vacuum Spiegel Swift 3974 7.50 Co Interstate Power Co Illinois 10% 15 (Un) International Iowa 25 •' a & Packers Jan 474 Jan 28 1 Harvester International 29% Jan Apr Mar * International Mineral Feb 374 common...* A Co Society Brand Clothes May 3% 19 22 100 - Products Co International 30 25% 100 * Products Standard 35 10 _ Steamship 26% May 100 4% -5 12% Mar 2 Co Co Steel Steel 300 2574 -5 200 35 1 14 58% Mar _3 Corp Central Inland 27 474 Jan Jan • Sunray Illinois 2674 4374 6274 May Feb Feb 400 10 Brewing 39 12 51% 2% 1 H&rnlschfeger Corp Feb 13% 19% 17% 5 Co 874 13% 250 Brewery- Jan 2% 13% * 1874 Indiana 5374 May 50c Co__ 6% 18 Brick 100 100 • class B Corp Oil Slgnode Steel 18% Illinois 41 5474 5 Schenley Industries (Un)_. 6chwitzer-Cummins Co Sliellmar 2 Spencer 41 74% May 2874 Mar Grlesedieck Hibbard St 8t 39 74 May 1,100 & National 34% 13 % E) 3674 Mar 2574 Co Louis 25% May •13 (Walter Bros 500 13 % Heller 61 69% 3 (G) Jan 55 1 fielleman Apr 1274 Feb * Heln Werner 1374 Apr Cooperage class A Greyhound Corp (Un) Instrument Feb 52% • Bros Hallicrafters Rich man St 10% May 5974 • Co. Western 12% 400 Greif Hammond Jau 2,400 Great Lakes Oil & Chemical F) Jan 39 300 • (W 140 39% 1 Gall Feb 34% May 25% • Dredge 133 Sangamo 69% 8 Co Stores Lakes 1174 May 5474 1 Manufacturing Remington Rand (Un) Republic Steel Corp (Un) 38% Graham-Paige Motors (Un)_ Drug 18 Aor 5 (Un) Raytheon 25% Gray Great 39 185 74 1 - (W H) Jan 10 * (Un> Corp of America RKO Theatres Corp 20 Rubber & 13 3174 May 4074 May * (Uni (Un) 5 Co Bros Tire 35% Co Quaker Oats Co Shell Utilities Co Gillette 5 S Corp Goodyear 11 • Telephone Coldblatt 136 13 , • Corp Refrigerator uioson 34% 1 — Co * 10 Corp General General — Transportation Com 1 Co—____1 of Indiana Dredge & Auto American 136 5 : Four-Wheel ; Car Company Oil pedto Eastern (The) Steel Service Co Jan 9774 Pressed Jan 37 Potter Co 4 38% 9% 19% 87 2,600 8% Jan common Motors Apr Wisconsin Bankshares 150 1874 Apr 20% Feb Wisconsin Pubilc Service 600 67 Jan 92% Apr Wrigley (Un) 3434 200 4% 4,100 3874 800 1074 34% May 2% Jan 40 Corpj: Jr 1 — 1574 13% * 10 * .* 1474 Mar , >' -- 13% 1,050 1374 May 15% May 1574 Mar 1774 17% 100 72% 72% 100 1774 May 7174 May 73% Mar Feb 18% May 3874 Mar 3774 (Wm) * Feb 4% Apr Yates-Amer Jan Zenith Machine Radio Corp Co 5 12% — 12% 12 % 100 12% Feb 7174 7174 100 6974 Apr 14% - Jan 80 Jan ■ Number 5223...The Commercial Volume 177 and Financial Chronicle (2281)4 37 OUT-OF-TOWN MARKETS RANGE FOR WEEK ENDED MAY 23 Friday Philadelphia-Baltimore Stock Exchange Week's Sales Lu» Range for Week Sale Frice of Prices Low Par Shares Boeing Range Since Jan. 1 LOW High American Arundel Atlantic 39% Co- Stores .100 Tel & TeL Corporation City Elec Co 39% 10 154 37% Feb 40'A Apr 2,453 153% Apr 162% Jan 19% 875 17% Jan 20 % Mar 26 19 26% 785 25% Feb 28% 10% 275 6% Jan 11% Mar 39% -- Jan Co Transit Baltimore New Co— common New $2.50 Co Chemical & General Motors 7% 75 32% 33% 63 2,302 — —. 24 y8 & NavigationRR 1,490 Apr 96 8% Apr Apr 39% Jan 32% 23% Mar 27 Feb 32 37% Jan Apr 83 91% (Un) Corp Adding Machine changed to Name Burroughs Corp now $5 par Byron Jacason Co Apr Feb 153/4 210 14% Feb 16% Mar 8 3/e 8% 255 8% Apr 11% El 17% 19% 172 16% Apr 22% Jan 191 12% Jan 14% Mar 13% 13% 13% 34*% 33 34% 1,605 31% Apr 35% Mar 213/4 20% 22 3,724 19% Apr 23% Gaa common A Jan 44 44 43'A May 52% 38% 38 38% 45 37% Apr 41 31 30% 313/8 2,156 30% Apr 33 Jan 21% May 25 268 164 Mar 21% 22 5/8 4% 4% 938 4% Apr 6% Mar 6 »/2 6 3A 2,142 6% Apr 7% 33 323/4 33% 345 31 Apr 36% Jan 26% 26 % 26% 327 25% Apr 27% Jan 26'A 26 y4 100 Apr 27% ' — 26'A Jan Feb 33% Jan 29% 30% 423 28% Apr 60 573/8 60% 2,762 54% Jan 60 % May 743/4 common 74% 74% 38 71% Apr 82% 100 4% Apr Gas 317 31% 5 5 Corp Jan Jan 6 ' Inc Westmoreland '• 13% Improvement Westmoreland ' 35% .' 18 18 50 150 16% 153/4 153/4 20 35% 18 . 10 Coal Corp Chesapeake Chi Preferred Cities Ltd America.. Feb 36 Jan 18% Mar May 17 23 15% May (Un) Ry RR Co 4s (Un) com 71 -- 71% 81 1975 1975 (Un) 81 $2,000 2,000 Friday & Gas Range Par Low _• Share# Chem Continental (Joseph) Corn Products Creameries 13% 13 y« 13% 234 7% 412 7% Crucible Pitts Screw & Bolt Corp 38% Ban United Lines Kodak Eastman 401/2 May 39 al9 19 al9% 127 103 18 13 Apr 7 22% Mar Jan Jan 15 % 8 73/8 Mar Jan 5% 14 5% May 55 273/8 May 31 29 20 29 30 y4 Jan 24% 12 8 — General Jan 665 24% May 29 12 100 12 13% 810 450 Apr 8 l7/o 1% 1% 30% 30% 90 10 50% 51% 313 83/8 8% 35 8% 293/4 29% 50 29% _ 5 28 General 310 601/2 May 67 702 38 Apr 40% Feb 19% 185 18% Apr 22 Va 10% 10% 551/2 a55 % 100 a721/4 a72% 100 a a72% 32% Golden Jan 4% 583/4 Mar 9% Jan * 100 5 5 8c _ 9c % 3,300 5% Feb Feb 8c Jan Jan 263/4 Mar 228 24% 14% 572 16% Feb a31 8'/a 8% 470 16% 161/4 339 14% Feb 16% 16 161% 630 14 Feb 16i% Mar 2.85 2.85 200 2.40 Jan 2.85 May 31% 293/4 Jan Hawaiian 46% 555 43 Va 49% Mar Honolulu Low Co (Un) common Gold Juneau a27% a27% 28% a3 10 ,,2% Feb 33/8 Jan Jan a97 % a98% 468 92 Apr 991/2 Mar a25 52 24% Apr 271/4 Jan 44 44 473 43V'2 Apr 47 6 6'A 530 5% Apr 34% 343/4 100 33% Apr 37 41% 42 564 40% Apr 46V4 Jan a24% 1 6% 43% Feb 5% Jan 70% Feb American Airlines American ._1 __ Mining Theatres common ' Apr 54 Jan Kern 15 % American <fc Car Foundry Ltd American Factors (Un) Radiator American 31 •",14% Feb '260 a42 % a47% 339 15% 200 13 y2 14% 14% 835 < 14% May 35% (Un) 5 Common.. (Un) 14% ' 35% .• •• 35% 392 — American Tobacco Co 32% 36 15% Mnr Viscose Corp Anaconda Copper Mining Calif Anglo t Natl Jan 39% 15% Archer-Daniels-Mldland 10 Feb 12% 100 15% Jan 17% Apr 16% 16% 16% 115 15% Jan 17% Apr a25% a26% 85 25% Apr 27% Mar a38% Steel Armco Armour & Atchison Atlantic 20 Marine 43% Jan Co * -v; (HI) (Un)— Coast Line . F» 4Unfc_i RR ; Atlantic Refining Co a -11% a97 „50 8 a29% 3 (Un) Mfg Corp (Un) 45% May 60 37% May 965 39% May 42% 92 11% a97 581 38% IIV2 — Baltimore & Ohio Bendix Aviation 13 (Un) RR (Un) Corp (Un) — Benguet Cons Mining cap (Un)*. Bethlehem Steel (Un) Bishop Oil Co Blair Holdings Corp (Un). For footnotes see page 43. a 100 8 1001/4 102% May 28 3A May 119% 2 1 70 Jan 78 Apr 52% Jan 54% Jan a2 a2 20 2% Feb 2% Feb a56 a56V2 185 53% Apr 583/s Mar 13% 13 % 365 12% Jan 13 % Mar 25% 253/4 278 24 Feb 28% Mar 1,030 Jan 14% 17 a56% 649 .25% ■ 13% 32% 32% 20 1.30 1.30 400 4% 43/4 1.30 a38% 75 3% Mar 38% Apr 483/4 Apr Corp 1 ... Land Apr Mar 1.45 1.60 10,350 29% 458 29% Apr 33 Jan a40 a40% 101 40% Apr 45 Mar 50 52% Apr 54 Jan al7% 17% 78 12 11% 12 1,675 30C 35c 550 a a65% a65% 67 24 849 a26% a27 % 271 24 1.45 May 2.00 Mar Apr 20 Y4 Jan 16% 10% 30c 12% Jan 40c Apr May 66 Anr 21% Apr 73% 24 Jan Jan May 26% May 30% Mar a44% a45 75 453/8 Jan 47 4% 4% 725 3% Jan 67% 67% 555 66% Apr 82 49 49 385 46 Apr 59% Jan 38% a27% .- 38% 100 22 Feb 43 4% • 2.80 (Un) Corp 43A May 40% 53 29% a4Q% * Chemical com—1 50 1.70 Jan 327 10 & Jan Mar 33 50 49 % al7% (Un)— Jan 1.20 a52 3/e a523/8 50 7% (Un) 400 a38% a38"% 12 32% May Mar 5% Mar Feb May Inc 1 Libby 7 9 9 9 100 1 24 23 24 1,545 &13 al3 ai3 70 11% Jan 13 3A 60 23% May 25% Jan G) & Corp i— : * a23% common a233/s a237/s , ..1 19 19 19 190 -I —.—— Inc. 17 16% 17 1,078 a50 30 140 May 16% 16% 1,927 13% 3% 300 10% Apr Mar 26 Feb 22 ye Jan Jan 18 Feb 54% Mar Jan 15 a50 16% Co (Un) " Apr 16% Apr al3% al4% III (Glenn) 19 53 a50 (Un) 8% Jan 20% 18 % 16 % May 19 • Mar 1 Jan Jan -'4% Mar 253/4 Apr 27% Mar 2% South Util a26 % a26% 5 3c 4c 208,200 3c 1.50 51,282 70c Apr Feb all 20 11% Feb 13 24% P.IO 1.30 all Inc 22% Jan 28% Mar ft May 11 May 3c 1.50 Mines Lode Mother M Cons 25% 2,696 17tf ri3 1,400 6c Jan 1.50 Apr Feb 60% 60% 578 60 Vb Feb 65 Mar 10 Montgomery Ward & Co 31% 31% 31% 318 31 % May 36 Jan 5 23 23 23 240 21% Apr 25% Feb 20% 20% 700 19% Apr al534 al5% 10 (Un)———.* Jan 28 310 30 30 Morrison-Knudsen Co Apr 30 Mar Mar 8% 7% May al03/e al0% 100 10 % Nash-Kelvinator National Feb 26 % 240 25 Apr 63'A 63'A 318 ' National 301/4 Mar National Apr 1 % 100 1 y4 May 1% Jan 53'/a 603 497/o Apr 57% Jan 12% 12«/s 12% 515 2.35 2.25 2.40 7,780 11% Mar 13% Mar Jan 3.00 Feb 2.15 (Un) Corp —-1 Fibres 1 Lines Distillers Prod 0 (Un) . N Y Central RR North American Co (Un) 15% Mar .May 23% a Jan Apr 25% Jan 19% 818 18 22% a 22% 25 21 7%' Mar 7% Mar 6% May 7% Mar 1 (Un) . a8% a8% 38 * • * (Un) .Niagara Mohawk Power North American Aviation 21% Mar 15% Mar 18% 19% -1 Gypsum Co Linen Service Natomas Company 67% Mar 57 3A % Auto National City 11% Mar Jan 1 * 67 234 r Jan 51% 63% PI 18 3/4 Mar 71 a53 (Un) 10c Monolith Portland Cement pfd (Un)_10 Montana-Dakota Utilities (Un) 5 12'A Mar Jan Apr 26'A 10% 16% May 16% a52 % 13 (Un) Mfg Co common- Mindanao National Baldwin-Lima-Hamilton 21% Mar 43% Jan Apr 10% 283/4 73/4 36 Jan u..—.* (Un) Steel (R H) M J & M & — 92 100 7% Middle Feb 510 210 a29% a29% 38% Jan 162 • Feb 17 70 1 Co (Un) Co Menasco 44% Jan 40% 28% 10 Avco 73% May a92% 36 73% May ,43 320 1,122 102 y4 102% » Atlas Corp 160% Mar 38 381/4 -10 Corp. Co Top & Santa Feb 142 310 a53 (Un)—• (Un) Bancorporation Martin Apr 45% a— Apr 16% " pfd Apr 19% 19% • (Un) 60 a36% a38% Co Ltd— Calculators ,i Marchant a3b% a39 % 37% 693/4 Feb 866 385 16 A Co Magnavox Feb •39% (Un)— —50 54 % Mar 11 P2 (R Macy & Co 15% Mar Jan 35% May 154% 743/4 May Jan 62% Feb ,37% a73 a73% (Un)____ .—25 Bank. 1,843 Jan Feb 52% 16 Corp Aircraft Loew's *Ine 36 Va May Feb 45% —25 — American , 156% 156% -109 43 67% 1 & Tel com Matson Navigation American Tel Ac Tel Co 36% May 613/a > Copper County Lockheed Smelting-& Refining-** "•"* & S S a47% 20 American ; 36y8 15% 25 (Un)- 35% Jan Mar Jan 13 % ft 10% common class Preferred Apr 42 % 20 al4% al5% 12% ; - 25 1ft 23 Feb 16 Co Libby McNeill 1 - (Un) 780 Apr ft APr • 5 (Un) Laughlin & LeTourneau American Can Co 228 743/4 1 20 11 33%c Kennecott 167 a 37% 743/4 10 Co class A Kalser-Frazer 13% 13% 37% a Jan Mar • Co Feb 51% Apr a 70 1/4 Apr 7% —* — non-cum Kaiser Aluminum Broadcasting-Paramount (Un) 11 a54% a54 3A 10 common; Paper 75% Mar 94 235 a 68% 600 22 1 • 5 Mining Co (Un) 58 a70 a53% a54% a44 a45% __ a54% 1 1/4 22 a • Oil Oil Jones Apr 40 _ Apr a97% Jan a4% 20 Inc High Apr a3 Mfg 7 17'/a -,-100 Co Johns-Manville a4% Ltd Aluminium Range Since Ian. 1 :::io _ Corp Allis-Clialmers IXL fsr Week , 321/4 May • 1 Ltd International Tel Intex 26% 36% May (Un)—10 Holly Oil Co (Un) Sales 50 518 5 Holly Development Co Exchange High Mar 1,000 Jan 42% (Un) Corp International i Mining (Un) Chem & Dye Corp (Un) Allied __ Apr 4 2,775 6 1.50 45% • 29 32% Feb 9 % Mar Feb Corp Homestake Par Apr 36 % 29% 29 % May Low 8 16 • 25% May 8harce 31% 100 1 655 Range Apr a-14% al4% Maryland Mines Corp (Un) 12 29 Va of Prices 30 »/2 53/4 — 26 Last Apr 90 36% * 1 1 12.50 • 28 Sale Price May 4,343 293/4 May al4% (Un) Pineapple 46 % STOCK! 30% 107 291/4 S Rubber & Battery 26 Week's 14% 10c preferred Utilities (Un) Ry Oil 28 Friday 15% Ma* a31 5 25c 20 Co Co North 14% May 25% Mar Apr Apr 105 29% 2nd State Hobbs 12.50 Jan 85 102 (The)'common Co Hancock 25 % # 12 45 143% 291/4 25 (Un) A cl preferred Great IOC 14 % 10 455 — 68% Feb Jan 4% x24% 24% 1 Mar 68 14% (Un) ... Graham-Paige ^ 5 * Feb 113/4 Mar a a 29% (Un) Corp Goodyear Tire 33 % Mar Apr- 9% Feb 16 Mar 1 common Corp Public Gillette Jan 2 Jan Apr 36% Mar 61'A 1 8% Mar 50% May Apr Jan 383/4 25 Co Paint Convertible Jan 8 Jan 21% Jan. 341/2 19% 25 .... Preferred Jan 6 »/4 15 19V2 75 1 Food Machinery & Chem Corp Apr 24% 24% 13 % May 60 Jan 27% May Jan 223 &35 60% • Inc Plantation Feb 39% Feb 38% • Ewa Feb 40 % 61% Capwell Co Eureka Corp Ltd High is y4 20 38% 5 Emporium Range Since Jan. 1 5% San Francisco Stock Reduction Feb 13% a34% International Nickel of Canada (Un)__• Alaska 18 Apr 40% Feb 39 % a20% a20% a20% 1 common International Harvester Alleghany a Jan • (Un) Co Oil Dorado Idaho Air 257 a43 % a43% El Paso Natural Gas Co _2.50 Brake Westinghouse Electric Corp 40 a43% a44% Works El 29 5 Air Jan 331/2 de Nemours I) Air Eastern 27% _10 Alloys Steel Westinghouse Jan 95 94% Mar • (Un) Laboratories (E Feb 77% Apr 911/2 Jan • 1 5% Engineering & Foundry Co. Vanadium 50% 60 8 Foods _.. Apr 515 Co Electric . 221/4 Jan a63% a84% Co General _ 41% Feb a751/4 a77 % (Un) Oil Fields Co General 10O Steel Spring Standard Apr 19% a76% Domingueis 29% Mar Bros 363/s 15 423A Douglas Oil of California 25% Mining Toy 260 125 May Pont 1.35 Jan 38% a45% a47 % May Mont Jan a46% 72 Chemical 6% Mar al8% al8% 38% 81 Greyhound & Reymer 38% Jan 16% 21% May — 63% Jan Apr 16% 27% May 5 Plymouth Oil Corp Apr Apr Jan 67% —25 common 573A 1.05 common 380 i Co preferred Pittsburgh Plate Glass 105 253A 5 B 1 convertible $2.50 24% Jan 295 A Gladding McBean & Co Corp Pittsburgh Brewing 19% May a59% a60% Giorgio Fruit Corp class A com—5 285 * Natco 55 300 (Un) (Del) Curtiss-Wright Corp 21% . 333/4 19% a 1.05 (Un) Corp new com of America (Un) Co Steel 28 * Mackintosh-Hemphili 27% May 13% class Y America of Zellerbach Crown 21% . 5'A Jan 610 al9 abO ♦ Croker First Natl Bank Warrants 75 — Star Gas Lone 3,393 al9 25 Refining 27% Co 5% 28% 271/4 General Motors Corp Home 12% Feb 12 25 Apr 5% 5% (Un). Ind Motors 21% _ Feb 12 V4 al2% 1.05 (Un) N of Continental Oil Co Di Low 193/4 5 Pitt Brewing Walker Refractories 16% May 273/4 Jan 2% A Edison 27% Fort 25 Va May • cl System System -8.50 Harbison 2,277 22 3/4 Mar 28 Mar 58 High 193/4 * - 2,779 251/4 27% Consolidated Vultee Aircraft for Week of Prices Sale Frice Duquesne Brewing 16% 25% 3% Iron Solvents Edison Consol Sales Week's Last STOCK! Equitable Gas Co 14% 3% May 131/4 Mar 10 , Broadcast Consolidated Pittsburgh Stock Exchange Columbia Gas System 203/8 May 25 ; Co Commonwealth du Co 66 456 * Class B Commercial Feb 3'% 2% Columbia Du Blaw-Knox 17% a Dow Transit Apr — 100 Doernbecher Mfg series A 16 * Clorox Chemical Co Class 5s 43 5% Jan BONDS Baltimore 15% al5% 1 25 (Un) Fuel 16 y» Mar a20 10 common Corp Colorado Apr Feb a20 2 12% Co Ohio Service 14% 25 Corp Paul 41 a 1% (Un) Co (Un) (Un) of & Mil St Chrysler Oil Ry Tractor Eureka Columbia y2 6 .50 Co Celanese Central Jan 43/4 • Caterpular 14% al4% Mar ' —— • Atlantic Jan • 50 10 • • • • 20 3 Dry Ginger Ale & Co 80 V2 May 48 y. »— 25% 5 5 (J I) Feb Apr 16% Co Corp Pacific 76 i Packing Canadian 68 39 % 3% California Canadian 80 % a20 Calambra Sugar Calaveras Cement Canada a__ a — 10 High 15 80 5 Burroughs Low 124 a56V4 a56% 5 ; Range Since Jan. 1 High a41% a43% — a56 % __ Feb 70 May 59% Low Company Case Feb 7 153/4 8% Co United 112 63 4% May 24% -1 preference com Paper United 84 60% -- Corp Oil 340 83 10 Power A Light Service Reading 34 5 — Philadelphia Electric common I $1 div preference common Phila Transportation Co common : Participating preferred Scott 24% 33 623/4 5 , Pennsylvania Salt Mfg Pennsylvania Water A Power Co Sun 23% 34 10 Corp Corp $1.40 div 75% May Jan 77% Pennsylvania RR Philco 16% Mar 73/a Valley Public Apr 75% • Brothers Pennsylvania 14% 73% Co Deposit Fennroad 341 76 3% —1 Corp Fidelity Coal 14% • Storage Battery Lehigh Apr 454 common Electric Lehigh ~ Light common—13% Delaware Power & Gimbel Apr 19% .23 Corp Davison 3% 1,485 14% 233/4 • Publishing Curtis 12,330 233/4 4% 50 p£d non-cum 4% 22 3% 1 • Budd Company Chrysler 10 % 10 y2 Shares -15 — 13 Corp Baldwln-Lima-Hamllton for Week 8 (Un) (Un) Borg-Warner High 18% 155 % 157 156% Airplane Boraen Co Budd American Sales Range of Prices Par Friday STOCK! Week's Last Sale Price STOCKS 6% 6 3% 100 23% 24 »/8 1,641 27% 27% 611 26% May 28% Mar 173A 18"% 915 16% Jan 20% Mar a20% a20% 133 20% May 23% Mar 1 10 18"% a20% 20% Apr 25% Jan PS The Commercial (2282) laicChronicle... naniFdna Monday, May 25, 1953 OUT-OF-TOWN MARKETS WEEK ENDED MAY RANGE FOR Sib Francisco Stock Exefe. (Coot) Week's Friday Last STOCKS-' North American Invest common¬ er preferred 5%% preferred Railway Oil Ohio Oil Oliver 74 30 CY--Y YY:' —I 18c 3% 8 class : /: . ■ 32 18% Mar Feb 25c May Jan 51% Apr 56 31% 20 39% Jan 32% May Shell Southern Calif Edison 4.32% Pacific Can Pacific Coast Co — • Aggregates 6% 1st 5Ve 1st 4.80% 12% May 15% 16% Jan 2,364 50 6 6 Va 860 5% Jan 6% May a28 50 27% Apr 29% Mar 6 25 38 38% 15 36% Apr 34% Jan 31% Jan 29 Jan 5,367 31% 31% 31% 1,442 28% 28% 28% 565 28 Apr 26% 26% a25% a25% 293 26% Apr 25 redeemable preferred 25 Jan redeemable preferred 25 25% 25% 720 25% May 25% May 27 5% 28 5% redeemable series 25 25% 25% 170 25% May 28 Feb Feb • 59% 60% 1,807 56% Apr 61% Mar * 96 96 20 Mar 101% Feb Pacific Lighting Corp A common $4.50 dividend Pac Public 1st Service • common preferred Pacific Tel & Pacific Western Packard Palmer Pan Oil Motor Co Stendel Amer common.. World Airways Mill Co Pure Oil New Reserve Apr 20% May 25% May 119% Mar & Studebaker Fine Sylvania 100 27 Apr 30% Mar 20 Apr 23% Jan Trans World al5 Tri-Continental 5 Jan 45% 47 Va 1,773 49 Va Mar 255 85 90% May a49%a49% 100 a„ a45% a46% 28% 28% 240 40% Jan 47 245 27% Jan 28% Mar 51 59% 80% Jan 78% Jan 6% Jan 54c Apr 11% Feb 9% Jan i) Safeway Stores Joseph Lead Regis Co San Paper Mauricio Scott Paper — California 1 54 53 54 2,138 25 a70% a70% a71 154 80% Apr Jan 15 72% 72% 72% 337 68% Apr 11% 11% 10 10% Mar 11% May 83 83 29 83 May 92 Jan ? 34% 35 354 32% Apr 35 May a35a35% 60 \ 35% Feb '■! J 5 100 -5 (Un) (Un) — __ __ 1 a35 1 7.50 18% 25 (Un) Products Texas Company Textron a55% Convertible Tide 18% 43% Jan Apr 18% May 1,320 a54% a55% Mar Apr 39% Water Jan 10 Oil 54 Jan 57% Mar : 100 10% May 11% Mar 20 | | 15 Apr 33% Apr 43 Feb 36% Jan Union 3% 3% 925 3% May 57% 59% 1,335 4% Apr 68% Mar Union 57% Union Oil Co of California 5% 5% 125 4% Feb 5% May Union Sugar 29 241 27% Feb 30% Mar United a41% a41% 10 42 Feb 43% Jan United Air a51 % a54% 424 15"% 1 — 28% 5,780 18% — 15% a66% a67% Apr Apr 17% May 15 % Apr 28 29% Mar 66 Apr 38 94 a22% a22% 21% 25% 101 a67% a._ Jan Mar 19% 17% Jan 71% 56 May Carbide Carbon & Electric common 100 56% Apr a28 a32% Corp of Del 492 25% Feb 29% Jan United Gas 20% 20% 126 19% Feb 22 United Park 95 Jan 27% Apr QQ 10 130 13% 225 17 .136 a50 % a50% 345 46% Jan 51 20% Jan 26 U Mar 150 17 1 23 10 23 S 5 33% 110 Apr 12% Mar 17 100% Mar 34 Rubber Jan 5 Universal f I 26% 480 24% Feb 26% 39% 528 33% 39% May 27% 324 27 Apr 32 May Feb Mar a4% a4% 25 5% Mar 5% Mar __ 27 27 100 26% May 29% Mar 2 2 2 190 2 May Mav 2% May 28% May 28 -28 28% 564 28 * 34% Feb Utah-Idaho Sugar Co Vica Company lUn) ADr 14 19% Feb May Oil 39 % 39 % 39% 566 38% Apr 44 48 48 48 108 41% Feb 51% May 3 3 400 3 Jan 3% May 25 May . Victor Equipment Co Pictures Bros 46% Mar Washington Water Jan 29% Mar Wells Fargo Bank & U T 56 Apr 63 33% 1,115 32% Feb 35% Mar 9% 711 35% 36 1,492 125 a22 a22% 8% Feb 100 9c • - 9c 32% Jan a— Preferred 37,500 1 7c Jan 12c 27% Jan 59% May 25 25 213 24% Apr 59% 447 55% Feb Air Dept 1 Lines Inc Woolworth Yellow (F Cab 60 12% Jan 28 209 28 12% 16% Apr Apr 29 305 Mar 298 90 50c 50c 305 4% 4% 1,613 4% Jan 30 30% 250 28% Jan a23% a23% 25 24% Apr 26% RANGE FOR WEEK ENDED MAY 10% 295 45c 1 5% Jan f Feb 60c 10% 260 10% Apr 9% 9% 270 9% Apr 10% Mar 45% 46% 644 43 % Apr 49 Mar Jan 16 May __ __ 12% Feb 16 16 16 443 12% (Un) 10 45 % 45 % 45Va 363 44% Jan 47% Jan common 1 6% 6% 200 5% Jan 7% Jan — Friday Last Sale Price Par Power & Paper preferred $1.50 Class Sugar A common Aluminum a7% Ltd Can 4% pfd: 5%% Anglo 2nd preferred Can Tel Co 4%% Argus Corp Ltd Atlas Corp Steels common Bell Products • 25 Bruek Mills Ltd class A Building Products Orders handled on all Exchanges through our Canadian affiliate which has a direct fro?n 155 16% Mar 98 Jan 35 % Apr 45% 23% 2,670 1,225 100 101 890 Apr 53 % Apr 24 11 10 100 100% 115 100 100 11 Canada 5% 100 preferred Jan Class footnotes a80 a 80 159 49% 49% 25 18% 1,461 private wire 87 Jan 11% May 12% A Celanese 20 80 25 1,982 24 16 Va 17% 615 16 40 41% 215 al6 al6 39% 39% 10 % 10 17'/a 18 series Feb Canadian Feb 83 Va Mar Canadian Apr 27% Apr May 23 Va Jan 39 May 45 Jan 1,050 20 Feb 22 39% 4,469 37% Jan 39 Va 10% 7,512 10 May 11% 17 Va 250 14 Jan 18% 3,108 18 Apr 17% May 21% Jan a— a79 a.79 175 48% 48% 340 6% 10%, Mar 11 Feb Mar 98 Va Jan 100'/a Mar 99 Jan 100 Feb 70. Apr 82 Jan 46 Feb 50 % Mar 17 Apr 18% 18% 29% 100 29'% May 33 16 16 955 15% Jan 18% Mar 17% Jan 16 • 18 %. 18 Va 335 33 Va 35% 1,132 33 33% • common preferred Chem & Cottons % Jan May Jan 33 450 19% Feb Mar 20% Mar 33% May 46 Jan 32 % Jan 33% Jan 9% Apr 35% May 13% Jan 48 Jail Jan 50 Mar 5,505 36 36 936 8% 8% 33% 34 930 4.55 725 33 Apr Jan 7% Mar 10 Va 1,210 35% 35 Va 35 Va 2,008 a25 a25 25 24 22 Mar Morse 24 24 100 Feb 25% May 24% Apr al8 al8 25 17 Apr 22 % Jan 13% al3% al4 GO 13"% Jan 15 Va Apr 25 27% 26% 28 3,501 26 Apr 33 V8 Jan 17 16% 17 1.285 16 Apr 19 * com * • * Canadian Vickers a • Equipment 14 14 14 675 14 May. • 25% 25 Vs 26 4,532 25 • Farm 24 24 10% 24 24 810 21% • 8% 8% 135 8% Feb —* Consumers 9 9 25 8 Jan a35 % a35% 15 35 Feb 24% .Tan 6.00 Feb Glass class A B Cork & Seal —* Co "■ — 34% Jan May Jan 9 May 37% Mar 5% May 36 Va Mar 8 Va May Distillers Apr 35 Mar Dominion 27 27% 2.50 6.80 6.80 200 * Seagrams Dome Exploration 32% 75% 76 465 9% 9% 550 9% May 13 13 100 12 % Mar 2 —, —• — Bridge al6 al6 25 18 Feb 19 Mar 38 Va 38% Dominion Coal 6% 80 35 Jan 40 Mar Dominion W. C. Pitfield & Jan 16% Mar Apr Feb Mining & Smelting— Class 10% • Fairbanks Corbys 10% 25 Locomotive Consol — * common Canadian Oil Companies com Canadian Pacific Railway Cockshutt 'Y * preferred a._ 46% 25 . Cellulose Canadian Crown 5% 30 Broad Street Feb 29 % Mar 22% May 29 % :—* — preferred 9% 25 Corsets 27% * — Co., Inc. ROYAL BANK 3,365 73 28 Tel: HAnover 2-9250 Members: Montreal Stock Exchange The Teletype: NYl-1979 Investment Dealers' — Apr Association of Stock Exchange Canada Direct private wires with NEW YORK New York, Toronto and Maritime Provinces Branches - Sydney, N. S. - Saint John, N. B. - Moncton, N. Jan 13 B. Jan 13% QUE. Canadian Mar 7.75 Mar 84 BUILDING MONTREAL, coast to coast. nag* 43 High v Apr Mar 100 Ltd Foundry common 20 Canadian $1.75 & Halifax, N. S. "or a80 49% • preferred May 41 24%. 38 Va * common Canners 37% May a84 34 11 50 Steamship Canadian 10 11% 5% 20 % 11 Breweries May a82 5% 1,150 100 Canadian 101 al6 < 21 100 Jan May 11% a79 1,340 20 Va * Apr 49 % 21% a38 18 % 72 27 171/4 Apr 100 41 % 100 180 all Canadian securities. Canadian Stock Feb 23 Va .... • on 7 Va 44% __ quotations Jan 10 36 B Fast Feb 6 % 40 * Telephone— 26 Va 1,275 17% 25 Columbia Jan Low 77 Va 29% Canada Safeway Ltd 1st preferred__100 2nd Range Since Jan. 1 High 75 21 10 common Canada Northern Power Corp Canadian Columbia Power class A Class British 25 % 715 50 British 250 24% • ; Forest Jan 99% —_ • Columbia Va a38 Brazilian Tract Lgt & Pwr • British American Bank Note Co———* British American Oil common * British Columbia Elec 4% pfd—-100 5% preferred British 14 — • Telephone High Apr 36% 101 100 Ltd Low 36 ♦ common B a7% Shares 28% 77%; 20 $1.30 preferred Iron Foundries 12% 45% 25 Bathurst Power & Paper class A Class 26% for Week Low • common Canada Range Since Jan. 1 3,851 99 Va 60 preferred Asbestos 14 Cement Canadian Car 100 pfd Canada High 36 — 4Va.% a7 Shares 99% • of 13% 'al7% al7% • Co 13% Sales for Week of Prices 26% 100 Steel Aluminium Week'* Low ." • — preferred Algoma • 25 — Acadia-Atlantic 5% common Price Pat Range Sales Haiige L*»' isle Canadian Funds STOCKS Week's of Prices Friday STOCKS 1 Mar Mar 31% Jan 22 Montreal Stock Exchange j | Jan 10% 25c May 9-% Mar 296 __ 1 (Un) (Un) 25 May 26% Jan 1 W) Co 15% 4% (Un) Motors Jan 30% Stores Willys-Overland Feb 8% __ 1 Westinghouse Elec Corp 1,150 __ __—5 (Unl Insurance 30 9 __ 1 (Un) Life Western 23% Mar * (Un) 25 15% 100 common Indies Sugar Western 36'/a Apr a Jan 58 1 West 9% Apr 19 % Power Westates Petroleum Jan 25 8"% __ 8% 5 (Un) 25% Jan — 1 41% a36% a37% 9c ——5 25 (Un) 8% 1.40 Co 42% Mar 50 Consolidated 59 a22% P.1Q a._ 10 (Un) U S Steel Corp common Jan 283 26% 35% 10 a 27 — 10 ——1 Mines 2,323 9 (Un) City 33% 33% 10 1 2,219 26 27% (Un) (Un) Corp 27 % a46 a47% 27% a59% (Un)__25 10 88 40% 38% — (Un) a58 a59% a46 1 • V— 5 39% Mar 13% a50 % Mar a27% a28 % a32% a32% 50c ® 40% 60% Jan 25% 90 1 a22% Inc 25% 20% 10 common__25 Mo Corp Lines — 12% of Aircraft (Un) CANADIAN MARKETS Abltibi i Feb Feb 31% 28% 17% a__ 311 26% 18% —• (Un) Corp 100 195 24 28% 5 319 23% 2 Corp Airlines Inc | 111 al6% al6% — Associated • 10% 10% preferred ? 21% Mar 33% 908 36% 18% 36 36% __50c 34% 5% Jan (Un) Incorp common 33% ♦ Bchenley Industries (Un) a__ — 14% al5% common Mining — Apr * 34% * (Un) 8t — a97% ,-J — 32% Inc__ St * (Un)— 33 a 11 a * common —• A May 47% Mar Jan Apr May Transamerica (Un) class a„_ a97% a97% N Corp 1,100 • Inc a— Jan Inc Electric 22 Co— Foods 60 16% (w Corp Oil Sunray 27% Oil W a26% a26% Feb Jan 13 Stanley Warner Corp Stecher-Traung Litho pfd Sterling Drug Inc (Un) West Coast 8 34% 14% May 42% Feb of 27% 5 Corp Riverside Cement Co Apr 385 Oil Warner Richfield 33% al5 Standard 21% 20 Reynolds Tobacco class B (Un) Rheem Manufacturing Co 75 14% • Gas 32"% Mar a32% a32% —5 (Indiana) 21% 23% 38c i Co & 26% Apr 33% Mar Co 522 25 Oil 39 Va Mar Apr 30% 33 % Mar Oil 10% • Remington Rand (Un) Republic Steel Corp (Un) Apr 23% 107 10% May Standard 10% -—100 Mfg 34% 146 400 United Raytheon 1,679 11% of 10% P100 Preferred 36 a31 11 Co 467 12Va Preferred Jan a23 % a23 % — 2 Oil 109,080 (Un) Rayonier Incorporated Jan 37% 30% May Standard 5% (Un) Corp of America Ry Equipment & Realty 41 % Apr 1 44c 3 Radio Apr 32% 31 Brands 33VaO (Un)— cap 38% 616 84 Co common 41 Pulp & Timber Co Jan 75 34% 40 Sperry Corp 43c ., Ltd 93% 31 Standard 5% 1 71 % Mar Mar 31 Pacific 44c - May 81 31 Ry Co (old) 50 \ • 66 31 Southern 5% 1 Philippine Long Dist Tel Co Phillips Petroleum Co Sound Pullman Inc Apr Apr 17 732 Jan 900 1,327 Y 31 11% Southern 42% (Un) ';i (Un) Puget 24 114 42% High 54 % Jan 31 (Un) -* (Un) * Pioneer 344 227 Co 10c Paramount Pictures Corp Corp 20% 25% 1,562 Low 54% -25 (Un) Petroleum —4 (Un) Corp Pennsylvania RR Co (Un) Pepsi-Cola Co (Un) ! Phelps Dodge Corp (Un) Philco 20% 25% 100 Corp com Oil 96 115Va 115% • Tel 50 Southern 39% Mar 30% May 38% 25 preferred California So 69% 70 a30% — 25 <V;V Co pid series A—25 Gas preferred Range Since Jan. 1 Y;v Jan Feb 12% a 25 preferred 8% May Jan 5% a28 5 10 preferred 1st 150 13% al3% Finance Corp (Un) Pacitic Gas & Electric common 8Va g 12 Va 12% _ Pacific 5 % CU ,V,' 15 Cal Southern 35% 36 a31 25 preferred 4.88% Convertible 34 a23 % 25 High 83 87% a38% a38% — 25 4.56% Preferred 67 Va 34% (Un)—• Co com preferred 4.48% Shares a58% a59% __ • preferred Convertible 6% Paauhau Sugar Plantation Pabco Products Inc common— 87 % 15 (Un) Oil Socony-Vacuum Feb Mar a59% 5 Co Oil Low * 15 Co & Signal Oil & Gas class A Sinclair Oil Corp (Un) Mar 23 18% Jan Roebuck Sears 3% May 37% May 200 alOVs ftl9Va ' Jan 3 35 32 # Apr 83% May 18C 292 * A Feb ■Y 8,150 37% 37% Y 22 20 13% Jan 200 18c 3% : 3% a53% a53% - • — YYY Feb 19 % Feb 200 1 Filters 68 73% 1 (Un)— B 20% 34 a!4% al4% 100 (Un) United Class 80 21 Jan for Week of Prices Par 13% Sale* Range High Feb 19% Co— Co 10 % 21 (Un)_ Low 198 19% Occidental Petroleum Corp Ohio Edison Co 10% Week'a Sale Price Range Since Jan. 1 YY'. —25 .—. Northrop Aircraft Inc Oceanic 10% • Shares High 25 — Pacific Xot0 i —.— Northern of Prices Sale Price Friday STOCKS for Week Range Par 22 Sales Jan f Number 5223 Volume 177 The Commercial and Financial Chronicle ... (2283) CANADIAN MARKETS FOR RANGE Friday Range Sale Price Pa Dominion Foundries Dominion Glass 7% Steel & Dow 23 28% 28% 125 25 Jan 291/2 Mar __ 231/4 231/4 765 23 Jan 24 30% 30% 31% 776 28% Jan 31% May 29 29 200 27% Apr 1,790 Apr 30% 30% 110 30 Jan 12% 13 3,870 12% Apr 16% 17 17 75 14% Jan 17 May 8% 8% 3,881 8% May 9 Apr Commerce 9% ' 9% 9% 'I, 1.796 8% May 12% Apr Jan Dominion 10 Ltd Brewery Dryden Jan — 8% corn- Dominion Textile common Donohue Bros 1,050 59 al3%al3% „ 50 16 975 a32%a32% 25 16 Ltd common Paper . 16 __ 15% Jan 31 May ;1 63 Jan 31 6% preferred Mar Jan 10% 14 Banks— 10 CanadieDne —10 — Paper class Co pfd—1 A Electrolux Corp Famous Players Feb Montreal 10 33% 33% 33% Jan Nova Scotia 10 40% 40 % 41 Fraeer Co's Gatineau 5% Ltd 33% 34% 39 39 100 10% 12 % Motors 20% 21 960 18% Jan 21 265 12 Apr 14% 2,235 14 Apr 17% Jan 20% Apr 22% Mar 91 91 91 153 103 290 109% al09% 5 102% 102% a __ 101 Feb 105 105% Jan 5% 100 4.95 Jan 38% 355 34 Va Apr 62 62 180 59 Apr 67 % Mar al6 al6% 125 16 May al6% 100 100 10 4.05 1,027 3.25 Feb 545 32 % Apr 34 • 34 34% 99% Apr 5% Jan 17 % Feb 4.05 May Mar 39 Anglo $2.00 * preferred Hudson Bay Mining & Smelting Oil Husky 14% 14% 450 18 17% 18 2,026 a45 a45 a45 % 255 * common 14% • 50 Paper 43% 43% 44 10% Jan Apr 19 Feb 42% Jan 46 May 43 % May 58 Feb 10 100 16 /' 17 2,135 10% 1 14% Mar 12% Jan Apr Nlfd Oil 31% • Ltd 31% 30% 4,986 30 May 10 % 2,300 4% preferred 25 23% 24 17,100 6% preferred £1 6% 6 % 625 32% 33 6,597 30 97 98 100 96 10 % Imperial Tobacco of Canada common_5 Industrial Acceptance $5.00 100 of $5.00 Hosiery Butterfly Canada Malting $1.40 Pipe Canadian Power May Feb Canadian 36% Mar Canadian 98 40 Mar 17 17 100 16 :Mar 17 Jan Jan • 40% 40 40% 4,615 38% Apr 46% Jan 53 52 53% 300 48 Apr 55 26% 27 480 24% Apr 29% Mar a64 a64 5 5 25 Corp preferred Interprovincial 36% Mar Mar * Utilities Ingersol 27 27 250 29 % 29% 22% 23% 23 Line 62 Apr 26% May 28 % Apr 20% Apr 12% 2,330 Mar 70% Feb 29% Jan 32% Jan 29% Feb 7% 14% 5 Jan 100 100 Feb 100% May al7 al7 5 17 Jan 29% 29% 655 29% May 8 8 100 7% May * 9 9% 150 9% 9% 225 19% a20% 60 * common a 100% 100 preferred & Paper Inv ' Lake Ltd (John). of the 1— Woods Lang & Sons Ltd 14% * _* common— (John A) Class B i. 6% „—_— MacMillan Mailman a 5% ! • Apr 9% Feb 10% Jan 7% Mar 9 % May 19% May - 19 % May a8V4 85 9 Mar 9 Mar 16 200 10 Jan 16 Locomotive Montreal Telegraph • Div Consolidated "A" f Placer Oilcloth River Power Corp Bros Price 4% Rolland Foreign Corp common preferred Sec Power redeemable 6% St May Ltd W) class Jan 35 Jan Apr 26% Jan Inter-City Baking Co Ltd Interprovincial Utilities Ltd Apr 26 Jan Investment Foundation 24% 25 675 24% 25 100 24% Apr May Securities Hydro-Electric Shawinigan Series Class A 1 9 „ m Voting • pfd 100 -• com——* 50 common—. & Corp Steel of Co Thrift United 6% * * common 4%% Wilsils preferred 66 78% Feb Feb Power Winnipeg and Central Winnipeg Electric 5% & 11% * M) • Paper Co 100 18% 18% 1,200 18 Apr 20% Mar 69 69 70 275 67 Anr 72 50 50 200 48 Mar 52 Jan 45 Jan Montreal Jan ,.. ^ . . 400 . 77 2.25 Jan 68 1.00 - 15 Apr Feb 31 Jan 146 Mar 35 35% 2,415 35 May 21% 21% 21% 555 20 Apr 23% 35% 35% 450 35 Jan 40 28% 29 1,435 27% a93 a93 5 13 13% 515 35% 29 ' 13% Jan Mar Apr 34 Apr 93 May 12% Jan 14% Feb 495 18% Jan 21 Jan al2 al2 al2 60 13% Apr 14 Feb 14% 15% 585 21 21 13% May 7% preferred McColl-Frontenac 6% Mersey Paper Co Ltd Light & Power Mica of Canada Ltd Co & Minnesota r 32% 37% 37% 32 % 38 Feb Apr 99 30% 335 Apr 37% Mar 37% May 1,407 — 43 44% 44% 420 42% Feb 45 Feb 49% 49% 205 47% Jan 50 Mar 55 19% Apr 22 Jan Feb 22% May 120 20 22% 22% 100 20 Feb 14% 15% 431 12% Feb 17 Mar Jan 30 17% 35 Feb 10% May 10% May 5.00 4.20 May 14 Mar Jan Jan - 27% 200 30 29% 29% 29% 1,052 29 Apr 341/4 31% 31 31% 1,665 30% Apr 34 13% Jan 19% May 17% 19% 10,116 2.35 19% 2.45 3,300 14 15 141/4 50 8.00 15% 4.95 3.80 Jan 52% Mar Jan 11% May 85 85 6 1.35 ~ 26 30% 30% 25% 26 11% 11 % „ 26 30% 25% 11 % Refrig & Storage common—* —— ——.* * Apr Apr 7% 100 120 570 5 650 — 14% 52 Apr 87/s 14% 2.30 Feb 2.80 Jan Jan 15 May 100 14% May 16 Mar 11% 2,675 . Lt & Pr Ltd- Co 16 Apr 14% May 86 % Feb 86 43% Jan 47 Feb 100 26 % Jan 31 Corp Ltd (Can) __ — Apr 11 Jan May 92 Jan 5% 6% Jan 1.50 Feb Jan 1.20 Feb 27% Mar 30% May 30 % May 24 Apr 26% Mar 10 800 Feb 24% Apr 13% May 225 30 60 150 10% 20 20 11 20 21 , 120 a27 • 400 125 1,275 11 20 21 % Finance Traders Trans Mountain Union Gas Corp class A__• • —* new 285 725 3,8-8 al3% al3% 22 22 16 201 7%c 50c 2.80 1,000 53,510 -*,000 1-500 — 26% 112 Jan 109 55% a95 a95 40 91% Jan 96 Mar * 20 20 310 18% Jan 20 Mar . , - 6% 6% a99 Mar 6 1,193 a99 6% 100 Western Canada Breweries Mining 10 7% Jan a— a— 10 & SAVARD 95% Jan 7% May 100 MONTREAL HART STOCK Anacon Ascot 22 1 _—.—.—1 Ltd Mines Barvallee Mines 16c — — 11c 2.35 27c 27c lie —— Corp Ltd 78c 38c — 1 Ltd-————.—J—..l- Mines Ltd Mines Metals Mining 2%c, 15cl8%c 78c 40c — 1 -1 —1 Ltd 7%c 36c 2.65 2%c — 47 %c 2.65 • Ltd— Sulphur Mining Corp Corp Ltd Metals Barvue „ Lead Mines Ltd—_ Avillabona Base 5 * * May 19% Mar 24 Jan 19% Apr 24 Jan . 30% Mar 46 % STOCK Jan Feb 14 May 16 Mar 22 May 30 Feb 29 % Mar f 11c 2.40 27c ; 500 5,500 2,000 300 1,000 7c Mar 9c Mar 20c Apr 51c May 2.25 lc Apr Apr Jan 12c 3,15 Jan 3%c Mar 20c see page 43. you a STOCK the field of Investments. Feb 22c Mar 60c Apr 11c Jan 22c Jan 2.35 May 22c Feb We shall be glad to list of suggestions, including Canadian western oil and stocks. Orders executed on all Canadian Exchanges. mining ENQUIRIES INVITED EXCHANGE KIPPEN & COMPANY WEST, MONTREAL Established PL-9501 Investment Offices; 607 ST. JAMES Street West, Montreal SHERBROOKE ST. Tel. JOHNS, P. Q. Members of The INC. 1922 Securities STREET WEST, MONTREAL UNiversity 6-2463 Investment Dealers' Association May 1.04 Apr 62c EXCHANGE CANADIAN For footnotes Feb 26 34 4.10 43c Feb EXCHANGE TORONTO TROIS-RIVIERES — 11 INVESTMENT IN CANADA QUEBEC M'ay Mar 9 Stocka— Mines Amerinium Mines Ltd Arno Ltd- Manufacturing Co Woods Canada has much to offer in Branch Jan 58% May Jan 27% Apr 28% 37 27 287/s 37 26% „ Pipe Line Ltd Oil Canada of 19% Mar 18% Jan a20 a27 — * 20 • common redeemable preferred Industries Ltd 5% — - Russell May 1181 St. Catherine Feb 10 85 111 111 56% 56% 10 10 al9 a20 10 of Can 6% 1st pfd—100 6% n c part 2nd preferred—50 Quebec Telephone Corp common——5 Class A -* Power Arnora 800 Telephone Jan Mar Apr 14% 125 6 1.35 25% * * 10 a Jan Jan 15 109 all pfd 13% 150 100 573 4 Jan Jan 47% 5 210 a95 Ontario Paper Co,—,—5 Newfoundland Alta 31 276 ST. JAMES ST. Jan Mar Feb 14% 23 45% MEMBERS: Jan Apr 23% May a23 a 45% Feb 10% 154 20 a95 11 — all Mar al9% a20% 44% Feb 50 25 al4% al4% 100 Royal Rice Mills Ltd Mount 50 8.00 15% pfd—10 pfd Oil 4% Distilleries Ltd Melchers — 17% Mar 98 25 a98 % a98 % 32% Feb Mar 89 15% 21 Jan Mar Jan - 33"% 14 100 700 , 11% 11% al4% al4% __ Moore Corp common ; Apr 29% 145 35% * 96 8.00 15% ———10 115 31 Gas preferred 98% Apr 96 * and Tel Co Ltd com_10 Maritime Teleg 798 45% _— Jan al7 Maple Leaf Milling Co Ltd- 145 —100 —— 25 300 90 Apr Feb 1.10 w 52 27% Mar • Ltd 33 j al5 4.05 36 29% * Jan Jan 52 Apr' 15 Worts Feb 5.00 23 .: 75c 28 % 75c 28% al5 4.00 Apr 15 —* common 35% 365 40 . __ 32% 410 a30 • Jan Mar Feb — 25 26 (Walter 145 Corp & May 26% 40c 4.00 Co Ltd 30 • Cotton (Geo) 20 May Apr __ Publishing Co of Ottawa —* a30 • Ltd Gooderham May 37% Mar 59 « Lowney • Power Weston Mar 12 615 100 Journal 49% certificates Walker 27 Feb 63 pfd-50 _— conv Jan , Steel Jan Jan Oils Wabasso 1.15 Mar 75 4.40 Apr 5 Stores Feb Jan 3.75 3.25 May 4.40 15% 145 a20 % Preferred Triad 4.05 May 80 20 — 47% * Canada Apr Jan Apr 10 * — 100% a30 com—* common Canada 4.10 Jan 34% Apr 200 Jan 25% ————50 Canada Simpsons common Southern Feb May 25 300 3,789 250 10% Jan Mar 69 Vz _ Power preferred trust 11 1.15 Mar 10% 46 69% 9 Breweries May 2.50 Mar — 98 % 14 • Sicks' Feb 170% May 3.40 * A 20 68% Too • of 10% 72 25 29 25% _ 4% Jan 3.70 96 al7 100 a32% a32% ■ * common Ltd Williams Jan Apr 11 34% 14 — 4%% B Sherwin Apr 5% 3.75 62 50 100 640 190 11 600 134 46 al7 47 9 Water 4.65 Apr Jan 8% 34% 47 18 y2 4%% 2.25 4.55 Mar 3.50 —. a98 % a98% * Corp May Jan 10 100 . common- Power Mar 92 Jan 25 1,500 — * 10% 4,685 1,525 9 Lawrence * 100 Goodyear Tire & Rubber of Canada—* Lakes Paper Co Ltd, common—* Reitmans Saguenay Feb 159 Jan 86 a70 1.25 62 % 38 9 30 a36 —-40 100 _ Co 146% 30 63 41 8% 8% 29% 24% Canada Paper Jan Jan 42 300 75 1.25 29'% May 8% 29% TransDort Royalite Oil 53% 25% 625 * (Frank Quebec Power : Feb May 22 22 % 32 32 % a3.00 a3.25 • Horner 1 • __ Ford Motor Co of Can class A 83 «i preferred Provincial 32 % Fleet Mfg Ltd Jan common Ltd 22 * * a70 1.20 80 — Co • — 155 • Company :i & Jan May 20% 100 7% Kootenay Power 83 ; of __ 18 Jan 34%, May 300 64 11,619 12 37% 20 Jan 6% 50 ; a26a26% pfd East 83 Development Powell 20 Products Ltd 9 common i pfd Linoleum & Hayes Steel m Tubes r 11 36 20 Dominion Woollens & Worsteds Mexican Penmans 12 37% Great ♦ } — __ Dominion Engineering Works Ltd Jan Products Steel * 97% 22 50 15,300 , Mar 16 100 . 62 62 % 11 11 a3.90 a4.00 3.90 4.00 75 75 3.00 3.00 al.00 al.10 _* • Consolidated Paper Corp Ltd Jan pfd preferred Page-Hersey a4.00 92 92 3.85 4.40 4.60 4.65 a3.25 a4.00 9% 9% .—_1* sec —— Lithograph Mfg 18% * > 11 * A — Stand Preferred Consolidated MacLaren f Ontario 62 % * 20% Car Mills 9% * common Alcohols Jan Weaving Noranda Mines Ltd Flour „ 75 16% May Wire 7% * 3.95 18% — Ogilvie __ * 100 — , 92 4.00 14 Montreal Morgan (H) & Co Ltd 5% i * * 100 500 25 } 155 pfd 17 (Robt) Steel 153 B Combined Enterprises 5% 18% B National 153 12 .88% May 5% May 30 2,845 ♦ 18% Molson Breweries Ltd class A Niagara 36% Feb Feb 8% May a36 ; , 34% com class 16% :— j t 36% Jan 14 .33% Feb 16 17 * \ McColl Frontenac Oil Class * 9% Feb 13 205 20 a23 Ltd Wines ±—100 preferred Mitchell al8 52 a23 Ltd Co * Corp Ltd priority i Massey-Harris i 8% Mar 18 a8% 16 Bloedel Export class B__* & a ——t— Lindsay (C W) - al9% 25 preferred J Lewis Bros-Ltd . 8 * Laurentide class A i al7% 52 Lumber Co General Adv Dominion V Labatt 52 1 Claude Commercial 89% a5% Jan 6.00 14% Mar 100% 100% —.—-—.—* Service — — Co Chateau-Gai Class 6,215 25 775 255 70 100 Westinghouse Neon 8% all 9% al8 common Consolidated Textile Mills 5% Jamaica Public ■ __ Rand Co Fdry & Mach. Western 77/a al4 9% 88% a5% High 3% May 7 Apr 164 * * preferred— Marconi 33 • 7% 3% * Ltd Industries Jan 32% 1 Co Javelin 25 89% Canadian General Invest Canadian 1,285 * & Dominion Sugar Co Canada Canadian 40 — Ltd Co Canadian 33 100 1 preferred Mar 7.50 common Petroleum Co Ltd International Feb 1st conv 6% May 40 International Power . 1 10% 24 7% 8% Range Since Jan. 1 Low 3% __ 5 Co preferred Company common— Jan 5% pfd_25 Paper International . Jan Jan 23 32% common Canada common International 32% 9% Jan 100 30 Coal International Bronze Powders 6% Intl Nickel 32% Corp common..* preferred preferred $1.50 Intercolonial 9% 36% * Development Belding-Corticelli Canadian Imperial Ltd Works Glove High Low Par Acme Shares of Prices Sale Price Apr 103 Last STOCKS Sales for Week Week's Range Friday 45% Mar 4.00 Bridge Mar Funds Canadian 109% Mar 5% 37% 100 Smith Mar 35% Mar Canadian Stock Exchange Brown Hamilton 42 May Mar 37% — . Greater Winnipeg Transit Howard 42 39 Jan 14% * & Alabastine 10 Feb al2% 14% 5 preferred 34 10 Toronto 38% May 31% Jan Jan a 12% 3 General Steel Wares common Gypsum Lime Apr 21 * Ltd Dynamics General 105 Feb 14% • preferred General 10% 23 Mar al2% 100 100 General Bakeries 5% 10 % 21 • common preferred 5% % 525 1 Corp common common Power 22 Mar 33% May Jan 31 676 1,735 • Canadian Foundation Co of Canada 22 22 20 1 Jan 30 Feb 16% 34 Royal Eddy Mar 22 % 70 Jan High 221/4 a60 15 % Apr Low 22 % a59 12% Range Since Jan. 1 18% * common 550 17 new Shares High 25 Limited Zellers 14 127/a Chemical for Week Low 30 % 20 Range of Prices Par High a60 — & Low 13% Dominion Stores Ltd Tar Range Since Jan. 1 Hiah Sales Week's Last Sale Price STOCKS Shares 14 1 com Dominion Steel & Coal Dominion 22 for Week of Prices Low common preferred MAY Sales Last STOCKS WEEK ENDED Friday Week's of Canada send Jan Feb 39 40 \ (2284) The Commercial and Financial Chronicle... Monday, May 25, 1953 — CANADIAN MARKETS RANGE Canadian Stock Exchange (Cont.) Friday stocks Uranium Beaver Belle Lodge Mines Ltd Uranium Chibougamau Mines Ltd Boreal "J Gold Bouzan Mines Ltd Gold Mines Brunswick 1 " _ ~ Central Lead Cadillac & Mines 19 19 200 Mines 4c 4%c 6,000 4c Jan 3,500 90c May 90c 95c 3.25 200 22c 23 %c 2,300 20c 5%c 12,500 3 V2c 9,000 32c 7%c Jan 54V.C Apr 16%c Mar 19% 100 19% Jan 3.45 3.65 3.45 8,000 71c 4.80 81c 1.28 6,900 50c 4.80 4.35 Apr 1.70 1,000 1.05 Feb 43,500 8%c Feb 1.00 91'Ac 1.40 54,400 85c 1.36 1.40 4,700 80c Feb 1.53 5c 600 2c Feb 6c 6.70 6.75 700 5.90 Jan 9.25 10 10 100 9.90 Feb HV4 2.30 2.30 500 2.30 May 1.30 1.30 1,000 35c 33 %c 36c 25,500 11% 11'A 12 2,900 Macassa Mines 1.20 Mar 27c Island Minda Canada Moeador Nechi Pormaque Goldvue Mines Highridge New Larder 11,500 32c Apr 50c 10c 1,000 7 %c Jan 12c 10c 10c 10c 5,800 10c 14c 19% 19% 1,200 17 20 V* 7,500 10c ♦7c 500 49c 70c Nocana ^'•har Mines Mines Ltd a9.10 150 33c 37c 8,100 7.90 Mines Tache Lake Teck Mines Mines Ltd Silver Trebor 1.94 500 61'A 200 60 May 69% Jan 45c 48c 7,000 38c Jan fiRc Mar 15c 1,000 12c Mar 19c Apr 850 26c 5,600 25c Apr 5c 1,000 5c Jan 40c 3,500 40c Mar 12 May 38c 39c 4,500 91c 11,600 35c May 85c May 87c 17c 4,500 11'/2c 30c 30c 2,500 30c May 500 37c Mar 14% Class Acme Gas & 1.70 May 1.20 May 1.50 75c Mar 90c Jan 25c May 31c Apr 1.47 1.38 1.47 5,475 72c 72c 14,000 OIL 1.33 Apr 69c 1.65 Jan 1.10 May Jan STOCKS Apr 8c Jan 65c Mar Akalcho Yellow Knife 47c Jan Consolidated Distillers Alberta Pacific Feb Exchange Jan Aluminium 54c Feb Aluminum 75 %c Jan 5% c/c 1.30 2.90 2,000 10c Apr 19c Jan 34c 4,000 27c Jan ~>nc .Tan 93c 1,000 93c May 21 y2c 22c 1,500 90c 90c 90c 100 1.40 1.40 400 1.45 1.45 1.45 2,000 13 %c 13 %c 13 %c 21 %c May 1 • - Canada 2nd preferred _ 1.03 May Petroleums — Yellowknife American Amurex Oils Anacon Lead Anchor Petroleums class A 1 3c 8c 1,500 1,000 Jan 12c Jan May 84c 12,200 70c Apr 4,600 16c Mar 1.09 1.20 28,600 13c 15c 5,000 4%c 5 c- i 13c 12c 13c 4c 4.75 5.10 40c 41c 1,700 i Feb Apr 1.33 May 8'/2c Jan 1,398 41c 17 5,500 5.00 f 1.09 May 8c Jan 100 25c May 22c Apr 3.75 Apr 4.30 40c Apr May 5c Jan 8c May 21c Feb 1.54 Jan 21c Jan 1.20 May 24c Mar 7c Jan 22 4c May 8c May 32c Jan 50c Mar 500 7.10 7.10 200 2.15 2.25 1,100 25c 21c 26c 15,300 20c Mar 39c Jan 88c 92c 87,400 53c Apr 92c May 2.10 2.10 500 i 1.10 2.10 Apr Apr 2.00 Apr 1.10 May 1.10 .2,200 20c 20c 21c 8,600 11 %c Jan 3.65 3.55 3.70 5,700 2.40 Jan 9.00 9.00 — ~ : '-'ll ' 2.74 2.85 43c 46c 300 9.00 May " 19 11,700 ' 5,000 l 29c 25c 29c Tu"Pten Copper"M~ines~Ltd-.t Westville Mines 2.49 2.30 2.50 3c 4c May 1.38 14,000 Jan 38c" " 10,400 3%c i 16VaC Apr 27c 7 Feb 1.30 1.00 Apr 25c 9,300 9'A Oils Ltd 1.00 1.10 3,100 May 1.35 2.38 31,870 2.00 May 2.80 3.20 3.20 1,500 3.20 May 3.85 Feb 1.60 1,100 1.60 May 2.25 Jan 33c 1,520 30c 43c Apr Petroleums 35c * Bailey 8elburn Oils Calalta Calvan Ltd & 2.20 3c May . Gold Ascot — Metals Ashdown Athona 25c * Canada Oils Lands Ltd Canada Southern Oils Ltd 1 Canadian Admiral Oils Ltd • Canadian Devonian Consolidated * Petroleum Cordasun Oils Ltd Del Rio Producer# Ltd 'Empire Oils & Minerals Petroleums Ltd Oil Ventures Ltd .• 1 * 1 Federated 36% 600 35 Va Apr 49 % 45% 4,356 41% Apr 53% 24 565 21% Apr 24 May 100 V» 101 572 101 May 36c 8,350 30c Apr 54c Jan 72c 75c 7,500 65c Mar 75c May 18c 20c 12,700 18c May 40c Jan — ■ — 100 'A May 2.70 2.78 6,000 9c 9%c 12,500 6.25 6.60 3,620 13 %c 13 %c 463 17% 20 9.15 Mar 725 16% 2.26 May 3.30 Apr 9c 6.20 May — Feb 14c 9.70 Feb class B 10 14 %c 1 /• 21c 8.25 2.99 Jan 30c Jan S'/sc May 10c Feb 6c 7,500 7,000 9c Jan 29c Feb 40c 3,500 32c Jan 55c Jan 11% 12 350 11 Vs 84 787/a % 84 97c 12% 16c Jan 60c 20,050 84 Jan 1.04 ADr 16% 100 16% May 14c 15 %C 19,200 13V2cMay 17% 2,263 157/8 May 16% 17c 15c 17c Avillabona Bagamac Mines Ltd 11c 3,000 Feb 19 1 Home Oil Co Ltd Fr»r footnote see page 43 Apr 6.50 May 5.00 May 4.45 5.05 2,675 4.40 May Feb 23% Jan 17c 9c 2,900 8c Jan 16c Feb 7c 7vic 13.200 6%c Jan 20c Jan 22c 2lc 26c 13,645 21c May 33c Apr 16c 15c Jan 25c Feb Barnat Barvue Mines 8% 8% 70 7'A 35c 40c 52,450 37c Apr 3.10 May 9'A Feb Mar 61c Apr 19c Jan 42c Feb 23c 24c 9,700 4.45 5.20 9,425 2.10 2.35 5,250 834c 5,700 33% 40% 33% 780 31% Mar 34 May 10 40 Va "1,235 38 Va May 42 Mar 10 39 39 39 145 38 Va Apr 43 Mar 1.30 1.35 17,800 1.05 Jan 1.55 Apr 2.50 2.33 2.60 16,760 2.33 May 4.20 Jan 1.00 1.10 3,120 -1.49 2,200 7V2c 1 10 Scotia 33 * 41 4.35 May 5.80 Jan 1.90 . 2.91 Mar 6V»c Feb Jan Toronto Ltd Warrants Barymin Co Ltd 26c 26c 28c 97c 80c 1.01 Uranium Mines 85c May 1.30 Jan 12,720 22c Feb 86,950 82c May 12c Jan 1.55 Apr 43r 35c 35C 2,000 5.75 5.75 5.75 500 4.55 4.55 4.75 10% Jan Jan 1,100 750 60c 500 1.05 1.05 1.05 57c 54c 57c 9,800 3.00 2.75 3.00 700 1.00 90c 1.12 40.200 6.10 ; 1.60 • - 1,200 35c May 5.40 May 4.55 May 9% 60c 1.00 52c Apr May Apr May 54c Jan 6.60 Jan 5.10 Jan 12% Mar 95c «j|f w 6.55 1,600 1.52 Canadian Affiliates \ Jan 1.70 4,800 8.50 8.55 750 3.70 Jan 1.17 May 5.80 Apr 1.20 Apr 2.55 Jan 7.80 May 13.25 Jan 7.50 Company Inc. Street, New York 5, N.Y. Telephone: WHitehail 4-5336 Jan CANADIAN 2.75 May 55c Apr 40 Wall Jan 1.56 80c Gairdner 8 Jan Jan Gairdner & Company Limited Gairdner, Son & Company Toronto SECURITIES Montreal Quebec City Calgary Kitchener Kingston Feb 1.10 May Jan 5.90 Jan 1.95 " 8.15 Apr 20c 24c Jan 80c Jan 9% Apr 2.35 Mines 3.25 Apr 663/4C Mar 8 2.61 1.43 of Jan 60 5.20 Montreal Nova 24% 1,300 1.10 of of Bank 9,200 8 1.30 Bank Jan 16c 2.62 8 1 Bankfield Consolidated Mar 15c 2.61 1 Oil IOV4 72c May 8V2c 7c 50o Mines Banff " -- ♦r 35c Feb 27c 8%c 1 Bailey Selburn Oil & Gas class A Bank 43c Feb May Jan Jan 3,500 75 %c Feb 8c 45 11c 11 %C * A Feb ♦ R0 Apr 1 Jan 1.65 46c Feb 16c *■ common Jan 2.11 Feb 80c 1 Gold Electric Baska 42 %c 10% Jan 13% May 13c 13 %c 5%C 1 Mines Feb 100 60c Jan 1 River Jan 40,100 9.75 Apr Jan 1 Mines 7c 53c 60c Jan 35c II,500 T Mines Class — 76c 4.40 6.50 - Jan Jan 12'A . 2,000 16c 17 %c 16% —— 17 Atlln-Ruffner Aunor 12 1 Atlas Steels Auto 48c 47c 16c .100 — (1937) Apr 50c • Gaspe 1,200 Jan 36 5%c Corp Hardware Mines Jan 6.50 Gas~clas"s" aIIIi Petroleums Ltd Petroleums Ltd 35c Feb 23% »> Base Metals Mining 50c 1 Jan 44% * Ltd — Antone Feb 2.16 Oil 8tocks— Altex Feb Feb 1.65 Mar Feb " 200 19% 43c , 19 2.85 . , 48c 1.06 common Aumaque 500 1 Jan 20,500 13 %c 1 _ Preferred Arjon Aumacho 92c i 1.5b 18% Mar 100 Va Mar 14c 36c Corp Jan 1,601 Apr Argu# 63c 4c — 1.48 Feb Jan 200 1.49 Feb 16 Va 97 5,600 8% Mines Aubelle 10c 7c Area 5.80 Jan 38c 6.85 • Apex Consolidated Resources Aquarius Porcupine Atlas Yellowknife 4c l 17c 8% 6.60 Jan 10c 10c 17c 8% 13 %C -1 1.45 May 17c Mar 37c * i 10,025 9c • — May 5c 12c 11,600 22c 2.70 Jan 3.05 19 61 1 Ankeno Mines 3%c 1.42 257 20c 6V4 400 18 99 17 Va • ' Anglo Rouyn Mines 1,000 19 7 V. 99 Feb 1,000 1.33 7 17% 1 Jan 1,700 19 7 V. 26% Feb 7% Mar 50c 2.00 3c 1.40 14% Mar Jan • Ltd. — 2.15 al7c 1 Apr 25 Vi 32c 100 __ May 3.75 5,000 12V4 I,463 __25 _ 1.45 76c 1.18 3,618 36'/4 _ pfd 1.40 May al5c 13 %c 14 26% 1 81c 1 13 V* 26'/4 45% • Ltd of • al5c f High 13% 33c Anglo-Huronlan 8c i Low High 1.60 Feb 12c 1 Range Since Jan.l Shares 3.20 1.15 3.50 3.75 ~~"i Sales for Week 2.31 Apr 80c 3c ~ ~ "l Range 26% 1 Anglo-Canadian Oil 21 %c i Week's of Prices Feb 66c 33c 33c « Exchange LOW * Algoma Steel 36c. 93c , 1 * _ Cons Leduc « CO. 18 « Gas common Nepheline 10'Ac 10'Ac • Albermont Petroleums Alberta American __ 20 . • American 18c common__ Petroleums Feb 120,000 * Ajax 31c l & TORONTO, CANADA * May \ Anglo-Canadian Oil Co Feb 4,925 4,500 • 18c _ Jan Last Oil 1,000 18c * Ltd... Apr 89c 100 28c Agnew-Surpass Feb ... 35c 29,900 20c Mar 56c i " ^endeU Mineral Products. " Feb 80c Acadia-Uranium 18c Weeden Pyrite & Copper 13,600 1.50 1.20 44c 99 Jan ~7~ May 25c Preferred Jan ' 1.85 75c • May , ' Jan 47c 1.43 FIELDS A 32c J ' 60c 30c Jan Mar 41c ,v Paper 82c IIIIIIIIIi _ Feb 8,500 25c C. preferred Acadia-Atlantic common 10c Ltd i_7 12% 1.94 May & Power 4,700 Ltd 77c BAY STREET, $1.50 16,500 Ltd.! Mines 1.58 Mar 40c ( Vlolamac May 91c j United Asbestos Corp Ltd" 1 United Keno Hill Mines LtdllUIIIH* i Ventures Ltd 70c 25% __ IIIIIIIIII"—. Mines Mines May 1.94 — Hughes Gold Mines Tobrit 70c 1,000 8.60 Jan Abitlbi 38c Ltd Apr Par 1.30 Ltd Jan 51 Vac Friday 12c 12%c i Steep Rock Iron Mines Sullivan Cons Mines Ltd 1.13 14.000 Sale Price 33c Mines 1,000 56c 75c 8TOCK3 12c Mines (1944) Ltd Standard Gold Mines Ltd 25c 1.60 55c Canadian Funds 38c ""I 23c 1.60 Toronto Stock "• . Feb 23c Members The Toronto Stock 56c Stadacona Tazin Jan 13,100 40c Ltd Ltd 2,200 Mar prepared to comment on your holdings of Canadian oil stocks 200 50o Ltd 1.40 are C. 98c " May 1.35 1.500 Inquiriet Invited 56c Rexspar Uranium & Metals Royran Gold Fields Ltd Boma-Duvernav Gold 12c 100 7c 70c Quemont Mining Corp Ltd Mines We 1.14 Quebec Nickel Corp Ltd Quebec Smelting & Refining Ltd Quebec Yellowknife Gold Mines Gold 7.80 May 6c Jan 7.90 7c 5c <Quebec)I~"i Gold Dredging Mining Co Ltd 8herrltt-Gordon Feb Jan 12 1 • Porcupine Prime Mines Ltd Que Chibougamau Gold Fields Ltd Quebec Copper Corp Ltd Quebec Labrador Development Siscoe 10% 70c 16c ~ Copper Mines Paramaque Mines Ltd Cons Apr Apr 60 Mines™!!"! Opemiska Gold 8.80 22c 30c . Pato May 70c 1 Obalski (1945) Ltd O'Brien Gold Mines Ltd Ontario Pyrites Co Ltd."1 Pitt Apr 1.94 1 -IIIIIIIIIIII 23c 2,100 1.60 CANADIAN Alberta I Ltd. Nudulama Mines Ltd 49c 35c * """"" _ Jan 1 Ltd Petroleums Mar 49c a8.90 Jan Mar 15c ~ 1.68 525 . 1.20 Jan "• ... Apr . 10a . Homestead Oils Ltd Western Wilrich Jan 16c 17 %C __ 45c Ltd.. Mines Ltd Feb 90c 1.28 45c Jan 19% j New Pacific Coal & Oils Ltd New Santiago Mines Nisto 2.25 1.50 Jan 7c Co 50c Jan May 10c Ltd Island 13 Feb 11 37c 1.60 * . Ltd Feb Ltd Mining "U" Oils Feb 24c i Mines Feb " Feb 6c 44c 1 I 11 36c 11 1.55 Apr 1.85 { Cons Dredging Ltd Mines Ltd New 5,20 Jan LtdIIIII~~5 Calumet New Jan Jan a9.10 Ltdlllll!!!! Mines New 48c Mar 1 ... Jan lc Ltd Co Oil Territories Feb 3c 1 Ltd 3.30 l53/4 Jan 10c __ New 13 Va Apr 40c 1 Ltd Mines Monpas Mines Ltd Montauban Jan 3.95 12% 70c Mining Corp of Westburne West Jan 80c II, Mines Jan Apr 1 Feb 61c 6,000 Mining Corp Ltd Mines Ltd Scotia 2.05 Apr 4,000 . HI 1.52 2.25 —* Ltd 3.80 Jan 12c Ltd Mclntyre-Porcupine Merrill Apr 3%C ——_IIIII"~II"i Ltd 1.15 May 8,500 1 Ltd Oils Oils Ltd Oils American Tor Tri-Tor United Jan 3c I-IIIIIIIII & Dev Co-IIII! X Mines__. I_IIIII" 1 _ 1,500 3.00 Jan Jan Jan 2.30 Ltd Ltd 1.20 2.75 __ Feb 91,000 Ltd 1.15 2.75 2.20 Feb 6.75 — • 1.35 Mines J.66 May 37c _1 Apr 5c ■ ■ 6.70 lie Mines 2,000 011s_ 14 %c May 1.64 May 500 1.20 Labrador Mining & Explor Co Lafayette Asbestos Mines Ltd 1.70 2.40 Mar 15c « Kerr-Addison Gold Mines Ltd Keyboycon Mines Ltd. 1.66 2.99 2.93 May Jan 1.70 i 1 Feb May 4.75 • I Jan 2.20 • Grass 1.63 Jan 11 %C 3c Mines 94c Apr 13c 1.30 Shore 4.20 Jan 1.08 1.70 Ltd Keymet Mines Ltd t 2.70 May 1,300 1.25 " 1.25 • Ltd 1.75 22% Mar i Lavalie Feb 6%c Feb 2,000 I~"j Lake 10c May May 3,500 3.25 Leitch Gold Apr 3c 37c 2.85 Yukon Jan 8%c 2.95 Kenmavo Jan 4.40 Mar 38c 5c 1,840 3,400 Mines 1.35 Feb Apr 32c 13% Kayrand Mining , 1.85 19% IIIIIIIIHi Mines 5,600 3,800 6%c Mar 8%C 13% Mines 2.52 2.93 1.55 « Corp__ Oils Coulee Sweet 5c 1.81 2.59 1 23% Apr Stanwell Oil & Gas 13% Jardun Feb Apr Feb 3 Mines 46c Feb , Lake Mar 14% High 2.52 . 1 1.50 Hollinger Cons Gold Mines Ltd , 25c Range Since Jan. 1 Low High 2.93 • 8 V2c III IIIIII II* Ltd""""" l --_--_-_^___I__III Uranium 1 19 Vac (1945) I — Low Feb 32c Mines Co Feb 8c Jan 3c t • * 90c . — Apr Inspiration r«o 22c Jan 1 Gunnar Gold Mines Ltd Jack Jan 3c 3.10 ~Il Goldfields Uranium Mines Grandines Mines Ltd___ i 3%c 1 Mines Ltd Oils 50c 5%c "III! Oil Continental 6%c — Yellowknife Gold Jaculet Okalta 3,000 90c Share* 4.00 May 7,000 * Manitou New 1.10 • • Corp Corp 55C 4c Penimore Iron Miles Ltd Feb Apr 84c 2.50 Mar Dev Concord 8%c 23 %C EI Sol Gold Mines %_«. Fab Metal Mines Mines New Spring IIIIIIII i Mines Ltd""" 1 Corp Ltd _I.I~~I"l Sullivan New Feb 8c Ltd Eastern Metals 2.15 Feb 15c 51c l Ltd II Apr Jan —- 1 I Ltd British & Dominion Oil Ltd Petroleums National 53c Rait Rim Nickel Giant 28,100 — Mines_IIIIIII Zinc Dominican Asbestos Golden 1,000 41c 1 Mines Mining Co Ltd__ Fontana 28,000 4%c 35c 1 Explorations Ltd Frobisher 14c 4%c ■ j Consolidated Rast 12 %C -'*»m 39c "III Candego" Mines"! Donald a Jan 24,500 1.08 May May 1.45 57,800 13 %c for Week Par High Apr 4%c 88c 4,500 71c • Gold Dome 35c 42c 43c • Ltd Consolidated Co urn or 9c 4.00 1 Century Mining Corp Ltd —I Chibougamau Explorers Ltd Coulee 1,500 63c SmeltIngIIIIIIIi Mining & Celta Dev & Mining Co Cortez 6,500 12c 16,500 3.35 -_IIII_III~Il Ltd Carnegie Mines Ltd Chirno 98c 1.64 64c Mine~s~"£td Bouscadillac Brunhurst Low 12c 42c Ltd__I_I"~" Mines Sales Range of Prices Friday High 3.35 Gold Rare Week's Last Sale Prlee Range Since Jan. 1 89c 12c 23 STOCKS Shares 1.54 l _ Belville Gold Mines Ltd Bonville 94c " "I"* Mines MAY WEEK ENDED for Week of Prices Low * FOR Sa'es Range Sale Price Par Baska Week's Last Hamilton London (2285) Number 5223... The Commercial and Financial Chronicle [Volume 177 41 CANADIAN MARKETS RANGE Week's Friday Last STOCKS Bathurst s* Ltd Petroleums Bata • Bell 6 III—1 1.55 25 Lodge Uranium Mines— 39% |,-1 36c 36c Telephone Beliekeno Mines Eelleterre Bibia 1 | 11 j || I, 1.55 1.64 10.800 39 39 Vi 6 Apr Jan INDUSTRIAL, MINING AND 35,700 35c Feb 72c OIL SECURITIES 39% May 2.50 2.60 800 50 %c 50c 55c 34,800 15%c 17c 3,800 - ^ Feb 2.10 1.30 37 Vi 15 %C 2.50 Jan 19,311 »■ 39c •v Jan 8 Apr Frame, McFadyen & Co. Jan 49c Apr Jan 45 31 %c May 1,235 i 1 _ _ _ Mines— Yukon 7% 49c May 40 1 Quebec Gold Bevcourt 25 1,842 7% —. . 22 High Low 27c 15,400 41 31 %c 31 %c 1 Beatty Eros Beaver 41 «... MAY Range Since Jan. 1 Shares High 27c 28 Vic $ class A Power 28c — Beattie-Duquesne of Prices LOU) WEEK ENDED for Week Range Sale Price Par FOR Sales 2.40 3.75 May 49c TORONTO Jan 30c May 25 KING STREET W. —EMPIRE 4-5161 Jan Jan 1.00 Apr 15 %C Jan Members: The Toronto Stock Exchange 1 Kirkland Bidgood 9 Vic 10%c 9%c ' Biltmore class Hats A preferred Gold Boymax — - 65c Jan 14c Jan 16 Mar Jan 57c Mar 63c 72c 311,450 2%c Jan 15c 14 %c 16c 6,500 12 Vic Jan 11 %c 14c 6,000 11 Vic May 4.35 4.30 i~i 1 ordinary 1.15 1.40 2,100 10 10 % 4,910 10 100 100 5 100 7—160 1.08 1.15 May Apr 20c Feb 5.25 May Jan Jan Sale Price 100 May Shares Range Since Jan. 1 High Low 31 %C 33 %c 1 Lake for Week of Prices LOW Par Gillies Consolidated Sales Range Last STOCKS Feb 1.90 11% , May Week's Friday Jan 18c 3.95 Mar 1,301 1.35 10 % Petroleum Traction Brazilian 16,850 12c Mines Bralorne Bralsaman Jan 8c 19c 50 4lc —i -—-- — — 13% —1 — Bordulac 38 %c 1 Mines Bobjo Bonville 1 12% 6,500 13% 38 Vic • r 10,300 23c High 34c May May 1 Lrilunu Mines Ltd Bristol 12c 15c 92,800 9c 2.10 1.95 2.10 50,100 33c 34c 1,000 4.60 5.10 5,320 18% 18 18% 6,886 79 79 79 33c 5.10 1 Petroleums • 100 Jan 32c Golden 80c 80c 40c Feb Guayana 1 55c 54c 59c 2,000 50c Mar Feb Consolidated Howey 1 57c 52c 57c 4,200 52c May 2.10 May Jan 53c 1.93 May 1 Oils Britaita 13 %c 1 Lake Red Ere wis Consolidated 750 Consolidated Preferred — Consolidated Mattarron 34c 32c 36c 8,462 32c May 25% 25'% 26 24% May 35c 19c Arrow American Oil common Columbia Elec 4% " Mining & Smelting Nicholson 16c 16c 18c 14c Jan Consolidated Peak 63c 60c 68c 9,491 60c May 2.50 50c 50c 52c 1,620 50c May 70c Feb 1 13% 13c 14 %c 73,700 11c Jan 26c Feb 12 %c 12 %c 480 10%c Jan 15c Jan Jan 16% Mar 4.25 May 5.45 Mar Oils British Columbia Columbia Power class Packers British Broulan Brunston Mar Consolidated Rochette Sannorm 105 87 Jan 95 49 185 47 Jan class Ltd • 5%c 5%C • A . 5%c 2,265 12'% Jan 15% 33 Feb 36'% Mar 12% 100 35% 36 839 8% 8% 600 89c 96c 21,150 12% 7— • 35% —7 . 1 — 91c 2.75 2.74 2.77 2,600 1 A— — 39c 34 %C 43c 241,700 1,010,336 Smelting— & 64c 93c 19 19 19% 2,735 9%c 9c 10c 10,500 1 — Mining 75c 1 1 Mining Buffadison Gold 4.60 5.75 May Apr 7% Mar Mar Consumers Conwest 65c Buffalo Ankente • Canadian : Products Bulldog Yellow Knife. Building & Class class Co 11c 11c 2,500 19% 19% 19% 110 49 49 85 A__ — — 15c 33% 171 7% * 1 4,500 32% 32% _ 7% 375 Crestaurum 2.55 Mar 3.30 Jan Crowshore Mar 45c Calmont Oils 26c 14 93c Apr May Apr Jan De Bread Jan 19 %C Jan Feb 35c Distillers Feb 10c 4%C Apr 34 Jan Jan 34c 7%c Jan Mar Apr Mar 36 Jan Jan 8% Feb 73% Feb 25c 50 Jan 30 Jan 22 19% May 42 Mar 35c 24,615 45c 41c 45c 5,600 5.75 5.40 5.80 3.60 3.60 3.75 3,635 8,200 1 8.75 8.30 8.85 3,185 200 41c 2.25 Crushed Canada Canada Dome Exploration 206 72 28% 29% 230 26% Jan Jan 3.50 Feb Feb 6'% Canada Malting Oil Canada Coal Dominion Dominion Foundry Dominion class Canada Packers Canada Permanent Mortgage. B Dominion Canada Southern Oils Dominion Donalda Lines common Canada SS Preferred Class Canners Canadian Car Crest 50 Feb 4.55 4.75 1,575 4.55 May 5.05 Mar Eastern 2.70 2.70 1,000 2.70 May 2.70 May East 7% May East Rim Jan East Sullivan 54 Nickel A Celanese Canadian $1.75 common Chemical Canadian Economic 10% 3,040 80 43 Jan 9.50 Apr 73 Apr 50 90 154 10 12% Mar 82 Jan El Pen 50 Apr El 160 Feb 84 Jan Empire 95c Feb Estella 70 57C May 5.65 5.30 5.70 5.905 5.00 Jan 6.50 Mar 30% 30% 31% 1,665 28% Jan 31% May 18% 18% 18% 2,084 17 Apr 19% 26% 26% 29% 1,640 26'% May 16 900 14'% Apr 18% Mar 615 16'% Apr 20% Mar Fairbanks Canadian 18% 33% 33% 35 y2 978 33'% May 46 Jan 33% 33 33% 296 32% Jan 34 Jan 14 Jan * 10 Apr 86C 2,000 21c Feb 31c 1.05 11,300 99C Feb 24% 180 22 Jan 7% 7% 500 430 — May 22c 1.03 24% 1.04 9 common 100 22c 63c — Petroleum- Devonian Jan 33 18% Warrants Canadian 430 11 45c 46c 8,500 13% 14 55 13 Apr 99 99 155 97 Jan 68c 60c Sol Canadian Food Products class A_. Canadian General Canadian Electric Malartic 5% preferred • 45c 13% 99 — Canadian Railway Pipe Line Products Canadian Tire 1 Corp common... Preferred 4,376 28 % 3,642 Eureka new Willlston Canadian Minerals Cassiar Asbestos Corp Castle • Ltd 1 Trethewey 1 Central Explorers Leduc Central 60c Jan Jan 25 Mar 2.10 27,050 5'% Jan Feb 420 40c Mar 26% Anr 9% 15% Mar 100% Feb 32% Jan Fenimore Cos Mar Gas 700 2.55 2.52 2.70 3,100 1.10 1.10 1.14 910 7.20 7.85 5,380 Apr 2.50 May 3.3C Jan 1.05 May 1.50 Feb 6.75 9.50 Mar Feb 2.90 Jan 2.40 2.40 100 2.40 Apr 4.35 4.75 7,500 4.05 Apr 6.00 Jan 1.10 7,900 6,750 4.30 85c Jan 3.35 1.32 Mar Feb Feb 1.72 1.62 1.74 Chemical Research 50c 1.57 1.53 1.60 12,400 40c Coin 40c 5,510 90c 90c 1.10 3,300 2.99 2.90 3.20 53,275 4.50 300 11 11 25 10 %c 13 %c 23,300 a - Mining Corp WiVlans Farm 1 12c 1 1.93 1.90 2.05 7.948 1.30 1.30 1.32 2,100 14 13% 14 1,125 • Eauipment Colomac Yellowknife 1 Coniaurum Mines Oil 1 Consolidated Astoria Consolidated 1 • Bakeries For footnotes see page 43. 49c 28,060 38c 41c 14,600 78c May May 96c Jan May 58c Feb 12c Jan 500 14c Mar 10c 9c 8Vic 9c 4,500 2.38 2.45 14,100 2.35 Mar 3.15 1.27 1.24 1.30 21,050 1.05 Apr 1.65 Jan 4.70 4.70 4.90 2,780 4.20 Apr 6.80 Jan 1.68 1.60 1.80 72,300 — 6% 25% 6% 1,225 400 58c Jan 2.45 Mar 6% May 8% Apr 27% Mar 45c 25 Apr 22 100 21 Mar 23% Feb 10,250 52C May 78c? 3,000 9c Apr 15c Feb 5c Jan 16c May Feb 22% Apr 17% Jan 20 Jan 45c May 1.00 Feb Apr 1.55 Jan 9Vic 11c 52c 16c 95,900 22% 20 50 25 48c — — 52c 19,200 20 1.00 1.00 1.07 14,816 27c 1.00 30c 11,600 25c 10,255 16 Vi Apr 1,890 249 16,250 93i 18% Jan 22 Vi May 20 22% 3.05 16 26 6.60 1.31 1.43 11c 24%c 25 6,485 155,400 215,700 20c 20c 4,000 1.15 62% 12% 14% 101 6 60 1.27 108 1.20 63 123/8 14 Vi 800 495 50 185 20 45c 44c 47c 15 26 6.05 16 26 6.55 1 Mines 1.37 12 Vic - — 17% 21 17 % 20% 22 Vi 2.95 17% 21 22% 2.96 108 ——* A * class A - • .* * * 20c — 63 -- 14 Vi -100 - 0 debentures convertible 4'Jo Explorations Exploration of Alberta 5% — 6.70 1-30 101 6.80 1.35 950 80 115 1 * * 1.25 1.25 1.30 11-660 4,520 21% 21 21 % 465 102% 103 109Vi 109Vi 110 125 100 100 100 109Vi Bakeries * 5% 5% 5% Dynamics 3 37 V2 37 Vi 37 % 61 Vi 6.25 62% 6.25 5.65 47 16 A 10 %c 10 % preferred preferred 5%% General — __ General General Petroleum common Class — Jan 9->„ Tan 66 c 90c May 1.40 12c Jan 4.40 Mar Apr 10 Apr 8%c Jan F*b Jan Yellowknife Gold Apr Goldfield3 1.25 Mar 1.50 Jan Goldora 16% Mar 11 '4c Mar 17c Feb Jan 11c Feb 65c 1,000 59c 80c 75c 81c 18,200 70c 77,520 200 3.050 1.50 1.65 27,412 Manitou 2.50 4c 8 Eagle Mines 1.90 May 4,000 17c * 1 1 1 1 • 1 Feb 6c 55c 9c Jan 7 V z May 54c May 1.30 Mar 21c 9% 85c 1.80 10c 10 '% 1 14 1.03 — 1 —1 Gold Goldcrest 5%c 55c Mines Mines Jan Mar 7% God's Goldale Golden Feb Gold —* Lake Gold Glenora 5.05 74c 12 %c Lake Jan Jan 6.25 5.65 Products Mfg class A———— 14 %c 13% May — 5.40 47 16% 9%c 10 . 25 85 100 12,520 *5 ou Mar 52c Jan 23% 21 Jan Feb 25 May Jan 3.25 May Jan 1.20 15 Mar 24 Jan Jan 17 26 Feb Apr 7-50 Jan 74%c Jan 1.54 Apr 10c May 36c 19c Feb 28c 1.10 Jan 2.00 Apr 68 5.65 Apr 59 14 12% Maq May 108 44c Mines. Uranium Mines Goodl'ish 1 Mining 4%c 90° — 31c 14c 2.32 1.28 5%c 8 4%c 80c 34c 30c 14c 2.20 1.25 -5%c 7% 5c 95c 37c 34c 15c 2.33 1.30 5%c 9 2.20 120 60c May 1..80 1.25 May Feb 105 Mar 102 Mar 110 Mar 6.00 Jan 4.90 Jan 34 Vi Apr 45 59 Apr 68% Feb Apr 8.50 Jan Apr 7.50 Jan Jan 1 15,800 2Vic Jan 11,150 34,400 31,900 14 300 6,800 8,850 500 24,300 60 95 450 8 8 8 25 33,650 J 7lc 70Vic 79c Jan Grandine Mines * • • • • 34c 30c 17 4.85 8 7 36c Paper Jan Great Jan Great Plains Devel of Can Jan Great West Coal Jan Lakes Class B - common class A . Ltd 17% 4.95 _- ^ Apr 11% 48 A Bousquet 48 18c 95 Graham Jan Mar Jan Apr * A 5.25 41 Apr 48 Feb class 6.00 Mar Apr — Mackay Jan 100 9.15 43 Gordon Apr 22 Vi Mar 20% May 8Vic * Preferred Feb Feb May 11-066 895 50 Goodyear Tire common Feb Jan 9.25 Jan May ; Jan Jan 5.70 78c . 18 103 14% May 101 Jan Feb Mar 17% Feb 15c Jan 8 1 A General Geneva 31c 14c 5 1 Motors General General Steel Wares common 3.25 Feb 58c 22% 20 13c _ Apr 22 9c 9Vic 22 10 26% 8c 52c 1 „ 1 10c 9%c Apr __ • 1.95 Mar 1,500 - 55c 1.65 94c 38c -• 1 25c 2.10 Mar 5c Jan Jan 2.40 ———s., Feo 25,975 5%C 1 Consolidated Discovery 45c 38c 10 Feb 63c 50c 7711 Consolidated Cordasun Oils 48c Feb 11 9'% May —» 1.22 12c 13 %c 58c * Allenbee 49c —1 l.riO 62c 12 %C 1 Copper Consolidated , 1 , Lake Coldstream 38c 21,000 4.25 Cobalt Consolidated Cockshutt 9%c 1 Chromium Cochenour 7c 1 Ltd 1,429 120,100 45c Warrants Giant Mines 9% Apr May 20% Jan 3.00 May 1.02 8%C 9 Jan _1 - Preferred 19 17 w Jan Mar 17 19'% May 1 Frobisher Ltd common 15% 16% 24c Citra-Lartic 14'A 1,050 70c 83 %c 75c 1,830 9% 9% 1,610 8% 19% 1 — class Iron Gaitwin 4.75 Feb 7% Mar / 8'% May 17 8'% 19% May 19 %c A 15% 8% Manufacturing May 2.30 Mar Apr class 17 com„* ——. Motor 33 Apr Mar May Knitting Jan Petroleums Flank 20 1.70 10c Bar 16 % Nickel Warrants 19 15c Circle 12'% May Federated Petroleum 27 % Mar 3.10 —1 1,455 Ltd— Preferred 50 1,500 14,750 Ltd 13 1 Grain Federal 100 7,700 Explorers 12% Co 13c Chlbougamau Jan 13 common 18c Chesterville Mines 15% 1 Fraser 13c Chlmo Gold 99 Apr — Oils Fargo 33 1.10 1 Apr 12% 1 Foundation 17c Mines 96% 1,430 1 Jan 55c 13c Chesklrk 30 14 — Players 20 3.35 ■ 98% 13% 20 Apr 440 17c Oils 98% 14 Jan 12'% _1 Ford 1 Charter 15% Jan Jan 30 Apr 9% May .• Apr —1 Porcupine Centremaque Apr 4.25 2.75 May 27% Jan 1.51 Gold Central 12'% Investment Famous 33 1 Patricia 1,155 Fanny Farmer 20 • Oil Central 14 Corp 2.00 7.80 777 Gold Cariboo 13% • Gatineau Power common • 14 • _ Warrants 20 17 • Canadian Vickers 4% Life 2.10 9 20 665 Mines Ltd 27 . _ 6% ... Brass preferred 27% 25 Pacific Canadian 7% 50 "• Cos common Oils Canadian — Mar 6 Gold Fleet 9 22% Mar Feb 18 % 10% 7.75 Feb 75 Rey Empire Apr 154 10% Apr 187% • Eider Mines May 46'A Jan 49% 10 % 6.00 491 447 Eddy Paper class A 100 _• 1,800 16,400 _ May 3,999 • & Oils Decalta Gas Canadian Cellulose. & 6.80 19% 9% Metals May 74 "25 preferred 6.60 Feb Jan 277% Mar Jan 3.70 Mines— 55 63c • 6.65 24% 29'% - 35 74 —— —— 3,030 2.96 2.05 Mar 29 Mines Falconbridge Class com Mines 49 / 27% Jan 45 c Feb —1 Oil— Malartic 28% Feb 16 27 1 East Apr 155 80 —'— 27% • Gas 100 60c » 12,900 13c 9% Minerals 55 9.75 • 2.39 Feb 3.75 3.45 common 31% 74 — common 2.25 ■> & Steel Eastern Steel 60c * 2.35 Jan 52c Apr 9% Amphl Feb 82 10 Breweries Canadian East 22% 1712 Canadian Bank of Commerce Canadian Jan 180 • Oil Atlantic Canadian 7 53 20% May 154 — Oils 14,600 16% Apr 29% May '< 52 49% 22c 1 & & Jan 9 class A_ _ Admiral Oils 7 9 B Canadian Oils Duvex 170 80 ...50 ... Canada Wire & Cable Feb 87 Apr 7% 10% 1 20c Apr 2.75 —25 - Chemical & Textile 7% , 20c 12% 35c 19% Mines Feb 31% 6,895 .23.50 76 54% * preferred Tar 25 31% 4,431 3.45 Preferred 310 —.20 220 40c 3.00 19% Magnesium 80 *—».■ $ 13'% 2.75 13'% _ 29% Electrohome 6% ' - — Mar • Dominion 4.55 • _ 18c 1 Bank 20% —, Lands Warrants Feb 10 Asbestos Dominion 80 _ 12c 98% Dominion 20 % __ — Feb 14,800 Feb 58c 16 %c Mar 37 %c 13'% 1 • 250 20% 15c Jan 2.50 _ Dominion Stores Jan 10.50 Jan 3.00 78 ■» Canada Machinery (Western) Dome Mines 4.60 Mar Jan 75 10 Mar _2 Seagrams 6V2 10 - 10c 250 Oils 53 Stone.— Cut & Foundry Iron Canada Life Assurance 7%c Jan 1,100 1 Jan 6.65 8.30 Mar 3.05 * 29c 3,830 3.00 . __ Dominion Steel & Coal 73c May 29 20 Preferred 1,025 9c 12c 1 Ltd Ltd Jan 2.12 5.35 May 78 • 40c 13c 14 %c _ Mar Apr Jan 1.35 May 3.00 common 14 39% Mar 22c * A—k- Mines Minerals Dragon Cement Canada 40c _ 13c class Gold Devon-Leduc 14% 1.45 common 2,840 8c Producers Rio Feb 1.05 io7% 1.46 1 — 50 %C 18 %c 22C 1.35 1 Campbell Chlbougamau Campbell Red Lake 1,660 4.45 1 Patricia D'Eldona 15c 280 20 %c 1 & Gas 15% 4.25 12c 1 Mines Leather Davis 23% Mar 8%c May 24,800 21c 1 — Oils Cons Oil Feb Jan Apr 24c Jan 11 %c 11%C 11%C 15 4.30 • Ltd— Mines Mining Cournor Jan 15% .—10 Copper-Man Apr 1.40 24c 1 Flon 1 Gas May 89c 7%c Jan 22,000 16c 15c • Edmonton Flin Canada 40,500 * Calgary & Calvan 325 25c * Calder Bousquet Calnorth 38% — * . class A Callinan 38 23c • — B Burrard 6c 38 23c * Hill Burlington Steel Burns 5%c « 1 Buffalo Red Lake Bunker 22,100 21c 22 %c ' —III 2,500' 67c . Exploration 8% Detta Buffalo . 1.40 50% Mar 1 Oil Mines Erunswick Consolidated Quebec Gold 91% Mines Reef Mar 88 • Brunhurst 81 48 — Empire 21% 90 class A__ B British Apr Feb 48 British Columbia Forest Products- Class 17 7% 50 preferred preferred Jan Consolidated Jan —100 4%% 5% Mar Jan 76 100 Jan 50c 34% 10% May 4.55 May '* pfd • Fen Jan 73c 3,850 5,433 Consolidated British British 1 Lead Consolidated 1.35 85c 17 A l.ieo 5.00 'Uf 8 t>» 7% 290 16 ... 7%c May 1.30 Mar 66c Jan 18c Mar 43c May Jan 47c Mar 15c Apr 20c 7c Jan Apr 3.75 1.05 Mar 2.00 2.20 3%c 3c 88 Vi 47% Jan Feb Jan 12c Feb Jan 10c Apr Jan Feb 98% May 49 May Jan 7% May 8% 47c Jan 1.05 Feb 26 %c Apr 61 %c Jan 15% Jan 4.85 May 7% 7 Apr May 17% Mar 7.10 Jan 10% Feb 10% Mar 42 The Commercial and Financial Chronicle... (2286) Monday, May 25, 1953 CANADIAN MARKETS RANGE Friday (Cont.) Toronto Stock Exchange Last Sale Price STOCKS Freehold Gridoil Lead Gulf • Winnipeg Transit Greater Low 251 6.05 6.00 6.25 9,200 16c 16c 19c 12,700 1 Gold Lake 12 46,700 22 22 25 15 %C 14c 17c 32,200 * 34 33 % 34 % 450 -1 3%c 3%c 14% 4c 18,000 14% 185 17c _____ — 10 Vb 22 1 Gypsum Lime & Alabastine 11 -.30 17c 10c lie 8c 3.20 Mar 4.30 Jan Jan 8c Brick Milton 6.80 Apr Mindamar Feb Mining Jan Moneta 20c Feb Montoco Petroleums Ltd Apr 3%c 32 Gold _____ 14'/a Hamilton Bridge 39 10%c Gold 8%c Hibbert Mines. Harrison 10c Headway Red Lake Jan Jan 14% Mar 16 1,500 13c Feb 23C Mar 8%c Jan 20 %c Jan 8%c 4,367 6,000 7c Jan 15c Jan 11,200 6%c Jan 14 85c 1,720 12 10c ' ■ 1.90 Jan 2.70 12% 1,625 12 3,300 40c 90c 3,700 85c May : Jan , Jan 4.55 Jan 85c Apr 21c Apr 41c 43 %c 43c __1 22,100 2.90 High 1.20 Mar 1,000 16c . 14% Jan 56c Feb Apr 4 1.35 Mar 3 Mar 7c 10c 10 %C Hard Rock Gold Mines Harricana 2c -1 Porcupine Low 1.85 2.77 12% Corp 13% Range Since Jan. 1 High 14c 2.77 26 Jan May Shares 1.75 15c common Jan %c Jan Moore Corp common preferred 4% Morrison —.1 _. Brass— 25 13% 505 24 24% / 40 7% 200 49c 1.200 72 7% 15% . Feb 7% Jan j 27% Apr Apr 23 7% ve 26 24% 49 c —* 25 * ; 200 14% 14% * Locomotive Montreal Halliwell — Jan 2% 22 Low 1.85 Minda-Scotia 31 %c Mar for Week oi Prices Par High 4.05 May Sales Range Last Sale Price Ranse Since Jan. 1 High 4.05 Week's Friday STOCKS Shares 1 Products preferred Gwillim 4.05 MAY 22 WEEK ENDED for Week __9c — —_. Gunnar Gold Gurney Range of Prices Low Par FOR Sales Week's Apr j 26% Apr Apr 9 May 77c - j Jan Jan Mylamaque Mines Ltd Being exchanged for New Mylamaque Explorations One new for each 4 old Gold Crest Oils Ltd Mines— 35%c Hoyle Naco Jan National 5 9 9 100 32c 2,500 30c May 48c Jan Preferred —5 12 % 13 XO J 20c Apr 34c Jan 67c 70c 10,900 30 Feb __• • 67c 25% May 13 Apr National Explorations Ltd National Grocers common 12% 12% 12% 225 12 Jan 13% 15% Feb 27% 27% 40 26 Jan 27% Feb | 7.65 May 9c Jan 13 Jan National Hosiery 8% Mar j* 30c Feb National Petroleum Steel National Trust Mining Bay 20c 21c 2,000 25% 25% 25% 25 137/a 13% 13% 1,355 8.50 8.50 8.60 1,743 24c 24c 26 % c 26,000 6c 6c 2,200 17% 17% 200 2.85 2.85 43% 43 44 3,518 63c 62c 65c 22,300 100 123 123 123 5 10% 10% 800 15c 17c 11,300 1 1 Husky Oil & Refining Ltd Petroleums Hy-Charger 175 * • 1 Smelting <te porcupine Erie common & 20c * Mining Hugh-Pam Huron Feb 65c —______1 Smith Paper common Hudson 9%c Apr 1 Consol Gold Hosco Apr • __ Yellowknife Howard Jan 6c 34c 1 • : Oil Homer 11c 9,300 —5 Dauch Hollinger Home 71,300 5,500 37c —* Highland-Bell Highwood Sarcee & 20c 32c —i Gold High 6%c 35c 20c — Heva Hinde 19c 6%c National Heath Imperial Bank 10 Imperial Oil • Imperial Tobacco of Canada ordinary_5 ;: 15c 33% 33% 34% 300 31% 30% 31V2 4,232 10 % 2.60 Feb 58 Mar 65c May Jan 9.60 6% 50 4,930 19 19 30 19 Jan 35 Jan 36 Jan Apr 10% 1 —_— 20 Acceptance $1.50 Mines Negus New International Nickel Co 7% 175 7% Jan 2.56 39,100 279 1.60 Jan 2.99 Jan 26 25% Apr 27% Apr ■ 27% 27% 40 26% Jan 264 Jan * 29c Feb t 16c 3.70 16 J 2,500 <41,585 13,600 13.200 3%c 7 Apr 23% Mar Jan May 20 New Concord Development * * 1.75 1.63 1.75 8,982 1.63 May 2.25 Jan ? 1.15 1.15 1.24 23,050 1.15 May 1.51 Jan f Oil Continental New New Delhi New Petroleum Devon 26C 26c 26c 500 20c 1 1 1 1 1.22 1.20 1.33 55,150 55c Jan 36c 38c 10,450 35c May 3.00 2.70 3.10 22,220 38c 33c 38c 12c Jan 48c 29c Apr 54c 10c Jan 82c Jan 11 %c Feb 5%c Feb 2.200 3%c Jan Feb New 29% Jan 36% Mar New Fortune 33 775 32 Feb 36% Mar New Goldvue 1 30c 30c 32c Highridge * 50C 48c 57c 82,015 1 13 %c Dickenson Mines Feb Jan 6% Jan New Hugh Apr 34% Jan New Jason 40 40% 7.201 38% Apr 46% Jan New Kelore Gold > 130 130 130 93 127 Feb May New 26% 27 2,220 24 Apr 29% Mar New 5 22% 23% 6,320 20% Apr 29% Feb 12c 11 %c 14c 49,300 Jan 18c 11c 12c 2,000 9c Apr 13c 9%c Jan 24c 2.00 Apr —1 130 12c 12 %c 4c Malartic New Mylamaque Explor 28,000 4%c Jan 16c Apr 40c 42c 15,100 40c Feb 55c Jan 13c 14c 13,100 6%c Jan 40c Feb 29c 29 %c 4,000 28c 41c 21c 21c 22c 7,500 30c Jan 2.33 2.48 6,000 2.41 1 9%c 9%c 10%c * 16% 16% 10,833 1 8c 3,000 16% 235 8c 9c 18,000 Kenwell Oils & Mines Ltd 1 1.75 1.70 1.75 3,800 Kerr-Addison 1 19% Ltd Mines Mines 19% 20 5,315 16c 16c 17C 19,300 69c 69c 70c 2,000 12c • „ Kirkland Lake 1 Kirkland Townsite 12c 700 1 Klondike-Keno 1 15 %c _20c Kroy Oils Ltd (John) 1.76 15c 15 %c 1.60 1.86 5,500 16,450 Ltd 17% 17% 17% Labrador Mining & Exploration 8.85 8.75 9.00 I,635 Lake 1.26 1.25 1.34 24,800 Lake Dufault Mines Lingman Lake 32c 32c Osu Lake 35c 165 Apr 19 %c May 2.33 May 3.15 Mar 7%c,Jan 15 7c 1.60 Jan ~ Jan May 13 %c Feb 17% Mar Oil Pacalta New New Senator Rouyn Superior Yellowknife Feb Nipissing Feb Nisto Mines 16% Mar 20% Jan Jan 39c Lamaque 60c Apr 78 %c Jan Feb 28c Jan Norlartic 15c 1.55 Apr Apr 35c 2.10 17 Jan 8.75 May 85c Jan 18 11 1.80 22 %c Jan 35c 871 33C 3,350 30 30 25 2.45 2.45 100 • 4.75 Landover Oils 1 24 %c Lapa Cadillac Lapaska Mines 1 1 5c Lavalie ■; Mines Feb Feb 7.80 May 8.65 31c Apr 39c 30 Jan 33 Jan Leitch Feb Loblaw Class 2.45 May 4.75 4.75 350 24c 26c 3.950 20c 6%c Oil Mines & — Gold Inca Trinity — — Mining Mines Canada Northern 7c 4,000 5%c 5c 500 4.20 Apr Feb 3.45 Mar 5*40 Jan May 50c Louvicourt 10c Jan 3%c Jan 9%c Feb 7%c 7%c 40c 38c 40c 4,010 37c May 72c 70c 74c 13,050 65c 10c lie 1,500 10c Apr Apr 17%c Jan Jan 12 %c Feb 1,000 6%c Jan 12c Jan 61c 1.09 Jan Jan 10c 38% 38 38% 152 36 Feb 39% 39 39% 205 37% Feb 39% 8,000 6c Jan Lynx Yellowknife Macassa 7c 7%c 19c 21c 21,990 14,400 3%c Jan 21c Apr 30c Jan 16c 15 %c 17c 7,700 15 %c May 25c Jan 12 %c 4,000 15c 11 %c 28c 50c MacLeod-Cockshutt Gold MacMillan & Bloedel Lake Mines 1.95 3,600 77c 77c 1,300 23 %c 28C 48c May 6,800 47c 2.48 3,050 17 Mines— I 17 490 1.53 1.52 1.53 1,205 1 14c 14c 15c II,500 1 1.60 1.55 1.62 5,400 Goldfields Eastern • 4%C 4%C 1.58 Mar 77c 52c 2.41 Magnet Consol & 11c 17c Malartic Manitoba 17c 2,200 2.42 class B Gold Nudulama Leaf Milling * common Preferred Marcus Gold 5c Mines Frontenac Preferred McMarmac Red Merrill Mexican Light & Power Mid-Continent Oil Mill 7% 8 May 7c 9c 14c ' Feb 8c 8%c 2,000 8c Apr 11c Feb 5%c 500 4c Jan 12c Feb 16 %c 18 %C 7%c 5,750 1,900 35c Jan 12,000 410 Jan 1.65 1.66 300 16c 18c 32,500 95c 1.00 1,300 69 539 20c 21c 17c 69 - Ltd Mines 68% 2.85 ——^ Oil — Selections Okalta 4c Jan 22c Feb | Mar 29c Feb f 4.25 Jan j Ontario Jockey 11 %c Jan Ontario Pyrites Class B May Jan Apr 2.35 Mar 16 Apr 1.40 Mar Apr 2.95 Osisko 8 55c 65,300 22c 7,800 68c 12%c 13 %c 13,200 10c May —* Feb 20% Jan 1.75 Jan Coyle Pacific Apr Pacific 1.95 Feb Jan Jan 85c 83c 99c 30,250 83c May 7 12c 11 %C 29% 8% Apr 1.05 Jan 7% 2,000 7"%c Jan 13 %c 91c 4,100 80c Apr 1.15 8c 7%c 8%c 4,500 4%c Jan 17c Feb 8c 8c 4,900 13,700 3,200 8c Jan lie Jan ( Jan ;• 15c Feb 29c Mar \ 4c Jan 9c Feb 2.65 3,200 22% 23 120 1.36 1.36 1.44 14,100 He 15c 1,000 18% 18% 19 175 1.42 1.50 4,000 1.30 3.60 3.60 67 3.00 Perron Jan Pershcourt Gold Fields 27c Feb Mar 8,800 lie Mar 1,320 29% May 38% 84 Jan 95 18c Feb 3lc * __r* • ___• 30% 95 23c 95 15 22 %c 23c 5,500 60% 60% 9% 9% 210 36 %c 9% 40c 15,900 14,326 8 %c 10 %c 9%C, 9c 9%c 10%c 9%c 9%c 45c 49 %c 3.50 22c 135 14,700 2,500 13,000 60 % May 9% May 30c Mar 3%c Jan 12 Jan May May Jan Jan 40c May 11c Jan 12c May 7c Jan 12c Jan 35c 3.50 400 20C 22c 20,610 18c 35 %c 35 %c 500 34c Jan 3.00 Feb May May 64c 10c Apr May 17% May Pitch-Ore Placer Gold Oils Poplar 1.99 Feb Jan 3,75 Apr ; . 15c Jan 9c Jan 15c Feb 4,800 52c Mar 77c Jan : 404 50c Jan 60c Jan 9c Jan 14c Jan ' 53C 52c '55c 55c 11 Jan 13% Mar 72 11% 11 68% 69 235 67 Apr 1.00 1.09 13,360 90c Apr 35c Feb 54c Jan 22c Apr 4c Jan Jan 10c Feb 58c 38c 6,300 14c 29,400 4%c 4%C 4,000 5%c 500 • 5%c 8.10 43c 47c 8.200 45c Apr 7.80 8.10 4.150 6.60 Feb 41c 44c 3,100 1,400 17 %c 18 %c 3.20 2.65 3.20 33,070 55c 57c 8,610 1.46 1.38 1.46 48,498 42c 48c 26,000 35 35% 940 1.40 1.38 1.55 76,450 90c 45c 35% Mar 4.10 Mar 38c Feb 62c Jan Premier Pressed Border Metals Preston East Dome— 50c 1.50 1.25 35 May 1.32 May 5,800 70c 2,360 20 1.25 1.30 1,525 1.00 35% 35% 130 34% 6c 7%c 13,000 Prospectors' Airways Purdy Mica Mines 11 11% 1.45 1.50 1,900 3.75 3-60 4.15 16c 11 %c 20c 18,050 63,200 1.47 • 1 83c Apr May 1.27 90c 11% Apr 3.25 May 42c 21% 1 » I Feb 2.50 May 1.30 1 , * Feb 30c 21 566 Apr 65c 70c * 8.75 May 40c 35% Powell Rouyn Gold Power Corp Jan Jan 17 %c May 21% 1— 1.11 r 45c 1 _____ | Jan 36c 12 %c Powell River ? 8%c Mar 4%c | Mar 37/aC 37c 12 %c — -■ Apr Mar 55c Oils Jan ( 21 % Mar 6c 500 Development Ponder 65C 5c 2,280 Mines— Uranium Jan 1,000 lie & Gas Crow » 2.20 26,050 11% !2—*1 —- | May 8c 1 Gold Pickle 2.95 Mar 23 " 10c Mar 6%c 3.50 1.24 Feb 8c 18 %c Feb 69 Jan 22% May 3.45 Feb * 7%c 11c Peruvian Oils & Mineral 10c 2.05 Apr Jan 8c 55c Gas Peace Jan 6,600 29% Nat Apr 13c 2.25 2.50 1 10% 11c 12 %c 3.05 18C 19 %C 50 10c 82c j 7 8%c 1.05 — •; ,7 Mar River Apr 90c 2.40 Feb 1,920 Feb 1.05 May * 8%c 2.40 May 2.300 9 Jan 10c 68% Oil Paramaque Mines Parbec Malartic 17c 80c 90c 5c Page Western Jan * 5%c 38c 42c | f 4%c Jan 4%c 57c 75c Mar 1.15 11c 1 Feb 63c 2,000 6,000 Hershey Tubes Pamour Porcupine 8% May Jan 30,700 1 Petroleum 19%c Apr 7% Mar Apr May 35c 1 Jan 7%c Feb | 7%c 1 Navig l Feb 8 32c 3.60 (Eastern) 7c Jan 6% f Pacific 1.44 2c - 7%c 18c 1 Apr ' 26c 33c 1 Mines 19c ' 7%C 2.76 1 Lake Lake Jan 6%c Jan 1.43 — 1.00 9c 70c 8 — Red > i 15c Orange crush Orlac Mar 3.05 May * Grenada Gold Mar Mar 38c Jan —* Ltd Co 1.14 40c 37c Mar 1.75 68c warrants Ontario Steel common 1.95 May Jan Apr 18c 50c - • 50 Club (new) Loan 19 %c 68C - i 4,000 22c 2.78 Apr 3,000 22c 2,60 2.75 54C * * Omnitrans Exploration -j . 90c Oils O'Leary Malartic ■;' 16c 50 —I 1 * * Mines Gold O'Brien ; Feb Feb '-.'1 * 3,000 1 * Consol 8% 1.05 78% 1,765 6,700 —' Obaska Lake Mines Ltd Feb 36c 3,100 13c 14 %c Paymaster 41c Apr 16c 18 %c Jan 70c Apr 13c 14 %c 8% 85c 66 1 2.35 Mar Jan 16c Mar 75c 12%c Apr Feb 1.55 10c 3,150 15,650 9c 12c . Feb 18c 15c 20c 20c 2.60 1 11c ' Jan Apr 2.85 20c 20c Partanen Malartic 11 %C Feb 4.10 14c 3lc May 2.75 17c Feb 15,000 7,500 5,960 20c : 2.80 14 %c 18c 14c 22c ''' Apr 13c 9%c Feb 16%c May 3%c 10c 14c * May 79c 46,600 17c —1 For footnotes see page 43 87c 11c 90 1 ■ Jan May 8%c Apr I City Petroleum 54c 65c 10c Jan • com Feb 9%c 80 5 , 21 %c 2.95 Jan 4%c • Lake Feb 8c 284 100 Gold , 7%c 2,767 22,425 * Island Apr 12,350 89 » McKenzie Red Lake McLellan Gold 24c 2.95 13c _♦ common Jan 9%c 89 • _ ' 3%c 2.75 11c • McDougall-Segur Mclntyre Porcupine Mclvor Drilling McWaters Ltd Oakville Wood Petrol Oil McColl ! Jan 9%c 89 • Ltd— , Feb 40c 2.80 12 %c 1 . Matachewan Cons Mayo 8 1 Marigold Oils Ltd Marwayne Oils Ltd Massey-Harris Apr May 1 1 Malartic 23c Jan Jan 26c 16 %c 100 Maralgo Mines Marbenor (1940) Mines Mines Nubar Pan Maple ; Apr 5%c Opemiska Copper Mines— 1.85 , Mackeno Mines Red 11 %c 1.95 Mines Exploration Madsen 4%c Apr 5c Jan 7%c Feb 20c 8,000 29,000 Jan • Mines MacDonald Macfie 7%c • 1 ^ 72,425 7c 38% Mar 8%c 10%c l Goldfields 6,000 76c Jan Jan Northland Ontario Lomega Gold Long Island Petroleums ' 12 %c 1 • * 1 1 North Denison Star Oil • B 74c 66c 6%C 1 • 1 Oils Canadian North North • A 70c 73c —1 Ltd Ltd Mines North 1 class 72c 1 —* — Mining Normetal Norpax Feb Jan Mar 7%c 1 Groceterias 36,686 1 Mines North 1 Gold 13c • Ogama-Rockland Lexindin Gold 9c 1 Gold Nor-Acme Feb • Gold Lencourt 12c Apr 1 Leduc-Consolidated 28,450 1 Ltd— Norgold 12c 3,450 30c 7.90 * Gold ; Apr 80c Jan 55c * common - 16C 5 Mines Mines 6%c Jan 7.80 7.80 Woods the of Luz 13c ;—1 / 1 Thurbois New Nib Canada Oils of Northern Extension La ; Jan 16%c Feb 45 % c May 1 1 Mines Lake Ryan New 2.25 20c 33c Mines Lake Wasa Mining Lake 15C 1 Merger Rouyn 18 %c 5,700 28c Shore 2,500 1 * Nor zone New Norsewick Labatt 11,200 248,346 28c 1 Gold Newnorth Noranaa Mines Keyboycon Jan Jan 41c 13c • Gold 1.30 26c 1 Mosher Long Lac Mines New 2,100 14c Mining Kenville 96c 26c 1 Feb 2.25 12c • ; 15c 16 %c 1.15 1 2.32 Mar 2.10 12c Ltd Kelvinator 7,000 3,620 1 New Kayrand 10c 47c 1 Mines Morrison 12c 1 Oils Jupiter 9c 46c • U Larder Newlund New Ltd 9c 46c 1 Mines Laguerre New 2.25 • Mines 8,800 12 %c 14 %c 1 _ Apr 1 1 Jonsmith Apr 3.30 Apr * Gold Marlon Gold 1 Joliet-Quebec 1.63 Jan Ltd Joburke Jan 34c 70c Feb 5.10 23% • Gold Oils Jet Mar 2.50 13,825 16,733 9c j Feb 36c 3,490 5 (1939) Fen i 33 28 - Mines 2.15 78c 50c Petroleum Davies New Feb 1 Mines Jellicoe Feb 36,000 28% Oil Jasper 1.33 72,030 91c New Jaculet 2.92 May 20c 2.92 87 c • Jack Waite Mining 27c Feb 17c 2.52 40c Line Jan Apr 19c 91C 103 Gold Jacknife Feb Feb 2.90 • Interprovincial Pipe 4.65 30C 1 100 ___— Jan May • 5% International Petroleum 1.80 Mines— British Dominion Oil 3.35 40% Mar 13c Calumet New 28 • 5/100 15c 16c 4.10 3.50 17 %c 17 %C 16c 1 1 1 Uranium Bidlamaque New 5% common 4 H Jan 7% 6%c 49,515 Jan ' 1.80 —1 — Alger 2.85 class A International Metals Preferred 2.97 1 Powders Bronze Jan May 25% 10 * Nesnitt Labine com—* Mining Inspiration International 84c 26 7% 32% 30 preferred Mar 2.50 6%C 32% • common 45c 13% " 32% —1 Lake Industrial 9% Apr * 25c class B Car New Indian 8% May 11% Feb Feb 8 5% Jan 27c May 23 Preferred 49c New 12% Apr 30 23% Feb Apr 31% 10 125 Apr 15c Drug & Chemical com 3.40 Mar May 110 * Ltd Feb Mar 6% Imperial Varnish common Feb 19% 46c 23% 1,128 8%c Apr 43 10 £1 25 preferred Apr Jan 5c 17 23% Preferred 4% 24c May Feb 1.52 Jan Jan 7c Jan Jan Jan ' Feb Jan Jan 1.30 Mar 23% 1.40 Mar 1.65 1.76 Apr 5%c May 9% 45 Jan 40 21c Feb' Jan Mar Jan 12% Mar 1.70 Jan Volume 177 Number 5223... The Commercial and Financial Chronicle (2287) 43 CANADIAN MARKETS RANGE Friday STOCKS Sale Price Week's Chibougamau Copper Corp Quebec Labrador 16c Quebec Manitou Quebec Quebec Quemont Radiore 17c 13,300 94c 1.02 4,450 United Uranium 50 Apr 8% Jan 22 Jan 1 61c l 61 Vic 1 19c 58c 63c 25,550 56c 61 %c 18c 6,200 55c May 55c Apr Jan 26c May Jan 33c 12,300 19c 21c 12,500 8c 1.15 1.42 38,960 1.15 Ma y 15c 17c 11,000 Reeves MacDonald 2.00 2.15 700 17c 1 Regcourt 1 5%c 5»/8C 5 Vac 1 87c 80c 87c 1 8,317 2.30 2.25 2.35 5,425 6,000 10%c 15c Prado Cons Oil Rix-Athabasca Robertson Roche Mfg Long Rowan Class A Class _ * iinii 1.70 Mar May 32c 4%c Jan Jan 3.25 1.80 May Jan Feb 11c B Lead St Jan 22c Feb 28c 6,225 22c Jan 35c Feb 5%c 2,500 51/2C 5,500 20c 20c Antonio Gold • 1.36 1.30 1.37 7c 7c 7%c Ltd 20 20 12c Canada Roi Ventures Vicour 45 Jan 4%c May 5c Jan 57 ' May 7%c Mar 7%c Mines Mines Violamac Mines Oils Waite Walker (G Weedon W) Westeel Ashley 35 Jan 1,238 20c 2,500 1 173/a Mar Feb 32c Jan 3c Jan 5%c 1.95, Apr 24 Jan 9c May 1.95 2.00 601 12c 32,500 2.55 2.63 43,085 1.97 16,300 2.10 8,700 1.80 Scurry • 2.21 2.10 2.27 • 2.05 2.00 2.15 5c 28,000 Oils Ltd Security Freehold Petroleums 30% 7%c • warrants 5c 2c Breweries Sherritt Sicks' 35c Jan Apr 1.95 Mar 3c Jan Feb May Apr 37% Mar 2.25 Mar 12c May 2.81 Mar • * Voting trust Sigma Mines (Quebec) Miller 1 Mines Silverwood Dairies Siscoe South 1 class A Ltd 2.82 1 Co Jan Oils Gold & Standard -Paving Oil Co of Feb Mar 16c 12,066 29,460 23 205 20 Feb 22% 23 23% May 308 20 Jan 23 8c 4.25 Jan Apr 7.50 1,000 21c 18c 21c 12,050 18c 67c 65c 35c 5.75 Feb Jan 65c 7.00 Feb May May 7.75 32c May Jan Class 45,850 10 131 15 15% 1,766 12% 42c 45c 3,070 42c 24% 24% 55 30c 30c 1,400 30c May 30c Western Gas 2,049 30c Feb 45c Canada Leaseholds common Preferred . 20% 1.25 17 Apr 68c Jan 500 17% May 5 1.60 1.42 1.60 Wood (ordinary) 71c 79%c Preferred Sweet Grass Switson Oils Ltd Gold Mines 1 Central Gas River Tamblyn Ltd common Taylor, Pearson common Teck-Hughes Gold Mines Thompson-Lundmark Toburn Gold Tombill «.* —1 Canuck 20 • Oil Min & 1.85 -"'Class A «: 7.15 20c 20c 165 18c 21c 128,200 2.15 2.25 4,005 11.500 • 8,855 3%c Jan 6.80 Apr 17%c Feb 13c Feb 9.75 22 %c Feb 14% ]4". 14", 100 100 5 8c 7%c 8c 20,800 84,135 10« 2.00 Apr 22 %c May 2.92 Jan 13 Jan 97% Jan 6c Jan 9%c Jan Apr 90c Jan 1.80- 4,750 1.26 1.25 1.27 5,125 7c 8c 2,500 33% 33% 25 33 9 9% 450 8 2.10 49 %c 14 % May 101 7c Jan 18c 18c 21c 11,050 18c May 49c Jan Toronto Stock - Par Newfoundland Co Develop preferred 5 2.10 3,100 15c 17c 6,100 11c Jan 24c Apr 36c 39c 1,790 32c Feb 42c Mar 22c Jan 51c 2.25 May 25c 28c 6,500 1.15 3,600 12% 123/4 13 75 12% Mar 14 Jan ♦ 163/4 163/4 163/4 25 15 17 Canadian Industries • common Preferred 100 Lout 7 Apr 8% 1,825 Feb High 9% *9% 9% 325 88% 89 165 48% 48% 30 6.00 6.00 150 5.80 Jan 34% 36% ,380 34% May 42 Jan 160 Western Consolidated Jan 12 Yb Mar Jan 88% May 98 46% Paper 10 4.25 4.50 123 9% 9% 9% 12,883 • Lumber 153 4.25 • Marconi 152 1 , Canadian 36% 36% 36 36% 22 %c 24c __ Dalhousie Oil Dominion Bridge • Steel 24c • 49% Mar Apr 6.75 Feb 148 4.25 May Feb Feb 5.25 Jan Feb 8% 1,826 Jan 10% 34 Yb • Apr 37% Mar 28c Feb 75 76 332 73 Apr 83% Jan 34%, 34% 409 33 Jan 35% Mar 53 860 48 — * — — v 3,000 20 %c May 7% 53 52 5 Interprovincial Utilities 26% 26% 27 335 Apr 26% May * 4.00 4.00 4.00 200 3.80 Jan , Minnesota 17 16% 17 325 & Ontario Paper 5 26 Pend Oreille 1 4.60 Price Bros • — May 1.10 Apr Apr 15% Jan 1.70 Canadian 55% Mar 29% Jan 4.80 Jan Yukon Zeller's 14c 30 3% Mar • 3.30 3.20 3.35 4,827 1.10 1.03 1.10 26,500 363/4 363/4 37% 2,710 43c 44c 4,300 3.15 Apr 1.02 May 33% 41c Jan Feb Transvision-Tclevision * 12c 13c 4,500 12c Trend Jan • 30c 30c 2,000 24c Feb 2.40 2.35 2.45 8,823 43c 40c 46c 87,400 2.30 17c Apr Jan *.-* —— — • —. ■_-* * -- 26 860 4.50 4.60 875 4.85 4.85 24 765 29% 22% 2,200 4.85 125 Apr Apr 13% 64 56c 22% 55'<T Feb 4.20 May 28 325 18 18 — —1 Ltd Feb FOOTNOTES •No par • Inv Consolidated 25% 28% Jan 53 %c May 18% Jan 27% 6.50 34 4.00 Mar 1.55 a Jan 46% FOR OUT-OF-TOWN value. Odd lot sale _ 69c Feb 17c d Deferred Jan 36 %c Mar 2.84 95c Jan in e f Flat r delivery year's Cash sale (not included range). 5.25 Apr May 67c Mar 22% Mar wi When issued, Ex-dividend, u (not Included in year's range). MARKETS Admitted to unlisted trading wd When delivered, x price. sale CANADIAN Ex-liquidating dividend. privileges, range). Selling ex-interest. Mar t (Un) (not included in Feb year's AND Ex-rights, z Ex-stock dividend. r Jan Jan Mar 18 17% May Apr • Gen Thrift Stores Jan Apr 1 8% Range Since Jan. 1 High 7"% Shares Mar 1.90 Maf 8 %c __ lor'Week •< Jan 27% Corp — —— Gold 10 500 Tungsten 9% .—• preferred Bulolo 8 1 - Sales Range of Prices Low 5 common Jan 1.10 • Week's Last. Utilities 2,549 Oil- ' Sale Frlce Paper common 93/4C Triad Jan Exchange - Curb Section Friday m 38% Mar 1.15 • 22 %c Canadian Funds STOCKS May 29% Resources Feb Jan 1 International Feb 93/4C Petroleum 2.58 47c Zenmac Metal Mines Ltd 10c 283/4 Pipe Line May 13 %c May Jan Apr 29% Transcontinental Feb 27c 59c Hayes 1 Trans Mountain Oil 15,300 Jan 2%c May 6 % Jan -1.75 1.80 May 1.46 Jan 1.75 May 1.20 Mar • Trans Empire Oils Trans Era Oils 1.91 3,420 33c Jan Feb Mar Towagmac Exploration class A 2.25 30c 5c 5% Feb Traders Finance Jan 7% Mar Apr Feb _* Iron Works common 2.17 33c Jan * Toronto 2.25 1 u Mar 7% 1 Elevators 13c 100 May Jan 25c Toronto 125 Apr 1.30 Feb 9%c 5<*c Gold Silver Mines 217,700 6% Jan May 28c Third Torbrit 14c 21 %c 5% 98 7,500 15c ;8c ■ 10 6% " 9%c 3,000 1,725 II,183 1st ' 20c 7 99% 20,400 Jan 16c 10c 6% 99 % 7 __ 30c 34 '< Jan May 15c Apr 2.10 1.14 17c 1.48 29% 7.00 A 12 %c Feb 28c 650 1.75 1 11c Apr 5%c Jan 1.35 31% 5fic .„1 15,000 13%c Brown 33% 12c Jan 29c Jan 1.75 • 8c Jan 4.35 15c 34 25c l May 67c I,100 6.85 31% May 15% May 1.45 Apr :* . May 88,500 8%c 11c __ • preferred..—___100 International Sylvanite Gold Taku 14 8c __ 12c Jan 1 29 57c 2.17 May Jan 1 2,125 • Industries 5.80 May 26% Feb 1.65 1 29% 50c 71c Feb Yellowknife Bear Mines 29% 100 Surf Inlet 1.30 200 Gold Yankee Anglo ' * 25,300 14% Canadian Supertest Jun Mar 1.48 5.85 __ Jan 16% Mar 51 34 14% Yale Lead & Zinc 20% Mar 20c 42 %c Feb 30 * Wright-Hargreaves 16% Jan 2.21 22c May 13% May Feb 31 %c May 24 Feb Jan ! (Alexander) 345 l May Jan 46 % 1,580 & 25,230 1 Apr 20 % 1,780 Electric 2nd Mines 25c 2,100 Winward 18% Sullivan Cons Apr Feb 2.40 Winnipeg 18 1 17 c 28 5.90 _1 Jan 5c 33 31% 1 Mar 1.36 5.90 1 64c 50 2.35 Larder 47 190 303/4 Petroleums Jan Apr 34 2.40 Wilrlch 12% 29 ' 31% Winchester Feb Apr 34 1.45 * Apr 41c 300 1 Wiltsey-Coghlan 6% Mar 1.13 Jan 7.05 28'% Feb 3.25 95c 43 2 50 ;• 24% May 6% 9c 1 10 y4 Jan Jan 15 Mar 17% Steeloy Mining Steep Rock Iron Mines Sturgeon River Gold Sudbury Contact 13% 50 Jan 15c 24% Jan Feb 6% 31 Jan 15% May 1.70 Jan Jan 10 17% 31% Ltd 1.37 10,600 133/4 22c ,10c White Pass & Yukon 29% 1 25c 13% Mar 42%c Jan 395 Tungsten (Geo) common Western Jan ' 9% Jan 6% Ltd 21 __ Homestead Western 18% & 29c * May 30c 37 %c 25c 20% 20 A 7c 2,500 3,500 20% Jan Jan 73c 10 44c Feb 1.60 Yukeno Mines 7.40 17% Bros Steel 50 5.10 15% 9c * Preferred Winora 48% 14c 30c common Stanley Brock class A Stanwell Mar 47 % Mar 4.55 Platinum___l Ltd Stedman 43 Jan 22% • American Spooner 25 Jan 58c Jan 2.80 37c 5.00 • * Gold Southam 100 49% May 22% __1 Silanco Mining Simpsons 14c 44% 49% 2c 22% Gordon Breweries Silver 441/2 9c 5 common Winnipeg Shawinigan Water & Pr class A pfd_50 Class B preferred __50 Shawkey (1945) Mines 1 10% 18% Apr 7%c Mar 800 Feb 19% 2.62 l Sapphire Petroleums Ltd Oil Jan 20c 10 %c Sand River Gold Apr May 1.30 Mar 1,200 1 15»/4 13% May •' 46 46c • Canada 600 Mar 11 661 42% lc Products 13% 10% 46c Apr Grocers 32% 24 1.13 May 4,500 1 Consolidated Western 32 45% 62c 10% „ 2.85 1 West Territories Oil Ltd Western 32 Apr Jan 24c 1,000 7,000 55c __ " ♦ Pyrites Wekusko * • & 2.75 2.85 1 Amulet 19 9%c __ 1 Apr 32 % May 4.80 Mar 12 8.20 2,489 1 35c Feb May 21% 12,500 • Feb 29% Mar Feb 3.00 2,800 • Feb 9% 11 2,350 Mines Upper Van Jan 7,000 9.10 1 __ 10 Feb 46c 2,355 20c 12c 8.85 15% Weston common 1 13% 35c 9c Corp 60 9.00 14% Apr 135 22 „ ♦ __» Feb 27,000 22 25 _ 18c 4c 195 6,500 10c 21% 17,855 12 25% 30,625 2,000 21 3.75 10% 28c 8,700 31/2C 3.55 — 1.25 13c 4c 18,700 3.65 25c 20c 211/4 common.. 335 30c 1.15 34% Gold 27% 28c • 33 1,100 preferred- Zinc 13c Mining Selburn & 20c .10 26% 30c * new-. Steel 15% Lawrence San He 55 B B Oils United 3414 _.l _ Industries Ryanor Feb 14,300 ' Jan 1.18 United Western Oils Ltd Russell Apr 57 5c Royalite Oil Rupununl 1.15 3.40 • 15c 5c Silver Royal Bank Rundle Jan 25c warrants • May 1.62 57 i __ 80c 14c 14c warrants Roxana Oils Roy common Lac. Consolidated class class United Keno Hill Vulcan Rio 8 Mar 20c 20c 1.42 1 Feb 74C 1 Utilities Petroleum 1.14 May 50c Red Poplar Gold Jan 35 9 7 1 Asbestos High 635 Jan 9 United United Mines Uranium Redwater 3,215 8% 8% Low 9% 1 Corp Fuel May 8% Range Since Jan. 1 High 9% 26% United 17 19 8% Mining Jan 34c 18% Union May 8,300 Low 9% Gas Jan 48c 200,700 35c 19c Onion 1.24 47,900 1.24 34c Shares 9 Jan 1.70 for Week * common Preferred 9.00 May 8.75 1.06 34c 8% Acceptance 1.03 May 8.45 1.19 * Union May 8.35 May 855 A Jan 21c 94c Sales Range of Prices Par Mar 1.55 Apr Week's Last Sale Price 1 20c Apr 15 %c 1 class 22 High Jan 7uc • Inlet Ranwick Reel 20,600 13c 1 Milk Rankin 500 Gold Corp MAY Friday Mining Nickel Queenston Quinte Indus 84c 16c 1.02 Metallurgical ENDED STOCKS Range Since Jan. Low 14c 75c 82c Shares High 14c Quebec WEEK lor Week of Prices Low Quebec FOR Sales Range Last t\ 44 (2283) The Commercial and Financial Chronicle...Monday, May 25, 1953 OVER-THE-COUNTER SECURITIES Quotation for Friday, May 22 Investing Companies Mutual Funds— Inc— Fund Affiliated Bid Par —-—-25c Fund Aberdeen Ask 88c 1.25 4.94 1 3.92 4.19 Inc—1 11.75 Johnston 5.35 12.73 American Business Shares American Mutual Fund Mutual Funds— 97c (The) Fund Inc. Keystone B-l Par u Bid Obligations of Governmenl Agencies Aik Figures after decimal point represent 1 30.27 Federal Funds— Custodian Bonds* _^—l (Investment Bid 30.89 26.61 27.21 Inc—1 Inc„5 9.71 10.55 B-2 (Medium Grade Bonds)_1 24.00 20.36 B-3 (Low Priced Bonds) 1 18.77 3.44 B-4 (Speculative Bonds) 1 11.20 K-l (Income Stocks)—1 17.77 19.39 Beneficial 1 Blair Holdings Corp -1 Blue Ridge Mutual Fund Inc„l Bond Corp Inv Fund Feb. 17, Street 34.70 Federal 99.31 2%s Nov. 99.26 S-3 (AppreciationComStks)_l S-4 (Low Priced Com 8.23 8.95 5 22.18 23.98 1 Corp 24.01 99.30 2%s Feb. Fund 1 Inc 8.76 9.52 lc X3.90 Equipment shares_lc X3.41 X4.6S 5.15 19.37 20.94 Business 100 —— 6,725 135 140 6.84 Inc— Composite Concord 1 Fund 15.46 1 12.76 ; 12.34 13.34 Consolidated Investment Trust_l 26% 28% De Mutual Vegh Steel Certificates X4.83 5.32 shares lc Bond X5.01 35.05 1 16.81 Funds Diversified Diversified 5.40 5.92 X4.47 2%s 7.86 —1 7.27 Diversified Investment Fund_l 6.70 7.34 1.89 2.08 Fund Stock Dreyfus Fund Stock 25c Inc—<j— Units of —1 — 19.40 Industrial Fund dorp 28.30 15.59 16.98 Mutual Shares Corp— Net asset value———-—1 13.38 13.33 —1 31.13 33.29 23.49 25.12 20c 5 5.10 18.11 0.28 19.58 beneficial interest 1 10.65 Inc-1 2.61 37% 8.29 Balanced Fund——_i.—.—1 15.59 11.67 —-1 9.20 Priced Low Preferred Income 6.92 _1 7.88 4.94 1 3.74 7.43 Stock Series———— 1 5.50 1 10.83 11.84 Inc„lc 4.33 4.75 2 19.52 21.39 2.62 2.85 Natural Series—— Resources 1 1 Trust 59.30 63.76 5.76 Fund New 25 5 25 1 14.77 18.41 18.52 56.13 9.03 9.89 Pioneer (The) Stock Fund-lc 8.88 9.73 Putnam lc 5.06 5,56 ♦fr.14 5.64 lc Utility Fund Inc Inc— Fund (Geo) Common Selected Stock Fund 1 Amer Shares 2% 9.42 Shareholders Trust of Boston—1 Sovereign 7.48 8.20 State Street 8.43 9.24 Stein Roe 10.06 11.02 Fund 9.00 Investment Corp„* Farnham Fund—1 & 66.00 69.50 22.21 22.43 8.60 9.37 Technical Fund Inc shares——_lc 2.78 3.06 lc 4.65 b.ll Inc lc 8.45 9.26 Texas lc 7.22 7.92 United Accumulative Continental Income shares 5.06 6.88 7.54 United 1 11.01 12.03 Inc—1 26.56 27.36 Value 11.96 12.33 Value Line 1 1 Line Inc 1 4.64 5.02 11.75 12.20 1.86 2.03 Incorporated —1 10.37 11.75 —lc 13.66 4.39 4.80 1 12.36 13.43 1 5.85 Inc 1 Fund Inc—1 85c 94c Fund 1 6.00 6.56 5.07 Fund 2-53 11- 2-53 b2.75 11- 3-52 2.50% 8- 3-53 b2.60 2.35% 12- 1-52 9- 1-53 b2.70 2.45% Investment 14.25 Ask 1.75% bl.75 1.50% July June 11, 18, 1953 19. 1953 June 25, July 2, Agricultural American Insurance Co Alliance 10 10 bl.75 1.92% 1.50% Aug. 13, 1953 bl.80 1.60% Aug. Par Bank of Bankers Maryland 33% Chemical 36% $1.05 Bank & Continental Bank & 48 49% Trust—10 5% 61% 65% Empire N 16 Y) Trust—— Federation Bank 10 Fiduciary First of & Trust Trust National the 10 N Y—10 Life 10 Casualty common preferred convertible 10 of Y_ N 130 Franklin Square Guaranty Trust 37% 10 46 98 101 (The) Bank Island Trust 100 1,490 Trust- 10 Manufacturers Trust Co 20 Meadow Brook National Bank of Freeport Morgan (J P) & Co Inc 20 New City York 100 Bank National Bank & States 25 Trust Co Trust 10 100 First United 1 Bid 33% 168 Ask City Nat'l Bank and Trust 37% 29% 31 x273 10 48 29 Bank & 45'% 115 16% 272 46% 119 17%282 25 59 83 91 American Re-Insurance 10 38% 40% National American 28 Surety 25 Casualty (Detroit)__10 63 65 National Fire 10 10 64 % 66% Alabama 82 86 National Union 5 41% 43% Blackstone Valley Gas & Elec— 2 43 45 43 Va 45% 20 st Bank States 12% National Bank 20 ... „ Exchange Nat'l First National National Manufacturers Bank it Trust_20 27 30 Mercantile 25 48% 51% 25 60 64 Trust Mutual Bank St Louis Co & Trust Union Grove Trust Bank Bank & & 20 160 Bank of Amer N T & 8 29% . Fire Casualty Fire ..10 Fire 9% 42 Recent 10% Bonds-— Bid Bid Ask 1978 104% 105% Power 4%s 1983 4V«s 1983 103 Ask 103% Bonds—(Cont.) Montana Power Narragansett 102% — New 4%s Elec Orleans 3%s 1983 1983 22% 24% 1983 98% 98% Tennessee Gas 27% 29% Commercial Credit 3%s 1965 99 99% 7 % Texas Electric Service 3%s_1983 8% Northern 1988 5 Elec Power 3%s Fidelity & Deposit of Md 10 60 Detroit Fire 10 87% 93% Pacific 99 58 Pacific SSTSSJ^Sl'Sfcz Indemnity Co., Casualty Co 10 63 66 Florida —12.50 Edison 3%s 52 V* Fire Assn Firemen's Firemen's of Philadelphia Fund of 10 (San Fran)„10 Newark General Reinsurance Corp Falls Glens Globe & Republic Globe & Rutgers Great Peerless 18% 82% 86% Phoenix 10 99 66 68 Providence-Washington 10 28% Reinsurance Corp (Texas) 2 9% 10 55% 57% 5 26% 27% 10 37% 39% St 59 61 Seaboard 5 5 (N Y) Republic Paul Fire & Marine Surety Co 12% 19% Hanover Fire Fire Hartford Steamboiler Home & 1S8 101% 101% 1973 100% 100% 3%s„_1983 96% 97% Lgt 3%s_1983 Food Fair Stores 4s 30% R>wa Jersey Cent Pow & Lgt 4s_1983 48% 10%. 51% 31 33 10 47% Southern Util 33 40 40% Security (New Haven) Springfield Fire & Marine 10 38% 10 5 37% 39 46 % 48% Standard 10 39% 42% 41% 10 151% 156 % U S 10 43% Fidelity & Guaranty Co._2 45% U S Fire 41 43% U S Guarantee 86% 88% Westchester 102% 1983 99 Oil 4%s 1968 McKesson & Robbins 3%s„1973 112 99% 10 5 18% Accident 100 — 750 770 Fire 61% 63% 3 38 40 10 131 136 2 23 24 FOOTNOTES r 97 FOR •No par value. b Bid yield price. k Admitted to listing Stock Exchange. ■ 4* S* <r. *5 ^ 113 97% Loui^ia^ia'p'ower^Lg^^6'''^"* 4 96% Preferred 100 Maifory (P R) 4 CoNe^EnglandTow^4^0^ preferred Texas Electric Elec 4.68% Serv Texas Power & $4.84 5° 100 pfd $4.64 pfd 99% 100% 100% y stock. issued. Ex-rights. 105% 102 103% 51% 94 52 95% 102% 102 7/a 99% 100% 102% 103% Lgt— Ex-dividend, wiWhen 104 • preferred t New the New York 100 100 OVER-THE-COUNTER ISSUES x on 98 103 .Stocks— Phila Kentucky Utilities 3%s 4%S—ZZH—1973 44% Travelers 102 _ Kerr-McGee 16% 5 Insurance Co of North Amer—10 Power 102 gfr 103 5 Fire American Hartford 104 101% 97% 102% Public Service— 3 i/8S 2.50 10 30% Security Issues 3.33% Federal 180 A„6.25 River 50% 63 60 100 Northeastern 50% 59 Trust—20 Trust 88 48% 40 45% 47% * 37 54% 84 V2 10 67% 42% 45 % Employees Group Assoc Employers Reinsurance 42% 65% 51% 10 North 40% 17 10 196 43 20 Bank 10 191 348 41 , Bank—20 Bank Connecticut General Life Inc 333 " ~ Boatmen's Continental Casualty Co 103% Tn..,a Calif Forster 101% 25 26% & 50 30 % 40 Crum 48 San Francisco 24% Hampshire 37 61 Trust—33 % 2% Amsterdam 35% 51 preferred—5 National of York v 281 Continental Illinois 173 American New 25 Bank & Trust—100 National United 23 New Nat'l 22 - 5 New 49% Portland 110% 5 23% 33 205 47% , Peoples 1st Nat Bank it Tr 64Va 107% 4 36% 10 27% Bonding 57 , 19 25 Public Nat'l Bank & Trust—17Va 25% & Manufacturers 21% 31% 190 Pittsburgh 51 Va Merchants 33% 410 Angeles 62% 49% Merchant Fire Assurance. 54 390 395 ,. 1,530 20 Trust Massachusetts 5 375 ., Security-First National Mellon 10 32% 10 Los 0 47 —5 ' , G8% 22% Co , National Bank of Detroit 50 66% 20 Y 30% Shippers Bk Co Detroit 39 20 N Co 20% & 100 100 Savings Trust , Franklin National Bank— 5 Fire ~ 407 4 Insurance & 248 ripveland 23% 395 Automobile Boston Ask 241 X? National Bank 20 Cleveland Trust Co. —_—50 National City Bank 16 Union Bank of Commerce 10 135 21% 100 Fidelity & Casualty_5 Bankers Bid 100 Bank City Equitable Camden ' 62% 62% Northern 6'% Corn Exchange Bank & Trust_20 County Trust Co Plains Trust Bank 47 10 National Harris 54 45% American Automobile First 384 52% 15 Trust « Par Tower $2.10 prior 34% 372 —10 Bank American Newark 2.00% Chicago—(Cont)— 34% 4.54 Par 77 100 Trust National Chicago Jersey Insurance Co of 31% 33 Bank of New York Chase United Ask National Co—10 4.20 2.60 74 45 1.92% b2.10 „ 23% l Lincoln Manhattan American Assur b2.05 1953 Companies Amer 1956 57% 20, Ask ' the National 1955 Series Bid 36 Amer Trust Shares— Series 17.63 121 1.90% b2.05 1953. 22% Insurance Companies 55% b2.05 1953 Bank & Trust Trade 117 1953 6. 1953 Sterling 10 1.80% 30, Aug. 34 2.46 North 10 b2.00 July 1.50% Irving Trust Kings County 5.84 12.93 12.62 10 1953 1.50% (TAB) Industrial Bank of Commerce-10 2.16 11.90 11.55 i 23, bl.75 bl.75 1953 10.52 1 Independence Trust Shares —1 Boston. —1 Co Treasury Bills 1.65% 22.02 1 Group Life 2.65% Bid 20.54 10.75 America Casualty & Surety 2.55% b2.90 bl.90 9.81 9.45 17.12 Insurance 2.55% b2.85 1-54 bl.85 19.00 Unit Type Trusts- 15.66 Aetna b2.80 4-54 2- 1953 20.19 Diversified Trustee Shares— Series E 2.50 -lc Aetna 1-53 1- 1-53 1953 1 Co Stock and Bond Aetna 12- 1-53 5- 9, 1 1.33 Bid 2-53 4- 16, 1 1.21 Par 3- July 1953 1 — -lc 17.27 2.30% 2.30% July Long Investors Management Fund. —1 v 1.50% 4, Hanover Fund Insurance Group shares of 2.50% 2- bl.75 5.54 13.96 Institutional Shares Ltd— Group shares b2.75 2.35% Ask 6.39 Whitehall Fund Inc Wisconsin 13.46 —.1 Investing Corp Washington Mutual 14,94 —lc Investors Trust Ask 1-53 5.72 12.38 Fund Fund Wellington 15.51 5.23 1 Fund Income Investors 1 14.23 1 Fund Fund Shares United Science 4.61 10c Co of Bid 10- (White Inc. »lc —_—_lc 1 : Fund United Inc— Investment Due 2-53 1.50% Television-Electronics Fund * Investment Dated 1- June 14.41 6.93 common Growth Rate 2%% June 14.58 7.24 Income Foundation Fund Bank Ask 2.15% 2.25% Bid 27.92 Wall Street New 14.41 8.22 6.36 Guardian Mutual Fund Inc Hudson Bid b2.45 b2.55 32 13.48 6.60 Fund Due 1-53 1-53 26% 25.83 lc lc shares— Plan ; 1 Investors _lc Growth Companies Inc Growth Industry Shares Howe 96.20 bl.80 Scudder, Stevens & Clark— 9.34 7.00 shares shares 94.16 7- New York 9.04 shares stock 94 99.31 Scudder, Stevens & Clark •*. 6.33 shares shares Tobacco 8.53 8.52 Trading—. Fund lc Company Equipment shares— Railroad 7.78 & Street Fund shares.lc Industrial Machinery shares.lc bond shares—lc Institutional Bteel 95.16 1958 1, 96.4 95 6- 56.13 lc Bond 97.12 1957 1957 1, 1-52 20.03. Fund Inc (net asset value)—* Pine Railroad April 97.4 1956 1, 97.24 9- 2-52 20.01 1 Petroleum Merchandising Mining shares 1, 98.5 97.14 15.22 2.50 8.83 Petroleum Oct. Oct. 98.3 98.3 1956 6.50 10.21 Priced 98.6 1, May 28, 1953 19.56 6.00 10.56 shares 3.10 18.09 9.32 shares 2.83 —1 9.64 shares lc , England 8.06 bond Ask 99.12 10- June Pacific Amer Investors com—10c $1.50 preferred 5 lc Investing RR Inc lc shares shares.— General 99.29 1955 15, 1955 l%s United States 6.26 administered shares—lc Fully Bow Fund 21.62 1 Corp 20.00 shares—-^------——ilc Food 1 %s 100 A 99.10 2.25% 6.01 Industrial Stock Scries Fund Inc Electrical Equip April 32nds— Dated 2.30% 4.09 6.78 Building shares— Common In 1953 7.56 lc Chemical Dec. l%s l%s April 5.40 Series Series i——lc Automobile 100 l%s 99d? 1 %s 8.61 1 Series Bond Stock 7.74 Group Securities— Aviation 1954 wi__ .0112 1954 15, l%s March 100 A 99 35 10.05 —1 Series—— Balanced 2.87 9.01 1 7.06 Investors 100 99.9885 15 12.62 National Investors Corp— National Security Series— 39% 1 Capital General March 1954 are Bid Treasury Notes—(Cont) 16.73 Natural Resources of Canada General Maturity— Ask 2.50% series-——lc Inc Gas Industries 15, Rate 11.53 Speculative Investors Inc Fundamental 114% 99.16 Nation Wide Securities— * stock series Common 98.12 113% 2.30% 11.25 10 stock 1961 Federal Intermediate Credit Bank Debentures 30.43 14.34 15.47 Franklin Custodian Funds Inc— Preferred Panama Canal 3s 18.53 1 10.35 Fund Mutual 98 20.97 17.14 Mutual Invest Fund Inc 1 Fund—„_— Boston Founders 1958 Fund- beneficial interest—•' 1 Inc Equity Fund Inc— Fidelity Fund Inc——_— Futures interest—1 Feb. Values Mutual Trust Shares Fund—__— Financial 99.12 Bid 2%s Dec. 1, Howard— & Balanced First beneficial of Fund Of Eaton 1, 2.25% Shares Dividend 7.97 99.24 Treasury Notes— 8.61 Mutual Fund of Boston Inc—1 Diversified Growth 95.4 May Indebtedness— of 2%s June 1, 4.92 Inc„10c Fund Massachusetts Life Inc— common 94.24 1956 Mass Investors Growth Stock 18.48 stock—1 35.40 1954 wl June 1, 1953 Aug. 15, 1953_ 2s 5.52 lc shares— Ctfs 1 J. Fund 99 1957-55 1, 99.8 1%8 3.45 Manhattan Fund Inc— Net asset value- 98.20 1, 2%s Dollar Price Massachusetts Investors Trust— Delaware 99 May Oct. 100 99.16 - 1954 Maturity— 4.21 Petroleum 13.86 1 Inc_ 98.20 1955-53 99.14 U. S. Certificates of Indebtedness & Notes 3.53 X3.13 X3.32 shares—.————lc Paper 16.81 X3.25 lc Metals Non-Ferrous —— Fund shares Home Furnishings shares—lc 7.43 Composite Bond & Stock Fund 1954 2%s June 1, 3.76 Electrical Equipment shares lc General Industries shares—lc 1 Investment——1 Ask 99.4 l%s 99.28 4.30 Chemical Preferred I, 1, June Managed Funds— Automobile Commonwealth 2%s Feb. 9.47 11.93 16.36 com—100 0,575 1953 37.10 11.02 Securities 1, __ 10.41 37.10 Value) Asset 15.60 'Christiana 25c • (Net 1 Fund 1954 6.39 Fund Lexington Trust Fund 1 Inc Fund 5.83 1 Bonds— 8.54 1 1, 2%s 18.97 7.82 Bank Looinis Sayles Mutual Fund— 26.30 Century Shares Trust Canadian 17.39 Stks)_l 1954 2%s June 19.60 (Income Com Stocks)—! 22.41 24.38 15, Land 99.28 1953 point a 2%s 37.85 22,55 10c Invest General Canada (Quality Common Stks)_l Knickerbocker Ltd Fund S-l S-2 20.84 9.49 32nda af mora Bid Banks— Central Bank for Cooperatives— 30.02 17.96 Inc— value asset Net Broad Bullock 27.51 2.60 10.32 (Appreciation Pfd Stks)_l 8lis 2.10 Pfd 1 Inc Bowling Green 7% K-2 * America of Tr Fund Boston - Aug. 2.75s 12.22 Fund "B" Axe-Houghton or Ask 20.48 3.15 Loan Home 2.30s 26.18 18.73 Axe-Houghton Stock Fund Inc_l Axe-Houghton Fund "A" ona Mutual Volume 177 Number 5223... The Commercial and Financial Chronicle (2289) THE COURSE OF BANK CLEARINGS Week Ended May 16 Inc. or * clearings this week will show liminary figures compiled by of the based us increase compared with an a year telegraphic advices from the chief cities upon Third Pre¬ ago. $18,738,317,806 against $17,873,883,214 for the week in same 1952. At this l 685 421 — gain for the week ending Friday of 3.5%. a Our comparative summary for CLEARINGS—RETURNS BY TELEGRAPH Week Ended May 23— York New + 3.5 892,215,487 + Philadelphia 1,179,000,000 1,130,000,000 + 4.3 571,095,000 + 6.6 _ _ _ _ _ _ __ Kansas City 359,868,982 _ Francisco 1, Pittsburgh Cleveland 3,727,171 6,902,131 6,515,481 + 3,016,365 2,678,433 + 39.0 ' 8,662,030 Ten cities, 377,740,744 days five 8,536,064 1,208,327,833 ___ Reserve 1,147,654,205 all cities, Columbus + + 6.4 all cities for ends of next week. We Total (7 5,912,068 1,112,125,635 Federal Reserve 4.6 West 5.6 Virginia—Norfolk + Virginia—Huntington South 3,734,278 13,397^000 + them today, inasmuch Carolina—Charleston 6,237,964 6,288,729 302,152,642 273,040,893 107,219,036 111,116,265 587,520,565 579,584,507 4.8 of Columbia—Washington. Total cities) (6 able are May 16. to Federal an was the week in same 1952. Outside to the Federal Reserve Districts that in the New York District of increase of 0.2%, this eity there in which they totals are located and from this loss of a 1.6%. following we improvement of 4.8% an 1.4% SUMMARY Week Ended May 16— OF BANK > 2nd 3rd "_L —12 cities L ; York New i _ Philadelphia 4th Cleveland a Atlanta 7th Chicago 8th St. 9th Inc. 662,858,285 9,158,980,518 — 1,208,327,853 1,147,654,205 1,187,725,068 3.1 8,527,020,490 + 5.3 1,248,122,139 1,042,026,319 1,112,125,635 + 6.8 1,168,000,375 934,882,375 579,584,507 + 1.4 890,245,024 :' + 5.0 ! - 569,683,876 26,080,892 20,579,248 100,444,319 3.7 311,900,000 83,495,101 260,900,000 week ended 561,521,313 + 3.9 613,806,642 530,068,398 . 442,172,435 449,198,175 1.6 469,703,446 387,119,954 .. ' -A -547,142,959 567,101,870 409,106,878 418,300,089 6 988,332,365 975,814,218 17,792,488,503 17,761,283,846 9,351,448,156 8,992,372,550 detailed statement our May 16 for four 8,4 143,247,582 112,516,667 9,866,073 10,054,549 611,246 511,637 ,147,232,975 145,896,389 934,990,177 Orleans 890,245,024 cities) (10 Seventh Federal Michigan—Ann Grand Reserve * at— + Indiana—Fort Federal Reserve Wayne 132,648,363 + 5.0 872,856,907 732,762,521 Iowa—Cedar + 18.8 + 33.7 7,031,886 72,451,000 58,576,000 8,779,246 +19.6 3,479,701 3,402,290 + 103,828,476 92,252,054 5,596,116 , . Rapids 4,874,981 ; + 15.5 1,282,492 11,053,600 6,454,962 5,608,647 6,913,270 7,123,773 53,829,000 . 61,143,000 10,262,943 9,069,773 2.3 3,115,509 2,804,053 + 12.5 92,845,516 69,375,557 —12.9 5,387,415 5,200,773 33,890,255 34,371,818 17,340,110 14,377,623 1.9 1,238,522 V 1,226339 7.0 993,039,744 801,688,691 Q.9 3,730,122 3,491,342 1.1 13,248,725 13,271,659 8,279,059 + 22.8 7,446,989 6.021.791 5,021,219 4,450,056 + 12.8 3,748,052 3.526.792 1,339,371,643 1,237,900,007 8.2 1,268,112,562 1,050,637,628 34,346,086 Illinois—Bloomington 35,292,239 15,192,491 ,•„• City 16,651,082 1,510,363 951,736,315 4,232,701 4,271,784 16,231,750 10,165,901 Decatur 1,539,525 1,018,574,029 Chicago .16,059,306 j Peoria Total 1,940,749 13,680,679 . + 23.7 10,497,453 Moines Sioux + 20.0 8,^67,170 _ Wisconsin—Milwaukee Des 2,131,034 13,484,845 _ Haute (17 cities) — — + — + + 2.7 ... 8.8 — Eighth Federal Reserve District—St. Louis— Missouri—St. Louis 305,800,000 Kentucky—Louisville Tennessee—Memphis Illinois—Quincy Total (4 —, " 317,300,000 3.6 342,800,000 296,900,000 166,606,065 ^ ,148,188,223 + 12.4 150,722,984 129,756,755 93,401,037 + 16.1 117,740,500 101,093,591 108,471,467 , , cities) ; — . 2,632,053 + + 3.9 > 0.1 561,521,313 2,634,788 , 583,512,320 ■ ■ 2,543,158 - 2,318,052 613,806,642 530,068,398 7,271,447 7,278,198 Minneapolis 295,967,195 301,653,003 St. 110,408,762 111,129,006 Paul North Dakota—Fargo South Dakota—Aberdeen 1,059,319,824 834,494,620 0.2 17,443,414,586 14,844,123,141 + 4.0 9,264,687,392 2,184,077 3,218,125 + 5,966,807 545,344,474 — 1 $ 1950 $ 8.8 2,096,297 1,514,770 7.6 4,588.973 4,132,101 Worcester Connecticut—Hartford • — il _ Island—Providence 2,356,920 + 36.5 2,165,509 1,912,215 1,147,911 + 3.9 1,177,019 2,578,423 + 45.3 2,525,576 11,792,673 9,639.939 8,801,184 32,988,736 Hampshire—Manchester 15,191,684 34,858.000 — 32,713,300 2,007,046 1,792,096 694,527,336 cities) 5,880,617 318,518,840 263,140,137 0.7 118,245,044 96,470,197 6.6 7,630,910 8,170,067 — 7,011,960 6,155,528 4,286,477 —12.0 3,858,183 3,396,982 4,623,128 + 6.8 3,945,193 3,265,645 12,185,446 12,058,296 + 1.1 10,994,727 8,810,848 442,172,465 449,198,175 1.6 469,703,446 387,119,954 Helena Total cities) (7 Tenth Federal Reserve District—Kansas Kansas—Topeka 1,140,105 820,564 912,892 + 15.2 151,544,545 21,396,034 7,746,136 20,355,353 340,888,312 11,801,778 " 3,901,156 357,157,551 11,755,179 3,944,005 4,017,960 3,582,913 8,939,296 City Joseph — - Colorado—Colorado Springs Pueblo 652,300 + 24.9 712,381 9,390,915 144,302,050 Omaha St. City— 9,935,764 •«. + — 456,144 -• 8,014,320 7,232,103 4.8 155,603,358 122,951,238 8,887,477 + 15.4 + — + 588,884 665,635 5.8 7,612,530 16,550,216 12,470,338 4.6 345,750,328 322,610,552 0.4 12,787,341 10,500,922 5.1 , 1.1 3,695,726 2,375,665 + 12.1 3,038,829 2,619,151 3.5 555,645,530 489,417,521 — 2,209,863 15,365,083 , 7,129,499 1.9 945,273 + + 11.0 11,173,867 9,324,430 8,266,513 6,464,411 ' i. i 506,446,776 32,852,604 — 551,642,588 13,066,714 Bedford 4.6 3,747,687 — 0.1 4,936,965 Wichita 2,377,032 — <7,718,663,751 1951 ' — — 3,771,740 1 Montana—Billings Hastings Lincpln or Dec. % $ < 5,510,739 — District—Minneapolis— 356,714,308 . + Inc. 1952 1,192,449 (12 Reserve Nebraska—Fremont 570,671,838 — Haven Federal Minnesota—Duluth Missouri—Kansas River Total 137,829,191 9,198,904 489,417,521 District—Boston— Springfield > 427,443 0.9 2,557,926 Bend Terre 6,884,602 396,795 + 16,018,164 Indianapolis South 8,092,283 .. 3,538,913 + 19.5 11,190,498 Lansing 555,645,530 showing the figures for each city for the 1953 , Lowell New 1.9 — - District—Chicago— Arbor Rapids 423,911,634 years: Maine—Bangor New 4,780,152 + - Massachusetts—Boston Rhode 7,220,000 148,092,804 2.2 1.3 + J 1 $ New 9.4 — 160,546,072 1 3.5 — " _iio add ■ i Week Ended May 16 Fall 8,205,811 + 14.6 106,992,032 Ninth 8.2 '* ' now 'Portland 478,942,480 .. 4,474,020 1,050,637,628 + 583,512,320 .112 cities ..first 96,334,006 569,683,876 1.4 + '732,762,521 1,237,900,007 10 Total Clearings 110,349,950 478,942,480 872,856,907 1,268,112,562 " 1,339,371,643 Outside 'New York City_-i—_ We 280,495,839 3.5 3.3 ■ 7 — — ' 7,401,630,330 n Francisco t 605,426,687 934,990,177 » 4 "T Kansas City 1 $ 667,231,170 <« —17 . 11th Dallas f 5,578,435 + 10.7 — It Louis San 1950 $ 4.8 + . 12th 0.8 — 133,171,825 : 587,520,565 -u -10 — Minneapolis 10th 12,562,000 127,325,776 3,599,018 236,177,029 + Rockford 1951 or Dec. % $ 694,527,336 - 6 . 2,944,651 16,905,000 153,083,330 " - Richmond 6th 3,271,322 9.5 9.2 9.6 Total de¬ II 7 5th 4.5 — 4.9 • 8,870,558,834 —11 „ 934,882,375 + Louisiana—New a "U __I2 1,168,000,375 + 22,468,289 7,433,369 • - 6.8 CLEARINGS $ 1st Boston + 5,150,619 + 2.2%, but in the San Francisco 1952 1953 7,769,729 321,677,257 100,822,014 Mississippi—Vicksburg and by Federal Reserve Districts: a summary 379,678,753 306,600,000 - Mobile in the and In the Kansas City Reserve District there is furnish 2.1 25,758,003 104,157,954 Springfield In the + 39,044,600 Alabama—Birmingham note we The Chicago Reserve District has to its credit increase of 1.3%. an 11,305,868 4,899,765 - Reserve District there is 0.1 + 11.9 142,693,766 In the Cleveland Reserve District the of 3.5% and in the Dallas Reserve District of crease + 67.4 — 5,142,194 gain of 8.2% and the St. Louis Reserve District of 3.9% but the Minneapolis Reserve District suffers 340,947,383 156,442,291 decline of 3.1%, a larger by 6.8%, in the Richmond Reserve District by are Atlanta Reserve District by 5.0%. 14,924,645 478,011,146 44,751,300 6,127,001 gain of 4.0%, the bank a (including this city) the totals show Philadelphia Reserve District of 5.3%. 205,3^8,142 8.0 317,800,000 ___ 2 Augusta We group the cities according bat in the; Boston Reserve District the totals record in the 9,820,025 238,306,282 2.9 + Florida—Jacksonville present further below, we the aggregate of clearings was decrease of 3.7%. a 1,042,026,319 District—Atlanta— Nashville for the whole country having amounted to $17,792,488,503 against $17,761,283,846 in clearings at this center showing Reserve Georgia—Atlanta give final and complete results of the previous week—week ended For that week there 1,248,122,130 appear Macon In the elaborate detailed statement, however, which we 8,913,855 5.3 + 9,491,265 the week as has to be estimated. cases 164,901,756 District 5.6 Accordingly, in the above the last day of the week in all ! II,257,075 3,908,730 20,328,134 149,779,645 Maryland—Baltimore 4.8 + not available at time of going to press. are 6,144,172 11,789,940 District—Richmond— Tennessee—Knoxvllle Saturday, and the Saturday figures 43,532,300 1,187,725,038 cities) + furnish cannot 5,051,674 6.0 + 15.6 — 5.7 Sixth issue our 5,625,376 2,782,013 + 10.3 11,648,990 375,569,146 Pennsylvania—Pittsburgh Complete and exact details for the week covered by the foregoing will in 3,077,859 + 8,369,550 9,896,263 + $18,738,317,806 $17,873,883,214 _ 6,698,100 + 10.8 $18,023,972,326 $17,197,250,915 week 3,186,912 5.9 + 12.6 447,210,970 11,642,489 383,367,334 + 10.1 274,042,068 676,632,299 Total 1,000,000,000 3,898,604 219,882,611 48,715,700 Youngstown 3,383,161,495 —— 3,656,621 1,197,000,000 483,004,549 _ Mansfield 460,085,859 ; days five 4,376,238 5.0 3.6 + — 8,611,706 242,487,027 ; Richmond Total 6.2 + 1,191,097 District—Cleveland— ; —: $14,452,244,926 $13,814,089,420 ._ 13,063,563 9,867,701 cities) Federal Cleveland 8.4 303,589,999 _ cities, five days— 6,230,392 12,233,473 Cincinnati Fifth Other (11 Fourth 2.5 + 506,414,247 _______ Baltimore + 498,639,957 _ _ 1,113,909 4,660,556 ' Ohio—Canton 309,800,000 _ Louis St. San 1,013,606 1,246,400 8.2 608,732,411 ___ I,325,961 1,307,781 + 26.6 % $8,940,601,323 ________ Chicago Boston 1952 + 15.0 1,098,000,000 Jetsey—Trenton Total 1953 + 29.8 3,593,991 Delaware—Wilmington New 1,298,099 1,367,815 4,947,857 Wilkes-Barre the week follows: $ 1,576,631 1,153,000,000 Philadelphia Reading York there is 1959 $ 1,995,258 Scranton center 1951 Dec, % 1,573.586 Bethlehem Chester Our preliminary total stands $ District—Philadelphia- Lancaster cities of the United States for which it is possible to obtain weekly clearings will be at Reserve Pennsylvania— Altoona country, indicate that for the week ended Saturday, May 23, clearings for all 4.8% above those of the corresponding week last year. Federal 1952 $ Bank 1953 45 662,8^8,285 + — !'+ ' 9.5 0.4 Reserve 8,827,645 342,501,853 14,709,346 i.i 6.6 27,989,012 12,417,726 Galveston i 34,078,300 30,433,100 Wichita Falls 1,625,207 4.8 667,231,170 Fort 7,129,090 8,400,670 351,643,316 34,308,502 6,460,000 — — + — — 11,108,107 + 409,106,878 418,300,089 5.1 8,720,978 8,557,698 2.6 353,529,263 298,547,798 7.8 34,161,551 28,198,506 10.4 9,556,000 5,587,000 2.5 5,757,867 5,381,934 + 15.2 12,185,975 10,441,372 2.2 423,911,634 356,714,308 —11.3 174,348,187 — 6,222,152 cities)— (6 567,101,870 12,797,100 Louisiana—Shreveport Total ' 31,629,128 Worth 605,426,687 1,637,010 1 District—Dallas— Texas—Austin 33,181,975 + 12.0 + Federal Eleventh 547,142,959 Cities)— (10 Dallas * + Total — ' ■ i % • Second New Federal Reserve District—New York—Albany— Binghamton 29,994,018 15,928,483 4,706,995 —14.3 3,554,517 3,433,226 1 „__ i Syracuse ' 3.036,046 2,522,274 8,768,?fl,296 29,631,466 _ 114,300.327 8,441,040,347 : 2,852.685 2,242,292 York 29,640,800 8.3 113,955,642 93,792,470 6.1 2,303,349 2,001,387 —11.1 2,774,874 2.409,585 3.7 8,178,727,194 7,125,459,390 0.1 28,385,852 23,066,474 + — — — 19,598.645 Connecticut—Stamford .— Jersev—Montclair 17,027,051 + 15.1 20,114,299 18,396.210 + a 19,958,517 • 15,613,547 (12 Jersey 61,347,169 — _ cities) 54,349,466 70,544.506 71,322,042 8,870,558,864 9,158,980,518 Reserve District—San Franeiseo— 153,460,496 123,611,998 8.0 3,733,940 3,321,669 + 3.0 179,931,925 166,780,839 + 7.8 73,496,626 66,308,408 — Utah—Salt California—Long 988,332,365 Beach Pasadena San Francisco. San Jose : + 1.3 1,059,319,824 834,494,620 17,761,283,846 + 0.2 17,443,414,586 14,844,123,141 8,992,372,550 + 4.0 9,264,687,392 7,718,663,751 18,811,574 5,265,4 70 Barbara Stockton 975,814,218 9,351,448,156 ; 14,074,421 491,717,712 15,508,135 5,731,042 11,241,064 17,792,488,503 City 168,290,829 71,412,107 19,916,003 10,510,457 Lake 4,834,667 173,317,150 76,956,719 20,650,729 16,996,330 507,916,537 Oregon—Portland Santa 173,088,238 4,446,903 Yakima _ + 3.7 20,133,550 16,423,482 + 20.8 12,442,592 11,374,610 3.3 564,560,726 420,714,778 15,141,965 11,716,677 + + 21.3 — — 8.1 4,498,463 4,357,871 6.5 11,031,850 9,884,288 14,813,561 16,727,943 9.3 a Federal Washington—Seattle a Total 801,972 Grand I — Northern New Total + 27.6 123,766,318 J:. Rochester v Twelfth 74,759,011 - Jamestown "Newark"' W York— 4,034,368 _ Elmira New .C 95,336,769 , Buffalo New . + 12.9 62,160,257 68,478,327 59,370,214 3.1 8,527,020,490 7,401,630,330 Total cities) (112 - cities) 44,940,021 1.1 (10 — — Outside a New Now York included^in — Newark, N. J. '(>> The Commercial and Financial Chronicle... Monday, May 25, 1953 (2290) 46 Company and Issue— Foreign Exchange Rales Florida Gas Power & Service Date Light Co., .4.90% Page 1901 May 31 pfd. stock cum. Jun 1 1901 City Southern Ry.— 1st mtge. 30-year 4% bds., series A, due Oct. 1, 1975_Jun 1st mtge. 20-yr. 3%% bds.. ser. B, due June 1, 1968-Jun 4 2003 4 20"b3 Co., 1st 3%% mtge. bonds, 1971 due Kansas of 1930, the Federal Reserve Bank the Secretary of the Treasury the buying rate for cable transfers on the different world. We give below a record for the week just passed: of Section 522 of the Tariff Act Pursuant to the requirement certifies daily to the of countries MAY 1953 TO 15, $ Argentina peso— 1 1 2011 1903 1 1905 1 2012 1906 1302 1907 1908 ,200000* .133333* .133333* .0719820* 0719820* Aircraft & .0544060 .0544060 .0544060 .0544060 Florida ,0544060 Foote Power .0228719 .0223090 .0224709 .325866 .325666 .325666 .325833 .325933 1.003437 1.004687 1.005820 1.005312 1.002187 .210400 .210450 .210400 .210400 .210400 dollar Niagara .00435401* .00435401* .00435401* Penn .00435401" .00435401* .00285625 .00285625 .00285625 Finland, Markka (Metropolitan), franc .210433 .210466 .210433 2.815000 2.815312 2.814375 .115606 .115606 .115606 United .263400 .263400 .263400 2.787231 2.787334 2.786509 .496766" .496766' .0349062 .0349050 .0349000 .193233" .193233* .233250 .233300 2.804586 2.804690 2.803860- 2.815133 2.815234 2.814375 2.814453 2.814343 $5 preferred .658327*+ .658327*+ .658327*+ .561797*+ ,561797*t .561797*+ Keystone .561797*+ .425531*t .425531*+ .425531*+ .531914*+ .531914*+ .531914*t .531914*+ .336766* .336766* .337650* .336766* .337650" rate) dividend prior the St. Louis District and Federal Reserve Banks Gombined dollars) Inc. (+) or dec. (—) since 20,635.602 fund Redemption for F. — 2,501 748,196 + 950 + 5.598 331,943 Other cash and Industrial loans 3,627 — 722,863 — 5,510 — . 733,980 529,815 advances. 59,785 + 3,451 + — Discounts 782,648 — R. 21,333,793 notes 1952 1953 1953 certifl* Gold May 21, May 13, 36 31,209 + 1,649 — U. 6. Govt, securities: Bought outright— 599,754 Bills. ■ Hh 40,000 — 4.995,716 + 13,773,671 6,533,090 8,205,598 613,848 — 4.521,975 . 549,754 + (I. Creamery, 60c under Held + 40,000 + Kress May 13, 30,800 + 23,921,916 + ... 2,400 42,400 + 30,800 + 4V2% Total Due loans from and securities- 1,668,774 691,616 24,455,358 :;5 foreign banks < JF. notes R. 148,203 banks— iBank + + 49,927 other 4,118,903 + 230,374 of Uncollected cash items + premises assets Other ' 5,095 387 loans Other 557,242* 50,718,529 Total assets + 1,133,756 46,432* + 1,210,460 Real U. Deposits: Member bank—reserve accts. 19,824.214 — 144,703 — Foreign 584,167 — Other 286,374 — U. S. Treasurer—gen. acct._ deposits 20,839,458 Deferred availability cash Items 3,286,478 itab. and accrued liabilities Total 49,680,906 Capital Accounts— V Uapltal paid in_" (Section + estate 7% + 79,488 + — 336,000 2,637 115 564,432* 45,193 + Other with — — 14,306 46,334 27,543 167,726 JBatio — ; of ,uer»es note 50.718,529 557,242* + domestic banks - purchased + 39 + 98 — + 85 + 2,365 +57 — Lea Foreign — — — — 9,852 banks + 1,276 1,258 banks — + 0.5% 267 Lee 32,703 «, Industrial loan, commitments— 2,710 202 Leslie 6 9 347 — 26 — 91 Below will be found a 13 136 + + 54 304 member banks of the Federal Reserve System in leading cities shows the following principal changes for the week ended May 13: Decreases of $179 million in loans to banks, $145 million in holdings of United States Govern¬ ment securities, and $347 million in United States Gov¬ ernment deposits, and an increase of $136 million in bor¬ NOTICE OF St. Transportation Co.— 3%-6% bds., ser. A, due Jan. Philadelphia Consol. mtge. ...... - $59 million. "Other loans" increased $28 million. Holdings of Treasury bills decreased $30 million in . 1 5- 6- 1 5-11 1 5-11 5-28 5- 8 5-28 5- 8' 7- 1 6-10 7- 1 6-10 6- 5 5-20 6- 1 5-13 50c 50c (quar.). 30c Libby 5-13 6-10 5-29 25c (s-a)_ 5- 6-15 50c (quar.) 6- 1 40c (quar.) Co. 6- 1 6- 1 : Greenville' (S. 25c 40c (quar.)_. Corp. Tobacco Co. (quar.) Life Insurance Co. Indiana) 4-20 , preferred 4-20 Oil Co. Corp. RR., 1~ ___ 6-12 6-12 * 1 6- 1 V' 5- 4 '6-16 5-29 20c (quar.)—— Ltd. (interim) original $1.10 . ,5-29 5- 8 1 5-r3 6- 1 6-1$ — 6- 6-12 .. 6-10 • $1,10 Special guaranteed Special ' guaranteed Groceterias 50c. ; 8-20 11-19. r- V_______ (quar.) (quar.) 50c 12-10 3-10-54 .6-10 -• 1 5-21'i 9-10.. $1.10 guaranteed- (quar.) guaranteed (quar.) 5-21 : ; e- 35c $3c : ~ Special Special 5-29 6- ~.87yac. Mines, 5-29 .. ' 20c 50c common 10-24 60c. % r. — — 7-24 11-1 - Miami 5-13 8- 37y2c > preferred (quar.) Lac Gold .5-1 6-1 30c (quar.).s__. Corp., 6-23 25c common (quar.) Carbonic 1 6-1 . $1 25c (quar.j Ine. 7- (Fort (quax.t Corp., 8 C.)— - ,v 1 62y2c 2-18 .5-21 > " 9-10 8-20 60c 12-10 -11-19 50c ± — 3-10-54. 2-18 • : '. 1 1 6- 1 5- 6- 1 5- £ llttc class A 6- 25c Ltd., ' 6- *37y2c Co., *37r/2c 25c B 6- 1 5- 8 Inc. • Finance Preferred Corp. 5- 5 5-5 1 I.) — (R. (quar.) ; , Joint $1 (monthly). ; ___ 5-30 $1 6-30 $1 Pipe Co., common Common (monthly! Date 6- 6- $1.10. Lock Company and Issue— 5-15 25c (quar.) Myers Little Long Local . 5-15 5-29 37V2c (quar.)_ .. 1 2 6- $1 2003 1, 2039-Jun 12 6- , 25c . Cement & Stores; Loblaw, Louis Ry.— Louis division, 1st collateral trust mortgage bonds_May 26 5—20 6-15 $20c (quar.) common Pag# Date 6-15 25c . (quar.)—: . 5 5-15 5c (quar.)_ Service Loblaw TENDER 8- 11- 3 11-15 50c (quar.) Lion PARTIAL REDEMPTION Commercial, industrial, and agricultural loans de¬ creased $93 million in New York City, and they increased $13 million in Chicago and $11 million in the San Fran¬ cisco District; there was a net decrease of $56 million at all reporting member banks. Loans to brokers and dealers for purchasing or carrying securities decreased Inc., Link-Belt Co. Little 8-15 . %> 6- .1 35c (quar.) .J list of corporate bonds, notes, 5-18 25c (quar.) National Class rowings. & Liquid 2 6-19 6-. 1 25C (quar.) 6- 1 , Savers Lincoln ing tenders, and the page number gives the-location. In the current volume (except where indicated) in which the details were given in the "Chronicle." • / - 12-15 6-10 7- 40C McNeil Lionel Company and Issue— Cleveland, Cincinnati, Chicago & St. 12-31 30c 10c Works (quar.) Sons & Co. Wayne, and common stocks called for redemption, those called under sinking fund provisions. The date indicates the redemption or last date for mak¬ The condition statement of weekly reporting Co. Salt Lincoln preferred including Condition Statement of Member Banks 12-13 50c D.) Liggett ' * 9-15 12-31 25c Liberty Life Insurance Quarterly Life 9-15 9-30 15c Dye G.) Portland 3'/2 % 1 \ 6-15 9-30 Special 684 1,337 1,407 + + 3,496 50 6-15 6-30 62»/2C (Mo.) common (James) Lehigh Notices 24,612 6-30 15c (quar.) Co. preferred (H. Lees 5-15 15c common. (quar.) Inc. (quar.) Co., $2.50 1,206 319 .281 46 110 Redemption Galls and Sinking Fund for foreign *May 13 figures revised. & Lincoln 2.3% 7 4-24 5-15 15c Co., & (R. Fabrics, $1.50 :v46.1%+ 5- 1 Year-end Libby 53,346 18,280 1,718 7 1 6- (quar.) preferred Leath 1,133,756 Ooattagent liability on accept¬ correspondents — + — deposits adjusted Time deposits except government U. 8. Government deposits Interbank demand deposits: gold certificate reto-deposit and F. R. liabilities combined-— ances 1,935 1,818 — Borrowings Total liabilities 8c cap. accts. — — Tourneau $4 Liabilities- Domestic + 2,814 14,578 Banks 5- 6- J6C Llbbey-Owens-Ford Glass Co. 024 7,091* — Le 1,626 977 Reserve ;. Demand 99 — 1 Machine Co. (quar.) Laura Secord Candy Shops (quar.) 108 + 29 50 31 35 7,506 Federal with Balances 462 + — 28 — 6- — Monotype 13 1,510 1,961 5,700 t40c J $1.75 , 1__ Lanston 179 145 6- Ltd.— Co. Stamping Bleachery 6-15 6- (quar.) Lansing Lanett securities Cash in vault Lane-Wells 2 $1.25 Inc. Inc. 133 9-23 12-23 15c Co. 123 6-2S v 60c ; + 7- $25c . Bryant, 7-10 10-10 1-11-54 15c H.), Machine 6-12 5-20 10c (quar.) — 6 Indebtedness— bonds Reserves 1,064,292 584.676 13b) Other capital accounts S. U. of (M. 6-15 6-12 10c __■ Sessions & 6-19 10c Ltd Quarterly , — 1 ; preferred Landis 29,040 7- (quar.) Milling, (quar.) Lane _ 50c 10c Mines, B 2,209 notes Treasury 11,920 484,805 bills certificates Treasury 239,610 securities—total— 7-15 University- Woods Class Lamson + 19,869 Government 6-15 1 $5c Inc. (quar.) 56 + 1 (s-a)___________ (quar.) (quar.) — — 78- (quar.)_ B 5-11 $1.50 — A 1 $1.75 . (Alfred), Inc., class A Class 6- 40c (quar.) (quar.) Co. A Lams ton " + 12-23 B 4,199 374 9-24 12-30 Class + 7,812 9-30 $1.12 V2 /Class "247 6,227 $1.12 % (quar.) ; Class 5-21 6-24 (quar.) Ltd. Gold 5-15 1 (quar.)— (quar.) preferred (quar.) Lamaque 6- 6-30 $1.12 y2 2 A common Common — loans-— (quar.)— „. the 39,872 loans S. of 6-10 50c 75c preferred A (quar.) preferred (quar.)_. 5% 1952 59 5-15 Common $2.50 + 6- 5-15 (John), Ltd. Lake Superior District Power Co.— Lake 5-29 5-29 Labatt : 5-11 5-25 Quarterly 1,652 — 9 5 6-13 Quarterly Quarterly 4,147 1,574 9 6- 6- A Extension + securities— purchasing or carrying 6- 6-25 55c Saile + banks to Treasury 302,308 >. . 257,678 Surplus (Section 7) (Surplus 33,5,16 33,382* 20,177 dlvs. — — 484,733 Total (Other 88,271 283,458 for 6-25 (quar.) (B.) Mines, 245 pur- 35c $1.25 15c Luz 429 802 Loans 25,534,793 for 5-15 10c La agricultural dealers 2 6-15 (quar.) France Industries, — carrying or loans Other — and brokers to 6- 10c common La — securities Liabilities— Faderal Reserve Notes and — chasing 34,539 9,379* industrial, Commercial, %Loans — 8 6-30 6-12 La 23,083 —— 5- 20c 5-15 25c preferred preferred Kuppenheimer 39,263 Loans—gross 160,750. 1st 2nd 75.809 Loans—net "7,024 3,465 114,595* Investments—total and Loans 6-15 1 (quar.) 4'/2% preferred 6% May 14, 1953 1 6- (quar.) 6 Co. Co. & Company, 7% (In millions of dollars) Assets— . 1,639,214 H.) preferred 4V'2% Kroger since May 6, 1953 7- 15c (quar.) Mfg., Lambert dec. (—) repurchase Agreement IS. Kroehler ber banks follows: 1,608,414 50C Koehring Co. (quar.) Kresge (S. S.) Co. (quar.) Inc. (+) or 23,891,116 preferred 6-23 12-24 6- — (quar.) Rubber B.) 6-30 12-30 40c (quar.) : preferred Knudson $29 million in Chicago, and in¬ million in New York City; there was a net decrease of $29 million at all reporting member banks. Holdings of Treasury certificates of indebtedness de¬ creased $25 million in the Boston District and a total of $50 million at all reporting member banks. Holdings of Treasury notes and of United States Government bonds decreased $31 million and $35 million, respectively. Holdings of "other securities" decreased $39 million. Demand deposits adjusted decreased in five districts and increased in the others, resulting in a net decrease of only $6 million; the principal changes were decreases of $63 million each in New York City and in the Boston District, and an increase of $56 million in the Chicago District outside of Chicago. United States Government deposits decreased in all districts. Borrowings increased $76 million in New York City and $45 million in the San Francisco District. A summary of assets and liabilities of reporting mem¬ creased $40 $2.50 (s-a)__ 5% Co. Kingston Products Corp. (s-a) Kinney (G. R.), Inc., common Stock Holder9 Payable of Bee, S2.50 Wire & (Walter) & Co. (quar.) Kings County Lighting Co. (quar.) Kingsport Press, Inc type of Merchandise. Statement of Condition of the Twelve Assets- * When Share (s-a> Steel Kleinert May 20, 1682 1 this issue. Kidde .425531*t .531914"+ of Jun stock A preferred stock conv. Keystone Pipe & Supply Co., $5 pfd. .658327"+ .425531"+ thousands class Corp., 5% Name of Company $5 (In • 1903 Per .233200 .233250 .658327"t upon • 1 1 Jun 30 .193233* .193233* .561797"t (free Page 1 preferred stock.July (Continued from page 12) 2.803963 2.804483 tApplicatlon depends Power Inc., .0349050 .233300 Uruguay, peso peso conv. .496766* .0349100 peso •Nominal. ser. Dividends .140154" .496766" .193233" peso Uruguay, Co., .140154* .140154" .140154* peso Uruguay, Mohawk Fruit •Announcement in .496766" pound Date 4.90% 2.786612 peso Kingdom, pound sterling Uruguay, Uruguay, Corp., Gear & .263400 .263400 krona Sweden, Bros. .115606 2.787128 Switzerland, franc Union of South Africa, 1 Jun 2.814479 .115606 .140154" Norway, krone Philippine Islands, Portugal, escudo 1958 CALLED Machine Corp.— Convertible cumulative preferred stock, $10 par value_Aug Louisiana Power & Light Co., $6 preferred stock Jun .210433 .210333 2.814895 Dominion of, rupee India, Ireland, pound Mexico, peso Netherlands, guilder New Zealand, pound bonds, due ISSUE .00285625 .00235625 — rupee France, 3% Company and Issue— .0221445 Malayan dollar— Malaysia, preferred conv. ENTIRE .0200125 .0224359 British 1 stock—Jun 24 cumulative preferred stock—Jun 1 Corp., 5% Co., Inc., 1st mtge. .0200125 .0200125 Free Canada, I960— cumulative preferred stock—_Jun cumulative Aircraft .0200125 ■ Ceylon, due June 1, Oil Co., United .0200062 Belgium, franc Brazil, cruziero— Basic f. bonds, s. 1961—_Jun 1, 2.242612 2.242529 2.243193 2.243110 stock preference 15 yr. 3%% Western Wilson .0719820* .0719820" mortgage 3'/2% Solar .133333* .133333* partic. Sherwin-Williams Co., 4% % .200000* .200000* .200000* 2.243027 May 21 -V-1' $ .0179820" pound Australia, May 20 .133333" Preferential Jun s. f. debs., due June 1, 1966_Jun Corp.— 15-year 3»/2% s. f. debs., due June 1, 1964_! Jun Republic Steel Corp.— 3% 1st mtge. s. f. bonds, due 1965—— Jun $3.25 Co.— bds., series A, due Dec. Glass Sand Corp.— Mission Corp., Pacific Thursday Wednesday May 19 .200000" Basic 2011 Corp., Gas Pennsylvania United Btatea Money) Tuesday May IK ' * 1 1st Transfer# In New York (Value In Monday Friday May 15 Jun 19 1953, INCLUSIVE MAY 21, Noon Buying Rate lor Cable Unit Shore 1st mortgage 4y<% _____ Country and Monetary Textile North 1930 TREASURY UNDER TARIFF ACT OF BY FEDERAL RESERVE BANK TO RATES CERTIFIED EXCHANGE FOREIGN Metal 7- 5-20 6-2Q ' Page -8% preferred (quar.) 0-20 1 " 8% 8% Bethlehem Foundry & Machine Co.— ' mtge. bonds, due 1964 Jun 15 Chesapeake & Ohio Ry.— Ref. & imp. mtge. 37/s% bds., ser. H. due Dec. l,1973_Jun 1 Chicago Yellow Cab Co., Inc., common stock May 29 6% 1st Eastern 1st 500 New mtge. Fifth Florida 1898 (formerly 2nd) York 3 V4 % Avenue, Power Corp.— s.f. bonds, Inc., Power Corp., 1st due mtge. . 1961 leasehold Jun bonds—Jun preferred preferred Lockheed Aircraft 1 9-21 $1 1-2-54 12-22 .37y2C .6-13 $1 (quar.) (quar.) Corp.— 10- • 5-23 1798 1899 Lone Star 4.75% Gas conv. Co., common preferred 35c (quar.) (initial) 6- 8 $1.42Va __ 76c .6-1 •' 9-15 5-25 8-21 . 1 1 2007 Long-Bell Lumber Corp. 1900 cumulative preferred Stock 4.90 %-May 31 , 1799., . (Md.) class A pay- ment consists of two quarterly dividends of 38c each £or the March and June periods-... . ,.r 5- 7 ■ Number 5223 Volume 177 *' \ redemption for June on 1 5- 1 4 5-25 5-29 Morrison-Knudsen 1 6-12 5- 6-26 6-12 10c 6-26 6-12 4preferred (quar.)_—— Lowney (Walter M.) Co., Ltd. <quar.)_____ Ludlow Mfg. & Sales Co. (quar.) Luminator-Harrison, Inc. (quar.) $1.06 *25c 65c 17%c 25c 15c 62%c 62 %c t2c $1.43% 25c t5c 25c 25c $5c 15c 37 %c 7- 6-12 Extra — Lynch Corp. (quar.) Lyon Metal Products, common (quar.)___— 5% preferred iquar.) 5% preferred iquar.) Macassa Mines, Ltd Macco; Corp., 5%%. preferred (quar.)—__— Mackintosh-Hemphill Co. (quar.) Macleod Cockshutt Gold Mines, Ltd— • Macmiilan Co., Magic Chef, <R. —— Gold Inc. Magnavox Co. Mahon —___ (quar.) Lake Red (quar.) common Macwhyte Co. Madsen Mines, Ltd.- tquar.)__: — (quar.) C.) Central RR., pfd. 5% Maine Public Service Co., (accum.) (increased) com. preferred (P. R.) Co. (quar.)— (quar.) Co. Realization — (s-a) Semi-annual — Corp., ' (quar.) Marmon-Herrington Co., Marshall Wells Inc. Corp. Harris Master Electric Mathews 4%% Ltd. Co. Chemical McCord $2.50 Mfg. — (quar.) — (quar.) Co. (quar.) (quar.) common preferred Melville Shoe Cement Stores Co. Co. (quar.)__ A iquar.) Assurance Fire Corp., new common.-. preferred (quar.)— Metals Disintegrating, common } 4%% pfd; 1 11-15 National Casket National City (quar.) (quar.)— (quar.) 6-10 5-29 National 6- 1 6- 1 6- 1 6- 1 6- 1 7- 1 5-30 5-28 6-30 6-10 6-11 6- 1 6- 1 6-11 6-12 6- 1 6- 1 5- National 7- 1 6-19 6- 1 6-15 5-15 6% 5-20 5% 75c 95c 96Vic 97%c 6-16 . — National Class A 6- 2 Class J 3 8 Hone Mid-Continental Extra Corp. (quar.)_ Petroleum Corp. 25c 75c 50c $1 conv. pfd. (quar.) _ Products, common (quar.)— $2- non-cum. preferred (quar.)—— 8% preferred (quar.) — Mid-West Abrasive Co. (quar.) ...»—Midland Oil Corp., Midland Steel Oil Midwest convertible $1.50 Miles Laboratories 10c 35c New Jersey New York Air Brake 5-21 5-25 5-15 5"1® , 6- 1 6-12 6-12 6-12 5-15 5-25 *5©c r ; 50c 93%c 25c 25c $1 — — • ' 55c $1.25 50c 50c 15c 15c $1.15 50c 2%c B Missouri-Kansas-Texas, 7% pfd. 5-29 5-29 5-29 6-15 6-15 6-30 6c —_ Canada. Ltd.— Minneapolis-Honeywell Regulator Co.— Common (quar.) 3:75% preferred '1 (quar.) ________ Minneapolis & St. Louis Ry. (quar.)—__ Minnesota Mining & Mfg. Co., com. (quar.) $4 preferred (quar.) ____—______ Minnesota Power A Light Co., com. (quar.) 5% preferred (quar.) _____ Mission Development Co Mississippi Glass Co., common (quar.)_ 4% preferred (quar.) 4% preferred (quar.)__ Mississippi Power, 4.60% pfd. (quar.) Missouri,. Kansas Pipe Line Co., common $1.25 (accum.) 6-10 ' 6- 30c (quar.)_^ 5% preferred Mitchell 1 ' 6-12 6-12 6-12 6- 1 7- 1 6-15 6-26 7- 1 5-20 5-20 6- 2 5-23 5-23 6-15 5-15 6-16 6-1* 9-19 6-15 5-29 10- 1 7- 1 6-16 Class B Monarch Monarch 11-16 50c 6-10 5-22 Ltd., class A (quar.) *20c (quar)^—:—*20c 6-25 6-25 6- 5 6- 5 6-1 5-21 Mills, Machine Mills- Inc Tool .____ Co.-. 30c (quar.) ' ^ 5%% pfd. Monsanto Chemical Co., common (quar.)___ 5-30 5-23 6- 1 5-27 — 6-1 6- 1 5-9 96%c (quar.) 2nd preferred (quar.) $1.50 34%c G2%c (quar.) preferred series C iquar.)__ Montana Flour M,lls, common 7% 5-15 12-15 Monroe Loan Society, $3.85 1 *50c Brewery, 5- 1 8- 6- 5 9- 4 1-2-54 12- 4 2 6- 5 River Shore 5-15 Peninsular prior 40c $1.75 6-10 6-10 6- 1 6- 1 5-9 1 p. — (quar.) (quar.) (quar.) 6% 7-25 33c 8-15 7-25 32%c 8-15 7-25 11-15 10-24 40c 6-15 7-31 5% 5-14 The above 5-29 Penn 5-29- 6-15 6-13 6- 1 6-10 6- . v. 5-20 5-15 1 7- 1 6- 5 is issue 7- 1 6- 5 7- 1 6- 5 called for 6-15 9 *$1.25 6- 1 5- 9 5-21 5-9 6- 1 5- 9 (qua,.) $1.01 6- 1 5- 9 iquar.) $1.17% 6- 1 5- 9 $1.12% 6- 1 5- 9 Water, $7 pfd. (quar.)_ Peoples Drug Stores, Inc. iquar.) Peoples Gas Light & Coke (quar.) Peoples Telephone Corp. (Butler, Pa.) — 3.70% preferred 50c preferred series D preferred series E 4.50% preferred B (quar.) Common 4%% 1 6-15 Perfect 5-15 Permutit 6-30 .6-,12 Circle Co. Co. 6-12 Peter 6-12 Petroleum 97 %c 6-30 6-12 Pfaudler 6-30 6-12 Pfizer Inc. Paul, Co. (quar.) (Charles) & Co., 3 % % preferred convertible (quar.) common (quar.) preferred 2nd Phelps Dodge Corp. (quar.)— (quar.) 6-10 50C 37 %C (quar.) Mfg. Co. 1st $4.50 1st 5-25 1 6-22 $4 non-cum. 2nd preferred 6-20 5-29 $4 2nd preferred 6-20 5-29 *25c 7-15 6-29 25C 6-10 5-»20 5-25 5-18 6-10 5-19 6- I 5-15 6- 1 5-15 _____ — Philadelphia Electric Co., preferred (quar.) pfd. (quar.) —-— ; 5-25 5- 8 Phoenix 5-25 5- 8 Pickle 22%C 6- 1 5-15 1 5-15 6-10 5-18 *S1< 6- 6- 1 5- 5 *$1.13 6- 1 5- 5 *$1.50 6- 1 5- 5 O'okiep Copper Co., Ltd., American shares— A payment of 12 shillings on the ordinary shares (the dividend will amount to ap¬ proximately $1.66 per share). Union of South Africa non-resident tax at the rate of 7.2% will be deducted 6-12 6- 5 6-23 6-30 6-30 6-23 6-10 5-22 5-15 1 6-15 5-29 6-12 1 37 Vac 25c 6-30 $142%. 10710- 6-12 1 6- 2 " 3 6-30 6- 6- 4 5-26 50c 6- 1 5-15 91 %c 98%c 6- 1 5-11 6- 1 5-11 Glass Co., *• Co. 6-25 %c 7-25 12%c 6-16 —— iquar.)— Ltd.- *10c Mines. $4 Co Piper Aircraft Corp., 4%% conv. Pittsburgh Screw & Bolt Corp. 6-15 6- 1 5- 8 6- 5 6-30 5-30 1 5-11 7-15 7- 10c 6-15 6- 1 Il%c 7-15 7- 25c 53V«c 6-12 5-28 7- 1 6,-19 53%c 7r 1 25c $1.25 $1.20 6- 1 5-19 6- I 5-19 6- 1 5-13 ——— pfd. (quar.) Pitney-Bowes, Inc., common (quar.)— 4%% preferred (quar.).—__—______ 4%% preferred B (quar.) 1 6- Inc., common (quar.)___— preferred (quar.)— — Suspender 7- 50c $1 Pillsbury Mills, Pioneer 5-25 5-25 %c — ! common— ——; Gold 6-12 40c 93%c 65c %c ——_— Hosiery Crow Co. Pittsburgh Coke & Chemical, com. (quar.)— $5 convertible preferred (quar.) —__ $4.80 convertible preferred (quar.)— $1.66 5-28 7- $1.50 Extra 45C 52 %C 6- 6-11 50c $1.12% Quarterly Common 25C 5-21 6- (quar.)_ common $1.50 $1.12% 5-20 1 Philadelphia Germantown & Norristown RR. Phoenix $1.31 »/4 5-15 6- 9-11 5-20 5-15 5-29 6-10 6-10 12-11 6-10 1 6-10 1; 5-20 6-19 5-29 1-2-54 6-10 1 5- 5-20 6- $1 6-10 7- 9 1 1 6-10 6- (quar.) $1 933Ac 5 5-22 1 9-li 50c 1 5-12 6- 6- l,2rll — 5-20 6- 5-26 6-15 1 (quar.) preferred (quar.) preferred (quar.) Philadelphia Suburban Transportation Quarterly Philadelphia Suburban Water— $3.65 preferred (quar.) $3.95 preferred (quar.) Philco Corp., common (quar.) 3%% preferred A (quar.) Phillips Petroleum Co. (quar.)____ 6-25 2 6-22 1-2-54 preferred nor-cum. $1 6- 7t15 —.13% $1 $1 $4 non-cum. 2nd 7- 6 (quar.) $4.50 6- 5 *1 1 ianar.» 7,20 , 1 6- 35c Pheoll I 7- 50c 50c 35c 25c 87%c $1 65c — Philadelphia Dairy Products, com. (quar.)__ $4.50 1st preferred (quar.) 8r 5-11 15c (quar.) Exploration 5-15 '6-10 1 25c 5-14 40C ' 6- $1.75 25c pfd. (quar.) 6- 75c 5-15 (quar.) 6-15 $3.50 1 75c $1 6-15 •(•**80-; J1 6-29 6- : 6-30 6-30 1 6-19 $1.75 50c $1.50 iquar.) Extra 85c 5-29 40c $1.06 (quar.) 6- (see Dr. Pepper) Perkins Machine & Gear Co., 7% 5-25 6-15 iquar.) preferred 1 . 25c State Pepper (Dr.) 7- 1 ,7 • (quar.) 4.05% . 6- 6-12 5-20 1 50c 6- 1 6-15 series 93 %c 40c 6- 6- preferred Pennsylvania 5- 5-20 $1.10 92%c --4.40% 6-30 1 5-20 1 re¬ 7-10 1 1 6-15 6- 62%c being 5-29 7- 6- June 1 at $53.50 per share. 6-10 6- 10-24 12%c Corp. (s-a) Pennsylvania Electric Co.— , Y 11-15 57%c (quar.) common setries F iquar.) Pennsylvania Engineering Corp Pennsylvania Exchange Bank (N. Y.) (s-a)_ Pennsylvania Power Co., 4.24% pfd. (quar.) 50C Light & Power, 4% preferred (quar.)__ Corp Pennroad 1 6- 1 Co., 33c 4.60% on 6-10 32%c Cement demption 1 (quar.) 1 45c (quar.) (s-a) common (initial) com. (quar.) (quar.) (quar.)— 1 $1 (quar.)_ preferred (quar.)-^ 5-28 10-24 6-15 $1 Nova Scotia '/2 % 5-28 6-12 11-15 6- 30c iquar.) 6% 4 5-29 6-12 25c Penn-Dixie Fruit 3 (quar.) 8- 85c Co. Co. 6-12 5c preferred (quar.) preferred (quar.) Northland Pharmacal 5-29 (quar.) *$1 Extra Norwich Corp. 42 %c Gas Paper Mills, 6-12 8-15 5-25 34%C Oil Co. Gas 5- 5-15 25c 25c preferred $1.32 preferred $1.30 preferred $1.30 preferred 4% (quar.) Co. preferred 1 1 . (quar.) preferred preferred 7- 7- 5-18 1 6- 6- 10c 7- 30c - 6- 31V4C 40c 6- 70c 5-30 50c (quar.) new 6-11 $1 preferred (quar.)——— — Greyhound Lines— 3%% preferred (quar.) Northwest Bancorporation, common (quar.) 4.20% preferred (quar.)—______ Northwestern Public Service, common 4%% preferred (quar.) — 5% % preferred (quar.) — ;- Products Metal 5-18 50c 6-15 (quar.) 6-15 15c (quar.) Oklahoma Corp. 5-30 50c (quar.) Northeastern Water Co.— $4 Cement Peninsular Telephone Co., 8 6 *35c 6-30 5- 0 5- 5-30 2%c 6-10 6-15 5- 5-28 6-15 12 %c Peerless 1 6-15 *20c $1.50 A (quar.) (quar.) Insurance 5-28 ; $1 Pennsylvania RR. (quar.) North 6-26 15c iquar.) Patterson-Sargent Co. Peabody Coal, 5% preferred Peck, Stow & Wilcox 30c Texas 12%c Ltd.— iquar.)_ $1.32 933Ac North American Refractories Co. North preferred 90c & Western Ry., common Central 5-20 — Mfg. Co., Ltd. 5-20 $1.12% guaranteed (s-a) 7Mining Coirp., Ltd."__^__ North American Car, common (quar.) $2 convertible preferred (quar.) — North American Investment, 6% pfd. (quar.) North Extra 1 $1.12% 7% North 5-20 1 (quar.) com. Dredging, 4.70% NOfmetal preferred 5-15 1 6- 62%c 1 Corp.— (quar.) Ltd. 1 6- 10c Gold 6- 35c $1.25 iquar.) 2 75C (quar.l— Mines, 5 V2 % 5-18 7- 40c ______ (quar.) Norfolk Southern Ry. Norfolk 5-26 (quar.) 10- 20c (quar.) common preferred series Noranda 3 30c B Special . (quar.)__ Niagara Share Corp. (quar.) Nopco Chemical Co.— 4% 3 5-18 *5c 1 5-19 12- Consolidated $1 5-15 1 5-26 Interim 8-31 6-12 6- 12-15 Pato 9-15 6-26 30c 5-18 62 %C 6-15 1 5-2S 22Vac $5 6-20 7- 30c iquar.),. 6-1 6-15 5-16 5-29 (s-a) A Parkersburg Rig & Reel Co., 5-22 1 preferred class Co., 40c 3%% preferred (quar.) Newport News Shipbuilding & Dry Dock Co. Quarterly Niagara Mohawk Power Corp., com. (quar.) 3.40% preferred iquar.), preferred 6- 6-15 non-cumulative 5-27 Newport A 6-16 7- 1 5-15 3.90% 2 7-15 6- 6- 6 7- 22%c 6-20 6-15 6 6- (s-a) 6-10 7- 5-20 6- (quar.) preferred (quar.) Parmelee Transportation Co. (quar.) $1.75 1 6-15 $1 Corp., common Parker Rust-Proof Co. 7% 6- 6-15 $2.50 25c 7-21 Paton 5-15 50c 10-20 $1.12% 1 preierred Pen Class 8 6-10 6- 62%c 1 5-29 preferred 5-15 \ <: 10-30 5c 1 3.60% 1 6-24 non-cumulative 4% % 8 6- v 5-22 5-11 Carpet 6- 5- 1 6-12 6-12 5-15 Mohawk 6- 50c ClaSs 4% % Parker 50c Northern Natural Gas Co. 6-15 Molson's 5-15 $1.05 (quar.) ; Northern 6- 1 ___ 6-15 (quar.)_ preferred (quar.) Mining Corp 5-29 6-15 (quar.) (extra) 5-11 *25c 6-16 7- 2 — Ltd. Ltd. 1 (quar.) iquar.) 1 iROc (quar.) Co., 6- 25C Sheraton 35c common (quar.) Electric, 6- (quar.) 50c (quar.) Co. 6-16 6- Park (quar.) 7- $1.25 S.) (Robert), Semi-Annual Zinc Co. 'Common 5-11 131 %c (J. Mitchell '' 25c 5-29 Corp. 30c preferred (quar.) $4.50 preferred (quar.) 3%% preferred (quar.) Newark Telephone (Ohio), common (quar.) 6% preferred iquar.) Newberry (J. J.) Co. (quar.) Newfoundland Light & Power, Ltd.— . Missouri Utilities Co., common (quar.) 6-10 Pictures 5c 4V2 % Northern Missouri Public Service Co. Paramount iquar.) Co. New York State Electric & Gas 5% 6- 1 6-15 37%c Mining Corp. of Class 4 Inc.— preferred (quar.)_^ (monthly)^ 5-29 Newmont 6-15 7- 1 7-1 7-1 $2 (quar.l_ Corp. Mid-West Refineries, 6-12 5-2fc In¬ (quar.) 4 1 Presto Hampshire Fire Insurance Co. 6- 6-12 6-10 6-12 20c 25c Co. O.) 5-25 10c 4-24 iquar.) Inc. Brothers, IN. 5-15 5 40c Pipe Line Co.— 6-10 income preferred 5-20 6- Eastern 6-10 (quar.) convertible 1 6- *75c 5-25 $1 common 6- 4-16 25c i — _ - Co., New 5-15 75c 1— (quar.)— Tea 1 6- Ltd 25c Products, preferred 4.20% Nelson 7-15 Mickelberry's Food Products Co Micromatic $1.40 Neisner 6-15 7-15 — Starch National 1 6- $2.50 ■ (quar.) 4% preferred (quar.) • Paragon Electric Co. (quar.) Fund, Inc.— Co. 1 6- 7-15 20c Common Co.— i— Machinery Rubber National 5-15 5-29 Panhandle 62%o investment from National-Standard 50c 5-20 4-24 (quar.) Resources 5-21 share for additional (One dustries" 6- 7-15 Extra "National to National 20c 50c held) changed 6-15 7-15 $4 (s-a) Page Cooker— Pressure 5-15 1 $5 Machinery Co. <quar.» Co., 5% pfd. (s-a) 4-24 50C 5-21 5-29 Castings Steel & 1 lOc 50c iquar.) (Tenn.) preferred A Insurance 6- y7- $1 Mfg. preferred 6-10 *5c Accident $1.25 5 ' (quar.) 5-25 12 %C Quarterly 1 Package Paper & Type— Name preferred 5-25 * 15c preferred (quar.) preferred (quar.) Natural 4% Hersey Tubes, Palace Corp. Quarterly National 6-16 5-15 5-20 (quar.) Corp. 7% Co., & Malleable National 6-20 6-12 6-10 (quar.)_ Quarterly 5-15 5-29 5% *17c Lead 10c Pacolet 5-20 B Life 50c Utilities Surety Co. (extra) share Class National National 4 9 5-29 6-10 — 5-15 5-29 6- 6-15 _... 5-28 6- 6-30 Corp A 5- 6-12 $1.75 *12 %c preferred (quar.)__ Hosiery Mills, Ltd., class A 5-12 4 9 Canada, $4.50 5-20 20c *5c Gypsum. 5-11 5 (quar.) 15c Products Food Gas & Oil National 1 6- Corp 75c of 6- $1 5c National 4 5- common Co. 30c (quar.) Consolidated $1.25 preferred (quar.) Welding Machine Eiectric National 6- 5-27 Tin 40c Corp., 5- Pacific Western Oil Corp.— Quarterly 5-14 6- 8 iquar.) (quar.) common 4-30 6-22 Pacific 5- $1.06'A (quar.) Chemical 6-11 6- 6-12 common (quar.)_. Distillers Products National 5-15 5-31 7- 1 7- 1 7- 1 7- l 7- 1 $1.08% $1,11% 30c _________ Corp., convertible 60c 5-15 Pacific Lumber Co. 5-11 30c preferred Limited, 6- $1.18% iquar.)__ Corp. 5-25 (resumed) Co. 1 (quar.) iquar.) & Robinson 31'Ac Products Drug Gamble 15c (quar.)_ ' common preferred preferred Finance Pacific $1.06 (quar.) Cylinder Gas, preferred 5% Pacific 5-20 5-29 common... 4%% 5-18 1 ^, Gas each preferred National —____________ _. Stock dividend $1.25 Corp., 4%% : 5-11 6-10 7-15 dividend 5-25 — Class B Stock 8 pfd. 5-15 5-15 $1.50 1 preferred Corp. (quar.) 50C " — $7 5-15 1 1 50c 2nd non-cum. 6-10 1 6- Co., common (resumed) preferred (resumed) 1st 6- 6- . (quar.) Inc.— ' 50c — (quar.) Container National Inc., Co., 5-15 Coast 35c ; 1 $1.10 (quar.) 10c Inc. (quar.) (quar.) 5-2Q 6- 37%c ; preferred Investors, 35c common Lines 6-10 (quar.)____ Extra • 12- Fibres, 1 37%c (quar.)__ 6- (quar.) $1.75 By-Products 6-19 Co. 1% National Discount Michaels, Stern & Co., Inc., class A (quar.). Michigan Michigan $4 5-15 '.Payment covers end\ of fiscal 4.45% preferred Meyer-Blanke Co. 5-23 National Payments to be made in Feb., May. Aug. and Nov.) __________ Metropolitan Edison Co., 3.80% pfd. iquar.) 3.85% preferred iquar.) 3.90% preferred (quar.)__.._—___________ preferred 6-12 1 year. 4.35% 12c 6- 5-21 Owens-Illinois $5 Co., 6-15 2 6-10 25c Owens-Corning Fiberglas Corp; 5-15 5-23 (quar.) 7- 20c 37%c 5-12 1 $5 1 7-15 40c 6-15 Co., 5- 7-15 90c 6- preferred 6- 1 8-15 : 26'Ac Glass 5-21 17%c common 37 %C 6-12 Biscuit 6-30 5-29 5-12 Co., 6-15 5-11 6-10 8-15 (quar.) 12 %c Automotive 50c $1.75 10c 6-15 Power 12 Vac 5-15 — 25c Tail _ 1 25c *$3 $4.40 preferred (quar.) Outboard Marine & Mfg. Co $3.60 preferred Pacific 6-15 — 7% 5-25 5-23 National 81%c 10c 6-15 6-15 6-12 Dairy (quar.) 6- 6-20 20c American National 10c 37 %c Paper National iquar.) 5-10 $1.50 5-14 5-18 5-28 6-12 Otter 6- $1.12% 1 *20c Opelika Mfg. Corp. (quar.) Orpheum Building (s-a) Oshkosh B'Gosh, Inc. (quar.) Oswego Falls Corp., 5% 2nd pfd. Pacific 5-15 (initial). com. 5-12 Oxford 6- 6-19 7- *$1.75 5-10 6- 5-19 Ltd._ 5-14 5-20 preferred Co., 5-30 $1 5-11 5-30 (s-a)_ 6-10 Louis Ry 5-11 1 $1.25 5-2fr (quar.) 1 6- (quar.) 5-23 5-20 8 Ry. Products 2 0 6- 5 6-30 6- 1 7- 2 6- 1 6- 1 6-1 6-10 Quebec Steel preferred 6- Corp. 5-14ii 6- Ry. Co.— 7% 6-12 7% Street Ontario & 50c 6-10 1 Bluffs 5-16 — 6-10 6-30 5-16 1 5-15 20c 5-30 (quar.) 5-29 5-15 $1.10 (accum.) 20c 6< 40c 25c 50c $1.25 Council (quar.) 5-28 8 59 %c & preferred (Hawaii), common (quar.) Aluminate 5- 5% 2c 5-15 $.1.12% (quar.)_H_ preferred (quar.) 5-30 — National 5- Omaha 50c 5-15 5-29 75,, 4V2% $3.50 5-22 6- 5-26 6-15 5-20 1 1 5 Industries, Inc., common... preferred A (quar.) 1 7- 5- 4 6- c1>25 20c (quar.) common (quar.) 5-11 5-15 4% 6-10 Co. i 8 Olin 1 1 6- iquar.) Co., preferred 6- 6- 12%c (quar.)_:_ lc 6-10 6- 8 5-27 50c % 62 Vac 50c e 5- 6-10 4.40% *$1.75 (quar.) 5% 6-12 5-19 5- 6-10 30c — preferred B (quar.) preferred C iquar.) 4.80% preferred A (quar.) Nashville, Chattanooga & St. 5- 1 $2.50 ' Power 5-8 6- *$1.18 1 Oil Co. Holders 5 $1 common 5.10% 5-15 6-12 1 5% Ohio 1 6- $1.14 20c Mutual Telephone 7- Co., preferred Ohio 6- 6- t$1.25 — (quar.) 6-12 - common Metal & Thermit Corp., preferred 5-15 1 6-15 (quar.)_„ (quar.) _______ 5-29 Y.)— (N. Corp. $3.25 participating preferred v.'• Participating ______ i- 5'/4% 6- $1.25 pfd. preferred Machine Ontario 6-15 5-29 Match 4.56% & Omar, Inc., 4%% conv. preferred (quar.) Onondaga Pottery Co. (quar.)_ 7-14 7-1 Ohio Edison, 1 7-31 1 5-15 9 6-30 1 Forge 1 6- 6-10 7- Ohio 6- 5- Murphy (G. C.) Co. (quar.)— Muskegon Motor Specialties Co.— $2 class A convertible preference 5-29 Merritt-Chapman & Scott Corp. (quar.).— Mersey Paper, 5% preferred (quar.)___ Textile 5-25 6-30 iquar.) pfd. 4%% Corp., Quarterly. Meredith Publishing Co., Metal Munsingwear, Inc., 6- Ohio 5-29 15c (quar.)_u—— preferred (s-a) Fuel tupply $1.18% 25c (quar.) Engineering & Portland Merchants 5- 7% 60c (quar.)-.(s-a) Ltd. (quar.) (quar.) 1947 iquar. 1 Co. Medusa Mercantile 6- 6-15 5-29 2 (quar.) Mountain 5 5-29 2 6- Mount Vernon-Woodberry Mills, com. 5-15 5-15 45c 85c 93%c 93%c *50c *25c 50c 62 %c 75c 75c *50c $50c 3c 22%c 40c $1.06Vr (quar.)— Co. Machine Corp., 5-11 5 6-15 1 2 77- —.—— $1.06% Co., common Electric 4%% 6- 7- 125c When Payable of Rec, 35c 6-30 iquar.) Extra 4% % Publishing Co Mclntyre Porcupine Mines Ltd. Mclvor Drilling Co., Ltd Mead 5-15 5-25 Mfg. Co. (quar.) Ogilvie Flour Mills, Ltd.,'7% —_______ (quar.) Corp. pgf Share Oak t$1.75 37 %C 47 ¥ Name of Company 40c (quar.)_ Corp. 50c McGraw-Hill McNeil 1 6- Corp.— Oil preferred McKinney Wheel Mount Diablo Co. *15c 40c Co., Ltd., preferred Corp., McGraw Finance Motor 5-15 6-12 (quar.) series preferred (L.) Motor 5-18 5-22 (quar.) — $3.75 5-lb 1 5-25 1 • 5-29 ___ —i 52%c 26 %c 25c pfd. 1951 series <quar.)___— May Department Stores Co.. com. (quar.)__ $3.40 preferred (quar.) $3.75 preferred (quar.) McBrine Mills Paper National conv. McColl-Frontenac Co. Extra 1 (quar.). Co. Conveyor Mathieson Mosinee 10-15 6-30 (quar.)_— Co., Massey 7-15 1 6- $3 Co. Maryland Casualty Co.— $2.10 preferred (quar.) $1.05 convertible preferred (quar.) Masonite 1 6-15 2 ___ 8- 30c $1.25 10c (quar.) common preferred 5% 1 5c (quar.) (quar.) Ltd Maple Leaf Milling Co., Marathon 1 6- _____ 5c Manning, Maxwell & Moore Mapes Consolidated Mfg. Co. Mar-Tex 6- 7- —_—_—___ 11- 27%c 35c 35c 30c 60c *25c (quar.)—: & Shirt Manhattan 6-15 6-15 35c __ ' Mallory 7-15 6-10 25c t$1.25 *25c $1.25 (initial quar.) New common 5V2 % 1 1 Co.— Mailman Corp., Ltd., 5%■ preference (quar.)_ Convertible priority shares (quar.) Maine 4% — $1 Holders t$1.75 (quar.) A 7% 6-10 50c . preferred When Payable of Rec. t22 V2C (quar.)_____ common 6-10 6- 50c common «ftJ' * vanaiUW"..W4W».V*»S Share preferred B (quar.) preferred (quar.) Moore-Handley Hardware Co., com. (quar.) 5% preferred (quar.)___— Moore McCormack Lines Inc. (quar.) Morgan (Henry) & Co., Ltd.— 5% preferred (quar.) 4%% preferred (quar.) Morgan (J. P.) & Co Morgan Engineering Co., common (quar.) $2.50 prior preferred (quar.)_. Morris Paper Mills, common iquar.)________ 4%% preferred (quar.)___—______ 6-12 6-26 (quar.)—. RR. & Sons, iM.) SR. (2291) Ltd., Corp., 7% 6- 50c 25c (quar.)___„— Nashville & t' i.'S'lr" Per Moore at shgre plus this dividend $110 per Louisville Lowenstein u. Name 0} Company Payable of Rec. Share tong-Bell Lumber Co. (Mo.) payment con¬ sists of two quarterly dividends of 25c ,each for the March and June perlods____ Los Angeles Transit Lines (quar. I —_■—— Louisiana Power & Light Co., $6 pfd. Entire called i' Holders When Per Name of Company issue mW'.W i».' .UP' MR«W A. MiWtl. l!M i The Commercial and Financial Chronicle * .. r>;,w«.t:juntn rt.i ... , (quar.)—15c 6-22 1 1 6-19 5-25 (4"1 48 The Commercial and Financial Chronicle... (2292) Name of Share Company Per preferred (quar.)— — preferred A (quar.)—*—— Pittsburgh & West Virginia Ry. lquar.)__— Pittsburgh, Youngstown & Ashtabula Ry. Co. 7% preferred (quar.)— Placer Development, Ltd. (interim)— Poor & Co., class A (quar.) * Class B (quar.) Portsmouth Steel Corp. (reduced)—--Electric 3.60% Powell River 1 8 Sears 1 5- 8 Securities Acceptance 6- 1 5- 8 50c $1.75 *$1 Pressed & 5-15 1 5-15 25c 6- 1 5-15 6- 1 $2 convertible Electric Public Service 4(4 % 3(4% preferred Service 5% preferred A Public Service New Sicks' 6-19 6-19 6-23 10c 6-15 5-15 t%% 7- 6- $1.50 —- Simmons 5-20 Simon Ltd., Sons, preferred 1 5-15 87 V4c 6- 1 5-15 Singer Mfg. 27c 6- 1 5-15 Singer Mfg. 45c 6-15 5-29 $1.02 $1.17(4 1 1 Smith Sonotone 6 $1.25 7- 1 6-10 60c 6- 1 5-15 preferred $1.55 6-30 1st 4-18 South Penn 50c 6-15 5-29 South Texas 5-25 4-15 Southern 6-29 6- 50c 87 (4 c 25c 4-17 7- 6-15 1 6-15 6- 1 9-15 9- 35C 6-10 5-20 30c 6- 5-15 25p 50c 1 6-11 1 7- 1 5-21 6-15 A Oil Co. preferred preferred (quar.) Water, California 4'A% preferred 5'/2% 4% preferred Co. Natural 5% non-cum. 5% Co. (quar.) Co., common preferred (quar.) preferred (quar.) non-cum. 5-29 Southern 1 5-19 Southwestern 7- Remington $4.50 Rand, Inc., preferred 6-15 5-20 $2.25 6-15 5-20 (quar.) common 25c — (quar.) $1.12(4 Renold Coventry, Ltd., class A Republic Insurance Co. (Texas) *28c 6% 3.60% Rheem Mfg., 4(4% Ranch 7% Oil 6-10 Spencer Spencer, Spencer Shoe Corp. 6- 1 5-11 Spiegel, Inc., 50c 6- 5 5-15 Spokane 6- 5 7- 1 6-10 1 6-10 50c 6-10 5-14 (quar.) Robertson $1.12(4 6- 1 6- 4 Corp. (P. L.) __ 10- 1 7- 1 6-15 10- 1 9-15 75c __— 25c *— preferred (quar.) Robertson-Fulton1 Controls (interim) 7'Ad 50c — preferred Cable Rosefield Ross 6-19 6-10 Standard Oil Co. of +20c 6-30 6-15 Standard Oil Co. of 6- 5-15 Standard 5-18 Standard 1 5-16 ___ 5-20 Standard 5-15 $1.60 7- 1 7- 5 6-25 6-11 Toronto 6- 4-20 5- 5 Tremont 5-31 5- 5 16'Ac Trinity 6- 1 5-15 6- 1 5-15 6- 1 5-15 6- 1 5-15 6- 6 5-12 35c 6-12 6-15 5-15 9-15 8-14 6- 5-20 Corp. (quar.)— Theatre, $1.50 preferred (quar.) Royal Crown Bottling Co. of Louisville— Common (quar.) ; 5% 5% St. Paul Fire Regis $4.40 Sayre & Paper Co., preferred & Fisher 5(4% Scott preferred Paper Co.,. Scythes & Co., preference 5-15 Steel Spring, Fuel common preferred Supply (quar.) Uarco, Inc. 6- 1 5-18 Union Asbestos 6- 1 5-18 Union Carbide 5% 1 5% preferred preferred preferred 5-11 5- 8 5-15 6-15 5-29 Sterchi 6-10 5-25 6- 5-15 1 5 5% — 1 5-15 Stowell 6- 1 5-15 Stratton $1.12 (4 7- 1 Stuart 6-12 5-22 6-30 6-17 25c $1.06 75c Furniture & Co. A 5-28 5-18 Suburban Electric 7- 1 6- 5 $4 2nd preferred $4 2nd preferred 9-15 9- 1 Sun $1.25 12-15 12- I 7-17 Oil Co. / 5-11 United 5-11 6-10 5-29 United 5-15 8- 1 7-20 Superior Portland Cement Superior Tool & Die Co. (quar.) 6-12 5-27 Supertest (quar.) 6- 1 5-14 Swan-Finch $ 31 (4 c 45c U. 5-11 U. S. 6-10 5-18 U. S. 7-15 6-19 6- 1 5-15 25c 6- 1 5-14 6-10 5-22 8- 1 7-15 6-10 5-20 6-20 Oil, 6% preferred 1 5-15 4% 6- 1 5-15 Swift 6-18 43c 7-10 6-18 53c 7-10 6-18 50c 6-15 6- 1 30c 5-25 5- 5 2nd & preferred Co., (quar.) (increased Quarterly Sylvanite Gold Mines, quar.) 9-30 12-31 Corp. (s-a) 5-29 6- 1 5-14 6- 2 5-20 6- 2 5-20 6-30 7- 6-19 1 6-19 6-12 5-29 5-28 5-21 7- 1 6-10 50c : (quar.) 6- 1 5- 4 6-10 5-26 6- 1 5-12 6-15 25c 6-10 6^15 5-15 ' $1.12% 6- (quar.) 1 5-15 6- 50c 5-14 5-22 6- $1.25 1 6-10 75c 1 5-14 $1.12'A 7-15 7- $35c 7-16 6-30 25c - 5-28 5-18 (s-a) (quar.) 7 7'Ac 6-25 62'Ac 6-10 5-19 10c 6-10 5-13 tlOc 5-30 4-30 60c 1 6-25 56'Ac (quar.)___ 6-10 5-21 6-10 . 6-10 Ltd.— B Fund preferred 2 (from invest- 7c (quarj_ U. 6- 1 1 6-15 6- 6 5-15 S. Truck United 5-20 1 5- 7 Universal 6- 1 5-28 Universal 6- . 1 4'A% Insurance preferred - 6- 5 7- 6- 5 6- 5-15 50C 6- 5-22 75c $1 5-15 Universal Products 1 5-15 Universal 6- 5-14 7-15 6-15 1/ 45c 6-15 6- 1 5-15 7- 1 6-15 5% 8- 1 7-17 50c 6-13 5-25 $2 6-13 8-25 6- 5-15 * (stock dividend) V." 56 %C 1 6- 1 . 75c 6-10 60c 6-15 5-28 $25c . 6-30 6-10 $1.12'A (quar.)„ 6- -1 5- 8 5-20 25c 6- 1 5-15 50c _ <s-a)_i 6-25 6-15 $1.06 Va 6- 1 5-15 6-10 5-28 Winding Co.— 2 6-12 5-29 7- 40c (quar.) 1 6- 76-19 62 «/2c common common 6- 7-. $1.75 $1.06% (s-a) Co. Co., 120c 8- 1 $1 11- 2 90c 6- 1 5-15 37'Ac 30c convertible Co. (quar.) preferred Van de Van Kamp's Holland Norman Raalte Co. (quar.)__— Co. Dutch (quar.) Alloys Steel 6-10 5-15 Vanadium 5-15 6-20 5- 7- 1 27'Ac 6- 1 5- 7 $1 6- 5 5- 5 7 6-10 5-26 Vick 5-28 5-14 Bakeries 7-15 6-25 37'Ac 6-15 5-15 $1.10 6-15 5% 5-15 preferred . ? 6% preferred 37'Ac 6- 1 5-15 10c 6- 1 5-15 50c 7- 1 6- 1 10- 1 8- 1 Walgreen 1-2-54 12- 1 Ward $4c 7- 2 4-26 7- 2 4-20 25c 5-29 5- 8 Vogt Waite Mfg. Baking 5'A% Warner 6% Co. preferred 1st 6-10 65c 6- 5-14 1 6-2 5-12 6-10 6- 9-10 9- 1 12-10 12- 1 5c : tl5c . ;_ 6- 1 6-15 I 5-18 6- 1 30c 6- 5 5-15 15%c 6- 1 5-20 5-21 ' $1- (quar.) 1 6- 1 6- 1 5-18 6-25 6-11 62'Ac 37'Ac (quar.)_— common 6- tlOc *31'Ac 20c ,8- 1 6- 1 5-18 7-17 5-11 *35C (increased) (quar.) Inc., common preferred (quar.) 6-10 5- 40c (quar.) Hudnut, 6-10 6-19 $1.25 Mines* Ltd. Co., 7-16 6-30 $1.25 (quar.) Corp. Amulet 1 65C (quar.) common 5-13 5-30 8- $1.25 (quar.) Virginia Railway, 1 6-15 20c - Corp., 5% pfd. (quar.) Virginia Coal & Iron Co. (quar.) Virginia Dare, Ltd., common 6-25 7-15 Co. 6- 35c (quar.) Vinco Chemical $2 Corp— preferred 5% preferred (quar.) 5% preferred (quar.) Venezuela Syndicate, Inc; Viceroy Mfg. Co.. Ltd : 6-11 l'Ac * Vapor Heating, 5% 29 AC 22 %c (quar.)— 6- 1 50C Utah-Wyoming Consolidated Oil (s-a) Valspar Corp., $4 conv. pfd. (s-a) 10-15 65c . 5-19 5-21 — (Del.) 5-20 6- $1 1st Pictures 6-12 22'Ac Corp., Ltd. : United Telephone Co. of Pennsylvania— ( 4'A % preferi-ed A (quar.)_ > 6- 1 6-30 75c (quar.) common Lines 7- J 5-15 6- Steel 5-28 6-15 A Corp.* com. Rubber, non-cum. 5-29 22'Ac (s-a)_*___—___. preferred (quar.) U. S. Spring & Bumper Co. 4'A% preferred (quar.)_—— U. S. Steel Corp., con-mon (quar,)— 5-18 7- Radiator S. 1 6%% _ & preference series 8% 5-29 7- 55c Printing & Lithograph, , 8. U. C 5-29 50C S. 6-30 $1.06'A (quar.)— preferred Pipe 5-29 !43c _____ com. Machinery, 4'A% pfd. (quar.) Co., common (quar.) Lines S. 5% 5-29 6-15 $$1.25 (quar.) net Foundry (quar.) U. S. Playing Card Co._————;—____ U. S. Potash Co'.(quar.)— 6-15 6-12 S. 5C (quar.) — income) Improvement Co., preferred (quar.) 4'A% U. 12-15 7- $2c Extra Symington-Gould 6-15 25c Illuminating 7% 9^15 50c Ltd. $1.25 (s-a) Gas 50C 6- 7-10 6-30 25c Molasses Co., Ltd. ordinary (final) Casualty Co.. 45c conv. pfd. (s-a) Envelope Co. (quar.) Gypsum Co., common (quar.)- S. U. 6-15 $1.25 *40c 5-14 7-15 $1.50 United 5-11 30c (s-a) 1 $35c , 5-29 6-11 Ltd.— 6- $1.12 37y2c — Ltd. t60c 1 Ordinary 1 5-29 (s-a) Science *75c 6- $1.07 y2 . 6-10 6-11 Van 91 % C (quar.) ment 4'A% 25c (quar.) 5% preference (quar.) Sutherland Paper Co., common 4.40% preferred (quar.) 6- 6-12 12'Ac America, com. Tile Co. Corps., United 6-26 37'Ac (quar.) Corp., 6-10 40c 22'Ac Glass Co., common preferred (quar.) A class 7-10 25C 5c 7-17 United U. 5'A% convertible 2nd preferred (quar.)—„ Sunshine Biscuits, Inc. (quar.) 7-17 & Corp. 6-10 56C 5 Petroleum 1 25c (quar.)\ (quar.)-. Share, Carbon 6-10 25c A 6 6- Inc.— (quar.) preferred 11- 6-15 65c (initlal-quar.) Corp. (quar.) _l;L 6- 1 & Funds, 25c Ray Drug, 6% preferred (quar.) Sunray Oil Corp., common (quar.) 4'A% preferred United . 1 37%c 1 1 6- of Elastic (quar.) 7- 8- 6-15 Co. United U. $1.10 8- 5-15 11-16 933Ac United Can & 15c 1 $1 6-15 5 50c 5- 85c 5-25 50c 1 60c 5 5 25c (quar.) preferred United (quar.)__ 6- 27(4c 6- 6- 8- 3d $1.75 U. S. Hoffman 25c (quar.) 6-20 40c Sun 20c (quar.) Brick $1 $1.25 Co.. Bond United $4.50 5-22 8-14 < 37'Ac United _ (quar.) (quar.) United 5-18 Co.— (quar.) Insurance (quar.)__ 5-22 1 6-19 25c (quar.) 6-26 Corp. Suburban Propane Gas Corp. 5.20% convertible preferred (quar.) 8-31 11-30 50c 1 7-10 Biscuit 93%c (quar.) (quar.) 5-15 6- . (quar.) 5-11 (quar.)_ Securities 6-15 6-15 6-12 50c Co. 5-20 (quar.) 5-22 5-15 2 7-2 Corp., com. (increased) (quar.)———— preferred 1 20c ,6-10 1 7- 25c Corp. 1 common preferred 6- *20c 75c Rubber Carbon 75c partic. 5-15 (quar.) convertible Aircraft 5% 60c (quar.) 6-20 6-30 preferred 7-10 class A Studebaker 5-15 1 (quar.) 5-28 (quar.) (quar.)—. A.) Oil, Ltd., (D. Class Corp. Ltd., Terstegge 5-27 6- (quar.) (initial)—, Lines, Inc., common 9-10 6- 1 $1.14 of California— United 5-29 5-19 Rope Corp.— Air 4'A% 5-13 5-29 30c 30c common United 6- 62'Ac common & ' 1 5-20 7-v'2 5-27 , $1.06'A (quar.) 12-10 *20c Inc. ' . (quar.) Association 6- Ltd Stores Screw Co., Stuart 10c $1 Storkline 6-10 ■" 6-10 6-15 9-15 12- '- 6-10 30c — 40c Stern & Stern Textiles, Inc.— 4%% preferred (quar.) Stewart-Warner Corp. (quar.) 6- 5-15 New Scries (quar.) (quar.) Brothers, Brothers 6- 1 1 12-15 40c (quar.) Sterling Aluminum Products Inc. Sterling Drug, Inc. (quar.) 6-30 1 10- $1.25 Stedman 5-25 6- 7- 25c $1.25 5-15 ___^ Clutch Wire 75c _ 6-10 8-27 Union 6-10 4 (quar.) (quar.) Co., Co. 5-11 5-25 6-20 * 15c ■■-rr __ Steel ; & 1 6-15 75q (quar.) $3.75 preferred A (quar.) Union Tank Car Co. (quar.) 1 50c (quar.)_ 1 * 6- 10c Forging. Trust--—— convertible Disc 62 'Ac (quar.) 1 9-10 Twin 1 50c ! Union Oil 5-28 1 8 (quar.)__I_ com. 5-25 6-10 6- 5- -'VyV 6-12 6- . 6-1 5-22 $1.50 9 Stecher-Traung Lithograph Corp. 5-15 12 (4 c (quar.) $1.72 convertible preferred (quar.) $2.12 convertible preferred (quar.) Seaboard Oil (Del.) (quar.) Seagrave Corp. 1 preferred Coach 750 (quar,) 6» 5% preferred (quar.) Seaboard Finance Co., common 6- (quar.)_ 6-15 (quar.) Ltd., common $1.37'/2 (quar.) 6-10 Manufacturing Co.— preferred Packaging 6-15 preferred 5- 5% Twin 4-23 5-31 (quar.)__ 12'Ac (quar.) Corp.— State $6yac preferred (quar.) $3.40 preferred (quar.)3.65% 1 4 40c A $1.25 A 6- (quar.) common 62 (4c common 4.30% series convertible 12 (4 c $4 Scovill (Ohio), common series 28c ___________ 5-15 Co.— A Jersey (quar.) common Brick Schwitzer-Cummins Co. convertible 12 (4c Corp. 1st New 6- 20c (quar.) Marine of 7- 37 (4 c (s-a) Safway Steel Products, Inc. (quar.) Saguenay Power Co., 4(4% pfd. (quar.) St, Joseph Lead Co. (quar.) St. Louis, San Francisco St. Co. 15c 35c Ry., 5-15 (quar.)— 35c 2% convertible preferred A convertible preferred A convertible preferred A 6- 2 / 6- Temper Corp., common (quar.) 4'A% preference (quar.)_ Trunkline Gas Co., preferred A (quar.) Tudor City Fourth Unit, $6 pfd. (accum.) Tung-Sol Electric, Inc., common (quar.) 7-10 6- 8 6-15 True 1 0-1.8 25c ,__ Ltd., Underwriters 6- 0-25 *20c Building 6-15 25c (quar.) Kentucky Co. Pump Co. Williams 7-15 5-18 12'Ac •; . Works 30c 1 6-15 . & 5-27 6- 6- 50c (quar.) 50c (quar.) 35c . Roxy 5% Calif, 6- 6- 1 5-13 $1 25c 4% 1 - Ryan Aeronautical Co. (quar.) Ryerson & Haynes, Inc. (quar.) 25C 5-13 5-29 6-30 V 25 c ^ Trinity Universal Insurance (Dallas, Texas)— Quarterly Quarterly j. Troy & Greenbush RR. Association (s-a) 5-15 3 6-10 v26c Ltd. Leasehold Truck 3 4 6- IOC . 5-29 6-15 10c (quar.) Standard 1 A 5-11 6- 40c Co., ,(quar.)__ Co.— Iron Class 5 6-15 loc. . -—_________ preferred (quar.) preferred (quar.) 5-31 — A Standard Railway Equipment Mfg. 6-15 Edison 4.25% New 6-15 6- Toledo > 5-13 6- ' 4-13 6- 1 tw- & Oil Tank 4.56% 50C 87'AC 6-15 $1 $$1.06(4 Tokheim 6-19 ' 25c . « Bearing Tailors, Guarantee 5 __ 5-20 6-2$ $125 ;_ Trust-(N. Y.) Title Insurance Corp. of St. Louis 5 94c 1 125c (quar.) 6- Top United 7-15 1 Title 8 6-30 foiwr Axle Roller 5-15 (quar.) class Indiana of preferred 1 dividend Royalty 3%% 5 Rowe Sabine 5-14 6- 40 c (quar.)'— Royalite Oil Co., Ltd. (quar.)_ Ruppert (Jacob), 4(4% preferred Co. Oil Standard Oil 6- 7 (4 c Tip 5- (Detroit)— _____ 37 (4c $1.25 Corp preferred 1 5-15 5-16 5-16 6-10 12'Ac Extra 1 6 Timken 10c 1 $1.25 common Corp., "• ; Timken Detroit 1 $1.12 'A (quar.) Oil 6- Quarterly 5% B 50c O.) Stock Holding 6- 6- 6 6- 6- 55c Corp.— $1.60 conv. preferred (quar.) Standard Forgings Corp. (quar.) Class 6- 6- 4 Dredging 5-15 1 6-15 4-28 20c —.—— 1 7- 1 5-29 6- Extra (quar.) Packing Co. (quar.) Engineering (quar.) (J. Standard $1 (quar.)' Paper Co., Ltd., 4(4% 5 Quarterly Standard Brands, Inc., common $3.50 preferred (quar.) 6-15 0-15 25c — 25c (quar.) Standard Accident Insurance Co. 5-16 Drug (quar.) Tide Water, Associated Oil Co. (quar.) Tllo Roofing Co. (quar.)i__ 6- preferred Standard (quar.) (liquidating) Rohm & Haas Co., common (quar.) 4% ■ preferred A (quar.) Holland 5- $3.75 6 35C Cd. ' (quar. Thrifty 6-30 (quarj common $ 6- (quar.) Stores Co. 6-30 common 5- preferred fOc Mfg., E.) 5-15 $1.183A Fuel Cement, 5-18 10c <St Co.; common preferred (quar.) A 5 4 % 10c (A. $1.02(4 (quar.) Rockwood preferred Portland 7- . Rocky Mountain 6- 5-29 6- 5 25c *25c (quar.).. Rochester Gas & Electric Corp.— 4% preferred F (quar.) 4.10% preferred series H (quar.) Co. 6-10 5-15 6- 25c 6-10 *50c *50c Co. 6-15 9-10 4 5-29 _______ 1 ' Co. Shovel 75c _ 37'Ac Ltd Robinson, Little & Co., Ltd., com. (quar.) Class A preference (quar.)—; Rockwell1 Mfg. 6-13 $1.75 Co., 4%% preferred series I Rochester Transit Corp 1 $1.75 —— (quar.) Mfg. $1.75 7- Thew 6-10 31»/4C (quar.) 6- (quar.)______ (quar,) , Thermpid 8c 5-12 $1.75 , 6-19 87 y2c (quar.) 8 $1.183A $1.25 " common 5-18 (quar.) — Fair 25c pfd. (quar.) International RR.— Spokane The 5-22 5C Kellogg & Sons, Inc. Quarterly Quarterly Quarterly Staley (quar.) Chemical proprietary interest..: 5-18 5-14 lc Co 5% Rome 5-15 5-11 24c $4.50 50C 6-15 of 6- (initial) (quar.) Co., common 6-10 7- Roan Antelope Copper Mines, Ltd', Robertson (H. H) Co. (quar.)— Co. 6-10 (quar.) 1 Certificates Subsidiary shares Thatcher Glass Mfg., 6-15 (quar.) common preferred 1 ^ (quar.) Corp., $1.50 Carbon 2 90c Corp.* (quar.) Paper Queen New Speer 7- $1.12'/a preferred Richfield 5% 1 (quar.) preferred preferred 1st 5% 7- Speed 50c 2nd preferred (quar.) 2nd preferred (quar.) Riegel 6-15 5-11 Inc.,— 1st 7% 7% 9 1 8 5- .! 60c a»y4% (quar.) 5- ._ . Thompson Electric Welder (quar,) Thompson Products, Inc., common_______ —— Service (quar.) (quar.) Southwestern States Telephone Co. (quar.)_ Spear & Co., $5.50 preferred (quar.) 7- common Oil 6- 7- 5-25 Power— Electric $1 — (quar.) convertible Rice-Stix, 7% (quar.) 7-JL (quar.)— preferred preferred 4.50% Rice common 9 Utah $1.50 preferred A (quar.)__ Revere Copper & Brass, Inc.— Reynolds (R. J.) Tobacco, common B 6- 25c — prior Class 1 30c (quar.)-— Republic Pictures Corp., $1 pfd. (quar.) Republic Steel Corp., common (quar.) 7- 6- 5-14 (quar.) Trust— ■Chomafiton .Mills Southwestern Life Insurance (Texas) Southwestern Public Service, com. 1 6-15 5-11 $1.25 6- 6- 15c 5-22 1 $1.25 6-10 87 (4 c 1 9 $1.25 6-12 8 1 1 • Oil & 5-15 — 15c common 66- 6- 34 %c Gas 15c 5 Co. Land 2614c Railway 25c (quar.) Coal Pacific 20c Reliance Co., common 3(4% preferred (quar.) Remington Arms Co., Inc., 6% preferred (s-a)—— Pacific Texas 25c Reed-Prentice Corp. (quar.) Reed Roller Bit Co. (quar.)—--.— Mfg. Texas 6-15 (quar.) 5- 6- $1 5-14 30 y2c — 1 25c 5-15 1 Transue1 & (quar.) 5-8 ; v'yrf- 6- 6- :__ 6- 25'Ac (quar.) (quar.) 1 6-10 . (quar.) 65c (quar.) Southern Sulphur 1. ; Co. 6-10 $1 common 1 Pipeline Co,— 50c convertible preferred (quar.) Southern Producing Extra 38%C (quar.) 4.88% Gulf Texas. Gulf Edison— 4.08% Southern Texas 61 ______ 6-10 — 5-12 $1.12y2 5-15 B 5-12 $1.37'A Texas Illinois Natural Gas Initial 50c class 5-29 5-15 35c preferred (quar.) preferred (quar.)_____ convertible preferred (quar.) 5-29 $1.05 (quar.) De\elopment, 6- 6-15 $1.75 1st 5-15 25c preferred (quar.) (quar.) 6-15 25c 6-20 Works 5-15 , 6-26 75c (quar.)——— (quar.) 5-30 3c convertible 5.50% 5-28 25c (quar.) 4-24 75c 6-15 (quar.) 1 1 ' ... 6-30 25C ; 6- 6- 14c Corp.— *12'Ac (quar.) California Southern 12 (4 c, (quar.).— 5-25 (final)— 6-15 *5c (quar.) Transmission (quar.) 6-10 70c ■ 8 27c 25c 7-28 62'Ac _____ 5- (s-a) 25c — ord. (quar.) 3y2% pfd. Co. Lathe t30c t$l 5 (increased) 4.50% 6-10 6-30 preferred 25c (quar.) Inc., convertible Bend 2 5-28 Georgia Ry. Co 25c Corp., common $1.25 South 5-15 7- 1 Works *30c Works 4.20% preferred Socony-Vacuum Oil 5- 1 ; Co. 1 1 5-20 30c Morgan) 6- 6- 1 Common Ltd.— 6- 5-15 Eastern *50c (quar.)——— 6-30 1 Co. Steel 6-30 50c — & Engineering (Alexander), 6- Company Texas 5-12 6- 2nd & *20c (quar.) (S. Texas 6-12 *$1.25 Co., Skelly Oil Corp. 5-15 *30c (quar.) deposit receipts Co. (quar.) Skil Smith 2 1 6- 20c Corp., 7% pfd. redemption on June 1 at $105 per share plus this dividend.. 4.75% common Co. American 25C of A Saw 6- 6- 6- 1 6- Entire issue called for 5-15 50c & Simplex Paper Corp. —; Simpson's, Ltd., nev; common (initial)—— Sinclair Oil Corp. (quar.)— 6-30 2 6% Water 5-25 6- Co. (H.) 5-15 6- 1 7- 6- 25c ' Alabama Haute 5-25 *$1.75 6- 6-15 2 $1.25 (quar.)—— $1.05 $1.25 0- Terre — Simonds Co. participating class Ltd. Canada, 5-15 35c America, common preferred (quar.) Rapid Electrotype (quar.)Quarterly ; ± Rath Packing Co. (quar.) Ray-O-Vac Co. (quar.)—— Reading Co., 4% non-cum. 1st pfd. (quar.) Reading Tube— 50c 5-18 1 Smith Oil conv., of preferred (quar.) Breweries, Ltd., common 6-10 6- Co. 6- 35c Corp. $3.50 8 Gas— & Refining Corp. (increased quar.) Quemont Mining Corp., Ltd—; Radio 1 2 50c A Power, Tennessee, Holders Payable of Rec. 25c 30c Voting trust (quar.) Sigma Mines, Ltd. Signal Oil & Gas Co., class A (quar.)—— Class B (quar.) Signode Steel Strapping Co., common (quar.) 5% preferred (quar.) 1 7- (quar.) __ Telluride 5-25 4-15 When Share Corp. class B 30c 6-11 1 5-25 6-15 *56'Ac 1 7- 6-15 t50c (quar.) 67- 5-15 5-20 5-25 Inc., Class 10c Pen 25c 6-30 5-28 Company Transit Tampax, Inc. (quar.) Taylor & Fenn Co., 4.32% conv. pfd. (quar.) Tech-Hughes Gold Mines, Ltd.™ Television-Electronics Fund, Inc._ 6-16 22c Sheller 7% 6-30 - *30c (quar.) 5-20 Quarterly Power A.) 1 — preference (quar.)—— 4.08 % preferred (quar.) 4.70% preferred (quar.)— Punta Aiegre Sugar Corp. Pure Oil Co., common (quar.) 5% preferred (quar.) Purity Bakeries Corp. (quar.)_———. Quaker City Fire & Marine Insurance- Quebec B (W. 6- 31.40 Quaker State class $1.07 (quar.) (quar.)— Electric 4'A % 6-10 7'Ac Extra Sherwin-Williams —•— Mexico 50C 40c 5-20 50C —.— 0-10 (quar.) 5-20 20c ——— 6-10 1 Shawinigan Water & Power Co., com. (quar.) 4% preferred class A (quar.)—— — Sheaffer Talon, 5- 1 Corp.———.t—-——— class A (quar.) 1 5-15 Inc.— (quar.)—— (quar.) of B 8 6-10 7- 5c $1.06 'A of New Hampshire Co. Corp., Class Syracuse 7- Co.——_______— 1 45c preferred 4.32 % Serrick 5% Indiana, of Radio 1 10c 6- 6-15 12 (4c — Sentinel Machine Per Name of 6- :31'Ac (initial) com. 6- .—••—-—-- (quar.) Public Service Co 5-15 56 y4c (quar.) Co. 6-15 5 Falls 6-15 50c new (quar.)__— Seeger Refrigerator Co.—-————— 15c Common ' (quar.) Public 5-26 6- 1 Colorado of preferred Service 8 6-25 7- Co.— & preferred 133AC — preferred (quar.) Light, 6 % pfd. (accum.) preferred 4.20% Public Inc.— Roebuck 5% Holders Payable of Rec. 40c —— Mfg. Co. (quar.)_ Shenango Valley Water, 5% pfd. (quar.) — Sherwin-Williams Co., 4%- preferred (quar.) Co., Co. 5- 25c Ltd., 4% pfd. (s-a)_ Washington Ins. Co. (R. I.) — Providence, Public 5-27 1 6- 125c , Brothers 6-18 5-20 45c Car Co., common (quar.) preferred A (quar.) Corp., 5% preferred (accum.) Preston Oil Co Price 1 6- Steel 4%% Prestole 6- 37 (4c (quar.) America, of 5-20 37 (4c * 15c Metals 6-15 5- Seneca Extra Pressed (quar.) 6- common Preferred Utilities Mfg., 5'/2% pfd. (accum.) Prentice-Hall, Inc., common (quar.) 5% preferred (initial) & Co. D.) 6- (quar.) Ltd. Co., (G. When Share Company 2% 45c Co., Name of $1.25 (quar.) Power preferred Per Holders $1.37(4 —- 5 Vz % 5% Potomac When Searie Pittsburgh Steel Co.— Common (stock dividend)-- Potash Co. of America Payable of Rea Monday, May 25, 1953 6-12 5-13 45c 7- 1 6-18 7- 1 $1.37 y2 (quar.) 25C $1.50 8 6-16 6-10 5-27 7- 6-17 1 .Volume 177 Number 5223... The Commercial and Financial Chronicle (2293) Per Name of Company Warren (S. $4.50 Co., preferred Warren $3 D.) Wire Weeden 4% & Wesson 1 5- 8 6- 1 5-18 4% series due 6- 1 5-15 314 % notes, due June 1, 25c 6-10 5-25 4»/a% conv. 25c 7- 1 6- 40c 7- 1 6-15 b (quar.) Mills (quar.) common Oil & 75c _ (quar.) _ Enaineerir.g ____ (quar.) _ _ Ohio Gas Western Air Auto 5-15 1 5-19 $1.25 6- 1 5-19 3e 6-10 5-11 25c 6-15 6- 6- 5-15 20c Inc Supply 1 outstanding; 1 6-20 6- 5 6- UNDERWRITERS—The ally have made 1 respective firm a Breweries, Insurance __ Ltd principal provisions below of Co., Ball, Eurge & Kraus— 2,000,000 J. C. Bradford 3UC common 6-15 6- a Eastman, 9-15 9- 8 Harriman Dillon & Ripley Co. & Co., Stone & Webster $1.25 2-15-54 6- 1 5-11 Hemphill, Noyes & Co.— 95c 6- 1 5-11 Laurence 25c Instrument— 6-10 5-15 .!' (initial) Weston (George), Ltd., 4%% pfd. (qaur.)__ $$1.12'/a Whirlpool Corp., common <quar.)___. 25c ; 6- 1 6-10 (Inc.) McCormick & Co W. Newhard, Pacific Northwest Co 200,000 Smith, 200,000 1,200,000 Arthurs, Lestrange & Co. 100,000 Boettcher 100,000 1,000,000 Baird & Cook Moore and Co & & 300,000 Co Co Richard W. Clarke Corp. Co., T. H. 100,000 Jones & Co.— .100,000 Whitman & Co. Whitin Machine Wickes Corp. Quarterly Bros., Wilson. & (quar.) debentures 6-15 6- 3 Hirsch, 7% Electric 6- 1 5-15 8-21 5-22 (quar.) 6-10 Power, 10c 5-30 6- 6- 35c common 35c 1 6- $1.50 1 5- 7-31 2.00 L. Wm. E. Pollock & Co., Inc. F. Rothschild & Co Salomon Bros. & Hutzler H. Hentz & Co. & 1.50 Chas. (Inc.) W. Scranton 4.50 Shearson, 3.00 Co Stroud Van Alstyne, 1 7-15 —V. 8- 1 & 1 $$1.37'/a 6- 1 5-15 A & Hammill Co., Co. & Co. 1.50 Inc Noel & Co.— 1.50 5 5-18 would 50c 6- 1 4-20 3% 6- 9 5-12 $2.50 6- 1 drilling Southwestern subsidiary owned • company's the or Southern of ■ A ■■ ■ "r .'J'-, 7- 2 6- 1 5-20 This company has applied additional bank borrowings in 7- 1 6-20 the to SEC the authorization for to 25c 8- 1 7-20 6- 1 5-14 10c 5-29 5-15 Oil 37 tec Wyandotte Worsted Co. (quar.) Yellow Cab Co., 6% conv. pfd. (quar.). 7-31 7-10 Co., (quar.) 75c 6-15 make 6-10 5-28 50c 6-30 West Texas loans the of subsidiaries, its to enlargements to Gas $3,400,000. Co., subsidiaries the and extensions be to are used natural their to by them gas 6-12 Southwestern Gas & Electric Co.—To Increase Stock— "Transfer books closed not for this tPayable in U. S. Funds, less 15% .tPayable in resident Canadian tax 15%; a Less x Canadian The tax tax non-residents' deductible the at so tax. Non¬ source. Less Jamaica income tax. British y Corrected tax. payment Previous r income or published increase to as to its The holders record of were dates are reported here. company's to Corporation and Investment News refinery, its on price scale of down in 100 In addition, 1953, a sinking fund will be in operation at a interest; general call prices start at 103 and Concurrently the Southern Natural Gas Co. is offering rights to sub¬ sinking fund de¬ bentures due June 1, 1973, at 100% of principal amount, on the basis of $100 principal amount of debentures for each 10 shares of stock held on the record to subscribe are to be evidenced date. rants, which will expire at 3:30 p.m. (EDST) on June 8, 1953. Halsey, Stuart & Co. Inc. and associates, who are underwriting this offering, won award of the debentures on May 18 on a bid that specified compensation of $170,000. a competing bid for the debentures Blyth & Co., Inc. and Kidder, Peabody & Co. (Jointly) asked a compensation of $300,000. principal ranging be of amounts from $28 to company debentures and Including June 1, 1973. of the convertible into for including from share 1, 105% ing fund at prices ranging from 100% each each June 1958; The debentures will be at prices ranging stock common to the of of $35.50 stock, to and redeemable at the option to par, and for the sink¬ par, plus accrued interest in case. sippi extending to business other markets is the from in operates the Alabama, transmission companies an fields gas interstate in Georgia and sale and Texas, and of natural of > ( Mississippi. natural gas, pipe and line Missis¬ Its principal at wholesale to municipalities, and directly to certain industrial by the company has a population of 2,051,787, and total operating revenues for 1952 aggre* gated $39,425,260, while gross income was $8,841,$01 and net income of users. based Territory on $7,363,710 the served 1950 census, was equal to $2.15 per share. refined It with the have of- first to 18 Treasurer which large Southern the of transports cities.—V, and money 174, B. Armored Bon— Motor valuable* 2551. p. time, a new type of steel casement window has beeu. installation of any standard room air conditioner enable adjustable members to The accommodate pratically popular make* any air conditioner. room windows developed were by this conjunction in company with some 20 leading maufacturers of air conditioning units, including Crosley, Philco, RCA, General Electric, Frigidaire, York, Carrier, and Chrysler.—V. 173, p. 2500. Delhi Oil Corp. above.—V. Gas Tennessee 177, j ; 1303. p. Transmission Production year was in Rey added It 1952 wells, Co. due, in the to the over in formerly natural ex¬ 1953 ant* mailed period same explained, report field of report a interest Chesterville Drills— eight months revenues the 32 Vi % the drilled three according operating was of first part owned tea- by gasoline plant; to* Increase in the* capacity built at this plant last year; to an by Tennessee Production to Tennessee Gas, to IO> effective Feb. 1, and to production from new weHs. inccme for the three months was $178,363. sold gas MCF per drilled. oil Co.—Affiliate affiliate, an the in gross reported. Dec. Petroleum of cents Co., development wells or gain of $468,744 in Net Tennessee Production owned an interest in 516 oil, gas and con¬ wells, equivalent to 294 full-interest wells, on 56,822 acres ©# producing leaseholds as of March 31. Its gross sales during the firsfc quarter of 1953 were 1,600,861 barrels of oil and condensate and densate MCF of —V. 177, After gas. production, net sales 3,650,437 MCF of gas. providing for all 363,366 barrels of oil were due payments and Net sales of plant products fros®. condensate an* 114,904 barrels;. were 2013. p. Whiting, program demands for more Standard's Sugar pipeline Ind., directors for share, under stock of the Texas details of related than terminal Moorhcad, to of Eastern Eastern Corp.—Subscriptions— interests 100,000 offering the1 Texas of man and more this of shares of 1,833,009 177, Corp., sub¬ at $10 of common G. R. announced - have stock holders to Corp., 2135. P- corporation common shares Transmission Production offering in V. Brown, on May per- Chair¬ 19. Sct^* , Texas Power & Light Co.—Bonds Offered—Offering- of $5,000,000 first mortgage bonds, 3%% series due May fr 1983, at 102.239% and accrued interest, to yield 3.75%, was made on May 20 by Union Securities Corp. and Salomon Bros. & expansion connects Texas Eastern Production The scribed by products pipeline from the Dubuque from that Standard's Moorhead, to its and refined products pipeline from scheduled for construction in now projected the 1,731, to Mandan line new refinery increases Pielsticker Mr. New Plant will company at soon them at Hutzler. Award competitive sale of the May on issue 18 on woa was a bid of 101.644%. Five other bids for the bonds as 37/aS came from: Blyth & Co., Inc., Kidder, Peabody & Co., and Merrill Lynch, Pierce, Fenner Jfc Bean«» (jointly), 101.31; Halsey, Stuart & Co. Inc., 101.3099; White, Weld & Co., 101.1399; Kuhn, Loeb & Co., 100.8015; and Equitable Securities. Corp., 100.6399. Sinking fund redemption prices will range from 102.24% to 100% and regular redemptions will range from 105.24% to 100%, plu» accrued in interest to be total the line mileage said. PROCEEDS the sale each of Net of 70,000 from derived u- case. Texas parent Power The plant new is expected is known fractions to on May per of plant a Vice-President in to charge by refinery Jan. 1, Whiting, at 1955. Ind., Anticipated pro¬ hydroforming, of which various for converts petroleum certain aromatics. firm a Distributed trict of 46,987 were and company 10 stock bonus to shares subsidiaris who plan. The workers Columbia, and Canada. weighted market price Average tributed The about $70.51 a employees of the live in stock of third the parent year of the 24 States, the day it the Dis¬ was dis¬ share. became About 95% 177, p. shareowners of all through the savings and stock bonus eligible employees are enrolled in the plan.— Standard Power & Light Corp.—SEC Approves Plan— The SEC on; May 19 announced corporation ferred for stock The plan by i th«r retirement rof an involves offer a of Its approval of the its portfolio outstanding securities proposed offer by Standard plan filed by this $7 in cumulative pre¬ therefor. exchange Power to the holders at north fund* $9,843,869 months distributes electricity within by the company comprise* part of the state, havingr Dec. 31, 1952. Total operating- basis 1983 on ended Feb. net and purchasers commitment of borrowings from the* the company'* for 1953 an* cover program central 1,117,100 12 stockholders to was below purchase bonds series 1953, were $34,560,266;; $7,743,447.* V 28, income named set have from forth Securities Union severally the agree* th» company below: Corp.-$2,500,006» 2135. for the shares plan, plan, the on non-assignable monthly by 85% The with p. of trustee Texas a no May of 15 the new approved company of issue stock a and stock will payroll deductions at 4% interest. * price of the stock to an employee will never be lea* the market price at the time the option was issued. final The than purchase plan f«r its subsidiaries. be made. A trusts* Mercantile National Bank at Dallas, Tex., will buy open market. Supervisory employees will be grante* options to buy an unlimited number of the securities* on employees the was authorized insurance to negotiate company to a line of credit stock.—V. 177,. $2,000,000 purchase the 2014. Textron, Inc. (& Subs.)—Earnings— 3 Months Ended April 4— Net sales Net 1684. from. and with Texas Utilities Co.—Stock Purchase Plan Voted— The Under approximately 125,000 stockholders of this company now include 32,000 employees of the parent company and subsidiaries, most whom plan. V. was 29,134 participated in the the the amount supervisory May 20. bonds together corporate purposes. Salomon Bros. & Hutzler_$2,500,000 See further details in V. 177, p. $3,313,053 Stock Issued to Employees— The company this year gave $3,313,053 worth of stock to its em¬ ployees, Dr. Robert E. Wilson, Chairman, and A. W. Peake, President, the stock, generates and Territory served was income respective of sale construction its for in population estimated on applications. on miles square gross para-xylene by the chemical industry is in the manufacture of the new synthetic polyester fibers which show marked improvements in textile applications, and a still newer polyester plastic film having important advantages in packaging and other announced Texas. PURCHASERS—The of use of revenues year. para-xylene is an aromatic hydrocarbon hitherto from coal tar. It is made from petroleum by the as 47,200 a 16.. Standard's at operation pounds mixture a Principal G. said largely process be in be 14,000,000 Paulus Dr. obtained will to construction Paulus, M. state the preferred & Light to repay short-term for construction purposes, to expenditures BUSINESS—Company the from of company's operations and from a cash contribution, made by the parent, Texas Utilities Co., will be used company estimated proceeds shares the $6,000,000 by Whiting, Ind.— commence para-xylene, Dr. manufacturing, announced duction of gas Louisiana D., states savings and PROCEEDS—The proceeds from the sale of $30,000,000 first mortgage fund bonds 4% series due May 1, 1973, and the con¬ be applied to the prepayment of the $35,050,000 principal amount of outstanding notes of the company and to the con¬ struction of additions to the company's properties. BUSINESS—Company City, pipeline manufacture pipe line sinking vertible debentures will system and organization an part of 1954, and for other The * company common to said permit operation and Rights by subscription war¬ The debentures will par now in operation, R. F. Pielcrude oil supply and products is of products. products he To Build to its stockholders of record May 20, 1953, scribe for $34,220,100 4*/£% convertible at N. will midwest annually. in In $10 of 2134. connected to the company's other refineries through these distribution facilities. Products pipelines now operated by Standard are located in seven 1955, and la., Kansas near present Mandan, Commencing shares p. May on this Mir.n. (Continued from page 8) call 12-inch manager meet the improved petroleum Creek preferred authorized 18. another step in Standard's increased military and civilian help and $100 its charter stock from amend (Indiana)—New Line Ready— general announced line completes This to to 2,500,000.—V. 173, Dubuque, to of its increase 309-mile new Sugar Creek, Mo., sticker, temporary incorrect. pipelines, General to Standard Oil Co. dates shares authorized and 200,000 authorization SEC stock from 2,000,000 common ? 7%. has received company 125,000 Funds, resident dividend. ca» high cost of removing window parts, cutting, welding; and adding special attachments, it was announced on May 11. The special casements are manufactured in four standard sizes. They below; indicated as facilities, to refund outstanding customer security deposits, to provide adequate working capital and for other corporate purposes.—V. 176, p. 1269. 5-15 25c (quar.) (ouar.)__ $600,000; Proceeds to thereof differ¬ the without the make 20c proceeds the and the amount of $4,500,000 and to advance and the Commission has issued an order giving interested persons until May 27, 1953, to request a hearing thereon: Amarillo Gas Co., $500,000; Amarillo __i unit 9,027,071 ~v • Development Co.—Bank Borrowings— 5-28 5-28 wholly a ._ 25c $2c Co. • dividend Union's 1477. p. , 25c _ Tube 5-15 2 177, f is Aztec program. Union.—V. 7- For designed price 6- Southern of stocks Steclcraft Manufacturing Co., Rossmoyne, Ohio—New Casement Windows Designed for Air Conditioner Units* the Co.—Proposed Distribution— 32»/2c $3c Co., businesses in A 5-15 _ for last 5-15 the President all of them as stockholders on May 15. for distributing the stock of the Aztec Oil & Gas stockholders of Southern Union Gas is expected to be ready disturb is completed 2.00 1 , Service Tennessee 6- (s-a) Bondurant The 5-29 Jquar.) Mr. tension plan not amount 1.50 Co. to in 90 days, C. H. Zachry, President of Southern Union, told stockholders at their meeting on May 20. He said that the plan under discussion 30c the portfolio (which, The company on May 19 announces the election of Julian durant, of Memphis, Tenn., to its board of directors. purchase Gas the of preferred Taylor Oil & Gas Co.—Offer for Stock— 177, p. 2134. Southern Union 6-10 7-15 value Power State Mutual Life Assurance Co. of Worcester, Mass.— Del 6-10 1 1 Corp., plus cash in market Standard New Director— See 7-15 7- Service the the Retirement of the Standard Power preferred is a step in compliance* with Section 11 (b) of the Holding Company Act pursuant to which the Commission in 1942 directed the company to liquidate and dissolve*. —V. 177, p. 2134. 1.50 8- 7- ot volun¬ 7.50 ^ Gregory & Son, Inc.— Harris, Hall stocfc tarily surrendered for exchange, the company will Issue a call to retim by cash payment the balance of such stock at the next regular dividend date in accordance with the provisions of its charter. 5.00 1.50 > Co such the five days succeeding the last date fixed for acceptance of exchange offer. If at least two thirds of the preferred stock is 1.50 7.50 8- (quar.) _ Com. & 3.00 (quar.) Wrigley (Wm.), Jr. Co. (monthly) Monthly Monthly Wurlitzer (R'idolph) Co. Radio 2.00 Co.— & retire at Dec. 31, 1952, was $212.31, including dividend arrearages). The market value of the port¬ folio stocks will be computed on the basis of the average prices f«r* 1.50 Courts 1 price 2.00 7.50 Simmons & to 1.50% New York Hanseatic Corp. The Ohio Company.. $1.25 (quar.) _ Zeigler Coal & Coke Co. Mullaney, Wells & Co Freeman 7-15 2Y2C (F. W.) & Co., Ltd.— preference (s-a) Worumbo Mfg., 5% prior preferred Wright-Hargreaves Mines, Ltd. Youngstown Sheet & & 4.00 Ladenburg Thalmann & Co. 6% _ Marx 2.50 Elunt Ellis Woolworth _ Inc. 34.00% $1.26 common Co. Co. > Co. Public between ence under¬ 31v4c Woodall Industries, Inc., 5% preferred (quar.) W.) several Bear, Stearns & Co.____ 1 25c (P. said to below: & Johnston, Lemon & Co._„ 25c Governor forth 5-15 ; Inc., common Ltd., 5V2 % pfd. sell agree, severally and not jointly, amounts of unsubscribed deben¬ principal 5-29 _ Woolworth underwriters respective 1 6- 27 '/2c preferred (quar.) 5.04% preferred (quar.)_ Woodward set the 6-20 90c (quar.) com. 5% Boats, (G. H.) several to agrees 100,000 Baxter, Williams & Co 5-20 (quar.)___ company Co Lache & Co 5-20 6-30 (quar.) 3.60% preferred (quar.) Wisconsin Public Service Corp., Wizard tures 6-15 1 t$2.50 preferred the and purchase Halsey, Stuart 5-20 7- to 5-29 6-1 $1.06 V* (s-a) whereby the Kirkpatrick-Pettis 7-28 6-10 700,000 _ writers 5-25 6-10 62»/2c (s-a) preferred preferred preferred 5-15 25C preferred & Lovett Grocery Co.. (monthly) Winnipeg Electric Co.— Wisconsin 1 25c Winn & 6- 25C $4.25 non-cum. company has entered into a debenture purchase agreement with Halsey, Stuart & Co. Inc. as representative of the underwriters of the 50c (quar.) 5% Co., The 15c _ Co. Products Wilson (quar.) (quar.) _ & (quar.) Works 6-16 Inc.— Resumed Blake Inc. 1 15C Sons, 5-29 7- 27 fee (quar.) Co. (Clarence) 6-10 25c 20c Paper preferred for the issuance in exchange for each Standard Power preferred, of three shares of the common Duquesne Light Co. and five shares of the common stock e* of 300,000 300,000 1,200,000 —— Robert 5-29 500,000 Fahey, Clark & Co & F. S. Moseley & Co Central Republic Co. 5-15 500,000 McDonald & Co 1,200,000 Marks M. Co 8 The Illinois Co 2,000,000 50c in equitable. Wisconsin 500,000 500,000 2,000,000 White, Weld & Co.___ 5- 500,000 Co 2,000,000 Corp. ! 5-29 5-31 Field, Richards & Co & 2,000,000 Securities 6-15 12 %c (extra) preferred Corp Wertheim & Co 40c Westlnghouse Co. (quar.) Westinghouse Electric Corp., com. <quar.)__ 3.80% preferred B (quar.) B 1 500,000 500,000 Hayden, Miller & Co 6-11 7- Collins redeemed of stock 500,000 Sons & 2,000,000 Co $7 $700,000 Co. Julien Securi¬ 1 $1.25 class 2- Barney & ties Union (quar.) Air Brake Brown Co.— & the 2,000,000 Smith, preferred Milwaukee Alex. Inc. preferred A (quar.)__ Western Tablet & Stationery— The sever¬ company 2,100,000 2 convertible amounts $2,100,000 3 Electric named Kidder, Peabody & Co. 8- common bonds Blyth & Co., Inc 11- Paper, the to purchase from the bonds set forth below: 4-30 30c Westminster purchasers of commitment 1 8-17 Zenith restrictive 6- 11-16 Extra series in more 5-18 $1.25 Wood to the or 1 $1.25 Extra one 6-15 (quar.) 6% any 6- (quar.) Winter of 75c __ A 5% of bonds $25c (quar.)_ A Williams issuance or debentures. preferred Willson payment of maturing installments, $150,000,000 principal amount at any to to amounts outstanding is subject preferred Whitney limited 15c Co. 5% 5V2% (which may not be of the mortgage. INone of the authorized 3Vi % notes, due June 1, 1954 have been issued; borrowings to be evidenced by such notes are expected to commence in June, 1953. §Of such authorized shares, 1,222,147 shares will be reserved initially for issue upon conversion of the time 5% Whitaker indebtedness one by sinking funds amount 5% New share 3,422,010 shs. originally authorized 5-15 Pacific RR. Co. Weston amounts of amounts 1 1 Common 5% the 6- 6- (quar.) Lines. Life Western to show tAuthorized retired of and cash under holders of at least- two-thirds of the pre¬ offer, it is proposed that the remaining stock cash. The Commission has approved the plan n» .Basically, the plan provides 34,220,100 §6,000,000 shs. column reissued) $1.50 Co. Canada Western be and 6-15 (accum.)_ (s-a) "Western Western 34,220,100 (par $7.50) will fair 5-18 addition pfd. 16,589,000 30,000,000 , & Seashore RR.— Guaranteed West 6% 17,500,000 sinking fund debs, due 1973 stock outstanding 34,054 shares voluntary basis in exchange for portfolio securities 125,000,000 1 6- Indies Sugar Corp. Co., 1954 $25,179,000 5 25c (quar.) ___ End $28,000,000 7- Co.— (quar.) Chemical 1 ! 30,000,000 "The figures in this and do not give effect Its a certain circumstances. If the ferred stock accept the 6- $1 West Common 1 of on 20c _ common West West Jersey 6- FINANCING Outstanding 25c _ (quar.) preferred 6-10 PRESENT 50c __ Co. Snowdrift Disinfecting, TO fund bonds— 1973 40c preferred Services. preferred $5 6- (quar.) Co. Co., Jet Wellman West 8 75c convertiole Welex $4 Co. Knitting EFFECT "Authorized 5- $1.13 (quar.) Motor Wayne GIVING 1 Corp.— preferred (quar.) Corp. Washburn CAPITALIZATION tlst mtge. pipe line sink, 3% series due 1968 27/8% series due 1S70 6- Petroleum Waukesha Holders Payable of Rec. 25c (quar.) common (Northam) conv. Warren When Share *9 profit "Net — taxes before provision after loss of $263,000 Stock Option Agreements The Huffines, to^ Jr., for tax $32,000 *$397,000 carry-back refundL Approved— on May 20 approved the granting of stock optica Royal Little, Chairman of the Board and Robert 1«, President to purchase 50,000 shares of common stoefe stockholders agreements 1953 1952»„ $17,445,000 $22,177,000 i vY 50 The Commercial and Financial Chronicle (2294) the of corporation proximately $25 at share. a The is ap¬ market price current United Biscuit Co. of America $10.62'/2. Profit Chairman, announced purchase to before Prov, on May 19 that a contract had inventories, name, goodwill and business of the F. Burkart Manufacturing Co. of St. Louis, Mo., with plants in Pennsylvania, Michigan, Illinois, Missouri, Arkansas and Louisiana. Burkart's principal business is supplying cotton and sisal batts to the automotive trade. The earnings of Burkart for the past six years have averaged $1,450,000 after taxes. Harry J. Burkart, President, has agreed to serve as General Manager of the F. Burkart Manufacturing Co. division of Textron, reporting directly to Robert L. Huffines, Jr. It is anticipated that Mr. Burkart will be elected Vice-President of the signed the Net income Fed, for —- shares "Earnings "After for shareholders. Burkart Owners of 58% Burkart's of agreed to vote for the plan.—V. 177, p. income PEC covering debenture and 80 due of proceeds 13 filed of capital shares bonds share one The May on 1963 stock at to are to $500 be stock offered be unit, per to used in units of $400 one Shirt corporation covering May on $50,000 of and 250 $200 in of units tools letter a 6% shares of notes without underwriting. for operating filed 18 five-year offered and — for used and per of stock common and one notes share with $100) (par stock of Net, sales Net profit the at be to $300 per 1952 for renegotiation provision With $2,761,377 —- $2,113,184 "238,119 1 This Co.—"Brass 15 Busi¬ Means of for screen the and its first color 177, Bellefonte, by Unifilms, Inc., this 16-mm varied and intricate steps involved the manufacture of myriads of brass and concerning use of the film, which runs to: Film Pa.—V. Department, 173, acquired test the Co. Because housing construction has been unable to keep pace with development in British Columbia and Alberta, Canada, this found it necessary to arrange for the construction of for its employees in 10 cities and towns along its 718-mile pipeline route, according to an announcement made on May 15 by H. H. Anderson, Vice-President and General Manager. subsidiary, Dominion their Construction charter erection Co. Ltd.,' locations, Mountain construct been Work schedule calls Housing and the own awarded Vancouver. the and Trans to has to will Ltd. start Cost the of project, approximately including contract, $1,700,000.—V. 177, p. sites p. Bus System, 12 filed a letter of (in par are will used for May 13 10,060 shares covering of share, working capital. on without per with the filed a letter of stock common and J. May on within 30 days. net working p. well is on farm-out a considered Dome Winch xiexa $5) underwriting. The proceeds to with will be be Utana well is scheduled "step-out" a the offered used to The Turner company of New York is Terminal, the new Chrysler New Other building " 1953 York not expected City, and East, co-builder a to of Author¬ the Sinclair Office the United Nations many other insurance company home office as the Pan-American Union Building in Washington structures throughout the buildings the in varying stages of Philadelphia Bulletin's completion which Turner p. excluded 536,326 13 Weeks Ended— Film Mar. 28,'53 "Mar 29'52 rentals, dividends & other operating inc.__ $26,795,961 $21 617,675 on of in distribution film costs film and 15 704 no? __ 1^171 expense Net earnings Earnings per share 6 363 913 +Not ,1 1952 absorbed Union in ' 89 633 190 30Q 76 466 83 032 775,000 Cr762|oOO $1,023,965 on f$723,407 income__; of common stock including depreciation $0.37 of $235,363 and $S45'l-20 during 13 production costs. fLoss.—V. weeks 177, p. Nil during ended 13 weeks March 29 1684. 1,394,200 Outstanding t3,000,000 1,000,000 ' "$150,000 3,000,000 §1,000,000 Insurance banks to under 8,000,000 $12.50) ' ' * V 11500,000 shs. . , 4,950,000 428,221 shs. on 1, 1961 of capital stopk of stock account the value of par increased was by $12.50 earnings each/ and $2,007,237.50 transferred from capital surplus and retained for use in the business. was which of and $1,557,- ' Merrill Lynch, Pierce, ner & Beane Co.. * Fen¬ Harriman. Ripley & Co., Inc. 10.275 39.285 Kuhn, Loeb 10.275 10.275 Smith, 10.275 Clark, Barney & Co. Dodge & Co Inc._ Corp 1/7, pp. 2053 and 2137. v. Estabrook & Co.— & Co._ 10.275 4.670 —— —4.670 White's Auto Stores, Inc.—April Sales Higher— Period.End. April 30— Sales 1953—Month—1952 - $1,650,351 — 17?; 1953—4 Mos.—1952 $1,457,832 $2.02 $5,542,617 $6,148,178 1623. p. "ae ■ 1,394,200 $2.23 to • ■ ■' . 1 Wisconsin Central Ry.—Bids May 28— is expected that bids will be received on May 23 for the purchase t&ls company of $3,930,000 equipment trust certificates to be June 1, 1953, and to mature semirannualljfc.from Dec, 1, 1953, from June'-l, 1968, inclusive.—V. 177, p. 2137, „ $17,000,000 in 1953— 1953 of for program about property $17,000,000. improvements Some $4,600,000 will will require be Wisconsin Hydro Electric Operating revenues Operating an locomotives, 177, box 700 85 cars, covered hoppers and 2014. p. ' Co.—Earnings— March 31— 3 Months Ended expenses 1953 __— taxes—____—______ 1952 $496,864 —„ and income Gross expended $461,058 382,298 416,236 v 80.577 ____■—■ 78,760 _ Interest, Net . and etc., deductions___r_____—_____ income "Earnings share— common shares 145.923 on 22,443 23,082 $58,134 $55,678 $0.40 . per "Based • 1953.—Month—1952 1953—4 Mos.—1952 $14,289,310 $14,054,569 $57,622,108 $56,418,389 177, 2136. p. Waltham Watch A letter cf (estimated proceeds the of at was go $1.87Va to filed stock common about to are two Co.—Filing With SEC— notification shares with (par Fulton, the $1) to share), per Walter selling stockholders.—V. 177, & SEC be on May 15 offered without Hailey at $0.38 —_— outstanding.—V. 176. 1607. p. and David I. shares are a The r?rfC778t;nn 1"cluded of 100,000 shares offered on April 30. 12-500 shares sold to a customer of the company 37,500 shares purchased by the underwriters and reoffered to the public at $15 per share (see V, 177, p. 1907).—V 177 p 2014 and announced with the States issue of $35,000,000 3V2% promissory notes to annually from 1958 to 1973, inclusive. an mature Western Auto Supply Co. Period End. April 30— (Mo.)—April Sales Increased 1953—Month—1952 Sales The 1953—4 Mos.—1952 , proceeds and new from improved the sale stores and the of for notes are to be used to finance 177, p. 2137. working capital.—V. $17,019,000 $12,473,000 $53,837,000 $42,436,000 —V. 177, 2136. p. Worth ington Corp.—To Build Plant in Alabama— The Western Securities Light & Telephone Co., Inc.—Registers With Exchange Commission— and The company on May 18 filed a reegistration statement with the SEC covering 78,202 shares of its convertible preferred stock (cumulative— $25 convertible par, offered for share one record of date. into subscription preferred stock common by common for each dividend The on rate, five a for share stockholders shares record share of date, basis), to the on basis held common subscription of the on price and underwriting terms are to be supplied by amendment. Harris, Hall & Co.,- Inc., is named as the principal underwriter. Net proceeds of the financing will be used by the company to reduce bank loans, incurred in connection with its construction ceeds is estimated it are received. will not exceed $3,200,000 at the program, such pro¬ time contemplated that additional funds to finance the company's continuing construction program will be obtained from treasury funds, internal sources, the sale of minor telephone properties, short-term bank corporation's Ala., for Decatur, announced proval at a loans, if required, and the sale at an p. early date of it company, to finance was the Tourneau, Inc. headed the Mellon by The announced purchase of on May major 11, assets money was borrowed from National Bank & Trust has of a borrowed the'Tennessee the R. group plants, paid for 177, p. at Peoria, certain 2136. of a plant new in a 100-acre tract of land border¬ River, have been in progress for a number of weeks. Estimated that the initial plant and equipment will represent investment of approximately $3,500,000 and will employ up to 40O persons^Construction will begin in June and at present the corpora¬ It is an tion cofttemplates occupancy feet-wide and 240 the of 5, 3, by November. A feet long will be erected 600 line company's mercial sizes of The An self-contained building 10 and 15-ton units, as approximately for the manufacture of air-conditioning buying will contain more than 160,000 well G. of Le- banks 111., current and Toccoa, assets, Ga. principally Another land $6,800,000 inventories. See and square office also units in com¬ related products. as building containing 10,000 square be'i>rovided. architects, new feet feet of building is in the hands of The and contractors, with floor space. floor of space Cleve¬ • Headquarters at Harrison, and Oil and Pa.; Other N. J.; "and foreign and plants plants the organization, located at Buffalo and Wellsville. N. Denver, Minneapolis, Minn, Eleven the largest plant in J. N. Succasunna, City. will Austin Co., principal offices in land, Ohio. $20,- to E. O. Boshell, President of Westinghouse Air Brake Co. company purchased the earthmoving equipment business of LeTnurneau for about $19,500,000. The sale covered V. construction the^acquisition of the plant site, Construction of the Company of Pittsburgh, according machinery the ing 2136. Westinghouse Air Brake Co.—Borrows $30,000 000— The for the May for engineers, 000,000 plans manufacture of air-conditioning equipment were 21 by Hobart C. Ramesy, President, following ap¬ meeting of the board of directors on May 20. Negotiations on It is The part Arranges Private Financing—The company, it was also on May 15, has arranged to place privately Equitable Life Assurance Society of the United market Shivitz, 2014. p. (F. W.) Woolworth Co.—Special Offering—A special offering of 25,000 shares of common stock (par $10) was made on the New York Stock Exchange 011 May 15 by Shearson; Hammill & Co. and Lehman Brothers at $45.50 per share, with a dealer's commission of $1 per share. This offering was completed in 18 minutes.- covering the Underwriting Wire Rope above FINANCING $150,000 contract. 1,254,780 $3,000,000 of additional first mortgage bonds.—V. 177, Corp.—Stock Subscriptions—Of the 50,000 shares of capital stock (par $5) offered to stockhoJders of record April 20 at $15 per share a total of 19,bio shares were subscribed and the remaining 30 384 shares were taken up by the underwriter, P. W. Brooks & Co. Inc., at $13.50 per share. The 1952, net profit aggre¬ PRESENT obligations of the underwriters named below purchase the shares of capital stock not subscribed for upon exercise warrants are subject to certain conditions set forth in the purchase of dated diesel-electric which — •Restated. TO UNDERWRITERS—The to 879. gondolas,—V. 9«i 1 204934 6 593 727 —_——____________________ Provision for Federal taxes iqco EFFECT ____- (par shares 287.50 from roadway property and $12,400,000 for new equipment and improve¬ to existing equipment. New equipment received or to be received in 1953 consists of 27 be ,"11" rentals administration expenses-. tDeprec. of property, plant and equipment 102'902 Contribution to employees' retirement plan—204 791 Interest as company 587,015 1,254,780 ____) p. the amended was two 614. Subs.)—Earnings Higher— Participation 1953, annual capital $2,816,276 Walgreen Co.—April Sales Up— Is newspaper Amortizat 3, . income Period End, April 30— country. Twentieth Century-Fox Film Corp. (& Wholly-Owned Film 10 (d) 4,704,223 $3,114,792 share for such the par 7.520,499 outstanding 10,000 Harvard moth April •___ ments start It has built well major are ended . per unit 1952 9,263.827 6,149,035 foreign the electrical an (& Subs.)—Sales and Income Up— income expenditure 200 new home office, one of the plants in the world, the Kresge and Aldrich Halls University's Business School, and General Electric's mam¬ Appliance Park, near Louisville.—V. 175, largest of as other of other some For the full year Prudential notes stock in —V. The omy. —V. the builder of the Port Building buildings, and The amount $450,000 the on necessary for manufactured result of is Headquarters, of etc. r.m.p., weeks 13 GIVING banks_i 90-day into Oil Arthur K. Atkinson, President, stated on May 19 that the ever increasing cost of doing business can be met only by making im¬ provements to the property which wiU promote efficiency and econ¬ O. in terms are the elected 1954. Building in is as a result of which (a) 3,417 treasury shares were the authorized capital stock was increased to 500,000 shares value of $12.50 per share; (c) each of the 160,583 outstand¬ ing shares of capital stock of the par value of $12.50 each was changed and, if productive, will extend the contains 96 producing wells. The nearest one-quarter mile north of the new drill site. leases further to used retired: (b) to company will build for Connecticut General Life Insurance Co. Hartford a new home office building in Bloomfield five miles out Hartford's business district. Construction ity .Bus is are also indication horsepower, the instruments Instruments the to The Prudential Insurance of America pany of Field Wabash RR. Co.—To Spend for Turner Construction Co.—New Contract— of light, to the producing from be Aug. 1, 1953 and $G0.00J on No/. 1, 1953. fPayinstalments of $300,000 each beginning June 1, 1957 §To be payable in two annual insta.ments of $300,000 each on June 1, 1967 and June 1, 19G8 and S4JO.OOO on June 1, 1969. liOn May 1, 1953, the certificate of incorporation of the com¬ able has British-American taxes 177, where indication "$90,000 payable capital. This before the to Capital now Sales of electricity. loan agreement at It 1583. notification that also engaged in the manufacture instruments for use in commercial Such pro¬ $48,137,277 $43,806,082 "Equal will note 4V4% 3,500 feet. from taxes Dividends Calif.—Files— par 10 The formation at about obtained The before Shares Henry R. Piatt, Jr., now Vice-President the company, to the office of Secretary. Mr. Piatt Westlund, who has retired but remains a director of company.—V. 176, p. 2274. Treasurer replaces the have (Weber) Hamilton Unremitted on ( disclosed commenced which indicating of America T-'-tb "Net new directors offered The the SEC Truax-Traer Coal Co.—Piatt Elected Secretary— The Co. of Income Sold—The working capital.—V. 177, Triad Transformer Corp., Los Angeles, The .corporation for 9 Months Ended March 31— subordinate debentures to be offered on May denominations of $100 each), without underwriting. to be be York. and Sales notification note 41/2% Co.—Acquisition— Vick Chemical Co. covering $140,000 of 1% The proceeds New used be which and accounts re¬ the aggregate amount is principally profit of $255,989. notes — Tri-Boro Finance Co., North Attleboro, Mass.—Files— May to cent) one Co., will inventory Authorized working interest in two 40-acre leases adjacent to the Hot Springs County, Wyo., on which a develop¬ be America applications. of The First Boston 1477. Inc.—Stock electrical but net of company CAPITALIZATION 1773. —V. on & indebtedness repay in stocK. shares agreement $930,372. Co. (par Tellier loan At years. Co, applications a gated at public offering made on May 14 by Equitable Securities Corp. and A. C. Allyn & Co., Inc., of 240,873 shares of common stock (par $1) at $5.75 per Share has been over¬ subscribed and the books closed, it was announced on May 15. See details in V. 177, p. 2135. The company to company were tne Income Transcontinental had under increase capital these loans, EARNINGS—For and overriding approximately 1/4 of 1% in 175,000 acres in the Uintah Basin, and approximately 70,000 acres in the Williston Basin.—V. 176, Con¬ facilities will the of royalties of all dwellings and of temperature, as California Tungsten Corp., notification with the SEC covering The company owns approximately 90,000 acres of Wasatch Plateau and Paradox Basin of Central Utah, White and immediately for completion sale laboratory current, known stock common producing well is located ob¬ has houses. Bennett of i.nucs before freeze-up. $10 and measurement Field, Tensleep leases obtained. area industrial a bank and by the New World Oil Co., Ltd., from whom Utana's lease interest Was company has 101 dwellings 10% Dome well ment Titan Metal Manu¬ Trans Mountain Oil Pipe Line Co.—New Housing Unit for the special of of . of through this of a Hamilton 1588. p. Insurance reduce 2014, p. Officials The wholly-owned of used be Utana Basins Oil Produced and these through June pictures the products. Inquiries 27 minutes, should be made facturing Co., to letter a share per are —V. bronze at 513. p. newest time. film shares cents ceeds formerly filed 14 1,950,000 Manufacturing release the corporation, May on 728. p. in the making of alloys, SEC 176, Uranium Mines of America, Inc., Salt Lake City, Utah production, "Brass Means Business," this company brings the dynamic story of brass manufacturing to the at refunds.—V. of dential sale loans finance to shares the May 15,,1953, bank loans was $7,750,000. In addition, the company has an additional long-term loan of $1,000,000 from the Pru¬ obtained —Files With Securities and Exchange Commission— ness" Film Released— 27 610,384 $1.19 107,055 from bank during recent 4% April 19, 3,135 —... made 3% 1953 taxes___ 176, Metal Titan total 610,384 $0.80 (& Subs.)—Earnings— ____! . after •Loss.—V. several 610,384 $1.12 (Nev.)—Units Publicly Offered Inc., New York, on May 21 publicly offered 225,000 shares of 5% cumulative convertible pre¬ ferred stock (par $1) of this company and 225,000 shares of common stock (par 10 cents) of United Sulphur & Chemical Co., Inc., in units of 50 shares of each class of stock at $50 per unit. These represent the shares not subscribed for by shareholders. See details in V. 177, p. 1477. capital. 16 Weeks Ended— tract $726,916 common additional an short-term company United Minerals Corp. to be used to pay off debt are reduce BUSINESS—The denomina¬ (in Apr.l 25, tained $490,741 outstanding—^— share shares "Includes working notification of debenture The proceeds Tilo Roofing Co., Inc. A 1,398,200 $682,124 — ... sound to 886,700 to PROCEEDS—Proceeds foreign 1,201,800 . . Guaranty Trust Co. of New York has. been appointed agent issuing, transferring, grouping and splitting warrants for sub¬ scription 2,125,116 1,377,441 1,883,924 & bond Sales, Inc., Prescott, Ariz.—Files— tions of $100 each) unit, $13,176,054 $10,457,430 $11,277,974 taxes state without underwriting. buy p.m; The for —Greenfield & Co., Thunderbird The (& Subs.)—Earnings— taxes Earnings capital. SEC income Federal, profit Capital of notification with the (no par) and $32,000 ot letter a 1477. p. on 3:30 ceivable Thru-Vu Vertical Blind Corp., Rye, N. Y.—Files— corporation 177, May. 19, 1953. The subscription offer will expire on June 2, 1953. An underwriting group headed by Merrill Lynch, Pierce, Fenner & Beane will at 1477. Net The held 951,565 $1.09 1953 - before have already $1,126,910 951,565 $1.05 requirements.—V. dividend sales Net "Prov. stock $1,087,891 offering holders of its capital stock (par purchase any unsubscribed shares. Profit the $12.50) rights to subscribe to 107,055 additional shares at $18 per share on the basis of one share for each three Three Months Ended March 31— company and a member of the board and executive committee. sale of Burkart^ assets is subject to approval, prior to .June 30 of $2,416,8/5 l,28t/,ybd outstanding share preferred The 75% x,zlo,uuO United-Carr Fastener Corp. parent of $2,302,891 common per Corp.—Stock Offered— 951,565 $1.06 profit Common Instrument 1951 $1,096,987 taxes-- inc. Electrical 1952 $2,376,987 l.aao.ooO taxes— suate & Weston The company is 1953 3 Months Ended March 31— Acquisition of Burkart Firm— Royal Little, been (& Subs.)—Earnings— Monday, May 25, 1953 ... Colo.; Alhambra, are are with wholly are Newark, Y.; owned located Piainfield, Holyoke, Mass.; subsidiaries at Calif. maintained in Canada; Mexico, England, was also France, —V. Spain, 177, p. Italy, 1843. ' West Germany, Austria, Brazil and Argentina. Volume 177 Number 5223... The Commercial and Financial Chronicle (2295) 51 * STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ALABAMA Cullman, Bond Sale—The assessment bonds 2179 offered & on May 19—v. to bid reflecting a terest cost net in¬ a of about 2.57%. Aeigler, City Comptroller, will receive sealed bids until noon (CST) on June 2 for the purchase of $6,600,refunding, Series 1952 000 general bonds. Dated Oct. 1, 1952. Due on Oct. 1 from 1953 to 1970 inclusive. Bonds maturing in 1958 and there¬ after callable are Oct. of as 1, 1957. Principal and interest (A-O) payable in New York City. Legal¬ ity to be approved by Mitchell & July on from 1 37,000 33/4s. Due 1958 to a July 1 from on 177, —v. City 1970 inclusive. of 2054—were awarded to p. composed group Laidlaw & Bank, New National of Co., William both July 1 from 1954 to 1973 inclusive. of Bonds Bank maturing in 1964 and there¬ after callable are of as July 1, Florida Trust Petersburg. Roughton, City Clerk, will receive sealed & City. Legality to be approved by Bond Offering bids May on until 10 for the 28 D. — Elwood Co., Beverly Hills, at a price of par, a net interest cost of about (CDST) a.m. purchase of 1, 1953. Due 2.75%, of as Jan. 1 on to 1959 inclusive. 2s. 120,000 and 1954. Principal and interest (J-J) payable at the Bank Due on 1962 to Association, San Francisco. Legality to be approved by Or¬ rick, Dahlquist, Herrington & Sutcliffe, of San Francisco. 1 Feb. from 1, 1960 1967 to Feb. 1 from on 1966 inclusive. 560,000 2V2s. Due ings Feb. 1961. 100,000 2V4S. Due of America National Trust & Sav¬ Fresno Due 1956 inclusive. Bonds maturing in 1955 and thereafter are callable 1983 to follows: as $320,000 5s. Jan. 1 from 1954 on 1971 inclusive. 900,000 2%s. Due American Orrick, Dahlquist, Herrington Sutcliffe, of San Francisco. Obispo County, Calif. Bond Sale—The $29,000 build¬ ing bonds offered May 18—v. 177, 2054 p. & America to National the Association, as 4s, at basis of about 3.97%. a CONNECTICUT Mission San Jose School District, Alameda bids until 11 a.m. purchase chase of for $3,700,000 water service water bonds. Due 1, 1952. A bonds. Due 1957 to and Dated Jan. on 1 from interest 1980 inclusive. Principal (A-O) payable in New York City. Legality to be ap¬ proved by Mitchell & Pershing, of New York (CDST) May $36,000 Dated June 15, 1953. the series revenue Oct. time for the pur¬ same Principal and interest payable at the County Treasurer's office. Legality to be approved by Orrick, Dahlquist, Herrington & Sutcliffe, of San Francisco. Glendale, Calif. Bond Sale—The 2 (P. O. May 14 Oracle), New Bond Sale—The $30,000 build¬ ing bonds offered May 18—v. 177, p. 2179—were awarded to Refsnes, 4y2s. ■ & Co., of Phoenix, gv . v. a $100,000 3%s. Due to June 1 from on 1973 inclusive. County son, T. Paasch, County Clerk, will receive sealed Offering sealed — will his at receive office in San Bernardino, until 11 a.m. (CDST) on May 25 for the purchase of til; 11 a.m. (CDST) on May 26 for $160,000 building bonds. Dated the purchase of $2,000,000 build¬ May 15, 1953. Due on May 15 from ing bonds. Dated April 15, 1951. 1954 to 1973 inclusive. Principal Due on April 15 from 1954 to 1971 and interest (M-N) payable at the bids in his office in Martinez, inclusive. Principal payable at (A-O) County Treasurer's office. Legality to be approved by Orrick, Dahlquist, Herrington & Sutcliffe, of San County Treasurer's office. Legal¬ ity to be approved by O'Melveny & Myers, of Los Angeles. Jefferson San Francisco. Bond Arcade School District, Sacramento County, Calif. v* Bond ing, wood School District, Mateo County, Calif. Offering—John A. Brun- County sealed Offering— C. C. LaRue, Elem. bids Clerk, at his will office City, until 10 receive in on bids until 10 (CDST) on May 25 for the purchase of $136,000 building bonds. Dated June 15, $840,000 1953. and interest payable at the to Due 1978 on June inclusive. 15 from 1955 Principal and June 2 for the June building 1, 1953. Due 1954 to 1975 Red¬ (CDST) a.m. County Clerk, will receive sealed a.m. purchase bonds. of Dated June 1 from on inclusive. County of San Francisco. Fresno County, Bond Offering — J. L. Brown, County Clerk, will receive sealed 10:30 the his office a.m.' (CDST) purchase bonds. in Dated Fresno on until June 2 for of $96,000 building June 1, 1953. Due June 1 from 1954 to 1971 inclu¬ on sive. Principal and interest (J-D) payable at the County Treasurer's Cardiff School District, San Diego County, Calif. Bond Sale—The $49,000 build¬ ing bonds offered May 19—v. 177, 2179 Bank & of — were America Savings Francisco, at net as ' interest awarded Association, a to National Offering San price of 100.14, cost of about follows: Alameda Calif. — John Joseph Kingston, County Clerk, will ceive sealed ;;bids (CDST) chase of until 11 May 26 for the on pur¬ $160$00 building bonds. Dated July 1,1953. Due on July 1 1978 inclusive. Prin¬ cipal and interest (J-J) payable at the County Treasurer's office. Le¬ gality to be approved by Orrick, Dahlquist, Herrington & Sutcliffe, of San Francisco. v Marin County Municipal Water District (P. O. San Rafael), California a 3.75%, Bond Sale—The $2,000,000 a price of 100.32, a Stamford, Conn. Bond u"! fhpley r«iner' p & Co., Inc., Angeles, 100.98, 2.70s, as basis a S all f of w New at a of about on June 2055—were awarded to Cooley gality approved by Orrick, Dahl¬ Herrington & Sutcliffe, of Bond water Calif. Sale—The offered $575,000 sewer May 18—v. 177, awarded to a p. group to Sale revenue — The $3,500,000 bonds offered May syndicate composed of John a Nuveen of price of 100.03, a Oakland, at a New York, Barcus, Kindred & Co., Wheeler & Alleman, about 2.90%, 1972 270,000 3s. Due 1973 to 1983 sewer Sale bonds offered May Housing and Home Agency, at a price of par. San Pablo Sanitary District, Contra Costa County, Calif. Offering—Roy H. Cleek, Secretary of the Board of Di¬ until will June $938,000 Dated 1954 to 3 receive for sealed bids the purchase of improvement bonds. June 1984 15, 1953. Due from inclusive. Stockton Pert District, San Sale — Ellis Sim- & of 100.14, 9 a price net interest cost of a one/ fnnms,c. ac about 2*80%* as follows$285,000 2s, Due on Dec. 1 from — 1954 to 1958 inclusive. . 615,000 23/4s. Due ^ to 1959 400,000 Due 3s. 1968 to Dec. 1 from on inclusive.- 1967 on Dec. from 1 inclusive. 1972 Cook County (P. O. Chicago), Bond Offering — Richard III. J. bids his office at at Room 547, Court House, Chicago 2, un¬ til 10 a.m. (CDST) on June 2 for the purchase of $2,190,000 bonds, follows: as $1,680,000 county bonds. Due Dated 500,000 voting Dated Dec. home, Sept. 1, 1951 1951. Sept. 1, 1961. on machine, bonds. 1, 1947. Due on Dec. 1, 1957. Principal and interest payable the County Treasurer's office, Legality to be approved by Chap¬ at & man Cutler, of Chicago. Cook County Community Con. 15 (P. O. Palatine), III. Sch. Dist. Bond No. Offering A. Wilfred — Muller, Secretary of the Board of Education, will receive sealed bids until 8:30 (DST) p.m. on June 3 for the purchase of $706,000 build¬ 1953. Due on inclusive. Interest Jan. 1 1955 to 1973 J-D. Legality 177, p. 1723—were awarded to a ' to be approved by Chapman & syndicate headed by Halsey, Cutler, of Chicago. Stuart & Co., New York, at a price 1 of par, a net interest cost of about (Du ^ag*n ^unT^, x (P. O. Wheaton), III. 3.47%, as follows: _ . $827,000 3J/2s. Due from 1955 to 110,000 3V8S. March on 1 Mildred the Gra¬ of Board March 1, Education, will receive sealed bids until 8 p.m. (CDST) on May 25 Due on March 1, for the purchase of $114,000 3%s. March 1, Due on March 1* Due on 1965. on Oct 1 from sive. from 1966 to 1977 members of inclusive. the syndi¬ & Co., Kid¬ der, Peabody & Co., both of New York, Trust Co. of Georgia, At¬ lanta, Mullaney, Wells & Co., of Bond Offering—Thos. S. Louttit, Chicago, First of Michigan Corpo¬ Secretary, will receive sealed bids ration, of New York, Pierce-Carat his office in Stockton, until 4 rison Corporation, of Jacksonville, p.m. (CDST) on May 25 for the Leedy, Wheeler & Alleman. of Or¬ lando, Stranahan, Harris & Co. of July 1, 1953. Due on Toledo, of build¬ ing bonds. Dated June 1, 1953. Due 1,833,000 3V2S. Other Secretary — on 1964. 117,000 Offering Due 1963. 3V4s. Bond ham, 1962 inclusive. County, Calif. bonds. Dated Blunt and McMaster, Hutchinson ing and site bonds. Dated July 1, Fla. The $3,000,000 cate: B. J. Van Ingen Joaquin Na¬ Illinois v. 113,000 Bond rectors Bond Tax School (P.O. building bonds offered May 20— to the Federal Finance 1 Bartow), — revenue District No. June 15 from inclusive. Sanitary District, County, Calif. The $30,000 2%% Ventura County Special inclusive. on Port Hueneme Bond Polk June 15 from on First Continental Toledo, C0;> monS) follows: as of composed Bank, National Bank & Trust Co., both 0f Chicago, Braun, Bosworth & net interest cost from 1958 to 1967 inclusive. 95,000 2%s. Due tional of Orlando, Piper, Jaffray & Hopwood, of Minneapolis, Townsend, Dabney & $60,000 4V2s. Due on June 15 from Tyson, of Boston, E. Ray Allen & Co., of Chicago, and Cohu & 1954 to 1957 inclusive. 150,000 2V2S. Due on June 15 Co., of New York. of Counties 177, p. 2055—were awarded to group & of Chicago, Gregory & Son, of tion, Blyth & Co., Merrill Lynch, New York, Dwinnell, Harkness Pierce, Fenner & Beane, Heller, & Hill, of Boston, Wm. J. Mericka Bruce & Co., Lawson, Levy & & Co., of Cleveland, Atwill & Co., Williams, and Stone & Yoiingberg, of Miami Beach, Burns, Corbett & all of San Francisco, and C. N. Pichard, Inc., of Chicago, Leedy, Co., Cumberland and Community Unit Sch. Dist. No. 1 (P. O. Charleston), III. Bond Sale The $1,300,000 building bonds offered May 18— Co., of Chicago, Ira Haupt & Co., Allen & Co., both of National Trust & Savings Associa¬ & ILLINOIS Coles 20—v. 177, p. 1947—were awarded composed of the Bank of America White in¬ (J-D) payable at the Trust Company of Georgia, Atlanta. Le¬ gality to be approved by Spalding, Sibley, Troutman & Kelley, of At¬ sealed Miami, Fla. San Francisco. 2054—were Principal and terest Daley, County Clerk, will receive FLORIDA quist, bonds June 1 from 1954 to on inclusive. & Co., Hartford, as 2V4S, at a price of 100.13, a basis of about 2.23%. 1957 to 1976 inclusive. Le¬ Petaluma, v of 2.63%. Interest J-D. Due Bond hospital bonds. Dated June 1, 1953. Due S)r ^•11dder' pJ;a~ & Co., both of Chicago, at c ^ j rfu w' York, and Chas, W. $1,150,- Scranton & Co., of New Haven 000 building bonds was awarded as 2.30s, at a price of 100.27, a on May 18 to a group composed basis of about 2.26%. of Halsey, Stuart & Co., Goldman, Suffield (P. O. Suffield), Conn. Sachs & Co., White, Weld & Co., Bond Sale—The $564,000 school and R. W. Pressprich & Co., all of New York, and Fred D. Blake & bonds offered May 19—v. 177, p. Sale—An issue Los 000 a Sale—The $2,025,000 pub¬ Harriman Palo Alto Unified School District, Santa Clara County, Calif. price of (EST) on May 25 for the purchase of $500,- v. County im¬ •j purchase of $1,000,000 transit shed provement bonds offered May 19 Salomon Legality to Joe lic improvement bonds offered approved by Orrick, Dahlquist, May 20—v, 177, p. 2179 — were Herrington & Sutcliffe, of San awarded to a group composed of Bond sealed bids until 2 p.m. — at interest the Treasurer's office. re¬ a.m. the Trust of Dist., County, Bond and at 19—v. 177, p. 2179—were awarded Sch. j from 1954 to office. p. bids until June 30 for the purchase of $590,000 building, series A Livermore Principal payable 1968 to Mesa-Spring Valley Sch. Dist., San Diego County, Calif. Bond Offering—Marie Nasland, County Clerk, will receive sealed bonds. California at (J-J) • Cantua Sch. Dist., bids inclusive. ' to basis of about 2.05%. Treasurer's office. La 2.10s, as Principal interest (J-D) payable at the County Treasurer's office. Legal¬ ity to be approved by Orrick, Dahlquist. Herrington & Sutcliffe, school, July 1 from 1954 to 1978 on un¬ interest and the $50,000 "awarded Bros. & Hutzler, and R. D. White & Co., both of New York, jointly, Due 1 from Harry L. Alli¬ Clerk, bids of un¬ May 26 for 2179—were series A bonds. Dated July 1, 1953. Co., Hinkley Sch. Dist., San Bernardino Bond California Offering—W. June 1 from on County, Calif. District, Centra Costa County, Bond Corp., 1954 to 1957 inclusive. 400,000 2y2s. Due School were — York, 1958 Unified 1723 p. follows: as as >•;;; Oak 177, at a price of 100.04, net interest cost of about 2.55%, CALIFORNIA . Antioch-Live — purchase Oakland, on elec¬ bonds offered awarded to the First Boston Arizona Ely, Beck revenue (CDST) a.m. of Roads and Revenues, will receive County, Francisco. $500,000 tric works County School District the June 15 from 1956 to 1973 on City. No. til 11 inclusive. ARIZONA Pinal on of W. John¬ Commissioner lanta. 26 Sewer 13 Offering—Erin County son, Trust of San price of a St. County (P. O. Waycross),, Ga. 1973 Savings 100.21, awarded were — of of GEORGIA Bond Sunnyside School District, San Luis Co., Ware & 1972 to 1980 inclusive. County Water Works Dist. No. Securities Company, San Francisco, or at the City Bank, New York Francisco, Feb. 1 from on the National Bank Feb. 1 from on at bids at the and Savings & Har¬ rison, both of Cincinnati, and the payable Commissioners will receive sealed Water of Provident Trust Co., Breed Co., Los Angeles, First of Mich¬ igan Corp., New York, William Blair & Co., Chicago, and Taylor Fresno, Calif. bids at his office in Board & (J-J) Staats R. Simsbury (P. O. Simsbury), Conn. Calif. Bond Offering — John Joseph, Bond Sale—The $480,000 school County Clerk, will receive sealed bonds offered May 18—v. 177, p. v Chicago, 1963. Principal and interest York, & (P. O. Fresno), Calif. Bond Offering — J. L. Brown, County Clerk, will receive sealed Pershing, of New York City. ; Due $450,000 Off-street Parking Reve¬ nue, Series A bonds. Dated May Mobile, Ala. Offering—H. G. Bond 4s. 1954 to 1957 inclusive. 177, p. Berney Co., and Hugo Marx & of Birmingham, joint¬ both ly, $156,000 special improvement awarded were — Perry Co. street $12,000 V' Ala. Barcus, Kindred & 1954 to 1971 inclu¬ Principal and interest (A-O) at such bank or trust payable company as between the said may District. be agreed purchaser Legality to upon and the be ap¬ proved by Chapman & Cutler, of Chicago. Jacksonville, III. Bond revenue Sale—The $340,000 water bonds offered May 18—v. 177, p. 2055—were awarded to John Nuveen & Co., and Harris, Hall & Co.,' Co., both of Chicago, jointly, at a 52 The Commercial and Financial (2296) Princeton price of 100.06, a net interest cost ut about 3.10%, as follows: School about 1.97%. bonds offered May Improvement 18—v. 177, 2180—were awarded p. composed of Harriman, Ripley & Co., Inc., New York, Northern Trust Co., Chicago, Reinholdt & Gardner, of St. Louis, and McCormick & Co., Chicago, to group a Washington Township (P. Indianapolis), Ind. $975,000 sewer 1954 Rapids Sale Bond — 177, p. 2055—were awarded to William Blair & Co., Chicago, and E. Marion — Swinford, Town Clerk-Treasurer, wijl receive sealed bids until 6 pan. (CST) on June 2 for the pur¬ chase of $92,000 water works rev¬ enue bonds. Dated June 1, 1953. 3t>ue and 1 Jan. on inclusive. 1955 from 1990 to Bonds maturing in 1961 thereafter callable are of as .July 1, 1960. Principal and inter¬ est (J-J) payable at the Speedway State Bank,, Speedway. Legality to be approved by Ross, McCord, Moulton & H. R. Offering 100.94, a basis of about 2.15%. Center Point Indep. Offering—A. Bond Secretary of will rectors, Bond iiis, ceive sealed (CST) of Due ' 6 follows: as School Township bonds. semi-annually from July Due semi-annually from July 1, 1954 to Jan. 1, 1964 incl. and April Principal interest (J-J) payable at the Bremen 1, State 1953. Bank. Legality bonds offered May 177, p. 1948—were awarded the Northern cago, as 2Y4s, at Trust a Chi¬ Co., price of 100.51, basis of about 2.18%. a . Township (P. O. Mill Creek), Ind. Bond Sale—The $38,000 School Civil Township building bonds offered May 15—v. 4948—were awarded 177, p. Frank to E. Hailstone & Co., of Cincinnati, as 2%s, at a price of 100.30, a or man & Turnpike of sive. Bonds basis bonds refunding revenue Me. 1953. be to as maturing in 1958 are cluded Joseph T. Sayward, Chair¬ of the Maine - approved by Stinson, Mag, Offering—J. will C. receive Walker, sealed bids until 7:30 p.m. (CST) on June 9 for the purchase of $3,000,000 toll bridge revenue bonds. Dated June 1, 1953. Due on June 1, 1983. Principal and interest payable at the State Treasurer's office. Le¬ Wichita Indep. Sch. Dist. No. 1, Kansas Bond representing Henry S. to and from Sale — The $3,000,000 building bonds offered May 18— v. 177, p. 1845—were awarded to a group composed of Lehman Bros., Union Securities Corp., 1954 to and in¬ First Na¬ the at of The awarded & 2.23%. Lowell, Bond MICHIGAN Alpena, Mich. Bond Offering—Edward Seguin, Portland, ville & A. of May 21 were composed group awarded to of of J. Incorporated; P. Ren¬ Morgan Robie Mitchell C. of and Pershing; pany Stifel, Nicolaus the National Bank $800,000 May 20 was awarded Security Trust Co., Lynn, at 1.47% The discount. notes are due on Nov. 13, Legality to be approved by Storey, Thorndike, Palmer & pike has largely set the pattern f<?r toll road financing all over the country. group the 1953. Dodge, of Boston. com¬ posed of 237 investment banking firms was headed by Tripp & Co., Mich. District, The — $7,650,000 building bonds offered May 20— 177, p. 2181—were awarded to 34 syndicate Forgan & headed Co., price of 100.02, of about New Glore, by York, at a net interest cost a 2.50%, follows: as $1,535,000 3s. Due on April 1 from Middlesex County 2y2s. Due April on 1 from 1960 to 1962 inclusive. 2y4s. 955,000 1963 and 3,835,000 from Due April on 1, 1964. 2V2S. Due April on 1 1965 to 1971 inclusive. Other members of the syndicate: C. J. Devine & Co., of New York, National Salomon Bank, of Boston, Securities Corporation, Bros. & Hutzler, Hall¬ & Co., R. L. Day & Co., all of New York, California Bank, of Los Smith, notes offered underwriting Sale v. State ing toll road financed entirely by private capital, the Maine Turn¬ The First dated Lynn, Mass. & to School Arbor garten the at are Dodge, of Boston. fully self-support¬ trust com¬ or of Detroit. First bonds Note Sale—The issue of first bank a chaser. Legality to be approved by Miller, Canfield, Paddock & Stone, Equitable Co., Inc. As as 3s, at basis of about Legality to be approved by Storey, Thorndike, Palmer & Tripp and Harry W. Faath Tripp & Co., Inc. and John M. of a of Boston. Jerome Due to be designated by the puri able L. revenue 1953. 1, July 1 from 1955 to 1964 inclu¬ sive. Principal and interest (J-J) May 1, 1953. Principal and interest pay¬ L. Lancaster price of 100.67, The Mitchell and Robert L. Mitchell of system June Dated on Harriman 2.92%. Portland, Maine; Yetman Co. Commerce p.m. supply bonds. Weeks, all of New York, of 8 the water $722,000 bonds a Bank for 25 receive sealed (EST) on May purchase of $400,000 will Clerk, until 1,325,000 Mass. Sale—The Ripley & Co., Inc., Kidder, Peabody & Co., and Hornblower & Boston; Ald^n H. Sawyer of the 15, Legal¬ 1955 to 1959 inclusive. offered Authority; Walter N. May Nov. 6, 1953. Boston. Bond Hutzler, and Hemphill, Noyes & Co., both of New York, jointly, as 2.40s, at a price of 100.62, a basis of about a dated are on ity to be approved by Storey, Thorndike, Palmer & Dodge, of Mass. 2180—were p. notes 1953. Due Boston. Salomon Bros. Turnpike Au¬ the Parker 1 1, Principal Burnett of the First National Bank National Leavenworth, Kan. Clerk, June on Holyoke. 177, —v. Co., of Waltham, at 1.294% discount. payable at June of City. Bond also Newton-Waltham bids Bond Sale — The $400,000 gas and electric bonds offered May 19 of March 1, 1957. Thomson, McEvers and Fizzell, of Kansas inclusive. $75,000,000 Maine notes $700,000 May 15 were awarded to Bank & offered Ann Prin¬ thority, William B. Getchell, Jr., Executive Director, Lucius D. cipal and interest payable at the Barrows and George D. Varney, State Treasurer's office. Legality callable Due 1968 payable man Waltham, Mass. Sale—The Note City dated are Bank in¬ approved by Storey, Thorn¬ dike, Palmer & Dodge, of Boston. Principal and in¬ at the National 2.65%. notes tional Those present at the closing 1, $37,500 water May 21—v. 177, p. terest unusual and most successful piece of tax-exempt bond financing. June Townsend, Dabney & Tyson, of Boston, as 2.70s, at a price of 100.31, a basis Issue Authority Turnpike revenue and refunding bonds at the office of J. P. Morgan & Co. Dated Sale—The Investors— Individual by Hospital, Legality Boston. of Bank tional to be re¬ a.m. on 1953. June 1 from 1954 to offered The Bond will 11:30 2181—were awarded to # Authority, Recent terest Bank, Boston. of about Bulk notes. on payable Bond Cutler, of Chicago. Maine Kil- Due Principal and in¬ payable at the First Na¬ Trust W. Holliston, Mass. at any bank speci¬ MAINE until Tuberculosis inclusive. Shawmut successful the bids 1953 terest bidders. Legality to be approved by Chap¬ by on June Incorporated, New York, on May 20 marked the culmination of an of $1,500,000 gality to be approved by Chap¬ man & Cutler, of Chicago. Lincoln and fied (CST) purchase improvement, series 1953 1, 1953, Due on March 1 from 1954 to 1973 inclu¬ City City, Ind. improvement to sealed to Bond Sale—The $165,000 school 19—v. a.m. Brooks, and McCord, Ice Miller, of Indianapolis. La Porte School 10 1958 Board Turnpike receive will works water fee approved by Ross, & Treasurer, of 1953. Due bonds. O. May 28 for the purchase on $35,000 Act (CST) purchase of office of the Parish School bonds. Dated June 1, 1954 to Jan. 1, 1964 incl. 160,000 Civil Township bonds. Dated the for 2 p.m. May 25 for the purchase on $340,000 bonds, $180,000 until bids re¬ E. Offering—F. bids until will Dorado, Kan. Clerk, (DST) of receive a.m. Treasurer, ceive sealed Dated June 1, 1953. Due on June 1 from 1954 to 1973 inclusive. Principal and interest (J-D) payable at the building $450,000 Taken City 10 the for 16 with the issue of An- O. until bids June on County roy, (P. 1953. 21, May 17, the Mass. Offering—Ernest Closing ceremonies in connection KANSAS El Note Edward will Board, Di¬ and the Board of receive sealed bids until 8 p.m. Bond Trustee, Shearer, sealed 000 school bonds. Ind. Offering—Ernest Township R. (CST) on May 25 for the purchase of $190,open Township (P. O. Bremen), Sch. Dist., Iowa Ice & Miller, of Indianapolis. German Co., San Fran¬ cisco, jointly, as 2y4s, at a price of B. — County Taunton), Con. Sch. Dist. (P. O. Franklin), La. School ish $2,750,000 The Bristol St. Mary Parish Offering 1, Legality to be approved by Ropes, Gray, Best, Coolidge & Rugg, of Boston. Judell, of New Orleans. 1 Dated Nov. National Bank of Boston. Boudreaux, Secretary of the Par¬ Independent School District, Iowa v. Ind. Clermont, Bond & Bond building bonds offered May 20— INDIANA 1953. Principal and interest payable at the Second 1953. Aug. 1948—were awarded Trust Co., Indi¬ Fletcher Cedar inclusive. 1968 to 1971 1, Dated June Dated reve¬ on No. 275,000 2%s. Due on Oct. 1 from sewerage ity to be approved by Foley, Fox the 1967 inclusive. and June on from 1954 to 1963 inclusive. 1 Aug. 1, 1958. Interest F-A. Legal¬ The — Due IOWA to 55,000 school bonds. Due a.m. works bonds. nue anapolis, as 2s, at a price of 100.012, a basis of about 1.99%. $700,000 2V2S. Due on Dec. 1 from receive sealed (CST) on June purchase of $1,250,000 10 the for II of Boston, discount. 1.449% June on Monday, May 25, 1953 ... the First National Bank at 1 from 1954 to 1978 inclusive. will Clerk, City bids until $142,000 sewer bonds. Due A. T. Maund, — funding bonds offered May follows: as Offering $8,000 judg¬ Sale 11—v. 177, p. to Bond Aug. 1 from 1955 to 1983 inclusive. Bonds are callable as of Bond ment O. fol¬ as , Jennings, La. water III. Lincoln, Sale—The lows: Bond Sale—The $154,000 buila$190,000 3V4s. Due on June 1 from ing bonds offered May 15—v. 177, p. 1948—were awarded to the Gib¬ 1954 to 1966 inclusive. son County Bank, Princeton, as 150,000 3s. Due on June 1 from 2s, at a price of 100.10, a basis of 1967 to 1972 inclusive. Bond purchase of $197,000 bonds, LOUISIANA City, Ind. " Chronicle Angeles, of New Dick York, & Merle- National Bank, sperger, of Newark, : RaffenHughes & Co., of Indi¬ anapolis, Mullaney, Wells & Co., Byllesby & Co., both of Chi¬ cago, First National Bank, of Memphis, First Securities Com¬ pany of Chicago, National City Bank, of Cleveland, Sills, Fairman & Harris, of Chicago, Van Alstyne, H. M. Noel (P. O. Corp., Wood, Gundy & Co., Inc., both of New, and F. S. Yantis & Co., of Chicago. Cambridge), Mass. Lynch, Pierce, Fenner & Inc. of New York and Stifel^ Nico¬ Bond Sale—The $250,000 notes A. C. Allyn & Co., and laus & Co., Inc. of Chicago and offered May 19—v. 177, p. 2181— Cannon Township Frac. Sch. Dist. Bond Sale—The $100,000 sewer Hallgarten & Co., all of New York, No. 6 (P. 0. 4120 Pettis, N. E., St. Louis. were awarded to the Boston Safe construction bonds offered May 15 Harris, Hall & Co., Chicago, F. S. R. No. 2 Ada), Mich. To offset difficult bond market Deposit & Trust Co., Boston, at Moseley & Co., Eldredge & Co., —y. 177, p. 2055—were awarded Bond Offering—Helen Vreden1.30% discount plus a premium of Francis I. du Pont & Co., and conditions and a lack of institu¬ to, Raff ersperger, Hughes & Co., $1. burg, Director, will receive sealed Chas. E. Weigold & Co., all of tional funds for investment, the Indianapolis, as 2y4s, at a price of bids until 7 p.m. (EST) on June 4 New York, and McDonald-Moore managers departed somewhat Newbury port, Mass. 100.43, a basis of about 2,17%. for the purchase of $22,500 build¬ & Co., of Detroit, at a price of from routine sales methods. Dur¬ Bond Offering — Charles E. Marion Township (P. O. ing bonds. Dated May 1, 1953. Due 100.04, a net interest cost of about ing the past six months more than Houghton, City Treasurer, will re¬ on April 1 from 1954 to 1971 in¬ Patricksbwg), Ind. 2.51%, as follows: 100,000 engineers' reports, bro¬ ceive sealed bids c/o The Mer¬ clusive. Bonds are callable as of Bond Offering — Fred Fulk, $750,000 4s. Due on Oct. 1 from chures, official statements and chants National Bank of Boston, April 1, 1958. Principal and in¬ 1954 to 1958 inclusive. sales memoranda were distributed Room Township Trustee, will receive 308, 30 State Street, Boston terest (A-Q) payable at a bank sealed bids until 1 p.m. (CST) on 1,200,000 2^s. Due on Oct. 1 from in a nationwide advertising and 6, until 11 a.m. (DST) on May 27 or trust company to be designated 1959 to 1966 inclusive. June 3 for the purchase of educational campaign., for the purchase of $150,000 bonds $35,000 by the purchaser. 1,050,000 2V2S. Due on Oct. 1 from bonds, as follows: This, in addition to the 4% tax- as follows: 1967 to 1973 inclusive. $17,500 School Township bonds. exempt yield on the bonds which $90,000 school repair bonds. Due Clinton Township Sch. Dist. Due semi-annually from July proved attractive to individuals, on June 1 from 1954 to 1963 KENTUCKY No. 6, Mich. 1, 1954 to Jan. 1 1966 incl. inclusive. helped in selling most of the large Bond Offering—R. Henrechsen, Elizabethtown, Ky. 17,500 Civil Township bonds. Due issue to the smaller individual 60,000 water mains bonds. Due on Director, will receive sealed bids Bond Sale—The $40,000 school investor rather r semi-annually from July 1 than to large in¬ June 1 from 1954 to 1968 incl. until 8 p.m. (EST) on May 27 for 1954 to Jan. 1, 1956 inclusive. building revenue bonds offered stitutional buyers. It is estimated Dated June 1, 1953. Principal the purchase of $170,000 building Dated May 1, 1953. Principal May 18 — v. 177, p. 2180 — were by the managers that considerably and interest payable at the Mer¬ bonds. Dated March 1, 1953. Due and interest (J-J) payable at the awarded to J. J. B. Hilliard & more than 5,000 sales were made chants National Bank of Boston. on April 1 from 1954 to 1971 in¬ Son, of Louisville, as 2y4s. to individual investors in amounts Owen County State Bank of Legality to be approved by Storey, clusive. Bonds maturing in 1959 Spencer. Legality to be approved ranging from $1,000 to $25,000. Mayfield, Ky. Thorndike, Palmer & Dodge, of are callable as of April 1, 1957. by Ross, McCord, Ice & Miller, Bond Sale—The $575,000 water Boston. Principal and interest (A-O) pay¬ of Indianapolis. MASSACHUSETTS and sewer revenue bonds offered able at a bank or trust company Quincy, Mass. May 18—v. 177, p. 2055 — were to be designated by the purchaser. North Vernon, Ind. Amherst, Mass. Note Sale The $750,000 notes awarded to a group composed of Legality to be approved by Miller, Bond Offering — Gertrude L. offered Bond Sale—The $250,000 water May 19—v. 177, p. 2181-f Equitable Securities Corp., Nash¬ fworks refunding and improvement were awarded to the National Canfield, Paddock & Stone, of De¬ ville, Stein Bros. & Boyce, of Fitzgerald, Town Treasurer, will troit. bonds offered May 15—v. 177, Shawmut Bank of p. Louisville, A. C. Allyn & Co., Chi¬ receive Boston, at sealed bids in care of The 2055—were awarded to the City 1.35% discount, Garden City School District, Mich. cago, Bohmer - Reinhart & Co., Second National Bank of Boston, Securities Corp., Indianapolis, as Cincinnati, and .Hermitage Secur¬ Bond Sale—The $740,000 build¬ Taunton, Mass. $%s, at a price of 100.92, a basis ities Co., Nashville, as 3^s and III Franklin Street, Boston, until Note Sale—-The $300,000 notes ing bonds offered May 18—v. 177, of about 3.55%. . 11 a.m., (DST) on May 26 for, the offered 3%s, at a price of par.^ <, ,1 .. 1 May 19 were awarded to p. 2181—were awarded to a group of about 2.44%. Marion, ' Merrill Beane, Ind. * , — * . . . Number 5223 Volume 177 The Commercial and Financial Chronicle ... composed Chemical don, Midland, of McDougal & Con¬ Channer Securities Corp., Central Republic Co., all of Chi¬ Bond price of 100.05, a interest cost of about 4.18%, of Chicago, at a until $620,000 4%s. Due on Oct. 1 from June on Mich. Pointe Farms, Grosse Sale—The Bond $500,000 & Shann to jointly, at of cost interest as composed Co., and Hazel Park, Mich. assessment sewer ?. : McDonald-Moore of V. Sattley at price of a interest cost follows: '* 1 "■*■« 1962 1957. ■ Minneapolis, Juran & St. of Paul, Sale—The Bond Jackson Webber, at cago, $500,000 Bond price of a of Chi¬ Curtis, par, terest cost of about City mu¬ & Co., all of Minneapolis, price of par, a net interest of about 3.35%, $190,000 2.90s. Due 1956 to follows: as > May 1 from on 1964 inclusive. 180,000 3y4s. Due net in¬ a 1965 to on June 1 from 1972 to plus $40,000 314s. Due on April 1 from 170,000 3s. Due on April 1 from p. City will 2056—were & bids until 7:30 p.m. (CST) on June 2 the for purchase of on Dated March 1, $210,000 1953 Anoka No. 1953. Due and Bonds 1983 inclusive. March terest 1, are callable p. of as 1964. Principal and in¬ as payable at the City Treasurer's office. Legality to be approved Miller, by Sale Canfield, above issue Postponed was — Offering—John W. Village Clerk, will Stan¬ receive (CST) July 15, 1953. Due from waukee, 100.82, v. - 177, on 1955 to on July Indep. Sch. Dist. Norman of Minneapolis 3V2S. 1962 and thereafter p. 1949—were awarded Jaffray & Hopwood, of Minneapolis, as 3s and 3.20s, at a County ceive sealed of Bond Offering Legality to be approved by Mil¬ — until 1, 1953. 1956 11 the , nated by the County Sch. Dist. No. 12, (P. O. Baker), Mont. f sold was $185,000 sew¬ Zahner to & follows:. ,1954 to 1958 inclusive. 43,000 3s. Due Feb. from 15 1959 to 1963 inclusive. on 1967 to on 1973 Feb. from bonds inclusive. are June dated 15, 1953. Principal and interest (F-A) payable at the First National Kansas City. Legality ap¬ proved by Stinson, Mag, Thomson, McEvers & Fizzell, of Kansas City. Bank, to Bond Sale—George K. Baum & Co., and Stern & Co., both Bros. of Kansas City, jointly, purchased $290,000 water works revenue bonds, as 3%s, and 4s. Dated March 1, 1953. Legality approved by Charles & Trauernicht, of St. as obligation general 675,000 follows: Mont. Alice M. — Jaqueth, City Clerk, will receive sealed bids June until 18 $325,000 for 10 Dated est J-J. ... ; Postponed was 1949—but p. 1953. Inter¬ 1, ..'v.'"--: Sale 120,000 The — originally sched¬ May 14—v. 177, on the sale postponed because of had to County Sch. Dist. No»> 9 (P. O. Cartersville), Mont. Offering — H. T. Panick, Bond Clerk will of the receive Board of sealed Trustees, bids until Toole County Sch. Dist. No. 2G (P. O. Shelby), Mont. Offering — Mr. H. J. Bond ceive sealed (MST) on bids until 1 re¬ p.m. June 1 for the purchase of $12,000 building bonds. Dated 10, 1953. Interest J-D. June NEVADA k County (P. Fallon), Nev. 4th issue, series F on July 1 from bonds. from inclusive. 1954 to 1973 inclusive. works headquar¬ A bonds. Due on July 1 from 1954 to 1973 in¬ 100,000 public ters, series clusive. the successful bidder. Bond Offering—Gerald Commissioners, ty O. Lu- J. Clerk of the Board of Coun¬ mos, 375,000 fire protection, 7th issue, series D bonds. Due on July 1 8 (MST) on June 3 for the pur¬ chase of $40,000 building bonds. Dated July 1, 1953. Interest J-J. p.m. Markuson, District Clerk, will inclusive. in Rosebud Due 1954 to 1973 be error an the official call for bids. Churchill sewer bonds. of fire equipment and July >■ Bond purchase obligation building bonds. (MST) a.m. the general house bonds, ■ Due on June 1968 Missoula, uled for award Green, Mo. k water State. above issue Bowling "k," ■ $52,000 Bond Offering 15 B. system bonds offered May 18— 177, p. 1846—were awarded to the on The Sale—The Feb. 15 from on Evelyn — Froid, Mont. . Bond 1964 to 1966 inclusive. 79,000 3s. Due > k Feb. 15 from on Offering Hitch, District Clerk, will receive sealed bids until 8 p.m. (MST) on June 10 for the purchase of $170,000 building bonds. Dated July 1, 1953. Interest J-J. :;;f ^'■ $35,000 3V2S. Due a.m. suitable bank designated by Legality to by Faegre & Benson, any Pine County (P. O. Pine City), Minnesota Offering sealed bids until will 11 receive (MST) purchase of $125,000 telephone and telegraph system bonds. Dated July 1, 1953. Due on July 1 from 1954 to 1973 inciusive. Bonds maturing in 1969 June on and 5 for thereafter a.m. the are callable as of stadium series C bonds. Due on July 1 from 1954 to successful — bidder. July 1, 1963. Principal and inter¬ est (J-J) payable at the County Treasurer's office. 25,000 30,000 penal institutions, series B bonds. Due on July 1, 1954 to 250,000 street improvement series D bonds. Due on July 1 from of (CST) on May 27 for the purchase $160,000 courthouse bonds. Dated June 1, 1953. Due on Dec. 1 from 1955 to 1963 inclusive. 125,000 public market, 3rd issue, series C bonds. Due on July 1 from 1954 to 1973 inclusive. Principal and interest payable at 500,000 sanitary and storm sew¬ County Auditor, sealed suitable any bids until banking in the United States will re¬ 11 1954 to 1973 institution er, Legality *o series B bonds. Due on July 150,000 redevelopment series A Due on July 1 from bonds. by Dorsey, Colman, Barker, Scott & Barber, of Min¬ be approved 1954 to 1973 inclusive. bonds. chell, 1954 to Offering—Joseph J. Mit¬ City Comptroller, will re¬ ceive sealed bids until June 24 for the as purchase of $4,579,000 bonds, follows: $1,850,000 Dated reconstruction bonds. 2,729,000 acquisition bonds. Due 1973 on July 1 from inclusive. July 1, 1953. Bonds ma¬ turing in 1964 and thereafter are callable as of July 1, 1963. Princi¬ pal and interest the school County, Paradise Sch. Dist. (P. O. Las Vegas), Nev. Commerce City. State. Ely, Nev. Bond Offering—E. G. Chamber¬ lain, City sealed bids June on 5 Clerk, will receive until p.m. (PDST) for 7 the purchase' of $425,000 general obligation bonds. Dated June 1, water 1953. Due June 1 from 1954 to 1973 inclu¬ sive. Principal and interest (J-D) payable at the City Treasurer's office. Legality to be approved by Pershing, Bosworth, Dick & Daw¬ son, of Denver. j ^ Reno, Nev. (J-J) payable at Trust Company, Legality to be ap¬ proved by Stinson, Mag, Thomson, McEvers & Fizzell, of Kansas City. Kansas Bond Sale—The $345,000 build¬ ing bonds offered May 11—v. 177, p. 1949 — were awarded to the on 100,000 sewer, 5th issue, series A St. Paul, Minn. Bond inclusive. 1, from 1954 to 1973 inclusive. designated by the successful bidder. Clark 1958 inclusive. Oscar W. An¬ a.m. ceive H. E. Wisland, ler, Canfield, Paddock & Stone, of Village Clerk, will receive sealed bids until 8 p.m. (CST) on June Detroit. 2 for the purchase of $41,000 gen¬ Midland and Homer Townships eral obligation water works bonds. Frac. Sch. Dist. No. 8 (P. O. Dated July 1, 1953. Due on July 1, Midland), Mich. 1953 to 1964 inclusive. Principal Bond Sale—The $50,000 build¬ and interest payable at any suit¬ ing bonds offered May 15—v. 177, able bank or trust company desig- bids neapolis. Caledonia, Minn. of Kalamazoo (Paw Paw Branch). to as re¬ be approved derson, awarded will St. MONTANA clusive. Rode- W. courthouse $250,000 Dated June W. bids until 7:30 p.m. (CST) on June will receive 2 for the purchase of $225,000 sealed bids until 8 p.m. (EST) on water, light and heating facilities Dated June 1, 1953. Due June 4 for the purchase of $78,000 bonds. on July 1 from 1955 to 1964 inclu¬ hospital improvement and equip¬ sive. Principal and interest pay¬ ment revenue bonds. Dated Feb. able at any suitable banking insti¬ 1, 1953. Due on Feb. 1 from 1956 tution in the United States desig¬ to 1983 inclusive. Bonds maturing nated by the successful bidder. in 1964 and thereafter are call¬ Legality to be approved by Dorable as of Feb. 1, 1963. Principal sey, Colman, Barker, Scott & Bar¬ and interest (F-A) payable at the ber, of Minneapolis. First National Bank & Trust Co., were C. of July 1 from 1954 to 1973 in¬ June 2 for the purchase on from — Auditor, Trauernicht, 1958 inclusive. Buhl, Minn. u Bond Offering—Louis T. Vesel, Secretary, — Offering kuhr, com¬ Fallon Co., and Barret, Fitch, North & Co., both of Kansas City, jointly, of Minneapolis. price of 100.13. Community Hospital bonds County (P. O. Thief River Falls), Minn. Bond 2056 as & Bond Bond Sale—An issue of Principal and interest payable at 177, inclusive.; MISSOURI Pennington Village Clerk, will receive sealed p. callable are 1 May 1954 to 1963 1, 1961. Principal and in¬ $78,000 park and recreation series terest payable at any suitable E bonds. Due on July 1, from bank designated by the purchaser. 1954 to 1973 inclusive. Legality to be approved by Faegre 2,120,000 trafficway and boule¬ & Benson, of Minneapolis. vard series F bonds. Due on (CST) to Piper, iAuthority, Mich. Bond Offering — Horace Adams, (CST) May 22 for the purchase of $11,000 general obligation bonds. p.m. of May Bond bids. Charles 7:30 County (P. O. Ada), Minn. Louis. ■>/ Offering — A. Elleraas, Kansas City, Mo. County Auditor, will receive seal¬ Bond Offering—Rollin F. Agard, ed bids until 10 a.m. (CST) on May 27 for the purchase of $36,- Director of Finance, will receive sealed bids until 2 p.m. (CST) on 000 drainage bonds. Dated May 1, 1953. Due on May 1 from 1954 to June 10 for the purchase of $4,Bonds maturing in trust Louis. bids until Bond 1969 inclusive. interest and or be designated in their Legality to be approved by sealed 28,000 2%s. Due Paul. (P. O. Fridley), Minn. Sale—The $20,000 build¬ 2181—were awarded to the Al¬ 14—v. on Mil¬ 2%s, at a price of basis of about 2.63%.— 770. Lake view Detroit, Offering—Claude W. Po¬ June 3 for on $2,225,000 building: June 1, 1953. Due on inclusive. 1966 cates of indebtedness offered The as a p. of to land, Jr., Town Clerk, will receive er permanent revolving fund certifi¬ originally sold Feb. 9 to Robt. W.Baird & Co., both Co., Breckenridge, Minn. Certificate Sale—The $150,000 Paddock & Stone, of Detroit. Bond awarded to H. V. and McDonald- lison-Williams Co., (M-S) $100»- March 1 from 1954 to 1972 in¬ on pany general obligation water and Interest J-J. ing bonds offered May 19—v. 177, 1965 maturing in thereafter 1 build¬ $50,000 Co., County 23 Bond March 1 from 1955 to 1969 in¬ clusive. 3 MINNESOTA motor vehicle highway fund bonds. National jointly. sealed receive & Moore Offering—Leo Adriansen, Clerk, Sale—The Sattley Ironwood, Mich. Bond the ing bonds offered May 14—v. 177, 15,000 23/4s. Due on April 1, 1971. < to 2181— p. Detroit, at 2J/4% interest, premium of $8.50. Bond 1970 inclusive. 1958 to 18—v. 177, Ypsilanti School District No. (P. O. Ypsilanti), Mich. to 1957 inclusive. 1954 Bond (CDST) Dated Principal payable at a bank Lula, Miss. will; receive awarded a of sold to Bar¬ clusive. Bolivar, Mo. June 5 for the purchase of $22,000 water main extension bonds. 15 June 1 from on 1966 to 1978 inclusive. May 1 from on sealed bids until 8 p.m. Dated Bank of lows: issue was the purchase of bonds. 610,000 3%s. Due May 1 from on Mahtomedi, Minn. } June 1, 1964 on 1965. 1979 inclusive. 1980 to ley, and 1971 inclusive. 140,000 3.40s. Due Bond Offering—Roy E. Bodimer, Clerk, were Sale—An until 8 p.m. 90,000 3V4S. Due May 1 from Due from on 240,000 3V2S. Due as Due on June 1, 1970. offered May 2.99%, as fol¬ Bond 000 school bonds $1,000,000 May 19— p. Co., C. S. Ashmun Co., and sealed Newport, Minn. bids until 7:30 p.m. (EST) on May nicipal recreation building bonds Bond Offering—Wm. A. Kick-' offered May 20—v. 177, p. 1949— 25 for the purchase of $295,000 hafer, Jr., Village Clerk, will re¬ were awarded to a group com¬ sewage disposal > system revenue ceive sealed bids until 8 p.m. bonds. Dated April 1, 1953. Due posed of the First National Bank, (CST) on June 2 for the purchase on April 1 from 1956 to 1992 in¬ Peoples State Bank, both of Hol¬ of $50,000 general obligation fire clusive. Bonds maturing in 1958 land, and the Zeeland State Bank, equipment and safety building of Zeeland, on a bid reflecting a and thereafter are callable as of bonds. Dated June 1, 1953. Due net interest cost of about 2.06%. April 1, 1957. Principal and in¬ on June 1 from 1955 to 1964 inclu¬ terest payable at the Detroit Trust sive. Principal and interest pay¬ Holland and Park Townships Company. Legality to be approved able at any suitable bank desig¬ Frac. Sch. Dist. No. 9 (P. O. by Miller, Canfield, Paddock & nated by the successful bidder. Holland), Mich. Stone, of Detroit. Legality to be approved by Faegre Bond Sale—The $225,000 build¬ & Benson, of Minneapolis, and of Wayne School District, Mich. ing bonds offered May 14—v. 177, Note Sale—The $200,000 notes Hoffman, Donahue & Graff, of St. p. 2056—were awarded to Paine, v The — Pres- J. E. ; Vassar, Mich.} ; r . 3.45%, 1969 inclusive., to 35,000 3s. \ Holland, Mich. V.. ; Mann- , ^ 74,000 2%s. Due on July 1, 1956 and Chicago, Co., both of St. Paul, Kal- & Co., a net 230,000 3V2S. Due on June 1 from $73,000 2%s.: Due on July 1, 1954 and '1955 Chi¬ a \: ' 'V * 100.07, 1954 to 1961 inclusive. : > & and r May 18—v. 177, p, 2181 — were to Siler & Co., Detroit, $115,000 33/4s. Due price of par, as follows:. Co., & about of awarded at a Co., Wood & cost & Channer Securities Co., cago, 147,000 special bonds offered Bond Sale—The - 177, v. heimer-Egan, Inc., and Harold E. at Co., all of Detroit; Ryan, Sutherland & Co., Toledo, inclusive. 1972 to H. Shannon 270,000 2V2S. Due on Oct. 1 from 1965 & veen cott & Pinconning. $380,000 build¬ ing bonds offered May 18—v. 177, p. 2057—were awarded to a group 1964 inclusive. to (J-D) of Sale building bonds $750,000 build¬ Bond Sale—The C.\- 1955 of as Principal and inter¬ payable at the State Township Sch. Dist. (P. O. Port Huron), Mich. $230,000 2V4S. Due on Oct. 1 from : 1958 Port Huron and 2.42%, about in callable are in¬ 1970 to Moody, Weeks, of Chicago, follows: 1954 maturing Bache price of 100.02, a net a May 26 on $320,000 build¬ man Bank Bond County Reorganized Sch. Dist» 1 (P. O. Bolivar), Mo. No. ret, Fitch, North & Co., and Zah¬ offered ner & Co., both of Kansas City* 2056—were awarded to jointly. M. A. Saunders & Co., Memphis, ing bonds offered May 15—v. 177, University City Sch. Dist., Mo. p. 2056—were awarded to a, syn¬ at a price of par, a net interest Bond Offering—Geo. S. Roudedicate composed of the First Na¬ cost of about 3.68%, as follows: tional Bank of Minneapolis, First $300,000 3V2S. Due on June 1 from busch, Secretary of the Board of Education, will receive sealed bids National Bank, St. Paul, John Nu1954 to 1963 inclusive. est Park Detroit, Co., Hornblower & (EST) from Bonds thereafter and Polk Municipal Separate School District, Miss. Wilkins Counties Joint Bond Sale—The June 1, 1957. gen¬ im¬ provement bonds offered May 18 —v. 177, p. -2181—were awarded Pier obligation eral p.m. 1 clusive. MISSISSIPPI Corinth v 7:30 ing bonds. Dated June 1,1953. Due 1, 1969 Due on Oct. 4s. 1970. and Clay and (P. O. Barnesville), Minn. Ellery, Fred — for the purchase of to 1968 inclusive. 120,000 Offering Legality to be approved by Faegre & Benson, of Minneapolis. Indep. Consol. Sch. Dist. No. 60 Secretary of the Board of Edu¬ cation, will receive sealed bids follows: 1955 Bank, Township Frac. Sch. Dist. No. 2 (P. O. Pinconning), Mich. son, as Savings 2V2S. Pinconning (City) and Pinconning Townsend, Dabney & Ty¬ of Boston, Allan Blair & Co., and Benjamin Lev/is & Co., both cago, net State as 53 (2297) Bond Offering—E. E. Gill, City Clerk, will receive sealed bids til the 11 a.m. (PDST) purchase of on un¬ June 8 for $750,000 storm 54 The Commercial cmd Financial Chronicle.. (2298) 1953. Due on June 1 from 1973 inclusive. Principal June 1, 1956 Dated improvement bonds. sewer to will benefit of a con¬ ac¬ celerated retirement of the bonds. (J-D) payable at the and interest the have tingent sinking fund for the The bonds redeemable, be¬ are Legal¬ ity to be approved by Pershing, Bosworth, Dick & Dawson, of ranging from 104% to 100%. The Denver. 1 from Hobbs. Legality ginning redemption tion Strafford Sale—The $210,000 notes offered May 19—v. 177, p. 2182— awarded were the Second to Bank of Boston, tional apply Na¬ at 1.857% rentals to times to provide revenues to pay the and of expenses operation maintenance of Authority projects service requirements debt of the bonds. The JERSEY NEW bonds are interest-exempt, opinion of Authority coun¬ in the River Port Authority Delaware (P. O. Administration Building, Camden 2), Bridge Plaza, series first 177, (Delaware bonds offered May 2182—were awarded p. syndicate headed by Smith, Barney & Co., Lehman Bros., Harriman Ripley & Co., Inc., all of New York, Drexel & Co., Phila¬ delphia, and Halsey, Stuart & Co., New York, at a price of par, a net to income Federal taxes existing statutes and from state and local taxation directly imposed in Pennsylvania $100,000,000 revenue River Bridges) 20—v. The — from under all New Jersey Sale Bond sel, a and New Jersey, except estate, in¬ heritance, succession or gift taxes. The bonds are legal investment for certain other funds in about 2.94%. 8,000,000 3s. Due on Dec. 15 from Bond Offering — Michel, Borough Clerk, 30,500,000 3V4S. Due on Dec. 15, from 1964 to 1973 inclusive. 15, Other members of the included the following: syndicate The First Corporation; Blyth & Co., Boston ceive sealed (DST) 1983. Inc.; Goldman, Sachs & Co.; Kid¬ Peabody & Co.; Union Se¬ curities Corporation; Phelps, Fenn der, & of bids M. will until re¬ 8:15 p.m. June 9 for the purchase on $27,000 general improvement & Co. offering of $100,000,000 Delaware River Port Authority first series (Delaware River revenue bonds Bridges) was a made on May 20 by nation-wide underwriting group of 303 members headed jointly by Smith, Barney & Co.; Lehman Brothers; Harriman Ripley & Co., Incorporated; Drexel & Co.; and Halsey, Stuart & Co. Inc. The offering consists of $60,000,000 of 3%% term bonds dated May 15, 1953 and due Dec. 15, 1983 and $40,000,000 of 4%, 3% and 3%% serial bonds dated May 15, 1953 and due Dec. 15, 1957- & Trust Company, Closter. Legal¬ ity to be approved by Hawkins, Delafield & Wood, of New York City. Bond The term 102%%, to serial bonds are are priced 3.36% yield bonds and at the priced from 2.15% to 3.25%, to yield according to maturity. be Port for used over by financing Delaware River Authority to provide funds the construction of bridge a the Delaware River between sealed bids until June June certain and to reserves pay for interest term bonds carry a fixed sinking fund, payable annually commencing in 1958, calculated to retire the entire to maturity. the In issue at addition or prior to the fixed sinking fund the term bonds until 2 re¬ p.m. building bonds. Dated $31,000 March 1, 1953. Due on 1953 Sept. 1 from inclusive. Principal 1958 to and interest Farmers (M-S) payable at the (MST) purchase bonds. Merchants and proved City. Municipal Housing Authority, N. Y. Note Sale—The $3,331,000 notes May 19—v. 177, awarded were 2057— p. Chase the to Na¬ 1.95% interest. Bond Sewer Portville, 11 (DST) purchase of a.m. the system L July 1, 1953. Doe 1966 June on 9 to Manufacturers payable at the and the holder, & Traders at Trust at the option or the Chemical Trust Company, New Legality to be ap¬ proved by Fred C. Maloney, Cor¬ poration Counsel for the Author¬ ity and of Caldwell, Marshall, City. Trimble & Mitchell, of New York City. Free and Sch. Yorktown Dist. No. 2 Union (P. O. Bond Sale—The 26 bonds offered 2182—were composed $588,000 May of site building 21—v. 177 p. awarded to a & Francis I. & New du York, 100.33, Fine at the (J-D) State Treasurer's payable office, in Santa Fe, or at the Hanover Bank, New York City, at the option of the holder. Legality to be ap¬ proved by Pershing, Bosworth, Dick & Dawson, of Denver. a Pont 3s, at basis of about 2.96%. as ing bonds. Star until Due on June 1 inclusive. on p.m. June from 1, 1953. 1954 to and Principal interest 1963 urer's office at or the First Na¬ tional Bank, Roswell, at the option of the holder. Legality to be ap¬ proved by Pershing, Bosworth, Dick & Dawson, of Denver. 1953. to Due 1956 June on inclusive. interest (DST) on (J-D) 1 from 1954 Principal payable and the at Sold — County p. 2182—were awarded to $1,200,000 not terest bonds to exceed 4% in¬ Co., Chas. E. Weigold & Co., and Bacon, Stevenson & Co., all of York, as 3s, at a price of 100.35, a basis of about 2.97%. Bond 000 Sale—An 2V4% school issue bonds N. of of bids 28 until for 1953. Due $500,- coln sold Zahner & Co., of Kansas City. Dated May 1, 1953. Due on July 2 the building terest was Offering York — No. 4 p.m. purchase bonds. Western Blair, New Rollins York, Co., & Inc., and R. D. White & Co., both of New York, as 3.10s, at a price of 100.36, basis a on June 1 from inclusive. 1954 to Principal and in¬ (J-D) payable at the Lin¬ Rochester Trust Company, Legality to be approved by Reed, Hoyt, Taylor & Wash¬ burn, of New York City. Rochester. $60,000 1, 1956 1953. to 1964 interest and The $35,000 water May 19—v. 177, p. — offered Lewis awarded McDaniel to & Co., of Greensboro, at price of par, as follows: a $16,500 4V4S. Due on June 1 from 1954 to 1964 inclusive. * 18,500 4s. Due June on 1 from 1965 to 1973 inclusive. Southern Pines, Bond Sale offered N. C. May 19—v. 177, 3s, at to 2182— p. the Wachovia Salem, price of 100.04, a ' ■ The $30,000 bonds — awarded basis a OHIO Avon Lake Local Bond Sch. Clerk Dist., Ohio Offering—J. M. Boehm, of the Board of Education, will receive sealed bids until noon (DST) June 4 for the purchase on $1,425,000 Dated June building 1, 1953. Due bonds. Oct. 1 on Syracuse, bonds N. Y. from 1954 to 1973 inclusive. Prin¬ $990,000 water, cipal and interest (A-O) payable May 15—v. 177, p. at the Elyria Savings and Trust Sale—The Bond offered awarded to a group composed of Halsey, Stuart & Co., & Co., and the First of Co., 2.40s. Offering—W. sealed Raleigh bids until 11 his at in office (EST) a.m. refunding June 1, on 1963 to and interest New 1970 York Dated bonds. June 1 from inclusive. Principal 1953. Due on City. Legality to of City. New York $750,000 building bonds. Dated 1, 1953. Due semi-annually July from Dec. 1, 1954 to June inclusive. Interest J-D. Offering—W. Easter- E. ling, Secretary of the Local Gov¬ ernment Commission, will receive bids sealed at his in office bids for until the storm 1 June from Dated 1953. Due on June 1 from 1978 inclusive. Principal interest (J-D) payable in to York City. Legality to be approved by Mitchell & Pershing, City. Offering N. Offering—W. bids at leigh until 11 26 for bonds, the as his a.m. office (EST) purchase of Easter- water 1 from sewer June 1, 1, 1955. Kent, Ohio Bond Offering—Francis J. Ker- City Auditor, bids until will noon receive (DST) on May 26 for the purchase of $580,000 first mortgage sewerage sys¬ tem bonds. revenue 1, 1953. Due to 1981 on Dec. inclusive. (J-D) Dated June from 1953 Principal and 1 payable at the of¬ Mortgage Trustee. Le¬ gality to be approved by. Squire, Sanders & Dempsey, of Cleveland. Logan County (P. O. Beliefontaine), Ohio on May Bond $37,500 district to 1969 inclusive. 14,000 sanitary June 8 on of $50,000 storm notes. Dated 1953. Due June fered 1962 Ohio (EST) noon sewer Ra¬ follows: June inclusive. — for the purchase in $23,500 water, series B bonds. Due on 1973 fice of the C. E. bonds. R. F. Rhodes, Village Clerk, will receive sealed interest Gibsonville, Bond to Huron, Note sealed New assessment Williams, of Cincinnati. Ra¬ June 1, 1955 June 5 on $150,778.46 1, 1953. Due oh Dec. 1954 Shaffer & win, bonds. of Principal and interest (J-D) pay¬ able at the City Treasurer's office. Legality to be approved by Peck, water sewer (EST) noon purchase sewer Dated leigh, until 11 a.m. (EST) on May 26 for the purchase of $130,000 and 1, 1973 Offering bids until Burgaw, N. C. Bond noon June 5 for the purchase on be approved by Reed, Hoyt, Taylor & Washburn, of Kessier, Education, in payable (J-D) E. of — Paul Gaynor, City Auditor, will receive sealed Easter- E. & Franklin, Ohio May 26 for the purchase of $65,000 general (EST) Bond ling, Secretary of the Local Governmennt Commission, will re¬ ceive Offering—R. of the Board CAROLINA County (P. O. Washington), N. C. Bond be to. will receive sealed bids until Wappingers Falls, N. Y. NORTH Legality Squire, Bexley City Sch. Dist., Ohio Bond Clerk as Lake. by Sanders Dempsey, of Cleveland. . basis of about 2.13%. Avon approved Michigan Corp., all of New York, as 2.20s, at a price of 100.55, a sealed 1, from Principal 2182—were of of about 3.07%. $800,000 of Dated bonds Buffalo, W. May Ra¬ May composed of the Marine Trust Co. June on in on June 1 on Bond Sale as ling, Secretary of the Local Gov¬ ernment Commission, will receive (DST) the office (EST) purchase of a.m. of about 2.98%. ing bonds offered May 20—v. 177, 2182—were awarded to a group of New York Robert his at Bank & Trust Co., Winston p. of Easter-' (J-D) payable in New York City. Legality to be approved by Mit¬ chell & Pershing, of New York City. National Ledyard Dist. ' . E. Sale—The $559,000 build¬ Bond Education, will receive sealed Mex. to $54,000 (P. O. Aurora), N. Y. and Irondequoit Union Free Sch. Dist. No. 1 (P. O. Rochester 9), 1983 District, Sch. and in be to City. bonds. Dated June were Bashnagel, President of the Board 2057. School group New Bond general obligation hospital offered May 19—v. 177, p. Hobbs a composed of George B. Gibbons & New re¬ First Venice Central York Bond Sale—The $594,000 build¬ ing bonds offered May 19—v. 177, County (P. O. Roswell), N. Mex. Bonds Not of by Vandewater, Sykes Galloway, of New York Beaufort Bank of Gouverneur. Chaves jected the bids submitted for the the at Scipio, (P. O. May 27 for the purchase of $15,000 building bonds. Dated June 1, June 15 $400,000 build¬ of City. Lake), N. Y. 3:30 for Due Heckler & Clifton, Russell and Pitcairn New (MST) Dated purchase Wappingers Falls, Legality to be approved by Hawkins, Dela¬ Chaves County, Roswell Municipal field & Wood, of New York City. School District No. 1 (P. O. Hadley, Day, Edinburg, Luzerne, Roswell), N. Mex. Warrensburg and Caldwell Bond Offering—Byron B. White, Central Sch. Dist. No. 1 Secretary of the Board of Edu¬ (P. O. Lake Luzerne), cation, will receive sealed bids for the purchase of re¬ & Cross, Bond Sale The $15,000 fire Co., and fighting equipment bonds offered Co., all of May 1 — v. 177, p. 1847 — were a price of awarded to the National Bank of Central Sch. Dist. No. 1 of 15 will — Stevenson Dated June on the proved group bids Due Clerk, building bonds. Dated May 1, 1953. Due on May 1 from 1954 to 1958 inclusive. Principal and interest Roosevelt Bacon, 26 N. sealed bids at the office for Legality Randleman, N. C. Robert — District McEntee school and (P. O. Blair, Rollins & Co., Inc., Adams, Croton-On-Hudson), N. Y. purchase Central 1 Offering 2058—were Cortlandt No. J. Raymond Page, Attorney in Olean, until 2 p.ih. (DST) on May on (J-J) Genesee Dist. Principal payable Commission, will receive bids Olean), N. Y. Bond Dated bonds. July 1 from 1978 inclusive. Principal interest York and Sch. $1,500,000 improvement and extension, series and Olean, Hinsdale, Clarks- ville City. leigh until 11 inclusive. & 1953. Offering—W. ernment (M-N) payable at the 1, (J-D) ling, Secretary of the Local Gov¬ Bank of Olean. Legality to be ap¬ Authority, N. Y. Offering—David J. Laub, Chairman, will receive sealed bids until Bond Vandewater, Sykes, Heckler Galloway, of New York City. payable Buffalo from 1 Principal 1953. 1968 to Laurinburg, N. C. street ceive Buffalo May inclusive. 1, 1955 approved by Mitchell & Pershing, County Trust Company, Pleasantto be approved by Stocum, , York on ville. Legality Vandewater, Sykes, Galloway, of New York tional Bank of New York, at New sealed May by Heckler & June interest of New York bonds. Due on 1970 and interest Trust cipal and interest 1953. follows: as Due to Dated Company, Bath. Legality to be ap¬ receive 7:30 p.m. for will from 1954 to 1963 inclusive. Prin¬ the expected to be completed during 1957. of C. Marion Bond Offering—M. O. Peterson, District Clerk, will receive sealed and principal payments of obligations of the Authority. The bridge is The will building 15, N. J., and for deposit in funds to bonds 9 $800,000 Philadelphia, Pa., and Gloucester, provide Treasurer, (J-D) payable at the State Treas¬ Net proceeds from the will Offering—Mae Kleinhein, County bonds. May 27 for the purchase Bank until 7:30 p.m. 1973, inclusive. on bids sealed (DST) Principal and interest (J-D) on Bonds Publicly Offered—Public ceive of pay¬ the bonds, 1954 Clerk, June 1 from 1954 to 1959 inclusive. & Co.; Salomon Bros. & Hutzler; Stone & Webster Securi¬ ties Corporation; and White Weld District Ormsby, Company, Buffalo, able at the Closter National Bank for 28 (DST) purchase of Dated and May 1 from 1954 to 1970 incl. No. 2 (P. O. — bonds. Dated June 1, 1953. Due on Co.; Shields & Company; Lazard Freres & Co.; Glore, Forgan & Co.; B. J. Van Ingen & Co. Inc.; Runnemede School District, N. J. Kuhn, Loeb & Co.; A. C. Allyn and Company, Incorporated; Bear, Bond Sale—The $95,000 build¬ Stearns & Co.; Blair, Rollins & Co. ing bonds offered May 14—v. 177, Incorporated; Alex. Brown & p. 1846—were awarded to B. J. Sons; C. J. Devine & Co.; East¬ Van Ingen & do., New York, as man, Dillon & Co.; Equitable Se¬ 3.60s, at a price of 100.20, a basis curities Corporation; Hemphill, of about 3.57%. Noyes & Co.; Hornblower & NEW MEXICO Weeks; Merrill Lynch, Pierce, Fenner & Beane; Paine, Webber, Albuquerque Municipal Sch. Dist., Jackson & Curtis; R. W. PressNew Mexico prich Offering Bond receive 35,000 Thornwood Water District Bath), N. Y. sewer Virginia May Urbana, Wheeler, Cameron, Central Sch. Dist. for Haworth, N. J. 1959 to 1963 inclusive. 60,000,000 3V2S. Due on Dec. 1 Supervisor,, will sealed bids until 11:30 p.m. $187,000 YORK from inclusive. Offering—Owen M. Quinn, Town Thurston, Avoca, and Howard offered Denville of Bath, Pennsyl¬ vania and New Jersey. Bond 1 June on Tarrytown), N. Y. $152,000 Highway savings banks, trust funds and Township (P. O. Denville), N. J. Bond Sale—The $180,000 sewer assessment bonds offered May 20 interest cost of about 3.43%, as —v. 177, p. 1846—were awarded to follows: B. J. Van Ingen & Co., New York, $1,500,000 4s. Due on Dec. 15, 1957 as 3s, at a price of 100.30, a basis and 1958. NEW all at Mount Pleasant (P.O. on other or charges at least sufficient and discount. tolls, by ver. Authority is authorized to collect Dover), N. H. Note will of the The O. (P. County prices Authority or through operation of the sinking funds. HAMPSHIRE NEW June 15, 1958, at prices on approved Tallmadge & Tailmadge, of Den¬ bonds redeemed either at the op¬ County Treasurer's office. inclusive. 1958 to 1954 Principal and interest (J-J) pay¬ able at the First National Bank, .Monday, May 25, 1953 bonds. Due were & Sale—The $310,770 improvement May 18—v. awarded to Co., Inc., 177, p. of¬ 1950— Braun, Bosworth Toledo, price of 100.66, 2.92%. sewer bonds a as 3s, at a basis of about Number 5223 Volume 177 Offering of Oklahoma Ohio Phillipsburg, Bond The Commercial and Financial Chronicle ... A. Robert — Village Clerk, will re¬ ceive sealed bids until noon (EST) Haworthj May on The City; First Securities Principal clusive. 1953. 15, (M-N) payable at the Phillipsburg State Bank. Legality to be ap¬ proved by Peck, Shaffer & Wil¬ liams, of Cincinnati. Trimble Township Local Sch. Dist. (P. O. Glouster, R. 3), Ohio Bond Offering—Virgil B. Swart, Board of Education, Interest Sale—The Bond Sachs $100,000 street facilities construction bonds offered May 15—v. 177, p. lighting Co., Hemphill, 2059—were awarded to the United States National Bank of DeHaven C. 1953 Due on Dec. 1 from 1958 inclusive. to 1 from Due on Dec. 1962 inclusive. 43,000 2%s. 1959 to C. Collings Steele & No. : Bond Sale—The $25,565 sanitary and sewer 177, offered improve¬ 16—v. May 1847—were awarded to J. p. White A. main water bonds ment & Cincinnati, Co., 1951 p. Portland, No. 3y4s. Offering Bond will re¬ (DST) purchase of Clerk, Village Winkler, L. Virginia — ceive sealed bids until noon for 9 June on the $246,700 village water line, series 3 bonds. Dated June 1, 19d3. Due 1 .from Dec. on clusive. 1954 Principal interest payable at the legal de¬ pository of the Village. Legality to be approved by Squire, Sanders & Dempsey, of Cleveland. (J-D) jointly. Lane County Sch. Okla. Bond Offering—Susie E. Barton, will receive sealed p.m. (CST) bids until the for 26 8 purchase May on $75,000 of water works bonds. Due from 1956 inclusive. 1967 to Offering ceive sealed (PST) on No. (P. O. Clinton), Okla. 46 Leon Walker, Clerk of the Board of Education, Bond Offering (CST) on May 25 for the pur¬ of $30,000 building bonds. p.m. chase Due from 1956 to 1960 inclusive. will re¬ Clerk, until bids W. 8 p.m. June 11 for the purchase $342,000 building bonds. Dated of 1953. Due on Jan. 1 from 1972 inclusive. Principal July 1, to (J-J) payable at the County Treasurer's office. will receive sealed bids until 7:30 May 26 for the pur¬ chase of $15,000 transportation equipment bonds. Due from 1955 (CST) on to 1957 inclusive. Kay County Dependent Sch. Dist. ; 12 (P. O. No. R. R. 1, Newkirk), Bond ing No. 4 District ger, Clerk, receive will (PST) on bids until 8 p.m. May 27 for the purchase of $150,- Dated May 15, Due on May 15 from 1954 to inclusive. Principal and in¬ 000 building bonds. 1953. 1963 payable at the County Treasurer's office. Legal¬ ity to be approved by Winfree, McCulloch, Shuler & Sayre, of terest (M-N) awarded to the Bank, May build¬ 19 were Eastman National of Newkirk, on a bid interest cost flecting a net about 2.38%. The bonds are of Clerk Indep. Sch. Dist. (P. O. Midwest City), the P. Butcher, of Eduction, Board will receive sealed bids until 7:30 p.m. (CST) chase of on June 1 for the $95,000 building pur¬ bonds. Tulsa County (P. O. Jr., County will bonds. Dated July 1, 1953. Due July 1 from 1956 to 1978 inclu¬ sive. Legality to be approved by Chapman & Cutler, of Chicago. Washington County Indep. School District No. 1-7 (P. O. build¬ ing bonds offered May 13—v. 177. 2058—were awarded to a group p. of Evan L. Townsend, by El¬ Munson, of Philadelphia. until bids 8 in¬ 1963 1954 to $15,000 funding July 1, 1953. Due bids in (DST) July 1, 1954 on May 25 for the 1953 series bonds. Dated June nue, June 1 from 1956 to 1993 inclusive. Bonds maturing 1, 1953. Due on in 1959 and thereafter are callable of as June Interest J-D. 1958. 1, Legality to be approved by Reed, Smith, Shaw & McClay, of Pitts¬ burgh. Sale—A syndicate Bond headed $240,000 3s. Due 1955 to 1958 578,000 3.20s. Due 1959 to 1965 May on at PENNSYLVANIA Cocalico Union School Authority Bond Sale—An sold May 18 to a group headed by Stroud & Co., Philadelphia, as follows: $255,000 3s. Due on June 15 from 1954 to 1960 inclusive.. 3V4S. Due on from 1961 to 1963 on May 1 from inclusive. 866,000 3V2S. Due May 1 from on 1966 to 1973 inclusive. 1964 to 1974 to on May 1, 1977 and 1978. 3%s. Due to 1983 1992 May on bonds 1 inclusive. dated are contain May 1, optional fea¬ and Principal and interest (M-N) an Banking and Trusts Philadelphia, and the for (Trustee), pany cate: Blair, Rollins & Co., Inc., Merrill Lynch, Pierce. Fenner & Beane, Ira Haupt & Co., both of New York, Arthurs, Lestrange & Co., of Pittsburgh, Joseph Lincoln Ray, of Sunbury, American Secur¬ ities Corp., of New York, Schmidt, Poole & Co., of Philadelphia, Byrne and Phelps, Inc., of New York, Janney & Co., of Philadelohia, Thomas & Co., of Pittsburgh, Harrison & Co., Rambo, Close & Kerner, both of Philadelphia, Moore, Leonard & Lynch, of Pitts¬ burgh, and Yarnall & Co., of Due on 15 from 1967 to 1972 inclusive. 1982. 37/ss. Due on June 15, National Illinois Trust Company; S. R. & Bank Dickson & Company B. J. Van Securities Webster & ISLAND Westerly, R. were Trust Co., discount. 3120 $450,000 school 18—v. 177, p. 1951—were awarded to a group composed of the Equitable Se¬ offered curities Fort C. Little H. Davidson $300,000 notes 19—v. 177, p. 2183— to the Industrial at Texas ing & & bonds awarded R. to 1 from May on composed of group & Co.; Dallas; Savings Bank & Trust Co., Cincinnati, and Hagberg Co., of Dallas, as follows: 3y4s. $45,000 3y2s. 42,000 The Due 3%s. 1.29°£ L'fllOTi 10 April on Due 10 10 April on 1969 to 1984 inclusive. from bonds Due 1953. April on 1963 to 1968 inclusive. from 163,000 to Due & 1954 to 1962 inclusive. from dated April 10, April 1 from 1954 Principal and are on inclusive. 1985 interest payable (A-O) the at Dallas. Dallas, Texas Bond 1 from Offering G. Harold — Shank, City Secretary, will receive sealed bids until 1:45 p.m. (CST) June on Co., Jackson, and Due a Underwood A. Provident the for 22 $10,200,000 bonds, Co., of Knoxville, as 3s. $250,000 build¬ offered May 14 were May follows: as purchase of follows: $2,000,000 water bonds. 1,300,000 storm sewer bonds. * 1,800,000 street repair bonds. .1 1,000,000 street opening widening bonds. and 2,292,000 public library bonds. 200,000 2V2S. Due on May 1 from , Paris, Tenn. and bonds tax 300,000 park improvement bonds. ! Sale—The $935,000 sewer Bond 1,508,000 airport bonds. I 1966 to 1972 inclusive. offered Irving Indep. school 000 Sch. Dist., Sale—An Bond issue house Texas of bonds $165,- was sold 1951—were to the First Southwest Co., of Dal¬ awarded to a group composed of First National Bank of Memphis, las, as follows: John Nuveen & Co., Chicago, J. $111,000 2%s. Due on June 1 from 19 May — 177, v. Bradford p. 1954 & 1963 inclusive. to Co., Nashville, J. Minneapolis, Third National Bank of Nashville, Her¬ man Bensdorf & Co., Memphis, Jack M. Bass & Co., of Nashville, 1953. Principal and interest and the Mid-South Securities Co., payable tional M. Dain & Co., a Memphis, at a price of 100.003, net interest cost of about 3.48%, follows: as 1955 The bonds Bank Due on May 1, 1962 1963. inclusive. 1978 to Tenn. Shelbyville, May 14—v.. 177, p. awarded to a group Corp., Cumberland Securities Corp., both of Nashville, and MidSouth Securities Co., of Memphis, a price of par, a 3.48%, cost of about net interest follows: as Due on May 1 from $100,000 3s. 1954 to 1964 inclusive 140,000 3V2S. system improvement bonds was sold to the First Southwest as Co., of follows: 1954 to 1958 inclusive. 35,000 3V2S. Due on April 15 from 1959 to 1968 inclusive. 30,000 3%s. Due on April 15 from 1974 to 1969 inclusive. 100,000 4s. Due on April 15 from 1975 to 1986 inclusive. The 1953 and bonds and are dated are 15, 1974 of April maturing in those thereafter callable as . Due on May 1 from 1965 to 1971 inclusive. Due on May 1, 1972 60,000 3%s. $175,000 general obligation water and sew¬ school offered 1951—were at Legality $10,000 3J,4s. Due on April 15 from Sale—The $300,000 composed of the Equitable Securi¬ ties Dallas. 1, (J-D) Na¬ Mesquite, Texas Dallas, bonds of Bond Sale—An issue of er Due on May 1 from 665,000 3V2S. Bond June Mercantile the at dated are 1 from approved by McCall, Parkhurst & inclusive. 1961 to 1964 on June 1967 inclusive. 1964 to Crowe, of Dallas. 70,000 3V4S. and 54,000 31/2S. Due Due on May 1 from $200,000 3V2S. and 1973. 15, 1973. Principal and in¬ (A-O) payable at the Mer¬ National Bank, Dallas, or at the First National Bank, Mes¬ April terest cantile Legality approved by Mc¬ Call, Parkhurst & Crowe, of Dal¬ quite. the I. Providence, Worth), O. Bond Sale—The Corp., Cumberland Se¬ Corp., both of Nashville. curities Dist. (P. Street, Legality to be approved by Du¬ mas, Huguenin & Boothman, of Cleveland, Tenn. bonds Carbon Mercantile National Bank, Dallas. Sale—The Bond Indep. Sch. (State of) Offering—^Frank G. Cle¬ las. ment, Governor and Chairman of Sale—The awarded TEXAS Birdville Corpora¬ TENNESSEE Bond offered May the holder. Legality to be ap¬ proved by Caldwell, Marshall, Trimble & Mitchell, of New York ^ City. Ingen & Co. Inc.; Stone Tennessee RHODE Note June Conti¬ Incorporated; Co. Philadelphia. 15 June Agency of the State of City, or at the State office, at the option basis of about 2.15%. a Principal York price a 15, 1953. (J-D) payable at the of 1976 inclusive. ' inclusive. 1966 inclusive. 3%s. & C. 396,000 3.60s. Due on May 1 from 140,000 3V2S. Due on June 15 from 675,000 Co., and Calvert & Canfield, both issue of $1,525,- 000 school revenue bonds was on Small-Milburn Co., Wich¬ ita; First National Bank & Trust Tulsa: O. Denver), Pa. 2.20s, at as Among other members of the syndicate were the following: Blyth & Co. Inc., Harriman Rip¬ revenue payable at the Pennsylvania Com¬ D. Wade, Sayre, of Portland. (P. 100.34, of 1 from inclusive. ture. the County Treasurer's office. Legality to be & York, Due on May 1963 to 1965 inclusive. will receive sealed bids until 8 p.m. (PST) on June First National Bank of Williams¬ 9 for the purchase of $298,500 port. Legality approved by Townbuilding bonds. Dated July 1, 1953. send, Elliott & Munson, of Phila¬ Due on July 1 from 1954 to 1973 delphia. inclusive. Principal Other members of the syndi¬ and interest payable of New 90,000 3V4S. 1953 District Clerk, (J-J) 177, p. 1951—were awardec, syndicate headed by Halsey. Stuart & Co., Chemical Bank & Trust Co., and Lehman Bros., aF. 1956 to 1962 inclusive. Williamsport Sanitary Authority (P. O. Williamsport), Pa. June and interest a $160,000 from Oregon Offering—Jean 19—v. of the Observer Pub¬ care The (P. O. Hillsboro), 48 000,000 school bonds offered May to June 15, 1964. on New on of $15,- lips, Secretary, will receive sealed Sayre, of Portland. Washington County Sch. Dist. of 15, 1963. improvement June 15,. 1963. 4,000,000 rural roads bonds. Due J-J. 2,731,000 & Dated bonds. on Interest 1955. 289,000 3.65s. Due Shuler issue Due Treasurer's tion; Merrill Lynch, Pierce, Fen¬ ner & Beane; Kean, Taylor & Washington-East Washington Joint Co.; Seattle-First National Bank; Authority, (P. O. Washington), Braun, Bosworth & Co. Incorpo¬ Pennsylvania rated; Hemphill, Noyes & Co., and Bond Offering—Charles A. Phil¬ F. W. Craigie & Co. and approved by Winfree, McCulloch, 330,000 of at the County Treasurer's office. Legality to be payable 1 (State of) Sale—The nental Secretary, will re¬ April on 1969 inclusive. South Carolina Bond ley Offering—George Trebil- Borough bonds. Fiscal Incorporated; Phelps, ceive sealed bids until 4:30 p.m. Fenn & Co.; Blair, Rollins & Co. (DST) on June 1 for the purchase Incorporated; Shields & Company; interest and Principal of Davis, Bond cox, on from 15 125,000 Dewev), Okla. Sale—The $125,000 composed sealed receive a.m. 500,000 court house and jail, series Bond Jan. on Shuler Clerk & Plymouth, Pa. Clerk, May 28 for the purchase of $36,000 building bonds. Dated July 15, 1953. Due (PST) p.m. Tulsa), Okla. P. Gable, (CST) on May 27 for the purchase of $3,- on receive will Rodney Wil¬ District Esselstyn, Offering—Wm. sealed bids until 10 B liam — approved by Winfree, McCulloch, Due from 1956 to 1974 inclusive. Bond Offering Bond Offering—W. of No. 5 CJ Bond No. Oklahoma Bond School District (P. O. Echo), Ore. due from 1956 to Oklahoma County 52 approved liott and re¬ 1963 inclusive. No. Principal by Halsey, Stuart & Co. Inc., New York, purchased $5,100,000 sewer revenue bonds, divided as follows: Umatilla County (J-D) $40,000 offered 15, purchase of $2,650,000 sewer reve¬ Offering—Melvin J. Brug- Bond clusive. Okla. Sale—The bonds 1953. Due 15 from 1954 to 1963 in¬ 7:30 p.m. County Portland. Happer County Indep. Sch. Dist. No. 4 (P. O. Buffalo), Okla. Bond Offering — Helen Mix, Clerk of the Board of Education, p.m, June Due 1966 to lishing Co., Washington, Pa., until Sch. Dist. (P. O. Portland), Ore. Multnomah — will receive sealed bids until 7:30 No. 97J Ore. Averyl — District Jackson, sealed County Indep. Sch. Dist. Custer Dist. Florence), O. (P. Bond and interest Clerk, improvement and Dated Dec. on be build¬ awarded to Blyth & Co.,' and the United States Na¬ tional Bank, both of Portland, 1955 OKLAHOMA City bonds. 2182—were p. in¬ 1963 to and Hohart, refunding ing bonds offered May 18—v. 177, Ohio Westlake, June 3 for the purchase of $90,000 interest payable at the First National Bank of Dickson City. Legality to County School District Sale—The $150,000 receive (DST) on will Secretary, 1965 inclusive. to 2.90s. 1 June on education Dated April on June 15, 1963. on Due bonds. April 1 from on Due 1960 from City, Pa. Offering—Anthony Longo,. clusive. (P. O. Redmond), Ore. 2 Bond * " of Bank National 3y2s. as Deschutes as awarded to the were — States United 2V4s. from sealed bids until 8 p.m. build¬ $10,000 210,000 Les- 140,000 Borough ing bonds offered May 15—v. 177, Ohio Vermilion, Sale—The Bond Arthurs, and trange & Co. Bond (P. O. Columbia City), Oregon 11 Co., Due Due 1,200,000 University of Tennessee 600,000 1955 to 1959 inclusive. & Co., Inc., Fauset, Dickscn County School District Columbia on $150,000 3s. construction highway bonds. Richmond, and Frost, Read & Simons, of Charles¬ ton, as follows: Scribner, Thomas & Co., & Townsend, Crouter & bonds. 5,000,000 composed of Alester G. Co., Greenville, Cle¬ Evans & Co., Atlanta, F. W. Craigie & Co., Singer, 15, 1952. improve¬ Due on June 15, 1962. & A. June on educational ment 1951—were awarded p. group ment Bodine, Aspden, Robinson & Co., price of par, as follows: a $57,000 2V2S. Co., & Noyes a Furman Beane, Butcher & Sherrerd, Deane & Portland, to & & 177, Due 1,425,000 $500,000 water bonds offered May revenue 20—v. Co., Kidder, Peabody & Merrill Lynch, Pierce, Fen- ner Sale—The works syndicate: Dillon & Co., Goldman, Eastman, Ore. Baker, at Greenville, S. C. 55 institutions mental 1,000,000 bonds. ap¬ Bond Other members of the May 30 for the purchase of $18,000 building bonds. Due on Sept. 15 from 1954 to 1963 incl. (EST) Legality Saul, of Philadelphia. OREGON Clerk of the will receive sealed bids until noon J-D. CAROLINA SOUTH 15, proved by Saul, Ewing, Remick & Co., of Oklahoma City, as 2%s. Due interest and June noid & 1954 to 1973 in¬ 15 from Nov. on May Dated dated are 1953. $41,731.72 water works assessment bonds. bonds Co., of Kansas, Wichita, and Hon- purchase of the for 28 (2299) Funding sealed on bids June 2 Board, until for 11 the receive (CST) purchase of a.m. $17,525,000 bonds, as follows: $4,300,000 state VERMONT will textbook Due on June 15, 1954. bonds. Rutland, Bond Vt. Offering—W. J. Simonds, City Treasurer, will bids until 2 p.m. receive sealed (DST) on June 1 66 The Commercial and Financial Chronicle... Monday, (2300) works revenue, purchase of $502,000 bonds, for the Dated follows: as 1 $397,000 reservoir bonds. Due on July 1 from 1954 to 1973 incl Bonds west July on 1 Due on interest and Bank of Palmer ♦Thorndike, & of Boston. Kaukauna, Wis. pay¬ Bond Sale—The $560,000 school improvement bonds offered May 19—v. 177, p. 2184—were awarded to a group composed of Halsey, State in at the National City or both to a and Burns, Pickard, Inc., of Chi¬ 3s, at a price of 101.01, a Seasonally Adjusted 1953 industrial production— •Trust Company, terest cost of about New York City, 1 from 1962 to 1968 inclusive. Exchange Bank, Abingdon, or the ; Washington WISCONSIN County National Bank, Abingdon, legality to be approved by Chap¬ Blair School District No. 1, Wis. man & Cutler, of Chicago. Bond Sale—The $58,000 build¬ or at the Farmers ing bonds offered May 15—v. 177, WASHINGTON Lewi* and Pacific Counties, Pe Ell (P. O. Joint Sch. Diet. No. 301 . a Chehalis), Wash. Offering—Harold Bond County Treasurer, .pealed bids until 8 Quick, will on June 15 for the purchase of $180,4190 building bonds. Dated July 15, 1953. Due on July 1 from 1955 to 4969 inclusive. Principal and in¬ terest basis of Elkhorn (J-J) payable at the County Treasurer's Office. Bond about 3.18%. School receive (PST) p.m. p. 1952—were awarded to Piper, Jaffray & Hopwood, of Minneap¬ olis, as 3y4s, at a price of 100.56, District, Offering Edgar — E. Lawrence, City Clerk, will receive sealed bids until 7:30 p.m. (CST) on June 2 for the purchase of $120,000 March building 1, 1953. bonds. Due 221 +239 236 t257 254 231 +254 250 228 t327 322 285 +325 319 283 t200 198 188 + 196 194 184 tl60 163 164 + 155 158 158 Minerals Major 4.68%, as fol¬ Due June 1 from on __ Total 143,500 4V2s. Due Secretary, sealed (BST) May on ■chase of bids will until 27 for re- 10 All ___ the Bond 1964 The to 1973 Secretary the of Committee, bids until June jErnest State receive will bonds dated are June 1, 1953. 10:30 Sale—An issue road bonds was sold on cost of about 5.25%, $5,000 4y2s. Due 1954 to as on 1963 9,000 5s. Due 1953. Due 1963. on at The State MATURED: Series •Not available. A-1935 to D-1941. Series Series E-1941 inclusive. benchmark new bonds dated are May 1, Series Outstdg. of Outstdg. Amt. Issued $4,907 $96 1.92' E-1951 Total §2,801 37.49 §4,931 until 2 p.m. (CST) purchase of + 122.3 121.6 112.1 97.1 +98.5 130 98.5 J152.0 149.2 132.5 119 124 133 122 111 105 + 103 +87 + 122 115 ___ +119 tEstimated. which was near announced April 17. Back indexes based three-month on moving averages, 1935-39 : ■ • • ■ . SHIRT DIVIDEND The Shirt Board of Shops of 1953 MANUFACTURES Mar. Unadjusted- 1952 Feb. 1953 Mar. Mar. NO, 263 +297 290 247 239 253 247 239 348 348 337 309 337 309 241 234 225 241 234 1,113 1,071 911 1,113 1,071 911 Machinery +404 396 359 t404 396 359 Transportation + 413 405 327 +413 405 32T +308 301 222 +308 301 222 259 218 Open hearth __ equipment (incl. metals parts) and +259 259 218 +259 +298 293 252 +299 +243 245 204 +243 products Lumber and products Lumber SYLVAN Chairman of Furniture 175 158 + 164 159 149 166 149 + 147 142 135 + 196 192 279 244 168 175 + 162 159 tl73 173 152 + 173 173 149 141 148 149 141 349 _ consumption deliveries 212 148 products Rayon 175 216 + 171 ________ Cotton 192 +222 <» 338 288 349 338 288. 122 108. Cement and +196 222 ' 0 Clay products 175 233 +233 __ _ products 119 «■ and 0 108 1 « 0 16T 152 — 101 86 108 88 131 122 $ Manufactured food 131 122 166 +151 149 — tl68 flour Wheat 165 tl09 108 103 + 107 109 101 174 179 + 166 166 165* 152. products 148. + 155 155 + 147 141 150 t31 89 82 t207 207 192 +207 208 192 249 245 205 249 245 205. tl82 180 177 + 185 178 18(b 2,476 2,204 47.08 2.059 2.257 52.29 1,976 2,442 55.27 1,842 2,477 57.35 1.491 2,255 60.20 1.201 2.077 835 Processed fruits and vegs.__ Paper and products Paperboard — _ 63.36 Printing and publishing 95.82 —69 75,039 39,511 35,528 47.35 173 167 164 180 164 171 293 278 +288 293 278 +225 231 210 +225 231 218 Fuel 985 166 +288 Gasoline 74.19 42 97 E_ 2,547 1,028 +234 236 227 +234 236 227 Newsprint consumption Petroleum and coal _ products— oil • Coke 3 324 93.78 75,366 39,515 35,852 47.57 1,113 and G •1942_ 3,273 1,053 2,210 G ■1943- 3.450 1,170 2,279 F 66.06 and G •1944. 3,736 1,103 2.683 70.87 and G ■1945- 3,211 821 2.390 and G •1946. 3,025 772 2,253 74.48 and G -1947- 2,613 609 2.003 G •1943- 3,062 402 2,660 86.87 Series and G ■1949. 1,679 263 1,416 and 204: +319 314 298 155 +158 157 155> 269 +354 336 269» +604 597 563 +604 597 562 +276 chemicals products 76.66 and 333 188 268 242 +276 268 242 + 167 Industrial 74.43 159 +354 — 67.52 and 294 ♦ + 167 170 170" 71.12 F 310 + 158 Paints Rubber 453 204 +315 Rayon H 188 • _ - Chemicals 328 Series Series 84.34 G' •1950- 2,355 252 2,103 89.30 Series and G •1951- 771 61 710 and G •1952. 205 11 194 6,980 22,014 550 3 547 29,545 6,984 22,561 petroleum— Metals - 99.45 J and K__ Crude 111 96 99 122 107 109- 60 68 51 60 68 205 199 +202 205 199- + 120 Anthracite 170 99 +202 coal 123 125 +85 76.36 111 122 86 90) 91 94: 75.93 1953 Bituminous 109 51 Coal 170 96 107 Fuels 94.63 28,994 MINERALS 92.09 Series • Iron ore — — •Data not yet Total series F and J and G K-1952 Total Series F, Total and G, matured available. — tPreliminary. 1935-39 CARLOADINGS average=100 —Unadjusted- 5,003 4.907 96 1.92 Coal 104,911 . 1952 1953 46,498 58,413 55.68 Coke 109,914 unmatured 51,405 58,509 53.23 Livestock Feb. Mar. Forest tlncludes accrued discount. 1, 1951, and interest thereon for thereafter, a tCurrent redemption value. which further period owners of have 10 years. option §Includes bonds maturing of holding -■ ■ . and receiving 1952 -1953 Mar. Feb. Mar.. 92 97 (111 92 97 Ill 184 181 196 186 191 198 130 114 139 119 112 128; GO 57 66 47 46 142 146 141 142 140 273 275 257 79 69 75. 154 _ Grain Grand total May • » _ 149 149 146 140 142 45 45 47 45 43 4& de¬ COLE. Board 20O> 212 172 1,565 National the 252 204: 171 G ■1941. Series clared a regular quarterly dividend of 20 cents per share on the common stock payable May 29th, 1953, to stock¬ holders of record May 21st, 1953, Trans¬ fer books will not be closed. 293 245 . + 173 Stone, clay and glass products- Textiles 225 - + 161 _ Mar. has 263 290 +173 3,433 _ Series Series—Total of Mar_ Other manufactured foods and Series 47 Inc. 1952 Feb. 253 Pig iron INC. Directors Delaware, centered afe Meatpacking Series F SHOPS be average=100 Seasonally Adjusted • Seasonally Adjusted OF DELAWARE. will of F. W. Dodge data for 37 Eastern States. FREIGHT NATIONAL figures future. 40.45 Series DIVIDEND NOTICE 92 120 40.99 Series water ' 4,386 Series F bids 96.0 5,604 Series P Principal $350,000 levels Construction contract May 25 for on 111.7 99.4 — 6,313 Dated sealed 121.2 -U 8,249 3,746 Total Series E and Parkersburg, W. Va. Bond Offering—Wm. G. Brown, receive 104.7 1179 4,319 Series H-1952 and 1953 City. will 111.0 41.05 3,273 E-1952 E-1953 Unclassified 4.670 7.081 37.24 4.413 E-1950 Series §629 4,316 E-1949 Series 1.060 4,681 E-1948 Series and Mayor, + 111.6 13,853 E-1946 Series May 1 from inclusive. 104.9 10,699 E-1947 Series interest (M-N) payable at the •State Treasurer's office, or at the Chase National Bank, New York tbe tAmount Series 1956 107.8 111.2 +113 request in the very Electric 7,471 E-1945 Series sealed bids until 7:30 p.m. (EST) June 1 for $17,000 water to 110.7 unadjusted indexes of employment and payrolls are compiled by or based on incorporate the Bureau's revision for recent to second month, May 1 from 1964 on 12.012 E-1943 E-1944 Series •at* 1954 + 111.3 of the Bureau of Labor Statistics and years Steel Redeemed 1,689 E-1942 Series Ceredo, W. Va. Bond Offering—Chas. S. Wright, Town Recorder, will receive bonds. 109.1 Tanning Series Treasurer's on 155 112.4 +297 May 1 from tAmount $5,003 Series extension 183 143 132 tPreliminary. Shoes VIRGINIA May 1, 1953. Due 163 + 143 ^Estimates, seasonally adjusted, tor April, 1953: total industrial production, 242; manufactures, 257; durable manufactures, 329; nondurable manufactures, 198; minerals, 160. - Leather to be approved by Preston, Thor,#rimson & Horowitz, of Seattle. works + 163 157 +99.6 follows: UNMATURED: ■office, or at the option of the bolder, at the fiscal agency of the #Slate, in New York City. Legality WEST 174 167 — — $14,000 1953. Issued June 1 from 1955 to the 182 INDUSTRIAL PRODUCTION of Percent Principal and interest (J-D) -payable 166 + 122.3 Freight carloadings Department store sales, value Department store stocks, value- to 1973 inclusive. tAmount a.m. emergency school con¬ struction bonds. Dated June 1, 151 May 11 to (Dollar amounts Ig millions—rounded and will not necessarily add to totals) (PST) on for the purchase of $20,- 3 tl51 Fabricating Minor, Finance <900,000 164 ... total—I Pincourt, Que. Bond Savings Bonds Issued and Redeemed Through April 30, 1953 pur- sealed 112 173 + 111.8 Nondurable available upon inclusive. United Slates $300,000 water bonds. Offering 108 151 Smelting and refining WashingtPn (State of) , 110 148 + 151 +112.4 Durable Payrolls, 150 + 157 106 tl54 __ other + 154 103 150 tl45 Residential 104 146 tl48 lIEmployment and payrolls— Nonagricultural empl., total— Manufg. production workers— Employment, total 148 1151 goods— _ Nonferrous a.m. 217 tl44 cars Construction contracts, value— Total data June 1 from on Bond Offering—Herman I. Han¬ District Mar. tl48 fThe 1954 to 1963 inclusive. JSltagit County Public Utility Dist. h'o. I (P. O. Mt. Vernon), Wash. son, Feb. total $246,500 4s. on Mar. consumer durables— Automobiles -ceive 1952 240 Nondurable lows: Dated March 1 from 1954 to 1971 inclusive. Prin¬ 1953 t242 Total Rene T. Leclerc, Inc., of Montreal, at a price of 97.05, a net interest Wis. Unadjusted- 1952 Mar. Passenger June Mar. Feb. Household on carloadings, series Durable CANADA QUEBEC Co., Carl M. Loeb, Rhoades & Hallgarten & Co., Brown Montreal Metropolitan Commission Harriman & Co., G. H. (P. O. Montreal), Que. Walker & Co., Dick & MerleCoodson-Kinderhook Water Debenture Sale—The $3,651,000 Smith, Bartow Leeds & Co., all of Authority (P. O. Abing- • improvement debentures offered New York, De Haven & Townsdon), Va. May 20 — v. 177, p. 2059 — were Bend Offering — W. G. Lester, end, Crouter & Bodine, of Phila¬ awarded to a group headed by Granbery, Marache & Credit Chairman of the Authority, will delphia, Interprovincial, Ltd., of Co., Freeman & Co., and Goodreceive sealed bids until 2 p.m. Montreal, at a price of 96.21. body & Co., all of New York, at a (EST) on June 9 for the purchase Sorel School Commission, Que. price of par, a net interest cost t $825,000 water revenue bonds. of about 2.27%, as follows: Bond Sale—An issue of $390,000 Bated June 1, 1953. Due on June school bonds was sold on May 11 i from 1959 to 1983 inclusive. $1,300,000 4s. Due on June 1 from to Gaston, Laurent, Inc., of Mont¬ 1954 to 1956 inclusive. Bonds are callable as of June 1, 2,166,000 2s. Due on June 1 from real, at a price of 97.13, a net in¬ 1966. Principal and interest (J-D) Due other Manufactures— & 2V4S. INDEXES 1947-49 average=100 for all Co., 3,034,000 follow: ago, Total group 1957 to 1961 inclusive. year 1935-39 average=100 for industrial production and freight basis of about 2.90%. composed of Kuhn, Loeb & Co., Eastman, Dillon & Co., Barr Bros. payable at the Chemical Bank & a BUSINESS Bros. VIRGINIA and Milwaukee, & cago, as $6,500,000 road bonds offered May 20—v. 177, p. awarded of Corbett month a Co., Chicago, Milwaukee Co., and Robert W. Baird & Co., Virginia (State of) 2184—were with Stuart & Bond Sale—The Boston, Dodge, the ler, of Chicago. 1, Shawmut tional of Commission Fund West legality to be approved by Storey, office the The Board of Governors of the Federal Reserve System issued April 28 its monthly indexes of industrial production, factory employment and payrolls, etc. The indexes for March, together on 1, Bank, New York City. Legality to be approved by Chapman & Cut¬ 1953. Principal payable at the Na¬ July Jan. Principal and interest 1956 to 1965 inclusive. Dated of as at Charleston, from and curbing July 1 from sidewalk bonds. callable are Sinking 1956 to 1965 inclusive. 10,000 gality to be approved by Chapman & Cutler, of Chicago. 1958. construction street Due bonds. inclusive. 1975 Federal Reserve March Business Index at the City Treasurer's office. Le¬ able 1973 inclusive. 30,000 to payable July on maturing in 1959 and there¬ after 55,000 street construction bonds. Due on July 1 from 1956 to 1958 from cipal and interest (M-S) sixth series bonds. July 1, 1953. Due May 25, 1953 _ products Ore - Miscellaneous Merchandise, l.c.l — 53: 141