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OF MlwH GAN

MONDAY

ISSUE

JUN 1

1955

the commerciaew

Financial Chronicle
•

.

1

■

Reg. U. 8. Pat. Office

.

Volume 181

Number

5433

-

New York

-

7, N. Y., Monday, May 30, 1955

Price

$1.15

Copy

a

,

General Corporation and Investment News
RAILROAD

PUBLIC UTILITY

-

INDUSTRIAL

-

INSURANCE

-

MISCELLANEOUS

-

'

Air Control Products, Inc., Miami, Fla.—Stock Offered
—Scott, Horner & Mason, Inc. and associates on May 24
offered publicly 300,000 shares of common stock
(par
value $1) at a price of $6 a share. This
offering was over-

subscribed and the books

closed.

Of

lative

:

Perry T.
the

f

"

by the company,
construction
and

the

aluminum

extrusions

estimated

at

equipping

of

and

for

additional sales ofiices,
working capital.

for

plant

a

will

the

for

general corporate

opening of
and

about $1,250,900,

be

such

equipment,

more

BUSINESS—Principal products of the company are jalousie windows
doors, and awning-type glass windows with aluminum frames.
Recently the company has commenced the sale of glass or fibre glass
tub

aluminum

enclosures

door

In

aluminum

frames,

and

the

manufacture

net

sales

of

$267,851,

and

with

77

cents

a

net

income

sales

share

for

of

the

of

$438,396,

$3,011,204

previous

equal

and

to

$1.25

income

net

sale

current

notes

Alabama
12

Months

Operating

Gas
Ended

Gross

;i.

income

Net
Net

income

Common

after

shares

Earnings

per

—V. 181,

p.

preferred

1,755,344

Power

bids

101.80;

for

& Co.

(jointly)

Si

Inc.,

Co.

Ripley &
The

the

Equitable

share

-

925,317
$1.90

$1.79

__

Co.—Bonds

Offered—An

bonds

Securities

as

3V2S

Corp.,

from:

came

Union

Lehman

Securities

Corp.

the

construction.

Expenditures

$33,355,000

BUSINESS—A

for

for

this

are

estimated

at

approxi¬

1955.

including Birmingham,

Mobile and

Montgomery.

amounted

to

$18,423,000.

CAPITALIZATION—Giving effect
company

to

the

sale

of

the

new

bonds

the

will have outstanding $184,155,000 of long-term debt; 4,226,of common stock, without par value; and 464,000 shares of
stock of $100 par value.

shares

preferred

Service
When
any
our

your

on

The

us—we

Monthly Bulletin

can

help

Members: The Toronto Stock Exchange
The Investment Dealers' Association
0/ Canada
ADELAIDE ST. W.

Hamilton

-

Brantford

54

Reserve

Windsor




Sarnia

Sudbury

Brampton

debenture

of

by

3.—V.

June

on

soon.

the board to be July 11, 1955
by lot as soon as possible after
181.

2237.

d.

filed

registration

a

163,898

17, 1955,

May

held.

No

statement

shares

at

of

$6.50

at the

its

$1

with

rate of

one

Trust

Co.

of

New

York.

stock¬
for each

share

new

indebtedness

Such

largest

170

amounts

of

The
June

3

directors

28

2,800

Blyth & Co., Inc

underwriters

named
below
severally have
purchase from the company the respective
bonds set opposite their names;

new

$2,275,000

Merrill, Turben & Co.

the

Chas. W. Scranton & Co.

by

working

Shearson, Hammill & Co.

500,000

Emanuel,

250,000

(Inc.)

Co.

Fahey,

_!

1,250,000

Ball, Burge & Kraus
Fulton, Reid & Co.The

750,000

Milwaukee

750,000

Co

181,

p.

&

Loewi

&

Co

2353.

Inc.

T

to redeem
shares

1

from

the

of

cash

approved

employes

for

submission

to

option plan under

would

be

at

four

1V2"

by

feet

p.s.i.

the

stockholders

which

granted

stock,

common

number

would

be

would

500.000
at

be

common

shares

of

which

shares

least

stock

at

company

on

approximately

options

time

be

may

and

of

85%
the

American Cyanamid
ing

company

catalyst

to

purchase

announced

the

price,

fair

the

the

issued

and

be

to

market

option

on

sold

fixed

value

is

Howard

E.

funds

company's

7%

1

Pre¬

100,000
cumu¬

is

pore

Nehms,
said

that

volume

Manager

for

of

the

the

the significance

petroleum

a

crack¬

new

refinery

industry.

company's Refinery Chemicals
of the development of this new-

that

its new pore volume brings about increased stability
efficiency which will enable the refineries to make im¬
portant savings in their operations. It represents, he declared, the best
combination of qualities to give
the highest possible cracking effi¬
ciency.
These results, he disclosed, are based
upon
extensive
field

cracking

testing In cooperation
181, p. 1549.

with

more

than

a

dozen

petroleum

refineries.—■

V.

American
See

Coffee

Dry

Time

Ginger Ale Co., Inc.—Exchange

Products

of

America. Inc., below.—V.

173,

Offer
757,.

p.

\

/

The Investment Dealers' Association

Walwyn, Fisher & Co.

Canadian
and

Government, Municipal
Corporation Securities

Th«d Midland

Members:

Company

The Toronto Stock

Stock

orders
all

-

of Canada

Monthly Review, dealing with

various aspects

on

Exchange

The Investment Dealers Association
Our

Exchange

executed

of Canadian financing

will be sent upon request.

Exchanges
44 KING STREET

to

WEST, TORONTO, CANADA

Telephone: EMpire 4-1131

toronto, london, sault ste. marie, montreal
'Private wire

Eastman, Dillon & Co.

New York

of

granted.

Co.—New Cracking Catalyst—

May 9 announced the development of

on

high

of

Toronto Stock

n

manufactured

measures

2253.

p.

Department,

150,000

of

plan

181,

The

and

-

on. May 24 voted
187,000 outstanding

It

flow of 2500 cfm

Co.—Proposes Stock Option Plan—

company's

committee,

catalyst

&

Co.

directors

the

250,000

Mayes,

MacArthur

To Redeem Part of 7%

—

the

of

250,000
250,000

Co

Kenower,

'

&

Co.

&

500,000

ALCO Products, Inc.
ferred Stock Issue—
the

Deetjen

Clark

Hendix

750,000

polyethylene

processor.

gas

857.

p.

incentive stock

maximum

company's

—V.

500,000

Singer, Deane & Scribner

Republic

from

a

24.

a

the

500,000

8|tone & Webster Securi:"v»
ties Cotp
1,900,000
fA. G. Becker & Co. Inc. 1,400,000
Central

is

the

of

excess

$500,000

Kl$derfTPeabody & Co.— 2,275,000
—

with

181,

have

broad

a

management

under

the

made

ever

large chemical

a

American Can

53

The

firm commitment to

for

degrees F.—V.

shares

a

scrubber

corporation

May

UNDERWRITERS—The

to

indebtedness

loan

54

the 12 Months of 1954

principal

on

stock,

common

be

Midland

SEC

common

by

underwriting is involved.
used to repay the company's

will

the

par

share

per

up

to

System

TORONTO. CANADA

—

issue

will be used In contact with
hydrofluoric acid and fluorides
Advantages of polyethylene for such equipment include its excellent
impact strength and
unbreakability,
Its desirable low
temperature
properties, and its excellent chemical resistance at temperatures

Statement of Member Banks of

member:

Ross, Knowles & Co. Ltd.

attemps had been
stock, including a

proposed

a

expected

selected

subscription

dimaeter, five feet high,

,

upon request.

be

fixed

was

called

covering

record

Marine

of Canada

you.

Several

preferred

7%

It

all Securities

disposal.- Consult

1901.
for

American* Agile Corp.—New Development—

in

mi :mbers:

require information or quotations on
Canadian Industrial, Mining or Oil security,
research and
trading facilities are at

could

date

be

for

proceeds

demand

54

Rates.

M idland Securities

you

1955,

then

Net

Capital Flotations for December and for

The

action
to

corporation

The

The Course of Bank Clearings

shares

in
the

SEC

subsequently withdrawn. Mr. Egbert informed share¬
meeting held on April
19
that
alternative
redeeming the preferred stock were under consideration,

offered

share

this

Federal

—V.

the

annual

direct

holders of

19

Exchange

This

a

amounting to $980,000. Any proceeds in
amount
required for such payment
will be added
to
capital of the company.—V. 181, p. 641.

Reserve Banks

CANADA-

25

41

66

Condition

.

available

'

.

was

stock

19,

be

Corporation & Investment News.Cover

Hayden, Miller & Co.—

EARNINGS—Operating revenue increased from $52,402,000 In 1950
to $77,740,000 in 1954. Gross income for 1954 before income deduc¬

455

Averages

Combined Condition Statement of Federal

,

purpose

utility operating subsidiary of The Southern Com¬
Power supplies electric service to 611 communities in

Alabama

Alabama,

tions

Bond

This

to

Redemption Calls and Sinking Fund Notices 54

I

of

*'

•

"resulting

make

major step toward ridding the
obligation dating back to the incorpo¬

was

eliminate

with

redemption

the

May

Foreign

made

24

May

to

share."

common

closing of the transfer books

State and City Bond Offerings
Dividends Declared and Payable

redeemable,

utility company proposes to use the proceeds from
with $4,500,000 expected to be received later in the
sale of additional common shares to The Southern
<3ompany,
parent organization,
in
connection
with
its
construction
program
and
for payment of short-term bank loans
incurred
for

pany,

The

41
41

Miscellaneous Features

Drexel

along

from

mately

52

Markets

101.779; The First Boston Corp., 101.76; Halsey, Stuart
Stanley & Co., 101,7591; and Harrlman
Sachs & Co. (jointly) 101.649.
are

a

said,

expansion.

Ambassador Hotel of New York,
Inc.—Registers With
Securities and Exchange Commission—

101.7591;,. Morgan
bonds

company

48
51

Brothers,

and

on

past

the

at

that

and

Co., Inc., and Goldman,

new

sale

47

the

General

underwrit¬

PROCEEDS—The

year

with

and

the

methods
'*

a

all or part, on 30 days' notice at
prices ranging from
105.45%
to
100%, plus accrued interest; and
through the sinking fund at prices ranging from 102.442% to 100%,
plus accrued interest.
the

46

Stock Exchange

Stock

the

registration

holders

45

1,509,942
841,198

outstanding at end of period

common

additional*

Co.

action

bonds, which

45

National Quotation Industrial Stock Averages 41
SEC Index of Stock Prices
41

ing group headed jointly by Blyth & Co., Inc., and Kid¬
der, Peabody & Co. placed on the market on May 24 a
new
issue of $15,000,000 first mortgage
bonds, ZVz%
series due June
1, 1985.
The bonds were priced at
102.442% and accrued interest to yield approximately
3.37% to maturity.
The issue was awarded to the group
at competitive sale on May 23 on its bid of 101.90.
Other

Exchange

45

Dow Jones

1773,

Alabama

Stock

1,611,284

__

dividends

1,856,686

an

that even after redemption of
company's working capital will bo
than the average working capital
in the postwar period, and Is mort

in preferred dividends," Mr. Egbert
redemption of these
shares
will
100,000
annually after taxes for working capital or

in

recent

$2,289,325

—

:

retire

$10,000,000 call value of the remaining 87,000 pre¬
plus the outstanding $10,000,000 loan from Metropolitan

made

44

Transactions New York Stock Exchange
Transactions American Stock Exchange

1954

$2,578,885

income

to

the

company of a primary equity
ration
of
American Locomotive

Toronto Stock Exchange—Curb Section

$23,589,525 $21,436,302
2,539,501
2,176,782
39,384
112,543

income

income

time

same

observed
tile

higher

42

Over-the-Counter
1955

is

42

___

Canadian Stock Exchange
Toronto Stock Exchange

Corp.—Earnings Higher—
April 30—

the

savings

the

ALCO's

42

Montreal

year.

This

is equivalent to 40 cents

San Francisco Stock Exchange

of the company, giving effect to
common
stock, amounts to $222,693 of 5%
in¬
600,000 shares of common stock.—V. 181, p. 2009.

revenue

Operating
Other

of

and

42

Stock Exchange

"The

Pittsburgh Stock Exchange.

a

of

CAPITALIZATION—Capitalization
the

stallment

$700,000

Philadelphia-Baltimore

compares

or

37

Midwest Stock Exchange

of

thresholds.

$5,154,258

This

from

Detroit Stock Exchange
Los Angeles Stock Exchange.

EARNINGS—For the year ended Feb. 28, 1955, the company reported
share.

by

double

33

21

Cincinnati Stock Exchange

and

ahower

maintained

than

ferred shares,
Life Insurance

Boston

of

the

as

r

New York Stock Exchange (Stocks)
New York Stock Exchange (Bonds)
American Stock Exchange

'

for

production

purposes,

the acquisition of

used

at

President,
preferred shares

$43,000,000.

level

Page

-

PROCEEDS—Proceeds from the sale of the 250,000 shares of common

stock

and

Egbert,

100,000

over

.Stock and Bond Quotations

were

officer.

stock,

preferred shares held in the company's treasury.
At the call
of $115 per share, plus accrued dividends, the transaction rep¬
resents a cash outlay of $11,519,000.

price

'

the

total, 250,000
sold by the company and 50,000 shares
by Henry A. Keller, President and principal executive
shares

preferred

13,000

In This Issue

City

/

<

\

HJIM ^C.

V.Am
'*>

2

-t /

J

\'

>'

The Commercial and Financial Chronicle

fcr;

(2458)

15

Plant-^5

Big'Fiber

American Enka Co.—To Build

APA

corporation on May 17 announced plans to construct a multimillion dollar rayon staple fiber unit, with a production capacity of
about 50 million pounds per year, at its Lowland plant, near MorrisThis

cost of the new unit in the

Current estimates place the

Tenn.

town,

neighborhood of $20,000,000.
John E. Bassill, President,

stated that construction of the new unit
fall of this year and that pro¬
duction is expected to commence late in 1956.—V. 181, p. 1773.
the late summer or early

■Will begin in

(& Subs.)—Earnings Up

American Gas & Electric Co.
April 30

ended

——

ended April 30
7 1 months ended April 30
L !7T".

—.

share of common stock

per

for

12,711,947 shares for 1954.-

)vegisters With Securities and Exchange
filed

company

registration

a

Commission—

with the SEC on May

statement

covering 192,000 shares of ns $o par common stock, to be
fered for subscription by key emplovees of the American Gas system

Plan—

American Gas Key Employee Stock Purchase

3
rrsuant to the
-.55.—V. 181, p.

1955/;/,

Three Months Ended March 31—

Costs

of

in

dry

Other

$3,099,730

$3,368,636
13,174

$3,102,981

$3,381,810

201,365

sales

)fit

ta::es

Provision

on

Income

taxes

$2,157,741

income

on

$2,114,330

—

1954

$2,046,103
$206,601
103,300

—

income

taxes

for

on

$1,931,022
$117,901
58,513
$59,388
$0.24

Federal

jNet

income

Earnings
—V.

—

per

181,

$0.57

share

common

Illinois—Record Earns.—

American Investment Co. of

;

jf;

,

Mtcr

i__

and

of

ver

K«r> ed

receivables

OvM.tantding

Machine

American

$0.60

Seles

Working

Total

&

Natural Gas Co.

Aj lerican

Long-term

ting revenues
gating expenses

and

taxes

$

,

of

include

1955

trains

total

<

"

aerating

income

jr

r/oss

r

.

new

branch

The

growth
its

stores
180,

net

divs.

erred

income

Natural

American

of

Gas

on

Pa.—Offer Expires—

The tender offer expired on May

20.

May

of Birdsboro Steel

assets.—V.

Foundry

181,

proceeds

be

to

Machine

&

Electric

present

indications

may

8,884,401

be at

similar level.

12,249,943
45,473

45,451

a

Consolidated

.rnlngs

per

net

inc., after pfd.
share—

dividends—

$3.66

As

it was
1955.

13,

Nov.

on

29,

American

1954.—V,

Rare

181,

The

of some

Metals

Corp.,

total

amounted

the

As

of

to

5%

$2,502,000

*

i $1

is an out¬
sale last year of

Co.'s

for

If.

for

exhaust
to

the
all

call

expenditures

construction

one

with

cent)

to

the

SEC

of

earlier

this

The

year.

offering

quickly

was

oversubscribed and the books closed.
The

is

company

tableware

and

reported

major

a

plastic closures.—V.

to

be

producer

181,

the

largest

glass

of

manufacturer

containers

and

of

metal

Net

sales

income

3.969.016

taxes.:

2,105,336

3,245,100

$1,863,680

$2,878,615

1,444,865

1,409,625

$0.39

-Dividends

Earnings
—V.

paid
per

181, p.

share

of

a

will

published shortly,
prepayment offer.—V. 181,

Steel

of

Corp.

which

at

time the
2114 and 2354.

pp.

Debenture

—

95.8%

or

3^4%

the

of

25-year

-Railway
Hallway
Net

oper.

Net

revenues

oper.

Fed.

$7 '8 "00

expenses

oper.

ry.

after

1955—Month—1954
584.427

warrants,

$2,925,691

$2,803,660

573.273

2,336,127

2.351,554

247,127

all

capital
j

27

May

warrants
at

the

$5

must

be

this

by

entitle

share.

per

exercised

bearer

In

to

that

July

by

fixed

67,780 ' '

expiration date

will

received

be

exercised

This

31,

181,

from

at

through

\ or

1955,

the

175.000
main

to

'•

the

the

transfer

In July

warrants

agent,

1952.—V.

have

the

of

190,711

109,188

FINANCIAL

mills

was

of

and

taxes.

the

of

are

earnings

the

The

shares.

corooration

of

supply

ized

This

but

181.

p.

were

$8,378,442
of

the

company

is

12

insurance-

equity capital of the Bowaters Southern
additional $5,000,000.
stockholders that production at Bowater'^

an

informed

at

Bowater

Franiff
Three

Brook,

Corner

pulp

and

call

s^id,
plus

paper

for

Paper Corp.,

a

Ltd.

Corp.—Expansion—Financ'g:

above.—V. 180, p.

1430.

Inc.—Earnings Increased—

Airways,
Ended

Months

Total
Total

March

$11,422,963 $10,078,687

expenses

Net

,

10,474,619

^

taxes

505,900

———:

net

operating income
from sale of equipment——

Net income

$14,959

$948,344

—

—

income

10,063,728

capital gains and income

before

revenue

Applicable

1954

1955

31—

revenues

t

—___

„

$14,959

$442,444
46,114

57,678

$488,558

$72,637

—

warrants

in

income

Net
—V.

181, p.

2354.

British Industries

Corp.—Earnings Increased-

new

the

may

Waltham,

be

$856,567

;

-

profit

after

reserve

for

taxes

."—

Earnings per share
This

traded

the

on

179,

has

shares

200,000

outstanding

and

Market by
some
seven
regularly maintain markets

Over-The-Counter

Over-The-Counter

-^-V.

_

corporation

which

houses

17,898

68.528
$0.34

$0.09

is

freely

or

eight

therein.

1330,

p.

accounted

unissued

stock

and

annual

has
for

Edison

Brockton
/

-

income

report

been

net
In

return
the

taxes

to

the

first

3.15%

on

quarter, of

sales

June

due

1954,

slight'v

to

Bids

outstanding
3,258.12534

Offered—Blair

&

Co.

1,

1985, at

101.42% and accrued interest, to

yield 3.30%. Award of the issue was won by the group
at competitive sale on. May 25 on a bid of 100.42%.

$9,140,000.

stockholders,

increased

by issuance of

under

of

Co.—Bonds

Incorporated and associates on May 26 offered $6,000,000
of first mortgage and collateral trust bonds, 3%% series

for

102.0333;
Co.

11.683 shares of author¬
Compensation Plan.—

3y2s came from:
Halsey, Stuart & Co. Inc..
& Co., ..White, Weld & Co. and Shields St
and Stone & Webster Securities Corp., 101.36.-.
bonds will be redeemable at the option of the company at

the

The

bonds

Kidder,

(jointly),
new

as

Peabody

101.599:

Incentive

(Continued on page 13)

1438.

Y., REctor 2-9570. Herbert D. Seibert. Editor and Publisher;
Seibert. President. Published twice a week
[every Thursday (general news and advertising issue) with a statistical issue on Monday], Other offices: 135 S. La Salle Street, Chicago 3,. Illinois
leiephone STate 2-0613); 1 Drapers'
Gardens, London, E. C., England, c/o Edwards & Smith. Copy right. 1955 by William B. Dana Company. Reentered as second class matter February 25, 1942, at the
York- NY" under the Act of March 3. 1879. Subscriptions in United States,
U. S. Possessions. - Territories and Members of Pan-Americaa Union, $48.00 per year; in Dominion of

William

Canada,
NOTE.

CHRONICLE

(Reg. U. S. Patent Office)

William B. Dana Company,

Publishers.

25 Park Place. New York 7,

N.

Dana

$51.00

per

On account

year.
of

Other Countries, $55.00

the




fluctuations la

the

per

rate

year.

of

exchange, remittance for

foreign

,

$453,508
•

Net

Mass.,

Old Colony. Trust Co., in Boston,
public offering of Bettinger common
actively traded in since their issuance

/

Sales

1954

1955

Quarter Ended March 31—

new

a

The

the

by

181, p. 1670.

issuance

of

subscription

warrants.

$187,500

the sale of 37,500
outstanding stock of

from

earnings represent a
equivalent to $1.85 per share.

Since

for

bearer

are

Sales for the first quarter of 1955 were $191,861,192, compared with
$266,459,763 in the first quarter cf 1"54. Net earnings for the quarter
$6,040,613 after provision for $6,600,000 for estimated Federal
income

bjr

operation

entirely financed in North America.

be

arranged

Bowaters Southern Paper
See

'were
*

in

be

to

Newfoundland, one of the world'smills, is currently at an all-timefurther speeding ud of operations at
t'ae
installation of
four
additional
woodpulp
grinders, the further development of the high-yield sulphite pulning
process
and,
to co->e with
the exoanded production, a new
6,000kilowatt steam turbine is being installed.

/

V.

THE COMMERCIAL AND

t

52,271

2353.

will

has

the

of

will

Plans, he
Corner
Brook,

com¬

the

with

been

holders

exercised.

are

increase

212,500

office

is expected

Eric,

Sir

for

it

date

warrants

to

direct

sent

Bettinger

will

Mass. Issued in conjunction

i stock,

shares.

79,352
p.

Co.

owners

high.

Expire

share of

one

expiration
the

since

warrants

by

sale

be

can

outstanding

shares.

corporation
i

stock

ductions

said

>

'

purchase

the

noting

stated

companies-

pulp.

expansion
^

integrated

largest

principal

Warrants

Mass.

corporation/

the

of 40

expand

Chairman

Canadian

com¬

May

due

American subsidiary, is one

stock through May

Waltham,

corporation

75,000

common

165,241

94,043

tons

a

Corp.,

The

Offering 95.8%

$191,659,000

debentures

common

warrants

on

the

of

If

net

taxes

charges and other de¬
—V.

Paner

warrants, no1 record of holders could be kept. Consequently,. no notifica¬

«

$7*3.504

embracing two continents, includ¬

has

to

Star lev

Normal

two

stock

mon

1955—4 Mos.-+-l954

income

inc.

after

income

•

in,

and

Tennessee

Montreal,

4

Corp.,

Outstanding

>

RR.—April Earnings Increased—

Financed

Be

to

further $15,000,000 In bonds and five leading American.,
banks headed by J. P. Morgan & Co. has agreed to take up $5,000,000in serial notes. These two groups participated in the original financing
of Bowaters Southern.
The Bowater Paper Corp. of North America,

It is contemplated

1955.

1,

be

Boeing Airplane Co.—Sales & Earnings Off—
Ann Arbor

mills

tons,

The

1437.

Period End. Apr. 30—

181,

1956

companies of

announced

was

$0.60

,___—

earnings

225,000

t.ie

machine,

new

Moreen

of

funds

.announced

♦

Net

Haverhill,

areas.—V.

near London and Liverpool, Eng.,
next five years of four new paper
annually to the capacity of the

the

over

add

(kraftj

decision

July 31—

and

6,123,715

Mill

Tennessee

taxes

$58,064,338 $64,210,141

before provision for
for income taxes

Provision

between

runs

and

these

risem from a rate of 145,000 tons per year to
sulphate pulp output from 60,000 to 65,000 tons.
the Tennessee operations, said Sir Eric, has
been
induced by the increased demand for newsprint in the
United
States. During the first quarter of 1955, he noted, consumption there
showed a gcin of 7 V2 %
over the corresponding period a year
ago.

that this amount, which wTl
currently available for this purpose, would be used
the 6% series J bonds remaining outstanding on Dec. 1,
and

Bettinger

glass

1954

-

on

Bjston

and by 1957 "it is hoped that the Tennessee mills'
output will reach 275,009 tons per year."
In the last six weeks, the Chairman stated, newsprint output of the

$18,523,000 of general sinking fund
retirement of refunding and general

the

call

tion

1955

in

a
new $60,000,000
mill in Calhoun last July with an
production of 130,000 tons of newsprint and 55,000 tons-

at

annual

160,000

1

-

Quarter Ended March 31—

will

Southern,

sulphate
The

1, 1980
1, 1965,
offered
to
common
stockholders
under
subscription
rights which expired on May 23. The remaining $7,961,000 of debentures have been taken up and sold by the
underwriting group headed jointly by Kuhn, Loeb &
Co. and Smith, Barney & Co.—V. 181, p. 2144 and 2238.

Anheuser-Busch, Inc. (& Subs.)—Earnings Lower—

■Income

it

amount,

and interest accrued to Dec.

Each

1874.

p.

trains

and

operated

ever

Corp., Ltd. (England)—Announces Ex¬

for

addi/ion

which

September

bonds.

K

tenders,

used in

and convertible into

lioston

•

series

5%

be

to

formal

a

amount

the market

died

bonds,

these

of

$183,698,000

Anchor
Hocking
Glass
Corp.—Secondary Offering
Completed—A secondary offering of 60,000 shares of
.common stock
(par $6.25) was made after the close of

who

Ruckport,

and

third

a

the

for

initial

1956

in

Subscribed—This corporation received subscriptions

purposes.

on May 25 by a group headed
by The First
Corp. and including Hayden, Miller & Co. and
Merrill, Turben & Co.
The shares, which were priced
at $37.25 per share, came from the estate of Thomas C.
;Fulton, Vice-President and Secretary of the company,

a

went in

expansion of mills and factories

operations

tendered
which $7,325,000 were
$6,150,000 for the 6% series J bonds and

principal

1955, at 100%

offered

be

makes

timetable

pLns lor expansion in North America, Sir Eric an¬
newsprint machine will be installed at a cost

its

of

that

Bowaters

181, p. 2354.

V.

also

that

The

corporate

G

the

remain

mortgage bonds,

share through Equity Securities Co., 11 Broadway, New York,
net proceeds are to be used to pay debt and for general

per

Y.

notification

(par

which

24,

comprising the far-flung Bowater Organization, one of the world's,
leading producers of newsprint and other paper products. It began

proposed stock

$345,000,000 of outstanding debt securities.
refunding and general mortgage bonds

series

pany will make

of

conventional

replaced

BDston

equipment

Plans

part

calling

the

that

See

these

Bethlehem
The company on May 11 filed a letter
nvering 300,000 shares of common stock

air-conditioned

steel

May

on

ago.

nave

Lcwcll,

linest

stainless

railroad

operating since the spring

$25,000,000 at t..e Bowaters Southern Paper Corp. mills at Calhoun,
Tenn. He also disclosed
details of Bowater's $75,000,000 master plaa

will acquire

Y.—Files—

N.

month

tra.ns

and

the

Highliner
this

on

trains

of

Co.—Proposed Expansion—

from

are

$15,977,000

result

a

moneys

1437.

p

$26.17

181, p. 2115.

RR.—New Trains in Service—
Budd

service

one

new

nounced

The company on May 23 announced the results of its invitation for
tenders of its outstanding series G, J, and K refunding and general
mortgage bonds, another step in the road's plan for the overall refi¬

Earnings for the prior period have been adjusted to give effect to
refunds, reduction in the cost of gas and other adjustments resulting
i"nm
the acceptance by the Federal Power Commission on Jan.
13,
7
55, of revised rate schedules filed by Michigan Wisconsin Pipe Line
<>♦., subsidiary, to comply with the Commission's opinion and order
L sued

into

The

12,204,470
$3.31

13,491,159

common

$41,699,832 $39,763,899

purposes.—V.

$100,000,000 expansion program

A

Ohio RR.—Results of Tenders—

Baltimore &

for

i

stock)

ing a subst;.nt.al ;ncrea_e in newsprint production in the United States,
was announced on
May 25, by Sir Eric Vansittart Bowater, Chairman.

2114.

p.

received

and

21,134,344

Co.__

value

$26.57>

new

Bowater Paper

has outstanding 92,636 shares of common stock,

now

operating

nancing

Consolidated
T.

(Book

corporation's English mills.

19,872,771
1,261,573

13.536,610

—

.__

capital

deluxe

41

macnii.es

$

9,336,972

income

deductions

Mine

$39,763,89^

2010.

p.

a

of

The company, according to Maurice Goodman, President,
or
make investment in various enterprises.
The company

1954

22,873,582

(net»

54,229

$51,693,832

share

Maine

&

about

giving

financing will
be used for general corporate purposes, including proposed construction
expenditures, and to repay, prior to their maturity, bank loans not
exceeding $10,000,000 which will be made in June to provide temporary
funds for such purposes.
Property additions and improvements are
expected to require expenditures of more than $35,000,000 in 1955

22,320,357
553,225

income-.

liabilities

over

more

Tennessee
f

17,730,038

142,044

10,000,000

per

went

of

effect

*4,657,000

February.—V.

during

opened

liabilities

outstanding
value

Eighteen

result of completion of its recent offer to pur¬
the total shareholdings of its stockholders at $20

as

to 80%

announced

123,703,648 117,889,731
101,383,291
98,016,960

C "n"r

Baltimore

Baltimore Gas &

1955

31—

months

three

and

company,
up

Net

$

March

Ended

r.VvMonths

first

17,083,716

_____

operations

current

assets

Boston

May 1/54
• •/"v

McCreery division.

liquidation of

and

accumulated

—

future

less

<

$33,872,275 $21,417,991
601,797
561,641

debt

of

Excess

pansion

share,

per

Subs.)—Earnings—

(&

the

sale

from

S. F. Co., Birdsboro,

This

chase

181, p. 2353.

below.—V.

Inc.

Bros.

for

gain

estimated
—

assets

31

*1954

~

$41,437,479 $41,232,383
7,565,204
19,814,392

receivables—
(less $14,270,-

"Restated for comparative

4,898,000

750,000

800,000"

$13,0j7,929
to

MARCH

1955

equipment

&

depreciation)
chargeable

7

7,763,622

POSITION

_____

long-term

S0.75
;

North America—

Acquire Spalding Terminated—

Spalding

G.

A.

i:,3C

net

Philadelphia

B.

a

7L gotiations to

850,000

taxes

(est.)—

FINANCIAL

OF

___^

capital

plants,

and

361

Costs

With

registration statement with the SEC on May 19,
7f65, :overing 237,641 shares of its $7 par common stock, to be offered
ivw s bscription by stockholders of record June 7, 1955, at the rate of
t ) ?w
share for each ten shares then held.
The subscription price
(-) >d
* nderwritlng
terms are to be supplied by amendment.
Union
L;:*ur des Corp. is named as the principal underwriter.
■)'& proceeds of the stock sale will be applied to the reduction of
c
rent bank loans.
These loans represent borrowings for short-term
t
so
al cash requirements.
filed

company

inc.

STATEMENT

and

1,519,255

/

on

—7,438,882

Labilities—

1973.

p.

rities and Exchange Commission—

a
'

(

*Excludes

•

in

Co.—Registers

Foundry

&

Fed.

earnings

costs

——

current

Boston
Net

53,316,662

1074.

181, p.

1,650,000

(est.)

Prov. for

151,067,521 144,701,577

______——

first quarter earnings.—V.

"Record

r

*$0.65
58,162,650

-

-

contracts

Total

35,071,000 157,312,000 160,302,000
/i"/// •'" /
1,550,000
10,198,000
9,797,000
800,000
5,300,000
5,140,000

38,017,000
■'/

inc.

Fed.

construction

assets

$0.56

May 1,'54 Apr.,30/55
<j»
,/v. •' ■'' '•
$

.

$1,142,037

$0.09

current

156,339

share

volume

before

taxes

2,069,081

_

shares

common

per

149,131
2,077,583

dividend—_

preference

common

sales

Net

Earns,

$2,901,618
1,399,576

$3,155,533
1,499,614

Interest

' rjcome

: rrft -red

1954

1955

Charter Ended March 31—
Tl.before taxes and minority
.

/'/.;

••• >•'

$141,977
1,569,449

—12 Mcs. Ended—

—Three Mos. Ended—
'

1'

74,000

2,019,000

___.

reimbursable

Properties,

23,594,528

renegotiation:
158,000

—

Excludes

Goods Corp.—Earnings—
Apr. 30,'55

'V*V-•'

and

—10,000

income

Net

of

Associated Dry

deprec.

Earnings per share

2353.

p.

for

18,323,005

income

on

and

$434,374

years

Shares oi capital stock outstanding.^

Book

net profit
J"' 'ned per share of common stock
»~V.
181, p. 1549,
Hurplus

taxes

Pennsylvania

989,393

Inteiest and other charges

$103,301
$0.52

—/—

—

before

Estimated

278,082

743,875

income

income

for

including

expen.es

•

3,251

operating

Provision

1955

?, Months Ended March 31—

V-'i

and

in the respective
plants and equipment

of

71,556

$18,632,982 $26,829,565

$400,221

COMPARATIVE

$40,197,393 $36,890,953
35,648,367 32,361,739
1,449,296
1,160,578

Total

Co.—Earnings Lower—

*Co.,ts

1954

99,018

revenues

Investments
Net

1955

$18,533,964 $26,753 009
—

Total

etc

holes,

1954

31—

—

•

1873.

American Hair & Felt

Total

March

products and services

income

CPFF

and

expenses

depreciation,

and

pur-

1954)

operating

Depletion

TV 1955,
<

"Sales of
Other

Corp.—Earnings Up Slightly—

Gross operating income (including sales of
chased
crude
oil
$7,914,059
in
1955

$7,759,989

This

a

Monday, May 30, 1955

.

Co.—Quarterly Earnings Lower—

Quarter Ended

'

$2.42
shares

112,852,440

only.

purposes

Program Series IV,

Arkansas Fuel Oil

$2.69

comparative

for

Restated

Z 755, and

limited partnership, of Minneapolis, Minn./
filed a registration statement with the SEC on May 23, 1955, covering
$750,000 of Limited Partnership Interests, to be offered in minimum
amounts
of $5,000.
The partnership was organized April 27. 1955,
by the execution of its Articles of Limited Partnership by APA, In¬
corporated as the sole general partner and by Anderson-Plank-Arnao,
a
co-partnership consisting of Truman E. Anderson, Raymond Piank,
Charles C. Arnao,
Jr., and John A. Muirhead as a limited partner.
The business of the partnership will be managed by the general part¬
ner, and shall involve the purchase, acquisition, exploration and de¬
velopment of oil and gas properties, including the acquisition and
sale of leases, royalties, oil payments and
personal property in con¬
nection with the oil and gas business.
APA

(12 mos.)—•
shares out¬

of

sed on average number
standing during period

VB

*1954
$2,668,876
11,016,688
30,753,042

1955
$3,203,701
13,252,201
34,594,738

Period Ended April 30—
J. nonth
4 months

Blaw-Knox

Series IV, Minneapolis, Minn.—Regis¬
Exchange Commission—

Program

ters With Securities and

..

subscriptions

an

d advertisements must be made in New York funds.

Number 5433

181

Volume

The Commercial and Financial Chronicle

*.

.

(2459)

3

Capital Flotations in the United States in December
And for the Twelve Months of Calendar Year 1954
Total corporate offerings placed in the domestic mar¬
ket in December, 1954 stood at

largest

single

volume for any

during the year.
set in the month of July

with a gross dollar volume of $1,127,624,275.
This
$101,235,635 greater than the total for December.
An

was

Issues of size customarily

for

refunding

opposite
New

to

was

a

capital

$658,303,098

64.14%

contrast

$368,085,542

November

December

refunding

issues

which

bond

note

and

issues

during

that

totaled

up

December

Stock placements in December showed some
in

ment

total

dollar

volume

aggregating $122,009,640
stock

Common

added

in

December

to $69,620,040 or 6.78%

up

for

64

financing.

that

month's

Taking

was

table

year

another

we

resumed

issues

utility

page,

their

usual

on

find

that the

dominant

of the month's gross dollar volume.

54.12%

•order

298,058
•and

14.16%, and

or

manufacturing which

amounted
SUMMARY

21.15%

issues

Capital

of

that

placed

466,249,711

12

9%-12 yrs.

556,804,652

556,804,652

a

a

12 yrs.

11,950,000

11,950,000

100

2

100

c

1

Total

December

Twelve

rate

separate series,

of six

27.81

34

183,020,000

30.93

26

222,675,000

36.25

32

127,706,892

17.81

when

52

385,175,500

39.01

and

43

382,383,750

33.91

30

28

122,775,000

304.393 500

60.56

G20,902,900

held

8

Series

$3,126,800,305

36.

$867,936,450

represented

money

and $18,759,685 refunding operations.

pared

with

the

aggregate

figure

of

This

1954,

1953

AND

com¬

$449,908,804

$

for

$

$

$

s

560,772,709

16,141,452

576,914,161

543,724,952

9,548,200

of

thre#

rate

raised

is higher

purchases

of

bond,

Series

H,

Treasury

553,273,152

$

to

Series H will

from issue date,
annual

and

par

each

314,624,478

15,372,739

329,997,217

641,307,965

25,159,845

666,467,810

365,724,376

75,851,400

441,575,776

521,025,292

70,653,000

591,678,292

521,319,354

5,999,485

527,318,839

825,109,085

13,357,925

mature

106,465,260

1,408,364,741

1,723,400,028

47,300,782 1,770,700,810

1,734,558,413

98,757,525

on

9

in

years-

month's notice.

one

on

purchase

of

$20,000.

K

yield

former

increased

G.

to

of

yields

of

Annual

for

Series

purchase

respectively,
2.70%

of

2.53%

when,
Bonds

F

and

J

limit

of

K

will

Series J

$200,000.

Savings

on

return

a

rate

Bonds,

footnote

see

2637r

page

on

"Chronicle.'*
notes

of

Series

A

and

notes

accrued

two

"C"

interest

to

began
the

interest

years,

of

the

to

interest

years

Series

accrued
or

interest

two

or

of

was

terminated

began on May
15th

of

Oct.

on

15th

of

1,

the

approximates

1953.

the

approximates

1953
month

$2.20

month

and

and-

Sale

sold

are

and

if

held,

month

for.

notes was sus¬

Oct. 23, 1953. For previous data on Treasury notes,

1,833,310,938

14y

Note#

2.47%.

per

Series C Treasury Savings

May

on

15,

see

foot¬

838,467,010

1,301,893,481

the

and

F

$1,000 note. The sale

pended

(February..
iMarch

is

and

J

Intermediated

of

data

maturity

maturity

beezr

available

interest, compounded semi-annually,

par,

on

of

Bonds.

those

par

held

to

Series

Treasury

at

in eaclt

has

value.

income

Sale of Treasury notes of Series B

if

Total

$

annual

on

maturity

current

limit

instead

G

1952

sold

are

at

Refunding

1952.

combined

30,

1953.

in

1,

of

Capital

individual

previous

Sale

c

1952

New

Also the yield

year.

limit

1952, bearing 3%

maturity,

K

June

-t!952Total

Refunding

Capital

interest

\Vith interest paid by check semi-annually. Redeemable

higher than

For

new

November, last, and $780,600,515 for December of 1953.
BY MONTHS

one

maturity. Issued at

has

2.50%

and

Municipal offerings in December,, 1954, amounted to
which

to

May
to

and

1

be

of

H

of

as

+Corrected.

$886,696,135,

a Comprised
follows:

as

Overall

SERIES J AND K—These replaced Series F and G
Bonds,

36.85

held
423

1952.

$20,000

(NEW)—New

months,

60.49

Total

H

of

to

at par any time after 6 months

25.27

58

basis,

changed

1,

Individual

$10,000

beginning June 1,

30.57

30

discount

were

May

instead

year.

from

SERIES

226,505,500
361,928,242

all of which

months

91,787,500

45

146,204,934,805

bank

a

IV*

lVa

from 2.9%
to 3% compounded
semi-annually when held to maturity.
Higher rate achieved by shortening the
maturity of the Series E BoDd
from
10 years to 9
years, 8 months. Interest starts accruing at the

23

_

months

on

2 Vt

25,073,067,652

_

E—Beginning

intermediate

August
tSeptember

100

6,723,672,000

2 yrs.

for

•Average

end

Total Amount

1

Total for

months

486,689,232

.

100

SERIES

20,439,521

$.:■

January

New

4,919,931,000

Dec 1-31 Dec

period's total volume.

privately in the

-tl953
Total

Refunding

5,358,406,000 100

4,919,931,000

doubled

-1954New

5,358,406,000

Dec 1-31 Dec

private financing comprised 57 issues amounting to
or

6,723,672,000

1 year

of that month's

October

or

*1.247

8 mos.

20.04

FINANCING

99.725 + *1.08T

1,500,232,000

8% years

of Total

by

*1.02!)

Dec 15

July

Next in

CORPORATE

Dec 15

2,111,752,000

99.740

Aug 15

$97,546,521

public

$130,584,849

to

OF

99.703 + *!. 175

June

followed by other industrial

was

1,500,633,000

May

the miscellaneous issues which totaled $145,-

came

2,454,361,000

22

•exceeding all others in total dollar volume at $555,497,310
•or

91-days

For the month of December, a year

five-

role

Dec 30

$304,393,500 made

November

our

99.663+ *1.33.3

April

5.10%.

or

99.685

1,500,425,000

March

of the month's grand

the different categories given in

up

1,500,323,000

2,384,633,000

Dec 1-31 Dec

grand

December

amounted to $52,389,600

2,200,060,000

91-days

February

Preferred stock offerings were 19 in number and

total.

Dec 16

Deo 23

1,500,691,000

Nov 22

58 in number and

In the previous month,

No. of Issues

and

ft

9

January

November,

Yield

Dec 16

of 1954 follow:

improve¬

numbered

dollar volume.

Corporate

11.89% of the overall volume.

or

issues

those

over

of

November, last, the total

$301,202,000

new

60.49%

or

were

of 30 issues and represented 60.56%

ago,

Of this amount, $538,856,858 or
money, while $355,022,142 or
34.59% represented funds raised for refunding opera¬
tions. Short-term bond and note financing for the month
totaled only $10,500,000 or 1.02%.
constituted

$620,902,900

is

gross

aggregated $893,879,000.
52.50%

Dec

Price

$

2,142,843,000

Nov 22,

total of all corporate

to

of the month's aggregate dollar

to

9

Nov 22

offerings in December

the

amounted

Dec

1954."

Private

totaled

in

2

the heading "Large Domestic Corporate Issues in

an

Accepted

$

91-days
91-days
91-days

Dec 22

on

Amount

Applied for

Due

2

under

35.86%.

or

Long-term

for

Dec

Dec

presented here each month

another page of

Amount,
Dated

Nov 25

this issue

may

degree true.

placements

or

in

volume

while

purposes,

be found

Date

Offered

•

.

increase of substantial proportions took place in
capital dollar volume in December contrasted with

that

'

or

month

The record for the year was

new

12.72%; oil, $82,100,025 or 8.00%; railroads, $56,770,000
5.53%; iron and steel, etc., $32,739,450 or 3.19%; in¬
vestment trusts, $14,350,000 or 1.40% and
land, build¬
ings, etc., $9,048,948 or 0.88%.

$1,026,388,640, the second

note

on

1470, Oct. 49,

page

1953,

USE
First quarter

■April

614,225,924

112,141,200

502,084,724

*

;

10,540,950

614,765,864

625,306,814

39,854,250

788,361,335

EWay

536,888,359

180,014,200

716,902,559

624,958,430

640,635,664

776,722,925

150,613,000

891,217,851

96,140,649

987,358,500

1,077,189,330

37,112,169 1,114,301,499

717,255,364

6,727,000

2,316,913,624

63,330,353 2,380,243,977

2,242,485,374

Accepted

New

Refunding

$

.

$

Indebtedness

$

723,982,364

388,296,049 2,318,486,983

FUNDS

Total Amount

:r;'t

927,335,925

June

OF

Type of

Security

Dated

748,507,085

"Chronicle."

15,677,234

Total for six

months

70,400,608,567 62,461,395,000

July

1,930,190,934

Six months-

494,761,309 3,726,851,724

3,232,090,415

July

._

732,106,517

.

August

1,127,624,275

Treas.

bills

1,500,251,000

91-day

Treas.

bills

1,500,255,000

1,500,255,000

July 22

91-day

Treas.

bills

1,500,623,000

1,500,452,000

91-day Treas. bills
U. S. savings bonds

1,500,400,000

1,500,400,000

1

1

Depositary bondsTax antic'n notes-

10,724,440

619,301,395

1,153,242,203

49,789,700

1,203,031,903

July

2,773,203

241,941,230

203,265,164

153,190,133

356,455,297

July

1,865,000

734,272,786

418,435,408

71,897,483

490,332,891

239,168,027

75,574,200 '

91-day Treas.
91-day

3,977,043,787

608,576,955

401,577,054

395,517,758

1

110,631,135 4,150,944,787

4,040,313,652

326,002,854

197,194,250 2,439,679,624

8

July 29

quarter

July

July 15

Second

295,951,775 4,272,995,562

611,231,067

284,937,645

896,168,712

732,407,786

Third quarter

1,669,340,438

756,029,603

2,425,370,041

1,580,152,768

15,362,643 1,595,515,411'

1,774,942,775

Nine months

4,901,430,853

1,250,790,912 6,152,221,765

5,620,466,420

125,993,778 5,746,460,198

5,751,986,562

570,829,091 6,322,815,653

July

274,877,316 2,049,820,091

September

_

7,939,213,561

Total

for

bills

1,500,516,000

1,500,516,000
1,499,953,000

507,602~IcI

507,602,191
7,803,500

July

298,oca

lTi'oca

7,803,50®

8,017,450,691

7,501,576,000

1,500 639,000

1,500,639,000

515.874,691
—4

5

Aug

91-day
92-day
91-day
92-day

Aug 12

Treas.

bills

December

Fourth quarter

424,210,596

6,664,020

430,874,616

857,475,665

82,957,165

940,432,830

* 437,537,199

28,773,944

466,311,143

474,482,187

89,650,200

564,132,387

368,085,542

1,026,388,640

1,387.695,944

36,483,000 1,424,178,944

786,271,197

44,200,333

830,471,530

2,335,036,747

2,511,159,245

2,249,443,739

71,920,964 2,321,364,703

2,118,22.9,049

6.598,813,681 2,064,567,329 8,663,381,010

-

7,869,910,159

197,914,742 8,067,824,901

7,870,215,611

tRevised.

,

813,776,417

~

216,807,698

787,636,789 8,657,852,400

1.500 754,000

1,500,754,000

1.501 100,000

1,501,100,000

1,500 751,000

1,500,751,000

2

3,733, 710,000

Aug 15

Ctfs. of Indebt'ness

1,004 926,000

1,004,926,000

Ctfs. of Indebt'ness

2,553 549,000

2,553,549,000

Treas.

bonds

Treas.

bonds

U. S.

Aug 19
Aug 26
Aug

1

The

Treasury Department announced

on

2% Treasury Bonds of 1951-55.

V/4%

E-1955

Bonds of 1951-55.

5

5

Aug 12
Aug 19

Aug 19
July 21

$5,358,-

91-days
92-days
91-days

Aug 26

Aug

92-days
Aug 2 7 mos.20dys.

1,500,639,000
1,500,754,000

*0.797

99.772 + *0.892

2,353,757,000

1,501,100,000

99.773 + *0.898

2,295,504,000

1,500,751,000

99.749

3,733,710,000

3,733,710,000

100

♦0.983
1

July 30

Aug 15

1 year

1,004,926,000

1,004,926,000

100

Aug 15

1 year

2,553,549,000

2,553,549,000

100

Aug 15

1,728,164,000

100

2'/a

Aug 15

6% years
6% years

1,728,164,000

July 30

2,079,976,000

2,079,976,000

100

546,415,753

546,415,753

a

4,407,000

4,407,000

9%12 yrs.

Aug 1-31 Aug 1

Aug 1-31 August

$4,919,931,000 Vk% Treasury Certifi¬
Series D-1955 were exchanged

12 years

546,415,75*

4, 407,000

4,407,00®

cial notice
the

2%%

Total

Sept

9

Sept

Sept 16

Sept

Sept 23

Sept

Sept

Sept 1-30 Sept
Sept 1-30 Sept

1

STATES

TREASURY

FINANCING

Amount

Offered

Dated

<

Due

Applied for
s

Total

Fune 24

Total

Fuly

Fuly
uly

ruly

: Accepted

2

Price

99.837

91-days
Sl-days
91-days
91-days
91-days
9%-12yrs.

91-days

2,275,303,000

1,500,516,000

8

91-days

2,198,797,000

1,500,251,000

2,290,405,000

1,500,255,000

99.823

fuly'1-31 July

1

*0.701

for

bills

1,500,201,000

1,500,201,000

1,501,773,000

1,500,616,000

Depositary bonds
Tax antic'n notes

3,086,000

463,766,375

1

7

for

September

7,970,962,375

7,501,552,000

Treas.

bills

1,500,490,000

bills

1,500,189,000

469,410.375

1,500,189,000

Treas.

1,500,256,000

1,500,256,000

91-day

Treas.

bills
bills

1,500,637,000

1,500,200,000

1.500,490,000

437,000

4

Treasury

notes.).—

4,155,032,000

4,155,032,00®

1

U. S. Savings bonds

456,139,422

456.139,42*

3,920,500

3,920,50®

99.742

*1.023

Oct
Oct

2,240,629,000

1,500,201,000
1,501,773,000

99.751

2,141,276,000
463,766,375

463,766,375

a

3>086,000

3,086,000

100

2

100

c

*0.986

Depositary
1

i

Tax

bonds

antic'n

notes.

Total for October

10,616,663,922

6,001,135,000

1,500,836,000

2 years

September

1,500,452,000

4,615,528,92a

1,500,836,000

1,500,452,000

99.751+ *0.984
a

7,970,962,375

.

4

91-day

Treas.

bills

Nov 12

90-day
91-day

Treas.

bills

Nov 18

Treas.

bills

1,500,394,000

1,500,394,000

90-day

Treas.

bills

1,500,115,000

1,500,115,000

bonds

465,7I0.?45
4,232,500

Nov

Nov

91-days

2,137,283,000

1,500,189,000 .99.756

1

Oct 21

91-days
91-days

2,185,113.000

Oct 28

U. S. Savings

Depositary bonds

465 710.34®

4,282,50®

*0.966

mos. 11

Oct 1-31 Oct 1

Oct 1-31

Total

days

1,500,256.000

99.745

*1.009

2,121,899,000

1,500,637,000

99.746

4,155,032,000 100

for

456,139.422

456,139,422

12-yrs.
1

Oct 28

99.815+ *0.731

Nov

99.798

507,602,191

Nov

Nov

1

Tax

antic'n

notes.

*1.007

8,189,576,000

9%-12 yrs.

Oct
Oct

1,500,400,000

3,920,500

3,920,500

2 years

—

October

a

Total for November

6,471,789,845

(Continued

l5/.
2

In the

10,616,663,922

comprehensive tables

2,184,616,000

1,500.836,000

99.741+ *1.023

lowing

2,215,088,000

and the twelve months'

4

Nov 12

90-days

1,500,452,000

99.765+ *0.940

Nov 11

Nov 18

91-days

2,116,863,000

1,500,394,000

99.765

Nov 18

Nov 26

90-dayj

2,126,520,000

1,500,115,000

99.776

*0.897

7,803,500 100

2

Nov 1-30 Nov 1

9%-12 yrs.

465,710,345

465,710,345

a

C

Nov 1-30

12 years

4,282,500

4,282,500

100

2

100

C

we

1

2 years

8,017,450.691
Total for November

6,471,789,845

for the corresponding
years

year

preceding,
comparison.

on the fol¬
the December
figures with those

compare

a

100

pages

*0.931

a

Nov

469,992,84®

6)

C

91-days

4

6,001,797,000

on page

a

100
100

a

2 years

3,086,00®

99.741 + *1.024

Oct 14

1,500,623,000

*0.800

1,157,00®
463,766,373

Treas.

99.743 + *1.016

5

507,602,191




91-day

91-day

1,500,043,000

*0.966

2,288,393,000

July

1,267,00®

bills

91-day
91-day

1,501,457,000

99.756

Nov 1-30 Nov

Total

1,500,190,000
1,500,043,000

bills

Treas.
Treas.

91-day Treas. bills
U. S. savings bonds

,

1,500,636,000

1,500,490,000

2,237,485,000

7,803,500

Oct

2,242,097,000

99.830+ *0.671

91-days
15
July 22
91-days
22
July 29
91-days
1-31 July l 9%-12 yrs.
1-31 July
12 years

July 15

Treas.

91-day

Total

2,460,361,000

2,347,486,000

2,213,543,000

*0.646

1

July

8

134,00®

1,501,457,000
1,500,043,000

4,284,532,75*

Oct

91-days

Oct 1-31

ft

91-day

Oct 14

Oct 14

$

1,500,502,000

Nov 26

for

Sep 23 Oct 4 3

70,400,608,567

Sept

c

Oct 7

Oct

1954

Yield

'

Nov

Sept 30

Amount

July

fune 29

ruly

fornix months

DURING

13,369,859,000

1,500,636,000

Oct 28

100

Oct 21

UNITED

17,654,391,753

bills

2 Mi

17,654,391,753

12-yrs.

Sept 1-30 Sept 1

$2,611,090,500 of these bonds.
The Treasury Department in December outside of the
above, confined its operations to the sale of Treasury
Bills, Savings Bonds and Depositary Bonds.

Date

August

91-day Treas.

Oct 21

August

Sept

Aug 31

15, 1955, of
1955-60, dated March 15,
There are now outstanding

1960.

for

Aug 26

of call for redemption on March

15,

for

notes.

Oct

Treasury Bonds of

1935, due March

antic'n

a

100

2 years

Aug 1-31 Aug 1

IV.

cates of Indebtedness of

for $4,498,000,000 1%% Treasury Notes of Series B-1954,
$408,000,000 2% Treasury Bonds of 1952-54 and $14,000,000 2% Treasury Bonds of 1951-55.
The Treasury Department on Nov. 15 issued the offi¬

1,728,164,000

2,079,976,000

1 Vt

July 30

exchanged

1,728, 164,000-

2,079 976,000
546 415,753

Tax

Sept 2
Sept 9
Sept 16
Sept 23
Sept 30
Sept 1
Sept

%
99.799

3,733,710,00®

Yield

$

2,448,454,000
2,427,772,000

Price

July 30

Treasury
were

Aug

Aug 12

Certificates of Indebtedness of
for $3,286,000,000 l7/s%
Treasury Notes of Series B-1954, $1,985,000,000
2%
Treasury Bonds of 1952-54 and $87,000,000 2% Treasury
406,000

Accepted

:

savings

Amount

Applied for
$

July 29

■

Series

Due

6 that

Dec.

2V2% Treasury Bonds of 1963 were ex¬
changed for $346,000,000 l7/g% Treasury Notes of Se¬
ries B-1954, $6,002,000,000 2% Treasury Bonds of 1952-54
$6,723,672,000

and $376,000,000

Amount

Dated

Offered

Treas.

bonds

Total
Date

Treasury Financing in December

Treas.

Depositary bonds—

August
1
Aug

\

,,

bills

Aug

982,161,883
502.608,722

1,697,382,828

months

12

179,006,275

bills

Aug 15

—-

266,684,600

658,303,098

November

Treas. bills
Ctfs. of Indebt'ness

Aug 15
Aug 15

803,155,608^'
235,924,122,.

October

thus

periods in the four
affording a five-

46,830 40. 4,79 48, 4978

176,90 165,904316

797,364
Refundi g 96,7018 £28!07

79,180. 28,13045

Total

$

S

-1950

10

150, 0

$■

*-•:

63,5 0 10,5860 1 ,23 9

5,0 ,0 24,319,328

87,90421 1,2978

83,25 40 6,20 , 0 107985,0 19,40 835 210,847235

$

150, 0

Capit l 53,401 10,5860 1 ,239
S

New

Total

$

5,0 ,0 24,319,328

830,471530

350,192.8

Refundi g 14793,40 14,3750 54,1 50

180, 0

Capital 21.950 197,806 30,5620 4,97,0 29,3150 1,0 ,0 1,25,0 2.75.0

6,290. 0

S

New

Total

314,90 402,96350

$

S

426,0 0

269,40 9,15,60

4,20 3

RDecavonlstprumdi.

MDtCioPhmarnvmflsneutfcdeBpa,oikODEFNCYTIHVBARS
TMODHFYECNIVABRS
Capit l 602,14830 687304,862 15,8 035
$

45,70. 39,847906

786,21 97

131,2r,545088697903
ONGCIOSRTSFRUTEPUNFPOHAWHIIAEERD
CFFGLOOOARVMFREPIURNENAIOGMCANDTPRT,,LG
1,5687394 ffbutrFSGomaoanheoIutSngvidcdpircyenlsdumeyssaitfls.
New

Total

$

1,350 ,7

2,750, 0 42,617,862 43,7 5,382

1,42 78,94
36,4830

Capit l 1,30287 0 41, 7862 43,760382

61,54 0 7,652,40

1,3876954

15,0 0
Refundi g 32,180 2,750, 0 1,50 , 0
$

-1953

52~147,0 61,"54765

52714,0 72.948,15 5,905,0

§

New

Total

s

89,70 10,5 0 52,38960 69,320 4

4,0 ,0 "mo o

1,026384

Refundi g 35,02 14 l,~580",26 1,483,20

Capital 534,8658 10,5 0 40,8940 67,83640
$

-

5,0 0 62,8150 86,9 135 12.50, 0

$

-1954

780,6 51 "5,90
3

'212,0,135866489075659
2,043975

368,0542 25,0 0 62,8150 18,759685 47,6027

4,0 ,0 "ao 'o o

658,30 98 30, 0 867,93~450 12,50. 0

New

SUOM AFRY

Refundi g 23,0 0 1,50 , 0 15,03 0

150, 0

19 ,590
108,7 254 10,27650 65,840 24,871234 9.67,437 17,64,12

602.148,3

43,98 708 18,69487 12,987624 5 7,20

2,750, 0 2,750, 0

1,3507

Refundi g 15,0 0 569,0 0 8,75,0

7, 4,0 32,180

$

-1953

Capit l 47,250 761,3470 12,0 0 4,0 ,0 406,9710 5,825,0 30,0 65,1260

1,30287

56,70 485,390 25,0 0 17,950 61,0 0 2,60,0 1,350 13,750 893,7 0

2,801,6 7
-1954 Refundi g 18,0 0 290, 3 0

CAHARNCDTE

7,250, 0 36,87 45

$

23,0 0 1,70,0 15,03 0 2 6,0 0

''780305,,46712531

4,271,3 4 ,20 3

50 ,0 0

3,0 ,0 7,0 0 TO,50 0

Capit l 38,70 195,260 25,0 0 15,93 61,0 0 2,60,0 4,10,0 96,8752 538, 685

976,50 8,213,725

10,0 0

1,5702 1,483,20
50 ,0 0

84,7824 47,250 805,3 408 30.154,87 4,0 .0 41975,624 6,382,0 30 ,0 0 976,50 73, 9725

13,06 40 18,0 .0 301,6320 4,284,67

7,250, 0 36,8 74 5

1,10,236873869544

368,0542

3,0 ,0 7,0 ,0 10,5 0

New

786,219

1,42780

2,750, 0 9,274,0 36,483,0

69,08.310 7, 39,450 12,589 4 21,0 25 6,4 8,948 4,523,058 12,09640 56,70 5 ,497310 32,79450 130,584 9 82,10 25 9,048,948 14,350 145,29805

-

35,0214

$

86,39 24 62,50 805,94 08 30.169487 4,0 ,0 428,3 624 6.382. 0 30 ,0 0 3,726,50 82.613725

1,50 , 0 1,5 ,0 15,0 0 569,0 0 15,0 0 8, 75,0

43,98 708 18,54 87 12,987624 5 7,20

$

S

976,50 9,713,725

15,0 0

2,750, 0 2,750, 0

New

Total

426,0 0

93,0 39 26,03256 35,23784 7.103,760 "8061250 1,702645 10,5 87 184,2 897 41.75,0 20,91609 84,532 6 296,015784 75,103760 150, 0 2,806,250 1,350. 0 1,702645 51,98257

$

62,50, 0761,9570 12,0 0 4,0 ,0 415,8 0 5,825,0 30 ,0 0 72,90,0

2 6,0 0

20 ,0 0

New

$

237,10

26,(

87,90421

83,25 40

21,950 306,5148 40,8390 4,97,0 3587l4~9,084 25,871234 1,42,590 2, 75,0 9^67^437 23,95412

93,2 309 ,03256 35,23784 7,329,760 "8067250 1,702645 10, 50, 87 184,58 97 64,7150 2 ,612 09 84,532 6 31.08,74 75,329760 150, 0 2,806,250 1,350, 0 1,702645 6,253920

Capit l 41,75.0 127,8930 58,0 260,7820 68,0 0 150,0 2,0 ,0 1,350 4l7832~,60
Total

180, 0

14.93,40 14,3750 54,1 50
150, 0

41602387,,53,91761250

1,48170 146, 2.38 10,4250 2,64,0 139,47 6 30.259,61 4,50, 0 82,638 45

83,25 40

4,271,3 43,743

$

—1952

4, 35,48 7 ,12371

28,40 53

12108,7 54 0,27650 65,840 24,871.234 19 ,590 9,6 7,437 17,6 4,12 237,10 21 21,950. 321.08,254 5,27650 4,97,0 4l27~9o75i4 25.871,234 1,42 ,590 2, 75,0 9,6 7 437 24,13 2

58,401

<4

Refundi g 43,743

150, 0

64,7150 129,3 0 58,0 0 275,8 0 68,0 0 150, 0 2,0 ,0 1,350, 0 46,T0~37 645,92 63

il

—1952

150, 0

21,950. 0 21,30 45,0 0 4,97 ,0 346^5 0 1,0 ,0 1,25,0 2.75,0 6,470, 0 641,53 0

$

—1951

795,6231 l§793~,0 276,"19725

645,92.63 68730,862 15,8 .035

$

10,79 ,364 1,72604 56,13 0 6,78,50 17,089 4

2,9.8 142,50 29,8625 20,5961

Capit l 1,48170 123,8450 10, 0 2,64,0 109,4517 10, 0 4,50, 0 78,20.861

New

Total

15,23,84 8,497 67,59 0 152,9308 10,4250 2,64,0 156^2795 30,25961 4,5 0, 0 1 ,0428

347, 0

581,0 0

17,60 139 96,7018

$

21,39,0 10l79~85,0 295, 05

Refundi g 83,25 40

-195

2,80 8 142,50 30, 3925 20,5961

67.59 0 130.5,0 10, .0 2,64,0 12e7l~940 10, 0 4,50. 0 95,810 46.83,0

$

97,610 137,9127

New

$

Refundi g 56,13 0 6,207,50 16,742 9

-1950-

54130287,,,379116625 2861752,,,674109.993

Capit l 350,1928 297(36,09 48,07614
$

Total

Total

58,03 10 7,39,450 1,06 49 21,0 25 6,48,948 4,513,058 108,94620 38,70 253,8410 32,79.450 126,9.82 82,10.25 9,048,948 7,10,0 108,4 583 658,30 8

DECMBR boannodtedss boannodtedss boannondtesds. . corpate ^IBnteraanionklGovernmtforgeoviegrnmntGaagnvdcie,s♦Mu&nicpal—tSt.es,,SPotsaeeisn- toal fdiIgnnuclorouedste OFDECMBR BNooantendsd-s utiles csceotoepall,,,manufctres oriesindmauasnnturfdctlrig bueildtncgs, Miscelanous BNooanteds-s u;tiles manuf acesori Indmauasnnutrfidctlrig Miscelanous acesori Miscelanous
csoercpuritate.
Intthvrreaoustdlmsdininngg,,,
scceotoeptall,,r, bueildtcn.gs, Intthvrreoaustldmdsiinnngg,,, . utiles— scceotoeptallr,,,Eqmuaipnumfcenets indmauansnutfrdctlrig bueildtcngs, Intthvrreoausltdmdsiinnngg,,, util es scceotopetallr,,, manufces— ories indmauasnnutrfdctlrig bueildtcngs, Itnthrvraoeusldtdmsiinnngg,,,Miscelanous

MOFNO TH
Long-term Short-em Prefstorcekd Comstocokn Canadnis — Long-term Short-em Prefstroeckd Comstoockn foreign- Long-termShort-erm Prefstrocekd Comstocokn
Dtoimce-s

Corp ate-




Other

Total

Candian Loan
$

Other Farm

Grand

United

•These

MONTH

Long-TermRailroads Public Equipment Moatonrds Other
Iron,

etc. - etc . etc. etc.
Total

Oil

Land,

Ship ing

Short-Tem Railroads Public Equipment Maotnords
Iron,

Total

Other Land,
Oil

Stocks-

Railroads Public Iron,

*

and

Motors Other Land,

Total

Ship ing

Total-

Equipment and

Public Iron, Motors Other Land, Rub er
Oil

Total

Total

3,0 ,0

$

4,290375 17,420 618, 607 647.02,31

127,540 2379 0

Refundi g 1,2564813 51,309 49,5698 7,802,4 8,0 ,0
$

-105

I-HUH

3,0 ,0

Capit l 3,042 67 126, 10 568,20962 639,21807 19.54, 0 23792, 0
$

New

$

Total

5,04 6352

6,17,0 805,1982 946,7 1 7,50 , 0 47,"3~47086 6,0 ,0 ~ 9O7 O 1,640, 8

70 ,0
Refundi g 396,4 762 123,0 13 9,2 5t)

2,7 1,50

$

-195-

Capit l 4,690 5
$

New

6,85137,429

10, 0 13,70 10,5 0 91,560 1 ,734261 1,895,0

3,025,0

Refundi g 756,21 34 4,80 0 17,50318 6,093 40

Total

New

Total

$

Capital 03 ,0 ,0471 401,760 320,875 284,0 827,047 39 ,132 972,0 0 ,0 80 ,0 740, 0 780,676

150, 0 264,7580 469715,0 3,089 507 17,60

$

-1953 Reiundi g 182, 95 7 2,951,250 9,4 2 30 3,175,483

Capitl

New

Total

$

293

New

Total

99,

2,159

194

34

105

1,458

285,

530,94.0 2,39162,50 632,7450 16,0910 2,1469075 543,7051 20, 0 134,50 1,350 35.0 0 369,0453

$

'

10, 0 81, 20 120, 3650 539,0 43 3,9612507 3,9260

Capitl

70, 0 215,8970 l,467~ 50Ob 5,207136 47,5 0

Total

197, 4 2 lMob'.o 1,6320 90,78695

5 0, 0 193,540
116,27395 28,950 78,43951 926,8159 86, 0 104, 780

17,0 0

4,1532,7069878495602

17,0 0

$

New

$

241.250
492.358,60 3,097461 278,64528 13, 0 802,6 584 368,92460 76,4720 1,63-8:5 95.43951 6 ,1362

iwoJM

153,904 820,5627 5,036,20 185,946 5 36.912,50 12,7 70 158,03.2

24L250
723,84376 5,94153 245,03629 63,159 0 1,520, 0 29.043,951 15,026148

241,250
38,620 2,701598 273,60985 13, 0 61,7439 32.01,96 63,7450 1,638^0 95.43951 508, 942

70 ,0 0

681,0 0 250, 0 1,0 ,0

2,50 , 0
60 ,0 0

108,394 126, 0

70 ,0 0

1,4 0, 0 5,4710 5,065, 0 75,6 70 109,26 401

9,63 , 50 695,0

25,80 38,473 50 871, 4607 5,01970 470,9562 207,48 157 573,0 0 4,01,23 45,6247395 145,01 8

4,80,0
4,83 50 695,0

2,56,0

296,50 2,314 50 547,3 0 16,09.1 1,8762 1 534,9 586 17,80 14,50 1,350 035.000 301,852 0

1,8470 963,40 8,91,850 3,9460

4,80,0

25,80 3,67 350

1,63548

573,0
859, 67 54,0637 461,0379 203,5417 4,01 23 45762395 143,061

50,0 0
37,40
13,96 0 1,450, 0 50 ,0 0 2,750, 0 20,35 0 21,07 946,850.67 61,406245 17,9084 109,5 639 1,324,713 2 .501,346 9,82 71

305,720 2,79860,2 20,350 32,059375 1,2974 ^20 439,12397 29,6728527,60. 0 57 0760 1,08341,50

3,017

40

34

327

2,266

106

226

2,

469,

-

6,85137429

80

298.05, 0 2,93651870 30,621 25,30875 2,84.0 2,0987,426 19.567,4 36,503.70 106,73258 2,80.0 31.946853 387.2,64

1,894 521

685,0

1,259713,8760948820

5 0, 0 193,540
Capitl 4,73290 12,0 036,527 917,2437 85,9'?0 104, 780
$

234, 90 81,39740 86,3 40 281,75983 12,69 25 2,340 20, 0 68,2741 78,63789

296,5.0 3,1897 601.4,87 16,091 2,3405916 739,1643 18,4530 18,50 23 1,350 80.fi243°5 470,831
305,720 3,69081,96 281,7486532,059375 1,476^853094 548,79 036 31.047,538 27,60 0 28.75L346 1,39058,71

6,10628.0347545,93. 26,111,216,6.4709847523587384 18.9770,7.68,6214504952
UITSCNONOHGRPREEUDFWAPIE 1,65849 6,59813
ACHNARDTE

New

OSUMFARY

notes notes —
END

2,750, 0 201,250 2,951,250

1,349,0
-1953 Refundi g 46,0 0 26,4790 630, 60,27 015 1,539, 4 1,20 0 irwTso 25,67 320
$

7,536,905

15,0 0

1,04 , 64 721,025

3, 54, 19

4

Capitl

$

New

Total

$

50,0 0
37,40
13,96 0 1,450, 0 50 ,0 20,148750 218,5 70 93,1 7 61,39 245 176,95043 108,4361 1,324,713 2 .501,346 96,537 52

259,70 2,7038120 219,6750 32,05937 '24173,185 437,937 28,1381 26,40GO 38,4^70 1,062 5180
4 5,0 0 489,80 813,50 843,750 40 ,0 392,045 516,50 741,042 30 ,0 150, 0
482,

3,199

534,

24, 88,

954, 487

87

11,

750. 0 1.350, 0

50 ,0

,10576 ,78240

3.0 ,0 123,90

62

780

6,711,3899504521

38 .50

426,960

129,50 89,25384 74,5837 340,1 80 87. 2857 2,49 082 1,23 24 235,40267 157, 63

46,0 0 34,01590 645,0 61,30479 2,07,025 1,539,4 1,20,0 21.90L3 29,32089

259.70, 3,65 19 281,03645 32,05937 1,45. 261 546,72801 29.507,94 26.40, 26,85046 1,36 5 82
871.960 915.184 401.837 843,750 40 ,0 25 ,85 649.357 235,124 500 37 ,2 4 S08.183 238.036
688

1

482.

4,09 ,

609.

24,

11,

88

1,295,

576 110

300

1,890257

1.062,

-1934 Refundi g 269,48 0 940,521 0 4,50 0
$

294,073 62,3850 2,48~65 32,~50" 289,417

375.173
14,9 67 "3757I 3 2 5,0 1,8750 16,7280 269,48.0 1,0752394 4,51048 308.56,94 62,3850 2.70, 0 32,50 309, 6714
134,72 4
10,484

7, 50, 0 7,50

Capitl

New

citfs, include Notes— etc.—

8,62,0364.5170329

boanndds boanndds stock— boanndds corpate B^Iantnerka-—iol GCovaenrnmdiatn forgoevernimgtnGLoavannd, Municpal—^Stes,PSosteaiens toal fdignuoorets EMNODNTHS BLooanngn-dTdesrm Railrods utiles ccosopteaerl,,l,Emqanuufiptment aacensorid inadunstrdl beutilcd—ngs, ttrrIanuvdessitnmgn,, Miscelanous BSohaonrt-Tdesm Railrods utiles ccospoteal,,l, Emqanuufipctmreesnt anorieds inadunstrdl — beuiltdcngs, - trtaIrnvdueissntmgn,, Miscelanous . Railrods utiles ccospoteear,l,l, Emaqnuufitpment aacesnorid inadunstdrl beuitldcngs, trtarIdnuviesnstmg,n, Miscelanous Railro——ds utiles cocspotea,l,l, Emanqufucitpremsent anoiesd Inadunstdril beutcild—ngs, trtarIdnuviesnstmg,n, Miscelanou seccourrpitate

DaSMONTH Corp te- omestic—- Long-term Short-em Presftocrked Cosmtockon ian— Long-term Short-e-m Prestfocrked Com on foreign- Long-term Short-em Prefred Cosmtockon
Canad

12-

6.32,05784

530.94,0 3,265718 687,94207 16,0910 2,64819^2 751,8 6 20,7930 138,501 23 1,350. 0 80.624?95 539,6 21 8,657 2,40

GFOVOCERRNEMPIGNTA,T, 3DEC1MBR notes-. stock. 2,0645978319— ,0lJ.jW82O025,313478agencis—.69A649,50 3,591140786 bSmuafnticuoplnteedysids D3ECM1BR $21,963058 —258,40—63m1a9n7ufctrig125,08415,2h8oel7dtcin.g,9306 4,8175.23 Notes-—50, — 750m,anufctrig13— 3,0hoeldtcin.g,6- 12,750 426,90751 8—3 —325,6m19anufctrig87. 01635—2ho.eldtci7n.g,145,6803— „213,8960 24,83.750 96manuf1ctrig54.2,3708915—,37246h8oeldticn.g,501
-1054 Refundi g 7, 50 152, 9 176 9,521632
$

15,.438,75613297301976

3,47.0 80 ,10 23,715 40 13,82065 257.Y -327 1-5.305 3,872,0 2,50. 0 82,53 9 53.10,645

531,730
549,739 92,04315 1,732,58 3li206*,853 10, 198

981,0 150, 0 1,0 ,0

2,56 ,0

6,819 04

2

39

331

3,607 0 4,82,0 82,309630 2,730,50 1,0 ,0 1,476053

1,90 , 0

349,66,4159720

,4250 I13 2,970 37 ,301 ,1450 284,0 0 46 ,753 897,947 375,730 732, 58 80 ,0 4 6.853 861,617

531,730
631,7890 94,7581 1,732,58 32708 53 1 ,578041

1,4 0, 0 6,17 ,0 5,065, 0 809,17340 14,08 1

10 ,0 0

Refundi g 234. 9,0 70,290 85,420 268,0 13 8,74592 2,340, 0 20, 0 67,19328 756,2134
$

-1952

6,0157 38 218,570 451,036 1,09278 14 29,60 0 62,5182

s

2,

2,

25

10, 0 92,850 120, 3650 2,14630 4,29531 3,9260

7.88,006,2715264,901

6,197 1 21,07 460,246 1,095 7.4 29.60, 0 62,51~82

a

326,70 2,05639,0 213,890 39,14 50 2,84,0 1,63 947 13,89132 38,40 105, 0 2,80 0 2,40, 0 356,843576

$

Refundl g 3,470 46,59240 18, 7140 13,82065 17486^97 32,50 0 3,872,0 1,50,0 71,06290

-195

F7,86931054.21-,o7A5'c0n6412,70863415902,7386.159,473197,0528620DReIBfvnactoliPrCpsDmmtuaoivdShGkst.FfenvedhrofcadrugmenmlcyYDE3MTIFNOWSAVHO1RCALSR.E
YFEDTM3FWNOIIMAANVLHUFAR1OCLCRSPR,DGNM
Capit l

38,620 1,5293 ,61 217,650 13, 0 37092,516 268,5 0 62,4 50 1,638,0 6,50 285,139 4

$

New

78.63,789 1768,0 1,6073 ^ 0 31,986

5,93240 3,67350 536,908241 1,209382 128,50 3^850^ 0 2,8053

$

159,720 17,420 756,13461 5,94153 "2417250 251,87 34 63,159 10 1,78,270 29,043951 3,9612

70 .0 0

$

150, 0 301,850 2,06i7"5b0 3,176 5 7 17,601 0

68,3,65270527,8440

17,0 0

Refundi g 153,904 78,26387 5,036,20 179,2470 36,91250 12,45 0 8,352406

-1950

Capit l

90,0 0

17,0 0

51,309 51,309 32707240 678217 05 —267 276

492,35860 2,31762,0 2 ,68750 13, 0 5o7~4520 305,76350 74,690 I76T8765 6,50 37,4920

S

394,150 3,704 2 68,3750

5,4710 681,7 69 936,8 921 7,50 , 0 4^652186 6,0 ,0 1,640, 8

$

-1052

51,8347,651.9233701976

Total

53,10645 37Tfo,bo 1,5970 . 92,605

6,91408 38,47350 54,1349 1,25362 128,50 3,~8507 0 25,830 5

$

Total

10, 0 13,70 10,5 0 1,3857 0 3.482,167 70,2 0




Other

Grand

Total

§

Other Farm

*

United

•These

12

Total

Public Iron, Motors Other Land, Rub er
Oil

Ship ng

etc.

Total

Public Iron, Mot rs Other Land,
Oil

Ship ng

Stocks—

etc—. — etc
Total

Public Iron, Mot rs Other Land, Rub er Ship ng
Oil

Total—

Public Iron, Mot rs Other Land, Rub er Ship ng
Oil

Total

6

(2462)

The Commercial and Financial Chronicle

Of

(Continued from page 3)
Dated

Refunding

Indebtedness

S

Accepted

Security

$

that for

Dec

2

91-day

Treas.

bills

9

Treas.

bills

1,500 691,000
1,500 232,000

1,500, 236,000

Dec

Treas.

bills

1,500 323,000

1,500, 243,000

bills

1,500, 209,000

1199445360—
1952

~80~66o

1,500 425.000

216,000

Dec 30

91-day
91-day
91-day
91-day

Dec 15

8 2/3

Dec 15

1

Aug 15

8 mo. ctf.

Dec 16

Dec 23

Dec

bills

1,500, 633,000
5,358 406.000

5,358, 406,000

of indebt.

4,919, 931,000

4,919, 931,000

Savings bonds

556 804,652

556,804,652

bonds—

11 950,000

1

Tax

11,950,000

antic'n

financing

corporate

in

1954,

the

1953.

Other

industrial

and

1945270—

843,750,

notes-

0.29%;

or

shipping,

rubber,

$65,000,000 Pacific

$1,373,224,

0.02%,

or

of the

0.13%,

or

and

for December
for

Total

12

25,073,067,652

24,503,562,000

569,505,652

grand/ total

ures

months__146,204,934,805 127,340,876,000 18,864,058,805

for

50,000,000 Columbia
due

FINANCING

ing

Issued

Retired

$

Net Issued

$

-

Preferred

Notes

for

six

months—

33,360,700,000 32,328,926,500

138,288,000

155,050,000

55,806,000

115,738,000

tl6,762,000
t59,932,000

194,094,000

270,788,000

t76,694,000

Notes
Total

for

July

Certificates

306,752,000

18,000.000

for

1,
in

Total

114,880,000

for

August

459,777,000

Certificates

132,880,000

117,977,000

—

158,000.000

Total

for

Certificates

132,083,000

September—

198,094,000

270,200,000

38,857,000

__—

147,050,000

76,190,000

t60,391,000

223,240,000

1168,584,000

9,500,000

96,223,000

133,692,000

314%

Co.

debentures

due

June

Bell

Jersey

to repay

Purpose,

Telegraph

&

35-year 3%
debentures,
advances from Amer¬
the parent, and for

Co.

Telephone

1989.

1,

Telephone

Co.,

25,000,000

Virginia

Electric

3V8%

Co.

Power

&

first and refunding
1, 1984. Purpose, ior

1,095,957,497

7,975,703,080

1,215,326,522

8,499,672,065

5,051,717,352

805,019,312

946,796,171

6,803,533,335

4,467,814,500

618,166,607

647,020,331

5,733,001,438

24,994,200 Public Service Electric & Gas Co. 249,942 shares of 4.18%
cumulative preferred stock (par $100).
Purpose, refunding.
21,000,000 Niagara

116,880,000

16,812,000

239,415,000

126,380,000

113,035,000

.•

-

;*•;

'

y,j

513,170,000

286,815.000

Notes

205,881,000

277,770,000

t71,889,000

1,005,866,000

790,940,000

214,926,000

397,939,850

626,418.888

5,533,091,955

443,418,453

495,862,288
659,154,129

6,220,393,13(

cumulative

846,281,257

6,276,745,021

bank

4,435,961,800

1,268,428,380

804,387,001

6,508,777,181

4,883,239,629

1,033,817,917

278,823,945

410,630,640

101,223,891

3,121,828,53;

886,827,500

130,710,988

43,079,643

35,512,602,000

34,143,354,500

1,369,247,500

for

Total

for

December

months—

12

Fund,

System,

Insurance

Government

Fund,

Savings

and

Life

Federal

Loan

Insurance

Deposit

Insurance

Fund,

National

Insurance

Cornoration.

tNet

110,158,408

18,817,643

1,042,098,10]

20,000,000 New York

79,901,271

2,618,804,741

bonds due
for

Notes

Preferred

CORPORATE

$789,037,491

$1,030,863,766 $8,663,381,010
1,158,479,318
8,067,824,901

6,448,703,117

460,642,466

6,858,434,194

558,261.349

1,241,156,857

5,064.217.352

805,109,812

995,810,265
673.412,621

4,801,809,634

846,281,257

prior to

813,229,501

the

2,669,224,000

3,181,078,53

101,223,891
43,079,643

1,080,868,131

lateral

110,158,408

19,239,518

1,042,520,27(

2,319,675,200

219,228,275

79,901,271

2,618,804,74t

877,031 and that

$7,817,-

for

1927

of

nicipal and farm loan

government agency financing
i;j excluded from the above
totals, but is presented sep¬
arately in our compilation given on another
page of this
article.

30,000,000 Ohio

1954

annual

such revisions were
made, since we
knowledge been able to secure for the most
more
important offerings placed through the

year

the

since

consequence,
reach

never

New

any

corporate

very small issues is of

the

great

sum

total

of

them

no

aggregate.

emissions

for

the

series
new

1954

of

$2,064,567,329,

23.83%,

or

as

tae

compared

with

further breakdown

sheWs that

4,818,875,232,
educed

at

of this

new

or

figure into

capital

issues

77.50%.

or

new

and

attained

the

or

•41%

and

erfnnn W
07,000,

with

new

refunding
o

or

»?£ 1953 total

#

corporate issues

(no

;t

^..o7%, of the

on

Ry.

due

./

a

'

amount

of

$1,658,188,-

ar!d refunding issues of $161,712,808,

years total

corporate

olume during
1954, totaled
trasted with the
figure of




or

of

new

27,000,000

bank

repay

Inc. 334%

first and

bonds

due

Jan.

1,
25,000,000

equipment

Indiana,
1,

trust

certificates.

inclusive.

Inc.

1984.

Purpose,

679,436

for

Purpose,

334%

first

Purpose,

1S83.

shares

construction

Power

to

Jan.

15,

1979.
construction.

Co.

Purpose,

mortgage

to repay

of

20,000,000 Erie

bank

Gas

&

loans

and

24,000,000

EI

Edison

Co.

while

1, 1969.
bank Ibans.
Natural

bonds due Dec.

bank loans

bonds

and

or

improvement in

$636,846,315, or 7.35%,
$460,642,466, or 5.71%, in

con¬

for

and

refunding mort¬

Purpose,

convertible

to

Co.

1968.

4 Va%

bonds,

34,282,821

series

Fireman's
stock

first

and

mortgage

Purpose, for

expans.on

1,

Power

&

1989.

due

collateral

new

1984;

for

$25).

for

shares

of

trust

acquisition

3%

first

for

40,000,000

(Canada)

bonds,

3%%

series

D,

Purpose,

Co,

repay

of

sinking

fund

bank loans

Gas

bonds

Co.

due

and for

new

3'/«%

Feb.

1,

first

1974.

Purpose,

1984.

Owens-Illinois

1984.

first

Co.

to

to

stock
new

26,700,000 Safeway

3Va7«

20,000,000 Long
lative

Loan

Purpose,
Island

for

bank

Light

fund

loans

Co.

Purpose,

working

Corp. 3%%

due

con¬

25,000,000

repay

and

notes

for

working

to

704,917
repay

shares

bank

of

com¬

loans

and

4.30%

cumulative

Purpose,

to

repay

capital.

Co.

stock,

Power

314%
to

July

first

1,

July

first

refunding

and

1979.

1,

3.35%

Co.

first

Purpose,

1S74.

Gas

due

bonds

due

Purpose,

mortgage

re¬

pipe

bank loans

to repay

Co.,

refunding.

Purpose,

3Va%

from

promissory
1962

Nov.

($12,500,000)

Gas

3»/4%

RR.

to

for

and

notes,

Aug.

1969.

investments

Natural

Gas

1974.

Jur.e

for

Service

1979.

1,

mortgage

debentures,
•

bonds,

series G

refunding.
3V4%

Co.

24-year

refunding,S-

first

Purpose,

Public

\
3%

Co.

Purpose,

1980.

Southwestern
due

Inc.

quartely

Natural

1,

1969.

3V»%

2%%,

mortgage

($13,500,000).

Central

1,

and

1973. ' Purpqse,

1,

Nov.

first

Co.

1964

Production

25,000,000 Northern

sinking fund debentures
construction.

new

Co.

first

3.20%

mortgage

Purpose, refunding.

AUGUST

stock

mon

30,000,000

1,

E

shares
(par

of

4.35%

$100).

cumu¬

Pu.po^e,

mortgage
bank loans

bonds
and

due

for

April

new

1.

con-

$1).

(par

Pacific Power &

Purpose,

1984.

bonds,

Co.

due
new

common

Capital
stock

first mortgage bonds due

refunding

Edison

series F,

York

investment.

for

($23,990,000)

and

for

($6,010,000).

California

bank loans and for

repay

25.000,000 New

Ltd. 3,250.000 shares of com¬

Purpose,

Light Co. 3%%

construction

new

30,000,000 Southern

Fund

of

3%

Aug.

first
15,

and

1979.

refunding

Purpose,

to

construction.

Canada,

Ltd.

(par $1—Canadian).

1,000,000

shares

Purpose, for invest¬

ments.

25,000,000 Niagara
200,000

series

repay

Gas

refunding

Aug.

bonds
for

Sept.

Mohawk

due

new

20,000,000 Food
Co.

Purpose,
strqction.

3>/4%

Co.

construction.

series,

Illinois

of

promissory notes due April 1,

refunding.
20,000,000 Ohio

due

Aug.

due

due

refunding.

Lighting

preferred

Purpose,

sinking fund bonds, series Z,
refunding ($23,709,000)
and

due

I,

$32,500,000 Canada General Fund (1954)

sinking

Inc. 267,000 shares of
preferred stock (par $100).
and

10-year debentures

capital.

Coke

&

Interstate

mortgage

loans

and

first mortgage
bonds,

Stores,

convertible
bank

&

par).
construction.

($52,500,000)

($16,291,000).

series

equipment

Aug.
Power

(no

debentures

15-year

($20,410,000).

capital

Purpose,

Light

new

Southern

due

capital.

28,069,772 Pennsylvania

ex¬

y*

,

promissory notes due 2054.

working

Interstate

334%

bonds

repay

deben¬
for

refunding.

working

and

bonds,

25,000,000 Consolidated

pipeline

($10,000,000).

Glass

Purpose,

and

series
Purpose, refunding ($40,000,000) and

construction

serial

Purpose,

refunding

Purpose,

1989.

Gas

Purpose,

APRIL

40,000,000

15.

for

second

for

construction.

$50,000,000 Commonwealth Edison Co. 3%

3%

Corp.

Purpose,

construction

bonds

and

20,000,000

new

July

and

26,000,000

and

mortgage

2.65%

to

($22,500,000),

first refunding mortgage
new

and

Natural

1.30%

Consolidated Gas, Electric Light & Power Co. of Baltimore

line

construction.

Southern

y.;;;, y

Acceptance

1964.

15,

27,900,000 Colorado

common

loans

A,

sinking fund debentures due
refunding $16,070,000; working

Corp.

1969.

expansion

1,

/

shares

bank

mort¬

April

•

600,000

to

series

.

first

due

construction.

new

j

.

,

funding.

bonds

24,000,000 Texas Eastern Penn-Jersey Transmission
Corp. 4.20%
mortgage pipeline bonds due 1973. Purpose for new
struction.

20,000,000

15,

mortgage

National

mortgage

mortgage
bank

repay

3%%

Co.

Steel

Motors

39,950,000 Peoples

common:

of

first

Purpose,

1974.

1, ! 1955-1964, inclusive.
working capital.
,
:.y •

expansion

for

construction.

new

re¬

new

%;y.

3%%

Co.

1.

Aug.

and

30.000,000 Colorado

Co.

Co.

24,150,000 Southern California Edison
(par

States
due

July

for

pipeline
program.

refunding mortgage
Purpose, refunding.}

601.453

Purpose, for

Pipe Line

Purpose

stock

15,
Co.

Purpose,

73,000,000 St. Regis Paper Co, 25-year 3%% sinking fund debentures,
due
July 1, 1979.
Purpose, refunding ($52,590,000)
and

to

subsidiary.

its

Lighting

and

1974.

March

Insurance

Purpose,

Interprovincial
gage

due

$25).

(par

4.50%

414%
first mortgage bonds,
Purpose, new constiuction.

Trailer

July

due

and

general

and

Co.

Houston

2%%

$2.50).

due March

30,000,000

N,

Fund

(par

Surety

Co.

June

of

75,000,000 General Motors Acceptance Corp. 23/4%

repay

debentures

construction

new

due

shares

construction.

new

Co.

1983.

62,500,000 Chrysler Corp. 334%
Gas

15,

Edison

June

working capital

3%

1984.

1953

15-year

Purpose,

stock

1974.
Purpose,
$3,930,000.

pansion

for

MARCH

$40,000,000 Detroit

1974.

pre¬

first

bonds

JULY

for

3'/e%

3J/»%

Feb.

Paso

due

for

1,

75,000,000 General

Electric Co.

$12,-

■/'

.

for
tures

first mortgage

repay

gage bonds, series W, due Dec. 1, 1984.
bank loans and lor new construction.

due

1,

capital

due

42,850,200 Detroit

and

July

June

FEBRUARY

$60,000,000 Pacific

Purpose,

purposes

y.y

1,000,000

Co.

Transmission

Gas

Mining

due

stock

common

bank

3%%

to

program.

1979.

refunding.

first mortgage bonds

repay

1,

first mortgage

preferred

bonds

pipeline

$225,000,000 United

20,000,000 Michigan Consolidated Gas
due

3%

Co.

stock

cumulative

expansion

corporate

general

Electric

&

first

25,000,000 Tennessee

for

program.

Co. 3V-z%

Purpose,

of capital

common

514%

of

Purpose,

$50).

of

program.

.

Puipose,

20,000,000 Fruchauf
Co.

shares

shares

shares

540,000

(par

Power

Gas

due

construction.v.;

construction.

new

1984.

Pacific

con¬

debentures

1,000,000

promissory note due June

$12,500,000;

deemable

1,

Ltd.

878,878

y^y'y

25,000,000 Consumers

314%

Co.

construction

Corp.

stock

refunding
500,000.

York,

1955-1969,

Steel

McLouth

Line

Co.

Purpose,

par).

25,000,000 Carrier Corp.

loans

col¬

and
new

Purpose, for investment.

Electric

construction.

Power

1,

25,000,000 Beneficial

financing.

aggregate total for the
year,
which showed substantial

deben¬

Purpose,

debentures, series D, due
construction program.

for

Pipe

Canada,

of

$1).

(par

loans
Co.

for

Dec.

for

$1,819,901,257, divided

the

to

mortgage

3V4%

2,

20,000,000 Appalachian Electric
.

mon

7^m°? +itocks in 1954 comprised $1,021,342,134,
79%, of the
issues

and

par).

for

was

totaling $121,750,000, or
$7,750,000, or 0.09%, conshort-term volume of $221,-

in

utility

fund

first mortgage
1982.

1,

Purpose, expansion,

Scudder Fund

preferred

sinking

3%%

Jan.

Inc. 314%

Purpose,

Eastern

1974.

1,

(no

mortgage
gas

construction.

new

Jan,

Service

of

sum

issues

only

first

acquire

equipment.

24,973,967 Consumers

refund-

2./4%, of that year's overall volume.
Stock
offerings in 1954 totaled
new

due

Q, due May 1,

Short-term financing dollar volume for
1954
scale

A

refunding was greatly
21.88%, of all financing

curing the year.

educed

first

for

55.62%, while

$1,895,104,521,

to

25-year

New

of

bonds, series K, due Jan.

totaled

diminutive figure of
$197,914,742, or 2.45%, in 1953.
A division of the 1954
dollar volume into the
three
classifications, such as long-term bonds and notes, shorterm bonds and
notes and equity
financing reveals that
*.;ne former amounted
to

$6,713,979,753,

'SV*%

Co.

Pacilic

M,

25,000,000 Public

30,000,000

year

25-year

bonds,
series J,
due Jan.
1,
1984.
bank loans and for new construction.

repay

Purpose,

25,020,000 Canadian

all

i:6,598,813,681, or 76.17%, as against
$7,869,910,159, or
k'7.55%, in 1953. Refunding, operations in 1954 reached
sum

Co.

no

our

private route. The omission of

32,000,000

mortgage
to

Edison

1984.

repay

figures to give consideration to issues of size that
were
Dot available
during the year in question. However, for
lave to

3Vs%
Purpose,

Jan.

mu¬

and

our

Co.

1979.

Gas System,

1979.

1,

June

atten¬

fact that government,

In prior years revisions have been
made in

July

Corp.
due

bonds

29,881,852 Philadelphia

15, 1979.
Purpose,
expansion program.

for

new

With respect to the above
figures the reader's

1,

Refining

due

and

$7,319,195,804.

tion should be called to the

Gas

Jan.

deben¬

capital.

etc.

Columbia

stock

35,000,000 Consolidated Edison Co.

point at $8,657,852,400 since 1929, when that
year's total amounted to $10,026,361,129. A
study of our
prior years uncovered the fact that the 1952
firand total also exceeded the 1928 figure of

40,000,000

issues of securities placed

time the purpose of the issue:

five-year

working

Purpose,

1959.

Electric

trust

35,000,000 Panhandle

JANUARY

tures

their

Valley

54,000,000 Ohio

>

Large Domestic Corporate Issues in 1954

15,

2%%

Corp.

Acceptance

June

struction,

Illinois

sinking fund debentures
bank loans and for

repay

Cyanamid Co. 580,235 shares of 3%% cumula¬
tive convertible preferred stock, series C (par $100).
Pur¬
pose, expansion and working capital.

properties from Commonwealth Edison Co.

highest

Motors

130,710,988

due

v.:;;

America 3%
Purpose, to

1979.

1,

due

410,630,640

55,000,000 Atlantic

year

General
tures

6,258,587,454

bonds

bonds

first mortgage

58,023,500 American

907,077,500

and

records for

100,000.000

6,652,069,68:

284,266,445

same

first mortgage

for new construction.

june

6,317,917,51'

1,268,428,380
1,036,481,389

giving at the

314%

Co.

Purpose,

of

Co.

June

913,122,350

Service

reach

669,826,626

4,570,411,800

$60,000,000 Northern

retired.

1954

5,886,939.178

4,937,839,620

list the principal

Gas Corp. 3V4%

Purpose, to repay bank loans and

Power

1984.

6,548,398,31(

we

1984.

1,

Electric

May 1,

$100,000,000 Aluminum

5,601,366,951

496,667,468

Purpose,

placements

repay

3%

Co.

expansion.

'627,693,888

loans

that

corporate

20,000,000 Wisconsin

6,865,137,42!

397,939,850

___

1989.

Electric &

May

due

618,166,607

amount, despite its size, was $5,529,610 below the aggre¬
gate sum for the year 1954.
domestic

to

first mortgage
Puipose, to repay bank loans and

Illuminating

1,

State

8,657,852,400

443,418,453

the

worthy of mention

4.10%

of

Purpose,

Total

4,575,733,217

dollar

saw

shares

210,000

(par $100).
construction.

new

construction.

new

due

Stocks

$6,843,479,753

4,595,359,950

ISSUES

Common

Stocks

5,608,312,395

volume of domestic corporate
financing
substantial figure of $8,663,381,010 for the
year 1954 as against $8,067,824,901 in 1953 and the some¬
what larger total of
$8,657,852,400 in 1952. The latter

is

stock

for

construction.

new

219,228,275

refunding

Total

bonds due May
for

913,122,350

Results for the Year 1954

reached

and

Electric

2,319,675,200

Bonds and

Postal

Corporation,

Corp.

Power

preferred

1,060,618,13:

in 1954

•Comprises sales of special series certificates and notes; certificates
ecld to Adjusted Service Certificates Fund and
Unemployed Trust Fund
•and notes to Federal Old
Age and Survivors Insurance Trust Account.
Civil
Service
Retirement
Fund.
Foreign
Service
Retirement
Fund
Canal Zone Retirement Fund. Alaska Railroad Retirement

Mohawk

loans

20,000,000 Cleveland

6,200,881,481

2,609,974,000

Below

Total

,

4,508,733,217

1945

...

799,985,000

construction.

new

4,771,309,634

1941

December

"Certificates

mortgage bonds, series K, due May

5,281,112 395

1943

wired

Gas

Natural

554,411,349

1946_

105,723,000

—

Total for November

*i
.1

bank

repay

460,642,466

1948—._

November—

Notes

«70?r

preierred stock,v (par $100).
Pur¬
loans and ior wolking capital.

6.729,934,194

1954——

tl08.193,000

15,799,000

Certificates

ito

convertiele

general corporate purposes.
Total

Stocks

1949—

:

new

debentures

6,419,103,117

Calendar

t72,106,000

54,656,000

—

Total for October—

Ue

fund

refunding.

Purpose,

1973.

sinking

$8,471,929,663

1953

atII

3>/4%

Co.

$926,cUd,J59

DOMESTIC AND FOREIGN, INCL. CANADIAN,

t40,023,000

112,200,000

October—

ireat

Gas

$788,813,951

1942—

326,897,000

80,117,000

part

for

Purpose,

1984.

$6,756,269,753

Years

the

1,

Purpose, to repay bank loans and for investments

May

ican

1944——_—

38,145,000

Notes

It

first and refund¬

3s/4%

Co.

subsidiaries,

due

1945

September—

1952

to

1979.

1947

288,752,000

153,025,000

—

Notes

Federal

Gas

May

'

1,

1943

August—

Dife

&

1953

1,031,773,500

July—
Certificates

(Savings

new

due

bonds

Natural

cumulative

Common

Stocks

Electric

for

1952—

Total

Notes

Service

Nov.

due

25,000,000 New

1954—

Purpose,

subordinated debentures
construction.

Inc. 3 V2 %

Purpose,

1964.

mortgage

pose,

Years

$

refunding

1984.

1,

35,000,000 Allis-Chalmcrs Manufacturing Co. 350,000 shares of 4.08%

]

a

Bonds and

and

first

June

and for general corpo;ate purposes

System,

10

40.000,000 Northern

DOMESTIC CORPORATE ISSUES

Calendar

due

X,

construction.

security:

♦INTRA-GOVERNMENT

Gas

May

50,000,000 Public

tabulation of the annual corporate fig¬
past 14 years according to each type of

the

series

($1,960,000).

25,000,000 Consolidated

Following is

^
3V8%

Co.

Electric

&

bonds

refunding ($63,040,000)

the year 1954.

Total

Gas

mortgage

manufacturing fol¬

$11,688,500,.

Monday, May 30, 1955

.

MAY

utility

at $1,295,255,855, or 14.95%; miscellaneous, $1,062,238,036, or 12.26%; iron, steel, etc., $609,401,837, or
7.03%; oil, $576,649,357, or 6.66%; railroad, $482,871,960,
or
5.57%; investment trusts, $300,508,183, or 3.47%;
land, buildings, etc., $110,235,124, or' 1.27%; motors,
$88,400,000, or 1.02%; equipment manufacturers, $24,-

6,723, 672,000

ctf. of .indebt.

total

lowed

1.500. 633,000

6,723 672,000

Depositary

Dec

455,000

1,500, 232,000

bonds

yr.

U. S.

1

Dec

Treas.
Treas.

yr. Treas.

the

group held the lead, taking up $4,099,915,184, or 47.33%,
of all funds
raised, the above total being in excess of

New

Total Amount

Type of

.

.

Fair

1,

Aug.

Power

1, 1984.

Corp.

Purpose,

3'/b%

general

to repay

mortgage

bank loans and

construction.

Stores,

1974.

repayment

of

($7,500,000).

334%

Inc.

Purpose,

bank

loans
-

•

sinking fund debentures due
($12,500,000) and for

refunding
and

general

corporate

purposes

Number 5433

Vqlume 181

.debentures

20,000,000 Northern States Power Coi
(Minn.) 200,000
$4.11
cumulative preferred stock
(par" $100).
1

refunding.

shares ' of ;
Purpose,

Buzzards

$112,500

Feb.

bank loans.

does not,include

and

sues

Sept. 15, 1984.
Purpose, for advances to
associated companies and for additions
improvements. ,'
:-;V:'•
•

and

.

•

bank

Telegraph Co. 314%

&

general corporate purposes:

:

^

for

35,000,000 Electric Auto-Lite Co. 314% promissory note due to Sept.
1, 1969. Purpose, refunding ($20,340,000) and for capital
expenditures and working capital ($14,660,000).
25,000,000 Commercial Credit Co. 354%

Sept.

.

Purpose, for

1969.

15,

1984.

25,000,000

1979.

Power Co.

Oct.

construction.

loans

and

for

and

1

stock

Nov.

series

1989. Purpose, refunding
to reduce bank loans ($40,000,000).

due

H,

and

000)

15,

Oct.

50,000,000 Cortland Equipment Lessors, Inc. 3%
tures, series A, due Nov. 1, 1955 to
to

pose,

1967.

refunding
($12,000,000).

property

Statler

Hotels

of

Co.,

bonds,

gage

25,000,000 Cortland Equipment Lessors, Inc. 414% sinking
bentures, series B, due Nov.
1, 1969. Purpose,
bank loans and advances from Safeway Stores,
for

to repay
Inc. and

Associates

20,000,000 Public Service Co. of Colorado
due Oct.
1, 1984.
Purpose, to

3Ve% first mortgage bonds
repay bank loans and for

of 414%
(March).

shares

Chemical Corp. lOO-yeor 334% notes due
(convertible under certain conditions into shorter

2054

promissory notes due June

1%%

notes due Dec. 1,

senior term

3%

series C,

due

/

due

notes

-

Nov.

1989.

15,

senior-term note $2,000,000

23-month l7/a%

Co.,

senior-term note. $5,000,000

114%

one-year

cumulative preferred

Co., 72,000 shares of 4.10%
$7,200,000 (August).

first mortgage bonds, series A, due
lor new construction.

!

'

ber).

DECEMBER

Barlu Oil

125,000,000 Tennessee Gas Transmission Co.
bonds

line

Feb.

due

1,

314% first mortgage pipe

($92,600,working capital ($32,-

Purpose refunding

1975.

repayment of bank loan and

000),

3%% first mortgage
Purpose, refund ng.

400,000).

Electric Corp,~33/4%

Valley

90,000,000 Ohio

bonds,

trust

lateral

construction,

due

Jan.

1,

first mortgage and col¬
Purpose,

1982.

for

new

etc.

,

due

Beneficial

due

Berkshire

Oil

Dec.

Oil

Dec.

Telephone

England

30,000,000 New

due Dec.

debentures,
from

Purpose,

1962.

31,

parent

15,

repay

&

Te'egraph

Co. 34-year 314%

Black

company.

25,000,000 Associates Investment Co. 3% senior term notes, due
1, 1964.
Purpose, to reduce short-term borrowings.

25,000,000

<M.)

Lowenstern

due

22,642,400 El

June

1,

1980.

Paso Natural

ible

414%

to

pose,

Purpose,

for new construction,

due Dec. 1,

acquire stock of Alaska Pine & Cellulose,

20,000,000 Remington Rand, Inc. 3%% promissory
Purpose, for working capital, etc.

Private

Our record

Sales

of

Securities in

of security

,

were

sold

of all corporate

during

Ltd.

the

year

Year

1954

aggregating $3,126,800,1954.

This was 36.1%

sales,

Decker

Hills

Blaw-Knox

it

might




Co.

Mining

400,000 shares

be well to

explain, comprise

publicly offered but sold di¬

of common stock,

.

promissory note due May

1,

Light Co.

&

(par

\

Jan.

y

Co.,

(November).

Inc., 414 % promissory

Broadway
Oct.

& Charmelton,

1,

promissory notes

15, 1975. $10,000,000

due

first mortgage
(October).

Nov.

Broadway-Hale Stores, Inc. 200,000
$25), $5,000,000 (November).

Co.,

3%%

debentures due 1974,
due April

1, 1964,

fund note due April

1, 19G9,

614%

capital debentures

Plan,

414%

sinking

Finance

Finance

Bulova Watch Co.

(July).

314%

$3,000,000

1955-1968,

$1,000,000

& Varnish

May 1, 1968, $8,000,000

3%%

Co.

promissory notes due*

notes

fund

due

Nov.

1,

1964:.

promissory notes due 1966, $2,400,OCf*>

(July).

4%

Natural Gas Corp.
000,000 (December).

Corning

Cottreli
and

8c Sons Co., 414% promissory note
installments to and including Jan.

(C. B.)
in

due

first mortgage bonds due

1974. $1,~

dated Jan. 13, 1954t
1, 1969, $1,500,Q€0
y

(January).

45/6% notes due 1969. $2,000,000

Coty, Inc., 15-year

Inc.

Co.,

Finance

Crown

414%

promissory

(December).

notes due Sept.

1,

1964.

$1,000,000 (October).
Daitch

serial notes due Sept. 1, 1955-1961H

414%

Crystal Dairies, Inc.,

(September).

$850,000

Dobeckmun

Ltd.,

Oils,

Devon-Leduc

37/8%

Co.,

(August).

notes, $390,000

5%

notes due May 1,

promissory

1969, $4,000,OCft

(May).

$1,750,000
Dr.

Pepper Co.,

4% real estate note

1,

Utilities

Dorado

El

El

15,

Electric

Inc., 33/4%

414%

Co.,

Co.,

Refining

promissory notes due Jan. 15, 1967.

1974-.

promissory notes due May 1,

promissory notes

due to May 1, 1966, $3,-

1968,

Natural

Natural

15,

1968,

Co.,

Co., 4% %
(April).

Gas

3V4%
(September).
Co.

Products

$410,000

sinking fund debentures due Oct.

Gas Co., 414% first
$19,200,000 (June).

Auto-Lite

Electrical

pipe line bonds due

414% first mortgage
$24,000,000 (February).
Gas

$12,150,000

Paso

Electric

collateral trust bonds due Oct. 1.

(March).

(May).

Natural

Paso

434%

Associates,

1969, $2,-

sinking fund debentures due

(June).

750,000
Paso

1959-.

(October).

Sault

$500,000

due

due to 1967, $1,717,521 (January).

&

Brothers Stores,

$2,000,000

debentures,

promissory note due Sept. 1,

4%%

Chemicals, Inc., 314%
1974, $2,000,000 (June).

Plastics

1978, $7,000,000

El

subordinated

(October).

Duffy-Mott Co., Inc.,
100,000 (April).
June

3%%

Corp.,

Finance

Domestic

1967,

sinking fund notes due

sinking

Co.,, 10-year
(December).

Electric

Cook

G,

subordinated convertible notes du»

534%
April 1, 1964, $207,000 (May).
Corp.,

Engineering

Control

$35,000,000

(May).

5,000 shares of 514% pre¬
(August).

3.70%

Industries, Inc.,
(January).

Chemical

Consolidated

Dec.

Plan,
$600,000 (April).

Budget

fund debenture*

first and general mortgage bonds, series
1, 1984, $10,000,000 (November).

due Nov.

1968,

sinking fund

•

sinking

Connecticut Power Co. 314%

Dec.

preferred stock (par

shares of 5%

(Dallas, Pa.)

(par $100), $500,000

stock, series B

ferred

Co.,' 314 %
(June).

Leather

&

Shoe

1968, $1,800,000

1,

Commonwealth Telephone Co.

$550,000 (July).

sinking fund bonds

Vy':" V

-y.!■%;

(July).
Commonwealth

El

due 1959,

Sept. 15„

Co*

Inc. 6% sinking fund debentures duet
Dec. 31, 1966, and 200,000 shares of common stock (par 10 cents) i».
umts
of $i,u00 of deoentures and 20 shares of stock,
$10,000,000

collateral trust notes

Inc. 414%

1974, $1,500,000

Brooklyn Union Gas
$7,000,000 (May),

due.

notes

3%% junior subordinated notes due
(September).

Credit

Commercial

notes due Aug. 1, 1969,

promissory notes due Jan.

Ltd.

and 33A%
>

promissory notes due Jan.

414%

Inc.,

System

—'* •

promissory

414%

Commonwealth Oil Refining Co.,

Edison

Petroleums,

(July)..

Inc.,
(January).

System,

1973, $7,000,000

2%%, 314%

mortgage

first

1969, $27,900,000

1964 and

Broadcasting

Eastern

414% first mortgage and
July 1. 1963, $2,700,000 (August).

Britalta

Co.,

Co.

Gas

Broadcasting

15,

Edison

314%

inclusive,
y
y •' "yy
' ' >
22-year 414% sinking fund bonds.
*

serial debentures due 1955-1C69,

1973. $13,000,000 (December). . ;
promissory note, $800,000 (October).

15,

4.75% cumulative pre¬

9,950 shares of

$100), $995,000

(December).

due

Interstate

bonds due

>

Durez

(July).

(June),

$2,000,000

those securities issues not

cumulative preferred stock (par

shares of 5%

Manufacturing Co. 4%%

Power

stock

Budget

financing and compares with 33.5% so

placed in 1953.
Private

6,435

Black, Sivalls & Bryson,

due

issues placed privately shows

that 423 issues of this character,
305

1974,

notes, due 1974.

1969, $5,-

series A, due 1979, $1,-

Eoonville Collieries Corp.

promissory note,

3%%

Inc.
to

loans.

1974,

(September).

Consolidated

$2,000,000

Gas Co. 226,424 shares of $4.40 convert¬
series of 1954 (no par). Pur¬

bank

repay

20,000,000 Rayonier,

first mortgage bonds, series A,

Puipose,

preferred stock,

second

Black

first mortgage bonds,

(September).

1969, $1,500,000

ferred

25,000,000 Reserve Mining Co.

Gas Co.

Bear

Black &
.

(Canadian) due July 1,

notes

414%

4%

Co.,

$643,500

$12,000

Dec.

Inc. 20-year 3%% promissory
to retire bank loans and for

& Sons,
Purpose,

note, due 1974.
expansion.

$100),

Corp.,

$7,000,0Ct&

promissory notes due Aug. 1, 1974,

(May).

$500,000

(September).

Berkshire

Puipose, to repay advances

1,

due April

(July).
Gas

330,000

loans.

bank

to

1988.

series B,

rotes,

promissory

4%

Co.

-•

(April).

Loan

000,000

Purpose, to repay bank loans.

1962.

31,

10,000,000 Monterey

series A,

not^s,

promissory

4%

Co.

-

due Feb. 1, 1969 (Cana¬

notes

promissory

3%%

Corp.,

Loan

1969, $1,500,000

.

Beneficial Loan Corp.,"4% % promissory notes
dian currency), $10,000,000
(February).
$25,000,000

bonds due 1984.
' '
'

Cook Paint

Sept. 1, 1972,

preferred stock (par $100),

20,000 shares of 4%%
$2,000,000 (April).
'

Beneficial

32,000,000 Monterey

"I-

>

.

Bell & Howell Co.,

40,000,000 Woolworth (F. W.) Co. 3.1% promissory notes, due 19601975, inclusive. Purpose, for expansion and improvements.

1984,

$300,000 (November).

promissory note due

4%

promissory notes due Jan. 1,

3%%

Howell Co.,

(March).

mortgage bonds due

secured note due 1969,

3%

Corp.,

Instruments, Inc.,
$900,000
(November).
&

first

314%

(May).

Beckman
Bell

bonds due July lr 1976,

first mortgage 414%

Co.,

Hvdro-Electric

Banrror

capital stock $313,900. (Decern*

-

Bangor & Aroostook RR„
$2,000,000 (March).

$1,000,000

169,446,000 Transcontinental Gas Pipe Line Corp.
pipe line bonds, due June 1, 1975.

$1,200,-

'

>

Inc., 31,390 shares of

Baird Associates,

I

1953

promissory note due to

414%

Canteen Co. of America,
1966, $2,800,000 (June).

1,

June

^

Corp. 3%% promissory
Purpose, for expansion program.

2052.

1,

Jan.

27,000,000 Erie Mining Co. 414 %
July 1, 1983.
Purpose,

refunding.

Purpose,

bonds dated Sept. 1,

promissory note due 1966,

and Sarita Oil Co.,

Oil Co.

-

,

(July).

Automatic

3Va%, 35-year deben¬

Machines

Business

International

refunding.

Purpose,

Telegraph Co.

&

000

(July). >
1, 196S-

Aug.

Columbia Telephone Co.

Co.* 414% first mortgage
1, 1978, $4,325,000 (June).

Sept.

<

Bakeries, Inc., 5%

1969, $25,000,000

(par $100),

Aurora

first mortgage bonds,

314%

Ry.

1984.

due Dec. 1,

Telephone

50,000,000 Pacific
tures

Southern

City

1964.

first mortgage

314%

Co,

Electric

&

(December).

Clayton Road Development
$4,500,000 (June).
--

1955.

15, 1955,

due

notes

promissory

3%'%

Corp.

(September).

Gas

Columbia

Investment Co.,

and due

v"

senior term notes, $6,000,000

one-year

Atlanta Gas Light

refunding.

Purpose,

maturities).

50,000,000 Kansas

35,000,000

stock

Mathieson

$126,000,000 Olin

senior term notes

(par $100),

stock

preferred

first

of

shares

(August).
Claussen

promissory notes due June 15,

Atlantic City Electric

NOVEMBER

$1,300,000

bonds

promissory notes due 2054, $62,500,000

Financial

T.

$1,500,000

cumulative pre¬

(December).

Investment

(June).
due 1966,

$1,000,000

mortgage

first

cumula¬

10,000 shares of 4.65%

Corp.,

(par $100),

5,750

Corp.

$50,000,000

■'

(December),

($15,000,000).

construction

I.

Cincinnati

1, 1967,

capital debentures due Jan.

(December).
Associates

■

.

5%

Corp.,

serial notes due to July 1, 1970,

314%-314%

Inc.

cumulative preferred-

(October).

$575,000

414% promissory note due Dec. 1,
(December).

1%%

Co.,

first mortgage bonds, series

314%

(March).

Public Service

preferred stock

Columbia

Investment

Associates

Co. 3 14 % first mortgage bonds due
refunding ($5,000,000) and for new

Co.,

Chrysler Corp. 3%%

1955-1969, $7,000,-

(July).

$25,000,000

construction.

20,000,000 Texas Power & Light
Oct 1, 1984.
Purpose,

Soya

Chamberlain

(October).
Associates

first mortgage bonds, series*.

414%

50,000 shares of 4%%

$5,000,000

$100),

Colorado

Co.,

bonds due 1979, $1,-

mortgage

(September).

Inc.

Co.,

Co.,

Power

(par

Chamberlain

Inc.,

1%%

Co.,

(May).

414% first mortgage bonds, series
(February).

Inc.

Co.,

Electric

Central Vermont

•

Investment Co.,

Associates

Maine

Central

bonds due Sept.

V/2%, 2Vo% and 214%
$5,000,000 (July).

Co.,

Investment

$1,000,000

promissory notes due 1974.

new

(July).

Electric

Louisiana

City Products Corp. 3%%

Investment

$500,000

25,000,000 Studebaker-Packard Corp. 4%
Purpose, for working capital.

cumulative preferred

C.

125,000

five years,

to

one

fund de¬

capital.

working

in

due

Associates

cumulative

(October).

414 %

Co.,

„

of 4.25%

F, due 1984, $3,000,000 (October).

debentures due June 1,

mortgage

(November).
50,900 shares

first

3%%

Co.,

.

(March).

$6,000,000 (August).

first

$100), $12,500,000

(par

Investment

Associates

of capital

due March

Central

(March).

stock

ferred

Gas

;

mortgage

first

3.20%

30-year

Corp.

Co.,

Service

(par $100), $5,000,000

Louisiana

Central

tive

$800,000
Co.,

Investment

Associates

30,000,000 Keystone Fund of Canada, Ltd. 3,000,000 shares
stock (par $1>.
Purpose, for investment.

bonds

mortgage

promissory notes due

Waters,

inclusive.

810,000,000

Inc.

3%% first and refunding mort¬
series I, due April 1, 2003. Purpose, refunding.

April

-

Investment

Electric

&

due Jan. 1, 1984, $2,000,000

Central

"V

414 %

Cu.,

Puritas

&

1955-1966,
Associates

30,350,000 Louisville & Nashville RR.

1,

(January).

Rubber

Arrowhead

49,500,000 Statler Hotels Delaware Corp. 414% general mortgage sink¬
ing fund bonds due Oct.
1, 1979.
Purpose, to acquire

(par $100),

1984, $7,700,000

1,

(June).

shares of 4.33% cumulative
$6,000,000 (November).

60,000

Electric Co.

E, due Jan. 1, 1984, $1,000,000

shares of 4.35

iMarch).

000

promissory notes due 1965($38,000,000) and for working

Purpose,

capital

due

Gas

Public

Indiana

000,000

E,

414%

1979, $25,003,000 (June).

note due June 1,

Central Louisiana Electric Co., Inc.,

debentures, series D (subordinated),
serially July 1, 1959 to 1964, inclusive, $1,500,000 (June).

Armstrong

314%.

50,000,000 Warren Petroleum Corp.
•>

to 4% serial deben¬
1964, inclusive. Pur¬

bank loans.

repay

Gas

Illinois

Central

Co., Inc., 4%%

(A. J.)

Armstrong

bonds due April

mortgage

first

514%

Co.,

(June).

Hudson

Central

promissory notes due 1955-

sinking fund

Co.,

Power

$80C,Q0O

1983,

1,

Hudson

stock

314%

(June).

Arkansas-Missouri

($35,000,-

Gas

$4,OOCv

,

Corp., promissory

Central

preferred

cumulative

sinking fund notes due Oct.

first

314%

75,000

Co.,

Corp.,

Oil

1974, $11,000,000

refunding mortgage bonds,

Telephone Co.4 3%

York

75,000,000 New

Fuel

►

Central

$100,000

series M due

first mortgage bonds due 1979.

Ltd., 414%

'

...

■

promissory notes clue 1969, $4,900,000

$7,500,000 (October).

(par $100),

Arkansas

convertible notes due Oct..

514%

&

(March).

Service

Public

Arizona

Carbon Corp. 3%% 100-year promissory
1, 2051.
Purpose, for expansion program.

1963, $GOO,OCOi

Central

notes due semi-annually
$2,700,000 (December).

Co.,

Service

$15,000,000

.

.

due

promissory

1955-1969.

1,

Public

1984,

1,

100,000,000 Union Carbide &
due

Oct.

Arizona

$100,000,000 Continental Oil Co. 3% sinking fund debentures due Nov.
1, 1984. Purpose, to repay bank loans and for exploration
and developent of oil and gas properties.

Utilities,

preferred stock

314%-4%
(December).

4%%

-

,

314 % equipment trust certificates,
inclusive, $25,020,000 (January).

(December).

1974,

debentures

4% 15-year sinking fund

Products Co.,

$750,000

;

promissory notes due

Corp.,

Petroleums, Ltd.

Ry.,

1955-1969,

Carolina

(May).

Co., 3%% 20-year
(October).

Co.,

Smelting

Apex

OCTOBER

notes

Optical

/

Celotex Corp., 37/s%

shares of 5%
(November).

30,000

$3,000,000

$100),

inclusive.

1066

Sons'

.

,

bonds due-

mortgage

first

Co.

$625,000

sinking fund notes,

Co., 5%

8c Foundry Co.,

Vitrified

American

2,

000

Machine, Works Co., b% sinking fund notes, $625,000!

$2,000,000

1972,

trust notes due

Pacific

bonds due Oct.

(par

American

3%%
(December)..

$3,000,000

1979.

(Harry T.)

Canadian

v

Marietta> Co.,

American

first mortgage

of $1.20 cumulative.

shares

80,000

Co.

Telephone

Carrier

notes

promissory

Illinois, 3V3%
(December).

due March 1, 1959, $15,000,000
stock

Purpose, for new

1984.

1,

314%

&

preferred stock, series D

American Machine

etc.

Aircraft Co. 15-year collateral
1969.
Purpose, to repay bank
capital.
•

working

for new

debentures due Sept. 1,

3%

capital,

(Minn.)

working

for

States

bonds due

and

Jan.

(February),

;

(Indiana)

Co.

Purpose,

20,000,000 Spartan
Aug.
1,

(January).

(August).

Telephone

.

of

Machine Works

&

Iron

Co.

$10,00,000

1974.

1,

American Iron &

($4,387,000).

Oil

Standard

20,000,000 Northern

.June

314% first mortgage bonds
($20,613,000)

refunding

Purpose,

construction

Investment

American

American

junior subordinated notes due
working capital.

25,000,000 Puget Sound Power & Light Co.
due

t

(December).

$7,000,000

1969.

1,

($2,500,000).

series F„

1, 1969, $750,000 (October).

subordinated notes due June

Co. of Illinois, 4%

American Investment

($47,500,000) and for 'working

Purpose, refunding

1969.
capital

1,

Canadian

subordinated notes due June'<

of Illinois, 4 %

series E»

bonds,

mortgage

first

(January).

(June)".

$5,000,000

&

Canadian Pipelines &

promissory notes due annually!
inclusive." $15,000,000 (December),
Co. of Illinois, 3'/t> 7o senior notes due June 1,
$10,000,000 (June)'.

1869,

1,

3.35%

Co.

$1,500,000

1979,

Water

Campbell

(July).

Manufacturing Co. 3%%

American Investment Co.

3%% promissory notes due Aug. 1,

50.000,000 C. I. T. Financial Corp.
•

trust bonds, due Oct.'

1,

mortgage bonds,

first

43/4%

Co.,

(April).

Service

Water

March

Investment

1974.

-

52,000,000 Northern Pacific Ry. 4% collateral
1, 1984. Purpose, refunding.

Nov.

California

1,. 1962-1982,

June

American

\

sinking fund debentures due

preferred stock (par $25), $2,000,000 (August).

due June

promissory notes

3%%

Co.,

$9,000,000

inclusive,

Allis-Chalmers

35-year

to repay advances

Purpose,

1989.

1,

parent and for

from

received

Sept.

due

Manufacturing

1962-1982

1,

Utilities

$2,000,000

Water

California

(August)vt''

$2,685,000

Allis-Chalmers

first mortgage bonds, series H,;
Purpose, refunding.

(March).

Telephone Co., 4%%

1974, $1,500,000 (March).

1984,

due

.

bonds due

mortgage

first

414%

Telephone, Co.,

1979, $4,200,000

1,

California

1969, (

1,

Aug.

due

note

promissory

314%

Inc.,

Laboratories,

Allied

3%%

Telephone

Bell

debentures

,

($23,700,000).

loans

60,000,000 Illinois Central RR.
due Sept. 15, 1989.
55,000,000 Southern

the

Transmission Co. 414 % debentures duet'
Purpose, refunding ($41,300,000) and to1

65,000,000 Tennessee Gas
t
•• ••; ..;;
Sept. 1, 1974.
reduce

together with a summary of
figures for the past several years:

reported in the year 1954

and

subsidiary

-

314% 30-year de¬

Telephone & Telegraph Co.
due

bentures,

*

-California-Pacific

T

,:

which we have

list of all private issues

a

1955-1963.

(June).
Interstate

1,

Feb.

due

Following is

1974, $5,500,QCffi

due July 1,

notes

10-year promissory notes due

414%

Co.,

California Interstate

is only of security is¬

figures, that the compilation

the

SEPTEMBER

$250,000,000 American

Bay Gas

California

misunderstanding of

also to be made clear to avoid any

3%% debentures, series C, due Aug.
expansion.

fund

3%%' sinking

Inc.

(July).

ordinarily insurance companies and banks. No dis¬
tinctly ^s^ade- between private and public issues in
our detailed compilation
of capital flotations. It ought
ers,

•

20,000,000 United Air Lines, Inc.
1, 1974. Purpose, for

Burdines,

relatively few large purchas-1

rectly by negotiation to a

j h ? V received from parent company.

^

'7

(2463)

The Commercial and Financial Chronicle

.

.

States Telephone & Telegraph Co. 35-year 3%:
due Aug. 1, 1989.
Purpo..e, to repay advances.

20,000,000 Mountain
.

.

Corp.

1,

mortgage pipe line bonds due

promissory

of California,

?

note due to Sept. 1,

434%

9

1963.

promissory notes due

(March).

(Continued on page 8)

8

The Commercial and Financial Chronicle

(2464)

Hollingshead

(Continued from page 7)
Electronics
000

Corp.

America,

of

5%

Electric

$5,000,000

Mining

Mining

Co.,

% promissory notes due May

1974,

1,

due

notes

Fedders-Quigan
$5,000,000

promissory

4%%

Corp.,

1,

June

1969,

(June).

promissory notes, $2,000,000

Inc., 3% -3(4% -4%

(July).

Jan.

Fidelity

Corp.,

Acceptance
1,

1964,

4 %%'

$1,000,000

Nov.

series

debentures,

senior

(July).

Fidelity Telephone Co., 4%%

due

B,

$100,000

1979,

due

Hundred

Fischer

Walnut Street Corp.,

1969,

$1,575,000

Porter

&

$250,000

stock

note due' July

Inc.,

$100),

cumulative preferred

62,500 shares of 4(4%

$100), $6,250,000

(par

Dairies,

(par

shares

50,000

$5,000,000

(February).
of

Corp.,

500,000

3.7%

preferred

cumulative

4(4%

(November),

20-year

promissory

^

;

Fort Smith Gas Corp., 4(4 V first mortgage bonds,
Froedtert

1963-1967,

1,

$2,300,000 (March).

due

note

1974,

1,

Oct.

Iowa

Frontier

Refining Co.,
$2,500,000 (June).

4%

first

due

bonds

mortgage

1,

June

1969,

Growers

R,

Express

$1,710,000

Gas-Oil
due

Dealers,

Maich

Co.,

3%

equipment

'

Inc.,

1,

first

1959,

note
(March).

dated

mortgage

American

cates,

series

$2,300,000

$12,500,000
General

Transportation

53,

to

1,

March

Eronze

General

and

1954

including

trust certifi¬
April 1, 1974,

Transportation

due

Corp., 4% equipment trust certifi¬
quarterly instalments
to
and
including

3%%

Corp.,

promissory

notes

due

Dec.

1,

4:j'4%

Mills, Inc., 3Va%
(May).
Motors

April

fund

notes

■:

due

due

notes

Wov.

1,

junior subordinated notes due

2%%

five-year debentures due June

.

1969,

Equipment

$15,000,000

Corp.,

4% %

June

Telephone Co.
1,

Georgia

1984,

Wisconsin,

k Light
(August),

Co.,

1974,

secured

note.

$3,700,000
Great

Oil

$4,000,000
Great

Great

(March

Northern

first

(par $1),

mortgage

first

Co.

and

mortgage

C.

G.

July

4%

4%,

Co.,

4%

Corp.,

$1,243,000

434%

series

series

Society, Inc.,

37/a%

vember

Hackensack

Corp.,

due

due

1984,

Feb.

March

Co.,

Gas

n

1,

1,

1964,

Inc.,

cumulative

preferred

promissory

notes

due

due

Sept.

30,

notes

1964,

12-year

4%

$3,500,000

$2,000,000

5(4%

due

sinking fund

debentures

to

due

(par

May

Penn

due

Dec.

Ohio

15,

Ohio

Ohio

10 cents).

Oklahoma

Valley

4%%

first

5%

subordinated
112,500

mortgage

(par

bonds

due

1979,

McLouth

first

3V2%

bonds

mortgage

and collateral true*

Corp., 3%% first mortgage
$54,000,000 (June).

33/«%

Electric

&

note

Co.,

3.40%

of

due

serially from

Sept.

1,

1969

stock),

common

due

June

Gas

65,000

Co.,

3.7%-

Co.,

4.44%

of

shares

cumulative

(March).

$6,500,000

(par $100),

of

of

America,

bonds

mortgage

first

due

1,

notes due 2054 (con¬
vertible under certain conditions into shorter maturities), $126,000,006

1959

1966,

Chemical

33/4%

100-year

Corp.

(November).

cumulative preferred

Orange County Telephone Co., 2,500 shares of 5%
stock. $250,000 (December).

(with

$750,000

first mortgage bonds, series D, du»

Orange County Telephone Co., 3%%

$1,500,000

debentures

due

promissory

first

due

1961-1979,

Oster

$350,000

(John)

(December).

sinking fund debentures

Manufacturing Co.

Dec.

O'Sullivan

Rubber Corp.

Inclusive,

bonds due

(July).

000

due

Feb.

$300,006

Glass

15-year promissory note, $3,700,000

(March).

sinking fund notes due

Co., 3V4%

1959,

Owners

1,

1964,

Owners

Discount

1969,

$600,000

1969,

$300,000

serial sinking fund debentures

due Oct.

4%%

Corp.

note

1984, $40,000,-

'

/

(April).

1,

bonds

due

Feb.

(February).

Discount

promissory

53A%

Corp.

due
due

notes

subordinated

(September).

Corp., $540,000 shares
(par $50), $27,000,000 (June).

promissory

notes

due

Oct.

1,

1974,

Metrogas,

(December).

class

A

preferred

of

5(4%

cumulative

preferred

Oxford

I,

sinking fund debentures due May 1,

4%

Co. 20-year

Paper

(September).

1972, $3,000,000

Oxford Paper Co.

sinking fund debentures due 1958-1972, $3,000,000

4%

(November).

Inc. 6% first mortgage serial convertible
1973, $250,000 (November).

B

notes

Michigan

:

,

bonds,

Gas

due

series A,

July

A

notes

due

Jan.

Utilities

stock, series A
due

June

1,

MidSouth

■

15,

i975,

bonds

15,

1974,

Gas

Co.

note

due

Oct.

Mid-States

due

4(4%

1969

$4

of

5%
cumulative
$1,000,000 (October).

(par $100),

Co.,

shares

first

mortgage

bonds

due

June

1,

Pacific Gamble Robinson Co. 3%%

May 1,

promissory note due 1969, $5,000,000

1972,

Shoe

Co.

334%

promissory

notes

due

1960,

$1,400 000

GO-cent

cumulative

convertible

H> cents), $297,500 (No-

mortgage

bonds

June

due

1984,

Telephone Co., 5%
1979, $100,000 (May).

bonds

summary

Oct.

due

(June).
June

mortgage

due

note

June

1,

1964,

3(4%

note

due

June

1,

1969,

of

all

PRIVATE

first

mortgage

bonds,

series

C.

due

Pioneer

promissory

private

notes

due

filst m°rtga.ge bonds, scries

C,

due

Feb.

of

CORPORATE

issues

Sept.

1

due

1969

b°"dS' SeHeS

dUe

Percent of total volume

1951—Number

of

of

of

Basfoant™oaPM™uCu0ne1100'000 S"areS °f 5'3% Preterred stock ,par
HeSgISt)C°'< InC" Serial noteS due 1956"1964, inclusive, $500,000

Percent of

4,4'' promlssory

Bt'ndsn dufm.tyi, "966, SsVoo
Vy)?' m°rt6aee s,nk'"g fund

43.1

1960-

bonds,

series

D,

du*

of

issues

390

45.8

41.1

44.5

243

volume

Publix

437

80

39.2

65

note

due

first

due

Dec.

bonds

mortgage

promissory notes due Aug.

Service

1973,

(August).
4%

first mortgage bonds due June

Co.

Co.,

33/a%

Electric

Inc.,

5%%

first

mortgage

subordinated

$600,000

warrants),

of

Co.

1984,

Service

1.

1,

1955-1969.

1,

1,

1974,

due

bonds

income

1984,

due

notes

promissory serial notes due Sept.

5%

of

1984.

1,

1958,

•

New

$1,500,000

Co.

Nov.

(January).

five-year notes, $300,000 (September).

(January).

1,

1974*

June 30.

(November).

Mexico,

35/a%

first

mortgage

bonds

due

bonds,

due

(April).

New

$1,500,000

165

Mexico,

3%%

first

mortgage

(December).

182

fund

mortgage

bonds

due

1965,

Markets, Inc.,

promissory

notes,

due

Dec.

1,

1969.

$1,-

Power

& Light

Co.

3%%

first mortgage bonds due

1984,

(September).

Inc.,

3%%

promissory

note

due

Dec.

1,

1974.

$20,000,000

(December).

25.2

117

sinking

(December).

$25,000,000

Raycnier,

4%

(June).

Super

Puget Sound

245

35.5

Co.,

Paper

34.0

$450,826,055 $1,221,719,324 $1,672,545,379
14.0

4%%

of Canada, Inc.,

600,000

$758,691,200 $1,388,893,599 $2,147,584,799
27.3

due

debentures

(April).

$2,815,000

42.7

194

,

& Coke

(with

Publishers'

461

Red
-

Owl Stores,

cumulative convertible preferred stock, series A (par $100), $2,500,000 (November).
Inc. 25,000 shares of 43i%

$722,001,687 $1,283,561,687

21.4

17.6

20.8

60

80

$499,148,114

$869,990,739

36.4

23.1

27.4

Refined

Syrups

&

Sugars,

Inc.

4(4%

sinking

fund

notes

due

Sept, I,

140

$370,842,625

Volume

April

39.5

221

$561,560,000

Percent of total volume

1944—Number of shares

Public

fund

promissory

4%

$975,296,545 $2,209,625,914

240

Issues

Percent of total

177

April

41.0

$1,396,705,750 $1,400,982,395 $2,797,688,145

Percent of total voiume
of

55.8

sinking

Inc.,

Co.,

Co., Inc. 434%

Canada,

$500,000
Public

sinking fund subordinated debentures

(December).

3%%

(June).

Co.,

General

1963

Progas

527

35.6

issues

total volume

1,

series A,

.

(January).

K.)

of

(March).

10-year

Co.,

Progas of Canada, Inc. 5%

40.4

299

213

Volume

1945—Number

494

29.8

Volume

n°'« due June 1, 1969,

1,

(June).

$12,000,000

Progas

37.2

231

Gas

Steel

(H.

Portland

$1,004,814,054 $1,405,995,457 $2,410,809,511

Volume

(

42.3

Co., 6%

$5,000,000

$1,000,000

492

228

Percent of total volume

first preferred stock (con¬

Oct.

fund debentures,

sinking

secured

1964. $600,000

Metallurgical

Portland Gas

33.5

257

37.9

1947—Number of issues

1946—Number

34.9

$1,234,329,369
of

408

$1,350,458,924 $1,425,070,204 $2,775,529,128

issues

Volume

$100), $3,800,0^)0 (October).

mortgage

first

$500,000

inclusive, $13,000,000

36.1

205

263

issues

Volume

40.9

15,

$5,000,000
Porter

1962,

Natural

Pittsburgh

Total Year

31.9

Issues

Percent of total volume

1948—Number

38,000 shares of 43/4 %

Nov.

1974,

■

Last 6 Mos.

235

Volume

>. due

s'<"*

debentures due

(October).

5%%

Co.,

1,

$13,500,000

$1,364,093,437 $1,853,581,851 $3,217,675,288

Percent of total volume

cumu,atlva

is

32.6

Percent of total volume

1950—Number

«cMuiaiive —

SV,%

1944

$1,335,046,220 $1,368,489,872 $2,703,536,092

Volume

1949—:Number

01

203

issues

Volume

promissory notes due 1969. $2,750,000

HpTb.lain5,?9sfs5e50MC03;ApHl,flrSt

since

FINANCING

29.7

1953—Number of issues

Percent of total volume

H,S"cahniEU198t t6°i)M.006 3,lprilinrSt m0rtga8e

Finance

March

Pioneer

189
234
!
423
$1,107,911,413 $2,018,888,892 $3,126,800,305

Volume

1,

promi3sory notes due 1957 and 1969,

placements

1st 6 Mos.

1954—Number

1

3.20%

Co.

$5,000,000

Pioneer Finance

Volume

promissory

Telephone

1984,

1,

Pittsburgh

1,

serial

Inc., 414% first mortgage sinking fund bonds due May 1,
1969, $1,528,000 (June).

given in the following table:

$2,000 000

1, 1974, $3,000,000

first, mortgage

A

4%-4%%

Machinery Co.

Penn Dairies,

due
of

•

(September).

$1,720,000

Package

$500,000

>

Express Co. 43,000 shares of common stock (par

Intermountain

$5),

1969, inclusive, $4,250,000 (October).

Laboratories, Inc.,
$1,000,000 (December).

-

Pacific

preferred

Peninsular

(August).

$15 000 000

1.

10,000

(March).

$10,000,000

July 1,

due

1965,

first mortgage

5%

Oswego Falls Corp., 3%%
Owens-Illinois

notes

mortgage

Steel

Mercury Manufacturing Co., 434%
1934, $300,000 (May).

5%

1979,

"

(January).

(September).

America

1974,

of

trusts

1964, $1,000,000 (August).
subordinated

debentures

1,

shares

dus

-

1982,

1,

Natural

$10,000,000

promissory note, $1,000,000

Corp.

(October).

Co.,

first mortgage and collateral
1, 1982. $90,000,000 (December).'

Gas

Olin-Mathieson

(February).
Corp.

first mortgage bonds, series

(November).

Telephone
$1,500,000 (May).

Tile

Jan.

Electric Corp.,

Oklahoma

promissory note due 1974.

notes

shares

promissory

Mansfield

Tile

notes, series

314%

Co.

.

Inc., 10-year 5%
$500,000 (December).

1964.

Inc., 41/2%

Telephone

Electric

due

Valley

bonds due Jan.
stock

common

1974. $3,300,006

notes due

promissory

20-year

Industries,

1979. $1,000,000 (December).

1,

preferred stock
Co.

purchase

4(4%

Co.,

Consolidated

1984.

Corp.

Gas

Indiana Public Service

1960-1969,

1,

debenture®

4%%

Corp..

Chemical

bonds
notes

fund

sinking

convertible
(February).

5%

Corp.,

$3,500,000

Car

H, due July 1, 1984, $10,000,000

stock

(December).

Inc.

Car

1965,

first mortgage
B, due June 1, 1966. $2,000,000 (December).

(October).

(September).

Mastic

1,

American

(December).

$10,500,000

preferred

(September).

Mastic

Acceptance Corp.
Feb. 1, 1964. $600,000

American

$2,800,006

1984,

;..v.
V. .jv. ;
V
<Pa.i, 5V&%
10-year promissory
(March).

;

Dec.

cumu¬

(March).

bonds ciue

mortgage

(November).

3%%




of

Lucky Lager Brewing Co. 4% promissory notes due
to 1969, inclusive,
$3,500,000 (October).
Laminates,

1966.

1961, $650,000

(September).

1952—Number of

BO»2.C»0,0Ma(jSnf)°rP''

due

106,000 shares of
(November).

Telephone

first

4.15%

50,000 shares of

Corp.,

American

Nov.

Oct.

(January).

(par

note

due

1969,

due

note

serial notes, series B. due quarterly
from Feb. 15, 1959 to Nov. 15, 1968, inclusive, $7,300,000 (February).

■

subordinated

Percent of total volume

DecernbeneaPI3le C°'' Lld''

notes

Feb. 2,

promissory

4 (4%

(par $100), $5,000,000

4%

Co.,

Northern

promissory

sinking fund notes due

434%

Gas

&

Northern

V

secured

Electric

Electric

1969.

(June).

1974,

1, 1979,

Inc.,

Co.,

preferred stock

(June).

$1,350,000

$250,000

March,

first mortgage bonds due Oct.

4%%

Co.

(June).

State

York

North

due

due

12,430

first

"sTTolJooo'fjune) C°"

New

North

1969,

stock (par $1). 51,-

40,000 shares of capital

Merchandise

York

due

1,

1969. $5,-

promissory notes due Jan. 15,

Inc., 4%%

Bearing Co.,

Hampshire Finance Corp.,
$1,000,000 (February).

notes

1,

$1,000,000

1,

(October).

$1,000,000

(July).

July

1966,

Dec.

debentures due

1964,

$1,375,-

lative

due

due Dec. 31, 1962.

due

notes

4%%

4%

Corp.,

Research

sinking fund debentures

Oct.

promissory

4%

(M.) & Sons, Inc., 20-year 3%%
$25,000,000 (December).

Lunn

Service

Motor

$900,000
New

debentures

series B,

notes,

12-year

Co.

Corp.,
100,000 (December).

(May;.

1969, $1,500,000

due Dec. 31, 1962.

1969, $2,500,000 (January).

cumulative

4.30%

series A,

notes,

promissory

4%

Co.,

cumulative preferred

4.75%

of

shares
(July).

(December).

Nevada Southern Gas

shares of

1979,

due

bonds

mortgage

first

314%

6,000

(December).

National

and

.

notes

(June).

B

5(4%

120,000

4V2%

promissory

n£?vlcJson Motor Co-> flrst

HairQ^ord4iGonn ft™' V2 ^
1979, $1,200,000

(March;.

1954

10,

first mortgage bonds due Oct. 1, 1984,

1974,

6uaranteed

HeF'7toc?C^/f/fn*Tr & Marx,
$7,265,000 (November).

500,000

and col¬

mortgage

May

Corp.,

Corp.

Brewing

Linen

Newport

1,

(July).

H1ve?ib?p)teLSpH°rPn
vertible), series

first

dated

bonds, series A, due Nov.

(July).

North

Co.,

Oil

National

Co., Inc., 35/a%

Oct,

shares

3%

V

due

(July).

Corp., 5%

Gatos

1975,

1.

"

Co., 4% promisory
(December).

$10,000,000

due

note

promissory notes due 1955-1969,

due

promissory notes due

Bat^i0rl,
Inc"
1966, $l,lo0.000
5>huu,OvO

of

56,000,000

notes

(May).

Co., 3%%

notes

Service

Oil

Monterey

promissory

3(4%

(September).

Service

$32,000,000

bonds, series

Co.

(par $100), $600,000

Monterey

New

Corp.,

4%%

(June).

Gas

National

shares

promissory

and partlcipatinS stock <P»r
V/ater

(July).

1974, $30,000,000

notes

Industries, Inc.

$500,000

subordinated

35,000

Mobile

(September).

3(4%

to

5%

Market Basket 4%

(October).

Sulphur

in¬

1956-1969,

(May;.

Co.,

$50),

Miles

000,000

senior

20,000

Power

Gas

$1,150,000

subordinated

35/8%

due April 1,

& Libby, 100,000 shares
$10,000,000 (May).

Mid-Texas

434%

Mobile

,

Lowenstein

Drilling Co.,

sinking fund debentures

(May).

Haloid

Los

1,

Greyhound Corp., 434 % 20-year
promissory notes, series A, due Jan. 15
1974, $15,009,000 (January),

Gulf

Litton

due

(December).

Greenwich Gas Co., 4&% first
mortgage
1971, $200,000 (January).

Grolier

(Canada),

D,

10-year notes

Oil

Loan

stock

Co.,

Power

Greyhound Corp.,
(May).

&

*3(4 %

Corp.,

37,a%

Co.,

$4,000,000

Narragansett

(November).

series

4%%

Co.,

Co.

Service

North

$600,000

Co.,

Paper

Greyhound Corp.,

Credit

Libby, McNeill & Libby, 3%%
1979, $15,000,000 (May). .■;<

i.

$100)..

due

note

3%%

Corp.,
(November).

Libby, McNeill

Liberty

Line

Public

stock

.

(November).

(par

Co.,

Co.,
(December).

$412,-

bonds

bonds

Glasscock

due

pre¬

(October).

promissory

Luria-Cournand,

sinking fund debentures

Paper

Mountain

stock

due

(June.).

$2,000,000
Green

Co.,

Paper

Northern

$6,000,000

4%

cumulative

5.7%

shares of

$4,000,000

promissory notes due

Bryant, Inc.,

Langdell

(August).

Northern

$25),

$2,000,000

&

Pipe

Telephone Co., 3(4% first mortgage
1979. $1,250,000 (December).

1,

160,000

(par

(October).

Placid

Lane,

Lynch

$5,500,000

Pipe Lines Co., 4%
$10,000,000 (February).

Northern

notes

stock

common

3.30%

3.40%

Lakes

Great

promissory

(July).

(C. G.)—Tidelands Oil

10-year 4%%
Great

of

$1,500,000

Power

$1,500,000
Glasscock

Oct.

mortgage 30-year 4»A%
$12,000,000 (April).

(par

(Walter)

warrants

Stores Corp., 300,000 shares of
(February).

500

due

notes

(June).

(August).

Geneial

General

1984,

Machines

$9,000,000

$1,100,000

Motors Acceptance Corp.,
15,1959, $100,000,000 (June)

1,

Missouri

fund

$1,000,000 (July).

Koehring

inclusive.

promissory

Acceptance Corp., 3%%
1967, $15,000,000 (April).

Precision

1969,

Co.,

$100;,

stock

1974,

$636,000

3%

Corp.,

General

General

series H, dua

1,

sinking

Corp.,

bonds,

Securities

$8,000,000

(April).

Motors

1,

sinking

promissory notes clue May 1, 1974, $5,000,000

Acceptance

1959, $15,000,000
General

$3,-

capital notes due Oct. 1, 1969, $4,000,000

Corp., 4Vb%
subordinated
$5,000,000 (December).

General

General

1969.

'v''

1969.

mortgage bonds,

$18,000,000

Inc., 3%%

$100),

Finance

1,

first

1, 1969, $5,000,000

Lawton Oil

(July).

(October.)

Nov.

Missouri

Kansas Power <fe Light
Co., 3'/«%

(December).

Finance Corp.,

General

1969,

(Maich).

cates, series 53,
due
in
April 1, 1974, $12,343,750
000.000

1,

Kansas-Nebraska Natural

(April).

American

General

equipment

and

to

due March 1.

Oct.

fund

-

•

4%

Corp.,

quarterly

mature

mortgage bonds

due

sinking

Johnston Testers, Inc., 43/4 %
.promissory uotees, $1,200,000 (March).

Lake
General

first

notes

4(4%

Harvester

(par

Jantzen,

series

certificates,

trust

(Alarch).

Mississippi Valley Gas Co.. 4%%
1974, $1,500,000 (March).

consolidated

Electric Light

Kidde

Fruit

1969,

1982,

James Mfg. Co., 3%
000 (October).

$3,-

(August).

1,

promissory notes due 1974, $15,000,000

Securities

preferred

C

series

Foremost

Stock

promissory

July

Business

trust

Interstate

(April).

4%%

Co,,

first mortgage

Phila., Pa., 4%%

due

(October).

RR.,

1,

1974,

Interstate

<Jury».

Florida Power k Light Co.,

stock,

1,

due May

due

note

2052, $35,000,000

lateral

,

first mortgage bonds

promissory

Interprovincial Pipe Line Co.

..

(August).

note

1,

4%%

Corp.,

Paper

June

International

(March).

Felix, Brunschwig & Co.. Inc., 10-year notes, $500,000

Fifteen

due

Aug.

Minnesota

334%

Inc., 4%

International

Federated Publications,

June

D,

Nov. 1, 1978.

due

1968,

C

$1,000,000

Hunt Foods,

due

note

1,

$9,000,000 (August).

Paper

Illinois Central

due

notes

serially June

due

bonds

Dec.

Inc.,

series

&

mortgage

promissory

first

4(4%:

due

(November).

Pulp

Co.,

(December).

note

Corp.,

stock,

Gas

$4,000,000

promissory

Co.,

Pulp &

Hudson

Minneapolis

4%%

Ltd.,
(October).

clusive,

Co., 4 '.«% promissory notes
inclusive, $2,000,000 (July).

1968,

to

29,

to Sept.

1957

Manufacturing

1956

Hudson

1,

Dec.

Inc.,

Group,

Stores

ferred

4% promissory
(September).

$8,000,000

Farmer

1,

due, July

series A,

bonds,

mortgage

bonds due

mortgage

(August).

$3,500,000

iirst

first

(August).

Gas

Howard

(November).

Corp.,

Brewing

Honolulu

(June).

Group,

Finance

$750,000

1,

due July

series A,

bonds,

mortgage

first

4»4%

1983, $27,000,000
Falstaff

Home

$1,700,000

41,/4%

Co..

1983, $20,000,000
Erie

,

(June).

Radio & Phonograph Corp., 4V*
19C9, $7,500,000 (June).

Erie

Finance

$1,000,000

197

promissory notes due

1%

Co.,

Manufacturing

Emerson

1,

Home

(September).

Emerson

(R. M.)
Corp., 5(4%
$1,500,000 (December;.

1969.

1964, $1,000,-

notes due

promissory

1955

Monday, May 30,

...

1969, $1,500,000
Refined

sinking

Syrups

fund

(October).

&

Inc.,
7,500 shares of 53A%
cumulativ©
stock (par $100), $750,ODQ. (October).

Sugars.

preferred

Number 5433

Volume 181

promissory note due Oct.

3(4%

Natural Gas Co.,
(October).

1, 1964,

(December).

-$10,000,000

1,

Co.,

Mining

Reserve

$25,000,000

Manufacturing

Kbeem

Oil

Richfield

fund

sinking

Texas

Texas

due Nov.

C,
Rock

■'*

ferred stock

$100), $4,000,000 (August).

(par

due

:

Cable

Rome
*

Rosenthal

(November).

:

Sacden

6t.

Bt.
I

-

Co.,

1,

&

(Ed.)

Sea-Pak

April

due

,

series

.

.

-

1,

Finance

Seaboard

;

1969.

1,

1969,

$4,-

subordinated

notes

due

;

Clock

St.

3%%

Louis,

March

due

inclusive,

1956-1963,

1,

(April).

$500,000

Shenandoah

Gas

first

4(6%

Co.,

bonds

mortgage

June

1,

1969,

due

Ultrasonic

Nov.

from

,

South

1964,

15,

bonds

first mortgage

37/8%

Co.,

Union

Carbide

Nov.

Generating

Carolina

Generating
Natural

Carolina
due

bonds

bonds

mortgage

due

Oct.

Union

bonds

due Oct.

mortgage

pipe

first mortgage

4%

Gas

1,

37/e%

Co.,

first

line

$4,000,000 (July).

1S73,

3(4%

Co.,

Gas

Jersey

promissory

notes

July

due

1974,

1,

(July).

$1,250,000

bonds

in

the

first

pipe line

United

States

Calendar Years

New Capital

(June).

$38,485,000
18,000,000

356,440,985

;

1951

39,821,500

145,937,740

1948

$4,000,000

$7,300,000

1979,

1,

Nevada

94,000,000

477,200,000

149,004,997

1946

87,978,500

.,8,741,000

188,051,500
98,549,100

;_L'.

1944

9,174,872

;

.

21,000.000

,

stock

preferred

first mortgage bonds due April

1,

first mortgage

3.35%

bonds

Oct.

due

4,000,000

debentures due Oct.

convertible

1963,

1,

&

Carbon

/

1938

25,062,500

40,000,000

3,250,000

219,000,000

23,000,000

156,500,000

United

first mortgage bonds due 1984,

3%%

Inc.

first mortgage bonds due 1984,

debentures,

3%

30-year

Co.

133,332
26,015,000

40,000,000

1931

253,722,000
1,009,213,390
757,837,569

14,500,000
126,566,000
22,032,717
257,652,913
163,564,500
204,693,300
221,147,000
248,225,445
79,941,679
125,265,000
50,000,000
138,998,000
263,429,000

C,

series

1,

1974,

1,

1984,

due Aug.

Oct.

due

debentures

(Inc.),

promissory

notes

due

March

10,

(Inc.),

Publishers

&

promissory notes

due

March

:

1,319,167,987
1,561,119,925

1,145,099,740
1,086,160,500

1926
1925

996,570,320

1923

280,274,600

;

634,511,034

1

1921_

527,517,000

383,450.887

1919

342,130,300

Publishers

clusive,

foreign issues have been of
1930, in¬
volume of financing was
United States by foreign municipal

in

undertaken
and

to 2.65%

1.30%

Jan.

due

sinking

of

cumulative preferred

Upper Peninsula Power Co., 7,000 shares of 5(4 %
stock (par $100), $700,000 (June).
4%%

fund debentures due Oct. 1, 1969
purchase warrants), $6,000,000 (October).

15-year sinking

stock

transferable

serial debentures due Oct.

Ventures Ltd. 4(4%

the

In those seven years, an aggre¬
$9,119,501,306 such issues were floated, while
from 1919 to date, the grand total has been $15,938,304,622.
corporate entities.
of

Summary of Special Offerings
we present a
summary of
compiled by the New York Stock
1954. Although these for the most
part are included in our compilation of "Issues not rep¬
resenting new financing" in the months in which they
occurred we present them here for whatever interest

the

In

following

"special offerings"

(July).

Pennsylvania, 3%% first mortgage
1, 1984, $1,000,000 (February).

Co.

bonds

serial debentures due Aug. 1,

important

really

a

(February).

Telephone

Exchange for the

they

have for our readers.

may

$1,500,000

1, 1955-1957,

tables

as

year

SUMMARY

OFFERINGS

SPECIAL

OF

i

Natural

first

mortgage

series

bonds,

debentures

due

April

due

quarterly from Nov.

Service
Co.,
(February).

$12,0G0.000

1984,

Spartan

1962 to Aug. 1969,

Public

Southwestern

promissory

3.65%

second

notes,

$26,000,000

first

(July).

bonds

mortgage

due

ferred

Aircraft Co., 15-year collateral
September).

trust notes due Aug.

1,

l'

48,100

Sprague Electric Co.,
$3,607,500 (June).

iUu

mtiV.

1969,

$93,892
-

Square
1964.

City

stock

(par

first

mortgage

bonds,

Inc.,

Co.,

$2.50),

10-year

promissory note

D,

series

(par

Btatler

due Dec.

1,

debentures due

Sept.

1979,

1,

(Des Moines, la.)

Delaware

Delaware

Delaware

bonds due Oct.
Statler

Hotels

1,

4%%

(August).

subordinated note due

first

Corp.,

mortgage

4%

notes,

1967,

$6,000,000

Corp.,

150,000

shares of

common

stock

(par

due

(par $1),

Corp.,

4 (4 %

general

mortgage

sinking

fund

Delaware

Corp.,

first

note

$11,942,242
fund bonds

ti

$4,700,000

mortgage

3%%

Mines, Ltd.,

Fuller

Co.,

4%

promissory

notes

due

to

Sept.

1,

1970,

1955,

1969,

serial notes due June 1,

Corp., 4%

promissory notes due 1974,

$25,000,000

(October).
Suburban

Gas

$1,000,000
Suburban

1,

Suburban
vertible
Suburban

1,

Service,

1S69,

Inc.,

4%%

sinking

fund

notes

due

1969,

(July).

Prcpane Gas Corp.,

1S6S, $2,750,000

.

$600,000

4(4 %

cumulative

due

1974,

July

first

mortgage

bonds

due

first mortgage bonds due 1975,

$40,000,000

$1,500,000

4%%

sinking fund debentures due Jan.

(January).

Gas

Co.,
(June).




4(4%
&

sinking fund

debentures

due

June

110,279

21

7-15

American

Optical

Co.

American

Optical

Co.

Electric

10-14

Emerson

9

Electric

12-

2

Federated

3

Caterpillar

Auto-Lite

Mfg.

pfd

__

-

367/a

368,750

10,000

.

38

380,000

4,600

16%

77,050

62,426

36%

2,294,155

Co

Co.

...

Department Stores,

Tractor

57

5,000

Inc.

75%

11,000

Co.

285,000

827,750

$6,221,759

Financing

occasion that owners of large blocks of
securities which have been outstanding for some time,
It

happens

on

desiring to liquidate all or part of their holdings, prefer
to do so by making a public offering of the securities

Co.,

4%

first

bonds,

mortgage

series D,

due

Corp.,

1969.

Corp.,

4(4%

$700,000

4(4%

first

15-year unsecured
(December).

mortgage loan,

sinking

$194,000

fund

(January).

(December),

mortgage
due March

bonds
30,

due
1969,

(May).

Likewise

have

icy put into effect by the Treasury at that time provides
for the monetary needs of these agencies to be taken
of by direct

of by the sale of

United States Treasury issues, instead
their own guaranteed obligations.
during 1954 by entities

grouped under this classification aggregated $1,720,665,000 as compared with $1,461,665,000 in 1953, $2,146,360,430 in

1952, $2,066,205,000 in 1951, $1,385,715,000 in 1950,
$1,176,710,500 in 1949, $1,062,220,000 in 1948, $661,215,000
in 1947 and $861,150,000 in 1946.
Foreign Issues Placed in the United

States

on

their

account, and present the results

own

in the table below:

Financing in this classification consisted of obligations
the Fed¬

cies, which in the past decade reached huge proportions,
disappeared altogether since October, 1941, as a new pol¬

public utility holding companies com¬

proceeds of the sales. Such offerings as these have no
place in our compilation of new issues, but we have
tabulated them separately for whatever interest they

ISSUES

of the Federal Intermediate Credit Banks and

Financing by government agen¬

some

plying with the Utility Holding Company Act dispose
of their holdings of subsidiary companies through public
offerings. Similarly "special offerings" on the several
stock exchanges are included with the secondary offer¬
ings in our totals since 1942. Of course the companies
whose securities are involved receive no part of the

may

NOT

1954

January
February—

28,040,319
44,221,570

March

57,632,872

April
May

49,421,987
13,974,501

June

20,296,000

Tot. 6MOS. 213,587,249

113,313,138
August
31,661,800
September..
32,093,783

July

October

—

November..

December
Tot. 6

__

mos.

REPRESENTING
1953

$

$

44,787,337

1951
$

$

corporate, placed in this country aggregated $439,-

1950
$

24,437,189
20,944,488

26,262,180
36,275,734

21,927,272
24,674,494

25,010,104
24,442,067

22,832,155

64.074,568
48,971,104
10,373,126
25,654,929

22,818,254

65,612,548

32,288,324

44,216,600
55,433,608
51,670,355

32,565,113
28,562,947
24,733,582

28,869,867
21,346,188

154,075,474 211,611,641 151,924,399 266,385,282
22,525,315
27,671,152
11,033,127
4,845,208

114.027,680

24,363,851

63,117,995

17,281,634

399,001,733

NEW FINANCING

1952

29,082,761
25,577,858
13,435,865

24,020,057
24,688.344
19,195,618

9,783,161
6,662,745
26,783,641

66,580,085
21,413,265
35,549,839

21,944,601
36,607,693
24,790,489

39,098,263
16,740,493

107,720,287 191,639,673

Tot.cal.yr. 612,588,982 261,795,761

34,116,548

151,246.802 133,184,851

403,251,314 303,171,201 399,570,133

During 1954 foreign security issues, both government
and

58,800

10,000

involved.

Gas

(April).

1,

13

2,800

_

$502,500

pre¬

$500,000

(June).

Cable

197,175

8,483

Co.;

Issues Not Representing New

Wyoming-Nebraska Pipe Line Co., 4%% first
June 1, 1969, $3,187,500 (June).
Zonite Products Corp., 4(4%
promissory notes

Prcpane Gas Corp, 26,800 shares of 5.2% cumulative con¬
preferred stock, 1954 series (par $50), $1,340,000 (January).

Prcpane

$1.28

bonds

The total volume brought out

'September).

Studebaker-Packard

of

444,050

59%

168,309

1972,

care

(June).

Stokeley-Van Camp, Inc., 3%-3(4%
$13,500,000

shares

mortgage

41%

3,300

_

Prod.

Metal

American

(May).

first

eral Home Loan Banks.

1979, $49,500,000 (October).

4(4% first mortgage sinking
Dec. 1, 1967, $17,000,000 (April)

Stix-Baer

100,000

4%

10,700

(March),

$1,250,000

Farm Loan and Government Agencies

(October).
Steep Rock Iron

refunding mortgage bonds

loan,

Hydro Electric Co., 3%% first mortgage bonds due March
$300,000 (May).
Woolworth (F. W.) Co., 3.1% promissory notes due 1960-1975, inclusive,
1,

'October).

Hotels

1965-1967,

due

Wisconsin

Statler Hotels Delaware Corp., 650,000 shares of common stock

$4,173,000

Co.,

Precipitation
due

Co.

8

7-

12-

25-year

mortgage

$2,500,000

Co.,

(par $25),

Kentucky

Whitaker

$1), $963,000 (October).

Statler

Telephone

Gas

$1,250,000

Western

($25,-

(September).

Hotels

notes

(January).

first

Carolina Telephone Co.,

Western

$10),

(November).
.

Wtestern

notes

3%

promissory notes, $2,500,000

Packaging Corp..

Hotels

3%%

Co.,

Bldg.,

Virginia Water Service Co.,
3(4%
1957. $500,000 (December),

West

(December).

(Indiana),
(September).

$1,500,000

promissory

676,250

__—

_

Batteries, Inc..
McQuay-Norris Mfg. Co

11-

1978, $7,000,000

stock

$1,000,000

7,684 shares of common stock

Co.

State Finance Co.

Btatler

common

1970,

Markets

Oil

000,000

...

3(4%

Co.,

Water Co.,

$750,000

Standard

Standard

of

(May).

Deal

1969, $2,-

due Dec. 1,

(February),

1&84- $1,000,000 (May).

due May
Springfield

notes

March 1,

Water

City

Springfield

shares

3(4 %

Corp.

Light

Gas
1,

^Terminal

Ohio

West

$20,000,000

*•>:!*(

promissory

(October).

Coast

West

due •„ 1974,

67%

Gould-Natl.

(January).

Dec.

Waverly

Yale & Townc Mfg.

5-13

$16%

10,000

—

Corp.

Value

30,000

_

Corp.

9-23

4(4%

Co.,

Petroleum

series,

Johns-Manville

1,

6-29

Swasey

Washington
3(4%

Inc.,

Co.,

3-23
4-23

debentures

fund

sinking

6%

1,

(April).

Production

Co.,

Burroughs

1964,

May

(May).

&

Warren

3%

Co.,

Gas

B,

(October).
Telephone

5(4% sinking fund notes due
warrants), $1,000,000 (May).

1979,
000.000

4(4%

Co.,

Corp.,

purchase

stock

Volunteer

Market
Price

Offered

Issue—

Date

1-21

Products

Victor

$1,500,000

promissory notes due Oct. 1, 1£66,

Allsteel Press Co.,

Verson

Warner

Power

$15,000,000

1987,

1954

IN

Shares

$50,000,000

due

268,222,000
1,135,779,390
""" 779,870,286
1,576,820,900
1,724,684,425
1,349,793,040
1,307,307,500
1,244,795,765
360,216,279
759,776,034
577,517,000
522,448,887
605,559,300

only modest size but in the period of 1924 to

10,

(February).
&

1955-1964, inclusive, $75,000,000

Ventures Ltd.

61,733,332
66,015,000

61,600,000

1932

gate

United States Steel Corp.

United

.

(October).

$925,000

61,200,000'

1933

In the past 20 years or so

(August).

Printers

65,062,500
222,250,000
179,500,000
116.000,000-

61,200.000

1935

1920

V.:"'.'

Lines,

Printers

United

(subordinated)

March 1, 1958 to 1963, $600,000 (September).

Illuminating

United

series D

"

116,000,000

1937_

1922

debentures,

serial

due

notes

promissory

100-year

(October)-.

4%%

Co.

3%%

Corp.

147^00,000

59,250"000

1927_

Income

4,000,000

87,"75o"o00

...

1939—IIIIIIII—I—

1929

1,

June

(May).

$400,000

sinking fund debentures due

4%%

Co.,

England

New

Southern

80,353,500
110,250,000
V
421,875;

421,875

1928

(June).

Air

United

(with
Co.,

(October).

$1,600,000

1984,

Southern

$439,279,347
378,018,821
371,133,985
363,462,094
296,137,740
184,275,000
477,200,000:.
236,983,497 r
196,792,500
107,723,972 -

59,353,500
108,000,000

2,250,000

J942__—,

1930

due

notes

fund

Light, Heat & Power Co., 3 (4 %

(April)

Co., 3(4%

Power

Nevada

Southern
due

4.70%

(October).

$600,000

.

of

(May).

Water

$2,000,000

1984,

Southern

shares

(May).

California

Southern

40,000

Co.,

Pittsburgh Water

South

,

150,200,000-

90,275,000

1964,

sinking

STATES'
Total

*

14,693,000

.,

323,640,594

.

1949

serial mortgage notes due serially to

(July).

5%

than;

•

Water

Pittsburgh

(par $100),

■>

more

Refunding

360,018,821

(October).
South

in

$400,794,347

*'

1953—'—________

1934

promissory notes due
;•.'•••

4(4%

opera¬

public offering

GRAND SUMMARY OF FOREIGN ISSUES PLACED IN UNITED

1936

mortgage

3%% first
(December).

Corp.,

Light, Heat & Power Co., 3(4 %

Union

(with
South

6%

Investment

fund

Co.,

(December).

$1,800,000

South

first

4%

Co.,

(June).

$1,200,000

Carolina

1981.

$2,500,000

1970, $2,575,000

1964, $250,-

promissory notes due

Co., 4%

Generating

Forging

fund

sinking

mortgage
(December).

$169,446,000

Steel

1, 2051, $100,000,000

1960,

Oct.

due

(February).

$1,250,000

1981,

South

of

refunding

while both issues represent the first public
offering which any European Government has made to
attain new money in the United States since the Nether¬
lands and Norwegian issues in April and May of 1947.

1924

$9,000,000

serially

promissory notes due
inclusive, $700,000 (August).

4%-47/8%

1965,

to

due Sept.

promissory note

(February).

South

for

the

the

new

years,

1941

■

,

equipment

3%%

Line Corp.,

Pipe

1975

$14,000,000

1974,

(June).

$20,000,000

Co.,

Generating

Carolina

000

1.

1954

1,

Carolina

1S79,

1,

South

Tool

Oil

C.)

due April
Inc.,

Gas

Corp.,

1975,

1,

Nov.

subordinated notes due to Sept. 1, 1966,

4(4%

Lean Co., Inc.,
$2,000,000 (September).

Signature

(H.

30,

June

due

4% first mortgage and collateral
1, 1972, $6,000,000 (March).
-

1969. $15,000,000

Tropical Gas Co.,! Inc.
$1,000,000 (July).

$500,000

Smith

due

E,

Co.,

Triangle Pipeline Co. 3.64%-4.14%

Union

Signature Lean Co., Inc., 5%
$800,000 (September).

1,

Williams

&

$1,000,000

(November).

$500,000

Dec.

due serially

notes

serial

Co.,

series C,
Airlines,

due

Transue

•

(July).

$1,800,000

1964,
Sessions

A,

1968, $3,-

1,

notes due Feb.

promissory

of

Co.

Investment

bonds,
World

due

bonds

mortgage

Line

Pipe

bonds due June 1,

series

first

•

Oil

Transcontinental

1, 1974.
'

1,

due

(April).

000.000

Belgian

emission is

1943

3%%

Co.,

Mountain

$1,000,000

3%%

Co.,

Finance

Securities

due

D,

Dec.

notes

subordinated

3.90%

Co.,

Trans

(December).

$3,200,000

.

of

former

1945

debentures

convertible

4(4%

Co.

July 1, 1964, $6,000,000

promissory notes due Dec.
'
V *

3%%

Co.,

(February).

000,000

Seaboard

The

1947

(April).

Trans

.

.

debentures,

subordinated convertible
1964, $100,000 (March). ~ ;

Finance

Seaboard

Telephone

Edison

trust

promissory notes due to Dec.

4%

■V;

.*

.

mortgage bonds,

first
(July),

Inc.,

Co.,

.

5 (6 %

Corp.,

Toledo

due

sinking fund debentures

t $2,500,000 (December).

/

April

due

notes

bonds, series

Co.,

1974, $250,000 (August).

bonds

3.35%

$1,500,000

1084,

Schuster

promissory

4(6%

15-year

(May).

3%% first mortgage
30, 1982, $600,000 (June).
'

7 Tidewater

tions.

Australia

of

1950.——;___

Inc.,

Markets,

Telephone

Commonwealth

1952

1969, $1,500,000

-J

1969, $1,000,000

June

sinking fund debentures due July

25-year 3%%
(July).

Works,

Water

Jose

May

1,

secured notes due 1969. $3,000,000 (December).

1979, $73,000,000

Ban

Nov.

".

Light & Power Co., 3 (6 %
$2,000,000 (October).

Regis Paper

1,

notes due

1979,

1,

1,

Tidewater

the

aside from
$30,000,capital pur¬
$25,000,000 of

1954
was

.

4%%

Corp.,

Joseph

Aug.

.

Thorofare

1959-1969,

promissory notes due Nov. 1, 1974, $7,500,000
'■
;
; •
•

Royal McBee Corp., 3(6%
■

subordinated

5%%

(November).

$500,000

1966,

;

Inc.,

'

promissory notes due

4%

Inc.,

Thrifty Drug Stores,
(February). ■ /-v'-

One

offering of Belgian bonds tor
poses and
the other in the amount

1954

serial notes due annually to May 1, 1964,

(July).

$640,000
■1

during

issues.

Government

(INCLUDING CANADA. ITS PROVINCES AND MUNICIPALITIES)

subordinated debentures, series A, due May

6%

5(4 %

■

serial notes due annually Aug. 1,
(August).

Rosenthal,

&

cumulative pre¬

notes

fund

sinking

(July).

1, 1964, $500,000

■-

3.90%

Corp.,

inclusive, $3,000,000

$1,500,000

$1,450,000

'

'

bonds, series C, due April

Co., Inc., 4%%
(February).

Manufacturing

1973,

1,

^Thrift Investment Corp.

sinking fund debentures

Light & Power Co., 20-year 3(6%
July 1, 1974, $70,000,000 (August).

Rockland

Dec.

Thrift Investment Corp.
i

Light & Power Co., 40,000 shares of 4.75%

Rockland

due

due July

series A,

first mortgage bonds,

$500,000
Glass

Thatcher

1,

(August).

1984, $2,500,000

1,

3%%

Co.,

Electric

Rockland

series A, due to May
..
. .

debentures,

first mortgage

notes,

promissory

;

first mortgage

3%%
(July).

flotations

two

were

Canadian

25

4.20%

Corp.,

(March).

Co.,

Transportation

Telephone Co.,

1979,

1,

(November).

subordinated
(July).

Co.,

$300;000

notes

(August).

1989, $7,500,000

1,

Finance

"1964,

sinking fund

3'%%

35-year

Corp.,

T'elechone

Natural

due Jan.

first mortgage bonds, series

4.10%

(January).

$9,000,000

I960,

1,

Transmission

1973, $24,000,000

bonds due

pipeline

Co.,

Controls

Robertsbaw-Fulton

serially

due

A,

promissory notes due Oct. 1, 1969, $5,000,000

Penn-Jersey

Eastern

Texas

due June

debentures

(March).

1

Rochester

5(4%
capital notes, series
inclusive, $2,500,000 (April).

4%%

Inc.,

$196,792,500 in 1946.

000

(October).

3.85%

30-year

Co.,

1, 1983, $16,000,000

u

Inc.,

1957-1966,

1,

1947 and

cumulative preferred

15,000 shares of 6% %
$1,500,000 (June).

$100),

(James),

April

Technicolor,

1955-1969,

due

notes

(May).

$2,500,000

inclusive,

promissory

3%%

Co.,

as

in

There

Corp., Inc.,

(par

Talcott

1969,

1,

.

-

(O. A.)

Stock

4%% first mortgage bonds, series A, due June 1,
(December).

Mining Co.,

1980.

Sutton

due June

series A,

4(4 % first mortgage bonds,
1980/$15,000,000 (April).

Reserve

March

due

note
:

9

compared with $378,018,821 in 1953; $371,133,1952, $363,462,094 in 1951, $296,137,740 in 1950,
$184,275,000 in 1949, $477,200,000 in 1948, $236,983,497 in

debentures series B, due 1968. $1,000,000

Inc., 4%

Super Valu Stores,

promissory

4.20%

Co.,
(March).

$5,000,000

.<(December).

Republic

279,347
985

Stromberg-Carlson

promissory notes due 1974. $20,000,000

3%%

Inc.,

Rand,

Remington

bonds due 1974,

first mortgage

Inc.r 4%%-

Systems,

<$750,000 (November).

(February).

$100), $1,100,000

Water

Suburban

preferred stock (par

Chemicals, Inc., 11,000 shares of 4%%

Reichbold

(2465)

tal Chronicle

The Commercial and Fi

.

.

(Continued on page 10)

10

(2466)

The Commercial and Financial Chronicle

(Continued from page 9)

was

Municipal Financing for 1954
For

the

calendar

the record reveals that

1954,

year

Year

borrowing by states and municipalities reached an alltime peak at

This contrasted with

$6,905,197,900.

a

substantially greater than for

any

since 1939.

year

Grand Total

Refunding

$6,905, 197,900

1954

New

$142 895,976
90 788,695

3,176 175,557

92, 266,050

3,083,909,507

3,482 167,281

111 734,261

3,370,433,020

1949

2,907, 027,866

104

_

•

1951

-

__

,

1943-

2,686, 218,617

3,963,125,027

286,318

1945-

1944; $435,223,191 in 1943, and $523,-

The volume of

470,897,167

404 000,156

435

,223,191

259 481,836

523 704,607

181 264.294

;>

434 509,900

764,723

757,151,679

1939—.

1,125 ,901,000

195 ,079,000

Service

capital, etc.
Son

930,822,000

&

Municipal Financing

for the

1954

Year

1954

year

due

Oct.

present

we

SUMMARY

MUNICIPAL

OF

FIGURES

Capital

Refunding

$

$

S

390,611,158

348,674,310

221.100,904

569,775,214

399,836,510

365,219,400

2,180,965

367,400,365

285,406,211

7,938,205

293,344,416

564,414,602

419,668,740

18,214,900

437,883,640

143,907,216

4,185,900

148,093,116

733,584,804

323.256,510

23,648,290

346,904,800

452,107,913

1,937,211

454,045,124

11,276,530

387,179,745

11,180,000

626,112,804

$

556,280,762

3,119,600

751,422,742

Total 1st 6 months—

34,490,678

785,913,420

645,228,950

1,936.400

647,165,350

825,690,750

-

'urjs

26,170,200

851,860,950

392,874,650

18,900,780

411,775,430

614,932,804

77,247,721 3,733,166,916

3,655,919,195

224,198.617

2,475,000

3,682,420

259,120,375

202,948,600

7,435,218

650,226,690

461,798,200

2,147,000

463,945,200

436,930,735

2,395,600

2nd

6

604,312,215

476,908,250

3,475,840

480,384,090

304.986,240

3,749,000

406,083,430

179,231,260

48,609,000

393,847,906

9,115,600

20.968,610 2,918,972,890

1.742,193,358

73.779.418

1,815.972.776

90,788,695 5,520,713,633

3.963.125,027

331,398,168

4,294,523,195

65,648,255 3,172,030,984

3,106,382,729

months—_

•Revised

403,937,480

772,948,115
2,898,004,280

142,895,976 6,905,197,900

6,762,301,924

5,429,924,938

Generating

Co. 4% first mortgage bonds
Purpose, for
construction
program.
through Kidder, Peabody & Co.

Gas

Transmission

for

Baxter,

Williams

&

Co.;

&

Co.,

Inc.;

&

Co.;

Blunt

Bear,

Blair

Blair

Ellis

&
&

Stearns

Co.,

&

Co.;

Incorporated;;

Simmons; Blyth &
Inc.; J. C. Bradford

Julien

Day

Collins

&

Inc.;

<si

Co.;

Dick

Co.;

&

Dillon,

Read

Couley & Co.; Courts & Co.;
Merle-Smith; R. S. Dickson &

&

Co.,
Inc.;
Dittmar
&
Co.;
& Dominick; Drexel & Co.; Francis I. duPont
Eastman, Dillon & Co.; Equitable Securities Corp.;
Estabrook & Co.; Fauset, Steele & Co.; The First Boston
Corp.;
First
of
Michigan
Corp.;
First
Southwest
Co.;
&

402.963.506

449,908,804

886,696,135

18,759,685

5(4 % sinking fund bonds due Dec..
for acquisition of properties, working
at par. Offered by Wm. P. Harper <fc

Dominick

227,840,260

780,600,515

255,437,955

mortgage

Co.

Becker

L.

Co.,

308.735,240

2,145,950
7,652,400

6,112,300

443,796,504

months

R.

439,376,335

6,849,280

867,936,450

:

Inc.;

210,383,818

14,470,200

296,405,040

first

Co., Inc.; Bosworth, Sullivan & Co.,
&c Co.; A'ex. Brown %
Sons; Bvrd Brothers; Central Re-*
public Co. (Inc.); Clark, Dodge & Co.; Coffin & Burr,

226.673,617

528,839,280

G.

William

2,478,550,419

278,934,750

___________

12

1.865,000

526,974,230

257,618,750

597,462,935

—

—

234,482,100

2,220,931,669

69,820,035 2,601,740,743

635,756,490

.gust

aptember
Tvtcber

%*otal

2,531,920,658

1,986,500
17,470,290

282,495,600

Severn ber
Jiieember

A.

375,903,215

3%%

1981.

and

Kraus;

$

4.938,750

730,465,204

Total

&

$

385,672,408

$

v;rch

j-'c.y

Total

Refunding

397,556,630

$

I ril

(

New Capital

Mexico

Corp.; Anderson & Strudwick; Aspden, Robinson & Co.;"
Auchincloss, Parker & Redpath;
Bache
&
Co.;
Bacon,
Whipple & Co.; Robert W. Baird & Co., Inc.; Ball, Burge

-1952Total

4,139,700

1,893,703
7,433,840

.

MONTHS

Refunding

Capital

397,942,807

.

Voruary

<

New

Total

393,416,939

$
luary

BY

-1953-

——1954
New

New

Co.
3(4%
first
mortgage
1975. Purpose, refunding ($92,repayment of bank loans and working
capital ($32,400,000). Price, 101.44% and accrued interest.
Underwritten by Stone & Webster Securities
Corporation;"
White, Weld & Co.; Halsey, Stuart & Co., Inc.; Adams <Ss
Peck; A. C. Allyn and Co., Inc.; American Securities

tabulation of municipal financing by months since January 1952:

a

1,

privately

600,000)

$5,520,713,633 for 1953.
Below

Price,

pipe.ine bonds due Feb. 1,

compared

as

of

Price,

Carolina

125,000,000 Tennessee

$6,905,197,900 for the

States and municipalities aggregated

refunding

Offered

Co.

*1,800,000 South
Placed

Long-term financing by

Co.

85,000 Rainier Telephone
1, 1979.
Purpose,

518,105,273

477

interest.

first mortgage

Purpose,

($2,032,000).

Mutual Life Insurance
Co.; New England Mutual
Insurance Co.; Equitable Life Insurance Co. of Iowa;
Bankers Life Co., and the Armour & Co.
pension fund.

342.440.313

952 ,615,173

1.234 ,916,402

1964.

Life

175,741,355

1941

1,

bank loans

Hancock

234,909,662

1

1940

iring 1954, as distinguished from refunding operations,

x

323, 843,500

638 909,818

1942

capital borrowed

new

794 740,667

1944

'

in 1942.

952,242.867

1943

14,607

2,228,248,825

208 253,309

Hampshire 3(4%

Nov.

bonds, due April 1, 1984. Purpose, for new construction.
Price, 100.46% of principal amount. Sold privately to John

2,604,158,259

43 849,187

1,160 496,166

__

1946

to $1,160,496,166 contrasted with $794,740,667 in 1945;

;itl» $638,909,818 in

82, 060,353

2,272 098,012

1947

New

repay

and accrued

*1,500,000 Public

2,802,741,548

-

of

due
to

Monday, May 30, 1955

.

by Kidder, Peabody
& Co.; Blyth & Co.,
Inc.; Estabrook & Co.; Hornblower & (
Weeks; W. E. Hutton & Co.; F. 8. Moseley & Co.; Schoellkopf, Hutton & Pomeroy, Inc.; Folger, Nolan-W. B. Hibbs
Sc Co.t Inc.; R. L.
Day & Co., and Townsend, Dabney &
Tyson.

5,429,924,938

331 398,168

u

19o2——

$2,686,218,617 and in 1947 were $2,272,098,012; 1946 added

102%%

$6,762,301,924

5,520, 713,633
4,294, 523,195

1953

Co.

bonds, series H,
($9,968,000) and

Capital

1950

total

$5,520,713,633 in 1953. The 1953 total represents the
second largest disposal of any calendar year on record
and compared with $4,294,523,195 in 1952.
-Sales during 1951 amounted to $3,176,175,557 and in
1950 to $3,482,167,281; 1949 to $2,907,027,866; 1948 totaled

of

up

$12,000,000 Public j&fYice

For comparative purposes, we give the following tabula¬
tion of operations for the past several years:

,

..

Co.;

Folger,
Fulton,

Nolan-W.
Reid

Sachs

&

Inc.;
&

Co.,

Inc.;

Forgan

Freeman

&

Co.;

Anderson;

&

&

Co.;

Goldman,

Gregory

Son,

&

Co.;

Hayden,

Hemphill,

Weeks;

figures.

&

Glore,
Ellis

Hallgarten & Co.; Hallowell, Sulz¬
Harriman Ripley & Co., Inc.; Ira Haupt
Stone
&
Co.;
Heller,
Bruce
&
Co.;
Noyes & Co.;
Hirsch & Co.; Hornblower Ss

&

Co.;

Hibbs

Co.;

Green,
& Co.;

Grimm

berger

B.

&

Co.;

W. E. Hutton & Co.; E. F. Hutton & Co.; The
Co.; Johnston, Lemon & Co.; Kaiser & Co.; Kidder,
&
Co.;
Ladenburg,
Thalmann
&
Co.;
Laird,
&
Meeds; W. C. Langley & Co.; Lee Higginson

Illinois

Peabody

/ In connection with the above tables, and all similar
rgures for that matter, it should be made clear that they
^present only bond issues sold by states and municipal
'axing units to private investors and do not embrace
/jans placed with any Federal agencies.
These latter
/.a included in our tabulations only when they have

Bissell

subsequently been resold by such bureaus to investment
bankers

dealers.

and

&

V

„

bonds

that

Corporation; Lehman Brothers; Carl M. Loeb, Rhoades
Co.; Irving Lundborg & Co.; Mackall & Coe; Laurence
M. Marks & Co.; Mason-Hagan, Inc.; McCormick & Co.;
Merrill Lynch, Pierce, Fenner &
Beane; Merrill, Turben
& Co.; The Milwaukee Co.; F. S.
Moseley & Co.; Mullaney,

I

Moreover, the totals exclude all
in the

reappear

in

market

of

consequence

'

% ;

portfolio sales by banks, insurance companies, et al., and

Wells & Company; New York Hanseatic
Company; Pacific Northwest Co.; Paine,

public trust funds.
Hancock

Details of New

Capital Flotations
During December, 1954

1979.

Bonds and

Notes

Later Than Five

(Issues Maturing

due

1984.

*1,000,000 Corning

V

1974.

4,800,000 Chicago,

Burlington & Quincy RR. 2%% equipment trust
certificates due semi-annually June 1, 1955 to Dec. 1, 1969,
inclusive.
Purpose, for new equipment.
Price,
to yield
from 1.25% to 2.80%, according to maturity.
Offered by
Salomon Bros. & Hutzler; Drexel & Co.; Union Securities
Corp.; and Stroud & Co., Inc.

5.7/ 00,000 Chicago,

Milwaukee,

ment

trust

1955

to

ment.

St.

1969,

1,

Price,

Paul

Pacific

&

27/s%

RR.

1979.

Collins

inclusive.

Purpose,

for

new

&

&

equip¬

Co.;

McMaster
F.

and

Hutchinson

Yantis

S.

&

2.80%,

X 18,000,000 Illinois

Auchincloss,

Offered

Parker

&

and

Co.;

E.

&

Co.;

2%%

RR.

equipment

40,

due

for

Illinois
&

Co.;

Co.,

Hutchinson

&

Co.;

and

A,

$30,000,000 New

series

YY,

27/s%

equipment

trust

•

Halsey, Stuart & Co. Inc.;
&

man

Co.;

Gregory

Illinois Co.; Wm. E.
inson & Co.

$1,350,000 Texas

&

series

P,

Pacific

R.

& Son

Pollock

to

&

S.

1979.

W.

Inc.;
&

Co.,

Offered

.

3(4%

.

program.

with

a

due
Sold
of

Dec.

mortgage bonds, series
refunding ($729,000) and
Placed privately through

15,

1988.

Co.

OTHER

Puroose.

to

advances

repay

&

Corbett

Securities

with

*750,000

Burge

&

Kraus;

Pickard,

&

Inc.;

Merle-Smith;
Loewi
Co.;

Co.;

Hutchinson

McMaster

Mullaney,

Wells &

Co.;

E.

The

Co.;

&

M.

Newton

Pacific Northwest Co.;

Walter

&

Co.;

Wertheim

Tyson;

F. S.

brothers & Co.;

Stokes

Yantis

&

Co.

Stifel,

Thomas

&

Co.;

Nicolaus

&

Co..

N.

C.

Co.;' Townsend.

White &

Co.,

Weld

&

Co.;

*36300,000 North

'

Penn

Purpose,
Dillon

&

Gas

Co.

privately

notes

through

due

($1,666,667)
033.333).

due

Stroud

&

Co.

bonds

due

Nov.

vately

Inc.

to

Telephone

I,

1979.

Price,

Co.

3(4%

first

100%

various

Purpose,

for

im

and

Sold

vately

bank

repay

through

debentures

subordinated

Blyth

by

Co.,
1

&

Co.,

and for
accrued

Irving

and

Inc.,

4

)

4%%

.

promissory notes due,
semi¬
1955-1969. Purpose, refundgeneral
corporate
purposes
($1,-

and Oct.
for

Puritas

l;

through White, Weld & Co.

Waters, Inc., 4Vi%

inclusive.

1955-1966,

promissory note

Purpose,

retire

to

1,

of

for

;-

institutional

investors

through

The

First

Corp.

1964.

Coty,

.

promissory notes due Jan. 15, 1975.
expansion and improvements.
Placed pri¬

Electric

privately
*2,000,000

bank

Co.

.

Co., 3(4%

with

Boston

*1,000,000 Cook

Co.,

Purpose,

for

through

Inc.,

sinking

10-year

general

Blunt

and

Life

corporate

Ellis

4%%

15-year
program

Metropolitan

fund

notes

due,

purposes.

Nov.

Placed

Simmons.

&

working

notes

due,

1969.

capital.

Insurance

Purpose,

for

Placed privately

Co.

*3,000,000 General Bronze Corp., 334%

promissory notes due, Dec. 1,
Purpose, to repay bank amd mortgage loans. Placed
with Penn Mutual Life Insurance Co.

privately

*2,750,000 Hawaiian

pri¬

Ohio

promissory

to

privately

Placed

Purpose,

1974

The

convertible

All sold.4

and

1,

*10,000,000 Blaw-Knox

mortgage

additions

gnd accrued interest.
insurance companies through

Placed

,

1969.

Consolidated

3y2%-4%

Purpose,

capital.

privately with Prudential Insurance
America through Blyth & Co., Inc.
'
•.

Co.

provements.

Dec.

loans.

due

*1,000.000 Ohio

Co.

inclusive.

Placed privately

"*800,000 Arrowhead &

and

Eastman

MANUFACTURING

Products

4(4%

Co.

&

expansion

promissory

20-year

&

first mortgage

1, 1969.
Purpose, refunding ($635,000)
capital r<$865,000).
Price,
100%
and

Smelting

with

Placed

Corp. 334%

,

Inc.

refunding.

Co.;

Oversubscribed.

insurance companies.

working

annually April

and Paine, Webber, Jackson & Curtis.

Ry.

for

Lundborg

Inc.;

Hallgarten & Co.; Laurence M. Marks & Co.,

30

of

1655-1266,

Corp.

Nov.

*2,700,000 Apex

&

$6,000,000 New Orleans Public Service Inc. 3 '4% first mortgage bonds
due
Dec.
1,
1984.
Purpose,
for construction
program
Price, 102.718% and accrued interest. Offered bv White

AND

interest.".Underwritten

Dabney

Inc.,

Dann

&

Witter

COAL, COPPER, ETC.

Vitrified

and

working

Patterson.

&

Dean

1980.

group

due

due

V

&

Stern

ner;

a

1,500,000 Ampex

Fauset, Steele & Co.; First of Michigan
Johnston & Co.; Hallgarten & Co.; Hirsch

&

Lerchen

Co.;

Merrill, Turben & Co.

Brothers;

Corp.; Clayton Securities Corp.; Coffin &
Collins & Co.; R. L. Day & Co.; Dick

Inc.

Gas Pipe Line

INDUSTRIAL

notes

Stearns

Bear,

Byrd

Yantis & Co.,

STEEL,

1,

American

Julien

Inc.;

Co.;

Ball,

Co.;

Burns,

Watling,
&

Securities

Common,

Manufacturing Co. 3%% promissory notea
due
annually, June 1, 1962-1982, inclusive.
Purpose, to.
repay bank loans and for working capital. Placed privately

3(4%

34-year

Co.;

Wertheim

Anthony

Tucker,
Union

Mining Co.

June

loans

Telegraph

&

Inc.;

Co.;
Co.;

Vieior,

*$15,000,000 AHis-Chalmers

(Inc.).
&

&

&

Co.;

4(4% first mortgage bonds, series A,
Purpose, for new construction.
Placed
privately with a group of life insurance companies (in¬
cluding Northwestern Mutual Life Insurance Co.) through
Smith, Barney & Co., and Glore, Forgan & Co.

group

Kendall, Inc.; Wm. E. Pollock & Co., Inc.;
Schwabacher & Co.; Shields & Co/ Singer, Deane & Scrib

by

IRON,

due

first

Purpose,

Telephone

due

Bache

Copeland

Pressprich & Co.; Free¬
Ira Haupt & Co.; The
Inc.; McMaster Hutch¬
*

Inc.

Co.,

S.

F.

*$25,000,000 Reserve

McEvcy.

bonds

Walker

Co.,

&

$485,389,000

Norfolk;

&

Douglas
mortgage

cohstructicn

&

($521,000).

Co.; J. A. Overton & Co.;

2(4% equipment trust certificates,
annually Jan. 1, -1956 to 1965, inclusive
Purpose, for new equipment. Price, to yield from 1.40%
to 2.70%,
according to maturity.
Offered by Salomon
Bros. & Hutzler; Drexel &
Co.; Union Securities Corp.;
and

1,

Republic Co.

Milwaukee

"j

certificates,

maturity.

first

for

of

Corporation

Winslow,

Kalinan

construction

Co.;

Burr,

&

according

414%

H.

&

Trask

Neuhaus
Noel

pipe line bonds due June 1, 1975.
Purpose, refunding.
Placed
privately with 18 insurance companies through
White, Weld & Co., and Stone & Webster Securities Corp»

and

Inc.;

G.

and

Spencer

Alstyne,

*169,446,000 Transcontinental

Share
Bosworth,

Bond

Co.,

Co.;

&

Co.;

Van

Co.;

Co.,

Offered by

City

York, New Haven &
Hartford
RR. 3%
equipment
trust certificates due annually from Jan. 1, 1956 to
1970,
Inclusive.
Purpose, for new * equipment.
Price, to yield

3.25%,

Co.; Shearson, Hammill & Co.; Shields &
Shuman, Agnew & Co.; Singer, Deane & Scrib-

Barney & Co.; F. S. Smithers & Co.; William
&
Co.; Stern Brothers & Co.; Walter Stokes
Stroud & Company, Inc.; Swiss American Corp.;

Co.;

I.

Kraus;

Inc.;

Co.,

&

Weeden

investors.

England

path;
&

$3,345,000 New

to

and

&

Marache

Indianapolis

&

Francis

Burge

Granbsry,
&

Biyth

Corp.;

Corp.;

Ball,

Co.;

Robinson-Humphrey

Staats

Co.;

Corp.;

bonds,

Price, 102.22% and accrued inter¬
Halsey, Stuart & Co. Inc.; Allison-Williams
Co.; Aspden, Robinson & Co.; Auchincloss. Parker & Red-

due

1.75%

R.
&

bank loans
and accrued

from parent-company.

annually Jan. 1, 1956 to 1970, inclusive.
Purpose, for new equipment.
Price, to yield from 1.65%
to 3%, according to maturity.
Offered by Halsey, Stuart
&
Co. Inc.; R. W.
Pressprich & Co.; Freeman & Co.;
Gregory & Son, Inc.; and McMaster Hutchinson & Co.

from

102.915%

Investment

Purpose,

Corp.; Ginther,

RR.

The

Smith,

ner;

All sold.

& Co.

repay

Boston

Hughes

Co.

through

debentures

&

Co.,

Gas

Nov.

new

Central

Inc.

Pacific

Scranton

Company;

1,

Dec.

mortgage

to

Securities

Inc.;

Company;
Inc.;

Co.,

1978.

1,

due

for

&

$1,575,000 Missouri

&

First

Witter

Raffensperger,

institutional

1970,

F.

&

Price,

The

Co.,

&

first

Purpose,

Weoster

*1,250,000 Missouri Telephone Co.

new

McMaster

Harris

privately

equipment.
Price, to yield
from
1.30%
to
2.35%, according to maturity.
Offered
by Halsey, Stuart & Co. Inc.; Baxter. Williams & Co.;
Yantis

&

Dean

Co.;

Hutton

F.

Nov.

certificates,

semi-annually July 1. 1955 to Jan. 1,

Purpose,

&

31/4%

Co.
1984.

by

Stone

Kirkpatrick-Pettis

-

inclusive.

Offered

Sullivan

and Stroud

trust

due
privately.

Son,
Inc.;
RJbinson-

&
The

Co.;

and Tucker, Anthony

1,

construction,

new

Inc.;

est.

Central

bonds

due

F.

L.

Dec.

for

Gregory

Milwaukee

Lighting

due

*4,600,000 Minneapolis

Co., Inc.

$3,700,000 Illinois

bonds

Rothschild & Co.; Salomon
Schwabacher & Co.; Walter Stokes &

Inc.;

Island

Corp.;

Halsey, Stuart & Co. Inc.;
Redpath; Ball, Burge & Kraus;

Brothers

Co.,

Hutzler;

Fairman,

by

Stern

Company;

G,

duPont

Co.; Rodman & Renshaw; L. F. Rothschild & Co.; Salomon
Bros. & Hutzler; Shearson, Hammill & Co.; Shields & Co.;
&

&

Coe; -The

&

&

Co.,

Bear, Stearns & Co.; Freeman & Company; Gregory &
Son, Inc.; H. Hentz & Co.; Hirsch & Co.; McMaster Hutch¬
inson & Co.; Mullaney, Wells & Co.; New York Hanseatic
Corp,; Wm. E. Pollock & Co., Inc.; R. W. Pressprich &

Smithers

mortgage

Co.;

&

Freeman

interest.

RR.

interest.

first

Placed

Ohio

&

Underwood,

Co.; Thomas & Co.,

3..%% sinking fund debentures due
1980. +' Purpose, refunding.
Price, 100%
and ac¬

1,

crued

Placed privately.

mortgage

The

&

Co.;

&

series

according

Central

3 'A %

Co.

first

4%

construction.

Copeland

Co.; L. F. Rothschild & Co.; Rowles,
Salomon Bros. & Hutzler; Schmidt, Poole,
Roberts & Parke; Schoellkopf, Hutton & Pomeroy, Inc.;
Schwabacher
&
Co.;
Scott
&
Stringfellow;
Chas,
W.
&

Thomas

$15,000,000 Long

Mullaney,

Co.;

Corp.
new

&

Mosle

&

Bros.

Co.

&

Gas
for

Riter

Winston

mortgage bonds

Purpose, refunding ($14,050,000) and for new con¬
($950,000).
Price, 102%
and accrued interest.

Humphrey

to

Co.;

first

Purpose, for new construction.

Natural

Mackall

to maturity.
Offered by Salomon
Bros.
&
Hutzler; Drexel & Co., Inc.;
Union Securities
Corp.; and Stroud & Co., Inc.

.

Co.;

Rotan,

31/2 %

Patterson,

Corp.;

equip¬

X 3,800,000 Great Northern Ry. 2%% equipment trust certificates due
semi-annually June
1,
1955 to Dec.
1,
1969,
inclusive.
Purpose, for new equipment.
Price, to yield from 1.25%

The

mortgage bonds due
corporate purposes.
Placed

general

Curtis;

by Halsey, Stuart & Co., Inc.; A. C. Allyn & Co.,
Inc.; Baxter, Williams & Co.; Central Republic Co. (Inc.);
Courts & Co.; Fauset,
Steele & Co.; First of Michigan

Pressprich & Co.; L. F. Rothschild & Co.; Baxter, Williams
Co.; Freeman & Co.; The Illinois Co.; Wm. E. Pollock
& Co., Inc.; Gregory & Son, Inc.; Ira Haupt & Co.; Julien

series

As-

Offered

yield from 1.40%
to 3%, according to
Offered by Halsey, Stuart & Co. Inc.; R. W.

maturity.

S.

Continental

first

struction

&

F.

for

Purpose,

$1^000,000 Laclede Gas

certificates, series TT, due semi-annually May 1,

Nov.

1

&

and

Co.

4.(4%

Ltd.

>*1,500.000 Cincinnati Gas & F.lectric Co.

Years)

RAILROADS

Jan.

Insurance

1

Purpose,

'

to

Life

Utilities,

privately with insurance companies.

j iong-Term

Wells

Mutual
Co.

surance

*4,000,000 Canadian

Corp.;

Webber, Jackson
Kendall, Inc.; Peters,
Writer & Christensen, Inc.; Phelps, Fenn &
Co.; Wm. E.
Pollock & Co., Inc.; Prescott, Shepard &
Co., Inc.; R. W.
Pressprich & Co.; Putnam & Co.; Raffensperger, Hughes
&
Co., Inc.; Rauscher, Pierce & Co., Inc.; Reynolds &
&

1969.
,

York

Pineapple

Purpose,
Life

Co.,

4%

Ltd.,

expansion.

tor

Insurance

promissory

Placed

notes

due,

privately with New

Co.

'

Company.
$56,770,000

"

PUBLIC

$158,000 Alaska

Telephone Co,
D'

due Dec*

etc.
Price,
by Tellier & Co.

*3,000,000 California
bonds
and

due

for

Valley

lateral

UTILITIES

70%

10-year

convertible

debentures.

tors

Purpose, for improvements'and
of principal amount.
Offered

March

new

&

1.

Telephone
1979.

construction.




bonds

Co.

Purpose,
Placed

3%%
to

first

repay

mortgage

bank

loans

privately with the John

new
,

first

mortgage

and

col¬

D,

due

27

Co.

due

Jan.
1,
1982.
Purpose, for new
privately to 39 institutional inves¬
insurance firms) .through The First

Dec.

1,

of

(R,

tual

Life

M.)

1969.

working capital.

Corp.,

5(4%

first

mortgage

bonds

Purpose,
Placed

Insurance

to repay bank loans and for
privately with Northwestern Mu¬

Co.

,

*25,000,000 Lowenstein
1984.

construction.

Co.

*1,500,000 Hollingshead

due

Corp.

.Insurance
ance

3%%

Sold

etc.

(including

Boston

Corp.

*350,000 Orange County Telephone
series

Water

Electric

trust

construction,

6%
1964-

additions,

**?Bl©00,000 Ohio

Co.

Purpose,
Placed
New

3%%
to

privately

York

and

note

first mortgage bonds

retire

bank

with

loans

the

Berkshire

and

Mutual
Life

due

(M.)

1974.

&

Sons,

Inc.,

20-year

Life

Insur¬

♦Represents issues placed privately.
t Indicates issues sold
t Indicates

3%%

promissory

Purpose, to retire bank loans and for

for

competitively.

special offering.

'•

,

ex-

Number 5433

181

Volume

.

The Commercial and Financial Chronicle

.

.

(2467)

11

*

another

and

America

of

Prudential Insurance

privately with

Placed

pansion.

Dec.

1,

Placed

due

Purpose,

1969.

Underwritten

Co.

"

;

Industries,

Chemical

*2,000,000 Northern

White,
'

by

4V2 %

Inc.,

of

Co.
op*

through

Weld &

bentures

Plastics

due,

Co.;

mon

stock

ture

and

John

by

1 par

one

the United States,

oi

R

$1,0001 per unit.
Inc.
Completed.

Boland

Co.,

6c

of

stocks

of

computed

Shields

new

ing fund

(Issues Maturing

Notes

1974.

Co.;

five-year

Corp.

Israel

by

to

company

writing;

79,380 Dallas

,v:

discount

public,
„•

..

*5,000,000 Associates
note.

4,848,800

and

Co.

of

privately

Placed

Purpose,

with New York Life

Price, at

electric

notes due 1966.
Placed privately

31,

Purpose,

1962.

bank

repay

Brothers. "

Lehman

through

to

laus

*$61,000,000

$2,600,000 Prcmonstratensian
tions

Offered by

INVESTMENT

E.

Corpora¬

■
.

3%-3.85%

Corp.)

1, 1956 to Dec. 1, 1969.
Price, 100% and accrued

B. C. Ziegler & Co.

TRADING,

TRUSTS,

HOLDING,

ETC.

10-year discount debentures,
to develop certain enterprises in Israel.
Corp.

$4,100,000 Ampal-American Israel
series

Affiliated

Two

The Lake

and

notes due March
new
construction.

fund
Purpose, for
interest.

ETC.

and

Fathers
Fathers

(Norbertine

sinking

Purpose,

clue

Jan.

1,

1957

to

July

1,

The

5%

to

&

1990.

due

by
1,

Auchincloss,

Offered

Parker

Price,

Halsey, Stuart & Co. Inc.;
Redpath; Baxter, Williams 61 Co.;

&

Pollock

E.

Thomas

and

Co.,

&

by

Inc.;

Salomon

Bros.

&

Hutzler;

6c

&

MISCELLANEOUS

*7,000,000 American Investment Co. of Illinois 4% subordinated notes
due June
1, 1969.
Purpose, refunding.
Placed privately

Peabody

Co.

&

*10,000,000 American Investment Co. of Illinois 314%
due
June
1,
1974.
Purpose, refunding.
•

-

Peabody

Kidder,

through

Co.

6c

promissory notes
Placed

privately
V

■

*25,000,000 Associates Investment Co. 3% senior term notes due Dec.
1, 1964.
Purpose, to reduce short-term borrowings. Placed
privately

with

Salomon

Bros.

*13,000,000 Columbia

Jan.

*5,000,000

investors

1973.

15,

Inc.

System,

Purpose,

for

414%

for

and

Corp.- 4'/8%

Finance

due

notes

Nov.

general

Paine,

Bros.

Hutzler

&

with

corporate

Jackson

The

sinking

refunding

($2,504,000).

Mutual

and The

York

New

capital

Webber,

subordinated

Purpose,

1969.

1,

working

through

Co.

&

Mutual

Curtis
Life

Benefit Life

fund

($2,496,000)

Placed

and

privately
Salomon

Insurance

Co.

of

1960-1969,
for.

($1,900,000).
Placed privately with New
Mutual
Life Insurance
Co.
and Continental

expansion

England

Co.

Assurance

22,642,400 El

■

•

working capital, etc.
Placed privately
with
Metropolitan
Life Insurance Co.
through Clement
A. Evans & Co., and Kidder, Peabody & Co.
for

Purpose,

1969.

Method

125,000 New

Finance Corp.

1,

Nov.

due

1969.

•600 000

nated

Co.

Finance

Pioneer

debentures

($120,000)

privately

and

with

capital debenture bonds

clue

6%

15,

1964.

fund subordi¬

Purpose,

*1 ' 600 ' 000

Assurance

refunding

working capital ($480,000).
Placed
Continental Assurance Co. and Central
for

1969.
-

-

•2 ' 500 ' 000

Purpose,

privately through Hemphill, Noyes & Co.-

Schuster

(Ed.)

&

Co.,

Inc.

4%

promissory notes

due

for expansion.
Placed privately
with
Northwestern
Mutual Life Insurance Co. through
Goldman, Sachs & Co. and Robert W. Baird & Co., Inc.

Dec.

1,

1974.




Purpose,

to

Offered

by

holders.

Underwritten

by

Co.,

&

&

Struthers

1

Dec.

due

1,

1957,

&

& Co.,

roeder,
Baker,
Co.;

Inc.;
ties

J.

Central

Boston

Equitable

Republic
&

Co.

Securities

Co.;

(Inc.);

Corp.;

Francis

Clark,
I.

Estabrook

and

Dodge

du

&

Pont

&

Co.;

&

Co.;

Co.;

The

Harriman Ripley & Co.,

bank

&

and

Pri:e, $100 per share.
by common stock¬
underwritten
by

loans.

subscription

for

shares

(5,598)

Robert

Baird

W.

Co.,

&

Inc.;

J.

Eichler

Co.,

&

Inc.;

Co.; Davis, Skaggs & Co.;
Dewar,
Dominick & Dominick; Eastman,

Elworthy & Co.; Equitable Securities Corp.;
Co.; Fairman, Harris & Co., Inc.; The First

Glore,
Hall

Forgan

&
&

&

Co.;

Hallowell,

Co.;

Inc.;

Co.,

Ryons

&

Marks & Co.;

Goldman, Sachs 6s
Sulzberger & Co.;

Hemphill,

Noyes

&

Co.;

Irving

Co.;

Lundborg

&

Co.;

Mason-Hagan, Inc.; MoCormicfc

Pierce,

Webber,

Fenner

Jackson

&

&

Beane;

&

Co.;

&

&

Curtis;

Schneider,

The

Quail

&

Ohio
Co.;

&
Hickman;
Shuman, Agnew £5
Co.;
Smith, Barney
William R. Staats & Co.;
Stern, Frank, Meyer & Fox; Stone & Webster Securities
Corp.; Sutro & Co.; Union Securities Corp.; Vietor, Com¬
mon,
Dann & Co.;
Wagenseller & Durst, Inc.;
G. H.
Walker & Co.; Watling, Lerchen & Co., and Dean Witter

Mosle

Rotan,

Co.;

Shields
& Co.;

&

Bernet

Co.;

Co.

Continental Telephone Co. 12,000 shares of 6%
preferred stock (par $25). Purpose, for addlimprovements.
Price,
at
par.
Offered
by
Weld & Co.; The Robinson-Humphrey Co., Inc.,

300,000 Georgia

cumulative

\

and

.tions

.

White,
and

Clement

A

-

-

:

at

Evans

A.

&

Co.,

Inc.

Power Corp. 12,430 shares of 5% class
stock (par $100). Purpose, refunding. Price,
Placed privately with a group of institutional

Mountain

♦1,243,000 Green

preferred
par.

investors.

1,921,880 Hackensack Water Co. 48,047 shares of common stock
(par $25). Purpose, for new construction and to increas®
investment in subsidiary.
Price, $40 per share to stock¬
holders and $43.75 per share to public.
Offered.by com¬
shares

and

shares

loans.
tion
1

subscription

for

pany

scribed

(805)

White,

by common
underwritten

Weld

&

Co.

stockholders.
by

The

First

Unsub¬
Bostoa

All sold.

Telephone
&
Telegraph Co. of Virginia 40,320
of capital stock (par $0).
Purpose, to repay bank
Price, at par.
Offered by company for subscrip¬

by

stockholders,

without

underwriting.

000,000 Illinois Telephone Co. 20,000 shares of 5'/2% cumulative*
preferred stock, series C (par $50).
Purpose, for new
construction.
Price, par and accrued dividends.
Under¬
written
Central

by

\/

Co.;

Inc.;

&

politan

..

.

.

J10 000 000

Dean

Republic

Collins

First

McLeod, Young, Weir,

Lester,
M.

Paine,

Co.;

St.

Co.;

Witter & Co.; A. C. Allyn & Co., Inc.;
Co. (Inc.); F. S. Moseley & Co.; Julie*
First Securities Co. of Chicago; Metro-

Louis

Co.;

Straus,

Blosser & McDowell.

Interstate Power Co. 200,000 shares of 4.36% cumulative
preferred stock (par $50).
Purpose, refunding ($5,000,000) and to repay bank loans and for new construction*
($5,000,000).
Price, $51.05 per share and accrued divi¬
dends.
Offered by Merrill Lynch, Pierce, Fenner & Beane;
Kidder,
Peabody & Co.; William Blair & Co.; Dick &s
Merle-Smith; R. S. Dickson & Co., Inc.; First of Michiga*
Corp.; Fulton, Reid & Co.; Goodbody & Co.; Granbery„
Marache & Co.; Gregory & Son, Inc.; Hallgarten & Co.;
Hallowell,
Sulzberger & Co.;
Harriman Ripley & Co.,
Inc.; The Illinois Co.; W. C. Langley & Co.; McDonall
& Co.; Laurence M. Marks & Co.; A. E. Masten & Co.;

(Continued on page 12)
i
•

Issues placed privately.
t Indicates issues sold competitively.

Peabody &

Laurence M. Marks & Co.;

Dean-Witter

for

Ripley

Schwabaeher

Co.; Kuhn, Loeb & Co.; Lazard
Freres"& Co.; Lee Higginson Corp.; Carl M. Loeb, Rhoades
&

Co.,

Co.

Merrill Lynch,

Partners Ltd., Inc.; Hayden, Stone & Co.; Hem¬

Kidder,

Corp.;

Fay;
Hornblower &
Weeks;
Howard,
Weil,
Friedrlchs & Co.; E. F. Hutton & Co.; W. E.
& Co.; Ingalls & Snyder; Kidder, Peabody & Co.;
Freres
&
Co.;
Lee
Higginson
Corp.;
Lehman

& Co.;

Co.;

Co.;

&

Securities

Corp.; Victor, Common,
Inc.; G. H. Walker

Durst,

&'

phill, Noyes & Co.; H. Hentz & Co.; Hirsch & Co.; Hornblower & Weeks;
E. F. Hutton & Co.; W. E. Hutton &
Co.;

&

Brothers;

1964.

&

Hallgarten

Quail

Pancoast;

Corp.;

Lazard

Corp.;

&

Webster

&

&

&

Bateman,

&

Co.;

Laurence

First of Michigan Corp.; Folger, Nolan-W.
Hibbs & Co., Inc.; Fulton. Reid & Co.; Goldman, Sachs

Harris

Stone

Co.;

&

Wesley

Co.;

Dominick & Dominick; The Dominion Securi¬

Drexel

Beane;

&

Dain

M.

Estabrook

and 4% exter¬

1958,- 1959

Stanley & Co.; Smith, Barney & Co.; A. C. Allyn
Inc.; A. E. Ames & Co., Inc.; Arnhold & S. Bleich¬
Inc.; Bache & Co.; Robert W. Baird & Co., Inc.;
Weeks & Co.; Bear, Stearns & Co.; William Blair
Blunt Ellis & Simmons; Blyth & Co., Inc.; Alex.
& Sons; Burnham & Co.; Burns Bros. & Denton,

Corp.;

£5

Curtis;

Gas Co. 226,424 shares of $4.40 con¬
preferred stock, series of 1954 (no par).

Blyth

Dillon &

for

Courts & Co.;

&

shares were issued in exchange
convertible second preferred stock.

repay

Co.;

Inc.;

Co.;

.

\

& Co.;
& Co.
Wood,

improvements, etc. Price, 100% and accrued
interest for the 3%%, 3 V2 % and 3%% bonds and 99 V2 %
and accrued interest for the 4%
bonds. Underwritten by
Morgan

Inc.; 'McCor-

Fenner

Jackson

Securities

Lerchen

company

Robertson
i

Co.

bonds

Pierce,

& Co.; A. G. Becker £5
Bosworth, .Sullivan
Co.,
Inc.; Butcher & Sherrerd; Central Republic Co.
(Inc.);
Clark, Dodge & Co.; Courts & Co.; Crowell, Weedon £5
Co.

Union

&

(Kingdom of) 3%%, 3V2%, 3%%

loan

Purpose,

Mason-Ilagan,

Webber,

25,088

Weld

Barth

201,600 Home

Stroud

Co.;

Trask

Co.;

Lynch,

Unsubscribed

White,

Inc.; Swiss American Corp.;

Boston

Co.

Super Markets, Inc. promissory notes due Dec. 1,
for expansion and working capital. Placed

Publix

par).

loans

& Co.; Schneider, Bernet & Hickman;

Fox;

second

Hutton

B.

Life

con¬

(no

bank

Labouisse,

Co.; Tucker, Anthony & Co.;
H. Walker & Co.; White, Weld
Wood, Gundy & Co.
Inc.; and Wood, Struthers
Dean Witter & Co.; Wood, Gundy & Co., Inc.; and

Brown

10-vear sinking

Nov.

1954

repay

Natural

Paso

Purpose,

?

Securities Corp.; G.

&

without underwriting.

to public,

pany

6%

refunding
($111,475) and
Price, at par. Offered by com¬

Purpose,

working capital-($13,525).

of

to

share.

per

Wagenseller

Co.;

Walling,

Corp.

&

&

Union

additional

kopf, Hutton & Pomeroy, Inc.; Shearson, Hammill & Co.;
Shields
& Company;
Smith, Barney & Co.; William R.
Staats

&
&

Co.;

Harriman

Clark, Dodge & Co.; Courts & Co.; Dominick & Dcminick;
The
Dominion
Securities
Corp.; Drexel &
Co.; Francis
I. du Pont & Co.; Equitable Securities Corp.; Estabrook
& Co.; The First Boston Corp.; First of Michigan Corpj;
Folger, Nolan-W. B. Hibbs & Co., Inc.; Fulton,-Reid &
Co.; Goldman, Sachs & Co.; Hallgarten & Co.; Harriman
Ripley
& Co.,
Inc.; Harris & Partners Limited, Inc.;
Hayden, Miller & Co.; Hayden, Stone Sc Co.; Hemphill,
Noyes & Co.; Hornblower & Weeks; E. F. Hutton & Co.;
W. E. Hutton & Co.; The Illinois Co.; Kidder, Peabody
&
Co.;
Kuhn, Loeb & Co.; Lazard Freres & Co.; Lee
Higginson Coip.; Lehman Brothers; Carl M. Loeb, Rhoades
& Co.; Laurence M. Marks & Co.; McLeod, Young, V/eir,
Inc.; Merrill Lynch, Pierce, Fenner 6c Beane; Mills, Spence
& Co., Inc.; Model, Roland & Stone; F. S. Moseley & Co.;
Mullaney, Wells & Co.; The Ohio Co.; Pacific Northwest
Co.; Paine, Webber, Jackson & Curtis; R. W. Pressprich
& Co.;
Riter & Co.; The Robinson-Humphrey Co., Inc.;
L. F. Rothschild & Co.; Salomon Bros. & Hutzler; Schoell- •

nal

debentures due Dec. 1,

Meyer

vertible

&

Bros.

30,000,000 Belgium

Linen Service Corp. 4%

*5,500,000 National

and

Shields & Co.; Shuman, Agnew & Co.;
Co.; William R. Staats & Col; Stern,

outstanding $4.40

Simmons;

&

Spencer

Insurance Co.

Loan Corp. 4% subordinated notes due Dec. 1,
inclusive/Purpose, refunding ($1,600,000) and

•3,500,000 Liberty

-

promissory

America

General

v.

through

Placed privately with Prudential Insurance
and Metropolitan Life Insurance Co.

purposes.
of

institutional

-

9

Hutzler.

&

Broadcasting

due

motes

of

group

a

$100

Merrill
Paine,

Barney

Co.;

An

Blair & Co. Inc.; William Blair & Co.; Blunt
Blyth & Co., Inc.; Alex. Brown & Sons;
Denton, Inc.; Central Republic Co. (Inc.);

Inc.;

Co.,

Ellis

Co.;

&

& Co., Inc.; A. E. Ames & Co., Inc.; Arnhold 6c S.
Bleichroeder, Inc.; Auchincloss, Parker & Redpath; Rob¬
ert W.
Baird & Co., Inc.; Baker, Weeks & Co.;
Bear,
Stearns 6c Co.; A. G. Becker & Co. Inc.; Bell, Gouinlock

Burns

Kidder,

Texas

Co.;

Co.; Rotan, Mcsle

Dann

Co.

&

Co.;

&

Allyn

f

$11,350,000

through

series

($3,929,500)

Marks

M.

&

Sutro

$25,000,000 Australia
(Commonwealth of) 15-year 33/t% bonds due,
Dec. 1, 1969.
Purpose, refunding. Price, 99% plus accrued
interest.
Underwritten by Morgan Stanley & Co.; A. C.

Co.

&

by

$4.40

Co.;

Ohio

Hooker

Blair &• Co. Inc.; Clayton Securities Corp.; Dick &.MerleSmith; Mullaney, Wells & Co.; New York Hanseatic Corp.;

Wm.

for

of

&

Frank,

Gregory & Son, Inc.;

Foreign Governments

1

trust bonds
102.91% and

collateral

refunding.

Purpose,

interest.

accrued

35/a%

Associates.

1979.

without underwriting.

to public,

company

Utilities

Dec.

&

stock,

shares

Co.;

&

Smith,

Nuveen

Cartwright

to net an aggregate of $2,502,111, yielding a return
equal to compound interest at the rate of 5% per annum.
Offered

preferred

48,488

Schwabaeher & Co.;

Price,

47,250,000 Eastern

Co.

&

mick

3%%

Authority,

McDougal & Con¬
don, Inc.; Townsend, Dabney and Tyson; Robert N. Tuller
Co.; J. B. Hanauer & Co.; E. F. Hutton & Co.;
J. R.
Ross & Co.; Park, Ryan, Inc.;, Cutter, Plummer & Bennett;
Cantor, Fitzgerald & Co., Inc.; Emanuel, Deetjen 6c Co.;
Dwinnell, Harkness & Hill Inc.; Clement A. Evans & Co.
Inc.; Fulton, Reid & Co.; Taylor & Co.; Watklns, Mor¬
row
& Co.; Butcher & Sherrerd; F.
Britain Kennedy &
Co.; J. G. White & Co. Inc.; Raffensperger, Hughes &
Co.
Inc.;
Stubbs,
Smith
6c
Lombardo,
Inc.; Berman,
Selonick & Co.; George P. Fogg & Co.; Fauset, Steele &
Co.; Janney & Co.; Julius A. Rippel, Inc.;
The W. C.
Thornburgh Co.; Walter, Woody and Heimerdinger; Widmann
& Co.; Draper, Sears & Co.; Bohmer-Reinhart &
Co.; Ellis & Co.;
Lakeside Securities Corp.; Magnus &
Col; J. A. Overton & Co.; Pohl & Co., Inc.; Shaughnessy
& Co.,
Inc.; Suplee, Yeatman & Co., Inc.; and Sweney,

/

;

Gas

Fay;
Hornblower
&
Weeks;
Howard,
Weil,
Friedrlchs & Co.; E, F. Hutton & Co.; W. E.
Ingalls & Snyder, Kidder, Peabody & Co.;
Lazard,
Freres
&
Co.;
Lee
Higginson
Corp.;
Lehman
Brothers; Lester, Ryons & Co.; Irving Lundborg & Co.;

...

Resources

bonds,

& Co.;

Goodbody

"

BUILDINGS,

LAND,

underwriting.

Labouisse,

(Inc.); Andrews & Wells, Inc.; Byrne and Phelps, Inc.;

Co.

4%% secured notes due 1969.
certain oil production payments.

purchase

without
subscribed

were

stock

Elworthy

Hutton

Offered by; Ira Haupt & Co.; Allen
& Co. (Inc.); Baxter, Williams &
Bache & Co.; Francis I. duPcnt & Co.; Stifel, Nico&
Co
Inc.; Stroud & Co., Inc.; Central Republic
John

Co.;

Co.;

Corp.

Sacden

&

Hooker

maturity.

to

&

Purpose, to
Placed pri¬
vately with The Mutual Life Insurance Co. of New York.

*3,000,000

shares

common

Price, $140
subscription
by

& Co.; Equitable Securities
Corp.;
Esta¬
Co.; Fainnan, Harris & Co., Inc.; The First
Corp.; Glore, Forgan & Co.; Goldman, Sachs £5
Co.;
Wesley Hall & Co.; Hallowed, Sulzberger & Co.;
Harriman
Ripley & Co., Inc.; Hemphill, Noyes & Co.;

redeem short-term notes and for new con¬
Price, to yield from 1.50%
to 3.37V2%, ac¬

to

struction.

Placed privately

loans.

of

costs.

for

Clark, Dodge & Co.; Courts & Co.; Crowell, Weednn & Co.;
J. M. Dain & Co.; Davis, Skaggs & Co.; Dewar, Robertson
&
Pancoast;
Dominick & Dominick; Eastman, Dillon £5

States Possessions

revenue

Purpose,

promissory notes, series B, due Dec.

Co. 4%

shaves

company

Robert W. Baird & Co., Inc.; J.
Bateman, Eichler & Co.; A. G. Becker &
Co.
Inc.; Blyth & Co., Inc.; Bosworth, Sullivan & Co.;
Inc.; Butcher & Sherrerd; Central Republic Co. (Inc.);

Offered by Macdonald G. Newr

par.

Water

Rico

cording

Monterey Oil

Weld

Barth

Laurence

*32,000,000 Monterey Oil Co. 4% promissory notes, series A, due Dec.
31, 1962.
Purpose, to repay bank loans.
Placed privately
through Lehman Brothers.
*10,000,000

Natural
second

White,

and Government Agency Issues

United

Co.

Insurance

are

parent.

refunding
($)19,300).
Price,

Co.

comb, New York fiscal agent.

tl2,500,000 Puerto

Oil Co. 5%
12-year promissory
for general corporate purposes.

•10,500,000 Langdell

Taso

brook

Mutual

with

pre¬

stock

Boston

York.

New

38,ol5

Purpose,

$7,000,000

refunding.

capital.

working

Insurance

El

567

construction

by

stockholders,

common

the

Co.

for

Offered

Co.,

vertible

without under*-'
: y'- ■ y-

Co.
one-year
114%
senior-terni
to reduce short-term borrowings.
Placed
institutional investors.
.{;•

with

Purpose,

additional

Utilities

Investment

Purpose,

10-year 4Vi'% secured note. Purpose, to repay
bank loans, for drilling operations and for capital expendi¬
tures

while

par,

common

UTILITIES

Light

&

share.

An
V' V

Drilling Co.

Life

at

of

John Kormendi Co.; The Ohio Co.;
Christensen, Inc.; Chas. W. Scranton &
Corp.; and Harold E. Wood & Co.

&

Power

par).

minority

deben-r

23-month 1%%
senior-term
note.
Purpose, to reduce short-term borrowings.
Placed
privately with institutional investors.

Glasscock

G.

C.

classes

Securities

per

MISCELLANEOUS

Investment

*$2,000,000 Associates

OIL

and

taken

are

all

Share Corp.;

Writer

Union

Co.;

Co.

and

William Blair & Co.; Bosworth, Sullivan & Co.,

and

Peters,

ETC.

HOLDING,

Purpose,

D.

Offered

annum.
■

15-year unsecured sink¬

Oil

value

par

value

par

Eastman, Dillon & Co.; Equitable Securities Corp.;
Hemphill, Noyes & Co.; Lee Higginson Corp.; Indianapolis

Burr;

for development of Israel enter*
prises. Price, to net an aggregate of $2,407,353 and yield
a
return equal to compound interest at rate of 4>/2%
per
series

tures,

Farm Loan

G.)-Tidelands

no

Whip¬

Insurance Co.

Life

TRADING,

TRUSTS,

$3,000,000 Ampal-American

July 1, 1^69. Puipose. to repay bank
privately with Massachusetts Mutual Life

(C.

Inc., and Wood,

their offering prices.)

at

ple & Co.;

$62,815,000 Federal Intermediate Credit Banks 1.45% consolidated de¬
bentures dated Jan. 3, 1955 and due Oct. 3, 1955. Purpose,
Glasscock

Gundy & Co.,

Oversubscribed.

stated

a

(no

$117,995,000

*$5,500,000

Phoenix Mutual

INVESTMENT

Co.

Insurance

Wood,

Co.;

Inc.;

notes due,

Placed

loans.

with

privately

*700,000 Western Precipitation Corp., 4Vi%

Anthony & Co.; Union Securities Corp.;
Wertheim & Co.; White, Weld & Co.;

&

PUBLIC

Placed privately through Coffin &

construction.

Inc.

Oversubscribed.

Co.

&

Co.;

Corp.;
Spencer Trask

Power & Light Co. 75,000 shares of 4.20%
cumu¬
preferred stock (par $100..
Purpose, for new con¬
struction. Price, $101.75 per share and accrued dividends.
Offered by Stone & Webster Securities Corp.; Bacon,

UTILITIES

PUBLIC

debentures,

convertible

5%
for

Inc.,

&

Securities

Corp.;

STOCKS
stocks

ferred

West Virginia Water Service Co. 3>/8% first mortgage bonds
aue
March 1, 1957.
Purpose, to repay bank loans and for

*$500,000

due
Dec.
1,
1966.
Purpose,
expansion.
Price, 100% and
accrued interest.
Underwritten by Van Alstyne, Noel &
Co.; J. C. Bradford & Co.; Brooke & Co.; Courts & Co.;
Crowell, Weeaon & Co.; Doolittle & Co,; Francis I. duPont & Co.; Faivman, Harris & Co., Inc.; First Securities
Co., of Chicago; Johnson, Lane, Space & Co., Inc.; Peirington,
Colket & Co.;
Pvescoit, Shepard & Co., Inei;
Reynolds'& Co., Inc.; Scott, Horner & Mason, Inc. and

Servomechanisms,

Webster

$55,000,000

%

Purpose, for working capital, etc.
Placed privately with
the Metropolitan Liie
I\iurunce Co. and the Equitable
Life Assurance Society of the United States.
V
2,000,000

&

American

Walker & Co.;

Offered

promissory notes due,

•20,000,000 Remington Rand, Inc., 3%%

Tucker,

Swiss

Witter

Up to and Including Five Years)

of one $1,000 deben¬
Purpose, for equipment:

stock.

Price,

etc.

Inc.;

.

and

Bonds

Short-Term

in units

cent)

shares

100

capital,

working

Co.,

Stone

lative

1960,

1,

Salomon Bros. & Hutzler; Schoell-

Co.;

?$7,500,000 Central

5V2% six-year convertible de¬
and 29,500 shares of
com¬

Corp.,

Oct.

Co.;

&

Dean

Bond

295,000 Reinforced

S.

G. H.

$133,775,000

Inc., 3%fo
promissory note due, Dec. 1, 1974.
Puipose, to acquire stock of Alaska Pine & Cellulose, Ltd.
Placed privately with Prudential Insurance Co. of America.

■.

&

Society of the United States.

\

& Co.

Weld

White,

&;

Stores, Inc. 4%
debentures, series B, due
reiunding ($550,000) and to reduce bank
expansion ($450,000). Placed privately.

for

Woolworth (F. W.) Co. 3.1% promissory notes due I960-;
1975,
inclusive.
Purpose,
for
expansion and
improve-?
ments.
Placed
privately with Equitable Life
Assurance

♦40,000,000

#20,000,000 Rayonier,

•>{ ® <

Smithers

(Preferred

notes, series B, due June 1, 1966. Puipose, for expansion.
Placed privately with New England Mutual Life Insurance

".V

F.

Webber,

Rothschild &

S.

Stroud

first mortgage

_

F.

F.

Purpose,
and

Stone;

kopf, Hutton & Pomeroy, Inc.; Shearson, Hammill

life

a

World Airlines,
Inc. 3%%
equipment mortgage
sinking fund bonds due Dec. 1, 1963. Purpose, refunding)
Placed
privately with Equitable Life Assurance Society

Inc., 15-year 5V2%
sub¬
ordinated debentures, due Dec. 1, 1969, and 100.000 shares
of common stock, class B (no par)
in units of a $1,000
debenture and 20 shares of stock.
Purpose; for expansion.
$1,120 per unit.
Oversubscribed.

L.

pri¬

Placed

Nolan-W. B. Hibbs & Co. to

& Co.;

note

promissory

expansion.

for

Lynch,

Pierce,
Fenner
&
Beane;
Model,
Moseley & Co.; Pacific Northwest
Jackson & Curtis; R. W. Pressprich
Reynolds & Co.; The Robinson-Humphrey Co., Inc.;
&

Paine,

*15,000,000 Trans

Industries,

Price,

10-year

Inc.

Merrill

Co.;

Struthers & Co.

promissory notes due, Sept.

to

Chemical

5,000,000 Northern

Co.,

Purpose,

Inc.;

Roland

company.

Valu

1968.

repay bank loans.
Placed privately
with institutional investors through The First Boston Corp.

1,

Super

*1,000,000

loans

*1,000,000 Miles Laboratories, Inc., 3Vb%

1964.

1,

insurance

underwriting.

without

Markets

Deal

Dec.

vately through Folger,

Inc., 5%
subordinated debenture
notes due in 6, 3, 10 and 15 years from date of issuance.
Purpose, refunding.
Price, at 100% (in denominations of
$100
or
multiples thereof).
Offered by corporation to
public

Square

*750,000

Cooperatives,

500,000 Midland

Finance
Co.
3.90%
subordinated
notes
due
1969.
Purpose, for general corporate
purposes.
privately through The First Boston Corp.

*3,200,000 Seaboard

Co.

firm.

insurance

10-year 5% subordinated debentures
due Dec. 1, 1964.
Purpose, for general corporate purposes.
Placed privately through Lehman Brothers. I

*500,000 Luria-Cournand, Inc.,

1

Represents

t Indicates

special offering.

12

(2468)

OTHER INDUSTRIAL AND MANUFACTURING

(Continued from page 11)
W.

R.

Reynolds Ac Co., Jnc.; Salomon
Stetson Securities Corp., and Win.slow,

Pressprich
Ac Hutzler;

Bros.

Co.;

Ac

Douglas Ac McEvoy.
$1,397,700 Mississippi

Power

Placed

&

shares of 4.56%

13,977

Co,

stock

preferred

(par

&

Cunningham,

Inc.;

Ac

Gunn

additional

like

a

of

Price,

exchange

$100).

Ac

for

Life
/'

preferred stock.

to

repay

Purpose,

Insurance

Virginia

York

New

(par

Price,

$29
bv

&

Co.

Power

$10).

ferred

(par

Under¬

Bell

Ac

Nolan-W.

B.

Galleher

Ac

Co.,

Hibbs

Ac

Co.,

Fulton,

Inc.;

Kidder,

Peabody

Brothers;

Ac

W.

Co.;

Mackall

Reid

Ac

Langley

C.

Horner

Trask

Anthony
Ayres,

Ac

Ac

Ac

Co.;

Farrell,

Ac

Co.;

Ac
of

Co,

of

$1.50

sinking

and 20,000 shares of
of

fund

bank

loans

and

for

pre¬

Inc.; H.

Co.;

(l^ar $lt.

and

Purpose,

for

expansion

Co.

Offered

of 5%

cumu¬

20

Ltd.

(Inc.);

Francis

150,000

Mackie,
speculation."

a

shares

Price,

shares

Inc.

of

etc.

a

$1

As

$4

Co.,

of

ferred

stock

stock

Gulf

M.

R.

Ac

Co.;

Co.;

Simon

Staats

Hill

Richards

&

Co.;

Hooker

Shields

Ac Co.; Shumah, Agnew Ate
Smith, Barney Ac Co.; Wil¬
Stein Bros.
Ac • Boyce;
Stem,
Stone Ac Webster Securities Corp.;

Ac

Ac

Co.;

Co.;

Fox;

Oil

Offered

&

Gas

and

stock

common

$1).

Purpose,

etc.,

expenses.

written

by

Parker

Co.;

Ac

Allen

to

I.

Ac

Ac

Ac

Ac

Ac

D.

stock

for

drill¬

Co.;

Eichler

Crockett

Ellis

Ac

Under¬

Auchincloss,

Bateman,

Co.;

H.

capital
and

share.

per

Co.;

Cowen

Co.;

of

loans

$5.25

Abraham

Baird
Ac

shares

bank

repay

Co.;

Co.;

duPont

speculation."

a

700,000

Price,

Redpath;

Courts

Francis

Golden-

"as

Co.

(par

Co.;

As

Ac
Co.;
Franklin,

Meyer Ac Barnett; French Ac Co.; Fridley & Hess; Goodbody Ac Co.; R. H. Goodwin Ac Co.;
Hamershlag, Borg
Ac
Co.; Hamlin Ac Lunt; Hardy Ac Co.; Hirsgh Ac
Co.;

(par

E.

F.
Hutton
Ac
Co.; A. M. Kidder Ac Co.;
LaMaster
McDonald Ac Co.;
Moroney, Beissner & Co.; J.
Perkins Ac Co.; J. R. Phillips Investment
Co., Inc.;
Rauscher, Pierce Ac Co.; Riter Ac Co.; Rotan, Mosle Aa
Ac

Co.;

300,000 Blue

Mountain

stock

(par one

opment costs.
Co.

"as

300,000 Century

a

cent).

Inc.

Mines,

10

(par

shares

2,535

$100).

of

for

through

Co.

5%

cumulative

general

Lehman

200,000

shares

2,000,000

shares

of

and

by

Corp.

share.

per

As

Offered by Tellier

•1,100,000 National

'

shares

300,000

of

(par $1).

stock

common

share.

cents).

Purpose, for exploration costs, working
Price,
$1
per
share.
Offered
by
James
Anthony Securities Corp. "as a speculation." All sold.
capital,

Uranium

"as

300,000 Dallas
stock

speculation."

a

Uranium

(par

10

velopment
Rice &

Oil

&

cents).

costs.

Co., Inc. "as

750,000 Edgemont

Mining
stock

common

drilling

10

(par

cents).

exploration and de¬
Offered
by Brereton,

Price,
a

Inc.

Corp.

cent).

one

expenses.

Uranium,

for

par.

Uranium

(par

Purpose,

speculation."
400,000

per

of

Purpose, for exploration

Uranium

10 cents).

Corp.

1,000,000

shares

of

for equipment
share.
Offered

and

295

stock

common

Purpose,

in

Hickory

(par

10

Copper Co.

cents).

expenses.

Purpose,

Price,

40

Investing Corp. "as
Jato

750,000

cents
a

shares

of

All

Co.

2,290,00

shares

(par
stock

common

Mountain

75,000 Pineco
(par

Purpose, for development costs and equip¬
three cents per share.
Offered by Rocky

Price,

cent).

Price,

Corp.

5,000,000

Purpose,

l'/2

cents

shares

for drilling
per

share.

of

Offered

shares

Mining

common

Exploration,

&

stock

(par

one

equip¬

cents

299,000 United

Ac

Inc.

and

Crerie

Ac

Co.,

Inc,

a

on

Lithium

stock

Morris

2,000

shares

of

class

A

Corp.

See

29,500

under

column

shares

of

common

"Long-Term Bonds

of

this

$9.25

to

public.

and

Ac

Weedon

by

company

for

rr

<•

$7,739,450




•

T

,

Co.

285,005

shares

of

common

son,

Sutro

Ac

Ac

Co.;

Co.,

Co.;
J.

M.

C.

E.

Allison

Wheat

and Bingham,

Ac

Walter

Ac

Co.;
Ac

Co.,

Inc.;

Dittmar

Hurry,

Inc.

Ac

First
Co.;
Over¬

subscribed.

285,000 Great Western
)

to

Co.;

stock

(par

acquisitions,
company

Allen

8s

Hallgarten 8s
Thalmann Ac Co.,

Ladenburg,

Inc. 3,000,000 shares of 7%
cumulative
(par one cent). Purpose, refunding ($10,capital expenditures and working capital
Price, 10 cents per share. Offered by

Corp.

2,999

of

class

A

Petroleum

five

cents)..

etc.

to public.

Price,

Corp. 1,140,000 shares of capital
Purpose, for drilling expenses,
cents per share.
Offered by

25

common

Purpose, to make loans and for pay¬
Charles G. Hatay in construction of machine.
Offered by Allied Research Ar Service
Corp.

par.

Discount

Co.

of

Georgia 15,000 shares of 5%
series 1954 (par $50). Purpose,
at par and accrued dividends.

Price,

Underwritten
&

company

shares

$100).

Dr.

Price, at

by

A. M.

Law

Ar

Johnson.

Co.;

Lane,

Space

Co.,

Inc.; Interstate Securities Corp.; Carolina Securi¬
Corp.; Citizens Trust Co.; Courts Ac Co.; G. H. Crawword
Co., Inc.;
Dargen Ac Co.; First Securities Corp.;
ties

Alester G. Furman Co.; Frost, Read Ac
Simons;
Smith V. M. Manning;
McCarley Ac

Co.,

Lewis
Neal

Ac

Ac

299,200 Atlas

Co.;

of

T.

Waggoner.

Mills;

stock

74,800

(par

for

Dollar

Food

Ac

shares

stock

Corp.

8s

McDaniel

and

Price,

Purpose,
per

20-cent

$4

per

100,000

for

share.

and

Purpose,

Wyatt,

unit.

of

shares

expansion

Offered By

shares

expansion

Offered

cumulative

74,300

for

of

common

and

working

by Baruch

Brothers

Co., Inc. and Milton D. Blauner Ac Co., Inc.

300,000 Chinchilla

Jackson

Inc.;

Norris.

of

cents).

Stores;' Inc.

stock

(par $1).
capital. Price, $3

M.

(par $2.50)

10

working capital.
George A. Searight.
300,000 Big

Edgar

Oversubscribed.

Corp.

preferred stock

common

and

H.

Credit

convertible

Ail sold.

America 1,200,000 shares of common
Purpose, for working capital, etc.
share. Offered by Kelleher Securities

(par three cents).

Price,

25

cents

per

Corp.

\

97,623 Hot Shoppes, Inc. 11,485 shares of common stock
(par $t).
Purpose, for expansion.
Price, $8.50 per share.
Offered
by company for subscription by employees.
270,840 Minnesota Vaiiey Natural Gas Co. 17,760 shsires of com¬
mon
stock (par $10).
Purpose,, to repay bank loans and
for working capital. Price, $15.25
per share.
Underwritten
by Woodard-Elwood Co. and Harold E. Wood Ac Co. Com¬

pleted.

(par
per

employees.

$1).

common

$10).

Purpose,
for working
capital.
Price,
Offered by company for
subscription by
Completed.

share.

47,250 One-Hour Valet,
Purpose,

Inc.

9,450

shares

of

stock

common

(par

for

expansion.
Price, $5 per share. Under¬
Dickson Ac Co.; Courts Ac Co.;
Clark,
Landstreet Ac Kirkpatrick, Inc., and
Willis, Kenny Ac Ayers,
Inc.
Oversubscribed.
written

by

R.

S.

300,000 Provident .Security Life
capital stock (par $1).

surplus.
public,

&

Ac

Abercrombie

,

Co.;

cumulative preferred stock,
for working capital.

stock

(C.
G.)-Tidelands Oil
Co.
215,000 shares of
stock
(par $1).
Purpose, to repay bank loans
purchase stock of C. G. Glasscock Drilling Co.

Southwest

2,750,000 shares of common
stock
(par 10 cents).
Purpose, for development and ex¬
ploratory expenses.
Price, at par.
Offered
by L. A.
Huey Co.

Ac

Co.,

(par

$14.25

Co.;
Dewar, Robertson Ac Pancoast; Straus,
McDowell; Underwood, Neuhaus Ac Co.; Wil¬
Johnson Ac Higgins; Lester, Ryons Ac Co.;
Lovett

Blosser

develop¬

speculation."

a

public, without underwriting.

750,000 American

Underwritten
by
Eichler
Ac
Co.;

$11 per share.
Underwritten by First California
Eastman, Dillon Ac Co.; William R. Staats As Co.;
Bateman, Eichler A: Co.; Scherck, Richter Co.; Crowell,

Co.

and

Cooaabs Ac Co.

for

and

ments

Notes"

$1).

to

stock

common

by

stock

stock

stock

Co.;

2,990,000 shares of common
for exploration and de¬
Price, at par. Offered by Thorn¬
Co. and Peter Morgan Ac Co.

275,000 Western Empire Uranium

Gas

&

Son;

Shawell

BUILDINGS, ETC.

299,900 Allied-Manchester

article.

Offered

Trash

($290,000).
to

common

Price,

Corp.

,

stock

and

(par 10 cents).
Purpose,
velopment expenses, etc.
D.

Co.

Corp. 50,000 shares of common stock
Purpose, for expansion, working capital and
corporate purposes.
Price, $8 per share to stock¬

common

best

of

exploration
Offered

by Carl M. Loeb, Rhoades Ac
Lazard Freres Ac Co.; Wertheim Ac Co.;

000)

cumulative

Metals

Oil

Ac

MISCELLANEOUS

2,365,000 Glasscock

by

Otis,

States

6%

Purpose, for acquisitions and working capital.
Price, $5 per share. Offered by company for subscription
by stockholders, without underwriting.
Oversubscribed.

basis.

shares

for

par.

27,232 Minnesota Valley Natural Gas Co. 1,911 shares of

(par

per

2,500,000

Purpose/

Co.; Bear, Stearns
and Sutro Ac Co.

$300,000 ABS

article.

$1).

$1,425,025 Aztec

3,250,000
Purpose, for

2,625,000 Stancan Uranium Corp. 1,750,000 shares of common
stock
(par one cent).
Purpose, to purchase mining claims and
for working
capital.
Price, $1.50 per share.
Offered
efforts

of

$12,589,849

Pioneer

Inc.

cent).

exploration and development costs.
Price, ~ll/2
share.
Offered by Weber Investment Co.

Gearhart

,

OIL

Uranium
of

and

by

Investment Co.

48,750 Sheba

stock

common

expenses

cent).

Underwritten

Purpose,

Plastics

and

Rupe

Hutzler;

Oversubscribed.

Price, at
Washington, D.--C., "as

Co.;

subscription by common stockholders. Unsubscribed shares
(3,875)
underwritten
by
Barret,
Fitch,
North
Ac
Co.;
Burke Ac MacDonald, Inc.;
Prescott, Wright, Snider Co.,
and The Small-Milburn
Co., Inc.

Securities.

Uranium

one

ment.

this

shares

Glass

holders

'par one cent).
ment.

$5).

preceding

404,854 Whitaker

sold.

of

27,500

Bingham, Walter Ac Hurry, Inc.; Brush, Slocumb Ac Co.
Inc.; Crowell, Weedon Ac CO.; Davis, Skaggs Ac
Co.; First
California Co.; Gross, Rogers, Barbour, Smith Ac
Co., and
Paine, Webber, Jackson Ac Curtis. Oversubscribed.

stock

common

Ac

pany for subscription by stockholders of Hilton Hotels
Corp.,
except the members of its executive group. Oversubscribed.

$5).

other
Uranium

Co.

capital, etc.
Price,
$8.75
per
share.
Wagenseller
Ac
Durst,
Inc.;
Bateman,

for exploration and development
per share.
Offered by General

speculation."

preceding column of

525,000 Western Precipitation Corp. 60,000 shares of capital stock
(par $1). Purpose, to repay bank loans and for
working

Corp.

Co.

Corp.

expenses.

preferred

Fibre Corp. 50,000 shares of common stock
Purpose, for capital expenditures and working
capital.
Price, at par.
Offered by Keith,
Reed Ac Co.,
Inc.; Eppler, Guerin Ac Turner; Mulr Investment
Corp.;
Texas National Corp., and Chas. B. White Ac Co.

1,370,000 shares of
common
stock (par one cent).
Purpose, for exploration
and
development expenses.
Price, 20 cents per share.
Offered by company to
public, without underwriting.

300,000 Old

a

Ac

Oil

LAND,

and

cent).

one

(par

170,000 Mayday Uranium Co. 17,000,000 shares of common stock
(par one-half cent).
Purpose, for exploration and de¬
velopment expenses.
Price, one cent per share.
Offered
by Utah Uranium Brokers "as a speculation.'*1

Mining

a

Reflector

Reinforced

250,000 Texas

speculation."

Uranium

per

Dallas

Bros.

$6,448,948 Statler Hotels Delaware Corp. 1,004,509 shares of common
stock (par $1).
Purpose, for acquisition of properties and
working capital. Price, $6.42 per share. Offered by com¬

stock

Price, $27.50

Williston

one

of

preferred

(par

(par

for exploration and development
costs
and
for
acquisition, etc.
Price, $1.25 per share.
Offered by French Ac Co. and Peter
Morgan & Co. "as

294,000 Nacimiente

working capital.

capital

Co.;

$21,100,025

for
expansion
and
working
capital.
Price, $6.12>/2 per share. Offered by Kay, Rich¬
ards
Ac Co.; Kroeze McLarty Ac
Co.; Reed, Lear Ac Co.;
Hulme,
Applegate
Ac
Humphrey,
Inc.;
Cunningham,
Schmertz Ac Co., Inc.; Arthurs,
Lestrange Ac Co.; Fauset,
Steele Ac Co., and Simpson,
Emery Ac Co., Inc.

stock

common

of

in

expansion

stock

development
Offered by company

shares

of

Ac

Salomon

privately.

Reflector

12,250 Pittsburgh

All sold.

shares

etc.
Price, 25 cents per share.
public, without underwriting.

(par

3,000,000

cents

25

costs,

1,250,000 Loma

common

speculation."

a

&

by Capper & Co. "as
100,000 Globe

at

shares

accrued

shares of

3,000,000

for

40,000

.stock, series A (par $10).
Purpose,
working capital.
Price, at par and
dividends.
Offered
by
Kay, Richards Ac Co.;
Kroeze McLarty Ac Co.; Reed, Lear Ac
Co.; Hulme, Applegate Ac Humphrey, Inc.; Cunningham, Schmertz Ac
Co.,
Inc.; Arthurs, Lestrange Ac Co.; Fauset, Steele Ac
Co., and
Simpson, Emery Ac Co., Inc.
for

Purpose,

Price,

Notes"

convertible

All sold.

Corp.

Purpose,

Placed

275,000 Pittsburgh

10

(par

and

and

and

Corp.
2,900,000
shares of
capital
cents). Purpose, for drilling, etc. expenses
equipment.
Price, at par.
Offered by Whitney Ac

stock

Corp.

600,000 Northern Chemical Industries, Inc. 100.0C0 shares of class
B common stock
(no par).
See under "Long-Term Bonds

etc.

290,000 Col-U-Mex

Research

R.

ment

common

Morris As Co.;
Halle As Stieglitz;
H. Hentz As
Johnston, Lemon As Co.; A. M. Kidder As Co. ; D.
Lomasney As Co.; Reinholdt As Gardner; O. H. Wibbing
Co.; Willis, Kenny As Ayers, Inc., and
Woodcock, Hess
Co., Inc. Oversubscribed.

Winston

Inc.;

(par

Purpose, for equipment, capital
working capital.
Price,
$11.25
per
Van Alstyne, Noel As Co.; Bioren As

Gildden,

As

J.

cents).

Olfered

Co.,

25,000 Thunderbolt

Co.;
A.

of

*

corporate

Brothers.

Rowles,

Ac

Co.;

Shearson, Hammill Ac Co.; Sutro Bros * Ac Co.;
Underwood, Neuhaus Ac Co.; Chas. B. White Ac Co., and

pre¬
v

Purpose,

privately

Co.;

Purpose, for exploratory and devel¬

Price, 15 cents
speculation."

Uranium

five

(par

Cranium

Russ
Ac

Boenning As Co.; J. C. Bradford As Co.; Butcher As
Sherrerd; Clayton Securities Corp.; Cohen, Simonson As
Co.; Cohu As Co.; Dooltttle As Co.; Draper, Sears As
Co.;
Dreyfus As Co.; Francis I. duPont As Co,; Ferris As

$294,000 Big Red Cranium Co. 2,940,000 shares of common stock
(par one cent). Purpose, for exploration and development
costs.
Price, 10 cents per share. Offered by Honnold &
Co., Inc. "as a speculation."

Copper;

share.

Sulphur

improvements

IRON, STEEL, COAL, COPPER, ETC.

ton

I.

Stewart Ac Co.

Associates, Ine. 295,000 shares Of
cents). Purpose, for working capital,
Offered by F. M. Hall Ac Co.

10

Inc.

(par

Placed

2,250,000 Mexican

share.

68,700 Ol

Hammill

3,675,000 Texam

com¬

Co.;

a

Ac

Newson; Stein Bros. Ac Boyce; Texas National Corp.;
Fridley Ac Hess; J. R. Phillips Investment Co.; Dittmar
Co.; Muir Investment Corp.; H. I. Josey A; Co.;
Lentz,
Newton
Ac
Co.;
Scherck, Richter Co.; Courts Ac Co.;
Clark, Landstreet Ac Kirkpatrick, Inc.; Keith Reed and
Co.,
Inc.; Southwestern Securities Co.,
and
Harold S.

speculation."

purposes.

by H. M. Payson & Co,

L.)

per

253,500 Luria-Cournand,

$69,608,310

>

Price,

"as

Inc.; C. F. Cassell U Co., Inc., and J. C. Wheat & Co.

Underwritten

( George
stock (par

common

84,000 West Virginia Water Service Co. 800 shares of $5 cumu¬
lative preferred stock (no par).
Purpose, for construction
program.
Price, $105 per share and accrued dividends.

to

Hentz

Kidder,

F.

295,000 Headley

Co.

Under¬

Ac

for working capital, etc. Price, $2.50
by Aetna Securities Corp. on a "best

Offered

efforts" basis.

(par

general

C.

Ac

common

Chisholm

As

120,000

Purpose,

share.

per

Wyllie and Thorn-

Inc. "as

Bell

cents).

Bean

for

share.

Oil &
Gas Co. 470,000
shares of capital stock
(par $1).
Purpose, to repay bank loans and for ex¬
ploration ; and development costs,' etc.
Price, ; $2.50 pet*
share.
Underwritten by Rauscher, Pierce Ac Co.,
Inc.;
Henry Dahlberg Ac Co,; Binford-Dunlap, Inc.;
A.
GL
Edwards Ac Sons; Clement A. Evans Ac Co.,
Inc.; Sanders,

Purpose, to repay bank loans, buy
working capital.
Price, $2 per share.

Singer,

Dersch As Co.,

300,000 Graham

Corp.

and

per

1,175,000 Oroco

$1).

for

and

by

Clock

A.

stock

common

loans

$36.50

Brothers;

ing,

L.)

(par

equipment

Price,

.v,. •

of

bank

Ac
McDowell;
Sutro
Ac
Co.;
Union
Corp.; Van Alstyne, Noel Ac Co.; Wertheim At
Co., and Dean Witter Ac Co. Oversubscribed.

Oversubscribed.

stock

mon

Inc.;
Paine,

533,750 Virginia Telephone & Telegraph Co. 35,000 shares of com¬
mon stock (par $10).
Purpose, to repay bank loans and
for
new
construction.
Price, $15.25 per share.
Under¬
written by Scott, Horner Ac Mason, Inc.; Mason- Hagan,

Ac

;-V;

shares

reduce

Securities

capital.

Underwritten
by Varnedoe,
Pierce, Carrison, Wulbern, Inc.

(William

H.

Frank, Meyer Ac
Straus,
Blosser

Sons;

working

(par

Hornblower Ac

Co.;

liam

by Loewi Ac Co.;

Byllesby Ac Co.

Edwards &

300,000

to

stock

common

-

Underwritten

M.

A. G.

Co.;

Co.;

common

Underwritten

Corp. 30,928 shares

(17,859).

Co.

son,

stock

common

preferred and two

one

repay

speculation."

a

hill.

I

of

Weeks; E. F. Hutton A: Co.; Kaiser
Peabody Ac Co.; Lazard Freres Ac Co.;
Irving Lundborg Ac Co.; The Ohio Co.; Paine,
Webber.
Jackson Ac Curtis;
Peltason, Tenenbaum Co.; Reinholdt
Ac
Gardner; Rodman Ac Renshaw; L. F. Rothschild As
Co.; Scherck. Richter Co.; Schwabacher & Co.; Shear-

stock

common

"as

OH

Purpose,

Fay;

Ac

working capital. Price, $2.75

shares

units

to

shares

Ac

Ac

Shearson, HamCo.; Straus, Blosser Ac McDowell, and G. H. Walker

Ac

300,000 Gilbert

Ac Stringfellow; Spen¬
Taylor Ac Co., Inc.; Tucker,
Weld Ac Co.; Willis, Kenny Ac

and

10,000

in

for

Batkin

share.

As

Strader,
White,

109,000

by

(par $25)

Pont &

per

Co.;

Ac

F. S. Moseley & Co.;

Inc.; Dean Witter & Co.,

McCormick

149,500 shares of common stock (par 25 cents).
Purpose .for equipment and working capital. Price, $2 per
share.
Offered by S. D. Fuller As Co. and J. B. Boucher

Inc.; Scott

Mason,

Co.;

Inc.

Inc.

Webber, Jackson Ac Curtis; Riter Ac Co.; Rohrbaugh Ac Co.;
cer

shares

for expansion and working capitaL
Underwritten by Bache Ac Co. Over¬

Allyn Ac Co., Inc.;
Securities Corp.; Bache Ac Co.;
Ball, Burge Ac
Kraus;
J.
Barth
Ac
Co.;
Bateman,
Eichler
Ac
Co.;
Bear, Stearns & Co.; Blair & Co. Inc.; Blyth Ac
Co..
Inc.; Bosworth, Sullivan Ac Co., Inc.; Burnham and
Co.;
Crowell, Weedon Ac Co.;
Dempsey-Tegeler Ac Co.; Dewar,
Robertson
Ac
Pancoast; Francis I. duPont Ac Co.;
El worthy
Ac
Co.;
Emanuel,
Deetjen Ac Co.;
The
First
Boston
Corp.;
First Southwest Co.; Goldman,
Sachs At
Co.; Granbery, Marache Ac Co.; Gruss Ac Co.;
Hallgarten
Ac
Co.;
Harriman
Ripley
Ac
Co.,
Inc.;
Hayden, Stone

299,000 Elco Corp.

Co.;

Mason-Hagan,

Coe;

Ac

Mitchum, Jones Ac Templeton;
Scott,

du

stock

Ac

Hewitt;

Monday, May 30, 1955

.

American

Co.;

18,100 Dixon-Powdermaker Furniture Co. 4,525 shares of

Inc.;

Lehman

Co.;
Ac

convertible

Co.;

Co., Inc.; Goodwyn Ac Olds; Harriman Ripley
Hayden, Stone Ac Co.; Hooker Ac Fay; Hornblower <fc Weeks; W. E. Hutton Ac Co.; Investment Corp.
of
Norfolk; Johnston, Lemon & Co.; Jones, Kreeger Ac
Ac

240,000

share.

corporate
purposes.
written by Lehman

As Co.

Inc.; Dominick Ac Dominick; Drexel
The First Boston Corp.; Folger,

Co.,

Estabrook

Co,

Purpose,

Offered

Purpose

Ac

mill

Dickson

Ac

Son

shares

Sons; Carolina Eecurities Corp.; C. F.
Cassell Ac Co.. Inc.; Coffin Ac Burr, Inc.; Davenport & Co.;

$1).

Moseley Ac Co.;

subscribed

Ac

10,950,000 Monterey

share.

per

subscrip¬

Ac

S.

$13.50

(par

general

expenses.

for

Co.; Bateman, Eiohler & Co.; A. G. Becker Ac Co., Inc.;
Bosworth, Sullivan Ac Co., Inc.; Branch, Cabell Ac Co.;

Co.;

for

preferred stock (par $25).
Purpose, for
working capital.
Price, at par.
Offered
by company for subscription by common stockholders. Un¬

Ac

R.

and

and

I.

Ac

stock

common

expansion

by Stone Ac Webster Securities Corp.; Anderson
Strudwick; Robert W. Baird Ac Co., Inc.; Baker, Watts

Brown

Loewi

S.

773,200_Compo Shoe Machinery

written

Alex.

of

and working capital.
Price, $27 per unit.
by Schuster & Co., Inc. Oversubscribed;

common

Oversubscribed.

stockholders.

common

Chemical

stock

lative

company

F.

Newbold's

10 cents)

shares.

bank

construction

Purpose,
for
share.
Offered by

per

Co.;

Co.;

H

10 cents).

270,000 Cavitron,

with

shares of

600,200

Illinois

W.

share.

per

,

Electric

stock

tion

of

Co.

The

Milwaukee

Co.;

299,750 Brothers

cumu¬

loans and
the Mutual
and Berkshire Life Inretire

to

privately

Co.

suranee

f 17,405,800

Placed

shares

Mullaney, Wells
Paine,
Webber,
Jackson Ac Curtis; Piper, Jaffray Ac
Hopwood; Rogers Ac
Tracy, Inc.; Suplee, Yeatman Ac Co., Inc.; A. H. Vogel Ac
Co., and G. H. Walker Ac Co. Oversubscribed.

2,000

Offered by company for sub¬
without underwriting.

Purpose,

construction.

new

Co.;

The

Ac

(par

Co.

•250,000 Orange County Telephone Co. 2,500 shares of 5%
lative

for

stock.

Telegraph

&

(par

at par.

stockholders,

by

in

preferred

$6

Telephone

stock

common

loans.

scription

issued

were

of

shares

Carolina

&

shares
bank

of

number

200,000 Norfolk

shares

30,499

300,000

refunding
($1,483,200)
purposes ($2,566,800).
Price,

(Inc.); Clayton Securities Corp.; Julien Collins As Co.;
Cruttenden & Co.; Dempsey Ac Co.;
Dempsey-Tegeler Ac
Co.; Emanuel, Deetjen Ac Co.; Fairman, Harris Ac Co., Inc.;
Farwell, Chapman Ac Co.; W. C. Gibson Ac Co.; Goodbody

Inc.;

Carey,

Co.

by Blair Ac Co. Incorporated; A. C. Allyn Ac
Co.,
Inc.;
Bacon,
Whipple Ac Co.;
Badgley,
Frederick,
Rogers Ac Morford Inc.; Bateman, Eichler Ac Co.; Blunt
Ellis Ac Simmons; Boettcher Ac Co.; H. M.
Byllesby Ac Co.

Fauset, Steele Ac Co.; Goodbody Ac Co.;
Friedrichs & Co.; Joseph, Mellen
Ac
Miller.
Inc.; Reinholdt Ac Gardner; Smith,
Moore Ac
Co.; Strader, Taylor Ac Co., In.; Suplee, Yeatman Ac Co.,
Inu.; Woodard-Elwood Ac Co., and Wurtz, Dulles Ac Co.
An

Corp.

Purpose,

$5 per
subscribed.

Underwritten

Weil, Labouisse,

Howard,

Gossett

Purpose,

corporate

Dain Ac Co.;

M.

Oil

cents).

Price,

privately for investment.

&

$2).

E. F. Hutton & Co.; Pacific Northwest Co.;
Co.; Boettcher Ac Co.; Chace, Whiteside, West

Winslow,

J.

50

,.

i..

4,050,000 Bell

Light

&

berger & Co.;
Bioren

1,200,000 Magma

•$313,900 Baird Associates, Inc. 31,390 shares of capital stock. Pur¬
pose ,for general corporate purposes.
Price, $10 per share.

$100).
Purpose, refunding.
Price, $105 per share. Offered by White, Weld &
Co.; Kidder. Peobody Ac Co.; Central Republic Co. (Inc.);
Drexel
&
Co.; Lee Higginson Corp.;
Estabrook Ac Co.;
Hirsch & Co.; Blunt Ellis Ac Simmons; Bosworth, Sullivan
&
Co.
Inc.; Francis I. du Pont Ac Co.; Anderson As
Strudwick;
Arthurs,
Lestrange
Ac Co.;
Hallowell, Sulz¬
cumulative

V

The Commercial and Financial Chronicle

"

Price,

$2

per

Insurance

Purpose,
share.

Co.

to

150,000

increase

Offered

by

shares

of

capital and
company

to

without underwriting.

250,000 Ritter Finance Co., Inc. 100,000 shares of class B common
stock
(par $1).
Purpose, for general corporate purposes.
Price, $2.50 per share.
Underwritten by Stroud Ac
Co.,
Inc.; Boenning Ac Co.; Blair Ac Co., Inc.;
Hallowell, Sulz¬
berger Ac Co.; Battles Ac Co., Inc.; Suplee, Yeatman Ac
Co.,
Inc.; Thomas Ac Co.; Rambo, Close Ac Kerner, Inc.; Booker
*

Represents

issues

placed

t Indicates issues sold

privately.
competitively.

t Indicates special offering.

.•

.

1

Volume

Number 5433

181

Brothers,

i

\

&

Co., Inc. 700 shares of 5%% preferred
and 7,000 shares of common stock, class B

Finance

Ritter

stock (par $50)

in units of one preferred and 10 common shares.
for general corporate purposes.
Price, $70 per
Offered by company to public, without underwriting.

par $1)

Purpose,
unit.

Hunter

(par

of Florida.

cumulative

$10).

Alliance, Inc. 30,000 shares of 6%
preferred stock, series A
(par
working capital.
Price, at par.
Of-

for

&

Co.,

stock

Blyth

shares of capital stock
(par $10).
Purpose, for working capital.
Price, $20 pershare.
Offered
by company for subscription bjr'tetockIndemnity

284,600 Transport

Co.

14,230

29,497,525 Republic
(no

Salomon

149,988 Van Horn Butane Service 24,998 shares of common stock
(par $2.50).
Purpose, for expansion and working capital.
Price, $6 per share.
Offered by company for subscription

Co.,

Underwritten by

by common stockholders and employees.
Schwabacher & Co. and J. Barth & Co.

Representatingr

/;' $601,328 Ashland Oil &
stock (par $1).
Becker

Co.

&

Refining
Price,

Inc.

shares

46,256

Co.

$13

and

Financing

New

share.

per

Merrill,

of

Offered

Turben

A.

G.

scribed.

stock

ton

&

Co.;

Hooker

&

Kidder,

Perbody

da Pont

California

& Co.;

Co.;

Hill

Crowell,
&

&

Oct.

Co.;
Co.;

Wiesenberger &

Witter

and Dean

Co.,

37,500 California
of

Storage

stock

share).

•

stock
&

(no

Price,

par).

stock

Cement

(par $15).

by Varnedoe, Chisholm
Wulhern, Inc.

Carrison,

and Pierce,

Inc.

5,898 shares of common stock (par $1).
Price, $G0.50 per share. Offered by The First Boston Corp.
Completed.

•2,600,000 Duke

&

Sold

1977.

due

rache

2.65%

Co.

Power

bonds

first

privately

and refunding mortgage
through Granbery, Ma-

Co.

Central

BlyCh & Co.,

Republic Co.

Doolittle

&

A.

Co.;

Brush, Slocumb & Co., Inc.;
Cooley & Co.; Courts & Co.;
Boston

Inc.;

(Inc.);

Marache & Co.; Hemphill, Noyes & Co.;
Weeks;
W. E. Hutton &
Co.; Johnston,

Granbery,

Corp.;

Hornblower

&

&
Co.;
Kidder, Peabody & Co.; Lee Higginson
Lehman Brothers; McCormick & Co.; McDonald &
Co.; Merrill, Turben & Co.; Newhard, Cook & Co.; The
Ohio
Co.;
Paine,
Webber, Jackson & Curtis;
Peltason,

&

Jaffray

Piper,

Hopwood;

&

$3

per

share.

Offered by

Scribner;

Inc.;

Co.,

Securities

Stein

Stone

Corp.,

Bros.

&

Webster

&

and

Nicolaus

Stifel,

Boyce;

Securities

Witter & Co.

Dean

Corp.; Union
Oversubscribed.

Shields

Stores,

Department

stock

mon

(par

$5).

Price,

Inc.
$57

5,000 shares of com¬
share.
Offered by

per

Completed.

Co.

&

121,250 Foote Mineral Co. 2,500 shares of common stock (par $1).
Price, $48.50 per snare.
Oxtered by Lee Higginson Corp.

Completed.

Taxes

by

Dean

Net

Timber

Products

Celiucotton
(par

Co.

shares

7,500

of

Offered

Price, $45.75 per share.

$1).

Witter & Co.

Oversubscribed.

—..

Sc

Y/est

Whiteside,

Bateman, Eichler & Co.; Chace,
Winslow,
Inc.;
Gottron, Ruasell &

Inc.;

Co.,
&

Co., Inc.;
McDonald-Moore & Co.; Nau-

Jenks, Kirkland & Grubbs;

McFawn & Co.; Shillinglaw. Bolger & Co.;
Hague, Noble & Co.; Bradbury-Ames Co.; King
C. F. Cassell & Co., Inc.; William N. Pope, Inc.;

man,

Inc.,

Co.,

&

Erb

and

Vander

J.

Moere

&

Smith,

& Co.;
Green,
Co.
Over¬

subscribed.

The

shares of common stock (par
share.- Offered by Atwill &
Completed.

270,000 Missouri Insurance Co. 12,000 shares
(par
$5).
Price, $22,50 per share.
Walker & Co.
Completed.
74,375 Northern Illinois Gas
stock (par $5). Price,
6i

Inc.

Co.,

Co.

3,500 shares of common stock
Offered by Blyth

per

Completed.

mon

stock

Marks
G.

H.

Kraus;
&

Co.;

Singer,

&

(par

Co.;

Walker

Co.;

&
Co., Inc.;
Bache <5s Co.;

Shields
Ball,

& Co.;
Burge

& Co.; Goodbody & Co.; Lester, Ryons
Milwaukee Co.; Piper. Jaffray & Hopwood;
& Scribner; Bateman, Eichler & Co.; H.

Courts
The

Reynolds
&

Deane




(& Subs.)—Earns.
1955
1954
$12,510,870 $10,176,700

472,255

570,704

237,000

$308,704
$0.34

$235,255
$0.27

share

plants—one at

two

These

.

(& Subs.)—Earnings Show

before

Taxes

Gain

1955—12 Mos.—1954

1955—3 Mos.—1954

$67,066,743
3,119,753
1,737.000
1,637,600

$16,924,125 $15,485,002 $69,499,681
income taxes
687,524
546,646
3,372,516

sales

Inc.

355,200

283,700

$332,324
611,030

$262,943
601,030

$0.54

$0.44

income

on

income

and

per

—V.

131, p.

each

in

Months Ended

Loss

from

loss

—

proceeds from the financing will be used by the
redeem $4,100,000 principal amount of its outstanding
mortgage and collateral trust bonds, 3%% series due 1983; to
to

first

$1,400,000 of short-term bank loans presently outstanding, and
provide funds for the construction, completion, and extension or

prepay

improvement of the company's facilities.
is

BUSINESS—Company
State

the

of

Avon,

Whitman.

The

has

served

area

of

the

fiscal

this

loss of

an

net

the

income

had total operating
$993,375.—V. 181, p. 2115.

company

of

Canada—Plans to Erect Mill—
directors

The

it

property,

River)

was

announced

proposals for
on May 18.

being most seriously considered proposes the erection
to 500 tons per day acid leach mill on the property.
Estimates for the complete development and equipping of
one

of a 300

have

production

The

April 9 filed a letter of notification with the
of common stock (no par) to be offered
through Herbert T. Grubb, President. The net
to be used to pay expenses incident to oil activities.

corporation

covering

$25

on

shares

800

share,

per

proceeds are

Commission—

With Securities and Exchange
filed

a

details

the

of

made

been

corporation to acquire the stock of the Goodman

of the offer of this
Lumber Co., Goodman,

Wise.
Calumet

&

will

Hecla

114,000

issue

shares

of common stock

in ex¬

change for all of the common stock of the Goodman company.
pletion of the deal hinges upon acceptance of the terms by the
vidual shareholders of the latter firm.
The Goodman company operates

conversion

It

and

has

a

70,000

owns

been

under

a

sawmill,
acres of

sustained

Com¬
indi¬

mill and a wood
timberlands in northern
forest management

a veneer

yield

since 1927.

program

The

plant,

of

acres

p.

Goodman

would not be rh»ne#»d.

company

Thp

long range diversification
Calumet & Hecla already own 200,000
Keweenaw Peninsula of northern Michi¬

of Calumet & Hecla.
timberlands

the

on

These forests are also operated on a

sustained yield basis.—V. 181,

1438.

The
for

company

erecting

built

a

on

seasonal

It

is

when
1.300

a.

announced on May 12 that it has awarded a contract
year round plant in Napoleon, Ohio.
It will be
tract of land, part of which is now being used for

new

operations.

It will serve the state of Ohio

2,000 employees.

and adjoin¬

ing states.
The

At part of the consideration

Kentucky Natural Gas Co.
chase,

Gas Co.—Acquisition—

Inc.,

for such pur¬

Central Kentucky will assume the current and miscellaneous
of Frankfort and
the latter's outstanding 3%%
bonds in

liabilities

balance of the consideration will consist
shares of newly issued common stock of
its 4,000 shares 'of ™it«tanHin<r stock,
Frankfort will receive 8% shares of ColumbJa. Gas stock.
Central will
issue additional shares of
its common stock to Columbia <jas in an

the

in

aggregate
shares

of

excess

33,050

For

Gas.

each

of

amount equal to the book valfte
acquired ($435,875 as of Dec.
stock).—V. 180, p. 719.:M,{<;1'

par

Frankfort

The

$528,000.

of

amount

not

Columbia

being

Central

of

Central

of the net ssets of
31, 1954, or 17,435
•

Co.—To Borrow—

Power & Light

the SEC for authorization to borrow
ten banks; and the Commission has
given interested persons until May 31, 1j55, to request a hearing
thereon.
The funds are to be used to finance temporarily a portion
not

of

in

has

company
excess

of

company's

the

from

expenditures during
181, p. 2354.

construction

1955.—V.

1,

June

to

applied

$9,000,000

the nine months

de

Cerro

Pasco

"Despite

the

continuing

corporation's net current
the first quarter of the
$28,914,189
under

Asset Position Im¬
President, on May 11, said
^

Corp.—Current

proved—Robert P. Koenig,
in part:
'

expenditures for capital improvements, the
assets increased by about $3,000,000 during
year and at March 31,
1955 amounted to

without taking into account $8,000,000 borrowed in March
loan agreement arranged to assist the corporation

five-year

a

providing its share of funds expected to be required for
Peru Copper Corp.
"The corporation now owns interests in some 15 wells
Texas
and
Illinois and exploration
is in progress in
in

the Southern
in Louisiana,

tlm Denver-

Colorado, In addition, mineral and lease ac¬
quisitions have been made in Montana. As of April 30 of this year,
over half
of our expenditures in our oil and gas program have been
made
in
East
Texas and
Louisiana where we have had the good
fortune to participate in the drilling of 10 tests, of which nine have
resulted in producing gas and condensate wells.
A multiple prospect
program (in which the corporation has a minority interest)
in Texas
along the Gulf Coast resulted in the discovery of a gas and con¬
densate field in Colorado
County, Texas.
The fourth well in this
field is now being completed."
See also V. 181, p. 2239.

Julesburg

Basin

of

370-acre

expected that construction will be finished by late 1956, and
in
full
operation
the plant personnel
will include between

and

operating

„

identity of the

program

companies

authorizing this company, subsidiary
to acquire the assets of Frankfort

order

an

Gas System,

Columbia

beginning

has

other

Acquire Lumber Firm—

Calumet & Hecla, Inc.—To
Announcement

issued

has

SEC

The

The

registration statement with the SEC on May
23, 1955, covering $3,000,000 of participations in the Employees Sav¬
ings Plan to be offered to eligible employees of that company and
certain other participating companies.—V. 177, p. 138.
company

nine

interest in these claims are to be transferred
mining company in which Central Exploreres will hold a
interest.—V. 180, p. 623.

Central Kentucky Natural
The
of

Co., Ltd., New York—Registers

Oil

Texas

California

with

together

summer,

area.

new

a

of

Calif.—Files With SEC

of

corporation's 50%

substantial

been

now

develop and equip the mine and

this

the
The

the mine

completed. The total capital required
provide for an acid leach plant up
to 500 t.p.d. capacity is estimated
to cost approximately $3,800,000.
The capitalization of this company is 3,000,000 shares with 2,200,005
shares issued.
The company has cash and investment assets totaling
$332,500. No stock options are at present outstanding.—V. 180, p. 998.
for

a

early

to

has

Bay area in

Ungana

discovery

Hanna

in

several production

have under study

now

(Blind

Algoma

acquired a 50% interest in 104 mining claims
northern Quebec, where a recent coppermajor importance was made by Holhanna Mines
joint venture, owned by Hollinger Consolidated Mines and the
iron Ore Co, Extensive exploration is planned for this area

nickel

Ltd., Toronto, Out.;

Explorers Ltd.—Acquisitions—

company

the

Ltd.,

their

a

tax

Income

Central
in

Buckles Algoma Uranium Mines

The

The

show

year

Federal

net

West Bridgewater and
aggregate population of approxi¬

Pembroke,

1954,

year

and

$7,320,740

results for the six months ended April 30 of
net loss of $1,371,285 after giving effect to
credit of $400,000.
This compares with a
$2,906,651 in 1954.—V, 180, p. 907.

in. 1954.

$835,429

This

EARNINGS—For

carry-back.

quarter—February, March and April—•

company

in

mately 160,000.

revenues

loss

"480,000
2,906,651

Communities

Hanson,

Hanover,

from

the second

of

3,386,651

*400,000
1,371,285

had profitable operations.
The profit from operations
the second quarter of 1955 amounted to $2,015,805, compared with

the

the

utility operating wholly within
served include Brockton,

electric

an

Massachusetts.

Abington,

month

each

In

arising

credit

•Represents

PROCEEDS—Net
company

$2.42

1,771,285
credit

tax

601,030
$2.68

1955
1954
1—-- $43,681,198 $41,129,318

operations

income

$1,482,153
601,030

$1,635,516

Improvement—

April 30—

—

V

"

case.

share
1307.

Case Co.—Reports

(J. I.)
Sales

to par, and at special
to par, plus accrued interest

outstand.

shrs.

Earnings

Campbell Soup Co.—To Erect New Plant—

Manufacturing Co. 225,000 shares of com¬
$5).
Price, $16 per share.
Underwritten
by Hornblower & Weeks; Glore, Forgan & Co.; Harriman
Ripley & Co., Inc.; Kidder, Peabody & Co.; Paine, Web¬
ber, Jackson & Curtis; A. G. Becker & Co., Inc.; Central
Republic Co., Inc.; Hayden, Stone & Co.; Laurence M.
(C. A.)

3,600,000 OJsen

':

•' '

,

which

Co.,

Tenn.

Net

gan.

$21.25 per share.
Completed.

,

262,000

common

per

has

phis,

acquisition would make Goodman part of the

of common stock
Offered by G. H.

•>

Carey Manufacturing Co.

Lehon

1955,

Federal

Wisconsin.

12,000 Mackey Airlines, Inc. 6,000
23y3
cents).
Price, $2 per
Co. and Emerson Co«k Co.

mining

to be used to pay expenses incident to

are

earnings

regular redemption prices ranging from 104.875%

This

2,295,000 Jarecki Corp. 180,000 shares of common stock (par $1).
Price, $12.75 per share.
Underwritten by Baker, Simonds
& Co.;
The First Cleveland Corp.; MacNaughton-Greenawalt & Co.; Hudson White & Co.; J. C. Bradford & Co.;
Pusz-Schmelzle
&
Co.;
Wm. C. Roney & Co.;
Straus,
Elosser & McDowell;
Van Alstyne, Noel & Co.; Blunt,
Ellis
&
Simmons;
Cruttenden & Co.;
Fairman, Harris

letter of notification with the SEC

a

was
acquired the latter part of February,
Wilmington, 111., and the other at Mem¬
operations produce "Mule-Hide" asphalt roofing
materials
and
paints, as
well as many automotive and railroad
products.—V. 176, p. 2062.
■

A

by

4,000 shares of common stock
share.
Offered by Blyth &

Co.

$112

class

of

Offered

(Continued from page 2)

SEC

stock

(Utah)—Files With SEC—

April 27 filed

income

on

Six

at

common

of

Sales

Investment News

1,988,738 Foster Wheeler Corp. 54,300 shares of common stock (par
$1).
Price, $36.62 % per share.
Offered by Allen & Co.

343,125 International

increased
period

revenues

corresponding

the

$9,971,000 to $196,903,000.
$11,018,000 in net revenue over
by

Earnings before taxes on income

Earnings

31,900 shares
$59.75 per share.
Inc.
Completed.

Corp.

Price,
& Co.

Cal-Cobra Oil Corp., Gardena,

2,075,000 Great Western Sugar Co. 100,000 shares of common stock
(no par).
Price, $20.75 per share. Offered by Blyth &
Co., Inc.
Completed.

with

3 Months Ended March 31—

shares

General Corporation

—

Completed.

operating

1671.

p.

proceeds

Common

to

t285,000 Federated

improvement

an

181,

(Philip)

Net

Reinholdt &

&

&

Deane

Co.;

Riter & Co.; The Robinson-Humphrey Co., Inc.;
Renshaw;
L. F.
Rothschild & Co.; Singer,

Rodman

$53,693,000, an increase
in 1954. Operating ex¬
result that net revenue

t Indicates special offering.

Corp.;

Gardner;

in

'■'A

:

Lemon

Tenenbaum

net

The

shares of class B

•Represents issues placed privately,
t Indicates issues sold competitively,

Edwards & Sons; The First

G.

the

decreased

Carpenter Paper Co.

to

7,200,000 Federal Paper Board Co., Inc. 200,000 shares of common
stock (par $5).
Price, $36 per share.
Underwritten by
Goldman, Sachs & Co.; Ball, Burge & Kraus; Bateman,
Eichler & Co.; A. G. Becker & Co., Inc.; Blunt Ellis &
Simmons;

and J. S. Hope &

redemption prices receding from 101.50%

Corp.

with

compared

Period End. Mar. 31—

per

& Co.,

resulted

year.—V.

Net

281,900 Dixon-Powdermaker Furniture Co. 70.475 shares of com¬
mon
stock (par $1).
Price, $4 per share.
Underwritten

356,829 Dravo

Oil

&

Price,

$25).

Co., Inc.

Co.

$32

Price,

month

this, year,

of

Carbon Uranium Co.

share.

per

Ripley

448,000 Weyerhaeuser

30.000 shares of common
share. Offered by G. H.
Walker
&
Co.;
Boettcher & Co.; Quail & Co.; Stern
Brothers & Co.; Loewi & Co., and Woodard-Elwood & Co.
Portland

960,000 Dewey

were

year

same

$2,614,000

expenses

The company on

Co.

$9

the

covering 746,280 shares of common stock (par one cent) to be offered
at 25 cents per share through J. E. Call & Co., Salt Lake City, Utah.

Completed.

Inc.

Co.,

by

$206,118,000,

Operating

last

5,000 shares of common
per share.
Offered by Blyth

Publishing

45,OOC Crowell-Collier

this

April
with

months

four

to

1954.

This

$63,117,995

Tractor Co. 11,000 shares of common stock
par $10).
Price, $75.25 per share.
Offered by Kidder,
Peabody & Co.
Completed.

1827,750 Caterpillar

first

$1,047,000
of

reduced

Increased—

Rys.—Revenue

by $4,345,000.

the

In

718.

p.

in

compared

were

penses

\

100,000

$1).

(par

Harriman

Distributing Co. 1,500 shares
Price, at market (about $25

&

$1).

(par

Offered by C. L. Wells & Co.

180,

National

revenues

$1,731,000

increased

Light Co. 3Va% first mortgage bonds due
Price. 1023/4% of principal amount. Offered

Sulphur

stock

& Co.

$0.44

1,903,048

and

&

1984.

1,

(par

Cold

common

per

6,800

Corp.

$13.50

Power

Union

Oversubscribed.

1954.—V.

Operating
of

by Shearson, Hammill & Co.

1,906,025

Piper, Jaffray & Hopwood; Rogers & Tracy,

Scherck, Richter Co.; Singer, Deane & Scribner;
Smith, Barney & Co.; Stroud & Co., Inc.; White, Weld &
Arthur

Corp.

Price,

cents).

Co.

Rubber

Price,

250,000 Texas

Co.;

Inc.;
Co.;

31,

Canadian

of common stock (par
Underwritten by The Ohio
Company to residents of Ohio only. All sold.
Swan

$1).

The First Bos¬

Richards

Hornblower & Weeks;
Janney &
Co.; Loewi & Co.; McDonald &

Fay;

The Ohio Co.;

I.

rrancis

First

Corp.;

Blyth & Co., Inc.;

Eichler & Co.;

Bateman,

"Weedon

five

(par

Aetna Secuirties

1,350,000

as

were

1955

operations.
Plastics

Reinforced

20,400 Russell

5,280,000 Bell Aircraft Corp. 240,000 shares of common stock (par
$1).
Price, $22 per share. Underwritten by Eastman, Dil¬
lon & Co.; A. C. Allyn & Co., Inc.; Arthurs, Lestrange &
Co.;

Paul & Lynch,

Co.;

held

stock

There

March

Sulzberger & Co.; Battles & Co., Inc.; Suplee,
Co., Inc.; Thomas & Co.; Rambo, Close &
Inc.;
Booker
Brothers,
Inc.;
Bioren &
Co.;
&

$951,529

of

shares

1,913,910

31,

.

Co.

Oversub¬

905,190

$1.66% par value common
shares at March 31, 1954.
in
the treasury
5,800 shares of $1.66% par value
of March 31, 1955 and 22,200 shares at March 31,
issued and outstanding 48,441 shares of $4.25 cumu¬
stock
at
March
31,
1955
and
50,072
snares
at

preferred

of common
Offered by

&

Thayer, Baker

common

by

Co.

&

Kerner,

1,853,719

1,256,14,0

stock
1954,

(after pfd.
$104,621;

share

issued

March

lative

Inc. 25,000 shares of class B common
stock (par $1).
Price, $2.50 per share.
Underwritten by
Stroud & Co., Inc.; Boenning & Co.; Blair & Co., Inc.;
Yeatman

2,477,035
income—-

on

—

common

were

1954.

Ladenburg, Thalmann
M. Loeb, Rhoades &
Oversubscribed.

Co.

&

of

common

Corp. 434,586
shares of common stock
Price, $67.87% per share.
Offered by Union
Bear, Stearns & Co.; Lehman Brothers;
Bros.
& Hutzler; Allen & Co.;
A. C. Allyn &

Wertlieim

and

Hallowell,

Not

There

of common stock
Offered by Blyth

1

.

$1,220,915

foreign taxes

requirements^- 1955

were

as

62,500 Ritter Finance Co.,

$4,523,058

Issues

There
stock

Corp.;

Co.;

foreign

$106,406)

of common
Offered by

1

and

S.
1

U.

$0.58

and

per

dividend

'

■

for

income

on

income

Net

Over¬

provision

States

Earnings

Inc.; Goldman, Sachs & Co.;
Lazard, Freres & Co.; Carl

Co.,
&

taxes

Steel

par).

Securities

holders, without underwriting.

Completed.

Inc.

Inc.
.-

Sound Power & Light Co. 3,000 shares
(par $10).
Price, $33.50 per share.
& Co., Inc.
Completed.

100,500 Puget

fered by company to public, without underwriting.

t

Corp. 3,000 shares
$13.50 per share.

40,500 Portsmouth Steel
(par $1).
Price,

participating

Purpose,

Ayres,

■•.'- v.

General Electric Co. 4,000 shares
stock
(par $7.50).
Price, $21,25 per share.
Blyth & Co., Inc. Completed.'

•

Commercial

300,000 Tilden

.

&

Kenny

Willis,
.-"•v."1 ;

and

Inc.,

subscribed.

before

United

1954

$32,745,208 $32,047,904

sales

Income

Oversubscribed.

85,000 Portland

1955

Six Months Ended March 31—
Net

Valet,
Inc.
20,550 shares of common stock
Price, $5 per share.
Underwritten by R. S.
Co.; Courts & Co.; Clark, Landstreet & Kirk-

&

patrick,

Surety Co. 7,897 shares of common stock
<par $15). Purpose, to increase capital and surplus.
Price,
S25 per share.
Offered by Pierce, Carrison, Wulbern, Inc.
and Leedy, Wheeler & Alleman, Inc. to bona fide residents

Inc.;

Grubbs.

&

$1).

Dickson

197,425 Southeastern

Inc.; Cruttenden &
Granbery, Marache

Co.,

&

Co.,

Merrill, Turben & Co.; Burnham &
& Co.;
Curtiss, House & Co.; H. L.

Kirkland

operate
Offered by

Price, $3 per share.
Securities Corp. Oversubscribed.
plant.

horse-racing

&

Co.;

102,750 One-Hour

of com¬

300,000 San Juan Racing Association, Inc. 100,000 shares
mon stock
(par 50 cents).
Purpose, to build and
a

Byllesby

Harris

13

(& Subs.)—Earnings Up

Canada Dry Ginger Ale, Inc.

Co.; Fairman,
& Co.; Loewi
Co.; E. W.
Clark
Emerson &
Co.,
Inc.;
Gordon, Graves & Co.;
Newberger & Co.;
Mead, Miller & Co.; Saunders, Stiver & Co., and Jenks,

M.

Paul

Bioren & Co.; Thayer, Baker & Co.;

Inc.;

(2469)

The Commercial and Financial Chronicle

.

.

Lynch, and J. S. Hope & Co.

6c

49,000

.

successful

Middletown,

bidder

Oliio.—V.

is

181,

the
pp.

McGraw

1201

and

Construction
1671.

Co.,

Inc.,

of

Chadbourn Hosiery
This

corporation

on

May

Mills, Inc.—Acquisition—
9

acquired

another subsidiary

Hosiery Mills, Inc., of Columbus, Ga.—through an exchange
and immediately announced a broad development program lor

J.'c.

Bolles.

President,

said

improved

Shannon
of stock
the new

production methods would be

increase

26

itself

already
weeks

Basis

25 %

of

Chadbourn
has

the

of

share

issue

an

fiscal

Gross

at

proposal

rate

a

In

Shannon

modern

excess

knits

transaction

the

for

of $20,000

On

Enterprises, Inc.—Acquires
the

1955

also

is

V.

181,

in

active

solid

Chemical

to

fertilizers

Enterprises'

and

thereby,

adds,

product

The

the

directors

May

on

18, recommended

company's capital stock be
effect the proposed stock

split

To

be

asked

to

Hide for
to

amend

of

T.

two

companies,

Dunlap,

Great

also

increase

an

10,000,000 shares

In

Rubatex

its

subsidiary,

Division

at

Connecticut

Columbus &

i

Gross

Telephone

change the

to 50 cents.

value from $1

par

Gross

net assets of the Fund have increased from $100,000 at
inception in July, 1938 to $87,240,464 on May 17, 1955. The offer¬
ing price of the Fund's shares has increased, during the same period,
from $10.31 per share to $31.36 per share.—V. 181, p. 1874.

Aggregate

Greenville

sales

Net

__

Earnings before provision

income

for

Federal and Canadian income

equipment.—V.

126,

B.

20

employees
Storage
less

market

$151,658

35,090

15,620

12,372

637

581,817
68,255

654,080

714,133

664,482

156.052

194,515

114.881

8,382

49,052

80,519

37,804

Is

estimated

$16,000,000
ceeds

of

;

____

its

$0.92

_

income—

2011.

p.

products

in

dairy,

the

Control

industries.

brewing/ food

beverage,
Cells

manufactures

units for use with equipment such as stainless
storage tanks, vessels and truck tanks. A special division is being

established
method

Cherry-Burrell to

by
load

of

measurement

promote

and

the

this

application of

in

the

181,

control

which the company is franchised.—V.

p.

important

new

industries

March—

Net

ry.

income

Jan.

ry.

—V.

1953

railway____

45,745,715

53,539,559

stock

10,855,242

11,464,467

Net

Corp.

(&

Subs.)—Earnings

unit

3954

1953

L

1952

1,577,520

1,093,804
927,384,051

into

53,922,658

'.

expenses

long-term

33,244,974

32,593,546

585,938

foreign
prof, taxes

46,000,000

10,800,000

64,000.000

41,600,000

*34,504,730

7,681,053

24,428,740

18,793,677

due

and

1553.—V.

181,

The

acquisition

ributlon

has

omponents,
mntative
All

in

Jan.

put

The

Kansas,

company

Cement

and

A

since

A

unit

second

at

Houston

will

Houston

and

179,

plants

make

from heavy

of

use

in

process

a

The

and

by

said,

all

Avron

the

to

division

of

an

company

the

as

Cary

Corp.
products.

production

plant

.rcraft

result

has

Clary

also

increased

presently

been

national

is

transferred

supplier

from

to

dustries,

of

factory in San Gabriel,
pulleys,
universal
joints

i*epre-

Long

Calif.
The
and
other

to

on
May 20 announced plans for the expansion of
distribution organization and the possible establishment
l,f
a
mani facturing
plant abroad to assemble its adding machines
* ad
cash registers for the growing Western
European market.
Hugh L. Clary, President, said that export of the company's business

"more

He

than double

said

from

a

year

and

ago

the

company's world-wide
ing enlarged and presently includes dealers
Teign countries.—V.
181, p. 2239.

sales
and

of

May 9 filed
>vering 165,500 shares of class A

exchange
for

■-

for

share

on

for

stock

basis,

of

distributors

in

options to

The

is continuing to
organization was
50

'June

without

Drv

stock

(par $1)

Ginger

Ale

underwriting.—V. 176,

the

Inc.,

the

on

to

be

partner

Increased

sales

of

civilian

-

goods,

on

in

r-conditioning equipment, more than offset
military contracts in the first four months of
this company

on

May

a

home
it

in
was

the

of

in

the

common

same

first

stock,

four

months

compared

period last year.—V.




181

were

were

with

sales

p.

1558.

or

25

or

59

cents

system

capable

is

also

cents
a

since

test

to

tabulated

with

less

and

requires

results,

2239.

quarterly

a

payable June 15,
over

the

September, 1952.
earnings for the

and

well

declared

ahead

the

of

and

than

1%

It

error.

is

first

dividend

regular
three

quarter

months

of

of

30-cent

per
of record

quarterly

pay¬

year,

Mr.

31,
James

preferred

stock

on

1954

$9,415,821

revenues——

$8,736,599
171.335

dividends—V.

and

181,

450,000
p.

$0.45

$0.87

__________

1954

shares

in

1955

and

a

share

offering
stock,
of

to

one

to

stockholders

the subscription price
of

738,721

shares

subject to action by the SEC.
new

share

stockholders

of

for

each

record

ten
June

The

shares
2

200,000

current

in

the

company's

obligations

Fibre

made

is

ft.

sq.

activities,

occupied

exnansion,

and

use

of

by

forthcoming special

Stroock

181,

attorneys;

Lavan,

&

to

William

Securities

Helmut

Rosenwald,

Chairman

bankers;

investment

Corp.,

2355.

p.

?

■

Oil

Ended

and

of

at $31
$10

a

share on its
value

par

Warrants

expire

will

June

capital

the ratio

offering will be in

held.

Show Rise—

Co.—Earnings

March

31—

1954

1955

•

Dividends,

$

interest,

Intangible

Interest

income

124.473,000

93.987,000

development
leases,

expenses

91,522 000

2.996,000

:

costs__

depletion

depreciation

2,709,000

7,693,000

taxes

6,755,000

and
822.000

State

and

income

446.000

4,000,000

4,700.000

12,142,000

11,608.000
1.19

taxes

income '■_
per

—V.

p.

180,

6,733,000

8,270 000

_

expense

Federal

Net

general

and

than

428,000

129,910.000

:

operating,
other

1,211,000

etc

income

Gross

128,699.000 124,045.000

income

1

s'mre

1-25

1975.

Cooper-Bessemer Corp.—Licenses Italian Firm—
'

A

licensing

agreement

in

Italy

build

to

has

been

certain

made

tvpes

public

of

by

Co"p->r-Bessemer
Gordon Lelebvre,

President.
•

The

explains

agreement,

Italiana

of

La

Lefebvre,

Mr.

Termomeccanica

gi"«s

Spezia, Italy the license to manufacture errant model
tvne GMXA and GMVA, V-angle engine driven com¬
ad-'ition,
Termom°ccanica
may
manufacture Cooper-

Cooper-Bessemer

In

pressors.
Bessemer
Both
for

type

sale

the

on

similar

Wolff,

the full

L.

mately

Audited

of

of

30.

hi

in

Ita'nna

Belfast,

and

North
signed

bemi

has

180, p. 2593.

Corp.—Reports Record Earnings—
announced

earnings

1955

This

of

amounted

on

this
to

eauivalent

is

May

that

23

corporation

an

all-time

to

$3.50

stock outstanding.
preliminary and are

per

the

on

basis

the

for

high

fiscal

approxi¬

of

share

the

on

Mr.

subject to final audit.
or about June 20, 1355.

expected

$2,813,848.

to be available

ended

vear

stock

Harland

with

1950

concern

are

are

fiscal

manufactured

are

capital

figures

figures

capital

made

was

Termomeccanica

President,

figures,

shares of

the

For

ings

compressors.

compressors

agreement of Harland and Wolff.—V.

April

these

motor-driven

manufacturing

of

Petroleum

$3,625,000.

1.036,000
that

and

licensing

Tollett,

ended

JM

motor-driven

mainland.

Italian

preliminary

year

and

and

building

The

Cosden
R.

FM

iice"$ing agreement

ship

Ireland.

of

EM,

engine-drivn

equal

April

to

outstanding

Daystrom, Inc.
of

30,

$3.47

at

1954

per

that

on

Tollett pointed

reported

Cosden

share

the

on

181,

time.—V.

(& Wholly-Owned

p.

net

out

earn¬

shares

810,164

958.

Subs.)—Earnings—
1954

1955

$73,816,645 $62,472,896

products

Inc. accrued

Interest,
Total

Profit

Fed.

royalties,

and

Federal

on

$63,694,979

3,581,216

other

"3,106,924

revs.__

revenues

before

350,241
862,842

$74,748,693

discounts,

taxes

932,048

long-term government contracts

on

inc.

income

(no

profit

taxes

profits tax payable)

1,865,000

1,648,000

$1,716,216

$1,458,924

658.761

exc.

Shares

___

624.911

outstanding

be

21.-

mailed

Earnings

per

share

D'vidends

The company has fixed

!

the

and

2116.

Share—

a

of

1,739,282

Consolidated Natural Gas Co.—Stock to Be Offered at

$31

Internal

the

liabilities

shares

25

debts,

Fiscal Year Ended March 31—

406.011

in

hold

all

Continental-Diamond

its

adviser

American

operating

Sales

1955

share

shares

ratified

also

of

$
Gross

cents

35

1,349,160

common

350,000

approval

to

ending March

last

income

net

per
on

to

presently

at

&

financial

Quarter

etc.—

to holders

1955

sales

♦Based

adjustments,

■

Stroock

V.

with

Incr.,

STATEMENT OF EARNINGS

warehouse

Co. under which
stock, plus $642,500

Budd

The

common

various

subject

name

retain

space

Continental

A

of

stock,

the

increase

discuss°d

of

Net

reported

$12,487,123.

$257,379

$122,251

to

and

18.

year

Earnings

flight

increase

an

Manufacturing

after

Consolidated net sales for the period
ending April 39 w°re $12,930,070.
ales in the
corresponding period last
hare

is

effect

Consolidated

heating

decline

1955,

have

revenues

were

number

Transportation

a

Profits Higher—

principally

from

for

N. Friedof the
Clifton N.
Bradley,, Vice-President of Economic Research Co., Inc., investment
advisers and of Bradley Gammons & Co., Inc., security dealers.
See

computer.

Three Months Ended March 31—

j

SEC

...

Co., Inc.—Sales and

the

Freightways, Inc.—Stock

common

This

1.

♦Earnings

Coleman

digital

a

COMPARATIVE

598.

p.

required

time

reported.

to be offered

Co.,

a

directors

share

ment

letter of notification with

common

the

was a stock option plan granting restricted
key executives of the company.
Leland James, President, explained that the increase in autimri"ed
| common stock was considered desirable in connection with the com¬
pany's continued growth and expansion.
stock

America, Inc., Boston, Mass.

American

reducing

performance.

the airborne unit of
information no matter how

by
ooeration,

Liquidation

provides

continue

will

an

compressors

|000 shares. Also approved

1955,

a

been

The stockholders, it was announced on
May 16, approved a pronosal
increase the authorized common stock from 500,000 shares to 2,000,-

—Files With Securities and
Exchange Commission—
The corporation

greatly

by

aircraft

tabulation

entire

Both

Coffee Time Products

ability to endure has
revealed on May 15.

missiles,

Consolidated

corporation

is

and

The

European

jachines

research

:;only a few hours and is performed
entirely automatic.—V. 181, pp. 2011

To Establish Assembling Plant Abroad—

i- -.crease."

was

test
high or how far the
travels, thus eliminating present telemetering range limitations.
high-speed MilliSADIC data processing unit converts
electrical signals into numerals, which in turn undergo computa¬

tion

precision-type components.

The

a

recording

the

aircraft

sales

main

makes

man's

it

system, called Datatape, is being offered
complete
package
for
the
first
time
and
will

and

Partial

divisions sold to Budd
directors' meeting. The
closing of the sale to Budd is scheduled to take place by July 1, and
the Budd Co. is taking over personnel not needed for the operation
of Haveg Industries, Inc. All officers and personnel required for that
operation will be retained.
The following new directors were elected: Peter I. B. Lavan, senior

electronic

in

used

beyond

missile

dis-

and

181,

Budd.

Marshallton

are

recording system that will accurately collect test
guided missiles in flight
while, subjected
to
engineers,

—

to

Budd

of

substant:ally

and

Inc."

Plans

Consolidated's

former

the

of

Aircraft

production

national

a

missile

When

pro¬

plant in Marshallton,
Del., and its wholly-owned subsidiary which is engaged in the manu¬
facture of
corrosive-resistant
equipment for the chemical and allied
industries and occupies part
of that plant. In addition an English
subsidiary is also being retained. Stockholders' approval was given
to
a
proposal to change the name of the company to "Hayeg In¬

and

automatic

would

retimements

company

Co.

company

amounts

liquidation,

assumes

company

Costs,

City Bank of New York has announced that it is
and refunding mortgage bonds, 3%%
series J

conditions

this

which

company

Surrendered

tape

aircraft

commercially
as
facilitate military

Avron Corp. of Long Beach,
regulator manufacturer, and has

and that
$10,000,000—V.

for the distribution of the 405,000
to Continental-Diamond Fibre stockholders in redemption

Budd

the

available

acid and recombined

sludge

710.

p.

Fibre

shares

other

partial

shares

common

in definitive form in exchange for temporary bonds
181, p. 1558.

1984,

environmental

the

over

program

about

be

produce

go

1953.

National

by

will

will

of
the
company's outstanding capital stock, thus reducing
outstanding stock from 450,000 to 112,500 shares. Under the plan
stockholder owning
100 shares would receive 90 shares of Budd

of

mid-June,

magnetic
of

construction

sale

but

basis.

stock

common

a

plant.

Consolidated Engineering Corp.—New Development—
data

best

4.V2 %

75%

stock

the world's largest producers Of
large sludge acid regeneration

of

one

stream

on

Texas

Baytown

1,

a

17 in addition to approving the agreement

May
of

405,000

Service,

la ender,

which is

acid.—V.

First

designed

purchased

the

he

for

Avron

I'sach

is

program

i

/U

share.

Ready—

evaluate

corporation

*

-

of

.1875.

p.

has

that issue.—V.

of

2239.

p.

■Calif., aircraft valve and pressure
"ncorporaled its operations into the company's expanding
:
lvision, Hugh L. Clary, President, announced on May 12.

7

after

1954 earnings

and

prepared to deliver first

.

Clary Corp.—Expands Aircraft Division—

:

1,800 stockholders. The comnun
value to a par value of $1

par

$6,275,703

were

the sulphur is extracted

new

The

26,594,318

debt_

earnings

This

4

1954

year

Baytown,

new

The

.

the

acid,

its

Bonds

Equivalent to $3.96 per share as against 88 cents per share for
same
period in 1954.
Wholly-owned foreign subsidiaries have been included in the con¬
solidation in 1954 and 1955;
such subsidiaries were not included in

5

by approximately
from no

shares of

ig

Consolidated Edison Co. of New York, Inc.—Definitive

*■

l

Budd

on

assets

some

of

Taxes,

the

s

May

on

Storey,

and

Earnings

J.Tet

J

W.

580,103,620

baited States &

»

for

operation

which

644,682

ducts sold— 823,505,999 473,330,208 806,361,765 493,115,625
in., encin., selling,
udvertisirg, service &

3.J52

23 to
President,
the stock

exchange on which

only

changed

corporation,

at

The

pre

inc. & exc.

is

the

admitted

3mith

$1,022,867, equivalent to $3.72 per
cement producing plants at Fredonia,

stream

in

2,033,000

—

390,941

958,519,325 531,056,235

on

was

making a total of five sludge decomposition
units operated by Consolidated.
Another
Consolidated
plant at Baton Rouge, limited to the pro¬
cessing of lighter spent acid, will continue its operation. It has been

from

Total

general

Midwest Exch.

on

corporation
Exchange,

were

sulphuric

958,128,384 529,478,715 924,257,247 579,458,938

foreign subsidiaries—
Int. & misc. income

V

held

recently

sales

stock

the

not

not
then cur¬

tbe

is determined.
price obtainable

price

for

of

below

the

5,558,276

7,501,803

Wholly-Owned
1955

Net sales

of

plan

Board

on

received

cash

a

Consolidated Chemical Industries Inc.—New Unit—

3 Mos. End. Mar. 31—

Cost

this

Stock

Midwest

City, Mich.—V. 181,

Up Sharply—

Divids.

The

stock

was

operates

13,797,211

4,150,397

of

share.

per

52,203,931

11,089,403

4,648,819

358.

p.

company's capital consists only of 275,003 outstandi

This

Chrysler

receive

the

common

1952

1774.

p.

announced.

The

45,290,061

income

oper.

stock

Midwest

the

on

taxes

railway

181,

certain

will

Revenue

a

is listed.

1—

from

from

Net

1954

letter of notification with the
A preferred stock to be offered
proceeds are to be used for' capital

April 25 filed
shares of class

on

2,500

common

listing

$16,809,951 $16,420,226 $19,117,467 $17,331,434
4,935,015
4,330,291
6,269,854
4,234,543
2,027,659
1,634,711
2,656,585
1,683,686

rai way

opcr.

From

Gross

Net

1955

railway

from

from

covering

The

1308,.

Chicago, Rock Island & Pacific RR.—Earnings—
Gross

corporation

Consolidated Cement Corp.—Listed

has

Net

sell

it

April

on

at. par ($100 per share).
The
and general corporate purposes.—V. 174,

weighing

production control

steel

lor

electronic

SEC

and

processing

sale

purchase shares
price would be

to

share

than

to

each

for

proposed

per

offering

sold

share

one

Change of Name Approved—

stockholders

The

corporation

The

$4

the

company's

preferred

its

The

stock

common

of

It is contemplated that
subsidiary, Michigan Gas

held.

and

company

the

basis

opportunity

than

Continental-Diamond
Plan and

Community Television Corp., Grand Forks, N. D.—
Files With Securities and Exchange Commission—

company acquired a stock interest in Control Cells
Boulder, Colo., and sales franchises for exclusive distribution

chemical
and

$292,042
$0.43

$514,215

share

the

March

Corp. of
of

303,500

the

for

the

the

that

at

1672.

p.

29 filed a letter of notification with the
SEC
coveiing 3,000,000 shares of common stock (par five cents)
to
be offered at 10 cents per share through Peters, Writer & Christensen,
Inc., Denver, Colo. The net proceeds are to be used to pay expenses
Incident to mining activities.

595.542

544 000

Co.

an

company

to

units

townships.

and

additional

the

already

Power

villages

the

on

price at the time
stock is to be

favorable

cities,

offer

stockholders.

the

electric

additional

large

the

1,584

to

stock

the

by
to

in

The

in

preferred

less

It

$175,759

for

favorable

to

offered

be

two

on

Muskegon.

share-owners

will

include comple¬
generating

projects

Weadock

The construction program also
company's electric transmission
its natural gas distribution system.
765,000
electric
customers
and
400,000

Consumers

of

area.

Major

C.

of
to

the company's
Expansion expenditures
in

in

common

Co.,

subscribed

1952

8,675

of

service
John

proceeds
be used

would

facilities

gas

the

said

work

plans

common

and

$78,562,000.
the

about

serves

v::v.

Board,

$26,000,000

and

customers

gas

shares

The

32,503

at

plant

company

present

rent

$147,510

Cobb

the

of

electric

to

City

Michigan

asking, the

the issuance and sale of 100,000
and 373,689 additional shires

class

new

,r/;

numerous
additions
distribution systems and

not

1953

Bay

C.

The

Ry.- -Earnings—
1954

addition

Financing—
petition

a

approve

a

Michigan

estimated

Consumers

2231.

p.

Outstate

near

filed

to

of

an

natural

a

Net earning!
Earnings per common
In

1,058.215

taxes

(estimated)

taxes

par

repay

to ba
construction program ol
2355.

p.

approximately

expansion

to

1954
$15,801,896 $16,250,049

$10

the

part

181,

Chairman

at

are

of

and

Conn.,

7,573

railway
railway

oper.

181,

Meriden,

Corp.,

the

1955

the

25

^includes

Mass.

32,070

from

from
ry.

—V.

1955

in

1955.—V.

.

Whiting,

estimated

county

plant

plastic products
wholly-owned

and

R.

sale

tion

Colzona Oil & Uranium Corp., Denver, Colo.—Files—
Six Months Ended April 30—

subscrip¬

its

of

1—

Jan.

Net

Cherry-Burrell Corp. (& Wholly-Owned Subs.)—Earn.

during

stock.

common

64

company's

$162,689

oper.

Net

The

Electric

&

1955

railway
railway-——
income—

rubber

Va.

electrical

and

from

From

its

finance

to

preferred stock of

for

had
had been

leading material

a

of

finance

Colson

which

in Somerville,

cellular

Bedford,

April—
from

to

agreement

an

plant

additional

an

manufactures

American

Great

ry.

and

that

announced

plant in Elyria and
)

(in

Net

28

President,

American

| volume and product diversification. The Colson Corp. has its principal

Net

June

on

jointly on May 20 by
and Robert A. Pritzker,

announced

President.
Pritzker

will

stockholder

it was

Dunlap stated that the addition of the Colson Corp. will prove
great value to Great American through its contribution of sales

of

that

for

offer

financing is to obtain funds to
loans, remaining funds realized

bank

suuri,-term

oi

Consolidated

Justin

thp

Mr.

two-for-one.

split the

(of

has become a wholly-owned subsidiary of Great
Industries, Inc.,
Meriden, Conn., through an exchange of

the

company's certificate of incorporation to proauthorized' capital stock from 5,000,000 shares

the

shares

Under the agreement with Great American, Colson,

J

stockholders

the

to

O.—Acquired—

■

Proposed—

to

shares

738,721

Consumers Power Co.—Plans

corporation

produces communication

Chemical Fund, Inc.—Stock Split

authorization

additional

the

The
company
on
May
Public Service Commission

handling manufacturer, will maintain its corporate identity. Mr. Pritz; ker will remain as President and the current management
team will
I be retained.

area.—

by

of

purpose

subsidiaries

113,177

SEC

the

306,720

215,796

j

2239.

p.

530.817

111,282

entered into with F. L. Jacobs Co., Detroit, earlier this year,
rescinded by mutual consent.

f

further

that

in

line

220,294

172,039

Mr.

New Outlets—

primary

1,076,153

398.041

Colson

border.
Radco

1,234,785

761,812

railway
oper. income—
181, p. 2011.
:
b

Robert

l3wa,

diversification

1,113,957

received

stockholders

$20,000,UOO
used

from

stock

fertilizer

Radco

21,552

its

railway

its

stock.

The

29,863

49,193

ry.

This

companies of southwestern
consisting of Radco Fertilizer Co., Inc., Radco-Eastem Division
and Radco-Creston Division,
were merged with Chemical Enterprises,
It was a nnounced jointly by Daniel B. Curll, Jr., President of Chem¬
ical Enterprises, and Messrs. Carl Reid, Dan Allison and Homer Dudley
of Radco.
The move provides
Chemical Enterprises with a chain of
ten ammonia stations
in the rich corn area along the Iowa-Missouri
6,

May

from

American

4

Chemical

127,147

20,018

Colson Corp., Elyria,

its
hosiery in a 37,500 square foot
In Columbus, Ga.—V. 181, p. 1439.

plant

41,145

47,145

Net

—V.

finishes

and

air-conditioned

103,008

has

company

by

capital

1-—

Net

was

month.

a

The
tion

$216,253

$313,034

$163,468

$286,037

1952

1953

1954

1955

Prom Jan.

brought to Chadbourn by
William A. Levins of the Atlanta, Ga., brokerage house of Courts & Co.
Shannon, incorporated in October, 1938, had built its sales steadily
upwards to more than $1,600,000 in 1954.
with more than 60% of
its sales coming from the prestige brand of Shaleen.
However, increas¬
ing los.es for the years 1952 through 1954 totaled $615,307, with a
loss in
1954 alorie of $233,000.
The losses have continued in 1955
The

Wyoming: Ry.—Earnings—

from

railway
Net from railway
Net ry. oper. income

authorized

April 19 Chadbourn stockholders
17,500 of its shares to complete the deal.

of

Gross

Shannon was an exchange of 3% shares
stock for each $100 par common capital

On

&

April—

,;

year.

par common

Shannon.

Colorado

1954.

in

by Shannon

set

in sales during fiscal 1954 and
$12,000,000 gross sales in the first

than

more

1955

figure

$13,000,000

the acquisition of

for

of

the

over

topped

achieved

Chadbourn $1

oi

goal of $2,000,000

at the new unit to reach a 12-month sales

instituted
—an

per

share

$2.61

__

Working capital
Net

20,802,820

figures

Corp.,

—V.

181,

p.

„

$1.00

$12,003,618 $16,590,613

worth

Above
ment

$2.33

$1.25

_

do

Newark,

2355.

not
N.

include
J.,

results

merged

of

Wecton

into Daystrom,

20,147,637

Electrical

Inc.

May

Instru¬

16,

1955.

Number 5433

181

Volume

.

Quarter Ended March 31—
Net

amortization

and

1954
$19,269
9,000

1955
$100,055
33,000

_

profit

operating

Depreciation

Robinson-Humphrey

The

Net

—V.

181,

(excluding Galena and Aurumj
644.
:

p.

Net

ry.

railway

from

Net

ry.

—V.

667,978

602,215

17,932,151
4,145,615

,510,247

,478,406

1,855,638

2,837,458

,390,475

4,461,843
2,674,295

railway

from

Net

income

oper.

Sheridan

499,246
16.218,941
3,207,078

800,000

&

Paul

Began

100,000
&

Bolger

/

100,000
800,000
400,000

Co.

S.

Stern

181, p. 2117.

&

Brothers

Frank,

Stern,

Co.—

&

Smichers

F.

Co

&

Meyer

100,000

Fox

Western RR.—Earnings-

Delaware, Lackawanna &

Net

ry.

Net

—V.

4,895,613

181,

1,987,514

income

oper.

29,551,092

6,480,782

3,205,012

3,137,914

2117.

p.

Detroit Edison Co.—Bonds Offered—The First Boston

and associates on
May 25 offered $60,000,000 of 3V4% general and refund¬
ing mortgage bonds, series O, due May 15, 1980 at 100%
Award of the issue was won by

interest.

accrued

the

at competitive sale

group

May 24 on a bid of

on

99.39%.
Coffin
also

for

3 !4%

a

(jointly), bid 98.93,

Trask & Co.

and Spencer,

Inc.,

Burr,

&

coupon.

be redeemable, at the option of the com¬
whole or in part, at redemption prices rang¬
interest.
PROCEEDS—Net
sale of the new bonds will be
added
to
the general funds of the
company to be
used for con¬
struction
and other purposes,
including the repayment of approxi¬
mately $14,500,000 of short term bank loans.
Gross
expenditures for construction in 1955, it is estimated, will
approximate $85,000,000,
of which $19,500,000
has been expended
to April
1, 1955.
The estimate for 1955 contemplates the expendi¬
ture
of about $36,800,000 in
connection with the New River Rouge
steam
electric
generating plant now under construction; $11,000,000
The

business

of

new,

enlargement

and

extensions,

ment.

'

and

in

engaged

is

electric

of

sale

transmission,

generation,

the
in

energy

service

a

with

miles in southeastern Michigan,

square

steam

outside

sections

cultural

water

furnishes

the

EARNINGS—For
of

revenues

comprising

area

Detroit.

The

1954,

the

also

company

conducts

purchasers

First

basis,

utility

gross

below have severally agreed,
purchase from the company
the

6,000,000
250,000

Peck

&

Allison-Williams
C.

Allyn

Anderson

Inc.

Detroit, is a well-known
ranges and also
fabricates
heavy
metal products for the automotive and trucking
industries. The company reported 1954 net sales of $9,009,000 on which
a
net
loss
of
$1,649,000
was
recorded. Welbilt Stove, located in
Maspeth, N. Y., supplies approximately
10% of the entire United
States market for gas ranges and is also an important producer of
electric ranges. It is recognized as the largest supplier of ranges to the
home builders of the country. Two years ago, the company commenced
pioduction of room air conditioners and, more recently, expanded
into
the
residential air conditioner field. Earlier this year,
Welbilt
Stove
was
awarded a $1,500,000 Navy
contract for disposable gas
tanks for aircraft. Net sales of the company in 1954 totaled $13,334,000
and
net
operating income
before taxes and a non-recurring loss
of $253,000 amounted to $1,033,607. Pro forma net working capital of
the merged company as of Dec. 31, 1954, was $6,024,000.
Giving effect to the exchange of stocks under the merger agreement,
Welbilt Corp. will have outstanding 276,119 shares of 5% cumulative
convertible preferred
stock, $10 par value, and 4,198,007 shares of
$1 par common stock.'The common stock of Welbilt Corp. is listed
on
the New York Stock Exchange.
(See also Welbilt Corp. in V. 181,

150,000

Co.,

Ashmun

S.

,

Atwill

and

Bache

&

Baker,

'

Ball,

North

Fitch,

Williams

Bioren

Inc

Co.

&

Ellis

Blunt

100,000

Co._^.

&

Blair

1,000,000

Co.

&

Sullivan

Bosworth,

250,000

Stockton

100,000

Byron Brooke & Co
Burns
Bros. & Denton,
Inc.

value

181,

1

share—.

per

—

&

Co

&

Courts

Inc

Skaags & Co.-_
DeHavcn & Townsend,
Merle-Smith—

&

&

Dickson

S.

Kean,

Corp.
Francis I.

duPont &

Equitable

Inc.

Kidder

Co

Co.

—

100,000

John

&

Wheeler

C.

First
First

of

100,000

McCormick

Securities

Co.

&

McLeod,

&

M.

&

Leonard

Hutchinson

A.

Frisbie

Co.

Gregory

&

Sons

&

150.000

Co.

Newhard.
New

Loeb

Norris

Co.—

Inc.

982,843

400,000

100.000

250.000

Co

Northwest

150,000

Co._

Copeland

&
100,000

Kendall, Inc.
Peters,

Writer

$2,402,858
"14,035
"237,248

1952

1953

$4,944,511
1,656,878
1,345,910

$6,254,050

2,753,394
2,443,418

F.

Pollock

E.

&

L.

800,000
Putnam

&

Co.,

100,000

Inc.

Hughes

Raffensperger,
Co.,

Rambo,
Inc.

100,000

Co.,

Inc.

&

.

100,000

Inc.

Net

ry.

4,492,609

railway..—

railway

181,

"2,041,509

.

income—

oper.

"Deficit.—V.

"2,649,466

.

3,527,142
"5.151,640
"5,704,674

8,458,965

,

"1,392,430

♦1,983,628

6,418,721
*3,377,256
"3,897,294

2012.

p.

Close

&

with

the

minerals

Affiliate?

and marketing of feldspar,
negotiated by this cor¬

being

is

poration and Strategic Materials Corp., which plan joint operation of
Spar-Mica Corp., Ltd. of Montreal;. Canada.
The directors of the two companies are expected to act on the equ'I

partnership proposal before June 15 next.
Spar-Mica now is a suhsubsidiary of Strategic.
Electro proposes to acquire an equal interest
with Strategic in Spar-Mica for a cash payment of $333,500 and 10,OCT*
shares of Electro's common stock, currently quoted at $18 per shar;»
In addition to Mr. Diamond the board of directors of Spar-Mica wi-l
be

three representatives each from Electro and

composed of
The

will have the exclusive advantage of a new

company

Strategic-

and unique

developed by Grant S. Diamond, President,
of Electro.
This process is believed to yield 50% more glass spar con¬
centrate than present upgrading methods.
Electro already has a Canadian plant at Cap de la Madeleine, Que¬
bec, which is an important producer of silicon carbide.
Spar-Mica plans to erect a new dock on the St. Lawrence Gulf »s
soon
as
possible.
Designed to berth 10,000-ton cargo vessels, the pier
should be ready for use late this summer.
Mining equipment and mil*

feldspar processing method

will

then

facilities

installed

be

work

and

will

commence.

is expected to have a production caoacity of
of feldspar concentrate this year.
Boat shipments
to New Jersey and to Europe are scheduled to start in October.
Spar-Mica owns pegmatite mineral deposits of tremendous size on.
the north shore of the Gulf of St. Lawrence and In Bergeronnes Town¬
The

Quebec installation

tons

300

day

per

Quebeo,

confluence of the Saguenay

the

near

and St.. Lawrence

Corp.. Ltd. has a wholly-owned subsidiary in the United)
States—namely, the Golding-Keene Co., of Keene, N. H. This subsidiary
owns and operates feldspar mines in New Hampshire and operates milTs
Spar-Mica

N.

Keene,
in

the

also in Trenton, N. J.
Golding-Keene has pro¬
feldspar over the last 25 years for the pottery indus¬
New York State and New Jersey areas ard

and

H.,

England,

New

supplies many of the leading producers of porcelain, chinaware, sani ¬
tary ware, porcelain ware and floor and wall tile. This company, how¬
ever,
does not produce a spar for the glass industry, which is tb&
major consumer of feldspar in the United States.—V. 181, p. 2240.

Equity Corp.—Asset Value IncreasedMar.

of—

As

31/55 Dec. 31/54

Net asset value per preferred share

$227.22

$222.00

share

$4.89

$4.75

Net

value

asset

—V.

common

per

/•

181, p. 2118.

Net

Net

filed a registration statement with the SEC on May
covering $3,500,000 of convertible subordinate debentures,
1975, to be offered for public sale through an under¬
writing group headed by Bear, Stearns & Co.
The interest rate,
public offering price and underwriting terms are to be supplied by
This

Net

2,005,800

ry.

559,062

railway

from

Net

65,403

income—

oper.

"Deficit.—V.

181,

p.

amendment.
The
of

is engaged principally in the design and manufacture
special purpose loading equipment for railroad freight
of plywood; the manufacture of automotive heat¬
ventilating devices for commercial vehicles; the manufacture
and
synthetic battery separators, and the manufacture' ot

company

general and

the production

and

ing

wood

of

bicycles

velocipedes.

and

of the financing will be used to retire a bank loan
incurred for the purpose of retiring the company's V-loan.
($963,000 at March 31, 1955); to retire $600,000 of bank loans incurrei
Net

proceeds

$369,300

the

363

25,678

*84,600

*76,420

1,726,500
305,777
"87,092

be

$406,200

27,574

1,720,600
274,504
"191,033

purpose

will

continued

its

2,541,900
853,226

of

added

growth

financing
to the

and

the

company's

operations;

and

th®

general funds of the company to finance

expansion.—V.

181, p.

1303.

Federated Fund of New England—Registers With SEC
This

railway-

1,

May

balance

♦70,052

*29,401

income—

company

1955,

for
1952

1953

1—

Jan.

from

Gross

$376,500

80,474s

railway-

oper.

ry.

$417,700

railway-

from

From

1954

1955

from

Plymouth, Mich.—Registers With

Securities and Exchange Commission—

recently

Winnipeg & Pacific Ry.—Earnings—

Duluth,
April—

the

in

filed

Fund

an

17, 1935, to its registration
400,000 shares of Beneficial Interest

amendment on May

covering an additional
181, p. 1673.

statement

Fund.—V.

323,007

Fifteen Oil Co., Houston,

2012.

Tex.—Registers With SEC—

filed a registration statement with the SEC on May 24,
1955, covering
200,000 shares of its $1 nar capital stock.
Of this
amount, 175,000 shares are being offered for the account of the com¬
pany and up to 25,000 for
the account of selling stockholders. The
offering is to be underwritten by White, Weld & Co. and Rotan,
Mosle Inc.; and the public offering price and underwriting terms ace
to be supplied by amendment.
The company is engaged primarily in the business of developing ard
operating oil and gas properties and exploring for oil and gas.
A3
of April 30, 1955, it had outstanding 1,000,000 common shares.
Proceeds of the financing will be used, together with funds froca
This company

du Pont de Nemours &

(E. I.)

Co. (& Subs.)—Earns.
1955

March 31—

Ended

Net

sales

Other

operating

Total

-

—

operating

credit

to

6,297,307

478,879,548 408,911,536
249,231,517 223,689,305
38,398,706 34,026,601
29,725,495 26,711,201

operation, in the exploration and development of the company's prop¬
erties and may be used for the acquisition, exploration and develop¬
ment of additional property,

8,500,000

8,698,100

78,810,000

64,150,000

73,213,830

51,636,329

—Tschirn

20,522,530

22,156,919

offered

93,736,360

fun).

Federal taxes on operating

for

Provision

$

473,170,752 402,614,229

5,708,796

revenues

income.
Cost of goods sold and other operating charges
Selling, general and administrative expenses—
Provision for depreciation and obsolescence
"Provision for "B" bonus (tentatively available
for

1954

$

Months

73,793,248

shares of common

income

renegotiation

Flo-Mix Fertilizers Corp., Ilouma,

I

Operating income (net)
(net)—

Other income
income

Net

Dividends on

...

"Earnings

common

per

——.—

share

2,512,456

2,774,956

56,838,901

preferred stock

dividends

Common

45,449,016

$2.00

$1.56

Offers

Thrift Plan—

du Pont employees in plants,
nation under which the com¬
pany will add 25 cents to every dollar they save.
Purpose is to en¬
courage employees to save regularly and to provide an opportunity for
more
of them to become stockholders in the company at no cost to
A

was offered on May 17 to
and offices throughout the

entirely voluntary, sets up an incentive for employees to
save money regularly and on a long-range basis through
payroll deduc¬
tions.
The company will contribute to a trust fund 25% of the amount
saved
by each employee.
This money will be used to buy du Pont
common stock for him.
The
program is subject to clearance with
several Federal agencies.
It is expected
that governmental approvals will be received in time
to get the plan under way Sept. 1.
The company will pay all costs of
The

plan,

administration.

100,000

by

Aside

Kerner

a

from

making

bank, as trustee.

the program will be handled
It will buy bonds and stock for the employees.

payroll deductions,

publicly

La.—Stock Offered
May 1

Co., New Orleans, La., on

as

agent.

transfer

as

net proceeds are to be used
companies, buy equipment a. d

PROCEEDS—The
four

of

assets

general corporate purposes

thrift plan

laboratories,

Investment

a speculation an issue of 585,000
stock (par 10 cents) at $5 per share.
The National Bank of Commerce in New Orleans is transfer agent,
and registrar and the Registrar and Transfer Company will also act

preferred dividends.

150.000

Inc

industrial

other

and

cars;

themselves.

&

Christensen, Inc.
B. W. Pazzini & Co.,

linked

partnership for the mining, processing

20,

1—

Jan.

from

from

"After

—

Ohio

Wm.




1,245,689

income—

oper.

From
Gross

800,000

Hirshberg,

&

Patterson,

300.000
1,000,000

railway—,

from
ry.

1954

1955

$3,345,478

railway

from

Net

Hanseatic
_

Pacific

100,000

100,000
200,000

Co.

&

Cook

York

The

200,000
Ellis & Anderson

&

Corp.

Granbery, Maracbe &
Green,

&

Son

studio

Mont

Du

2240.

Evans Products Co.,

amendment on May 17,

Duluth, Missabe & Iron Range Ry.- -Earnings—
April—
Gross

250,000

Wells

Newbold's

of

When

television pictures in color or monociiroir®
I6mm films, from slides, or from opaques.—

from

sources,

by itself or as an

Electro Refractories & Abrasives Corp.—New
A

mica

due

and

300,000

200.000

Co.,

Co.

Weir,

100,000

H.

250,000
&

250,000

Co

Co.

250,000

Co

Freeman

200.000

Co

—

Mullaney,
W.

1,100,000

100,00Q

Inc.

200.000

Co.

100,000

Freeman

100.000

—

Co.—

&

Moore, Leonard & Lynch

of

Marshall

150,000

Inc.

Young,

Inc.
McMaster

100,000

Chicago
Foster

&

McDonald

100 000

Corp

Iowa

200.000
100.COO

Co.—

Coe—

&

Masten

E.

100,000

Co

100.000

Inc.

Lomasney & Co.—

Mackall

100,000

Inc.

300,000

&

Legg &

A.

100,000

its

of

Three

Meeds

&

a

highest-quality

live

181, p.

Y.—Registers With SEC—

100.000

Mason-Hagan,

Co.,

Fauset, Steele & Co._.

Co.,

Bissell

A.

D.

150,000

Co

&

Harris

shares

300,000

Leedy,

100,000

Inc.

&

Inc._

Laird,

M.

.

and

200.000

100,000

300.000
100,000

It will also service Australia

registration statement covering an additional
$1 par capital stock.—V. 180, p. 2593.

its

to

1955,

300,000

Co.—

&

Inc.

Newburger,

:

Clark

V.

„

Dreyfus Funds, Inc., N.

Krensky &

Co..

Clement A. Evans & Co.,

Ferris

Co.—

Taylor &

.

integral part of-an
broadcast equipment
"Multi-Scanner" it
single studio package that permits it to- tele¬

unit

used

the TV station
the

from

office

This New York investment company filed an

100,000

&

1,600 000

Fairman,

100.000
150.000

Co.—

Arthur

Securities

Corp.

Fahey,

Co.—

Kormendi

The Dominion Securities
John Douglas & Co.,

,

&

Co

150,000
150,000

500,000

&

Co.

&

.

150 000
$250,000

&

Joyce

&

Richards

M.

A.

Co.,

Inc.

Este

—

Lemon

B.

150,000

1,600,000

■'/: 1

Eastern

Far

Gross

&

Space &

Lane,

Co., Inc.

Kay,

150,000

Bodine

&

C'router

•'

brings to four the number of overseas
branches.
Other offices are in Zurich,
Switzerland (serving Europe
and the Near East), Montevideo,
Uruguay (serving South America),
and Mexico City, Mexico (serving the Caribbean).—V. 181, p. 1439.

100,000

100,000

150,000

Davis,

and Taiwan.

India,

Zealand.

The

of

■

Johnson,

Kaiser

&

Co.

service

Philippines,

500,000

Grubbs

John

100,000

Davis

Cullom

Eastern

Far

the

150,000

Corp.

Kirkland

Jenks,

250,000

Securities

Co.

Dick

100,000

Co

Corp.

Alleman,
.

Union

Dallas

Shelby

Share

Investment

Schmertz

Cunningham,
Co.,

&

100,000

Inc

Securities Corp.
Clayton Securities Corp.
C. C. Codings & Co., Inc.

on May 20 announced the opening
sales office in Tokyo, Japan. The new branch
the entire Far Eastern area including Japan, Hong Kong,

Chemical International Ltd.

new

a

Net

600,000

Winslow,

City

1,600,000

Inc.
&

- '
'
•
commercially-engineere I

operation of regular equipment axa

the

be used

may

"Multi-Scanner."

a

tries

Sales Office—

Chemical Co.—New Tokyo

Dow
Dow

of

1,000.000

Applegate

Johnston,

West

Whiteside,

Chace,

alreadyl-.widely
called

for

necessary

"Vitascan"

The

duced high potash

Net

Co.,

Weeks—

specialists
required.

not

at

Indianapolis Bond &

100,000

Carolina Securities Corp.

$11,981,924 $11,262,054
$10.74
$10.29

745.

p.

100,000

&

Hutton

200,000

Sherrerd

&

Brothers

Byrd

F.

100,000
*

—

Butcher

100,000

Co.

&

250,000

Co.—

Humphrey,

100,000

&

Broome

&

Hornblower

&

Stein_

&

400.000

Co._
Co.

&

Norfolk

Co., Inc.
Bramhall

M.

assets

net

asset

Net

—V.

1,000,000
&

—

Hirsch

E.

Co

&

Co

Hilsman

Inc.

1,600,000

Simmons

&

&

"

is a complete and

Rivers.

Dec. 31/54

100,000

Richards

H.

J.

100,000

Co.

Baxter,

R.

Mar. 31/55

As of—

600.000
300,000

Co.—

Herrman

Hulme,

&

&

Bruce

Hentz

Hill

200,000
500,000
500,000

& Co._—
Kraus—

Barret,

Heller,
Henry

1,000,000

Co._

&

&

100,000

H.

100,000
/

Watts
Burge

color

ship,

Stock Fund, Inc.—Assets Up—

Diversified Growth

150,000

&

Co

&

Haupt

100,000

Co

Co.—

&

broadcast.

for

Du Mont system

new

■

Co.

150,000

Co

&

Blackstock

Harrison

200,000

Inc.
Co.__

Weeks

Baker,

&

2355.

131,; p:

2401).—V.

p.

100,000
Hanauer

B.

Hancock,

Ira

Robinson & Co.

Aspden,

cooking

1,600,000

Co

&

Sulzberger

Co.
J.

1,600,000

Strudwick

&

&

Bleichroeder,
C.

100,000

Co.

and S.

Arnhold

Hallgarten
Hallowell,

•

Inc.
Adams

"t

-

f

Daroit-Michigan, operating two plants in
of household
and commercial

manufacturer

New

named

to

Corp._$6,000,000

Boston

Halsey, Stuart & Co.

A.

■■■/'

company.

will

had

company

respective principal amounts of the new bonds set forth below:
The

The

product, ready for production. It sidesteps completely the usual prob¬
lems of color "registration." Hence the large staffs of highly-trained

cast

Approved—

was

transmitter

vision

gives

of this company and Welbilt Stove Co., Inc. was approved
stockholders of both companies on May 17. Under the merger
which became effective immediately following the stock¬
holder
actions,
Welbilt was merged into Detroit-Michigan and the
name
of
the
latter (was
changed to Welbilt Corp., the surviving

a

Detroit and

section of

pickup of live television pictures in

Merger

estimated popu¬

an

and net income of $22,137,173.

commitment

firm

a

year

$195,883,768

PURCHASERS—The
on

of

in the central business
service
in Vassar, Mich.

business

heating

color, without using television
demonstrated on May 22 by this company. The color
pictures were of the highest quality, according to the announcement.
The system that did this so effectively was novel and inexpensive
compared with regular commercial color studio cameras, and easy to
operate. One man was the sole attendant.
Called the Du Mont "Vitascan" Color Studio Scanner, the new system
is the reverse of a conventional television studio pickup system. Instead
of
receiving light through a lens, the scanner emits light from a
cathode-ray tube. This beam of light scans persons, objects, or action
in the studio, and the light that is reflected is picked up by means,
of multiplier phototubes. These tubes convert the reflected light infc>
an electrical signal
which may be passed on to a standard color tele¬

by

3,828,500.
This area includes the highly industrialized City
Detroit and environs,
as
wed as extensive industrial and agri¬

of

100,000

———

of

lation

200,000

2117.

p.

Detroit-Michigan Stove Co.—Merger

Total

7,587

200,000

.

BUSINESS—Company
distribution

Co.—

181,

100,00

Co

substations;

other

of

and distribution lines; $11,800,000 for
and $8,400,000 for other property and equip¬

transmission

for

$17,000,000
new

par,
plus accrued
proceeds from the

to

construction

the

for

to

are

time as a

103%

from

ing

bonds

new

at any

pany,

,

—————

&

—V.

100,000

;

Co

other neces¬

181, p. 2240.

Du Mont Laboratories, Inc.—Development

(Allen B.)
cameras,

agreement,

Corp. and Halsey, Stuart & Co. Inc.

and

Stix

30,730.209

6,502,413

26,061,225
4,218,355
2,018,001

26,423,428

railway

railway

from
ry.

905,268

Inc.

1—

Jan.

from

Net

524,378

$7,666,138
1,555,939
729,392

$7,709,975
1,892,342

519,166

income

oper.

'From

Gross

1,316,590

railway

from

Net
J'

1952

$6,544,001
1,084,871

$6,732,997

railway

from

1953

1954

1955

April—
Gross

100,000

Leach_
Stifel, Nichoiaus & Co.,
&

Agee

Sterne,

&

Tyson
100,000
Townsend, Graff &. Co.
100,000
Van Alstyne, Noel & Co.
300,000
Walston & Co
150,000
Waiter & Co
100,000
Watkins, Morrow & Co.
100,000
Webster & Gibson
100,000
Weeden & Co. Inc
1,000,000
C. N. White & Co—__
100,000
Arthur L. Wright & Co.,
Inc.
100,000
Wyatt, Neal & Waggoner
100,000
F. S. Yantis & Co., Inc.
200,000
Yarnall, Biddle & Co
150,000

100,000

&
—

Co., Inc.
Shillinglaw,

\

railway____

Hammill

Co.

100,000

Co

&

services.—V.

A

100,000

Townsend, Dabney &

—

Shearson,

751,772

1—

Jan.

from

Inc.

,704,139
,000,282

16,565,458

income___

oper.

From

Gross

1952

1953

Talmage
-Thomas

Co.,

&

&

them,

sary

800,000

/

Sweney Cartwright &
Co.

,150,000

——

Shaughnessey

$4,442,317
856,003

$3,962,185
870,621

$4,061,414
1,060,406

railway

from

Net

1954".

1955

April—
Gross

Sutro

1,600,000

deliver' them at the proper time, and perform

hold

15

250,000

Lombardo, Inc.

,

Mason,

Horner &

Inc.

Corp.—Earnings—

Hutton
Inc

Pomeroy,

&

Scott,

Delaware & Hudson RR.

.

100,000

Schoellkopf,

100,000
100,000

Co

Stroud & Co., Inc
Stubbs, Smith &

Roberts

Poole,

Parke

&

23,425

&

J. S. Strauss & Co

:

Salomon Bros. &

$10,269

$67,055
23,493

depletion and income taxes

profit before

Dry tons milled

:™.

1,000,000

& Co. 1,600,000
Hutzler 1,600,000

Co., Inc.
L.
F. Rothschild
Schmidt,

Stokes & Co
Walter Stokes

200,000

Rand & Co

Idaho—Earnings Increased

Mines, Inc., Wallace,

Day

(2471)

Chronicle

The Commercial and Financial

.

.

to purchase certain
inventories, and far

and working capital.

corporation was organized on Dec. 21, 1954, in
of engaging in the sale and distribution or
mechanical applicators for fertilizing, primarily with,

BUSINESS—This
Delaware

for

fertilizers
the

use

The
the

and

purpose

nitrogen,

phosphorous and potash.

history except that it has acquired
of patents to use a new method for the appli¬

corporation has no operating

right by assignment

complete liquid fertilizer
method for the use of anhydrous

cation
new

of

the

of

a

and conditioner to the soil,
ammonia in direct application

manufacture and distribute the equipment and
devices covered by the patent applications used in these methods.
The corporation has also acquired and accepted options to purchaca
all of the equipment and
inventories of Plantation Fertilizers Corp..
Houma, La.; Plantation Chemicals, Inc., Houma, La.; Texas Anhydrous
Ammonia Corp., Hitchcock, Tex., and the Nitrogen Co., Tilamook, Ore.,
a
branch of Plantation Fertilizers Corp., used in connection with tl..>
storage and sale of fertilizer, and in the assembling and sale of
to

soil, and the right to

16

(2472)

The Commercial and Financial Chronicle

.applicators for the new method of fertilizing. The option also includes
the right to acquire by assignment the leaseholds held
by said corpora¬
tions.

1

a

of

their

present

together

facilities

storage

with

factured
in

the

The

of fertilizers.

Two

GIVING

EFFECT

PRESENT

TO

FINANCING

Authorized
Common
—V.

stock

181,

(par

Outstanding
1,210,000 shs.

3,000,000 shs.

cents)

10

Con

of

G-E

is

will

scheduled

also

be

of

one

the

cinnati, Ohio,
stock

Sold—W.

Co.—Stock

(no
net

&

Edison

turbine

as

a

generators,

at $56.50 per share.

each

rated

180,000 kilowatts,
2356.

181, p.

apparatus

of

all

It

manufactures

also

and

the

was

selling stock¬

kinds,

fiber

automotive

makes

glass

resistence

and

high

insulation

industrial

laminated

a

fabric

to

patented

a

plastic

electrical

as

is

electrical

end
from

gears

material

application

for

temperature

for

addition,
furniture

corporation makes surfacing materials widely used by
manufacturers for cabinet and table tops, etc.—V. 181, p. 2356.

Fowler Telephone Co., Pella,
company

covering.

of

$260,000

notification

with

The

bonds, series A, due May 1,
1975. to be offered at par (in denominations of $1,000 each)
through
Wachob-Bender Corp., Omaha, Neb.
The net proceeds are to be used
to
retire
existing debt, to acquire Northwestern Bell properties in
Leigbton. Ia., and for conversion of both exchanges to dial operation.

from
of

July

through
It

Calculating

Machine

Co.,

Inc.,

San

is

18,

fil»d

companv

1955,

Co.

covering

is

named

price and
The

C.

has

company

and

J.

B.

Grceha

T.

Lewis,

12.9%

M.

Berkeley,

stockholders

will

and

be

stock

director,

a

of

Lund,

Calif.,

continue

9.8%,

public

will

After

of

Carl

M.

of

loans

This

below.—V.

Telephone,

FTiden,

without

from

shares

of

of

the

of

had

income

31,

of

was

the

total

aid

calls

and

used

stock

with

notes,

due

the
for

telephone

12

months ended

of

GIVING

System

EFFECT

TO

High

Roy Fruehauf, President,

May 24 told

on

San Francisco press con¬

a

ference:

"Customer
tion

demand

despite

the fact
;

month:
"Sales

for

o.y;.-''

the

all-time

new

for

h

that

is

running far ahead of produc¬
production records are being set every

new

:

'■

first

gh

trailers

new

'■%

six

months

record.

will

convertible

Entire

1955

above

be

may

$100,000,000 for

the

4.25%

year in
42-year history.
"Biggest seller in the line is the high cubic
capacity Volume Van
trailer developed by Fruehauf
engineers more than a year ago.
This
trailer, which enables truckers to haul up to 35% more
freight than
In conventional
trailers, obsolete^ some 250,000 to 300,000 trailers now

Fruehauf's

on

our

highways.

Volume

(Mr. Fruehauf pointed out that 300 of the Fruehauf
trailers are
in
the
fleet
of
the
Pacific
Intermountain

Van

Express trucking line.
ing operators.)
"Fruehauf

has

PIE

is

purchased

of the

one

two

nation's most successful

plants,

truck¬

totaling

356,000 square feet
and is building sizable additions
to its Fort Wayne, Ind„
plant. Addi¬
tions are also
planned to the Avon Lake, Ohio plant—all to
handle

this

unprecedented

"The

search

to build

could

a

customer

continuing

Fruehauf

new

be

To

is

convertible

preferred

PRESENT

adapted

increase

for

factory

trailer

production

of

suitable

a

for

or

site

the

on

Pacific

already built factory which

an

manufacturing,"
the

Volume

Van

and

181,

trailers

(Robert)
To

meet

which

a

The

this

attended

turing
new

corrugated
industrial activity

container

companv.

containers

in the southeastern
plant has been opened at Atlanta.

pay for

plant
and

Southern

comprises approximately 50,000 square feet
office space in a
newly constructed building
development five miles northwest of the

Paperboard Corp.,
interest, has a ,k;raft

Wentworth, Ga.
paperboard

subsidiary in which

a

Gair

of

in

Heavy-duty

irrigation

by
Leece,

V.

White.

in

design to
widely used

the

President.

was

capacity

announced

are
on

The

now

May

continuous,

new

design accomplishes this while still
ciency ratings of the pumps.—V.
181, p.

and

Dean

discharge

by

are

to

be

used

purposes.

,

general

ing

are:

Blyth

Jackson

&

&

V,

181,

p.

Co.,

Curtis;

Crowell, Weedon
Bingham, Walter
1877.

&
&

A.

Inc.;
G.

Co.;

with

Dean

Wagenseller
Becker

&

Hill

Hurry,

&

Co.

Witter

&

Co.

in

the

offer¬

Durst, Inc.; Paine, Webber,
Lester, Ryons & Co *

Inc.;

I.

S.

General Electric Co.—Receives
Large Order—
company on May 20 announced It has received an order
the
William

Generator

E.

York

for

a

300,000

4,60o

Milwaukee Co._:

4,600
4,600

Sullivan

&

Co.,

Inc.
McCormick

Co

&

Net
Net

Co

3,700

Staats & Co

3,700

Burge & Kraus
Bingham, Sheldon & Co

2,300

McCarty

Co.

&

M.

2,300
Dain

Carter H.

Lester,

& Co

2,300

Harrison & Co

Ryons

2,300

Co

&

2,300

McCourtney-Breckenridge &
Co.

2,300

Stix & Co

4,600

2,300

Watling, Lerchen & Co
Brush, Slocumb & Co. Inc.

2,300
1,400

2241.

Gerber, President,

Gerber

pared

to

mately
The

181,

p.

959.

—V.

181,

on

for

the

preceding

year.

This

amounts

Six

of

the

will be

company

from

kilowatt steam

(&

Months Ended

to

held

on

July

27,

1955.

of

Subs.)—Earnings Rise—

April 30—

taxes

Consolidated net

on

p.

$

the

Mr.
in

share

President,

tory

of

of

2,902,830
2,290,954

2,294,210

common

stock

Rubber

Baytown,

announced

Disposal

'

$1.50

$1 27

Corp.

Mr.

to

insure

would

be

sold

that

506,557

$1,999,350

$1,407,729

531,895

244,518

376,964

taxes

-671,100

the System
to

$1,090,491

stock

of

$492,111

,

subsidiaries

94,089

.141,448

$996,402

$350,663

„

applicable to stock

of

the

Grey¬

share of

stock

common

$0.08

.

preferred

on

stock.—V.

$0.03

180, p. 253.

Leaseholds, Inc.—Chairman Elected—

Hagen,

Houston
of

the

oilman

Aniline

&

and

consulting

geologist,

has

been

Board.

affiliated

with

the

Coca

Cola

Co.

and

director

a

Film

Corp. and
board of the

Downey

G.

Behrman

Jr.,

President

of

Gulf

that the company will commence
within the next week.
These

the

wells

Coast

substantial

are

Leaseholds,

Inc.,

drilling of four explora¬

wells

are

portion

a

of

an

1562.

Interstate Gas

Co.—Secondary Offering—A

sec¬

ondary offering of 7,500 shares of common stock (par
$5) was made on May 13 by Blyth & Co., Inc. at $12.37 V2
per share, with a dealer's discount of 30 cents
per share.
It

Texas,
on

May

this

subsidiary

Senate

Commission

May
synthetic
19.

19

had

Committees

over

the

withdrew

rubber

fact

expressed
as

well

that

its

plant,

as

E.

bid

J.

concern

to

the

the

to

Thomas

its
a

explained,

uninterrupted
responsible

Goodyear

operation
bidder.

entered
and

a

that

bid
the

on

the

facility

eight other bids from competent operators have been
qualified by the Disposal Commission, the sale of the
plant is assured,"
Mr. Thomas continued, "and the
output of the plant will be available

.

<•,: <

completed.—V. 178, p. 386.

was

■ot(

Gulf Mobile & Ohio RR.April—
Net

ry.

railway
railway

...

$6,883,768

$8,159,704

$7,371,150

1,623,735

2.665.635

2,102,896

860,732

639,070

1,081,511

813,466

27,620,916

27,979,901

31,838,566

29,921,183

7,834.308

7,363.097

10,326,165

8,832.900

3,172,510

railway
railway
income—

oper.

181,

1952

2,940,096

4,133,539

3,393,992

1—

Jan.

from

1953

2,260,432

from

ry.

I

1954

$7,463,420

income—

oper.

,oU

Earnings—

1955

from

from

2356.

p.

Gulf Power Co.—Partial
There

the

be

have

been

mortgage

called for

bonds,

3%%

Redemption—

redemption
series

due

made

at

trustee.—V.

The

Chase

Bank,

22,

1955,

Payment,
the

to

New

at

Water

York

City,

date

of

will

successor

Co.—Registers With SEC—

May 18 filed
covering $8,000,000 of sinking
company

$274,000 of
100.46%

redemption

180, pp. 254 and 816.

Hackensack
This

Manhattan

June

on

1982.

principal amount, plus accrued interest

SEC

on

facility and also recommended continued government
pending disposal. When the recommended new
legislation

plant

"Now

$901,172

drilling program which the company intends
carry out
during 1955.
Mr. Behrman estimated that a nadditional
12
to 14
exploratory wells will be drilled by the
company during the year.
He further reported that the
company is continuing its development
program with the drilling of a second well on its 640-acre
lease in
the Clayton-Maxine
area, Live Oak County.
This well will be spotted
2,500 feet southwest of the
company's discovery well on the tract
which
was
dually completed as a gas well last November.—V.
181,

188,000

the

passed,

46,342,925

$1,525,520

.

aggressive

3,097,000

Baytown
plant was not sold along with the other 24
plants previously sold.
Mr. Thomas said
Goodyear had urged new legislation to accomplish
sale

1954.

$47,244,097

6,187,830

164,000

3,445,684

explained that
before House and

government's

of

Downey,

Robert

first

Thomas

hearings

State

1955

stockholders.

—V.

3,796,000

1775.

government's

Thomas,

of

President.

company

45,750,851*

applicable

Coast

V.

Net

1954

7,405,684

income

Goodyear Synthetic

the

shares

supplied by amend¬

Desogel Chemical Co., has been
to
the enlarged
company.
Hagen, the company's first Chairman, was the
original organizer
company In which both he
and
Mr.

Mr.
of

Goodyear Tire & Rubber Co., Akron, O.—Unit
With¬
draws Bid for Government
Synthetic Plant—
The

(to be

$47,276,371

elected

100,820,717

income

Common shares
outstanding
per

as

revenue

Chairman

Net

1955

Federal taxes on income
(estimated)
Dominion and State taxes

181,

three

each

date

Corporation

General

Gross

104,812,053

before

Earnings

for

to increase the capital and paid-in
surplus
a newly organized company, r thereby
furnishing it
capital funds to enable it to develop its business.

public

per

Morton

approxi¬

$

—V.

stock

the record

on

was

Gulf

Net

Co.

sales

Income

SEC

($1.50

subscription

made on May 19 by Eisele &
King, Libaire,
Stout & Co. at $8.50 per
share, has been oversubscribed.
See details in V.
181, p. 2356.

From

Glidden

Atlantic

deducting dividends

which

Gross

meeting

2118.

p.

the

stock

for

Cities Gas Corp.—Stock Sold—The
offering to
public of 75,000 shares of class A stock
(par $1),

the

March

share.

a

annual

with

common

shares

of

$3,500,000

$2.40

Great

stock held

income

Income

Gulf

May 12 announced that sales during the
31, 1955 amounted to over $86,000,000 which
$8,000,000 or 10% over the previous fiscal
year.
indicated that earnings will be over
$5,000,000 as com¬

ended

these

473,830

for

hound

p.

Gerbcr Products Co.—Sales Increased
10%—

increase

statement

non-voting

offer

revenues-

by

♦After

General Tire & Rubber Co.—Sells
Aerojet Rights—

year

A

to

j

reported

Inc.

J.

&

Allyn & Co., Inc

an

registration

a

class

expenses

income

Net

2,300

5,400

i

and

Fla.—Regis¬
Exchange Commission—

underwriting is Involved.

income

3,700

Northwest

7,500

2118

Inc.—Acquisition—

deductions

held

Pacific

7,500

181, p.

of

Kaplan Is listed

Provision

Rauscher, Pierce & Co., Inc.

7,500

Co

reclassifying each
181, p. 2014.

179, p. 2596.

proposes

Total
Income

Cecil

5,400

C.

and

$5)—V.

(par

by holders of State Fire & Casualty Co. class A non¬
and class B voting common stock, on the basis

operating

elected

7,500

Co.—

Rhoades

shares

Income

3,700

7,500

Co

Loeb,

two

changing

Atlantic,

R.

Net

3,700

10,200

Dodge & Co.

is

and increasing its au¬
2,000,000 shares
(par $10)

present

proceeds wiU be used

Operating

3,700

Co

&

2,300

Moseley &

Is

Greyhound Corp. (& Subs.)—Earnings Higher—

3,700

Co._

It

annual

an

3,700

Crowell, Weedon

William R.

M.

was

Saupe, General Manager of G-E's
Large Steam TurbineDepartment, said the unit will be the
largest yet manu¬




Edward D. Jones & Co

Ball,

Ohio

—V.

No

Operating

12,200

&

stocfc

stock.

on

stock

of

additional

Merrill, Turben & Co

Co.
A.

share

share

Great

12,200

Marks

stock

and

take

Walston & Co

operation

.

New

to

10,200

Shields &

the

Consolidated Edison Co. of

Net
of

below-

10,200

Clark,

corporate

Richards & Co.; Schwabacher &
Co.";
Inc.; and Brush, Slocumb &
Co., Inc.—

turbine-generator.

the

Stroud & Co., Inc

15,000

(Inc.)

two-for-one

a

common

Gulf

Campbell,

for

UNDERWRITERS—Associated

commitment

Bosworth,

& Co

of

of

new

reclassifying

the

into

shares

company

common

with

date.

William Blair & Co

effi¬

—

for

firm

7,500

2118.

General Controls Co.,
Glendale, Calif.—Stock Offered
—A group of
underwriters, headed by Dean Witter &
Co. on May 25
publicly offered 60,000 shares of common
stock (par $1) at
$24 per share.
proceeds

that

10,200

Witter

is

and

$5)

May 18 filed

on

common

Fire's

made June 30,

through

7,500

The

A secondary
offering of 51,000 shares of common stock
(par $10) was
made on May 23
by Smith, Barney & Co. at $26.50
per
share.
It was completed.—V.
181, p. 545.

PROCEEDS—The net

of

Weeks

&

(par

(par $10)

108,000

per

one

ment ).

diameters

velocity in the pipe.
maintaining the high

Secondary Offering

—

offered

Robert W. Balrd & Co., Inc.

Net

Gas Service Co.

be

Central Republic Co.
Lee Higginson Corp

Mr.

being

of

1, 1955.
providing for

Langley & Co.

C.

approval

shares
place the

Oct.

as

to

15,000

Co

&

is

new
Type HHB pumps are similar'
Type HHA pumps which have been
high-volume irrigation
service.
Water

capacities have been increased, and
sucticp
have also been increased to maintain
normal

§5,808,871 shs.

4,60o

17,000

Hemphill, Noyes & Co.

Gardner-Denver

for

300,000 shs.

on

outstanding

The

Beane

Hornblower

The

$3

voting

40,127 shs.

*

Fulton, Reld & Co.

17,500

&

3,351,391

share.

per

company
stock from

shares

voted
to

American Industries,

The

Ralph

con¬

23

at

com¬

Shares

&

Webster Securities

Weld

Dan

increased

it

company,

retired

distribution

a

30,000

&

Fenner

p. 2013.

of

pumps

this

Jackson

See Twin Coach Co. below.—V.
a

par).

offered:

Templeton

a

Gardner-Denver Co.—Improved
Irrigation Pumps—
Gifford

be

being

Mitchum, Jones &

city.
holds

now

is

under

are

Blyth & Co., Inc
Kidder, Peabody & Co
Merrill Lynch, Pierce,

manufac¬

located

who

Corp.

fiscal

manufactured

to

were

stock

stock

Curtis

mill on the Savannah River at Port
It will supply the
major portion of the Atlanta
plant's

requirements^—V. 181,

and

common

the securities

Webber,

Stone

350

industrial

trolling

shipping

covering

this

General

Shares

Carl

opening on April
guests—customers, local business and civic leaders
Open House and plant tour.

an

amount

exercised

underwriters,

Paine,

F.

shipping

plant, one of 18 in which Gair
fabricates
began operation in March. At its formal

than

more

The

growing
new

for

carry¬

♦Earnings

named

Atlanta

containers,
29,

the

well-equipped

by

demand

been

cents

the

common

company

Other

300,000 shs.
$15,000,000 shs.

value)

UNDERWRITERS—The

Laurence M.

Co., Inc.—Opens New Plant—

expanding

accompanies

states,
Ga.,

Gair

the

the

a
256.000-square-foot plant at Dray¬
100,000-square-foot plant at Delphos, Ohio.

2013.

p.

not

60

25

outstanding

directors

29,676 shs.

; 45,144 shs.
__

principal

§Does not reflect 50%

W.

other

company has recently purchased
ton Plains.
Mich., and a
—V.

Coast

The

Outstanding
*$8,900,000

the

had

1,195,341

ters With Securities and

of

FINANCING

granting of options

shares

2,573,057

Great Atlantic Life Insurance
Co., Miami,

its

corporation's Restricted Stock Option Plan
to purchase up to 150,000 shares of common
options to purchase an aggregate of 82,500 shares had been
granted up to April 30, 1955,
of which options to purchase 51,925
the

demand.

for

in

of

of

result,

a

Great

stock,

a

best

very

of

856,137 shs.

preferred
par

1,194,686

See Colson Corp. above.—V.

to

30,481 shs.

($10

21,135.000
4,898,833

19,134.000

3.816,219

May

and

the

present share

construction

subsidiaries

on

of

rate

4,000,000

corpo¬

expenditures

1955.

"rv;:':';
well

be

the

reduction

subsidiaries

gross

.$8,900,000

($50 par value)

$455,000

19,640,000

5,327,265

2,451,215

Three Months Ended March 31—

4.75%

♦Includes

595,142
52,335

20,518,000

authorized

intention

As

31, 1955 the telephone
$145,660,884. Consolidated
for the 12 months ended

preferred

$Under

699,381

March

revenues

Telephone

4.40%

Common stock

$4,656,000

1,301.762

390,475

2118.

p.

dividend

there¬

exchanges covering about 4,000
telephones number about 1,838,000.

1964

.

$5,553,000

i,142,034

income

stockholders

of

the

$17,758,292.

pfd. stock

$5,098,000

shares

and

by

1955

additions

net

split

shares

equities
for

Authorized

334%
Cumul.

1952

Grand Union Co.—Two-for-One
Split Voted—

thereafter.

1960

subsidiaries

will

which

operating

General

.

1953

1,747,383

railway
railway

181,

The

stock

1,131

Company-owned

EARNINGS—For

CAPITALIZATION

Fruehauf Trailer Co.—1955 Seen as
Company's "Very
Best Year"—Customer Demand Continues at New

—V.

be

to

1—

oper.

thorized

common

common

be

common

to

connection

operating

in

plants

proceeding

are

1,014,889

income

from

from

30, 1970.

will

sale

in

proceeds

program

share

through June 30,
after June

in

use

$78,718,000

competition

production

1954

$5,517,000

railway

Jan.

ry.

holding

a

munities.

March

Frontier Refining Co.—Bonds Sold
Privately—Carl M.
Loeb, Rhoades & Co. have arranged the private place¬
ment of $1,500,000 first
mortgage bonds, 4% series, due
June 1, 1969.—V. 180, p. 1432.

Gross

to

lVs

one

share

advances

for

16

Texas,
plans
for
increased
p. 2241.

that

railway

oper.

Net

company,
operate in 21
states located In all
major geographic areas of the country.
They provide telephone service,

1876.

p.

into

investments

application

BUSINESS—The

such

181,

proceeds

estimated

an

Into

$50.25

temporary
and

government synthetic
purchased
by Goodyear are

1955

from

ry.

Net

telephone plant
of about $54,350,000.
The projected construction consists principally
of additions,
improvements, and replacements, including conversion of
additional exchanges from manual to dial
operation.

net

Corp.

and

$52.50 per

construction

a

of

subsidiaries

Houdaille-Hershey

convertible

1970,

at

additional

bank

ing out

Frontier Industries, Inc.—Sale Approved—
See

Net

Lynch,

through June 30. 1960, thereafter into lVs
through June 30, 1965, and then into 11/10

30,

and

year

sales, the selling
stock
amounting to 14%, 12.8%,
the outstanding shares.—V.
181,

p. 2356.

for

plans.

offering

Francisco, 20,000 shares;
Treasurer, of Saa/Fran¬
of Linden,
Call., 28,000

under

shares.

hold

to

respectively,

The

is

prices decreasing to

their

May

on

supplied by amendment.
shares of stock.
The selling
being sold by each are as

San

trustee

18,400

SEC

capital stock, $1
thereof.
Dean Witter

the holders

750,000

of

the

outstanding

Director, Secretary, and
shares;
Marjorie D.
Webster,

cisco, 20,000
shares; and
John
decreased,

amount

with

underwriter.

to

are

outstanding

the

its

principal

underwriting terms

stockholders
follows:

the

as

at

ration

78,400 shares of
par, to be offered for public sale by
&

June

redeemable

subsidiaries

registration statement

a

1955

stock

PROCEEDS—Net

Leandro,

Calif.—Registers With SEC—
This

1,

common

after

Friden

preferred

new

sight the Goodyear SRO

two

headed

group

Co., Inc.; Kidder, Peabody & Co.; Merrill
Pierce, Fenner & Beane and White, Weld & Co.

SEC

the

the

Houston,

and

from

Net

&

Iowa—Files With SEC—

May 6 filed a letter
of 4%
first mortgage

on

and

that

April—
Gross

jointly by Paine, Webber,
Jackson & Curtis; Stone & Webster Securities
Corp. and
Mitchum, Jones & Templeton. The stock was priced at
par ($50 per share) and accrued dividends.
Other prin¬
cipal members of the underwriting group include: Blyth

silicone

announced

Grand Trunk Western RR.-Earnings—
1954

1561.

p.

underwriting

kindred

insulation

In

necessary.

the

The

181,

In

now

withdrawn."

vigorously.—V. 181,

General Telephone Corp.—Convertible Preferred Stock
Offered—Public offering of 300,000 shares of 4.25% con¬
vertible preferred stock was made on
May 25 by an

,

proceeds went to D. J. O'Conor, who

products.
resin

Akron

expanded

$81,506,721 $67,845,555
2,404,656
1,732,442

earnings

—V,

been

Thomas

From

corporation

where

in

in

now

industry. With this objective

has

was

holder.
The

are

1955

sales

Net

common

This offering

the

Mr.

General Shoe Corp.—Sales and
Earnings Rise—
Net

Co., Cin¬

May 11 offered 1,650 shares of

on

par)

completed.
The

Hutton

E.

to

powerful

bid

6 Months Ended April 30—

Formica

most

for

shipment In 1957 to the Astoria
part of a $65,000,000 expansion program.

operation at the station.—V.

1076.

p.

and

company

machine

new

Station

CAPITALIZATION

the

by

world.
...

Inventories

Monday, May 30, 1955

...

on

registration

a

statement

with

the

fund debentures due June 1,
1985,
public sale at competitive bidding.
Net
proceeds from the sale of the debentures,
together with the
net proceeds from the sale
on April
25, 1955, of $2,000,000 of bonds
and funds on hand will be used
to refund $5,000,000 of its 2V»%
notes
due Aug. 1, 1955, and to purchase
approximately $3,800,000 of
to be offered for

ties

securi¬

of

Spring

sidiary

Valley

($1,800,000

finance

Valley.

the

balance

be

applied

$8,500,000

for

be

de

The

for

this

the

The

1955,

Works
of

of

The

the

as

construction

program.

for

Water

issued

will

company
new

and

de

Spring

construction

&

Supply

Co.,

date),

which

Forest

Lake

toward

Valley

during

1955,

its

principal
to

are

Reservoir

Hackensack's

expect
of

to

which

Forest Lake Reservoir.

the

by

purchase
due

of

June

the

$8,000,000 principal amount
1, 1985.—V. 181, p. 2118.

expend

of

to

Spring

construction

has announced that it proposes to issue on
public invitation for the submission of bids on June

debentures

sub¬

issued

about

$4,500,000

company
a

be

will

June

3,

15,

1955,

sinking

fund

C

'i

Number 5433

181

Volume

.

(2473)

The Commercial and Financial Chronicle

.

.

■

No.

'

„

.

4-E

that

and

April

on

the

29

well

and
Stanley, M. Sorenscn
Hammond, formerly President,

drilling

was

at

to

3 Months Ended March 31—

Net

Fibre

Continental-Diamond

2242.

p.

before

esti. U. S.

Minority

-

Quarter Sales and Earnings Up—

Net

sales

the

for

sales

net

'

For

the

—V.

income

subs,

of

sales

of-

April

ended

totalled

sales

dollar

^0,. 1955,

Net

."".--"-in.. •'

' * •'

t

.

Hilton-Hotel Corp.

*■.
•*'

Three

Gross
Net

revenue •

.

'

Net

lor income

1

erties

Net

sale of

profit before, income from

Total

net

$2,690,251

243,145
5,448

Consolidated

net

$1,778,104

Illinois

$1.55
.12

$0.89

,

in

Bell.—V.

etc..

—...

1,656,351

on

shares

.."-■'Integration
said.

March

on

the

of

smoothly

proceeding

31,

1954.

froiix,,. the

v

by

'

the

in

operation

combined
the

on

Rodgers,

against

filed

suit

Division

Anti-Trust

the

of

the

to

by

requests

of

the

for commercial

production

is

it

in

are

Horton Aircraft
The

Securities

'

,

•

•

on
April 27,
of Justice, Mr,
this action

150,000 shares of common
on a best-efforts basis.

of

the

registration

tically allsold.

'

Milton Blauner & Con¬

and

therein

scheduled

was

According
to

believe"

cf

material

therein

to

The

the

facts

27,

May

corporation.

The

omits

and

material

and

misleading."

facts

to state

maerial

stockholders

required to be

—V.

cf

Frontier
Mr.

lines

goes

19

May

approved

stated

"certain

which

stock

Cuba.

10

them

of

are

unprofitable.

all of

its

Products

be

to

Nickel

625,
1S54

Net

"

of

report

this

9 Months Ended

Ltd.—Earnings—

—V.

Net

$469,665

the

for

four

months

of

International
of

■

Corp.

Telegraph

&

product-

Embrechts

been

has

of 1955 should

since

ISTC.

1952.—V.

181,

p.

This

Boston

.investment

•

filed

an

amendment on

to

shares :of

Investors

•

-

"

hand tools such as hammers, wrenches and screw drivers..
Another
subsidiary, Buffalo Crushed Stone Corp.,
of Bowmansville,
N. Y., provides crushed stone for roads, railroad-ballast, building and

its
registration
statement covering an
Beneficial Interest in the Trust.—V. 181,

additional

Lake

23,
200,000

May

V.

p.

Canada,

of

p.

Husky
This

Ltd.,

1878.

Oil

is
'

,

Royalty Co., Inc., Tulsa, Okla.—Progress—

announcedthe completion, on April 19. of its.the Emma Field, Andrews County, Tex. The
acreage in which Husky has-a-100%
working interest.*

company

has

location
The

is on

company

announced,

also, that on April 24 it spudded in




the

the

com-,

and

with

one

temperature,

pressure,,

Superior & Ishpeming RR.- -Earnings—
1953

19^2

Royalty Co. of Houston,
the oil producing states
stated that several royalty purchases in the Province of

From

had

Jerrold Electronics Corp.,

This

Net

corporation

filed

a

registration

statement

with

commission to the. underwriters. The com¬
sell to the underwriters, for an aggregate sum
5c per optioned share), stock purchase war¬
entitling the holders to purchase an aggregate of 75,000 common

share with a

60c per share

pany-has also agreed to
of $3,750 (equivalent to
rants

*94,906

"148,217

♦141,522

*116,284

130.497

174,635

*360,297

income—

oper.

181,

Lockheed
.

the SEC on *

19,

bentures!,
to

$76,534

*393,829

*335.429

*297,157

*397,423

railway

from
ry.

♦Deficit.—V.

Philadelphia, Pa.—Registers
Commission—

1955, covering $2,750,000 of 6% convertible subordinated de¬
due-1975, and 200.000 shares of its 10c par common stock,
be offered for public sale by an underwriting group headed by Van

May

$57,839

*119,456

*430,748

*385,786

*352,029)

p.

202,01?

1600.

pools

,

*

1954

$45,353

*139,101

1—

Jan.

Net

Saskatchewan,

discovered in their- immediate vicinity, one
being the Nottingham"and the other the Alitte. .
A totql of 1,094,51.6 % shares of common stock are now issued and
outstanding and no treasury stock has been sold since the year 1928.
All of the preferred stock was retired in 1947.
The company acts as
its own transfer agent.—V. 180, p. 1434., 9 have

Canada,

1955

143,983

'

reported on the progress
purchase of the Richrock
Texas, and other royalty purchases made in
of the United States and Canada.
He also

Alstyne, Noel & Co. and Butcher & Sherrerd.
The debentures are to
be offered at 100%
of principal amount with a 10% commission to
the underwriters, while the common stock is to be offered at $4 per

.

fourth "Ellenburger" well in

shares of

expand

$51,877
*116,407

Clyde P. ..Graeber, President, on May 3
made during the past year, setting out the

shock absorbers,

automotive, -air¬
industries." A .subsidiary, Houdaille-Hershey!
Canada's largest producer of bumpers.—

Co.—Completes Another Well—

to

study.

develops

1878.

With Securities and Exchange

.

181,

used

past 27 years the company has specialized in.
electro-magnetic control apparatus.
During the
S.
Army
Signal Corps employed Kurman for

March—

logued

Co.

be

*130,284

1955,

specializes in lubricating machinery for the machine tool, diesel engine,
air compressor and
chemical industries.
A subsidiary, Buffalo Arms, •
Inc., of Akron, N. If., is at present entirely engaged in the production
of defense weapons.
Fairmont Tool &; F-orging, Inc., & subsidiary lo-,
cated
at Cleveland,
Ohio, .manufactures custom forgings andr cata¬

Houdaille-Hershey- supplies.bumpers,.bumper guards,
cleaners and numerous other components to the-

to

manufactures relays which
are
remote
or
more contacts than can
respond t©
time, current or vibration; auto-,
matically operating any electrical apparatus.
Another product, the
vibrator, is used to change low voltage direct current to alternating
current.
In addition, Kurman Electric designs timing devices for us©
in electronic equipment.
The company supplies relays for automotive use, elevators, burglar
alarms, fire alarms, control apparatus, telephone equipment, aircraft,
electronic applications, textile machinery, communications and numer-'
ous other fields where electronic
equipment is used.
Presently, Kurman is doing research on a relay system that i»
more sensitive, lighter and smaller than present relays.—V. 181, p. 2119.

2119,

company

U.

switches

in

changes

as

Investment Trust of Boston—Registers With SEC—

j

and

firm

controlled

elected

of

the

War

research

ISTC Elected—

President of International
Standard Trading Corp., a subsidiary, which
is primarly concerned
With
development
and .coordination
within the IT&T System of
automation, practices
and equipment,
and is the originator in the
United
States
of
the
highly successful
automatic pneumatic tube
systems now widsely used by hospitals,
industrial- concerns, finan¬
cial
institutions,
public utilities,
oil companies, credit information
services, and government agencies.
Mr,
Embrechts has been Vice-President and
General Manager of
C.

Albert

-

a

craft, rail arid "refrigeration

development

are

the

BUSINESS—For

New

proceeds

and research program.

pany's development

1954.

—

City, N. Y.—
Co., Inc., New York

Co., Inc., Long Island

Electric

Offered—John R. Boland &

PROCEEDS—The-net

the

Telephone

$1,408,236
$3.02

$1,366,217
$2.93

common

The

President

——

City, is offering publicly an issue of 100,000
stock (par 25 cents) at $3 per share.

America—Earnings Up—

comparable

1,510,000 *' 1,860,000

taxes—

taxes

1312.

181, p.

Kurman

1878.

p.

after

3,268,236-

2,876,217

——

share (on 466,630 common shares)

Earnings per
—V.

company

181,

1954

1955

April 30—

Federal income

earnings

Korean

his

air

.

taxes——

before

Provision for

Stock

against

as

$5,883,228
2,447,258

$6,362,387
2,644,564

$1,510,760
658,664

$28,690,064 $33,062,740.
Earnings

company

International Rys. of Central

'

-paving.

$1,614,832
679,907

Corp.—Earnings—

King-Seeley

reports net income for the month of April, 1955 of
$215,828, compared with $44,817 for the like month a year earlier. For
the four months ended April 30, 1955, net income aggregated $588,396

not con¬

continuity of payments/'
•,
..
1
confidence in the future of the company, Mr. Peo
announced that he had agreed to purchase an additional 50,000 shares
df Houdaille-Hershey common stock at the prevailing market price or>
$14 per share, whichever is lower. Then owning approximately 100,000
shares, he will be the company's largest single stockholder.
Frohtier
Industries,
through its Manzel Division, Buffalo,, N. Y.,'

op:_

operating inc.—
2119.

181, p.

Los.

Co.,

equal to $1.19 a share on the common, and in the first quarter of.
net earnings were $16,046,937, or $1.06 a common share.—V. 181,

The

good"; probably equal to those for the corresponding period of last
year.1 Nevertheless, he said, "the readjustment of our product lines
will require, some time.
Moreover, the elimination of non-profit items
probably will reduce over-all sales during the latter part of
1955:
Consequently,- earnings for that period may be affected adversely."
"In the .light of these problems," Mr. Peo said, "the, board of direc¬
tors arid' management believe it prudent in the long run interests of'
the company and its shareholders to postpone- the redemption of divi¬
dends until operations: have been stabilized
and there is reasonable
Stressing

1955—Month—1954
1955—4 Mos.—1954
$3,694,458
$3,550,822 $14,431,863 $14,102,031.
2,079,626
2,040,062
8,069,476
8,218,803

April 30—

from ry,

rev.

ry.

—V.

1311.

p.

be

1-

City Southern Ry.—Earnings—
rev.,

stockholders.—V. 176, p. 1266.?

Co. of Canada,

With SEC

23

exps.

Net

with the
(par $1)

_

certainty of

May

on

Railway operating

and subsidiaries for the three months
ended March 31, 1955, issued by Dr, John F. Thompson, Chairman of
the
Board
of Directors, shows net earnings of $20,678,248 after all*,
charges, depreciation, depletion, taxes, etc., equivalent after preferred*
dividends, to $1.38 per share on the common stock.
In the three months ended Dec. 31, 1954, net earnings were $17,864,The

those expanding diversification.

sales and .earnings for the second quarter

$1.38

'

'

International

^."Commenting on future prospects, Mr. Peo-said that "present indica¬
tions are that

company

Period End.

(Calif.)—Files—

on May 10 filed a letter of notification
approximately 55,000 shares of common stock
offered at the market through Francis I.
duPont &

$2,922,000

$1.57

stock_c.____-

of common

Railway operating

corporation

$3,312,000

—_——

__.

share

covering a proposed

Kansas

413,760 shs.

covering

46,815,000
3,391,000

,

Outstanding

1,000,000 shs.

cents)—

3,605,000

*

FINANCING

Authorized

*

•

(par

PRESENT

TO

EFFECT

Angeles, Calif., for the account of selling

to

profitable items, preferably

to

GIVING

International Glass Corp.

earnings, or with little prospect of doing so, will be
eliminated, with the facilities being used to produce them to be devoted
tributing

acquired

inter¬
by Inter American. The
the Cambute area, 17
the five claims in the El Iris and Dos Palmas

J

The

large

to automobile manufacturers.
that the company is studying

determine

1954 has

181, p. 1562.

SEC

the

said

also

Peo

to

5,

necessary

automobile manufacturers Increase
ingly are integrating their own operations, thus reducing the per¬
centage of the industry's
total parts requirements purchased from
independent suppliers," Ralph F. Peo, President, said that. HoudailleHershey intends to pursue an aggressive policy of product diversifica¬
tion in fields other than automotive, which
now accounts for
threefourths of Houdaille's sales.
None of the widely diversified products
that

out

April

on

earnings

51,691,000

—

taxes.——i

income

filed-with the SEC a registration state¬
offering of 245,000 shares of common stock,
(no
par value).
It is expected that the shares will be offered to
stockholders
of record
June
9,
1955, on
a
one-for-ten basis, and.'
that
the offer will
expire on June 27, 1955."
The offering will be underwritten by a group headed by The FirstBoston Corp.
and Blyth & Co., Inc.
'
"
Proceeds will be used to retire
short term loans incurred in con¬
nection with the company's construction program.—V. 181, p. 2119. ,i

-

Delaware

1

Kansas City Power & Light Co.—Registers

.

••

.

May 17.
Pointing

Negros area,

CAPITALIZATION
.

acquisition by this com¬
pany of the assets and business of Frontier Industries* Inc., and its
subsidiary companies, through the exchange of 1 V2 shares of HoudailleHershey common stock for each of the 265,000 shares of Frontier
Industries common now outstanding.
Issuance of the 397,500 shares
of
common
required for the acquisition will rajse to 1.182,500 the
number of shares of
common
stock then outstanding for HoudailleHershey Corp.
Frontier Industries stockholders approved the sale of
the assets and business
of their company
to Houdaille-Hershey- on
on

Los

Common

lacs

purposes.

in

sections.

hearing

Houdaille-Hershey Corp.—Acquisition Ratified—
The

the

in

registration

The

incorporated

and ad¬

etc._-.__-

expenses,

181, p. 2242.

The

mittently by Cuban interests before being leased
leases include 16-claims in certain sections of

to make the statements thrrin
statement relates to a proposed
public offering of 500,000 shares of common stock at an initial public
offering price of $1 per share, of which 400,000 shares were to be
offered by the issuing company and 100,000 by William E, Horton, its
President.
Proceeds of the sale of company stock
were to
be used
for the purpose of securing a factory or assembly structure in Santa
Ana,
Calif.,
and constructing
a
production
model of the
"Horton
Wingless Aircraft,"- according to the prospectus.
See V. 181, p. 2119.

not

corporate

general

firm,

24-year lease on 7,335 acres of property in Oriente Province,
The'properties—a total of 38 mining claims—had been mined

Commission's order, there- is "reasonable cause
registration statement "includes untrue statements

the

that

for

by this
1955.

Net

general

$58,608,000 $53,128,000

1

'

-

selling,

products sold,

Earnings per

ment

a

Exchange

filed

for

1955
1954
$57,900,000 $52,472,000
708,000
656,000

;—_»/

—_

income

of

Federal

used for payment of out¬

to be

are

Rise—

-*

income

ministrative

—'V.

proceeds

J

customers

to

other

Cost

—

•;

net

PROCEEDS—The

;

•■-

.

1776.

P.

standing obligations; to begin mining and milling operations in certain
sections of. the Cambute area; to purchase machinery and equipment;

Corp., Las Vegas, Nev.—Investigated

statement

All

The issue has been prac¬

share

Commission on May 19 announced the
institution of proceedings under the Securities Act of 1933 to determine
whether
a
stop order should be issued suspending the effectiveness
and

18l(

*

Johnson—Earnings

&

Three Months Ended March 31—

Sales

response'

publicly
stock (par 10 cents) at $5 per

" .•'

•

a

ine., both of New York City, on May 17 offered

completely unfounded and the suit will be defended vigorously."
corporation at present has nine hotels planned or under con¬
struction in cities throughout the world, of which the first to
open
/will be the. Istanbul Hilton in Istanbul, Turkey, scheduled to
have
premiere, on June 10 next.
Also nearing completion are the Beverly
Hilton in Beverly Hills, Calif., to be ready for bu.'imss on Aug. 12, and
the. Statler Hilton Hotel in Dallas, Texas, slated for opening in
the
fall'.—'V. 131, p. 2118 and 2242.
'

delivery of
Charles
division.

Offered

Stock

—

The

•

part

stated.—V.

was

Industries, Inc.

Baruch Brothers & Co., Inc., and

"In the-opinion of counsel for the corporation,

•;

vv.-v.y;,.

Total

"

is

.*

large

-

shares

5,555

Johnson

company's nylon

the

fiber

denier

8

manufacturers,

carpet

American

Inter

company

Department

introduction

The

-

further economies
-L' !/ ;•

and

started

"

notification with the SEO

of common stock (par $1) to be offered to
employees under stock purchase plan at $2 per share under the closing
price on the New York Stock Exchange on the day before the applica¬
tion to purchase the stock is accepted.
The proceeds are to be added
to working capital and used,for general corporate purposes.—V. 181, P."
covering

Product—

charge of sales for

in

development
will be used

Inc.—Files With SEC—

corporation on May 6 filed a letter of

The

nylon staple fiber, it was reported on May 23 by

Jr.,

■

*.

Commenting

1955,

>

corporation has
8 denier

new

a

E.

and

into the Hilton organization
Conrad N. H.lton, Pre/id nt,
operating costs are already
being

anticipated,'.'.

Hilton said,

"

*

•

$1.05

/

1955

31,

March

on

Statler properties
and profitably,"

economies

/'Substantial

realized

outstanding

shares

the

to

that amount, of promissory notes of two of the predecessorof the proceeds will also be used to develop the

Jewel Tea Co.,

t

1562.

p.

aggregate

added

2242.

.16

$1.67

Total

1,613,215

181,

the

be

general working capital.

for

an

Industrial Rayon Corp.—New
This

is

1955,

number of

a

that

companies, while part

intends

company

July,

operate

instance

'

$1,778,104

The

community antenna systems.
A principal purpose of the
to enable the company, in addition, to construct, invest-

product lines, to expand the company's engineering and
department and to increase sales personnel. The balance

common

per

operations
From sale of properties,

♦Based

'■

...

$2,904,107
18,746

,

From

'

" 1

..

$2,885,361

interest—

profit
share:

1955.

,

installation,

intended

prepay

to offer for sale through competitive bidding
additional series of first mortgage bonds in. the
amount of $30,000,000/ the, proceeds of which would be applied td the
repayment of advances then outstanding to American and the balance;
if any, to general corporate purposes,
including capital expenditures,
American owns 3,953,638 shares (99.32 % ) of the outstanding stock of

(net)

Minority

which

and

$1,529,511

217,191
Dr3,335

properties

of

profit...

Deduct:

•Earnings

sale

is

the. first

American Telephone & Tele¬
(parent), .which on April 30, 1955, amounted to $74,800,000
it is estimated will amount to about $97,000,000 by June 30,

graph Co.

is

and

own

It

;

Co.—Registers Stock Offering

share for each six shares then
underwritten... Net proceeds are to be ap¬

not

of 750,000 common shares whereas the
employees will have transferred assets
paid $50,009 cas.i for

community antenna systems.
net proceeds of $3,136,162 will in
general funds of the company to
be available for general corporate purposes.
The company presently
intends that a substantial part thereof will from time to time be in¬
vested in such community antenna systems as the company considers
to be for its best interests.
$450,000 of the proceeds will be used to

in,

ratio of one new

is

offering

The

of

financing

i

registration statement with the SEC on May 17,

a

sale,

tenance

to pay for exploration and devel¬
,

the

and

company's business

facture,

toward repayment of advances from

plied

V*

filed

1955 '< in the

3,

held ),

aggregate

an

consists of the design, development, manu¬
servicing and leasing, of master antenna
systems for television reception.
To date the company primarily has
designed, manufactured, sold and-supervised the installation and main-:
The

on

offered

June

1,590,318
,

__

from

additions

,

,

prop-

—

profit

other

BeJI Telephone

J.,

covering 663,469 shares of its common capital stock, $100 par, to
lor subscription at-$100 per share by. stockholders of record

1955,

3,lli„8i9

2,722,614

above—.

on

Hoboken, N.

The net proceeds are to be used
opment costs, etc.—V. 181, p. 1776.

be

for

having an aggregate book value of $470,208 and
900,000 common shares.

—Also Plans to Issue Bonds—

^

%: 5,412,865

taxes

$3,550,000

Offered—Garden

Inc.v (Wyo.)—Stock

Uranium,

The company

X

.

Shapp, of Philadelphia.

J.

original, stockholders

Securities,

Illinois

1954
?
$45,726,177 $28,300,609
1955

__L-I/Li___

$0.47

•

operating profit?..:.*:

Provision

„

-/

March 31—

Ended

Months

•'•*

;

Subs.)—Earnings—

(&

200.846

outstanding—-,———__

May 18 offered
publicly 1,200,000 shares of common stock (par 10 cents)
at 25 cents per share as a speculation.
:

of

increase

nn

$99,697,792.

shares

of

3,251
$130,835
200.004
$0.55

'

181, p. 311.

Ibex

'7.6% over the/1954 12 month .period
earnings for the comparable 12 month
periods of 1555 and 1954 were $3,048,034 and $2,471,756 respcc.ively,
to
equal $3.26 against $2.60. a, copimon share after provision foi
preferred stock dividends. The company's fiscal year ends on Jan. 31,
:1956.—V. 180, p., 2188.
v
"V'1
" "
'0
$107,316,124,

138,487

1,722

company

'

earnings

States

33 c_nts a common share.

or

98,913

Canadian taxes on inc.

and

on

Earnings per common share (after pfd, divs.)

of

of $337,551,

1954

months

12

level

$22,295,461,

were

ending April 30,

ended

quarter

the

from

$23,894,561

when

272,573

$114,931

interest

Number

April 30,
1955 were up 7.2%
sales for. the like period of 1954
it. was announced on May 24 by
Robert H. Levi, President.
Net earnings for the lirst three montns
of the company's current fiscal year were $432,922 to equal 44 cents
a common share
and compared with net earnings for-the three montns
Net

to

$3,334,551

215,566

,

N

Hecht Co.—First

1954

$3,565,678

____

taxes

was

company

Milton

-

1955

—i

j

for

Frov.

181,

above.—V.

Co.

sales

Earnings

share.

employees at $1 per

The

Huyck & Sons (& Subs.)—Earnings—

(F. C.)

Haveg Industries, Inc.—New Name—
See

its

organized, on April. 15, 1955; its President Js
It is in the process of acquiring all
of the capital stock of another company of the same name, which was
organized in 1948, as well as that of seven Other corporations in which
Milton
J.
Shapp and his wife were controlling or important stock¬
holders.
To effect the acquisition, the company issued to Mr. and Mrs.
Shapp and 11 others an aggregate of 850,000 shares of its common,
stock.
Of this stock, 100,000 shares were sold. to. the two underwriting
firms and one other person, for investment, at 10c per share. Assum¬
ing the sale of securities, as proposed, and the conversion of the de¬
bentures
at
the initial
conversion
price, the public will have paid

Chairman
Mr,

at any time prior to May 1, 1960. The com¬
an additional 50,000 common shares for sal©

shares, at $4 per share,
pany also is registering

which Husky has

latter well is located on acreage in
three-quarter working interest.—V. 181, p. 1878.

a

as President.
will continue as Chief Admin-"
istrative
Officer,
but will be free to devote more of his time
to
long-range planning.—V. 181, p. 1310.
;

t

-

Cowden

Emma

feet/. The

2,310

of

newly-created position

has been elected to the

Hammond

Laurens

in Personnel—

Co.—Changes

Organ

Hammond

17

resenting

Aircraft

Corp.—Debentures Offered—Rep¬

of the largest financing operations of re¬
within the aircraft industry, a new issue of

one

cent years

$30,000,000 3%% subordinated convertible debentures,
due May 1, 1980, was offered on May 25 by an under¬
writing group headed jointly by Blyth & Co., Inc., and
Hornblower & Weeks.
The debentures were priced at
100% and accrued interest.
privilege
extends through April 30, 1965 unless th©
called for earlier redemption.
They are convertibl©
stock of the company at $50 per share, subject to ad¬
justment.
They are redeemable under a sinking fund commencing
at 102% on May 1, I960 and declining thereafter to 100 % at May 1,
1965
and thereafter.
Optional redemption prices range from 103%
Conversion

debentures
into

to

are

capital

the

principal amount.

PROCEEDS—The

sale

to

meet

company

increased

cash

to use the proceeds from th©
requirements for larger inventories irk'

proposes

18

(2474)
The Commercial and
Financial Chronicle

connection
to

with

enable

it

of

terms

of

certain

contracts;
accept new orders or undertake new projects for the
from changes in procurement
policies, and for
improvements to its properties and facilities.

ties

generally
and
the

ui

of

Various

parts.

repair

related

to

company's
the

to

companies

S.

the

air¬

aircraft

sells

and

in

and

volume

in

Government

customers.

At

1954,

and

81%

11%

April

represented

sales

2955

3

ration

and

income

net

capital

stock.

was

The

sales

in

1954

of

the

sales

aircraft

estimated

amounted

$22,446,000, equal to $7.94
principal plants are

GIVING

EFFECT

TO

to

and

in

1980

due

May

($1

'Exclusive
the

of

PRESENT

shares

value)

par

reserved

reserved

initial

for issuance

tives,

exercise

have

severally made a firm
the respective
principal

company

below:

Boston

A.

Inc.

Becker

&

Co.

Inc.

Republic

G.

H.

Walker

American

&

1955,

300,000

300,000

a

250,000

Alex.

250,000

250,000

Sons

Kidder, Peabody & Co.
Lazard Freres & Co.
Lee Higginson

650,000

Clark, Dodge & Co

650,000

Francis I.

du Pont & Co.

S.

650,000

Irving Lundborg & Co-

250,000

650,000

William R.

Co.

250,000

Tucker, Anthony & CoBrush, Slocumb & Co.

250,000

650,000

of

J.

Army

in

probably

be

Since

substan¬

in

to

four

from

applied
banks

from

the

SEC

time

for

to

however,

authorization

time

to

the

Corp.—

Merrill

Lynch,

——_

Pierce,

Fenner & Beane
Stone & Webster Securi¬
ties Corp.

Net

Hayden, Stone & Co._„__.
F.

W.

Hutton

E.

Carl

F.

Hutton
M.

&

&

Courts & Co——

Elworthy & Co
Clement A. Evans &
Co.,

100,000

400,000

400,000

Witter

A.

Co

Richards

&

Stearns &

181,

Co

McDonald

300,000

Inc._

Walston

Bell

&

room,

100,000

&

100,000

Co

1

found

Co

The

Irving Trust Co.,

the

common

New

York

City,

has been

—V.

This
company
plans
to offer subscription
rights
shareholders about
July
1,
1955, to subscribe to

shares

the

on

basis

of

one

subscription price

will

and

shares

unsubscribed

The

also

company

employees at the
employee offering
authorized
—V.

by

181,

be

be

proposes

time

same

will

share

new

determined

will

be

to

and

made

shareholders

in

for

to

offer
at

each

ten

its

shares

immediately prior

sold

additional

same

pursuant

1953

to

common

additional
held.

the

The

offering

underwriters.

an

the

to

and

33,543

shares

subscription

will

price.
purchase

stock

a

not

to

The

plan
underwritten.

be

2015.

p.

to

624,170

Lumbermens Mutual Casualty
Co.—New Director-

Arthur

Motorists

elected

of

Lumbermens, James

S.

to

the

executive com¬
of the
companies

Kemper, Chairman

announced.

Lumbermens also elected E. J.
ing Co., Detroit, to the Midwest
Senior

Vice

ment

—V.

President of

-banker,
176,

Andersen, President, of Goebel Brew¬
Advisory board and James T.

the

company,
Conn.,
to

Greenwich,

Frank

the

Eastern

1378.

p.

Haviland,

and

F.

Winans,
Advisory

invest¬

This

corporation

May

23,

stock

(5c

common

1955,

filed

a

covering

registration

122,300

par), 6,000 outstanding
shares (as well as the

statement

shares

of

its

warrants for

with

the

SEC

outstanding

on

common

the purchase of
439,800

common
shares), and 6,000 outstand¬
ing units of "Oklahoma"
participation certificates (each
entitling the
holder to receive one
6/1000th of 5/12ths of
Magna's percentage of
profits due from the distribution
of
"Oklahoma."
These securities
are
to be
offered for sale for the
accounts of
the present holders
thereof.
Principal among these are:
Kuhn, Loeb & Co., United Cali¬
fornia Theatres, Inc., Harris
Upham & Co., Prudential
Theatres, Inc.,
Carl M. Loeb Rhoades &
Co., Brown Brothers Harriman &
Co., and
United Artists Theatre
Inc.

to

to

Completion

of

used

requirements,
Assurance
western

$40,000,000 financing
Stevens, Jr., President.
meet

the

Mutual

the

funds

Society

of

Life

company's

are

the

being

United

Insurance

to

insurance

1980

at

not

in

for

Interest
A

an

company

interest
of

excess

loans

rate

$10

of

of

the

funds

will

total

be

for

television

from

a

system

27

of

the

Concurrent
a

used

currently,

for

working capital. The balance will be
used
and improvements
needed to provide for

to

retire

the

company's

tions

181,

p.

2243,

5%

and

a

payable
bank

five-year

the

by

are

common

convertible

stock

shares

of

In

automatic
company

listener

at

no

moving
similar

debentures, due

called

feeling

sections

011

that

of

to

1885,

control

for

—

Offers

in

time,
each

The

at

the

share

'

15,

group

from

loans

period

at

of

1960

provide

Con¬

3'/b%

a

1965

$5,300,000

stock

forth

a

12

stock,
as

Securities Corp
Allyn & Co., Inc
Bacon, Whipple & Co.__—

in

addition

to

M.

&

&

The

corporation filed
a
registration statement with
the SEC
on
17, 1955, covering 45.000
shares of its $5
par common stock, to
offered
in exchange
for all
the
issued and
etock of The First
outstanding capital
National Bank of
Falconer, N. Y., at the rate "of
30 shares of Marine
Midland stock for each one
share of First National
Stock held of record
June 1, 1955.
The offer is
subject to the accept¬
ance
thereof by the holders
of not less than
80%
(1,200 shares) of
the stock of First
National.—V. 181, p. 1777.

their

Equitable

op¬

months.

of

The

corporation

Clinton

Foods,

amounted

in

taxes

the

first

amounted

$195,000

for

to

six

to

the

months

of

$1,095,000

same

Inc.

$2,101,632

period

for

1954.

for

last

the

year.

Equipment Trust Certificates
& Co. Inc. and associates on
May
of series A 3V4% equipment trust
—

bid

99.57%

by

550

for

the

all

new

certificates

steel

box

Stuart

and

&

&

Co.

flat

offering

are:

Tha

Oil

Inc.

In

the

Hutchinson

McMaster

3%s.

as

cars

&

Co.—V.

181,

2358-

p.

Corp.—To Increase Output—

&

Kuhn, Loeb
W.

Lehman

at

at

Port

the

C.

have

1,000

of

Inc.

May

25.

that

over

Co.,

of

Co

due

be

1975

Wyoming, Colorado

to

managed

tubing,
located

Huron,

13,000
6,000
6,000

_

Bros.

growth

Lehman

valves,
in

Corp.
&

Co._

fittings

and

different

The

balance

months,

will

wide

a

181,

variety

6,000

Harold E.

Wood

& Co

3,000

& Co

1,000

for plumbing,
The company has

has

warehouses
for

in

new

be

for

added

to

the

funds

general

working capital of the

com¬

178,

1571.

p.

of

12

Can

has

cans

plants

acquired

and

from

than

more

metal

coast

to

fabricated

coast,

99%

manu¬

houseware

ar¬

start

in

are

the

first

showing

two

months

improvement

of

1955,

operations

of

the
corresponding
President, stated on May 20.
Solinsky explained that results during the first
quarter
were
adversely affected by seasonal factors and
by the integration of the
company's new acquisition. Pacific Can
Co., which was

Robert

year,

S.

National

98.8%

of

Sales

consolidated

Can

in
February and March. National Can
Corp.
outstanding stock at March 31, 1955.

Pacific's

of

picked

National

Can

and

up

well

are

adding

that

for

the

of

the

ahead

months
same

of

March

periods

and

last

company now looks forward
remainder of 1955."
National
Can
Corp. for

and profits
during
Consolidated sales of

held

April

year,

to

he

"increased

the

the three
months
31, 1955, amounted to
$10,896,344. No comparison on a
basis
is
available.
Sales
for
the
quarter

amounted
to
as
compared with $8,855,903 In the like
period last year.
Pacific Can for the two months
since its acquisition
amounted
to $2,497,488 against
$3,717,428 in the same period last
year. In making
the comparisons
with the first quarter of
1954, it was pointed out
that the
company's

$8,398,856
Sales

.

Corp.

the

sales

March

over

Solinsky,

of

major

earlier

period.
lower sales

The

tion

of

Pacific

earnings,
loss

a

the

a

suffered

a

$170,065

like

loss
a

strike

during

that

non-recurring charges incident to the
acquisi¬
Can and new
financing had an adverse effect
upon
Mr. Solinsky. For the
quarter, National Can
showed

cents

17

or

share

per

the

on

stock

common

on

said

of

competitors

and

1,011,096

outstanding. This compares with net income
period last year. Including National Can's
share
for

the

net

loss

consolidated

two
of

months

$241,468

basis

is

period,

or

24

the

cents

available.—V.

shares
of

consolidated
share.

per

181,

p.

No

of

$17,884

of

Pacifio

companies

comparison

548.

1,000

Woodard-Elwood

3,000

and

548.

p.

slow

a

last

reported

Hornblower & Weeks

Tha

1313.

p.

National

operates

6,000

Hemphill, Noyes & Co

business.

stock.
now

Mr,

in

be

the

accessories

states,

Factors Corp. below.—V.

corporation

period

Can's

May

of

National Can Corp.—Operations
Improve—

6,000
6 000

Weld

181,

Straus-Duparquet, Inc.—Proposed Merger—

Can

3,000

Stone & Webster Securities

White,

Utah.—V.

Brothers.

refrigeration systems.

23

181,

Can's

After

1,000

& Hutzler

and

expanded

Mich.

Pacific

this

1,000

& Co

Brothers

of

With SEC—

finance

by

company and will be available
its subsidiaries.—V.

Standard

ended

1,000

worth

according to H. H-

May 23 filed a registration statement with the SEC
public offering of $5,000,000 of convertible subor¬

and

National

below;

Inc

$3,000,000

Robert S. Solinsky,
President, on May 23, announced that this cor¬
poration will acquire all of the assets
and business of Pacific Can
Co.
The stockholders of the latter firm
approved a plan for its dissolution
as a separate corporation.

convertible

names

Smith, Barney & Co

Corp._
3,000
The First Boston
Corp
13,000
Harriman
Ripley & Co.,

begin

National Can Corp.—Acquires Pacific
Can Co.—

severally

Langley & Co

Salomon

Securities

in

and

See

said

Morgan Stanley & Co
13,000
Murphey Favre, Inc
1,000
Piper, Jaffray & Hopwood
4,000
Reynolds & Co., Inc
3,000

13,000

to

estimated

Mizpah's five Moore claims,

properties

include

offices

ticles.—V.

1,000

1,000
Inc—

have

air conditioning and

During recent

Mason-Hagan, Inc.

3,000

day,

per

from

proposed

facilities

pany

leading

6,000
__

ore

Plainwell, Mich, plant of the
Valley Products Co.; and additional equipment for the
company's plant

160,000 shares

shares

respective

Kalman

1,000

Co.

the

principal cities throughout the United States.
essential purpose of the
financing is to provide funds

of

stock

below

of

1,000

Elworthy & Co

Marine Midland
Corp., Buffalo, N.
Y.—Registers With
Securities and
Exchange Commission—

named

3,000

Co

Read

the

figures reflected

five

taxes

were

for

operations.
Of the proceeds to be re¬
by the company, approximately $3,000,000 will
be used for the
construction and equipment of an
addition to the
Jackson, Mich, plant
its
subsidiary, Sheet Aluminum Corp.; the construction
and equip¬
ment
of a Canadian
plant for its subsidiary,
Valley Metal Products
Co.; the construction of additions to the

6,349.406 shs.

Johnston, Lemon &

3,000

Co

M.
of

consolidated

3,000

Phillips Co

Dain

year

ceived

Shares

24,000

G.

Dillon,

fiscal

reported

of

13,700,000

the

preference

numbers

opposite

Becker & Co. Inc
Blyth & Co., Inc

J.

1955

strike was confirmed on
May 20 with the
signing of a contract to expand mining operations
properties in Northeastern
Wyoming. The contract,
McNeill of Tulsa, Okla., calls for
minimum shipments

debentures

facturing

convertible

respective

C.

Caldwell

the

The

plant

manufac¬

Shares

Boettcher and Co
Alex. Brown & Sons

as
required for addi¬
Marathon's expanding

earnings, originally
calculated after

uranium

taken

a

continued,

the

and

said, to
preferred stock

with

Halsey,
and

uranium

sales

27

Outstanding
$5,300,000

|

13,700,000
*210,000 shs.

underwriters

purchase

pay

Stevens

and

with

preference

&

the

been

$18,292,430

Division

$367,741

income

secured

geologists

be

heating,

160,000 shs.

offered, may be issued

Bateman, Eichler

with

major

Nathan
is

7,880,000 shs.

Union

A.

of

The company Is a
leading manufacturer of copper and brass
products,
some of which are
made to the company's
design for its line of stand¬
ard products and others
are
made to customer specifications.
Such

outstanding shares,

set

Crop

income

Hutzler

be

underwriting will

convertible

UNDERWRITERS—The

A.

will

dinated

convert¬

outstanding

preference

had

months

Mueller Brass Co.—Registers

option of

of

controls

Authorized
Dec.

date.

to

months

wide

a

the

authorized

&

will

This company on

246,154 shares are reserved
preference stock, and 132,100
shares
were
reserved at May 1,
1955, for the restricted stock
option plan,
under which
options covering 50,100 shares are
tThe

the

six

Snow

against

Federal

Inc.,

tons

covering

Corp. and

Minneapolis-Honeywell
instruments.

used

are

the

of

comparable

of
outstanding
period, and 1,-

1955

$3,681,325.

with J.

products

Co.

any

stock

(par $1.50)

addition

six

Crop Division for
the

413.

p.

the

Outstanding
200,000 shs.

(cumulative)

conversion

the

Williams, Secretary-Treasurer of the
company,
Mizpah, with main offices in
Cheyenne, was formed in February,
1954, and has been engaged in
acquisition and exploration of both

price of $65 per share, equivalent

a

common

sinking fund debentures,
due April 1, 1972
Preference stock (par val, $100
per sh.)
3.30%
convertible
preference
stock

for

re¬

for

company's

100

ore

the

different

Securities

at

20-year 2.10%

♦In

Co.

Mizpah

CAPITALIZATION GIVING EFFECT TO PRESENT
FINANCING

Common stock

of

Federal

Bros.

cost

the

re¬

variety of fields, ranging
heating, air-conditioning and ventilation to
aviation, railroads,
steamships and industrial operations, and for
process control in the
steel, textile, ceramic, food,
chemical, pharmaceutical, petroleum and
other
industries.
Net
sales
of
the
company
during
1954
totaled
$229,491,837 while net income for the
year was $15,345,203.

2%%

the

number

the

share,

times

1955

$2,925,000

issue

to

Another

home

type of sound system,
the

Stock—Union

Life

North¬

The

made

tubes

vacuum

1,000,000 shs.

from

on

financial

Equitable

City,

p.

Salomon

on

for

for

stock.

BUSINESS—Founded
tured

1954

the

for

stock.
months of

six

the

compared
2243.

offered

the

PROCEEDS—Net proceeds from the sale of the
shares, together with
such
additional funds from the
company's treasury as may be re¬
quired, will be used to retire $16,000,000
principal amount of out¬
standing debentures, thus eliminating all
sinking fund payments and
maturities through 1963.
producer

—V.

181,

p.

Maryland Drydock
The
came

V.

stockholders
of

167,

p.

this

on

company
1472.

Co.—Changes Name—

April
to

20

approved

Maryland




a

proposal

Shipbuilding

&

to

change

Drydock

the

Co

—

Installing
The

oriignators

181,

of

in

the

completely

these

company

Minn.—V.

composition,

discussed

booklet

a

p.

located

8.

specifications,

ten-page

modern

describes

newly-developed
is

(&

Subs.)—Earnings Up—
1955

Income before Federal taxes
Estimated Federal taxes-

Minnesota Rubber & Gasket
Co,—New Booklet—

The

Corp.

Net

Quad-rings—their
company,

National Container

Three Months Ended March 31—
sales

2243.

vantages—are

the

certificates maturing
annually June 15, 1956 to 1970, in¬
clusive. The certificates are scaled
to yield from 2.60%
to 3.30%,
according to maturity. Issuance of the certifi¬
cates is subject to the
authorization of the Interstate
Commerce Commission. The issue
was awarded to the
group on May 26 on a bid of 99.3099%.

sets.

new

gives

coming from
instrument.

the

and

containing

by

Is

organ

shares

1.538

The

2V2

Mizpah Uranium

directors.

announced

future

the

York

$30,000,000,

existing

loans,

and

from

New

off

facilities,—V.

Into

preference

agreed

present

rate.

portion

was

Milwaukee, Wis.,

3%%.

million

program

obtained

States,

Co.,

banks.
The

produced

(par $1)

preference

Snow

year

for

181,

Illinois

a

to

half

—V.

the

and/or as
preference stock of
any other series created by resolution of
the board
of

Corp.—Completes Financing Program—

May 27 by John
be

the

preference

rate of

a

ible

above

To

and

are

181, p. 2358.

The

first

that

before

1955

period,

of

the inventor of
sound

from

organs

Authorized
stock

for

1954.

1955

company
recently introduced an electronic organ that sells
the lowest price of any comparable
organ In the industry.

the holder,

Circuit,

Marathon

radio

This

than

adjustment

1,172,189

common

Missouri Pacific RR.

associates on May 25 offered
160,000 shares of 3.30%
convertible preference stock
(par $100) at $102 a share.
This offering was oversubscribed and
the books closed.

board.

Magna Theatres Corp., New
York—Registers With SEC

effects

issue,

electronic

Minneapolis-Honeywell Regulator

T.

Leonard, President of City National Bank &
Trust Co.
Chicago, has been elected a director of
this company and
American
Insurance Co.
He also was

of

mittee

In

from

vertible

Long Island Lighting
Co.—Proposed Rights—

and

also

share

common

share

per

for

President,

preference

than

assets

Provision

is

the

the

30,

Income

make

CAPITALIZATION GIVING EFFECT TO PRESENT
FINANCING

appointed registrar

stock.

for

of

Nov.

the

for $890,

100,000

Long Island Arena,
Inc.—Registrar Appointed—

The

is

rather

Common

of

tones

music

100,000

2119,

p.

the

100,000

Lester, Ryons & Co

300,000

Co

Kerr &

400,000

Allyn & Co.,

those

100,000

Co.—

400,000

Dean

—V.

&

All

proceeds

the

electronic,

The firm

100,000

Henry Herrman
Hill

Curtis

The

net

of

expenses

company manufactures
Instrument is completely

"Tone-Arama."

Inc.

the

use

BUSINESS—The

100,000

400,000

Rhoades

Moseley & Co
Paine, Webber, Jackson

Bear,

to

400,000

Co

&

Loeb,

&

parts.

Co.—

S.

C.

200,000

Sutro & Co

use.

per

Fox,

announcement of the

will

company

offering to liquidate debts, pay
tooling and working capital.

200,000
200,000

cents

$1,006,632.

with $172,741

M.

beginning

this

per

prior

noted

purchased

Co., Inc., New York City, is offering
100,000 shares of common stock (par $1) at
$3 per share
on a best-efforts
basis.

Robinson-Humphrey

cents

was

period.

cents

the
more

Fox

erations

on

to

stock

1954

10

on

Associated

200,000

86

15

John

.

was

Offered—Halsey, Stuart

to

necessary,

1955

compared

1954,

period.

Mr.

interim

PROCEEDS—The

Co., Inc.

at

sales

1954

Minshall Organ Co.,
Brattleboro, Vt.—Stock Offered—
Baruch Brothers &

200,000

Schwabacher & Co

400,000

Co.

&

The

400,000
400,000

the

$47,330,121,

cars

200,000

—

pleton

400,000

_

—

—

Emanuel, Deetjen & Co._
Mitchum, Jones & Tem-

650,000
650,000

Dominick & Dominick
Drexel & Co.—'
E.

Staats &

Inc.

650,000

—

Union Securities
Corp.—.
White, Weld & Co
Bache & Co. —1

250,000

common

on

extent

1,

company

for

reported

and after
July 1,
not exceeding
$20,000,000 in the aggregate; and the
given Interested persons until June
2, 1955, to request
thereon.

to

2,
to

with

Giving effect
of

dividends

amounts

balance

the

158,939

production than in 1953.

which,

May

May

cumulative

shares

the

replaced the Castle
The changeover last year

1953.

ended

ended

company,

has called for redemption all of
its outstanding
prior preference stock,
earnings per common share
have been computed on the
assumption that the prior preference stock
had
been
converted
into
common
stock
at
the

property

operations in

months

the

May 18.
income is equivalent

periods.

would

earned

six

for

on

$1.60

1955

share

months

Monday, May 30, 1955

...

Corp.—Earnings Up Sharply—
the

period, compared
period a year ago.

250,000

Lehman Brothers

half
a

has

company

hearing

the

■

&

Robert

the<> U.

for

months

1955

outstanding notes due July 1, 1955, and
financing of necessary construction pending the
development of a permanent financing
program
for
the American
Natural Gas
Company (parent) system and the integration of Michi¬
gan
Winconsin's financing
proposals with those
of
said system.—
V. 181, p. 413.

300,000

Corp.
Baker, Weeks & Co.—

first
$2.18

The proceeds
are
to be
applied,
retirement of $12,500,000 of

300,000

Securities

Brown

Col.

Boston

six

six

This

Commission has

300,000

Co

South

by

for

corpo¬

the

borrowings

300,000

650,000

—

This

Co.

line.)

Engineer

this

Michigan Wisconsin Pipe Line Co.—To Borrow—

$300,000

Hallgarten & Co
Hemphill, Noyes & Co.__
W. C. Langley & Co
Reynolds & Co

Ripley & Co.,

______

G.

the

20

place,
inaccessible without any roads.—V.
180, p. 2083.

purchase from the
debentures set forth

Central

at

May

to

company's uranium exploration activities have not devel¬
oped anything of commercial
value, Mr. Westlake said the company is
taking out ore of a shipping grade in one

to

of

the
the

copper

While

below, for whom Blyth
acting as joint representa¬

1,000,000

Corp.-

3,421

options.

named
are

amounts

Kuhn, Loeb & Co
1,000,000
Morgan Stanley & Co.— 1,000,000
Smith, Barney & Co
1,000,000
Eastman, Dillon & Co.
650,000
Glore, Forgan & Co
650,000
Goldman, Sachs & Co.—
650,000
Harriman

and

stock

contract

last

Dome mine which ceased
resulted in a lower

conversion

thereof,

employees'

on

fjrst

Noting that the present price of copper is 36 cents a
pound as against
30 cents throughout last
year, the official stated that the
company also
is benefiting from full
scale production at its new Copper Cities orebody, which started up last fall.
This

»2,827,939 shs.
upon

3,200,000
1,000,000

Dillon, Read & Co. Inc._
First

rate

of

commitment

Blyth & Co., Inc
—$3,200,000
Hornblower & Weeks
The

Calif.

$30,000,000

issuance

conversion

upon

UNDERWRITERS—The underwriters
Co., Inc. and Hornblower & Weeks

&

for

for

income

record

vealed

$7,995,427 low-bid construction
pier
and
building
rehabilitation

comparable period
year, E. H. Westlake, President, stated on
May 19. The recent
declaration of an extra dividend of 50
cents together with a
quarterly
dividend of the same amount indicated
the directors' confidence that
business wpuld probably be
good for the rest of the year, Mr. Westlake
pointed out.

Outstanding

7,000,000 shs.

shares

the

at

& Scott Corp.—New Contract—

a

earnings for
tially higher than

of

FINANCING

$30,000,000

600,000

debentures

Net

Miami Copper Co.—Sees
Higher Profits^-

1,

(convertible*

Capital stock
of

debs.,

of

Net

the

on

Burbank,

Authorized

subordinated

Minute Maid

above.

back¬

$732,872,000
share

per

company's

CAPITALIZAHON

3.75%

Co.

(Mass.)
Army Base was announced
Fleming, Jr., New England Division
Corps of Engineers.—-V. 181, p. 2357.

log of the company and wholly-owned subsidiaries amounted to
about
SI,085,401,000, approximately 84% of which represented orders
from
the Government.
EARNINGS—Lockheed's

Drydock

Merritt-Chapman

engaged in activi¬
operation of airports and

including

Maryland

Award

are

aircraft.

business

U.

commercial

10

aircraft,
of

See

a

wholly-owned subsidiaries

modification

aircraft

parts

Maryland Shipbuilding & Drydock Co.—New Name—

arising

and

BUSINESS—Lockheed, one of the largest
craft
building field, designs, manufactures
spare

Government

to

Government
additions

revision

at

and

Net

ad¬

folder

rubber

recently issued by this
injection molding process.

factory

hydraulic

3630

applications

approved

methods

Fed.

of

Earnings

common

per

taxes

preferred

♦Shares

♦As

Minneapolis

on

applicable

tional

Ave.,

after

Income

to

common

stock

common

—

(excl.

minority

int.)

stock

1,625,687

16,

of

May

common

11,

147,527

2,912,666

outstanding

2,909,033

share

1955,

stock.—V.

the

696,942

144,934
1,480,753

stock

549,415

$0.51

for

seals.

Wooddale

inc.

Dividends

1954

$22,038,201 $17,447,937
3,631,447
1,502,765
2,004,350
804.319

company

181,

p.

(Continued

issued

250.0C0

2358.
on

page

60)

shares

$0.19
of

addi¬

Number 5433

181

Volume

.

first

the

we

Name of Company

Adam

Aetna-Standard

5%
Alco

Co.,

Inc.,

preferred

6-15

6-

Agricultural

American

Bosch

9

Compo

6-

9

5%

7-

1

6-10

Arma,

7%

1

6-

6

1

6-

6

6-14

6-

3

6-15

7-

1

7-

New

Consolidated

Rock

Continental

Copper

1

6-15

7-

1

6-14

7-

1

6-14

10c

6-

8

5-27

Cook

Craddock-Terry
5%

preferred

convertible

40c

6-30
6-30

6-22

6-30

6-17

27 VaC

American

Reserve

6-30

6-17

25c

Insurance

Safety

(dividend

Razor

3

6-22

6-

6-22

6-

7-

1

6-

1

pfd.
(quar.)

6-

2

Products

7-

2

7-

2

David

6-11

75c

6-30

6-

6

Products

20c

6-22

6-

7

(quar.)

Oil

Fuel

Arkansas

Louisiana Gas

Constable

Arnold

Co.

1

6-15

12 VaC

(quar.)

6-30

6-

6-10

6-29

$25c

(quar.)__

6-30

6-

9

7-20

6-

7

Topeka & Santa Fe Ry.—
non-cumulative preferred (s-a)_

V ; 2Va%

5%

Atlantic

Steel

Automatic

Inc.—

Products,

6-30

10c

noncumulative preferred—
Axe-Houghton Stock Fund, Inc. (from investWilcox

&

$1

Mills
—____—i.
(quar.)—____^
Industries, Inc. (quar.)—
Bausch & Lomb Optical, common (quar.)_—
4%
preferred (quar.)
Bayuk Cigars, Inc. (quar.—

Badger

Paper

Barber Oil

Brummell

Beau

Ties

Aviation

Bendix

Bohack

C.)

(H.

Ami
this

Boston

—

A

and

B

omitted

__

Co.

7-

6-15

80

3

Watch

Co.

(quar.)—

(bi-monthly)
—___
C I T Financial Corp.
(quar.)
_____
California Water Service (quar.)______——
Calumet & Hecla, Inc., common
(quar.)—_
.$4.75 preferred "A"
(quar.)——
Campbell Soup Co. (quar.)
;
—.
Canada Dry Ginger Ale, common—
__
$4.25 preferred (quar.)—_——_——_*—_
Canada Northern Power Corp., Ltdi.

Co.—__———
—Kennedy (quar.)
(quar.)
1
3%% 1st preferred (quar.)—____
Carpenter (L. E.) & Co. (quar.)
—
Carrier Corp., S3 preferred (quar.)
:_
Carriers & General Corp. (quarterly derived
entirely from net investment income)——
Transit

Baxter &

Carnation

Co.,

common

Cooke-———•————_—-

&

of America, common
—
4Va% preferred series A (quar.)—_—„—
7% 2nd preferred (quar.)
—
Chamberlin Co. of America (quar.)_
Chance Vought Aircraft
Chapman Valve Mfg.
(quar.)-—.——.—Charmin Paper Mills, common (quar. )_____
5%% convertible preferred (quar.),
—
Chateau-Gai Wines, Ltd.
(s-a)
—
Chatham Manufacturing, class A
—
Corp.

Celanese

6

62 Vac

6-30

6-30

Exchange

Corn

Quarterly
Chicago AJlerton
Chicago Dock &
Quarterly

6-

Special

Bank

(N.

preferred
Corp.,
Life

Camera

Fairmont

Railway

(quar.)
United Corp.,

Federal

6

8

6-

6

6-10
6-20

6-

Fair

$4.20

Stores,

preferred

Fownes

6

1

6-10

Arts Bldg.__
South Shore & South Bend (quar.)
Chicago Yellow Cab (quar.i
Chile Copper Co. (increased)

Chicago,

Co. (quar.)_—_—.

Controller Co., common
convertible preferred




(quar.)
(quar.)

_

(quar.)

.__

6%

Co.,

6-24

6-

3

7-1

6-

3

Fuller

1

6-

3

Gair

6-15

6-

3

40C

7-

6-28

6-10

75c

7-

1

6-15

45c

7-

1

6-11

343/flC
34%c

150c

7-

1

6-13

(Geo.

(Robert)

4.50%
Gannett

Class

4Va%

6

5Vi%

preferred

50c

preferred

5-20

2 Vac

6-

1

5-20

General

6-

1

5-20

6-15
6-

5-16

6-15

6-

50c

6-20

6-10

5-25

5-17

25c

7-

1

6-10

8-25

7-15

$4.50

6

American

preferred
American

Common

6%

1

5-27

General

Box

9-

1

8-26

General

Contract,

$10

9-

1

8-26

$1.25

6-24

6-17

15c

6-15

3

12 VaC

6-10

6-

75c

6-28

6-10

$1

6-15

6-

8

25c

6-15

6-

6

36c

6-15

6-

6

5%

7-15

7-

6-15

5-31

7-

1

6-15

6-30

25c

6-30

6-15

6-30

6-

6-30

6-

3
3

of

6-17

common

(quar.)

—

Inc.

Insurance

Co.

of Va.

3

Star

(increased quar.)

1

6-

8

Lone

7-

1

6-

9

7-

1

6-

9

$1.25

7-

1

6-

9

15c

7-

1

6-

9

15c

6-10

6-

40c

7-25

6-10

8-15

1

8-15

G-15

5-31

7-15

6-30

6-30

6-13

$1.08

$1.08

7-

1

6-10

$1.12Va

7-

1

6-10

SI.07

7-

1

6-10

7-

1

6-10

$1.15

6-

1

125c

6-20

6-

4

6-27

6-

6-15

15c

9-

1

7-22

1

9

30c

6-24

6-

5c

6-20

6-10

50c

7-

1

6-10

SI

7-

1

6-10

6-15

7 Vac

6-

3

1

5-21

6-30

6-10

6-30

6-10

6-

c

6

6-20

6-

20c

6-14

5-31

6-14

5-31

12 VaC

12V2c

'

8

6-10

6-

6-15

5-31

10c

6-15

6-

6

6-

6

6-15

12 V2C

1

6-10

6-30

6-16

6-

7♦

3

5-23

3 'a C

6-10

5-31

20c

6-30

6-10

12 %c

6-30

6-10

50c

6-28

6-10

60c

(quar.)_—
—

—
—

preferred B (quar.)——
4V»% preferred D (quar.)
4.35% preferred F (quar.)__:

5%

———
.

$1.25

7-

1

6-10

$1.06 V4

7-

1

6-10

SI.08%

7-

1

6-10

—

$2.60
Los

Angeles Transit Lines

8

1

1

9-

14c

6-17

7-

9-

30c

(quar.)—

3

75c

8-15

50c

Long Island Lighting—

25c

$1.25

1

27 Vac

Cement

7-

20c

3

9-

75c

(quar.)—,

6-

7-

8-15

37 VaC

6-30

6-

1

1

5c

3

1

6-

9-

—

6-

6-15

1

6-20

$1.05

Ltd

(N. Y.t, common
preferred (quar.)

6-30

8-

6-

3 7 VaC

Life

5-31

3

6-15

27'/a c

(quar.)

Chemical. 7% preferred
Lionel Corp. (quar.)—
Lipe Rollway, class A (quar.)

30c

1

6-

20c

5c

(quar.)

1

6-

$1.12 Va

(quar.)

15c

(quar.)

6-

6-15

5c

Lindsay

(quar.)

8

6-15

$1

6-17

1

6-

95c

5-18

1

5-31
5-31

6-22

15c

Liberty Fabrics

7-

5-18

2

18%

6-15

7-

1

7-

7-2

Consolidated Cosmetics see
under old name

6-30

10c

common

6-

45c

Co

Leverage Fund of Canada,

of Texas—

6-23

15c

Lawyers Title Insurance (Va.)
Lehn & Fink Products (quar.)

5%

7-15

announcement

Lessings,

6-15

6-15
6-15

Inc.—

Plus,

dividend

6-15

1

1

7-1

7-

200% ''

preferred (quar.)
La Luz Mines, Ltd. (Interim).

6-15

6-30

6-17

6-30

-

50c

6%

1

6-

6

SI.25

6-30

7-

6-17

$2.25

pfd. (s-a)

(ouar.)

37 VaC

$1.50

6-

$2

Fibre Co
Portland Cement (quar.)
Kingsburg Cotton Oil
Koppers Co., common (quar.)
4%
preferred (quar.)
Kuner-Empson Co., common (quar.)

Blower

6-22

6-30

25c

Keystone

Lau

5-26

1S1.75

Copper

name

6-10

137 VaC

(initial quar.)
______
4Va%
preferred (quar.)
—
—
4.28%
preferred (quar.)
4.60%
preferred (quar.)
Kearney & Trecker
Kelvinator of Canada, Ltd. (reduced)

New

6

8

62 VaC

(quar.)

Co.

6-

6-

$1

preferred

Lanolin

6

6-30

$1

City Power, & Light, com. (quar.) —
preferred (quar.)
4%
preferred (quar.)—;
4Va7
preferred (quar.)
——
4.20%
preferred (quar.)—:
Kansas City Southern Ry., common—
4%
preferred (quar.)—
Kansas Gas & Electric, new com; (initial)—

6-17

1

6-

6-30

6-21

89 VaC

Telegraph

3.80%

Kennecott

1

6-

,

15c

Co.

common

preferred

6-20

$1.12 Va

Investors,
Oil

General Industries

General Mills,

6-

6-30

34%C

(quar.)

(quar.)

Electric

6

6-15

15c

preferred ($20 par) (quar.)
5% preferred (quar.)
6% preferred (quar.)—
General Dry Batteries
___
General

6-10

1

6-20
5-31

Corp.—

Co.

28 V8 C

(quar.)

5%

6-3

Co.

7-

1

$1

Copper
Chemical

Special

(quar.)
(quar.)_

common

(quar.)

preferred

6-

$1.05

7-

6-30

10c

Keyes

$1.12 Va

quar.)

(quar.)

conv.

3

37 VaC

___

iquar.)—

(Ind.)

Gary Railways

6-20

5-27

75c

r

12 VaC

preferred

& Co.,

convertible preferred

1

1

6-10

-

convertible
(Julius)

6-

General

(initial

Inc.—

Co.,
B

2 VaC

7-

6-10

6-15

75c

Co., common (quar.)

conv.

Garfinckel

6-11
6-

6-30

25c

(quar.)
(quar.)
A.) Co. (quar.)—

12 Vac

6-15

6-27

Oil

4.32%

20c

common

$1.12 Va

10c

4

3

7 Vac

<s-a)_

preferred
Frigikar Corp.

$1.75

66-

20c

—

& Co.

Bros.

3

3%

(quar.)

_

Corp. (quar.)_

Frick

5-31

Co.

6-

18C

■:

—-

Increased

common

dividend

Foote-Burt

1

Fram

$1.12 V2

6-30

6-15
6-15

_

$2

Chicago Medical

common.

Fund

Stock

6-13

7-

6-10

2

'

Food

6-15
6-

5-31

1

7-

25c

6-10
6-

6-10

7-

1

5c

Kansas
-

Creek,

Financial

7-

6

6-29

*

6-20

6-15

6-17

15c

(Battle

6-15

6-30

6-17

1

25c

1

$2

—

Corp., Ltd. (quar.)

7-25

50c

1

$5

preferred (quar.)
———__
Fiduciary Trust Co. (N. Y.) (quar.)_„—
Field
(Marshall)
see
Marshall Field & Co.

30C

6-

7-

7-

137 Vac

$3

20c

6-30

25c

Motors

(quar.)
Federal Bake Shops (quar.)
Federal Life & Casualty Co.

6-15

1

$2

(s-a)

(Toronto)

Instrument

&

6-30

$2.50

(quar.)

Co.

Rubber

Mich.)

7-

6-15

50c

(initial)

common

6-16

.

4.80 %

new

Insurance

Fairchild

6

6-30

7-

110c

(quar.)

iquar.)

Salt

preferred

7%

40c

Plantation

Excelsior

6-10

1

6-13

25c

(quar.)

6-10

7-

6-16

6-20

6-30

6-15

75c

of Maine
Interstate Department
Stores (quar.)
Interstate Motor Freight System (quar.)
Jamaica Public Service, Ltd., common..^—

6-15

25c

_;

6-27

1

1

1

37 Vac

common

7-1

7-

7-

7-

35c

(quar.)

(quar.)

15c

Y.)—

——-.———

Circle Theatre

Railroad

55c

40c

6-17

International

6-30

6-20

6-30

137'/a C

Products Corp. (quar.)

Minerals' &

preferred

4%

50c

6-17

6-30

40c

Kawanee

Faultless

12VaC

International

$1.75

6-10

75c

6-10

(quar.)

1

5c

5-31

6-20

100%

dividend)

6-17

6-30

15c
;

6-30

69c

6-15

preferred

7-

93 %c

6-14

6-11

1

25c

(quar.)

6-30

25c

50c

$15c

Common

Mfg.

Consolidated

52Vac

7-

on

iquar.)

(quar.)

Cloth

Wire

Inspiration

International

$1.37 Va

.

(quar.)

(quar.)
(stock

6-10

$1.06v*

8

6-21

40C

Hardware

Industrial

8

6-

50c

Gas

7-11

7-

6-

5-27

50c

10c

1

1

action taken

(no

6

6-

1

7-

15c

—-

Motors

preferred

25c

Famous Players Canadian

7-

Industrial

1

6-15

1

Fran.)—

Joslyn Mfg. <fc Supply, common (quar.)——
4J/a% preferred (s-a)
Kaiser Aluminum & Chemical (stock div.)__

Ex-Cell-O

1

6-27

7-29

6-10

7-

6-15

t$1.50
t$1.5G

6-25

7-

6

7-

162 VaC

4 Va %

6-10

7

6-

(initial)

6-10

5-25

50c

6-

Life Assurance (Canada)
Imperial Tobacco (Canada), Ltd. (quar.)__
Industrial
Acceptance,
Ltd.,
com.
(quar.)

6-20

$1.12Va

1

6-25

Telegraph Co. of Virginia—

Central RR.

6-10

10c

(quar.)

(quar.)

7

7-

6

40c

(San

Insur.

Imperial

20c

Associates, com.

6-

.

Marine

&

Electric

10c

(quar.)

1

40c

—

.

(quar.)

Jersey Mortgage Co., S4 non-cum.

Ewa

6-10
6-14

6-10

20c

1

5-31

7-

60c

6-13

5%

6-10

6-30

37 Vac

6-

6-15

6-

6-13

43 %c

Co.

Powder

Illinois

1

$1.25

(quar.)—

common

(quar.)

6-13

7%

50c

$1.18%

6-

(quar.)

Co.,

W.)

Press Mfg
Ideal Cement Co. (increased)

5-31

6-15

6-24

40c1:'

1

Eversharp, Inc.

6-

6-10

5-23

time

1

Erie

1

.25c
12 Vac

5-23

.

Hydraulic

4

5-23

6-12

25c

this

at

omitted

7-

6-15

1

6-

1

5-23

6-12

A

class

7-

6-10

7-

7-

5-23

6-12

13 '/4C

62 'a C

1

7-

6-28

5-23

6-12

13%c

62 VaC

7-

50C

Hotel
Canal

-6

6-10

6-10

6-28

7-15

common

15c

40c

7-15

(quar.)

preferred (quar.)
2nd
preferred
(quar.)
Emerson Electric Mfg., common

6-16

20c

120C

117 V2C

_

5-20

6-12

13 %c

—

payment at this time).
Huyck (F. C.l & Sons, common
$2.75 preferred A iquar.)

9

5-20

1

6-12

12 VaC

5%

6-16

—

(quar.)

preferred

Chemical

6-

6-10

62 Vac

6-

2

1

6-

12%c

Semi-annual

6-17

7-

6-23

I

Associates

Co.,

6-30

6-

12 %C

Ltd.

Home Telephone &

7-15

Inc.

Natural

6-24

Howell

Auto-Lite

Paso

5-31

6-30

6-17

12c

Quarterly

6-15

25c

<quar.)_

common

(quar.)
preferred

$1

B

Class

6-30

1

Fire

1

10c

5%

2

$2.50

7-

11-20

Home

1$1.12 '/2

5 V2 %

Electric

Elliott

15c

Corp.

6-20

6-17

7-

20c

Corp.

preferred

Hertz

1
1

50c

(quar.)

Publications,

payment

Hercules

6-15

77-

37 Vac

:_

(quar.)

(quar.)
(quar.)

preferred

(George

7%

6-30

37 Vac

common

Consolidated

Helme

3

6-10

8-25

37 Vac

(quar.)—

preferred

Co.,

6-15

9-10

15c

—

(quar.)
(quar.)

preferred
preferred

preferred

1

25c

preferred

5.10%

Helemano

(quar.)

Co.

common—.

Telephone,

6-15

(monthly)
Steel, Ltd.—

Iron

Street,

6-

6-14

Co.,

3

7-

50c

(quar.)

common

8-20

Stainless Steel

Broad

B

7-15
6-

6-20

15c

iquar.)

common

convertible

Hein-Weiner

6

15c

common

Steel,

6-10

1

35c

(increased)

Co. (quar.i
Winkle-Munning

$1.10

(quar.)

El

75 c

—______■—-

Terminal Co.

Clark

6-

1

5-31

(quar.)

Corp.

8-

12 VaC

(quar.)

common

new

Cement

20c

Fuel

40c

Market Corp'. (Detroit) (quar.)—
Brockway Glass Co., common (quar.)
5%
preferred (quar.)
Bryant Chucking Grind (quar.)
Bucyrus-Erie Co. (quar.)___
-----

4%

6-15

30c

,—

(s-a)

Broadway

Castle

6-

15c

RR.____—___

Water

Brass, common (quar.)_.
preferred (initial)—
Manufacturing Co. (quar.)

Capital

25c

$1.37 Va

6-

6-15

35c

Corp.

Register,

Egry

% 5-14

1

6-15

Co.

Printing

(quar.)

Organ

$1

Mfg

Edgewater Steel

at

4Vz%

Carey

5-16

Co.,

Dividend

22c

Ltd.,

Co.,

Malleable

Eastern

6-10

1

/

Bridgeport

Bush

6-30
6-

30c

(quar.)

preferred

Eastern

50c

:,v

(quar.)

■'

Albany

&

Bulova

5-31
6-15

50c

5c

6-14

30c

iquar.)

Insurance

Hearst

6-10

6-24

(quar.)

Cigar

4»/a%

6-13

6-10

6-30

5 Va %

7

1 VaC

(quar.)

Eastern Gas &

5-31

6-15

7-15

$1.50

common..,—________

class

time.

Bullard

6-15

1

6-30

$1.25

(quar.)

common

4.80%

6-20

(quar.)

(quar.)
International, Inc.

DWG

$1.06'A
$1:06V4

Hawaiian

50c

(quar.)

Co.

6
3

6-10

5.307c

preferred

Electronic

on

Brook

Brillo

7-

&

Co.,

(C. A.)

Dunhill

Co.—

Payment

Bound

Co.,

convertible preferred

5Va%
Bon

15c

7-15

Glass

Electric

Duriron

1

7-

10c

——

5%

6-14

5-20

1:50c

—

(quar.)_

Co.

Black-Clawson

1
1

$1

Lake

&

Bessemer

7-

6-

F.)

5%
6-

6-15

5-31

5-31

6-

preferred 1954 series

$2

security

6-10
6-10

6-30

(W.

6-10

6-28

H5c

preferred

Dunham

6-

15c

6-15

(quar.)

Fields

preferred

Duncan

6-10
5-31

50c

Co. of Canada (quar.)
(quar.)
Erie RR. (s-a)

Telephone

Bell

(quar.)

1

7-

6-30

30c
30c

6-15

Life

5-31

(quar.)

Draper Corp.

6

37 Vac

Corp.

Furniture

Bassett

6-

6-15

75c

—z.—

6-27

Oil

Dominion

6-15

7%
4c

Babcock

:

6-

6-15

7

6-

6-17

50c

(quar.)

class A

6-17

Hart-Carter

7

6-29

1

5-25

1

6-

25c

Harrisburg

Crucible

Foundries

Common

4Va%

nonvoting

30c

6-30

6-16

8-

40c

(quar.)

Electric

City

Dominion

1

7-15

$1.25

_

_

6-

:

Hammond

$1

Stores

(Joseph)

6-15

6-30

50c

Hercules

(quar.)

6-30

$1.25

Haloid

$1

pfd.

130c

Copper

7-15

25c

Site

7

6-16

(quar.)_,
Ltd.-

Die

&

Co.,

Cananea

6-13

(quar.)

4.40%

Co.,

6-

1

7-

preferred" (quar.)

1

;

Industrial

7

6-15

25c

B

1

Cement

Alkali

Dominguez

Atchison,

Tap

Giant

7-

quar.)

Co

6-

Utilities-

Gas

Gulf

Secu¬

(quar.)

6-28

Ltd.—

Paper Co.,

Hall

1

7-15

1

Western RR.—

Realty

6-14

35C

(resumed)

(quar.)

preference

8-

Quarterly
Dixon

B

Northern

5%

invest¬

realized

6-24

(quar.)

common

Greyhound Corp.,
4V4%
preferred

3

6-

6-10

(quar.)__„
&

Stamping

Dixie-Home

—

_

6-

8-

9

10c

Lakes Power Corp.,

Greene

6-15

175c

Foundry

Iron

Portland

Dickinson

Associated Electrical Industries (Ord)—
Interim

Gray

Mortgage

Diamond

9

12VaC

_

6-22
6-30

(quar.)

from

7c

Harvester

Dewjey

Steel,

City

Lakes

5%

6-13
12-14

50c

class A

(initial

common

Detroit

6-20

6-30

7-

$1.75

(quar.) —

-

(quar.)__

Corp., Ltd.

Asbestos

..

_

7-

Varnish

Rapids

Class

Grande

Detroit

25c

prior pfd.

Apex Electric Mfg., 7%

Rio

Detroit

3

this time)

Arkansas

1

3c

and

Detroit

6-

6-15

7 Vac

—

1

7-

25c

&

New

(payment omitted at

Water & Cable

Ansonia

Denver

6-20

1

Class

6-13

7-

1-1-56

15c

net

5-31
5-31

1

Green

announcement

from

6-17

6-15

8-

60c

(18c

6-15

1

6-15

A "$50 par" (quar.)
preferred "$25 par" (quar.)_.

Greenfield

3

6-

6-17

50c

profits)

6-17

Angostura-Wupperman

1

6-21

1

35c

Inc.

1

7-

112 VaC

(quar.)

7-

Great

name.

Fund,

7-

3

31V4C

10c

Ltd.,

5-31

$1.50

class A

1

6-

7-

Co

ment income

6-30

(quar.)

6-

6-15

Co.,

Frere,

6-13

1

62 VaC

6-15

(quar.)

dividend

1

7-

131V4C

6-14

(s-a)

Railroad

7-

12 VaC

(quar.)

6- 8

1

'

6

6-

6-16

25c

new

Abbey

&

50c

(quar.)

62 VaC

Class

1

6-

7-

(quar.)

see

Wright

Delaware

5-31

1

7-

6-15

10c

S.

6-

preferred

Great

6-30

(increased)

Delaware <fc Hudson Co.

10c

Post

6-21

1

$2.50

U.

5-31

6-20

conv.

Hanson-Van

Fund

under

Ampco Metal, Inc. (quar.)
Anaconda Copper Mining
iquar.)_.
Anchor

7-

:

to

3

6-

10c

(quar.)—

Mackay Stores, Ltd.,

Gray Drug Stores

$2.50

Co.

6-15

1

6-10

$1.37 Va

3

3 Vac

class A

changed

Cypress

Brothers

7-

6-29

25c

50%

3

6-

Corp.—

Curtiss

6-11

12 Vac

(s-a)

6-

(quar.)

rities

6-17

$1.75

5%

Sexton

B

Name

2

7-

6-30

$1

(quar.)__

7-15
7-15

37 Vac

Co.—

Zellerbach

8

15c

Inc.,

Co.,

Class

8

60c

preferred (quar.)
Vitrified

6-

$1.50

Sugar Refining, common

American

6-15

$7 %•

—

Co.,

3

&

Crossett

6-15

6-30

50c

(N. Y.)

Insurance

(quar.)
Stock Telegraph

Grand

,5-27

.

25c

quar.)

;

1

5%

8

25c

common

7-

7-15

*

Graham-Paige Corp.—

40c

(quar.)

(increased

6-10

52c

(quar.).

Co.

Goldblatt

Great

(s-a)

Oil

Culver

preferred (quar.)
American
Stamping

Thread

6-

$1

6%

Gold* &

7-

1

6-

5c

(s-a)_

Co.

Cribben

action

postponed at the present time)
Ship Building Co., common (N. J.)
7% noncumulative preference (annual)
American Snuff Co., common (quar.)_

6

6- 3

1

8-

53c

preferred (quar.)

Corp.

Crown

American

American

6-15

50c

Co.

Re-Insurance

iquar.)_.
.)
(N. Y.)
(quar.)

Crane

Crestmcnt

Falls

Glidden

Industries—

(quar.)

Shoe,

preferred
preferred

5%

6-22

$1.75
37 VaC

preferred

2

50c

Corp.

(Ohio)

Reynolds, $1

Petroleum

Cosden

(quar.)—

common

Steel

&

1

5%

(quar.)

Coffee

Corroon

^T".,

Girt

7-

$1.30

___

15c

Continental

30c

(quar.)—

3

6-20

6-10

400%

;

_»

Steel

6-10

1l2VaC

Quarterly

Products

1

Ky.—

of

Co.

Telephone Corp.

Gordon

Consolidated Retail Stores, 4J/4% pfd. (quar.)

6-10

20c

a.

Products

•

6-

7-

$1.25

(stock dividend)
Gisholt Machine Co. (quar.)
Glen Alden Corp. (formerly Glen Alden Coal)

125c

6-20

(Alco Products)

Metal

$2.10
General

6-

6-30

6-15

50c

62 V2C

125c

6-15

Continental

6

Granite

1

1

6

$1.25

6-

6-15

$1.50

1

announcement under new cor¬

title

17 Vac

(quar.)

Stores

7-

6-

6-

Glens

$1.25

6-30

7-

6-15

preferred

6-22

6-25

—

6-10

$1.25

Telephone

6

6-

1

6c

Corp., Ltd.—
(initial quar.)____
—1

common

30c

"1954 series"

preferred (quar.)
General Telephone Co. of Indiana—

changed

30c

(quar.)

8-

6-

6-30

50c

31V4C

(name

"1952 series"

5%

7-14

6-15

25c

(quar.)—

50c

(monthly)—

7-28

25c

(quar.)

Extra

6-15

68 %c

6

6

pfd. A

(quar.)_
(quar.)..
$5 pfd. B "1955 series" (quar.)
General Railway Signal, common (quar.)—

Consolidated Paper

6-15

7-

1

Inc.

1

75C

&

Naval

Consolidated

7-15

6

6-

pfd. A

Plus,

preferred

$5

$1.25

(quar.)

Products

American

7%

6-10

77-

6-

6-15

(quar.)
General Telephone Co. of Pennsylvania—

Inc. and the following
stock dividend to be paid)—
Consolidated Edison Co. of New York—

25c

Derrick

Maize Products,

American

6-24

6-15

$1.25

5.20%

——

Lanolin

(quar.)..

$5

time.

Machinery, common
(quar.)—

Shoe

preferred

$5

General

Engineering

Consolidated Cosmetics,

6-16

25c

Locomotive Co.—

American

1

$1.25

(quar.)__

($10 pari

preferred (quar.)

5Va%

7-

40c

common

this

at

$2.90

divi¬

a

preferred

to

25c

(quar.)

Locker, class A

American

7-

common

income)

6-

—

American

1

6-

75c

Extra

porate

6-15

Iron,

(quar.)
—;
Stamping (quar.) —
Commercial Solvents Corp. (quar.)
Commonwealth Edison Co. (increased)
Commonwealth Investment (from investment

1

6-

72 Vac

3

6-15

Hardware

See dividend

3

6-

dend

35c

preferred A (quar.)
5% preferred B (quar.)
5Va% second preferred (quar.)
American European Securities

American

6-

6-30

30c

5%

American

6-30

68%C

1

(quar.)

Home

62 Vac

Combustion

75c

Barge Line Co.

American

3

1

Chemical

American

Hoist &

6-

1

Bank Note, common

American

1

7-

.

American

American Express

7-

7-

1

(quar.)

American

37 Vac

25c

American

preferred

6-17

$1.75

Amalgamated Sugar (quar.)

6%

6-17

1

Commercial Shearing

6-15

1

7-

$1.25

common

(quar.)

Laboratories

Allied

1

7-

(quar.)

preferred

preferred series A (quar.)
preferred series B (quar.)—,
Colt's Manufacturing Co.—
Directors again took no action on

7

35c

(quar.)

preferred
Products,

7%

7-

$1

5%

6-16

(quar.)

common

$1.75

(interim)__

common

(quar.)

preferred
2nd

7

6-

5%

Steel

Wood

6-

1

6-30

37 VaC

iquar.)

Engineering

1

7-

12 VaC

—

dividend

Stock
Alan

__

7-

$1

common

Stores

Hat

6-10

Co.,

&

Colorado Fuel &

Payable of Rec.

45c

(quar.)
tquar.)

6-25

6-15

Precision Equipment, common

General

1

Holder»

Payable of Rec.

60c

'

(quar.)_

Molybdenum
Peabody

7%

Holier1

When

Share

Laboratories,

50c

5Va%

Per

convertible preferred

6-16

4%

reached their

ously announced, but which have not yet
payment date.

4%

6-

6-30

Cluett

current week. Then we follow with
second table in which we show the peyments previ¬

Abbott

6-10

Climax

nounced during the
a

5-27

$1
75c

100%

div.)

Illuminating (stock
Mills (quar.)

Electric

Cleveland Worsted

When

Per

Share

Name of Company

Payable of Rec.
5-20

Cleveland

grouped in two separate
indicate all the dividends an¬

Dividend announcements are
In

Share

Company

Name of

Holdera

When

Per

DIVIDENDS
tables.

19

(2475)

Chronicle

The Commercial and Financial

.

.

fj '•

i

(quar.).

6-15

6-

1

25c

6-15

6-

1

7-

1

6-22

6-30

6-17

34 %c

Ludman

Corp.

(quar.).

10c

20

(2476)

The Commercial and Financial
Chronicle

When

Per
Name of

Company

Share

Lynchburg Foundry Co.,
4%%

preferred

common

(quar.)

53%c

Power

&

Paper

MacMillan

Class

B

6-15

6-28

5-27

6-28

5-27

Pioneer

6-30

6-10

Pioneer

Natural

Pioneer

Suspender Co.

dividend

preferred

Madison

Gas

Managed

Funds,

6-10 r

7-1

6-

7-15

6-30

100%

8-25

8-10

13%c

7-15

6-30

Pittsburgh

40c

income

6-15

5-27

Stock dividend
Pittsfield & North

Business

<quar.%,»__^_.,—.—

(from investment inc.)

shares

Equipment

inc:

shares

ment income

and

6c

from

income and 2c

paper shares
and

10c

shares
from

(4c

(6c

from

(M. )

&

land

9c

Co.

Medford

(quar.)

Corp.

7-15

6-20

7-15
1

6-30

2nd

2nd

preferred

Machine

Co.

6-24

7-

Minnesota Fund

6-15

St.

6-17

San

6-14
1

6-10

6

6-

7-

50c

6-24

6-

8

G-

20c

7-

1

6-13

87MiC

,

(quar.)—____

___

preferred

10c

5-31

6-

3

6-

7

Morganton

7-

1

G-14

25c

7-

1

7-

1

6-

7-

1

G-

6-24

35c

6-11

convertible

}20c

6-25

6-

3

6-25

6-

3

(quar.)—

7-

62%c

(quar.)

7-

1

6-10

6-10

5-31

6-10

5-31

7-1

G-15

25c

$1.12%

7-

dividend

5-20
6-10

40c

7-

gtd.

(s-a)__

.

6-15

6-30

6-15

50c

6-22

6-

50c

(quar.)—v.

_

1

12 %c

7-

1

6-17

6-3

5-27

93%c

7-

37'/2c

Grange
(s-al

9-30

Fire

Insurance

Co.

(quar.)

National

Lead Co.,
common
preferred series B (quar.)_
National Linen Service, common
(quar.)—
4% % preferred (quar.)
6%

,

preferred

National

Steel

(quar.)

Sugar

Car,

(quar.)

Co.,

—_

Orleans

4%% preferred (quar.)
Niagara Alkali Co. (quar.)
Niagara Fire Insurance Co.

•wld

Water

Line

Ulsen

(C.

com.

(quar.)

pelika

*/X

(N.

Marker

common

Appliance

j.'ennsylvania
Quarterly

Oil

Co.

4%%

preferred

4.40%
4.60%

preferred

preferred
preferred

3%nn-Texas Corp.

Pepsi-Cola

1

6-

6

7-

1

6-

6

$4

(reduced)

&

Light,

(quar.)
(quar.)

(quar.)
(quar.)
(quar.)

,

(quar.)__

receipts
13 9/10c
com.
(quar.)_
125c

5-27

5-

3

7-30

6-30

4%%

7-30

6-30

Abrasive

convertible

Acme

Steel

Co.

Acme

Wire

Co.

1

Acushnet

1

1

6-15

6-

1

6-15

6-

6

Twin

6-24

Twin

Disc

Union

Gas

Union

Gas

6-15

6-

6-14

G-10

1

7-

1

6-15

6-30

6-20

5%

of

Pacific

40c

6-20

6-

3

Union

G-

3

Union

6-

6

United

6-25

6-10

United

•

6-30

6-10

25c

6-20

6-10

6-20

6-

6

U.

S.

6-

9

U.

S.

4

6-15

7-

1

6-15

6-1C

6-

3

20c

6-15

6-

65c

7-

3

convertible
Gas Corp.

Foil

Class

Co.,

B

U.

6-

3

(Los

6

6-10
9-

60c

7-

1

5-31

Van

Vanity
Vanity

9

$1.12%

7-

1

5-31

$1.10

7-

1

5-31

7-

1

5-31

$1 15

7-

1

5-31

25c

7-

6

6-20

20c

6-30

6-15

8%

Oil

50c

77-

1

6-10

7-

1

6-10

Viau,
Victor

6%

preferred

6-15
6-15

$4.37%

5-31
6-

8-

1

7-15

Allen

7-

1

6-15

Allen

preierred

7-

1

G-15

1

7.

Allied

8

Artists

6-

1

5-17

6-

1

5-17

(s-ai

pfd.

Chemical
Gas

7-

1

6-10

4%
preferred
(quar.)
Allis-Chalmers Mfg., com.

&

Dye

%31%C;

7-

1

7-

1

6-30

6-15

6-30

6-15

$1.12%

1-3-56

12-21,

12%c

6-

1

3-16

5c

7-

1

6-17

20c

•

"

-

13 %c

(quar.)

6-15

6-

(A.

S.)

6-18

30c

5-28

5-18

75c

6-11

5-27

4%

(quar.)____

t35c

8-1

7-8

5%%

(quar.)L_

25c

6-

5-16-

7-

Aluminum
New

6-17

1

87%c

8-

1

7-15

37%c

7-

Goods

6-10
6-24

4% %

6-21

American

Chain

7-

7

6-21

American

Chicle

7-

1

6-21

6-15

5-31

American
3%%

10c
GOc

6-15

50c

8-

1

;$2

7-

1

25c
;

6-15

6-15

25c
~

6-20

6-

1

6-

1

;

Colortype

American
30c

American

6-10

American

G-

6

American

Enka

6-10

American

Felt

7-

4

6%

6-20

6-20

6-

7-

6-15

Chemical—

_

(accum.)

$1.50

1

preferred

American

6

American

&

Co.,

1'

■

Forest

Power

Products

6-

6-

5-16

1

3

'

6-

1

6-

1

5-13

6-~l

5-13

5-13

6-15

62%c

6-10

25c

6-10

5-23

25c

6,

3

5-23

6-15

6-

1

50c

6-24

6-

2

7-1

6-2

93%c

7-1

6-2

25c

6-15

6-

10c

6-30

6-20

12'/2c

6-15

6-

15c

5-27

5-12

40c

:

6-25

6-10

6-15

6-

7-

J.)

1

Corp.—
(accum.)

(quar.)

(quar.)

common

5-23
6-17

1

6-20

87'/2c

(quar.)

25c

(quar.)

Foreign

5-28
7-

l'

(quar.)__

(quar.)

Tiling

Corp.

6

50c

<quar.)

Inc.

9

6-

\

common

preferred

Encaustic

6-20

30c
50c

$1.12%

(quar.)_!

Electronics

6-

6-15

1

Louis)

(quar.)

Securities

participating

5-31

50c

(quar.)

Telegraph Co.«(N.

Electric

6-6

7-

87%c
(St.

5--5

1

6-16

20c

(quar.)

Co.,

B

9

1

7-

$1.25

(quar.)

(quar.)
(quar.)

preferred C
American District

6-14

com.

5-

6-1

75c

Cable

Cyanamid

6-20

20c

&

Co.

preferred

20c

$50c

(quar.)

pfd. (quar.)
(quar.)

I

30c

(quar.)

Co.,

preferred

3%%

7-14
.

Bakeries

conv.

5-10

5-10

7-1 -6-15

30c

6'/»

Extra

American

9

6-

5c

common

4

6-

$$1.31

(increased);

;

1

American

(quar.)

Coi

6-

' 8-10

25c

$25c

Quarterly

gains from

5-16

93%c

preferred (quar.)
American Automobile Insurance

7

10c

6-10

'

3% %

$1.75

a

Mfg.

Aggregates,

7-

.

5-18

100%

(quar.)
preferred
(quar.)

7-15

50c

5-19

1

t55c

div.)
.

5%
preferred (quar.)___
American Airlines, Inc., common

6-10

1

6-

_

preferred
2nd

Amefican

6

6-15

(In-

(Initial-quar.)

;
Industries..:.
Amalgamated Leather Cos.,

5-31;

6-24

1st

split)

(increased (quar.)
America/com. (stock

of

Co.

Ambrook

6-17
6-

icx-uiree-ior-one

common

Aluminum

5-16

6-

25c

'

$3.75 preferred
(quar.)
Aluminum Co. of Canada Ltd.—

3

12%c

(quar.)

50c

(quar.)

Aluminium, Ltd.

6-15

6-25

3

.

7-1

6-15

6-

Cement—

common

7-j-I.-

25c

5-13

6-30

25C

Co.

Portland

iNew

1

$1.25

6-1

$1

6-15*

$1.25

6-27

$1

...

(quar.)

5-19

6-10

-

5-20

1

7-20

5-19

6-25

1

5-13

6-

5

25c

1

..

5

Aloe

7-

6-10

15c

75c

6-

26c

(quar.)

(quar.)

1

3

6-

Alpha

6-

6-15

75c

a.

6-

6-

*

$1.02

6-10

15c

6-15

81 %c

6-10

$1.25

1

6-21

1

(quar.)

6-30

1

1

6-

7-

(quar.)

20c

com.

6-

6-15

$3
$3

.

common

6-17

preferred

6-30

6-

6-30

$1.09%

(Louis), Co., (quar.)_.

6-25

*

5-20

3.25#«
Allis

62%c

;_

Ltd.

5-20

1

preferred

35c

..

6

6-

4.08%

$1.06%
'

1

6-

50c

,

6-10

15c

7-

20c

.

1 6-10

31%c

Corp.,

5-23

5-23
6-17

1

50c

Co

Stores

*

6-22
7-

$1.15

(s-a)

Pictures

Allied

6-22

$4

(quar.)

Allied

9-15

$1.05

(quar.)

Corp.—
preferred (quar.)

5% %

7-8

6

32c

(R. C.)
Business Machines
(quar.)
Electric & Equipment Co.
(quar.)
Industries (quar.)__~

Allen

8-

6-

,

1

87'/2c

& Western Ry. Co. gtd.
Quaranteed (s-a)

1

6-20
10-

(quar.)

Allegheny

6-10
6-15

Allied

;

(quar.)_

participating preferred

15c

4-29.

$2.50

(quar.)

7-8

(quar.)

(quar.)

Virginia-Carolina

5-18

Alabama-Tennessee Natural Gas (quar.)
& Baldwin, Ltd.
Allegheny-Ludlum Steel, common <quar.)__

1

11 %c

Power

&

(s-a)

Co.

5-18

6-4

RR.—

4.20 %

6-17

(quar.)

Mills

1
4

Alexander

7-1

4-20

6-

6-

$4

Co.,

6-1

(quar.)

common

Fair

Equipment

4.6%

6-10

1

6-

35c

(s-a)

Power

7-

20c

Equipment
Ltd.

1

5-16;

$1.12%

participating preferred

Alabama

6-30

(quar.)___-

Co.

.6%

6-15

20c

Refining

Norman

Ordinary

5-31

7-1

1

preferred

Utah

1

2

1

>

(quar.)

(quar.)

Southern

8-1

A__

Lines. Inc.
Universal Leaf Tobacco,

6-

1

6-

1

6-

6-

/

Mfg. Co._____
& Youngstown RR.—

Great

e*

6-28

10c

(quar.)

preferred

6-10

30c

JlOc

8-1

(quar.)
(quar.)

Truck

1

Alabama

10c

Ang.)

(realized

6-20

3%%

6-15

$1

securities)

7-

6-20

1

7-15
5-17
5-27

25c

;_j

..

investment

10-

8

6-10

(quar.)______

$2 par value

S.

1

6-11
6-10

$27%c

common

$6

sale
U.

5-31

7-

$1.16

(quar.)
Insurance (N. Y.) (quar.)
Railroad Securities Fund—
of

8-

.

40c

;___

58c

Common
6-10

6-14

7-

$1

preferred

S.

6-10

;

preferred
(s-a)
Alabama Gas Corp., common

$1.14

Stores Corp.—
preference (quar,)_
(quar.)
!

class

(quar.)__^

$1.21

(Kansas),

Co.

6-10

Canton

35c

RR.

6-10

2

2

5 %

3c

U. S. Life

G-15

1

Akron

1

6-30

(quar.)__

Fidelity & Guaranty Co. (Bait.)

7%

5-25

5-19

Cigar-Whelan

$3.50

7-

6-15
6-

75c

Yards (Omaha)
(quar.)
Rope Corp. (quar.)
Aircraft Products (s-a)______

United

G-30

Brass

45c

Wire

6-20

Akron

6-20

quar.)____

Stock

6-30

3

6

$1.10

(quar.)
Investment (Detroit)

Union

4.50%

6-

6-

7-

50c

(quar.)

Co.,
preferred

6-17

40c

""

2

7-

7-

$1.10

Co..

Reduction

6-15

25c

preferred

Union

5-31

——'

(quar.) preferred
(s-a)

5%%
Air

50c

40c

(quar.)

System

6-10

130c

Common

1

1

:

Co.

1

5-31

$$1.25

'

Canada,

6-

31%c

1

f $1.14

Light

6-1

1

._.

Agnew-Surpass Shoe Stores, Ltd.—

1

30c

Insurance (s-a)
Clutch (quar.)
Co.

Process

Express
Aeroquip Corp.

50c

City Fire

6-10
6-17

1

66-

1

Electric

1

6-10

J12%c

(quar.)

Adams

6-

J15c

Thrifty

Corp.

77-

(quar.)

6-

1

5c

Aluminum Alloys, Inc.—
preferred (accum.)

6-15

5-13

t28%c

$1.10

6-15

6-

6-1

(quar.)__

com.

(quar.)
class A (quar.)

preferred

6-15

62%c

(quar.)_

6-15

,

Drug Stores, 4%% pfd. (quar.)
4%% preferred (quar.)_______.
Tishman Realty &
Construction, com. (quar.)
5% preferred (quar.)

7-

40c

83%c

6-10

1

6-

thf

$1

Common

6-29

'

in

When
Holdert
Payable of Rec.

Share

(increased)

(quar.)_____

7-

"

6

t30c

Acme

12%c

Thrift Investment Corp., class A
(quar.)
60c convertible
preferred (quar.)^
!___

Gas,

preferred

25c

pfd, series B (quar.Ni
pfd., initial series (quar.)

Packing Co.

these being given

(quar.)

Products,'

6-13

$1

Trust

6-

announced in previoui
The list does not include divi¬

(quar.)

Metal

6-13

(quar.)

common

6-15

Co., Ltd.—

1

15c

$4 preferred

7-2

7-2

Acadia-Atlantic Sugar
Refineries, Ltd.—

7-

—-

8-1
8-1

(quar.)_____

&

6-15

(quar.)_______

J22%c

week,

preferred

Paper

7-1

6-15

1

1

dividends

this

7-

6-15

8

time)

the

5%

6-15

8

6-

Institute—

yet paid.

$1.20

•'*

nonconvertible

Tobln

5%

&

preferred

25c

(quar.)___.
Utilities Co. (quar.)
Thermatomic Carbon
i

&

Common

:

50c

preferred

Insurance

Power

35c

5%'

not

6-13

(quar.)

preferred

5%

this

at

give

we

convertible

Abitibi

8

$1.25

6-

6-28

+56%c

Company
Industries, common

F.

25c

Texas

Title

C.

5%

6-20

$1.18%

8

6-28

75c
taken

6-

(quar.)

Thorofare Markets,

(quar.)

Name of
A.

6-20

$1.12%

6-

50c

Per

$1.06%

(increased

B

(quar.)

Mercantile

6-13

(quar.)

(quar.)

Class

(quar.i_

1

(quar.)

common

5-31

6-10

6-23

class

Tool

6-20

6-

30c

A
(quar.)
(increased

5-31

5-26

40c

:_

6-10

7-

7-1

__:

(quar.)

5-31

6-15

56V4c

_

5-31

6-15

6-10

57%c

■

6-15

75c

7-

common

6-20

$1.12%

25c

22%c

(quar.)

$4.84

6-30

6-30

15c

1

25c

62Vac

(quar.)

6-20

7-

1

5%

(quar.)__

Texas Power & Light,
$4.56 preferred

Tucson

6

Co.___




6'

—

Towmotor

25c

com.

6-

Products (quar.)
Power, 6% 2nd preferred (s-a)_J
Texas Electric Service, $4
preferred (quar.)
$4.56 preferred
(quar.)
$4.64 preferred
(quar.)___

40c

(quar.)

6-15

Tecumseh

6-14

12%c

(quar.)

Sand

9

(quar.)__

1

preceding table.

6-15.

10c

Products,

convertible

G-

45c

!

6-

(quar.

Ltd.,

Electric

6-24

17%c

quar.)

5-25

6-10

6-24

4c

preferred

Co.

Machine

preferred

$4.40

25c

.__

6

6-30

&

6-10

$25c

(quar.)

6-

50c

(quar.)

Taylor Instrument
Extra —J

37 %c

(quar.)

1

Terstegge. (quar.)
Stromberg-Carlson Co._^_

22«'.c
Co.

1

150c

Stanley Home Products

40C

Glass

Pennsylvania Power

3.35%

6-15

7-

25c

.__

7-

7-

6-15

dep.

6-20

7-

i

announced

25c

Amer.

6-17

7-1

6-29

common

action

Below

6-17

6-30

Products—

(No

10c

6-

6-20

uncreaseu)

preferred

25c

Sugar,

Sperti Products, 5%

40c

(quar.)

$1.12%

(quar.)

—

(A. G.) Brothers
Carbon Co. (quar.)

28c

(quar.)

(initial

8

30c

Co.

Vegetable

6-

35c

Clay Products (quar.)
3"acific
Indemnity Co.—
New

6-15

1

$1.25

Macific

3'acific

1

7-

10c

common..

;___■

Angeles)

Spalding

50c

_

Debenture

Brush

7-

6-30

50c

Y.)

7-

6-3

$1.25

common

6-10

common

(quar.)

preferred

35c

(quar.)—

Manufacturing

Fibre

6-17

56V4c

(quar.)

Mfg.
&

1

$1.18%

...

Service,
(quar.)

(quar.)

Loan

6-15

50c

$1.06%

Insurance Co. of Amer.

A.)

Inc.

nar,

Ontario

6-15

7-

$1.15

*

*

6-21

1

7-

62%c

5

7-15
7-

G-15

(quar.)—

Public

Service

Life

7-

6-21

6-30

ihu

nio

5

1

______

*

7-

7-

,quar.)_

preferred

$1,12V2

7-15

(quar.)

orthrop Aircraft
Sugar

6-21

U5c

_.r

Indiana

7-11

5

40c

Service,

Mopco Chemical Co.

1

7-

$1.50

Yorker Magazine
Mewmont Mining Corp.,
(quar.)
Newport Industries, common (quar.)

Co.

8-

20c

(quar.)_

New

File

$1.50

(quar.)—

pfd.

Inc.,

4%%
preferred (quar.)
5%
preferred (quar.)___
Southland Royalty Co

6-17

(quar.)
Omnibus (quar.)_—

Citv

6

6-16

preferred

York

9"

6-

1

(quar.)_

Public

6-

6-27

Co., Ltd.
6%

(quar.)_.
Fire Insurance

Gas

1

6-29

20c

preferred

Hampshire
Haven

7-

50c

$1.12¥2

Brunswick Telephone

Power

5-23

137Vac

(quar.)

4%%
preferred
(quar.)
national Tile & Mfg. Co
New England

1

(quar.)_—50c

Supply Co., common

1

Telluride

6-

$1.25

Ltd.

Refining

12-25.

45c
50c

____

Gypsum

9-25

(New

_:

7-

3

1

6-30

30c

Quarterly
Zonite

7

9

preferred
shares will be

B

iquar.)

Mig.

Co-operative

25c

(Los

$1 convertible preferred
4%%
preferred iquar.)

6-24

G-25

12-30

—

25c

Ltd.,

4%%

5-31
6-

6-

Co.

e,o.

Towne

Zion's

6-14

6-15

83%c

(quar.)
Southern Union
Gas, common

Sylvania

6-24

1

7-

(quar.)

oteei

&

Zelier's,

6-10
5-31

6-17

(quar.)

preferred

Sundstrand

6-25
6-15

25c

Electric & Gas, com.

Radio,

Yale

6-10

|20c
1

(quar.)___

Porto

Standard

\vycs.on

6-17

dends

Jersey Gas Co.

Stratton

5-31

1

25c

7-

75c

9-

40c

29)

Lothrop,

Publishing

6-10
7'

30c

_________________________

Electric

World

Class

Juiy

&

preferred

6-17

South

Speer

5%

1

South

Sprague

redeemed

Woodward

>

3

35c

(quar.)_

(quar.)

preferred

4%%

5-20

6-24

15c

preferred (quar.)
4.60%
preferred ( quar.)

6-20

7-15

10c

_

National

1

8

6-30

—___________2%

Common

G-15

5-30
6-29

li'fc.?,ional<Co., Inc., common-—10c

Hamp.)

1

$1.25

(quar.)—

common

$1.50

Engineering

Rico

6-10

7-

Manufacturing Co.

8%

pan

6-

7-15'

2%%

fully-paid
non-assessable
non-eumulative redeemable

6-14

7-15

1

37%c

($1

6-15

1

8-

15c

4%.

1

1

8-

$1.25

pfd. (quar.)

6-20

6-

10-

$1

.

Wood)
dividend.) —

(.stock

share.

3

6-15
6-24

$1.25

(quar.)

6-15

3

6-22

15c

37%c

(initial)

5%:

6-17

25c

common—

(quar.)

RR., 7%%
National Cash Register
(quar.)

National

2

50c

preferred

'

(quar.)_

Paper Mills,

4.50%

Mfg., Ltd.

(One

(quar.)

Carolina

Woods

6-

6-30

7-15

75c

6-30

8-

12 %c

(Howard)

South

3

6-24

9

$1.43%

Wood Newspaper
Machinery
Stock
dividend
Wood
(Alant Steel (see Allan

15c

A

dividend

6-

5-26

20c

7-1

J13c
12%%

com.

Ltd.,

preferred

Soss

2

6-

40c

Murray Corp. of America,

4.56%

6-13
.

$1.75

4% preferred (quar.)
Nashua Corp. (quar.) J___
3;. shville & Decatur

i

5-31

6-30

40c

l'$2.40

preferred

6-17

(quar.)

Products

Stock

6

20c

Furniture—:
$5

$2

6

56''4c

——

1

120c

(final)

Mfg. Co.,

Smith

(Winnipeg)—

common

6-17

Ltd.—

(quar.).:

Snyder Tool &

6-15

25c

Manufacturing Co. (quar.)_
Munising Wood Products—

<

...

$3.50

._—

Finance Corp.,

Singer

7

6-

Sherman

5-20

6-30

__—__—_—

Mullins

Northern

5-20

5-31

25c

(quar.)

7-1

weeks and

7-

(quar.)

preferred

Wolf

5-27

62%c

$1.12(4

Co.

9
9-

Co.

6-15

$1.06%

6-21

Dessauer

6-'3

6c

(quar.)

6-

&

6-

6-15

55c

(quar.)__

7-1

6-10

Shell

5-28

common

6-30

Shakespeare Co. (quar.)
Shelby Salesbook Co

6-16

Stores,

preierred

6-30

GOc

(quar.)

6-

7-

6-16

6

J30c

(quar.)

6-30

6-24

7-

1

6%

6-10

6-13

1

$4.25

Wieboidt

1

6-13

6-10

6-10
6-10

6-14

1

10c

6-17»

7-

7-1

1

Co.

6-23

20c

6-20-

6-25%

15c

^__

$1.50

Corp.

(Continued

1

6

on

page

54)

6-15

6-10

5-10

25c

(Del.)

1

15c

(quar.)

-

1

7-15

20c

(quar.)_^

common

preierred

15c

Insur.

Brothers

Oil

pnor

7-14

1

'7-

$3.50

Whitehall Cement Mfg., new com.
(increased)
Wico Electric, 6% 'preierred A
(quar.)
:___

$1.10

7-

6-14

Montana-Dakota Utilities,

Title

V? $5

RR.

25c

(quar.)

7-

(quar.)

Auto

Nicholson

Seeman

(s-a)

iquar.)

Wheeling Steel Corp.,

7

(quar.)

$1

_

Equipment, 5% pfd.
Monroe Calculating Machine
Co.,

New

Security

6-13
6-13

'''6-14

—

preferred

6-13

1
1

300

Assurance

$4.50

25c

20c

50c

Scruggs-Vandervoort-Barney,

7-

120c
Life

Semi-annual

4%%

1

Erie

lien

(quar.)

Co.

5-31

25c

common

preierred

6-17:
6-3

6-10

preferred (quar.)____
Wisconsin Michigan Power, 4%%

(quar.)

preferred
Lace

p.ior

6-23

40c

$1.06%

__.—

B

Monarch

3.35%.
4.40%
Scranton

6-24

6 20

15c

$1.12%

Carlos

7-

$1

$1.06%\

Mississippi River Fuel, new com, (initial)—;
Mig. Co. (quar.)——____________
Brewery, Ltd., class A

New

1

7-i

1

4%

6-30

87%c

(quar.)

Electric,

$2
5Cc

Ltd

guaranteed

Wheeling & Lake

6-7
6-

(quar.)

Snops (quar.)
;
Public Service, class A

Louis

6-22

$1.25

(ord.)

Printing

Scranton

6-10

8

(quar.)

Milling, Ltd,
Sarnia Bridge Co., Ltd.—
Schwitzer-Cummins

6-17

6-

Blodine

$4.60

1

1

6-

Molson's

New

5-31

76-

class A_%—2-—30c

—

IV/,;

5c

Saco-Lowell

1
1

________-i.10c

_.

6

6-

50c

(quar.)

(F. C.) Co., new
Ryerson & Haynes iquar.)

7-

40c

(quar.)_—^,_—_

common

6-

6-20

6-22

(quar.)

Russell

7-

3c

Middlesex

Mew

6-15

40c

Water, 7% preferred (s-a)___w_
Midvalc Co. (quar.)
Midwest Rubber Reclaiming, common
(quar.)
4»/2% preferred (quar.)

New

6-13

$1

(quar.)

Disintegrating,

National

6-13

1

88c

4%% preferred (quar.)——
Metropolitan Brick (increased)
Meyer-Blankc Co. (quar.)

5%

1

7-

6-30

25c

(quar.)——————

Forming Corp.

6-30

5c

(quar.)

common

(quar.)
L.) Mfg. Co.,

Cj.

3

50c

!

Royce, Ltd.

5-27

$6.02

7-11

vestment

25c

Ronson Corp.
Roxy Theatre, $1.50 preferred

25c

(quar.)

6-17

1

Corp.—

$1 dividend
participating preferred
Robinson Little & Co.
(quar.)__
Rolls

6-15

7-20

30c

conv,

6-

7-

$5.16

preferred

Co.

RR.,

6

6-10

at

6-15

1

6-15

$1.75

Paper

(P.

7-

6-11

River

6-

"

Co.,

Agricultuial

.

2

50c

(quar.)__

preferred

Electric

Fund
(quarterly
from
net
lnIncome) payable in cash or
stock
holders option
I
.'
Wells Gardner & Co._^.
Westeel Products, Ltd.
(quar.)_
West End Chemical
Co., 6% pfd. (accum.)_
Western Massachusetts
Cos. • (quar.)
Western Tablet &
Stationery, com. (quar.)__
5% preferred (quar.)__
w

3

$1.75

(quar.)

common

Raisin

Robertson

6-17

$1.12%

(quar.)—

(quar.)_.,
preferred (quar.)

6-

6-24

(quar.)

preferred

Metals

Co.,

5%'

6-21

1

31 %c

preferred

6-13
6-30

common.:

preferred

Rumford

,

preferred

National

Ritter

6-20

7-

7-

Co.

Co.,

-

6-16

20c
$1.50

7-20

(quar.)

Wagner
Waialua

•

6- 3
6-

6-20

*

Wellington

6-22
6-22
1

25c

(quar.)

Ware

7-

6-13

35c

common

preferred (quar.
Wabash RR. Co.__*

Holden

Payable of Rets-,'

50c

7%

6-10

5

7-

17%c

(accum.)____
2nd

Bit

Mfg.

Ruberoiu

(quar.)_____

$4 convertible

Btock

7

35c

$4.25

5%

$4.50

6-10

$1.06'A

(quar.)__

Refrigerating,

6%

(accum. 1

4%

Detlnning,

When

Share

^

-V'

6-10>

7-1

.

25c

Investment

Vulcan

V

(quar.)

System, Inc.-(quar.)
Walworth Co. (Increased >___

$2.50

(s-a)

Co

convertible

Reynolds

to Mary¬
Dock Co.),

Merck & Co., common (quar.)_
$3.50 preferred (quar.)

Motor

6-

2

25c

B

4.50%

6-23

.

__—,

Cement

Co.,

Roller

River

pfd. (quar.)

preferred

$1.75
$1.75

—

RR.

6

Corp.

Waldorf

Co._^_„__'.

Remington Rand, Inc.,

changed
Dry

3>

2%

preferred

3%%■

3

7-

*

and

Mergenthaier Linotype
Merchants

1%

6-

30c

—

preferred

$3.50

Reed

5-20

6-15

(quar.t —___

Portland

Monroe

G-10

25c

ISl

(quar.)

(name

convertible

Class

5-20

and

McDonnell Aircraft
(quar.)
McKinney Manufacturing Co. (quar.)——
McLellan
Stores
(reduced)—

..Extra

'

5-20

$1

•

1

6-

Adams

Utilities

&

Reliance

(Toronto)

(quar.)

Shipbuilding

common

Bletals

6-10
6-10

16c

4%%

Co.,

6-

6-15

—

Mills,

Condenser

Railway

5-20'

20c

Corp.

&

6-15

10c

,

(

(quar.)

Fuel

Woolen

Reading

,

4%%;. preferred (quar.»_,
McCrory Stores Corp., common

Bletal

6-10

17 %c

Sons—

Field

33c

Puget Sound Pulp & Timber

$3

5c

(quar.)

Maryland Casualty
Maryland Dry dock

$4.25

5-20

14c

inc.

1;—

(quar.)..—_______—

.

(quar.)

Marlin-Rockwell
Marshall

$4

6-10

Radio

capital gains.)

preferred

Mesta

S-20?

Telegraph & Telephone Co., Ltd.—

Common

Class

5-20

investment inc,

Manufacturers Life Insurance

Bledusa

6-10

10c

gains)—I

investment

5-31

preferred (quar.)
Progress Manufacturing Co. (initial
quar.)
Publication Corp., voting &
non-voting com.
7% 1st preferred (quar.).
7% original preferred (quar.)

5-20

6-10

—

from

capital

6-15

Metallurgical

Pocahontas

from invest¬

Mangel Stores Corp. (quar.
Manischewilz (E.t Co. (annual)
Maritime

6-10

14c

capital gains)

(3c

10c

Visking

6-15

—

investment income
gains)

capital

from

5-20

in¬

from capital gains)

from

shares

10c

10c

(2c

from

7c

Petroleum

and

from

(5c

6-

,

9d from capital gains)
Industrial shares (4c from invest¬

General

6-10

Per

Name.of Company '

6- 1

s

..Monday, May 30, 1955

.

.

Holder t
,

7—1

(quar.L

guaranteed

Portland

and

Non-Ferrous Metal shares
ment

4c

.

—3c

Equipment

vestment

Common
7%

investment*

capital gains)
shares (from invest-

income)

ment

from

(5c

from

5c

40c

93%c

Pittsburgh Ft. Wayne & Chicago Ry.-~

Inc.—

and

Electrical

—

___

6-10

"

6-13

Gas ' (increased)

6-30

7

—

—_

:

Inc.;

40c

r

Agricultural shares
Automobile

Corp., common (quar.)
3%% preferred (quar.)_l

Fund,

When

20c

Philco

25c

(quar.)

______«

(quar.)
Electric

7-

Payable of Rec.

Per

"____

$12%c

Bloedel, Ltd., class A (quar.)__
(quar.)

Stock

S3.5C

Share

Corp.

$12%c

&

<R. H.t & Co. <quar.->__
Blading Drug Stores, common

Marsh

Company
.*

Perfcx

1

Macy

7%

Name oj

6-15 '

1

150c

(quar.)___„

Extra

Steel

7-

150c

Maclaren

55c

Holdery

Payable 0/ Rec.

20c

_

.

6-13

5-27

Volume 181

Number 5433

...

The Commercial and Financial Chronicle

(2477)

Stock Record «» New York Stock

Exchange

DAILY RANGE OF PRICES

WEEKLY VOLUME OF YRADING

YEARLY RANGE OF SALE PRICES

FOR EVERY LISTED STOCK

Range for Previous

STOCKS

Year 1954

*Oy« Nov
1D6

3% Jan

6

5% Jan

Lowest

49% Apr

1
7

Jan

8

115ft Apr 20
14 ft Dec 31

5

NEW

Range since Jan. 1

Highest

Lowest

10 ft Dec

39% Mar 14
107
13

Jan

19

3

Feb

27

ABC

18

ACF-Brill Motors Co___

Jan

4

30

46% Jan

18

tl

Nov

24

56 Mi Dec

30

53

Jan

18

20 Mi Jan

4

26 ft Dec

31

25 ft Jan

6

32 ft Apr

39ft Jan

6

45 Mi Mar

9

27 M« Jan

44 ft Nov

24 Mi Jan

31

Aug 20

30ft Mar

£8

89

Nov 30

77ft Jan

18 ft May

29

29 ft Dec

: 22 ft Mar

8

21

24% May 17
27% Mar 14

65% May 19

34

33 Mi Jan

3

29

107

Mar 15

122 Mi Jan

4

163

Jan

4

170

Jan

5

2ft Jan

4

3 Mi Jan

3

6

Jan

20

29

18% Jan

6

29

109% Jan

7

31%

41%

5,700

41

41 Ma

417s

X41%

42

31

3074

2,800

30 %

31

*30

31

100

85

84%

89 Ma

90

91

91

91

1,600

26

25ft

26 ft

25%

26

25%

26

9,800

32

20,600

Corp——No par

Corp

pfd
&

Aug

2

80

Jan

3

89

Apr

20

3 Mi Jan

4

9

Dec

29

7ft Jan

20

9ft Jan

10

Sep 29

210

Dec

23

209ft Jan

3

280

May 27

5Ma%

Jan

141

Dec

27

Mar 14

145

May 27

$4 prior preferred

£2% Mar 11

106

8% Jan

6

38% Jan

13

104 ft Dec

20

19ft Dec

16

40ft Sep 29
3
65% Dec
97

94ft Jan

93

Jan

19

Jan

3

35ft Jan

18

20

51% Mar 14
7

115

Allied
Allied

Kid

16

Allied

60

Feb

15

Allied

Stores

98

Apr

4

74% Nov 17

70

Jan

6

81 Mb Apr

13

S3 ft Jan

8

147% Nov 26

145

Jan

24

160 Mi Apr

11

124 ft Nov

116ft Jan

6

134% Apr

15

35

£8% Jan

May 12

4

92

Dec

20

83% Jan

janTl

78

Dec~29

40

May

lft Jan

5

28

Apr

23

19

Jan

11

166

Jan

4

3ft Feb
35

Feb

26 ft Dec

IS

Dec

22% Dec

29

109

Dec

22

35

Dec

27

105 ft Dec

17

32 ft Dec

20

Jan

o

17

183 ft
f,

66

3% Mar 29

25ft Jan

17

Nov~23

91

98 ft May 27

34

92

39

May

29

May 12
May 12

100 Mi May

Jan

Dec

20

56 ft Jan

6

Mar 18

33 ft Jan

6

100

Jan

12

84

104ft Apr

4

25 Mi Dec

31

22ft Jan

18

19 Mi Dec

31

18% Jan

17

31

35% Feb

23

49Mi Jun 29

7 V8 Mar 14

38 Mi

May 16

48% Nov 29

38% Nov 29

35ft Jan

18

40 Ma Feb

66 Mt Dec

60

12

71% May

20% Jun

11

43% Feb
Jan

1

23 Mi Mar 17

22

Jan

5

32 ft Dec

£1

Jan

4

99

Sep 29

43% Mar 25

66

Dec

29

48

27 Mb Mar 14
96 ft

Apr

15

Mar 14

125ft Apr

21

148 ft Dec

21

140

Apr

ICS ft Jun

30

114% Dec 27

106

Mar 15

31% Jan

7

4

47

*146

148

148

*121 Mi

123 Vi

*119 Ma

123 Ma

121ft

121 Va

*1223/i

125

*122

36%

35 ft

35%

36 Mb

3574

4%

15

13% Mar

26% Jan

39 ft Dec

9

11 ft Sep

16

Shoe

convertible

Co

Jan

14

37% Jan

14

23 ft Jan

12

17

65

Jan

11

Jan

6

23

96 M« Jan

26

27% Dec
2
31% Dec 30

25ft Jan

20

107 1

160ft Jan

19

21% Feb

24

E4ft Jan

4

17% Jan

11

30

19% Jan

11

64

LCOft Jan 20

107

Apr 21
28% July 27
94ft Oct
4

ft Nov 23

29 Ma May 19
104 ft May

3% %

5

"

44%

43%

44

69%

69%

69%

4%

4%

4ft

4

36 Ma

*33 ft

36

Mach

No par

Amer

Metal Co Ltd

No par

American

Motors

Co

Amer

Potash

&

3

Amer

Rad

5

9M2 Jan

3

American

5

9

American

10

72 Mi Apr

11

40ft Aug 17
125

8ep 27
32% Dec 31
62% Nov 17

163ft Feb

15

39 Mi Jan

3

122

Feb

1

29% Feb

1

49 M«

May 17

50 M2 Apr

172

Apr

6

22

45 Ma May 10
125% May 13
35 Ma Apr 12

58 M4 Feb

18

4

74ft Dec

8

64ft Jan

6

84

Apr

121ft Jan

8

142 ft Nov

S

137 V4 Jan

4

145

Apr

11

10% Feb

25

16 ft Dec

6

14% Jan

12

20% Jan

31

4

178 Mi Dec

65

July

1

7

66% Dec 29

Jun

22

138ft Feb

10

30% Apr
113% Jan

19

45% Dec

172% Jan

13

62% Feb

21

130 ft Jan

20

29

9ft July

25ft Feb

4

9
17

120ft Mar

1

38% Mar 14
117% Jan

11% Sep 27
28

Aug 13

9% May 23

26ft Jan
25 M»

12% Jan
73

4

Jan

28

21% Sep l5
94 ft 8ep 27

29 ft Jan

4

52

Dec

45ft Jan

4

59

Nov 23

30

Jan

I

41% Aug 13

ICO

Jan

6

109 Mi NOV 24

33 ft Jan

12

45% Dec 23

July 21

52 ft Mar 29

8% Feb 23

15% Nov 29

29

18

13

May 17

186% Mar
73

May

21

120

7%

Smelt & Refg com

American

6%

For footnotes




see

page

Co

Stores

American

7%

Sugar
preferred

11M4 Jan

10

Mar 24

4

25% May 20

6

107% May 20

6%

preferred

5%

6%

Preferred

5Mi%

$5

prior

conv

12

Anaconda

Copper

8

Anaconda

Wire &

38% May

3

Common

Mar

7

$4

13% Jan
32.

6

57% Jan

28

3

29% Apr

1

com—5

series

25
com

—

preferred

65% Mar

12

25

25

Amer Zinc Lead & Smelt

68% Apr

3

100
com.

series

6

44 Ma Jan

common.——25

Works Co

Water

Preferred

6

39ft Apr
46
Jan

100

-100

Jan

110

100

preferred

American

100
1—5

_—

Viscose Corp

52ft Jan

Apr 26

com
-

Tobacco

Tobacco

6

33% Mar 30

1

Refining

Sumatra

American

100

No par

Co

American

17% Jan

104 V4

preferred

American

American

25

common

Steel Foundries

Anchor

41

Snuff

noncumulative

American

par

No par
.100

preferred

2
18
1

27% Apr

Amer

Tel & Tel Co

Apr

29

100

Safety Razor
Seating Co.
American Ship Building Co—No

American

141 Ma May 13

49% Apr

preferred

3

93 ft Jan
47

B—No par

37 Ma Feb

6

4

cl

Sany common...5

Mining—
Cable

1

25

50
No par

79%

11%
100

5874

1674

17

1674

17

13%

14 ft

14 Mi

1474

15,100

ft

4374

44

11,300

69%

69%

6974

4ft
*33 Ma

Mi

Ma

4374

Mi

35

11%

1174
101

*100

26 Mb

29%

2974

2974

2974

*105

43 ft

44 ft

69 Ma

69

69

4ft

4 Mi

106

79

*105

106

3074

30 Mb

90 ft

*89 Ma

90 ft

39

39

Mi

39 M4

39 ft

39 ft

39 Ma

39 ft

3974

1,500

51 Ma

52 Mi

51 Ma

52

52

5274

52 Ma

5274

7,000

*105 Mb

107

*105 Ma

107

25%

2574

27%

28

13%

2574

*27%

13 ft

*105 Mb

2574
29

107

2574

46%

47%

46 Mi

4674

45 ft

79

7974

79

79 ft

24 ft

24

24

2474

106
61
57

*170

7%
31

*67

47%
165

Ma

174

,

173

*170

774

7 Mb

31 Mi

31ft

69

45

125

164%

45

*125

24 ft

*170

774

7ft

*28

107

26 ft

70

3,500

29 ft

500

13 ft

1,300

25,100

10ft

10%

1074

52 ft

5274

53

3574

35 Ma

3574

46 ft

46 ft

4774

79%

79

79

2474

24 ft

2474

173

30

13%

13%

„

11,200

*170

774

7,800
2,200

31,000

173

Mi

7 ft

32

32

3274

3274

3274

67 Ma

68

68

68

48 ft

4974

48%

49 Mi

15,400

165 Mi

1,160

165
44

44

165

7

5,000
13,800

4874

48

165 Mi

13 ft

X79

25%

29 Mi

30 Mi

69

*68

48 Mi

13%

♦105 Mb

26

*28

47Mi
80%
24Mi

97a
28M2
25%

106

30

*89

1074

9%
28ft
25%
x24Ma

*105

1,500

89 ft

35 Ma

70%

140

2974

3074

52 ft

139
140
46%
47%
119% 119%

29%

500

89 Ma

1074

16%
184 Mi

300

2674

30

5174

16%
1837s
70 Ms

2,900

30%

35%

80
80 ,2
142Mi 142%

117B

92

10%

51

1,200

3,200

35

102

*26

700

8,000

*89

35 Mi

50%

*100

30

4ft

7974

*11%
'

26 ft

2974

51ft

44

79

11%
102

*26

1074

44

*33 Ma

80

*1174

36 Ma

125% 125 a
30%
31ft

*4 Mb

35

101

26 Ms

106

4374

*6874
*33 ft

79 ft

79

7974
11%
100

4

51 Mi

8
31 Mi
69%
47% 48%
165
1657s

500

1,900

17

10 Ma

176

5,700

14 Mi

35 ft

7%
31
68

115

14

50%

*170.,

114 ft

1674

35 ft

24M4

163

♦35 Ma

1078
51 Mi

^

57 Mb

*153

36

10%

,

x

165

*35 Ma

26 Mi

29%

*

36

26 ft

*105

57%
*157

13ft

35 Ms
46%
79

1

Chem

106
3078
92
39 ft

115

5774
162

*156

13 Mi

51

25

No par

179 Ma Jan

50 y8 Jan

Oct

&

29%

V

56%

56%
160

13 Mi

5
Co

Gas

Co

Std

May 24

40% Mar 14

Ccrp

80

11%
100
26%

51%
527%
105M2 105ft
25 Ma
26
29
29

1

Co

19

67

30

com

4M2%

Molasses

13

121

*105

100

Machine & Metals

87% Apr

Jan

111

of

Amer

6

156

Co

30M2

Jan

45 ft Dec

79Mi

*89
3D Ma

21 Mi Mar 14

Jan

-

—100

67

60

•

100

Fdry common__7

24% Dec 22

5

1

No par

preferred

&

73 Mi Nov 23

44ft Jan

*33M2

50

preferred

13% Jan

22

1

com.

prior preferred

3.90%

£4 ft Jan

Mar 31

Co—5

Co——.10

Ice Co common

Optical

36

SS

Leather

American

42ft Jan

44,400

44

American

7%

10

5774

Mi

7

6

1,800

14

American

7

1,100

30

97 ft

17ft

3

Apr

257a

96 ft

16Mb

115

56%
*154

3x,0oU

30

30 ft

97 Ma

14

53 M4 Mar

7y8May 25

2574

*29%
*96 Ma

14%

Inc

29%

29ft Jan

*25 ft

X2574

30
9 7 Ma

14 Va

6

174

1,400

-_40c

Foreign

39ft Jan

9

65 ft

Pow,er__No par

&

1

26

1,500

Mi

36 ft

Investment

Oct

1,000

3974

65

*34%

Natural

8% Dec 31

25 Ma

467b

3974

66

35 Ma

No par

American

34

2974
*96 Ma

*46 Ma

39 •%

35

News

180 Mi Nov

25:i4

Ma

4674

39%

13 ft

14

24

25

30
98

1,700

8,600

65

49

1

1

22ft Feb

25

29%
*96 Ma

r

20,200

46%

13 ft

noncumulative

5 Mi %

25%

4674

49

American

170

25%

4 6 Ma

Ma

13

American

25% Aug 30

66

46

49 ft

4

118ft Jon

397b

65 Ma

Ma

3974

117ft

11

Mar

100

.39 Mb

13

15

4

39%

67

.

26

6,400

39%

*49

13% Jan

144ft Jan

39%

66 Ma

39 ft

8

116

38 Ma Apr

4

39%

68

39%

774

1274

57 M» Apr

27% Jan

46

39%

38%

8

49 Ma

3

Jan

46M2

39 Mi

7%

II6M2

6

6% Jan

46M2

39Mi
66 M2

8

8

1274

26 ft Jan

169

39%

8

49 Ma

46% Jan

6

105

11474

10 Ml May 13

12

*103

387b

12%

14% May 12
60% Oct
7

15% May
32 Mi Jan

104

16,700

70

49 Ma

27% Dec 30
42 Mi Dec 31

29% Jan

*102 Mi

187b

38%

13% Feb

17

102 Mi

38 Mb

38 ft

24% Mar 16

10% Jan

102 Mi

177a
*67 Ma

3874

30 Mi

20% Mar 14

lift Sep 23

1874
71

38

2074

31

8

3874

103

*102

173/i
*68

38 ft

30

31

7ft Jan

18 Ma
71

*68

38

*20%

Dec

28

657b

3074

Dec

25

17%

*65

2074

preferred
-.100
28
Apr 260 : American Metal Products com.
2
30 Mi Apr 26
•'.i
5ft% convertible preferred
20

7

17 Ma
68

37%

65 ft

30 MB

104 ft Mar 25

4

38 Mt
103

*65

20%

24

Jan

*65

68

50

2874

2074

International Corp..

21 :

17%

1,200
1,000

*27%.

65 7«

*65

28 Mi

30%

8

Jan

657b

17 ft

*28

30 Mi

Nov

107

'*65

2874

*2074

American

41% Mar 16;7
63% Feb 23.;]

65'%

28%

2,300

108 Mb

30%

6%

'

28 Mi

1*8

12%
36
17

American

7

28

110

12 Ma
35 M2
16%

European
American Export Lines

4

28M2

*107

109

108

39,000

34

20%

8

6

108

27%
129 ft

34

7%

*11%
100
*26

94 M4 Jan

*106%

108

2674
129

34

20%

12.50

Tiling
Sccur

American

3 5 Mb Apr

45% Jan

27 Mi
12.9 ft

34

30 Mi

Feb

-

26%
129 Ma

3374

115 Mi

14

107 ft Feb

21

2678
12974

33%

12%

28

2

27ft Jan

26 Mi

1287b

33

33%

49 ft

Apr

24

900

8Ms

20

12 Mb Jan

May 25

2,700

20M2

convertible preferred.
American-Home Products

Jan

3,500

84

49 M4

11

89 Ma

96 Mi

84

49 Mi

19 Mi Feb

33% Feb

9574

84

-

56%
160

American

27 M4 Mar

95 Mi

83

—

56%
*154
114 Mi

10

6%

95 Mi

84 Va

..

Cyanamid Co com——10
preferred series B.100
conv preferred series C.100

37% Jan

Mar 25

9674

84

337b

8

conv

Encaustic

83

9474

84

31ft

Distilling Co

102

.

97

84

30

American

25

19% Apr

fi% Nov 22

17

j

967i

No par

Gas & Electric

28

400

85%

96 M2

Hide &

Jun

iH

97 Ms

30

Hawaiian

NOV

400

:

96 ft

American

Jun

2874

20%

10

American

13

40

*28

100

American

70

*36 Ma

,:

28%

28%

-10

1

100

41

*37

30M4

com

4

20

7% May 17

32,900

374

11,600

1

Corp.—1

prior preferred..

14

44ft Jan

16,000?

98 Ma

*3Mi

26%

*102

-No par

5% Apr

5

67

9674

134

__20

71% Jan

Jan

65

3ft

127 Ma

17 Mt

200

13,400

9674

26 ft

*65

300

3674

66

*3 ft

127ft

100

Cable

American

Mar 30

193 Ma

13,600

93

26%

38

common..

7

38

29

74'/i
125

62 Ma
<■

127%

*65

!

48 Ma Apr

32

10

preferred—

3Mi%

Mar 30

41

:

3574
129 ft

26Mb

No par

Radio

4

16

192 ft

194

*37

*28 Ma

v

130

127%

100

common.

&

1

17

97 Vo

*83

41
29

29

3674

96 Mi
148

—.25

Inc

preferred

7

32 Mi Oct

193%

*37 ft

3ft

73 ft

Broadcasting-Paramount

Mar 14

28

29Mi

preferred.

Jan

Jan

41

*28Mi

5Ma%—-50

62 ft Feb
4

*37 Va

1

com

40

1

50

Corp com__2

ser

Co

42 ft Dec

31

IS

Arma

3

30

93 Ma

374

*95 Ma

737b

400

12474

62 ft

91

3 Mi

—50

Bosch

18

Dec

bOMi

91 Mi

common

Jan

4 ft Dec

£2

Note

13ft Jan

28

5974

97

73 Mb

;

Mi,

3ft

*106M4
28'/a

15% Dec 27

15

124

9074

American

117 Mi May 26

120 V4

58%

preferred

conv

Crystal Sugar

May 18

119 Ma

3ft

33

preferred 1952

4M2%

58% May 26

117 ft

91Mi

Colortype Co

17

*95 ft

5'J Mi

...

American

52% Jan

34 Mi Mar 10

7%

36

97
73 Mb

73

*3Mi

Bakeries Co com.—No par

Theatres

5%

*95 Ma

7374

90%

convertible preferred—.100

Brake

118

97

No par

Corp

preferred

2nd

7274

1

com

issued"

Bank

*95 ft

73%

No par

!

Petroleum

cum

97

*22 ft

58 V4

Limited

American

18

116

1

issued"

17

26

35%

10

new

of America

Co

72%'

preferred—.100

Cement

30 Ma May 16

12ft Jan

28

convertible

Portland

Co

46ft Feb

9.600

145 7i

&

8

114

145%

Chain

27

1127b

148

Chicle

64 Mi Sep

115

*144

American

13% Dec

113 ft

50

1,600

146%

American

Jan

113ft

100

15 Ma

146%

preferred

6

151

112;

108

15%

__100

common

16

27% Jan

113

*106 Ma

15%

1,900

Amer

Jan

100 Ma Jan

108 Ma

113

106 Ma

l*,yuo

Can

4

111

106 Ma

xl5%

16

587b

American

4

No par

16

5774

44% Jan

4

76

15%

140

5,100

111

58 ft

Cable

44 ft Jan

Mar

106 Ma

15%

*109Mi

57 Mi

American

27 ft Jan

2ft Jun

*106 Va

15%

111

57 ft

Corp

9% Jan

48ft Jan

£7

106Ma

15%

*109Mi

1,800

457 a

56%

6%

21 Ma Mar

10

23% Jan

111

45%

57

31M2 May

4

11

23

*110

45%

56 M2

American

Mar 30

4% Jan

Dec

*110
*106Mb

111

106Ma

111
106M2

111

45 Ma

57%

American

38% May 2 J

26 Mi Jan

8% Jan

45 Ma

45 M2

56 ft
*95 ft

Amer

8

x45

44 Ma

83,800

No par

4M2%

7

41

6

45

%

22 %

"When

22 Mi Mar 30

25% Aug 12

145

Amer Agricultural Chemical__No par
American Airlines common
___1

23

66

21

280

145

6% convertible preferred—
Amalgamated Sugar Co (The)..

May 25

6

Dec

276

138%

36 Mi

3Mi%

58

14ft Jan

269

137

36 Mi

American

2

f

267

137

*22 Ma

12

Jan

104% Mar

265 Va

137

22 ft

21

65

Hi

9ft

264

137

36 Mi

21

14ft Jan

8%

262

*134

22 Mb

35 Ma Jan

S

9

262

137
45 M2

36 Mi

Amerada

4

20

500

3,500

89

36 VB

"When

23

Nov

Dye

Amalgamted Leather Co

3

15 Mi Dec

*87

2274

Aluminium

6

31 Ma Feb

89

8%

17,800

36

28% Apr

109

8%

]

23 Ma

36 Ms

136 Ma Apr

1

8 Ma

*87

22%
115

22%

22

6

Feb

8%

89

36

6

27 ft Mar 15

*87

22 Mi
115
'

22

31ft Mar 15
100

23

22%

6,300

36 M2

20ft Jan
Jan

115

22%

1,100

$

22 Ma

3

102

22%
*114Mi

227s

4

36 Ma

77ft Feb

91 Mi Feb

22%
114 Va

22%

4

261

Co

Aluminum

May 16

230 Mi Jan

22 Mi

168

[.w'ft

22 Va

4.08%

May 27

18

2ft May 16

16

230

67

72 ft Jan

16

*165

4%

120

5

Alpha

May 27

55% May 12
47

134

4

114 Mi

89

8Ma 7

4%

120

..No par

4%

2

18

4 Mi

23 Va

*87

8%

168

1,100

Allis-Chalmers Mfg common
20
3Mi%
convertible preferred—.100

11

45ft Jan

&

89

31%

119

*165

114

23

32

119

168

137

1

Mills

May 26

;

31%

120

*165

22 M2

22

114

23 Ms

32 Mi

119
c

261

Inc

Chemical

9

39% Feb

23% May

8M2

22%

*30%

100

Allen

Industries

31%

31%
120
;

114

742

No par

conv

16

4

17

I;

1

common...

preferred A

26

8

May 28

*87

100

16 Mi Apr

9

1G3

preferred

107 ft Feb

Mar

July 14

*113
22%

.5

7

Jan

4

22

1

100

4

16

Jan r- 5

lo

Jan

104

15% Dec 30

26

37 ft Jan

7
21

31 Ma
*118Ma

*165
168
4%
4%

Alleghany Ludlum Steel Corp
1
$4,375 cum preferred
No par
Alleghany & West Ry 6% gtd
100

Feb

26%

119%

21

112

*84

169
4%

common

Alleghany Corp

86

26%
31%

119Ma

Jan

106

71V» Jan

£0

49% Apr

4 Mi %

*30

*165
4%

preferred
Inc

31 ft

31

71

100

14ft Jan

20

Dec

18

7%

26

70M2

—100

1951 series

Vicksburg Ry

Alaska Juneau Gold Mining..
b Alco Products Inc..
;
Aldens

*83M2

No par

common

72

*30

1

85

Dec

12,200

71 Ml

30%

41%

12

45% Dec 16

63%

63

71 Mi

42 Mi

Jan

113

63

100

41%

Co

72

4

63%

7,200

2,000

1

Express

May 23

4

8%

63%

23 Mb

May

8%

31 Ma

6

S7

8%
72 Ma

Jan

28 ft Jan

8 Mi

31%

18

122

8%

-

*70 Ma

18ft July 28

6

8 Mi

10,300
•

X63 Va

6

80

13%

31%

14

140

13%

72

4.50%

25

13%

64%

16ft Jun

Feb

13%

31 Mi

Alabama

26% Mar 30

137 a

72

65ft Jan

115

13%

31 Ma

Air Reduction Inc

29

110 ft

31 Mi

Admiral

July 29

42%

*108 ft

42

32%

71

Addressograph-Multigraph Corp__10

Dec

42 Ma

110 Mi

.

13%

8%

64%

42%

*108 ft

63%

13%

8%

42%

109%

109Mi

31%

4

Dec

13%

Shares

4174

109%

8M2

109

10

Adams-Millis

33

Dec

63Mi

42M4

41%

the Week

Friday
May 27

10

14

172

21 Mi Dec

25

common..

Co

21

123

111

8%

42Mi
110

Sales for

Thursday
May 26

Steel

Apr

3

4

13%

2.50

93 Mi Apr
30 Mi Jan

24

12% Jan

Inc

108

—__l

PRICES

May 25

preferred

Adams

7

Feb

3% Mar 25

Industries

5%
Acme

27

155% Feb

104

Vending Corp—

ACF

73 >/8 May 19

SALE

Wednesday

May 24

41%

100

12ft Feb

HIGH

Tuesday

May 23

__5

common.

16 Mi Jan

AND

Monday
Par

preferred

6

32

Jan

4%

Laboratories

Abbott

1

48% Jan
111

LOW

STOCK

7% Mar 23

14

50 ft Dec

Jan

YORK

EXCHANGE

Highest

16574

165

19,800

3,100
260

Mi

44

125 Ma

125

*125

125 Ma

60

30%

3074

30%

3 1Mb

31

31ft

31

31ft

4,000

-50%

50%

X50M4

50 Mi

50

50

49%

50

2.800

ft

♦125

44 ft

125

x43 Ma

81 Ma

80%

80%

142ft

142%

142 ft

142%

16ft

16 Ma

1674

1674

16 Ma

1674

1674

184 Mi

183%

184 Mi

18374

81

18374
70 ft
139
47

11974
974
28

*25%

184

184 V8

70 Ma

26 Mi

56 Mi

1,100

184

1,000

19,500

70 ft

69%

70%

139 Mi

13874

138 Ma

760

47ft

4774

47 Ma

4874

'30,200

119 M2

119ft

119 Ma

♦119 Ma

120 Ma

130

139%

70 ft

138

15,200

9%

97B

974

9%

9%

4,900

28%

*28 Mi

2874

*28ft

28%

300

26

61

56

620

16%

974

107

60 ft

80 ft
143 Mi

*28 Mi

10
28 '2

24%

80

143

47%

47

119%

106ft

80 Mi

14274

ft

138%

4774

25 Ma

1,200

119 ft

140

107
617s
57

70 Ma

70

80 ft
142

43 ft

24%

2474
106

26

24'4
106

26 ft

*26

26 Mi

26 Ma

24%

2474

24 ft

25

106ft

106 Ma

106 Mi

107

6074
-

6174

6174

62%

62%

63 Mi

56 Mi

56 Mi

56 ft

57

56 Mi

57

170

12,000
280

35.400
650

Hocking Glass Corp—
-

1

preferred

Anderson

Clayton & Co

Anderson-Prichard Oil Corp
Andes Copper Mining

6.25

No par
21.80

10
__14

36%
37
*103Mi 109
40
40Ma
49ft
497s
25ft
25%

37

37

37%

3774

38 Mi

105 Mi

105 Mi

106 Ma

10

40%

40 Mi

40 Mi

2,500

49%

48 Ma

43%

48

48%

5,300

2574

25 Ma

25%

25%

2574

2,700

40

40

487b
25%

*105 Mi
4n Va

3774

6,200

37%

105ft
*40 Mi

37%

*105Mi 109

109
403/a

'

-

21

22

The Commercial and Financial Chronicle

(2478)

Range for Previous
Lowest

Highest

4 Vb

11

6% Dec

31

32% Jan

4

46% Dec

7

17% Jan

4

26% Dec

22

33 Va Jan

4

74

Dec

31

8% Apr

30

2% Feb

I

May 19

6% Jan

14

24% May
65% Jan

28% Feb

3

Argo Oil

Steel

Armco

"When

27

Jan

26

24

Jan

3
17

Mar 15

28% Feb

3

14% Apr

14

12% Jan

6

26% Jan

18

25% Apr

5

28

18% Jan

4

93% Jan

6

31% Jan

4

92% Jan

8

64% Jan

4

29% Jan

13

104% Feb

30% Apr

8

7

Common

2

5.25%

Nov

11

62% Feb

1

69

Goods

Dry

26

26%

26%

26%

*26

26'A

1,500

73%

74%

74%

76

75

76'A

37%

37'A

37 Vz

37%

38%

37%

38%

12,100

15%

15

15

15%

14%

15'A

26,000

32

32%

32%

32%

32 Va

15%
32%

32

32%

32

32

98

98

98%

99%

98

98%

*98

21%

*21

21%

21%

21%

7%

7%

7%

*20%

21Vz

*21

7%

7%

7

•

2.50

*

7

;7%
*26%

27'*

27

8

121% Jan

is

150% Apr

19

16

58% Jan

18

b0v2 Jan

5

37% July 26

34% Jan

3

61

Dec

13

42%

13 Va

12%

13 Va

12%

131/s

22,000

27%

27

27

26%

26%

26%

26%

1,300

29%

30 'A

29%

29%

30

29%

30

8,000

*108
109
*63Vz
64%

107%

108

*108

109

107% 108

108y2

64%

65

66

67

1

—100
10

27

Jan

5

103% Oct

5

27% Jan

4

39% Dec

29

95% Jan

4

101% Dec

Jan

4

43% Deo

34% Jan

4

103% Jan

8

138

10% May 28

17

92

8'/

3

Mar

48% May 16

29

Max 17

10i

preferred

4%

59% Mar

8

Atlantic

29%

29%

30

Atlantic

Refining common

10

V'3% May 27

101 ya Apr

20

40% J*a

Preferred

48% Mar 31

17

47% Mar 14

26

131

10% May 23

14% Jan

19

7

17% Feb

14

29

6 ye Jan

17

29

45% Jan

IB

Nov

23

4

Jan

11
14

18

8 Va

Apr

54

Tack

Conv

18

Avco

Corp

prior

100
No par

„_

common—.——No par

Nichols

Automatic

Mar 30

69

1,400

2.100

101

143%

59%

59 %

5 9'A

59%

59%

1.600

41%

41%

42

42 Vz

2,100

*100

101

144

144%

*100

101

130

101

51

5iy4

51%

53 Va

53 Va-

53%

53

53%

34%

35%

34%

35

34%

34%

34%

35

99%

99%';
45%

99%

99%

99%

99 V2

98%

99%

300

45%

45%

45%

46%

46

46%

4,100

56%

3,700

X45%

($1.20)

pref

No par

Canteen Co of

Amer

5

common-!—3

M7g Corp (The)

$2.25 conv preferred

56%

x56'/2
57
150
150
*11%
13
10%
11
17'/2
17'/2
19%
19%
7
7'A
*48%
49%

20

(voting)

convertible pfd series A

Austin

4

22% Feb

Mar 21

Dec

4
4

4% Jan

Atlas

15

49% Dec

4% Jan
37% Jan

May 27

11% Mar 23

101

*143

210

108%

8,900

24,100

.

Powder—

4%

Mar 24

7

.5

Common

4

May

100

series B_

$3.75

Atlas Corp

4

156

24% Sep

May 26

Jan

59% May

18

14% Aug 23
18% Aug 23

20

Jan

16
>16

2

Nov

—10

*42

101

67%

42%

59%

59%
42

68 V2

*66

143'A

143

143'A

59%
42

59%

Coast Line RR new-No par

3

10

62% Dec

12

Feb

59%
41%
41%
100
101
50%
51'/a
35
35%
Po1//!
99%
4 6'A
46%

40 % Jan

Atlas

6

143 Vz

May 17

34%

142%

145

50

50

com—10
:_100

Co

400

27

12%
27%

Co

Electric

*

*26%

13

27%

—

City

27

100
4,000

12%

26'/2

Corp—

Common

8%

27%

Preferred

Atlantic

42% May 12

27

160

>

21 y2

7%

27

6,800

98%"

98

*21

1

Atchison Topeka & Santa Fe—

134% Dec

99

11,700

par

—_

preferred—

Associates Investment

May 27

-

Inc

—

1st

26
74

Oil & Refining Co
preferred $1.50 series—No

111% May

26% Mar 14

22

*25%

15%

.5

Associated

NOT 29

111% Dec

3,500

26%

.

37

Ashlarid
2nd

40i/4

73Va

No par

Industries

Arvln

3

100

41V4

39%

15%

Corp—

2B

4%

40%

*4%

377/e

Carpet Co Inc__

Jan

4%

40

4%

75

com

No par

Constable

Artloom

3

14% Jan

4

of Illinois

preferred

Arnold

4%

41

15 Va

20

9% Feb

*4%
40%

37%

102 ye Apr
22

4%

40%

26

Armstrong Cork Co new common„l

6% May 17

Shares

*4%
40 v2

74%

2b

$3.75

May 27

5

35 % Apr

9

Friday

May 26

10

;

May 23

19% Mar

Sales for
the Week

Thursday
•

__10

Corp

Co

May 25

40%

5

issued"

&

Monday, May 30, 1955

4%

MVa

-No par

Corp

.

PRICES

Wednesday

May i\

May 23

5

1

Armour

Jan

55

Inc

10

26

30

Co

16% Feb

10% Nov
23

Products

6

31

27

May 13

21

Dec

8% Oct

22

May 19

6

Apr

P W

SALE

HIGH

AND

Tuesday

Monday
Pur

96% Mar 23

7

13

Jan

16

102% Dec

41

STOCK

Archer-Daniels-Midland

82% Apr 27

G

May 12

13% Jan

14% Dec 31

32

6

A

3

43% Fen

3

YORK

EXCHANGE

Highest

39% Mar 15

36

93% Jan

NEW

Range since Jan. 1

Year 11)54

Lowest

LOW

STOCKS

.

RECORD

EXCHANGE STOCK

NEW YORK STOCK

.

No par

56%

57
153

'149

11

*17%

19%

13%

*11

*17%

18

18

19%

7 >

49%

19%

7%

*49 Va

>

11

7

300

15

400

11

11%

>17%

18

*17%

19%

20

20%

19%
7 Vb

48%

148

13

11

*11%

11%

*145

13%

149

*146

*11'A

*55%

5 6'A

56%

57
150

149

13%
11%

'11%

CO

49

»

100

3,500

6%

7%

43,800

48%

49%

400

7 Va

7

700

18

20%

49

B
8

7

8% Jan

75% Dec 20

11

26% Jan

6

30'A Jan

8% Feb

18
10

114

109

Mar 31

26

100

May 27

11

40% Dec

29

-35% Jan

4

60% Nov

18% Jan

18

105

Jan

-

- ■

69

e

5

Inc

19

54% Jan

32

Dec

31

30

Jan

6

36% Jan

86

Dec

29

83

Jan

4

89 % May 27

43% Jan

4

64

Dec

30

56% May 12

66% Jan

13

Barber

Oil

11% July

1

30
1

15% Jan

17% Apr

5

barxer

Brothers

6

24% May

6

17% Sep
40% Oct

38% Mar

8

20% Jan

4

36% Dec

10

33% Jan

3

4

10% Dec

22

14% Jan

9% Jan

5

May 10

42

-

4%

'

25

Apr 29

;

4'/2%

common

Works

Corp.—,

4

55% Dec

8

6

17% Apr
6
54% Mar 24

4

143% Dec

9

133

Jan

24

140% Feb 28

3% %

conv

99% Jan

6

107 Va Dec

2

104% Feb

28

4%%

preferred

13 y« May

3

25

Dec

31

6

90% Nov

10

.

40% Jan
Jan

107

.

6

50 % Jan

22

4

26

Dec

21

22% Jan

17

41

Dec

29

28% Dec

81

Jan

9% Jan
32

»

8

29% Feb

>

Beaunit
Beck

2

40

Jan

1

35% Sep

10

28

Mar 21

'

34% May

14% Oct

25

13% May 12

1

17% Jan

25

25

Dec

27

22

*

38

16

17% Jan

4

31% Dec

31

90% Jan

18

Nov

17

100

3

Jan

6

30% Jan

17

96 % Mar

8

;
•

34 % Apr

4

48% Dec

111% Dec

31

43

Jan

7

101% Jan

8

2
4

144% Jun

I6i% Nov~29

May 17

161% Feb

50% May 11

•

147% Apr

»

6

147/8 Dec

29

13% Jan

85% Apr
16% Feb

30

80% Oct

27

74

Jan

9

60% Dec

29

48% Jan

12

29 y« Dec

3

11

27% Dec

31

3

32 Va Dec

30

28 % Mar 15

23

30

14% Jan
22% Feb

•

27% Jan

5

40% Sep

I

75

Dec

29

17% Nov

1

38

May

-

-

31

30% May
5
14'A May 27

13% Jan

4

18

29

15% Mar 14

8
July 29
47% Mar 17

12% Jan

9% Jan

14

74% Sep

3

62% Jan

13

39

Dec

14

34% Jan

12

99

Dec

17

96

49% Jan

7

56% Aug

3

11

Dec

13

26% Jan

11

6% Jan

6

Mar 23

i

48 %

44% Dec

Jan

19% Jan

-

6

1

56% Jan

29

28'A Jan

28

No par

Inc

Co

(The)

Edison

81 %

May
34% May

'

5%

Maine

Cox

Bridgeport

Brass

*

Briggs

*

Briggs & Stratton
L
Bristol-Myers Co common

Manufacturing

Co

25
IB

12% Jan

4

14% Dec

29

14% Jan

17% May 17 !
86% Apr 22

Brown

&

Brown

Shoe

20% Jan

31% Feb 23

Brunswick-Balke-Collender

83
July 28
22% Dec 30

12

36% Dec

21

33

11% Jan

4

17% Dec

20

15% Jan

28

85% Jan

82

Jan

Mar 14 !

6 •'

40

Jan

•

Budd

29% Jan

(The)

Jan

6

85

Dec

24

30

Mar 12

Buffalo

Forge

11

51% Aug 16

30 % May 24

47% Feb 21

Bullard

37% Mar 24

57% Aug 20
17% Dec 29

50% Jan

62% Feb

Bulova

88

84% Feb

2

73 Va Jan

18 1

78

76% Jan

3

92

22"% Jan

6 {

10% Jan

11

80% Feb

/

Oct

16

5

12 1

Mar 15

11

$5

-

14

19% Feb

7 i

92% Mar

8

.

77% Aug 11
78% Dec 14

15% Jan

257/s Nov 12

11*. w*b

16% Dec 29

.

25

11% Jan

-

.

15

Mar 18 1

23

Jan

6'

91 % Jan

»

3 1

..

-

4%%

31% Max

7

16% Jan

t :

.

Dec

16

79% Jan

14

93% Oct

4

7% Jan

4

10% Apr
26% Sep

12

i9%Jan

8;

Feb

8

16

24% Jan

18 :

36% Feb

3

•

103% Jan

4

<

16% Jun 29
98

July

16% Jan

29% May 13 r
100

12

Mar

7

:

2

107% Nov

1

99 V* Jan

26 1

I

29% Dec

10

26% Jan

6

36% May

36% Dec

31

33% Jan

f'

41% May 13

3% Dec

31

second

Bros

preference

:

\

Co

M)

52%

51

xl5%

52%

52%

40%

51%

51

53%

3,500

15%

15%

16

16

5,500

1,800

42

*40%

52%

52%

-

54

54

*135

145

106

106

54%

*135

144

*135

144

*135

144

107

107

*106

107 (A

*106

107

26 Vz

26%

26%

26%

*87

89

88

89

26

26

26

43

26%

26%

42%

43

*43

33
14%
28'A

x29%

*88

26%
*43

■

27%

27%

*88

90

3,800

43%

43%

60

30%

30

30%

11,400

14

14

14%

28 Va

29

30

31

14%

14

14 Va

26%

28'A

27%

28

27%

2

37%

*36%

37'A

37 Va

37 Va

3 7'A

38

*37%

99

*97%

99

99

*97%

54
21%

54

21

21

21%

*97'/2

21

xl%

1 Va

1%

33%

33%

f

1%

33 Va

33%

50 Va

50

50

127'A

21

21%

1%

33%

1 Va

33

53%

53%

3

129%

128

50 Va

129%

50

130%

1,400

99

12,000

543/4
21%

4,800

1%

36,300

1%
33

3,000
16,800

37%

333/8

1,400

50'A

49%

50%

1,500

132%

131%

133'A

240,000

76,800
*166%
,

'167%

169

169

X167%

*166'A

167%

167%

14

14%

*79

79%

1,000
5,600

14

14%

14

14'/a

137A

14'%

*79

79%

79

79

79

79

59%

60 V*

61

61'A

62

a^'A

62'/2

63

2,000

25%

26

25 3 i

26%

25%

26%

25%

26

6,300

29%

3 OVA

'

80

28,700

32%

31%

31%

*31%

31%

39%

40

39%

39 7A

39'A

39%

38%

39'A

6,900

59%

61 V\

61 'A

62%

62%

65 %

67 v2

69%

114,300

22%

23

22%

23VA

24%

9,100

30%

30%

29%
*31

30

31%

*31

*30%

31%

29%
*31

X23

237A

24

33

31

100

330

30'A

31

30'A

*30 Va

14 Va

14%

900

17%

7,400

14%

14%

14%

14%

*14'A

14%

17%

17%

17%

17%

17%

17%

17 Va

11 Va

ny4

11%

11V4

11%

ll'/a

11%

64%

65 VA

64%

64%

64%

65

64%

651/4

43

43

43%

43%

441/4 v

*97

98%

42%

43%

42 %

96%

96%

*96%

98

57'A

57 Vz

571/4

58

57%

22%

22%

22%

23'

46'A

47

47%

48

47%

48%

■37%

ll'A

2,000
2,500

14,300

98%

30

57 %

57%

2,800

23%

241A

21,100

*97

57%

•

,

22

36%

37

36%

37

36%

15%

15%

15%

16%

16%

1

1%

rl%

%

1 Va

,

99

53%

8'A

21%

s57Vz

C..

*97 Vz

53'A

20%

30%

50

26%

26%

32%

Xl4

~50
10,100

27%
90

*43

26%

14

52

40

40 y2

51

15%

1'%

23%

22 y8

43Vi:;/

44

43

43%

43

54 VV

54%

54%

54%

21%

22

>7

21%

21%

21%

54%;A*
213/4 >

77%

78

78

78

32 y8

x73

70%

373/8

2,400

163/4

16,200

79,000

44

%,

493/8

16%

16%' >

53%

'—

433A
54%

3,400

21%

213/4

12,100

77«A

77%

1,100

■

32 34

32

32 Va

32

32%

32%

32%

Va

*93

98%

*98

98%

98

98

33 Va

33%

33%

33%

33%

33%

33%

33%

33%

17%

16%

17

16 34

17

16%

17

16%

17

*82 y2

84

98%

31%
*98

3,300

.43 VA
>54%

79

98

5,800

4 8 3/4

37%

-

7,500
40

3,700
29,900

*32'%

84

*82 Vz

84

♦82%

83%

Va

23'%

24

23%

24

"3

24%

24%

23%

233/4

34 Vz

341%

34%

34%

34%

35%

36

36i/4

37

12>00

21 Vz

21%

21'%

21%

21%

21%

21%

21%

21%

213/4

29,700

91

91

907a

91

91%

91%

27%

271/4

27%

32%

30 Va

32

54 Vz

54i%

54%

17'A

167b

*27 Vz
32
"

54Vz

1

"

16%

..

*

1,500

1,600

T %

92 Vz

92

92

*27'A

27%

27%

27%

*271/2

30%

33 %

32%

33%

32%

33%

*54%

54%

*54%

54%

54%

55

800

28

1,200
19,000

17

16%

17%

16%

17 Va

16%

17

29,200

86%

88 %

86%

86 V2

86

86

670

*75

82

*87 Vz
"

100

1

88%

*87«%

88%

*75

78 V2

*75

82

*75

82

*75

85Vz
,28%
*16

100

85 Vz

*841%

85

85

85

85

85 y8

85'/2

85%

440

28%

28%

29

28%

29y8

29%

29%

29 Vb

29%

16,500

16%

16

16

*15%

16

1534

153/4

*

>

*15%

16

82

27%

27'%

27%

28%

28%

28%

28%

29

98

98

98

98

9734

93

98

98

400

15,200

27Vz

'28

98'A

99

5

10%

10%

11

10%

11 Va

10%

11%

10%

11%

7.10O

29

29

29

28%

28%

27%

28

27%

27%

1,400

100

10%
28%
*99 Va

100

99%

10

33'A

33%

32%

33%

*33

5

37%

38

37%

38 34

33

^15

common!

participating
Jackson

16

100

common

preferred
(A

51%

15%

42

51%

*40%

42

50%

34%

5

—

Copper & Zinc.

7%

*40%

24

100

Co

Byers

Byron

1,600

41%
52'A
<16
'52%

5

>

—1

Butte

2

16%

84

1

■

_v

Iric__^

-preferred

4%%

16%

241A

10

Terminal

Butler

16%

*82 Vz
""

No par

Co

Burroughs Corp
Bush

16%

5

;

Burlington Industries Inc com.".
4% preferred
!
3Vz%

26 4

»!7>:>

__5

1

common

Watch. Co

Apr 26

16%

33'A
16%

"

15

;

No par

preferred

Apr

16%

31%
98 Vz

1

.—

74% Nov

73% Jun

3,100

16%

67 Va

79

No par

com

Co

20

Mar 14-

58%

""'21%

100

Co

Co

26% Feb

27

58%

44%,"44%

—2.50

Inc.'

Co

25% Jan

74

58%

89
26

—

,,

No par

Bigelow

Bucyrus-Erie

22% Apr 20 r
92% Feb 11 '

^.3.50

preferred

Brooklyn Union Gas

13:

58%

1*

.

36% Feb

15

58%

37
>37
15y2>15%

5

;___50

100% Apr

13

58 Va

44

.

Co_—5

97% Feb

Jan

58%

46% .47%

;

preferred—

32 % Jan

Jan

170

58

21%

___2.50

2

13% Jan

1,200

89%

16%

57V\

'

33% Aug

22

32%

89%

—100

Roller

3%%

2,300

32

89 %

__100
;

Bearing
Airways Inc
Rights

2

68

33

*88%

65
42%
44Va
*96%>93

RR—

Braniff

4>/2%

67 Va

*32%

88 "2

64%

25

preferred

Bower

4

6

&

Co

6

60

1.25

,_f^_15

_

,

Jan

26

1

—_______

Common

May 25
Mar 23

6

Mar 11

May

Mar
54 Vz

May 10

25

100

Apr 29

% May 25

Mar 14

34% Dec

4

96% July 20

Borden

.5

No par

1

Stores

Boston

Oct

67

11

Brass Corp.;

Book-of-the-Month Club Inc

May 27
49% May 27
38 Va May
5 "
18% Mar 28

53% May 24 •
38

Class B

24 Vt

3

19

Co__i_—5

Boston

3

38

21

Airplane

.7.50

9

14% Jan

Jan

1
Co

Bohn Aluminum &

Bond

10

Inc—l__t__^2.50

Borg-Warner Corp common——.5
3Vz% preferred
2
<__100

59 %

14

(Delaware)

7

6

29% Mar 14

1

Bon Ami Co class A

3

100

Co

Chemical

67%

33

88 %

50
50'A
129
131'A
r2 fe > 2 Va
167'A 167 Va
14'A
14%
*79
79 Vz
59% 59%
26
26%
29%
30Va
31 Vb
3lVa
39%
40Vz
" 59%
61%
23
23%
30Va
31
14 Vz
14%
17%
17%
11%
11'A

_1
par

22,900

32%

1%

Mfg Co

Laughlin

Boeing

1

3

67

45%

3 3'A

*32%

33%

98% Jan

•

% May 13 :
U

3

17% May 20
11 y4 May 24
66% May 3

28% Jan

:

32% July 27
17
Dec 10

23% Jan

Jan

53% Jan

14

18

Blockson

39% Jan

O

93% Jan

;

18

35% Dec

32% Dec

15

24% May 27

8
31

17% Dec

3

&

20

24% Apr
35% Dec

4

1% May

(E W)

67

40

45'A

89

33 Vb

—

____

Co

Bliss

Bliss

67

1%

i.

preferred

Blaw-Knox

67

30

113

100%

100

88 Vz

52%
21 Va

(Del) com—No

rights

19 -

46 VA

4

Co

—1—i—*
Steel

Decker

45%

l peso

■_

1-

17

88% Mar

Co

Blgelow-Sanford Carpet (Del) com-5
4'/2 % pfd series of 1951100
Black &

46

>97%

new—_>.5

Finance

Co

7%

45%

36%

__10

1__—..100 >

Consol Mining

Common

V

>

1

1

common

Aviation

Bethlehem

4

:
20% Mar 15 '

26

20% May 11

Feb

32% Apr
41 % Apr

'

54% May 18

Jan

Dec

Mar

Co

Best Foods

May 26

33

28 '

'

19

31

Mar 14

6% Jan

23

28

Corp

Best

22

63 %

25% Mar 14
26% Jan

Apr
16% Feb

81 % Apr

6

17% Jan

7

1

preferred

&

45%

33
147/2
27

...10

*112

113

44%

43

50

Co—

Benguet

3

170

18

9% May

RR

Howell

&

Beneficial

26

232 May

•

1

34

34%

*112

100%

*87
26.

100

__j:

Bendix

19

3

4

pfd

4%%

Packing

Aircraft

4%,%

7

Mar 14

29

S)

2.50

:

>

Bell

18

30

32% Dec

<

,

Inc

6,700

34

3 4'A

34

100%

*130 > 140
*107
107 Vz
26%
26%

100
100

Bell

4

3

Apr

Creek

Beech-Nut

14

1

(A

preferred

Belding-Heminway

15

Apr

59% Mar
1 Vz Jan

23

Jan

:

101

!&%Feb

l%Dec

30% Jan
50

Feb

Mills

Shoe

Beech

6

22

19% Mar 15
'

-

24

42 V* Apr

May 12

48

% May 18
24
Jan 27

44% Jan

:

prior

Beech Aircraft Corp

-

14
20% Nov 26
10% Apr

No par

Beatrice Foods Co common.—12.50

107% May 2
22'/a Mar 14 ».<
28% May 9
85
Jan 11
96
Mar 18

Jun

Bayuk Cigars Inc.—
-

34%

34%

113

41%
51
15%
52*%

*

10

30,900

102

16%

100

5,400

16%

113

—.10

preferred

95%

16%

*100%

66%
33'A
89
58%

preferred

Iron

Bath

5%

95

17

113

66%
33'A
89
58'A

Corp

95%

16%

34

45%

50

95

17 Va

102

44%

common

7%
94 Vz

16%

112%

preferred__100

& Aroostook

Convertible

*7%
9 3'A

16 "8

*100%

100

600

7%

7%
94'A

113'A
102 Vz

*101

100

common

noncumulative

Bangor

72% Mar 29

*112

50

Ohio

&

10

16% Jan .4

34

100

7%

7%

7%

7%

iey2

17%
34'A

16%

No par

preferred series C

4%

Baltimore

9

93

Ccrp____13

preferred series B

Feb

39% Jan
68

(The)-No par

93'A

7%
95

7%

1

Wilcox Co

Baltimore Gas & Elec Co

4y2%
;

12

47% May

&

T)

Baldwin-Lima-Hamilton

May 18

113 Vz May

!

(B

babcock

Mar 24

35

9

Nov

107

Babbitt

10

24% Mar 30

113% Dec

;7
-7

-

Jan

11% Jan

29

31% July 26

8

Jan

Jan

98

66

13% Dec

42% Jan

107

6% Mar 14

No par

preferred
;

Co

-

~

100

99 7'3

100

*!9%

100

100

33

33%

33%

3 8'A

100

33

38%

33%

240

140

2,800

c
12

Jan

4

1% Jan

4

7% Jan

8

"

12

Dec

2% May 17

23

10% Jan
8 %

55% Dec~30

42% Dec

13

20% Jan

28% Dec

8

15% Dec

4

12% Aug 20
90% Jan
6

6<

May 24

15% Mar

Callahan

3.

Calumet

11% Apr

11
4

2%

2%

2%

12%

13%

12%

13 Vb

30

57% Jan

13

64% Feb

9

25% Jan

10

21 % May 26

5
4

33

Dec

29

28% Mar 14

44% Jan

4

61

July 23

53% May 27

7

Campbell Soup

$4.25

Mines

preferred—

Breweries

33% May 26

Canadian

Pacific

59

Cannon

21

Mills

38%

3.200

'

2%

2%

2%

2%

4,800

12%

13 Va

12 '/8

123/4

21,500

8%

8%

8%

8%

2.800

Ltd...._1

8%

8%

"2

8%

8%

41%

41%

41%

41%

41%

41%

41

41%

41 Va

41%

7,500

37%

37%

37 >%

37%

37 %

37%

37y8

37 Va

36%

36%

5,300

15%

16%

15%

16

15%

leVs

16 Va

8,600

93y2

*93'A

95

95

95

60

*59

60

*59

60

29

29

29

x29 '

32%
54%

32

32%

541A

5 4'A

Co

Canadian

Feb

*37%

2%
13%

8%

W & C Foundry.—"—15
Dry Ginger Ale com.. 1.65'A
conv

2%
13

1.30

Lake

Canada Southern Ry Co—1

60

11

22% Jan
21 % Jan




2%

5

Campbell

6
17

32.

!

38
'

—1
—

Canada

14% Jan

pa?e

Campbell Red

f_

,

Inc

**% Anr

91% Jan

see

Hecla

6

31

footnotes

Zinc-Lead
&

3

Jan

99% May 13
27% July

Packing Corpl

38% Mar

38% May 19 /
16% Apr 13
97% Mar 18;

Nov

California

8

26

52% Jan

For

3% Feb

Ry

Ltd

No

par

93

100

*59

No par

25
No par

29

31%
x53y2

8

16

16 Va

15%

95

*93%

95

60

60

*59

61

29

29

29 %

*29 y8

29%

32%

33%

33%

33%

33%

33%

53 Vz

54

53%

53%

53%

533A

*93%

80

100

1,900

Volume

Number 5433

181

.

The Commercial and Financial Chronicle

.

.

(2479)

NEW YORK STOCK EXCHANGE
Year !!);"»i
Lowest

8% Jan

NEW

Range since Jan. 1
Highest

4

27 Va Dec

29

22% Jan

13

40 % Apr

12

30 Va Mar 14

37

Jan

12

1714 Jan

5

30% Nov

17

27% Jan

36% Apr

6

107

126

6

Capital

Airlines

31%
X32%

33)4

33%

4

10
Carolina Clinchfield & Ohio Ry_100

*115%

116%

3

Carolina

(Philip)

Carey

25% Dec 30

23

5

63 % Dec

31

55 y2 Jan

7

46% Jan

4

62% Apr

13

56% May
49% Mar

4
1

53 y2 Mar

2

4

51

1

56

8

Preferred

17% May 16
15% Mar 14

20

13

Jan

13 % May
113

7

20% Nov 22

3

19% Dec

29

Mar 15

Mar

Jan

4

129% Feb

26

120 y2 Jan

101 % Jun

4

105 Va Sep

10

45
May 16
102% Feb
8

16'A Apr

28

107 % Jan

4

66% May
16

26% Dec 29
121

Nov

26

20% Mar 15
115% Mar 16

4

81 y2 Dec

30

77% Jan

30 V* Dec

31

27

Mar

26 ya Jan

6

Mar

Feb

I)

Co

26 Va Jan

3

4

19% Dec 21

18% Jan 26

19% Apr

18

Oct

28

21% Mar 12

20

4% Jan

4

8% Dec

23% Mar 25
54% Mar 24
12 Va Jan

4

38 Va Jan

8

105% Dec

19

19% Jan

8

32

"/4

Mar

Celotex

7

Corp

5%

27

33 3/s

33

323/8

33

323/4

32%

X32 %

32%

313/4

32%

115%
24%

*115'%

116%

*115%

116%

*115%

116%

65

243/8

23%

24%

65%

65

65

'

24

*64%

59

59%

60

59%

52%

52%

52%

52%

52%

53

53

52%

523/4

*523/4

53%

52%

52%

19%

20

19%

19%

*19%

19%

*19%

12.50

16 Va

16%

16%

163/4

16%

163/4

16%

124%
47

1243/4
48%

*103%

106%

124
47

10

*103%

124

48%
106%

par

23%

24 %

100

*125%

127%

*126

81%

81%

82

No par

29%

30

20

*19 %

19%

5

20%

1

9%

——•

preferred series A.100
common

preferred

23%

124

124 Va

*124

4,800
2,300
20

1

34%

8,100
100

60

60 3/4

52%

100

30,800

60%

7,300

52%

60

59%

' 34%

65%

52%

24

*643/4

59 %

of Airier com__No

conv

33%

32%

52%

_100

preferred

4%%

23%
*64

32%

33%

*52%

4.20%

2nd

7%

115%

323/4

32%

_1

common..

Celanese Corp

33

Shares

,

32'/a

32%
33%

50

preferred

Preferred

24%
65

33

the Week

Friday
May 27 k

50

series.

Caterpillar Tractor com new.i

127 Va May 25

23%
*64

5

series

$3

5

82% May 18

27

(J

T/c

27

11

No par

10

preferred

•

105% May

Jan

Light

Co

Corp

% 7o

Case

15

50 y2 Apr

&

Steel

Carriers & General Corp

May 23
19% Jan
3

15% Jan

Jan

Carrier

64% Feb 18

Co

Mfg Co—

Power

Carpenter

66 va May 13

126%

3

May 26

33%

22

117

11

Thursday

May 25

31%

40% Jan

Jan

Wednesday

May 24

33%

20'/a Oct

112

Inc

(The)

Sales for

PRICES

SALE

HIGH

Tuesday

30%

5

31

Monday
May 23

Par

I

Carborundum

Jan

Dec

STOCK

5

34 y4 May 27

7

YORK

RECORD
LOW AND

EXCHANGE

Lowest

Highest

Jan

28

STOCK

STOCKS

Range for Previous

23

*52%

550

54

60

1,100

20

20

20

17%

16%

17%

125

124%

25,600
90

125

483/4

49 */4

48%

49%

49%

49%

*103%

106%

*103%

106 %

*103 %

106%

23%

23 Va

23 %

127 %
82

126%

1271/4

82

82

29%

293/4

293/a

19%

19%

19%

20%

20%

20%

20%

91/4

9%

9%

8%

23 5/8

*126

8,000

24%

'

20

82 Va

*

25,400

127%

81%

23%

2,200
5,300

23%
*126

127%

81%

81%

293/4

29%

29%

29%

29 %

19%

*19%

19%

*19%

19%

1,000

20%

20%

20%

20%

20%

*

1,500

'i
Jan

3

22

20

7% Jan

6

10% Apr

40% Dec

28

37% Jan

82 '

Dec

22

79 Va Jan

3

88

Mar

15% Dec

27

14% Jan

31

18

Apr 26

47% Dec

21

45% Jan

5

112% Sep

18

Central

Aguirre

25

Central

Foundry Co

69% May 25

Central

Apr 20

51% Feb

5%

1

of

Central

62%

62%

66

67%

69 %

67%

68

88%

*87%

88 %

88

88

89

87%

87%

17%

17%

17%

17%

17%

173/8

17%

17%

17%

175/8

Illinois

5,000

49%

493/4

50

51

503/4

51%

50%

51%

50%

50%

2,400

110

111

Light com

109

Jan

6

Mar 11

4%%

8

24

Jan

7

Illinois

Public

Mar 14

28% May 5
36% May 26

Central

21

Central

RR

of

15% Jan

21

Mar 15

36% May 25

4

25% Dec

28

6

31%

Dec

29

29% Jan

18

36%reb

14% Nov

26

13 % Jan

19

20

6% May 27
4
20% Jan

8% Jan

41% Dec

30

12% Jan

4

28% Dec

33% Jan

4

48:

Dec

Nov

io% Nov 29

No par
...100

Co

N

class

1093/4

10.) 3/4

26%

26'A

26%

26%

26%

26%

26%

26%

26%

9,700

323/4

33

33

33%

34%

35

35

35%

35

35%

2,300

35%

36%

34%

36

33%

33%

33%

33%

16

14%

14%

111

& South

Central

Violeta

Co

■33

111

111

33

33%

341/4

35

5

33%

33%

33%

333/a

33%

33 %

*15%

16%

*15%

16%

*15%

West Corp

Sugar

111

9.50

50

Central

4

333/4

16

*15%

14% Feb

17

12

Cerro

X12%

31

23% Mar 14

28"% Feb

18

Certain-Teed

14

43% Jan

7

49 Va Feb

17

Aur

5

54% Feb

7

Mar

9

109

Feb

3

Jan

6

68

Feb

16

12%

12%

12%

12

443/a

43%

44

44

1

27%

27%

27

273/s

273/a

453/4

46%

46%

47

27%

27%

45%

47

4b

Corp

27%
48

110

*12

45%

Corp

Products

12%
4o Va

12

433/a

Chain Belt Co

Pasco

*109

48

12%

5

Century Ribbon Mills

50 Va Apr

No par

10

6

37% Mar 14

200

26%

Class B

ii

Apr

*87%

10

Service

J

*

A—50

preferred

de

3,900

62%

28

26

2,100

*87%

30

10% Feb

9

68%

68

8%

100

Dec

23% Jan

9

No par

Ry

25% Dec

112

8%

9

Gas & Elec...No par

Georgia

Hudson

15% Mar 15

26

Co

preferred series B

Central

17

Sugar

60

,

3,200
■

J 14,600
300

.

12'%

1,700

46 %

10,900

27

27%

20,200

47%

47%

700

%

Champion Paper & Fibre Co—
33

Jan

11

60

98% Jan

5

108

22

22

50

Mar 17

105
30

2

383% Aug 11
8% Dec 30

May 12

4% Feb

253/4 Jan

63/8 May 17

Common

9% Feb 25

Vought

Checker

Cab

51 3/8 '

No par

.

$4.50 preferred

Chance

106 %

1073/4

1

36 %

37%

Inc.

1.25

Manufacturing

7

*97

5

53'% Dec

31

43

33 % Jan

4

46% Dec

31

42 % Jan

6

84% Jan

13

94% Dec

9

93% Jan

17

98

May 26

Chesapeake Corp of Virginia
5
Chesapeake & Ohio Ry common__25
3%%
convertible preferred—.100

Jan

4

24% Dec

30

21% Jan

18

27% Mar 25

Chicago & East 111 RR com__No par

23% Feb

3

30 % Dec

30

28

Jan

18

36 % Mar 25

14

18% Jan

Mar 14

52% Jan

3

53% May

6

5

27% May 14

21% Mar 14

18 % Jan

4

38% Dec

17

33 3/s Jan

18

44% Mar

27% Jan

4

38% Dec

16

36% Jan

19

12 Va Mar

1

19% Dec

31

16% Jan

21

23

5% Jari
10

Jun

35% Mar

4

8

133/a Dec

Jan

-

12

6

19% Apr

15% Jan

6

27% May 11

45% Feb

16

67% May 23

173/a Dec

Jan

10% Jan

11

30

14% Jan

21

29

34% Feb

9

30% Jan

13

53% Mar

30% Aug 31

495/a Dec

22

39% Jan

6

10

108% Jan

11

63

Oct

Jan

5

62% Jan

11

73/4 July

11% Jan
1% Jan

7% Jan
21

6

118 Va Dec
94
'

Dec

21 % Nov
4

4

Dec

35

1

72% Dec 21

May 25

7

18

97% Jan
47

18
4

25

Jan

12

84% Aug 12

59% Jan

28% Jan

11

49

43

Nov 23

18;

Mar 14

45 y8 Mar 14

75

20%

21

20%

20 %

203%

20%

20%

20%

20%

3

50% Feb

Chile

52% Feb

37% Dec

3

.32% May 27

40% Feb

21% Dec

3

19% Jan

27.

22% Mar

26

4

74

Jan

27

33% Jan

4

170

May 12

101

Dec

3

57% Dec

14

210

Mar 24

101% Apr

11

94

Jan

27

53

Jan

6

Mar 15

191

Feb

14

87% Sep

7

93

Dec

27

92

Jan

17

53% Jan

4

68

Dec

31

65

Jan

28:

33% May 26
107

Jan

5

110% Dec

28

70Va Jun

2

75% Sep

27

40% Aug 13

44

18

July

9

Jan

7

24

Feb

Jan

18

18%

18%

18%

18

18%

6,500

37%

38%

38

38%

38

38%

17,900

46

46'%

46

463/8

46%

46%

6,100

132

*120

113/4

11%

12 VA

16%

*153/4

16%

11%

*15%

*120

131

94

95

12

*120

131

*120

95%

12%

*153/4,

94%
12%

16%

*15%
5

131

94

94%

5,900

12%

12%

12%

3,500

16%

*15%

16%
5

4%

538

4%

25
25
25

171/4

17%

17%

18

17%

18%'

17%

17%

16%

16%

46 %

46%

*46%

483/4

47

47

483/4

50.

50%

51%

370

75%

773/a

75%

76%

753%

76 3/4

755/8

76

75

76%

34,500

26%

6,600

preferred—

Co

Gas

93%

95 Va

—1

common———

Copper

131

93%

93 Vb

_———10

Oil

Cotton

*120

4%

5 Va

5

5%

53%

45,300

2,300

Electric—

&

No par

26 Va

26 Va

100
Machine Co—10

preferred

102%

103%

64%

645%

633%

633/4

633/4

64

49

493/8

48%

49%

48%

49

;i

Financial Corp

No par
10

——

46%

5
———100
City Products Corp
No par

14%

preferred

*102

33

475/8
3

4%

:26%
103

46 5%

143%
*102

105

26%
103

47%
143%
105

26%
*103

26%

26%

*103

103%;

.'

143%

V

103

110

103

14%-

64%

63%

63%

1,800

48

47%-

47

48%

48%

48%

7,400

475/B

,

'

143/e
105

105

*102

26%

26%
103 %

63%

49 %

49%

145/8

14%
*105

105

50

27,700

14%

2,900
20

106%

333/a

32%

33

32 3%

32%

32%

32%

32%

32%

6,000

22%

99

22

21%

22

21%

22

21%

21%

4,800

15

Clark

Equipment

Co—

20

C C

& St Louis

Ry Co com...100

*187

215

*187

215

*187

215

*187

215

*187

215

preferred—100
com.No par

*97

100

98

98

*97

100

*b7

100

*97

99
May 11
4
71% Jan

C

noncumulative

5%

Elec

Cleve

Jan

4

$4.50

4

75% Apr

4

Cleveland

45% May 12

111

22
104%

20

673/4

68 Va

*102%

104%

103

104

104

102%

450

67%

102%

103

8,600

'

x67%

673%

66%

67

66%

66 3/4

67

100

30

68%

—

683/4

67%

683/4

67

67%

66 %

67

66%

67

2,700

34

34

34%

333/4

33%

33%

33%

33%

33%

1,800

109

110

109

110

270

*74

76

75

75

*74

75

75

75

*74

76

180

stock—50

*43

45

*43

45

*43

45

*43

45

*43

45

1
No par

22

22%

21%

22

X21%

22%

21%

22

21%

21%

4,200

743/4

75%

733%

74%

74

75%

75

75%

75

753/4

11,200

common—„1

373/a

37%

37

37%

37%

373/8

37

37%

36%

37 Va

4,500

—1

3%

3%

3%

3%

3%

3%

3%

1,400

preferred
Pitts RR 7%

&

104 %

34

Illuminating
issued"

"When

34% May 24

25% Feb

4

80% May

34% May

4

45 % Jan

31

43

Dec
Oct

6

Dec

22

7
4

12% Jan

125% Mar 17

gtd

Special guaranteed 4%

20

39% Mar 14

47% Feb

110%

No par
50

Clopay

9

110%

108%

109

109

110

111% Jan

6

127

Apr

18
6

50% May
Jan

14

17% Jan

6

990

4%

Apr

4

95% Mar

Coca-Cola

18

62% Jan

3

31

21

Mar 14

1

46% Dec 31

45

Jan

6

41

Mar 22

52% Dec 31

49% Jan

27

63

Mar 29

50

Jan

61

75

May 27

67%, May 27

4%

Apr 30

v

Dec

31

59

Jan

6

58% Nov 30

56

Jan

17

12% Jan-

4

32

27

31

<16% Dec 23

May 18

ADr

16%

5

30 %

30 %

common

Columbian

preferred.No par

78%

No par

46 %

Co.—

Carbon

Jan

14

54% Jan

6

79% Mar 24

Combustion

Engineering Inc

34% Jan

12

53% Nov 24

46% Feb

25

55% May 25

Commercial

Credit

22% Dec

19% Jan

6

26% Feb

9

Commercial

Solvents

38% Mar 14

47% Jan

20

15% May 11
4
36% Jan

30

48% Dec

8

8% Dec

13

19% Oct 29

23% Jan

27

17% May 5
20% Jan 12

23% Jan 26
30% Dec
6

Jan

4

7% Jan

4
4

47% Aug
3
110% Dec 30

107% Apr, 26

17

8% Jan
24% Jan

27% Feb

33% May
17% Apr

51% Feb

14

12% Jan

10

45% Jan

6

108

Jan

Jan

4

26% Dec 27

4

17

12% Feb

11

22% Oct 20

18

Jan

33% Dec

14

36% Dec

33

17% Nov

25

5% Jan
7
Apr
38% Jan

9% Dec

106 Va Jun
7

90% Jan

4

54% Jan

4

21

Sep 22
30% Dec 30

105% Dec

18% Feb

17

6

27% Feb

11

36% Jan

3

,

7

7% May 10
46% May 12:
Jan

107% Mar

11

3

11

Marl6

Jan

50% Mar
112

109

27
7

Mar "4

Jan

3

6

69% Jan

28

101% Mar

7

in.s%Jan

10

27% Jan

6

61

Jan

100% Jan

13

72% Jan

25

page

11 May 25
33

Jan

101

32.

Mar

4

38

May 19

108 Va Apr

14

Feb

18

83

103% Jan

5

——1
—25

8%
18%
24%
31
15

of N Y com—No par

49%

Corp

—

preferred
Electronics

Consol

i

30%
67
54 %
21%
39 k

Pyblishing Co—No par
—10
Congoleum-Nalrn Inc
—No par
Consolidated Cigar Corp
:
*
Consolidated Coppermlnes Corp—5
$5

3

.,

Nast

Mills

Consol Edison

44% Jan 24

7
„

31

see

4

Mar 11

79% Nov 24

106% Dec 27

Jan

12% Feb 21

108

68% Nov 23
105

For footnotes




>1

25% May 26

110'

Conde
Cone

11

% May 25
4
21% Feb

5

109% Feb

101Va May 25
20% Jan
4

Jan

28

Nov 24

11.

10

26

49% Aug
113

5

15% Jan

8

11% Dec 30

105% Jan

42% Jan

Jan

5.

23% Jan

16
,

7

1
—10

Co—

Commonwealth Edison Co

9

12% Jan

Dec

Columbus & Southern Ohio Elec___5

16

18% May 12
21Vs Mar 14

13% Dec 23

40% Jan

8% Jan

31% Feb

Consolidated

Consolidated

Ind

Corp

.»

47%

47%

47-%

*47%

47%

55%

55%

55%

56

59

59%

60%

67 fa

69

69

70

74%

73

75

♦64

65

63%

66

67%

67%

28%

29

283/4

29%

28%

28%

28%

293/a"

Retail

Consolidated Textile

$5.50

Can

$3.75 preferred

16%

10%

16%

16%

16%

16%

30

30%

30

30%

29

30

78%

78%

77%

78%

77

77

463/4

46 %

47

46%

47%

47

48

8,500

30%

30%

30%

30%

30%

31

30%

31%

7,800

46%

G63/4

67

673/4

67

67

545/8

55%

X54

54%

533/4

54%

22

22%

22

22%

22%

22%

39%

41%

41%

42%

42

8%
18%
25%

83/8

8%

8 3/s

8%

18%

18%

18%

24%

25

25

*31%
15

*31%
14%

223/8

13,900

42%

427/a

43,400

8%

*8%

8%

18%

19%

19%

19%

9,000

25%

15%

22%

42%

8%

18%

31%

No par

.

•i

2,400

11,000

X24%

25%

25%

25%

12,500

32

31%

31%

15%

153/B

15%

*30%

1

15%

1,200

£

500

31

15%

10,900

49%

49%

49%

49%

495/a

49%

49%

109%

109%

109%

109%

109%

109%

1,900

39

38'/a

38%

38%

39%

38%

38%

38%

39%

8,300

16%

15%

16

16%

16'/a

16 Va

16%

15%

16%

2,200

%

7,800

109%

4.600

22%

21

21

20%

203/4

20%

21%

21%

213/4

34%

34

343/8

33%

34%

34%

34%

34%

34%

12,200

A

ii

133,600

*64%

10

20

4,400
140

66%

n

65

36% 37
*106% 107
76

/a

78

*101% 102 Va

200

26

26

26

11%

11%

11%

11%

11%

113/4

11%

5,300

8%

8%

8%

8%

8%

8%

8%

8%

1,700

47%
111

*108%
63%

27

*25

"

27

47%

47%

46%

47%

1103/4

111%

111%

111%

109%

*108%

109%

108%

47%

64

*63%

64

64%
*101%

101%

*101%

104

36'%

36%

363/4

37

*106%
76

*101%

*25

111%

101 %

*101% 104

ii

A

11%

*25

11%
8 ,9

47%
H*
m%
*108% 109 Va
I
'

No par

common

.!

'

49%

11
8%
47

Co Inc.—10c

No par
Inc

6,200
43,600

30%

%

100

k

165/8

30

55

31
15 %

r

79%

10%

*78%

--

preferred

Continental

j.

13,700

67

27

.

29%

67

--

1-

30

29

54%

*25

1

Continental Baking Co com_.No par

29%

'

109%

16 Va

—

preferred

-i
■

200

34%

preferred
No par
$4.52 preferred
No par
Container Corp of America—
Common

670

2,900

55
22%
40

67'%

—

Inc

Consumers Power Co com
$4.50

78/4
47
30 %

pfd——100

Stores

i

500

47%

21%

10

Rights __.J—:

200

49 %

37%

Foods Corp..—1.33%
Laundries Corp
5

Consol RR of Cuba 6%

Consolidated'

47%

9,500

109 % 109%

No par
1

Consolidated Natural Gas

4%

33,900

54%

*

System Inc.—No par

Pictures

31% July 15
61% Dec
8

28% Mar 15

25 Vb

28%

29

11

26% Jan

24%

29%

29%

.2.50

$4.25 cumulative

4

3

25%

x28

.2.50

Class B

22

51% Jan

24%

X28%

29%
29%
16 %

Class A new •:

53% Dec

85%' Feb

24%

65

11

May 27
45% Mar 22

23%

*63

Columbia

41% Jan

j

24%

65

Columbia Gas

^

2,200

♦63

545/8'

'

183/4

55%

31

—

18%

67

23

-

—

183/4

47%

39 Va Jan

—

18%

68

17% Feb

May 27

—

18%

55%

15% Mar 14

*925

18%

47%

77

"

130
—

3,500

18 3/8

67

29

*925

1213/4

■

55%

17

122

121%

1,500

54%

47%

31

122

1213/4

121%

44

93

com—No par

Feb

4

110

43%

92%

23%

89

12

146

*107

43%

53%

24%

34% Dec

19% Jan
68% Jan

*143

112

43

54%

23 S/8

System—

146

*107

92 3/o

18%

—

*143

112

92%

18%

new

144

54

18 3/8

Broadcasting

144

92%

93

& Iron

*43

♦107

*92%

54%

92%

5% %

3%

3%
44

*925

53%

Colorado Fuel

22

"

92 3/4

54%

Colorado &

-Apr 21

*925

121%

55

Columbia
27% May 18

121%

preferred series B
—50
Southern Ry com—100
noncumulative 1st pfd
100
noncumulative 2nd pfd—100

4%

29

121%

43%
1453/4
112

*107

*92 %

Colgate-Palmolive Co com
—.10
$3.50 preferred ——-No par
Collins & Aikman Corp
—No par

20% Mgr 7
26% Apr 18
48% Feb 15

144%

114

950

Corp—No par

Internat'l

3%
43%

44

145

1215/8

2nd preferred.100

(The)——No par

Coca-Cola Co

15

43 %

143
108

—————-100

preferred
cumulative

7%

14

—_

:■

i
'

Cluett Peabody & Co com—No par

148% Mar 14

Apr

Inc

Foods

Corp

—

7

112

Feb

Corporation
Molybdenum

Clinton

10

9

90

40% Sep

Apr

Climax

4

990

24% Dec

4

Clevite

2

100% Mar

95% Sep 16
20% July 28

15% Mar 24

17

14

133 y2 Jan

" Apr 13
63% Nov 22

976

Jan

2% Jan

22

142

104

10

96

600

9,400

18 VA

22

20% Mar 14

6

Dec

5

%

23,600

46%

Feb

72

56

12

86% Jan

6

.

Vi'

38 3%

9

3% Aug 30

4

38% Jan

44

67

197% Apr

105% Apr

42% Dec

24

107% Oct 18

,45

17 %

27%

65%

City Stores Co common.._——5
4%% convertible preferred—100

29
59% Nov 22

32% Mar 25
132% Jan

869

17%

26%

67%

1

2% May

89

17%
27%

663/4

46

Jan

73

17%
27%

673%

17%

5%%

3

17 Va '

273%

66 %

37%

City Investing Co common—

15

17 VA

27 Va

66%

183/a

Cities Service Co new

May 26

17%
27%

65%

47

42% Feb

24% Dec

37

108% Mar 30,

4

Mar

105

17%
26%

67%

38%

Cincinnati Milling

3

14

22

17%
27%

17%

Chrysler Corp

14

17% Jan

17% Dec
104% Sep

300

1,900
4,400

46%

Co

C I T

20 Va

9,200

-

37 VB

convertible

b'/c

22%

22%
*40

100
5

preferred series A

Childs

1

9% Jan " 5

Jan

100

pfd

41

66

Pac—No par

noncum

225%

North Western com..No par

&

5%

18

98% July 22
4
27% Jan
15

Paul &

series A

223%

26a/4

*17

No par

—

Milw St

Chic

1

Feb

400

22%

9

104% May

4,700

32

41

4%

27% Apr

16

22%

26 Va

32

32

100

25%

26

32

40

Common

17

25%

32

41

6

23% Jan
100% Feb

25

40

4

9

24%
32

22%

26

15

24%

41

Apr

Aug

21,800

4,300

99%

41

82% Apr

105% Oct

700

52%

*98

22%

Cincinnati

20% Feb

473/4

51%

98

*40

5%

101 % May

58

*47%

98

*40%

27

Jan

47%
52%

533%
98

41

27

66'/a Jan

52%

41

5% Apr

29

47%

X51%

47

47

40%

19% Apr

Feb

7,300

40 5%

17

May

3

8%

40 3%

Chickasha

3

31

56% Feb

*40

1

14

75/U

40%

9
12% May 24

9% Feb

7%

22%
41

Class B

19% Mar 10
142% Mar

7%

51%

40%

_

:

22% Feb

Mar 15

15 %

31

163/a Dec

5
5

*32

Chicago Pneumatic Tool com
$3 convertible preference..No par
Chicago Rock Isl & Pac RR._No par
Chicago Yellow Cab———No par

88

18

Feb

33

13 % Mar 14

29

103/a Aug 30

5

24

7%

*97 %

98

24%

23%

523% ,

18,100

32%

*97

*31%

47

40%

51%

40%

(The)

preferred

Chic

39% Mar 10

26

513%

50

38%

*106

Chicago Ind & Louisville Ry cl A.25

20

31

21

*46%

52%
98

107%

38%

22%

5%

18

29

73%

52%
107%

37%

7'%

37

1

Chicago Great Western Ry com

17% Dec

47

7

51%
*106%

383%

52
106

515%
106

37%

50

Chicago Corp

2

52% Dec

■:/■

2

51%

52 3%

107%

36 3%

;—-50

3

Apr

47

7%

51%
*105

40

Class A

42% Mar 11

26

51%

No par

—

Aircraft

107
76 %

102%

*106%
76

♦101%

107
76%
102

46%
112

47

6,700

112

560

10p%

*108%

109%

50

64%

64%

643/4

2,300

104

*101%

104

30

4,600

36%

36%

36%

36%

1063/4

106%

*106%

1063/4

70

76%

7,500

76%

$101%

76%

102

76

102

102

100

r!

The Commercial and Financial Chronicle
24

...

(2480)

4
22

17% Jun

6

10% Jan

10

11% Deo

7
22
Dec
6
14 y4 Dec 10

19% Apr
13 % Jan

Dec

29

4

13% Dec

31

Jan

4

75% Nov 24

15% Jan

4

27% Dec

31

Dec

8

25 % Apr

22

Feb

102

15

7% Jan

72

19

Nov""!

19

7

6

21% Apr 21

6

24

110

25% Mar 14

52

Jan

32 % Apr

20% Jan

24'A May 20

18

28

48

Mar 28

25

Apr

29

52

Jan

21

25

48% Apr

14

5

51% Dec

50 % Jan

6

21 % Jan

4

36

31
Dec
7

32

Mar 21

54

Mar 14

99%

Apr" 13

95% Jan

12

102

Apr

29

Aug 29

98

26

101% Apr

12

Jan

28% May 24
Dec

1

174'A Jan

8

19% Sep

1

26% Nov
5'A Dec

176% Feb

23

3% Mar 16

9

1% Jan

4

2% Dec

4

40% Dec

5

91% Jan

7

2

29

Jan
Jan

6

37% Jan

16

28% Jan

4

24'A Jan 25

6

35% Jan

3

73 '/a May 20

30% May
182% Jan

2
3

29% May 23

6% Feb

4

17% July 20

13% Mar 30

4

35% Oct

34

Jan

7

55

Jan

29

104% Jan

4

19

64% Nov 23

Apr

25

77% May

11

36% Dec

31

32% Jan

9

4

109% Dec

31

100% Jan

6

13% Nov

10

20% Jan

26

15% Feb

2

20% Mar

11% Jan

4

15 % Dec

9

13% Jan

6

18% Mar 29

7% Dec 29

20
30

6% Jan

3

31

f

8% Mar 14

Dec

29

31% Mar 29

9% Aug

2

7% May 24

6

101 % May 25

Aug 17
18% Dec 27

52% May 23

27% May 14
6% Apr 19

35

Jan

4

108

54% Jan

5

59

62

93

6

Feb

Dec

9% Jan

60

Dec

7% Jan

4

25

Jan

11

134

Jan

7

39

Jan

11

64% Deo

30% Jan
87 % Jan

15% Jan

6

28

31

Jan

•

136% July 20

135

Jan

27

•

56% Jan

11

48% Nov 24

43% Jan

26

94

4% May 18
13 % Jun
8

7

33% Dec

*54

54%

*54

54%

.1

Corp

33

6

107

May

136

Mar 23

3
45% Mar 23

72%
100
103
29%
179%

1

28%

29%

5%

1

1

preferred

2%

25

Corp

44%

7

9% May

73% Apr

2

26

9% Mar

1

10

Feb

35

9% Jan

11

5%

Cuba RR 6%

4%%

$7

Prior

23% Mar 18
8

Jan

7

7

75% Feb

16

«

50% Mar

5%

5%

*2%

2%

2%

44%

44%
*96

*31%

16%

17%

35%

35%

76%

76%

76%

106%

106%

106%

40%

40

125

*119

17

17

*17

16%

16%

9

9%

*121

Inc.

21%

33%

No par

*101

102%

30

29 Va

18,600

32%

28%

28%

*177

178

5%

2%,

2%
45%

20,000

5%

2,000

*2%
45%
*96

99

*96

60

29%

5%

5%

45

179

40

237/a

29

28%

31%

31%

31%

2%
46

500

14,900

99

500

7,200

76%

77%

76%

77'A

•106%

107 %

106%

106%

60

40%

126

•122

41'A

11,700

124%

40%

40%

40%
125

124%

400
420

17%

16%
8%

16%

17

16%

16%

17%

17'A

16%

16%

16%
8%

16%

16%

16'A

16%

3,000

9%

9%

6,10G

8%

9

32%

20%

102'A

177

77

32%
7%

33%

8,300

28%

*32%
7%

103%
53

*32%

33

7%

8%

55

20%

33%

33%

x70

70

7%

7%

105

69'A

100

9'/a

1,000

33

7'A
105

54%

54%

55%

56

21'A

21%

33%

21%

21%

22%

137
69%

33%

33 y4

33%

33%

*136
68%

136

*9

33

103

1C3

55

20%

21%

136

9

33

7'A

7%
104

54

*68

70

9

♦32%

32"%

7%

101%

108

9

♦68

9%

*136
138
71%
71%

72%

100'A

♦101

69%

100

1,500

72
*100

32%

500

9

pfd

33'A

72%
100 %

71%

68,700

*68

1
i—1

common

51%
54%

54 %

31%

2.50

Class A

Cushman's Sons Inc 7%

1,100

*49%
*

4.40G

19%

9%

7%

24%

36

69%

54

24%

17%

9

112

24 V*

36

*68

52%

13,700

'/

17%

8%

110

39%

35%

68%

1

23%

38%

17

8%

No par

31V*

23'A

35%

68%

No par

30%

23%

32%

106%

40

124

2,900

31

39%

35%

*35%

36

76%

13.8GG

17%

17

107
41%

13,100

*100

31%

17

10%
83%

24%

99

31%

*96

4.3GG

10%
82%

23

45%

99

40%

5

preferred—

Cutler-Hammer

97

10%
81 %

38%

2%

44%

5

preferred,

Curtis-Wright

96'A

10%

29
5%

100

Cunningham Drug Stores Inc
Curtis Publishing common

23

97

200

80%

180

28%

31%

*122

100

common

5%

*178

29

76%

Sugar common__10

preferred

28%

31%

35%

100

pfd

noncum

179

179

*106%

common—25

preferred

Cuneo Press Inc

23

35% Feb

Amer

Cudahy Packing Co

Feb

140

of

Cuban-American

67% Feb

116

Steel

2%

33

99%

16%

_______No par

convertible

5%
45

32%

70%
71
*100
101
*101
103
28J/a
28%

*31%

Wheat Corp (The)
2
Cork & Seal common—2.50

$4.20 preferred

96

*54

* 96

100

of

Crucible

33

71%
100
*101
28 %
179%

5

$2 preferred ___________—No par
Crown Zellerbach Corp common
5

72% Jan

21

23%
38
24%
51%

Crown

21% Jan

4% Oct

31

22%
37 %
24
*49%

19% May 27

4

7% Jun

*30%

24%
39
24
51%

37

4

48% Oct

30%

Cream

34% Jan

Nov 20

30%
23
38
24
*49

4

101'A Jan

106

3%%

2,300

54%

Inc

11

40'A

51%

Crane Co common

32% Mar

40

*54%

79%

100

International

40 y4

*50

Corp

Coty

4,900

40

40%

54%
32%
32%
71%
71%
*100
100%
101
101%
28%
28%

78%

14

preferred

Coty

23

X30%

79%

pfd 3%% series of 1947—100

Petroleum

20%

23

31%
23%
38%
24%
51%

10%

78 %

100

18

98% Apr

Jan

7%

20%

23'%

30%
23
377/a
24%
*49%

10%

97

Products Refining com new.10

Cosden

20%

23

96%
10%
80%

preferred

Cum

Corn

♦20 3A

22%

79%

1
8

10

Electric

Dubilier

3%%

10%

40
x96%
10%

Corning Glass Works common

28

95% Jan 24

29% Jan

Cornell

10 Va

40
96%

41
96%
10%

6,100

10%

39%

40
98%
10%

Shares

10%

10%
20%

23

series.__———50

6%

2% Feb

28% Jan

7

Preferred

10%
20%

22%

Corp

48% Jan

99 'A Mar 30

14

Steel

lOVa
20%

10%
*20%
22%

10%
20%
23

Cooper-Bessemer Corp
,——5
Cooper Range Co new——
5
Copperweld Steel Co common——5
Convertible pref 5% series
50

18

30% Dec

4

26% Mar 22
11

54% May 13

Continental

May 25

May 27

22%

Delaware.

of

Friday

May 26

5

Motors

the Week

Thursday

25

—

Insurance

Continental

Sales for

PRICES

Machine„l

&

Continental Oil

25

185

Foundry

Continental

35% May 18
21% Mar 29

Dec"31

102

Continental

SALE

Wednesday

Tuesday
May 24

lO'/a
*20%

Fibre

83% Mar 28

24

May 23

Par

preferred

Diamond

Apr 15
14% Feb
8

Jan

48 % May

96% Jan

convertible

Continental

10'A May 17

24%

Monday

Cop & Steel Ind com—2

70

44% Mar

95% Jan

Continental

5%

Apr 20
45% Mar 28

36% May 18

STOCK

YORK

EXCHANGE

Feb

12

May 12

93 % Mar 14

52

NEW

Range since Jan. 1
Highest

Lowest

Highest

Lowest

7% May

LOW AND HIGH

STOCKS

Year 1954

RECORD

EXCHANGE STOCK

NEW YORK STOCK
Range for Previous

Monday, May 30, 1955

137

136

70

*136

70

69%

33'A
137

20C

24.90G
300

1,90C
58,400

1,500
10

70%

4,500

46'A

2,000

D

4

11% Jan
37

27

Apr

90

Jan

8

91

Jan

13

92

16

Dec

46

Jan

6

42% Jan 17
93% Mar 23

1

93

Nov 26

97

Apr 27

23

27

Aug 23

96% Apr

27

12

14% Mar 19
25% Dec

Jan

4% May 12

AUg 20

Mar

2

Dana

1

46%

46%

__100

93%

93%

*93%

4%

4%

4%

13% Feb 24

Davega Stores Corp common—2.50
5% convertible preferred
20

32% Mar

Daystrom

1

Mar 17

95

6% Jan

17
4

46% Mar 22

Corp

3%%

common

preferred

series A

Inc

97

4%

46

*93%

95

4%

:

45%

95

46

45%

*93%

*93'A
*5

5

' .' ' 5

*12%

13

95

40

5%

2,OOC

13 Va

30C

13%

13%

12%

27

27%

27

27

27%

13
27%

27 %

3,200

43%

7

*12%

43%

43%

44

43%

44'A

42%

43

43

43

3,900

95

95

96

18

Preferred

3.75%

series

A

100

95%

May 11

Preferred

3.75%

series

B

100

*94%

96% Jan

45

"

47/s

95

*13

10

:

Dayton Power & Light common

46%

46

95%
96

*13

96%
*95

•

27%

27%

27 y8

96%

*95

96

95

97

*95

97

*95

96%

99%

*98

99%

97%

98

21

*94

13C

96%

~3G

95% Feb 14

99% Apr

28

17% Jan 17

22% Feb

23

Dayton Rubber Co

50c

19%

20%

20%

20%

20%

20%

21 y*

21%

11,600

18 % Nov

23

14% Jan

6

16% Feb

16

Decca Records Inc_;

50c

15%

15%

15%

15%

15%

16%

16

16%,

15%

157/a

21,000

Jun

14

45% Feb

23

74

Apr

15

Deep Rock Oil Corp

1

68%

68%

68%

68"%

68%

69%

68%

69

68%

69

24% Jan

35% Nov

12

31% May 16

35% Apr

14

Deere

32%

32%

33'A

32% Jan

35% Oct

1

41

57

Dec

30

94% Jan

11

12% May

4

101% Oct

55

May

13

19% Jan 26

9% Apr 27
35% Jan 11

12 % Jan

20% Dec
33% Aug

5

68% May

2

18% Jan

•

Apr

35% May

51% Jan 18

28

27

Mar

8

34

30

•

Jan 17

7%

&

3.90%

Co

series

100

Delaware

&

*98

99%

*98

99%

*98

21

6,00C
37,900

10

Hudson

Delaware

Lack

Delaware

Power &

&

31%

32%

31%

32%

31%

32%

32

20

preferred—

3

Apr

C

common

26

25 % Mar

36

Preferred

35

35%

35%

35%

35%

35 Va

35'A

66%

66%

67%

35%
'67%

35

66%

35%
66%

66%

67'A

67 V*

68'A

3,900

21%

21'A

21%

11,000

35%

2,400

100

Western

50

Light Co

21

21%

21

21%

21

35'A

35%

35 %

35%

35%

123%

13.50

124 %

21%
35%

21%

35%

35

35

1.60C

Denver & Rio GTande West RR—

55% Jan

12

28% Jan

11

117% Dec 20

101

Jan

8

129

40% May 23
12

37% Mar

Jan

7

Aug

8
July 19

68

Nov 30

15% Dec

31

12% May 17

73
May 16
15% Feb 18

Feb

33% Dec

23

22

32% Jan

62 % July
8

18

10

66

Feb

1

7

3

ctfs for

"When

43% May 13

33% Jan

35

3

Escrow

May 13

issued"

common

Detroit

Hillsdale & S W RR Co—100

Detroit Steel Corp
Vilbiss Co

8

39% Dec

3

37

Jan

18

42% Feb

28

Devoe &

7

38% Oct

1

35% Apr

4

40% Jan

31

Diamond Alkali Co

4

Jan

Dec

116

13

111
33

Apr

13

May 18

114% Jan

11

34% May 11

Raynolds

4.40%

class A

cumulative

Diamond

Match

Sep~16

34% Jan 11

10% May 10
10% Jun 21

16% July 23

13% Jan 10

16% Mar 16

12% Jan

7

13% Jan

Diana

28% Mar 24

36

Nov

11

30% Apr

1

41 »/a

11% Jan

12

12

8% May 17

40

Jan

4

57

Jan

11

35%

9% Mar 18

61% Dec

7

52% Jan

11

75

4

68

Feb

a

Aug

37 Va Jan

28
3

May 26

11% Jan

10

64% Apr 26
79

Apr

29

$1.50 cumulative

preferred

31

20 % Mar 16

7
12% Aug 19

12'A Mar 10

23% Dec
13 % Sep

7

Jan

4

104% Jan

11

115% Jan

12

94 % Jan

6

9% May 26

24% Jan
14

Apr

12 % Mar

3

15
4

28% Jan

13

Jan

6

50% Jan

12

45

47% July

51% July

Cup Co common
conv

No par

60%

61

50

*73'A

77

preferred series A

Dow

Mines

Sep

Chemical

Dresser

13%

•13%

13%

1,300

16

16'A

16'A

16%

16'A

4,600

69

70

72%

72%

74%

41,400

55%

70%
56%

56%

57%

57

33,800

43%

44%

43%

13,700

55

55%

43%

43%

*106%

100

110

20%

21

20%

1

*12%

13

*12%

No par

9%

9% Jan

7

18% Jan

12

20%

21

*12%

13

9%

9"%

191

192%

190%

192%

119%

5

119%

119%

120

10

98%

98%

99

99

10

35%

35%

35%

9%

27

$3.75 preferred

50

48%

48%

48%

49V*

53% Apr

22

$4.15

50

*52'/a

52%

52

18

4%

52%,

51%

52 %

*119%

54% Mar

113
21
13
10

43%

*106'A

X43%

common

preferred

preferred

50

52

1

4.20%

preferred

50

*53%

54

53% Mar 30

4.10%

preferred

50

*52%

52%

Apr 25

54

Apr

14

Jan

•

16% Apr

11

27

Jan

•

35% Mar

35% Jan

0

50% May 27

Eastern

Airlines

Jan

8

30% Mar 28

Eastern

Corp—

Eastern

Stainless

$2.10 preferred
DWG Cigar Corp

21

21%

21

*12%

13

•12%

9%

10

9%

192%

183

194%

120

119%

119%
98

•98%.

%'

■v-

113

21%
9%

6,100

8,200

194%

195%

119%

119%

•'V; 93%

98%

700

11,100

98%
35%

98%
35%

35 Ya

35%

35%

35'A

h'

48%

48%

*48'A

48%

48%

49

51%

52'A

52'A

52%

52%

52%

52%,

52

52

53%;

54%

4

1,500

13

!'

52

63

192

35%

49% Apr

14

Deo 22

19

*108'A

110

55%

44

•106% 113

& Co—

50% Jan 14

52

*106%

1

No par

Jan 21

13%
16 Ya

56%

No par

f

13%

43%

■

1,600

35%

43

series

53% Oct

35

13%

54%

series

7

78

♦34%

34'A

16%

$3.50

Feb

*73'A

35

13%

Dunhill International

Duquesne Light Co

77

35

5

(E I)

♦73%
X34%

13%

Drewrys Limited USA Inc

Nem

77

35

68%

preferred

60

13%

16

50c

Duplan Corp

60

*73'A

77

67

common

convertible

Pont de

60%

16%

Co

Industries

3%%

60

*73%

69%

$4.50

10

4,800

36

53

51

7,500

13 %

16%

Preferred

a

15'A

13

66%

Preferred

Feb

15%

No par

new

12

51

15%
13 %

No par

12

48% Jan la

15

13%

No par

Ltd—

Apr

9

15

36

1

Pepper Co

Apr

4

357/a

14%

1,700

5%

101

54% Oct 25

35%

60%

Dixie

124

54% Deo

400

35%
15

9,500

17

63% Nov

35%

61

Jan

1

33%

35'A

*60

98% May 25

7

33

35 %

60%

118

37 Va Mar

33%

31,100

1

3

33%

'35%

11%

122% Oct

46% Jan la

111%

33%

111

40%

Common

33% Jan

33'A

337/8

11%

199% May 10

7

270

6,400

xlll

112

39%

Jan 18

Mar 12

111%

111%

11'/a

157

49

111%

x39%

397/a

41 Ya

•

35'A Sep

39%

11

Deo

101% Nov 24

39'A

40%

du

170

40%

40

11%

Douglas Aircraft Co

11% Oct 27

39

29%

13%

91% Feb

20% Dec 23

♦37%

407/a

62 % May 17

13

38%

10%

7

Apr

38»A

40

Dome

57% May 26
47% Apr 13

39

*37%

xl3

Dr

118

500

22%

11

3

6

200

19,600

22%

40

6

17

14%

38'A

22%

13%

18% Mar 31

Jan

*35%

14%

14%
22%

10%

15% Jan

43 % Mar 14

35%

14%

11,600

13'A
22%

13

37% May

98

35%

2

75

13%
22%

13

♦22%

39%

30% Mar 14

36% Jan

33%

*71

75

♦73

11

15% May 16

30

112

12%

13

13% May 26

29

33%

75

39%

20

Dec~23

112

39%

12%

io%

31

41% Dec

3p%

*37%

*73

13

12%

18% Sep
47%

38%

75

8,000

39%

15% Dec

104% Dec

33%

12%

22%

3,400

36

1

34'A Dec

4

*111

*74

13%

43

2

6

2

38%
38%

75

23

1,900

42%
35%

>'

35%

50c

4

19

42%

35%

25

Corp

9

75% Jan

42%

36

Distillers Corp-Seagrams Ltd

14% Jan

18% Jan

42%

35%

Divco Corp

26% Aug
10% Jan

33% Feb

42%

36

127%

13

Stores

Dobeckmun Co (The)

7

42%

13

1

Diamond T Motor Car Co

13% Aug 16

33% Jan

41%

*22%

100

new

127

126%

35%

2

preferred

com

126%

41%

10

common

127

35%

*73

1
_;____15

27% Jan

126%

125

40%

20

De

123

35%

__

Detroit Edison

20% Jan
101

new—100

800

340

52%

200

52

52 'A

2,000

*54

54'A

260

53%

53%

*53%

54%

*52%

52%

*52%

52%

♦52%

52%

*52%

52%

52%

*52%

52%

16%

16%

53

*52%

52%

*52%

52%

*52'A

14%

*14%

15%

15%

15'A

15%

16

31%

31%

31%

32 Va

49%

48%

27%

27%

31%
50%
27%

32

48%

50

*52%

5

147/8

10

31%

31%

1

48%

49%

10

27%

27%

27%

4,300

E

21% Apr 28
15% Jan
4

29% Deo

S

Deo

8

40

9 % Jan

4

24% Aug
9
25% Dec 31

46% Jan

4

72 % Dec

165

Mar

37% Feb
20% Jan

4

24

22

31

67

Sep

1

170

52 % Nov

24

45

172

21% Jan 18
Mar 14
Jan

11

Mar 14

4

27% Oct

13

85% Feb

3

95

Jun

11

93

Mar 17

22% Jan

19

39% Dec

10

36

Jan

Jan

4

Deo

1

13 % Feb

23

23% Dec

9

33

Nov

24

45% Mar

1% Jan

24% Mar 15

100

106

103% Jan

6

31

15% May 18

2

35% Mar 14

30% Feb
82

175

8

10

% May 27
Jan

14

Eastman

6%

31

54% Apr

Eagle-Picher Co

29% Apr

20

96
May 18
45% Apr 14
107

15

Kodak

4%%

23%

24%

23%

24%

24%

24%

24%

24%

24%

25

81

80%

81

80%

81

80%

81'A

80%

82%

44% Apr

15

5% Feb

10

Electric

&

34% Feb 23

Electric

Storage

Electric Auto-Lite

(The)

4% Dec

27

3% Jan

5

29% Dec

31

27% Feb

3

11% Mar

3

16% Dec

27

15% Jan

6

22% Feb

Elgin National Watch

23% Jan

12

48

Apr 26

29% Aug 12
52% Dec
8

49

Oct

25

54% Dec 30

35% Jan

11

14% Jan

4

20% Aug

9% Jun

8

15% Dec

22% Feb

17

26

Jan

4

92

Jan

6

22 % Jan

4

16% Jan

41% Jun

21% May 12
50

17

Jan 17

4

54 % Apr

24% Mar

El

Co

Amer

Paso

2nd

10

Natural
Electric

Emerson

Radio

27% Mar 24

Empire District Electric Co

28% Jan

8

33% Feb

Endicott

96

2

5

25% Jan 21

28% Jan

3

24% Apr

20

83 % Apr

18

4

22% Dec 29

20% Jan 18

4

79

76

29

21
I

Jan 11

69% Mar

32.

1

100

18

Jan

Feb

72 % May 26

Phonograph

Johnson Corp

..

44

107

16%
4iy8

*96
44%

2.00C

27%

26%

27

27

27

1,500

98

98

*96

44%.

44%

18'A

3,300
17,600

4"A
30
20%
24

4'A

55,800

20%

21

23 ya

23%

4%/

23%
*50
51 Vo
47'A

50%
51'A

4%
30

4%

30'A

-

Erie RR common

preferred series A

Pittsburgh RR Co

51%

22

14%

14'A

26%

*26%

30
98JA
26%
23 Ya
79%

29%
99
25%

26%
30
99
25%

22%

23'A

79'A

79'A

79%

79 y8

*70%

71%

72

72%

No par
100

50

22%
79%

*71

23
80%
72

23
79%
*71

72%

8,800

50%

*51%

22

25%

3,700

23%

*50

14%

8.50

4,800

20%,

51%

22

Equitable Gas Co

23'A

48%

10

30

50%

477/a

30

4%
29%
X20

107

*51 y4

22
14'A
26%
30
98'A
26

47'A

107

*50

47'A

99
26

10

5,900

41%

477/a

30

44%

17 Vz

21% -22%
14'A
15
26y8
26%
99

common

98

41

47%

10

44%

17%

107

51%

5

*96

41%

29%

50y8
51JA

50%

16%

20'/a

24

100

49%

40%

4%

50y8
51JA

6,700

50%

♦104%

20%

23%

171

50 JA

17%
41%

30%

*50

171

51%

17
40%

4%

24%

171

*170

1,500
10,800

*104%

30
20%

23%

171

4,000
20,100

44%
107

4%
20'A

25

5%

16%
40%

98

30%

_100

Erie &

*104%

27%

51
*26%

30
20%

preferred..

4%

43%

*170

3

Mfg Co

3

&

*96

51%

4

Gas

Emerson

*"27

171

50

preferred

2

16%
41%

51 %

50%
51%

50

21

107

*170

4%
15

common

44

16%
40%

5

preferred
conv

96

*105

10

Co

51
27%

43%

shares

Battery

25% Jan

Jan




11

Elliott

Ind

16% Feb

Dec

page

5%

6

70

see

5%

17

3

66

For footnotes

28

Jan

19

27% Dec 27
Deo

17

Feb

53

Mus

13% Jan 25

July 13

74% Feb

31% Feb

58% Feb

39% Jan

4
20

26% July 28
29% May 19
102

Jan

50

27

1

6

171

96

100

Stop Nut Co

4

25

50%

100

May

23

*170

2.50

common

preferred

Elastic

27%

80%

100

Co

50%

27 y4

5

preferred

Products

50 Va

27%

-

10

preferred

4%%

32

50%

27%

Corp

.

Ekco

32

50

common

Steel

Co

Eaton Manufacturing Co
2
Edison Bros Stores Inc common.._1

May 27

23% Feb

Inc

49

10
400

11,600

47%

49

22 Va

22%

22%

1,600

14%

14%

14%

14%

18,500

X26%

26%

26%

26%

900

30 VA

2,000

30%

30

100

*98
26

i

j

23%-

26 Va

24%

22%

30
*98

100

100

26%

26%

23%

24

20,900

79'A

80

1,000

73

110

*71

8,800

Volume

Number 5433

131

.

The Commercial and Financial Chronicle

.

.

NEW YORK STOCK EXCHANGE STOCK
RECORD
Range for Previous

STOCKS

Year 1954

Lowest

11% Jan

4

12% Feb

Range since Jan. 1

Highest
26% Dec

16

27

23% Jan

14% Dec 2»

2% Deo 31

26

6

13% Jan
43

1% Apr

NEW

H.5h«st

2

56

6

May 23

17% Apr 15
53% Mar 29

May 11
Marie

YORK

STOCK

2% Jan

19

Evans

May:/

Products Co

5

Eversharp Inc
Ex-Cello

Exchange

Corp_

541/,

153/..

15%

the Week

45

4va

2%

Shares

c,

1(-^2

jcy

46%

4

Friday
May 27

54

45%

2.50

Sales for

,

Par

56

1

new

Buflet

53%

3

_

Corp

Tues«ia?W ANDuSiGH ,SALE PRIEES

Monday

EXCHANGE

5^8

J53/!

\\{?

i«"/8

2%

2%

52 /«

\l%

53 /•

52%

523A

H

15 %

lo%

3.500

46%

47'%

3,000

*2%

2%

?2Vk

2%

8,100

F
20% not

l

9% Jan

11

13% May
15

27% Jim

24% Jan

6

S

29% Mar 31

Fairbanks Morse & Co

13% May 16

21% Feb

7

Fairchild Engine &

15

Fajardo

15% May 11
22% Mar 14

18% Apr
17% Mar

7

16% Dec

4

Apr 19

17% Jan

1

18% Aug 11
18% Jan 27
31

25% Dec

29

Mar 15

52% Jan

11

72

20% Jun

29

30% Dec

3% Apr
8
10% Oct 13
48% Oct 13

16% Apr
64% Apr

B

50

May 27

66% Apr
34% Dec

8

46

May 17

16

32% Jan

19% Dec

27

12 % May 12

43% Oct

6

14

23

19

Jan

Dec

16% Dec 21

6

70

16

25

25

Feb

4

73

Mar 16

26% Jan

7

Feb
Feb

18

Fansteel

6% Apr

27

Farwick

13% Jan

3

18

Jan

57

Jan

29

17% Jan

4

33 % May 12
4

68

Dec

4

10% Apr
32% Dec

40% Jan

52% Jan

8

8% Jan

641/4 May 25
13% Feb 23

30

20% Jan
76

4

Feb

15

14% Jan

12

29

28% Jan

Oct~ 13

24

108

17

62% Nov

7% Mar

10% Oct

4

42% Dec

7

104% Dec

3

16% Nov

5

28% Jan

7

21% Apr
38% Sep

28

Jan

18
3

108

Mar

9

59

9% Mar 14
6

102

Jan 18
18% Mar 11

35% Jan

6

25

35% May 23
43% Mar 15

53% Dec

22

£8% Jan

6

113

Nov

29
13

£4% Jan

5

4

100% Dec

Jan

11

38% Dec

4

9% Dec
12% Dec

4

76% Nov

5

24

15%

23%

15%

23%

15%

23%

24'/8

153/a

2(700

*70

75

23%

24

23%

23%

2,900

73%

71%

71%

200

29

28%

29%

7,300

6%

6%

5,600

10%

11'/a

8,000

50

50

10% Apr

18

46% Feb

17

106

May 23

26% Jan

12

49% May
6
3S2 May 12
71% May 24
36

5

8% Jan

7

4

34% Jan
23

Florida

Power

"When

Food

50

Mar 31

Foster-Wheeler

Apr

4

May 26
16% Mar 23
10

4%

6% Mar

7

Gabriel

1

Gair

31

9

Jan

25

43

Dec

14

41% Jan

38

Dec

17

31% May 11
35% Mar 14

3% Apr

12

May

7

25% Jan

22

20% Jan

4

303

Jan

18

38

Jan

13

9% Oct 25

21

18

35% May 18
% May 17

Feb

46% Apr

5

46% Feb

25

% May 10

105% Jan

3

57% Jan

28

147% Mar

33% Dec

9

29% Jan

7

36% Feb

4

18% Dec

10

15

8

22% May 27

Dec

21
3

23

3

19% Dec

1

17% May 17

21% Mar

7

15% Dec

1

14

6

17

7

9

80

May

48% Feb
37 %

123% Feb

7%

136% Feb

66% Jan

0

Mar

7

Feb

75% Mar

1

122% Jan
Feb

18

25% Mar 26
1C0
Jan 18

12% Jan

4

34% Aug 19

33

44

39% Jan

107

Dec

27

Aug 16

8

105

Mar 17

0

Apr 28

127

19
7

37 % May 19
48% Mar
4

106% Feb

5%

0

57

$5

Jan

28

100% Apr

Inc

29% Jan

4

47% Dec

31

75% Jan

4

96

72% Feb

16

Dec

82

30% Dec

5%

8

May 17
Jan

18

90% Nov

29

90% Jan

17

42% Dec

6

38% Jan

6

Dec

30

162

Nov

8

7% Feb
180

Jan

11
2

16

26% July 30

£2

Dec

28

4% Apr 21
2S % July
1
27% Jan
4

17% Jan 26

22% Feb

64% Dec

59% Jan

6

69

18

64% Dec

20
22

50% Jan

7

Dec

31

42

Dec

31

47% Dec

29

5% May 12
34% Apr 11
41% Mar 14

May

9

62% Apr 21

$4.50
Goebel

Gold

Corp

7
15

Granite

126% Jan

18

18

5%%

9

Mar 14

13

17

34% Jan

17

21% Jan

54

Jan

11

80

29

27

Jun

g

Dec

38% Dec 29

3

29% Apr

19

2

84

Feb

11

18

4

22

Dec

31

4

154

Oct

27

143

78% Aug 17
33% Feb
1

69

73

Apr

9

Jun

18
8

31% Dec

For footnotes




see

17

pace

21

Feb

74

17% Jan

28

11

37% Apr

35% Jan

121% Jan

20% Jan

10% Jan

5

20% Mar 22
Mar 16

Feb

23

26% Mar 15

32% Apr

7

32.

553/4

56

56%

2,100

30%

30%

134%

135%

30%

5,600

*133

135%

133

133

18

95

134%
18

*91

90

91

♦90

*133

93

130

135

100

18
14%

18%

18%

18

18%

18%

*14%

143%

*14%

18%

1,700

14%

*14%

14%

14%

14'A

200

59%

62%

59%

60T%

60%

613/4

60%

62

61%

50%

52

51

51%

63%

68,400

51%

51%

513/a

51%

51%

52

50.200

17%

17

17%

17%

17

17

1,300

85

84%

8474

7,900

98

98%

98%

84%
98%

*97

120%

120%

1

*135

100

84%

•17

843/4
•97

85%

84%

85%

98 %

*97%

97%

10%

103%

10%

10%

103/4

10%

103/4

103/4

69%

69%

70

70%

70%

70%

70%

705/a

121%
♦136

145

11

121%

121

1213/4

121

121

121

121

141

139 %

139'%

♦138

148

•138

148

90

100

95%

125%

125%

125

125%

125%

125%

*100%
30%

100%

100%

100%

100'/8

300%

101 %

par

125%
101'A
30%

125

No par

30%

*30 5/a

303/4

*305/«

303/4

303/4

31

1,000

1

50y2

51%

50%

51%

503/4

51%

50%

51

505/8

51%

4,500

Cement Co

Equipt Corp
1
preferred-No par

♦108

563/4
♦110

57%
118

56
*108

4%

4%

43/4

4%

4%

5

36%
v,
46%
*105'A

37

36%

36%

36 5/8

36%

36%

par

_^io

*15%
t.32 1.

56%

_lQo■y,

9 6 3/4

56%
118

97

97%

56.000

125%

125%

1,300

*100%

101%

56
*112

5

36%

56%
114

4%
363/4

'

36%

5,500

1,700

47%

46%

46 %

453/4

.45%

463A

463A

463/4

46%

♦105%

106%

*105'A

106'%

•105%

106%

*105%

106 %

15%

155/a

155/«/

153/4

15%

♦15s/8

15%

800

31%

32%

■•,31:%

32%

32%

32%

32%

32'A

2,600

563%

56%

*,56%

57%

56%

57%

57

57 %

900

52'%

52%

15%

15%
32%
56%
52%

par

54

54%

56%

553/4

56 3

4

28,400

*34%

35%

.•35%

36%

363/8

37%

363/4

37%

5,600

36%

35%

353/4

*35'%

36%

35

353/4

35%

36

2,100

*100

_100

Rubber

^2%

35 %

36%

52

^10

•100

97

*84%

86

com

preferred

*108

100

57%

103

*100

56

103

*95%

57

57

103

•100

57%

57

103

57%

*100
56

103

5/a

57'%

*95%

97

*95%

97

*95%

97

♦95

86%

*84%

86%

*84%

86 %

*84%

108%

86%

108%

109

108%

109

108%

108%

108%

380

1

Co

31%

32%

31%

31%

31'A

315/a

31%

31%

31%

313A

12,800

66

66%

66%

66%

66'A

67%

67

69 %

69'A

70

13,800

25'A

26%

25%

25%

255/8

25%

2534

25%

25%

19,300

96

96
40%

♦96

8%

8

_-5

common

No par

(The)

40%

10

Co

1

Telegraph

8

100

Co

(B F)
Rubber

Hosiery

*160

40%
•160

162

97%

*96

973/4

40 Vb

X40

40%

393A

8%

8

8%

7%

162

♦160

162

•96

*160

97%
40%
8

162

25%'
*96

39%
7%
*160

97%
40

7%

Co

162

Gt

7%

Greenfield

62 Vb

61%
6 %

62%

14,800

38

1

47%

47%

47%

48%

X47 %

48%

473/4

48%

48%

48%

17,400

2%

2%

2%

2%

2%

2%

2%

2%

2%

2%

16,300

Co

12.50
100
5

common

"
Stores

Ore

•

6%
•37

Sugar com

17%

6'%
38

-

18%

18%

56%

56%

563/4

57'A

57%

58

58%

59

28%

28%

28

28%

27%

2 8 3/8

27

27%

150 %

150%

♦147

42 %

42%

150—150
42'%
*97

42%
98%

-

♦97

17'%

98%

17'/a

42 Ya
*97

18%

153

42%
98%

*146

42s/8
•97

9%

10

10'/a

10%

10%

34%

34%

34'%

34 %

34'%

34%

35

28

27%

28

Prop

Co

*37

56%

1

com

C%
38

29

___No par

Paper Co

Ry

100

16%

17%

6%
38

56%

5

preferred
Iron

16

6

37%

28

5

preferred
(H

60%

37%

common

preferred

Green Bay
Green

59%

6%
38%

preferred

Northern

58%

6%
37%

P

cum

Great Northern

6 VB

400

9,900

4

:

(The)

Steel

conv

6

4,900

No par

City

Grayson-Robinson
$2.25

*20%

20%

100

6,400

No par

Motors

T)

6,900

97

*84%
•108

1

Plywood
Co

preferred

(W

3%%

4,600
10,300

*34%

Corp

Granby Consol M S &

Grant

1,000

200

5

106'%

100

Stock

57
118

96%

5

__AAl

-

563%

57%

112

96

4%

„100

Utilties.

&

56'A

111

*30

95%

10c

______

100

conv

Union

8,000

97%

Advertising_No

96%

300

8,600

70%

96%

_5

common

preferred

Western

1

54
30

preferred

Great

18

53%
30'%

56%

Graham-Paige
Grand

250

52

2.50

9

Feb

26,100

29%

17%

100

&

24% Feb

May 26

22'%

52%

84'A
97%
10%
69

,

Northern

34% Jan

22%

29%

_No par

preferred

Great

75

4,500

213/a

28%

•16%

Corp common.No

7

153

34%

*50%

133

Issued"

42% Mar

30% Mar 14

34%
22

58%

61% Apr

10% Dec

147%

343/4

58%

29 y2 Apr

3,800

147%

34%

*14Vb

No par

Corp

Telephone

Tire

95

•146

No par

Realty

Time

21%

100

4,100

95

17

preferred

34%

20%

107

52'%
28%

16%

Corp

147%

34

*106Va

100

*50%

(Delaware )_1

common

147

34

20%

333A

107

59%

0

6,800

*91

5

com

147

147

20%

107

27

58%

0

14,600

36,400

5

22% Jan

200

*91

*28

,__No par

Goodyear Tire &

50% Jan

36% Dec

36

20 %

27

21% Dec

1,300

68

31

4

2,100

39 Va

67%

31

4

343/8

39%

20%

Dec

2

34

40

673/4

Dec

Jan

34%

40

20%

26

17

343/8

66 %

138

14

36%

*20%

5

May 20

5,200

66%

29

Apr

9%
45'%

20%

28

98

9%
45%

20%

£6% Jan

43

9%

65 3/8

21% Apr
14% Jun

6

34%
40

.' ■

1,200

453A

20%

5

Mar 21

10%
146% 147
33'%
34 %
20 Vb
20 V4
10%

50

Co

5

Jan

*36

50

100

49y2Jan

93

93/4
*45

V'a

7%

No par

Gould-National Batteries Inc
Grace (W. R) & Co

35

455/8

33-%

66

3

4

1,660

9%

9%
♦45

333%

65

Jan

Mar

9%
45»A

66

12% Jan

40% Aug 18

9%
*45

5%
29%
105 %

65%

24

100

45%

5%
283/a
1043/4

*20%

29

8

45%

6

29%

1045/a

10

2% Nov

19

9%

5%

283A
104'A

10

13% Sep
50% Dec

7% Mar
29
Jan

6
29%
105

Goodall-Sanford Inc

12

Apr
£4% Jan

9%

100

Gotham

Apr

♦5%
28'A
104 %

148%

3

156

6

28%
1043A

Goodrich Co

Jan

33

5%
27%

104%

5

3
3

17,900

6

28'/4

105%

63%
10%

7% Jan

3% Mar

580

6

1.66%

42 y4 Jan

18% May 26

89%

10%

Brewing

&

4

2

89%

62%

Georgia-Pacific

1% Jan
7

90%

10%

Brothers

Feb

90%

63%

GUdden Co

Jan

90

103%

Gimbel

9

89 %

16,000

62a/4

44% Mar
168

89%

44%

*106%

26% May 23
96% Mar 30

8

44

10%

(The)

7

44%

63'A

Gillette

2

435/8

106'A

Shpe Corp

4%%

63

435/8

10%

Precision

4%%

3%%

20

42%

623/8

Outdoor

General

86% Mar 28

3

43%

106%

"When

109% May 19
33% Apr 22
73% Feb 17

7,900

42%
89%

10%

Motors

General

7

31

8

6

1,000

5,600

623%

preferred

108% May 20
24% Mar 14

Dec

21

Jan

14%

42%

1

General Public Utiliteis Corp.
General Railway Signal comcNo

13

84% Oct 27

76% Dec

Jan

98

82%

14%

10%

convertible

4%%
59% Apr

13

81%

14%

62%

Instrument

General

li

12%

83

14%

•106'%

$2.90 convertible

General

Mar 14

12%

81%

14%

63

Foods

General

39% Jan

93

123/4

81%

28

com

preferred

May
2
37% May 27

45% Jan

8

12%
79%
*14%

105

com

nreferred

General Public Service

12

£9

100

90

50

Preferred $3.75 series

35

3

4,900

10%

421%

5

preferred

35% May 25
18

39%

10%

107

General

Jan

20

39%

10%

♦10

90

No par

General Refractories

34% Jan

99

39

10%
12%

62•%

17% Mar 24

l3

250

*106 %

33% Mar

37% May 21

*98%

5,400

__100

6

43% Dec

99%

385%

20

51

110

1,500

0

7

*98%

50%
*108

5,700

14% Jan

22% Oct 22

15

39%

51

110

27%

26% Jan

25% Jan

123%

79%

15

99%

38%
♦10

50%
*108

100%

27%

49% Jan 26

2

12%

78%

14%

50
109

*98%

1

common

preferred

3%%

7

28

12%

79%

93A

♦108

100

Corp

53% Dec

59% Feb

10%

141/,,

1

common

Investors

41

13

393%

♦10

12%

1

1

20% Apr 28
12

38%

10%

95%

78

10

common

49%
109

98%

*100

■

15% Sep
9
30% Dec 31

Jan

*10

108

100%

27

Electric

General

Mar 28

5% Mar

40 %

10

108

4

37

General

3

71% Apr

3

38%

49%

36%

General Portland

13

50 >/4

9,000

*36

16

Jan

7,500

•100

x36%

57% Feb

4% Jan

58%

56%
100

37

43 % Mar 14

44% Jan

57%

55
100

36 %

General

100

58

57%
100 %

249,900

36%

11

9

4,800

56%

55%
♦100

32

27

14

17

36

A

36'%

33% Feb

Nov

71%

353A

all

26 3A

101% Apr

4% Dec

71

36

35'%

8

100

71%

355/8

36%

7

4

71

35%

37

99% Mar

4

71

355/8

263%

29% Jan

3% Jan

70%

35%

36%

29

Jan

71%

35%

37

28

127

a?a

70%

26%

29

24

A

70%
35%

12,700

3

37

102% Sep
33% Dec

122% Feb

44%

33

27

General Mills

21

3

43%

99%

1

Finance Corp

$3.50

11

147

107% Jan

43%

332

37
26%

10

3

10

1,000

43%

r%

31

89% Mar 14

107%

A

*98%

Corp common
2
preferred
10
General Dynamics Corp com new_3

23

120

393A
♦105

43%

108

Contract

13

78% Nov 22
124% Mar 3

23

n

100

"

2nd preferred
Cigar Co Inc com

General

10

44%

49%

series

15

Feb

22%

x69%

10

preferred

6%

85% May 19

57% Jan

44%

_No par

Industries

126% Oct

28% Jan

43%

23%

220

Amer Transportation__2.50
Baking Co common
5

General

99% Apr

24

44%

conv

1

Jan

10

52% Nov

23

No par

6

4

23

(The)

98% Dec

Jan

23

Corp
preferred

Inc

146% Dec

25

107%

23

No par

75

11

39%

♦104'A

22%

$8 preferred
General Bronze Corp

80% July 22

Jan

39%

107 %

223/4

106

23%
44

100

58% Jan
£5

40'/a

•105%

Corp

118% Jan
22% Jan

39%

107 %

General Cable Corp com
4% 1st preferred

4

26

403%

♦105%

106

10

1

General

Jan

x39%

100

Container

General

60% Jan

40%

57%

American

General

16

94% Feb

7,400

40%

5

9 5/a

*35%

22

8

40

9%

*35'%

55% Feb

Mar

2,400

x9%

37

17% Apr

12% Dec 28

10

58%

9%

734

8

101

2.400

95/a

57%

*9%

37%

0

8

58

57%

9%

75/8

13% Jan

25

573/4

56%

9%

363A

46% Jan

Jan

58%

1043%

73A

J~un_23

48 %

x58

61

36%

14% NOV 24

8% Oct
119

Mar29

6,900

104%

63

75%

s

May 17

9% Jan
£6% Feb
£4

Mar

8,500

105%

7%

4%

8

Jan

38%
62

375/8

62

105

35 %

General

15% Nov

373/4

62

75/8

30% May 27
136
Mar 11

11

37%

4,000

106

7%

56% May 27

8

62

105%
'

7%

18

Jan

62

105

1,500
2,100

8

24% Mar 15
131

60%
105

6,100

10'/8

56'%

100%

convertible

91

May 26

61

105%

6,200

,

36 '/a
109'%

36

109

38

56'/2

(The)

Rights
Gar Wood

45% Jan

29

29

Jan

11% Jan

60V4
»105

363/4

109%

353/4

83% Mar 18

31

Dec

6.25

*93/4

36%
1073/4

40

General

4

Dec

37%

$4.50 preferred

64y4 Mar

10% Jan

49

38%

/10

10

36%

108'A

35%

107% Mar

28% Jan

29

37%

10 %

36

40

General

131

39'/«

33

10%

35'%

Gaylord

3

4

♦107%

10%

39%

May

26% Mar 15

4

9

108%

35%

28% Mar

32

10

Jan

15

36%

107%

40

40

17

31

Jan

Jan

9%

X36%

34%

4'^%

10

30% Mar

9%
37 y4

109%

33%

Mar 14

37% Nov

1

9%

1,500
2,900

35%

Mar

9% Mar

139

17% May

65%

40

45

4

122

64%

2

5

27

34

63%

Xl25/8

5

6

Dec

33%

63%

*100

Inc

Corp

5% Jan

89

34

64'A

Garrett

30% Jan

6

2

13'A

34

62%

100

Gardner-Denver Co

2

Jan

Feb

34%

623%

34

11

33%

27

148% Feb

71

13'/a

34

62%

103/4

35 i/4

5%
convertible preferred
Gamewell Co (The)

11

Dec

11

13 %

34%

62%

57

7

48% Mar
39

Dec

65% Nov 24

12%

34%

62

No par

Gamble-Skogmo

3

135% Aug

12%

343/i

34%

12%
34%

34%

;

3

33

107% Aug 27

34%

12%

l

(Robert)
$4.50 preferred

105 % May 27

10% Jan

Co

Co

~6%

Dec

12%

5

preferred

31% Mar

41% Aug 23

12%

11

_5

Francisco

4

13% Mar

5% May 18

40% Dec

46%

pfd ser of '51_—15

cum

12 %

26% Mar 14

4

*45%

34%

5

Food Machinery & Chem

1

7

*33%

common

91 y2 Jan

6

22% Jan
24% Jan

34%

36%

com

]

Stores Inc

$4.20 div

31

Dec

34%

10%

107%

3T*Light Co

issued"

Fair

88% Mar 30

0

13

Jan

25

10

34%

100

Freuhauf Trailer Co

Jan

104 % May 24

6% Jan

x34%

46%

11

No par

G
7% Aug

51%

*45%

7%

83

14

31% Dec

*49

46%

No par

44% May 26

68

-

51%

♦45'%

common.

Jan 18
34% Mar 14

12

4

*49

46%

10%

Y___10

N

Sugar Co
Franklin Stores Corp
Freeport Sulphur Co
Froedtert Corp

11% Mar 14

19

18

51%

*45

5

Co

convertible

29
29

Jan

*49

46%

%

preferred

15% Nov

4% Nov

53

1

„

Ins

6%

*49

1

3%%

32% Jan 17

63/8

*70

5,000
46,500

32

6

99% Jan

28%

6-%

♦451%

Rights

3%%

28

12

287 a

6%

50

1

7

Feb

715/s

28'A

6%

50

Corp

7

Jan

71%

28%

6%

11

Florence Stove Co
Power

73%

28%

6%

n

Co__

Co

*70

29

6%

1

series

& Rubber

(The) Carpet
Flintkote Co (The)
$4 preferred
Florida

28%

2

5

Firth

May 26

58% May

97% Jan

102

38% Dec

19

5

4 y2 %
preferred
First National Stores

13

7

Doe

3

10

53% Apr
112% Apr

4

•2

24

50

1

101

Jan

4

9

Mar
Jan

Corp
Firestone Tire

13

23% Jan
69% Jan

153/8

1,000

1

15 %

16%

1

25

10

11

25%
16%

15%

Fire

Jan

99

21

Mar 22

10

45% Jan

15%

16

15%

1953

46% Jan

9

6% Jan

19

64% May

May

A May 17

12

24%

15%

16

15%

Tarrant Mfg

Ferro Corp
Fidelity Phoenix

38% Jan

23

25

15

16%

151/4

Filtrol

55% Jan

37% Jan

&

15

22

48% Sep
101% Nov

24%

15'A

1

16%

Federal Paper Board Co Inc
Federated Dept Stores common

Felt

24

67% Nov

7

25

14%

16%
15%

Electric

Jan

4

9

Pacific

Apr

38% Jan

Aug

Federal

40

23

93% Jan

pfd

119

53

22

58% Jan

cum

conv

5

21

25% Jan

26

conv

5%%

18

105

23

8

38% Apr

243A

15

16%

Federal-Mogul Corp

Jan

103

10

54

104% Sep
49% Feb

6

24

25

14%

Corp common
pfd ser A___

35% Jan

110% Dec 29
41% Dec

25

9% May 13

5%

3

Apr

24%

15%
16 Va

Metallurgical Corp
Corp

Fedders-Quigan

4

50
45

25%

14%

16'%

Finance Corp common
preferred series B

5%

25

20

Family

5% Mar 14

8

No par

Airplane Corp_l

Co

Brewing Corp

10% May 16

Aug 16

38% Jan

Falstaff

15

34

Sugar

10

9%

152

423'a

98%
10%
35

*423/4
97

10%
*35

145

43%
97

1,200

28,300
4,800
20,600
200

2,200
10

10%

10,500

35%

720

28

3,200

28%

28

28%

25

*77'%

79

79

79

78'%

78%

78%

79

79

__No par

39%
22'%

40

39%

40

39%

40'A

40

40%

40%

403/4

17,300

22%

22%

22%

22%

223/4

223/s

22%

22%

22'%

5,300

150%

152%

152%

No par

No par

28

x78%

152

152

74

*72

28

*142

18%

2,100

153

27%

152

153

500

240

10Q

*150

100

*72

—1

32

32%

32 %

32%

32

32%

32

32%

32

32%

8,100

Tap & Die Corp__No par

28

28%

27%

28

28

28

28%

28%

28%

28%

900

& Western RR
L)

Co

Inc—

74

*72

74

152
*72

74

*72%

74

The Commercial and Financial Chronicle

..

Monday, May 30, 1955

.

(2482)

NEW YORK

STOCK EXCHANGE STOCK
STOCKS

Range for Previous
Lowest

Highest

Lowest

NEW

Range since Jan. 1

Year 1954

11% May 21

14 V« Mar

87

13% Jan

4

98% Apr
45% Feb

Mar 30

94

20

Sep

16% Mar

6

90% Jan

7

22% Jan

11

30% Aug 11

4% Jan

4

5% Dec 22

5% Jan

6

26% Mar 29

39% Dec 29

35% Jan

6

68% Jan

4

91

Jan

6

45% Jan

4

67% Dec 29

32% May 17

9

Dec

90

2

4%%

27
2

Monday
Par

preferred

Grumman

$5

15'A

157a

98

98%

35%

34'A

35%

34%

357»

35'A

6%

6%

G%

6%

*6%

674

b\

6%

6%

41%

43

42

42%

*94%

95%

95

95

25

68%

68%

68 Va

68%

Utilities

41%

9574
69-

68%

:

42

4274

96

9474

9474

70

69%

70

11,400

34

4,400

31

Jan

103

Feb

1

104

Apr

15

$4.20

dividend

*102%

104

104

*102|4

104

*10274

4

109

Apr

4

$4.40

dividend

preferred
preferred

100

105% Feb

100

*108

109

-108

109

*108

109

10874

106% Feb

3

$4.44

dividend

preferred

100

•i'Ob

107'%

'106'/a

107'/a

*106

107'A

43

44%

•43%

Jan

15

25

105% Mar 22

43

7,100
300

Co—

34% July 30

105

2,300

7

6J %

106% July 28
110
Oct
4
106% Mar 26

6

13,200

36'/a

96

42'A

42-'a

*94 ',2

340

99

9874

X34%

-No par

com.

18,200

1574

*98

*98

35%

29

36% May

15%

98%

100% May 26
103
May 5

26% Jan

1574
99

*98

Shares

May 27

35%

*98

——No par

Corp

Gulf States

May 25
1578

the Week

Friday

May 26

15%

157a

Sales for

PRICES
Thursday

i__l

preferred
Oil

Wednesday

May 24

15%

SALE

HIGH

AND

1

Sugar

Goilf Mobile & Ohio RE

Gulf

Tuesday

May «
15%

—100

Aircraft Corp..____

Guantanamo

96% May
5
72% Mar 28

18

STOCK

Greyhound Corp (The) common.—3

8% Apr
4
44% Feb 23

61% Mar 14

YORK

EXCHANGE

Highest

RECORD
LOW

Common

No par

33

33%

33

33%

10274

33%

3374

32 7

3

3374

3374

104

10J

109

107%

*106

-103

10874

'106

104

40

106%

If
Jan

27

46% Aug 17

11

46% Apr

21

Hackensack

Water

29% Feb

2

62% Nov 24

51% Mar 14

62% Apr

27

Halliburton

Oil

17% Jan

13

20% Apr

19% Jan

6

24

12% Mar

2

21

30

Jan

Hall

May 27

Dec 29

20

Jan

3

25% Fab

4

63% Jan

5

86% Dec 31

86

Jan

5

100% Feb

4

12% Jan

4

25% Nov 24

21% Jan

6

102% May 11
24% Jan
4

106% Oct

131

142

Jan

15

21% Oct

28

22% Apr

23

5% Jan
32

19

25

104% May 10

40% Dec 22
Nov

Jan

38

6

May
31% Jan

34% Apr 21

5% Mar 25

6

40

Nov

18

35

17

Dec

23

15% Jan

6

8% Dec 31
23% Dec 31

7% Jan

6

18% Jan

4

30

Mar

4

31% Apr 19
94% Jan 22
21% Jan
35

26

Feb

5

13% Mar 12
68

28% Dec
89

May 25

22

31

Jan

6

26% Mar 14

May 21

84% Jan

24

41% Nov 17
101% Oct 11

39 % Jan

3

98% Mar 29

23% Nov 11
37% Nov 18

142

6%

9

3

8% Jan

Hat Corp of America

,

4 % %

18% Mar 25

May

104 Va Feb

6

38

20% Oct 14

18

Mar 14

Helrne

Apr 28

22% Mar

7%

2

Jan

6

101

27

121% Feb

96

Jan

17

2

123

Jan

26

126

Mar 14

46

38% Jun
52

18

May 26

14% Jan

Dec

50

Dec 23
54% Feb 16

40

51% Jan

13

Jan

5%

4

26

37% Dec

26% Jan

11

14% Jan

11

34% July 26
18% Apr 21

15% May 12

36% May 18
18 % Jan"
3

71

68

Jan

4

78

Apr

81% Jan

5

92

18% Mar
9

35

3

Jan

3

31% Mar 18
5

74% May

Sep 29

89% Jan

3

93

1

43% Nov 12

34% Jan

6

11% Aug 25

12% Jab

10

18% Aug
5
8% Dec 30
27% Dec
6

14% Apr

11

16% Jan

3

5% May 12
7

25% Jan

30% Dec 21

10% Jan
5

Jan

14

4

Jan

19

25% Jan

29% Feb

33% Jan

52

56% Jan

85

Dec

95% Jan

.

12

74% Mar 14
28% Jan
101

16% Apr 26
35% Aug 25

Jan

7

29% Dec

9

84% Jan

6

94 % Jan

4

101

39 % May 12

Feb

17

28% Jan

11

31

39

12

106

Apr

38% Oct 27

,

15% Mar
38

Mar 14

28

91% Jan

Nov 24

105% Nov 16
41% Dec 31
112% Dec 23

4

100

28

102% Mar

30% Jan
98

Mar 10

8

40% Jan 27

8

98

Feb

7

19% Dec

31

18

Jan

6

20% Dec

10

15% Mar 14

22

4% Jan

5

4% Nov 22

38% Jan
13% Jan

4

14

2% Nov 10
18% Dec

10% July 27

53 % Jan

25% Nov

8

3% Feb

11

7%

77a

7%

3,200

22%

2274

4,400

30 Ve

30%

4,300

9Va Feb

22%

23 V8

29%

287k

29

87 Va

89

87'A

87 Va

*87 Va

49

49

48 Va

4874

48%

*99'/a

"

2274

22%

23

297 a

29%

23

29%

30 Va

10

89

*87%

49 'A

89

*87'A

48:U

49

48%

4874

*99 'A

89

101

2,600

80

100%

100%

24 'A

24%

*24%

24%

24%

2474

800

37%

*37 %

38%

*37%

38 'A

*37'A

38'A

40

*99'A

*18%

_No par

117
*124%
*5174

50

117%
44 %

*44 %

53

*51%

*52

53

124%

*124

18%

187a

.

1874

600

122'A

2,400

1874
122

121

119

122

126

119%

117%
124%
44'A

126

101

19

19

18%

19

118%
45

45

par

101

123%

123%

*12374

45

44'/a

44'A

44%

44%

53

53

53

53

53

50

125

1,000
200

6,700

44

42%

43

42%

44

44%

46

35%

35'A

35'A

357k

3574

3574

1,300

16%

16%

167a

167a

16%

16'/a

16%

15,300

74

74

*73'A

75

*73 Va

75

*73 %

75

*73 %

93

93

*92%

93

*92

93

91 Va

92

91%

91%

40

45%

45 Va

45%

46'A

46 Vb

4674

3,000

Hotels

;

(A)

117a

1174

11%

1174

*1174

1171

600

2 7'/a

277a

27

27'A

27%

27 Va

-.27%

277 a

5,700

15%

15 Va

15%

15%

15%

15%

157 k

15%

1574

5,700
1,900

5

574

*20%

5%

6 'A

6%

6'A

21 Va

21 Vb

21 %

21%

217a

21%

30%

21

*30

6 %

21

574

21 Vb

30'/a

30

__30

*11%

30'A

30 %

30'A

30%

*30'A

30%

600

42 %

X4074

41

40%

4074

5,500

78%

*78'A

79 %

79

7974

1,100

5%

6

6

12.50

4074

42

40%

41%

41%

__No par

77%

77 Va

77'A

77'A

78%

__5

35'A

No par

Co

*103%
13%

common

3

common

100

100
Power—No par
(Del)

14'/a

28%
29%
*97
98
102'/a 103
*103% 104
42'/a
42%

100

preferred
Lighting &

36%

105
37

37

50

common—No par

113

113

25

:__1

Manhattan

*19%

19%

__1

Corp

Co

noncumulative

5%

*11 Va

15 Vb

10

preferred

preferred
preferred

&

11'/a

28'A

5

common

Electrochem

Stores

11%
27%

45

5

Mining

Sound

45%

*4474

50c

:

& Sons

convertible

45

260

75

1

Corp

(Charles E)

Hudson Bay
Hunt Foods

20%
2%

10

21%
2%
10

59%

5°%

100

preferred-. 100

Min & Sm Ltd—No par

35 Va

*103%
14%
36%
28%

*97
*103%
103%
42Va
112%
19%
20%
2/a

*10
59%

-

18

31V* May 10
66% Apr 26

1,100

35 'A

35%

3574

35%

36 %

103'A

103%

101%

102%

xlOl'A

101 'A

110

14%

14'%

14%

1474

14%

14%

14%

11,200

37%

37 %

38

38

377-b

3774

900

36%
105

29%
98 >"
104

103%
42%
112%

29%

29 Va

*37

29%

36

29%

29%

*96%

7,300

30

6,200

98

50

98

98

97

98

*103

104

*103

104

*103

104

*103

104

*103

104

*103

104

42%

42%
119

113

42%
119

30
10

43 %

43'/a

43%

3,600

121%

119%

12074

8,700

19'%

*19%

23

19%

20

*19%

1974

1,400

21%

x20%

21 Va

2074

20%

20%

2074

15,400

2%

*2%

2%

*2 7 a

2%

274

274

2,500

10 V*

*10'/a

10%

*10

500

10'%

10%

10

60

60

61

61%

6174

62

62%

5,200

28%

28 %

28

28%

2774

2774

1,900

6.66%

26%

27%

27%

23%

1

7
22%

7%
22%

7 /a
22%

7%

67a

7%

6%

5

22%

22'/a

22%

*22 %

10

29%

29%

29%

29%

2974

29%

No par

62%

62%
51%
*50
*52'/2
*53%
;*53%
f52%

63%
51%
50%
53%
54%
54
53

63 %

64 %

65

64'%

51 %

51%

51 %

5174

51%

50%
*52%
*53%
*53Va
*52Va

63%
52
50%
53%
54 Va
54
53

*50

50%

50

50

*49'A

50

*52%

53%

53 %

*5.2%

53%

5

14

14%

14Va

14%

Indianapolis Power & Light—No par

17

24% Apr

77a
23'A

36

IHudson

'28% May 24

Jan

7%
23 Va
29
*

24%

Houston Oil Co of Texas

27

19% Jan

3

77a

16 'A

Howe

10

29% May 17

15

77k

43%

Howard

,62% May 27

22% Jan

3

21% Oct

3% Feb
12 V3 Aor

7% Jan

55% Dec 21

27

7%

35%

4.40%

23% Apr 21

2% Jan

7%

17%

Houston

121% May 26
21 % Feb 28

4

Nov

1,100

7%

4474

4%

14

6

1

1674

10074

3%%

23

15% Jan
11% Jan

150

35%

167k

37%

Inc

Household Finance

64% Jan

6%
35

*35

10074

$2.25 convertible preferred

V

5
6

Feb

47

1,400

6%

16'4

100

Houdaille-Hershey

105% Feb

6%

67 k

36

35%

35

*24 Vb

$4.25 preferred

26

104% Jan

600

36%

Hooker

1

May

32%

3774

Honolulu Oil Corp
r

Mar 10

30

32'A

16'A

Homestake
,

Apr 28

3478 Jan

28%

32%

36%

5%

19

6%

287k

44

Hollander

Jan:

13% May 13

99% Nov 18
105

Jan

10

7,200

2 8'/a

24 %

common

Holly Sugar Corp

87% Feb

33

6'A

140

*32'/a

2874

33

20

1,400

43%

42 Va
*136

24 %

(The)

Hires Co

32% Mar
48

5

Dec 31
31% Dec 3i
103
Mar 31

12% Nov 23
33

Oct

9

6%

*136

138

4274
140

*37%

Hoffman Electronics Corp
Holland Furnace Co

8% Mar

19*% Feb

327k

*42'A

5

Co

Hilton

5

31% Jan

28

*105

105

105

421/2

lb %

Heyden

May 23

12

10% Mar 14

138

.

1

Hertz

3

Jan

'

■

106

10

preferred

Hewitt-Robins

47% Apr 27

May 13

6%

2,800

Chemical Corp common
1
3%% preferred series A
—100
$4% cum 2nd pfd (conv)__No par

May 27

Jan

8

25

27

46

32'/«

110

3074

16%

100

Hershey Chocolate common_.No
4%% preferred series A__

54% Mar 18

67 k

'91%

3074

*16%

No par

Powder

327k

42'A

29

2274

*91

30%

preferred--.25

common

noncumulative

Hercules

May 19

28%

29

%

142

*138

142

42

*22

91

30%

106

*104

106

4 2'A

22%

91

167 k

_.25

common

Hercules Motors

122% May 27

126% Oct 26

42'A

2274

31%

*31

16

100

preferred

(G W)

*104

106

400

22%
90

*22

90

31'/»

16 'A

„15

preferred—

3.65%

24% May 27

3

90

31

16

5

Hecht Co common

7

22% Jan

22'A

X90

31%

36

Hazel-Atlas Glass Co

36% Jan

*21%

92

36

2

Corp_

(H J) Co

22%

36

Mfg

Heinz

5,000

67k

Hayes

49% May 25

5,000

24

327k

1

3%%

6074

23 Va

a

36

Industries Inc

2

60%

23 'A

28'A

l

Hayes

30% Mar 24

61

23

44%

50

preferred

7

24% Mar

60%

23

138

10

1

8% Mar

bJ

427k

2.50
common

•'-»

22 'A

104

.100
;

59

22%

31

15

preferred

59%

22'A

227a

No par

common

Hart Schaffner & Marx

20

89

Co $4.25 pfd.

58%

22 Vb

*90 Va

2.50

Harrlsburg Steel Corp

14

Jan

39

(M A)

100

45

'4374

45

44 %

CO

217 k

100

Co_.

-43%

44 %

59

*43%

5

__5

preferred

Paper

Harbison-Walk Refrac

26% Mar 14
Mar 11

convertible

8

30

17

21% Jun

4%

Hammermill

1

44% Mar

33% Nov 29
32% Dec 28
8% Nov 30

Jan

85

107% Feb

25

Cementing

Printing Co—

Hanna

135

Mar 14

F)

Hamilton Watch Co com.—No par

May 10

23

11% Feb

4% July 12

33

(W

Well

*25

2514

Inc

Hupp Corp
Hussman Refrigerator Co

674

67 a

14,900

22 %

22%

22%

1,500

30

2974

2974

2,800

647

a

b,600

51%

3,000

7

I

43% Jun
40

Jan

9

12

48% May 21
50

May 25

52% Jun
61% Jan

15

61% Dec

27

4

8% Jan 11
22% Oct 20
2% Jun 30
39

Jan

21

47% Nov

4

159

July 29

63% Dec

29

3

4.70%

cumulative preferred

13

55

Mar 11

4.42%

cumulative

preferred

Jan

17

53

Feb

4.20%

cumulative

preferred—50

15% Nov 23

13% Apr

12

14% Mar

25

24 % Mar 15

Oct

5

Dec

Dec

30

7% Nov 23
52

Nov

57% Dec
170

Jan

5% Jan

17

6

50% Jan

20

162

76% Dec 31
39% Dec 29
22% Dec 28

Jan

4

66% Mar 14
35 % Jan

6

21% Jan 26

Nov 23
Oct 25

37% Jan

7

96% Jan

19

21% Dec 29

19% Jan

18

375

Nov

16

349

Dec

Jan

6

35% Jan

38% Dec 30
38

31

167% Mar

4

Jan

26% Apr 11
7% Apr
5
58% May 23
Feb

76% Jan

101% Jan
4% May 27

47% Feb
103
25 V*
450

4%%

Oct

57% Jan

6

1

135% Mar 31
12% May 16

79% Dec
79

Nov

Jan

12

Mar 14

9% Mar 13

16

44% Nov

103

17

38

82

4

69

Mar 14

73

Jan

6

42% Jan

6

Jan

105% May
108

Jan

Dec

1

60

Jan

5

21

35

Jan

28

6

23% Jan

6

29% Apr
31
May

38% Dec

2

34

38% Dec

6

25

34% Dec

22

32% Jan

6

39% Feb

Aug 17
Dec 2g

123/4 Jan

3

Jan

14
39

14

May 12

112

Aug 13

4% Feb

19

29% Aug
5
23% Dec
7
123
Nov 19

8% Dec

9
3
3

28% Mar

28

6% Mar 14

6

30 V* Nov 23

21

2774 Jan

37% Nov 24

32

86% Jan

8

35% Apr 22
99

Jun

16

61% Mar 31
69% May 7
19% Jan

65% Jan
31% Jun

4
4

9

55
103

Nov

7

May

911/2 Jan

23

Apr 14

24

34% Feb

24

45

6

101% Jan

3

24% May 27

127% May 23

Jan

May 23

31

5574 May 19
104

May 10

12

82

May 18

97

30

65

Mar 15

78% May 20

_For footnotes

see




page

98

Mar 10

32,

No par

preferred

100

International

;

Salt

International

Shoe

International

i

Silver

7%

40
105

Feb

11

Apr 26

Apr 22
50% May 9

15

7.50

Rys of Cent Amer com__No par

preferred

International

__No par

conv

preferred

56%
58%
55%
56%
*164
168
70Vb
70%
47%
47%
*23%
24%
44
44%

102% 102%
23
23%
411
414
37
37%
172% 172%
*33%
34'%
35 Va

3574

92

92

4%
63%

474
6374

140
1374

140

1374

9774
9874
*10374 104'%
13
13%
88
89 '.4
105
105 '/a
4374
44%

:_25

6674

68

37%

38

25

Interstate Dept Stores
Interstate

i

6 %

25

common.

1

Telep & Teleg__No par
Utilities Corp.:
5

International

$1.40 cum

No par

.

1

Power Co

3.50

267/4
39 74
*31
35'%
1474

27%
3974
3974
35'%
14%

Iowa-Illinois Gas & Elec Co—No par
Iowa Power & Light Co
10

49
35
2774

5 0 74
35

Island Creek

23

23'%

Intertype Corp

$6

—No par

Coal common

50c

preferred

1

Jacobs (F I) Co__

39

41% Mar 15

5%

Jaeger Machine Co__

96

32% Mar 14

common

13

78

37% Dec 31
100% Dec 31
48% Dec 23

com..No par
100

Paper

26

5

4

Canada

9% Jan

91% Nov
Nov

of

34% Jan

19

Mar 14

Nickel

1

$4 preferred
Int'l

21

May 16

30% Jan
26% Jan

Jan

Oct

8

14% May 25
51% May 2
35% May 2

Jan

100

Preferred

12

40% May 24

20% Mar 23

preferred
Mining Corp

International

23% Apr
1
41% May 27

121

_No par

3

Mar 15

20% Jan

96

72% Apr
38

__No par

common

International Packers Limited

34% Mar 15

34% July 21

24% Jan

Int'l

May 25

36% Oct

Machines

preferred

3

106

26% Dec

10% Jan
28% July
29% Jan

4%

May 24

70

Harvester

International

13% May 24

37% Jan
4
31% Jan 29
11%Jan
4

5

100
..No par

103
Int'l Hydro-Electric Sys class A..25
Int'l Minerals & Chemical com
_5

19

91

48% Mar

1

Iron

Business

7%

68 Va May 27
140% Jan 11

17

20

Inc

preferred

Int'l

92 Va May 26

4% Avt

Ctfs

Int'l

7

May 25

Mar

17% Dec 31
88% Dec 31
106% May 19
12% Dec 31

100
No par

Interchemical Corp common
Interlake

39% Mar
174 Va

16

Mar 29

Apr 18
Apr 18

tt4

8

No par

Co

Insuranshares

3

3% Mar 16

1^
;

Inspiration Cons Copper

May 17

41% Jan

7

Steel

6%.

A

;

55% Mar 28

May 17

40% May 27
44% Jan 11
11

Inland

50

S

Mex

24

34

5

De

Industrial Rayon

4

23

Flectrica

50
.50

Co__

Ingersoll-Rand common
6% preferred

3

37% Jan-

Feb

preferred.:

Terminal RR

4 Industria

16

May 12

140

Jan

<

56% May 20
166

33

94

9% Jan

Illinois

7

8

4% Nov
59% Dec

130% Jan

19

15

42% Dec 29

1% Jan

Jan

24

48% Jap

8

26

176% Oct 25

34% Jan

65

cumulative

50

Jan

40

77

15

4.26%

preferred

Apr

102

28% Jan

51

common__.No par

cumulative

54

6

4

1

Mar

Co

Power

4.08r/<>

51

4

Jan

52

.Illinois

5

53

25% Jan
89% Jan

Jan

51 % May

10

5

27% Jan

53% May 13

8

10

55

11

25

5

49% Mar

new

Central RR Co

53

15% Jan

159

47% Jan

Illinois

54% Dec

21% Jan

May 11

6

Co

Power

52% Apr
54 Va Jan

4

871

58% Jan

53% Nov 10

40% Jan

14% Apr 28

31

50% Dec 23
52% Dec 20

Idaho

3%%

preferred

Johns Manville Corp
Johnson & Johnson—
Jones & Laughlin Steel com__
5% preferred series A

Joy Manufacturing Co___

*53%

54

*53 %

54

53

*52 %

53

*52%

53

14

14'/a

14

14

14

j 4%

1

2474

25

25%

25%

25

25 Vb

3,800

674

600

5o'/2

6,jj0

56

3,800

6%
56 VB

55 7

a

6'%
5674

56%
168

*164

*6%
5u '.-a
56
*164

71

6

%

5b

"a

5674
168

71%

6%
5b

55%

168

*163
72

;

70%

7174

48%

49%

49%

50%

t;n.%

♦2374

24%

*2374

24%

*2374

43%

*102'%

43%
103

43

102%

44%

1027a

1^/4

*102

22%

22 7 4

22%

23

23

417%

420%

421%

423

420

*33%
34%
*92%

377a

3774

174%

37%
173

173%

4,600

300

13,200

95

92

92%

*90

*4

4'%

*4

65

66%

130

300

94

Vb

900

66%

68'%

19,300

138%

138%

4

410

13%

13 %

13%

13%

13 Vb

13 %

7,600

98

98%

99%

100'/a

101%

10,500

*103% 104%
13 %
13%

♦103%

104

103'%

103%

*103'A

90

104
4374
67

*3674
2674
40
40
35%
1474
49'A
35
x27%
23

*125

8Va
*3174

91
105
44
67'%
38

27%
40'%
40%
35%
14%'
50

35
27%
23
127

9'A
32

104

13%

13%

90

90

*89

90

104

106

*104

107

105

105

1,300

44

2,600

44%

4474
67

67

*3674

38

43%

44%

67

68%

*36%

38

4374
67'%

*3674

68

38

630

2,400
300

27

2774

27%

28%

2774

28 Vb

60,000

41

41

41

4174

41%

4174

4,200

*40'%

41

*40%

41%

*41

42

200

35%

35%

36

36

36%

700

1474

1474

14%

14 "2

14 %

1474

2,800

49

59

50

4,800

49%

49%

35

35

35

35 %

35

3574

4,100

27%

27%

2774

27%

27%

27%

3 400

243/4

7,500

23%

2374
127

*125

8%

317a

X49 %

23%
122

2374
125

8%

8%

32

32%

32'A
33%

9 Va

2374
122

874
32

*33%

122

240

9

53,800

32 Va

33%

33'A

3374

x33

33%

33%

96

96

*95

97

*95

97

96

96

96

96

55

54

54

53%

54

54'A

54 Va

531/2

300

13%
90

1374

13%

6.200

13%
90

33%

55

25,300

97%

87k

54%

6,000

35%

35

139

420

38%

34 7 4

13874

200

23%

33%

.73%

133%

3,2va)

44

103

17474

35 'a

13.; %

13,300

3774

33%

64%

8,100

51.'%
24

*32'%

33 74

64%

72 Vb

17474

34

4

4

37%
174

'"nr)

13%

32'A

common— —^.1

54%

54

*52%

>97%

7%

1

*53%

*53%

*53%

139%

32'/a

pfd —100

90

54%

54 %

*53%

96'%

1

Jersey Cent Pwr & Lt 4%
Inc

12774

*52%

139
13%

No par

...

Jefferson Lake Sulphur Co
Jewel Tea Co

127%

28

'25
25
6%
6%
x56
56%
55%
5574
*164
168
69%
70%
47%
48%
*23%
24%
43%
43%
*102'% 103
22%
23
414
417
37%
37%
173
173
.*33%
34
34%
35%
*92'%
95
4
4
63%
6374

2974
xG4

33%

103'/a

104

1,400

1,800
40

3,600
40

*104

105'A

*104

*104

105 Va

No par

8374

84%

82

83%

x82

83

83

83%

83

83%

-12'A

7774

78%

77

78

78%

78%

78%

78'/a

78

78 %

2,500

10

37'/a

37%

37'/a

37%

377k

37'2

37%

38 Va

37%

38%

21,700

104%

10474

1047k

1047k

104%

104%

104%

10474

104%

105

830

100
1

48%

48%

x47'A

477k

47%

47 Va

4774

4774

4774

48

2,500

100

104

104

105 Va

%

6,100

Number 5433

Volume 181

The Commercial and Financial Chronicle

. . .

STOCK

NEW YORK

EXCHANGE STOCK

RECORD

STOCKS

Range fur Previous
Year 1954

NEW

Range since Jan. 1
Lowest

Highest

Lowest

(2483)

YORK

LOW

STOCK

EXCHANGE

Highest

Monday
May 23

Par

AND

Tuesday

HIGH

SALE

May 24

Sales for

PRICES

lii«5 Week

Thursday

Friday

May 26

Wednesday

May 27

May 25

Shares

K

607a Dec 31

26Ya Jan

11

7. Jan

4

Jan

56

95 7b May

6

2 7.

Sep

8572 Dec

79j/b Jan

6

18

27b Jan

6

372 Jan

9

32 Ya Jan

31

41

4

40% Jan

3

947. Jan

24

100

997a Nov

5

Jan

12

104% Apr

15

,

100

6

4%

9

4.50%

Apr

22

4.20%

24

84% Apr

21

MarlO

4874 Jan

4

247z Mar

3

lu5

102

106

Oct

29

7574 Dec

29

7072 Jan

Dec

13

43

105% May 17
102% Mar 15

105

14

357a Jan

5

187a Jan

21

12 7a Apr

23

16

50

4%

64% Jan

4

39% Jan

4

17 7. Mar 24

22 74 Apr

28

Kayser

8

277b Mar 14

32 7a Feb

14

Kelsey

Dec

31

9874 Jan

1137b Apr

1

54% Dec

4

23

4778 Jan

597b Apr

15

107

6

437b

*9872

*10374

105

*103

10374

103

*103

105

*103

106%

*105%

106%

*105%

106%

*1053/4

1063/4

*1053/4

1063/4

*10374

104

*10374

104

*10374

104

10374

10374

*103

104

77

7872

*46

4772

(Julius) & Co
Wheel

2972 Jan
3672 Jan

4174 May 18
5274 May 6

2474 Jan

13

34

Oct

14

297a Feb

337b Apr

Mar 19

3474 Jan

9372 Mar 29

29% Jan

4

447a Dec

9

3 8 7. Jan

827a Jan

5

9872 Dec

14

9274 Mar 18

100

287a Sep

9

34 V4 Jan

23

29 72 Mar 16

32

Jan

5074 Feb

527. Dec

31

5072 May '26

42

24

5274 Aug

«

39 7a May 27

5

Feb

13% Dec

29

3% May 27

5% Feb

18

147i Jun

9

17 7e Dec

8

477» Jan

4

58% Dec

9

9% Jan

22

Jan

85

3074 Dec

Aug 10

7

4072

4072

5

47%

48%

31

31

437a:

*4272

1

18 %

18%

18%

30

30

30 74

30%

4,600

109%

14,300

53%

6,800

18%

30

307a

107

107

105%

1097a

X107 7a

108%

52%

5374

52%

53%

52%

40%

40%

*40 72

417.

40'%

407a

*4072

47

47%

47 7b

4772

40 %

4774

4574

31

317a

32

32 %

32 7i

*437.

90

53%

44 74

45

*43%
*90'%

44

10

4774

99

lo

29%

30

90

46%

477/b

98%

*44

897a

89 72

—100

467/a

4

607. Nov

30

537b Jan

6

15

47%

48

99 7b

99%

10O

29%

29%

29%
39 72

4

13 7b

1374

1374

1374

1374

1374

137B

133/a

13%

Consolidada 6% pfd_75 Pesos Mex

*4 74

47a

*474

43/b

•474

47a

*474

43/8

*4 74

4%

16%

16%

16 3/4

163/4

16%

16%

16%

16%

16%

16%

57

57

57

217a

21

217a

Co„_

Gas

47a%
Lee

& Co—a—a

(The)

Bryant

Lees

1

common

preferred

Rubber

50

Tire

&

(James)

*55

217a

20%

Co common_3

Sons

&

57

*55

5

new..

20%

33

32%

32%

33

98%

32%

100

20%

21

3,000

34

33 74

33 74

♦97

■

97

97

98%

300

12%

12%

127a

12%

12%

15,000

Lehigh Portland Cement—
—25
Lehigh Valley RR—
No par

637a

64%

65

6574

66

67%

67 7B

68

C7

67%

6,900

227a

23%

223/s

2374

233/4

23%

23%

23

23%

10,000

31

1878 Jan

6

172 Dec

9

17a Jan

3

272 Apr

6

Lehigh

8

1174 Jan

3

1574 Apr

7

$3

Mar 30

47a Dec

8

3 % Jan

3

5 74 Apr

11

4074 Mar 14

4772 Jan

4

157z Jan

4

23

10'

177b Apr

16 7a Jan

4

207b Aug

17

197/b Jan

3

8

76 % Nov

19

647. Jan

18

87a Jan

4

137b Dec

17

1374 Jan

3

100

£.;

6' 3'.

M

22
30

98%

*96

*96

''

2
21
4

18% Jan

5

497B Nov

22

51% May 19

Liggett &

15772 Jan
59

16

Savers

7%

18

Link

Belt

7

6

217b Jan

14

Lionel

517a Apr

20

257b Jan

19

Oct

7

25

3272 Apr

15

29

177a

177B

1774

17

17%

17

177B

17%

173/8

4974

49

49%

X49

493/8

48%

49 7B

49

4974

8.0C0

30

31

31%

31%

19,100

Corp

10
10

4

9974 Jun

2172 Mar 15

26
2

103% Mar

8

1077b Apr

3

10072 May 23

1037. Jan

6

30

105

Nov

Oct

26 74 May

1

Jun

5

11

887a Dec

20

7772 Jan

Dec

20

27% Dec

28

22 7b Mar 14

967a Jan

22

6

77c

preferred

104

Nov

497s Dec

387a Mar 25

100

9

Jan

38 7b May

8

31

4

10172 Mar

Apr

407a July
122

1574 Nov 29

22

M

July

23

136 7. Dec

6

23

127a May 10

48 74 Jan

53% Jan

29

19

Mac Andrews

197b Jan

Aug 19
29

26 7b Mar 14

31

88 72 Mar 15

9272 Jan

11

3

127a Feb

25

77/b Jan

6

12 74 Feb

97a Dec

31

878 Jan

4

64

Dec

23

5674 Jan

6

16 7a Jan

4

24

7. Oct

22

23

Jan

18

Nov

17

543 72 Jan

4

499

July

546

7

6

4

374 Jan

7

67B Dec

31

6

Dec

6

28

31

Feb

May 26

650

10 72

25

55

May 23

42

Apr

29

7174 Dec

6

24 7a Jan

12

347b Dec 22

6672 Jan
Jan

11

99

3

44

Feb

18

Jan

4

25 72 Dec

23

23 74 Mar 15

2672 Feb

Jan

4

3774 Dec

20

3374 Mar 14

38

May 20

9174 Jun

3

99

Dec

21

94

?

99

Jan

10

927a Jan

5

98

Mar 11

94

May 16

99

Jan

12

Jan

7

89

Apr

1

83

85% Jan

10

$3.40

17 7a Jan

20

28 7. Nov

23

34% May 10

Maytag

Feb

16

4

55

Nov

12

52

7

237/b Dec

30

207b May 16

2

Feb

25 74 Dec

30

23

44

407a Jun

17

31

Jan

4

157. July 23

14

75

Jan

4

8872 Jun

74 Dec

Jan

6

7b Mar 14

Feb

4574 Mar
16'/2 Fen

4
8

3

16

337s Jan

4

63% Dec

3

5472 Jan

4

767/b Dec

20

3774 Apr

26

18 72 Jan

4

257/b Dec

19

217/b Dec

1172 Feb

2772 Jan

4

867. Jan

4

20

90

May 23

4972 May 26

24

58

Apr

13

67

Feb

16

82

.

Jan

5774 Jan
67

May

4

75 7b May 27

Mar 14

45% Apr

25

297a Feb

17

McLellan

Jan

3

5274 Jan

6072 Jan

22

647b Dec

31

27 7a Feb

16

327. Dec

21

117. Jan

4

3072 Oct

4

267. Jan

Jan

4

91

Oct

4

82

31

Jan

26
18

21

26

7

3472 Apr

13

Melville

6

46

Jan

25

Mengel

Jan

7

135

Jan

25

18

25

Apr

7
12

22% Dec

31

28

2374 Dec

23

20% Jan

18

30% Apr

Oct

21

88% Mar 30

9572 Apr

10974 Dec

Jan

Jan

22

10274 Jan

18

Oct

25

100% Jan

7

107

29
1127a Apr 22
108

Apr

12
28
11

Jan

497a Dec

7

54 74 Feb

21 7b Jan

287b Jan

4

23

May 27

2678 Feb

287a Jan

41% Nov

24

39

Jan

Jan

103% Oct

27

96

Mar 28

1037a Apr

104

Feb

107

26

92

23

104

Jun

10872 May 19

92

Jan

102

89

Jan

For

6

24

46% Mar

3

18

May 24

2

Nov

29

9372 Mar 29

102

Apr

26

9972 Oct

10474 Aug 18
22 7« Feb

437. Jan

12

9472 Mar

4

101

Apr

18

109

footnotes




May 14

367. Nov

see

10472 Mar 15
327. Jan

23

page

32.

6

10872 May
4674 Apr

9

12

5%

Mercantile
Merck

&

Stores
Co

Inc

Co

Inc..

common

conv

2nd

3%
16%c

No par

preferred

$3.50
$4

1

Corp..

Shoe

Co (The) common
1
convertible 1st preferred_.50

No par

pfd

No par
Mergenthaler Linotype Co.—No par
Merritt-Chaoman & Scott
12.50
Mesta Machine Co
..5
2nd

$4.25

preferred—

Metropolitan Edison 3.90%

preferred
3.85% preferred
3.80% preferred
4.45% preferred
4.35%

Miami

Copper

series

series
series
series

_—

pfd—100
1
100
100
100
100
5

28%

153/4

16%

16
51

3,900

16

200

51

*503/4

51

♦133 7a

137

*133 7a

137

10

28 3/4

29

28%

29

52,300

33

17,100

92

32%

32

327/8

32

32%

91

*9172

92

91

92

91

92 74

92

11

11'/a

11%

113/8

11%

11%

11%

11%

1134

2,700

10%

10'/4

107.

10'A

10'A

1074

103/B

10 7b

10%

1,400

77'/4

77%

833/4

4,000

7772
3672

35'/2

35'/a

640

73/B
107B

32%

♦610

78

35%
640

640

*34%
*99
22%
24 7.

*92
*1057a
105

5274
x23%
45

98
*106
*98
100
*108
41

82 %

35%

81%

3574
*620

650

77a

73/8

73/s

7%

7%

73/B

93/4

9'/b

93/4

93/4

9%

9%

30

3174

9

*8%

32

32

9'/b

8%
32%

32

32

8%

9

323/e

33

240

3,700

35%

30

650

2,000

7%

6,800

10

323/B

1,100

93/e

3,200

32%

5,900
12,700

323/b

32%

32%

17%

1772

173/4

17%

17*78

18 7b

18

1874

56

*56

5 6 3/4

56

*68
33%

8%

35 74

327b

*5574
2174

73

9"/4
29

80

648

17%

2572

25
*45
15 74
90
50 74
x58%

73/a

79'A
35%
640

32%

2574
37 74
*94 72
*94%
8572
32 74

15%
61 72
103

___

1674
50%
137

33 7a

4274
2572

Apr

Norris Mfg Co

McQuay

1,900

90%
10 7a
1074
7672
36

.—18
__1

72 72 Apr

65

18

95

——

1067, Apr

1574 Feb

98

Co

18
31

18

1774 Jun

95

Robbins Inc

Stores

10
Mead Corp common ————25
47.% preferred (1st series)
100
Cum 2nd pfd 4.30% series
50

1

2174 Jan

88 7b Sep

&

McKesson

Mar 15

101 7/b Jan

5

Porcupine Mines

Apr

31

Publishing

McGraw-Hill

Mclntyre

24

27

—_____1
5

Co

is-ectric

McvaiaW

40

Dec

No par

pfd

No par
$3 preferred
:
No par
McCall Corp
No par
M'cCord Corp common
3
$2.50 preferred
50
McCrory Stores Corp common
50c
372%
convertible preferred—100

15

5772 Dec

Corp

Co common....

30
27

103

Co__—____

cumulative

4372 Nov 24

577. Nov

47

17

Co

Corp
Electric

5672 Mar 31
28

Mfg

.5

Masonite

16

2474 Mar

Mar 14

44

*12

Martin-Parry

21

5,900

1013/4
39%

33

1774

3

32% Feb

24%

39%

32 7a

29

22

Jan

28'A

273/b

17 7a

207b Jan

24%
*100%

39%

27%

283/4

6

24%

.

277a

30

257a Jan

187a July

27%

1772

16 72 Mar 28

23

15

50'/a

•133%

297a

29

47

51

137

17%

197b Dec

4

15%

16%

16

*50'/a
*133'/a

28%

287b Dec

18

13372

51

13372

96

8

Jan

1672

16 74
*50%

35%

1

25% Jan

5
_10

27%

1674 Jan

83

39 7a

1013/4

2|3/8
*100%

3974

9572

13 7. Feb

8,400

24%

357b

1

230

3,800

101%

-1

common

preferred-

L)

Glenn

Martin

140

1487a
84%

387b

6.25

Cement

4

130

13,000

4774

247a

_100

16
22

*146

147

237a

83%

•100%

Field & Co com.—No par

Sep

337a Oct

23'A

4774

24%

.

preferred

474%

97

23%

!

8474

39%

55%

4

104

4774

101%

82

4

1017a

*10374

83%

24%

.

f.

Corp

conv

106

*100

46

7

39%

40

55%

Jan

72

83%

———.No par
No par
Master
Co—
________1
May Dept Stores common
5
$3.75 preferred
a——No par
S3.75 cum pfd 1247 series..No par

Apr 25

May

46

82%

81

Marshall

7

92

46

83%

55

cum

7

36% Apr

317/b Jan

4674

82%

8172

4r,'r

Marquette

*105 74

1467a

►100%

Exploration

Midland

2

26

46

23%

9,300

104

23.74

147

8172

2

167a Jan

82

145

10

Mpnne

May

145%

50

Marathon

18

88

11

145%

97a

25

% Mar

7

23

297a

2074 Feb

6

Jan

2374

*8%
32
17 72
55

5872 Feb

Jan

16

145

22%

7a

1001/2

*103 74

40%

—No par
10
.1
50
1

Corp

28

23%

3,500

22

106

10072

104

247a

_______

——

Oil

9

104

101

101%

5

Shirt

Maracaibo

29

*10574

2972

Bros

Manhattan

17

1774 Dec

106

101
'103 74

104

1

Mandel

11

30% Dec

'10574

101%

104

5

May 18

117a Feb

4

106

'101

24%

100

Co

Sugar

347, Jan

11

'10572

101%

___No par

4

May 16

Jan

106

100

32 %

22

'100%

Inc

8% M .y 13

127a Jan

227B

*610
7%
9%

Manati

87z Apr

common.

Co (The).
Coal RR Co

Mahoning

327a

21%

120

,

Copper

Magnavox

32

22

1

Chef

Magma

14

31%

21%

100

Co Inc com
No par
preferred series A__
100
Square Garden—-No par

7.7c

Magic

16

Mar 23

90

3774 Apr

9

5 7e Mar

107b Dec

34

12

Jan

19

21

4

47a Mar 10
22 3/4 Jan

Dec

6

4

30%

22

23

10

Forbes

&

Vb

*118

31

'10572

—50

preferred

Madison

10,600

31

3174
120

21%

83%

Working Co

Trucks

10,490

62

62

61 7a

30%
*118

30%

*101

Macy (R H)

33 72 May 23

Dec

25 7a Jan

6

Mack

May 26

874 Dec

774 May 27

<

29

6

6%

21

92

817. Mar 16
574 May

Jan

139

Mar 28

133

3

30% Dec

4

207a Jan

Dec

54

2

Wood

6274
31 3/8

62 74

118

22 7B

4672

Lukens Steel Co

& M

49,900

317a

83

,

16 V2 May 23

127. Mar 14

50,100

21%

21%

46

V-

48%

21

317a

100

—

118

119

4774

2174

31%

30%

31

30%
*116

47%

21

32 74

(Ky).Nopar

preferred series A—

74%

31%
120

607a

6074

583/4

59

58

30%
*116

400

45%

21 7B

.

857a

4574/,

20%

145

M
8

447b

20-/4

85

*83

*82 Va

& Sons I.ic—

im)

run

5174 Jan

25

443/8

20%

104

Nashville—

Common

267/b Jan

5

4374

20%

100
10

—

&

8574):'

45

.100

Gas & El .Co

Louisville

32 7b

8574

2074

common.

Louisville

Lo*"*"
22

Co

(P)

31

867a

43 7b

preferred-

E

21

88 74 Mar

5974 Jan

series

Lorillard

May. 25

49 7b Feb

3

45 74 Jan

3

147

Mar 15

141

15

48% Aug 25

11

32 7a

847a

1

preferred-

conv

4.357c

Apr

257b Jan

217b Mar 29

18

15372 Feb

22

407a Jan

104

Mar 11

102

21

Co

29%

827a

—No par

___

!

Long Bell Lumber (Md) A
No par
Long Island Lighting Co com
10
5% series B preferred
100
4.25%
series D preferred
100

27

104

2174 July
137

24 V2 Aug

1067. Mar

9

Mar 16

Aircraft Corp

Inc

307a

29

*817a

common..

Jan

2,800

173/8

Cement

17

280

483/4

Gas

9874 July

300

10,600

156

156

156

156

66%

6 6 3/8

66%

6674

667a
1553/4

2.50

Star

103

667,
155 7a

2,700

Star

4

67
156

6674

10,000

Lone

Mar

517a
*154

53%

Lone

23

6774
155

5374

2

28 74 Mar 14

517a

,

7B

4,500

523/4

*50%

52

5774

16

21

517a

*50 7a

53

6574 Feb

3474 Dec

517a

*50 7a

3,000
29,000

577a

26 72 Mar 14

*•

20%

523/4

56

4

20

52%

19

227a Jan

20%

No par

(The)——

Corp

4%%

2074

X57 7B

30

4
33% Apr 21

20%

52 74

Nov

May

78

207B

58 7B

Lockheed

120 7b

77%

207a

563/4

Loew's

28

21%

777a

19%

52 74

7

11474 Feb

21 7B

76%

523A

3

1167a Aug 12

21%

777a

5874

217b Jan

4

1874

22

77

Xl87a
•

5274

64 74 Feb

10874 Jan

18

21%

7874

573/8

17 72 Mar 14

May

1874

227a

523/4

407b May 17

32

213/4

18%

59

29

7

3,200

52 74

31

Jan

18

563/4

Dec

29 72 Aug

7,900

21%

155

517b Dec
64

43%

5

11

4

43%

10

_a—

12

4

43%

187a

66

Jan

11

43

X77%

51

Jan

23 7» Jan

43%

7974

5

67

28% Jan

1(0

4%

22 3%

21

26

22

4%

*4

18%

207a

100

800

*4

74

4

43

43%

13%

227B

82

13 74 Jan

43

13

187a

Liquid Carbonic Corp com_—No par
3%% convertible preferred
100

8672 May 24

Apr

4474

5,700

2

*1%

12%

17%

25

:
com

—.

Lion Oil Co

79

287b Nov

*4

7

Corp

Co

43 7b Mar 15

4

10

Lily Tulip Cup Coip new

May 23

55 % Apr

4

*96

7874

5

——No par

Myers Tobacco

167b May 17

23

Corp

preferred

4%

*

V'T-"

2

1%

12%

433/8

Libbey-Owens-Ford. Glass Co
Libby McNeill & Libby

70V4 May .2

48 7» Jan

Mar 12

25

19 7a Dec

307a Jan

Apr

&

2

13

*3%

Products..a.

Lerner Stores

1%
*12%

2

13

(The)

Fink

Lehn

1

Mar

2

13

1%
*12%

No par

pfd

23 7a

1%
*12%

1
No par

common

preferred

2nd

Corp

14

51 7b May

38 74 Apr

Lehman

Co

1

Coal
1st

nonc-um

7
r

149% Mar 23

Apr

5372 Dec

50c

7974 May 23
23

Valley

4

Jan

23

& Navigation

noncum

Life

457a Jan

164

23

1427a Jun

14

29

48

2

July

Dec

6774 Jan

365/a Mar 22
56

22

29

i 2,800

123%

■

6772 May 25
25 78 Apr 26

39% Jan

"56

58

12%

1172 Dec

Dec

,700

58

217B

333/4

1

12%

20 7b Dec

31

3,200

127a

4

Dec

13%

1274

preferred

Lehigh Coal

4

46

15,700

20%

*56

33

39%

'

lo

3.85%

3

25

6

4

51

51

4074

Apr

Jan

5.4f 0
3,300

51%

% Jan

34

210

29%

39%

6% Jan
2

2PO

5,6LO

47%

'

277a Jan

9174

50%

25

13% Jan

800

4472

*9072

40%

27

Mar 14

32%

*44

7i.

4,400

*32

91

47 74

46%

30

29%

50O

41

•99%

.

99 7a

*99

29%

29%

90 l
47

46%

997a

*99

.

1,500

5174

Feb

11

108

*30%

90

No par

common...!

107

4.800

18 7b

18%

40%

Jan

2

30

22%

51

25

347, May

19

29%

19 7b

30

22%

41%

60

9872 May

♦18%

19
30

47

*46 7a

22%

52

Lane

7

47

2,400

78 7a

78

79

22%

40 74

Laclede

t>

7a

*46 7a

22%

51%

La

Jan

"78

47

22%

417a

27

89

7774

♦46 7a

5274

25

31

_■

41

24

2o7s Jan

6

X7774

No par

Co common

Inc

(S H )

5% Jan

12 74 Dec

50

60

52 7a

Kroger Co

177/a Jan

4

77a May

140

99

*97%

No par

Kress

14 7b Jan

54% Apr 26
2072 May 10

98 7a

No par

9
4

Jan

Mar 14

4

16

R)

Co

5572 Feb

7» May 2 J

127b Mar 15

May 10

95

'

103

41%.

22 Va

537b

preferred
Kresge (S S) Co—„

50

48% Aug 18

*97 7a

47%

5474

4%.

4

Jan

(G

Koppers

2

98%

767/b

53 74

$5 prior preferred-

May 27

98 7z

22%

2.50

County

Kinney

4574 Mar 21

84

42

9972

76 74

105%

King-Seeley Corp

1

42

*41

*46

227/»

No par

__

13

29

42 7b

i

Copper

24

Nov

22%

5
l

Hayes

Nov

Apr

700

105

*105%

50

41% Dec

87

300

■1,500

9874

—8.75

31

39

23/8

427a

preferred

11

6

*574

40 7a .4iy2

2 74

2 74

2%

31%
132%

Southern—

18

:

*2 74

32,800
66,200

9574

317b

13174

31%
130

129

—100

20% Jan

797a Jan

274

274

93

9474

29 %

29
124

100
100

33% Oct

31

274

27,

87%

87'A

28%

98 74

j

Land Co
Keystone Steel & Wire Co
Kimberly-Clark Corp com

22

85

♦118

No par

Kenneeott
Kern

8374
11772

100

Kansas Power & Light Co

317b Dec

Jan

8174
11772
42

:

preferred
preferred

non-cum

217. Jan

83
117

117

10

Common

22% July 30
257* Dec 27

3

Furnace

preferred

cum

Kansas CLy

38% Jan

&

preferred

May

Mar 13

817a

(conv)—_50

City Pr & Lt Co com_No par

3.80%

1077a May

107

May 26

4

45% Mar

Stove

Kalamazoo

Kansas

99 74 May 16

Mar 23

"o

1037a Aug 10

preferred

cum

7

27a Feb

30

28

5%

l

"when issued".—33 %c

Common

132% May 27

Dec

Apr

92

Kaiser Alum & Chem Corp

27

317b May 27

287a May 25
4b

38

9572
95

8572
327a

3578
*9534
273/a

82

82

82

81

813/4

1,000

3572

35'/a

35'/a

3574

35%

35%

35%

4,800

96

953/4

953/4

*953/4

96

96

96

28%

28%

293/a

29 7b

30

30%

317B

17 7a

17

17

55%
X82

*17

297a
•25

25 7a

25 7a

3672

377a

36%

*94%

95 %

*94'/a

*943/4

957a

94%

*85

8 6'A

323/4
*557,

*85

33%

33

553/4

•5574

17%

30%

30%

12,900

35'/4

25

24%

257b

1,300

8,300

37

377b

95%
943/4

94 %

95 7a

95%

80

*94

95

94%

94%

300

86 7a

*85

86 Va

33%

x333/e

333%

56

*5574

55%

37

21%

21

2174

25

25

257b

25%

157a
90

50%

157a
*8972
50

45

15%

1574
*89'/a

90

45%

36%
947a

37 %

*85

33

*55%

5534
k

21

21 7b

213/a

25 74

25%

25

25

45 V2

*45

15'/2

1574

157a

90

89 7a

897a

15%
*89

100

6,500

89%

200

3,600

50

50'A

49V2

50

4974

507a

493/4

59

58 7a

58 %

59

597a

800

73 %

743/8

73%

75 7B

3,800

4274

42 7B

427a

7,500
8,200

59'%

72%

7374

73'/4

7^34

427a

42%

42

42%

2572

253/4

257b

253i

257b

25 72

253/4

25

25%

15%

15%

157a

15 7a

15%

151/2

15'%

157a

15%

613/b

62

63

60

62 34

62 7a

62%

62

104 7a

*103

104%

34
35

68

33'A
347a

617.
*103

*67%

68

333/4

33'A

34'/a

•34'/4

120

*98

105

*98

23

23

23

23

25%

247a

24%

95

*91

*104

107

106

*105

106

52'A

23%

23'/2

106%
105

233/4

45 74

4434

45

98'/a

99

1077a
1007a
100

107

1047a
70

x42

103

*67 7a

34%

33 7.

343/4

*34 74

105

*98

103

*102

70

*68

33%
34%

1

107

*98

lOO'/a

*98%

100

109 7a

*107

109 72

41%

41

41%

30

23 %

2374

2374

24%

24%

24

24%

27,800

Q1

106'/a
105

95

*92

107

*105

106

105

*105

106

105

7a

23%

23%
45

45

♦98

99%

99

*107

109 '/a

*107

100
100

109'/a
423/a

95

*92
•105

23 7a

41%

200

24%

23 74

*98%

3474
101

70

200

2,800

23 7B

52

♦107

70

3374

700

6,600

23'A

527a

*98

34 74

103 7a

2,800

52%

*52'A

33

101

105

45

5274

99

24'/4
• QO

95

106

527.

600

157a

42

70

1,300

457a

73

*59

1,600

33

21

*45

10

867a

58%

58%

900

30%

25

21

4572

200

44,700

307a

25

*45

*17

303/8

2174
45 7a

500

55%

56

*98
*98 7a

*107
42 7b

45

99'

1097a

1,100

23

23%

27,800

4574

1,900

45
*97 7a
♦107

*97 7a

100

*98 7a

42%

70

52%

100

109%

100

52%

*107

42%

99

109 7a

160
10

99 Va
100

70

109 7a

42%

4,800

27

28

The Commercial and Financial Chronicle

(2484)

NEW YORK STOCK
Range for Previous

Range since Jan. I

Year 1951

/Lowest

Highest

Lowest

NEW

Highest

263/4 Jan

4

32% July

9

30% Jan

3

Feb

3

40 Va Oct

6

37% Jan

25

50

126'/a Jan

6

Jan

21

21% Jan

6

21

20% Jun

21

8% Jan

26

15

29% Sep

27

25% Jan

26

13

22% Jan
15'/a Jan

35% Mar

6

16% Dec 29

4

55 Va Jan

133

Dec

6

137

Dec

YORK

STOCK

7

Middle South

23

Apr

Midland

May 10
29 % Apr 19
283/4 Mar
1
193/4 Apr

Utilities

Steel

Prod

Inc

HIGH

SALE prices

Sales for

Tuesday

Wednesday

Thursday

Friday

May 23

May 24

May 25

May 2g

May 27

the Week

Shares

AO

31%

31%

31

31%

31%

323/b

31%

32 Va

315/8

31%

5

45 Va

45 %

44%

44%

45

453a

45 %

453/4

45 Va

45 Va

common

8%

100

143

10

_

Minneap & St Louis Ry

13

Monday, May 30, 1955

Monday
Par

1st preferred
Midwest Oil Corp

.

RECORD
LOW AND

EXCHANGE

144

30

EXCHANGE STOCK

STOCKS

..

143

27%

27%

27%

27%

25

No par

Minn St Paul & S S Marie

142%

143

25%

24%

25%

144

♦142%

144

*27%
26

144

a

26'a

273a

27%

25%

283a
;•

144

26%

25 Ve

6,400

No par

17

17 Va

16%

173/8

17

17%

May 12

65

17%

Minneapolis-Honeywell Reg new_1.5Q

17 %

17 Va

May 27

53

59

58%

63

62

'/a

63%

64

65

99

60'a

61

Jan

Mar

Minn

No par

95

953/4

943/4

943/4

94%

953/4

95%

96 %

95 Va

96

_________No par

•103

0

5

106% Nov

22

103% Jan

19

9% Jan

4

14% Dec

31

12 3/4 Jan

6

71% Jan

12

85% Dec

29

82

19% May 26

24 % Dec

8

May

107

Apr
22% Apr

20

Jan

23% Jan

4

13

7

&

Mfg
preferred

$4

4

93 % May
30% Apr

Min

Feb"l5

4

S5.50

1st

SI.50

2nd

4

27% Jan

65% May 27

Minnesota

&

27

Minnesota

Power

34% May 16

44% Feb

4

38 % Dec

15'/a July 19
Jan
4

23% Nov

19

22% Jan

17

27

Mar

2

54% Dec

22

50

26

59% Mar

2

37

f 4% Jan

4

10

31

5

Sep

Jan

83/4 Jan

8

6

15

Ontario
&

Paper

20%

20%

91%

91%

90%

91%

90%

90 Va

90

90

89

28

27%

27%

273/4

25

37

36%

36%

36%

37

37

37 3a

4.000

24%

24%

24 Va

24 va

24%

24%

25%

23,100

58%

59%

59

59 %

583a

59 Va

5,600

26% Oct

20

23% Mar 17

27

Apr 26

106% Dec

6

Jan

4

25% Sep

14

4

39

Dec

31

31% Feb

1

49% Jun

3

56

4

80% Aug 23
18% Dec 20

Jan

12'AJan

4

11% Mar 24

18% Dec

30% Jan

4

23

21% Mar

1

23

Apr
19% Jan

28
4

18
6

140

May 10

32% Feb

Monsanto

15

383/4 Jan

Montana

3

85% Jan

12

21 % Apr
20 3/4 Feb

44% Mar 14

55 %

20

24% Mar

May 17

May 27

Motor

Motor

28

Jan

6

38% Mar

61

Dec

22

61

Jan

4

70

Mar 18

45% Dec

2

41

Feb 21

47

Mar

125% Dec

17

4

18

Jan

3

21% Mar

41% Mar 21

47

Feb

4

2

4%

3

25%

16 Va

16%

*16Va

16%

20%

*20%

21

135 3/4

27 %

27%

134

136

27%

135

27%

27 Va

137

138%
27%

27 va

38

600

4.70c

27%

7,4g0

37%

37 3/8

37%

30%

29%

29%

30

30%

x30

30%

29%

30 Va

76%

773/4

76%

77%

77

77%

77 Va

77%

203/4

21 Ve

20 5/8

20%

20%

21 Va

20%

20%

20%

x20%

1,200

137%

77%

38

1.400
/:

27 Va

27%

29%

37 Va

10.200

136 V*

133

77

37

7.800

253a

20%

38 Va

38%

38%

4.600

6,500
28,600

5,600

No par

18 %

183/4

18%

18%

18%

18%

18 Va

18%

18 Va

18 Va

2,100

3

523/4

53

52%

52'/8

52%

54'/a

54 'a

553/e

543/4

55%

10,600

21%

21%

10

Munsingwear Inc
Murphy Co (G C) common
Murray Corp of America com

2
31

Jan

& Co

7

47% Feb
31% Dec

25%

16%

134

6,400

98

203/4

Inc

Mullins

7

14 Va

111'a

20%

1

3

11

14%
97

107%

Xl6%

No par

25% Jan

29

37

(The)

27
3

13% Jan

4

Co

42% Mar

18% Jan

25%

25 Va

14%

97%
112

16%

Products Corp
Wheel Corp

Mueller

25 v2

104'/a

20 Va

5

33% Apr

7

253/4

95%

95'/a

16%

5

27 Vs Mar 14

213/4 May 24

25%

143/a

14 Va

104

20%

Oil Co

(John)

25%

14

92%
100

16%

Co

33% Jan1

28

28% Mar 24
18% Sep 15

39% Jun
42% Jan

Power

Motorola

99%

20%

12

3

92%

96

253/«

No par

Morrell

13%

92%.

16%

Moore-McCormack Lines

3

13%

95%

203%

Montgomery Ward & Co

25

16% Mar 14

29

14 %

94

95

1.25

Chemical

Monterey

14

923/a

No par

Tool

Montana-Dakota Utilities Co

39% Jan 13

34% Mar 14

17
23% Aug
2
28% Dec 31

38 % Dec

Jan

38% May 18
73% Apr 28
18% Jan
3~

53% Nov

16% Jun

98

233/4 Jan

com—No par

4

Machine

4,500

59

5

19

10.100

24

58%

l'/c preferred series A
100
^Missouri Pac RR 5% conv pfd_l0Q
Mohawk Carpet
Mills
20

31 % Jan

653/b

24

36 y4

Missouri-Kan-Tex

79% Mar 29

64%

24%

»/a

24%

May 27

Inc

64%

24

34%

May 26

Mojud Co

64

24'/a

36 Va

18% Mar 11

Monarch

3,000

64%

24%

59%

98

7

273A

63%

58 %

112

18% Feb 23

"27 Va

63*54

24%

24 Va

6

243/4 Jan

27 Va

623/4
243/4

353/4

17

6

27

25%

5

Jan

15% Jan

27
64

25

_lo

71% Jan

19% May 12

320

___i

Mississippi River Fuel Corp

8

16

18,300

63%

% 27

5
par

30

17% Aug 27

30

89

79% Sep

27 % Aug

3,800

20 3a

Co

Mission Corp __
___
Mission Development Co

5,100
13,700

105

20%

81% Dec

5

*104

20%

4

Mar 31

104

20 3/4

Mar 17

13

104

104

203/4

Jan

16% Jan

♦103'/a

20 V*

61

195/e May

104

20%

100

Light—No

RR

*103

,

19%

40

76

105

17 v.

1

preferred--

conv

18
20

May

common

preferred_____

22% Jan

Augf ~5

24%

common

Minneapolis Moline Co

5P/4 Jan
21

100

1,500

233a

.

28 Va

53

102

1,400

27%

80

*2l

Dec

90

12,700

144

Brass

203/4

-

20%

20%

21

21

21 va

21 Va

22

3.5c0

5

30%

31 %

31%

31%

31%

31%

31%

32

313a

313/4

1,500

_~i

Co

35 Va

353/4

35

35 %

34%

35

34%

35 Va

35

35 Va

7,600

22

22'A

213/4

22

21%

22

22 Va

22%

22 Va

223/i

7,100

18%

2.3cq

Mfg Corp..

1

5

18

preferred

18%

18

18

18

18%

18'a

1

*42%

43

42%

42%

4234

43

42 Va

43

42 Va

42 Va

5,200

10

33%

34

333/4

333/4

33%

33%

33%

34

333/4

34

2,100

18%

18%

50

69%

*66

69%

*66

69%

No par

♦44

45

*44

45

*44

45

44

44

100

Myers (F E) & Bros

*66

119

120

'118

119

119

119

•66

69%

*66

43%

69 Va

43%

300

n
74% Mar
30

29

Jan

114% Jan

6

51

Not

23

47

7

27

f Dec

29

20% Mar 14

19% Aug 26
47% Nov 24

153/4 Mar 23

13% May 11

20% Jan

4

-

36% Jan

-4

45% Dec

183% Dec

21

17% Dec

33% May 16
40% May 16

8

172% Jan-'4

28

11

Jan

8

12% May

Jan

126

18

8

175% Feb

Chatt &

•\i 19% Apr 20

National

Automotive
Aviation

45
<

3

National

1

National Biscuit Co

17% Jan

•47

11

28

Feb 16

7%

Can

25% Dec

6

26% May 10

16% Dec

31

14% Mar 14

25% Mar 14

18% May 26
31% May 26

National

31

24

10

National

41% Apr 26
6

National

21% Jan

17% Feb

18

22

35% Oct

25

41% Aug 17

12% Jan

4

19% Dec

30

16% May
87% Jan

6

24% Dec

21

20

4

98% Dec

2

S3

20% Jan

8

49% Nov

17

93% Jan

5

Dec

105% Nov

38

Jan

4

172

Jan

5

63% Dec
182
Dec

141% Jan

7

158

8% Feb
19

Oct

10

19

May

37% Jan

18

:i6% Jan

10

Mar 21

100 % Apr

27

45% Mar 14

8

May 12

3

553/4 Jan

13

:+■

102% Jan

5

29

54% Jan

25

10

177% Apr

6

71% May 27
1823/4 Jan
7

147

9

156

Jan

4

Dec

0

Mar

G% preferred B
National Linen Service
Natl

4

1
25

4

43% Dec

6

383/4 Jan

103

Nov

30

97% Feb

41

Dec

8

37% Jan

15

9% Nov

1

10% Sep
11% Ant

4% Jan

4

11% Jan

4
8

8 %

9

16% Dec

13

18

106

5

39

July 22

86

6

99

Nov

17

Dec

13% Jan

4

Feb

105

25

Feb

Nati®nal

National

20

16% Jan

Neisner

3

Theatres

National

Vulcanized

Inc

16 Ve Feb

18

75

1

Mar 15

92% Apr

1

203/e Feb

17

78

193/.

19%

19 i/a

19%

19%

19%

19%

403a

393/4

40 Va

39%

40 Va

39%

40 Va

25%

26'/.

26%

26 3a

26%

26%

243A

•20%

20%

2034

20%

20%

*98%

99 Va

98%

99

900

483/4

49%

48%

49

12,100

102%

102%

*102%

102 'A

102'A

*102'A

104

5

673A

.«_i._100

179%

100

16%

16%

16%

65 Va

64

65

64%

64%

39

38%

38 3/a

38

38 Va

37%

373A

3.6C0

40%

41 Va

40%

41 Va

41%

423/8

42%

43 Va

43%

43%

8.900

100%

100 Va

10

Co

1

1

18

18%

100

♦75

77 Va

18

Mar 10

Jun

28

34% Dec

28

303/4 Feb

7

67% Sep
8
25 % Aug 12

60 % Jan

17

22% Jan

6

430

May

2

44

Aug 20

97% Oct

39

14

Mar 30

56

500

Jan

37% May

10
6

713/4 Apr
253/4 Apr

18

43% Feb

17

91% Mar

8

96

Jan

5

32% July 30

30

Jan

5

33% Apr

7

84

Jan

14

93% Sep
102

28

29

Nov

87% Mar 11

19

104% Oct

25

36% Nov

93% Jan
100

$5
N

30

16

107

34%

34 Va

96

95 %

175/8
973/4

80%

173/4

80%

17%

34%
95%
173'4

*96

973/4

79

80 Va

r

15%
*105%
34

5.400

1,300

15%

*15%

16

*105'/a

107

106

34

*95%
17%
*96

34

96

*95%

17%

17%

9734

80%

34
96

173/4

62 Va

61%

40

23,000

*96

973/4

10

79

80'a

2,900

17%

173/4

5,500

81%

18

18%

18

4

77%

*75

700

1.800

*75

77 Va

*75

77%

*75

77%

61 Va

62

62 Va

62

62 %

62

633/4

18

173/8

6,300

24-%

25

40%

41%

42,300

531'a

54%

3,900

51% Dec

23

48% Jan

6

19

25% Apr

11

29

8% Jan

4

16% Aug

18

8

89

38
Apr
6
107% Mar 31

111

47% May 17
13 % Jan
6

73% Dec

85% Jan

3

40% Jan

25

108% Mar 18

29

64% Jan

18

16% Aug 25

16

Jan

6

95

87% Jan

19

Mar 25

103% Apr
103% Dec
104

Dec

2

99% Mar 23

27

100% Feb

9

15

100% Feb

10

34% Dec

28

24

7% Jan

11

193/4 Dec

29

16% Jan

14% Jan

11

29% Dec

29
38% Not 26

26

May 12
6

Jan

18

31% Feb

1

54%

6,900

273A

27%

273/4

27 Va

273/4

2,000

*80%

82%

*80%

82%

*80 Va

943a

94%

94%

94%

*94%

95%

*94%

95 Va

*94 Va

82%
95'/a

Co

110

50

♦350

430

Co_10O

36%

37

100

Hartford

series A.

*360

430

36%

66'a

66

23 Va

23%

No par

40

40'a

393/4

S3.75 preferred
100
Niagara Mhk Pwr Corp com_No par
3.40% preferred
;
_10O

*94

Y

Shipbuilding

Corp

3/8

—

3.60%

preferred

,

100

___j

preferred

North

&

Northern

46% Apr
111% Apr

20

14

5%%

79 V* Apr

20

Central

373/a

36%

37%

5,700

67%

67 Va

67%

67

67 %

3,900

23%

23%

23'a

23%

23'/a

23«/«

1.000

40

39%

40 Va

40

40

393/4

40 y.

86'a
91
98

102%

*94
33

96

95

95

*94

96

33%

33

33%

*843a
*89%

85'/a
91

*96

98

102

102

32%

32

32 Va

57

55%

56%

56%

26

25%

25%

*25 Va

91

*89 Va

98

*96

102

32 Va

58'/a
26

<-

„

85 Va
91

98

102%

102%

32

32 Va

58

58%

*25%

26

_

*94

96

33

33%

*8*a'

4,700
60

85%

*89 %
97

~

102

91

10.700
ICO

98

210

102

270

32

32%

2.3C0

5734

58%

14,700

*25%

26

100

Co

52%

51%

54 Va

54%

55%

54%

55%

56%

17%

57 y«

17%

70,600

17%

17%

173/4

17%

18%

18

18'/.

21,200

50

10

*89
42

*109%

Pacific Ry
No par
No-thern States Pwr Co (Minn)—
Common
5

72'a

.-

90%
42%
110

73%

*89

413/4
109

723/4

90 Va
42

109%
73 Va

$3.60

preferred

series

100

*89'a

91

preferred

series

100

♦102%

103

103

103

4

$4.08

preferred

series

100

*101 %

102

102

102

103% Apr 20

$4.11

preferred

series

100

*101%

102%

*101%

102%

1

263/.

27%

26%

27 y4

23

23%

22%

23 Va

,

.

Inc

16%

16%

165/a

*89v4

16%
91

Inc

common__l0
25

34 Va

343/a

333/4

34 va!

Norwich Pharmacal Co

2.50

36%

37 Va

36%

37 Va

4.6%

*84%

33%

•

51%

$4.10

3

32 Va

85'a

33%

Va'

17 Va

9

35% Mar 28

37 Va

1

3

37% May

37%

1

Corp

100

Airlines

97

553A

preferred

Northwest

*89%
1013/4

*25%

Northern Natural Gas Co

Northrop Aircraft

*84%

25

2

Ry

96

33%

100

450

67

17% Mar

10

*360

36%

92% May

39% Jan

400

67

103V4 May 11

24 Va May 27

*360

23 Va

common—25

Ry

Northern

Jan

400

36%

32

Aviation

Capital

91

*96%
102'a

preferred

American

Northeast

*843/4

__100

._.

Western

Adjustment

32 3/4

100

preferred
Nopco Chemica Co

63 % Feb

103

*360

54

State Electric & Gas Corp—

Common

Norfolk

24

54%

*273/8

81

23

58% May 26
263/4 Feb
1

I8V4 May 26
91 Va May
4

53%

275/8

81

66'a

3.90%

28

53%

*27 Ve

81

No par

4.10%

26% Apr
52% Dec

23

&

x53 %

27 Va

81

1

York

3

4

29

9

5%

54 va

27 Va

No par

preferred
RR

533a

10

Corp

common

Haven

Preferred
New

14

14

Feb

92 Va May

20

Harlem

101 '/a Jan

12

45% Sep

May 10

&

New

103 % Apr
33
Jan

27% Mar 24

Mar 23

86

Y

N Y

13

Jan

2

*15%
"105 Va

8%

15'a

25 Va

non-cum

Mar 14

24% Jan

19 % Mar

17%
*96

16

107

2.300

8%
15 Va

41%

Common

18

87% Dec

20

26% Nov 26

603A

16

*105%

12%

8Va

New York Chic & St Louis Co—

Jan

N

18

16%
107

12 Va

15 va

8'/a
15

403a

6

Oct

12%

*12 Va

8%
15 Va

25

515

101

12%

8

*15

25%

12

7

12

8 Va

15 Va

41 Va

95% Jan

4

12

8

15

39%

90

12

12

8'/a
15

25 Ve

12

Jan

12 Va

253a

Oct

Jan

11%

40

3.500
24.100

40%

97

99

11%

393/4

14

85

44

11%

%

25%

Dock

100% July

44

11

25 Va

City Omnibus

4

43%

10%

*99

403a

York

13% Jan

100

43%

11

25 Va

York

2

*99

44%

10%

39%

New

53% July

99%

44

10%

5

4

Jun

993/4

44

10 5/a

Central-——No par

York

86 % Jan

81

99%

43%

11

83%

80% May 16

39% Jan

64

44

8

10

*16%

103/4

803/4

13

6

101

17

44
:

15

.___

Oct

17% Jan

101

5

Mining Corp
Industries common

95

7

9.400

16%

383/4

17%

New

25

2,700

163/4
x65v8

39

973A

% Apr 19
33% Feb 24

Jan

17

64%

16%
66 Va

17%

26% Mav 12

Jun

1.900
2.300

38%

973A

48

92

20

11%

26%

163A

Electric System
1
Pr & Lt Co 4% pfd_100

16

100

156%

11%
26 Va

65%

1

28

5

*155

.

10

Fibre

31% Dec

Jan

155

No par

_1

54% Dec

86

155

No par

100

63

4

154

11%

Pa com

32% Apr 21
15% Mar 9

25

154

263/4

43

82% Jan

154%

11%

5

27% Jan

*153

263/4

313/4 Jan

7

154 Va

11%

29

Jun

190

26%

34% Dec

91

178 Va

11%

11

28

14.800

178%

26%

18% Jan

35% Apr

71%

178%

113a

New York Air Brake

2

70 Va

177%

69%

26 Va

Newport News Ship & Dry Dock—1

7

70%

178

67%

ll3/4

783/4 Mar 30

Apr
14% Apr

68%

178

26%

29

51

673a
177'/a

11'/a

7

Mar 23

663/4
x177%

26'/a

preferred

80

%

179'a

11%

7

Apr

102%

26%

23% Jan

22

102%

1

413/4 Jan

348

*153

68

105

Cast-No par

10

85% Jan

21,300

20%

27% Dec

20

20.700

49

49% Nov 30

Jan

25%

99

England

New

253A

20%

4

19

26%

48%

18 % Jan

% Apr

8,800
10.000

99

Jersey

4 V4 r!o

193/4

40%

48'/a

34 "a

Newport

9.300

19%

39%

*,

99

*95%

Newmont

23%,

19%

4

4

74.300

•;

40

25% Jan

Mar

18'/.
31'/a

23%

20'/8

4%%', preferred

18

Apr

17%
31

37

New

13

18%

31%

97

New

18% Dec

173/4

30%

*95%

4

12
May 11
67% Jan
5

17% :l
30%

*36%

2

18

101

3,900

17%
30

100

Mar

7

97% May 20
69% Jan 18

23%

17 Va

30'a

common—No par

Feb

16% Jan

2

22
31

23%

173/b
30

16 Va

Newberry Co (J J)
33/4 % preferred

73 % Dec

11,600

17%

*105%

8

100% Dec

12,500

41%

303/4

1

9

14

320

13%

41

17%

100

373/4 Mar

11

23%

182%

13%

47%

common

96

May

182
"r

13%

41%

30%

No par

4
90% Mar 16

33 Ve May

12

23%

181%

13'A
40%

99

____

Bros

23%

179

'

6.60C

11.100

21

.

105

10

x23%

-

14

40%

3.10C

%

49%

Inc

Corp

10

Feb

24%

24'A

179

42

99%

common

National

Nelii

13%
40%

17

41%

£*• 41%

'

20%

new

Supply (The)
preferred

Natomas Co

Feb

Oct

Shares Corp

4% %

2

179

13%
40 3/4

42%

16%
40%

40

41%

48%

Steel Corp
___;
National Sugar Ref Co

National Tea Co

40% Jan

78

19

179

13vs
40%

1,000
14,200

99'A

National

10% Apr 19
15% Apr 12

Jan

15% Jan

31

1

31% Mar

4

4534 Apr 21
12% Apr 29
14% Feb 18

7 % Jan

July 26

14 Va Dec

Mar

103 % May

Apr

ll3/0 Jan

8

21

26
42% Mar 25

723/4 Apr

*178

13

41%

■

230

55%
25 '/a

1

Corp

Malleable & Steel

48% Feb

Jan

33% Jan

180

12%
40%

17 Va

38'A

:

5

common

26

58

*177%

16%

16%

120

55

24%

100

preferred A_:_»^.

23

4

94

National Lead Co

Feb

6

41%

-

_No par

14

31

38%

41%

common—5

$4.50 preferred

28% Apr

Dec

37%

41 5/b

1

195l_

31

34 % Dec

373a

41 Va

5

common

11

66

16%

37%

41%

1

1

Prod

11% Jan

4

Jan

National Distillers

1%

16%

38

41 Va

__25

Stores—

23% Jan

17

Jan

Department

4 Vt %
pfd series of
National Gypsum Co

f

17

373A

common—_1

National Dairy Products

14

6% Feb

105

Co

preferred
Cylinder Gas Co

31

28 % Jan

Jan

4

Container

13% Dec

4

14

Apr

54%
25 Va

_5

conv

27% Dec

4

Jan

105

54%
243A

10

15

Jan

90

28% May

54%
24%

1

17

24'a

120

54%

5

Inc

Corp

29

26% Jan
24% Jan

>

Jan

23% Jan

16% Apr
46

3

$1.25

543a

233/4

10

Fibres

common

National Cash Register new__
National City Lines Inc

28% Dec

543/4

24%

24%
16%

Corp

preferred A

National

117%

55

24

100

Mar

45% Mar

182% May 27

117%

55

1

Airlines

19% Jan

30

Louis

1

National

15% Apr 21
4
10% Jan
5

St

National Acme Co

f

4

Feb

Nashville

62% Mar 10

'26% Jan

12% May 20
37

April

preferred

*89
42

110
73 %

16%

90%
423A
110

74%
16%

*89
42

90 Va

Va

42%

110 Va

110%

74%

75%

16%

163a

89%

89%

*89
42 va

*110

733A

16%

90%

42%

5,100

110%

220

74%

16.900

16%

7.400

90 Va

210

103

102 3/8

102%,

*102%

1023A

100

*101%

102

102

102

*101 Va

102

*101%

102 Va

102 v.

102 v8

101%

101%

70

27

28 %

28%

29 Va

29 Va

30 Va

70,800

22%

23 Va

23 Va

23%

23%

24 Va

22,300

34%

34%

35 Va

35%

35%

8,900

37%

37

37

36%

36%

2,300

46%

3,000

90%
103

33%
*37

903/8

*89

100

o
38% Jan

44% Aug 18

102% Jan

109% Dec

31

92 % Jan

100 % Dec

9

106% Jan

110 % Jan

29

104% Jun

108% Aug 30

54% Jan

70

43% Jan

1053/4 Mar 17
95% Jan 20
107% May 23
106 % Mar 11

Dec

7

64% Jan

33% Dec

27

31% Jan

34

20% Jan

4

18% Jan

20

1013/4 Nov

9

21% Jun

9

For

20% Aug

2

102 V2 Nov 24
24% Dec

footnotes

see




100

20

May 16

18% Jan

28

20

32.

Jan

19

22% Feb

21

page

6

1

49

Apr 21

Ohio

Edison

110 V. Apr 14
100% Apr 22

4.40%

109

3.90%

Co

12

common

Jan

14

4.56%

preferred

108% Jan

12

4.44%

76% Feb

1

35% May 24

19% May 17
103 Va May 13
25 Va Apr

25

Ohio

Oil

46 34

46%

463/+

47

x46%

46%

46%

108'A

108%

108%

107 "4

108

107%

107%

106%

*99

100

100

100

*98%

99 Va

*98%

100

__.

47'a

108'a

100

preferred

35% May 20

107'a

107 v4

*107

107%

107%

*107

107%

100

No par

Co

*107

4%

Gas

&

69

Preferred 4.24%
Natural

107%
*107

99%

107
99 Va

23C
40

108

108

108

108

108

170

107%

107

107

*107

108

20

70 Va

67

68%

67%

68

67%

68%

68

69

6,900

34%

35%

34

343A

34

34%

34

34 Va

34%

34%

7,500

35%

35%

355/8

35%

353's

353A

35%

35%

35%

35%

20

Elec

preferred

Oklahoma

99%

10

3,300

♦19%

19%

*19%

19%

*19%

19%

19%

19%

*19%

19%

102%

*101%

102%

23%

*23 3a

23%

"When issued"
Oklahoma

47

100

preferred
preferred

series

Gas

Co

com

100

7.50

*102

23%

102%

23%

♦102

23%

102%

*102

102%

23%

23

23%

•102

23%

100

2,400

Volume

Number 5433

131

.

.

The Commercial and Financial Chronicle

.

(2485)

NEW YORK STOCK EXCHANGE STOCK RECORD
Range for Previous

STOCKS

Year 1954

Lowest

NEW

Range since Jan. 1

Highest

Lowest

Olin

38

Feb

16

60% Dee

3

204

Jan

5

127% Dec

3

9ft Jan

4

15

Jan

4

44% Jan

11

69% Dec

23

July 23

35% Not

£3

Apr

73

49% Mar 14
114

Jan

Dec 31

13% Jan

6

97% Dec 30

94% Jan

10

8

58% Apr

26

106 % May

61% Jan

18

5

31% Jan

6

89 % Apr

29

13% Mar 11

16% Jan

4

Jan

3

16% Jan

76

67% Jan 17
98% Jan
6

97% Apr

557a

1207a

15%

15%

11

11

Jan

77% Jan

16

Dec 23

104% Dec 31

12

Outboard Marine &

14

Jan

24% Jan
92

20

26% Dm 23

Jan

7

97

11

12

21

Dec 21

7% Jan

.

101

Sep 22

-Mar 14

93

28% May

Apr 22

10% Feb

Oxford

$5

May 24

16 %

May 16
21% May 13
29% Jan

40

39% Jan

4

46% Dec 31

33% Feb

15

38% July 14

23

12

46

Jan

114% Jan

13

237% Jan

4

Oct

6

.44% Mar 15

37% Jan

128% Jan

7

142% Mar 10

9% Dec 31

Co

Finance
Gas

651/8

5,500

3J %

3J%

91

91

3,800

90

*16
124

^_15

--

Jan

3

67c

3

12

Jan

5

Pacific

May 16

52

Mar

3

Pacific Western Oil

*16

123'%

46'%

99

10%
20

24

41%

47%

Telep & Teleg common_100
preferred
100
Consolidated

27'%

19'/2

24'/4

137%
>-•-

Corp—1

137% "

147

148
'

8

Corp common.4

9% Jan

12

18

20% Feb

18

Pan

1

19%

20-74

88

Apr

18

Panhandle East Pipe L com__No par

8174

82

104

Jan

3

13

Apr

98% May 17
36

Jan

6

21% May

6

45% DM 31

41

Feb

14

9% Jan

6

22

38% Dec

3

34% Feb

45% Aug 19

41% Jan

9% Feb

17

11% Dec 27

10% Jan

6

7% Feb 23

-

preferred
Oil

2% Apr 26
20% May 11

15% Dec 23

14% Jan

6

7

49% Dec 29

47

Jan

7

4

38% Oct

86% Jan
34

Patino

5

&

10

44% Mar

Peninsular

400

42

42'/a

42'%

42%

2,900

47%

48

47%

48

6,500

4074

407a

40'/4

40

40'A

6,200

42

41

41

*41

42

100

138

138%

138%

138%

-138%

138%

14772

'

1477a

148 '/a

148%

*147

148 %

87a

7%

8 %

7%

42 %

8

41%

42%

41%

42%

41'A

1,110
•

8

150

9,800

41%

12,400

9'/4

*9

9'/4

9'/a

300

19%

19%

20'A

20

20%

20 Vb

20'%

67,000

81%

82%

80'A

81

80 '/a

8174

8074

81'A

3,700

101 «/2

*100'%

*9

102

*9

91/4

*100

♦9

101'%

40

11%

10%

11%

11%

11%

11'A

11%

33,700

43

43%

431/8

43%

43

43 3 a

8,100

*46

471/4

*45%

47

*46

42 72

100

*100

102 7a

*46

47

43

42'a

427a

43

46%

46%

*46

12 74

12'/a

127a

1274

4%

4%

4%

:

43'A

46%

121/4

12%

13%

6,200

4%

4»A

4%

13,500

4%

•

47

42%
46%

47a

12'A

4%

*46

43 74

46%

12 74

46%

1274

47

42%

43 7a

46%

47a

-

*46

8,300
200

7%

77a

7%

7%

7%

7%

7%

7%

21%

22 '

8

21'/4

21%

21%

217a

21 «/2

21%

21 %

21%

13,300
29,600

537a

53%

x53 7t

53%

52%

5372

53%

53%

53%

53%

1,200

41'A

4172

411/2

42

42

1,300

7%

25 ■'■■■
No par

No par

common

100

*4572

___5

common

Telep
preferred

1,500

43

1

Penick & Ford

8

24%

10 '/a

No par

prior preferred

conv

24%

42%

2.50

Enterprises

Peabody Coal Co

-

Co

Transportation

Mines

24»/4

10%

Parker

Parmelee

24V4

43%

12

Proof

2,5j0

10 7a

22

Rust

20'A

x1972

97s

*100

197a

x42%

Apr

5

9

20

1

Apr

8% May 9
22% May 10
54% Feb 14

6

-

100

Corp.

50

7% Jan

35

•

Pictures Corp.:
__1
Park & Tilford Distillers Corp
1
Parke Davis & Co
No par

13% May 27

4% May 27

8

Inc

•'Paramount

9

47% May

6

3% Mar 12

*

9

15

4% Jan

Airways

51 %

30% Jun

35% Jan

5% Dec 23

4r/0

__10

1

World

Panhandle

1

44% May

preferred
Amer

1972

48

8 7a

41%

470

11

42%

*41

148

8

42%

31

99'%

40

,

137%

*14772

87a

4172

27'%

11

42

••

42%

137%

17,600

26%
*98'%

11'/a

47%

48

40%

*41

280

9972

*11

-

47%

39%

42

•'•

6,100

2474

X241/4

42 7a

41%
'■

2,300

44

100'%

27%

20

24

123

43%-

100'%

99%

Hi/4

20

122

44%

100'%

277a

99%

11'/4

122

44 7a

100

27%

9972

40%

*41

45%
100%

20

48%-'

40%

—No par

121

44%

11'/4

41%

25

-

1,400

27%

24%

10

100

95'%

99%

211/4

50

16 %

95

27%

10%

93

*16

93'%

9972

5

91

16'%

93

100%

101

91

*16

123

122

45%

91

167a
92

*10%

27%
100

/

91

90'%

1247a

45'A
100%

No par

Mills

Tin

-

16

89%

100

27%

100

*90

16

89%

125

45%
100

No par

Inc

90

167a
90%

89'%

5
12.50

71% Jan

11% Dec 29

730

65'%

39%

Electric

&

150

40% Dec 30

106 74

65'%

'16% Jan

.

105

15,200

39

Lighting Corp

Pacific

4

400

67,000

647a

Corp-

Pacific
Pacific

May 11

4

105'%

16%

39%

84% Apr 19
104% Deo
7

4

105

54%

118'A

16'%

647a

1

1

4%

104

53%
118 »/4

16%

64'%

com

2

<■

15%

39%

_25

139

7% May 26

104

54%
120

♦1187a

157a

39%

preferred

Pacific

8% May
38

104'%

547a

119

15%

64'%

new

4

Jan

30% Jan

5%

54%

119

15%

*103'%

30% DM 29

/

4

May

Coast

Pacific

17

43% Jan

26% Jan

•r.

Pacific

54%

120

15'%

39%

preferred

41% Mar

Aug 24
O

inc

Fisheries

Amer

48% Mar

6

25

45% Dec 1*
9% Dec 10

25

97% Jan

Feb

37% Jan

154% NOT

».

9% Jan

May 19

44

17

July 12

140 v

4% May 18
28% July 20
•% Jan
5
•7

NOT 20

25

37% Jan

4

22% May 19

54%

54'%

63'A

No par

conv

cum

Pacific

Shares

63%

Co common

Paper

Products

4%

May 3
12% Mar 10

for

the Week

39%

(The)

preferred

Pabco

2

101

8

May 27

39:%

Owens-Illinois Glass Co

131% May 10
46% May 17

17

Friday

May 26

1

Mfg

Owens-Corning Fiberglas Corp

Mar 14

Sales

Thursday

No par

Overland Corp

Feb

PRICES

SALE

May 25

120
-

104

63'A

__83%c

Outlet Co

99

103'%

__No par

4

11

34

.

Elevator

Jan

45% Apr

94

,

54'%
118'%

4

50

,,

5

Otis

HIGH

Wednesday

May 24

preference 1951 series—100
Oliver Corp common
1
4%% convertible preferred—100

27

AND

Tuesday

Chemical Corp—

Mathieson

Conv

31

68

Monday
May rfS

Par

Common

15

124% Apr 15
17% Mar 2

Dec

99

29

LOW

STOCK

YORK

EXCHANGE

Highest

;•■

7%

1

-

23

Peb

10

41%

41

14

41'/a

25% Jan

6

27

28

29% Mar

*24

29% Feb

24

24%

*24

27% Mar 17

24%

$1.32

24%

24%

5

24%

*24

Oct

preferred

—25

29

29

*29

27% Jan 20

29%

29%

29% Jan 29

29

*29

24

*28 74

*29

27% Jun

29% May

3

$1.30

preferred

__25

*28 74

29

29

*2874

29

28'/4

28 V*

*28'A

90%

91 %

91

91'%

4,200

34»/4

34

34%

13,800

73% Jan

26

Dec

93

4

28

7

Dec

Feb

83

Jan

11

30% Apr

20

19

200% Feb

65

Dec

Apr.

11

Penney

(J C)

Co

No par

92 7a

93

1

33%

Penn-Dixie

2

Cement

Corp

May 25

I

57

44

May 26
Jan

Rights

3

48% Feb

25

Penna

34Vb

Sand

Power

new___

18

113

Oct

25

107% Jan

6

113% Apr 20

472%

108

NOT

4

105% Jan

3

108 % Apr

4.40%

series

15% Mar 25

25

Dec

29

41

2

53

Not 30

45% Mar 14

51% Feb

15

Pennsylvania Salt

5

22% Dec

13

19

22% Apr

11

Mar 18

14

34% Jan

common.l

*457a

No par

467a

Penn-Texas Corp

35% Dec

Mar

11% Jan
234% Jan
33

4

13% Jan
46

169

22

Sep 21

6

Jan

29% Mar

May 12
26

37% May 25

12

73% NOT 16

66% May 18
104% Jan 18

73% Feb

11

Pet

106% Jan

5

6

29% Feb

10

4

II

Jan

8

50

May 25

Aug 27
26

15% Jan

11

39% Dec

31

26

Jan

9

May

36% Jan

173

200% Jun

29

112% Mar 30

107

Jan

12

30% Jan

4

52% Dec 29

48

Jan

6

4
11

94

203

207

25

6

Jan

18

110% Jan

31

Oct

4

May 28

103

Oct

22

97

Jan

31

Jan

107% Sep

30

104

J&n

28

Jan

28

Feb

$3

Jan

34% July
Jun

11
11

110

3

14

17

Mar

May

5

108

Dec

22

May 26
12% Jan
6

39% Deo

3

35% Mar 17

Mar

4

40% Mar

111

Mar 30

87% Mar 15

97

Jan

4

6

37% Feb

21

43% Apr

29

8

87% Feb

21

92

Jan

11

May

9

87 % May
40% Jan

4

9

9

45% Aug

3

34% Apr 29

93% Feb

5

2

95% May 13

97% Mar 14

53% Jan

4

97% Apr
75% Dec

69% Jan

79

10% July 15

16

Aug

5

35

63% Dec

20

200

Jan

July

12

9

21

Jan

11

313

NOT

1

16% Nov

104

Sep
37% Dec

115

1

Dec

24% Dec

II

Mar 16

46% Jan

27

102

7

Mar 21

33% Jan

29

Mar

15

17

96% May 13

42% Mar

3

76% Dec

30

67% Feb

7

83

13

18% Dec 23

July

1

160

Apr

Bep

8

169

Mar

Jun

9

82

15% Mar 14

15

158% Jan

5

Mar 29

May 27

•18% Apr

18

31

164

May 24

7

172

May

Mar 14

79

164% Mar

71% NOT 29

92

62

3

May 5
8% May 16

6% Jan

4

16

7% Mar 21

12% Jan

4

30% Dec 31

30% Jan

3

60% Jan

4

80

Dec

30

22% May 17
76% Mar 11

80% Jan

31

62% Jan

11

87

Dec

29

85

907a Feb

24

20

25% Jan

18% Oct
246

Jun

29
3

18% Jan

8

89% Jan

11

8% Dec

27% Dec
150

Aug 26
Dec

31

21

18 % NOT

150

29

122% Dec

Mar 14

30

Jan

6
25

24% Mar 14

28% Feb
156

30% Jan

19 % Mar 15
19% Jan
5

& May 24

80

Jan

33% Jan

18

46% Nov

35% Jan

7

43

82% Jan

7

92 % Mar

25% Jan

12

25

Sep

15

.

.

27

3*2 May 24
102

Mar

20

17

87% Feb

1

12% Jan
447a May

23

2

38% Mar 14

3

Mar 19

26% Dec

8

10% May 12
77% Jan
6

Aug 10

84
-

Mar 21

25% Jan

3

24% Mar 15
114

Apr

11

42% May

122

July 20

104% NOT

9

16

33% Mar 14

38%

38%

38%

25%

2572

25%

25%

105

113

113

Apr

12

38% Apr

15

112

11274

*9972

10074

38%

38%
25%

257a

112

*111

108

*108

109

10972

108

15

14%

15

15

15 74

15 7t

15%

15'A

1572

16,400

397a

39'A

40

39%

39%

397a

40

39%

39%

10,900

100

*9572

40%
97

105%
*108

105%
10972

9672

*95

95
41 Vb

40%

9072

90'/a

*88%

3.9% series preferred—
_100
Phillips Jones Corp common_No par

*86 7a

88

*86'/a

88

*35

36

*35

36

preferred

_100

*9572

No par

Petroleum

72%

5

*11

56

No par
:

*103

104 %

2

-•

RR

—100

(conv)
Coal

Forgings

No par
Co

1

Co

1

5% preferred class A—
51/2% 1st series prior pfd__,

*9372
75

16%

*103
x48

120

*114

24%

&

__

B

___

Co

cum

Serv

preferred

Co

of

Co

4.25%
Pub

preferred
preferred

Serv El

&

Gas

4.08%
4.18%

27

27'%

277a

22'%

22

33'%

33'/a

Pure

30% Mar 30

33% Jan

11

Quaker

153% Jan

3

Oil

(The)

new

26%

4,600
230

26'/a

26%

27

100

27'/4

27%

26%

2774

117%

11772

II71/2

*2274

22%

22'A

*21%

3374

33%

33'A

33%

33 74

33%

3,700

44

44'A

44%

3,900

116

117

116
22

500

2 2'A

42%

42%

21

21

21

21

20%

20%

2174

21

2174

20%

21%

21

21%

15,100
286,400

95 Vb

95%

95%

95%

5

27
116

*146%

*146%

20%

95

No par

2,200

27

27

27

26%

42%

10%

11

801/2

80%

43

43'%

41%

26

31%
31%

18

600

2 7'A

20%

121%

11

200

88%

20%

31%
31%

73% Feb

79%

*88'A

42%

121 %

41% Apr

*78%

88%

21%

100

9

79 '/a

88

21

21%

36
60
35%

7,300

78%

43'A

42'%

Co..10

23;%

73

42%

*20%

100

11,600

*

1161/2

118

.10

*103
*10372

7,800

8%

24%

88

88

33%

*25

73%

78%

23%
*78

22

33%

27'%

130

8'A

73%

73

.

*146%

*116'A

30

173

24%

8%

27»/4

167

♦168'A

8%

73%

8%

26%

*163

24%

72%

8%

*146%*

1672

210

8'A

7374

872

88

16%
170

170

100

91

23%

72%

*8672

♦

*90

1 167

'*163
1

„

common_No par

preferred

1,500

•

,16'A

16%
167

88'%

preference com__No par
preferred
100

16'%

•r

167

*87'%

$1.40 div

4,900

167

78%

25

83

*163

23'%

10

79

164

23%

No par

Colorado

78 Vi

170

*77%

No par

_

76

164

1

.

94%

168

78'%

2,800

94%

167

23%

24'/a

93%

175

23'A

23%

24%
91

75

8'%

40

1,500

120

*114

120

3,600

49

93%-*

94 V*

76

48%

24

75

x8%

48'/a

5674
105

*103

104

18,800

12'%

54%

91 *

9474

16'/2

*11

24%

75

16%

5674

36

91

95 74

10

_

_

Power

56'A

*114

*93'/2

16%

12 7a

*11

48

x75

16%

73%

103

*163

♦146%

74

48 7a

*170

73%

97

73'A

56 74

75%

5

_

*89%

100

87 »/4

*35

*957a

72'/a

120

24 74

24%
91

1

preferred

Gamble

Serv

*89%

*114

120

*86'%

36

72%

95 '%

Rights
Procter

24'/4

SI

*48'/2

88

97

104 72

*103

48 74

100

common

56 74

104%

49

97

16,500

91'%

*35

I2V2

♦11

56

*7772

_

class

2472
*89%

71%

42

*88%

*95'/2

1

40

96'%

*95

40%

41

10

91'/a

*8672

88

36

*9572

12 72

22'%

(The)

convertible

Electric

*114

35

72%

100

& W'est Virginia- —100
100
Pittsburgh Young & Ash pfd

Co

*4772

*86%

97

100

—

Pittsburgh

Co

71%

12%

Pittsburgh Plate Glass Co
—10
Pittsburgh Screw & Bolt
No par
Pittsburgh Steel Co common.
10

5'%,%

73 %

561/4

Wayne & Chic Ry com.100
guaranteed preferred
100

Pittston

*95'/2

97

56

Ft

7%

*1]

95

25

common

preferred

Pittsburgh
Pitts

520

1061/4

*108

14%

95

Consolidation

200

106

40%

Pitts

200

101'A

♦99%

9572

preferred

11,200

*105%

40%

$4.80

5,200

25%

106 74

90%

L

38%
112

*111

101%

4072

St

x25%

15,100

10674

*88%

&

x38%

1,010

53%

*99 72

40%

C

53%

100

90 '/a

C

118 Va

117

112

4074

$4

2,700
20,500

100

*8872

Hosiery
Mills Inc

300

9 '/4

49%

112

*105%

_100

Pillsbury

28%

1

preferred series A

Puget Sound Power & Light
Pullman Inc

56% May

3872

25 %

50

3

34% May 12

29

38%

2574

4.16%

1037a May 25

53%

38%

6

6

119%

53%

No par

26

103% Apr

11872

53%

86

2

118

52%

41%

7

4974

9%
47 %

97a

9

9%

1177a

47%
115

26,500

105

28%

28%

491/4

*25'.%

23

♦103'%

29

50

52%

*85%

May 27

9

9%

6574

700

65

105

*2872

*63

105

117%

25

33% Apr

28%

28%

*63'A

*103 72

65%

*10372

52 7a

48%

100

31% Feb

*63

65%
105

52%

117

Indiana—No par

3

9

21%

52 %

of

18

28%

9 7o

preferred

29% Jan

*103'%

29

9

47%

preferred

28% Jan

7

*28 7a

*63'

65V2
105

4.32%

31

66% Dec

22

3'/2%

29% Aug 17

4

21%

21%

common. _5

Public

31% Dec

40% Jan

22 78

21%

21

89% Jan

26% Apr
26 74 Apr

4

190% Feb

21%

21%

11574

common

Philip Morris & Co Ltd
4% preferred

$4.75

4

102

22 74

2172

109%

Public

25% Jan

99% Mar

1,200

Publicker Industries Inc common__5

80% Feb

25% Jan

97% Jun

700

78V2

*108

Creek Pocahontas.

29

20% NOT 24

72% Mar 16

157 Va

76

73

*10574

&

20% Dec

7

31

X157

75%

156 »/2

72

100

Poor

4

16% Jan

12% Dec

15972

747a

156

74%

48%

preferred

Potomac

14% Jan

9% Mar 31

*157

747a

*62%

Reading Coal & Iron

22% Apr 28

37% Jan 26

Feb

15972

*72

157

99%

Plough Inc
Plymouth Oil Co

6

7

91

*157

100

Pond

29% Jan

40% Dec

20

19,500

37 Va

48

No par

com

Apr 14
35% Mar 18

8

32% Dec 30

4

99% Dec

4,400

20%

26%

27

100

common

preference

44% May 27
23% Jan 13

16% Feb

4

May

48

48 Va

105%

5 %

58,800

37%

26'%

12.50

26

1

Jan

22

17

3
3

19%

27»%

20

*10372

(conv)

122

Jan

47 74

370

1,815

27 Va

47'A

5

14

24

Feb

14
25

2774

37V2

5

Co

108% Jan

10% Feb

08

Jan

27 7a

27

3,100

"

106

*105

207a

Pitts Coke & Chem Co com__No par
$5 convertible preferred
No par

6

13

106

*37

21

Jan

112

10572

xl06%

3772

Apr

83

111

111

xll2

107 72

20%

26

21% Jan
84% Jan

110'%

V 113
106%

112

37

Pitts

21

112

*107 74

188,400

16

37

23

31

46

*36»/2

Feb

Dec

48

45%

36%

116

90% Sep

*46 Vb

46

367a

Pitney-Bowes Inc

87

1

47%

45%

20%

997a

3%%

ift

*46

46

x47 '/a

No par

_

Corp

Corp

lft

477a

x45%

47%

100

&

1

*46

46%

20%

100

4.68%

1 '/a

47

2074

May 27

6

11% Jan

"

47'/4

preferred

Phoenix

4

158

34

201/4

preferred

6
14

107%

4.3%

22

49

112

3.8%
,

46 Va

46%

preferred

13% Apr

Jan

155

34%

4874

Co Inc common__l

Electric Co

59% Apr
104% Feb

6

&

preferred

conv

Phillips

77% Jan

80

347a

*45'%

47

4.4%

7

Feb

115

31

6

$1

Philco

13

6

Phila

29

Apr

Brewing

2nd

41% Apr

Dec

Mar 11

4%

Phila

95

31

34%

47%

100

common

Corp of America

Phelps-Dodge

15

44% Jan

Co

(Chasi

16% Apr

96

84

Pfizer

7

2

90

34

20

<—33'%c

preferred

Pfeiffer

7

26% Mar

Milk

472%

119% May 26
57% Mar 29

115% Apr 19
102% May 2
107% Apr
1

& Eastern Ry Co

Petroleum

4

7

23

82% July 20
29

37% Jan

3

115

7% May

83

39% May 26
26% Jun

5

91'/4

93

267a

5

Pepsi-Cola Co

Not

92%

10

*73

23% Apr

28

30

29

10

Mfg Co,

156

17% Mar 14

108

20

29%

27 74

100

31

4

23% Jan

50

100

25

9

*107

Peoria

8

Jan

11

112

100

78% May 27

Feb

52

Feb

32% Jan

__100

preferred™)

Peoples Drug Stores Inc
Peoples Gas Light & Coke

155

18% Jan

9
Aug 30
20% Jun 20

com

Pennsylvania RR

18% Dec

4

Jan

3

10

201% Feb

206

25

67% Dec

Mar 28

380

24%
'

1

Corp

&

Mar 18

31

24'%

,

92 74

,

-

Glass

Penn

Light
preferred :

204

*28'/4

4174

*

35% May

May 4
41% Mar 14

6

45% Dec 31

4

98

41 %

25

"

I

37% Apr
35% Jan

,
"

$1

104

7

Vb

Vb

32

957a.

95%

95%

3,400

10%

4,200

1/8

32

95 74

95%

600

32

10%

10%

10%

8072

X80

80

.78%

79'A

*77%

78'%

42%

42%

43

43

42%

427a

42%

42%

3,500

41%

41%

41%

41%

41%

41%

41%

41%

2,900

87

*8674

87%

86'A

86'A

*86'A

87'%

100

86

26

25%

25%

25%

26

*25'%

26

26

•25'A

26

121%

122

10%
*80

*2572
*25

10%

10%

26

*25

10%

*25

26

12172

1211/4

12174

121%

311/2

31%

x31 '/a

31%

31 Vb

31%

31%

x31'/a

31'/2

31'/a

121

*103

104

X103

*103

103%

103

121%

160

800

1,200

31%

15,000

31%

30 Vb

31 Va

4,600

J 03%

103'%

103'%

103

104 v

104

120

31%

31

110

104%

*103'%

104%

X102 »/4

103 74

36%

36%

37%

36%

37

36%

37

36%
6074
36%

3674

6,300

61

60

60%

3,900

60 '/a

60'A

36'/a

35%

36%

36'%

37

607a

60%

35%

35%

x60

35%

15,400

Q
28

Jan

143

Jan

5

21% Jan

15

4

35y4 Deo
158

27% Nov

For footnotes




Dec

see

7

3
18

page

148

Mar 15

26% Jan

32.

6

317i May

6

6r'c

Oats

Co

preferred

(The)

common„5
100

Quaker State Oil Refining Corp__10

31%
*151

31

32'A

32%

32

32'A

32'%

32'A

32%

1527a

*151

152'%

152'%

152'%

*152'A

154

30'%

30%

30%

31

31

* " 307a

30%-

•

1

32'A

32 3 a

152'%

152'%

*30%

31

5,000
,

170

1,500

29

The Commercial and Financial Chronicle

SO

.

.

.

(2486)

NEW YORK STOCK EXCHANGE
Range for

NEW

Range since Jan. 1

Year 1954

LOW

Monday
Par

AND

HIGH

SALE

PRICES

May ;U

Sales for

inursday

Friday

May Aii

Weantsduy
May S5

Tuesday

May iA

STOCK

YORK

EXCHANGE

Highest

Lowest

Highest

Lowest

RECORD

STOCK

STOCKS

Previous

Monday, May 30, 1955

May £7

tne

week

Snares

E
22% Jail
76

Jan

11
4

28
4% Mar
1
2% Jan

80% Jan

12

Jan

4

37

39 Y4 Dec
86 y2 Nov

8% Dec
10 y« Dec

29

36% Jan

5

5

86 % Apr

10

6

7

22

8% Mar 14
Jan

47

0

Jbeo

105

7
6

23

67 V* Jan

31% Jan

4

39% Oct

15

37% Apr

1

8% Jan

11

20% Dec

31

18

Jan

lb

25 y* Jan

26% Jan

«

13

Nov

62

Dec

42% Dec

31% Jan

29

29

34

40

Jan

5

36

Sep

7

29% Jan

5

4

13
1
22 y2 Dec 31

34% Jan

Jun

12% Apr 27

18% July 22

1

30% Jan

28

26

Feb

16% Jan

16

39

24

15

36% Mar

6

32

38% Feb

Feb

4%

43% Mar 30

Real

19y8 Mar 22

27% May 12

Reed

13

6

17

Jan

3

8% Dec

20

7% Jan

3

11% Feb

14

24% July

1
7

31% Dec

31

28% Feb

2

35% May 23

8 V» May

55% May 19

14% Dec

31

12% Feb

Dec

23

01% May 10

64

4

48% Mar 17

bu

86

8 ',3

8%

9%

10,500

8%

8 (a

8%

8%

8%

8%

8-/4

8 'a

9

9%

26,o0J

Republic Steel

37% Fet> 24

70% Dec

31

64

May 16
6

77 % Apr

22

8% Dec

13

51% Jan

33% July
46

78

12

2

Mar 16

July

Dec

3

Dec

109% Jan

22

44 V* Dec

Jan

7% Mar 14

3

125

54

2

88

Feb

Mar

20
11

Mar 14

51

10

82

Jan

26

25

9% May 27
178% May 20
46% May
55

9

Revere

Reynolds

91

24 % Jan

Jan

19

Jan

18

105% Dec

29

102

Apr

1

26

Oct

4

6% May 27

21% May 12

Rockwell Spring

370

Apr

18

Rohm

4%

4

Rohr

Dutch

18

23% Feb 21

Royal

38% May 27
13 V» Mar 14

38% Jan 28

47% 8ep

9

42% Apr

88% Jan
103% Jun

4
14

99% Oct

5

95% May 25

31% Jan

11

112% Oct

4

Dec

100% Apr

28

Jan

6

22% Jan

11

30

44
23

40

July 27
21

25% Mar 14

Dec

30

74

Jan

17

Co

49 V4 Feb

4

Safeway Stores

98% Feb

28

49% Apr 11
25 % May
2
33

May 25
84% May 25

Apr

6
9
-20% Jan 12
•3% Jan
4

296

Dec

21
29

284

Jan

17

320 % Apr

15

123

Apr

170

Dec

15

145

Apr

28

170

3

19

41% Dec

33% Mar 14

23

101"% Mar

43% May 27

7

103% Apr

13

Dec

27

17'/4 Apr 25

19% Jan

3

23% May 18
11
Jan
4

29% Dec

31

26

14% Dec

10

12% Jan

6

14% Feb

17% Apr 28
11% Jan
4
47% Sep 20

27% Dec

217/a Apr

25

27% Jan

3

24% Dec

31
31

Jan

6

29% Mar

4

89

98

14% May

May 26

103% NOV

66% Nov
Dec

5

22

8

108% Nov

16

25% Jan

4

34% Dec

89

NOT 10

22

98

Jan

23

33% Jan

6

103

85% Jan

4

113% Jan

19

Mar 31

22

30

8

22% Dec

42

Jan

4

80

Dec

7

24

Jan

4

33% Dec

15

30

102

Jan

6

Dec

17

104

17% Jan

108

69% Mar 14

31

Feb

107

Mar

7

38% ADr 25
92% May 18
126% Apr
23% Feb

2b
2

85

St

20

39% Jan

7

Dec

31

33% Jan

18

May 18

29
2

61% Dec

31

56

Jan

18

24% Dec

31

22%.Jan

6

Dec

20

14% May 16

43% Dec

31

39% Jan

6

47% Mar

38% Jan

Nov

8

3

55

13

10

66% Mar

7

27% Apr

19
lo
4

26%

27 %

49

Jan

6

1

54

Feb

9

bb

12
4

24% Dec

31

20% Jan

25

32% Aug 25
54% Dec 31

25% May

25% Aug 11
175
Aug 19

3% Jan
14% Jan

4

10% Dec

6

18% Dec

8

54

174

10
1

Mar

89% May 6
34
Jan 11

Dec

4

30% Jan 10

23

35

Mar 14

44% Jon

iQ

3

4

27

% May 11

M May 16

3,600

39

39%

39

39 %

39'%

38%

38%

3,000

13%

13%

13%

*13%

*13%

45%

44%

44%

96%

96

95%
107

107

107

39

39

*13%

13%

45

45%

*13%

103%

177/a

102%
17%

18 Va

12,400

——_15c

Scherlng
Scott

Corp

$4

—No par
Scovill M-fg Co common—;
—25
3.65% preferred ___,
'
100
4.30% conv preferred
100
preferred

Scranton

Elec

(The)

Co

116%

*117 %

23%

*22%

79% ■' 79%

—40

31%

$5.75 sink, fund

preferred—No par

*105%

Oil

Seiberling

Co

Shattuck

&

Shell Oil Co

A)

31%

32%

32 %

32%

32%

32%

32%

105'%

*105%

1Q6%

105 %

105%

*104 %

54%

54%

54%

20%

20%

20%

20%

85'%

85%

86

85%

86%

86%

87%

51

51%

51%

52

51%

51%

51%

52

51%

51%

10

10%

10%

10

10

*55

8%

56

♦10

8%

8%
56

56

10'/a

1,000

8%

8%

10,600

57 %

*56 %

57%

43%

43%

43%

44

44

44%

44%

44%

3,600

—No par

42%

41 Va

41%

41

%

42

42

42%

41 %

42%

4,300
2,200

G)_

*30

1

10 %

10 %

10%

^._No par

Pen Co——

10 %

*30

31

*29%

58

58 %

58 %

31

Simonds Saw & Steel-

58%

58

24%

%
24%

58%

24%

24%

24%

24%

24%

24

24%

_50c

16%

16%

16

16 '/a

15%

16 %

15%

16

15%

15%

7,300

43%

44

43%

43%

44

44

44%

44%

44%

45

2,600

51%

50 %

51

51

51

50

50%

900

25,600

*51

52

3%%

preferred

53 %

53%

53%

53%

53%

54%

54 %

54%

49%

48'%

4 9'A

48%

49 Va

49%

49%

49%

50

6,500

45%

45%

45%

45%

45%

45%

45%

44%

12%

12

12'A

11%

12%

12

*45

12%

5

10

*51'%

61

60%

60%

60

60

60

60

59%

23 %

23

23

22%

23

23

23

23

23

2

15%. Jan

6% Dec

29

7% Dec

29

4% Marie
82

Oct

4

88% Mar 31

106

.Jan

99

Nor

29

14

Jan

4

6% Jan

4

63% Jan
34% Jan

11

4

38% Jan
5
86% Jan
4
13% May 17
13% Jan 38

Dec

34% Feb

7

71

14

5

23% Jan
73% Apr

52

36% Mar 15
88

Mar 22

15% May 16
9% May 3
32,

2
10

14

15 % May 25
80

18

7

Apr 27

402% May

68% Mar 14

7




4

Feb

43% Jan

22

navl

4

10% Jan

31

15% Dec 20

For footnotes see

18

98% Feb

49% Nov 23
39% Dec 29

92% 8ep

Feb

10

18 .Mar 11
39% Jan 18

20

17% Dec

7

7 Mi Jan

Feb

59

11% Aug 12
70

27

5% May 17

80% Mar

23% Nov 30

45% Dec

Jun

29% May 5
24% Apr 12

6

.

19

3
,74% Aug
100% Dec 22

34% Oct 15

4

Apr 11
Apr 13

40% Mar

2

63% Apr 15
'20% Mar 4
16% Feb

11

10

60%

53

*51'%

53

'

430

1,000

26%

27

25%

26 %

25%

26%

26%

26%

26

26%

51%

52%

51 %

52

51%

52%

52

52%

22

22%

21%

21%

21%

52%
22%

52

1

22

22%

22%

23%

6,500

Solvay American Corp 4% pfd—100
South Amer Gold & Platinum—
1
South Carolina E & G Co com_4.50

*180

12%

18,000

19%

4,900

:5%

preferred

:

__

50

South Porto Rlpo Sugar com.No par
■

-8%

preferred

Southern

rightis

•

*180

—

12%

Xl2

13%

18%

18%

*52%

-

11%

52%

*52%

19

52%

32 %

33%

33%

32%

33%

36%

36%

36%

36%

48%

49 Va

48%

49%

19

52%

32%

32%

49

49%

49%

%

§i

11

u

20

20'A

20

20 %

20

20%

20%

20%

31%

31%

31%

31%

31%

31%

31%

31%

34%

34%

34 %

34%

x33%

34%

33%

34

33%

34%

11,200

60

61 Va

59%

60'A

x59 %

61%

60

61%

60 Va

61

33,200

30%

31 '/a

30%

30%

30 %

31

31%

31%

31

31%

15,200

94%

95

94%

96 7 a

97%

983/3

51%

51 %

41%

41%

51%

52

6,800
1,900

90

90

90

a—50

51%

a_1qo

*89....

-

'

ii

V«'

ii

1

93%.

.

95 Va

51%
.

f

*88%

91

A

**

97%

Southwestern Public Service Co

1

28 %.

28%

28'/a

28%

28 Va

18%

18%

19

19

19

19

*

5%

5%

5%

5%

5%

*6%

6%

6%

6%

6%

5%

5%

1

6%

*80%

6

68

t_100

*100

88

*80%

68%

4.20%
___:
preferred
Spencer; Kellogg A? Sons.
Sperry Corp (The) new
Spiegel Inc common
$4.50 preferred
Square D Co

2

14%

No par
5

79%

49%

Standard

No par

38%

39 %

$3.50 preferred
No par
Standard Coii Products Co Inc:
rl

--16Va

67%

80

48%

1

18%

—__1

67%

Electric Co_J

*18%

par

No par

common,

—1

*91

*100

101%,.
18%

.18%
67%

69%

15%'

14%
X79

88

101%

*100

102%

18%

69:%

18%

69%

18'%

71

10%

10%

618

*100

18%

66%

65%

1,500

6%

2,400
1,100

88

66%

3,800

101%

102 %

*100

18%

18

18%

4,400

72

71

72%

56,500

15 %

38,800

_

15

15

15 %

15%

15%

*79

79%

79%

79%

79%

79%

600

79

49! 4

48

48

47%

48%

3.100

38%

38%

39

38%

39 %

6,000

49'A

48%

38%

38%

91

91

91

91

16

16%

16%

16%

10%

5%

*80%

6,600

19%
5%

15

38%
'

5%

20

28%

28

*18%

7

*

*90%

10%

.

9%

10

•

91%

*90

91%

.

60

16%

16%

16%

163/4

7.200

10

10

10 Va

10%

3,700

~

16-%

19%

88

x70%

49

92

r 28%

91

*90

*80%
66%

68

67

91

*6%

"

88

*80%

67%

51'A

28

28 %

1

,

98%

51 %

*88%

Spalding (A G) & Bros Inc__
Sparks Withington Cp—
No
Spear & Co common
i

Standard Gas

35,200
1,400

700

ft

No par

com

161,500

20 %

preferred-

Inc

12,200

n

31%

Railway common

Brands

49%

-

_7.50

Mobile & Ohio stk tr ctfs

Co

36%

49

%

Southern

—

-

20

5

No par

$5.50 preferred
Spencer Chemical

2,800

31%

,'j

South'n Pacific Co (Del)
Southern Production Co Inc

non-cum

32%

NO par

(The)

Southern Natural Gas Co

5%

100

32%

36%

49%

52%

*52

37

*36

37

*33

19%

19%

52%

32%

*52 %

12

12%

52%

19

19

11%

12%

5,000
30,200

*180

*180

*180

12%

—_25

Ediscn

.'j.

s.

—

12'/a

a—25

:

California

38% Apr
4
S8%May 28

£

4,000

53

5

62% Apr 29

29%Aug

12

51%

_15

—

18

16% Dec

4,400

11%

51%

23 %

1.100

_

*51%

45%

12
53

61

*51%

ilOO

__

—.

Inc

53%

49%

—10

,t

Inc common

preferred

4.20%

53%

25

_

Corp

Jan

19

1,400

5

Co

Smith-Corona

*51

—No par

Sinclair Oil Corp

30% May 24

Oct

6,500

58%

No par

29

12% Jan
8
4
Apr 22

59%

24%

America

54% Dec

89

30%

58%

1

4

May 27

10%

*29%

10%

_7.50

36% Jan

52

10%

31

10%

10%

10%

*30

31%

59

—

7

92

110

43%

31% Jan

6

1,900

10 Va

8%

41%

6

18

3,800
11,000

43%

32%-Dec

72% Jan

20%

1

2

49% Jan

20%

20%

6,400

*56%

57

56%

.

8%

8%

•

87% Apr 14
26% Mar 15

20

55%

53%

8%

South Indiana Gas & Elec

15

3,000

20 %

10%

Southern Co

Nov 22

9,000

32%

X84 %

8%

7

Dec

54%

84%
106

86%

*10%

2

01% Dec ~ 20

330

23%

20%

_1

21% Mar

92

82%

84%

40

92%

54%

•

Co

Skelly Oil

82%

290

7,400

117

117
*22 %

20%

No par

Sheller Mfg Corp
Sheraton Corp of

Simmons

*90%

23%

35%

53%

Gas—_—

(Frank

(W

35%

119

*22%

82 %

80

79%

35%

91%

91
*117

23 %

*22%

8,100

96%

85%

—5

common.:

Oil

*117

23%

64

1,500

106

5

—_

$4.50 preferred
Shamrock

92%

119%

*90%

92%
»-* ►—* 00

35%

35%

95%

105%

32

105%

Co______—1

Rubber

Inc

35%

63%
*104

106

x54 %

1

Refrigerator

.

63'%

95%

*95
*104

No par

___-

Co.

&

79%

35%

,

13%
26%

54 %

Co

Roebuck

*90%

93

*91

*22%

Co common—_1

Sears

35 Va

35%

63%

95
106

95

*104

13

63%

63 %

63 %

95'A
106

116%

Finance

Seaboard

95%
*104

106

35%

__5

com

96%

96%
*104

13 %

13

13%

63%

63%

x63%

a.—No par

13

13%

13

Paper Co common—No par

$3.40 preferred

32% Mar

50

4,700

16,200

7

6

10,300

28

13%

17

14

450

18

28%

28

17%
28

26%

17% Jan

Jan"H

*

102

18

22% -23

28% Jan

Jan

16,700

13'%

July" 28

Jan

102

50

43%

23

19

80

290

' 167

42%

26%

29% Aug 23

37

290
*147

42%

22%

6

J9%

1,200

26%

5

51

40,800

83%

23

i5% Jan

16

800

32%
i

-27

85% May
28% Feb

85% Feb

83 %

102%

102

12,800

25

32

83%

167
'•

570

1,400

48

290

17%

28%

28%

28%

'

25

32%
7

42%

102%

17%

27%

28%

27%

103 Va

17%

103

17%

42%

42

42%

47%

25

:

x83

10,600

96%
107 %

47

25

41%

42%

44% "45%
96%
107%

x32%

%

100

96%

46

25

14

107%

107%

45 %

44%

45'%

96

96

107 %

107

.

45

45%

95%

95%
107

39

'13%

22%

25

39% Jan

4,200

25,900

22 '/8

26%

11

51% Apr

12%

75%

22

a

180% Feb

37% Jan

12%

74%

22

22 7

Solar Aircraft Co

3

12%

7478

21%

27%

7

t?eo

12%
74

22%

22%

27% Feb

19% Mar

19

12%
74 %

22%

26%

Spilth-Douglass Co Inc
Socony Mobil Oil Co Inc__

64-

Jan

12 %

73%

22%

*280

4

12% May 23

12%
73 %

22

*147

56% Mar

17% Jan 19

46% Dec 23

40

24

25% Apr 26
33% Jan
7

12 %
73

23%

18

52

43% Nov 29

37% Jan

Fet>

9% Feb

17

49% Jan

4

49% Jan 18
20% May 17

Apr

12%

167

(Alexander)

19

11,400

26%

22%

290

(AO)

Nov

600

103 %

25%

73%

*147

Smith

.

-102

25

'/a

12

*280

Smith

69% Dec

330

22 %

167

48% Apr 14

61

330

8,900

73%

290

37% Mar 14

8

103'%

24%

*147

11% May 12

May

*102

24%

24''8

*280

42
Aug 27
14% Dec 22

Apr 23

340

167

5

40

*330

103%'

*102

24%

500

27

290

28% Jan
38

103%

24 %

26%

290

t

15% Feb 28
65% Feb 14

*102

24%

27

*147

May 3
55% Mar 25
3

24'/a

26%

200

46%

Ry Co„_100
preferred
—100

66

Jan

103%

*102

340

46%

320

320

*320

3,300

46%

27%

27

27%

352

345

20

27

9,500

46%

84

48% Mar 14

11

5

15%
38 %

»

33

48% May 24

138% Feb 18

46 7

%

22

4

"46%

a

83

64% Dec 31

18% Jan

46"?

*46 %

25

62% Dec

4

46%

32%

4

18% Jan
38% Jan

*46%

200

31

30%
*38

39%

600

5,400

34%

15%

15%
307a

30%
*38

300

11,100

67

66%
*34

35%

15%

31

83%

4

13% Jan

40

<

15 Va

32

6

,

"38

24:%

32% Jan

6

38 %

83'/a

38% Jan
6to May

15 Va
31'a

30%

*

Jan

*34%

15%

15

307«

66%

66

35%

24%

45

44

200'

103

27%

0

19% Jan

4

17

9% Mar 14

28% Jan

66

05 %

"34 %

83

Sheaffer

10% Dec
31% Dec

103

31%

36% Feb

4
4

102 %

24%

Sharon Steel Corp__

4

102

83

49% Apr 11
46% Apr 21
11% Jan 31

85% Jan

102 %

22%

Servel

38

*102

26%

11% Apr 26
9% Apr 26

43% Dec

90 %

38 Va

—

Seeger

30

58

*90

Savage Arms Corp.:
5
Schenley Industries Inc——1.40

15

27% May
8% Jan

*53

90%

31

*102

57

61 % Jan

58

*89

15%

—5

3

55

*53.

90 %>

40

Diego

37

69% Jan

58

*89

31%

Regis Paper .Co common

39% Nov 22

23

*53

15

1st

12

8% Mar 15

12,500

44%

58

31

Seagrave Corp

6"% Jan

44%

11,500

90

30%

pfd 4.40% series A—___109
Gas <fe Electric Co____10
Sangamo Electric Co__
.—10

St

San

21
87% May 27

3

11,100

173

*89

*38%

42

59% Apr

13
26

44%

177

*53

-100

4

9% Jan

44%

9

89%

102

_^._5

108% Jan

10% Feb

44r'a

9

58

com—1

common

noncum,

21 % Apr

Marls

.44%

44 »/a

44%

'/a

89%

Louis Southwestern

5%.

6

7

44%

44

*53

24%

6

89% Jan

178 %

series A 5% __L

Preferred

6

42% July 19
15% Jan
5

168 %>

St Joseph Light & Power
No par
St L .San F Ry.Co common—No par

Jan

Dec

175

170

45

16

41

6,500

173

165%

165

164 %

-1

1

6% July 7
62
NOT 10

12,600

16,500

—5

Seaboard

7% NOT 26

85%

9%

Seaboard Air Line RR Co..

Apr

84%

73%

1

17

Jan

a

42%

44'/a

74% Jan

81% Jan

84 7

72%

100
—1
1

19

5

300

84

42 %

No par

Apr
33% Feb

43% Jan

8%

14%

73 %

45%

18 % May 24

45% Dec

8 %

14 Va

42%

9

45%

79% Nov 20

Jan

83%

8%
14%

8

8%

Joseph Lead Co—.—

7

July 21

13

83%

a

%

*14%

72

(The)

67% Mar 18

33

83 7

25

Mar 14

Apr

83%

;

10

St

11

31

Dec

17

64% Apr

12

89% Mar 23
114

30% Jan 20

55% Mar 14

31

102% Jan 18

Mar 14

94% Jan

22
23

Jan

102

'

84 %

'

8%
14%

42%

preferred ______——
_10
4.30% conv preferred——100

10

Jan

8%
14%

9

4%

Feb 21

114

8%
14%

71

(Jacob)

211

8

76% Dec

25

Ruberoid

Ruppert

3

8%
*14%

83%

Petrol Co__50 Guilders

15% Mar 21

48% Jan

16,400

8%
14%

42 %

McBee Corp

9

12,700
21,100

9

Aircraft Corp

Jan

24

16%

37%

70

Ronson Corp

Royal

15% Mar

16%

36'A

417a

preferred series A

13% Mar 24

60% Nov

16%
37

9 Va

common

81% Mar 15

33% May 21

62% Jan

Co

Haas

&

6

12% Aug 23

16%
35 Va

69%

& Axle Co

23

19

1

29

9% Jan

15

16%
35%

42

Co

El Corp

68 % Jan

2iy*Nov

Not

Apr

1

16 Va
34 %

69%

preferred—

conv

7

4

18% Jan 14

5%%

29

Feb

%

8%

—AOO

Controls

Robertshaw-Fulton

Rochester Gas &

35

16

35 Va

*14%

______

11

14% Jan

22

Company

Oct

35

16%
34 %

41%

Co___

Paper

11% Nov

9

16 %

25%

66

Manufacturing

72% Nov 29

55% Aug

10

10 '/a

34%

.No par
10

Co com
Tob class B

48% Apr 20

105 % Mar

105%

34%

Roan

257

*102%

104

"10ZV4

34%'

4

12

104

104

65%

15

31

*102%

*102%

35

21

20% Dec

102%

66%

Feb

86

,

102%

65%

15% Apr

281% Oct

65,700

35

33% Apr

8

170

45%

—No par
No patAntelope Copper Mines

0

4

64 %

44%

%

Ritter

Mar 14

Jan

*63'/a

45

Richfield Oil Corp

75% Mar

18% Jan

64

44%

34%

36% May 10

6

*63 Va

*34 %

27% Jan

13

%

34%

04% May 12

41% Jan

69

44%

34 %

22

21

63 Va

43%

34 %

29

23

63%

43%

34 "'8

77 y8 Dec

45% Oct

4C0

16%

63%
43

34%

28% Dec

40% Dec

*16%

63 Va

43%

34%

3

148

4

10%

*16%

35 Va

9

12

34%

16 %

35

11

14

35%

5

48% Jan

Jan

35%

16%

377«

33% Dec

Jan

2 5'A

16 %

37%

Rhinelander

41

*34%

16%

37%

11

24

34%

16%

37%

37% Jan

40

500

34%

16%

37%

1

7

100

35 %

34%

37%

31% Apr

Jan

3,800

9'/a

37%

6

28

14%

*8%

102%

Dec

12% Jan

14%

9 Va

37%

37

36

9

9

9%

*9

9%

102'%

Rheem

7

14 7 a

400

37%

14

23

3,100

102'/a

29

45% Feo

13% Oct

25%

37 Va

105 % Apr

3

34% Dec

*8%

24%

1

2d

Jan

4

Xl4%

100

37

63'%

series—— 100

Jan

36

7

25 Va

300

3 8'/a

37

9 Va

4.50%'

101

4

7% Jan

25%

%6

,

/

69:%

Preferred

9

Aug

17% Jan

37%

42%

series

Nov

3

a

38 Va

*34%

9

3.60%

37

7

.

42

*36
.

69

Preferred

105

May

36

*41 Va

42

37

42%

10

2

20

42

42

37

*34

41%

38%

3,500

42

Metals

12

95% July
25% Jan

42

41%

41%

81

2.50

~

Common

May 11

3,500

600

51%

No par

Drug Co

Reynolds (R J)

May 11

23,300

36%

va

34%

:

Copper & Brass

Rexall

1,400

23 %

36 Va

*40%

No par

Corp

"When issued"

42% May 27

39%

23%

36

36 %

*3/

5
—100
50c
25

series

3%%

14

41

*39%

2J%

35%

3o

35

No par

83% Feb

Jun

39 »/4

23%

14%

IP

0

3 J '/4

2j%

36%

14%

75% Jan

May 27

39^8

23 %

35%

15

85% Dec 31

74

39%

23 'a

35%

14',

11

8

7

39%

23

15

29

j.-»

May 19

39%

23%

*9

15% Apr

o7/a

17

44% Feb

39%

22%

14%

47% Jan

.

39%

50c

6

12

May 16

80'/a

-10

13% Jan

31

81%

Co—

&

8

7

Aug~23

*50%

81

26

9

3

12% Apr

;

43%

50%

81%

25%

Dec

11

14

Jan

104

50%

80%

"oO

25 %

14% Dec

Jan

o

50 %

81 Va

24%

4

22

an

99% Mar 11

50 %

80 %

25%

25

11
23

x50 '/4

81%

24 %

Jan

36% Nov
103% Nov

10

106

51

36

10% Jan

4

13

106

9u0

Pi

Remington-Rand common
$4.50 preferred
Reo Holding Corp new_____.No par
Republic Aviation Corp
__1
Republic Pictures common
50c
$1 convertible preferred
10

I4y4 Jan

93% Feb

*105%

—

53,900

80%

36

prior preference

pfd

—

*106

*106

•

*105%

*37

Reliance Mfg Co common...
Conv

50%

to "/4

8-^4

No par

Reliable Stores Corp..

16

49%

va

8%

35%

Inc

Bros

$1.25 div

17 y2 May 13

07% Feb

50%

to

8%

36%

Mills

Co

Bit

(Robt)

Reis

49%

l»o%

y

35%

preferred

2nd

Hosiery

Roller

Reeves

13

4% May

May

50

bi>%

8%

50
50
—5

1st preferred

noncum

Silk

8

Mar

42

49

65%

9'/a

1
25
5
50

;_

common

noncum

4%

38% May 20
;

Co

Reading

3

49

85'u

8%

No par

Kayonier Inc common
$2 preferred —1
Raytheon Mfg Co—

81% May 20
25% Apr

pid

Raybestos-Manhattan

4

Mar

Theatres Corp

Ralston Purina Co 3%%

May 27

OJ%

48%

85%

1
—1
100

Pictures Corp

RKO

3

49%

85%

No

preferred

RKO

May 13

48%

par

of America com—No par

1st

$3.50

28

97/b Jan

26

98

99% Mar 29

52y* Dec

Jan

22

Radio Corp

50% May 26

18

81% Jan

J

.1

The Commercial and Financial Chronicle

Number 5433

Volume -181

(2487)

31

I

NEW

YORK

STOCK

Range for Previous
Year 1954

Lowest

Range since Jan. J
Lowest

Highest

52% Jan

4

79% Oct

4

44% Oct

29

48 % Dec

8

71% Jan

4

32% Jan

4

99

Jan

6

7

Oct

112 % Dec
45

26

EXCHANGE STOCK

STOCKS

73% .Tan

75%

77%

75%

76

75%

75%

75%

76%

76%

77

25

43%

43%

17,300

43%

43%

43%

43%

43%

43%

43%

4

liy/aFeD

1

Standard

15

112%

112%

4'A

35,609

111%

112%

111%

Standard Oil of Ohio

112'A

2

111% 111%
46%
46%

51,400

46 %

47

100

100%

101

Mar 14

47% Mar

99% Jan

12

8% Jan

8

6

12% Feb

25

102

3%%

Mar 28

Oil of New Jersey

22% Feb

14
11

Starrett

5

42% July 30
13% Dec 14

36

45% May 20

Stauffer

15% Feb

10%

,_5
No par

Mar 30

13% Jan

4

Feb

7

Co

(The)

Chemical

Co—
_

46% Dec

6

42% Mar 14

51% May 20

Sterling Drug Inc common

22 % Apr

30

30 % Feb

15

24% May 12

2°

5

Stevens (J P) & Co Inc——_

19% Feb

16

26% Dec 29

23% Jan

3

Stewart-Warner Corp

13% Jan

4

20

Jan

Studebaker-Packard

Jan

15% Jan

1

57% May 27

12% Jan

4

97% Jan

20

16% Apr 13
104% May 26

30

67% Feb

11

9

115 % Apr

5

Nov

101

30

Dec 30

;

70

Dec

118% Aug

75% Mar
118% Jan

■

4

4

Sunbeam
Sun

5

_

25% May 12

26

32 % May 11

11

'

11

35

May 23

No par

4 % %

preferred series A

5%%

2nd pfd series of '55 w i__30

May 13
86% Mar 1
4

Sunshine

1

Superior Oil

w

i—,25

Sunshine Biscuits Inc

1^% Apr

Jan

a

Jan

6

20% Dec

31

18% Feb

8

50

30

46% Jan

18

Nov

740

1,040

44%

*14%

Mar

50

50%

49%

50 %

50

50%

5,800

25%

25%

26

25%

26%

253A

26

7,800

24%

24"%

3,000

Superior

22% iway 13

Sweets Co of America

Swift

Feb

26

24% Nov

10

413/4 Feb

4

51% Sep

28

4o% Mar 15

4

48% Dec

16

41

81% Jan

13

96

28

91 % Apr

15

52% May 2
46% May 20
97% May 5
146% May 20

Dec

'

20

Mar 14

14

147% Dec

16

128% Jan

18

4% Feb

24

7% Dec

29

6% Jan

6

17% Jan

10

25% Jan

6

14% Jan

27

18% Nov 26

14

25

33

Dec

ia

8% Mar

17

88

Nov

83% Jan

6

42%

Dec~23

29

1,500

17%

3,600

x20%

20%

20%

20%

*20%

29%

29%

28%

28%

28%

28%

10,600

59

59

59%

59%

60

60 %

61%

20,800

11%

11%

11%

12'A

29,900

55%

56%

57

57%

1,500

14%

15%

15

15%

6,100

11%

11%

11%

11%

55'/a

55%

55%

55%

14%

15%

14%

15%

11%
56%
15'A
*104
106
70%
71
117
117
23
23%
25%
26
•
34%
34%

*104

106

69%
*116

*104

70%

106

104

70%

70%

116%

117

•»

116%

Co

70%
*116

23%

23%

23%

23%

23%

80,300

25%

25%

25%

25%

26

46,600

343/8

34%

22,100

34%

34%

34%

34%

77%

78

78

78

78%

11%

11%

11%

11%

11%

950

*850

$4.40

3

2b

Temco

2

May 27

Gould

Texas

14

No par

Corp,.

1

(James)

950

*850

950

*850

*96
*143
7%

78 »A

11%

950

>850

13,800

950

'«*

Corp

28%

28%

29

28%

28%

3,900

47

48

47%

48

47%

47%

3,000

*22%

23

*22%

*22 »/8

23

23

*22%

23

23

51%

51%

51%

51%

51%

51'A

51%

46%

47%

47%

48

47%

48 %

47%

48

96

97%

97%

97%

96%

96 %

97%

97%

*142

148

*143

147

7%

7%

7%

X51

.

*143

7%

:

147

>144

Co,

4,600

19,900
100

146

7%

7%

7%

*20'A

7%

21%

20%

20%

*20%

21

20%

20%

37

37

36%

36%

36%

36%

35%

35%

36

15%

14%

15

14%

15%

15%

15%

15%

15%

57

55

55

55%

56%

57

58%

58

6,400

36

14%
55%

59

2.50

—

28%

48%

21

.,1

—

29%

48%

5

Corp___

1,000

12

28%

29%
48%

51%
47%
97
148
7%

*78

-9

Corp

Aircraft

Tennessee

No par

pfd (conv):

cum

Symington

Telautograph

100% Apr
31% Apr

51%
46%

50

23%
25%

34%

*22

4,200

25%

11

25

100

703i

117%

23%

77%

(The)__4.16%

,_l

70%

25%
34

*8%
48%

106

>116

11

5

700

23

•

*850

21

104

70%
117

78

common.j

$4 preferred

>

104%

10%

Co

Talcott Inc

53

41% Jan

&

37 % Apr

17% May

Nov~23

21%

17%

15

Sylvania Elec Prod Inc com—__7.50

21% May 23

13% May 10
47%

25%

215/8

17%

11%
55 %

!—50

Corp,

Paper

25%

22

17%

29%

29%
57%

25%

22

17%

'

Mar 30

105% Jan

Steel

Sutherland

29%
60%

25%

22

xl7

20%

*20

25

*21%

17%

17%

24%

22%

x22

77%

___,_,25

600

50%

10c

California

ox

2,000

15

25%

12.50

Mining Co

29% May 20
58% May 2

31% Jan

4

No par

preferred
____100
Sunray-Mid-Cont Oil Co w i_,
1

lUJ/8 Mar 11

3

1

Class A 4%%

75% May 17

816

Nov~16

10
__No par

12% Dec

4

57% Jan

Corp

Corp common,,

84% Dec 30

8

10

Corp

Chemical

\

__No par

$4.50 series A preferred,,
Sun Oil Co common

23% May 13

23% May 11

""""

4

433/8

14%

50%

^0
29%
57%

42 % Mar

Ti

44%

14%

26

20

11% May 17

7

43%

14%

51

Stone & Webster

12% Nov 24

30

41

44%

14%

*41

50%

J

17

14% Dec 20

—

41

44%

14%

25%

5

21

48

1

40%

44%

17%
20%

4

38%

3,000

43

44%
xl4%

45

23%

11

Jan

14%

20 J/4
41

25

8 % Jan

16

41%

14%

25

10% Nov 23

30% Jan

10,100

22%

30 % Jan

Jan

20%

15

Stromberg-Carlson Co

14% Jan

20%

V 17%

67% Apr 26

635

20 %

1

6

Jan

20%

5

40

7

20%

Stix Baer & Fuller Co_,

43% Aug 19

vi3A jan

2,700

20%

41

Stokely-Van Camp Inc common
5% prior preference—
_.l

1

—

20%

42%

13

35% Nov

—

20s%

42%
44%

28% Mar

20% Apr
30% Feb

68% Dec

20%

10%

19% Jan

6

113"% Jan

10 3/8

23% May 23

4

300

10%

6

19% Jan

12,100

10%

(j

26% Jan

100

10'%

23

19% Aug 24
27% Dec 29

46%

100%

10%

16% Feb

8

45%
*100

10%

18% Jan

4

45'%
100%

10%

15

17% Jan

Feb

*100

10%

18% Nov 23

21% Jan

89

45%

„

111%

1

S__

L

45%

100%

in

10

Sterchi Bros Stores Inc

1

Stanley Warner Corp—

50

Apr

*100 *

100

Mfg Co

19

45%

_10

common

preferred series A

Standard Ry Equip

7

40% May 26

22

Dec

Shares

No par

53% Oct

Mar 25

tnc Week

Standard Oil of Indiana,

20% Dec 30

12

May 27

Standard

42

Oil of California

Friday-

May 26

3

5

5

Sales for

Thursday

7

102% Mar 11

17

PRICES

May 25

49% Jan

4

11 % Jan

SALE

Wednesday

May 24

81% Feb

11% Jan

36% Feb

HIGH

Tuesday

May 23

Par

42% Feb
30% May

AND

Monday

EXCHANGE

18

31

10% Feb

NEW YORK STOCK

Highest

RECORD
LOW

42% May 18
lub% jan 18

8

Dec

'

21

500
800

20,100
3,b00

25

90%

.91%

90%

91%

91%

92

91%

92 %

92

92%

11

Texas

Gulf Producing Co new___3%

26

26%

2Q%

26%

26%

26%

26%

26%

8,600

Texas

Gulf

26%
x40%

26%

43% May 27

41%

40%

41%

41

42%

42%

42%

42%

43%

32,300

6

16% Jan

28

Texas

Instruments

Inc

13,900

6

58 % Mar 23

Texas

Pacific

Coal

&

Texas

Pacific

Land

25
41

May 16

38

Mar 14

Dec

20

5'A Jan

5

14

Oct

19

12% Jan

4

50% Dec

16

47% Jan

35

Jan

9% Dec
107

15% Dec

Jan

172
66

15

Dec

9% May 18

6% Jan

19% May 19

19

8% Jan

22

6% Jun

11

9

Dec

44

Jan

1% Mar
8% July

9

7

Dec

12

Dec

92% Jan

7

104

6

12

4

46% May 11

101

Jan

Jan

-15% Feb

25

24

Jan

5

52% Dec

31

48

30% Dec

55% Oct

26

13

Apr

6

3

>

Mar

29

28% Apr

1

57 % May

4%

Tide

162

162

75

75'A

76

x77

18%

18%

18%

19

18%

18%

23'A

23

23%

23%

231/4

18

231/4
*17%

233/8

18

18%

17%

17%

50%

50%

50%

50%

33'% Apr 18
2
22% Mar

5

59% Apr

6

Jan

31

18

Mar 15

20"% Feb

31

52

Mar

8

53% Feb
33% Apr
59% Apr

25

Mar 14

30

52

Jan

30% Dec

31

18

18% Jun

9

13% Jan

18

19% Dec

6

17

41% Jan

5

57% Dec

6

6% Jan

4

16% Nov

30

12% May

32% Dec

13

41% Dec

22

31% May 17

7

143% Dec

6

24

38% D4c

29

31% Jan

Jan

6

20 % Jan
60

18% Mar

4

46%

*4%

15

.•

common

*14%

5

49%

*104%

*12

11'A

5

*43A

'■*

45

5'A

*14

49'A

*43A

14%

4-

49

*14

105

*103

Feb

5%

*:<'

*103

7% Jan

4

10"% Aug

16

433/8 jan

8

75

Nov

16.

70% Feb

16

89

July 12

11% Jan

4

23

4

38

May

11

8% May 25
31

84% Apr 27

94% Apr 23
31% Mar
1

Jan

July 23

Jan

6

27% Jan

6

20

21% Jan

25

15

113

Sep

28

108% Mar 22

92% Aug

3

99

Oct

14

100

9

85

Jan

7

94

Apr

99

Jan

5

105

Nov

24

100

59% Nov

24

Apr

50

38% Jan
105'A Jan

4

11

Jan

154

4

25% Oct

19

48

45% Jan

103% July

Mar 16

87.

20

139

Jan

14

»

Jan

11

79% Dec

20

66

106 % Feb

1

6

3

103

38% Dec 29

11

119% Dec

25% Nov 11

40

103% Oct 29

Jan

Jan

14

,

Feb
Apr

52
Jari
303/8 Mar

6

94

22

106

Jan

Jan

14%

49%

50

50%

104%

105

28

26%

27%

27%

27%

8,800

28

28%

28

28

7,500

53%

54%

54

53%

54

Edison

54

14%

14%

14%

14%

14%

14 %

2

39%

40%

39%

40%

39%

39%

Inc

—5

29%

30%

29

30 %

Williams Steel

No par

World

(The)

Airlines

series

A

common

(conv)

14'A

14%

5,300

39 %

39%

22,600

31%

30%

31%

12,700

53%

29%

30'/«

21

*20'/a

21%

21

21%

21

21%

21%

22 %

1,300

26

25%

25%

25%

25%

253A

26

26

26%

6,000

50

*57%

58

57%

57%

57%

'57%

57 %

57%

57%

57%

600

20'/a

20%

xl9%

20 %

4,700

52

x50

50

20%

1

50

*49

20%
52

*50

30%

31%

30%

56%

*56%

571/2

28%

28%

28%

28%

18%
*53

31

28%

193/4

29

18

18

*53

19%

19%

*49%

52%

31%

*56'%

28%

26
10

6

Jun

1

107% Apr
19% Sep

20

14

23

17% Jan

3

49

Dec

29

50% Dec

23

44% Jan

13

105

Apr

29

28%

29%

18

*17%

18%

55

*52.' '

55

13,800

1,200
1

13%

13%

13%

13%

13%

13 5/a

33%

35%

33%

•343/4

33%

34%

343/8

34%

34%

35

15%

,,15%

'

13%

—1

(The)——

13 %

2,600
23,700

u
15%
35%
8%
82
82%
93
94%
28% 29%
30%
30%
110
110%
*97% 100
15%
34%
*8%

88
88
103% 103%
50%
51 %
162% 165%
50%
50%
29%
29%
72%
74%
*103% 104

42%
43%
133% 133%
29%
30%

United Air Lines Inc common
10
Preferred 4%7c series of 1952—100
of America—No par
$4.50 preferred

No par

*105%

108

21%

34%

35

15%

1.800

15%

35%

15%

15%

15%

35%

15%

X34%

35%

35-3/8

35%

8,700

8%

1,400

'

"

83/4

8%

8%

82

82%

82

82%

81%

81%

813/4

92%

93'%

93%

93%

93%

92 3A

93%

28%

28%

2 81/2

28%

V, 92
28%

29%

28 3A

29

•30%

30%

V 30'A

1103/8

110 3/4

30%

30%
110

8%

8 5/»

8%

8%

110

*•'

_

,

110

,

*97

162%

163

6,400

30

30%

18,700

110%

210

100

*97

100

87%

87%
*102%

103%

50%

50%

110

87%

1023 4

50'A

50%

165

165

23,309

*110

30%

87%

102 3/4

50'A

50%

50%
162

102%

103%

'

2.30)

82

1023/4

88

88

88

87%
*102%

*97

100

*97

100

.

110

'

50%

*167

166%

50%

50%

#.
J

51

167%

80

11,900

3,409
2,400

51

50%

51

50%

503/4

29%

29%

293A

29%

29%

29%

2978

30

74%

74%

753A

105'A

*103'A

105%

'200

43%

43%

44'A

33,200

72%
104

,73%

73

743A

72%

104%

*1031%

105'A

*103%

43%

42%

43%

42%
*132

*105%

30%
108

43

136

134

132%

136

29%

29%

30'A

30

*105%

108

>105%

30%

30'A
,

*105%

'

19,809

700

138

138

136

108

3,800
•

30 3'8,

5,700

108

21%

21'A

21%

21%

22%

21%

22%

5,200

48%

49

50

50%

51'A

50

Va

50%

4,800

441/4

44%

4 %

4%

4%

73%

'73%

*73%

6%

65A

6%

6%

6%

8%

8%

8'A

*8%

8 3/8

68%

68 3/8

68 3/a

68%

*68%

691/4

163/a

49

2PA

X48%

21%

48

United Board & Carton Corp,:
10
United Carbon Co—
No par-

7

100

13%

United Biscuit

15

3,300

58

13%

United Aircraft Corp common——5
5% convertible preferred——100

22% May/13
54

31

18

55

100

30%

*56%

£8

*53

18%

18

55

19%
52 3 4

31'A

'

58

*53

18%
56

.

*491/4

31%

31%
*56 %.

30%

,1

Co

5,100

25'A

56%

Corp

53%

14%

39%

21

1

Oil

■

1

conv

Coach

52%

14%
39%

53%

5

Co

Corp___1

Union Tank Car Co——No par

108% Feb

6

50

104%

27%

28%

2

483/a Apr 21
150% Apr 21
31% Jan- 3

Jan

10,900

26 %

4

27

Mar 21

110

190
i

5

*4%
*14

28

Union Oil of California
25
Union .Pacific RR Co common
50
4% noncumulative preferred—,50

7

Mar 15

34% Jan

29
27

7

178

17

May 16
.Apr

Apr

59

50% Mar 15
26-% Jan

24

5

104% Mar 29

May 12

51% Aug 23

26

Jan

100
91,

7

29'A Jun

21% Apr 27
87% Jan

Dec

7.

31% Apr

113

i.

,

27

Udylite Corp (The)
—1
Underwood Corp
No par
Union Asbestos & Rubber Co
5
Union Bag & Paper Corp——20
Union Carbide & Carbon,,_,No par
Union Chem & Materials Corp—10
Union Elec Co of Mo common
10
Preferred $4.50 series,;
No par
Preferred $3.70 series
No par
Preferred $3.50 series
__No par
Preferred $4 series,,1
No par

3
4

803/8 Mar 14

69

104% Jan

28% Dec

Jan
Jan

13,000

.

28%

TXL

16% Apr 29

33

200

U

45

14%

48%

■

12

10

10%
45

'

27

290

12

26%

Twin

40% Mar 13

6

600

51

28

preferred 1954 ser__50
20th Century Fox Film
1
Twin City Rap Transit com—No par
5% conv prior preferred——,,50

4

13% Jan

5,900

17%

3,900

27%

;
11% May

23%

17%
51

*44

10%
45

5

x48%

*104 %■ 1051%

34,500

23%

12%

11%

*4%

14%

48]A

*12

45%

<

*141/4

-

105%

12%

11%

11%,
46

18%

*

*12

12%

*45'A

-

14%
50

50nA

79

18%

28

4.30%

19

Jan

11%

46

Tung-Sol Electric Co common

19

14

* 11%

.*50'%

600

77%

•

26%

Preferred

13

25% Mar 14

1

100

Truax-Traer Coal Co

14

52% Jan

12%

Tri-Continental Corp common,
$2.70 preferred

14

19

*; Dec

xl2%

:

78 '

27%

Transus &

2

30% Nov

50%

164

164

162

Oil——10

Trans

9

Dec

23%
17%

preferred—*,50

Associated

Toledo

3

56

17%

50%

preferred
Water

Transamerica

27% Jan

160

73%

19'A

$1.20 convertible preferred——,25
Timken Roller Bearing,———No par

9

21

160

73%

18%

,

17

20

*155

159

73%

common

15

24% Mar 11

.

31

Co

convertible

Feb

15

18% Jan

54

*153

$Third Avenue Transit Corp_.No par

7

19% Dec

17

100
No par

common__50c

Inc

Thompson (J R)
Thompson 'Products Inc

4

25% Jan

53

Ry Co

—No par

43% Apr

37 % Mar 14

60% Nov 26

23

16% Jan

Jan

.

21% Aug 16

May 28

52 % Dec

6

7

18

27% Dec

4

42

:

13% Jan

30

12

5,600

preferred—No par/

conv

$2.50

105% May 10

17

19

10%

American

Thermojd

60% Mar 24

18

26% Jan

May 31

6 % Mar

4% May 12
11% Jan 11

31

$1.25

4

7% Jan

8

15% Apr
15% Jan

Pacific

Textron

23-/2'Mj,y2U
19*% Mar

43'A Jan

»

16

13% Jan

10%

The Fair,

16

15 % Aug

10%

31

Dec

40% Dec

10'A

12% Jan

27% Nov
5

10%

11% Mar 16

27% Nov

4

10%

Thatcher Glass Mfg Co common
5
$2.40 conv preference—
No par

18% July 20

2

103/B

22

47

12% J an

10'A

51% Apr

31

25% Feb

10%

2

26% Dec
36 % Jan

10

7

Sep 24

53

6,700

ex-distribution___l

share ctfs

10

15

1
18

51%

Jan

July 30

42% Oct

15%

50%

*, Feb

46

7

,

17

15%

*17% Jan

29

39% May 17

18

15%

51%

1
Oil

Trust—

Utilities Co

79

6

23

14%
51%

Texas

6

Jan

23

15

51%

May 27

Jan

19% Nov

14%
50%

&

12

49% Dec

14%

51%

Sub

61

19 % Dec

14%

50%

Texas

29

38% Jan

14%
50%

4

31

13% Jan

14%

13

Dec

13% Jan

7,500

50

13% Jan

147

Mar 14

—No par
10

164% Jan

27

12% Dec

46% Mar

Sulphur

163/a

16'A

16%

16'A

16%

16'A

16%

1,900

14

14'A

14%

14'A

8,100

57%

57%

57%

58

32

32%

321%

32%
37%

2,700

2238

35,600

■

"■

'

•

-

27

Jan

12

3% Feb

25

38% May 26
6% Dec 13

70% Apr 29
4% Jan
4
8

80% Jan

28

11

63% Jun

29

1

72% Apr

9

6

88

12

20

4% Apr

6.

6% Nov

Jun

34 % Jan

Jan

19
7

11

13% Mar 14

Dec

31

51% F^b

27% Jan

13

35

Dec

6

4

1

36% Jan

39% Mar

la

7

Mar 14

1% Jan

4

2% Sep

15

2% Jan

3

8

86% Dec

8

77% Jan

18

11

Jan

233

25

184

30

35

18

214

Nov
Dec

8

"

179 *

34

May

5

87% Dec

6

Mar 14

Apr 29

19% May

^

54% Mar 11
7% May 4

Jan

4

22% Feb
3% Feb

9

11
2
16
9

280

81% Jan

31

12% May 12

16% Mar

3

40% Jan

43

2

For footnotes




sep

page

32.

5

90

No

United Gas Corp

Jan

Mar

3

6%
*8%

*68
16% '16%

•

*44

44'A

*43

14%

14%'

14

14

14%

58

5 6 5/s

57%

5 6 3/8

57%

32%

31%

.32%

31%

32%

38

38%

X37%

21

21%

21%

No par
No par
20

7% preferred
100
US Hofiman Machinery new—1.65
4%5J> preferred
—100
US Industries Inc common
1
4%% preferred series A
50

38%
21
21%
2%
2%
92%
94%
48
50%
255
255
*179
181
22%
22%

83^

83

13%

14%

42%

42%

<

23/a
93%

*47%
255
*179

143/fl

2%
94
50

259%
181

100

634

9,000

8 Va

100

61/2
*8

68%

37%

37%

37%

22

21%

22

22

2V2

259 %

'179

19,700
15,900

5.200

2%

2%

*

2%

2%

95%

94%

95

'

50

48

49

•

*48

49%

2591/2

260

262

263

265

181

181

181

*181

183

22%

21%

213/4,

21%

2 2 3/a

83

83

83

83

83

83

13%

13%

13%

13%

13%

13%

43%

*42%

43%

42'A

42'A

1

100

68 3/s

94%

95%

*47%

5,700

4%
73%

37%

23/8

200

,

4%

73%

'

94%

46

4%

731/2

21%

*42

46

45%

4%
73%

4%
74

57%
32
38%

United Park City Mines Co (The)_,l

.

44%
4%
73%
6%
8%
69%

5

10
United Gas Improvement Co—13'%
United Merc-h & Mfrs Inc
1

common

'

*43%
4'%
*73
6%
*8%

par

,

US Gypsum Co

31

5

United Engineering & Foundry

United Fruit Co

9

31

18

'

May

40% Dec

1-

Electric Coal Cos,

2

13% Dec
-

United

Mar

184% Feb 15
23 % May
9

No par

Corp (Del) —1

U S & Foreign Securities
US Freight Co,:

95% May 2555"

—

United Dye & Chemical Corp com,,1
7% preferred
100

4

Mar 31

May

35% Feb

49% Jan

38'A Dec

17

60"

31% May 16

,

38% Aug 19
18% Dec 31:

4

United

3

18% Jan

15% July 20

175

6
11

10% Jan
78% Jan

57

114% Jan

Jan
7% Feb

25

4

22% Jan

78

8% May 17
15% Feb

4

12

.(Delaware)

United Cig-Whelan Stores com__30c
$3.50 convertible preferred
100

12

67% May 12

11% Jan

.

United-Carr Fastener—

May 27

b% Jan
,.

f

Aug 17

45% Jan
33% Mar

r

Aug 23
17% Dec 17

May 25

11% Jan

46

■'

.

4,700
700

1,800
10

13,800

213/4

22%

83

83

340

137A

14

10.900

43

200

*

*42

32

(2488)

The Commercial and Financial
Chronicle

NEW YORK STOCK
Range for Previous
Range since Jan. 1

20% Dec

29

8% Dec

13% Mar 17

Lowest

\

Highest

28

19

NEW

Highest

Jan

6

8% Jan

24% Apr

15

U

7% Feb

24

•

9% Feb

77% Dec 21

70

Jan

6

90% Apr

18

U

59% Feb

3

68 % Dec

66% Jan

21

3

S

14

4

U

24

11

Jan

Nov 29

39

70% Jan

7

91

Oct

13

103

Dec

35

26

79% Jan

6

29% Jan

11

46% Dec

134% Jan

6

163% Oct

54% Jan

11

143

Jan

4

Dec

24

18% Oct

Jan

26

May 12

61

Jan

11

6

7

Jan

May 16

11

17% Jan
12 % Jan

Jan

1% Jan

4

26% Jun

12

22% Jan
154

18% Jan

31

2

May 10

3% Jan

May 26

21% Jan

11

23

35

161% Jan 26

170

30% Feb

19

169% Nov 26

26% Mar 15

63% Jan

5

32% Nov 23
83% Dec 31

83% May

34% Jan

21

42% Deo 31

40% Dec

14
4

19% Oct

5

7

32% Dec 31

5% Jan

4

30% Jan

8

3

47% Mar 15

136

Aug 27

130% May 20

July 30

133

Jan

89

36% Dec 30

4
4

Mar 17

31% May

4

82%

84%

41%

161%

i9a/8

19%

19%

xl9%

19%

19 Va

37

36%

37

x36%

83%

19%

413%
161

42%

843/4

161

30,000

42%

417/a

161%

27,100

161

19 Va

3,000

19%

3,100

13%

36%

36%

36%

13%

13%

135%

36 %
14Va

36

j33/8

13

14'/«

14%

*137%

131/2

14%

12%

13'%

13%

133%

123%

13%

125%

13

993/4

99%

99%

99%

99%

99%

99%

99%

430

2'%

11,400

pfd_5

991/2
2

2%

33%

166%

Inc

com_—1

preferred

100

Co

28%

88

46%

1

33%

166

27%

2

2

2'/a

16%

44

43

433/4

*433/4

44%

300

34%

34%

34%

333/4

333%

1,500

*166

;V

167

♦166

167

2Va
17

18

*166

700

167

28%

28%

28

28%

87

87

86%

87

465%

41%

240

3,900
13,300

16

17

277%

46%.

43%

2

*16%

88

*87

46%

42%

2'%

166

28%

*87

No par

99%

2

33%

166%

465%

47%

47%

47%

48

43%

42%

43%

42%

20

48%

43%

42%

42%

27%

28%

.*86

1,500

87

GO

3.000

5,500

2.50

Co

14%

15%

14%

10

14%

14%

14%

14%

15

14%

351/,

35 %

14%

4,000

36

Co__6%

'gs/.

35%

35

35%

34%

35

34%

35

5,800

Inc..

Chemical

Co

&

2.50

Pacific

Ry com.100

5%

noncumulative preferred__100
Victor Chemical Works common
5
3% %
preferred
100

3

300

41%

34

Vick

83

4,300

161 %

44

Vicks Shreve

70C

51%

63%

413%

com_No par

Vertientes-Camaguey Sugar

21

170

50%
63*3/4

1615%

33%

Raalte

170

515%
64

41%

193^

420

22.200

170%

50%
*63

83%

10

100

*36%

Vanadium Corp of America

62% May 27
133% Jan 24

133% Jan
37% Jan

82%

170

50%
64

161 %

100

Co

100

48

25

—

Light

100%

421/4

44

&

15,700

90 %

162%

44

Power

100

37%

4i>/a

44%

4%%

4

170

50%

*44

Utah

11

10% Apr

169 3%

17%

3

71%

37
*88

47%

17%

Leaf Tobacco

*71

37%

100%

*63

3,10C

90%

37%

48%

17%

preferred
Universal Pictures

71

5,300

90

1

2nd

noncu

82

*70

*88

161%

_No par

Van Norman Co

134

26% Jan

common

83%

89%

Shares

8%

90

the Week

22%

*8%

100%

*16%

Van

Mar 26

57% Dec

63%

82

22%

9

87'A

37%

47%

50%

63%

22%

*8%

100

1693/4

50%

63%

Stockyards Corp__;

47% Apr 28
19% Mar 7

6% Jan II

169%

51%

63%

22%

90%

47%

50%

May 27

*88

100

45%

50

__No par
issued"-:

convertible

39% Feb

7% May 19

rlOO

46%
169%

com__50

Min

noncumulative preferred

8%

7

Feb

46

Friday

May 26

71

37%

Sales for

Thursday

87%

*69%

38

90%

169%

.100

Tobacco Co

Universal

18

Jan

5

common

"when

135/« May 13
4

37%
*88

PRICES

9

x87 %

Universal-Cyclops Steel Corp______l

48% May 27

18

38%

SALE

22%

*8%

preferred.—No par
United Wall Paper Inc common
2
4 c/0
convertible
preferred
50

4

Feb

c

37-%

9

100

preferred

32% Jan

124% Mar 26

126

91

4

S0%jen

20

11% Jan

31% Oct

7%

$6

3

May

31

41% Mar 14

28% Jan

Apr 28

56% Mar

Corp

Common

United

S

40% May 17

l

preferred

Smelting Ref &
preferred

Steel

S

1st

United Stores $4.20

3

16

32% Sep

18

Jan

Dec

44% Dec 31

S

1%

2

20% Dec 31

8

common

common

noncum

7%
U S

U

21

1

Rubber Co

8%

3

Dec

3

Plywood Corp

U S

14

14% Apr
100

70

'8%

88

U

22%

88%

70

101

14% Mar

27

87

72

88

44% May

f

Jan

88

*100

26

17

10
91

87

9

HIGH

Wednesday
May 25

23%

*70

S

7

11% July 14

11% May 12

U

24

Apr

X22%

10

*8%

100

14

98

23%

10

20

100

19% Feb

4

23

preferred

Pipe & Foundry Co
S Playing Card Co

S

preferred series B

37% Jan

5

1

preferred series A_„.

3

6% Jan

common

3% '/o

Feb

166

% '/a

Co

May 24

3%%

35 % Mar 17

73% Jan

-

4

Lines

AND

Tuesday

May 23

3

88% Apr

156% Mar 14

13% Nov 23

4

65

Monday
Par

18

48% Apr 20
170% May
9
60% Feb 18

18

67% Jan

38% Mar 16

1

Jan

101 % Mar

49

27

16% Jun
35

41% Mar
88

19

39% Mar 14

40 %

162

6

Jan

157 % Jan

64 % Sep 17
74% Dec 31

13

Jan

6

7
59% Dec 29

4

37% Jan
39

Jan

75% Mar

84% Mar 21
97

LOW

STOCK

EXCHANGE

36'/a Jan

6

YORK

Monday, May 30, 1955

.

EXCHANGE STOCK RECORD

STOCKS

YeariiiM
Lowest

..

8Va

531/.

8%

60%

8%

59%

8%

59%

130%

*129

130%

*129...

*130

135

*129

135

*129

32%

32%

32%

8%

59%

*130

32%

9

8%

60%

1

60%

130%

130%

135

32%

8%

*129

9,900

62%

62

7,200

*129

135

*129

32%

8%

62

130%

32'/»

90

135

32%

32%

4

95% May 26
48% Oct 11

123

Jan

4

152% Aug 30

27

Jan

11

33

Jan

3

112% Jun

2

33% July 28
116
Oct 28

114

Jan

8

117

Apr

18

July 19

104% Nov 10

101% Feb

9

103

Feb

2

$4.04 dividend

preferred

100

107

101

106

*101%

103

May 23

*101%

103

$4.20 dividend

*101

102

preferred

*101

100

102

*101%

102

105%

106

104%

105

X104

105

*104

105

"104

105

20

Jan

99

101% Jan 19

91
Feb
36% Feb

2
1

133% Jan 17

Feb

16

40% Dec 29

37% Jan

4

30% Dec 31

30

Jan

71% May 19

68

Jan

May 17

26% Apr

Nov

9

42% Mar

Virginia Elec &
$5

1

33

May
90% Mar

15% Jan

19

6%

28% Apr

5

31% Feb 24

Oct al

Co

Ry

100

Co

7%

94%

431/,

33

*93

44%
137

94%

43%
*134

*93

43%

94%

43

*134%

38%

*116%

*93

45

137%

38%

38%

X37%

117%

116%

116%

X115 %

45

38

115%

*115%

45%

137%

38%

2,300

137%

115%

100

38'/4

38

116'/a

8.000

93%

45

137%

*134%

38

*92

94%

44%

137%

32%

7,200

115%

120

180

25

41

41

41%

X40%

41

40%

41'A

32%

31%

31%

31%

32%

31%

32

31%

31%

76%

76%

75%

75%

75%

77%

77%

78

10

preferred

42

32%

5

L

41%

25

common

preferred

*93

*134

10

com

Visking Corp (The)
Vulcan Detinning Co common

18% Mar 23

30

Power

preferred

Virginian

8
3

16"% Dec 31

6

Va-Carolina Chemical com
No par
6'/o
dlv
partic
preferred____100

7

33% May 20

I

25'/a Jan
13

51% Mar 29

11

Mar 25

4

11

Jan

146% Apr

6

25% Jan
57

94

78%

79

1,800

173^

17%

*17%

17%

*17%

17%

18

18

17%

18

1,300

29

29

*29%

30%

30%

30%

*29

30%

29

29

80

20

41

2,500

1,200

w
Mar 26

60

76

Deo 23

74% Jan 18

85% Mar 25

Wabash

11% Aug

2

13

Mar

3

12% Jan

I

14% Mar

7

Waldorf System

24

3

27% Dec 31

27% Jan

3

31% May

9

Walgreen

Jun

54

Jan

72

5% Jan

4

Dec

9

8% Dec

5

6

66% Apr 27
7% Jan
6

19% May

4

27% Dec 10

100 % Aug
9
Jan

6

105% Dec 30

19

12% July 15

10% Jan

13% Jan

19

21% Sep 20

Apr

14

Mar 17

Jan

4

11

30% Jan
25% Jan

4

Wardell

*72

Warner

&

Pictures

7
8

Warren

Foundry

42

May 12

52% Jan

31

Warren

39

Jan

42

21

32

Jan

40

Dec

29

8

Feb

38% Apr

21% May

4

25% Jan

2

23% Jan

8

30

17% Dec

17

14% Dec

6

4

30
6

43% Dec

8

77% Jan

5

96 % Dec

22

17% Feb

18

23% Dec

17

19% Deo

8

16% May 16
13% Jan
6

3% July 21

Apr

73

73

73%

73%

73%

733/4

2,500

12%

13%

12%

13%

12%

12%

12%

123/4

30,500

17%

17%

17%

173/4

173/4

177/a

18

18

100

103%

103%

103%

103 %

103%

103%

103 Va

103%

12%

12%

12%

12%

12%

12%

12 %

123/a

12%

123/a

9,500

19

18%

18%

19

19%

19%

193/4

19

19%

8,600

33%

34

x33%

33%

8,100

No par

50
42%

51
43%

*40%
37%

40%
38

85

Feb

15

Jan

3

20

Jan

0

25% Apr

4

9

19% Jan

8

23% Mar 14

3

27

Feb

Oil

$4

&

99
96

373/8

1,900

22%

23»/a

23i/a

1,300

27

27

27

17

*16%

17%

17%

17%

*17

17%

17%

17%

5

Co

*15

15%

*15

15%

15%

*15

153/a

15

15

3%

*37%

38%

86%

86%

86

86%

23%

23%

233/8

23%

4

18%

18%

18%

18%

183/s

183/s

18 Va

series

B

7

104% NOV 10

100

*104%

99% Feb

4

104

Apr

13

4.10%

preferred

series

C

100

*103%

Virginia Coal & Coke__
5
West Va Pulp & Paper common
5
4%%
preferred
100

*107%

16% Jan

I

18% Dec 30

27% Apr 29

103% Apr 22
22
Apr 28
41% Apr 26

34% Dec 28

30

Jan

<

68

63

Jan

I

Deo 29

49% Jun

9

05% Deo 17

59% Jan

35% May

4

82

74

Jan

25

May 16

Dec

7

May 26

104

Apr

Western Pacific RR common.No par

5

104

Dec

27

100

Jan

132

Dec

10

127

May 23

127% Jan

49% Mar 14

58% Apr

6

103% Apr

15

21% Jan 26

38% Apr

25

27

Oct~28
11

85% Mar 15

Jan

4

21% Mar

8

20% Nov 12

29

Dec

7

30% July 28
100% Deo 30

67% May 18

96% Jan

3
8

29% May

0

42

Jan

31

Mar 14

lOO

Jan

3

95

7% Mar 30

9% Feb

15

22% Jan

8

26% Feb

28

8

37

10% Jan

6

14% Apr

75

5

83% May 26

9% Mar 18

11% May 19
26% May 11

Feb

25

12% Dec 31

Jan

22

78% Dec

10

12% Feb

19

•20% Dec 14

18% Mar 21

6

33% Aug

2

30

Jan

21

147% Dec 16

142

18% Jan

8

Jan

Mar 14

148% Jan

13

I

24% Feb

21

60

7

88% Apr

21

52% Jan

11

14

23

54% Dec

4

53 % Dec

0

48

77% Jan

4

96% Nov

8

92% Jan

7

6

179% Jan

3

7

77

Jan

12

6 % Jan

22

Jan

8

Mar 22

9% May

3

59 % Mar 30

100% May 18
212% Apr 11
98

Apr 26

12

Feb

17

B

$5

conv

Whirlpool

prior

5%'%

(The

100

commoin

Prior preference

Wilson

Oil
&

Co

Inc

34

13

No par

10

preferred

Prior

pfd

200

105

*103%

105

"103%

105

*103%

105

♦103%

105

4%%

1
10

*82
*11%
24
33%

110%

35%

34%

46%

\/45 %

108

22
28%
104

110%

35

110

*34 Va

21%

22

22%

23%

27%

28%

28 Va

28 %

*102%

104

"102%

23%

13,800

28V8

28%

2,800

*102%

104

*102 Va

104

39%

393/4

39%

39'/a

39%

39%

2,700

75%

76%

77

77

76%

77 Va

1,300

66

67

66 V4

67

66

67

653/4

66 Va

3,200

25 %

25%

25

253/8

25

25%

25%

253/»

42,200

X26%

26%

26%

263/8

26%

26%

26%

26%

15,400

69%

42,100

68
102%

70%

9%
25%
35

67%

68'/a

101 %

101 %

*126

67%

68 Va

101 %

101 Va

67%
*101

*126

687/a

53%

101

101 Va

100%

33%

34%

X34 %

34%

34%

353/4

27%

27%

273/8

273/a

*273/4

28 %

38

38 %
99

38 Va

38%

38%

39 Va

100%

98 Va

98%

9

9%

*100

9%

54

101%

*100

9%

25%

25"%

26

34%

34%

13%

12 3/4

13

*82

11%

*11%

24%
33%

23%

32%
*141

300
50

54%

54%

54%

7,900

100%

100%

1017/a

500

353/4

15,500

35

*273/4
39

39

9

3,800

*98%

99%

190

13,600

9%

9%
26%

9%
26%

347/8

34

34%

2,800

12%

13V4

13%

13'/2

18,100

*26
'

1,100

84%

*83

84%

83%

11%

*11%

11%

*11%

11%

11 %

11%

100

233/4

23ya

23%

23%

23

23Va

7,600

33%

45,200

24

33%

33

*141

34/

83V4

33

33%

*83

86

32%

100

141%

142%

142%

223/4

*22 %

227/8

22%

22 5/8

22%

225/a

1,300

79

80%

80%

80%

80 Va

80%

80%

82

3,600

47%

47%

52%

53%

143

4?%
53%
98%

47%
53%
98%

*98

99

*98

*191

201

*196

X22 %

90%

90%

90%

9%

9%

93A

47%

47%

53%

54

X54 Va

543/4

983/4

*963/4

98%

90

9%

206

47%

47%

*196

*141

143

47%

54'/a
*98

*198

206

90%

90%

901/4

10

10

10

100

47 7/a

19,700

54%

4,800
60

98%
202

*893/4

93/4

90 Va

10

52% Jan

3

65% May 26

Yale

13

28

61%

61%

61%

61%

62 V4

64%

64%

65%

22% May

3

27% Jan

11

York

_1

23 %

237%

23'/a

23%

23 %

23%

23%

233/a

23%

54

May 18

61% Jan

13

50

*54%

543/4

543/4

543%

55

55

55

55

55

26

700

4,100

55%

9

25% Jan

25

67% Jan

0

32% Apr
84% Feb

14

0

15% Feb 23

15

4% Feb 20

400

28'/4

26%

9%

34%

12%

101%

347/8

263/8

33%

3%

*126

53%

99

54

68

*101

102

*126

53

13%
85

201

.

300

10

5

22'/a

283/8

75%

10

90
9%

233/fe

28 Va

104

30

23

39%

100

No par

900

3,500

108%

39

80%

Wrigley (Wm) Jr (Del)
Wyandotte Worsted Co

36

463/8

*107%

74%

80%

*191

35%
46

3/8

39%

23

series.100

46

108 Va

76

143

conv

36

46%

*107%

23

series

36

46%
108%

*141

common

4%%

36

453/4
"107%

46%

Corp__10
10

253/8

110%

108

108

100

Public Service
Woodward^Tron Co
Woolworth (F W) Co
preferred

9%
*25

No par

common

Wisconsin

Worthington Corp

1

5

Winn & Lovett Grocery Co
Wisconsin Elec Power Co com

Prior

12,700

106

27%

20

Co

$4.25 preferred
Wilson-Jones Co

6%

26

111

27%
38%
98%

preferred

White Sewing Machine
Wilcox

25%

26%

38%
97%

257/8

110'A

34%

1

2,100

♦104%

27%

20

181/4

111

34

S S)

18 Va

106

127
54%
101%

common

183/a

3,900

1107/8

5

Mfg

Motor Co

3,500

*104%

101%

Corp

White Dental
White

340

233/8

106

No par

preference

40%
863/4

23

"104%

101%

12%

39%
853/4

23%

106

26

68

25%

39
86

106

127
53
100

100

___100

373/4

13

74% Dec 31

11% Jan

dfvld^d

11% Oct

86

Mar 14

series

100

*104%

25%

Wheeling & Lake Erie Ry
Wheeling Steel Corp com

25%

600

7,600

86

37%

27% Apr

Jan

63% Jun

Nov 12

45% May 12

-

preferred

67%
101%

25%

900

3%

54% Nov 10

May

38

94

Jan

3.80%

*102%

25

3%

60% Apr
27
Dec

21% Sep
51 % Jun
20

192% Dec

Apr 27

21

40% Apr
30% Jan
Jan

14

Feb

39% Jan

116

35

Mar 10

21% Jan

21% Dec 23
69 Ye Nov 22
3

4

22% Jan

70

9% Apr
7
17% Oct 20

15

11

Jan

8

28% Jan

83% Feb

10

Westinghouse Air Brake
10
Westinghouse Electric common_12%";

103% Mar 18

34% Jan

10% Aug 16
27% Aug 10
Jun 18

26

26

28

38%

Western Union Telegraph
"When issued"

n

21%

*74 %

18

25% Jan

46%

100

20

May 14
30% May 4

Jan

100

*34%

100

73% Jan

98% May

27

10

new

4.80%
Western Maryland Ry common
4% noncum 2nd preferred

26% May 11
32% Feb 15

80 % Dec 31

25%

Supply Co
preferred

108% Apr

5

4

%

Auto

8

50% Jan

82% Jan

25%

111%

18

27% Dec ~22

54% Dec 31
96% Dec 30

25%
110"%

Western Air Lines Inc.„
Western

25

4

-

pfd

West

44
Apr 21
86% Apr 21

22% Jan

127

5

100

new

4%%

3%

X23%

preferred

36

*37%

3%

3%

38

Penn

48% May 19
109% May 11
23% May 26
30% Mar 24

3%

89
23%

Penn

28

3%

38

No par

4.20%

31

*15

88
23%

com__2.50

preferred

Electric Co

3%

3%

37%

.1

Snowdrift

Sugar Corp
West Kentucky Coal Co
West

Feb

37%

37%

West

Jan

373/4

500

*26%

7

24% Jan 19

200

X223/4

27

35

40%

23%

18

107

40%

373/4

Apr

16

40%

27

Apr

41% NOV 29

40%

23%

113

30% Dec

40%

27

106

110% Oct 29

7,800

*40%

37%

15

4

443%

27

14

9% May 20

327/8
50

44%

23

Jan

23% Jan

323/8
50

44%

37%

101% Feb

105% Aug 10
8% Jan
4

32%
50

44

27

112

Jan

40%

32%
50

44%

l

Indies

Power

*40%

33
51

42%

32%
*50

23

104% Nov 19

108

43

27%
17%

7

3

51

42%

23%

Jan"-4

Oct

51

227/8

Jan

104%

80

27%

_1

convertible

West

104

5

Corp

Wesson

40% May 27
01

Investment

fWelbilt

*103%

5

Webster

4

2,400

18%

Co

9
17

1,700

5

No par

Motor

15Va May

4% Feb

800

72%

Inc

Pipe

8

33% Apr

17% Mar

&

21% Mar

6

200

14

17%

Wayne Knitting Mills
Wayne Pump Co

2% Jan

30%

803/4

125/a

No par

Waukesha

7

30

73

Wash Water Power

31

26% Dec

*133/4

30 %

12%

Corp
Washington Gas Light Co

15

24% Dec 20

13%

17%

Petroleum

11

*79

13%

80%

l

W

Co

62% Mar

23

80 Va

13%
30

Pharmaceutical

36% Feb

Dec

80%

133/4
30

1

Bros

Feb

1

*79

14

297/e
73%

Corp

8

30% Mar 14

24% Jan

—

No par

80%
30%

l

12% May 20
20% Jan

5

39

2 % Apr

37

30

Baking Co common
5%% preferred

3

29

10% Jan

137

*13%

79%

2.50

G

22

19% May 14
9% Jan
6

13% July 20

♦79%

13%
30%

Ward

3

Jan

(Hiram)

Dec

39

14

13% Jan

79%

13%
30

Walworth Co

24% Jan
105

Walker

52% Dec 21

12

100
_10

No par

43% Dec

37

4

30% Jan

preferred.

Co

Warner-Lambert

17

25% Jan

5

4%%

73% May 27
14% Apr 15

18% Mar 14

17

103

RR

Dec 31

86

Nov 29

7% May 20

prtce,; no

f*




e

Name

86

Jan

Jan

18

0% Jan

0

134

May

10

9

10% Mar 23

& Towne Mfg Co
Corp common
4%% convertible preferred

Young (L A) Spring & Wire.No
Youngstown Sheet & Tube
No
Youngstown Steel Door
No

Zenith Radio Corp
Products Corp

Zonite

€.400

63%

4,500

par

28

28%

28

28

28

28

273/4

273/4

27%

28

par

73%

75

73

73%

73%

75%

76

79%

78

795/a

par

15 Va

15%

15

15

147%

15 Va

15

15

147/8

129%

124

No par
1

125

8%

8%

8%

127%
8%

127

8 Va

128

8%

127

1,400

128%

125%

128%

7'/a

7%

7%

7%

on this day. Hn receivership, or petition has been filed for the company's reorganisation,
a Deferred
delivery
r Cash
sales
changed from Consolidated Gas Electric Light & Power Co. of Baltimore,
b Name changed from American Locomotive Co.

wd When

500

1,100
12,700

distributed.

4,400
3,900

*1

Volume

Number 5433

181

.

.

.

The Commercial and Financial Chronicle

Bond Record

(2489)

New York Stock Exchange

«»
FRIDAY

The

italic

letters

WEEKLY

•

after decimal point

Fig>JE£8

YEARLY

■

"Interest Period" indicate in each

headed

column

the

In

case the month when the bonds mature.
represent one or more 32nds of a point

AND

LOW

Range since Jan.

Year 1954

Lowest

Highest

Loweit

HIGH

SALE

GOVERNMENT BONDS

Monday

Tuesday

May 23

May 24

rRICES

Wednesday

NEW YORK STOCK

Range for Prerloiu

May 25

I

Low

EXCHANGE

Highest

Low

High

Low

High

Thursday

Friday

Low

Sales fer

May 27

May 26

High

Low

High

the Week

High

Bonds (I)

♦106.22

106.26

*106.24

106.28

*106.26

106.30

*106.26

106.30

*106.26

1995

♦100.20

100.22

*100.22

100.24

*100.21

100.23

*100.22

100.24

*100.25

100.27

Treasury

10

108.28 Jan

10

1978-1983

Treasury

108.28 Jan

.1956-1959

♦101.25

101.29

*101.25

101.29

*101.25

101.29

*101.25

101.29

*101.25

101.29

1961

Treasury 3 Vis

3s
2Vis
Treasury 2Vis
Treasury 2Vis

Feb

108

19

Feb

108

19

1

100.4

1

Feb

100.24

*100.23

100.26

*100.21

100.24

*100.22

100.25

*100.21

100.24

*103.8

103.16

*103.8

103.16

*103.8

103.16

*103.8

103.16

*103,8

103.16

*105.8

105.16

*105.8

105.16

*105.8

105.16

*105.8

105.16

*105.8

105.16

1956-1958

*100.17

100.19

*100.16

100.18

*100.16

100.18

*100.16

100.18

♦100.16

100.18

1958

*100.7

100.9

*100.8

100.10

*100.7

100.9

*100.9

100.11

*100.8

100.10

1961

*99.4

99.7

*99.6

99.9

*99.5

99.8

*99.6

99.9

*99.5

„1962-1967

*98.4

98.8

*98.8

98.12

*98.8

98.12

*98.8

98.12

"98.8

*98.22

98.25

*98.25

98.28

*98.23

98.26

*98.23

98.26

*98.22

98.25

*97.6

97.10

*97.10

97.14

*97.8

97.12

*97.10

97.14

*97.3

97.12

*96.24

96.28

*96.26

96.30

*96.26

96.30

*96.26

96.30

*96.26

96.30

Treasury 2 Vis
Feb

♦100.21

1960-1965
-Dec 15

Treasury 2Vis
100.4

Treasury 2Vis
Treasury 2Vis
2Vis

tug 15 1963

Treasury 2Vis

.1963-1968

2 Vis

June 1964-1969

Dec 1964-1969

Treasury

Treasury

106.30

1958-1963

Treasury 2Vis

_

99.8
98.12

100.12 Aug

25

100.12 Aug 25

Treasury 2 Vis

*96.23

96.27

96.30

*96.26

96.30

*96.26

96.30

*96.26

96.30

98.29 Feb

15

100.22 July 29

Treasury 2 Vis

1965-1970

*96.16

96.20

*96.18

96.22

*96.18

96.22

*96.20

96.24

*96.20

96.24

Treasury 2Vis
Treasury 2Vis

1966-1971

*96.14

96.18

*96.16

96.20

*96.16

96.20

*96.18

96.22

*96.18

96.22

June 1967-1972

*96.14

96.18

*96.18

96.22

*96.18

96.22

*96.20

96.24

*96.18

96.22

Treasury 2Vis

Bept 1967-1972

*96.14

96.18

*96.18

96.22

*96.18

96.22

*96.20

96.24

*96.18

Treasury 2Vis

Dec 1967-1972

*96.16

96.20

*96.18

96.22

*96.18

96.22

*96.20

96.24

*96.18

Treasury 2%s
Treasury 2Vis
Treasury 2 Vis

1957-1959

*99.30

June 15

1958

*96.26

100.4

99.30

*99.30

99.19

*99.28

*99.30

100

*100

100.2

*99.29

*99.18

100.2

100.4

*100

99.31

*99.30

96.22
96.22

*100

100

100.4

*99.30

100

.1956-1959

*99.17

99.20

*99.17

99.19

*99.17

99.19

15

99.20 Feb

15

Treasury 2 Vis

June 1959-1962

*97.29

98

*98

98.3

*97.31

98.2

*97.31

98.2

*97.31

7

99.20 Feb

100.17 Oct

7

Treasury 2 Vis

Dec 1959-1962

*97.29

98

*97.31

98.2

*97.30

98.1

*97.30

98.1

*97.31

98.2

*98.7

98.10

*98.8

98.11

*98.5

98.8

*98.6

98.9

*98.5

98.8

100.17 Oct

Nov 15

Treasury 2 Vis
International

Jan

100.8

Aug

93.8

Jan

100.8

9

99.10 Feb

14

25-year 3s

July

99.12 Jan

10

25-year

Mar

Apr

93

99.19
98.2

Development

20

May 25

98

Aug 12

1960

*99.17

Bank for

Reconstruction &

94.8

3s

98.4

15 197a
1 1976

98.16

*98.4

98.16

98.20

98.24

*98.8

98.4

*98.4

98.20

98

*98.8

98.24

98.24

*98.4

14,030

98.16

*98.8

98.16

*98.4

98

26

5,000

May 25

102.24 Jan

17

10 >.24

24

100% Apr

15

101.4

Mar

104.24 July 15

103.12 Feb

7

104

Jan

104.12 Man 10

102.24 Feb
lOl.lfiJan

102.28 Feb

13

101.20 Feb

1

7

25

101.8

*100.24

101.4

*100.24

101.4

*100.24

101.4

May 15

1975

*102

102.16

*102

102.16

*102

102.16

*102

102.16

*102

102.24

Oct

15

1971

*103

103.16

*103

103.16

103.24

*103.16

104

*103.16

104

Oct

1

1956

*100.24

101.4

*100.24

101.4

*100.24

101.4

*100.24

101.4

*100.24

104.8

Jan

1

1969

*103.28

104.8

*103.28

104.8

*103.24

104.8

*103.24

104.8

103.24

104.8

1959

100.12

100.24

*100.12

100.24

*100.12

100.24

*100.12

100.24

due Feb 15

1956

*99.16

100.8

*99.16

100.8

*99.16

100.8

due Feb 15

1957

*99

100

*99

100

*99

100

due Feb 15

1958

*98.16

99.16

*98.16

99.16

*98.16

99.16

*98.16

99.16

*98.16

due Feb 15

1959

*97

98

*97

98

*97

98

*97

98

*97

98

due Feb 15

1960

*96.16

97.16

*96.16

97.16

*96.16

97.16

*96.16

97.16

*96.16

97.16

due Feb 15

1961

*96

97

*96

97

*96

97

*96

97

*96

97

2s

Jan

*100.28

2s

102.4

102.4

101.8

2s

26

6

Apr

*100.28

2s

Jan

102.8

Feb

1981

23-year 3%s.
19-year 3Vis
3-year 3s
15-year 3Vis

5

101.16 Mar

1

2s_

Jan

9

Oct

2s

102.8

30-year 3 Vis

2s

101

2

102.16 Aug

94.24 Jan

due Feb 15

1962

*95

96

*95

96

*95

96

•95

96

*95

96

II 5-year

2 Vis

Serial bonds of

No sales transacted this day.

*Bid and asked price.

iThis Issue has not

as yet

Interest
Period

hale Price

or

Friday's

been admitted to Stoc k Exchange dealings,

FOR

Low

WEEK

Sold

Canal

Panama

lot transactions,

a Odd

e

♦99.16

*99

100

*99

Cash sale,

Low

No.

New York Stock

Brazil

High

(continued)

Interest

Last

Period

Exchange

Sale Price

Week's Range
or

June-Dec

*83

19

June-Dec

95

♦88

June-Dec

85

85

June-Dec

32%

32%

June-Dec

*82%

25

June-Dec

87

June-Dec

*83

June-Dec

*82%

3Vis series No. 28

June-Dec

*82%

3 Vis series No. 29

June-Dec

*86

3Vis series No. 30

105 Vi

*86

3 Vis series No. 27

10211

June-Dec
June-Dec

3Vis series No. 26

51

104% 105 a7*

-June-Dec

1980

20

June-Dec

83%

82

——

3 Vis series No. 24

Corporate Stock

84

79%

*82%

3Vis series No. 22

Issue—

High

Low

No.

87

18

3Vis series No. 23

Transit Unification

Jan. 1

Hold

High

3Vis series No. 21

New York City

Range since

Bonds

Friday's

Bid & Asked

Low

—

3Vis series No.

110Vi 111

69.16

r Registered bond transactions.

3%8 series No.

Quar-June

1961-

3s

—

100

3Vis series No.
*

r

100.8

27

BONDS

Jan. 1

Issue-

TerrHerial

MAY

ENDED

Range since

High

100.20

*100.4

100.8

Friday
Bonds

Bid & Asked

15,000

*99.16

Week's Range

Last

New York Stock Exchange

103.24

1950

RANGE

Friday
BONDS

3%

33

*85

3 Vis series No.

■

,

88

96

1

84

90

1

79%

87%

3

81

87

' '■

—

„

»

——'

87
'

Foreign Securities

Brisbane

Sinking
Caldas
Canada

WERTHEIM & Co.
Telephone

Members

New

(City) sinking fund 5s 1957
Afar-Sept
fund gold 5s 1958
Feb-Aug
30-yr 3s s f $ bonds 1978_Jan-July

101%

_Jan-July
Mar-Sept
Mar-Sept

101 %

25-year

2%

25-year

2Vis

120

NY 1-1693

Broadway, New York

(Republic)
5 A7s assented

A 6s

101%

*99%

99%

♦88

89

89

♦88

86%

86%

lAExternal sinking fund 7s ser C 1946—Jan-July

♦88

89

89

fAExternal sinking fund 7s ser D 1945—Jan-July
sinking fund 7s 1st ser 1957_Aprll-Ocf
AExternal sec sink fd 7s 2nd ser 1957_Aprll-Oct

♦88

86%

88

♦88

86Va

87

86%

88

1957—April-Oct

*88

89

89

AExternal

sec

sink fd

20-ytar 3s s f $ bonds
Australia

7s 3rd

ser

1978

Jan-July

.

__

56%

3

100% 100%

56%

25

56%

—Feb-Aug

10-year 3As
20-year 3Vis
20-ytar 3 Vis

3%s
15-year 3Vis

15-year

98%

12

97

98

11

97%

101

7

100 %

100 %

99%
100

101%

.

3.5%)

148

10013

102%

101%

104%

81%

75%

81%

85

89

*100

65%
*100

1926 due 1957

1952
Stamped pursuant to Plan A

128

7

89

June-Dec

1978

6
•1—

104% 104%

June-Dec

June-Dec
April-Oct
June-Dec

67

67

64%
*100

—

65%

60

70

89

100

100

—

1

64%
101

—

67

81%

4

17

20

64%

10

—

—

—

—

(Interest

1978—

*64%

June-Dec

funding bonds of 1931 due 1951
Stamped pursuant to Plan A (interest
-Aprll-Ocf
reduced to 3.375%)
1979.

100 %

100'%

*71%

April-Oct
April-Oct
Feb-Aug

*71%
71%

71

%

1

68%

71%

Feb-Aug

43%

43 %

1

39%

43%

f 7s

s

6s 1960

1960

6s Feb 1961

1961

6%s

A 8s

62%

67

101%
67

61%
101

1961—Jan-July

*42%

68%
—

*71 %

*63%

63%

64 %

1—

_June-Dec

3 Vis series No.

2—

_June-Dec

3 Vis series No.

3

.June-Dec

*83 %

-June-Dec

83 %

83 Vi

84

84

3 Vis series No.

3%s series No.

83%

83%
83

84
83

10

65%

79 Vi

40'A

41%

69

69

April-Oct

*42%

39%

41

Afay-Nov

*71 Vi

Afay-Nov

*42%

1962

fund

sinking
fund

1963

6s

1963

1957

1961

assented

1961

assented

1962

1962

Municipal

Consol

assented

42%

June-Dec
June-Dec
AprZZ-Oct
— '
April-Oct
Afay-Nov :) --J.,
Afay-Nov j _fl \
Mar-8ept
' __
,

1961

1960

7s

Mar-Sept

1960

40 %

192

38 Vi

42%

1

68%

69%

40

42

42%

40

71%.

*42%

85%

2

79%

84

"l

^,-4-

38 Vi

*71%

68 %

71%

*42%

39%

41

69 %

69%

39%

41 Vi

72

72

1
'

*42 Vi

*71%

t
—

—;

69%

80

'

5s 1951

13

13

1

•83%

89

86

92

.June-Dec

*83 %

87Vi

83

86

3Vis series No.

9

-June-Dec

*89

90

90

3Vis series No.

-June-Dec

10

__June-Dec
—June-Dec

*82%

92

*92

3Vis series No. 11
3 Vis series No. 12

—June-Dec

*87

3Vis series No. 13

-June-Dec

.June-Dec

♦83

92%

3 Vis series No.

15—.

-June-Dec

*85

3Vi8 series No.

16—

_June-Dec

17

_June-Dec

*82%

__

85

146% 146 Vi
*122

7

124

For

footnotes

see




page

37.

87%

87%
85

79 Vi

81

__

83

84

85
85

146%

119

■mi*—'

f

123 %

120

—

,

123 Vi

lACopenhagen

(City)

5s

2Vis ref $ bonds

(Republic of)

June-Dec
Afay-Nov

1952

25-year gold 4Vis 1953
lACosta Rica (Republic of)

7s

1951

1953 due 1972—

4Vas external

1977

May-Noo
April-Oct
June-Dec

101%
__
__
„

r_

'

*122

65%

66
—

101
101 %
99% 99%
*71% —
*61 % 63
110% 110%

62%

12
—

7
10

For Financial Institutions

FOREIGN

SECURITIES

FIRM TRADING

MARKETS

r ARL MARKS & P.O. INC.
FOREIGN SECURITIES SPECIALISTS

50 Broad

St., New York 4, N. Y.

Telephone IIAnover 2-0050

68%

■

89

82

*83

3Vis series No.

92

83

84%

*86

3Vis series No. 14

4

14

,

86

-June-Dec

8—~H—~—

3%s series No.

72

12

1

4-

86

3 Vis Berles No.

3 Vis series No.

42%

*42%

85%

79 Vi

69%

39'/4

M*'

♦42%

June-Dec\13
IA Cologne (City of) 6%s 1950—
Afar-Sept
A Columbia (Rep of)
6s of 1928 Oct 1961—April-Oct
A 6s of 1927 Jan
1961
Jzn-July *
3s ext. sinking fund dollar bonds 1970—April-Oct
65%
lAColumbla Mortgage Bank 6Vis 1947
April-Oct
fASlnking fund 7s of 1926 due 1946
May-Nop
lASlnklng fund 7s of 1927 due 1947
Feb-Aug
(Hukuang Ry)

68%
—

71%

June-Dec
-June-Dec

bonds 3s 1993

$

.

86

79 %

69 i/e

*71%

6%

External dollar bonds of 1944 (Plan B)-

41%

*42%

65%

66%

69 %

39%
681/2

—

102

63%

41%

April-Ocf

'

A 7s

Jan-July

69%

39%

—..

*71%

J.

69%

68%

1961—Mar-Sept
Mar-Sept

assented

A6s

*42%

56%
42

1962

6s

AGuaranteed sinking fund 6s
AChilean

*42%

68%
40%

—

sinking fund 6s Sept
Sept 1961

sinking fund

AGuaranteed sinking fund 6s

Cuba

June-Dec

(Central Ry)

3.5%)

146% 148
*100% 101

Feb-Aup
June-Dec

97%

1942—May-Nop
May-Nop

Mortgage Bank 6Vis
A6Vis assented 1957

A Chinese

f 6Vis of

reduced to

98

98

June-Dec

12

97 Vi

AChlle

100%

98 Vi

Feb-Aug

April-Ocf
Stamped pursuant to Plan A (interest
reduced to 3.375%)
1979
April-Ocf
AExternal s f 6Vis of 1927 due 1957
April-Ocf
Stamped pursuant to Plan A (interest
reduced to 3.375%) 1979
April-Ocf
s

99%
97%

June-Dec

(Free State) 6Vis 1945
(Kingdom of) extl 7s 1955
Extl loan 10-year s f 4s 1964
A Berlin (City of)
6s 1958
5A6Vis external loan 1950
lABrazil (U S of) external 8s 1941
Stamped pursuant to Plan A (Interest
AExternal

8

sink

Extl

56%

31

98

98 %

84%

sinking fund

assented

A6s

101

98%

98%

lABavarla

to

100

100% 100%

100%

June-Dec

Belgium

reduced

54%

AExternal

101

-June-Dec

1957
1967
1966
1962
1969

98%

2

1942

assented

A 6s

57

103%

15

assented

A 6s

AExternal

103%

100%

56%

assented Feb

AExternal

A

(Commonwealth of)—

10-year 3%s 1956

IA 7s

*88

54

2

33

98 Vi

ARy external sinking fund 6s Jan
A6s assented Jan 1961

AExternal

98%
98%

100%

_

56%

56%

56%

sinking fund

assented

A 6s

AExternal

lAAntloquia (Dept) collateral 7s A 1945_Jan-July
§ A External sinking fund 7s ser B 1945—Jan-July

103%

100% 101 %

97%

external

fAChlle

Government and Municipal

Agricultural Mortgage Bank (Columbia) —
S A Guaranteed sinking fund 6s 1948
Feb-Aug
§ A Guaranteed sinking fund 6s 1948
ApriZ-Oct
Akershus (Kingdom of Norway)
4s 1968—Afar-SeP

101% 101%

87

102%

30-yr 3s s f bds 1978-Jan-JuZy

1975

(Dept of)

AExternal

Foreign

1974

81

100%

7

T eletype

York Slock Exchange

Cauca Val

REctor 2-2300

3 Vis 1961

(Dominion of)

93

81

88

87

♦103

(Dept of)

93

V

i.

Teletype NY 1-971

100

99%
66

57%
110

101%
101%
71%
63
113

The Commercial and Financial
Chronicle

(2490)

NEW YORK STOCK EXCHANGE
ft^iE
Friday
BONDS

Interest

Sale Price

Friday's

or

Bid & Asked

Low

Oundinamarca

(Dept ol)

Oxecnoslovakia

(State)

———Jan-July

*56%

New York Stock Exchange

Low

58%

64 Ya

I960-——-r

^"5C|

Aprii-Oet

47
~rf.

101/a

47

f

extl

b

f

bonds Jan

dollar

dollar

bonds

Jan

1

1978

42%
1(10%

Jan-July

81 %

77

—'

*72

82 Ya

(Republic of) 7s 1967—
lAFrankfort on Main 6Vis 1953
(Federal Republic of)—

—.Jan-July
Jfay-Nov

8s

1936

148

18

19%

150

10

128

IA 8s

8%s

dollar bonds

dollar

3b

bonds

bonds of

J

rj„_.

90%

92%

97%

475

80

97 Ya

(39%

68%

63%

50

53

69%

bonds

1953

1953

1963—Jen-July

78Ya

77

79%

85

65%

79%

due

Apr-Oct

78%

77

78%

97

dollar

bonds

1980

June-Deo

91%

86%

92%

462

Ss

dollar

bonds

1972

June-Dec

09%

68%

69%

71

April-Oct

124/2

German

(extl loan 1924 Dawes loan) —
|A7s gold bonds 1949————.
German Govt International

(Young loan)

1930

due

June-Deo

gtd

series

Italian

ext

Public

30-yr gtd

1

s

B

BYaS due

Mexican

*99%

115 Ya

lo'oYa

—

102

30%

31

27 Ya

28

29%

73

25 Ya

33 Ya

1977-

f

1954

140

140
205

3s

'30

104

63%

63%

122

62 %

20

Jan-July
Jan-July
June-Dec

ASrnaU
Of

1609

61%

62%

ZZ

assented

A6s

new

62%

36

57

(1942

*115

63%
125

67

—

59

113%

16

93%

A4s new

1A

4s

of

140 Ya

91%

G

91%

*22%

26%

82

A4s

ZZ

57

57

►9%

10

27
87

54 Vi

10%

9%

(1942

1913

agree't)

(assented to

(1942

agree't)

6VaS

16%

16%

16%

>9%

10

ex'l

Stamped

2.125%) 2008
sinking fund 6Vas

pursuant

Plan

to

(Kingdom

/Wirierfnr*

A

nfv

flans.

of)

3%s

1957

loan

sink

ext.

6s

Mar-Sept

19G5—...April-Oct

ANat loan

of)

extl

s

s

tuna

to

assented

f

oo

6s

—

Great

Southern

Aluminum
3s

f

8

Mfg

3%s

Co of

Co

of

American

Airlines
&

18%

17%
112 %

to

2%s

18%

conv

3%s

120

58

58

April-Oct

*107

77

April-Oct

June-Dec

debentures

*80%

103%

1966

101%

99%

101% 102 Ya

100

99% 105 V'4
*105

June-Dec

1987

85

103% 103 Ya
*__

1970—May-Nov

94%

99

96

17

99 %

97 %

93

103%

74

80%

11%
—

1
—

8%
140

80%

16%
15
156

87%

103%

105%
96

96
108

109 Ya

101

103

—

—

24
—

36

43
—

96 Va

96 Ya

85%

•

3
—

80

83

103 %

105%

99 %

100 Ye

101%
99 %

104 %

103

101%
106

6

96

98

90

203

87

90%

74%

79%

'

89 V

Jan-June

78 V

a

78

78%

304

Feb-Aug

921

4

9 2 V'4

92Ya

62

92

95%

April-Oct

94 •'

4

94%

95 Yu

40'

94

98

89 Vo

89 Ya

11

88%

93%

Jan-July
April-Oct

92

92

7

92

95%

4

93 %

97%

35

103 %

105 %

95 Ya

21

95%

14uVa 146 Ya

112

136%

149%

26

101%

104

100% 101 Va

34

100

68

95'

June-Dec

1984

94 V'4

101 Ya 101%

10.)'

Feb-Aug

1965

92 V'4

94

June-Dec
June-Dec

1971

debs

91 V'4

—

98 Va

*101% 102

April-Oct

1978

3%s

151%

81%

__

103 Va 163 Ya

May-Nop

1975

debentures

90 Ya

*89

*96

'

a

103% 104
95%

146' la

Mar-Sept

American Tobacco Co debentures 3s
3s
debentures IPJ 9

38

3 %b

Ann

*101

debentures

P

Arbor
W

100'A 103%

100

1
2

101%

Armour

99 %

101 %

1031/4

&

7s

98%

93

110%

69

103

100 %

Atlanta

t02Vi

103 va

*103

*133%

100

102 %

128

—

135

141 Ya

147

Stamped 4s July 1

Ore 11

& Charl

Ry 33/-c *963

*%s-4s

mortgage

April-Oct
May-Nov

1995

Air Line

A

i,er

Mar-Sept
—Mar-Sept
May-Nop
May-lVop
Mar-Sept

1959

145

—

87 V4

—-

90

G

138

__

80%

—

-

*52

82 Ya
—

16
—

80%

CO

128 Va

137

71Y*

*36%

36

41

*74 Vi

69

73 V*

4

68

74 Ya

74%

2

68

74 Ya

April-Oct

11

April-Oct

Plan

14

*12Y»

1

20

14

14 Ya

13%

17

13 Ya

13%

14

14

10 Ya

14

Mar-bept

debentures

15

10

11V4

A

sinking fund gold
Stamped pursuant to Plan A

97%

*164
*

26

10

15 V'4

40 Va

lixed

and

41

Series

K

due

March

1

2000

.Mar-Sept

Series M

,

Dec

due

March

1

1996

_Mar-Sept

Ref

and

contingent interest)

117 Ya

121%

118

113

118

115% 116%
*103% 103%
107% 103
103

103

103 %

*102%

3
13

8
11

103%

103 >/4

109%

101%

105 Yi
105 V*

99%

103

93
__

116%

1U7

103 Ya

—

*9.)

llOVa
102%

97 Ya

10

103

100
105

43

8'western

(3%% fixed & 1%% conting lnt)
Toledo-Cincinnati division—

43%

Bell

58 Va

Beneficial

first

mortgage

and ref M

36

39

75

April-Oct

*41

75

49 Vi

—

June-Dec

*63

43
67

53

63

42%

May-Nov

42%

*62

17

64

42

47

62

(interest

63

__

111

111

40%
39

111

109 %

5%

series

4s

42%

4%s

ser

D

conv

107%

100 V*

IOOV'4 100%

100

100

97 %

111

94

103%

100%

97 %

87

94

103

53 Vo

114

93%

100%

1C4

%

163

100 Ya

106 Ya

103% 104%
86

8614
102

101

86%

% 102

152

20

79

101 Ya

89 Y4

104 Y*

A

1985—Jan-July

22

96%

98 %

93

35

S3

93%

r£%

22

98 Ya

105>4 105 %

1980_Jan-JuZy

100

9812

100%

103

41

120

1976—J an-July

99

101

4

105 Yi

97

97

2

95 Y»

ApriZ-Oct
June-Dec

120

1

95

123 %

126

129%

6

104

129 Va

Feb-Aug

IJO

124

130

3

105

130

Consol mortgage 2%s series I 1970
Jan-July
Consol mortgage 2%s series J 1976
May-Nop
Consol mortgage 3s series K 1979——-—Jan-July

97

5s

Pa

City Electric

|A6%s
6%8

f

8

s

f

2%s

6s

1955

debentures

1951

debentures

Steel

.

1959_

mortgage

5s

debs

series

First

mortgage

4%s

mortgage

4s

AInc

mortgage

4%s

Brooklyn
1st

Union

108%
98 Ya
120

Corp—

Borden (The) Co 2%s
Boston & Maine RR—
First

C 1960—April-Oct
debs l96l_May-Nov

series

Loan

1981

AC

series

series

A

Gas

mortgage 3s

gen

1980

mtg

96%
*95

97'/4

1970-May-Nop
Apr:2-Oct
1976— Jan-July

2%s

Jan-July

10
7

90 %

99%
99 Y4

98%

101 Ya

97 %

100

79

90 Ya

80%

8)

84 V8

79%
6 i1

a
£

80'2

253

72%

80 Ya

66 Va

Jan-July

July

97%

*36%

April-Oct

1968

96 *

96

98%

*86

Mar-Sept

1961.

1960

96

97

98%

58%

Mar-Sept

1967

JJ

series RR

Bristol-Myers Co 3s debentures

*39

105

103 %

120

of

Industrial

First

to

*42%

102

26

120

Telephone

Bethlehem
0

12

105 % 105%

65

40%

(Interest

to Plan A (interest
2.25% ) 2004
June-Dec
T« 1067 stamped
pursuant to Plan A
(Interest reduced to
2.25%) 2004
June-Dec
lARome (City of) 6Vis 1952
ApriZ-Oct

div

First lien

159%

ABerlln

*64

June-Dec

97Vi

56 Va

36%

102% 102%
105%

—

1995

1

83 Va

58Vi

*57

pursuant

37.

103

102 V'4

89

(2%%

41%

141

,

36 Vi

6%

mortgage

and 3%%

A4%s convertible income Feb 1 2010
—May
Pittsburgh Lake Erie & West Virginia—
Refunding 4s series A 1980
May-Nop

A

1966

general

1

Bangor & Aroostook RR

June-Dec
due

100 %

*—

98 Ya

103

contingent

due

83

40%

__

*41

(2%
Interest) —
1995—-—-——June-Dec

3%

Series G

77%

10

—.

64

Aprll-Ocf

19S8

85

80%

Refunding and general mortgage 5%

17

41%

96

*97%

Feb-Aug

1999

Jan-July

1975.April-Oct

15

11

(interest

2012

1979

Baltimore & Ohio RR—
First mortgage 4s series A July 1975
April-Oct
First mortgage 5%
series B (4% fixed
and 1% contingent Interest) July

20

2

—

*40

Feb-Aug

A

79%

7.%

85

79%

JUn-J^ly

3%«

Series J due Dec
*40 %

April-Oct

1953

73%
389

*80
80 V'4

mtge 4%s ser C 1972
—Jan-July
General mtge 3%s series D 1380
3.—Mar-Sept
Atianw.C ReiUiUig 2°/es ueoeiuures 1966

13

12 Ya

14%

20

A

2001

83%

B
Mar-Sept
Mar-Sept

71%

to

100%

1

88

103 Ya

60

73 V*

;

97

82'/a

60

1
5

08

May-No?;

8u

101%
101

58 Ya

88

Atlantic Coast Line RR 4%s A 1964—— June-Dec

1

99 V'4
100

98%

Mar-Sept

118

73 V4




1962

99 Vi

100

7 4 Vi

page

May-Nop

100%

—

see

1984

100%

2

100% 100%

April-Oct

deb

99

100

74%

reduced to 2%) 2012
external loan of 1926

sub

100

1961—April-Oct

Plan

1966

5s

inc

5s

Investment 3%s aebs
Atchison Topeka & Santa Fe—
General 4s 1995

fixed

2.5%)

Co

Quar-Jan

100'.a

100% 101

June-Dec

1995

July

1'

100 *8

—

1958

2%)

4s

100,

April-Oct

99%

I960—June-Dec

6Vis

gold

1960
1977

Associates

100

series

2.375%)

first

1962—April-Oct
April-Oct
Feb-Aug

1977

Products Co

99%

101%

series

pursuant

footnotes

83
82

companies

G«>n

external

reduced

72%

94

18%

*102

Anglo-Lautaro Nitrate Corp 4s
Anheuser-Busch Inc 3%s debs

100

Feb-Aug

do Sul (State
of) —
external loan of 1921 1946

Stamped

156

1967
May-Nop
3Vis 1972—Jan-July

1986

debentures

3%s

38

39%

103 Va

ia/o_June-Deo

gold 6s 1940

Stamped pursuant to
to

13

156
—

5

—

~

*11

Corp 3%s s f debs 1964—May-Nov
Foreign Power deb 5s 2030—Mar-Sept

17%

*lo Gr-nde

reduced

*81%
*—

June-Dec

1987

17%

9J% 100%

Bosch

American

97%

Feb-Aug

1979

3s

21

9 J Ya

June-Dec

1982

13

1UJ%

Mar-Sept

Ltd

93

Ya

Feb-Aug

1956—Mar-Sept
3Vis 1964
Feb-Aug

Canada

59

,

debentures

America

debentures

Aluminum

91 V'4

95''a

1961

3 Vis debs

2s

debentures

2nd

6s

secured

reduced

63 %

133

77
149

—

8 J Ya

9b

1971

first mortgage
3 Vis 1984

mortgage

debentures

1st

Stamped pursuant to Plan

For

'26

to

*151

hal

debentures

100

19-16

lAIxternal

A7s

extended

debentures

♦38

reduced to 2.375%) 2001
Jan-July
stamped pursuant to Plan A
(Intel .'St reduced to
2.25%) 2006
Jan-July
a Prussia
Free State) 6 Vis ('26
loan) 1951_Mar-Sept
A6s s f gold extl
('27 loan) 1952
1
Apr-Oct
|ARhit?-Maln-Danube 7s 1950
Mar-Sept
IA Rio rie Janeiro
(City of) 8s 1946—
April-Oct
Stamped pursuant to Plan A (Interest

A8b

1961

2%s

16%

(Intel ist

IA 81

due

2%8

1968

(City of)

to

131

—

95%

ICQV'4

April-Oct
lAExternal sinking fund
gold 8s 1950—Jan-July
assented
1863
Jan-July

reduced

1

--

S0V2

!
6s of

16'/4

A4Vi3

stamped

83

May-Nov

1958

(City of)

16%

*18%

lAStacillzatlon loan sink fund
7s 1947—April-Oct

*orto Alegre

127

%

78

83

*82
*82

May-Nov
1978-June-Dec

April-act

1968—:

external
f

(Republic of)

assented

__

7O

May-Nov

Feb-Aug
April-Oc+

1952

extended

extl

19b 1

assented

2%s

May-Noc

10*0—

A5%s extl loan (30-year) 1958

8a

A4%8

2%a

Mar-Sept

lAPernambuco (State of) 7s 1947
Stamped pursuant to Plan A
(Interest
reduced to 2.125%)
2008
(Republic

*138

26

—

Valle Del Cauca See Cauca
Valley (Dept of)
AWarsaw
(City) external 7s 1958-^.

15%

1959—Mar-Sept

Oriental Development Co Ltd—
IA 6s extl loan
(30-yr) 1953
8s due 1953
extended to 1963
1958

83 Ya

May-Nov

1979

conversion

4.808 Junior debentures

*53

2008

4%s

fANuremberg (City of)

7%s

1946—-Feb-Aug

4s-4%s-4%s external readjustments
1978_Feb-Aug
3Vis external readjustment 1984
Jan-July

15%

*33

amiui*, Xunu external loan 19bj
sir kin e fund external
1957
s
f extl loan new
1965—

Municipal

15

100%

127

80%

June-Dec
8s

1979

conversion

*15%. 16%

Mar-Scpf

4Y»s

A4V*s

10

(Interest

External sinking fund old
4V4S

A4Vii

External

A

Netherlands

100

iuoy4

—

reduced to 2.125%)

lAPolanl

17%

9%

*58

to

20

12%

*127
--

—

American Telephone & Telegraph Co—
2%s debentures 1980
;

ASecured extl
sinking fund 6VaS 1958—Mar-Sept
Stamped pursuant to Plan A (interest
reduced

97%

15

—

-

June-Dec

external

readjustment

American

1963-Jan-July

1852

16

*100

—.

Mar-Sept
on

1963

8%s-4Vis-4^,s external

17

16%

—

17 %

16 %

—

*103

(State)

89%
16

20

*1J

Aprll-Ocf

1952

coupon

1953

(Republic)

Allied Chemical & Dye

April-Oct

ANat

'12

1952

mtge $ ser
extended to

Allls-Chalmer8

*18

(City of)

17 Ya

Ya

t

April-Oct

sinking fund 6s I960
AExternal sinking fund 6s 1964
3%s-4s-4Vis (dollar bond of 1937)

Jan-July

ussented

Minas Geraes

APeru

—Jan-July
Jan-July

3%s debentures 1973

n»w

6%b due

1981

to

AExternal

1922

1933

Jan-July

Albany & Susquehanna RR 4Vis 1975
Alleghany Corp debs 5s ser A 1962
Allegheny & Western 1st gtd 4s 1998

1963-Jan-July

ASmall

Nr»rw«v

extended

*15%
6s of

85

'

10%

Jan-July

agreement)

ABecured

1st

1953

1st

1963-Jan-July

I ASmall

lAMliau

IA 6s

57

1945—Quar-Jan

ASmall

lATreasury

98

73

—

99
I

—June-Dec

sterling loan of

Alabama

(1942 agree't)
1968—Jan-July
to 1922 agree¬

assented

A8s

1971

5 A With March 1

91%

20 Ya
86 Va

1968_Jan-Jaly

1945

new

5Vis due

(assented

ment)
IASmail

1

—

June-Dec
—-June-Dec

1958

Tokyo (City of)—

154

June-Dec

assented

1910

assented

*155

June-Dec

Taiwan Electric Power Co. Ltd—
A5 %8
(40-yr) s f 1971

101

7

1922 agree't)

to

77%

24 Va

|A6%s 1st mtge s f 1952
8%s due 1952 extended to 1962
ASllesla (Prov of) external 7s 1958

176

154

>16%
(assented

77 Ya

—-

24%

6a

1954

:

20%

123

163

100 % 101

>16%

1904

due

84

95

19%

65 Ya

G

153

ASmall
A4s of

73

1

1943—May-Nop

agree't)

1

10

65

ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ

assented

73

20%

Alabama Power

agreem't)

85

21%

Quar-Jan

(1922

———Aprll-Oet
(Kingdom)—

IA 5s

IA Small

IA Small

2012

67

169% 176

Feb-Aug

1964

1949

75

--

(Interest

205

lALarge
|A6s

A

102

—

due

__

—

73

—-—Jan-July
Jan-July

1968

58

1968

(Republic of)

IA5S

—

*97%

—

21%

External

agreem't)

*77 Ya

Mar-Sept

A5%s extl loan of '27 1961
6Vis due 1961 extended to 19 71

178 Ya

89

—

20%

6b

1965

(1942

2%)

8s secured external

AYokohama

assented

to

53

(interest

2004

loan

51

1962———May-Nov

141V*

Irrigation—

ANew

2.25%)

dollar

83

5

59

78%

58

*75

54

*102

A7b series

lAUruguay

1977

of

1956—

98

4

205

♦—

1

High

B secured external
1962——May-Nov
Shlnyetau Electric Power Co Ltd—

Mar-Sept

extended to

loan

A

Jan. 1

Low

Tokyo Electric Light Co Ltd—

—Jan-July

1947

s

to

reduced

35 Ya

28'%

April-Oct

|A4%s as.'ented (1922
agreement)
!A4 Vis small 1943

Mexico

90

Utility Institute—

ext

extl

37

29%

Feb-Aug
May-Nov
BVi8 due 1965 extended to 1975
May-Nov
AJugoslavla (State Mtge Bank) 7s
1957—April-Oct
AMedellln (Colombia) 6 Vis 1954
June-Dec
30-year 3s s f 3 bonds 1978
Jan-July
A5%s

125

29%

(Imperial Govt) —
extl loan of *24 1954

A8Vis

102%

.-May-A'OD

I AExternal 7s
1952
IA Italy (Kingdom of) 7s 1951

Japanese

33

69%

Feb-Aug

3s

loan

Bydney County Council 3%s 1957

1946

58

—

Jan-July
Jan-July

*165

Jan-July
Jan-July

—

6s

water

external

a4Vis

Italian Credit Consortium for
Public Works
IA 78

125

110% 115%

Heidelberg (City of) ext 7Vis 1950
Jan-July
Helslngfors (City) external 6Vis
i960--.——April-Get
Italian (Republic) ext a f 3s 1977
Jan-July
30-yr

external

A 68

92 Ya

53

'

part

paid 1968
Hamburg (State of)

1A

120

69%

1

6%s due 1950 extended to 1960

A6s

CO

63 Y2

Range since

A

1999

Stamped pursuant to Plan A

r-

—

1865

Great Consolidated Elec Power—
iA 6Vis 1st & gen mtge 1950
Greek Government—
A7b part paid 1964

2.5%)

Plan

1950

Berbs Croats & Slovenes

6s

loan

to

to

Stamped pursuant to Plan

International loan of 1930—

6%a

A7s

Issue—

1972

No.

60%

May -Nov

pursuant

reduced

external

reduced

issue

Conversion

dollar

48

_

April-Oct

April-Oct

1936

& fund

conv

Prussian

„

1969
1972

bold

(interest

2001

Stamped pursuant to Plan A (Interest
reduced to 2.5%)
1999—
—-j—Jan-July

Ixternal loan of 1924
3s

2.375%)

stamped

(Interest

20%
150

German

Bonds

High

>69

to

reduced to 2%) 2012
Ban Paulo (State of) —

*—

*15%

__

Friday's

*76

.

10-year

1952

8s

A6Vis

102%

"

*80%

1976

1

AEstonia

or

Bid & Asked

May-Nop
extl secured sinking fund 1957—_May-Nov
Stamped pursuant to Plan A (interest

47

5
14

101% 101 Vi

Sale Frice

May-Nov

reduced

_

b

8s

(City)

Stamped pursuant to Plan A

(Kingdom of) extl 4YaB 1962
(Republic of)—

Last

Feriod

Low

lASao Paulo

57

SI Salvador

8%a extl

interest
■

High

(interest reduced to

extended to

8%)

1978

BONDS

Jan. 1

No.

Monday, May 30, 1955

Week's Range

Friday
Range since

Sold

High.

.

RECORD

Bonds

—

Stamped assented
Denmark

3b

BOND

.

WEEK ENDED MAY 27

Week's Range

Last

Feriod

New York Stock Exchange

FOR

.

67%

23

53%

69%

97 Y*

99

93 Ya

97

98 V'4

94V4

—

94Vi

12

Number 5433

181

Volume

(2491)

The Commercial and Financial Chronicle

...

EXCHANGE BOND RECORD

NEW YORK STOCK
RANGE

Interest

BONDS
New York Stock

Feriod

Exchange

Last

or

Canada Southern

Canadian National Ry—
Guaranteed gold 4%s

Jan-July
June-Dec

1957
Guaranteed gold 4%s 1955
Guaranteed gold 4Vis 1956

Canadian Pacific Ry—

93 Va

105%

2

92%

-

—

'

98%

105%

—

108%

20

101

101 ii

12

101%

104(1

103-/8

103'%

12

103

106 Va

106

*72%

Central

York

New

€8%

94%

98%

89

87%

91

5

87%

91

85 VA

85

85VA

35

83 %

88

G1

62 VA

60'%

514

59

65%

99'%

99'%

9j%

4

98%

10

100 %

101%

99%

100%

Fibre deb 3s 1965
Chesapeake & Ohio Ry—
LiM*

Mar-Sept

Geiieiax

3%s series o l9y6--.iviay-.lYui
M 3Vis series E 199tt_.Feb-.4up
Refund and impt M 3%s series H 1973—June-Dec

Refund

and impt

R &

div first consol

A

Jan-July
Jan-July

gold 4s 1989

consolidated gold 4s 1989

Second

Chicago Burlington & Quincy RR—
General

and refunding

First

ref

1st &

mortgage

refunding mortgage

First and

mtge 3s 1990

1

5s

3%s series
deos Jan 2054

mortgage

income

B

Income 234s-4%f»

Jan-July

1994

Union Station—
First mortgage 3 Vis series F

Denver

102%

First

100%

lu2%

42

102%

10tt

112%

115

112 y.

112%

17

102 v4

104%

97%

101%

94%

98%

115'%

__

—

—

.

97'%

97 VA

94 %

94%

3

95 %

15

—

2%s 1978
Jan-July
Cincinnati Union Terminal—
First mortgage gtd 3%s Beries E 1969—FpJ'-Aug
First mortgage 2%s series G 1974
Feb-Aug
C I T Financial Corp 2%s 1959
April-Oct
First

3%s

84

Gen & rel 2%s ser N

122%

123

4s

debentures

Jan-July
debs 1977
Jan-July
debentures 1966
June-Dec
debentures 1961
June-Dec
^ati Chic ft St Louis Ry—

4

94*/8

t9'/s

80%

8674

77%
79

75%
100%

76

78

78

1

70

4

100

100% 100%

June-Dec
June-Dec
series E 1977—Jan-July

5s

Refunding and impt 4l/as
Cincinnati Wab & Mich Div 1st 4s 1991—Jan-July
St Louis Division fli.-t coll trust 4s 1990_May-No«

102%

Illun/natlng 3s 1970—Jan-July
First mortgage 3s
198?
June-Dec
First
mortgage 2%s 19^5
Mar-Sept
First mortgage 33/as 198fc
June-Dec
First mortgage 3s
1989
May-Nov
Cleveland Short Line first gtd 4%s 1961—April-Oct
Colorado Fuel & Iron Com 4 3/„8 ;gqq
June-Dec
Columbia Gas System Inc—
3s debentures series A
1975
June-Dec
3s debentures series B 1975
Feb-Aug
3%s debentures ser C 1977
4pril-Oct
3l/2s
debs
series D 1979
Jan-July
3V2s subord conv debs 1964
Vay-Nov
Columbus & South Ohio Elec 3 Vis 1970—May-Sept
1st mortgage 3%$ 1983
May-Nov
Columbus & Toledo first, external 4s 1955—Feb-Aug

Feb-Aug
June-Dec
April-Oct
April-Oct
—April-Oct

1977
1978
fund debentures 1999

3s series L
First mortgage 3s series N
mortgage

sinking

2%8

1999
f debentures 2001

27/as

debentures

f

s

s

1st

mortgage

1st

mortgage

1st

mortgage

78

79

155

68

79

64%

635

52%

*76

77 %

72%

78

93

97 '

—

83

77%

81%

4

81

81

78

4

100 %

11

82%

81'%

—
—

>-

—.

100'/a 100%

103

9J

*108 %
*95

__

100%

107

99

98

24

108%
98%

95

95%

99%

100%

27%

87 ,4

■

——'

'

101

—;;'

100

101

—

75%

——

116

120'%

96'%

l'jl %
103

122%

97%
103'/a

110 Va

101

*100

103%
125%

96%

100%

96%

1
„

99'%
103%

4

101

26

103

105%

118%

—

104%

100

—

126

100%

150

122'% 123
*100% 101 %

101

1017/a

2

101'% 101'%
103

94
105

98

——

96%

*87'.a

101%

94

59 '/a

103% 103 %

103

103

——

'

108%

98 Va

99%

tf

*104

74 Va

100

17

98%

88'A

97

——

100%

»

100

98

99'%

48

98%

101%

9J

99 Ve

17

99

101

94

93

94%

2

94

98

fit

93

*Io%

—

92 '/a

90

92

92'A

—

--

*98

April-Cef

First

1st

ft

1st ft
1st

ft

1982_Afar-Reut
and refund mtee
ser B 1977. 4©nl-Oei
and refund mtge 2%s ser C 1912-Jnnc nec
and refunding 3s series D 1972
May-Non
anu refund
mtge 3s series E 1979__Jaa-July
and refund "mtge 3s ser F 1981
Feb-Aug
ref M 3Vis ser G 1981
Afap-Nov
ref M 3%s ser H 1982
;—Afar-Sept
ref

M

1984
3s convertible debentures 1963
Consolidated Gas El Lt & Power
1st ref M 27/8s ser T 1976
1st

1st

ft

ref

M

mtge

ref

1st

3Vis

(Bait)

1981

f 2%s ser X

1986

3s ser Z 1989
Natural Gas 2%s

mtge

Consolidated
3 Vis

s

J

ser

ref M 2%s ser U

1st ref

3s

3%s

Feb-Aug
Jan-July
June-Dec

series I 1983

3%s

debentures

1968

1976

96%

debentures 1979
1978

A3s

In

-

U

S

3%s

92%

95%

93

93

1

92%

95

96'/8

99%

102

96%

3

99

36

99%

102%

98'%

100

98

2

100%

101'%

6

101% 102

98%

99
■

99 Va

104%

103%

5

103

106

104% 104%

5

104%

106%

103'%

29

103

105%

194% 194%

1

180

198

103% 103%

103

<1

Jan-July
__April-Oct
Jan-July
Jan-July
April-Oct
Afap-Nov
June-Dec

96

96%

a

96

*98

*98%

—

96%

96

99

•

15

102

__

90

98%

.

—.

101'% 102
*

98%

96%

101%

*95%

(stpd

conv

footnotes




as

mtue

to

d»K»r>tures
debsl980
see

stamped

1965

Railroad

Co—

poge

37.

1965

103

104%

101%

9

100

103%

101

102 y4

136% 137%

136%

100 Va

13 Va

16%

96%

100%

98

101%

111%

127

106

78

106%
91

91

*91

93

*96

97%

94%

93

109%

■

94

94%

1

96

105%

—

105% 105%

97%

93

10

96

122

94%

3

94%

93

99

97

369

119% 122

*99 %

97%

8iya

,

103

104% 104%

Jan-July

106

—

102

1995_Jan-JuIp

*11

Mar-Sept
April-Oct
April-Oct

~5

109

109

142

99

100

•

304%

140

*102% 103

first 5s 1956_May-No«

& Rubber

Tire

Firestone

2%s

debentures

3%s

debentures

3s

debs

*109% 112

103

108 Va

113%

113V4

--

113%

78%

83%

99

98 Va

98%

*—

89%

89

*—

88 %

-80

80%

20

80%

,

'

*98%

77%

78%

1977

^Florida East Coast first 4Vas 1959
AFirst and refunding 5s series A
Fort

Worth ft Denver Ry Co

90

8 8'/a

89%

76%

79%

1G

99%

102%

~4

101%

303%

101

103'A

52

79
102

101

Afap-Nov
Jan-July
Afap-Nov

1901

1972

101

101

96

96

101% 101%
101

-June-Dec
1974—Mnr-Sept
Afap-Nov

131%

Apr-Oct

106%

9

101

"

134 >

127% 13 j

*104%

4%s 1982

General

Dynamics Corp—
debentures

1975

convertible

3%s

(Germany)

General fiiectric Co

1945
1940

Jan-July
June-Dec

1948

112

136 Va

104%

105'A

104%

—

„

debentures

debentures

8A6s

debs 1976
Motors Acceptance Corp—

General Foods Corp 3%s
General

debentures

debentures

1960

1861

3%s debentures

debentures 1964
debentures 1969

2%s
3s

debentures

3.%s

1972

General Motors Corp 3%s

Mar-Sept
Jan-July
Jan-Julp
—_—.—.Afar-Sept
debs 1979
Jan-July

Utilities Corp—
A
A4s conv income
debentures 1969
General Shoe Corp 3.30s debs 1980
General Realty ft

uood Hope Steel ft

§A7s

s

111

3%s
Great

5s

series

O

mortgage

Gerieral mortgage
General mortgage

112

33
92

102 Va

Gulf Mobile ft

96

*96

98%

*—

3%s
3Vis
2%s series P 1982
Jan-July
2%s series Q 2010
Jan-July
2%a series R 1961——Jan-July

mortgage

~

133

93

100%

134'%

64

CO

135%

1

120

124

9

115

120

4

92

98

93

92

95

89 va

88%

91

82%

121% 121%
115% 115'%
92

*92'%
*87%

92

78 %

79%

2

78 %

95%

95%

95%

2

94%

97%

75

79

15%

19%

10

97'A

100%

10

86%

89%

92%

94%

*79

*18%

Feb

19

99% 100

'99%

88%

88%

89'%

*92

99 %

99

99 Va

__

93'%

*97

99

*_-

*100%

1870—Jfar-8ept

104

9

Corp 2%s

99

—
—

*__
*104

105

53%
34

151

118

124

—

94%
,

94%

135
—

*118%

1970

100

__

♦149'%

-Jan-July
Jan-Julp

Jan-Julp
Mar-Sepl
*%s debentures 1968
Mar-Sepl
Hudson Coal first sink fund 5s ser A 1962_June-Deo
tHudson & Manhattan first 5s A 1957
Feb-Aug
AAdiusted income 5« Feb 1957
April-Oct
Finance

'

94%

2%s

lAHarpen

165

10

H
Water first mtge

98%

99'%

99'%
128

157

-1

>180

Feb

-April-Oct
Jan-July
June-Dec
June-Deo
May-Nov
June-Deo
June-Deo

2%s 1979
First mortgage 2%s 1980
1st mortgage 3%s 1981
1st mortgage 3%s 1982
1st mortgage 3%s 1983

First

95'/a

102

102%

—

—Jan-July
Jan-Julp
series N 1990—Jan-July
series O 2000—-Jan-July

3s 1978
1969

104%

102% 103%

,

Ohio RR—

debentures

102

102%

—

series A July 2015
April
General mtge Inc 4s series B Jan 2044
April
Gulf States Utilities 2%s 1st mtge 1976—Afap-Nov
3s

102%

—

General mtge inc 5s

First mortgage

101%

156

1973

ctfs A

98%

%

i

99

96%

1c2 % 102

.,

103%

5

.

102%

.„.

103%
101

99 %

99%

v 99%

,100 Va
'

47

97%

97%

Afar-Sept

Mar-Sept

Bay ft West debentures
A Debenture certificates B

104%

102

102% 102 %

April-Oct

AGreen

160

103

103

General 4%s series D 1976

mortgage

157

132

~4

102'%

102

2%s 1965—Afap-Nov

Northern Ry Co—

General

173%

140

__

160

100% 100%

102'%

Mar-.v*©*

subord debs 1969

conv

150

*103

Company—

Union

Grand

156

Iron Works—

Co first mtge

(B F)

570

*163

•

f mortgage 1945

Goodrich

.

Jan-Julp
—Apr-Oct

1958

4s

3s

106% 108%
*173'%

Afap-Nov
Jan-Julp

debentures

{A7s

§A6%s

—

Mining Corp 6s 1949
Hocking Valley Ry first 4%s 1999

10

111%

9

v

86

*75%

Feb-Aug

140%

95 Vt

79%

95%

*81

121%

178

78

95 %

April-Oct
Feb-Aug
Mar-Sept
Mar-Sept

103'/a

25

111

64

104'/2

127

103%

94%

103
166

Jan-July_

101%

14%

__

93%

*103

June-Dec

Hackensack

96%

*99

96%

92'%
93

4%s ser A Jan 2015
April
3V*s series E 1964_April-Oct
First consol mtge
3%s series F 1990—Jan-July
First consol mtge SV'eS series G 2000
Jan-July
A5s income debs Jan 1, 2020
Apr-Oct
Ohio Division first mortgage 3%i 1071—Mar-a'ept

99 Vi

14%

-

99% 102 Va

21

100% 100%
*92

May-Noo
June-Dec

103%

96%

J"n-.r«iw
Afar-Sep

2

*101% 102

Afar-Sept

101 %

payment

14%

99

104

100%

First consol mortgage

Household

197&

100 Va

101 %

3%s debentures 1958

April-Oct
2%»

87%

97%

II

1982..

1982

99

98

100

*99% 100'/a

Feb-Aug

2001

first

Baking

subord
For

debs

dollars)
Power

Continental

8

Railroads of Cuba—
inc

cum

Consumers

5s

General Mtge inc

General

92'%'

*98%

83'%

104

Jan-July

Elgin Joliet & Eastern Ry 3y4S 1970
El Paso & Southwestern first 6s 1965

—

—

92%
96 Vo

99%

—

debentures

Consolidated

92%

91%

3

98%

91%

71 Va

•

——■

2

86%

101

83%

37

88

*74%

108'%

87

97'%
a

81

*97',a

110%

99%

'

103

*90

*1021

105'A

97'%

41

98

97 %

*84*0
*100

100%

103%

18

103% 104

99%

98

14

98%

98

97%

105

97

99

*./7 V4

93

103

1

103'% 103 %

96

*9i

June-Dec

first com gold 5s

(N Y)

General mortgage

Anglo-Lautaro Nitrate
Cigar Corp 3%s 1965
Edison of New YorkFirst and refund mtge 2%s ser A

Fuse

Edison El 111

Erie

81

8

85

1984

East Tenn Va ft Georgia div
4

93 Va

93'%

—

87
100

98

*97%

fixed

Co 2%s 1977
2%s
2%s
3%s
3%s
3%s 1984_.

64%

Consolidated

First

mortgage

General

Consolidated

First

Light

Duquesne

88

63

debs

subordinated

83%

Compania Salitrera—8ee

F(r«t

Dow

mortgage

78%

101%

97%
86 %

1961
Afap-Nov
B 1976_Afar-Sept
Chemical 2.35s debentures 1901
May-No«

1st

63%

Commonwealth Edison Co—
First

gold 4s 1895

104

102

1

102% 102%
*06:i8

Electric

Cleveland

Mack

&

Second

3s

1U0%

99 Va

80'%

97%

98

Detroit Terminal ft Tunnel 4%s

1st

1960

gold *s 1993
series B 1993

General
General

3s

72%

21

105

6

Detroit Tol & Ironton RR 2%s ser

City Ice & 'fuel 2%s
City Investing Co 4s
Cleveland Cinci

conv

Detroit

3

102%

102

85

*7j

Feb-Aug
—Afar-Sept
first lien gold 4s 1995—June-Dec

91%

72%

99%

101%

100%
13

100% 100%

debs 1969

89 %

84 %

100%

98

102 % 103%

April

2%s seri»* I

refund

and

General

2

mortgage

Cities Serv.-.e Co 3s s f

1978023
(3%

mortgage

Edison

51

88'%

104

*100% 101%
103%

Jan-July

ref mtge 2%s aer J 1885
Gen & ref 3%s per K 1976
9<s convertible
debentures 1958

84

99 Va

100

-I

(4%%

contingent interest) 1993
3s series H 1970

1%
Detroit

80
__

100

Denver & Salt Lake—

91

*122%

98 Va

94%

5

98%

Afap-Nov

1 2042

RR-—
(3% fixed
1993

mortgage series A

79%
■

A

series

90

—

29

102

May

contingent interest 2018

119

96

74

197'%

191 •%

30 Va

27

II

Western Div
O 1973—Afap-Nov

ft

contingent Interest)

Gen &

Chicago

1963
Jan-July
First mortgage 2%s series G 1963
Jan-July
Chicago & Western Indiana RR Co—
1st coll trust mtge 4%s ser A 1982
Afay-Nov
Cincinnati Gas & Elec 1st mtge 2%s 1975_ApriZ-Oct

mortgage

Income

'M

102% 102%

29%

27

Western

Grande

Rio

&

1%

Income

:

May-Nov

5s 1982
Afap-Nov
Chicago Great Western 4s Bej A 1988
Jan-July
AGeneral inc mtge 4Vis Jan I 2038
April
Chicago Indianapolis & Louisville Ry—
A 1st mortgage 4s inc series A Jan 1983
April
A 2nd mortgage 4%s Inc ser A Jan 2003
April
Chicago Indiana & Southern Ry 4s 1956—Jan-July
Chicago Milwaukee St. Paul ft Pacific RR—
First mortgage 4s series A 1994
Jan-July
General mortgage 4V28 inc ser A Jan 2019—April
4%s conv increased series B Jan 1 2044
April
Chicago & North Western Ry—
Second mortgage conv inc 4Vis Jan 1 1999.-April
First mortgage 3s series B
1989—
Jan-July
Chicago Rock Island & Pacific RR—
1st mtge 2 %s ser A 1980
Jan-July
Chicago Terre Haute & Southeastern Ry—
First and refunding mtge 2%s-4V»s 1994.Jan-July

126%

100

9

•

107 %

1st gold

Chicago & Erie

121

21

*111Va

—

7

103%

33

*113

•

27

95%

May-Nov
1st mtge ft coll tr 4%s ser B 1985
May-Nov
Delaware Power & Light 3s 1973
Aprii-Oct
First mortgage and coll trust 3%'s 1977_June-I>ea
First mortgage and coil trust 2%s 187&_Jan-julp
1st mtge ft coll trust 2%s
1980
Mar-Sepf
1st mtge & coli tr 3Vas 1984
May-Nov

lu3 ',a lOi VA

.104%

20

30%

91%

Pennsylvania Division—
1st mtge & coll tr 5s ser A 1985

192% 102%

7

April
Afap-Nov

1997
1985

mortgage inc conv 5s

AGeneral

;

-

102%

Chicago & Eastern 111 RR—
First

—

Mar-Sept
3Vbs 1985-_Feb-Aug
2%s 1970—Feb-Aug
Feb-Aug

1958

4s

1,1

26%

2j

2d

mortgage due 1893
Morris & Essex division

102% 1.2%

122'% 123

102%

and impt M

Refund

-__

22%

29

M 5s series

and refund

Collateral trust 4-0s May
<

l0u°/4

100%

!

101% 101%
*98

Jan-July

Champion Paper &

N;\

F—» O O
__

27

& Western RR Co—

Lackawanna

York

First

97%

Feb-Aug
Feb-Aug

3Vis series A 1974
3%s series B 1968

mortgage

40%

24

fane-Deo

Dayton Power ft Lt first mtge 2%s
First mortgage 3s 1978
First mortgage 3s series A 1978

New

Central Pacific Ry Co—
First

34

_June-Deo

1970

lien Ac ref 4i ser B 1970.

—

47

99 Va

84

*29

Delaware Lackawanna

75

98'%

May
May
Jan-July
April-Oct

First and refund

&

AIncome

2020
2020

2j

Jan-July
June-Dec

1970

30

June

4s

equip 4a 1970
A 1st. lien ft ref 4s ser A

Imp

99

f--. / , /•.V

117%

*115

—

Jan-July

1974

3a

Power

mortgage

1st

A

99

98%
; 2

23 %

98

RR—

98%

3

17

98%

38%

97%

98 VA

103'%

38

99 Va

97%

93 %

100%

June-Dec

1970

99 Va

105%

69

97%

No.

98

96

101

104

.

101 Va

08

97

107 %

100%
3

98%

100 Va 100%

100%

2

103

100'%

1051% 105'%

High,
105%

99%

mtge 3%s 1966 Afap-Nov

1973—Apdl-Ocl
Jon-Juij
Juue-Dea
First mortgage 3Vis 1882
Feb-Aug
First mortage 3s 1984
M&r-Sep
Dayton Union Ry 3%s series B 1965
June-Dec
Deere & Co 2%s debentures 1965
April-Oct
3 Vis debentures 1977
;—
J an-July
Delaware & Hudson 4s extended 1863
May-Nov

24

106%

>*

10514

106%

Jan. 1
Low

103%

%9'/8

JKap-Ncv

1977

Range since

Sold

109 Va

196% 105%

106%
101 r6
10314

f debs

b

Bonds

t>

High
105%

*103

May-Nov

mortgage 4s (1942 series)

A 1st

Central of Georgia Ry—

4s series A 1995
AGen mortgage 4Vis series A Jan 1
AGen mortgage 4Vis series B Jan 1
Central RR Co of N J 3Vis 1987

A

100

97

—.

*106% 107%

Mar-Sept
June-Dec
Feb-Aug
April-Oct
April-Oct

mortgage

A 1st

99

95%

100

*97%

Friday

Bid & Asked

Cuba Northern Ry—

Cuba
*95

Adirondack Ry 4s 1981
Co 3Vis debs 1978
Celanese Corp 3s debentures 1965
3%s debentures 1976
Celotex Corp 3V4s debentures 1960
Feb-Aug
3%s debentures (1947 issue) 1960
Feb-Aug
lACentral Branch U P 1st gold 4s 1948—June-Dec
First

3%b

debs

3s

Crucible Steel Co of Am 1st

97%

104'%

98

Oil

Continental

2

Mar-Sept

Carthage &
Case (J. I.)

98 ya

102

Jan-July

(perpetual)

Capital Airlines Inc 4s ser A I960-Carolina Clinchfield & Ohio 4s 1965

102 y8

95%

88

or

-April-Oct

1976
1984

3 Vis debs

Continental Can

102

— —

,

1

consol debenture

4%

Feb-Aug

Sale Price

Crane Co

June-Dec
May -Nov
April-Oct

1976

3VaS 1974
consol gtd 5s A 1962

California Oregon Power

>

Last

Period

Low

104% 104%

94%

24%

Jan-July

Power ilrst 3s

Oalifornia Electric

95

Interest

High

95

.

Avril-GCt

IflfiO

general mtge income 1982
c

A 5s

Jan. 1

■

*94%

Week's Range

BONDS
New York Stock Exchange

Low

No.

High

Co 3 V28 debs

cr+'3

27

Range since

Sold

Did & Asked

Sale Frice

1971
Jan-July
Buffalo Niagara Elec first mtge ?%s 1975_Afap-Nov
Buffalo Rochester ft Pittsburgh Ry—
Stamped modified 4%s 1957
May-Nov

MAY

ENDED

Friday
Bonds

Friday's

Low

Brown Shoe

WEEK

FOR

Week's Range

Friday

35

94'%

94%

52%

54%

33

34

43

129
50

103

104%

105

104% 105

97'%

102

102%

106%

97'%

50%
25

105

59%
38 Va

36

The Commercial and Financial Chronicle

(2492)

EXCHANGE

NEW YORK STOCK
RANGE

Friday
BONDS

Interest
Period

WEEK

ENDED

Sale Frtee

Friday's

or

Bid & Asked

Low

Range since

Sold

Jan. 1
Low

no.

High

BONDS

92%

92%

5

92%

95%

99%

99 Va

99 Va

17

98%

101%

Jan-July
1st mtge 3 %s ser G 1980—••
Feb-Aug
-1st mtge 33/ss ser H 1989—.......——Mat-Sept
3%s s f debentures 1980—
-Jan-July
Refunding 4s 1955
May-No©
5s

1955

*—

100%

1st

Co

3 V<s debs

101%

100%

103 y«

101

6s

series

A

12

147

Rys Central America

1st

95

5s B

Central

Power

&

Kansas

1st

124

125

121

123'/*

*—

125
123%

City

1st

Kansas

5

102

31

128 V*

Jan-July
Jan-July

120

98%

N

98

1

98%

unguaranteed

97%
93

100

*„
1

93 Vi

95%

98%

Mich South

ref

&

5s

stamped

1

a* c-

t

*110 Va

1961—Jan-July

*6i v*

Jan-July
Jan-July
Jan-July

*100%

Aprll-Oct

1968

A

■mmmm'

1st mortgage

Lehigh
Series

RR

4s

B

Series C

5s

ASeries

D

4s

consol

ASeries

F

5s

98%

mm mm

114

61%
100

Miami

mtge

100%

1

100%

*—

165

100

100 Va

4

99%

102%

3 Va

83

l'/a

3 Va

2%

mmmm

—-

89

90

SALombard Electric 7s

3s

(Pt

Co

debentures

3s

&

interest

St

Louis

Div

12

mtge

1st

3 V'sS
3%s

gold 3s

Maine

Central

Manati Sugar

Manila

May

RR

McKesson
Mead

debentures

1978

*72%

68%

7 l'/a

96 v*

96 %

:v—t

97 Va

75 V*

59

74 Vi

*65 Va

93

&

Robbing

1

65%

94

3

97%

87

6

93

debentures
1980

3%s debs

Minn St

First

Paul

& Saulte

71

May
May

77%

"79%

40-year
Prior

series

series

4s

A

2%s

April-Ocf

97'/4

97%

^Missouri

Pacfiic RR

A First

April-Oct
April-Oci

96

115%
99

99

"102%

99%

98%

"86%

86%

88

*99
"93 %

103 %

103% 103%
100%

94%

98 Va

99%

93%

94%

94 Va

AFirst

and

1969—Mar-Sept

1967

1967
Jan

Jan-July

"96%

*102

103%

May
l991___May

Mountain States Tel &

Tel

2%s

97%

Nashville

1981

3s

Dairy

_I

9 l'/a

April-Oct
Feb-Aug

For

footnotes

see

f

page

M



debs

37.

75

82

5%

1977

Jan-July

—

2%s

mortgage

1980

3%s

s

4s

f debs

4s

95%

3

—

101

97%

100%

93%
97

102% 103
102 v*

103

118

118

25
——

*5%
93

102 y*

104

104%

104%

116%

121%

♦110V* 112%

112

112%

*104 Va

104%
103%

104%

101%

103%

102%

103 va

109%

114

107 Va

103%

118

4

—

101% 102
*101

102 Va

104 v*

Ry—
Quar-Jan

1997

3s

Jan

registered
4s

98%

1973—May-No©

1997

registered
lien

103

98

99

98%

*93%

May-No©

lien

70

'

*98

Aprll-OcI
—April-Oct

Feb-Aug
1996—April-Ocf

100 V*

*99v* 100 Va

98%

—Jan*Jvlj

f debentures 1974
Pacific

—

RR—

1994-

109%

Quar-Jan
1

2047

Quar-Feb

2047-

109 v2 110%

2047

A

ser

Jan-July
Apr-Ocl

1984

48

*107 % 112
78

30

75

6

77

107

107

79

75

79

Quar-Feb

(Minnesota)

107

3

107

108

103%

105%

104 Va 104%

first
mortgage
mortgage 2%s 1975

2%s

1974_Feb-Aug
April-Oci
Jan-July
Feb-Auy

*—

First

June-Dec

*__

First

April-Ocf

First

mortgage 3s 1978
First mortgage 2%s 1979

mortgage 3%s 1982
mortgage 3%s 1984
(Wisconsin) first mortgage 25/8s
First mortgage 3s 1979
Northwestern Bell Telephone 2%s

94 '/*

17

77%

81

79%

95 Va

95%

95%

94%

94

97%

97

99%

97

102%
99%

99%

*92

93 Va

91%

*89%

1977—April-Oct
Mar-Sept
1984—_June-Deo

Ohio

Edison

first mortgage 3s 1974
mortgage 2%s 1975
mortgage 27/8s 1980

94

102 v«
92

99%

99 Va

98% 101v*

*94%

95 Va

94

98%

*94

Mar-Sepf
—April-Oct
May-Nov

97 Va

92%

97

*93 Va

Feb-Aug

—

-June-Dec

First mortgage 27/8s 1980
First mortgage 3%s 1982

May-Nov
♦102

Mar-Sept

Oregon-Washington RR 3s series A 1960

April-Oct

First ft refunding

First 8c
First 8c

98

First

&

98%

103 V*

First

106 %

First &

First 8c
First 8c

--

—

8c

45

100%

102%

103

100% 101

100%

103%

102

99%

103%

27/8s

debentures

3 %s

debentures

3%s

debentures

3vbs

debentures

debentures

1981

98%

100

98%

100 %

16

84

89

93

94 v*

17

93

96%

7

215

94 v*

*98

139

92%

97

200

94%

119

138

93

180

77

97

72

76%
99%

99%
72%

43

100&

100 a

100 3sa

21

100 A

100%

6

89%

_

96%

'

1003a

0

92%

97%
144

98

100

72»/8

93 v*

294

94 v*

93 Va

119%

344

*98% 100

——

--

70 Va

100
74

100'

101 3*a

100

100%

89%
100 Va

93

H 00 £

April-Oct

-

98%

93%
98

%

*—

98%

12

102

99% 100%

*93%

93

__

97

94 V*

1985

99%

99

97 Va

97"%

97%

5

99%

99 v*

99%

10

14

99%

102%

97%

101%

97

101

93

100%

93%

92%

102 V*

99

98%

94%

"I

98 Va

98'/a

1

97%

99%

96%

96%

6

96%

100%

97

98%

94. Va

94%

97

1

97

rl03% 103%
99 Va

99 Va

93;

99 Va

5

102%

105 Va

5

99 Va

102%

99

*99% 100%
♦103 V* 103 Va

103%
91

102%
103 7/a

91V*

91%

5

April-Oct

93 Va

93%

5

93%

97

April-Ocf

99

99

5

98 v*

101

7

101V*

103

June-Dec

-

91%

101% 101%

Mar-Sept

Mar-Sept

100

debentures

99% 100
*

May-No©

Oil 3%s

31

105 %.

99 v*

105 Va

*98%

1964—June-Dec

1st s f gold 4%s 1955—Jan-July
Pennsylvania-Central Airlines 3%s 1960_April-Ocf

Pennsylvania Power 8c Light 3s 1975
Pennsylvania

»4%

103

105%

99

100

Consolidated

sinking

General 4%s

series

General

5s

series

General

Feb-Aug

1960

1965_

1968
D

105%
106 %

115

28

96

98%

12

97%

101

105% 106%

13

105%

103

106%'106%

98%

115

April-Oct
1984

1985

4s

first

April

4s

Jan-July
Jan-July

external. 1960_

1990

Pere Marquette Ry 3%s series D 1980
Philadelphia Baltimore & Wash RR Co—
General

5s

General

gold

series

4%s

B

1974

series

April-Oct
April
Mar-Sept
Feb-Aug

C

1977

—Jan-July

104%

91

105%

107

110 Va 110%

June-Dec

1981

mortgage 3%s series F
Eastern

AIncome

98%

June-Deo

4%s

mortgage 4 Vis series E

General
8c

fund

A

B

General 4%s series

Peoria

115

April-Oct

RR—

15

108

111

103 Va

50

100%

104%

18

100%

104

104%

103% 104
imm..

*85 Va

101%

—

105'/*

98%
76

101'/* 101v*
110

83

—

98'/2
74

mmmm

2

85

97

99

28

68%

3

99%

77%
102

110

1

110

112%

105'/* 106

6

103%

107%

Philadelphia Electric Co—
8c

refunding 2%s 1971
refunding 2%s 1967

&

refunding 2%s 1974

May -Nov

8c

refunding 2%s

*96 %

June-Dec

ft

First

First

1981

May-No©

95%

102

First

8c

refunding

2%s

1978

Feb-Aug

99%

103

First

8c

refunding

3 Vis

1982

99%

103%

1st 8c ref mtge

Jan-July
June-Dec

3%Sg1983

97%

96%

97

97%

14

97

95 Va

96

36

95%

92 v*

....

—June-Dec

100 V4

16

98%

7

Paducah & Illinois
a

139 % 144

72%

Pacific Western

debentures

2%s

99 Va

June-Dec

1983

3%s

105%

Tel

&

24

99

June-Dec

1978

102

Tel

100% 100%
99

June-Dec

1987

1987

__

94%

1984

W

*104%

June-Dec

1986

99 Va

Pacific

"

139

J966

refunding 3%s series X 1984

69%

88

93

series

62%

99

93 Va

3%s

96 v2

2

99

93 Va

M

4

102

136

8c

ref

92%

87%

93%
143%
93%
' 937/s

1st

100

8c

88

99

139
93%

1st

16

96%

*

:

Co—

3%s series 1

refunding 3s series J 1970
June-Dec
refunding 3s series K 1971
June-Deo
refunding 3s series L 1974
June-Dec
refunding 3s series M 1979
June-Deo
rfeunding 3s series N 1977
June-Dec
refunding 2%s series P 1981
June-Dec
refunding 27/8s series Q 1980
June-Deo
refunding 3%s series R 1982—June-Deo
refunding 3s series S 1983-——June-Dec
refunding 27/8s series T 1976
June-Dec
refunding mtge 3%s ser U 1985-June-Dec

1st & ref M 3%s series Y
2

65

102

94

First 8c

First

1970—June-Dec

1974

"*aclflc Gas 8c Electric

First

June-Dec
s

77

65 %

First ft
4
—

96%

May-Nov

June-Dec

3%s

72%

96%

102%

103%

91 Va

64%

64%

Feb-Aug

1976

Prods

4

62

102

—

*99%

1986-

debs

93

Northern States Power Co—

103

--

*75'/*

1986

2%s

94

92%

First 8c

102% 102%

Mar-Sept
Feb-Aug

1970

debentures

5

49 V*

96%

—■

April-Oct

Products

debentures

3%s

94'/*

3

First &

Chattanooga & St. Louis—

Natl Distillers

10 Va

4 %

2%

18

■

1958—_May-Nov

1978

First mortgage 3s series B

102

5 v*

2

27

General

103%

N

National

100 Vz

3

37

8

70

101%

„

104%

100

Jan-July

May-No©

debentures

97%

103% 104 %

Jan-July

debentures

7%

8

7a y*

93 Va

4s

102

Co—

3s

100 Va in-'

100%
;

85

70

62%

Prior

*90

*101%

1971

Morris & Essex first gtd 3%s 2000
June-Dec
Construction mortgage 5s series A
1955—May-No©
Construction mtge 4%s series B 1955

3%s

97%

98

1967—April-Oct

& Malone first gtd 4s 1991
Monongahela Ry 3 Vis series B 1966

& Co

67

61 Va

s

96

103 %

103 %

Aprll-Oct

rp{pnd gold 5s H 1980

(John)

73 Va

67'/a

2%s

Western

8c

4s

3VtS

98%

102

1974—May-No©

Mohawk

Morrell

72%

93 Va

First

96%

June-Dec

refunding 5s series I

73%

97

78%

21

First

101%

Mar-Sept

Jan

145

May-No©

95%

*—

:_Mar-Sept

A

84%

88%

98%

102% 102%

83%

78

mtge

Oklahoma Gas & Electric 2%s 1975
First mortgage 3s 1979

May-Nov

84

93

92

91

9

104%
101

_I

*100

97

77 Va

Electric & Gas

1st

Northern Natural Gas

104%
101 %

94
12

91 Va

general 8c ref 5s 1974—-Mar-Sept
General ft refunding 4%s series A 1974_Mar-5ept

99 Va

98%

99'/8

93 Va
mmmm

96%

87%

94%

90 v*

Northern Central

104%

102

—

95

76

General mortgage 3%s 1983
Norfolk ft Western Ry first gold

100%

98

——

76

General

116%

99

99%
101

April-Oct

4s

and

-Jan-July
1992—Mar-Sept

Jan-July
1st Ac cons mtge ser A 2004_
Jan-July
AGeneral mortgage 4vas series A 2019—Jan-July
N Y Telephone 2%s series D 1982
Jan-July
Refunding mortgage 3%s series E 1978
Feb-Aug
Refunding mortgage 3s series F 1981
Jan-July
Refunding mortgage 3s series H 1989
Apr-Ocl
Niagara Mohawk Power Corp—

101

103

99%
*—

__

96

93

102

4va

Susquehanna

3s

—

90 Va

94'/*

N Y State
Y

92%
101

Light first mtge 2%s 1975—Mar-Sept
Putnam first consol gtd 4s 1993
April-Oct

N Y 8c

N

_5

96

91%

2007

A

First

April-Oct

refunding 5s series A. 1965—Feb-Aug
1975
Mar-8ept
AFirst and refunding 5s series F
1977—Mar-Sept
AFirst and refunding 5s series G
1978—May-No©
§AConvertible gold 5%s series A 1949
May-Nov

AFirst

70 Va

100

June-Dec

Coll trust

103%

♦92

May-Nov

1955

88

115%

"99

Mar-Sept

and

AGeneral

mtge conv

4s

92%

6

*98 v*

Jan-July
inc 4%s series A 2022—May

Refunding & improve 4%s

98%

"111

April-Oct
May-No©

Jan-July

A

4s ser

84

Marie—

ser

mtge

72%

Jan-July
Feb-Aug
Mar-Sept
Mar-Sept

D 1978

5s

1973

99

99

88%

1962

B

adjustment

67%

—

73

1962

lien 4%s series

ACum

36

Hartford RR—

74

81 %

mortgage 4s inc Ser A Jan
Kansas & Texas first 4s 1990——June-Dec
5s

&

79

77%

Missouri-Kansas-Texas RR—
lien

Y New Haven

66%

87

1972

3%s

mortgage 4%s inc series

Prior

72%

11

*94

May-Nov

88

73

AGeneral

Missouri

2043

3

71

Feb-Aug

St

B

84%

73

1980

Mfg

70

93 %

92 Va

Jan-July
Jan-July

series A

4s

92 %

May-Nov

1973

B

79

89

1973

mortgage 2%s
mortgage 3%s 1969
3%s sinking fund debentures
Mining &

series

West

series

80

10

*88

First

Minnesota

Y Lack Si

20

84%

May

Telephone Co 3%s 1988___April-Ocf
Michigan Central RR 4%s series C 1979—Jan-July
First

72%

s:

101% 101%

June-Dec

3%s 2000

73 %

79%

84

"87

Bell

mtge
1969

gold

84

♦75

84%

*—

:

Michigan Cons Gas first

Harlem

*—

N Y Power 8c

94

May-Nov

first mortgage 3s 1966
Metropolitan Edison first mtge 2%8
First mortgage 2%s

•61v*

'—

V

Aprll-Oct

3V4S s f debentures 1973

1957—May-No©

1959

4s

Corp

Michigan

Y Si

Northern

Feb-Aug

1978

debentures

f

s

1989

1980

1979—May-No©

1972

4s sinking fund Feb

Stores 2%s

f

s

3 V4S

5%s

debentures

1983

Feb-Aug
Feb-Aug

(Southern Linesi

Dept

3'As

RR

Income

Connecting RR 2%s series B 1975

27/as

Mar-Sept

1980

mtge 2%s

Co 2%s debentures

&

Y

AGeneral

M
|R Hi

71v*

Feb-Aug

General mortgage

April-Ocf

1984

Macy

1998

First & refunding

June-Dec

1982

mtge

1st

registered

General mortgage 3%s

April-Oct

1st

79%

72

4%s

93

RR—

Eiec

1998

83 v*

78 '/a

*68

86

1976_June-Dec

}963

mtg. 3%es ser F 2003

&

3%s

1998

92

D

ser

:

second

Gas

73'/*

gold

*

Feb-Aug

registered

84

1952

A

First & refund mtge 27/8s ser G 2003
First & refund mtge 3%s ser H 2003
First & refund mtge 3%s ser I 2003

Louisville

74

69%

68'/a

83

Jan-July
Jan-July

1997

collateral

90

2003

1962

debentures

Nashville

79 v*

66 v*

Shore

85%

River RR—

17

2003

1976

First & refund

83%

75 v*

Hudson

17

May-Nov

3%s debentures 1978
Louisville

78%

67%

Si

84

May-Nov

interest

series

37
23

Y Central

90

May-Nov

2003

Long Island Lighting Co 3%s
Lorillard

88

bds—

2003

series

4s

103%

90

contingent Interest 2003

general

92%

101%

Term

mmmm

100% 100%

100%

Jan-July

Lehigh Valley Terminal Ry 5s ext 1979
Lexington & Eastern Ry first 5s 1965
Little

79%

228

84

Feb-Aug

2003

ASeries E! 4%s contingent

72%

103 v* 103%

Mortgage 4s
N

101
—

6iv*

—

„

Feb-Aug

Interest

contingent

161

103%

1980

Mortgage 4s series A 2043

(N Y)—

fixed interest

79Va

April-Oct

trust 6s

96%

110

Feb-Aug

interest

fixed

101%

78%

v

80%

June-Dec

1974

gen

fixed

4%s

79

87%

April-Oct

4'/2s extended to 1974

Valley

Series A

93

.'v

99 Va

276

AGeneral

:■

■

—

*99

gold 3%s 1997__June-Dec

Valley Railway Co

101 Va

6

99

—

227

Harlem River & Port Chester—
1st mtge 4 v48 series A 1973

.—June-Dec

mortgage 5s extended to 1984

Lehigh

101%

98%

85%

98%

f-H 0 0

1

98

Lehigh Valley Harbor Term Ry—
1st

102%

93%

1

92%

88

96%

—

*—

Jan-July

1964

1st & ref 5s stamped

93

12

99

91 %

95%

—

April-Oct

1974

3%s registered 1997
Lehigh Coal ic Navigation 3%s A 1970
Lehigh Valley Coal Co—
1st

26

98%

84%

4%s
N

1

i

100 «/* 100%

Mar-Sept

Lake Shore &

99% 100

100% 100 %

Feb-Aug

IAN Y Ontario & West ref 4s June

2%s

ser

1956

86%

„

Terminal—

sink fund Z%

98%

85 Va

3%8

101%

L
1st mtge

99%

Feb-Auy
Feb-Auy

Refunding mortgage 3V48 series E 1980—June-Dec
First mortgage 3s series F 1986
April-Oct

99

92 Va

101%

1
—

June-Dec

1961

RR

—

91%

99

■

10

98%

95

1

•

June-Dec

;

fAKreuger & Toll 5s certificates 1959
&

April-Oct

Feb-Aug
Michigan Cent collateral gold 3%s 1998_Feb-Aug

103%

Co—
1984

April-Ocf

Dock

100%

April-Oct

3%s registered

110%

—■

~

101%

%

*86%

—June-Dec

—

Kings County Eiec Lt & Power 6s 1997
Koppers Co 1st mtge 3s 1964

Lakefront

series D

*97 %

98

Aprll-Orl

Lake

103% 104
104

*101

1961

4%s

97 V*

105% 107%

*102

April-Oct

1956

■

Mar-Sept

Kentucky Central 1st mtge 4s 1987
Kentucky & Indiana Terminal 4'/2S
Stamped 1961
Plain

C

General mortgage 3%s 1997

121 ya

106 v*

98

—

•—

w

1976—Mar-Sept

1980

Ry

series

105 Va 105%

Refunding & impt 4%s series A 2013
Refunding Si impt 5s series C 2013

N

2%s

5s

105'/a

Ry—-

1954

Central RR Co—
Consolidated 4s series A 1998

122 v*

116%

1

*100

1959—June-Dee

2%s
1975

1978—

City Southern

B

series

AFirst 4%s

123%

116%

106% 108

1st

mtge 31/46 series C
Kansas City Terminal Ry

84

3%s

—Mar-Sept

1st 4s

debs

1st

80

97

__

New York Chicago & St Louis—

Light

2%8

89

AFirst

102

122%

121 Va

120

mtge 4s 1990
-.-April-Oct
Power & Light 23/4S 1976
June-Dec

mortgage
mortgage

*84

Mexico

142

100%

1

K
Kanawha & Mich

102

1954

N

Manufacturing 3%s

10IV*

99

&

J

Joy

93%

99

A

,

128

13

102

1972—May-Nov

—

Jersey

99 v*

99

series

162%

lfl

133

.

mortgage 33/48 1978
mortgage v3s 1980———

Jamestown Franklin & Clear

98 v*

*—

Texas

•

*88%
102

—

3V«s s f debentures series A 1977
Interstate Power Co—
1st

*—

AFirst 5s

101

Interstate Oil Pipe Line Co—

1st

102%

Jan-July
1988—Feb-Aug
Mar-Sept
May-No©

96 %

New York

131

—Jan-July
{AAdjustment 6s series A July 1952
—April-Oct
A First 5s series B 1956
Jan-July
A First gold 5s series C 1956
Jan-July
International Minerals & Chemical Corp—
3.65s conv subord debs 1977Jan-July
Inter

99%

April-Oct

1974

AFirst 5%s

101%

162 Va

Mar-Sept

-

7

High

Mar-Sept

debentures

New Jersey Power & Light 3s 1974
New Orleans Terminal 3%s 1977

102%

98

Mar-Sept

1962

1952——

*

Low

May-Nov

New Jersey Bell Telephone 3%s 1988
New Jersey Junction RR gtd first 4s

^International Great Northern RR—
iAFirst

99% 100
*

Range since
Jan. I

No.

-June-Dec

—

100%
101 %

1
— —

10

160

May-Nov

Sold

England Tel & Tel Co—

JNew Orleans

100 v* 100 Va

162%

1st 3%s 1982

Bonds

High

Collateral

1972

mortgage 3.20s series X

100

100% 100%

Refunding and Imp 2'/as series C 1986—June-Den
Inland Steel

101

*101'/a

Illinois Terminal

fty 4s series A 1970—_Jan-July
8 Allseder Steel Corp 6s 1948
Feb-Au#
Indianapelis Union Ry Co-

105
—

*100

May-No©

Friday's

1987

New

—

104

103
*99

Corp

National Supply 2%s debentures

—

104%

__

or

Mid & Asked

Low

♦101v* 106 Va
*101'/*
*104

Sale Price

3s

92%

_Ju*e-Deo

1979—May-No©

Week'© Range

Last

Period

First guaranteed 4%s series B 1961
3s debentures 1982
i

1981—Jan-July

B 1979_May-No©
1974
May-No©

mortgage 3%s series C
Cons mtge 3%s series F 1984

Interest

High

Illinois Central RR—■
Consol mortgage 4%s-3%s ser A
Consol mortgage 5%s-3%s series

RECORD

New York Stock Exchange

National Steel

Consol

Monday, May 30, 1955

27

Friday
Bonds

I
Illinois Bell Telephone 2%s series A
First mortgage 3s series B 1978

Refunding

BOND

MAY

Week's Range

Last

New York Stock Exchange

FOR

...

92%

*96%
—.

I

8

97

92 Vi

96 %

103 v* 103'/*

2

100% 100%

19

102

99

100%
93%

96%
99%
105

100% 103'/a

Number 5433

181

Volume

.

EXCHANGE BOND RECORD

NEW YORK STOCK

FOR

RANGE

Interest

Last

Period

Sale Price

New York Stock Exchange

or

Friday's

2%s debentures

Petroleum

June-Dec
Pittsbgh Bessemer 8c Lake Erie 2%s 1996—June-Dec
Pittsburgh Cincinnati Chic & St Louis Ry—
Consolidated guaranteed 4s ser G 1957—Afay-Nov
Consolidated guaranteed 4s ser H 1960
Feb-Aug
Consolidated guaranteed 4%s ser I 1963—Feb-Aug
Consolidated guaranteed 4y2S ser J 1964_i)fa2/-Nov
Pittsburgh Cine Chicago 8t St Louis RR—
General mortgage 5s series A 1970—_—June-Dec
General mortgage 5s series B 1975—_—Apni-Oct
General mortgage 3%s series E 1975
April-Oct
Plttsb Coke & Chem 1st mtge 3'As 1964—May-No»

Sold

Low

No.

100%

Sunray Oil Corp. 2%s debentures 1966

120%

Swift

101'A

—

103'A

1974

series C

5s

general

general 4 Vis series D 1977
Plantation Pipe Line 2%8 1970
Potomac Elec Power 1st mtge 3Vis 1977
First

First
First

Terminal

Terminal

Refund

108%

Refund

99'/4

9 9'A

99'A

v

-:"

First and refund M

First and refund

*106

102

5

100'A

and

and

103%

1st

*93'A

—

1

*
—

100'A

""

'

•

II

First

100

100

—

t

--Ill

100

100

1st

__

143'/a

♦205

Jan-July

1964

3s

102'A

95

99

102%

*—

101%

—

99 %

85

6

99'A

170

6s 1953

General mortgage

-

—

Feb-Aug
April-Oct

mtge 6s 1955
Rochester Gas & Electric Corp—

•'

98%
164

1st

147%

37/8s

s

3

125

149'A

2

127 JA

102%

102%

II

1985

1987
California Edison

Southern

(Oregon

4Vis

Lines)

A

1st mtge 3%s ser A

1961
Southern Ry first consol gold 5s 1994
Devel and general 4s series A 1956
Devel and general 6s series A 1956
Devel and general 6Vis Series A 1956
Memphis Div first gold 5s 1996
New Orleans & Northeastern RR—
3%s

Southwestern

1977
Bell Tel

2%s

debs

1985

ASpokane Internal first gold 4Vis 2013
Coil Products 5s conv
1967
(N J)

Standard Oil

debentures

2%s

209

78 Vi

107 %

104%

104'A 105'A

106%

100

100'A

*100'/a

'■:

—

88%

90

*95'A

98'A

•

1973

''■)

First

gold

gtd

84'A

135

135

152

161

135

135

—

—

—

86%.

81

33

1st

101'A

102%

6

102%

104%

19

103'A 103%

103 y4

95%

*95

101%,

101%

—

98%

95

—

—

—

*96
«

103

101

110

■

110

"

104

110

101

5
•

104

93%

*99% 100 »A

96%

OO £

21

94'/a

94

94

101
110

1"

*102'A

105'2

103

5

103

101
110

—

98'/a

—

:

-

101%

85%
*83

Feb-Aug

3 V28 2000

96%

99'A

15

71%

90

67

73

72

*91

—

„

103'/a

2

103% 103%
102%

73%

75%

29

71%

73

55
18

*101'A

106 »/2
73
104%

100'A

102'A

35

97'A

106

106

10

103'A

105

105%

22

103'A 103'A

1

97%

97'A

—

75%

68%
67'A
101

__

—

103 y»

104%

101% 102

74%
73

97

102

__

*104'A 104%

——

104

95

__

*102

——

86%

1

*96

—

86

83

— -

86

*71

A-.—

May

Electric

Afar-Sept
Jan-July

1980

Mar-Sept

1971

Corp 2%s

S B

first

mtge

4s

97%

97'A
107

152%

3

*101%

101

__

*109

100%

90

90

*89

— —

97%

166

103'A

100

Jan-July
May

85'A

82'A

83

101

103%

85

102'A

100'/a

100% 100%

104%

*103

Co—

series A 2004
4'As inc ser A Jan 1 2029
Power 2%s 1976

Afar-Sept
-Jan-July;

1979
3 Vis 1971

Wisconsin Public Service

*91%

June-Dec

Wisconsin Electric

mortgage 2%s

106%
103 »A

92%

166

166

105

100%

97%

Jan-July

I960

4s

mtge

*94%

—

Jan-July
Mar-Sept
Mar-Sept
Jan-July
April-Oct

mortgage 3'As series D 1967
Co first mortgage 3s 1958

First

85

«—.

—Jan-July
Jan-July
April-Oct
.—Apr-Oct
Jan-July

1984

85

97%

85

1976—Afay-Nov

85'A

2

85'A

97%

Union Telegraph Co—

Vi'

41

83

86 »A

7 4'A

87

92

5

93'A

95

A,

-

A-

.1

100'A

103'A,

:>0

120

92'A

115'A 143

10

105

119'A

—

86%

*100%

April
1991—April
Feb-Nov

&

Gen

34

ions
103

96

Y
Electric Light

'ut-n;:'

& Power 2%s

93

1976_Jan-JuIy

93%

*102

92%

•

92%

5

78

3

'••'V

91'A

9 7'A

*104

94%

96'/a

99'A

104'A

104'A

—

the

included

in

sale

not

year's range,
the

d Ex-Interest
Under-the-rule sale not included in the year' s

n
year's range,

Included

in the

year's

range,

.

e

Odd-lot

range,

sale

r Cash

not

sale

y Ex-coupon.

impaired by maturity.
as being in bankruptcy, receivership, or reorganized
or securities assumed by such companies.
•Friday's bid and asked prices; no sales being transacted during current
A Bonds selling flat.

113

116%

91'A

19

in

delivery

§Negotiability

101

92

97'A

91'A

109%

7

56

109 % 110%

110%

not

416

103'A 105

June-Dec

Included

82

75%

Deferred

a

101

100

April

*160'A
*143 »A

1981

guaranteed 2361

4s

Wisconsin Central RR

134%

78

„

93%,
159'A

153

159'A 159'A

June-Dec

series B Jan

debentures

income

Wilson

98

96

ioi ie

*120

—

93

93

—

Wheeling & Lake Erie RR 23As A 1992

85

133

28

103

—

'

V\':

133'A 133'A

103'A

98

—

Wheeling Steel 3 Vis series C 1970

90

83,

'

Jan-July
Mar-Sept

1974

debs

88

3

89'A

*84

„•••

103%

90

94%

*92

*143'A

Westphalia United Elec Power Corp—
§ A 1st mortgage 6s ser A 1953

107%

105'A

104'A

101J2

102

*160'A

1969

series A Jan

4'As

ref

first

Westinghouse

124%

115

105'A

133'A

10

*89

gtd 4s series B 1957—May-Nov

30-year 5s 1960
43As debentures series A

82 Va

74

3%s conv 1982—April-Oct
debentures 2%s 1971—May-Nov

37/8s

Chemical

Stauifer

2

33

(Indiana)

Oil

first

RR

Western

114%

111

582

82'A

120'A 121%

'

102

Jan-July

mortgage 3 Vis series B 1971
Co conv debentures 3Vis

Yonkers

Standard
Standard

114%

149

'

102

June-Dee

registered 2361—
Maryland Ry 1st 4s ser A 1969

5s

105'A 106'A

May-Nou
Aprll-Ocf
Afay-Nov

1983

debentures

3Vis

97%

82'A

—'

106 y4.

June-Dec

mortgage 3'As series C 1979
Western Pacific RR Co 3 Vis ser A 1981

95

94'A

106'/a 106%

'' '■

105

*143'A

1968

debentures

Income

Winston-Salem

mortgage 2 Vis series G

Voint

92

106%

Jan-July
Jan-July
Jan-July
Jan-July
April-Oct
April-Oct
April-Oct
Jan-July

105 y*

4

Co—

RR

Shore

4s

RR Co—

mortgage 2%s series F 1996

First

97'A

1

95'A

105'A

'75—June-Dec

103'A

105

-June-Dec

Western

ioi y4

8

92%

Mar-Sept
May-Nov

1977—

105'A

104'/8

5
25

105

of America—

consol

mtge income

West

95%

112%

99'A

113

121%

Mortgage 2 %s series E 1986

First

101'A

98

92%

110'A

99'A

Jan-July

1981

San Fran Term

125%

92%

4Vis conv 1973—June-Dec

1969

Southern Pacific

113%

May-Nov

4Vis

,4Vis

First

11

Pacific Co—

First
Gold
Gold

25

93'A

■r.

RR

mtge 4s

Warren

70

*94'A

82'A

Southern Indiana Ry 2%s 1994
Southern Natural Gas Co

98

92%

114%

104'A 104'A
104'A 104%
105

Washington Terminal 25/8s series A 1970
Feb-Aug
Westchester Lighting gen mtge 3'As 1967—Jan-July
General mortgage 3s guaranteed 1979
May-Nov
West Penn Electric 3'As 1974
May-Woo
West Penn Power 3'As series I 1966
Jan-July

96%
163 Ve

63'A

116

ctfs 47/8s

subord

conv

First

103%

93'A

2

70

98

wi 1970——Jan-July

98'A

Jan-July

3Vi8 assented series A 1951
H%8 sinking fund mtge series C 1951
3'As assented series C 1951

104%,
98 Vi

104'A

98'A

June-Dec

assented series A 1947

sinking fund mtge series A 1951

Walworth

101'/a

*110

—

99

*96

Jan-July

1947

99

97'A

Corp—

debs series A

Gen

103 y4

160 y8

27

93%

Co—

convertible debentures

Works

Steel

1973

debentures

1967

1st

Jan-July
Feb-Aug
Jan-July

1979

debentures

3'As

102'A

120'A 123'A

98

--

99%

95'A

w

99%

70

92%

99 Vi
106%

104

586

*102'A 103 Vi

Jaw-July
Jan-July
Feb-Aug
April-Ocl
Apr-Oct
Afay-Nov
April-Oct

debentures 1976

debentures

Gen

96%

95

__

*175

5s

debentures

Southern

98%

93'A

1963
Aprli-Ocf
Bell Telephone 8c Telepgrah Co—

debentures

2%s

1976
gtd

RR

103%

96 V2

100

86%

April-Oct
Afar-Sept

1972

fund

sinking

Wabash

97

103'A

*101

Ala

1976

119

224

95

95'A

*94'A

123'A

100

118'A
1

*103

Jan-July
Jan-July
June-Dec

103%

201

118

*—

108 y2

103 Vs

219

June-Dec

Oil 2 Vis

North

&

Southern
3s

*__

117

107'A

—

219

1982—_—April-Oct
April-Oct
Mar-Sept

Skelly Oil 2'As debentures 1965

2%s

112

*100

1941—Feb-Aug

Afar-Sept

102%

102 V2

*__

98

95'A

94%

104'A 105

104'/a

97

101%.

100'A

*„

Afay-Nov
June-Dec

2%s debs 1970

106

94

90-/a

*94'A

June-Dec

1975—Afar-Sept
1978—Afar-Sept
1979—June-Deo
First and ref mtge 2%s ser H 1980
Mar-Sept
1st mortgage & refund 3%s ser I 1981—June-Deo
1st & ref mtge 3VAs ser J 1982
April-Oct
Virginia & Southwest first gtd 5s 2003
Jan-July
First consolidated 5s
1958
April-Oct
Virginian Ry 3s series B 1995
Afay-Nov
First lien and ref mtge 3 Vis ser C 1973
April-Oct

97

100

*102%

•i-'V'W."./;;

*94'A
*100

First and refund mtge 23As ser E
First and refund mtge 3s series F
First and refund mtge 2%s ser G

105'A

91

31

95'A

107

*105

*„

Line 3.20s s f debs

Socony-Vacuum

debs

f

s

3Vis

88

103'A

2

*112'A 114'A

June-Dec

2Vis debentures 1971
SASiemens & Halske 6Vis 1951
t§ASilesian-Amer Corp coll trust 7s
Sinclair Oil Corp 3V4s conv 1983

South

94%

95'A

1980

35/8s 1971
coll trust 3 Vis 1972

Vanadium Corp

85%

88

—

Mar-Sept

Shell. Oil

100

103

103% 103%

Afay-Nov

& coll trust

Participating

99

81

__

103% 103%

103%

1971

Virginia Electric & Power Co—

99

1974

debentures

3s

Service Pipe

—

149

& Sons 2 Vis 1966

Seagram (Jos E)

99%

—

100

*„_

90 %

'

149

May-Nov

1980
f debentures 1977

*yy3A

100

*97 Va

6 Vis

169

125

*86

Jan-July
2022
May

3s series B

mtge

98

105 ya

3 Vis

148

Air Line RR Co—

Seaboard

47 y4

37 %

86 Va

146 Vs
;
i*;. v/'-V

„

*98

1989

certificates

bond

4s

86

68'A
.

103'A

170

140

6
--

—

149'A

*87%

',^1

May-Noo
Second 4s inc bond certificates Nov 1989_Jan-July
St. Paul & Duluth first cons gold 4s 1968—June-Dec
6t Paul Union Depot 3 Vis B 1971
April-Oct
Scioto V & New England 1st gtd 4s 1989—May-Nou
Scott Paper 3s conv debs 1977
Mar-Sept
First

59

1

United

—

April-Oct

mortgage 4s series A 1997

7l

10

3

101 y4

Bt Louis-San

ASecond mtge inc 4'A* series A Jan
Louis-Southwestern Ry—

71'A

9

2%s

149

*100'A

Baguenay Power 3s series A 1971
.
Mar-Sept
Lawrence & Adlrond'k 1st gold 5s 1996_Jan-July

1st

70'A
3 8'A

Afar-Sept

1961

100 Vc

99%

—

71

39 Vi

86%

4%s

148

—.

1 --1"

Bt

Bt

debs

United Gas Corp 23As 1970

8

gold 6s 1996
Francisco Ry Co—

105 y4

1

Vandalia

I

Second

*148

v:

Mar-Sept
Afar-Sept

AVuB series D 1977
series J 1969

General mortgage 3 Vis

104

97'A ,97'A

86%

160

*168%

May-Nov

1952—

6s

mtge

AConsol

135 y8

39

105 % 105'/a

99%

83

--

170

*152 'A

—

■

mtge

*100 %

June-Dec

3%8 debentures 1977

102'A

99

„

86

*99

—

May-Now

1950

100 y4

134

Feb-Aug

104'/8

Rhine-Westphalia Elec Power Corp—
§ A Direct

1974

1975

debentures

27/88

1st mtge

~

Jan-July
Jan-July

fund mortgage 1946
1946

101

3

104'A 104%

104'A

1985—Jan-July

99%
99%

99'A
135

Refunding mortgage 2 Vis series C 1991—Afar-Sept
4'As s f debs 1973
April-Oct

143 Va

216'A

4

;

debs

conv

U S Rubber 2%s

assented

§ AConsol

7

1982

mtge 3'As

6 Vis

mtge 7s

100'A

135

Union Pacific RR—

Union—

§ ADirect

100 Vi

United Biscuit Co of America 2%s 1966

143'/a
—

10

*—

—••;■■■■

Reading Co first & ref 3%s series D 1995—May-Nov
Reynolds (R J) Tobacco 3s debs 1973
April-Oct

3 Vis

100 '/2

103

101

Union Tank Car

;

96'A

96'A

■

105'/a

103'A

103'A 103'A

1983—April-Oct

101%

216'A

Cf''

216'A

*—

V—"

99%

101'A

18

100'A 100'A

1968

Union Oil of California

33As

7s sinking

12

coll trust 2%s 1975_ApriI-Oct
Afay-Nov

and

& coll tr 27/8s

1st mtge

*140
:

debentures

3s

It

Rheinelbe

37/8s ser E

27/8s

Corp

mortgage

1st mtge &

debentures

25/8s

101

101%

Pacific—

Union Electric Co of Missouri 3%s

I

1

rH o o

97

94'A
~

Q
Quaker Oats

Afay-Nov

Orleans 3%s

New

Trl-Continental

-r "

'

.

96 Va

101

*97

96%

95

*yd

June-Dec

123

123

122%

*„

Jan-July.

u

II
1

1

*102%

June-Dec

1972

;

106 ye

105'/a

97

*100

refunding mortgage 3s 1972—May-Nov
and refunding mortgage 2%s 1979_June-Dec

refunding mortgage 3 Vis

M

II

and

and

RR of

Term

99 Va

April-Oct

gold 5s 2000

refund

96'A
10O

98 Va

"

refunding mortgage 5s 2037—Jan-July
refunding mortgage 8s 2037—June-Dec

;!'V-•

and

95

94 Va

1

Louis—

3Vis series B 1970—April-Oct
3%s series C 1990—April-Oct

M

first

Texas Pacific-Missouri

102%

110

*106

May-Nou

First

debentures

Pacific

General

100

1

Co—

First

33/es

9y '/a

Jan-July
AAdjustment income 5s Jan 1960
April-Oct
Tol 8c Ohio Cent ref and impt 3%s I960—June-Dec

refunding mortgage 3 Vis 1968—Jan-July

First

St

of

and impt M 4s series C 2019
and impt 27/es series D 1985

Texas 8c

90%

98'A

2

102

100'A 100%

100'/4

110

87%

1

90'A

102

109%

108

26

109'/a 110

90'A

Feb-Aug
June-Dec
June-Dec
Mar-Sept

First and

First

Assn

High

Low

No.

94'A

Jan-July

1972

Texas Corp 3s debentures 1965
Texas & New Orleans RR—

108%

107'A

6

108% 109'A
110

Afar-Sept

1956

1963

debentures

3s

4s

Electric 8c Gas

Service

Public

RR

103%
104

108

—

—

Jan. 1

Sold

94 'A

!A

94

May-Noo

debentures

2%s debentures 1973

108%

■

__

*108%

—

Jan-July
Afcy-Nov

1983
2%s 1984

mortgage

Providence

2%s

Co

103
■

__

*108%

'

-

Range since

Bonds

High

Jan-July

'

*103
,

Feb-Aug

3s

mortgage

8c

103%

♦103

•

Friday's

Bid & asked

*

113%

412

Sale Price

Low

Afar-Sept

Pittsburgh Youngstown & Ashtabula Ry—
First general 5s series B 1962—
First

Feriod

High

98'A

2

98'A

or

Last

fAThird Ave Ry first refunding 4s 1960

1984

37/8s series A

mtge

Week's Range

Interest

New York Stock Exchange

Pittsburgh & West Virginia Ry Co—
1st

27
BONDS

Jan. 1

114% 115%.,'
*101
101'A

—

Consolidation Coal 3%s 1965—Jan-July
Plate Glass 3s debs 1967
April-Oct

Pittsburgh

MAY

Range since

High

98'A

'

'

'

115

Pillsbury Mills Inc 3V«s s 1 debs 1972

Pittsburgh

'

•

June-Dec

1983

deb

3.70s conv

Feb-Aug

1964

ENDED

Friday

Bonds

Bid & Asked
Low

Phillips

WEEK

Week's Range

Friday
BONDS

37

(2493)

The Commercial and Financial Chronicle

.

.

tCompanies reported

the Bankruptcy

under

Section

of

77

Act,

week.

.

.

AMERICAN STOCK EXCHANGE
WEEKLY
In

the following extensive

list

we

furnish

a

American Stock Exchange for the week beginning Monday,
report of the American Stock Exchange itself and is intended to include every-security

May 27. It is compiled from a
in which any dealings have occurred during the

May 23, 1955, and ending Friday,
whether stock or bond

RANGE

Friday

Week's

current year.
WEEK

FOR

1

Sales

'

-

ENDED

MAY 27

Friday

■

Sale Price

American Stock Exchange

Acme

Aluminum
Wire

for Week
Shares

.

since Jan.

1

5'A

5%

700

29i/a

29%

100

4% Jan
28

Mar

1

6%
38

Apr
Jan

Way

7%

8'A

7.300

5% Mar

8'A May

Alrfleets

4%

4%

5

1,300

6 "2

Corporation—

1

14 %

14%

15

700

4'A May
8'A Jan

10%

10%

10%

Aeroquip

—

Agnew Surpass Shoe Store*
Alnsworth Manufacturing common.
For

footnotes

see




page

41.

7% Mar

•

5

1,600

10'/a

Feb

17'A Mar

Range

since

Low

10%

Apr

16

3.000

26'A

600

%

! i{

5.600

%

Jan

33%

2,600

27'A

Jan

—

7%

Feb

Alabama

Great Southern

12'A

Jan

Alabama

Power

4.20%

11'A

1.300

32'A

AJax Petroleums Ltd
Alabama Gas Corp

Jan

Shares

Htoh

10%

Inc.

Inc

7%

Inc

for Week

Range

14%

(N J)

Industries

1

Stores

Sales

Week'e
of Prices

25%

Air Associates Inc
Air

1

Hat

Sale Price

Low

High

Cotr

10

Alloys

common

Range

Him

American Stock Exchange

Supply Manufacturing

Adams
Aero

Co

of Prices
Low

Par

Acme

Range

Last

STOCKS

■

Last

STOCKS

RECORD

YEARLY

AND

complete report of the transactions on the

preferred

147

147

10

'13'/a Mar

13%

Jan

140

Jan

100

Mar

Jan.

1

High
12%
16

35'A
1

Jan

May
Feb
Apr

34% May
150

Jan

105'A

Jan

38

The Commercial and Financial Chronicle.

(2494)

Week's

Friday
STOCKS

Last

American Stock Exchange
Alaska

Airlines

Friday
Range

High

since

Jan.

Low

6 Va

5%

6%

15,300

39%

38%

39%

6,400

36%

7%

1.000

5%

Jan

5%

6%

52,400

May

Amer

dep rct« Aner shares

American

10e

Engineering Co

Alleghany Corp warrants
Allegheny Airlines Inc
Alles

A

Allied

6%

-1

5%*

Pictures

convertible

5%

preferred

Products

5%

12%

100

4%

4%

2,000

4

10%

Allied Control CoTnc_————————1
Allied Internat'l Investing cap stock—1
Allied

V

5%

12%

1
10

Corp

10%

1,300

Canadian

6%

11

Jan

ivtur

3% May
1% May

Capital City Products common
Capital Transit Co

•

Carey

Jan

Carnation Co

Power

16%

050

14%

Fee

3%

Jan

5%

Feb

Carreras

950

33%

Jan

40 Vs

Feb

100%

100

100%

750

95

23

23%

300

21%

American

Carter

American

Inc
5%

_l

Co

1 %

1

54%

American

Hard

Rubber

American

Laundry Machine

American

Manufacturing Co

American

Maracalbo

Co

pfd

53%

54%

100

50

18%

200

33%

2

50c

American Writing Paper common
Anaurex Oil Development class A
Anacon Lead Mines Ltd

3

3

2

Apex-Electric

Power

4.72%

&

Central

Apr

Central Power & Light 4%

Jan

Century

pfd
Electric Co common

33%

1,200

35

Jan

Century

Investors

37%

Jan

18Va

Apr

Cessna

4%

Feb

Camber'in

17%

600

14 %

4%

2,200

4%

22

23

.

'

13

4,200

13%

Feb
Jan

23

16% Jan

100

Jan

21

4 %

1,600

4

11% Mar

11
109

4

4%

10%

11

130

29%

27%

30 %

31%

33

10,100

3

15%

107

5.200 '

Apr

Clark

Apr

Clark

32

Apr

29% Jan

38%

Apr

17%

Jan

14% May

50

109'% May

6%

4,800

108% May
5% Mar
24% Mar

33% May
74 Va May

Coastal

34%

Colon

6%

33%

3,000

80

72%

72%

72%

50

31%

31'%

31%

1,800

£1

10%

10%

10%

400

1

6%

6%

7%

9,300

1

1%

1%

3%

4o,£J00

v

56

7%

Mar

18% Jan

Jan

Apr

Inc

$43

dlv

arrear

paid

July 1 '53 & $41 on Dec
Atlantic Coast Fisheries
Atlantic Coast Line Co
Atlas

Corp

•

102%

102

50

21%

'53)

11

warrants

1

Automatic Steel Products Inc

Non-voting

non-cum

Automatic Votlnv
&

Ayshlre Collierlos Corp

107a May

Jan

6% May

8

1%

4 Va

Jan

May
Feb

3%

1

4%

lc

190

Jan

Vtc

Jan

Connelly

May

Apr

ounsondated

Inc

2%

Jan

5

37a

Jan

47a

Feb

14 3/8 Mar

1S%

Feb

Continental

Air

117a Mar

Continental

Aviation

3%

2,500

4%

1,700
100

9%

9,200

9

May

277a

GOO

21

Feb

16%

700

4%

27,700
;*

7

27% May

Jan

,11% Apr

15%

Jan

18

37a

Jan

10

9

2

13,900
1,000

7%

5%

57s

8,700

5% Mar

16%

3,300

12% Mar

15%

9%

10

400

3

2%

3

4,500

X5%

x5

1

1

%

200

May
Feb

2\l Jan
16%

Feb

Apr

674

Apr

V

1674 May

May

2 Va
5

11%

Feb

Jan

3 %

May

Jan

9

574

15%

15'%

15%

600

14%

21

20%

21%

May

20

19Va

20 Va

3,100
13,700

20 Va

1

8%

Jan

1,200

45%

Apr

16 Va Mar

Jan

1

common

10%

May

f6

12%

Apr

4 %

Jan

9%

500
common

9%

18,800

11%
16

267a

Feb

21

Apr

Bell Telephone of Canada
common
Benrus Watch Co Inc

25
1

9%

9%

97b

600

Blckford's Inc

j

12%

12%

12%

250

11%

Jan

1274

Apr

7%

7%

100

5 Va

Jan

9%

Apr

7Va

7%

200

7 Va May

8%

Jan

13 Va

14 Va

1,000

10 % Mar

41V4
41%
101% 103

500

Blauner's

class A

•
-.1

common

Blumenthal
Bohack

common

& Gorham

(8)

(H C)

3

Co

&

Co

•

common

common

prior cumulative preferred
Scrymser Co
Bourjols Inc
Foote Gear

100

Works Inc

Bridgeport Gas Light Co
Manufacturing Co

British

American Oil

British

American

dep

Amer

dep

•
•

♦
•

bearer

Petroleum

Co

rets

Company

cumulative

ord

BSF

27

7%

-V

14%

Jan

45

Jan

103

35,700

Apr

3%

Jan

Jan

"5%

Feb

2%

Jan

37a

Feb

3

7% May
5% Jan

9% Mar

7%

7%

87a

Apr

26%

25

26

Feb

2674

Feb

28%

350

25

Jan

29% Mar

27%

800

1,300

26

Apr

307a

A

5

At1

'i<r

29'%

14%

1

16 Va

_•

common

116%

30

300

1,60(1

Car-Na

Jan

26

Feb

16%

7,900
3,675

107% Mar

17%

2,300

7 V4

7%

1.3°0

30

May

16

Mar

*7%

.Tan

14 V8 May
17

Feb

11974

Feb

187a

Jan
Feb

8

New

20

Apr
Jan

100

Apr
7% Jan

200

10% Mar

10%

10%

10%

900

10%

Jan

1074 Jan

19

187a

19 Va

2,800

16%

Jan

207t -Apr

Mines Ltd—

6%

6%

25c

27a
9 Va

10c

Canada

Fire

Insurance

Bread Co Ltd

.

Canada Cement Co Ltd common™.
6 % % preference
1

Curtis

Manufacturing Oo

Canadian Homestead Oils
Canadian Marconi
For footnotes

see

Ltd

Davidson

page

Demleln




(Mo)

Detroit

Distillers

Dome

361/2

Jan

49%

Feb

14

Jan

2274

Apr

Apr

9%

Jan

7'/a

1278 May
121/2 Feb

177a May

2278

25

Jan

19

Jan

% May

xl3%

12%

2,900

674

6,009
6.000

24% May

31%

Jan

1,109

13'/4 May

147a

Jan

137a

9%

Jan

May

5

5/a

133/4

Jan

83A May

% Mar

Apr

•

37

3574

37

7,400

14

14

14%

1,900

Jan

14%

Feb

14

1374

14 Va

1,500

Xl07/e Mar

157a

Apr

67a

674

1,000

974

2

2,200

674 May
l5/a Jan

3

5%

Jan

67/a Mar

2 V2

Apr

53/8

Jan

353/4 Mar

417a

Apr

IP

Jan

67i
2

X6%

17a
xG

Va

2%

274
3874

x6

%

2C3/4 Mur
12

390

3

9,200

37

May

Feb
Jan

383/4

100

1 (1

"li

9,700

%

Apr

1574

15 %

900

127/a

Jan

16 Va

Feb

3174

1174

700

97/a

Jan

13

Feb

20%

20%

100

167/a
16

"%
...

9

Apr
Jan

193/4 Mar
57a

145% 14874

2,100

50%

487a

50 Va

10,700

8%

8%

8VB

300

14%
3

•
10

1474
27

3

21 %
—

1374
26 %

•
280

21

21%

165

—

20% Mar,
57/a
151

Jan
Feb

50Va May
16 % Feb
26% May
33/a May

25%
r

Feb

2Va

Jan

160

19

Jan

10

165

Jan

133/4 May

300

2.200

Jan

17% May

45% May
6% Jan

2,700

3%

Jan

120V4

—

165

May

9%

Apr

247/a Mar
175

Mar

11%

11%

11%

4,100

93/r

Jan

12%

Apr

26%

24%

26 Va

340

17%

Feb

26 Va

May

Jan

7

Jan

7

17%

8% Mar
Jan

%

%

Jan

Jan

18% Mar

Bridge
Steel

& Chemical Co Ltd

Harris
Power

B)

Jan

Apr

674

3%

16

16%

3

374

3.900

474

4

29%
1

590

3,899

2974

400

•v®

1

iff

174

4,600

——t

16%

574

15%
5

10

16%

1.100

515

4,100

Mar

Jan

30

Feb

155

May

Jan

3

May

3

Jan

1«%

Anr

4% Mar
4

3% Mar

28 Va

Jan

333/4

Feb

Jan

35

Feb

1/4 May

2

30V Mar
1274

Jan

5

Mar

,

Jan

3!«

Jan

16% May
6% Jan

874

874

100

7

Jan

19

Jan

2074

Apr
F*b

17%

18 Va

2.300

15%

Apr

18%

Jan

12 V2

13 Va

2,900

10 Vb

Apr

13Va Mar

7%

—

7'%

200

•
—•
*

33

*

—■

•

25

29%

1

vH

137a

Mar

7Va May

Jan

674 Mar

1274

12%

500

12 V8

Apr

6

574

6%

2,000

43/8

Jan

27

26 %

27

150

25 %

Jan

42%

41%

4274

22

2374

—

X237a

9

8 Va

Feb

1574

Jan

7% May
27

May

2.800
.

36

Jan

447/4

3.500

1974

Jan

24

Mar

7,800

8VS

Feb

10

Jan

Feo

1

938

9 Va

9%

42%

42'%

42%

50

39% Mar

45 V*

Jan

54

5474

200

50%

Jan

5874

Feb

1574

16%

13.400

13%

Jan

17 Va Mar

"

.10e

dep rcta ord reg.

.10s

1574

Co.

1

common

Sulphur 8c Potash Oo

6

674

10,900

•

4%

3'%

Jan

774

6 Vb

.1
common

315 Mar

~

Jan

674 May
574 Feb

—

Jan

10

209

8 Va

28%

—

•

28 34

700

27 Va

9 Vb

974

35,000

103/4

8,100

974

May
x7% Mar

Jan

Jan

10

Apr

30 %

Jan

Jan

A

5!g

5,000

2974

29%

100

27% Mar

32 %

38%

38%

38'/a

400

37% May

44% Mar

2%

2\l

32,300

2% Mar

3

6%

57a

20,100

5% May

7A

•

Dynamics

Corp

of

America

■astern Gas 8c Fuel Assn

4%%
Eastern

16

4 Va

1

common

Duro Test Corp
Duval

16%

10

22 Va
143

2fV Jan
33

Rubber Co Ltd—
(The)

Mar

Jan

500

—

Hosiery class B

May

203/8

Jan

9% Mar

10

Durham

4

Jan

30

Laboratories—

Duraloy

5

common

Co..

Jan

13%

53/8

27 %

1
1

Apr

3,200

27%

1

li9«

129

7Va

27 %

Co..

(Allen

Apr

17

2,200

3.* 74

1,600

7.50

6%

Jan

Jac

2474

1

ord stock

27a

May

Apr

18 %

Jan

2374

2.54

Corp common
Ltd

Jan

117/a

18 Va

Jan

6%

G74

6s 8d

Co

8c Coal

4% May
3 % Feb
14

Hi

Jan

14 %

8

254

Inc

American

1%

32

10%

250
803

24 7

1

L*d

Finance

A

7 %

1

Douglas Oil Company
Dow Brewery Ltd
Dragon Cement Co Inc
Draper Corp common-

Class

17a

'

32 34

1.G00

8

Ltd—

Dorr-Oliver

Driver

—

14 %

774

10

Drilling 8c Exploration Co..

Feb

—

I6V2

14%

<—

5

Mfg Co

OUs

1574

—

100

8c

Dominion Textile Co Ltd

Jan

]'•!
6A

Jan

28 %

6 Va

•

(The)

Domestic

137a

3

1174
27

35

dep rets ord reg
Corp
Exploration Ltd

Apr

600

6;«

50o

Products

Co

DuMont

7,100

6 %

137a

Jan

874

10

10c

A

American

Dlversey

Duke

84,200

11%
27

16

Devoe 8c Raynolds class B_

Jan

12,200

2%

13%

100

Jan

2%

•

1

Corporation

Gasket

5%

12 Va

2%

1,209

.2.50

Inc.

Mfg class A common
debenture

978 May

15%

6%

9,500

73/»

I

Bennlson

Jan

117a

1

41.

Brothers

Day Mines Inc
Dayton Rubber Co class
Dejay Stores common.

Apr

2%

10c

22%

774

2.50

common

Daltch Crystal Dairies Ino.
Davenport Hosiery Mills

9

5

Jan

May

478

•

common

Inc

12%

5

common

Lighting

4%

14%

20
Canada Southern
Petroleums Ltd vtc__1
Canadian Atlantic Oil Co Ltd
a
Canadian Cannen Ltd common
•
Canadian Dredge & Dock Co Ltd
•

Sugar

Tobacco

27b

700

12%

•

41

217a

5

(Md)

Cuban

3,100

15

5

41

7 3«

1

uo

Curtis

5,500

2%

5

900

5

Internat'l "A" partlc
Drug Co common
Crystal Oil Refining common
$6 preferred
Atlantic

13% Mar

32

1% May
71/2 Apr

41,200

774

41

reg)_£l

Cork

6%

•

5%

_2

22

s

Cent Petroleum

3%
10

•

1

(ord
;

Crown

7,400

1

Calgary & Edmonton Corp Ltd
California Electric Power
Calvan Consol Oil & Gas Co

"174
774

—

dep receipts

Crown

%

4%

50c

Estate

S-*

rH
——

A

Crown

Cuban

S3/8 Mar

3a'4 Mar

1

1

common..

class

Crowley Mllner A

Dunlop
2 V:

I

31

•

common

Dominion Tar
Jan

7^4

7.50

9% Mar
32

_8e

Petroleum

Dominion

10%

12 %o

27% Mar

Jan

Ltd—

American

Dominion

11

C 8c C Super Ccrp
(new)
Cable Electric Products common

Reynolds

Oourtaulds
Creole

Feb

%

2,700

4

•

preferred

16%

7%

iff

32

574

•

non-voting.

8c

267a Mar

2578

common

$1

13% May

10'/a

3s 6d

674 May
113/4 May

38%

Inc

Corroon

19% May

10

Corporation

Coro

200

50c

convertible class A

B

800

18%

Burry Biscuit Corp

A

Class

14

22 %

dep rets ord shares

1,400

.10*

Cornucopia Gold Mines.

21%

2,500

9

1,300

7

Oo

Hardware

157a
16%

2.50

Mar

7

674

Mar

Ltd—

Steel

1,300

60c
convertible preferred
Bunker Hill & Sullivan

Class

Inc..

Varnish

DlstUlery
voting.

Detroit

19%

common

(H)

Jan

114% 117%

%

Apr

8

6%

1

47a

9% May
14% Jan

13%

21

67a

1

3}£ Feb

•

preferred

Uranium
&

Paint

Corby

Corp
Corp..

Manufacturing
Detroit Gray Iron Foundry

23%

Camden

Var

Jan

69,400

21

33% MaT

123/4 May

17

6%

Englneering_l

Apr

19%

Sugar

8c

7%

14 Va

7%

1

Jan

10 % Mar

2,500

23% Mar

1.25

Inc

7%

225/a

Calamba

Lines

.Tan

12%

16%

2.50

291/4

1274
21

1

Jan

19%

OH

Utilities

6Va

22%

6%

Gas

Devon-Leduc

10

Ltd class B

300

350

32

12%

6t>c

Detroit

2,700

1

preferred

32

20

50c

Corp

P34

7%

•

Byrd

Inc

Engineering

Commercial

8%

7%

% Mar

Jan

May

*

American

Containers

Continental

Mar

99 Va

Company

Burma

Apr

36

Buckeye Pipe Line
Budget Finance Plan
7%

Jan

28 Va

26%

30

£1

reg

Brown Rubber Co common
Bruce (E L) Co common
Bruck Mills

100

1,800

107a

Ltd—

$5 convertible preference
Brown Forman Distillers
4%

%

27i

3

9% May

26%

7%
28%

10s

American dep rets ord
reg—.
British Columbia Power common

Brown

7%

~2%

10s

reg
Ltd—

deposit

50

437a May

Apr

3%
2%

*
common

rets ord

Amer

3%

48%

1
20o

•

Co

rets ord

British

48%

Tobacco—

Amer

British Celanese

101%

}

Brazilian Traction Light & Pwr ord
Breeze Corp common
Brlllo

13%

•

5%%

Borne
Brad

48%

ui.uy

1

2,200

Jan

123/4

1

Consolidated Liquidating
Consolidated Mining 8c Smelt'g Ltd
Consolidated Royalty Oil

16%

1

(A S) Shoe Corp
Beckman Instruments Inc

Starr

1958

CoLsolldated

4%

20c

Beck

Black

to

ext

Jan
Feb

lfc%

5%

t-z

U

20'%

800

13%

10'A

1

Ju.ll

7uJ

1 ff

3,900

24% Mar

2

2u

75
)3

23

5,700

Jan

2

38

74

227a

1774

Apr

97a

•

9474 Mar

14 %

15 %

9%

50c

Ltd"—

Jan

25 VB

Cook

,

167/a Mar

75 Va

16%

2%

2& Jan

12 Va Mar

247a

5374

Apr

Feb

525

16%

104%

Feb

1%

6

600

24%

10%

l

Barcelona Tr Light & Power

6,700

Feb

-Tan

83%

■

.10

5,800

9%

174

110

.10

26,600

4

5'/4 Mar

..1

11

lo

American shares
Banff Oil Ltd

Bellanca Aircraft

Co.

22%

Banco de los Andes—

Basin
Oil
Company
Bearings Inc
Beau-Brummell Ties

Manufacturing

Va May

99%

Gas—
1

209

Commodore Hotel Inc

Continental

&

A

Baldwin Rubber common
Baldwin Securities Corp

5%

Apr

6%

15

1

207a

2774

5%

30s

Co

1

3%

ton

20%

•

47

4

Jan

fif/,

Apr
Mar

80 %

10e

ordinary

Stone

Continental

Bailey & Selburn OH

Barium Steel Corp
Basic Refractories

vtc

300

9

3

common

Colts

16 Va

300

1

8c

Jan

97/a

3d

•

600

xl5% xl5%

*
,

Co

Airlines
Sand

Jax»

14%

23

20

common

1%

B
Class

Development

G.209

6 %

1

Manufacturing

Equlnment Co

Colonial

1874

1

Products

Farm

98

1

Co

Oo

Caribbean Oils

CockBbntt

Feb

•

Corp

Aluminum

Feb

931/4

96

1

10%

I

preferred

Machine

Electronic

Club

Coal

7Va

100

7%

Hi

B

Co

Lambert

200

May

82%

1

Co

Hosiery

8c

7%

80% May
8% Mar

7j74 Mar
12

28%

6Va

4

52%

'

Science

Claussner
Cllnchfleld

Feb

Community Public Service.
Compo Shoe
Machinery—

X103

17a

1

Atlas Plywood Corp

Axe

8%

on

51%

22

L

Colonial

dep rets reg

(ex

■

D

75 %

8% Mar

2,600

15

•

Clarostat
Manufacturing
Clary Corporation

22% Jan

(The)

Controller

17,600

2.50

Laundries of America
Associated Tei
lei—
A

City

13%

15%

32

Macmne

Cable

&

110%

Jan

Clayton

32

&

Mining
Corp
Auto Stamping

109%

14%
109

6%

Stores

Rivet

Wire

150

18

5%

f

common

Consolidated

Circle

Feb

5

May
10% May

1,200

110

109

32

—100

Associated
CI

Chicago

Mar

80 74

18.500

16

8% Mar

18

1

10%

15

2ova

__

10

Cherry-Burrell

Jan

100

95%

Chesebrough Manufacturing common. 1Q

Apr

27%

22

9% Mar

9

6

12

41%

4A

2,909

Jan

93/a May
6% Mar

Jan

6% May

13,900

18%

38

3 Va

14%

Apr

5 5/8

7%

2 Kn

Ltd

Co

5%

11%

—

1

common

America

common

OH

15% Mar

Jan

5% Mar
:

10

9,600

Apr

900

Feb

14

4,900

May

157 a : xlb %

Apr

37/s

Jan

7%.
\if

~4

12

3

11%

•

Co

of

Co

Vb

2

Inc

3 %

10%

warrants

Food

Charter

Feo

1

preference

Corp

Jan

74

7.0 %

80

10

7

Associate Electric Industries—
American

Charla

May

Mar

27 %

100

Is

1

convertible preferred—
Equipment Corp

Associated

Ohio Steel Products

Aircraft

—

100

10%

13%

4%%
Aro

preferred

29%

17%

Jan

Oo—

25% May

10%

A

Power

314

•

4

57s

1

series

Jan

5

class

Jan

5'/a

1
Oorp

$1.60

Jan

Light—

Armstrong Rubber Co

4%

Ltd

Secur

8% Mar

Chief

preferred

Jan

23%

14%

Co

Jan

4

24%

1

Arkansas Fuel Oil Corp
Arkansas Louisiana Gas

6

6,ll'0

1,000

19%

Manufacturing Co
1
pfd—100

Armour & Co

Mar

Central

Corp—

Appalachian Elec Power 4%%
Argus Cameras Inc

18,309

4"'/4

1,400

2.40

Nitrate

Angostura-Wupperman

Arkansas

22%

5

shares

874

16,300

_7

20c

"A"

74

4 %

9%

4%

17%

909

8

23%

5

%

8%

preference

Convertible

Feb

6%

Va May

4%

Explorers
Hllnol3

Conv

Jan

Feb

10 Va

115

200

16 %

33%

32%

74

10

10

8%
33

12

137

1
—1

Co

Central

3 50%

Jxh

Jan

Jan

"4%

America

Central

Jan

116

•

&

Jan

217a

325

-1

of

Jan

33% May

American Thread 5% preferred
American Tractor Corp

Anglo-Lautaro

Mj

Feb

Apr

1a4

Jan

57a

110% Mar

—

common

1%
55

120

2Va

Apr

common.

1%

Jan

2,700

V 57a J~n
30 %

Apr

97/s May
8% Jan

3,900

>8

•

Corporation

Maine

9

2Va

2$ 8d

32%

"9%

Anchor Post Products

Co

Apr

,17%

23

—

Light $5 pfd

23 %

33

1

_•

American Natural Gas Co 6%
American Seai-Kap common

1

18%

23

Meter Co

38

1,300

10%

8%

;

'

Corp

Cenco

10

9%

•

dep rets B ord

Apr

%

■

1%

(A

Catalln

Apr

May

&

Products

Castle

Mar

12%
10

31 % May

20
com
.

24

:

Jan

6%

3,000

23

Co

Jan

.9% Mar

6,300

13

Co

American

10

common—1

common

American Book

450

11%

7

pfd

conv

Car

Beverage

9%

100

Air Filter

SAmerlcan Bantam
American

11%

25c

-

10%

2.50

common

Wj

(J

Casco

100% May

Kennedy

&

Co

&

27'/«

—19.50
1

Inc

Ltd—

Baxter

Carman

35%

19

1

25% May

2jg May

34

Ambrook Inaustrles

9,100

10,509

26,800

11%

Mar

'/a

1%

3%

preferred™——.100

cumulative

4

1%

218

1.6 Vi

Aluminum Goods Manufacturing——_•
Aluminum Industries common
•

374

1%

0% May

Jan

lan.

since

17% Mar

3%

35%

—

Range

9,300

1

I

common

4

25%

1

Carolina

(Mich-

bo

Mitierau*

247a

Canso Natural Gas Ltd vtc

15 %

'

25 Va

Canso Oil Producers Ltd vtc

Aluminum Co of America—

$3.75

wmisu/ii

pfd—10

Feb

13% May
5% Jan

•

Ltd partlc

Petroflna

Jan

9%

9% Jan

heel

Share*

Jan

44

6% Mar

4

3,000

of Prices
Loir

6% Feb

Jan

4%

1

Fisher common

Artists

4%

Sales
foi

Range

le Price

High

Jan

7%

5

Week's

Last

American Stock Exchange

1

Cniiaulau

Inc

Monday, May 30, 1955

.

27
STOCKS

Shares

Alfemene Kunstsljde Dnle N V
All

ENDED MAY

Sales

of Prices

Lew

WEEK

FOR

for Week

Range

Sale Price

.

STOCK EXCHANGE

AMERICAN
RANGE

.

Jan

A Apr
Feb

23% Mar

2%

2,600

2 A

Jan

3Va

Feb

6%

6,300

5% Mar

9%

Apr

prior

common

preferred

Malleable

■astern States

1

Iron

Corp

10

42

preferred

1074

100
25

1

10 %
69

30%
21

V2

9%

71

590

63%

30%

3174

930

28

19%

21

9,700

1734

S74 May

Jan

127.

Jan

73%

Apr

Mar

32%

Jan

Feb

50

int—1
30

25

25

200

22

Jan

May

195

Mar

160

May

181%

18%

1623/4 1641/2

Apr

172

$7 preferred series A.
$8 preferred series B.
■astern Sugar Associates—
Common Bhares of beneficial

974

Jan

20%

21 %

Jan

25

Feb
Aor

May

39

(2495)
Number 5433

181

Volume

.

The Commercial and Financial Chronicle

..

AMERICAN STOCK
BTOCK8

Range
of Prices

Sale Price

American Stock Exchange

Bond

Electric

Share

&

common

Corporation

ElectroData

EJectrographic Corp common
Corp of America

Electronics

16%

5,600

12%

Jan

U

3/4

20,800

%

Feb

Equity Corp
Inquire

4,000

20%

2,300

14%

5,200

19%
13 Vb

'

——

1

Jan

9 Va

Jan

22 %

Feb
Feb

Jar

42%

Jan

53%

3/„

,

May

1 ft

Kennedy's

18% Mar

2 Va

9,700

1%

2ft

66,000

1%

Jan

24$ Mar

■ringston

415

4%

6,700

3%

Jan

53/4 May

Klo

58%

593/a

Ho

Fitz&lmmons Stores Ltd

"5%

5%

1

Inc.
F^ahman (M H) Co Inc

10 3/8

10 %

1

21%

21%

22

class A—

—

.1

6

non-voting

voting

R

rets

dep

A)

(Geo

Kleinert

Jan
Jan

Kobacker

Jan

Kropp (The)

122% May
122

Jan

10%

,31,700

6-%

7%

83,100

6ft May

7% May

4

4 Va

2,000

3% May

47/a, Feb

23/4

3% May

3%

21,400

16%

1,300

3%

1.2S

3%

>

16%

16

Apr

17

14 % Mar

•

Power Co

"Warrants

Apr

•

4,000

convertible

com. —1
25

preferred

1,300

2%

Corp
Corp of Delaware
& Sessions Co
Monotype Machine

Lamson
Lamson

18%

8 Vb

General Plywood Corp common

50c

__

4%

4%

Class

—

6

6ft

6%

9,700

ft

Manufacturing

Amer Industries

Atlantic

6ft May

8%

Jan

11%

Mar

1,300

Feb

»•)*

43

•

conv

■

v

•

19% May
15%

20

Jan

50)

21

1,800

1%
aa. i/„

May

.100

4%

Pacific Tea—

1%

Feb

Merrill

Feb

Mesabi

Iron

49

.30 %

Jan

30% May

Jan

29

Feb

7%

...

15%

5 50 )

4%

47/a

6,500

13% Mar
Jan

preferred
Great Lakes Oil Si Chemical Co
Great Sweet Grass Oils Ltd

.100

2%

7,901

I

2ft

2%

2%

11,000

Hydraulics Inc
Gridoll Freehold Leases

.60c

13%

13%

14%

1,500

—9c

9%

9%

10

6,100

2%

187%

—5

—

18%

19

14 %

—2

Grocery Stores Products common—

2%.

4,300

14%

100

Feb

8%

16% Mar
Feb

53/4

Jan

Jan

140

Mar

3%

Jan

May

4ft

Jan

13% May

18%

Jan

2%
2

Apr

Jan

8V4

18 3/s Mar
Jan

14 V4

Feb

1 2 3/8

19

May

15% Feb

—25

common

Corp

Bishop

Hazel

Hecla

Stores

Dept

Beam

Mining

Co

Rubinstein

Helena

Co

Heller

common

A

Class

common

Michigan

Sugar Co

common

preferred

6%

Midland Steel
82

non-cum

Mldvale

Co

Mid-West

Midwest

Co
Refineries

Piping

Mid-West

Wohl

Co common

convertible preferred
Mining Corp of Canada
Minnesota Pwr & Light 5% pfd
Missouri Public Service common.

May

2 3/4

Feb

Moiybaenum

5 Va

Jan

Jan

5%

1,600

May

2

700

2

Mar

23/4 Jan

9

10,100

8 Va

May

123/b

May

593/4 Apr

200

Jan
Feb

8%

Jan

15%

24

25

1,100

22 Va

Jan

29 %

15

303?

102 %

-y

200

14%

Jan

15% May

31%

90 0

28 Vi

Jan

33%

102 %

102

50

99%

Feb

105

May

10

76%

Jan

81

May

81

81

16

16

100

1,900

14% Jan

Feb

17%

Feb
Mar

5

4 %

4%

9%

4%

Feb

15%

■

9%

100

14%

1,000

13%

Feb

15

9,200

15% Mar

Jan

22 '/8 x25
4

4 Va

2,000

21

23%

1a300

19%
49%

19%

50

*

144

22%

100

Jan

9% May

Mar

10% May

Feb
Mar

23% May

Jan

20 % May

153/4

50

47

145

40

138

22

23

800

49 3/4

10

107% 107%

V»

20%
107

Jan

Apr

23%

Jan

111%

Apr
Feb

37%

41

1.600

323ft

86 %

8478

86%

2,400

84% May

%

4%

700

•
f

9%

834

9%

13,400

7%

Jan

18%

16%

18%

4,100

15%

Jan

4

Jan

148%

Jan

40%

4

50

Mar

(Harvey) Inc common
5
Humble Oil & Refining capital stock—*
Hurd Lock & Manufacturing Co
B
Hubbell

Apr

May
4% Jan

3%
xl7

144

—15

Hardart common

8

Jan
Mar

41

May

99%
5

Jan

Bellas Hess common
Brewing Co (Mich)

Fuel

National

9% May

National
National

National

I
2.50

imperial Chemical Industries—
Amer dep rets ord reg

12%
<7 7
'

12 VB

13

2,200

ltf

6 34

7%

76,600

Imperial Oil (Canada) capital stock—*
Imperial Tobacco of Canada
5
Imperial Tob of Gt Brit & Ireland—£1
Indianapolis Pwr Si Light 4% pfd—100
Industrial Hardware Mfg Co
_50c

36%

36%

36"%

9,100

11%

11%

100

5
•
International Metal Industries A
•
International Petroleum capital stock-*
International Products
5
International Resistance Co
10c
Investors
Royalty
1

117%

insurance

Co

of North America

International Cigar

lews

Itod

11

Public Service Co 3.90%

Ironite

Inc
For

footnotes

see




page

41.

Feb

15

Apr

7% May

36% May

41%

Jan

10%

Jan

11%

Feb

Jan

8%

Feb

National
National
National

Jan

99%

Jan

8.900

4%

Jan

8%

Feb

1,850

99%

Jan

118

May

Jan

23

Mar

New

Feb

36%

Feb

New

30

93%
7

110% 1173/4

26%
-

24%
9

26%

20,900

9%

500

94

8

Jan

May

11%

Feb

New

Jan

8%

Apr

New

Process

7%

7%

8

7,000

5

2%

2%

2%

2,600

2% May

15%

15%

15%

92

6%

5%

6%

'

British

New

Mar

800

13%

Jan

2,600

4 V*

Jan

29%

33/8 Mar
92

Mar

18% Mar
6%

Feb

V'"3''

Jan

8

63/a

Jan

71/4 Mar

Idrla

Min

Jersey

Co

common

Superior Oils (Can) Ltd
New York Auction Co common
New York & Honduras Rosarlo
New
York
Merchandise
New

46 3/4

14%

200

2%

Mar

68.

4,200

2%

Apr

163/4 Apr

Jan

13

Jan

86

44 % Mar

1,075

78

2%

Jan
Apr

43/4

2,500'

6%

6%

May

31

200

6%

3 % Mar

Apr

16% May

14 Va

16%

900

13% Mar

79%

7,400

703ft May

86

Jan

283/4

Jan

40

May

11

Jan

•

X383/4

200

12 %

1,300

11%

3%

1,000

29%

Jan

30 % Mar

May

20

May

20

19

200

27

Apr

6

Apr

26Va

3,000

4

3%
29

Feh

14 Vb

Jan

29

Apr

37 Va May

45

Jan

4]g Apr

4ft Jan
35%

Jan

383/4

Feb

93/8

Feb

10%

Jan

133/4

Jan

15%

Jan

28 %

Jan

42% Feb

10%

3,700

36

33%

37%

3,500

27

27%

800

25% Mar

31%

27

13 3/8

13%

12,900

11% Mar

14 % May

13%
25Va

24%

251/4

8,000

5%

*
50o
5
1
50c
50

5%

5%

7,000

'9

ft

8%

9

36%

35%

13,400

iV

37%
11%

300

5%

11

5,000

1,000

5%

13

100

1

1

1

8

8 %

1,100

13

18%

18%

100

14

141/4

6,800

Jan

26 Va

Feb

21 %

Apr

7%

Jan

Feb

10 Va

Feb

Jan

47%

Jan

Jan

13

May

6

Feb
Feb

5 Va May

7%
27

8Va
5

11%

14 Va Mar

Jan

4,100

8

13/s

Feb

8%

7% Mar

Feb

19% Mar

17% Mar

22 Va

24%

6,800

8%

8%

8%

500

5%

1,900

29

27

19,500

5%

5%

1
10

1
40o
100
1
20
50c

25
1
1
•
1
*
1,—10
10

14%

Apr

Jan

29%

Feb

24% May

20 Vb May

8% May

Jan

63/8

Feb

33

Jan

25

Jan

5% May

3% Mar

63/8

Jan

Feb

5%

5%

1,400

35%

25

343/4

Feb

36

35%

5%

17%

Jan

20% May

20

19%

20 %

1,600

13%

13%

14%

GOO

1%

2%

57,200

54 %

6,300

56

100%

120

107% 107 Va

100

10

99

~4

"4%

%

<:

600

130

170

168

168

61% Mar

Jan

99

May

105 3/4

103

Apr

108

Mar

104

Jan
Jan

3%

Apr

Va May

2

1 % May

100

Apr

15 Vb

13% May
46

Mar

106

Jan

103

Apr

5

Jan

176%

Jan

45%

Apr

165 Va Mar

20

8%

8.3/8

500

Feb

19%

Jan

7%

Jan

9% Mar

Apr

5%

Jan

3% Mar

43%

75

41 %

4%

43%

8%

3%

Jan

Jan

23%

Jan

200

19

200

20%

128% 129

116

27

73/4
31%

5%

130 Vb Mar

Jan

1%

1%

4,4)0

1 Vb

26%

27%

1,300

25%

Apr

7%

73?

1,800

7%

Apr

31%

x31

200

31

1,200

5

3/a May

30% Mar
8%

300

15%

■

Jan

6 3/a

Feb

21% May

27%

Jan

4%

900

22%

22%

23

4.300

3%

3%

3%

21,700

2%

Jan

5%

5%

5%

2,700

4%

Jan

20 Va

19%

11,200

19%

Jan

1U

1%

a

':/'

12 % Mar

■

4,600
600

12

,12

111/4

.28%

28%

30%

2,900

21 %

20%

21%

"1.900

27

261/2

27%

29

29

29

1,500
100
800

3%

3%

1% May

Jan
Jan

19 %

Apr

24 Vb

Jan

28 3/4

Apr

26%

Jan

29 %

Feb

3% May

4%

Jan

2%

Jan

11%
24%

23%

24%

3,100

21

5%

5%
9 I :i

2%

I'!

„

138 '/a 139

21,000
1,880

J
Jan

10% May

2%

A

243/4

2,500

139

2

12 Va

2.209

200

16% May

33 V*

2%

■

Feb
Apr
Mar

Mar

26'

11%

2%

33/4
5 Va

23

10 % Mar

11

~2%

Feb

14% May

5

1%

Jan

7

17%

4%

20 3

Jan

33J/a Mar.

May

5%

5%

Feb

2

Apr

15%
—

1

5

17%

Jan

5%

54%

1
1

Jan

•

23%
28%

13%
12 3/8

14%

1%

*
100
*

Ltd
25o
Industries Inc
2
Research Corp
1
Rubber Machinery
10
Starch Products common
1
Steel Car Ltd
*
Transit common
4
1
Union Electric Corp
—30c
U S Radiator Corp wl
1

& Chem Co
Zinc
Mexico & Arizona Land
Park Mining Co

24% May

•"-/

/•

—

37%

9%

'A

10

Petroleum

Dominion Oil Ltd
New England Tel & Tel
New Haven Clock & Watch Co
4%%
convertible preferred

New

35

6%

4% Mar

■

Presto

Neptune Meter common
Nestle Le Mur Co common

20%

97%
6%

pfd—100

•
1

5%

May

8 A

Machinery

Fireman Manufacturing ▼ t e

11

9%

—

National

Apr

Gas

National Mfg & Stores common

May

19 Va

Jan
Jan

26%

&

Milling Co

National

Jan-

6%
3%

-

10
1

Corp

National

Jan

400
400

N

National

13 3/a

6%

.

5
common—2.50
Muskogee Co common
10
Muter Company common
50o

National

Illinois Zinc Co common

3%
29 Va

Ohio Mfg Co
Muskegon Piston Ring

Namm-Loeser's Inc
National Alfalfa Dehydrating

111/4 May

Jan

4%

X38

II 5/a

Murray

Nachman

13 Va May

Feb

9Va

/ 26% May

x76%

163A

100
4.80%
cumul preferred series B.100
4.50% preferred series C
100
Monroe Loan Society com class A
•
Montgomery Ward & Co class A
•
Moody Investors participation pfd—•
Morris Plan Corp of America
lOo
Mt Clemens Metal Products
1
8%
cumulative preferred
4
Mt Vernon-Woodberry Mills
2.50
Mountain States Tel & Tel
100
SMuntz TV Inc
1

x25

3Ve
9

14

4 Va

Hydro-Electric Securities
Hygrade Food Products

Jan

3%

2,700

14%

preferred

r

*

13%

X24:'.'t

Hardart Baking Co—

Ac

42

23,8

Inc

&

5%

6,700

Apr

8%

:

Jan

12 %

1,900
12,400

11

0to

Mar

Jan

20

800

13%

10%

9%
15

12%

1,200

76%

"2%

Monongahcla Power Co—
4.40%
cumulative preferred

23%

Hern

Corp

1%

4% Mar

5:,8

13%
26

12%

77

1
1

Ltd

700

31 %

Inc
Co common

Horn

(Can)

200

13%

1

(Geo A) & Co__

Hoxmel

Corp

4 3%

6%

13

Jan

63/4

73/8 Mar

14

*

common

Molybdenite

5

1,200

263/4

Products—
dlyidend shares

Abrasive

May

15%

Stores

Border's

60

25

Bellinger Consol Gold Mines

Hclophane

39% May

Jan

3/a

2

convertible preferred
(R) Si Co class A

Holly

Jan

55 %

44%

5% Mar

5,100

8

—

Hone Corp
States Petroleum common
1
Midland Oil Corp $1 conv preferred—*

1%

8 %

21 % May

Jan

5%

25%

Va

77

Middle

x4%

1%
Hoe

26%

13%

10c

Hlgbie Mfg Co common

Jan

200

60 '

2%

1

Holt & Co common
Heirules Steel Products
Henry

43/4

1,600

39%

42

10n

nrnforrpr

4of,

3/4

8

43

100

preferred

6%%

3/8

2

10c
•
5
25c
•
•
2

common

Jan

2

5

1
10c

Corp

Hazeltlne

x4%

2

Inc

38 %

3%

Feb

4%

7%

~63/4

1
2.50
1
10
1

Bumper Corp
Michigan Steel Tube

1%

1

Mfg Co.
Hathaway Bakeries Inc
Havana
Lithographing Co
Hastings

800

3%

59%

39%

1

Company.
Hartford Electric Light
Harvard Brewing Co
Organ

Hammond

33i

14%

5%

-

—

—

1
1
25o

Michigan

Miller

H
3%

1% Mar

8% Jan

5 Va May

6%

1

Co

Textile

Metal

common

4% %

Hah Lamp Co

1,700

Jan
Mar

lVa
7

6%

8
•
10
1

Micromatlc

209

133 Vb

—1

Mar

Mar

220

300

5%

Jan

4

1

Ltd

Petroleums

74%

28%

14 %

McWilliams

Jan

300

138 Va 140

.

88

850

181

_

Mar

60 V2

210

Company

/ '/ 57

Jan

'

„

21%

5%

10 3/4

£1
10
*

& Co common.

IA G)

MrKpp

Feb

1%

4% Mar

600

•

Massey-Harris-Ferguson Ltd
Mays (J W) Inc common
Mrnonnell
Aircraft r.nrn

493/4 Mar

8,800

13% May

2% May

10,400

'

Shovel

Power

Marlon

Apr

80

Jan

3,400

1

International Marine
Communication Co Ltd

Apr

50

25

113/8

Marconi

40

1 %

57 %

(when issued)

common

47

183% 187

GrifcBedieck

Feb

New

Mangel stores common
Manlschewltz (The B) Co

Dredging
Mead Johnson & Co
Menasco Mfg Co

84%'

24 % May

Apr

1,900

13%

Jan

19%

■

10
7

JrO

49

30%

„

15%

Greer

Feb

2%

<

21

59 %
''

5

1st

Jan

233/4

Jan

May

1,000

20

7%

__

50c

309

47

1%

1%

•

7%

May

Jan

1%

._1

Non-voting common stock

24

Jan

pfd._25

Inc

Jan

11%

80

80

4

common—

16% Mar

Mar

21

11%

43

■

15

2.20.)

1%

..50

Varnish
Manufacturing Co
&

...

—.

.20%

—1

Grand Rapids

Great

Jan

11/JO0

1%

_

Co

Manufacturing

Great

4%

18%

20%

'm

—

Graham-Paige Motors 5%
Gray

105%

1097/s May

Apr

173i,

12%

•

class A

Feb

Feb

24

__1

prior preferred
Consolidated Mines

Qorham

1,000

■

-ft Jan

11,300
2,500

1%

13

Corporation

Oil

Maine

xll% xl2%

17%

—1

V

ft

3/8 May

33/4

7%

25%

Public Service Co

Magna

22-%

24

—8

Goldfleld

Goodman

10% "

10%

10%

Feb

2% Mar

33/4 May

M

Feb

1%

Feb

4

5

600

1%

5%

2

Corp

Lynch

111%. Jan

3

2,600

Land

Jan

105%

—~

—

3%.

—

_—...

5% Jan
18%

"

•

S4.50

—

3*8

Apr

3 Va Mar

3%

38%

3

—

1
•

Lunkenhelmer

107%

'

.

'

Apr

42 %

100

2%

5%

1
1

Feb

108

Jan

16%

Feb

2,100

7 5/8

(The) Co
W'atch Co

Jan

Apr

Apr

14 % May

14%
421/2

1%

& Exploration
(The) Co

Lodge & Shipley
Louisiana

%

28 Va

121/4

•
*
5

Longlnes-Wittnauer

108%

■

3 3/4

x

Inc

Jan

Apr

9,100

__

.10

—

Corp

B—

8%

10% Mar

Apr

Jan

~2%

10

Chain

Steel

423/4

Mar

20%

13

19

1

...

Feb

'

Co—

Distilleries class Jb

Goochaux Sugars

"l%

1%

„

(Adolf)

Gobel

B

Class

Jan

16 %

;

__

common

Union Co Inc

Globe

Jan

19%:May

33 Va

4

300

•

Alden

-

6,300

16%

1 Va

Co

vjjtnmore

Feb

Liberty Fabrics of N Y
5%
cumulative preferred
Loblaw Grocet, .,<as claw A

105%

——

16%

4%

•

Glen

\

■■

.20
preferred
General Public Service $6 preferred1—•
—1
IGeneral Stores Corporation
•
Georgia Power $5 preferred
•
14.60
preferred
__1
Gerity Mich Corp
—
—1
Giant Yellowknlfe Gold Mines——

C)

Lp

—

convertible

O'ftddln? McBean A

Realty common
Tourneau (R G) Inc

Lefcourt

Feb

Mar

7ft

preferred

conv

9%

38%

100

(A

200

1,900

.10
—5

Fireproofing common
6% pfd

Gilbert

8%
39%

common

cum

3%

Jan

38%

_£1

dep rets ord reg
5% pfd (Del)

Finance

Gilchrist

Inc

5%

Locke

General Outdoor Adv

5%

Lear

Co
University

Extension

Salle

3%

Jan

50

600

19%

193/i

1
1
5
10
5
5
50c
A
250
1

Foundry

Lakey

Feb

Jan

2%

3
19

2%
19

-

700

23/4

2%

3

15% May

24%

21%

Mines Ltd

Lake Shore

6%

16

5%:May

2%

-

Corp

Feb

6% 1May

Jan

14 Vt

Apr

112

33/4 Mar

—

General Electric Co Ltd—

General

Apr

—

——

American

323/4

Jan

2,700

15%

14%

143/4

—1

6%

6

6%

—

General Builders Supply

General

' ■

.

—

—1

General Alloys Co
6%

27%
109 %

1,700
•

100

_

30%

29%

30

common

preferred
Geliman Mfg Co common
General Acceptance Corp

Jan

3/8

1

Apparel Inc

L'Aiglon

La

6%

Feb

11

3%

Company

Laclede-Christy

Lanston

Gatlnsau

11%

450

May

14% May

Feb

4

I

Co.

14%

18 % May

17% May

500

1,200

15

3%

3%

33VaO
20c
1

Forge Co
Oils Ltd
Brewing Co

573/4 Apr

18%

14%

~3%

7.50

Krueger

106% May

13

42%

5

Stores

Jan
Jan

„

14%

14%

1
1
1
10

Knott Hotels Corp

715

£1

reg

(Peter) Brewing__

Fuller

102% Jan
104%

13%

reg.il

receipts ord

ord

Apr

7%

5% Jan

900

»

__

Fort Pitt Brewing Co
Fox

5,000

118%

118

118

•

deposit

American

Kirkland

Apr

May

5

23/e

...400

34% Jan

233,200

23 %

14%,

50

Development Co
Lake G M Co Ltd
(I B) Rubber Co

24

21% Mar

1,400

2% Feb
2ft Mar

18

•

&

67/a

May

Co Ltd—

Ford Motor

Amer

10

■

5
53

4%
52

2.50

Co

&

Products

Oil

Kroy
•

CiAfla

500

Jan

l\l Jan

1%

123/4

*

107/a

4% Mar

G.5CO

6%

6%

6%

Ford Motor of Canada—
Class A

60

Jan

51 %

500

10%

Inc

Tiger Line

Flying

37,900

—2.50

Sterling

Firth

2 Va

4jiT

•

(Phlla)

Association

Fire

2%

—

Federated Petroleums Ltd

4%

1,700

2%

.250

Oils Ltd

Fargo

26% May

4% Mar

1,000

103 3A

4%
52

5

Lighting common
cumulative preferred

28%

28

28%

1

&

9

ziiS

-1

Kings County
Palrchlld Camera Si Instrument.

Feb

4%

2

10c
150

Inc

Key Co common
Kldde
(Walter)

Feb

37%

5%

4%
2

1

common

Electric 4%?# pfd—100
Kawneer Co (Del)
5
New common
(when issued)
5

Jan

Apr

Jan

Inc.lo

1%

Kansas Gas &

J an

%

17

—

Jan

2%

1%

1%

Corp.

Motors

Kaiser

53A Mar

Jan

2%

Apr '1

IV*

1%

K

Y« Jan

1

1,800

.10

Eureka Pipe Line common.

4%

400

15,700

1ft

Apr

1%

1%

Inc

Jan

3%

5%

450

ft
il?

Co

O'Mahoney
Jupiter Oils Ltd

Jerry

Apr

1%

7,500

1,000

J

Glass

Jeannette

Jan

23

105 % Mar

7%

5

1

1%

.11 or 25o

Ltd.

Warrants

x20% May

Jan

18%

45

5

5

1

Inc

44%

Jan

13 Va May

14,300

4%

4

4 Vb

44%

16 %

102%

Jan

8,500

5%

1

.

10O

20

20

17% Apr

1,200

8VB.

8

——

Jan

7%

4%

10c

Israel-Mediterranean Petrol Corp

!pr

12

50

105

104

_10c

preferred

Eureka Corporation

12,500

15%

f

common

convertible

92

30 %

14%

13%

1

Empire Millwork Corp.
Bmsco Manufacturing Co

29%

14%
20

32

4% May

5%

Corp

Oil

Israel-American

1
High

Low

High

Low

since Jan.

Range

Shares

of Prices

Sale Price

Irving Air Chute

Jan

%

26% Mar

30%

pfd— .100

Electric 5%

Empire District

15%

3/4

for Week

Range

Last

Par

16% May

16%

Sales

Week's

Friday

High

r.otr

1
S
1
1
1

Mines Limited

Elder

<

American Stock Exchange

since Jan. 1

Range

Hiah

Lnw

*

Machine class B

Easy Washing

Shares

"

Pa"

VY

■

STOCKS

for Week

Last

27

Sales

Week's

Friday

EXCHANGE

WEEK ENDED MAY

FOR

RANGE

Feb

4% Mar

2ft J an
Mar

131

*4% Feb
113/4

Apr

263/a Mar

7-%

Jan

3% Mar

Feb

145

33/4

3%

3%

5,100

2%

Apr

3% May

13%

13%

13%

2.300

8%

Apr

13% May
Mar

5

4%

4%

4%

58,600

3% Mar

44%

43%

4434

8,100

40% Mar

48%

27%

18,800

12% Mar

27 % May

26

23%

3

3

75

3%
75

11,700

58
2

Apr

Jan

2%

25

4

78

Va

Jan
Jan

Apr

ft May

3ft Apr

Jan

133/a May

210

2%

800

13%

13%

200

10 %

453/8

46%

750

40

Jan

10%

11%

1,200

10

Mar

48

Jan

11% May

-10

The Commercial and Financial Chronicle

(2496)

Monday, May 30, 1955

...

AMERICAN STOCK EXCHANGE
RANGE

Frliay
STOCKS
American Stock Exchange

5

Nlles-Bement Pond

of Prices

Low

Par

•

Shares

Low

,18%

300

17

i

...

Norden-Ketay Corp
North American

43

2%

X

7 Vb

7

7"/8

2,800

6%

14

14 %

9,500

13% May

14

10c

————

Vb

x*4

2

it!

48%

preferred_50

Rayon $3

North Canadian Oils Ltd
North Central Texas Oil

~414

28

9,20d

i7fi

35%

Jan

14,uU0

2%

Jan

48%

41'«

'

lli

300

8

7%

8 %

1,400

.50

Feb

9% Mar
Feb

49 Va Mar

Feb

6 % Mar

pfd—100

101'A

100% 101%

200

94

99

Jan

104

Jan

4%

May

Jan

1,600

4Vb

Jan

5% May

1%

1%

1%

19,800

IV2

Jan

3'/a

Feb

11%

11 %

11%

600

11%

Jan

20o

13'/2

Jan

9-%

6,800

8 %

May

13%

Feb

Mar

25

Apr

12Vb

Jan

Blcks

25

Canada

of

Oil

Company

1

3%

3%

3%

800

50c

common

9'/8

9

9 %

5,400

Ohio Brass Co class B common——•
Ohio Power 4%s
preferred
100
Okalta

Oils

Ltd

Company common
Old Town Corp common—...
40c cumulative

74%

54%
108 %

1%

3,100

74%

76%

573

1%

10%

Jan

Apr

61

Jan

112

Apr
Jan

Mar

Apr

IB Feb

Jan

71

84% Mar

—_1

6%

0%

900

6% May

8%

Jan

„—7

6 %

6%

500

6%

Jan

6%

Apr

Television

5%

6%

3,100

4%

Jan

7%

Apr

Inc

1

8%

——...——1

Securities

20

Feb

73%

20%
74%

23%

74%

l.loJ

65%

Jan

82

Feb

23 Va

/

O'okiep Copper Co Ltd Amer shares.lOs
Overseas

600

"1^8

23

preferred

&

60

loo"/4 1-id

90o

Okonlte

Olympic Radio
Omar Inc

59%

4% Mar

3% May
6%

22%

2u %

500

18 %

J an

23% Mar

—

1

.

50

20

May

Class

B

—

Co

Manufacturing

common
Coast Corp common
South Penn Oil Co common
common

36 %

35%

36 V4

2,000

—23

32 Va

32%

321/2

$4.40 dividend

$4.75

cum

dividend

&

28%

Oil

106 %

105% 1061/4

common

10%

11%

34,100

109 V2

108 %

109%

200

"l%

"l%

24,500

1%

Amer share—1 Bol

33,900

1 %

5%

5%

6 Vb

11,400

1

*5%

5%
16'A

17

16 '/b

15%

16%

2

2

7%

7%

1

7V»

7'/4

5%

_5%

100
300

1,800

7%

2,400

7%

500

5%

100

5

Jan

2

Jan

Jan

2%

Jan

Jan

8%

Jan

Jan

62'A

Apr

6%

Jan

24 %

Jan

8%

Apr

9%

Jan

6

Feb

17

16%

17

7,500

5%
16%

Jan

18% Mar

•

48'%

48 %

48%

3,800

45% Mar

4%

4 %

100

4% Jan

48% May
4V2 Mar

Jan

67%

68%

600

65%

Apr

22

2.50

22

100

18

Jan

3

212

3 i'u

9,500

6

6%

1,300

6

4

10c

4

4%

15 %

16 %

1

x71%

2,400

16'A

700

3% Mar
9%

May

4

Feb

23 % May

111

6%

.1

4%

May

15% May

20

Jan
Jan
Jan

Amer shares—10s
1

common

common

Power Corp of Canada
Pratt & Lambert Co

2

--

2

1,000

9%

9

1

25o

97

8,800

5%
78%

24

Jan

common

1

Mines Ltd

9% May
103

May

21

May

7%

800

7

May

4%

900

Jan

4%

Apr

27%

Jan

30%

Apr

3%

»

3,300

7

4

--

3%

1,100

3%

Jan

x4%

6%

34

35%

2,400

36

36

4.32%

25
25

cumulative

convertible

Southern

Pipe

Southland

Spencer

2

Inc

Oh

Power

Common

Standard

&

class

Standard

Tube

Starrett

8

3%

27% Jan
9%

Feb

of

Steel

Parts

Stein

(A)

Stetson

32%

Apr

5%

5%

5%

2,800

4%

Jan

bJ/8 Mar

8°,4

8%

8%

300

8%

Feb

9%

Feb

7%

7 %

100

8 %

Jan

34%

34%

35 %

4,700

56

55%

56

130

44%

44%

100

41 %

3% Mar

41%

Reda
Reis

38%

1,200

25% Mar

28'A May

24 Va

400

24% May

26

17 Vb

17 Va

700

16

Jan

22%

5

17%

1,700

26 Vb

Jan

6

Apr

58

65

Jan

69

Apr

700

4% May

6

Jan

4% Feb
"-£% Jan

3,200

20

25%

24%

25%

300

23%

Jan

15VB

1,300

13%

Jan

14%

Jan
Jan

61

Jan

31%

Apr

Jan

36'A

Apr

18

Jan

17%

Jan

3,700

16%

16%

16%

1

32

31'A

32 Va

8 Va

Reiter-Foster

.

Corp

to

800

3%

1,600

5%

5%

5%

200

17%

Jan

20V4

Apr

16%

16%

16%

600

14

Jan

18%

Apr

12%

12%

12%

300

10%

Jan

13V4 May

3%

Jan

4 'A

Jan

3%

3%

6%

3%

3,000

7

98,400

34

100

5%
34
25

26'A

39%

40
21

1,100

3%

4

15,700

8%

10

1,600

3

25

1,000

24

36 %

Jan

8
1
•

Swan Finch Oil Corp

300

11% Mar

12% May

Tampa

18%

3,400

17% May

19

Technicolor

8%

21

3%

5,800

Talon

May

Inc

Class

Feb

5/;j Jan

9B Feb
2%

Apr

class

B

1

11

A

9'A

125

100

Mar

106%

Apr

50 %

51%

500

44

Jan

52

16%

i6%

16;%

500

15%

Apr

16%

4%

4

25

24

29

28 %

29

550

26

41

Feb

May

26%

Rotary Electric Steel
Rowe

(The)

Russell
New

100

36

3,700

12%

12%

200

Jan

29

Jan

9%

23%

Jan

25

30

Jan

36 %

10%

Jan

May

Apr

Power

Thew

Shovel

7

common

_1

common

&

Light $4.56

Co

pfd

18%

18%

300

1%

1%

3,000

12

9,900

,37 %

700

11%

3,800

%

Co

Fifth

16%
1

10%

Jan

24

Jan

%
37

1%

Jan

1,400

11 Vb

Jan

16% May

900

23%

Feb

15 Vu

15

15%

8,900

3IV4 May
16% Mar

•

Thompson-Starrett Co Inc

.10c

5%

.10

Thor

Corporation

Thnrofare
New

Tllo

common

.20

Inc—

.250

Markets

common

Rooling

Inc

1

1
Realty & Construction—
Tobacco Security Trust Co Ltd—
Amer deposit rets ord registered. —£1
Amer deposit rets def registered. _5a
Todd Shipyard Corp common
.20

(The

F

C>

common

Corp

70c

Jan
Mar

Feb

Empire

Temper

Truns

4 Vb Mar

5%

2,500

12% Mar

16%

20%

21%

2,900

14%

21% May

20%

20%

20,500

21%

40 Vb Mar

—

11%

10%

'

500

14%

Feb

Ulen

Feb

68

Jan

Unexcened

Chemical
of

Feb

8%

Apr

Union

Investment

3

2,500

2%

Jan

27/8

2,000

11%

10

30%

29%

30'%

15%

600

of

Mar

11%

4.300

27%

15%

1,500

6,400

10%

9%
38

8%

9%

14.400

Elastic

United

Milk

Molasses Co

Amer

J

Porducts

Lawrence

Corp Ltd

common..

1

Carlos

Milling Co Ltd
Diego Gas & Electric Co—
Cum pfd 5% series
Cum pfd 4V2V0 series

8

San

20
20

Cum

&

registered

Canal

6% Mar

Jan

23 Vb

8% May

Feb

9% May

United
U 8

Savoy Oil Inc
Sayre

,

U 8

and

6 Vb Mar

TT

Rubber

7%

1,900

6%

Jan

8%

United

Feb

Jan

common

U S Foil class B

Jan

23 %

3,700

65 % Mar

100

11% May

78% May
13% Jan

100

22%

23%

&

Schick

Fisher

Brick

Co

„

Seaboard

common

Western

24 Vb

_x
•

7%

100

21 Va Mar

21%

Apr

756,600

3% Mar

5^

Feb

6%

Apr

8%

Feb

"%

Jan




8%

12,700
2,300

20

Jan

6,100

23

Jan

26

28%

III
11%

•

6%

26

1
.1

8 Vu

22%

50c
'

4||-

21

—

—>

1%
11

3%
xl5%

2,800

138

12,200

IVb

12%

10,000

7

500

3%

Feb

4%

jan

11

10

May

14 VB

Jan

11%

49,800

4%

5

5%

S

Reclaiming

Co

Vitamin

Stores

4%

600

5%

7,700

45%

600

9%

9%

100

31/2

41/2

May
Jan

Jan

29%

Apr

29

Apr

Corp

5

May

7%

_7

~7%

Corp—

common

8%

Products

Jan

10 »/4 Mar

Jan

37 Va

1,800
,

6V2

Jan

600

35V2

Jan

7V2

.

37

Feb

•

10«

5^ Feb

—

102

9»A
40

91/2

Feb

Fel?
Apr
Feb
Feb

Jan

230

45

4.)%

19.400

46

May

54% Mar

38 !A

230

37

Mar

40%

Jan

13

2%

13

200

11 Vb

Jan

15%

Apr

31/2

Jan

139

16 Va

2%

2%

%

15%

5 Va

25c

11,000

12% Mar

500

16 %

1% Mar

2

12%

5%

common

Sugar

11

1,400

5 V8

800

2

63%

38%.

37%

.10

30%

30

3%

3%

2%

11/4 Mar
9

141

Mar

May

16% Mar
2%

Jan

May

13%

Apr

Jan

5%

Apr

1%

Jan

300

651/4

Apr

73

33>/4

100

28%

Jan

38 V4 May

30 %

250

25 % Mar

3%

4,600

6%

300

2%

10

Jan

2% May
90% Jan

9.300

12VB

1
50c

Jan

7,503

128% 141
2

1

8

Co

Feb
Mar

300

5%

1

•

5%
239

"%

38'A

47%

25
10c

Jan

"%

xo

Insurance

Universal

6 V4

47%

85%

9%

800

71
'

Universal

Feb

Jan

Apr

41

100

1

International Securities

States

4%

5%
44%

10c

Jan

15% May

$4

common.

convertible

6%

preferred

5

Steel

•

Van

warrants

28% May

Jan

200

60O

Valspar Corp

Vanadium-Alloys

8% Apr
28% Mar

Jan

3%

3%
16

4

105

.

,

31/4

Feb

2% Mar

32

Jan

Apr

3%

Jan

71/4

Jan

Jan

3%

21

Co Ltd

Inc

21%

Jan

4

Jan

Apr

22

«...

8

Airlines

Securities Corp General
Bros

.1

I—II

Scurry-Rainbow Oil

4\h

Jan

20% Mar

■■

21 %

1

250

Inc

Scullin Steel Co

Seeman

20

(Del)

2%

4

100

Conditioning Corp

Utah-Idaho
"

„

2%

Apr

99

10

Specialties

Air

Jan

50 %

Sharing

preferred

3%

——

Jan

1%

25

10%

28 %

.

pf-d 4.40% series
Sapphire Petroleums Ltd

2V4

1,700

United Shoe Machinery common
Preferred

600

12

1,400

1 IB

Jan

4,600

12

Apr

6% May

Ltd—

American Corn
Universal Consolidated Oil

——

Jan

Feb
Mar

2%

Jan

5

76%

4%

71/4
1%
69

1%

23

38

73%

Jan

2%

20
common

ord

rets
RR

Profit

4%

76%

Jan

56%

1 %

common_50o

Corp

Universal
St

1-/ii

200

Apr
Feb

Apr

~2%

common

Umied

San

3.300

12'/a

1

...—4
Omaha

Products

dep

United N

35%

4%

Feb

1%
62%

1%
62

.100

United

7%

...

Ryan Consolidated Petroleum—
Ryerson & Haynes common

%

25V4
31

11,800

14 %

May

17

Jan

Mar

6%

15%

Apr

.1.23

,

9Va

26

—

x6%

35% May
33 Vb Apr

Apr
13% Mar

12

Aircraft

United

Apr

12% May
24% Jan

Jan

5 %

xl5

United

98

21% Mar
20

2OV2 May

4.400

--

.—

6%
I

62%

•

Co

Jan

3%

Feb

Corp

Canada

3 % Mar

2% May

2,900

.

Apr
Apr

6%

1

Management Company

4%

Company—
uo

Jan

1,200

22

—.

74

Apr

u

45%

Jan

8'A

35%

Feb

1% Mar

May

Gas

21%

20% Mar

5%

191/2 Mar

10%

92%

Mar

35% May

16%

Corp

Union

350

112

5%

Inc

Apr

97

Jan

25

preferred

Ltd

Oils

Trans Lux Corp
Trl-Continental warrants
True

Jan

II

Tonopah Mining of Nevada
Trans

15

.1.25

Toledo Edison 4%%

8%

31%

—

Ryan Aeronautical

Oil

231/4

18% May

15%

,25c

:

Jan

13% May
109% May

1,600

Apr

May

11%

2,300

Jan

2%

May

3,100

17%

4%

94

12

Jan
Mar

15%

32%

1,800

1

common..—

Apr

May

17%

16 Va

6%

35

Ltd

Ave

4%
10

22%

31 %

31

6 Va

.10

Co

Apr

15'/b

16%

2%

5

Mar

Jan

30 %

31

7%

.£1
3

7

15%

Jan

43% Mar

16%

_B

Corp

United
—

30%
23%

3% May

609

—%

common

Chemical

Apr

13% Mar

9% Mar

11

Corp common

Oil

Russeks

25

35

Ltd—

dep rets ord reg
Rome Cable Corp common
Roosevelt Field Inc.

Royalite

7
25

37

American

Jan

May

31

3

Co

Inc

Texas

Jan

2%

37 %

17%

common

common

Electric

10% Mar

1

23% Mar
20

Jan

May

Feb

100

May

Feb

Union Stock Yards

pld F

Feb

8% Mar

oVe

12%

lo

1965

4%
36

52

5,400

3

Feb

36 Va May
3^8 Jan

10%

1

8

1,500

10'A

>

Jan

26% Mar

100

20%

25%

3%

3,600

60 %

102% 104

"

Jan

4'A

Thlokol

8

Jan

4%

49% May

40 Va

43 % May

~6%

Jan

39'A

Feb

1

7Va

Jan

40

Feb

50c

3Va
43

•

common

55

Jan

Mar

5'A

3%

•

60

11%

Corp) vtc

Royce

5

5 Vb

~3%

•

17%

Jan

•

Vtc extended

9% May

17

Jan

37%

Radiator..

Rochester Gas & Elec 4%
Rolls

32% May

Jan

9%

Jan

1

Rico Argentine
Mining Co
Rio GTande Valley Gas Co—

(Texas

Jan

6%

17%

6%

5

Inc

Richmond

14%

4,200

1

1%

'-'1%

16

4,200

9

•

52

50c

Reliance Eiectric &
Engineering
Remington Arms Co Inc——
Rlce-Stix

500

May
May

Apr
Feb

250

15%

1

16

5 %

—1

3,000

1

Co

Oil

30%

8 Vb

1

Ray Drug common
Supermarkets Corp
Superior Portland Cement Inc
Superior Tool & Die Co

12,700

lOo

Pump Co
&

26'A

300

5,300

8

•

1

Apr

1%
53 Va

16 7

B

16%

9,200
1,400

33

ordinary

Mar

4 Vb

29 Vb

1

26

57%

32%

—

Apr
Jan

6%

3%
27%

Corp

6 V2

55 %

16%

Co

Feb

Jan

1,500

_5%

4

Apr

4%

5%

1

43%

66'A

4%

16%

Sunrise

28,300

35%

Jan

Apr
46'A May

Sun

2%

x51

57% May
28%

Jan

41%

28%

Corp

B)

Jan
Jan

(Hugo) Corp
Stop & Shop Inc
Btroock (8)
& Co common
Stylon Corporation

71 Si

10%

49%
41%

5%

1

4S %

6.23

(Robert)

37 V* Mar

25%

4%

Corporation

250

1

Preferred

May

24%

65%

& Co common

10,300
100

7%

10

common

Jan

1

B

Canada

(J

Toklan

Reading Tube Corp

4 Vb Mar

40 %

7% May
32

Apr

27 Va

1
10

Stlnnes

43 %

•

Jan

7,300

8 Vb

-•

Sterling Aluminum Products common.5
Sterling Brewers Inc
1
Sterling Inc
1
Sterling Frecision Instrument
lOo

57

R
Railway & Utility Investment A
Packing Co common
Raymond Concrete Pile common

Feb

45

40%

common—_1

Light

class

(The)

Co

60

•

Rath

21%

38%

Tishman

Quebec Power Co—

Mar

11 Vb

40%

xil

Products

Steel

2%

10

37

Jan

35

600

2,400

50o

iKy;

Standard-Thomson

36%

1

Jan

18 % May
37
May

100

May

10%

70c convertible preferred

Pyle-National Co common
Pyrene Manufacturing

Apr

6% Mar
47

18%

1

Standard Packaging Corp
Convertible preferred
Standard

2%

•

38

Jan

30 % May

18%

8

Standard Industries Inc

17%

100
com

Jan

Jan

5

1

Royalty Co
Corp

Btanuara

43 %

•

%

33 %

-

25% May

18%

25

Shoe

12%
712

Co

25
25

Line

Btahl-Meyer Inc
Standard Dredging Corp common
$1.60 convertible preferred
Standard Forglngs Corp

56%

17%

preferred

Materials

Bouthern

60

1

Gas

Public Service of Colorado—
4 % % cumulative
preferred
Puget Sound Pulp & Timber

Jan

10%
,

25

cumulative

4.48%

1

Prosperity Co

Jan

291/4 May
38 % Mar

30

__

6%

.—1
12.50

49'A

8,700

-

f

£1
•
1
1

preferred
preferred
preference
convertible preference
cumulative preferred

•

Producers Corp of Nevada
class B__

6

400
.

34

Feb

46% May
20% Jan

2,200

Feb

106%

Feb

7%

8

—-

2.50

America

Jan

4%

-~

•

—•

2%

Jan

3,550

103

22%

23-;4

2.50

common

Mar

,

10

Polaris Mining Co——...
Powdrell & Alexander common

20

4.08%

Apr

25% Jan

16% May
15% May
6% Jan
6% May

1

•

East Dome

13

May

5%
59

1

Jan

110% May
70 Vb Jan

67 % Mar

10,800

1%

Piper Aircraft Corp

lOfcVa

106% May
3 Vb Feb

Jan

"l%

Corp

106 'A May

Apr

10% May
104

Vu

Pittsburgh & Lake Erie
50
Pittsburgh Metallurgical common__2.50
Pittsburgh Railways Co—
—•
Pleasant Valley Wine Co
1

Providence

2%

1

Pioneer Gold Mines Ltd

Preston

Jan

2%

1%

Ltd

of

2

11 Vb

Pierce Governor common

Metals

Jan

102% Mar

—lc

Minerals...

Pressed

104%

-•

,

Corp

Prentice-Hall Inc

101 Va

130

100

Phillips Packing Co
Phillips Screw Co

i

110

105% 106%

2%

2

Pneumatic Scale

410

103% 103%

105%

1

pfd

Mar

original

4.56%

Feb

Apr

•

5%

4.88%

Feb

29 Vb

27%

Water & Power Co

Johnson

29

Jan

26

Pep Boys (The)
1
Pepperell Manufacturing Co (Mass)—20

Plnchin

Jan

277A

803

2.50

&

27%

900

•

Co

Oils

2,100

27 '/4

Patlcan Co Ltd—

Peruvian

400

28:%

28%

27

•

Pennroad Corp common

Circle

30%

28

Apr

Parkersburg-Aetna Corp

Perfect

32 V2

Apr
Jan

29%

Chemical Company
Parker Pen Co class A
Class B

Penn

34%

Feb

25

vtc

Pantepec Oil (C A)
Paramount Motors

Traffic

Apr

29

27% Mar

Park

Penn

31%

100

Pancoastal Petroleum (C A) vtc—2 Bol
Israel

200

1

Light 5%

Page-Hersey Tubes
Pan

Apr

2ci%

Petroleums Ltd
Power

37%

28%

Airlines

Pacific

Feb

Jan

23

preferred

Pacific

28%

35

28

—

23

preferred—.

Northern

30

23

preferred

Pacific

25% Mar

23

5% redeemable 1st preferred
5% redeemable 1st pfd series A
4.80% red 1st preferred.
4.50% red 1st pfd
Pacific Lighting $4.50

31%

117%

Jan

28

25%

30%

31 %

60 V2 May

Jan

104%

Bouthern California Edison—

1
1st pfd—.28

Pacific Gas & Electric
6%
5%% 1st preferred
5%
1st preferred

•
1
•

Mar

100

,

PUDiicauons—

preferred

Pattern common
Ltd common——

South

Pacific Can Co

8% May
52 Vb Mar

__

1

Blnger Manufacturing Co
Blnger Manufacturing Co Ltd—
Amer dep rets ord registered
Smith (Howard)
Paper Mills
Sonotone
Corp
Boss

1,800

2

—

convertible

Simpson's

3,100

—

•

Blmmona-Boardman
S3

59%

59 VB

X25%

Simca American Shares———5000 fr

Simplicity

2,200

—

2

common

22

—

9%

102% 105 Va

105

•

Ltd

Breweries

Bllex

x9 %

•

Signal OU & Gas Co class A
Oceanic

59 ",4

-190

America class A

Corp of

9 %

•

common

17

'

#

preferred

Shoe

Ogden Corp

8V4 .10

•

Mining
Water & Power

Bherwln-Wllllam8

High

11%

5%

lOo
1

Inc

Bherwin-Williams

Mar

Low
200

5V4

Denn

Bhawlnlgan

88

11%

12

—

Bhattuck

Range since Jan. 1

High

5%

common

Apr

8%

Jan

eLather

Feb

28%

Jan

5%

Bervomechanlsms
Seton

Shares

1

common

Safety
Control
Corp class B

Bentry
Berrlck

19%

Corp

for Week

Low

12.50

Co.

Raoio

benunei

Sale*

Range

Sale Price
Par

Belby Shoe

3% Mar

Jan

4%
26

*—1

Northern Ind Pub Serv 4Vk%

Mar

44%

Jan

45

14,200

8

Northeast Airlines
North Penn RR Co.

19

Week'e

of Prices

Last

American Slock Exchange

1

High

Mar

1

Mines.—

Noma Lites Inc

H

Friday
since Jan.

45%

—

WEEK ENDED MAY

STOCKS

Range

High

18%

FOR

Sales

for Week

Range

Sale Price

Niagara Share Corp common

Nlpissing

Week'a

Last

Venezuela

3^

Feb
12% May
„

4% May
18% Jan

Norman

Venezuelan

Co

Co

Petroleum

Syndicate Inc
Corporation
Virginia Iron Coal & Coke Co
Vogt Manufacturing
Vinco

Vulcan

Silver-Lead

Corp

90

90

10

~4%
1

6Vb

Apr

4%

1%

46%

45%

l.lOO

87 %

Apr

94%

27

90

Jan

31 % May

3% May

Jan

5

Mar

49

May

46%

1,400

20c

6%

6%

6%

5,300

4%

Jan

6% May

1

4%

4%

5

1,300

4%

Jan

6 Vb

23%

24

450

23% May

29V4

15

15%

209

15

May

li34

I'eb

4 VB

2.500

3% May

5%

Jan

10

24

*
1

4

3%

,

25

Jan

Feb

Jan

Number 5433

181

Volume

.

The Commercial and Financial Chronicle

.

.

(2497)

AMERICAN STOCK EXCHANGE
RANGE

Friday
Sale Price

Par

Aircraft

Wagner
7%

BONDS

Shares

American

Range since Jan. 1

ctfs

5

ext

$2

cumulative

Wallace
Waltham
Ward

Wasatch Corp
Webb & Knapp
series

Texas

West

Western

1%

1%
5%

29'/2

2 Mb

2'/«

Weyenberg

*

144 %

L25

3Mi

White's
51/2%

Auto

Wichita

(Wm)

River

Wickes

(The)

Williams

Wilrich

Wood

Pwr

(P

American
6%

12,000

16 '/a

17 'A

1,150

Jan

46

14

Jan

650

18%

Jan

33

150

30

Jan

35

1314

13%

2,000

10

Jan

14 ¥2

30'A

150

24 ¥4

Jan

32

Low

High

Jan

2 ¥2

57/a

Jan

14%

13 ¥4

14%

2,400

7%

7%

50

%

22,000

3'/4

600

*

Ltd

5/a

1

15%

107 ¥2

Feb

17 ¥2

63

66

63

25

75

Jan

39

1,000

May
May

500

£1
x2

i'o

Week's Range
or Friday's

Friday
Stock

Interest

Last

Period

Exchange

6 ¥4

6%

6%

6 ¥4

7

■

Sale Price

Bid & Asked

LOW

High

¥4

8

4¥s

8

4

89

bonds

Bonds
10

First

Second

10

65

Indus¬

Grade

Grade

Util¬

40

Stocks

trials

Rails

Rails

ities

Bonds

157.12

98.39

§10.1.26

101.03

98.46

101.21

Rail¬

Util¬

roads

ities

•

Total

,

156.72

419.72

63.77

'

Total

98.23

v

99.72

,422.89

157.41

93.91

158.02

101.00

98.20

99.71

"420.32

155.59

63.75

♦156.82

98.40

101.15

101.09

98.20

99.71

420.39

155.84

63.89

156.97

98.40

101.23

100.90

98.22

99.69

25

421.77

157.61

63.78

157.72

98.54

101.19

101.10

98.25

99.77

May

26

424.95

158.90

63.82

158.75

93.50

101.25

101.08

98.23

99.76

20

3 ¥2 Mar

2ft Feb

-

..

23
24

Jan

Jan

.

_

computed by dividing total prices by the following: Industrials, 5.62; Rails, 8.34;
Utilities, 12.06; 65 stocks 28.24.
♦The averages for the 30 industrial stocks and for the 65 stock composite average give effect
Bonds

Range sine*

to

Jan. 1

Sold

Low

NO.

Appalachian Elec Power 3y<s 1970

_June-Deo

Bethlehem

_Quar-Feb

tl46

150

97

97 ¥s

13

96

91

17

90%

Co.

of two additional common shares for each share

the divisor for the 30 industrials to 5.62 from 5.76 and that for the 65 stocks

28.60.

gCorrected

¥2 100

90%

from

Products Refining

by Corn

This changed

28.24

figure.

150

-June-Dec

are

distribution

the

held.
to

High

101% 104%

9

102 ¥2 103 Va

103 ¥a

54 ¥4

37

35
125

10

15

19

Averages

BONDS

36%

6%

—

trials

May

9%

2

6,500

2 1s,

42

48

May

Mar

7]% Mar
3¥2 Mar

~2¥s

*35%

Jan-July

20

Date

May

May

Ltd

2012—Jan-July

Indus¬

19 ¥a Mar

15% Jan

100

81'

8ft

812

42

10

Apr

17 Va

102

41

54 ¥4

Stocks

104
19%

2

8

2s

1919

30

Jan

99 ¥2

—

Jan

50

2

„

53 %

54 ¥4

Jan-July

Apr
Apr

25

5a

Mmm

*41

—

the New York Stock Exchange as compiled by Dow, Jones & Co.:

on

3%

25

receipts

Mar-Sept

•

—

99 ¥2

the daily closing averages of representative stocks and

are

16%

20

common

listed

Ltd—

deposit

—

99%

Stock and Bond Averages
Below

Jan

104

Inc

IS

i75 Mar
2% Mar

104

Machine

*67

June-Dec

par

12 ¥4

100

pfd

*65

June-Dec

1921

125

1

4 ¥2%

Lt

6¥2s

16

3

1

25

Feb

6%

Feb

147/a May
10% Mar

12 Va Mar

April-Oct

June-Dec

Government

Apr

¥2 May

5

*65

—

Apr

1¥2
4

May-Nov

1947

Apr

29%

131/4

900

Co

Mar

20

25

common

American

Jan. 1

No.

_

19%

19%

4%

Hargreaves

Range since

Sold

High

value, a Deferred delivery transaction (not included in year's range), d Ex-interest.
(not included in year's range),
f Ex-distribution,
g Ex-stock dividend,
h ExnUnder-the-rule transaction (not included in year's range),
rTransaction for cash
(not included in year's range),
x Ex-dividend,
y Ex-rights,
z Ex-liquidating dividend.
tFriday's bid and asked prices; no sales being transacted during current week.
A Bonds being traded flat.
;T: § Reported in receivership.
Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v" non-voting stock; "v t c," voting-trust certificates;
"w i," when issued; "w w," with warrants; "x w," without warrants.

Mar

33

1

1927)

1947

3s Jan 1 1997
stmpd (Plan A)

Janeiro

♦No

Apr
20% Feb

19%

preference

Wright

A

4%

W)

Bonds

Friday's

principal.

%Mar

A Jan

'A

4%

Petroleum

Woolworth

or

Bid & Asked

©Odd-lot transaction

6% May
224

Jan

186

20

de

A5%s

105 ¥4 May

4J3 Feb

23,700

212

1

&

Sale Price

Mar

4 ¥4 Mar

Jan
Feb

(Republic of)

ARussian

'

1

preferred

Industries

Wodley

3 ¥2

1

Newspaper

Woodall

360

Rio

3¥s Mar

37%

preferred

Wisconsin

67/a

6,06

171/8

Inc

&

Brothers

5%

158

1,200

Corp

C)

Feb

Jan

May 1927)

Sinking fund

Feb

139

Co

&

Petroleums

Wilson

3%

212

-20

Corp

(R

145%

30,600
'*

Issue of Oct

Peru

Apr

37

102 ¥2

—10

Oil

2%

11%

1%

com.

Mfg

convertible

Whitman

21/4

3%

..IS

shares

Stores

31

143

6}?,

Inc

Shoe

Jan

5% May

450

pfd_ .100

Western Tablet & Stationery
Westmoreland Coal

Jan

1,300

Ltd

dep rets ord

Jan

26%

11,400

5'/2

_

4.40%

24

17% Jan
1
Jan

1%

-10c

Leaseholds

Last

Period

AMortgage Bank of Chile 6s 1931
Mortgage Bank of Denmark 5s 1972
Parana stamped (Plan A) 2¥as 2008

4% Jan

22% Mar

300

241/4

(issue of

A7s

Feb
Apr

5%

Inc

Utilities

Westmoreland

5%
109%

Jan

17 ¥2 May

Western Maryland Ry 7% 1st pfd _100
Western Stockholders Invest Ltd—
Amer

Jan

Jan

29 Mi

preference
Manufacturing

Wentworth

5

3 ¥2

1

common

A7s

Feb

105 v2

[40c

Co

8%

May

80

1,500

3%

23 ¥2

1

Inc

Baking Co warrants

$6

3%

5

._30

preferred

Watch

Week's Range

Interest

Exchange

Low

1,500

5 »/2

109% 109%

~3%

1

-

Tiernan

&

5 V2

Mi

.100
Inc

900

5 J/2

5'/a

voting

Bond

Stock

High

Low

High

Lots

Co

Baking

&

27

Mortgage Bank of Bogota—

preferred

Waitt

MAY

for Week

w
Waco

ENDED

Friday

Range
of Prices

Last

STOCKS
American Stock Exchange

WEEK

FOR

Sales

Week's

Boston

Steel

Edison

6s

Aug 1 1998

2%s

series

1970

A

Chicago Transit Authority 3%s

Jan-July

1978

155

Over-the-Gounter Industrial Stock Averages

92%

Delaware Lack & Western RR—
1st

mortgage 4s

A 1st

Eastern

mortgage

Gas

series

3 ¥28

Marrelli

Elec

B

74

97%

1956

9

98

*101

73 ¥4

2

66 ¥2

97%

May

—Jan-July
—Mar-Sept

76 ¥2

66

—Jfay-Nov

1993

1965

Elmira Water Lt & RR 5s
Ercole

1993

series A

4s

Fuel

&

64

81
72

9 3 ¥2

11

101

104

Date—
Mon.

—May-Noo

*105

A6M2S

__May-Noo

*25

Nov

ex

1

Finland Residential Mtge Bank 5s 1961

Flying Tiger Line 5 ¥28
AGesfuerel 6s debs

Guantanamo

debs

conv

1953
RR

4s

1970

A 7s

Nov

ex

1

1940 coupon

1947

1

England

Nippon

due

1953

Power

1st

13b

*146

Mar-Not)

138%

97¥a

97

98

*92 ¥2

Jan-July
April-Oct

—

*100

104%

Non-Durable

100%

102

104

103%

Trade,

ex

Oct

Oct

1

APrussian Electric

Public

1940

1947

1

1954

6s

Service Electric

&

Gas

Co

Gas

ARuhr

Corp.

6¥2S

1953

A

May-Not)

Bafe Harbor Water Power Corp 3s,

Sapphire Petroleums Ltd 5s
Southern

California

3¥as series A
27/8s

series

3 ¥as

3s

1965

1973

E

3s

scries

F

1979

Gas

Counties

Southwestern Gas

Spalding

(A G)

1970

(Calif)

Electric

&

5s

Bros

&

100

100

3 ¥43

1970

100%

103 ¥4

United

Electric

A 7s

with

Service

Dec

Mon.

1,903,670

May 23

Int'l

1956

coupon

1,654,920

3,031,000

2,101,000

3,053,000

730,000

2,258,415

3,324,000

Dec

ex

de"b

Wasatch Corp

Washington
Webb

&

1003/4

103

Fri. May

9

101

•

100%

1

99 ¥4

1

93%

May 24—

26

Power

3¥2S

June-Dec

Traction 5s I960-

Union

Newspaper

104

June-Deo

77¥4

78

June-Dec

6s

108

3,375,500

2,222,410

2,995,000

380,500

$15,279,000

$2,739,500

——,

Jan. 1 to

BONDS
Stock

Interest

Exchange

*

Period

Stocks—No.

of

Shares

or

le Price

300,000

543,000

$2,225,000

38,427,900

69,214,600

International
11-

11

92 ¥4

104

15

103 %

78

42

73 ¥4

105

107%

7
—

-

OO

■

■

Bank

$34,000

:

■

100
105 3/4

Foreign

——

2,739,500

—

15,279,000

Total

15,349,600

377,339,300

329,565,200

$18,052,500

Railroad and Industrial—

81

106 ¥2

Friday's

$17,574,600

$416,075,200

$390,333,300

105

Sold

Stocks

Low

High

April

7s

A20-year 7s Jan
ABaden
ACauca

1946

-Aprtl-Oct
Jan-July

1947—

(Germany) 7s 1951
7s 1948

Jan-July

Valley

June-Deo

*100
*100

.

174 ¥4

—

174 ¥4 174

113

V'
¥4

2

113

157 ¥2

174%

89 ¥2

89%

*78 ¥2

84

76

series

A

A 6s

series

B

ADanzig Port
AGerman
AS

f

AHanover

Feb-Aug
April-Oct

1951

Waterways

&

Cons

secured

AHanover

ALima

1952

Munlc
6s

7s

1947

6V2S

1952

*78 ¥2

84

76

Ger 7s 1939
(Prov) 6¥2s 1949

City

(Peru

stamped

AMedellln

7s

6%s

stamped




Feb-Aug

stamped

(Plan

A)

125 ¥2

112 ¥4

Mar-Sept

1958

2¥as

125

146%

t

126

11

.

113

8

177%

5

147

148%

20

*65

*413/4

June-Deo

1951

__

110

May-Noc

2008

*85

Total
Bonds

Bonds

$13,000

$161,000

103,000
177,000

'

883,735

56,000

39,000

8,030

981,815

96,000

71,000

10,000

910,280

93,000

22,000

6,000

121.000

789,270

53,000

74,000

4,030

131,000

$347,000

$305,000

$41,COO

$633,000

26—

!

Fri. May 27

-

23

—

176

May-Noo

24—,

$99,000

Foreign

Corporate

Thurs. May

80%

18 ¥2

*23%

June-Dec

1947
—

(City)

Maranhao

——

Jan-July
Feb-Aug

$49,000

708,745

——

77

*85

—

Central Bk of German State & Prov Banks—1
A6s

23-—.

Bonds

Wed. May 25/—

Agricultural Mortgage Bank (Col) —
A20-year

Mon. May

roreign
Government

Bonds

Shares)

Jan. 1

No.

Domestic

of

Range since

Tues. May

High

Exchange

Daily, Weekly and Yearly
(Number

Bonds

$5,500

$8,000

Government-.

mmmm

,

Bid & Asked

Low

196,581,663

299,552,106

Bonds

U. S.
■

Week's Range

Last

S

1954

—

Foreign Governments and Municipalities
American

May 27

1955

1951

10,728,330

10,140,415

Transactions at the American Stock

Friday

$18,052,500

$34,000

Week Ended May 27

112

—

--

1073/4 107%

*103

Feb-Aug

1959

3,813,050

3,900.000

10,140,415

27

Total

100

99% 100

Jan-July

1964

1974

3,617,000

_

30,000

104

99

*25

1963

6s ser A

Water

$3,347,000

105 ¥4

99 Va

_

*105

1956

coupon

Knapp Inc 5s debs

West Penn

Western

1947

1

Salet

Bondt

576,000

Tues.

'

A7s

Bond

586,000

Wed. May 25.

99 ¥4

*25

—

Total

Government

$4,000

1955

June-Deo

United States

$467,000

$2,876,000

Thurs. May

98

Co—

1940

1

297.5

;

Bank
Bonds

-

104 ¥4

*110

Feb-Aug

.

Bonds

■■

103 ¥4

96

99

--

+ 2.0

321.1

Foreign

Bonds

Shares

103 ¥4

9 9 ¥4

May -Nov

143.6

265.6

Railroad

Stocks

Number of and Miscel.

103 ¥4

Terni

Hydro-Electric Co—
A 6 ¥2s with Aug 1 1940 coupon 1953
A6¥2s ex Aug 1 1947 coupon 1953

154.3
283.0

Daily, Weekly and Yearly

103%

■

101 ¥2 101 ¥2

Feb-Aug

1989

/,

100

100

99%

*97

*100

Jan-July

297.5

1

17

97 ¥2

104'/4 104 ¥4

April-Oct
1971

3s

100

'

97%

*97

Feb-Aug

Southern California Gas 3 ¥48
Southern

73

Feb-Aug

-

136

110

Feb-Aug

1978

303.5

283.5

329.7

0.6

2.2

+

High.

10*

97 ¥4

Feb-Aug

1976

series

95

135

92

——

276.8

177%

102

100%

+

Transactions at the New York Stock Exchange

156

170

80

*98

Feb-Aag

1976

C

series D

3s

"l

104%

*100

+

342.0

■:+■/.+

+ 0.4

152.7

282.9

and Service

Finance

324.7
304.2

169

91

'

100% 101 ¥a

100 ¥2

Mar-Sept

■'

102

94

103

Jan-July
series B

3s

w

—

*95

1981—May-Noc

1973

and ref M

1st

Edison

97

*151

—

deb 1962_Jan-July

conv

150

150

177 ¥2 177 ¥2

April-Oct

Housing Corp 6'/2s 1958

165

*169

*96

371.3
322.4

153.3

♦New

„

*148

0.4

372.7

"

350.7
329.7

__

__

*25

Feb-Aug
1998—Jan-July
Jan-July

6s

Reading Tube Corp 6s 1971
ARuhr

*105

April-Oct

1960

+ 0.9

+ 1.6

324.3

Mining

1960

coupon

coupon

346.5
319.3

372.7"

Goods

Utility

269.4

289.9

+ 0.9

349.6

Transportation

103%

Low

High

Change

324.3

Goods

Durable

101 ¥2

20

101% 102%

286.5

—

98

*99 ¥a 102

101%

June-Dec

May 13, '55

289.1

101

9

102 ¥2 103 ¥4

102 ¥2

April-Oct

92

Piedmont Hydro-Electric Co—
with

May 20, '55

Manufacturing
90%

1955

Percent

102 Yt

$160

—Jan-July
1968

lows for the

compared with the preceding week and with highs and

Composite

1963

4

the closing prices of the common
composite and by major industry

98%

93 ¥4

100 ¥2

*93%

Jan-July

A6¥2s

The SEC index of stock prices based on

groups
93%

98%

*101% 104

May-JVou

1970

A6V2S

47.32 Jan

*25

liq tr ctfs__
ApriZ-Oct

1st mortgage 3s 1971
Pennsylvania Water & Power 3¥is 1964

3%s

Low

stocks for the week ended May 20. 1955, for

1952

mortgage 3¥is

68.72 Dec 31

74.72

27

May

Hlgh

SEG Index of Stock Prices

134

129 ¥2

*105

1961

6¥2S 1953
extended to

mortgage

6¥2S

74.54

26__

47 ¥a

46

Electric Power Co Ltd—

A 1st

Ohio

3 ¥48

Power

Fri.

91

1954

Range for

130

130
47

*180

May-Nov

1952

coupon

81%

89

47

68.05 Jan 18

——

74.16

May 25
May

Low

75.58 Apr 22

High

74.02

24

May

Thms.

99

95

—

*150
47

June-Deo

Altalian Power Realization Trust 6¥2%
Midland Valley RR 4% 1963
New

89

89

—Jan-July

AHamburg Electric 7s 1935
AHamburg Elev & Underground
& St Rys 5¥2S 1938
Isarco Hydro-Electric Co—
A7s with Nov

*98¥4

—June-Dec

—

Western

&

Mar-Sept
1967-. —Jan-July

Wed.

74.14

23

May

Tues.

1940 coupon 1953
1947 coupon 1953

Range for 1955

Closing

98

103%

Mtg Co—

a6m2s with Nov 1

:

(35 Stocks)
Compiled by National Quotation Bureau, Inc.

Lackawanna of N J Division—

97
83

126

Total

—

Week Ended May 27
1954
1955

Stocks—No.

of

113

Shares-

177%

Domestic

131

148%

Foreign government

64

64

__

43

—

1955

27

1954

52,000,989

4,273,845

2,747,270

105,468,719

:

$347,000

$214,000

305,000

142,000

$4,701,000
5,710,000

41,000

40,000

$6,783,000
6,803,000
1,437,000

$693,000

$396,000

$15,023,000

$12,712,000

2,301,030

43

—

Jan. 1 to May

Bonds

160 ¥2

—

4,273,845

Foreign corporate
Total.

41

42

(2498)

The Commercial and Financial
Chronicle

.

Monday, May 30,

..

195^5

OUT-OF-TOWN MARKETS
RANGE

Boston Stock

Week'e

American Motors Corp
Tel

American

Anaconda Copper Mining ____
Boston & Albany RR____

of

Certificate
Boston
Boston

Maine

&

5%

,___50

.

2,122

pfd

154
149

149

47

260
4

48

17

29 %

Jan

37

25

34

Jan

120

34

113

Mar

100
__5

123/4

13

10

46%

433/4

52'/? Jan

347

*

373%

38%

123

Hecla Inc

&

Copper

Co

Range

__________

Co

.

Eastern

Gas

Eastern

Mass St Ry

6%

Eastern

First

&

Fuel

1st

cum

SS

General

Island

Inc

Stores

Electric
Co

Creek

Kennecott

Central

b'/t

Mfg

National

Co__

H

Association

__i

Norbute

Hartford

RR

(N

RR.

Pacific

;

Mills

60
25

—

Feb

Jan

17%

Apr

73%

Feb

23% May
66

Electric

Bajawin
Big

Mar

15

Jan

20c

Mar

Consolidated

Jan

18

Mar

Consumers

145

Feb

30%

Feb

1% Jan
102

Feb

Jan

36% May
3% May

Davidson
D

58%

Apr

42%

Jan

27%

26%

27%

361

21%

Jan

29% Mar

—r

20%

21

135

14

Jan

21

May

Folding

Shawmut
Stone

Machine Co

_2

Association
Webster

&

Stop & Shop

*

1%

•

—-

23%

1%

250

1

Jan

2

Mar

1

:

Torrington Co

*

24

325

28%

29%

260

19%

Apr

24% May
30% Mar

39%

—

Inc

Inc.

39%

61

36%

Jan

43

21%

'■

Jan

Jan

Twist

United

Fruit

Machinery

Drill

Co

Corp

U S Smelting Rfg &
Mining Co
Waldorf System Inc
Westinghouse Electric Corp

Gar Wood Industries
Geramer Manufacturing
General Motors

25% May

Goebel

255

13% Mar

14%

Great

1,397

51

Feb

47%

45%

49%

1,033

45% May

54% Mar

Hall

46

46%

120

39% Mar

48

Apr

Hoover

51

51

10

Feb

14

83

49 % May
12% Jan

60

13%

14% Mar

& Bearing
Hoskins Manufacturing
Howell Electric Motors

67% May

82%

Ironite

12.50

__

__

69%

,

67%

70%

715

Jan

Friday
STOCKS

Jan

Sale Price

Par

Gas

Electric

N

O

&

6c

Chemical

P

Picher

Gibson

"__________"

preferred

&

U S

G

Printing

_*

Screw

Shares

Range since Jan. 1

575

13

13

100

35%

36

5,162

Low

"24%

145
20

19

Jan

High

Jan

35% May
23
Apr

National
Parke

37

Jan

55%

Apr

51

Feb

54%

Jan

Rickel

11

4

Feb

26%

26%

26%

404

23%

Jan

4% May
27% Apr

1023< 102%

3

99 J/2

Feb

613/

jJan

64%
148
87

64%

/

50

,148

37

20

87%

141

150

May

89

Feb

17

17

100

15

31%

31%

32

148

27%

58%

61

474

46

48%

49

33

39%

39%

4%

* '■

575

41%

38%

94%

4%

42 V4

2,640

38%

38%

/

96

Feb

Mar

4%

'

74%

Apr

82% Mar

312

"

V-i

104%

Jan

Feb
Jan
Jan

Apr

39% May

10

29

Jan

96

674

91

Feb

38%

104

34%

Jan

43/4
17

Feb

May

River

925

15%

Feb

29%

1U0

29

Jan

33%

Feb

3%

125

3

Feb

3% May
44% Apr

97

Radiator

5

Telephone &
American Tobacco Co

Anaconda
Armco

Telegraph

70%

70

__

62%
74

59
lo

Baltimore &

Ohio RR____

61

B)

50%

39

Kodak

I

Co

76%

100

International

Tel

&

Tel

30

42%

Jan

46% Mar

36

43

Jan

56% May
198% May

50

37%

Jan

34

53%

Jan

268

46%

238

90 % Mar

Cincinnati
For

27

66%

Jan.

65
4

-35%

Jan

2%

Jan

13%

Jan

ZZZ

3%

3%

70

26%

26%

41

22%

353/4

36

50

49

50 Va

77

353/4 May
37% Jan

44%

44%

102

10%

W)

37% Mar

II*

10%

8%

800

2%

Jan

600

10a%

Jan

26%

26%

27%

328

24% Mar

3%
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1

160

3%

3%

110

2%

17

Feb

17

Barker

Apr

50% May

Bishop

47

Black

May

27%

Jan

8134

Jan

—1998

55%

page




51,

683% Jan

67%

70%

68 3%

91

Apr

67% May

82

47%

Jan

95

46% May

52% Jan

53% Mar

19%

Feb

16 3ij

May

Jan

10% Mar

6

Jan

7

May

Apr

40

Mar

383%

Sales

of Prices

60

Jan

Low

:

60c

5,653
250

Feb

Mar

85c

3%

1.40

Jan

Jan

5%

Jan

91/4

Jan

8%

8%

250

73

__

73%

348

70%

Jan

80 %

Apr

26 %

273

20%

Jan

28

Apr

30%

173

223/4

Jan

31% May

a38% a39 %

7 %

Jan

38% May

44%

57%

275

48%

573/8 May

10%

,

140

57%

__

10 3/4

140

Apr
10% May

a7834

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52

24 '/a

300

22

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114

45%

184

870

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185

Jan

125

63

41%

Jan

62 %

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140

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39

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38%

32

a

15

15
13

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94

a__

14 %

12%

133

3434 May
41% Feb

40

10

34%

343/4

245

45%

46%

250

Z3

7

7%

856

16%

16%

17%

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a4

32

2.75

2.65

2.80

2,905

2.65 May

9%

9%

2,900

9 % May

260

jg
*

6Vs

3%

Feb
Mar
Jan

8 %

Apr

24% Mar
4 Va

Feb

j

3%

Jan

Jan

.

13% Mar

t

17%

i

-10

16%

17

9%

9%

970

9

Apr

11%

Apr
Feb

21

21

300

21

24%

Jan

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106

50

May
May

57

Mar

~5

a54%

1%

•

10c

,

55c

„.

1,167

52 %c 57 Vac

l3/8 -Jan

12,600

1

Apr
Jan

145

"tApr

'

17

Jan

«

Jan

22c

12 %c Apr

15

(Un).

15

15%

7,929

H3/8

jan

15%>Crtar

5

68%

60%

69 %

2,100

55% May

86% Mar

4

3%

4

3,0.90

3% May

173/4

17%

340

1

64% Mar

303

16%

16%

1,798

5

213/4

21%

802

16%

Jan

50-

8

8

115

7%

Feb

'

36

».

Mar
-

'

.

h

Apr

%Mar
"

Atlantic

I_
q
(Un)~Z_
1
Z_ZZl0

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RR

(Un).

a

10%

200

10%

Apr

% »Apr

10%

400

lOYa

Feb

%

Jan

16 %

al7

105

16% Mar

'a

Feb

33%

100

27%

Jan

5 3%

May

7.

Feb

283/4 Mar

<5

May

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6-Ar

6f<r

6%

1,350

33%

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1,131

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14% Mar

10%

10

preferred

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l."%May

-

43

(Un)ZZZ_5

-

Mar

16

32

43

10
g

r

643% ^lar

a64% a64%

15
com

(

j

10% May

844

10%

Jan

103%

105 >

1%

128 131%

10%

15%

1

II

,

1

47% Apr

Jan

Jan

12

1,427

?

14 % Mar

Feb

Z-B

Apr
—

16%

Jan

Mar

133

Apr

55V4 Mar
78%

Jan

a__

160

al43

May

j

65 %

Jan

50% Mar

250

13

50

48

68%

Apr

72% May
48% May

Feb

130

Jan
—

50%

Feb

47%

Jan

25% Mar

May

47%

63 %

a483/s

12%

a__

24%

Z_5
ZZZl

_

30

26J/8 May

250

90c
43%

1

High

.20c

Mining.

preferred

Pacific

sfnee Jan.

26%

8%

3

Burlington Industries Inc
Byron Jackson Co
Canadian

26'/a

85c

473/4

Diamond

conv

Range
Low

4%

—

a70%

(Un)ZZZ~__50c

Corp
Boeing Airplane (Un)

7%

Shares

High

26%

87 %c

~ic

(Un)

Budd
Company (Un)
Budget Finance Plan com

10
58

$3,787

Jan

Jan

Exchange

10

__

93% May
48% May

48%
83%

55%

266

May

_1

473% Mar

82%

55%

Mammoth

Canadian
see

225

Feb

13

'28% May
4% Mar

for Week

10

I

Company (Un)
Borg-Warner Corp new
Broadway-Hale Stores

bonds
4%s_

6%
383%

11% Apr
2% Jan

9

Range

50

<rrn«

Borden

40% Mar

100

10

_

Corp

Feb

86

9%

Week's

25

Co

Jan

47%

69

j0

Steel

Oil

48%

93%

13%

6 %

100

Corp common

119%

48%

83%

(Un)_Z

Basin Oil Co
Beckman Instruments

Bros

May
Jan

15%

1,050

38%

6%
"

755

153%

9%

ZZ

17%

15%

class B_*

Bankline Oil Co

Jan

106% Jan
42%

3 %

Z"l

42'%
83%

Inc

43 3%

8% Apr

Jan

25/8

5

Oil Con>_.

206

Apr

Apr

38% Mar

6% May

12%

"

30%

(Un)

Bolsa Chlca

47%

134

12

ZZ
ZZ

10

Co

Bond Stores

45%

34

32

1

1,599

(Un)

Hamilton

87% May
405/« Feb

92%

Tn

iu

22% May
75% Jan

G

43%

Baldwin-Lima-

Blue
95

Jan

10%

Z

Bethlehem

94

27%

(UnjJL

(Un)

41%

38%

111% 112

39% Mar

Corp

Bendix Aviation (Un)_
Benguet Consol Mining

87%

218

Jan

Apr

Manufacturing Corp (Un)

20% May
29% Mar

22%

43%

47%

Atlas

Jan

86

30%

3%

23% Mar

Apr

1

(Un)

Apr

38%

111%

(111)

23 %

Mar

May

538

_

•41%

40

Jan

21

560

com

Jan

Jan

3

252

ZZl

Thea

Co

17%

Jan

2,800

73/8

•

88

20% May

22%

»

Co

38

3%
21%

34

12%

6c

Securities

50

1%

21

2l3/i

26%

Ashland Oil Refining (Un)
Z
Atchison Topeko & Santa Fe (Un)
Atlantic Refining Co (Un)

Petroleum

26% May
74% May

Jan

9% Apr

Apr

7%

io

1

w

Bandlnl

190

in

Co

Baldwin

20'/2

25

&

Jan

20%

"15

Jersey)
(Ohio)

Jan

common

Armour

Apr

5

:

Feb

1 %

50%

(Un)_

old

May

40

87%

1063/8

New

.(Un)

25%

40

*

633(, May
55% Feb

Steel

21% Mar

77%

32

7%

375

30%

■

25

30
60

.

29% Mar

100

1%

Feb

Corp

28 %

23

1,569

9%

1%

Feb

Tobacco
Viscose

70 %

29%

30

9%

Jan

10c

Chemical

Tel

Mar

20%

I*

81% May
44% Apr

6c

24% Mar

28%

1.40

(Npw

footnotes

29%

4%

(Un)

Co

&

62

20%

'

Trans

29%

4% May
1% Apr

303%

(Un)

10

23

Feb

792

Jan

Apr

34%

Anaconda CoDper
Mining Co (Un)
Anderson-Prichard Oil (Un)
Armco

Avco
.

1

Steel

,

37% I

66%

5

_

WocMngbouse

™

97%

27

•

(F

95%

II_IbO

__

Roebuck

Wool worth

40%

37%

20%

Airway

Industries

Rubber

Feb

63%

1

new

Oil

17%

52%

Feb

63a

300

•

American

51%

Apr

8%

Last

Corp

Radiator

American

62%

18%

1%

Tel

Feb

Apr

Jan

5% May

45%

Smelting 6c Ret (Un)

39%

Jan

15

16%

1%

American

51% Mar

68%

12 % Mar

469

43%

American

32% May
15% Mar

40%

Inc

TTnfon Carbide
S

Apr

45% Mar

157%

210

4%

•

35

69

13

1,925

(Un)

25

773%

I

Brands
Standard Oil (Indiana)

c

82 3/8

44%

•

Standard

r

533/4 May

66%

44%

Corp
_IIII__»
Reynolds (R j) Tobacco class B
10

U

42% Jan

55%
56%
191% 194%
80%
803/4

25

RR

Standard OH

33

16%

Radio

Standard

Motors

33

Distillers

American

Sears

Cyanamid

American

47%

10

Montgomery Ward & Co
National Dairy Products

Schenley

Can Co

American

American

25

15

130

(Un)

Apr

16'%

362

4% Mar

Friday

Broadcasting Par*

May

Jan

Apr

945

._

Inc

Apr

32%

97

Mfg

Airlines

27% Mar

47%

56%

Allls-Chalmers

45 %

145

16%

*

_

(P; Co
(Glen L) Co

Pennsylvania

Mar

33%

6%

1

class A

American

32%

5

Harvester

Lorrillard

Pure Oil

75%

29

5

Liggett & Myers Tobacco Co

Pan

Jan

5

Motors

National

37% Jan
104%

5

Department Stores

International

Martin

20

75%

.

100

5%

Distributors

American Potash
25

10

Electric

General

12

52%

B

Auto-Lite

General

25

33

5

1,

Federated

Amer

52%

7

Chemical

Electric

Apr

•

Dayton Pr & Lt Co

Eastman

8%

•

Gas

Pont

American

33

10

Products

Dow

Apr

45

Jan

3%

5%

Corp

81 %

129% 1291/4

Jan

3%

43%

a ecu
Corp
Alaska Juneau.Gold
Mining
Aiiegnany Corp (Unj

Feb

72% May
653/4 Apr

Jan

9

Apr

14 3/8

"g%

4

26

i8634 Mar

Jan

13%

Feb

2%

2,426

1

Admiral

Jan

70

7%

100

6%

Z_2
Z_i
ZZZZ5

57% May

Feb

16%

665

18

143%

j

May

66%

Jan

8

2%

Los Angeles Stock

47%
6

Jan

3%

STOCKS

62%

302

Feb

106

8

5%

~_Zl0

Jan

8

7%

91% Mar

2%

~2%

1

Jan

*n%

169

25

28

Jan

2,182

9%

7% Mar

5%

Co

38% May
102% Mar

76'%

28
_

Jan

172%

May

Jan

Jan

May

62'%

45

*

Cities Service

Du

6%

22

85

Apr

97

43 3 a

6

33%

35% Mar

197

16%

100

Steel

Pacific

Columbia

6%

,I_13

Chesapeake & Ohio
Chrysler Corp___
City

76%

3

48"%

20

70%

Mining

Baldwin-Lima-Hamilton 1

50

24%
24%
183% 184 %

184%

28

Steel

Canadian

—

57%

100

Manufacturing

Bethlehem

57%

353/4 Mar

785

1,460

}

Dillon

Co

/

Jan

42%

Investment

&

5%

95%

1

Paper

Shirt

335

8

5%

32%

-III*

Michigan

Udylite Corp

Walker

42%

519

7%

_—___IZ_5
____________ZZ_Zlo

uo

(Fred

34

42%-

"514

Par

__io

American

Avco

34

10

Spring & Axle
Rudy Manufacturing

United

Apr

4% Mar

3

14

ZZZl

Rockwell

Union

Mar

37% Mar

33/4

ZZZZIl

(H W)

Scotten

200

9

13

Jan

14

IZIZZlO
Z

of

&

Raisin

Feb

11 % Mar

1

;_

Brew

Prophet

100

3%

Feb

14%

33%

1

Peninsular Metal Products

250

10% May
6 3% Jan

330

Apr

50% Mar

29%

14

Sale Price

Cyanamid

American

3

1

Products

Davis

7%

24

Apr

May
12% May

Unlisted Stocks—
American

7%

_______________i

Murray Corporation

4%

!__•

common

10%

10

_

Wheel

52%

___________100

common

10%

~

Products

Motor

50

•

.

10%

2%

common

;

Motor

4%

•

Art

Kroger
1st

io

Ins

20% May
4 6 3% May

j

8ales

17

(Dan)

Eagle

Formica

P

12%

__

743

2"

Inc

51%

20
50

Cincinnati Transit
Cohen

50

lo

common

Telephone

775

473%

1

Bail

4%

__100

T

20%

47%

|

Lamp

for Week

21 %

8.50

com

20%

1

Oil

Masco

33%

21%

«

&

82%

1

Lansing Stamping

High

33%

*

Cincinnati Milling Machine
Cincinnati

Low

8

common

Preferred
C

of Prices

20

Corp

Cincinnati

Range

i

Champion Paper
Churngold

Exchange

Week's

Last

______

3138 Mar

Jan

0

Brewing
Lakes

Drug
Kresge Co (S 8)
Kysor Heater

Cincinnati Stock

Baldwin

22%

Jan

67

60% May

»

:

Jan

23

910

Z_ 5
ZZZl

Mogul
Fruehauf Trailer

14%

50

Laundry

16

616

753/4

1

Kinsel

American

100

29%

75%

1

Economy Baler

Kaiser Motors

Ealcrank

213/4

28%

10

Corp

Detroit Steel Products

58%

5

___

21%

75%

1

14%

Apr

Apr

2213 May
2% FeD

*

Iron

56%

22%

10%

Jan

29%

Edison

575/«

3,077

%

21%

_______i

23%

25%

1

•

common

24

5

Jan

19% May

lo

Motors

Gray

7%

190
500

35%

Power

Steel

660

2

May

Apr
17% Apr

5

25

Co__

Shoe

22%

2

4

273i

Jan

25

•

Union

United

U S Rubber Co

—

9%

22%

2

Z

Federal

Reece

9%

II

1

Detroit

38%

15%

5

Detroit

Feb

50

21% Mar

370

Navigation

& C

49% Mar

75

40%

390

16%

Bros

Detroit

Feb

40%

23/4 Mar

26

16%

1

Paper

Continental

106%

55

600

25%

.1

1

High

3.50

Budd Company
Burroughs Corp
Chrysler Corp

16%

5,290

25%

Range sine# Isi.
Low

4

16%

Briggs Manufacturing
Brown-McLaren Mfg

15% May

Shares /

26

2

Markets

Jan

Sales

for Weok

High

4

Rubber

Bear

of Prices

Low

1

American Metal Products

Feb

30% Mar
130

Hange

Par
Allen

Feb

113%

Week's

Sale Price

130% Mar

189

3%

27%

Last

58% May
55% FeD

54

■

Exchange

Friday
STOCKS

7c

145

2%

Detroit Stock

Feb

13

1,765

36%

12%

21% May

600

104% 104 %

—

*

Pennsylvania RR
Quincy Mining Co

27

65

138% 139

5

Jan

118

100

11c

36%

20% Mar

98%

56 % May

15

15

17%

17%

Jan

50

22%

10c

50c

100

Chemical

29%

15

—"

__100

H)

Mathieson

■

46%

50

126

21%

100

Corporation

Northern

Olin

20

58%

Jan

63 % May

200

29%

i

20

52% Mar

333

124

1

Cos

23%

58%

100

Tel & Tel

&

23%

105% 1093/4

—

__100

England Electric System
N

129

i

Racing

New England
NY

1,313

—

DETROIT

Telephone: WOodward 2-5525

Feb

67%

•

Ford Building

Jan

71

,52%

lo

.

preferred

Service

2

Apr

65%

50c

;_

_.

Corp

Narragansett
New

RR

Jan

May

503/4

Exchange

15% Mar

1 %

|556

Stock

Midwest Stock Exchange

52% Mar

9%

58%

Corp

American

Detroit Stock Exchange

47% Mar

57%

56%

51%

Jan

46% May
35 % May

345

l

Exchange

May

15

27

8

48

Stock

38 % May
120
May

250

27
—

York

59% May

1,732

•

.

New

May
May

1%
58

•

Corp

cumulative

Mullins

common

10%

Members

Apr

10%

1%
58

Inc

Coal Co

Copper

10%

65

100

_.

Lone Star Cement
Maine

10

A

(new)

___

—

_100

■_

class

Lines

National

Gillette

Associates

Co_

pfd

149

119

0

65%
155

37

100

Jan

186% Mar

Feb

463/4

616

Watling, Lerchen & Co.

High
13%

May

149

57%

Calumet

Service

Jan

57

Boston & Providence RR

Cities

%

138 %

__100

;

_

10% May
172% Jan

135

155

—

5%

RR

Prop

321

—

—

27

Range since Jan. 1
Low

10%

183% 184%
61%
62%

—

_25

—

Shares

High

10%

■

100

preferred
Pers

183%

deposit

Edison____„

Boston

10%

100

Tel

&

Low

5

MAY

for Week

of Prices

Par

ENDED

Sales

Range

Last
Sale Price

WEEK

Exchange

Friday
STOCKS

I Olt

V Apr.

.

<

*
k

Number 5433

181

Volume

.

43

(2499)

Financial Chronicle

The Commercial and

.

.

OUT-OF-TOWN MARKETS
RANGE

Sale Trice

•

■

'-''v//;--'

<i'rr

tJ

Case

.:

(Un)

Caterpillar Tractor new
vun)

ckjxp

vtittucae

Cenco

Corporation
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Central

.*

.

Corp—

Aircraft

Co

;

Aucrait

kougni,

u<iwu*.e

~
,

1
1
1
-1

Certain-teed Products
Cessna

;

—___—_1
1

—

.

_____

Charter Oil Co Ltd

—
■

__

:*

»

__
—

-

Service

Cities

49%

10

(Un)

Co

Foods

(Un)

Moryodenum

Clinton

•
__1

,

(Un)____

Inc

7

corn

Dtcta

inc

Records

&

—

15%

„

Aircraft

Douglas

Oil Co of

Chemical

Calif——

(Allen B) Laboratories

DuMont
rout

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ue

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83

200

48 %

Apr

51% Mar

5%

Jan

9 % Mar

Clay

Pacific

Finance

Pacific

39% Mar

41

26

Apr

2,420

15% Mar

17 Vb

50

21 Vb Mar

25 %

Feb

39% Mar

47%

Jan

45 V4

Feb

Jan

76%

Jan

SO

♦

10 % May

14%

Feb

6%

Jan

40

100

\

8

9%

Jan

16%

Feb

32%
77%:

Feb

64% May

89%

4%

Jan

478

38 Vb

Jan

46%

145

13%

Apr

97

a55
a57
44%! 44%
al5% al6V4
a 19l a 19514

Feb

53

159%

Jan

May
Apr

17

(Un)

Eastman Kodak Co
El

Natural

Paso

Electrical

10
.10
_3

(Un)

Inc

Mar

173% Mar

(Un)

Gas

1

EiectroData

Co

Railroad

Erie

Oil

Exeter

Phonograph

Radio &

Emergen

(Un)

Co

Fedders-Quigan

class

Stores

Line

Tiger

Gair

(Robert)

:

Inc
common

435
-

1

-

__

__

wJtntral

Electric

General
,4enejai

Motors Corp common

General

Paint

General

Public Utilities (Un)

Corp

common

General Telephone
New

,

Tire

Gimbel

i

w

common

General

Rubber

&

Products

Gladding,

(Un>

Oil

Lakes

Great

Northern

Great

Grumman

—

Honolulu

5

Corp

Oil

50c

;

(Un)

Foods

Corporation

Development
International Harvester

Nickel

Tel

&

Tel

Int'l

Oil

—

__

♦

(Un)

International Paper

—

--7V2 al01%

(Un)

27%
9%

•

(Un)

33 %c

Co

Jan
Apr

42%

1,394
208
38

8

1,490

265

Oil

10c

Co

Jchns-Manville

Aluminum

New

i.

Motors

Kenneeott

Corp

(Un)

Corp

County Land Co

McNeill & Libby (Un)
Liggett & Myers Tobacco Co (Un)
Llbby,

Lion

Oil

(P)

Co

Safeway

Mascot

Oil

San

37

May

Feb-

51%

Robbins

Mfg

59%

Jan

4.00 Mar

20%

Feb

23% May

Merchants

Middle

South

(Un)__

5
10

Development (Un)
MisKissippi River Fuel

.Mission

.Montana-Dakota

.Montana

Power

Merteomerv

Motorola

.Mt

Inc

Diablo

-National
National
•National

1

Inc

(Un)

(Un)

Biscuit

1

Distillers

5

(Un)
Inc

footnotes

1,780

2%

Apr

60

35%

Jan

42

384

13%

Jan

16% Mar

50
70

3%




%

page

1
51.

11%

May

34

45%

Feb

Jan

43%

Apr

36%

Mar

46

62% Mar

71

30% May
25% May

44%

Jan

26%

Jan

35

Jan

25 y8

47

Apr

Jan

31%

Jan

1,900

1.10 May

2.45

Jan

300

41% May

44% Mar

80

80

1,615

20
581

Apr

22% Mar

5

4%

Jan

15

51%

Jan

7c

Feb

5,000
415

35%

Jan

65

60

Jan

22

ft__

1,413

24

3,065

?

41

May

19%

20 %'

Jan

100

8% Mar

50

Jan

19c

Apr

28% May
9-

65%
20c

33% Mar
56%

200

a,_

20

Jan

102

400

.

2%

___

Feb

Jan
Apr

64% Mar
28% Mar
9"% Mar
80c

39%
84%

Mar
—

Apr
Apr

a—

117

Apr

Jan

5

101%

111%

Jan

59%

13%

Jan

23

Apr
Apr

295

62% Mar

Jan

66% May
Jan

Apr

1.50

220

46% Mar

50%

Apr

1,823

40% May

62%

Feb

1.85

100

a42

40

955

36%

26% May

43%

Apr
Feb

Jan

2.30

Jan

Apr

41%

May

10

Jan

215

32

Jan

48%

100

34

May

43%

Feb

100

6 Vb Mar

8%

Apr

90 Va

Feb

28G

76

117

a__

175

%

44 %

395

37%

38

Textron

World

Trans

Transamerica

Airlines
Corp

TreeSweet Products Co_———

Tri-Continental

Corp

:
—-—'
Century-Fox Film—

9 VB May

,

May

46

1,737

36 Va

45 Va

1,200

80c

Jan

Feb

Jan

95c

May

Mar

74

66%

745

65% May

27

304

25% Mar

30%

Feb

26

1,270

22 Vb May

34%

Feb

37

400

28 %

50 %

Feb

a44% a45%

287

40

Mar

48% Jan

26

Mar

33

37

; 36

a45

31%

32%

825

33

42%

42 %
17%"

1,150
\ -

Jan

May

36% Mar

1

42 % May

17%

215

18

-

a23% a23%

19%

Anr

Jan

23% Mar

25

22% May

5 Va

Feb

27%

Jan

4%

4%

7,460

22%

22%

378

3% May
22% May

31%

32 VB

844

30% Mar

32Va Mar

74 %

Jan

86 Va May

7

Jan

4U

86%

348

8%

8%

225

9%

a9'/4

5

30%

31%

2,258

31 %

31%

86%

a

31%
a54

Apr

9%

11% May

12% Mar

30%

Jan

3b

Mar

100

31% May

35

Apr

a53% a54%

191

49% Mar

55%

Apr

60 V*

65% Mar

20% May

26%

45 Va

31%

52

52%

623

22 %

23%

700

49 Vb

23

49%

Jan

Feb

Jan

50% May

171,786

12 May

§2 May

1,348

25%

25%

292

25% Mar

28 Va May

41%

25%
a

41%

151

38%

Jan

43

28% a 28'/a

12

27 Yi

Jan

28% Mar

34%

Feb

35%

34%

10%
a20%

671

1,550
80

18 Va

Jan

Apr
Jan

21

60 %

240

51 y4

Jan

61%

28 Vt

133

27

229

41%

59%
a27%

a

72

71%

72

Jan

50

77%

879

74

43%

43%

235

43% Mar

111%

112%

600

109% Mar

45%

--

Apr
May

39% May

38% Mar

a38% a38%

Mar

28% May

Mar

77%

43%

May

14 V2

9Vs May

10%

a20% a20 V4

—-

71%

35 V4

10

25

8IV2

Feb

49 %

Jan

Jan

118

Feb

275

43 V4 Mar

46% Mar

70

19Va May

21%

29 %

"
10
-1
___25

46%

a20% a20%
29%

490

27

11%

11%

325

11V4 May

23

23%

1,417

--

11,2

23

a42%

15%

141

46 %

47%

47%

405

42 V* Mar

Jan

23% May

May

aSl'/B a51%

Feb

30% Mar

Jan

91'/a

--

a51%
' --

51

Jan

Apr

47 V2 May

,

92

208

90%

Feb

98%

Apr

a41% a42%

77

39%

Feb

42

Mar

al9

145

12%

Jan

19% May

23

160

23

al8%

May

20%

Feb

35

24'/a

Jan

29

a31

210

26 Va

Jan

33%

Apr

39%

40 VB

790

38

Jan

43%

Apr

8

8V4

310

8

9%

Jan

26

564

May
25V4 May

27%

Jan
Jan

Jan

23
--

a27%

_,10
5
2
1

a26% a27%

a29%

25%

1

(Un)

Jan

40% Mar

27

—5

—

7%

Jan

48

24%

1

Assoc Oil com (Un)

Water

a—

65%

66%

23
*
_50c
—*

preferred

$1.25

Jan
—

39% Mar

10,733

47 Vb
a9 Vb

82 %c 87 %c

37%
87 Vic

—•
*
25
15
10

—■

Feb

43

38

a9

*
1

Gulf

Twentieth

U S

Mar

11 Vb
.

11 Vb

100

10V4 May

13%

29 Vb

—-

29 Vb

300

26% Mar

31 Vs

13%

170

13%

15% Mar

--

1

13%

1

Industries Inc common,

Carbon (Un)
•
Union Oil Co of Calif common
25
Union Pacific RR (Un)
60
United Air Lines (Un)
10
United Aircraft Corp (Un)
5
United Gas Corp
(Un)
10
U 8 Rubber Co
(Un)
8
United States Steel Corp. old com
*
New
common
wi
—16%
Universal Consolidated Oil
10
Universal Pictures Co (Un)
1
Corp

Apr

125

32% Mar
25%

Feb

Jan

57% Mar

Jan

32

Feb

,

—

a—

405

74% May

87

Jan

100

45% Mar

55

May

Jan

3% Mar

41%

255

41% May

45% Mar

20%

20%

315

20% May

23%

Jan

89

46% May

53%

Jan

11%

235

Apr

11% May

Chemical

Bros

Pictures

tUn»
(Un)

Kentucky Coal Co

Westinghouse Elec (Un)
Wheeling Steel Corp (Un)

Exploration
Wilson & Co Inc (Un >
Woolwortb
<F W)
'Un)
York Corporation
(Un)—
;
Willlston

Basin Oil

Youngstown
Gold

Zenda

Sheet & Tube (Un)
Mining Co

12%
•
10o
0
10
1

•
10c

May

93

425

51'/a

51

1,583

50

May

58%

Feb

al62%al65%

130

146

Feb

150%

Feb

a42V» a44V4

139

a44%

35%

48

Jan

Apr

76 %

76 %

294

67% May

90

Jan

31%

32%

302

31% May

34%

Apr

40% Mar

47%

Apr

a46 % a48 Vb

190

a81% a84 V2

382

a41% a42 %

a47%
a84%

21.7

41% May

260

65%

L9%

70

.

.

-

67%

Apr
41% May
88

Jan

73% Mar

Apr

30%

Jan

20

27% Mar

35

Jan

47

a43V2 a43V2

37%

Apr

50

43 'A

Jan

51

Mar

a44% a44 V2

100

18%

Feb

19% Mar

a28% a28%

1
(Un)____*

8
4
Western Air Lines
1
Western Union Telegraph old com—10
New common w i
2 50
Westinghouse Air Brake (Un)
10
Warner

West

93

82% Mar

93

of America (Un)

30%

7

Jan

50%

Carbide &

Union

Feb

24%

9

May
25% Mar

44%

5

Company

Virginia-Carolina

24%

2.40

Jan

8%

44

(Un)_
Sulphur (Un)
American Inc com

Texas
Texas

Vanadium

31 % May
22 % Jan

24%

Jan

18%

84

47

7.60

Jan

23

a__

38 %

1,376

84

(Un)

Sylvanla Electric Prod

Jan

111

50%

1,030

23%

a41% a42%

2

(Un)

50

43%",

43

25
___25

Public

3.25

218

200

38

970

Apr
Mar

75

38

1—25

Service
Sperry Corporation (Un)—
Standard Brands Inc (Un)
Standard Oil Co of Calif
Standard Oil (Indiana)
(Un)
Standard Oil Co <N J) (Un)
Standard Oil (Ohio) (Un)
Stanley Warner Corp (Un)
Stone & Webster Inc
(Un)
Rtudebaker Packard
Sunray Mid-Continent Oil
Swift
& Company
(Un)
Southwestern

Apr

5% May
2.10

2.04
a25

50

May

8% Mar

100

9%

Feb

1.65
41

31%

490

Jan

Jan

24%

2.35
a24%
31%

182

38

a36

8%

__—

Southern

Apr

47%

220

505

72 % Mar

May

440

1.10

57% May

43 %

Jan

8%

15

Warrants

Mar

75

2,500

lbd

23

1
Co Ltd com—25

Company
Pacific

40 Va May

60%

a

48%

»
—_2

Southern

Feb

70 V4

1
______20c

pfd class A

36%

58 % Mar

39 Vb Mar

a36

•

6%

Apr

47% May

Jan

50

1
•

Calif Petroleum.^

23

49%

200

.__

Southern Calif Gas

Jan

38% Mar

_

May

252

9%

1
1.40

Southern

29% Mar

a74

a

a72
a60

•

preierred
preferred
preferred

Feb

43

Jan

39%

a39%

a74

8

;

20%

Jan

a40 % a41%

_•
10

39% Mar

a~

ju-

70
290

a41

1

Corp

Jan
.Mar

50

18 V8

100

a51% a60 %

—5
1

(Un)

Apr

138% May

36% Mar

a47% a49%

39%

12%

22v4

15
489

a21 % a21%

47%

17%

1,135

27

26%

Mar

Jan

10% May

37%

43 Vb a43 %

22/32

4.88%

a__

3,100

11%

100

Jan
Mar

a49% a49%

20 %

42 VB

20

B

3% Mar

31%

a58%
a59
27% 27%
a38% a38V4
77% 77%
55
55
2.90 2.90

42 VB

a

Oil & Gas class A

Class

Jan

41%

1

(Un)

see

__

10

(Un)

Co

Gypsum Co (Un)

For

a38V4
77%

•
3

;

Co

National Theatres
V

Co

—

♦

(Un)
&

a59

__5

(Un)

Utilities
Co

Ward

__

Jan

59%

com

Southern Calif Edison

Jan

a35% a 36%

2.40
a24»/2

I2y

1
0

41% Mar

11

__10

77

10
1

35c

21% May

16%c

(Un)

Utilities

138% 138%

a

.___;

Jan

25%

1"

Petroleum

'Merrk <fc Co Inc

540

5
—50c
1
50o
•

Jan

21% Mar

5%

1,505

11%

•
;__5

39%

17% Mar

a42
53b

324

40Vt

5
•

25c

230

a42
5%

70

40

a

ebb

Apr

106

May

68

1
•

(Un)

Sinclair Oil

2

820

'V

11 VB

4

Socony-Vacuum Oil Co Inc (Un)
Solar Aircraft Co—

6V4

:

11%

100

Petroleums

Inc

Signal

25% May

2.55

862

1

66

35 %

180

40%

10

Roebuck & Company

Servel

Apr

25% May

21%

18

(Un)

Co

27 %

—

37% May

23%

I

Jan

ii.

1
1

Servomechanisms Inc

23%
28
1.85

preferred

Sears

'20%

__

26%

Schenley Industries (Un)
Seaboard Finance Co

Jan

—

30%

270

Co

May
56% May

—

48%

27

(Un)
Diego Gas & Electric com—

5%

37

44%

1

Co

&

McKesson

Men*sco

1.25
1.30
a48% a49%

27

Stores Incorporated—
San Francisco Ry

4.48%

143

al06al06%
53'/2 53%
20% 20 %
66%. 66%

old

Corp

Aeronautical

Sapphire

__

_1

Co (Un)

L)

(Glenn

—

53%:

28% May

Oil Co

Oil

4.32 %

a811/4a91%
a30% a31%
5

Feb

)Un)

Spring & Axie
Corp

Rights

a38

4%

28

Aircraft

Jan

94

al28%al28%

100

(Un)

Rockwell
Rohr

102% Jan

1.25
a49%

10

(Un)

Magna vox Co (Un)
Martin

__

__

•

Inc

LorJDard

—

28%

-

1

,

10% May

*

Lockheed Aircraft COrpi
Loews

7
25

a31%

28%

common

i

Jan

1

(Un)

Co

__

10c

Petroleum

Lincoln

1

29

3

Richfield

Mar

45 45%
28%
1.20 1.40
a40% a40%

a82% a82%

May

Gas

&

Rice Ranch

8

200

30c / 30c

28

2%
Reynolds <R J) Tob class B (Un) —10
Rheem Manufacturing Co
1

60% Mar

25%

a37%

i_33%c
50
1
*
2.50

:
;

Copper

—

10

•

old__

„

preferred

Katter

Kern

w

un

<

Chem

&

common

Kaiser

5%

Steel

Lauamiln

&

♦

(Un)

Corp

__

Oil

Reserve

Tide

Jade

200

Rexall Drug Inc

63

173

14c
14c
37%
38
a63% a63%
a96% alOl'A
26% 28%
9
9%

w

common

Jan

7,004

a7 Vb

New

Jan

34

28%

Feb

28

.

_

(Un)
Rand Inc (Un)
Aviation (Un)__
Republic Pictures (Un)
Republic Steel (Un)

Jan

a70

27 Vb

_

Raytheon Mfg Co

51%

30%
25%

a'14% a64%

Jan

28

—

Republic

63

80

133

a68%

a79% a79%

Feb

14

Jan

Apr

_

Remington

Louis

Jan-

48% Mar

29

Regis Paper Co

35

43%

Jan

29%

12.50

America

Corp of

St

33% Mar

Jan

44%

37

(Uni____j

Corp

Theatres

Radio

•

248

1,150

27%

.

*

38%

May

(Un)__—____5o
33%c

new

St

11% May

26

32c

a62
2%
2%

(Un)

Oil Co

Pure

Ryan

a__

25

50
421

May

(Un)

Incorporated

Pullman

A May

91% Mar

>/a
48

j 142

47%

28

Morris & Co (Un)
Phillips Petroleum Co (Un)—:

79% Mar
55
Feb

85

17%

29 %

Corp (Un)
Corporation

Philco

8% May

654

1,232

Jan

100

(Un)_

& Co

Mar

47

718

4,550

a42V2

13

300

(Un)

% May
51

16

28

—

7 Va
52

35% May

1,200

a7%

_

•

___

(Un)

RR

imperial

Intel

—

___1
»
20c

Inc

International

__

__

6%

Hunt

Central

—

.1
12%
*

Corp

Hupp

Illinois

—

a__

Apr
Feb

55

36

30% Mar

u %

a41% a42%

--

Jan

44% Mar

28% Apr

23%
40%

_

1

23%

43 Va May

745

--

•
25

Jan

35% Jan

1,

2%
a39%a40%
15%" 15%.
a34% a34%

:

3

13 Vb

80

25%

a58%
2%

Jan
Feb

Jan

460

13

a65% a65%

__

1

—

5%
47%

7%

—

*

Electronics

a—

175

26c

__

1

Holly Deveiooment
Homestake Mining Co

35

May

403

39%

—

Feb

21%

•> -/a

—

Apr

May

Feb

55

15%

-

Apr

291/4

Flielps Doage

Feb

40

35

22%

—

25

Hotels

Holrman

25%

—

•

Preferred
Hilton

—

__

(Un)

Hancock Oil Co class A
•

•

__

Apr

4.25

11% Mar

62

253

a70
6%

Feb

24%

00

400

48

51%
9% 10%
a84V4 a8434
97% 97%
11% 11%
a36% a36%
52%
56
37 37%
a57% a57%

—

Guii, Mobile A Ohio (Un)
Guii Oil Corp (Un)

f

3,725

440

50%

16 %

Jan

2u V4

h_

10

(Un)

14

195

o*

10

Corp
(Un)
Aircraft Eng

Greyhound

Mar

IOO

59*;b
51 ¥4

Chemical

&

RR

Apr

17 V2 Mar

2,244

(Un)

Graham-Paige Corp

Apr

13 %

2,934

hh

•
common—60o

Rubber

Goodyear Tire &

54

Jan

r%

—

(Un)

Co

Jan

Jan

12 %

a30
37 %

8

(B F)

41

10%

218

r-iV

__

1

Prior preferred

,

Goodrich

,

& Co

Good Humor Co of Calif

205
600

a28%
36

__

1
10
_____10
2%
5

Co

McBean

Company

Uuuucu

(Un)

(Un)

Bros

Giacoen

old

(Un)

81% May

__

__

1
*
0
.—"
;___5

Exploration of Calif
Foods Corp
(Un;

General

50 Va May

Apr

a42V| a43%

__

3
fl

Corp
(Un)
Co
(Un)

Dynamics

a 70
6%
50%

—

'

Geneial

Jan

74%

a39%"a40%

Rights

,

37%

61

al0% «10%
21%f 21%

__

1
2

Inc (Un)

Co

Corporation

Garrett

__

5
*
1
10
1

Chemical (Un)

Co

Trailer

Kruenaul

—

1

Light (Un)

&

Power

FWnp

Food Machinery &

—

1

A

(Un)

Co

.

100

(Un)_.

Corp

riugimmuus

Flinkote

__

(Un)__5
•
1

Merchants Bank

Farmers &

Florida

a81%
"

*

Products

275

50%
a80% a82%
a47% a48%
12% 12%
a 14% a 15%
14%',14%
a22% tf23%
2.20 12.50
50%

—

59 %

28

Phillip

RKO

Airlines

Eastern

266

52% Mar

36

common—

World

Pictures

(Chas)

Pfizer

7% May

43 % Mar

Oil

Railroad
Pepsi-Cola Co (Un)

34%

144

74% Mar

-1

—

Pennsylvania

14% Mar

1,010

48%

29V4

—25

common

Western

Paramount

Feb

32 V4 May

2,312

45% Mar

67% May

25

Tel common,

&

American

Pan

Mar

363

6%,

4% Mar

3% May

64
50

—25

retroleums
Tel

Pacific

915

-

1,300

—25
—

preferred

Pacific

35 Vb

32% Mar

3%

a46 a46%

——

25

Lighting

Pacific

Apr

24

Jan

16

3%

Feb
Jan

£.68 V4 a68V4

:

—

«

9% May

V 7% May

1,205

1,541

Feb

39%

24% May

31

25

preferred
Indemnity Co

Apr

30 V4

5% Mar

2.75 Jan

27 %

a42 %

25

common

Pacific

50%

71

Elec

Pacific

Jan
Jan

Jan

77

3%

,10

.

4.50%,

76 %

67 %

62 %

Jan

16

Corp

&

Gas

4.80%

25% May

53

Jan

67%

—

red pfd class A—

5%

77

50

527

47 Va

20

—

5%

.

312

400

2,170

a74-% a74 %

—

3

preferred
"
preferred ______—
5'/c
red 1st pfd_—

Feb

21 Va Mar

23,300

57

_

—

6%

50

431

Jan

19c

Products,

Pacific

73 % May

59% Mar

16

Apr

16%

70

5%

5
a56%
60c
—
10c
al5%
ft al94%

(Un)____

Co

Jan

20C

4%

Chemical-.

Mathieson

Ohn

66 % May

Peb

66%

Feb

52

a46

1,295

22%'

15%
32%

74%

*
—1

Co.

Industries

DrefiPfT

21

46 V2

ui

Apr

14c

14c

1

—

-

(Un)

Ohio Oil Co old com

Jan

Jan

43 Va

4%

—

May

25 %

21% Mar

4%

Jan

3%

14c

(Un)

Ry

Oceanic Oil Co

Jan

Apr

32

4%
3

Feb

2 fa

1,800

56%

1

(Un)

May

53

1,400

17% Mar

Feb

16 Va

330

4%
41 Va

29%

502

a33%a33%

10

(Un)

Company

Douglas

uu

21%

50o

common

(Un)

Deeie

Dew

»Un)_. 1

1

Wrifr>t

Class A

Jan

Jan

_

—

—

Aviation

Pacific

Northern

17%

4 Va

39%

—*

Co

American

North

Feb

63%

17%

*

High

Low

High

_50c

&

Corp
Oil

Norris

Jan

27%

Apr

1% May

125

7%

7%

r-

May

43%

Nordon

Jan

6% Mar
1.00

23

50

a37%
25

1

Publishing Co (Un)

24%

Jan

30 Va

313

New

—

16% Mar

Z20

.

Cuius

a

26

1,615
135

6%

Idria

70c

200

a74% a74%
a37% a37Ve
wwLiaau
t act
ol
iron
-•
24%
25
Cojumbia Gas System
(Un)_____—* /'?■'" •—%? 16% -16%>
Commercial Solvents
___*
-a22V4 a2214
Commonwealth Edison (Un)
23
a42 %
a40a42V4
Consolidated
Edison of N Y (Un)
•
—
a49V4 a49%
Consolidated Engineering
50o
-27% " 28
Continental Can Co (Un)
20
—
a75% a76%
_w..i^enta1 Motoib (Un>
1
al0% al0%
Crown
Zellerbacb
(Un),.
5
a76% a77%
Cudahy Packing Co (Un)
____10
—
a9
a9

Cum ax

England Elec System

New

4Va

50

37%
al ,V

6%

1

Citiy Multiplier

New

18% Feb

21% Mar

260

52"4
53
22% 22%
a66% aorta
75%
70
49% 49%

36%
alio

_w

—25
Chicago Corn (Un)
1
Chic Milw St Paul preferred (Un)__100
Ouip
25
(Un>

onto

&

cneb^peaae

61% Mar

1

Range sine* Job.

Shares

Low

1

(Un)
Chemical
York Central RR (Un)

Mar

a__

43

for Week

of Prices

Par4

High
Mining

Sales

Range

Last

Sale Price

16% Mar

60

25
2,8

17%
a47V2
a48
23V4 23V4
a4 % a4 V2
70c
75c
27%" 2714
18 % 18 Vb
17V4

Week's

Friday

Low

a59% a593/4

__

171/4

2?
STOCKS

High

Low

_10
12%
10

ENDED MAY

1

since Jan.

Range

anares

ot T rices

Par

.

Corp (Un)
J) Co (.Un)

Carrier

WEEK

for Week

Range

Last

FOR

Sales

Week'«

Friday
STOCKS

19

19

al8Vb al8'/a

18
18

Jan

50

73% Mar

25 %

500

25 % May

26 V4

40c

a47%

26%

475

a67% a697/s
__

18% May

Mar

100

102 Via 102 V4

23 Vb
a

/

3

23 Vb

25 %

al8%

261

a54V4 a54V4

30

40c

17,800

al2% a 12%

100

a46% a47%

123

a23%
a73'/4 a75%

80

111

4c

7.000

37c

a23 V4

4c

23 Va May

106%
"

24%
72

Jan
May

26

Apr
May

32% Feb
Feb
83

52%

Jan

587/e

Apr

24c

Jan

43c

Apr

11%

Jan

14

46 Va May

52

Jan

23

27%

Jan

May

71% Jan
4c

Jan

Apr

80% Apr
8c
Jan

The Commercial and Financial Chronicle
•44

...

Monday, May 30, 1955

(2500)

OUT-OF-TOWN MARKETS
WEEK

FOR

RANGE

MAY

ENDED

27

compilation 08 tto romnd-lot transactions

A

Last

STOCKS

Low

Acme Steel Co
Admiral Corp

Castings

Aluminum

Advanced

Manufacturing

Chalmers

AIlls

American Airlines (Un)

Co

Can

American

—

10

Co

American Cyanamld

Machine

American

Foundry.

A

American Motors Corp

Oil

Armco Steel
New

class

Develop

common

#.

A they

2,950

74

800

27

1,000

39%

58%

Washer

Jan

9%

36

Jan

61% Mar

70%

Jan

807/s

Apr

21

Jan

28%

Apr

200

38% May

44%

Jan

1,100

48% Mar

58% May

29%

29%

100

29% May

33%

30%

400

25

Jan

35%

Apr

10%

10%

1,800

10% May

13%

Feb

25%

Feb

21% Mar

400

24%

24%

183% 184%

800

70%

500

70

Jan

62%

186% Mar

Feb

173

72% May

7%

300

May

9%

Apr

1,500

47%

Jan

65%

Apr

75%

75%

100

67%

Jan

81%

Apr

37%

37%

300

36% May

39% May

15

15%

1,000

11% Mar

16% Feb

7

Co

Corp

100

Mar

7%

Jan

600

12%

Jan

14%

Jan

27

100

25%

Jan

27%

Feb

12%

900

8%

Jan

13%

Feb

34%

35%

500

40

Jan

6%

8%

5,900

7%

600

6

Mar

9% May
8% Apr

700

12

Jan

24 V2 Mar

57

Jan

65

Apr

Jan

3

May

G%

12%
12

12

13

27

13

4
10
S
3

7

6

,

8%

7

34% May
2%

New

Kansas

City

Kansas

Power

Katz

Oil

Co

Jan

(George W)

Borg

Brad

Sons

&

Foote

A

Brothers

C

34%

Jan

47 %

Apr

60

Feb

65

Jan

50

3,000

2%

2%

Jan

3%

Feb

16 % Mar

19%

1,500

23 %

Jan

31

29% May

200

Feb
Mar

28%

28%

400

23%

Jan

2%

2%

1,500

1%

Jan

33%

32

33%

1,400

29%

Jan

59%

59%

400

58% May

63%

Apr

23%

23%

400

21% Mar

26%

Jan

1%

1%

100

1%

Jan

2%

Jan

33%

33%

1,400

27%

Apr

36%

Feb

50

__

33%

Jan

24

Jan

28% May

100

8% Mar

xll% May

700

53

22%

1,300

64%

64%

300

27

27%

1,000

9%

2,350

42%

Jan
Feb

21

64% Mar
Jan

16 %

53% May

2^%

Jan

65% Mar
27%

Apr

common—

%%■ preferred

—

9

Jan

10

Feb

150

150

2

117%

Jan

150

Apr

*
29
1
100

Chrysler Corp

148

148

40

129%

Feb

150

May

75

77

1,100

66 %

Jan

32

32%

3,400

90%

93

Co

new

:

73

1

5

Co Inc

Consumers Power Co

of America
Motors Corp

common

Cud ahy

200

37%

200

33% May
34% May

29%

31%

150

26

Mar

16

Jan

34%

Feb

96%

Apr

33% May
45%

Jan

32%

Jan

17%

Feb

16%

16%

2,100

39%

42%

5,500

38% Mar

47%

46%

48

2,000

46 % May

48

46%

47%

600

46% May

50% Mar

64%

400

63

10%

46%

10%

200

45 %

200

20%

22

300

9

8%

10
1

(Un)

33%

37%

10
1
_2B

Container Corp

Jan
Jan

33%

42%
47 %

•

__,

26%
84

Apr

44%

1

29

common..,

550

82 %

64%

•

(Un)

Commonwealth Edison common

9

32
93
33%
37%
31%
16%

*

—

Gas System

46

600'

•

Chicago Towel Co common
$7 convertible preferred

Inc

100

26%

22%

gi/4

Ilium

May

50

52%

52%
22%

Chicago So Shore A So Bend RR__ 12.50

common

33% May

26%

27%

Chic Milw St Paul A Pac

Apr

50

29
1

1,600

22%

Lamson

&

Jan

May

67%

Feb

10% May

14%

Feb

37%

48

Co

Jan

6% Jan

9% May

Jan

23% Mar

16

Lines

Controller &

Emerson

Falstaff

Radio

Fox

Drive

Gamble-Skogmo

Genera!

Electric

36%

Jan

50% May

400

68% Mar

81% May

43

49'%

433

43

54

Jan

14%

14%

600

13%

16%

Feb

15%

100

13%

14%

2,400

15% May
11% Jan

3%

3%

Motors
Outdoor

3

General

,^-

#

u52

Adv

common

Corp

(when

(old

issued)

18

60

61%

51%

52

Lincoln

(Glenn

Motorola

3%

Feb

80 % Mar

46%

Jan

55%

14

Jan

300

32%

33%

52%

55%

37

89% Mar

17

Feb
Apr

107%

Jan

30% May

1,900

31 %

Jan

38

1,000

34

Jan

200

37

May

37% May

7%

1,800

7%

Feb

9%

Jan

Jan

5%

3

Jan

Apr

4% Mar

13%

13%

14

Jan

25%

25%

25%

2

20%

Jan

26

May

23%

23%

350

22%

Feb

25%

20%

13%

800

12% Mar

Jan

20%

20%

900

13%

Jan

22%

Apr

21%

21%

50

18%

Jan

22%

Apr

38%

37%

38%

1,700

37% May

48

Jan

47%

46 %

47%

200

45% Mar

48 % May

7% Mar

8% Jan

7%

7%

20Q

81%

-r

81 %

100

67%

Jan

87

May

32%

Jan

37

Apr

35%

35%

200

30%

27%

31%

-3.100

69

67

70

15%

15%

17

31 J/4

6%

6

72 % Mar

10% Mar

Feb

17

13

Jan

30%

Jan

35

9%

Feb

14%

1,200
1,600

3%

100

6%

Feb

May

1,000

20

9%

61%

700

32%

20

9%

43%

250

14

Xl3%

14

26 % May

16"%

2,300

Jan

Mar

7%

Apr

Jan

20% May

Jan

7

9% May

59

59

100

Jan

59% Mar-

94

97

500

68

Jan

97

24

24

500

23

May

34

28

28

60

27

May

29

77%

77

77%

1,400

;

52%

53%

300

11%

7,000

97
.

■■

,

50%

73%

Apr

May

Jan

,

' May

85%

Jan

44% Mar

53% May
11% May
23% Jan

7

Jan

19%

19%

19%

1,200

19

May

20%

21%

1,200

20% May

23%

5

71

67%

71

1,200

55%

Jan

71

42
Jl%
40%
56%

42

42

100

33

Jan

43% May

National

Lead

Co

Tile

National

10
1
(Un)

Illinois

Northern

Pacific

Ry

Manufacturing

Oak

Oil

Ohio

(new

Co

&

Oklahoma

Natural

Parker

B

preferred

Pennsylvania RR

Pfizer

(Un)

Co

& Co

(Chas)

Co

(Un)

Corp

Public Service

Indiana

of

Co

Company

Pure

Co

Oil

Oats

Quaker
RKO

new

Rlchman

Stockyards

Public Service

35% May

Apr

58%

Apr

19%

20%

3.000

17

Jan

20%

Feb

15%

15%

200

15% May

22%

Jan

15%

18 %

Jan

20%

1

17%

17%

17%

7%

7%

7%

1,000

5

Jan

8% May

21%

21%

200

15

Jan

22% May

26%

27%

1,100

22^/4

Jan

27%

(when issued)

Oil Corp
Socony Mobil Gas Co Inc (Un)
Work*

May
Jan

Co

•

17%

17%

200

16% Mar

Corp

«

2%

2%

100

1

16%

16%

100

16% May

19%

Feb

Studebaker-Packard

23%

24%

800

22%

26

Feb

Sunbeam

37%

37%

16

34 % Mar

37%

Feb

*

27

27%

300

24%

Jan

27 % May

3

15%

15%

1,200

13%

Jan

16 % Mar

18%

18%

900

18%

Apr

5%

9,100

1

38%

39%

150

10

30%

31

1

27%

27%
13

48

40

100

36

72 %

73%

300

70% May

77% Mar

14%

90

11% Mar

15
42 %

Mar

41%

100

38%

60

200

57

36%

35%

36%

31%

32%

Jan

41%

Apr
Jan

May

71 % Mar

300

May
34% May

40

100

30% Mar

33%

Jan

9%

Jan

9%

9%

9%

100

49%

49%

50%

1,400

8% May
37%

Jan

Apr

50% May

25%

Apr

23%

23%

23%

600

18%

Jan

44%

43%

45%

2,600

32%

Jan

48 % Mar

84%

84%

400

75%

Jan

89%

42

42%

COO

41% May

9%

500

44%

2.500

40

Mar

900

24

Jan

9%

2.50
10

44%

9

44 %

27

Jan

7%

Feb

42% May

9%

Apr

46% May
Mar

31

25%

26%

12%

12%

700

10%

Jan

13%

Feb

26%

26%

27%

500

25

Jan

28%

Apr

57%

58

160

60

Jan

16%

Feb

57%

Jan

xl4%

43%

15%

100

14 v«

Jan

42%

43%

600

34 % Mar

43% May
21

Feb

86

May

18

18%

300

86

18

17% May

86

100

74%

Jan

19%

20

800

19% May

54%

53%

54 %

500

49% Mar

52%

51%

52%

1,000

27%

27%

100

20

20 %

400

59%

60%

1,100

28%

28%

400

14%

15%

2.500

10%

2%

2%

2.200

1%

60%
15

20 % May

55%

Apr

Mar

56% Mar

24%

Jan

23% May

18

Jan

21% Mar

51%

Jan

62%

Apr

27%

Jan

28%

Jan

Jan

15 % May

50

Jan

3%

Feb

Jan

81%

Feb

42% May

49%

Jan

118%

Feb

*

76%

75%

77%

800

44 %

43%

44 %

3,200

111% 112%

500

106%

45%

46%

1,300

42%

Jan

47% May

25

25%

500

24%

Feb

27% Mar

13

12% Mar

74

Jan

18% May

5%

57% Mar

25

California

51

Jan

60

1

of Indiana

39

48%

41%

2%

500

500

156

60

Warrants

of

53%

14%

2

Oil

May

40

73%

«
•

•

common

Oil

49

53

5
Service

Standard

Jan

49

8

(Un).

Standard

36%

48%

53%

5
15

(Un)

Inc

Apr

200

22%

1

Sinclair

Spiegel

23

21%

49

5

Public

Mar

166

100

1,000

21%

___12

Co

Southern Pacific Co

29% Mar

Feb

17% Mar

157% 157%

1

Southern Co

Jan

50

•

Southwestern

35% May

Mar

*

class A

J.

Bend Lathe

27% May

50

Bears

South

Jan

1,200

27

300

•

common

20%

25%

54%

8chwitzer-Cummins Co

New

Apr

67% May

54%

5

&

79%

Jan

24%

5

Roebuck

Jan

55

Feb

Co

Co

66

800

22%

Paper

Paper

1,500

5

Tobacco class B

National

16%

67%

100

10

Bros

Jan

16%
66%

Feb

23 %

Spring & Axle

Rockwell

21

50c
•

Co

(Un)

Raisin

River

17% Mar

•

America (Un)

(R J)

21,500

1

common

Reynolds

19%

Apr

23%

5
(Un)

Manufacturing

Rexal Drug

Mar

Feb

l__5

(Un)

Remington Rand (Un)
Republic Steel Corp (Un)
New

30

32

•

common

Corp

of

Corp

Raytheon

(Un)

Co

Theatres

Feb

34% May

•
^

Pullman

24

100

3

Petroleum

750

300

*._1

(Un)

Corp

Phillips
Process

28%

35%

—12.50

Phelps Dodge Corp (Un)
Philco

61%

35%

*
5
25
50
100
33%c

Peoples Gas Light & Coke
Pepsi-Cola

43 %

Jan

34%

.____:

pr

Apr

Jan

47%

35%

-r>-_-2

Peabody Coal Co common™
convertible

11%

33

5

Patterson-Sargent Co
5%

27
34%

7% Jan

1,300
1,000

7.50

Gas

class

Co

Pen

16%
67%

0

.J"

World Airways (Un)

American

19%

700

Jan

May

10

(Un)

OAin-Mathleson Chem Corp
Pan

19%

1

Co

com)

Gas

28

10

Electric

Oklahoma

28

10

Bancorporation

Northwest

57

1

Co

Gas

11%
41

53

•

>

(Un)

North American Car Corp

Northern

11

39%

100

RR

Aviation

American

10%

5

Mfg

&

Central

York

North

11%

1

—;

National Standard Co

62

17%

24%
37%

*
•

A

Co

2

2

Jan

Jan

44% Mar

Standard

(Un)

13

62%

Standard Oil Co (Ohio)

10

Apr

18% May
3% Mar

Organ Co

Harnlscnfeger Corp

Brewing Co

.

..

Heln Werner Corp

13
48

25

Stone

*

Door

common

Co

;

Sundstrand

A

600

12%

200

11% May

56

57

200

42

45

42%

45%

3.100

1

23%

23 %

23%

2,400

25

Company

Co

13

11%

5

Tool

Machine

12%

12%
57

10

Sunray Mid Continent Oil Co
Swift

5
1

112'%

*

Corp

Corp

51%

51 %

51%

400

% Mar

#,31 %

Jan

13%
15%
57

Apr
Jan

May

45% May

23 % May

23% May

Mar

51% May

46

91

92

300

84

Jan

100%

Apr

23%

22%

23%

700

20%

Jan

25 %

M)ar

14%

14%

700

13"%

Jan

15

5

14%

2

(The)

51%

51

52%

1.450

44%

Jan

39%

40%

1.200

37% Mar

25

4% Mar

5% May

27

Jan

39% May

350

30

Jan

35

Jan

Trane

350

25%

Jan

27%

Feb

Transamerica

250

9%

Jan

13%

Apr

Trav-ler Radio Corp

1

500

44%

Jan

48%

Apr

Truax-Traer

1

20%

20%

100

18%

Jan

20%

Feb

9%

Feb

20th

1

28 %

28%

COO

26% Mar

31%

Jan

Jan

208

*

62

63

160

61% Mar

64

Jan

1.300

81 % Mar

94% May

31%

Thor Power Tool Co
Toledo

Edison
Co

Co

Corp
Coal

7%

7%

200

3%

Jan

30%

30%

200

27%

Jan

33

4.450

14%

Feb

16% Mav

Union

Apr

Union

Electric

Mar

Union

Oil

15%

16%

62%

63%

Indiana Steel Products Co

1

20

19%

20

Industrial

1

25%

25

25%

72

70%

72

•

32%

32%

33

200

•

38

37%

38

1,900

35

35%

300

34% May

96% 101%

200

8"?%

Jan

102

May

300

43%

Jan

47

23%

Jan

28%

2

common

Century-Fox Film
So

La

Salle

St

Corp

2%

2%

92%

3

94%

900

2% Mar

Feb

59% Mar
43%
4%

Apr
Jan

Mar

1,500

•

(The)

10

.

Corp
Corp

Container

1

Hupp Corporation

Brick

13

3

Hlbbard Spencer Bartlett

&

5%

1

Oil N J

Stewart-Warner

Texas

Hallicrafters Co

Illinois

3% Mar

100

21%

40%

Bros Cooperage class
Greyhound Corp (Un)

Sash

600

3

1

40%

Greif

Huttig

4%

5

59%

H)

(G)

pref

Co—__

Napco Industries Inc
Cylinder Gas
Distillers Prod

•

Great Lakes Dredge & Dock
Great Lakes Towing common

Helleman

4%
3

23 %

3

10

(Un)

Drug Stores

-Hammond

Co

&

100

•Goodyear Tire A Rubber Co

Graham-Paige

3% May

National

55% May

37%

7%

30% May

51 % May

3

1

$3.50

Co

Feb

113%

Jan

2% Mar

National

Regis

20% Mar

Jan

38

800

4%

10
1
10
25
41
—*
*

Inc

Louis

Jan

99%

3%

'

-

47

4
1

Cement

Manufacturing

Ward

Feb

3%

47

—10

$1 prior preferred _
Minneapolis Brewing Co
Mississippi River Fuel

Chemical

100
100

109% 109%

1
com

new

Utilities

Montgomery

19% May

•

(Uni

Co

Miller & Hart Inc common

Louis

2% Mar

100

Lt

Metropolitan Brick Inc
Mickelberry's Food Products

Monroe

Jan

•

Co

Portland

1,950

15%

•»

1

Portland Cement

Modine

19%

10

Martin

Missouri

24% Mar

17%

*

common—

Medusa

South

Jan

7
1
•

Cement Mfg
&

45%

21%

"

i

common

Field

120 % May

Jan

1,100

47

4

Lyturn's (Henry C) & Co

Marshall

May

22%

10

Co

Lindsay Chemical Co common
Louisville Gas & Electric of Ky

Marquette

40%

110

42%

1
33%c

Co

700

22%

•

1

(Un)

Printing

800

19%

*

Co

31% May

31%

Apr

42%

——__5
1

94% May
31% May

Jan

22%

8.75
1

(Un)

Corp

40

60 %

100

*

..

Co

Co

St

49% Mar

1,100

& Light
Light (Un)

&

&

St

17% May

17

31%

May
28% Mar

32% Mar

120 % 120%

31%

50

McNeil & Llbby

Apr

100

30%

100

Libby

3% May

zoo

97%

7%

14 %

10%

17

1,400

Leath

St

Jan

3

63% Mar

1,600

rr ^ao

94%

Sessions

17% Mar

Feb

37

1

Jan

Jan

55%

com)_.10
10

Gibson Refrigerator Co

May

Jan

9%

33 %

6

Feb

57'/a

30%

'97

Mar

100

95%

,;

*

common

37
24

2,800

3

2%

2^500

Apr

Jan
Mar

200

63

62%
18

4.

1

Package Corp

Corp

Corp

Telephone

!62%
(2%

■

9%

9%
,

5

Finance

Grlesedieck

200

80%

3%

__5

General

(W

50%

2

Co

General

Gray

50%

14

_i

Corp

General

-Gossard

23 %

5

'

Dynamics

Co

Apr

15%

10

General Box Corp__.

Glldden

56% May

20%

49 %
14%

.—1.25

Inc

common

43 % Mar

200

80%

5

Auto

General

New

500

21

1

General Contract

General

56%

50%

American Transportation__2.50

General

56%
21

5
(Un)

Brewing

(Peter)

20

10

Mfg

Phono

&

Brewing Corp

Four-Wheel

33%

100

.

1

Inc

Eastman Kodak Co (Un)

Electric

31% May

1,300

23%

1

Drewerys Ltd USA Inc
Air

1,600

36

23 %

8

Dow Chemical Co
Eastern

32%

35%

23%

10

Corp

Manufacturing

Dodge

35%

31%

20

_

CO CO

94%

Jan

Mar

36

10

Company
Edison

Detroit

37%

94%

Development

&

Radio

Deere

38%

Laclede Gas Co

New

2%

xll% Xll%

26%

1

;

*
•

Packing Co
Curtis-Wright Corp

1,000

64

2%

10

common

Chicago Corp common
$3 convertible
preferred

Crane Co

44%

28%

Serv

Corp

Chesapeake A Ohio (Un)

Continental

Feb

2%

.______*

Light Co—
Pub

Cement Corp

Apr

28%

15

8

Illinois

Columbia

22%

Jan

64

• X

Illinois

Con

Jan

24%

42%

50c

111

Coleman

Mar

25

28
10

Central

Foods

Apr

16%

29%

______

Central

Clinton

Jan

147%

200

17

of America.

Electric

21

Jan

1,850

28%

Brewing Corp
Central A South West Corp

Cleveland

104%

26

17

Centlivre

4

Jan

18

29%

,

Cleveland Cliff's Iron

Apr

1%

10c

common

Secur

57%

17%

1
8

Carrier Corp common

Central

31% May

Feb

26

18

2%

Super

Cblanese Corp

Mar

1

150

43%

Corp
Canadian Pacific (Un)

C

21%

26

48% May

100

*
_20c

_________

Works

Burlington Industries Inc
Burroughs Corp (Un)
Butler

200

10
5

J)

(E

Gear

1,500

1%

21%

—8

Borg-Warner Corp
Brach

54%

130% 130%

1

Corp

2%

600

31

1%

__

•

Booth Fisheries Corp

1,400

52%

54%

lp

Sinks Manufacturing Co

50

3

30%

10

Corp new com ....—5

Aviation

Benguet Consol Mining Co (Un)
Bethlehem Steel Corp (Un)

60

3

50c

Bearings
Inc
«.
Belden Manufacturing Co
Bendix

60

19
*

Baidwln-Llma-Hamllton (Un)
Bastian-Blessing

17

.10

(old com)__l
(when issued)
33%c

Power

Forge

Kropp

35

Jan

100

Monarch

Knapp

Jan

26%

27%

Copper

&

14% May

35

Kimberly-Clark Corp
Kk>

Jan

27%

Co

Drug

Kennecott

14%

12%
30%

14%

500

35

preferred

Jan- 1
High

Low

High

27%

Chemical

&

common

conv

Middle

16%

«

Electric

&

Light Co

Jones & Laughlln Steel (Un)

5%

" ,"

—V

Range since

Shares

III10

Gas
&

Kaiser Alum

Feb

30

70
7

1
*

Corp

Products

Feb

10% Mar

62%

preferred

2nd

30%

61%

Refining common

Atlantic Refining Co
Avco Mfg

50%

6%

conv

Automatic

Jan

56%

"Warrants

Ashland Oil A
$1.50

Jan

7%

80

(111) common

Armour A Co

Mar

7%

3,400

39

—

5

com

(Un)

Corp

26

2,750

9%

10
10
8

A

Mining (Un)

Anaconda Copper

400

10%

26%

24%

100
28

American Tobacco
Amurex

26%

Jan

48%

32% May

10%

S

(Un)

American Had & Stand San

American Tel A Tel Co

Jan

j

•

—.—

26

72%

x57%
29%

1
-7

(111)_—

American Investment Co

40% Mar

400

45%

47
74
27
39%

.12.50

_——

400

32%

8%

9

*
20
1

42%

10

10

1

Alleghany Corp (Un)
Allied Laboratories

High

31%

__

Power

_3.50

—_

Bit*

Lots

42

42%

Illinois

Iowa

1

Jan.

Co

Power

Iowa

Range sinee

Shares

26

•
——10
1
0

Abbott Laboratories

Interstate

for Week

Range
of Prices

Sale Frlee
Fur

Low

Fur

only

for Week

Range
of Prices

Sale Price

Bales

Week's

Friday

Last

STOCKS

Exchange

Bale*

Week's

Friday

Midwest Stock

Illinois

Inland

Central

10

RR

Development

Steel

Co

"

Interlake Steamship Co
International Harvester

2

International Mineral A Chemical
International Paper

International

Shoe

(Uni

3
750

Co

footnotes

see

101%
44

_*

International Tel A Tel
For

16%

*

(Un)
page




—__

51.

_♦

.

44

44

28

26%

28%

Carbide

&

Carbon

200

59% Jan

65 %

1,100

18% Mav

23

225

16%

Jan

United

Air

700

68%

Jan

25% May
75% Jan

United

States

28%

Jan

35%

Feb

U

S

Jan

39 % Mar

U

S

Rubber

41%

Corp

Industries

35%

U S Steel Corp common

Jan

Apr

New

Van

of

Lines

Missouri

Iron

•
10

Inc

10

20

43%

265

(when
Works

5

_•

issued)

16%
•

30%

800

27% Jan

51

400

50

43%

43%

500

34%

265

265

100

215

May
Jan
Mar

14

14

200

13% May

j-

45%

48

700

40%

Feb

84%

82

84%

800

67%

Feb

42

41%

42%

900

40% May

10%

10%

11

1

(Un)

30%
50%

30%

25

Gypsum

Co

common

Dorn

of

Calif

1,350

8%

Jan

Apr

59

Feb

48%

Apr

265

May
16% Mar

48%

Apr

88

Apr

43% May

15% Mar

Volume

Number 5433

181

The Commercial and Financial Chronicle

...

(2501)

45

OUT-OF-TOWN MARKETS
RANGE
Week's

Friday

iV,;;/:

Last

STOCKS

Sale Price

of Prices

Par

Walgreen
Western

Co

Union

Telegraph

_

1

30% May

76% Jan

101 % May

100

Motor

$4.25

800

34 Va

35%

38

38

17%

17%

85

85

30

—

20%

20%

35%
•

——

*

Corp
_

Yates-American

33

May

26 V# May

Feb

22 %

Jan

37%

Apr

Arkansas Louisiana Gas Corp

100

35

Jan

42

Jan

Armco

200

15

Feb

20% Jan

84

May

Machine

Co

JS

_

Jan

Atlantic

311/# Jan

Atlas

Jan

Atok-Big

May

52% Jan

Avco

10% Jan

500
300

21%

800

46

13

Refining Co

Corp

Low

Tow

High

High

100

184 V#

*

25%

25%

26

436

24% Apr

28% Mar

Bolsa

Atlantic City Electric Co
Baldwin Lima-Hamilton

10

42%

41%

42%

559

34%

Jan

42 %

Borden

13

16%

16%

17%

351

12

Jan

24% Mar

Baldwin

lc

4'A

550

Corp

50%

337

48% May

183% 184%

1,494

Jan

4

—

3%

Jan

58'A

Feb

186% Mar

4

May

'A May

Baltimore Transit Co—

Budd

Company
Campbell Soup Co_.
Chrysler Corp
Curtis Publishing Co

16%

1

21%

21% '■

241

15%;

41

42 V#

537

38 % Mar

Delaware Power &. Light
Duquesne Light Co

75%

77

375

66%

83

7

—

7%

9% Jan

680

7

Jan

Jan

May

18%

Apr

22%

Apr

Oarfinckel

convertible

4% %
General

Motors

Gimbel

Oil

Chica

35%

685

35 V#

35%

1,634

34

Jan

37% Mar

30'A

270

28

Jan

34% Feb

27%

29%

310

23 %

Jan

29% May

27'A

29%

27

23%

Jan

29'A May

(The)

5

vtc

97%

95'A

97%

25%

25 Ve

26

2,096

89% Mar

530

%

--

30% Jan

%

20 Va

800

Jan

35% May

107

Jan

26

May
%

Va May

*

common

18%

19

154

16%

15

common

Co

Lehigh Coal & Navigation
Martin

„

5

Hamilton Watch
Hecht

34%

25

1

28%

30

275

26% Mar

12%

207

11 Va Mar

Jan

30

13%

Jan

20 %

Feb
Mar

10

12%

12%

1

(Glenn L)

Merck & Co Inc

30%

28 Va

31

253

26% May

43%

Feb

--

24%

24%

295

20%

30%

Apr

16%o

Corp
Pennsylvania Power & Light com
Pennsylvania RR
Pennsylvania Salt Mfg
Pennsylvania Water & Power Co
Peoples Drug Stores Inc
Philaaeipma Electric common
$1 div preference common
Philadelphia

1

16%

16%

17

_•

45%

45%

50

27%

25%

10

47%

47

48%

776

—

48 Va

48%

318

36%

36%

100

38%

38 %

39

—

25%

25%

•

—

5

Jan

Jan

»

613

16

Jan

47

1,346

42

Mar

27%

2.935

21%

-

3,330
100

18% Mar

Borg-Warner
Hill

Participating

12%

20

preferred

(Un)

com

new

Inc
(Un)

Public

Service
div

$1.40

Reading
Scott

Sun

Gas

&

preference

Co

12%

;

11%

12%

3,648

Co

48%

Service

Clary

Chemical

Clorox

45% Mar

51% Feb

Colorado

45

Mar

48% May

Columbia

35

Jan

36% May

37% Jan

40 % Mar

25%

25% Mar

Jan

Fuel

New

class

New

class

Columbia

11%

Jan

15%

Jan

19

42% Mar

44%

31

31%

1,099

28%

31%

Apr
Feb

Consolidated

31%

31%

100

29% Jan

33%

Apr

Continental

Motors

Oil Co

36%

36 %

36%

65

31% Jan

36% Max

Corn

64"

63 Va

64

1,463

55'A Mar

64%

Crocker

444

67'/a Jan

75% Mar

1,300

5% Jan

31%
—

Feb

6%

Apr
Feb

Rights

Chem

Indus

Natural

i

w

Gas

Curtiss-Wright

497

36%

Jan

38%

Jan

42%

98%

98%

5

98%

Apr

19%

19%

400

19%

Feb

16%

16 %

100

14%

Jan

17%

Apr

Dominguez

39%

39%

185

36 %

Jan

40

Jan

Dow

—

79

79%

Feb
Jan

100

20% Mar

$2,500

76% Mar

81%

Apr

Di

Steel

'B'

Chemical

deNemours

Eastern

Capwell

Rockwell

United

Share*

Range

Hiah

Spring

&

States

Westinghouse

Air

Westinghouse

Electric

419

27%

36

May

23%

612

21% Mar

26%

100

18%

25

545

33% Jan

23 Va

23%

24%
—

24%

38

38

—

al5%

a

6

;

15% al6%

130

Jan

Jan

14%

Jan

755

5]g May

7ft Feb

755

28% Mar

33 V# May

17

17%

737

48 'A

49 V*

1,415

a49% a49%

50

17%
.

L-i.'-

a49%

23'A

23%

375

76c

23%

81c

6,900

78c

39%

16% Mar
45% May
a__

39%

40

—

21 % Mar

75c

31%

Jan

67

52%

743

42%

Jan

27%

300

19%

Jan

52% May
28 Va May

a65%

a67

105

47%

Feb

65% May

77

77

399

66%

Jan

83

a47Vs a47%

a67

581

52%
27%

561

48

Apr

147

634

15% Mar

17'/#

Feb

22

100

20%

Jan

26 Va

Feb

42

42

305

39%

Apr

47% Jan

144

147

510

a

15% al5Ve

50

13% Jan

17%

Apr

a49 % a49%

50

45'A

Jan

51%

Feb

a33% a34%

62

33

Apr

33%

Jan

a__

124

Allls-Chalmers
Aluminium

American

High

General

Trailer

a9

aa

25

10%

10%

10%

240

10% May

14%

80%

80%

100

75% Mar

82'A

29

28 %

29

595

28 %

May

29

98

99

70

96

Mar

100

76%

76%

461

55%

Jan

76% May

20%

22

630

16

Jan

24

5

(Un)—25
«—25

98

5
22

1

*
•

Amer

42%
31%
26%

5

18

18

18

439

Jan

(Un)

Feb

20

Feb

1%

670

1% Mar

2%

33'A

175

32% May

34 %

Feb

73%

68

62% Mar

78% May

8%

8%

70

7% Mar

8% May

33%

54

2b %

27%

8c

5

14%

14

1

8c

14%

7

7

190

1.000
378

100

24

Jan

34% Mar

Mar

29%

28% May

7c

Jan

10c

13%

Jan

16'A

7

May

10

26

26

27%

304

25%

12.50

69

67%

70%

311

67% May

Jan

8

Jan

Apr
"■ Jan

32% Feb
82%

Jan

Utilities

Gladding McBean &
Goebel Brewing Co

10
1

Co

118

41%

Jan

60%

Jan

71 % Mar

33 % May

34% May

5

34%

645

600

51

95%

51%
96%

1

Can

Cyanamid

•

32

76% Mar
89% Mar

(Un)

com

Motors (Un)

American

Pot &

47%

24

25

32

1,260

8%

8%

300
138

73%

1

1

23%

45

33% Mar

36%

Apr

a52 a56'A

127

35 %

Jan

52'A

20

70 Va

Apr

73%

Apr
Feb

21

Jan

23% May

8
Apr
54% Mar

60% Mar

Jan

3% Mar
42% Mar

22%

a8

23%

850

High
44%

Apr

a8

13

59 %

178

a2%

a2%

50

•

40%

40%

165

36%

Jan

3

15%

15%

443

13%

Jan

Hancock oil Co class A

1

31%

33

964

44%

14%

2

.3

Chem

class B_<

American Radiator & s S

(Un)

a

10%

•

6

29

14

966

16%

Apr

1

1.25

1.30

300

1.15 May

2.40

Jan

Holly

Oil

1

2.60

2.60

140

2.55

May

4.75

Jan

Pineapple

Hunt

Foods

40%

41%

375

40 Va May

47%

Feb

*

78%

78%

245

77 Va

Apr

85

Feb

.6%

Mining Co

Oil

Honolulu

Ltd

Co

(Un)

Co

Homestake

26%

28%

200

23'A

Apr

28% May

12"A

(Un)

Corp
Inc.

Idaho

Mary

Idaho

Power Co

Mines Corp (Un)

40%

89c

90c

1

92c

12,000

89c

lo

a29%

a29%

a30

68

International Harvester

•

37%

37%

37%

.1,039

(Can) (Un)..*
(Un)—
7%

67%

67

67%

220

a96% a98%
27
28 %

90

87%

1,113

23%

900

8%

common

new

com

33 %c

—

9%

X

94

31%

*

Chem old—

i

Jan

Kansas

Power &

(Un)

Light

7%

Mar
Jan

72

32% May

9%

Jan

82

160

32% Mar

39%

58%

95

840

30

119

130

81%

Jan

5

2,732

2%

75

21 Va

Jan

40

Jan

46

13%

Jan

23 %

Apr

40 % May

62%

Feb

21%

Jan

42

42

20 Vs

20 Va

20 Vs

140

47%

45

48%

1,826

Jan

31

•

21Va

20%

21 %

33%

a31

110

39%

39%

300

38% May

43%

58%

718

48

53% May

May
Jan

Lnew's

Aircraft

Tnr

Macy & Co

75

10% May

13%

Jan

Marchan*

68%

Jan

68%

Jan

Marine

Mar

25%

Feb

239

62%

Feb

72% May

Corp.

(TTn>

•

(R H) com
(Un)

1

Magna vox Co

55

a69% a70%




Jan

1

50% Apr
186% Mar

51.

Apr

Jan

7

Apr

Jan

page

112

99

48%

Lockheed

Apr

173%

a69%

May

156

Llbby McNeill & Llbby;

41% Jan

Apr

5

25% Mar

536

28%

22

120

54%

53'A

80%

619

May

109% :109'A

89% May

165

see

-

53%

Jan

1,110

25

'

„

Apr
Apr
May

31 % May

Jan

a27% a27%

„

31%

Jan

24%

Jan

30

Jan

24%

May

119

75%

ainv„ »m%.

91%

320

1,055

21

Mar

Apr

9% Mar

95

930

22%

28%

Feb

82

2%

.

67% May
99% May

4%

— —

•

(Un)

Co

Apr

38

210

184 184%

100

(Un)

County Land

Jan
Jan

58%

Apr

102 Va May

a48 a48%

Co

Kennecott Copper Coro

Kern

58%

39% Mar

81%

——

8%

_

Jan

Jan

38

....1

CorD—

35%

82

50

Motors

9%

1.25

May

a__

'

10

(Un)

cu«>*»]

w

9%

(Un)

Corp
&

(Un)—•

33 %C

Co.—.

common

Jan

Smelting & Refining (Un>__*

footnotes

New

Tel

4

Preferred

47%

Tel & Tel

For

Tel

T.fiiiahHn

29%

American

Co

OH

Jan

93% Mar

Jan

•

Development So

May

American

American Tobacco

16% Mar

Holly

Hawaiian

33

284

27

a79% a79%
24%

Jan

31% May
12% Feb

Kaiser

a30%
'

9

a8

59%

Kaiser Aluminum

56"%

_.

Jan

a67 a69%

73%

26%

a30%

10

Feb

84% May
104

a36% a36%
a56 %

a92 a93 %

12%

(Un)_

Co

American

41% May

35

31%

__

Jan

% May

55 V#

46% Jan

30

Jan
Mar

77% Mar

Mar

1,917

/if

*

.Ton**

Low

297

all3% al08%all3%

1

1

5

Johns-Manville

Range ainee Jan.

a63 a63 %

20

(Un)

Co

42'A

Sales
Shares

a25% a25%

*

Apr

Goodyear Tire & Rubber (Un)
Graham-Paige Corp (Un)
Great Northern Ry

Intex

for Week

fflrrh

42%

,_1

May

52

May

1,460

~

Bdst-Para Theatres

American

Week'*
ef Prices
Tow

■

Apr

a49

a85% a85 %

1

(The)

International

Exchange

Range

25

May

48%
81

Jan

33

2b%

199

Mar

Greyhound Corp

30

72%

73%

*

Jan

41 % Mar

67

33%

5

10

33%

10

158%

187

a67 % a67%

34%

8

Co

1%

25

50

81

a47%

a49

•

Public

31% May

16

(Un)
common

Telephone Corp (Un)

Jan

a

81

51%

(Un)

Co

Corp

General

Jan

225

191

53
Apr
56% May
17% Mar

Jan

8

26%

Electric

Gillette

37%

192%

a

Jan

44

General

27

14

47%

Jan

31'A

25% Jan

43% Mar

263

53

80
43

526

16%

35%

Jan

Jan

1,447

56%

a45% a48%

*

Feb

Mar

48'A

2.50 Mar

707

35

110

48

56

3

7%

45

Jan

16%

1

17%

28%

Apr

17%

Jan

48'A

10

37% Mar

25% Apr

18

Feb

2.35

657

26%

Jan

Apr

15%

540

44%

26%

Jan

5% May

15%

146

2.40

2.40

64%

42%

lo'/8

34

1

16%

16%

44

26 %

•

American

Jan

61%

321

(Un)

Apr

Mar

44%

274

(Un)

Feb

May

63%

1,247

5

com

a—

al6% al6%
2.40

—25

(Un)

(Un)

Corp

6%

1

Mfg Co

Apr

3

Dynamics

35%

Ltd

161

Chemical Corp—10
Co
1

16%

common.

Airlines Inc

Jan

26

5%

(Un)

a

16%

22

52%

35%

5

Corp

—

16%

Feb

16%

Last

Dye

Apr

a

Jan

35%

(Un)
&

Apr

25%

47 V2

Foods

Par

Corp

9% Mar
60

21%

Motors Corn

Friday

Chemical

Jan

138

General

Sale Price

Allied

Apr
50% Mar

6% May

748

General

stocks

Air

Feb

51

General

San Francisco Stock

Alleghany

Jan

1.10 J*n

1A

Apr

Corporation
Reduction Co (Un)

'

25%

22%

Apr

Admiral

Apr

49 % May

1A

Mar

(Un)

18%
a

May

International Nickel Co

Abbott Laboratories

Apr

6%
33Va

•

(Un)

Co

International Paper Co

ACF Industries Inc

16%

6AJ
32%

As

22%

42%

Corp

Jan

Apr
41% May

49%

31

Brake

33%

51

48%

Foundry Co

33'A

1A

35

common

33%

Jan

1
20

May

lOc

Glass

Mar

a—

Co

32 %

Axle

Apr

30

.

70

Ltd

Machinery &

Fruehauf

1

rinee Jan.

Low

Corp

Plantation

Food

25% Mar

Toy Mining

United Engineering &

20

20

39% Jan

Corp

16%

23% Jan

10

a28 % a29 %

Co

10

;

Feb

Jan

155

16%

i

w

91

eommon._2.50

Pittsburgh Screw & Bolt
Plymouth Oil Corp
San

of Prices

common

40

+,

306

•

new

Inc

—10

preferred

16%

Apr

29 Va

a29%

Co (Un>

&

Lines

Air

16%

Glass

15 %

17%

16%

Jan
Mar

29 Va

al8% al8%

5

—10

Plate

47%

a__

Co

26 %

.Ifio

convertible

Feb

Laboratories class A (Un)_10c

Mont

Eureka

"

$2.50

36%

5

32 %

Harbison Walker Refractories

Pittsburgh

355

Feb

5%

29%

'A' common—5

Mfg Co
Oil Fields

44%

+

—

43

common

25%

*

Co

69

a28% a30»/«

(Un)

Corp

44%

—5

Brewing

61% Jan

a30%

Corp common

32%

Corp

174

Jan

87

21% Mar

(Un)

Bank

25%

Co

Co

Pittsburgh

3% May

May

57

232

Doernbecher

Ewa

for Week

Range
Low

Columbia Gas System

Natco

100

a64Va a65%
43 Va
44

a64%

1

(Del)

Giorgio Fruit Corp

New

Sales

Week's

Last

Supply

3%

■

Jan

6

39% Mar

654

duPont

Gas

3%

Apr

17

Jan

4%

25

(Un)

Natl

Zellerbach

Crown

38%

Sale Price

Fuel

1,078

v

40%

Par

Star

66 Va

10% May

a9 '1

Refining

First

37%

stocks

Mountain

62%

——

—

Products

40%

Friday

Lone

4,580

Co (Un)—10

44%

1975

Duquesne Brewing
Duquesne Light
Equitable Gas Co

359

4%

5

44'A

Piltsburgh Slock Exchange

Cork

10%

23%

class A

Consolidated Edison of N Y

Emporium

Ludlum

147%

4%

49%

(Un)
El Paso Natural Gas Co

Blaw-Knox

Jan

1% May

Apr

152

Eastman Kodak Co

Allegheny

1

103%

Apr

10 Va

•
1
25

Consolidated

BONDS

Armstrong

10

407

53 %

Consolidated Coppermines

10

A

al%

53

(Un)

Apr

20

ser

Apr

al%

132 % 132 %

890

(Un)

System

Feb

10

4s

57%

2.50

B

Solvents

Apr

*

Transit Co

52% May

6'/.

Commonwealth Edison

Du

Baltimore

143

2.50

15%

37 V#

common

Jan

Apr

•

A

Gas

•

Coal

24%

6%

Iron

&

22%

13 Mi

Lothrop

46

28

Broadcasting—

41%

6%

&

Jan

20% May
24% May

3%

Jan

70%

Woodwaid

36%

50

47/»

2

Co

19%

6 %

Westmoreland

4% May

Feb

12 Va May

70 Va

:

Apr

1

36 Va Mar

6%

Inc

Apr

19%

Jan

100

—b.

1%

Corp

919

70%

preferred

9%

Jan

3%

a52 a54%

10

298

1

$4.25

Mar

12 va

100
200

132 V4

8

(Un)

Co

3,416

•

Westmoreland

8 As

955

46

(Un)

21%

Co

Gas Improvement
Washington Gas Light common

65

17

4 l/a

.

—28
Case (J I) & Co (Un)
12%
Caterpillar Tractor Co new
10
4.20% preferred
100
Celanese Corp of America
——*
Central Eureka Corp
1
Chance Vought Aircraft
1
Chesapeake & Ohio Rv (Un)
—28
Chicago Milw St Paul RR com (Un)—*
Preferred
(Un)
100
Chrysler
Corp
26
Canadian Pacific Ry

12%

—o

United

Apr

alO

5.50

40%

Corp

United

Jan

8%

Jan

4 Va

2%

Packing Corp
Canada Dry Ginger Ale (Un)
Canadian Atlantic Oil Co Ltd

20%

50

Co

Apr

6
10

12 Va

*

.

6%

39% Feb

46

(Un)—5
—10

Burroughs Corporation
Byron Jackson Co

39%

•

com

com

common

Paper
Oil

Electric

Ffcb

lo%

8

Stores

50

series A preferred

38c

oan

20%
20%
a25% a25%

PI

(Un)

Continental

3.60'/l

Apr

—

1
5

io

common

33c

100

.3
Power

48%

alO

(Un)

Sullivan

&

Commercial
10

Philco Corp
Potomac Electric

Jan

1.*%

16 Va

16 V2

16

Corp

Broadway-Hale

29% Mar

Jan

Transportation Co—

Common

40%

1
lc

(Un)

co

Cities
Pennroad

34% May

213

1,095

Corp

Cement

29%

A common

555

2,950

vOu;—.-.1

Corp

Ink Co

29%

Brothers

Goldenberg Co class

332

35

7%

(Un)

Corp

Calaveras

35%

Corp

15%

34c

1

California

35%

50c

Feb
Jan

a46 a46%
7

Corp

Jan

•

preferred

16%
79%

39% May

15%

33c

Inc

Inst

Apr

9%

13'/a
lo

common

Battery
(Julius) common

a_.

34%

35

—J

California

Electric Storage

36"% May

Apr
May

44% Apr

76

.25

430

41%

.1.80

16%

21%

5

6

10

Blair

Bunker
1

Jan

2
1
B
1

Tel & Tel

Securities

Jan

Oil Co
Holdings Corp (Un)
Boeing Airplane Co (Un)

American

Common

16%
67%

95.

Bishop

•

Corp

25

146

•

Co

Arundel

—

a38

Bethlehem Steel

Stores

49%

a—

al5

(Un>

Benguet Cons Mining Cop
(Un)

Range since Jan. 1

American

50

116

74%

Oil & Gas class A

Aviation

Bendix

Shares

a41

-P 2

Aircraft

Beech

for Week

of Prices

60

al5

(Un)

Ohio RR

&

Beckman

Bales

Range

Sale Price
Par

65%

Jan

6

Securities

Baltimore

Philadelphia-Baltimore Stock Exchange
Week's

Jan

54

74%

(Un)

Corp

Baley Selburn

Last

47%

1,466

a37 %

Wedge

Mfg

Baldwin

Friday

676

60

-10

(Un)

Balawin-Lima-Hamliton

stocks

Apr

63'A

—10
com

48%

13% May

23

47%

1,700

(111)

High

Mar

59 %

__5

(Un)

Corp old com

Armour & Co

22% Mar
34 % May
24% Feb

1

Low
40

235

61%

-20

New common w i

Jan

19 %

900

13

13

90

Steel

since Jan.

Range

High

a46 % a47%

Archer-Daniels-Midland Co

400

33%

63%

Shares

a40%

82

22 3A

—

—10

-

a47%

-60

(Un)
Anaconda Copper Mining (Un)
Anglo Calif National Bank

67% May

47%

10

Co

W)

—

10

.

Public Service
(F

69%

25

■

Bankshares

Woolworth

67%

•

common

Wisconsin Electric Power
Wisconsin

1,200

1

Inc

preferred

Wisconsin

25%

—12%

Co.

Wieboldt Stores

25%

——

Westinghouse Electric Corp
Whirlpool Corp
White

25%

2.50

common

Low

-25

Viscose Corp

American

for Week

Range
of Prices

Par

High

27'A Jan

200

101 % 101%

10

.

Range since Jan.
Low

30

Sales

Week's

Last

Sale Price

'

New

27

Friday

aigh

30

— —

WEEK ENDED MAT

stocks

Shares

LiUVO

10

-

—

_

FOR

Sales
for Week

Range

Menasco

Bobbins

Mfg. Co

(Un)
Inc

23%

•

...

18

(Un).
_

.1

30%
29
—

—

Feb

780

17% Mar

33%

480

27 JA Mar

33% May

a35% i a36%

112

24

Jan

36% May

23%

1,126

21'A

Feb

25%

75

Jan

23%
90

„

1

(Glenn)

Navigation Co

McKesson

—

*

Bancorporation (Un)

Martin Co
Matson

8

Calculators

—

50

90

50

28%

31V#

875

90

26% May

615
106

40% Mar

5%

10?

30

24% Mar

a41% :a42%

43%

28%
5%

29

3c

Apr

Apr
May
Feb
Apr

42%
'•

Apr

8c

May

Chronicle

The Commercial and Financial

46

.

.

.

Monday, May 30, 1955

(2502)

OUT-OF-TOWN MARKETS
RANGE

WEEK

FOR

27

MAY

ENDED

Merck

ft

10
Mother Lode Mines—.—.plO

Mindanao
M

J

Inc

Utilities

7c
71c

Oil Co (Un)——
—10
Portld Cement pfd
(Un)_10

& M

M

Monolith

—5
—*

Montana-Dakota Utilities (Unl
Co._

Power

Montana

National

Gypsum

5

—

•

—

a33%
56V2

Niagara Mohawk Power
——.•
North American Aviation
(Un)
1
North
American Invest common-.—1

Railway

Northern

Pacific

Northrop

3%
46%

—-

12

(Un)

Edison Co

Ohio

16%

1

Co.

Oil

•

—

Mathleson Chemical

Com

Apr

76c

Apr

a54

Jan

32

Feb

Shasta

28

Jan

Shell

Jan

175

25

Jan

35%

Apr

87%

Jan

421

73% May
20% May

23%

46% Mar

55

7%

Jan

10

Apr

C43

16%

Jan

17%

Apr

457

31%

Jan

43%

30

Jan

33%

47% May

63

19

Feb

150

21%

Jan

28% May
23% Feb

215

56%

Jan

78

318

May

Apr

24% May

590

610

39%

13%

1,075

16% May

Jan

48%

47%

5%%

Jan

109

69%

Apr

72%

Feb

Southwestern

52% Mar

57%

Apr

Sperry

pfd—
1st preferred..
red preferred

5%

5%

red

5%

—:

pfd ser A
preferred—

__

—

a27%

25
Pacific Lighting Corp common
•
Pacific Oil & Gas Development—.33%c
1st

4.50%

Ltd

Petroleums

Pacific

Tel

Pacific

Tel

Pacific

Western

Palmer

Apr

World

American

Pan

Mill

Puget Sound Pulp & Timber

Apr

Stanley Warner Corp (Un).

Apr

29

Feb

31 %

Sterllng Drug Inc (Un)
Studebaker Packard

195

Jan

common

new

Preferred

(Un

New

common

w

37%

55

37% Mar

42% May

1,390

12%

10% Mar

480

129%

65
456

57

Jan

Mar

&

St

Transamerica

a98

75

21

Apr

Jan

62%

Apr

74%

Jan

92% May
28%

Jan

72% May
15

38%

38%

381

37 % Mar

75%

77%

2,243

•
1

76%
44%

44%

44%

112

111%

112

40%

Apr

Jan

81%

Feb

48%

Jan

835

107%

Feb

119

Jan

Feb

22%

a20% a20%

45

19%

Apr

a50 a50%

80

44

Jan

49

Apr

15%

Jan

23% May

12

11%

12

489

11% May

23%

23%

23%

1,235

22% May

40%

40%

200

18

18%

300

12

Jan

13 % Mav

a52% a52%

10
1

50

46%

Jan

51%

250

42%

Jan

43

48

.7.50

48

39

42

38% Mar

42% May

603

14

Mar

19 J/8 May

94

19%

24

Jan

27

Jan

28

39%

39 %■

150

40%

3,637

■

Feb

95 %

Feb

88

a26% a26%
28

Apr
May

107

42%

18%

18%

Mar

49

May

745

a91 % 92%

a92%

2

!

Apr

May

44% May

73%

150

—

Corp
Airlines Inc

29

Mar

28

Mar

37% Mar

43%

Apr

26%

Jan

33%

Apr

27%

31%

31%

122

—1

25%

25%

100

25% Mar

—•
Union Electric Co of Mo
.10
Union Oil Co of California common—25
Union Sugar common.—
.—12%
United Aircraft Corp (Un)
0

94

94

657

82

Jan

94

27%

Feb

31%

—fl

29 %

Apr

Trans

Jan

23

Apr

Trl-Continental Corp (Un)

100

49

Mar

58

Mar

36

Mar

40% Mar

4%

a35% a36%

8%

Jan

36%

163

*

Jan

57% May

75% Mar
13% Mar

50% May
Feb

71

39%

World

36

May

United

Apr

Feb

44%

51

629

30

33%

860

26%

Jan

315

60%

Jan

80 '/a May

38%

Apr

39%

18%

j till

25 %

Jan

48

Feb

83%

84%

352

90%

New

Apr

31%

S. Steel

i_,

w

31%

Apr

1,183

50% May

58%

Feb

27

29%

1, *4t)

26%

29% May

76

364

66% May

90%

Jan

248

34 %

Jan

47%

Apr

389

51%

Feb

57% May

32%

470

32

76

43%

43%

a56%

a58%

58%

a

32

■

Jan

May

35 %

Jan
Apr

48

48

285

40% Mar

48

84%

84%

84%

321

68

Jan

83

—16%
42
*
10"Sa69%
5

42%

920

aG9 %

%

5

3%

3%

200

14 %

14%

100

(Un)

...

Oil

Consolidated

1,471

51

29%

—-

Corp old common—•

common

Universal

Feb

500

8

30%

50%

30

10
8?

(Un)

Corp

Rubber

U
U.

33% May

80%

Co

Fruit
Gas

Jan
May

51

-10
•

Inc

Lines

Air

United

May

50%

(Un)

Carbide At Carbon

Union

Mar

6

Feb

70% May

476

41%

a 69

140% May
66

May

Apr

43% May
Mar

71

Feb

50

a39% a39%

42

42

44%

Jan

41% May

180

44%

__

75%

200

37%

1,470

65%
34%

—

66
34%

280

65

100

34% May

40%

„

40%

37%

__

37%

.

May
Mar

40

75
100

Utah-Idaho
Victor

34%

Jan

Preferred

Jan

West

Jan

West

49%

Feb

Western

12

12

12%

3,040

9% Mar

8

44%

45%

1,611

43% Mar

46%

46%

280

a42%

a43

75

10

__

.—5

—

41

%

Jan

34 % Mar

49%

Apr

41

Telegraph

Apr

Elec

Westingnouse
Woolworth

(F W)

Jan

20%
74%

Jan

Jan

70

4,040

a

19%

1.10

Apr

9%

81c

Jan

Jan

8%

10

Apr

9%

1,565

65

66

400

62% May

71

Feb

a 23%

a23 %

25

21%

Feb

24%

Apr

?1'/,

23%

636

17%

Jan

23 % May

12%

12%

870

11%

Jan

13% Mar

__

~-~l

•

2bo
*
(Un)_2.50
(Un)
12%
10

a65% a67%

.

50

67% May

69%

25%

200

25'A May

25% May

67% May

83

Feb

46

52 %

Jan

25%

25%

new

Com
(Un)

Apr

18%

833

1.05

al9

Department Stores
Railroad Co

Western Union

Jan

Inc

Lines

Jan

14%

Mar

112

72

1.05

1.05

3%

Jan

3% Mar
12%

70%

1

;
1
(Un)__—5
—1
(Un)
1

Pacific

Western

12% May
4«%

Sugar—

Air

Western

44%

—

Indies

—

20
(Utt)

(Un)
.
Life Insurance

Coast

45

^

(Un)—i——.5

Westates

72% Mar

33%

1

t

Pictures

Bros.

—

Co

Fargo Bank
Petroleum common

Wells

Feb

(Un)

Co

Sugar

Equipment

Warner

May

46% May
45 %

o an

37%

37%

42

40% Mar
36%

10

Joseph Lead (Un)
Regis Paper Co (Un)___

a94 %

Jan

Jan

Jan

——25

Jan

719

1

Tnr

Stores

Safeway
St

51

<Un)
Lxi—•
Textron American Inc common—__50c
Tide Water Associated Oil com
-10
Preferred
—25

18

43

1

W Fine Foods Ino

8 and

18%

677

a20 %

I

(Un)
Sulphur Co

Gulf

Texas

22%

60

(Un)—2a

Co——

522

61%

Apr

(Un)

Co

565

100

;v

Aeronautical

20%

25
*_13

Texas Company

Mar

23%

•

Ryan

20

60%

Jan

138% May

Jan

39

43

Richfield

Bros

Apr

14%

11%

Sylvanla Electric Producti-

Jan

Feb

May

23 %

1

Roos

35

9 % May

25

Swift

81c

Jan

10

Corp

34 % Mar

370

42

(Un)

41% Mar

Jan

50c

20%

•

Oil

12

10%

Superior Portland Cement (Un )—i.—•
Super Mold Corp
— -1

51

—

Reynolds Tobacco class B (Unj—
Rheem
Manufacturing Co
Riverside Cement Co class A

Jan

34%

10%

27

Sunray Mid-Continent Oil

__*

i_

35 %

260

Apr

23c

23%

5

old com

Republic Steel Corp

Feb

100

Feb

80%

25

t

34

849

Feb

50o

(Un)

Co

Rand

Remington

28

15

29

51

——

Raytneon Mfg

Feb

34%

28

27%

17% Mar

33%

41%

45 % Mar

72%

28%

17c

49%

Apr

6

15

Jan

2,373

;

42%

61%

Jan

' a59% a60%

„

Apr

Jan

15

20%

Jan

312

(Un)

Corp of America

27%

38%

361

34%

26%

13%

•
Ry Equip & Realty Co Ltd common.—*
Rayonier Inc common
1

Radio

Feb

25% Mar

U May

26%

10%

27%

13

5

25%

34%

28

—

(Un)

24 % May

a46% a46%

220

2,187

Mav

% May

100

26

155

United

Oil Co

Pure

51

110,675

48% Mar

5,476

—

Jan

605

Vi

24%

a41% a41%

a41%

312

1,700

a60%
a36%

45

49 %

%
24%

II

28

(Un)

37

a40

*

Feb

Oil Co (Ind)
Standard Oil Co of N J

34%

5%
72 %

•

49

52%

*

67%

Standard

Jan

5%
72%

(Un)

52%

56 % Mar

28

—

Jan

a39%

(Uu>

Inc

42

1,000

—

52%

Jan

2
(Un)

31%

—

„

55% Mar

50

72%

of California

Co

35

162

(Un)

Mar

40

663

20

Pioneer

Puixman

a53%

49% Mar

294

—1

common

Oil

44% Mar

P10
•

Long Dlst Tel Co
Petroleum Co

Philippine

Ltd

—

12%
3

.

Phillips

Co

__

33%o

Cola Co (Un)
Phelps Dodge Corp (Un)
Philco Corp common (Un)
Pepsi

Apr

26% 27%
21%
22
a51% a53%

__

50

Pennsylvania RR Co (Un)

10

Inc

Standard Brands Inc
Standard

Feb

294

1

Pjiblic

Corp

1,093

27
40%

30% May

30%

53%

a98

(Un)—
Service..

Co

4,329

17c
20

__

20%

1

(Un)

Corp

Pictures

Paramount

„

lOo
(Un)__l

Airways

Jan

7%

50

Mar

28% May

19c
20%
a43% a43%

__

138%

.4

Corp

10

Jan

55c
55c
11% 11%
138% 138%
42 % 42 %

—

1

common..

Oil

40

7%

22% Mar

1,248

48
36

26%
40

__

100

Stendel Oil

&

135

1,519

35%
32
32
29% 29%
28% 28%
a27% a28%

__

25
———25
25
25

1st

a42
47%

67% Mar
37%

30%

~——.—25

Railway

Southern

44%

167

27%
8%
a42

58% May

94
174

4% Mar

3% May

183

Jan

Feb

10

53%

e-32ft
4.48 ft

preferred
preferred

82% May

May

7

110

7%

a58 a60V8

__

—28
Convertible
25
Preferred 4.56%
J25
Bouthern California Gas pfd ser A—25
6% preferred (Un)„
.
25
Southern Calif Petroleum
2
Southern Co
(Un)
5
Southern Pacific Co
—•
Cumulative

Spiegel
Inc

Jan

7%

—15

preferred

4.03%

<;

Apr

76

Rights

...

Apr

2,442

9%

9%
26%
8%

—

common.—.——*
Pacific
Coast
Aggregates.—
5
Pacific Finance Corp Co. (Un)
__10
Pacific Gas & Electric common
25
6%
1st preferred
25
Products

Apr,

57%

(Un)—•

Southern Calif Edison Co com

Apr

285

16%

26%
8%

...15

Sugar Plantation....

Paauhau
Pabco

Jan,

63%

Jan

500

27

247

•

Jan

Apr

107

a60 %

Jan

6c

Mar

4c

22%

a85% a87%

5

Socony Mobil Oil Co (Un)

Jan

154

809

a63% a64%

—2

Sinclair Oil
915

11; 300

23

a63%

7%

Co..

Oil & Gas Co class A
Corp (Un)
—

Signal

1,070

5c

19%

Apr

17%

18%

4c

22%

2.50

(Un)_.

Co

Water

Oil

1

High

a87%

Co
Bears Roebuck As Co.

14

63

(Un)—

Bcott Paper

50

3%
3%
46% 46%
a67% a69%
a53%a54%

—

5

Co (Un;

Ohio Oil

Olin

50c

15

17%

4c

P-10
—1-40
..2.50

Jan.

Low

High

23

17%

.10

Diego Gas ft Elec com
Mauricio Mining

3chenley Industries

10,568

8

16%

(Un)——.20

Ltd

Co

Sugar

Oceanic

29%

1

San

May

27%
28
22 22%
75
75
28 31%

"

(Un).,——

Aircraft

Oahu

28

25

preferred

5%%

8

Ban

7c

17% 17%
40%
41
a32% a33%
561/i
57

(Un)—1

England Electric System
N Y Central RR (Un>

New

Apr

35% Mar

Apr

/7 /8

,a

30%

Jan

3c

20% 20%
49
49

--

*

.

71

20%

1

(Un)

(Un)

Company

Natomas

77,a

'

Jan

30%

111,500

--

(Un)

Products

Distillers

National

———

Co

ft

Ward

Montgomery

--

21%

26

sines

Range

Shares

Low

Par

High

for Weok

Range
of Prices

Sale Price

1

315

a31% a32/8
7c
8c
65c
71c
14% 14 /2
27 % 27/«

—

Jan.

since

Low

a24% a25%

a24%

——16%

(Un)

Inc

Co

South

Range

High

Low

Par

Middle

Shares

ot Prices

Sale Prlc®

STOCK!

Last

STOCK!

for Week

Sales

Week's

Friday

Salea

Exch. (Cont.)

San Francisco Stock

69

1,023

47 '47%

766

67%

69

May

Apr

\

CANADIAN MARKETS
FOR

RANGE

WEEK ENDED MAY

27

Canadian

Friday
STOCKS

Last

Sale Price
Par

Abltibl

Power ft

4%%

•

Steel
Ltd

Aluminum Co of Can 4ft
2nd

preferred—2B

26%

100

107%

orrUrreii

Pulp

pfd—

Anglo

Canadian

Anglo

Can Tel Co 4% ft

—

50

pfd

Argus Corp Ltd com

4%%

Corp

Steels Ltd

Atlas

33% May

Building

Jan

27

8%

Jan

24

975
55

67

a7%
70 %

2,785

89

97

11,268

26%

460

107 107%

105

26

55
51
23

Feb

7% Mar

71

Apr

British

Traction Light

American

OH

ft

May

Canada

26

Jan

106

Apr
May

108

52

47

Feb

3,905

21

Feb

58

585

2,542

17

17

17%

675

582

51

26% May
Mar

55% May

25%

May
Apr

preferred

—

Foundries...

Iron

Northern

Canada
Canada

Power

Corp

5ft

525

61%

Canadian

Jan

63%

Apr

46

1,075

38

Jan

53

Apr

6,347

45%

Feb

48

May

19,270

•

26%

26%

26%

5,265

pfd 100

a96

a95%
a96
105% 105%
52%
53

20

preferred

50

52%

50

53%

preferred

53%

60

7

Apr

25% Mar

92%

Jan

9% Mar
29%
96

Jan
Mar

Mar

105% May

335

51

Jan

54% Mar

100

53%

104

52%

Jan

54

Mar

Canadian

Cottons

Canadian

Hydro

Canadian

5ft

Oil

May

30

Apr

32

Feb

I,995

23

Jan

23

Feb

12%

Apr

14

Jan
Jan

26%

6ft

common

*

Orders bandied

on

all

104

85

104

May

103

103

40

103

May

103

a28

4

20%

Feb

29%

al3% al3%

30

13%

Feb

14

Jan

31% May
30% May

a28

28%

31%

6,096

30%

30%

2,042

29

May

27%

28

475

27

Jan

29

36%

35

36%

400

30

Jan

36% May

21

20

21

2,260

22%

21%

22%

561

21%

22 %

22%
a34 %
10

Co, Inc.

Cockshutt
Consol

Exchanges
through our Canadian
affiliate which has a
direct
private ivire
from coast to coast.

30 Broad Street

Tel: HAnover 2-9250

Corbys

see




page

51.

25

Feb

37

Jan

Jan

12% Mar

9

195

50

21%

21%

1,049

25

27

21

21

21

May

8

Mar

9
24

Jan

Apr

27

May

Jan

23

May

410

20

490

17

105

20

105

6%

400

Jan

3

Mar

106

Feb

Jan

7% May

33%

33%

9,347

Jan

24%

24%

24%

4,928

17% Mar

25% May

41

Nat Gas 4% pfd

31%

37% May

40%

42

2,386

30

19 %

15

al9%

20

a

28 %

7V4

7%

7%
36%

*

v

Jan

18% Mar

7%

340

35%

36%

II,655

27

•

•

27

35

26%
16%

29

Apr

May

47% Mar
19

8%

May
Jan

36% May
Mar

Feb

30

Jan

18% May

•

18%

17%

18%

2,070

•

17

16%

17

200

16

May

17 % May

39

39

40%

21,027

30

Apr

49% May

18%

A

18%

19

2,280

a8

a3

a8

150

Seagrams-

BridgeCoal

Dominion

Apr

11

9

19% Mar

105

Smelting

Dominion

7ft
footnotes

Apr
Apr

8%

22

Equipment

ft

Dominion
Dominion

Apr

20

Teletype: NY1-1979
NEW YORK

23 %

32%

955

a8

pft

Glass

class

Distillers

Jan

Jan

21

>125

9

;

Class B

Dominion

For

Farm

Minlne

Consumers

Canadian Stock

23%

2,450

a8

•

Jan

19% May

10

a34 a34%

9%

*
•

Railway.

Vickers

Feb

28

6%

Pacific

Feb

May

25

100

Canadian Western

W. C. Pitfield &

-30

104

•

Companies com

Canadian Petrofina Ltd

Canadian

>

25

preferred

Carbons

preferred

Canadian

on all
Canadian securities.

al3

ICS

Warrants

Fast quotatio7ts

27

al3

•

Locomotive

Canadian

Jan

43% Mar

37

552

*

ft OUutow

Canadian Industries

106%

2,696

25

Celanese common

series
Chemical

Feb

•
20

Class A

$1.75

Feb

105

•

common

Canadian

7.05

38%

25

preferred

Canadian

Jan

5.75 Mar

•

Canners Ltd

58%

Jan

48%

31%

17% May

47%
7%

4%%
5%

61

Feb

6%

Feb

42%

30%

27

Breweries

13% Mar

$1.25

15%

4.75 May

May

11

30

50

I.

preferred

29% May

43% May

Jan

37%

>

Bronze

45

—

10

100
100

preferred
Canada Steamship

Canadian

47
7%

100

150

—*

2nd

Canadian

127

45%

preferred

5.75

Jan

24% Mar
43%

30%

..10

Safeway Ltd 1st pfd—

Apr

Mar

32%

47%
7%

4%%

280

106% 106%

120

58% May
39% May

53

•

common

British Columbia Electric Co 4%

200

45

.

8%

12 % May

38

commot

Feb

106% Mar

•

Power

4.75

44 %

5.75

Products

Cement

$1.30

97

25

Telephone

Brazilian

50

Calgary Power preferredCanada

Jan

427

116

Jan

Jan

51%

37%

May

8%

49

55
23%

24

69%

150

56

113

23

Mar

Canadian Car ft Foundry common

Bell

12%

10% May

36%

61

12%

Bulolo Gold Dredging.

57

•

270

4.

4.75

Jan

37%

Bathurst Power ft Paper Class A
Class B

2,230

44%

26

23%
116

4,455

29%

48%

11

B

25%

•

common

12

29

12%,

—25

class

Ltd

Mills

Class

260

100
50
•

preferred

Bruck

High

150

•

preferred

$2.40

51%

Low

8,098

a7%

68
95%

High

32%

24

•
•

Aluminium

sines Jan. 1

Range

Telenhone

1

High

Low

47

11%

Power

Columbia

26%
10%

—

10%

Shares

Columbia

British

tines Jan.

Range

High

2n%

British

31%
26%
10%
23%

•

common

Class A

Asbestos

__

Shares

48%

British Columbia Forest Products

for Week

of Prices

*

Sugar

Agnew-Surpass Shoe

5%ft

32%

for Week

Low

For

Sales

Week's
Range

•

Acadia-Atlantic

Axgoma

Exchange

Range
of Prices

Last

Sale Price

-■

Funds

Low

25

Paper common

preferred

<

iTOCK!

Sales

Week's

Friday

Montreal Stock

6ft

.25

pfd

Glass

preferred

7% Mar

..20

May

250

35%

654

33%

Feb

17%

72

17%

Jan

34%
a

Jan
Jan

23

12

22%

a!7%

Jan

17% Mar

12

22%

35%

common

10%
11

12

Steel com.

20

Apr

22 %

Corsets
Foundries ft

18% Mar

11%

209

41% Mar
17%

Apr

T

i

Volume

Number 5433

181

.

The Commercial and Financial Chronicle

.

.

(2503)

CANADIAN MARKETS
RANGE

Friday
STOCKS

Par

Dominion

8tore#

Dominion Tar
Red

17%

6,525

32%

39

6,640

39

May

Montreal

12%

13

8,965

10

Jan

13

May

Nova Scotia

24

24

400

23

Jan

24

Jan

7

ciaaa

Famous

1,410

32

760

25%

26%

25%

26

3.50

26

*
A

•

Players Canadian Corp

34

1,396

25

Jan

24% Mar

3.50

100

60

318

al5

50

6

6

6

3.50

Apr
Jan

56%

56%

160

52'A

Apr

57% Mar

38

38%

905

36%

Jan

40%

.10

41 %

41

41%

1,627

39

May

44

.10

53

52

53

2,688

50

Jan

56

Feb

10

44%

44%

44%

900

43

Feb

48

Feb

Toronto-Dominion

—

Canadian Stock

16% May

6

May

25

May

7

Jan

29

Mar

1

26!4

25%

26%

2,060

*

23%

23'%

23%

1,470

17%

Jan

24%

•

32=%

31%

32%

4,459

25

Jan

34

•

29%

29%

30%

1,260

27

Jan

32%

112

112

112

45

110

Mar

%

8

8%

450

7

May

3

60%

59

62%

common

common

43%

38%

61 % May

Jan

.100

Ltd

44

56%
AO

Canadian

5%

preferred

General
'

common

Bakeries

General

Ltd_

8

Dynamics

General

Motors

5%

preferred
Lime

Jan

105

Jan

40

61

6t

590

52%

Jan

61

May

40%

40%

3,070

30

Jan

41

52%

52 %:

May

100

15

101

59

61%

35% Mar

58%

104%

10

13

12

Apr

12

11

Jan

14

Powders

*

com

4

•

International

138

common

7.50

99

International Petroleum Co Ltd

•
•

Mar

80

147

International Utilities Corp common—B

Jan

40%

Paper

common

Power

Preferred

Public

Service

Limited

Lang & Sons Ltd

Ltd

(John

Lawrence

MacKinnon

Mailman

Bloedel

5%

•

Fage-Hersey
6 %

May

36% May

10%

*

a22|

20

% a22'%

9%

25

19

14

48%

5(

•

Jan

25% May
26% Mar

19%

Apr

13% May

14

26

28% May
40% May

225

37%

25

Mar

Jan

May

46% May

May

Jan

44

Apr

23%

25

50

34

445

66%

125

11%

11%

100

U

Jan

13

1

16

15%

16%

8,910

14%

Jan

16%

114%

112%

115

1,584

21

22

1,939

22

105

Jan

Feb

Feb
Mar

Feb

116

Feb

22%

80% Mar

Jan

22% Mar

31%

31%

32

119

30

Feb

32

May

a95

a95

7

95

Mar

96

Feb

6'A

6%

650

6

Mar

7%

7%

425

6

Jan

57%

57%

30

57 %

a27% a27%

11

25

•

Ltd

Co

6%
'

«**-

Zellerbach

Jan

;

•

a37% a37%

Jan

9

Feb

Jan

57% May';
27
Apr
40

11

36

Jan

11

U

25

11

Mar

14%

3.70

110

3.60

Feb

3.75

20

20

200

11%

Feb

al0% al0%

>

•*

•

50

■"

■

38

38

35%

all% all%

:

22

May
Feb

Apr
May

a__

___

34%

May

75

12%

Feb

16

Jan

18

Mar

54%

Jan

76

May

al7

25

75

~

a__

12,849
•

al7

5

Corp

May

Apr

7%

3.70

11

Knitting Co Ltd
Neon General Advert

75

113

38

May

12%

Feb

50

51

51

51

Jan

51'A

Apr

•
Dominion Magnesium Ltd—
*
Dominion Oilcloth & Linoleum Co Ltd.*

25%

25%

25%

5

22% Mar

28%

Jan

17

16

17

1,650

13

Mar

17

Feb

34%

34%

34%

135

33

Feb

38

Jan

Limitee class A

David & Frere

Eastern

Ltd

Works

Engineering

Dominion

25

50

*

4.80

4.50

4.80

—1

27%

27%

27%

25

•

2.40

2.35

1.60

2,200

•

117

116%

117

255

Products Ltd

Steel

Fanny Farmer Candy Shops Inc
Fleet Manufacturing Ltd
Ford Motor Co of Can class A

Power Sec Corp Ltd..
Common (stamped)

500

4.00 Mar

26%

Jan

1.80

Jan

100

Jan

4.80 May

27% May
2.80

May

120% May

Foreign

•
*

LaSalle

de

Hotel

(Frank W)

Ltd

Horner

;

50

47

May

50

May

1

45

Mar

60

Feb

8%

8%

100

10%

100

18%

5

a—

8%

9%

1,750

7

10%

*

class A

*

Inc—

Securities

Hydro-Electric

47
a50

35%

Harding Carpets Ltd

47
a50

*

(unstamped)

Common

Corp

a

•

18%

a

8%

Jan

10 %

May

8 %

May

10% May
a—

;

Mar

9 %

May

International Metal Industries Ltd—
Class

35%

50

34

Jan

24

24

...75

24

May

25

Jan

—1

al2

al2

70

12

Apr

14

Feb

*

20%

20%

200

19%

Jan

20% Jan

A

Internat

(Alfred)

6%

Paints (Can) Ltd

Lambert

MacLaren

Inc

&

Power

Paper

*

Co

6%

Ltd

Distilleries

Melchers

pfd—20

common

(Walter M)

Lowney Co Ltd

Co

80

880

68%

Jan

80

May

12

850

10

Jan

12

May

165

170

135

131

Jan

170

May

80

al3

11%

B

73%

al3

1

9%

Jan

12% Mar

11%

11%

200

9%

Feb

11% Mar

74

2,455

4b %

39%

39%

125

31%

*

Co

62

*

Ontario Paper

&

35% May

11%

80

165

*

Preferred
Minnesota

24.

pfd—10

Ltd
*
Mexican Light & Power Co Ltd com—*
Paper

all

all

15

31

31%

240

Jan

74

Jan

41% May

May

26% Mar

Moore Corp

Mount

Ltd common.

Mills Ltd

Royal Rice

66% May

73

Jan

125

44

Jan

54

May

10

110

Jan

116

May

Northern

Quebec

31

May

Feb

Jan

27%

12

32

May

Ltd—

Co

Power

10

11

May

Red

Ltd———

Crush

1,982

40

52

May

•

58%

672

59

May

•

6%

cum

1st

52%

3,440

44

Mar

52% May

6%

non

cum

15

100

Jan

101% Mar

100

47%

•

12

1,170

1,010*

Mar

Jan

11%

Feb

16%

Jan

•

29

26

Jan

30

Mar

—•

63

175

43

Jan

73 '

11%

590

10% May

13%

Jan

•

75%

5,473

65

Bbawinigan Water & Power common—•

58%

2,920

50%

*n

53

300

75

Corp

__

a51 % a511/4
3.50

*

3.50

30

51

100

Mar

3.30

52%

Jan

Feb

3.60

Jan

Canada—

of

52%

51

150

Jan

100
50

52%
72

72

25

66

Jan

72% May

5

17%

17

17%

2,306

it

%

Apr

18

May

*

preferred
part 2nd pfd

24

23

24

1,425

1«%

Jan

24

May

16

16

200

al45

al4G

60

Quebec Telephone Corp (new com)
Reitmans (Can) Ltd common

53

May

May

•

Power

.50

Dfd

1st

f

s

Orange

50%

Transport

11%

Feb

•

Provincial

II20

6%

15%

30% Mar

Corp

Mar

Apr

9%

6

9%

20% May

Powell

preferred

Feb

100

68

35

4%

60

6

75

1,070

Price Bros & Co Ltd common

al3

6

605

32%

Power

1.20

al3

75

1

Company
of Canada

43% May
13'A May

20

Placer Development

River

Jan
Mar

6

Newfoundland Lt & Pwr Co Ltd

.109

—

25% Mar

Mar

Jan

10%
90c

75

Mersey

3,264

*

common

Feb

835

41j

25

Apr

May

315

28%$
40%$

40

Jan

May

3.50 May

16

11

40

25

19

Apr

May

17% Mar

28

50

37%

Jan

May

22%

17'

13%

*

May

10%
III

May

23

V£~

18%

28%

Jan

2.50

25

17

*

Tubes

%

Feb
Mar

33

3.50

25%

17%

_*

22%
95

9

25

20

Jan
Jan

101

2.50

com

Jan

18

3.50

25%

•

common

Jan

89

I
37

45

21

98

18

*
•

Weaving.

preferred

21% Mar

107

Ontario Steel Products———;

Pen mans

Jan

26%

•

new

Id

35%

36%

class A

Ltd

20%:

36%

19%

35% May

111

common

Mines

Feb

31% Mar

37%

National Drug & Chemical common—5
National Steel Car Corp
•

Wire

25

39

•

class A—

Ogilvie Flour Mills

Feb

May

451

•

Noranda

Jan

25

94%

•

Oil

Locomotive

Niagara

13%

&26J

a22

B

Morgan & Co

19

)*>% Mav

38

a22

7

Montreal

Jan

18% Mar

12%

45

100

<Robt)

May

35

common

Class B

Jan

.

Apr

35

100

Molson Breweries

30%

35%

———

Frontenae

al9,

Jan

300

75

Malting

Crown

Jan

35

Preferred

Class

20%

class A

Massey-Harris-Ferguson

Mitchell

12%

al2%1

20%

preferred

McColl

12

al2

a26

—*

Ltd

Corp

30%

23

al9

—

■Priority-

38% May

Apr

21% May

12%

com

Apr

23$

al2%

•

Steel

May

40% May

21 %

25

Structural
&

Class B

Jan

150

17

•

Power

May

29

6,915

1.05

a

class A_*
Combined Enterprises Ltd common
*
5%
red pfd
—1
Consolidated Paper Corp Ltd new
*
Cosmos Imperial Mills Ltd
——*
Crain Ltd (R L).—
——:*

104% May

25S

——3
A

138

445

12%

1.00

1

High

20

Claude

Apr

26

23

Feb

*

Celtic

Feb

7% Mar

25

*

A)

ciass

May

33%

•

Laurenude Acceptance
Legare 6 %
pfd

Apr

33% Mar

*

com

Laura Secord Candy Shops

MacMilian

124

Apr

67%

24% May

29

B

(John)

St

%f

25

Interprovinclal Pipe Lines

Lower

99

Jan

134

26

International

138&

60%
105

Feb

55

66%

_100

Canada

of

Jan

Feb

Dredge & Dock Co Ltd
•
Canadian Gen Investments Ltd
•
Canadian Inter Inv Trust 5% pfd—100
Canadian Marconi Company
1
Canadian Power & Paper Inv Ltd
*
Casmont Industries pfd
*
Catelli Food Products Ltd class A.—*
Class
B
:
*

14% May

*

pfd

Bronze

49%

102% Mar

43%

12%

lioo

Canada & Dominion Sugar

7% Mar

100

Preferred

LanaU

Jan

T.OW

41%

Canadian

11% May

7

Feb

Range since Jan.

High

-

preferred^

1st

conv

Shares

1.00

•

common

Company

Canada

Jan

Corp common—*

(John

Jamaica

40

10% Mar

11%

$5

61% May

Jan

46

■tor Week

12%

43%

—Is

preferred

Brown

52% Mar

52

4,017

£1

:

Mar

50% Jan

36%

International

5%

May

60

•

Acceptance

Int-1 Nickel

Jan

29%

Ltd

Cement

IngJis

II

61%

preferred

Inland

Apr

6,260

40%

preferred

$4.50

Apr

40

•

Oil

Industrial

Mar

99

36 %

Imperial Tobacco of Canada common.B
6%

80

Feb

9

102 % 102%

.50

_.

Imperial

Mar

91

40

Mining

Bay

48

25
105

•

Howard Smith Paper common
$2.00 preferred
Hudson

1,640

95

9%

102 %

Alabastine

&

Anglo-Canadian Pulp & Paper—
Anglo-Nfld Development Co
Arcan
Corp Ltd
Belding-Corticelli Ltd common—
Belgium Stores Ltd common

Jan

•

Co Ltd

May

Sale#

Range
of Prices

*

Low

•

Jan

8%

100

Great Lakes Paper

Gypsum

Apr

112

95

•

42

Exchange

Week's

Last

Sale Price

May

9%

5

General Steel Wares common

3,245

Funds

Friday
stocks

Feb

Par

Gatlneau Power

44

Apr

33

11%

96

1

High

Jan

3.50

Low

Royal

May

29%

Range since Jan.

High

Commerce

26% May

1,388

.10

Canadienne

8% Feb

Jan

59

59%

1

6% Mar

Jan

25%

al5

20

pi a

Heating Products

Co'#

7%

com.

Foundation Co of Canada

Fraser

7

31%

26%
Sec

Loto

Share#

Bank#—

24

-

17%

for Week

Range
of Prices

Par

High

15% May
28% Feb

31%

Electrolux Corp
Enamel &

LOW

Sale#

Week'#

Last

Sale Price

1

36

Kootenay Power
co

27

12%

•

23%

Dcnohue Bros Ltd

rttpfir

Range alnce Jan.

High

17%

Ltd

preferred-

Dew Brewery ltd
Du Pent of Canada

e-ooy

MAY

STOCKS

Share#

Low

Dominion Textile common.

East

ENDED

Friday

of Prices

17%

Chemical common

&

WEEK

for Week

Range

le Price

Dominion Steel & Coal-

FOR

Week's

Last

Quebec

Power

Rrliand

Paper

Royalite

Oil

common

Ltd

Co

Preferred

Bt

75

1%

preferred

Simon

Ltd

Thrift
Triad

Western
Weston

Feb

49

Apr

Jan

156

Jan

27

Jan

30

*
100

5

27

Jan

28 % May

5

May

43

Feb

47

41%

Jan

50% May

32

50

*

Feb

39%

•

5.70

1,312

4.35

—100

145

15%

•
:—*

Corp

A

Trans

Union

Gas

Oil

Pipe

34 %

Line

84%

100

104%

*
preferred—r100

12%

20%

Westeel

(L E)

Western
Windsor

Canada

34%

34%

75

44

44 %

2,045

47%

65

34

35

1,095

45

140

all

10

10% May

11

May

a20

a20

75

19

Apr¬

20

Mar

il 1/,

Mov

13

5.70

147

Jan

Apr

Alta

Jan

14

Apr

Ameranium

Apr

72% May

25
52 %

Feb

6.75 May

Jan

91

MONTREAL

STOCK

Arno

Jan

34 % May
49

Mar

48% Mar

27% Mar

36%

Jan

40%

46%

Jan

Apr

STOCK

Arnora

Feb

Ascot

19

Jan

Atlas

105

STOCK

May

28

Feb

53%

Apr

Feo

York

City,

2o

Jan

56

Apr

45

.45

45

35

Feb

45

Mar

8.20

8.30

3,900

3.75

17%

16%

17%

3,100

14%

Jan

20% Mar

13 %c

13 %C

17c

5,500

9c

Jan

32c

—

„

Apr

17c

Feb

44c

Mar

Jan

4.10

Apr
Apr
May
Apr

1
•
•

8.25

22c

3.35

20c 24 %c

51,100

3.10

3.35

4,700

51.

-

SHERBROOKE

-

3c

3c

3%c

8,500

2c

Jan

7c

11c

12c

16,000

7c

Mar

13c

51c

50c

53c

4,500

43c

Feb

69c

1

Gold

Gold

;—

20c

19c

20c

4,600

15c

Jan

45c

2.01

2.01

500

69c

Jan

2.85

Apr

10 %c

Mines

Ltd

Ltd

Mines

Mines

Mines

Cartier-Malartic

HAnjwer 2-0575

40c

May

85c

Jan

14c

14c

15c

11,500

7c

Jan

20c

Apr

16c

16c

2,000

22c

Mar

2 70

2.70

2.85

11,400

19 %C

15c

20c

6c

8 %c

8c

8c

8c

ST. JOHNS, P. Q.

3.05 May

16c
2.30

Apr

24,500

3c

Jan

13 %c

Apr

3.000

8c

Jan

13c

Jan

4.50

4.75

36c

37,800

9.10

9.15

4.20 May

7,100

30 %c

800

25c
4.20

Jan

1.30 May

53,600

4.75

May

55c

Mar

9.55 May
2.74

Apr

1.75

1.60

1

1.88

1.80

1.92

2,200

2.90

Apr

•

30c

30c

33c

30,700

22c

Jan

58c

Apr

1

3%c

3%c

3,000

2c

Jan

6%c

Apr

21c

Mar

18c

Apr

Ltd

Ltd
Mines

Ltd

13 %c

15c

He

11c

90c

90c

1,000

50c

54c

6,000

7%c Jan

2,000

1

1.75 Mar

21,000

1

&

Jan

1.90

•

Dev

Jan

83,800

Gold Mines Ltd
Chiboueamau
Explorers Ltd

Celta

2.95
50c

4.60

9.15

May

Apr

Mar

30 %c

Ltd—1

May

6.10

12c

1

Mines

Mines

Gold

9,000

1

Ltd

Carnegie Mines Ltd

l|

3,100

55c

-A

Chibougamau
Lithium

13,700

3.20

48c

1

Ltd

Explorations

8c

3.05

50c

—1

Ltd

Tung-Sten Mines

Can-Met

7%c

3.15

1

Ltd

Burnt Hill

7%c

»

vtc

Mines

Uranium

Apr

1

1

Corp

3c

Feb

Apr

1

Ltd.

Mines Ltd

Metals

1

1

Mines

Ltd

Brunhurst

-

8.30 May

1

"

Ltd

Corp

Bouscadillac Gold
Bouzan

Square

CHlOOUTIMI

3.05

Jan

__

—1

Conro Development Corp

TROIS-RIVIERES

May

1

—

Mining

Rare

Canadian

New

23% May

r eo

28

Ltd

Ltd

Mines

Campbell

William St.,

Apr

23

20

*

Ltd

Bathurst Mining Corp
Beatrice Red Laxe Gold

Telephone PL-9501

Branch Office:

21%

130

1

Mines

Mines

Metals

Calumet

Phillips

580

25
a42

Sulphur & Iron

Boreal

EXCHAflIE

1203

23

25

Sulphur Mining Corp

230 Notre Dame St. West, M mtreal

Local Branch:

22%

440

Jan

105%

EXCHA* SE

CANADIAN

23

'■:> 25

11%

a42

Ltd

Mines

Apr

Jan

Feb

E CCHANGE

TORONTO




Jan
Jan

1

Uranium

Mines

Bevcourt

MEMBERS:

•

Anacon Lead Mines Ltd

May

HJiRT

&

11%

5

Ltd

Co

Mining

Algom

Jan

12 %

SAVARD

page

2

—*

Ltd
Breweries

Belle Chibougamau

see

26%
45

Mining Stocks—
Aconlc

15% Mar

104

11%

•

Woods Manufacturing Co Ltd

58

101

*

Ltd—

Hotel

Bellechasse

footnotes

Feb
Jan

all

class A

Pen Co Ltd

Products

Feb
Mar

Beaucage

For

145

39% May

Jan

Jan

Jan

Waterman

Jan

4.80

50

Preferred

100

United Amusement Corp Ltd

Jan

58

*

common

-

Feb

44%

35

•

United Corporations class B

66%

6.65

*

preferred

QUEBEC

140

17%

47%

44

—40
*

Ltd

Canada

of

12 Ye

72%/

•

62

*

Materials Ltd
class A...—

Corp

Mountain

58

*

Wort#

Leaseholds

5%

Finance

al46

redeemable pfd.i—

5%

14 V*

—*

Cotton

Limited

Jan

18

50

•

pfd

Winnipeg Central Gas
Ze'lers

100

2,209

18

*

(Geo) common

4%%

Standard Paving &

pfd__100

6%

Power

15% Mar

Apr

Ltd

Winnipeg Electric

Jan

45

common

Gooderhara

Walker

54%

Canada

53 % May

155

Viau Ltd
Wabasso

Jan
Jan

65

Oils_
Steel

50

53

May

150

*

Tuckett Tobacco 7%
nr>itf>ri

60

364

Power

Canada

Stores

46%

Jan

*

_

Canada
of

Co

Mar

77% May

Mar

—100

com—

preferred

Sons 5%

<H)

Southern

(Janaua

oi

"ommon

ctfs

trust

Simpsons

50

—

Breweriec

Voting

Steel

pfd

Williams

Sherwin

Sicks'

common

Deferred

A

Class B 4%%

31

Jan

Traders

Lawrence Corp
Series

29%

Southern

*

Ltd—.

Industries

Russell

Mining Co Ltd

Centremaque

1
51c

7c

Jan

80c

Mar

45c

Feb

•

/

1.00 May
81c

May

47

48

(2504)

The Commercial and Financial
Chronicle

..

Monday, May 30, 1955

.

CANADIAN MARKETS
Friday

Canadian Stock Exchange (Cont.)
stocks

range

Week's

Last

Par

Shares

Central

Consolidated
Cortez

Cadillac

Denison

Lota

High

Lota

Coulee Lead &
Cournor

Detta

Minerals

Dome

Mines

Dominion

East

Sullivan

Gui

4,500

40c

1,000

9c

Jan

38c

500

Mines

Ltd

Uranium

Mines

Ltd

Kenmayo Yukon
Kerr-Addison
Kontiki

Mines

Mines

Uranium

Mines .Ltd——
Goidfleius Ltd.

Louvicourt

Macdonald

Mackeno

Mines Ltd—

Mines

Molybdenite

Nama

Corp

Creek

Louvre

Pacific Coal

of

New

Santiago

New

Vinray

Nocana

Panel

Consol

Perchourt

MM*

50
*

Boma-Duvernay
Stadacona

Gold

United

21c

Mar

50c

Mar

9,000

3c

Jan

19c

May

79c

19,000

3'Ac

Feb

2.50 May
10c
May

8%c
5'Ac

1,000

3c

Feb

8'Ac

3,600

10c

Jan

15c

Jan

4.25

4.10

500

23c

3.50

22,500

4.00

5.RO0

15c

Jan

Jan

2.35

Jan

1,400

1«c

Mar

24c

lb, VO0

70c

May

99c

1,000

Apr

17c

Jan

42c

Mar

27,500

6c

7c

8,000

7.50

7.50

500

5.75

Feb

7'Ac Mar

Apr

7.05

Apr

13c

May

Feb

4c

5.90

Jan

Jan

2c

12c

9%c May

Jan

9.60

60c

51c

60c

73,900

3.75

3.35

4.20

70,500

10c

11c

3,000

13%

14

1,020

14

12c

12q
10c

15c

8 'Ac 10'Ac

3.90

3.90

2.95
2.38

82,600

4c

6c

48c

13,050

7,500

,

13c
5.90

1,700

9c

Ltd

9c
a27c

Apr

18

Apr

Jan

18c

Mar

3c

Jan

18c

Apr

Apr

4.05

Apr

3.75
1.07

2'Ac
37c
6c

Feb

3.55

Jan

82c

2.38 May
9c
May

Feb

Apr

May

19c

Apr

Jan

6.90

Apr

15c

Apr

100

26c

Jan

34c

Jan

luc

jan

68c

May

55c

68c

147,400

9.40

9.60

3,400

6.75

7.10

3,700

9c 10 %c

3%c

11,500

7.25

.'an

Jan

9.65

12c

5.15

7c

Jan

Jan

Apr

8.10 Mar

18c

Mar

Apr

14c

9,500

10'Ac

Jan

15c

18c

16c

9,000

4'Ac

Feb

1.32

40c

1.34

200

16c

15 %c

1.20 Mar

15c

16c

10,600

10c

17c

Corp Ltd

Montauban

6 00

Mines

Ltd

17c

2,500

10c

5.90

6.00

i

200

Ltd

47 %c

•

49C

80c

1.10

3.20

,

37c

86c

3.00

3.25

6,600

1.60

Mines

Amulet Mines Ltd
Weedon Pyrlte & Copper

1.54

1.66

56,300

13%
corp.

Wendell

Mineral

Products

Western

Tungsten

Copper

Ltd—

13%

Jan

Apr

1.45

21c

Jan

Apr

25,500
80,775

Jan

4.80

Jan

28c

Feb

76c
1

May

'.0 Mar

69c

Jan

20c

Mar

6.50
69c

9c

Mines Ltd

—

Jan

Apr

2.15

Apr

3.25 May
1.80

Apr

900

43c

38,300

24c

Jan

%c

9c

52.900

13% Apr
46'Ac May

4%c

Jan

12c 12'Ac

8

13%

36c

40c

Ltd

Westville Mines
Ltd
Zenmac Metal Mines Ltd

Oils

3,000

luc

Jan

17c

Jan

15c

10c

8c

10c

44,000

62c

Anglo-Canadian

62c

68c

2,000

2'Ac
b*c

Jan

Jan

Ltd

•

Antone Petroleums Ltd

Bailey 8elburn Oils

Bonnyville
Calalta

Oil

&

*r

Petroleums

Calgary &
Calvan

Edmonton

Oil

Gaspe

Oil

Great

Ventures

Sweet

Grass

Pacific

Oils

oilft

Westburne

Oils

18,701

1.22

American

Ltd

May
Jan

Jan

6.15 May
52c

Apr

11%

Apr

72c

May

1.75

May

74c

16,200

Rfi''

15%

Jan

1,800

5.25

14% May

16%

6.05

6.05

6.05

5.25 May

6.45

5.85

7.30

1.93

60c

ADr

Apr

1.58

200

32c

5,550

4 80

1,100

28c

28c

1,000

19c

2.30

28c

1.93

30c
4.75

30c

—

*

1

*

»
•

1




Jan

17c

15c

Jan

20c

7%

American
Amurex

78c

Mar

21'Ac

Apr

25,150

1.60

Jan

2.65 Mar

1.75

1.95

4,100

1.50

Jan

2.50 Mar

33%c

33c 33%c

1,115

8.65

4,475

96% May

26

Feb

26%

75

106

May

107 107%

I8c

__

1.10

19c

4,000
16,200
400

3.15

3.30

17,412

9c

14%

9'Ac

5,000

14%

6.10

200

6.15

44,812

5.50

35

53

1,081

13

51c

23,600

23%

24

170

6'Ac

7%c

1.05

3%c

Jan

1.00

1.05

500

85c

55c

70c

16,715

45c

Jan

9,960

17,650

24

100

115.50

113.50

118

50

929

57

56%

58

1,476

1

class

B

13c

21,650

10c

53c

May

42,500

41c

Feb

class

B_,

70c

Apr

13% Mar

14% May

13% Mar

17'A May

28c

Feb

25c

19c

30c

56,500

May

12c

6%c Jan

11c

35c

14c

62,900

May

7'Ac Jan

2oc28vac

15c

78,381

12c 13 %c

14,000

ll'Ac Mar
2.00 Mar

Mines

2.15

Ltd

2,000

2.15

2.16
1.00

16c

433

1.00

12c

100

Jan

1.00

2.30

2,000

1.58

2.10 May
1.45 Feb

3.75

1.60

5,900

1.75
27c

3.75

Apr

2.14

Apr
Apr

2.25 Mar

Jan

1.20

Jan

15c

Jan

19c

Jan

1

10'Ac

10%c

12c

30,916

1

12c

12c

13c

32,775

1

9.75

9.65

10'A

3,590

50o

6.75

Jan

2.05

1.95

2.15

11%

4,610

29 'Ac

34c

1.95 May

2.78

20,786

8c

Mar

5,000

29'Ac May
6%c Jan

49c

9'Ac

12'Ac

Apr

A

1
1

30c
—

10 %c May

12c

May

51c

Jan

33c

Scotia

43%

44

622

10

56%

55%

41% May

56%

46%

280

1

Nova

1.12

52%

1.06

1.15

57'A Mar

20,000

1

1.35

1.34

1.40

10,000

31c

Ltd

•

Mining

•

31c

35c

1,760

2.75

2.70

2.94

21.100

80c

70c

85c

146,850

69c

121,750

Apr

1.06 May
1.30 Mar

30c

1.54

Jan

2.33

50c
3.05

30c

Jan

97c

39c

8.65

Feb

9.65

•

Jan

16c

15c

93c

18c

12,000

14c

2.15

1.95

Apr

20c

2.29

51,000

70c

Jan

61

61

50

58%

Jan

63

Apr

25c

Jan

50c

Apr

7

Apr

Bathurst

Power

class

A

•

Beattle-Duquesne
Beatty Bros
Beaucage Mines
Beaver

*

1

Lodge
Lumber

1

Ltd

•

Belcher

Bell

Mining
Telephone

Beta

Gamma

Bevcourt

4.?c

38c

44c

20,031

7

7

7%

2,350

3.05

3.00

3.38

22,000

70c

73c

6.20

Apr

1.55

11%
__

31,225

22

100

64c

37,200

35c

Feb

29

75c

48

47

48

May

14,382

45%

Jan

48

May

21c

Feb

•

37c

36c

44c

53.400

1

14c

13'Ac

16c

213,600

11c

12c

2,500

1

—

1

Mines

2.23

1.80

2.28

240,189

7c

7%c

11,683

14

14

14

425

1
—_*
•

Mar

'52c

13'Ac May
10c

2.29

Jan

14c

50c
4.65

2.68

500

11

11 %

2,550

1.05

2,725

13c

14c

10% Mar

1.80 May
6c
Jan

Mar

Apr

2.28 May
11 %c Apr

Jan

14'A

1.00 May

Bobjo Mines
Bonville Gold

2.35

2.55

26,675

39

39

25

2.20

2.50

37,350

29c

28'Ac

30c

17.000

1

20c

13'Ac

13c

Apr

32c

17c

35,000

13c

10 %c

24c

10'Ac

May

Jan

11c

27,000

6c

Jan

19c

Apr

24,332

5'Ac Mar

17c

Apr

1

_

-

1

1

Petroleum
Traction

2.55 May

preferred

11c

10c

12c

2.80

2.90

3,335

1.00

1.10

2,400

7%

7%

7%

28,838

7%

Apr

9 % Mar

47%

Apr

49% Mar

1.30

May

48%

48'A

48'A

145

1.45

1.30

1.55

37,550

1
•

pfd

100
•

2.45 Mar

98c

3.50

Apr

1.36

Apr

Jan

2.50

Apr

3.85

Jan

2.65

2.60

2.70

8.200

26%

26

26%

10,170

25%

95%
52%

95'A

Apr

96%

29%

147

92%

Jan

52'A

53

460

96'A May

50%

Jan

53

100

105

50

53

105 105%

2.55 Mar

40 Wall

92

103

Apr

105% Mar

52

Jan

54% Mar

1,500

9c

Jan

50c

50c

5,000

50c

4.00

May

57c

4.65

7,370

3.80 Mar

4.85

16c

%

Gompamj Inc.

Street, New York 5, N.Y.—WHitehall
4-1656

Mar

Feb

a48c

a50c

3,200

72c

37c

72c

Feb

74c

50c

3,650

67 %c

Jan

79c

66c

15,550

May

47c

Jan

80c

May

63c

May

Company Limited
Members:

CANADIAN

Mar

a48c

66c

54

Gairdner &

SECURITIES

The Investment Dealers'
Association of Canada
Toronto Stock Exchange
Montreal Stock
Exchange
Canadian Stock Exchange

Vancouver Stock Exchange

Jan

Mar

325

54

Gairdner

Jan

Mar

2.85

1

preferred
preferred

2.20 May

May

•

Petroleum

4%%

39

1.10

50

4%

2.80 May

Jan

*

Ltd

British American Oil
British Columbia Electric

1.80 Mar
35

1

—

ordinary

Jan

1.65

Apr

2.45

2.35

-*—,50

_

Mines

3.10 Mar
12%

May

25c
15c

Jan

13

May

1

Cerium

Feb

1.02

Apr
Apr

76c

22

Bordulac

Britalta

22

Jan

59c

Mines

Mines

80c

17

Jan

22

Mines

Biltmore Hats class A pfd
Black
Bay Uran Ltd
Blue Ribbon
Corp pfd

Brilund

8%

3.00 May
45c
Jan

Apr
Apr

64c

Kirkland

Rock

61

2.95

1

Corp

Uranium

Bidgood

61c

*

common

Gold

Yukon

Bicroft

65'Ac

Feb

1.08

Mar

1

Canadian Affiliate:

50

Apr

*

1.84 Mar

6,400

Apr
Jan

Feb

Ltd

Feb

1.31

Jan

Mines

Mining

Jan

a8.95

Feb

2.10

Uranium

Feb

1.24

2.68

Feb

44

Mines

5.50 May

Jan

Apr

10

Feb

Apr

Apr

32c

18%c

Peiroieums

Bata

Blue

Jan

300

_*

Montreal

Bathurst

Bibls

19c

2,805

Warrants

Baska

Apr

13c

1

Metals

May

14%

17'A

1

Barnat Mines

Base

Apr

59

17%

1

Co

26
126

l

Oils

Barymln

Feb

Apr

14%

__

Bailey Selburn Oil Ac Gas class

of

52%

l

River

Bankeno Mines
Bankfield Consolidated
Bank

Jan
Jan

16%

Aumaque

Barvue

Apr

1.25

12%c

Mines

of

9%c
80c

Mar

105

48c

50c

Mar

Mar

13c

•

Atun-Ruimer

Bank

20%

79c
26

Jan

1

Yellowknife

Banff

May

56'A May
13% Mar

Mar

10c

__

10

Steels

Atlas

Aunor Gold
Auto Fabric

Feb

Jan

55c

38c

21%

Feb

Mar

6.15

Jan

44c

50c

22%

1

3.75
16c

Jan

13%

Feb
Jan

19%

4.70 Mar

56

13

23%

A

2.00

9.00 Mar

Jan

55

Apr

1.30

14% May

6%c

•

Arjon Gold
Ascot Metals
Corp
Ashdown Hardware

1.10 May
Jan

6.75 May
3.00 Jan

__

♦

22c

98c

5c

Jan

108% Mar

Jan

„

*

pfd class

14c

146,606

1.20
7.10

14%

3.30

1.35

1.12
7.05

*

•

May

69% Jan

1,703

50

Oil

2nd

13'A Mar
71

10,586

1.20

common

conv

Apr
Jan

96%

1

Preferred

8%
49

26%

5

•

Feb

22'A Mar
98'A Mar

Mar

89

50o

•

50c

12% Jan
97

26%

1.32

•

Jan

Jan

95

•

A

38c

26%

1

Ltd

1

Corp

28c

2,180

70%

25

1.80 May

10,000

2.25

67%

Corp

AviliaDona

11,560

27c 27 %c

1.85

2.10

67%

Mines

Aubelle

Feb

93c

8.50

Petroleums

Aumacho

Apr

84c

63%c

310

Consolidated

$2.40

95c

May

16,202

20c

Anthes-Imperial

Argus

Jan

Mar

52c

17%

Anglo Canadian Pulp &
Paper pfd
Anglo-Huronlan
:
Anglo Rouyn Mines

Area

8

58c

85c

100

class

7% Feb

8,500
2,600

97%

Anglo-American Exploration
Anglo-Canadian Oil

Arcan

200

77c
56c

16

Larder

Oil

Apex

7%

75c

__

97%

pfd

Lead

Anchor

7%

Apr
May

52c

76 %c

Feb

1

51.

11c

9,200

Jan

100

1

page

16,600

Feb

199

a8.95

Ltd

1st

Petroleums
Nepheline

Anacon

5%

70c

5.25

1

Ltd

see

Canada

*

Limited

footnotes

1.45

35c

42c

14%

l

Petroleums

of

Leduc

Bralsaman

5.25

1

Ltd

Petroleums

For

Amalgamated
V

Apr

15'/8

Ltd

Ltd

Co

1.63

1

Devoi<mrni»nt

Oil

7.15

1

Valley Oil 9p Ltd

Wilrich

325

*z

Ltd

Rio-Prado Cons Oils Ltd

Sapphire
Souris

9,000

1.63

Apr

4.75 Mar

36c

2

&

PhilllDs Oil Co

25c

10 %

—*

Dominion Oil Ltd
Petroleums Ltd—

Q'iphor

25,635

500

36c

1

Petroleums

Bristol

British

Co

Feb

14c

*

preferred

106

18c

17%

*

10% May
24'A May

Mar

lie

97'A

Steel
Aluminium Ltd
2nd

103

Jan

16c

1

Algoma

Aluminum

25 'A

33% May
26% Jan

17c

8.65

Apr

1.35

*

Co

Jasper Oil Corp
Merrill

6.15

9.75

25c

...

1

Jan

11 %c

100

—

May

—*

Corp Ltd

Canadian Devonian Pete
Empire Oil & Minerals Inc
Federated Petroleums Ltd

A

Ltd

———

4%%

Ltd

Atlantic

27c

5.50

1

A

1

Ltd

Petroleums

Canadian

6.10

1
Gas class

Refining

Mines

Warrants

Bridge & Tank pfd

27c

Co

Cons——

Boymar
Bralorne Mines

•

Oil

10

26

1

High

Jan

1.90

Debentures

Brazilian

Limited

•

Jan.

Jan

22%

13'Ac Mar

12

Stocks—

Altex

Pacific

Beaver

12c

8%

725

104% 104%

„

Mar

Jan

4.75

78c

a27c

59c

Ltd

Apr

5.05 May
14c

10,500

6.75

Ltd

80c

10c

9.60

10c

1,485

24 %

9,565

Feb

9c

1,000

5.60

Jan
Jan

11% Mar

8,400

1.60

5.90

Ltd

9c

400

2.45

Feb

1.10

30,000

13c

Ltd

20c

12,100

2.95

37c

400

10%

24

27c
com

Bagamac Mines

Waite

New

Apr

4.25 Mar

Hoc

9c 10'Ac

—

26%

10%

•

ctfs

Atlas

41c

20c

6%c

—

ViolaMac Mines Ltd
Virginia Mining Corp

New

Jan

Ltd

Lithium

Oil

Apr
May

20c

9%c

■

Mines

Apr

17,000

78c

37c

Fields

Asbestos

1.90 May
10c

43,050

1,000

Ltd—.

Trebor Mines Ltd

United

Feb

13c

6,225

Ltd

Uddlen

5%c

2.35

6.80

Lake Mines Ltd
Mines

May

Feb

26%

24

__

9'Ac

Ltd

Tazin

Mines

48c

Feb

87c

1,500

6.30

Mines Ltd.

Mines

3c

63,200

20c

6.80

Ltd

(1944»

Gold

1,000

18c

.

Ltd

Tache

Silver

%c

6c

Rock Iron Mines
Sullivan Cons Mines

Tobrit

2.70 May
9c
Apr

2.35

8teep

Tlblemont

1.05

Jan

3.95
.

MM'

Btandard

May

Jan

80c

20c

Indus

Mines

Mines

20

41c

17,200

9'Ac

Mines

Gold

Mar

15,200

7c

4.05

Ltd

Mines

Jan

97c

8c

83c

Dredging Ltd

Fields

16%

Apr
73% May

5 %C

18c

Mines

Ttd

Sherritt-Gordon

Jan

2.03

3.95

Crest Gold Mines
Roche Long Lac Mines

Gold

46c

11c 12'Ac

,

Red

Royran

67 % May

1.25 May
67c

68c

1.90

30c

Jan

2.00
5

7c

4.10

Quebec Smelting & Rpflnine Ltd
Quebec Yellowknife Gold Mines Ltd—

Mines

5

87c
"

—

Uranium

1.00 May

Apr

trust

since

Lota

10%

1

Petroleums

Uranium

Aigom

May

5.15 Mar

•

Range

26%

_*

Knife

Shares

33

•

Distillers

Alberta

May

63c

1

Oil

&

for Week

High

31%

Warrants

31c
Apr
18% May
16c
Apr
24'/2C Apr

Jan

Jan

43c

7,000

60c
1.88

—-

Ltd

Quebec Chibougamau Gold Fields Ltd.
Quebec Copper Corp Ltd
Quebec Labrador Development Co Ltd.
Quebec Lithium Corp

Rayrock

3.25

•

32 %

—100

Yellow

Voting

Apr

90c

Gas

Alberta

May

17

Apr

16c

200

83c
a

5'Ac

8c

Mining Co
Porcupine Prime Mines Ltd———

Radiore

73'A
19%

76c

2.03

Ltd

Metallurgical

75c

1,000

72%

Jan

5%c Jan

79,500

19%

Jan

8c

5,000

48c

Ltd

Gold

Quebec

9.10

500

1.25

11c

Preston East Dome

9'Ac Jan

1,000

52c

67c

Mines Ltd

Gold

4.25

1.00

1.90

Ltd

Goldfields

64,100

90c

55 'Ac 55 %c

a

Ltd

Uranium

Mines

Consol

7,500

14,900

Feb

Range
of Prices

Loto

♦

Albermont

Apr

37c

common

A

Akaitcho

Apr

12c

Jan

16

1,850

11c

77c

(1945)
Ltd—
Opemiska Copper Mines (Quebec) Ltd-

Parbec

20c

42c

73%

Ltd

4c

Acme

Apr

7c
28 %c

22'Ac Mar

30

18(4

56c

Jan

Jan

12c

Oils

Corp

Uranium

18,500

■

Obalskl

Orchan

7c
al6

12c 13 %c

—

Ltd

Mining

17,500

90c

Ltd

Mines

Mines

Normetal

33c

3.75

Ltd

Canada

Mines

7c

25

:

Agnew-Surpass common
AJax Petroleums

2.85 Mar

Jan

2'Ac

•

common

Acadia-Uranlum

3.20 Apr
24% May

May

38c

1,000
1,000

15c

1.80

&

24,500

17%

—

Mines

1.63

6C

42c

Highridge Mining Co Ltd

New

Jan

5c

30c

———

Mines

New

50c

34c

15% Mar

21c

90c

Formaque Mines Ltd—

Valor

5,100

12 (4 c

Monpas Mines Ltd

Pitt

23,000
5,700

10%C

———■-—

Mclntyre-Porcupine Mines

Pato

Jan

1.10

&

Preferred

Jan

78c

1.70

19c

Merrill Island Mining Ltd
Mining Corp of Canada Ltd—
Mogador Mines Ltd

New

25c

May

38c

18%

—.

New

May

21c

Sales

Last

Paper
preferred

Class

Anr

5,500

alii

Ltd

4.70

25c

24%

—

Ltd—

May

15c

22

Power

Acadia-Atlantic

9%c May

1,200

7c

Ltd

Ablttbl

Apr

29

3.85 Mar

21c

Ltd

Mines

48c

Jan
Jan

2c

Week's

Sale Frice
Par

4%%

15c

91c

30c

•iVv"''
Funds

Friday

Apr

21c

_—

we are

Canadian

1.50 May
3.25 Apr

May

22

200

7.25

Feb

32c

125

23,000

4.15

Jan
Feb

2.10

2,500

1.63

Labrador Mining & Explor Co Ltd—
Lafayette Asbestos Mines Ltd——Lingside Copper Mining Co Ltd
Little Long Lac Gold Mines Ltd—
Lorado

17,500

Exchange

able to

not

Mar

15c

24%

voting trust

Zinc

5.00

72c

4c

Gold

Lead

6c

4.15

42c

Ltd—

Jardun Mines

34c

5c

1.10

publication,

STOCKS

a26% a26%

5'Ac

25c

we were

May

32c

—

fact that

Apr

44c

2,200

Mines

49c May

Apr

2,100

Ltd—*

Apr

35c

Lake Mines Ltd

Jaculet

21'Ac Mar

to the

secure last
Friday May 20 prices
including them in this week's compilation. Conse¬
quently this week's tabulaton is for the
period (Friday May 20 to and
including
Friday, May 27).

in time for

Apr
17 %c Jan

1,000

37c

1.31

a26%

NOTE—Due

3.45

18

5^90

—

Metals

Apr

7c

36c

3.25

*

Mines

8.95

Feb

1.20

"

■

Jan

%c Feb

15c

5.80

Ltd—-———

2.10

15% May

2.95

34c

21

Toronto Stock

Mar

150

1.30

—

(1945)

18c

11,800

3.00

—

Ltd

Jan

al6

37c

Ltd

Ltd

4%c

22c 23'Ac

—

may

High

Jan

13c

23 %c

—

Limited

Uranium

Jack

1.30

13c

—

Headway Red Lake Gold Mines Ltd—1
Hoilinger Cons Gold Mines Ltd
5
Inspiration Mining & Dev Co
Iso

1.00

1.30

—

Ltd

Mines

Corp Ltd
Refining Co

Mines

Por

2

al5'A

Mines

Grandines

1,000

38c

Ltd———

Falconbrldge Nickel Mines Ltd——
Fontana
Frobisher

3'Ac

—

Ltd-.

Mines

Metals

Metal

2,000

3'Ac

Ltd————

Smelting

Fab

17,100

Ltd

Mines

Eastern
East

13c
8.00

Ltd

Co

Asbestos

Don a Id a

11c
7.90

Ltd..

Zinc Mines

Mining

11c
8.00

Ltd-.

Mines

Explorations

Ltd—

Mines

ended

Range sin

'

Consol

week

for Week

of Prices

Sale Price

for

Sales

Range

Winnipeg Stock Exchange
American Stock
Exchange

Wire system to all offices

(Aaocute)

V»iume 181

Number 5433

.

(2505)

The Commercial and Financial Chronicle

.

.

49

CANADIAN MARKETS
Range

Sale Price

12

5,615

8%

17

17

17

200

lb%

*

14%

14%

635

12

Jan

Class B
Columbia

Power

British

Columbia

Telephone
•

4.50

7c

Jan

Apr

13c

15c

14,325

9c

May

24c

Apr

Consolidated

26c

52,650

18c

Feb

35c

May

11%

10%

11%

2,090

Jan

79c

70c

80c

36,100

64c

May

1.40 Mar

10c

10c 12%C

65,903

5%c

Uranium

„1

Class

Oils

Apr
Apr

Oil

87c. Mar

Consolidated

29 % Mar

Consolidated

,85

65

Jan

86% Mar

Consolidated

55

283

48

Jan

60

Feb

1,010

8

7% Jan

14%

15

5,425

13% May

30c

38c

75,940

8% Jan

14%c Feb

20c

20c

20c

2,000

13 %c

5.50

5.25

5.50

1,800

8.70

9.20

8.50

8.65

700

1.90

1.75

2.09

232,891

Jan

55c

Apr

29c

4.90

9.00

16% Mar
;

95c

1

70c

Apr

26c

27c

30c

19,504

20c

43c

Mar

85c

60c

85c

32,232

46c

Mar

1.24

12 %C

12c

13c

56.900

10c

Mar

23c

Mar

14c

13 %c

15c

12c

Apr

18c

Jan

1.00

1.10

19,200
1,000

45c

Jan

1.90

Apr

1.57

1.53

1.75

77,860

45c

Jan

88c

70c

88C

63.901

60c

Feb

1.75 May
1.00 May

Feb

Mines

Jan

Conwest

Copper

2.90

Apr

38%

1,371

30 %

30%

323

10%

11

670

8%

Feb

12% Mar

Coulee

16%

16%

150

14%

Feb

17% Mar

Cournor

26

27

1,850

22%

Jan

28 Vs

Stone

26%

8%

*

_—

45

8%

127

300

166 166%

166

10

8
66

•

77

75

77

135

•

3.30

3.30

3.50

1,350

2.00

class

255

370

33

86

330

Mar

Jan

4.70

Jan

2.75

May

34%

Feb

81

37% Mar

86

86

20

Feb

9% Feb

Jan;

2.00

Feb

200

3.30 May

2,000

40

32%

Apr,

34%

*

B

Canada Permanent Mortgage

2.25

39%

40

*

A

43 Va Mar

Mar

40

83% Jan

Mar

1,200
5,245

6.15

6.00

6.75

64,831

1.25

13,950

1.15 May

12c

11c

12c

12,589

11c

Jan

17 %c

Apr

——•
•

18%

17%

18%

7,623

16%

Jan

18%

Feb

17

17

17

885 '

16% May

17'A

Jan

12

12

100

II

13

Apr

1.30

1.01

1.35

228,470

35c

Jan

3.35

13c

13c

13c

5,000

9c

Jan

18c

4.25

4.25

5

4.20

Feb'

5.00

8%C

625

7c

Mar

20c 20 %c

6,470

19c

Feb

Apr

36% Jan

1
*

20%

52

28c

28c

6,375

100

128

50

Southern

Canada

Southern

Oil

Canada SS Lines
Canada

Wire

a

class

Canadian

Admiral
Atlantic

Oil

Canadian

Bank

Canadian

of

69 %

6.05

40%

9,099

28"%

27%

29%

Mar

74

Jan

Mines
Davis Leather class A
Decoursey Brewis Mines
Deer Horn Mines Ltd
D'Eldona Gold Mines Ltd

31%

74c

82c

34%

37

Del

Feb

29% May

2,613

74c

Jan

Jan

37

Dome

Car

Canadian

Celanese

Canadian

Colleries

Canadian

Cellulose

&

May

35c

Feb

26c

25c

29c

65,200

11c

Jan

38c

May

Apr

11

May

Decalta

250

23,959

81c

Feb

105

500

90c

May

2UC

24C

34,*o7

20c

May

90C

3,000

85c

May

1.35

1.50

19,150

34c

42c

175.675

2,800
35,280

5.85

750

5.00 Mar

15%

16%

1,340

15% May

18% Mar

24c

28,700

15c

34c

•
•
Dominion Scottish Investment com—1

22%

22 %

23

17

15%

17 %

25

25

52

17%

22

22'A

825

20

Apr

25

Jan

Dominion

21

250

10%

6,510

8 3A

9.25

8.50

9.25

15,520

8.50

63c

65c

2,733

60c

21c

2,000

17c

•

20

21%

May

Feb

Preferred

Class

May

10% Mar

Dominion

Steel

89c

Feb

Dominion

Stores common

29c

Feb

Dominion Tar

Apr

1.90

1.87

1.99

AH 35,020

1.76

Apr

19%

20

1,105

15%

Jan

:V-';V

'

19

19

225

3.50

I'l.'V

'

3.75

com

3.75

300

19

.

& Coal

•

& Chemical

Canadian

Mar

22% Mar

Jan

4.10 Mar

6%

6%

6%

100

.100

65

65

65

20

-10c

—,

Homestead

—,

Oils

_

2.15

2.10

2.20

3,128

1.97

7%

7%

8

1,940

7% Mar

•
♦

25

2 6'A

4%

Jan

Feb

7%

Jan

35

J,155

43c

25%

-

65

Jan

May

3.00

Apr

Malartic

•

common

preferred

Warrants

48c

<49,870

20

21

36c

1,286

17

Jan

105

45

105

6%

1,840

53c

53c

60c

,

Donalda
Dow

1

May

8

May

21,700

48c

Mar

28

25

33%

313/4

33%

24

24%

6,965

Canadian

Canadian

Prospect

Canadian

Tire

Canadian

Canadian

58,426

33% May
25% May

1A2

Feb

Corp__

2.20
11

11

125

6% Jan

11

85

80

85

155

Mar

85

_

-

pfd

2.35

33'Ac

_

106

100

______

•

Vickers

41

41

106

69

20

42%

Jan

Jan

*

_

_

Utilities

84c '

17% Mar

32,548

24%

2.42

22% May
106

Pacific

Railway

Apr

Jan

PetrSfina Ltd preferred--10
1
Pipelines & Petroleums-

980

2.55

29%

Jan

Sullivan

i

Eastern

Williston

Ltd

Cariboo

Gold

Cassiar

Asbestos

_

—

Explorers

Central

Leduc Oil

Central

Patricia

Central

Porcupine

Charter

Chatco

—*1--'

Apr

5.25

Jan

1.85

3.00 May

5.20 Jan

16,100

85c

87c

1

16c

16c 16'Ac

11'Ac

8 %c 11'Ac

_

;

Chemical
Cheskirk

26c

28c

3,500

Eureka

♦

4,600

-

50

185

6

6

6%

7

7

Jan

Chimo

4.45 May
7.50 Mar

Fargo

Jan

2.20

Feb

Jan

1.00

Jan

Ltd

Oils

Grain

Federal

24c

Jan

Federal

Jan

18c

Apr

Jan

2.05 Mar
53

Feb

May

15%

100

35,500

Feb

14%

16

Feb

5c

Jan

Frobisher

Cockshutt

Farm

class

Coin

Lake

Coldstream

35c

7,900

28 %C

Jan

46c

Apr

45c

45c

1,800

40c

May

70c

Feb

6,305

80c

Mar

96c

2.04

1.90

■'

—

—

'

2.05

55,516

1.36

Jan

2.49 May

1.80

1.85

600

1.80

Apr

2.15

75

75

60

65

Jan

82%

Apr

23 %c

Jan

Jan

10c

31,500

8%c May

87c

83c

1.00

21,156

83c

May

1.18

Jan

75c

75c

83c

4,600

72c

Feb

87 'Ac

Jan

20

8%c :LO'Ac

18%

20

200
905

11c
32c

7%

7%

1.30

7%

1

1.30

1.000

18

20

Jan

11c

13c

25,200

7'Ac

Feb

30c

40c

17,300

10c

Jan

4'Ac

6c

Feb

May

1.35 Mar

Feb
♦

21c

Apr

60c

19,000

*

4.15

4.00

4.15

2,400

3.25

Apr

4.15 May

1.72

1.72

1.75

900

1.65

Jan

1.85

46c

46C

1.300

42c

Mar

85c

May

49c

59c

91,410

42c

Apr

78c

Apr

25c

Jan

21c

Coniaurum

Conro

•

Mines

Development

1

Corp

Consolidated

Allenbee

Consolidated

-

■

53c

16c

Astoria

Consolidated

Oil-

10%c
10%

Bakeries

19c

17.300

14%c Jan

10c

12c

30.489

8%c Feb

10%

11

1.120

7% Mar
25c

Consolidated Bellekeno

1

31c

30c

33c

20.431

Consolidated

1

11c

14c

2.500

4%c

1

23c

5.170

21c

Central

Consolidated

Cadillac

Denison

Consolidated

Mines

Consolidated. Dragon Oil
Consolidated East Crest
For

footnotes

see




58c

Apr

19c

Mar

36c

22c
8.00

7.75

8.20

87,104

2.10

3.25

3.40

17,145

2.60 Mar

•

51.

May

61c

May

79c

Jan

45c

Mar

70c

May

6%c Jan

12c

Apr

65c

64 %c
61c

70c

9c

9'Ac

12,300
13,500
15,633

855c

8'Ac

9%c

13,000

8c

Jan

19c

19c

2,500

18c

Mar

40

41

215

32

Feb

44

7

110

6

Mar

7

12%c 14%c

652,950

10c

Jan

•'**•••

13'Ac

7'

1.03 May

Gas

26 %c

Apr

50c

21%

Jan

29% May

4,710

25% May

29

Mar

Feb

29

May

25%

26%

25

26 %

27%

425

2.35

2.59

156,325

2.16

2.42

13,038

39

39

60

26

Jan

41

29

Jan

31

10c

Jan

30 %

13c 13 %c

9,100

4.85

18,750

4.55

4.80

1.72 Jan

75

30 %

30%
13 %c

1.80 Jan

Y:g;;

9

100

2.50

2.35

2.65

116

117

920

23

23
9c

9

247

8%c

>;.

17,230

117

3.60

9,500

—'*

May

1.75

Jan
Jan

100

Jan

18

3,330

97

97

35

4.25

21,495

70c

360

85%

Gatineau
5%

Power

86%

530

75

40c

40c

52c

27,200

80c

76c

80c

5,400

30

26 %

preferred
preferred

Mines Ltd

Bakeries

General

Dynamics

29%

30'A

1,988

111

111

15

110

55

110 %

112%

113

13%

13

13%

6,962

8%

8

8%

2,285

59

62%

62%

1,455

9.80
7

49

Jan

NOW AVAILABLE

.

.

Mar

Jan
Mar

Apr

The NEWLING
A

COPY

FREE

Canadian Securities Markets

UPON REQUEST

MUrray Hill 2-4545

&

NEWLING

8 90

Apr

Members

of the Toronto

CO.

21 West 44th Street,

Stock Exchunge

38c

1.232

38c

May

75c

61c

64c

12,514

40c

Jan

81c

Feb

New York 36,

Mar

Direct Private Wires to

Canada

N. Y.

24%

4.80
95c

Feb

Apr
May
Apr

Apr
May

88

Jan

77c

Apr

90c

Feb

32 V2

Apr

115

114%

Feb

Feb

Jan

13%

Feb

8%

Jan

Mar

CANADIAN LETTER

fortnightly review of the

Feb

May

Mar

.

3.50 May

38c
64c

Feb

Apr

2.85 May

97

Mar

60c

•
———-100
-100
1
•
—3

10

120

13c

Apr

Apr
Feb

5.70 May

34

3.90 Mar

1
•

common

5 'A 7*

Geco

86%

22%c

Feb

60c

32%

2.85 Mar

Feb

90

4.00

Jan

3.10 Mar

Jan

6c

25

31%

4.00

Jan

32c

Exploration
Exploration of Alberta

Jan

Jan

6,223

27%

2.38

—100

Gaitwin

1.54

5,500

26

——

—

Jan

14%c May

2.39

1
•

Apr
Mar

27,366

•

——

33c

1.20

1.03

27%

1
1
25o

pfd

14 %c

34'Ac 38'Ac

1.09

Jan

3:35

1

page

12% May

Jan

Mar

1

Discovery

Jan

May

21c

1

Cordasun

Consolidated

May

61

64c

40

Jan

36

Jan

9'Ac

.......

A

12%

Mar

33

3,074

68c

Jan

18c

29% Mar

86

60

Apr

1
'

Petroleum

Mines

8%

50

34

58

Apr

7%C Apr

—_5

6c

'

Commonwealth

69c

8% Jan

7% Feb
1.191

4'Ac

Colomae, Yellowknife
Coniagas

11%

34

59%

Mar

Apr

1

_

11%

common

Debentures

96c

1

!

Cooper

11%

*
-10
20
1
1
1
1
*
25
*
-1

—

5c

2,000

65c

86c

*

-

^.OO Jan

32%

33c

4

A

Equip

3.75 Mar

•
100
*

J)

90c

1

Cody-Rico Mines

1,400

common

Ltd

General

Cochrane-Dunlop

5.00

8%c

34c
■■

1

Corp.

4.25

*

(A

Freiman

Apr

1

Mining

Apr

5.00

class A

Warrants

-25

Willians

Jan

Co

Cos

Fraser

4.40 May
16c

3.35 Mar

Apr

1.52 May

Gold

Motor

Ford

Jan

2.20

1.02 Jan

Jan

*
—*
*
*

Foundation

24c

123,150

—

class

Jan

Feb

17 %c

30

1.38

—20

1

Consolidated

9%c

Feb
Mar

Jan

1.15

Fittings Ltd class A
Fleet Manufacturing

7% Mar

45,575

♦

Cochenour

15%

Mar

1.22

Jan

6% May

4.30

Citra-Lartlc

121,850

8%
44c

2.95

Federated

60c

1.57 May

24

7.25

Kirkland
Petroleum

Apr

Feb

9%c

1

Chrysler Corp

1.30

Mar

Jan

Preferred

Feb

4.15

Gold

1.21

Mar

25

23,000

25%

Jan

47

38 % Miay
13
May

5.00

Fanny

6

7'Ac

.-.

20c

'7
32c

415

26%

Jan

25c
■

;

2.20 May

Players

Famous

5

4.25

Chromium

Cobalt

15%

1

Copper

26%

9%c

Nickel

1.35

May

4

7'Ac

Mines

25%
19C

1

Falconbridge

155

1

Chibougamau Exnlor

1,635
26,500

26%

-4

——

1

Chesterville

Chib-Kayrand

7%

36c 38 %c

Jan

18.766

Corp

Warrants

7c

-

1.74

-500

Research
Mines

7%

9%

21% Mar

11,725

Ltd

Mines

Francoeur

Chateau-Gai Wines

265

2.30

Equitable Life Insurance
Erie Flooring class A__

15c

2,000
16,900—

1.61

-10

_

_

9,875

24

28% Feb

8,081

13

24

May

52% May
17 % May

5.95

Farmer
Faraday Uranium Mines

10

Jan

70c

47%

♦

common

~

50

•

~~20

_

38%

12 %

25

Apr

2.20

Glacier

4.50

9,440

—1

1

—

31%

15%

5.70

Pen-Rey Oils
Sol Gold

2.70

1,500

1.90

;

Oil

__

5.75

1.80

1.05

May

5.95

3,200

4.10

5.55

87c

70c

2,300
11,376

3.80

1.90

19

357

77c
8.90

lii

—

Trust

Steel

3.15

8.40

4.00

i

10,075

Jan

75c

•

\

Oils

Preferred

19%

1.25 May

1

Gold

Chamberlain

Chartered

Mar

3.75 Mar

437

1

Central

Centremaque

50
500

1.37

8.40

I„1

Trethewey

Castle

19

3.80

3.00

•

17%

2.28

Ltd

Mines

May

19

1

—

Ltd

16%

5.75

Mines

Elder

Eldrich

Emerald

3.80

1

-

Corp

Mar

1.30

class A

Paper

Eddy

El

19

—1

Producers—

Oil

Canso

_.6c

_

Gas

—

Easy Washing Machine
Economic Invest

Apr

3.80

Western Natural Gas pfd.-20

Natural

51

1
1
1
—.——I
*

Mines

Metals
Steel

May

1.25

Canadian

Canso

25

Mar

1

—

Amphi

Estella

Canadian

52

1

Minerals

.

East Malartic Mines

El

106% May
47% Mar

Feb

102

Apr

37c

.—------

&

Mines

Dyno

Eastern

Mar

Canadian

Oils

Duvex

East

3.00

Canadian

17 Va May

19

7

—•
1

Mines

Brewery

61c
•

23% May

13

'

26% May

Jan
Mar

105

20%

203/4

—*_

—

—

Oil & Gas Reserves

Canadian

45c

6 %

Oils Cos

Canadian

5%

OX-

Jan

' Apr

17% Mar

Feu

9%

•

Canadian

Feb

50

13

■"..r

-23.50

Dominion Textile common

East
Canadian Hydro Carbons
Canadian Locomotive

5.90

9,075

.

24

•
•

com

Preferred

Feb

2.15
23

Mar

1.75

*

A

40% May

Apr

3,499

50

12'A Mar

:

Preferred

30%

35

Magnesium

Jan

Mar

Jan

1.35
40%

Dominion Foundry & Steel com

20

Jan

May

1.90

5.50

1

Jan

9%

common-

Products

50c

Jan

23

20

Food

1.74

Jan

1.26 May

1.31

Asbestos

23

Jan

Petroleum

Fairbanks

Canadian

1.25 Mar

Feb

15c

Jan

Jan

31c

38%

20c

19%: May

Dredge

Canadian

1.18

1.33

■

Canadian

1.10

1.10 May

39%

21c

22

""3

(Dunsmuir)

Devonian

-

20%

Warrants
Canadian

(Western)

Mines

1,000

10

common

11

1.04

2
2.50
—*

2,100

20

—

8%

11
98c

1.05

25o

22%

•

»

Feb

18c

35c

21%

~25

______

Chemical

76% May

54

1.45

22

20c

$1 preferred
Canadian

Jan

588

139

13,713

20C

20%

•

common

Feb

35%cMay

1.05

22

-20

—i

23

18
Apr
24% c May
105% Jan

1.00

21%

common

Class A

Jan

May

76

—

Seagrams

Dominion
Canadian

26c

02c

Ltd

Exploration

Dome

May

1.75

May

29 Va

Jan

10'Ac May

1
*

Devon-Leduc
Distillers

Apr

75

Minerals

31% May

Mar

85c

Producers

Rio

1.73 Mar

18c

Mines

Detta

44

Jan

25

41,460

37

Jan

Delnite

Feb

7.30

Apr

28% May

4,482

75c

Jan

60c

Apr

5.65

17,961

30 %

10c

14

39

31%

Canners

Jan

40c

7,398
3,875

•

Apr

Mar

65

45c

41%

3.30

Apr

12%

6.10

5.85

41 %

1.40 Mar

May

2.05

25

25

Empire Oils

90c

1,120

42c

•

—

British

13%

2

Breweries

Canadian

12,370

20

Commerce

Preferred
Canadian

2,800

3.00

69%

*

Oil

Canadian

B

1.00

13%

13%

12.50

pfd
Cable

&

90c
2.55

warrants

Petrol

v:

Jan

6.75 May

Jan

19c

75%

Feb

95

:

23%

Feb

1

5

Ltd

Mines

20
2.95

128

20%

3.50 May

2.05 Mar

1

._

Zellerbach

Cusco

8%c

1
10

Crowpat Minerals
Crow's Nest Coal
Crown

4.25

1

Mines

Pershing
Trust

1.15

1.18

*
1

Craig Bit

Crown

Apr

3.35

22%

Mining

Croinor

Apr

3.00 Mar
80c

Apr

22

Lead

Crestaurum

40c

2.04 Jan

3.15

D'Aragon

Canada

62c

22

Cliff Consol Mining

(H) Dist voting
Non-voting class B
Cosmos Imperial Mills

37%

Apr

9c

128,381
60,012

Jan

•
1
*

Corby

30%

May

126,700

73c

Apr

3.15

Copper-Man

30

32c

2.74

63c

May

10

—

Exploration

9.65 May

37 %

21c
2.42

Jan

10% Mar

Jan

;fp'32c)

1

Sannorm

*

38 %

Lands

Packers

49c

Feb

Gas

Consumers

Apr

36% May

Jan

May
Jan

Consolidated West Petroleum—

8.05

Jan

31c

31c ;

2.74

6 50

48c

29

Consol Sudbury Basin Mines
*
Consolidated Tungsten ———._—1

Apr
4.15 Apr

25,336

25,571

May

Consolidated

8

53

Warrants

Class

Jan

Jan

75

10

Machinery
Malting

Canada

Apr

21c

25

8%c Feb

16,826

;1,:-v:%160;::

36'/a

•
1
Orlac
1
Peak Oils
1
Quebec Gold
2.50
Ranwick
1
Red Poplar Min——1

Consolidated

29

35%

Apr

3.00

60c

Consolidated

35c

Jan

41c

Apr

27

2.00

19c

Jan

16,332

8,895

Apr

25c

11 %c

2.89

70,362

46%
17c

35,350

2.80

10,660

25c

15

A

Canada Life Assurance

Canada

4.25 Mar

47c

Feb

•

Foundry

Canada

Jan

68c

Jan

*

Iron

Feb
Feb

2.80

5,925

11 %c 13 %c

Apr

1.00

49c

42 %

•

Canada

3.60

34c

Jan

23c

65 %c

Negus

Consolidated

20

Cut

3.40

65c

21c

303,300

>: 41c

4%c

1
1

Preferred
&

54c

42c

885

1

class

40c

Mar

26%c May

522

54c

44c

7.000

33c

Red Lake
Exploration

Foils

4,000

68C

45,900

1

Crushed

40c

1

44%

9c 11 %c

44%

*

,

Canada

4,000

35c

19%c Mar

Jan

—4

Nicholson
Consolidated Northland Mines

1

Canada

10 %c

15c

36%

•

Mosher

33c

1

Flon

Canada Cement com

Canada

Consolidated

75c

8

Chibougamau

Campbell
Can-Met

May

16c

Jan

75

Consolidated

Campbell

Jan
Feb

A

Edmonton

Calnorth

Calvan

Mar

2.83

& Smelting
Consolidated Morrison Explor

ijc

27

A

Flin

Feb

15c

14c

11 %c

Mattarrow

Mining

60c

55

&

20c

May

3.50

Howey

Consolidated

600

9V2c

Steel

Callinan

9.75

120,400

44%

B

Calgary

Feb

8c

26 %c 26 %c

Consolidated Mic Mac Oils Ltd—

17c 23 %c

27 %c

class

7c

2,000

35c

•

9c ll%c

1

Hill

Burrard

30,000

16c

62'Ac 62 %c

class

Arrow

Consolidated

18c

Lake

Co

Jan

11,117

12% Mar

Products

&

2.65

I 05 May

15,457

%c

14 %c

Mines.

Guayana
Consolidated
Halliwell

22 %c

9c

Bulldog Yellow Knife

Burns

Lake

Feb

6.00

4.50 May

1

High

2.10

9c 12

Consolidated

13c

Canadian

Burlington

Gillies

Consolidated

Jan

25c

Ankerite

Bunker

May

1.75

Low

High

1.95

10c

Golden

29% May
48

Jan

1
1
1

Gold

Red

2.01

warrants

Consolidated

1.31 May

30

—7

since Jan.

Range

Shares

11 %c 11 %c

B

Class

Low

Rights

Feb

——1

Buffalo

Building

10c

Consol Fenimore Iron Mines

14%

Consolidated

———1

_

Buffalo
Buffalo

4.50

8c

4.50

May

17% Mar

;

24% May

320

18,600

*

Jan

43 %

3,772

48

1.44

Mining
Brunswick Mining
Algoma

29%

1.35

Brunston

Buffadison

29

47

1.43

—

Mines

Brunsman

-

48

1

B

Mines

Brunhurst

?

29%

25

Co

Mines

class

Mills

11%

11%

•

British

Reef

13

Apr

14%

class

for Week

Range
of Prices

Par

High

*

Packers

Last

Sale Price

1

r.ow

•

Forest

Columbia

Broulan

Jan.

Range since

A

Columbia

British

Buckles

Shares

High

Sales

Week's

Friday
STOCKS

Products

British

Bruck

low

27

for Week

of Prices

Par

MAY

ENDED

Sales

Week's

Last

WEEK

FOR

RANGE

Friday
STOCKS

79% Mar

50

\

(2506)

The Commercial and Financial Chronicle

..

Monday, May 30, 1955

.

canadian markets
RANGE

Toronto Stock Exchange

Week's

Friday

(Cont.)

iut
Sale Price

stocks

of Prices

—1

common

General

Wares

Steel

Geneva

Lake

Glenn

Uranium

God's

Lake

Gold

Mines

95

Jan

Madsen Red Lake

600

5.10

Jan

6.50

Jan

Magnet

6.00

1,445

5.25

Jan

6.45

Jan

Malartle

43

114

9%
12c

40% May

32,200

6.60

Mar

1,095

11c

7,010

1.12

1.01

1.20

69c

65c

70c

102

■"

Mar

45
11

Jan

Maple

20c

Jan

Maraigo

60 %c Mar

7.85

Jan

1.27 May

17c

25c

84,200

12c

Mar

25 C

Mar

15c

15c

20c

31,300

10c

Feb

19c

May

1

1.87

1.86

2.00

6,900

Jan

2.20

1

75c

70c

80C

46,000

Jan

1.33 Mar

Uranium

1.66

45c

Jan

Goldhawk

Porcupine

*

class

Grandines

1

Mines

33c
13 % c

Great

Northern

Paper

50

52%

Jan

375

6%

Apr

38c

55,000

15c
5.10

May

13c

4,878

13c

Mar

30c

58,800

39%

130

41,050

4.10
36 >/4

1

corn-

May

Feb

175

Great

Sweet

Great

West

Grass

Coal

_

__

-

61c

66,200

102 % 102%

•;

,..._

-1

.

10 %c

lie

10 %c

_1

Malartle

Gold

lie

9%c

12c

35,000

9%c 10 %c

12,190

•

Ltd

Oils

Jan

154,300

13c

29,200

26,237

9%

10%

106 %

.112

1,632

21 %c

24C

1,000

5%

5%

750

10%

_100

111

4
—

Maxwell

•

Ltd

Maybrun

_

Gulf

_

Mines

1

Oil

Gunnar

15c

28,000

9 %C

927

-/.'"33: .-/■!

4,411

54C

Apr

McKenzie

Red

1

37c

37c

38c

5,800

34c

28c

40c

...

•

common

Lake

Jan

McMarmac

Red

5.20 May

McWatters

Gold

3.9% May

33,650

46

505

45% May

48

1,935

18% May
1.50 May

2,01

2.39

14,716

7%

7%

7%

2.40

350

6%

6 VH

7

5%

500

7% May
4.00 May

,

Mar

4.00

Jan

7.75

150

9.35

Apr

1.35

1.25

1.40

62,616

18c

lie

23c

116,050

25

70

70

70

10

15%

14%

15%

25,784

9%

7.65

7.15

8.20

12,172

5.75
3.00

_.

»

Gypsum

__

4.00

Lake.

60 %

60

61

Merrill

Island

Apr

Merrill
Mftta

3.25

3.25

3.25

1,100

13 %c

13c

15c

239,885

8

15c

*

Hard

Mines

Rock

—,

Goid

Barding carpets
Harrison
Hartz

Minerals

—1

A.I

(F J class

Hasaga Gold
Head

Light
Preferred

Fee

Jan

7

Feb

Midcon

Jan

12

Feb

Mill

Oil

4

168,820

lie

Jan

60c

30c

38c

18,600

10c

Feb

60c

-1.20

1.49

43,460

1.10

Jan

1.75

75c

85c

19,900

44 %c

Jan

94c

Feb

9.75

Feb

i

1.21

Jan

f

'

24c

.'

75c

T

8.50

9.15

2,817

54c

5JC

59c

130,090

12%

12

13

1,209

11%

11%

11%

43c

43c

45c

4,910

39c

Jan

25c

2.C

2 DC

15,900

20c

Mar

4.10

3.95

4.10

7.000

3.00

Jan

6%C

6%c

8c

19,500

5%c

Jan

79c

1,750

19%

Power

9.15

1

_

19%

19%

1,770

40

40

50

60c

65c

13,709

com

-13.50

<4

City

•

Gas

Petroleum

Feb
Jan

40c

Jan

70

Jan

16%

Feb

Mining

Jan

8.75

Feb

Monarch

Jan

Apr

Jan

■

•

Jan

3.00

Jan

•

Moore

__

Knitting
Porcupine

Montreal

:May

•

Com

Moneta

Headway
Heath

Hees

Red

Lake

Heva Gold

High

Highwood
Hinde

Sarcee

Home
Homer

Howard

Hoyle

Smith

Paper

Mining

Erie

&

Jan

National

Cement

5%c

6 %c

10,000

21c

11,500

11c

15c

285

13,043

9.70

9.60

9.80

16c

18c

27,800

40%

40%

41

1,585

May

4,845

17 %c

Jan

10c

2,000

57

24%

3.85

V

6i %

3.70

20c

3.95
61 %

53%

22c

35%

class

2.60

■

20c

30c

34

35% May
10

Feb

7%c Mar

15c

Apr

45

50%

Jan

40

Jan

11 'A

48

417

35%

36%

6,553

35% Mar
10% Mar

11%

104%

4,335

7%

250

6C

7c

17,500

57%

6%c

11%

7%

58

1,340

104 % 104%
8

8

11%

Feb

11

Jan

4%c Jan

10c

Apr

49

60%

7

50

102% Mar

100

8

.

2,589

10%

Jan

14

13

470

11%

Apr

14% May

1.60

1.80

35,444

1.60 May

2.80 Mar

12%

19

100

17

•

34 %

34%

35%

970

32% Mar

A

100

103%

66%

:

Petroleum

•

Line

103% 103%

50

99%

66%

21,375

55

Jan

138

60

133

Mar

24%

26 %

5,808

24

25%
•

29 % Mar

1,865

13% Mar

15% May

25%

30%

15c

31,000
II,000

18c

22c

33,200

8c

1.60

1.60

45c

60c

9c

8%c

9%c

10c

7c

18,895

—1

13,500

1

10 %c

10'/8c 11 %c

1

41 %c

41 %c

46c

96,100

53c

66c

1.45

43c

Feb
Jan

Feb
Mar

8%c May
9%c Jan

69,300

1.87; 2.16

7,100

57c

2.16

8,500

Apr

5%c Mar

2,000

51c

f

41

%C May

32c

1.77

Jan

Jan

Jan

18%

20%

1,445

11c

33c

Kirkland

1.86 Mar
76c

Lake

Townsite

New

(John)

Lake

Dufault

Lake

23,850

lie

Feb

23c

Mar

Leitch

Class

Jan

24

1,675

21%

Apr

23

May

8,127

8.15

Jan

19

May

19,650

1.10

Apr

1.15

1.28

44,020

75c

-13c 15%c

43,450

13c

May

6.35
26c

Jan

600

1.75 Mar

2.50

Jan

3.50 Apr

4.35

Jan

19%

20

12%

435

17%

Jan

12%

150

12% May

7c

9c

22,000

5%c Jan

64c

65c

1,200

21c

97,800

79c,

46,450

16c

65 %c
3.00

3.15

79c

93c

45%

575

75%

76

57,066

13%

Jan

12 %c

Apr

Apr

78c

Jan

Jan

25c

Apr

Jan

3.00 Mar
61c

Jan




page

51.

f
i

1.10

1.35

341,738

2.50

1.05 May

1.55 .Feb

'

5,666

16c

Jan

25c

Jaa

;

66,900

Dickenson

.50c
—1

2.12

2.11

2.15

6,410

31c

28 %c

35c

45,650

25c

13c

14C

2,125

lie

24c

26c

13,250

24c

New

25c

48c

271,466

15c

37c

37c

45c

93,350

Goldvue

New

Harricana

New

Highbridge

New

25c

——

Mines

Hosco

3.15 Mar

Jan

48c

Mines.

1.01

New Fortune

New

2.15 Jan

II

1.01 Jan:
2.00

1.34
2.70

Feb

Jaa

Apr

;;

18C

Feb

-i

40c

Jan

7

Jan

50c

Mar

21V2c Jan

68c

Apr

lie

May

72c

1

8%c

8c

8 %c

.1

7%c

7%c

V 8c

3,965

5%c Jan

9%C

New

_•

53c

48c

G4c

145,500

18c

Jan

75c

Malartle

Kelore

New

Laguerre

Newlund

Mines.

Mines

New

Marlon

New

Morrison

25,500

Jan j
Jan

New Jason Gold.

Hugh

7c

Feb

18c

15c

21c

326,300

6 %c

Jan

22c

Apr

A

32c

23c

35C

26,890

12c

Jan

43c

May

49,400

10c

May

28c

Feb

.1

10 %c

10c 12 %c

25c

23c 26 %c

53,525

23c

May

40c

Feb

14c

Mines

^

Apr

May

.1

——

Gold

1

Apr

14c

16c

37,100

7 %c

Jan

40c

Feb

4%c

4c

5c

51,000

4c

Jan

8%c Apr

9%c Apr

Ltd

Being exchanged for
Consolidated
tions
One
New

Morrison

Explora¬

each

old

Ltd
for

new

two

Mylamaque Explor.

Newnorth

Gold

New

Norzone
Pacalta

New

Rouyn

New

Ryan Like Mines.

—

Oils

6c

Merger

8c

33,100

4%c Mar

11c

12c

13c

24,000

5%c Jan

Nib

Oils

of

Canada

Mines:

Rim

;

1

i

2.65

"

2.15

2,958

Apr

15c

Feb

2.40

20c

May

11c

-Jan

37C

3.20 Jan

Apr

ll
-1

9c

May

23c

May

78c

Jan

5c

Jan

j

8c

19,500

1.30

26,593

1.10

Jan

2.45

2.35

25,700

2.10

Jan

3.10 Mar

,f

Feb

|

May

/

Jan

May

14c

50*.

..5,088

46

May

50

14c-

.1,500

11c

Mar

17c

47c

58c

92,014

15c

Feb

89c

Apr

711c

11c

6,000

11c

Jan

18c

Mar

4:05

f.

-4.20

4,401

.21c

25c

38,800

u

*

Jan

;

49
V,

8c

2,500

9c

8c

■»■.

11%C
54c

9%c May

7c

-

49%

.__

Norgold

<

May

32c

1.20

.

i

2.29

new_.

15c

212,600

2.20

7c
1.25

1,500

40c

32c

-

;

18%cMar

15c 18%c

-1

Mines Ltd.

Mines

8c

77,860

.

•

If

Corp

33,000

14c

2.50

1

Mlnea

Nordon

9%c

12c

9c

Yellowknife

Nickel

8c

12c

»;

v-

11c

—

4.20

—

Oil

Star

23c

H

20,500

8c

Jan

18

May

Jan

Jan

1

9.00 May

j

17c

Apr

60c

Jan

96

Feb

*

Apr

j

"

Northern Canada Mines
Northwestern Utilities pfd
Nudulama

46c

Mines Ltd

46c

800

92'%

.93

180

64c

79c

29,250

7%

{
100

8.

2,930

35c
Apr
91% Jan

-

♦

79c

Oakville

Wood

Obaska

Lake

O'Brien

•

_.

33c

Gold

•

—Il

1.15 May
4.00

95c

Jan

Apr

•

Oil

•

Jan

:99c

7c

8c

43,467

-4%c

29,200

91c

91c

1.20

1.35

1.40

8,200

28c

25c

30c

15,000

•

Conv

pref

4%c

4%c

4% c

10,000

•

2.80

2.75

2.90

4,975

LlO

12

12

12%

90c

6%

ser

A.

Apr

7c
1.10

92c

1,500

4.00

37,077

[

Jan

Apr

11c

16c

13,000

1.39

_

13c

30c

5,925

18c

-90c

Malartle
'
Omnitrans
Exploration
Ontario Jockey Club com.
Warrants

600

May
May

75c

10c

65c

16c

—1

Oils

8

Jan

6c

9c

61c

Okalta

Feb

51%c Jan

7,500

9c

61c

Selections
Oka Rare Metals
Mlning.
O'Leary

6%

.

;

9c

1.30

Jan
Jan

May

Apr

1.60 May

,.

1.59 Feb

22c

Jan

60c

3c

Jan

7%c Apr

2.25

11
60c
2.30

Jan

Mar
Jan
Jan

2.95

Mar

:

Apr

12% May
92c' May
4.30 Mar

Jan

Apr

Jan

14c

Apr-

8c

Jan

16c

Jan

Oslsko Lake Mines.

X

39c

38c

40c

7,500

38c

Apr

53c

Jan

1.25

1.25

300

40c

Feb

7c

Jan

1.65

1.72

7,278

1.04

94c

1.25

169,400

56c

Jan

14 %c

14c

15c

17,500

12c

Mar

1.65 May

40c

Feb

1.30 Mar

26%

Jan

__

3.95 May

5.15 Mar
66c

Apr

1.35 May
10c

May

Pacific

Coyle Navigation
Pacific (Eastern)
Pacific

Page

2,555

14c

3.25

6,000

39,000

8%~

10c

6%c

160,800

58,760

3.95

17%

8%

May

500

1.23

58c

10%

4,505

16%
''

8%
10 %c

67c

1,000

8%C

1.80

2,610

16%
1».

{;

Feb

10c

8c

353/4

40c

-3.60

1.06

35

1,000

Mar

10c

Jan

51c

52c

16c

n

3.60

15 %c

1.60

Jan

J.

5.95 Mar

Feb

8%c

10c

130,470

52c

4.50

42,000

3.90

52c

1.61

725

11c

:

; I

Apr
Jan

3.60

40c

35%

4.75

52c

Oil

37c

1

43c

1

4.55

8%c

Nicked Mines.

Trinity

4.65

Jan

Orenada Gold

Jan

*

3.45

20 %c Mar

11c

Warrants
North

-

■V

,:4.65

Gold

Rankin

North

—

Orange Crush

2.95

•

■„

1.70

see

Jan

Apr

1

MacLeod-Cockshutt Gold Mines
MacMillan & Hloedel
class B

43 c

15c

9,383

j

May

1

84

75,225

1

24c

1.07

Petroleum.

45% May

10c

1

12,240

Feb

Mar

4.30

10c

8C

28c

4c

3.65

1.17

Apr

24c

'

Dehli

68

4.20

•

i

74c

May:/

3.85

7c

1

Apr

Jan

1.65

1.01

Davies

New

Opemiska Copper

7c

•

35c

42c

17 %c 18%c

New

41% Mara

580

8c

,

May

8%c
15c

27,090

45

20

60c

19,800

93c

45%

75%

Jan

Jan

27,732

Jan

1,156

Ii

_

Mines

footnotes

Jan

40c-

2.20

65 %c

Mines

For

May

Mar

3.60

20 %c

*

MacHonald Mines
Macfle Explorations
Mackeno

5.40
18c

Apr

1.45 Mar
35c

2.00

3.00

Louvlcourt Goldflelds
Lyndhurst Mining Co
Lynx Yellowknife
;

Macassa

18,450

Jan

May
22%c Opr

3.30

3.50

1

_i

2.54

11c

57c

;

Canadian

1

Gold
Long Island Petroleums
Lorado Uranium Mines

27,400
63,000

44c

Jan

Ogama-Rockland

B

1.85

16c 23%c

55c

Inca

985

Lomega

i

May

North

Mar

3.10

•

Feb

40c

North

1.10

18%

•

•

30c

Jan

23,100

Jan

13c

3,530

A__

Jan

-'2

42c

1.52 Mar

23c

class

1.65

18c

41

40c

_

21c

36c

Groceterias

4,000

'■>.

28

42c

New Continental Oil

Mining
& Mines Ltd.

12c

2.95

Petroleum

Loblaw

21c

>

Feb

Jan

Mar

I

Norpax

5.50

Little Long Lac

21c

21c

_

26

Jan

Normetal

22C

Gold

125

Feb

May

Mar

28c

Gold

1,640

39%

7

2.10

May

75c

Mar

5.40

Lexindin

Liberal

28'%

39

28%

10

_

1.51

84c

17c

23c

Lencourt

5,275

,

Jan

Apr-1/
May

55c

:

17%

7c

1.68

Apr

17% May
28%

50c

Jan

12%c

21%

1

1.60

2.72

Jan

27% May

45c

Mar

3,500

18

j

30

Feb

11%

1,285

•

Apr

May

72c

137,7UO

28

1.65

2.U2

17%

27%

14

15

2,800

Mines

28c

~

;

Jan
Mar

3,665

Norlartlc

3.00

IIIII*

l.iZ

17%

27%

13

17,155

Jan

5.40

Gold

1.98

17%

12%

Apr

22%

19%

>

70c

85c

•

3

2.70 Mar
1.97 May

May

55c

50c

i

„

May

2.75

Apr

j

Laurentide Acceptance class A
Lavalie Mines

42

60c

Jan

j

Laura Secord

v

Jan

55c

65c

5,500

3.60

s

26% Mar

Mar

60c

33 %c

1.30

♦

Jan

55c

1,785

1.25

HUH"

73C

2.75

5,500

Mines

I

f

Jan

1.35

68c

i

Gold

Mar

28c

41c

1.28

*

25

1.79

36c

1,500

Mines

;

52

Jan

52 %c

68c

Mining

Shore
Wasa

Lamaque

_

_

35c

35,000

Lake Osu

Luz

_

40c

•

Jan

20% May

May

Oil.

Nlsto

16c

1.28

!
y

Feo

Mines—

Noranda

11 %c

14 %c

1.45

May

i

Development-

Jan

May

l

Jan

9c

1.40 May
80c

2,000

„

,

Dominion

Feb

17

i

Mar

4.10 May

Calumet

Jan

2.50 Mar

8%c

18c

Mines

Mar

56c

Concord

86c

23

15c

Lingman

13%
14%

*
_

British

New

Taku

Jan

•

13
14 %

_

New Thurbols

Feb

15 %c

—

12

31c

New

New

5vbc

14 %c

Mines

May

New

Jan

15%

16c

Ltd

Mining & Exploration

Cinch

13

14%

Oils

Jan

18% May

J20o

Ltd

394,650

•
,

Bristol

Jan

17c

9,500

—1

13,400

1.97

Bidlamaque

New

67c

3,495

1

•>

Mines.

1.75

£0c

23c

18%c

6c

,

1.50

1.85

Uranium.

Superior

167/s

35c

1.60

1

Mines

New

5%c

40c

32%

Senator

16%

A

Copper

Labrador

Labine

New

5%c

-1

______

16

1,795

Alger
Athona

North

Labatt

_

_

Ltd

Mar

16%

A

Hudson

Klrkland

1,055

40%

Apr
Mar

14c

Mines
Mines

13

Jan

16 %c May

1

Keyboycon

Oils

18%

17%

.—25c

Car

New

1

Gold

Kerr-Addison

47C

17

«

Ltd

common

Nlplsslng Mines

Kelvlnator

La

Feb

Mar

8,320

6%c

•

Nesbitt

66% May

15%

13 %c

llBo

103%
142

29%

18c

Mines Ltd

Apr

15%

1

Oils

37%

27%

,14C

Gold

May

15%

6%c

Joliet-Quebec

May

19

Feb

28"%

—1

(1939)

Feb

63

—I

Mines

Jan

.138

_100

.

Pipe

:r

19

;

i,

11%

.12%

1

Lake

May

8% May

13

19

Exploration

Lake

Apr

105

1.69

Jasper Oil

Lake

Jan

12%

Jaye

Kroy

Apr
Jan

pfd___25

-

Kristina

Jan

16%

39%

5

Petroleum

New

47%
36

65c

40

17%

•

_

Jan

I,250

Gold

Kirkland

4.30 Mar

61% May

42,200

8

Keymet

May

Jan

7.50

•

Kenville

Mar

Jan

51%

210

25c

7.25

Interprovincial

Jupiter

New

41

Explorations
Grocers

Mining

New

8%C 10%c

Interprov Building Credits

Jonsmith

Jan

Jan

7.35

common-.--..*

International Nickel Co

Joburke

15c

i

Metals

Mines

Feb

Nello

60

10

Preferred

__

Preferred

24% May

8%c

57%

•.

t,

Feb

May
Apr
7.05 Apr

•

pfd

International

Jellicoe

8%c Mar
30c

10% May

Mar

30

4,500

35

5.00

Feb

7.50
14c

4,806

20c

Jan

15c

15 % Mar

2,650

58%

8

Powders

Waite

4.00 May
4c
Jan

22

•

Bronze

Jaculet

160

10c

100

Inspiration Mining

International

4.25

56%

_1
common

preferred

Preferred

4.00

10

Acceptance

_

Trust

77/sC Jan

1

International

Jack

Rteel

29,000

1

Ingersoll Machine class A
lngiis (John) & Co

Jacknife

National

35%

Lake

Inland

National

Feb

483,100

•9c

V2

Oil
•
Imperial Tobacco of Canada ordinary 5
6% ' preferred
;
£1

$4.50

Apr

1.15

56'/4

1

:

:

Bank

Industrial

3.10

91c
8%c

24

new

Oil & Refining Ltd
Hy-Charger Petroleums

Indian

Jan

•

Smelting

Husky

Imperial
Imperial

20c

•

Bay
&

National
National

Feb

18c

•

common

Hugh-Pam Porcupine
Huron

Apr
Jan

1

Mining

Hudson

12%

.

May

Jan

1

Ltd

Chemical

&

23 %c

9c

9%

40%

*

__

24 %c

1.12

7.85
53c

2,201

5

Drug

Preferred

Apr

•

Yellowknife

National

Feb

*

;

May
May

Jan

8

Oil

•

Ltd

17c

*

___

9

63c

10

100

...

60c

Mines

12 %c

5 %C

Consol

Jan

Apr

Creek

7,100

•

Dauch

&

Hollinger

8

50c

Nama

2,516

1

Ltd

Oils

Apr

c

4.00

Mines

Crest

Apr

Apr
Mar

Feb

22c

16c

20c 21 %

__*

H)_

50

.

common—

15%c

1

(George

16,080

53c

3.40

79c

__

pfd-....

Locomotive

Corp

10%

1

Gold

295

59C

10 %c Mar

.

-

MJnd&mar

Apr

61

•

Brick

Jan

29c

52 >/4

Minda-Scotia

May

4.25

9c

Milton

Apr

1.55

16c

1

Iron_

8%
10%

8

.

53c

1

;

Lakes

of

Mar

36c

„

Mine*

Mexican

9

10%

*

«:

Feb

1.26

1

Petroleum

Multi-Minerals
Hallnor

Apr

43c

Feb

1

__

Uranium

62

650

.1

_

_

May

May

50c

Exploration

7%C

59.150

.

Lime & Alabastine

Gold___

37%
74

67% May

30c

Mentor

92c

100

20c

1

_

Lake

15c

1

common.

Gwillim

4.00

*

Products

Gurney

Apr

23% Mar

5% Jan

1

_

22c

Feb

74

20'/2

9.30

Mines

Jan

5% May

Jan

37%

20

Warrants

Apr
Mar

May

2iC

Jan

72

...

Frontenac

Jan

___1

___

v.::/3

13c

45%

2.39

Lead

Gulf

10%
112

Mar

36%

46

_

Ltd

Feb

2.33

42c

Feb

9
14c

Apr

Apr

44C

100% Mar

74

McColl

4.10 May
29

1

Mines

16 %C

Jan

6%c

2.22

Jan

13 %c

Mar

70c

1.90

8%c

'

Gulch

Mar

Apr
Mar

18C

Mar

2.15

*

com.

9C

7c
30c

12 %c

Consolidated

104

Apr

May

6,400

1

Preferred

1.06

32c

1

______

Apr
Jan

1.39

31c

-

Mining Corp
Martln-McNeely
Massey-Harris-Fergmson Ltd

100
10 %c

8,200

25c

Jan T
Jan

27c

15

12c

Feb

13c

15,100

.

_

49c

1.93 May

Jan

8c

1,62!

37%

7 %

♦

B

Freehold

61c

1.60

•

4.00

1
A_

45,500

Porcupine

5%

*

_

class

26,200

Mclntyre

8j/4

3.50

1

Development

15c

1.85

1

High

Feb

53% Mar

7

50

_____

_

-

Plains

Class

Apr

150

40

6,550

12c
1.81

1

Jan.

May

11c

3.75

Utilities

Gas

Preferred

Gridoil

79c

Feb

7%

5.00

*

common

Warrants

Great

Feb

5: %

39%

1

_

Lakes

18c

5'/4C

30c

„

•

Mines

Great

11,000

150

a

A

Bousquet

Granduc

485,336

7c

6%

.

Mackay

58c

53%

common

Preferred

Graham

44c

6%C

1

Tire

Goodyear
Gordon

45C

_•

—

Mines

1.90

12c

100

since

Low

1.84

•

Milling pfd

Matachewan
Goldora

1.75

1.90

Range

High

1

Maritime

22c

Manitou

Marbenor
Marcus

Marigold

1

Goldfields

1

Mines

Feb

82c

1

....

Leaf

Lew

Shares

_1

_

Goldfields

Maneast Uranium Ltd

Feb

6.00 May
1.01 May

20,885

Gold Mines

Consolidated

Apr
10c

55,240

*

Mines

Eagle

Golden

9%
6.00

89

of Prices

Par

High

Sales
for Week

Range

Sale Price

"

6.05

1,194

Week's

Last

\

40%

9%

Mines

Gold

Goldcrest
Gold

Lota

l

94

11 %C

—1

STOCKS

Range since Jan.

High

6.10

1

Yellowknife

Giant

common

27

5.75

43

*

MAY

ENDED

5.90

—

__

a

class A——

Products Mfg

General

.

1

A

WEEK

Friday

Shares

__

Petroleum

Class

FOR

'

for Week

Low

Par

General

Sales

Range

1.85

Jan

1.25 May

11%

Tubes
Porcupine

Western

_10c

Paramaque Mines

69c

Apr

Parbeo

Jan

Pardee

Amalgamated

36% May

Parker

Drilling

14c

19,500

11 %

10,155

-

Mines

1

Mines..

1

28c

65

67

260

57c

1,500

27%c

30c

7,200

8c

1

Jan

%c

10%
56 %c

65

OH

22c

1.84

12

Petroleum

Hershey

Pamour
Pan

_

9c

7,700

1.05

Jan

11 %c Mar

10%
65

Feb

May
May

1.40 Feb
23c

Jan

12%

Jan

73

Jan

72c

Apr

25%c Mar

38c

Jan

Jan

13c

Apt

45r

Mar

55c

6c

16 %c

21c

128,840

15c

Feb

1.55

1.23

1.^

62,343

08c

Feb

1.95 Mar

3.35

3.35

3.1*-j

200

Apr

5.00 Feb

18c

2.75

.

-

Volume

(2507)

The Commercial and Financial Chronicle

Number 5433

181

51

CANADIAN MARKETS
RANGE

STOCKS
;1

■J'-:

Par

Pathfinder

Paymaster

Low

Con sol

Range since Jem.

Shares

47c

56c

67c

31,623

_1

33c

33c

36c

14,980

1

8.30

People's

«

Jewellers

Credit

-

1
1

Gold

Goldftelds

Oils

Peruvian
Petrol

Oil

Pickle

Crow

__

...

Placer

9 tec

Jan

114% May

19'te May

Trans

Empire

Feb

Trans

Era

103

May

14c

Apr

Trans

Prairie

Feb

Feb

Triad

2.35

2.00

2,400

13c

lie

14c

59,700

32%

32%

35

3,465

30 % Mar

94c

9<ic

97c

4,700

68c

1.55

1.95

•
„

'

■•

11c

Union

Feb

2nd

1.10

Jan

Jan

Power

Feb

_

East

58%

59'te

315

2.05

Jan

360

18'te
7.80

1

7.10

7.75

3.70

4.00

3.75

Mines

Chlbougamau

1

.

__

Lithium Corp

Quebec

Manitou

Quebec

Metallurgical
Nickel Corp

Quebec

Gold

Queenston

Milk

Quinte

United

United

Steel

9.60

9.40 Mar

3.90

2.15

Jan

3.45 May

14,000

10c

Feb

4.10

30c

Jan

May

20c 20'tec

4,335

19c

Feb

24

23%

24'A

2,590

20%

Jan

24% May

9-

Feb

9% Mar

84c

Feb

7%

7%

7%

150

1

2.35

1.50

2.38

935,998

10c

,

—

2,700

Jan

1.60 Mar

_

-

4%c

191,500

common.
—

Jan

Apr

Western

Naco

65c

Mar

Western
Weston

(Geo)

1.40

1.50

14,870

36C

35c

49c

1,128,400

1.96i

Mar

24c

16c

Feb

Wllrich

Jan

56

Feb

12

.1,161

10%

30

25

4'tec

11,000

16%

562

Apr

13%

Jan

7§*A

6,465

1.50

30'A

Jan

Windward

Jan

5%c

Apr

Winnipeg

18%

Feb

Winora

3'Ac

15% Mar

4.60

Jan

9c

64% Mar
1.50

1.95

111,534

15c 17'tec

4,790

4.75

163,150

3.80 May

12% May

12%

12%

12%

1.87

1.80

R94

14c

25

8,995

May
May

1.10

Jan

Sickt'

Mines

(1945)

13%

13%

1?%

25

2.45

2.30

2.50

15,870

58'A

60

3,780

52

53

300

54

54

70

9c 12 tec

90,600

7c

Mar

75c

Jan

12c

1

Breweries

Yukeno

54%

27

6.80

Stadacona

Mines

575

Jan

Standard

5.00

Feb

Brock

Stanley
Stanwell

Oil

18c

18c

23c

52,200

10 %c

Jan

92c

92c

96C

98,350

90c

Feb

54c

51c

60c

5,500

51c

May

25c

1.50 Apr
79c

Steel

11% Mar

10

11%

Feb

lite

Feb

Asbestos

15te

Apr

21

Feb

Brown

612

46c

53c

60c

53%

Steep

43te

43te

Feb

52c

82c

28 tec

33c

1st

34te

Jan

.7

5

80c

3,oal

55c

11c 12 tec

5,500

11c

Feb

7

80c

May

May

17c

Feb

104,415

5 Vic

12c

9.55

9.30

9.55

15c

15c

4,100

32c

36c

63,400

7.60

26,882 i'

6.85
•

23

Preferred

Jan

Jan
Jan

12 tec Jan
30c

26 te

26 %

26 te

235

19

19 te

1.04

1.04

Feb

•

Industries

1

4.00

1.43

7% Jan
Jan

999

19

Jan

10

102

Apr

10c

9,000

3.70

4.10

12,600

1.43

1.48

Feb

24%

9c

-50o

Inlet

Switson

460

9c

May

3.00 Mar
1.37 Mar

9,100

•

Tamblyn
Tandem

Ltd

common.
.1

Mines

.1

2.85

48

140

42%

9c

12c

25,700

7%c

9te

48
11c

•

Taylor, Pearson common—.
Teck-Hughes Gold Mines

9te

215

2.80

2.90

10,610

48

9
»•

31c

Coast

9.60

17c
55c

Torbrit

Elevators

9%

Feb

;

Toronto General Trusts_______
Toronto

Iron

Works

common




Mar

4.85

Feb

1.45

May

6.70 May

6.50

6.25

1.45

1.45

1.64

9,850

12c

13c

10,100

10c

Jan

20c

Jan

83%

83%

86 te

1,220

57

Jan

92

Apr

104% 104 'te

50

103

Mar

1.90

2.10

29.535

66c

62C

68C

38,700

10%c

10 %c

lie

28,000

7c

Jan

7c

8c

14,600

6c

Feb

ll%c Apr

24c 31 tec

89,400

6 tec

Jan

3&c May

12

Apr

104'te

1

7'tec

_1

12 te

37,500

1.90 Jan

13%

41tec Mar

1,994

24c

12%

138,100

20c

2.00

1.97

2.05-

51c

55c

25,800

23c

34c

177/8C

1.55

12c 12% c

61c

75c

50c

50c

63c

Apr

13c

Apr

19te

Jan
Jan

May

2.70 May

Develop—

Exchange

Jan

34c

May

Jan

25c

Apr

7c

1.40 May

1.82

Jan

10c

Jan

14 %c

Apr

205,800

20c

Jan

1.37

Apr

7,650

50c

May

74c

•

Sales

Range

for Week

sine*

Range

Shares

Jam.

Low

High

Feb

7

570

12%

4,605

;

37

36 te

37 te

2,750

16

15%

16%

114te

lllte

115

8,435
2,697

5.70

5.60

5.95

3,200

5.60 May

7.10

Feb

1,735

20"% May

22%

Apr

37

Jan

43 te May

10%

Jan

13 te May

32 te

39% May

Feb

14%

Jan

105

Jan

16%

32 %

253

22

3,407

19% Mar

6'te

1,310

5% Mar

125

12 te Mar

17

185

57te May

70

Feb

2.00

Apr

*
*
com—•

17c

18%

17
59

1.50

5
38

1.50

200

38

7,323

17c

18c

2,715

15tec Apr

18 te

18%

1,110

;

<

11

35

25%

26%
33

Jan

Jan

29

May

35

Jan

Jan

104

May

41

May

19

80

392

7te
5

98%

96

98%

41

39%

41

12

12

12

25

9

Mar

6
5
*

—

72

71 te

72 te

440

58

63%

61 te

63%

1,350

25%

25%

25%

135

1,240

&

Ontario Paper

Molson's

Ogilvie Flour common
Pato Consolidated

Brewery

Pend

class A

Jan

Jan

77

Apr

48te

Jan

22'A

Feb

63% May
25 te Feb

34

Jan

44

41

40

41

100

6.90

6.25

6.90

4,240

5.00

4.85

5.00

535

52%

.51%

52 te

775

*
2
1

8'te

8'te

8%

560

5%

Jan

8te May

39

36

39'te

1,560

31%

58c

60c

7,660

51c

Jan
Feb

39 te May

58c

25 te

25 te

25 te

25

5.75

Feb

4.60 May
44

Jan

7.10 May
5.80

Apr

Third

Jan

Thrift

Jan

1.20

Jan

75c

May

15c

Jan

80c

41c

55c

38,164

41c

Apr

61c

31c

35c

9,200

24c

Jan

37c

May

1.35

1.30

1.39

10.550

1.19

44 te

44 te

44%

1,720

42%

Feb

48

Feb

16

Feb

18%

Jan
Apr

Invest

Consolidated

Yukon

May

31c

Gen

Stores

25 te May

68c

Jan

28

Feb

Apr

51c

Canadian

Zeller's

Ltd

__r—

16

50

20

38%

38%

230

*

21 te

21 te

50

:——1

12c

23

150

12c

13c

7,000

Apr

1.48

Jan

FOOTNOTES FOR OUT-OF-TOWN

34%

Feb

40

21

Jan

22% Mar

20%

Feb

23

8c

Jan

18c

Jan

May

No par

a

Odd lot sale

(not Included In

year's range),
delivery sale

d Deferred

(not included

In year's range),
Selling ex-Interest;
f Flat price.
rCash sale (not included In year's range.
e

AND CANADIAN
t

value.

to unlisted trading

privileges.delivered,

wd When
wl When

issued,

x

Ex-dividend.

y

Ex-rights,
Ex-stock dividend.

z

MARKETS

Ex-liquidating dividend.

(Un) Admitted

Apr

52 te May

48 te May

4.90

Apr

*

*

Bros

19c

Jan

1
1
—*

i

Oreille

10

*

13te

\

Inc

Jan

30

33te Mar

85

;

k Jan

41

*

common

Utilities

20o

20

Mar

32 te May

650

32%

38 % May

24% Mar

4,189

27

Jan
May

18% Mar
35

25

26

25%

7%

34te May

.

Jan

24

1.50 Mar

35%

.

35

1
*

Hayes Steel

32% May

Jan

30

Feb

21%
17

new

Utilities

.

57 te

Mines

Intel-provincial

21%

Feb

116

6%

21%

Lumber

Paper

21

32%

21%

Securities

Jan

8

7

41%

12 te

nil

common

1

High

41 te

—

Apr

1.85 Mar

Week's
of Prices

7

Sugar

I3tec

4.10 May

Curb Section

-

12%

"

Copper

Gaspe

Minnesota

4,000

16

Apr

41%

HZ5

Invest.

Canada

of

Loblaw

37,100

16

Feb

2.69

Funds

Low

I~5

Apr

85c

—0

Jan
Mar

43c

May

7c

13,175

65c

90c

Jan

65,870

Feb

2.58 Mar

61c

39c

18,100

1.60

105%

1.01 Jan

r

511,567

13c

1.4C

1.68 May

9'tec Jan

5,500

*

.

Class

22 te Mar

61c

23

Exploration

Feb

42

—

Paper.

104

75c

Class A

Towagmac

40

Jan

Last

Bridge

26 te Mar

55c

10
,

Mar

38

—1

Oil

DuPont

Jan

v*-

1

Silver

30

225

12%c

1

Mines

Paper

•

Toronto

20

40 te

1

Westinghouse

Dominion

8.30 Mar

1

■Toronto Dominion Bank

Apr

33'te

40

6.70

(1954) Ltd com.

Dominion

May

55c

Gold

May

33 te
40

_

PUip

Dalhousle

Apr

*

Tomfcill

25

-

Copper

Consolidated

Apr

•

Tiara Mines

20c

Jan

13c

Western

Canadian

May

.1

.Thorn pson-Lundmark

1.51 May
23'A May

23

-

Marconi

Price

Sylvanite Gold

Apr
Feb

1.51 May

657

1

International
5.10

25,810

8%

.100

Preferred
Surf

7.20

8%

19 te

(ordinary)

Supertest

6.75

8%

Mines.

Cons

May

21

25

24c
_

General

International

Propane common.

50c

15c
May
16'tec May

lie

5,050

53c

Dominion

&

Canadian

50% May

10c

Sullivan

Jan

25

Dredging

Gold

Canadian

May

Jan

27

lie

Superior

Jan

4'tec

25

common—

Canadian Indus

34 te May

41%

50%

33c

Jan

O'mc

64,750

May

Apr

19'tec

preferred

Canadian

Jan

9,122

49 te

„1

40c

21% Mar

£014

Contact

Sudbury

Jan

100

695

._1

23c

176,300

14c

*

1.00 May

26

640

25%

Mines.

31,200

12c

12c

30c

Corp

Co

Bulolo

43 te May

Apr

26c

4,837

33te

Jan

50c

9,793

25

Iron

45c

9c

12c

May

35%

25

72c

25%

Rock

39c
ii tec

•

Apr

65c

Sturgeon River Gold

—

—

Newfoundland

Anglo

Apr

Jan

36c

2,600

Feb

51te

30

50c

38c

12,500

52

7

„1

35c

Jan

I

1

Canadian

Anglo

2,085

28 '4c

Mining

Steeicy

12'te May

•

May

ll3A

Canada.

of

72% May

Jan

30c

1,005

.—

National—.

Andian

May

1814

lie

Jan

8

Par

lite

Bros

Stedman

66

1,888

May

18

52

Gold.

Olsen

6tarra:t

4,070

12 te

Friday

lite

B>

72%

12 te

?ale Pricei

lite

Gas

71%

12 %

STOCKS

12

34

class

&

72'te

Canadian

5.50 May

Paving

14

—

28% May

400

(1944)

11% Jan

Apr

29

72c

2,160

Apr

5.25

l

1,000

13%

Toronto Stock

1.18 May

29

4.80 Mar

28

43 te
;;

Oil

45c

13%

—

*

_

Bear

Mar

30%

46c

Union

60c

40c

13%

Apr

16c

Jan

Jan

Co

Southern

3.25 May

170,016

Mining Corp

Zulapa

Canada
Soutbam

Jan

May

53% May

53%

27

.50

Apr

72c

May

11%

pfd
Valley

Apr

33

9'/a

1.75 Mar

io

Jan

8c

20c

Zenmac Metal—

Jan

50% Feb

330

50c

8t),a

Jan

8% May
67/8c Jan

Feb

2.52 May
60

5,300

-_1

3.^0

Mines

1814

Somerviile
Souns

Jan

2.98

Yellowknife

lite

Gold

Siscoe

2.ao

12c

Mines

Feb

15

12,712

Ltd

3.^0

Yale Lead & Zinc

Feb

4.95

17

1.10

B

Class

Simpsons

1

v

Jan

19%
I

Mar

1.37

3c

23c

Yankee Canuck Oil

6.00

class

Dairies

Silverwood

50c

Central Gas

&

Yellorex

1

Mines.

46c

Gold

Jan

.50c

Mines

98,825

50c

Mines

Gold

Jan

1,00

I"!,.*""""*!:

150

-

Wright-Hargreaves

May

5.10

Standard

...

_

2.20

5.55
28 te

8,450

8'A

—

35c

1.01

29

Mining

Silver-Miller
Silver

Jan V

1.80

50%

78

5.95

*

common—

(Quebec)

Siianco

13% May

147/sc «Apr

1

Voting Trust

Sigma

30

8%

•

50c

Gold

Gordon

2 9'A

20

-

—

Larder

Winchester

Mar

29

5,500

72%

'

29'A

*

75

—.

27,500

16

<

5

Wiltsey-Coghlan

16

50

.

6c

Jan

1.00 Mar

1.64

—

Petroleums

Apr

16c

50

pfd

4'tec

Apr

1.60 May

1.05 Jan
14

Apr

Feb

9c

•

preferred

5c

2.04

11

58'A

7,411

Mines

49%

1.95

•

556

1.10

*

Willroy

11c

•

com

1.35

15%

1.00

Jan

75c

Feb

22%

Preferred

Apr

78c

1,520

4c

__50c

1.25

15'A

1.06

100

5,500

3.90

7,100

28c

*

47,666

30

•

71,930

1.30

common

53

|0c

50c

1.58

Petroleums-

20C

10c

35c

7.45 May

6.50 Mar

22%

Western Leaseholds

52%

10c

6,050

15'tec

-

-

-

10'tec 11 %c

1

Ltd

Feb

30c

18c

Feb

2.75

Feb

1.25

1.45

16'A

7.20

——

Tungsten

1

—

_

Water & Power

Creek

Apr

93c

1

Gold

Gold

& Co common
Freehold
Petroleums—

8herrltt

30c

A

Feb

2.50 Mar

1,000

«

Sheep

pfd

Grocers

Class

Jan

1

Scurry Rainbow Oils Ltd

Shawkey

Western

63c

X

Sapphire Petroleums
Sarnia Bridge

Class B

Feb

2.10I

40c

•

Corp

Antonio

Class A

Jan

14c

9,907

—

6.75

22%

Breweries

29,240

11%

Jan

31

«

Ashley
Canada

Apr

70c

25

_

Gold

8hawinlgan

Western

Western

8

50c

••,

62

Jan

2.38 May

2.75

53

Jan

Apr

29

15%

•

Products

63c

20c

21

60'te

—wl

Oil

Maygill Gas &

Westeel

46C

10 tec

Ryan or Mining

Security

Apr

2.65

'

Industries

Scythes

3.65

_

-

50c

'

Apr

50
125

_1

Cousol

2.75

—10

18 te

62
30

47c

__

_

Pyrites

Malartic

West

25c

...

...

45

62

1

Weedon

Wekusko

21'tec

—wl

_

_

Oils

May

6.55 Jan

4.80 Jan

7.00

*

1

Consolidated

River

Feb
Jan

7%c

4,500

1.99

6%
75c

1

Uranium

Rowan

Lawrence

Jan

23 tec

1

20

Jan

33c

21 tec Mar

30

te'■ v

62

W

&

Equipment

1

Lac

Preferred

24 %c

G

1

-1

Long

San

_

1

11c

1.75

1

Roche

Sand

200

48,347

4c
_

_

Mines

Rix-Athabasco

St

9 'te

19%

46 %

22,799

1

.

Amulet

Walte

Walker

3.00

17,666

11% May

Apr

•

;

Oils

Vulcan

Waterous

—

Rupmoum

Jan

4.40 Mar

9'A

_

_

Apr

93c

West

Rex.psr Uranium
Rio Pi ado Oils

Russell

Apr

" 18

2.30 May

2.35

30c

Apr

10% May
40 te

*

15c
:

3.10 Mar

—

355

•

Feb

1.08 Feb

2.80

1,620

1

Mines

Violamac

52,070

-1

.

....

-

70c

Apr
May

135.530

A
Mines

Regcourt

1

Jan

13'A May

1,000

.

71c

5.10

205

4a

class A

Vicour Mines

1.90

MacDonald

Royal Bank
Royalite Oil

8%c

3,810

12c

Feb

7%
10%

Feb

8%

Mar

6

7%

ioy8

t>

4.10

Petroleum

Rcxana

6,700

89c

Jan

14%

5.80 May

6.00

«

1.73

"

Renabie

1.10

19c

42c

Jan

26c

Ltd

Ventures

Viceroy Mfg

3.75

4c

Grip & Batten
ttayrcck Mines

Reef

279,510

Jan

4.35

5.75

Cons

1.85

1

Rapid

Reeves

115,550

4.25

8 tec

45,102

26c

•

Roi

Van

3.80

•

class

62c

192,480

1

6.00 Mar

4.i5;X 25,450
18c

26c

*

.

46tec Jan

5.80

5.90

1

Upper Canada Mines

5.50 May

Apr

30c

4* V2

Oils

Feb

Jan

Jan

Apr

4.60

21c

7%

Hill

Mines

37

5.35

25

__

Apr

Mar

26c

50

_

Jan

48c

28

*

»

—

Uranium

Radicre

pfd

Jan

Jan

5.80

•

-1

Mining

Ouemrnt

21,100

Apr

2.35

Apr

30c

1

Mor.tauban

Jan

71c

'■

_

37c

May

49 %i
'

1.75

Mar

47

104%

44te Jan

1

United

5.05

10 tec

lie

13%

X

35c

,

10%

Jan

5.25

13%

1
.—1

Labrador

Queoec
Quebec

-

640

•

18% May

12% Feb

50C

3.75

5'te

common

Apr

9c

■

11,915

'

3.25

62c

-1

._

_

Quebec Copper Corp__

5te

•

Keno

#>•

Quebec

5%

*

Resources

United

3.50

18,075

16c

18C

—1

.....

9,035

•

E

Class

59% May

Jan

3'tec

7.40

35%

*

Jan

6,500

17 te

Airways

47%

23,000

7.60

•

31c

Apr

3.05

6c

7.80

_

;v 22c

7'tec

2.90

33%

Corp class B___
Fuel class A pfd

United

1

-

Mica

Purrly

Jan

7c

35%

Asbestos

United

70c

3.85

Mines

Warrants

Prospectors

52% May

Mar

_1

-

Dome

Uranium

Pronto

Mar

49c

_

Metals

Preston

40

*

Border

Pressed

1,395

2,500

2.95

1

Oil

Premier

Jan

51
53c

19,400

47,950

Mining

50

30c

38c

Gas

Union

52c

29c

50 te

.1

__

_

•

Corp

Prairie

Gold

34c

34c-,.

•

Line

Pipe

Acceptance

59 te

•

River

Rouyn

6,116

preferred

United

30c

.

,

Powell

300

1.90

*

20c
35 y8

May

52c

•

Qlls

Pnpl^T

Feb

48%

Oil

Union

Powell

Jan

101

1.80

Jan

60c

Jan

1.25

41

150

47'te

Petroleum

Trend

1.59

1.90 Mar

4.883

265

103

1.85

Oil Pipe Line

Transcontinental

3.40 Mar

Jan

40c

32,100

45%

103

•'

47%

•

Mar

1.66 Mar

"v—A-

48

Jan

41

l

High

3,241

•

Oils

7c

44c

LOW

44%

40

Mountain

1.44

■

_

Oils

Trans

1.30

!
•<■

_

preferred

Apr

1

_

5%

42c

40 %C

Range

High

43%

■

,r.

,

.

sine* Jan.

45'te

44%
:

preferred

Mar

43c

Shares

Low

•

Class

4 'te %

22c

17,100

.

Par

■

A

•;

for Week

Range
of Prices

'

1

-

Oils

2.85 \ 3.00

class

*

May

102

1.35

1

-

Jan

'te tete

6,3 »d

10c

•

Finance

5,500

2/C

9 te c

—

Development

Ponrlfr

25 %c

•

Mines

Uranium

Pitch-Ore

-

Gas—

Gold

Gold

Pioneer

2.99

-

Mineral—

&

dt

10

2 jC

Jan

te

9.50 Mar

113

100

17%

1

Persbcourt

17%

102te 102te

1'.

•f
Traders

lite Mar

10

'

v.

42 %c

May

7.25

2,850

8.10

17%

com
.100

Perron

8.50

114% 114%

Natural Qaa

River

Peace

89C

Jan

32c

1

:■

Salea

Week's

Last

i

■

Sale Price

High

.Low

63c

•

27
STOCKS

High

-50c

Petroleum

MAY

ENDED

for Week

of Prices

8ale Price

-v:':'".';

WEEK

Sales

Range

Last

FOR

Friday

Week's

Friday

52

The Commercial and Financial Chronicle

(2508)

OVER-THE-COUNTER
Quotations for

Investing Companies
1.33
6.07
4:19
8.43

,_25c
—1.25
American Business Shares
—1
American Mutual Fund Inc—1
Aberdeen

Fund

Affiliated

Fund

Inc

1.46

13.94

Trust

Fund

Mutual

Funds—

Investment

Co.

Investment

Par

Trust

Johnston

of

(The)

of

18.73

a20.16

after

decimal

point

represent

Bid

one

1.80s Aug.

1

27.05

28.23

Grade Bonds)~l

25.84

22.12

1.90s

Nov.

99.31

1955

15,

103.1

99.30

1955

15

(Investment

(Medium

B-3

(Low

B-4

(Discount Bonds)

1

11.88

12.96

K-l

(Income Pfd Stocks)

1

19.98

21.80

K-2

11.83

12.91

16.38

17.87

Com Stocks)—1

12.04

100.1

2%s

1

"A" Inc—1
"B" Inc—5
Axe-Houghton Stock Fund Inc_l
Beneficial Corp
1
Blair
Holdings Corp
1
Blue Ridge Mutual Fund Inc—-1

12.08
24.95
3.97
ll'A

S-l

(Speculative Pfd Stksj —1
(High-Grade Com Stk)„1

4%

5%

S-2

(Income

12.54

13.63

8-3

(Speculative

Com

Stk)__i

14.10

22.49

24.18

S-4

(Low

Priced

Com

Stks)_l

10.18

—1

15.56

16.82

Keystone Fund of Canada Ltd..l

9.85

11.35

Knickerbocker

1

6.72

22.60

Lexington Trust Fund———25c

12.75

11.49

12.59

Life Insurance Investors Inc_„1

16%

1,

Oct.

1,

l%s

1956

100.6

17%

1957-55

98.4

2%s May

1,

1958

99.24

Nov.

1,

1958

98.16

2%s

Central Bank for Cooperatives-

7.37

20.96

11.67

May

Ask

May 1,

1959

100.10
98.10

100

98.24

10.66

10.50

point

a

Bonds—

11.11

Bowling Green Fund Inc—_10c
Broad Street Invest Corp
5
Bullock
Fund
Ltd
1

Bank

15.38

*

Land

2%s

13.14

Bonds)
Bonds)

15.21
13.13
27.12
4.34
12'/a

of

Bid

Federal

28.11

20.27

B-l

Priced

32nds

more

or

Ask

Federal Home Loan Banks—

Funds—

Monday, May 30, 1955

Obligations of Government Agencies
Figures

20.47

Fund-l

Mutual

Custodian

Keystone

1

.

27

9.62

Boston

.

SECURITIES
May

Ask

Bid

8.80

America——!

B-2

—

Development
Fund Inc——-——-1

Associated
Atomic

Ask
1.45
6.57
4.47
9.21
1.60

Par

Funds—

Mutual

Friday,

.

Mutual

Axe-Houghton Fund

Axe-Houghton Fund

Tr

Inv

Bond

America

of

Boston Fund Inc_<

——1

Inc

6.97

7.62

1

Fund

California

10.61

Loomis

11.47

Fund

.

Ltd
Canadian Fund

—

Inc

Inc

1

18.89

1

8.93

l%s Aug. 15, 1955.
iy<8 Dec. 15, 1955-

lc

4.05

Composite Bond & Stock

-lc

5.57

6.13

3.06

3.37

1%s Dec.

-lc

t3.14

3.4e

l%s

—1

Concord

19.02

16.38

Bond

17.07

13.57

14.83

Fund

Investment,

De

Vegh Income Fund Inc.—1
De Vegh Mutual Fund Inc__—1

18.03

Fund

Mutual

Trust

beneficial

of

Nation

1129

12.37

National

Investors

9.16

10.04

National

Security

Shares—

Trustee

16.50

2.51

2.76

Preferred
Income

6.80
X13.58

7.05
14.68

Natural

4.12
14.35

Natural Resources

Equity Fund Inc
Fidelity Fund Inc
Fund

Formula

of

Inc_l

3.76
13.09

Fund

Fund

Mutual

Founders

•

7.07

6.50

stock

Common

Inc

Futures

8.60

Inc—2

Investors

Fundamental

7.85

14.43

1

3.36

1
1

24.60
67.33

26.80

7.23

7.86

10.23

6.30

Corp

Capital

Investors Trust

General

1

72.40

'

shares

—lc

7.24

shares—

lc

11.27

Automobile
Aviation

New

Fund

Inc_ _lc

5.75

Series

3.88

4.25

1

21.01

22.71

;

Food

shares——

lc

6.53

administered shares—lc

9.77

10.70

8.86

(T

Fund

1

Fund

Scudder,

of

Canada

11.81

Southwestern

9.13

10.00

Sovereign

lc

9.53

10.44

State

Street

lc

3.15

3.47

Stein

Roe

5.98

—lc

stock

5.45

—lc

Equipment shares

Railroad

n.50

12.59

shares

'

Common

■

Selected

Fund———1

Stock

Templeton

Growth

Funds
Funds

1

&23.86

1

15.94

Income Foundation Fund Inc 10c

2.49

2.72

Inc—1

9.27

10.13

Value

8.66
17.07

9.46
18.45

Value

Fund

1

11.44

12.47

1
1

Fund___lc

10.96

11.98

lc

10.56

10.68

11.68

Institutional

Income

Fund_lc

Institutional

Insur

Fund—>

Fund—lc

6.82

7.46

15.95

17.45

bl.90

1.75%

1.95%

4-

1-55

1- 3-56

b2.10

1.95%

10-3-55

bl.95

1.80%

2.15%

5-

2-55

2-

1-56

b2.15

2.00 %

10-

bl.95

1.80%

2.15%

6-

1-55

3-

1-56

b2.20

2.10%

1.45%

1-3-55

1.35%

4-

1-55

United States
Bid

June

Aetna

Casualty

Aetna

Insurance

Surety

8c
Co

8.07

7.38

Canada

Ltd*

1

13.44

Agricultural

72%

75 %

Accumulated

Fund

1

10.83

9.96

Continental

l

7.07

7.73

Income

Fund

Shares_l

18.72

20.35

United

Science

Fund

1

9.49

10.37

Inc

1

7.62

Fund

Line

Income

Fund

Fund

Inc__1

12.45

13.57

1

19.92

21.77

1

14.99

16.08

Street

Investing Corp
Washington Mutual
Fund

Inc

:

Wellington Fund

l

25.85

28.17

Whitehall Fund Inc

l

24.50

26.49

Wisconsin

1

5.47

99.978

July 28,

1955
1955

99.951

99.960

August

4,

June

16,
23,

99.930

99.943

August

11,

30,

1955

99.908

99.525

7,

99.873

99.883

14,

99.847

Inc.

Companies

1955

200%
38%

Insurance Co of

277/a

297/e

Jefferson

2

American

Equitable

5

42

Casualty—5
preferred
5

38

$1.25

Bank

of

Bankers
Chase

York

New

Trust

10

Manhattan

Chem

100

Corn

Bank

Commercial

State

1131%
400

Maryland
Casualty
Massachusetts Bonding—!

1

38%

40

5

40%

42%

Merchants Fire Assurance

5

62%

65 %

5

25

Automobile

10

Bankers & Shippers

Insurance
Fire

Life

Ins

of

(N

Amer

Connecticut

General

Continental

Assurance

Life
Co

Continental Casualty Co
Inc

Forster

Employees Group

Assoc

Employers Reinsurance
Federal

29 %

Merchants & Manufacturers

84

87

National

139

147

Fire

National Union Fire
New

Amsterdam

42%

44%

New

J)__5

29%

30%

New

York

487/8
49 %

Bk & Tr„_25

lo

108

113

North

10

479

489

Northeastern

143

148

Northern

111%

115%

Pacific

Fire

72%

75%

Pacific

Indemnity

77

%

80 %

Peerless

—

Phoenix

39

41

Providence-Washington

86%

90%

Reinsurance

•

lo
4

Fire

1,0

67

River

Suffolk

of

8c

57%

59%

75%

77%

St

/__5

40%

41 %

j__4

107%

110%

General Reinsurance
Corp—10

47%

(S

F)

Life

Glens Falls
Globe

&

Gulf

Life

Hanover

Seaboard Surety




99.661

S9.G70

25,

1955

Companies
Par

Bid

Bank

of

Albany

—10

34

Nat l Bank

and Trust

25

74

77

&

Trust—33%

100

103

First National Bank

100

318

325

515

535

<$95

510

Continental

40

152

42%
158

Harris

30'%

32%

47

51

59%

61%

Illinois
Bank

Trust 8c

Savings Bk—100

10

76

100

National

Bank

20

34

36

Co

50

260

270

Bank

16

66

68

10

46

48

Connecticut Bank 8c Trust Co_25

National

Trust

City

Bank

of

81

Bank

Commerce

20

x40

44

Bank—

Hartford

45%

49%

20

78%

81%

10

48 %

42

29 %

31

&

Trust

75

80

10

National

33

35

10

68%

70%

55

59

49%

52%

Bank

50

39%

10

40

10

Manufacturers

Trust

Meadow

National

Brook

Co.—20

180

York

New

Co

51

56

82%

84%

United

51

55

100

309

71

Co

Pittsburgh

74

Y._n

5
_2

1

25

Co

Trust

10
100

.25

'/ rM

Nat'l

Bank

8c

Trust

25

Peoples 1st Nat'l Bank & Tr__20
St.

96%

99%

54

56

Louis

National

Boatmen's
21

23

11%

12%

205

20 %

355

Recent
Bonds—

Bid

Pwr

Central

Maine

Potomac

&

Lt

&

Ches

3%s__1985

Power

National

Mercantile
St

Louis

Bank

20

Bank

17

Co

25

Trust

Union

Trust

55

61%

65%

62

66

66%

71%

—20

6.25

38%

40

215
San

21%
365

Bank

Franciscco
of Amer N T 8c S A

33/8s__1985

99%

Consumers

102 %

3y8s_2004

Edison

Power

Power

Ask

100

96'%

90%

96%

Power

101

102

Rochester

101

101%

Tennessee

1975

Trailer

Power

&

3%s

3%s

Co

1975

112 */2

100%

107%

30%

83

88

10

25%

26"%

2

13%

15

97%

98'%

3y8s__1984

98%

99%

70%

29

3%s__1980

&

102'%

101%

101 %

1985

100%

101%

West Texas Utilities 3%s__. 1985

100%

100%

116%

118

&

Gas

4s

Service

Elec

3%s

Stocks—
El

Paso

Nat Gas 4.40%

pfd__100

General Telephone Corp—
4.25%

50

preferred

53%

Power & Light—

3%s
Kansas

—_1985

City

Pow

102%

102%

102

103

104%

104%

Lgt—

&

3%s

3%s____1980

100

preferred
Minn-Honeywell Reg—
3.30%

1985
Aircraft

4.16%

Tenn

56%

10
100

70 %

2.340

73%
2,390

FOOTNOTES
•No

par

100%

42%

43%

U S Fidelity 8c Guaranty Co—10

77

25%

26%

U

3

57%

60

a

51%

Westchester Fire

2

31%

33%

b Bid

Fire

80

value.

106 %

107

.-100

105%

107

Transmission—

preferred

flEx-50%
Net

stock

stock

OVER-THE-COUNTER

split.

stock dividend.

asset

FOR

k Admitted

tEx-two-i'or-one

tEx

49%

S

54%

dividend,

value,

yield price.

Stock
t New
x

to

ISSUES

listing

Exchange,

stock.

Ex-dividend,

wi When issued,
y

101

—100

preferred

Gas

5.85%

99

49%

Accident

99%

101%

.1975

Gas

60%

65%

100

Louisiana Power & Light—

Jersey Central

Lockheed

74

99%

100%
102

Elec 3%s. .1985

101V2

107

100 V2

Ohio

Mobile

1985

3%s

99%
98%
101

113

1985

3%s

99%

1975

3s_

1984

Lt 3%s

&

Philadelphia Elec

3'As—1990

Indiana & Mich Elec

67

1984
Pow

England Power 3V4S—. 1985

New

Ask

Lighting—

99%
103

Texas

Gulf

J62

Island

Light 3%s_1980

&

Bid

Bonds—(Cont.)

Long

Louisiana

1995

Commonwealth

Dallas

99%

Security Issues

Telep—

3%s

Grace

58%

Bank

321

Bank

States

Georgia

10

City

Angeles
Security-First Nat'l Bank—12.50

Mellon

_2o

National-

12

10

<

Bank of Detroit

National

190

-r~25

Trust

National

40

5

(N Y)_,

Jersey
First

First

10%
85%

National

%

Bank

of Freeport
;
Morgan (J P) & Co Inc—

.

Co-nnecticut

Long Island Trust

38

10

Co
Co

Haven)

Travelers

:«

Los

Fruehauf

53 %

Standard

j

Cleveland
Central

of Commerce_10

Industrial Bank

32%

.

62%

81

37

Chicago

City

Union

Trust Co
(The)
Bank

Hanover

30%

46%

(New

Ask

Albany, N. Y.

Cleveland

Irving Trust—
E3ngs County Trust Co

Duke

10

25

5

51%

56i%

10

Security

78

iq

August

50%

5

■481%

Springfield Fire & Marine—10

23

(Jacksonville Fla)_2%
Fire*

99.704

—

Bank

Natl

National

53%

Marine—6.25

&

99.734

99.695

62%

Bang

Rochelie

New

Franklin

50%

50

5

i

14%

102%

10

(Texas)
Fire

5

Republic

American

Paul

13%

46%

12.50

Corp

99.762

August 18, 1955

State

10

(L I)

Westchester

54%

3.33%

1

Republic

2.50

Fireman's Fund

Firemen's of Newark

55

258

20

City

National

Huntington

of

Trust

York

New

2

___2.50

Casualty

1955

Ask

lo

National

of

5

_5

10

99.810

99.751

Northern Trust Co

10

Fire

10

lo

Philadelphia

Casualty-

412

98

_5

Hampshire Fire__

—10

4
10

56%

Fidelity & Deposit of Md
of

10

27'/a

5

Assn

Ins

Life

10

Co

99.799

1955

National

Bank

Arkansas

5'/a

Surety

Great

103

33%

Re-insurance

Franklin

99

47 %

American

Assn

10

4%

American

60%

12.50

50%

44%

C)___l

99.834

1955

92%

32'/a

Assurance

(Wash D

252

Bank__10

Exchange

120

Co_5

Mercury

&

86%
48%
116

Jersey Insurance Co of N Y__10
National

99.823

99.724

•

Ins—

C)__

N

Ask

(Newark N J)-_2%

Ins Co

Crum

Standard Life

(Greensboro

1955

181

Lincoln

Amer

Colonial

5

North Amer__5

Bid

176

38

American, Home

Camden

10

36

conv

Amer

Boston

:10

Home

45

36

Assur

American Fidelity &

Bid

York

Trade Bank & Trust

Steamboiler

36%

July 21,

Bank & Trust

Sterling
Par

Hartford

Ask

99.853

1955

5.92

Fund

194%

Automobile

Bid

99.973

6.80

6.22

Van Strum & Towne Fund Inc_l

Investors

Dollar Value

1955-

8.33

Line

Co—_10

American

Treasury Bills

Ask

Detroit

United

10

Insurance

wi

99.995

Guaranty

Hartford Fire Insurance Co

225

wi

Due

14.61

Inc—

Ask

10

Life

Aetna

10

Bid

"

99.994

Rye

Par

Dated

1955

2,
June 9,

Royal State Bank of N

Insurance

3-55

Franklin Square N Y

11.55

Fund_lc

Bank

22

21

Wall

Growth

1-55

First

United

Institutional

Institutional

Inst Foundation

9-

First

a30.14

of

Inc

Fund

United

1
1

1.90%

12-1-54

1.25%

Empire Trust

a21.70

1

Fund

Canada

Texas

17.23

Ltd—

1.95 %

b2.05

First

United

Fund
Investors

b2.05

12-1-55

13.04

United

Income

12-1-55

1-55

76.00

Farnham

16.74

Shares

1-55

3-

11.90

1
Investment Corp._»

41.55

Institutional

6-

1.60%

72.00

Inc—I

Investors
&

16.24

Incorporated
Incorporated

2.05%

1.60%

Fiduciary Trust

40.34

Boston

1.60%

bl.85

12-75

Guardian Mutual Fund Inc__—1

of

bl.85

1-55

Rate

—

9.62

Fund

1-55

8-

11.79

Shares

Investors

4.47

Income

8-

2-55

Federation

14.05

Inc

1-54

5-

9.69

8.78

Fund

11-

1.95%

12.78

4.07

Haydock Fund Inc———

1.85%

1.25%

8.96

12.83

Hudson

1.85 %

b2.05

11.82

lc
Industry Shares Inc—1

Growth

b2.05

1-55

new__1.25

—-lc

shares

Utility

1-55

11-

Trust of Boston__l

Amor

Shareholders

shares——__lc

shares

Steel

Tobacco

11-

5-2-55

(White Plains N Y)——16

Television-Electronics Fund

rr,

shares.

1-55

2.05%

County Trust Co

a35.84

Inc

10.78

shares*

39%

38 %

Scudder, Stevens & Clark—

9.60

Bond

7 24

13.51

Inc__1

10.34

shares

6.70

112.50

& Clark

Stevens

Fund

28.35

28.07

1

14.08

Railroad

2-

1.45%

New

1

9.44

Mining

1.60%

bl.70

13.95

Fund

(Geo)

9.22

Petroleum

Ask

1.15%

1-55

18.91

Inc

Fund

12.86

Merchandising

Bid

bl.50

7-

21.89

12.83

Inc

Putnam

*lc

Bond

Ask

6-1-55

38

17.37
21.45

Growth Stock

Rowe)

shares—lc
shares
lc
lc

shares

bond

33

•
1

Industrial Machinery shares.lc

Institutional

Bid

1-54

1-54

Par

7.16

Fully

.

Due

9-

37%

5

Inc

Inc

Fund

Pioneer

Scudder

8.08

Dated

10%

36%

2.50

Fund

96.4

10-

July

3.60
10

5

preferred
Petroleum & Trading
Philadelphia Fund Inc
Street

96.20

95.30

I960-.

97.4

96.14

1959

1,

98.9

96.30

1.20%

July

8.71

:

$1.50

Puritan

lc

1,

April

97.20

98.7

1, 1959

Oct.

June

28.38

26.38

Shares—

1956

13.54
13.24

Equipment shares—

General

l%s

97.14

1.25%

June

1

Trust

1955

Series

12.37

—

99.30

99.24

Federal Intermediate Credit Bank Debentures

of Canada
lc

American

12.09

—

& Electrical

Electronics

99.31

6.30

of Canada Ltd

North

lc

.
—

98.9

1957

99.24

18.31

Fund.
York Capital Fund

Stock Fund-lc

Fund-

98.22

98.2

100 5

1,

99.22

101.11

5.25

16.75

England

Price

shares
(The)

99.8

98.16

Oct.

1956

8.46

—1

Inc

8.54
10.63

Capital Growth
Common

10.12
12.34

4.80

Series.:

Resources

Fund

7.79
9.70

lc
lc

Building shares
Chemical

99.2

15,

Dollar Value

Pine

'

Securities— "•

Group

98.28
99.6

March

6.89

1

_

Pacific Amer Investors com__10c

Gas Industries Fund Inc—
General

April 1, 1957—
15, 1957—
2s Aug. 15, 1957—.

1,

1

15.81
3.65

.

———

8.12

9.36

11.92

7.74

Stock

Growth

10.79

lc

series.

stock

Preferred

9.85

7.43

Stock Series—

New

Funds Inc—
series—.——lc

Franklin Custddian

10.91

1

Series

Speculative

Boston——1

Industrial

Financial

—1

1

20c
5

______

19.56

Series.

8.76
21.94
19.88

Fund

20.63

18.09

1

8.06

Stock

14.34

19.07

Series

20.53
18.60

___

13.19

1

__*

Stock

—1
1

Fund

10.58

—1

_

Series

Bond

14.58

39.28

9.64

—1

Corp
Series—

Series

Dreyfus Fund Inc————1
Eaton & Howard—
Balanced

101.9

l%s May

1 %s April

Rate

Fund—

25c

36.33

al4.55

■

Securities—

Wide

2.50

Shares

*

1

interest

54.62

1

E

Series
Dividend

1957.

1%s

99.29

30.06

Shares—

24.00

Balanced

27.81

1

_
"

Inc

Corp

1

*

Investment Fund

Diversified

27/8s

100.1

10J

Oct.

Ask

Stock

Life Fund

Balanced

Fund—

Stock

•

100 1

32.27

Shares

54.07

point

a

Bid

99.24

29.85

Aug,

1%s

of

,

99.31

2s

99.29

l%s April 1, 1956

Invest

Diversified Growth

Diversified

100.3

1956

3.75

—1

21.83

99.14

100.1

'

.

.

1956

15,

9.34

Inc.

.1

Fund

Delaware

14.83

32nds

more

or

15,

March

8.52

Massachusetts

—1

one

l%s April 1, 1958—
l%s Oct. 1, 1958
17/8s Feb. 15, 1959—

3.40

Mutual

Inc

Fund

Income

1958

1%S

99.31

99.27

1955

15,

Trust-l

Growth

Investors

Mass

43'/a

99.8

Mortgage Assn—

20,

Maturity—

l%s

18.45

40 %

Investment Trust-1

Western

Dividend

Ask

100

—

7

Treasury Notes—

-lc

Investors

Massachsetts

98.18

Treasury Notes—(Cont.

1955-———

Inc_. 10c

Fund

Mutual

Crown

represent

17.80

Inc——_—_—1

Fund

Consolidated

-

Transportation shares—

20.67

_1

—

shares—

Steel

*

Inc

Fund

shares

Manhattan

Fund Inc

Composite

point

4.4(1

shares

Special Investment

9.71

decimal

Bid

4.45

Petroleum

20.50

Investment

after

6.67

Paper

Fund

Figures

5.12

shares—

Natl
Jan.

97.24

98.10

U. S. Certificates of Indebtedness & Notes

4.04

32.51

Colonial

Federal

2%s

6.06

30.07

Commonwealth

99.4

S8.4

97.16'

Feb. 1. 1960
2%s June 1, 1960

Certificates of Indebtedness—•

Industries

97.28

2%s

100.1

98.28

4.65

General

com—100 12,900 13,500
100
141
146

99 28

93.31

1, 1957

-lc

5.98

28.26

18.19

100.1

99.24

shares.—lc

5.46

_,

2s June

99.31

wi

Electrical Equipment shares.lc

Automobile

16.81

26.14

Preferred

1956

1,- 1956

l%s June 22,

—1

Securities

1955

June

Maturity—

Managed Funds-

Capital Venture Fund Inc—— 1
Century Shares Trust
1
Chemical Fund
—1
Christiana

1,
1,

2.35s

a43.<*4

Saylcs Mutual Fund-—*

Canada General Fund

(1954)

l%s June
1.90s Feb.

Ex-rights.

.

on

the New York

1

*

Volume

Number 5433

181

.

The Commercial and Financial Chronicle

.

.

(2509)

Third Federal Reserve

District—PhiladelphiaWeek Ended

Bank

Clearings this week will show-an increase -compared with'a-year^ago. Pre¬

of the country,

based

us

upon

Pennsylvania—Altoona

telegraphic advices from-the-chief, cities

indicate that for the week ended Saturday, May 28, clearings foxtail

4.0% above those of the corresponding week last year.
at

$19,333,758,584 against $18,587,658,958'for the

same

loss for the week ending Friday of 3.5%.

a

Our comparative summary for

9.4

5,851,756
1,179,000,000

3,568,585

+ 18.5

3,727,144

+ 10.1

6,976,905

+ 34.7

2,975,367

5.3

+ 39.5

8,184,563
13,087,547

11,905,887

6,799,537
2,767,285
8,876,173
12,870,334
10,306,016

+ 15.5

9,091,653

5,704,741
11,499,274
6,810,336

1,302,450,632

1,188,954,300

9.5

1,233,842,701

1,174,861,857

9,501,836
256,074,727

+ 20.0

+ 17.7

8,877,792
264,017,488
506,414,247

+ 13.5

42,645,500

6,902,158
227,182,124
460,085,859
40,955,000

12,935,086

481,096,362
48,362,200
10,467,877
10,901,424

+ 10.0

12,471,139
11,646,038

6,625,011

11,989,844

443,832,948

391,623,929

+ 13.3

399,114,843

377,740,744

1,399,605,095

1,208,028,355

+15.9

1,245,187,047

1,127,919,618

3,370,646
18,985,000

3,245,756

3,114,759

21,405,000

+ 12.7

18,114.000

190,511,507

175,581,175

8.5

172,418,282

17,913,000
169,072,621

3,727,407

__

New

a

1955

York

$9,653,933,785

973,337,797

Philadelphia

889,956,744

1,150,000,000

Boston

9.4

Ohio—Canton

5.5

+

3.5

Mansfield

0.8

Youngstown

340,150,168

316,500,000

319,100,000

581,711,000

494,339,632

+ 17.7

Francisco

Pittsburgh

566,238,966

+

352,108,037

City

293,309,567

_

Cleveland

579,933,141

Louis

11,400,584

Cincinnati

9.4

+

1,051,000,000

cities)

—

+

,

■

1,130,000,000
w

2,989,233
6,364,993
2,851,418

Fourth Federal Reserve District—Cleveland—

3.5

—

+

(11

,

+

*

i-X 612,008,790

Kansas

San

t

1954

$9,316,872,916

Chicago

St.

.!■

15,385,382

Jersey—Trenton
Total

CLEARINGS—RETURNS BY TELEGRAPH
Week Ended May 28—

8,409,681

Delaware—Wilmington
New

$

1,638,397
1,961,825

1,208,414
1,627,275
1,373,860
4,432,313

4,228,534
7,488,717

Wilkes-Barre

the week follows:

1952

$

1,134,000,000

York

there is

—

1953

1,347,544

1,241,000,000

Scranton

At this center

week in 1954.

—

1,769,840
5,572,120

Lancaster

Philadelphia
Reading

Our preliminary total stands

—

1,372,762

Chester

May 21—

Inc. or

Dec. %
$
3.1
1,640,560
0.2
1,369,424
2.8
1,820,956
+ 12.9
4,935,430

V

■

1,590,302

Bethlehem

cities of the United States for which it is possible to obtain weekly clearings will be

1954

1955

>

$

liminary figures compiled by

53

—

406,119,022

364,706,803

*430,000,000

441,116,436

+

316,854,804

296,633,222

+

6.8

$14,505,512,366 $14,430,869,931

+

Total

0.5

+ 16.5

+ 23.6

8,428,722

8.8

Baltimore

54,898,100

Pennsylvania—Pittsburgh

+ 11.4

Cleveland

Columbus

Ten cities, five days

Other cities, five days

3,998,538,515

Fifth Federal Reserve District—Richmond—
West

Virginia—Huntington

4,125,304

Virginia—Norfolk

+ 17.5

3,402,017,175

(7 Cities)

Richmond
South

Total

$18,504,050,881

3.8

Carolina—Charleston
Maryland—Baltimore

754,771,852

+

9.9

District of

$19,333,758,584 $18,587,658,958

five days

$17,832,887,106

829,707,703

all cities,

All cities, one

+

4.0

day

Total all cities lor week.

+

+ 22.4

+

5,672,332

135,515i630

309,263,654
129,243,709

+

(6

Total

6,588,038
347,596,296

Columbia—Washington..

705,741,775

642,116,516

+

cities)

+ 16.1

5,344,257

+ 12.4

303,589,999

4.9

110,824,423

5,079,715
274,042,068
98,450,620

9.9

613,536,717

-567,672,783

26,113,717

21,210,482
98,406,851
332,200,000

•Estimated.

Sixth Federal Reserve District—Atlanta-

Complete and exact details for the week covered by the foregoing will
in

our

issue of next week.

We cannot furnish them today,

inasmuch

as

appear

Tennessee—Knoxvllle

30,657,070

Georgia—Atlanta

ends

Saturday, and the Saturday figures

are

not available at time of going to

press.

Augusta

24,149,028

+ 26.9

123,660,182

100,021,320

+ 23.6

98,733,279

401,100,000

Nashville

the week

329,000,000

+ 21.9

326,100,000

6,824,496

•

i

In the elaborate detailed

we

able to give final

are

May 21.

an

at

Outside of this

week in 1954.

this

center

showing

159,466,714

195,005,456

136,983,863

+ 42.4

164,804,524

14,080,854

9,746,917

+ 44.5

506,288

453,976

+ 11.5

—

425,492

8,727,546
436,719

198,660,757

175,954,965

+ 12.9

165,557,374

169,771,395

1,189,806,166

968,612,912

+22.8

960,515,749

913,249,442

Mobile

Mississippi—Vicksburg

week ended

Louisiana—New Orleans
Total

(10 cities)

6,403,949

6,534,315

4,497,303'

4,658,683

141,126,317
130,177,134

8,413,397

$21,620,058,782 against $21,221,667,605 in the

city there

was a

decrease of 8.9%.

a

+ 17.7

increase of 1.9%, the aggregate clearings for

the whole country having amounted to
same

+ 15.1

181,199,916

present further below,

we

and complete results of the previous week
was

+ 15.4

5,191,556

213,335,863

Macon

has to be estimated.

cases

statement, however, which

For that week there

5,911,371

5,975,200

Florida—Jacksonville

Alabama—Birmingham

Accordingly, in the above the last day of the week in all

Seventh Federal Reserve

gain of 6.5%, the bank clearings

We group

the cities according to the

District—Chicago-

Michigan—Ann Arbor

3,012,150

2,443,693

+23.3

1,713,980

15,453,546

+21.8

14,550,789

10,310,229

+13.5

9,985,709

and in the Philadelphia Reserve
the totals show

an

11,203,556

10,964,691

+

2.2

10,168,502
68,210,000

60,703,000

11,148,032

72,773,000
8,599,291

+11.9

Bend

+29.6

10,877,857

Haute

2,950,740
146,131,226

+25.8

2,884,710

+26.7

128,208,498

8,776,224
2,988,523
112,146,376

18.829,122
'

11,698,114

Indiana—Fort

decline of

a

Rapids

Lansing

improvement of 11.7%

an

81,458,000

South

note that in

we

In the Cleveland Reserve District

District of 9.5%.

Wayne

3,713,240

Wisconsin—Milwaukee

185,177,602

Iowa—Cedar Rapids

expansion of 15.9%, in the Richmond Reserve District of 9.9%

and in the Atlanta Reserve District of 22.8%.

its credit

this

(including this city) the totals record

8.1%, but in the Boston Reserve District the totals register

Indianapolis
Terre

Federal Reserve Districts in which they are located and from

the New York Reserve District

1,356,865
11,541,801
6,747,144
7,578,284

Grand

Des

6,164,999

Illinois—Bloomington

4,634,447

4,050,702

+19.1

31,157,441

30,622,901

14,853,537

+

4.0

14,790,289

15,442,786

1,542,502

1,127,074,190

1,001,097,248

Decatur

In the Kansas City Reserve District the totals are

1,741,447

Chicago

gain of 14.2%, the St. Louis Reserve District of 11.1% and the Minne¬

a

apolis Reserve District of 9.9%.

+19.4

34,399,482

15,440,053

City

5,161,376

40,965,610

Moines

Sioux

The Chicago Reserve District has to

5,966,725

■

Peoria

•

•

15,319,830

4,698,067

13,956,804

Rockford

In the

following

we

furnish

a summary

by Federal Reserve Districts:

9,047,150

Springfield

larger by 8.4%, in the Dallas and San Francisco Reserve Districts by 20.5%.

5,422,665

5,042,580

1,553,382,485

1,360,592,870

Total

(17 Cities)

I

10,308,858

+12.9

1,050,372

1,426,804

+12.6

965,518,943

892,215,487

+ 27.0

4,040,628

3,868,543

9.8

13,978,967
10,136,273

13,981,188

—12.2
7.5

4,125,560

3,975,529

+14.2

1,296,032,965

1,184,409,066

+•

+

6,986,909

SUMMARY OF BANK CLEARINGS
Week Ended

May 21—

1954

$

2nd New York

11

44

11

44

1,302,450,632

7

44

11,801,149^51

10,842,677,615

3rd

Philadelphia

4th Cleveland

Dec. %

Eighth Federal Reserve District—St. Louis—

$

$

Missouri—St.

1,188,954.300

+

9.5

1,233,842,701

1,174,861,857

1,399,605,095

1,208,028,355

+15.9

1,245,18T;047

1;I27J919,618

.

6

44

705,741,775

642,116j§6

+ 9.9

6th Atlanta

10

44

1,189,806,166

968,612'912

+22.8

960,515,749

913,249,442

7th

Chicago

17

44

1,553,382,485

l,360,69a#70

+14.2

1,296,032,965

1,184,409,066

6th

St

Louis

4

44

721,531,128

649,5i8V918

+11.1

620,713,297

579,839,967

9th

Minneapolis

7

44

572,306,310

520,607*660

+

9.9

482,722,223

445,937,457

9

44

659,098,919

608,-169,445

+

8.4

580,092,825

565,319,943

6

"

570,932,083

473,704,974

+20.5

449,096,874

408,818,544

10

44

1,264,743,975

1,049,836,588

+20.5

1,008,590,050

Total

10th Kansas

City

11th Dallas
12th

San

Francisco
*.y.

_

Tntai

New

(4 Cities)

now

:.

add

our

'

—-

rrr>

————

Ninth Federal Reserve

!

1.9

18,823,584,762

North

6.5

9,569,045,261

1954 ''
$

Ended

May

21—

$

c

1952

(7 Cities)

+

16.2

6,820,049

+ 13.5

3,445,493

5,211,876

+ 22.6

4,632,082

4,093,367

11,138,532

+ 55.4

12,297,986

11,358,748

572,306,310

-

520,607,660

+

9.9

482,722,223

445,937,43t

942,333

+

7.5

732,463

852,94*

736,103

+ 19.2

767,516

4.3

8,791,923

1.9

147,246,307

524,820
7,292,093
153,429,206

3,868,038

2,307,941

+

2.1

2,463,898

2,039,322

5,809^64

+

2.0

5,641,527

4,411,300

630,502f768

+10.3

608,372,411

571,095,000

3,319,'781

+11.6

3,105,573

+

7.4

1,252,124

4,037,192

Rhode Island—Providence

3,610,028

10,904,743

10,775,857

8,681,$72

+17.8

8,996,905

39,259,116

0.4

32,202,695

"

+

6.0

22,291,294

18,651,585

431,621,027

378,678,013

+ 14.0

373,879,345

11,620,621

City

11,635,647

0.1

11,355,212

359,868,982
11,480,206

5,421,260

.

4,339,656

+ 24.9

3,658,250

—

7,452,337

7,541,953

+34.0

14,104,541

13,900,114

,

25.7OL20O

2,359^1

837,782,599

750,275,716

—

+47.3

32,916,400

30,392,700

6.8

1,970,111

1,800,252

+11.7

725,540,956

cities)

(9

(a)

3,164,394

608,169,445

659,098,919

_>

2,699,112
2,979,042

3,918,178
+

8.4

580,092,825

.

565,319,943

Eleventh Federal Reserve District—Dallas-

29,200,086

15,842,379

2,520,412

'

+ 15.0

8,290,096

"23,356,342

k

Joseph

Total

8,381,471

37,847,800

Hampshire—Manchester

—

9,534,975
24,763,913

-

Colorado—Colorado Springs
Pueblo

2,372,203

+22.0

39,119,494

NdW Haven

+10.3

21,228,177

Connecticut—Hartford

3,659.081

11,604,'477

10,230,263

;

167,654,834

+

1,316.676

14,153,061

Bedford

Springfield

9,372,027

2,130,640

1,226,456

City-

1,013,460
877,146
9,772,903
164,468,614

-

—

Missouri—-Kansas

1,319,846

cities)

7,206,655
3,802,975

6,389,108

Wichita

,

3,704,724
-

(12

7,292,4551
110,850,139
7,201,"914

8.376,589

Kansas—Topeka

$

695,338,562

River

Total

117,532,588

4,315,392

Omaha

1953

Inc. or
Dec. %

2,357,326

Massachusetts—Boston

New

7,111,417
330,882,608

.

Lincoln

5,925,742

-

-

6.3

Dakota—Aberdeen

Hastings
Week

$

;

Worcester

301,272,799

+

+ 14.5

Tenth Federal Reserve District—Kansas

St.

New

+ 19.3

356,628,941
129,430.848

Dakota—Fargo

Total

for four years:

Portland

Fall

579,839,967

8,933,281,891

First Federal Reserve District—Bost##—

Lowell

620,713,297

17,310,950

detailed statement showing the figures for each city and for the

Maine—Bangor

+11.1

7,187,833

8,575,622

Montana—Billings

17,873,883,214

+

1955
"

2,495,485

649,518,918

Helena

+

9,784,662,291

Clearings at—
.

2,482,678

379,164,691

St. Paul

"

21,221,667,005

"

•

+ 23.9

148,173,958

Minneapolis

Nebraska—Fremont

week ended May 21

157,297,502
110,246,980

2,319,653

District—Minneapolis-

Minnesota— Duluth

South

21,620,058,782

Xark city..

309,800,000

166,422,026
115,908,593

+

567,672.783

-10,423,917,440

.110 Cities

-

Outside

;

613,536,717

335,900,000

+

172,673,415

2,874,958

_

973,072,600

Richmond

5th

8.3

8.6

354,600,000
119,925,850

721,531,128

Tennessee—Memphis
Illinois—Qulncy

>'

+ 18.3

384,200,000

9,254,966,316

725,540,856-

8.1

-

204,192,878
130,263,292

Kentucky—Louisville

-

.

—

;

Louis

677,815,621

9;607,713,358

750,275,716 ■/+11.7

837,782,599

1952

1953

Inc. or

$

1955

12 cities

Boston

1st

Texas—Austin

11,288,007

8,187.432

+ 37.9

7,563,815

492,158,698
38,086,737

405,849,488

+ 21.3

386,814,699

32,144,454

+ 18.5

30,671,433

Galveston

7,080,000

Wichita

,

6,221,051

6,842,705

9.1

6,100,840

16,097,590

14,013,295

+ 14.9

11,655,087

7,602,107
344,865,234
29,989,933
6,778;000
6,583,324
12,999,946

570,932,083

473,704,974

+20.5

449,096,874

408,818,544

132,211,391

+16.6

Dallas

-

;

Fort Worth

Falls

Louisiana—Shreveport

6,667,600

+
—

6.2

6,291,000

677,815,621

+

,

Total

(6 cities)

Twelfth Federal Reserve District—San Francisco—

Federal Reserve District—Rew York—
New York—Albany

23,871,546

18,6l5,0$4

3,621,025

3,315,lfs

141,905,568

117,018,261

Klmlra

2,777,246

2,871,762

Jamestown

2,857,132

2,403,2f4

10,423,917,440

11,437,005,314

36,663,424

33,822,987

Binghamton
Buffalo

"New York

Washington—Seattle

^

Yakima

+28.2
+

18,969,555
3,244,815

9.2

+21.3

'

106,300;807

3.3

2,960,575

2,126,475

+18.9

2,508,285

2,622,290

—

8.9

9,254,539,501

8,940,601,323

+

8.4

29,964,362

5,743,886

Utah—Salt

City
Beach

Pasadena

;

■—

Syracuse

-

*21,000,000

19,444,474

+

24,012,012

+

9.7

New

17,773,511

8.0

26,340,622

Jersey—^Newark

Northern New Jersey.

-

15,694,833

21,408,064

18,935,577

(11 cities)




.

14,599,395
538,432,366

169,962,902

168,460,0(18

2.7

4,266,532

+ 14.7

162,760,253
76,613,354

4,427,911
163,024,059

+

+ 25.3

13.0

20,220,645
13,284,602

+ 31.7
+

76,012,538
18,851,092

13,209,402

+ 22.6

530,555,558

498,639,957

+ 37.4

15,292,909

14,713,447

6,631,021

16,287,525
5,935,313

+ 11.7

11,887,606

San

10,790,528

+ 10.2

5,283,242
10,350,053

10,995,638

1,264,743,975

1,049,836,588

+ 20.5

1,008,590,050

973,072,600

21,620,058,782

Francisco

San

21,221,667,605

1.9

18,823,584,762

17,873,883, $U

Jose

659.993,135
22,386,994

67,101,043

+12.1

58,575,309

75,540,675

+11.8

74,018,172

66,874,366

10,842,677,615

11,801,149,351

8.1

9,607,713,358

9,254,966,316

—

Stockton
Total

(10 Cities)

49,940,323

75,234,921

84,488,691

.

170,711,207
81,288,214
23,990,356

16,504,234

Lake

California—Long

5,590,293

195,729,242
101,886,134
31,588,016

24,986,602

—

Connecticut—Stamford

Total

3,242,306

123,751,209

212,393,707
-

Oregon—Portland

Santa Barbara
,

>.

rRochester

*

23,641,414

□rand

total

(110 cities)

+

4,738,548

-

Outside New York City

•Estimated,

(a) Clearings

.

10,423,917,440

operations

9,784,662,291

discontinued.

+

6,5

9,569,045,261

8,933,281,891

I

54

The Commercial and Financial Chronicle..

(2510)

Monday, May 30, 1955

.

Company and Issue—

Foreign Exchange Rates

3V4%
Texas

1st

ref.

2246

sinking fund debentures due 1969__Jun

1

2360

ref.

&

RR.—

mortgage bonds,
Ry.—

Pacific

&

mtge.

37/i%

Unit

Monetary

and

Country

Company and
Argus Corp.,

Friday
May 20

Argentina peso—

Free

*

pound

Austria, schilling

Belgium, franc

Malaysia, Malayan aoLar

Canada, dollar

Ceylon,

ruoee-.

Finland,

markka
(Metropolitan),

——

-

franc

Mark

Germany, Det'.tscne

Dominion of,

India,

rupee-.

,

nound

Ireland,
Mexico,

.200000*

.133333°

.133333°

.0716300°

.0716300°

peso

—

2.223356
.0385802°
.0199035
.326366
1.014375
.208800
.00435401*
.00285625
.237400°
.203800
2.790312
.0800560

.0343000

of

Union

United Kingdom,

2.779887

2.790312

2.792500

°

1

2238

Jun

1

2238

July

1

2356

refunding mtge. 4 6, bonds, series B, due 1975__July 2
refunding mtge. 3% % bonds, ser. D, due 1969..July 1
Johnson & Johnson, 4%
cumul. pfd. stock, series C
.Jun
3
Lear, Inc., 5% convertible preferred stock
....Jun 17
Marathon Corp., 5%
preferred stock
...May 31
Merchant's National Properties, Inc., debs, due 1958
Jun
1

2356

debentures

due

Jun

stock..

1956—

debentures

due

1961

.0717453°

Gulf,

Mobile

.0385802*

.0198541

Ohio

&

Collateral

trust

__

RR.—

3%%

bonds

due

19686

1st &

1st &

.209000

.00435401*

.00435401*

.00285625

.00285625

Minute

.237366°

.237400*
.209000

2356
2242
1878

2243
2243

New

.209000

2.792500

Maid Corp., $1.60 prior preference stock
Orleans Great Northern Ry.,—
mortgage 5% bonds, series A, due 1983
Penn-Controls, Inc., class A stock

.0800560

3%%

1st

and

Jun

.0349000

.193330*

1778

1

2017

.233350

...July

1

•

jUn

30

1482

jun

30

1780

.193330°

.233350

Purina Co., 3%%, preferred stock
States & Foreign Securities Corp.—
preferred stock
2nd preferred stock

.496766*

.0349000

15

Jun

refunding mortgage bonds

Ralston

.140080*

.496766* *

2243

2358

Philadelphia Electric Co.—

.263000

2.765366

.140080°

8

July 18

Jun

1st

2.792812

.0800560

2.793616

pound.

pound Sterling

.193330'
.233333

-

franc....
South Africa,

2238

Jun

preferred

Co.—

Income

.326533

.0349000
.193330*
.233350
2.733104

-

—

krona..

Switzerland,

Page

2354

Utilities

Income

1.01C160

.496766°

2289

CALLED

1956

.209000

2.765882
.140080°

.496766*

.'2288

1

1

General

$7

due

2.764748

2.764851
.140080*

15

Jun

preference stock

Co.,

bonds

.326500

.263016

first

Light

gold

.263000

.263028

Jun

Date

4V>%

&

Income

1.016629

.237333°
.209050
2.793750
.0800560

.0349000
.193330*
,233350
2.782067

escucio

Portugal

.208950
.00435401*
.00285625
.237433°
.208950
2.792500
.0800560

2360

Jun

'

.0385802°

.326533
1.015245
.209050
.00435401*
.00285625

1.014637

5

2353

Associated

.0198645

.496766°

krone—.

Philippine Islands, peso.
Sweden

,0198937

2.762685
.140080°

Zealand, pound

New

Norway

.0198958
.326500

1717

July

13

2.225514

2.225016

2.225929
.0385802*

.263050

Netherlands, guilder..

•

2.225099
.0385802*

May 31

Issue—

Ltd.,

Power

.133333*

.200000*

.133333°
.0716180°

.0716180°

ISSUE

.200000*

,200000s

1

due 1985

May 28

Arkansas

May 26
S

S

,200000s

--

Franc

S

$

.133333°

Basic

British

May 23

Thursday

Wednesday
May 25

S

.

Preferential
Australia,

Tuesday
May 24

Monday

series B._

bonds, series E,

ENTIRE

(Value in United States Money)

Buying Rate for Cable Transfers in New York

Noon

1979

Washington Gas Light Co.—
3y4%
refunding mortgage bonds due 1979
Wilson & Co., Inc., 3%
1st mtge. bonds due 1958—:

TARIFF ACT OF 1930

1955, INCLUSIVE

26,

20 TO MAY

MAY

,

New

Pago

:

-

due

1

Orleans

Gen.

CERTIFIED BY FEDERAL RESERVE BANK TO TREASURY UNDER

RATES

EXCHANGE

bonds

Jun

3»/8%

passed.

We give below a record for the week just

mortgage

Sperry Corp.,
<te

Date

Public Service Co.—

1st

Texas

1930, the Federal Reserve Bank
of the Treasury the buying rate for cable transfers on the different

the Secretary

countries of the world.
FOREIGN

3.20%

requirement of Section 522 of the Tariff Act of

Pursuant to the
certifies daily to

Southwestern

2.781963

1st

♦Announcement

in

this

issue.

2.782585

2.792455

United

2.792946

DIVIDENDS

Nominal.

(Continued from page 20)
latter.

Statement of Condition of the Twelve
thousands

dollars)

of

Increase ( f ) or
Decrease (—) Since

May 18,

1

849,758

certificate reserves.

20,987,855

other bunks..——

203.071

F.

gold

notes of

R.

cash

Other

2,092

-

—

10,777

advances——

2,093

299,776

+

45

67,179

+

1,760

1,322

543,246

loans

Industrial

288,999

364,931

_.—

and

Discounts

—

20.138,102

Redemption fund for F. R. notes
Total

1954

1955

certificates

Gold

May 26,

1955

May 25,
Assets—

+219,065

341,446

—

599

.

34

—

742

461

—

13,433

Acceptances—Bought outright
U. S. Government securities.
Bought
outright—

million in New York
Loans to banks increased $161 million.

City.

13,433

and

A summary

of assets and liabilities of reporting mem¬

+

8,273,773

Certificates

1,673,984
May 18,
1955°

1955

bought outright

Total

Held under

—1,223,625

98,700

—

Loans

and

———

23,513,712

——

Loans

adjustedt

repurchase agree't

investments

U.

Govt.

S,

—

23,513,712

securities-

—1,223,625

98,700

Loans

loans

Total
Due

from

and

24,070,990

securities—__

items.

cash

Bunk

premises

Other

119,870

869,488

—

Other

56.417

assets

•

9

_

156,806

+

+

6,119

491.339

+

—350,768

3,986.354

—

———

3,055

21,*26

—

.

+

1,120

+7

7,647

or

loans

——

25,495,899

Member bank—-reserve accounts

18,641.786

notes

Reserve

—

39,212

+

U.

S. Treasurer—general
Foreign
—%

—237,495

414,512

acct.

+

406,035
413,659

—

.

975,260

22,793

90,766

—

1,188

95,907

__

+106,313

30,672

+

+

1,232
1,335
9,425

U.

Banks

Reserve

Defer red ' availability

Other

19,875,992

liabs.

&

items-

3,303.901

—582.806

dividends

19.141

cash

accrued

—1,131,261

—109,577

deposits'-—

+

+

1,363

.

358.485

2,883

—

48,694,933

—730,232

—

671,882

293,574

Capital paid in
Surplus

(Section 7)

365

5-13
5-20
6-

3

75c

6-15

6-

3

20c

6-24

6-

2

40c

6-

1

5-16

3iy4c

7-

1

6-15

28V8C

7-

1

6-15

$1.31 y4

7-

1

Prior

818

+2,912

+

American

Government

American

+

22,021

From

35,888

From

$1.25

4Va %

Other

(Section

capital

5V4 %

149,495

+

4,798

.

—

16,466

♦San

+

tExclusive

Total.liebs.
Ratio
to

of

&

deposit

bilities

capital accounts

certificate

gold

and

F.

49,326,446

Machinery

Co.

&

(quar.)

ances

630,439

Metal

preferred
Meter

Co.

Co.,

Ltd.,

46.3%
on

+

+
+

—

for

foreign
26.526

correspondents
loan commitments-

Industrial

3,511

—

1

+

12,815

+

9

+

Class

of

ioans

Banks

158

banks

to

items

loan

as

and

are

B

banks

the

of

weekly reporting member

Reserve

Federal

System in leading cities
shows the following principal changes for the week
ended May 18:
A decrease of $463 million in. holdings
of Treasury certificates of indebtedness, and increases
of $818 million in holdings of Treasury notes and $442
million in United States Government deposits.

principal changes

were

increases of $12 million in the

Dallas District and $10 million in the Philadelphia Dis¬

trict and

decrease of $10 million in the Boston District.

a

Changes according to industry
release.

Loans to brokers and

appear

in another

carrying United States Government and other securities,
increased

the

Holdings of Treasury notes increased and holdings of
certificates

of

indebtedness

decreased

in

all

districts, reflecting the exchange of maturing certificates
ior

a

new

issue

of




notes

and

additional

sales

of

the

6-10

and

after

+

9-20

9-12

$1.25

12-20

12-12

32c

6-24

6-

6-

5-24

preferred

Seating

American
American

—

124

American

Surety

(N.

American

—

23

+

27)

+

deduction

Tobacco

174

Lead &

and

Jun

class

Corp.,
1st

preferred stock
July
1
bonds due 1983____Jun 17

2013

Macfadden

$1.50

1st

cumul.

334%

mtge.

Publications, Inc.—
participating preferred

dividend

3%%

Oil

stock

Jun

1

2356

1878

Pittston Co., 5%

coll. trust

Public Service Electric

3%%

debenture

Jun

1801

Jun

2244

1971t_Juri

2245

notes, ser. B due 1968—Jun

2245

datec) 1936

&

bonds

Republic Steel Corp., 3%
Scovill Manufacturing

s.

15-year s. f.

debs, due June

f.

Gas

debs
1,

1972

1st mtge.

Co., 4.30%

Ltd.,

s.

f. bonds

5-10

7-

5

6-

—

$3.75

Extra
%

(initial

Associated
Common

Class

A

6%

6-

1

4-29

6-

22V2c

5-10

1

5-

2

6

1

5-

2

6-

1

5-

2

6-

I

5-

2

6-15

5-31

7-

6-15

1

6-20

6-

4

45 c

6-

8

5-

6

30c

(initial)-

(quar.)

6-

1

5-18

93 3/4 C

(quar.)

I~~

1

5-27

7-15

6-24

7-15

6-24

6-

5-18

56y4C

1

(quar.)_
.

(quar.)

6-15

5-23

6-15

5-23

37V2 c

(quar.)

Corp., com.
preferred
(quar.)

6-

15c

(quar.)

6-30

$1.25

common

Goods

Spring

5-27

7-

125c

(quar.)

preferred

5-27

1

10c

common

1

7-

30C

(quar.)

5-16

7-

5934c

(quar.)

6-15

50c
50c

Corp.,

6-15

5-23

40c

6-1

5-13

6-

5-13

$1.31 y2

1

9

40c

6-10

6-

$1.50

6-10

5-18

7-

6-

1

Telephone & Telegraph—
(increased)
(quar.)

convertible

1

2245

due '65—Jun

1

2245

Associates

Jun 29

2245

Atchison, Topeka

stock-

4-29

31c

quar.)

Refining,

Associated

1

$1.08 3/4

(quar.)

Oil

1st

5-16

6-

59c

(increased

common

Ashland

Dry

6-10

Co.—

Corp.,

2nd

1

$1.02

Asbestos

$1.50

5-20

6-

27>/2c

(quar.)
Ltd. (quar.)

Associated

1

I
com

new

6-22

6-

~

preferred

preferred

5-31

6-30

25c

(increased)

:

&

6-15

t$1.12Va

I

.

(initial)

preferred

Equipment

6-24

75c

(quar.)

conv.

5-11

$3

-

(quarj__l

pfd.

(quar.)

preferred
B

9

50c

(quar.)

Armstrong Rubber, class A
Class

6-

7-15

t20c

Power,

Corp.,

common

(s-a)

(quar.)

preferred
Steel

3

30c

com._

preferred

.Jun

.

cumul. pfd.

5-20

1

25c

partic

$1

Associated Transport,

Co.—

due

Ltd

pfd

preferred

5.25%

Corp., 3y2%

1

6-

8

15c

6%

Service, common
preferred
(quar.)

$5

Minnesota

Transfer Ry.—
first mortgage bonds

6-

Co.—

Arkansas Western Gas Co.

.

5%

6-17

(quar.)
Co..

Public

4.65%

2241

Co.,

6-27

6-30

HI

preferred

Aro

bonds__Jun

A

$3

Arkansas-Missouri

Page

1

Signal

7-

5

30c

Mills

Co.,
(quar.)

4%%

Fort

Ry.

1

7-

t20c

(quar.)

$4.35

2353

1

mtge.

5-26

8-

$2.25

Co

$2.36

2011

1st

6-28

40c

$1.10

REDEMPTION

33i%

6-16

25C

(s-a)

Development,

Inc.

Farms

2238

Co.,

5-16

6-30

.

Co.,

Cotton

Arizona

Page

6

Date

Depot

5-13

1

(quar.)

(quar.)

Brand,

Armco

Date

stock

Issue—

Union

1

6-

(accum.)

A

4V2%

in which

1

Street

5-13

6-

3iy»c
20c

pfd.

Smelting—

Archer-Daniels-Midland

bonds, notes,

Bristol-Meyers Co.. 25-year 3%% debentures
Jun
Chesapeake & Ohio Ry., 3%% ref. & Impvt. mtge bds.__Jun
General

5%

preferred

New

Issue—

PARTIAL

Company

1

Quarterly

TENDER

common

6-10

6-

l'15c

Zinc

5-10

*15c

Paper

Oil

6-10

1

$1.25

Writing

Arcade

1

6-

1
$0.40104

(initial)

(quar.)
Anglo°Newfoundland

re¬

7-

6

7-11

National Corp., Ltd.
(s-a)
Anglo-Canadian Telephone Co.—

valuation

5-31

$2.25

(quar.)

Andian

gross.

1

37 Vic

Glass,

Class

5-

5-25

7-

75c

(quar.)

5-31
6-15

50c

$4.50 preferred
Anderson-Pirchard Oil
(quar.)

214

5

5-12

Co.—

Window

$5

5-

60C

(quar

preferred

Amoskeag

7
6

50c

Telegraph

Works

preferred

Common

1

66-

85c

Y.)
<fc

American

104

(increased)

(quar.)

(quar.)

Telephone
Water

5 V2 %

3

6-

2 y2%

(quar.i

American

150)'

of

Refining

&

1

6-10

25c

Foundries
Co.

American

25c

(quar.)

Stores

2

+2,547
+
966
+
182

28
4
442

(increased quar.)
(Dela.)
(stock div.)

Smelting
Steel

$1-75

Corp.

American

+5
—

(quar.)

Seal-Kap

American

1955.

of corporate

OF

Co.,

1

$1.25

172

(except where indicated)

Steamship

1

Ltd.—

(quar.)

Armstrong Cork
Company

6-

6-

(quar.)

American

given in the "Chronicle."
NOTICE

1

6-15
6-15

preferred

7%

called

were

Lines,

6-

preferred

287
634

—

of May 11,

shown

list

Peoples Water & Gas Co.. 5%

Treasury

6-20

President

American Rock Wool

common

current volume

the details

Pacific Western

$51 million.

$1

(quar.)

Radiator & Standard Sanitary—
Common
(quar.)

stock called for redemption,
under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
and

those

Georgia Power Co.,

press

dealers for purchasing or

50c

6-15

1

5%

Argo

American-Hawaiian

Commercial, industrial, and agricultural loans in¬
creased $22 million at all reporting member banks; the

6-15

Chemical—

$1.25

Argus

The condition statement of

7-

&

(quar.)

Arden

including

(quar.i__

:

preferred

Anvil

preferred

5-31

American

1.196

Condition Statement of Member Banks

8-19

6-15

$3

(s-a)

5%

Redemption Galls and Sinking Fund
a

1

5Cc

Anheuser-Busch,
Anthes-Imperial

Below will be found

5-20

9-

50c

preferred

748

+

776

individual

5-27

1

(quar.)

A

+

9

1

are

pfd.

5-20

6-

$1.12 y2
$6

1

6-15

50c

(quar.)

Class
$4

6-

.

5-27
5-25

50c

Finance,

Optical
Potash

6-10

6-10

•1.12%

(quar.)

com.

(quar.)

National

American

0.4%

4*

accept¬

chased

0.2%

preferred

American

District figures

(quar.)

'

6-15

50c

25c

(quar.)__

(quar.)

Metal

note lia¬

R.

liability

pin

serves;

Foundry
Co., Ltd.—

American

reserves

combined

Contingent

—725,069

(quar.)

Laundry
Machine

+

41

10.263

Francisco

(quar.)

(quar.)

American

deposits:

Reserve

—

American

27,543

13b)————

accounts-

preferred
preferred

+

—

1,443

Federal

(Illinois)

(quar.)
convertible preferred A

10

—

56,262
21,466
3,914

U.

banks

others

Corp.__

Common

'

Surplus

Investment

56

923

S. Govt
deposits

demand

Domestic

International

161
184

2,543

deposits adjusted

deposits except

U.

S.

_

American

Time

+

+

660.901

•—_—-

1

6-15

641

+

13,799

domestic banks

+

—

—

Foreign banks
Borrowings:

Capital Accounts—

6-

6-20

20c

6%
Demand

Interbank

liabilities

Total

20c

367

Liabilities—
Total

Home Products
(monthly)
Hospital Supply (quar.)
Insulator Corp. of Del., com. (quar.)
preferred (s-a)

30c

—1,118
—1,325

—

;—1

vault...
with

American

American

768

95
^63

1,053

—

Federal

with

in

Balances

21

8,731

banks

to

(quar.)

American

American

+
198
+1,065
+1,051

204

—

21,557

securities

Reserves
Cash

notes

bonds

S.

+

14

+

8,760

-

33,599

Loans

5-19

preferred

5%

securities—total—

Other
—

1

car¬

Treasury

103,777

+

Deposits:

+

51

2,642

2

Government

S.

6-

prior

American

bills
Treasury certificates of indebtedness

630,439

—

$1.16

$4.64

American

for

securities

purchasing

loans

5-19

•

Treasury

—725,069

49,826,446

.

Liabilites—
Federal

22

securities

estate

Other

+

1

1

agricul¬

dealers

and

carrying

or

for

loans

rying
Real

U.

assets.

Total

brokers

purchasing

22

foreign bunks-—-—

Uncollected

+

to

115

1

6-

6-14
6-

4 Va %

-+4.759
+3,370

309

+

22,743

and

loans

tural

+

42,193

industrial,

Commercial,
Total

84,523

adjustedt

6-

75c

Steamship (quar.)
Assurance, com. (increased)

Home

American

(In millions of dollars)

5-10

6-10

70c

1954

Assets—

6-10

6-

American-Hawaiian

4Va%

May 19,

290,800

—

2,801,750

May 11,

5-20

45c

(quar.)

(quar.)

1

25c

Electric

&

Greetings

Holdert

Payable of Rec.

12V2C

American

(+) or

Decreased—) Since

—1,383.184

11.645,837

—

Share

American
Increase

—1,223,625

98,700

792,350

—

American

of $53

decrease

a

ber banks follows:

Bills

Notes

Borrowings increased $123 million at all reporting
member banks; the principal changes were increases of
$70 million in the Philadelphia District, $60 million in
Chicago,

Gas

American

deposits

Company

Forging & Socket Co

,

adjusted increased $65 million in
New York City, $57 million in the Cleveland District,
and $53 million in the Boston District, but they decreased
$88 million in Chicago, $84 million in the Richmond Dis¬
trict, and $55 million in the Philadelphia District; the
net increase was $28 million.
Demand

When

Per

Name of

American

lion, respectively!

Federal Reserve Banks Combined
(In

Holdings of Treasury bills and of United States
bonds decreased $95 million and $56 mil¬

Government

preferred

Investment

1

1

Inc.—

Co.

(accum.)__

$1.50

(quar.)

& Santa Fe Ry.

6-15

5-31

50c

(quar.)

—

7-

1

6-10

$1.25

6-

1

4-28

Volume

Number 5433

181

.

The Commercial and Financial Chronicle

.

.

(2511)
Per
Name of

Atlanta

Company

Share

r

When

Holdert

4.50%

preferred

1

6-

1

5-20

6-

1

Name of

5-20

$1.15

(quar.)

6-

$1;1214

4.60%

Light, common
preferred (quar.)

Per

Payable of Rec.

30c

(quar.)

Gas

5-20

Brown

tire
20

Atlantic Coast Line RR. Co.—
New

Atlantic

Atlas

preferred

Atlas

Powder

Aunor

A

ment

A

Babbitt

6%

—

_________

(quar.)

common

C

Show

Co.

Beam

—-

common

5%

6-17

6-

3

3 % %

6-10

6-

1

4%

7-

1

6-10

6-30
9-30

Burns

12-30

45c

7-

1

6-15

7-

1

6-15

1

6-15

1

5-16

1

6-

6

Butler

1

Beneficial

common

—

6-10

Butterfly Hosiery Co., Ltd., 7% pfd. (s-a)__
Byllesby (H. M.) & Co., 5% pfd. (quar.)
Bymart-Tintair, Inc., 5% pfd. (accum.)
Calif. Cold Storage &
Distributing Co.—
$1.50 participating preferred (quar.)
$1.50 participating preferred
(quar.)
$1.50 participating preferred (quar.)

6-10
5-31

5-23

6-10

5-20

6-30

6-15

7-

1

6-30

6-24

6-14

California

7-

1

6-15

California

6-

1

6-

5c

7-

1

6-22

Gas

3

9-22

9-22

California

6-22

Camden

Burlington Ry

1

5-13

Campbell

6-

1

5-13

New

6-

1

$1.18%

6-

1

5-16

7-

1

6-

common

6-20

5-27

New

1

5-17

to

6-

1

5-17

$25c
50c

6-15
7-

6-

1

6-15

6-30

6-15

Canada

6%

$1.06%

5-16

Canada

$1.18%

6-

1

5-16

7-

1

6-15

IOC

7-30

5-31

Insurance

(Los

Mining
quar.)_

15c

7-15

6-30

Canada

Iron

$1.25

(increased

com.

7-15

6-30

Canada

Life

6-

1

5-

2

Canada

50c

6-13

6-

1

Canada

50c

7-

1

6-15

Special

100th

$1.50

6-

1

5- 9

Special
Special

$1.75

7-1

6-

1

6-23

6-

1

$1.25

6-13

6-

1

(quar.)

1

5-16

Canadian

1

5-20

Canadian

25c

6-30

6-15

5-20

(quar.)

25c

Club

(quar.)

Investment & Trust Co.

1

6-

1

4%

5-18

Hose

&

& Sons

6-

1

5-20

4(4%

1

5-23

—--*■

Bridge & Tank Co. of Canada, Ltd.—
$2.90 preference (quar.)
Briggs & Stratton Corp. (quar.)
Bright (T. G.) & Co., Ltd., 5% pref. (quar.)

Class

1

6-

3

5-

4

Carlisle

1

5-

4

Carolina

5-16

60c

6-15

5-27

Carrier

6-30

6-15

4(4%

1

6-10

6-

1

7-15

5-27

1

Assurance

Co.

Bank Note

—

6-17

Oil

Ltd.

4%

preferred

6-

8

4-29

2

6-

(quar.)

Catelli

7-

$$1

7-

1

6-20

9-

1

8-15

6-

1

5-20

$10c

6-

1

5-20

7-

1

6-

1

7-

1

6-

1

7-

1

6-

1

7-

1

6-

1

16 %C

(quar.)
(quar.)

preferred (quar.)_.
preferred B (quar.)
(quar.)—

(quar.)




—

15c

6-

3

5-13

4.20%

6-10

6-

1

5-

2

5%

$1.10

6-

1

5-

2

Central

25c

6-10

5-20

Central

5-31

4-30

5%

preferred

Detroit

,$1.75

8-

1

7-22

50c

56 %c

5-12

6-30

6-10

6-

1

5-16

6-

1

5-11

75c

6-10

5-27

6-15

5-27

20c

$2.50

6-

1

7-

1

6-23

6-10

5-18

5-2Q

$1.50

7-

1

6-21

$1.50
(quar.)

1-3-56

12-21

30c

6-15

6-

$1.12%

6-15.

6-

3

$1.12%

gtd. (quar.)

7-

1

6-

3

5-10

3

(l/10tb

shares

of

6-

1

50c

6-

1

5-10

6-10

5-16

General

for each share held)

6-10

~25c

5-16

Co.

(quar.)

& Stone

5-16

7-

1

6-16

6-10

5-25

1

5-20

6-

1

5-20

6-

3

5-27

53 %c

6-

3

5-27

87 %c

6-30

6-14

9c

5-31

25c

(quar.)

6-

25c

(quar.)

1
1

$1.25

America

77-

6-15

6-

3

5c

of

$1

35c

4(4 7® preferred (quar.)_
Colgate-Palmolive Co., $3.50 pfd. (quar.)
Colonial Acceptance Corp., class A
Co.

1

$7.40

.

Corp

Insurance

5-31

6-

75c

(quar.)

Life

6-10

15c

(monthly)

Cochran Foil Co., common (quar.)
57® preferred series A (quar.)
Coleman Co., com. (quar.)

4%

87 %c

25c

6-29

6-

3

6-14
.

6-14

5-12

50c

preferred (quar.)
preferred
(quar.)

6-

1

5-20

50c

6-

1

5-20

62 %c

6-

1

5-20

10c

6-

1

5-16

Monthly

10c

7-

1

10c

8-

1

7-15

6-30

6-15

5%

Colorado

Colorado

Central

7-15

6-20

class

Power

(monthly)

Interstate

Gas, com. (quar.)
5% preferred (quar.)
Colorado Milling & Elevator Co.
(quar.)
class

New

class

A

B

—

5-26

(Boston)

6-11

6-

1

6-30

6-

1

National

6-10

5-27

1

5-18

Commercial

7-

1

6-21

Commercial

6-

1

5-13

5-16

6-

6-11

6-10

5-31

23 c

6-

1

5-16

5-31

5-16

$1.75

5-27

6-10

5-27

6-30

6-20

6-10

5-16

6-10

$5

Credit

10-10

25c

6-

6-

1

5-24

87 %c

6-

1

5-24

$1.37%

6-

1

5-24

6-

1

5-30

6-

1

5-10
1

$1

(Toronto)

6-

6-

1

5-17

20c

(quar.)
Life Assn.

5-25

6-15

20c

(quar.)

common

preferred

5-20

6-15

15c

(quar.)

(quar.)

1

25c

.

Service

Nast Publications

Confederation

6-30

(Phila.) —

(quar.)
preferred (quar.)

Corp.,

6-

7 Vic

(quar.)

Common

Mills

1

65c

(quar.)

common

Commonwealth Title Co.

Public

6-

9-19

30c

Co.

Discount,

(s-a)

6-

1

5-17

2

—

Quarterly
(quar.)

A

1

30c

(quar.)

6-10

10c

Co.

$3.50 prior preferred (quar.)
514% preferred (quar.)

4%

$1.12%

Insurance

Mutual Life Insurance
Combined Locks Paper—
Class A common
(quar.)

6-

5-25

Life

Columbus

$2

5-16

5-16

50c

(s-a)

,(quar.)

35c

1

6-15

1

50c

6-11

6-

1

6-

20c

Columbian

6-10

7-

35c

20c

5-26

5-31

6-15

$1.25

(initial-quar.)
(initial-quar.)

5-17

6-

31 %c

Columbia Broadcasting System—

1

50c

(quar.)

$12c

5-31

5-16

$38c

Quarterly
Quarterly

$37c

9-15

9-10

$38c

17-1R

17-10

25c

6-15

6-

1

23c

7-

1

6-

1

56 %C

6-

1

5-16

Congoleum-Nairn, Inc. (quar.)
Connecticut Light & Power (quar.)
Connecticut
Connohio

Power

Co.,

Co.

Inc.,

(quar.)

15c

common

6-15

7-

1

6-10

6-20

$25c

40c

preferred

(quar.)

10c

7-

1

6-20

11-15

40c

preferred

iquar.)

10c

10-

1

9120

5-31

5-16

25c

6-

1

5-20

40c

8-10

7-20

8-10

7-20

$50c

7-11

6-13

$$2.50

(s-a)

7-

2

6-23

(quar.)

Foundry Co., common

(quar.)

3c

6-

1

5-16

Consolidated Amusement
Consolidated
Consolidated

19c

$1.25

6-20

6-

6-

5-16

1

8

Co., Ltd

35C
—

Coppermines

Consolidated Discovery

Corp.

(quar.)

Yellowknife

—

Ltd.,

$2.50

7-

1

6-15

7-

1

6-15

25c

6-16

5-13

6-15

5-31

$75c

6-30

5-31

6-10

Mines—

Interim

Consolidated Diversified

6-30

30c

$1.25

$10c

Cement Corp.
(quar.)
Cigar Corp., common (quar.)
(quar.)

$5 preferred
Consolidated

Ltd.—

(s-a)

(quar.)

8-13

11-30

$1.05

(quar.)

(quar.)

Warehouse

8-31

$25c

Investments

Canada

preferred

5-20

$5c

preference

$1.50

1

15c

6-11

$5c

Knitting, Ltd.

Central

7-10

$1.10

6-

$1.25

__

Columbia Title Insurance (Wash. D. C.)
Columbian Carbon Co. (quar.)

56 %C

Extra

Celtic

6-17

50C

$1.25

(s-a)—

Colonial Stores, common

75c

(quar.)

Caterpillar Tractor, com.
95C

6-27

(Tenn).—

(quar.)

Chemical

5-16

7

Co.—

Clorox

40c

(quar.)
(increased)

Products,

6-13

12c

15c

1

6-

5-16

9

Chattanooga

Monthly

10c

Co.

& Co.

50C

(quar.)

Colonial Sand

5-31

6-

(quar.)

(quar.)

of

Foods

Colonial

$25c

8

(quar.)

Corp.

Clinton

6-15

B

8-

6-16

dividend

6-14

Class

14%

6-30

Co.

Abrasive common

2

8-13

B

(final)

Stock

6-28

11-15

B

common

7-

8-31

Class

preferred

$20c

11-30

Class

6%

6-15

$12c

7

4.40%

5-10

1

$13c

7

Brown & Biaelow,

5-16

1

(quar.)
(quar.)
(quar.).
(quar.).

6-

common

1

7-

(quar.)

6-

Gas,

66-

$$1

A

6-

Borough

$25c

A

2

40c

Cable

40c

-

(quar.)

Extra

2

4.40%

5-31

Class

2

Brooklyn

1

7

7-

Co.

M.)

Food

7-

Bascom Rope

7-

3

8-19

$1.25

(quar.)

Corp. of America—
preferred (initial)

$63c

&

5-31

5-13

6-10

75c

j.

conv.

$56c

Broderick

5-31

6-

I

Cleveland & Pittsburgh RR., 77®

4%

$$1.19

preferred

6-15
6-15

1

6-20
9- 1

75c

Plywood (quar.)
Co., 7% preferred

4% %

5%

$3.80

6-

5-13

1

6-

4% special guaranteed (quar.)
Cleveland Quarries Co. (quar.)

5-16

$20c

I.)

(A.

.4% %

Brockton Taunton Gas

2
1

Class

$$1

preferred (quar.)
preferred (quar.)
preferred (quar.)
British Petroleum, Ltd., ordinary

76-

1

6-

$1.25

(quar.)

Cone

(J.

"

7-

5- 2

6-15

6-

$1.25

preferred

7-

Catalin

6%%

1

1

(quar.)

$4.50

5-20

3

4-29

6-

2

6-10

6-

8

5-

7-

Electric Illuminating—

25c

7-

6-

1

6-20

5-16

$4

Cleveland

Cascades

Castle

6%%

6-

5-23

1

6-11

Texas Pacific Ry.

&

Semi-annual

Conde

$1.20

registered (final)
Ordinary bearer (final)
British Columbia Electric, Ltd.—

$$1.25

7-

$1

Cleveland-Cliffs Iron, com.
$4.50
preferred
(quar.)

Community

British-American Tobacco Co., Ltd.—

Ordinary

6-15

6-15

1

2

5-13

2

6-14

75c

(quar.)

com.

& Lambert Mfg.
(quar.)
Clearfield & Mahoning Ry. (s-a)

5-16

6-

$21%C

(quar.)_

5-13

7-

1

(quar.)

preferred

1

Case

Quarterly

6-15
6-15

$65c

5-27

$1

Clayton

6-30

6-15

(quar.)

Co., common (quar.)
preferred
(quar.)
Claussner Hosiery Co., com. (reduced)—

35c

7-

1

5 7®

6-15

Ltd.—

(quar.)
Piiie, Scott & Co.—
preferred
(quar.)

4(4%

194c

Co., Ltd.—

(quar.)

Co.,

(quar.)

common

pfd.

,

Co.

New

Gas

preferred

Carson,

$25C

British-American

Corp.,

$92

Equipment

Carthage Mills, Inc. (quar.)

5-16
7-

6-10

2

$$1.12%

(quar.)

Co.
(quar.)
Corp. (quar.)
Telephone & Telegraph

$28%c

6-

2

7-

$$2

(quar.)

Carpenter Paper
Carpenter Steel

4%

Machine,
(quar.)

preferred

7-

$$1.25

Caroorundum

1

Water

Clark

6-15

$1.75

;

Utilities

5-16

$$1

(quar.)

(Philip) Mfg., common
preferred (quar.)

6-

93 %c

British

—.

(quar.)

6-

35c

(interim)

(quar.)

American

B

&

Service

5-31

$$1.25

Natural

Mills, com.

7-

25c

Corp
common

preferred

;

Electric,

(s-a)

Wire

1

$10c

(quar.)

pref.

Western

$1214c

$7214c

6-

&

preferred
preferred

City

6-27

6-30

75c

preferred

6-15

Cos., Ltd.—

preferred

Cannon

5%

5-10

Refractories, Ltd.—

Canadian

Carey

1

$15c

(quar.)

6-1B

5-21

6-

1

6-15
6-15

Monthly

Corp., Ltd.

1

5-27

City
City

$10c

7-

1

6-

Trust,

(quar.)

75c

nnmr«-r—rr-r-i- -it |—r~ —r

American

Investment

preference

6-

7- 2

(increased)

com.

(quar.)

(quar.)
Auto Stamping (quar.)
Baking Co., 7% preferred (quar.)
Products Corp. (reduced).
Speciality Stores, 4(4% conv. pfd. (quar.)

City
City

110c

(quar.)

(quar.)

$25c

(quar.)

Cordage, Ltd., class A (quar.)

.

Ltd.

Co.

Inc.

preference

6-

Securities,

3

preference

6-10

5-20

(quar.)

Corp.

Citizens

5-20

10-18
I

6-30

$$2.50

Cincinnati, New Orleans

6-20

1

7-27

2

Milling

6-20

1

7-

6-16

Gas

Cities
4-29

11-

7-

Cincinnati

Circle
5-31

5-13

25c

.

(s-a)

7% .preferred

Chrysler

5%

1

a

preferred

6%

6-

6-

6-

3

redeemable

15c

4-29

7

6-23

6-17

6-

8%

J 50c

5-31

$2

$1.75

6-

5%

7

5-26

3

(quar.)

6-30

5%

6-

8

1

6-

Knitting Mills, Ltd.—

Christiana

4%

7- 7

1

6-24

6-14

6-30

6

6-20

6-

6-28

8-

6-

$25c

9

50c

50c

7-27

6-

6-15

$43%c

—_

6-

«$1

preferred (s-a)
Bower Roller Bearing
(quar.)
Bowes
Co., Ltd
Boyertown Burial Casket (quar.)

5-23
6-15

1

6-10
6-10

6-17

3

5-11

4%

6-21

1

1

6-20

6-30

6-

5-

1

1

6-15

7-

7-

7-

75c

40c

preferred

5%

$1

$1.50

$1.25

6-30

1

6-

6-

.

$7

Chipman

1

$1.50

$15c

(quar.)

common

1

6-15

1

6-30

common

Towel,

International

6-

$3

Chicago

Co.

6-14

Rubber—

Chicago, Rock Island & Pacific RR.

Coca-Cola

6-

50c

6%

1
5

1

7-15

62 Vic

5-

6-

6-

$1.12%

75c

(quar.)

Chicago Mill & Lumber (quar.)_;
Chicago Rivet & Machine (quar.)

Coca-Cola

8714c

—

Trust

Estate

preferred

12-

6-

6-1

6-15

25c

12-10

6-15

6-15

75c

com

12 Vic

6-15

5-18

2%%

1

50c

Canadian

Western Ry.,

1

1

1

RR.—

9-

3

6-10

5-31

6-

87 %c

dividend

5-31

25c

quar.)

Great

Stock

6-

(quar.)

redeemable

Chicago

1

—

Oil

Illinois

9-10

6-

1

6-10

$3.50

«t

Eastern

&

2

Ltd.,

(quar.)

class A

7-

.

Canadian

$2

7-

Common

Tire

Chicago

150c

Extra

.

preferred

Chesebrough Mfg. Co. (Consol.) (quar.)
Chicago, Burlington & Quincy RR. Co
Chicago Corp., $3 preference (quar.)

12 Vic

$20c

common

Canadian

convertible

$36%C

International

Ltd.,

preferred

3(4%

5%

6-

7-

5c

1

6-15

a

5-10

7 Vic

.

(quar.)
Chesapeake Industries,- $4 pfd. (quar.)____
$6 preferred (quar.)
Chesapeake & Ohio Ry., common (quar.)

1

6-15

1

6-

1

25c

(s-a)_

(initial quar.)

Extra

6-

6-

Chenango & Unadilla Telephone Corp.—

6-

1

6-15

6-17

50c

$1.12%

(quar.)

6-10

6-

6-15

25c

12 %C

15c

7 Vic

(quar.)_

(quar.)
Mfg., 7% preferred

$31 Vic

60C

Inc. (quar.)
(quar.)

Bristol-Myers Co.,
3%%
preferred

6-16

21c

Borg-Warner Corp., com. (Increased
3%% preferred (quar.)
Boston Ground Rent Trust (s-a)

Bristol Brass

7-

1

of America—

investment income)

J.)

6-

5-16

6-

$31 Vic

General

Canadian

5-20

6-15

20c

Corp

Brass

6-10

35c

—

1

6-15

$$1.25

(quar.)

Electric, Ltd. (quar.)
Canadian Ice Machine, Ltd., class A (quar.)
Canadian Ingersol Rand Co. Ltd

11-18

6-

25c

(quar.)

Co.

(quar.)

Fund,

6-18

6-

6-10

31 %c

$10c

preferred

6-

11-30

6-30

B.)

Valve

Chattanooga Gas

Clevite

com.

(quar.)
Fairbanks-Morse

15C

Book-of-the-Month

preferred

Ltd.,

$1.75

Canadian

50c

Quarterly

9

7-29

___

(quar.)
Fibre, common

&

preferred
(A.

__

Products

preference
(Initial)
Ltd. (quar.)

Canners,

5-16

8-22

5-

$$3.50

$75c

6-15

1

5- 9
6-10

Ltd.—

1

9-

1
1

$$1

Celanese

15c

N. C.)

66-

6-30

12-15

6-14
6-30

5-20

1-3-56

convertible

Canadian

75c

5-31

bonus

Breweries,

Canadian

15C

&

Canadian

35C

$1.18%

(quar.)__

5-31

anniversary

5-20

35c

6% preferred

5-19
6-24

6-15

$50c

(quar.)_

(quar.)

$1

5-25

1

(quar.)
Mills, Inc.

Paper

Chapman

$$1

(quar.)

7-

6-

100th

B

30C

6-15

7-20

9-15

A

$1.06%

7- 8

1

Class

5-20

7- 8

7-29

10-

Class

1

5-18

7-20

$10c

Canada Wire & Cable Co.

6-

7-15

bonus

5-20

28 %C

Chance

100th

5-20

1

$4.50

6

6-10

6-16

1

6-

6

5-

2

1

1

$1.18%

:

5-

1

7-

7-

6-

1

1

6-

$10o

6-

6-

6-

5-18

Champion

bonus

34C

1

Certain-Teed

6

anniversary
anniversary

5-23

6-

6

5-

$50c

Corp.

5-24

6-15

Ribbon

5-

1

$30c

(quar.)

$1.05

(quar.)

(quar.)

Co.

Ltd.

Mortgage

Canada

6-20

Century

1

6-

Co.

5%

(quar.)

1

$1.25

1

5-27

6-

$37 Vic

(quar.)

6-10

$1.12%

7-

6-14

6-

$25c

15c

1214c

(quar.)_

(quar.)

Chemical

Co.,

Permanent

6-15

12 %c

Electric

5%

Ltd.
Co.

6-15

1

Century

$25c

(quar.)

Safeway Ltd., 5% 1st pfd.
5%
2nd
preferred
(quar.)
Canada Steamship Lines, Ltd.—
5%
preferred (s-a)
Canada Vinegars, Ltd.
(quar.)

35C

.

(quar.)

Bloch Bros. Tobacco,

Malting

Ltd.

Extra

(increased)

com.

(quar.)

Blue Bell, Inc. (quar.)
Blue Ridge Insurance (Shelby

Woven

Foundries,
Assurance

25c

(initial)

Sugar,

1

$1.04

1

6

Ltd.—

(quar.)

Dominion

5-18

7-

Service—

(quar.)

7-

1

are

Canada Foundries & Forgings, Ltd.—
Class
A
(quar.)

Life

&

5-31

1

1

7-

5-

and

Canada Flooring Co., Ltd.—
$1 preferred class A (quar.)

preferred

67 %c

6-

$1.17

$$1.50

Crushed & Cut Stone,

5-13

6-

$1.19

$32 Vic

5-16

4-29

6-13

(quar.)

$32 %c

1

5-31

25c

(quar.)

6-15

preferred

6-

$25c

1

(quar.)
preferred (quar.)
Blackstone Valley Gas & Electric—
4.25%
preferred (quar.)

Boston

28

1

4 %%

Real

Feb.

6-

5.56% ' prefei red (quar.)
Black, Sivalls & Bryson, com.

Boston

Payments

1

10c
33c

4.75%

1

$25C

30c

preferred

Co.

quar.)
above.

5-14

$1.12%

(quar.)_

Cincinnati

(quar.)

preferred

Stores,

shown

6-

6-17

preferred

6-

(this dividend is In addition

one

the
quarters ending
May 31, respectively)
6V2 % preferred
(quar.)
$1.30
preference
(quar.)

1

9

5%

(quar.)

pfd.

Public

preferred

Common

for

20%

the

5-

Ltd.—

(initial

Vermont

6-10

$10C

6-

Black Hills Power & Light,

Airplane

Co.,

common

1

Ltd.—

6-

(quar.)
Big Bear Market (Mich.) (quar.)
Bigelow-Sanford Carpet, 4(4% pfd.
Bird & Son, 5%
preferred (quar.)
Blrtman
Electric
(quar.)

Aluminum

Cement

New

6-

1714c

(quar.)

Special

Mines,

Campbell Wyant & Cannon Foundry
Canada

3

6-

75C

(initial)

6-17

Electric—

Telephone, 5.40%

4.15%

6-17

6-30

4.65%

27Vic

:

.__

dividend)
(s-a)

25 c

Co.,

Co.

Red Lake

common

30c

Co.

Blaw-Knox

preferred

6-

Central

5-16

25c

(quar.)
Packing
(stock

1

&

7-12

25c

3

15C

(quar.)

Mfg.

British

5Va2t>

Central

1

6-10

27c

7-

.

5-12

8-

37 Vic

(quar.)

com.

10-

6-10

(quar.)_

(quar.)

Utilities,

10-

40c

4% preferred (quar.)
Bethlehem Steel Corp., common
7%
preferred
(quar.)

(E.

common

preferred (quar.)
5.40% preferred (quar.)
i

1

25c

1214 c

Hathaway

Common

QjaSS

Power,

Co.

214%

50c

(quar.)

(initial)

Brantford

Ink

6-

$1.12%

(resumed)

5%

4

Bessemer Limestone & Cement Co.—

Brach

Electric

5-10

25c

(quar.)

Zinc

(quar.)

preferred

Borden

(increased)

1

30c

,

Consolidated

Berkshire

Bond

common

7-

1

1

30c

$1

3

6-

1

7%c

Butte

7-

4.50%
preferred
(quar.)
Central-Illinois Securities Corp. (initial)
Central & South West
Corp. (quar.)
Central Steel & Wire
(quar.)

6-

$2

6-10

6-

5-19

25c

7-

6-15

5-19

Louisiana

(quar.)

6-30
6-30

$1.23

1

$llc
A

1

preferred

5-20

$1

$1.06%

6

6-10

preferred

4(4%

7-20

$1.25

Packing
(quar.)
Co. (quar.)—

Standard

Angeles

(From

Brothers,

6-10

6-

$50c
$50o

7-

Copper &

1

6-10

35c

z

6-

13 % %

:

preference

(J. P.) Sons
Burton-Dixie Corp. (quar.)

4%%

7-

$1.12%

9

Service-

Central

Ltd.—

214%

preferred

Bond

A

Burroughs

7-

3

5-27

4.92%

$25c

participating class A (quar.)
Racing Association, class
Corp.
(quar.)
_•

6-

6-

6-15

7

$1.05

Burroughs

California-Pacific

-

preferred

Boeing

class

Dock,

6-24

6-

$1.12%
.

Burrillville

7-

Paper Ltd.—

common

4% %

Bohn

Dry

$75c

4(4%

Blockson

Ltd.,

9

55c

(quar.)

6-28

$1

B

15c

(quar.)

dividend

4.75%

Co.,

5-16

9-

12-

preferred (quar.)
4.25%
preferred
(quar.)

87 %C

10-14

&

1

6-10

9-20
12-20

(quar.)

Public

6-20

$1.25
$1.25

(increased)

15c

(quar.)

1-13-56

Class

6-

$1.25

Holder»

(quar.)

4%

Illinois

50c

(quar.)

4.20% preferred (quar.)
Burlington Steel, Ltd. (quar.)
Burmah Oil, Ltd.
(final)

7-15

6-20

Concen¬

(quar.)
preferred (quar.)

50

Mfg.

4.20%

2nd

1

25c

Industries,

preferred

65C

Distilling,

Mills,

&

preferred

4 % %

7-

$25c

(quar.)

$1.43%

(increased)

Belding Heminway Co. (quar.)
Belgium Stores. Ltd., 5% pfd. (quar.)
Bell Aircraft Corp
Bell & Gossett Co. (quar.)
Bell & Howell Co., common
(quar.)

Bibb

Mining

Burlington

25c

dividend

Berkshire

Sullivan

(interim)

3

6-15

$1.25

$1

Ltd.

6-

1

prelerred

Common

Central

40c

(quar.)

6-17

7-

4(4%

5-16

5-16

common

(quar.)

When

Payable of Ret.

(quar.)

30c

(quar.)_

common

&

5-16

1

9c

Dredging,

Hill

1

6-15
6-

20c

trating Co. (quar.)
Burgess Battery Co.

214%

dividend

Beech-Nut

5%

Bunker

6-

Central Illinois Light,

$1.25

(quar.)

9

t80c

(quar.)

preferred
(quar.)
Beauty Counselors (quar.)
Beck (A. S.) Shoe, 4%% preferred
Beech Creek R. R. Co. (quar.)

Benquet

5-18

5-16

25c

5-

$1.06

Ltd.

$5

Stock

1

5-18

1

Share

5c

5-30

45c

(quar.)

&

B.)

Stock

Belden

6-

Gold

(quar.)

$1.75

Common

Beaunit

Bulolo

$1.25

(quar.)

common

(quar.)

Stock

5-13

Co.—

California

of

Power

(J.

1

25c

Works

A

5-31

6-

10c

(quar.)

Canada

preferred

Class

6-10

$1

Barium Steel Corp. (stock dividend)
Basic Refractories, common
(quar.)

Bathurst

15c

$1,121/2

(quar.)_________—

Co

Oil

5-27

40c

quar.)

Electric,

of

Iron

6-22

Fund,
Bullock's,
Inc.,
4% preferred

Burrard

preferred (quar.)
4% preferred (quar.)
4(4% preferred (quar.)

5%%

Bullock

6-15

1

6-

25c

pfd.

(quar.)

$1.50

7%

Bareco

Corp.
Ltd

Per

Name of Company
Central of Georgia Ry. Co.—
5% preferred series A and B
5% preferred series A and B
5% preferred series A and B

60c

$1.50
_

(quar.)

preferred B

Barber-Ellis

Eclipse

6-

$30c

(quar.)
Co. (quar.)

Company, common
preferred (quar.)

$5

1

$1.50

(quar.)

(increased

Bangor-Hydro

Basin

6-19

5C

(quar.)

Bangor & Aroostook RR.
5% preferred (quar.)

Bath

Budd

18 %c

(quar.)

Inc.

prelerred

Oil

5-20

Co.—

Radio

Co.

6-15

7-

'

A

(quar.)

Buckeye Pipe Line

invest¬

preferred
(quar.)
preferred
(quar.)—
Baltimore Gas & Electric Co.—

Baltimore

Oil

6-20

80c

15c

(from

A

(quar.)

Inc.,

preferred

Creek

$1.51
30c

25c

class

6%

4%%

Buck

5-20

100%

6%

4%

6

June
25c

Brunswick-Balke-Collender, $5
Brunswig Drug Co. (quar.)

5-26
5-

(quar.)
Ltd., class

80c

(quar.)

;•

common

Common

1

on

dividend).

(quar.)

lie

Fund,

Piano

6-

this

Holderi

Payable 0} Rec.

(en¬

Co.

30c

(quar.)_:—_

:

(B. T.),

Baldwin

6-10

5-28

redemption

Mfg.

6-15

2714 c

dividend

Foods,

Class

6-20

Sharpe

(Charles)

Buffalo

i

Collieries

Stock

B/G

Bruning

1

of America—

Alarm

income)

Ayshire

5-16

1007®

(stock dividend)

dividend

Axe-Houghton

Mills,

6-

preferred

(quar.)

$15c

(quar.)

Voting Machine Corp.
Products, Inc. (increased)

Stock

Shoe

"

Automatic
Avon

Brown

for

Co.

When

Share
1st

share plus

per

11214 c

Co.

Fire

5-20

$4c

Ltd., com.

quar

Automatic

6-15

50c

(quar.)
Ltd. (quar.)

Automatic Canteen Co.
Increased

&

Bruck

(quar.)

Finance

Brown

50c

Electric Service,

Class

Auto

Co.

Gold Mines,

5-16

$55c

(s-a)

(quar.)

Corp.

6-13

50c

(quar.)

called

$100

Rubber

50c

quar.)

Co., common
Wholesalers, Ltd.—

5% %

issue

at

Brown

Refining

Atlantic

Auto

(initial

common

Company

Co., $5 convertible

55

Standard Securities,

noncumulative

preferred

(s-a)

56

The Commercial and Financial Chronicle

(2512)

Company

Share

■

Edison

Consolidated

Engineering Corp.
Foods, common
iquar.)

Consolidated

Inc.,

casters,
Class

1

5-16

Dresser

6-

1

5-18

7-

Co.

Assurance

6-15

Driver-Harris

5-16
2

5-

6-

6-

Class

5-

5-31

5-

$1.12%

7-

1

6-

7-

1

6-

$1.13

7-

1

6-

Duriron Co., 5%

1

5-20

6-30

6-16

5%

preferred

75c

6-15

5-25

5%

preferred

Fibre

Continental

Continental

Oil

5%

Faint

/6%

Corby

B

$5.25

______—

A

Eastern
Eastern

Ltd.,

Gas

1

6-15

6-

5-16

6-15

5-16

Eastern

25C

6-

1

5-12

Eastman

6-

1

5-12

6-15
6-10

15c

6-

(quar.)—

(quar.)—
(quar.)

H.)——

6-24

6-15

6-24

6-15

6-

Quarterly ————

——

4>A%
5%%

Class

A

Crown

$2 pfd.

Steel

Crucible

5%

&

8%

of

Co.

pfd.

conv.

Crum

Corp., $4.20 pfd.
Coal, Ltd. (s-a)_

Pass

Forster,

Cuban-American

5-24

Payable

6-10
9-

Caban Tobacco

6-

Electrolux

1

6-

6-

Curtis

Companies,

Curtis

(H.)

6-

El

5-20

1

7-

1
1

9-

preferred

Curtis Publishing

6-15

5-17

6-30

6-15

1

5-13

6-

2

5-6

6-30

6-

6-10

5-25

5%

6-30

6-15

4%%

6-16
9-16

6-30

6-10

6-29

6-

6

6-20

6-

3

7-

12%c

6-

1

7-

1

6-

3

1

6-28

6-

class

A

(quar.)

non-cum.

class

A

50c

9-28

9-

7

$2

non-cum.

class

A

(quar.)
(quar.)

50c

12-28

12-

7

7%

preferred
(quar.)

Inc.

$1.75

(quar.)——

60c

Dahlstrom Metallic Door

25C

Corp., common (quar.)
3 3A %
preferred A (quar.)
Dayton Malleable Iron, common
5%
preferred
(quar.)—
3.75%

preferred A

Deere & Co.,

7%

(quar.)

Delaware

of

Tramway
to

$3.50

$2.50

to

Fairbanks

Co.,

Fairbanks

Morse

Fairchild

5-20

5-17

Fajardo

6-

1

5-17

Falconbridge

6-

1

5-17

6-

1

5-17

1

6-

6-

1

3

Federal

7-

1

6-15

Federal-Mogul

6-

6

5-18

Federal

Dewey Portland Cement
Alkali

Co.,

preferred

Diamond Portland
Diana

Stores

6-

3

55-

6-

3

5-

25c

6-

1

6-15

12-15

9

Cement

terly
5%
Dobbs

40c

(quar.)
(quar.)—

Group

from net

Cup

1

5-14

6-10

5-31

6-

6

5-31

6-15

5-31

6-10

6-20

6-

1

5-31

75c

.

6-

1

5-20

$1

(s-a).

6-

1

5-20

$1.50

7-

1

6-10

Stock

Fund, Inc.
income)

Houses

5-23

6

4c

A

(quar.)

6-15

5-31

45C

(quar.)—.

Co.

6-

6-15

(quar¬

investment

common
(quar.)
convertible preferred series

6-15

*30c

(quar.)

Co.,

Dobeckmun

20c

——

6-

l-Oc

Corp-Seagrams

Diversified

$1.10

—

Co.

Distillers

Dixie

37 %C

(quar.)

common

Dictaphone Corp., common—
4% preferred (quar.)
!
DiGiorgio Fruit, $3 preferred
Dt-Noc

$1
25c

(quar.)

9

6-25

6-10

62 %c

7-10

6-.10

1

5-14

35c

(quar.)

6-

Federated

(quarj—

—

Dqminguez Oil Fields (monthly)
Dominion & Anglo Investment Corp., Ltd.—
5%
preferred (quar.)
"
1

Stock

5%

(s-a)

dividend

Doir'^ion

Stores,

Ltd.

(quar.)

Common

(quar.)

preference (quar.)




:

9

Co.

Genuine

8-12

1

6-15

6-1

5-12.

1

6-28
6-

1
1

(quar.)_

6- 1
1

6-15

6-30

6%

6-10
6-15

7-

1

Goodrich

1

6-24

6-15

Gossard

(H.

1

5-10

6-

1

5-10

7-

8

Class

1

6-

9

-.Class

6-9

6%

6-17

5-27

Class

2%

9-16

Rubber, 4%%
Corp.

6-30
5-17

(quar.)
quar.)

6%

6-15

5-20

„

,

$1.12%.

-

Fittings,

(M.

Ltd.,

H.)

Co.

class

5-18

*20c

6-15

5-18

Class

B

6-10

10c

8-

1

7-2

25c

7-

2

6-

1

<

3

62'/a C

6-

1

5-14

55c

6-

1

5-10

class A (quar.)

5%

6-

5-14

6-

5-15.

6-

8

5-25

50c

5-31

5-20

25c

7-

1

6-13

2.5c

6-

1

6-

1

"Put¬

see

(quar.)'

&

6-

3

6-18

6-

3

$1.23

7-

1

6-15

7-

1

6-15

7-

1

6-15

25c

6-

7

5-25

6-30

6-15

20c

7-

1

6-10

6-

4

10c

6-10

5-20

15c

6-

1

5-20

12 %c

6-14

5-31

12 %C

6-14

5-31

60c

6-15

6-

25c

6-15

6-

1

30c

6-10

6-

1

7-

€-20

$1.12%

(quar.)
(quar.)
*

pfd.

$1.75

Co.

6-13

5-24

7-

1

6-10

7-

1

7-

1

$1.50
45c

6-

5-31

1

7%

1

6-^1

*5-ia

25 c ''

(quar.)__

6-25

6-10

6-11

5-31

$2..

(quar.)

5-16

7-1

6-7

Great Northern
Great

Southern

Great

West

30c

6-

1
1

(quar.l

7- 1

Mining,

Smelting

$1

.,.,,6fl5

4Go

*

6-20

6-

1

" 6-10

12-12

11-28

6-

1

-6-

1

5-13

6-15

5-25

25c

dividend)

6-

(quar.)_

15C

Tea/common

"

•

(quar.)

•

$1

6

5-23

6-15
6-

1

6-

1

5-20
,

5-

5

5-

5

25c

1-

'

.

6-10

5-20

*40c

"(quar.)

Towing

5-12
5-26

6-

$1.75
Co.

1

5-31

1B0%

.

25c

(N. Y.)

5-13

6-30

6-15

6-20

6-15

25c

'

Life

Life

Insurance

Assurance-Co.

6-

1

6-15

6-

1

6-20

5-25

6-10

6-

*50c

7-

2

6-17

30c

7-

2

6-10

$1.75

7-

2

6-10

(Houston)—
1

(Winnipeg)

—

.Great.^Western Sugar, common
—.preferred (quar.)

.•

6-10

$1.10
55c

Ry. (quar.)

COc

40c

Quarterly

5-27
..

11-28

8-2»

<Sc

Paper, common (quar.)
4.49% -preferred,A (quar.)___—

6-17

6-10

12-12

*25c

5-20

62%c

11-28

25c

Great- Northern

5-20

6-

8-29

12-12

$2.50

;L6kes

6-15

9-12

$1.50

,

Great

6-15

8-29

9-12

.

!___

Paper,

1

9-12

$2

$2

-

|

Lakes

1

5-31

!$2"-

'

-

Dredge & Dock

1

5-31

6-11

$2

-

6-11

-

■

Lakes

7-

5-31

...$2
$1.50

$1.50

•

Pacific

6-11

~

preferred

6-

60c
_________

' '

;

Great

7-

5-1G

6-15

50c

Co.

(quar.)

com.

Ltd.

6-_7

'6-15 *

50c

35c

Ins.

Indemnity
&

6-15
'

(s-a)„

Great .Atlantic

6-10

6-30

50c

Cc. '(stock

Great American

1

1

15c

(quar.)

Ltd., class A

Ltd.

Union

2

15c

(quar.)

GranbymConsolidated
Power,

5-

$1.12%

(quar.)

(s-a)

Co.,

5-20

6-18

$1.25

(quar.)__

preferred

5-20

25c

$1.15

(quar.)__

B

Grafton

6-1

6-15

.

56c

7.

Grand

30c

—

3.

$1.25

(quar.)

Gray Mfg. Co.,-^ (quar.^_u

6-10

*30c

5%

(quar.)
(quar.)

Corp.

pfd.

preferred

lOc

Co., torn,

Power

6-

(quar.)

& Co.,

15c

(s-a)

(quar,)

$4 preferred

Florida

1

(quar.)

com.

5-20

7-1

25c

Flagg-Utica Corp., 5% prior pfd. (quar,)_
Flintkote

3.

7-

(quar.)

Great

Fitzsimmons Stores, Ltd.,
6-15

5-31

6-

75c

5-13

6- 1

37%c

10c

(quar.)

A

1

.

60c

^

(quar.)

Particpiating preference (s-a)
Participating
Fish man

6-

7-

59%c

(quar.)____
Class A
(quar.)
1
Class
B
(quar.)
6%
preferred
(quar.)
Graflex, Inc., com. (s-a)

5-31

6-10,

'

50c

(quar.)

(s-a)

5-31

pfd.

(increased

3"

6-30

(quar.)

A

Class

8-26

.

5-20

(quar.)

7

55c

:

(quar.)__:
preferred
(quar.)

7-1

6-16

Philadelphia

r-29

6-17.
6-

50%
(quar.)

B

55c

Co.

6-

6-30

...

Co.

Employees

R.)

A

7-

5-31

25C

6-30

(W.

7-30

6-15

Carpet

W.)

Government

Y.)—

Fund

Stores

6-28
6-29

48c

(quar.)

Mfg. Co.

3c

National

5-18
6-10

30c

Boston

Goodyear Tire & Rubber
Gorham

6

,

1

1

"

Telegraph (quar.)
F.) Co.
(quar.)

(B.

75c

J

8-

6-

6-30

(increased)

(quar.)

1

6-

3

*17 %c

5-13

preferred

Gold & .Stock

5r26

,6-

Fischer & Porter Co.—

1

common

common

75c

Bait.—

8-15

25c

(quar.)
Brewing Co., common (quar.)
convertible preferred (quar.)

2%

at

5-20.

50c

$5

Globe-Union. Inc. (quar.)

3

6-14

6-

B

$4.50

6-

9-20

*$1.25

A

Class

60c

6-

First Security Corp.

(quar.)

Glens Falls Portland Cement
(quar.)
Glitsch (Fritz W.) Sons (quar.)

Grace

(N.

6-10

Co.—

5-31

6-15

&

7-11
7-11

35c

(quar.).

Distilleries

5-31

6-15

6-20

9-14

preferred

6-30

40c

Firth

1

1st

6-10

40c

Stock

1
1

12 %c

Cement

Goebel

50c-

.

5-12

8-

8-

(quar.)

Globe-Wernicke Co., 7%

(quar.)

Bank

5-10

1

6-10

50c

(quar.)_

5-4

(quar.)_

Firestone Tire

5-31

6-

84 %C

(quar.)

com.

pfd.

common

5-4

A

of

6-15

2%

6-1

30c,

5-20

6-

of

6-1

B

Association

5-13

5-16

Co.

Class

5-20

Class

First

Portland

Glenmore

6-15

1

6-

31%c

(quar.)__

America

Industrial

4

$1

common

(quar.)
Glen-Gery Shale Brick,

5-18

30c

5-26

6-

1

(quar.)

preferred

Gillette

12-14

15c

(quar.)

6-14

5-31

$150

Plywood

Products,

4% %

5-18

6-15

12-28

-

5-16

t"-Y'

12c

.__

5-13

37 %c

1

75c

preferred (quar.)___!
$5 preferred (quar.)

5-16

6-

Class

Financial

50c

$4.60

5-9

8-

Fund

10c

t

6-

8c

20c

(quar.)

5-16

6-15

(quar.)

50c

quar.)

6-17

6-15

6-10

dividend

Gerber

7-15

6-1

25c

6-20

1

55c

(quar.)

<quar.)_

Co.,

preferred

Stock

5-16

37%c

7-

17 %c

Co

Georgia Power, $4.92 pfd.

6-10

3%

7-11

$2

$1.25

(quar.)
(Wise.)

Co.

Putnam

5%

5-16

6-

Pares

Georgia-Pacific

5-16

1

t40c

(quar.)
of

6-16

€2%c

(quar.)

preferred

General Tire & Rubber

11-10

25c

Insurance

1

Dominion Tar & Chemical, Ltd.—
SI

Marble

9- 1

75c

Corp.

Finance

6-30

1

George

Georgia

12- 1J

$1.50

A:

Fire

6-10

*25c

(quar.)

George

5-13

50c

_,

6-

*62'Ac

.

preference

5-31

10c

Quarterly

35c

Dominion Scottish Investments, Ltd.—.
Common

5-

5-15

$1.25

(stock div.)

Fidelity-Phoenix

5-14

certificates

1

25c

Corp.

1.

1

^

Publications

25c

Dome Mines, Ltd.

American

6-10

6-

(quar.)

Signal, com.

6-

6-

6-

Investments, Ltd.—

6-1

12%c

Extra

First

Telephone

6-

6-

;

preferred

25c

Pepper Co. (quar.)
Dodge & Cox Fund (quar.)_

5-9

12%c

(quar.)

15c

—

Dr.

6-1

$1.12%

(increased)

Works

Fire

preferred

General Tin

25c

Board,

Filtrol

$2,25
General

5-18

6- 1

Corp

Paper

6-15

(quar.)

convertible

9-20

$1.25

(quar.)

Electric

2

1

Pennsylvania—

5-24

50c

(quar.)

(increased

6-

25c

(quar.)

General Telephone (Ky.),
5% pfd. (quar.)__
General Telephone (Ohio), $2.20
pfd. (quar.)
General Telephone Co. of

1

6-

35c

Screw

Ferro

6-10
10-1

87%C

,

Ltd.

5-13

6-10

25c

Castings (quar.)
Telephone Corp., com.
r
Stock dividend
■
4.40%
preferred (quar.)_
4.75%

1

60c

$1.25 preferred (quar.)—
Federated Department Stores—
Increased
(quar.)

6-10
12-

5-13

$1.12%

Welder—

Corp.

Pacific

Federal Sign &

5-13

62 %C

5-13

6-1

(quar.)

Federal

9

62 %C

6- 1

$1.18%

$1.25

Federal

9

3

$2

(quar.)—

Corp.

Co.

$1

•'

4.40%

Insurance

30c

—

6-

(quar.)

Mines,

6-10

S33Ac

5%

25c

(quar.)

(s-a)

5-27

6-15

(quar.)

Federal Machine &

Corp.—
preferred

6-17

Extra

5-16

.6-

.

5-20

35c

tlOc

6-14

30c

5-20

*

15c
--.

Co. (stock dividend)
Farmer Candy Shops (quar.)

1

30c

6-10

35c

Metallurgical
Federal Compress & Warehouse Co.

5-12

6-10

75c

Airplane

Nickel

1

preferred (s-a)
Denver Union Stock Yard Co. (quar.)
Diamond

&

Co.

6-

$3.50

25c

$1.25

pfd.

5-18

7-

Steel

-

Y.

N.

6-15

(quar.)

General

Fansteel

6-24

7-

Sugar

7-

(quar.)

Refractories

General

1

Giant

conv.

40c

(quar.)

General

6-24

Mfg.

Fanny

(quar.)—-

5-12

Extra

Fanner

Canada—

35c

of

5-18

30c

,

(quar.)

6-24

(quar.)

Co.

Engine

1

1

7- 2

6%

7%c

(N. Y.)

$2.50

1

5-18

(quar.)

debenture stock

Denver

7-

5-31

50c

class A common

Dentists Supply

7-15

97 %c

Voting common (quar.)
8%

3

7-

Cement

The Fair

6-

6-

Corp.,

preferred

A

—

Gregg

see

933Ac

_

(s-a)

Mfg.,

&

933Ac

(quar.)

common

(quar.)
(quar.)

Delta-C & S Air Lines
Dennison

Coe

Plywood
Portland

6%

7-15

12%c

(s-a)

(The)

General
General

nam"

Insurance Co.

50c

Inc.

R.

Fair

5-23

5-23

7-15

________

(quar.)

1

6-15

25c

Advertising,

6-

(quar.)
(quar.)____—.

6-15

*$2.50

Properties

R.

Faber,

5-16

1

Co.

$1.25

common—

Stores,

Monte

—

(s-a)

preferred

Dejay
Del

Excelsior

Outdoor

"

$3.50

common

25c

(quar.)—

preferred B (quar.)
3.90% preferred C (quar.)
Debentures & Securities Corp.
preferred

Essex

5-27

General

60c

preferred

75c

-

3.75%

5%

Mills,

5-13

6-

(quar.)

6-

30c

com—

5-23

Co.—

prior
Mfg. Co.

1

6-20

70c

—

com.

1

$1 75

A

$1.25

(quar. >

1

7-

$5 preferred (quar.)
$3.75
preferred
(quar.)

25c

(s-a)

4%%

6-15

6-

1

1

6-

tlOc

preferred

:

(quar.)

933Ac

Dana

Dayton Power & Light,

Railroad

Erlanger
Ero

6-

25c

$5 preferred series A (quar.)
$5 preferred series A (quar.)
15 preferred series A (quar.)

7

7-

6-23

3%%

7- 1

—

preferred

preferred

Erie

Motors Corp.,

7-? 1

4.50% conv. preferred (quar.)_——
Equity Corp., $2 preferred (quar.)
Erie & Pittsburgh RR., 7%
gtd. (quar.)

3

6-

Mills,

General

$1.03

.

Equitable Credit, 50c pfd. (quar.)
Equitable Gas Co., com. (quar.)—

5-20

75c

(quar.)_

$2

Sons,

(quar.)

preferred

7%

1

9-29

*

General

5-16

6-15

6-

1

Corp.—

Printing Co.

$1.12%

—-

B

&

5-25

7-

6

1

7-

(quar.)

1

(quar.)———40c

common

6-

7-

Co.
(quar.)
(quar.)

Corp.

Corp.

6-15

$1.65

—

Co.,

6-27

*30c

(quar.)

6-

2

6-17

(initial)

25c

quar.)

Emery Air Freight (increased) (s-a)_;
Empire District Electric Co., com. (quar.)..*

9

Corp.—

Cutler-Hammer.

(s-a)

Electric

Class

6-20

6-30

50c

Cushman's

preferred

Paso

(increased

—

6-

$1.75

Curtiss-Wright
$2 non-cum.

Watch

common

common

25c

Williamsport R. R. Co.—

5-18

1

45c

common

25c

._

10c

(quar.)

A

$4 prior pfd.

Co.,

&

General

5-25

1

:

new

Manifold

5-13

6-15
6-

(s-a)

Pireprooflng
Foods

Gas

6-13

preferred
(quar.)
preferred
(quar.)————_
Ely & Walker Dry Goods, common (quar.)7% 1st preferred (s-a)
6% 2nd preferred (s-a.)
Emerson Drug Co., class A (quar.)

$10

—

Ltd.

5-25

,

7-

(quar.)_

Corp.,

General

(quar.)

1~C

(quar.)

General

$4.50

9

Industries, Inc.—

convertible

50c

(quar.)

General

(quar.)_

$4.12

6-10

10-

Corp.

Emporium Cap well Co.,

pfd.- (accum.)——-

Inc.

(stock dividend)
stock of United Gas

common

Elgin National
Elmira

6

5-18

1

in

Electrographic Corp.

5-16

1

6-15

$1.75

5%

(quar.)
Co.

(18/10 shares for each 100 held)
subject to the approval of the SEC—

9

Sugar—

Co.

Share

Co.

9-30

&

preferred

6-10

6-15

34c

Baking Co., $8 preferred
General
Cigar,
common

Finance

6-20

$1.75

"Bakeries,

5,

4Cc

General

5-16

Dynamics,

2nd pfd.

conv.

Bond

$2

preferred (quar.)
preferred (quar.)

7%

General

5-16

General

37 %c

7%

J. 5-16

1

0

5-16

12 %c

;

5-16

4.40%
Electric

45c

(quar.)

1

6-

7-

9-

;

1

56 %c

Quarterly

6- 1

6-

12C

(quar.)

Transportation

6- 1

1

1

50c

(quar.)_——

common

preferred

Corp.,
Corp

$1.10

8-

$1.05

(quar.)

com.

American

7%

$2

—

America

General

6-

..

6-10

9-30

.

•

$1.50

(quar.)

Acceptance

General

General

$1.25

America,

(quar.)

General

5-31

5-16

50c

(quar.)

5-25

5-16

6-11
7-1

5-16

*$2

Zellerbach

Crows Nest

6-10

6-15

6- 1

11-

(s-a)________

Co.

6- 1

25c

(quar.)

preferred

$1.34

6-10

25c

__________—

Gaylord

$1.37%

1

5-15

5-16

"6-30

(quar.)
Container <quar.)__

1st

Service

$1.02%
$1.06%

6-

1

50c

Gas

1

6-

'6-1

*$1.38

6-10

$1

(quar.)

,6-15

-

50c

40c

5-25

6-20

1
1

",;6-20

1

common

6-15

$1.06'A

6-30

*$1,25

Ltd.,

6-30

35c

(quar.)

8-

11-

11-15

•

-'$1.75

(quar.)

$1.41%

8-15

5C
"

<quar.)__

preferred

$1.60

6-20

5-16

1

8-15

15c

:

(quar.)

(quar.)

6-30

6-10

6-30

.sv

common

Co.,

*25c

(quar.)—

J

Gary
(Theo.)
Co., common
(increased).
Participating
common
(quar.)

6-15

1

5-16

Inc.—

15c

(quar.)

pfd.

;

(quar.)

Power

(quar.)

25c

(quar.)

5% %

1

6-

^

IOC

$1

5c

—

common

35c
62 %c

common

5c

preferred (quar.)
preferred (quar.)—

11-15

28'Ac

(quar.)

preferred

6-15

Corp.

preferred

(quar.)

7%

Crown Cork & Seal Co., Inc.,

5%

Co.,

preferred

Co.—

—

3

6-16

6-30

5-21

10c

preferred

preferred

6-

(quar.)
Crompton & Knowles, Loom Works
Crown Cork International, class A (quar.)

Gatineau

6-

E.)

5.36%

5-20

preferred

6-3

(R.

conv.

5.65%

5-25

Sexton

6-1

7-1
7-

*25c

6-

6-15-

'

:

Investors

6-15

6-10

&

Ltd. (quar.)

6-

2lc

(quar.)_

Loom, Inc.—

5-31

8

65c

convertible

6-22

4%%
Garrett

1

5-16

(Quarterly from net investment income)
income)
Funsten

7-

1

6-15

;

$3 non-cumulative preferred

9-16

6-30

6-16

6-

(quar.).

< quar.)

6-30

200%

4%%

the

6-18

75c

—______

4.10%

of

9-16

75c

—

6-16

25c

,

6-16

1

common

7- 1

1

1
1

7-

common.

10-11

$1.50

77-

40c

(quar.)

on

50c
50c

______

2oc

preferred (quar.).

10- 1

—

5-10

(quar.)

(quar.);'
1
Trailer, common, (quar.).

25c

(quar.)—

(quar.)

5-24

5-10

6-15

(quar.)

Refining Co.,,

Fundamental

.

1

6-15

(quar.).

Co.

6-

25c

—

Cribben

preferred

5-13

6-18

6-

*$1.25

quar.)__

Machinery Co.

on

Fruit

6- 1

25c

1

25c

Paper

dividend

5-18

7- 1

5-26

(quar.)

dividend

Stock

7%c

5-10

$1

Stock

4%

30c

(quar.)

Stores,

El Paso Natural Gas,

5-27
5-10

(initial)————

common

8%

4'A %

5-30

833Ac

Co., 33A%

pfd,

(quar.)

Corp.. Ltd.

Brothers

6-10

preferred (s-a)
preferred (quar.)—
Petroleum
Corp
(stock dividend)

Crampton Manufacturing, 5%

New

Edison

$15c

(quar.)——

$2

Eddy Paper Corp
Eddy Paper Co., Ltd., $1 class A

6

6

15c

(R. L.), Ltd.

Co.

Frontier

Fruehauf

,5-11
5-11

6-

6-11

E€%c

Steel Corp.

Sulphur

25c

common

&

Corp.

Company

6-15

^

*15c

Inc.

Crain

Creole

Baler

Ecuadorian

6-15

7-15

Co.,

5-20

6- 1
6-1;

.

Extra

5-

1

Associates,

Kodak

Frito

6-15

(quar.)——

Sugar

Steel

lL.r Realty
Quarterly
_;

7- 1
6-15

.__

preferred

Economy

5-

1

6-

$2.50
$2.50

——

—

5-25

5c

——

(quar.)————-

—

5-25

6-10

...

Works

Corrugated

Pressed

Freeport

7- 1

par

Economic Investment Trust,

5-25

$1.31'A
25c
45c
20c

(quar.)__

Corp.

5-

—

(quar-)--—.
Eaton Paper Corp., common.
6% prior preferred (s-a)

5

6-10
6-10
6-10

10c

preferred

6%

5-21

40c

(s-a)—

class A

common

$1

6

62%c
75c
*50c
J50c
30c

—-——

(quar.)

no

Fostoria

Bridge

Friedman

15c

and $2 par) (quar.)
Common (both no par and $2 par) (quar.)
$1 preferred
(quar.)
1

6-15

$1

_

Coty,

Crane

Common (both

3

75c

—

(quar.)

Products

Cosmopolitan Realty

Quarterly

5-31
7-29

1

Worth

32'Ac
25c

-

r

Corp. (increased)
Racing Association—

6-15
8-

(qmif&_~

com.

____

Air

Lines

^

1.50 s'

Gas,

(Increased

com.

7% .preferred

quar.)___

Natural

Fore

Foster-Wheeler

6-15

6-15

5-31

*$1.25

Dailies,

Wayne

.6-10

6-30

6-15

76c

class B, (quar.)
(Canada), Ltd., class A (quar.)_

Pitt

5-10

50c

(quar.)

Fort

Oo.—

*^^-<^^>^$1.75

Eastern

6-16

Water

(quar.)

preferred (quar.)

25c

(quar.)_;._-

___——_

preferred

& W.

5.20%

B

5-19

81'Ac

__

4%
preferred (quar.)
4%%
preferred (quar.)

6- 1
6-20
9- 1
8-19
12- £ A: 11-18

31'Ac
3iy4C

com. (quar.)

1

6-15

25c

Wallace,

Motor

7- 8

_

Interurban

&

East Tennessee

25c

common

(quar.)

(G.

6-30

20c

Natural

Coro, Inc.
Corson

3

40c

(quar.)—

Electric,

Paperboard

Corning

6-

6-15,

1

(quar.)—

—

series

Cornell

6-13
7-

75c

(s-a)

Extra

9

5-23

Distillery,

(H.)

Class

Cornell-Dublier

6%

5-

1

6-

Louis

preferred
preferred

&

7-8

East

6-13

preferred (quar.)
conv.
preferred (quar.)

3i%c
—

(s-a)

Mineral

Fort

3

St.

Foote

5-23

(quar.)

$1.08

pfd. A

(Boston)

Forbes

Foremost

7-35
7-25

(quar.

ice

Fund

Class

6-14

D

Machinery & Chemical,
3%% preferred (quar.).!

Formula

Ford

—$1.25

3

*$1.30

new com. (initial quar.)_
Copperweld Steel Co., com. (increased)
.

5%

,

preferred

Food

6-3

6-

20c

Copper Range Co.,
4

10%

(quar.)

Flying Tiger Line, 5%

•

5-19
7-22
10-21

6-

70c

Bay Lumber Co
Copeland Refrigeration

5-19

6-

4.32%

6-23
6-21
6- 1
6- 1
5-25
6- 9

7-15
7- 1

6-15

(Toronto) (8-a)—

Coos

1

6-15

50c

& Varnish, common
preferred (quar.)

prior

$3

6-

Duval Sulphur
(quar.)
31%p„-A-30
Dynamics Corp. of America (initial)-___--^ V:AV IOC}-"
6-30 1
Eagle Picher Co. (quar.)
3T%c '!• "*-10

$1.13

(quar.)
preferred (quar.)________————

Cook

$1.12%

6-15

7/o

(quar.)„_

Co.,

5-19

(quar.)

5-18

6-

Co.

1

1

6-24

Telephone

6-

C

1

15c

Continental Steel Corp.

Continental

$1.12 %

preferred

7-

(reduced)

Motors

(quar.)_

4%%

15c

4%%

Continental Life Insurance

B

5-20
5-27

6-

—

Continental

4% %

5-19

5-12

6- 1

10c

(quar.)

pfd. (quar.)—
Foundry & Machine (quar.)
Insurance Co.
(N.
Y.)
(quar.)_

Continental

1

35C

31'Ac

Co.,

6-

933Ac

(quar.)

Gin

Continental

1

$1.12%

6- 9
8- 2
11- 1

(quar.)

5-19

6-

(quar.)

5-16

(quar.)
& Potash

5-26

$1.12%

A

7-12

preferred

Holdert

6-30

prexerred

50c
15c
15c

preferred

6-

$1

(quar.)———————

Continental-Diamond

preferred

When

Payable of Rec.

25c

preferred
preferred

(quar.)_—————...
_
$1.12%
(quar.)
—87 %c

preferred

$4.50
$3.50

(Initial)

com.

4%%

_

(interim)

new

4%%

50c

(quar.)

Common

Continental Copper & Steel Industries—

5%

A

Light,

5-14

—-

Dunlop Rubber, Ltd ordinary (final)
du Pont (E. I.) de Nemours & Co.—

&

Share

5-12

——

(quar.)

Per

Company

Power

1

6-

6-15
6-10
6-30
6-13

(quar.)

■

Name of

Florida

6-15

62%c
933Ac
40c
12%c

(quar.)—

Monday, May 30, 1955

.

6- 1
6- 1

15c
50c

,

Bradstreet, Inc. (quar.)
Duncan Coffee Co., class A (quar.)

25c

(quar.)
Casualty Co
(quar.)
Continental Commercial Corp., com.

preferred

*30c

common

Co.

7-15

*$1.75

Dun &

$1.12 %

Continental
60c

6-15

7-

*12c

(quar.)

(quar.)

(quar.)

preferred (quar.)
Drewry's Ltd., U. S. A. Inc.
Drilling & Exploration

6-

*37 Ac

preferred

$3.75

Industries,

5c

(quar.)

pfd.

33A%

_

(quar.)
Consumers Power, $4.50 preferred
(quar.)_
$4.50 preferred (quar.)
.
$4.52 preferred (quar.)
Container Corp. of America—
4%
preferred (quar.)—
— —-——_

Continental

1

b-

noc*

L£d.

Continental Can Co., com.

1

6-

7%

Ltd...

Bros.,

*50c

(s-a)_—-—

Glass,

6-15

1

6-

28c

—

mm

-

B

6-15

6-

Broad¬

Ltd., 5% pfd.(s-a)
Consolidated Theatres, Ltd., class A (quar.)_
Class

Preferred (quar.)
Douglas Oil Co. of Calif., 5%% pfd. (quar.)
343/ac
Dover Corp. (initial)—25c
Dow Chemical Co. (quar.)
25c
Dravo Corp., 4% preference (quar.)
50c

25 c

Consolidated Textile Mills,

Gonsumers

6-17

25c

common————————

B

1

6-15

18%C
—

Paper

Consolidated

Dorr-Oliver, Inc., common

6-15

Co. (quar.)
Television
&
Radio

Consolidated

Donohue

6-17

6-15

Laundries (quar.)

Consolidated

6-10

1

7-

1st

Holdert

Payable of Rec.

7-

b&/sc

preferred (quar.)
Consolidated Gas Utilities (quar.)
6%

Share

Co.,'Ltd.,

Textile

5-13

6-14

iuc

preferred iquar.)
Consolidated Freightways—
Common
(increased
quar.)

Dominion

6-15

joc

5%%

Name 0} Company

Payable 0/ Rec.

COc

(quar.)—
(quar.)

(N. Y.)

Co.

Consolidated

When

Per

H older t

When

Per
Name of

.

.

(quar.)
:

Volume

181

Number

5433

.

The Commercial and Financial Chronicle

..

Per

Name of
Greer

Company
(quar.).

Hydraulics

Grinnell

10c

Indiana

5-17
5-27

6-13

Name of Company

5-20

6-20

5-27

6-.,l

5-13

lie

6-

5-

Industrial

Gulf, Mobile & Ohio,

(quar.)

15 preierrea

12 %c

(quar.)
$5 preferred (quar.)
Gulf Oil Corp. (quar.)

;

$4.40

preferred

$4.44

preferred

5-20

6-13

5-24

"Inland

Steel

Co.

o-ia

o-a*

Insley

Mig.

Quarterly

9-12

8-23

12-15

11-23

50c

6-10

5-

7-

1

6-15

$1.16

Water

a

Ltd.,

Oil

Cementing

6-15

5-19

convertible

Hammermill Paper Co., common
4 'A % preferred (quar.)

preferred

after

International

Business

6-10

International

Cellucotton

5-23

International Cigar Machinery

;

6-10

,

;

5-

6- 1
6-

1

6

v

5-10

7%

8-

6-15

5-27

Class

A

$1

6-15

5-27

4'/2%

preferred

3

5

6-10
6-10

International Paint

6-10

5-25

International

preferred (quar.)
(A.) Co., 5%% preferred

5-31

5-12

5-31

5-12

International

Petroleum. Ltd.

4%

6-30

6-10

International

Resistance

6-

1

6-

$4

5-18

International

1

5-18

International

5-31

International

Utilities,

6-13

5-31

$1.40

Silver

6-

1

5-13

6-

1

5-10

_~
ZZZZZ Z

Co

7-20
7-

2

6-15

40c

7-

1

6-17

Intertype

$1.25

7-

1

6-17

Investment

8-

1

7-20

Common

11-

1

10-20

2-1-56

1-20

$1.37'/a

33

37 %C

6-30

6-17

40c

33

6-10

5-27

6%

Investment
tal

Trust

gains and

of

48 %c

(quar )

$1

6-15

7'Ac

6-15

6-

12c

6-10

5-26

Investors

6-10

Mfg.

Hawaiian

Co.

(quar.)„

Commercial

&

Sugar

Ltd

Co

Glass

Corp.
(quar.) JZ'
Mining Co.—
3

Heileman

"

(guar.)—

Hazeltine

~3__3

33333333333—33
.

ZZ

convertible

preferred B (quar.)
Hershey Chocolate, common (quar.)
3
preferred

A

preferred

$4.37%

2nd

Hibbard

Corp.,

preferred

1st

Hinde

&

Hines

(Edward)

Dauch

6-

1

7-25

3.30%

6-

4.40%

3

6-

1

5-16

87%C

6-1

5-16

7-

1

6-15

IOP

6-1

2-9P

50c

"

6-

5-20

Class

B

33

4%%

preferred (quar.)
Horder's, Inc. (quar.)
(N. Y.)

$2.25

5%

convertible

(quar.)

Finance, common
(quar.)333 3
preferred (quar.)
3 333"
preferred (quar.)
333333
33.

4.40%

preferred

Houston

Lighting

Houston

Oil

Howard

&

Stores. Corp.,

4(4%

preferred

6-

1

5-13

45c

6-

1

5-12

6-30

6-

5c

6-30

5-31

2

Sound

Hubinger
Hudson

Co.

Co.

Bay

6-

6-24

6-10

1

5-24

Mining & Smelting
&

5%

class

Paper,
A

preference

A

(quar.)

B

4.60%

preferred

Tea

4%

:

7-

2

6-

1

9

5-23

6-10

5-20

c

6-

1

5-12

6-

1

5-12

6-10

5-31

6-10

6-

1

5-13

3iy2c

6-

1

5-16

31'Ac

6-

1

5-16

32c

6-

1

5-16

35 %c

6-

1

5-16

35'Ac

6-

1

5-16

$1

6-15

5-31

57C

6-10

5-11

15c

6-30

6-15

5-31

5-18

7-

4

6-15

6-

1

5-20

6-30

6-17

(quar.)

9-30

9-16

12-30

12-16

*25c

(reduced)33

8-

1

6-30

15c

6-

1

7-15

7-

70C

6-

1

5-16

75c

6-

1

5-16

1

6-

1

5-16

6%

6-30

5-13

6%

7-11

5-

683Ac

$45c

6-

1

4-29

Imperial Flo-Glaze Paints Ltd.,
$1.50 preferred
(quar.)

Kahn's

com.

1

6-

1

5-16

and

Indiana

Gas

Indiana

Steel

&

Water

Products

earnings)

—

14c

6-15

(quar.)
(quar.)




20c

22'/aC

1

5%

1

5-16

6-10

5-25

6-

H.),

Inc.

Co.

10-17

Le Tourneau

6-15
6-15

6-

1

5-

6-27

6

5-27

share
Leath

$2.50
Lee

1

6-15

Lees

1

6-15

Co.

(James)

7-

1

6-15

6-

1

5-16

Leslie

Shops,

(quar.)

6%

Sons

&

Co.

Oklahoma

B,

&

$4.50

shares held

Kent-Moore

Keritc

Kern

Co.

Co.

Special

Original

Oil

common

Keves

Fibre,
class

B-l

Keystone
net

5-31
8-31

20c

6-

1

5-18

60c

6-

1

5-

4

1

50c

5-31

35c

6-

1

5-16

87 y2c

(quar.)

common

6-15

6-

1

5-16
5-18

$1.10

6-10

$1.10

(quar.)

9-10

8-18

12-10

11-18
3-10

$1

3-17-56

(quar.)

50c

6-10

5-18

50C

9-10

8-18
11-18

(quar.)

50c

12-10

(quar.)

50c

3-17-50

62'Ac

Inc., common

(quar.)

25c

6-

1

5-13

25c

6-

1

5-13

(quar.)

6-10

5-27

Loblaw,

25c

6-

1

5-20

Extra

7-

1

6-20

Loblaw Groceterias Co.,
Local

56'AC

Z

ZZZ
Z
(quarZ

5-31

5-

62 %c

6-

1

5-10

68%C

6-

1

5-10

30c

6-10

6-

9

1

1

5-18

Loew's,
London

$1

0-

1

5-13

$1.05

6-

1

5-13

0-

1

5-13

C

$3

(s-a)

6-

1

5-21

Tin

4.75%

6-10

Long-Bell Lumber

1

6-10

7-

1

6-10

$4

7-

Lord

1

6-10

6-15

5-31

7-

1

6-10

6-30

6-15

25c

6-

3

5-16

7-

1

0-15

87 %c

87%C

1

9-15

1-3-50

12-15

10-

class

non-cum.

7%

non-cum.

Lorillard

7%

(P.)

1

5-16

Common

$1.12%

7-

1

6-20

6-15
-

6-10

4'A%

Fund

series

com.

1

5-

2

6-

1

5-

9

8-

1

7-2JL

$1 "4

11.

1

10-" 1

30c

—

(quar.)

Transit Lines

(quar.)

Nashville

(M.)

&

7-

1

7-

1

6-

3

6-15

6-

1

75c

6-15

6-

1

RR.

(quar.)

.

2

(Walter M.). Ltd.
Sales

&

Lux

5-16

Lykens Valley RR. & CoeJ (s-a)
Lynch Corp," (quar.)
————
Lynch Carrier Systems (quar.)
—

6-15
6-

4

5-16

6-30

5-31

Lyon

6-

1

5-13

28 V»C

7-

1

6-10

5%
5%

27'Ac

6-

1

4-22

8-

1

7-22

W5-15

5-31

Macassa

(from
16c

6-15

5-31

Inc.,

1st

Macwhyte

(quar.)

1

5-31

1

5-20

7-

1

6-15

15c

6-10,

5-25

7'/2c

6-16

5-

15c

6-10

5-31

9-12

8-31

8-

11-

12'/2c

1
1

6-15

2

7-15
10-14
6-

1

t3c

Ltd

Products

Structural

6-

40c

62 %c

Steel

(quar.)
Co.,

5-10

6-

5-16

t$1.25

1

6-15

5-31

25c

Co.

(quar.)—

6-15

25c

Ltd.—

preferred (quar.)

Co.

6-

6-10

o»Ar

(quar.).

(quar.i
Madsen Red Lake Gold Mines, Ltd.

Magnavox

1

6-10

40c

25 c

com.

Lytton & Co.

Sports

—

—

(quar.)

Mines,

Mackinnon

40c,

—

(quar.)

Products,

(H. C.)

MacGregor
«%

(quar.)

preferred (quar.)
preferred (quar.)

Lytton's

6-17
6-15
6-

15c

Mfg. Co.

Metal

1

7-15
6-15

17'/2c

5-25

50c

7-

65c

6-15

Clock

6-17

t25c

6-

1

5-

6-30

$1.06

(quar.)——

Co.
(quar.)—

Lunkenheimer

1

6-13

30c

Luminatov-Harrison
Co.

3

$1.25

(quar.)

(increased-quar.)

Mfg.

6-

Sons—

5-20

15c

K-2

5-20

6-

25c

(interim)—.

6-1.0

75c

income)

Co.,

1

60c

Funds—
Bond Fund series
investment income)

5-23

5-20

6-15

$1.75

preferred (quar.)
2nd preferred (quar.)

6-

6-

J20c

(initial-quar.)

6-15

1

6-13

38c

preferred A (quar.)

Lowney
Ludlow

30c

(quar.)_

7-

25c

(quar.)

&

6-

$1.18%

quar.)
prior preferred

6-14

$1.18%

6-20

ZZ

6-20

6-30

$1.75

(Mo.)

Co.

Land & Exploration

Lowenstein

"l5c

;

6-20
5-20

35c

(quar.)
preferred (quar.)

Louisville

6-15

five

(interim)

7-

6-16

Louisiana

1

split)

(quar.)

6-30
1

t75c

2nd

preferred

Los Angeles

7-

25c

(quar.)

5-21

Hotel—

Baltimore

7%

50c

(quar.)__-

4

5-31

Ltd.—

Corp. (Md.)—
common
(accum.)

A

50c

each

4

5-

Long-Bell Lumber

200%

for

Corp.,

common

convertible

1

5-

5-16

25c

Investment

7-

1

6-1

6-11

$1

(quar.)
(final)

7-

87 %c

6-5

$1

Corp.

$1.06'A

30c

ZZZZ

$1"

6-1

'V: 6-

'60c

(quar.)

Corp.

Canadian

preferred

London

$1.25

—

•

(quar.)

$1.12%

Z

17'Ac

Mines,

$3

Inc.

30c

(quar.)

(quar.)

(monthly)

com.

(monthly)

Aircraft

Lone Star Gas Co.,

RR.—

preferred

Co.,

11'AC

preferred (quar.)

6-

$37 '/2C

(quar.)

t37'/2C

Corp.,

Pipe

Common
8%

Ltd., class A

(quar.)

Joint

95c

common

a

Lock

B

Finance

Lockheed

$1.12%

3-10

'

Class

(quar.)

Growth

8-31

9-12

(quar.)

Industries—

investment

5-31

6-13

(quar.)

(quar.)

net

10-10

guaranteed

Investment

(from

1

6-13

9-12

guaranteed

common

Custodian

11-

guaranteed

and

com.

t

Special

(initial

new
A

7-

37'/2c

—

62'AC

to effect

convertible

1

37'/2c

(quar.)

guaranteed

Common

Kerr-McGee

1

8-

60c

(quar.)

6-30

5-18

$1.10

Original
10-10

6-10

6-

60c

(quar.)

common

(quar.)
original

RR.,
(quar.)

1

1

6-10

6-15

(Fort Wayne, Ind.)

(quar.)

preferred

1

7-

75c

„——

Miami

7-

5-11

40c

quar.)

(initial

(quar.)
(quar.)

Original

11-

1

Special

quar.)

Co.

-

Co.

3

6-

3

(quar.)
(one share

Gold

(quar.)

Stores, Inc.

6-

5-11

$1

3

(quar.)
(quar.)

Land

Corp.,

preferred
preferred

3%%

1

50c

Service

(quar.)
Carbonic Corp.,

Little

5-20

6-

6-

(quar.)

County

5-25

6-10

6-

Organization

Kerr-Addison

15c

(quar.)

Light,

Kentucky Utilities,
4%%
preferred

6-11

6-25

1

5-27

common

dividend

Liquid

7-

50c

Common

5-31

5-27

25c

1

(initial)

preferred
Inc.

6-15

6-10

5-11

1

3'/2% preferred (quar.)
Kelsey-Hayes Wheel (quar.)

Stock

7-

Oil

5-11

1

7

Co., common (quar.)
3V2% preferred (quar.)
3%% preferred (quar.)—,

Co.,

:'V

Quarterly
Quarterly

Lion

1

6-

6-10

6-

Kellogg

Kendall

6-15

7-25

6-

75c

$1.75

6-30

6-

6-15

7-

preferred
(quar.)
4'/2% preferredd (quar.)
5%
preferred
(quar.)
Katz Drug Co. (quar.)__
Kawneer
Co.
(stock
dividend)
common

(quar.)

Lincoln Nat'l Life Insur.

1

1

15c

(quar.)_

common

6-15

Link-Belt

7-

40c

6-30

Lincoln

2

5-16

7-

4'A%

New

preferred

5-19

6

6-

$1.31'A

Co. of Tenn

(Eli) & Co. (quar.)
Lily-Tulip Cup, new common

$1.50

5-

6-15

—.

Lilly

5-27

1

6-15

$2

(Greenville 8. C.)

5-25

5-25

5-16

6-

40c

6-15

1

1

40c

Inc

Myers Tobacco,

6-10

6-

(quar.)

5-20

Lincoln

6-10

5-20

50c

Gulf

&

7%

6-19

1

3

7'/2C

Casualty Insurance
Corp. (quar.)
&

1

7-

(quar.)

Savers

Liggett

76-

50c

(quar.)
(quar.)

preferred
preferred

&

6-17

25c

62'/2c

(quar.)

6-10

Chemical-

&

5-15

50c

6-10

6

2

1 ;

50c

50c

6-20

1

5-

6-

$1.25

(quar.)

common

common

(increased

Power

1

Life

8-

6-

1

(quar.)

Co.

Sons,

preferred A,

Kansas

Life

5c

preferred (quar.)
preferred (quar.)

Kansas

5-10

per

3.80%
4%

5-13

6-10

3-16

6-

12 %C

(quar.)

Refineries,

Salt

20c

(quar.)
5'/2%
preferred (quar.)
Kalamazoo Vegetable Parchment Co.
Kansas City Power & Light—

4.20%

1
1

6-

1

6-

6-15

25c

Ltd,

(quar.)

Quarterly

6-

6-

1

2-4

5c

Portland Cement

20c

6-15

11- 5

$20c

preferred (entire issue called
this dividend)
common (quar.)
preferred (quar.)

Leonard

6-

5

11-15

25C

(quar.)

G.)

(R.

D.)

Lehigh

1

8-

2-15-56

Co.,

(H.

7-

1

8-15

25c

plus

&

7-

7-

5-18

1

Lear, Inc., 5%

$1.10

7-

6-

25c

(quar.)
;

10-17

6-15

7-14

10c

(quar.)

>

25c

Quarterly
Quarterly

11- 1

1

5-27

7-15

5%

Machine

;

11- 1

1

37c

preferred

Keystone
5-25

<M.

6-10

j5c

(quar.)

Bryant, Inc.

5-16

5-31

10c

cur¬

11-15

$15c

Sessions

&

Special

Steel,

Aluminum

Common

$3

(fiom net income)

(payment out of

accumulated

$115

preferred (quar.)

5%
Kaiser

Keystone
rent

at

5-18

20c

(quar.)

j

6-

12-31

35c

(quar.)

(quar.)
Machine (quar.)

Laughlin

(E.)

4'/2%
$30c

B

Lamson

& Co. (quar.)
Secord Candy

(entire issue to
3

Royalty

6

to

June

this dividend)-,
Refining (quar.)

Lamson

&

New

(Name changed

8-15
11-15

Lane

1

93 %c

plus

Manufacturing

Joy

5-19

57'/2C

v

Telephone, 5.60% pfd. A (quar.)_
preferred series B (quar.)
__3
5%% preferred series C (quar.)
3333
Imperial Chemical Industries ord. shs. (final)
Amer. dep. receipts (final)
Imperial Oil, Ltd. (s-a)

9-30
12-31

75c

common

on

Kennametal,

6%

Incorporated Investors

Johnson,

preferred series C

8-15

$15c

Laura

7-

50c

ZZ

9-30

*15c

tl5c

$1.50

Z

5—14:

5-14

(quar.)

Lang

7-

40c

(quar.)
Corp.
(quar.)

4-29

6-30

(quar.)
(quar,)

7-18

7-

$1.25

(quar.)

A

(quar.)

common

preferred series A

4%%
6-13

u

53%c

31'Ac

$1.37%

(quar,)_
of N. Y

1

6-30
;

B

7-18

1

50%

redeemed

&

Jones

Illinois

Income Fund of Boston

&

2nd

Jones

6-

$1.25

-

common

Imperial Varnish & Color

Co.,

Oil

30c

preferred

6-

1

A

6-30

Sulphur

Ranch

„

4-23

1

8-

$1.25

preferred

Johnson

$1.25

(s-a)

Breaker,

Jewel

Johnson

6-30

6-31
8-

,$1,25

.

10-21

$15c

I

50c

dividend

6-20

$1.25

5%
preferred (quar.)
33
Hydro-Electric Securities Corp.—
Circuit

Stock

5-10

50c

Sash A Door(quar.)
preferred (quar.)
preferred (quar.)

Preferred

Lake

7-15

135c

(quar.)

Common

I-T-E

5%

Inc.,

Insurance Co.

Jersey

$12 %c

(quar.)

preferred

1

Hutting

5%

1st

1

12'/2c

'

(quar.)

Huron & Erie Mortgage Corp.

5%

5%

7-

7-19

10-31

Class

5-31

6-30

30c

ZZZZZ
Z~I

5-16

7-29

Class

50c

"I"

.

1

7-15

Class

15C

common

A (quar.)
preferred B (quar.)
$5.50 preferred C (quar.)
Jamestown Telephone (N. Y.)—

6-30

7-15

(quar.)

44c

~

preferred

6-

—

(quar.)
B (quar.)

Supply,

5%

8-

10c

3"
3333"
preferred
3
5.70% preferred C (quar.)
3~333~
$1.41
2nd
preferred
(quar.)
33
3
Hugouon Production Co
3
Humble Oil
Refining Co. (quar.)_33
3
Hunt Foods, Inc., common
(quar.)
33.733
Pulp

5%

Water

$1.25

6-30

A

Liberty Life Insurance Co.

share

6-30

-Class

5-13

convertible

s-ie

6-

$8C

1

Fireman

5- a

*15c

6-

$1.76

1

1

29c

(quar.)

A

35%C

Iron

66-

35c

(quar.)__.

5-13

be

6-30

B

1

Johnson

7-15

.•

Class

-

6-28

29c

(quar.)
Gold Mines, Ltd
(Alfred), Inc., ciass

Lambert

6-10

$1.25

preferred

Lamaque

6-17
6-1

6-24

;

27'/2c

preferred

-$1.16

1

$$1.75

(initial)

6-

5-18

$$1

preferred

quarJZ

1

Ltd.—

30C

5-18

7-15

Woods

5-10

6-

7-15

12-28

5-10

6-10

$1

1-10-56

1

30c

30c

9-28

10c

1

5-16

93 %c

10-10

1

6-29

6-17

7-11

6-

6-10

1

6-14

10c

6-

5-31

7-

7-

10c

6-

30c

$1.12 Va

50c

(quar.)*.

$1.05

Johns-Manville

2

(s-a)

common

University

93%C

Jefferson

6-30

3

97%C

Jantzen,

6-10

6-

10c

the

$1.08%

(quar.)
(increased

com.

preferred (quar.)
preferred
(quar.)
~~~
preferred (quar.)
Z ZZZZZZZZZZZ
Iowa Southern Utilities, common
(quar.)
4%%
preferred (par.)
~~

1

40c

6-14

3.75%

1

15c

_

1

1

20c

(quar.)
Superior & Ishpeming RR. (quar.)
Lakeside Laboratories, $1.16 pfd.
(quar.)

3

6-15

6-

& Co.

Industries,

common

5%

5-16

7-

6-

6-20

Lake

5-25
6-

6-10

'

■

Extension

of

New

7-14

6-17

7-15

15c

5%

(quar.)

Milling Co.,
7%
preferred
(quar.)
Lake Superior District Power—

3

1

6-15

1

Electric

France

Lake

5-12

5-31

1

8-

3.90%

6-

37 y2

333.333
CoZ~Ltd

5-12

6-

7-

$1.75

4.20%

6-

$1.06'A

(quar.)

1

.

5-10

$1.50

(quar.)

Lexington Union Station, 4% pfd. (s-a)
Libby, NcNeill & Libby, common (quar.)
5lA % preferred (quar.)
Llbbey-Owens-Ford Glass (quar.)

6-15

6-17

(quar.)

6-

1

12-22

1

5-10

6-15

5-25

(quar.)

5.12%

preferred

20c

6-10

Quarterly
Hudson

4.35%

12'Ac

6-30

common

5-16

8-

9-22

12-30
6-

dividend-^.

Salle

82'Ac

Z__

(quar.)

Jamaica

15c

(quar.)

1

35c

Jaeger Machine Co: (quar.)

50c

.

6-

45c

(quar.)

common

6-24

30 c

._

5-12

6-

9-30

$1.12%

(quar.)

preferred
preferred

Land is

(quar.)

com.

5-31

(quar.)—"333333
33

(quar.)..

(quar.)

8

6-15

ZZZZZ

7-10

33333333

Power

(Texas)

Hoving Corp.

33. 33

(quar.)

6-

1

$1.12%
$1.12%

Quarterly
Quarterly

60c

6-25

$1.10

3%%

5-23

7-15

(quar.)

t45c

56'Ac

Household

6-13

175c

(quar.)

preferred

Iowa Public Service,

5%

preferred

La
La

250

5-20

Corp.—~

Houdaille-Hershey

Light,

25c

z.

pfd. (quar )_"
Horner (Frank W.), Ltd., class A (quar.)—'"
Hoskins Mfg. Co
"
Horn & Hardart

&

$1.06'/4

3333!
33333-33333~

2

5-23

1

6-23

6-30

45c

Kuppenheimer (B.)

5-24
6-

6-13

7-

(quar.)

Creamery (Calif.)—
Common
(interim)

6-20

6-

Co.

&

Knudsen

6-15

6-16

37 %C

5-2Q

25c

(quar.)

6-30

25c

com.

5-19

Mfg. Co.—

Stock

6-15

6-15.

(quar.)

preferred

3%%

33

'

6-30

37%c

1

6-

50c

3333"

5

Island—

6-1

25c

(quar.)

7%

16c

Rhode

$1.25

$1.18%

33

_3~_3
3—3_

(s-a)

6%

5-

H.)

Lamston

preferred
(quar.)_
Mfg. (quar.)
Irving Trust Co. (N. Y.) (ouar.)
Jack & Heinz, Inc., 4%
pfd. (quar.)

1

15c

Ltd

6-15

from

derived

50c

Mines

(quar.)

class A

Power

6-15

12'Ac

3

7-15

1

(initial quar.)

,Stock dividend

preferred

8-15

6-14

(increased quar.)

preferred

preferred

50c

6-

of

Iowa

6-24

3~~

Kroger

7-15

interest)

Co.

5-25

6-15

$1.09%

income

(quar.)
Iowa-Illinois Gas & Electric,

6-

60c

33

5-25

6-

A

class

preferred (quar.)
preferred (quar.)
preferred (quar.)
Co., com. (quar.)

from

(quarterly

5-16

6-15

Electrochemical—

$4.25

5%

3

4.30%

30c

and

Trust

4.80%

t6c

Guaranty
Oil Corp

Hoover Co.,

Howe

6-20

5-13

(quar.)

Gold

Title

Common

4%

6-17

2

5-16

3_33_33333_333333333
Homasote Co.. common (quar.)
"33
5%
preferred
(quar.)
33"
Homestake Mining Co. (quar.)
333
Hooker

1

7-

5-20

Quarterly
Hoiiy oil co

Honolulu

7-

$25c
5c

Inc.

6

3

5-20

6-10

(51c from capi¬
of 23c from in¬

preferred (quar.)
Participating
$2.50 preferred (quar.)
Participating
Iowa Electric, Light & Power,

91'Ac

1

1

(quar.)

Mutual,

6-

6-

5-13

4%%

Scrvice&Z.

investment

6-

1

(Charles E.) Co. (quar.)
Hobart Mfg. Co. (quar.)
;

Home

5-18

6-10

(quar.)

Consolidated

V

6-

(quar.)

Paper
Lumber

net

6-15

31c

Hires

Hollinger

6-15

50c ;

75c

33 33~
333333 33
(Canada)
(quar.TIZ

(quar.)

" 5C

1

(qtrar.)_IZ

Co.

&

com.

preferred

.

6-

ZZ"

Bartlett

Investors

2

i2y2c

(quar.)

common

Higbie Mfg. Co., 5% preferred
Higglns,
Inc.
(initial)
4%%

3

(quar.)

(quar.)

Spencer

Hotels

33

333
(quar.)_3333333Z

preferred

preferred B

3

53 y8c

333

(quar.)

Heywood-Wakefield Co.,

6-li

50c

(quar.)

Hewitt-Robins, Inc.
(quar.)
Heyien Chemical Corp., common
3%%

30c

35c

Brewing (quar.)
Heinz (H. j.), 3.65%
preferred (quar.)
Hendershot Paper, Ltd. (quar.)
Hercules Steel Products, common
(quar.)_3

4(4%

6-

dividend

«.

(G.i

5-14

—

Quarterly
Hazel-Atlas

1

6

6-27

$1.25

(quar.)

5-16

4%%

64'AO

$2.50

Hastings

6-

6-

1

6-21

74C

"(quar.)

3.90%

preferred

6-27

9

5-19

%ri t40e

year-end

a

Diversified

;

6-

1

ny2c

come)

Investors

40c

5%

(quar.)

common

5-14

6-

(S.

6-10

20c

(qUar.)ZZZZZZ

6

Co.,

6-15

75c

4%%

r

Boston

6-

10c

(s-a)

40c

5-20

Ltd.

(increased)
convertible
preferred

1

6-15 4

7-

...

35c

Foundation,

3

7-

20%

5-25

6-15

120c

(quar.)

6-17
6-

dividend

Kroehler

■

Corp.

1
1

5-31

6-15

350

7-

77-

6-30

1

7-

$1

Building Credits, Ltd
Engineering (quar.)
Interstate Power Co., com. (quar.) ZZ~ZZ~ZZ~
4.36% preferred (quar.)
_Z

5-16

50c

6-10

Kress

35c

-

6-15
6-19

1

20c

convertible

6-15

40c

(quar™

preferred

1
1

6-

55c

5c

common

77-

20c

30c

t30c
■

25c

l'Ac

$1

(quar.;_

5-13

(I. B.) Rubber (quar.)
Koehring Co.
(quar.)
Kresge (S. S.) Co. (quar.)

75c

(increased)

v

4

(quar.)

R.)

prior

6-

45c

(quar.)

Kleinert

1

160c

Interstate

6

$5

1

6-30

l$1.12'/2

Interprovincial

50c

pfd.

5%

12-30

50c

(quar.)

Co.

Products

Kuhlman

pfd."(s-a)"

Co

convertible

Hartman Tobacco, $4 prior preferred

Light,

6-

1

140c

(quar.)

common

Textbook

6-13

$1.37 Va

33

5-

Ltd.—

$1.37 Va

3_3

7-

$1.75;

J15C

_

1

t55c

$1.06 'A

33
3

(quar.)

(quar.)I

Co.

IOC

$1.50 k,

preferred (quar.)
preferred
(quar.)
Harris-Seybold Corp
Electric

;

$1.25

(quar.)

5'/a %

Hilton

$2.50

(quar.)

Press

(G.

50c

(quar.)_

(Canada), 6%

Paper Co.,
preferred (quar.)

50C

5% %

5%

6-30

Kish Industries—

$1

Quarterly

50c

2nd

6-

International Nickel Co. of Canada, Ltd.

5-23

3

3
(quar.)ZZZZZ

Kingston

45c

I

1

__

Harding Carpets, Ltd.
Harnischfeger Corp., com.

5-31

—

dividend

25c

(quar.)

1

.

(quar.)

6-10

112c

.

15c

33s

Stock

$1.50

(quar.)_

(quar.)

7-

3 3333.
stock)^ 3

com.

5-13

t20c

(quar.)

com.

6-10

com

Refractories,

Chemical

Co.,

7-

25C

15c

3

1

&

preferred

6%

(quar.)

Products

(quar.)
International Metal Industries,

8-15

50c

(N. Y.),

6-

4%

Kingsport

s<

preferred

30c

>

(M. A.), class A common (quar.)
Class
B
common
(quar.)
$4.25
preferred
(quar.)

Hartford

Harvester

International

t$1.25

_

Preferred

3

'

Hanna

Harshaw

Machines

$1.12 y2

.

5-

split.

6-10

t5c

3

(quar.)

(quar.)
Stock div. (Payable in class A

preferred

reversed

5-13

2

1

1

shares

i

5-

6-

6-

invest¬

new

1

50c

Oil, class A (quar.)

Harbison-Walker

l-for-10

the

6-10

60c

the

$1.06 V*

Class B

net

from

1

(quar.).

Handy & Harman

16c

is on

7-

1

'

Hancock

and

payment

(Walter)

Stock

income)

J20c

(quar.).

Organ

profits

Kimberly-Clark
(quar.)
Kings County Lighting, common

5-27

se¬

from

(44c

Fund

6-

50C

(quar.)__3_3333

preferred

Insurance

above

Kidde

6-11

40c

,,-V 7-

6-

$22 v2c

(quar.)

net

from

City Baking, Ltd. (quar.)
Inter-Ocean Telegraph (quar.)
Interior Breweries, Ltd., class B (s-a)

I"
3

_

3

Co., common

21c

J25c

_

(quar.)

(quar.)

Watch

Hammond

The

9-20
5-10

6-

Kinney

Inter

_

Well

preferred

4'A%

ment

5-19

"

(quar.)

common

Hallnor Mines, Ltd. (interim)
Hamilton Cotton, Ltd., common
Hamilton

curities

5-19

6-15

Lia.

(quar7)_Z

Co.

iquar.)

Halliburton

5-19

6-15

$1.11

Canada

6-15

$60c

Brass,

Class

35c

I
of

Institutional

1

1

10-

(19c from net

profits)

$1.10

(quar.)
Alabastlne

&

and

""

■

...

income

Investment

curities

5% preferred
(s-a)
Keystone Steel & Wire (quar.)

25c

(quar.)

Institutional Foundation Fund

6

6-20

1

16c

preferred (accum.)
Ingersoll-Rand Co., com. (quar.)

$1.05

I~

II

(quar.)

_

Hackensack

-

Payable of Reo.

$2.50

(»-»)

Keystone Pipe & Supply Co., 5% pfd.

10-10

7-

75c

Corp.

$1.25

4.64%

1

$1.25

2
3
~

pfd. (quar.)
Utilities, com. (quar.)
preferred (quar.)

6%

8

Holders

When

Per

Share

Name of Company

50c

Industrial Silica, 6%%

5-27

6-

50c

$4.20

Hecla

10-20

20c

(quar.)

(quar.)

6-13

Gulf States

Gypsum Lame

Rayon

$1.20

com.

(quar.;

Co.,

6

■

$1.20
$1.20

4.80%

30c

#5 preferred

Gulf Power

7

ZZ

75c

50c

44c

(quar.)

(quar.)

Harris

7-

7-20

10c

(quar.)—

Water

Gulf Interstate Gas, com.
6%
preferred
(quar.)

5%

Holder»

Payable of Rec.

10c

Telephone, common

Common

class A (quar.)__

Gulf Cities Gas,

6%

Share

57

-

Grumman Aircratt Engineering Corp.

4%

l

6-20

-

preferred (quar.)
4.80%
preferred (quar.)
Indianapolis Water class A

Guilford-Chester

5%

6-

75c

When

Per
•

Payable of Reo.

20C

Corp.

Grocery Store Products (quar.).

Hahn

Holder$

When

Share

(2513)

(s-a)

6-

3

5-13

t5c

6-20

5-20

STAC

6-15

5-25

58

(2514)

The Commercial and Financial Chronicle

Per

Name of

Magor
Mahon

Company

Corp.

Car

(R.

Co.

C.)

When

Share

(quar.)_.

___

..

6-30

.

25C

(quar.)

Holdert

6-15

6-10

5-31

Mailman Corp., Ltd.—

Public

for

two

each

changed

held.

shares

Par

Market

(quar.)

Basket

—

(California)

6-

1

5.11

30c

6-10

5-20

125c

5-31

5-20

32'Ac

6-15

5-31

30C

5-31

5-

7-

Wells

Marshall

Stock

Electric

Mathews

Co.

Co.

—

(quar.)

Matson Navigation Co.
Maxson (W. L.) Corp.,

(increased).:
new

1

__

(quar.)
——

Ltd.,

pfd. (s-a)
McColl-Frontenac Oil, Ltd., com.
Corp.,

common

preferred

Mclntyre

(quar.)

New

National

Biscuit,

6-10

5-25

National

Casket

6-10

5-27

National

6-

3

National

Co.

&

&

(quar.)____

(s-a)

Corp.,

_

Assurance

Corp,

Thermit,

(quar.)

—

(N.

Y.)

Miami

Copper

5-

6

ville)

5-

6

National

6-15

2c

7-

1

6-15

7-

1

6-15

6-15

5-27

10c

__

(quar.)

(quar.)_

(quar.)

Surety

States

3

(Sioux

5-20

National

Rubber

National

Securities

3

The

3

1

7-

1

1

3

Steel Products,
preferred
(quar.)

dividend

Midwest

7-

1

6-

3

National

1

5-20

National

Tank

Oil

shares

6-

8

National

6-

8

National

U.

6-30

6-17

Natomas

7-15

Natural

5-19

Neisner

5-28

6-16

1

6-

pfd.

5-16

5-18

5-31

5-18

25c

6-15

6-

1

New

7-

6-10

7-

1

6-10

50C

1

6-10

35c

(quar.)__

7-

6-13

5-23

6-15

(monthly)
Mining Corp. of Canada, Ltd. (interim)
Minneapolis Brewing Co.——
Minneapolis Gas, 5% pfd. (quar.)

5-31

(Initial)

Light,

com.

(quar.)

1

5-20

6-

1

5-20

June

prior

Class

8)—

—

Pipe Line,

com.

Mississippi Valley Gas
Missouri

Power

(increased)
—

$1

6-12

5-20

30c

6-

1

5-12

7-

1

6-15

(stock

div.)

—

—

—

Utilities,
common
(increased)
5%
preferred (quar.)
Mitchell (J. S.). Ltd.
(quar.)
Mobile & Birmingham RR. Co.—

A

com.

preferred

common

(s-a)_._

(quar.)
(quar.)
(quar.)

7%

75c

preferred

(J.

Co.

(H.)

4% %

Co.,

preferred

1

6-16

25%

6-

3

5-20

97'Ac

prior

7-

5-13

Co.

RR.,

Co.

6-

1

5-13

6%

6-30

6-15

Pacific

1

6-15

'

6-

1

6-

1

5-18

Norfolk

34c

6-

1

5-14

Norfolk

6-

1

5-14

Normetal

6-15

5-31

6-15

5-31

R.

6-14

6-

6-

5-16

Paramount

6-30

6-

7-21

3

6-15

6-

5-15

7-

6-20

7-1

7-

1
1

6-3

1

7-1

6-3

7-1

R-

6-10

5-31

7-

9
1

6-

1

5-10

6-

1

5-10

55c

6-

1

5-20

7-

1

6-15

1

8-10

North

Shore

6-

1

North

Star

6-

3

t25c

7-

2

6-

3

t$1.75
-

7-

2

6-

3

+1.75

7-

2

6-

3

(quar.)

6-

1

37'Ac

(quar.)

6-15

$2.50

6-10

(quar.)
common

(quar.)

(quar.)

Morris

Paper Mills, common
43A%
preferred (quar.)




(quar.)

—

7183Ac

6-

1

7S1.19

.

6-

1

30c

62'Ac
50c

59%c

5-14
6-

1

Stock

Northeast

Northeastern
Northern
Northern

5-23

5'A %

Railway

Quebec

Power

5-20
6-

9

Northern

5%

1st

Telephone

States

preferred

Fower

(quar.)

30c

6-15.

(entire

Issue

June

at

15

Cement

new

for

:_—

(initial

com.

common

quar.)

preferred

—,—

6-15

5-24

6-15

5-20

2%

6-15

5-20

'A,C

6- 1

5-20

6-

—

25c
834c

iquar.)

4.63%

1

5-20

7-1

6-3

——

(quar.)

(J.

C.)

Co.

57

(quar.)

65c

Corp.—

Semi-anrtual pymt. of 25c from accum. net
realized
gain on invest,
and 25c from
undistributed net income)

Pennsylvania
4.50%

50c

6-13

5-19

F

(quar.)

$1.12'A

6-

I

5-10

Electric

preferred

Co.—

5-10

5-10

B

(quar.)

$1 10

6-1

5-10

Pennsylvania Engineering Corp

25c

6-15

6-

1

Pennsylvania Exchange Bank (N. Y.) <s-a>_
Pennsylvania Power. 4.24%
pfd.
(quar.)
Pennsylvania
RR.
(quar.)
Pennsylvania Salt Mfg. Co. (quar.)

40c

6-17

6-

6

6-

I

5-1S

25c

6-13

5-11

40c

6-15

5-31

7-

5-31

6-30

6-10

6-30

6-10

6-30

6-10

6-30

6-10

6-15

6-

1

6-15

6-

1

6-

5-16

$1

1

6-15

5-13

6-15

6-

6-10

5-12

6-29

6-

3

37'Ac

6-15

6-

1

6-10

5-18

1

6-20

5-31

30c

7-15

6-27

6-

1

4-18

35c

6-10

5-19

6-

5-13

1

^

Pennsylvania
Common

$5

6-

1

7-

1

6-20

$1

6-

1

5-16

7-15

6-30

6-25

6-

7-

6-22

Water

&

quar.)

50c

$1.37'A

1

(quar.)—
preferred
(quar.)_

(quar.)

32'Ac

(quar.)

75c

7-26

7-

t69c

6-15

5-25

7-

1

6-17
5

Circle

7%

Corp.

preferred
Co.

Milk

—

:

$1.25

6-

1

5-20

2

6-15

6-

6

6-

1

5-23

25c

6-

1

$1

Co.,

common

Inc.

6

5-20
5-26

5-26

40c

Gas

Co.

7-

1

7-

6-13

class

1

6-13

6-10

5-13

20c

(quar.)

Co

6-

2

5-12

Trading,

50c
A

linterim)

(quar.)

Year-end

Pfizer

(Charles) & Co., common
3%% preferred (quar.)

preferred

Phelps Dodge Corp.

Dairy

Products
Electric

«l.-t>reference

Philadelphia, Germantown
Quarterly

5-20

6-

5-20

1

3

Norristown

8

6-

8

6-10

5-23

6-

1

5-13

65c

(quar.)—

6-27

5-23

6-16

45c

6-30

6- 2

25c

(quar.)
&

6-

6-30

10c

—

common

6-30

65c

(quar.)___

6-15

$1

(quar.)
Co.,

common

6-

6-1

25c

(quar.)
Co.

5-20

6-10

87'Ac

(quar.)

Manufacturing

Philadelphia

(quar.)

6-10

25c
35c
40c

Co.

2nd

1

6-10
6-10

50c

(quar.)

Hopewell

6-

5-

5-23

$1.12%

(quar.)

(quar.)

75

6-1

25c

&

Pheoll

6-

$1.12'A

(quar.)

Exploration

4%

3

7-15

$1

(ouar.)

6-

75c

(quar.)

preferred

Paul.

Pfaudler

5-31
5-31

$1.75

Extra

4'A %

1
1

7-1

15c

Permutit

Pet

77-

50c

Perfex Corp., 4'A% pfd. (quar.)
Perkins Machine & Gear Cc.—-

Phlla.

Ltd.—

$1.25

Peoples Gas Light & Coke (quar.)
Peoples Telephone (Butler, Pa.i—
Common
(quar.)
4'/2 %
preferred
(quar.)
Pepper (Dr.) (see Dr. Pepper)
Perfect

1

$1.12%

(quar.)

Petroleum

3

52'Ac

preferred

$4.50

Peoples Drug Stores

$1.06

Power—

(increased

Petersburg &

$2

(quar.)—

1

re¬

share

per

preferred

25c

(quar.)

(Wis.)

called

$25

(quar.)

Peter

(quar.)
Co.

6-

Petroleum

Co.,

preferred

6-15

4.40%

85c

Mid-Hudson

(quar.)

com.

Pacific

5'A%

of

(s-a)

Northern

Northern

(quar.)

(quar.)

4-29
5-25

6-30

Gas,

Ohio

6-22

Y.)

preferred

Northern

7-

6-10

Ry.

25c

(quar.)___—_

common

7-25

5-10

Corp.—

share

4-29

6-10
1

Central

7-28

1

Inc.—

Natural

preferred

8-15

1

85c

(quar.)___

(quar.)

$4

7-25

33c*

(quar.)

i

1

410c

Co.

(N.

preferred

Water,

8-15

6-

Corp. for each 20 shs. held)

Airlines,

convertible

6-10

8-15

6-

34%c

Uranium
(one

Natural Gas

$1

Co.

&

7-

25c

(quar.)

6-

10%

Gas

Oil

45c
32'Ac

common

5-27

£1.41

Corp.

Refractories

dividend

5-20

92^0

t$l

dividend

2

6-10

$1.17V2

5-31

7-

5-27

15c

Corp.

1

(quar.)

6-20

6-15

6-14

(quar.)

37'Ac

730c

5-20

6-10

50c

(quar.)

1

Insurance Co.

6-

50c

(quar.)

6-10

1

9-

25c

t20c

(quar.)—

preferred

Penney

6-17
5-31

dividend

Pennroad

6-23

6-30

6-

American

12'Ac

1

40c

6-

River

5-24

7-

E

75c

(quar.)

5-20

6-15

5-20

C

30c

(quar.)

1

5-31

Co.

Inc.,

Co.,

6-

1

6-15

Products

on

7-15

10c

(resumed)—

6-

45c

D

6-15

Stock

12-18

50c

preferred

6-15

North

1-3-50

2'Ac
"

preferred

15c

North

9-15

preferred

15c

5-25

6-15

3.70%

quar.)

5-17

5-26

1
3

Ltd

A

Fruit

6-15

710-

4.70%

quar.)..

5-26

5-21

4.05%

(initial

1

5-31

6-15

5-31

(initial

6-15

6-24

5-16

A

6-

1

1

6-

B

5-31

5-20

7-

6-10

40c

Investment

1

t50c

class

preferred

;■

1

6-

2'Ac

(quar.)—^

(quar.)

4.60%

6-15

class

preferred

class

Stock

6-30

7-

Cement—

American

5-31

7-

6-15

plus this dividend)Penn

3

New

6%

Controls,

demption

6-3

New

5'A %

5-27

6-15

50c

common

preferred

$1.20

6-3

7-1

6-20

North

Penn

5-27

7-

5-20

5-31

6-16

6-15

6

2

6-15

2

6-17

6-30

5-

2

5-20

7-

5-13

t$1.75

$1.32

6-

1

5-23

25c

(quar.)

1

7-

8

1

—10c

6-

50c

quar.)

5-24

6-

37'Ac

(quar.)

6-15

15c

(quar.)

6-10

25c

Transportation

Patterson-Sargent

Dock—

(quar.)

1

20c

(quar.)

——

(quar.)

6-

75c

*

(1 preferred
(quar.)
$1.30
preferred
(quar.)

7-

5-16

.

com,

5-20

75c '

1

75c

i—

5-16

6-J0

5-17

6-

20c

(quar.)

Ford,

5-16

6- 2

10c

,

(quar.)

preferred

Corp.,

Co., Ltd.
Mfg., Ltd.,

&

5-31

6-15
,,

2V2c

5%

6-10
1

1

$1

6-

$1.02'A

(increased

100% ;/'

i

(quar.)

preferred

Paton

6-30

6-

10c

(quar.)

quar.)

Patican

750c

7-

7%"

5-13
6-20

933Ac

quar.)

(interim)

Corp.

6-15

6-30

50c

iquar.)

preferred

Parmelee

Ltd.—

(quar.)

Ltd.

6-1

97'Ac

common

1

6-15

(quar.)
Pictures (quar.)

Parkersburg-Aetna

6-30

$1

.4

A

7-

31'Ac

25c

pfd.

Corp., com (increased)
preferred (annual)

6-1

90c

preferred

5-14

$2

Sheraton

4'A%

5-15

J30c

Dry

1

(quar.)

preferred

Park

1

$1.12'A

(quar.)

Car

American

5%

5-31
5-26

6-1

5-17

7-1

6-

37'Ac

4%

Mfg. Corp., common
preferred
(quar.)_:

Park Chemical Co.,

5-12

6-15
6-10

$2.50

(quar.)

Ry.,

preferred

6%

6-21

5-31

5

7-15

Paragon Electric

1

4%
Pantex

1

t$1.25

&

7- 5

6-

31'Ac

dividend)___

Airways

(Increased

5-27

6-

American

Common

6-15

50c

(increased

5-16

7-25

25c

Pipe Line—

Telephone,

(quar.).

Western

World

Eastern

Penn-Dixie

Co.,

5-16

1

—30c

Consolidated Corp.:
Machinery
(quar.)
Hersey Tubes, Ltd. (quar.)

1

$1.50

Power

1

6-

$1

Tin

Peninsular

(quar.)

5-16

6-

iquar.)

(stock

Corp.,

6-7

(quar.)

6-10

Package

6-14

$1.12'A

com.

40c
90c

$1.10

$1.25

25c

(quar.)

(quar.)
—

40c

(s-a)

5-20
6-15

(increased!

Metal

(quar.)
Ry.
(quar.)

Norris-Thermador

6-

Oil

7-

50c

R.

1

1

*

1

6-10

Western

5-24

2

30c

Co.

American

0-1

6-

(quar.)

Insurance

Peninsular

;

&

4%

Mining,

5-31

7-

North

Lumber

■wpage

6-10

7-

(qua*r.)_^

6-7

(quar.)

Southern
&

Fire

Pan

7-

1

Pacific

'Pacific
10c

20c
25c

(quar.)__—$1.12'A

conv.

7-1

Mines, Ltd.

$1.07'A

of

de¬

comracn

Pacific

59c

Chemical,

be

(initial quar.)—_—
pfd. ($25 par) (initial quar.)
Finance
Corp.
(quar.)_
;

Pacific

Gas—

1949

Niles-Bement-Pond Co.
Nopco

Union

will

Investors, Inc.—

preferred

Coast,

$1

(quar.)

Niagara Share Corp.

Noranda

prior

(quar.)

Arch

preferred

6-15

6-15

Pacific-American

5-31

933Ac

&

Shipbuilding

preferred

5-25

6-6

the

(quar.)

Paper Co., com.
preferred (quar.)

$5

5-13

6-

Glass

Peerless Cement Corp.

(quar.)

(quar.)________

preferred

1

on

shareholders

pfd.

common

Penick

;

common

common

4.10%

5-2

6-1G

approximately

(quar.)

Oxford

1

$2.50

series

3.60%

6-13

'

15c

20c

Ltd.

preferred

7-15

$1.07'A
$1.07'/a

96'A

—

(quar.)

Morgan Engineering Co.,
$2.50

5-31

7-

$1.25

Lines

Morgan

&

6-16

Power,

preferred

6-15

Bridge Co., Ltd
Mohawk Power, common (quar.)
3.40% preferred (quar.)

15c

(quar )

Morgan

&

5-31

RR.

Light

Lower

6-30

6-1

(quar.)_____

6-10

Quarterly

Niagara
Niagara

to

7.05%

20c

(Ohio),
(quar.)

News

7-15

(s-a)__—————

Inc.

1

—

(quar.)

preferred

30c

(quar.)—

Moore-McCormack
P.)

6-17
6-15

1

6-16

3%c

Moore-Handley Hardware—
5%

6-27

Building

6-30

(quar.)

J.)

shillings

shares.

of

$2

(quar.)
preferred
(quar.)—

Newport

7-

11-25

6-

25c

Common

62'Ac

(quar.)

B

(J.

Newfoundland

25c

CorD., Ltd., common (quar.)—
redeemable preferred (quar.)
preferred A (quar.)—
preferred

Newberry

5-30

t$3

preierred (quar.)__,
Owens-Corning Fibeiglas Corp.

5-26

12-15

$1.01'A

Telephone

preferred

62'Ac

—

—

7%

6%

20

equal

(quar.)

(quar.)

Electric

preferred

6-15

$2.79

non-resident

B'Gosh,

Tail

$3.60

v 5-16

725c

Ltd.,

Machine
Tool
(quar.)
Monarch
Mills
(ouar.)_—
Monsanto Chemical Co., com.
(quar.)—.
$3.85 pref. series C

4%

8

6-15

10c

(quar.)

(s-ai

State

preferred

preferred

North

Mills

Monterey Oil Co.

Co.

Co.

Harlem

preferred

5-11

,5-20

$15c

of

rate

5-11

1

6-10

$5c

$4.40

$2

Monarch

Moore

&

York

33A%

33A%
6-

5-20

6-10

50c

(quar.)

Central

Newport Electric,
18c

6-1

731'Ac

(quar.).—

Carpet

Mojud Co.,

—

(s-a)—

Containers,

Class

New

$1.25

Missouri

Mohawk

10%

5%

$1.25

____—

Light, 3.90% pfd. (quar.)
4.30% preferred (quar.)—;
Missouri Public Service, new com.
(initial)
4.30%
preferred (quar.)

Modern

Auction

York

1

6-

20c

(s-a)

Oswego Falls Corp., 4'A %

$5

(quar.)

Brake

3.90%

&

preferred

York

Newark

5-20

Oshkosh

5-27

5c

(quar.)___

New

1

30c

(increased)———
Missouri-Kansas-Texas RR.—
(accum.)

Zinc

Air

6-

$1.15

B

preferred

preferred

Jersey

6-10
6-12

Orpheum

2

30c

—;

York

35c

pref.

Mississippi Glass, new common (initial)
Mississippi Power, $4.60 pfd. (quar.)—
Mississippi Valley Gas (stock dividend)
Missouri-Kansas

New

6-

$1.12'A

ducted.

9-2

12-

10c

(quar.)

—

4.05%

the

5% preferred

England Telephone & Telegraph
New Jersey Power & Light. 4% pfd.

4'A%

dividend)

to

Machine

England Insurance

5-20

(entire issue called for
redemption on June
8 at $31.50
per share plus this

(Convertible

ISxtra

6-10

40c

1

Pipe Line—

York

$1.25

—

——

conv.

quar.)

.

York, Chicago & St. Louis

6-

10-

-

preferred

Britain

35c

—

5%
preferred (quar.)
Minute. Maid Corp. $1.60

Natural Gas

$4.50

Minneapolis & St. Louis Ry. (quar.)
Minnesota Mintng &
Mfg., com. (quar.)
$4 preferred (quar.)
———
&

(quar

New

$1.37'A

Power

Co.

1

5-20

$1.27'A

Minnesota

Mur

New

Minneapolis-Honeywell Regulator—
common

New

Africa

at

$1.12'A

(filial)

American

on

South
;u£tax

Otter

5c

3

6-

6-3

$2.79

3

20c

6-

1

7-2

Ry.

shares

22'Ac

(quar.)

6-30
6-15

5-18

20c

(quar.)

New

6-

1

30c

5-31

20c

6-

6-

Inc.—

6-15

$1.25

5-27

6-20

40c

750c

——

6-10

ordinary

(quar.)

iquar.)

Quebec

Copper Co.
Affinal dividend

75c

7c

..

6-15

&

O'okiep

50c

(initial

Paper

New

Miles Laboratories

7- 1

preferred

preferred

'

are

(quar.)

New

1

75c

(quar,)———
—37'Ac
Nevada Southern Gas, 6%
pfd. (quar.)
30c
5% 2nd preferred
—_—12'Ac

1

$2

(quar.)

Brothers

$1.50

75c

(quar.)

(quar.)

____

investment income)

Nestle-Le

5-31

26'Ac

37'Ac

Corp.

(From

Nevada

(Del.)

Fund,

Nekoosa-Edwards

7-

5-6

12c

(s-a)

6-15

75c

^

common

Co.

6-10

10c

1

and

(quar.)

Resources

20c

9

gains

distributions

Radiator

75c

5-

*6-

6%

Ontario

3uc

(quar.)_____—

Co.

S.

6-

6-13

5-6

Inc., 4'A%

Pacific

15th

Co.

6-15

$1

5-16

1

investment

(quar.)
Corp. (quar.)

Tea

6-28

1

6-15

6-

40c

Standard

6-28

6-

4%% class A preferred (quar.)__
Onondaga Pottery Co. (reduced)
Ontario Jockey Club,
common
(s-a)

5-11

t5c

6-3

7-15

Omar,

1

8-17

7-2

5-16

6-

5-17
5-17

7-30

5-16

25c

,

—____20c

preierred

1

5-17

,

1

(quar.)$1.12%

common

6-1
6-10

$1.12'A

(quar.)

convertible

"New 5%

(quar.)-.

fiom

realized

Shops

Steel

6-

6-10

6-

Corp.,

4'A%

Panhandle

Shirt

$1.62'A

Mid-West Refineries, Inc.—

5%

National
National

3

5-16

Series

June

3

(111.)—

conv.

?Midland

4%

above

6-

1

6-10

estimated.

1

8-

30c

15c

capital)
series-—--

'

6-

5-20

47c

(quar.)—
Insurance Co,

from

Stocks

7-

25c

(quar.)

preferred (quar.)
Midland
Oil
Corp., $1

7%

3c

6-

1

7-

6-10

15c

($0.0878

from

6-

7-

S-

Owens-Illinois

____________—/—,

$0.0022
Growth

95c

6-15
6-1

Oliver

9

6-15

Chemical—

50c

47c

(accum.)

Machinery Co.

25c

6%

New

Falls)

6-

6-30

$1.06'A

1%

6-

30c

Telephone

preferred

preferred

Life

6-30

6-20

10c

$1.06'A

25c

(quar.)

Reserve

6-10

5-

(quar.)—

1

preferred

Co.—

Presto Industries

45c

__

Castings

dividend

6-15

$1.10

Co

; Mid-Continent Petroleum
(quar.)
Mid-West Abrasive
(quar.)
Middlesex Water Co. (quar.)

5(4%

Co.,

National

50c

Mickelberry's Food Products (quar.).
Micromatic Hone Corp. (quar.)

Steel

non-cuinulative

6-30

5- 9

6-

^mmon

(Nash¬

5%

$1.11'A

pfd.

Insurance

Mortgage & Investment Corp.—
non-cumulative preferred (accum.)

$1.083A

6'A%

(quar.)

.___

35c

97'Ac

A

5%

$1.75

5- 9

6-1

(quar.)———————preferred (quar.)——————

12'Ac
&

National

96'Ac

(quar.)

preferred

Accident

Malleable

50c

;

preferred

1

$1.10

$1.02

4'A%

6-15

income

40c

6-

$1.12'A

—————-

(quar.)

4'A%

3

National

5-20

5-20

5-16
5-16

5-20

$1.75

7%

5-31

-6-1

3

6-10

6- 8

'

Co.,

series

6-15

6-15

f

(quar.)——-

1

5-13

6-

15c

—

6-

1

6-

75c
100%

———

1

6-1

5-27

50c

(quar.)

(quar.)

Income

7-

$1

———.—-

——

6-

7-1

$1-14

6-15

$15c

(quar.)

Resumed

Stock

$1.10

b-iO

1-3-56

6-

3

97'Ac

6-15

$5c

Oats

6-15

,

30c

$5c

&

6-« 1

—-

(quar.)

Corp.J

6-30
7-1

55c
$1.11

40c

$1.06'A

<quar.)_

5-13

1

15c

pfd.

Oil

6-30

6-24

5-26

(quar.)

(quar.)_

com.

(Hartford)
(quar.)

6-

$1.183A

5-16

*

$2

1

1

Mathleson

(quar.)

Life

1

Olin

(quar.)
Lead

National

7-

6

.

^Michigan

■

A

6-

6-15

Electric, common—
preferred
(quar.)_____
Gas Utilities
(quar.)

4.40%

8%

A

6-

6-

Michigan Gas &

Middle

6

Class

Class
National

50c

Michigan

,

5-

45c

Extra

i

1

50c

(quar.)

Co.

6-

1

quar.)—

(increased

Packing,

6-17

—

(quar.)__

(quar.)

preferred
H.)

—

(quar.)

preferred

6-

6-30

Town

tl5c

Products

$1.25

(qUar.)__

common

preferred

(H.

5-16

1

1

6-11

25c

(quar.)

preferred

4.45%

Meyer

6-

6-

730c

pfd.

Metropolitan Edison Co., 3.80%

4.35%

6-14

Old

(Canada), Ltd.—

preferred

&

6-14
6-10

40c

Gypsum, $4.50 pfd. (quar.)___
National Hosiery Mills,
Ltd., class A (quar.)

National

(s-a).

4%%-

Merritt-Chapman & Scott

preferred

Gas

7-15

4-29

b-

50c

preierred

preferred

6-30

$1.06

National

62 'Ac

(quar.)
5% convertible 1st preferred (s-a)
Mercantile Stores Co. (increased quar.)

Textile

National

25c
—

Products,

Insurance

Food

2

6-20

533Ac

common

Fire

National

5-

$1.06'A
—

(quar.)

(s-a)

preferred

Shoe

Co.,

5-26

1

30c

Telephone, 5% pfd. (s-a)
Mechanical Handling Systems (quar.)
Melchers Distilleries, Ltd.—
partic

Fire

1

50c

(quar.)
com.

convertible

4.08%

$1.75

$1.183A

—

(quar.)

(quar.)

6-

5%

(quar.)

(quar.)—
•

Products

(quar.)
Drug & Chemical

Common

7-

$3

Engineering

common

preferred

National

750c
62'Ac

Meadville

3.85%

6-15

40c

—

(quar.)

Co.,

preferred

3.90%

5-17

6-

preferred

&

5-31
6-30

4'A%

60c

Mead Johnson

7%

4-30

(quar.)

(quar.);

Distillers

Power, 4y2%
4,40%
preferred

6-20

1
6-15

—~

(^uar.)

Ohio

6-30

$$1.75

(quar.)—

(quar.)—

Corp.

5-4

6-15

31'Ac

—

common

(quar.)

National

pid.

(quar.)

Machine

&

6-1,

loc

(quar.)

Gas,

Dairy

5-31

9

preferred (quar.)_
(Detroit) (quar.)———

7%

Co.
(quar.)
dividend

50c

$7

preferred

60c

Corp., common (quar.)
4'A% preferred (quar.)

Metal

43/» %

National

Mead

Merchants

Cylinder
preferred

4'A%

5-20

dividend

&

National

(quar.)

Co.,

Ltd.,

1

35c
i

Oil

Stock

(quar.)

National

730c

Forge

Ohio

5-10

6-13

1

Ohio

5-20

1

7-

5-11

1

5-4

6-11

20c

-

preferred

6-17

1

6-

common

Mills,

preferred

6-11

6-10

Co.,

Flour

7-

15c

25c

preferred

5-10

Trucking Co.

Metal

6-

$1

——

Fibres—

Container,

$1.25

6-10

Machine

6%

5-16

6-15

Ry

25c

Casualty
City Lines

National

5-19

Louis

(initial)—

Automotive

common

6-15

and

(initial)———

National

6-

St.

Corp.—
(ex-two-for-one
split)

6

IOC

&

gains

income)

5-10

6-

$$1.13

(quar.)

Specialty Mfg. Co. Ltd

4.44%

Alununate

5-31

6-10

Robbins

capital

Chattanooga
Corp. (quar.)

35c

&

-—

from

investment

6-1U

$$1

iquar.)

(4c

net

7- 1

3bc
.

(quar.)

preferred

50c

McNeil

Melville

preferred

4^56%

(quar.)

McLean

Mengel

4*40%
3.90%

5-16

Trust

from

5-

50c

—

(quar.).
Co.

Machine

McKesson

4%

6-30

6-10

(quar.)_l_

pfd.

11c

5-20

62'Ac

(quar.)

McGraw-Hill

4.30%

7-15

15c

6%

6-25

$50c

(quar.)_„_2_—

Electric

Stock

common

6-1

50c

5-16

1

iquar.)

Edison

PuDlishing (quar.)____;
Porcupine Mines, Ltd. (quar.)

McGraw

McKay

Crankshait

Oh|p

6-30

6-15

1

$2.50

Ohio

5-27

7-15

14c

6-

McCord

6-10

6-11

6c
37'Ac

Inc.. com

tl5c

933Ac

series)

(quar.)

McCormick & Co.

6-30

50c

System,

t$1.12'A

$3.75

(L.)

10c

Mutual

New

5-16

(1947

Ogilvie

5-20

5-16

Co.

6-1

6-

1

1

6-

—

6-15

National

1

6-

35c

preferred (quar.)
4'A% preferred
(quar.)

40c

Nashville,

6-

5-16

$1.31'A

quar.)_

4%

OalqMfg. Co.

Natco

6-

—-

(increased

Office

5-31

85c

5-23

Co.

5-16

6-20

5-16

6-13

t-nannacal

1

Scotia Light & Power Co., Ltd.—

5-12

6-20

1

25c

Norwicn

Nova

5-12

1

6-

1

1

1

1

Northwestern

o-*

6-

6-10

45C

6-

o-2u

6-15

7-

1

5-10

6-11

$3.ou

of Rec

6-

$1.12%

(quar.)

(quar.)_
Leather (quar.)_

6-15

7-

$3

5-31

37'Ac

preferred

Holder

Payable

22'Ac

common

preferred

30c

60C

93%C

preferred

3c

(quar.)_

Service,

37 %c

6

Department Stores, common
(quar.)_
$3.40
preferred
<quar.)__i______—__-__$3.75
preferred
(quar.)

McBrlne

Co.

Public

When

Share

Company

Northwestern

26'Ac

40c

(initial)

com.

May

Maytag

4'A%

50c

(quar.)

(quar.)

Conveyor

5-16

40c

Massey-Harris-Ferguson, Ltd., com.
4'A%
preferred (initial quar.)
Master

Fund

8-10

—

35c

Co.———.—..

Massachusetts Investors Growth

(quar.)———.—.—50c

Inc.,
common
(quar.)
preferred
(quar.)—i~

5'A%

25c
—___—_

5'/4%

—

Mutual

100%
________

5-12

2

Murphy (C. G.) Co.. common (quar.)
Murray Co. of Texas (quar.)
Muskegon Piston Ring (quar.)
Muskogee Co.
(increased
quar.)

6-20

—

Quarterly on old common..
: $1
preferred (quar.)—
Marquette Cement Mfg. Co. (quar.)

5-31

Diablo

Monday, May 30, 195

Per
Name of

(quar.)$1

Vernon-Wooobury

.

Holdera

5-

Mills, com. (quar.)—
preferred
(s-a)———
Mountain Fuel Supply (quar.)————

5-10
5-23

When

Payable of Rec.
6-1

—

Munsingwear,
5-31
,6-10

35c

(quar.)

(quar.)

7%

50c

(quar.)

Co.

Corp.

Mt.

be

to

Manning, Maxwell & Moore (quar.)________
Maple Leaf Milling Co., Ltd.———
Marchant Calculators (quar.)
■____—_—
Marathon

Mount

Co.

Corp.

Wheel

6-18

Share
30c

Finance

5-16

50%

& Co.

Shirt

Motor

8-30
1

Company

Morrison-Knudsen

6-

stock

common

$7)

to

Mallory (P. R.)
Manhattan

oi

share

I

t25c

$1.25

dividend)—

(stock

Service

additional

(One

Name of

Motor

Convertible priority shares <quar.)
Maine Central RR., 5% preferred (accum.)
Maine

Per

Payable of Rec.

40c

..

6-30

6-

2

RR.

$1.50

6-

4

5-20

olume

181

Number 5433

.

)•%

When

Per

Name of

Share

Company

hiia

Suburban

nua.

Suburban

Transportation

Water, com.
preferred (quar.)

$3.65
$3.95

preferred
preferred

_______

.___

(quar.)

$4.95

25c

6-

1

12V2c

6-

1

91 V4c

6-\ 1

(quar.)-

(quar.)

tquar.)

4.107®

6-

1

5-11

6-

1

5-11

hilaueipnla Title Insurance Co. (annual;
hihppine Long Distance Telephone Co.—

6-30

6-20

25c

7-15

6-15

Rochester

niluus

75c

6-

5-

hoenix

$5

tquar.)

1

5-25

5-20

5c

6-25

5-20

Rock

Extra,

3C

6-25

5-20

tioc

6-JO

5-31

ckle

Glass Co.

Crow

(Extra)

Gold

Ltd.

Mines,

illsbury Mills, common
$4 preferred
(quar.)
per

Aircrart

45c

convertible

Corp.,

_______________

5UC

itney-Bowes, Inc.,

$4.80
$5

conv.

ccnv.

pfd.

pfd.

ittsburgh
ttsburgn

0

7-

1

6.

1

7-

6-15
7-15

1

6-10

5-27

53 7sC

7-, 1

6-20

2dC

6-1

5-20

(quar.)

com.

6-

$1.25

Consolidation

I

5-20

6-

(quar.)

(quar.)

Forgings

5-

v

35c

com. (quar.)
preferred B (quar.)

4V<%

■I

117,C

(quar.)

ttsburgn Coke ft Chemical,

7-15

r. 15c

(increased).

common

preferred

6-1

$1

(quar.)

1

5-20

Co.

75c

(quar.)_

6-10

5-27

25c

Coal

(quar.)

6-13

6-

1

ttsburgh, Ft. Wayne & Chicago Ry.—
Common

7%

$1.75

(quar.)

ttsburgh Reflector, class A
Ciass a.

6%

ittsburgn Steel Co.—
5%% prior preference
5%

preferred

A

Corp.

77c

Mining

lymoutb
&

B

owell

of

River

5% %

St.

6-

1
1

Hall,

ressed

rovidf

5-18

5%

convertible preferred A (quar.)

6-27

3

St.

5-13

St.

6-

1

6-

1

Common

1

5-10

2oc

6-17

5-20
6-

6-

6-

1

5-20

6-

1

5-20

Sayre & Fisher

$1.25

6-

1

5-20

Schlage

1

t30c

6-15

5-16

6-15

5-18

25c

quar.)

4%%

6

6-30

6-16

(quar.)

pfd.

Co.

;

25c

7-

15c

(quar.)____

6-24

tS2

(s-a)

6-30

6-

preferred

6

(increased

50c

(quar.)

6-10

Scott
1

1

4% %

pifferred

(quar.)

$1.0674

9-

1

preferred

(quar.)

$1.05

6-

1

5-13

Public

(quar.)

SI.05

9-

1

8-15

(auar.)

$1.1272

6-

1

5-13

Service

3 7a %

$1.12 7a

Co.

of

Indiana,

4.16%

preferred

preferred

Public

Service

$1.43

A

4.187c

preferred

Pure

Oil

Purex

Inc.

Co.,

26c

Corp.,

&

Gas,

6-15

6-

1

6-30

5-31

35c

i

6-30

5-31

$1.02

(quar.)

6-30

5-31

6-30

$1.047a
$1.18%

6-15

75c

6-

(initial)

(increased

5-31
■

6-14

40c

(quar.)

__________

20c

quar.)

dividend

Pyle-National

5-16

40c

(quar.)

com.

Inc., $4.75 pfd.

com.

(George)

Stock

1

5-20

-

,'V 5-31
5-31
•

1

5-

6

6-30

6-15

6-15

5-20

Fund of Boston100%

Co.,

30c

7-

1

6-11

$2

(quar.

common

7-

1

6-11

8%

preferred (quar.)
Quaker City Fire ft Marine Insur.
Quaker State Oil Refining

25c

(quar.)

6-30

50c

6-15

$75c

5-3l

_

.

6-29

5-20

-y
'

Quemont Mining Ltd.
Radio

(s-a)__—

Corp. of America,

$3.50

1st

ccnv.

pfd.

$3.50 convertible

Ralston

Purina

Common

3%%

25c

(quar.)_

common

877ac

(cuar.)

(entire
July

on

issue

$105.60

at

1

called

Rapid Grip & Batton Ltd.,
6% preierred (quar.)

preierred

Ray-O-Vac

Co.

Real Estate

Reardon

Title

4

6-10

7-

4

6-10

10-

3

9-12

6-10

.5-20

35c
30c

50c

prcfererd

472 7c

5-16

1

6-13

5-27

50c

7-

1

6-

6-

9

5-19

3

(Wash.,

Inc.

Co.,

Arms

preferred

Renabie

D.

C.))

preferred

Republic

Steel

common

Resistollex

i-

Rhinelanchr

Oil

6-15

1st

A

5 V2 %
Roan

preferred

ft

Myers,

$1.50 partic.

iH.

Ltd.,

Sons

Ltd.

Oil

Singer Mfg. Co.

(quar.)

pfd,

5%

(quar.)

Corp.

(quar.)

(quar.)

Skil Corp.

Sloane

7-

7

6-23

6-

6

5-13

(accum.)
Smith
Engineering Works (quar.)—
Smith, Kline & French Laboratories (quar.)

5-13

Smith

6-10

Socony-Vacuum

6-

6

90c

7-

1

60c

7-

•

1

-

0£LO
5*10

6-10
*

6-

1

40c

7-

1

6-17

6-15

5-20

7-

6-15

(quar.)

$1.75

$1.75

5-10

1

10-

1

9-Jfl
5-13

75c

(quar.)

(quar.)

6-1

6-10

6-

1

$1

common

6-10

60,c

(initial quar.)

com.

6-15

25c

(quar.)

6-15

6-

e

Skelly

Oil

(S.

$1.25

South

(Interim)

South

5%

4.08%

3d

7-

8

50c




6-

6-15

69,4

6-15

6-

57c

(quar.)

Robinscn, Little & Co., class A pref.

6-15

3772c

(quar.)

(quar.)

f25c

6-10

6-

1

4

4

5-63
5-14

partic.

45c

Works

(quar.)

(quar.)

(quar.)

.—______

B

Calif

4%

preferred

Water,

Southern

Co.

pfd.

common

(quar.)
preferred

convertible

Southern

67*

(quar.)
(quar.)

(quar.)

preferred

5.44%

(increased quar.)—

Petroleum.

California

Southern

(quar.)

(quar.)
(quar.)

preferred

Southern

474%

pfd.

-

(quar.)

(quar.)

Franklin

25c

.

6-

1

5-16

7-15

7-11

3

preferred

1

5-16

8-

1

7-20

8-

1

$1.03%

8-

1

7-20

$1.0674

8-

1

7-20

$1.10

4.40%

6-

97 V2C

8-

1

7-20

$1.15

8-

1

7-20

277»C

8-

1

7-20

28c

6-

1

5-10

33c

6-

1

5-10

(quar.)_

com.

4.25 7c

33c

927aC

Service,

(quar.)

(quar.)

4.60%

preferred (quar.)
4.367o preferred (quar.)_^«_i.__^__i.^____
Southwestern States Telephone, com. (quar.)
$1.32 preferred (quar.)
;
Sparks-Withington, 6% pfd. (quar.)

7-20

3

6-15

6-

25c

6-

1

5-17

75c

Speed Queen Corp., common
$1.50 preferred (quar.)

6-

1

5-17

60C

6-

1

5-10

$1.05

6-

1

5-10

$1.50

(quar.)

Chemical Co., com. (quar.)
preferred (quar.)
Kellogg Sons
(quar.)

6-10

5-

6

50c

6-22

6-

1

$1.12 7a

6-15

5-27

6-

1

5-20

25c

Mills,

Spindale

30c

25c

Sperry Corp. (quar.)
Spiegel, Inc., $4.50 preferred

6-

1

5-20

20c

5-31

5-16

—

(quar.)

common

Springfield City Water (quarj
Spokane International RR. Co.—
Quartetrty

30c

7-

1

30c

10-

3

30c

12-15

(A. E.)

Mfg. Co., common

7-20
5-26
7-18
7-18
6-21
6-13
6-13
8-12
5-13
8-12

preference

$3.50

Inc.,

(quar.) —

common

preferred
(quar.)
Dredging Corp.—
convertible preferred

6-10

6-

6

5-23

6-20

6-

6-

3

5-23

50c

(quar.)

1

45c

(quar.)

Brands,

1

7-

25c

(quar.)
(quar.)

Standard Accident Insurance Co.

$3.75

9-15

50c

6-15

5-16

877aC

5-20
5-20
5-20
5-20
5-20
5-20
5-20
6-10

Standard

6-15
12-

94c

6-10
5-20

6- 8
7- 1
7- 1

10c
317»c

6-15

6

6-1

Standard
$1.60

6-

40c

(quar.)

1

>

5-20
6-17

common

77aC

6-28

75c

preferred (quar.)
Standard Holding, class A__

18%c

6-28

6-17

127zC

7-11

6-24

12 7aC

7-11

6-24

Standard

Factors,

B

Oil

Standard

6- 6
6- 6
5-12

Calif,

of

Co.

Oil

Standard

Co.

of

OH

Standard

.

(N.

Co.

(Ohio),

$1.60

Standard

Power

Above

&

Light,

subject

are

Tube

Supply

State

Loan

& Finance

15c

1

preferred (quar.)__
convertible preferred

6%
6%

1

377zc ;%•

6-15

6-

1

50c

6-

1

5-20

3772C

6-

1

5-18

Chemical

Stauffer

:

series A

(quar.)

Delaware Corp

Hotels

Statler

quar.)

Btecher-Traung Lithograph Corp.—
5%

Stedman

(increased

Common

share

6-10

5-25

t$1.25
11272C
65c
50c
45c
30c
$1.1272
25c
25c
25c
50c

6- 1
6-15
6-15
6-14
6- 3

5-11
5-13
5-13
5-23
4-28
6- 6
5-26
6- 1
6-15
5-27
5- 6

Process,

7%

pfd.

(quar.)

37V2c
18%c

6- 1
6- 1

25c
26
34c
22*/sc
$1.75

6- 1
6- 1
6- 1
6-6
7-11

5-16
5-16

5-2
6-15

5-27
6-

CD

63c

6-

6

56c

472%

7-

1

6-13

50c

6-

1

5-16

6-

1

5-16

40c

6-

4

5-13

30c

6-10

5-27

6-30

6-15

Stetson

(John B.)

Stewart-Warner

Co..

com.

(quar.)

Corp.

(quar.)

Stix, Baer ft Fuller, com.

(quar.)
7%
1st preferred (quar.)
Stokely-Van Camp, com. (quar.)
5%
prior pref. (quar.)
Webster.

ft

Coke

Stonega

Stonecutter

ft

1

25c

(S.)

class A

Stuart

(quar.)_„

Ltd.,
Co.

class

A

6-

1

5-18

7-

1

6-

1

5-16

65c

6-

1

5-16

15C

common

6-30

6-

25c

(quar.)

6-10

5-13

1

5-16

6-

37 7ac

6-20

30c

3

5-

5

6-

8

4-

8

50c

7-15

4-

8

35c

6-10

5-25

7-

t

6-15

50c

6-15

5-13

IOC

6-

1

5-15

6-

1

5-15

50c

7-

1

10-

t35c

4.25%

4.60%
4.64%
4.65%

5.10%

5.12%
5.25 %

5.857*

6-

1

1

9-

1

50c

Gold Mines, Ltd. (s-a)—Transit (quar.)
(quar.)
5% preferred (quar.)_—_____———
572% preferred (quar.)—
——
5%% preferred (quar.)——
—
Taylor & Fenn, 4.32% conv. pfd. ,(quar.) —
Teck-Hughes Gold Mines, Ltd
—
Television-Electronics Fund, Inc. (from in¬

4.10%

6

6-

50c

IOC

(James), com.

1-1-56

12-

1

t4c

Corp.
Gas

2

6-

1

5-16

7-

1

6-15

7-

1

6-15

627ac
68%c

7V/sC

.

7-

1

7-

1

27c

6-15

t5c

6-

6-15
6-15
6-

1

1

4-29

4-29

8c

67o

Transmission,

com.

(quar.)

preferred (quar.).
preferred (quar.)
preferred (quar.)_

6-15

6-

1

6-27

6-

9

35c

7-

1

6- 3

7-

1

6- 3

$1.0674

7-

1

6-

$1.15

7-

1

6-

3

$1.16

7-

1

6-

3

$1.16 74

(quar.)_

preferred (quar.)——-——
(quar.)
preferred
(quar.)
preferred
(quar.)
preferred
(quar.)
preferred

5-31

3c

$1.0272

2nd preferred (s-a)

(quar.)

preferred

4-29

7-

50c
25C

377ac

income)

Power Co.,

Tennessee

5-

1

$1

Syracuse

vestment

1

1

50C

Tennessee

3

5-20

6-

65C

(quar.)

preferred (quar.)—.
Co.
(quar.)

Telluride

66-

J20C

(quar.)

2nd

Talcott

6-17

6-15
6-15

.

Gas—

Drug. 67c pfd. (quar.)—
Oil Corp.
(quar.)
Biscuits. Inc. (quar.)

&

1

7-18

25c

Super-Cold (liquidating)
—
Liquidating
Superior Portland Cement (increased)—.
Superior Propane, Ltd., $1.40 pfd. (quar.)__
Sutherland Paper Co. (quar.)
Swan-Finch Oil, 67* 1st pfd. (quar.)—
Swift

1

6-

7-29

40c

Sunshine

4%

6-

6-14

$1.25

(quar,)

Ray

Sunray

5-30

6-10

6-14

t75c ( ;r

(s-a)

$5 preferred

(quar.)

Propane

Co..

5-30

15c

pfd. (quar.)
preferred (1952 series)
Sunshine Mining Co. (quar.)
Oil

1

5-13

5c

5.207e

Sun

6-

1

6-10

6-

35c

(inc. quar.)__

5.20%

Sun

5-31

6-15

3 7a c

(quar.)
(D. A.)
Oil, Ltd.

Suburban

5-31

1

5c

Co.

Stuart

1

25c

Coal

(quar.)

Screw,

Stroock

77-

$1

(quar.)

B

5-18

25c
—

Broadcasting Co., com.

Class

43%c

Inc

Mills,

B

Class

Storer

H

for

(quar.)

preferred

Stone

1

per

(quar.)

preferred

8%

issue called
at $102.50

Quarterly

6- 5
4-15
5-16
5-16

6-15

Textiles—

Stern

Stern &

6

Sylvanite

6- 5
5- 5

2

6-10

6-15

60c

dividend)

this

5-25
5-30

6-30
5-31
5-3J

7-

25c

25C

50c

June

on

plus

6- 1
6-15

60c
257jc
30M»c

12-15

J25c

quar.)

(quar.)

quar.)

(entire

preferred

372%

Stowell

6-14
5-18

9-15

12-30

Sterling Drug, Inc.—

Strawbridge & Clothier,

4-18

9-30

$1.25

(quar.)

Stores

6-15

$1.25

(increased

Ltd.

Bros.,

Bros.

6-30

$1.25

preferred (quar.)
preferred (quar.)
preferred (quar.)—

5%

6- 1
6- 1
5-31

6-28
5-31

-

.

(Increased

Co.

125c
150c
115c
115c

6- 1

5-20

1

5-16

$1
t45c
$1.25

5-27

6-

5-16

5-27
5-16
6-10

5-16

6-

6- 1
6-15
6-15
7- 2
7- 2

6-14
5-31
6-24

1

6-10

6-10

6-

6- 1

,

6-

10c

6-15

6-28
5- 9
5- 9

50c
50c

6-24

6-15

B

15c
15c

T27aC

6-24

8

HV2C

class

5-31
5-31
5-31
5-31
6-16

6- 3
6- 3
6- 3

8

7-

37ViC

Common

5-25
5-25
6- 3

6-30
6-30
6-30

7-

6-15

A

Sterchi

6-30

5-16

177aC

class

6-15
6-15
6-15
6-15
6-30
6-30
7-27
6-10
6-10

7-15

1

(quar.)
(quar.)

Common

5-13

6-20
5-31
6-15
6-30
6-10
6-10

'

6-

Corp.—

Sterling Aluminum Products

5-31

6-24

15«

5-20

5-31

>\

7-15

ap¬

(quar.)

6- 1

35c
130c
120c

SEC

Equipment Mfg
class B
(resumed)

6-2
6-2
5- 5
5-16
5-31
6- 1

$1.1272
$1.12 72

to

Co.,

7-2
7- 2
6-13
6- 1
6-10
6-10

$50c
$56 74
377ac
$1.25
25c
5c
$1
25c
$1.1272

5-20

proval.
Railway

5-31

5-10
5-16

6-10

35c

com

B

payments

Fuel

6-15

6-10
6-11

40c

preferred A (quar.)
Packaging Corp.—
conv.
pref. (quar.)

State

6-16

35c

60c

(quar.)'—

common

Standard

6-23
6-23

7- 1
6-10
6-15
6-15
6-17

5-31

$1.25

(quar.)

(quar.)

J.)

Co.

Oil

Standard

5-31
6-10
6-10

5-31

6-10

93 %c

(Indiana)

Oil

Standard

Standard

6-23
6-23
6-1
5-10
6-1
5-27

5-10

6-10

35c

Co.

Standard

3%%-

6-10

20c

(quar.)
—

5-12
.

75C
50c

(quar.)

Kentucky

Extra

5%

317<c
38%c

Development, class
Ltd.
(increased)

orig.

5-16

(Dallas)—

preferred (quar.)____
preferred
(quar.)
preferred
(quar.)_____

Staley

7-10
7-10
6-15
6-1
6-20
7- 2

5c

(quar.)

(quar.)
(quar.)__

preferred

4.88%

Co.

preferred

Common

25c

Southeastern Telephone Co.. 5% pfd.
Southern California Edison Co.—

5-16

8 3/10c

com.

Co.,

1

Quarterly

issue has been
Mobil Oil Co., Inc.

common

Co.

5-16

6-

Quarterly

above

(quar.)

Lathe
Oil

Texas

Southam

5-16

Is

of

Socony

Co.

preferred

Bend

1

5-;i6
H7

(quar.)

(quar.)

preferred

South Penn

1

:

to

Corp.,

$1.55

:

prior pfd.

South American Goki.&,Platinum Co.

6-

1

Oil

name

Aircraft

Sonotone

472 7c

Morgan)

changed

6-

6-

(quar.)

J.),

&

Corporate
Solar

272c
69c

Co.

(quar.)

(W.

2%c

(quar.)—

(quar.)

Co.

Sinclair

5-10

$1.12 72

preferred (quar.)
H.)

(H.)

Simpson's,

5-27

$1.1272

Participating
Robertson

& Steel

Saw

Co.

6-2Q

60c

(quar.)

Inc.,

Simon

(quar.)
(increased)

preference

1

'

Antelope Copper Mines, Ltd.

Bobbins

(quar.)

convertible

$3

(quar.)

Insurance

Public

6-

1

i

5-6
6- 3

Sirumons-Boardman'Publishing—

6-

61I8

preferred

B

(quar.)

6-27

9-15

Finance, class A
.Class B
(quar.)

preferred
(quar.)
Silverwood Dairies, Ltd., class A

7-15

2c

Ritter

j

5 7c

5-12

J

$4

(quar.)

common

5-18

6-

20c

(quar.)_

Stouffer Corp.

(initial)

(quar.)

3

(quar.)

new

4 7c

6-

1

Corp.,

Ltd.,

8-15

1

6-

6-15

7-10

Strapping—

common

preferred

9-15

25c

25c

preferred

75c
70c

(quar.)
Co.,

(quar.)

5-18

7-

Textile

57c

9- 1
12- 1

commoh

3.907c

4.20%

5-13

25C

3.70%
4.157c

5-13

6272c

(quar.)

quarterly

15c

(quar.)

Water,

Co.

Steel

Signode

convertible

6272c

(quar.)

preferred (quar.)
Shoe Corp. of America, common A (quar.)—
$4.50 preferred A (quar.)
$4.50 preferred B (quar.)
$4.50 preferred C (quar.)
Shuron
Optical
(quar.)
Sicks Breweries. Ltd. (quar.)
Sigma Mines, Ltd
Signal Oil & Gas, class A (quar.)

6-15

10-

Riegel

Sherer-Gillett

6-24

$1.75

Corp.

Valley

B

5%

redemption

57c pfd. (quar.)—
Shepard-Niles Crane & Hoist Corp

Class

$1

Southwestern

6-20

6-15
6-15

25c

(quar.)
(quar.)

Investment,
preferred
(quar.)
Life

7-15

75c

Co

Southwestern

Increased

5-31

62 V2C

.'
(quar.)

Southwestern Electric Service

Southwestern

5-31

6-20

55c

Power

60c

Corp.

Mfg.

Shenango

6-15

$1.75

Corp.,

Sheller

Simmons

(quar.)

Oil

Corp

Mining

preferred

Utah

Spencer

6- X

6-15
6-15
6- 1
6-1
7-10
7-10

10c
20c

(quar.)

redeemable pfd. B

4ya7c

Simmonds

(quar.)

PaDer

G.)

60c

(quar.)

(quar.)_

2nd preferred

Denn

6-20

1st preferred

7%

Shattuck

5-20

2nd preferred

Richfield

(quar.)
(Frank

6-15

7%

Riegel

class A (quar.)__

12 72c
common

50c
91 V4c
91V4C
11.07 7a
$1.0772

$1.50
65c
22c
25c

(s-a)

Shawinigan Water & Power Co.—
47c redeemable pfd. A (quar.)

Class

7%
!

B

6-15

Co

preierred

Class
Shattuck

1

Rice-Stix, Inc.—
7%

participating preferred
Refrigerator (quar.)

Serrick Corp.,

non-cum.

Spencer

(Los Angeles) —

75c

(quar.)

Paper Co.

.Ranch

6-15

1

(M3

6.-

(quar.)

preferred

5%

(quar.)_

com.

pfd.

ccnv.

3%

Seeger

common

627aC

(quar.)

preferred
Mfg. Co.,

57c

Corp.,

Security Title Insurance

preferred

5 7«

Southern

6-

6-13

75c

(quar.)

common

1

6-10

40c

8- 1
6-10
8- 1
8- 1
6-30
7- 1
6- 1
9- 1
6- 1
9- 1

Oil

100%

dividend)

Copper & Brass—
Drug Co. (quar.)
Reynolds (R. J.) Tobacco,
Common
B
(quar.)
!
4.50%

1

7-

;_

dividend)

Rexall

preferred

(quar.)—

common

Acceptance

Railway,

non-cum.

7-15

1

$1

7- 1
6-1
6-1
6- 1
6- 1
5-31
5-31
5-31
6- 1
6-15

60c
29(£c
29{Jc
29%c
293/«c
272%
183/4C
32V2C

Seaboard Surety

Securities

Production

5%

6-10

8-

$1.20

(s-a).

(quar.)
(quar.)

Co.

Southern

5-20
6- 3
6-15
6- 1

6-15
9-15
12-15
7-16
6-1
7-1

(quar.)
-—25c
(N. Y.) (quar.)
45c
Sealed Power Corp,
(quar.)—
22V2c
Sears, Roebuck & Co. (quar.)
60c
Seatrain Lines, Inc.
(quar.)
12 7aC

Seaboard

SI

(initial quar.)
(stock

Co.,

Southern Natural Gas

6-15
6-10

7- 1
6-10
6-21
7- 1
6-15

convertible
preferred
(quar.)——
53c
preferred (quar.)
—$1.43%
$4.75 preferred (Initial quar.)
—$1.18%

t5c

1

Revere

3.607c

7-

4-20

—

(stock

5-16
6-10
5-20
6-20
6-1
5-30
6-15
6-15

$2.12

20c

(interim)

1
1
6-10
6-30
7-1
5-31
7- 1
7- 1
7- 1

t31V»c

(quar.)

Finance

$2.25

(quar.)

Corp.

6-13

15c

com

(Texas)

Corp.

6-30

10c

(s-a)

6-30

25c

common

(s-a)

Ltd

Mines.

Seaboard

Silknit,

(quar.)

preference

preferred

New

25c

Republic Insurance

Rice

6-

50c

(quar.)_

iqrar.)

preferred

Laboratories,

Remington

4% %

9— 1

.

10c

Brothers,

Rheem

3

f $1.50

Insurance

convertible

New

9-15

6-

7-

Co.

Reeves-Ely

47c

1

t20c

(quar.)

1st

4.107e
preferred
(quar.)—
Scythes & Co., Ltd., common (quar.)
5%

5-16
5-13

22Vac
$1.02%
t25c

(quar.)

Sherwin-Williams

t $ 1.50

Semi-annual

30c

9£ 1

6-15

30c

(quar.)

non-cum.

Reeves

7-

30c

com

convertible

$2

1

Company,

Reading
4%

6-

■.'.riOZ

Raybestos-Manhattan, Inc.
Rayonier,

9-13

93 %C

(quar.)

Packing Co.

<9-12

,

per

_

67c

1

6*13

,--i

6-13

for

share plus this dividend)
Rapid Electrotype Co. (increased quar.)
Quarterly

Rath

10-

75c
75c

preferred

3

■Up Or 17

1

(quar.)

redemption

7-25
7-

(quar.)—

com.

6-

'

8 7 1/q c

(quar.)

1st preferred

Co.,

preferred (quar.)
4.30%
preferred
(quar.)
Scranton Spring Brook Water Service—
Common

1
1

6667-

$5.75

(quar.)

Ltd.

Putnam

6-

5-10

-

$1.25

(quar.)
new

1

(quar.)

Publicker Industries,

Pullman,

6-

;

common

preferred

5-16

1

Mexico—

New

Electric

5-16

6-

(quar.)

preference

4.08 %

1

6-1

25%c

(quar.)
of

6-

8-15

27c

(initial)

Co.

50c

87 72 c

preferred

Service

1

(quar.)

com.

preferred (quar.)
preferred (quar.)

'4.207c
blic

9-

Mfg.

4.30%

preferred

(quar.)—

(quar.)

Inc.

3.65%

5-13

r.referred

4.327c

5%

7-13
.

6-10
6-29
6- 1

277ao
45c
85c
$1
25c

(quar.)

Co., common (quar.)
preferred (quar.)
3.35%
preferred
(quar.)

8-15

4.207c

quar.)

27-!iC

7-1

Co.—

common

Williams,

&

Scovlll

8-

preferred

Co.,

preferred (quar.)
$4 preferred (quar.)

5-16

6-

47a%

(quar.)

$3.40

45c

4Va %

Paper

tail.06
75c
33c
$1.25
3772c
$i.^5
$1.25
$1.25

6-20
5-26
5-20
5-13
5-13
5-13
5-14
6- 1
6-10
5-27
5-31
5-16

6-10
6- 6
6-10
6- 1
6- 1
6- 1
6-15

5c
60c

(quar.)

preferred, series A (quar.)-

5%%
Bcott

6-15

Colorado—

of

Co.

Lock

Mills

Pacific

6-30

3772c

(quar. )_*—___.;

Paper

Southern

Payable of Rec.

Class

Brick Co.

Schwitzer-Cummins

4

6-

1

$1.0674

4.20 7c

(increased quar.)

preferred A (quar.)
preferred B (quar.)
4.70%
preferred C (quar.)
—
4%%
preferred D (quar.)
Savage Industries, com. (stock div.)
75c conv. pfd.
($1 par) (quar.)
$1.30 conv. pld. ($20 par) (initial quar.)_

::

Southland

0

& Electric—

Gas

(quar.)

preferred

Springfield Fire & Marine Insurance

4%%

7-

A

15c

_

(quar.)

'

tquar.)
Works—

Water

Jose

..

45c
$1.10

(quar.)

common

preferred

Common

preferred

4V*%

1st

(quar.)—

Insurance

Marine

&

Paper,

13%c

(quar.)

America, Inc

Co.

Fire

Regis

San

? 5-16

1

Paul

$4.40

5-13

nee-Washington Insurance Co.—

Service

com

6-i5

45c

com.

(accum.)

Ltd., 47c

convertible

(quar.)

convertible preferred A tquar.)
convertible preferred A (quar.)

Mfg.—

B.)

common

5%

6-

(quar.)

Metals of

Brothers.
rophet (Fred.

Power,

preferred A
(quar.)
Louis, San Francisco Ry.,

45 c

Co.,

(s-a)

rice

&

5%

6-

(quar.)

common

preferred

Light

5-26

J

(increased

Utilities

Joseph

40C

(quar.)

Co.

Co

5-20

15c

Power

Co.

Lead

6-17

37 Vac

(quar.)

America

Joseph

St.

5-20

6-

37 72 c

1st preferred

rentice

$2

5-20

6-15

t30c

referred

ublic

St.

pfd. (quar.)

DC

(quar.)

A

preferred

att, Read &

!

7- 1

$1
$1.0772

preierred (quar.)

4.30%
preferred (quar.)
Saguenay Power Co., Ltd., 47i7c

6
6

5-

1

6-

4%

IS1

•

.

Extra

57c

5-

1

6

4.80%

Southern

Ages

5%

(quar.)

Electric

3.60%

6-

(quar.)

Co.
ciass

Steel

Co.

otomac

5-26

5-

1

$1.75
(s-a)

iquar.)

ortsmouth
otash

6-21

$1.75

Ltd.

Co.

Oil

Co.,

Class

6-

50 c

(quar.)

(quar.)

Development,

our

6

$1.25

(quar.)

<quar.)

preierred

olaris

6

5-

Youngstown & Ashtabula Ry. Co.

Common
lacer

5-

1

$1.3772

(quar.)

ittsburgh ft West Virginia Ry.
ittsburgh,

1

6-

15c

(quar.)

6-

IOC

...

...

Bolt

&

6-10

10c

(quar.)

Screw

6-10

5

10c
,

preferred A

1

7-

(quar.)

iquar.j

ttsburgh

7-

$1.75

<quar.)

preferred

6-20
5-18

Common

„

4.75%

of

5-13
5-13
5-13
5-13

V

Power—

Rockwell

.

■

(quar.)

1
1
1
1

7-1
6- 1

$2
10c

preferred B (quar.)
$1.19j.
Corp. (quar.)25c
Mfg. (quar.) —
50c
Rockwell Spring & Axle
(quar.)
50c
Rohm & Haas Co., common (quar.)
40c
4% preferred A (quar.)
$1
Holland Paper Co., Ltd., common (quar.)
- $25c
47* % preferred (quar.)
$$1.0674
Rome Cable
Corp.
(quar.)_.
35c
R0S3 (J. E. Engineering
(quar.)
—
25c
Rowe
Corp. (quar.)
.
20c
Royal Crown Bottling (Ky.), com. (quar.)— _ 1272c
57c preferred (quar.)
12V2C
Royalite Oil Co., Ltd. (quar.)
$672c
Rupert (Jacob) com
25c
47a7c
preferred (quar.)
$1.12V2
Ryan Aeronautical (quar.)
10c
Sabine Royalty Corp. (s-a)
$1
Safety Car Heating & Lighting Co. (quar.)—
25c
Safway Steel Products (quar.)
25c
Safeway Stores, Inc., common i(quar.)
60c

36

Montnly

>

Transit

Rockland Light &

6

(s-a)___

Valley R. R.

Genessee

&

6666-

Holdert

When

Per

Share

Name of Company

Southern Indiana

$1
$1.027a
$1.183/4
$1.027a

preferred F (quar.)
preferred H (quar.)
4%%
preferred I (quar.)
4.10%
preferred J (quar.)

4%

5-11

Holder•

Payable of Rec.

Share

Electric—

&

Gas

Rochester

5-11

$1.23%

When

Per

Rochester

Petroleum

V.

'

.

Name of Company

5-16

*

98%c
__

.

Holdert

Payable of Rec.

59

(2515)

The Commercial and Financial Chronicle

.

.

7-

1

6- 3
6- 3

3

7-

1

$1.28

7-

1

$1.3174

7-

1

6- 3

$1.467»

7-

1

6- 3

j

6-

3

60

(2516)

The Commercial and
Financial Chronicle
Per

Name of
Tennessee
Texas

Company

Natural

Share

Gas

Lines,

Inc.

(quar.)_

prexerred
convertible

4.50%

convertible

Texas

Gas

4.96%

Payable of Rec.
6-15

United

6-10

5- 6

Transmission,

$1.183/»
$1.12ya

(quar.)
(quar.)

common

Universal

Match

Unfversal

Pictures,

6-

1

5-10

1

5-10

25c

(quar.)__

6-15

6-

7-

1

6-15

7-

$1.24

(quar.)

5-10
5-10

preferred
(quar.)
—.—
$1.35
Producing (stock dlv.) (Two shs.
(initial-quar.)——.—15c
Texas Gulf Sulphur Co. (quar.)
50c

1

6-15

1

6-15

———

Common

Texas

4%

6-15

5-13

35c

6-

5-11

(quar.) ——25c

Co.

Thomson

Welder

Thompson-3tarrett,
Thrift Stores,
Water

Tilo

Time, Inc.

Oil

share

5-31

5%

preferred

6- 9

5%

preferred

5-25

Class

5-31

Class

A

6-15

5-31

Class

B

17Vic

(quar.)—

6-30

J40c

dividend)

7-

6-15

2

5-31
5-10

6-27

20c

A

6-15

5-16

$10,50

5-25

6-10

6-

10c

7-

6-20

1

3

(quar.)—___.

75c

6-10

5-20

30c

5-31

5-20

$1

6-15

6-

4c

8

preferred

5-31

1

5-17

4.25%

preferred

Vulcan Mold

(quar.)

$l-06y4

6-1

5-17

Wabasso

5-17

Waite

(quar.)

Mines.

Elevators,

Transcontinental

Ltd.

$1.14

(interim)———

t5c

(quar.).
—*—
Pipe Line (quar.)

t20c

Ltd.

Gas

Transue & Williams Steel

6-

5-20

1

3

35c

6-15

5-31

6-23

5-23

6-13

5-20

12y2C

5-31

5-20

40c

8-25

8-16

40c
RR.

Coal,

Asso.

$2.50 preferred (quar.)
True Temper Corp., common
4l/i%
preference
(quar.)

6-15

6-

40c

_____

11-25

$1.75

(s-a)

(quar.)—.,

com.

Trunkline Gas, $5

1

6-29

25c

—

Quarterly
Troy
Greenbush

6-

6-

$3.50

Forging (quar.).—

Travelers Insurance
(Hartford)
(quar.)
Treesweet Products (quar.)
Trinity
Universal
Insurance
iquar.)

Truax-Traer

-

6-10

5-31

70c

(quar.)

11-15

6-10

1

5-31

preferred A

40c

6-15

5-31

$1.12Mi

Tudor City 4th Unit, $6
pfd.
Tudor City 9th Unit $6
pfd.

7-15

6-30

(quar.)

$1.25

6-15

5-31

(accum.)

Weco

Coach

S1.50

La

Underwood

Unilever,
about

Union

Co.,

common

Salle

Corp.

Ltd.
$23

(year-end
Fl.

per

Carbide
preferred

$3.50

preferred

B

Car

common.™

Air

Lines,

4>/2%

Aircraft

5%

A

Class
5%

United
$4.50

preferred

(quar.)

common

Can

Series

of

&
&

125c

Carton

;>•

(quar.)

com.

6-15

6-

JS1.25

6-

1

5-16

25c

6-

1

5-17

4y4%

9V2

and

(quar.)

4.8

Jersey

&

from

Pacific

Corp.,

Pacific

Insurance

United

Science

non-cum.

partic.

(quar.)
(from net

pref.

j,

;

Co..

Ceramic

Envelope

S.

&

issue

4y4%

plus this

on

S.

U. S.
U.

S.

dividend

(quar.)

Lumber

S.

Playing

S.

Potash

S.

1

5-20

S1.12M,

«-30
6-

1

6-13

&

quar.)__.

(N.

7-

1

6-

3
3

7-

1

6-

3

7-

1

6-

(quar.)

(quar.)

Co

Foundry
Card
Co.

(quar.)

Rubber Co., common
(quar.)
1st preferred (quar.).

Corp.

(stock

dividend)

Common
8.

7%

Tobacco
non-cum.

Wisconsin Southern

Woolf

Wood

(G.

Co..

pfd.

com.

(quar.)

(quar.)




(stock

Co.,

Inc., 4%%

H.), Ltd.,

Iron

Woolworth

(F.

7-

1

6-10

10c

6-15

6-17

6-20

5-31

6-20

5-31

7-

6-15

6%

Co.

4Y2%

9-15
12-15
5-20

a

6-

1

5-13

conv.

6-

1

Worumbo

6-15

«-

Wrigley

1

5-19

6-

1

5-19

1

6-15

1

5-13

to

7-

1

6-

5%

1

(quar.)_

1

5-14
6-15

(quar.)

(quar.)

Wright Hargreaves Mines
Wurlitzer

10$%

6-

2

5-12

$-10

5-

30c

6-15

5-31

433/ic

6-15

5-31

5

Yonkers

quar.)

the

at

1880.

letter

a

of

cumulative
stock

stock

and

notification

preferred

$1)

(par
25

shares

with

stock

be

to

the SEO

(par $100)
in units

offered

underwriting.

and

broaden

of

stock

common

has

The net

proceeds are to
distribution markets.

the

Corp.—Receives

Large

be

at

used

Contract—

received

in

Newton,

in

Mass.

The

pilot plant scale
with

program

crystalline

which

process,

in

has

been

in

Cambridge, Mass., for two

Monsanto

Chemical

form.—V.

181,

Co.,

produces

operation
under

years

metal

of

high

2121,

p.

Associates, Inc., New York—Regis¬
Securities and Exchange Commission—

corporation

19,

be

filed
a
registration statement with the SEC on
covering 312,500 shares of its 10c par common
stock,
public sale at $5 per share by Charles Plohn & Co.

1955,

offered

for

1

6-17
5-16

ment

6-10

7-

6-17

1

6-

1

is

per

1

4-29

8-

1

7-15

6-

1

5-16

6-

1

shares

5-16

6-

5-20

which

from

6-

1

in

gaged
and

6-10

the

30c

6-15
6-

5-

1
1

57-

8

5-31

5-13

tlOc

7-29

7-

Charles

NTA

distribution

film

series.

Mr.

used

13,

&

Co.

acquired

1955,

for

for

the

invest¬

total

and

for

It

chase

of
or

not

distribution

of

the

NTA

ey

sale

for

of

of

motion

produce its

rights

from

the

other

common

subsidiary

picture

own

the

The

of

sum

are

feature

lilms, but

producer

available
of

film

estimated

its

balance

for

Factor's

will
the

in

the

or

at

en¬

films

acquires
owner of

loans

the

$1,260,000,

Loan,

added

which

at

initially

acquisition

to
distribu¬

of

and

the

repur¬

of

related

proceeds

gross

including

purposes,

be

acquisition

participations

corporate

stock,

payment

$334,153.

was

lenders'

tne

wholly-owned

television

does

capital and will be
rights, the retirement

tion

its

Ely Landau is President.

1955,

films,

8

Plohn

stockholders in April,

working

9

7-29

1952,

proceeds

be

May

9

of

NTA

television

films.

will

5-27

50c

in

the

other

exclusive

5-20

1

6-

partners

certain

$3,750.

of

Organized

1-

7-

1

possible

financing

of

6

film

production.

1

New

6-15

Jan

6-17

6-

1
1

5-16

6-10

(quar.)

Raceway,

Mar. 28,'54

$6,800,094

$8,671,267

6-15

66-

income—

for

32,568

$6,824,252

$8,703,835

5,889,889

6,740,509

156,563

...

!

depreciation

Miscellaneous

1

6-10

24,158

expenses

1

6-15

-

income—

152,014

Manufacturing costs, administrative and selling

other

and

•.

—

amortization

deductions

.c

•

5-20

6-

1

5-20

7-

Federal

dividend

An

6-25

6-17

made

t$2.50

6-30

6-

to be

1

6-

1

27 V2c

*$1.37Vi

50c

3%

5-20
5-

3

7-31

7-15

6-

1

to

employees

determined

May

28.

19551

scription

5-27

of

$836,451

of

252,508
shares

This

74%

result

a

offer

of

is

the

on

209,361;

the

company's common stock
than directors) on June 6,
1955, at

(other

as

of

bid prices for
made as a result

average

being

company's

stock

offer

of

the
of

will

week

be

price

a

ending

over-sub¬

an

June

1954.—

5,

5-16

6-20

5,000

5,£8i
969,000

paid

offer

5-20

6-

8,376

income

on

profit

Cash

6-13

35c

taxes

.

1

5-31

1

State

413,000
$356,424

and

Net

6-

1

181,

This
6-10

6-15

6-

6-

5-23

6-

1

3

association

011

5-31

5-13

per

6-

5-13

period

5-17

6-10

5-25

66-

1

issued

of

and

standing

in

the

9

5-

6

50c

6-20

6-

1

pared

6-15

6-

1

V.

6-

with $3,049,940 for the same period
dividends on the preferred shares, the
to $1.32
per
average
common
share

the

current

period

outstanding for the
and

respective

2,128,534

increase

common

with

$1.35

previous
shares out¬

periods.

with
of

compared

corresponding

average

operating revenues for

compared

an

for

in

2,321,212

on

consolidated

year,

compared
amounts

share

common

$37,695,919
last

basis

outstanding

based

Association—Earnings Up

summary of earnings for the 12 months ended
balance to surplus for that period of
$3,184,324

allowance

$3,060,421

average

Total

5-10

After

year.

balance

6

a

a

consolidated

a

last

5-13

6-

in

1955, shows

April 30,

1

1

643.

p.

New England Gas & Electric

1

7-

V.

$35,204,672

7%.

the

for

latest

the

12

months

corresponding

Net income before

were

period

company

fixed

$7,101,485

com¬

parent

1

$1,121/2

6-15

$2.50

8-

1

5-16

25c

6-

2

5-20

7-

1

6-20

8-

1

7-20

charges

for

for

corporation

covering

on

Federal

the

6-

2

5-27

Colo.

1

5-13

mining

The

April

1,500,000

(10 cents per share)

6-

6-

provisions
$7,380,679

12

income

taxes

months

was

ended

April

30,

1954.—•

863.

p.

New Era Metals, Inc., Steamboat
The

SEC

J3c

6-15

and

with

181,

20c

A

Mar. 27,'55

sales...

S1.12V2

(s-a)

Co.—Earnings Show Decline—

to

Total

7-29

12 Vic

class

1

Sundry,

5-13

8-19

$1

preferred

Machine

5-16

6-

Net

6-10

1

Britain

Stock To Be Offered to
Employees—

6-15

6-24
7-

37ViC

(quar.)

(monthly)

Inc.

net

filed

29

shares

of

a

Springs, Colo.—Files

letter

common

of

stock

notification
to

be

with

offered

at

the
par

through Justice B. Detwiler, 430—16th St.. Denver,

proceeds

are

to

be

used

to

pay

expenses

incident

to

operations.

1

Newr

Haven

Water

Co.—Registers With SEC—

Dividend

50c

6-

2

5-10

7%

6-

2

6-10

50c

dividend

Class B

Stock

approved

p.

1

31 Vic

(quar.)

(Rudolph)

Stock

was

181,

par

7-

30c

(quar.)

Monthly

Yard-Man,

1955.—V.

without

6-

10%

(quar.)

prior
Co.

1

5-23

May

8

6-20

25c

Jr.,

6-

5-23

stock

underwriter's commitment is to
purchase all of the shares if any
purchased; and the underwriter is to receive a commission of 75c
share.
The registration statement includes an
additional 62,500
shares to be offered in exchange for the
outstanding securities of
Ely Landau, Inc., including production and other
loans, plus 75,000

90c

(quar.)

pfd.

7-

6-11

preferred

Research

The

$1.50

...

com.

62V2c

6-11

value

par

at

1954).

common

National Telefilm

6-

37 Vic

preferred

common

1

$2

filed

7%

common

without

capital

ters With

7-

25c

(s-a)

prior

Mfg.,

29

of

of

of

unit,

small

a

joint

6-

56 Vic

40c

50c

on

6-15

(quar.)

preferred

(Wm.)

$10

a

April 28,

(4,191,201

5-10

6-

25c

45c

1

with

on

on April

corporation

purity

(quar.)

common

Co.,

Worthington Corp.
prior

31,

company's

dates

process
developed by the company. The plant,
which
is
designed for 1,000 pounds of metal per
day, will be housed in
building being erected near the site of the
company's Equipment

1

A

preferred

W.)

preferred

4V2 %

10-

1

1

3

5c

(quar.)..

Woodward

$1

common.

1

div.)

class

(increased

6-17

the

respective

March

a
contract for $1,183,495 from Gen¬
Administration to finance construction and
operation of
demonstration pilot plant for production of
titanium metal by a new

6-

preferred

5'/2%

Industries,

convertible

5-27

$ 1.42

$0.96

at

at

Services

1-3-56

75c

1

7-

6-17

$1.06 «/4

(quar.)

(monthly

Gas

Insurance

Bros.

Woodall
5%

1

62 Vic

Co.

6-10

$1
U

Grocery

Electric Power,
common
6%
preferred (quar.)
3.60%
preferred
(quar.)
Wisconsin Public Service, common

Oil

$1.45

stock

shares

National
eral

5p

37V2c

75c

(quar.)

(quar.)

(s-a)

Winnipeg Electric Co., 5% non-cum. pfd. (s-a)
Winter & Hirsch, 7%
preferred (quar.)

3

30c

common

Y.)

preferred

Co., $4.25 preferred

22y2c

J.),

5%

Lovett

$5,428,293

change

shares

shares

This

1

25c

Woodward Governor

& Lithograph Co.,
preference series A
(quar.)

St°el

<&

Wolverine
5-18
6-

$1.75

Printing

8.

6-

7-

5-25

$1.25

(quar.)

Monthly

Wiser

$1.50

(s-a)

Life Insurance

U.

8%

5-27

50c

(quar.)

Co.

15c

(N.

preferred

U.

U.

6-10

6-

1

$1.25

(s-a)

&

2,000

per

Prov.

Wisconsin

$1.06V4

(quar.)

(initial

Co.

Pipe

U. S.

5-19

Machinery—

common

Lines

S.

5%

1

$1

U.

U.

5-13

0-

June

(quar.)

Hoffman

4y2%

5-31

22M>c
75c

Corp.—
redemption

for

common

preferred

New

6-13

13c

share

pieferred

Gypsum,

(s-a)

Extra

U.

5-31

1

investment

pfd.

(quar.)

per

Freight Co.

S.

1

7-

Securities

called

$105

conv.

Co

Co.

Foreign

at

45c

Tile

S.

30

7-

(quar.)

Wilson Brothers,

1,660,066

$6,075,636

3,810,183

stockholders

increase

5-25

7-

25c

Willcox & Gibbs
Sewing Machine Co.—
5%
convertible
preferred
A
(s-a)
5%
convertible preferred B
&

2,214,020

$3,653,329

5-13

15c

Wilcox

5-17

1

6-15

20c

Inc

5-24

8c

Fund

income)

Casualty

Sons,
(quar.)

5-31

5-27

6-

6-10

35c

,

6-10

$5

$500
to

62 Vic

6-10

6-10

5-16

5-13

$1.31 V4

6-30

6-30

1

1

40c

(quar.)

7-15

Williams

to

company

four

6-

5-16

5-18

Oil

657,859

$3,878,421

outstanding

and

common

12,500

6-

5-31

6-10

25c

of

1

4-30

Winn

5-20

1

6

5-31

Wilson

6-

6-10

5 V4 %
preferred
(quar.)
Whitln Machine Works
(quar.)
Whitman
(C.) &

6-20

75c

6-

Wnite

5-24

and

7-

5-31

6

5-27

50c

5-27

7-10

covering

6-10

63c

5-23

7-

6-16

40C

30c

6-10

$2 50

The

(quar.)

6-15

re¬

(quar.)

6-10
6-16

1

(quar.)
(increased quar.)
(quar.)

(quar.).

50c

capital

Canal

1
1

5-

pfd.

Timber

Corp.

$7,088,364

5-13

4V2%

Paper
Motor, common

Wickes

$8,289,656

$6,465,559

National Light & Pump
Co., Denver, Colo.—Files—

7-

7-

5-31

Weyenberg Shoe Mfg.

Whitaker

into

7-

6-

Ltd.,

$1.06V4

pence

7-29

noc

60c

RR.

8-19

117 Vic

6-10

(final)—

value

meeting of

tl2Vic

75c

ordinary

United

Entire

1

14.3d

New

S.

6-

6
6

95c

25c

common

(quar.)

United

S.

6-21

$4,311,183

$0.92

shares

proposal

6-

t$1.12 Vi

(George),

Corp.

622,805

$4,551,935
673,514

_

1955

5-

2

Net

...

tlOc

B

serve

United

Whirlpool

7

483,690

5-16

7-

$1.25

40c

class

Improvement,

pence

Weyerhaeuser

6-

The

Stationery Corp.—

60c

Illuminatingi.
Molasses,
Ltd.,

United

5-20

6-21

$7,805,966

120,275

________

on

6-11

$3

(quar.)

45c

(quar.i

preferred

United

&

10c

Electric Coal Cos.
United Fruit Co. (quar.)
Gas

6-10

7V2c *

Wbston

$4,190,913

45,781

share

per

31,

6-10

20c

preferred
(s-a)

;

4-21

1955—12 Mos.—1954

$4,506,154

.

deductions

•Based
March

1

90c

Extra

7-

7-15

56V<c

6-

$2

Trust

(quar.)

7-15

6

6-15

1

J25C

preferred B (quar.)
Westminister Paper, class A
(quar.)
Extra
B

Subs.)—Earnings-

40c

quar.)

Westinghouse Air Brake Co. (quar.)
Westinghouse Electric Corp., com. (quar.)__

Class

5-12

$1

25c

(quar.)

(quar.)

United

United

*

1

income...

income

•Earns,

7-15

1

Securities—

Estate

Tablet

140c

(quar.)..

common

(initial

preferred

$1.12ya
(s-a)

(s-a)

Elastic

5-31
5-31

$1.25

Ltd.

Glass,

6-15
6-15

6-

1

6-

5c

3.80%

...

Corporations, Ltd.,

United

7%

Western

t25c

_________

(quar.)

Fastner

Corp.

United

U.

5-13

1

6-15

Net

Supply—

Insurance

Real

2

8-

35c

Extra

6-

Circuit—

A

United-Carr
United

6.

$2.50 class A (accum.)
Western Natural Gas, 4%

5%

preferred
(quar.)
Carbon Co. (quar.)

United

U.

Western

Western

psymaa*

5-31

5-21

$1.10

4.80%
preferred
(Initial).
Western Canada
Breweries, Ltd

5-31

5-25

corrected

$1.20

fi-94

5-13

The

here.

$28,076,626 $24,794,795 $66,919,396 $56,659,017
23,570,472
20,603,882
59,113.430
50,193,458

& taxes

income

etc.,

This

(quar.)

6-24

1

5-31

6-20
6-

$1.50

(s-a)

common

6-10

6-20

$1.50

$1.50

Corp

6

6-

Incorrect.

indicated

Corporation and

income

Total

Int.

25c

(quar.)

6

$1.25

America,

Share.

Paper

Holding
Co., com.

Assurance

6-10

$1

5-31

$1

!

7-

5-11

Is

1955—3 Mos.—1954

revenues—

Operating

25c

(quar.)

(s-a)

New

6-13

6-20

25C

Western

1

was

date

5-31

50c

(quar.)

6-17

6-

6-20

Division

7-20

$1.12V2

(quar.)

(quar.)

Co.

&

Non¬

5-20

5-17

50c

7-

6-15

1
1

a

8-15

25c

66-

6-15

(quar.)

guarai teed

Auto

Oper. exp.

7-

7-

37V2C

(quar.)

___

&

Board

United

S.

Western

7-20

Preferred

5-27

50c

Westbrook-Thompson

7-20

8-15

1

5-16

6-15

a

35c

(quar.)...

preferred
Bond

United

U.

7-20

8-15

special

Virginia Pulp

tax.

source.

being

15c

(s-a)

Biscuit

United

V.

8-15

6%

tne

non-Kroll

20c

Parts, Ltd.—
preferred
(quar.)..

5%

U.

5-13

at

7%.

tax.

date

Period End. Mar. 31—

Operating

6-

(quar.)

6-

West

1

6-10

Indies Sugar
(quar.)
West Jersey & Seashore RR.—
Common (s-a)

5-31

3

9-

11-29

3

6-

5-10

West

6-30

5-13

9-15
12-15

37 '/2c

5-31

pfd.

common

deductible

tax

National Fuel Gas Co. (&

20C

Co.

dividend.

Canadian non-residents

tax

(Continued from page 18)

1

6-10

20c

(quar.)..

Corp.,

preferred

Disinfecting,

$5 preferred

noc

1

6-

$1.25

Coast Telephone

5-31

$1.12y2
(initial (quar.)

United Auto

U.

4-29

West

tills

1

1

9-

6-20

(quar.)

Snowdrift. $4

92'/2C

quar.)

B (s-a>
Artists Theatre

United

U.

5-14
5-20

1

Amusement, Ltd.—

Class

&

87'/2C

common

preferred

United

9

6-

6-15

b-

11-29

75c

Inc.

30c

!

convertible

United

6-

6-10

9-15

(quar.)

preferred

Services,

35c

(quar.).

< quar.i.

Co.

5-31

50c

com.

(quar.)

Tank

.

30c

.1

class A

(initial

Union Sugar

6-20

Jet

$1

Co.

Union

United

9%%

(quar.)
new

Wesson Oil

6-15

12-15

(quar.)

convertible

Welex

6-10

1

Investment News

50c

4%

6-17

6-17

5-16

25c

preferred

6-17

1

40c

(quar.)

preferred

1

6-

25c

(increased)——

convertible

income

record

5-16

35c

convertible

6-30

6-

tax.

5-25

1

$1.13

(quar.)_

common

6y«c

Missouri,

(quar.)

preferred

Mills

income

General

1

6-10
6-

42 Vic

:

6-

1

6-

50c

(quar.)

for

funds,

resident

published

0- X?

12-

25c

(quar.)

4%

1

9-10

25c

Co

Co.,

7-

6-10

12-10

25C

(quar.)—

5-13

6-J0

5-12

$1.37'/2

common

6-15
6-15

75c

funds, less 15%

15%;

and/or

(35c

com

Products Co.

6-30

2

62 Vic

D.),

Pump

7-

6-

112 Vic

(quar.)

West

(quar.)

Investment

6-10

50c

date

40c

4%
6-28

to

(quar)

Union Oil & Gas
class

equal

(quar.)

Material,

of

preferred

preferred

New

1954

share)
preferred (quar.)

(initial)

$3.70

$4.50

for

quar.)
(quar.).

tax

8-15

25c

loc

closed

Canadian

5-16

10c

(quar.)

Co.,

Knitting

&

6-10

1

20c

(reduced

in

resident

y Previous
6-30
6-

62'/2c

(quar.)

62y2C
25c

Carbon
&

Onion Electric Co.

Union

17y2C

com.

preferred

37>/2c

(quar.)

1,000

6%

tz

Chemical

5%

Street

(quar.).

Acceptance,

Union

Union

$4

(quar.)
preference
(quar.)

convertible

South

A

Weeden

Jamaica

37 '/2c

1
.

Washington Water Power
Waukesha Motor (quar.)

5-17

—_________

Co.,

(S.

5-13

2

(quar.)

(quar.)

Petroleum

6-

Less

$1.25

preferred (quar.i
Washburn Wire Co. (quar.)

6-1

x

$1.05
;

.

$4.50

$2

■_

British

5-20

$1.01

(quar.)

Ltd.

Warren

5-13

Less

1

JPayable

Other

(quar.)

Warren

1

a

6-

$1

Warner-Lambert Pharmaceutical Co.
(quar.)
Warren
(Northam) Corp., $3 pfd.
(quar.)_

6-

5-20

40c

Mines, Ltd.

Baking

51/2%

1

f3i y4c

quar.)

Iron

Co.

&

Class
Ward

$2

(accum.)

Tung-Sol Electric, 4.30% preferred iquar.)533/4c
Century-Fox Film Corp. (Del.) —
Quarterly
40c
Twfn

Amulet

Walgreen
Walker

6-

3

8-30

75C

(quar.)

(quar.i

not

S.

75c

30c

(quar.)

&

U.

6-

5-20

U2V2C

(quar.)

Cotton,

tPayabie In

1

fl2«/2C

____

-——

(quar.)
Corp. (quar.)

books

1

UOc

pieferred

Mfg.

Wayne
Wayne

Twentieth

208

6%

Vogt

preferred
Silver

(quar.)

_

Virginia Hot Springs
Virginian Railway common

6-18

—

Co.—-

6-24

Coke

7-

10c

(quar.)

preferred

•Transfer

Tube

Corp. (increased)

6-

JI2V2C

(initial

preferred

$5

8

&

20c

50c

Viking Pump Co
Virginia Coal & Iron Co. (quar.)
Virginia Dare, Ltd., 5% pld. (quar.)
Virginia Electric & Power—

$4.20

7-1

7-

Coal

1

12 '/2c

Co

Co.

$4.04

15c

6-

5-16

1

tlOc

6-

4.56%

(quar.)

B

Chemical

Common

per

6-10

Zeigiur

Zenith Radio

&

Holdert

Payable of Rec:

10%

(quar.)

Youngstown Sheet

1

6-

$1.25

—

50c

5-16

5-13

1

$1.25

.

Class
Vick

6-

$1.06'/4

$1.25

(.quar.)

—

Class B

$1.06y4

Torbrit

preferred

(quar. )^______
(initial)

(quar.)

Toronto

5%

(quar.).

preferred

Kelson

i._—_

____________

5-31

5%

(quar.)
called for

at

5-2

6-15

$1

this

Corp.

6-2
6-1

6-

20c

Syndicate, Inc..
Viceroy Mfg. Co., 50c class A

25c

1

6-15

When

Share

Yosemite Park & Curry (stock
div.)
Young (L. A.) Spring & Wire

Inc.

Venezuela

35c

12V2C

1

6-15

4y4%

Toledo

Corp.,

6-

9

60c

(quar.)

Vapor Heating

2oc

Per

Name of Company

5-20

$1.37 »/2

(quar.)

(quar.)

5-20

50c

——

July

on

plus

Oil

6-15

Mfg.

quarterly dividend)—
Timken
Roller
Bearing
(quar.)
Title Insurance corp. of St. Louis
(quar.)—
Todd Shipyards Corp. (quar.)
Toklan

6-25

Inc.

(stock

common

(quar.)

7-1

Vendorlator

(Ky.), common
par
(entire issue

redemption

Steel

Veeder-Root,

Co.

$10

Vanadium-Alloys

1

55c

(quar.)

6-10

(quar.)____

pfd.

Co.

6-

30c-

——.

—

Raalte

5-16

preferred

Associated

Finance

6%

5-28

Quarterly
Van

6-

$1.12%

25c

$5.50 prior preference (quar.)
Van De Kamp's Holland Dutch
Bakers,

6-25

Roofing Co. (increased quar.)..!

Time

Corp.,

6-30

22'/2c

(quar.)

(quar.).;—__i_.

Iron

&

6-30

(quar.)

70c

(quar.i.

(increased)

Oil

6-1

Ltd; (quar.)
Stores (quar.)

Drug

Valley Mould

Light

40c

___________

Tide

&

__.—.—25c

(quar.)_

Thompson Industries (intial)
Thompson Products, common—.—________
4%
preferred (quar.)

Thrifty

Southern

25c

(quar.),—

com.

(quar.)_-_—.

Electric

Power

10c

Co.,

Mfg.

Mills

3

6-10

(quar.) __—10c

ttnovel

Thomaston

Uian

25c

(quar.)—

Thermoid
Thew

25c

(quar.)

Oil

prexerred

.

(quar.)_—

Glass

Fair

&

common

preferred

5-26

Pipeline Co.—
————

Coal

Inc.,

Thatcher

Gas

(quar.)-

Pacific

Textiles,

The

Natural

5-12

4l/4%

—

Universal Products (quar.)
Universal Winding Co., 90c conv.
pfd.
Upson Co. (quar.)
Utah

6-4

(quar.)

Monday, May 30, 1955

Holdt)

Payable Of Rec

30c

1

Corp.

When

t25c

1

6-

common

Illinois

Share

Ltd..

6-

5.4%

Texas

Corp.,

United Telephone (Pa.) 4'/a%
pfd. A (quar.)
Unfversal insurance Co. (quar.)—________

Texas Gulf
New

Company

Steel

6-

35c

(quar.)

com.

preferred
preferred

preferred

Name of

7- 1

(quar.)

4.75%

Per

1$c

(quar.)
Eastern
Transmission,

5.50%

Holder«

12Vic

Co.

Texas

When

...

6-

2

6-10

7%

6-

The company filed a registration statement with the SEC on May 17,
1955, covering 40,000 shares of its $50 par capital stock (common), to

2

5-10

be

offered

for

subscription

at

$51

per

share

by

stockholders

of

record

Volume

181

Number 5433

Commercial and Financial

...

Chronicle
The

(2517)
June

15,

then

held).

Net

1955

with

will

any

The

program.

borrowings
30,

the

ratio

offering

proceeds

loans,

June

(at

The

be

of

is

170, p.

the

to

of

(&
j.__

Consolidated
Dividends

Earnings
—V.

deducting

pervisor;
of

outstanding

company's
bank
loans,

the

estimated

bank

representing

at

ment

tions

$2,000,000

net

he

had

Director.

at

Olin

since

in

been

Mr.

1953

programs.—V.

February
with

1955

taxes

taxes

Plans

$3,696,498
767,938
175,592

income

for

six

and

ultra-modern

Raffel

contractors

of

$592,346

before

$490,000

$980,000

restaurants

recently

by

Brothers,

$0.62

$0.30

1,960,000 shares)

restaurants

work

for

the

Central

work

previously has been handled by the
"Treasurer's office in New
York.—V. 181, p. 2121.

New

and

York

SEC

corporation

covering

(three

cents

to

net

2

filed

shares

share)

The

mining

May

8,000,000

per

City, Utah.

on

so

of

common

through Rocky

proceeds

to

are

of

end.

The

equipment

to

be

used

to

be

Each

able

restaurant

to

for

certain

with

offered

Securities,
pay

operations.

70

Norfolk & Western

Net

Net

ry.

railway
railway

from

Net

Jan.

patrons,

from

railway
railway

from

Net

ry.

Net

—V.

181,

59,932,368
13,896,188

9,544,682

4,887,277

6,622,682

2121.

p.

sales

—1

before

Federal

Lake

covering
per

on

250,000

share)

proceeds

May

shares

through
to

are

Telephone

&

10 filed
of

R.

be

S.

common

Dickson

used

Telegraph

letter

a

to

and

notification

stock
&

As

to

be

with

offered

for

new

construction

capital.

the

at

par

Kidder,
Hutzler
The

to

Peabody

bid

is

subject
mission.
The

&

99.6436

certificates

3.125%,

Co.

for

of

Anson

and

working

issue

the

May 25

bid

99.02

on

for

a

3s

group
bid of 99.14%.

and

Salomon

Bros.

3Vbs.

were

to

at

prices

maturity.

authorization

of

scaled

to

Issuance

the

yield

of

from

2.50%

certificates
Commerce
Com¬

is

to be secured
by the following new
standard-guage
railroad equipment
estimated to cost not less than
$6,450,000: two
Diesel-electric freight
locomotives; 21 Diesel-electric
road-switching

locomotives,
Other

Co.;

and

200

all

steel

box

cars.

members

L.

of the offering
group include—R. W. Pressprich &
& Co.; Baxter, Williams
& Co.; Freeman &
Co.;
Sons; Ira Haupt & Co.; The Ulonois
Co.
Inc.; Wm. E.
Co., Inc.; McMaster Hutchinson &
Co.—V. 181,

F.

Oregory

Rothschild

&

Pollock

&

2358.

p.

Nuclear Instrument & Chemical
Corp.—New Brochure

A

new

two-color

eight-page brochure describing the DS-7
Scintillation
Counting System for aerial or ground
surveying for oil or uranium
•deposits is available from this
corporation, 229 West Erie St., Chicago

I11.4-V. 181,

10,

1442.

p.

This

corporation

capital

acquisition
Robert

ficer
of

of

Net

announced

&

Ogden.

earnings

of
to

Commercial

Filters

$321,730, after
jjatent
amortization,
interest
on
depreciation and taxes.

for

the

charges

to

ended

year

income

financing

recently

Jan.

31,

$672,493

of

for

consummated,

Lovelock,

:are

ago.—V.

tjjjjphio Oil Co.

U-

sales

"Cost

of

and

other

and
operating
depreciation and

Provision

for

Federal

Robert
the

started

Earnings
Net

per

47,058,123

5,478,290

4,689,112
3,504,740

tax__.

on

4,214,466

outstanding

common

___

share

$1.58

paid (per share)
products (barrels)
processed at refineries

Miller,

effective

oil

Working
increase
the

capital

of

securities

amounted

$7,947,000

were

(barrels)

to

the

quarter.

March

on

quarter.

$8,822,000,

8,271.000

3,617,000

$76,538,000

during

increased

$0.75

9,002,000

totaling

Cash

3,483,000

31,

and

$51,563,000

1955, an
short-term

at

the

end

The

stockholders on May 5 voted
approval of a management
pro¬
posal to increase the number of
authorized shares of common
•stock without par value
capital
from 7,000,000 to
20,000,000 shares. Following
this
approval,
the
directors
declared
a
two-for-one
stock
■which will be effected
split
by
sit

the

close

2held.—V.

of

181,

mailing
business May 16,

on

June

8

to

additional

one

stockholders

share

for

1314.

p.

of

record

each

in

$299,319

$1,328,256

Co.—Registers With

The company filed

1955,

$0.83

$0.86

dividend

include
which

only

offered

be
Net

«nd
■will

proceeds

to

be

the

public

are

V.

to

sale

be

at

used

under

the

prepayment

competitive
to

share

all

181,

$20,000,000

for

Cole

has

been

named

charge of

the advertising of
Hunter has been
appointed

fcas been
Mr.

named

Cole

on

Assistant

Aug.

31,

all

the

* "

due

on

June

May 23,
1, 1985,

expenditures incurred
construction program, and

company's outstanding

to

1956,
.

Olin Mathieson
Chemical
Robert

the SEC

of

finance

expenditures

1778.

p.

of

made

Construction

SEC—

bidding.

part

pay

company's

of

(approximately $6,800,000)

expenditures.
500,000 for 1955,

fc

with

mortg€gfci)bndsI

incurred

include

Joans
such

for

and

are

bank

temporarily part of
estimated

$27,000,000

for

at

$31,-

1957.—

of

181,

will

be

in

the

corporation's divisions;
Henry H.
Publicity Manager; and William F. Leonard

Director

of

1954, became




Public

Relations.

Advertising

and

Sales

50%

of

the

181,

received

before
after

will

full

to

received

that

is

rate

based

natural

out-of-state

of

in

earn

involved

in

were

of

the

the
in

average

the

rate

the

and

million
the

El

Paso

terms

El

Natural Gas

letters

Paso

cubic

total

of

feet

volume

of

Natural
of

the

of

of

intent

additional

out-of-state

♦Earns,

sub¬

rather

by

deal

the

be

to

bring

parties

to

imported to about
is apportioned on

two

which
The
of

was

in Colorado

authorized

primary

natural

gas

by

and

the

New

Mexico to

Federal

of

supply

this

pipeline

to

purpose

the

the

Power

northern

is

to

would

livery

made

additional
California.

to

In order to

bring the additional

Gas

proposes to parallel
the
California

to

San

its

border,

June
an

$299,836

386,981

139,621
139,621

,

1 082 167

290,856*

Coke Co.

(&

Subs.)—Earnings—
1955—12 Mos.—11954

40,324,268

5,859,266

2,664,539

15,474,739
10,196,369

150,000

600,000

393,002

1,610,168

1,572,242

5,511,348

5,267,838

$4.93

12,382,992

$4.71

12,508,547

$11.07

pend¬

38,590,855
14.218,
9,691,367

600. OCO

litigation
60,000

60,000

to

share

has

111,836
the

on

set

a

price

shares

basis

of

of

one

of

$140

capital

share

per

stock

share

new

oversubscription privilege).—V.

to

$11.18

its

on

proposed

shareholders

for

each

p.

of

record

2244.

181,

10

shares

held

(with

Ry.—Quarterly Earnings—

Three Months Ended
March 31—

1955

revenues

expenses

tax

Equipment

IQ'vl

$1,512,148

$1,609,733

1,019,853
219,458

1

accruals-!

1.047,688

;

joint

90,481

facility rents

206,964
142,325

$182,356

and

$212,752

domestics source

income

36,033
Total

Juan

$218,389

Miscellaneous
Total

San

31,235

income

deductions
charges

fixed

El Paso Natural

the

487,468

14,334,645

stock

of

2

Other

from

taxes

on

Operating
Operating
"Railway

area.

line

1954

inc.

6,680,524
2,897,627
150,000

Peoria & Eastern

Pacific Northwest,
last year.

a

into California,

gas

the

1955

$874,341

bil¬

supplement that domestic
supply
prolific Peace River area in Canada.
Juan
Basin
gas
available for .de¬

present

and

Subs.)- -Earns.

taxes

468,418

for

company

offering

the

However, it is now proposed- to
with importations of
gas from the
This

5

Sets Price of
$140 Per Share for New Stock—

Commission

provide

2
5

~

inc.

inc.

taxes__

applicable

per

The

cubic feet daily.
The additional gas
a
fiftyfifty basis between the Northern and
Southern California
distributing
companies, the Southern companies to
get
225 million cubic feet
daily and a like amount
going to the P.G.& E.
The proposal hinges
upon the completion of the
pipeline from the
San Juan

Basin

Tyson.

Corp._

Co..

1,118,367 shares of capita! stock
to reflect
outstanding. iRestated.
subsequent adjustments
pertaining to rates, taxes and re¬
lated items.

undertaking to deliver 450
daily into California, swelling

to

&

5

41,155,972 148,750,282
135,571,136

interest

♦Based

decisions.

is

gas
gas

lion

signed

Co.

&

4

4

15,767,917

Fed.

subs,

common

Co.

Gas

Securities

1955—3 Mos.—11954

requirements

Balance

3

3

45,114,574

rate

Minority

the

number

5.75%

three-way

5»A

5
5

Co._____

Wholly-Owned
before

&

proceedings

California, as announced May 12 simul¬
taneously by the corporation's two
distributing subsidiaries, Southern
California and Southern Counties Gas
companies, Pacific Gas & Elec¬
tric Co.
Under

by

ing

promptly

that

of

recent

&

White, Weld

before

but

taxes

Res.

for

v.

(&
and

1955.

$15,000,000,

anticipation

at

permitted

into

gas

part

on

the

on

will

return

gas

first

Corp.

depreciation

income

divid.

12 that each of
increases which be¬

increases

Union

4

5

etc.

Pfd.

the

Rhoades & Co.

Townsend, Dabney

5

Co
& Co

depreciation

before

taxes

May

rate

these

share

per

corporation

6%

on

5

income

Profit

them,
of

'

shares outstanding
181, p. 1676.

Federal

approximately

$2.60

This

the

Canadian
more

had

and

out

to

such

Moore, Leonard &
Lynch_
Paine, Webber Jackson &
Curtis
_I
Schwabacher & Co.Smith, Barney & Co._I_I~"

3

Inc.

severally

sell

as sha11 not be subscribed

McCormick

5 »/2

—

—

have

to

below,

Carl M. Loeb.

2

Co

Peoples Gas Light

Corp.—Reports Improved Earningspointed

below

agreed

3

&

Period End. Mar. 31—

548.

p.

named

has

construction
will

has

Loeb & Co.
Lehman Brothers

profit
Number of

deposit

181,

It

West

""

■/

2

Net

r-V.
program

&

Penn-Texas

voting stock is

16

markpiL

Kuhn,

Period Ended March 31—

from

Sept

for

cement.

2122.

p.

Profit

1314.

p.

above.—V.

January

shares.
of

the

from

income.

$243,9864

2,310

2,467
53,789

44,790

Basin

California

companies will build
pipelies to transport the gas into
distributing centers. Cost
the projects has not
yet been
determined.
Time-table of deliveries calls for
receipt of 50 million cubic feet
daily by the Southern companies
by Nov. 1, 1956; 75 million daily
by
Nov.
1,
1957; 25 million daily by Jan.
1,
1958; and the final 75
million daily by Jan.
1, 1959.—V. 181, p. 2121.

$171,289

Promotion

-V.

Pan

American

This

World

Airways, Inc.

Notes

—

Placed

$187,792

$136,500

stock

The
of

through Lehman Brothers and Hornblower &
Weeks.
Arrangements have also been made to sell to the
additional

$34,800,000

before July 1, 1956.

or

their

notes

are

complete

subject

to

retirement

holder

T.

Trippe,
change

no

annual

during the

the

may

announced

present

1966

on

be

rate

3%%

the

on

deferred

schedule

24

of

to

effect

Upon

$125,006'

one,

date

a

of

repayments

corporation and its domestic and Canadian
sub¬
for the first
quarter ended April 2,
1955 are estimated at
$2,858,000 after provision for income
taxes. This compares with earn¬
ings for the quarter ended
April 3,
1954 which were reported
at
$1,404,000.

consolidated earnings
share on the 2,190,021
public on April 2, 1955

per

the
for

the

quarter

standing.—V.

for the

shares

p.

April
2244.

3,

compares

1954

subscribe

(par value $1)
share

for

and

with

in

63

2,217,044

on

represent

the

cents

shares

$1.31

hands

of

share

per

then

out¬

Stock Offering Under¬
offering its stockholders
361,282 shares of capital stock

for

at $27.75
each

1955

six

share on the basis
shares held of record
per

of

one

The offer,

PROCEEDS—The
stock

will

$8,000,000
and

the

proceeds

be

added

to

be

to

used

remainder

to

from

the
to

Demand

the

sale

of

Co.,

The

Inc

3 Vz %
of

The

Cement

augment

Federal

payable

to

Federal

Portland

Co., Inc. payable to
due Dec. 31, 1955

3%%,
Capital stock

this

additional

corporate funds,
with
outstanding
lndebtednes to
working capital.
PRESENT

a

(par

value

$1)

be
to

by

statement
$1.40

with

is

added
use

share.

named

to

on

'

the

are

working

primarily

additional

Vi

Mh'

•

•

cf

Division-—;1*''

capital.

to
increase
from others,

assets

.
•

price

underwriting

principal underwriter.

company's

funds

of

subscription

as

the

re¬

or

,

'

'

keep pace with the rapidly
increasing demand for electron tube's
transistors, this corporation has created a.

known

new

the

as

Mr,

of

Lansdale

Philco

Carmine

government

market

industry,

the

on

commercial

transistor

produce

both

Philco

production

equipment.

which,

the

it

first

be

special equipment
applications for electronic
almost

daily."—V.'181,

p.

on

to

b©

Carmine,
of

both

manufacture

will

vacuum

and

tubes,

transistors,
'*
„

main
and

plant
is

a

at

to

supplier

Pa.,

has

of

tubes

been
and

industry.
Many new develop¬
and
Engineering Laboratories are

meet

requirements

these

among

is

announced,

transistorized
1956

tubes

Lansdale,

major

and

recently

completely

H.

requirements

division

tubes,

Research

lines

Division

James

devices.

Notable

was

Co.,

May 22.

mounting

new

ray

government

from

on

the

this

division, with its
subsidiary since 1947
to

Transistor

meet

range of cathode
other semi-conductor

coming

going

&

announced

"To

new

Philco

ments

and

Tube

Corp.,

said:

wide

a

and

transistors

will

SEC

preferred

consisting

The

as

the

such

acquisition

*

President

a

the

dividend prior

amendment,

Co.

Philco Corp.—Forms New
and

Chrysler

and

the

has
auto
and

transistors

for

military

and

'Surface-Barrier'

enabled

Philco

to

radio,
and
which
Imperial cars. New

are

being

discovered

2017.

Phillips Petroleum Co.—To Build New Unit—

about

banks

FINANCING

This

former

May

25

company
unit

by

will

construct

a

16,GOO

at its Kansas
City, Kans.,
K. S. Adams, Chairman, and

barrel

refinery,
Paul

new

per

it

day
was

catalytic

re¬

announced

Endacott, President.

on.

Th©

high-octane gasoline for the new more
powerful automobiles. Con¬
struction, to be handled by Procon, Inc., is
expected to begin late this
summer
with
completion scheduled in the spring of 1956.
In

addition

to supplying refined
products to the Kansas City area,
Phillips' Kansas City refinery ships much of its
output through th©
company's Borger, Texas-East St. Louis-East
Chicago products pipeline
and connecting system to
Phillips' widespread marketing areas in the
Midwest and Great Lakes
regions.
Besides high-quality motor fuel and lube
oils, the refinery .supplies
Jet fuel, high-octane aviation gasoline,
kbrosene, a full line of heating
distillates, diesel fuel, heavy fuel oil, asphalts and road
oils, and
liquefied petroleum gas. The company's modern lube oil
manufacturing
plant at
Kansas
City produces Phillips'
new
all-season
trop-arti©

motor

oil.

To Build New Plant in Texas—

bank,

Cement
a

capital

Outstanding

Portland

$300,000

..

Note

of

company's
retire

Authorized

note

common

&

.

—

May 25,
which expires at the close of business
June 10,
1955, is being underwritten by Dominick &
Dominick and associates.
1955.

to

the

of

.

Penn-Dixie Cement Corp.
written—This corporation is
to

quarter

outstanding

which

ended

181,

first

one

intends

for

or

shares

60,000 shares of common
stock (10c par).
offered for public sale
on a unit basis

supplied

are

company

"The

Corp.—Earnings Up Over 100%

this

sidiaries

The

and
be

registration

and

...

not

company
to
banks

a $59,000,000
credit agreement
arranged in 1953. The
the existing bank credit
was
reduced, by agreement,
33/*%, he added. The new loan is not a
refunding of
but entirely new
financing, it was indicated.—V.

Paramount Pictures

to

proceeds

diodes

Earnings

is

both.'

To

the

181,

2122.

a

60,000

Johnston, Lemon

note¬

to

that

to be

are

preferred

units

The

filed

covering

,

1980.

on

from

old

to

May

participating in
interest
to

notes

sinking fund scheduled
years

payments

President,
in

one

the

ceivables
an

consent, sinking fund
later than March
1, 1995.

plans

shares

Net

of these

1955,

($18 stated value)

terms.

same

an

864.

p.

corporation

May 23,

Privately—The corporation, it was announced on
May 26,
has sold
privately $25,200,000 of 3%% promissory notes

purchasers

181,

Personal Industrial
Bankers, Inc., Washington, D. C.
—Registers With Securities and
Exchange Commission—

.

Cement

Advertising and

dividends

&

Ripley & Co.,

Hutton

Profit

new

CAPITALIZATION GIVING EFFECT TO

'

Corp.—Officials Promoted—

Director

the

exactly

—V.

requirements.

planned expansion

President,

$2.55

common

new

a registration
statement
covering $15,000,000 of f-irSr

to

E.

$1,370,861

$0.18

improved earnings for the
earnings for
1955
are
of

than

rights
Oklahoma Gas & Electric

Harriman

1,980,861
610,000

stock

Sachs

(

5

Bonbright

Kidder. Peabodv

347,000

subsidiaries

in

sidiaries

$1.55

$0.75

——

oil

B.

First Boston
Corp
Foster & Marshall

1,675,256

a

Nevada.—V.

W.

reflected

$10,378,814 $10,185,61?
6,563,377
6,563,377

dividends

crude

•Crude

of

45,718,480

amortization

D.

Goldman,
W.

on

preparing

4

Co

______

1955—9 Mos.—1954

Delaware
mortar

indicated

stock

10

__

Inc.

Co.

plant at Newark, Calif., which
products.
Gypsum rock for this operation
the
company's
recently acquired mineral

corporation's

come

p.

Net
income
•Common shares

•Cash

1954

$65,790,050 $65,437,588

expenses

income

&

Co.,

George

52,000

company's

Pacific Lighting

Juan

1955

Income

sales

Depletion,

year

1079.

p.

(& Subs.)—Earnings Higher—

3 Months Ended March
31—

Net

current

181,

&

dining

$0.34

National Can Corp.

The

the

Blyth

provide

the

%

& Dominick

Co..—____

V

in

percentage

rfghts™*1 capilal

of

Weeks

-.

Other

Mr.

Fielding said that incoming orders to date for
substantially in excess of those of a year

will

space

leisurely

■

Ga.;

The underwriters
and the corporation

•

Pacific Can Co.—Dissolution
Approved—

of

were

amounted

1955,

23

Chief Executive Of¬
Commercial Filters.
Others elected directors
Charles Allen Jr. and F.
William Harder, of
Investment bankers, New
York; H. William Larson, of
Larson, Boston, Mass.; and M. L.
Sindeband, Vice-Presi¬
director

a

Co.,

Tonneson

May

a
wholly-owned subsidiary.
Fielding will continue as
President,

subsidiary
&

dent

of

as

L.

and

the

Allen

on

that it has purchased all
and
patents of Commercial Filters
Corp., Melrose,
industrial filters, and that
it will operate the new

stock

makers

Counter

dine

is

wiiiio^UrI?
Kraus_______
®lair &

be

$7,300,197 $22,536,172 $23,149,686

additional

the

near

will

Clinchfield,

and

of

Ogden Corp.—Acquires Industrial
Filter Firm—

Mass.,

Dominick
Ba

cement

Des
Moines
Iowa*
N. Y.; Bath,
Nazareth (two) and
West WlnL
and Richard
City, Tenn., with a total
annual
barrels.
Installation of an
additional kiln atscheduled for
completion by Sept.
1, 1955
is ex¬
aggregate
annual
capacity to
15,651,000 barrels.
are located at 60 East 42nd St.,

increase

by^xercise

Total

&

the

Interstate

County,

gypsum

agreement,

offered

according
to

the

shortly be
obtained

at

net

Equipment Trust Certificates
of $5,160,000 second series 3%
serial

on

Portage

which

to

in

manufacturing,

826,000

respective

apart—

251,319

share

from

($1

The

—

award of the issue

expected

Cleveland.
foot area, and

at

a^?ElRWRIIi?RS
efvfrfu
.pur^ase>
severally
in the

$300,000.

miles

14

incorporated

of

portland

61

°Yorkr 17 'nS eXeCUtive officers

New

is

$536,245

part of

a

will

SEC

equipment trust
certificates, maturing annually June
16, 1956 to 1970,
inclusive, was made on May 26 by a
group headed by
Halsey, Stuart & Co. Inc. The
won

and

712,245
176,000

taxes™

com.

Estimated

Offered—Offering

$7,878,277

deducting preferred

equivalent

Northern Pacific Ry.

pected

of

1955—3 Mos.—1954

inc.

manufacture

18,966,253
8,818,932

Charlotte, N. C.
outstanding stock

time.
can

30

business

located

of

Petoskey,

Turn¬

Inc.—Quarterly Earnings Higher—

owned.

68,126,090

Co.,

purchase

Co.,

of

sites—about

8,100-square

one

others

NOTES—The results above
Fibreboard Products Inc. in

See

company

130

__

Fed.

income

Net profit
"Earns, per

North Carolina
Telephone Co., Matthews, N. C.—Files

The

an

at

par

1952

9,205,302

the

>'_

Profit

incident

1953

52,944,457

capacity

cost

will

corporation,

the

distributing

Petoskey, Mich.; Buffalo,
field, Pa.; and
Kingsport

operate

designers

in

engages

The

the

at

Salt

expenses

61,793,588
17,562,691

income

ODer.

while

be

1—

said

cover

customers

Quarter End. Mar. 31—

$16,878,920 $13,377,861 $15,854,321
$15,639,483
5,742,443
2,786,585
4,501,239
3,689,601
3,135,068
1,425,462
2,170,360
1,756,552

income

oper.

From

Cross

1954

Ohio
will

route

installation

room.

Ry.—Earnings—
1955

will

200

serve

"After

April—
Cross from

1926,

selling and
10
plants,

Central's

notification

stock

and

in

Pabco Products

Mountain

new

which

Ohio,

entire

year's

taxes

letter

a

the

and

Mahoning County, near Youngstown;
Akron; and Cuyahoga County, 15 miles south

Newman Cranium &
Development Corp., Gallup, N. M.
-—Files With Securities and
Exchange Commission—
The

along

company,

Youngstown,

BUSINESS—The

,

Public

"Olympic Houses" will be situated at three de
luxe auto service
"plazas"—with a restaurant on either side of
the road.
Leroy Raffel,
President of Raffel

Central RR.—Stock Transfer
Agent—

disbursement

this

Inc.,

The

are

dividend
subsidiaries.

Publicity Su¬

Assistant

as

commercial
kitchen
installations.
of the
dining places, to be called "Olympic
Houses,"
begun.
Only 21
miles
of
the
241-mile
Ohio turnpike
far,
but
completion
of
the

already
open

$1,207,813
1

Company announced on May 19 that on or about
July 1 the Chemical
Exchange Eank, New York, will act as its
agent in handling stock
transfer and
its

Advertising

Construction
has

Corn

This

Product

joined the Public Relations
Depart¬
administer the
company's community rela¬
p. 2121.

Brothers,

-of

Grant

been

Leonard
to

181,

revealed

were

them,

$5,136,515
2,252,053

_

income-

on

on

pike

1954

1,044,245

—

—

New York

had

at

Subs.)—Earnings Gain—

earnings
(on

Hunter

and

Relations

construction

2596.

p.

Mr.

are

share

per

180,

Manager;

Olympic Commissary Co., Chicago, 111.—To
Build—

3 Months Ended March 31—
sales and other income

before

shares

seven

985.

Net

Earnings

each

the

is

purposes,

New Jersey Zinc Co.

Estimated United States

for

reduction

applied

amount

construction

1955.—V.

to

being

shares

new

underwritten.

applied

excess

approximate

for

two

not

>

.

$300,000

■

This

company will construct a natural gas liquids extraction
plant
County, Texas
according to K. S. Adams, Chairman, and
Endacott,
President.'
The
plant,
which
will
have
an
initial
capacity of 33 million cubic feet of gas per day, will be
located apnrnximatelv three miles west of
the City of Andrews.
in

bank,

Andrews

Paul

250,000^

3,000,000 shs.

250.000

2,528,971 shs.

The

will

plant

new

the account of the company and 60,000 shares for the ac¬

by an extensive natural gas gathering
remote gas booster station in the north¬

fed

be

will include a

system which

count of

natural gas for processing
through the plant's high pressure absorption facilities. These facilities
will serve the Deep Rock, Ellenburger., Fuhrman-Mascho, Shatter Lake,
San Andres and other pools in the general area.
Phillips has been a developer of natural gas liquid extraction plants
and gathering systems in west Texas for 25 years.
The new plant will
be the second natural gasoline plant constructed by Phillips in Andrews
County and will bring to 11 the number of these plants operated by
Phillips in west Texas and southeastern New Mexico.—V. 181, p. 2245.
Andrews-Magutex

east

gatner

to

area

PROCEEDS—The

from

Gross
Net

Net

ry.

railway

The

May

From

—V.

income

oper.

181,

89,136

47,836

681,077

766,858

710,189

the

132,671

119,353

it

241,301

202,208

to

Manufacturing

Co.,

associates

Weedon & Co. and

Sold—Crowell,

the

will

balance

and
used

be

BUSINESS—The

exclusively

Manufacturing

was

company

the

in

general

manufacture

facilities

corporate

Arkansas

and

For

ended

year

amounted

City,

429,072

shares

split-up

in

of

common

April,

sales

totaled

cents

per

Weedon

&

in

Co.

William

are;

Staats

R.

&

Co.—Bonds Offered—An

Power

for

Boston

Corp.,

the

bonds

102.02;

3%s

as

were

Corp.,

Higginson

Lee

101.64;

Inc.^ 101.5291; Dillon, Read & Co. Inc., and
(jointly), 101.40)9; Lehman Bros., Stone &

Co.
Co.

Corp.

and

Ripley

Co.,

&

The
and

Union

Securities

Inc.,

bonds

new

(jointly),

Corp.

from:

received

The

Halsey,
Johnson,

other

Webster
and

unforeseen

at

redeemable

are

31.

1956

from

ranging

prices

100%

to

and after June

on

has

public

of

note

stock

May,

shares

other

of

finance

to

to

in

and

related

of

which

facilities;

distribution

an

1,360,000

the

to

stock,

will

$25,600,000

&

Co.

and

used

be

equipment;

The

facilities;

and

EARNINGS—Operating
$51,949,000

amounted

to

in

the

For

against

$6,438,358

CAPITALIZATION

increased

revenue

1954.

GIVING

from

calendar

1954

TO

Blair

♦First

&

&

due

Dec.

1,

1974.

Aug.

1,

1975

due

Aug.

1,

1977

series

due

Jan.

1,

1983

due

May

1,

1984

2%%

series

due

May

1,

1985

314%

series

due

Mar.

1987

M.

Jun.

1,

1990

able

on

3.60%

before

or

pfd.

cum.

Common

stock

•'•■Additional
and

April

stock
($10

is

amount

limited

at

any

to

of

the

with

provisions
further

company's

time

charter to
outstanding.

as

of

$125,000,000

The

named

purchasers

have

below

set

forth

This

than

Dillon

Merrill Lynch,

Equitable
_

Salomon

Bros.

&

The

from
in

1,175,000

underwriters
the

the

mon

company

named

at

the

following respective

stock

not

Dick

Read

subscribed

Johnston,

&

below

have

subscription
percentages,
for

by

W.

R.

the

Co.

Lemon

&

severally

Co

13

Jones,

13

Co._T_.—!

6

Kreeger

—V.

131,

p.

2122.

&

Offered

&

which




$4,660,593,

3.50

Inc

Co.,

3,00

Co.,

&

2,00

Chapman

J.

M.

R.

J.

H.

I.

J.

Agee
Dain

&

2,00

2,00
1,00

Inc

50

Co
&

Overton

A.

Co.

Co

&

Edwards,
Josey

&

Leach

&

50

Co

50

2359,

named

below,

for

whom

amounted to $21,814,272, an increase of $1,665,
previous.
However, on a comparable bask

the

,

the

in

source

1955

increase of $199,262

an

The

1954.

_V.

such

$1,954,163 or 9.8%.
four
months ended
April

$1,677,086,

Blair

com

equa

respectively.

$1.88,

(as no revenue

latest period),

operating

rev

increased

For

for

amounted

year

a

from

obtained

were
enues

-

over

against

1955,

30,

$288,813 of temporary surcharge billings excluded

with

The

authorized

share

April

or 13.6%
over the previous
President, reports. This was

of $558,213

McLaughlin,

revenues

8.3%

or

ended

months

12

Frank

common

a

Operating
350

,

authorized

stock

$2.14

to

the

increase

an

parable period,

months'

four

30,

13.5%

or

earnings

1955,

per

the same

over

share

common

totale
period o

income

net

77

were

cent

68 cents for 1954.
Operating revenues for the fou
$7,965,344, exceeding a year ago by $834,393 or 11.7%

against
were

181,

2018.

p.

Hentz

H.

newly-designed

Two

j'

color

Co

were

announced

President,

"Seville"

the

instruments,

the

21-inch

re-styled

RCA

Victo

greatly simplified electronic cir
Robert A. Seidel, Executive Vice

featuring
4 by

May

on

Products.

Consumer

of

One

completely

and

receivers,

television

cuits

10,000

lowboy

consolette. has

a

sug

5,000

gested list price of $795, the industry's lowest for a 21-inch compatibi
color receiver. The other set, the "Director," is an open face consol

5,000 "

&

with

Co

Hirsch & Co

•

Corp. of America—New Receivers—

Radio

Seidel.

5,000

Newburger

8,000

sumers

Straus, Blosser & M.cDpwell_10,000

8,000

Stroud & Co.

&

Co

3,000

"Limited

tributors

;

list price of

suggested

a

3.000

Inc

Co.

&

quantities

in

early

tion

and

The

quantities

but

June,

the

will

shipped

be

few

next

to begin

expected

are

will

receivers

new

within

country

dealers

"Retail

$895.

the

of

the

across

Announces

IncL_____
13,000
Suplee, Yeatman & Co., Inc. 3,000
Zuckerman, Smith & Co
3,000

to

weeks."

offering

dis

said

the sets

to

Mr
con

limited."

be

of Five-Building Administra

Completion

Engineering Project—

corporation

May

on

announced

6

completion,

the

at

Cherr

N. Y., of a new five-building center that houses administrate
engineering facilities for RCA consumer products and the RC

and

The

field

termination

the

at

the

of

pffer

„

e

not

are

sold

on

Inc.,

sale

of

the

standing

note,

interest,

1955,

$10,200,000

to

will

1959.

the

1956,

be

in

balance
for

call

and

used

for

to

the

first

part

of

$6,800,000

in

of

a

total of 325,000 square fee

formerly were located in Camden and
RCA's Engineering Products Division,

Ralston
This

Purina

still

Co.—Calls

Preferred

has called for redemption

company

and

outstanding

Gloucester, N. J.
well as variou

as

maintained

are

Shares—

July 1,

on

downtow

in

all, of i

1955,

3%%

preferred stock.
Payment, a
$106.4375 per share,
representing the redemption price plus accrue
and unpaid dividends
to the redemption date, will be made at th
Chimteal

V.

Corn

181,

Bank,

Exchange

2245.

p.

30

Broad

Street,

York

New

City.

V';;

.

-sales

Net

profit

Net

profit

For

in

,,

BUSINESS—The

company
is
the
largest electric utility in New
and,
with
its
subsidiaries
New
Hampshire
Electric Co.
Kittery Electric Light Co., operates, with a minor exception, a
single integrated system furnishing electric service in the cities of

before
after

tax__

91,045

73,31

$0.02

taxes__

215,04

21,815

—

$O.G

shaie„__:

per

the

nine

$147,474

,

1954

$13,630,175 $12,543,93

Earnings

Such

was

1957.

Brothers, Inc.—Sales Up—Earnings Lower—

Quarter Ended March 31—1955
Net

plus
short-term

$11,700,000

Reeves

'

the
out¬

an

construction.
of

buildings have

Corporate Staff
activities,
Camden, N. J.—V. 181, p. 2123.

$2,247,658

payment

expenditures

wa

number

from

redeem

of

amount

financing

for

total

company

to

which

presently 'issued

„■

the

three story

and

construction

which

upon

J.

RCA

offer

"

the

interim

estimated,

in

bears

received by

be

stock

incurred

presently

as

employee

all employees.

due

and

borrowings

each

by

common

4%%

accrued

bank

new

by

for

proceeds

N.

Cherry

respectively.

subscriptions, shares will be allocated to
nearly as practicable in the ratf<5 Which the number
for

installation,

Hill

Hill buildings house the executive, administrative ai
engineering staifs of the RCA Victor Television Division, the RC
Victor Radio and "Victrola" Division, and the RCA. Service Compan

employee

as

Cherry

Merchantville,

space.
The

.

the subscription

to

pursuant

'RCA

and

The two
of

,

subscribed

months

which

ended

reflects

March

tax

31,

carry

1955, net profit after taxe
back and adjustments mad

during the first six months of the fiscal year.—V.

and

Manchester,

Nashua,
Portsmouth,
Berlin,
Dover,
Keene,
Laconia,
Rochester, Somersworth and 172 other municipalities having
population of about 418,500, or about 79% of the total population of

Franklin,

purchase

ute

and

towns

They

sell

in

%

Maine,

to

Hewitt

the

electricity

to

March

$23,118,670

31,

figures,

1S55.

and

sell

and

of

show

181,

p.

750.

per

the

to

other

14

towns

service

In

utilities

Vermont

electric

Brewer

&

Becker

2

2

appliances.

common

year

share, for

Pfd

mortgage

stock,

ended

$3,705,200,

GIVING

EFFECT

Dec.

TO

1954,.

31,

$1.24

or

a

*;

$100

par

Inc.,

Los

Dempsey-Tegeler

&

dividend

♦The

stock

($5

par

Outstanding
$49,924,000

300,000 shs.
75;000 shs.

5,000,000 shs.

2,891,110 shs.

issuable is unlimited but is subject to certain

to

purchase

of such

46

shares.

of

of

underwriters

from

the

the

reported consolidated net earnings
for the six months ended April 30,
The

cents

for

second
the

In

comparison,
half of the previous fiscal year
$1.60

or

share

per

quarter

first

accounted

quarter based

of

$826,99

1955

for

on

n

$1.04,

a

equivalent num
consolidated net earnings for the fir
were $882,304 on net sales of $19,669

adjusted

for

the

on

551,168

shares

now

ou

standing.
The Outcome
Reeves

Pulley

March*-1,
The

-

for

the" half-year reflects but two

Company

division,

which

was

months

acquired

as

of

the

ne

recently

1955.

consolidated

Electric

balance

&

sheet,

which

includes

for

the

first

tim

Engineering

(Canada) Ltd., indicates net wort
represents a book value per share of $31.60 o
the number
of
shares
presently outstanding compared with $29.
per share at the end of fiscal 1954 on a lower number of shares.

$17,416,801,

V.

181, p.

which

1206.

Reserve
This

Oil &

company's net

company

413,016

shares

named

the
of

below

following
the

have

severally

respective

common,

stock

as

per¬
are

the

first quarter of

per

UNDERWRITERS—The

centage

from

of

restrictions.

agreed

share

$18,443,836.

102.000 shs.

value)

amount of bonds

per

of.

Reliance

series

Common

ber

has

company

$1.50

increase

were

FINANCING

series_____,

dividend

value)

revenues

share.

PRESENT

bonds.

cumul.

The
or

sales

565,

the 12 months ended

Authorized

♦First

small

for the company, and its
acquisition June 1, 1954, according
total of $24,277,252 and, net Income of

3
*

distrib¬

six

revenues

13
Lukens

and

and

Reliance Electric & Engineering Co.—Earnings—

their

a

income

CAPITALIZATION

small

operating

For

net

six

date

$4,018,152, equal to $1.36

6

Fenner

sell

and

since

unaudited

4

&

Coe_

also

electricity

EARNINGS—Electric
subsidiaries

4

Rohrbaugh & Co

Instruments,

—

-

Kidder, Peabody & Co. and Blyth &
syndicate that will purchase any un¬

a

shares

to

Beane

Rouse,

Radiation

Stock

subsidiaries.

two

previously

.

such

state.

Angeles,
Co., St.
Louis, Los Angeles and Chicago on May 24 publicly
offered 225,000 shares of common stock (par 50
cents)
at $5 per share. Of the shares, 165,000 were offered for
—

8,000

p.

for

income

Net

630,000 shs.

Kormendi

4.50%

Precision

181,

V.

also

See

&

Inc.

Sterne,

6,500
6,500
6,500

Co

&

ha

6,50

Co

&

Farwell,

10,000

Walker

H.

Arthur M. Krensky & Co.,
Inc.

3.35%

Calif.

G.

M. M. Freeman & Co. Inc.__ 3,000

Co.___10,000
p. 2359.

PROCEEDS—Net

the

Lynch, Pierce,

Robinson and
13

—_—

Dean Witter & Co
Kormendi

10,000

Company

pre

new

purchaser

Bosworth, Sullivan

Beane

&

&

5,000

(Inc.)

subscribed

1,000,000

Goodwyn & Olds

&

the

of

each

follows:

as

Cooley

Pierce,

Spencer Trask & Co..
W. C. Langley & Co

5,000

shares

Co.

warrants;

13

Folger, Noland-W. B. Hibbs &
Co.

all

a

agreed

Inc

Sons

which

are

The offer

Share

Webster Securities

&

Shields

EMPLOYEES—The company is also offering* td its regu-«
employees and those of its subsidiaries (including officers

subscriber

1,000,000

Co.—

■

Merrill

&

1,000,000

'

Mackail

Ferris

1,150,000

price, as nearly as practicable
the shares of additional com¬

holders of

Alex.

&

Co._$l,150,000

Pressprich &

Auchincloss, Parker & Redpath_ 8
Brown

of

,

The

severally

Merle-Smith

%

Dillon,

of

stock- "

principal

_

&

Hallgarten

Hutzler

&

Corp.

1,175.000

1,175,000

;

purchasers

shares

10,000

Corp.

privilege expires at 3:30 p.m.' (EDT) on June 7,
such employee may subscribe for not
JeSs and 5 nor more,
shares.
In
the
event
there
are
not
sufficient shares to

50

each

Securities

Pierce,

.4

,

Hampshire

Eastman,

Fenner & Beane

of

the company

Brothers

Fenner

Stone

subscription

satisfy

below:

Kidder, Peabody & Co.__$l,175,000

White, Weld & Co

time

offered

costs,
—

Varick

&

Outstanding

preferred

no

First California

3,000

___

Co.—

shares

TO

1955. Each

amended

thereof.

action

the

of

names

number

the

and

Lynch,

5,000

181,

.4

issue of May 23 of the publi

our

Glore, Forgan & Co
11,000
Equitable Securities Corp.. 10,000

Sold—The

stockholders.

to

225,000 shs.

without

company's
eliminated

now

40,000

7, 1955.

above

15,000,000

indenture,

on

excluding directors as such), the privilege of subscribing, at $16.75"
share, for an aggregate of up to 10,000 of the 413,016 shares-

per

5,628,700 shs.

the

stock

5,000

&

.4

.4

Friedman

Shares

FINANCING

their respective names;

—

V.

also

full

but

purchase from the company the respective principal amounts

bonds

new

issued

be

the

by

one

UNDERWRITERS

agreed to

compliance

on

Co

&

Co

&

Company
H.

begun in February, 1954, is located on a 58-acre tract between Haddon

lar

400,000 shs.

under

issued

,

Inc

&

Shontell

Cook

&

Forgan & Co. and associates.
completed. Further details follow:

was

V

Fairman, Harris & Co., Inc. 5,000

Co.,

2.42

made in

was

UNDERWRITERS—The

The amount shown as out¬
the
27,897
shares,
including

value.

the

Maxfield

(par $100) at $101.19 per share and accrued divi

ferred

was

is

2.42

agreed to purchase from

Deetjen
&
Co.
are
acting
as
agreed to purchase from the company
the aggregate number of shares of com¬

Sherrerd

OFFER

10,000,000 shs.

value)

vaiue)
be

may

ing

were

PRESENT

Ferris

.8

Emanual,

Deetjen & Co

subscribed

10,000,000
$15,000,000

TO

Inc._

2.42

Moseley & Co
181, p. 2122.

stock

Shares

Byllesby & Co.

June

pay-

1957

($50 par

par

bonds

authorized

holders

1,

Stock

—

which

Lawrence

2.42

Corp

.8
.8

Co

&

Ramsey & Co.,

Puget Sound Power & Light Co.—Net Profit Up—

underwriters

and

shares then held.

10,000,000

1954,

April

supplemented,

amount

1988

1,

public,

Newton

2.42

.8

Adams

&

dends by Glore,

for 31.82%

$700,000

M.

Inc.

Co

Service Co.

15,000,000

Jun.

1,
1,

due

The

$9,276.92.

Smith,

&

offering of 100,000 shares of 4.24% cumulative preferre

May 24, 1955, rights to subscribe for a total of
413,016 shares of new common stock (par $5) at $16.754
per share on the basis of one new share for ^each six

30,000,000

due

of

company

2.42

Kinsley

.8

Middlebrook,

&

&

record

10,000,000

dated

these,

Hill,

15,000,000

series

series

Of

Hanrahan

Rhoades & Co.

1.4
West

Inc.

Public Service Co. of New Hampshire—-Stock Offered
—This company is offering its common stockholders of:

5,000,000

3%

27/o%

series

stock.

Coburn

2.42
2.42
2.42

Co

<

Public Service Co. of Oklahoma—Preferred Stock Sol

lurther exploration,
of

Shares

Williams

See

10,000,000

notes,

—V.

publicly
share by Blair & Co. Incor-

also

&

M. Loeb,

under the terms of the
for working capital and

2.42

Weeks

&

Hutton

Higginson

S.

severally

Cruttenden & Co.—

$5,000,000

due

E.

Carl

company,

sum

includes

there

Morford, Inc.___

Cohu

Outstanding

series

W.

F.

1,000,000 shs.

acquire

stockholders

&

H.

FINANCING

series

3%%

the

Lestrange & Co.__ 3,000
Frederick, Rogers

Butcher &

1950

3'A%

37/a%

to

have

Battles

income

3V4%

3%%

-

1.4
Hibbs

B.

Whiteside,

(Inc.)

E.

1.9

Inc

Co.,

Co., Inc.

Winslow,

Inc.__

Co.—

&

Chace,

Co.
Inc

1.9
Co.

Nolan-W.

2.42

Noyes & Co

Hornblower

lease

located

Incorporated--40.Ooq

Co.

Badgley,

mortgage bonds:

3%%; series

Hallgarten

&

3.39

1.9

Co

Dudley

Co.

&

Burr,

Hemphill,

1955,

a

&

&

Corp.__

Republic

months

Co., Inc., head

PRESENT

14,

changed into five shares of
resulting in the issuance of 486,100

table

that

so

selling

Emanuel,

other

in

net

Authorized

Feb.

1955,

par

stock set forth opposite

Arthurs,

in 1950.

$4,423,679
EFFECT

$37,696,000

year

of

$220,000 of the proceeds

shares

stock,

stock

$1

^

$19,200,000

for

G.„ Becker

Coffin

in February, 1954,
the properties owned

As

S.

Folger,

Co

&

Securities

—Mention

the

per

value,

.

plant.
to

A.

Weld

Co

&

Milwaukee

3.39

American

of

E.

Securities

Corp.
White,

share

The

Fen¬
3.39

Webster

Haupt

McDonald

3.33

•

Pierce,

Beane

for

company

$1,300,000

&

equipment in addition to

used

EFFECT

Articles

the

Incorporated

the

and
mon

1957 will aggregate
for generating
and

and

transmission

for

$6,900,000
facilities

Maryland.

1956

to

30,

of

stock,

issued

to

representatives,

first retiring $3,200,000
projects estimated to cost

and

be

value)

par

UNDERWRITERS—The

1989.

after

for

program

&

10c

each

on

Brothers

Lynch,

Lehman

Dec.

above

preferred stock,
or outstanding.

operating utility supplying electric
persons in the District of Columbia

Virginia

in

areas

construction

$53,000,000,
for

estimated

an

its

is

Co._______—1.9

of

by appropriate

Dempsey-Tegeler

company

contiguous

estimates

used,

be

construction

1955

due

common

amendment

$26,000,000.

BUSINESS—The
service

will

funds

company

paid

GIVING

($1

1956,

in

treasury

-

proceeds from the sale of the common stock to¬
proceeds from the sale of $10,000,000 first mortgage bonds

loans,

Co

&

$50,000

law

acquired

by

common

97,220 shares
stock, $1 par

standing

&

PROCEEDS—Net

bank

&

Ira

$149,420

Baxter,

and

2.4

2.4

Wertheim

Central

Inc.

3,000,000

sale

May 20 at $10

on

common
-

Underwritten—Dillon, Read & Co. Inc.
Johnston, Lemon & Co. head an investment banking
group which is underwriting an offering by Potomac
Electric Power Co. of 511,660 shares of common stock
(par $10) to its common stockholders. The company is
offering the common stock through warrants expiring
on June 7, at $19.50 per share on the basis of one share
for each 10 shares held of record May 23, 1955.

approximately

2.4

Estabrook

Lee

outstanding

for

shares

standing

and

of

%

Townsend, Dabney & Tyson
Tucker, Anthony & Co

12.36
12.35

Co

&

Inc

3.39

Stone

corporate proceedings, the Articles of
Incorporation were amended to authorize 1,000,000 shares of common
stock, $1 par value, in lieu of 150,000 shares of previously authorized
common
stock of $10 par value, and each share of the then out-

Stock Offering

gether with

Co.,

3.39

In¬

General

to

up

cents

Nevada

Mines,

development expenses the

collateral

♦In

Securities
Harriman

105.60%

1,

by

per

commission

contingencies, including

hand, will have
outstanding stock.

♦Common

101.01.

including May

basis

renewable

&

t

3.39

ner

share.

Authorized

3%

First

Stuart
Lemon

101.2577

Flat

un¬

May 24 $10,000,000 of first mortgage bonds 3%% series
due June 1, 1990. Awarded to the group at competitive
bidding on May 23 on a bid of 102.21%, the bonds were
reoffered at 102.60% to yield 3.25% to maturity.
bids

and

Ripley & Co., Inc.

stock,

porated and Emanuel, Deetjen & Co. and associates were
quickly oversubscribed. Further details follow:

derwriting group jointly headed by Kidder, Peabody &
Co., Merrill Lynch, Pierce, Fenner & Beane, White, Weld
& Co., and Salomon Bros. & Hutzler offered publicly on

Other

stockholders

to

Sachs.& Co.

Merrill

Nevada.

CAPITALIZATION

Potomac Electric

Dutch

other

offered

Co.;

Lester,

Inc.;

40

Progress Manufacturing Co., Inc.

the

Bateman, Eichler & Co.;
Ryons & Co.; Hill Richards & Co.; Bingham, Walter & Hurry,
and Wagenseller & Durst, Inc.—V. 181, p. 2245.

underwriting

of

registered

200,000
Crowell,

with

offer

Dillon & Co

Merrill

share.

UNDERWRITERS—Associated

Peabody

&

Lehman

on

50c

at

receive

of

SEC

assignment from Don B. Sebastian (President)
owned and controlled by Dutch Flat Mines,

company

the

of

For the three months ended March 31, 1955,
and net income was $134,397, equal to 31

1955.

$1,718,004,

the

County,

care

the

1954, sales totaled $5,371,684, and net
equal to 81 cents per share on the
stock outstanding following the 48-for-l

31.

Dec.

$345,761,

to

subscription

the

Harriman

public.

under

organized

was

rate

the

on the property and
balance of $255,000 will

The

take

and

the

to

Goldman,

according to the
prospectus,
the founders of the company, their associates and the
underwriters will
own
68.18%
of
the outstanding
stock
for which
there will have been paid into the company the sum of $10,030 and
the assignment of the lease to the company.
The founders will have
expended on costs of acquisition, legal services, geological reports

Kansas.

income

the
to

the

common

par

selling

receive a
also will

of acquiring the right to operate
by

by

sold

efforts"

"best

a

at

expenses,

shares

of its lc
speculation,"

a

already

being

purposes.

Pomona

at

Blyth

1,970,000 shares were issued to Mr. Sebastian for the lease of prop¬
erty mentioned above. The remaining 1,030,000 were sold for cash at
par to certain other promoters.
Assuming the sale of all the shares

incorporated in 1923, and is engaged
of glazed ceramic floor and wall tile.

located

are

"as

on

with

property

The

proceeds are to be used to retire bank loans,
were applied to capital expenditures in expand¬
warehouse facilities at Pomona, Calif.; and the
for

sale,

made

be

other

Humboldt

to

net

which

factory

employees:

Kidder,

181, p. 2122.

geological studies and related activities.

,

PROCEEDS—The

ing

to

purpose

lease.

on

The offering was quickly over¬

subscribed.

public

125,000

acquired

that

May 18 publicly offered 120,928 shares of common stock
(par $1) at $5 per share.

to

be,used

to

are

statement

The company proposes to use approximately
of the stock sale for the acquisition of mining

Calif.—

Pomona,

company

shares

for which it will
the underwriter

controlled

the

1,400,000

and

company

the

in

Tile

the proceeds of

first

and

167,842

is

Corp.,

The

273,486

for

offering

selling and

2017.

p.

Pomona

Stock

24,159

575.630
91,376
237,339

from
ry.

$172,351

65,204

the

to

registration

a

covering

offered

share;

for

front'1 railway
railway

Gross
Net

Net

$233,516

1—

Jan.

1955,

vesting

37,934
60,011

82,710

income—

oper.

be

per

filed

corporation

24,

The

$165,298

26,078

railway

from

pursuant

to

Eastman,

1952

1953

1954

proceeds

plant and for working capital.-r-V.

a

sold

%

Primary Metals Corp., San Francisco, Calif.—Registers
With Securities and Exchange Commission—

Pittsburg & Shawmut RR.- -Earnings1955
$139,389

net

acquire land, build

to

April—

not

offer

selling stockholders.

Gas Co.—Net Profit Increased—
share

of

oil

produced

on

its

properties

durln

day

1955 averaged 2,390 barrels

a day vs. 1,098 barre
in the like 1954 period, an increase of 118%, Jasner W. Tull
President, announced cn May 5.
1

First

inoome

net profit amounted to $315,345 before provision f
if any, as compared with $46,270 ia the correspond!

quarter

taxes,

Number 5433

181

olume

.

.

last

181,

year.—V.
■
•

1603.

p.

:>

"

•

''-V

Rheem Manufacturing Co.—Stock Offered—A second¬

of

offering

ary

shares

400,000

of common

stock;, (par

various

of

March

31,

1955

■

were

underwriters

UNDERWRITERS—The

commitment

firm

a

to

below

named

'

1

all

purchase

400,000 shasgft of

the

of

Securities

Levy & Williams—
Legg & Co

Lester. Ryons & Co

McAndrew

McCormick &
McDonnell

Co

Merrill

Walter & Hurry,
3,000

Ellis & Simmons

Blunt,

Sullivan

Bosworth,

&

ner

Revel

2,000

^3jB0O

Inc

*^^000
J'-Z&ioOO
Fen-*^%

Pierce,

Beane

Miller & Co

Mitchum,

Co.,

&

Lynch.

&

3,000

Co.

Morgan

4,000

F.

1,500

Nauman,

5,000

Newhard,

5,000

Pacific

Davis, Skaggs & Co,

4,000

Paine,

California

First

Re.inholdt & Gardner

William

Henry F. Swift & Co
£000
Tucker, Anthony & Co.—r ' 5;000
Union Securities Corp
10,000
—

Eel]

Kerr

&

—V.

181, p.

2245.

Walston & Co

Wilson,

3,000

Dean

1,500

___

Edward D. Jones & Co

Wulff, Hansen & Co

Yarnall,

April'—
"Gross

ry.

From

from

Gross

Net

ry.

—V.

and

Potomac

-

The

New

between

of

Court

i

be

Air

9,257,614

9,983,725
3,616,799

period,

1,198,713

;:!>!>>

Appeals

Washington

in

'

freight

ended

Hood,

L.

(Iowa;

April

Co.

&

over

this

bv

corporation

previous

The

Vice-President—Sales

-V.

for

flew 20,381,498 pounds of freight

veloped

181,

p

2360.

m

»

of

record

May 3 at $23

per

share,

$21,207,935

$19,738,586

12,627.045
$1.68

-

12,307,314
$1.60

number

the

of

shares

period

in the 1955
ol' the company's
debt was reduced

approximately $23,000,000 as a

by

the remaining 564 shares were'sold
by the underwriters, headed by Morgan Stanley & Co.,
at $25.50 per share. See also V. 181, p. 2123.

$1.81

equal

to

♦

share

for

f

high

1

>

the

amounting in total to more than 800,000 net acres,
acres of mineral fee
holdings free from royalty

net

546,000

1955

were

$^31,000,

compared to $1,638,000. equal to $3.27 per
Net worth increased $489,000 to a new
net working capital increased $2,426,000.-

and

Shipments

R.

D.

to

Fraser, President,

orders

"Incoming

exceeded

on

the

previous year by

over

•

so

SUBSIDIARIES

Period End. April 30—

from

Income

sales

NOT

indebtedness

1955—3 Mos.—1954

or

certain
financial

of

the

but do

properties,

obligation of Sinclair's

thus be de¬
final retire¬

production payment.—V. 181, p. 2245.

the

Coates

committee,

headed
Norris,
1604.

C.

181,

p.

has

Executive

as

Sidney

before

Fed.

deprec.

aftpr

Bankers

executive
Mr. Reed.

Mr. Coates, will be comprised of
Christopehr J. Taylor and William Mackintosh.

by

of

The

inc.

Fed.

taxes

taxes

2,013.531

1,593,487

4.555.778

of

Trust

Co.,

Edison
New

York,

Co.—Subscription

Los

N.

Y.,

has

been

Agents

appointed co-

and co-warrant agent with Security-First National
Angeles in connection with Southern California Edison

holders of Its original preferred and com¬
convertible debentures due July 15, 1970.
rights will expire June 14, 1955. See V. 181, p. 2360.
offering of

rights

to

stocks to purchase 3 'A %

income—

1,013.144

874.129

2.290,461

2,406,477

$1,000,387

on

$719,358

$2,265,317

$2,176,983

$0.69

$0.47

$1.50

The
be

Net

profit

Earns,
—V.

per

180,

com.
p.

share—

and

2293.




i

$1-43

directors

offered

for

have

authorized

competitive

a

bidding

Co.—To Sell Debs.

$20,000,000

about

Application for approval of the issue is
,

$319,156

$326,841

1955

1954

$692,000

$453,000

223,000"

342,000

30,000

30,000

$320,000
$0.59

$200,000
$0.37

Tinkers goodwill

1

assets of Spalding through exchange of threeof American Machine & Foundry Co. common
of Spalding stock.
Following a complete study

the

share

Machine and Foundry and thorough con¬
the directors of Spalding, it was mutually
be agreed upon which would appropri¬

American

by

offer

the

by

could

terms

not

Spalding—accordingly,

and

Foundry

terminated.—V.

180,

the

negotiations have been

1003.

p.

Sperry Corp.—Consolidation Approved—
President,

II.

F.

Vickers,

May

26

approved

the

Remington

Rand Inc.
solidation on May 27.
is

that

expected
close

the

effective

the

business ,on June

of

that

announced

has

the

stockholders

on

proposed consolidation of this corporation and
The latter's stockholders approved
the con¬

of

date

30,

consolidation will be

the

1955.

stockholders meeting, Mr. Vickers announced that
Sperry's net income for the first quarter of 1955 was $6,683,359, or
$1.46 per share on 4,567,222 outstanding shares at the end of the
quarter. This compares with 1954's first quarter net of $5,579,314, or
$1.33
per
share
on
4,187,090
shares. The
shares outstanding at
March 31, 1955 reflect the issuance of a 5%~; stock dividend in March,
1955, and the shares outstanding at the end of the 1954 period have
been
adjusted
to
give
effect
to
a
two-for-one
stock
split in
the

Sperry

1954.

October,
The

first
the

Federal

before

income

net

net

The

both

in

income

foreign

income

compared

with

and

$13,953,359,

quarter of 1955 was
first quarter of 1954.

periods

includes

taxes

results

the

the

for

$12,019,314 for
Sperry's

of

English subsidiary.
Shipments for the

quarter ended March 31, 1955 were $103,683,000,
compared with $120,414,000 for the like 1954 period. The increase
in earnings on a lower volume of shipments resulted in part from the
inclusion in the
1955 quarter of $988,373, representing non-recurring
181,

after

income

royalty
2360.

foreign
V.

taxes

deducting

applicable

thereto.—

p.

Spokane International RR.—Earnings—

railway—

Income

63,201

oper.

From

1952

1953

$205,014
49,390
24,167

1—

Jan.

railway
railway.

492,328

219,547

income—

oper.

1,007,353

1,036,025
394,547
188,321

1,118,048

from

181,

,;ru

$289,823.in $284,847
119,651 Ji, 119,370
63,052
^
55,103

$278,726
139,450

railway.

from

Gross

1954

1955

April—

820,127

375.427

175,699

176,418

1

79,925

2018.

p.

Commission and a registration statement
Securities and Exchange Commission.

June

issue of debentures

to

21.

b°fore tbe Connecticut P. U.
will shortly be filed with the

Consolidation—

Standard Factors Corp.—Proposed
parquet,
was

ard

approved

have

Inc.,

announced

on,

and

Factors,

corporation

this

of

directors

The

May

and

of

the

the merger of the

19 by Theodore H. Silbert.

Samuel

R.

Sperans,

President

Nathan

Straus-Du-

two corporations, it
President of Stand¬

of

Nathan Straus-

Duparquet.

together two companies whose
services
complement each other and enables the expansion of the
activities of both, will continue under the name of Standard Factors
Corp.
The merger Is subject to the approval of stockholders of both
which

consolidation,

The

enterprises.
The consolidated

financial resources in excess
commercial finance, time sales
establishments and provides for
the activities of Standard Factors and
These resources are approximately double

company

services

factoring

Nathan

brings

will

have

to be available for wider

$25,000,000

business

to

diversification
of
Straus-Duparquet.
Factors' present total.
the merger agreements,

Standard
Under

standing

shares

common

Stockholders

Standard

of

the

ducer

stock

on

the

takes place.
Straus-Duparquet,

and

in business since 1866, is a leading pro¬
of food service equipment, supplies, furniture
hotels, motels, hospitals, restaurants, steamships,
cafeterias. Net sales .of the company in Its last fiscal

distributor

furnishings

railroads
was

two

their

to be issued upon completion of
listing the new Standard Factors
American Stock Exchange will be made after

merger

Nathan

and

Standard Factors will increase out¬
492,300 to approximately 1,100,000

common stock, such shares
consolidation.
Application for

common

the

from

Nathan Straus-Duparquet will receive
Factors common stock for each share of
of

present

year

Southern New England Telephone

4,583,460

8,800

$226,723

taxes

share

of

shares.

agent

subscription

but

9,400

ately serve the best interests of the stockholders of American Machine

greater

Reed will

products, services, etc. $21,546,186 $20,190,061 $60,933,436 $61,470,261
Profit

17,900

6,300

$225,833

a

that

shares

mon

187,092

212,500

95,800

share

Spalding

decided

and

President—

been elected President, Raymond S.
Vice-President
and the company's

California

Southern

Co.'s

$540,633

198,408

5,600

one

sideration

—V.

undeveloped acreage.
New production which may
could result in
accelerating substantially the

—V.

1955—9 Mos.—1954

$622,764

48,989

232,2.0

operator of

Benjamin

CONSOLIDATED)

$514,212'

52,983

proposal was made by the American Machine & Foundry

of

ry.

from

(W. & J.) Sloane, New York—Coates Is

the

25,024,

in¬

income

acquire
for

Net

Bank

'•

of

of

Royal McBee Corp. (& Wholly-Owned Subs.)—Earns.
(FOREIGN

stock

not constitute

production

veloped

new fiscal year with increased backlogs.
The
improved order trend is continuing into the current fiscal year and
there has been some advance in prices.
Earnings should reflect these
In the current quarter."—V. 181, p. 650.

9,460

__

a

from

continue

30%;

to

Co.

quarters

Net

ment of

May 21 further stated:

$515,609

4,729

taxes

per

April,

ry.

The
r

In

Net

the

the

.started

company

Earnings

from

ously estimated at 64 to 70 million barrels. Sinclair is launching im¬
mediately an active exploration and drilling program on certain of

customers of $39,186,000 declined approximately
11%
below the previous year.-The decline was wholly accounted for
by drop in Military volume.
The decrease in earnings was largely
due to a drastic price decline which
seriously affected the margins
on building wire products during most of the year.
Shortage of copper
available lor domestic fabricators cost the company sizable tonnage
of business in the latter-part of the year.
A.

j

share,

per

$613,304

earnings

Gross

the properties, Sinclair Oil & Gas Co. Immediately
added some 2,600 barrels a day to Its own total net production of
liquid hydrocarbons.
The balance of the production from the former
American
Republics properties,
amounting at this time to about
12,500 barrels daily, are required to be devoted to extinquishment of
the
production payment.
Such extinguishment, at present market
prices of oil, would require about 31.5
million barrels.
American
Republics' reserves of crude oil and natural gas liquids, including gas
reserves
in terms of their dollar equivalent in
crude oil, are vari¬

previous year.

$14,041,000,

of

Total

-

the fiscal year ended March 31,

Net earnings for

s

$509,483

income

Net

As

Rome Cable Corp.—Earnings Show Decline—

>

Net

result of such

development obligations.

an

subscribed for, and

2,765,055

$495,G72

$3,280,664.

2640.

p.

on

outstanding

quarter

of

190,396 shares were

2,686,818

taxes

income

Republics Corp. received $108,000,000 cash, plus certain
Incident to liquidation.
Of the $108,000,000. $75,000,000
derived from a production payment, arangement financed by a group
of banks, and Sinclair Oil & Gas Co, supplied the remainder.
The $75,000,00 production payment,
and interest, are payable out

Riegel Paper Corp. — Subscriptions — Of the 190,960
common stock recently offered to stockholders

713,003

$496,916

for

income

At

American

shares of

$3,300,122

before

income

180,

at

Increased-r

1955
1954
$281,791,247 $262,553,356
31,907,935
28,038,586
10,700,000
8,300,000

31—

Mar.

shares outstanding

in

acreage,

includes
and

1955—12 Mos.—1954

$1,222,486

deductions

before

Lehman

Co.,

White, Weld &

expenses

!

(& Subs.)—Earnings—

1,244

Amortization of Toy

closed, Sinclair Oil & Gas Co., domestic crude oil
producing subsidiary,
acquired the properties and assets formerly
owned
by American
Republics Corp., now in the process of dis¬
solution.
Such
assets
included
certain
current and other readily
realizable Items having a value of at least $10,000,000.
The major
assets, subject to a production payment, consist of crude oil and gas
producing properties and undeveloped
acreage situated largely in
southeastern
Texas
and in the Texas Gulf Coast area. The unde¬

22-^npnth

properties.

(A. G.) Spalding & Bros. Inc. (& Subs.)—Earns, etc.—

conversions.

reported.

gas

$1,183,349

taxes

etc.,

State

With SEC—

(& Subs.)—Earnings

i
of

increase

that

and

and

income

earnings

Federal

are

income
S. Federal taxes on income
for U. S. Federal taxes on income-

the

oil

v:=

income

Int.,

1901, now operates
(Kansas),
plants at
with sales branches in

quarter was due almost entirely to conversions
3>/4% convertible subordinated debentures.
Funded

As

carried

30

additional

of

687,677

operating

come

Name—

in

U.

number

during

subsidiaries,
transportation of

railroad

6 Months Ended April 30—

stockholders.

stock.—V.

Months Ended

income

The

v

;

was

all-cargo airline

said the

Kansas,

operating

Net

to be
principal

are

the

announced on

Chairman,

Earnings per share

during the same Period in

:

selling

outstanding

before

,

through

engaged,

for

1955—3 Mos.—1954

revenues

Net

general funds and will be used for additional
working capital. The company will receive no part

the

terms
as

-

general taxes

its

Average

1954,

May,

City

May
The

filed

McCormick

and

Three

through this April compared with 15,926,004 pounds
1953-54.
April also showed an increase of
10%
for the month with air
freight totaling 1,770.214 pounds compared with 1,603,234 pounds in
April a year ago.—V. 181, p." 1603.'

from

Mason

and

certain

by

Income

13

May

on

of; ice

and

2246.

expenses

Net

Topeka,

in

on

stock.

Kan.—New Name—

O'Connell,

J.

named

is

Co.

company

sale

and

properties

gas
p.

Operating

Chicago and Miami.

company

Gross

3-Cent Mail—

,>!.;;>:>;>!

LP

181,

Operating

week

the

in

motors

underwriting

and

&

SEC

common

proceeds will be added to the cash funds of the company and
available
for
general corporate
purposes,, including
invest¬
subsidiaries. Among such purposes is the acquisition of addi¬

It

1,388,643

Miami.

air

period

Charles
Hood

Mr.
/

In

increase

12-month

the

founded

(Minn.)

York,

of

4,21X787

1,130,244

price

holding

a

PeriodEnd. March 31—

plant facilities
and
of the proceeds
of the sale of the 60,000 outstanding shares.
These shares are being
sold
in
the
respective amounts of 35,000 and 25,000 by, John W.
Leslie, Walter S. Underwood, and Edward C. Wilson, trustees under
a
trust agreement (under which Mr. Edward C. Wilson is one of the
beneficiaries) and by John W. Leslie, Sidney J. Williams and Harris
Trust and
Savings Bank,
trustees under an agreement establishing
the Signode Employees' Savings and Profit Sharing Trust Fund.
After
such sales, the two trusts will hold 10.3%
and 7.8%, respectively,

10.384,475

3,033,747

Freight Up 28%—

28%

Co.—Sales Increase—

1955, covering

to

regular service rate of pay.-

the

paid

A
-

S.

—V.

below.

Harold

Inc.,

company,

Provision

and

tional

279,982

named as the principal under¬
writers.
The initial public offering price will be related to the current
market price of the outstanding shares immediately prior to the offer¬
ing; and the underwriting terms are to be supp.ied by amendment.
Proceeds of the sale of stock by the company will be initially added

upheld the
action of the C. A. B. pending an appeal by the other airlines..,;Riddle
Airlines is now permitted to fly the mails, for which its company will
U.

The

Co.

Sinclair Oil Corp.

York

New

663,109

193,586

Signode Steel Strapping Co.—Registers

corporation, it was recently announced, has been granted per¬
by the Civil Aeronautics Board to fly regular three cent mail

mission

698,848

92,924

371,627

911,243

additional

Bioren

with the

par

by stockholders of record
share for each eight shares

be

Net

This

1,019,913

9,142,625
2,975,706

Is

manufacture

Profit

$2,544,416

305,451

Riddle Airlines Inc.—To Carry
This

Packing

Foods,

Peter

St.

1SS2?

794,679

subscription

company

Net

processing
plants in Topeka,
Concordia and Marysville
Decatur
(Ark.)
and Greensburg
(Ind.) and egg packing

RR.—Earnings
1953

$2,453,203

income—
2123.

181, p.

405,722

outboard

10c

its

ments in

May 24.

4,000

270,373

railway——

oper.

1,754,094

company,

Seymour

10,000

770,080

railway——

from

Net

1,885,582

sale

which Is one of the country's largest manufacturers
processors of egg and poultry products, has changed its name to

1—

Jan.

Scott-Atwater

of

Seymour

This

.1,500

$2,307,499

income

oper.

Co

Biddle & Co

of

subscription

of one

amendment.

provision

3,000

Higgins

299,901

railway

from

Net

&

&

$2,401,414
893,299

railway

from

Net

Witter

10,000

1

Johnson

1954

i

1955

,

1,467,989

Seymour Packing Co., Topeka, Kan.—Changes

'

Richmond, Fredericksburg &

34,577

—-jgmS&po

1,500.,

1,500

Illinois Co., Inc

The

138,352

60,119

Brothers

Co

5,000

Co

212,957

60,000

Youngberg

&

1,500

&

53,031

ll—

&

Sutro

for

and for commercial and consumer use, the production and
of natural gas and the sale at retail of liquefied petroleum gas.

•34,468

xioiSMSSioOO

Stone

5,000

Fay—

See

18,

_

shares

offered

Co.—Registers With SEC

statement

perishables

a registration statement with the SEC on May
160,000 shares of its $1 par common stock, of which
100,000 shares are to be offered for public sale by the company and

.n&OOO

100,000

be

The

by

the

in

$410,757

Other

....^ssacooo

:

held.

registration

a

at the rate

Taxes

Webster Securities^

Corp.

to

1955,

The

1952

;

7,500

5,000

—i;

Collins

Hutton

F.

7,500
Co

&

10,000

Friedrichs & Co

,

k.v;5,000

Co

Co.

Stone &

Howard, Weil. Labouisse,
E.

_W^S,000

Stern, Frank, Meyer & Fox

1,500

then

ended
May 13 were 33.3%
higher than the same week a year ego, it was
reported on May 23 by R, D. Sharp, General Sales Manager.
Last
year was the cempany's record year, ne said.—V.
181, p. 209.
sales

Retail

Leydecker •'

Stephenson,

2,000

Richards & Co

&

&

Staats

R.

2,000
2,000

Co

Reynolds & Co. Inc

10.000

&

&

Schwabacher

Co.,

Hemphill, Noyes & Co
Holt

Reeves

2,000

Gross, Rogers & Co
Harbison & Henderson

Ripley &

Piper, Jaffray & Hopwood_

10,000

Goldman, Sachs & Co

Hill

7,500

5,000

& Sons

Robert Garrett

Hooker

>*$,000
J

2,000

Co.—_

First of Michigan Corp

Harriman

Northwest Co

Daniel

railway

152,431,791 179,223,317 172,178,793
27,068,894
43,836,548 > 41,400,474
11,162,970
16,856,880
16,492,724

Southwest Natural Gas Co.

OOO

Jackson

8,

will

oper.

-

underwriter.

$512,012

Seymour Foods, Inc., Topeka,

Co

&

Webber,

1953

1954

Scott-Atwater Manufacturing

:^**"550O

2,000

Co..!

&

Cook

covering

are

June

'

,

$321,640

income—
•Deficit.—V. 181. p. 2124.

Co._J*4;500

&

4,000
3,000

Elworthy & Co
Ferris & Co
Fewel

McFawn

Curtis

5,000

I. duPont & Co.—_

Francis

S.

from
ry.

'^SjOOO

& Co
Moseley & Co._

4,000

Sons

&

Brown

Net
Net

5,000

:

Campbell & Robins Inc.___
Central Republic Co. (Inc.)
Crowell, Weedon & Co

'

filed

company

shares

Texas Ry.—Earnings-

1,681,813
593,651
171,740

railway

34,617,128

2246,

p.

1955,

20,

1—

Jan.

from

10,026,544

181,

This

2,000

ton

Brush, Slocumb & Co., Inc.

Alex

income

oper.

From

Gross

Temple-'-®*

&

Jones

ry.

5,000

Co

&

from

Net

160,969,149

income—_

oper.

Southeastern Public Service

Commission—

"

1955
$444,505
125,223
30,382

railway—
railway

from

Net

4,000
'-aS5000

Mason Brothers

5,000
5,000

Eichler & Co

Bingham,

10,000

Irving Lundborg & Co
4,000

-

Becker & Co. Inc.....

G.

A.

2,000
3,000

Brothers

5,000

Corp.-

..

& Co

Barth

J.

C.

railway
railway.__.__

from

Co., Northwood, Iowa—

,

April—
Gross

10,000

Co

John

Lehman

5,000

I.

Bateman,

&

5,000

Roblert W. Baird & Co.,
Inc.

Peabody

Lawson,

20,000

Smith, Barney & Co..
A. C. Allyn & Co., Inc
American

Kidder,

40,000
20,000

Inc
Loeb & Co

Blyth & Co.,
Kuhn,

Shares

Shares

,

,

St. Louis-San Francisco &

stock.

common

"

3,054,081

1—

Jan.

ry.

11,891,634
4,778,859

11,301,955
4,320,459

7,351,681

4,173,273

income

oper.

Net

May

on

9,279,778

from

supplied

have

severally

corporation

activities.

'

>

ry.

From
Gross

9 filed a letter of notification with the
SEC covering 20,000 shares of common stock (par $1) to be offered at
$6.25 per share to stockholders, without underwriting.
The proceeds
are to be used; to pay expenses incident to o*l and mineral and related
The

$39,433,541 and $1,562,906 resp&tftely,
equal tc 95 cents per share on the outstanding common stocks-Sales
for the full year 1954 were $163,623,302 and earnings were $6,i)257§52,
equal after preferred dividends to $3.67 per common share.
The
cpmihon stock is on a $2.40 annual dividend basis.

ended

•

Net

1952

1953

1954

$41,670,504 $39,647,024 $45,381,649 $44,970,493

railway

railway

Net

With; Securities and Exchange

Files

for the three, months

EARNINGS—Sales and earnings of the company

from

—V.

heaters, hot air furnaces, evaporative
water softeners, gas ranges, clothed diners,

Co.—Earnings—
1955

from

'

!7>7::>>!V"'!

Oil Production

Anne's

Saint

containers,

makes

Company

water

types,

conditioners,
and automotive parts.
air

coolers,

the

Net

a

181, p.. 1604.

assembiies.—V.

Pacific

Southern
April—
Gross

i

Manufacturing

BUSINESS— Rheem

made

At present,

construction purposes,

1882.

p.

major project in the Ryan plant is the produc¬
tion of five housing assemblies for the Wright J-65 engine, made from
both stainless steel and the new Tiniiken ailoy.
Several special purpose tools of large dimensions have been built at
Ryan to perform the
intricate fabrication jobs required on these

Blyth & Co., Inc.; Kuhn, Loeb & Co.; and Smith, Barney

tanks

company

Wright.

$1) formerly owned by Bethlehem Steel Corp. was made
publicly on May 24 at a price of $37.12V2 a share by a
nationwide investment banking group jointly headed by
& Co.

for

will produce an important new afterburner for the
Wright Aeronautical Division of Curiiss-Wright Corp., T. Ciaude Ryan!,
President, announced on. May 19.
The contract, for over $1,000,000, will
be for a large quantity of
afterburners to be used on a new Wright jet engine, Mr. Ryari said.
The order will considerably enlarge the backlog of Ryan work for
The

proceeds to repay short-term borrowings made
and to finance further construction—V. 181,

The company will use

Co.—To Build Afterburner—

Ryan Aeronautical

quarter of 1954. First quarter profit this year is equal to 59 cents a
share
on
526.890 shares of capital stock now outstanding against
nine cents a share on 510,000 shares outstanding in the first quarter,

63

(2519)

The Commercial and Financial Chronicle

.

and

for

ended Feb. 28,
done

on

a

1955, were $19,523,450, of which about one-third
with the purchasing company paying

time-sales basis,

equipment and furnishings over a 12- to 18-month period.
Net earnings
of the company in its last fiscal year were $214,349,
after taxes.
Combined net profits for both companies for the prior

for

year

such

approximated $440,000.

Under

the

consolidation,

Mr. Sperans

.

will become Chairman of the

64

The Commercial and Financial Chronicle

(21520)

of

Board

while Mr. Gilbert will be

Factors,

Standard

Phillips

President and

Reed

Officer.

Executive

Chief

Investment

&

Co.;

and

'

Co.;

'

Goodbody

Wm.

B.

&

Robinson

Co.;

&

Is

it

the

consolidated

the

of

intention

company,

.

has

last

this

the

with

substantial holdings of the
Straus-Duparquet common stock

purchased by Standard'Factors.—V.

Standard Oil Co. (Ind.)

•

and

Sales

March

Ended

Quarter

.

Other

operating

Total

3,874,388

*Based

.

Jar the

on

F. W.

shares

May

each

lias

no

authorized

them

in

of

view

«

Also

approved

shareholders

by

aside

to

up

out-

now

savings

the

parent

as
he directs.
To each dollar of his investment
would add 50 cents to buy Standard capital stock.

filed

registration statement with the SEC

a

"such

ta

the

'Incentive

This

ivith
in

SEC

the

Key

Executives

16,

May

on

covering

1955,

$40,500,000

thereunder.—V.

be purchased

may

181,

of

Stewart-Warner

of

participations

The

2246.

p.

statement

a

the

to

at

stockholders

May

on

after

income

taxes

for

the

three

months ended March

nearly 40%
ahead of that for the
totalling $1,116,000, or 83 cents per share

similar

was

quarter

31,

cents

share for the first quarter of ,1954. These earnings during the first
quarter of this year were the largest for any first quarter since 1951,
and it seems likely that good results also will be attained during the
current

improvement

corporation's

-ended

March

last

of

final

quarter

1954

ceivers,

year

achieved

was

$24,554,000
lower

represent

despite

during
those

than

fact

three

the

increase

an

the

the

for

business

volume

home

discontinued

was

from

in

radio

the

at

consideration,

the

4%

of

and

quarter

1954.

sales

those

of

liabilities

"Effective
Division

2.7

to

1,

was

1955,

May

(which

1,

conducts

of

as

March

the

31,

this

other

during the

domestic

our

Net

cur¬

ladio

and

television

Stewart-Warner

electronics

business."—V.

179,

•

Electric

operations)

was

2477,

p.

company

March

31,

compared

as

After

to

"B"

the

there

first

quarterly

remained

quarter

period of 1954.—V.

same

announced

current

stock,

.."per share for the
the

17

that

the

for

first

1955, net earnings after taxes amounted
$803,235 for the same period in 1954.

paying

■common

May

on

3V8c

181, p.

for

to

Refractories

Studebaker-Packard
In

•

its

first

low

have

stock

on

Corp. above.—V. 178,

production

laced

with

Detroit

production

from

ing

The
.

31

Sales

have

4u

the

the

Net

the

the

of

when

second

said.

is

loss

quarter

to

in

progress

heavy

was

previous

quarter.

$64,750,016,

As

compared

of

to

the

of

merger

Sunray

and

has

company

also

reported

oil

to

erect

with

the

sale

the

bonds

of
will

competitive

toward

cost

in

ceramic tile

$64,893,652

working

on

Dec.

The

lease is

Corp. (Texas)—Stock Offered—
Corp. and associates on May 9 publicly
offered 250,000 shares of common stock
(par $1) at $3
per share to residents of Texas
only.

pany's

The
SEC

except

used

for

present

for

general

leasehold

oil.

gas

are:

are

will

mineral
—




be

all

at

to
the

properties

retire
time

free

$400,000
of

the

and

of

com¬

clear

of

The remaining funds will be
including further exploration of

possible
interests.

&

used

incurred

the

Associated

Perkins

to

taxes.

purposes,

interests and

F.

leave

current

corporate

and

J.

which

accrued

UNDERWRITERS

offering

proceeds

with

Co.;

future

First

to

corporation

pay

on

May

incident

expenses

Technical

for

period

a

Rowies,

and

The

Corp.

acquisition

Texas

Winston

of

Corp.
&

25

will

Total

6

filed

letter

a

of

notification

to

oil

and

gas

and

other

to

are

mineral

be

poration,

covering

electronics

limited

a

systems,

has

been

awarded

to

10,000
at

Pa.,

the

to

installed

presently

Eastern's

stations

horsepower

of

rearrangement

a

horsepower

Texas

Phoenixville.

Penn-Jersey

Perulaek,

at

Juniata

County, Pa.,
and a
5,00Qi
station at Grantville, Dauphim

1955

cumul.

*1954

$12,263,272 $11,424,773;
3,394,313
3,004,48$
1,725,000

applicable

to reflect

to

com.

subsequent adjustments pertaining to rates, taxes-

items.

,

statements

Co.

of

had

do

of

net

the

reflect

which

the

began

of

$143,574

p.

179,

operations
Is

which

of

of

Natural GasThe Storage-

1953.

22,

Nov.

stock

common

income

1955.—V.

31,

not

Illinois,

50%

company,

on

pfd.

1,582,400'

$0.35.

owned

by

Texas

months

ended

442.

during

three

the

Texas

Instruments, Inc. — Stock Subscriptions — J..
Jonsson, President, announced on May 23 that 164,of its 165,945 share offering of 4.48%
cumulative preferred stock, series A, to stockholders was;
subscribed through the exercise of rights. The remaining;
Erik

224 shares or 99%

1,721 unsubscribed shares will be purchased by an un¬
derwriting group headed by Morgan Stanley & Co. SeeV.

181,

2164.

p.

of

Texas

State

fered—R.

V.

Petroleum, Inc.; Alice, Tex.—Stock Of¬
Co., New York, on May 16 offered!

Klein

publicly 300,000 shares of common stock (par 10 cents)at $1 per share as a speculation.

to

PROCEEDS—The

obligations,

net

proceeds

are

to

drilling

for

expenses

and

working

be

used

to

outstanding-

pay

capital.

•

BUSINESS—The
oil

and

operation

of

tract

a

corporation

properties,

gas

such

in

formed

was

and

properties.

It

Atascosa

County,

the

$1,660,000

net

for

/ffth of the working interest;
which contains three producinganother lease
in
that
County-

earnings

and

sales

1955

25,

working
2246.

p.

interest

in

for

Mr.

have

first

the

of

quarter

Royal

amounted

1955

Chairman

Little,

R.

Robert

Three Months Ended March 31—
Sales

and

surviving corporation in the Feb. 24. 1955
Incorporated,
American
Woolen.,
and
Robbins;
first quarter figures reported above reflect the-

of

Textron

Incorporated

the

for

through^.

period

those

the

period
,

$22,816,000-

Little also announced that Alfred Buckley and Robert P. Holding-'
been

I.,

elected

director

of

directors

of

Textron

American.

-

President and Treasurer of Buckley & Scott, Providence.*,

also

is

President

the

and

Industrial

Treasurer

National

of

Franklin

The

Corp.,

Bank.

Tide Water Associated Oil Co.—Book Value
Quarter Ended March 31—

Up—

1955

1954

*

Co.;

1954

Earnings
The

per

net

earnings.^

$2,292,400

share

$

on

addi¬

in

J.

the
R.

121,026,000

119,199.000>

98,451,000

96,635.000".

10,131,000

tax

8,268,000*

3.611,000
'750,000

3,558,000

8,083,000

income

8,888.00$

10,937,591

12,793,61$:

(estimated)

based

shares

outstanding

Preferred

shares

outstanding

Earnings

$1.12
are

income

Common

$1,974,700

$1.30

share

figures for both the 1955 and 1954 quarters
1,770,128 shares presently outstanding.—V. 181,
p. 1444.
ner

revenues

2,100,000
Net

Consolidated

other

Taxes, other than Federal income tax
Federal

4.074,700

2,340,000

and

Costs, operating and general expenses
Capital extinguishments

,

4,632,400

per

Book

value

share of

per

Tennessee Gas Transmission
covering 200,000
net

shares

of

corporate

May 26 filed

shares

proceeds
5.85%

a

of

preferred

to

are

be

stock

used

preferred stock,

purposes.—V.

181,

p.

Cash and

Co.—Registers With SEC

Net

$0.67

;

common

stock

to

to

(par

redeem

repay

$100i.

the

bank

r

100.000

loans

and

outstanding
for

of

181,

A.

Eastern

cubic

Production

This

Corp.—New Well

Hemphill, President, announced on Mav 23 that the
company's
Unit No. 1 well in Rusk County,
Texas, on Railroad Com¬

per
of

test

feet

of

million
the

showed

a

gas

day,

per

cubic

working

comprising 640

feet

Mr.

under

of

interest
acres.

approximately

Texas

calculated

lease

Hemphill stated

gas.

in

The

5.750
to

with

acres

Texas

that

open

flow

estimated

an

The

this

well

36,252,000>
92,452,00$

3.17 to 1

3.13 to r

15,777,000

current

9,418,00$

liabilities

2164.

p.

general

Carthage
mission

to

2360.

Tilo
Texas

47,861,000
95 722,000

assets

Capital expenditures
—V.

24,9$
1954

1955

capital

current

$0.69<

26.41

.

government securities

working

Ratio

registration statement with the SEC

1,850,000'

2,495,708

share

common

As at March 31—

The company on

an

Holding is President of The First Citizens Bank and Trust Co.,.
Smithfield, N. C.—V. 181, p. 1717.

$19,750,800 $19,499,000

on
income
Provision for estimated Federal taxes on income

and

Mr.

Sales

1955

..

Earnings before Federal taxes

to.
the-

of

1955 through

Mr. Buckley,

cor¬

in.<

18.

of the
merged corporation for
April 2, 1955.
The company reported a profit of $107,000 on sales of
for the first quarter of 1954.

TEMCO-

lease

a

the

the

and

24,

Feb.

181,

$33,166,000,

May

Textron

Inc.,

Feb.

of

on

is

company

of

profit

sales

on

Board, announced
This

March, 1955, to acquire
exploration, development and!

American, Inc.—Reports Larger Profit—

Consolidated

par

Texas.—V.

in

owns

Hardin

County, Texas,
wells; a 100%
working interest in
with
a
producing well; and a %th

merger

(& Subs.)—Earnings Higher—

the-

$0.43

March

it

Tennessee Corp.

or

Chambers-

System;

150,000

new

that

flexibility

$1,267,080

These

McCulloch, President, disclosed on May 22.
contract, Mr. McCulloch said, is of particular
significance
marks
the
first
product of TEMCO's own design to be
ordered into regular production
by the U. S. Navy.
Development of the electronic system covered
by this contract
Mr.
McCulloch said, was started In 1953
by the TEMCO Electronics Depart¬
ment which was then a
separate function reporting directly to the
President.—V. 181, p. 2246.
The

in

greater

$1,519,313

income

Storage

used

this

give

150,000

Mills,

of

to

stock—

"Restated

activities.

number

Ridge,

requirements

and related

Corp.—Receives Navy Contract—

contract

is

capital stockEarns, per share (on 3,506,250 shrs. of common
stock outstanding)

Charts, Inc., Buffalo, N. Y.—Files—

A
Navy prime
designed airborne

includes

of

construction

station

Textron

with
at

facilities

Jersey delivery
area,
and
to.
of larger quantities of gas on peak days.
of Texas Eastern's System (combined with that of

income

Net

annual

offered

Texas

11

Dividend

modern

a

or

Penn-

area

Profit before Federal income taxes, etc
Federal
income
taxes

Texas,

with

to
the

on

Penn-Jersey.

proposed

3 Months Ended March 31—

cores

agreed

be

years,

installed

System

horsepower

Texas Illinois Natural Gas Pipeline Co.—Earnings—

Co.,

proceeds

has

for

horsepower
gas
turbine
centrifugal
County, Pa.—V. 181, p. 2360.

com¬

wall

presently

Eastern

Bay

Oil
the

side

Texas

additional

of
3,300 additional reciprocating horsepower at Texas.
Linden,
N.
J.
station;
and
the construction
of
approxi¬
miles of pipeline loops in the Philadelphia area.
New
Penn-Jersey facilities would include a 5,000 horsepower gas turbine-"

being

Fish

horsepower

the

on

application

Lind

and

Illinois,

Ala.,
of

an

gas.

construction

The corporation on May 6 filed a letter of
notification with the SEC
covering an aggregate of $29,500 book value of class B stock to be
offered for subscription by
emoloyees. The proceeds are to be used for
working capital.—V. 179, p. 1271,

of

of

Red

California,

covering 37,500 shares of common stock to be
per share),
without underwriting.
The proceeds

H.

owing to Morris Canan

organization,

debt,

net

through

Florence,

at

cal¬

a

with

Eastern's

1954.

31,

Reserve

PROCEEDS—The

for

mately

of approximately $170,000 for the first five
years and
approximately $142,000 for the 18 years thereafter.—V. 181, p. 1358.

capital

Texas

Indebtedness

the

reductions

company's
production costs at

31,

plant.

plant

new

Texas

for

day

per

Philadelphia-New

aggregate

an

will

rental payments

the

March

proposed

gas

1955-56.

of

proposed

in

The

of

Penn-Jersey Transmission Corp^
the Federal Power Commission

with

10,000

construct

the

of

burg,

North¬

are

in

The

Subsurface

in

plans

to

$2,836,000

winter

certain

demand

sales

said that no borrowing has
been
necessary
under the
of $45,000,000 which was arranged in 1954 with a
the company's principal banks.—V.
181, p. 415.

First of

and

Stylon

which

in

potentialed

was

feet

Eastern

shift

construction

authorized

company's
new

a

Texas

application

to

Eastern's

shift

and

of

well,

Stinchcomb
interest,

cubic

an

and

purpose

and

of Sunray
Oil Co.

the

at

Mid-Continent

shows

agreement

.«roup of

tional

to

Stinchcomb

4,500,000

and

filed

tor

and

sories.

report

-credit

constructed

B.

The
small

2022.

p.

System,

Stylon and its subsidiary are engaged in the manufacture and sale of
glazed clay wall ties and ceramic floor tiles and in
distributing other
products, such as imported clay tiles, plastic tiles and bathroom acces¬

March

backlog

and

highly

a

better

be

La.,

this

in

County,
Carter-Jones
was
completed April 22

Gregg

barrels of condensate per million cubic feet of

30

corporation

The

exchange for said bonds an aggregate of 390,000 shares of its
par common stock at varying rates (until Jan. 31, 1960, a $1,000
bond may be exchanged for 200 shares of
Stylon common, the number
of shares issuable in exchange for bonds thereafter

$152,196 287.

continued

a

progress

reflect

to

Point,

to

of

T.

a

in

$

ended

were

production

despite

further

and

company

standards.

for

reflected

present

quarter

methods

work

the

Further

plants

the

delays at new Packard
assembly as well as
to work stoppages result¬

quarter
Studebaker while

the

followed

rates

expected during the second quarter, the statement said.
capital is virtually unchanged from that reported at

the

to

for

cars

that

for

These

and

and

operating
billed

strong

are

improved

are

an

Clipper

Packard

for

end

The

and

working

amounted

body

methods

sales

Net

statement

new

program

February
production

engines,

new

reported

during

Studebaker

r

over

Indications

Market,

and

V-8

continued

Packard

•continue

and

costs

operations.

interruptions at Studebaker due

$5,694,141.

•orders.

January

for

disputes

company

of

Jor

in

starting

facilities

current

Sunray

manufactured

Church

near

plant

Temco Aircraft

Corp.—Sales Continue to Rise—

in

the

to

$1

2201.

p.

25

jointly

$1.44

quarterly

continued

merger

D-X

has

flow

open

centrifugal

plant

new

In connection

share during

per

statement released on May 7, following six
xnonths of operations since its
consolidations, this corporation reported
-continued production and sales gains. These
gains first reported for
March

•

equip a manufacturing plant which
will be leased to Stylon Southern
Corp. Stylon Corp. will guarantee the
performance of each and very obligation of Stylon Southern
Corp.

($1

dividend

common

$1.43

$811,989

1779.

& Abrasives

discovery.

Texas

Tarrant Royalties, Inc., Fort Worth, Tex.—Files—

Strategic Materials Corp.—To Sell One-Half Interest
in Spar-Mica—
See Electro

products

the

to

subsidiary

recently announced construction of

the bonds will be used

quarter

to

share

per

available

compared

as

a

all

Incident

par.

Storer Broadcasting
Co.—Earnings Up Slightly—
This
Tnded

conduct

being reduced).

ing that the total sales of the Electronics Division in March 1955 were
^greater than those for March 1954, notwithstanding the discontinuance
the

other

to

to

months.

(the "underwriter"), whereby the city has agreed to
issue $1,950,000 of first
mortgage industrial development revenue bonds.
The underwriter has agreed to use its best efforts to sell
the bonds
but has no firm commitment to
purchase or take down any or all of
the bonds. However, no bonds will be issued unless
and until all of the
$1,950,000 of bonds are sold. Pursuant to the terms of the contract the
underwriter may purchase the bonds at 95% of

first

working

changed to Stewart-Warner Electronics Division, in order to provide
designation more descriptive of the present activity. It is
encourag¬

•of

intention
summer

its Ramon
No.
1
exploratory well, Duval County, Texas, and 15
Sunray Mid-Continent's drilling operations are exploratory in nature.

offer

sound.

1955.

of

name

re¬

If

our

capital amounted to $26,519,000 and the ratio of current assets to
rent

the

over

television

of

end

total

products to commercial accounts were ahead of
-quarter of 1954 by approximately 7%.
"The
company's financial position remains

1,

gas

block

total capacity
Penn-Jersey) is approximately 1,366,500 MCF of gas per day, of which,
731,000 MCF per day is available east of Oakford, Pa., storage.
The facilities proposed in the application would increase that
capacity
east of Oakford storage
to approximately 843,000 MCF per day, an.
amount deemed adequate to meet anticipated peak
requirements during

& Co. of St. Louis

that

months

first

sales
to
the
military during the first
substantially below those in the first quarter
this year's operations did not include any

sales

eliminated

is

of

7%

under lease

announced

Eastern

about

1955, with Stylon Corp., Stylon Southern Corp., its
wholly owned subsidiary, and Gearhart & Otis, Inc. of New York, act¬
ing for Itself and on behalf of McCoy & Willard of Boston and White

Our

were

addition,

domestic

which

volume

1954.

of

in

and,

significant

earnings

sales
were

although they did

year,

quarter of this
of

in

net

1955

31,

No.

Production

The

tract dated April 8,

quarter.

"The

land

prospect

have

Mrs.

this

permit- deliveries in that

The corporation filed a registration statement with the SEC on
May
10, 1955, covering 390,000 shares of its $1 par common stock.
According
to the prospectus, the
City of Florence, Ala., has entered into a con¬

year,

60

per

the

oil

several

of

authorization

in

Stylon Corp., Milford, Mass.—Registers With SEC—

1955

last

with

compared

as

blocks of

tests
are
in
Kansas, Oklahoma, Louisiana,
Wyoming, and New Mexico.—V. lSl, p. 2360.

11

«&id in part;
"Net

formerly Manager of

was

The

Corp.—Earnings Improve—

in

management

He

23.

offset unit

an

Eastern
System and two small loop lines in the Philadelphia area,,
according to an announcement by George T. Naff, President.
Theproject is estimated at $2,597,400 for Texas Eastern Transmission

operated by other companies.
A
new
wildcat
discovery on approximately two sections of land
comprising the East Bagley Unit No. 1, Lea County, N. M., in which
Sunray Mid-Continent has a sizable interest, shows signs of developing
commercial production as a drillstem test.

of

The

May

side

Co.

Jersey

exploration and production departments,
give the company a total of 40 drilling operations.
Sunray Mid-Continent is operating 31 of the drilling projects and
the others in which Sunray Mid-Continent has an
interest, are being

plan together with 915,254 shares of Standard Oil capital stock

which

has

field

for

incident

the Employee Savings Plan of the Standard Oil
subsidiary companies filed a registration statement

certain

the

for

Plan

have

bination of the two companies'

on

and

company

and

Co.

Stock Option

on

Nueces County, Texas.,
combined drilling operations of Sunray Mid-Continent

The

(Indiana).*'

aitandard Oil Co.

Branch

finalized

of the company and its subsidiaries as have
the future be granted options to purchase such shares

the

to

pursuant

$261,937

Corp.

which

of

company

«rea,

executives

key

been and may in

west

181,

for

was Announced

1,

Carthage Unit No. 1.
Texas
of the working interest

70%

Texas Eastern Transmission Corp.—Proposed Facilities

30,319

$282,541

surplus

(Dick) Borden, Los Angeles, Calif., has been elected a ViceManager of the company's West Coast district opera¬

companies,

west

May 9,
capital stock, to be offered

1955, covering 700,000 shares of its $25 par

and

1052.

p.

it

The

Registers With Securities and Exchange Commission—
This company

dividends

the

$292,306

37,927

manage
the sales of
Oklahoma refineries.

plan.

bonds,

company

$320,468

income

20 by W. C. Whaley, President.
Mid-Continent, the company's

employee savings and stock bonus plan with a new
Under the new plan an employee would put
of his pay for investment in Standard stock or U. S.

6%

other

of

approximately

Pettet

a

—V.

company will handle the sale and distribution of all products
manufactured by its field absorption plants, it was announced on
May

debentures.

of

replacement

the

was

the

estimated

Dr 1,591

west

acres

has

well.

Eastern

This

company's present

savings

$293,897

as

In addition to the leases which
Sunray Mid-Continent acquired in
Kenai Peninsula area, the company has acquired a 2,500-acre lease
adjacent to another company's lease block in the wide bay area which
is separated from the Kenai Peninsula
by the Cook Inlet.

presently
advisable

shares

of

*taiding or reserved for conversion of the company's 3%%

employee

2.149,564

the

number

the

$2,443,461

2,179.836

geological and geophysical exploration during the

increase in Standard's
shares to 50,000,000 shares.

capital stock from 40,000,000
E. Wilson, Chairman, said the board of directors
plans to issue the additional shares, but deemed it

have

-5a

and

adjacent to large

are

oil

an

Dr. Robert

636

Drilling

$2,497,698

taxes

drilling of its Carthage Unit No. 2, Well No.

and

On

1954

.

Sunray Mid-Continent Oil Co. has acquired U. S. government oil
leases on approximately 105,000 acres of land in Alaska it was an¬
nounced on May 18.
The majority of the leases are located on the Kenai Peninsula and

1954.

authorized

unit

Co., Maiden, Mass.—Earns. Higher
1955

the

about

Production

The

but after adjustment

period,

approved

5

'

Acquires Government Oil Leases in Alaska—

27,705,862
$0,90

issued

on

■

the California district.

1,309,848

stock dividend in December

179,

tions,

2,762,726

276,929

34,950,826
—-—$1.08

average

100%

stockholders

The

'

'

,

President «nd

4,396.501

2,985,802

expense

share

.

$317,862

and

with

Keith,

Co.;

,

Sunray Mid-Continent Oil Co.—New Official—

441,810,379 419,456,582

Minority stockholders' int, in net earns, of subs.

per

,

authorized

1955
1954
/■$'.$■

445,684,767 423,853,083
operating & general expenses— 361,489,162 354,162,982
Deprec., depletion, amortization, & retirements
33,060,048
29,747,665
Inderal taxes on. income
12,922,000
8,164,000

Bet earnings

operating

for

used,

"^Earnings

Arnett

B.

of

-

charges

—V.

income

Interest

'

,

This

Dividends, interest and other Income—....

Materials

r

r

2,606

Balance

(& Subs.)—Earnings Up—

revenues—

expenses

Interest

177, p. 2683.

31—»

Electric

*

income

Net

Nathan
will be

merger,

Nathan

in

family

'

'

culated

period.

Collaterally
Straus

'

Net operating income

dividends for the
in common stock

Nathan Straus-Duparquet has paid no cash
two years, but paid two stock dividends of 9%

years.

m

Operating

paid common stock dividends continuously since 1945 and
maintained a rate of 32 V2 cents annually for more than four

lias

,

3 Months Ended iiaTch 31—
Gross operating revenue

Standard

after the merger.

the new stock to be issued and outstanding

,

Suburban

subject to action by the board of directors and to continued favorable
.jusiness conditions" and operations, to maintain the present 32%-cent
annual dividend rate on Standard
Factors common stock,
including
Factors

'

.

M.

Co.

^

said

Silbert

Mr.

Monday, May 30, 1955

...

is
in

companv
well
which

located
Rusk

Eastern

on

and

potential
32

has
the

of

54

of

condensate

million

approximately

was

drilled

east

Gregg

Production

additional

barrels

edge

on

of

counties
Corp.

a

Roofing Co., Inc.—Reports Improvement—

per

1955

share

compared
per

share

ended

and

company

April 23,

net

with

a

net

April

same

1954.

66%

$1,134,497

resulting

unit

took

on

a

block

in

East

development has already begun

place

Net
with

sales

p.

for

$2,663,075

cluded

the

2128.

sales

the

of

common

the

for

the

of

1954

the

stock

16

weeks

outstanding.

endedi

This;

of $93,360, equivalent to 20 cents;
for the corresponding period!

shares

there

sale

of

was

the

also

a

Glasfloss

capital

gain oJ
Division, whicts

1954.

16-week

during
of

In

15,

report

$106,974, which is equivalent to 23 cents;

number

from

March

of

shares

operating loss

the

24,

on

subsidiaries

its

income

462,126

on

the

period

were

$2,703,574

in

1955

compared

corresponding period of 1954 which in¬
Division to March 15, 1954.—V. 18$.

Glasfloss

Volume

181

Number 5433

.

The Commercial and Financial Chronicle

..

Toledo, Peoria & Western RR.—Earnings—
April—
Gross

1955

from

Net

from

Net

ry.

Prom

Gross

$660,822

$547,487

208,225

261,625

222,055

61,673

82,414

78,241

2,248,948

2,409,239

2,574,386

2,305,470

819,900

926,322

1,103,565

248,546

299,661

385,168

344,620

income

oper.

181,

PROCEEDS—The

proceeds

to

are

used

be

make

to

BUSINESS—The
the

Towmotor

net

business

tures,

Corp.—Reports

Gain

in

Profits—

loans

1980, at 101.675%

corporation and its six subsidiaries
buying, selling and dealing in notes,

of

sale

and

securities

highly

Lester M. Sears, Chairman of the
Board, on May 24 said that profits
for the first six months of 1955 would be

field

bonds,

deben¬

&

equities, with principal operations in the
buying at a discount notes of industrial

of

Co.,

period

same

requirements
sidered

A dividend

payable

of

July

in

35

1

the

cents

balance

of

the

share

in

view

volume,

rate

the

higher

working
board

inadvisable

declared

was

of

had

this

at

the

on

The

than

capital

Consolidated

con¬

time.

income

of

record

June

CAPITALIZATION

17.

at a high rate," he added, "and
our control,
indicate full operations

beyond

Preferred

70-cent

year."—V. 180, p. 2742.

stock

Dowell and associates at 100% and accrued

p.

131,

interest,

was

Two

(& Subs.)—Earnings Up—

Ended—

Provision

Apr. 2, '55

Net

taxes

Apr. 3, '54
$9,516,287

1,699,214
942,500

1,041,204

income

on

income

on

Earns,

outstanding
share

com.

180,

at

X

:•

$0.78

of

Co.,

1955

.

Sherwood
sold

District
and

originated

process,

and developed by Universal

shares

the

of

181,

offered

and has

;

Federal

for

taxes

Net

-900,000

1,990,000

Net

earnings

$1,423,811

$2,048,030

$0.54

■

1953

•

$68,588

1952

*27,029

*17,073

*13,799

*37,753
*33,621

railway

'439,642

312,440

373,506

606,939

railway...

from
ry.

Concerning the company's second quarter, Spyros Skouras, President,
"it
is
confidently expected worldwide film rentals will reach
$27,300,000 as contrasted with $22,349,000 in the second quarter a year
Therefore,
the

share

it

first six

is

compared

as

estimated

months

with

that

84,344

*86,225

*61,379

*24,753

63,494

*98,019

*58,492

*51,913

income

oper.

181,

$1.17

1954."—V.

in

179.

2645.

p.

of

This

inc.

Coach Co.—Buys Aerojet Rights—

company

operating

manufacturing and sales rights
Aerojet-General Corp., a Cincinnati

to Aerojet Marine Engines from
subsidiary of The General Tire & Rubber Co.
The transaction

announced

was

by Fageol Products Co., wholly-owned

included

were

Production

aplant

in

the purchase.

Price

Aerojet engines will be moved to the Fageol Products
30 days, according to company officials.
Aerojets will be
conjunction with present lines of Fageol gasoline and propane

within

•built in

•engines

and

employed

Fageol-Leyland

in

Aerojets

buses

diesel

trucks

and

small

are

engines. The latter are now widely
for general industrial applications.

and

four-cylinder,

Fed.

revs.

inc

after

&

1,030,084

561,144

3.696,808

2,753,864

772,740

tax.

364,475

2,677,134

1,787,002

capital

sinking funds

four-cycle

engines,

Chester

which

effective
Mr.

this

of

Geeral

with

Co.,

Johnson

A.

Manager

pointed

not disclosed.

was

of

has

the

headquarters

June

Vice-President

and

The

Ann

the

New

Jersey,

of

in

Louis.

St.

Arbor

General

Co.

RR.

Indiana

This

and

promotion

and

ap¬

Illinois

&

RR.

will

General

companies since May,

Manager

1950.—V.

181,

of

of

Washington,

comprising

of

the
of

The

national distribution sales and service setup will
change, L. J. Fageol, President, stated.
"Our
present inventory of complete engines and service parts guarantees that
•orders will be filled promptly.
Likewise, key personnel of the Aerojet
toe

present Aerojet

continued

without

•organization will join Twin Coach."
Mr.

31,

Buffalo plant

aircraft

assemblies

is now

of

the

components.

and

In

one

nation's
Kent,

the

Wabash

and

Ann

Coach

vehicles

automotive

•engines.

Coach

Twin

in

addition

buses

to

automotive

manufactured

are

Feb.

and

under

industrial

a
cooperative
181, p. 1717.

agreement with The Flexible Co., Loudonville, Ohio.—V.

26.

1955

Federal

for

tingent

to

and

of

company

April 29 filed

on

letter of notification

a

with

SEC

the

shares of common stock to be offered at par
<two cents per share) through Columbia Securities Co., of Denver, Colo.,
and Salt Lake City, Utah.
The net proceeds are to be used to pay
15,000,000

and

for

the

share

the

for

after

after

purposes

Stove

Co,

Roesch,

above.—V.

Director

the

net

temporary

Light

share

per

the

loans

remainder

totaled

1955

—V.

reserved

or

the

to

of

$250,000 for

$3,000,000

for

Feb.

27,

income

taxes

the

for

then

stock

common

TO

EFFECT

to

$35,079,000

for

six

the

compared

as

months
with

r

'

'

_

'

ending Feb.
for

$34,059,000

26,

or

1955,

the

Common

corre¬

Elmer

H.

President,

2VIay
to

23,

Plan

subscription

for

offered

be

148,350

covering

1955,

heretofore

shares
under

of
the

its $10

par

Employees'

the company.—V.

adopted by

with

statement

181,

the

SEC

on

Purchase

The

United States Plywood Corp.—Reports Record Sales—

1955

this

exceeded

preceding year,

for its

corporation

$150,000,000,

which

year

ended

on

April

30,

above

about 20%

Antoville, President, announced

W.

S.

fiscal

record amount and

a

the

May

17.

Chairman

announced

325,000

shares
now

Thus,

of

of

the

24

May

on

shares

of

the

Board,

the

the

than

60%

Alfred

and

Driscoll,

E.

registration

proposed

stock

outstanding common

Inc.

Co.

from

the

sold

offering

with

of

Lazard

and
estate

1954

late

by

the
com¬

Co.

&

to

the

purchase
A.

slightly

estimated

He

1955

were

that

the

company's sales for

the

quarter

$43,000,000 and net profits, after taxes,

are

ended

April

indicated at

about $1.10 to $1.15 per common share on the total number of common
shares

(2,004.034)

estimated

He

now

that

April 30, 1955 were
number
Mr.

of

outstanding.

net

profits,

after

shares

(1,762,670)

per

share on the average

a

'in

which

will

be

consolidated

being conducted

at five

the

and

development

different plants.

budget has also been increased about

100%,

research

expected

will

be

will

March

31,

Inc.

Hudnut,

plan and

activities

The company's research

of

ethical

of

the

combined

amounted

he said.

to

a

Drug

558,411

cumul.

The

the

in

near

the proposed
The

future.

underwriters headed

of

group

the

present

was

companies

approximately

pharmaceutical

their

and

$86,000,000

leading

a

specialties

of

producers

consolidated
and

net

Warner-

Warner-Lambert

of

name

The company is

diversified

into

merged

was

corporate

adopted.

domestic

Co.

acquisitions
units

stated

increased

thattAhe

its

corporation's

recent

warehouse-distribution

expansion

organization

to

and
87

throughout the United States and Canada, its plans to 30 and its

timber

resources

to over

4,000,000,000 board feet.—V. 181, p. 1922.




PRESENT

producer

is

and

toiletries.

also

Sales

subsidiaries

income

The

for

in

1954

merger

Thus,
16%

of

The

had

outstanding

Lambert

as

Company,

the

company's

outstanding

March

31,

1955,

after

the

2,048,686 shares of common stock.

the proposed offering of 325.000
of

of

shares represents approximately

shares.—V.

181,

p.

1717.

Outstanding
4,850,000
7,840,000
6,860,000
18,000,000

250,000 shs.
100,000 shs.

♦The
all

75,000 shs.

30,000 shs.
($10

indenture

that

bonds

not

does

limit

the

outstanding

be

may

4,000,000 shs.

value)

par

be

outstanding to

so

aggregate

at

any

and

shares

of

Barney

time,

amount

but

limits

D, E, F and H
$20,000,000,

stock

that may

$15,000,000*

respectively.
named

below

have

severally

set

opposite

their

respective

names:

%
Baird & Co.,

Robert W.
Aim

&

Inc. 28.67
—

Co

&

Sheldon & Co.—
Monroe and Co

Bingham,

Brew-Jenkins
Gardner

the

from

&

the

company

set

stock

common

Co.—

named

underwriters

The

opposite

C.

1.33

below

have

their

Haydon
&

&

Co.,

Inc.

6.67

Co

severally

agreed

unsubscribed

to

new

First Boston Corp
Forgan & Co
'
Goldman, Sachs & Co
Harley, Haydon & Co., Inc.
Carter H. Harrison & Co.—
The Illinois Co. Inc
Kidder, Peabody & Co
Loewi & Co
—
—

respective

shares

purchase

of

of

names:

%

Best

&

Ellis

Blyth

&

Inc

0.60

&

C.

Emch

&

Co.,

Republic

Co
Inc

Co.

Denison

Farwell,

-

(Inc.)
Co.—

Co.-

Co._

Harris & Co.,

Inc.

Chapman & Co.—

181, p.

2165.

Marshall

1.67

The

1.25
1.25

McCormick & Co
Merrill Lynch, Pierce,

5.50

Inc

Co.,

Fairman,

—

Simmons

Monroe

and

Co—

Co

&

Dodge & Co
F. Dalton &

Clark

0.60

Inc.Co

&

Brew-Jenkins

Central

Co.—

Co.

&

Blair

Blunt

Braun,

2.50
0.50
1.25
2.50

5.5Cr
5.50

—

&

Sheldon

Bingham,
William

5.50

Glore,

;

Farrell.

&

C.

The

11.35

Inc.—_

Co.,

&

Co.—

Whipple
Becker

G.

—V.

The Marshall Company——
3.33
The Milwaukee Company— 16.67
Adolph
G. Thorsen
1.33
Ver Meulen & Co
1.33

11.35

Baird & Co.,

Allyn
&

Bacon,

A.

1,67
1.67

Inc.

Co.—

&

Barney

1.33
1.33
1.67

Loewi

%

Aim

A.

and

i

Harley,

percentages

r

A.

Emch

Co
Company

1.33

1.33

Inc

Co.,

Dalton

F.

C. Denison

H.

1.67

Company

Best

C.

%

28.67

Co.

&

of
tho

the company the percentages of unsubscribed

from

preferred

new

$35,000,000,

underwriters

2,894,532 shs.

principal

one

$15,000,000,

$40,000,000,

$15,000,000

$8,000,000,

Gardner

$6,378,000.

company

FINANCING

•

stock

Common

H

Antoville

Mr.

$5,437,377.

series

Bell

Lambert

March

ended

to

series

Smith,

statement covering

Commission

nationwide

con¬

3,920,000

($100 par value)—

series

4.40%

shares

Pfeiffer.

Co.

&

proprietary

largest

totaled

1954

Co.

the

by

1955,

and

and

the

among

with

made

Stanley

Morgan

On

the registration

that

filed

be

Pharmaceutical

outstanding during the year.

Antn-;iiie announced that the directors have approved

is

offering
by

appropriations for the construction of a centralized research laboratory

now

It
Issue

talfes, for the fiscal y*ar ended

approximately $3.95 to $4

corumori

months

3JA%, due Oct. 1, 1984

stock,

4.80%

less

headed by F. Eberstadt

group

Gustavus

Inc.

stock.

common

International

holdings.
a

company's

1982—

Series H,

A.

the

Products,

Drug

Warner-Lambert

Drug's

Freres

the

of

of

325,000 shares represents

of

formed in

was

International

by

shares

International

of

Inc.

be

558,411

proposed

Products,
&

to

are

owns

to pre¬

construction

1980—_

F, 314%, due April 1,

Robert W.

30,

the

1981—

Braun,

which

Sales

Bobst,

Co.—Registered Sec¬
Offering Proposed—

pany.

2401.

p.

of

SEC

stock,

common

Stock

of

applied

2,910,000

274%, due June 1,

agreed to purchase

•

Stock

pre¬

$29,100,000

UNDERWRITERS—The

•

•

Offerings

for

amounted

principal amount of bonds of series A, B, C,

etc.,

sales,

association

1971____

April 1,

*Pfd.

65 cents per

outstanding

exchange.

rentals,

amounted

of

Man¬

2289.

p.

be

1955

12

income

E, 3J4%, due

4%%

Warner-Lambert Pharmaceutical

registration

a

General

as

3'4%, due Jan. 1, 1978
314%, due Sept. 1, 1978—

Series D,

amounted

1954

Federal

for

last year was equivalent to

shares

2,474,346

V

May 19 tbe

on

(b) to its

will

in

part

during

Net

GIVING

mortgage bonds—
%, due Aug. 1,

Series C,

con¬

sponding period last year.—V. 181, p. 690.

United Air Lines, Inc.—Registers With SEC—
filed

2401.

p.

who is retiring after 31 years

incurred

pay

revenue

$35,500,276.

Series A. 3 'A

six months ending

Smith,

corporation

181,

Authorized

1955 is equivalent
the 2,474,280 shares of common stock out¬
exchange at Feb. 26, 1955. The net profit

for

rev¬

2288.

2165.

181, p.

♦First

$250,000 for contingent liabilities.

on

corresponding period

on

Film

ending

$1,700,000

of

esti¬

operating
181, p.

Co.—Two Stock

proceeds

bank

EARNINGS—Operating

profit for the six months ending Feb, 26,

ondary

This

total

of Service,

Edward F. Coogan

Power &

and

provision of $2,100,000

a

provision

a

months

six

provision

a

provision oi

a

net

cents

standing

incident to mining operations.

expenses

had

company

Series

profit

after

84

reserved

The

profit of $2,081,000 after
taxes

is

company

struction program.

Series B,

net

a

the

Maryland

1954.

automotive industry, Mr. Black said.—V. 181,

payment

liabilities.
net

The
to

U-NEV Uranium Corp., Salt Lake City, Utah—Files—

covering

its subsidiaries report for the

and

income

$1,618,000

builds

Pageol Van and Pony Express trucks, Highway Post Offices and special¬
ized

by the

of

pur¬

2401.

p.

Bros. Pictures, Inc.—Profit Increased—

company

The

leading producers

Twin

States

net income of $3,531,000.—V.

Series

further emphasized that the Aerojet purchase is another
.step in Twin Coach's long range product diversification program.
Tne
•of

This

*

Fageol

•company's

the

served

area

Dec.

1954,

in

areas

other

with. Autocar and 50 years of intimate

CAPITALIZATION

Warner

and

and

utilize

camshaft design and produce 26.5 brake horsepower.
They
widely sold for converting outboard to inbroad craft. Likewise, they
installed as optional engine equipment by over 60 boat builders.

■•are

distributing

refrigeration

par value cumulative preferred stock without limit
subject to allotment. The record date in each case is
May 16, and both subscription offers expire on June 7.
Both offers are being extended to employees and an¬
nuitants subject to limitations and allotment. The offer¬
ings have been underwritten by groups headed jointly by
Smith, Barney & Co. and Robert W. Baird & Co., Inc.

31,

been

has

purchasing,

overhead
»re

$14,-

but

become

1955.

1,

In

area

as

year

Karl A.

PROCEEDS—Of

elected

been

company

Manager

Johnston

Arbor

about

at

heating,

share for each 10 shares held and

one

Official Promoted—

•engine-building subsidiary of Twin Coach, through which the deal was
anade.
Aerojet patents, tools, dies, inventory and manufacturing equip¬
ment

aft.

inc.

fund

purchased

May 20

on

Net

Expenditures for

$100

1955—March—1954
1955—4 Mos.—1°54 $9,502,710
$8,906,861 $36,722,245 $36,535,579
7,039,210
7,219,792
27,652,915
28,660,819

30—

Apr.

Railway operating exps.
Net
railway
operating

Twin

Earnings Higher—
,

End.

Railway

1955.

ferred stockholders the right to subscribe at $102.75 per
share and accrued dividends for 30,000 shares of 4.40%.
J4

Period

Its

of the company's Autocar Division, located at Exton, Pa.

Wisconsin

2165.

p.

Wabash RR.—April

by the end of June our earnings
will be between $1.25 and $1.30 a

this year

of

of

Underwritten—This company is offering (a) to its com¬
mon stockholders the right to subscribe at
$25 per share
for 263,140 additional shares of common stock in the rati©

stated

lor

cost

$2,255,000 prin¬

Black, Chairman and President, announced

appointment of

$89,531

*15,997

*

engaged

adjoining

1,500,000

Detroit-Michigan

with hthe

$81,484

*2,160

from

Net

the

payment of

been

added

be

White Motor Co.—Roesch Heads Autocar Unit—

*8,753

♦Deficit.—V.

ago.

and

$38,249,000 and

Robert F.

$0.77

share

common

per

1954

$85,567

income

oper.

Net

of

part

will

that from these

Welbilt Corp.—Consolidation Effective—

From Jan. 1—
Gross

Earnings

railway
railway

from
ry.

4,038,030

income

on

of

is

metropolitan

Mr. Roesch succeeds

1955

from

Net

2,323,811

have

cooking,

Population

about

at

enues

the selling

closed

210.

p.

the

Columbia

of continuous service

Mar. 27,'54

taxes

for

the

bonds

expected

that the company

May 20 announced

on

recently

of

EARNINGS—For

Oil

Ry.—Earnings—

$27,156,897 $27,714,373

income

for

the

Is

provide

program

for

gas

Virginia.

mated

a platinum-containing catalyst in reforming ther¬
straight run and natural gasolines to upgrade their

Green, Secretary,

all

Utah

will

company

construction

within

poses

See

has

Boston

200,000.

uses

April—
Mar. 26,'55

the

of

It

1,

UOP
Platforming-Unifining units with
a
barrels-per-stream-day have gone on stream
Texas Co. at Port Arthur, Texas, and Lawrence-

The

Platforming

Gross

Provision

the sale

company.

estimated

111.

syndicate.—V.

^

.

13 Weeks Ended—

income

the

the

Both
installations
were
designed and licensed by Universal, and
engineered and constructed by the Lummus Company.—V. 181, p. 1486.

Twentieth Century-Fox Film Corp. (& Wholly-Owned

before

of

cipal amount of long-term debt due by Dec.

320,000 shs.

33,000

of

cracked,
octane
rating.

Subs.)—Earnings Lower—

Profit

proceeds from

funds

76,000 shs.

cents)

First

The

redemption at regular redemption

16,000 shs.
par)

(no

15

combination

more

refineries

554,952

$1.09

preferred divids.)

99.39;
99.2599.

Corp.,

Corp.,

to

funds,

ager

Total

subject

construction program and

Outstanding

$450,304

641,787

(after

2129.

p.

general

590,900

$756,714

shares

per

Securities

Securities

be

general

FINANCING

Uranium of Utah, Inc., Madera, Calif.—Stock Sold—

earnings

Common

—V.

Federal

for

will

1081.

mally

$11,892,273
taxes

PRESENT

$1)

stock

(par

capacity

ville,

sales
Federal

Union

BUSINESS—Company

The

before

the

selling natural

Products

Tung-Sol Electric Inc.

TO

Universal Oil Products—Licenses Units—

total

quickly sold. See V. 181, p. 2360.

Weeks

Equitable

and

bonds

new

PROCEEDS—Net

totaled

31, 1954,

Dec.

to

EFFECT

GIVING

(par

preferred
stock

by Lee Higginson Corp. and Straus, Blosser & Mc¬

13

ended

$22,946.

was

a

prices ranging from 104.685% to par, and at special redemption prices
receding from 101.50% to par, plus accrued interest in each case.

insurance

an

,

Trav-Ler Radio Corp.—Debentures Sold—The entire
issue of $1,100,000 12-year 6% sinking fund debentures
due May 15, 1967, which were publicly offered on
May

Income

months

six

organizing

of

process

continuing

—V.

Net

the

the

for

$216,513, and net income

Common

18

in

is

also

stock,

common

99.31;

The

corporation

by the group at competitive
bid of 100.925%.

was won

on

current

"Incoming orders are
barring work stoppages
for the

that

increased

dividend

per

holders

to

but

year,

accompanying

increase

an

last

of

100.133;

Corp.,

company.

substantially

the

May 25

on

Competing bids for the bonds as 3Vas were submitted by: Merrill
Lynch, Pierce, Fenner & Beane and Stone & Webster Securities Corp.
(jointly), 100.14; Halsey, Stuart & Co. Inc., 100.1333; Kidder, Peabody

in

loan companies.

in

other

and

specialized

engaged

are

and accrued interest, to yield 3.40%.

Award of the issue

purchase receivables.

2165.

p.

cate

Co., Dallas, Tex., on May 15 of¬
fered publicly 27,000 shares of 70-cent cumulative pre¬
ferred
stock
(no par) and 27,000 shares of common
stock (par 15 cents) in units of one share of each class
of stock at $11 per unit.

952,061

l—

railway
railway

from
ry.

$591,062

76,150

65

Washington Gas Light Co.—Bonds Offered—A syndi¬
jointly headed by Blair & Co. Incorporated and
Baxter Williams & Co. on May 26 offered
$8,000,000
of refunding mortgage bonds, 3M>% series due June
1,

fered—J. F. Perkins &

1952

241,808

from

Net

Universal Finance Corp., Dallas, Tex.—Securities Of¬

1953

$617,589

income

Jan.

Net

—V.

railway

railway

oper.

1954

(2521)

0.60
0.50
2.50
1.25
0.50
0.50
0.50
0.60
1.25

ner &

1.25
5.50
2.50

*'i?c

Co

1.2a
Fen-

Beane!

The Milwaukee Co
—
Mullaney, Wells & Co.—Alfred O'Gara & Co
Paine, Webber, Jackson &
Curtis
—
Shields & Co
—
Adolph G. Thorsen
Ver Meulen & Co._

White, Weld & Co

0.6O
0.60

5,50
6.25
0.60
0.50
2.50
1.25
0.50

0.50
5.50

66

Chronicle

The Commercial and Financial

(2522)
.

,

.

•

•
.

;

"

.
.

"

•

'

'

.

.

'

•

Monday, May 30, 1955

.

'

,

L

STATE AND CITY DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS

■

Castro

ALABAMA

Staats

Auburn, Ala.

Bond

$70,-

Warrant Sale—An issue of

000

general obligation sewer war¬

rants

sold

was

Mayes,

Hendrix

to

Birmingham,

of

21/fcS

as

Dated May 1, 1955.

and 2V4S.

&

Le¬

gality approved by Dumas, O'Neal
& Hayes, of Birmingham.
Ala.

Decatur,

Sale—The $243,000 public

Bond

offered May
24—v. 181, p. 2402—were awarded
to Hendrix & Mayes, and Sterne,
Agee & Leach, both of Birming¬
improvement

bonds

Certificate

$1,800,000
antici¬

revenue

pation certificates offered May 24
—v. 181, p. 2168—were awarded to
a
group composed of the Equit¬
able Securities Corp., Nashville,
Robinson-Humphrey Co., Atlanta,
B. J. Van Ingen & Co., New York
A.

Evans &

Atlanta, at oar,
of

about

net interest cost

a

3.07%,

lows:

(CDST) on June 2 for
.he purchase of $40,000 building
aonds.
Dated July 1, 1955.
Due
m July 1 from 1956 to 1975 incluive. Principal and interest (J-J)
payable at the County Treasurer's
jffice. Legality approved by Or¬
rick, Dahlquist, Herrington & Suti-liffe, of San Francisco.

inclusive.

795,000 3s. Due

April 1 from

on

Due

3.10s.

and

.he

May

1

awarded

were

$619,000 street

24—v.
to

181,

a

bonds

2290

p.

group

com¬

posed of the Equitable Securities

Nashville,

Corp.,

Courts

Co.,

&

Atlanta, and Cumberland Securi¬
ties Corp., Nashville.

an

Dated

ARKANSAS

(CST)
chase

that sealed bids

announces

received

June

on

of

bonds.

until

July
clusive.

1

on

7

the

for

22

$650,000

Dated

water

p.m.
pur¬

revenue

June

1, 1955. Due
from 1956 to 1985 in¬

'Callable

on

and

after

July 1, 1960. Interest J-J. Legal¬
ity
approved
by Townsend
&

Townsend, of Little Rock.
Fort Smith
Bond

Ark.

The

$1,000,000
building bonds offered May 19—
v.
181, p. 2059—were awarded to
T.

—

J.

Raney & Sons, and W. R.
Stephens
Investment
Co.,
Inc.,
both of Little Rock, as 2V2S, at a
price of 100.10.
CALIFORNIA
+

-•'

•

School

Los Angeles
Bond

office.

last

Whittier City School District,
Los Angeles County, Calif.

offered

bonds

$2,000 building

May 24—v.

awarded

to

181,

the

National

America

of

cisco,

as

p.

Bank

Trust

&

5s, at 100.95, a basis of

about 4.34%.

Bond

City

will

15

7:30

District,

County, Calif.

Sale—The $330,000 build¬

2402—were

awarded

&

to

Blyth
Staats &

Co., and William R.
Co., both of Los Angeles, jointly,
as
3s, at 100.97, a basis of about
2.89%.

Wood,

Offering

City

—

Clerk,

C.

Raymond
will receive

200,000 water works bonds. Dated
July 1, 1954. Due on July 1 from
to

1980

inclusive.

for

sealed
(CDST) on

the

J-J.

1985

on

July 1 from

inclusive.

Interest

Legality approved by O'Mel¬
& Myers, of Los Angeles.
Jones

Union

Elementary Sch.

Dist., Siskiyou County, Calif.
Bond Offering—Waldo J. Smith,

County Clerk, will receive sealed
bids at his office in Yreka, until
10

(CDST) on June 7 for the
purchase of $74,000 building
bonds. Dated July 1, 1955. Due on
July 1 from 1956 to 1980 inclusive.
Principal and interest (J-J) pay¬
able at the County Treasurer's of¬
fice.
Legality approved by Or¬
rick,
Dahlquist,
Herrington
&

Camp School District,
Joaquin County, Calif.
Bond Offering—R. E. Graham,
County Clerk, will receive sealed
bids until 11 a.m. (PDST) on May
11
for the
purchase of $87,0C0
building bonds.
Dated June 1,
1955.

Due

on

June 1 from 1956 to

inclusive.

Principal and in¬
terest
(J-D)
payable
at
the
County Treasurer's office. Legality
approved by Orrick, Dahlquist,
Herrington & Sutcliffe, of San
Francisco.

&

9

a.m.

ing

inclusive.

(J-J)

Principal

payable

and

interest

the

at

County

Bond

Sale—The

LaVista School District, Alameda

County, Calif.
Offering—Jack

Bond

G.

County Clerk, will receive sealed
bids at his office in Oakland, un¬
til 10 a.m. (CDST) on June 2 for
the purchase of $59,000 building
bonds. Dated Nov. 15, 1953. Due
Nov. 15.from 1969 to 1978 incl.

on

Principal and interest (M-N)
able

the

at

office.

Treasurer's

County

Legality approved by Or¬
Dahlquist,
Herrington
&

rick,

San

of

Francisco.

County, Calif.
Offering—Jack

Bond

G.

bids at his office in Oakland, un¬
10

(CDST)

a.m.

on

June 2 for

purchase of $131,000 building
bonds. Dated July 14, 1955. Due
on July 15 from 1956 to 1968 incl.
Principal and interest (J-J) pay¬
at
the
County Treasurer's

able

office.

Bond

Sale

Hannaford

&

The

$2,300,000
Issue, El Cajon Annex bonds
offered May 24—v. 181, p. 2290—
—

Sav¬

were

First

awarded to

a

of Blyth

&

National

syndicate
Co.,

com¬

Security-

Bank, of Los An¬
geles, R. H. Moulton & Co., of
San Francisco,
John Nuveen &
Co., of Chicago, Dean Witter &
Co., of San Francisco, William R.

&

Co.; Stokes

rick,
Dahlquist,
Herrington
Sutcliffe, of San Francisco.

Joaquin County, Calif.

Bond

Offering—R.

E.

Graham,
County Clerk, will receive sealed
bids at his office in Stockton, un¬
11 a.m. (CDST) on June 6 for

til

the

purchase of $2,300,000 build¬
ing .bonds.
Dated June 1, 1955.
Due

Bond

'

bids

June

on

1

from

Principal
payable
at

(J-D)

Treasurer's

bonds.
Dated July 1, 1955.
on July 1 from
1957 to 1979

ing
Due

inclusive.

(J-J)

Principal
payable "at

.

office.

1956 to

1975

interest
the
County
Legality ap¬
and

Irrigation District

(P. O.

Oakdale), Stanislaus County, Calif.
The

to

York

a

City,

3.05s,
basis of about 3.04%.
as

Other members of the syndicate:

&

Donald

nell,

Offering —^Merritt

Co., Inc.; E. F. Hutton

Co.; Pierce, Carrison,
Inc.; Robert N. Tuller
& Co.; Green, Ellis &
Mackey, Dunn & Co.,
Ryan, Inc.; Butcher &

Cor

sealed bids until 7:30 p.m.
June

on

for

6

$175,000
bonds.

works

June

Dated

June

from

1

(PDST)
purchase of

the

water

1,

1956

clusive.

Principal

Wulbern,
Co.; Ernst

Anderson;
Inc.; Park
Sherrerd;
Granbery, Marcahe & Co.; E. M.
Newton & Company; J. C. Wheat
&
Co.; Kormendi & Co. Inc>;
Fabricand & Co.; Hallowell, Sulz¬
berger & Co.; Robert Garrett &

Bernard

R.

the

office

.

an¬

will

bids

sealed

of

be

Day,

revenue

Due

1955.

in¬

1974

to

for the

June 7

receive,

will

Clerk,

City

urer

Berry & Howard, 750 Main Street,
Hartford, until noon (DST) on

Rialto, Calif.
Bond

purchase of $400,Dated July
15, 1955.
Due On July 15 from
1957 to 1975 inclusive.
Principal
and interest payable at the Con¬
necticut
Bank
&
Trust
Co., of
000

building

bonds.

Hartford.

""

interest

and

(J-D) payable at the City Treas¬

DELAWARE

urer's

office, or at any fiscal
agency of the City in Los An¬
geles.
Legality approved by
O'Melveny & Myers, of Los An¬
geles.
Salinas, Calif.
Bond
and

Sale—The

181,

v.

—

awarded

$500,000

drain

storm

May 23

to

2059

p.

the Bank

sewer

offered

bonds

were

—

America

of

National Trust & Savings Associa¬

tion, of San Francisco.
South

Sacramento

School

New

until

10

a.m.

(CDST)

June

bonds,

$36,000 build¬
July 1, 1955.
July 1 from 1957 to 1979

ing

bonds.

Due

on

(J-J)

and

office.

Treasurer's

interest

the

at

payable

County

Legality

ap¬

proved by Orrick, Dahlquist, Her¬

inclusive.

Joaquin Irrigation Dist.

(P. O. Manteca). San Joaquin

County, Calif.
The $20,750,000

Sale

—

Sevepth Issue, Tri-Dam revenue
bonds offered May 25—v. 181, p.
2167—were

awarded

headed by

to

a

syndi¬

F. S. Smithers &

Co., and Salomon Bros & Hutzler,
both

of

bonds.
1956 to

Note:

a

Sanitary
on

District

July

1

from

1985 inclusive.

Wilmington

95,000

Manor Sani¬

tary District bonds. Due on
July 1 from 1958 to 1973 incl.

300,000 Westwood-Forwood Sani¬
tary District bonds. Due on
July 1 from 1956 to 1983 incl.
175.000 Minquadale Sanitary
District

bonds.

Due

on

July

from 1956 to 1980 inclusive.

1

60,000 Marshallton Proper Sani¬
tary District bonds. Due on
July 1 from 1957 to 1980 incl.
The

bonds

dated

are

July

I,

1955.

Principal and interest (J-J)
oayahle at tne Farmers Bank of
the State of Delaware. Wilming¬
ton. Legality approved by Reed,
Hoyt,
Taylor
&
Washburn,
of
New York City.

York City, as 3.05s,
basis of about 3.04%.

The"

same

group

FLORIDA

pur¬

chased

the
$20,750,000 Oakdale
Irrigation District bonds and the
complete membership is shown
in the report above on the latter

sale.

Clewiston, Fla.
Bond Offering — Campbell E.
Nail, City Clerk, will receive seal¬
ed
bids until 2 p.m.
(EST) on

June 16 for the purchase of $35,000

street

The

Tehachapt, Calif.
Bond Sale
The $75,000 water
works bonds offered May 23—v.
181, p. 2290—were awarded to the

offer

—

San

Due

New

100.40,

First

Cedars

95,000

rington & Sutcliffe, of San Fran¬

San

Communities

Suburban

Sanitary District bonds. Due
on
July 1 from 1956 to 1985

cisco.
South

L.

improvement bonds. Due on
July 1 from 1956 to 1975 incl.
155,000
Eden-Hamilton
Park

Dated

Principal

inclusive.

,

Michael

—

follows:

as

$120,000

8

for the purchase of

Offering

Centrella,
Clerk
of
the
Levy
Court, will receive sealed bids
until 11 a.m. (DST)
on
June 7
for
the
purchase
of $1,000,000

District,

on

County (P. O.
Wilmington), Del.
V
J
..

County, Calif.
Bond Offering — C. C. LaRue,
County Clerk, will receive sealed
bids at his office in Sacramento,

Castle

Bond

Sacramento

at

awarded

syndi¬
cate headed by F. S. Smithers &
Co., and Salomon Bros. & Hutzler,
a

Sprague (P. O. Baltic), Conn.
Offering— Town Treas¬

Bond

at

2167—were

100.40,

ford, at 1.25% discount.

received

cate

of New

ap¬

$600,000

anticipation notes was sold to
the Hartford National Bank, Hart¬

cisco.

$20,750,000
Sixth
Issue,
Tri-Dam
revenue
bonds offered May 25—v. 181, p.

at

Note Sale—An issue of
tax

that

Bond

—

CONNECTICUT

nounces

rington & Sutcliffe, of San Fran¬

Sale

the

Legality

basis of about 3.18%.

a

New London, Conn.

interest
County

and

office.

Treasurer's

cisco.

Bond

100.46,

offiqe in Sacramento,
until 10 a.m. (CDST) on June 6
for the purchase of $25,000 build¬

proved by Orrick, Dahlquist, Her¬

Oakdale

Savings Association, of San
Francisco, as 3V4S, at a price of

his

at

National Trust

America

of

Bank

C. C. LaRue,

—

t

$15,030 build¬

Sale—The

Bond

ing bonds offered May 17—v. 181,
p.
2290 — were awarded to the
&

County, Calif.

Offering;

7.

<

Washington Colony Sch. Dist.,,
Fresno County, Calif.

County Clerk, will receive sealed

&

Lodi Union Free School District,
San

Co.

&

Union School District,

Sacramento

Legality approved by Or¬

& Company; Stroud & Company
Incorporated; G. H. Walker & Co.;
Riter & Co.; King, Quirk & Co.,
Inc.; Rand & Co.; Goodbody &

to

2290—

100.24.

at

Schmidt,

Blue.

County Clerk, will receive sealed

LaMasa, Lemon Grove and Spring
Valley Irrigation District, San
Diego County, Calif.
'

awarded

p.

Mueller

on

Lanston

were

181,

Corporation;

pay¬

about 3.98%.

offered May 17—v.

bonds

ings Association, of San Francisco;

Company; New York

Roberts M Parke; Wurts,
Dulles & Co.; Stein Bros. & Boyce;

Blue,

Hemphill, Noyes & Co., Dominick
&
Dominick;
Carl
M.
Loeb,
Rhoades & Co.; Wood, Struthers
& Co.; W. E. Hutton & Co.; Dick
&
Merle-Smith;
Aubrey
G.

$19,000

of America National Trust & Sav¬

proved by Orrick, Dahlquist, Her¬
rington & Sutcliffe, of San Fran¬

Treasurer's office.

both

Fresno County Water Works Dist.
No. 13 (P. O. Fresno), Calif.

posed

Trust

until

inclusive.

San

and

Hanseatic

Angeles

County Clerk, will receive sealed
bids at his office in Los Angeles,

a.m.

French

awarded to the Bank

2167—were

Whittaker & Co.; C. F.

1992 inclusive.

the

America

ings Association, San Francisco, or
at any fiscal agency of the
City in
Chicago or New York City. Legal¬
ity approved by O'Melveny &




1

County, Calif.
Bond Offering—Harold J. Ostly,

July 1, 1955. Due
to

Co.; Herbert J. Sims & Co., Inc.;
Woodcock,
Hess
&
Co.,
Inc.;
Robert L.

Orangevale

til

1956

& Lee;
Co.; Janney &

Strader, Taylor & Co., Inc.; J. R.
July

on

Lancaster Sch. Dist., Los

purchase of $1,300,000 water works bonds. Dated

Principal
interest (J-J) payable at the
City Treasurer's office; Bank of

and

Myers, of Los Angeles.

Due

Livermore School District, Alameda

Fifth

National

3V4s.

Talbot, of San Francisco, as 4s,
a
price of 100.10, a basis of

sealed bids until 7:30 p.m. (CDST)
on June 7 for the purchase of
$1,-

1956

1 from

at

Beverly Hills, Calif.
Bond

July

on

from 1969 to

receive

p.m.

Ballin

&

Johnson

Poole,

1968 inclusive.

1966 to

1,875,000

July 1 from

on

inclusive.

130,000 3s. Due

Offering—Celia Sweeden,

until

June

Calif.

ing bonds offered May 24—v. 181,
p.

1965

Sutcliffe,

Clerk,

bids

1970

Alameda

the County
Legality ap¬

at

Sutcliffe, of San Francisco.

School District,

Sale

interest

cisco.

Fort

Bond Offering—City Clerk F. P.
be

Due

1958 to

proved by Orrick, Dahlquist, Her¬
rington & Sutcliffe, of San Fran¬

Camden, Ark.

will

1973 in¬

and

payable

Treasurer's

for

2

1964 to

Principal

'M-N)

June

Nov.

Nov. 15 from

clusive.

veny

Benson

$295,000 4s.

Alameda

$84,000 building
15, 1953. Due

of

purchase

bonds.

on

H.

R.

Childs

bonds.
Dated July 1, 1955.
Due on July 1 from 1956 to 1975

(CDST)

El Centro,

improvement

sewer

offered

fol¬

as

(CDST) on May 31
for the purchase of $100,000 build¬

a.m.

Hannahs,^

Sons;

•

3.26%,

County Clerk, will receive sealed
aids at his office in Oakland, until

Montgomery, Ala.
Sale—The

Dist.,

County, Calif.
Offering — Jack G. Blue,

Savings Association, of San Fran¬

April

on

from 1977 to 1984 inclusive.

Bond

Sch.

Centerville

2402—were

1961 to 1976 inclusive.

865,000

a.m.

Bond Sale—The

April 1 from

on

1960

to

Shearson, Hammill & Co., of
York, at 100.012, a net in¬

10

follows:

as

$140,000 4s. Due
1957

& Co., and
Co., both of

Brooke

Byron,

Clement

New

10

Decatur),

Sale—The

second lien water

and

Co., of Los Angeles,
Co., of San Francisco,

terest cost of about

Bond

DeKalb County (P. O.
Alabama

Blue,

G.

&

County Clerk, will receive sealed
aids at his office in Oakland, until

ham, jointly.

City,

Offering—Jack

&

Kaiser

Valley School District,
County, Calif.

Alameda

Western Bank

Francisco,

interest

cost

at

of

&

Trust

100.25,

about

Co.

a

2.60%,

net
as

Further

details

relative

issue may be
the
City
Clerk

$50,000 2^s. Due
to

1965

25,000 2%s. Due
1966 to

on

June 15 from

from

or

Island High

School District (P. O. Fernandina
Bond

Beach, Florida
Offering — John T.

Weisner, Superintendent of Pub¬
„

Twenty-Nine Palms County Water
District (P. O. Box 755, TwentyNine

from

Leedy, Wheeler & Alleman, Inc.,
of Orlando, Fla.

June 15 from

1970 inclusive.

the

obtained

inclusive.
on

to

$35,000

Nassau County, Amelia

follows:

1956

improvement
bonds.
city originally intended to
$50,000 bonds on May 31,

Palms), Calif.
Bond Sale—The $750,000 water
bonds offered May 19—v. 181, p.

lic Instruction, will receive sealed
bids until 10 a.m. (EST) on June
for the purchase of, $835,000
high school bonds. Dated April 1,
1955. Due on April 1 from 1966

30

to

1975

inclusive.

Principal

and

olume

181

Number 5433

.

The Commercial and Financial Chronicle

.

.

'

t

terest

(A-O)

'lorida

payable

National

Bank

at

of

the

Bank

onville.

Legality approved by
atterson, Freeman, Richardson
Watson,

-

of

Jacksonville.

Pensacola,

composed

roup

f

No.

awarded

to

Bond

a

100.03,

i

sewer

certificates

interest

net

a

Offering—Jean

at

cost

of

C.

Gier-

Secretary of the Board of
Education,
will
receive
sealed
bids until 8 p.m. (CST) on June
2

for

the

purchase

of

1965

to

inclusive.

(J-D)

Principal

payable

and

at

the

First National Bank of

Evergreen
Park, or at a Chicago bank or
trust company designated
by the

about

successful

proved by Chapman & Cutler, of

3.06%, as follows: $262,33/4S, due on March 1
1956

to

1960

$176,000 2M>s, due
from

1961

$125,000
1, 1964

inclusive;

on

1963

to

2%s, due

March 1

inclusive; and $240,000 3s, due
March 1 from 1973 to 1975

inclusive.

500,000

general

improvement

certificates at 100.02, a net in¬
terest cost of about 3.06%, as
follows: $76,000 3%s, due on

March

1

from

1956

to

1960

inclusive; $73,000 21/2s, due
March

1

from

inclusive;

1961

$53,000

on

to

1963

23/4s,

due

March 1, 1964 and
1965;
$56,000 3.10s, due on March 1,
and

due

to

a

1972

1968

March 1 from

on

1975

Bond Sale—The

$155,000 build¬
ing bonds offered May 23—v. 181,
2402—were

p.

Vick &

to

inclusive.

(P. O. Clear¬
water), Fla.

Certificate Sale—The $2,650,000
—

awarded

181,

v.

to

a

2290

p.

group

were

—

composed

of

John

Nuveen & Co., of
Chicago,
Leedy, Wheeler & Alleman, of
Orlando, Pierce, Carrison, Wulbern, Inc., of Jacksonville, Goodbody & Co., of New York, E. Ray
Allen & Co., of Chicago, Atwill
and Co., of Miami Beach, Courts
&
Co., of Atlanta, McCleary &
Co., of St. Petersburg, Herbert J.
Sims & Co., of New
York, and
Stubbs, Smith & Lombardo, Inc.,

Birmingham, at

a

Bond

1962

to

: and

j

on

June 1, 1963

1964.

199,000 3s.
.1965

j

June 1 from

inclusive.

Due

to

May

June

2.90s.

on

Due

June

1

to

bank

1966

the

on

June

1

Bond

successful

1955.

bondsf

Due

July

] from 1957 to 1972 inclusive.

Company,

Legality

4s.

from

1957

to

inclusive.

The. bonds

are

Interest

dated

April

Legality

1,

ap¬

proved by Charles & Trauernicht,
of St. Louis.

of

Anderson.

Batesville, Ind.
Prentice,

City

receive

(EST)
purchase
of

Richard
bids

1,

$40,000

municipal

1955.

1,

composed of the Con¬

Co.,

National

First

Trust

&

Bank

National
Savings

&

Bank,

Bank,
Northern Trust Co., City National




Due

fjrom July 1, 1956

1966 inclusive. Interest

Ross,

Indi¬

anapolis.

National

offered the
&

Estes

will
7:30

bonds.

Town
:

Clerk-Treasurer,

scaled

bids

until

(CDST) on June 2 for
purchase of $27,000 municipal
p.m.

June

1,

1955.

Ice

approved

&
;

Columbus
Bond

by

Miller,
~i

of

'

Ross,
Indi¬
/

School City, Ind.

Sale—The $350,000 build¬

ing bonds offered May 23—v. 181,
p.
2403—were
awarded
to
the
Harris
Trust
&' Savings
Bank,
Chicago, as l%s,^t 100.27, a basis
of about

bonds

day were sold to

bonds.

Due

March

1

1.83%.

*

Interest

A-O.

bonds

dated

are

2.08%.

Armory
1

from

South

1,

25—v. 181, p.

Offering

Harold

J.

—

sealed

bids

until

ment

Due

bonds.

Dated

June

on

1

June

from

1955.

1,

1956 to

Pepperell, Mass.

of

Commerce

of

1975

Portland.

Legality approved by Hutchinson,
Pierce, Atwood & Scribner, of

count.

Additional Sale—The Second

Clerk

W.

County

Bauereis

J.

Fiscal

June

on

2

the

for

announces

will

Court

sealed bids until 10:30

receive

a.m.

for

purposes

purchase of vari¬
bonds totaling $24,-

of

revenue

bonds. Dated May 1, 1955. Due on

from

1

Nov.

1956

sive. Bonds due
to

Nov.

inclu¬

1975

to

and subsequent

1960 are callable on
May 1, 1960. Principal

1,

after

and

on

and interest

(M-N) payable at the
Peoples-Liberty
Bank
& Trust

Company, of Covington. Legality
approved by Chapman & Cutler,
of Chicago.

Bond

Offering —J.

16

A.

Shelby,

the

inclusive.

Bond

725,000 bonds,

gas

systems revenue bonds total¬

were sold to the
Securities Corporation,
of Nashville, as follows:

ing

$2,325,000

2V2s.

Due

on

April

1

from 1956 to 1962 inclusive.

335,000
from

23/4s.

on
April
1965 inclusive.

Due

1963 to

1956 to

from

from

1966 to

Due on April

from

1

clusive.

as

June

inclusive.

Due

bonds
1956

The

bonds.

School

1975

Dated Feb. 15, 1955. Due on
Aug. 15 from 1961 to 1964 in¬

clusive.

police

550,000

bonds

Corn
York

Orleans, or the Chemical
Exchange
Bank, of New

Legality approved by
Chapman & Cutler, of Chicago.
City.

June

dated

are

1,

building

Principal and interest pay¬

clusive.

1970 inclusive.

1958 to

Third

Public
March

Dated

1955.

1,

Sept. 1 from 1960 to

on

Dated

May 26 were awarded to
Middlesex
County National

Bank

1955. Due on
Sept. 1 from 1960 to 1979 in¬

The

Ninth

March

Loan

Water

Dated

1955.
Sept. 1 from 1960 to

Dated

March

26,
Pay¬

May

1955.

Shawmut

National

of Boston.
Legality ap¬
by
Storey,
Thorndike,
of Boston.

Bank,

proved

■Bond

1,

Swampscott, Mass.
Sale — Library addition,

and

sewer

fire department bonds

Hutton & Co.,

sold to W. E.

and Lyons

Boston,
100.06,

bonds.

Sewer

& Shafto, Inc., both of

at

1.70s,

as

a

price

of

basis of about 1.69%.

a

clusive.

500,000 Second Public Park
Building bonds.
Dated April

Oct.

on

1

Due

1965

bonds.

from

1956 to

June

on

1

inclusive.

40,000 sewer bonds. Due on June
1 from 1956 to 1963 inclusive.

24,000 fire department
bonds.

from

1956

1975 inclusive.

Second Recreation Loan
Dated
May
1,
1955.

addition

library

$95,000

1, 1955. Due on

Sept. 1 from 1977 to 1984 in¬

1, 1955. Due

Nov. 2,

on

The sale consisted of:

Tenth

2,400,000

dated

are

the

at

were

on

dis¬

0.975%

Everett, at

notes
Due

able

clusive.

bonds.

of

count.

bonds.

School

March 1,

7,500,000

notes

$500,000

offered

Palmer & Dodge,

Eighth

8,000,000

ap¬

Somerville, Mass.
Sale—The

Note

1955.

Library

Legality

Boston.

Storey,
Thorndike,
Palmer & Dodge, of Boston.

the

1,950,000 incinerator - reduction
plant bonds. Dated March 1,
1955. Due on Sept.
1 from

Shawmut

by

proved

bonds.

15, 1955. Due on
Aug. 15 from 1961 to 1966 in¬

Due

of

Bank

National

the

Due

to

on

equipment

June

1

from

1960 inclusive.

1, 1955. Principal
payable at the Sec¬
Street Trust Co.,

June

Dated

bonds.

and

interest

Due

on

ond

Bank-State

inclusive.

Nov.

1

from

1966

to

of

Boston.

Dated

New

from

1

at

Feb.

Dated

500,000

inclusive.

June

on

1960 inclusive.

to

able

1

April 1, 1955. Principal
and interest (A-O) payable at the
National Bank of Commerce, of

pavement

macadam

100,000

follows:

1956 to

from

1

on

1965

1955.

1956 to

1

Due on
1956 to 1980 in¬

bonds.

sewer

June

1970

1,320,000 2.95s.

on
1975 in¬

clusive.

250,000

Ghin-

J.

Equitable

$670,000

bonds.

1

June

purchase of $24,-

Ninth

$2,000,000

Due

Sale—Electric, water and

Due

school

$330,000

Due

1970 inclusive.

Parish School
Board, will receive sealed bids
until 11 a.m. (CST) on June 7 for
the purchase of $135,000 building
bonds. Due serially from 1956 to
of

the

for

bonds.

No.

Sch. Dist.

(P. O. Arcadia), La.

Secretary

Offering—John

475,000

LOUISIANA
Parish

Bienville

2

A.

Mooney, Jr., City Treasurer-Col¬
lector, will receive sealed bids at
the National Shawmut Bank of

220,000 street construction bonds.

ger, City Treasurer, will receive
sealed bids until 11 a.m. (EST) on
June

Quincy, Mass.
Offering — Frederic

Bond

until

the

(EST)

purchase

school building

$600,000

Court

also

Company

purchased an issue of $25,000 tax
anticipation notes, at 1.00%'dis¬
count.
Due on Nov. 20, 1955.

lows:

Offering—City Treasurer
John J. Ghingher announces that

Bond

Trust

Bank-State

purchase of $900,000 bonds, as fol¬

Bond

2

Trust

Street

Bank-State

Company, of Boston, at 1.14% dis¬

Boston, 40 Water Street, until 11
a.m.
(DST): on June 1 for the
MARYLAND

June

$38,000 tempo¬

notes offered May 17—v. 181,

2292—were awarded to the Sec¬

Principal and interest
payable at the National

725,000.^
County (P. O. Covington),
Kentucky

Sale—The

Note

inclusive.

Bank

at 100.74, a

City, as 2.20s,
of about 2.13%.

basis

re¬

noon

KENTUCKY

—

$300,000 court

2291—were awarded
Boston Corp., New

First

the

to

ond

(DST) on June 1 for the purchase
of $105,000 permanent improve¬

ous

Offering

Sale—The

Bond

p.

Portland, Me.

sealed bids will be received

July

1955.

Bond

basis of about

a

■

Dukes County (P. O. Edgartown),
Massachusetts

rary

MAINE

from

1956 to 1965 inclusive.

The

100.17,

at

2.10s,

Legality approved by Foley, Cox
& Judell, of New Orleans. /

Baltimore, Md.

March

on

Moseley &
Corp., R. L. Day & Co., Blair &
Co., Inc., Estabrook & Co., all of
New York City, and Rockland-Atlas National Bank of Boston, as

inclusive.

1974

Oct. 1 from 1955

on

Portland.

Guard

2403—were awarded
composed of F. S.
Co., Lee Higginson

p.

York

Improvemen'

on

group

a

Due

1965 inclusive.

National

75,000

Due

from July 1, 1956
July 1, 1962 inclusive: Interest
Legality

Due

1956 to

181,

to

Houma, La.

semi-annually
J-J.

Armory

Street

26—v.

1974 inclusive.

Offering-*-Ruth W. Laud-

bonds; Dated

to

$75,000

Co., of Topeka.

$274,000

$1,150,000

1,: 1955.

(J-D)

Sale —The

same

Sale —The

project bonds offered May

house addition-bonds offered May

The sale consisted of:

1975

receive

2V4s,

as

par.

Guard

Chesterfield, Indiana
Bond

at

Additional

the

Jyly

Bond Sale—The $6,000,000 park

Illinois

2V8S and 2s,

Small-Mil-

Wichita,

MASSACHUSETTS

un¬

a.m.

ceive

the

to

of

H.

until

June 6 for

Legality approved by
McCord, Ice &
JVIiller, of

anapolis.

improvement bonds offered May
24—v. 181, p. 2291—were awarded
group

Co.,

Bis-

bids

Webster, City Treasurer, will

The

—

June 1, 1984

on

(CST) on July 13 for
the purchase of $2,000,000 public
improvement bonds. Dated Aug.

price of par.

a

Clerk-Treasurer,

t

on

Dated

Jan.

—

sealed

p.m.

McCord,

Chicago Park District, III.

Harris

Citizens

by Ross, McCord, Ice & Miller, of Indianapolis.

the

J-J.

1,
from

approved

Offering

11

Due

and 1985.

Baltimore, Md.

1966 in¬
interest

the

at

Banking

erbaugh,

as

'

1

Sale

Kenton

June

setfif-annually

payable?

(J-J)

Dated

1956 t6" Jan. 1,
Principal
and

1,

clusive.

2

2xAs, at

as

awarded

burn

that

building

to

Bonds totaling

20,000 water works bonds,

City,

Mac-

sealed bids until i p.m. (CST) on
June 8 for the ptfrchase of $70,000

water works revenue
bonds, as 4s. Due on Jan. 1

Trust

to

Offering-£-John A. Boone,
Trustee, will receive

•

tinental

bidder.

J-J.

Jan.

a

Township

Sale

Dated

at

Sale—The $350,000 build¬

Bond

$20,000 parking
16

$274,000 im¬
provement bonds offered May 25

desig¬

Dougal & Condon, of Chicago.

$85,000

a

payable

company

2402—were" awarded

p.

til

2291—were awarded
to the First State Bank, of Web¬
ster

J-J.

Mr.

—

will receive sealed

181, p.

—v.

Interest

Offering

2s.

to

City, Iowa

bonds offered May

revenue

inclusive.

Additional
land

build¬
ing bonds offered May 24—v. 181,
p. 2403—were awarded to Becker
& Cownie, Inc., Des Moines.

Bond Sale—The

1965

Legality approved by-Foley, Cox
& Judell, of New Orleans.

Kansas), III.

semi-annually

$105,000 were sold to Magnus &
Co.; of Cincinnati, as follows:

to

Principal

ing bonds offered May 24—v. 181,

Broadlands, III.
—

of

Edgar, Coles and Clark Counties
Community Unit Sch. Dist. No. 3
O.

to

Bond Sale—The $185,000

lot

Due on July 1 from 1956

1, 1955.

Bank,

Township Consol. School
District (P. O. Route 1,
Waterloo), Iowa

Legality approved by Chapman &
Cutler, of Chicago.

(P.

purchase of $275,000 public
improvement bonds.; Dated July

Orange

Dated

Dec. 1 from

on

(J-D)

the

by

bonds.

ILLINOIS

Bond

bids

purchase
bonds.

inclusive.

trust

or

nated

will

from 1979 to 1985 inclusive.

1955.

for

building

interest

Bond

from 1971 to 1978 inclusive.

1972

31

for the

of Des Moines.

were

1, 1955. Due

1957
and

inclusive,

Due

Sealed

—

be

Due on June 1 from
1970

334,000 3.10s.
367,000

Offering

National

Moines

Iowa-Des

1983 inclusive.

1957 to

30,000

school

Offering—Ralph B. Bisland, Secretary of the Parish Po¬

build¬
ing bonds offered May 23—v. 181,
p.
2403—were awarded
to the

$370,000 2y4s. Due on June 1 from

\Braintree, Mass.

lice Jury, will receive sealed bids
until 9 a.m.
(CST) on June 22

Sale—The $225,000

100.001, a net interest
cost of about 2.21%, as follows:
at

Bond

Bond

Iowa

2291—were awarded
Sons, of Balti¬

181, p.

Alex. Brown &

to

(P. O.

Houma), La.

Lytton Independent School District,
Bond

or

Terrebonne Parish

Co., of Des Moines, jointly.

Bond

Twp. (P. O.
Anderson), Ind.

ticipation certificates offered May
20—v. 181, p. 2168—were awarded
to a group headed by Johnson,
Lane, Space & Co., of Savannah,
at a price of 100.002, a net inter¬
est cost of about 3.02%, as follows:
1956

&

2168—were awarded to
& Co., and Sparks

p.

Nuveen

KANSAS

received by the Board of
Education until 8 p.m.
(CDST)

Savannah, Georgia

60,000 3V4s.

181,

v.

John

at any

bank desig¬
nated by the purchaser. Legality
approved by Chapman & Cutler,
of Chicago.

Sale—The $250,000 water
bonds offered May 24—

Bond

Dated June 1, 1955.
1 from 1956 to 1975

June

on

urer's office

Atlantic, Iowa

revenue

a.m.

Principal and interest
(J-D) payable at the City Treas¬

IOWA

Hays, Kan.

Arlington Heights), III.
will

Due

Bond

District No. 214 (P. O.

sanitary bonds offered May 24

B

inclusive.

INDIANA

Certiiicate Sale—The $1,100,000
and sewerage revenue an¬

on

B.

the

sealed

of about 2.23%.

Anderson Twp. School

water

Due

M.

receive

Corporation, of Indianapolis, as
2y4s, at a price of 100.08, a basis

County, Twp. High School

price of 99.

GEORGIA

$140,000 4s.

to

will

Bond

more,

Co., Chicago.

$1,250,000

water revenue certificates offered

of

I

on

Pinellas County

May 24

Cook

awarded

that

announces

Metropolitan Com¬

(P. O. Ellicott City), Md.
Sale—The $400,000 series

mission

school bonds.

p.

the

to

awarded

Webster

County Sch. District No. Ill
(P. O. Oak Lawn), III.

Poag

Council

bids until 10

2168 — were
City Securities

181,

v.

—

1.79%.
Cook

A.

City

Howard County

Offering—City Secretary

—v.

the Chase

Bank, New York City,
A. C. Allyn & Co., Chicago, and
Stifel, Nicolaus & Co., St. Louis,
as l%s, at 100.40, a basis of about

to

1973

bonds offered May 24
p. 2291—were awarded

Manhattan

inclusive; and $87,000 3s,

due

$1,000,000 series

group composed of

1967; $155,000 3J/4s,

March 1 from

on

::

181,

—v.

P.

$24,300 School

ap¬

A corporate

on

1966

Legality

County Forest Preserve Dist.
(P. O. Chicago), III.

Bond Sale—The

and

March 1 from 1968 to 1972

on

Cook

March

1965; $132,000
3.10s, due on March 1, 1966
and 1967; $365,000 3Y4s, due
on

Chicago.

inclusive;
on

bidder.

Monroe, La.

Bond

(CST) on June
22 for the purchase of $1,200,000

May 19

school

funding bonds. Dated June
1, 1955. Due on Dec. 1 from 1956

"

r

Townships bonds offered

$200,000

.000
from

Sale—The

Bond

man,

interest

and

(P. O. R. F. D.

Twp.

1, Vallonia), Ind.

and Civil

County Community High Sch.
Dist No. 231 (P. O.
Evergreen
Park), Illinois

of John Nuveen

1,300,000
street
improvement

basis

a

Cook

follows:

as

2y4s, at 100.43,

as

of about 2.21%.

Robinson-Humphrey Co., Inc.,

Atlanta,

«;

.

^

.

Co., Chicago, B. J. Van Ingen
Co., New York City, Equitable
ecurities Corp., Nashville, Leedy,
heeler & Alleman, of
Orlando,
nd

r

■

Joffer son

Chicago,

Fla.

2168—were

p.

*

^

Trust

Co., and American

Certificate Sale—The $1,800,000
•ertificates offered May 25 — v.

81,

&

National Bank & Trust Co., all of

Jack-

67

(2523)

Taunton, Mass.

850,000 health, welfare and other

buildings bonds. Dated May 1,
1955. Due Nov.

Legality

King
City.

&

1, 1967.

approved

Dawson,

of

by
Wood,
New York

Note

Sale—The

$500,000

notes

181, p. 2403—
were
awarded to the First Na¬
tional Bank of Boston, at 0.984%

offered May 24—v.

discount.

«8

(2524)

The Commercial and Financial Chronicle

Monday, May 30, 1955

...

_

Webber,

MICHIGAN

Rural Agricultural Sch.
(P. O. New Baltimore), Mich.

Dist.

Bond Sale—The

.site

and

building

—

$65,000 Vfes.
and

Due

tem

S

July 1, 1966

1970

on

inclusive.

Ores,

Mich.

Bond Offering—Sealed bids will
be received by the City Clerk un-

*il 8 p.m. (EST) on June 2 for the

to

1969

-or

trust company to be

designated

Battle Creek

Township (P. O.

Battle Creek), Mich.

Offering—W.
until

L.

Raynes,

11

(EST) on
.Tune 1 for the purchase of
$430,4300 water supply and distribution
system improvement and refund¬
a.m.

revenue bond& Dated Dec.

1954. Due

1,

April 1 from 1956 to

on

1988 inclusive.

Sutherland &

Paddock &

Stone, of Detroit. (The
originally scheduled for

May 17.)

Huron

Valley Sch. Dist. (P. O.
Milford), Mich.

Bond

Offerng

Brandeberry,
Board

of

(P. O. Trenton ), Mich.

Offering—Gladys Hunter,
Director,

will

bids until 8 p.m.

receive

(EST)

on

-June 2 for the purchase of
$100,■000 building bonds. Dated June
1955. Due

1973

1,
July 1 from 1956 to

on

inclusive.

terest

trust

Principal and in¬
(J-J) payable at a bank or

company

to

be

designated

by the successful bidder. Legality
by
Miller,
Canfield,
Paddock & Stone, of Detrot.

-approved

1

from

Secretary

Sale—The

1, 1955. Due

1958

able at

to

bank

Chicago.

Deford

ler.

2292—were

awarded

to

net interest cost of about

Kuhnlien,

will

1956

to

Bank of Menominee.

1962

to

Due

on

1961

Due
1971

\rthur

&

Vloore

on

Due

on

Due

on

May 1, 1972.
May 1, 1973.

ed bids until 8 p.m.
(EST) on
31 for the purchase of

to

May

$550,000
paving bonds.

1959

from

on

to
1 0

1955

and

3s, due

to

$165,000

inclusive.

Dec.

1

from

0,0 0 0

recreational

bonds:

$50,000

Dec.

1

from

clusive;

and

Dec.

1

on

Principal and interest (M-S)

pay¬

Co., De¬

approved by Miller,
Paddock & Stone, of

Detroit.

1972

Principal and
interest payable at a banking in¬
stitution designated by the suc¬
cessful bidder. Legality approved
by Dorsey, Colman, Barker, Scott
& Barber, of Minneapolis.

Minneapolis, Minn.
Bond Offering—City Comptrol¬
ler A1 Hansen announces that the

(CST)
of

3y4s,

1955

to

due
1964

$50,000

from

in¬

3fc,

1965

to

due

2292

—

were

awarded to




Paine,

1970

a.m.

follows:

as

500,000 school

as

fol¬

lows:

$48,000 series I bonds.
Due on
July 1 from 1956 to 1963 in¬

to

Due

Dated
1

1956

to

at

the

June

1,
1955. Principal and interest
(J-J)
payable at a bank or trust com¬
to be designated by the

members

Other

181,

p.

—

National

at

York

100.14,

a

(J-J)

Bond
000

sold
of

Sale—An

road

and

the

to

Bank,

airport

improve¬

.

Ca-

L.

Clerk,

bids

118,

until

June 7

Dated

Ind.

Consol.

117 and 81

Sch.

(P. O.

Bond Sale—The $165,000 build¬

suc¬

bidder. Legality approved

2404

First
and

—

were

National
the

First

awarded

Bank

of

National

St.

to

15

of
as

follows:

1956 to

Bond,
sealed

R.

receive

(MST)

p.m.

on

purchase of $100,bonds.

July 1, 1955. AmortizationV
will

first

the

be

will

bonds

choice of the

Madison

bridge

First

National

Interest

A-O.

Charles

by

Bank,

Legality

&

Trauer-

nicht, of St. Louis.

choice;

the

be

second

City Council. Inter¬

Town

Offering

Bond

C.

—

H.

6

obligation

bonds.

building

Hughes,

June
$20,000

(MST)
of

on

Dated

July

purchase

bonds.

bonds

Amortization

1955.

the first

1,

will be

choice; serial bonds will

Miles City, Mont.

195b

works

gas

bonds.

Due

The

—

$20,000 fire
May 23—v.

truck

bonds

181,

2404—were awarded to the

p.

offered

First National Bank of Miles City.
Stillwater County

High School Dist.

(P. O. Rapelje), Mont.
revenue

Due from 1959 to 1985

natural

Sale

water

from

Due

J-J.

Interest

Bond

inclusive.

water

bonds.

the

for

Jones,

a.m.

general
1975

W.

be the second choice of the School

will receive sealed
(CST) on June
7
for
the
purchase of $175,00C
bonds, as follows:
10

Offering—J.

until 8 p.m.

bids

Clerk,

bids until

County High Sch. Dist.
(P. O. Harrison), Mont.

District Clerk, will receive sealed

Board.

Walnut, Miss.
Bond

No. 23

$200,bonds was

from

clusive.

system
from

reve¬

1958

to

Bond Sale—The $76,000 build¬
ing bonds offered May 23—v. 181,
p.
2292 — were awarded to the
Yellowstone Bank, of Columbus,
as 2.80s, at 100.13.

MISSOURI

Hartington, Neb.

Jackson

County (P. O.
Independence), Mo.

Bond Sale—An issue of

street

Bond

Sale—The $1,000,000 park
offered May 25—v. 181, p.

bonds

2292—were

awarded

to

a

on

July 1 from

1965 inclusive.

paving bonds
of Hartington.

Bank

group

was

$100,000

sold to

NEW HAMPSHIRE

composed of Smith, Barney & Co.,

Hornblo^ver

&

Weeks,

both

Dover, N. H.

oi
New York City, William Blair &

Co., Blupt Ellis & Simmons, both
Chicago, and White-Phillips
Co., Davenport, at 100.17, a net

of

interest

cost

of

about

1.94%,

as

follows:

$250,000

l%s.

Due

on

April

Note Offering—Sealed bids

be received until

Due Dec. 20,

750,000 2s.

Due

1965

1969

to

on

St.

Bond

inclusive.

County Indep. Sch. Dist.
18 (P. O. Gilbert), Mo.

No.
Bond

Sale—The

$75,000 build¬
ing bonds offered May 24—v. 181,
p.
2404—were
awarded
to
the
First
and

National
the

Bank

Northern

of

Gilbert,

National

Bank

of

Duluth, jointly, as 2.40s,
100.07, a basis of about 2.39%.
St.

Louis

at

Bond

of

first

nance

Housing
Agency.

$875,000

non¬

mortgage

dor¬

and

Home

the

100.12,

National

a

on

as

are

dated
1 from

June

inclusive.

terest

Shawmut

2s, at a price
basis of about 1.97%.

bonds

1955. Due
1967

of $60,000
bonds was

issue

June

1,

1956 to

Principal and in¬
at
the National

payable

Shawmut Bank, of Boston. Legal¬

ity approved by Ropes,
Gray,
Best, Coolidge & Rugg, of Boston.
Rockingham County (P. O.
Exeter), N. H.

mitory bonds offered May 19—v.
181, p. 2169—were awarded to the
Federal

to

The

University (P. O.

Sale—The

exempt

Sale—An

Bank, of Boston,

St. Louis), Mo.

tax

1955.

improvement

public
sold

Louis

on

$300,1955.

Dover, N. H.

1

April 1 from

will

(DST)

noon

June 1 for the purchase of
000 notes.
Dated June 1,

from 1957 to 1964 inclusive.

the

Paul,

Bank

Minneapolis, jointly at 100.10,
$95,000 2V4S. Due

C.

—

will
7:30

for the

bonds

of

issue

as 3s, 2V2s, 2y4s and
April 15, 1955. Due on
1956 to 1975 in¬

Dated

April

May 24 — v.
awarded to

Walnut Grove), Minn.

p.

E.

Albany),

were

City, jointly, as 1.70s,
basis of about 1.67%.

Joint

Harold

and

Offering

City

Memphis,

2s.

pay¬

Redwood, Murray and Cottonwood
Counties

syndi¬

Wood & Co., both of St. Paul.

Mississippi

July

Harriman Ripley & Co., Inc., and
C. F. Childs & Co., Inc., both of
New

the

NEBRASKA
on

Paul), Minn.

2169

of

Ripley & Co., Inc.,
Mercantile Trust Company, of St.
Louis, First of Michigan Corpora*
tion, of New York, Foster & Mar¬
shall, of Seattle, William Blair &
Co., of Chicago, Kalman & Co.,
Piper, Jaffray & Hopwood, both
of
Minneapolis, Stern Bros. &
Co., of Kansas City, the Illinois
Company, of Chicago, First Na¬

est J-J.

Union County (P. O. New

Manhattan

ment bonds offered

30

cate: Harriman

inclusive

Minneapolis-St. Paul Metropolitan
Airports Commission (P. O.

obligation

June

on

from 1971 to 1975 inclusive.

serial

90,000

Bank, of New York City, or at the
City Treasurer's office. Legality
approved by Wood, King & Daw¬
son, of New York City.
The foregoing bonds are in ad¬

St.

from

1984 inclusive.

1975

Chase

Due

2.20s.

197,850

trial bonds. Due serially from 1956
to 1980 inclusive.

nue

Principal and interest
able

1970

to

rothers, City Clerk, will offer at
p.m. (CST) on
May 8, an issue of $100,000 indus¬

ing bonds offered May 25—v. 181,
dated

1960

Hardin, Mont.

inclusive.

July 1, 1955. Due

from

on June 30
inclusive.

2,176,350 2s. Due

Bond

public auction at 8

bonds.

on

clusive.
are

in¬

Aug. 1, 1955

Offering—Leona

55,000

670,000 public building bonds.

June 30 from

on

500 water works extension

550,000 street impr0vement

July 1 from 1956 to 1959 in¬
bonds

$791,400 3s. Due

tional Bank, of Minneapolis, First

additional

Batesville, Miss.
Bond

works

900,000 revolving bonds.

bear

MISSISSIPPI

$20,000

bonds.

Chicago, at 100.03, a net
cost of about 2.13%, as

Aug. 1, 1956.

to

Dist. Nos.

clusive.

202,000 series II bonds.

bonds

Feb. 1 from

on

inclusive.

1975

to

terest of 1.10% from

900,000 storm drain bonds.

Detroit.

p.

10

Bond Sale—The $1,000,000 gen¬

by Berry, Stevens & Moorman, of

Michigan
$25,000 build¬
ing bonds offered May 24—v. 181,

until

2 for the purchase

$4,771,000 bonds,

1974

No. 4

Sale—The

bids

on

Eureka

Bond

sealed
on June

Feb. 1 from

on

145,000 2.70s. Due

Board of Estimate & Taxation will

receive

Feb. 1 from

on

1958 to 1964 inclusive.

approved

provement bonds being offered on
the same date—v. 181, p. 2404.

special assessment bonds,

pany

inclusive.

facilities

bids until 7:30 p.m. (EST) on
May
for the
purchase of $250,000

cessful

Township Frac. Sch. Dist.
(P. O. Route 2, Greenville),

bids until .7:30 p.m.

dition to the $388,798.12 street im¬

31

The

Mrs. Eddie

—

1965

; Bond Offering—Gladys Holmes,
City Clerk, will receive sealed

Sept.

Offering

(CST)
May 31 for the purchase of
$45,000 building bonds. Dated May
I, 1955. Due on Feb. 1 from 1958

inclusive.

inclusive.

able at the Detroit Trust
troit. Legality

follows:

Royal Oak, Mich.

May 1 from

1, 1955. Due

1

inclusive;

1984

follows:

Consol.

on

eral

Detroit, Mich.
Bond Offering—Chas. H.
Beaubien, City Clerk, will receive seal¬

1956

Dec.

Due

Lucht, District Clerk, will receive
sealed

gen¬

$215,000 park bonds: $50,000 3V4s,

May 1 from

East

assessment

Bond

Bank,

1965 to 1969 inclusive.

bonds.

Common

Inc.,

Moody,

both of St. Paul, at 100.02, a net
cost of about 2.63%, as

The

of

162,000 sidewalk bonds.

obligation bonds offered May
23—v. 181, p. 2404—were awarded
to Baun, Bosworth &
Co., Inc.,
Toledo, at 100.05, a net interest
as

&

Juran

100,000 2V2S. Due

Sch. Dist. No. 29 (P. O. Quamba),
Minnesota

Detroit,

eral

on

County

both

interest

1956 to 1959 inclusive.

interest

389,000 park bonds.

3.02%,

County Ind. Consol Sch.
Wheaton),

and the American National

serially from 1957 to 1976 inclu¬
sive. Legality approved by Dorsey, Colman, Barker, Scott & Bar¬
ber, of Minneapolis.
Kanabec

181, p. 1926—were awarded to
syndicate headed by the North¬
Trust Co., and Blyth & Co.,

follows:

neapolis;

(P. O.

until 7:30 p.m. (CST) on June 21
for
the
purchase of $2,250,000

McDonaldof

Oak Park, Mich.
Sale — The $315,000

1964

arid

$700,000 school bonds.

Co., and
Co., both

&

Principal

school improvement

v.
a

ern

Bond Sale—The $385,000 build¬
ing bonds offered May 25—v. 181,
p. 2404—were awarded to a group
composed of E. J. Prescott & Co.,
and Kalman & Co., both of Min¬

Robbinsdale), Minn.

181, p. 2404—
Kenower, Mac-

to

inclusive.

Bond Offering—Sealed bids will
be received by the District Clerk

jointly, at 100.001.

2.48%,

inclusive.

9,000 IV2S.

Canfield,

awarded

ity approved by Dorsey, Colman,
Barker, Scott & Barber, of Min¬
neapolis.
(,

$140,000 2.10s. Due

offered May 23—v.

inclusive.

9,000 1 %s.

Dated June

of

School District

assessment street and sewer bonds

were

by the Village Clerk
(CST) on June 16 for
general
improvement bonds. Due serially
from 1957 to 1976 inclusive. Legal¬
until 8 p.m.

Hennepin County Independent

Monroe, Mich.
Bond Sale—The $96,000 special

on

76,000 2V2s.

purchase

receive

until 7:30 p.m. (CST)
May 31 for the purchase of
555,000 school bonds. Dated April
1, 1955. Due semi-annually from
Oct. 1, 1955 to Oct. 1, 1972 inclu¬
sive. Principal and interest (A-O)
payable
at
the
First
National

follows:

from

Director,

1976

sealfed bids

Ken-

MacArthur & Co., and Mc¬
Donald-Moore & Co., both of De¬
troit, jointly, at a price of 100.008,

1

Stone,

Township School
8 (P.O.R. F.D.),

Bond Offering—V. P.

due

ower,

$31,000 3V2S.

the

interest

to

cost of about

Community School District,

special

pay¬

or

Canfield, Paddock &

District

Michigan

as

for

$100,000
swimming pool bonds. Dated June
1, 1955. Due on June 1 from 1957

inclusive.

Menominee), Mick.

Sale—The $125,000 build¬
ing bonds offered May 19—v. 181,

a

1973

April

on

of Detroit.

Bond

p.

the

trust company
to be, designated by the successful
bidder. Legality approved by Mil¬
a

Bond

$16,500

high¬
way fund bonds offered May 24—
v. 181, p. 2403—were
awarded to
Paine, Webber, Jackson & Curtis,
of

of

J.

Education, will receive

Principal and interest (A-O)

Camden, Mich.
Bond

Lawrence

—

an

Brownstown and Monguagon Twps.
Brae. School District No. 3

^sealed

Co., both of Toledo,

jointly.

District No.

District

2

County School District No.
1 (P. O. Great Falls), Mont.
Bond Sale —The $3,957,000
building bonds offered May 23—

Minnesota

nated

Bond Sale—The $300,000 build¬
ing bonds offered May 24—v. 181,
p. 2292—were awarded to Stranahan, Harris & Co., Inc., and Ryan,

Trust

Bond

sew¬

Cascade

the purchase of $1,410,000

Dist. No. 32 (P. O.

payable at a bank desig¬
by the successful bidder.
Legality approved by Faegre &
Benson, of Minneapolis.

(A-O) payable at the De¬
Co., Detroit. Legality
-approved
by
Miller,
Canfield,

terest

was

and

will

be received

Traverse

to

Menominee

sale

trust

or

Bond Offering—Orvil Johnson,
City Manager, will receive sealed
bids until 7:30 p.m. (CST) on June

Livingstone, Crouse &
both of Detroit, jointly,
214 s, at a price of 100.05, a

Principal and in¬

troit

bank

a

to be designated by the

MINNESOTA

R.

Dated June

Township Clerk, will receive seal¬

ing

supply

sealed bids until 8 p.m. (EST) on
June 9 for the purchase of $1,250,000 school site and building bonds.

by the successful bidder.

bids

interest

and

MONTANA

Richfield, Minn.
Bond Offering—Sealed bids

Granite Falls, Minn.

Township School District
(P. O. Flat Rock), Mich.

inclusive.

Principal and
interest (M-N) payable at a bank

ed

Principal

a

Huron

purchase of $22,500 motor vehicle
Iiighway fund bonds. Dated May
~1, 1955. Due on May 1 from 1956

Bond

Due

Legality approved by
MJiller,
Canfield,
Paddock
&
Stone, of Detroit.

basis of about 2.24%.

July 1 from

55,000 2V2S. Due on July 1, 1971.
55,000 2*4s. Due on July 1, 1972.
55,000 2s. Due on July 1, 1973.
Au

1955.

Co.,

and 1967.
to

1,

as

on

150,000 2%s. Due
1968

water

June

purchaser.

sys¬

age disposal system revenue
bonds
to
Siler &
Co., arid

inclusive.

Due

par,
about

purchase of
utility revenue

(M-S) payable at

of

of

the

from 1959 to 1970 in¬

1

company

bonds to Shan¬

Co.,

March

clusive.

Detroit, at a
net interest
cost of
3.04%, as fol¬
lows:
$340,000 3s, due on
April 1 from 1958 to 1979 in¬
clusive; and $40,000 314s, due
on April 1,
1980 and 1981.
135,000

1965

to

&

price

35,000 3s. Due on July 1, 1958.
290,000 2%s. Due on July 1 from
1959

revenue

non

for

8

electric
Dated

bonds.
on

follows:

as

June

on

$900,000

$380,000 automobile parking

1957.

95,000 2V2s.

of

$515,000 bonds
May 16—v. 181, p. 2061—

awarded

were

July 1, 1956

on

Curtis,

,

Sale—The

offered

bonds

181, p.

v.

&

Grosse Pointe, Mich.
Bond

$800,000 school

offered
2403 — were
awarded to a group composed of
the First of Michigan Corp., De¬
troit, John Nuveen & Co., Chi¬
cago, McDonald-Moore & Co., H.
V. Sattley & Co., both of Detroit,
and Ballman & Main, of Chicago,
at 100.01, a net interest cost of
about 2.61%, as follows:
Alary 25

Jackson

Chicago.

Anchor Bay

Fi¬

Note

Sale—The

offered

the

May 26

First

ton,

at 1.25%

The
1955.

notes

Due

$150,000

on

notes
awarded to

were

National

Bank

of

Bos¬

discount.
are

Dec.

dated

May 27,
19, 1955. Prin¬

cipal and interest payable at the

30,000 21/2s. Due

South Haven, Mich.

1966 to

Bond
son,

sealed

Offering—Norman Nel¬
City
Clerk,
will
receive
bids

until 7:30

p.m.

(EST)

40,000 2.70s. Due
.

1969 to

on

July 1 from

1968 inclusive.
on

July 1 from

1972 inclusive.

Sturgeon, Mo.
Bond
water

the

First

Sale—An issue of $15,000

revenue

bonds

was

Sturgeon State Bank.

sold

to

National

Legality

Thorndike,
Boston.

Bank

approved

Palmer

of

by
&

Boston.

Storey;

Dodge,

of

Number 5433

181

Volume

.

Kirkland,

Wharton, N. J.

NEW JERSEY

Bond Offering—Hugh

School Dist.

Township

Bethlehem

(P. O. West Portal), N. J. 1
Bond Sale—The $60,000 build¬

-

24—v. 181,
p. 2293 — were awarded to the
Washington Trust Co., Washing¬
ton, as 2.45s, at 100.15, a basis of

ing bonds offered May

2.43%.

about

June

Cape May Point, N. J.
Sale—The $15,000 equip¬

Bond

May

offered

bonds

24—v.

awarded to
Boland, Saffin & Co., New York
City, as 2.85s, at 100.05, a basis of
181,

2169

p.

—

were

to

of

Bank

improvement

public

Dated July

East Rutherford. Legality
approved by Reed, Hoyt, Taylor &
Washburn, of New York City.

Secretary of the Board of Educa¬

tion, will receive sealed bids until
p.m. (DST) on June 7 for the
purchase of $270,000 building
bonds.
Dated June 1, 1955. Due

8

the

for

20

bonds,

as

noon

Dated June

(MST)

York

York City Housing

New

&

Authority,

New York

June

purchase of $2,359,000

follows:

$240,000 fire bonds. Due on July 1
from 1957 to 1975 inclusive.

Offering

—

Philip

J.

Each bidder must
rial

maturities

prescribe

se¬

bonds

on

the

for

Jan. 1 of each year

1975 inclusive.

rate

the Citizens National
Co., Caldwell. Le¬
gality approved by Hawkins, Delafield & Wood, of New York City.

build¬

Bond Sale—The $450,000

2.40s, at 100.22,

Bond

Principal and interest (J-D)

1955.

Albuquerque National Bank.

Le¬
gality approved by Pershing, Bosworth, Dick & Dawson, of Denver.

County (P. O. Trenton),
New Jersey
Sale
The $942,000 im¬

NEW YORK

—

provement bonds offered May 24
—v.
181, p. 2293—were awarded
to Salomon. Bros. & Hutzler, of
New York

City,

1.70s, at 100.08,

as

North Brunswick Twp.

School Dist.

(P. O. Route 4, New Brunswick),
New Jersey
Bond Sale—The

Croton-On-Hudson, N. Y.

Offering—Joseph A. Zer-

Bond

$750,000 build¬

receive

Clerk, will

Village

ello,

sealed bids until* 11 a.m. (DST) on

purchase of $38,000

June 8 for the

basis of about 1.68%.

a

1,

July

dated

are

basis

a

of about 2.37%.
Mercer

bonds

York

B. J.

p. 2293—were awarded to
Van Ingen & Co., Inc., New
as

675,000 water bonds. Due on July
1 from 1957 to 1975 inclusive.

payable at the City Treasurer's
office, or at the Chase Manhattan
Bank, New York City, and the

ing bonds offered May 25—v. 181,

City,

inclusive.

494,000

The

Hillsdale School District, N. J.

sanitary sewer system bonds.
Dated July 1, 1955. Due on July 1
from 1956 to 1963 inclusive. Prin¬

payable

(J-J)

interest

and

cipal

Midland Trust Co.,

at the Marine

Legality approved

ing bonds offered May 24—v. 181,

New York City.

2062—were awarded to a group
composed of the National State
Bank, Van Deventer Bros., Inc.,
J. R. Ross & Co., F. R. Cole & Co.,
all of Newark, and Ewing & Co.,
of Montclair, as 2lks, at 100.10, a

by Wood, King & Dawson,
York City.

p.

of New

Dist. No.

(P. O. Binghamton), N.
Bond

Sale

—

J

Y.

$2,940,000

The

building bonds offered May 26—v.
Red Bank,

N. J.

Sale—The

$503,000

gen¬

improvement and
sewer
May 23—v. 181, p.
2169—were awarded to a group
bonds offered

National

the

of

composed

State

Bank, Ryan, Hanauer & Co., and
Robert E. Lewis, Jr., all of New¬
ark, taking $502,000 bonds as 2.05s,
at 100.21, a basis of about 2.02%.
Roseland School District, N. J.
Bond

& Co., Inc., New
City,
Manufacturers
&
Traders Trust Co., Buffalo, Roose¬
velt & Cross, Wood, Struthers &
Co., F. S. Smithers & Co., all of
New York City, First of Michigan
Corp., Detroit, W. H. Morton &
Co., R. D. White & Co., and Rand
& Co., all of New York City, as
2V2s, at 100.73, a basis of about
Buffalo,

181, p.
the Na¬

2.43%.

& Essex

Newark

Banking

Eden Water District (P.

(P. O. Elizabeth),
Jersey

New

Offering

Bond

Pearsall,
receive

sealed

—

M.

Donald

Treasurer,

County

cn

bids until

11

O. Eden),

New York

$38,000 water

Sale—The

Bond

distribution system bonds offered

181, p. 2293

19 —v.

May

the

to

awarded

—

Buffalo,
100.05,

a

2V2s,

as

Marine

bonds.
1956

improvement

to

Due

on

1980

47,000 park bonds.
1 from

The
1955.

July

1

from

inclusive.

at

a

price

of

dated

July

payable at the County Treasurer's
office, or at the National State
Bank,
Elizabeth.
Legality
ap¬
proved by Reed, Hoyt, Tavlor &
Washburn, of New York City.




amount from the prin¬

not vary in

cipal and interest payable in any
other

year,

above determined,

as

by more than $1,050.

(P. O.

Dist. No.

1

Marathon), N. Y.

Bond Sale—The

after

$400,000 build¬

26—v. 181,
2405—were awarded to George

B. Gibbons &

&

Stevenson
York

100.53,

City,
a

Co., Inc., and Bacon,
Co.,

jointly,

both
as

of

New

2.40s,

basis of about 2.34%.

bids at

the

re¬

office

at

cus
& Co., Prescott & Co., Raffensperger, Hughes & Co., Ryan,

of

Sutherland &

McNab, 434 State St.,
Schenectady, until 2:30 p.m.
(DST)

on June 2 for the purchase
$1,850,000
site and building

of

interest payment date there¬
after, as a whole, or in part in the
any

of

order

inverse

their

numbers,

redemption price of par and
interest to date of re¬

a

demption plus a premium of 4%
of their par value if redeemed on
or before Jan.
1, 1970; or a pre¬
mium of 3% of their par value if
thereafter,

redeemed

but

on

or

premium
of 2V2% of their par value if re¬
deemed thereafter but on or be¬
before Jan. 1, 1975; or a

1980; or a premium of
2% of their par value if redeemed
thereafter, but on or before Jan. 1,
1985, or a premium of 1% of their
par value if redeemed thereafter,
but on or before Jan. 1, 1990, and

fore Jan. 1,

without

premium

if

redeemed
interest

Principal and

thereafter.

payable at the
Bankers
New York City.

(J-J)

Trust Co.,

bonds

will

be

direct

general obligations of the

and

Author¬

ity and the punctual payment of
the principal of and interest on
said bonds will be guaranteed by
City of New York pursuant to
Contract between the

The

The City of New
to
the project,
March 1, 1953. The

and

relating

York,
dated

of

as

of the principal of and
on said bonds will be ad¬

payment

ditionally secured by a pledge of
net revenues of the project

the

with
are

respect to which said bonds

to be issued as

resolution

provided in the
the issu¬

authorizing

of said bonds.

The Authority
said re¬
obliga¬

has reserved the right in

solution to issue additional
tions
nues

ner

payable frbm the net reve¬
of said project in the man¬

provided therein.

The

proved

the bonds and
Contract will be ap¬

validity of

the Guaranty

by

Caldwell,

Marshall,

Stein

able

Mohawk

the

at

&

Co.,

Oyster Bay, Massapequa Water
Dist. (P. O. Oyster Bay), N. Y.
Bond
Offering—Lewis N.
Waters, Town Supervisor, will re¬
ceive sealed bonds until 11 a.m.

(DST)

May 31 for the pur¬
$102,000 water bonds

on
of

Dated Dec.

1, 1954. Due on June 1

1956 to 1974 inclusive. Prin¬

cipal and interest

Bay,

Manhattan

Chase

Trust

Bank

Oyster

of

Company,
the

New York

payable

(J-D)

Shore

North

the

at

or

Bank,

al
of

6

No.

J. Omer La-

—

plant, City Chamberlain, will re¬
until

bids

sealed

ceive

3

p.m.

June 9 for the pur¬
chase of
$250,000 water bonds.
Dated July 1, 1955. Due on July 1
(DST)

on

from 1956 to 1970 inclusive. Prin¬

cipal

(J-J)

interest

and

Plattsburgh.

payable

of

Albany,

Bank

State

at' the

Legality

12

(P. O. Rome), N. Y.
Offering — Robert C.

Bond

Wentworth, District Trustee, will
receive
of G.

sealed

bids

for the District,

ington

St.,

(DST)
of

office

the

at

Edward LaGratta,

Attorney

125 North Wash¬

until

Rome,

noon

June 2 for the purchase

on

$282,000 building bonds. Dated
1, 1955. Due on Dec. 1 from.
to 1984 inclusive.
Principal

June
1956

and interest
Rome

(J-D) payable at the
Co., Rome. Legality

Trust

approved by Sullivan, Donovan,.
Hanrahan, McGovern & Lane, ct
New York City.
Bonaventure

St.

University (P. 0„

St. Bonaventure), N. Y.

Offering

Bond

Juvenal

Rev.

—

Lalor, O. F. M., President of the

enue

will receive sealedp.m. (DST) on June?purchase of $1,250,000*
tax-exempt dormitory rev¬
bonds.
Dated July 1, 1954.

Due

on

University,

Plattsburgh, N. Y.
Offering

Brothers,

Deventer

Co., and Zahner & Co.

by Vandewater, Sykes, Heckler &

Bond

Van

Rome Common School District

City. Legality approved

Galloway, of New York City.

&

Gundy & Co., Inc., Wurts, Dulles

National

Schenectady. Legality
approved by Sykes, Heckler &
Galloway, of New York City.

Stokes

Boyce,

Inc., J. G. White & Co., Inc., Wood,

of

Bank,

Co., Shannon & Co.,
&

Bros.

Co., Walter Stokes & Co., Talmage

Principal and interest (M-N) pay¬

approved

by Caldwell, Marshall, Trimble &

until 2

bids

the

for

7

not

July 1 from 1957 to 1994k

inclusive.

Principal

interest

and

(J-J) payable at the Marine Trust
Co. of Western New York, Buf¬

falo,

at the Marine Midland
New York City. Legal¬

or

Trust Co.,

ity approved by Sullivan, Dona-

McGovern

Hanrahan,

van,

Mitchell, of New York City.

&■

Lane, of New York City.
Port of New York

Authority, N. Y.
Sale — The $30,000,000

Bond

Clarendon,

series, consolidated bonds
offered May 23—v. 181, p. 2293—
were
awarded
to
a
syndicate
headed
Drexel

Stuart & Co..
Glore, Forgan &

&

Co.,

price of 99.05,

2%s, at

of

basis

about 2.79%.

a

a

J.

Devine &

Co., Blair & Co.,

Inc., Merrill Lynch, Pierce,, Fenner
& Beane, Hallgarten & Co..
Dick & Merle-Smith, B. J. Van
Ingen & Co., Shields & Co., Braun.
Bosworth & Co., Inc., Coffin &
Burr,

Eastman, Dillon & Co., A
Boland, Saffin &

C. Allyn & Co.,

Co., Barr Brothers & Co., Kean,
Taylor & Co., John Nuveen & Co.,
Swiss-A m e r i c a n Corp., Hornblower & Weeks, Stroud & Co..
Roosevelt & Cross, Laurence M.
Marks
&
Co., Central Republic
Co., Bache & Co., Wm. E. Pollock
& Co., Ira Haupt & Co., Baxter,
Williams &
ties Corp.,

Co., American Securi¬
Wertheim & Co., Hirsch

Co., Weeden & Co., Francis I.
DuPont
&
Co., Green, Ellis &
&

Tucker,

Anderson, Tripp
Anthony & Co.

&

Co.,

Smithers

&

Co., Mackey.

S.

F.

Dunn
&

&

Clerk, will receive sealed
3 p.m. (DST) on Juno

the

1955.

purchase

bonds.

Due

on

interest

(M-N)

$835,00(t
March
195&'

from

Principal

inclusive.

1985

of

Dated

March 1

and

at

the

payable

Com¬

Trust

Lincoln-Rochester

of Rochester. Legality ap¬
by Vandewater,
Sykes,
Heckler & Galloway, of New York

pany,

proved
City.

Triangle, Barker, Chenango, Lisle,
Maine, Marathon, lVif-

Nanticoke,

let, Greene, and Smithville
School

District

No.

1

Central-

(P.

O.

Whitney Point), N. Y.

Offering—Carlton R. Bird,

Bond

will receive sealed
p.m.
(DST) on*
2 for the purchase of $540,-

District Clerk,

2:30

until

bids
June

building bonds. Dated May I,.
Due on May 1 from 1956 to
1985 inclusive. Principal and in¬

000

1955.

terest

York

(M-N) payable at the New
Trust
Company,
of New
City. Legality approved by
Sykes,
Heckler &

Vandewater,

Galloway, of New York

City.

Redpath, R. L. Day & Co., A.

Webster Dougherty & Co., Eman¬
uel
&

for

to

;

until

bids
2

y.

Offering—Frank W. Epke,

Bond

District

York

Co., Auchincloss, Parker

No. ,1

District

(P. O. Brockport), N.

building

Other members of the syndicate:
C.

School

Central

by Halsey,

Co., Ladenburg, Thalmann & Co..

Ogden, Parma, Clarhson
Murray and Bergen

Sweden,

fourth

1966, will be redeemable

1,

prior to maturity at the option of
the Authority on Jan. 1, 1965, or

ance

ing bonds offered May
p.

Clerk, will

S.

as

The bonds maturing on or
Jan.

interest

Cincinnatus,

and Lisle Central Sch.

Due on July

1,
Principal and interest (J-J)
are

principal

Authority

Harford, Mara¬

Willet,

Virgil,

thon,

1956 to 1965 inclusive.

bonds

any

and interest
payable in each fiscal year com¬
mencing July 1, 1957, i.e., the in¬
terest payable each July 1 and the
principal and interest becoming
due on the following Jan. 1 shall
the

that

Trust

basis of about 2.49%.

Freetown, Lapeer,

general

in

Guaranty

lows:

$1,258,000

be

the bonds in

by

not

but

were

a.m.

June

to

of one-eighth or

The

will Company of Western New York,

8 for the pur¬
chase of $1,305,000 bonds, as fol¬
(DST)

Blair

York

Co., of Newark, as 2.20s, at 100.03,
a basis of about 2.19%.
Union County

p.

to

May 25—v.

awarded

2405—were

tional

school'

Sale—The $171,000

bonds offered

2404—were awarded to a
group
composed of the Marine
Trust Co. of Western New York,
181,

eral

interest

multiples
one-tenth of 1%,
event exceeding
5% per annum. All of the bonds
maturing in any one
(1) year
must bear the same single rate of
interest. The annual maturities of
the bonds shall be so arranged

borne

at

and

Chenango

Kirkwood Central Sch.

basis of about 2.23%.

Bond

of

rates

or

accrued

Fenton,

Dickinson,

sealed

from

(EDST) on June 1 for the
purchase of $27,150,000 Part IV
Program bonds (Bay View Houses,
NYC-24 and Coney Island Houses,
NYC-25). Dated July 1, 1955.
a.m.

payable at

Principal and interest (J-D)

W.
H. Newbold's
Son & Co.,
Newhard, Cook & Co., D. A. Pin-

Frederick P.

—

District

Duncan

11

Bank & Trust

June 1 from 1957 to 1975 inclu¬

sive.

Offering

chase

sanitary sewer bonds.
Due on July 1 from 1957 to

on

Bond

Buehler,

Cruise, Chairman of the Author¬
ity, will receive sealed bids until

beginning Jan.
1, 1958, and ending Jan. 1, 2003.
Such maturity schedule shall be
submitted with the proposal. Each
bidder must
also
prescribe the

950,000 storm sewer bonds. Due
on
July 1 from 1957 to 1975

Arthur & Co.

City. Legality approved by

Caldwell,
Marshall,
Trimble
Mitchell, of New York City.

sealed

on

27, 1955. Due on Dec.

28, 1955. Payable at the Chemical
Corn
Exchange Bank,
of New

Bond

receive

will

Clerk,

until 2 p.m.

'

(P. O. Schenectady),

May 1 from 1956 to 1985 inclusive.

sue

Albuquerque, N. Mex.
Bond Offering—Ida V. Malone,
bids

J.

Au¬

the

Co., John C. Legg & Co., MacBride, Miller & Co., A. E. Masten
& Co., Mead, Miller & Co., Mer¬
rill, Turben & Co., Kenower, Mac-

bonds. Dated May 1, 1955. Due on

NEW MEXICO

City
School District, N. J.
Bond Offering—C. H. Wrensch,
Fells

Philip

that

1

69

&

New York

ceive

Authority,

will receive sealed bids
(DST) on May 31 for
purchase of $20,495,000 (Is¬
CVII) temporary loan notes.

the

Bank,

Essex

announces

No.

until

ity

Principal and interest (J-J) pay¬
able at the Rutherford National

and Colonie Central Sch. Dist.

Trust

&

purchaser without charge.

Niskayuna, Glenville, Clifton Park

thority

R. Roeg-

approved by Hawkins, Dela¬
field & Wood, of New York City.

purchase of $112,-

June 13 for the

Bank

2.10s, at 100.20, a

as

Sale—Chairman

Note

Cruise

of

Secretary

to the

New York

School District, N. J.

Bond Offering— John
er,

Dist.

build¬

$52,000

New York City Housing

New York City.
W ood-Lynne

Sch.

& Mitchell, whose ap¬
proving opinion will be delivered

basis of about 2.05%.

Dover,

approved by
Delafield & Wood, of

bonds.

Borough Clerk, will receive sealed
bids
until 8:30 p.m.
(DST) on

from

Co., Albany,

Legality

Hawkins,

Central

Paris

Sale—The

Commercial

tional

payable at the Na¬

1, 1955. Due on June
1956 to
1966 inclusive.

Rutherford, N. J.
Bond Offering — Edwin Maher,
East

1

on

interest (J-D)
tional
Union

Trimble

ing bonds offered May 26—v. 181,
p. 2405—were awarded to the Na¬

the Board of
Education,
will
receive
sealed
bids until 8 p.m. (DST) on June
14
for
the
purchase of $25,000
school bonds. Dated July 1, 1955.
Due on July 1 from 1956 to 1965
inclusive.
Principal and interest
(J-J)
payable at the
Camden
Trust Company, Camden.
Legal¬

about 2.83%.

000

$29,Dated June

June 1 from 1956
1965 inclusive.
Principal and

1, 1955. Due

Whites-

No. 1 (P, O. Clinton), N. Y.
Bond

14 for the purchase of

000 fire engine bonds.

and

non

Hartford,

New

Marshall, Westmoreland, Ver¬

town,

A. Force,

Borough Clerk, will receive seal¬
ed bids until 8 p.m.
(DST) on

Wharton.

ment

(2525)

The Commercial and Financial Chronicle

.

.

Deetjen

&

G.

Co.,

C.

Butternuts and Sidney
Central Sch. Dist. No. 2 (P.O.

Unadilla,

Haas

Unadilla,

Newberger, Loeb & Co..
& Co., Schmidt, Poole & Co.,

Co.,

Rand

Singer,

& Scribner, John
Starkweather & Co.,

Deane

Small & Co.,

Bond Sale—The

bonds

N.

Y.

$360,000 school

May 26—v. 181, p,
awarded to the Marine*

offered

2405—were

Thomas & Co., C. F. Childs & Co.,

Trust

Allison-Williams &

Buffalo, and R. D. White & Co.,
New York City, jointly, as 2.60s,

&

Co., Andrews

Wells, Inc., Arthurs, Lestrange

& Co.,
Barret,
Fitch, North & Co., J. Barth & Co.,
Boettcher & Co., Brooke & Co.,
&

Co.,

Barcus,

Bacon, Whipple
Kindred & Co.,

at

C.

Julian
Courts
Co., Cunningham, Schmertz &
Collings

&

&

No. 1

Co.,

Co., Shelby Cullom Davis & Co.,
Dempsey-Tegeler & Co., Ellis &

New York,

2.59%.

Baldwin, Erin Chemung,

Spencer, Barton,
Cayuta

Collins & Co., Cohu & Co.,

of Western

100.12, a basis of about

Van Etten,

Butcher & Sherrerd.
C.

Co.

Newfield and

Central Sch. Dist.
(P. O. Van Etten),
New York

Offering—Chas. C. Ring,
District Clerk, will receive sealed
Bond

bids

until 2 p.m.

(DST) on June

$331,500
1, 1955.
to 1984
interest
Goodbody & Co., Johnson & John¬
(J-D) payable at the Farmers &
son, McCormick & Co., McMaster
Hutchinson & Co., A. M. Kidder Merchants Bank, of Spencer. LeCo., Clement A. Evans & Co.,
Fauset, Steele & Co., Glickenhaus
& Lembo, Glover & MacGregor,

purchase of
school bonds. Dated June
Due on Dec. 1 from 1955
inclusive. Principal and
2

for

the

70

The Commercial and Financial

(2526)

until

gality approved by Vandewater,
Sykes, Heckler & Galloway, of
New York City.

(EST)

noon

purchase of $297,000 building
bonds. Dated June 1, 1955. Due on
from 1956 to 1978 in¬

December 1

Wallkill Common School District

clusive.

Principal
and
interest
(J-D)
payable
at
the
1 e g a 1
depository of the board, currently
the Athens National Bank, Athens.
Legality
approved
by
Squire,
Sanders & Dempsey, of Cleveland.

No.

12 (P. O. R. D. 4,
Middletown), N. Y.

Bond Offering—Samuel E. Mit¬

chell, District Clerk, will receive
sealed bids until 3:30 p.m. (DST)
on
June 2 for the purchase of
June

1,1955. Due

1956

to

on

inclusive.

1973

-

Bond
ary

Principal

—v.

and interest (J-J) payable at the

Orange

to

main

Westbury, N.Y.

$152,000 land acquisition and vil¬
lage hall bonds. Dated May 1,
1955. Due on May 1 from 1956 to
1975 inclusive. Principal and in¬
terest (M-N) payable at the Bank

New

York

Wood,

&

Fahey, Clark & Co., of Cleve¬

(EST)
of

$35,000 bonds,

$20,000

until

7:30

p.m.

Due

Dec.

on

North Hampton,

Nabors,
Board of Education,

from

15

Clerk of the

will receive sealed bids until

City.

Ohio

offered

Charlotte, N. C.

Bond Sale—The $800,000

bonds

offered

2293—were

library

May 24—V? 181,
tb

awarded

a

and interest

(J-D) payable at the

Central Bank

p.

ity

group

approved

Co., Lorain. Legal¬
by Squire, Sanders

of Shearson, Hammill & Dempsey, of Cleveland.
Laidlaw & Co., Wood,
Cleveland, Ohio
Struthers & Co., and Bramhall,
Falion & Co., all of New York
Bond Offering—George H. Vine,
City, at 100.07, a net interest cost Director of Finance, will receive
of about 2.22%, as follows:
sealed bids until 11 a.m. (EDST)

June

for

8

the

first

400,000

system

purchase of $1,-

mortgage

revenue

sewerage

bonds.
Dated
Due on Sept. 15

composed

March

&

from 1957 to 1986 inclusive. Bonds

Co.,

$225,000 6s.

Due

June 1 from

on

Due

on

June 1 from

Due

on

0.25s.

1981

Due

Due

..

County

(P.

O.

Durham),

from

1

1956

to

1,500,000 off-street parking, sec¬
ond series E, bonds. Due on

1,250,000 recreation, third series
E, bonds. Due' on Dec. 1 from

Trust

Co.

of

lanta, at 100.02,
of about 1.68%,

Georgia, of At¬

1956

to

1960

l%s.

on

June

V'

Mecklenburg County (P. O.
Charlotte), N. C.

2293—were

composed

awarded

to

„

library
181,

a

v

1956

1956 to

Due

800,000

1960 to

1

on

Due

JUne 1 from

1970

550,000

June

on

1

!

from

first

1965 to 1973 inclusive.

200,000 2y4s. Due

on

June 1 from

.

a

group

1958

to

50,000 2s.
and

as

1965

Due

follows:

on

June

June

Due

on

from

1968 to

1973

Dec.

from

1

1956

lakefront development,
G, bonds. Due on

Due

on

Dec.

1

from

on

from

1956

inclusive.

185,000
and

Dec.

1

to

Stayner,
Village Clerk, will receive
sealed bids until 7 p.m. (EST) on
June

Dec.

from

1

1956

to

1960

inclusive.

improvement, fourth
series E, bonds. Due on Dec.

100,000

1966

June

1

-

0.25s.
Due
on
June
from 1974 to 1977 inclusive.

zoo

from 1956 to 1975 inclusive.

1

auditorium

60,000

inclusive.

100,000

bonds.
1

Due

on

improvement
Dec.

1

from

(J-D)
payable at the Village Treasurer's
office, Legality approved by
Squire, Sanders & Dempsey, of
Cleveland.

bonds

are

dated

June

special
bonds offered May 24

assessment

181,

—v.

as

2170—were

p.

awarded

follows:

$144,000

street

and

Principal and interest (J-D)

Offering—Beryl Hickson,

Clerk, will receive sealed
bids until 8 p.m. (PST) on June 1
for the purchase of $150,000 build¬
ing

bonds.

Due

Dated

June 1

on

inclusive.

June

from

1,

1955.

1957 to

Principal

and

1971

interest

(J-D)
payable
at
the
County
Treasurer's office in Medford. Le¬
gality approved by Winfree, McCulloch, Shuler & Sayre, of Port¬
land.

Oregon

13/4S,

at

to

Fahey,

Cleveland,

100.07,

a

a§

basis

of

about 1.72%.

103,000 street improvement bonds
to Stranahan, Harris &
Co.,
Toledo, as 2s, at 100.58, a basis
of

about

1.89%.

,

Willoughby, Ohio
j
Bond Sale
The $35,000 sewer
bonds offered May 23—v.
181,...p.
—

2294

—

were

awarded

to

Fahey,

Clark & Co., of Cleveland,
at 100.67, a basis of about 2.63%.
'■

OKLAHOMA

t TFi

'

Bond

to

Offering

Merle

—

Oben-

(PST)

Sale—The

sewer

1975

$28,000

improvement bonds offered

sani¬

June 1 from 1956

inclusive.

Principal
(J-D)
payable at
Treasurer's office.

and

the

County, Mcfcenzie Highway
Water District (P. O.
Spring- '

Bond

Offering—Charles

District
sealed
on

Secretary,
bids

June

$25,000

1

until
for

will
8

the

Hogle,

p.m.
(PST)
purchase Vof

obligation water
July 1, 1955. Due

Dated

July 1 from

clusive.

1958

Callable

as

to

in¬

1970

of

July

1,

1962.

Due

serially

from

inclusive.

Kay County Dependent Sch. Dist.

Offering

Roger

Van

Dyke, Clerk of the Board of
cation, will receive sealed

Edu¬

—




bids

of

the account

Schoellkopf, Hutton & Pomeroy
both of Buffalo, Laidlaw & Co.
Auchincloss, Parker & Redpath
American

Securities Corp., Bach
Co., all of New York, Nationa
of
Commerce, of Seattle
Ball Burge & Kraus, of Cleveland
Janney & Co., of Philadelphia
Rand & Co., of New
York, Rambo
Close & Kerner,
Woodcock, He
6 Co., Wurts, Dulles &
Co., al
&

Bank

of

Philadelphia,

Raffensperger

Hughes & Co., of Indianapolis
Chaplin & Co., of Pittsburgh, an
Scherck, Richter Co., of St. Louis

Chester, Pa.
Bond

Sale

181,
&

The

»

$750,000 im

p.

to Drexel &

die

—

bonds offered May'2
2294—were awarde

provement
—v.

Co.,

Co., and Yarnall, Bid
of Philadelphia
2s, at 100.009, a bas"
both

jointly,

as
of about 1.99%.

•

Coplay, Pa.

Offering—W,

,

Borough
sealed

bids

until

H.

Keiser,

will

Secretary,

receive

7:30 p.m.

(DST)
purchase of
$12,000 street improvement bonds.
June

for

1

the

Eddystone,
Bond

t

Pa.

Offering—Leroy D. Cas-

sidy, Borough Secretary, will
ceive

sealed

(DST)

on

bids

until

7

Multnomah

County School District

refunding bonds.

June

1955.

15,

Gresham), Ore.

Offering—Harvey L. Sny¬
der,. District Clerk, will receive
sealed bids until 8 p.m.
(PST)
June 9 for the purchase of

Due

Dated

June

on

inclusive.

interest

(J-J).

Principal

payable

15

Prin¬

interest

(J-D) payable
County National
Chester.
Legality vap-

Delaware

proved

of
by. Townsend.

Munson,

of

Elliott

&

Philadelphia.

on

$40,000 building bonds.. Dated
July 1,
1955.,. Due on July 1 from 1956
1965

the

Bank,

Bond

to

cipal and
at

re¬

p.m.

June 6 for the purchase

of $85,000

and

at

the

County Treasurer's office. Legal¬
ity approved by Winfree, McCulloch,
Shuler
&
-Sayre,
of

Farrell, Pa.
Bond

$100,000!-in¬

Sale—The

,

cinerator

repairs

and

street

im¬

provement

bonds offered May 19
p. 2294—were awarded

181,

—v.

to Blair &

27/8s, at
of

a

Co., of Philadelphia, as
price of 100.29, a basis

about 2.84%.

Portland.
Multnomah and Clackamas Counties
Joint Sch. Dist. No. 6 (P. O. Route
2, Box 341, Gresham), Ore.
Bond

Sale—The

$29,000

p.

2170

—

were

First National

Multnomah

to

the

Bank, of Portland.

County, Darlington

Water District (P. O.

Portland), Ore.
Bond-Sale—The $60,000 general
obligation bonds offered May 23—
181,

land,

p.

as

2406—were awarded to
National Bank of

Offering—Henry A. Fege-

Secretary of
Directors,

the

Board

of

School

will
receive
sealed bids until 8 p.m. (EST) on
June 7 for the purchase of
$23,500

general

obligation

bonds.

Rockland Township Sch. Dist.
(P. O. R. D. No. 1, Mertztown), Pa.
Bond

Offering

—

Earl

M.

Schwoyer, Secretary of the Board
of Directors, will receive sealed
bids

until

8 p.m. (DST) on June
purchase of $12,000 gen¬
eral obligation bonds.

7 for the

Wasca~County Peoples

Utility District (P. O.
Dallas), Oregon
.

Port¬

3y4s and 3y2s, at 100.16.

Northern

Bond

ley,

build¬

awarded

Longswamp Twp. Sch. Dist. (P. O.
R. D. No. 1, Mertztown), Pa.

Topton

The

.

No. 61 (P. O. Blackwell), Okla....
.Bond Sale —The $458,000 elec¬
at the Cleveland Trust
Bond Offering — V. W. Young,
tric revenue bonds offered
Cleveland, or at the Irving
May
Trust Co., of New York City. Le¬ Clerk of the Board of Education,
21—v. 181, p. 2170—were awarded
gality approved by
Squire, will receive sealed bids until,7:30 to. Juran & Moody, Inc., of St.
Sanders & Dempsey, of Cleveland. p.m.
(CST) on May 31 for the Paul.

School District, Pa.

Bond

payable

Albany Local Sch. Dist., Ohio
Bond

members

umer

Bear, Stearns & Co., White, Wei
& Co., both of New York, Marin
Trust Co., of Western New York

from 1957 to 1973 inclusive.

v.

1964

a

receive

general

bonds.

the First

to

bonds offered May 2
181, p. 2171—were awarde
syndicate headed by Glor

purpose

—v.

on

field), Ore.

$12,000 2s

2V4s.

Bond Sale—The $5,490,000 vari
ous

Bond

Lane

Co., of Oklahoma City, and
the First State Bank, of
Hinton,
jointly, as follows:
Due serially from 1958
1960 inclusive.

Legality ap
Winfree, McCulloi
Sayre, of Portland.

PENNSYLVANIA

*

land.

May

16—v. 181, p. 2294—were awarded
to
the
First National
Bank &

to

on

ing bonds offered May 16—v. 181,

system extension and

office.

Allegheny County (P. O. Pitts¬
burgh), Pa.

on

County
Le¬
gality approved by Winfree, McCulloch, Shuler & Sayre, of Port¬

^

Hinton, Okla.
Bond

&

chain, District Clerk, will receive

im¬

sewer

bonds

by

Shuler

9

No. 26 (P. O. Route 2, Box
216DD,

Clark & Co., of

1960

1,

at 98.

District

on

Toledo, Ohio
Bond Sale—The $247,000

Treasurer's

proved

2

County Seh. Dist. No.
(P» O. Eagle Point), Oregon

1 from 1956 to 1980 inclu¬

Dec.

sive. Principal and interest

16,000

1956 to 1975 inclusive.
The
1955.

OHIO

for the purchase of

Trust

'

1,

6

$125,000
sewer
and
disposal works
bonds. Dated May
1, 1955. Due

tary

public service machine
equipment bonds. Due on

Portland, jointly,

Co..

&

Jackson

interest

inclusive.

1975

to

Cleveland

Bond Offering—Grace K.

to

series

were

Spencerville, Ohio

provement

inclusive.

1975

•

2V4S.

from

First

the

—

Corporation, Cleveland.

inclusive.

Due

from

1967.

150,000

1

E,

to

awarded

city hospital improve¬
ment, second series D, bonds.

j

y
1

inclusive.
on

Dec.

both of

Blyth

1, 1955. Due

181, p. 2294

v.

reforest

to

and

May 19

—

and

Dated

Forgan & Co., New York City, a;
Vis, at 100.026, a basis of abou
2.24%.

Bank,

works improvement bonds offered

water

bonds.

awarded to the United States N'a

sealed bids until 8 p.m.

$40,000

rehabilitation

tional

June 6 for the purchase of $350,000 building bonds. Dated June

Sale—The

■

1956

„

Due

series

were

—

(P. O. Box 457, Central Point),

380,000

ples National Bank of Charlottes¬
ville, at 100.09, a net interest cost

2.30%,

inclusive.

offeree

Jackson County Sch. Dist. No. 6

~

of

$200,000 6s.

on

Dec. 1

1956 to 1975 inclusive.

Scott,
Horner
&
Mason, of Lynchburg, J. C. Wheat
&
Co., Willis, Kenny & Ayres,
both of Richmond, and the Peo¬

of about

1965

on

400,000
welfare
building
improvement, fourth series E,
*, bonds. Due on Dec. 1 from

Sale—The $500,000 school
bonds offered May 24—v. 181, p.
to

Due

third

1963

on

bonds.

Northampton County (P. O.
Jackson), N. C.

awarded

from

1

400,000
welfare
building
im¬
provement,
first
series
G,

Bond

composed

(M-S) payable
City Treasurer's office, or
Security Central National
Bank, of Portsmouth. Legality ap¬
proved by Peck, Shaffer & Wil¬
liams, of Cincinnati.

inclusive,
portion
paving,

to

Due

harbor imseries
G,

Dec.

bonds

181, p. 2406

v.

a.m. (PST) on Jun
purchase of $700,000 fo

July 1, 195
Due on Oct. 1, 1970.
Callable o
April 1, 1960. Principal and in
terest (A-O) payable at the Stat

Sale—The^ $85,000 genera!
*

j

bids until 9:30

County, Grpndview Water
(P.O.Med ford), Ore.
water

National Ban

'-'v--*'

Salem, Oregon

District
Bond

the

Dec. 1 from 1956 to 1970 incl.

1974 to 1977 inclusive.

2405—were

first

June 7 for

of

the

750,000 police and fire improve¬
ment, fourth series D, bonds.

from

1964 inclusive.

Due

1956

1956 to

1959 inclusive.

100,000 l%s. Due

420,000 2s.

June

and
on

Park,

bonds.

follows:

on

1975

city's

from

& Co., and Bramhall,
Co., all of New-York
City, at 100.003, a net interest cost

$80,000 6s.

1975

fourth

sewer,

series E, bonds.

&

as

to

are

—

$225,000 sewer
system and sewage treatment ana
disposal plant bonds. Dated July
1, 1955.
Jackson

States

Bond Offering — George Spau.
State Forester, will receive seale

est

at

Bond

United

8 for the

cipal and interest

on

Due

to

850,000

of

2.15%,

1956

series E, bonds. Due on Dec. 1
from 1956 to 1975 inclusive.

•""bonds.

p.

g£pup

Struthers

of about

from

1,000,000 river
provement,
•»

Shearson, Hammill
Laidlaw & Co., Wood,

Co.i

1

general

1,050,000

1

from 1961 to 1966 inclusive.

Bond Sale—The $800,000
bonds offered May 24—v.

Dec.

inclusive.

inclusive.
on

improvement,
series E, bonds. Due

second
on

June 1 from

Due

freeway

1,250,000

follows:

as

$100,000 IV2S. Due
113,000

1956 to 1970 inclusive.

net interest cost

a

v

at

Dec. 1 from 1956 to 1970 incl.

181, p. 2405—were awarded to

Falion

Dec.

on

thereafter

and

of Sept. 15, 1965. Prin¬

as

Shreve, Ohio

hospital improve¬
ment, first series E, bonds.

Bond Sale—The $213,000 school
building bonds offered May 24—

&

follows:

as

1955.

1966

in

callable

1,000,000 city

North Carolina

the

of

1975 inclusive.

Durham

v.

purchase

due

15,

from 1956 to 1975 inclusive.

.

JuneI 1,

on

1982.

and

the

general
sewer,
first
series G, bonds. Due on Dec. 1

.

June 1 from

1974 to 1980 inclusive.

.100,000

for

21

$1,700,000

1965 to 1973 inclusive.

250,000 2V4s.

June

$13,225,000 bonds,

1956 to 1964 inclusive.

225,000 2VzS.

on

purchase

Bond

Portsmouth, Ohio
on June 8 for the purchase
Bond Offering—James D. Wil¬
$400,000 building bonds. Dated
June 1, 1955. Due on Dec. 1 from liams, City Auditor, will receive
1956 to 1978 inclusive. Principal sealed bids until noon (EST) on

>

the

basis of about 2.99%.

of

CAROLINA

the

Sidney L.
Merseth, City Recorder, will re¬

noon

(EST)

NORTH

•

ceive sealed bids until

May 23—-

Saunders, Stiver & Co., of Cleve¬
land, as 3s, at a price of 100.08,
a

to

Company of Kan¬

Offering

offered May 20
2294—were awarded t

p.

build¬

Hines, Ore.
Bond

obligation

$25,000 water
May 20 — v.
2294—were awarded to

p.

the

tion

Sale—The

bonds

181,

Edna

$45,000

Wichita.

bonds

181,

v.

\,

Sale—The $183,000 wat

Portland.

awarded

were

—

Bond

system

OREGON

sewage system improve¬
bonds. Due on Dec. 15

bonds.

(P. O. Lorain), Ohio

of

2294

p.

follows:

as

ment

line

i

;

June 2 for the purchase

on

Bond

—

Sale—The

sas,

bids

15,000 water works improvement

Clear'view Local School District

Offering

;

Monday, May 30, 19

.

Nyssa, Ore.

1958 to

Oklahoma
Bond

.

building

County Dependent School
District No. 10 (P. O.
Bessie),

First Securities

sealed

$12,000

Washita

Offering — Charles M.
Ostholthoff, City Auditor, will re¬

from 1956 to 1975 inclusive.

Bond

of

Due serially from

inclusive.

ing bonds offered 'May 17—v. 181,

Bond

Cincinnati.

Trust

Delafield

were

—

Lockland, Ohio

by Peck, Shaffer & Williams, of

Company, or
at
the
Hanover
Bank, of New
York City. Legality approved by

Hawkins,

offered

2170

p.

Quacken1956 to 1970 inclusive.
bush, City Auditor, will receive
Dated June 15, 1955. Principal
sealed bids until noon (DST) on
June 10 for the purchase of $120,- and interest (J-D) payable at the
depository,
currently the
000
street
improvement bonds. legal
Dated June 1, 1955. Due on Dec. First National Bank, of Cincin-r
1
from
1956 to
1965 inclusive. nati. Legality approved by Peck,
Shaffer & Williams, of Cincinnati.
Interest J-D.
Legality approved

Offering—John A. Dwyer,
Village Treasurer, will receive
sealed bids\ until 2:30 p.m. (DST)
on
June 2
for the purchase
of

Westbury

181,

v.

—

Hayden, Miller & Co.,
Cleveland, as 2s, at a price of
100.18, a basis of about 1.90%.

B<>nd Offering—E. R.

Bond

of

19

bonds.
1961

of

Berea, Ohio

Galloway, of New York City.

improvement notes

May

land.

County Trust Co., Mid¬
Legality approved by
Vandewater, Sykes, Heckler
&

purchase

and water

sewer

awarded to

Sale—The

$25,000 sanit¬
sewer bonds offered May 25
181, p. 2293—were awarded

dletown.

Delaware, Ohio

*

r

Note Sale—The

ceive

Athens, Ohio

Dated
Jan. 15 from

bonds.

building

$70,000

June 2 for

on

the

ChronicleL.

Moll,

Co.,

Offering — Ambrose L.
Secretary of the Board of

School
sealed
on

Directors,
bids

June

7

until

for

will
8

the

p.m.

receive

(DST)

purchase

of

$12,000 general obligation bonds.

Number 5433

181

olume

.

.

.

The Commercial and Financial Chronicle

1956

Offering—E.

Bond

Due

until

bids

sealed

8

from

15

1956

Due

1956 to

1956

bonds

The

Wolsey Indep. Sch. Dist., S. D.
Sale—The $45,000 build¬

ing bonds offered May 19—v. 181,
p.
294—were
awarded
to
the
Farmers and Merchants Bank, of

21/2s, at a price of par.

as

Yanklcn

school

bonds-offered May

auditorium

18

2294—were awarded
to a group composed of the Farm¬
ers State Bank, of Irene; Security
181,

—v.

Citizens

23/4s, at

nrice of 100.20, a basis

a

of about 2.72%.

the First of Texas
tonio.

Dated

clusive.

thereafter

The

&

Searls, of

road

$100,000

Ten¬

the

to

Valley Bank, of Knoxville,

nessee

price of 101,01, a net interest
1.75%, as follows:

a

cost of about

Due on June 1 1956

$30,000 23/)«.
and 1957.

r
*■>

1958

inclusive.

1961

to

the

act

the

as

Sale—An issue of $75,000

water

was

and

works

bonds

Securities

revenue

sewer

Co.,

Rockdale

Dec. 1 from 1956 to 1970 inclusive.

A-O.

Interest

approved

Legality

by Dumas, Huguenin & Boothman,
of Dallas.

Bond

bids until

sealed

for

31

Cross-

Lynn

receive

will

(CST)
the purchase of

as

8

the

1955.

from

1

1

Offering

Chairman

—

Charles G. Dibrell announces that
the Board of Navigation and

Canal

Commissioners will receive sealed
bids until 11
for the

(CST)

a.m.

Due

1955.
to

inclusive.

1991

1971
as

Dated June

and

Bonds

thereafter

are

1,

1957

March 1 from

on

due

in

callable

of March 1, 1970.

interest

Principal and
payable at the

(M-S)

Com¬

the Bankers Trust
of New York City.

or

pany,

sold
of

purchase

$200,000

of

permanent

13 for the

road

and

improvement

1957

1966

sealed bids until 10

490,000
as

a.m. (CST) on
purchase of $12,-

the

general

obligation

follows:

on

July

bonds,

,

$1,090,000 storm
1

sewer

from

33As.

12,000

WEST VIRGINIA

Bond

Offering—T.

Due

on

March

March

Dated
M-S.

1,

1955.

until

for

30

7

June
$861,000

(EST)
purchase of

on

p.m.

the

sealed

receive

will

Education,

Elkins,

1

1956

from

to

inclusive

1975

able

the

at

Treasurer's

State

of¬

of

Houston.

v.

181,

p.

as

2295—were awarded to

follows:

bonds. Due
to

inclusive.




1975

1956 to

210,000 2s.

Jan. 1 from

Bristoland Pleasant Prairie Joint
School District No. 5 (P.O.
^

Route

Due

on

I,

Clerk,

District

ner,

Bristol), Wis.

Offering—Frank L. Weh-

Bond

will

offer at

Kenosha, at 2.30 p.m. (CST) on
1, an issue of $62,000 build¬
bonds. Dated June 1, 1955.

Due

Jan.

1

from

1 from

June

on

1956 to

J-D.

Interest

approved

Lines,

by

1967

Legality

Spooner

&

Quarles, of Milwaukee.
Brookfield

and

Berlin

Union

Free

High School District No. 1 (P. O.
Elm Grove), Wis.
Bond Sale—The $250,000 school"
bonds
offered
May
24
were
awarded

to

Co.,

City
bids

June

$835,000

21

Clerk,
until
for

bonds,

11

the
as

will
a.m.

&

Mil¬

Green Bay, Wis.
Offering — Clifford

Centen,
on

Baird

W.

Robert

Co.,
and
Milwaukee
waukee, jointly.

sealed

1962 inclusive.

'963 to 1975 inclusive.

improvement bonds was
Simard & Co., as 4y2s, at

price of 102.616. Due on Feb. 15
1956

from

inclusive.

1975

to

In¬

A.

receive
(CST)

purchase

follows:

of

Interest

and

Beaconsfield

Que.
of $2,500,building bonds was
sold to the Compagnie de Valeurs
issue

Placement, Ltd., of Quebec, at
price of 93.89, a net interest cost

en
a

of about

4.23%,

follows:

as

Due

$1,688,500 3s.

on

June 1 from

to

1968

inclusive.

811,500 4s.

Due

on

1956

June 1 from

1969 to 1975 inclusive.

The

bonds

June

dated

are

*

Delaware

building

bonds

was

Seperate School

Township, Ontario
Sale

issue of $39,-

An

—

school

bonds

sold

was

1

sive.

from

1956

group

tion

Ltd., La Corpora¬
de
Quebec, and

Prets

de

Grenier, Ruel & Co., Inc., as 3s, at
a price of 96.27, a basis of about
3.88%.
Dated May 1, 1955.
Due
on
May 1 from 1956 to 1965 in¬
Interest M-N.

clusive.

construction

bonds

sold

was

Durocher, Rodrique & Co.,
Ltd., at a price of 97.00, a net in¬
terest cost of about 3.93%, as fol¬
lows:

$51,500 3s.
to

Due

on

1958

June 1 from

inclusive.

1 from

48,500 3V2S. Due
1959 to

Dated

on June
1975 inclusive.

June

Interest

1955.

1,

J-D.

to

DIVIDEND

NOTICE

inclu¬

Interest J-D.

Prescott, Ont.
Sale — An

|H||j|
of

IBM

$178,500 3V2% and 3%% improve¬
ment debentures was sold to A. E.

trade*mark

issue

Debenture

&

Co.,

ly, at 101.488.
1956

Quebec
$100,-

An issue of

—

to

Ltd., as
Due on

1975

to

sold

composed of Garneau,
Boulanger Ltd., Banque Provinciale du Canada, Belanger, Inc.,
a

1956

Twp.

1,

Interest J-D.

1955.

terest F-A.

to

1975

and

Bank

inclusive.

Sale

—

Ont.

MACHINES
590

of

was

sold

Nationale,

to

Banque

and

Cas-

York 31

Quarterly Dividend
The

Board of Directors of this

Corporation haa

declared a dividend of $1.00 per share,
payable June 10, 1955, to stockholders of record
at the close of business on May 19, 1955. Transfe#
books will not be closed. Checks prepared on
this day

Electric

Punched

Card

Accounting

Machines will be mailed.
A. I.

debentures

CORPORATION

Madison Ave., New

The 161st Consecutive

IBM

issue

An

INTERNATIONAL BUSINESS

of

Due on May 1 from

Ste. Adele,
Debenture

the

Canadienne

Bond
on

to

Trimble &

Scott, Horner & Mason, of Lynch¬
burg

sold

$102,500 3% and 4% improvement

City.

1955.

school

000

000

An issue of $178,-

—

fice, or at the Chase Manhattan
Bank, New York City.
Legality
approved by Caldwell, Marshall,

Mitchell, of New York

Claire

Bond Sale

Ames

inclusive.

Interest

Weems & Searls,

ol

Montreal, both of Montreal, joint¬

Due on July

July 1, 1955.

ing

Legality approved by Vin¬

son,

497.35

June

Lowery.

A.

1,

Bond Sale—An

ONTARIO

Secretary of the County Board of
bids

issue

Isard, Robertson & Co.,
4V2S, at a price of 98.

County (P. O.
Charlestown), W. Va.

from

1

St. Timothee School Board,

000

Jefferson

June

J. E. Laflamme

An

water

from 1956 to 1975 inclusive.

Bond

of New York City.

in

from 1978 to 1980 inclusive.

$140,000 2%s. Due

1956

1989

June

on

1975 inclusive.

Protestant School Board,

to

Due

1

inclusive.

1977

to

March

on

building bonds offered May 26—

for

serially from 1959
inclusive.
Legality ap¬

1955.

County Superintendent of Schools

Wester-

1

1,

June

City Secretary, will receive

H.

of $15,-

000.000 revenue bonds. Dated July

June 1 from

Riviere-des-Prairies, Quebec
$282,500

Water District,

—

on

Bond Sale—An issue of

debentures wa<
sold to Pemberton Securities, Ltd..
and the Equitable Securities Corp
of Canada, jointly,
as
3y4s anc
33/4s, at 99.42.
Due on June 7

a

for the purchase

June 21

until

bids

sealed

1

March
inclusive.

VIRGINIA

Offering—M.

Utilities-Light Division

receive

will

was

Waynesboro, Va.
Bond Sale—The $350,000 school

Bond

Public

of

Dated

school

Cornwall Township, Ontario

Department

public auction at the office of the

on

1965

10

pue

3V2S.

35,000

Houston, Texas

June

bonds

2%s. JDue

from

bonds.

man,

$120,-

WISCONSIN

Moroney, Beissner & Co.,

$18,000

Bond Offering—Sealed bids will

$150,000

was

revenue

Sale

Debenture

$1,750,000

Principal and interest (J-J) pay¬

$200,000

Houston, as-follows:

T exas

until June

to

Salomor

COLUMBIA

Vancouver

Bond Sale

1

Washington County Junior College
District (P. O. Brenham), Tex.
Bond Sale—An issue of $65,000

from

Hockley County (P. O. Levelland),

be received

Greater

was

J-D.
Pointe

CANADA

Tacoma, Wash.
Bond Offering—The

Boothmam of Dallas.

Moody National Bank, of Galves¬
ton,

Dist.,

sold to C. N.
21/£s, 2V4s
and 2s. Dated April 15, 1955. Due
serially from J956 to 1967 inclu¬
sive.
Interest A-O.
Legality ap¬
proved by Dmhas, Huguenin &

dormitory

1966 to

Dated

of Dallas, as

Co.,

of

issue

33,000 4s. Due

by

&

BRITISH

sold to

$22,000 3V2s. Due

Kewaskum

C. Allyn &

$10,000 fire
May 23—v.

$55,000

bonds

1956 to 1965 inclusive.

pay¬

public school improvement bonds

Texas

Burt

June

Hutzler, New York City
Co., Chicago, Dear
Witter
&
Co.,
San
Francisco
Bache & Co., New York City, McCormick & Co., Farwell, Chap¬
man &
Co., and Bareus, Kindred
& Co., all of Chicago, as 1.90s, at
100.06, a basis of about 1.89%.
A.

June 2

on

purchase of $6,000,000 im¬

provement bonds.

Callable

inclusive.

building bonds

pur¬

inclusive

of

composed

group

Bros.

bonds
was
sold
to
Grande &
Co., of
Seattle, as 5V8S.
Dated May 1,
1955. Interest M-N. Legality ap¬
proved by Preston, Thorgrimson
& Horowitz, of Seattle.

May

from

15

Bond Sale—>-An issue of

County Navigation

Bond

May

Throckmorton*-lndep. Sch.

years.

Dist.
(P. O. Galveston), Texas

Galveston
No.

to 20

Dated

Bonds.

Stated-Bank, Rockdale.

$9,200,000 various purposes bonds.
Due

a

obligation

general

to

1970. Principal and
(M-N)?- payable at the

Rockdale

five

proved by Wood, King & Dawson,

of May 15,

interest

of

Bank

approved

An issue of

—

LaFlamme, Ltd., of Montreal,
at a price of 96.02, a net interest
cost of about 4.34%, as follows:

bonds
on

price of 96.37.

a

J. E.

I

building bonds offered May 25—
v.
181, p. 2295—were awarded tc

Wash.

10,

Sale—An

Bond
831.34

Board of Trus¬
(CST) on May
purchase of $318,000

1978

Due

1975

to

3s, at

fire protection

—

|Jie

Due^on

to

until

sewer

1, 1955.

the

Bond Sale

S,

WYOMING

basis of about 2.91%.

a

District No.

p.m.

house

school

1956

1:45 p.m.

for

27

June

—

Auditor,

City

ley,
on

Offering

until

tees

&

Independent School

be received by

15,
Dallas, Texas

1&>6 to 1990 inclu¬
fl®»N. Legality ap¬

District', Texas
Offering—Sealed bids will

Bond

$60,000

Durocher, Rodrigue &

as

Mistassini, Quebec

County Sch. Dist. No. 1 •
(P. O. Cheyenne), Wyo.
Bond
Sale
The $2,500,000

2406 — were awarded to
Smith, of Roslyn, as 3s, at

of $250,000

Dung^as, Huguenin
Boothman, of Etjllas.

San

offered

bids

June 1 for the

on

Co., Ltd.,

Commissioner

sealed

Sale—An issue of $42,000
fire
protection bonds

and

sold to

was

Laramie

Soap Lake Local Improvement

sold to C. N.

mis

by

Texas,

of

Corporation

will

of Dallas, as 3^is, 3s
Dated**May 1, 1955. Due

Interest

proved

sold to the Columbian

Antonio, as 23As, 2V2S and
2V4s. Dated April 1, 1955. Due on

Dallas,

Sale—Arftssue

serially from
Bond

$900,000
firm
of

Sch. Dist., Texas

building bonds

sive.

of

District's fiscal agent.

Mineola Indep.

The

—

road

p.

J.

of

tendent

£&,

&

Sale
bonds

Bond

1,
ap¬

Lines.
Spooner & Quarles, of Milwaukee

Thorgrimson

Preston,

QUEBEC

British Columbia

purchase

and 2^s.

Bay City, Texas

Bond

station

100.25,

rdfcgve sealed bids
(Q^O on June 21

Henry-Seay

at

Legality

Roslyn, Wash.

181,

bond#®9* The

building

Burt

TEXAS

e**n

able

Horowitz, of Seattle.

A.

Independent Sch. Dist.,

p.m.

Bond

from

Due on June 1

70,000 2s.

4

for

&

and

Houston.

Schools, will
until

by

proved

June

Legality

Principal and interest (J-D)

receive

Callable

J-D.

1956

from

1

from the date of issue. Prin¬

cS^ble as of April

Sup

will

inclusive.

1965

Offering— William M.

Hadley,

19—v. 181, p.

May

awarded

2171—were

at

—

are

1959

1, 1958. Interest 7pO. Legality ap¬
proved by Vinson, Elkins, Weems

Bond

(P. O.
Morristown), Tenn.
Sale

Due

Tems

Hamblen County

offered

in

Bonds#*lue

Midland

Bond

Corp., San An¬

AjFrll 1, 1955.

April 1 froi%J957 to 1966 in¬

on

TENNESSEE

bonds

Ipnds was sold to

of

Dated June

cipal and interest (M-N) payable
at the City Treasurer's office, or
at the fiscal agency of the State
in New York City.
Legality ap¬

sanitary

and

(CST)

chase

Offering—G. E. Marshall,

Clerk,

years

Sale—An issue of $60,000

system

sewer

p.

Bank, of Wakonda, and the
Bank, of Vermillion, as

State

Jlew York City.

works

p.m.

of

sealed
bids until 2 p.m. (PST) on June 7
for the purchase of $675,000 gen¬
eral obligation bonds. Dated May
1, 1955. Due on May 1 from 1957
to

water

(PST)

years.

Bond

Inglesidfie) Texas
Bond

23

City

City. Legality

& Washburn, of

4%

Irene), S. D.
$75,000

to

1,

by Reed, Hoyt, Taylor

approved

1 (P. O.

Sale—Tne

Bond

July

&ase Manhattan

payable at the
Bank, of New

Consol.

Indep.

County

School District No.

dated

are

receive

a.m.

Due

dated

are

Village

receive

May 1 from 1956 to

on

1970

Kewaskum, Wis.
Offering — William

will

purchase

bonds.

Due

inclusive.

Bois-Des-Fillons, Quebec

bonds

Bond

Olympia, Wash.

Principal and interest (J-J)

1955.

Bond

10
the

for

from

Interest

Martin,

building bonds. Due in
Callable after two
years
from
the date of issue.
Principal and interest payable at
the County Treasurer's office.

i

196tr inclusive.

to

until

10

1970

1960 to

sewer

1

Ehlers,

H.

96.29.

proved by Chapman & Cutler, of
Chicago.

$100,000

1 from

July

Du^jdon

bids

June

on

geneftl improvement

bonds.

DAKOTA

The

1955.

Port

of

will

Treasurer,

sealed

1

from 1956 tcf1975 inclusive.

100,000

Bank,

Offering—W.

County

700,000 sanitary sewage disposal
system bondi. Due on July 1

Legality approved by Townsend,
Elliott & Munson, of Philadelphia.

Huron,

Bond

-

1975jppclusive.

July

on

June

71

grain & Co., both of Montreal, at

from

1

inclusive.

Okanogan County Sch. Dist. No. 19
(P, O. Okanogan), Wash.

system
from

library

bonds.

Principal and interest payable at
the Ambler Trust
Co., Ambler.

SOUTH

b 1

p u

National

June

on

1960 inclusive.

600,000 storm

Sale—The

Angeles.

inclusi$££f.

200,000

inclusive.

1975

to

First

Due

1956 to

O. Port Angeles),
Washington

(P.

on

inclusive.

(DST) on June 9 for the purchase
of $100,000
improvement bonds.
Dated June 15, 1955. Due on June

bonds.

$68,000 build¬
ing bonds offered May 20—v. 181,
p.
2295—were
awarded
to
the

permanent paving street
improvement bonds. Due on
July
1
fro|h 1956 to 1975

p.m.

323

Bond

500,000

Secretary of the Board of
ownship Commissioners, will re¬

$235,000 Jackson School Addition

County, Sequin Sch. Dist.

way

-

1 from

improvement bonds.
July 1 from 1956 to

on

1965

Ste-

ens,

ceive

of

-

July

on

1980? inclusive.

to

400,000 bituminous surfacing

(P. O.

Roger

right

Duel

bonds.

street

Upper Dublin Township
Ambler), Pa.

No.

street

5,000,000

2294—were awarded
Schmidt,
Poole,
Roberts
&
arke, of Philadelphia.
181, p.

o

Clallam

inclusive.

1975

—

-v.

WASHINGTON

4,500,000 general hospital bonds.
Due on July^l from 1956 to

redyffrin Twp. (P. O. Berwyn),
Pennsylvania
Bond
Sale
The $68,000 imrovement bonds offered May 23

(2527)

,

Executive Vice President &

April 26. 1955

,

WILI IAMS,

Treasure#^
'

72

The Commercial and Financial Chronicle

(2528)




Quiz

a

that may save
your
uncontrolled growth of cells.

An

A

What is cancer?

Q-

If
•

it

permitted to spread through the
inevitably leads to death.

Many types can

Can

Q-

How

Q

be cured?

cancer

can cancer

be discovered

in time?

•

American Cancer

•

A

•

only if they are
treated early.

only national voluntary agency
fights cancer by research,
education and service to cancer's victims.

Society?

A

which
#

accomplished?

•

helped

save an

problem?
QDoes that mean it has solved J-*A
the

cancer

•

prevent

Despite the

xX<

than 235,000

Americans will die of cancer

By having regular

tions
•

no.

advances made, more

Yes.

this
QCan I help totragedy?

American from

dying of cancer on an average of
every seven minutes last year.

Unfortunately,

•

discovered and

By your doctor who
has available many diagnostic tests.

It

What has it

be cured,

but

The

What is the

Q

A

to

he used for?

Strike back

I

A

year.

health examina¬

the American Cancer Society.

day

life, for education and for
helping cancer's victims.

save

QWhat will my contribution

this

yourself. And by contributing

For research that may some

•

body,

your

at cancer...man's cruelest enemy...

Give

4 American Cancer Society

...

Monday, May 30, 1955