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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% " 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 a80 52 24 '/a 300 22 a49 a4 9 114 45% 184 870 a47% 184 a69% a703/4 a__ 173 185 Jan 125 63 41% Jan 62 % 63% 642 a48 % a49 Ve 140 a74% a75% 39 a37% 38% 32 a 15 15 13 al44 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% a4 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 a52 % a54% 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 10% Oil 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 a33% a32% 6-Ar 6f<r 6% 1,350 33% .33 33% 1,131 a > "--Apr %-Jan 14% Mar 10% 10 preferred t- Jan 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 Eureka 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 tJi JMcmoure ue jL} \on> 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