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!TY

UNIVt Kb

/

OF MICHIGAN

MONDAY

ISSUE

1- 1954

JUN

The Commercial

Chronicle

Reg. U. S. Pat. Office

Volume

Number 5329

179

New York 7,

N. Y., Monday, May 31, 1954

Price $1

Copy

a

General Corporation and Investment News
RAILROAD
Motors

ACF-Brill
The

INSURANCE

-

Redeem Debentures—

Co.—To

income debentures, due

American Woolen

1969, at 100, plus accrued interest.

acquis-ition

In This Issue

Worsted

The

On

April

the

1954,

30,

had

company

net

of $268,643,221

assets

with

compared
share.—V.

six

$4.81

179,

months

earlier—an

increase

40

of

cents

New York Stock Exchange

per

In

connection

6EC

covering
for

offered
First
-of

public

Boston

the

with

sale

of

filing
of

through

underwriting group

an

1979,

debentures due

will

the

and

be

in

used

balance

will

part to

added

be

the

■that

of

other

March

capital

addition, the company
through 1954 will amount

1954.

31,

expenditures

000.000, of which over $77,000,000 had been spent as of March 31,
this program,

To finance

loans

amount

the

in

short-term
incurred

bank

notified

San Francisco Stock Exchange

41

demption

expansion program
■Additional

funds

increases

for

capital

working

SBC

under

the

Stock Option Plan.—V.

company's Employees'

American

Note

Bank

Co.

(&

SEC Index of Stock Prices..

179, p.

tl I

of

State and

1953

37,047

j.

$153,515

:

$120,453

,

York,

fund bonds, series 1965, are being
have been drawn by lot for re¬

sinking
the

1954,

bon^s

through
will

120

*

RR,

the

be

sinking

fund,
at par
and
The Marine Midland

at

made

Broadway,

New

York,

Y.—V.

N.

177,

'V.,../

Co.—April Earnings Lower—

Net

exps

after

income

*—V.

taxes

179,

2,351,554

$2,972,008
2,195,452

:

fixed

67,780

91,395

52,271

75,830

109,188

360,684

298,273

XX

1930.

p.

X;

165,241

other deducs.

&

$2,803,660

573,462
' >/''■ - \ •' -

inc.

inc.

1954—4 Mos.—1953

$755,915

573,278 •

>

oper.

Fed.

chgs.

1954—Month—1953
$743,504

revs.^___

railway

after

37

.•

Chemical

Ansul
The

363,688

220,266

178,550

J———53,342

67,435

129,988

162,485

—$0.20

Foreign

$112,094

'

■

dividend

—

stock)

Pull-it

weighs

rubber-tired

a

its dry

inches

high,

net.—V.

pounds

National

ball

bearing

chemical fire

cart,

known

extinguishers quickly

fire.

44

is

16

designed

transport

a

16

179,

Archer-Daniels-Midland
See

Distillers

Arkansas Fuel

50

Banks

The

SEC

May

on

allowances

p.

inches
1477.

wide

and

inches

13

deep.

•

Co.—Acquisition—

Products

Oil

below.—V.

Corp.

179,

2245.

p.

Corp.—Fees, Etc., Approved—

announced

24

the

issuance

of

an

order

approving

for fees and expenses in connection
proceedings under the Holding Company Act designed to bring the
system of Arkansas Natural Gas Corp. (now Arkansas Fuel Oil Corp.),

Statement of Member Banks of

Condition

aggregating

$649,302

with

50

Federal Reserve System

Earnings per share of common stock (after divi¬

preferred

It

to

of

Co.—New Product—

50

Rates

Exchange

Reserve
"Preferred dividend

scene

The

.58
49

Clearings

$0.07

income

on

Bank

Pull-it,

the

Combined Condition Statement of Federal

108,172

$185,138

taxes

of

has

company

the

to

Redemption Calls and Sinking Fund Notices__50
Dividends Declared and Payable.
15

$3,163,916

Net income

on

161,741

Housing Corp.—Partial Redemption-—:

Redemption

Arbor

oper.

Net

..37

City Bond Offerings...

Course

The

38,109

$3,488,939

—

Income before prevision for taxes on income——

dend

191,308

,

oper.

Miscellaneous Features

$3,125,807

—

income

Common

1953

$282,194/

$344,823

taxes

__

New

Railway

General Corporation & Investment News.Cover

1954

Other income

.

1954

taxes

income

Period End. Apr. 30—

37

;

.

.

2245.

$3,451,892

for

the

motion

a

Paper Corp.—Earnings Higher—

income

1,

interest.

Co.

Railway

National Quotation Industrial Stock Averages_37

Subs.)—Earnings—

Quarter Ended March 31—
Sales

Provision

for

by
of its legal action challenging the
American Woolen Co.'s April 23 annual

—

July

as

Total

recessed

was

advisement

scope

the

15-year 3%
$312,200 of

on

Ann

48

37

Dow-Jones Stock and Bond Averages

May 26 filed a registration statement with the
520,000 shares of common stock, to be offered for sale

under

on

company

covering

...

Transactions American Stock Exchange

Registers Stock for Employees With SEC—
The

meeting

25.

took

2449/

p.

47

Section

Markets

Transactions New York Stock Exchange.

requirements.

Uxbridge

.44

Exchange

Over-the-Counter

Trust

of

that

accrued

43

Stock

the

at

Federal

Amun-Israeli
Holders

__42

Toronto Stock Exchange—-Curb

amount of $75,000,000,

in

Exchange

Canadian Stock Exchange
Toronto

consider

to

921.

p.

41

1954.

Massachusetts

of

meeting

Bachmann

1829.

p.

Federal

earnings
179,

41

which were
to replace funds previously used for its extended
and additional capital expenditures and to provide

order

in

Net
—V.

Pittsburgh Stock Exchange

In addition, it now has outstanding

borrowings in the

for

40

$100,000,000

debentures due 1964.

sinking fund

before

Philadelphia-Baltimore Stock Exchange

the company in 1952 obtained long-term bank
and issued $125,000,000 of

of

38

Stock Exchange

Stock

179,

Earnings

Midwest Stock Exchange

Montreal

widen

quorum

Provision

38

estimates
to $100,-

In

Ely

of

Quarter Ended March 31—

>

38

and. be available for capital expenditures and working capital
requirements.
The company's expansion program, begun in 1950 and
expected to be completed by the end of 1955, involves an estimated
expenditures of $360,000,000, of
which over $328,000,000 had been
as

Stock Exchange.

Los Angeles

company

^expended

Exchange

Detroit Stock Exchange

to

short-term bank bor¬
general funds of the

repay

to

38

Cincinnati

the
be
headed by The

statement with

registration

a

sinking fund

Corp., it is announced that the net proceeds from the sale

debentures

rowings

the

$100,000,000

a

annual

May

Aldrich

American Writing

33

Stock

B.

stockholders'

a

management

the

until

Bailey

to

of

meeting.—V.

Boston

Expansion—

for

17
29

(Bonds)

American Stock Exchange
Aluminum Co. of America—Continues

time

Judge

Inc.

after

came

time—this

Textron

(Stocks)

New York Stock Exchange

821.

p.

ex-Gov.-Joseph

28

and

assets

Corp.

existence

Page

Co.—Ely Becomes President—

elected

June

set

the

of

Federal

Stock and Bond Quotations

as

compared with $248,744,204 at the end of its last fiscal year on Oct. 31,
1953.
The
net
asset
value for each
share of stock was $5.21,
as

and

actions

ninth

Affiliated Fund, Inc.—Net Assets Rise—

have

directors

President

as

1473.

p.

MISCELLANEOUS

-

The

calling for redemption on June 30 all of its
10-year 5%
convertible debentures, due 1962 at 102Va

outstanding
179,

INDUSTRIAL

-

is

company

*nd its 6%
—V.

PUBLIC UTILITY

-

Capital Flotations for Month of January, 1954 3

a

subsidiary

of

Cities

Service

Co., into compliance with the integra¬
requirements of the Holding Company Act. Of
is to be paid by Arkansas Fuel Oil and $211,-

tion

and

this

—V. 178, p. 1873.

amount, $437,382.05

920.23

simplification

by Cities Service.

The application approved by the Commission
fee
allowances of
$275,000 requested
by Frueauff, Burns,
Shanley & Johnsen, counsel for Cities Service and Arkansas
Fuel
Oil, and $190,000 by P. E, Jackson, counsel for the class A
stockholders committee.—V. 178, p. 2194.
included

American

Broadcasting-Paramount

Continues in
Leonard

H.

admission

theatre
second

of

ditions which

toigh

film

of

television

of

several

Goldenson

Mr.

in the
including

programs

of the

NCAA

the

of

stated

Disney

amusement

center

The

Kidder, Peabody & Co. two note issues, one for $10,000,000 in 3V2% senior notes, due in 20 years, and the other

The

for

and

company

said,

The

proceeds are to be used to reduce current bank loans and to
"an augmented base for the oompany's
program
of con¬
tinued branch ofiice expansion."
:
1

of

Employees' Stock Option Plan Approved—

especially in the
expect
that
these

towns,

did

not

prolonged

as

the

was

The

In

case

Pall

on

with

season

Disney

games',

is

Division

ABC

Walt
now

stockholders on May

officers

for

series

and

looking

forward

to

directors

outstanding

many

exclusive

This

coverage

tors

the

in

has

company

the

be

interest

an

development

of

located

with

the

unusual

an

In

to

in

be

strong

a

financial

position.

cash position further strengthened
its debt.—V. 179, p. 1.

by

Mr.

if

lines

that

Because

acting
take

the

on

the

be

can

study will be
plan

was

reached

on
changes
given the problem.

pending,

the

board

in

certain

Federal

details

approved by the direc¬

17?,

plan
u.

to

provide

for

earlier

retirement

of

prevented

Income

Federal

income taxes

income of wholly-owned

before

Net

—V.

179,

Cash

from

matter up

p.

(& Subs.)—Earnings—

Seating Co.

Federal

income

$5,789,023

1953
$5,122,198

315,574

.

taxes

1

1954

164,000

taxes

income

____________—'

dividend

103,000
$95,506

159,423

$0.24

$0.15

1954

American

Hair &

Felt

Co.

Net
,

sales

Profit

Surplus
Earned
—V.

1953

taxes

on

income

117,901

on

income

58,513

362,778
188,895

$59,388

$173,883

$0.24

$0 95

profit
share of

net
p.

$2,597,628

taxes

for

per

178,

1954

$1,931,022

before

Provision

(& Subs.)—Earnings—
i-'-,

common

1765.




"

stock

1

■

4.

.

of

company

406,302

and all
$3,900,305

______

$3,369,837

applied to the Interstate Commerce
issue short-term notes for $17,000,000.

to

—V.

179,

p.

Atlantic

its

1953

Refining Co.

Federal

income

1953

Discontinues

Commercial

Yarn Manufacturing at Marcus Hook (Pa.) Plant—
All
commercial
yarn
manufacturing at the corporation's Marcus,
Hook, Pa., plant has been discontinued, officials announced on May
25.
Spinning stopped on May 20 and related departments are cur¬
tailing operations as required. Approximately 1,000 employees will be
affected by the move when the curtailment is complete.
The large research departments and
other units at Marcus Hook
serving the corporation's seven other rayon, acetate, and cellophane
plants will continue in operation at that location.—V. 179, p. 2245.

due June 15.

1954

1953

$

U.

before

Net

income

for

to

Dividends declared

Crude
Sales

_

minority

—V.

run

at

3,666,800

3,499,200

on

common

LPG),

11,024,906
4,771

19,630

11,193,951

330,000

330,000

4,480,798 '
352,000
—

bbls.

(net)

81,700
11,174,321

11,029,677

stock

outstanding

(incl.

-

'

interest—loss

R. Co. stock
preferred stock

on

shares outstandings

shares

production
of

14,755,221

;

Earnings per share of common stock
Book value per common share
Stockholders' equity including minority
Crude

14,691,706

income—

period

to A.

Preferred

on

162,451,616

profits tax (pipe line companies)

Applicable

Common

taxes

taxes-^.„—__

income
excess

Federal

S.

$

162,883,130

—__

Federal

Sales Up 6%—

taxes,

Subs.)—Earnings-

(&

income

Total

Applicable
—

on

1930.

Three Months Ended March 31—

$46,019,482 $43,422,756

Corp.

Commission

notes,

$26,300,000 instalment

1829.

Viscose

Santa Fe Ry.—Plans Loan—

has

company

permission

Dividends declared

3 Months Ended March 31—

life insurance sub¬

Atchison, Topeka &
The

Income

1954

Sales

American

$3,369,837

2025.

Federal

Stores Co.—April

Month of April—
P.

3,855,000

$3,494,003

consolidated subs.

159,423

,

179,

7,224,837

3,525,000

198,506

,

-

Earned per shr. of stock outstdg., Mar. 31,
—V. 178, p. 2569.

—V.

7,019,003
:

_

income

1953

bearing 1.625% interest, would be dated June 14, matur¬
ing Dec. 15, 1954.
The
company
said the notes are proposed in connection with a

$151,574

income

net

■'

$22,806,704 $21,990,129

taxes__

consolidated

not

Consolidated

for

1717.

and

dividend out of the previous year's earnings but will
in June, Mr. Rovensky said.—V. 179, p. 1929.

a

retirement

—

American

has been

Federal

for

subsidiaries

on

company

agreement,

further

Net

1953.

Three Months Ended March 31—
sales

1954

Insur¬

and other income

the

employees.—V.

American

recent

May 27 announced that a proposed recapitalization
failed of approval by the necessary two-thirds
of each class of stock at an adjourned special meeting of stockholders.
John E. Rovensky, Chairman, said the vote was such that a recap¬
italization plan probably could be approved along the same general

the

14,

a

50,000 shared of the com¬
price fixed by the board of

(& Subs.)—Earnings—

automobile

interest,

before

Provision

sidiary

of

supplements a stock option plan

for

Profit

discounts,

premiums earned,

ance

The

American Car & Foundry Co.—Plan Rejected—
company

Sept.

year

employees

male

Southern

Income

The

on

action

last

Net

plan for

17 approved an incentive stock option plan

employees.

issue of about 90 000 common shares to key
employees of American Investment Co.'s subsidiary operations.
The stockholders at the meeting also approved an amendment to

well as a continuation of many
the network.

"Disneyland", to

and

the

plan, options for a total
common stock will be issued at

pany's

as

Associates Investment Co.
3 Months Ended March 31—

Net income of company and

•...

continues
with its

the
effects

Farrell,

Finance

provide

from
the

1

re-financing of some

$5,000,000 in 4% subordinated notes, due in 15 years.

Under

that

called

resulting

equipment,

smaller

as

organization

California.

Goldenson

be

coming
a

shows

TV

Goldenson

Walt

in

the

college football

popular

Mr.

the

The

ago.

that

improvement

•n
new

sound

Goldenson

would
years

said

and

time

Mr.

television

areas

Other

charges

depreciation

screen

first

Midwest.

and

effects

the

for

prove

earnings adversely in the first quarter; namely,

wide

Private

pictures.

excellent

last year not only because of the
because of the continuation of the con¬

increased

new

of

behind

also

but

affected

rentals,

Installation

-South

running

pictures

number

also

Plans

beneficial.

the

should

—

Financing—This company has placed privately through

on

in

a

of Illinois

Co.

Investment

American

May 18 that a
third quarter, with

announced

expected

is

reduction

tax

Is

quarter

scarcity

or

President,

theatre business
anticipated
release
of

th©

Inc.—

Strong Financial Position—

a

Goldenson,

in

pickup

Theatres,

—

4,480,888
352,000

8,961,977
8,961,977
$1.19
$1.2i
$42.47
$3?.Gd
415,899,872 385,536,909
9,177.000

9.795,000

refineries, bbls

15,946,000

17,082,000

bbls

21,499,000

21,073,000

products,

179, p. 101.

2

The Commercial and Financial Chronicle

(2362)

Co. of America—Stock Offering-

Automatic Canteen

Mention

in

made

was

Basin Oil Corp., Evansville, Ind.—Calls Notes—

issue of May 24 of the offer¬

our

The
1956

ing of 77,706 additional shares of common stock to com¬
mon
stockholders of record May 20 at $14 per share,
basis of

the

on

the

the

of

sale

net

proceeds

to

securities

new

The

plus

This

by the company from the proposed new loans referred to
in the "Capitaliz ".ion" table belov: in excess .of amounts
required to
refund
outstanding long term borrowings
($1,888,000 as of May 21,
1954) will be added to the general funds of
the company available
such

The

past

corporate

business

10

tional

be

will

be

the

as

has

company

now

used

to

working

augment

capital

■distributing

subsidiaries)

"Canteens"

for

for

company

The

the

other

announced

been

the

to

the

others

company

in

(1)

(including

vending

its

machines

territories,

1931

the

in

and

Delaware

since

to

of

the

Canteens,

understood

GIVING

EFFECT

Preferred

before

the
179,

of

March

in

($5

basis

p.

it

does

TO

act

PRESENT

meeting

be

to

contemplates

with

its

present

179,

The

which

shares

its

also

cumulative

exercise

Nov.

of

840

of

FINANCING

capital

At

stock

shares)

372,221

$0.11

$0.13

—

voted

Southeast,

increase

200,000

the

shares

July

number

the

at

of

178,

shares

$3.44

time

same

shares.—V.

shares.

last

year

of

30,

and

stock

options

12,950

Profit
Fed.

issued

been

to

shares had

on

a

taxes,
taxes

s

113.944,423

11,069,804

inc.

18.005',708

6,068.298

11,665,596

share

6,340,112

$2.03

$2.59

r

pany,

are

bonds
•Central

Republic

Shields
O.

H.

&

—V.

10'/

(Inc.).

John

10'/

Co

&

Witter

Bacon,

Co.

Emanuel,

Co._.

Walker

Dean

18 '7

&

Clarke,

Inc

Hurd,

6%

Clegg

&

Co,_

finance

to

asked

be

5%

Period End. Mar. 31—

5%

Loewi

&

Horner & Mason,

Co.__

Operating

Files

With

The

Devices

Co.,

Inc.,

and

Exchange

Securities

corporationi

5%

Inc.

Oper.

5%

maint,

&

Depreciation

Western

Springs, 111.—
Commission—

stock

common

the

on

.*tock

of

basis

for

each

derwriting
-expansion

(par

10 cents)

shares

two

shares

of

to be

offered

preferred

of

involved.

be

and

and

Net

operating
income

STATEMENT

proceeds

of

be

to

are

Int.

5,760,057

income

$3,581,496

(net)

used

No

to

—V.

178,

for

pay

(net)-

of

an

fill

to

us

market

demands

steel demands as

to

179,

for

these

products,

which,

whole, have almost doubled

a

in

was

W.

1950."

W.

firm

of

Keen

director.—V.

service

of

179,

to

the

sold

bowling industry we
Murray operations

tooling

and

production,

pinsetter

new

will

be

handled

2026.

p.

reduce

future increases

Finance

|

Plan

in

how

short

Ended

and

term

bank

and

fi¬

borrowings

March

other

State

35

offices

(&

in

nine

States.

1954

1953

$6,532,655

$6,349,570

6,226^321

1

6,098,310

64,509

68,104

139,312

122,630

$102,513

$60,026

income

on

See

Subs.)—Earnings—

31

income

taxes

and

outstanding receivables.

operates

2138.

p.

Months

Federal

18,433,163

Net

profit

&

partner

a

—V.- 175,

capital

deprec. for the

gains,

and

amounted

year

to

1858.

p.

California Electric Power Co.—Bonds

$8,192,255

$8,228,834

Headquarters for Unit—

&

Co.

bid

Inc.

the

in

New

and

associates

Stock

has

been

Halsey,
on

bonds

will

&

3Mt%

344s

as

Stuart

3%%

a

bonds

new

each

in

Co.

at

Inc.,

competitive

from

came

99.15.

Blyth

White,

sale

Co'

&

,Inc

Weld

Co

&

coupon.

be

case.

PROCEEDS—Net proceeds from the sale
of the bonds will be
applied
the
redemption of the company's

amount

Exchange
elected

the

Offered—Blair,

on

May 27 offered
bonds, due May 1,
interest, to yield 3.20%.

mortgage

subject to redemption at
regular redemption
prices ranging from 103.95% to
par, and at special redemption
prices
after May 1, 1958 at
100.88% declining to par
plus accrued interest

to

York

Pa.,

for

and

100.62

The

Board—

on

bids

99.179,

a

of

outstanding

first

mortgage 3%%

BUSINESS—Company

754.

p.

net

adjustments

for

1984, at 100.95% and accrued
The group won award of the
issue
on
May 25 on a bid of 100.15%.

Philadelphia,

Sherrerd,

excluding

surplus
Provision

18,459,114

'

Butcher,

178,

in

$2,650,703

$2,818,510

Butcher

investment

$8,000,000 of first

Botany Mills, Inc.—Butcher

sharp

since

be

to

Oper. costs and general exps. incl.
depreciation
Bond interest paid and/or
acerued

new
headquarters building of the Boston & Maine Transporta¬
Company housing the general offices, a truck freight terminal,
a
bus storage and maintenance garage in Ea'st
Cambridge, Mass.,
officially opened on May 24.—V. 179, p. 1930.

and

1609.

p.

12

The

tion

and

more,

will

Bensinger added.

and

used

were

179,

Other

Capacity—

no

arranged by Reynolds & Co.,
Chicago, 111.

was

possible

V.

Revenues

1

expansion
program
which
will
increase
by
nearly 407*
the productive capacity for stainless steel tubular
prod¬
ucts has been announced
by the company's Tubular Products Division
at
Beaver Falls,
Pa.
The increased capacity, according
to
E.
A.
Livingstone, Vice President in charge of the division, "will better
contrast

mortgage

1954—12 Mos.—1953

1978.

p.

cost

machine

leadership in the
important addition

normal

our

$3,365,148 $11,207,605 $11,006,040
714,445
3,015,350
2,777,206

764,418

income

Net

un¬

charges

to

California Consumers Corp.

$3,387,270 $11,151,055 $10,793,750
Dr22,122
56,550
212,290

1,432

Boston & Maine RR.—New

—V.

first

Public

EARNINGS

5,521,694

$3,582,928

etc.

of
an

by Brunswick.—V.

funds

Rollins

common

presently owned.

Babcock & Wilcox Co.—Tubular Unit Incr.

•enable

OF

1S54—3 Mos.—1953

Total

stockholders

common

eight shares

stock

common

The

to

working capital.

Completion

30-year

of

on

four

will

of

will

The

—

—

Other

May 18 filed a letter of notification with the
SEC covering 630 shares of preferred stock
(par $100) and 2,520 shares
of

$18,000,000

Department

$23,216,817 $21,804,897 $83,788,087 $79,625,911
exps.__
11,830,464
10,998,433
46,449,669
43,151,231
2,044,800
1,897,500
7,754,200
7,221,816

revenues

Taxes

Automatic

Bonds—

plant expansion and improvements.
The stockholders
approve the issue at a special meeting on June 30.

to

COMPARATIVE

5'«

—

Co

Scott,

179,

will

1949,

costs.

The

5'/'

Union Securities
Fulton, Reid & Co..

10';

Whipple & Co
p. 2216.

W.

6%■

Dallas

10%

t.

Co

Deetjen & Co

pinboy

Co. of

The

Boston

follows:

as

than

history

distribution

Budget

Massachusetts

csl

to

making

addition

make

Co,—To Issue

development since

less

leased

are

nancing

also

Edison

of

process

we

ance

on

company has
asked the
Utilities for permission to issue

pur¬

market.

open

New York, a
$2,000,000, 4 y2% 15-year sink¬
ing fund note, due April 1, 1969, it was announced in
a
joint statement issued by Charles S.
Offer, President,
and Albert
Behrstock, Chairman of the Board.

(including

profits tax for 1953) and renegotiation

The

the

.n

Murray Corp. of America, for the production
fully automatic bowling pinsetter.
"Operation of this particular machine, which

markets."

1610.

p.

converted.

purchased

stock

the
a

said:

103-year

UNDERWRITERS—The

names of the principal underwriters and
the
percentages of the common stock offered to stockholders for
subscription and not subscribed for through the exercise of subscription
warrants which they have
severally agieed to purchase from the com¬

employees'

(Calif.)—Note Placed
Privately
—The company has
placed, with the Mutual Life Insur¬

2,398.343 shares of $5 par value common stock outstanding
allowing for preferred
stock
dividend
of
$139,854.—V.
179,

after

of

in

Budget Finance Plan

97,807,117

-

etc.—
on

be

1953

5,001,506

income

Canadian

•Based

respective

Olore, Forgan & Co

in

than

exclusively

1954

of

of

inger

likelihood

Sales,

Subs.)—Earnings-

——-----JL

Net earnings
•Earnings per common

As at May

been

before
and

excess

cer¬

excerclse

upon

2

will

the Murray corporation will
share with Brunswick in the
joint financing
cf bowling operator
purchases of the new machin\" Mr. Gould added.
"The
development of the Brunswick automatic
pinsetter, coupled
with the facilities of the
Murray Corporation, has the potential of
doubling our sales volume of bowling equipment," Mr.

stock

compared
smaller number
as

shares

granted

1954.

sales'

Net

+543,246 shs.

includes

been

"In

$

1955

President

Ben

all

and

common

share

per

Three Months Ended March 31—

37,500 shs.

needed

2782.

p.

wick'*;

Tue

19o4.

authorized

2090.

p.

(&

through participation

shares

The

operators of bowling establishments."
"Two
year;
intensive study of
the
Brunswick
pin.etter
and
its
engineering principles has convinced us that this is a sound
and
logical step in Murray's diversification
program,"
Mr.
Gould
said.
"I",
associating our production facilities and techniques with Bruns¬

company

1,

of

400,000

to

the

of

name

effective

in

41,971

were

value

asset

Borg-Warner Corp.

preferred

no

share

pejr

there

net

issued

distribution

Mr.

Change Name—

to change the

the

an

from

1954,

outstanding

1,200,000

125,000 shs.
*625,000 shs.

plan.

be

rather

Co.—To

of

on
May 20 filed a letter of notification with the
undetermined number of shares of common
stock

an

to

177,

and

Corp.—Asset Value Shows Gain—

with

$3.23

of

restricted

and

stock

30,

to

to

shares- had

options

April

outstanding

key employees.

additional

11,300

$47,131

$2,800,000

—

$10)

has

May 26

$29.00

long-term manufacturing and marketing contract
pooling financial
resources,
technical facilities,
and
research
was
signed May 13 by
R. i'. Sensing .-r, Chairman ol
the Board ox thus company, and B. C.

supplier

as

i

——

before

58,931

con¬

—

or

on

53.042

$42,442

on

$1.29

$29.91

Brunswick-Balke-Colleuder Co.—New Contract—

10.600

recommended

476,320
952,640

$1.10

A

1262.

directors

board

601,313
1,203,832

of period—

share——

,

covering

1953

$100,a72

taxes

Telephone

675,000

share——

Corporation

SEC

management,

1954

on

$1,231,464

-Earnings-

taxes

(based

$1,323 553

1

Broadway-Hale Stores, Inc.—Files With SEC—
The

the

1930.

—

share

2,025,000

1930.

p.

(par

business
p.

31—

tb General Telephone Co.

Outstanding

includihg shares issued subsequent to Feb. 20,

employees'

pacial

.

purchaser

1,536.000

tax

common

per

be ieve

to

Bank

pari

the

upon

1954,

a

179,

ir.

instal¬

City

instalments

par )

officers and

fNot

18,

4'/a%

stock

issuable
tain

at

1953

$26,879,734 $33,956,572
2,86.4,556
3,931,464

_

—

...

per

value

—V.

that it has received an offer
share and are considering steps to
21

proposed

income

on

Dividends paid on common stock-,
Common shares
outstanding at end
Book

per

taxes

—

$444,973

income

per

—V.

Feb.

share

for

profits

—

taxes

excess

Gould,

20, 1954, includes 37,500 shares issuable upon conversion
preferred stock to common stock of the company on a share

the

income

Federal

Earning;

(& Subs.)-

income

for

Earnings

has

1,200,000

($20

at

Federal

Co.—Offer, to Be

;

income

Net

the

$2,800,000

National

due

stock,

•As

stock

Federal

Net profit

& Machine

May

1954

—

before

Berges

1

the

of

income

Profit

known
(2)

Mutual

1958.

Common

G.

—

Profits

2246.

p.

shareholders

said.—V.

Quarter Ended
Gross

own

company

merchandise

but

1966

1,

York,

1,

vertible

Melburn

sales

Each

■

that

operation

statement

and

Net

1

England
Co.,
due in

to The

New

Dec.

177,

Ind.,

3 Months Ended March 31—

1,

notes

—V.

distribution.

for

'

New

June

to

npte

Bridgeport Brass Co.—Earnings for Quarter—
July

These

the

succeed

to

The

1929.

principally

manufacture

not

through

Insurance

ments

Evansville,

on

the

Bishop Oil Co.

expanding

are

Authorized
note

Life

due

notes
104%.

products exclusively to lessees of

operating

distributor.

CAPITALIZATION

3¥2%

to

purpose.

Bondstock

4,/4rJ

in

notes.—V.

offer

Bluefield

subsidiaries,

does

sell

of

specified

in

and

incorporated

had

acquired

distributors

fund
the basis of

chase

therein.

was

which

company

the

food

resale

tubsequently

for

support

to

coin-operated

of

operation

purchase and sale of

business

is

Provision

principal activities
acquisition,
and
leasing

development,

a

the

that

continued

volume.

The

Bank

equivalent to $20

this

for

It

a

BUSINESS—The

as

called

The company is continuing to acquire addi¬
substantial part of the proceeds of the sale
offered plus the net proceeds of the proposed loans
for this purpose.
It is probable that the remainder

and

expended

Canteens

for

assets

present

desire.

may

National

company

its

for

expanding rapidly and during the
spent
in excess of $13,000,000 on

is

company

directors

sinking

on

equipment.

new

stock

will

sales

the

equipment

the

of

the

of

years

entirely

purposes

1954

Made to Stockholders—

received

for

convertible

July 1,

Birdsboro Steel Foundry

by the company/ from
estimated $2,112,000 to be

an

Old

trustees

are

received

ae

redeemed

by Cruttenden & Co., Chicago, 111., in August, 1951.
purchaser of a $1,000 note was given 100 shares of common
(which is now selling at 55 cents a share).
?
■

Subscription warrants were mailed on May 21 and will
expire on June 7, 1954. The offering is underwritten
by a group headed by Glore, Forgan & Co..
PROCEEDS—The

be

offered

were

full share for each six shares held.

one

6%

corporation's

will

Monday, May 31, 1954

.

is

bonds,

due

$8,000,000

principal

1933.

engaged

principally
in
the
generation,
transmission, distribution and sale of electric
energy jn parts of south¬
California and southwestern Nevada.
The company's Imperial
Division, manufactures and sells ice in certain
agricultural sections of Imperial County and Riverside
County, Calif., for the refrig¬
eration of
eastern

Bailey Selburn Oil & Gas Ltd.—New Well—
This

company

Baysel
This

Namepi

well

wherein
in

3xk

is

with

the

sections,

a

gas

at current driller

success

4-26

well, located in Calgary, Alberta, Canada.
under a
fannout
of
Imperial
Oil
Ltd.,
drilling of the well Baysel will earn 100% interest

being

to surface

t'as

May 26 announced

on

Creek

Brandy wine Raceway Association, Inc.—Securities Of¬
fered—Stockholders have been offered rights to sub¬

A

scribe to

$200,000 of 6% subordinated notes due June 1,
1964, and 20,000 shares of capital stock (par $1) in units,
each consisting of $50 principal amount of the notes
and five shares of
capital stock on the basis of one unit
for each 50 shares of
capital stock held on May 19. Units
are priced at
$100 each. Laird Securities Co., Inc., Laird,

drilled

drill stem

in three

throughout test to
sixty minutes. After

test

from

minutes and

shut-in

recovery was ten feet of
said.—V. 179, p. 1046.

of

feet

rate

feet

15

of

2,133

showed

feet

steadily increased
day at the end of

pipe

cut

gas

to

flow

per

minutes

heavy

very

2,087

the

cubic

800,000

over

pulled

was

the

mud,

and

the

announcement

Bissell
the

Barnesville

Files

With

The
SEC
per

(Minn.)

Securities

Association

covering

and

May

on

8,000

Rural

of

Exchange

filed

27

shares

Telephone

a

common

letter

to

notification
be

offered

with

Harrison

&

The rights expire

Co.,

($5

perishable

the 12 months ended
March 31, 1954, an unaudited
the company had total
operating revenues of $17,845,282
and net income of
$2,721,913. In the year 1953,
operating revenues
aggregated $17,598,493 and net
income of

$2,751,211.

CAPITALIZATION GIVING
•First
3

track

with

securities

will

pari-mutual

betting

3

_

Bayuk Cigars, Inc.
Three
Gross
and

Months

sales

Ended

of

(&

less

31—

•

Profit, before provision for taxes
Commonwealth of Pennsylvania

$6,895,650

$7,125,877

212,357

;

income

on

163,865

—

corporate

taxes

Shares

94,337

stock

common

earned

of

three months ended March'31
value per share of common
31

above

statement

and

1954

equity

profit of $42,292

a

has

S665.0C0 and
in

business.—V.

Bayuk

of

consolidated,
included

$0.14

___

stock

as

.'

of

to

the

the

increased
March

above

31,

exclusive
to

$0.11

of

a

March

wholly-owned

since

1953

statement

acquisition
by $585,739.
of

earnings

stock

TO

profit

31.

$23.01

of

$32,575

to

1953, for the first

•The

notes

to

not

company,

March

These

31,

1954

amounts

retained

for

use

FINANCING

dated

$1,600,000

of

Trust

debentures

Total

June

500,000 shs.

and

for

1953

1,

trustee,

between

provides

the

for

issuance,

Association
issue

of

at

1954,

l,

conditions,
and

of

of

additions

to

up
lo

$500,000

son

&

Co.

is

of

will

below

purchase

exercise

of

units of

fraction

a

warrants;

>

securities

of

a

Co.,

by

Harrison

&

not

Schmidt,

Poole,

in

the

-

^

Roberts

179,

so

are

that
not

no

underwriter

issued

upon

the

'C

\0

37.5

Thayer. Baker & Co

12.5

DeHaven

10.0

41,750,000

$88,000,000

$37,000,000

loans——9.000,000

6,750,000

cumulative

•The

stock

first

permits

&

Williams & Co.,

2.5

'

498,800 shs.

cum.

($20

($1

pfd.

stock—

forth

323.149 shs.

3.500.000 shs.

indenture

dated

of additional
therein.
,

be

to

redeemed

Oct.

bonds

on

1,

1943.

under

Oct.

1,

2,490,934 shs.

restrictions

§The company planned to
offer 105,000 shares of a new
series of
cumulative preferred stock to the
public on May 11, 1954, through a
underwriting, and to use the net proceeds to effect
redemp¬
tion of 60,000 shares of its
outstanding $2.50 cumulative preferred stock
and
38,800 shares of its
outstanding $2.50 sinking fund cumulative
preferred stock. • The company
indefinitely postponed such offer. The
new stock
may be offered to the public within the next few
weeks, if,
in
the
opinion of the company, an offer becomes
advisable
within
that time.
•

PURCHASERS—The
and

of

amounts

of

Rollins

Baxter,

of

names

the

bonds

new

Blair,

other
to

&

be

Co.

Williams

&

Blair, Rollins & Co. Inc.

purchasers
purchased

Co

Co.

set

NOTE:

On

account

of

the




fluctuations

in

the

rate

March.

3.

1879.

Subscriptions

Company.

in

United

States,

year.

of

exchange,

remittance

for

foreign

subscriptions

an

U.

S.

Possessions,

Territories

and

Reentered

Members

of

as

Inc

second

Pan-American

d advertisements must be made in New York funds.

principal

forth

below:

750,000
Inc

150,000

I'"';

(Continued

i

respective
are

"Repre¬

3,550,000

Writer & Christensen.

2246.

the

them

-

&

p.

by

(the

$3,550,000

Peters,

179,

and

Inc

Stroud

—V.

2026.

v

ollice at New
xoru, «.
x..
under the
Act of
Canada, $51.00 per year. Other Countries, $55.00
per

and

1954.

on

page 7)

f

post

supplemented,

as

the

TS?. COMMERCIAL AND FINANCIAL CHRONICLE (Reg. U. S. Patent Office) William B. Dana
Company,
Publishers, 25 Park Place, New York 7, N. Y., REctcr 2-9570. Herbert
Seibert. Editor and
Yir<
v!
^i^Sin+a Publishied^twice a week (every Thursday (general news and advertising issue) with a statistical issue on Monday], Other offices: 135 S. LaD.Salle
(Telephone
Street, Chicago
°la^e
J
pf,rs. Gardens, London, E. C., England, c/o Edwards & Smith. Copyright 1954 by William B. Dana
i

v

shs.

38,800 shs.

value)—

issuance

set

,

60^000

value )—_„

par

par

<

104,963 shs.

stock

negotiated

3.34

Inc

preferred

$ Includes $250,000

Townsend,

Ciouter & BodineC. T.

($50 par value)

mortgage

the

conditions

6.66

10.0
p.

8,000,000

2.000,000

I960-

sinking fund

Hallowell, Sulzberger & Co.-- 5.0

&

Parke

—V.

which

12.5

Inc.——

Co

(adjusted

unit)

6,000,000

25,000.000

$2.50

sentative")

Co., Inc
Bissell & Meeds!-—-&

improvements

1

•,

Securities

Stroud

for

named

the
the

,

Laird

debentures

racing plant.

underwriters

below, of whom Harri¬
Manager, have severally agreed to purchase from the
subscription price the respective percentages set

the
at

forth

additional

the-Association's

5,500,000

10,000,000

1984

cumulative preferred stock—

Common

235,326 shs.
the

initial

an

Outstanding
$16,000,000

——

Short-term bank

Preference stock

any time prior to
up to $200,000 of additional debentures for the con¬
struction, improvement or extension of the Association's
racing plant
and also provides for. the
issuance, after Oct. 1. 1954, under certain
Oct.

are

178, p. 2194.

Outstanding
200,000

/,

of

as

Co..

due

FINANCING

10.000,000

—„

1980.

$2.50

$1,600,000

200,000

.

value)

par

indenture

Wilmington

Laird,

subsidiary

PRESENT

*$2,300,000

—

($1

Association

<

$23.46

of the wholly-owned
subsidiary company,

year

in

is

subordinated

UNDERWRITERS—The

——.—_

fiye months of the fiscal
«6t consolidated.
The

736,120

for

—

NOTES—The
31,

stock

common

117.918

786,120

outstanding

share

per

Book

March

69,828

$87,844

117,918

of

March

6,193

$109,896

Net profit

Dividend

Amount

debentures

Capital

and

net

8,074

income

6%
6%

1953

returns

income tax

Federal

EFFECT

Authorized
.

1954

discounts,

allowances

series

PRESENT

—$16,000,000

1978—.

series due

debentures due

"

TO

Authorized

1976

^Cumulative pfd. stock

Subs.)—Earnings Increase

March

cigars,

GIVING

due

series due
*

3V4%

$3
CAPITALIZATION

series

c

2/a

EFFECT

mortgage bonds—

3%
.

these

crops.

EARNINGS—For

report showed

June 7.

on

net

ation operates la. harness horse
racing
privileges in the State of Delaware.

.

underwriting

are

BUSINESS—Organized in October, 1952, Brandywine Raceway Associ¬

the

par

at

offering.

and

proceeds from the sale of
added to the general funds of the Association.

be

Gommission—
of

stock

Meeds

PROCEEDS—The

Association—

share), without underwriting.

&

ice

class

matter

February

Union,

$48.00

per

year;

25,
in

Publisher;
3,

1942,

Illinois
at

Dominion

the
of

Number 5329

Volume 179

...

The Commercial and

3

(2363)

Financial Chronicle

Capital Flotations in the United States During the Month
of January 1954
emissions during January, 1954,
against $5r/6,914,161 m 1953
and $553,273,152 in the like period of 1952. These three
years stand out in sharp contrast to the January, 1951,
total of $261,504,658 which figure was the smallest for
any
corresponding period since 1926, when aggregate
financing reached only $253,874,054.
A comparison of the grand total for the first month of
1954 with that for December of 1953 discloses a moder¬
ate reduction in over-all dollar volume with the latter
Aggregate corporate

amounted to $486,689,232 as

$576,914,161.
that in January of each year
from 1947 on a substantial increase in dollar volume has
been recorded with the single exception of January, 19ol
when the upward trend was reversed. The $200,0110,000
offering by the American Telephone & Telegraph Co.
of 21-year 2%% debentures in January, 1950 made an
important contribution to what was destined to be a
record volume for that month.
Adhering to the trend of former years, new capital
in January gt this year comprised the principal portion
of the month's financing and aggregated $466,249,711, or
05.80%.i This compared with the greatly reduced amount

total standing at

of

of interest to note

is

It

$20,439,521, or 4.20% for refunding purposes.
month's financing into the follow¬

"The

mild decline from that of the
like period in 1953. Preferred stock issues added up to
$18,934,950, or 3.89%, while common stock offerings
total $92,918,761,
or
19.09% of all financing for the
month; this compared with $46,282,880, or 8.02% for
preferred stock issues in January, 1953 and $87,625,881,
or 15.19% for common stock placements in that period.
Taking up the various categories given in our fiveyear table each month, we find that in the order of
their gross 'dollar volume, public utility issues led the
list, amounting to $292,994,935, or 60.20% of the month's
over-all dollar volume. Next came oils in the amount
of
$70,918,616, or
14.57%; railroads, $47,950,000, or
9.85%; other industrial and manufacturing, $34,948,031,
or
7.18%; miscellaneous, $32,895,435, or 6.76%; iron,
steel, coal, copper, etc., $5,599,500, or 1.15%; land, build¬
ings, etc., $1,082,715, or 0.23%; and rubber only $300,000,
•

offerings placed in January in¬
$60,000,000 issue'of the Northern Illinois
Gas Co. consisting of 3Vz % 25-year first mortgage bonds
due Jan. 1,
1979; the $55,000,000 placement of 3*/>%
25-year sinking fund debentures, due Jan. 15, 1979 of
the Atlantic Refining Co.; the $35,000,000 issue of Con¬
of

few

A

the larger

the

cluded

representing
first and refunding mortgage bonds, series J, due
1, 1984, and the $30,000,000 placement of 3%%
mortgage bonds, due Jan. 1, 1984 of the Ohio

solidated

3%%
Jan.

first

Edison

Co.

of

New

York

Inc.,

Edison Co.

is¬
the
month's grand total. This compared with $264,621,500,
or 45.87% of the aggregate total of all financing for Jan¬
uary,, 1953.
For December of 1953 private financing
comprised 57 issues in the amount of $301,202,000, or
Private

and

sues

offerings in January of this year totaled 22
added up to $97,546,521, or 20.04% of

21.15% of that month's over-all financing.

"While
relation

the

$397,556,630. For the current month the new
capital figure was $393,416,930, representing the greater
only

interest

an

1961.

-Blair,

sale of

at

such

to

.

trust certificates,
1955-1969, inclusive.
to yield from 1.65%

to

Offered

2%

1952-54

of

of

bonds

1951-55

STATES

2%

the

and

FINANCING

Accepted

Jan

Jan

91-days

7

Price

Yield

99.668

Jan 14

91-days

2,321,110,000

1,500,528,000

*800,000

91-days
91-days

2,558,601,000

1,501,661,000

99.695

2,140,313,000

99.748

*0.998

9%-12 yrs.

561,229,600

1,500,313,000
561,229,600

32 years

1,213,000

1,213,000

Jan 1-31

Jan l

Jan 1-31

Jan

Jan 1-31

Jan 1

Total

a

100

January

£35,000,0()0

separate

which

of

E—Beginning

basis,

discount

bank

a

c

changed

were

May

on

Feb.

from
end

10
of 6

doubled

to

years

9

SERIES

$10,000

H

one

Co.; Baker, Weeks & Co,; Bartow Leeds & Co.; Blyth
Co., Inc.; Clark, Dodge & Co.; Coffin & Burr, Inc.;
Curtiss, House & Co.; Dominick & Dominick; Drexel &
Co.; Estabrook & Co.; First of Michigan Corp.; Folgcr;
Nolan-W. B. Hibbs & Co., Inc.; Fulton, Reid & Co.; Robert
Garrett & Sons;
Goldman, Sachs & Co.; Hallgarten &
Co.; Harriman Ripley & Co., Inc.; Hayden, Miller & Co.;
Henry Hernnan & Co.; J. J. B. Hilliard & Son; Hornblower & Weeks; W. E. Hutton & Co.; The Illinois Co.;

three

of

interest

raised

rate

limit

(NEW)—New

on

current

purchases

annual

the

has

Kidder,

been

Loeb

value.

maturity

$20,000

to

starts accruing at

Interest

Also the yield is higher in each

year.

Individual

year.

from

months.

8

years,

months instead of

intermediate

income

Series

bond,

of

higher

for

instead

For

increased

June

30,

data

limit of Series J

Bonds,

on

see„

footnote

of

Sale

notes

Treasury

Series

of

A

USE

OF

Type of

Treas.

bills

bills

1,500,528.000

bills

91-day, Treas.

bills

U.

Bds.

1,501,661,000
1,500.313.000
561,229.600

Depositary, bonds..
antic'n

Tax

1

Jan

Total

for

Offered

Allyn

______

"INTRA-GOVERNMENT

$

43,347,000

302,513,000

t259,166.000

172.192,000

for

101,163,000

71,029.000

215,539,000

January

403,676,000

+188,137,000

of special series certificates and notes;
Service Certificates Fund and Unemployed

'-Comprises, sales

Civil

notes

to

Service

Federal

Old

Insurance

Alaska Railroad

Savings

Life

Government
Fund.

Loan

and

"Holders

of

the

maturing

securities

will

be

offered

the choice of one-year 1%% certificates of indebtedness
seven-year

and

nine-month

1lk%

Treasury

bonds

which

reach

holders

final

of

the

2%

bonds

1952-54

maturity on June 15, 1954, in the
amount of $5,825,463,500, and holders of the 2*4% bonds




due

M

Jan.

2.

3V4%

1955-1969,

for
E. Ames &

Purpose,

inclusive.

A

certificates due
1969, Inclusive.
Purpose, for new equipment. Price, to yield from 1.75% to
2.90%, according to maturity. Offered by Salomon Bros,
&
Hutzler;
Drexel & Co.; Union Securities Corp.; and
&

for

RR.

3Vb%

eouipment trust certificates,

15. 1955-1969, inclusive.
Purpose,
Price, to yield from 2.35% to 3.25%,
maturity. Offered by Blair, Rollins & Co.

due

Jan.

equipment.

according

to

and Baxter, Williams & Co.

102%

Co.

Price,

The

First Boston.

Dain &

JIndicates

Co.;
&

Read
&

Co.;

Eastman,

R. L. Day & Co.;

Co.

Inc.;

Drexel

Dillon

Co J;

Co.;

&

Dominick;

Francis

Elworthy &

I.

du

Co.;

Doyle,
Pont.

offering.

the

on page

5)

comprehensive table on the fol¬
page

we

compare

the January

corresponding
preceding, thus,

period in the four years
affording a five-year comparison.

&

Emanuel,

issues placed privately.
sold ..competitively,

(Continued

In

&

Dick & Merle-Smith;

issues

flndicates special

lowing

&

Dominick

figures with those for the

Inc.

Pacifc

'WW,

new

Inc.,

Co.,

Co.;

♦Represents

equipment trust certificates,

+5,070^000 Great Northern By. 2%% equipment trust
semi-annually from Aug. 1, 1954 to Feb, 1,

Stroud

M.

O'Connor

Five Years)

Placed privately through
Co., Inc. and Salomon Bros. & Hutzler.

series

of

J.

(Issues Maturing

equipment.

new

13,000.000 Missouri

in exchange for their present holdings.

addition,

series

Rv.

by

Stuart

Br,ush, Slocumb & Co., Inc.; Burns, Corbett & Pickard, Inc.; H. M. Byllesby & Co. (Inc.); C. F. Caswell &
Inc.; Central Republic Co. (Inc.); Clark, Dodge &
E. W. Clark & Co.; John W. Clarke, Inc.; Coffin &
Burr, Inc.; Julien Collins & Co.; Courts & Co.; Croweli,
Weedon & Co.; Cruttenden & Co.; Curtiss, House & Co.;

Dillon,

RAILROADS

Pacific

*$25,020,000 Canadian

Edison

Underwritten

interest.

Halsey,

Co.,
Co,;

Capital Flotations

Bonds and Notes

Commonwealth

Sons;

Fund, National Service
Corporation, and
+Net retired.

During January, 1954
Later Than

certificates of indebtedness which
will mature Feb. 15, 1954, in the amount of $8,114,165,000,
and the 1%% Treasury notes which will mature March
15, 1954, in the amount of $4,675,067,000.

"In

certificates
Trust Fund

Retirement Fund, Postal

Insurance

Co. 3'/2%
25-year first mortgage
1979.
Purpose, to acquire gas utility

Gas
1,

& Co. Inc.; Glore, Forgan & Co.;
A. C. Allyn & Co,, Inc.; American Securities Corp.; Ames,
Emerich
& Co.,1 Inc.;
Bache & Co.; Bacon, Whipple &
Co.; Robert W. Baird & Co., Inc.; Baker, Watts & Co.;
Ball, Burge & Kraus; Barrett, Fitch, ilorth & Co.; A. C.
Becker & Co.; Blair, Rollins & Co. Inc.; William Blair &
Co.;, Blunt Ellis & Simmons; Blyth & Co., Inc.; Boettcher
and Co.; Bosworth, Sullivan
Co., Inc.; Alex. Brown &

Deposit Insurance
Insurance Corporation.

Federal

Jan.

from

accrued

Corp.;

and Survivors Insurance Trust Account.
Fund.
Foreign Service Retirement Fund,

Retirement

System,

and

Age

Canal Zone Retirement Fund,

Federal

Illinois

due

properties

Long-Term

change of the 214%

and

bonds

January-

Total

Oversubscribed.

60,000,000 Northern

$

$

.

by Smith, Barney & Co.; Blyth & Co., Inc.; A. C.
Co., Inc.;
Arthurs, Lestrange & Co.; William
Co.; Alex. Brown & Sons; Central Republic Co.

&

& Co.

Net Issued

Retired

through Put¬

Courts & Co.; DeHaven & Townsend, Crouter &
Dominick & Dominick; Estabrook <fe Co.; Fauset,
Co.; The First Boston Corp.; First of Michigan
Corp.; Glore, Forgan & Co.; Goldman/Sachs & Co.; Hall¬
garten & Co.; Hayden, Miller & Co.; H. Hentz & Co.;
A. M. Kidder & Co.; Kirkpatrick-Pettis Co.; W. C. Langley
& Co.;
A. E. Masten & Co.; McDonald & Co.; Merrill,
Turben & Co.; The Milwaukee Co.; F. S. Moseley & Co.,;
The
Ohio
Co.;
Pacific
Northwest Co.; Raffensperger,
Hughes & Co., Inc.; L. F, Rothschild & Co.; Schmidt,
Poole, Roberts & Parke; Schwabacher & Co.; Chas. W.
Scranton & Co.; Singer, Deane & Scribner; Starkweather
& Co.; Stein Bros. & Boyce; Swiss American Corp.; Dean
Witter & Co.; Wurts, Dulles & Co., and Yarnall, Biddlo

FINANCING

Issued

3'/2% first mortgage bonds, series V,
Purpose, for general corporate purposes.

(Inc.);

563,788,600

6,001,504,000

Co.

1979.

1,

Bodine;

1,213,000

6,565,292,600

&
&

Steele

notes.

January___._

par

£20,000,000 Michigan Consolidated Gas Co. 3%% first mortgage bonds
due Jan. 15, 1979.
Purpose, to repay, bank loans and fo:-.'
new
construction.
Price, 100.759% and accrued interest.

912,000
434,000
561,229,600

1,213,000

Jan

Treas.

Savings

Price,

privately with instituitonal investors
Co. and Cooley & Co.

&

nam

$

1,500,749,000
1,499,879,000

91-day

Jan 28

S.

Purpose,

1971.

Gas

Feb.

Placed

1,500,348,000
1,500,528,000

1,500,348,000

Treai?.

1

due

Indebtedness

Refunding
$

$

91-day
91-day

4I/a%

Co.

Gas

1,

construction.

*1,200,000 Hartford

New

Accepted

7

Jan

first mortgage bonds, series A,
to repay bank loans and for
and accrued interest. Placed
with Colonial Life Insurance Co. of America,

June

Blair

Total Amount

Jan 34

Jan

due

Oversubscribed.

Co.

Greenwich
new

FUNDS

Security

Dated

*200,000

&

Dean

Weeden & Co. Inc.; White, Weld & Co., and

was

of Series B began on May

of Treasury notes

Cook &-

Witter

privately

terminated on May 14,
15, 1953. Notes
are
sold
at par and accrued interest to the
15th of the month and
if held to maturity or two years interest approximates 2.47%.
Sale
of Treasury notes of Series "C" began on Oct.i 1,
1953 and are sold
at
par and
accrued interest to the 15th of the month and if held
to maturity or two years, interest approximates $2.20 per month
for
each $1,000 note.
The sale of Series C Treasury Savings notes was sus¬
pended on Oct. 23, 1953. For previous data on Treasury notes, see foot¬
note
on
page
1470, October 19, 1953,
"Chronicle."
Sale

o

1953.

Moseley & Co.; Newhard,

S.

W.

Corp.;

2687,

page

on

R.

Smith, Moore & Co.; Stern Brothers & Co.; Sweney, Cartwright & Co.; Swiss American Corp.; Union Securities

when

to $200,000.

Savings
1952 "Chronicle."

previous

2.76%

F.

Webber, Jackson & Curtis; Phelps, Fenn &
Pressprich & Co.; Riter & Co.; Salomon Bros.
&
Hutzler; Schoellkopf, Hutton & Pomeroy, Inc.; Chas.
W. Scranton & Co.; Shields & Co.; Smith, Barney & Co.;

of 2.53%
for F Bonds
yields of Series J and K will

Annual purchase

G.

those of F and

of

return

and K yield a
the former rate

J

of

Intermediated

Bonds.

G

than

K combined is

and

Series

1952.

1,

maturity,

2.50%

and

be

May
to

Freres

Paine,

Co.;

replaced Series F and G Bonds, respectively,

SERIES J AND K—These

Kuhn,
Marks

Kirkpatrick-Pettis Co.;
& Co.; Laurence M.

Co.;

&

Lazard

& Co.;

Co.;

8

held

Co.;

Turben

i

months, with interest paid by check semi-annually.
Redeemable
at par any time after 6 months from issue date, on one month's notice.
Series H has individual limit on annual purchase of $20,000.

and

Co.;

Lehman Brothers; Mason-Hagan, Inc.; McDonald
Merril Lynch, Pierce, Fenner & Beane; Merrill,

Co.;

&

available

H,

Peabody

&

&

beginning June 1, 1952, bearing 3% interest, compounded semi-annually,
when held to maturity.
Issued at par, Series H will mature in 9 years

Details of New

1, for the ex¬

first and

of New York, Inc. 3%%

&

Comprised'

follows:

as

Overall

1952.

1,

a

3%

to

Treasury Secretary Humphrey Jan. 27 made the fol¬
open

bonds

mortgage

Sold

Purpose,

compounded semi-annually when held to maturity.
Higher rate achieved by shortening the maturity of the Series E Bond
2.9%

lowing statement:

"Subscription books will

first

1983.

construction.

Consolidated Edison Co.

6,565,292,600

:___

on.

series, all

SERIES

from

rate

of¬

Treasury Financing in January

Septa l,

refunding, mortgage bonds, series J, due Jan. 1,
1984.
to repay bank loans and for new construction.
Price, 102.-77% and accrued interest.
Offered by Morgan
Stanley & Co.; Robert W.^aird & Co., Inc.; Baker, Watts

2

bonds, due Jan. 1, 1969: these funds are to be

Possessions were
fered in the domestic market in January.

4V2%

Co.

Power

Purpose, to repay bank loans and for
privately to Northwestern Mutual
Life Insurance Co. and Lincoln National Life Insurance Co.
due

&

♦Average

During the month the International Bank for Recon¬
struction and Development placed a $98,000,000 offering

States

Oversubscribed.

Corp.

Arkansas-Missouri

a

100

2 years

for

Life

United

Blair, Rollins & Co.;
Dickson & Co.,

Co.;

*1.208

Jan 28

Savings

by

Co.;

Baxter, Williams &

Doolittle &

new

99.662 + *1.336

Jan 21

purposes.

offerings

Price,

Emanuel, Deetjen & Co.; E. F. Hutton
& Co.;
W. E. Hutton & Co.; Indianapolis Bond &
Share Corp.; Carl M. Loeb, Rhoades & Co.; Mason-Hagan,
Inc.

*1.314

7

and

fo(r the general operations of the bank.

UTILITIES

Purpose,

Byrd Brothers; Curtiss, House & Co.; R. S.

%

1,500,348,000

2,607,917,000

Jan 21

of 3% to 37/8% debentures, in the amount of
$8,000,000. Both of these offerings were for new capital

No

1983.

Inc.; Newhara, Cook & Co.; Sills, Fairman & Harris, Inc.;
F. S. Smithers & Co.; Stern Brothers & Co., and Stetson

Jan 14

sold to Adjusted

used

1,

construction.

new

1954

$

$
Dec 30

to

to

first mortgage bonds
to repay bank loans and for
102.824% and accrued interest.
Offered by
Kuhn, Loeb & Co.; Union Securities Corp.;
Adams &
Peck; American Securities Corp.; Anderson &
Dec.

Securities

of Montreal

of 3V2%

1955

Price,

Amount

Applied for

Due

Notes

pality

1,

PUBLIC

clue

of

bonds

DURING

Amount

Dated

Certificates

$11,266,000, 3V2 % to 4% debentures of the Cit.y
(Canada) and another by the same munici¬

Feb.

Strudwick;

TREASURY

IDate

Offered

Salomon

by

+$20,000,000 Appalachian Electric Power Co. 3Va%

Treasury Bills, Savings Bonds and Depositary Bonds.
UNITED

maturity.

to

Inc.

$47,950,000

Treasury Department in January outside of the
above confined its operations to the usual weekly sale

$4,938,750, adding
the

Co.,

equipment.

(due Dec. 15, 1954) for redemption on June 15,

for January,
Two

according

&

equipment trust certificates, series D,
1969,
inclusive.
Purpose, for new
yield from 1.85% to 2.90%, accord¬
ing to maturity. Offered by Kidder, Peabody & Co.; Bear,
Stearns & Co.; Dick & Merle-Smith; Wood, Struthers &
Co.; and Auchincloss, Parker & Redpath.
due

The

-

equipment

2%%

Co.

Hutzler; Drexel & Co.; Union Securities Corp., and

&

Stroud

1954, will not be exercised."

portion of the month's financing, while refunding opera¬
the small sum of $4,139,700; this added up
to an over-all volume of $397,556,630. Contrasting the

1953 placed at $385,672,408 and refunding at
up to a grand total of $390,611,158.
Canadian issues placed during the month included

Pacific

2.85%,

Bros.

offering

an

will issue calls on Feb. 15 for the re¬
demption on June 15, 1954, of the 2y4%
bonds of
1952-55 and the 2%% bonds of 1954-56.
The option to
the

Co.,

Clark

&

Inc.;
Chas. H.
and Maine

Burr,

MM,
due
annually Jan.
1,
Purpose, for new equipment.
Price,

"The Treasury

call

Bartlett

Inc.;

and

99.68%

& Co.;

Payson

series

tions totaled

foregoing totals with those for January, a year ago, the
above over-all amount is a trifle higher with new capital

Co.,

M.

H.

Co..

$9,660,000 Southern

limitation of $275 billion pre¬
bond for cash at this

later date.

a

&

Inc.;

14,200,000 Virginian Ry. 23,4%

is being given

time, consideration

Rollins & Co.

Gilman

longer term

a

repay bank loans.
Price,
Underwritten by Coffin &

to

interest.

Securities

debt outstanding in

of the public

the statutory

to

cludes the

Purpose,

accrued

coupon

Code.

Revenue

amount

Jan 21

Municipal flotations in January, last, dropped sharply
below December's total of $780,600,515 by amounting
to

carry

first mortgage bonds due July 1.

1,000,000 Portland Terminal Co. 4%

June

on

will

certificates

new

of the Internal

as

0.06%.

or

showed a

year

redemption

for

payable with the principal at maturity, and any pre¬
mium paid on the acquisition of these certificates in the
market may be amortized in accordance with Sec. 125

ing

current

1954-56 which will

bonds of

15, 1954, in the
amounts of $1,500,780,800 and $680,691,850, respectively,
will also be given an opportunity to exchange their
holdings at this time for the new 2V2 % Treasury bonds,
with interest adjustments as of Feb. 15, 1954.
called

be

A breakdown of the

divisions discloses the fact that $374,335,521, or
76.92%, was raised by long-term placements; short-term
financing during the month added up to only $500,000,
or
0.10%, and $111,853,711, or 22.98%, was obtained
through the sale of common and preferred stocks.
Sheet Two Capital Flotations
The total of all stock placements in January of the

2x/4%

the

and

1952-55

of

—

Total

$

567,o5 0 6.21350 36,013 5

Refundt g 96,«50 15,0726

108,4150 10, 0 159,4 0 1,391,65

Capit l 471,0o5Q 54,8756 36,013 5

561,8.35

30. 0 23,49 31

261,504658

3,o 75 85745.0 172,98409

$

1950-

$

New

Total

8

205,6.50 1,05.0 25,63250 26,80 98 2,50,0

2748718
—-1951 Refundi g 12,3 80

Capit l 193.&250 1.05,0 23,165.43 26,80 98

2,50 , 0

246,98 40

Total

$

41,04 73 4,o6,0 72,79,0 30(84,19

Relundl g 6,53,20 3,015,0
s

1,94.368

82356,90,28615

Total

Total

S

486,2802*,87,3 52 6

43,05.40

290,625

Capit l 39,50 123,06. 0 10, 0 2.84.0 12, 450 576 T.6
$

Capitl

$

39103,242,37594496876

New

Total

$

CFOORRPEIGANT,

50 ,0 0

349,15 2 18,934 50 92,18761 25,0 0

Refundi g 20,14521
S

-1954

290,625

2 5,0

50 ,0 0
Capit l 329,10 18,934o0 92,6371 25,0 0

560,7209 6,DI 0 2754,0 38,672408

486, 923 98,0 0 19.26,0 15,30 397,56 30

1,0567

1,682

15,30 4,139,70 139,8 21

20,439521

s

New

SOUM AFRY

46,2971 98,0 0 19,26 0 39,416930 976,3241

botaiyned

CIOUSTRNPHIEAED

GONREUPFWI

Capit l 02,0 14,2783 162,50 8,2580
$

17

Total

$

195,6820

1,0576

2,56 0

2,0 ,0

30 ,0 0

1,987, 18 2,487, 18

7,438,0

2376,50 261,5048

1,987^ 18 14,805 18

5,380, 0

15,80432 49,6 340 4,15.0 13.8015 10,29 850 2.~84"0 30,946 08 576 7,0 21,75432

246,980

8,16 ,20

24,3 27 19,325.0 48,63092 7,09 ,850

4,56.0

U,34~207 56110,8,84.35

17,68250 52,4 158 4,15 0 14,28.150 10,29 850 2. 8L0 36,2 908 576 7",0

***

4.56 ,0

69,035

28

1,0 ,0 1,05 ,0 5.065. 0 10,748150 29 ,850 18,672408

107,63419 17,02.0 172,4 610 18,250 140,63942 7,09,850 1,05.0 3,16 20 53,27 152
3,015,0

1,20 , 0

4,75 ,60

3,592,60 9,548,20

24.3 27 19,3250 45.628092 7,09 ,850

43,51

8,16 ,20

104,6819 17,02 0 17,2 610 81,250 135.8 ,92 7.09.850 1,05,0 29,568 0 543,7295

16,974.51 1,450, 0 5,962,063 1,620,760

43,05

2,14 , 52

4,162,0 7 90,5 3 5 39,4650 436,905243 16,08750 578,930 28,5 .135 625,0

3,015,0

21,*407

39,780 105, 0 127,05 0 15,7890 3,426,50 25,0 0 36,975^0

Refundi g 14,0 0
S

-1953

50.0 0

3,592,60 6,53 ,20

Refundi g 1720.6 1,740,60

New

5,095,0

17,02.0 145,783 162,50 89, 640 I7O50~6O 2576 6 41,0473 2,5676 2,6 76

s

-1953

16,41 52 187o ,o 1307 ,0 4,9.18,750 169,302

426,8394 46728, 0 87,3526

$

20 ,0 0

12.38,0

2,645.0

1.72650 5.0 0 49,6.50 1,287.0

1,0 ,0 1,05 ,0 5,065, 0 10,948150 29 .850 18,972408

208,5

Refundi g 7,2367 6 5,08,0

Total

50,0 0

471,085

39,50. 130. 0 10, 0 278476 17,304.50 376 760 5,095,0

$

—1951

1,84953

Refundi g 16,41 52
$

-1953

576,914 61 8475 ,0 132785,0 390,61 58

S

New

YEAR5 iSetDcohuCrPmansfvudicpl,es
38.95,430 348.67,310 1,20 0

543,7295

New

85,135
75.498,243 1,087,50 9,67.430

New

SSftFtGamrfeouaBRhonivedDegiclcranopdsvlstmelyuskpmd.nt. FTMOJAHAFNYERUIEVRS
FLGFAMIOTNMUVAEORJHFCANMNPRDOIEUGLVT,REY
Capitl 43,51 3 4,560 69,240 35,8419
$

7,180. 0

625,0 0
102, 6.835 94.650 ^86,374. 3 16,08750 29.865930 28,5 .135 13,98702

4,162,0 7

m——mrn

1,72650

Capit l 39.4o5,0 361,407 15,0 0 18.91,50 28,50. 0 625,00

10.8,430 569,75.214 1,20.0
71,450 21.0,94

2,645.0 96, 750

$

57o 75 45.72o5 153,24 09

53,27 152

New

85.135
87,2473 1.087,50 9,6 7.430

94,65.0 39.150, 15,0 0 20,19850 28.50, 0 625.0 0 9,825,0 567, 350

$

4,735.0 19,340 78,93481

9,548,20

$

—

—

Refundi g 5,0 .0 37,430 1.287,0

-1950

52.87,06

14,805 18

$

—1952

Total

69, 035 10, 0 189,45.0 234,81046

S

4.130.4 1 3,7 0,980

13,908761 39,780 21,98.517 1,450, 0 13,012.63 107,3960 3.426.50 25,0 0 4,130.41 40,75980 576,914 61

t

■

16,41 52

14,0 0

—

Capit l 25,780 105, 0 124,90854 105,7890 3,426,50 25,0 0 36,9750

2,14 , 52

16,41 52

$

16.974,51 1,450, 0 5,962,063 1,620,760 J— .4,130 3,70,980
;

New

-

13,908761 25,780 21,98517 1,450, 0 130.87 61 07,3960 3,426,50 25,0 0 47130,41 40,75980

.

47,950 209. ,03 5,30,0 29,085 21 5,60 0 850, 0 26,350

426,839

50 ,0

Capitl 47,950. 20, .0 5,30,0 15,8710 5,60 0 850.0 26,350 354,120

50 ,0

Total

$

83.794,035 29 ,50 5,862,510 14,8 61 232,715 30 ,0 0 6,54 , 35 1 ,85371 47,950, 0 29. 49355, 9 ,50 34,98031 70,9186 1,082,715 30 ,0 0 32,89543

374,521

76 76 13,24521
-1954 Refundi g

2 5,0 0

20,14521

$

CHAARNCTDER

50 ,0 0

2 5,0 0

s

560,729

486,923

7.0 ,0

_

20,439521

75,0 0
75,0 0
83.794 35 29 ,50 5.862,510 14,8 .61 232,715 6,54^,35 1 ,62371 47,950. 285,94 35 5, 9 ,50 21.73,510 70,9186 1.082.715 32,89543 46,2971

50 ,0 0

New

notes - note-s — ■- notes — - . agenci_s&t-., Ifnucldse JANURY BNootanesd-s utiles cceooptal,,manufctres oieindmauasnnutfrcdtlrig bueildtncg.s, thtrroauelddstiincngg.,,, SBNhooortatn-eTdse-sm utiles cceoopta—l,r,manuf acesoriindmauasnnutrfcdtlrig bueildtncgs, —_ tthrroaueldsditnicngg,.,, — .,—utiles cecooptalr,,manuf acesoriindmauansnutfrdc-tlrig bueildtnc—g.s, thtrroauelddsitnicngg,.,, -—— utiles—-eccootpa—.l,r,manufctes oriesindmauasnnutrfdctlrig bueildtcn,g_-s httrroauelddstiincngg.,,, csoerpcuraltt—e#
JANURY

boanndds stock stock boanndds - stock stock boanndds stock stock corpate ^BIntearanionkl CGaovnerndmiant.!forgeoviegrnnmtLGoaoanvnd,•Municpal—Stes,SPotsaeeisn toal fdignurooest
MONFTH
•

,

Long-term Short-em Pref red Com on Long-term Short-em Pref red Com on Long-term Short-em Pref red Com on
Corp ate— Domestic- Candian- Oforethigner-




•These

Total

Grand

S

Other Farm

United

MOFTNO H

Long-Term Railroads Public Irsoten,l, Equipment Maotnords Other

Oil

Land, Rub er

Miscelanous

Ship ing Investmn Total Railroads Public Irsoten,l, Equipment Maotnodrs Other
-

i

-*

Land, Rub er

Ship ingInvestm n

Miscelanous

Total

Stocks—

Railroads Public Irson,te l,Equipment Moatonrds Other

Oil

Land,

i,Ship ingInvestmn Miscelanous

Total

Total-

Railroads Public Irsoten,l,Equipment Maotnords Other - Land, Ruib er Ship ingInvestmn Miscelanous
Oil

Total

Volume 179

Number 5329... The Commercial and Fi

ial Chronicle

(Continued from page 3)

*1,717,521 Dr. Pepper Co. 4%

refunding.
Deetjen

&

Co.;

Equitable

Securities

Corp.; Estabrook &
Co.; Fahey, Clark & Co.; Farwell, Chapman & Co.; First
of Michigan Corp.; First Securities Co. of
Chicago; First
Southwest
Co.; Foster & Marshall; Fulton, Reid Ac Co.;
Goldman,

Sachs

Marache

Co.,

&

Inc.;

Co.;

Hentz

&

Son;

&

W.

Bond

H.

Ac

Hutton

Peabody

&

Ac

Co.;

Illinois

The

Co.;

Corp.;

Johnston, Lemon
Kirkpatrick-Pettis Co.;

Co.;

Co.;

Loeb

&

due

At

4.10%

promissory

1, 1974, inclusive.

for

expansion

Motor

Jan.

Bearing Co., Inc. 4V2% promissory notes,
Purpose, to repay bank loans, and for
re-tooling. Placed privately with Pru¬

*2,000,000 Warner

through Blyth At Co., Inc.

1,

McMaster Hutchinson

&

1969.

Swascy

4'/4%

Co.

Purpose,

Insurance

Co.

of

promissory

retire

to

purposes.

bank

Placed

to

make

investment

working capital.

3%%

tures,

notes,

loans

and

privately

Stix

At

Co.;

Blosser

due

Dec.

general
Prudential

in

&

and

Co.;
&

Wood.

Co.;

E.

Wood

Struthers

Ac

White,
&

Co.,

Weld

Co.;

and

&

Co,;

Dean

F.

S.

Yantis

1984.

Purpose,

accrued

3%%

for

interest.

first

mortgage

construction.

new

bonds
Price,

Jan.

Steele

&

Palmer

Rothschild

The

&

Robinson-Humphrey

Co.;

Savard & Hart;

Schoellkopf,

Hutton

At

R.

Co.,

Co.;

Noel

Scasongood

&

Co.;

&

Weeden

&

and

F.

Yantis

1979.

to

Mutual

of

Mutual

Philadelphia;

Connecticut

General

tional

Life

Life

Life;

Insurance

first mortgage

bank

repay

Hancock

loans.

Life;

Aetna

General

Life;

Crouter
Co.;

&

and

for

S.

construction.

Offered

Price,

102%%

At

Co.;

Freeman

Son,

At

Inc.;

of

Co.;

J.

Leonard

B.

A.

Hanauer

Foster

Frisbie

Co.;

Meeds;

C.

Collings

=

Co.;

&

Dominick;

Eastman,

&

Co.,

Co.,

Drexel

Dillon

Securities

At

DeHaven

Dickson
&

&

Co.;

of

&

Co.;

&

&

Hallowell,

Elkins,

Sulzberger

&

&

W.

C.

Langley

Co.;

&

Lee

Beane;

Co.;

The

Higginson

Milwaukee

Co.;

Moore,

&

Co.;

C.

R.

Shaughnessy
Stokes

&

Alstyne,
F.

S.

Schmertz
&

Co.;

Noel

Yantis

At

Co.,

Co.,, Inc.;

Talmage

At

Inc.;

Stern,
At

Frank, Meyer At
Thomas
&
Co.;

&

Reynolds

&

&

Co.;

Co.;

&

Inc.;

Co.,

Co.; Schimdt,

Scranton

Co.;

&

due

Co.;
L.

Riter

&

of

The

Co.;

Rodman

& Linn;
L. F.
Roberts & Parke; Chas.

Poole,

privately

with

Bankers

Trust

Co.

and

four

Sheridan

G.

H.

Walker

Whittaker

&

&

Bogan

&

Co.;

Co.

Paul

&

Co.,

&

Co.;

Weld

White,
Dulles

Wurts,

through

Burnham

BUILDINGS,

Catholic

Olaf's

notes

Church

dated

Purpose,

for. new

interest.

Offered

&

&

1973.

Purpose,

ropolitan

for

Life

due

Placed

Placed

America

and

Jan.

of

1,

Co.

Minn.

Minneapolis,

1954

construction.

and

Life

Insurance

notes.

Iron

Co.

Finance

and

Co.

interest.

300,000 Petroleum
Dec.

31,

tion
&

by

issue

Finance

100.000

privately

with

*600,000 Campbell

for

New

(Harry

Works

general

England

T.)

Co.

5%

corporate

Mutual

sinking

Life

fund

Placed

Insurance

Co.

Sons'

Corp. promissory notes |due
1963.
Purpose, for expansion and working capital. Placed
privately with The Mutual Life Insurance Co. of New York.

to

notes

due

Chemical

1955-1968.

privately with
table

Life

*1,500,000 CottreH
Jan.

Jan. l,
Sold

*

149,000

B.)

1954

1989.

to

Purpose, for
insurance

Assurance

<C.

13,

four

and

due

Co.
in

*2,750,000 Suburban
due

tures

and

warrant

a

bank

Life

States.

and

"i

W.)

company.

■**

Co_

Propane
Jan.

1,

Price, $200 per unit.

stockholders

for

Price,

100%=

and

convertible

debentures

Co.:

10-year
shares' of

new

The

Underwritten

by

System

of

.

convertible
common

debentures

and

stock

four

machinery

Offered by company

and

subordinated sinking fund
(with warrants to purchase
in units of $1,000 of

^

Townsend,

(City
to

computed

Dabney

inclusive

1956-1972,

at

of

no

offering

their

Ac

Tyson.

-

.

v

(see

Sept. 4* 1958.

^

preceding entry).

prices.)
UTILITIES

4%%
sinking fund deben¬
for further acquisitions.
Dillon

Insurance

Co.;

Ac

New

Co.,

Corp.;

,

Weeks;

Life

Insurance

Co.

Co.;

A.

C.

Allyn

Co.,

Sz

a|nd

company

Suburban Bell Telephone £o. 312,812 shares
stock tpar $501.
Purpose, 4or new construc¬

repay

bank

loans.

Price,

at par.
Offered by^
without under¬

for subscription by stockholders,

writing.

of
*24,973,967

679.436 shares of common stock
for
construction
program.
Price,
stockholders and $39.50 to public.
Offered
by company for subscription by common stock¬
holders
and
employees.
Unsubscribed
shares
(1.707)
underwritten by Harriman. Ripley &■ Co., Inc.; TV First
Boston Corp.;
Blair, Rollins'* A: Co., Inc.; Lee Higginson
Consumers
(no

par).

$36.75

per

Power

Co.

Purpose,

share

to

(Continued
serial notes due
Placed privately

Bacon,

&

capital

tion

Refining Co.

promissory
expansion.

Inc.;

Co.

subscribed.

of

Inc.; The Mutual Benefit

Guardian

&

Co.; Robert W. Baird & Co., Inc.; Central
(Inc.); Fulton, Reid As Co.; Hornblower As
The Illinois Co; and Dean Witter As Co.
Over&

15,640,600 Cincinnati

Life

new

Allen

Republic

with

York

for

dividends.

Whipple

'

Electric

cumulative

4.80%=

Purpose,

&

Eastman,

5%
Purpose, for

through Burnham Ac Co.

'Oversubscribed.

&
Gas Co.
15,000 shares of
preferred stock, series D (par $100).
construction. Price, at par and accrued
Underwritten by Stone A: Webster Securities

Illinois

$1,500,000 Central

Including Five Years)

Inc.

Son,

Charles
Ac

stated par value are taken at par, while pre¬
par value and all classes of common stock are

a

of

PUBLIC

purchase 100 shares.
Pur¬
and for working capital, etc.

the Atlantic

Canada,

Ac

of),
3%%

on

page

6)

OIL

of

Weeks;
Masten

to

equipment.
*$500,000 Progas

Gregory

Co.;

Singer, Deane Ac Scribner; F. S. Smithers
Inc.; Swiss American Corp.; Thomas

Co.;

3%;

stocks

shares

for subscription

Ac

and

stock)

Short-Term Bonds and Notes (Issues Maturing Up to
and

Ac

STOCKS

$26,350,000

tno

Richards

$19,266,000

-i

deben¬

due

Co.;

Garrett

delity
ment

Currency
4%)

due

■

.

6%

without' underwriting.




loans.

Louis C. McClure & Co.

Co.; Investors Mutual,

Insurance

to

Canada 1954 United States Currency
debentures, due Oct. 1,
1954-1964,
inclusive.
Purpose, for public works.
Price,
100.2492%
and accrued interest.
Offered by same banker's who offered $11,266,000 United States currency issue debentures

issue

convertible subordinated
1964. Purpose, for work¬

Purpose,

Life

States

3'/a%

Co.;

investors.

6%

Corp.

through

Mutual

of

Ac Co.;
Hornblower Ac
Mackall Ac
Coe;
A.
E.

institutional

other

Boenning

Gas

United

1954

interest

Co.;
Wm. J. Mericka Ac Co., Inc.; Merrill,
Mills,
Spence
Ac
Co.
Inc.;
New York
Corp.; Piper. Jaffray Ac Hopwood;
Shearson,
Ac

Ac

Hammill

plus accrued

1969.

Field,

Co.;

Hentz
Co.;

Co.

loans

Inc.;

-

Purpose,

notes, series A.

America; Connecticut General Life Insurance Co.; The Fi¬
Mutual Life Insurance Co.; and Bmployees' Retire¬

,

including

1 *

Inc.

Co.,

privately,

Insurance

Equi¬

promissory note dated
to

&

Massachusetts

Placed

including

the United

instalments

tures, ^ue 1964 and 5,%0
irf units of $100 gj

by

promissory

Purpose, for acquisition and working capital.

an.jnsuranc{j

stock.

3.70%

construction.

new

4%%

pari
of

Inc.

companies,

Society of

Sons

&

•

Cramer

Industries,

Ac

Ac

McDonald

5V2%
B

Canada

Co.; Stroud Ac Co.,

1966

l,

i

Government

(bearing

Ac

6%

class

of

of),

H.

Turben

Offered by company for subscrip¬

Inc.

Jan.

reduce

Stroud

Placed

*3,000,000 Consolidated

of

interest. Underwritten
Co.; Blair, Rollins &
Co. Inc.; Hallowell, Sulzberger & Co.; Battles
Co., Inc.;
Suplee, Yeatman & Co., Inc.; Thomas Ac Co.; Rambo, Close
&
Kerner, Inc.;
Booker Brothers,' Inc.;
Bioren
&
Co.;
Thayer, Baker Ac Co.; Paul Ac Lynch; J. S. Hope Ac Co.,
and S. K. Cunningham Ac Co., Inc.
by

purposes.

(City

debentures

Ac

stockholders.

Co.,

due

shares

G. II. Walker Ac Co.; Weeden

.

King

(Preferred

debentures

Ac

Ac Co.; White, Weld Ac Co.; J J G.
Inc.; Dean Witter Ac Co., and Wood, Struthers

Inc.;

Co.

1,000,000 Bitter

Ac

Co.;

1,
1956-1972,
inclusive).
Purpose,
for
local
im¬
provements.
Pride, 100.2492% and accrued interest. Of¬
fered
by
Shields
Ac
Co.;
Halsey,
Stuart
Ac
Co.. Inc.;
Savard Ac Hart; Bell, Gouinlock Ac Co., Ltd.; Burns Bros.
&
Denton,
Inc.;
Coffin Ac
Burr,
Inc.;
Courts Ac Co.;

Purpose, for working capital and expansion

preferred

Ac

Fenn

Cook

Trust

Co.;
Paine,
Webber,
Co.; The Philadelphia

.

New York

Offered by

Inc.

Newhard,

The Northern

E. Pollock Ac

Ac

Life Insurance Co.,

18

Price, at par.

Lau¬

Get.

Ferris

Co.

Bank;

Corp.;

Phelps,

Wm.

Putnam

Placed

10-year

Service,

1963.

program.

MANUFACTURING

Machine

&

Purpose,

/

AND

Lemon

Wertheim

Inc.;

*8,000,000 Montreal
300,000 Mutual

Price, $1,000 per unit,

*$625,000 American

Co.,

1$11,266,000 Mcntreal

4 \k%

Purpose, to increase investments.

privately with Metropolitan

pose,

INDUSTRIAL

Ac Co.;

Kenower,

A: Co.,
Hutzler;

Ac

Hanseatic

.$5,300,000

Inc.;

Co.,

Northwest

Wachovia Bank Ac Trust Co.;

Inc.

privately with Prudential Insurance
Metropolitan Life Insurance Co.

due Jan. 15, 1974.

privately with Met¬

E. F. Hutton
Co.; Johnston,

A:

Roll

B.

&

li 1964.
and accrued

100%=

Price.

by Keenan & Clarey,

State

Pacific

Curtis;

Co.;

White Ac Co.,
& Co.

Jan.

due

*15,000,000 Greyhound Corp. 420-year promissory

Co.

(Ore.);

Inc.; L. F. Rothschild Ac Co.; Salomon
Schoellkopf, Hutton Ac Pomeroy, Inc.*
Co.;
Scott
Ac
Stringfellow;
Chas.
W.
Scranton Ac Co.; Shearson, Hammill Ac Co,; Shields Ac Co.;
Singer, Deane Ac Scribner; Smith, Barney Ac Co.; Smith,
Moore Ac Co.;
William R. Staats Ac Co.; Stein Bros. Ac
Boyce; Stern Brothers Ac Co.; Sterne, Agee Ac Leach; Stet- /
son
Securities Corp.; Stone
Ac Webster Securities Corp.;
J. S.
Strauss Ac Co.; Stroud Ac Co.,
Inc.; Sutro Ac Co.;
Swiss American Corp.; Third National Bank in Nashville;
Thomas Ac Co.; Spencer Trask Ac Co.; Trust
Company of
Georgia; Tucker, Anthony Ac Co.; Union Securities Corp.;

Van

debentures

OTHER

Ac

Schwabacher

Broadcasting System, Inc. 4\\% promissory notes
15, 1973.
Purpose, for general corporate pur¬

Jan.

poses.

first mortgage bonds due Dec. 1,

expansion.

Insurance

Weeks;

Illinois

Kalman

National

J.

and

MISCELLANEOUS
*$7,000,000 Columbia

speculation."

Ac

The

Co.;

Hanseatic

Co.;

Bank;

ferred stocks

*5,000,000 Pittsburgh Steel Co. 4%%

York;

Ac

due

a

of

City

The Marine Trust Co. of Western N. Y.;

Ohio

Bros.

Co.;

Co.

&

I

ETC.

debentures, series A, due Jan. 1,
capital and to repay bank

by James T. De Witt At Co., Inc. "as

the

B.

Co., Inc.; R. W. Press¬
Co.; Chas. E. Quincey A* Co.;
Reinholdt Ac Gardner; Reynolds Ac Co.; Julius A. Rippel,
Inc.; Riter Ac Co.;
The Robinson-Humphrey
Co.,
inc.;

$850,000

accrued

Offered

of

Portland

of

Nolan-W.

Ac

prich

Hospital

ing

I

Co.;

Ac

Canadian

coupon

COPPER, ETC.

Ac

New York

Co.

350,000 St.

$300,000 Cuban American Minerals Corp. 6,000 certificates of par¬
ticipation.
Purpose, for purchase of mineral rights and
for general corporate purposes.
Price, $50 per certificate.

Hornblower

National

Association, Minneapolis, Minn,
first
mortgage V/zrk, 3%%, 4%
and 4'/4%
bonds, series A.
dated Dec. 1, 1953 and due Dec. 1, 1954 to 1968, inclusive.
Purpose, for« new construction.
Price, to yield 3.50% to
4.15%, according to maturity. Offered by B. C. Ziegler

companies.

Folger,

Bank

Bank

Carl M. Loeb, Rhoades Ac Co.; D. A. Lomasney
McCormick Ac Co.; McDonald Ac Co.; Manufacturers

Jackson

Inc.;

Oversubscribed.

privately

LAND,

$209,200,000
IRON, STEEL, COAL,

Co.;

Co.;

The

1,

Placed

$500,000 Fairvietv

insurance

First National Bank

Chicago;
National

National

Co.;

Kaiser

New

Co.;

Canada, Inc. 5Vz% subordinated income notes,
1963
(with .warrants).
Purpose, lor expan-

Nov.

sion.

*7,000,000 Washington Gas Light Co. 3%% 25-year refunding mort¬
gage bonds due Dec. 1, 1978.
Purpose, refunding. Placed

of

First

First

M. Marks Ac Co.;
Mason-Hagan Inc.; Mead, Miller
Co.; Mercantile Trust Co.; Merrill Lynch, Pierce, Fenner
&
Beane;
Merrill, Turben Ac Co.; The Milwaukee Co.;
Model, Roland Ac Stone; J. P. Morgan Ac Co., Inc.; W. H.
Morton Ac Co., Inc.; F. S. Moseley Ac Co.; R. H. Moulton
&
Co.; Mullaney, Wells Ac Co.; The National City Bank

$55,600,000

and

Bank

The

&

&

Yarnall,1 Biddle

Co.,

Ac

duPont

I.

Brothers;

Company;

Deane

*600,000 Progas of

Fox;

Co.';' Arthur L. Wright & Co., Inc.,
inc. Oversubscribed.

At

Co.;

,& Co.;

Paine, Webber, Jackson & Curtis; Parrish &
Jaffray & Hopwood;
Prescott,
Shepard
&
W. Pressprich & Co.; Putnam & Co.; Rein¬

Gardner;

Robert

F.

Francis

Co.; A. M. Kidder Ac Co.; Kidder, Peabody
Ac
Co.; Ladenburg, Thalmann Ac Co.; Laird, Bissell Ac
Meeds; W. C. Langley Ac Co.; Aubrey G. Lanston Ac Co.
Inc.; Lazard Freres Ac Co.; Lee Higginson Corp.; Lehman

Sills,
Fairman
&
Harris,
Inc.;
Scribner; F. S. Smithers & Co.; Stone
&
Webster Secux-ities
Corp.; Stroud & Company,
Inc.;
Suplee,
Yeatman
&
Co.,
Inc.;
Thayer,
Baker
&
Co.;
Spencer Trask & Co.; Union Securities Corp.; Van Alstyne,

Rothschild
Schwabacher At Co.;
L.

National

MacArthur

R.

&

Noel

Co.; Heller, Brude At Co.;
Kirkland At Grubbs; Johnson, Lane, Space At Co.,
Kaiser At Co.; The Milwaukee Co.; Mullaney, Wells
& Co.; Patterson, Copeland & Kendall, Inc.; Wm. E. Pol¬
lock & Co., Inc.; Reinholdt At Gardner; Julius A.
Rippel.

Robinson-Humphrey Co., Inc.;

E.

Ac

Piper,
Inc.;

Shields

&

Co.;

Ac

rence

Singer,

At

Drexel

Trust Co. of New York;
Hallgarten
Ac
Co.;
Harriman
Ripley Ac Co., Inc.; Harris Trust and Savings Bank; Hay¬
den, Miller Ac Co.; Hayden, Stone Ac Co.; Heller, Bruce
& Co.; Hemphill, Noyes Ac Co.; J. J. B. Hilliard Ac Son;

Co.;

Jenks,

Inc.; The

Co.;

Southwest

Trust

W.

Inc.;

,

Development

and

due

and

Hibbs Ac Co.,
Inc.; Fulton, Reid Ac Co.; Glore, Forgan Ac Co.; Goldman,
Sachs Ac Co.; Goodbody Ac Co.; Goodwyn Ac Olds; Gran¬
bery, Marache Ac Co.; Gregory Ac Son. Inc.; Guaranty

&

Co.;

First

First

Co.;

Corp.;; Estabrook

Ac

Minneapolis;
York; The

Leonard

ac¬

Gregory

1954

Securities Corp.; Estabrook Ac Co.; Fahey,
Co.; Ferris Ac Company; First of Michigan Corp.;

Ac

New

Inc.;

Brothers; Mason-Hagan, Inc.; A. E. MasMcCormick & Co.; McDonald & Co.; McDonnell
McJunkin, Patton & Co.; Merrill Lynch, Pierce,

Rothschild

Marshall;

At

Co.;

Evans

Robinson-Humphrey

Fund;

and

&

holdt

by

Michigan Corp.;

&

&

Equitable
A.

C.

S.

R.

Lehman

Co.;

Co.;

First

Co.;

Co.;
Courts

Johnston, Lane, Space & Co., Inc.; Kay, Richard
Co.; Kidder, Peabody & Co.; Kuhn, Loeb & Co.; Laird,

Co.,

Halsey, Stuart At Co. Inc.;
Aspden, Robinson At Co.; Auchincloss, Parker At Redpath; Ball, Burgc Ac Kraus;
Bear.
Stearns & Co.;
Branch, Cabell & Co.; Stockton Broome
& Co.; Burnham At Co.; Byrd Brothers; Clayton Securities
Corp.; C. C. Collings & Co., Inc.; Cooley At Co.; Courts At
Co.; R. L. Day & Co.; Dick At Merle-Smith; Charles H.
Drew & Co.; Dreyfus At Co.; Equitable Securities Corp.;
Este

Dominick

duPont

&

Co.;

Bodine;

Co.;

west

F.

.

new

interest.

1,

Equitable

& Lynch;
Morgan Stanley & Co.; F. S. Moseley & Co.;
Mullaney, Wells & Co.; W. H. Newbold's Son & Co.;
Newburger & Co.; Newhard, Cook & Co.; Paciiic North¬

Co.

Allison-Williams

Clark
At

&

Hallgarten

Fenner

Service Co. of Indiana, Inc. 3%%
first mortgage
bonds, series K, due Jan. 1, 1984. Purpose,* to repay bank

crued

I.
&

Clement

Olds;

&

125,000,000 Public
loans

Co.;

M.

ten & Co.;

Fidelity Mutual; Lincoln Na¬
Co., of Virginia; and Home

Insurance

&

Bissell

Provident

Pension

Doolittle

Sons;
H.

The

Corp.;

privately

Life;

Electric

&

Sherrerd;

Clark

&

bonds due

Placed

Brown

At

Ac

*

Purpose,
John

Reconstruction

Jan.

W. Craigie Ac Co.; Crowelk Weedon Ac Co.; DempseyAc
Co.; Dick Ac Merle-Smith; R. S. Dickson Ac
Co., Inc.; Dillon, Read Ac Co. Inc.; Dominick Ac, Dominick;

Hutton

Oversubscribed.

with

y

v;

Tegeler

Hirsch

L.

Macdonald

F.

Ac

W.

Co., Inc.

&

Alex.

Co.;

Butcher

Blyth

Ripley
& Co.,
Inc.;
Hayden, Miller &
Co.:
Noyes & Co.; H. Hentz & Co.; Henry Herrman
Co.; Hornblower & Weeks; Hulme, Applegate & Humph¬
rey,
Inc.; W. E. Hutton & Co.; The Illinois Co.; Janney

C. Schmertz At Co.,

S.

At

Marshall;

Simmons;

&

Pomeroy,

Co.,

Bradford

At

Harriman

Mayer;

*10,000,000 Oklahoma Natural Gas Co. 3.7%

At

Ellis

Hemphill,

Inc.; Schwabacher
Shearson, Hammill & Co.;
Shields & Co.; Stern Brothers At
Co.; Stern, Frank, Meyer
& Fox; Stifel, Nicolaus &
Co., Inc.; Walter Stokes At Co.;
Sweney Cartwright At Co.; Thomas At Co.; Val Alstyne,
&

C.

Blunt

1,

Roger

Inc.;

J.

Co.;

Co., Inc.; Farwell, Chapman
& Co.; The First Boston
Corp.; First of Michigan Corp.;
Glore, Forgan & Co.; Goldman, Sachs & Co.; Goodwyn

Peters, Writer At Christensen, Inc.;
B. W.
Co., Inc.; Win. E. Pollock At Co., Inc.; Reinholdt

Gardner;

Inc.;

Curtis;

At

At

Lisle

Morris

Co.;

Pizzini &
&

Jackson

Webber,

American
Securities
Corp.; Arnhold
Inc.; Bacon, Whipple & Co.; Robert
Inc.; Baker, Weeks At Co.; A. B. Becker
Bioren & Co.;
Blair,
Rollins
& Co.
Inc.;

Blair

Francis

Offered

Paine,

Inc.;

Co.,

Inc.;

Inc.;

Co.;

&

Co.;

&

Dixon

Co.; Foster At Marshall; Freeman & Co.;
Gregory & Son, Inc.; Hallgarten & Co.; Ira Haupt At Co.;
Heller, Bruce At Co.; John B. Joyce & Co.; Kaiser At Co.;
Ladenburg. Thalmann At Co.; Mackall At Coe; Mullaney,
Wells

for

dated

and

101.93%

•-

Blyth Ac Co., Inc.; Bosworth, Sullivan Ac Co., Inc.; Braun,
Bosworth Ac Co. Inc.; Briggs, Schaedle Ac Co., Inc.; Stock¬
ton Broome Ac Co.; Alex. Brown Ac
Sons; Central Republic
Co. (Inc.); The Chase National Bank of the City of New
York; Chemical Bank Ac Trust Co.; C. F. Childs Ac Co.,
Inc.; City National Bank Ac Trust Co.; Clark, Dodge &
Co.; Julien Collins Ac Co.; Cooley Ac Co.; Courts Ac Co.;

|

3lA%' 25-year sinking fund deben¬
Purpose, to repay bank loans

1979,

Dodge At Co.; E. W.
Inc.; Julien Collins

by Halsey, Stuart & Co., Inc.;
Adams Ac Peck; Allison-Williams
Co.; A. C. Allyn Ac Co.,
Inc.; Anderson & Strudwick; Aspden, Robinson At Co.;
Bear, Stearns & Co.; A. G. Becker & Co., Inc.; Stockton
Broome
At
Co.; Burnham At Co.; City Securities Corp.;
Clayton Securities Corp.; Cooley At Co.; Courts & Co.;
Dick Ac Merle-Smith; Charles H. Drew &
Co.; Este At Co.;
Fauset,

for

and

Bleichroeder,

Townsend,

Inc.

due

S.

Co.

&
Co.

Bank

bonds

Byllesby At Co. (Inc.); Central Republic Co. (Inc.); Clark,

Oversubscribed.

130,000,000 Ohio Edison

At

Baird

Co.,

Co.;

Co.,

Ac

At

15,
expansion

Brown,
(

Witter

Woodard-Elwood

Purpose,

Corp.

program.
Price,
101%
and
accrued
Underwritten by
Smith, Barney At Co.; A. C.

At

Barney Ac Co.; Smith, Moore & Co.;
Co.; Starkweather Ac Co.; Stein Bros.
Ac Co.; Sterne,
Agee & Leach;
& Webster Securities Corp.; Straus,

At

Harold

due '•Jan.

William

McDowell;

Wertheim

Metals

Co.,

W.

American

Co.;

Refining Co.

for

and

i

Brothers

Stone

first mortgage loan.

Whitaker

interest.

Stroud At Co., Inc.; Sutro At Co.;
Corp.; Spencer Trask At Co.; Tucker,
Anthony Ac Co.; Underwood, Neuhaus Ac Co.; Union Securi¬
ties Corp.;
G.
H. Walker
Ac
Co.; Watling, Lerchen At
Swiss

*

consolidated de¬
1954. Pur¬

1.90%

and

Jan. 1, 1969.
Price, 100%
and
First Boston
Corp.; Morgan Stanley Ac Co.; A. C. Allyn and Co., Inc.,*
American Securities Corp.; American Trust Co.;
Arnhold
and S. Bleichroeder, Inc.; Auchincloss, Parker Ac Redpath;
Bache Ac Co.; Bacon, Whipple
Ac Co.; Robert W. Baird
Ac Co., Inc.;
Baker, Weeks Ac Co.; Ball, Bulge Ac Kraus;
Bank
of
America
N.T.AcS.A.;
Bankers Trust Co.; BanBrothers Ac Co.; J. Barth Ac Co.; Bartow Leeds Ac Co.;
Baxter, Williams Ac Co.; Bear, Stearns Ac Co.; A. G. Becker
Ac Co. Inc.; William Blair Ac
Co.; Blair, Rollins Ac Co. Inc.;

for

with

Allyn

Chas. W.
Scranton
&
Co.;
Shearson,
Hammill
&
Co.;
Shields & Co.; Sills, Fairman & Harris,
Inc.; Singer, Deane

Smith,

1, 1954
Price, at

for general operations of the Bank.
accrued interest.
Underwritten by The

Placed privately.

OIL

$55,000,000 Atlantic

and Lukens; Rodman At
Linn; Rogers & Tracy.
Inc.; L. F. Rothschild At Co.; Salomon Bros. At Hutzler:
Schoellkopf, Hutton At Pomeroy,
Inc.;
Schwabacher
At
Co.; Scott, Horner Ac Mason, Inc.; Scott Ac Stringfellow;

Stern

agent.

fiscal

Newcomb,

Credit Banks

Feb.

X."-;

$98,000,000 International

$29,085,521

Robinson

R. Staats At

dated

World Bank

America.

*194,000 Whitaker Cable Corp. 4%%

Kendall.
Inc.;
Piper, Jaffray
&
Hopwood;
Prescott,
Shepard & Co., Inc.; R. W. Pressprich At Co.; Putnam &
Co.;
Raffensperger, Hughes At | Co., Inc.; Reinholdt At
Gardner; Riter At Co.; The Robinson-Humphrey Co., Inc.;

Scribner;

by Macdonald G.

$115,310,000|

Purpose, refunding

corporate

Merrill

Boyce;

trust de¬

collateral

Purpose,

Leonard

William

2V8%

1, 1954 and due Feb. 1, 1955.
Pur¬
Price, 100%>
and accrued interest.
Of¬

due Nov. 1,
pose,
refunding.
par.
Offered by
G. Newcomb, New York fiscal agent.

V,:

sinking fund notes,
($6,497,000) and for
($2,503,000).
Placed privately

1, 1969.

&

&

Cooperatives

Feb.

fered

Purpose,

corporate purposes
three institutional investors.

with

Lynch, Pierce, Fenner At Beane; Merrill,
Co., The Milwaukee Co.; Mitchum, Tully At Co.;
& Lynch;
Morgan Stanley & Co.; F. S.
Moseley & Co.; Mullaney, Wells At Co.; w. H. Newbold's
Son At Co.; Newhard, Cook & Co.; David A.
Noyes At Co.;
Alfred O'Gara & Co.; The Ohio Co.; Pacific Northwest
Co.; Paine, Webber, Jackson At Curtis; Patterson, Copeland

&

for

dated

refunding.

($2,800,000).

Turben &

Moore,

Bank

pose,

75,310,000 Federal Intermediate

general

"

Co.;

Co.

*9,000,000 Robertshaw-Fulton Controls Co. 4.10%

Laird, .Bissell Ac Meeds; W. C. Langley Ac Co.; Lee
Higginson Corp.; Lehman Brothers; Carl M. Loeb, Rhoades
& Co.; Loewi &
Co.; Irving Lundborg Ac Co.; Laurence M.
Marks &
Co.; Mason-Hagan, Inc.; A. E. Masten Ac Co.;
McDonald At Co.;

and

dential Insurance Co. of America

Co.;

McCormick At Co.;

Farm Loan and Government Agency Issues

In¬

Jan. 15, 1969.
modernization and

Kidder,

Kuhn,

Manufacturing

($5,000,000)

due

Indianapolis

Ac

Purpose,
Life

privately.

*2,500,000 National

&
Co.;
Hemphill,
Noyes
Ac
Co.;
Henry Herrman Ac Co.; J. J. B. Hilliard
Ac Weeks; Howard,
Weil, Labouisse,
Co.; Hurd, Clegg & Co.; E. F. Hutton Ac

&

1967.

bentures

Stone

Share

to

Southwestern

$40,#00,000 Central

Cement

refunding
Placed

Co.;

E.

Ac

note due

with

notes, due Jan. 1, 1962 to Jan.

Ac
Co.;
Granbery,
Harriman Ripley &
Co.; Hayden, Miller &

Co.;

Harrison

estate

privately

bentures

7,800,000 Marquette

Goodbody
Ac

real

Placed

Co.

surance

Hornblower

Friedrichs

Co.;

Co.;

Hallgarten

Carter

Hayden,

H.

&

Co.;

5"

(2365)

placed privately.
* Indicates issues sold competitively.
Vindicates special offering.

♦Represents
,

issues

I

.

6

(2366)

(Continued from page
Corp.;

Wood,

Kidder

&

Struthers

Co.;

Baehe

&

&

OTHER

5(£77
$120,000

Estabrook

Co.;

Si

Co.;

M.

A.

Schwabacher & Co.; ShearWeeks & Co.; Boenning Si
Co.;
Emanuel, Deetjen & Co.;
Lester,
Ryons &. Co.;
Merrill, Turben & Co.;
Stern
Brothers
& Co.;
Swiss
Hammill

son.

American

livan

&

Co.;

Corp.:

Co.,

Burgess

&

&

Co.;

Cooley

&

Co.;

Hayden,

Hilliard

&

&

&

&

Lynch;

Elkins,

Co.;

Si

Morris

Si

Milwaukee

Co.;

J.

Legg
Moore,

Co.;

J.

Co.;

Illinois

&

Janney

Co.;

Co.;

Co,;

Si Co.; J. S. Strauss Si Co.; Suplee, Yeatman & Co., Inc.;
Thayer, Baker Si Co.; Westheimer and Co.; J. R. Williston
&
Co.;
Wooaard-Elwood & Co. and Woodcock, Hess &

Co.,

preferred

construction.

ber,

Price,

Jackson

at

(par

par.

Curtis

Si

$20).
Purpose, for new
Underwritten by Paine, Web¬

stock
and

Mitchuin,

Tully

Co.

&

$1.50

liber

Gas

tion.

Price,

44,000,000

L.

to

by

Putnam

10

cumulative

of

Aetna

Offered

share.

per

share.
writing.

3,400.000

Electric

shares

40,000

Co.

Co.;

William

Walker

Blair

&

&

Co.;

Whipple &

Bacon,

&

&

Co.;

&

Cook

Si

Co.;

Barret,

Fitch,
Kirkpatrick-Pettis

Donald;

J

North

Co.,

Co.;

&

and

H.

Burke
O.

&

Stone

Co.;

&

Peet

Go.

Si

&

Co.

&

(Inc.);

dividends.

Underwritten

Blosser

Fenner

&

Co.

$3

Woolfolk

Co.

50,000

for

new

America,

of

share.

per

shares

plant

of

Inc.

equipment
Offered

shares

of

by

to

company

Wallace

America

of

$4).

Co.

First

for

of

Eichler & Co.; and Lester, Ryons Si Co.

A

Oil

Gas

&

common

Corp,

shares

1,000,000

of

common

ana

Ames,

Emerich

Atwill

Si

subscribed.

Jack

Baker,

Marks

&

Si

Co.;

R.

w.

Pressprich &

written

Hutzler; Auchincloss, Parker & Redpath;

&

Si

,

H.
7

L.

Emeison

& Co.; Johnson,
&

Co.;

Co.;

Si

Co.;

Schmidt,

T.

Williams

Anderson

ham,

&

&

&

Co.,

Co.;

Quail

9° C. I"c-J Suplee Yeatman Si
'
Wheat
&

Co.;

Webster'<fc

Co., Inc.;

Si

old

S.

Woodard-Elwood

S.

Cunningham

Si

Co.;

F.

S.

&

McEvoy.

Thayer. Baker

&

The

I.

common

Ceij"S
and

drilling

(par

&

Uranium
10

Co.,

cents).

Inc.

expenses

tion."




and

599,000

wbrking

for

capital

shares

of

exploration

Co. "as
'

a

specula

Price

Kidder.

J.

Labouisse,

Illinois

Co.;

Lemon

Peabody

50

Co.;

&

Co.;

Newman

Si

and

&

Gardner;

The

Reynolds

&

Co.;

Co.;

Inc.;

S.

Stix

Webster

Si

Walter

Williams

150.000

East

&

&

stock

(par

685,816

Cerf

Price,
tion

(no

Dean

Witter

development
Co.,

cents).

Inc.

$1

685,816

Purpose,
leases

share.

public

Neuhaus

&

Austin

&

&

Co.;

Co.

&

and

to

and

stock

Oil

Fairman

150,000 Western
mon

etc.
&

to1

Price,
&

Price,

(par

five

Adams,
Purpose,
per

to

offered

which

4,500

Inc.

of

shares

to
ex¬

stock
capital.

common

for expansion and working
share.
Offered
by company to

public,

underwriting.

Representing

Not

New

Financing

$21.25

and Merrill Lynch, Pierce,

Co.;

Scott,

Mason,

Horner Si

Inc.

Fenner & Beane.

Over¬

$101.

(par

,

&

+502,500

Co., Inc.

per

share.

of common stock
Offered by Stroud

Completed.
Corp. 30.000 shares of common stock (par $5').
per
share.
Offered by Kidder, Peabody Si

Burroughs
Price,

All sold.

17,600 shares

Electric Co.
Price, $30^25

532,400 Atlantic City

$16.75

Oversubscribed.

Co.

of

stock

common

properties.

of

Price,

shares

of

class

B

common

short term notes and for

general
by

corporate

purposes.

shares

(company for subscrip¬
"as a speculation."

of

class

A

common

stock

Production

$1).

Co.

160,000

shares

of

com¬

&
Almy Chemical Co.1 16.000 shares of common
(par
$1).
Price,
$20.50
per
share.
Offered by
Paine, Webber, Jackson & Curtis. Completed.
840.750 Eitel-McCuHough,
Inc.
114,000
shares
of capital stock
(par $1).
Price, $7.37y2 per share.
Offered by Schwab¬
acher

&

Co.;

Walston &

Co.;

cents

Co.

3,000,000

shares

of

Co.

Over¬

.

Shoe Corp. 10.707 shares of common stock (par
Price, $41.25 per share.
Offered by Smith. Barney

Si

Oversubscribed.

Co.

Line Co. 21,000 shares of common
$22,37Ms per share.
Offered by
Oversubscribed.
198,000 Kalamazoo Vegetable Parchment Co. 11,000 shares of com¬
mon
stock (par $10)..
Price, $18 per share.
Offered by
Paine. Webber, Jackson & Curtis.
Oversubscribed.
*20.991.600 Reynolds Metals Co. 4'i
first mortgage serial bonds due
1962.
Placed privately with financial institutions through
Dillon Read & Co. Inc. and Reynolds & Co. for account
Pipe

469,875 Lnterprovincial
stock

(par

1

& Co.

Reconstruction

of

114,375

Price,

$5).

Sachs

Goldman,

Finance; Corporation.

Transcontinental Gas Pipe Line Corp. 5,000 shares of com¬
mon
stock
(par
50 cents).
Price. $22.87Yg
per share.
Offered

by

Blyth & Co.,

Inc.

Completed.

94,600 Trion, Inc. 23,650 shares of common stock (par 50
Price, $4 per share. Offered by Reed. Lear & Co.
180.000

cents).

6.000 shares of common stock
(no pari.
Price. $30 per share. Offered by Lee Higginson
Corp.
Completed.
United

States

Potash

Co.

com¬

Purpose, for working capital,
per
share.
Offered
by Coombs

Barth &

General

$28,040,319

cents).

J.

All sold.

$1).

Purpose, to acquire stock of Nebloans and for general corporate
share.
Underwritten
by
Sills,

Inc.

and

|

General Gas Corp. 18.000 shares of common stock (par $5).
■Price, $16.50 per share. Offered by Kidder, Peabody & Co.

per

Petroleum
10

.

,

subscribed.

297,000

repay

$5

Completed.

Dewey

stock

at

without underwriting.
shares of common

drilling expenses and
share.
Offered by Floyd

pay

Inc.

328,000

(par

for

per

70,000 California Oregon Power Co. 2,500 shares of common stock
(par $20).
Price, $28 per share.
Offered by Blyth & Co.,

underwriting

7,800

Harris,

Empire

stock

Co.

(par

Co.;

rights

23,850 Alabama-Tennessee Natural Gas Co. 1,800 shares of com¬
mon stock
(par $1).
Price, $13.25 per share. Offered by

T.

C.

250,000

Offered

without
Inc.

Oil

shares

12,000

to

subscription

subscribed.

Harold

Purpose, for general corporate purposes. Price,
$1
per
share.
Offered
by company to public, without
underwriting, "as a speculation."
Anne's

addition

Co. 139,092 shares of common stock 'par $10).
per share.
Offered by F. S. Moseley & Co.;
G. Becker Si Co. Inc.; Blyth & Co.. Inc.; Glore, Forgan

A.

&

Co.;,
Wag-

par).

Saint

Si

Becker;

Acme Steel

Price,

441,664

shares

Purpose,

Price,

Inc.

per

&

inc.

of

Oil,

Nicolaus

Oversubscribed.

Oil

par).

$1

by

7,800 Mon-Dak

Stifel,

Underwood,

for

Oil,

(no

acquisition

Co.;

&

Inc.;

capital.

Mon-Dak
stork

Co.;

150,000

Co.,

Scribner; Smith,
Co.; Stern Brothers

Si

by company to public,

10

Jr.

Si

Co.

Western

working
D.

&

Purpose,
Offered

par.

Florida

Staats

&

Co.; Walter,
Company;
Wertheim

Co.

Oil

Fairman

&

1954

1.

$10

Rauscher,

Co.;

Sills,

stockholders,

par).

Issues
$2,955,705

Co.;

Stone, Moore & Co., Inc.; Stone
Corp.; Straus, Blosser & McDowell;

Dann

Co.,

&

Basin

$1).
250.000

&

Wood

Simmons;

$6,545,435

Ohio

Co.;
Si

Common,

gener;

R.

Deane

Stewart

Securities

Anthony

Vietor,

E.

Singer,

William

Harold

& Hopwood; Stern
Cruttenden Si
Newhard, Cook & Co.?

Jaffray
&

Co.

Si

&

Ellis

Co.;J Buffett-Falk & Co.; Julien Collins
& Co.; Joseph, Mellen & Miller,
Bennett & Co.
Oversubscribed. Thesa

&

in

are

without

Si

Mosle

Simon

G.

Henderson

C.

Manley,

Wilhelmina
(no

Co.;

Newburger
Co.;

and

Price,

A.

Company;

purposes.

Purpose,

Weil,
The

Investment

Mullen

Cook

Rice

J.

Tucker,

Co., and Winslow

ETC.

Offered by Israel &

Co.;

Johnston,

Inc.;

Inc.;

Reinholdt

Rotan,

Si

Co.,

Tex

Divide

stock

K.

J.

Co.;

Co.;

mon

$299,500 Continental

Co.,

Co.;

45,000

M. Marks Si Co.; Mason-Hagan,
Co.; Carl McGlone Si Co., Inc.; Mead,
The
Milwaukee
Co.;
Model,
Roland
Si

Co.;

&

M.

&

Har¬

$83,794,935

COPPER,

and

Co.,

Howard,
&

&

Piper,

Brewer

Cole

T.

Co.;

minority

Laurence

Newhard,

Moore

Oversubscribed.

COAL,

Space

Hirsch

A.

Co.;

Inc.; The Robinson-Humphrey Co.,
& Cooper;
Rowles, Winston Si Co.;
Scherck, Richter Co.; Schwabacher &
Co.;
Scott, Horner & Mason. Inc.; Shearson, Hammill
Si
Co.;
Shields
Si
Co.;
Sills, Fairman <fe Harris,
Inc.;

800,000

IRON,

Co.;

&

Si' Fay;
Hutchinson

&

&

Co.;

Evans & Co., Inc.;

Gardner;

pired Feb.

Funk

H.

Creston

Weld Si Co.;

White,

& Co., Inc.;
Paine, Webber,
Walker & Co.; McCormick &

H.

Blunt

&

Co.;

Rouse,

shares

Co.;

Granbery, Marache & Co.; HalloHenry Herrman & Co.; Hickey

Co.;

Richards

Co.;

Co.;

&

Inc.;

Yantis

Inc.:

&

McCormick &

Irving

Co.,

Associates,

Stewart & Co.;

Douglas

&

&

Lane,

Si

Inc.;

Russ

r^cSiHford-Dunlap, Inc.;
K.

&

Garrett-Bromfield

Hooker

Co.;

Hess;

&

Sons;

Si

Co.;

&

Hill

Kalman

Reed

Gibson;

Columbia Investment
Inc.; Henry Dah.'berg &
Co ; John Douglas &
Co., Inc.; Elder & Company; Fordon
Aldinger & Co.; Garrett-Bromfield Si
Co.; W. C. Gibson
&
Co.; Wesley Hall & Co.;
Hincks Bros. & Co..
Inc.;
Howard, Weil, Labouisse, Friedrichs &
Co.; Hulme Applegate & Humphrey, Inc.; Hurd,
Clegg & Co.; W. L. Lyons
&
Co.; Morgan & Co.;
J.
R.
Phillips Investment Co.:
Refsnes
Ely, Beck & Co.; Security
o'

o

Co.;

duPont

I.

Co.;

Geyer
G.

Northwest

&

Co.;

Inc.

Crutten-

Company; Paine, Webber, Jackson & Curtis; Peters, Writer
& Christensen,
Inc.; Rauscher, Pierce & Co. Inc.; Keith

Irving J. Rice Si, Co.. Inc.; Dallas Rupe &
Son; Russ
&
Co.; Sage, Rutty & Co.,
Inc.; Schneider.
Bcrnet
Si
Hickman; Smith, Ramsay Si Co.,
Inc.; Strader, Taylor &
J.

Francis

Co.;

Snider

Inc.;

Curtis;

&

Beecroft,

Land-

Julien

Co.;

;

Winston

Inc.;

Si

Co.;

&

Christensen.

Central

Inc.;

Clarke,

Courts

(Trtc.t;

Inc.;
Clark,

;

Co.; Brooke & Co.;
Brown, Lisle Si Marshall;
Cumberland
Securities
Corp ;
Goodwyn & Olds; Hanrahan & Co.; Win. P.
Harper & Son
& Co.; Investment
Corp. of Norfolk; Marx & Co.; Murphey
Favre. Inc.; The National Co. of
Omaha; Peltason, Tenen¬

&

&

Miller

Amott, Baker & Co., Inc.;
Arthurs, Lestrange & Co.- Bing¬

dum Co.; Peters, Writer
Co.;

Inc.;

Stone;

Inc.;

Boettcher

Si

Sulzberger

Loewi
•

Roberts & Parke; Stern
Frank
Agee & Leach: Thomas & Company;

Strudwick;

Sheldon

Rowles

W.

Co.

Si

Thalmann & Co.; Lazard Freres & Co.; Lee
Higginson Corp.; Lehman Brothers; Lentz, Newton & Co.;
Lester,
Ryons &
Co.;
Carl M.
Loeb, Rhoades & Co.;

Poole,

Meyer & Fox; Sterne.
C.

Si Linn;

Si

5.2'v>

Pierce & Co.;
Rein¬
Harris, Inc.; Loewi
Wagenseller & Durst,
Inc.; Watling,
Lerchen Si Co.; Barret, Fitch, North &
Co.; Lester, Ryons & Co.; Lucas, Eisen Si Waeckerle, Inc.;
holdt

Ladenburg,

Kenower.
MacArthur
Si
Co.;
Kirkpatrick-Pettis
Lawson, Levy & Williams; Mason-Hagan.
Inc.; Mead,
& Co.; Mid-South Securities
Co.; Penington,' Colket
Co.; Raffensperger, Hughes & Co.. Inc.; The Robin¬

son-Humphrey Co., Inc.; Rodman

Si

Fridley

Co.;

Robert Garrett

Co.,

Co.;

Miller
and

Byllesby

M.

Cassell & Co.,
Chapin Co.;

A.

Co.

Clement A.

Pacific

Co.; Dempsey Si Co.; DempseyRobertson & Pancoast; Dittmar

Dewar,
O'Connor

Southwest

Johnson,

Edwards, Inc.;
Co., Inc.; Fauset, Ste.ele & Co.; Jamieson
Lane, Space & Co., Inc.; Kay' Richards

&

Brothers

Co.;

of

1954 series (par
Placed privately.

& Surety Co. 138,Q00 shares of capital
Purpose,
for
working capital.
Price,
Underwritten by Kidder, Peabody & Co.;

Wright,
&

McDonald

Co.;

shares

Corp.

preferred

finance

to

$5).

&

Jackson

Si

Co.;

Friedrichs

&

Inc.; Chace, Whiteside, West & Winslow
Inc
Cunningham.
Gunn
&
Carey,
Inc.;
Davenport & 'Co
Dittmar &
Co.; Doolittle & Co.; R. j.

H.
F.

C.
Don

Dain

M.

J.

&

Doyle,

Hogle

A.

Pickard,

Co.;

Co.;

well,

Chapman

Corbett

&

Goldman, Sachs

Peet &

Burns,

&

Co.;

First

Adams & Peck; J. C. Bradford
Co.; Branch, Cabell & Co.; George R. Cooley & Co.,
Inc.; J. M. Dain & Co.; Dewar, Robertson & Pancoast;

Inc.;

Si

Prescott,
Becker

A.
G.
Edwards
Si
Sons;
Eppler,
Guerin
&
Turner;
Equitable Securities Corp.; Clement A. Evans & Co., Inc.;
Farwell, Chapman & Co.; The First Cleveland Corp.;

&

Co,,

Co.;

$65

Casualty

Co..

Ellis

(Inc.);

Price,

without under¬

public,

to

26,800
stock,
acquisitions.

Gas

Propane

share.

Co.,

Auchin¬

Becker & Co. Inc.; Blair, Rollins
& Simmons;
Boettcher & Co.;
Inc.;.Stockton Broome Si Co.;

G.

working .capital.

for

company

convertible

(par

per

&

Co.;

Whipple Si Co.; Robert
Bankers Bond
Co.,
Inc.;
Eichler & Co.; Baxter,

The

Kirkpatrick, Inc.; John
Co.; Coughlin and Co.;

&

Robert L. Whittaker & Co.;

&

A.

Blunt

stock

$23

&

Allyn

C.

and

loans

Offered by

Purpose,

3,174,000 Western

Under¬

Bateman,

Co.

den

Cooper; Scott. Horner & Mason, Inc.; Scott & Stringfellow;

Sullivan

Co.;

Phillips

Tegeler

Co.; Demp& Co.; Elworthy
& Co.; Clement A. Evans
Co., Inc.;
Hill
Richards
&
Co.; Ingalls & Snyder;
Mitchum, Tully & Co.; Parrish & Co.; Rotan, Mosle and

Bosworth,

Si

Co.;

Inc.;

Collins

&

Co.;

Si

Inc.;

Co.,

share.

per

A.

Corp.;

street

Si

sey-Tegeler

&

$12.50

Republic

Co.;

& Co.; Foster & Marshall; Hamlin &
Lomasney & Co.; A. E. Masten & Co.; H. O.
Co.; Rauscher, Pierce & Co., Inc.; Scherck, Richter
Co.;
Singer.
Deane
&
Scribner:
Stillman, Maynard
Si
Co.; Sutro & Co.; Underwood, Neuhaus &
Co.; Wagenseller & Durst, Inc.; Allison-Williams
Co.; Baker, Simonds
& Co.; Barret, Fitch, North &
Co.; George D. B. Bonbright

Co.

Si

Bass

Caldwell

Si

Co.; Putnam & Co.; Reinholdt & Gardner; Chas. W. Scranton & Co.; Bingham, Walter &
Hurry, Inc.; Brush, Slocumb
& Co., Inc.; Cohu &
Co.; Crowell. Weedon &

D.

M.

Williams
Si

Securities

Bosworth, Sullivan & Co.,
Brown, Lisle Si Marshall;

Weeks

Lunt;

Baird

W.

&

Farwell.

Union

by

acquisition

for

Price,

etc.

Kane, Rogers & Co.;
Lestrange & Co.;
Parker & Redpath; Bacon,

closs,

Si Co.;
Bateman, Eichler Si Co.; William
Co.; R. L. Day & Co.; Hirsch & Co.; The Illinois.
Co.; Lester, Ryons & Co.; Loewi Si Co.; Pacific Northwest
Blair

unit.

per

develop¬

Arthurs,

M.

bank

reduce

$50).

Purpose,

187,500 shares of
to make loans.
to public,

company

writing.

"as a speculation."

Aim,

$3).

properties,

by

Offered

Inc. 300.000 shares of
common, stock
Purpose, for improvements and working
by Gearhart Si
T. J. Feibleman

Park,

Price,

cumulative

(par

princi¬

Purpose,

(par

share.

cents).

*1,340,000 Suburbabn

of

Offered by

136,435 Rittcr Finance Co., Inc. 2,099 shares of 5'k cumulative
preferred stock (par $50) and 20,990 shares of class B
common
stock
(par $1)
in units of one share of pre¬
ferred
and
10
shares
of
common
stock.
Purpose,
to

OIL

ment

par.

Kasper & Co.

Ariz.

Phoenix,
$1).

Co.,
stock

per

at

$1 per share.
Offered
Otis, Inc.; Hunter Securities Corp.; and
Si
Co. Completed.

$5,862,510

$12,500,000 Colorado

Price,

(Tex.)

underwriting.

10

capital.

Price, at par.
Inc.;
Bateman,

Co.,

pari.

common

$1.60

without

$2.40

Inc.;

Salomon Bros.

(no

Finance

A

Underwritten

par.

30,000 shares of com¬
Purpose, for working capital.
Price,

America

of

Offered by Boylen,
residents to Texas.

General

(par

at

share.

to

Price,

without

Inc.;

Merle-Smith;
Co.; Laurence

stock
per

class

stock

class

expansion.

California

Trust

pally

Price,

Price,

cumulative

Systems, Inc. 30.000 shares of 6% cumulative
preferred stock
(par $101.
Purpose, for ex¬

Fidelity
mon

by

common

etc.

Price,

and working capital.
Securities, Inc.

$10

Lewis, Inc.

shares

75,000

Purpose,

The

by

of

capital,

John R.

by

Container

(par

shares

75,776

working

for

Offered

capital.

Daggett

300,000

'

Purpose,

share.

public,

,

6'/<>

of

shares

4,000

Oversubscribed.

Inc.

300,000 Magnolia

E. F. Hutton Si Co.: Newhard, Cook &
Co.; Barret. Fitch, North Si Co.; Burke Si MacDonald;
Kirkpatrick-Pettis
Co.,
and
H.
O.
Peet
&
Co.
Over¬

Company; Coffin & Burr,
Inc.;
Dick
Halle & Stieglitz; Ladenburg, Thalmann

$3

Co.

& Co.; H. G. Kuch & Co.; Reed Lear & Co.;
Taggart & Co. Inc. -and Barrett Herrick Si

A.

pansion

common

Goodbody & Co.;

&

Si

Price,

($75,000).

Banking Corp. 61,000 shares of 6% cumula¬
preferred stock, series B 'par $10). Pur¬

Bioren

Co.,

and

share.

99,000

Inc.

House,

working

for

convertible

stock

common

and

Purpose, for working capital.

Offered

Corp.

$1).

(par

Ohio Edison Co. 527,830 shares of common stock (par $12).
Purpose, 'for property additions and improvements.
Price,
per share.
Offered by company for subscription by
common
stockholders.
Underwritten
by White, Weld Si

capital

Barrett

by

convertible

300,000 Charge-It

Shober.

&

stock

Allen

by

300,000

Injector

(par 20 cents).

Triplex
per

$35.75

working

for

Underwritten

Automobile

Charles

McDowell; Stroud &
Vietor, Common, Dann

and

Smith, Barney Si Co.; White, Weld & Co.; A. C.
Allyn and Co., Inc.; Bear, Stearns & Co.; Coffin si Burr,
Inc.; Hallgarten & Co.; Stern Brothers Si Co.; Spencer
Trask & Co.; G. H. Walker & Co.; Dean Witter & Co.;

Co.;

and

Army-Navy

pose,

&

Corp.;

Si

underwriting.

Beane;

& Plastics Products Co., Inc. 100.000
stock (par $2.50).
Purpose, refunding

Rubber

common

share.

tive

Piper, Jaffray & Hopwood; ShillingFairman Si Harris, Inc.; Stern

Securities

by Blyth &
Forgan & Co.;

Co., Inc.; The First Boston Corp.; Glore.
Kidder, Peabody & Co.; Merrill Lynch. Pierce,

18,869,923

610,000

Co.;
Julien

Equitable

Pancoast;

&

Inc.;

Inc.;

Co.,

Blair

Chapman & Co.; Glore, Forgan
Co.; Hemphill, Noyes & Co.;

%Purpose,

Corp.

Stone
stock

300,000

on

40,000

Corp.

preferred stock (par $10).
Purpose, for fixed assets and
working capital.
Price, at par.
Offered by company to
public wiihout underwriting, to residents of Florida only.

Sills,

Straus,

Union

Fuel

stock

accrued

Emerich

to
repay
bank loan.
Price, $5 per
d'Avigdor Co. "as a speculation."

City

and

Becker &

G.

A,

Ames,

Robertson

Farwell,

Co.;

&

Si

$1).

(par

Mac-

Power & Light Co. 70.000 shares of 4.20')'<
cumulative preferred stock (par $1001.
Purpose, to repay
bank loans
and
for new construction.
Price, $101
per
share

Corp.;

Inc.;

Offered

Kansas

Dewar,

Co.;
Dean
Witter
Oversubscribed.

Oversubscribed.

7,000,000

Inc.;

The Ohio Co.;

Brothers

181,862

expired

MISCELLANEOUS
$40,000

Co. 100,000 shares of
Purpose, for expansion.
Price,

$10).

Co.,

&

297,000

of

($225,000)

Oversubscribed.

Co.

City Power & Light Co. 225.460 shares of common
stock < no par).
Purpose, to repay bank loans and for
new
construction.
Price, $32.50 per share.
Underwritten
by Blyth & Co., Inc.; The First Boston Corp.; Glore, Forgan Si Co.; Kidder, Peabody Si Co.; Merrill Lynch, Pierce,
Fenner & Beane; Smith,
Barney & Co.; White, Weld &
Co.; A. C. Allyn and Co., Inc.; Bear, Stearns & Co.; Coffin
& Burr,
Inc.; Hallgarten & Co.; Stern Brothers & Co.;
Spencer Traskl Si Co.; G. H. Walker & Co.; Dean Witter
Si CO.,
Goodbody & Co.; E. F. Hutton Si Co.; Newhard,

Development

Woonsocket
shares

without under¬

company,

Underwritten by

Co.;

Bolger

Co.,

Kansas

stock¬

to

offer

whicn

to

RUBBER

$1.50

Manufacturing

(par

&

Hayden,

Co.';

law,

250,000 Saaty
7,827,450

$300,000

Price,

etc.

Hickey & Co., Inc.; The Illinois Co.; Kidder, Peabody &
Co.; Ladenburg, Thalmann & Co.; Lee Higginson Corp.;
McCormick Si Co.;
The Milwaukee Co.; Newhard, Cook

and

Co.,

shares of common stock
capital,

W.
Baird
&
Co.,
Inc.;
William
Si Co., Inc.;
Central Republic Co.

Securities

by

stock (par $100).
Purpose, for new
Price, at par and accrued dividends Offered

H.

G.

stock

Allyn

Collins

by Merrill Lynch, Pierce, Fenner & Beane; White, Weld Si
Co.; Drexel Si Co.; Eastman, Dillon & Co.; Laurence M.
tylarks Si Co.; R. W. Pressprich & Co.; L. F. Rothschild
&

Cement

share.

per

C.

Blyth

for

rights

$232,715

Offered
"best-efforts" basis.

a

in

sold.

and
by

equipment

share.

per

150,000

is

shares,

7.8JJ3

shares of common
stock
(par
$1).
Purpose,
for
working capital.
Price,
$1.25 per share.
Offered .by McGrath Securities Corp. All

per

Marquette
common

preferred

construction.

on

Corp.

Bissell & Meeds.

by Laird,
addition to

Offered

This

1954.

3,

50,000 Shawano

Edge Index, Inc. 400 shares of l0'/>
cumulative
preferred stock (par $100).
Purpose, for working capital,
etc.
Price, at par. Offered to public by company, without

A.

$4.22

of

Soya

of

Feb.

(par

shares of class A stock

expansion,

for

$1.50

ETC.

Machol

$34

Co.
&

stock

common

a

BUILDINGS,

share.

$15 per

Oversubscribed.

underwriting.

(no

by company
Underwritten

stockholders.

of

200,000

Price,

Purpose, for working
Offered to public by

$1),

per

40.000

Corp.

Purpose,

capital.

Securities Corp.

(par

Over¬

stock

common

Price,

holders

shares

Offered by Robert
speculation," following

share.

"as

stockholders.

to

LAND,

shares of common stock
Bonds and Notes" in

5,960

repay
per

Colo,

Denver.

offer

to

cents

$182,715 CorpAmerica, Inc. 12,181 shares of class A common stock
(par $10),
Purpose, for working capital and expansion.

ior expansion and working capital.
share.
Offered by Capper & Co. "as a

cents).

Wilson,

shares of common stock (par
loans and for drilling

5,000,000

5'/2

$14,818,616

"Long-Term

199,800

Plastics

225,000 International

bank loans and for new construc¬

common

Si

G*as

Iowa-Illinois

shares

75,468

repay

$6.40

subscription
F.

Co.;

Purpose,

par).

Co.

per

Glass

Robert
Greenwich

of

Purpose,

(par

subscribed.
482,995

Co.,

Inc.

Co.,

shares

149,974

Inc.

Price, $2 per share.
Of¬
Inc. "as a speculation."

capital.

under

Bros.

working

Telephone Co. of California 200.000 shares of 5%

General

W.

Purpose, to acquire patents,

10 cents).

Co.

Purpose,

Price,

prior

column.

cents).

Price,

Industries,

Oil

cents).

costs.

speculation."
300,000

Inc.

cumulative

W.)

five

shares of

120,000

$1).
Purpose, to purchase
capital.
Price, at par. Of¬
residents of Oklahoma.

to

Keppler &

See

Diamond
50

Kay,

Hanrahan & Co.; Henry Herrman & Co.; Kaiser
Kirkpatrick-Pettis Co.; Carl McGlone & Co., Inc.;
McJunkin, Patton & Co.; Penington, Colket Si Co.; Stern,
Frank,
Meyer & Fox;
Stetson
Securities Corp.;
Stokes

4,000,000

299,700

(R.

par).

preceding

a

Co.;

&

(no

A.

Inc.

(par

Co.

working

R.

149,000 Cramer

Corp.;

Lundborg & Co.; Rodman Si Linn;
C. F. Cassell Si Co.; Chaplin Si Co.; Richard W. Clarke
Corp.;
Crowell,
Weedon Si Co.;
Dehaven Si Townsend,
Crouter & Bodine; Ellis, Holyoke <fe Co.; Fauset, Steele

by

&

(par

for

Co.,

working

for

Growth

stock

and

fered

&

and

White

Amalgamated
etc.

3.

Co.;
Leonard

by

Finishing

stock

common

common

Singer, Deane Si
Van Alstyne, Noel Si Co.; Arthurs,

Si Co.; The
Richards & Co.; Irving

&

299,948

Collins

C.

John

Hanseatic

Lestrange

i

fered

Sul¬

Goodbocly

Co.;
Si

Hentz

Co.;

Julien

Co.;

&

H.

Co.;
&

The

York

Sutro

Si

Laird

Co.;

Carroll

W.

Miller

New

Scribner;

Lee

Son;

McCormick

Bosworth,

Simmons;

Si

Commercial

A

275,000 Wyoming

MANUFACTURING

INDUSTRIAL AND

B

equipment

Inc.; Brooke & Co.; Brown, Lisle & Marshall;
Leith;

&

Co.;

Ellis

&

class

Baker,

Blunt

A

1954

Chronicle.. .Monday, May 31,

The Commercial and Financial

♦Represents
Jlndicates

issues

issues

tlndicates specisll

placed

sold

privately.

competitively,

offering.

*

Clark

(Continued from page 2)
Oil

Consolidated

Calvan

Ltd.

Gas Co.

&

of investment, leases, and rights

Gains on sales

income

Net

995,226
803,215

—-

—

— —

net

holding
1,184,006
174, p. 102,

in

properties

oil

of

acres

141,247

shares

Co.—Opens New Plant-—

The

entire

The

roof.—V.

approximately

includes
1718.

plant

179,

p.

A

at

$8

Corp.

America

of

each

Loss

beio.e

Provision

provision tor Fed.
Federal

for

taxes

taxes

The

Crl, 170,000

2,650,000

$95,973

$2,709,041

Nil

income

on

proceeds

$0.26

The

income

Net

•Earnings

-

share

common

per

shares
•After

company

of

the

&

has called for redemption on Aug. 1, 1954, $1,378,000
3Va% debentures, due Aug. 1, 1960. Payment, at 100xk'k

Trust

principal amount, wi.l be made at- the office of Chemical Bank
Co., trustee, New York, N. Y., or at the City National Bank
of

Co.

out

Chicago.

&

&

of

Trustl Co.

179,

Chicago.—V.

Refining

The

Central

With

Co.—Registers

Service

Public

Illinois

at

filed

company

$16,000,000.—V.

EEC

covering

Sachs

&

Co.

May

on

sale
are

in

right

offering

would

The

subscribe

to

for

one

to

of

Fort

Wayne,

lew

a

weeks

of

east

D.

Ind.,
on

plan

located

on

Central

of

handling of both raw materials and finished products, promoted by McMillen in the feed industry, will be a major feature of the
Bulk

new

plant.—V.

179,

1370.

p.

This

and distributors of dairy, food and
supplies, reports higher sales and
earnings ior the six months endeu Apn. 30, leas, the first hah of the
company's fiscal year, John G. Cherry, President, told shareholders
in the semi-annually report.
Net earnings for the six months' period, after all charges and provi¬
sion
for Federal and
Dominion income
taxes,
axuouiueu
to $292,042
and
43 cents
a
commcn
share.
This compares with $134,829 and

.

processing

equipment

cents

share

the

fir

period last year.
Net
sales
for
the
period
of $16,250,049 compare
with sales of
$15,330,793 for the six months' period ended April 30, 1953.
New orders received in the hst six months are greater than in the
a

corresponding period
at

April 30 is approximately

p.

and

backlog of unshipped orders

the

one-third larger than

ago.—V. 177,

410.

year

a

Net

1954—4 Mqs.—1953
—$24,931,000 $29,108,000 $95,351.000$10L865.000

income

2,406,000

3,770,000

8.887.000

12,658,000

$0.30

$0.48

$1.11

*

5.000

shares

$8.87Mi

at

the

of
of

Earl

filed

was

stock

common

sharei

per

account

to

through

C.

to

Dec.

with

be

SEC

offered

Rodman

Nagels,

the

the

at

Renshaw,

&

President

Chicago,

111.,

Chrysler Corp.—Vacation

note,

loan

481,858

583,400

79,500

79,500

at

least

worked

—V.

to

as

The

employees in place of vacations.
for the vacation pay an employee must have
seniority as of May 1 and he must also have

Chrysler

eight

during

the

of

12

months

preceding

May

1.

March

Clark

by

been

$24,500,000,
of

1953.

per
was

the
as

Net

dollar

compared

income

of

ended

quarter
was

sales.

net

to

March

$28,700,000

earnings

J954

of

$1,244,000 which

the

In

last

$1,131,000.

Net

31.

before

sales

is at

in
of

the

last

and

the
total

close

1953

net

cents

income

per

common

the

1

current

$33,316,000.—V.

179,

quarter,

hare

outstanding

liabilities

p: 2139.




total

current

were

$7,388,000,
.

assets

leaving

286,354

510,108

407,330

374,181

145,817

246,755

157,403

119,351

4,231,602

5,269,099

5,142,517

5,013,266

903,543

1,828,071

1,515,798

1,485,645

399,429

797,396

554,757

482,569

railway

income

oper.

from

from

Net

ry.

railway—
railway—

—V.

income-

oper.

179,

1931.

p.

Carbon Co.

Columbian

(& Subs.)—Earnings-

Three Months Ended March 31—

U.

S. and

income

taxes

-

1,200,00.0

1,300,000

—

$1,289,583

$1,295,559

v_——

$0.80

$0.80

(est.)

foreign taxes on income

Net earnings——!

Earnings per share.
—V.

equal

were

working

1953

1954

$13,856,529 $13,830,702
2,595,559
2,489,583

—

Profit before

178, p. 2136.

Commonwealth Investment

—Reports Record Assets—

corporation's total net assets on May

The

795,

Co., San Francisco,

highest figure in its

the

22

2/4, 1954 reached $76,172,-

history,—V.

year

179,

1719.

p.

"

■

The

25,

1

Co.—Registers With SEC

filed a registration statement with the SEC on May
covering 590,290 shares of common stock (no par—stated
per share)
to be offered for pro rata subscription at

company

1954,

value

$10.0625

$12.75

3:00

m.

p.

ten shares then

The

the 5,902,896 shares of common stock
1, 1954, in the ratio of one share for
underwriting is. involved.

share by holders of

per

record at

each

June

on

held.

No

statement with the SEC on May
preferred stock, series E, to
underwriting group headed by
Putnam & Co., Chas. W. Seranton & Co., and Estabrook & Co.
The
dividend rate, public offering price and underwriting terms are to be
offered

supplied
Net

added

lor

sale of the preferred and common stock will
from depreciation accruals and re¬

the

from

the

to

available

cash

applied toward the financing of the • company's
program, involving estimated expenditures
of $42,532,400

earnings
and

1954

of

an

amendment.

by

proceeds

tained

registration

a

covering 200,000 shares
for public sale through

1954,

be

be

filed

company

26,

and

1955.—V.

178,

2303.

p.

Natural

Offered—

Co.—Debentures

Gas

investment banking group,
Co.

&

other

and

& Co. and First Boston

debentures

during

redemption

prices

and

on

range

after

June

PROCEEDS—Of

to

pany
the

fund at 101.57 if redeemed

Sinking

for

the

of

program

company

BUSINESS—The
natural

gas

York.

The

natural

part of the funds for
and its subsidiaries.

1954

$193,443,000

$15,157,000

in

construction

companies engaged in
West Virginia, Ohio, Pennsylvania and
constitute an interconnected, integrated

in

business

the

subsidiaries

*

EARNINGS—Consolidated total operating revenues for
to

at prices
Optional
1954, to

five operating

company owns

system.

gas

1,

June

notes,

providing

ol'

commencing

from 104.84
1, 1978.

proceeds, $15,000,000. will be used by the com¬
due March 1, 1955, and the remainder for

the

off

pay

purpose

New

redeemable

are

12 months beginning June 1, 1959 and thereafter
to 100%
if redeemed on or after June 1, 1978,

the

declining
par

majdq the following bids, also for a 3>/»% coupon:Corp., (jointlyi 101.1099; and
100.78.

groups

Stuart & Co. Inc.,

1953 amounted

$174,168,000 in 1952, and net income of
compared with net income of $15,441,000 in 1952.

against

as

1053

CAPITALIZATION

have

below

named

underwriters

Calif_

-

GIVING

EFFECT

FINANCING

PRESENT

TO

severally

Authorized

Outstanding

$25,000,000

$25,000,000

3Wo
31/e%

debentures

due

1978

25,000.000

25,000,000

opposite their names (each underwriter agreeing to pur¬
cne-haif. of such number of shares of common stock from the

3',4%

debentures

due

1976—

48,700,000

48,700.000

2%%

debentures

due

1968—.

27,815,000

27,815,000

20,000,000

20.000,000

stock

shown

chase

selling stockholder).
Preferred

Common

Shares

Loewi

&

Co._

Shares

19,000

Bell
H.

&

& Farrell,

M.

4,000
5,000

8,000
10,000

3,000
3,000

Ine.

Co.,

Inc..

Byllesby

6,000
6,000

3,000

6,000

—

„—*

(Inc.)—

Co.

&

-

Dempsey-Tegeler & Co.,
&

Peck

Gorman,
Marshall

J.

Irving

Co.-..

—

Co

&

Co.—

Rice

Co...

:

_

2,000

Co., Inc.—
Straus, Blosser & McDowell

:

&

2,000
2,500

2,000

—

Louis

St.

500

—^

...

—V.

17.9,

p.

2%

40,000

—

Ame:■ Emerich

2,500
5,000
12,000

2,500

—

6,000

„

and

Taxes

(&

UNDERWRITERS- The
the

and

1953

1954

31—

$16,707,031

revenues—

2,018,151

taxes..

1,077,036

...

—

—

shares

"Adjusted
—V.

178, p.

to

-

-

outstanding...
reflect

$941,115
$0.48
1,799,652

two-for-one

common

slock

split

in

$16,190,462

2,258,733,
1,325,948

$932,785
$0.54
*1,599,652
April,

1953.

I

1875.

Electric Illuminating Co.

and

—...

(& Subs.)—Earns.

respective principal amounts

White,

Weld

Paine,

Webber,

Harriman
Inc.

$1,760,000

Co.__

&

the
of

$25,173,541

taxes—

income

etc.,

Int.,

3,683,285 shs.

purchasers of the debentures
debentures, severally to be pur-

Inc.

1;760,000

—

Ripley

&

Bros.

&

20,045,246

$24,657,724 $92,339,877

75,182,149

19,789,784

$5,128,295

...

deductions...

1,700,000

160.000
R.

William

Lynch, (Pierce,

Staats

& Co.

80,000

CO,

1,700,000
1,700,000

Rowles, Winston & Co.—

Securities Corp.—

1,700,000

Smith.

1,200,000

Equitable Securities Corp. 1,200,000
1,200,000
Lee Higginson Corp
L. F. Rothschild & Co.— 1,206,000

2,302,890

2,809,508

$4,255,107 $14,854,838

$13,059,310

$4.10

$3.56

612,333

160,000

Wright, Snider

Prescott,

—„

Arthur
Inc.

L.

Wright

—

& Co.
80,000

_

Bingham, Sheldon & Co.
Bioren

60,000
60,000

Co.——

&

80,000

80.000

Moore & Co

Blair, Rollins & Co. Inc.

1,200,000

Blewer, Heitner & Glynn

60,000

Pressprich <fc Co.
Merle-Smith__—

1,200,000

Branch, Cabell & Co.—_

60,000

1,200,000

Crowell, Weedon & Co.—

60,000

W.

Dick

&

Co

Estabrook

&

Laurence

M.

The

500,000

—

Marks

Reynolds

Emerson

L.

—
.

Co

,—

& Co

'

—

Spencer Tra.sk &

&

Co.,

60.000

Inc.

B.

500,000

Co
&

H.

&

—

Ohio

John

500,000

Strader,

500,000
500,000

500,000

Co

CONSOLIDATED

$87,950,858
72,082,040

$4,867,940 $17,157,728 $15,868,818

783,684

$200,000

200,000

Boyce

Inc

1.700,000

Kidder, Peabody & Co—
Men-ill

—.

—

Stein

Clement A. Evans & Co.,

Co.,

—

—

Prescott, Shepard & Co.,

Jackson

& Curtis—

1954—12 Mos.—1953

1954—3 Mos.—1953

Period End. Mar. 31—
revenues

of

by each are set forth below:

Riler

Cleveland

names

3,683,285 shs.

—

chased

R.

Net profit

1955

15,

Bear, Stearns & Co..—

Subs.)—Earnings—
March

income..

on

March

notes due

—

Capital stock (par $15 per share)

Fenner & Bcane

Ended

other

before

Income

due 1979—

debentures

Salomon Bros. & Hutzler

2026.

Months

Net

income

•Earns,

per

"Common

j

of

$1,275,851

Inc.

C.

Joyce

&

Co.,

60,000

———

Williams

T.

Co.-60,000

&

Taylor

&

Inc.

Co.,
——

OF

STATEMENT

12 Mos. End.

3 Mos. End. Mar. 31
1

1954

Total

operating

revenues

Operating expenses and taxes—---

79,021.166
65,816,686

60,060

EARNINGS
1953

Mar. 31, '54

$

$

66,681,135 205.783,523
57.040,381 183,847,335

quarter

5Va

of

were

to

$1.09

733

on

Thrift

compared to 99 cents per share in the last quarter of 1953.
At

$1,291,707

purchase from the company and the selling stockholder the
respective numbers of shares of series A preferred stock and common
to

Gross

discounts

the rate

quarter

1952

$1,364,651

From Jan. 1—

Gross

subsidiary

company's

the

1951

1953

$1,070,396

$

Equipment Co.—Earnings Higher—

for

ry.

1954,

30,

having

UNDERWRITERS—The

agreed

Expenses

Sales

Net

$123,040.59.

'Total

2139.

p.

from

Co.

distributed on May
payment is made an¬

Ry.—Earnings—

1954

The

50,000 shs.
847,124 shs.

1,500,000 shs.

-

amended, evidencing a loan made by a bank under

dated

agreement

owned

Common

was

pay

Southern

&

railway—

from

Two

jfThe first mortgage notes and land contracts consist of numerous
obligations, each note secured by a mortgage on a service
station or stations or other property. Of the aggregate, shown, $414,-

.

eligible

year's

one

for

179,

be

Colorado

Halsey,

200,000 shs.

i.

convert..*

value)—.

par

Sales

gasoline appliances and trailer heaters.
last year were $13,209,245.

period

April

Morgan Stanley

nually to hourly rated
order

corresponding

Gross

481,858

583,400

_

separate

is

Earnings Lower—

in the first four months of
1954 have
this company, manufacturer of home heating and air

jointly headed by White,
Paine, Webber; Jackson & Curtis on
May 26 offered publicly $25,000,000 of 3V8% debentures,
due June 1, 1979 at 101.833 to yield 3.02% to maturity.

for

Pay to Employees—

Approximately $11,000,000 in vacation
26 to 125,000 Chrysler Corp, employees.

179,

$12,487,123

Consolidated

(5% )
dividend

Earnings per common share.

In

the

Weld

as amended,
(both the note
amended on April 30, 19541,
matures in monthly instalments of $30,000 each, commencing on May 1,
1954 to and including June 1, 1958 and is secured by real estate and
chattel mortgages covering substantially all of the company's refinery,
terminal and storage property.

Sales

May

the company.

of

new

Earnings in the first four months of the current year were $122,251,
or
25 cents per share of common stock, compared
with $766,108, or
$1.85 per share, for the same period a year ago.—V. 178, p. 2303.

An

note

dividend,

($1

agreement

the

and

Three

18 covering
market (estimated

on

year.

Outstanding

$1,500,000

1968

30,

(5% )

mtge.

cumulative
(par $201-

$1.20

Clevite Corp.

notification

of

FINANCING

June

series)

in

A,

The 5%

loan

ship

stock

Common

.

in

Union

Chicago, Aurora & Elgin Ry.—Files With SEC—
letter

PRESENT

$1.59

Earnings per com. share
—V. 179, p. 1931.

A

under

5'/2%:, maturing 1 in

to

stock,

Series

Metropo itan

1054—Month—1953

income

are

*$1,500,000

demand

on

Preferred

The

Earnings—

Rv.—April

Ohio

Period End. April 30—

Gross

TO

EFFECT

—

preferred

Link,

&

GIVING

instalments to

monthly

Fusz-SchmelzJe

Chesapeake

stations

two

same

of last year

next

Co., Inc.—Sales and

of

construction

due

First

and

,

8

new

(including $300,178.83
guaranteed by the company) and $67,088.95 by the company. Principal
instalments due
within
12
months
from
March 31,
1954, aggregate

manufacturer

corporation,

in

770.11

Cherry-Burrell Corp.—Sales and Earnings Higher—
beverage

Six

in 1949 to more than $36,000,000 in 1953.
refineries and| water transportation facilities are
adequate to hande both present requirements and planned

and

Notes

a

sales

reported by

the

equipment, will formulate feeds in pellet crumble and meal form.
'

Illinois.

mortgage notes and land con¬
tracts bearing interest at rates vary¬

stated

Soya,

follow

to

conditioning equipment,

$22,000,000

(issuable

the new cor¬
poration will have three functions—soybean processing, feed manufac¬
ture and
grain storage.
"Since the introduction of Master Mix con¬
centrates and complete feeds to Southern producers in 1947, there has
been a growing demand that called for greater production capacity."
A soybean solvent extraction plant designed by
Central Soya tech¬
nicians, will convert soybeans into soybean meal for use by the com¬
pany's feed division, McMillen Feed Mills, in making poultry an<jl live¬
stock feeds.
A modern feed manufacturing plant using |,he latest type
founder

the

tFirst

Tenn.

McMillen,

Southern

in

varying instalments

site

67-acre

a

Chattanooga,

W,

by

leased

the
the

hew

ing from 3',2%

begin

to

is

owned by
company from

stations

Chicago area and ten additional sites have been
market.
The company's operating income has

the

1S58

1,

home offices are in
a
new plant within
the Tennessee River, north¬

Coleman
Net

been

note, secured by various mortgages,

due

Mills, whose
construction of

McMillen Feed

and

four

in

that,

company's

5%

New Plant—

company,

land

service

Authorized

capita^.

To Build

which

on

The

CAPITALIZATION

borrowing

This

more

closely

more

expansion.

the
offering, together with $6,000,000
which is being negotiated'with private lenders by Goldman,
Bachs & Co. are expected to be used lor new plant construction and
additions to working
Proceeds

at

2026.

p.

of

in

modern

would have the
ten shares held.
from long-term

stockholders, who
additional share for each

made

land

located.

are

from

grown

With SEC—

27

be

to

1954

to

has one active subsidiary, Greenfield Land Co., a Wis¬
all of the stock of which is owned by the company.

Louis and

St.

shares.
The

31,

and

a large independent oil company in the mid-west
refine., and sells petroleum products both through regu'ar whole¬
channe's and its 160 retail outlets.
In addition, 27 new stations
under construction, eight in Wisconsin, three in Minnesota/ seven

and

filed a registration statement with the
99,000 shares of its no par common stock.
Goldman,
is expected
to head the underwriters of unsubscribed

company

scheduled

scheduled

expenditures include the construction of 11
substations, four to be completed in 1954 and seven in 1955.—V.

in Wisconsin on July 12,
founded in 1933 at Milwaukee,

was

corporar.ion,

selected

The

service

unit

Connecticut Light & Power

construction

Central Soya Co., Inc.—Registers

into

go

a total
of $63,000,000 in the next
and modernization of its electric service
the third 140,000-kilowatt turbo-generator
the Eastlake power plant, with a 203,000-

spend

to

The] corporation is

{). 947.

178,

shares

subsidiary,.

registration

a

March

subsidiary:..'owns

company

Exchange Commission—

statement with, the SEC on May
24, 1954, covering $5,000,000 of first mortgage bonds, series F, due
June 1, 1384, to be oflered for public sale at competitive-bidding. Net
proceeds will be used to finance a part of the cost of the Company's
1954 construction program. Const ruction costs in
1954 are estimated
The

to

midsummer,

incorporated

was

company

company

company

consin
The

Securities and

plans

expansion

on

By

Other

100."

Super

1263.

p.

the

the

of

its President, as a sole proprietorship.
The
1945, "Petco Corp.", was changed to Cl-irk Oil

on

branded

its

Emory T. Clark,
stock now offered,

proceeds

accurately describe the
identify, the company
gasoline sold at retail under the trade name "Clark

Corp,

of

with

the City National Bank

York, tiustee, in New York City, or at

will

kilowatt

used

Clark,

since

name

business

1960.

of New

years

facilities.

Net

company,

common

net

of the

by Emory T.

corporate

Payment, at the principal amount plus unpaid accrued
interest to the redemption date, will be made at the office of The Bank

1,

the

of

The business

1934.

corporation has also called for redemption on July 1, 1954,
principal amount of 3V\% debentures (issue of 1947), due

The

the

with

agreement

Wis.,

$616,000
Aug.

two

anticipates that the funds to be expended for capital
1954 will be available from net earnings and depre¬

BUSINESS—Corporation

Trust

&

to

company

the $1,500,000 loan, made March 30, 1954, were
funds of the company to provide additional work¬

maining 50,000 shares of

Corp.—Partial Redemptions—

Celotex

the company from
50,000 shares of series A

seller of the re¬
shall pay to the
be sold by him
$228,083.59, plus interest, to be applied upon his notes to the company.
This will reduce his obligation to the company to 50% of its present
balance and further augment working capital.
By

179, p. 1718.

The corporation
of its 15-year

through. 1955.

company

Sales—

company

-

The

Net

ciation.

,—

for preferred stock dividends.—V.

providing

of

improvements in

5,844,954

(on

outstanding)

expected to be sufficient to finance our current construction

are

program

...

realized by

be

to

'

ing capital. None of the proceeds of the loan were or are to be
in the contemplated capital improvements in the year 1954.

°5,359,041

1,074,027

income

on

proceeds

shares of common stock and

added to the general

$28,971,685 $44,516,830

sales

net

-i

4;.;*

preferred stock will be added to the general funds of the
provide additional working capital.
... •»',

1953

1954

3 Months Ended March 31—

share

per

accrued. dividends.

plus

case

its sale of 50,000

Earnings Decline—
Net

issue

annual

an

reducing on Jan. 1, 1957 and bi-annually thereafter in steps of 25c
share until a price of $20.25 is reached on and after Jan. 1, 1961,

in

Subs.)—

Domestic

(&

is convertible at par into shares of
of common stock; is entitled to the

stock

preferred

stock

of

PROCEEDS—The

Celanesc

there has been no quoted market thereon.

and

closely held

per

feet under

770,000 square

shares

sinking fund designed to retire the entire issue
through-purchase, x-edemption or conversion at the rate of 2,500 to
4,000 shares annually during the period
19.56 to 1969 inclusive; is
redeemable for sinking fund at $20.25 per share plus accrued dividends;
and is redeemable in whole or in part at the option of the company
on any dividend date
at $21 per share to and including Dec. 31, 1956,

tractors and also serves as
for the company's entire
operation employs approximately 650

total

the

50.000

series

benefit

parts for the company's line of track-type
a
regional storage
and
shipping center

Currently

and

common

parts service to its eastern and export customers and
expansion of its manufacturing faculties, have
aciu vtu rcCjnuy
by this company, with the opening of its new plant at York, Pa.
The dual-purpose facility at York manufactures certain replacement
Improved

line.
people.

May 26

50,000 shares are authorized but unissued
are
outstanding shares presently owned by-

stock,

common

been

has

parts

on

stockholder.
A portion of the proceeds from the sale. of
shares by the selling stockholder will be applied to reduce his obliga¬
tions
hem by the company.
Prior to this offering the common stock

—V.

Caterpillar Tractor

and Common

Co. and associates

7

selling

Canada.

Western

the

Of

Canadian independent oil and gas producing company

firm is a

This

$1,209,658
203,706
344,953

expenses--—.—

Refining Corp.—Preferred

&

publicly offered 50,000 shares of $1.20 cumulative con¬
vertible preferred stock, series A, at par ($20 per share),
plus accrued dividends, and 100,000 shares of common
stock (par $1) at $6.25 per share.

1952

production—-.—$1,478,375
192,011

oil

after

Oil

Shares Offered—Loewi &

Earnings

1953

Calendar Year—

Sale'.of
Loss

—

Improvement—

Show

(2367)

Number 5329... The Commercial and Financial Chronicle

Volume 179

$40,704,000

capital

of

petitive
1S89,

share

March

increased from 3,342.308 to 3,343.1954, with sale of 1,475 shares under the Employee
%•. ■
%

15,

FINANCING—On

May

4

the

Net
Other

operating

9,640.755
15,407

21,936.183

9.656.162
827,597

22.654.593
4,262,547

12,074,054

8.828,565

18,402.046

$3.28

$2.40

$5.00

13.204,480

revenues-

47,003

income—

sold through com¬
bonds, 3% series due

Gross

income

„_

—

Income deductions

.

The proceeds of this

Net

Income—,

Net inc. per sh.

13,251,483
1,177,42 9

—

company

$20,000,000 of first mortgage
money cost to the company of 2.976%

bidding

at a

$1.19

$1.21

718.405

shares outstanding were

Plan

NEW

$4,344,611

...

com.

—-—'.*■

(on 3,683,285 shs—

I

8

(2368)

The Commercial and Financial Chronicle... Monday,

May 31, 1954

,

—jjj-

Tol'.efson Elected

Universal

Director—

a

Decca
Everett
The

River

fill

the

A.

H.

Gas

Co.,

Co.

in

vacancy

Clark,

Co. and of
of Marietta, Ohio, has been elected a director to
the board resulting from the resignation of John

Tollefson,

former

President

Chairman

who rescued

of

on

On

Months

Ended

March

ly54

Other

(net)—_t

income

Provision

$4,442,317
856,003

$4,704,139

999,391

ry.

499,246

667,978

602,215

454,530

Net

ry.

Net

31,000

Net

metal

The
the

used

now

Income

fired

matically
The

electronics

hot

field,

and

lavatories,

of

plant

the

in

Crane

plant

new

has

Co.

Chattanooga.
mineral rights

at

titanium
The

is

It

the

into

its

uranium, cerium, and other
It

will

•when

be

the

a

will

the

is

Co.

mineral

values

further

of

turbines

to

be

aircraft.

announced

J.

Other

during

the

L.

Hplloway,

and

940,000

President of

Crane

suffered

months

nished

picture is expected

three

months

of

compared
1955

will

1954

the

to

$1,433,000

mark

sales

quarter

Crane

The

before
taxes

earnings

Go's.

taxes

STATEMENT

See

of

EARNINGS

OF

income_;

on

divs.

from

share

any

Net

;

—V.

for

computed
the

end.

first

as

ueduction

a

quarter

net

profit

earnings in

amount of

U»e

$66,0j0.—V.

was

178, p., 1876.

1954

1953

$19,269

Thomas

before

depletion

and

income

taxes

$10,269

*$45,513

23,425

41,894

is

quarter

helped

to

equcl to

ended

2140.

p.

annual

even

earnings

Weston

on

May

Daystrom

will

in

be

part:

"Sales

considerably

for

higher

system

point

a

Stock

deliveries

which

to

will

the

probably

Insurance

March

Co.

<-6

request

for

the

e

tenders

55.0^0

sh^re

issued

was

Da'-'-trom

•

May

on

stock

and

11

not

ask

to

shareholders.—V.

179,

for

additional

tenders

of

stock

2140.

p.

consolidated

of

balance

$1,395,540,

This

tion

at

S.

and

Canadian

$189,595.

The

shows

$240,615

Government

ratio

of

current

cash

and

bonds

current

at

assets

assets

$305,037

cost.

to

at

441,761

$220,392

—_

$266,761

$361,846

liabilities

ended

outstanding,

March

31,

compared
after

year

income

at

$0.27

1954

with

fncome

of

was

net

t-xes

paid to stockholders.—V. 142,

p.

$78 678, net income for the
$91,051 or
$2.08 a share of

income

of

of

$68,834.

$75,669

for

Dividends

of

the

fiscal
stock

preceding

$43 805

corporation

holders of
Decca

common

common

capital
at

the

stock

rate

of

of
in

2'/4

on

Mav

Universal

exchange
shares




only

heat

chemicals

and

presented

in

are

May

fiber—a

of

25

experimental
sirctly

as

textile

no

of

that

laboratory workers call it
this company for the first

by

20

make

pressures

quantities

tool

a

apparel

"Teflon"

a

by

lini lies,

possib.e

operational

for

at

industry.

It

envisioned

uses

"Teflon" fiber
was emphasized

present,

for

the

fiber

for

their

Decca

shares

stock

for

of

each

Universal
share

of

in

the

is

enjoying growing favor

announcement

on

May

19 by

this

a

as

corpora¬

addition

of a new line of silicon
carbide deoxidizeis for
hearth and electric furnace practices. Oddly enough, silicon
is produced from sand and coke in an electric furnace

silicon

carbide

is

made

Quebec,

in

Electro's

available

in

electric

own

different

furnaces

specifically for the deoxidation

Co. i(&

of

at

steel.

Subs.)—Earnings—

2 Mos.

End,

Year End. Dec. 31

income

taxes

1952

$56,720,639

$50,800,191

93,624

3,978,628

2,900,127

1,930,000

1,350,000

$93,624

Federal

1)53

$7,012,322

1

sales

$2,048,628

$1,550,127

taxes,

income,,

on

income

Dividends

paid

declared—

or

In cash

—V.

136,7391

179, p.

for

540.645

twenty__

511,770-

634,305

T

stock—one share

606,045

1932.

Empire District Electric Co. -Earnings,
Operating

1954—3 Mos.—1954

of

this

Etc.

1954—12 Mos.—1953

$2,510,997

$9,893,794

2,106,930

8.009,727

8,181.97(F

48O 404

505.265

1.884.067

1,Q99.518

98,536

117,248

415,255

550,471

$390,868

operating

$2,612,195

2,021,593

$388,017

$1,468,812

$1,449,047

$0.57

revenue

$0.56

$2.12

$2.09

taxes___
revenue

_

Int., etc., charges (net)
income
per

share

com.

stockholders

$10,181,488

April 13 approved an amendment to the com¬
incorporation increasing the
authorized
common
stock to 1,000,000 shares ($10 par value) and the authorized cumula¬
tive preferred stock to 120.000 shares ($100
par value).
pany's

articles

May 4,
and

ance

1954,

sale

which

was

Corp.

sold

such

for

material

H.

to

sale

used

a

Walker

Co.

&

entire

added

was

through

the

issu¬

of 4%'/(/
cumulative
preferred stock
of underwriters headed by The First Boston

$3,000,000.

With

p.mount

The

to

construction

$4,000,000

shares

group

the

received

company

40,000

to

retired

amounting

the

of

and G.

company

on

of

the

the
its

of

balance

proceeds

of

such

sale,

the

outstanding bank loan notes,
the

of

companv's

purposes.—V.

at

fiber

du

expands

Pont

and

in

the

such

"Teflon"

uses

forms

Fairmont Foods <>.

plastic molding

as

impregnated

glass

fabrics

proceeds

received

funds

corporate

179,

from

will

and

be

1932.

p.

(& Subs.)—Highlights of Year—

Year Ended February 28—

and

1611.

p.

1954

*'r

V

*'"• ;

.

other

-V

•

•

.

filed

28

registration

a

stock

1,

statement

with

the

($50 par) and $16,000,to be offered for public

1984,

bank

of

has

issued

1954,

pursuant

thereof
to

pay

to

of

portion

a

the

of

such

and

sell

Bank

&

short-term

of

intends

and

prior

to

notes

of

book

7

SELECTED

preferred

stock

and

bonds.—V.

179,

special

meeting

of

stockholders

the

held

U.

S.

government

Inventories

approved
an
amendment
to
the
providing for (a) The recapitalization of

vertible

$5

preferred

preferred

share

stock

of

stock

stock

the

for each

the

and

into

shares

shares

of

of

the

shares

convertible

basis

preferred

new

share

outstanding

cumulative

of

of

16,

articles
the

$1.50

to

1953,

of

con¬

basis

the

on

in¬

outstanding

cumulative

stock

common

share

one

said

$4

of

five

and

shares

stock; and

preference

stock

preference

new

share

amendment

178,

stock

$5 preferred

of

lb!

into

preferred stock and shares of

stock for each

1954.—V.

to

of

the

Article

stock

of

common

recapitalization
shares

and

$1.50
on

shares

20

$4 preference stock.

of

stock

of

common

|

7th

became

effective

corporation

consolidated

with

solidated

compared

178,

with

to

May

net

reports
sales

was

Associates—Earnings Lower—
for the

and

$5,392,184
a

12

months

operating
the

before

income

ago.

ago.

deducting 4'/>%

pared
—V.

the

Earnings
with

179,

p.

balance
per

$1.58

1264.

preferred
was

share

per

1953

$6,573,643

4.362.864

7,849.788

8,713,299

15,482.773

15,202,272

14,857,570

_rJ_

;

15,391,088

5,315.000

and

5.770.008

25,687,707

Investment
1568

25,427,903

2475.

Fedders-Quigan Carp.—Partial Redemptions—
This

corporation
A 5%

ferred

stock

announced

preferred
will

be

on

The

of

business

be

to

for

June

called

Trust

for

Co.,

7,

prior

the conversion

share

redemption

price

for

is

conversion

agent,

June

on

redeemed

8,

1954.

is the

The

close

of

1954.

to but

series A shares

series

the
pre¬

sinking

redemption will be selected by lot by the

redemption

determining the shares to be

The shares of each series which

vertible

The

of

series 5xk'/c

accordance with

par ($50 per share!
pjus accrued dividends
including the redemption date.

1954 to and

Midland

date

record

shares

2.217
1953

the

1954 in

each series is

on

shares

Marine

the

13,

that

27

May

stock and 635 shs.

redeemed July

requirements applicable to each series.

from May 28,

is

not

after

convertible

3:30

price

per

selected

for redemption are con¬
(EDTi on July 9, 1954. Each

p.m.

into 4.206806

price per share of
convertible

are

into

3.511605

of

share

shares of

stock

common

is

shares

common

stock

is

stock

common

$11.8355.

of

Each

and
1953

stock

and

$14.2385;—V.

179,

common

1720.

of

April 30,

The1

1954

to¬

$137,127,600,

com¬

Total

con¬

last

year.

taxes

and

other

items,

Manufacturing & Engineering

to

of

income

taxes,

$5,207,494

share

dividends

$2,999,069
common

for

the

and

the

net

the

at

State

compared
stock

12

has

same

income
time

to

months

tax

refund

$4,080,438

amounted
ended

to

a

$1.16

April

30,

re¬

year
com¬

1953.

corporation

taken

title

Emerson Place,

development
pected
the

,

estimated

compared

ended

revenues

period

same

year

including

$4,124,991,

28

Corp.—City to

Acquire Property—

for

$6,004,435

charges

$37.34

3,

year.

quirements,

FEB.

AT

;

p.

Federal

$155,426,904

income

all

ITEMS

securities..-

equipment
debt

series

p.
on

$0.45

' $37.78

capital

Stockholders
—V.

of

1159.

p.

Eastern Gas & Fuel

pared

stock

SHEET

and

Long term

^

one

BALANCE

:

working

fund

Nov.

on

stockholders

of

common

1954

be

2247.

p.

88.7,475

401,972

^

$1.05

$3,466,750

the shares

the

share of

per

stock._

common

Cash

current construc¬

Duquesne Natural Gas Co.—Recapitalization Effective
At

share of

value

-

2,135,418

1,303.102

Pro¬
to

are

proceeds

sale

soclaL security)—!.

June

notes.

exempt

$10,00,000 of
the company's

of

cost

issue

National

program, estimated at $32,000,000.
The company also intends
retire
all
of
its
outstanding short-term notes out of the
the

17,388,477

753.633

per

Net plant

$9,000,000

$2,825,000 ol

additional

to

Mellon

to

exemption,

an

the

notes

outstanding

additional

an

and

authorization

SEC

has

:

;

.

short-term

company

issue

to

received

unsecured

The

Net

Net

Approved—

company

17,234.836
1,974,162

1

Income

Earnings

•

(except

.

118,863,295

t

taxes

$

104,843,414

loans

and,

Loan

Co.

Net

$

.

income

Depreciation

Co.—Registers With SEC—

May

on

1953

'

Net sales and

Light

$10,000,000 of
Trust

After

it is offering tb ' the
Co., Inc. 954,474 shares

that

Pictures

*$33,442

high temperatures.

The

new

before."

of

produced

179,

Bank

last

announced

154,375

$86,689

948.

p.

Pa.

the securities are to be applied to the
(expected to amount to between $19,500,000
togther with other funds of the company, to
finance construction expenditures. The company's construction
budget
for
1954
contemplates
expenditures
of
approximately
$32,000,000.

After

Inc.—Exchange Offer-

stock

to

$21,825,0001

amounts

Decca Records,

of $52,000)

Hazelton,

tetrafluoroethylene

were

1637.

*

itself

Oper. exp. and

competitive bidding.
proceeds of the sale of

Net

tal

taxes

the

of

Total

This

estimated

$0.04

C/T14.800

reflected

was

Net

$266,761

(after taxes

and building equipment in

"Teflon"

of

was

1.

After

1953

Nil

Period End. Mar. 31—

July

sale

I'abilit'es

income

1954

new product,
known as Electrocarb SP, is
grain sizes and helps purify the molten metal.

175,000

investments

Current

current

31,

States

1953

405,392

temperatures and

company

The
March

subject

$19,720,668 $21,303,377
201,483
*187,817

:

178,

stock¬
advised

(& Subs.)—Reports Loss

The

$12,607,853 $13,491,423
185,000

buildings

description

Duquesne
The

the

Co.—Earnings Higher—

sheet

including

by
is
be

not

United

.

Silicon
carbide, man-made abrasive,
chemical for steel production.

Net

certain

common

De Long Hook & Eye

will

share_____

Prov. for Federal

1954

SEC covering 120,000 shares of preferred
000 of first mortgage bonds, due

of

expect

;

the

Gas

company

2475.

p.

taxes_____

Profit before

Earnings-J-

31—

income

on

undreamed

corporation
more

under

178,

United

of

The

distribution

Wages, salaries and employee security costs

be

stock

common

Electro Refractories & Abrasives Corp.—Adds to Line

Net

credit of $141,454 is the "profit

evaluated

tapes.—V.

the

May 25 that substantially,

income

lots

cash.

the

Feb. 28, '54

above.

$0.22

land,

is I now

shares
on

small

receive

Period—

$0.15

the

year's."-''

last

approximately

to

''141,454

Development

of

of

stock.

common

income

'Profit.—V.

Name—

this

Received—

of

to

dividend

Cap-de-la-Madeleine,

du Pont de Nemours & Co. (Inc.)—Booklet—

there

shares

1.8

time.

which

Navy

24.

does

Weston

to

than

b". W- -♦ti

recently requested. The
expired

Said

15

1954

control

:lightly better

of

"ndered

May

on

of

—V. 179, p. 2037.

tion

31,

gunfire

Thi. corporation announced

This

Co.—New

——

elevated

at

used

probably exceeding < $60,000,000.
Earnings for
will 'be better than in any previous quarter of

bring

or

March

Increased

Tenders

of

var¬

Changed—

income

on

fur"—was

being

15,

President,

Share

opinion

locs

On

notes

710.

p.

Jones,

year

year.

fiscal

Ended

54,300

!

—

179,

last, year,

fourth

year

Fire

resi-tant

so

The

Roy

fiscal

to

mate¬

material.

papers,

of the
payable hi

approval

company

rate

has been changed to Dominion Insurance

Insurance

of

sale

Produced

$8,787

9,000

Daystrom, Inc.—Earnings—

7.3

Co.—Name

credit

"dragon

ceeds

were

base

assets

Wallace, Idaho—Earnings—

milled—..

ns

U.

fabrics,

Corp.—Semi-Annual

complete

fiber

earnings in the amountDuring the course of a year

1953 such adjustment

the

—

on

Net

time.

rrom

1954.

of

$0.55

of foreign

sale

their

regulations.—V.

per

before

Taxes

Earnings

281,000

$0.22
conversion

For the year ended Dec. 31,

rrom

♦Net loss.—V.

in

the

178,

3887.

taxes

(E. I.)

that

1,433,000

the

prefer

in

as

and

sales

179, p. 4.

A

:

The

this company

special

the

this

shares)

___

3954

laminated

of

of

asbestos
etc.—V. 179,

earnings

powder,

operating profit,
and amortization_____

from

textile

or

form

those

papers,

credit

'The
on

1,152,000

Quarter Ended March 31—

W' r

glass

the

kraft

earnings and special credit
Earnings per share on 976,023 shares:

1,233.000

Depreciation

than

and

converted

on

J...,'

to

that

income

in

Net

and

fiscal

with

include

-

payment

the

in

properties

its

earnings

Special

2,385,000

279,000

the

to

this

of

at

Electric Storage Battery Co.

In

934,000

providing

(auer

preferred

on

Day Mines, Inc.,

'

specialized

years

Dobeckmun

by

Earnings before taxes

382,000

English sub.)

exchange may fluctuate widely and the amount of foreign net
subject to change so that the- conversion adjustment computed
interim period is not necessarily indicative of the adjustment

deduction

t

many

p.

Months

Estimated

of

at the year

Net

for

of

151,

performance

661,000

been

has

us

1953

and

Three Months Ended March 31—

film

heat

excellent

properties

sales

552,000

from

English subsidiary

common

per

$57,000

Dry

strength,
these

of

this

known.

Fire Insurance

Dominion

Six
Net

fiber

adjustments has been made for

Net

dielectric
effect

that

In
a
booklet prepared
for distribution at the Basic Materials for
Industry Exposition in Chicago last week, the company's Textile Fibers
Department said "the unique chemical and physical properties of this

1954

■-No

;s

$661,000

1953.

of

31—

dividends

the rs.

to

compared

earnings of

Corp.

Exchange, this is equivalent

Bond

on

Elgin National Watch

com¬

year.-

.for

lor

period

same

100th

net

earnings

♦Earnings

assets

the

Figures for the first

$63,871,000

and

income^

on

(excl.

Dividends received

which

coated

name

Co.—V.

$63,871,000 $70,628,000

earnings

"'Net

1953,

_

Provision for
Net

has

materials

Dominion

January,
1954, the
improvement and a still

about

of

of
the

for

CONSOLIDATED

Net

law

The

month,

decided

the month of April.

lor

show

first

called

recently

Co.,

bad

a

shown

Three Months Ended March
Net sales

at

and

Special

In the construction field, indus¬
continuing at a high level. Some
are expected in
1954.

from

have

better

of

base

year.

Crane

building are
building starts

Co.

succeeding

$70,628,000 for
as

expected

are

Stock

would

taxation

deposits

good."

"very

residential

residential

While

two

coming

products

new

Gas

subject

stock

common

United

facilitate

counsel

Net

pany's long-term outlook
trial

important

to

who

by

Loss

thorium,

company

the

holders

tax

plant operations.
the electrical field

in

and
the

well

as

is supplied
supplement

to

Net

for

known

But

not

company

Mylar
rials

Hydro-Aire, Inc., a subsidiary acquired by Crane Co. in *1951,
is
making transistors as well as key items for jet planes. It has developed
a
new
fuel booster pump that prevents vapor lock in planes at high
altitudes and at high rates of climb, as well as a line of valves and
air

tensile

is

pilot

* e j

;

stockholders, as the company plans to arrange for
dividend agent to handle fractional share equivalents
stockholders.
It is also contemplated that arrangements will

made

$756,098

declared,

17

the

on

York

issued

carbide

production,

real

in

be

both open

determined.

are

high

resistance.

These

be

true

from

well

Duplan

Minerals

Heavy

\ ;

•

,

Vice-President.—V.

Executive

company's

for

$0.87

been

representing fractional shares of United Gas

to

of
of

President—

i

,

Share Co.—Dividend in Stock—

May

of

share

a

Mylar.

approximately 14,000 tons per year of the
combined total of the four major mineral elements. The company ex¬
pects to expand in this field as soon as the operation is soundly
and

Mylar

of

needed lor . pro¬

including

New

precision slitting,
coating and laminating of plastic films and papers, and is now able
to
apply these skills in making electrical insulation products from

to

components

cents

Net

already

products

earths.

rare

before

year

operation

established

is

shock

for

principal

cost

book

acquisition

share

common

Dominion

monazite

of

value

excess

the

over

date

2037.

p.

possesses

xormed subsidiary company—Heavy Minerals Co.—will
foregoing miners
int.; the four basic .groups and break

the

separate
down

per

179,

availability

made.

newly

at

the recently announced greatly increased
production capacity
Mylar polyester film by Du Pont, the wraps can be taken off some
developments at the converter level, it was announced on
May 17.
Many of these projects have been held back by the limited

sizable acreages of
dredging operations. These
operations will produce zircon and nunazite, and a substantial quantity
of
rutile
and
high-grade ilmenite, the raw
materials from which
suitable

subs,

'

the

deposits

in

assets

of

had

30,049

$0.84

amortization

With

being

obtained

mineral

net

This

|

cessing

11,250

$726,406

for

«• •*

«

interesting

for this plant will be 6,000 tons. By the middle
of 1956, the company predicts the investment in its titanium operation,
including working capital and inventories, will total $40,000,000.
Cramet Inc. has rights to mineral deposits in several locations and
can
itself produce one-third of
the titanium oxide

well proven

465,000

1,296,443
510,300

Jy

v

for
each 100 shares of Bond and Share;
The dividend
payable June 28, 1954, to stockholders of record at the close
business May 24, 1954.
At present market prices of United Gas,

the

be

1,202,656

—

Co.—New
•

.

Gas

on

of

production

Capacity

amortizaiton of

■

.

be

the

Dobeckmun Co.—New Developments—

auto¬

an

of

stock

Net

constructed at Chattanooga, Tenn.,
is ahead of schedule. The first half of the plant is expected to be in
production by October, 1954, and in full production by April, 1955.
new

1953

the

boiler.

water

titanium

lines

new

United
will

will

1954

'■ {

■

on

dividend

a

No scrip

Earnings—

30—

income

—V.

also will have launched. more new products—during
period—than at any other equivalent time in its 99-year

the

2,141,919

$22,674,325 $24,069,017

Earnings

These new and improved products include alloy steel valves,
oil field valves, water works valves, fuel booster pumps and gas tur¬
bines for jet planes, plastic tubing and lfttings, a new type of transis¬
for

4.638,701

2,390,475

consolidation

investments

history.

tor

4,478.406

2,887,458

taxes

their

company

1953-54

4.145,615

1,855,638

income taxes and

in

Allowance

aviation.

jet

in

SEC,

19,128,335

3,207,078

April

$0.49

into

entry

Ended

before

Net

its

19.510.247

sales

excess

Metals Fields—

announced

recently

company

17,932.151

1932.

p.

Months

Profit

field of im¬
portant minerals with the formation of a subsidiary company—Heavy
Minerals Co. Another subsidiary, Cramet Inc., is building the largest
pjant now an existence for the processing of titanium, the new wonder
The

income—

oper.

179,

9

$221,793

Earnings per share (on 450,000 shares!
—V. 179, p. 1478.

Crane Co.—Enters into New

16,218,941

■

Falvey

directors

56

337,000

$0.19

income

railway——.
railway

Diana Stores Corp.—Sales and

131,899

income

Provision for Federal and State taxes on

The

common

from

from

Mr.

Electric Bond &

$4,643,347

1,000,282

f

;■

.

Falvey has been named President to succeed the late Royce

1985.

1951

870,621

P.

Martin.

p.

1952

$3,962,185

railway

Auto-Lite
.

Corp.—Earnings—
1953

railway—
oper. income—.

Net

558,793

—

taxes

Electric
James

1954

from

Gross

17,624

9,123

128,835

$85,213

income

1954.

common

From Jan. 1—

$6,608,473
477,723

116,213

depreciation

for

Profit before

30,

from

}^P^APT

$5,179,920
524.103

Sales to customers, less returns, allowances, etc.
Selling, administrative and general expenses

June

on

outstanding

Net

(& Subs.)—Earnings—

31—.

expire

Net

Postponed—

—V.

Three

will

Universale

of

2247.

Delaware & Hudson RR.

proposed

Continental-Diamond Fibre Co.

offering

66.2%

owns
p.

April—

refunding issue of $25,000,000 first mortgage bonds,
this company on May 27 announced that, due to present market con¬
ditions, it has postponed the time of bids previously scheduled for
June 2, 1954.—V. 179, p. 2247.
its

179,

G.

Gross

Consumers Power Co.—Financing

The

common.

presently

stock.—V.

Gas

Board of the Hope Natural
May 1.—V. 179, p. 2247.

the

retiidiient ags

Gas

Natural

Hope

of

to

on

to

Its

main

program

begin

porting

H.

this

announced

plant

in

approved

the

Engelson,
said

the

by

immediate

city authorities toward

David

17

May

at

a

the

future

City

Steuben

for
Washington.
way

of

New

Street

York

and

234

housing and college
Negotiations are ex¬

a

between

the

company

and

financial settlement.

President
company

indefinitely while seeking a
mately 100,000 square feet.

that

199-217

Brooklyn, N. Y., to make

and

Chairman

of

the

Boated,

in

re¬

continue operating at the plant
manufacturing site covering approxi-r

would

new

Besides the main plant at Steuben Street, Federal has two additional
factories, located at Ninth Street and at Park Avenue in Brooklyn,
totaling approximately 125,000 square feet. Tlrese plants are not af¬
fected by the college-housing development.—V. i79f p.
1265.

Mar. 27,'54 Mar. 21/53
$8,407,000
$5,006,000

Weeks Ended—•

Net sales

1,689,000

1,232,000

907,000

before Federal taxes

Income

716,000

Provision for Federal taxes on income
V.\

1,7.

income

Net

"•

'

—V.

179,

taxes

on

income

for Federal

taxes

on

income

—

$782,000

$516,000

shares—

$1.11

$0.72

$0.35

income

Stores, Inc.

(& Subs.)—Earns.
52 Weeks Ended

May 2/53

May 1/54

May 2/53

£

May 1/54

£

£

'

£

Profit before Federal intaxes

come

7,087,835

6,751,895

Dividends

3,907,428

16,753,994

17,967,944

3,240,473

3,180,407

13,948,550

14,206,919

106,005

109,127

424,361

439,069

3,134,468

3,071,280

13,524,189

13,767,850

$0.87

$0.85

$3.75

$3.80

applicable to

♦Balance

stock _!

common

tEarns.

stock

pfd.

on

share

com.

per

for periods prior to the current quarter ended May 1,
as previously reported
to shareholders, except for Federal
income which are adjusted to reflect rates applicable to such

♦Figuri s
1954,

are

taxes

on

of

backlog

unfilled

orders

84,000

247,000

231,000

taxes—

69,354

50,909

202,871

152,483

operating income
after charges

$101,013
67,351

$104,272
76,874

$324,106
221,762

$288,675
206,100

Fram
The

'T

* Earnings per share of common stock are calculated on
average number of shares outstanding during the periods, which for
13
weeks ended May 1, 1954 and May 2, 1953 were 3,599,792

the
the

periods,

and

3,619,398, respectively.—V. 179, p. 1720.

—V.

179, p. 1933.

May 15 by Steven B. Wilson,

Chair¬

the Board and President.

Offered—Exchange Offer Made—An investment bank¬
ing group headed by Paine, Webber, Jackson & Curtis
and Stone & Webster Securities Corp., and including

EXCHANGE

being

are

shares

share

Van

last

for

sales

year

compared

$23,244,920,

were

to $1.60 a share in 1952.

compared

acquisition of the Warner Lewis Co.
of Tulsa, Okla.,
as a wholly-owned subsidiary,
and completion of a
new manufacturing plant of Fram Canada, Ltd., in Stratford,
Ontario,
should add to Fram earnings during 1954.
"We expect that our business will be at least as good as 1953, and
we
confidently expect to report higher earnings at the end of this
year," said Mr. Wilson.
This corporation is marking its 20th anniversary year in 1954.—
V.

also

Wilson

Mr.

that

reported

Lynch, Pierce, Fenner & Beane and J. D. Van
publicly 30,000 shares
($50 per share).

of 5% cumulative preferred stock at par

to
$21,044,094 for 1952—an increase of $2,200,826. The 1953 income after
taxes, which includes special credits, was $877,247, equal to $1.58 per
Consolidated

related

approved at the April 30 meeting of the board
Ferro, according to an announcement on May 28 by Mr.
was

of directors of
C. D. Clawson,

President.

of

■

Engineering Division of Ferro will take over the production
light, portable continuous kiln in which the Peterson Kiln

Allied
the

The Allied Engineering Division produces an extensive
and driers, and the addition of the portable continuous

specialized.

Co.

line

kilns

of

according to Mr. Clawson, will be a logical ex¬
pansion of its production of kilns and driers for the ceramic industry.
The complete line of kilns, including types formerly made by Peter¬
son,
will be made available to ceramic plants in the United States
through the Ferro Corp. in collaboration with its Allied Engineering
its

to

kiln

Gabriel

patent rights
Calif., which

PROCEEDS—The

will

be

Net

Earnings
—V.

179,

179,

2140.

p.

Walnut

Hundred

Fifteen

Philadelphia,
Off Mortgage—

1954

20,

insurance

company

1955. Upon repayment
mortgage payable due July 15, 1964 the
a
premium of approximately $15,750.
April

30,

in advance of maturity of the
corporation is required to pay

to repay the previous
pay off the bank loan, pay
and replenish the company's
working capital. Settlement for the new mortgage was made on April
30, 1954.
It Is expected that by June 1 the air conditioning of the
entire building will be completed and in operation and that additional
revenue from this source will be in effect.—V. 170, p. 303.

sales to

Income

financing

permanent

sufficient

was

Investors Corp., N.

filed a registration statement with
covering $5,000,000 of single payment
payment plans.—V. 179, p. 2247.
1954,

24,

Net

Income

—V.

Corp.—Preferred Stock Offered—Kid¬

preferred

R.

Wills,

$104%

stock.

mon

will

sold

be

BUSINESS—The

EARNINGS—'For

in 28,100

service

the

operating income was
CAPITALIZATION

square

population of approximately 950,000.
year

ended

March 31,

3%%

series
series

due
due

1954, consolidated total

$34,126,000 and net income was $5,548,000.
GIVING EFFECT TO PRESENT

Webber,

The
60

The

net

3V*'/e

series

due

series

due

1981

3%%

series

due

1982—

3%'

series

due

1983

(1954-56), 2% to 2 Vb%

series

4%

4.60%

series

4.75%

series

series
Common stock
4.40%

-----

-—-

—

-

♦Additional bonds

contained

the

in

may

be issued only in

Net

of new preferred stock set forth below:
,
Shares
Kidder, Peabody & Co
13,000
Hallgarten & Co
2,500
Merrill
Lynch,
Pierce,
A. M. Kidder & Co.—
2,500
Fenner & Beane
13,000
Laurence M. Marks & Co—
2,500
L. F. Rothschild & Co._—
2.500
Goldman, Sachs & Co
6,000
Shields & Company.
2,500
Smith, Barney & Co.——
6,000.
McCleary & Co., Inc.1,000
White, Weld & Co
6,000
Beil & Hough
500
Bear, Stearns & Co.——
4,000
Pierce, Carrison, Wulbern,
Hornblower & Weeks-—-—
4,000
Inc.
500
W. C. Langley & Co
4,000
Shaver & Co
500
Wertheim & Co
4,000
respective number of shares

Shares

-

——

—V.

Denver

1954

April—•

railway
from railway
ry. oper. income—

Gross
Net
Net

from

From

Gross
Net

—V.

1953

$1,609,935

$1,847,029

railway

railway

income—
279, p. 2140,
oper.

1951

1952

$1,926,361

347,509

575,803

217,590

1

Merrill
D.

7,968,886

8,271,456

Van

179,

2,491,481

2,630,007

1,874,824

876,733

1,110,176

1,180,647

733,778

Hooser

10,000

*

Lynch, Pierce, Fenner & Beane

—

8,000
2,000

Co

&

2141.

p.

General Telephone Co. of Ohio—Earnings—
1954—3 Mos.—1953

1954—Month—1953

Period End. Mar. 31—

136,650

261,471

241,140

of
be

will

detachable warrant, entitling the holder
stock at $10 a share at any time

a

common

into

convertible

stock at

common

the

rate of

taxes

income

taxes

operating

$118,042

Net

operating income
Net after charges-!

$113,506
80,710

85,633

—V.179, p. 1721.

the holder's option at any time until June

on

from

Federal

the

sale

debentures

the

of

be

(&

used

Bluefield

See

General

Telephone

above.

Co.

Redemption—

Corp.—Partial

Telephone

through the sinking fund
July 1, 1954, $346,000 of 4%
debentures, due 1964, at 101.65%,
plus accrued interest.
Payment will be made at the Bankers Trust
Co., trustee, 46 Wall St., New York 15, N. Y.—V. 179, p. 2248.
corporation has called for redemption

on

Subs.)—Earnings—
1953

1954

Southeast—New Name-

General Telephone Co. of the

share.

per

to

are

the

Federal

taxes

income

1,986,332

1,695,559
768,656

$1,275,864

608,573

$1.13

$2.1o

Georgetown-on-the-Aisle Club, Washington, D. C.—
With Securities and Exchange Commission—

710,468

$926,903

817,973

taxes-

.

—

outstanding at Feb. 28
—

applicable tax

credits

from

prior

Chairman

Blumenkrantz,

to

years.

the

of

The

revealed

Board,

that,

as

had

Sickles

W.

acquired

Kitchener,

of

of

Watt

Ltd., had been organized,

Canada,

Electronic

Products,

Joliet,

with

Ltd.,

a

he

said,

plant

in

III.,

Danielson,

and

customers

from

Elizabeth,

N.

for

domestic
Canadian

Conn.—to

Canada

J.,

and

the parent
Chicopee,

growth

of

business

are anticipated,
it was said.
28, 1954 reached $9,437,432, against
total current liabilities of $2,152,379.
Net working capital amounted to
$7,285,053 from $5,490,045 at the end of the previous year.
Cash and

Total

new

current

assets

bonds

Feb.

at

$4,836,715,

to

while

$3,889,729

were

compared

179,

at

inventories

end

the

of

exnenses

pay

of

letter

a

notification

of

its

with

SEC

the

of

operation

to

incident

club

theatre

a

members.

reduced to
previous year.

Acceptance Corp.—Private Financing

debentures

new

would

be

unsecured,

and

be

would

dated June

$150,000,000
of eight-year
debentures last
interest cost of 3%%. In June, 1953, it sold $150,sold

corporation

September
000,000

at

of

an

five-year

debentures

at

an

interest

2037.

cost

of

4%.—-V.

21

May

on

filed

registration statement with the
(par $2). Of the shares

a

100,00 shares of common stock

SEC relating to

to be sold by the company and represent
new
financing, the proceeds of which are to be added to the funds
of
the company,
and initially used to reduce current bank loans.
The balance of 40,000 shares
is to be sold for the account of a
stockholder.
Hornblower & Weeks is named as the principal under¬
registered

so

60,000

are

writer.
The

statement,

registration

as

filed,

sales

shows

and

net

income

quarter ended March 31, 1954, of $9,293,344 and $643,600 respec¬
similar figures for corresponding quarter of 1953 were $10,-

for

and

Motors

The

V.

$528,510.

stockholder

selling

179, p.

holder'of

Co.,

Machinery

is listed as The Motch & Merryweather
91,024 shares of the outstanding stock.—

1933.

Gladwin Plastics, Inc., Atlanta,
Clement A.

Ga.—Stock Offered—

21
shares of common

& Co., Inc., Atlanta, Ga., on May

Evans

publicly offered 149,500 additional
stock (par $1) at $2 per share.
PROCEEDS—The

179,

net

proceeds

to

are

be

indebtedness, for new equipment and expanded

|

"

J

General

Exchange Commission—

tively;

924.

p.

company

Co.—Registers With

Lewis Machine Tool

Giddings &
Securities and

were

the

1954.

The

p.

to

used

entertainment

This

Canadian
factories—in

production

four

substantial

—V.

be

for

Ontario.

Transfer

Mass.,

filed

21

May

on

the

of

which

Club

covering 200 shares of 6% non-voting, non-cumulative preferred stock
to be offered at $50 per share, without underwriting. The proceeds are

company's long-range expansion program, manufacturing
operations had branched into Canada. A new subsidiary, General In¬

Corp.—Cost-of-Living Index Revised

used to retire present
plant facilities, and for

working capital and other general corporate purposes.
The company
will open an office at 11 West 42nd St., New York, N. Y.—V.
179,
p.

2141.

■

.

The corporation on May 21

hour

per

in

announced a downward revision of 1 cent
cost-of-living allowance
to
approximately
400,000

its

hourly-rate employees

of-living
The

resulting from

a

decrease

in

the

nation's

Approximately
equivalent

an

Thus

period

effective

cost-of-living

with

the

first

allowance

for

hourly-rate

decrease

their

eligible

107,000

in

total

salaried

their

pay

employees

also

will

receive

quarterly

cost-of-living

cost-of-living allowance of
allowance for the three-month

next
on

the

July 15

it

will

their

the

cost-of-living allowance will be in September,

with its wage adjustment

effective

rates,

employees.—V.

This corporation,
had

chain

May

formula, GM announced

This increase, made under
the formula, is a part of the

10f

179,

p.

are

to go to certain selling stockholders.—V. 179,

Globe-Wernicke Co.—Quarterly Earnings—
Earnings before Federal income
Federal

income taxes

Net

179,

p.

1159..

,

$28,062

117,799

$13,470

—

$189,998

14,592

—Li.

earnings

—

$72,199

1

_■

The

decision

quarters of
eral

V.

and

outlook

that

178, p. 1778.

the

$13.06

and second
made in consideration of the fact that the gen¬

pay

1954 was

business

certain

to

$0.20

$12.98

Earnings per share on common stock
Book value per share on common stock

Corp.—Acquisition—Buys Chain—

and three restaurants doing an annual business

1953

1954

taxes—:

—

.

2141.

formerly D. A. Schulte, Inc., on May 20 announced
of the capital stock of the Ford Hopkins Co., a

drugstores

$16,000,000.—V.

proceeds

Three Months Ended March 31—

29.

acquired 100%
of 53

net

2248.

index.

"improvement factor" provision of
employees' rate and will not fluctuate with the quarterly cost-of-living
adjustments.
Corresponding increases also will be granted eligible
salaried

p.

grant its hourly-rate employees a 5-cent-per-hour increase

hourly

underwriters headed by A. C. Allyn

Co., Inc. and First Southwest Co., and including H. M.
Byllesby & Co., Inc., Equitable Securities Corp., Straus,
Blosser & McDowell and Thomas & Co.
&

The

review of

Also in accordance

it

(par $2) was publicly offered on May 27 at $11.50 per
share by a group of

will be $30.

The
based

GliLsch & Sons, Inc., Dallas, Tex.—Stock
issue of 170,000 shares of common stock

W.)

Offered—An

becomes

the

in

decrease

period after June 1.
These employees, therefore, will receive a total hourly cost-of-living
allowance of 6 cents per hour for the months of June, July and August,

$5.

(Fritz

cost-

index.

1-cent

employees

6,926,635

1,803,212

Corp

$336,854

Paine,

by

150,595

7.065,780

Securities

Webster

&

10,000

Jackson & Curtis

Webber,

Stone

$355,927

carry

General Stores




Shares

Paine,

245,000

headed

group

1959.

income

♦After

411,548

498,273

271,960

$1,760,090

are

162,250

the

190,671

Jan. 1—

from

from

Net rv.

R^.—Earnings—

the below-named underwriters, who (subject to
under a firm commitment to take and pay for

through

conditions)

securities:

$32,502,305 $30,407,530

Abraham
part

in

Fort Worth &

such

Other

income

that

179, p. 2037.

per

shares of the new preferred are

45,910 /

underwriting

an

Curtis.

i

—

being offered
certain

30.000

54,097

through

Earnings per share

accordance with restrictions

UNDERWRITERS—The purchasers have severally agreed, subject to
ftie terms and conditions of the purchase agreement, to purchase the

and $51.50

through May 31, 1959

dividends.

$1,903,274
1,184,770

Instrument Corp.

before

Shares

shs.

mortgage.

.

$52.50
share thereafter, plus

preferred stock is redeemable by the company at

277,000

sales

The

shs.
shs.
shs..
shs.

46,000 shs.
111,214 shs.

46,000 shs.
200,000 shs.

.

Files
1

15,

40,000
!
40,000
80,000
—_——_—75,000
(par $7.50)
5,000,000 shs.
2,325,570

108,000 shs.

series i__

value!—

par

85,000

Fiscal Years Ended Feb. 28—

1,055,000

—

—

In

par)_,_—______

83,000

1984,

corporation plans to sell to institutional
investors $100,000,000 of five-year 2%% debentures, ac¬
cording to a notice of application filed with the SEC.

"500,000 shs.
M

pfd. stk. (par $100) issuable in ser.

$3,500,000
1,800,000
1,000,000

$2,126,776
1,331,599

1,

Planned—The

15,000,000
1

$3,235,000

(no

5%

new

1933

issuable

($50

stock

876.701

10,000,000

——

Outstanding

$50,000,000

$648,224
403,808

General Motors

14,000,000

FINANCING

PRESENT

Authorized

L

UNDERWRITERS—A total of

2140.

4,000,000
8,500,000

———•

preferred

.

accrued

general working funds of the corporation
and may be used for expansion of its regular lines of business."—V. 179,

♦Federal

TO

EFFECT

444,703

increase

General

GIVING

$699,842

proceeds
to

1954 total operating

$648,938.

was

1982

due

(cum.,

share

per

registration

a

$16,500,000

1974—

3%%

Serial bank loans

file

to

$4,000,000 issue
with warrants to

a

1, 1964. The initial conversion price of the common is $16%

principally

income

Operating expenses

debenture,

per

plans

announced

covering

due June

will

debentures

shares

Corp.,
At March

Kentucky.

in

Operating revenues

shares

10

$2,-

at

v/

.

of convertible
purchase com¬

and

prior to June 1,

$2,546,438

Outstanding

1974
—,
1978—————-—

Cum.

5%

Corp.—Plans Financing—

has

SEC

par

debenture

purchase

V'///': V

filing is made effective by the Commission, the issue

the

Jackson

Each

government

FINANCING

Authorized

•First mortgage bonds:

27/a%

& Light
miles of Florida and

and its subsidiary, Georgia Power

company

electric

provide

the

at

company's

Southern Georgia with a

President,

If

$24,030,000 in 1954.

Co.,

series

stock

—V.

capital debentures,

strument—F.

the

of

series due

J.

with

proceeds of the issue will be used by the
company
to redeem presently outstanding shares of cumulative pre¬
ferred stock, 4.90%
series and the balance, approximately $4,000,000,
will be used for construction which will require expenditures of about
PROCEEDS—Part

$0.60

516.

p.

General Acceptance
IF.

Net

stock is callable at prices ranging from
share prior to May 15, 1959, to $102 after May 15. 1969.

per

2,179,888
$0.75

outstanding

share

per

179,

statement

the SEC on
and periodic

Merrill Lynch, Pierce, Fenner
& Beane jointly headed a group which on May 26 of¬
fered for public sale 75,000 shares of 4.40% cumulative
preferred stock at par ($100 per share) and accrued divs.
new

shares

preferred

new

1980

The

der, Peabody & Co. and

The

$1,627,431

subsidiaries—

of

Income

Common

Profit

Florida Power

4,597,702
2,766,400
203,871

2,251,888

in income

Y.—Registers With SEC—

corporation

The

188,230

3,328,004
1,778,800|

Income

on

net

bonds—

3.80%

1953
$28,454,345 $29,734,645

$1,360,974

taxes

the

1954

customers—1

interest

and

series due

Pfd.

$0.22

(& Subs.)—Earnings Lower—

taxes on Income and minority interest—
for

1954.

of

General Telephone

of

communities

*

Common

(Robert) Gair Co., Inc.

p.

May

$0.11

Quarter Ended March 31—•
Net

to

mortgage
($1,100,895 at Dec. 31, 1953),
for the entire cost of air conditioning

First

$121,184

Street Corp.,

the corporation entered into an agreement with
under the terms of which it was permitted to
borrow $1,575,000 at
any time prior to May 4,
1954. The loan is
secured by
a
first mortgage on the land.i buildings and equipment
owned by
the company and will be repayable over a period of 15
years in quarterly instalments of $29,532 covering principal and interest
at the rate of 4%%>,
with a final payment of $594,195 at maturity.
At settlement $300,000
is to be withheld by the insurance company
from
the new loan until the completion of the
air conditioning of
1500
Walnut Street
which the corporation agrees shall be on or
Jan.

This

131,283

share

The

dealer.

soliciting

as

sale

months ended March 31,

12

$4,979,968

were

mortgage

The

Provision

Pa.—Arranges Private Financing—Pays

before

68,626

398.

p.

Minority

en

3%

products,

Division.—V.

On

First

$63,348
common

per

subsidiary

a

in 23

1

1953
252,467

income

Net

act

the

from

the cost of construction estimated

company,

telephone service

preferred

5%

of

par

1954 the company served 64,375 telephones in this area.

$5,578,960

taxes

will

$100

:'U;/

BUSINESS—The

31,

131,974

Federal

for

Ky.t

proceeds

part of

pay

3.95%'

Provision

net

CAPITALIZATION

taxes

fcr

1954.,

in

provides

$5,020,087

before

shares

company's

stock,

•

1954

sales

Income

to

used

635,000

(& Subs.)—Earnings—

Cq.

Quarter Ended March 31—

new

1954

Lexington,

EARNINGS—For the

1

I

corporation has concluded the acquisition of the
assets of the Peterson Kiln Co., Los Angeles,

This

1,

Co.,

the

for

preferred

exchange offer expires at 3 p.m (CDT) on July 1,

revenues

and

&

the

of

June

to

Hooser

16,000

8,000 outstanding
value, on the
preferred and $4 in cash plus accrued
each share of 5.2%
preferred.
J. D.

exchange

in

cumulative

shares

two

dividends

additional

OFFER—An

offered
5.2%

of

of

basis

179, p. 1611.

Corp.—Continues Expansion—

Fcrro

Kentucky—Preferred Stock

General Telephone Co. of

Merrill

history

the highest sales level in company

attained

it was announced on

operating

Hooser & Co., on May 26 offered

Corp.—Reports Record Sales—

corporation

of

man

taxes

Net

at

1/.i/' A;-v

757.

p.

3,511,422

taxes—

income

$2,121,016
1,448,858

81,000

income

$0.86

March 31, 1954, amounted to
$80,988,000 compared with $76,466,000 on Dec. 31, 1953. Unfilled orders
of the company's normal product lines at the end of the March quarter
were
$11,785,000 compared with $11,478-000 at the year-end.—V. 178,
Total

32,174,863

30,702,544

$2,254,244
1,480,267

Federal

Net

stock.

available to common

share on com. stock outstdg. Mar. 31

during 1953,
Net

$2,581,608

$0.91

.J;

'

-

income

•Federal

161,113

$2,738,205

dividends

Preferred

108,052,296 106,175,605 480,725,985 457,018,961

sales

retail

159,538

$715,693
476,512

$765,997

revenue

Operating expenses

$2,742,721

$0.35

13 Weeks Ended

Net

3,766,826

$2,897,743

-

Net Income

Federated Department

2,760,982

1954—3 Mos.—1953

1954—Month—1953

514,630

Operating

Other
Net

Earns, per
-

$49,024,690 $54,064,837
5,658,725
6,509,547

—

Federal

before

Provision

516.

p.

(net)

Profit

'

:

Earnings per common share—700,000
Dividends declared

Sales

Period End. Mar. 31—

1953

1954

Quarter Ended March 31—

9

Co. of Indiana, Inc.—Earnings—

General Telephone

Chemical Corp/ (& Subs.)—Earns.

Food Machinery &

(& Subs.)—Earnings—

Federal T*aper Board Co., Inc.
12

(2369)

Chronicle

Number 5329... The Commercial and Financial

Volume 179

no

for

common

1954,

company

at

dividend

least

must

in

for the first

the

conserve

early months, is un¬
its working capital.—
.

.

10

The Commercial and Financial

(2370)

Gold
The

SEC covering
cents

to

May

on

filed

19

letter

a

without

incident

expenses

The

underwriting.

mining

to

with

outstanding first mortgage bonds, 4 Va % series due 1983, at the
redemption price of 104.15% of principal amount plus accrued interest,

the

at

par

(50

to

be

notification

of

100,000 shares of common stock to be offered

share),

per

pay

of

Producers, Inc., Winnemucca, Nev.—Files—

corporation

proceeds

development

are

and

the

to

company's construction program and
$1,300,000 of short-term bank loans made for

used

Bids

exploration.

the

22

The

it

of

The

tires,

patent

granted

tubeless

announced

was

most

on

to this company, covering another basic
been issued by the U. S. Patent Office,

has

tires,

May 17.

Services.

Inc.,

11

Pine

20

(EDT)

a.m.

New

St.,

Oper.

June

on

Yorx

other

5.

without

City

of adhesives.—V.

use

Steel

179,

sales

Federal income

before

1953

Sales

$1(3,482,859 $21,796,409

——

taxes—

1,550,186

2,786,746

(est.»—

Cr378,000

saving resulting from accelerated
for future income taxes

Portion of tax

previously

as

1,180,000

823,000

$748,186

$0.76

taxes

income

1954

—

♦Based

on
1,547,064 common shares outstanding at March 31,. 1954,
deducting preferred dividend requirements for the quarter ended
31, 1954 amounting to $166,867.—V. 178, p. 1778.

after

March

Building, Inc., Pittsburgh, Pa.—Registers
Securities and Exchange Commission—
This corporation

21,

1954,

offered

for

of

record

registration statement with the SEC

a

shares

22,069

of

its

$1

the

on

common

date

basis

of

class

or

new

one

A

Federal

of

and

subscription

price

is involved.
will be used

Net

company,

due

1,

outstanding.

the

bonds,

April

1957,

to

now

be

to

are

proceeds,

retire

for

share

each

record

supplied

by

$403,100 of

funds

other

collateral

Such bonds

five

The

date.

amendment.

with

together

the

and class A

common

the

on

trust

callable

are

100% of principal amount and accrued interest; their redemption
retire the entire funded debt of the company.—V. 156, p. 352.

Great Consolidated

Electric

Power

Ltd.

Co.

be

to

at

will

Partial

—

Dillon

Read

&

Co.,

New

York City,

fiscal agent, has selected for
redemption through the sinking fund on July 1, 1954, $45,500 of the
utility company's first and general mortgage 6%% sinking fund gold
bonds, due July 1, 1950 (extended to July 1, 1960), Payment will be
made
at
100%
of
the
principal amount, plus accrued interest to
the

redemption

date.—V.

179,

as

5,

p.

1,120,022
$373,026

___

1

8,347

deductions—
for

2,012

$295,102

$375,033

28,392

27,617

$266,710

$347,421

——_

Fed,

income taxes—

International Business Machines Corp.—New Machine

1953

478,306

with

378,700

255,200

electronic

$328,537

$221,106

A

thereon)

52,978

52,978,

and

$381,515

State

taxes

received

Net

$274,034

34.000

34,232

193,510

232,212

$0.45

$0.31

income—

011

(less Federal

taxes

earnings

Preferred

dividends

Common

Earnings

per

paid

dividends

—V.

178,

The

paid

declared—

or

share

com,

declared

or

toward

move

the

the

"electronic

presentation
data

by

this

processing

office"

impetus

gained

corporation

machine

its

of

before

May

on

24

"702"

type

new

.salesmen

1,300

gathered

York for the company's annual sales convention.
high-powered electronic automation, whose specialty is arithmetic
logic, the "702" was the star of a closed-circuit, big-screen tele¬

(after

*.—

dividends)

pfd.

Becker

underwriting

terms

be

to

are

by

supplied

block

of

13,124

owns

by

shares

53,124

is

be

to

shares;

Laurens

and

Hammond,

sold

by

Edward

block

third

a

President

and

be

shares;

*

The company is now engaged
of
various types and has
the

manufacturer

in

31,

March

history and

the

United

1954,

States.

$3.35

Net

largest

the

fiscal

the

in

The

on

the
ever

begin

broken

brain"

until

all

early

previous

next

records

Almost

class..

all

of

organizations which plan to use the
statistical work common to large

and

accounting

-

The

machines,

amount

the

depends

1

will

702's

Type

be

the

quantity and
installation it might

upon

supplied, but in a typical
neighborhood
of $25,000
per
month,
with maintenance
replacement parts included.—V. 179, p. 1722. ,

and

Securities

has

Co.—Notes

placed

privately

Sold

Privately—The.
of $5,000,000

issue

an

senior notes dated May

year

Iowa

common

Sold

Electric

Light &

Privately—The

Power Co.

it

Preferred

—

announced

Stock

May
27, has arranged the direct placement through The First
Boston Corp, and G. H. Walker & Co. of van issue of
120,000 shares of 4.30% cumulative preferred stock (par

has no funded debt or preferred stock, capitalization
solely of 746,608 shares of $1 par common stock which is
the American and the Midwest Stock Exchanges.—V.
179,

1612.

Y.

N.
be

to

system

10, 1954, and due May 1,
1969, through Stern Brothers & Co., Kansas City, Mo.,
was announced on
May 24.—V. 176, p. 426.

company

listed
p.

said

it

stock.

consisting

to

has

"giant

units

Interstate

company's

outstanding

the

on

IBM

of

the

3%%

-

for

income

the

share

per

business

customers.

company

be

to

62,370

owns

in

service

primarily in the manufacture of organs
largest volume of organ fcales of any

$2,499,409,

was

equivalent to

is

shares

who

the

accounting

is

■

scheduled

orders

in

it

processing

,

Andrews, director,

F.

11,500

of

the

other
to

combination

amendment.

Director,

of

Poughkeepsie,

use,

data

offices.

Like
rented

nine selling stockholders, who own in the aggre¬
gate 223,758 shares. The largest single block to be sold consists of all
of the 66,930 shares held
by the Estate of Mildred Hammond. Another
who

from

are

■

.

not

are

in

busineess

commercial

number

equipment

for

business

The prospectus lists

sold

orders

laboratories

for

up

/

the

electronic

these

public sale through an underwriting group headed by A. G.
Co., Inc., and Hornblower & Weeks.
The
public offering

price and

engineering

ground
flexible

deliveries

already

machine

May 24 filed a registration statement with the SEC
114,954 shares of its outstanding $1 par common stock, to be

&

the

most

Although
year,

company on

covering

IBM'

from

and

devised.

Hammond Organ Co.—Registers With SEC—

offered for

the

from

Designed
fastest

21j7.

p.

ended

Redemption—

930,213
$286,735

taxes

in New

The

May

on

$1,4»3,048

(net)

etc.,

——

and

Dividends

With

stock,

common

common

held

common

underwriting

No

par

subscription by holders of outstanding

stock

common

.shares

filed

covering

1953

$1,216,968

—

taxes

•

$6,953,444

for

Grant

income

707,237

income—

taxes on

Balance

share—

common

per

income

Federal

profit*

Net inc. before prov.
—V. 178, p. 1986.

cast

Net

operating

$7,255,099

——

Operating earnings before

$1,344,746

$0.38

income

—

amortization provided

♦Earnings

'

Interest,

619,000

Federal

for

$4,000.00u

(not

b-mds due 1984 from live institutional
179, p. 2243.

be used for construction.—V

Three Months Ended March 31—

1954

;

$2,000,000

than Federal

revenues—

and

Hammermill Paper Co.—Earnings Increased—

Subs.)—Earnings—

(&

borrowed

first mortgage

3%

011

(& Subs.)—Earnings—
1954

operating

anu

State taxes

Total

1832.

p.

,

Co.

Water Co.—Private Placement—

company

reported)

Corp.

bonds.—V. 173.

it of the abovementioned

investors. The proceeds would

a«.ies

expenses,

Net

This

Quarter Ended March 31—

Provision

Southern

of

to

the company up

for the purchase from

Hackcnsack

patent going to the company, inventor of tubeless
improved inner liner which adheres to the inside sur¬

an

Granite

Income

office

by

Prouucuon

1832.

p.

recent

covers

face of tires

Net

Y.,

be received

Indiana Gas & Chemical
Quarter Ended March 31—.

to
the repayment
of
construction purposes.

Other

sixth

feature

at

N.

(B. F.) Goodrich Co.—Gets Tubeless Tire Patent—

will

Chronicle... Monday, May 31, 1954

•

company,

was

on

$50.)—V. 178, p. 1569.
Great Western Sugar Co.

(&

Subs.)—Earnings, Etc.—

Fiscal Year Ended Feb. 28—

Sugar
Cost

sales,

of

sales,

and

other

expenses

other

&

excise

sugar

1954

tax,

int.,

68,688.287

Net'

&

profits

excess

taxes—-

Plant

&

property

Stockholders'

$1.79

$1,456,467

54,755,880

55,677,675

Total

18,430,134

15,614

16,018

__

Three

intends to

proceeds in financing the acquisi¬
outstanding minority interests in Pennsylvania Greyhound Lines
and Pacific Greyhound Lines thus
opening the way for merging the
two companies into The
Greyhound Corp. These plans are in line with
the corporation's program for
consolidating subsidiaries with the parent
of

company in the interest of greater operating

:i;

CONSOLIDATED

Operating
Profit

before

Provision

Net
Net

revenues

OF

'

1954

1953

$47,244,097 $52,977,191
taxes

income

taxes—:

Months

Net

income

hound

—V.

applicable

stock

to

of

the

Corporation
share of

per

income

dent,

179,

$0 13/

told

Guardian
of

As

Total

Mutual Fund,

—V.

net

'share—.—,

per

1953

$1,873,000

value

$1,630,000

$12.79

179, p. 204.

to

Oil

1

Corp.

Completion
was

Oil's

of

announced

Board

of

—

$50,000,000

a

Philadelphia,
on

Pa.,

May

27

expansion

refinery
by

which

program

the

largest

Sidney A.

on

Swensrud,

makes

now

the

East

Chairman

Coast

the

which

have

been

added

to

«™Gulf ?lone-" Mr- Swensrud pointed
As

since

evidence

World

pi

War

II

in

in

and

a

greater

amount

than

have

we

Refining
for

and

auxiliary

contract

was

Clearing
tion

of

The
will

Co. has
construction
of
a

the

the

up-grade
The

spent

in

will

unit

to

unit

be

will

into

as

announced

boiler

unit?

of

start

started

in

wide

the

in

July.
and
and

high octane gasoline.

the
be

new

Gulf

were

be

benzine,

constructed

as

toluene

5%

ran

new

pipe

auxiliary

lines

will

be

unit.

based

Phillips

antici¬

con)Pan3r on May 26 filed

a

registration




due

with

1984,

to

the

on

shares

125,000

test

was

Petro'eum

the

$6,593,000

the

bonds

new

stock

at

company

their

agreement

with

and

credit

the

value

to

prepay

agreement.
on

the

pro¬

stock

common

It

before

or

balance of

additional

due

Utilities

par

proposes

a

credit

issue

Bonds,

Public

under

the

to

company

mortgage

General

common

together

current

operations,

construction

179,

expected

are

requirements

for

1954,

to

and

provide

estimated

at

2248.

p.

(& Subs.)—Earn.

have

Co.

discovered

S,

income

Canadian

&

♦Gain

has

team

of

Husky

Oil

staked locations

new

will

120

to

and

tests

area

Pinkham.

Marengo. field

operator

feet

of

feet,

the

the

in

south

other

of

and

Before

After

adjust.

adjust.

35,172

8519,513

Dec.

has

1953,

been

$1,009,827

$1.40
$1.49

$1.23

$0.63

replaced

10%

a

$1,222,818

$0.63

gain
gain

extraord.

&

18,

1,

stock

by

$1.27

facilities.

new

distribution

share

(one

each

for

shares

outstanding) was made to shareholders of record Dec.
comparative purposes, net earnings per share for the
period have been restated on the basis of 822.117 shares out¬

1953.

1953

For

standing

subsequent

such

to

distribution.—V.

179,

716.

p.

•

.(

-

•

..

.

.

.

•

.

'

.

.

Southern Ry—Earnings—

Period End. April 30-—

1954—4 Mos.—1953

1954—Month—1953

'

Ry.

operating

revenues*

$3,550,822

Ry.

operating expenses*

2,040,062

2,318,652

8,218,803

9,404,813

opers.

$1,510,760

$1,7.91,612

$5,883,228

$7,476,700

income—

653,664

742,983

2,477,250

2,988,736

Net

salt

Net

fr.'ry.

rev.

ry.

—V.

is

crew

1,017,439

8,059

Cr76,372

extraord.

&

which

ten

oil-cut

and

1,159,166

609

of

property

tOn

,*

IV2

Phillips

the

in

Marengo

Coleville,

oper.

179,

$4,110,264 $14,102,031 $16,881,513

2038.

p.

and

that

in¬

Marengo

area

wells

wells

include:

Husky-Phillips

No.

Marengo

4

of

the

Pinkham

area

cost

The
of

(at

June

1954,

to

The
to

after

—

sales

—:

before

1953

$3,334,551

taxes

The

and

Dec.

31,'53

$3,795,582 $16,777,328

272,573

439,156
244,707
2,650

12,975

$130,835

$191,799

$522,218

$0.55

$0.86

$2.20

200.004 shares of which 3,601 shares were held
31, 1954.—V. 179, p. 1079.

in treasury

35

record

570.000

3,251

be

Trust

irrevocable
the

offer

May

Co.,

until

on

p.m.

date,

discretion,

its

if

June
(EDT) on

p.m.

(EDT) or the latter
any, not after June
specify in writing
9, 1954.
All tenders
the second business

shall

before

or

3:30

of

stamps.

3:30

later

such

in

tax

this company
as agent for
the outstanding
$28.50 per share less
of

expiration c'ate,

is

directors
cents

(b)

or

price

a

is

offer

all

subject

ox

not

less

than

80%

of

the

issued

shares.

Kelley

Island

share,

per

27,

deposit

to

common

of

on

payable

1954.—V.

179,

May

June

p.

20 declared

30,

1954

to

a

cash

dividend

stockholders

of

2142.

1.105,193

138,487

1954,

the

of

Greenlands,

as

outstanding

The

of

9,

date

Cleveland

are

(F. C.) Huyck & Sons (& Subs.)—Earnings—

purchase

to

of Kelley Island at
applicable stock transfer

expiration

day

1832.

offering

is

shares

the

30,

at

Corp.,

common
,

the drilling and completing of the wildcats.,

5.

Midwest Stock Exchange has received notice from
Cleveland Trust Co., Cleveland, Ohio, acting

The

Greenlands

producing

exploratory ventures

the

'The

ven¬

locations

oil

Kelley Island Lime & Transport Co.—Offer for Stock

sector

these hew

new

gas

and

Husky will operate

of

The

two.

Petroleum

southwestern

three

of

"prilling operations are already under way
test, Phillips-Husky Pinkham No. 1."—V. 179, p.

Profit

disposition

Net earnings
fEarnings per share:

natural

for

506,987

———

adjustments**

from

Kansas City

feet

2,932

3,119

Ltd.

tests

new

be

operate

evaluation

the St. Florence
Alsask

No.

and

down

Refining,

live

will

Phillips will supervise

"The

to

mud

taken

&

for

Husky

two

and

of oil-cut

been

2,927

2,062,433

orders.

Phillips

and

feet

since

interval

1953

$22,333,619

2,313,671

income

on

*

arising

1954

$23,163,011

1,027,109

taxes

taxes

exchange

Canadian

very

the

in

run

-6 Mos. End. Mar. 31-

$11,163,687

*

—

(estimated)

slight showing of oil.
at Phillips-Husky Eastside 13-14.
a

came

yielded 40

and

*

U. S. & Canadian taxes

Minority int.

on

inc.

on

of

inc. (est.)

subsid.

co.

Kansas-Nebraska

Natural

Gas

Co.,

Inc.—Shares

Of¬

fered—An underwriting group, headed by Cruttenden &
Net

earnings
♦Earnings per
♦Based
on

—

common

share

on

March

Illinois

PoWer

Operating

revenues

expenses

%

■

...

t

:

Co.—Earnings Higher—

12 Months Ended March 31—

Gross

income

Interest,

1954

,

:

and

1953

$63,611,902

taxes

h

etc.

$56,663,102

51,509,276

45,096,723

$12,102,626 $11,566,379

;

deductions

2,662,667

dividend

requirement

2,563,224

$9,439,959

income

$9,003,155

1,733,000

1,447,563

$7,706,959

$7.555j592

2,810,000

2,810,000

Co., Chicago, and The First Trust Co. of Lincoln, Neb.,

'May 21 offered publicly an issue of 10,000 shares of
cumulative preferred stock (without par value) at
per share, plus accrued dividends from April 1,
1954. Concurrently, the company is offering to its com¬
mon stockholders of record May 21 the right to subscribe
on or before June 2 for 85,090 additional shares of com¬
mon stock (par $5). at $23 per share 011 the basis of one
(new share for each 10 shares held. Any unsubscribed
common
shares are being offered to employees at the
same price.
The common stock offering is also under¬
written by the same group of investment bankers.
on

$5

$101

PROCEEDS—The

Balance
Com.

of

U.

outstanding

the
be

sales

Canadian

of

in

gas strike

on

Preferred

statement

covering $10,000,000 of first mortgage
bonds,
offered for public sale at
competitive bidding.
Net proceeds are to be
applied to* the redemption

funds,

the

from

Central's

Earnings before

the Paleozoic at a wildcat near the Marengo
Kijidersley and seven miles north of the
Saskatchewan, Canada, it was announced on

west

Alsask

tures

Net

€0.—Registers With SEC—

of

under

this

first

parent,

outstanding

2038.

p.

and

Operating

and

Net

under

is

it

completed

by April 1, 1955, is part of a companycapital expenditure program for this year.
No cost
given by the company.—V. 179, p. 2141.

Power

that

I

$250,000,000

estimates

SEC

to

Sales Volume

year

business,

1954

a
capacity of 10,000 barrels per day
catalyst. It will take low octane naphtha

cooling tower will also
platformer.
New tankage

serve

work,

179,

Saskatchewan.

Net

been

catalytic reforming unit
(Cleves), Ohio, refinery.
The
Company of Des Plaines, 111.
two weeks,
with actual, construc¬

and

to

have

platforming

will
also
be
capable of making
all widely used in the chemical
industry.

for

The

of

Procon

,

added

contracts

have
a

trend

—3 Mos. End. Mar. 31—12Mos.End.

Cincinnati, O.—

that

179,

Mai. 31, 54

annual

year."

Cincinnati

the

$17,600,000 —V.

meeting on May
14.
consolidated sales for the first quarter

share

a

miles
of

Hole

has

Co.

near

previous

any

underwriters

522,700

quarter, this

current

the

The well also gave

and

"The

■

are

improving its facilities.

platformer

and zylene,
A

its

ground

platinum
it

at

to

of

new

use

units

awarded

441,200

the

To Increase Refinery Facilities in
let

35

new

waiting

fundamental stability of our
economy, we are spending $250,000,000
throughout the company this
year to further increase our facilities.
Incidentally," he added, "this
is

10,500

its

the' proceeds

such

of

authorizing

$6,000,000

to

shares

notes

and

sale

Jersey

to

cents

town

"Second

clude

out, "has spent nearly $1,500.-

expanding

confidence

our

the

963,900

announcement added; "Initial test to yield gas was run in the
2,910.27 feet for one hour. Natural gas flowed to the surface
immediately at approximately 2,000,000 cubic feet daily. Pipe recovery
was two feet of heavily oil-cut mud.

refinery

the

the

at

in the Banff sand of

raijpoint,

the

two of the largest ever built.
Completion of these, along with other
equipment, increases the refinery's capacity
by 75%
and gives the
plant a total thruput of 183,000 barrels a
day.

000,000

60

company

border

area,

units

new

generated

46,543,300

Husky Oil & Refining Ltd.—Wildcat Finds Gas—

of

Directors.

Among

of

$47,507,200

sell

$7,500,000

♦Property

hours,

Completes Expansion Program at
Philadelphia Refinery—
,
Gulf

first

the

on

reported

ago.—V.

water.

Gulf

in

based

amounted

year

$11 90

;

.

ceeds
cash

1954;

♦762,000

interval

1954

assets

asset

Net

30,

The

Inc.—Assets Show Gain-

April 30—

bank

46,785,800

$3,774,746, compared
with
$3,976,590 a
year
ago.
Net earnings after taxes for the March quarter were $53,782,
equal to 40 cents per share on the 135,023 shares of common stock
outstanding.
This compared with net earnings after taxes of $75,291,

This

\

bidding

With

of

to

order

an

Kalamazoo Vegetable Parchment Co.

stockholders

Norton

1954

May 21.

1721.

p.

share.

per

borrow

569.

p.

sales

but

ago,

Mr.

gas

$1,458,121

$0.03

$10

expects

'-772,500
178,

issued

competitive

$6,835,000

155,500

pated that sales volume by the end of the second quarter will compare
favorably with the like period a year ago, Wilbur H. Norton, Presi¬

343B54

$350,663

at

$46,023,800

Hollingshead Corp.—Expects Improved
year

$1,801,175

Grey¬

—,

of

1953

$45,830,600/ $47,351,700
193,200

Consolidated
a

a

stock——

common

Subs.) —

1954

has

SEC

sell

1984, and to issue and"
Corp., 550,000 additional

3 Mos. End.

2,807,300

141,448

31—

revenue

before

This

Earnings

by

May 11.—V.

I

equal

by'public

March

(&

Inc.

incurred

♦Loss.—V.

4,608,475

—$492,111

—

Ended

Publications,

income

Net

671,100

system—*—,
applic. to stock of subs, held

Consolidated

including interest and deprec.
provision for Fed. taxes on inc.
Provision for Federal taxes on income*

1,163,211

income of the

25
on

Jersey Central Power & Light Co.—Financ'g Approved
The
and

income

Total

of

EARNINGS

31—

;

income

for

inc.

efficiency.

STATEMENT

Three Months Ended March

$1.50

Sept.

the

use

Co.—Underwriting Terminated—

2248.

p.

612.

operating

Costs

Greyhound Corp. — Notes Placed Privately — Kidder,
Peabody & Co. and Hemphill, Noyes & Co. have nego¬
tiated the private placement of $15,000,000 series A
notes, due Jan. 15, 1974, and $10,000,000 of series B
notes, due July 15, 1975, it was announced on May 24,
The corporation

$525,367

share

common

p.

Hearst

Income

tion

505,300

—

55,862,979

2289.

p.

per

Other

§6,61.5,363

:

stockholders.

of

173,

*

investment

1,030,667

797,400

$2.50

(estimated)

$4,273,356

52,550,833

28

*

1,617,665

income

011

income

income

179,

17,441,829

Feb.

at

___r

—V.

Net

$1.87

—

011

Service

Syndicate agreements were terminated 011 May
who brought the new issue of 3% bonds to market

$24,106,179

$820,265

taxes

Earned

3,660,000

share—,

improvements

liabilities

Number

5,771,556

3,660,000

assets

■Current

1,383,503

5,109,143

—

Earnings per common

Iowa Public

1953

$26,963,539

*

63,911,219

$4,412,384

declared

1954

—

before taxes

Income

—V.

income

Current

sales

Net

Federal

:

(& Subs.)—Earnings Rise/—

Six Months Ended March 31—

marketing
1,360,838

income

for

Dividends

8,124,085

income—— $80,011,685 $75,339,634

Depreciation
Provision

1953

8,635,861

produced
(cwt.)
railroad rev.

Sugar

Ilarshaw Chemical Co.

—V.

applicable

shares

179,

p.

to

outstanding
1480.

common

at

end

stock
of

period

securities,

net

proceeds

from

the sale of the

abovementioned

together with working capital, funds from operations and
approximately $4,500,000 t'o be raised by the sale of debentures (which
are
proposed to be sold by July 1, 1954 to institutional investors, will

Number 5329

Volume 179

used

be

construction

for

Nebraska's

in

the

facilities to increase Kansas188,000 MCF to 200,000 MCF.

and retail distribution in the States of

distribution

retail

of

16%

mately

total

its

Colorado.

in

Kansas and

EFFECT

TO

PRESENT

series

4:)4%

"3%%
First

due

series

1974

due

series

due

(newt—

314%

series

due

series

*

The

v

3Vi%

series: due

preferred

cumulative

$5.65

Undesignated

of

25,000 shs.

15,000 shs.
1,250,000 shs.

— -,

The

—

each

of

name

|he 85,090

The First Trust
E.

Harold

Estes

Cole

&

Co.

Wood

Beecroft,

Co.,

Rauscher,

Lincoln,

Inc
&

Co

of

Abilene.

Operating
Net

-

income

__:

discts.

int.,

amortization

administrative

included in

not

and

'

*1953,

which

$

-

56,021,146

77,064,865

32,445,217

and

47,355,787

2,327,900

2,150,089

412,152

431,431

retirements

corporate

the
:

SEC

covering

under

May

1,783

416,735

22,283,093

18,406,647

21,725.994

$1.70

$2.01

of

of

with the
issued at

notification
stock to be

common

$1.14747 per share,
bonus plan.

or

corporation's

letter

/

about

to

Months

Ended

April

1954 and

its

1955

—V.

before

of

the

shares

to

be

taxes

Federal

Net

22

Barton

the

and

3,268,236

taxes

profits

excess

1,860,000

time

466,690

(on

shares outstanding)
—V.

179,

$3,077,000.

was

year

to

Net

next

about

and

Kirsch

of

since

the

will

50,000

In

acres

the

general

has

Colorado

where

Lion

&

Ltd.,

Co.,

Beecham

carbonated

wells

has

No.

County,

drink,

Y.

N.

Awards

—

marketing

the

for

corporation

this

by

and

entire
to

NO-CAL,

of

Dominion

Harold

F.

of
Ritchie

Toronto,
Canada, a subsidiary of the world-wide
of London, it was announced on May 15. ^
and Co., Ltd. will set up its own NO-CAL Division

Ltd.

Ritchie

F.

bottling p.'ants in Canada. One such
bottling plant already has been completed in Toronto and is scheduled
for early operation.
Another plant is under construction in Montreal, Quebec, and other
NO-CAL
plants are planned
for Vancouver, British Columbia and
and

operate

Lion

subsidiary

factories

and

of

\

anhydrous

Ltd.

Co.,

utilized

be

The

branch offices

numerous

company
in the
of London which,
operates nearly a

and

depots.

Other

tank

corporation

May

on

of

Net

/%:■

■

new

Colo.—Files With SEC—

filed

19

letter

a

of

the

with

notification

The

j

Star

which

;;;;

which

all

is

Colo.,

located

$84,751,493

notification

of

filed

with

the

SEC

on

May

12

covering

common

'

i

Leeds

&

This

company

tration

employees'
shares

of

to

be

Leeds

with

SEC
the

by

shares,

on

May

participating

2,381

offered

employees'

Stock Trust filed a regis¬
24,
1954 covering 4.529.5

Northrup

and

the

and

shares

are

holders

and

and

statement

'

Philadelphia, Pa. — Registers
Exchange Commission—
Co.,

Northrup

Securities

With

the

production

chemical

a

of

in

has

been

on

about

under

The

some

42

tons

ammonia

Harvey,

from

plant

La.

1833,

of
•-

Corp.

the

SWii't

Trustees

by

shares.

under

Leeds

other

&

the

The
deed

Northrup

employees'
of

manu¬

taxes

1954

and

tax

Co.'s

the

time/ of
Cuban

one

trust

to

In

the

by

trustees

under

179, p.

-

trailers

1954

% ;

1953

"

expenses

23,997,758

amortization

and

998,093

21,975,424
758,860

81,557

85,970

3,451,101

3,634,500

$2,760,509

and

State

income

$2,541,164
$1.97

taxes-,.

share (1,290,000 shares)-

common

net

earnings after

taxes adjusted

1953.—V.

30,

$2.14

to

reflect

actual

in¬

178, p. 2477.

Merritt-Cliapman & Scott Corp.—Earnings Up—
Net

and

earnings

Board

Gross

after

the

first

May

on

quarter

17 by

this

of

The

President

the

of

revenues

construction company,

$26,799,088,

were

including

also active in steel

now

under

costs

cost-plus-fixed-fee
%

'

first quarter net

1954

equaled 37 cents per share on the 1,370,019
as
of March 31, including shares distributed in
stock dividend and those issued in March during

outstanding
January as a 25%
acquisition

by

the

of

company

a

than

more

92%

interest

in

th<4

1953,

of Newport, Ky., through an exchange of shares.
Merritt-Chapman & Scott for the first quarter of
which the net was affected by a number of non¬

earnings of
period

a

1953

then

in

outstanding,

1954,

January,

adjusted

for

the

25%.

stock

the 660,319
paid in

seven

4,462,062

3,952.527

outstanding

(est.)

1,750,000

1,650,000

including costs under cost-plus-fixed-fee contracts.—V.

of

as

on

dividend

cents per share based on the 1,370,019 shares
March 31, 1954.
Gross revenues were $17,659,852,

or

179,

p.2249.

150,000

and

of

totaled

year

Louis E. Wolfson,

contracts.

shares

393,266

438,810

$2,318,796

$1,713,717

foreign)

public

MexicaiT Gulf Sulphur Co.—Begins Stockpiling—
Following
President,

end

at

2,851,956
$0.81
wholly-owned
are

for

taxes

announced

was

Chairman.

production,

plant

2,845,791

$0.60

figured

South American
at
the
average

subsidiary
exchange

acquisition.

The Cuban results are figured
equals one U. S. dollar.—V. 179, p. 6.

at

his

visit

May

011

the

to

San

reported

16

Cristobal

that

stockpiling of sulphur had begun.
continuous operation on a 24 hour

com¬

C.

rates

added

H.

Brady,

the

of

one

the

to

be moved

investment

Wibbing,

had

then,

banker,

St.

Nachtman,
and.

Paul

been

completed

the plant has

Louis,

been

in

William

and

Mo.,

co-founders

of the company's property, were
end of May, the company's office will
Suite 1614, N. Y. City.—V. 178, p. 2307.

the

Before

board.

630 Fifth Avenue,

to

property,

testing

Since
basis.

par—

Mid-Continent Petroleum Corp.

Employees—

unprecedented move in the industry, stock warrant awards
to a
dollar value of $40,000 were issued for the first

an

trucks,

Subs.)—Earnings—

hj

taxes

Lunn Laminates Inc.—Stock Warrants to

Gross

(& Subs.)—Earnings

operating
before

Federal

and

1953

1954

income

income

$43,285,765 $41,273,946
6,323,082
6,163,835

1

taxes
on

income

:

2,532,750
$3,631,085

$2.07

taxes

2,468,150

$3,854,932

state

$1.95

amounting
time

to

employees,

company

President.

Lunn,

Lunn said.

$5

a

an

announcement

by James

the

form

of

warrants,

to

of

a

far.

.

Current

assets

liabilities

$82,160,515

and

which produces body
parts, and other

structural

parts for sports cars, bathtubs,
products, has two plants, one

Co.—Reports Increased Sales—

Magnavox

last
,

May

on

provision

18

for

13%
Net

$51,147,940.

totaled

sales

compared

with

$45,008,975,

a

gain

.

before taxes and provision for renegotiation in the nine
$5,083,949, as against $5,652,578 ill the like period last
for renegotiation
and Federal income
and excess

profit

months

was

Provisions

year.

profits

taxes

were

$3,053,037

as

against $3,601,000.—V.

179, p.

1833.

Chemical

Mobay
pcrated

in

President,
The
will

corporation,

retail

it

new

current

$20,517,722.—V.

179,

2143.

p.

making

plastics are
—V.

A.

and David L. Eynon
announced on May 17.

was

which is equally owned

company,

isocyanate

compounds.

of

Louis

St.

was

elected

by the parent companies,

These

chemicals

are

used to

flexible porous plastics, new synthetic rubber
adhesives and also are used as intermediates
other chemical compounds.
The flexible and rigid porous
expected to be among the major applications for isocyanates.

either

rigid

fibers

or

and

V

179, p. 2143.

States

Mountain
—Files

Uranium,

With Securities

Inc.,

Idaho

Springs,

Colo.

^nd Exchange Commission—

corporation on May 18 filed a letter of notification with the
SEC covering 30,000,000 shares of common stock to be offered at par
il cent per share) through Underwriters, Inc., Sparks,
Nev. The net

proceeds are to be used to pay expenses incident to

at

manulacturers

of

professional

tape

recorders,

high-fidelity consumer market cn May 18 with the intro¬
portable magnetic tape recorder-playback machines

mining activities.

Munsingwear, Inc.—Quarterly Earnings—
sales

Earnings
Provision

for

1953

1954

.

$6,978,129
400,754
226,727

$6,341,010

—

before

income

income

131,497

taxes

71.045

taxes.

Minority interest'

9,104

7,576

$51,348

$166,449
$0.40

—

two

$299

and

$329

each.

earnings

Net

Previously, the lowest priced Magnecord unit retailed at $499, and
In price up to $5,000 for standard equipment used by promusicians
and
radio
technicians.
The decision
to enter

2039.

were

and current
assets were

$86,055,192

1953,

jointly owned by Monsanto Chemical Co. and
G. of Leverkusen, Germany, has been incor-

Co.,

Bayer,

Three Months Ended March 31—

to

were

31,

Delaware

manufacture

Net

Magnecord, Inc.—Introduces New Machines—
This

1954

March

The

year.

Net

of

company

and

On

liabilities

current

Farbenfabriken

in

reported net earnings of $2,030,912 after
renegotiation in the nine months ended
March
31,
1954,
compared
with $2,051,578
in
the corresponding
three ouarters a year ago.
The earnings wer° equal to $2.6p, a share
on
758,680 shares of common stock outstanding, as against $2.70 a
share
on
the
same
number
of shares
in the nine months period
The

31,

March

Monsanto Chemical Co.—New Affiliate Formed—

Huntington Station, L. I., and the other in Ashtabula, Ohio.
Company sales in the last year have trebled and production capacity
has expended to
meet demands for reinforced plastic products, Mr.
Lunn said.
Growth of the company is expected to continue through

taxes

of

as

$21,172,650.

were

company's stock is currently quoted over $7 which

saving for each share the employee buys."

company

income

Net

Earnings per share—

employees

have been in the company's employ for a year
to purchase Lunn stocc at $2 per share," Mr.

have presented these warrants to 25 employees so

"We

Market value of the
means

according to

%

■

in

given

awards,

of

.and

(&

Quarter Ended March 31—

the

spouses,

industrial

are

recurring costs, were $91,291, equal to 11 cents per share

(est.)

In hands

above

peso

Private

—

$28,995,9^8

and,

wages

$504,033, it

Subs.)

1954

(domestic

the

of

111.

Newport Steel Corp.

share

included

duction

Foundation.—V.

for

$31,289,018

taxes paid June

come

chemical

new

&

employees,

&

pany

$15,280

Chicago,

Co.,

Publishing Co.

NOTE—1953

$17,449,967 $16,826,393

income

profits

results

entered

their

$0.32

$0.47

of

.

Wholly-Owned

(&

taxes__

Federal

per

the Leeds

and

outstdg.)

1988.

.

earnings
Earnings per

daily

subject to the special provision shown above. Provision for depre¬
ciation and depletion is based on the dollar value of fixed assets at

spouses

Northrup

shrs.

requirements

p.

Net

,

May 23.

nitrate

ammonium

period

Northrup pension plan and unemployment benefit plan; and may be
available for purchase also by trustees of the Leeds & Northrup Com¬

&

140,815
$129,979

expenses

Federal

unit with capacity for 430 tons of' acid

anhydous

p.

Cement

income

for

profit

panies

of persons in both groups, and by the trustee under the
deferred compensation plan of Leeds & Northtrup. The participating
.shares are to be made available for purchase by employees of Leeds
by

178,

revenues

Materials,

but

Bakeries, Inc.—Files With SEC—

was

stock (par $li to be offered at the market
(estimated at $28 per share i
through First California Co., San Fran¬
cisco,
Calif.
The
proceeds
are
to
go
to
Stanley S. Langendorf,
President.—V. 179, p.
1933.
of

shares

(355,939

dividend

Manufacturing

Depreciation

1954, as well as for the industry as a whole, he added.—V. 179, p. 2143.

2039.

Langendorf United
letter

270,794

198,934

Nine Months Ended March 31—
Total

produce

A

382,565

(estimated)

principal products of the company

formulations,

2,500

shr.

com.

1953—V.

in

in

1954—4 Wks.—1953
1954—20 Wks.—1953
$82,315,619 $419,846,373 $408,042,119

Period End. May 15—

p.

income

on

income—

on

$183,631

preferred

in

rigs

%

announcement

,

excess

aircraft

Kroger Co.—Current Sales Up—

179,

taxes

1953

$11,458,634 $10,062,750

taxes

tractors.

Net

profit
outstanding

The
...

—V.

State

—

Meredith

was
shipped May 17,
chemical manufacturing

plant,

company

a

for

the

to

179,

supervisory level who
or
more,
allows each

shares of common stock to be offered at par ($1
without underwriting. The proceeds are to be used to drill

—

per

for

Oscar

well.

Sales

State

1954

services

and

&

shares

of

car

consigned

income

Shares

S.

covering 28,000

share t,

$1.77

2

ammonia

The

La.

"V:;/

'%'■

company's

intermediate

an

Profit before

principal

the

is

of the Beecham Group Ltd.
companies in nine countries,

Kirschner Oil Co., Denver,

per

1,012,817

$2.56

of

—

"The

SEC

Fed.

Profit

and

Hemisphere

through

$1,789,000

1,026,Oil

inc._

on

debentures due May 1, 1964, through Eastman, Dillon &
Co., it was announced on May 20.

Oil Co.

County,

drilling

\

Ritchie

F.

Western

dozen

NO-CAL

new

Manitoba.

Winnipeg.
Harold

four

3,342,000

23,516,000
2,787,000

Colo,

Field

are

four

Quarter Ended March 31—

Net

soft

awarded

of

Group,

Harold

and

Interest

%•''%

Orleans,

bp produced in

first
was

Sales

'$3.07

$3.02

—

bottling

exclusive

the

been

$28,092,000

28,948,000

Manufacturing Co.—Earnings Up—

products

Mercury

and

Scanlon

mid-1952,' is expected to be in full operation

division.—V.

Lone

•

sugar-l'ree

1953

1954

$34,916,000
exps.

Placement—The- company has placed privately with an
institutional investor ail issue of $300,000 sinking fund

day.

food

,

Brooklyn,

Inc.,

Beverages,

Canada

of

♦After

■t;

the

The

Basin,

according to

will

acid,

Provision

for

Subs.)—Earnings Up Sharply

1723.

before

♦Earns,

on

dry ice and liquid carbon dioxide.
Nitric

$1,432,357

common
_

Franchise—
franchise

495,000

$2,626,000

Net earnings

;'

'

plant,, this'

month,

dioxide

bon

Federal

A

(&

income

sold, selling, g.enl. and admin,

p.

sales

Federal

/

quarterly

A

stockholders

common

anhydous ammonia is up to designed capacity
of approximately 300 tons a day.
When all facilities of the Barton
plant are in full production, it is expected that shipments of anhydrous
ammonia and pelleted ammonium nitrate will average about 600 tons
per day throughout the year, the announcement said.
By-product car¬

925.

p.

miscellaneous

Months Ended March 31—

3

a

wells.

net

Current production

4,093,207
2,660,850

$1,408,236

taxes..

share

per

and

179,

$15,919

announces

New

near

construction

plant

1953

—

—

inc.

earnings after

earnings

outstanding

717.

p.

McQuay-Norris

offered,

—Earnings Show Gain—
Net

$94,925

are

$33,062,740 $32,930,919

for

Prov.

and has increased

$7,000,000.

is payable

i.:.'

.

also

train-load

first

The

1954

„

Earnings

81,731

$120,141
495,000

Number of shares outstanding
Net income per share

made

■%%

the

facture,

30—

drilled,

was

has

Lion

The

10 employees

stock

King-Seeley Corp. (& Subs.)—Earnings—
Nine

$15,000,000

has

company

to' an -announcement

Denver-Julesburg

from

a

Sales

1953,' the

issuance

for

New Chemical-Unit—

765,180

12,542,064

depletion)

filed a
class B

17

shares

value thereof,

the

62,084

1

income

Net

949.

p.

Jjlock.,, "

company

operation.-

expenses

other cost

or

Kentley Corp., Grand Rapids, Mich.—Files—

,the book

31,

completion of its
as
a
southwest extension of the Adena Field, Morgan
This is the 32nd successful completion in this field by
Lion has also completed three wells in the Bobcat
northeast
of
the Little Beaver Field of Washington

1,386,206

10,821,653 shares)

(on

on

foreign income taxes

Fed., State and Canadian taxes

working

Co.—Completes New Wells—

well

the

The

45,969,581

1,660,281

—

(without deduction for

.corporation

the

share

per

17.8,

according

the

of

area

123,034,446

♦Earnings for the
1953 period as
previously reported have been
adjusted to reflect an excess profits tax rate of 30% .—V. 179, p. 1049.

The

common

discovery oil well in Wibaux County,
by T. M. Martin, President.
The well is the'" Knight No. 1 which was completed in the Red River
formation at a depth of approximately 11,000 feet.
The company
holds .approximately 7,000 acres in the
block
on
Montana,

88,466,363

mise.)_;

&

and

operating

share

per

to

company lias- completed

installation
Net income

176,655

'

cents

60

Lion Oil
This

,

metal-

Sundry
charges
and
deductions.—.——
Provision for U. S. and foreign taxes on income

Earning

Dec.

approximately

income

net

1954.—V.

15,

where

General

1953

$ 499,369

cups

:
■'

$
and

Total

Depreciation,

to

the

of

Earns,

of

34,105,498

(divids.,

1954

182,225

full of such notes;

*■

ended

effect

dividend

.

1954

charges for manufacturing)
costs—after adjustments for invent.

inc.

See

$479,426

taxes__

and

shares

of

179,

Cost of gds.

...The

Subs.)—Earnings Lower

.

metals

of

.

-

■"

and

operating

Other

for Fed.

Net sales

-plain

5%/
.

•

(sales

revenue

products

Proceeds

to general funds available for

additions.years

amount

June

:

-v"

Copper Corp.%(&

;x>. .,•%

■%.

.

Operating

income

McGraw Electric Co.

^company l^ad 676,608 shares of common stock outstanding and
3S,ti26 shares reserved for issuance under the company's stock option

5%>

kL
■' ■**"

*v

Quarter Ended March 31—

•%%;:'

notes.

Corp.—Earnings Increased

income

Three Months Ended March 31—

revolving

$58,606,000

—L:
Kansas

.
■

Kennecott

with

the

to

15%

■.

%

Number

—V.

the

15%

:

2038.

p.

$3,000,000.

assets aggregating

15%,

—

Jurisdiction

reserved

pertaining

Net income

and

corporation.is engaged in the manufacture and sale of paper
andTiested paper containers ranging from Vu ounce cups to 10
pound tubs. Sales
for the year ended
Dec.
31,
1953 amounted to

:

Pierce

179,

of

1954

25.5%

'

____,

:

United'Trust C--.
—V.

Neb

Co.—^

Co.—

before

Provision

„

ad¬

capital

22.5%

—

of

&

<&

fixed

to

Ifcithout,-giving

common

transferable

Cruttenden & Co.——

extent

will be added

capital
the five

expected to

of

further

working capital by $5,000,000. Capital additions for

935,999 shs.

underwriter

the

to

and

additions

stock, as are not being subscribed for by holders
subscription rights and company employees,, and the10,000 shares of preferred stock, both of which issues are now being'
registered, and the respective percentages which they have severally
agreed to purchase, are as follows:
•
of

for

program

a

offerings will be applied to the repayment in

During

None

in

engaged

now

the remainder

capital

60,000 shs.

25,000 shs.

series———
par value)--

UNDERWRITERS

shares

and

60,000 shs.

,

to

($5

4,808,103

notes

stock

stock—

May 25 filed a registration statement with the
shares of no par common stock, to be offered
stockholders at the rate of one new share

which

credit

100,000 shs.

stock.

preferred

as

stock

Common

5,000,000

-

series——

in

operating

Income

contemplates expenditures of $7,000,000 during
Interim partial financing has been provided through

1955.

1,740,000

< without

stock

issuable

cumulative

$5

1971

preferred

par' value)

SEC—

common

is

company

ditions

*

Cumulative

on

88,00.0

and

application

Three Months Ended March 31—

each eight shares of stock held on
the record date. The record
subscription price and underwriting terms are to be supplied
amendment. Blyth & Co., Inc., is named as the principal under¬
writer. The offering is expected about the middle of June.

2,088,000

2,000,000

—

corporation

covering

subscription by

mentioned,

the

of

2249.

p.

Maracaibo Oil Exploration

'

Corp.—Registers With

Cup

therein

part

11

by

None

,

,

v

,

date,

I 3,706,000

2,400,000

1

for

^

6,000,000

—

1970-.

due

for

4,500,000

1969

3%

SEC

%% V$1,925,000

.

1965

The

Outstanding

4,500,000
4,500,000

mortgage sinking fund bonds—

3V1

Lily-Tulip

$2,750,000
_

1613.

p.

that

to

179,

Gross

FINANCING

\

1973

May 19.—V. 179,

stock

common

respect
V.

approxi¬

*

-

Authorized

Sinking fund debentures—
3%% series due 1965

Nebraska,

produced

company

requirements in 1953.

gas

GIVING

CAPITALIZATION

The

of

Offering—A secondary

Lilly & Co.—Secondary

(Eli)

purchase of natural gas in the States of Okla¬
Nebraska and Colorado, and in its transmission and

Kansas,

wholesale

(2371)

offering of 3,000 shares of class B stk. (no par) was made
on May 18 by Blyth & Co.,
Inc., at $94 per share, with a
dealer's discount of $3 per shace.. It was completed on

5s an operating public utility company engaged

production and

homa,
and

additional

of

capacity from

system

? BUSINESS—Company

The Commercial and Financial Chronicle

...

ranged

Earnings

per

—V.

p.

179,

-

common

$0.03

share

1482.

feessional

Libby, McNeill & Libby—Securities Placed Privately
financing plans. These
514 % cumulative preferred
Stock, previously arranged privately, and a $15,000,000 issue of
sinking fund debentures. The sale of the preferred stock was subject
to authorization and
waiver
of pre-emptive rights by
stockholders.
The sale of the sinking fund debentures was contingent upon that of
the preferred stock issue.
The expansion of the company's business
since prewar years, including Tts entry into frozen foods, the manage¬
ment said, made the new financing necessary.—V. 179, p. 1833.
The

call

stockholders

for

the

sale

at

on

May

par

of

21

approved

$10,000,000




new

of

this
for

to

new

market

pre-recorded
William

L.

largely on the anticipated public demand
tape reels now being marketed, according
President.—V. 176, p. 2437.

is based
magnetic
,

Dunn,

Manufacturers Light
had
sory

ized

& Heat

Co.—-Correction—

that the SEC
authorized this, company to issue $14,160,800 of instalment promts*
notes to .Columbia Gas System, Inc., its parent. The order author¬
Manufacturers to issue and sell to Columbia Gas only tht $-7,489,200

In our

issue of May 24,

1954. it was erroneously stated

Murray Corp. of America—New
See

Brunswick-Balke-Collender

Mutual Investors

Co.

Contract—

above.—V.

179,

p.

7.

Corp. of New Yojrk—Stock

Co., Inc., on May 24 offered
shares of common stock (par 10 cents) at $1 per

—Greenfield

&

PROCEEDS—Net proceeds from

Offered
298,000
share.

the sale of the common stock will be

12

The Commercial and Financial Chronicle...

(2372)

.'S> }

.

added

the

to

'

used to expand the cor¬

and

company's working capita]

The

1953, as successor

BUSINESS—Corporation was organized on Dec. 23,
to

SEC

13-year-old mortgage and real estate placement business previously

a

conducted

purchase and resale of mortgages and properties.
EFFECT

GIVING

CAPITALIZATION

The

Authorized
'

stock

Common

—V.

179,

Outstanding

record.

Chain—

Co.—Buys Food

Nash-Finch

on
May 17 tha,t this Minneapolis wholesale food
purchased the interests of Dean Gray and Alvin Gross,
President
and
Secretary,
respectively,
of
Food Centers, Inc.,
of
Hasting:.:, Neb., which has 17 retail stores, two warehouses and a truck

It

announced

was

firm

in

Nebraska.—V.

central

170,

This
for

the

three
for
depreciation and $973,000 for Federal and state income taxes.
In the
same period a year ago, net income was $1,813,610, or $1.79 per share,
after charges of $595,009 for depreciation and $1,339,888 for Federal
Net

income

and

state

fiscal

March

March

share,

per

for

These

$4,432,484

was

$4.39

$12,861,058 compared
to $11,062,681
for
year.
For the nine
months
ended
March
31,
1954 operating revenues were $28,642,150
compared to $24,Sf24,444 for the same period a year ago, Mr. Baker
for the third quarter were
the same three months last

said.—V.

revenues

179, p.

1954,

entirely new series of cash registers for the nation's merchants,
designed for the fastest and most accurate ringing up of sales ever
achieved,
was
announced on May 19 by this company.
An

Called

the

Class

51

series,

the

share

each

for

by

$2.66

$2.48

shares

the

held

of

share

a

share

a

in

1954

in

fixed

charges

the

the

1953

Bonds
The

than

to

required
the

Class

—V.

179,

$2,000,000 in special tooling were
the advanced principles of construction used in
Both inside and out, the series is entirely new.

blueprints

7,000

develop
series.

51

and

recently
&

Co.

See

offered

also

V.

102.42%

at

179,

first

Brcs.

ana

Hutzler

&

company

in

May

filed

Chemicals
land
N.

Division

Co.

Involved

and

J.,

owned

of

amount

The

addition

which

Fla., along with inventories, formulations and
the resin division.
The sale was for an undis¬

Pensacola,

trademarks

closed

1,

by

of

Natural

two plants gives ADM a total of six plants
alkyd
resins.
The other four
are
located at
Edgewater, N. J.; Toronto, CanacTa and Los An¬

Minneapolis, Minn.;
geles, Calif.—V. 179,

share

per

nine
for

shares

the basis

on

held.

An

unsubscribed

net

of

one

utility company.
In order to obtain funds to expand its utility
plant, Provincial is about to issue and sell 7,500 additional shares of
capital stpck at their par value of $40 (Canadian currency) per share,
be

offered

share
to

it

lor

for

each

purchase
would

In

a

and

of

rate

currency)

provisions

of

the

V.

the

on

date.

record

shares

of

1954,

National

With

shares

has

(Canadian

currency)

from

net

Company

and

request

to

hearing upon

a

Three
Net

sales

Cost

of

and

the

com¬

for

each

and

for

Net

for property

pay

Chemical Co.,
and

of

Cash

The

less

net

than

proceeds

be

to

are

shares.

10

used

No

underwriting will
for working capital.

to

be

O.

Wilcox,

smelting

March

The

Britain Machine

—V.

179,

covering

5,000

employees
month
be

May 20 filed a
shares of common

other

of

for

used

than

April,

loans.—V.

letter of

cm

directors

which

working

179,

is

capital,

stock

the

at

about

$24.98

with

the

notification

(par

$10)

average

share.

per

right

to

bid

be

price

The

reserved

the

to

SEC

offered

Earns,

pay

paid

..

This

Gas

Co.

stock

has

system
for

cash

a

(21,200

Berkshire
—V.

System—Sale Approved—

SEC

authorization

consideration

shares,

Gas

179,

received

Co.,

$25

par)

of

of

organized

and

to

sell

to

1953

$65,437,588 $59,861,645
47,058,123
40,168,033
4,089,112

Pittsfield

$662,500, all of the outstanding
subsidiary gas utility company,
doing business in Massachusetts.

its

was

for

1954—12 Mos.—1953

$

Operating

revenues

61,534,755

Operating

expenses.

44,657,358

Fed.

on

taxes

Other

oper.

income..

$

$1.59

(per share)(barrels)
refineries

$0.75

(barrels)

$0.75

8,271,000

4,772,185
4,124,629

18,767,612
16,519,897

15,737,012

Net

income

oper.

income

7,161,507

(net)

6,274,875

26,498,804

Interest

Dr58,lll

Dr590,852

Dr377,881

income

7,162,804

6,216,764

deductions

25,907,952

3,483,000

3,500,003

Filters

Inc.—Quarterly Earnings—

1,371,465

6,012,615

•Earnings

1954—3 Mos.—1953

5,563,226

•Based

on

4,845,299

average

5,112,058

19,895,337
20,448,232

$2.18

$1.90

$7.78

$7.41

number of

19,065,574

shares outstanding.—V. 179, p.

$1,373,420

Bell Telephone

Co.

—

inc.

taxes

143,000

198,000

705,000

Halsey,

Stuart

&

Co.,

Inc.,

managing

stock

$192,626

$668,420

on

restrictions

May

$0.85

$2.93

assets at March

Current

liabilities

U.

to

31,

S.

were

Co.

( &

debentures.—V.

3 Months Ended March
31—

179,

to

1.

tax savings

31,

reports sales
and

to

72

net

for

the

earnings,

cents

Cohen,

Pabco

six

after

share

per

President,

said

because

Products

The

notes,

had

company

of

on

sales

months

all

178,

ended

charges

525,000

on

that

the

comparable

Income
from
operations
Earnings before prov. for estimated
inc. taxes
Provision for Federal and
foreign taxes on inc.
-

Earns,
*—V.

per

net

share

178, p,

earnings

""
(on

1,960,000

2199.




shares)_."

p.

2040.

subscribed

for

Transferable

with

10,

the

to June 28,

as

result

a

warrants

will

for

a

year

its fiscal year

subscription

1954. See

issued

period

also—V.

efforts.

for

179,

to

^

new

share

share¬

purchase

of

2250.

p.

1954

1953
$

'

294,902.434 314,894,718
236,019,238 259,732,580

________

237,240
25,409,922

2,708,161

1

contribution

under

company's

3,065,823

:*

re-

plan

income

144,102
bonus plan

lemption of Benson

re

for Federal

taxes

;

303,000

528,704

Hedges bonds

&

income

on

115,893

440,000

taxes—

under incentive

on

231,686
29,947,605

...

,

________

service

State

_____

112.000

(includes,

profits

excess

taxes;
1954,
$175,000;
1953,
Credit for refund of 1952 tax)______

$700,000,

13,593.000

10,580,000

12,421,638

Net earnings

11,345,200

dividends declared:

On 4%

series cumulative

On

3.90%

common

series

preferred stock

cumulative

725,111

preferred stock

Earnings per
179, p.

738,616

484.074

492,951

7,665,763

7,342,462

2,876.171

2,448,121

$3.90

$4.13

—

stock.;

Common shares outstanding
—V.

share

common

1374.

Phillips Petroleum Co.—Wildcat Finds Gas—

The

the

Oil & Refining, Ltd. above.—V.

The

Helicopter Corp.—Bank

Chase

National

Corporation.

Co.,

both

which

the

000 of

147,215

1.980,861

52,000

2,432

610,000

131,131

$299,319

$144,783

$1,370,861

$699,376

$0.86

$0.42

830,507

the

Bank

has

a

oriiginally

finance
1

City

Participating

company

to

the

of

mortgage

1835-2145.

pp.

in

the

Buys RFC Loan—

of

loan

with

and

Philadelphia.

loan

mortgage

$4,800,000

of

ities at Plant No.

$23,149,686 $27,179,515

Bank

$3,875,000

Philadelphia National

Trust

179,

'

company's

with

402.

p.

1954—9 Mos.—1953

$8,185,849

their

of

be

31—

income

income

tirement

York

New
from

Chase
is

the

same

$20,000,000 "V" loan
was

authorized

construction

and

in

purchased

Reconstruction

the

Tradesmens Land

This

has

the

in

purchase

Title

Bank

of

group

are

and

banks

maturing in 1956.

1651

In

the

amount

equipping

of new facil¬
The company has borrowed $4,433,-

Morton, Pa.

authorized amount

and has repaid $558,000..
leaving $3,875,at March 31, 1954. It was stated that there will be
borrowings of the remaining balance of authorized funds.
Maturity of the loan is 1966, with provisions for accelerated
pay¬

000

outstanding

further

no

taxes

profit
♦Earns, per com.
♦Alter

share

deducting

$0.18

preferred

$0.08

stock

dividend

requirements.—V.

178,

1820.

p.

ments

based

on

earnings.—V.

178,

p.

1059.

Pitney-Bowes, Inc.—Reports Higher Earnings
Quarter Ended March 31—

Sales,
Net

Pacific

Gas

The

directors

redeemable

An

an

rental

U.

P.

to

Sell

$25,000,000

stock,
the

$25

Company's

scheduled

was

the

to

be

sale

of

value.

par

1,000,000

The

construction
filed

late

shares

proceeds

will

of

be

week

with

the

Commission

from

for authority to issue the stock and for
Commission's competitive bidding rule. A reg¬

the
will

be filed with

the

Securities

and

the

that

dividend

issue

rate

will

will

be

all
be

fixed

regulatory

necessary

offered

prior

publicly

to

the

on

Exchange Com¬
approvals,

effective

it

about June

or

1953

$676,452

767,938

2,493,122

175,592

725^952

$592,346

$1,767,170
1,470 009

of

whereby

merger,

Pacific

$0.90

directors

Gas

&

also

Pacific

Electric

Co.

authorized

Public
It

also

Service

date

terms

the

of

of

two-thirds of

of

favorable
view

of

vote

the

1954,

the

reg¬

be

agreement

merged

into

the

$207,184

merger
each

that

of each

Pacific

requires

class of

Gas

for

to

$464,434,

trust

is

fund

the

with

of

of

53%%

63,4%

a-

year

preferred

taxes.

$257,250

employees'

is

base

ago.—V.

pay

179,

p.

$0.39

most

of

total

&

the

stock

affirmative
each

Co.

now

vote

corporation.

stockholders

Electric

class of stock of that

of

is

owns

assured
in

company.—V. 179,

p.

the

first

declaration

quarterly

reUrement
for

25%

The

the

cash-wage-and-salary
of

$0.56

stock.

profit-sharing

sharing and

which

the

quarterly

on

employees

465,338
1,169.649

1,194 773

'

requirements

voted

payment amounts to

income

payment

plan,

dividend.

and

The

cash

employees, and

com¬

615.

Pittsburgh Coke & Chemical Co. (& Subs.)—Earnings
Three Months Ended March 31—
and

Profit

1954

revenues

before

Provision

Net

Cash

.

•

proposed

shares of

into

the calling of a special
for the purpose of approving

by Pacific Public Service Co.

fact

of two-thirds

would

an

merger.

the
the

Co.

into

dividend

directors

outstanding———

share

common

income
income

for

1953

$7,894,000 $1.3.136.000
32,000
1,575,000

taxes

taxes

792/000

authorized

meeting of stockholders on July 14,
the

entering

1,355,338

672,967

amounted

Sales
of

$8,227,132

1,402/967
share

common

per

•After

The

1953

$8,431,421

is
23.

statement.

board

1954

income

proiit

Number of

pares

obtaining of

the

service

taxes

quarter's profit before profit

program.

last

week.

this

Assuming
The

authorized

26

forward

statement

expected

Co.—Plans

and

before

•Earned

preferred

carry

exemption

istration

May

on

first

to

Electric

&

Stock—

application

The

$648,218

$0.30

Co.—Dealer-Managers Named—

29,989,456

Prior

of

in¬

Net

Approval
,

$0.70

25,172,682

31,

common

351,319

income

$0.49

29,715,919

Piasecki

taxes,

of

figures

previously.—V. 179-,

as

$7,300,197
Fed.

taxes

come

Federal

an-

group's

980.000

Consolidated
P'videnris

held.

March

Interest __'

761.

p.

March

and

shares

has changed

company

1954—3 Mos.—1953

:

before

stock

com.

which $563,042

Inc.—Earnings Higher—

Period End. Mar. 31—
Net

of

shipping goods, selling, advertising and

Finance

not available

are

shs.

sold

On

1954 was $1,706,781.—V.

to end Sept. 30 rather than Jan. 31

Subs.)—Earnings—
1954

20,119

29,167,277

Total

stock.

$3,898,147, including
resulting in net cur¬

$603,567,

6.4

of

"A''

on

1954

were

ratio

a

Treasury
tax liability.

equal

istration

New Jersey Zinc

$299,597

H. P. Liversidge, Chairman of the Board, Drexsl
Stanley & Co. have been designated dealer-man¬

June

Nonoperating

$3.58

outstanding.

applied

24

its

on

$210,624

Operating income

$804,982

$0.61

$3,294,580,
of

shares

12

Ended

of

Cash

$143,979

„

$7,726,808

Charles
ago

1724.

Underwriting Ter¬

underwriter,

V1Lcte^ii?atlon of underwriting

346,358

general administration

831,000

corporation

of

mission

offering of $25,000,000 of the utility's
3%

228,176

sales

Cost

$1,635,982

of orders at March

California

New Jersey

minated—

tax

share

by

1

17,656,818

5,112,058
share

N 1953

1954

$12,670,787 $13,187,461
438,799
666,073

income

taxes on

its forthcoming issue of common stock, is adopting
plan, under which participating dealers will be

Morgan

Cost of goods

1954—12 Mos.—1953

$390,626

of Preferred

per

Subs.)—Earnings.

Philip Morris & €0. Ltd., Inc. (& Subs.)—Sales, Etc.—

Opelika Manufacturing Corp.—Reports Earnings—

5,680,445

income
Dividends

(&

_

about

Provision

23,337,263

1,599,578

Net

business).

It was pointed out that all members of the National Association
Dealers, Inc., may participate by contacting the dealer-

each

Proiit
Total

the

tax

429,000

on

for each

and

See Husky

23,715,144

1,297

_

in

17,348,648

"

Other

1954

credited

2145.

the stock extending

8,793,000

$286,979

of

applied

Profit

56,984,012 241,429,825 223,919,043
41,812,323 179,643,512 167,118,239

5,349,654
4,366,236

taxes

$

income

profits

announced

holders

6,563,377

$1.55

taxes

$823,910

Backlog

England Telephone & Telegraph Co.—Earnings1954—3 Mos.—1953

Roller

the

Securities

A

Period End. Mar. 31-

&

in

of $21,139

use

;

p.

fee

a

Co.

of

of

New

Ball

included

managers, in care of Drexel & Co., Philadelphia.
The
company
plans
to
offer
approximately $30,000,000
of
common stock to present shareholders
on the basis of one new

2144.

p.

provision lor Fed.

This company, on
dealer solicitation

As

5,006,387

6,563,377

provision for dividend requirements

$378,000,
Coal

329,651

$225,481

Aetna

are

________

sh.

per

179,

to

,

of

January

Stores, Inc.

—

Philadelphia Electric

4,251,671

3,504,740

__

..

"B" share—

assets

This

Electric

operations
of

1954. does not include tax free refund

outstanding

Provision

earnings

1954

New England

the

operations

income

—V.

WLcox

inc.

for

•'After

bank

on

95,281
$95,426

___

§

taxes

the

are

Net

Earns,

Net

outstanding

End. Mar. 31—

before

Net

1050.

p.

produce

1954
.

share.

United

4Earns, per

to

during

proceeds

cents

$10,185,613 $10,435,554
stock

NOTES—Current

with

25

M.

2144,

p.

Oliver

rent

Co.—Files With SEC—

income-

on

includes

its

and

for

sales

Prem.

hand

company

SEC

the

at

Carl

to

31—

produced

$1,590,363 cash.

New

with

offered

plant

___

oil processed at

involved.

be

1953

$5,317,684555,132

190,707

usfed

first

the

income

common

dividends

Crude

The

not

Co.

Federal

and

Stolle,
agents in the State of Washington.
to pay for expenses
incident to

sales

be

notification

40,000

of

additions

Spokane, Wash.
Commission—

Exchange
letter

a

expenses

common

per

Period

units

based

taxes__

1954,
the Aetna Ball
Roller
Bearing Co.,
Paikersburg Rig & Reel Co. and the corporate
Parkersburg-Aetna Corp. For comparative purposes

to

excess

&

income

Federal

income

Provision

corporation on May 18 filed a letter of notification with the
covering 100,000 shares of 4%
cumulative preferred stock and
shares cf common stock to be offered at par ($1 per share) in

1954

income

29,
into The

Estimated

The offer¬

until

SEC—

450,180

$4,049,632

Subs.)—Earnings—

(& Subs.)—Earnings—

other

sales

Provision

applications.—•

Industries, Inc., New York City—Files With

for

.—

Jan.

Profit before

share

new

Depletion, depreciation and amortization

Shares of

National Negro Television, Theatre & Motion Pictures

SEC

operating

Months Ended

Earnings

persons

Net

Year

2040.

p.

to

used

as

to

are

Ohio Oil Co.

which

and $5.60

(&

/

Three Months Ended March 31—

oxide.

Net crude oil

interested

be

May 18 filed

on

proceeds

and

stock¬

right,

per

taxes

Peoples Drug

proceeds

net

expenses

2250.

Jr., and Tom Balfe will act

proposes

requests exemption from the
Act applicable to it as a sub¬

$4,499,812

450,180

directly to earned surplus (Earnings retained lor
179, p. 402.

paid

to
p.

are

179,

800,000 shares of common stock
share, without underwriting. Barnard

per

to

Provincial

$4,077,648

—V.

new

one-quarter right.

inc.

w

column

1953

Bearing

a

Securities

company

other

Provincial's stock

purchase warrants

to

The Commission has given

June 4,

p.m.

179,

$22.50
per

Holding

sidiary of National.
12:30

also

application,

separate

stockholder^ on the basis of one

additional

5,345

entitled,

holders at the

by

shares owned

two

the

be

(Canadian

subscription

Fed.

column.

subscription privilege
been given to the stock¬

covering

company

gas

to

proceeds

Process zinc

Co.—To Increase Investments—

Gas

for

changed

agers.

The

has applied to the SEC for an order authorizing it to
acquire its pro rata share of an offering of stock to be made by
Provincial Gas Co., Ltd.
National owns 10,690 shares (71.25%) of the
15,000 outstanding shares of capital stock of Provincial, a Canadian

for

prov.

additional

Northwest Refining &

—Files

erecting

National Fuel
The

after

__________

provision

merged

the

Peabody

Offered—The

employees, subject to allotment.

or

improvements.—V.

1834.

p,

1.055.151

income

name

letter of notification with the SEC
stock (par $1) to be offered at $3

Gas Co;—Stock

from

pany

The

these

inc.

Estimated

Northern

resulting

$4,688,432

before

Net

1984,'

associates, were quickly sold.

covering 99,966 shares of common
per share through J. R. Williston & Co., New York.
The
to be used to pay off loans, and used for drilling
completion of well, and working capital.

cash.

produce

can

this

of

division

Profit

com¬

Dallas, Tex.—Files—

a

838/24-7

(net)

taxes

sales

Income

14

inc.

$3,627,468

Effective

are

The

corporation's U. S. Industrial
was
disclosed on May 28 by Archer-Daniels-Mid¬
in the sale are U. S. I. resin plants at Newark,

resin

the

of

Provision

as

ing is not underwritten;
of

deferred

3 Months Ended March 31—

2249.

p.

on

and

$5,338,030

preferred

on

mortgage bonds due May
accrued interest by Kidder,

Nortex Oil & Gas Corp.,

Division-

Distillers Products Corp.—Sells

National
Purchase

for

Parkersburg-Aetna Corp.

was

314%

of

Salomon

and

holders

1161.

p.

_______

the

Sold—

$20,000,000

97,904

$6,778,719

1,645,920

income

179, p. 1482.

30,

of

issued

1954,

30,

$5,240,155

8,753

Balance
—V.

v

dividends

$6,769,966

_

net

Net

period.

17,350,316

amortization

respective

shares

1953

$22,590,471

revenues—__

Balance

12 months ending April 30,

before

and

April

basis
the

1954

(net)

accelerated

*

months ended April

12

ended

the
of

337,118

1953.

for the

to $65,179,171 for

after

months

12

(including

$70,667,058

$3,508,010 for

the

for

$38

More

Prov.

April 30,

information

merchants.

Gross

available

months ended

12

income

net

share are calculated on
outstanding at the end

2,696,950 shares

were

the

for

of

is offering to its common stockholders of record
May 25 the right to subscribe on or before June 8 for
365,400 additional shares of common stock (par $10) at

for

income

..

15,353,147

Preferred dividend requirement

engineering development and exhaustive field surveys
of businessmen's cash-handling and record-keeping
needs.
Stanley C. Allyn, President, said the new registers would provide
not
only better service lor customers but also more profit-making
years'

seven

operating

i

$22,123,113

_.

Interest and other deductions

as

balance

: -f,r

Light Co.—Earnings—

com¬

pared to $7,859,261 for the previous 12 months' period.

registers are the culmination of

new

at $25 per share

share

0.135

Inc.,

that

per
stock

and

compared

income
was

The

Co.—New Developments—

with

revenues

as

Net
stock

614.

National Cash Register

of

Net
Other

par

Electric & Gas Corp.—Earnings—

earnings

common

1953)

per

Operating

rate

reports
was

3,034,068

Gross

equal

share, after all charges, compared to $3,619,545, or/ $3.58
per share, in the corresponding period a year ago.
The current year
thus far shows a gain of 22.46% over 1953 in respect to net earnings,
according to G. T. Baker, President and Board Chairman.
to

*of

periods,

Nationals

quarters of

three

31,

stock

October,

charges of $1,020,541

capital gains

including

income

net

was

ended

months

nine

year,

31

taxes.

income

the

For

equal to $1.23
reported after

$1,247,894,

of

ended

no

subscription

Utilities,

State

compared

1953.

shares
months

the

at

South

corporation

common

1954,

Inc.—Net Profits Lower-

National Airlines,

Middle

New York

1075.

p.

its

revenues

taxes deferred

has

line

of

&

12 Months to March 31—

Operating

holder of 1,059,901 shares
(95.225% ) of the outstanding stock proposes to purchase 143,086 shares
of the new stock to which it is entitled pursuant to the pro rata offer¬
ing.
Proceeds of the sale will be used by New Orleans solely for the
purpose of financing its business.—V. 179, p. 2144.

2040.

p.

shares

150,213

to offer the shares lor

Power

Operating expenses and taxes

authorization to issue and sell an
common stock.
The company

corporation has received SEC

stockholders,

mon

748,000 shs.

3,000,000 shs.

10 cents)—

(par

corporation on May 19 filed a letter of notification with the
7,127 shares of common stock (no par) to be offered to

proposes

,!:C- l'";uT v

Pacific

covering

additional

PRESENT FINANCING

TO

Inc.—Files—Rights—

minority common stockholders of record June 1, 1954 at $25 per share;
rights to expire on June 24. No underwriting will be involved.

Corporation is engaged in the

Sidney Lott.

by its President,

Public Service

Orleans

New

poration's fortfolio of real estate properties and mortgages.

Monday, May 31, 1954

of
A
in

excess

2250.

profit

$32,000

dividends

on

Cash

dividends

on

Cash

dividends

on

•Earnings
•Based

—V.

per
on

$5

preferred

$4.80

share of

stock

preferred

common

common

39.000

stock_

stockstock

$783,000
40,000

71,000
:

229/000
'

Nil

71,009
*

204,009
$0.75

number of shares outstanding at end of
respective periods.

178, p. 761.

Number 5329... The Commercial and Financial Chronicle

Volume 179

Portland General Electric Co.—Revenues Increased—
Cross

operating

$10,115,932,

iy53,

income
with

with

compared

for

Thomas

to

according
the

for the first four months of 1954 were
$9,733,003 for the first four months of

revenues

W.

Delzell,

four-month

current

Chairman

period

of

the

Board.

$1,624,174,

was

Net

compared

$l,534,lj!94.

For

the

months ended

12

the

for

revenues

April 30, il954, normal operating

months

12

12 months

current

the

by

well

tion

revenues—

ended

April 30,

1953.

Net

income

$3,911,344 compared with $3,671,192.

was

for

the

Revised to

give effect to the two-for-one stock split effective April 22, 1954, per
earnings on the 3,000,000 shares of common stock outstanding
$1.30 for

were

the

first 12 months ended April 30,

the

previous 12-month period.—V.

179,

of

Electric

Power

territory

served

operating
from

the

of

and

and

was
3,193,524.
1953, about 72%
28% from its gas

earnings—For

ing

For

267,295

net

and

the

months

12

aggregated

revenues

$25,206,773.

the

about

income

CAPITALIZATION

and

total

1953,

March

ended

$235,548,631

year

31,

total operat¬

Railway

oper.

State,

GIVING EFFECT

TO

First

and

refunding

3V«%

series

due

1965

series

due

1968—————

series

due

1972—

10,000,000
15,000,000

taxes

10,140,114

10,036,297 ' 40,487,490

39,320,835

15,000,000

due

1979

75.000,000

$2,594,048

$9,529,196

$9,337,061

2%%

series

due

1980—

26,000,000

I>r26,909

Br 13,502

33,876

Ur88,274

3>A%

series

due

1983

30,000,000

series

due

1984—

50,000,000

Pfd.

$3(563,072

$3,248,787

8%

series

due

2037

9,040,500

stock

3,054,363

5%

series

due

2037

7,742,900

$1,771,305

$6,347,139

$6,194,424

50,000,000

45,000,000

3972—40.000.000

40.000.000

101,250

101,250

405,000

$1,670,055

$5,942,139

$5,789,424

$0.33

$0.32

$1.16

$1.13

3%

405,000

$1,712,719

♦Earns,
♦Oil

per

share

com.

-

3%%

due

—__

1993

18,195,600

debt due

Potomac Plan for the Systematic Accumulation of common stock
this Washington investment company on May 26 filed a registration
statement w.th the SEC covering $1,000,000 face amount of Potomac

cn

covering

used

to

purchase

Public
The

letter

a

has

of New
order

an

sell

to

be offered

to

Trust

&

with

at $2.50

Bradford,

Co.,

The proceeds

to,

are

Common

stock
to

as

stock

249,942 shs.

_.

250,058 shs.

series-——

(no

New

interest

England

New

in

New

Hampshire.

debt

of

i

$20,000,000 shs.

Public

Tran

Gas

mon Stock
and its promissory note in the amount of $2,240,000, sub¬
to adjustment in amount for changes in the book value of New
Hampshire Electric stock from May 31, 1953, to the date of acquisition.
New England Gas has
agreed to dispose of the 120,000 shares of Public

Public

(constituting less than 5% of the total) within five
from acquiring additional shares.—V. 179, p. 2145.

Service

Electric

&

Gas

Co.—Bonds

years

Offered—•

of $50,000,000 first and refunding mortgage
bonds, 3/4% series, due May 1, 1984, at 102.915% and
interest, to yield 3.10%, was made on May 27
by a syndicate headed by Halsey, Stuart & Co. Inc. The

accrued

May 26

on

Service

Lehman

the

issue

at

competitive

saie

on

.submitted

The

First

Brotners

Drexel &

for

c

Boston

3'/4%

Corp.,

Xjointly.); 1U2.079S1%;
(jointly), 102.3179%.

Co.

PROCEEDS—Net
the company's

and

purposes
that

for

rate

these

on

bonds

proceeds

general

for

from

lunds

construction

approximately $84,000,000
construction

and

Stanley

Morgan

&

and

Balance

$15,953,000

the

and

sale

will

the

of

be

used

expenditures.
has

been

bonds

for

The
will

or

will

be

added

general corporate
estimates

company

be

expended

in

1954

purchasers named below have severally agreed
the company the respective principal amounts of the

Stuart

Inc

&

Co.,

Jenks,
$7,700,000

_______—„

Peck

&

Kirkland

and

Anderson & Strudwick.

300,000

Arnhold

and

—

S.

Bleich-

Arthurs,

300,000

Lestrange

&

Co.

Ashmun

150,000

Co._

150,000

Auchincloss,

Parker &
Redpath____________

1,000,000

Fitch, North &

&

300,000
Co.

1,800,000

Co.—_______

&

&

Biair

&

Co.—

l.Ouv.uoJ

Blair, Rollins & Co.. Inc.

Co.

Thalmann

Marx

Coe—

&

1

pep

&

Denton,

Co.——_

&

Hutchison

Corbett &

500,000

Pick-

B-ptw

Lynch.

Fenner

Mu'laney,

a.

1,800,000

&

Wells

Co.

&

S.

400,000

100,000

E.

Co.——

350,000

Clayton Securities Corp.

200,000

Clark

&

&

Coliings

b.

and

200,000
&

Co.—_______

*

Co.—_______

600,000
200,000

6z

Crouter

Town.send,

Douglas

The

electronic components

filters

and

to be offered at par
underwriting.
The proceeds are to be used
incident to oil prospecting and development.—V. 179,
'
/."/lO-;
"
without

expenses

Williams, Inc.—Offering Completed—
ofier.ng of 4,000 shares of common stock
(par $5) at
by Schinner, Atherton & Co. has been completed.

Scott &
The

recent

share

per

V.

179,

2251.

p.

and

suppressors

Seaboard

Subs.)—Earnings—

(&

Co.

Finance

Months Ended March

Six

1953

1954

31—

finance charges on
instalment receivables and other oper. income $14,237,8(12 $12,838,993
Profit before Federal taxes on income—
4,558,965
4,420,736

Operating

PRESENT

TO

the

with

notification

17 filed a letter of
shares of common stock

51,000

share),

$7.87y2

speciiications.

EFFECT

Exchange Commission—

May

on

D.

N.

Bismarck,

Co.,

Development

Oil

company

covering
per

157,992

190,530

of

feet

FINANCING

and

income—Int.

Rothschild

c.

Schmertz

ally

Parke

Scott,

—

Horner

Co.

—

Shearson,

150,000

William

Seasongood

&

Hammill

Stern,

200,000

Fox

300.000

stix.

—

500,000

Stokes

&

Ginther, Johnston & Co.

300,000

Wa lter

Stokes

Green, Ellis & Andersoir

500,000

j.

Iowa

Co.—

Marshall.

&

Freeman

Gregory

&

Corp

Co._

&

&

Son
&

Hanauer

Hannahs,

Inc.—

1.000.000

Co.—

150,000

Haupt & Co

Hirsch

&

Indiana poll

Share

•

&
i

Weeks—

Bond

bardo.
Thomas
H.

Co.—_

&

&

Arthur

L.




$2

cum.

common

share

common

1953

$2,814,717
313,103
745,403

$1.18

Oil & Gas Co.—Profit Declines—

company

179,

Co.—

Inc.

Co.

Wright

•

Co.,

before

Profit

;

State

Fed. inc. and

for

profit

The

most

franchise taxes

consolidated

compared with the same items for

—:

current

Federal

179,

and
p.

other

taxes

"

elected

a

P.

1953
$345,^80

of

Prescott
board

the

of

The
tion
St.

•

v:f-

Pajier

Regis
Panelyte

of

a

serise

of

of

this company
booklets

information

installations.;
•a

«v

i

.

;.

,

*/,'/ '

v

/

to' guide

>'•'/.

j
i

•-

J.

:

11

i

)

h

l

4

♦Restated

practice

$0.95

on

fojr

the basis of the change

relating

s.l;.U7

SeaPak

*--f
■

/>

-

of Jan. 1,

1953 in account¬

The costs of unproved

Corp.,

to

the full cost of

life
/the
all unproved

Simons Island, Ga.—Stock

St.

Offered

jointly headed by French & Crawford,
& Co. on May 26 offered 40,000
shares of common stock (par $1) at $7 per share.
PROCEEDS
Net proceeds from the financing will be used princi¬
pally to erect additional warehouses and processing; facilities for fresh
and frozen sea foods, and to finance rapidly growing sales volume.
syndicate

Inc.

been

*

as

unproved properties.

to

purchase, a veservc equal
properties owned.—V. 179, p. Loj.

'

custom

$15,881,209 $17,775,149
4,516,844
5,083,117

31

March 31^

of

year

1,871,736

Ohio, has
p. 2200.

applicator

.<-i

$1,152,963
1,219,323

properties are now being amortized over the estimated retention
of such properties, whereas the former practice was to provide, in

and L. H. Rothchild

BUSINESS—Corporation was incorporated in
successor to Sea Island Packing Co.,
and is

Georgia in August, 1949
engaged in the process¬

ing and quick freezing of shrimp and other seafood products. The
company's general office, main plant and warehouse are located on
St
Simons Island, Ga. The main plant and three others in Valona-

has announced the publica¬
concerning 1/10" and 1/16"

trained

the

952,833
856,000
175.000

$1.19
at

ing

by-the-Sea (Ga.) Fortune (Newfoundland! and in Tampa, (Fla.i. have
total annual freezing capacity of from 25.000,000 to 30,000,-

the

designed

87,465

$1,457,033
1,219,423

—

March

$6,535,800
253,045

modern surface-—high pressure laminate. The
initial
three
booklets have be?n designed expressly
for use by the
ever growing
nnmber of "do it yourself" weekend builders. ••
Fully,; illustrated in color, -the new books include: ~"How to Install
St. Regis Panelyte," "The Panelyte Idea Book/' "The 1/10/ Easy-ToApply Bruchure," and a special "professional Booklet" fof.hoineniakers
whp prefer to have their Panelyte. installed t»y professional applicators.
The new "Professional Book"t" shows a sampling of model Panelyte

installations,

2,109.925
845,160
846,510

costs

shares

outstanding

of

liabilities

232,000

Co.—Issues Panelyte Booklets—

Division

Regis Panelyte,

$1,866,801
2,730.000

properties

income

assets'at

as

St.

$5,508,628

taxes

income

Current

Director—

Co., Cleveland,
directors.-—V. 178,

&

$5,779,336

250,000

unproved

of

Current

$113,980

'

•

of

Prescott

member

*1953
$9,440,690
3,661,354

depreciation

and

to $7,000,000,
issued during

$5,448,389
60,239

—

—

—

—A

(F. C.) Russell Co.—Prescott Becomes a

1954, has been com¬

1954
$9,654,897
4,206,508

——

•

Federal

9.
I '

income

Depletion

31,'54 Mar. 31/53

2,027,154

—

directors

Gain-

Show

Z.
general expenses

and

Intangible drilling and development

including provision for

liabilities,

26,

•

revenue

Amortization

balance sheet as of
the year before, are

$6,152,963
700,816

—

Feb.

Earnings per share

Mar.

assets-^—

current

Cash

Co.—Earnings

Oil

Total

follows:

as

Edward

200,000

v.

the

items on

important

1954,

10.
reported on

financing,

note

Balance

Other

Number

$56,165

-

—

of

by lot from among holders of reecord on May 5.
These
redeemed at the stated value of $100 per share, plus

Additional

Operating
Operating

350,000

'
-

31,

-

board

the

22

,,

$122,165
66,000

—-—-

April

50,000

Quarter Ended March 31—

1954

taxes—

share on the average

the corresponding quarter last year.

offerings of 3%%' notes, amounting
were
sold to institutional investors, bringing
the total
the six-month period to $20.000,000.—V. 179, p. 1205.

Subs.)—Earnings-

(&

Inc.

100,000

<fc

—

be

term

The

Net

250,000
150,000

1,259 0U
1,250,000'

Inc

the

of

will

pleted.

i

9.

p.

months ended

dividends of $1.4375 accruing to July

its

reported

$1.12
three

the

quarter,

second

DEVELOPMENTS—On

selected

were

unaudited net profit for the quarter
ended March 31, 1954, amounted to $46,279, before provision for Fed¬
eral income taxes,
if any, eeual to nine cents a share on 510,000
shares of capital stock outstanding.
This compares with a net profit
of $140,896 and 28 cents a share on 500.000 shares outstanding for
the first quarter
of 1953.
The decline in the main stemmed from
the
company's
greatly
increased
dry hole expenditures due to a
stepped-up exploratory program, and to faster amortization arising
from a change in accounting procedure.
The company's first quarter
gross
amounted to $292,831 vs. $310,851 in the like
1953 period.—
The

200,000

150.000
300/000

2,500

shares

$2,666,135
313,103
745,403

$1.26

on

no.

1,584,018 shares outstanding in

Seaboard

Total

400,000

share

a

avge.

year's

to $1,139,788, equal after preferred dividends to
the average of 1,867,421 common shares outstand¬

outstanding shares of the company's $5.75
sinking fund preferred stock for retirement on July 10, in accordance
with the annual sinking fund provisions.
The shares to be redeemed

2,766,000

———

244,567
1,426,025
1,536,930
$1.18

outstanding
of com. shares

This compared with $1,038,411, or 59 cents a

ing.

called

—

-

269,891
1,664,845
1,822,062

preferred stock
stock-

amounted

31,

cents

54

of

2,685,000

stock

preferred
stock

2,359,260
$2,061,476

common

this

in

income

1830.

Reserve

Total

Lom-

Walker & Co

1,600,000

■

Net

$19,747,603 $18,771,837
5,499,717
5,432,135

—

on

150.000

Co.

Inc.
&

on
on

Earnings per share on

2145.

p.

1-

income
on

200,090

&

200,000
■

———_—

taxes on income

dividends

150,000

Smith

&

Co.

179,

1954

taxes—

income

dividends

&

Co.—

Strauss

Stubbs,

G.

Meyer

Co

Weeden

and

Corp
-

600,000

before

Cash

200,000

&

1,000,090

Co

Hornblower

•■••••

250,000

Ballin & Lee

s.

Frank,

paid
paid

March

Subs.)—Earnings Higher—

(&

Inc.

1,800,000

750,000
Staats & Co.

R.

200.000

Steele

of

computers.—V.

as

sales

Net

&

Co.

:

Fauset,

devices

Three Months Ended March 31—•

—V.

Shaughnessy & Co., Inc.

&

such

2,248,762
$2,310,203

Average number of common shares

Video

in

(incl. excess

inc.

—:

Dividends

Series of Diodes—

announced

Also

encountered

March

&

Mayer—

income

FINANCIAL

200,000

Co.,

Inc.——„

Mason,

100,000

Evans

A.

Co., Inc.—

1N60

Type

Net

Poole, Roberts

Co._—_—.j—_

&

Clement

Net

share.—V. 179, p. 2251.

per

on

purchase 92,000

to

warrants

diode

germanium

Provision

100,000

Carp.

Secur.

&

&

inc.

300,000
1,800,030

Equitable

92,000

Quarter Ended March 31—

500,000

Inc

Co.,

F.

100.000

—

Deet jen & Co.

outstanding

taxes

profits tax: 1954, $45,000; 1953, .$37,000)—_

models just added to the Radio Receptor line
Detector Diode suitable for use in television
are Types 1N111,
1N112, 1N113, 1N114 and
1N115 which are particularly
recommended for applications requiring
stability, long life and operation at 55 degree C.—specifications usu¬
New

include

receivers.

Rittcr

Co.,

Co., Inc.—
—
Rcoinson-Humph-

&

be

for Federal

Provision

824,965 shs.

Dividends

Co.,

&

L.

1

also

Outstanding

1,500,000 shs.

(par $1)

600,000

rev

250,000

Co.,

&

Inc

Emanuel,

Ira

company

1953.

of

variety

capacitors,

Radio Receptor Co. Inc.—New

Hughes

qereer,

' Schmidt

Bodine—

&

&

Pollock

E.

will

150,000

Inc.

r.

Securities

Union

DeHaven

B.

the

square

to customers'

shares of stock at $3.25

V.

150,000

j

'ioj.ojJ

u.

Foster

The

($1

150,000

inc.

&

300,000

&

Inc.

Pizzini

w.

Co.,

Inc

J.

There

Writer & Chris-

inc.

Inc.—3,600,000

Burr,

Copeland

Patterson,
Peters.

2ou,ouo

Co.,

&

Overton

tensen,

Inc.

Firso

and

SEC

Authorized
Common stock

350,000

300,090

Kendall,

City Securities Corp.--

Este

time

307,000

November,
a

of

output is manufactured

p.

Pierce,

Beane

&

Leonard

Moore,

—

C. f. Cassell &

John

in

leased

manufactures

manufacturer

per

150,000

Merrill

,■

(100,000

Inc

Dallas

c., plant,

30,000
19,402
22,420/

30,000
14,195
16,158
11,258

1726.

p.

Schoonover

is a
in the
United States.
Capacitors are basic parts of a wide variety of elec¬
trical and electronic equipment.
The major portion of the company's
Pyramid

leading

&

Co.

Roger

Inc._—^

Ce-rts

preferred,

179,

See

N. C.,

that

$400,045

——

—Files With Securities and

will be

was

occupies

78,941

$333,547

stock

Common

Gastonia,

Earnings

150,000

Cooley

4.70%

—V.

will be used for working capital.

Since

J.

now

$478,986

95,441

common

series A
series B
series C
series t>_,

preferred,

pay

—V. 178,

Palmer Co.—

Bros.

C.

4.70%

250,000

150,000

C.

Gastonia, N.

new

for

preferred,
preferred,

4% %

2251.

p.

net proceeds of this issue

the

equipment for the

N.

and

222,338

$428,988

-

stock

preferred

available

1375.

City,

300,000

Co.„_.
&

300,000

W.

for 495.8 shares. —V. 179,

scrip

—

Outstanding:

4;,A%

p.

and

1,800,000

_:

&

200,000

Co.—

Coffin

Shares

$4,557,022 shares of common
conversion of $1.40 dividend preference

incorporated in New Jersey in November,
commenced its operations in October, 1945 in a small plant

Cash

Co.—

Newburger, Loeb & Co.
Newhard, Cook & Co._

Bv-8

$701,324

225,932

(net)

deductions

on

Balance

and

to

600,000

j.

ard,

additional

Jersey

Federal

2o0,000

Burns,

first

the

has expanded its
floor space. The
company now holds an important position in the electronics industry.
Its executive offices and main plant are located at 1445 Hudson Boule¬
vard, North Eergen, N. J.
The company has an additional plant in

1944
in

150,000

700,000

Bradford

Burns

by

mortgage.

upon

glncludes

BUSINESS—Company

Profit

Co.—

C.

issue

the balance remaining

Net

Stockton Broome & Co.

J.

$654,920

;;

deductions

before

etc.

Dividends

bonds

250,000

& Co

100,000

Stearns

William

Co.__

Konncndi

Loewi

1.250 nop

Co.„

&

Co.__

McMaster

Barth & Co

&

&

Taylor

Ladenburg,

200,000

Bioren

refunding

for

stock,

for

250,000

Inc

Joyce

Mackall

Co

Baxter. Williams

B.

Kean,

100,000

Aspden, Robinson & Co.

Barret,

John

John
'

Bearj

and

Rayonicr,

Space

Lane,

Co.,

Kaiser

roeder, Inc.—

J.

$676,084
25,240

—

$4,364,700

—_

of

proceeds---About $200,000 of
used

$150,000

Johnson,

150,000

S.

(excludes

19.0

issuance

Co., New York City, on May 27 offered publicly an ijssue
of 92,000 shares of common stock (par $1) at $3.25 per sh.

&

Grubbs

500,000

Allison-Wiriams Co.„r

C.

17,539

——-—,—
—

income

Net

Pyramid Electric Co.—Stock Offered—S. D. Fuller &

bonds, set forth below:

Halsey,
Adams

first

reserved

common

Co.

purposes.

purchase from

new

$636,381

income

income

.

Co¬

were

Kuhn, Loeb & Co.

PURCHASERS—The
to

the

due

further

operating

Interest,

CAPITALIZATION' GIVING

interest,

101.8899%;

The new bonds will be subject to
redemption at regular redemption
prices ranging from 105.92% to par, and at special redemption
prices
receding from 102.92% to par, plus accrued interest in each case.

to

1953
$2,211,601
1,535,516

—

depreciation and taxes

bonds

refunding
tUnlimited, subject to compliance with applicable provisions

mortgage.

bid of 102.3199%.

a

bids

follows:

and

of

1954
$2,384,577
1,748,196

April 30—

——

O her
as

award

won

$2,768,994

Water Works—Earnings—

Jose

Non-operating

port:

reacquired)

for

operations

Offering

group

$3,583,243

•

and

Electric

ject

stock

scries

$25,400
♦Closed

Hampshire Electric

Hampshire

New

held by New England Gas. Public Service proposes to acquire
this stock and to issue therefor 120,000 shares of its own $5 par Com¬

to refrain

$962i264

179, p. 2080.

Net

4,557,022 shs.
§9,379,530 shs.

*4,557,022 shs.

par)

and

Various

of

outstanding 15,000 shares of $4.50 cumulative preferred stock, $100
value,' and 140,000 shares of common stock, no par value, all of

and

279,157

$684,489

preferred

which is

Service

$3,048,151

244.021

revenue

per

has
par

$3,827,265

90,812

expenses,

Pa.,

Hampshire—Acquisition—

authorizing

its stock
of

$1,053,077

79,617

inc.

gross

Operating

Unclassified

the

to

Co.

$764,107

Operating

refunding mortgage
(principal amount)

Co.

Service

$2,893,761
154,391

250,000 shs.
249,942 shs.

stock

issued

Electric Association

Public

Bank

notification

of

without underwriting.
erect building.

Co.

$216,579
3,610,686

feries___li:__;—250,000 shs.

First

property and

Service

SEC

filed

Producers

of

share-for-share basis,

a

be

17

8,000 shares of common stock

stockholders

to

41,021

$997,735
55,342

12 Months Ended

—

share

926,740

$723,086

income

53 shs.

———'

ordinated

SEC

$3,820,501

1,067,181

58 shs.

Long-term

2145.

May

$1,283,760

326,223

income

from

San

($100 par):

series

$1.40div. pref. com. stk."(cum.) (no par)

Producers Corp., Bradford, Pa.—Files With SEC—
on

$1,323,958

327,088

New

Registers With SEC—

corporation

$1,050,174

4.03

The

The

372,0U0

(5% >—

1962

preferred stock

—V.

18,194,900

372,000

—

long-term

Cumulative

1%

of

179, p,

$3,643,488
177,013

income

Net

1963—

due

Misc.

-5.117,040 shares now outstanding.

Plan.—V.

$1,139,388
144,372

income

Deducts,

bonds:

due

6%
—

54,632

4,258,007
421,283

railway

oper.

7,537,800

dividenus

$1,269,276

34,303'

income

oper.

ry.

Gross

7,462,900

3,215,933

$1,813,969

—

Balance

50,000,000

809,241

ry.

Non-operating

29,700,000
,

$2,580,546

-charges

income

Net

$2,644,994

—

Debenture
Net

___

831,025

—

$1,015,865

inc.

oper.

operating income

24,960,000

etc. (net)

1.549,692
142,502

income

oper.

railway

Total

71,250,000

$2,671,903

income

401,688

133,895

578,217
130,926

taxes
taxes

Deductions from

15,000,000

series

revenues—.

income,

Interest

Railway

50,000,000

50,000,000

—__

1970

3%

$55,000,000

15,000,000

due

Gross

369,133
3,410,108
386,205

117,044

income

Federal

Other

3V»%

Other

3,559,145

City

and

t

3>/«%

1 j54—12 Mos.—1953

Outstanding

$1,809,000

*

bonds—

mortgage

series

oper.

:

1954—3 Mos—1953

,

prior lien mtge. bds. due 1954 & 1955

3%

&

their

$6,968,521 $15,323,348 $19,517,298
3,873,156
10,018,514
10,792,833

$5,401,197

expenses

County
:

Other

FINANCING

PRESENT

Authorized

Co.—Earnings Up—

regular

to

handling

Ry.—Earnings—

1954—Month—1953

revenues

taxes

Federal

1935.

$48,667,896

expenses

Net

to

$230,-

were

$25,562,807.-

was

Southwestern

Louis

amounted

revenues

2%%

Oper.

St.

Period End. Mar. 31—
oper.

1954,

income

net

operating

through

charge

of

gas

in

company

operations

free

13

179, p. 1726.

"Panelyte Idea Book."—V.

the

Railway

revenues—electric $12,812,017 $12,630,345 $50,016,686

Oper.

electricity

with

revenues

electric

its

distributed

being

are

Panelyte distributors and dealers coast to coast
i There
is a charge of ten cents to cover cost of

Regis-

customers,

1954, compared with

p.

1954—3 Mos.—1953

Period End. Mar. 31—

the

total

derived

St.

most

operations.

5%

Potomac

many

the

Of

share

$1.22 for

as

„

of the larger cities in New Jersey as
smaller communities. Based on the 1950 census, popula¬

includes

company

booklets

The

BUSINESS—Company is an operating public utility company engaged in the electric and gas business in New Jersey. Territory served

was

deducting temporary surcharge accumulations for comparative purposes
—were
$27,991,204,
compared with $26,337,577 of normal operating

(2373)

combined
000

pounds of seafoods.

EARNINGS—For

eight

the

months

ended March 31,

1954. the .com-

had gross sales of $2,808,595 and a net profit of $74 455. In
year ended July 31,
1953, sales aggregated $3,308,656 and
profit was $52,661.
pany

fiscal

,

UNDERWRITERS—Also
McClure

&

Humphrey

Co.;

Beil

&

Co., Inc.—V.

participating in the offering are
Hough; Clisby & Co.; and The

179, p.

2251.

:

..

*

the
..net

Louis C.
Robinson'

14

(2374)

(G. D.)
The

to

May 20

on

filed

less

at

of

(par

of notification with

letter

a

nuinoer

uiiuecenii.aeu

employees

SEC—

Co.--Files With

Searle &

company

ccvtau

offered

of

snares

the market price.—V.

than

the SEC

stock

common

179, p.

$10)

at $13.50 per share. Concurrently, the com¬
offered and sold to certain investors an additional

pany

be

to

7,684 shares at $13
PRIVATE

Seattle Gas Co.—Earnings

Higher—

Period Ended March 31,'1954—
Operating revenues 1
Operating expenses and taxes

buy

,

3 Mos.

—-

$6,382,998

plus

May

5,714,557

1,

sale

on

income

income

$296,030

$668,441

Dr3,727

Drl,176

(net)

to

Gross

income

Interest
Net

$292,303

deductions..

income

dividends

Preferred

paid

dividends

Common

$477,665

872

paid

58,588

share

$0.80

*$1.55

Dividends per common share

$0.20

$0.80

of

Earnings per

the

business

common

share earned in the

May

1954,

1,

be

to

due

will

proceeds

loans

used

be

outstanding

the

treasury

Mo.

amounts

Feb.

10,

Springfield, Mo., a
supplies water
protection purposes in

Ave.,

1911,

in

and

fire

industrial

cor¬

Maine,

shares

corporation organized in Maine is the

a

owner

of

value

par
of

the

of

value of

par

$10

each

of

the

outstanding

of

$100

Springfield

each

series

of

E,

cumulative

preferred

outstanding.

now

This

will

company

refrigeration

$2,200,000

spend

plant

compressor

in

in

the

doubling

of

capacity

Inch,

Evansville,

Walter

DIVIDEND—On June 1, 1954 stockholders of record on May
1954 of the 92,540 shares of outstanding Springfield common stock
will receive a
20'i stock dividend payable by the pro rata issue to
them of 18,508 shares of such common stock. The
purchasers of the

its

22,284

Seeger,

Chairman,

announced on May 14.
This expansion, he predicted, will
result in the employment of several hundred people in addition to the
3,500 now employed by Seeger in Evansville.
"The money for expansion," Mr. Seeger said,
"will be spent for

production
units of

this

machines

a

has

and

refrigerators
179,

caused

by

the

to

the

death

Beckman
fill

to

the

has

since

Sherman
The

been

elected

of

its

1954,

of

equip¬

and

company.

Mrs.

Main

founder

Sherman,

and

Vice-President

Janet

Sherman

M.

Iowa,

1946.

holds

and

the

offices,

Sherman

Power

Digger

sales

first

consolidated

stock.

common

experienced

quarter

net

of

sales

this

1954,

for

the

with

in

Royal

For

months

reported

ended

$26,040,729

of

industry

the

first

the

in

of

quarter

1953,

after

capitalization.—V.

same

1954—5 Weeks—1953

&

Steamship Corp.

March

(&

31—

177,

178

1954

—V.

17S,

company.

the

of

with

$1,929,630

north

and

Net

the

1

east.

income

After

shares

of

an

which

lag,

were

March

that

At

into

month

one

increased

in

the

after

provision

the

35

cents

per

the

annual

meeting

of

the board

36

cents

per

share

the

on

increase

charged for gas delivered

although the company incurred
period, net earnings Tor the

in

number

same

rates

of

for

the

Thermoid

Gross

sales

Co.

(&

737,818
378,000

of

79,064

The

Securities and

company

May 21

filed

11-year
shares of

6%

on

Profit

before

Income

1954

income

1,099,055

and

taxes—

365,000

786,051

-———..___—

profits

184,100

394,500

$130,900

$350,451

profits

excess

tax

41,100

—

profit

179,

covering $135,000 of
at

and

par

$7.50

The net

2,025

share,

per

both

proceeds

be

to

notification

subordinated
stock

common

through G. "H.

are

of

to

used

debentures to

$1)

(par

Walker

finance

with

&

to

Co.,

the

corporation

-

-

1727.

p.

The

S.

tanker

S.

Dock

Co.

Tide
The

yards

the

May
in

Water

News

yard

this

Tide

for

the

The

be

be

offered

of business

Stewart-Warner

Net

sales

Mar. 27,'54

„;

Provision

for

State

596,303
income

loss

of

taxes

Archambault

announced

Corp.'s

7,500

7,500

used

*407,669

$603,803

—

Dividends paid on preferred stocks
;
Est. provision for potential loss on future
sale
of assets of Sloane-Blab; n
Corp.„_„—_
*

linoleum

have been shown
assets

for

expenses
division are

as

of

as

1953

not
net

a

May 12,

applicable

included

in

$859,749

of

sales

and

CALIFORNIA'S

STATEMENT

OF

EARNINGS

sale of

B.

series

and

shares

recently

associates,

of

6 r/r

The

cumulative

publicly
quickly sold.

series

that corporation's

9.47

July

See

preference

share

per

also

V.

bv

p.'

179,

—

Dividends

&

Co.

"

Including

interest

and

called

at

2,915,327

2,730,045

120,905

912,168

857,318

Profit

—V.

100,170

716,130

661,1-93

$16,295

$188,880

179,

from

it

of

to
up

iilecl

letter of notification

a

common

be

to

receive

to

$10,000,000 first

—V. 179, p.

11

stock

to

be

offered

used

to

complete

for

ture

with
par

($1

Corp.

bids

a.m.

at

its

iCDT)

on

office,
June

20
8

North

from

for

the

due May

1

Net
Net

—V.

from
ry.

This

redemption
plus

July

on

cumulative

share,

railway____
railway

$289,823

$284,847

$205,014

119,651

119.370

income™

49,390

55.103

24,167

66,503

1951

capital

current

March

at

assets

to

$0.25

31—-

36.252,000

37,397,000

f-

March

at

$23.15

92,452,000

87,852,000

31
liabilities

current

at

3.13 to 1

and

next.

expenditures

179,

;

—

820,127 1

has

company

the

for

net

on

179,

reported

first

of

Co.—Sales
profit

net

quarter

sales

1954

of

$3,188,460

of
as

the

for

Profits

and

$261,757
compared
first

to

Up

sales
profit

net

on

net

quarter

of
of

of

1953.

due

date

109.

p.

1.1

Trans World

stock,

amounting

through July 2 into

The

to

shares

of

of

May
the

May

on

deposited

24

in

and

1953

$7,143,934

$8,149,485

6,975,332

State

Income

The

'

New

to

the

a
total of $2,325,000 in sinking fund and interest
its borrowings from the Equitable Life Assurance Society

United
Mav

1945-46
1954

of

advance

1954,

28,

payments on
of

Airlines, Inc.—Reduces Loan—

corporation

The

States,

24

V.

A.

deposits

Vice-President-Finance,

Leslie,

fulfill

sinking fund

all

announced.

interest payments
its agreement with
loan negotiated in

and

$1,8,049,000.

deposits

York

being

are

with

made
the

under

trustee

as

Bankers

the

indenture.—V.

loan

Trust
179,

Co.

of

48.

p.

7,366,071

taxes

establishment

of

French

a

Herbert

Dr.

May

on

T.

3,000

271,738

$0.13

$0.43

Triad

270,000

$513,414

271,736

documents

Technicolor

Kalmus,

have

Transformer

SEC

corporation

covering

Corp., Venice, Calif.—Files—

at

$10

to

reduce

share,

per

bank

May

on

20,000

filed

19

shares

of

letter

a

common

notification

of

stock

(par

$5)

to

with
be

underwriting. The proceeds arc to be
and for working capital.—V.
178, p. 1376.

loans

the

offered

without

Twentieth Century-Fox Film Corp.

plant

President

signa¬

for

in

and

Paris

General

17.

important
said.
with

policy

of

Technicolor

picture

the

of

name

capital

a

the

of

motion

French

The

between

been

new

billion

one

Technicolor

of

and

Motion

financial

is

company

used

francs.)

interests,

its

Societe

Ended—

Mar. 27,'54

before

Federal
Federal

for

income
taxes

375,427

income

176,418

175,609

188,321

175.699

79,925

83,764

2146.

a

with

14

two-week

affiliate

profit

of

after

compared

to

taxes

for

cents

share

a

shutdown

due

Technicolor

taxes,

$231,837

of
for

the

for

to

the

last

Ltd.

for

last

step

is

Picture

for

the

of

a

1953.

Ltd.,

Corporation,

first

quarter
1953

quarter

Technicolor

strike,

a

Motion

$299,149

Technicolor

I

Co.,

Springfield,

$26,795,961

4.033.030

1.798,965

taxes.—_——
income————

on

Net

earnings
Earnings per common ishare—
—V.

179. p.

1,990.000

775,000

$2,048,030

—

$1,023,965

$0.74

$0.37

.———-

1

1523.

of

was

quarter
1953.

the

showed
of

Net

1954,

Ultrasonic
Harold

holders

Jr.,

President,

in

an

10%—

interim

by

10 V

shipments

for

the

informed

report,

shipments for the first six months of

exceeded

year

Corp.—Shipments Up

Danser.

that

the

comparable

stock¬
fiscal

current

period

of

last

year.
Total

shipments

for the

period

were

approximately

$2,500,000.

com¬

profit,

$937,148.—V.

179,

prising

electrical

control

miscellaneous

and

Tennessee Corp.

United

(&

Months Ended March

equipment,

electronic

advanced

products.—V.

electronics

178,

p.

equipment

2480.

Carbon

Co.

(&

Subs.)—Earnings—

Subs.)—Earnings Higher—

31—

1954

Sales

1953

$19,499,000 $17,465,900

Consolidated earnings after provision for
deprec.
Prov.

Water

Mar. 28,'53

$27,714,373

income

Profit

laboratories

1206.

p.

Weeks

13

Total

Picture

be

This

expand

to

to

(& Wholly-Owned

Subs.)—Quarterly Earnings Up—

world.

754,135

394,547

for

vision

est.
for

Fed.

excess

income

profits

tax

tax)

(1953

incl.

4,074.700

2,920,900

pro-

.

2,100,000

Net

sales

Profit

Consolidated

'-Based

per
on

net

earnings.

&

taxes

State

1954

.

—-

—_

Fed.

income

income

income

$9,168,953
2.046,909

726,000

1,020.000

taxes

_____

_

$1,974,700

$990,900

$2.23

12.000

21,000

$1,029,681

taxes.

$1,005,909

—

income

Earnings

per

-

share

-i

■_■.

$1.12

share.—

885,064 shares presently outstanding.—V.

—V.

179,

1953

$8,650,094

1,767,681

———

1,930,000
Net

""Earnings

—

before

Federal
State

Mo.—Stock

Offered—Moody Investment Co., Springfield,
Mo., on
May 18 publicly offered 14,600 shares of common
stock




8,320,000

2188.

p.

Torrington Manufacturing
The

200.000

preferred

dividends

expenses—,

completed,

and

net

3

railway—

City

2,96 to 1

9,418,000

31

3 Months Ended March 31—

1,007,353

Springfield

securities

$0.68

$0.25
$24.90

'

$237,010

1,036,025

p,

of

—V.

value

asset

93,182

63,052

railway.

12,793,618

$0.69

Commodity

net

2,

2nd

conv.

accrued

resulting in the drafting of final

compares

after

1952

oper.

179,

in

The consolidated, net profit after taxes on income
of Technicolor,
for the three months ended March 31, 1954, is estimated to be
$363,494 equivalent to 19 cents a share on the new stock outstanding.

as

1953

from

working

Provision

the

1984

1954

oper.

Government

&

Capital

SEC

the

Inc„

purchase

From Jan. 1—

Gross

unit will be at the

convertible

are

negotiations

Despite

from

Net

179, p. 2146.

reported

Technicolor

Wacker

Spokane International
RR.—Earnings

ry.

with

$165,602

Kalmus

Dr.

a

Net

price per

per

Federal

the

been

The

the

at

for

Manager,

well.

mortgage bonds, series F,

|

Cash

unit, the proceeds to be
underwriting is involved.

paid in cash on c'ommon stock
;
share of class A & ciass B com. stk.
179, p. 1523.

British

Net

1514.

p.

8,748.000

12,793,618

per

No

per

have

2252.

April—

for investment

$1,000

profit

'

Gross

Mr.

Technicolor, Inc.—To Establish French Plant—

2146.

p.

Southwestern Gas & Electric
Co.—Bids for Bonds—
plans

2,913,009

$167,303

through Jock Hemingway.
Hemingway Associates, Las Vegas
net

company

units

notification

Divids.

Exchange Commission—■

Chicago 6. 111.;

11,661,000

1.850,000

:

earnings

The

Net

over

The

at

of

__L—

continuation

Drive.

the

$20

shares

costs

Provision

386,967

depreciation.—V.

are

10,738,000

„

8,888.000

1954—7 Mos.—1953

$4,415,859

Qirr<he«C0r^0raci0nrtn0niMay of
17
covering 50,000 shares
proceeds

issued

income

$4,732,505

SEC

The

letter

a

investment account.

stock.—V.

Operating

Southern Great Basin Oil &
Gas, Inc., Las Vegas, Nev.
With Securities and

Nev.

178,

Talon, Inc.—Quarterly Earnings Off—

$624,337

—Files

share)

tax

income

$3,691,315

1950,

Negotiations

per

Chairman,

14.-—V.

3 Months Ended March 31—

$29,838

—

June

it

stock,

Bioren

2251

108,019

Surplus

income

(estimated)

tax

by TWA until November,
1954, i under
Equitable, and reduces the original $40,000,000

406,060

„_

Knowlson,

on

director,

a

per share.
The record date for redemption is May 25, and
transfer books will be closed from May 26 to June
1, inclusive.

137,787

^Expenses
Taxes

1954—Month—1953
$681,704

_______

be

1954,

1,

filed

18

participating

to

the

common

Southern Canada Power
Co., Ltd.—Earnings Higher—
earnings

S.

duties

new

and

$
111.444.000

required

convertible

$27

at

May

finance

of

Total

Period End. Apr. 30—

President

cents

the

i

Gross

elected

by> James

26
his

company
has called for
of its outstanding 5Vaty

shares

178, p. 2096.

offered

were

Federal

income

outstanding at March. 31
per share
Dividends paid per share:
Book value per share at March 31
Net

account.

The

36,000

been

1953

1934

119.199.000

revenue

Sunray Oil Corp.—Calls 200,000 Preferred Shares—

related

Corp.'s
categories, but

Southeastern Public Service Co.—Stock
Sold—
The

May

on

Contracts

to

the

10,600,000

The

before

$160,606

Sloane-Blabon

respective

of the

Profit

Federal

be

and

built for the
sister ship, will

2252.

—V.

to

their

item because

1953.—V.

Lemon
p.

86,526

Including adjustment of minority interests.
and

has

assume

number of

a

Futures

1_

After

costs

on

will

company

covering

li¬

division:

loss

1968,

1,

Stocking & Co., Rocky River, O.—Files With SEC—
The

'

Net

May

March

444,580

_

Sloane-Biabon

due

Ratio

Mar. 28,'53

$9,399,287 $13,062,852

taxes.—

operating

noleum

debentures

interest by Johnston,
See details in V. 179,

Subs.)—Earnings—

Months Ended—

Loss before
Net

(&

fund

accrued

Corp.—New President—

into

Archambault

Smith, Inc.

and

quickly sold.

were

to

being

Shares

I.

Bennett

(Alexander)

3sinking
100'#-

at

associates,

at

R.

was

Three

of

offered

and

other

and

Net

territory,

new

$8,000,000

Co.

Sales

offered

Providence,

expansion

&

tankers

Associated

Water

four

of

year

twin

of

second

Baltimore.

at

year

COMPARATIVE

super¬

products—
Shipbuilding & Dry
eastern division fleet

the

for

the

is

tanker,

this

Va.,

27.000-ton

petroleum

of

News

Co.

launched

fourth

later

Newport

News,

Oil

DELAWARE

Newport

The

the

modern,

barrels

200,000

at

Newport

-A-

tanker

launched

19

Associated

the

at

third

DELAWARE—a

-A-

carrying

of

on

FLYING

launched

be

FLYING

capable

launched

$

State Loan & Finance Corp.—Debentures Sold—
recently

i

'

company.

April 1, 1954, Salvador D'Antoni was elected Honorary Chairman
the Board.
Dr. Joseph S.
D'Antoni was elected Chairman of the
Eoard, succeeding Donald U. Bathrick, and was also re-elected President
of the corporation.—V. 179,
p. 1271.

SEC

1°53

$9,302,397

645,132

taxes

Excess

of

Exchange Commission—
letter

a

1953,
the

for

2146.

p.

$3,309,495

Quarter Ended March 31—

—Files With

179,

Subs.)—Earnings—

profit from operations

$620,594

the

of

adjusted

1953.—V.

15,

-

—

Gross

is

Simplified Farm Record Book Co., Chapel Hill, N. C.

months

three

same

shares' and

common

effective Feb.

granted

Three Months Ended March 31—

was

director's

of

the

permitted

FPC

common

or

$1,815,476

748,174

109,840

per

Jan.

On

purchased

gas

preferred -stock
dividends amounted
to
share.
This was comparable with

for

or

held

$18,331,009 $17,562,477

of

for, due to the so-called

time

rates

first quarter,
the entire

for

expense

t

co.

effect.

giving effect to the increase in

for only

$1.63

outstanding.

the

compensate^

1.

to

amounted

31

stock

in

increase

increase

rate

a

March

common

not

until

place

to

ended

year

experienced

rates

wage

regulatory

the

9,395,760

company

company

the

for

the

on

Tide Water Associated Oil Co.—Launches Tanker—

395.000

$676,616

La.,

Kinder,

from

pipeline

574-mile

company's

its

underway

share

of

1720.

p.

than

existing pipeline system at Portland, Tenn., will
about June 1.
The pipeline, expected to be placed in
service
this fall,
will provide increased sales and greater flexibility
in the transmission system Tor winter deliveries to customers in the

1953

income

of

MCF

1,448,124

of

average

en

pipeline system during the first three
during the same period last year,

its

more

Subs.)—Earns.

subsidiary com¬
panies applicable to minority interests

1954—18 Weeks—1953

$6,097,341

i%

'

Fruit

Estimated provision for income taxes__„__
Portion of net income of foreign

At

$7,287,054

or

31.

of

the

on

Income before deductions shown below
Prov. for deprec., amortiz.
and abandonments

Shoe Corp. of America (& Subs.)—Current Sales
Up—
Ended May 1—

delivered

and

through

day

connect

cor¬

of

share

per

—

Period

sold

per

1954,

on

March

in

provision

$1.18

Quarter Ended

Net

Sales

Increase—

Construction
to

(the

esti¬
completing the authorized pipe
amount to approximately $134,000,000.
of

cost

would

program

the company s

to

payment of
short-term notes
As of March 31. 1954. it was

the

used).

so

applied

will be

financing
to

were

remaining

according to the

—V.

the

Mich.:—V.

Oak,

television

corporation

three

sales

the

by

taxes, the company reported consolidated net income

or

Standard

parts of a line of construction
equipment distributed nationally by the
located

gas

of

based

volume

1683.

p.

the

company

natural

Net

the

and

which

expansion

quarter

__

the

lor

the

and

program

of

that

This

of

$3,451,048

elected

titles

proceeds

.

Deliveries

J.

Inc.

are

the

of

$1,737,045,
p. 2479. I

Transmission,

agricultural

2146,

p.

provision of $459,000 for Federal income taxes, consolidated net
income for the
1954 first quarter amounted to $406,306,
equal to ap¬
proximately 28 cents per share on the 1,470,000 outstanding shares

the

of

was

same

lower

in

$2,041,000 for

Vincent

line

After

vacancy

left by the death of her husband.
Secretary-Treasurer and a director of

manufactures

Combination

machinery

B.

the

179,

currently offered shall not receive said

$18,971,300, compared
responding period of 1953.

Etc.—

fill

to

14

May

vacancy

been

Products

President,

George

incorporation in

corporation

Sherman

ice-making

and

President

named

was

Secretary-Treasurer.

Romain

company

refrigeration

Inc.—New

has

recent
F.

board

Mr.

generally

of

Romain

W.

Crampton,

commercial

stock

common

dividend.—V.

Reflecting

freezer

9.

Products,

A.

company,

home

manufacture

to

oxfercd

of

$3,330,377

larger type. Through years of extensive research,
developed an improved compressor unit."
a
major contract manufacturer of home freezers

and

p.

Sherman
William

.

is

company

ment.—V.

equipment

of

Standard Coil Products Co., Inc.—Earnings Decline—

and

new

company

The

and

shares

stock

mated

and

STOCK

17,

Seeger Refrigerator Co.—Plans Expansion—

proceeds

get

^

Water Co.,

82,430
shares

the

be

to

net

expansion

for

the

area.

fli

stock

The

$1,035,030

March 31, 1954; and
heretofore expended

of

as

for

follows:

as

c<j>mmon stock of Springfield, and (2)
29 shares of
the par value of $100 each of the
outstanding 245 shares of series A,
I'/r cumulative preferred stock of Springfield. There are 12,447 shares

12 months ended

1974,

statment with the SEC on May
first mortgage pipe line bonds,
public sale at competitive bidding.

registration

a

$25,000,000

covering

months

92,540

of

-This compares with $1.06 per
March 31, 1953.—V. 175, p. 1865

bank

reimburse

Consumers

$232,894

in

dated

plant additions.

Springfield,

239,784

$184,292

Reinvested

full

to

net

poration organized on
residential, commercial,

4,987

at the principal amount
1,
1954,
$1,000,000
first

May

be

to

BUSINESS—Company of 701 Boonville

18.9,600

$243,752

—-

in

pay

$667,265

48,551

from

bonds

1954,

1,

1984.

$181,992
for

May

interest

±lh'/<

D,

PROCEEDS—The

Operating

after

or

accured

series

mortgage,

company also has
agreed to sell and The
Insurance Co.
of Newark,
N. J., has agreed to

Life

private

thereof

12 Mos.

$2,102,420
1,806,390

1954,

SALE—The

Benefit

at

filed

company

26,

share.

per

With SEC

Tennessee Gas Transmission Co.—Registers
The

due

1935.

Mutual

Other

May 31, 1954

The Commercial and Financial Chronicle... Monday,

p.

1271.

178,

p.

—

2480.

(Continued

on

page 57)

$1.29

Si.26

Number 5329

Volume 179

The Commercial and Financial Chronicle

...

(2375)

When

Per

DIVIDENDS

Name
Celanese

Dividend announcements

the

In

tables.

first

all

nounced during the current week.

table in which

the

Then

dividends
we

an¬

second

follow with

payment date.

■

■

_

■" ' -fJ

.

Share

Laboratories, com. (quar.)____
preferred (quar.)

4%

Electric Co.,

Acme

5%

preferred

Acushnett

Ahlberg

Process

class

Aluminum

Aerovox

Corp.

Affiliated

A

8

7-

1

6-

8

6-

4

6-19
6-

1

25c

6-

1

6-

8%c

7-

1

preferred

1

4%

6-15

6-

4

Wood

Steel

Artists

15c

6-15

6-

1

Mfg.

Co.,

IOC

6-15

6-

3

CIT

6-21

6-

3

,

Bank

.

6%

Note

preferred

Co.,

Barge

American

Line

6%

American

5%

Bosch

Corp.,

preferred series B

Financial

American

Crystal Sugar

4V2%

Co.,

prior

7%

Co.,

5%

preferred
preferred

Common

7%

$1.50

7-

1

6-15

4%

2nd

$1.25

7-

1

6-18

$1.25

7-

&

preferred A

$5

preferred

Shearing

6-18

7-

1

6-18

1

6-17

&

Dairies, Inc.,
7% preferred iquar.u

30c

7-

1

7-

1

American

Express Co.,

Common

i$100

62 V2c

increased)

6-11

Commercial

6-11

Commonwealth

Solvents

6-

7-

1

6-24

Compo

30c

7-

1

6-11

Connecticut

$3

7-

1

6-11

_

American

General

Insur.

American

Hoist &

Derrick

Home

(Texas)
Co.

Products

35c

Corp.

Common

(quar.)

preferred

American-La

__

_

is-al

Locker,

American

Locomotive,

preferred

class

Reserve

American

Safety

American

Ship

6%

(N.

Corp.

Razor

Co.,

preferred

Metal,

Ampco

Anaconda

_

Mining

___

Class

B

4%%
Arundel

Corp.

Asbestos

pfd.

is-a)

Ashdown

6-

4

5%

6-10

6-

1

7-

6-15

1

6-

9

Crane

6-23

6-

9

Crown

1

6-

3

Deep

3

Del-Monte

7-

1

6-15

7-

1

6-15

$1.23

7-

1

6-15

6-30

6-10

7-

1

6-11

50c

7-

1

$1.50

7-

1

6-15

6-15

5-28

7-

1

6-

2

6-11

Delaware

&

2

6-11

Delaware

RR.

7-

1

5-28

Delta

7-

1

6-10

Dempster

6-30

6-18

Denver

75c

Gordon

6-30

6-

4

6-25

6-

3

5%

6-15

6-

4

Granite

6-15

6-

1

30c

7-

6-15

Gold

iquar.i.

_

Topeka

Santa

&

Fe

Ry.

6-10

5-23

8-

2

7-14

7-

1

6-16

7-

1

6-16

Dewey & Ahny Chemical Co.

7-

1

6-16

Di! Giorgio

6-29

6-10

Dixie-Home

7-

6-15

Dominion

+25c

1

6-30

Voting. Machine

Foods,

Class

A

Babcoek

Inc.,

1

6-10

7-

1

6-10

8-

2

6-25
6-17

5%'

Co.

Bancroft

(Joseph)
meeting held

at

Barber

Basic

Oil

4%

5-28

6-30

6-15

15c

—

__

6-11

(dividend

omitted
50c

iquar. 1

5%%

pfd.

iquar.)

$1.43%

__

—

15c

_r__

$1

iquar.)

(quar.)

15c

Cigars, Inc. (quar.) _____
Bell Telephone Co. of Canada (quar.i
Aviation

Bessemer

$1

Lake

&

Biltmore

|Hats,

A
Co.

R.

Black-Clawson

BeTl. Inc.

R.

pfd.

C.)

(H.

5%%

Co.,

El

6-17

Electric

6-17

Electrical

5-15

Eliott

&

45c

quar.)_

Brass

Columbia

Corp.

preferred

Co.

2nd

Erie
Ero

f $1.50

Bush

Terminal

Calif.

Electric

$2.50

Ink

California
Camden

&

Canada

Co,

Bread

5%

Co.

OO PT

7-16

Ewa

6-30

Ex-Cell-O

Corp.
Co.,

6-10

Fairbanks

7-10

6-10

Fairmont

Canada

preferred
Northern

dividend

This

validity
This

is

dividend
blocked

4%.%' preferred A

1

10c

7-12

6-11

Farrel-Birmingham

7-

1

6-15

Ferry Cap & Set Screw

7-

1

6-15

6-21

6-10

Field

75c

iquar.)...

1

6-15

Firth

7-

2

6-16

Fisher &

7-

2

6-16

15c

______

7-

UOc

(s-a)

Inc., com.
__

Ltd.

_

__

7-

3%%>

1st

Amer.

Castle

&

5-31

30c

6-10

6-

3

39c

6-10

6-

3

International

Salt

addition

to

February

the

but

litigation

1

6-15

7-

pfd.

(quar. 1

6-15

Foote-Burt

Cooke,

Foundation

Co.

7-

2

6-10

Fundamental

Less

40c

net

also

Funsten

40c;

iquar.)

20c

_

93%c

_________

ord.

1

interim

(quar.i




(accum.)-—

(quar.)

______

Kentucky

Co

:

—

6-30

6-14

7-

1

6+17

Interstate Department

7-

1

6-18

Investors

Quarterly

6-30

6-14

7-

1

6-14

7-

1

6-14

Irving

$1.65

7-

1

6-18

6-30

6-15

7-

1

6-15

15%

Mexican

6-30

6-

4

6-15

6-

1

7-

6-18

6-14

6-

7-

6-10

8-

1

1
1

6-15

$5

1

7-16
6-

4

35c

1

6-

8

7-

1

6-

8

62 %C

7-

1

6-

8

37 %C

6-25

6-10

25c

6-25

6-15

6-25

6-15

25c

+

7-

56 %c

— —

— —

7-

2

6-

1

10c

6-15

6-

4

45c

6-18

6-

8

Co.

dividend
<R.

E.)

10%

of

Co.,

6-15

25c

7-

1

12 %c

3

6-15

•

7-

i-

I

____

6-30

;

6-

■

9

6-15

6-7

1

6-15

7-

4%%,
Gabriel
Gannett
Class

preferred
Co.

6-15

6-

7-30

6-30

24c

6-15

6-

1

$1

6-15

6-

1

7-

6-22

9

making

cents

common

from

7 % %

i__.
:

'

40c

7-

7

6-14

6-

6-

3

1

5"2%

4%%

—-——

—

lCc

6-

1

conv.

(J.)

pfd.

<fc

7-

1

6-21

15c

pfd,

preferred

(quar.)

convertible

—

preferred

iquar.)——_

2

6-

4

7-

2

6-

1

f75c

7-

1

6-

7

6-30

6-18

6-30

6-18

15c

6-30

6-18

6-

1

6-

1

6-

1

6-

1

7-

1

6-

1

——

40c

6-25

6-15

+10c

6-30

5-31

7-15

50c

7-

1

(quar.)—

6-15

43%c

7-

1

6-9

6-25

25c
(quar.)—-:——

Fund,

interest

dividend

and

6-15

6-

7

6-24

6-21

5-28

30c

7-

1

6-

7-

1

6-15

8-

2

6-

1

8-

2

6-

1

Kansas

Gas

4.28%

4Va%

&

Electric

Co.,

preferred series A
preferred

common

(quar.)

50c

3

6-28

6-18

7-

6-16

1

6-15

6-

7-15

6-30

6-30

6-

9

1

$1.07
—

7-

1

6-

9

$1.12J/2

(quar.)—

(quar.)

7-

1

6-

9

$3

6-

1

5-21

Kansas, Oklahoma & Gulf Ry.—6%

preferred A, B & C
Kearney & Trecker Corp.

(s-a)
iquar.)——4.—
—

Kelley Island Lime & Transport
Kennecott Copper Corp.—
Kewanee Oil Co. (quar..)—

Kirsch Co.

i—•:

(B.) Co. (s-a)
MineSi Ltd. (interim)—

Luz

Christy
Steel

Co..:

Co.

preferred
Fink

iquar.)

Products

(quar.)—__*_
_______

(W.vS.)—

■

———

1

6-10

7-

1

6-11

7'/2c
15c
50c

5

6-15

6-

6-

1

5-21

8-

2

7

6-24

23

6-10

——

6-30

6-10

6-25

G-ll

6-26

6-14

6-

5-27

1

6-18

6-

7-

1

6-10

7-

1

6-10

4

1

20c
45c

6-14

6-

6-14

6-

1

37V2c

6-12

6-

3

1

6-15

6-15

37V2c

7-.

1

6-15

—

(quar.)————

22'/2c

7-

1

6-15

Class

6-25

preferred

7

6-11

1

90c

(quar.)_;

6-21
6-

1

7-

6-25

class A

1

6-18
7-

7-

6-30

Corp.,

7-

50c
$1

$2

Lexington Union Station, 4%.
Liberty

B

6-

37V2c

6-15

convertible

6-15

6-25

G2V2c

—

Corp,

Special

Loan

15c

10c
10c
12l/2c
25c

Lawyers Title Insurance (Va.) iquar.)
Leath & Co., common (quar.)——

&

2

t5c
25c
80c

_____

iquar.u—

Lakey Foundry Corp. (resumed)-——Lanston Monotype Machine Co. (quar.)

Lehn

6-

25c

—

Kuppenheimer

Laclede

6-

5-27

6-28

15c
—

iquar.)————
—
4% preferred (quar.)—_______—
Kuner-Empson Co., com. (quar.)
6'%
preferred (quar.)_—*.—————_—_
com.

Laclede

6-15
6-30

30c

^

(quar.)

Extra

Koppers Co.,

1

25c

35c
$1.25

(quar.)

Keystone Portland Cement—
New common
initial
(quar.)„

6-25

6-30

6-11

2

10c

1

7-

7-15

8-

inc.)

(quar. >—

6-30

28 V»c

62'/2c

Inc.—rInc.,
(quarterly

34%c

(quar.)

6-23
6-

10c

s-a)

,l

Stores

3 7 Vac

$1.50

iquar.)

6-30
6-12
6-15

—~i_

Lewis

Co., common

25c

Jamestown

5-21

56 %c

Co., Inc.—
B

5

6-23

Telephone, 5% 1st pfd. (quar.)—
$1.25
Joslyn Mfg. & Supply, com. iquar.)
50c
4 '/2 %
preferred (s-a)
.'
$2.25
Kable Printing Co, (quar.)—
—25c
Kansas City Public Service Co., 5% pfd.____
$1.75
Kansas City Southern Ry., com.
(quar.)
75c
4%.
non-cum. pfd.
iquar.)
50c

Trust Co.

$2.50
_______

(quar.)—_______—

1

6-

Services,

Selective

derived

7%

—

Diversified

Investors

La

4

50c

:tl5c

12c

tax

6-

6-15

10c

dividend

7-

________—

4

25c

I

—

1

6-15

5-21

62%c

Imperial Paper & Color Corp. (increased
Imperial Tobacco Co. of Canada Ltd.-,Quarterly
International Mining Corp. (resumed)

25c

$1.50

iquar.)

6-

1

6-

Telephone & Telegraph Corp.—•

.'

Natural Gas

1

6-15

6%c

100%

(stock div.)

(initial)

International

(quar.)

(interim)——*.—

C-

1

100%

6-10

40c

___—

6-11

6-15

15c

6-21

35c

iquar.)

4

7-

$1.50

common

Silver Co.,

(quar.)——

Ltd.

7

6-

15c

International

(quar.)

________—

of Canada,

6-

6-25

12 %c
il2%c

—

3

—

(s-a)

7

6-25

N. Y.)—

6-

40c

&

7

6-

18c

(Bklyn.,

dividend)

pfd.

common

1

6-

1

R.—

(stock

non-cum.

6-

1

60c

6-15

10c

Investors "

Co.

Garfinkel
Ltd.

R.

Central

Common

62 %C

6% preferred.—-——_
(increased)

Go.

6-18

Ltd.—

dep-receipts

;

$1.37%

Fitzsimmons Stores,

1

Fresnillo

_

Inc.

Illinois

6-14

7,7-

12c

1
.

(s-a)
Co.

Ltd., class A

6-10

;

7-26

50c

Carreras,

see

5-25

15c
_____

Hydraulic Press Mfg. Co.

62 %c

(quar.
Marshall Field

6-10

25c

(quar.)

5-28

—_

Porter, class A preferred

Frankfort

in

preferred

6-12

Co._.

Carpet

ii5c

$1.06 »/4

_

(quar.)_

payable after its
determined
by the courts.

& Kennedy

Hubbard Felt Co.,

6-24

____

5-24

25c

(quar.)—

Humphreys Mfg. Co.,

6-10

•

by

Carey Baxter

W.l

50c

iquar.)

Participating

be

in

Co.

4

1

7-

55c

——

—

+62 %C

__

(F.

6%

Fiduciary Trust Co. (N. Y.)
(Marshall)

Horner

New

(quar.)

4

6-

6-

20c

—

6-15

:

6-

6-15

40cj.

(quar.)

75c

Ltd.

6-17
6-14

6-15

43%c

(quar.)
Ltd., class A—

6-15

(quar.)—_

;quar.i_

1

6-24

time,

$1.62%

(quar.)

8-25

divid.

a

this

Transit, common (quar.)

preferred

1

50c

C2c

25C

Ry.

Corp.,

Co.

pay

at

Semi-annual

5%

1

40c

common

6-15

9-10

$1

(quar,)—,

(Va.)

7-

___

iquar.)

to

—

Guaranty

7-

$1.75

62 %c

_

iquar.)

Tel.

&

5*. Va c

Extra

6-15

Insurance

6-15

_______

Faultless Rubber

7

Home

15

6

1

7-1

—

(quar.) ___j
(Hawaii)

6-15

i s-a)

s-y.

7-

$1

Group

—

pfd.

6-21

7'/2c

stock

(quar.)

Finance

1

iquar.)_

preferred B (quar.)
Famous Players Canada Corp.,

M
1 1
D-i.1

6.

preferred

5%

7-

37 %c

5%

Co.—

declared

6-15

7-15

37Vic

(quar.)

Co.

7-1

12 %c

Family Finance Corp.,

6-11

62 %c

pfd.

iquar. 1

is

1

8-2

6-10

35c

:

_

com.

com.

Home

6%

15C

6-15

jlJ

Co.,

51%c

(quar.)

Railway Motors—

5-27

O

common..

Power

payment

1

5-28

40c

————

preferred

1

7-

Furnace

Homasote

25c

_

6-30

7-

6-28

iquar.)

County

will

6-

6-10

6-10

6-8

35c

(quar.)———

not

Co

50c

(quar.)

6%

150c

Capital Transit

1

F| 10

6-30

56V4C

lquar.)_

Corp.

52 %c

preferred

6-10

75c

(quar.)___

Ginger Ale

Dry

$4.25
Canada

7-

6-

6-15

467/8C

(quar.)

50c

iquar.)

pfd.

$2.50

Ltd.,
B

Vi-18

43c

quar.)

iquar.)

Co

Plantation

6-10

40c

iquar.)___—

Co.

class

\6-15

25c

10c

lquar.)_.

1

_

(quar.i

pfd.

Burlinglon

prcf.

$1.25

1—,

(quar.)

Inc., 5%

7-15

8-

15c

_

(bi-monthly 1

fund

6-15

(quar.)

37 %c

_

5%

Power

sinking

12 %c

'quar.)_—

Co.

Co.

15c

iquar.)—____

Bldgs,

Railroad

Mfg.

Eversharp,

_

Inc.

Co.

6-

6-15

5-25

OUt/

Watch

Terminal

1

1

6-19

6-15

Holland

4

7-

50c

5-28

Radio

Title

Emporium Capwell

1

Powder

Tel.

7-

C- J|4

6-30

12%c

(quar. )■___._—

pfd.

6-24

6-30

9c

(quar.)—

Hoffman

Home

6-16

7-

preferred

Home

6-30

6-10

Y.)

4

50c

(quar.)

(quar.)

$4

W.)

(George

Honolulu Rapid

Corp

Co.

6-10

55c

(quar.)

Ltd.

Co.,

5-23

35c

(quar.)

iquar.)—*
preferred (quar, 1

preferred

1

iquar.)

again voted
$7 class A

the

on

5-20

6-

25c

Directors

1

6-

6-21

7%

iN.

Steel

6-10

$0.2637

10c

7-

6-10

7-

25c

(Fla.i

Co.

Co.

Tobacco,

2%c

iquar.)

6-15

Emery Air Freight Corp. (s-a)

,

Bulova

4

Bank

7-15

6-15

iquar.)__

iquar.)

Corp.

6-28

25c

Consolidated

common

1

(quar.)__—

preferred

Organ

Helemano

6-28

7-15

5-28

—_ —

__

Corp.

Co.

7-15

—

Elmira & Williamsport RR., 7%
Emerson Electric Mfg., common

40c

—

Brooklyn Borough Gas

Bush

6-

6-15

Co.,

4

5-31

Inc.—

preferred

5%

6-

1

1

(quar.i

— .

(quar.I

Buffalo-Eclipse

5%

Telephone Co.—

Market

Bucyrus-Erie

8-21
11-19

7-

6-30

$1.37%

'

V*

Broadway

1

7

50c

(quar.)_

(quar.)

Manufactur ng

British

1

6-

6-15

iquar.1

Co.

6-

7-

com.

___

Gas

6-18

Printing. Co. (quar.)
(increased)

F.)

conv.

t$ 1

______——

preferred

Products

9-

6-21

1

20c

(quar.)_____—

Auto-Lite

6-

1

6-

6-21

$1.50

—

(quar.i,

5'/a%

Natural

Paso

Insurance

Co.,

7%>

iquar.)

,

class A

A.)

11-30
7-

6-17

$2.50

Co.

Brass

Bristol

6%

(increased

Albany R. R

Bridgeport
Brillo

$1.12»2

6-15

25c

com.

6-15

50c

(quar.)__50c
Hawaiian Electric, Ltd. (quar.)
50c
Hearst Consolidated Publications, Inc.—

on

(s-a)

6-15

6-30

Hastings Mfg. Co.
(quar.)
Hathaway Manufacturing Co,

20c

(quar.)—

Egry Register,

5-15

(W.

Haloid

Helme

iquar.)
Iron
(quar.)_______

preferred

1

Hall

6-15

6-30

._

_——

Steel

6'/a%

7-15

6-

Life

class A

Hartman

6-15

7

6-30

(initial)

1954)

Harrisburg

6-16

6-

}40c
$62%c

(quar.)

Hanover

2

6-21

—„$30c

(quar.)
—

(quar.)

6-15

7-

7

'

at

(quar.i

6-11

6-25

6-

$1.06%

Corp.

com.

5-19

6-23

6-15

37%c

1

$2

7-10

12%c

1

action

held

omitted

_____

7-

6-11

6-19

1

25c

iquar.)

6-28

6-22

1

6-

$1.37%

com

Die

&

(series

Hammond

U7%c

common

(quar.)

B

7-15

25c

iquar.)—;

prior preferred

Boston

Co.,

preferred

10c

+

15c

com.

A.)

Class

6-10

15c

Bohack

(C.

(Thos.

Edison

Gulf

6-11

6-

5-28

6-15
7-

pay¬

iquar.)

Corp.,

Gulf Cities Gas,

6-25

5-20

quar,)

Laboratories,

Malleable

1

Tap

pfd.

4.50%

6-

Co.,

preferred

6-15

6-10

iquar..)-

Stainless

6-

Greenfield

1

1

(quar.)

common

(quar.)—
B.)

Eastern

6-15

1

6-16

4

Gas

Greyhound

6-23

l%c

preferred

$3

Ltd.,

Edgewater Steel Co.

6-30

(quar.i_______

pfd.

7-

6-15

1

62'/2c

(quar.)—

common

Copper Co

preferred

$1.50

7-

6-

Corp,, Ltd.. (quar.)

Eastern

6-15

$1.50

(s-a>__

iquar.)

iquar.)—

4'/2%:

(A.

125c

$3

Co.,

6-14

1

6-30

12-15

6-21

(s-a)

(quar.)

6-30

75c

common

Co.

meeting

at

(increased

7-

1
1

7-15

iquar.)

Bobbs-Merrill

77-

7-15

1:50c

.

(quar.i

Erie

Ltd.,

preferred

Blue

Corp.

Stores

Corp.

4.20%

Greenwich

5%

$1.25

iquar.)

International, Inc. (quar.i
Truck Co
2
Duquesne Light Co,, com. (increased
3.75%
preferred iquar.)_;
4%
preferred iquar.)
4.15% preferred (quar.)

6-18

1

2-55

725c

6-

31 Vic

<accum.)__

(dividend

Paper Ltd., com.
preferred (quar.)_
pref. (quar.)

Cananea

6-14

$1.50

(Directors took no

Fruit Corp.,

5%: preferred

1

1

7-

Bayuk

Bendix

6-

7-

Greene

4%%,

6-14

1

71-

il2'/2c

(quar.)

May 27.

Lakes

6-15
.

A

pfd.

on

on

$1

Duplex

May 27)

Optical Co., com.

preferred

6-10

18 %c
50c

_

1

4

Industries

Hercules

preferred

Dunham

6-16

7-

6-

action

no

$1

Dunhill

._

Sons
on

Corp.

Loinb

&

6-10

(quar.i

Refractories, Inc.

Bausch

15c

reduced)-

1

(quar.)

Wilcox

7- ,1

RR.

Douglas Oil Co. of California,
5%%
preferred—
___:
Draper

25c

West.

payment

Glass

DuMont

7-15

37'/2C

_

So.

Corp.

preferred

7-

Corp
Inc.—

common

common

&

7%

15c

—

Steel Products,

&

Dominion Square
+

1

25)

May

-9

6

6-18

7-15
6-18
7-

35C

petroit Mortgage & Realty (quar.)
common

6-15

5c

4

on

6-25

25c

6-

Detroit Steel

6-11

Great

3%

RR.

6-lo

$1.25

—

Automatic

Western

Detroit

Hillsdale

6-30

30c

(quar.)

Derby Oil Co. (quar.)
Detroit Gray Iron Foundry Co._

7 %c

iquar.l

Grande

4

Co.—

__

6-15

15c

7

35c

iquar.)

B

,__

12 %c

(s-al—■_—

A

Class

,

59%C

i

Class

4

:

50c

—

4

6-

50c

5%%

meeting held

Lakes

6-

,

iquar.)

(quar.)

class

meeting held May 27).

7-11

3

iquar.)—

:___

Manufacturing Co.

Gray
Great

6-14

6-

took

at

10c

(quar.)

6-

•1:25c

City Electric Co.

Rio

9

ment

6-14

(quar.)

Mfg.

Co.

Ltd.

Corp., 5%> pfd. A
pfd. (accum.)

Directors

7-23

_

(quar.)__

Y.)

10c
50c

——

Telegraph

City Steel Co.,

$1

(stock dividend)
Co.

(N.

(quar.)_—__

50c

50c

_____;

Automatic

B/G

&

B

conv.

75c

7%C

(s-a)

Co.

Mill

Class

+37 %C

(quar.)

50c

__

7-

50c

6-

__

_l—

6-15

7-15

2

(s-a)

2

_

_

1

2

8-

25c

20c

_

78-

20c

7-

iquar.)

(quar.)______:

Electric

1

$1.25

$2.50

Hudson Co.

iquar.)

Mackay Stores,

50c

Properties
Co.

Co.

Stock

&

Co.

Insurance

Graham-Paige

$1.31%

6-29

:_

A

com.

(quar.)

Glen-Gery Shale Brick (quar.)
Falls

6-15

Northwest—

___

Glidden

$2.50

Oil'Corp.

'

7-

the

(quar.)

preferred

$4.92

1

iquar.).

Rock

6-11

6-15

$1.50

25c

...

Corp.

1

1

$1.25

of

Co.

Georgia Power Co., $5 pfd. (quar.)—*,.
$6 preferred
(quar.)——

4

(s-a)

Zellerbach

7-

Hardware Co., Ltd.—

preferred

Co.

7-

7-

6-15

10c

preferred (s-a)__
Ciampton Mfg. Co

6-23

$1,25

62!/2c

*_.____

5-14

6-

—

5%

preferred

7-

__

(quar.)___

Co.

6-15

6-11

1

1

preferred

6-

(quar.)

com.

7-

50c

iquar.)

7

6-

Telephone

$5.50

6-15

(quar.)

Shoe,

7

$1.37

6-17

(quar.)

7'/2C

iquar. 1

A

Atlantic

Craddock-Terry

Corp.
Co.

6-

6-16

$1.25

U5C

_

iquar.i_

B

5%

6-14

Ltd.-—

(quar.)

Class

Atlantic

7-

10c

class

Class

Atchison,

Chemical

1

Corp.,

6-15

6-30

General

6-15

iquar.)_

iquar.)

(quar.)

Petroleum

Cowles

$1.50

iquar.i.__

Corp.

H.)

U.

preferred

$5.25
Cosden

4

12 Vr.C

__

iquar.)

_

Ltd.

|

5-28

$1

(quar.)—■

Corp.,

9

6-

6-

60c

.

iquar.)

Co._

Corp.

preferred

1

6-15

$1.75

com.

iquar.)

Constable

Arnold

.

_____

Rubber Co.,

Armstrong

7-

6-15

$71

__

(quar.i

Oil

Coinen-Dubilier Electric

9

$1

....

_

_

(quar.)

Development

.__

Fuel

6-

12V2C

common.

(quar.)_

Smelting Co.

1

20c

6%.preferred

Angostua-Wupperman
Arkansas

7-

7

62'/2c

1

1

(s-at

(quar.)

Foundry & Machine

$1.50

Co.,

Copper

Continental

50c

(s-a)__

(quar.)__

common

Anglo-Newfoundland
Quarterly
Apex

Y.

iquar.)

Inc.

5-27

$3

(quar.)

iquar.)

Sugar Refining Co.,
7%> preferred iquar.)
American Thread Co., Inc., 5%
Tobacco

8

6-

1

7-

(incrsd. quar.)__

Corp.

common

6-15

7-

6-17

____

Commercial

$1.25

(initial)

6-

7-

6c

(quar.)

pfd.

Ltd.

7

6-

6-15

$1.18%

(quarterly

•;

Continental

6-11

Corp.

6-10

72%c

$1.37%

6-11

(quar.)

$5

Rendering Co.

_■__

6-

43 %c

(N.

American

American

6-25

Y.)

6-25

iquar.)

1

—

Co.

Corp.

(N.

Paper

Consolidated
Extra

Co.

20c

is-al

Y.)

.____

Snuff

Dearborn

Edison

Consol.

25c

_

(quar.i

Building Co.,
(annual).

preferred

American

Co.

Insurance

Wool

4

$1.75

Republics Corp.

7%

(quar.i

Finance, $6 pfd.

American

Rock

4

6-

Consolidated

1

6-15

(quar.)

Co.—

Management

10c

common

Re-Insurance

American

6-

6-15

25c

(quar.)

A_____

American

American

6-15

1

2

7-

preferred

Glens

(quar.)

Investment

8-

40c

preferred

7-

income)—.—,

Machinery

Consolidated

_•_

(quar.)

American National

1

75c

_____

__

France-Foamite

American

7%

_

__

6-

6-14

6-12

Shoe

3

$5.50

17 %c

(quar.i

Investment

investment

9

$4.75

2

25c

Stamping

Cigar Corp., common
$5 preferred iquar.)—

2

6-10
7-

20c

4.

(monthly)__
American Insulator Corp. of Del.—

6-

30c

20c

(quar.)___

(quar.)

Corp.

from

66-

6-

America—

Consolidated

($10 par)

common

pari__

American

Prior

9

6-15

$1.75

1

1

6-16

6-25

Quarterly

$1.12%

common

9

7-

6-10

6-21

"

American

6-

40c

preferred (quar.):.
Telephone Co. of Illinois—

25c

Commercial

7-

1

50c

Quarterly

68% c
43 %C

9

7-

4

General

15c

1

iquar.)

6-

1

$1

of

1

$1.25
com

iquar.)—

ser.)

9

7-

6-15

$1.75

*

(quar.)
preferred (quar.).
Co.

(1954

6-

75c

(quar.)

Insurance

6-11
6-

1

6-30

7-

Inc.—

Co.

1

6-15
7-

$1.25

i_

•

General Railway Signal Co.,
5%

7-

8

25c

$2.50

iquar.)

Co.

4

6-11

50c

(quar.)

(quar.)

6-15

1

15c

Corp.,

(1952 ser.)

A

7-

$1

(interim)

Life

$5

preferred

preferred

Peabody

6-10

6-11

25c

(quar.)_;

$2.50

Cluett,

7

7

1

pfd.

conv.

6-

7-

Miils

Molybdenum

3

7-

$2.90

pfd.

6-15

Climax

6-

6-

6-

1

20c

(initial)

com.

5%

6-30

7

6-

6-21

6-25

1

7-

25c

iquar.)

Equipment

6-25

6-

6-

Inc.,

6-30

1

1

new

Mills,

Precision

10c

7-

6-14

Electric,

General

7-15

7-

15c

10c

20c

6-15

4

(quar.)>.

(quar.)

(quar.)

Inc.

37 %c

Cleveland

25c

Dry Batteries

1

$1

iquar.)

General

6-18

5-21

20c

quar.)

(quar.)___

par)

6-15

—,

40c

4

6-15

1

7-

$4

■

:

Worsted

6-

($25

6-30

6-11

iquar.)__

5-25

50c

6-16.

(quar.i___

com.

1

6-14

6-

iquar. 1

6-

($100 par)

6-30

6-15

__

preferred

62 Vac

6-25

1952

preferred

preferred

Co

Neon,

Colonial

5%

1

1

5c

(quar.)—

50c

7-

iquar.)__

6-18

6-18

7-

__:

Corp., com.

j___

(quar.)

75c

A

6-29

1

JlOc

2nd preferred

Corp.

General
'

Claiostat Mfg.

_

Contract

6-

7-

—

(quar.)

General

6-15

_

Candy

General

Pacific Ry.

&

35c

_

General

6-15

Co.—-

Tex.

6-15

5

6-15

1

$1

Orleans,

1

1

4%

1.1

7-

6%

(quar.)

New

iquar.)__

<quar.)_

Can

convertible

6-11

7-

R.—

1

13 %c

1

5%%. 2nd preferred series of
American

6-11

50c

6-10

$1,12%

(increased

com.

preferred

$2

(quar.)

^

pfd.

1st

Inc.—
Claussner Hosiery Co., 5% pfd.
(s-a)___
Cleveland Quarries
(quar.)_—____________

(quar.i

5%

4%

6-15

& Electric

Gas

preferred

Claude

(quar.)__

Co., common
preferred (auar.i

6-11

6-

10c

.___

(quar.)

Corp.,

$2

7-

75c

Felt

6-11

Co.

75c

7-

1 quar.i

American

Cable

(quar.)—i_

$1.25

iquar. 1

common

Box

General

Holder»

50c
iquar.)__

com.

(quar.)—:
Ltd. (s-a)

Bakeries,

General

6-11

37 %c

Y.)

(N.

Products Corp.: (quar.)
City Railway (Dayton) com. (quar.)__*
6% non-cum preferred (quar.)___________

Corp.—

5 V2 %
preferred l initial-quar.)
Amalgamated Sugar Co. (quar.i_.
American Agricultural Chemical Co.
American

General

6-11

6-11

City

iquar.)

com.

pfd.

5%

6-11

6-11

(quar.)

& Trust

Semi-annual,

(Watertown, N. Y.i—

Pictures

6-11

_________

Cincinnati,

preferred

25c

(quar.)

Valve

Cincinnati

12V2C

$4.50

25c

i__

40c

Alan
Allied

5-17

When

Payable of Ret.

15c

Gauley Mountain Coal
American Investors,

General

35c

Bank

Quarterly

(quar.i__

(quar.)

Agricultural Insur. Co.

1

Share

(quar.)—2

Railways

Gary
.

35c

'

$3

6-

(increased)

com.

Chicago, South Shore & South Bend R.

5-27

75c

Inc.,

3c

Burlington & Quincy R. R
Chicago Dock & Canal (quar.)—.

_____

Equipment

7

Chicago,

6-21

,

(quar.)

Castings Corp.

(quar.)

Gas

6-

$2.50

iquar.)

Bearing,

1

luc

ls-a)._

Advance

7-

$1

1 quar.i

common

Chemical

45c

____

conv.

7

6-

:

Chapman

0/ R"

Per

Name of Company

7

6-

1

______

(increased)

common

preferred

Holder1

6-

1

7-

_.

Extra

6%

When

Payable

6-24
7-

—i.

Warehouse Co.—

Non-voting,

.

Per

Name of Company

Abbott

Extra

Holdera

Payable of Rec.

12 %c

$1.75

(reduced)-

com.

Products vot.

Fibre

Central

we

1

$1.12%

America,

of

Central Detroit

show the payments previ¬
ously announced, but which have not yet reached their
a

Corp.

4%% preferred A (quar.)
7%
2nd preferred (quar.)

grouped in two separate

are

indicate

we

Share

of Company

15

preferred

(s-al

(quar.)__

16

(2376)

The Commercial and Financial Chronicle... Monday, May 31,

Per

Name of Company

Share

Liberty Products Corp.

iquar.)_—

When

Holaert

Per

Payable of Rec

25c

,6-30

Name of Company

6-16

9-11

8-31

9-11

8-31

17VieC

6-14

6-

12%c

6-30

6-11

Co.,

7%

Lipe-Rollway, class A
si

convertible

pfd.

(quar.)

(quar.j.

preferred

Lone Star Cement Corp.

(quar.)

4

25c

__

6-30
6-25

6-11

Los Angeles Investment
Ludman Corp. (quar.!

Lux

Clock

Mig. Co.

Maclaren

Class

Macy

B

H.!

&

Co.

$1

6-

(B.!

6-10

$4.56

1

6-10

$4.84
$4

(quar.)

833AC

7-

1

6-10

preferred

(quar.)

$1.15

7-

1

6-10

7-

1

Publishing (quar.)
Corp.
Exploration Co._______
Phillips Screw Co. (quar.)—.
Pilot Plants, Inc. (extra)
.;.!——

1

1

Pioneer

Fund,

Natural

5-21

Pioneer

6-28

5-29

Pitts!ield

6-30

6-10

6-30

6-10

Basket,

55c

quar.)

& Co.

7-15

6-30

7-15

&

Inc.
Co.

R.

pxd.

7-

25c

(Toronto)

$1

8-

3

7-

2

25c

$1.06'A

(quar.).:—

7-

1

7-

1

held

be

5%

6-15

6-20

1st

$2.50

2nd

Porter

iH.

vote

at

June

on

5%

preferred
K.)

Co.

preferred

(quar.)

30c

6-15

6-4

Pratt-Hewitt

Corp. (stock dividend)

8'/c

7-12

6-29

7-

1

6-11

Price

25c

7-1

6-17

Public

Nat'l

(quar.)..

6jc

6-11

6-

Public

on

director's

a

on

25c

McGraw-Hill

McKinney

Medusa

Co.

Co.,

common

preferred

Merchants
Class

Merck

&

&

20c

(quar.)

—

$4.25

2nd

Meredith

6-25

66-

8

6-

6-

1

25c

(quar.)

20c

7-

1
1
1

$1.06 'A

iquar.)

1

6%%

H.)

Packing

preferred

Mickelberry's
Middlesex
Midland

&

Pacific

Minneapolis
Stock

Grain

St.

&

Co,

(quar.)

6-15

Ltd

i$l

6-

7

5-23

10c

6-10

dividend

(J.

Modine

Mfg.

Mohawk

Life

Monarch

Monroe

Co.

Monroe

iquar.)

6%

May

on

Machine,

of

25c
$1.75

———

Co.,

com.

6-10
7-

1

Gypsum

pfd.

Co.

&

L

Presto

Nazareth

7-

1

6-15

Seattle

6-30

5-31

6%

6-22

6-

7-

8

New

Haven

Board

Haven

Gas

Haven

New
N.

7-

6-10

May

Ne.;

Oriea,

Newport
4i'4%

&

No
1

t ;

B

asj

t l

1

6-18

A

5-25

Smith

Snyder

Tool

7-

1

6-15

Sonoco

Products

7-

1

6-10

(reduced)

10c

$1.05'A

Common

•

40c

___

Corp.,

4%%
Oliver

B

Filters

Iquar.)

Can

Indemnity Co.

Internmounlain

I"

iquar. 1

class

A

Israel

ranean

Pantex Mfg.
Stock
6'r

Co.

1

5%

Co.,

com.

prorated

dividend

quar.i

(A.

Standard

6-30

6-14

6-

4

Standard

8-

7-

9

State

5-25

5-20

7-

6-

1

6-11

Loan
B

Inc.

$4

6-10

6-

7-

6-15

50c

1
1

1

6-19

and

(quar.)

pfd.

—

Bros,

iquar.)

5%
;

A

10-

1

9-17

(quar.)

!.

(quar.)
;

7-

1

35c

7-

1

6-10

35C

com.

10-

1

9-10

6-25

Macr.ine

Co.

(quar.)
com.

(quar.)

Cos.

com.

preferred
preferred

iquar.)

(quar.)

5.10%~ preferred
5.12% preferred

preferred
preferred

Electric

iquar.)

7-

1

6-10

$4.56

10-

1

9-10

$4

preferred

preferred

1

6-

,

6-25

7

*

"

9,-10
5-27

8- 2

pfd.

7-16

7-

1

7-

6-

4

1

6-

4

6-15

6-

7

62'/2c

6-24

6-10

7-

6-17

$1.31*4

1

$1

6-30

20c

7-1

6-18

$1.06'A

7-1

6-18

"7-

6-18

1

6-18.

$1.12*/2

6-15

6-

$1.12V2

(quar.)

.

7-16

8-2

20c

6-15

5-29

4.80%
Wiser

preferred

Oil
&

(quar.)___

$1.20

—

Co

1

6-15

5-29*

50c

Dessauer

(quar.)

Cirp.

(quar.)____

6-30

6-

6-

1

6-15,

6-

1

6-15

6-

1

6-10

5-28

6-10

6-1

12'/2c

6-30

6-15

5

6-15

1

6-15

37'/2c

(quar.)

7-

15c

—

($100

6-15

6-15

6-

1

7-

1

6-15

$1.16'A

7-

1

6-15

6-15

6-

6-30

6-22

8

6-30

6-22

7-

6-18

37 %c

9

6-15

6-

1

37 %c

6-15

6-

1

43 3Ac

6-30

6-15

6-

1

5-28

37 %C

6-30

6-15

56'Ac

7-

6-15

25c

1

6-19

6-

50c

9

7-

1

6-10

7-

1

6-10

7-

1

6-10

7-

2

6-

4

7-

2

6-

4

7-

2

6-

50c

7-

1

6-15

7-

2

6-15

6-10

35c

7-

$1.02%

7-

4

6-

1

1

6-

4

1

6-

4

6-

1

6-

4

1

6-

4

(quar.).

$ 1.16 'A

7-

1

6-

4

(quar.).

$1.27%

7-

1

6-

4

$1.28

7-

1

6-

4

$1.31'A

7-

1

6-

Steel

(see

Alan Wood)

Woodley Petroleum

Co.,

com.

5%

preferred

Woodward

(quar.)

(quar.)_____

62V2c

&

Lothrop, common
preferred (quar.)___

5%
Woolf

(quar.)

50c

Below

dends

give

$1.46'A

7-

1

6-

1

5-21

1

6-11

6-10

5-25

7-

1

6-10

$'.25

7-

1

6-10

17V2c

7-

1

6-10

the dividends announced

in previous
The list does not include divi¬

yet paid.

announced

this

these being given in

week,

the

preceding table.
Per

Name of

Abitibi

Company

Power

Common

$1.50

Holder*

$30c

6-1

7-1

6-1

5c

6-10

5-28

31'Ac

Products,

7-1

t37'/2c

(quar.)

Metal

preferred

When

Payable of Rec,

Ltd.—

Iquar.)

&

.

Share

Co.,

Paper

preferred

Abrasive
5%

&

6-10

5-28

7-

2

6-10

7-

2

6-10

common

(quar.)

Acadia-Atlantic Sugar Refineries, Ltd.—
Common

$1.20

class

A

(quar.)

_________________—

130c

preferred

(quar.—__—_

f$i.25

7- 2

iquar.)

40c

6-12

5-18

60c

6-

1

5-25

30c

6-25

6-

25c

7-10

6-15

1

5-14

Co.

Wire

Co.

Adams
Adams

(J.

Co

D.)

Mfg. Co.

Corp.

Aeroquip

(quar.)

Aetna-Standard

Surpass

Common

5%

Akron

Akron,

6-15

6-1

6-15

5-15

1

4-30

Gas

prior

110c

6-

$27%>c

6-

1

35c

6-

5

5-18

$1.12%

6- X

5-18

10c

6-21

6-

—

(quar.)

(quar.)__—
—

—.—_

& Youngstown

preferred

$3.50

$7l/2c

_____

common

Mfg.—

Canton

4-30

5

RR.—

(s-a)

Corp.,

2

Ltd.—•

(s-a)—

Co..

preferred

Alabama

(quar.)____

6-

6-10

—5%

Stores,

(quar.)

Brass

7V2c

—.—_

—

Shoe

preferred

Reduction

4.50%

(quar.)

Engineering Co.

dividend

Stock

Agnew

—

(quar.)i__——

Express

Air

tl2'Ac

Steel

5%
Acme
Acme

(quar.)

$2.50

common

preferred

1

9-15

6-

1

5-18

6-

1

5-18

$4

—

10-

20c
87%c

(quar.)

(quar

$4

4

4

$1.16

7-

1

6-15

$1.14

7-

1

6-15

8- 2

7-15

$1

2

7-

_——62'/2c

______

not

6-11

76-

50c

per)
(quar.)________
(quar.)_________

we

weeks and

6-11

50c

(quar.)

common

:

6-15

2

$1.25

Towne

Bros.,

6-30
7-

56V4C

4V2% preferred (quar.)
Mfg. Co. (quar.)-.

Bros.,
&

4

(quar.).

7-15
10-

75c

<quar.)_.

preferred

1

.

5-25

$1.25

s

Wisconsin Michigan Pow., 4!/2%
Power & Light Co.—

preferred
preferred

7-

(quar.)

5-25

1

7

Wisconsin

7%

7-

(quar.)

1

6-

75c

5%

7-

...

6-

-

6-15

(quar.)

(quar.)

5

$1.15

(quar.)

6-

1

$l.a*3:,/4

Cement Mfg.
(quar.)
Vvi'ieboldt Stores, Inc., common
(quar.)
$4.25 preferred
(quar.)

6-

$1.16

Service, $4.64 pfd.
preferred (quar.)_preferred (quar.)

$1.25

$1.25

preferred

6-14

$1.06'A
—

6-30

7-

I

(quar.)__.:___
(quar.)_______
:

6-30

75c

——

6-15

_

I

$3

common

6-28

J20c

(quar.)__

7- 1

55c

Whitehall

5%

preferred

Co..

50c

$50c

iquar.)

6-15

(quar.)

Younker

+25c

(quar.)

(year-end)——

4.64%' preferred

5.85%

Motor

Corp.

6-15

$1.10

(quar.)__

Transmission,

4.65%

Cable

1

$1

common

6-

7-1

$1

Wheeling Steel Corp., common
$5 prior preferred (quar.t„

7-

8

t5c

Ltd.,

6-11

6-10

:

Yale

35C

(quar.)

6-18

Corp.—

(quar.)

6-

5-20

1

Products, Inc.,

preferred

lien

6-15

1

Taylor,

Texas

prior

1

6-

Tool

1

G-30

$1.50

(quar.)

7-

6-

iquar.I

Instrument

5.25%

Wheeling & Lake Erie RR.

6-23

6-15

—

7-

60c

6-30

6-15

(quar.)

6-18

$1.25

5-20

25c

(quar.) _______________
7% preferred (quar.)

7

62V2C

5-2 J

25c

—

7-30

6-11

7-

$1.10

(quar.)

(quar.)
Timber

6-10

Corp., class A

iquar.)

6-1

8-20

(quar.)___

6-10

1

U5c

—

6-14

,

2

3

35c

preferred

4%,

1

66-

7-1

(s-a)

6-

(quar.i

Terstegge

preference

Trust

6-18

183Ac

class

6-

6-11
6-19

20c

(s-a)_

Stationery

6-15

25c

iquar.)

4.60 %

37 %c

5%

&

6-30

7%c

(quar,):

common

4.25%

5-21

6-17

$1.25

(quar.)

Tennessee Gas

1

Common

4

$5

6-

6-

5-27
6-10

50c

Electric

6-11

lOc

1

6-

Co

6-30

7

6-

6-21

1

6-30

6-

4

5-25

6-15

net

1

7-10

6-17

8

6-

6-

7-10

>

6-

5

6-

Fuller,

(G.I,

6-

6-15

Estate

Tablet

Weyerhaeuser

White

6-25

7-10

$1.50

Real

Whitaker

$1.06'A

13c

of

Mediter-

6-15

25c

iquar.)

25c

div.)

(quar.)




common

Pearson & Carson (Canada), Ltd.
Tecumseh Products
(increased quar.)

4

1

6-15

Ltd.,

preferred

4.10%
each

7-

7-20

40c

from

Extra
Western

22'/2c

—___;

Bonus

4%

6-15

6-15

Finance

preferred

Tamblyn

1

1

6-10

(quar.)_____

27c

1

1

iquar.)—.—_____—_—

$4.40

Western

$1.25

Corp.,

Sylvania Electric

7-15

6-

Co.

5%
(quar.)__

A

Sunustrand

7-14

Utilities, 4.40% pfd.

50c

6-

7-14

Electric

Texas

50c

6-15

1

Penn

West

R.

$1.25

6-30

1

West

6-10

Jersey & Seashore R.

10c

7-

8-

5-20

7-

.

9

6-

(quar.)

15c

Stromberg-Carlson Co., common (quar.)—_
4Vi'/o convertible preferred (quar.)
!

8-

1

3

6-

<quar.)__

Snowdrift

&

(Alan)

6-15

7-31

6-

6-15

Oil

Co.

&

Wood

1

25c

West

Gardner

25c

7-

56c

5-20

Wells

Newspaper Machinery

Stratton

4

1

6-

1

15c

6-

6-18

7-

$3.50

gtd. (s-a)_
Wayne Knitting Mills (quar.)____
Wellington Fund, Inc.
(quarterly
investment income)

29 "c

6-10

7

25c

R.

Wood

preferred
Baer &

R.

6-15

6-11

2

River

Wesson

6-10

6-

62'/2c

5-20

6-10

5-21

6-2l

_________

1

1

6-

6-11

7'/2c

_____

________—

6-

6-30

5

6-15

6-21

15c

(quar.)

com.

quar.)

1

6-21

...

(cash

(quar.)

&

1

7-

common

(quar.)__

&

A

$1.25

preferred

%

Ware

& Co.,

,5-20

6-30

.

1

10c

1

7-

I

6-25
6-

50c

6-

$1.183A

&

Radio

(quar.)__

6-10

7

6-15

9

6-11

Station)

6-

6-10

6-14
6-

7-

25c

Corp.
rquar.)
Waialua Agricultural Co., Ltd.-

1

$1.12%

&

G.i

preferred

6%6

Co.,

Goodwill

7-

6-10

7-1

35c

6-15

1

1:

6-11

$1.50

(quar.)

50c

1

7-12

20c

Electric

Wolf

iquar.)

Factors

1

(quar.)

preferred

Spalumg

5

2

4

(The

1

54%c

payment).

ctfs.)

Glass Sand Corp.,

preferred

5

j5C

dividend

Pennsylvania
5%

Corp.,

preferred

Common

Oil

6-

Taylor

Petroleum Corp

Gas

6-

6-30

6-

iquar.)

Roya'ty

6-30

Class

Wagner

(quar.)

preferred

75c

-

;

Express

trust

Southland

6-30

3

9

3

(quar.)

7-25

$1.12%

iquar.i__

iquar.)-.

(stock

preferred

75c

WJR

7-

7-

7-12

2

50c

6-

i5C

pfd. (2nd partial prorated paymenti
Pacific Vegetable Oil
Corp. iquar.)

(voting

Gas

preferred

$4.65

6-

6-10

6-17

2

8-

30c

:

(accum.)______

Vulcan Mold & Iron Co.

6-15
6-19

8-

7-

8-

3

25c

(quar.)

6-

ioc

■

iquar.)—.

partial

Union

preferred

5

6-10

Corp.

Detinning Co., com.
preferred
(quar.)

6-15

preference common
preferred iquar.)__

43/4 %

6-

partic pfd.

7%

1

6-

50c

30c

iquar.)_

4'/2 %
5%

Vulcan

1

25c

5%

Pan

6-15

1

1

6-21

6-19

convertible

Stix,

___

Pacific Power & Light Co.—

share

7-

6-21

$25c

*

Pacific

One

6-

7-

6-15

6-

6-1Q

6-15

30c

(quar.)

t40c

preferred,

4.25%

6%

Visking

1

5-28

6-12.

Virginia Carolina Chemical Corp.—

6-10
6-10

Co.—

preferred

Southern

$1

4

6-20
6-20

7-

6-10
6-30

30c

(quar.)__
Co.

7-

20c

_

Inc.,

Pacific

Pantepec Oil Co.

6S 1
1
6-

6-15

3

of America—

________

Pacific

(2nd

6-15

6-15

6-

37'/2C

30c

(quar.)

Edison

50c

(quar.)—

Common

6-15

1

Ltd.

Caiif.

75C

;

iquar.)___

Co.

6-21

28c

iquar.)

preferred

United

Class

com.

common

conv.

6-

6-30

(quar.i—37V'2c
Co.

____

preferred

Oliver

Co.

Insurance

Corp.,

6-15

Co.,

"*4.32 %

6-18

Inc.

Equipment

$1.25

_____—

Co.,

tic. orig.

pa 1

$370

Ry.
(quar.i
Insurance (quar.)— _w

Service

arterly

7

5%

Victor

6-15

9

6-22 %

6-24

35c

(quar.)___

—

(quar.)

iquar.)____

22%c

.

w

Pacific

Town

6-

,

Veeder-Root,

1

•

6-

7-15

60c

(quar.)__

20c

iquar. 1

25c

-

.

Ogilvie Flour Milis Co., Ltd.

Q

6-11
7-

75c

(quar.i

Old

Southern

1

Southwestern

iquar.)——.

Water

Southam

4

6-

15C

Quebec Power-..-—
Spring Co. (quart)—__

Line Life

6-17
6-

1

6-16

1

6-19
6-30

50c

______

$2

Corp.

iquar.);

6-

4 V-i %/

(quar.)
'

Inc.—

(quar.)

6-15

Co.

7-

10c

(quar.i

6-10

(s-a)

7-15

75c

Co

6-10

1

10c

Co., com.

s

(Wis.)

6-25
7-

Oil

6%

1

common

Sugar

Tobacco

preferred

6-15

2

6-15

12'^c

Refining (quar.)_
Vanity Fair Mills Inc. (quar.)_

50c

(increased)—

Rico

(Del.)

Utah

9 'A %

(quar.)

Inc.

7

25c

6-25

$1

2

1

50c

Lines

6-

on

—

Co.,

preferred

6-15

15c

iquar.)-!

pfd.

Co.

Porto

6-10

40c

$3

,

8%

1

15c

6-15

3c

prior jpfd.

6-

37%c

Upson

$4.50

quar.)

6-18

7-

(quar.)

Universal Match

10c

held

(initial

;

Mfg.

8%

6-11

Public Service Co.—

preferred

O.'0

6-25
7-

meeting

Engineering

preferred

South

25c

—

preferred

O.v

Soss

4

4

30c

iquar.)

Title

7

6-

35c

e.n

Oa ria id

6-

30c

4.50%
No-t ag

1

30c

$1.25

4.56%

Northern

6-

7-

.

at

Co.

7

$1.25

the

7-1

Extra

5-24

$1.12

on

7-

31 %c

(reduced)

6-17

75c

iquar.)_,

7-20,

7-20

8-2

Co.

6-

20c

(quar.)

E"".sneering Works
&

Co.

6-15

$1.10
(quar.)

8-16

8-16

60c

7-

25c

iquar.)

7-29

J36c

(quar.)

50c

29 %c

iquar.)

common

5%

preferred- A

30c

'(quar.)——1

(quar.)

Rayon,

5%

6-15

5-24

Publishing—

Extra

6-15

50c

6-10

1

4

7-2Q

8-16

15c

29»;c
—

(quar.)

6-15

3%

Truck

25c

Rayon,

6-30

56'Ac

S.

2

6-

6-30

8-16

$1.25

35c

-

,

Corn,

6-10

(quar.)

U.

$1.25

(quar.)__—

(quar.)

Fkil

$ 1.06V4

iquar.I

1

25C

common

Skenandoa

40c

,

div.i

(quar.)--—__

Mnercan

new

5-28

5%

6-

6-11

iquar.)

Products

Annual

4

6-10

83:'/4C

preferred

6-30
6-

Lumber

Lines

6-30

Co.__.

Co.,

?:1!

(quar.i
Co.

Oil

50c

_

S.

5Vt%

75c

iquar.)

(quar.)—

Co.

6-15

15c

—

No. bhern Indiana

N

7-

Chemical Co. (quar.)
Theimador Corp. (quart) —•
American Cement, class A iquar.)

,>

(

No

6-18

U.

8

4

25c

Insurance

U. S.

1

25)

$1.50

pfd.

(stock

Niler. Beme^t-Pond

Nopco

6-15

1

Life

6-15
6-

25c

$3
preferred
iquar.)
Simplex Paper Corp.
iquar.)
Singer Mig. Co., Ltd., Amer. dep. receipts ord.

6-15

1

7-

S.

6-30

6-10

6-

$1

Storage

6-10

Class

Simmons-Boardman

7-

U.

6-11

Cold

_

5-18

6-14

30c

(quar.)

Fidelity & Guaranty Co.

25c

60c

common

payment

Shakespeare
Shell

S.

6-30

(quar.)

(Omaha)* (quar.)
Products, Inc.-.

Aircraft

Walker

5-20

$1.12'/2

Public Service, common

File

1

6-30

50c

Corp.
(quar.)
Industries, Inc., common

NiC. clson

6-

15c

;

M'hing

rruerred

7

50c

(quar.)
iquar.)—

$4:25

s

6-

7-12

2

50c

iquar.)

-

New York.r Magazine, Inc.
Niagara AiKa.i Co. (quar.)
Niagara Fire Insurance Co

Nr.

iquar.)

iquar.)

(s-ai

Co.

6-30
8-

S.

U.

5-28

(quar.),

5%,
preferred 1 quar.i
Servel, Inc.—
(Directors took no action

Sherman

Carton

Water

Auction

Newiront

40c

D

preferred

preferred

40c

(quar.i

Water,

,:y

Y.

Inc.

Co.

common

Co.

prior

6-25

$1.50

Ltd.
(quar.)
Fire Insurance Co.

New

4'/2%

7-15

(Nashville)

U.

50c

RR.

4

5-28

75c

.Quarterly../:^—

6-15
6-15

6-21

v

common

Seiberling Rubber Co.,

75c

Tel.

New

Co.,

5-28

12%c

Co.

preferred
Gas

6-29

1

6-18

1
1

1

(quar.)

convertible

6-12

iquar.i

Insur.

iquar.)

Cement

Hampshire

4.40%

6-18

1

Co.,

preferred

6-30

1

series

Electric

3.35%

$1.60

iquar.)

Industries,

Brunswick

preferred

Scranton

40c

-

iquar.)

Refining

New

4.70%

6-15

1

7-

6-10

Schlage. Lock

6-11

7-

7-14

7-

(quar.)—

6-

2

15c

Co. iquar.)
Schwitzer-Cummins Co

50c

6-

87 VuC

293/8c

B

5-20

50c

5-28

6-19

Union Stock Yards Co.

United

7-

40c

—

preferred

6-15

1

5-28

6-11
6-15

30c

United Gas Corp. (quar.)
United
Mercnauos & Manuxacturing

$1.50

iquar.)

6-29

7

5-17
10-30

!___

common

1

America—

common

Inc..

5-31

12vac

iquar.)

4% %" preferred

Foods,

50c

of

uo.,

Fine

A

6-15

6-

1
1

2

preferred

6-23

—

Accident

National. Su^piy

New

initial)

1

iquar.)

iquar.)

(quar.)_

30c

—

_______

Sugar

common

Co.

Co.

preferred C

35c

iquar.)-

iquar.)—

Co.

W

$1.25

iquar.)-.-

$5

iquar.)

preferred B

National

new

C.)

43/4%

6-15

7-

40c

Calif,

(F.

43/4%

5-31

22Vic

i

Register Co.

National

Printing

5-31

$1.12%

iquar.)

u«j

Co.

6-10

7-12

23c

iquar.)

20c

4.70%

tquar.)

com.

(quar.)

preferred

Quarterly

Co.,

Rumford

25.

Co.

70c

Works,

Corp.,

Lead

Ruberoid

&

Investment
Pacific

$1

1$ 1.06'A

iquar.)

pfd. A iquar.)
Service, class A (quar.)

Co.

LLe

pfd.

iquar.)

Public

Chemical

National

Corp.

Water

1

•

National

Paper Co., Ltd., 4'/4'%
Bros., Inc. (quar.).!

Jose

preierred iquar.)
Muskogee Co. (quar.)

National

—_

Louis

Co.

Cash

(quar.)—

Joseph Light & Power, 5%

4%

National

Corp.

Ages

Rolland
Roos

San

Manufacturing Corp. (quar.)_.
Munrsing wouu i.v/a_ctc, o r pid. iquar.)—
Murray Corp. of America, common (quar.i__

6.40%

of

Rowe

50c

$2

St.

62 foe

pay¬

2

92,/2c

Union

34 %c

(quar.)

preferred 1 quar.i
Rochester & Genessee Valley RR. < s-a)

St.

pfd. (quar.)

common

8-

$3.50

(quar.).

Union

$1.16'A

20c
com.

convertible

6-11

on

6-15
6-15

$1.25

(quar.)

40c

7-

action

1

1

37%c

(quar.)_

of Canada

7

7-

8-

preferred

preferred

6-15

6-

5%

Raisin

Rock

$3.70

Union Gas Co.

5%

5-24

Mullins

Mutual

dividend)

(stock div.)

5-31

±« uLiitare

Brass

(stock

S

meeting he.cl

Pian

Corp.

6-15

no

6-1

7-

$l.l2Va

$2.25

—

2

$1.50

6-10
7-

:

15c

7-

$$2.40

is-ai__

,

<quar.)_

6-

11-15

$3.50
—

Russell

Equipment Co., 5%

Finance

(accum.)

6-12

preferred

Mueller

preferred

6-

2

6-15

$1.75

(quar.)

Universal Leaf

6-12

Calculating

Morris

6-15

T~

6-30

preferred (quar.i
Montana-Dakota Utilities
4.50%

2

6-15

2

20c

!

preferred

$3

(quar.)

25c

7%

Morgamon

7-

Inc.

4t)c

(quar.)

took

at

$31'Ac

.

iquar.)Co. (Winnipeg)

Assur.

Auto

ment

7-

6-11

2

Ang.)—

(quar.)—

preferred

25c

5'/2%

2

7-28
6-30

(Los

88-

(quar.)

(quar.)

15c

iquar.)

Paper Co. iquar.)
Robertshaw-Fulton Controls Co.,

2

60c

(quar.t

iquar.)__

iquar.)

Mills

Directors

Ltd.

Y.)

Co.

Rubber

Monarch

6-

33%%

Co.,

S.)

1

Ltd.

Reynolds Metals Co.
Stoker Corp

5-20
6-

1

(extra)--,

Ry.

Mississippi River Fuel Corp.
Mitcnen

1

6-15
7-

(s-a)

Corp.,

Louis

6-

20c
$3.50

preferred

(N.

1

6-30

m

Trust

Riley

River

$1.62%

Products

7 %

5-23

Co.—

iquar.)

Food

Water,

&

Products

Resistoflex

5-23

6-10

Ltd.—

Co.,

Reading Co., 4% 2nd pfd. (quar.)
Remington Arms Co., common
6'/(preferred
(s-a)—

6-11

6-10

5c

(H.

Motor

7-

25c

7-

2c

Bank

Corp.,

$3.50

6-11

common

$3.50

6-14

6-15

$4

6-14

6-30

2c

Railway & Utilities Investment Corp.—
$3 preferred (accum.)——

6-11

7-

&

6-24

ti-24

45c

common.—

Extra

6-11

7-

$1

(quar.)

(quar.t

Publishing Co.

8

87Vie

preferred

preierred

Purex

Purolater

8

6-30

Extra

Meyer

4

u/O.—

(quar.)
2nd

6-

preferred
Co.

$4.50

3

75c

25c

(quar.)

;

Bros.

6-14

62 'Ac

Co.

(quar.)

Oil,

6-

6-24

62 %c

common

Power

preferred

6-14

62 >/2c

iquar.)—

(Pa.)

4.65%

6-18

1

$1.25

common

preferred

6-15
7-

Co.,

6-10

35c
25c

City Fire Insurance (s-a)^_
Union Bag & Paper Corp.
(quar.)
Union Electric Co. of Missouri, com.

12 %c

Co. of Okla., 4%
pfd. (quar.)
preferred
(quar.)
Puget Sound Pulp & Timber Co. (quar.)

5-28

10c

Electric

3.60'%

6-15

1

25c

(quar.i

convertible

Potomac

4

6-11
7-

60c

(quar.)..

<s-a)

B

Co.,

3c

(quar.)

rtenigeiaving

A

$3.50
$4

(quar.)

Portland Cement

Mengel
5%

Publishing Co.

M.g.

Co.

6-18

6-10

6-30

Twin

a

Service

McQuay, Inc., 5% preierred (quar.)..
Mechanical Handling Systems

J—...

Trust

6-30

6-30

(quar.)

Co. (quar.)
!
Gas, $5 pfd. A (quar.)
Gas, Electric Light & Power Co.—
Quarterly

special meeting

a

24

(quar.)

Common

50c

(quar.)

Trane

$6

Travelers Insurance

Fuel Co.
(bi-monthly)
Corp., com. iquar.)
preferred (quar.)

6-21

McDopnell Aircrait

6-10

6-1

50c;-:.

Pacaing

7%

Pocahontas

6-11

(quar.)

6

&

7-1

Tucson

6

—

(quar.)

7-

$1.75

Insurance

9

7-9

I1.12&

iqtiar.)

Quarterly

.

7-

$1.06%1

pfd.

Trunkline

Polaroid

6-11

6-30

Tooin

1

4

proposal to split the common stock
two-lor-one basis. \

6-20

1

6-18

4

2

7-

30c

pfd.

7-

5-28
6-

1

6-

6-30

Co.

Title

6-15

7-

6-

7-

Stores

Tishman Realty & Construction
Inc.,
5%
preferred
(quar.)

6-28

to

6-11

3uc

(quar.)—
Sons

(W. L.)

5-24

6-28

15c

McLellan

6-

5-28

50C

30c

Maxson

6-18

Carbon

Drug Stores, 4'£%
preferred iquar.)

1%%

Stockholders will

6-23

6-30

j$l

preferred

$4.25

4'/4%

6-15

7-9

2

8-2

52c

iquar.)

Thrifty

dividend

4

6-

^90c

(s-a)—

(increased quar.i..

common

6-15

Co.

2

8-

$1

Thermatomic

20c

8-

$1.14

1

$2.50

Payable of Rec.

$1311

6-16

dividend

6-11

1

(quar.)

5-20

25c

(s-a)

Share

(quar.)

6-

8

I

iquar.)

Utilities

Cash

5-23

27%c

<quar.»

preferred

6-10

.

i

•'

.

8c

.

R.

-

$1.50

iquar.)..

Adams

'

6-10

20c
_

—

Gas

North

'*

*

Light Co.—

preferred
preierred

Stock

6-30

6-15

(annual)—

Insur.

25c

r:

50c

———

...

Pittsburgh, Ft. Wayne & Chicago Ry.—*
7:% preferred iquar.)_
Pittsburgh Metallurgical Co., Inc.—

8

4uc

(quar.!

Martin-Parry
Corp
Maryland Casualty Co.
Matson Navigation Co.

6-

133Ac
(quar.!

5% %

Marshall Field & Co.,

7-1

40c

Power &

Texas

J50c
£12 %c

Theatres, Ltd. (quar.)

s

(M.»

1

7-

Texas

preferred

£20c

(increased

com.

Corp.

Manufacturers Life

Marsh

7-

$1.10

Perfex

6-15

(quar.)_

Stores

Manischewitz

Market

6-

6-30

iquar.)

Public Service,

Marcus Loew

$1.12%

—_

preferred

Mangel

6-15

10c

35c

Mqdlson Gasf& Electric Co.
Maine

—

Penlon

6-11

$2.50

——

Mading Drug Stores,
55c

1

____

(quar.>

(quar.i

(R.

7-

—-—

(quar.)

& Paper Co.
(quar.)
Bloedel Ltd., class A iquar.)__

&

6-10

________

Co.

Power

Macmilian

1

Holder*

When

Per

Name of Company

of Rec.

7-

Petroleum

$1.25

Holderi

60c

4.60%

6-11

4oC

__

iquar.)

When

Share VPayable

3.35%

Long Island

Lighting Co.—
5%. preferred series B (quar.)

;-t

}

(quar.)i.

—______

Lincoln Service Corp., common (quar.) ___—50c
SI.50 preferred ;iquar.)-*._4..v-—37%c

Lindsay

Chemical

,

Pennsylvania Power & Light, com.
4% %
preferred (quar.)
4.40% preferred (quar.)

1954

Alabama

6%

Great

Southern

RR.,

ordinary—_

4.60%

preferred

(quar.)

(quar.)
Natural

&

Baldwin,

Allegheny-Ludlum
$4.37Vz

5-24
5-24

7-

1

6-18

7-

1

\

4.20% preferred

Alabama-Tennessee
Alexander

6-23
6-23

$1.05
$1.15

preferred

Alabama Power Co.,

Steel

preferred

Ltd.

Gas

(quar.)

Corp.,

(quar.)

(quar.)—

on

page

6-10

5-20

6-

5-il

50c

6-30

6-

$!.0934

com.

(Continued

6-18

15c
50c

(quar.)_

6-15

6-4

50)

1

1

l

Number 5329... The Commercial arid Financial Chronicle

Volume 179

======

t

(2377)

■

..

■

Stock Record «» New York Stock Exchange
DAILY RANGE OF PRICES

WEEKLY VOLUME OF TRADING

YEARLY RANGE OF SALE PRICES
Range for Previous

STOCKS

Range Since Jan. 1

Year 1853

47% Jan

39* Sep 22
99

Jun

Lowest

Highest

Lowest

3
6% Jan 23

49% Apr

8

115'/2 Apr

20

11 % Jan

19

5% Jan

106
'

Jan

7

YORK

Abbott
4%

Laboratories

31

26% Jan

6

20% Jan

35% Jan

2

27% Jan

35% May 12

Adams Express

23% Dec 29

36% Feb

25

24% Jan

29

Adams-Millis

75

Jun

16

59% Jan 27

58

18% Dec

31

32% Jan

6

18% May

7% Sep
49% Sep
22% Oct

14

10% Mar

6

48

3

52

8

29% Jan

15

114% Jan

5

Jun

3

[Nov 10

3

160
2

70

Mar 11

160

3% Apr

Sep 11
AuglO

3

Sep

Sep

15

78

Oct

9

29% Sep

74

Feb

4

152

72

Jan

3% Jan

12

4

5

145

Apr

27

80

Jan

6

81

Aug 24

15

39

Jan

6

28% Jan

4

Sep

1

104

Feb

4

97

4

87% Sep
8% Oct

18

98

8

92% Mar 11

91

6

62

Sep 15

17

Dec

May

May
10% Mar

3

8% Jan

76% Jan

2

72% Jan

6

81

89% Feb

97

Equipment com

preferred

pfd
&

4%%

Gold

prior

Mar 31

May 21
30

29

22

Mar 25

16

Mar

18% Jan

20

Allied Kid

24% Oct 28

33

Jan

•

26

Jan

32

30

Allied

35% Sep

40% Jan

3

37% Jan

45% May 28
96% Mar
4

Allied

Stores

58% May 28

Allis-Chalmers

21

87
8ep 22
41% Oct 14
86

Oct

8

4

90

59% Jan

2

45% Jan

118% Jan

2

93

94

Nov

Jan

% Jan

103

May 28

Sep 14
42% Apr 23

52%

May~25

62

Dec

10

43% Jan
58% Jan

41% Apr 21
1% Dec 28

64% Jan

20

47

30% Dec 24

36% Mar 24

28

16% Jun 29

19% Mar 18

19

Jan

11

40

3% Mar 24

Jan

1% Jan

4%

114% May 27
104

May 28

4.08%

4

197

May 24

Amerada

Jan

7

73

May 26

Amer

11% Dec

31

15% Jan

8

11% Jan

4

13% Jan

19

70% Dec

29

84% Feb

4

70% Jan

4

79% Feb

8

26% Sep 15
83% Aug 20

29% July 8
99
Dec 17

98

Feb

18

14% Nov

20% Feb

2

16% Jan

4

59

6

56

Jan

4

9

6% Aug 31
35

Nov

2

34% Sep 21
81

Sep 17

26% Mar 16

23

12% Jan

29

Jan

4

47

Feb

26

37% Jan

4

46

May

27

35% Jan

8

41

103% Feb 20

87% Jan

I

19

18% Mar 19
15% Mar 20

14% Jan

11

Jan

12

11

16% Jun

16% Jan

4

3% Sep 19

15

12

6% May

4

1

4% Jan

11

Nov

27

35% Feb

23

45% Nov

9

40

104% Mar

G'r

2nd

Apr

5% Mar
45

Theatres
Ctfs

40% Apr 23
30% Sep 14

44% Jan

4

32

Jan

4

38% Feb

23

29

85% Mar 18

73% Jan

8

93

Feb

34% Jan 26

27% Jan

4

33

May 17

51

48% Jan

4

56

Feb

,39

Dec

44% Apr 24

Dec

18

Inc

in

Chain

&

Chicle

23% Feb 10

5

28

Apr

26

American

6

4

92

Feb

24

May

9

lo

43% Mar 25

55% Jan

6

Jan

8

125% Apr

21

39% Jan

5

31% Jan

7

151

38% Sep 15
8% Jun 30

8% Jan

7

36

31% Jan

17% Feb

Oct

14

5
4

15

Feb

11

American

Export

8% Jan

4

11

May 26

American

&

37% Mar 11

May 25

18

35

Dec

9

67

Aug

36% Dec

24

36% Jun

19

8% Jan

57

5% Mar 23

3

39% May 27
48% Dec 29

26

9

15

31% Sep

16

8% Dec
94

25% Mar

18

104 y2 Dec

.

American

31

100% Mar 17

85% Jan

6

18

24% Mar 16

21% Feb

24

31

84 % Jan

4

15% Sep
18% Jun

16

19% Feb

2

17% Jan

11

24 y2 May 24

Amer Machine

8

26% Feb

27

11

28 % Apr

29

Amer

34% Jun 23
13% Sep 15

105 % Feb

9

Feb

24

4%'x

18% Feb

2

17 Va Jan

27

American

22

19% Apr
7

11

Sep
May

14
4

>1% Jun

18

30% Dec

31

39% Jan

5

38% Sep

16
12% Sep 21

148
6

Jun
Jan

18% July

11

18% Jan
42

Dec

15

37

Mar 27

11

36% Jan

30

42% Jan

13

6

27% Jan

4

39% Dec

18

117% Dec

30

144% Jan

40% Aug 10
127

Feb

2

36

4

Mar 31

May 24
May 28

38'A May 21
124 % Mar 18

Jan

5

35% Sep 21

36

Mar 20

26% Jan

4

32

38

47% Nov 24

44V8 Jan

5

51%

Feb

49
Sep
120% Sep

12

Apr

2

15

58

24

134

14

152% Jun

10

119

57

American

37 % May 27

May 12
Feb

19

16% July 30
161% Jan
5

50

Jan

4

121% Jan
8
10% Feb 25

May 18

May 28
57% Apr
1

133% Mar

4

15% May 28

23

77% Aug

3

57% Feb

4
15

169% May 21

89% Dec

65% Jan

28

128% Dec

24

143% Oct

27

126% Jan

14

138% Feb

10

35% Oct

22

60% Jan

9

30% Apr

19

37% Feb

15

1133/« Jan

4

120 '/a Mar

5

9% May 19
25% Feb 17

107/s Mar

5

111% Dec
9

Jun

4
9

119

Jan

7

10% Feb

156

2

13% Sep "10

27% Jan

Sep 11
#9
Sep 11
11% Sep 14

94% Dec

68

Sep 21
Dec

45% Feb 26

43% Sep

29
15

4

5
May
22% May 25

4

93

66

17

39

15% Jan

71% May

2

*7

Jan

3

953A Fab

89% Dec

17

21% Jan

0

12% Jan

97

6

73

Jan

67

May
Jan

;29% Jan

4

28
4

27

Feb

4

4

19% May 28

88% May 27

4

51% May 28

Jan

5

37% May 17-

7',/

Jun

32

Nov 25

25

106% Mar

5

100

Jan

6

5

33% Jan

12

40% Sep 15

6

43% Jan

4

45

.

Jan

57% May

For footnotes

see case




28

Feb

8

39% Apr

15

106

52% Mar 29

196%

194

70%

71%

71

American

6'/<

2,400
1,600

101%

1013/a

101'A

*101%

102 %

*101%

102'%

30

21%

21%

21%

21%

*21

21%

21

*60%

61

*60%

61%

*61

9%

*60%

61

9%

10

9%

*45%

46

*45%

37%

38

10%

46

46

37%

Amer

$5

37%

*102 %

*102% 104

*102%

61

61

100

10

II,900

9%

10

9'%

46

*45 %

46

45'%

45%

600

37%

38%

37%

38%

5,400

104

104

*103

104

104

100

16%

16%

16%

16%

15%

16'A

15%

17%

*15%

163/4

*15%

16%

♦15%

16%

*15 5 a

16'A

I73/4

17%

17aA

17 3/4

*17%

17%

17%

17%

17%

17%

900

16

5%

5%

45%

45%

45%

25

37%

37%

36%

87%

85%

16

43%

86%

10

32%

25%

47%
*132

41%

5%

5%

5%

53/a

16,400

42%

43%

42 Va

42%

14,000

45'A

45%

453A

45%

45%

*45 3/a

45%

1,400

37%

37%

373/8

373/a

38%

37%

86 %

85%

87

85%

38%
86%

13,100

85%

32%

32%

21Vb

*92

5%
43%

32%

53%

54 V4

53%

54

53%

53%

54

54

21%

*20%

21

*20%

21%

21

21

26%

26%

53

26%

26'A
92 :'4

*92

47%

48 3/a

32%

26%

26%

,

92aA

'

48

131%
40 Va

X47%
*130

131 %

42

40%

40 7

9%

9'A

*92

48%

47

136

*130

32%

263/4

92%

*92

47%

46%
*128

134

41%

40%

413/u

9%

9%

*9Va

9%

31%

*30

14%

143/a

14%

Xl4 Va

par

10%

10%

10%

10%

*30

26%

32 3A

a

10%

32

32%

92%

*92

3/a

135

93/a

25,400

53/a

*20%

32aA

52

21%

16

42%

1

14%

Inc

32

*30

,

1,800
4,400
200

27

2,700

92 3 4

'-'C.U

47%
134

31,800
100

40%

3,200

9%

9%

600

300

32%

32 3 4

14%

14

14%

5.100

10%

11

10%

10%

71,000

'14

14%
11

40

32%

2,200

32

35'A

34%

34%

10,200

65%

65%

65%

2,500

3'A

3%

3%

preferred-

50

29%

29%

*28 %

29%

*28 3/a

29%

_l

52%

533A

54%

54%

54%

54%

3%
97
21%

*7%

8%
97
21%

8%

8 Va

*96
21%

*96
x21%

98

*96

97

213/a

*21%

21%

243/a

Co..

Co
com.

53

'

*7%
*96
21'A

24%

24%

24%

106%

*104%

106%

of 111

Co

.1

common

100

•

7

94

24%

26
89%

89%

24%
27%

27%

100

*104%

105

2

16%

17

com.

preferred.—20

Gas

Co

No par

.

B

No par

-5

par

No par
100

common__—25

Co

preferred

Foundries

100

21
*8%

12%
44%
18%
35%

42%
42%
13%
18%
*175%' 176%
7
7 '/a
27%
28%
543/4
56
35%
36%

x41%
xl7%

161
38%

*120

161
38%

124

303/8

48%

49

*55%

56

100

130%

131

Tel

—.100

Co

25

common

Works

Co

35%
117%

36%
117%

15

9%

10%

*120
30
48%

21

161%
38%

124

30%
493%

56
56
130% 130%
14%
14%
168%

169%

61%

61%

131%
34%
35%
117% 117%
9%
10

131%

,

25

26%

26%

26%

26%

20
80%

20%

21'A

22%

81%

81

81

prior preference__.No par

Smelt

Cable

70

72%

72%

74%

17

17%

xl7

17%

25

86%

87%

*87%

88%

50

com

preferred

Glass

161
*38%

63

132%

100

&

165%

*20

No par

common

preferred
&

62

131%

com

series

Woolen

169%

14%

—25
100

"preferred
Water

14%

__100

Viscose Corp com

36%
50%

38

38%

51

37%
50%

363A

37

36%

36a/4

105
37%

105
37%

47%

48%

1

No par

16%

8%

30%

...

16%

16%

12%
45%
19%
353/a

Refining com._100

&

16%

*8%

1

5

16%

24as

*104%

12'A
45
19%
35%

21

No par

Co..

Sugar

5

10

23%
24%
27%
27%
*104% 105

51%

*28

24%

8%

8%

12%
45%
19%

No par

*88

*3Va

*104% 106%
15
15%
93%
93%
24%
24%
*88
89%
23a/4
24%
27%
27%
*104% 105

12%
45%
20
35
35%
42%
42%
18%
18%
*173% 176%
7
7%
28%
28%
56
57
25%
36

*20

1

_5

Corp

Refg com

Hocking

94

25'A

23

......100

Lead

93

*88

Co

prior conv

15%

____100

Chem cl

6'/

24%

15

com—No par

Products

preferred

*92

15a/8

Metals.....No par

Ltd

Std Sany common

preferred

800

61%

65

Stores

Zinc

21%

*17 3/4

24%

Snuff

conv

21

38

38

104

9%

21

34%

&

Common
$4

101%

3%

Tel

$4

34,300

75

29%

35%

Tobacco

7%

12 3/a

12%

65%

American

American

8,400

3 Va

Motors

Preferred

72%

34%

American

6%

72

29 3/a

42%

preferred

American

8,200

189

73

X63%

noncumulative

American

500

191

194

75

5%

American Sumatra Tobacco—

6'r

22

29%

43%

Safety Razor—
Seating Co
Ship Building Co__No

American

71%

30

*21%

12%

12 %

*104%
15%

Metal

American

191

73

*28%

21%

75%

12

*741/8

1

American Steel

7%

194%

2%

2%
30

29%

__20

preferred

Anchor

•4

194%

23/a

I,400

74%

com.___10

Wire

!30

-45% Jan

193% 197
68%
70%

5%

...

Anaconda

9

21%

2%

104

12'A

.No par

Copper Mining.i

30

22

2%
'

.25

Anaconda

Jan

*28'A

*21

2%
30

42 3/4

_

38% May 27

31% Dec

30

213/4

1

Fdry common..

Amer Smelt &

i

25% Aug 27

*28 %

21%

12.50

Corp

preferred

American

164

2%

*28%

103

3%

Natural

American

:

65%

American

5

2,800

2%

*30%

SS

convertible

293/8 May 20

35,100

.20

dommon

Co

&

58%
117%

12%

Rad

65% Jan

5

5%'/

57%
*115%

__1

preferred

American

400

95

95

57%
114%

29%

__1

American Molasses Co__
e

95

57%

114%

10

.

preferred

Metal

95

57%
114

75'A

7%

44
Jan
159% Jan

56%
113

75

100"

_

preferred

3.90'/

95

95

56%

12%

Amer

15
25

95%

112%

29

19

14

Jun

II,700

75

May 10

41% Dec

45%

29 3/8

18% Apr

35% Sep
136

44%

29 %

Optical Co—No par

7% Apr

44%

29%
102

News

24

443%

30
22%

12%

Potash &

6% Jan

44%

55%

75

American

22% Feb

44%

2%
*22

12

American

23

4,200

44%

29%
*101%

Amer

24% Nov 30

31%

*28%

74

26

177

31%

1,400

1

30

Jan

31%

2%

50

3 6'A Jai*

13% Jan

31%

2,600

45 % Apr

169

31%

15,600

34% Jan

4

8% Jun

5

X31%

58%

32% Jan

15% May

30
6

7%

500

31%

40c

Locomotive

Amer Mach &

23

473i May
5
24
Feb 23

39% Jan

39% Mar 24

15% Feb
171% Feb

Feb

•1434 May 12

May

prior

American

Mar 18

8% May

7V2 Jan

7

2

6

Jun™22

7%

5%';

21

1

107

16%

preferred.——100

19% Sep
79% Jan

Jan

16%

Secur___No par

Investment

33% Dec

15

16%

9%

American

4

19% Jan

16%

1

25% Mar 31

12

19

100% Jan 20

16%

9%

43%

8%

12% Jan

86% Dec

16%

112

97
21%

23 Va Jan

12

7,000

17

*95

*7%

100% Jan

9

89%

95'%

*96
21%

4

Mar

1,500

88%

10

31%

31%
44%

No par

18% Mar 26

92

10

89 3/a

35 Va

Ice Co

25

96

9%
88%

*16%

noncumu'lative preferred__100
Corp.No par

23

27% Apr

9%
89 %

Products—

Home

Jun

Apr

*9%
88 %

58%

American International

15% Mar 18

9%
89 %

59%

common

21May 17
107

17

1

Leather

convertible

12% Dec

99

97

9%

88%

58%

No par

Electric

&

American

6%

600'

3%

57% May

5

20

19,600

34%

20

21

*94%

97

85%
34
101

65%

31

Apr

*94%

33%
*100

3%

28

6%

97

500

*8434

85%

34%
103

45,400

353/a

Jan

9y8Jan

*94%

90

4%
148%

67%

Hide

Mar 18

33%
*100

80

4%

3 Va

American

97

97

85%

34%
102

80

148%

4%
152

66 %

16

4

*94%

10

*148%

85%

x33
*100

80

4%

4%
150

*84

3374
100

80

79%

4

150

85%

33%
100

97

*78%

4%

*84

33%
100

79%
152

34%

3% Feb

9

4

1

11

14

*78%
*148%

5

Jan

Jan

2,900

59%

Co.

Hawaiian

7% Apr
92

4,300

10

Gas &

American

17% Jan

fl

15

3%
16%

59

Foreign Power__No

American

5

3%

16%

58%

common___2
5%%—50

Lines

23

5

3%
16%

58%

_

European

68% Apr

Mar

44 Va Jan

31

Nov

22% Jan

American

2

333A Jan

3

23

Jan

16% Sep

36

31

3%
16%

587a

Encaustic Tiling

13% Jan

37% Jun

2% Dec 29

American

30

3%
16%

■

26% Jan

9% May 13
32% May 28

168

3%
16%

58%

CabIe.-_.No par

Distilling

4

11

8

*163

3%
16%

10,200

preferred series B.100

conv

20

2
19

Jan

3%'/

American

4

Feb

48

2

1063A

168

♦163

*106%

76%

prior preferred.
_100
American Cyanamid Co com—__10

15

46 % Mar 16

1,300

107

7,300

'52%

No par

Colortype Co
Crystal Sugar

Jan

12% Nov
8

483A Apr
133 % Apr

10,700

75%

4%'//

41% Jun

20

26 %

52 Va

common

Co

Jan

106%

8%
52 %

26

100

__

American

Jan

x8%
*51 %

26%

76

common

American

22

8%
53

52Tb

com—_1

Radio

Co

American

91

8%

3%

79%

100

_

9

96% Mar

117% Jun

26

87%

25% May 27
4

*52

263/s

1033 4

common

interest

preferred

3

Sep

52%

26%

523A

ser

American Car & Fdry

31

DO

20% May 18

8%

52%

263/s

75%

preferred

Cable &

23% Dec

17

8%

53

200

103%

Co com

Can

2

7,800

75

com—No par

Corp
1952

American

16% Jan

I,200

20%

52%

common

preferred

7%

70

20

74

19

Sep 14

7

463/4 Mar 10

40% May 29

12

of

*69

20 %

52%

pfd

American

5

May 18

Bosch

preferred

5%

70

19%

50

convertible

2

Co

Co

conv

4%

17

70

52%

common

Brake Shoe

17% Mar 31
17

2,400

73%

preferred

Amer

5

5,700

34%

29%

73

preferred

American

22%

34%

52%

Corp

Bakeries

cum

22

*28%

35

73%

Chemical-No par

American Bank Note

7

18VaApr

Leather

Airlines

32,100

16%

17

55%
56'A
110% 112

*95

7%

..No par

Limited

conv

4%%

Mar 15

13% Sep

9

Apr

40% Jan

19

31% Feb

102

21% May 18
61
Apr 29
10% Feb
3

12% Sep
Feb

3%')

3%

7%

53%

America

Petroleum

American

8%

11,100

72%

Cement.;

Agricultural

American

29% May 19

8%

300

10%

52%

6%
convertible preferred
Amalgamated Sugar Co (The)

Jan

20%

5,200

10%

1

Amalgamated

Feb

24% Mar 29

70

19%

Shares

48

110%

28%

x34a'4

100

16

35

69%

197},

47%
*110

the Week

No par

5

57

Jan

preferred

Aluminium

166

12

100

6

8

Jun

preferred

16

5

80

20

3% Feb

75% Jan

5

par

common

59% Apr

189% Jan

85% Nov

31%
43%

100

of

70

26

90%

89
*16%

11

Apr 23

97a

No par

Alpha

2

148% Oct 14

I

gtd—100

Corp common_.No

Co

28 3A

*52

857/a

No par

conv

281/4

4%

5

Portland

35

28%

8%
53

151

33%

Co

Aluminum

*78%

100
*94%

53% May 21
76% Apr 21

4
4

22%

35

165

1

Mfg

22%

22

34%
28%

162

*84

Dye

convertib'e

22

22%

*27%

163

1

preferred

3%';

7%

163

No par

Mills

Apr

7

7

6%

6%'

165

3%
167-8
4

Inc
&

Chemical

1034

*163

150

Allegheny & West Ry 6%
Allen Industries

10%

107

1

preferred

Allied

10%

106%

conv—No par

preferred

10%

106%

100

Alleghany Ludlum Steel Corp
cum

48%
110%

106%

100

common

preferred A

$4,375

47%
110%

107

5

preferred

5%%

47%
111%

107

10

Mining
new

May 28

110 %

100

Vicksburg Ry

Friday

May 27

19%

,

Sales for

Thursday

70

35

26%

26

47%
*

100

series

common

Alleghany Corp
$4

common_.No par

1951

Juneau

8%
*52

1
50

w

w

Reduction Inc

Aldens Inc

1

10

1

SALE PRICES

34%

70%

Alaska

90% Apr

21%

20%

4.50%

8

Mar

217/8

*70
19%

9

35% Apr

6%

28%

15

104

21%

10

7

34%

$3

I5

Feb

6%

*27%

Mar 16

4% Feb
157

2.50

_■

Co__.

Corp
Affiliated Gas

May 5
3% Mar 25

27

Jan

10%

Admiral

17 % May 14

6% Mar 25

14

130

3

2% Jan

10%

1

Alabama

155% Feb

14

10%

111%
10%

No par

167

24

_1

HIGH

Wednesday
May 26

47%

*110%

43

Co

Air

Feb

47%

111%

Corp

26% May 17
107% May 17

16% May 11

101

47%
111%

Addressograph-Multigraph Corp__10

27

9% Apr
2
52% May 26

Mar

22% Mar
104

Apr

Acme Steel

10

21% Mar

7% Jan
49

8

Oct

Jan

Feb

5

Vending Corp
AFC-Brill Motors Co__

AND

Tuesday
May 25

May 21

100

ABC

25% Sep 14

Dec

Monday
Pur

preferred

7% May 28
22% Apr 13

30

LOW

STOCK

EXCHANGE

9% Jan

28

10% July

8* Sep 14
3% Sep 15

NEW

Highest

44% Mar 17

1

Jan

112

25

FOR EVERY USTED ISSUE

*175%
7%

27%
54
35%
162
*38%

*120

30%
x48

21
8%
12%
45

19%
353/«
43%
18%
176%
7%
28%
55%
36%
163'A
38%

124

24%
106

15%

94

94

24%

24%

88

88

23%
23%
27%
27%
104% 104'A

.No par

105

105

Anderson Clayton & Co
__21.80
Anderson-Prichard Oil Corp
10

38

38

46%

47%

24%

600

1,400
1,000

106

15%

12,300

94

943A

500

24%

•

24%

6,400

89%

50

23%

23V*i

5,400

27%

28

6,700

*104%

*88

105

50

17

17

2,500

*21
8%

21

21%

8%

8%

8%

300

12%
44%
18%

12 V2

12%

13 %

19,000

45%

44%

45 %

4,400

19%

18%

19a'a

6,100

35

35%

35%

35%

3,500

43%
17%

44%

43%

44

8,000

500

37,500

18'/a

17 %

17%

*175% 176%
7'/a
7

*175%

176 %

7 %

7%

3.366
2,300

27a4

28

27%

27%

*54%

55

54%

55

3638

37%

163%

1637/a

38

38

*120

124

36%
164
x37 %
*119

36%
164

37%

900

28,400
860
500

123

30%

30%

30%

30 3 4

4,660

48%

49 V«

49%

51%

8,300

57

56%

57

130%

131

168%
61%

169%
61%

131%

132%

130

3434

35%
118
10
26%
22%
80%
72

18Va
89

38'A
51%

36%
*104% 105
37%
37%
48
48%
36%

8%

17

14%

15%

168'A 168%
61%
61%

168 Va

168%

61%

62

132 %

130%

131

34%

35 Va

117%
9%

117 %

26
22
80%
70
18
88%
38%
51

34

117%

80%
71%

117 %

460

1,130

20„500
100

10

6,200

1,200

21%

22%

74,200

80%

80%

710

70a 4

1,240

19%

43,200

10
*26

22%

34 3 a

1,400

6,500
38,200
23,600

26%

10

$6

*70

18%

18 Va

88%

88 %

88%

38%

38%

38aa

59,200

51%

50%

51'%

1,060

36%

4.30O

Corp—
6.25

15%

100

6,900

21%

.57
130%
130
15
14a4

*88
37%
50%

*24%
*104%

15%

57
130%
14%
14%

26

8%

1,500

54%

48

56%

22
80'A
x7l%
17%

53%

55

29%

30%

130

'118
9%

*28

29%

36
36%
*104% 105
37%
37%
47% 48

36%
*104%

105

160

70

37%

37%

2,000

46 %

47%

4,400

17

18

The Commercial and

(2378)

f

'

5.

t

Range Since Jan. I
Highest

NEW

Lowest

Highest

Andes

12% May 27

15% Feb

28

8% Feb

23

5

Jan

7

2% Feb

11

14

52

Jan

9

32% Jan

4

383/4 Mar

Sep

14

23% Mar 27

17% Jan

4

24

30% Sep
8VB Sep

14

43% Jan

33% Jan

4

8% Apr

30

Dec

29

2% Nov

24

oO

Sep

16

8

5

15

12% Mar 26

Sep

15

93

48% Feb

9

89% Sep
102% Sep

24

77

3% Jan

29

Jan

7

Products

14

_

Armour

2

26

95% Feb

5

Jan

11

71% Apr

26

93 % Jan

6

100

143

$6

&

Co

35%

-,..10

11%

AXI>

HIGH

12

12

SALE

PRICES

Wednesday
May 26

Sales for

the Week

Thursday

12

Friday

May 27

May 28

Shares

12

12%

*2%

2%

2%

100

36

3%
36'%

36 %

36%

5,500

22;%

22%

22%

22%

23 %

6,300

45%

45%

46%

46%

75,900

9%

16,600

12

2,500

12

•

22%

Illinois

of

10%

10

*2%

*2%
36

35%

36 %

36*

36%

22%

43%

3%

22%

22«2

22%

44%

44%

44%

44%

*2%

3%

45%

5

9%

9%

9%

9%

9%

No par

88%

90 %

89

90

89

89

89%

89%

88%

39

2.000

70%

71%

70

71%

70

70%

70

70%

70

70%

5,600

97%

*97

97%

97

97%

97%

97%

98

98 %

140

141%.

139

*17

17%

*17

com

prior preferred..

conv

May 25

...5

...

Argo

10% Feb

Tuesday

May 21

..No par

Inc.

Co

Oil Corp
Armco Steel Corp...

May 10
46% May 27

57

59% Dec

Monday
Par

Mining....

Copper

W

P

STOCK

YORK

Archer-Daniels-Midland

3

85% Apr

Mar 25

A

22

LOW

EXCHANGE

,

May 31, 1954

con^d-Page 2

STOCKS

Year 1953

Lowest

Chronicle... Monday,

'

NEW YORK STOCK RECORD
Range for Previous

Financial

Armstrong Cork Co com....

9%

9%

9

9%

"

97

21

117% Dec

23

114

Jan

19% Jan

2

16

Jan

32% Jan

15

18% Mar 25

11% Jan

22

Dec

14

29

23

18% Sep

15

Mar 27

May 19

21

May 13
Jan

$4

15

Arnold

26

Jan

26

Arvln

14

Ashland

26 % Jan

4

6

27

14% Anr

4

5

10 % Mar 26

14

preferred

6% Jan

13

25% Sep
11% Sep

$3.75

3

Apr
17% Feb

14

16% May 28
5% Dec 30

Mar

18

2nd

27

Constable

3

25

66

Jan

4
6

Jan

13

31% Jan

22

4

109% May 26

23% May 13
103

14

Jan

5

92% Jan

8

23

57% Jan

13

54% Jan

4

'25% Feb

18

30% Nov

30

29% Jan

13

88% July 8
'63% Dec 29

103

97% Mar 25

59% Feb
34

5

85

I Nov

<49

2

Jan

4

114% May 18

58% Dec

19

25% Sep 14
89% July
1
28% Jun 16

60

Feb

26

16

56% Jan

2

27% Jan

4

36% May 17

22

95% Jan

4

100% Mar 30

29

4

34% May 17

33% Jan
99

Jan

30% Feb

2

6

Coast

Ex

;

Line

&

31% Apr 24
94% July 16
16% Dec 15
4% Dec

36% Mar 27
Jan

27

28

8

113

10% May 28

7

7% Mar

42% May

4

34% Jan
103% Jan

108% Mar 18

17

5

9

Feb

7

May

7

Mar 24

6% Mar 18

12

RR

W

22

22%

22%

23 %

1,100

12%

13%

12%

13 %

12%

12%

29,900

25

25%

24%

25

24%

25

25

25%

24%

25%

2,300

23 %

9,400

23%

23%

102%

102%

*102

102%

*100%

'101

39

231

Dec

17

13% Jan

9

16% Mar 13

15

17% Mar

16

6

Jan

20

May 26

4% Dec 18

F~e~b~2~6~

4% Jan

4

26

37% Jan

4

Jan

16

4 % Jan

45% Dec

21

42% Jan

14

11% Mar 26

8% Jan

29

30% Mar ig

18% Jan

8%

36% Dec

29

4% Dec

22

35% Jan

14

Sep

18% Dec

52% Feb

Mar 26

16

17% Jan

% May 21

%

21,
May 21

5% Jan

25

23 %

23%
102%.

102%

*100%.

102

38%

39

39

107%

23%

23 %

23%

102 %
102

38%

3.600

100%

23

101

100

100

101 %

100 3 4

100%

10

39%

*100%

38%

33%

4,600

39

240

108%

107%

109

108

109%

58 %

53

58

58

58%

58

58%

53%

58'/a

3,900

32%

32%

32%

32%

32%

32%

32%

32%

32%

3278

4,700

"99

100%

99 %

99%

112%

113%

112%

108

103%

10,300

109

100%

*99

100%

*99

100%

10

113

113

*99

114

113%

114

114

114%

2,500

Lines—

series

57%

57%

57%

57%

35%

36

34%

35%

35

35%

35%

35-',

35%

3 5"*

3

13,900

100

Corp

57%

.10

B

97%

97%

97

97%

96%

97

96%

97%

96%

97

33%

33%

32%

33'%

32%

32%

32%

32%

32

32 %

6,800

41'4

3.209

*57%

■

57%-

t22%

>400

22 %

..

280

Powder—

Common
4'/

20

40%

series A —.100

"110%

_.No par

11%

No par

*5'!»

($1.20)-..No par

"15%

5

16%

it)

(voting*

convertible pfd

Tack

Atlas

Austin

Corp

Nichols

_

common

41%
111

40%
"110

Conv

prior

pref

Automatic Canteen

Rights
Avco

of

Co

Arner

Mfg Corp (The* common____3

44% Mar 26

$2.25 conf

preferred

No par

40%
*

41

41

109 %

111

111

110%

*10%

'12%

*10%

12%

10%

10%

300

*5%

5%

5%

5%

*5%

5%

5%

574

200

16%

*15%

16%

*15%

16%

*15%

16'%

*15%

16 %

16%

16%

16%

16%

16%

16%

16%

16%

%

%

%

.7«

7t.

%

5%

4%

5%

43%

*42%

43%

6

4%
42

41

41

110%

12%

%

.

41

111

*10%

11%

'

15

22

__5

$3.75

Atlas

.

5%

21

13%

"57%

-No par

SS

I

liquidating distribution
Refining common.!

Preferred

Atlas

Jan

5%

22

12%

58

Atlantic
i

5%

22

107%

.10
100

_

Gulf

121

17%

13%

50

Atlantic

5%

5%

180

141

*17

Fe—

City Electric Co
preferred

4%

.

5

*139

17%

22'.'«

33%

-

Atlantic

101% M?r 29

5%

*17

17%

13

.10

Common

Atlantic

119% Jan

100
100

Co...

Topeka & Santa

*5%

139

139

139

,

_

Investment

Preferred

May 13

Jan

preferred

preferred

Associates

5

92

5%

*21%.

1

2nd

6'/

6

Atchison

Sep

50% Jun

5%

2.50

Co.

Dry Goods Corp-—

1st

17%

..No par

1..

&• Refining

...1
preferred $1.50 serles^.No par

5.25'/

28

Apr
102% Apr

*17

Common

39% May 27

96

99% Apr 22
32
Mar 25

2

25% Sep

18% Jan
93% Jan

22% Mar 11
100

1
141

141

..5

Carpet Co Inc
Oil

par

Corp..

Industries Inc

Associated

89% Sep
82% July

preferred. ...No

convertible

Artloom

*97

__

...

%

5

*42%

16

%

5%

43%

42%

3,400
48,600

51/3

84,600

43

43

l'lV

5

5 %

5

60

111

43 %

1,100

B

8

7

39

Dec 29

48% Mar 25

Dec

29

22% Mar 17

9

76% Mar 17

68

Sep 14
11% Dec 29

59% Apr
7
17% Mar 12

43%4 Jan

37% Sep
18% Sep

39% Feb

38

15

93

Jun

5

90% July 28
14 % Dec 28
78

Dec

Sep

42% Dec

9

22% Mar

14

1

'47% May

conv

4%',/

3

'88

6

Jan

18

29% Jan

4

10-% Apr

14
4

36% May 26

Bell

21% Jan

29

Bell

11% Jan

173/4 Jan

4

90 % Jan

13

97

60

11

78

% Dec

30

39% Dec

7

Dec

383/s Jan

30

1% Jan

Jan

7

112

4

Jan

4

Apr

8

May 26

44% Apr
127

15

May

30
3

fic

7,900

9%

57,700

22%

22%

23%

44,600

22%

22%

44%

44%

44%

44%

45

44%

46

6,700

23%

23 %

23%

23%

23%

23%

24

24%

3,600

75

74%

74%

*74%

75

74%

74%

50

*74%

23%

22%

45

54

54%

53 %

54%

53 %

53%

4,900

12%

12%

12%

*12%

12%

12%

12%

800

"34%

*34%

35 %

34 '/a

34 %

*34%

35%

120

24

23%

24%

23%

24%

3,900

10%

10%

10%

10%

10%

1.400

46

2,800

Si

*34%

35 %

23 %

22%

23 %

23%

10%

10%

*10%

10%

xl0%

46

100

*120

46%

"80%

1

123

120%

120%

*105%

106 %

105%

105%

40

16

16%

14%

c.i/,

18

18%

17,500

*81

82%

81%

81%

14%

33%

*33%

32%

32%

32%

*10%

11%

32%

x32%

10%

10%

11

1

34%

34%

20%

20%

20%

100

Corp

*95%.
76%

76%

76

43

43%

43%

pfd $3.25

common.._10

ser of

1946.No par

"123

81%

£7

„

125

*95%

97

14%

33'%

*32%

32%

30

32

27% Jan

5

Oct

5

37% Jan

20

44% Sep
135% Jun

15

57% Jan

% May 18

6

30

24
Jan
30% Jan

27
4

'

19

9% Dec
63

146% Dec

31

16

50

16

Jan

4

144% Jan

5

Jan

15

82% Jan

13

65% Apr

30

38% Aug 26

36% Feb

9

17% Jan

12

14% Jun

11

9% May

6

Oct

8

31% Apr

30

15% Sep
12% Sep

14
15

22% Mar 17
21% Jan
5

19% Sep
22% Sep

15

27

Dec

15

22 % Feb

3

15

28% Dec

17

27% Jan

5

1% Jan
28% Apr

7

6

Best

&

34% May 17
May 26

Best

160

May 13

12% Feb

12

72

27

Jan

15

21% Jan

23% Mar

32 %

32%

32%

1,800

10%

10%

11

1,000

36%

35'%

36'/a

35%

357a

20%

"20%

20%

20 %

20'4

97

*95%

97

95'/a

95%

100

76%

78

77 %

78

77

77%

11,700

43%

43%

43%

43%

43%

44

*125

130

*124

1

21% May 21
25% J r,n 11

Bliss

Bloclcson
Bohn

May

5

20

Jan

4

2434 Apr

23

2

29% Mar 18

Jan

26

14

12% Mar 12

6 3/4 Jan

4

15

14% Aug 13

13% Jan

4

11

13

12

52% Jan

14

61% Dec

64% Sep
86% Jun

15

86

Jan

15

48% Nov

5% Dec

18

Mar

8% May 20
57% Mar 17

3

16

Mar 25

74% Jan

94% Jan

12

93 % Jan

12

50

11

49% Jan

7

Dec

130

31

13% Mar 19

26% Dec

31

46% Mar

9

21

33

2

5% Dec

31

Mar

11% Jan

5% May

3

20% May 11
25% Jan 11

7

6% Jan

6

11

19% Sep

15

25% Mar 10

23% Jan

28

22

42% Feb

36% Jan

Sep
33% Sep
17% Sep

91

31% May 20
12% May 20
14% Feb 11
12 % Jan

11

2

4

21

39% Aug 17

38

Jan

11

21

26% Jan

19% Jan

4

May 28

20

99% Feb

9

97

Jan

22% Jun

15

27% Jan

29

26

9

54% Dec

21

52

27

Jan

45% Jun

29

Feb

26%

26%

26%

26%

27%

,33%

34'%

34 %

34%

1,34%

34%

4,200

67%

67'%

71

69%

70%

168%

69%

72,000

157

159%

158

158

*155

158

*156

con1! 5

11

11%

10%

11%

100

70

71

71

71

*69%

45%

46%

45%

46

45%

10

20%

20%

20 %

20 %

20%

20%

21 %

20%

20%

20%

20%

23%

23

23

23%

23 %

35%

35%

35%

35%

36

35%

40%

41%

40%

41%

T2.50

*23

.7.50

35%

5

40%

41 %

5

22%

23%

22%

23

11

11

153

*156

1,100

158

100

11%

10%

*69%

70%

*69%

46

45%

45%

45%

45%

2,400

20%

20%

20%

20%

20%

6,700

20%

21 %

21

21%

16,700

*23%

23 %

23

23%

36 %

35%

36%

6,100

40%

41%

40%

41%

59,300
2,300

11

70%

■

11%

4,700

71

70

1,200

22 %

22%

22%

22%

22%

29%

30%

28%

29%

28%

29%

29%

29%

29%

30

11%

1,100

11%

11%

11%

10%

10%

10%

10%

11%

12

1

A

x22 %

____No par

No par

Ami Co class

13%

14 %

3,040

13%

13%

13%

14%

14

14 %

13%

14%

5,500

B

Stores

Inc..

!

Co

Club

Inc.__1.25

(The):

8%

9

8%

9%

9

9%

9%

9 %

9

9%

...15

61 %

5,200

62

61%

61%

61%

62

62

62%

62 %

62%

84%

2,300

5

.'

85%

85

87 %

86%

87%

86 %

88

86 %

87%

98 %

*97

98%

*97'

98 %

98

97%

97%

100

50 %

50

50%

50%

50%

50%

7,300

7%

3.100

common

..100

Edison Co......

...25

8% May 21
31% May 24
39

51%

May 18
Maiy 27

24% Apr
100

14

6

32% Apr

Jan

5

*97
50 %

50%

49%

*97

50%

6,900

4

Jan

13

30

&

Brown

Shoe

11% Jan

4

273a May 18
1234 Apr
5

74

6

77% May 27

13%' Jan

15

22

12

Jan

Jan

16% Apr

12

s'/

Bi

cum

17% Jan

2
22

31%

Nov~16

43% Mar

2

Co

Budd (The)

17

91% Jan
78

Jan

14

17% Feb

>3

15% Jan

4.

9

11% Feb

8

Mar 12

1

30

Dec

16

146

9

40

30

79

Aug 28
5% Sep 15

2

103/s jan

11

7

Dec

80% Feb

3

3

Juiy 15

111

Mar 29

36% Feb

5

113/8 Jan

4

Mar 16

86

79% Jan

14

12% Feb 26

16% Dec

29

27% Mar 20

102% Oct

30

16% Sep

15

109% Mar 10
24 % Mar 12

7% Jan
16% Feb

4

100

3

1

Feb

163/4 Jan

5

7

27% Jam

2

1 % Dec

23

3% Mar

2

9% Mar

2

73/8 Jan

8

27% Jan 29
13% Mar 3

20% Jan

4

6% Sep

15
24

10

Sep

15

86% Oct

7

13% May 21
86% Apr
6
21

May 19
15% May 20

135

Feb

25

46% May

3
16% May 28

86

May 10
10% Apr 12
20% Apr 15
105

Jan

8

21% May 18

46% Jan

22

22

Jan

1% Jan

4

27% May 27
2% Mar 31
9% May 21
23

May 10

8

l'43/4 May 12

30

90% Jan

6

54% Nov 27

52 % Jan

11

99% May 13
55% May 26

22% Jan

5

Jan

17% Apr

24

22

Dec

24

21

Dec

29

34

Jan

5

43% Dec

21% Jan

16

5

44% Jan

54

footnotes




4

12% Jan

102

see

Jan

page

28.

7%

Watch

Burlington

tEx

2nd

24

23%

24

23%
-99

100

*99

100

*99

100

31 %

*61%

62

12%

13

12%

13

12%

13

12%

13

*67%

67%

67%

67%

*67%

68

68

68

31 %

30%
*61

7%

5,600

30%

30%

14,100

33%

33%

*51

*99

31%

3,600

23%

23 %

5.200

100

30%

62 %

5,100

51%

*60%

30%

2,400
100

62

12%

12%

♦68

1,600
500

69

No par

14%

15

14%

14%

14 %

14%

14%

5

26%

14%

14%

14%

27%

26%

27%

27

27%

27

27 '/«

27

5
.

13%

13%

27%

8,300

13%

13%

13%

13%

No par

*76%

13%

13%

13%

13%

16,200

77%

*76%

77%

*76%

77%

77

77%

*76%

2,800

300

78

27%

27 %>

28

28

27%

27%

27%

27%

27

•48%

27%

49%

1,300

45

48%

44%

46%

42%

44 %

42%

43%

77,700

39

39%

*39

39 %

39 %

39%

13

39%

39%

39%

39%

13%

12%

13%

12%

12%

13

*843i

12%

13

____100

85%

84%

84%

*84%

85

85

100

*84%

84%

84%

*72%

78

*72%

78

*72%

20%

*72%

73

5

__._i

__

...

~

_

~

Co..

1

7'/"pfd

100

46

15

15%

85

85

8%
par

18

102%

9%
18

102%

20%
*15

20%

15%

1-116:/.

116 A

*45

46

14%

15%

85

86

9%
*18

9%

18%

20%
15

*116%
*45
15
*85
9

18%

20%
15

117%
46

15%
87
9 %
18 "a

20%

20%

900

14,500
20

78

20%

29,100

20%

*14%

15%

15

117%

116 %

600

15%

*116%

117%

120
'

*45
15

*85

9%
*18

46

15%
87

9%

13%

*45

46

——

16%

15%
*85

23,800
350

86

9%

9%

18

8,700
600

18

102%

102%

102

103

190

20%

21

20%

20%

20%

21

20%

21%

21

21

2,600

5

26%

26%

26%

27

26%

27%

27%

27%

27 %

102

102

*102

103

:

-

•

Zinc-Lead
Calumet & Hecla Inc..
..

_j

1

.

IIIIIIII5

Foundry

_^_15

Canada Dry Ginger.Ale
com__l.65%
$4.25 conv preferred
:__No par-

4
4

48% Apr

Cannon Mills

Ry._.

...

15

117%

*72%

13%

jo

Packing Corp...

C

*45

__i5

Co

Callahan

15

*116%

78

20%

~"Ioo

26% May 21
25% Jan 29

liq div of $35.

23%

24%

62%

Canada Southern
Ry Co
Canadian Breweries Ltd
Canadian
Pacific

8

51%

24

24

31%

participating preferred_>__100

&

38%

50%

31%

common

W

31 %

38

50%

*61%

preferred

Campbell

30%

38%

50

62 %

preferrid.IIZI.so

California

31%

38%

50%

x49%

7%

"~i0
inc.
5
Corp common""""1

Mills

Jackson

30%

38%

50%

7%

31%

Copper & Zinc
Byers Co (A M* common....No
Byron

30%

38

38%

8

31 %

Butte

7'/

30 %

31%

49%

7%

_i

Bush Terminal
Bldg
51/
conv prior

4%'r'

7%

ZII~~£~Il5

preferred

Bros

7%

8%

38%

100

7%

7%

30 "4

*98%

7%

62 V4

Burroughs Cor.p

Butler

8%

7%

40

__

Co

Terminal

8

7%

No pal¬

com

4V preferred

Bush

28

'1

C
20% Oct

20% Sep

1,700

8

$5

3%'/

16

15% Feb

700

28

_

Bulova

10

Jan

23

27%

Co

40% Mar

10

11% Sep

23

28

Co common__L

49% May 24

29

35

23

28

unswick-Balke-Collender

Bucyrus-Erie

11

37% Mar 24

Jun

116

23

28%

Inc

25% Jan

Jun

Mar

23 %

28

Bigelow.

30

10% Dec

15

23%

28 %

preferred

24

67

6

24 %

28

preferred
Buffalo Forge. Co
Bullard Co

74

Jan

24

28

100

Gas

conv

25% Feb
35% Jun

7%
24%

preferred/.

Brooklyn Union

68

83% Feb

6

3%'r

Brown

May 27

7%
*24%

Roller

May 17
13% Jan 15

28% May 20
16% Mar 25

60

iqq

-ZIIIIIIZlOO

preferred

Bearing Co
5
Braniff Airways Inc..
2 50
Bridgeport Brass Co.
—__..5
Briggs Manufacturing Corp__No par
Biiggs <fc Stratton...
__No par
Bristol-Myers Co common
2.50

63

12% Jan

3

15

5'//

Bowex-

Mar 11

14

22% Mar 17

Common

5
16

72% Dec

For

26%

34%

66%

new

Book-of-the-Month

8% May 13
29% Jan

20% Sep
10% Sep

Oct

26%

33%

1

Borg-Warner Corp
3 % r/r preferred

13% July 20
66% Jan
5

11

26%

33%

Inc.
Chemical Co

Borden

11% Sep 25
59% July 14
13% Nov
4

13% Sep

18,500

27%

Aluminum & Brass Corp

Boston

40

■

67%

No par

Mfg Co

88

973/4 May 28
523/4 Apr
2

■

66%

(Delaware)

623/4 May 28

May 27

%

33%

Laughlin

Class
Bond.

126%

12

*26%

Co

Boeing Airplane Co
Bon

P

1261/2

%

Boston & Maine RR—

25

Sep

4

8

Co

(E W1
&

%

2,400

No par

com

—___.100

Decker

Blaw-Knox
Bliss

%

1,600

1

(Del)

Bigelow-Sanford Carpet (Deli
4%'/
pfd series of 1951
&

U

12,400

l.i
Steel

preferred

Black

3

6% Dec

7'r

46% May 21
21 % Apr
8

36% May 28
41% May 27

12% Sep

Co

Bethlehem

%

peso

Foods

71

38

16% Sep

Benguet Consol Mining Co___l

4,100

*10%

w

22% Nov 25

100

15

34%

43%
129

15%

20%
*95%

76 %

*124

15

31%

*32%

33%

18%

14%

14%

33%

35%

,

10

18

82%

14%

5

Loan

*81

15

33%

10%
20%

*45%

*120

106%

33

10

common

46'%

46

123

*105%

1

Corp

46%

*120

106%

82

14%

__10

Co—..

45%

123

*105%

16%

*33
32

46%

*120

106

16%

50

45%

123

105%

pfd__.__100

4%',

35 %

23

12.50

Aviation

Cum

74

2.50

Packing

Beneficial

45%
24%

22 %

52%

9%

54%

preferred

Bendix

44%
24
74

,____100

Howell Co

%%

23%

3.100

5

51%

53

12%

Belding-Hemingway

4

22%

5

4%
9%

y

53%

preferred

Inc

Aircraft

x4%

52%

9%

55%

10

common

prior

(A

4%
52 %

9

12%

Aircraft Corp
Creek RR.

Beech-Nut

23 3/s Jan

68% Mar 20
112

22

2

22% Mar 13

17

Jan

32% Mar 29

93

17

Shoe

Beech

May 21

Jun

Beck

Beech

Sep

93

Mar 12

15% iJay 18
35

4

Jan

*4%
50%

9%

12%

No par

preferred
Mills

4%
50%

9

54%

Corp

Beatrice Foods Co

Beaunit

4%
50%

P%

__50

Works

3%'.;

18% May 27

4%

50%

9

10

Cigars Inc

106

9% Jan

12

100

preferred

Iron

123 % May 14

50

33% Jun

6

100

common

4%
50

10

6

May 24

13

common

13% May

Mar 16

Jan

4%'>

12

Corp

Corp

4

90

14

Brothers

Jan

30% May 26

Oct

4

40% Jan

Feb

16

Oil

Bayuk

27

14

(The t.No par

preferred

99% Jan

29

26% Feb

Mar 31

Barber

Bath

107

9

Co

Ohio

&

Barker

11 5/« Jan

33

29

May 14
13% Jan 18

39

81

15

7

24% May 27

33% Jan

17% Sep

57

4

5

86% May
8
16% Mar 20

10% Dec

1

Convertible 5',

4

May 19
5

'

14

Apr

4

31

*

Inc

4'/,
noneumulative preferred—lOO
Bangor & Aroostook common____50

May 28

24% May 21
75

Baltimore

9 % Jan

4

Dec

Wilcox

34 % May

7

100

>

&

20% Jan

18
27

112% Dec

21

9

11% Feb

(T

Bald win-Lima-Hamilton

10

11% May

25% Mar 19

18
9% Sep 14
34% May 2o

Feb

May 27

Babbitt
Babcock

46

16% Jan

Jun

1

9% May 28
23 % May 24

39% Jan

16
67

5% Feb
53

__100
No par

25
no par

1%
9%
♦22

1%

9%

1%
9%

7%

1%

1%

1%

1%

1%

9%

9%

9%

9%

9%

9%

9%

22%

22%

22%

22 %

*22%

22%

1 400

14

14%

13%

14%

13%

13%

16.500

97%

22 %

22

22

14%

13%

14%

*97%

99

97

97%

*54

14%

27%"

*97%

98

-97%

98

97%

56

*54%

'

2

55%

*54%

55%.

55%

551/2

*54%

26%

26%

x26 %

26%

26%

26%

*26

24%

24%

24%

24%

24 %

24%

24%

24%

48 %

*47%

48%

*47%'

48%

*47%

43 %

*47%

48 %

*48

1

8,800

26%

15,200

6,700

130

56

100

26%

26%

700

24%

24'%

27,800

.

Volume 179

Number 5329

...

The Commercial and Financial Chronicle

(2379)

NEW YORK STOCK RECORD
Year

1953'

Lowest

8V2 Dec

29

14
14

30

39% Sep

28

May 27

19% May 25
Dec

Carborundum

14

2

12% Sep
14% Sep

24

14% Mar 27

16

25

Jan

5

111% Dec

24

143

Jan

9

21

96% Jun

23

2072

20%

20%

20i/2

Carolina

Power

23% May 26

4474 May 28

Carpenter

4

62 74 Apr

Carrier Corp

7

16 7a May 20

Carriers

3

1774 Apr

12

Case

4

12972 Feb

26

13% May
113

Jan

2

44% Feb

17

102% Feb

12

56

38% Jan

6

16% Apr

13

May 24

133% Jan

2

107% Jan

4

24

66% May

I)

12.50

26

Celanese Corp

Apr

12

T7c

747a Apr

12

472%
Celotex

Corp

2

19% Mar 25

16

Jan

4

2174 May 24

30

16% Mar 18

15% Jan

11

177a May 24

5r,'v

19% Feb

19

Jan

6

217a Mar 12

Central

15

20% July 27
7% Feb 26

20

4% Sep

4% Jan

4

674 May 14

preferred

26% Dec

31

40% Jan
73% Jan

23% Mar 25

22

15

30

327a Jan

12

54% Mar 24

7274 Feb

25

Mar 27

12% Jan

4

42% Mar 25

38 'A Jan

8

1474 Apr
1
42% Apr 21

97

Jun

6

105% Jan

19

2

19% Jan

8

13

110

12

17% Jun .24

14% Sep
14% Sep

-

Jan

20% Mar
28% Feb

14

112

14

28% Feb

25

15% Jan

4

23% Dec

10

23% Jan

6

2672 May

30

17% Mar 16

10% Feb

26

6% Dec

16

9% Mar 12

19% Oct

13

11% Sep
30

Sep

38% J an

14
15

Feb

3

26% Jun

16

34 % Dec

3

22

103% Jan

30

4% Sep

15

"7% Ma~r~27

25% Dec

31

31% Feb

Certain-Teed
Chain

6

Mar 17

2

5

15

41% Feb

2

33 % Jan

4

Jun

3

85% Oct

27

84% Jan

13

12

Sep

15

23 % Mar 13

14

21

Aug 31

26% Mar 17

23% Feb

21% Mar 24

18% Jan

277a May 14

17% Jun
17

Oct

27% Oct
12

16

5

Belt

26% Jan

5

18% Jan

21

27% Jan

Jan

6

12% Mar

157a Feb

10

Jan

6

5% Jan

5% Dec

31

Dec

29

22% Jan

15

"51% Jan

30% Dec

30

41% Oct

10% Mar 25

2

30

46% Jan

2

3

34 72 Feb

45% Jan

4

627a May 18

63

Jan

5

82

59

Oct

76% May 27

62% Jan

11

72

May 21

95

Jan

12

92

9% Jan

25

7

8

Jan

4

10174 Apr

; May 10

10% Sep

22

14% Feb

11

11% Jan

1% Dec

18

3% Feb

10

1% Jan

4

6% Oct

13

13 % Feb

13

22

Dec

29

58% Dec

29

Products

17% Jun

5

21

Feb

2

56%

26 74

2672

62 va

6272

63

14

13%

137/8

41 74

7,900

4174

417a

41 74

41%

41%

41%

41%

41%

42 7a

2,500

1087a

10872

30% Dec

70% Oct

6

9% Sep

15

26% Dec

15

14% Dec

28

72% Dec

28
5

44% Jan

152
80

Oct

Feb

Jun

27% Jan

4

Aug

3

15

Jan

4

16% May 10

9

74

Jan

27

33% Jan

4

172

Nov 30

170 :
89

90
July 14
54% Nov 24

109% Jan

41 I

Sep 21

18 ■/;

Sep 16

May 12
Mar

53% Jan
107

19

Jan

42

5

18

18 74

*17%

17%

17%

17%

300

25%

25%

25%

26

25%

25%

2572

25%

6,600

12

11%

11 %

*1172

12

*11%

12

12

12

11
19

43% Mar 20

Jan

7

29% Oct

89% Jun 12

37.
24'.

Feb

5

Feb

128% Sep

136'

3

78

Jan

2

Oct

9

2974 Jan
9772 Jan
274 Jan

35% Feb

874

Jan

12

Jan

6
4

892

7

976

38% Dec 23

Dec

47% Jan

17

Apr

13

94

Apr'
Feb

2
10

12574 Mar 17
976

Apr

Jun

13

Dec

14% Sep

'90

13

5

3;

27

14

20% Mar 17
"'

+

7

447b Apr 26

8674 Jan

2

Nov

24% Feb

8

4

93

12% Jan

20

14% Jan

6

15% Mar 24

187. Jan

26

43 74 May 24

Mar

5

43

Dec

23

66 %

Mar"24

41

Mar 22

477b Feb

16

49

Dec

22-

67-

Mar 24

50

Jan

29

56

15'

47

Sep

1

65% Mar-24

45

Apr

30

52% Feb

38% Jan

8

50% Dec

2

4l7» Feb

3

50% Dec

9

41% Feb

2

38% Jan

9

59

Feb

16'/a

17 Va

16 Va

17 7a

16%

17

16%

17

3972

39%

3972

39%

39 74

3972

39%

16

May 18

40

40
*

•

5%

574

574

St

&

33%

*32%

33%

3272

32 74

32 74

32 74

3274

400

367a

36 74

35%

36 7b

x34%

35 Vb

34 74

34%

34 74

34%

17,400

91

91

91

91

*9074

9174

*9074

917t

*90 74

9174

*17%

28%

29 74

29

29

28%

29

59%

6072

59%

6072

78 72

70 7h

717a

707a

717a

717a

717a

Va

99 72

*9978

997/a

*98 7a

997b

RR__No par

99

No par

*8

137a

1372

137/b

1474

27a

2%

27/a

974

9%

35

32 7a

33V2

317a

32%

*31

627a

61%

627/B

627a

62%

62

No par

217a

71%

*1072

—__—100

*99 %

No par

new

guaranteed

47

Corporation..__

34%

357a

10472

1057B

*10 74

107a

78%

4072
k170

*417a

42

4172

41%

*41 7a

42

1

207a

21

X20%

207/a

207a

20 72

477»

4874

47%

48 74

48

48%;

27

27%

277b

27%

27 7.

27%

947/b

947b

95

95

957a

210

2%

274

274

*2%

95,
2%

*94 7a

2%

*27a

2%

4,800

Cliiett Peabody & Co com

No par

3474

3574

347a

347a

347a

347a

347a

347a

34%

347a

1,700

-——-100

*135%

13672

*135%

136 72

*135%

'

i—

77, preferred
47

cumulative

'/Coca-Cola

2nd

Coca-Cola

Colorado
5 72 7

Fuel

89

89

89

No par

1372

13%

13%

13%

1372

137a

Iron—;—No par

16 74

16%

16%

16%

16%

43

43 74

series

B__:

50

*45

Southern Ry corn—.100

noncumulative

47

noncumulative

1st'pfd——100

2nd pfd___100
Broadcasting Sys cl A.2.50

.

50

51

*50

14%

14%

30,200

23%

23%

7,300

10
—„_No par

Edison Co

25
preferred—.25

Cone

Congoleum-Nairn Inc.

Nast
Mills

Publishing Co
Corp

No
i

77a Jan

4

11

6

Consolidated Coppermines

11

407e Jan

4

44% Feb

5

487a

4772

48

4874

497a

48

28 74

28%

28%

287a

2874

28%

28 7a

5174

51

52 7a

51%

40

387a

39%

38%

397a

17,100

16

16 7s

167a

16%

16%

167b

22,800

27,500

103% Jun

2

109 % Jan

5

107% Apr

26

10934 Mar

4

12% Dec

16

16% Apr

24

1274 Jan

4

23% Jun

10

267a Jan

8

5

15

110% Jan

7

107

Jan

7

112

1

Preferred

Jun

10

102

Mar 26

98

Jan

7 /

10572 Mar 25

11

Jan

5

48% Jun

16

Gas

Preferred

Power

Co

47

Bait

series

Natural

Cuba

6

53/a Jan

4 '

67a Jan

20

Consolidated

Dec

29

10% Jan

6

7

6

872 Feb

15

40% Nov

2

387a Jan

8

4472 Apr

19

99

19

109% Jan

8

10574 Jan

5

11072 Apr

5

$4.50

108% Feb

5

10674 Jan

4

109% Feb

1

$4.52

16

9072 Jan

54% Jan
96

133

Nov

6

For footnotes see
page 28.




128

Jan
Jan

4
4
21

21

98

Feb

69 %

May 17

100
157

4

Retail

$5.50

May 19

$4.25

40 74

40

407a

40

40 74

40 7e

403/B

39%

40

39%

40

397a

40

40

40

8/200

40

39%

40

39%

40

39'/a

40

40

407a

6%

7

7

X6%

7

6%

5,200
2,800

*6%

7a

7

7

217a

21%

3,900

19

18%

183/4

5,700

22%

22%

22 72

22%

22 7a

22%

227a

Corp.._5

10%

10%

10%

22%
1072

10%

107a

107a

10%

10 7a

1072

10,600

No par

43%

437b

43%

44

43%

44%

437/B

44%

437a

447a

12,200

109

13%

109%

13%

109

,

*

109

109

13%

13%

30%

30%

110 74

11072

*110%

101

101

—5

13

No par

100

Corp

15

pfd

.100

Inc—1

30%

627b
*20

6%

101

'

137a

1374

62%

62

6272

217a

*1972

217a

6%

6%

6%

30 Vb
110.

99%

*13%

1374

61%

G17i

GO

217a

*20

*20

674

13%

109

109 7a

137a

7%

7%

7%

7%

43%

43%

43%

14

No par

109%

109%

109

————No par

*10772

108%

*107%

59

*47%

issued"—.

—No par

*101%

21%
94

109

7>

108%

109% 10974
.

*10772

59%

59%

60

60

607a

487*

*-4774

48

*48

4874

102

101%

21%

21%

94t;'4

94

101 %

,21%

<66%

65%

66%

65 %

9872

987a

*967a

1007*

*U8%

156

*150

153

♦148

6%

1,200
4,500

23,400

11072

300

101

220

13 7a

137a

900

6074

61%

3,700

*19
6

21%

7a

674

1,800

77a

7%

77a

3,000

7»

42%

437a

433/4

10,900

10974

lOt V4

*10 9 7a

109 7t

10874

108%

10774

107%

43

.

_

w

X49

310

40

3,000
49%

49 7a

H)2

*101%

497a
102

1,700
20

2172

217a

1,600

94

94 74

1.000

-

667a

10,400

2174

217b

94 "a

)

94%

-65%
*150

102

*10174

21%
-94

20

common

108%

21%

3072

1,200

7%

43%

__

307a
110
*100

61

6 %

7%

43%

30%
110

100

1374

*13

6%

7%
4374

Inc

109

,"18%

30 Va

11074
101 '!•

*100

*13

13%

30%
1107*

30%
111
101

__—_——No par
2nd preferred..No par

Can

109

109

13%

&

—_100

Stores

preferred.;
preferred

7

22

Co Inc.——10c

"when

conv

40

40

187i

preferred „,—
.— 100
Boking Co com—No par

$3.75

40%

21%

Corp of America com—10

Continental

40 7b

40

19

Continental

May 13

6,800

40

Co com—No par

Power

preferred
preferred

52 7t

22

Gas

67

Consolidated Textile

23

8

16%

21%

C

Consolidated

35% Apr

6

16%

28%

XI8 72

com

7

Common

X39%

8,400
4,100

19%

series B

Laundries

Container

50%

41%

48%

22

No pax-

Consolidated
of

517a

81

19%

Corp.—1.33%

15

RR

"16%

50%
41

81

21%

Elec Light

of

4727

1672

,

*80
„

227s

—L—

Poods

Consolidated

Jan

Jun

91

74

*80

207b

Consol Edison of N Y com

100

360

81

47%

28%

22%

25

preferred

*80

80%

4874

28

1972

10

No par

distribution

Consolidated

81

80%

47%

*80

Corp—

Feb

Consumers

par

*57% '58

2,100

22

'

:

Cigar

11

stock

25

com

preferred!

42% Dec

4

700

230

147a

10

97% Jan

56%

247a

14

58 % Not

56%

147a

6% Sep

-

577a

24

34% Jun

May 20

5774.

.14%

30

87

57%

50

24

Dec

112% Jan

57

14%

26

47

*49

2374

27

15

t.

57%

14 7a

23% Jan

Jan

49:

57%

24%

Conde

23 72 Mar 29

49

14%

29

103

440

50

5874

5174

24

23% Jan

4

5174

25

Jan

Consolidated

20% Jan

46

*44

1472

convertible

11

,,

5874

*49

1

24%

convertible

May 21

*42%

46

517a

51

14%

$1.40

95% Jun

1,200

*44

51%

5172

Inc__—No par

$1.32

25 %

437a

43

43
t

110

2.50

Pictures

Commonwealth

102% Feb

44,100

common__No par

Gas System

26

2

1874

5872

26

23

17%

*57%

23

Jun

1,500

18%

58

4172 Apr

18% Jan

13%

5772

4174 Apr

Consol

89

137a

58%

4172 Apr

26

44

89

137a

x57%

36% Jan

Jan

50

43
AG

43%

89%

*88

:-!

58%

Columbian

$5

•43

53

3,000

*920

43%

43%

SD 7a

*44

4374
46

52

54

30
100

5,100

57%

Class B

Ex

42%
*44 72

47

53%

*88

90%
119

13%

1774

Corp

J

118%

177a

aVa-

88

corn—.10

90%

92

11974

*920

4

4372

137

*135

137

,13572
118 7a

*920

43%

No par

Co

&

,

*90 7a

43%

47

Columbia

•

92

119%

118%

-920

*920

137

*90%

92

11972

43%

preferred

Colorado &

118 7b

11972

4372

Alkman

&

*907a

92

118 74

Corp.—No par

preferred

Collins

*91

No par

;_

Internat'l

Colgate-Palmolive
$3.50

preferred. 100

Cc (The).:

366/a Jan

89% Sep 23
45 % Jan 13

5,500

267b

947b

7

93

21,800

267a

2

19

48%

274

95

37% Mar 16

49% May 27

48 7a

27 74

267a

37% Dec

63% Apr

48%

*95 74

1

preferred—100

37% Dec

7

20%

48%

27a

common

conv

17

May 17
10174 May 25

50

8,700

20'/a
-

1

cum

17

47

20

207a

20

-

4% 7.

32% Jun

427a Jan

.

Clopay Corp

32 % Jun

Jan 30

300

42

Solvents

45

3,000

109%

*41 7a

Commercial

17

*108 72

4174

27

Jun

91%

60%

60

6074
:109

*10872

72

18% Jan

99% Jun 18

60

60%
109 72

*89

91%

*89

91%

60
109

280

1,600

175

*170

175

*707a

15% May 11
367a Jan
4

36

*170

717a

2

Jun

40%

717a

22% Jan

Apr

79

40

72

Sep 15
32% Jun I7

10% Jan

1,000

79

4072

40%

*717a

5172

8

16%

7874

4072

73

41%

5% Dec 23

2,700

*717a

41

25

16 7a

1674

1,400

33%

787»

—No par

Molybdenuih

33%

4174

stock—50

i—„

21,400

10%
102

7874

*89

60%

104%

*99 7a

72

50%

647a May

60%

25,300

407a
175

570

3,700

35%

78

*170

'

8,100

72 7a

*1074

33%

1674

2274
100

72

50

Credit Co

7

40%

"

167b

580

71%

109

Engineering Inc.—1

7

-

3,400

55,400

107%

Commercial

Jan

*1674

16%

7

1037a

107a
102

3374

9%

5,200

34%

;

106

107a

*9972

33 %

33 74

79

104 7a

102

2%

109

Combustion

1872 Jan

33%

9172

*89

9172
6074

*99 72

102

173

*170

19

54

40%

,40 72
175

*89

e,;

100

3,100

62%

22

35%

10%

*16 7a

59%

5674 Mar 30

5

34%

106 7b

1674

107%

29% Mar 19

2

72

300

15

32

99%

100

71

1072
*99 72

>9%

74

100

71 Vb

10372

102

22

100%

71

10%

7972

par

gtd

35

33 74

No par

77

3672

34

1674

20

preferred—100

RR

7172

79

100

■—

717a

227a

227B

22

1007a

7!3/4

33 74

33

5

preferred

22 7a
100

100

974;

9 72

97/a

106%

35%
105

5

common...

21%

2174
10072

100

43% Apr

Jan

2%

3

27a

3

5,000

874

*14%

9%

11

38% Jan

14%

6172

12

58

147b

*8

33%

14

Sep 14

99%

8%

97a

Jan

17

■V, 9972

99%

87b

63 Vb

267a Jan

14% Apr

71%

34 74

347s Jan

11

70%

62

44

127a Feb

7174

32

93/4

4,200
,:;100

717a

,

25

25

3,400

60%
82

——25

;

6

27

'

60

*78

*99%

2%

8

13% Apr

,

11

82 '

14 7a.

147a

274

*79

878'

*8

87a

.

82

*79 72

\

10

29

Feb

V.11%

*8

872

38% Jan

30% May 21

2,700
4,700

8

60

27% Dec

28

1

14

29

48% Dec

14% Apr 23

■/

400

327a

7%

78 7a

18

2

%

59 7a

11

May

7%

13%'

28%

597a

31

25% Apr

7%

*32

>

?

82

7c

29

*78

38% Sep

12

8 7b

8

,

60

$4.25 cumulative preferred-No par
Carbon Co
No par
Columbus & Southern Ohio Elec__5

207a Jan

7%

13%

297a

__100
com_No par

89

20% Dec 31

77a

31%

13%

8,700

4

18

237a

13%

23%

31%

13%

2,600
7 4,200

11

20% May
17% May

237a

32

13%

23%

32 74

1174

4174 Jan

15

23%

32

23%

13%

37%

6872 Jan

24 % Jan

23%

23%

900

18,500
2,400

11%

51% Mar 17

27% Jan 27

26

37%

69% Dec: 15

17

267a

.

11%

6

49 7b May 27

-26 7a

-

1,100

11%

100

Inc

2 6 7a

500

17%

24%

11%

Illuminating com.No

Foods

177a
*24%

37%

preferred'

Clinton

17%

24%

U7a

..

Pitts

17%

V.24%

18

,*31%

37
Sep 15
23% July 2

21% Dec 29

33

11%

Louis Ry Co com___100

&

1,400

3774

„

noncumulative
Elec

57a

12

Products

C

140

5 7a

37%;

59% Mar

20% Oct 28

57a

1174

Columbia

7

57c

11,200

11%

Columbia

Jan

574

8O0

27%

1174

preferred.!

Equipment Co

40%
104

277a

37%

5872 May 17
14 72 Apr
8

6

28

574

__1

po

convertible

4072
*103

104

277a

117a

25 7a May 21

3

41

1037a

27 7a

38

4

Mar

*4074

104

26

11%

12

8

41

*103%

2674

37%

1974 Jan

5% Dec 29

40

104

25%

11 Vo

12% Jan

16

40

103 %

26 7b

12

-

Corp

1,700

1172

5

Sep

40

17,700

3874

24

Feb

39%

300

1,200

•117a

Jan

15

29%

11%

22% Dec

7

287a

37%

11% Jan 29

12% Dec

6%

29%

.100

pfd

preferred

Climax

4

42% May 25

,,80

3874 Jan

140

*6%

287a

7

com__No par

Oil

convertible

Copper

Clevite

15

89

6%

28%

104

*5 7b

Pac___No par

common...

Special

14

132% Jan

29

Co

Cleveland

8

4

32% Mar 25

July 24
Dec

6%

2874

17

•

6%

28%

40

preference—No par

Cotton

300

X6 %

28 7b

104

preferred series A—100

conv

$4.50

May 18

1

111% Jan

89

&

noncum

Western

preferred series A

4%7

27

24

125% Feb 20

par'

No par

Corp.
1
-City Stores Co common!

'

107

Paul

A

convertible

City

4

2% May

4

34% Dec 21

6

50

St

North

City Investing Co
5%7 preferred

Mar 22

92% Apr?

9

97% Nov 25

Sep 14

v

%

39%

50

——•

series

57

23% Jan

*6%

28%

1

___

B

Milw

Cleve

4

16

1

7

187a

8 74

Mar 24

1874 Jan

15

*1772

17%
25 %

8 74

91

25% Apr

1,300

14 74

607b May 18
109% Apr 15

' Mar

13,100

17%

22

Mar 15

44

22 74

17%

247b

210

41% May 24

21%

17%

14 7b

C C

44% Mar 19

23

17%

32

Clark

75

2274

17%

12

10

com

preferred

May 19

4

'7074 Jan

Mar 23

237a

17%

25%

Cincinnati Milling Machine Co—10
C I T Financial
Corp—
No par*
Cities Service Co_—__—
10

14

337s May 19

1
4

Jan

90

22%

17%

23%

8074 May 11

6

104

107

*17%

9.50

Cincinnati Gas & ElectricCommon

1

5

75

28% Apr

1172 Mar

15

70% Dec 15

2

5

17

12

22% Jan

4

83% Feb

10

33% Sep

Jan

107

23%

26%-

47

108

17%

2674

57

37% May 10
106% May 24

33% Mar

Mar 24

17%

108

26%

Chrysler

7

99% Apr

Jan

17%

109

4,200

227a

,

26 Vb

Chile

May 25

12

102

47% Jun 16
100

18

109

23 74

26%

Childs

643A Mar 19

97a Jan

14% Jan

10

31

78

95% Jan

Jun

35

1

11

16

109

23 7a

26%

11

103/4 Feb

5

28% Jan

24% Jun

*108

2,500

___5

_

Chickasha

18

1,700

2674

1

11

47

95

Jan

6

137a

24%

&

6

62 72

24

A

Chicago Rock Isl & Pac

30

97% Jan

Dec

1,600

17%

57

7672 Apr

Jan

55

300

207a

6

26%

;

Chicago Yellow Cab

237a Apr
1037B Feb

102

22

1772

20 7a

24

15

4

25

35% Jan

*1774

207a

6

17 Va

$3

12

91 % Jun

177a

207a

6

24

57

Jan

207s Feb

22% Dec

19

1

Feb

177a

207a

6

80

2,200
18,600

14

Corp—

Co.—.

Chicago Pneumatic Tool

5

7% Jan

Jan

96% Jan

39
*

17:%

207a

17%

9

14% May 25
3

*17 74

6

24 7a

Chic

97a Mar 15

5

5%

17%

May 17

7% Oct 13

20%

*24 %

57

82% Mar 19

89% Jun

2072

40

Chic

61

6

21

No par

26

12 74 Mar 31

Aug 31

Mar

207a

51,900

62%

No par

Class

59

28

20%

21

267a

No

57

21% May 21
44% Aug
6
62% Mar 19

11

2174

20%

13%

Chicago Ind & Louisville Ry cl A_25

87a May 21
1274 Feb 11

10% Jan

69

Chicago Great Western Ry com__50

8

35% Mar

13

40% Sep
10% Dec

68 %4

62

*32%

3272 Mar 12

18

6974

26%

Chicago Corp (The)

2472 Mar 12

34% Jan

18 7a

11372

69 74

*11274

14

Co

preferred

Class

6

14

17%
11372

69%

114

62

Corp

Chicago & East 111 RR

7

Sep

10

1872 Feb

4

18%
1137a

69

377a

Chesapeake Corp of Virginia—5
Chesapeake & Ohio Ry common—25
3%% convertible preferred
100

May 12

8,800

102%

13%

25%

257a Mar 19

Jan

91

187a

420

54

53%
*101

6172

$4.50

32% Sep

53%
1027a

16,500

118

36%

Common

80

5374

500

15%

118

14

Chance Vought Aircraft Inc w i___l
Checker Cab
Manutacturing..__1.25

337a May 20
367a Feb 15

1572

1,200
26,800

f

2774

28%

17 74 May 17

4% Feu

157/a

230

62

__5

40

25% Jan

2,100

'

50

4

4

1,900

23

117

*101

18%

45%

13%

Corp.—:

15

177t

11574

*4572

61%

Pasco

Mar 17

55

11574

26%

,

&' South West

de

117

1027a

114

70

2174

*6%

May 27

187a

157a

118

-

2,400

100

No par

28

15%

15%

5,300
9,500

20

*19%

116%

.

9%
35 %

No par

Mills..;

4174 Apr

56%

15%

.

9%
35

No par

Ribbon

108

55%

1137a

69

Light com___No par
preferred
100

&

Century

5

1772

113%

1

Elec

Gas

Sugar

11

44 74

74

157»

177a

Violeta

Jan

4372

58

1574

20

Class B

May 12

44

55 74

15%.

53 74

17%

Central

98% Jan

33

22

44

597a

*101

20

Champion Paper & Fibre Co—
92% Jun

44

56

1027a

70 '

6

Central

May 25

22%4

117

17%

4

12% Jan

33% Jan

15% Mar 20
37

23%

157a

20 7b

Cerro

4

46

227a

5874

6

297s May 27

20% Jan

46

2374

43%

17%

Central Illinois Public Service.
10
Central RR Co of N J class A___50

18

*11574

467a

*15 7a

20

6

772 Jan

11572

23 7a

5

Illinois

472%

20

4674

__1

127a Mar 18

6% May 27

5

20

19%

11572

;

:

Aguirre Sugar Co

Central

187i May .25

10

10% Dec

preferred

20 7b

157s

54%

19

20%

9%
35%

x207b

119

*101%

114

No par

common

Hudson

5

18% Jun

18%
*69 74

Central

23% May 25
18% Feb
8

15% Mar 15

24

Mar

56

10272

114

9%
357a

1574

*117

Shares

972

43%

157a

the Week

3674

59

*15 7a

118

55%

100

Foundry Co__
Central of Georgia Ry.
5% preferred series B

;

11% July 14
35% Jun 16

16

preferred series A_100

Central

59% Sep

15%

"102

100

—

of Amer com—No par

conv

2nd

15% Sep
15% Oct

common..—_10

4.20%

59%

118

May 28

9%

4672
23%

43%

15%

.

100

Tractor

2372

15 7b

1

Friday

May 27

3574

115

46 V4

59 7b

_io

Corp

9%

114%

46 72
23 72

43%

Cpi_„j_—__5

preferred

Caterpillar

115

45

:;,23

No par

common.!

Co

115

Ry_100

'____£

Preferred

120

Ohio

Light

General

13

4

&

„_

Steel

&

(J

7%

&

issued"

1047i Apr

28

24

5

"When

217a Jan

29

Dec

Jan

——10

46% May 24

24

98 ?

36

6

65% Dec

104

9 74

35%

Clinchfield

Feb

105

9%

36%

Carolina

65% Jan

45% Sep

974
367b

(Philip) Mfg Co_i

Carey

Thursday

May 26

__1

11572 Mar 22

Sales for

Wednesday

May 25

__5

5

Jan

Tuesday

Co.

(The)

Jan

\13 i

Monday
May 24

Par\

Airlines Inc..—

22% May 21
40% Jan
5

16

34% Jan

18% Dec

Capital

12
30

46% Jan

Jan

49

18

40 % Apr

40% Jan

9

48% Dec

14

10% Jan
21% Apr

STOCK

YORK

4

5

LOW AND HIGH SALE PRICES

EXCHANGE

13

17% Jan
107

113 % Mar 19
45

Jan

NEW

Highest

8%" Jan

13% Jan 29

237a Sep
16% Sep

V

Range Since Jan. 1
Lowest

Highest

103% July 20
34 V2 Jan 10

Continued—Pag» 3

STOCKS

Range for Previous

93 7/b

66

74

6574

6572

10074

98 72

*9572

101

200

15074

15074

io«

155

*148

94%

155

19

20

(2380)

>

»

-

l

r

f

:

The Commercial and Financial Chronicle...

»

NEW YORK STOCK RECORD
Ranee for Previous

STOCKS

Year 1953

Lowest

Range Since Jan. 1
Lowest

Highest

NEW YORK

7% Sep

15

10% Mar 17

7% May

4

8% Apr

8

17% Jun

11

20% Mar 17

5

19% Jan

14

9% Sep

12% Feb

11

16

13% Mar

3

17% May
10% Jan

Jun

16

82% Jan

7

72

7Va Sep

14

11% Mar 25

46% Oct

13

62% Jan

15% Sep

15

22

67

6

Feb

18

7% Jan

4

Jan

4

73

15 %r Jan

4

19

Continental

Continental

19 V2 Sep

14

28% Mar

Jan

4

25% Apr

19% Sep

21

26% Jan

27

22% Jan

4

35

15

27% Feb

2

20% Jan

4

24

May 28
Apr
9

48% May 25

52

Jen

44% Mar

5

49 % Apr

9

4

Steel

25

21% Jan

Oil

19% Sep
48% Jan

52

6

20

6

Jan

28

55% Jan

30

43% Dec

30

18 >A Sep

15

26% Mar 25

Jun

18

68% Jan

60

15

991/2 Apr

78

Nov

9

6

Mar 31

161

15% Dec

29

3% Sep

15

5

% Nov 30

2

1

25% Sep
87 % Jun

15
1

25% Jan
10% Dec

2

71% Feb 24
174% Jan

176% Dec 31
18% Nov

16

16

Jan

Jan

24% May 26

4

4% Feb

17

4

1% Feb

1

34 %

Apr

2

28% Jan

4

35% Apr

14

95

Jan

21

91% Jan

4

1% Jan

3

26% Mar 22

27% Mar 12

27% May 28

Corn

Cosden

Coty
Coty

19

$2

16

101% Jan

4

105

1

89

72% Jan

4

5

14% Jan

8

Apr
20% Jan

11% Dec

31

17

Jan

6

11% Jan

4

14% Feb 25

24

185

Jan

8

5% Sep

15

Nov

18

6% Sep

21% Jan

82

4
5

23 % Sep

18

7% Jan

2

27% Mar 20

25

Jan

103

4

10% Mar 31

Jan

23

138

Apr

17

134

Jan

7

31% Sep

15

43

Jan

If

39

Jan

11

136

Feb

15

58% May 24

24%

4

4%

4

*1%

1%

33%
96

27%

27%

27%

27%

27%

Amer common_..25

251/8

25%

81%

8174

13

16%

l6'/2

12%

5%

5%

5%

*54%

55%

*54%

7%

8%

16'A
12%
>170

17

16%

13

543/8

83/4

7%

8%

27%

100

8%

27%

135

101

27%

135
X57 %

-

103

27%

273/4

135%

2,200

8

7%
*102

1.000

43,100

1043/4

593/4

593/4

10'/«

x9%

9%

273/4

x27 %

37%

1353/4

70

593/4

135%

27%
135

57

39

200

83/4
29

9%

10

563/4

57%

8
103

3,000

543/4

8%
29

59J/2

59%

*134%

135

58%

7%

101

3,400

5%

*54

28%

1,060

200

5%

83/4

28%

500

12%

*170

54'A

1,200
10,500

16%

123/4

200

83/4

9%

58

9,900

81

283/a

9%

27%

26%

81

543/4

9%

135

253/4

82

83/4

9%

_No par

263/a

28%

9%

_,__._™__._.__,™_i'
Inc 7% pfd____100

190

25%
*81 3/4

*54%

59%

Inc

103%

8%

58%

Cutler-Hammer

1033/4

54%

7%

19,400

1033/4

28%

100

15'%

103%

5%

58%

Cushman's Sons

15

1.500

45%

8%

7%

100

27%
33

5%

99%

7,500
10,100

98

45%

53/4

58%

1%

33%

>

33

5%

99%

1%

273/4

15%

5%

58%

2,100

333/4

200

No par

3%

453/4

45

13%

*170

-No par

_

...

60

40,000

32%

r

*96

28%

29

12,100

24

81%
16%

12"%

200

440

26%

16%

13

*170

100

common

-

17%

common.—10

__

preferred

3%

96

25

72%

180%

23%

323/4

.

6,300

101

72%

24 Va

1%

103%

Inc

*99

98%

*803/4

62%
98 %

180%

32%

700

3,500

101%

72%

1%

103%

17

101

32%

103%

preferred

62%
*97 r

181

*96%

103%

110
m

100%

98'A

98%

1%

49

4'/a

.23%

103%

200

A

23%

103 «/4

13

Class

723/s
>180%

No par

__

*170

Curtiss-Wright

/■■■

72%
181

143/4

ti'/o non-cum pfd
__100
Cuban-American Sugar common
10
l'/o preferred
...100

27% May 26

*99

101

"72

63%

101'A

*33 %

25

preferred

f

27%

81

Prior

*97

15%

convertible

$7

623/4
101

98%

33%

81

May 27

63

101%

32%

32

27

24%

59% May 27

27%

45%

RR

Press

48

27%

*97%

98%

100

5%

Cuba

48 ;

27%

*99

4 %

1%

483/4

27

143/8

preferred

Crucible Steel of

9
26

11

1%

48

*179%

233/8

3%

49

48

27%

*97

72%
180

22
-

49

48

27%

101

72
180

49

43%

8%

19

*99

72%

22%

33%

28%

Jan

102

22%
49

14%

___5

93

3,100

22

*48%

44%

Cunningham Drug Stores Inc__2.50
Curtis Publishing common
__1

54% Jan

4

22%

22%

48%

33%

Cuneo

57% Feb

223/4

22%

48%

14%

5

31

23%

22%
50

43%

5

21

7,300

33

15

6% Apr

35

14% '

9% Jan

49% Sep
6% Sep

29

33

44%

30% Apr
8% Jan

8% Apr
2
100% Jul 28

33'A

33%

44

27% May 14

12% Mar 19

131

143/a
*33%

common__5

Cudahy Packing Co
4%%
preferred

34 % Jan

1,600

323/4

VH

Corp

3

15

9% Feb

__2.50
No par

Zellerbach

29

21

15

263/4

Feb

21

22%

313/4 .32%
*97%

—.2

preferred

$4.20

1%

25

Jan

Sep

22 y«

3%

57

20
8% Apr 19

22'A ,22%

33 %

233/s

~6%

5% Apr 28

Mar 17

5% Sep
93% Dec

27

12

22%

32%

3%

52% Apr

8% May 21
64

11

22%

181

100

2,300

22%
33%

223/8

1

common

preferred

Crown

36% Jan

12,200

22%

1

of Wheat Corp (The)
Crown Cork & Seal common

29

24

24,500

18%

32%

1

Cream

15% May 26

15

Corp

__

Co

3%%

48

15

9%

713/4

183/4

22%

101

72%
*180

9%
71

18%

33%

98%

*99

common.25

International Corp

Crane

101%
*97

100

Petroleum

Inc

33% Apr

13% Dec

Refining

preferred

4

26% Apr

Corp

____

Products

7%

4

52

series

93/a
71%

18%

100%

4

Jun

x22 Vo

common^

9 J/8

71

18%

*62%

Jan

180

5

33

9%

72%

98%

34% Jan

6

19

101%

29% Jan

20% Sep
68% Sep

9

72%'

18%-

*97

17

Mar 17

71%

19

•71 %

Xl8%

72%

18%

.100
preferred
pfd 3 % % series of 1947-100

Cum

15

33% Jan

9%

72

101

3%%

15% Mar

Jan

1,500

47%

35% Dec
103

85%

62%

34% Jan

May 18

853/4

27 %

10

91

853/4

62%

16

Apr
Apr

1,200

853/4

9 %

47%

29

11

11

27

Jun

2

11

62%

26% Jun

28

11

27%

99% Mar 30

Mar

10%

48%

182% Mar 29

3% Mar 16

20

11%
86%

62%

5

78% Mar 12

5

Xll

X85%

27%

13

6

87% Jan

11%

87%

9

No par

Electric

200

11%

86%

8

series—

6%

Dubilier

2,000

11%

87%

48%

28

8

96% Jan

21

7%

173/4

1

99% Apr

95% Jan

25

*7%

*17%

50

108 % Apr

19

Jun

7%

173/4

Exchange Bank & Tr Co__-20
Corning Glass Works common..
5

Preferred

12

96% Jan
98

x7%

*17%

22%

Cornell

1

7%
17%

86%

Corn

14

7%

*17%

*48%

4

Apr

7%

17%

5

9

Shares

7%

17%

____14
common

5%

the Week

7%

50

32% Mar

70

90% Dec

Co

Friday
May 28

17%

;

1

Delaware

Convertible pref

Ral*«ffa*

Thursday
May 27

*11%

.....

63% Feb

93% Sep
93% Sep
67'/a Feb

7%

10

Corp

Copperweld Steel

May 20

17%

Fibre

Cooper-Bessemer Corp
Copper Range Co_

Mar 22

58

15

22

of

Wednesday.

May 25

_2

Motors

Continental

Tuesday

May U

25

com

Insurance

Continental

May 19
May 24

Ind

preferred

Continental Diamond

88% May 13
9% Mar 18

52

5

Mar 18

convertible

Monday

Par

,

Continental Cop & Steel

5%

ContfiMd—Pagt 4
LOW AND HIGH BALK PKOTE*

STOCK

EXCHANGE

Highest

Monday, May 31, 1954

135

57

57'%

563/4

900

v

56,100

1,500
160

57

2,800

D
29% Sep
83 % Dec
Dec

4

15

40% Mar 28

30% Jan 11

39% May 24

22

92

87% Jan

93

22

Jan

8

8% Mar 17

26

Dana

May 25

4% May 18

5% Mar 12

Corp

3%%

39%
"92%

39%

38%

39%

39%

383/4

39%

383/4

160

93

93

93

94%

*92%

94%

4%

4%

*4%

4%

4%

94%
4%

*92'A

common.__2.50

*4'/a

43/4

*4%

4%

__20

*13%

13%

*13%

13%

*13%

13%

*13'A

13%

*13%

13%

10

18%

18%

common

1

preferred series A.

Davega Stores Corp

13% Aug 20

14% May

11 % Dec

15

16% Jan 29

13% May 19
11% Jan
4

18% May 26

Daystrom

33 % Jun

16

39% Dec

17

37

Apr 27

40

Dayton Power & Light

2

90

Jan

96% Apr

1

96% Apr

23

4

82 % May 28

92

83

Apr

28

92

Jan

16

91

Jan

13

86

Jun

3

97% Feb

11

94% Jan

11

17% Aug 31
77/a Sep 15

23% Feb

12% May 14

12% May 4
9% Apr 27

34

47% Jan

14% Mar 15

35% Jan 11

Dec

14

Jan

2

5

8

May 27

100

24% Jan

I

32% Jan

34 % May 24

fl

46% Feb

8

15% Jan

30

12% Jan

15% Feb

25

23% Jun

27% Dec

21

27

29

28
7

24% Jan
61

16

July 84

60

Deo

30% Dec
64

14

Mar

2

May
Apr

30% Mar

55% Jan

12

72

14

103

4

28% Jan

<

93% Jan
16% Jan

9

99
Aug
424% Mar 23

11

64 % May

14

6% Mar 17

2 % Apr

16% Mar 28

8% Apr

17% Sep
18% Sep

Sep

5

108% Feb

4

10

15

21
2

12

4

38% Apr

1

12

34% Jan

10% May 10
10% Mar 15

.12% Jan

8

11% Feb

10

29% Nov

28% Mar 24

12

12

Nov 30

41% Deo

2

To

8% May 17
40

57

Jan

May 18

11% Jan

4

13

55% Apr

30

Jan

11

68 % Apr

8

12% Feb

10

14% Jan

4

J 7% Mar

16

87% Dec 17

79

33% Jun

10

43% Jan

94% Jun

29

Jan

11

133% Apr 26
65% May 27

59% May 14

41% May 28
103% Mar 26

4

30%

29%

30%

34

34%

34

34

43%

43%

44

44%

44%

50

13%

13"%

13%

13%

13%

13%

13%

13%

Delaware Power & Light Co... 13.50

13%

13%

28%

28%

28%

28%

28%

28%

28 3/8

283/«

28%

283/s

Escrow ctfs

Delroit

Detroit

/

4.40%
$1.50

&

S

T

Apr 27
23
4

48

conv

10

Dec

48% Jan

52

45

Jan

9

50% Jan
48% Jan

4

6

10%

May~l5

9% Jan

64%

2%

2%

23/a

2%

2%

2%

2%

2%

8%

9%

8%

9

9

'/a

9Va

9

9%

$4

65

19%

20

23%

20%

2074

21%

21%

213/4

21%

21%

28 %

28%

28%

28%

28%

28%

283/a

283/4

28%

28%

10

33%

33%

33%

33%

33%

33%

33>/s

331/8

100

107%

107%

107%

107 %

107%

,25

Car

®

1.2

Co

107%

107%

107%

37

37

36%

37%

36%

37

36%

34

*34%

34%

34%

34%

34'/a

33

37

34

34'/a

10%

11

10%

107/a

1074

11

10%

,

107 %

37

4,500

5,200

.

*3,500
1,800

i

4RO

<3.900

37

*34%

10%

1,800

33%

107%
>

10

■

34%
11%

10%

v

4.800

4 JO

—_50c

11

11%

Xl0%

11

10%

11

11

11

103/4

11

2

31

31%

31%

31%

31

31%

31%

31%

31%

313/«

6,800

93/8

9%

9%

9%

2,000

Ltd

2,103

52%

523/8

523/,

66%

*65%

66%

66

'/2

66'A

*65

11%

11%

*11%

11%

11

11%

11

11%

16

16%

>1,700

16

16%

16 %

16%

15%

16

153/4

15%

4,200

125%

125%

preferred

No par

___No par

124%

52%
67

1.700
100

129

2,700

62%

63%

62%

62%

62%

65

64

65%

64%

65%

40%

40%

15,800

40%

41

40%

41

40 3/8

40%

40a/«

41

103%

37,100

103%

"102%

No par

$4.50

Preferred

—____.No par
& Co—

$3.50

__.5

series...

No par

series_™_No par
Co com
;
10

Mar 12

$3.75

preferred

53

Mar

4

$4.15

preferred

52% Mar

8

27%

common™._50c

(E Ii

Duquesne Light

126

52%

__________________

series A

Nem

125'%

*65

*9

common.___s.___5

convertible preferred___100
International
_1

4%

...50

__50

™

preferred
4.20%
preferred
DWG

*64 %

11%

Presser Industries

27

65

66%

Preferred

10% May 27

*64'A

___2

Common

53% Apr

65

11%

49

7

*64%

64%

2%

9%

*64%

Apr 30
122% Mar 30

52% Feb 23

65

2%
9%

Douglas Aircraft Co Inc.—No par

128

12

8

*64%

™_1

common

100% Apr
2
31% May 25

6

Co. 100

5,200

common—No par

"When issued"
Dow Chemical Co

du Pont de

Feb

31%

___1

Duplan Corp

13

RR

Pepper Co
Dome Mines Ltd.___

26

28% Jan

31%

Dr

8% Jan

4

31%

52%

4

30% Dec

31%

52%

Jan

14

31%

52%

7

25% Sep

31%

52%

2

6

31%

52%

12% Jan

12

31%

4,000

No par

3%%

11

31%

Corp

Co

Dunhill

94% Jan

31%

2,700

70%

*9%

5

115% Jan

19%

70

9%

12

104% Jan

193/4

9%

82% Apr

3

19%

>

108

9%

38% Jan

2

191/2

107

8%

4

12

900

19%

107

___i

19

Jan

107 %

193/s

common.....

Motor

15

108% Deo

107%

19%'

107

preferred series A—50

Cup

5%

71%
107%

19%

Co

Corp-Seagrams
Divoo Corp

Apr

118% Jan

W

Distillers

Dixie

70%
106 J/4

19%

preferred

Stores

71%

107%

19%

^5
Co

Match

Diamond

Diana

70%

70%

1.600

107%

preferred™.

cum

70%

4,800

8

Co

cum

71%

1,700
2,900
1

100

preferred™

Corp

Alkali

Diamond

71

,

20

for

Raynolds class A

75% Jan

97

9% Jan

Vilbiss

18% Jan

4,

,

(The)™

Steel

33

10

.

Edison

8

23

47% Apr
43 % Jun

common

Derby Oil Co

13

89% Jun
42

„

Denver & Rio Grande West RR—
Escrow ctfs lor common new__100

14

30

26,100

30'/e

333/,

Feb

May 21

21.000

30%

43

28

30.100

50%

43%

83% Jan
.

3,300

10%

50%

333/4

24% Jan

July 29

Jun

100% Jan

2

13%

10

50%

30%

2

Dec

Jun

18

33% Feb

13%

10 Va

49%

43%

15

75
36

91

102% Jan

8

4

13%:

10

49

9%

34%

30

10% Jan

133/4

10 %

47%

30%

28

14% May 25
13% Feb
4

30

43

Diamond

Jan

98

34%

Co

Devoe &

3"*% Jan

*97

30

De

33% Jan

220

98

42%

3

101

93

*97

13%

*91

34%

May 10

3

10%
49

92

30%

21% May 27

13

10%
47%

50

92

98

133/4

13%

10%
50

4,100

94

42"%

35

34% Feb

13%

10%

1

20,0001

40

34 %

29% May

40% Feb

13%

50c

•

300

183/4

40

10

7

22

-I50c

*96%

%

20

,

*92%

.«

20

&

8

Jan

Co
Inc

7%
preferred
Delaware <& Hudson__j._'_
Delaware Lack <fc Western

10

108

*96%
13%

100

98

18

40
94

7,100

100

Deere

Feb

18

C

40

*92 %

39

49%
29 %

20% Jan

1

Mar 17

26

109

Rubber
Records

Deep Rock Oil Corp

Detroit Hillsdale

23% Mar 10

6"% Dec

98

Detroit-Michigan Stove

13% Feb

17% Sep

923/4

98

7

29

Jun

92

29

16

1

93%

23

Sep

60

93%

3.90%

Jan

3

13% Dec

10

92%

27% Jan

7% Sep 17
31% Jun

92%

24% Mar 10

9

1

_100

series

33

24

Jan

series B

Preferred

19% Jun

Jun 12

25

Preferred 3.75%

15

95% Jun

9% Sep
10% Sep

92%

16
14

3 2% Jun

30

18%

39%

92%

.7

common

10% Ja^i

15

25

18%
39%

92%

May 26

67% Feb

30

29

May

2

20% May 21
31% May 14

4

2% Dec
9 % Dec

18%
39

92%

Decca

2

55%Dec

17%
38%

Dayton

52% Feb

15% Oct

18

94

14

33% Jan

81 % Apr

17%
38%
*92%

39%

.100

26

30% Jan

Inc.

series A

19% Jan

40% Sep 21
10% Oct 13

preferred

*92%

3.75%

10% Jan

23% Sep 15
28% Jun 18

16

convertible

Preferred

Mar 12

50% May 28
30% May 26

2

5%

.

^

*34

3!>%

7%

103%

x26%

82

*34

T03

26%

x82

39%

*34

7%

*1023/4

27%
83

'<

39 %

7%

7%

124%

125%

125

126%

120%

120

120

103%

103

125%
*120

126%
120%

:'120

i

7%

82

*82

83%

39%

*34

37%

*34

26%

73/4

-

f

125%

126 Va

124%

126

>

119%

1193/4

119%

119%

98%

98%

98%

98%

30%

31%

31

31%

31%

313/4

*46%

463/4

46'/,

523/4

523/4

*52'A

49%
*52%

5

10%

46%

*46%

46%

52%

52%

52%

49%

49%

49%

*49

49%

*52%

53

53

*52%

53

10%

*10

10%

27%

7%

98%

46%

500

27%

82

*98%

*52

103

26%
,

7%

>

50
:

26%
*82

83

50

Cigar Corp

27%

*82

103%

10%

*98

99

31%

46

*52

25,800
310

52%

50

48%

1,200

49

48%

53

'52%

53

10%

10%

*10%

10%

*52%

10%

31%

453/4

523/4"

400
,200

31 y8

453A

20

5,300
14.000

99

*98%

313/4

49

7%

21,300

1,200

E
17% Sep 18
20% Sep 22
13% Dec
4
8% Dec

41% Jun

31
16

156% Sep 30
36 % Sep 18
16% Jan
5
83

July

20% Jun

1
2

89

May 28
12% Sep 14
39% Sep 21
1 % Dec 22
23 % Dec

29

10% Oct

6

22

5

Oct

48% Dec 31
44

Oct

6

30

Sep

15

13% Sep 15
9% Dec 30
20 % Sep 15

25% Dec 23
89% Dec 21
20% Jun

4

"""*

6
16

Sep 18
Dec 22

64% Dec 22
70% Jun 15

23% Mar 11
28% Jan
8
19% Mar 27
15% Mar 17
47% Dec
169

18

Jan

22

48 % Jan

30

25% Mar 25
94

Feb

20

24% Dec

7
11

102

Feb

17% Feb 24
67

Mar 12

2% Apr 15
37% Jan
9
13

Jan

26

33% Feb

4

51% Nov 30
60% Feb
4
37% Jan

18% Mar
14

Apr

29

Eagle-Picher Co

25

Feb

1

Eastern Airlines

9% Jan

4

46% Jan
165

Mar

37% Feb

21% May 26
14% May 26

4

4

63% May 24

4

171

24

46% Apr

24% Mar 24

3

94% May 18

22% Jan

19

100

Jan

13% Feb

27% May 28
Apr 12

23

18% May 24
45% Mar 2

36% May
1 % Jan

4

23

6

27% Jan

v6
15

May

11% Mar

6

2 % May 24

3

12% Jan

23% Jan

12

27% Apr

48

26

51

Apr

3

Mar 13
24% Mar 12
8% Nov 27
22% Jan
8
•

Apr 21

9% May
26

Jan

92

Ekeo

Products

4%%

Co

Elastic Stop

common

&

Mus

Electric

Elliott
5%

9

5%
El

Co

Amer

cenv

Watch

Paso

Emerson

Electric

Emerson

Radio

Empire District

Mar 16

29% May 19

Endicott Johnson

Jan

6

4

25% May 21

17,500

213/4

26,600

133/4
61

10

Equitable

16% Jan

4

18% Jan 27

66

4

70

Jan

28

8

74% Feb

5

100

May 25

May 24

4%

Erie

RR

5%

13%

14%

141/8

14%

14%

14%

6,200

60%

22,600

63

43%

44

41%

42%

42%

4

3'A

43%

44%

43%

44%

1

21%

22%

12,000

x21%

21%

21%

21%

211/8

21'/a

*21%

21%

1,000

_100

*93%
27%
*100

94%

*93'/2

27%
103

27

615/a

27'A

*100

60'A

61%

171

94'A

27%

103

J/2

171

*93%

94%
27%

TOO

62

171

103

60%

171

•92'A

171

94%

27%

171

*92%

273/8

TOO

*100

150

94%

27%

103

27%

11,500

103

"

17%

18%

17%

17%

17%

17%

17%

18

18

IS1/!

39%

40%

39 >/8

39%

393/4

40

39%

40%

40%

40%

16,000

2«/8

2%

2%

41,700

25

2%

2

25 %

2 »/a

24%

2

25

2%
25

24%

2

24%

25

12%

12

12 »/8

12 Va

12%

12

12%

Xl I'/*

26 %

253/4

25%

25%

26 J/a

26'A

26%

26%

*48%

49

48%

48%

*48%

49

48%

48%

*48%

__50

51%

51%

40

40

3

,

4

5

Co

10

100

"

Bldg
series

25

24%

12

Phonograph

8.50
.1

common

preferred

133/4

25%

preferred

Erie &

133/4

2,000

171

Corp common._25

Office

13%
63%

___50

,

Equitable Gas Co

4

Mar

233/4

20%

10

Electric

7% Jan
Jan

20'A

23%

21%

19%

934

No par

%

19%

40

19%

10

934

25

24%

29%

51'A

51 %

51%

51%

51%

40%

,51

1

.

51

25

•

22% Jan

72

20%

23%

15

Mfg Co

&

20%

21

2

Co

Gas..

25

19%
23%

213/4

5

preferred

Natural

19>/2

23%

21

613/4

No par

....

2nd

19%
23 'A

21%

-169%

shares

common

preferred

19%
233/a

20%

1

Storage Battery

Elgin National

19%
23 «/8

20%

171

100

Nut Co
Ind

19%
23%

ig3/4

*169%

2.50

Electric Auto-Lite (The)
Elec

19%
23

2

preferred

19% May 18
11% Jan 26

5

5

10
100-

Edison Bros Stores Inc common
4 % I?
preferred

11

May 12

1

10

Manufacturing Co

Jan

40 %

17
4

9

10
Inc

Corp

6% preferred
Eaton

54% Apr

49% Mar 29

22% Feb

Eastern

Eastern Stainless Steel Corp
Eastman Kodak Co common..

104

4

4

99

30

4

11

6

3

85% Feb

14% Jan

19

Feb

20% Jan

35% Jan

Jan




21

28

2

29% Feb

74% Feb

12

21% Apr
15 % Jan

8

26% Feb

?4

18% Jan

40

40'A

39%

40'/s

39%

-19%

193i

9%
25

93A
...

19

J/2

19

19'A

i

9%

.9%

v

243'4,

24%

28 %■

x24%

v

29%

28%

«

283A

98

98

99

97%

v

99

25%

25%

25V'8

25%

25 y8

T 25%

24%

25 y8

9%

9%

9%

9%

9%

9%

9%

17%

10
18

A

100

68%

68%

Pittsburgh RR Co

50

*71 %

74%

17%
68

283/4 .'
100

!

*70%

17%
.68

74%

f,i-

—

173/4

17%

*67%

69

*70%

74'/2

28%
*97

19 Va

.?

28%
•

V

98'A

18

4,500

12

1,600

26%

4.200

I 49 y2

1

513/4
40 y.

140
600

16,400

19'A

2,200

9%

10

24%.

5.100

9%

10,200

24%

243/4

2,200

28%

2,900

28%
*97

-

290

98

24%

25V2

9,700

9%

9%

48.700

17%

18

11,500

67%

67%

G8

68

400

•70%

74%

70%

74%

17%

r

I

Number 5329 ...The

Volume 179

Commercial and Financial Chronicle

(2381)

NEW YORK STOCK RECORD
Range for

STOCKS

Previous
Range Since Jan. 1

Year 11)5*

Lowest

Highest

Lowest

NEW

10

Sep

14

14% Mar

9

11% Jan

4

12

Nov

10

16% May

4

12% Feb

16

14 Vo May 12

Eversharp

39% Sep

14

59% Mar

4

49% Jan

4

73% May 21

Ex-Cello

a

Jan

a

July 13

1% Apr

26

■1

Sep

14

28% Mar 25

21 Za Jan

4

6% Sep

15

9% Jan

11

13% Apr

1

4

18% Jan

27

Fajardo

16% Feb

9

Falstaff

3

15% Feb

STOCK

YORK

Monday

Evans

26

2% Jan

18

Products

—

Buffet

Exchange

Corp__—

HIGH

SALE

PRICES

Wednesday
)' May 36

13%

13%

13%

13%

13%

13%

13

71

71%

71%

71%

2%

*1%

2%

2%

Fridav

the Week

May 37

13%

72 %

Sales far

Thursday

13%

14

—13%—3
71%
2.50
*1%

i

Corp.

May 35

13 %

—5

Co

Inc

AND

Tuesday

May 34

Par

EXCHANGE

Highest

*
LOW

"

.

May 28

Shares

131/2

13%

13%

13%

2,200

13

13%

13%

13%

9,000

71

:>

71%

70%

71%

2,500

n%

2 !e

25%

26%

*2

2 /a

F

Mar 21

10

13% May

22% May 11

16% Dec

29

14% Oct

13

16% Mar 24

Apr

19

15% Jun

17

19

Jan

8

17 V4 Jan

5

Jan

26% May 28

11

15

Fairbanks

19% May 27

48% Jun

24

57

14

62% Jan

21% 8ep

21

28

15

34% Apr 14
18
Mar 9

21% Apr

10% Sep

13% Feb

24

9

66% Mar

9

58

Feb

18

14

53% May
7% Apr

4

48% Feb

24

56% Apr

8

3Y4 Apr

8

4% Jan

15

Federal

Oct

1

1
27% May 21

35% Sep

14

48

04

1
29

105

July

8% Dec

Jan

23

19

5

38% Jan
99% Jan

4

8% Jan

4

2

20% Jan

4

67% Sep

14

86% Jan

5

76

Feb

16

1

107

Oct

8

54

Dec

25% Sep

18

32

Sep 10
ley* Aug 24
21% Jun 10

100

15%

16

19%

19%

19

50

* 56%

*56/2

58%

'57

_5

23%

23%

1

14%

15

Corp

63

25%

Corp
Stores

-

5-

common

23%

87

17

53% Jan

5

8

8% Jan

25

9

Corp

4%%
First

(The)

72%

100

50

Carpet Co

5

—

Flintkote

32/a Mayl7

4

25%-Jan

11

98% Jan

7

16% Jan

6

21% Apr

28% Jan

7

34% May 28

Florida

Power

38% Jan

4

Florida

Power

Mayl4

103

$4

9

47% May

,5

11% Dec

31

17% Jan

6

11% Jan

4

14% Jan

22

31% Dec

3

30% Jan

4

47/a May 18

Jan

5

93% Jan

7

100% Mar 19

43% Jan

2

37% Jan

12

27

88% Jan

6

39% Oct

92

90

Sep 16

21

33% Oct

6

81

Jun

9

89

Jun

26

96% Jan

12

94% Jan

14% Sep

15

23 y« Jan

20

19

103

6% Dec

29

9% Dec

30

39% Sep

1

May 15

Jan

22

4 :'i

4

Mar 16

9

May 19

Inc

102/2

23%

23%

23%

86%

87

x85%

19

18%

4

27

69% Jan

4

81% May 13

Fruehauf

Mar 18

18 %

18%

72%

73%

*106

4</0

42%

10%

24%

24

24

86%

86%

85%

86/4

.

104

*10

18%

18%

18%

50%

50%

49%

7%
31%

7%

7%

7%

31
101

73%

71%

105%

106%

'105%

50

x49 %

49%

43%

7%

7%

x7%

73%

7%

12,900
630

700

.

2,000

4,000

;

20/4

23,600

72-%

5,100

107

20

49%

1,400

8

1,400

5,100

31%

31%

30%

30%

31

100 %

*99%

99%

99%

20%

20%

20

20 %

20

20

32%

32%

32%

34

33%

34%

34

34%

34%

34%

8,100

46%

46%

46%

47

46%

47

46%

46%

31%.
101

12%

12%

12%

43

10

43%

10

\

27

1

Corp

46%

4,600

13%

13%

13%

14

5.100

45

x43%

44

43%

43%

7,300

*98%

100

*98%

100

*98%

99%

99%/
44%'

20

43/2

5,800

*100

97%

*96%

26%

28%

27%

8%

*7%

10%

10%

60%

8

13%

43 %

61%

12%

12%

43%

43

101%

43%

'*7%

97%
27%

7%

100

97%

*97
27

28

100

97%

*96%

98

27%

26%

27%

27,200

7%

8%

8%

1,300

7%

10%

10%

10%

10%

10%

10%

2,500

60%

61

60%

61%

60%

60 V2

3,600

12%

12%

12/8

*12%

12%

1,500

25%

25%

8,700

10%

63

63%

12

12/a

1

25%

25%

25%

25%

25%

26

25%

26

80

80

79%

79%

77%

79

78%

78%

common

preferred

100

50

8%

10%

♦12

240

99%

1
Co

43

100

10

Co_„

46%

110

900

12%

43%

—No par

31

100%

43%

12% j

43%

*96/2

—100

—

Trailer

18%

72%

107

*106

107

97%

23% Jan

42%
103%

10%

86%

72

72%

42%
103%

10%

24%

24%

102/2

x31%
*101

common....LI

Co

Sulphur

42

104

10

*99%

Corp

Stores

42

102%

9%

,

101%

Freeport

7

41%

42%
104
10%

10

*100%

Franklin

•

41%

400

20%

Froedtert; Corp

Jan

1,000

100%

12% Mar 15

79

25%

100%

64% May 14

Jan

25%

100

4

11

25%

43%

7 7

Mar 22

Jan

25%

44%

11

10

25%

43 %

45% Jan

9

100

25%

10

14% Jan

«

25%

*98%

Sugar

51

2,800

98%

preferred

63

51

No par

Light Co

13% Apr 15
13% Apr 13
51% Mar 17

*60

52

3%

98%

3%%

63

*50%

3%

15

Francisco

*60%

52

3%

pld ser of *51

Foster-Wheeler

63

52

*3%

Machinery & Chem Corp
3%% convertible preferred

100

\

'61

64

100

20%

Food

7

May 20

11

12,700

57%

20 %

Corp—

$4.20 div cum

28 % May 25

Jan

&

Steel

4,600

14%

20%

__

Corp

Stores

Fair

23%

14%

1

No par

CP——.—

Food

23%

14%

50%

7%

common_No par

—

Stove

Follansbee

101

6% Jan

27% Mar 24

21% Sep 15

44% May

preferred

Florence

23

24%

14%

—7%

"The)

Co

Mar 25

Feb

24% Feb 27
29% Deo
7

23%

14%

*102%

107

*106

No par

National Stores.

Firth

18%

1

preferred

57%

23%

14%

3%

88%

Firestone Tire & Rubber com--12.50

Apr

107% Mar 19

59

23

14%

3%

23%

Filtrol

7

4,400

3%

10

76

12

5,100

19

52%

ib

10

10

16%

19

3%

103%

103

5

Corp

16

19%

x25%

42

41%

oOJ

16%
/

52%

100

Mfg Co

38,000

23

58%

*61

3%

1

Tarrant

18 100

13 %
lo

14%

26

50

26%

13
la

23

63

52
"3%

50

series

*56%
:%

52

2

A

ser

1953

Corp

Dept

59

26%

13%
15

16

19%'

20% May 28

12

Apr

31% Jun

Dec

15%

19%

Fidelity Phoenix Fire Ins N Y

Ferro

22% Feb 11

88

15%

19%

v

93

10

15%

common:-

preferred

&

15%

19%

13
88 y< May 13

Jan

7% Mar

13% Mar 17

30

4'%%
Felt

14% Jan

21

7% Dec

Federated

30

1

5

pfd

pfd

conv

25%

_1

common

Corp

Fawick

Mar 10

63

26

Corp.-—!
Corp

cum

conv

Federal-Mogul

49% Feb

8

15

May

5%

105

18% July 30
75 y* Jan
6

13% Jun

41

5

26% Apr

29% Jan

53% Sep

*14%

May 24

10% Apr

7

101 % Jun

13%

14%

Fcdders-Quigan

104% Mar 26

Oct

19

13%

14%

43

4

2

15

Mar

12%

15

26

Jan

Jan

13

25%

12%

*14%

20

—

Metalluigieal

5%%

31

22

25%

12%

14%

Co..

preferred series B

5%

Sep

Oct

25%

12%

14%

Brewing

Fansteel

3% Dee

48
40

25%

12%

&

Co

Finance

16% Apr
64% Apr

8

25%

Sugar

Family

57% May 21
26
Jan 27

No par

Engine & Airplane Corp .l

Fairchild

Morse

'78%

80

210

G
4% Sep

3

5

May

5

6% Jan

22

Gabriel

28

19

Jan,

4

23% Apr

15

Gair

4

7% Apr

1

0

39% Ap*

1

Jan

13

34% Apr

30

22% Jan

4

7% Mar

15

15% Sep

15

20% Jan

6% Sep

15

6% Jan

33% Dec

30

8% Apr 13
38% May 19

34% Jan

20% Jun

10

27% Jan

23

28% Jan 27

21% Sep 21
22% Sep 15
3% Sep
25% Sep

2

24% Jan

33% Jan 20

37% Mar 12

25

29% Mar 24

25 y* Jan

20

27% Jan

20% Jan

22

5

15

70
May 6
29% Sep 16
16% Jun 10

117

Dec

28

General

American

$4.50

Mar 25

May 28

General

Amer

11

Jan

6

General

Baking Co

148% Feb

4

138

Mar 24

May 26

$8

4

24% May 20

General

10% Jan

4

13% May 21

General

Feb

2

76

Jan

4%.

1st

4%

conv

Apr 29
36% May 24

17% May

4

20% Jan

15

General

Feb

26

7%

19% Jan

2

2

122

Jan

15

11% Dec

7

11

Jan

8

128

•

0

12% May 21

July 28

35% Jun

16

66% Apr

6

G%

53% May 19

46 y* Mar 24

oo

«ian

4

48% Mar 24

39

Jan

4

02% Dec

87

Jan

4

124% Apr
41% Apr

30

3

55 %

11% Feb

26

9% Jan

5

10% J-vi

19

61% Dec

16

56% Feb

4

67% May 28

General

88% Jun

18

04% Jan

2

Jan

8

9% Dec

9% May

11% Feb

5

8

124% Jan

2

Jan

4

11

119

Jan

14

123 V4 Feb

26

69% Feb

4

58% Jan

4

118% Jan

4

100% M<*r 30

123% Jan

5

91
Sep 15
21% Sep 15
42% Aug 31
21% Sep 15

99% Jan

14

Jan

4

25% Feb

5

22% Jan
48 y4 Jan

27% Mar 23

25

55% Dec

8

69% Dec

3% Dec

10

4y* Jan

95

3

5%

May 25

72% May

11

54% Mar 30

124% Mar
134

preferred
convertible

$5

Motors

57 y* Jan

4

80

5

3% Jan

4

4

93

May 11

100

Oct

21

14

100

Jan

32%

19
3

13/64 May 28
104/2 Apr

Public

Rights

8

18

26

General

5%

*27

28%

28/4

1

General

Realty

Feb

26

General

X28

28

28%

29

25 %

25%

25%

25%

25%

25%

26%

26

26/4./

12

61

99

8ep~22

31% Feb

47

139/a

4V\rk

Mar 18

0% Oct

28

32 y* Jan

2

96% Jun

23

12% Sep

15

18 y« Jan

15

49% Dec

14

106

Dec

10 y* Jan

4

Jan

11

105% Jan

4

46

16

16% Mar 25

13% Jan
Jan

$5

12

12 %

11%

3

X49

8

4
4

i

May 25

6% Dec

15

8% Jan

2o

8% Feb

26

1

Miy 24

Goebel

30

139% Dec

31

137% Apr

26

60% Sep

21

80% Jan

7

77

Jan

Jan

27

Jan

7

Apr

4

Goodrich

43% Sep

15

Mar 19

69

52% Jan

12

102% Jun

2

108% Peb

4

105% Jan

29

9% Jan

20

4% Apr

66% May

5

4% Dec

21

491

Dec

29

24% Sep

1

Dec

22

100

Co

Common

4

Feb

9

5% Feb

16

$5

1

Gould-National

35% May 17

Grace

6% Jun

19

-9% Feb

1 % Jan

25

1% Feb

4

Jan

12

31% Apr

28

7

26% Jan

18

34% Dec

30

14% Sep

15

20% Jan

5

85% Oct

15

98% Jan

28

86% Jan

29% July 16

34% Dec

31

33

9

86% May 22
7

Dec

22

28% Ddc

30

14% Jan

5

82

Nov

30

45

Dec

29

97% Feb

4

16% Jan

15% Mar

7

17% Oct

1

>T;29%'Dec
19Vs Sep

22

18

Grand

8

37% Mar

94% Jan

100

7% Mar

Mar

8% Jan

5%cum

2

Grant

4

39% Mar 17

29

Jan

31 %

17

Tun

3%%>

21% May 28

56

Nov

27

58%

54

9

Mar 26

19% Mar 27
141

78'

Mar

Dec

May 25

2

10%

10%

10%

10 %

67%

68

121%

23% Mar 25

20

78

% Jan

!

33% Feb
22% Apr

19

122

122

140

♦134

123%

123%

: <123

99/4

99%

*99

123%

123%

99%

*99%

99%

26%

26%

122%

1,000

99

400

99%

2'-' %

*26

26%

25%

26

25%

700

57%

58%

58

58

58

58%

59

59%

2,100

1

38%

40%

39%

39%

39%

39%

39%

39%

39%

39%

19,000

78%

78%

79%

79 %

78%

79%

*78

3%

.

3%

3%

31%

31%

31

!)

A

No par

27%

-100

*103%

31 %

31%

-fix

28

*103%

105%

10
10

11/64

13/64

379,400

28%

28%

28%

28%

28%

28%

2,100

105%

*103%

105 '/a

♦103'%

105%

*103%

105%

%

11/64

12%

12%

12%

12%

12%

12%

12%

12%

21%

21 Vb

21%

21%

22%

22/a

22 %

48%

48

48

48

3,800

12%

21 %

48

;

47%

48

99%

99%

99%

99%

99%

99%

99%

99%

99%

99%

36

36%

35%

36%

35%

36

35%

36%

35%

36

30%

31

*30%

30%

30%

30/2

'30%

30%

*30%

*100

32%

*100

102

32 %

78

84%

*85%
*76%

78

58%

59%

118%

'

15%

16 %

*83%

85%

11%

11%

58%

59%

118

119

15%

15%

•83%

85%

12%

12%

12%

12%

12%

35%

35%

35%

x3t%

7%

7%

7%

7%

*144

11%

146

*144

146

*

144

102

\

11%

32%

50

85%

76%

76%

20

11%'

11

11%

9,200

58%

7,500

58%

59

58%

♦117%

119%

*116%

15%

15%

15%

*83%

7,100

'85%

59

85

102

78

118

15%

300

30%

32%

85%

*76%

11%

♦100

33

85%

85%

78

11%

11%

1

32%

33

32%

*76%

35

7%

*100

102

32%

84 %

*76%

120

>100

84%

33

*84

11%

102

380

21,100

*83%

85

400

118

9,800

15%
85

12%

12%

12%

12%

33%

34%

33%

33%

7%

7%

7%

1,400

12%

35

7%

♦144

147

*144

147

6,500

11,600

7%'.
147

7 400

11%

11%

11%

11%

11%

11%

11%

11%

11%

b9

00 00

89%

88%

89%

89

89 %

5,300

63%

64

63%

63%

63

63%

7.000

107%

107%

88

89%

87%
63%

63%

64%

107%

107%

107%

—No par

4%

4

5

Inc.——.4

107%

107%

107%

5/a

5%

5%

4%

107%
43/4

5

57%

59%

29%

107%

500

4%

3,100
1,300

58

60%

60%

60

60

59%

59%

59

30 %

*29

34%

35%

34%

35

x34 %

34%

34%

34%

34%

No par

1 %

1%

1%

1%

1%

1%

1%

1%

1%

11.000

No par

1%

7%

7%

7%

7%

8%

8%

9

21,000

35%

35%

—5

7%

7%

7%

10

35

35

35

common—112.50

16

16%

16%

(The)—

36%

—100
1

com

No par

Prop._No paxPaper Co
25

Ry "when issued"

—No par

97

8%
'30

„

<97

917a

common

preferred

*29

_

,

35%
*90

97

8 %

8%

*30

30%

35%

34%

35%

16%

16%

16%

98

35%
92

35%
*90

8%

8%

30%

30%
19%

98

0

36%

16%
36%
♦91

92
8%

8%

11,400

36%

5.100

20.800

17

15%

15%

98

92

92

200

37 %

x36 %
*96

2.500

37 %

92

98

8

8%

'30

120

3,800

8%
30 3

40

30%

31

19%

19%

20%

20%

21%

12.000

67

66

66%

65 %

65%

1.600

30%.,

4

19%

19%

19%

67

67%

67

67

28%

23

28 /a

28%

28%

28%

28%

5 590

28 /a

56%

55%

56%

56

56 7

«

56%

57%

56%

57%

14.800

56

19%

19%

19%

19%

19 %

19%

2,800

19%

1

19%

19%

19%
140%

141

141

76%

'74

79

,(H L) Co Inc——.-—1
Greenfield Tap & Die Corp— No par

29%

30%

22/4

22 %

& Western RR__—.

'96

35%
♦96

29 3 i

343„

19%

29%

30

22%

22%

XG7

*140%
*74

29%
*22%

141

140

79

♦74

28 %

28%

140/2

-

141

2P0

141

*74

79

J

79'

30

29%

30

22%

22%

22%

29%
22%

.

footnotes




see

page

10

GL400

30

22%

,1,300

.)<•

For

5,500

2,600

47%

48

♦83%

100

18.600

21%

15%

:

10,000

4

31%

47%

'

600

77%

31%

12%

2.50

.No par

3%

4

31%

31%

11/64

77%

79

3%

4

31%

28%

11/64

28

3%

4

*25%

21%

No par

preferred
Bay

122%

58

35 %

Western

44,200

57%

*90/a

Northern

100

71%

1

——5

preferred

100

123

99%

123%

*26

1,900

138

123%

123%

4,900

"!; 71 Za

72

70%

'99

200

10%
68

*121%

140

71%

72

2,000

6,400

*132

122

*134

*67

70%

76%

Green
'

122

134

o9%

140%

Green

1-

123

134

...100
100

7%

4

Mar 22

123

•/

70%

70

Sugar com_—Nopar

Great

20% Feb 26
145% Mar

121%
134

*132

pax-

Northern Iron Ore

G'/r

10%

68

10%
67%
96

*29%

Co

Great

*95%

10%

67%

preferred
conv

65%

67 %

preferred— —100

T)

10 %

10%

10%

—

Co

Great Northern

58% May 11

Apr

28% May

$2.25
Gt

66,600

67

_1

Co

Steel

68% May 17

131% Jan
73

Mar 23

39%

10%

5

Batteries

&

28% May 21

4

17% Jan

2

31

40 y8 Jan

Jan

45% Jan

(W

38%

66%

—

1

Gravson-Robinson Stores

5

19% Nov

City

39%

39%

39%

9%

2.50

—

Issued"

Union

Granite

May 27

92% May 14

Apr

26

^128% July 17
ft*' '64%
Apr 15

17

600

31,100

66%

Graliam-Paige Motors
Granby Consol M S & P

May 28

37% Apr

4

18

53%
117%

67

10

64% Apr 27

2% Mar 25

53/a
116%

95%

5

32,800

53%
118%

10

xlO

51 %

53%
117%

95%

com_'_

—-

50%

51 %

53%

95%

96

.—No pax-

50 V» Mar 17

Ri

50%

50

118%

95%

__

<57% Jan

(W

3.9%

40

Rubber—

Hosiery

"When

118

96

F)_

<te

33% Mar

«

*52%

1

com

Inc..

(B

61% July 21
4

39%

40%

hu

50 %

52%
119%

*95%

Corp.—

preferred

Gotham

*52

117%

*95%

Telegraph Co....

Goodyear Tire

3,700

66

Brewing Co.__

Gold & Stock

11%

10%

Co

preferred

Goodall-Sanford

19

49%

%

-No par

Gleaner Harvester Corp
Glidden Co (The)-—

1

11%

66%

—No par

10% Jan

3

430

11%

11%

11%

65%

.100

common

28% Jan

9% May

52

120%

11%

12

10%

58%

9

5

127%

65

*118%

2

Mar

127%

10%

1

38% Mar 20

19

128%

64%

common-

82% Oct

14

1,700

10%

preference.-—No par

Co

21% Jan

Sep

700

19%

19%

64%

100

14

11

36%

19%

10%

100

Rubber

Brothers

76%

*35 '/a

19%

No par

Corp common
&

*76

36

*126

-

(The)

$4.50

128'%

190

76%

63%

—10

27% Oct

Feb 15

*126

2,100
16,400

36

.1

common.

79% Apr 13
10% Sep 23

130% Jun

May 18

50%

52%

119%

&, Utilities—1—10c

convertible

Gimbel

May 21

19%

19%

138

138

138

No par

preferred

Gillette

May 17

May 21

4

80

:

♦76

36%

m

19%

preferred __100
Georgia-Pacific Plywood Co—
.1

29

76

36%

127%

3%%

:Jan

76

19%

-No par f

preferred

General Tire

13

127%

19

Mar 22

24%

12%

19%

12

Apr

24/4

13%

190

138%

24%

13

126/a

Apr

16

*136%

24%

126

28

72% Feb

2,400

13%

'19%

Jan

29% Jan ^4

7,200

10

24%

par

99

1

20

48

12%

36%

~2

75% Jan

Dec

V

106%"

9%

24 %

138

76

18

May 11

76

4,800

47%

9%

13 /a

*35%

Time

34% Mar 11

July 29

*105%

47% '

9%

24/a

139%

*75

General

85

69

10

13

%

500

3,300

23%

139

36%

Shoe

%%

47%

76

General

4.

105%

105%

47%

9%

35%

lay 21

22% Sep 15
74% Dec 16

Sep

106%

47%

9%

75/2

7Apr 21

100

*105%

47%

9%

13%

Steel

8

Sep

106%

46%

140

20,100

'

*105%

24

7

6

4%

25%

97/a

24

11

87% Jan

4%

106%

13 %

5

25% Jan

06% Mar 16

4

4%

47%

*105%

100

Corp.—
1
Castings $6 pfd___No paxTelephone Corp new—20

33 y8 May

25%

1

2.50

Refractories

30

8,200 f,

28%

28%

—

Feb

86% Dec

800

1,000

Za

4%

28%

28%

,

4

Gen

4

4/a

28%

29

Utilities Corp——f_5

28

General

4

4%

28%

*28%

37/a

50

preferred

By 26
fr 20

'32

31%

*27%

-

20 Yb Apr

12

31%

No par

Railway Signal

12% Jan
Jan

31%

10

Eqp

3

41

1,800
!

29%

^

Cement

16

23

2,500
i

■

27

Advertising No

Dec

Apr

5,800

-

29

preferred—100

25% Feb

2

23
7 Vb

7

27

1

General

General

29% Feb

22%

__50

—

40% Nov

:

31%

coni_.

15

19

0

32%

.—No par

Sep

10% Jan

;

32

$2.90 convertible preferred .No par
Public Service
10e

May. 21

32% May

18

33%

30%

9%

series

21

25 y* Mar 26

26%

.No pax-

$3.75

Precision

28% Jan

*26%

—5

preferred

Preferred

General

9/64 May 13

26%

—

:

Corp

40% May 21

1.0

26%

Corp—

3%%

General

7

4

28

26%'

common—

Jan

37% Jan

26%

26

5%
23%

No pax-

Portland

29% Dec

26%

preferred

General

10

26%

Corp

59% May 28

18

26%

com—

conv)

Corp

8

Sep

33%

39%

Finance

Outdoor

25

33%

com_—

Co.

General

Apr

33%

100

cum

26

23% Jun

26% Apr

*33%

issued"

Foods

$3.50

125% Mar 30

119

($2

Mills

22

53% Sep 15
112% Jun
2

68

5

33%

103

Instrument

Jun

106

60 y* Jan

9

33%

5%
23

Corp—

General

113% Jun
V

Jan

33%

preferred

General

61

33%

___

1

14% Mar 19

17

34

•

May 27

31

*33%

preferred

Electric

General

23

Jun

36%

Dynamics Corp common

"When

15

52

*36%

-

Contract

General

~8% Sep"

Mar

36%

_No pax-

2nd

Preferred

May 19

101

36%

preferred

series

50% Jun

94

36%

Cigar Co Inc com—.No

General

30

37% May 17

31

*35%

common

Corp

preferred

General

10% Nov

35%

Transportation

Bronze

9

129% Apr

35%

Cable Corp com

30% Mar

71

8

35%

5%

1.66%

Inc

preferred

18% Jan

14

78

35%

_2

preferred *

22% Mar 17

35% Mar 25

7/b

5

Investors

48

Mar 25

7%

Corp

107

1

7%

preferred

Container

13

-

7/b

——

4% %. convertible

18

July

155

Guylord

Jan

142

6

Wood

11

Jan

14% Mar 18

9% Sep

Gar

10

9% May 11

40% Dec

19

23%

7/a

No par

(The)
Industries

38

15

Nov

17% Jan

Co

103

104% Feb

Sep

10

5%

23 V«

7%

50

(The)-.

6

24

31

5%

23%

7'/a

preferred

18

06% Jun

5%

23%

7%

Garrett Corp

26% May 28

4

Dec

5%

23/a

23

6

7,100

5%

^,1

common

common

*

21

Apr

inc

Gardner-Denver

28% Feb

7

Co

6%

il

(Robert)

convertible

31

22

May

(The)-.

Inc

Gainewell

May

4% Feb

12

14

21% Aug 31

5%

5
33% May 26

7

3% Apr

7% Mar 12

14

27

Co

Co

uaiuoifc-toiujginu

28

V

21

22

The Commercial and Financial

(2382)

NEW YORK STOCK RECORD
Range for

Previous

NEW

Range Since Jan. 1

LOW

STOCK

YORK

Monday

EXCHANGE

Highest

Lowest

Highest

Par

AND

Tuesday
May 25

May 24

...

Monday, May 31, 1954

6

STOCKS

Year 1953

Lowest

Chronicle

HIGH

SALE

PRICES

Sales for

Wednesday

Thursday

May 26

Friday

the Week

May 27

May 28

Shares

Greyhound Corp (Thet2

87% July 31

95% Jan

19% July 28

28 '% Jan

Common

4

7

223/b Jam 11

29% May 27

5

26% Mar 29

Jan

4

96'A May 14

29
8% Jan
9

31

4% Dec

14'/« Mar

11% May 21

4

14% Dec

12% Jan

90% Jan

7

4% Jan

4

5% Feb

'A '<

preferred

Guantanamo
Gulf

31% May 13

26% Dec

29

66% Sep

21

77

5

68'A Jan

4

75

May 12

$5

41 %

14

50% Mar 27

45% Jan

4

60'% May 20

Gulf

Oil

Gulf

States

Sep

19

*74 Va

75'%

*74'A

75'A

*74

58%

59%

59

59'A
No par

103'% Mar 25

$4.20

108% Feb

$4.40 dividend

*4%

5

*4%

-96

Jan

8

105

$4.44

5

35

preferred,:

dividend

_

96

96

28%

28%

4%

30'%

58,700

4%

"4%

5%

800

8,700

S0%

75'A

:'74

59%

58%

30%

30%

30%

74%

74%

100

59%

57%

58%

22,600

29 %

4,600

29'A

29'%
102J%

*102

104

100%

102

102

102

104'%

*103

104 %

103

103

103

*105'%

107

*105%

107

103%

*105'%

107

29%

29 %

29'%

29%

'105%

780

75%

102'%

29 VB

67,700

96%

*103'%

1

13

29%

100
100

preferred

dividend

60

12%

28%

5

30%

13

100

preferred-

2

96'A
29 Vb

5

,,,25
Co-

100% May 26

July

96'%
27'%

No par
,

Utilities

103

106'% Mar 26

95

27%
30%

8

105

95
27

29%

Common

10

96

30%

16
16

May 5
Jan 15

12%

27%

4%

preferred
Corp

13

96

30»%

__

103% Jan

28% Dec

12%

,1

,

105% Jan

July
Jun

12%

RR com ..No par

1

22

90
92

97

29

26% Jan

Sugar

12%

12'%

27 Vb

1

24

Jun

20

29% Apr

Corp

Mobile & Ohio

38% Jan

12

100

Aircraft

Grumman

2

__3

_

29%

29%
*102

103%

107

*105 %

103%

140

103%

120

107

H
36% Mar

Jan

41 % May 24

15

30% Dec

30

29 Vb Feb

2

Jan

2

18% Dec

31

17 Vb Jan

13

16

15

Hallburton Oil Well

5

41%

41%

Halt

5

19%

20

No par

15%

100

2.50

May 10

20 Vb Apr

30

2

12% Mar

Jan 23

14

11% Aug 27

Hackensack

43

27

32% Sep
23% Sep

61% Dec

30

71

Jan

30

63% Jan

5

70

12% Sep
100
Jun

15

16% Jan

5

12% Jan

4

8

105% Feb

10

4'r

18% May 18

15

31

Feb

July 9
22% Dec 29

145

Feb

24% Jan

2

22% Sep
131

4"% Sep

14

31% Dec 24
11%. Jan

2

5

Sep
Dec

23

21% Dec

7

131

140

15

Jan

25% Jan

36

32

35

Jan

8

14% Mar 20

29% Jan

89

Mar

85

15

87

Nov

5

Jun

22

34% Jan

22

31% Apr

19

91

Apr 20

97

Jan

21

94% Jan

22

26% Feb

5

21% Jan

26

22% Feb

5

36% Apr

21 % Dec

29

38% Mar 13

2

20% Apr
74% Jan

10

15

68

Jun

17

126% Jan

9

37% Sep

15

44% Feb

3

48% Jun

4

53% Apr

14

Feb

35

13% Dec
60% Sep

34% Dec

113

14

35
.

125

Mar 16

39

Jan

14

52

May 26

26% Jan

91

Feb

2

15% Jan

20

Dec

10

16

22

30

Mar

9

4

19

7'A Apr

Sep

11

17% Mar 23

18

May 18

Dec

15

28% Jan

2

25% Jan

5

27

Apr 27

30

41% Mar 10

33% Jan

4

42'A May 25

Homestake

58

56 % Jan

5

78% May 26

Honolulu

47

Oct

55

Sep 22

90

Jun

16

103% Oct

7

12

5

Dec

31

64% Jan

57

2

Jan

•

4

4

75

5%

95% Jan

12

103

22

121

May. 17

13'A Jan

4

.

16% Apr 26
35% May 25

Sep

15

17

Dec

29

36% Jan

30

33

Jan

7

42
July 20
80% Jun
9

57% Feb

24

48% Jan

18

54

3

84 % Jan

6

96

Apr

91

July 17

99% Jan

5

96

Jun

19

103% Jan

13

22

Jun

22

29% Dec

54

Sep 15

14

Dec

79

94% Jan

4

Feb

24

28 Vb Jan

1

102

May

8

29

17% Jan

7

15'A Jan

21'A Jan

6

11% Jan

14% Mar 11

Oct

16

36% Oct

7

12% Dec

29

2% Sep
18% Sep

8

8

13% Jan
2% Jan

11

20 % Jan

4

24

Jan

5

5'%

24%

24'A

90

33%

97

33 VA

*95
22%

*96

96'%

'22%

22%

37

*36

5%

-

18%

23%

23%

89

*87

2nd

33%

*87

*96

*36

*96

22%

22%

37

*36

37

33%

96%

22%

22%'

-33%

*36%

14%

14'%

15'%

15% *15%

84 V,

86

86%

*124

125

124'%

*39%

40

*52

(conv)—No par
i.

52 7

124%

124'%

40

24'%

89

96%

*96

96%

16

88%

125%

*124'%

39%

39%

39%

52%

52

52

30'%

30 Vb

30%

x30 %

17'%

16%

16%

75'%

71%

72

*71

*86

87

87

87

16%

H7 *

20 Va

20%

20%

20%

9%

13%

9%

*9'/2

13'%

13%

6

10

17%

30

*26%
41%

42

_,No par

ser

5

com

17%

71

M

%

13%

6

20%

O ',!!

30%

5
18

*26%

27%

*26%

^41%

41 %

42%

41%

42

72'%

76%

76%

78%

77

78

75

76'A

18

18

71

70%

701A

*70%

3

19

17%

71%

100'%

*100'%

101'%

*100%

101%

100%

101%

121

121

*120'%

121'%

*120%

121%

120

120

15'%

15%

15'A

15%

70'%

70i A

*35 Va
53 %

35%
53%

*53%

90

90

*90

*70%

92

Hupp

200

•

15%
35'A

7.100
400

15'%

xl4%

35'%

*34%

53%
*90

140

119

100

14%

4,500

35%

800

53%

1,500

92

101

101

*101

102'%

*101

102%

*101

102%

*101

*103

105

*103'%

105

*103%

105

*103%

105

*103'%

105

34%

35

60

102%

100

Light & Power
No par
& Texas (Deli_l_
25

34%

34%

82

82'%

34%

34%

81'A

83

82%

17%

17 Va

18

*17%

18%

13%

14%

Xl3%

Common__100

preferred—

3%

100

8'%

3'%

3

3'%

8

8

8'%

34

34%

84%

83 Va

83%

18%

18

18

35,700

14'%

14

147's

30,600

3%

8,800

*18

14%

13%

3

3

8

8

3

3

6,200
4.490

8

8%

46%

47'A

46%

47'%

47%

47%

47%

48

471%

48 V8

5.000

17

17 Va

17

17

17%

17%

17%

17'%

17%

13%

2,200

3

2%

23

22%

9

1,500

'

Min & Sm Ltd--No par

i'___6.66%

Corp

3'A

*8

14

34%

83'%

84%

*17'A

1

14%

30

34

1

Corp

Co,,

Inc.-

1,700
11,200

,71%.

1—100

preferred

Hussman

18

27%

*99'% 9001/4
*118

54

91'%

Manhattan

200

'

53%

Foods

6

42%

35%

Hunt

2,700

5%

27

53'%

&

100

13%

*

17%

91

noncum

9%

13%
•

*26%

35

r 5%

130

3,700

X41%

53'A

Hudson Bay

14

20

87
21

17%

92'%

Hudson

5

Apr 22

1,100

42'A

34 %

Stores

500

11.100

26%

34%

Howe Sound

1.400

73 %

26'%

92%

Howard

70

40

52%

*9%

6

53'A

preferred

4,900
3,300

30%

20%

9%

15%

common

17
89

125%

16%

*86

13%

100%

B_i_No par

37

16%
*71

20%

13%
*5%

• u

900

*29%

16%

73%
87 '""

*9%
13%

40

*52'%

700

22%

*17'%
■-

72 %

72

—Nb par

,,.

pfd

*5%

27

12.50

common

4

9%

13%-

6

*36%

15%

52

87:%

1

22%

37

39%

20%

5

5

22%

88'%

*124%

300

33%

15

124 V2

'

87

1,100

*87

40

*73

24%

*23%

*33%

52%

16%
'

7,100

33%

30'%

30

18%

89

*52'A

b

3,500

18%

5%
19

15 Vb

4.40%

May 25

5%

12%
5%

88

"

87

20%

5

*

Oil

23'A Feb

23%

24'%

*87

*33

18% \ 19

3

4'/

18'A May 28

.

*23%

89

•-

-

33'A

*87

.—

6

3% Feb

5'%
19

85

Sons

preferred
div

Houston

48% Apr
.

5%
18%

-•

"

Electrochemical Co

Houston

4'A Jan

14

5% Mar 19

5%

5'%
19

14'A

Co

$4.20

14

9

4

19% Jan

12%

84

I,

Corp

18

Mar 25

38% Jan

14

15

7

2

Oil

17% May 20

,

2% Mar 25

Mar 11

59% Feb

12%

25

Mining

84 'A May 26

4

7

35% Apr

6

9% Sep 14
3% Nov 18

12%

.

May 21

11

64% Jart

4,300

12%

$2.25 conv preferred
50
Household Finance common__No par
3%% preferred
100

12

105-

17

May

101

1,100

6%
35%

common,..No par
A
50

Houdaille-Hershey

May 14

93% Feb

32

Mar 25

24%

series

&

6.900

6'%

100

pfd

$4.25

Mar 31

108% Jan

Feb

23%

10

32

138

*34%

10

preferred

conv

Hooker

May 14

4

116% Mar 19

102

31%
*135

*23%

No par

—

Holly Sugar Corp

14

Jan

32%
138

6'%

No par

Corp

(A)

25

r

23%

104

35%

5%

.

;

Furnace

Hollander

32% Dec

14

*135

23%

*103

5%

18%

(Charles E>_

Holland

1

138

23%

104

*34%

100

common

2nd

cum

Hotels

Hires Co

18

14% Mar 19

»■

32

5%

17'%

10% Jan

May 13
Jan

5

6

*135

24%

♦103

31%

35%

75'%

$4%

138
•

104

5%

16%

Hilton

31%

*12%

29%

15

*103

31'A

*34%

*73%

May 28

10,300

5%

-5

21

30

18'A

12%

Heyden Chemical Corp common,_,1
3 Va %
preferred series A_,___..100

89% Apr

69%

18

35'%

Hewitt-Robins Inc

1

*63

18%

5%

21
8

69'%

18

12%

25

—

preferred

600

*68

18%

*34%

15

preferred
Hershey Chocolate

15%

68 '%

18

5%

18% Apr

5

10% Jan

9

7% Jan

% Jan

18% Mar

12% Mar 11

31

81

Motors

4,700

35'%

13

Apr

15%

1.300

3,000

12%

16

i78

4

15%

41%
41%
19%

5%

54% Feb

11

Jan

*135

32'A Aor

11

14% Jan

15%

41

19%

12%

5

5%

'A '/<>

15%

%

*34%

__2

preferred

2

68

4% Dec

non-cunt

Hercules

Hercules Powder

4

*40%

19%

68%

103

30%
24

41

19%

69

103

24%

41%

41

18

17%

31%

*40%

19%

1

common

May 28

7

8% Sep

Wj

May 28

43% Mar 31

x69

18'%

.

41 %

1

100

preferred

(G

7%

9

69 'A

17%

138

common ,1

121% Feb

Mar 27

10% Dec

Helme

10

*15%

41%

-

Co

17

2

6

3.65%

15%

24

common

Jj

89

18% Feb

29

Mar 11

xl5%

~

■"

50

preferred

(H

6

73% Jan

14

98

15%

*135

common

Hayes Mfg Corp—
Co

19%

10

preferred
Industries Inc

3%%

40%

-

103'A

Marx

Corp of America

Hecht

*40%

19%

100

preferred

Heinz

41'%
41%

19'%

*103
30%

Hazel-Atlas Glass Co

14

41'%
41

69'A

Refrac

Jan

11

12'/a Sep
62

Jan

41%

41

$4.25 pfd__No par
com
15

Co

13% Mar 12

6

Aug 19
72% Sep 14

23% Sep

7

.May-21

78% Jun
31

—

Co

Schaffner <fc

Hayes

24% May 24

22'A Feb

2

Jan

com

4%%

22

20% Mar 12

18 Vb Jan

9

Mar

6

5'A Feb

8% Mar 12
21

Hat

Apr 23

13 Va Jan

(M A)

6%
Hart

6'A Mar 22

Jan

11% Feb

Paper

Harbison-Walk

29

Co

preferred

conv

Hanna

9

May 13

22% Apr 23
5 Vb Jan 19

Watch

Hammermill

32% May 27

4

26% Aug 13
7% May 20

14

17

105% Mar

102% May 11

2

May 12

25

Cementing
Printing Co

(W F)-

Hamilton

16 Vb May 12

Water

1

2%

Refrigerator Co—No par

3'%

2%
*22'%

3

23

23

20

48%

48%

48'A

48%

*48%

93%

93%

93'A

94'%

x92 %

94

22%

3

22%

49

common-100

2%

23

3
2 2'A

3

12.000

22 %

1,000

*

I
40% May 25
65% Sep 11

48% Mar 25

44

Jan

88% Jan

74% Jan

51% Apr 29

11

30

*

46% May 27

Idaho

98% May 13
46% May 27

4

Illinois

Power

Co,:

Central RR

Common

"when

Co

issued"

*46%

101% Sep

18

113% Jan

28

35 Vb Jun

16

42% Dec

4

5

50

Jan

5

48% May 21

51

Mar

5

4.08%

cum

preferred

50

*48%

2

52

Jan

7

50

53

Mar

5

4.26%

cum

preferred—

50

51%

cum

preferred

50

cum

preferred

50

44

46

May
Sep

49% Jun

18

48% May 19
7% Jan 27
3% Dec
38 %
84

30

Sep 23
Sep
1

151

40

54% Mar 11
52

56% Jan
Jan

Apr

46 % May

15

noncum

conv

conv

pfd

4.70%

pfd

ser

A,__100

—

11

11%

23

23 %

23% May 17

Indianapolis Pwr & Lt new,,No pal'

22%

23'A

22%

23

22%

23 Va

*3 Vb

3%

3%

3%

3'A

3%

3%

3%

44'%

45'%

X43%

44VB

43%

44%

7

39

28

97

•

Industria Electrica

4% Mar 15

Jan

21

Jan

4

123

160% May 27

170

Jan

45% A nr.

i

Mex

Industrial. Rayon

May 25

.

De

8

Ingersoll-Rand

S

A__^_
11

__i_

Aug 13

92% Jan

89% Jan

6

14

19 % Mar 11

271
Jan

5

166% Jan

7

25

90

Jan

4 Va %

1

Interlake

4

4

Int'l

Business

Int'l

Harvester

7%

121%

160%

163 Va

57%

59

58%

59'%

22.500

55%

57%

26%

27

27

27%

5,800

27

27%

27 V8

*18'%

137

9% Jan

4

Jan

4

13'A Apr
9
71% May 10
106%. May 19

»'

13
4'A May 27

7

44% Jan

7

38

11

30

Jan

;

Jan

International

Packers

International

Paper

$4
Int''

37% Jan

4

46% May 19

19

31% Jan

29

35% Mar 12

6

13% Jan

4

19

7%

12%

11%

12'%

11%

68 VA

69

68

105%

*105 %

57

40'%

46

46 %

common,!,

25

par

28% Mar 11

Interstate

Dept Stores

12% May 26

Interstate

Power

33 Vb Jan

Ir.tertype Corp
No
Iowa-Illinois Gas & Elec Co,No

22
10

130

Feb

5

32

24% Jan

4

14

May 12

113

11

26

28 Vb Apr

May 18

May 21
19

18 Va Jan
120

Jan

Iowa

Power

20

Island

25

$6

Utilities

&

Creek

Corp

pfd

Coal

J®

?

6»A Dee 16

r
k%b? a" I?
i
50% Feb
9

25
May 12
25% Mar 9
«eb 26
V 6
H:,,
16
ian 2
66

«o

10

li

oiv cȣ
/4 faep

14

ir71/
00

Tig 3£
a

DQS/

00

T

wu

1*

4% Feb 19
19

20'%
86%
35%
100'%
61%

t

A Dec

8

?»ec ,2

ci»e




nage

6

21
8
22
21
31

22.% May
29% May
95'A Apr
43'% Jan
103
Apr
71% Jan

18

25
1
21
14
27

1

7

66% May 20

Johnson

25'AMay28
90'% Feb
8

Jon^s & Laughlin Steel

32

28

4

May 25

36'A Apr

13

&

43V2

56

54%
40 V4

46 VB

46%,

46

46

105%

110

5.300

11.500

5%

105%

600

4'A

40%

55%
*40

105%

137

5

4%

5'%

5.500

40'%

56 '/a

40'A

*105'A

44

5

136%

43

*41%

42%

810

55%

*55%

55%

2,200

40%

40%

40'%

1.300

55

*40'A
46'A

46 %

*35%

36%

35%

35%

100

19

18'A

18'%

195,100

31'A

31'%

31%

31%

2,600

*35%

36%

*35V2

18%

18'A

18%

18%

19

18'A

31'A

31%

31%

31%

31%

33'%

32 3 4

32%

36%

*46

46'%

700

33%

33%

*33'A

33%

33%

33 3 b

28

28

27%

27'%

27%

27 %

27%

27%

27%

28

1.800

12%

12'A

12%

12%

12%

12'A

12%

12%

12%

4.300

400

30%

30%

30'b

30'A

x30%

30%

30%

30'A

30%

30 %

31%

31'%

31%

*31

31 %

31'%

31%

31

31%

4.700

26'%

X26'b

26'%

26 Vb

25%

26'%

25%

26

5.400

15%

4.200

50c

15

14%

„

——,1

115

7

Va

115

15
*113 "2

15 V b
115

r

V

26%
15

*113%

■

15

14%

15

15

115

*113%

115

115

v'T

"

6%

6%

6%

6%

6'%

22%

22%

22%

22%.'

22%

22%

28

29%

28%

29%

28%'

29%

91%

91 %

91'%

91%

91%

91%

40%
*100%

69%

40%
102

70'%

6%

com

900

115

40%

40%

40%

*101%

102'%

*101%

70%

x68%

41

6%

*22

6%

6%
22

22

28%
.

5,200

7

22%
28%

27%

28%

91%

91%

90%

90%

40%

*101='«

102

40%

41

102%

\

400

15,500
170

41

*101%

102

68%

68%

66'%

66

66%

66%

66'%

66%

23%

24

23%

24

2"%

24%

24%

25'%

66%
24%

66%

10
100

89%

89%

89%

90

89'%

89%

8~%

90

90

90

__1

33

33%

32'%

32

32'A

32%

32%

32%

32%

4,500

68%

66'A

69%
66%

63

12%

Johnson

5% preferred series A
Joy Manufacturing Co

44'%

137

26 %

Jersey Cent Pwr & Lt 4% pfd__100
Jewel Tea Co Inc common
_1
3%U preferred
100
Johns Manville Corp,
No par

4

105%

5%

43'%

7,600
20,600

31 %

Co
1
Jaeger Machine Co—„
—No par
Jefferson Lake Sulphur Co'_—1

59% May

137

2%
42%

par

Jacobs (F It
.

136%

2%
41%

10

common,,

19% Jan
85% Jan

r?n

An-,/
39 A Mar 17

For footnote

Jan
Jan
Jan
Apr
May
Mar

7% Apr 13

300

3 Va

41%

par

J
®eP

2%
41

136 %

136

12 'A

,1
3.50

Light Co

preferred —

3

41%

36%

*33

25

—

3

40%

31 'A

5

Co,

3'%

41%

18

25

5

29% Jan

*35%

3

5'%

42%

57

4

29

6

*5%
42%

40'%

Jan

34'A Jan

106

106

No par

May

4

12

68%

No par

L—

Telep & Teleg,No
conv

540

69%

*105'A

37,000

12

69

10% Jan

cum

*92

12

25

$1.40

92%

67%

30 Vb Mar 18

International

*92

12'A

11

109% Dec

91'%

91V2

68%

29

28% May 12

91 %

91'%

12

23 % Dec

26% Mar 16
30% Jan
6

92'%

92'A

67'%

31

15

6,200

135'%

29 Vb

16

1.900

34%

15

22

Jun

30%

34%

69'A

Limited

18

15 Vb Dec

30%

34%

common .,,7.50

33% Jan

22 Vb Jun

31'%

34%

32%

167%

135%
12%

31 % Dec

27

*30%

34%

32

167

135%

8

14

30 7 b

34%

32%

167'%

40%

10

10

200

30%
1

31%
167

3%

Jun

32% Feb

47

32%

167%

41%

28% Oct

1

*46%

31%

167%

3%

preferred

International

May 26

46%

32%

.100

International Silver

26

Jan

46%

3,000

166%

—100

Salt

35

292

7.600

166'%

41 Vb

Shoe

20'A Jan

Jan

286V2

100

15%
287

166'%

No par

International

21

41% May 21
31 % Mar 16

294 V2

32

15%
286 1

1

preferred

International

31

9% Sep 15
29% Jan 19

291

32%

15%
290

par

fcom~.No

preferred

30

13% Dec

Apr

294

32

19

166 Va

Rys of Cent Amer com,^No par

5%

40"% May 28

30% Dec
24

Mining Corp,—

Nickel of Canada
Preferred

4

Apr

preferred—

International

19

Jan

57 "A

11

3

4%

Chemical

Int'l

May 14

50

May 27

Jan

Feb

3% May 21

42% May 28

101% Jan

Jan

293 %

15%
286

19

100

*91%

4

40% Feb

new——No par

A

100

130% Jan

54

15%

23

132% Mar 11

55

96%

15 %

34%

15

24

!*95%

15%

27

30%

128% Sep
9% Sep

29

95'%

15'%

94

5

38 Vb Dec

95'%

15'%

15 %

34'%

5

40 Va

96

*95%

No par

30%

4

May 29

97

34%

1% Jan

10% Mar 17

97

30%

34% Jan

Jun

3.500

96

34%

5

55

30%

96

30%

2

10

30%

30%

com,,,5

8

16

30%

30%

Minerals

Jan

12% Mar 18

30%

30%

Hydro-Electric Sys class A.,25

2% Jan

59% Nov

19

30'A

Int'l

47% Jan

103% Nov

*18%

31'A

Int'l

7

Jan

2.000

18%

30%

6

28

77

19 %

I8V4

26'%
18'%

27'%

18'A

5

13

1% Oct

50

.1

32% Apr
35% Apr

34% Dec

165

120 %

*160%

56'%

common,—No par

&

2,100

*161

160%

121

163'%

*163%

—100

Mach

preferred

500

120

122

7,500

56

.

May 13

123

163'%

3,300

45

56%

common—-,

Iron

32% May 13
169% Mar
5

<

5

28% Jan

2

9

306

4

Jan

Apr

16% Feb

1

May 11

27% Jan
159

24,

39 % Jan

97

14% Apr 28

121'%

166

120

44%

20

1

Corp
preferred

122

45

38,900

3%

56

100

—

Interchemical

I i

V4

preferred

122

*3'%

52%

No par

Inspiration Cons Copper
Insuranshares Ctfs Inc—,

6%

26

44%

No par

common

27% May 21
19 Va May 28

36% Dec

*51

11%

23'%

4

64

52'%

11
23 VB

5

30

*51

11%

11

Dec

54%

521/2

25% Jan

6

f 53 'A

54%

15% Jan

41

54%

11%

21% Jan

45% Dec 29

*53%

*51

10

16

130

51%

*53%

24

15

51 %

12

15% Nov

18

*50

54%

26 Vb Nov

47% Jun

51%

52'%

15

93% Jun

*50

11'A

13% July 17

31

20

49

*50

*53'A

22% May 18
3% Apr 30

23

10,400

49%

*48%

50'%

50

*51

21'A Sep

Dec

58 V2

12%

Inland Steel Co__

76

49

*57 %

54'%

59 Vb May 28

26% Mar

46%

49

51J%

4

1

46

*48%

11%

Co,,

40% Jan

15

46%

45%

49

*48'%

51'%

*57%
45%

58%

58%

45%

45%

*54

RR

5

21% Sep
27% Sep

49

45

*50%

Terminal

25

33

44%

,5

4.42%

Dec

23

44%

Illinois

Jan

14~

5,900

12% May 21

29% Feb

24% Sep

117

2,500

93 %

54% Apr 15
54'A Feb 15

48

148% Jun

*115

48%
117

4

165

15

117

93

*115

11

27

7

13% Sep

*115

48%

94
117

8% Jan

15

86

117

48%

93
*115

*57%

common,—No par

15

Apr
35% Sep
18% Sep

*115

A "when issued"

ser

Illinois Power Co.

27

48%
Vb

4 7'A

51% Jan

13

6% Mar 16
101

8
12

May 25

53 % Apr

Oct 21

11 % Apr

Jan

6%

6%

107% Jan

116

69'%

x32

25%

11.300

%

1.400
84,700
490

10.700

(2383)

■V:
Range for

NEW YORK STOCK RECORD

Previous

STOCKS

I
Range Since Jan.

Year 1953

Lowest

Highest

Lowest

I

NEW

Highest

YORK

Continued—Page 1
LOW

STOCK

Monday

EXCHANGE

Par

AND

Tuesday
May 25

May 24

HIGH

SALE

PRICES

Wednesday

Sales f«r

Thursday
May 27

May 2«»

Friday

the Week

May '18

Shares

K
4

22 Vb nov

30

41 vb Nov

30% Mar 12

Feb

49

5

26 % Jan

11

23

4

3va Jan

18

4

46% Jan

35% Apr
54% Apr
35% Mar

4

3% May

2% Oct

15

8% Jan

2

26V8 Jun

16

33 % Dec

14

95% Jan

13

92

Apr

28

9

100

Jan

12

Jun 10

85

11

Sep
98% Jun

100% Mar

18

92

105 '/a Dec

16

32 Va Jan

104% Jan
lo2

Kaiser

107

5%

14

45'A Aug 10

32% Jun

16

37

17

Sep

10

July

27

13% Sep

1

Sep

15
14

37% Oct

6

Nov

16

39 % Jun

16

59 vb

21

101

28
Mar 17

Oct

Stove

15

4%

Common

'

May 13

4'%

non-cum

May 24

Kansas

15

Jan

20% Jun

18

82

Feb

25

60

Jan

8

4

4

19% May 18
84 % May 24
49% May 21

4

24% Feb

3

20% Jan

11

49% Dec

14

48

Jan

11

9

106

Jan

5

24'A Jan

13

3

41% Way 19

78

Dec

11

95

31

Mar 19

Apr

Hayes

29

30% Apr

30

34% Jan

23

48% Feb

18

Kress

24

51% Apr
46% Jan

8

Feb

5

Kroger

14% Dec

31

Dec

31

18% Sep

14

46

47

7
4

21% Nov 23

9% Jan

11% May 24

5

3% May 27

25% Aug 20
18 % Mar 18

21 % Jan

Mar 12

5% Feb

July 14

3

22

Jan

Feb

18

86

May 25

11% Jan

23

22%

24% Jan
95

27

10% Feb

27% Jan

4

34% May 28

13

12

Dec

29

Jan

20

6

15% May 18

22

1% Jan

7

% Jan

4

16

14% Jan

6

6% Jan

4

1% Apr 15
9% Apr 23

1% Dec
33% Dec
14

Jan

16

4% Jan

15
30
-

36

Nov

22

2

12

34

2

18% Mar 27

Mar 30

3

Feb

Jan

4

39% May 27

4

18% May 24

16% Jan

4

20

42% Feb

4

39% Jan

8

54% May 28

1

10% Apr

13

8% Jan

4

10

34% Jun

10

39% Dec

10

63

Dec

29

82

155

Jun

35% Sep

24

47% Mar

16

19% Feb

9

28% Sep
15% Sep

4

38% Apr

2

44% Apr

20% May

6

25

15

38% Mar

3

30% Jan

4

14

21% Feb

4

18% Jan

5

41% May 21
24% May 24

56

Mar

Jun

17

74

13

07

Jan

23

29% Nov 27

26

Jan

11

18

14% Mar 25

13% Jan

4

26

15

76

12

20% Apr
10% Sep

371

15

Mar 12

Apr

15% May 18

Mar 16

23% Feb

May

15

26% May 18

3

153% Feb

40% Jan

5

46

55

15

67% Jan

2

59% Jan

11

70

16

35% May 25

30 % Apr

27

May 21
36% May 27

96% Jan

22

9

45% Jan

22

7% Oct

23

12

Mar 20

45

Feb

95%

31%

32%

31%

32

31%

32%

7,200

49 %

49%

49%

49%

2,000

42%

43

42%

43

3,800

11%

,11%

11%

9,300

113/4

3%

11%

4

11%

11%

*3%

*3%

4

11%
4

11%

May 11

210

200

3%

22

22

1,100

143/4

*14%

14%

14%

14%

2,600

52

*50

52

22 VB

22%

14%

14%

14%

14%

14%
*50

52

440

5,000

22 Ve

22%

*50

;

96'

3%

22%

52

35%

22 Ve

,

22%

*50

82

35%

v

*3%

3%

*50

52

24%

24%

24

24%

24

25%

25

25%

25%

25%

3,100

5

61 Vb

62%

60%

61%

61%

62%

61

61%

61%

61%

4,000

common_3

Co

23%

23%

*23%

233/4

*23%

23%

23 3.8

23%

23 Vb

23 Vb

86

*86%

88

9

8 3/4

8%

33 Vb

34%

14%

14%

*88

86

9

10

8%

_25

32%

33%

14 %

15

__No par

,

90

8%
33 Vb

33 %

14%

14%

■

••

*86%

30

8%

14%

8%

33%

34%

14%

34

8%

34%

8%

700

88

*86%

88

14%

14% s;

6,900
12,500
3,700

'

ifi

10

1

•> 1 r>

10

1

id

1»

iO

it!

83'b

8%

*7%

8'a

8%

jj}

,

pl'd—x—No par

*2%

2%

2 Vb

2 vb

.___1

33 %

38%

38%

5

18 vb

18%

18 Vb

.x„_

iff

700

8%

600

n

13
*8

8 Vb i

8

8 Vb

*2 Vb

2%

2%

2'A

2 %

2 VB

700

39 Vb

38%

39 3/8

39 %

39%

39%

39%

11,100

18'a

Xl7%

17%

17%

17%

17%

17%

9,500

19 Vb

19%

19%

19%

19%

19'a

19%,

19%

19%

10,400

x51 %

52%

52 Vb

52%

52%

53%

53 %

54%

10,400

9%

9%

93/b

9%

9%

9%

9%

f 9%

9%

5

40'a

40'A

39%

40

*383/4

39'A

*38

39'A

39%

39'A

400

Liggett & Myers Tobacco com___25

64%

64%

63%

64%

63

63%

63

63%

23,500

158%

158%

713A

72%

7'h

,

Glass Co

preferred

;

100

:____

Lily

Tulip

Cup

Link

Belt

Co_L

Lionel
Lion

Oil

Co

3 %%

157

71

68%

70

68%

413/u

42

413A

413A

43

43%

42%

23%

23%

223/4

23

22

22%

22

22

No par

41

41%

40%

41%

41%

40%

41'a

40%

40%

No par
prel'erred___100

24

243/b

24

24%

24 Vb

24

24 Vb

23%

23%

com

X70%

x40

24%

75

75

33%

34%

33%

3334

33%

34%

15%

15%

15%

15%

15

15%

Corp

common

10

preferred—

100

Long Bell Lumber (Mdl A
No par
Long Island Lighting Co com__
10
preferred—

(P)

Co

__100
___10

common.

___'

preferred

__100

36%

*74%

37 Vb

363/4 .37%

37%
26%

26

114%

26%
*114

*74%

76

114

26%
114

76

37%

*74%

.>

Lowenstein

4%%

34%

51,000

15

15 Vb

14%

15 Vb

23,700

2 6'A

114%

114

25%

37%

7,400

26

25%

26

9,500

114

37%

25%

*113%

114

37 Vb

37%

24%

24%

24%

24%

24

VB

24%

24

24%

1,000

20%

20%

203/8

203/4

20%

20%

20'A

20%

20%

20%

26,900

*105

106

24%

*105

25 %

106

24%

145

145

145

106

*105

24%

145%

145%

145%

45%

45%

45%

1,600

69;

68%

68%

3,500

453/4

46

*45%

__..50

69%

70

69

69%

69

69

68'A

9% Jan

22

M

Inc eom__l

*99
43

36

102
1

43%

36%

36 Vb

36%

35%

*99

36%

36

—100

A

100%

100%

100%

*99%

43

15,800

24%

145%

45%

series

25

25%

144"A

45%

& Sons

106

*105

106

*105

24%
144'A

25%
145

453A

Lukens Steel Co

500

24%

24%

10

(M)

preferred

12

100

33%

45%

Nashville

&

3,100

34%

*1133/4

•

1,600

'

76

*74 Vb

76

1,200
14,100

33%

<Ky)_No par

Louisville Gas <fc El Co
Louisville

2,700

42%

23%

72

_1

series B

240

72%

41

23%

L

conv

7,600

156

156

40%

,

Star

7%

156%

No par
Cement Corp_________10

Loew's Inc

5%

158

*71%

Aircraft

Lorillard

157

5

convertible

4.75

160

64

—2.50

Liquid Carbonic Corp
Lockheed

*158

63 %

>

Corp..______No par

Corp (The)—

44% Apr

38% Mar 25

113{,
*

,

82

*95

52%

100% Mar 18

97% Nov

15

36 Vb

95%

25

J

14

May 25

82

35%

95

9%

15

42% Dec

92

82

30%

18%

4

10

30% Dec

82%

95

52%

17

36% Sep

82

35%

95'a

7

May 21

34% Jun

Sep

83

35%

____1

Libby

18% Mar 25

103

400

10

&

10

144

%

No par

McNeill

4

5

700

36

95

22%

Products—

22 % Jan

3

25%

*35%

35%

(The)

35% Mar 26
9

*25 V8

*82%

common

2nd

Lone

30% Aug

25%
36%

95 %

preferred—No par

Lone Star Gas Co

160% Dec

80

25%
*35%

"

1st

27

106% Jan

36

3,100

121

83

100

37% May 25

97
May 6
9
23% Dec
146% Dec 30

25%

36

1,300

61%

%

36

preferred

114

21'A May 11
106% Mar
2

25%

35%

23%

60
121

__l

4

Jan

25%

35%

*23

63

82%

___50

4

15% Jun

*25%

36%

__No par

& Sons

noncum

23%
127

*123

95 %

common.

11

14

..." 62%

35%

4

23 % Jan

26% Apr

23%

63

127

25%

25%
36%

pfd_75 Pesos Mex

28% Jan

21% Oct

23

62%

*125%

3,200

—10

(The)__

108% Jan

8

22%

63

126

61%
126

19%

No par

Co

Co

5

Apr

23%

47%

49%

15

:

17,700

X82

43%

Apr

26
110

14,700

48%

49%

Aug

34% Mar 19

16
15

82

47%

43

ibbey-Ovtans-Ford

21

Mar 23

81%

49

44 %

14

Sep

23% Jun

103% Jun

64

127

Lerner Stores Corp

164

27% Mar 27

19 Vb

83%

49%

29

Apr 22
79% Apr 29

19%

32%

67% Jan

19

23

23%

63

*125

Life Savers Corp.

155% Jan

19%

43%

26

6

6,000

49%

41 % Apr

171% Nov

5,700

13%

31%

36% Mar 22

5

300

20%

13 Vb

44 vb

Libby

16

41%

20%

13%

49%

25

62 % Feb

*40 %

20%

13%

32%

Jan

6

41

20%

13%

49%

Lehman Corp
Lehn & Fink

22% Mar 17

Aug

41

21

13%

43%

noncum

50c

7

4

41

20%

31%

(James)

$3

14

Feb

*40%

_____10

Lehigh Valley RR__
Lehigh Valley Coal

29

*23'A

No par

Lehigh Coal & Navigation Co
Lehigh Portland Cement

11

15% Jan

49

No par

Gas

3.85%

Dec

Feb

13%

101

49%

—No par

Bryant

Lees

33% Sep
8% Jan

64

21

13 %

Lee Rubber & Tire_—

May 10

4

Apr

20%

13%

4%% preferred
Lane-Wells Co

6

% Dec

1

40%

21

13%

95

49%

Co

&

27

6% Dec

14

Laclede

*94

X48%

(The)_

H)

Co

Lane

May 20

Mar 24

41%

20%

(cum)„__100

com

Kresge (S S) Co
(S

95

;_100

22

May

34

*40%

_8.75

preferred

Jan

63

7% May

4%

I

16

14% Jan

51% Jan

10

4,800

48%
40%

Co

$5 prior preferred
Koppers Co Inc common

Lambert

27 %

25% Jun

49 VB

48%

common—,±___l

La Consolidada 6'i>

19% Jan

23

48%

49%

__l

18

48% Jan

95

Corp

25

47 % Jan

29% Feb

70

V2

48%

•

preferred

Feb

9

Jan

102%

Co

Wheel

24

4

24% Mar 17

56

7% Oct

■

42

64

Sep 21

86

Dec

106

*101%

5

Light
&

King-Seeley Corp
Kinney (G R) Co

5

5% Feb

*105'A

102%

50

Copper

conv

35"% Jan

10

106

*101%

19%

8

2

*105 %

102

48%

13

9

106

102

*99%

84%

Apr

r

*105

103

19 3B

97

28

*99%

106

*102

47%

36% Apr

19% Jan

101

*105

103

83%

86

Jun

*99%

% 106

103

48%

4

8

101

*105

19%

5

4% Dec

95

84%

6

5

9,000

34%

*94

46%

29% Jan

31

35%

x34

95

18%

82% Jan

57% Feb

34%

35 %
101

83%

5

46% Dec

35

34%
*94
*100

48%

5

8

800

34%
*94

35%
95
101

19%

41% Jan

28

34%
*94

84%

93% Jan

37% Apr

2,400

3%

19%

14

47% Dec

54%

3%

47%

31

31% Dec

53 %

3%

83%

4%

29

May 20

53%

"3 %

1

28 % Sep

79% Jan

6,800

53 %

3%

No par

81% Dec

May 12

&

Kimberly-Clark

9

39

35

53 %

3%

*100

Kern

May 17

25% Mar

34%

53%

3%

County Land Co__i.___x__2.50
Keystone Steel & Wire CO—No par

Kennecott

23% May 17
64% May 17
129

Power

Kelsey

35

53%

*3%

No par

Kayser (Julius)

64% Jan

34%

*53%

3%

100

preferred

39% Jan

34%

Southern-

50% Mav 19

14

34%

100

__

42

Jan

34%

34

100

—

_

5

21

22

54

*3%

14

21

Jan

53%

38% Jan

23

24

50

preferred

16

Mar 17

(conv

preferred

4.20%.

18% Jan

28

35

Furnace—__10

&

4.50',;.

9

12% Apr

22% Sep

34%

35 % Jan

111% Feb

Sep 15

1

preferred

cum

18

21

14% Dec

Corp

preferred

cum

Kansas City

36% Sep

Chem

&

Kansas City Pr & Lt Co com.No par
3.00',; preferred
100

Mar 31

104% 4v.r

Alum

Kalamazoo

9

97% Mar 18

104% Apr

7

May 26

30

43

44

43

10,700

35%

36

*99 %

36%
102

102

50

44

5,100

44

44%

44

350

m
41

Jun

8

125

Sep

17

10% July 18
20% Dec 29

132

8

Apr

24

41

Jan

19

Mar 24

125

Jan

28

132% Jan

19

6%

12% May 10

15% Jr.n

20

Mack

20% Jan

24% May 28

15% Nov
26

Jan

78% Sep
7% Oct

14
16

9

6% Dec

29

9% Jan

21

Sep

15

15% Sep

15

517

Sep
3% De6

4% Sep
22

15

10
8

87% Mar 27

32

May

8
12

Apr

9

22% Jan
552

8

14

6

Mar 23

8% Feb

30

28

Mar

9

Jan

16

25% Jun

4

6% Sep
16% Sep

18

11

Mar

9

21

25

Jan

5

11% Jun

10

13% Dec

2

52% Jun

15

58

Feb

4

,

22

4

80

Sep

15
8

8

85'A Feb

1

7% May 27

8'/a Jan

28

5 % May

8% F*b

15

25% Jan
16% Jen

6
4

39% May 27

4

i.a-/B mar

509% May 28
3% Jan

530

3

M

preferred

4% Mar 10

No par

23%

23%

23%

23%

23%

23%

23%

24

23%

24%

;_100

83%

83%

83%

83%

83%

83%

83

83

82%

82%

Madison

No pax-

*7%

7%

*7%

7%

*7%

7%

7%

7%

*7%

7%

100

6%

*6 Vb

6%

6 Ve

6 Vb

1,200

38%

38%

39%

39'a

39%

8,400

Square
Magic Chef
Magma

Magnavox

Mandcl

82

Jan

4

95

May 12

4%%

29

25% Feb

8

20

Apr

15

21 % Nov

16

18

Jan

4

23 %

May 26

42% Dec

30

38

Feb

16

110% Jan

5

104

,Jan

5

28

Jan

4

92

Jan

11

5

July

16

Sep

45

15

95
95

20

16% Jan

112

May 11

30% Feb

49% Feb

7

Jan

11

18% May 10
22% Jan 22

30% Feb

10

20

17

40% Mar 12

15% Feb

4

12

Jan

4

13% Mar

72% Dec

16

92

8

75

Jan

4

85

57% Sep
26% Sep

15

73% Mar 12

68% Jan

8

22

35% Dec

1

52

17

71% Jan

12

33% Jan
54% Jan

4

Jan

4

2

39% Dec

3

37% Apr

26

18% Dec

24

26% Jan

21

11% Dec

29

14% Jan

22

18% Jan
11% Feb

19

21% Sep
83% Oct

14

29% Dec

18

27% Jan

4

1

86% Jan

May

4

2

28% Mar 19

27% Feb

16

11% Dec

30

14% May 22
50% May 21
19% Jan
7

11% Jan

4

25% Jan

86
•

Jan

4

15% Feb

18

14

3

Mar 19

Mar 26

29% May 26
13% Apr
49% Apr

14

14

18% May 21

5

19% Jan

12

89

Oct

27

83% Apr

29

111

Jan

20

98

Jan

4

106

Feb

91% Sep

21

97

Nov

13

95

Jan

7

105

Apr

19

25

15

31

Jan

30

26

Jan

4

19

19%

19

19%

18%

19

19

21%

22

23'a

22%

23 Vb

22%

23

4,600

47%

46%

47

45 %

47

45%

46

31,700

*109%

111

*109%

29%

30

29%

30
93

16

31

21% Jan

13

29

39% Jan

28% Jan

4

Jun

11

98% Jan

92

5

100

95

Sep

14

4

108% May 19

88

Jun

12

84

July

99

May 21
14

Feb

93% Jan

page

$3.40

$3

29%

29%

4

34% May 24
Feb

4

94%

*92

93%

93

93

86

*83%

86

♦83%

86

*83

86

18%

xl7%

18

17%

18%

*17%

18

51

*50

*50

51

18%

18%

_No par

50

50

18%

18%

__3

22

22

—50

42

42

No par

Corp

13

13%

100

83

83

1

common..50c

preferred

2#

*50

18%
21%
13

*83%

21%

21%

21 %

42

42

*41

13%

13

13%

13

84

83'a

83%

*83

13%
84

18%

18'a
21%

21%
42

*41
13

13%

200

2,100
500
30

11,600

84

85

40

86

*83 %

10,200

84%

83

83%

83%

85

84%

85

50%

50%

50%

50'.a

50%

50%

50%

50%

503/4

5

65%

65 %

65%

65%

66

6 5'a

65%

65

65

1,800

39%

39 Vb

39%

3,800

18

39 %

39%

39%

23%

23%

12%

12%

12%

32

32%

32%

32%

__10

39%

39

23 Vb

23 %

23

12 %

12%

12 %

12%

12%

12%

1,300

32%

23'A

12%

x38%

40

23%

Inc~

700

32%

33

33%

33>/B

333/4

3,200

97 %

98

98

23

i-

23

*22%

2,000

96%

96%

*96%

97%

*96%

97%

*96 %

Shoe

Mengel

xl

28%

29%

29%

29%

29%

29%

29%

29%

29%

29%

3,600

1

13%

13%

13%

13%

13

13%

13

13 VB

12%

13

2,100

preferred-.50

48%

49%

*48%

50

*48%

50

*48%

18

18

*17%

18%

*17%

18%

♦17%

18'a

17%

17%

300

20%

20 VB

20%

20'/a

203/g

18,300

Corp
(The) common—".

Co

convertible

Mercantile
&

1st

Stores

Co

Inc

Co

Inc

common

$4.25

2nd

2nd

3%

16%c

pfd

20%

88%

20

*87%

104

104

*104

_No par

100

101

*98

100

*99

Co__

Metropolitan Edison 3.90%
preferred

series

5

pfd—100

.'-100

33%
22'4
34 Vb
*95
107 %

98

Feb

8

3.85%"

preferred

series.

97

Apr

14

3.80%

*91

May 14

4.45%

preferred
preferred

series——'.100

109.

series——100

*107

Copper

20

*87%

104

Mergenthaler Linotype Co.—No par
Mcrritt-Chapman & Scott——12.50

4.35%

20%
88%

*88

M04

preferred.

Machine

20

No par
—No par

preferred

conv

Miami

18'a

65%

6

May 20

50

18%

*41

42

Co___x___—_____1

RoWbins

Stores

50

18%

21%

21%

*41

50%

18%

18%

120

1,5O5

50%

13

28

18%

84

Jan

2

*83%

92%

—.5

Jan

22% Feb

86

*83%

.No par

89

15

200

*92

No par
preferred (1st series)
100

4%%<

Mesta

92%

92

95%

Electric Co

Melville

Merck

93'a

93%

Corp common

5%

11,800

93

Publishing
Mclntyre Porcupine Mines

Mead

30 %

92'A

*94

2__—

&

29%

94%

pfd——No pat-

convertible

McKesson

100

30

93%

common

Stores

3%%

5,800

109 %

94

preferred

McCrory

29%

1,600

109'a

110%

*93

Corp common.

$2.50

*109%

No par

Corp

McCord

.___5

110%

'■

preferred

McCali

110%

series.No par

1947

cumulative

May tag Co

*109%

92

29% Mar




..100

common.

pfd

cum

5

Corp com

preferred

105% Jan

93% Feb

see

Jan

104% Mar

107% Feb

footnotes

conv

Dept Stores

$4

Dec

For

May

$3.50

Jun

18% Sep

4.25%.

8

86

80

47,400

21%

5

22

500

x46 %

26

28:

93%

19%

Jan

14

*93

47%

91% Feb

35% Apr
28% Jan

93%

21%

1

21

93

19%

McQuay Norris Mfg Co_„___1

34% Apr

93%

47

McLellan

4

5

♦93

300

11,900

21%

13

May 11

28

No par

-

Chemical

23% May 19

10

Nov

94

27%

x—______xl

Mathieson

Co

McGraw-Hill

22

*93%

28 %

Masonite Corp ;
Master Electric Co

McGraw

18

93

28 vb

17%

May

42% Feb

93

28 %

23

May 28

92% Jun

3

,—100

27%

16%
18%

Apr

4

28

22%

52

30

27%

17 Vb

67'

99

26% Jan

47

43% Jan

28

45%

23'a

26

4

Jan

27%

59

45 %

16%

1

Feb

.___10
No par

9,500

13%
59

45%

13%
•58%

22%

19

15

105

eomx

14

14
59

45%

14

.

8,700

45%

59

59

*45

9,100

17'a

Apr

47

45%

13%

9%

22%

24 Ve

22 %

18% Feb

Mar 12

60

*45

14

14

*58'/a

45

13%

*58%

1,000

9%
22 »/b

,

17%

20

21 % Mar 25

13%

60

45

_5
—50

24 '/a

9%

22%

22

21%

17% Jan

45% Feb

Sep

22%

17%

Mar 16

29

14

11

Mar 11

11% Dec

May

9

47% May 19

20% Sep 14
41% Nov 27

Sep

22%

21%

$3.75

52

80

22%

$3.75 preferred

4

17

22%

,24%

17%

97% Mar 29

29

Aug 19
15% Sep 15

22%

600

21%

98

Dec

46

22%

5

5

17%

89

Sep

95

9%

30

800

5

22

5

21

13

*24Vb

9%

1,600

4%

17%

7

15

33% July

24%

9%

(conv)

L)

Jan

6

83

Sep

24%

9%

*

4%

21%

(Glenn

92% Jan

Jan
Jan

85% Nov 24

2

24%

9%

17%
510

509%

4%

_1

Martin-Parry

16% Dec

*4%

24%

*4%

17%

17%
510

4%

590

No par

Martin

17% Sep

5

17%
*496

7,200

Corp

25% Mar 31

18% Apr

34 % Aug 28

4%

9%

preferred

1

26

5

5

17%
510

4%

24%

Marshall Field

88% Mar

*496

4%

9%

Corp common

& Co

5

17%

17%
519

4%

*4%

Marquette Cement Mfg Co_

1

*496

4%

*24%

_•

preferred

17%

17%
519

l
x_—'__6.25

28% Apr

Midland

4%

5

4%%

Marine

17%
*496

—No pur

„_x__x_

59% May 17
45% May 27

4

12

1

Corpi—xl—

13% Feb

83% Jun

50

Marathon

16% Jan

82% Jun

37%

x—1

23% May 19
14% May 17

14% Mar

75

37%

Co

4

12

32% Mar 23

RR

Shirt

18% Mar 20

10

6%

37%

Maracaibo Oil Exploration

16

27% Jun

6%

37%

Co

Bros

Manhattan

14

30

6%

37%

(The).

Co

Sugar

10

98% Jun

6%

10

Jan

24% Jan

2

No par

6%

Copper

19

25% Mar 19

5

Garden.

9% May 18

8

10,000

Macy (R H) Co Inc com
4%% preferred series A

4

11

700

131%
14

12

29

3,800

8%

41%

41%

*130

13%

Jan

Jan

V

14

7

Apr

8 Ve

8%
42

131 %

13%

22% Jan

12%'Jan

8 Vb
42

*130

13%

Manati

5

8%

41%
131%

41%
*130

13%

Mahoning Coal

18

8%

8%
41%
131%
13%

26

Feb

41%
*130

13%

25

5% Jau

8%

8%
41%
131%
13%

Inc——

Feb

28

8%
*41%
*130

13%

12% Jun

Sep

100
.___5

Trucks

5% Jan

4

55

9

Mar

81% Mar 16

42

22% Sep

45

Wood Working Co
.5
MacAndmvs & Forbes common—10
&

.100

5

*95

27%

33%
22%
34%
96

107%
96%
93

108%
27%

33
22 %

34%

33 %

22'A
3

4'A

*95

96

*106

108

*95
*92

♦106%
27

96%
93
108

27%

33 %

22%

104%

104%

*103%

105 %

100

100

*100

101

33%
23%

34%

*92

27%

108

96%

93%
108

27%

*33%
23%

33%
*94 %
*106
'94
*92

*106%
27%

60

883/4

*87%

96

♦106%

*87%

88%

100,

♦34%

*95

88%

50

*48%

105%

*94%
*106

50

150

500
120

33%

33 Vb

33%

1,000

23%

23'a

23%

28,800

34%

1,300

34'a

*33%

96

95%

96

30

108

*104%

108

200

96%

93%
108

27%

96%

*93

93

*91

*105'a
X27%

1

108

27%

8.900

23

24

The Commercial and Financial
Chronicle

(2384)

NEW YORK STOCK RECORD
Range for Previous

Range Since Jan. 1

Year 1953

22% Jim

9

Dec

14

125 >A Oct

7

29 Va

31

.

.27% Mar

,26% Jan

46% Jan

7

30

9

126

% Jan

24 % Mar 20

2-1% Oct,

9

16% Jan

26

24

Nov

8% Dec

31

19% Jan

2

53% Feb

27

Apr

11

8% Dec

29

Jan

Jan

11

26

67

102

29

19% Jan

4

55% Jan

3

60 % Dec

104

5

May

23

9% Jan

4

Oct

1

88

Jan

5

71% Jan

12

18% Nov

9

26% Jan

22

19% Nov

17

21% Dec

21

24% Oct
15% Sep

18

34% Mar 25

14

69

4

10% Jan

19

92% May

6

70
May 12
105% Apr 13
11% Jan 21

8%

Prod

82V#

ft.81%

82%''

82%

823/,

27%

28%

28

28'A

28%

28%

28%

29

32%

32%

32%

32%

33

33

33%

373/.

*130

132

130%

130'/!

24%

24%

x25%

common

5

preferred

100

Oil Corp_
Minneapolis & St Louis Ry—No

par

26%

St Paul & S S Marie—No par

Minn

9%

Minneapolis-Honeywell Reg—1.50
Minn

Min

$4

&

Mfg common—No

preferred——

10%

10%

10

76%

' 76%

*79

17?#

17%

17%

17%

17%

173/.

43%

43%

43%

43%

43%

43%

8%

8'/#

8%

8V#

8'/#

8%

65%

19%

19%

19%

*19%

193?

23%

23%

23%

23%

23%

23'/#

33%

23%

32%

3,800

33%

33

34%

34%

34%

15.900

Development Co

4

54% Feb

17

JMissouri Pac

5

24% Feb

16

Mohawk Carpet Mills

RR

conv

16% Jan

79

Sep
17% Sep

15

95% Jan

28% Mar 11

19

Jan

4

25% Jun

10

32% Mar 26

31% Jan

4

29% Nov

17

40% Dec

31 % Feb

1

45% May 28

Monterey OH

53% Sep
11 % Sep

18

65% Mar 19

56

4

65

15

18% Apr

15

10% Sep

65%

66

pfd_100

45%

22%

Montgomery Ward & Co.

5

79% Mar 29

20

11

Jan

12'A Jan

4

11% Mar 24

16
6

34% Mar 18

30% Jan
17

Feb

21 Vo Mar

Co Inc

..___—1.25

46

45%

45%

45%

47

22%

22%

22%

22%

22%

#22%

X13%

46

18

12,200

43%

15,600

8%

8%

18,800

66

65%

66 »A

4,400

45 V#

46'A

6,700

22'A

22

22'A

14

13%

13V#

1,700

22%

21%

21V#

10,800
7,900

900

14

14/14%

21

21

5

92%

92%

92%

22% Mar 12

93%'

93%

94

Montana-Dakota Utilities Co——-5

93%

94

93%

22%

22%

94%

37

22%

22'A

22

Montana Power Co

22%

22

22'A

(The).—No par

35%

22%

36%

22%

35%

36%

35%

36%

35%

36

__l

36%

36 f.

43%

4334

42%-

43

x42%

45%

44

"

45v

No par

44%

45%

63%

64%

63%

13,200

63%

; 63%

64'/#

63%

63 %

28,800.

14%

'14%

97% May 12

Monsanto

May 18

May 13

TooL

Chemical

Co

CO

,

—

15'/# May 24
14% Feb
8

Moore-McCormack Lines
Morrell

(John)

12

& Co

37% Mar

3

Mo oroia

23% Jan

5

Motor

Products

1

24% Apr

26

Motor

Wheel

Corp

28

25% Mar 12

18

Sep

15

26% Mar 13

19% Jan

4

28% Mar 24

12

Jan

5

14% May 19

13% Jan

7

16% Apr

8

Dec

31

50

41% May 19

47% Feb

2

Murphy Co <G C)

106% Jan

14

26

18% Jan

11

22% May 28

42% Jan

4

46% May 27

37

4

42% May 27

110

Fop

23

4%%

37

xi4%

14%

14%

12%

12%

12%

12%

13

13

131/®

37%

36%

37%

36%

37%

37

37%

7,700

3,200

14V#

2,200

13

13%

7,100

37'A

37%

,9,100
1,300

18%

19%

18%

18%

18%

18%

lg%

i8%

18'A

18'A

23%

22%

23

23%

23%

23%

23'/#

23

23

24%

251/8

24%

25

24%

24%

23%

24%

24'/#

24%

24'A

25

15'A

15'A

25

1

Corp

1

23%

5

15%

—1

common

*42

100

107%

Murray Corp of America com—s_10
4% preferred—
50

*44%

&

15%'

63%

23 V#

r-

iF Ej

14%

63%

21%

5

Corp

preferred

Myers

15%

21%

—10

MunsingwearInc

43

3

*12%

3

Apr

M,mVnr S?S
Mullins Mfg

15

—No par

Inc

23

Jan

65%

17%

oaf

20%

27% Mar 16

2

65%

13%

27% Jan

Feb 25

66

43%

46'A

65%

13%

29

Feb

200

20%

14

50

18y®
437/*

19%

20%

Machine

21% Dec

6

*19'A

13%

Monarch

21% Sep

6

*19%

No par

22% May 27

23

4

8

19%

—20

5%

20% Mar 23

Mojud

130

23

Jan

19

76%

33

40

15 V# Jan

76%

23%

69% Mar 22

Mar 31

4,300

33%

Mar 17

19% May

90

■J

10%

23%

61

29

9,800

102%

10

33%

Mississippi River Fuel Corp
10
Missouri-Kan-Tex RR com—No par
7% preferred series A—I
100

9 % Apr

2,300

5,700

76'A

17%

43% May 25

9%

10V

43%

4

4

19%

9%

par

Light—No

li

51"

*102

5

Jan

&

15% Sep

24% Feb

102

1

Power

Corp

13

29

102 %

10'A

15% Mar 25

35% Dec

102%

13,100

•

70

76%

___25

26%

1,900

88

76%

preferred

25%

68'A

10

Minnesota

25%

87%

77

M ss on

50

24%

68%

10V#

conv

1,800

132

24%

88

76%

100

130 'A

68%

10

preferred

29,100

87%

Minneapolis-Moline Co common—1
1st

29

33%

68%

68%

*102

102

*

-

10,900

28%
33 %

87%

85%

103'A

5

110% Mar

68%

*102

103%

Situ res

;82%

ua/m

No par

Jan

104% May 18
16% Sep 15
42% Aug 26

86%

•

82

9%

Mission

4

19 V# Mar 16

4% Jan

17

Jan

26%~

9%

l

33% Dec

43 % Jan

25%

34% Mar 30

31

15% Apr

68'A

10

24%

23% Feb

22

29

85'A

26%

*24%

4

15

31

68%

9%

24%

15

70% Aug
6
58 % Jan 23

15

86

26%

132

Feb

21

15

Dec

68'/#

10

24%

27% Jan

57% Sep
33% Sep

21

85%

par

26%

*130

$1.50 2nd

16% Jan

29% Dec

24%

21

37

14

131%

24%

21 % Jan

6% Mar 12

13

131%

10

Midwest

the Week

May

81%

Inc—No par

Utilities

Steel

1st

BatoafM

Friday

Slay 27

May 26

82%

19% May 26

41 % Mar 17

Dec

May

27% May 14

78

Midland

Sfsda^ '"ihSrsday

May 25

81%

$5.50

23% Mar 25

Dec

o

24

Feb

South

May 24

__lo

22

10

4

Middle-

P«*

Petroleum—

Apr

31

34% Jun

28

25 %

26

8% Jan

30

68% Nov

6

94% Jan

29'A Jan
3J% Mar

Jan

20

Mid-Continent

Monday, May 31, 1954

Continued—Pag# t

Tuesda?W

Monday

EXCHANGE

29

136

21V# Jan

20

42

*

FCD

Feb

139

YOKKKSTOCK

NEW

Highest
85 % Apr

65 % Jan

9

66% Dec

22

i

Lowest

Highest

Lowest

55% Sep

...

Bros—

21%

No par

41

251/4

24%

25

23%

251/8

23%

15%

15%

15%

42%

42

42'A

42'A

107%

107%

*107%

21%

21%

108

21%

*15

15%

*15

15%

42%

43

433/#

109'

21'A

*107%

42 5/»

6,000
600

43

*107'A

109

1,200
12,800

109

2,400
50

213/4

21%

223/#

22'A

22%

21,700

*44%

46

45"%

45%

45%

45%

200

41%

41%

42

42%

42%

*41%

82%

*81%

46

*44%

46

41

*41

*82

43

1,300

N
74

Sep

15

28

Oct

6

11% Sep

14

99% Jan

2

74% Mar 29

84% May 10

Nashville Chatt

36% Mar 25

30

Jan

8

46% May 26

National

Acme Co_

15% Jan

12 %

May

7

15% Feb

National

Airlines

8

19

St

61

Louis

16% Sep

22

21% Mar

19

National

Automotive

19% Sep

15

25% Mar 20

20% Jan

26% Mar 31

National

Aviation

Sep

14

38

36'A Jan

40% May 14

National

Biscuit

158% Jun

24

174% Dec

14

9

13% May 11

172% Jan

10

Sep

14

13% Feb

26

11

51 %

July 22

60 % Dec

13% Jan
9

Sep

19

180

Jan

Jan

Apr

21

15% May

5

National

Can

May 11

National

Cash

21

17% Jan

25

National

City

10% Jan

4

12% Apr

23

National

19% Jan

5

23'A Apr
19% Apr

26

2

21

19% Mar 27

17% Feb

18

56% Jun

10

66% Dec

62 % Feb

25

12

Dec

29

15% Jan

8

16% Sep

22

23% Jan

6

16% May

6

75% May
6
13% Apr 14
20'/# Jan 20

84

29

99% Jan

5

87'A Jan

4

97'/# Feb

22% May 26

20'A Jan

8

96

93% Jan

5

1

85 % Dec

15

29% Apr
155% Jun

24

132

15

Apr

7

3

14

Nov

12% Jan

6

38% Dec

4

37% Mar 19

Jan

15

4

32% May 26

91

24

Nov

90

7% Mar

Jan

4

98

4

33% Apr

114

116% May 20
7% Apr
1
12% Jan 12

Jan

7

6 % Feb

17

14

Jan

15

Jan

22

Jan

106

Feb

4

22

38

13

Mar 29

Feb

6

31% Mar

35 % Apr

93% Apr

2

86 "ft Jan

97

56

Jan

Feb

40% Jan
12

15

11

14

May 11

67% Jan

5

30

25% Jan

4

23% Mar 17

18% Jan

4

34

Mar

100

Apr

57 '/# May

4

15

Apr

12

75

Apr

34% May
20 % Ma.T

3
5

11

26

21

101% Jun

10

109% Mar

9

106% Jan

6

17% July 13

15% Mar

70

Jan

20

63

80

92

Feb

9

11

520-f Jan

16

34

Feb

15

Feb

9

110% May
21

May 28

Jan

20

69

Mar

85% Jan

14

90

Jan

6

480

8

348

18

22

65% Feb

Apr

1

Mav 24

Mar 23

31% Mar

3

Apr

7

60

2

18% May 28

28

Feb

80% Jun

11

92

Jan

22

38% Mar

3

24% Jun

91% May 12

96% Feb

10

28% Feb

2

27% Jan

4

75

29% Mar 16

28

80% Nov

10

82% Jan

25

79

Jun

22

87% Jan

8

86

Jan

5

87

Jun

29

94 % Nov

13

92

Jan

7

16

Sep

15

20% Jan

26

17-% Jan

6

39% Dec

23

53 % Jan

30

39% Jan

4

Jun

12

26

16

24% Jan

Jan

Jun

19

23% Mar 24

15% Sep

15

22% Dec

14

Jan

8

Jan

16

46% Jan

15

2

6

87

i

ft

21 C

13

20

Jan

4

20

Jan

12

8% Jan

4

87

107% Nov

14

84

16

24

87

Mar 19

18

109

Mar 12

19

Co

14% Dec

15

101

Jan

16

9

13% Jan

4

85

4

Jan

105% May 11
99

Jan

12

18% Mar 17

16% Jan

11

8% Dec

29

14% Jan

13

7% Jan

11

16% Dec

30

24% Jan

13

14% Jan

11

18% Sep

18

25% Apr

9

39% Feb

19% Mar

2

44%

44%

44%

177

177

149

149'A

149%

310

10 V4

2,600

10

10'/#

10»/a

24%

24%

24%

25

25

31%

31'A

31%

31%

31%

31%

53

53

52%

53%

53%

54%

53

53%

12,600

28%

28%

28%

28%

28%

28%

28%

287'#

28 V#

900

31%

32%

31%

31%

8,300

98

97

97%

1,320

31%

31%

31V#

4,800

130'A

130%
6%
11

*124

31%

129%

6%

6%

11%

11%

*124

130

6%

*122

6%

11

24%

11

24%

'122

6%

1,800

31

*30%

130

6%

11'/#

*10

600

130

100

6%

6%

16,800

11%

11

11'/#

1,300

4%

5%

4,400

12'A

12'A

12%

12%

12%

12%

*12'/#

12%

12%

12'/#

I,000

1

14'A

14'A

*14%

14%

14%

14%

14%

14%

14%

14%

*105

100

Electric

5

lOG'A

*34%

35'/#

*96

97

System—__1

143/4
*99

55%

15

100
56%
13'A
73'A

Newport News Ship & Dry Dock—,1

32%
19%

33

preferred

__

York

Air

York

Central—

Brake—

___5
—No par

19%

5

*105

34%
96%
14%
*99

54%

13%
*73

5

106'A

35%
96%
15
100

55%
13%

74%

5

5

*105

4%

35'/#

5

105%

*105

106%

*34%

5

34%

105

700
70

105

35%

34%

35 '/a

700
■

96

*96

9 6'A

14%
*99

14%

14%
100

54%

100

56%

97

*96

97

14%

50

15

19,900

102

80

14%
*99

100

v'.

55%

56

55'A

56

9,900

13%

13

13%

13

13 %

9,200

74%

13%
*73

*73

74%

*73

74%

10

32 %

32%

32%

33

33

33

33'/#

33'/#

3,000

19%

19%

19%

19%

19

19%

19%

19%

3,300

23%

23%

23%

23

23%

22%

23%

98,400

35

34%

35%

34%

35'A

34 '/a

34%

10,900

109

109%

'109%

109'A

109 y4

109 %

19

19%

19'/#

20 V#

23

23%

22%

20

35%

36'/#

X34%

__10O

109%

York Chic & St Louis Co-

Common

6%

preferred

series A

New York City Omnibus
Corp_No par
New York Dock common-—_No

No par

19
*65
*86

50

475

par

$5

non-cum

iN

Y

& Harlem

N

Y

New

preferred
RR

Preferred 5%
New

York

!

Co

Haven &

Hartford Co_l00

series A

$3.75

Pwr

*65

109

19'/#
66

*65

66

88

*87

90

*87

90

480

*435

475

470

470

*65

23%-

23%

54%

54%

55

54%

55

—

16

15%

37%

37'/#

*91%

par

28%

29%

29

*83'A

84%
89

84

84

*83'A

88%

89%

*87 »/2

89

ft.'

98

95

96'A

95

95

16

17'A
38

93

29%

common

93

*91%

-37%

1,600

96,100

17%

17'A

18'A

37%

38%

92

92

*91%

93

93

93

29'/#

29%

'29%

29'A

29%

29%-

83%

83%

83

-

83

210
200

85%-

21%

21V#

40%

40'A

40%./

26%
23%
31%
8%
*83'A

26%
23%

*26%

26% /

1
1

'

'

'

41
*108

100

59

v

4,100

96

21%

1 21%

21%

40%

40%

40 y4

II,700

89

*94

230

2,500

26%

26%

*26%

26%

*26%

23%

23%

23%

23%

23%

23%

31%

32%

33%

33%

34

33 y4

33 %

8"%
84%

8%

8%

83%

83%

*82%

41%

41%

41%

42'A

500

23%

31

8%

•

8%

108%
60

108

58%

108

59%

*108

8%
82 %

82%

41%

43

%
108

59 %

58%

9

-

12,000
81,300

9y,

4,300
50

>

*81 %

41%

42 y8

ft

hi

108%

108%

70

57»A

58%

19,600

14%

9,749

ft

ft

26%

ft

84

42%.

108%

58%

>ft

9

12,000

40'A '

23%

hi
100

_

*87%

95%

32%

;
—

89

95%

*87%

21%

40'A

1

210

21%

21V#

108

59%

83% ft
*

18.900
278.000

(Minn)—

Common

5

14%

14%

14%

14%

14%

14%

14%

86%

190

«

*105%

106'A

*105%

106 >/2

140

99%

*99%

100%

100%

100 y2

30

27%

16,400

preferred

——100

*87%

86'A

88

$4.80

preferred

—„—100

106%

106

106%

105%

106

103% Apr
2
28% May 27

$4.10

preferred

100

100%

*99%

100%

99%

26%

26%

25

106%
*99%
26%
9'A
17'A

17%

2.50

22%

22%

Inc

1

.

common

preferred-

23% May 11

Norwich Pharinacal Co—

43% May 25

Ohio Edison

10

88

27

9%

88

x26
9 V#

88

14%

■

$3.60

9

4.6%

55 »A

37%

40%

50

t

Inc

54 V*

17%

21%

,10

preferred

Aircraft

54'A

37%

40%

__lo

Northern Pacific Ry

Northwest Airlines

4.200

•

21%

25

:

Natural Gas Co

Northrop

40

24%

;

25

Aviation—

rights

130

89

470

23%

'ft ft

Northeast Capital Corp
Northern Central Ry Co___
Common

89
*455

23%

-54'A

2

Rv

88

13,200

23%

;

37%

1,900

66

455

23%

16

*65

66

21

87

23%

15%

.....

20

455

>•

.

24'A

37%

1

Corp com_No

Western

15% Mar 24

18%

Corp—

Adjustment preferred

5 'A %

06

X109

-——100

Gas

&

preferred

Niagara Mhk

Northern

19%

TOO

Electric

&

110

No par

Shipbuilding Corp—

Y State

24
*53%

100

Common

95

4

180

10

31%

100

American

17'A Jan

17,800

177

148%

31%

preferred

Norfolk

8b

44%

44'A

*175%

*97%

American Co

9% Feb

1,230

150

97%

—

North

108% Feb

14,900

177

31V#

6%

45'A

900

29%
103

177

32%

11

29'A
'101 'A

*147

97%

Co—__1

29%
102%

102

31%

Nopco Chemical Co__

Mar 25

29%

102

98

common—No par

10

4

45%
179
150

30'/#

29%
102

32

1

Fibre

12

23

1

1

North

Feb

29%
102

31%

common

34

64% Mar

25,100

90

—No par

2u% Apr 19
23% May 26

111

2,400

18'A

90

97%

69

ft May 27

12%

18

90'A

10%
24%

13'A

New

12%

18%

90

_100

conv

England

New

12%

18

31%

*96

21

*147%

12%

18%
90

97%

_100

19

*177

12%

18

90

31%

__100

Mar 23

44%

177%
150

*12%

18%

32'A

preferred

9% Jan

29%
102

13

1,500

90%

32'/#

preferred

May 27

45%

18%

97'A

3.60%

22'A Apr
43% Feb

30
102

*12%
*90

5

common

Northern States Pwr Co.

11% Jun

12% Jun

11

Tea

3.90%

89

54 V# Jan

45

92% Mar 11

43% Anr

6

-5

100 % Mar 30

83% May 19

107% Mar 31

Jan

78
Apr
100% Jun

89% Jun

102

preferred

hi May 26

Sep

29:,A

_i

3.40%

38

Apr

4

Mar 24

13%
18%
90%

73%

4

51

37% Mar 23

52

13

18%
90%

100

N

21

/6

6.700

Corp

4 'A %

29

35% Apr

5

31% Sep

103% Oct

71

Jersey Pr & Lt Co 4% pfd—100
Newmont Mining Corp
__10
Newport Industries common——1

7

14% Apr

2g

24

70%

31%

New

July

70%

Supply (Thei Pa com—10
%% preferred
100

3%%

37% MnV 17

Sep

70%

10o

Co

43A% preferred

14

18% Jan

34% Sep

71%

New

32% Apr

83

70'A

*28%

New

5

14% May
l
59% Oct 13

Ref

Newberry Co (J J)

1

30

8

71%

53'A

Neisner Bros Inc

30

48% Jan

19

71%

No par

Nehi

Mav 11

25 % Jan

-22%

72

31

4.20'/r

25

11% Jan

14

Apr

7,400

71%

5

25

Vulcanized

Sep

•

19%

53

National

105

29

5

19

31

NatomasCo—

8

72% Mar 23

May

19%

25

8

26

16% Jan

19% Jun

19

10

4

.

Mar 25

30

49% Dec

19%

_

preferred—
Theatres Inc

13% Feb

15

400

19

Corp

National

16% Apr
106

10% Sep

Sep

19%

Corp

134'A Apr 19
i
7% Mai; 31
5% Feb

64

30

18%

No par

National

11% Apr

13% Jan

18% Dec 29

13,400

19 %

common

19

4% Jan

94

8

12

22%

19

National

May 25

10% Jan

6

27

Jan

28% Jan

29% May 20

20

17

11%

22'A

10

Sugar

4

Jan

Sep

12'/#

22%

10%

National

24% Jan

14% Mar 30

17 %

14,900

11%

22%

10

Steel

5

11

16%

12%
22%

Malleable & Steel Cast—No par
Shares
Corp
—No par

Natl

16%

11%
22%

1

National

16%

12%

common—5

Service

16'A

5,300

22%

National

31% Jan

25

National Linen

16%

6,600
"

12%

Co common

31% May
6
54 % May 19

21

92% Jan

Dec

25

May 21
May 24

29

85
Jun 18
37% Aug 31

23% Sep

11

16%

250

147'#
78

22%

177%

8 % Feb

14%
77

12%

*147'A

29

15

77%

23

100

9% Dec

16%

14%
77

12'/#

100

Lead

16%

15

77%

_._i

preferred

National

16%

14 V#

77

22%

—

28

12% Jun

$4.50

16%

v

176'A

1

1951

Gypsum Co

15

78%

176

3,500

_25

Co .common

Prod

14%
76%

r

4

9

—1

15'A

78'A

preferred B

26% Jan

30

Inc-

177

177

15'/#.

preferred A

12

85% Jun

Lines

178

77%

No par

7%

15

Apr

30% Jan

31 % Jun

176'A

(3%

48

26

5

176%

9

4

10

*176%

5

11

27

176'A

180% May

26% Jan

Jan

176'A

—100

152% Apr

20% Jan

13% Jan

11,000

7

46

14

5,700

40%

5

5

Sep

14'A
26%

40 »A

4

6

4 % Dec

14'/#

25'A

40%

Jan

32% Jan

2

14'/#

26'A

40%

Jan

52% Jan

4% Jan

14

25%

40%

38

14

6

14 «/#

26%

40%

141% Jan

21

21

14%

25'/#

40%

172

25% Sep

24% Jan

14%
25%

4

40% Sep
25 '/.« Oct

104% Jan

14%
40'/#

4

31

10% Jun

May 11

80

25%

31

Nov

20% Dec

105

103

3,200

14%

pfd series of

National

7,800

14'A

173% Nov

9

10

30% May 19

46

14'/#

25

Register—

Distillers

4%%

45'A

14'/#

40%

Department Stores _—__5

National

46

13%

*81%

14

Dairy Products-,:

National

46

13%

82%

39%

preferred—
National Cylinder Gas Co

12

46%

13%

24%

conv

National

81%

45

14%

146

Feb

22% Sep
86% Sep

15

$1.25

81%

45%

14

1

10

Container

20% Dec

82%

44%

14%

5

_

Corp

15% Apr

84

Inc

A—

57% Jan

15

17% Sep

preferred

24

Sep

Dec

7%

Fibres

82%
44%

14

common——10

Corp.!

Co

18% Aug 18
11% Jan
5

2

Aug 31

15

19

82

43.%
1

34

Mar 19

100

—

86

14%
86

86

,

27%

27'A

28%

27»/4

V#

9%

9'/#

9%

87/#

17%

17%

17%

17%

17%

900

22%

22%

22%

22%

22V#

22%

22 %

2,100

43%

X43'/#

43%

9'A

9

17%

17%

*17

22'A

9

i

4,700

o
34% Jun

10

94% Jun

12

83

100

2

38% Jan

4

Jan

2

102% Jan

4

12

93% Jan

27

92% Jan

May 18

106% Feb

25

104% Dec

9

6

54 V# Jan

4

69

May

7

Ohio

Mar 23

26% Jan

4

30

Apr

5

Oklahoma Gas & Elec Co

20

Apr

1

Jun

97% Jun

12

106

49% Jun

10

57% Aug

23% Jun

10

28

16% Sep

l

19% Dec

24

8% Dec

15

14% Feb

2

71% Sep 23

95% Jan

9

For




see

page

28

12

42%

43%

7

4.40%

preferred

100

5

7

3.90%

preferred

100

96%

106% Jan

6

110% Jan

29

4.56%

preferred

100

*106%

108

104% Jan

13

108

26

4.44%

preferred

100

*107

108%

10%

Tan

90

22% May 28

footnotes

Co common

108% Apr
98% Apr

9V« Jan
73

Jan

Apr

4

23% May 24
12% Jan 20

4

84

Mar

3

4%

Oil

com

4%%

96%

43%

43%

43%

6.800

106'A

107%

106%

106'A

106'A

106'/4

240

*95%

97%

95%

95%

95%

95%

*95%

*106%

107%

*106%

107'/2

*105%

*106%

108 %

43%
107

107

43

107

97

70

106%

107'A
105%

60

Natural

Gas

common

convertible

*106%

107%

105%

66%

67'A

66%

67'/#

66%

67%

66%

67%

66%

66'/#

16,600

10

28%

28%

28%

28%

28 V,

28'A

28%

2 8'A

28'A

28%

7,300

*19%

*107

108%

20

preferred

Corp

107'A

No par

Co

Oklahoma
Oliver

*106

preferred

19'A

19'A

*19 'A

19%

19%

19%

19%

19%

19%

800

_7.50

23'A

23%

23'A

23%

23

23'A

22%

22 V#

22%

22%

22,800

_1

11%

11%

11%

11%

11%

11%

11%

11%

11%

11%

18,000

IOO

80'4

81%

80%

80%

81

81

80'A

80%

*80%

81

440

,
_

I.

•
.

■

•

.

Number 5329 ...The Commercial and Financial Chronicle

Volume 179

(2385)

NEW YORK STOCK RECORD
Lowest

Highest

EXCHANGE

Highest

4

15% Dec 28

14% Jan

26

46% Dec 21

44% Jan

11

19% May 14
53% May 26

Omnibus Corp

37% Aug 31

42% Oct 21

37

Jan

13

70

Apr

Outboard

83

Apr

29

87

Jam

§% Mar
Feb

20

79 V* Oct

2

28

11% Feb
3b

Jan

6

16% Oct

15

84

17

13% Mar 11
50

18

10

81

Mar 12

Otis

29
'

11

61

12

Apr

27

.

Shares

19

17%

18%

18

18%

19%

53%

52%

53%

53

53%

53%

53

3,300

66%

66%

66%

66%

67%

*66%

67

600

86

*85

86

14

*13%

14

& Mfg

Glass

:

•

the Week

Friday
May 28

May 37

18%

i

2.50

*66

66%

*85

86

Corp

Owens-Illinois
■

SUM for

Thursday

53%

(The)
Owens-Corning Fiberglas Corp

85% May 13

HIGH SALK PRICES

Wednesday
May 26

May 25

5

No par

f Overland

Tuesday

No par

Co

Outlet

Jan

(The)

Marine

4

16% Jan

Monday
May 24

F«f

Elevator

8

77% Jan

55 i* Dec 21

Sep

CS% JUU

LOW AND

YORK STOCK

NEW

Range Since Jan. 1

Year 1953

Lowest

Continued—Page 9

STOCKS

Range for Previous

Co

-

*85

86

*85

86

*85

19

19%

52

"

21,200

1

13%

13%

13%

13%

13%

14

5

59

59%

59%

59%

59%

59%

59

58%

59

2,400

83%

84 %

83%

84

84

84 %

84

84

84%

5,100

18

3,800

,.12150

V"

•

...

■

I-

800

"

•

'

'

P
11% Jun
7% Oct

20

19

May 17

No par

18%

18%

Jan

7

88

Mar 10

preferred

100

13% Jan

5

7% Jan

11

8% Feb

9

Pacific Amer Fisheries Inc

5

87%
8

17% 18%
*86%J 88
*7%
8

48

3

33% Apr

23

35% Feb

8

Pacific

87
8
*33%

35

*34

35

*33%

62

Feb

10

Feb

9

No par
10

"56
*44
30%

59

48

30%

*56%
*44
30%

59
45%
30%

25

42%

42%

42%

42%

1«

6

34% Dec 21

Dec 11

14% Jan

88

18

Oct 28

•0

Mar 10

82

Mar

Oct

15

73% Mar 28
57% Mar 2

25% Jun

18

30% Feb 20

44% May 17
28% Jan
4

34% Jun

10

40

39% Jan

32% Nov

2

05% Jun

18

48

57

Mar 17

30

4%

4% Sep 15
22% Feb 20

.10

No par

Pacific

Gas

Pacific

Lighting

Pacific

Mills

15
12

28% May 27

13

126% May 18

13

31% Jan

Apr 21
5% Apr 14
37% Mar 16

4

8% Jan

5

6%

8

19

Tin

S% Sep

11% Feb

33

14

26

Feb

4

Jan

5

Packard

7

Pan

Amer World

19

Pan-American

1

69% Jan

84% Apr

19

Panhandle East

May 13

98% Deo 30

97% Jan

5% Sep 15
24% Sep 15

10

23

0

Apr
2
30% Mar 27

8% Apr

Jan

4%

27

Mar

Oil

Paramount

1

Petrol

Park

30

34% Jan

7

21% May

44% Jan

7

31% Jan

39% Jan

30

35 % Jan

€% Sep 15
4% Sep 21
2% Dec 22

8% Jan

5

17

7% Apr

8

8% Apr

9

3y4 Mar 12

7% Feb

23

Patino

6

Jan

8

2% Apr

26

3% Jan

25

10% Oct 20

18

Jan

7

10% May 11

12% Jan

25

34

38% Dec

11

35

7

39

Feb

3

30% Jan

4

37

Mar 30

Feb

10

Jan

5

27% Sep 15
20% Nov
2

32

Deo

6% Feb

3

23

21% Aug 10
29% Dec 14

40

May

21V* Aug 10
26% Aug 27
65% Mar 19

29% Nov 30

Jan

73% Jan

4

30% Sep

39% Mar 19

37% Jan

4

37% Apr

19

28% Apr
28

7

27

Jun

10

41% Dec

28

101

Jun

2

107% Feb

3

30% Jun

10

1

84

May 28

23% Jan

18

109

Mar

Mar 18

107

Apr

15

40% Dec 29
10

52 V* Jan

28

41

10% Jan

48

15

Dec

31

134% Jan
33

22

13% Jan

4

46

Feb

11

55

May 24

105

Jan

30

101% Feb

9

107

May 19

18% JM

34% Oct

20
2

29% Sep 21
28% Jun 16

43% Feb

32"% Jan

July 28

20% Jun 24
Jun

1

111

36

Jun

4

40

4

39% May 26

23% Jan

11

24

99

98% Jun

10

108

July 7
8% Sep 21
26% Nov" 27

Jan

2

94

Feb

26

103

Jan

108% Nov

104

106

12

107

Jan

18% Jan

Jan

26% May 26

5

113% Mar 29

May 28

101

Apr

2

11

107

Apr

27

11

110

May

7% May

8

10% Jan

3

28

5

28

Feb

17

83

Jan

7

38% Feb

15

44% Jan
Apr

8

Jan

11

88

Nov

41% Dec 29

55

Mar 13

08% Dec

29

101

Dec

30

34% May

7

94

3

23

85

Jan

12

95

98% Jan

5

86

Apr

27

90

29

Dec

23

29

Mar

98

18% Jan 27
02% Jun
1

5

27

36% Jan

Apr 28

Jan

Jan

May 13

Mar

6

9

31% Mar

4

Pepsi-Cola
Pet Milk

2

Co

preferred
preferred
4.68%'
preferred
Phla & Reading Coal
Philco

Corp

3%%
4%?

Phoenix

32

Sep 21

35

Jan

12

40

•5

July 22

100% Jan

8

103

19

Jan

Jan

11

Dec

24

94

Feb

17

86

Apr

19

97

Jan

7

77% Jan

4

85

Apr

19

41% Sep

59% Feb

3

42% Mar

3

53% May 24

15

11
Sep 15
148% Apr 21
153% Jun 11
44

11% Jan

16% Mar 18
162

Sep

3

157% May

165

Feb

6

162

68% Mar 16

53

Sep 18

13

15% May 10

5

160

Apr

Jan

0

169

Mar

Jan

14

59% Feb

15
5

4

6% Dec 31

9% Feb

26

6% Jan

4

12% 8ep 15

21% Jan

3

12% Jan

4

18% May 27

60

73% Feb 27

60% Jan

4

70

75

62% Jan

11

Sep 21

•9% Dec 31
17% Sep

13

Jan

9

Sep
86
Sep
10% Sep
33% Sep

14

30% Dec

23

146
18

25% Mar 18

Jun

19% Jan

Apr 27
31% Jan
2
98

14
°

15

18% Jan

39

8

11

104

Jan

28% May 28

22

May

35

Jan

29

14% Jan

17 % Apr

16% Jan

19

29
26

7% May

7

7

34
68

Feb

15*% Jan

20

11

Jan

20

33% Jan

18

29% Jun

18

37% Dec

29

35% Jan

7

23

84% Nov

3

Sep

15 /

24% Jun 22
24% Jun
Jun

18

Jun

7

25% Jan

12

102

Jan

109% Jan

convertible

5%

100

5%%

Inc
Plymouth Oil Co
Poor

&

4

Jan

4

64% May 24

Apr

6

110% Jan 29

28

Jan
Jan

5

21% Jan 15

31

May 17

30% Mar 16

4

143

a

55

155% Apr

21

24% Apr 29

33%
90
40%
93
90
33"%
98

67%
13

86

*80

80%

x52

53

19

*14%
14%
*157% 161
*162% 164
54%
x6%

54%
6%

17%

18%

64%
70%

65
70%

21%
*145%

2i%
24%

98%
12%
28

99%

24%
100

12%

12%

28%

100%
12%
27%
27%

28

28

28

16
18%
8%

18%
8%

*34%
78%

34%
78%

preferred
cum
preferred..:

Pullman

Inc

Pure

(The)

Oil

5%

conv

Quaker Oats
61'a

100
.100
No par

common_____No par

preferred

Co

(The)

100

com__„__5

preferred

100

Quaker State Oil Refining Corp__10

*27
27

27%
*98% 100
*105% 106
51%
52
64%
64%
108% 108%

29%
152

23%

30

152

23%

140

6,900

32%

33%

32%

33 %

8,300

*32%

32%

*33

33%

*9

9%

*9

9%

3%

3%

3%

11%

11%

11%

11%

60%

61%

61

61%

500

78%

79

77%

79%

7,900

♦101%

1

*101%

102%

4

186,600
59,500

50

102

7%

7%

7%

31%

32%

31%

32
25

7%

14,100
16,200

24%

24%

24%

33%

33%

33%

33%

9,400

39%

40

39%

39%

39%

1,700

7%

7%

4

7%
4%
3
10%
38
36
25
28%
28'%

4%

*2%

500

7%

10%

11

37%

37%

36

36

7%

3%

4

14,300

*2%

3

3

2,700

11

3,500

11

*37%

38%
36

36

25

28%

*24%

800

5,100

25

28%

*24%

2,000

190

*28%

28%

28%

*28%

28%

83%

83 %

83%

83%

84

4,200

42%
47

43

43

43%

43%

5,800

*28

47

46%

*106%

108%

41%

41%

105%

106%

*106
107
16%
16%
x46%
47

*106

13%

15%

31%
42

15%

15%

47%

4,200

15%

10,300

*31%

31%
153

42

42

15%

15%

29,700

300

1,200
600

31,400
300

*54

107

24'%

55

106

55

106

10

24

2,000

*23%

13%

13%

,
109%

109%

109%

109%

380

39%

39%

39%

21.200

39

38%

39

7,400

26

1,300

33%

;

33%
39',

,

i
X38%

.39%

X26

26
26%
108 ,4 109 %
96
96
105
105
109% 109%
8%
8%
x32 4 33%
90
91
39 4
40
*93
95
*87
90
'29-ia 33 a
*96
98

26%

109

109 %

*94%

>

96

13%
33

26

108%
94

13%

2,500

33%

19.309

►-* O 03 -O* 05^

95

420

1,000
130

105%
1

105%

*104%

105%

110

110

*109

109%

130

8%

8,100

8%

8%

8%

33%:

33%

33

33%

*90%

91%

90%

90%

130

39%

39%

39%

39%

23,100

93

93

*90%

88

300
300

88

*88

90

33%

*29%

33%

*96

98

*96

98

66 %

66%

13,600

93

*29%

*11%

Ix

8

16%

152%

153

42

109% 109%
38% 39%

39

106%

15 %

47%

15%

13%

32%

460

106 %

47

47

24

7,400

16%

X31%

*105 %

41%

105%

16%

*54

%

*105%

107

152%

400

108%

41

16%

15%
15%
32
32%
152% 152%
*41
43
15%
15'4
*53%
55
*105% 107
23% 24

46'. '2

*106%

47

*106'% 108%
41
41%
106
106%

50

67%

86

67%

*11%

13

18,800

12%

1,300

16
18%
8%
*34%

78%
9%

25
25

550

4%

4,900

—100

par

146

4%

19%

preferred
preferred

com..___No par

145

4%

*105

preferred

Gas

145

4%

*105

__

18-%
*85

4.32%

&

1\5

*105

3Vz%

preference com__No

7,800

27%

—

28%
16
18%

*73

27

19%

19%
86
81
51%
14%

19
*85
*80
51%
xl4

27
'

19%

2,000

*105

19%

86

*85

86

80%

80%

*80

81

1,200

51%

51%

13%

14'/a

13%

13%

2,100

157%

157%

*157%

160

164

164

164%

165

*85

*157'% 161 1
164
164
54%
54%
6%
7^
1.8
18%
65% 67
71
71%.

54
7

54%.
7

2,000

54
7

54%
7

18 %

18%

18%

16%

68

70

70

70

71%

72

72

72%

21%

99

10
70

5,700

4,400

18,400
390

1,000

21%

1,000

25

25%

24%

25%

12,400

102

21% 22%
*145 %
—
24%
25%
101
104

102%

3,310

22

♦145%

*145%
103%

102%

12%

12%

12%

*12%

12%

300

27%

28

28

28%

28

28%

8,500

27%

28

27%

28%'

27%

27%

1,800

16

10
18 4
8%

15%

16

15%

15%

18%

18%

18%

18%

8,300

8%

8%

8%

8%

7,700

34%
79 %

*34%

*12%

8%

18 k
8%

34%
79%
10%
74%

34%
79%
9%
73%

34%

34%

36%

div

4,300

28%
:125%

102 %

37%

Pub Serv El

35%

28%
125 %

*27%

24%

87%
26%
27%
27%
27%

35 %

28%
125%

*101%

36%
87%
*26

4.90%

35%

20

4,400
14,500

43

102%

Indiana_.No par

Co

42%

28

33%

6ff
31

45

29%

125

*9
9%
3%
3%
11%
11%
*59
60%
78%
79%
*101% 102 %
7%
7%
x31%
32%
*24%
25
33%
34%

28%
83
x42%
47

59

45

29%

*101%

of

Serv

*56%
•

500

35

39%

22%

>'10

59

45%

35%

35%
35%
27
28
125% 126
*145
146%
4%
4%
32%
33

*34%

40

8

39%

34%

Colorado

43 '/a

87

8

39%

10%
75

...5

com

preferred

42%

35

*85%

39%

24

16%

43

8

*33%

18

86

*7%

40
40
*101 4 102/4
x26% 26%

22%
*145%

__

42%

18%

*85%

39% 40
*101% 103
x26%
26%

35

4.70%

47

65%

"^V8

74%

5

40% Jan

No par

14%
14%
*157% 161
162% 162%
54%
55%
6%
7
16%
17%
*63
64%
70
70

*96
*•

34%

109

108

(Del).l

*29%

10

4.08%

a

Gamble

cum

6

4

10

32%
*89
39%
93
*87

No par

$4.75

103% Apr

2

.No par

Publicker Industries Inc

97% May 28
105% May 7

t

B

preferred series A..50

conv

$1.40

20

-1

Electric Power Co

&

9

64% Jan

5

Pocahontas
class

Co

Potomac

27% May 21

Feb

5

Pressed Steel Car Co Inc com

28% Apr

26

100

;

Public

28% Jan

1

——

Creek

Pond

100

common

preferred

conv

Plough

3

25% Jan

(The)

12
3

100

Pittsburgh Young & Ash pfd

38% Apr

Mar 19

53%

West Virginia

&

—

52%

..100

Co

18"%
*84%
*78%

preferred class A
5%% 1st series prior pfd

Pittston

*105

33%

109'A 109'%
38%
39%
38%
39^
25%
25%
109
109
*96
97%
104
106
*109
109%
8%
8'/a

33%

*96
98
66%
67
*11%
13
39%
40
*101% 103
26%
27

13%

32%

33%

*29%

43%
48%

13%

13%

33%

109% 1097a
39%
39%
38%
38%
25%
25%
109% 109%,
*96
97%
*106
106%
109% 109%
8%
8%
32% 32%
90
90
39%
40%
90%
90%
*86
90

1

7%
guaranteed preferred____100
Pittsburgh Plate Glass Co.
10
Pittsburgh Screw & Bolt
No par
Pittsburgh Steel Co com
No par

Pittsburgh

13'%

83%

*106% 102*%
40%
41%
106% 106%
*106
107
16%
16%
47%
48%
15%
15%
*31%
32'%
152
152%
42
42
15%
15%
54
54
*105% 107
,23%
23%

108%
41 %
106%
107
16%
49%
15'%
32%
152%
44
15%
55
*105% 107
23%
23%

No par

(conv)

Public Serv Co of

92% Mar

28%
28%

19
86
80%

preferred___No par

17

27

100

Pittsburgh Forgings Co...
1
Pitts Ft Wayne & Chic Ry com__100

4

146% Feb

RR

preferred

4

17

L

20

43% Jan

30% Mar

$5

$4.80

25% Jan

30% Sep 15

St

&

2

Pitts Consolidation Coal Co

25% Jan

6

S8% Aug 31
131% Jun

C

Jan

109% Mar

2

C

No par

Pitts Coke & Chem Co com__No par

26% May

6

35% Sep 15
42% 8ep 14
103

82% Jan

5
30

27% Jan 20
27% Feb 24

4

101% Jun

'

9

92

5

Jan

27% Oct

26

25

Inc

35% Feb
i

5

—

preferred

4%%

80

11

Hosiery

Procter

9% Mar 31

3

35% Dec

Jun

5

72% Mar 16

82% Jan

5

Jun

$4

26

Jan

100

Petroleum

Pitney-Bowes

82 % May 28

17

76% Dec 29

73

Apr

9% Jan
38

May

18

May

26% Jun

25

16

24

71% Dec

22

May 26

12% Feb

3

11% May

09% July 1
9% Dec 31

12

25% May 26

2

17% Jan 29
19% Mar 23

8

7% Sep 15
34% Jan
8

148% Feb

10% Feb

14

34% Apr
46% Feb

14

23% May 14

12

89% Jan

July 30

12% Jan

May 27

72% May 28

.

5

148% Feb

150

13% Oct 13
16

Mar 20

7% Mar 22

100
100

preferred

Pillsbury Mills Inc common

Pitts

76% Dec 29

3

100

No par

Phillips

13% Mar

77

1

Iron

No par

67% May 27

8

&

common

series

97% Apr

22% Mar

100

preferred

3.9%,

5

17% May 17
80
Jan
6

100

Phillips Jones Corp com
5% preferred

8

106% May 22
29% Jan
3

100

——

Philip Morris & Co Ltd common..5

4

106% May 22
18% Dec 29

10O

preferred series A

Jan

29

No par

;

4.3%

93% Feb

Jan

12.50
No par

common

3.8%.

11

30% May 12

1

100

(conv)

preferred

53% Jan

21

5
Inc com

$1 conv preference com
4.4%

29

2

Co

Corp

Electric

69% Mar 23

Jan

100
5

America

Co

&

Phila

19

22% Mar 27

No par

preferred

Phelps-Dodge

30

101

33%c

Brewing

15

6

100

Co

2nd

Dec

May 13

100

Co common

(Chasl

4%

10

3

5

4% %

48% Sep

May 18
37% Jan 14

lo

Peoples Gas Light & Coke
Peoria & Eastern Ry Co

Pfizer

32% Jan

10

J.

Inc

Stores

Drug

50

Co

Penn-Texas Corp

Pfeiffer

30% Jan

g

Pennsylvania Salt Mfg

11

3

100
2

11

Feb

19

Jan

100

RR

38

112% Mar 30

22

25% Mar 17

99

Pennsylvania

preferred
Petroleum Corp
of

Jan

com__.No par

preferred..

15% Jan

20

32 % May 26
104

Light

series

24% May 27

4

11% Apr

19% Mar 25

30

108% Jan

87

May 17

45% May 21
16% Mar 12

28

18

80

156

1

com

preferred

4.40%

Peoples

4

Corp

100

&

4%%

g

Mar 26

Sand

Power

32% Jan

Dec

6

Glass

7

30%

*24%
28%

*28%
*28'%
82 %
43%
*46%

81%
43%
*46%
*106%
41
105%
*106
16%
48%
15%
*31%
*152%
43
15%
55

297/8

2%
*10%
38
35%

28%
28%
82%
43%
48

*28%
*28'%

*44

30%

7%
4

25

25

5preferred

35%

*56%

45%

3%
10%
38 %
35%

*24%

.25
Corp

10%
x38

59

7%
4

3

*56%
*44
30%

38'%

25

No par

Cement

4

18%
86
8
25

38%

*24 %

Co

15% May 10
15

No par
25

C)

(J

50

15% May 21

21% Mar

Telep icommon

preferred

5

May 21

25
No par

preferred

2

Mar 18

49

38% Aug 21
00
Sep
8
17% Sep 13

21% Jun

Mar

11% Jan

148% Mar 16

14

26

23

32 *4 May 27

Sep

14% Dec

8

147/a Apr

Sep 15

28% Sep 11
127
Sep 15

preferred

Ford

*7%

3

5

$1.30

4

,

38%

7%
3"%
3%
10% i 11
38%
38%
35%
35%

5

common

preferred

Penn

7%
32 %
25
34%
38%

$1.32

19

18% Feb

Co

prior

conv

Penney

61
80

18%

18%
85%

*32%

—

*9
9%
3%
3%
xll%
11%
*59
61
79%
79%
102
102
7%
7%
32% 32%
*23%
25%
33%
34%

7%
3%

Penna

May 26

42% Mar 22

15% Mar 25

5

par

47

106% Feb

18% Dec 29

*38%

Peninsular

106% May 11

4

104

2.50

Penn-Dixie

13

25
34

1

No par

Proof

Mines

Penick &

$1

Corp

Co

Transportation
No
& Enterprises

Parmelee

5%

7%
31%

1

Co

&

Rust

43% Mar 23

Apr
35% Jan

105

35% Mar 18

Davis

Parker

Corp

—

9%
3%
11%

*101% 102%

100
1

Distillers

& Tilford

Parke

29% Jan 29

i

1

14

[

25% Apr 13
29% Mar 5

8

9

81% Dec

29

May 26

5

Corp

Peabody Coal

37% Jan
15

Transp

Pipe L com__No par

Pictures

30% Jun 10
33% Jun 16

Dec

&

11%
*60
79

1

preferred

Panhandle

14

32% May 25

26% Jan

*9
3%

No par

Airways Inc

35%
35%
26% 27
125'% 126%
145% 145%
x4%
4%
32%
33%

—

—

10

:

Car

Apr

102% Mar 19

common_4

issued"

"when

Motor

63

1

Corp

Oil Corp

preferred

47c

47% Jan

2

100
100

Consolidated

45%

35
35 %
26%
27%
126
126%
*145% 146%
4%
4%
33'/a
33%

No par
No par

52% May 25
88% Mar 25

Mar

64% Oct
•1

9

11% May

Corp

Pacific Western

4

3% May 10.
9% Jan
4

&

preferred

Pacific

Common

9% Jan
6% Jan

«% Apr 16
3% Dec 28

Corp
Electric

Pacific Telep & Teleg com

146

4

4% May 18

47% Mar 31

common

36% Apr

4

137% Jan

Co

Finance

Jan

8% Jan 28

Coast

com

preferred noncum
preferred noncum.

1st
2nd

33% Feb

119% Mar lo
142% Jan 22

Inc

conv

Pacific

23

Mar 17

310% Sep 22
129% Jun 25

cum

32% Apr 30
43% May 27

114% Jan

34% Dec 31

22% Nov 25

May 17

Products

Pabco

,

79%

35

80%

*34%
so y8

35

1,900

100

82%

8,900
4,700

9%

9%

9%

9%

9%

74%

75%

75%

75%

"75 %

35 %

35%

35%

35%

35%

3,300

37

37

37%

37%

4,400

37
87
87
26
26
27
27
x26% 27
x27%
27%
x99
99%
*104% 106
x49%
51%
63%
64%
*108% 110

37
37 %
87
87
26% 26%
*26
26%
26% 27%
27% 27 ,8
*98
99%
*104% 106
49% 51%
63% 64%
*108% 110

29%
30
*152
154
x23%
23%

29% 29%
*152
154

23%

23%

120

86%

180

26%

26%

26%

700

*26% ,26%
27
27%

26%

26%

400

86%
*26

27%
-

*98

*104%
51%

86%

86%

27%

22,000

27%

27%

27%

16,000

99

97%

97 %

106

*104%

51%

63 %

64%

108%

108%

29% 297s
153
153%
23
23

26%

51%
62%
*108

29%

190

106
51 %

12,100

63%

12,000

110

29%

152/4 15- ■■*

23

23

300

2,900
340

1,900

R
Nov

19

29% Jan

Jun

gj

18

22% Jan 11 V 28% Apr 30

70

2

76

r?7 2

3% Sep

J®

E?

35% Dec

4% Jan
-

6

-5% Dec

15
30

Jan

4

96

®

Ftor footnotes




NoT

see page

28.

4

2% Jan 28

1.

47% Mar 25 '

Jan

:

4% Mar

84% Feb, 11
'f>

1 »

90% Jan 12
37

Jan

4ir

J

6% May 20
6% May 13
99% Mar 29
45% Apr 27

Radio Corp of America com__No
$3.50

1st preferred—

RKO Pictures Corp

par

No par

_—l

RKO Theatres Corp
1
Ralston Purina Co 3%lo pfd—100
Raybestos-Manhattan
Nonar

27% ' 28
80%
6%
6%

*79%

6%

*97
43%

6%

41,100

27%

27%

27%

27%

27%

27%

27%

27%

79%

79%

79%

80 %

79%

79%

78 %

78%

800

6%

6%

6%

6%

6%

6%

6%

6%

6%

14,900
34,500

6%

6%

6%

97%

97

97

43%

X43

43

6%
♦96

42%

6%

6

6%

97 %

95%

96

♦95%

96

210

42%

*42%

43

*42

43

700

25

s

26

The Commemal and Financial Chronicle

(2386)

NEW YORK STOCK RECORD
Range Since Jan. I

Year 1958
Lowest

Lowest

Highest

9

36% Dec

22
6

16% Oct
12

Sep

4

Dec

54 % Apr

„1

33%

343/4

33%

34%

34%

33%

34-%

34%

36%

*35%

36%

*35%

36 Va

36

36%

35%

8% Jan

11

10%

11%

10%

11%

10%

11%

11

11%

11

26% Jan

13

29% May 24

11%

28'%

29%

28%

29%

29

29

23 %

23 %

39% May 14
34% Apr 19
31% May 6
18'% Apr 19

*3.1

41

8

36 Va Feb

1

6

303% Jan

28

€

26

16

5

Mar

Feb

16% Jan

4

12 % Apr

27

16

7% Mar 20

4% May

14

J-an

19

4%

62% Jun

56

1

19% Feb

2

Jan

23

97

Silk

Reed

Roller

Reeves

Jan

11

34

May 28

Republic

Aviation

3

Jan

43/i May 24

Republic

114

14

56

80% Jun
98% Dec

31
5

107

14

-5

123

50

12

Jan

9%

15

Apr

3.1

200

*33%

34%
31%

%

34 %

600

*30

*30 (a

31 (a

*17

17%

16%

17

1,500

13

13%

13

13

1,800

17

*16%
xl2%

,

17'A

12%

13

*55%

57%

183/4

25%

*55%

19%

*94 %

953/4

4%

9%

39
34

18%

56%

18%

*4-%

5%

*25

*4%

25ta

9 %•"

-55%

18%

5%

*25

*4-%

25%

9%

9%

25

56%

55%

55%

18%

Corp

19%

18%

36

95%

26%

26%

26%

27

26%

267a

30

31

30

31%

31%

33%

32 Va

33%

32%

34

4%

—50c

43/4

96

4 %

*95

4%

4%

13%

96

*95

4%

4%

4%

11%

11%

11%

11%

11%

11%

58%

58%

59%

59%

59%

59%

*120%

conv

Inc-—_—
Metals Co com

Reynolds

72

May 27
6% Apr. 29

No

Reynolds Spring Co——

123

123

123

123

5,300
40,100

300

123

46%

47 3/8

47%

48%

47%

43%

47%

47 Va

3,200

63/a

6%

6%

6%

6%

6%

8%

6%

6%

16,900

71%

71%

703/8

*___10

69%

53/4

5%

1

39
*46

Common

*122

473/8

69

par

——

122 %

03/8

Reynolds (R J) Tob class B—__-10

40% May 18
483/4 Mar 4

122%

40,000

12

597 s

463/4

-2.50

Drug

123

150

3,300
82,409

4-%

11%

No par

58

-

20

24,800

13

4%

11%

com

/

95%

26 34

*95

-N.

2,800

1

56%

263'.,

preferred——10

Corp

—

9%

27

58%

Steel

300

25%

*9%
*55%

11%

Rexall

100

5%

*25

9%

26%'

50c

51

39

5%
39%

*46

51

Mar 16

81%
973/4

Jan

13

88

Feb

10

Preferred

3.60%

series—,——100

*83%

84%

*83%

Jan

14

104

Feb

5

.Preferred

4.50%

series

102%

102%

*101%

-.100

70%

534

39%

46

5

40

33%
31

prior pfd series A—100
Revere Copper & Brass—No par

5

Jan

*29

33%
31

58%

6%

1,800

34

—1

._—_

convertible

Republic

May 27

7%

4'

35% Feb

Aug 10

Jan

8

4%.
*25

9%

25

lite

-4%
25%

*9

preferred

Motors

$1

May 28

59% May 26

24

51% Jan

58% July 21
90% Jan
5

Dec

Mar

12

6% Apr 27'

Jan 16

48

11

373/4 Feb

9% Mar 20
49

4

26-

$4.50
Reo

6

*4%.
*25

5

Pictures common

67/a Apr 22

21

10

Remington-Rand common

Mar 26

600

61,700

2J

*28%

V—1

Apr

47 3/s Jan

363/4 Dec 22

12%

100

28

4

10% Jan

30

Xl6%

12%

series

pfd 3 % '-/t

100

4% May 18
3

115% Mar 17

17%

12-3,4

No par

22

52% Mar 17

17

common

11

11% Jun

427/a Oct

19% May 24

*31

preference

Corp_

Co

18

17
14

13

Conv

Mfg

Jan

2% Sep
9% Sep

31% Apr
5% Feb

59 % Jan 20

31%

No par

L

23,700

31%

33%

34%

*31

1..50C

prior

Stores

Reliance

41

*40

34

Co—

&

div

Reliable

Co

41

*33%

_5

Inc

Bros

(Robt)

$1.25

8

12

Bit

*40

preferred--..-50

Mills

19

12

10

Jan

10% Jan

2nd

Hosiery

14% Jan
93% Feb

19% Jan

14

29

May 13

237/a May £5
27
Mar 18

40% Sep
108% Jun

2

common

noncum

,

Real

27

7

Apr
8% May

Inc

32

5% Mar 19

3

25

26

14% Jan

7

Shar23

36

31% Feb

29

the Week

35%

*35%

23

4% Sep

Friday

May 28

preferred __A—
—25
Raytheon Mfg Co
5
Reading Co common....
—50
4'/<. noncum 1st preferred—50

22% Mar 23

18

423/4 Sep

Sales for

Thursday
May 37

Rayonier

157/8Jan

6

15

Sep 14
Aug 14

18

PRICES

35% May 28

36

13% Sep 21
84

SALE

May 26

36% Apr 21
11% May 26

29% Nov

Sep 23

9% Dec

HIGH

Wednesday

May ',15

4

Reis

25

AND

Tuesday
,

4

41% Feb

24

12% Jan

.

33% Jan

15

31% Dec

May 24

25 % Jan

343/4 Jan

26% Oct

Monday
Par

31% Jan

353/8 jan

28

Sep

STOCK

EXCHANGE

5

14

8

YORK

LOW

15
14% Mar 18

Sep

307/« Dec

22

NEW

Highest

Monday, May 31, 1954

«•■*»•«-*»* «

STOCKS

Range for Previous

...

85

102%

71

5%
39

6

6

39%
51

*46

72

*83%

84%
102%

6%

39%

*46

101 %

70%

6

-

333t

337s
*46

51

33%

33

83%

101

101'A

100%

.

71%
6 %-

7,800

2,300

• •

22,800

39%
51

83%

400

101%

950

9

22% Sep

14

22

Oct

Jan

5

26% Dec

65,

9

11

6% Apr 23
11% Dec 31

27% Mar

20% Dec

29

16"% Sep

15

223/4 Oct

7

35% Jun

20

593/4 May 21
27
Mar 22

Richfield

10% May 13

Roan

14% Mar

Robbins

Apr 29

44% Mar 10

9% May
21% May

41

21% Mar

17% Jan

22% May 28

3

3

24

253/4 Aug 14
43% Dec

23

Ritter

41

7

Jan

12

Jan

14

5

22% May

29

21% Nov

9

24

149% Dec

11

148

Jan

8

228

92

Jun

2

96

Jan

18

105

Dec

17

10% Jan

13

30

14% Dec

29

22% Jan

11% Dec

15

32% Jan

23

40% Dec

93% Nov

9

30%

Oct""V

43% Jan

4

17% May

7

Rohm

14

4

% Jan

8

70

211

Sep

15

5

211

Apr

5

280

May 24

150

May 26

Sep 14
23% Mar 25

123

Apr

9

150

May 14

20 Va Jan

12

9

96

Nov

12

93% Jan

14

27

Jan

13

24

Feb

10

11

Jan

4

14% May
15% Mar

0

28

Jan

6

17

Mar 23

54

Jan

16

70% Dec

85% Jun

1

91% Jan

Jun

29

81% Jun

30

98

Jun

19

15% Jun

10

105

18

24% Dec

98

4

3

23,100

277a

2,800

Feb

Preferred

15

Louis

St

5%

273/4 May 18

St

100

1st

9

69 3% Jan

4

89

8

2

85% Feb

8

3

1023/4 Jan

15

3

17% Jan

5

Scott

93% May 10
95% Apr 19
Feb

105

107

Mar

20 3/4 Apr

2

74

Jan

14

Jan

4

55% May 26

15

26

7
9

$5.75

Jan

4

27% May

103% Nov

9

102

Jan

5

106% Mar

85% Jan

8

1303/4 May 24

17% Mar 24

13

7

18% May 24

62% Dec

57% Mar 16

65% May 20

Sears

1

3

26% Mar 27

83/a Sep

15
13

143/a Feb

28

60% Oct 27

80

Apr

14

35% Sep

18

42% Dec

3

32

Sep

15

43% Mar 16

8

Dec

29

24% Dec

22

21% Jan

12% Mar 12

Oct

Jan

7% May
7% Jan

12

26 %

10% Feb

13

57 % May 27

69% Jan

26

40

51% Apr
8
37% Mar 11

11% Mar 25

27% May
8 Va Jan

4

9% Jan

6

25% Jan

4

29 % veb

26

51% Apr

0

47% Apr
15 3A Jan

$4.50

Sharon

34

20

29 % Jan

4

37

30

43% Mar 20

36 % Jan

6

39

30% Sep
33% Oct

11

43% Mar 20

32 Va Jan

4

42

Aug

5

35% Jan

4

23% Sep

29

37

Jan

8

25% Jan

5

36% May 28

Smith

Dec

22

17% Feb 27

38% Oct

21

583/4 Mar

42% Oct

15

70% Feb

13

-

Sheraton
Simlonds

1

Oil

(A

41

May 24

3%%

40

4

47

May 24

4.20%

May

5

9% Feb

Smith

9

O)

preferred
preferred

15% May 3
20% May 21

Smith-Corona

Smith-Douglass
Socony

14% Sep

14

213/4 Mar 20

153/4 Jan

4

21

165

18

5% Jan

4

6% May 24

South

Amer

14%. Jan

6

17% May 27

South

Carolina

49% Jan

8

54

40

1
5

Dec

16

33% Jun

9

13% Sep
22% Jun

15

16% Feb
27% Feb

24

Jun

5

333/4 Feb

10

35% Dec

29

29% May

S

11

Jan

13

6
11

37%

15% Jan

5

■433/i May 26
Mar 15
17

'25% May
28% Feb

2

36% Jan

493/4 Mar 18

4

11

6

39% Jan

36% Sep

21

40

37

Jan

5

80

Jan

14

May 21

80% Oct

2

11% Dec

11

15% May 25

43/a Dec

31

73/4 Mar 17

4

4% Dec

29

73/4 Mar 25
107
Dec 21

95

103
44

Oct
Feb

2

18

12% Jan
Apr

Spear

55 Va Mar 31

2

12% Sep
353/4 Sep

14

193/a Jan

14

49 '/a Mar 20

5% Sep

14

43% Jan

11

9% Mar 19

6% Jan

52% Dec

4

29

27
4

Jan

13
19

69% May 24
1033/4 Jan

27

17% May 17
63

Apr 26

8% Jan

14

67% Mar 23

213/4 Aug 31

53% Jan

4

61% Jan

7

31% Jan

25

243/4 Jan

11

36% Apr

30

293/8 Mar 18

Sep

15

6

803/4 May 5
12% Dec 29

91

10% Sep

28 Va Jan

Feb

6

-

89%

*89%

28%

90%

28%
*89%

*103%

105

*103%

20%

*19%

20

*19%

80

*

00

*78

105

19 %

*78%

78

%

29

29%

89%

90%

103

105

*103

20%

*19%

20%

*19%

80

*78

80

*78

91

40

100

80

53%

54 %

54%

55%

54%

55%

55

55%

26%

27

26%

26%

26%

27

26%

27

26%

27 Va

25%

8,000

4,000
140

*106

106%

Xl26%

129%

*128

130

17%

,17%

17%

17%

17%

17

17%

8.200

64%

64%

64%

64%

65%

64%

64%

11,100

25%

25%

25%

25%

25%

25%

*25%

25%

8

8

7%

8

7%

8%

8%

8%

6IV2

6IV2

*61%

48 Va

48%

32 Va

32%

8%

8%

*106

106

X64 %

106

128

3,100

20%

54%

106

r

104

*89%

89 %

103%

29%

54

25%

106

8

7%

7%
7%

57%

48%

48%

47%

4

32

32 3 a

31%

33%

8%

8%

x8%

27

27

27

*26%

48%

49

48%

49

48%

_,_1

17%

18

17%

17%

17%

60

48

33 %

8%

8%

>

25,500
380

43'A

49%

13,200

30%

33

14,000

8%

8%

59

8%

1,490
400

*25%

27

*25%

48%

48%

49

43 ('4

43%

16,800

17%

17%

17%

17%

17%

7,400

9%

9'A

12,500

34 3 8

34%

27

8%

8%

8%

9

9

9%

34%

34%

34%

34%

35

35

35%

38%

*37%

38%

39

39

38 %

33%

44

44%

43%

44 Va

44

44%

43%

44%

48%

49Va

47%

48%

47%

48%

48'A

34%

35%

34

3 4'A

34

34%

35

5

8 %

8%

8%

8

8%

7%

1,100

7%

43%
34

38%

9

1,200

7%

7%
53%

34 Va

8%

3,200

58

57 %

8'A

123

x7%

7%

63

106 Va

126 %

3

7%

*7%

27

8%

26%

3,200

33%

500

43%

43%

27.600

49 %

49

49%

14,300

35%

35%

36%

5,500

8%

3%

9 (A

*33

9.600

100

40

41

*38'A

39

38%

40

38

40%

33

41

1.340

45%

47

♦44

44%

44%

44%

44

45

45

46

1,000

14%

14%

5

20%

.20%

15

Inc

43 %

44

.1

17 Va

17%

16 3/4

pfd—100
1

*161

14%

14%

14%

14%

20%

20

20%

20

20

3,500

43%

44

43%

44%

43%

44

49,100

17%

17

17%

17%

17%

17%

17 %

*161

168

6%
16%

17

53%

53%

6%

200

31V8

3.000

42%

42%

16%

16%

16%

26%

26%

26%

26%

31%

32

31%

31%

x31%

44%

44%

43%

44%

43%

56%
43%

54%

43%

31 %

31%

31

36%

36

"a

36 Va

42%

43 %

43%

43%

43%

43%

43 %

17,300

16%

16%

16%

16%

16%

16%

16%

22,400

26%

26%

27

26%

27

31%

31%

31%

31%

31%

4,700

44

42%

43%

42%

43%

32,500

55%

55%

26.800

43 %

43%

3,300

55%
43 7 a
85

& Bros Inc

—1

14

14

14

14

6

53 Va

36 %

*83

common

*52%

37 %

85

Co

53%

31%

*83

No par

9,700

53%

31%

,_100

No par

8,965

17%

54

*53 %

5%

6

*36%

ctfs

Co—

5%

17%

42%

55%

167

17%

31%

43%

*160

5%
17%

37

26%

168

6%

17%

37

5

*161

6,000

x5%

31%

25

168

2,000

16%

31%

Elec__No par
Co—
^7.50

.

*161

37

Edison

tr

14%

20%

43%

54

*36%

No pax-

14%

20 V*

6 Va

31%

25

(Del)

1434

20%

16%

*51%

&

1434
433/8

167

6

16%

54%
43%
*83

55%

55%

56

43%

43%
85

43 %

*83

13%

13%

13%

700

2,600

35%

*83

85%

13%

*13%

14

800

4%

4%

4%

4%

4%

4%

4%

4%

4%

4%

*4%

5%

*4%

5%

*4%

5%

*4%

5%

*4%

5%

*80

95

69

69

*80

*

95

*80

95

*80

95

*30

3,700

95

Va

68%

68%

68%

69 Va

68%

68%

67%

100

*102 %

103%

*102%

103 >/a

*102 V4

103%

102%

102%

*102%

103 V2

1

16%

16%

16%

16%

16%

16%

16%

16%

16%

16%

4.200

1

.

61%

62%

61 Va

62

61'A

62

X61%

61%

60 %

61%

9,800

7%

9,400

2

common

pfd (stamped)-No

7%

7%

7%

7%

7%

7%

7%

7%

7%

67

V2

1.900
10

pax-

57%

59

x57%

57%

57

57%

57 %

57%

57%

57%

380

5

35 %

35%

34%

35;%

36%

35%

34%

35%

34%

34%

6.100

No par

32%

33'A

33

33%

33%

34

33%

33%

8,800

—No pax-

87%

14% Jan

27

14

Standard Coil Products Co Inc_
1
Standard Gas & Electric Co-No par

preferred

23%

29%

—50c

Square D Co
$3.50

89%
*103%
*

28%

1

common......._____ 1

Brands

70

'

28%

65

133/a Apr

4

28

104

643/4

Platinum

preferred

$4.50

10

90

*102

17

Spencer Kellogg & Sons
Sperry Corp (The).
Conv

*89

103

18'A

common

4,700

90%

90

103

10

Gas

Chemical

M39%

*89

103

16 3/4

)

Co

(A G)

Spiegel Inc

90%

89

*102

No par

preferred

Spencer
4.60%

90

90%

89

102

102

128%

1

90

12%

91

*90

126

Standard

86% Jan

For footnotes see
page 28.




Natural

Co

91

11%

—

—_

Withington
&

$5.50

90%

91
103

*90

1303/4

par

34% May 7
92% Mar 30

5

91

11%

106%

12% May 17

11

17% Jan

1

12 Va Jan

20 % Mar 18

15

x90%

_

6% Apr
106

2,600

12,409

G Co com_4.50

Mobile '& Ohio stk

Sparks

11%

11,600

—50

(The

Pacific

Spalding

1.400

19

Southern Railway common—No par
5%
non-cum
preferred
50

5% Jan 20

4,900

24 %

12%

Inc

E &

Co

5

May 18

101 % Apr
14
Jan

.

15%

24%

A

Co

California

22

98% Feb

5

56% May 24
45 % May 10

15%

No par

&

Gold

Indiana .Gas

Southern

15%
24%

18%

Porto Rico Sugar com_No par

South'n

15%
24%

12%

,

Southern

May 27
32% Apr 23
45% M«.r 5

50

101

15%
24%

12%

No par

preferred

South

*100

15%
24

11%

No par

Southern

27

83% May 21
14% May 4

4% Mar 16

60% Dec 22
101% Dec 10

8%

99 %

99 %

100

15%
24

19

preferred

South

38 % Mar 29

11

49% May 20

Mar 30

18

Jan
Jan

11

73

373/4 Jan

5%

100

15%
24

*106

Solvay American Corp 4%

1

34

393/a Mar H

Sep

•

Mar

30

100

153/a
24 %

15%
*24

11%

Co

138% Feb

33

38

Aircraft

27

Apr

*99%

32,300

26%

12%

Inc.

Vacuum

Mar 20

53
May
53% Feb

23

Solar

Mar 23

100

*99%

——_25

Oil

1

165

26

18%

Co__

Co

45% Apr

26

160

175

*135

26%

100

4

31

*265

165

26

11%

——

4

Oct

275

*135

27

1

Inc

)

12

32% Dec

*265

180

26%

18%

Corp..

(Alexander

35% Jan

47

275

*135

27%

5

——

13% J an
15% Jan

7% Feb

275

180

26%

12%

Corp—

1

15

285

*130

273/8

No par

5

1403/4 Mar 13

*275

180

6,300

18%

Steel

37% Jan

2

67

12%

America

of

&

18% Jun

18

43.700

66%

21

13

—

8

14

1,300

26',3

67 %

26%
67%

25%

68%

20%

19

____

18

4% Sep

20%

25%

x67%

—No par

Pen

30

11% Jan

20%

26%

69 %

No par

Sep
Jun

24%

X26 Va

68

12%

Gas

Dec

121

21%
27%

x20%

26%

68%

No par

143/g Dec

6

21

26%

68

18%

Co

30

21% Mar

21%

26%

—7.50

Skelly Oil Co

6% May 6
35
Apr 23

25

*21%

*11%

Co—

&

A l

Co

10 800

13%

Corp

Saw

39%

280

com——5

Co

&

Corp

Simmons

Feb

39%

19%

common

Mfg Corp

May 10

39%

39

3.300

11%

Co

Sinclair

14

44% May 25
50% Mar 29

9% May 27

260

92

104%

27

—No par

(W

Sheller

May 24

38%

7,500

45

104%

12%

jfFrank G)

Oil

38%

44%
*91

91%

104%

19%

preferred-No

Sheaffer

15

18

39

105

270

5

Oil

Steel

35

8

38%

104%

104%

*135

40

Shattuck

Shell

29

105%

45 'A

300

11%

common

Shamrock

28 % Sep

Mar 15

105

4,800

15

5

preferred

173/4 Jan

7

39%

100

Co

Rubber

Inc

15

Jan

38%

Co

Refrigerator

13% Sep

Dec

104%

—100

Co

Roebuck

Servel

5

5

91

34%

*14%

14%

—No par

—

fund

Oil

Seiberling

15

26% Feb

4

sink

Seeger

3

9% Jan

4

45

91%
104%

No par

Finance

Seaboard

Apr 30

5
4

Jan

45%

91%

3.200

15c

Seagrave Corp

Aug 13

45

92%

_——

24

90

45%

,16%

34%

34

*14%

16%

.-1.40

,

Inc

preferred
Air Line RR

8

17

11

3.35%

19

33%

14%

44%

__100

Corp

Dec

29

7

series A

Industries

Seaboard

Feb

3 4'A

_

17.300

7

5

Corp

Seaboard

81

14%

300

105 V2

6%

100

preferred
Scranton Elec Co (The)

42

33%

15

2,400
15,800

*101

7

16%

92%

Ry Co—100

common

conv

29

34

44%
21%
205

16%

92

283/4

793/4 Jan

16%

16%

21 %

*197

105%

6%

16%

44%

44%

21%
198

*101

7

453/,

15

*101%

45% July 31

20% Sep

Co

preferred

15

33%
*14%

105 %

91%

100

—

& Electric Co
Electric Co—

4.30%

16%

.

45%

Scovill

2

7

33%

—No par

$4

*101

7%

16%

Mfg Co common——_—25
3.65% ' preferred
100

26

29% May 26
89% Mar 23

14

56% Apr

5%

preferred

36% Sep
21% Sep

12% Dec

A

Paper Co common

$3.40

105%

7

44'8

20%
193

5

preferred

Arms

0

*101

43%
20%
205

33 %

10

Savage

20%

*14%

10

12% Jan 26

43%
*197

10

common..

4.40%

pfd

20%

1

;

Sangamo

Schenley

4

16%

43%
200

73/8

San Diego Gas

Sobering

Jan

105%

7

26 3/4 Mar

19

25 % Jan

*101

200

5

Southwestern

20

102

203

1

new.

series

noncum

14% Feb

May 26

(The)

43%
20%

20%

203/4

100

—

36

42%

42

*200%

-__20

common

May 26
15% Apr
8
5

,,

1

Regis Paper

68% Jun

993/4 Aug 24
72
Oct
6

Co

Haas

Stores

22% Jan

86% Feb
17% Dec

3,900

2278

27

preferred

4

Feb 25

Feb

36 %

21%

27

Typewriter

17% Apr 28

12

110

35%

21 %

26%

Corp

11% Jan

313/4 Jan

\

36

20%

convj preferred
—100
St Joseph Lead Co
—10
St Joseph Light & Power—No par
St L San F Ry Co common__No par

20
27% May 25

62

15

35%

20%
26

4:30%

22 % Apr

18% Jan
23 Va Jan

2

22

36

20%
25%

preferred series A—

4%

11

1,700

20%

Safeway

96% Feb

2,400

13 %

25%

&

4%

10(8

20

46% May 13

30

15

35%

10

13%

25%

1053/8 May 11
39% May 27

77% Feb
312
Jan

Sep

36 3A

500

10%

13%

25%

28

193/4 Nov 24

Sep

14%

13'A

(Jacobt

333/4 Jan

11

10%

13%

25 5/a

Co

14

10% Dec

10%

13%

conv

Ruppert

29

20

j*10 Va

13%

4,300

37%

Ruberoid

29

Sep

10%

13%

2,900

58
23 %

20

7

Sep

,

10%

31%

57%
23 Va

19%

9

Dec

21

10%

31%

59

23%

31%

53

37

16% Mar

16 % Jun

91% Sep

*10

31 %

*23%

___50

34% May

38% Jan

160

24%

13%

Royal

61

15

58%

23%

preferred series A

Ronson

19

22

17 % Sep

31%

58

24

—20

5

143/4 Jan

5

31%

5834

24

common

883/4 Jan
4
103% Apr 30
31% Jan 11

18

12

Jun

93/4 Feb

33'/« May 21
13% Feb 19

17% Mar 23'

81•

6% May 27

31%

58

31%

preferred—25
Rochester Gas & El Corp.—No par '
Rockwell Spring & Axle Co—-—5

Mar 29

105

0% Sep 24

4

Inc

31

59%
24

Mines.;.—_

Copper

Mills

5%%

May 10

18% Jan,

^

Roberstshaw-Fulton Controls com„1

27% May 28
44% I'-ar 5

Apr

18% Dec

Antelope

31%

59%
*23'%

—1

Co

Corp—

Company

4.50%

May 18

115

Oil

No par
No par

Manufacturing

33

•May

73/4 Jan

9% Dec 18

Rheem

12
11

25% Jan
48% Jan

297/a Mar 18

14

433/4 Sep

Inc
—

com

"

-

33%

33%

87 3A

87%

88

87

87

*87%

88%

12%

13%

12%

13

12%

13

12%

13

12%

13 Va

5.500

13

13

13

13%

12%

13

13

13

*12%

13 V8

5,200

x87

87

/

.

260

Number 5329

Volume 179

...

The Commercial and Financial Chronicle

(2387)

NEW YORK STOCK RECORD
Range for Previous

STOCKS

Year 1953
Lowest

49% Sep
65% Sep

Range Since Jan.

Highest

Lowest

i

NEW

1

YORK

STOCK

Monday
Par

59% Jan

5

52% Jan

Oil

81% Jan

2

68 % Jan

64% May 21
83% Apr 19

Standard

15

Standard

Oil

of California—No par
of Indiana
25

90

Mav 27

Standard

Oil

of

New

Jersey—__15

42% May 12
102% Mar 11

Standard

Oil

of

Ohio

common—10

67

Sep

15

78% Jan

5

71% Jan

Sep

21

38% Jan

5

32% Jan

May 11
8% Dec 30

100% Jan

12

94

8Vo Sep
40% Feb
10% Dec

30

32% Jan

99

13% Mar 26

17

4

Jan

8% May

12% May 11
47% Dec
7

10% Feb

3%"c

preferred series A
Ry Equip Mfg Co

100

63%

64%

64

81%

81%

80%

88%

88%

88%

40%

40%

40%

*100

SALE PRICES

Sales for

Thursday

May 26

88%

40%

HIGH

Wednesday

May 27

the Week

Friday
May 28

Shares

64%

100%

*100

Standard

1

8%

9%

9

Stanley Warner Corp

8

AND

Tuesday
May 2ft

May 24

21

31

"Continued—Page It
LOW

EXCHANGE

Highest

5

16%

17%

64%

64%

64

81%

81

81 %

81 'A

82%

88%

89%

89%

90

40%

40%

40%

41%

40 V2

99%

99%

*99%

101

200

8%

9

4,500

100%

100

9%,

100

64 Vb

64%

17,100

82

82%

21,800

90%

9'

64%
90

50,900

40%

14,800

9%

8%

16%

9

16%

17

49%

50

35%

36%

*11%

11%

87

39%
95 %

26%

Jun

24

94% Jan

36% Jan

2

50% May 24

Starrett Co

50

50%

49%

50

36% May 24

Stauffer

10

35%

36%

35

35%

35%

36

12'A Feb

Sterchi Bros Stores Inc

1

11%

11%

11%

11%

*11 %

40% May 20
97% Mar 31

Sterling Drug Inc
3%'/v preferred

5

40

40'%

39%

40'/a

39%

40

39%

94%

94'%

94%

94%

94%

94%

*94%

22 %

14

23

.

11% Jan
36% Feb
91% JaD

17% May 25
38
Dec 2i

25 VB Nov

•

11% Jan
42% Feb
30% May

5

30'A F«b

Stevens

27Vb

27%

27 '

27%

27

27%

27Vb

27%

19%

20

19%

20

19%

20

16 Vo

16%

16%

16%

16%

16%

1,100

12%

12%

12%

12%

12%

12%

5,600

18

18%

18

18

18

18

24 'A

24

24%

11,500

16%

16 %

18%

65,000

37%

37%

2,300

9%

6,200

17% May 20

Apr

18

15

(The) L S

Chemical

(J Pi

__No par

Co

_

common

100

& Co Inc

16% Sep

14

23% Feb

2

iqi/„ Feb

16

12% Dec

29

17% Feb

2

13% Jan

4

<10% Sep

15

16% Mar 11

12

1

18% Nov

9

17% Jan

20% Dec

15

28% Jan

9

21% Jan

4

25% May 20

23

43% Feb

2

14% Apr

28

23

Studebaker

26% Jun

10

38

Dec

14

30% Jan

11

39% Apr

28

Sunbeam

8% Sep
Oct

2g

10% Mar 13

8% Jan

4

10

Feb

10

Sun

92

20

99

Feb

2

89

Feb

1

95

Feb

8

68% Nov

18

82% Jan

5

69

Jan

7

76% Mar 15

113% Jan

7

117% Feb

8

Class

20'A Apr

19

Sunray
4 % %

15

Stone & Webster

20

16% July
Dec

110

July

15

117

7

6

Jan

■'si

14

21% Mar 25

16% Jan

4

30

24% Jan

26

24% Jan

11

19% Sep

16

23% Mar 26

21% Jan

66

15

73'% Nov

19

71% Jan

10% Jan

29

7

Jan

Dec

22

635

6% NOV
520

17

660

Nov

6

30% Jan

Nov

6

111% Jan

11

14

32

100

Jun

18

113

13

18% Dec

11

16

Feb

2

44 % Dec

14

41% Feb

40

Jan

5

31% Jan

78

30

86

May 22

5

13

91

16

111% Jan

5

105% Jan

14

112

7 % Feb

25

4% Feb

24

Jan

5

17% Nov

8% Jan

20

76

preferred

Corp

Feb

22

$4

Tennessee

49% Sep

18

58 Vs Dec

24

57% Jan

4

74% May 19

Texas

Jan

2

39

11

61

May 21

Texas

Gulf

15

54% Apr
110% Jan

1

78% Dec

5

80% Jan

4

98

May 18

Texas

Gulf

5% Oct

6

5% Oct

15

5% Jan

5

12% Mav 20

Texas

30% Sep

14

42% Feb

24

Jan

4

46% May 21

Texas

Pacific

Texas

Pacific Land

L01

Oct

6

165

Jan

23

106% Jan

11

103

Sep

15
37% Jan 10

138

Mar

107

11

128% Mar 15
119 % Mar 11

30

17% Jan

20

5

13% Jan

7

17

47

7% Dec

31

12% Jan

6% Dec

31

Jun

1% Jan

15

9% Oct
41 %

Sep

88% Jan
Nov

19% Oct

8% Jan

27

9% Apr
7% Apr

22

6% Feb

14

Feb

23

44

39% May 17
1% Mar

3 % Aug

8% Apr

21

15

61% Mar 26

49% Jan

4

63% Apr

97% Jan

2

92% Jan

7

3% Jan

28

1 % Feb

1

29% Mar 27

17% Jan

18

1
27

20

27% Mar 25

14

Jan

23'A

11

21% Mav :

21% May 26
Dec

29

46% Jan

J5

36% Jan

4

42% Mar 31

11% Jun

10

13 Vb Mar 25

12% Jan

5

13% Apr

23% Sep

14

29% Mar 19

25% Feb

35

Dec

13% Sep

10

13% Jan

19

15% Jan

4

20% Jan

13

Apr

19

47% Feb 25
24% Jan 30

42

May 28

15

112% Aug

15% Dec 30

i

87%

108%

1

5%

5%

*14%

15

15

15

16 Ve

16 Va

16

16

16

16

16 Vo

16 Vb

60%

613A

60'A

61%

59

61'A

59 Va

60

59

25

72%

73%

73 %

73%

73%

74

73%

74'A

73 'A

73%

10

Oil

*14%

15

15

59%

60'A

59%

60

59%

60%

95%

96 Vb

94%

96%

94%

94 Va

7,900

10%

9%

10%

10%

11

10%

10%

49,900

46

46%

45%

45%

45%

46'A

45

45%

14,100

120%

121'A

120 Va

122 Va

120

121%

116%

117 Va

*115%

117%

*114%

118%

400

52%

52%

52%

52%

52 VB

10,600

8%

8%

8%

8%

13,500

45

46

Trust—

15%

xl5%

preference..

No par

*9%

No par

,

:_100

—

com—No par

Co

preference

7%

1

common

No par

——

*40
,,

9%

*9%

7 VB

%%

7 VB

52 V8

9

X52

8%
15%

16>A

16 Va

46

16

.1—10

1
9

Jun

8

41% Jan

5

47

9% Mar 20

6% Jan

4

'9

;

7 Vb

*7

Mar 31

5%

cbnv

*7

3%

*40 Va

3%

3%

3%

3%

4 Vo

4 Vb

9%
800

7

41'A
4

5,100

Vb

9%

100

60

61 VB

60%

61%

x60Va

61

61

61%

61 Va

62'A

4,500

*99

99%

99

99

X99

99

98

98

97%

97%

130

*9

9%

2

9

2 Ve

24 VA

9

2

24 %

2

23%

23%

*8%

9Va

*8%

2 Va

*2

*23%

*8%

9Va

1%

2

2

23 Va

24

3,200

2

23

23'A

700

23

20%

20%

20%

21'A

18.400

21

21%

21 %

21%

21'A

21%

21%

*21V4

21%

*21 Va

21%

100

41%

41%

41%

41%

4,500

12%

13

13

13 Vu

7,200

32%

32 Vb

15

15%

15%

15%

16%

16%

*16%

17'A

700

20%

21%

21'A

27,100

110%

111'A

110%

330

17,300

41

41%

41'/a

41%

13 Va

12 VB

13

13

13 Vb

31%

32 VB

32

32 Ve

32

32%

2
Inc

—

:

—

prior

*9%

9%
7

7

41 Vb

41%

No par

%

£

i

110%

110%

f

111'A

111

32'A

21

110%

28,900

32%

3,900

1

16%

17Va

16%

16%

16%

16%

50

43%

43 Va

*42%

*42

42 Va

42

42

_1

18%

18%

18%

18%

18%,

18% f

19

19%

19%

19%

50

common

(conv).

series of 1952—

Coach

190

*40%

12%

53%

53 Va

*52%

53 Va

53

53

53

56

20.'A

20 Va

20%

20%

20 Vo

20%

20

20'A

20

20>A

18,200

15

15'A

*15'A

15%

15%

15 Vs

15%

15%

15 VB

15'A

45

45

44%

44%

45

45

45%

*44%

45%

8%

8%

*44%
8%

1,300
1,580

8%

8%

8%

3,200

20th Century Fox Film new..—
1.
Twin City Rap Transit com—No par
Twin

5,100

45%

,

41'A

41%

Tung-Sol Electric Co comnron.i

Mar 15%

2,000

16 V4

45 Vb

*9%

*9%

...i5

Corp—

Co

1.5%

16 VB

46

*40%

No par

(The)—„

Preferred series A

15 Vb

16%

*45%

21%

Oii

Rollqr: Bearing—

Airlines

16%

16%

16%

45 Va

9%

3,500

15%

15%

7 Vo

9

41V4

*40

4

119

46

46

41 %

122%

110 Vo

16 Vb Mar

6,100

60'A
96%

9%

4 6'A

Cenv 5%

11,500

95%

16%

V

400

3;900

59%

110%

-

300

16 Va

11%

20%

May 27

14%

*16

96

15%

Coal

14%

15

61

16'A

preferred

10,400

10%

46

Truax-Traer

5%

95%

15%

World

800

5'A

5%

90

60

10

Ry Co

Co

5%

111%

par

8%

Edison

5%

20 VB

•

i__50 '

preferred

Co—

1

8%

8%

17%

xl6%

17 V*

44

*41%.

42%

83A

8%

16%

t

*

t

*54%

300

4,100
270

56

u
10% Sep

14% Feb

14

Dec

29

26
7

Dec 23

38% Sep

-

15

61% Jun

16

19% Jun

16

Jun

4

98

11% May

2

24

7% Jan

4

Jun

18

100% Nov

0

37% jun

10

100

Sep 15
44% Jun 17

39

Sep

23

85

6

46% Mar

Jan

99

31% Apr

24
3

53%

54%

5,000

82'A

82%

84%

22,700

24 Vo

3,300

May 28

25

May 26

Union

Elec Co of Mo common

Feb

Preferred

15

7

94

Apr

20

Carbon.

&

No par

54

54%

53%

54%

53%

54

53 VB

81%

82%

81 %

81%

81%

82

82

10

24%

No par

series.

$4^50

9

108%

24%

24%

108

109

24%
108

103% Feb

24

5
4

504a May 24

*92

89%

88

88

*86%

101%

*100

11

124% May 28

Jan

4

48

43% Mar 17

26

May 14

45% Jan

11

103% Jan

21
106% Jan 29
50% Dec

11

51% Mar

*92

95

*92

95

$3.50

series

No par

*89

90

*88

*100

Union

1

Union

63

.

May 28

106% Feb

"When

3

5%

Car

120 Va

124%

7,600

49%

49%

49%

1,800

54 Va

53%

54

27%

27 %

21 Va

27'A

61

62

61 %

63

50

119%

120 VA

119%

119%

50

49%

50 %

49%

49%

49%

49%

49%

53

53

53%

53%

53%

54

54%

26%

27

26%

27

27 Vo

27 Vb

59%

60 5

a

59%

GO

60

61

104%

*104%

preferred

No par

Co

issued"

Aircraft Corp

convertible

5

common

preferred..100

104

%

120

105%

119%

120

'A

10
40

120'A

49%

49 Vb

*100

21,900

50%

49%

150

101%
49%

99%

49%

49%

900

48%

*100

99%

—25

Pacific RR Co commoh

Tank

United

Apr

101%

.No par

series....

noncumblative

4'',

29
27% May 27

63

$4

88

-

95

*86 Va

-

107

*92

88

No par

Oil of California

107

109

95

series.

Preferred

24%

25

♦107

108

*92

$3.70

Union

24%

25

24%
108

%

95

Preferred

7

Jan

26

102% Jun

54'A

112

105 % Jan

5

50% Jan

9

15

38% Jan

I

44% Aug 13

115% Jan

11%
28

*8Vb

9

Preferred

8

90

11%
27%

8Va

25

21% Jan

87% Jan

11%
27%

8%

Bag & Paper Corp..

104% Jan

3

78% Jun

11%
27%

9

Carbide

2

97

11%
28

*8%

Union

.

6

15-

11%
X27%

Union

18
9

Jan

82% Jun

11%
28 Va

9% Mar 11

16

Jan

11%
28 Ve

9%

55'A May 20

8

70% Feb

24% Mar

11%
28%

8%

—

—

—

84 %

43% Jan

75 V< Dec

11%
28%

Udylite Corp (The)
Underwood Corp
Union

49% Mar 20

110

;

2,400
6,200

1
No par

Asbestos & Rubber Co—5

13% Mar 11

32% Mar 30

7

Feb

27

15
•.13%Jan. 8
55% Jan

49'A

101%
50

900

1,100
35,400

105%

104%

104%

*104%

105%

200

22 Va

*104%

13,800

I
21% Dec

31
17

39% Dec

23

Jan

21

100

July 21

107

Jan

8

107% Apr

20
1

14% Feb

jl

15% •Anr

57% Jan

4

70

3% Apr

23

5% Feb 24
49

Jan

10% Sep

2

15

5

Jan

12

38% May 26

United-Carr

3% Feb

25

70% Apr

29

4% Jan
80% Jan

United

18

53/3 Jan

29

4% Jan

4

27

8% Mar 31

10
Sep 30
72% Nov 13

65

8

12

37% Feb

11% Dec

29

1

Dec

10

Sep

14
15

13% Mar

22

Electric Coal

Cos.

——5

Sep

14
13

120

Jan

9

175

22% Jan

5
20

4

114% Jan

Mar 16

11

175

Jan 25-

U

21

15% Nov 27

35% Jan 23

56% Nov 30

68

9

For foc-truDtcs see Dapc 28

14% Mar 17

18% Jan

28

54% Mar 11

60% May 28

5%
9

9

3%

2,500

72

5%
9

19,400
500

9

9

*8%

68

65

67

65%

65%

67

60

12%

12

12%

12

12%

12

12

8,400

13

12 Va

13

3,700

8%

*65%

46%

46%

46%

47%

64,600

31%

32

32

32%

31%

32%

32

32%

23,200

34%

X34%

34%

34%

34%

34%

34%

34%

34%

13

13'A

13'A

13

13%

13

13%

13

13%

19,300

1%

16,200

65%

5,200

&

Mfrs

Inc

City Mines Co

1

tThe).l

preferred

1%

1%

13

1%

1%

1%

1%

1%

17/B

,

1%
65

No par

65

65 Va

65%

65 Va

66%

No par

*105

105%

*105

105 Va

105 Va

105 Va

105%

105%

*105%- 106 Vi

*104 n

105%

*1043?

105 Va

*•1043?

105%

♦104S?

105 Va

*104gi

27 Va

27%

27%

X27%

27%

27%

27%

147 Va

148'A

3,000

105%

preferred called
S Freight
Co_„__T_
..No par
S Gypsum Co common
.20
7<5> preferred
...100
S Hoffman Machinery com
.5
4%%

*71 VB

5%

31 %

....

U

3%

3%
72

34%

$4.50 1st

U

Apr

5%

31%

Park

May 24

28

182

3%
*71%

__10

Foreign Securities
1st preferred

159% May 17

5%

Improvement Co...13%

...

United

'

3%
72

13

Co

U

May 5

38 %

1,400

47%

Merch

105

2,700

38

12%

United

&

69

38

46%

13% May 26

S

14 Vo

68%

38%

13

11% Jan 12

$4.50

14%

70

38

46%

3

6

5%

14%

69%

12%

Corp

May

12

3%

300

14%

69%

45%

Gas

1% Mar 29

*67

12 Vo

5%

38%
*71%

.

13

Gas

66% May 27

8%

69%

3 34

106

47%

United

106

5%

38'4
72

*104 Va

12%

United

8

9%

3%
*71%

106

46 VA

10

4

5%

X38%

5,800

*104%

5

36

1% Jan

12%

3%
72

1,300

33%

No par

31% May 20
Feb

*8%
*68

38

93

32 VB

l2Va

31% May 24

12




5%

...

10

49% Jan

Feb

1

(Del)

Dye & Chemical Corp com.l
preferred
%—
100

United

3%
♦71 Vb

Fruit

100% Jan

1

Corp

37%

preferred—.100

United Engineering & Foundry

5

31% Jan

68'A

22%

92%

32%

14%

14%

68%

United

103% Oct
Jun

7%

14%

67%

26

104% May 21

159

22

United

30

*14%

19

2% May 12
Jan

Apr

14% J*n

14%

67%

22%

92%

32%

106

*104%

67 %

53% Apr

101% Dec 23

65

72

United

106

*14%

13% Apr

11% Jan

Mar 27

30

17

May 25

May 12
10% Apr 19

*104%

10

Fastener __—No par

convertible

106

22 Vb

91%

32%

32%

22 %

92

22

*91%

No par

Corp.

4

3

14

30% Jun

22

6

No par

*104%

Cig-Whelan Stores com__30c

$3.50

6

No par

45% Jan
4
27% Jan 13

16% Feb

23% July 22

Apr

6

common

of America

Carbon Co

11

58% Jan

95% Sep

United

24

11% Dec 28

46

Biscuit

4% Feb
Feb

44

Sep 28

May 27

Preferred 4%%

31% Feb

17% Jan

32%

$4.50 preferred
i
United Board
Carton

105

16% Mar 20

23

92

32 Vb

United

61% Jan

4% Jun

22%

92

32%

27

Jan

16

86

22

92 VA

92

9
18

40

15
23
2

22%

92

Apr

96% Feb

1'3% Jun

Jan

22

25

11

31% May 20

48% Sep
25% Sep
67

10

series of 1952.100

Air Lines Inc

27

87% Jan

104% Jan

21

United

21 Vb Apr

32% Mar 25
30

Dec

33% Sep

87

v

300

*88 Va

.*109%

1

Co

Co

5%

*110

89

112

88%

88 %

111%

20%

56

'

21,900

60

5%

88%
111%

681/4
111

20%

8

,

4,900

88%

9

Fair

36%

108%

common

conv

46

36

5%

8%

Inc

45%

36 %

20 VB

19% Mar 30 V

400

17

46%

Tri-Continental Corp common—1

1

*16%

17

45%

36%

15'A

22% Mar

>45

*16%

Vo

138

36 Vo

16%
21%

16% Jan
49% Jan.

17,700

46%

36

14%

18

18

i 6

*39%

141

*138

16%

30

15

370

142

15

13% Jan

25

138%

*139%

17 Va

18% Apr

5% Dec

3,000

14%

8

11% Jan

39%

39%

*16%

30
28

35% Sep

40 Ve

14%

Jun

15

3,500

39 Va

17 Va

21% Dec

;-69% Jan

Sep: 25
2
13% Jan

49

900

16

*87%

50c

$6

80.0

1,400

10

16

108'A

52%

1

76%

1

810

14%

19

*75%

No par

121%

24

22%

9%

*16%

45% Mar

22 %

790%

5

18% Feb

1

35,600

10 Vo

Transue & Williams Steel—-No par

114% Feb

23

40

20

25%

16%

16%

'

Mar 19

29

7
30

110

Dec

42% Jun

106% Jun:24

2,700

117

790'A

x46Vo

*115 VA

Trans

40

76

16

40

16%

53

Transamerica

'

94

10

11

17 V2 Jan

.

500

*760

21 Vb May 26

12

15% Apr

25

15

32% May 27
16% Apr
9

2

25

Feb
2
17% Jan 27

20% Feb

12% Sep 14
17

19%
*25

25%

2,300

10

16 %

46%

117 %

Toledo

20 VB

20

794

15%

36%

16%

122%

Timken

■■

2

19%
*25

25%

x97h
*765

15%

46%

Tide .Water Associated
"When issued"

.

10%

35%

&

preferred
Thompson-Starrett

Apr 19

20

117

76

I6V2

52%

$3.50

117

75%

35%

117%

May 17

*116

76

46 7 b

4 %

2% May 17
26

117

75%

76

16 %

Thompson (J R)
15
Thompson Products Inc common—5

21

76

76%

35%

$2.50 convertible preferred——50
JThird Avenue: Transit Corp.No par

99% May 21

76

9%
*92

22 'A

141

122%

Thermoid

15

141

1

The

7

76

22 'A

46%

certificates

Pacific

12

4% May 21
10% Jan 15

9

140

—100

$2.40

9%
92 %

19%

25

Inc

Coal

share

30

Jan

3
14% Mar 12

1% Nov 30
16

8

9% Jan
44

4

140

No par

May 17

38

9%

22%

40%

$1.25 conv preferred
No par
Thatcher Glass Mfg Co common-—5

16% May 10

4

>

92%

*25

-7.50

Producing Co
Sulphur.
—No

16% May 27

13% Jan

100

————

Utilities

38% Jan

40

Co.

Texas

Mar 26

40

Corp

53% May
7
9% Feb 15

14% Mar 10

Dec

40 Vs

(James)

&

42

13

40 %

Corp..;

Texas

11% Aug 31

12,500

9

Instruments

35% Nov

80

27 %

5

Talcott Inc

Telautograph

Textron

,4,600

95%

8

18

4

15%

Corp—

29

6% Jan

39%

T9%

22%

790

15%

5

com

(conv)—

Gould

62% May 20

6

10%
*760

200

39%

—No par

pfd

cum

17 >4 Apr

12% Mar

lOVa
790

4,700

11%

*94%

22

*75%

1,000

35%

9,400

"

15% Jan

18

25%

15 %

^

Symington

Sub

750

76%

20

50

35 Vb

9%

75%

*116

50

*1114

92%

*90

(The)__4.16%

preferred

$4.40

10

25

19%

—50

Paper Co common
preferred
;

11

6% Dec

10c
:

_

Sylvania Elec Prod Inc

3

75%

76

9%

16%

"

Corp!

Steel

25

9

12.50

9%

117

22 'A

Swift & Co

19

Mar

117

20 Va

38%
92%

75%

118 %

19%

9 "2

*22

Sweets Co of America

5% May 24

*117

.

^90

2nd pfd ser 1950—20

Biscuits Inc.—.

27

46% Mar

—100

9%

*25

Jan

16

37%

75%

14

48% Dec

39

No par

14% Jan

Jan

38%

38%

91

40% Jan

9

39

9VB

17

35

39

90 %

16% Aug 13
47% Mar 3

Jan

16

1

14

34

24

15%

common

Sep

14

24-%

15%

25%

4.40%

47% May 18
3
36% Mar

15

33

X24%

15%

Sutherland

4% Sep

81% Jan

25%

*25

4

97% Jun

Sep

a

15%

_1

Superior

18% Jan

4

25 5

16%

No par
A

16%

!

25%

preferred.—No par

Corp

conv

12%
18%

;

11%

15%

Mining Co.—
Superior Oil of California

26

12%

—25

40% Ma#

4

21

12% Jan

5%'/

16

*18

18'A

50V2

25%

Sunshine

Apr

*18

xl6

common

y

141

12 %

preferred series A

Sunshine

May 28

16 %

12%

167o

1

common,.

Oil

20

16%

16%'

No par

4%%

A

1 b % A^r

26

35% Jan
29% Sep

Oil Co

10% Mar 29

11

Jan

Sun

19%

1

20

Corp

series

*49%
.

—5

common

Corp_

Chemical

S4.50

-

16%

5

Camp Inc

prior preference

5

810

8

4

25

6

80% Feb

4

Jan

Jan

5'r

Corp

& Fuller Co—

Baer

Stokely-Van

23% May 10

7'

14% Jan

15

Stix

25% May 12

11

22% Jan 20

May 12

13% Sep

Stewart-Warner

18% May 12

8

Sep

20

16% May 21
5
13% Feb

Mar 25

23% Sep

Sep

I!

27

100

26%

152%

*179%

66

28

153%
181

*14%

14%

*66 VB

57

64%

148

1^1

*179% 181
14%

*56%.

14%
57

66

28

148

149-

179%

179»%

*179%

181

14%

15

15%

16VB

*36JA

57

57

59%.

80

3,400

151

2,500

16%

181
17%

5,500

59%

60%

470

149

*179%

10

"4

28

m

Commercial and Financial Chronicle i

The

(2388)

NEW YORK STOCK RECORD

Highest

Lowest

13% Nov
7% Oct
34

Sep

57% Dec

Lowest

' i

17% May 25

24

8% May 25

4

49% May 19

U

6

59% Feb

3

64

Mar in

U

28% May 28

U

Mar

64

11

11

Oct

23

32% Feb

2

24

70

Oct

26

85% Jan

5

70% Jan

7

74% Nov

9

97% Apr

6

79% Jan

13

23% Aug 31
127% Sep 18

31 % Jan

2

29% Jan

11

144% Mar 11

134% Jan

Oct

6

2

37% Jan
54% Jan

Dec

31

33% Sep

15

44 % Jan

5

39

Jan

13
11

Aug 31

144% Jan

28

143

Jan

4

64

135

'

66% Feb

82

-

May

'89% Apr
34% Apr

May 13
51% May 28

U

155% Apr

18% Feb

11

U

Co

Steel

Friday

May 27

May 28

16%

17%

8%
x47%

*63

63%

*63

27%
*78%
87%

27%

26%
*78%
86

27

80%
87%

___5

33%

34%

33%

146%

145%

27%

78 %

80%

87

87

87

34

33%

34%

33%

146

49%

58%

58 %

*58%

47%

48%

47%

152%

152"%

151%

58%

47%

48'A

:

*63

14,100

26%

28%

80%

79

79

87%

88

33%

33%

146%

146%

450

51%

19,900

146

48 %

50

49

152

152

'■■17%

Xl7%

17%

17%

x36'A

36'A

*36i/a

153

59%

10

270

23,000

59%

1,100

49%

48%

493/8

139,300

153%

58%

48%

49%

800

5,800

63%

28%

145%:

153%

28.000

4 8 3A

87

*79

145%

58%

273/a

Shares

8%

48%

33%

87

46%

_100

_—_

26%
*

80%

145%

50
No par

______

common

47

63'A

the Week

16

*8

48%

*63

63%

15%

8

48

58 %

46%

Corp

*63

16%

8

48

47%

46%

145%

preferred

16%

8%

46

preferred—_100

1st

*8

63%

_100
_100

17

16 %

48%

1

Sale* fat

•

Thursday

May 26

8%
48%

8
48%

HIGH 8ALB rEICES

AND

Wednesday

Ref & Min com—50

preferred

S

7%

..

8%

common

common—

noncum

S Smelting

7%

28

Corp

preferred series A
preferred series B_.

S Rubber

8%

1

49% May 27

.

Plywood

3%%
U

Feb

S

3%%

...

16%

16%

1

common

preferred
—
—10
Pipe & Foundry Co
20
S Playing Card Co——_
10

7
' 8

60

Co

S

12

150

•

4

2

67% Jan

6

Jan

Lines

S

.

May U

4%%

7% Feb

36% Jan

Jan

8

14

22

37

U

40% Mar 17

22

F«v

Tuesday
May 25

Monday

<

EXCHANGE

Highest

13% Mar 17

2S
26

22% Jan

23

LOW

STOCK

YORK

NEW

Range Since Jan. 1

Year 1U53

Monday, May 31, 1954

CtnlloMtf—Pagt 12

STOCKS

Range for Previous

i.

153%

153'A

2,600

17%

2,800

59%

■

i

17% Dec

10

21% Feb

26

35% Dec

4

39% Nov

17% Mar 17

8

6% Jan

.

35

7

8% May 25

2

Jan

Jan

26

U S Tobacco Co

38% Mar 16

4

9

No par

common

17%

17%

17%

25

36%

36'%

*36%

noncumulative preferred

7%

30

United

Stockyards Corp

8 % May
7
87% Mar 31

United

Stores

Apr

6% Dec

22

9 % Mar 19

6% Jan

4

72% Dec

3o

90

Mar 18

73% Jan

S

1% Dec

31

4

Mar 19

1% Jan

4

1% Jan

7

Dec

$4.20

convertible

$6

8%

—_1
2d pfd_5

noncu

8%

8

8%

8%

*86

preferred—No par1

87 %

Wall

Paper Inc common—2

1%

1%

31

29% Mar 12

7

17

2% Feb

3

14

3 % May 13
32% Dec
9

11% May 12
1% Jan
4

17% Jan

1% Nov

27

30% Mar 11

Universal-Cyclops Steel Corp_—"—i

27

23% Dec

15

27

Sep

22% Jan

27% May 24

Universal

26

27%

3

167

Feb

1%

27'A

29

May 24
12

155

Sep

Jan

18

14

Feb

2

19% Dec

30

18% Jan

11

61

Jan

7

68 % May

20

63% Jan

3

28% Jun

10

35% Dec

II

34% Jan

21

30% Sep

15

45% Mar 25

36% Jan

13

154

17

165
23 %

Jan

37% Apr

A%

8%

61% May 18

preferred—
50
Corp___—___1

Leaf

preferred

_100

Utah

Vanadium

17% Mar 23

11% Jan

4

13% Jan

29

Van Norman Co

8

32% Mar 25

28% Jan

7

30% Feb

10

Van

5% Dec

29

5'A Jan

23 % Apr

6

10% Jan
Mar

3

127

Apr

1%

24% Apr

28

29

Nov

3l

July 17

92

Mar 20

88

38
May
5
128% May 24

124% Mar 26

125% Jun

73/4 May 19

30% Jan
8
Mar 26

a

4

126

6

31% Dec?*

126

4

34% May

89

Jan

4

25% Jan

8

20

Jan

4

15

130% Jan

8

123

Jan

4

22% Jun

23

27

Jan

Jun

5

114% Nov

12

113

92

July 20

100% Dec

24

loo

92

Jun

100% Oct 30

106

25% Dec
25% Dec

35% Feb

31

32

Jan

8

IS

102% Apr
105% Apr

30%,

Feb

11

28

Feb

Chemical

5%

Co

3'/2%

Feb

19

36% Mar

5

64

Dec

7

57

14% Dec

7

18

Mar

4

20

Jan

'*

13

22

4
4

il%

1%

3,600

6%

May 24

$5

*13%

14%

3,600

27%

26%

26%

26%

26%

27

27%

4,300

166

'162%

♦1621/z

22%

23'A

69

70

166

22 Va

36%

36%

36%

60%

59

59%

59%

22%

60%

69%

*69

*162%
22%

23

69

69 »A

166

35

6.300

36%

367/a

36%

367/a

58%

60%

58%

59'%

12%

12%

12%

12%

12'A

12%

3,600

29

29%

29

29%

29

29

1,200

7

4,500

7

7

37'%

100

128'%

100

*128'%

5

130

♦128'%

337/a

33%

24%
32

_

100

_

*101
*104

95%

129

31%

*98%

23%

130

130

31%

31%

113%

113%

♦99

101

101

*102%

*128%

33%

23%
130

31%

130

33%

2,200
60

24%

12,100
;<

8,900

t

*99

101

♦102%

80

113

104

——

—

104

200

28»%

28'A

28%

X28%

28%

28

28 VA

28

28

1,300

26%

26

26'%

26%

267/a

267/a

27

26%

27

2,500

70

70

*70%

71%

500

14

137/a

13%

2,300

*28 »A

29%

*60%

61

104

*102%

Visking

71

71

70 »A

70%

Feb

1

Vulcan

13%

13%

13%

13%

13%

13%

29 '

Jan

4

7%

*28'A

29 %

*28'A

29%

*28%

29%

61 %,

61 «A

Corp (The)
—_5
Detinning Co common
10
preferred
:__20

Sep

14

70% Mar

11% Dec

22

60

13% Mar 10

«

21% Nov 24

29% Jan

9

43% Jun 16

52

Dec

22

9

Feb

27

5

Dec 29

2

25

Sep

15

105

6% Sep

15

18% Jan
98

11 % Sep

Feb

4

9% Mar

•

14% Apr

24

21

29

Jun

24

Sep

14

30

13

Sep 14
18% Dec 28

•>

61 % May 18

A

i,

8% Mar 30

19% May

4

Jan

24% Jan 27
104

4

Feb

3

10% May 20

10

Wabash RR
Waldorf

Walgreen
Walker

Co

€0

x69

,

69

Warner

1
Pictures

Jan

4

21% May 25

Warner-Hudnut

11

31% Feb

Warren

14

13%

Jan

4

19% May 14

-

-

13%
*28'A

Wayne

Co.

Motor

29%

32

Jun

9

37% Feb

98% Jun

17

107% Jan

88% Jun

18

102

89% Jun

9

99% Jan

12% Nov

5

16% Jan

21% Nov

5

25% Dec 21

104

109

Sep 29

104 % Jan

Jan

15

9% May 20
23 % Jan

Jan

5

8% Sep
43% Sep

15

12% Jan

8

15

57% Mar 11

43% Apr

20

Sep

14

32% Mar 25

22

Apr

45

Jan

2

63% Mar 25

46% Sep

14

67% Mar 16
99 % Sep

90

May 14

2

4

105% May 20
8% Jan
4

85

85

85

85

preferred

No par

4
No par

pfd__

100

preferred series B
4.10% preferred series C_
Virginia

Coal

West

Va

&

Pulp

100
100

Coke—:—,.5

&

Paper Com

___5

preferred

5

Western

Air

27

26

Western

Auto

26% Jan

19

Western

41% Apr
51% Apr

26

53% Jan

19

28

58% Jan

6

96V2 Jan

11

Mar 11

2nd

noncum

Pacific

Co

43% Feb

4

26% Apr

19

Westinghouse Air Brake.—10

39 %

15

52% Dec

3

50% Jan

6

733/, Apr

30

Westinghouse

99% Jan

12

983/4 May

5

102% Feb

15

Sep

91% Jun

1

16% Jun

10

126

22

30% Sep

15

80

4

127

Jan 14

May
Mar

4

40% Mar 17

Oct

14

86% Mar 24

24% Dec

14

30

23

15

30% Dec 21

18% Mar 17
127

May 14

30% May
82% Jan

4
4

24% May 17
123% Apr 26

36% May 28

4% Dec

8

Weston

Elec

Feb

26

27% Feb

8

White

27

11

323/4 Mav 28

White

Motor

91% May 28

20

12% Jan

15

32% Apr 13

213/4 Mar

8

11

30% May 27
11% Mar 26
74% Mar lo

213% Jan

4

8

Feb

25

25% May 27
9% Jan 29

70

73%

$5

7% Sep
63% Oct

21
5

5

Jan

4

7

Mar 19

prior

conv

5%%

26% Mar 19

18% Sep

com

__12%

series B

Inst

Dental

21% Dec

8

Electric

_100

Co

Prior

Wilson

&

Co

—

Inc

10

19% Dec 22

18% Jan

8

Apr
1
20% Mar 22

Wisconsin

21

53

Jan

2

39% Jan

14

42% Dec

50% May 10

Jan

22

48

30

40% Apr

23

15

35% Mar 17

30% Jan

4

43

10

86

77% Jan

4

Sep 14
71% May 12
6% Dec 31

31

Sep

82

15

47

Jun

Dec

10

11% Mar 17

14

16% Sep

130% Mar 16

39% Apr
23% Apr
53% Mar

9

116

Jan

77

Jan

12

6% Jan

22

7

45% Jan

156

21

May 28

73A Feb

12

1

37

Jan

4

49

1

21% Jan

4

9

52% Feb

2

27% Apr
60% Apr

13

31

34 % Jan

13

20

34

Sep

14

May

3

24%-Tan

47% Jan

5

11

38

Jan

Dec

4

45 c

11% Jan

4

13% May 21

63% Jan

4

73% Ap*

62% Dec

29

3% Oct

16% Jan

28

84

2

Jan

6

5% Apr

13

4% Feb 26

dividend* y*Ex-rights *3r*ces' no Sa^ei
J

eName

JgJIU-J.

changed




from

69

40%

39%

40

25%

25%

25%

25%

7,500

67%

35,900

67%

68%

67%

681/2
100%

*100

100 y2

24

221/2

23%

*22%

23%

23

23'A

33%

—

35%

_

36

67

*99%

22%'
*128%

'

33%

35%

85'A

85

85%

85%

86%

26%

*26

26%

*2G'/a

26%

33 y8

85%

90%

?

*128

*128

■

35%

86%

May 27

200

22%

1,000

—

—

21,000

36%

550

86 «A

26%

*26

300

32%

32%

32%

32%

32%

32%

5,700

90'A

5%

32%

90%

90%

91

91

9i'A

91

91 »/2

1,120

51/8

5%
*22

23
24

22%

23%

5%
*22

23%

24%

1,200

5'A

5'/a

5%

22%

*22

22%

22%

22%

100

24%

24

25%

24%

25'/.

5,900

8%

8%

8'A

8%

8,600

721/4

72 «A

5%

5%

40%

lo

29%

30

29%

29%

30

*139%

141

*139%

141

140%

140%

Corp__l0

20
49%

20%

19'A

20

19%

19%

19 %

19%

19%

i9y2

50 %

50%

50%

50%

50 »A

50 »A

8%

8%

x

I1

29%

300

73%

•72

10%

10%

10%

700

*41

41'A

40'A

40 y4

1,000

30

30 Vb

30

30 »A

8,300

10%

•139

10

141

*139

141

3,000
1,900'

50'A

50

50 '/a

10

42%

43 %

41%

42%

41%

42

41%

42

41%

41%

34.700

39Vs

39%

39%

39%

x38%

40

40%

41%

41%

43

20,100

*87y2

88%

88%

*86

87

87

87

86%

86%

Prior

143

♦143

148

•148

149

150'A

pfd 4%%

lo

1

Co

conv

series

Wrigley (Wm) Jr (Del)

100

*87

143

*142

146

82

»/2

82%

82%

82%

82%

82%

82%

7%

No par

Wyandotte Worsted Co__:

Yale

&

York

Towne

Corp

7%

7%

7%

7%

7%

46%

47'A

25%

7%

4%%

83%

7%

Zenith

Radio

Products

'

changed

1,505

25 Va

20,700

471/4

46%

46%

25 Va

26

25

25%

57

56%

56%

*57

58

56

57

par

22%

22%

221/4

22%

x22

22'A

221A

22

21%

22

par

43%

43%

42%

43%

44%

44%

45

44%

45

par

13%

13%

13'A

13%

131/4

12%

13

12%

12%

No par

67%

68%

67'/a

67%

67%

67Va

67%

66%

67

1

7%

7%

6%

7'A

7%

6%

"

Willys-Overland

46%

24%

46%

25%

57

50

"

from

46'A

48

preferred

Corp

2,700

26

1

Corp

7%

48

25

Young (L A) Spring & Wire_No
Youngstown Sheet & Tube
No
Youngstown Steel Door
No

Zonite

1,200

25%

Mfg Co„

convertible

80
650

156

83

83

7%

5.

common

14

f Name

100%

100

Service

(F W)

71/2 May 20

Corp.

19,100

32'A

on this day. tin receivership, or petition has been filed for the company's reorganization,

Nash-Kelvlnator

38'A

*99%

*26

700

100 »/2

25>/a

68%

34
85%

200

10,900

38%

100%

*128

1,700

45%
54

54

100%

101

100%

67

241/4

*44%

'

May 21

20% Dec

31

25%

*100'/2

101

5%

Worthington

13
21

26

100%

54'A

40%

preferred——

Woolworth

May 28

86% Mar 31

38

25%

101

24'A

441/2

1,400

Corp common—No par
Prior preferred 4%% series
100

88% May 19

101

Mar 19

38%

54

40

Co

Woodward Iron Co

Sep

100'/a

37%

*44%

44'/a

39 %

142

Grocery

Sep
Sep

100%
X25 %

38%

24%

54%

40

___;

16% Jun

75

101

26 %
323/8

24

5

54

39 %

21

Co

36

26

24

*44'/2

1

preferred

Public

24

44%

54%

4,100

8%

Wisconsin Elec Power Co com,
6%

24%

44%

30

9%
48

10%

32

Jan

46%

24%

10

107%

9%
48

72%

6

137

*105%

8%

17

2

107'/2

10%

Winn

Jan

•105'A

72%

41% May 18

135

106%

10%

7

24

106%

72

31% Jan

Apr

30%

10%

24% Jun
126

31'A

72

19

10

10%
30%

8%

123/4 Feb
Feb

10%
31%

72
10%

7

■283/4 Jan

10%
31%

8%

9% Apr

16
5

5,600

10%
31%

10%

12

15

35% Dec

29% Oct

1,700

31

10%
31

*71 'A

A^r

13% Jan

6

Lovett

10 »/2

10

22

5

&

10%

10%

No par

Jan

8% Nov

$4.25

100%

No par

common

24% Jan

Wilson-Jones

*98%

24%

*22'A

20

Co

100%

46%

90%

10O

preference
Oil

30

*98%

99%

24%

32

1

White Sewing Machine common—1
Wilcox

290

104

9%

85%
26'A

(The S S)_—20

preferred

107

104

47%

33%

par

39%
*106

105

*

9%

No par

common

99%

39%
106

*104

47%

100

12.50

preference—No

Mfg

*100

39'A
106
-

9%

*100%
24
*128

Corp.

Wheeling & Lake Erie Ry
Wheeling Steel Corp com

25% May 10
Jan

Telegraph

preferred

85% Mar 15

Sep

Jan

89

3.80%

104

47%

38
25%
67%

4

Western Union

1061/4

104

9%

*100%

353A May
22% Jan

4

39%

106%

105 %
102

46%

10

48% Aug 13
29 % May 18

6,100

39%

107%

39%

54%

30

39%

39%

107

45%

18

1,400-

9%

54%

22% Dec

7,500

14%

107%

45%

37% Feb

19%

14%

*85

9'A

__100

Preferred series A—

18%*

14%

46%

100

com_

380

19%

14%

107%

No par

preferred

RR

85%

19%

.

46 %

Maryland Ry common__100

Supply

85

19%

14%.

85

24%

—_10

28

85

19

14%

85

*104

108

9%

1

Inc

Lines

1

3,700

15

15

9%

*106

100

10% Apr
49% Jan

/

19

*18%

19%
19%
14%
15'A
39%
39%
108% 109
'104
105%
*100% 102
10%
10%
31%
323/8

1

4%%

West

104

1,700
600

Co_—

4%

2,700
1

1,000

Kentucky Coal Co—

Western

9,890

14%.
20%

28%

convertible

4%%

14%
20

28%

4.20%

4

29%

14%
20%

28%

13% Mar 18
Mar

29%

14%

20% !

28%

32% May 20
110

29%

29%
20%

14%
'

28%-

Electric

1

1.600

-28%

Power

Mar

33

28%

Penn

102

*32%

28%

Penn

7

32%

28 %

West

Jan

9,200

32%

28 %

West

06

500

36%

com__2.50

5

104% Mar 31

27%

36%

1

Snowdrift

&

8

7

20%

*27%

11%

West Indies Sugar Corp

Jan

20%

27%
36%

20%

12%

West

40% Mar

7,700

20%

36%

11%

25

111% Apr

8,200

12%

May 7
20% Mar 18

4

15%

11%

Investment

173/4 Jan

99

15

$4

15%

•i2y2

Wesson

86

1,300

15%

12'/a-

30

3

10

IMA

29% Apr

16

10

*9%

27%

29%

Xl4%
20

2,200

10

11% '

3

14% May 4
36% Jan 11

-

4,100
r

•

37

33

29%

29%

102%

12%/

24% Jan
17% Feb

•-

*32%

33%

*102%

27%;

*27%

36%

102*/i

2,500-

6%

22%

12%

28% Feb

773/4 Jan

27%
37%

6%
-22%

*11%

1

84% Feb

.15%

7

61%

6%

11%

21% Sep

28% Jan

15%:

MOO

2.700

>

12%

Webster

29% Jan

20%

>

*9%
-

60%

400

12

24%

11%

25

4

10

20% / 21%

21%

36%
29%

*102%

'24%

12%

12% Jan

1

15%

*19%

15%

«

.

•

22%

6%
-22%-

>

-11%

11%

13 3/i May 24

4

30

14%

19%

7

--

12%

8

10% Jan

Dec

15

(

27%
*32%

!

J

102% *

*102 «/4

24%
61

6%'"

•

•

12 ya

*11%

9% Jan

12% Mar 27

17% Nov

~

61

1

13% Feb 25

15

73% Oct

•

■

5

14

rl6

'

36%

_3

20%

61
-*

12%«

24%

>-

'.22'A' '22% V

:

'9%

16

v.

•

•

Co_

Sep
Sep

Oil

15%

>'

Motors

*

Inc.

g

"

"

Name

^

changed

'

a

42%
*13

67 %
6%

7%

7

y4

Deferred delivery. rCash sales, wd When

from Pennsylvania Coal

ft Coke Corp.

400

56

*55

:

\
;

i
■

.1

193A
12%

8

'

;

Mills

Knitting
Wayne Pump Co

10

•

&

6%

■

.

10

9%

14%

No par

Waukesha

102 »/2

5

Wash Water Power;—

19

*102

33
29%

No par

Apr

6%

221/a

61

,i2y»

'

24% ; -24% 1.A 60%
60% *

60%

6%

20%
28
37%
33
29"%

1

No par

15% May 25

60%

22%

6%
223/8

20'A
28

;

21%-Mar 11

-

*12;

_5

Inc

Foundry

12

24%

16%

Pipe
Warren Petroleum Corp_„;
Washington Gas Light Co

15

"

*6

_5

30

12

25% Jan

Mar IS

17% Apr
9
24% Mar 23

Inc

37% May 24
34
Feb 18

4

30% Jan

Bros

12

24%

102% 102%
10%
10%

—100

Corp

61-

->*60% '61%

11% 12
24% 25
60%v;61
6%
22'/a

—__1

common—

-*5%■/{*-' preferred""'I__U

Wardell

--

Nopar-%'

-______2.50

Ward- Baking
<•

-

10

--

W

Co

25% Jan
30% Jan

No par

_•

(Hiram) 'G &

Walworth

16% May 21

17

preferred„^_100

4%%

System——

19

13% Jan

37% May 14
31% Dec 30

9

4

A

9

33% Mar 19

14

.263/, Mar

8

3

-dan

-100%Jan

3

23% Sep
28% Sep

Mar

5% Jan

17% Apr 16
18% Nov 20

15

13;

30

51

•

68% Mar 18

Afar 3d

24%-Jaat
'

May 12
-

-

11% Apr

f

800

31%

113

101

•99

f

—

130

-

31%

114

20
■

95»/2

33%
*93

24%

4,400

__

28%

.—25

common..

104

130

130

31%

37»/2

37

*128%

95%

113%

114

X104

33%
*93

24%

23%

24

x3iy8

105

33%

94%

6%

•f
i

*128%

33%

128

♦113

102

100

preferred
preferred

130

96

23%

7%

36%

*128%

33%

128

114'A

7
36

7%
36%

*128%

130

*95%

130

114%

7

36%

*128%

33%

96

31 VB

100

7

37

*128%

*95%

_

7

37

1/8

38

128'%

24

Co

i

9,500

12%

29'A

130

Ry

r

4,300

12'%

No par

Virginia

l
I

200

28%

:_100

preferred

f

166

22%
69%

*162%

22%

*69

12'/a

common

com

J.

400

26%

26

*27

w
59

$

t

200

1%

1%

27'A

26%

5

71% May 19

14%

1%

27%

36%

partic preferred
100
Elec & Power Co com__10

dividend

14

1%

27%

36%

2.50

Works

$4.20 dividend

2

1%
27»/2

59»/2

div

$4.04

14%

2

27%

29%

preferred

Virginia

18

14%

2

*26%

16

Mar 28

Mav47
26% Apr
I

II

1%

36%

9

25% Jan
25% Jan

2

20

1%

117/B

_

_

Va-Carolina Chemical

1%

29%

noncumulative preferred

Victor Chemical

8

101% Jan

30

Jun

9

115

Feb

2,500

*8%

.2.50

—

Vicks Shreve & Pacific Ry com

9

11

28

27

7

May 28

27% Nov 17

3

27% Apr
137% 4pr

8 "A

86 y2

69

Vertientes-Camaguey Sugar Co—6'/2

95% May 26

28

8%

86%

8%

—10

—

Raalte Co Inc.—

Vick

11

26% Jan

Sep

16% Oct
112

Teb

600

8%
87%

8%

8%

68%

Corp of America_.No par

22

128

87/»

8 Vb

*86%

87/a
86

86

1%

*13%

2

366
23%

23

preferred ——_—_—_100
Power & Light Co
No par

11% Dec

May 29

*162%

Pictures Co Inc com—l

4%%

27% Dec

125

.1%

com.No par

Tobacco

14%

*13%

American

Universal

3

15

convertible

Universal

7

May 24

70% Mar

160

37

14%

'

8'/a

8%

87%

17%
*36%

1%

*8%

8%

*8%
*86

17%
37

»

United

22% Jan

15

37

1,300

Vt

28,500

1,800

1,700

11,900

7%

distributed

.

x

Ex-

■

Number 5329... The Commercial and Financial Chronicle

Volume 179

(2389)

!'

? J M

New York Stock

«»
FRIDAY
rh.

WEEKLY

-

YEARLY

•

in*

^
Range for Previona

Range since Jan. I
Lowest
Highest

Highest

99.24 May 12

104.16 Dec

4

Feb

16

102.4

Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury

16

—

—

—

—

—
—

108

Feb

19

108

Feb

19

—

—

—

—

—

—

—

Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury

—
—

—

—

—

—

—

—

94.8

Mar 25

94.8

Mar 25

—

98.29 Feb
95.20 Oct

95.20 Oct

23

23

15

15

98.29 Feb

—

—

—

—

1978-1983

99.14 Oct 23

23

—
—

99.20 Feb
—

15

99.20 Feb

15

—
—

—

—

—

—

—

-is

—

90.16 Jun

17

94.16 Jan

2

94.8

Jan

7

16

94

July 20

93.8

Jan

4

92

Jun

15

96

Nov

4

6

95

July

2

98

Dec

1

2

102.8

101

101.24 Feb
101.16 Jan

Sale* ft

the Week

High

Bonds ($)

*101.27

101.30

*108.24

*101.27

10b.30

101.30

*108.24

*101.27

*104.4

101.30

104.12

*101.27

*104.4

101.30

104.12

*103.30

*101.26

*103.8

104.6

101.29

1961

103.12

*103.30

*103.4

104.6

103.10

*103.30

*102.30

104.6

*103.2

108.30

2%s

1958-1963

103.6

*106.12

*103

106.20

103.6

2%s

*106.12

106.20

1960-1965
1956-1958

*106.8

106.16

♦108.8

108.16

*106.8

*108.8

106.16

108.16

*106.8

*108

108.8

106.16

♦102.7

*108

102.11

108.8

*108.4

108.12

2'As

103.8

*102.7

102.11

1958

*102.6

102.10

*103

*102.7

103.4

102.11

*102.28

103.2

*102.6

1961

*102.20

102.28

102.10

2 Vis

*101.16

101.20

*102.24

102.28

*101.10

101.16

*102.22

1962-1967

♦101.2

102.26

2Vis

101.10

*101.2

100.28

lui.8

*100.18

100.24

*101.6

*100.8

100.16

101.12

*100.8

100.14

*100.8

100.14

2'/as

Dec 15

2 Vis

•100.22

1963-1968

99.30

*99.24

June 1964-196g

2Vis

♦99.24

99.30

*99.16

99.24

*99.14

*99.16

99.24

99.20

*99.14

99.20

*99.18

*99.4

99.24

99.12

*99.6

99.12

99.20

*99.12

*99.8

99.18

99.14

*99.4

99.12

*99.4

99.10

*99.8

99.14

2 Vis

Dec 1964-1969

♦99.14

1965-1970

♦99.14

99.20

*99.12

99.18

1966-1971

*99.2

99.10

♦99.14

*99.2

99:20

99.10

*99.12

*99.4

99.18

*99.2

99.10

99.10

♦99.12

*99.2

99.10

99.18

*99.10

99.16

*99.4

99.10

*99

99.8

♦99.12

*99

99.6

99.18

*99.10

*99

99.16

99.6

*99

99.8

*99

*99.12

99.6

99.18

*99

*99.10

99.16

99.6

*99

99.8

*99

99.6

*99

99.6

2 Vis

2Vis
2 Vis

June 1967

2Vis

1972

Sept 1967-1972
Dec 1967-1972

1

1957-1959
June 15

2 Vis

1958

1954-1955

2 Vis

*102

102.4

*101.28

102.2

*101.22

101.28

*102.4

102.8

*102

102.6

*101.26

102

*100

*

Vv

101.23

101.27

*102.2

*101.22

101.26

*102

102.6

102.4

*100

*100

*100

*100

*100

*100

*100

*100

1954-1056

*100

2 Vis

1956-1959

*101.14

2V4s

101.18

June 1959-1962

*100.6

2'/4s

100.10

*100.2

100.8

Dec 1959-1962

*99.26

100.2

*100

*100.6

100.6

100.10

*100.2

♦100.2

100.8

100.8

*99.26

100.2

*100

100.6

*100.2

100.8

V-

__

*101.14

101.18

*100

1954

♦100.23

100.25

*100.24

Dec 1954-1955

*100.21

100.25

*100.21

*101.10

100.26
100.25

*100

__

for

Bank

101.16

*101.13

♦100

101.17

*100

*100.24

100.26

*100.22

100.26

*100.24

100.26

100.26

*100.23

100.26

*99

99.16

*99

99.16

*99

99.16

♦101

*98.24

101.16

*101

101.16

*101

1975

101.16

♦102

♦100.16

102.16

*102

Oct

*99

99.16

*99

*100

♦100.23

May 15

99.16

101.16

♦100.24

100.26

23-year 3%s

*99

*101.12

__

Reconstruction & Development
25-year 3s
July 15 1972
25-year 3s
Mar
1 1976
30-year 3 Vis
Oct
1 1981

99.16

*99

99.12

*99

99.8

99.12

*98.24

101

*100.16

99.8
101

19-year 3 Vis
3-year 3s

102.16

1971

*101.24

♦102.24

*101.16

102

103.8

*102.24

*101.16

102

24

103.8

Oct

1

1956

*i02.12

*102.28

103.8

*102.20

103

103

15-year 3 Vis

102.24

*102.20

0

*102.12

102.24

Jan

1

1969

*102.12

102.24

*102.8

*102.24

102.20

*102.8

*102.24

102.20

103.8

*102.28

103.8

*102.20

103

*102.20

103

due Feb 15

1955

*99.16

104.12 Mar 10

i

—

—

Low

1956-1959

15

Serial bonds of 1950
—

High

Dec

6

Friday
May 28

May 27
Low

ivo.4.o -api

13

lul.zuireb

100.24 Nov

30

Apr

Thursday

High
109.4

102.28 Feb

1

4
—

May 12

100.16 Nov

Oct 26

Feb

Low

*108.28

1954

99.22 Mar 12
102
Apr 15

94.24 Jan

High
109.8

June

99.28 Mar 22

91.25 Apr

101

*109.2

1955-1960

International

97.16

Low

169.12

Treasury 2s
Treasury 2s

—

—

High

*109.6

Treasury 2s

—

PRICES

May 26

2%s

Treasury 2%s
Treasury 2%s

99.14 Oct

SALE

Wednesday

May 25

2%s
23/»s

Treasury 2Vis

^Treasury
^Treasury
Treasury
Treasury
Treasury

HIGH

Tuesday

Low

3%s

~-

May 24

EXCHANGE

Feb

AND

Monday

NEW YORK STOCK

_

102.4

—

LOW

GOVERNMENT BONDS

Year 1963
Lowest

y ■%£ •"«-

2s

—

—

103.8
100.16

102.8

—

—

2s

*99.16

due Feb 15

100.16

—

*99.16

1956

100.16

*99.16

*99.16

100.16

*99.16

100.16

—

*99.16

due Feb 15

100.16

—

2s

100.16

—

*99.16

100.16

1957

*99.16

100.16

100

*99.16

100.16

—

*98.16

100

—

2s

♦98.16

—

—

due Feb 15

♦98.16

100

1958

*98.16

*97.16

100

*98.16

100

—

—

2s—

99.161

*97.16

due Feb 15

99.16

*97.16

99.16

*97.16

♦97

99

99.16

♦97.16

*97

99.16

—

99

—

2s

1959

—

due Feb 15

*97

99

1960

*97

99

*96

98

*97

99

—

98

—

2s

*96

—

*96

98

*96

99

*96

98

97

*95

97

*94

96

—

—

—

—

—

—

—

—

—

due Feb 15

and

asked

price

transacted

No-sales

this

day.

tBoth

Issues

1961

*95

97

*95

97

*95

due Feb 15 1962

2s

—

=

*B!d

*94

96

*94

96

*94

being called for redemption

on

June 15 at 100.

Odd

a

lot

transactions,

e

96

Cash

sale,

r

*95

97

*94

Registered bond

96

transactions.

v
pfJ

Period

Week's Range

Interest

New York Stock Exchange

Last

or

Sale Price

Friday

Unification

Transit

3%

York

Bonds

s

Bid & Asked
note

New

RANGE FOR WEEK ENDED

,

Friday
BONDS

High.

2K

No.

Low

High

City

New York Stock

Brazil

(continued)

June-D-c

104

103% 104

G9

Interest

Exchange

Period

98%

104%

19

1

79

*93

9Z%

96

*86'%

84

89

77%

82

81

81

June-Dec

..June-Dec

3%s series No. 26

June-Dec

3%s series No. 28
29

...June-Dec

New

Members

REctor 2-2300

120

York

Stock

Teletype

Exchange

Broadway, New York

NY

25-year 2%s 1975—

1-1693

Cauca Val (Dept of)

gAChile

Government

Agricultural Mortgage Bank
§ AGuaranteed

sinking

§ AGuaranteed

sinking

and

(Columbia)

fund

6s

fund

6s

Akershus

AExternal

sinking fund 7s 1st
sec

AExternal

sec

20-year 3s

s

fd

sink

sink

fd

3rd

7s

C 1946—Jan-July

*82

71

85

1945—Jan-July
1957_April-Ocf
1957_April-Qct

*82

71

85

D

ser

June-Dec

—

June-Dec

——

1962—

§A6%s external loan 1950

gABrazil

(U

s

to

reduced
s

be

38

101

102

A6%s

2

100'/a

100%

22

99%

101%

5

100'A 100%

iV~Z
:

A

'

'

98'A

27

April-Ocf

97

100%

97

100%

97

6s

fund

bonds

$

A8s

3s

1993

assented

1961

67

64%

65 %

*95

92

--

,99

*39

25-year gold
§ACosta

Rica

4%s

64%

38%

40%

*66%

64%

66%

♦39

3d Va

41

*66'%

63%

66

38%

36%

40'A

66

66%

♦39

38%

40%

*39

40%

—

5%

to

3.5%)

funding bonds of

June-Dec

1978
1931

to

3.375%)

3%s series No.

38%

64%

66 %

'*66%
*39

May-Nov

38%

..

"

'

*66%

Mar-Sepf
Mar-Sepf

6%

13%

1951...

May-Nov
..May-Now

63%

__

65

Jnnn-Dfc

94%

2

61

106

106

-"-vis '

64

53%

22

2

59%

7

83

*81%

83

77%

82

82%

82%

7

76%

81%

81%

31%

24

77%

82

81'A

83

40

77

74%

101%

100 V8

102%

8

100% 101

74%

11

101% 102

100%

99%

90'A

1

89

81 %

1

June-Dec

12.'
13—

81%
*87%

%

82'%

51%

81'A
87»/4

91

45'%

June-Dec-

108%

51 %

45%

44%
108

44%

35
,

108%

41%

19
63

107

Financial ln»titution»

FOREIGN
FIRM

SECURITIES

TRADING

MARKETS

93

—June-Dec
.

78

87 Va

*83

81%

84

92

June-Dec

*83

80

*39

88

82

FOREIGN SECURITIES SPECIALISTS

90

76

PARL MARKS & PP. INC,

82

June-Dec

3%s series No.

14

3%s series No.

15

June-Dec

*81

"June-Dec

*81

83

June-Dec

*81

82
83

78%

'

.1

—

82

50 Broad

St., New York 4, N. Y.

79

7 8'A

17

June-Dec

*80%

88

77

82

3%s series No. 18

June-Dec

*81

82

79

82




Apr-Ocf
1977

90%

*95

3%s series No. 16
3%s series No.

78%

June-Dec

<

3%s series No. 11_

3%s series No.

1972

external

Telephone HAnover 2-0050

102

v

83

90%

—June-Dec

9

3%s series No.

due

4%s

82%

June-Dec

8

10

1953

For

65

*82

3%s series No.

3%s series No.

bonds

(Republic of)

75

——

."i

65

65

_J une-Dec

.June-Dec

3%s series No.

ref $

67

75

—

—

63%

83

—

3%s series No.

3%s series No.

1

66

Cuba

123

105
105

—

103

103

66

.June-Dec

2

3%s series No.

66

i

April-pet

3—

No.

60%

20'A

109

*108
*108

1953.

64%
40 %

i

*102

——Mar-Sept
1961—April-Oct

40%

64%

_

*9

66 %

38%

-

*39

(Plan B)-

1

3%s series No.
3%s

series

15

103

66

(interest

1979—

External dollar bonds of 1944

65

64%

1951

Stamped pursuant to Plan A
reduced

June-Dec

.

due

65

„

63%
38%

Jan-J uly

7s

39%

*66'%

June-Dec

1928 Oct

iii

*66'%

39

(interest

reduced

2s

April-Ocf

40%

62%

*39

...May-Nov

1961

(Republic of)

38%

v

*66%

•39

gASinking fund 7s of 1926 due 1946—May-Nov
5 A Sinking fund 7s of 1927 due 1947.—Feb-Aug
§ACopenhagen (City) 5s 1952
June-Dec

96

66 '/a

April-Oct

3s ext sinking fund dollar bonds
1970—-April-Oct
§AColombia Mortgage Bank 6%s 1947
April-Oct

59%

40%

62%

40%

68%

24

64%

40%

*66%

41

98

92

65%

63%

♦39

66%

59%

—•

•66 %

99%

56%

•,

38%

90

■

99'A

94%
44

63%

80

G

4

*39

109'A

*100

20

April-Oct

—:

6s of

9.9
54

56

103%

*66%

73

Jan

98 %
54

June-Dec

1961
:

1960

(Rep of)

94%

40%

64%

1927

44%

102%

66%

107 Va

of

8

34
85

54

39%

June-Dec

;

6s

1961

AChinese (Hukuang Ry) 5s 1951
SACologne (City of) 6%s 1950—
A 6s

104%

39%

125

AColombia

102%

63%

3

66

1

*39

106'A

74

104%

*66%

95'A

66

83

102%

99

98 %

98%

June-Dec

AGuaranteed sinking fund 6s 1962
A 6s
assented
1962.
AChilean Consol Municipal 7s I960—
A7s

53%

82

79

102% 103

98%

—Jnne-Dec

sinking fund

assented

82

*3

103% 103%

53%

90

80%
85

102 %i 103

—May-Nov

1957

assented

AGuaranteed

88

6

83

81%

80'A

90

*82

'

83

80%

May-Nov

1963—

1963—

assented

82

•

*39

5

108'A 108%
6

—

82

April-Ocf

Mortgage Bank 6'As 1957——.

6%s

•

*82
—

103

1942—.May-ATou
May -Nov

2

(interest

Stamped pursuant to Plan A

AChile

99 %

"

1957—...April-Oof

Stamped pursuant to Plan A
reduced to 3.375%)
1979
§A7s (Central Ry) 1952

101 %

16

99

106'A 108

64 %

57%

69

100'A 100%

'98%

100

(interest

1979—

1927 due

sink

106'A

100

3.375%)

Extl

102

43%

7s

6

—

*82

1960

1962.—:.

sinking fund

assented

18

68

6'As of

A 6s

18

June-Dec

to

f

AExternal

54

6'As of 1926 due 1957—_..April-Ocf

i

assented

103

(interest

A

1978

Stamped pursuant to Plan A
AExternal

!

1941—,— Jitwe-Dec

8s

to Plan

3.5%)

1

April-Oct

external

pursuant

reduced

AExternal

of)

S

Stamped

85

6s

101'A 101%
100 % 100'/a

__

—

—Feb-Aug.
§ A Bavaria (Free State)
6'As 1945
Feb-Aug
Belgium (Kingdom of) extl 7s 1955—_—June-Dec
ABeriin (City or>
6s 1958
-June-Dec
3%s

75

53%

f

...

6s

J

88

„

-

A

100% 101 'A
100% 101'A

,t;

Jutie-Dcc.

20-year 3'As 1966
15-year

*82

s

1942—

sinking fund

82

*81

April-Oct
A 6s
assented
1960
i—__
April-Oct
AExternal sinking fund 6s Feb 1961
—Feb-Aug
A 6s assented Feb 1961
:
Feb-Aug
ARy external sinking fund 6s Jan 1961—Jan-July
A 6s assented Jan 1961
Jan-July
AExternal sinking fund 6s
Sept 1961
Mar-Sepf
A 6s assented
Sept 1961————
.Mar-Sept
AExternal sinking fund 6s 1962
April-Oct

80%

102'A

Feb-Aug

—

81%

75

53%
102'A

Jan-July

Called bonds—---

74'A

*82

June-Dec

10-year 3'As 1957

85

*82

—Jan-July
—

75

*82

1957—April-Oct

ser

f $ bonds 1978—

(City) external 5s 1958
Australia (Commonwealth) 5s 1955

20-year 3'As 1967

100'A

*82

Antwerp

10-year 3'As 1956

99%

*99%

1945-_Jan-July
B 1945—Jan-July

A

ser

2nd

7s

Feb-A«<7

1948——Aprif-Oct
4s 1968—Mar-Sep

(Kingdom of Norway)
§AAntioquia (Depti collateral 7s
§ AExternal sinking fund 7s ser
§ AExternal sinking fund 7s ser
§AExternal sinking fund 7s ser
AE*xternal

—

1947

assented

AExternal

Municipal

Mar-Sept
f $ bds 1978-Jan-July

s

external

(Republic)

§ A7s

Foreign

30-yr 3s

99'A

81 %

June-Dec

30

(City) sinking, fund 5s 1957——Mar-Sept
Sinking fund gold 5s 1958
Feb-Aug
Caldas (Dept of) 30-yr 3s s f
$ bonds 1978-Jan-July
Canada (Dominion of) 3'As 1961—..—
Jan-July
25-year 2%s 1974
Mar-Sept

——

*80%

—w.

/—June-Dec

Brisbane

85

*83

——

June-Dec

3%s series No. 27

Wertheim & Co.

81

*81

.June-Dec

3%s series No. 25—

Telephone

High

*81

June-Dec

3%s series No. 24

series No,

Jan. 1

Low

78%

No.

June-Dec

—

3%s series No. 23

3%s series No.

Range Since

Sold

High

June-Dec

3%s series No. 22.

"3%s

Bonds

s

Bid & Asked

June-Dec

3%s series No. 21

Foreign Securities

Friday

or

le Price

aw

3%s series No. 20.

1

Last
S

—

3%s series No.

1980—

Week's Range

'riday
BONDS

Jan. 1

Issue—

Corporate Stock

MAY

Range Since

Sold

Teletype NY

1-971

52

45%
114'/a

29

SO

The Commercial and

(2390)

Financial Chronicle...

Monday, May 31, 1954

NEW YORK BOND RECORD
RANGE

Friday
Interest

Last

Period

BONDS

Sale Price

New York Stock Exchange

or

Friday's

Bid & Asked

how

Cundinamarca

(Dept of)

Czechoslovakia

(State >

Jan-July

1978

3s

FOR

WEEK

54

—

Sold

High

No,
4

54

Range

BONDS

Since

New York SU/ck

Jan. 1

Low

44'%

56'%

April-Ocf

(Kingdom of) extl 4'%s 1962—-April-Oct
(Republic ofi —
extl s f dollar bonds Jan 1 1976—-—Jan-July

*36%
101

39

43
80

100% 101%

4s

s

extl

3s

f dollar bonds Jan

f

dollar

s

AEstonia

bonds Jan

Main

on

1

1976
1976

7s 1967
6'%s 1953

(Republic of)

§ A Frankfort

1

Jan-JUly
Jan-July
Jan-July
—-May-Nov

100%

104%

83

68%

6

70

*59

:

13%

13%
105

105

__

1

13%

2

106

87

65

70

58%
13%
105

San

5 '%s

dollar Jrnnds

53%

§A8s

dollar

bonds

10-year bonds of
3s

dollar

45

1953

due

1903—Jan-July

28

60 Va

65

61%

62'%

5s

dollar

bonds

59

—

11

60

56'%

dollar

bonds

67

June-Dec

1924 Dawes loant

§A7s-gold bonds 1949
5 Vis

loan

due

1930

64%

68 7

h

175

63

47

49%

57

45

57'%

April-Oct

(Young loan)

88

88

91'%

53

82%

102%

79%

c- co

84

98

76%

95%

Feb-Aug
Feb-Aug

5 A7s

1st mtge series A 1944
7s ser A 1944 extended to 1954-

§A

6Vis 1st

1950---

mtge

& gen

100 Va

-Jan-July

1950 extended to.1960

162%

*163

*163'%

Jan-July

100%

100'/4

156'%

—

98%

'•■98

part

May-No?;

AGs

part

-Feb-Au<j
April-Ocf
-April-Oct
Jan-July

paid 1964
paid 1968--(State of) 6s 1946
Helsingfors (City) external 6'/2s I960Hamburg

Italian

34

34

31 Vi

31 Va

105
''97

(Republic) ext s f 3s 1977
Italian Credit Consortium for Public Works
30-yr

gtd ext s f 3s 1977
series B 1947_•_/

gA7s

55%

34

26

33 Vi

36
2

105

19%
18%
105

101'%

55 Vi

Mar-Sept

*93'%

55%

—

(Kingdom of)

7s

55

Jan-July

1951

Feb-Aug

6Vis due 1954 extended to
extl

due

5Vis

loan

1965

of

'30

5 Vis

.—Feb-Aug
May-Nov

to

1975

5 Vis

45%

§A5s

99 %

56%
55%

—

52%

f

s

1971

due

156 Va

92'%

Jugoslavia (State Mtge Bank) 7 s 1957—XpnZj-Oct
AMedellin (Colombia)
6Vis 1954
June-Dec
30-year 3s s f $ bonds—
Jan-July

92 Vi

*137

,

2

145'%

1961

139

1962

7s

A

Mexico

assented

Small

(1042

1968

$

("Republic of)

1971

g A5s

of

1899

1961
to

1952

agreem't)

77%

60-

63 Va

55'/2

143% 143%

1

1955

external

33%

21

(dollar

bond

of

readjustment
conversion

A5s

1937)—

94

(1942

73'%

85

44%

56'%

readjustment 1984J.-—_i_-Jan-Jufp/
Valle Del Cauca See Cauca Valley (Dept of)
A Warsaw
(City) external 7s 1959——
Feb-Aug
A4Vis assented 1958
Feb-Aug
due

(City of)

1961

6s of '26

extended

to

•

—

A4s of 1904

(assented to

June-Dec

—

RAILROAD

§A

4s

of

1910

Southern
first

(1942 agree't)

(assented

to

1922

American

"9%

(1942

agree't)

1963.Jan-July

&

10

*15

15%

20

debentures

15%

16%

16|%

2%s

debentures

15%

16%

(1942

Jan-July

agree't)

2%s

1963,-Jan-July

*17%
17 %

(City oft

Stamped

6 Vis

1952...

(State)—

April-Oct

to

ex'l

to

Plan

2.125%)

Mar-Sept

(Kingdom of) 3%s
(Kingdom of) 4Vis 1956

38

34

1959—Mar-Sept

53

*38

33%

41

*100% 102

sinking fund 4'As 1965--;
April-Oct
sinking fund external loan 1963
„Feb-Aug
sinking fund external 1957—_j._—,_ApriI-Oct

101 Va

1970—June-Dec

1952

102%

16

100'%

101 Va 101%

12

99%

98'%

100'%

*102'%

Feb-Aug

100

100

1953

(30-yr)

1958

(City)

extended

Stamped

(State
to

(Republic
loan

A Nat

extl

loan

7s

to

f

6s

f

s

1st

6s

7s

2nd

-April-Oct

1966

pursuant

reduced

to

APrussia (Free State)
s

f

gold extl

to

2.25%)

6Vis ('26

('27

loam

Stamped

pursuant

reduced

to

§AExternal

to

to

2% )

do Sul

gA8s external loan of

Stamped

pursuant

reduced
external

Stamped

101%

Stamped
reduced

to

loan

of

pursuant
to

to

2.25% )

55%

and

16
8

12

9%
14

43

10%

11%

Ref

12

reduced

gARome (City of)

to

Series J

6Vis 1952—

Pnr footnotes

scp




-April-Ocf

(,» >

;<:•

S'western

40%

67%

134

79%

40

68

127

—

First

79

33%

40

42

55

%

51

35%

31

35%

103'/a

105

103%

96

1003%
106 Vi.

97%

97

97%

101

101%

77%

77

73

Mar-Sfept

77%

lly

77%

73%

783%

77%

77

77%

73%

79

3%

^

93 %

9%' (l02%

6%

—

Feb

1

West

80

—

90'%

P0'%

91%

28

86'%

91%

May

66%

66 '.'4

66%

152

64%

'71 Va

May-Nov

96'%

.96'%

96'%

11

93i%

97%

8

79'%

84%

78'%

83%

1995——j_—.June-Dec

1

income

74%

)22/5%

2010—

Virginia—

mortgage

5%

ser

conting inti

A

|."

1980_jan-j«fy

83 7 a

CO

81

—

and

ref M

of

RR

Pa

Industrial

A6'bs

f

series

4%s

5s

D

conv

series

Loan

City Electric
s

4s

C

6s

I960..-

debs

2'/2S

1955

debentures

1985__Jan-July
1976Jan-July

1951

April-Ocf

92

31

2

92

16

;

June-D'c

f debentures 1959—------Feb-Aug
Steel Corp—
mortgage 2%s series I 1970
Jan-July
Consol mortgage
2%s series J 1976— .May-Noj;
Consol mortgage 3s series K 1979—Jan-July
s

60'%

108'%
ll-r*

1961_May-Nov
April-Oct

-co

103 "4 103%

*98%

90

4

93

107%

I

94'%

109%
98'%

80

80

1

80

110

77

77

77

1

77

110

85

83

6

85

98

—

Consol

*68

Borden

-—April-Ocf
1968—June-Dec

*49

58

45
58

50%

56%

53

:

Boston
First

(The)
&

Co

Maine

93

10

97

,

11$

40
*60

40
—

~~
40'%

40'%

Junp-D'c

*40

86'%

96%

37%

40

60'%

60%

37

40%

mortgage

5s series

First

mordgage 4%s

99

First

mortgage

series

AC
II

series

1967—_—Mar-Sept

89%

74'%

General
1st

98'%

102'%

97

101

4s

mortgage

series

2%s

RR

98'%

1976——

mortgage es 1980———

Jan-July
Jan-July

104

104
0

97%

--

--

--

40
.

104

100%

70'%

38

74%

51%

-

_.

81'%

99'%
76%

53%

4

*101%

76'%

2
.

73%
53 V

5

100

...

53'%

97'%

95%

6

39%

80%

1961— —.April-Oct

I960--——Jan-July

40

3

5

93

100

1955——-May-Nov
JJ

AInc mortgage 4V2s series A July 1970 May-Nor
Bristol-Myers Co 3s debentures 1968—_—Apri(-Oct
Brooklyn Union Gas 4s debentures 1969...Mar-Sepf

92'%

93

101%

101

2%s debs 1981———-.Mar-Sept
5s

37'%
96%

68

101'%

100'%

RR—

mortgage

First

A

--April-Oct

4

99%

104'%

Mar-Sept

contingent interest)
Dec

first

div

Telephone

§A6'/2s

55%

35'%

(interest

2004

104

Bethlehem
35 Va

—April-Ocf

Plan

due

fixed & 1% %

lien

Beneficial

56%

(interest

1966—Mav-Nov
(interest
*

109%

101%

25

105

s

103

106%

1

103

104

119

23

—June-Dec

interest)

1995—-

1

mortgage

Bangor & Aroostook
Bell

142'%

56%

55 Va

(interest

105

•1243/4

101

Toledo-Cincinnati division-

ABerlin
40

2004——.June-Dec
2.25%)

and

A4'%s convertible

42

39

*125

Plan A

contingent

-

general
fixed and 3%%

15

8'%

39

Mar-Sepf

*58%

105

—

117

111%

8

101%

Refunding 4s series A 1980--—-.-

41 Va

*40%

April-Ocf

83

103

RR—

3%

and

(3'%%

(interest

55

119

105

103

1%

fixed

13

A

1946-

122'%

119

103

contingent interest) July 1975_April-Oct
Refunding, and general mortgage 5% (2%

63%

16%

71

due

stamped pursuant to

(interest

*

103%

101

5

108'% 109

mortgage 4s series A July 1975
.April-Oct
mortgage 5%
series B < 4 % fixed

Pittsburgh Lake Erie &
Jan-Julv

121

*103'%
108%

Jan-July

1996—

-—June-Dec

1926

1966

1

*9

121%

Jan-July
Jan-July

—1

96

101
80

101% 101%

Mar-Sept

March

*11%

;

May-JVon

1980

A

ser

91

5

68 7%

—

—

May-Nov
---June-Dec

due

62%

8

71

A

1964

A

102

*82% 100

.

—.April-Ocf

Series M

Feb-Aur/

Plan

4%s

4'/2S-4s

Baltimore & Ohio

40

9'%

71

sinking fund gold

.

95

102
.

102%

...

:

71

A

1962—.lyiar-Sepf

11%

36

—

Plan

-.—---April-Oct

debs

*93

—

April-Oct

2000.—;

jan-July

130%

76

55%

loan) 1951 .Mar-Sepf
Apr-Ocf

1999

1966-.
3%s

June-Dec

—

Quar-Jan

1

Plan

A

1960
1977

1995

March

8 Va

118

68

102%

July 1

mortgage

128% 129%

...

99%

.

183 %

Dec

8 Vi

99%

93

98%

due

April-Oct

105 Va

95%

96%

due

*13

104%

17

15

K

1947—April-Oct

14

32

93'%

25

Series

*9

97%

98

100% 101 Vb

Series G

to 2%) i2012

external

1967

96%

105 (% 105'%

—

100'% 100%

63%

1921' 1946

to

,2.5%)

pursuant

reduced
A7s

to

Plan

5s

RR

97%

100%

Line

Coast

92%

95%

132

10

1953——Feb-Aug

ofi

4s

941/4

16

95'%

99%

10

2012

(State

Co

98%

124'%

87

55

2006..—__JansJuly

A

Corp 4s
debs

3%s

gold. 4s July

Investment

93%

87%
111%

100% 101'%

*10'%

2001—,

6Vis

pursuant

reduced

Plan

2.375%)

secured

Stamped
Rio Grande

to

Inc

46
47

134

1321/4

*621/4

April-Ocf 1

1952—

§ A Rhine-Main-Danube 7s 1950
gARio de Janeiro
(City of) 8s

A6s

92

122% 124'%

119%

1995--—.
Charl Air Line Ry 3%s 1963

First

—

stamped

(interest

Nitrate

Products

First

April-Oct

stamped pursuant to Plan A
(interest reduced to 2.375% 1 2001

A5s

97

91'%

92

95%

1977—

mtge 4%s ser C 1972
Atlantic Refining 2%s debentures
3%s debentures 1979—.

84 Va

1961

7 Vis

96

96

100%

*62%

%

97%

1962—April-Oct
April-Oct

3s

*62 %

1940

693/4

91%

Feb-Aug

debentures

I960—June-Dec

series

62%

28

118%

130

100%

37

338

96'%

14

37

—

7s

100% 100%

69'%

146

Mar-Sepf
Mar-Sepf

§ A External sinking fund
gold 8s 1-950—Jan-July
Vis assented
1963—

8s

W

Gen

139%

70%

73

68 %

95'%

96

131%

*52

a 4

(City of)

73

85

130'% 132'%

Mar-Sept

1959

gAStabilization loan sink fund 7s
A 4Vis assented
1968———

Porto Alegre

73

77%
118%

—

77%

130%

Atl

123

131
82 Va

116

130%

Atlanta &

interest

series

§ A Poland (Republic of) gold 6s
A4Vis assented 1958

82'/«

100

85

130'%

1961—April-Ocf

1

2008——

external

s

extl

1955—

A

*125%

-May-Nov

1947—

Plan

2.125% )
of)

1968

4'%s

of)

pursuant

reduced

to

*138

Mar-Sept
May-No?;

1958

93 %
100

Jan-July

Gen

Mar-Sept

_

1963—.

(30-year)

sinking fund

gAPernambuco

ANat

1953

extended to

A5Vis extl loan

P

Stamped

103

98'%

100

2

June-Dec

__i

Atchison Topeka & Santa Fe—
General 4s 1995__.
_■—1

102%

101%

—

Oriental Development Co Ltd—

§ A 6s extl loan

103

1963

1969.

first

Associates

102

4

100

107

68%

122%

June-Dec

1964

debentures

Arbor

Ann

102

100%

1102 V%

3Vis

t-4 0 0
14

1U0-8 103

1041%

1043/4

95'%

April-Oct

——

-------

1965

Tobacco Co

Anglo-Lautaro

A

1957—_May-Nov

Municipal Bank extl sink fund 5s

debs

Anheuser-Busch

__Mar-Sept

External

APeru

Jan-July

1971-4—:

debs

debentures

3%s

(interest
_

conv

American

38

58

IOj'b

6s

53'%

*58

38

101%

9

84'%

June-Dec
:Z:

debentures

cony

1001/4

61

84%

3%s

conv

105'%

98%

96

18'%

3 Vis

74

103%

102'%

96

94

53%

~i

105'% 105%

—

17%

1*58

Mar-Sept

due

April-Oct

1987—

100

71%
100

98%

Mar-Sept

6Vis

Netherlands

5Vis

debentures
debentures

102%

99

11

■

102

105%

92%

17%

99%

<1

Feb-Aug
Mar-Sept

3s

2008

pursuant to Plan A
reduced to 2.125% ) 2008

Oslo

1975.1-

1982

1043%

101 %

2

104'% 104%

__

June-Dec

'interest

A

sinking fund

gANuremberg (City of)

17%
*94

99'%
*72%

2%s

3%s

Stamped

due

99%

19

17%

18

»

sinking, fund 6Vis 1958

pursuant

reduced

6s

-Feb-Aug

1986-

debentures

101

101%

Co—

2%s conv debentures 1961
2%s

84 %

100%
—

102% 102%

__

3%s debentures 1973—-—J--

ASecured extl

4s

Corp 3%s s f debs 1964.. May-Nov
Foreign Power deb 5s 2030.. —Mar-Sept
junior debentures 1987
Jan-June

4.80s

1922

to

1„66____June-Dec

American Telephone & Telegraph
2%s debentures 1980-11

15%

assented

new

Minas Geraes

"

debentures

11%
142

77%

Bosch

American

i,

ASmall

Norway

April-Oct

17%

gASmall

ASecured

May-No;;

17%

3s

6%
130

COMPANIES

April-Oct

17%

agree¬

gATreasury 6s of 1913 (assented
agreement)
1933 —1

g A Milan

April-Oct

17

Jan-July

assented
—

1975—

Dye 3 Vis debs 1978
Mfg 2s debentures 1956

Airlines

8

84'%

*101'%

16 1

20

15%

—

83%

1

*103)%

17

9%

80Vb

12'/2

!„.-Mar-Sept

—

17%

9 Va

99%

72

12%

-139%

INDUSTRIAL

17%

9 Va

94%

95i%

8

8
84%

May-Nov

&

2%s

new

A6s

Chemical

American

1968—Jan-July

94%

92 -

81

1972—_Jan-July

17

1922 agree't)

1945

ASmall

AND

1967

Mar-Sept
Aluminum Co of America 3'/as 1964..Feb-Aug
Aluminum Co of Canada Ltd 3%s 1970—May-Nov

gASmall
A4s

3%s

mortgage 3Vis

Alleghany Corp debs 5s ser A 1962—
Allegheny & Western 1st gtd 4s 1998

27

_-June-Dec

assented

ment)

Great
Power

*15%

dug 1954
A4s new

95

89

99:,4

12%

12%

1961-- —--June-Dec

1971

10%

Allis-Chalmers
17

90%

1

*79

3 Vis external

Allied

1963.Jan-Jnfy

18

*97%

mortgage 3 Vis 1984Albany & Susquehanna RR 4Vis

,

91

96'/»

30

L—

agree't)

;

94'

91

May-Nov

l._.May-Nov

1st

—

ASinall

100%

•:

1979——.

1979

*15%

assented

new

ALarge

86

167

99 %

*93%

Alabama

—

79

166

167

1946

8s

19%

_

§ A Small

60

144%

134%

*100

r

32

27

130%

71%

Mar-Sept

1945

25 Vi

1945—Quar-Jan

15

76'/

76

June-Dec

—

22%

Quar-Jan

(1922

74%

121%

4s-4%s-4Vis external readjustments 1978_.Feb-Aug

g A Small
assented

121

68

'"65 Va

_

1963

to

f

s

Alabama

g A Large

120
9

19%

*65'/a

76%

Mar-Sept

coupon on

1953—

ser

(Republic*

External

g A Large

gA5s

101%

*126 '%

April-Oct
April-Ocf

19 71

'12

1952

1945 extended to

External

-

1945

13'%

100%

~8

72%

72%

72%

33

93

—

due

10%

*120%

Jan-July

Mar-Sept
Feb-Aug
sinking fund 6s I960——-_--May-No'v
AExternal sinking fund 6s
1964——-May-Nov

139

"9%

15

11%

100% 101 %

Jan-July
1981

to

92

19%

3%s-4'/8s-4fas external conversion 1978-June-Dec

10 Vi

26%
149

87

16

91

90%

Jan-July

83'%

*10

15%

143%

167

6s

1968.Jan-July

6

'—.Jane-Dec

mtge

AYokohama

agreem'ti

26%

AExternal

1943.-May-Nov

—

19%

*10

——

ANew

73%

15%

26

June-Dec.

80%

541/4

19%

*147

June-Dec

1958

13

*53%

87

64%

19

II

May-Nov
June-Dec

June-Dec

extended

extended

1st

gAUruguay

Irrigation—

g A4Vis assented (1922 agreement)
§A4Vis small 1943

1962

86

*82

-

73

84

73

18%

May-Nov

85%
25'/a

87

59

67

67

(Kingdom)—
1962.

loan of

1st mtge

1953

156%

87

75

87

Ujigawa Electric Power Co. Ltd—

101

129

52

93

64

73

*79

*84

extended

sterling

§A6s

95'%

93

100

156

77

Tokyo Electric Light Co Ltd—

56'%

95%

36

73

II

*71

1968

external

g A With March 1

gA7s

100

156

,-May-Nov

A

Mexican

(40-yr)

due

49%

—

56|Vi

70

*92

Plan A (interest
2012
^
April-Oct

—

1958.:

3%s-4s-4'/»s

1964

1965-—,—

extended

55

*95'/2

June-Dec

Japanese (Imperial Govt) —
A6Vis extl loan of "24 1954

-

59

to

external

assented

7s due

Jan-July

—

50'%

Tokyo (City of) —

133

52'%

58

*73

Jan-July
Jan-July

loan

2% )

(Prov ofi

Vis

6s

—Jan-July

Public Utility Institute—
30-yr gtd ext s f 3s 1977
gAE'xternal 7s 1952

A5 Vis

dollar

to

2004-

1st mtge s f 1952
due 1952 extended to

A5Vis

163

100'%

51

61

56

55

(interest

Sydney County Council 3Vis 1957Taiwan Electric Power Co. Ltd—

162%

97

98Vi

High

60

Jan-July
_Mar-Sepf

series B secured, external

A4

Italian

g A Italy

2.25%)

A5Vis extl loan of '27

A7s

Low

60%

Jan-July
Jan-July

1956

secured

6'/is

Greek Government—

gA

external

ASilesia

—

June-Dec

Jan. 1

No.

Shinyetsu Electric Power Co Ltd—

Great Consolidated Elec Power—

6 Vis due

to

Range Since

Sold

A

gA6Vis

1965

Bonds

(interest

Plan A

to

A7s

80%

47

Plan

1999

loan

Serbs Croats & Slovenes

—

—

German Govt International

65

June-Dec

1972

(extl loan

2.5%)

A8s

1980

3s

German

to

pursuant

reduced

Apr-Ocf

to

to 2.5%)
1999.—
1950——_———1

Stamped pprsuant

International loan of 1930—■

s

Higu

May -Nov

pursuant

reduced

reduced

issue—

1972

bonds

__

2012^—

external Water

57%

59%

2% t

external

Stamped
A6s

1953

issue

Prussian Conversion
4s

60

47 %

--

211

1936

fund

&

conv

April-Ocf

1972

34%

73%

Friday

-—.May-Nov

Stamped pursuant to Plan A
reduced

68%

70:%

71

1952—

8s

stamped

(interest

17

A7s

April-Ocf

1969

or

Bid & Asked

(State of)-—

1936

122

External loan of 1924

3s

Paulo

8s

(Federal Republic of)-—

German

Week's Range

Last
Sale Price

Stamped pursuant to Plan A (interest
reduced to 2.375%% 2001—
May-Nov
6 Vis extl secured s.nxing. fund
1957—.May-Nov
Stamped pursuant to Pian A (i uerest

A

43

(City)

reduced to
—

Period

Low

gASao Paulo

El Salvador

3'%s extl

Interest

Exchange

High

to

Denmark

28

Friday
Bonds

—

Stamped assented (interest reduced
6Vf ) extended to I960--

MAY

ENDED

Week's Range

__

5
—

■

78

75'%
59

100

101'%

102%

104'%

92'%
—

98
—

•

Volume 179

Number 5329

The Commercial and
Financial Chronicle

...

NEW YORK BOND RECORD
Friday

BONDS
New York Stock

Brown Shoe
Buffalo

Co

Interest

3¥2s debs

Sale Price

Jan-July

Terminal

Bush

1975.Map-Nov

Co

Cons

5s

Bid & Asked

1955.

87%

Jan-J.ly

Bu.ldings £s gta I960-.
general mtge income 1982

FOR

High

Bonds
Sold

87

NO.

Low
101

97%

877J

90

28

Friday
BONDS

94%

Interest

New York Stock Exchange

101 ¥2

Continental Can

Period

or

3s debentures

3¥4s debs

1965

1976

85%

99

April-Oct

100

101

103 ¥4

104%

5

81%

90

A 1st

90

Cuba

mortgage

(1942

4s

series)

1970

Bonds

¥4

Range Since

Sold

Hiah

*103%

Jan. 1

No.

99%

Low

High
100 ¥4

103 ¥■

104

3

:

M*.

*98

99

103
101 ¥a

Co 3¥aS s f debs 1977
Map-Nov
Crucible Steel Co of Am 1st
mtge 3 Vis 1966 Map-Nov
Cuba Northern Ry—

90

1

Friday's

Bid & Asked

Jan-July
-

Crane

41

Week's Range

Last
Sale Price

Low

Continental Baking

99 Va

5

90

MAY

High

100% 100%

Jan-July

ENDED

Jan. 1

104% 104%

Apri.-Occ

WEEK

Range Since

„5

*96%

Map-Nov

Terminal

A5s

Friday's

-100

&

Pittsburgn Ry—
Stamped modified 4%s 1967.

Bush

RANGE
or

Low

1971

Niagara Exec first mtge 2%s

Buffalo Rochester

Last

Period

Exchange

Week's Range

99

98 ¥a

91

—

.

June-Dec

35%

36

4

32 ¥2

36

21%

6

20

22%

25 ¥2

28

RR—

'

A

Electric

Power

first

3s

1976

June-Dec

*96 ¥2
*94 ¥2

California Oregon Power 3 ¥as 1974
May-Woo
Canada Southern consol gtd 5s a
1962.April-Oct
Canadian National Ry—
Guaranteed

gold

Guaranteed

gold 4%s 1955—.
gold 4'/2s 1956.

Guaranteed

Canadian Pacific

4%

consol

;

4»/2s

1957—

debenture

Capital Airlines Inc

(J.

I.)

3¥2S

Co

4s

A

ser

&

3s

4s

debentures

Celotex

3¥4S debentures

First

106 ¥1

108 ¥4

104%

9

103%

105%

105 ¥4

29

104 s/a

106 ¥»

—June-Dec

1965—

April-Oct

1st gold 4s

4s

series

A

AGen

mortgage

AGen

mortgage 4¥zs series

Central RR

Co

New

4¥2S series

of N J

York

3¥4S

Power

A

—Jon-July

Jan

1

2020

B Jan

1

2020

3s

Jan-July

1974—:

Central Pacific Ry Co—>
First and refund 3Vj>s series A

87

1992
I
-.Mar-Sept
impt M 3%s series D 1996— May-Woo
Refund and impt M 3¥28 series E
1996—Feb-Aup
Refund and impt M 3%s series H
1973.-June-Dec
R & A div first consol gold 4s 1989.

consolidated gold

4s

1989

53 %

4s

1958

1st

126%
100%

1997

■

mortgage 33/4s series B 1985—
Chicago & Erie 1st gold 5s 1982-a——
Chicago Great Western 4s ser A 1988xinc mtge 4¥jS Jan

Map-Nov
—Jan-July

mortgage 4¥2S inc

A

ser

2003

mortgage 4s series A

General

4¥2S
1

1994

84%

First and refunding mtge 23/4S-4¥4S

Income 2%s-4¥4s 1994

3¥as series F

mortgage

2%s

First

series

Jan-July

101%

577/a

87

100
87

5

52%

53 711

542

mortgage gtd 3%s series E 1969—Feb-Aug.
mortgage 2%s series G 1974
—.Feb-A lip
Corp 2%s 1959——— -—April-Oct
debentures I960.

T

4s

Financial

Cities Service Co 3s

f debs

s

.—".Jan-July
——Jan-July

1977

City Ice & Fuel 2%s debentures
City Investing Co 4s debentures

5s

series

B

97

,

Cincinnati

100% 101

12

97%

Wab

Mich

&

Div

104

1

104%

First

E

1977—Jan-July
1991..Jan-July

4s

3s

130
92

Colorado

Fuel

Columbia

Line

June-Dec

—-

22

3s

System Inc—
debentures series A 1975—————Jane-Dec

3s

debentures

3%s debentures

B

C

ser

1975—

101 ¥B

10134l01%

1

98 ¥2

Toledo

first

external

4s

mortgage

3s

series

N

1978—

s

s

f

debentures

f debentures

1999

April-Oct

1999

58

Alnglo-Lautaro
River

536

Consolidated

65

537/a

58 ¥4

70%

69%

Cigar

Corp

98%

107%

95%

100

103
105 ¥4

102

—

24

94 ¥4

100

100

100

8

97-%

105

105 ¥2

50

103%

106 ¥4

97%

33

99%

81

155

87 ¥2

101

__

79%

99 ¥4
94 ¥a

98

84 ¥4
'

94 ¥4

93

100''4

101%

70%

3

62

2

91

'

7 9 ¥2
68 Va
95

7

101

101

101%

2

97

102

98%

95

96

105 ¥4

102

102

99%

99%

Consolidated Edison of New

Tenn

El

Paso

Va

98

¥2

104%

95 ¥a

100%

96 ¥2

100%

23/4s

April-Ocf

consol

*94%

99 3%

95 ¥2

94%
*

993/4

/t

96 ¥2

■

98
-97 ¥4

95

105 ¥4

104 ¥4

105

155 Ve 155 ¥a

1

141 ¥2

155 ¥4

122 ¥2

124

109%

122 ¥2

121

1961

t
'

104%

9 2 3/8

—

■

102

100 ¥2

5

13'

*—

Map-Nov
B 1976.Mar-Sept

ser

___May-2Vow

Jan-July
1977—.——..Feb-Aup
_April-Ocf

Feb-Aup
—..Mar-Sept
Mar-Sept

71

71

75

*69

10

104% 105

105

105 ¥4

103

88 ¥2

83

*87 ¥2

93

98 ¥2

99

38

97 ¥4

1073/a 108

174

1003/4

2

94%

99

107%

97%

--

97 5/a

'

99%
108

99 ¥4

'

94

94

'•«—*

__

*97

¥2

98 ¥2

105 ¥2

105 ¥2

106

107

*103% 105

103 ¥2

104 ¥2

*140

145

140

142

*102

—

div

first

103 ¥2

97

•

—

*103 ¥2

w—' '

—
"

■

—

—

.

first 5s

1956.May-Nou
gold 5s 1995.Jan-Jwlp
1970.__—Mar-Sept

cons

3¥4S
first

5s

3¥sS

1965i___April-Oct
April-Oct

series

mtge 3VaS series
first mortgage

Tire

&

Rubber

2%s

debentures

3¥48

debentures

110

101 ¥2

983/4

1033/a
102 ¥2

1003/4
95

98 »A

103 ¥2

103 ¥2

98¥2

110

13

111

109

1083/4

108% 108%

1990.—Jan-July

AFirst
Fort

and

Worth

debs

1961

80
94

2

87 ¥2

88 ¥a

88

2

82%

88

37

99

.

88
88

*101

.

—

—

*96

Jan-July

1977——.--

1974—Mar-Sepf

96

103 5/a

18

100 ¥4 100 ¥4

June-Dec

1

95

96

96

100

104 ¥a
101 ¥a

92%,

99

"

104%

103

—

1023/4
96 ¥•

99%

70

*1045/a

1982—Map-Nov

1003/4

4

—

.

103 ¥2

.Map-Nov

Co 43/8s

102 ¥2

102

Map-Nov

—

Denver Ry

72 ¥4

94

88

*95

G 2000.—-Jan-July
3%s 1971—Mar-Sept

refunding 5s series A

&

78

77

108% 108y«;

2

"
3s

1972

F

JFlorida East Coast first 4%s 1959—^

G
General

Electric

8A7s

Co

(Germany)

debentures

§A6s

—

1945

§A6¥as debentures
debentures

♦133 ¥2 137

—Jan-July

1940

.Map-Nov
-Jan-July

General Foods Corp 33/es debs 1976—
Motors Acceptance Corp—

148

~2

119

135

116 ¥4 117 ¥4

19

116

126

103% 104

116 ¥4

132

123 % 124

June-Dec

1948

19

103%

105

175

103 ¥4

104%

General

debentures 1958-———3%s debentures 1961
4s

104

103 ¥2 104

Mar-Sept

103%

103

—Jon-July

103 ¥2

103 ¥2 104 ¥2

Jan-July

General

Motors Corp

General

¥1 104

78

103 ¥4

105

67

1013/8

105 ¥4

Realty & Utilities Corp—

A 4s

Good

debentures

income

conv

3¥»s debs 1979

95

1969——Mar-Sept

f mortgage

s

(B

F)

Northern

General

5s

1945.-.—

Co first

mtge 23/4s

100% 1003/8
125% 126

1965—Map-Nov

C

1973—

—-Jan-July

Bay & West debentures
Debenture certificates B

First

and

and

General

95

22

91%

97%

States

913/4

96 ¥4

1st

5

98 ¥4

101 ¥2

5

116%

126

111

116

4

99

30

-

91

■

10

83

6

trust

4s

3%s

Utilities

96 ¥4

85

73

94

'

83

943/4

19 ¥4

97%

70

75

15 ¥4

—

22

f

*104

inc 5s series A July 2015—___April
inc

99

91

...

96 ¥2

*18 ¥4

—

¥2

88

.

*74%

Feb

—•

91

83

*953/4

ctfs A——Feb

refunding 33/4s series D
series

B

1968

2%s

1st

1969-April-Oct

Jan

1969

2044

*96 ¥a

102

102

84

84 ¥4

92 ¥a

First

mortgage

23/4s

1979

mortgage

2%s

1980

June-Dec

¥s

100

102 ¥4

7

75

84 ¥2

—

92

92 ¥a

98

98%

101 ¥a

99

--

100

June-Dec

First

101

96

8

98
*

Jan-July

•

89 ¥a

98

102

April

105

101

105

Jan-July
1976—-Map-Nov
April-Oct

mtge

mortgage 3s 1978

debentures

1st

2

95

146 ¥2

116

97 ¥4
*96

refunding 4s series B 1975.—Jan-July

mtge

Collateral

91%

94

131%

Ohio RR—

General mtge

First

116

97 ¥4

mortgage 2%s series P 1982
Jan-July
mortgage 2%s series Q 2010——Ja?i-July
mortgage 2¥»s series R 1961——Jan-July

&

1

Ry Co-

series

mortgage

General

3s

1

135 ¥u 135 ¥a

April-Oct

1976
-Jan-July
3¥as series N 1990—-Jan-July
General mortgage 3¥as series O 2000—_Ja7i-July

General

A

95

,

Hope Steel & Iron Works—

§A7s

General

913/4

York

1033/4

933/a

May-lVou

:

F
Firestone

General

102%

953/4

100%

*71

1983

Georgia

Division

105 ¥4

1043/4

94 ¥4

103

102 ¥4

95

—

102% 1023/4

June-Dec

1980...

mtge

First

First
103

99

2

88

109 ¥2 112%

913/4

95%

82

79 ¥2

3

77

consol

Gulf Mobile

*94%

85 ¥4

84

.

*1013/4 103

General 4 ¥2s series D

95

1
1
—

98%

95 ¥2

First

Great

98-%

99% 100

84%
80 ¥4

101

98%

General Mtge inc 4¥2S ser A Jan 2015
April
First consol mortgage 3¥iS series E 1964_April-Oct

Goodrich

9 8 ¥2

24

91 ¥a
^

Co—

Firs^ and refund mtge 2%s

ser

A

and

refund

B

1982_,Mar-Sept
1977_Apri!-Oct

95'%

ser

First

and

94%

refund

95%
94%

ser

C

1972.Jwne-Dec

98 ¥2

9812

1

95 ¥2

100 ¥4

101% 102%

16

98%

103%

96%

103

96 ¥a

1023/4

Hackensack

100 ¥4

105 3/a

SAHarpen

mtge 2%s
mtge 2%s

First and

refunding 3s series

First

and

refund

.First

and

D

1972.—.May-Wop
1979—Jan-July

mtge 3s series E

refund

mtge

3s

F

ser

1981

*100% 101

Feb-Aug

1st

& ref M

3¥4s

ser

1st

3%s

ser

H

&

100% 100 ¥4

G'1981—..Map-Nov

&

1st
1st

3s

ref

M

ref

M

ref

&

M

3%s
3%s

series
ser

El

Lt

1st

ref

1st

ref M 2%s ser U

1st

ref mtge s

f 2%s

1st

ref

ser

3¥»s

M

M

conv

Consolidated

2%s

ser

3'/bS

J

I

1984

Natural

cum

in

U

Consumers
1st

1976

(Baiti

-Jan-July

—

1983

.——Jwne-Dec
——.June-Dec

2%s

S

inc

debs

dollars)
Power

of

1968

as

to

use*




98 ¥4
*99
*—

_1

135

first

*106%

2%s

100 ¥2

98

94%

99 ¥2

106

—

¥as

debentures

2%s

*115% 118%

.Jan-Jwlp

125 ¥2 125 ¥2

1970

137

135%
100

98%

98¥a

Illinois

104

102 ¥.

104 ¥a

First

105%

107

11%

50

99%

99%

21

*105 ¥4 1057a

first

5s

A

1957

AAdjusted income 5s Feb 1957

104

11%

Manhattan

11
96 ¥a

105 ¥2

143/4
101 ¥4

107

Feb-Aug

April-Oct

107%

117%

&

94

Jan-July
_Mar-Sept
—Mar-Sept

—

1968

Lighting & Power Co 3V'4s 1967
June-Dec
Hudson Coal first sink fund 5s ser A
,1962_Jwne-Dec

Hudson

135

88

—

1976—_Mar-Sept
Jan-July

Houston
99 ¥2

96 3/4

*105

99%

mtge

Household

4

95%

*100

H
Water

Mining Corp 6s 1949
Hocking Valley Ry first 4¥zs 1999
Finance Corp
3%s debentures 1958

9 9 ¥4

104 ¥«

June-Dec

*97 ¥4.

187 ¥2

"4

98 ¥a

38

103 ¥2

104 ¥2

107

151

190

78 ¥2

76%

78 ¥2

119

67

56

52%

57

171

47

57

19 ¥2

23

237

15 ¥4

23

943/4

96

14

,21%

Illinois

Telephone 2%s series
mortgage 3s series B 1978

Central

A

1981—Jan-July

93

93 ¥2

98 ¥2

98

1023%

RR—

mortgage 43/aS-3%s

ser

A

mtge 33/4s series F 1984—

Jan-July

102

*106

19|9—.May-Now

Consol mortgage 5%s-33/4s series B
1979-May-Now
Consol mortgage 33/4s series C 1974."
May-Now
Consol mortgage 3%s series E 1982
Feb-Aug
Cons

*92 ¥2 101 ¥2

;—June-Dec

*„

*103 ¥4
103 ¥2

-i

103 % 103

*102

¥2

105¥a

%

103

105 V2

102

105 ¥2

l'

1263%

105%

—

186 ¥2 187 ¥2

94

135 ¥2

114¥a
94 ¥4

98

103% 103%
*107 5/a

90 ¥e
123
1

I
Bell

Consol

——Jan-July
M"

mortgage 3%s 1983

106 ¥a

99 7

—

*

May-Nov
June-Dec

*98 3
104

April-Ocf

Mar-Sept

1981

176

payment
1975

3%s

104%

105%

Cuba—

mortgage 3%s 1983
For footnotes see

98 ¥4

June-Dec

mtge 2%s

106 ¥2

1st

mortgage

mortgage 3¥sS 1982

164

*„

April-Oct

.Map-Nov

(stpd
2001

first

1053/4

104 ¥2

—

1981—...—Ap/M-Oct
ser
X
1986————Jan-July

Gas

103
17

June-Dec

Power

1976—

Railroads

104% 104%

Jan-July

1963

103%

10,4'2 105

Feb-Aug

debentures 1978...

Consolidated
A3s

Y

&

1983

debs 1967..—

3¥4S debentures

3%s

T

*—

1982_.______.... Mar-Sept

convertible debentures

Consolidated Gas

l

RR

23/4s

Y)

Railroad

102 ¥2

99%

100% 101 ¥4

77%

89

103% 1033/4

103%

Jan-July

1961

1965

First

—

&

(N

stamped

105%

97%

99%

70

30

96 ¥2

1995—.June-Dec

4s

4¥2S

1982

3%s

5s

100

100%

«

8

June-Dec

debentures

debs

Southwestern

&

104
6

56

84%
80%
*99 ¥4

June-Dec

—

67 ¥2
94 ¥a

90

April

;

100%

78%

Jan-July

-—

gold

Tunnel

&

101 ¥4

105 ¥2

98%

89%

.Feb-Aug

lien

3¥»s

Ohio

99%

—.Feb-Aug

1965—

3%s

1976

Elgin Joliet & Eastern Ry

104

100

84%

/

j

1995

2.35s

mortgage

Edison El 111

71 ¥2

96%

1993

1969—
first

mortgage

East

Gulf

1961

ser

K

Tol & Ironton

Chemical

1st

74

66%

—

90

11
■

(4 ¥2 %

1982..

98

100%

71 ¥4

.Map-Nov

1982—May-Sept
J 1985—Mar-Sept

1979

80 ¥e

69%
104

95

71 ¥4

103 ¥2

93

(

A

Mack

Erie

96%

95

71 ¥4

;

1970——

1st

¥2

72 ¥2

80

"94

Aprit-Oct

3%s series

H

Light Co
mortgage 2%s
1st mortgage 2%s

1013/4

Nitrate

Power

&

Detroit

69

603/4

101 ¥2

—

101

fixed

AGreen

——.April-Oct

Compania Salkrera—See
Conn

63%

75

r.June-D.c

2001

23/4s

Duquesne

54%

May-Woo

1007/a

96 ¥4

23/4S series 1

ser

debs

conv

3s subordinate

65 ¥2

1955—Feb-Awp

1977.—'——Feb-Aug

89 ¥4

Map-Nov

debentures 1958

Detroit Terminal

Dow

97 ¥a

5

L

sinking fund debentures

3¥4S

93

6

735

series

2%s

124

20

112%

112%

convertible

Second gold 4s

191

102%

3s

23/4S

99%

58%

103 ¥2 103%

mortgage

First

3%s

80

59%

112

'64..Map-Nov

103 ¥4
1033/4

RR—

(3%

A

series

mtge

80

100 ¥2

*102

...

Commonwealth Edison Co—First

117 Va

1

*—

1970—May-Sept

99%
101 ¥2

97

Div

1985

A

ser

interest)

refund

ref

85 ¥2

4

—April-Oct

1977

mortgage 35/aS 1983

Columbus &

3s

99 ¥4

3s

and

ref

73%

*—
102

5s

Western

1st

—Feb-Awp

„

3¥2s sub debs'(Conv aft Jan 1 '55l
Columbus & Solith Ohio Elec 3¥4s
1st

Edison

&

102% 103

Gas

series

1 %

&

733/4

64

99 ¥4

Western

&

mortgage {3% fixed
contingent interest) 1993.——

3s

*—

Jwne-Dec

gtd 4 Vis 1961.. April-Oct
Corp 4%s 1966—June-Dec

5
14

series C 1973—Map-Nov
199.3.—————.—May

series

Gen

90 ¥2

67 %

101

102

4

Income
Detroit

74

94 ¥2

Mar-Sept

...

first

Iron

&

78%

1970.J.Jan-July

mortgage

Cleveland Short

116

80 ¥2

797'a

67%

96%

tr

Grande

contingent

Detroit

91

*101

1990. May-Woo

mortgage 3s 1982
mortgage 2%s 1985—
3%s 1986——

First

Rio

mortgage

105%

94%

2

*99

1st

102.

102% 103

&

101

93

SO

June-Dec

trust 4s

100

Jan-July
Muy-Nov

1963

—

84 3 4

*105 ¥a

8 4 ¥4

1043/4

103

*94
100

Denver & Salt Lake—

106 ¥4

103

~2
--

84%

56%

coll

Power

&

I'k

127

95

96%

*100

5s

mtge &

Gen

%

99

83

1961.

Illuminating

First

117%

2

98 ¥2

10a

99%

June-Dec

mtge & coll tr 4¥2S

Denver

103%

97

M

mortgage series A
contingent interest 2018

103%

*107%

100

94 ¥2

97¥a

ser B 1985
Map-Nov
Light 3s 1973
April-Oct
First mortgage and coll trust 3¥as 1977.Jwne-Dec
First mortgage and coll trust 27/es
1979_Jan-Jwfp
1st mtge & coll trust 2%s 1980
Mar-Sept

99%

97%

106

refund

mortgage due

Income

100% 100%

June-Dec

Louis Division first coll
Cleveland Electric

101 ¥4

96 3/4

Lackawanna

and

Delaware

First

*94 Va

Refunding and impt 4¥2S series

55%
103

32

June-Dec

1993

St

51%
983/4

—

York

1st

21

104

99 %

28 ¥4

April-Oct

extended

1st

126 Va 126%
100% 101%

1966

Cleveland Cincinnati ChiC & St Louis
Ry—
Geneial
gold 4s 1993
June-Dec
General

75 ¥2

Co—

First

1965—

1965

Collateral trust 4-6s May 1 2042
Pennsylvania Division—

90

86

66 ¥2

6

—

I

79%
85

■.

70%
102 ¥a

100.

70:

First

27%

24

Morris & Essex division

New

¥»

*67%

Jan-July

25 ¥2

Delaware Lackawanna & Western RR Co—

Ry—

1st coll trust mtge 4%s ser A
1982.
Map-Nov
Cincinnati Gas & Elec 1st mtge 2%s
1975-Apnf-Oct
First mortgage 2%s 1978—
Jan-July
Cincinnati Union Terminal—

C

4s

,

■

—June-Dec

1977

Hudson

100

*77

96%

1978

Feb-Aug

debentures

debentures
&

A

3¥»s series B

23/4s

Co

98

58

1963—Jan-July

Chicago & Western Indiana RR

3¥8S

73%

1994.Jan-July
Jan-July

1963

G

mortgage 3Vis 1982

Dayton Union Ry
&

series

3s

First

101 ¥a

—___

mortgage

mortgage

AIncome

64

Chicago Union Station—
First

First

100 ¥»

67%

Jan-July

Chicago Rock Island & Pacific RR—
1st mtge 2%s ser A 1980—
Chicago Terre Haute & Southeastern

26

98

*77 ¥4

Chicago & North Western Ry—
1999—April

28

*24

993/4

*124
91 ¥2

mortgage 4¥2s inc ser A Jan 2019—April
increased series B Jan 1 2044
April
1

*25 ¥2

June-Dec

103 ¥2

84 3 4

conv

Second mortgage conv inc 4¥2S Jan
First mortgage 3s series B 1989..

Jwne-Dec

92

*94 ¥2

April

Jan-July

1970

1970

96

97

Chicago Indiana & Southern Ry 4s 1956—-Jan-July
Chicago Milwaukee St. Paul & Pacific RR—
First

27

B

4s

1

*98%

April

Jan

*25 ¥2

ser

4s

equip

1

__

*106

Chicago Indianapolis & Louisville Ry—
Als^mortgage^s inc series A Jan 1983....April
A2nd

&

Delaware

*101

.Map-Nov

2038

1

213 a

June-Dec

;

Dayton Power & Lt first mtge 23/4s 1975—April-Oct
First
mortgage 3s 1978—.
--Jan-July
■<

107

,1

April

-

First

AGeneral

AImp

General

>

5s

69
98 ¥a

1110% 1110%

Jan-July

RR—
conv

6 4 3/a

94%

105 ¥4 105 ¥4

_

mortgage inc

:

Deere

__

*99% 102%

Mar-Sept
refunding mortgage 3%s 1985..Feb-Aug
refunding mortgage 2%s 1970—Feb-Awp
vet mtge 3s 1990
—s~Feb-A\ig

&

102

*101%

First and

AGeneral

Jan-July

1970

99

*—

First and

Chicago & Eastern 111

106%

97

1043/4

*101 ¥4

Chicago Burlington & Quincy RR—
General

103

1

70 ¥4

.Jan-July

Second

ref

1970

A

95

*82 ¥a

April-Oct

4¥2S

2

—

1974

Refund and

110

%02%
74

Feb-Awp
First mortgage 3%s ■series B
1968__——Feb-Aug
Champion Paper & Fibre deb 3s 1965
—Jan-July
Chesapeake & Ohio Ry—
General

&

30

ser

4s

95

May
May

1987—x.——

¥2

*99%

1948—June-Dec

1995—,

ref

99

'

Feb-Awp
—Feb-Aug

1960

104

97%

April-Oct

I960—

103

lien

June

4s

&

First

100 ¥4 100%
105% 105%
*65%
66%

Georgia Ry—

mortgage

Central

3

104

-Feb-Aug

(1947 issue)

§ACentral Branch U P
Central of

1981

debentures

107% 107%

1st

A

95%

105%

103 ¥4

mortgage
lien

108 ¥2

104 ¥4

Jan-July

1976—>

3¥4$

Corp

96

93%
13

105 ¥4

1965—__..Mar-Sept

1978

debentures

93%
105 ¥2

—

Feb-Aug

I960——--Mar-Sept

Ohio

3¥28 debs

Corp

107%

98%
107 ¥4

June-Dec

(perpetual)

Carthage & Adirondack Ry 4s
Celanese

.L.Jan-July
__

Ry:—

.Carolina Clinchfield
Case

107

1st

A 1st

'

California

1033%

1013%

105 ¥4

102

102

32

The Commercial and Financial Chronicle...

(2392)

Monday, May 31, 1954

NEW YORK BOND RECORD
RANGE

Friday
BONDS
New York Stock

Interest

Last

Period

Sale Price

Exchange

or

(Continued)—
1955_.

Refunding 4s
Refunding 5s

1st

mortgage 3.20s series I

5^-Adjustment 6s series
5s

AFirst

series B

gold

5s

series

Inter

subord

conv

1

90

5

123

123

1

Interstate
3 Yes

Oil

si

Power

mortgage

1st mortgage

*88'A

Mar-Sept
Mar-Sept

115 Vi

112

115'A

103

102%

35

103

101 Va

1

series

A

115%

Jan-July

121 'A

April-Ocf

75 'A

Jan-July
Jan-July

121

121'A

18

75 %

209

74%
*112%

—

104%

1977

*78

___Mar-Sept

1978

8

85

*—

Jan-July

*—

Jersey

Central

Power

1959—June-Dec

Light 27As

&

4s

1976__Mar-Sept

96%

Mich

1st

81

1990—

4s

Kansas

City Power & Light 2%s
mortgage 27As 1978

1st

—

96%
97

April-Oct

*86
99

90%

3.'As: registered

96%

5

92%

98

*99'A

June-Dec

103% 103%

1st

mtge

Toll

3s

5s

1964
1959

99%
.

—

56

103'A

sink fund 3%

Lake Shore
3 Vis

99

15

Lehigh Coal

&

...June-Dec

Navigation
Coal Co—+

3Vis

*„

1970_—April-Ocf

A

92

1st

&

ref

5s

stamped

1964—;

Feb-Aug

1st

&

ref

5s

stamped

1974—

Feb-Aug

Lehigh Valley Harbor Term Ry—
1st mortgage 5s extended to
1984
Lehigh Valley Railway Co (N Y.I —

mortgage 4 Vis extended to 1974.
Lehigh Valley RR gen consol mtg.e bds—
Series

A

4s

Series

B

4Vis

fixed

interest

fixed

Series C 5s fixed
ASeries

D

4s

ASeries

E

4Vis

2003

interest

2003-

interest

contingent

interest

170

181%
4

(.99%

§ A Lombard Electric

Long

Island

7s

1952-

(P) Co 3s debentures
3s debentures 1976
debentures

D

ser

Lorillard

3%s

1st

mtge

3 Vis

F

65
55

86

93%

83%

68'A

8

05%
73

61'A
69.

74%

32

56'A

63%

89

94

*101%
*—

*102

Feb-Aug

*„

(General

3%s debs

1972—

Jan-July
Feb-AUg

89

2

115

119

103

First mortgage 2%s 1980

.—June-Dec

96

99

_—Feb-Aug
Michig .n Bell Telephone Co 3'As 1988—-April-Oct
Michigan Central RR 4'As series C
1979—Jan-July
Michi an Cons Gas first
mtge 3'As 1969—Mar-Sept
Fir t mortgage 2%s 1969—
—Mcr-Sept
First mortgage 3%s 1969.L
——Mar-Sept
3Vis sinking fund debentures 1967
——Jan-July

4s

Minnesota

Minn

St

First
A

Mining & Mig 23/4s

Paul

&

Saulte St

mortgage 4 Vis

General

M ssouri

'A

1

Texas

Missouri-Kansas-Tcxas
Prior

lien

40-year
Prior

5s

series

4s series

lien

ACum

series

4'As

99

96%

5

101%

15

89

4s

Jan

'

>

5s

D
ser

AFirst and

—

101%
'

—-

102

95%

AFirst

and

refund

AFirst

and

gold

5s H

97%
103%

4s 1991
B

Morris

(John)
k

Essex

& Co

first

seres

3s

1966

debentures

gtd

Construction

mortgage 5s series
mtge

3Vis

debentures

4Vis

series

92%

.

.—

1955—May-Noo
1955—-May-Nou

& Tel

2%s 1986
1978-..—

_May-Nov
Aprii-Oct

61%
■■

■

■—

National
3s

Dairy

Products

debs

debentures 1970

3 Vis

1970—June-Dec
June-Dec

90

89'A

111%

46

99%

y-

117

104%
,

I89

3s

3s
New

May-Nov

debentures

1982

debentures

1974

104%

For footnotes

see




33

Jan-July

79%

94%

53

104%

nay.

196

104'A

113%

6

63%
97

^'

'

99

67%
100

99%

21

60%

2

101%

102%

2

100%

101%

88%

93%

100

1

97 'A

63%

100

87

95%

98

101%

10

101%

103%

3

100 Va

104

-~l\

100

100

5

100

101%

103'A

102

103%

11

100

104

—1

60 7A

60%

5

58%

60%

43%

48%

6

48'A

54%

96%

97

19

93%

97%

103
98'A

94%

103%
102 %

108

97%

98'A

105

102% 102%

4

121% 121%

14

106

102%

104%

116%

123

*107

110

110

*104

104%

104%

May-Now

104

5

103%

105%

26

105%

113%

102%

107%

104

112% 112%

Quar-Jan

•

110

—Quar-Jan
76%

76%

Quar-Feb

*73

Quar-Feb

77

29

71

77'A

67%

74%

74 V4

98%

104%

98%
99%

93

97%

4%s

1975

Power

105

Co—

first

Mar-Sept

mortgage 2%s
2%s 1975—

*92'A

1974—Feb-Aug
——April-Oct

96%

98

97%

—

mortgage

3s

»—

98%

*—

104%

»—

98'A

103%

104%

91

98%

98

102%

—Mar-Sept

1979

Telephone 2%s 1984——June-Dec

Bell

Edison

first

101% 102

1974——.Mar-Sepf

mortgage 3s

Gas & Electric 2%s

mortgage

1979

3s

mortgage

27/«s

1980

mortgage

3%s

1982_

--

95

99%

97

97

•96%

May-Nov
Mar-Sept

98

93%

97%

99%
,

►101

103

102 % 162%

I960—April-Oct

27

101

103

102%

103%

Pacific Gas k Electric Co—

refunding 3%s series I 1966

First & refunding

3s series J

*103'A

June-Dec

101

101%

29

99%

103

102

102%

21

99%

103%

100

100%

32

99

100

101

18

9S%

102%

5

96 %

102%

refunding 3s series M 1979——June-Dec

First &

,

,

k

97%

98%

94

1982^..June-Dec

3'As series R

97%

*104%

1983——-June-Dec

*—

*„

M

4s series

V

ref

M

3'As series W

&

Tel

—^June-Dec

100 y4

94%

1984

3'As

debentures

1978

3'As

debentures

1983---

debentures

debentures

Oil

Illinois

&

3%s debentures
1st

f

s

Pennsylvania-Central

Pennsylvania Glass Sand 3'As
Pennsylvania Power & Light
Pennsylvania RR—
4'As series

General

5s

General

4'As series

General

mortgage

series

ref

mtge

Eastern
4s

100'%

102%

92'A
94 7A

99%

101

4

98%

103%

101%

96%

5

101% 101%

9

99%

5

104%

106%

106

108

*99%

__

99

__

100%

—

95

96

22

90%

98'A

:

98%

17

96

105

104%

99%

100%
96

June-Dec

1960

April-Ocf

98%

Feb-Aug

3s 1975

101%

107'A

107

106%

109%

101

100% 101%

66

100%

105%

————June-Dec

105

104

41

103

109%

1968---

D

1981—

3%s

ser

4s

H

.Mar-Sept

91%

92%

49

»13/*

92'A

28

91%

99'A

78

3

77 %

86 V.

103%

104%

94'A

,

„

95

59%

1—April

1980

16

*103% 104'A

1981-——.June-Dec
I960—_ApriZ-Oct
——

105

78

external

1990

107%

91%

92%

4'As series E

first

April

35

2

*100%

I960. April-Ocf

——_April-Oct
1984—Jan-July
mortgage 3'As series F 1985
Jan-July
Peoples Ga« Light & Coke Co—
&

108

11

*106%

General

&

105%

1965-——---——-June-Dec

A

B

106%

5

104% 104%

Mar-Sepf

Consolidated sinking fund 4'As i960—
General

100%

102 V.

105 %

94%

1955—Jan-July

3'As

101%

96 %

,

'

96

1964__June-Dec

gold 4%s

Airlines

96

99

97

106% 106 %

101%

May-Nou
_______

103

101

Mar-Sept

1984_„

99

98%

94%

101

————Mar-Sept

1981

92%
94%

96

April-Oct

-i.

1

100%

100% 101

102%

24

__

105% 105%

2%s debentures 1985—.June-Dec
1986-———————April-Oct

3'As debentures 1987

Pacific Western

*—

—June-Dec

1984i

Tel

First

94

96%

2%s series P 1981——June-Dec
2%s series Q 1980—--June-Dec

59%

101

101

10

90

5

53

8

95%

99%

95%
60

102

Philadelphia Baltimore & Wash RR Co—
General

5s

series

B

1974

General gold 4'As series
Philadelphia Electric Co-

First

First

1977—

Jan-July

&

refunding. 2%s 1971————June-Dec

&

refunding 2%s 1967—
refunding 2%s 1974
refunding 2%s 1981

&

&

109

First

&

102

First

&

102

1st

&

ref

mtge

37As

1983-——

99'A

104%

1st

&

ref

mtge

3'As

1983

refunding 27As 1978
refunding 3'As 1982—!

—

May-Nov
May-Nou
—June-Dec

112%

109

101% 101 %

101

106'A

99%

96

100 V*

33

98%

101%

5

95 7A

*108

Feb-Aug
C

First

106

100% 100%

1977——June-Dec

refunding 3s series S

27As debentures

4s

100

*

refunding 2%s series T 1976_:—June-Dec
refunding mtge 3%s ser U 1985_June-Dec

ref

1st &

3s series N

—

June-Dec

1970

98%

102%

97%

June-Dec

—

Oregon-Washington RR 3s series A

11

*96

*—

1975———.^Feb-Aug

97%

1

*95% 100%
*—

81

60%

1974_Mar-Sepf

2047———

First

*103'A 104%

105%

48'%

——April-Ocf

——

1

Pere Marquette Ry 3%s series D

93%
20

—

77%

93%

A

102'A 102%

-.Mar-Sept
1988

6

93%

Paducah

113 V.

103% 103%

April-Oct

Jersey Bell Telephone 3 Vis

101%

78

98'A

1973

mortgage

104 %

w'i-."'

108% 108%

%

10

trust

mortgage

Oklahoma

112%

91%

100% 100%

——

77

105%

104% 113%

33

324

67

__

68

*102% 103

mortgage 2%s 1975———-——April-Oct
First mortgage 2%s 1980-———
May-Nov

85%

101% 101%

*97%

II

First

;

94

75

i

17

—

—

62

66%

106%

Ohio

99

—

debentures

1976...
..June-Dec
Distillers Products 3 Vis debs 1974
April-Oct
National Steel Corp 1st 3 Vis 1982
——May-Nov
National Supply 2%s debentures
1967
June-Dec
New England Tel & Tel Co—
First guaranteed 4Vis series B 1961

13

66%

—

6%

105%

AIncome

Natl

99%

5%

103%

Peoria

23/4s

3%

94%

103%

1st &

83

*93

1%

14

104'A

56

<

Feb-Aug

18

97'A

14

First

97%

100

22

3%

3

43

First &

N
Nashville Chattanooga & St Louis—■
First mortgage 3s series B 1986.-

63%

102%

"6%

6

96'A

*97'A

Fiist

94%

—

■

54%
99%

10

87

5

—

— —

—-Feb-Aug

100

2

61%

112

92%

100%
102%

94

101

57'A

*102%

94%

refunding.
First & refunding
First & refunding
First & refunding

96%

61 Va
.

.

94%

106%

101

—

69%

104

48'A

94

.

85%

66%

105%

First k

93'A

*99%

234

104% 104 7A
104% 104%

80

19

*100

—

69 %

56%

57 Va

—Jan-July
Feb-Aug
First mortgage 3'As 1982----.
June-Dec
(Wisconsin) first mortgage 2%s 1977—April-Oct

103%

67

—

80

82%

4

101%

98%
5

111% 112

--

14

104%

101

110% 111%

—

67%

69

refunding 3s series K 1971——_June-Dec
First & refunding 3s series L 1974—.^June-Dec

96%

111'A

Mar-Sepf
Feb-Aug
1958—_May-Nov

*86 %

—

100% 100%

100%

111

Feb-Aug

90%

,767a

103% 103%

102%

"

84%

5

—

*105% 107'A

97%

92%

86

2

80

Jan-July

99%

—

111%

86

87%

80

104%

First &

110% 112'A

91%

87%

—

80

3s 1978
First mortgage 2%s 1979———

99%

100%

90%

—

First &

103%

111

92

98%

9«%

18

98'A

96%
92

96

104%

103%

94%

99

»A

90%
84%

*

—.

60

103'A

111

1

20

»;

84%

102 Vi

—

111%

June-Dec
A

B

60

111

April-Oct
1981

3 Vis 2000

Construction

Mountain States Tel

80 Vi..

70

'

95%

88%

*99'A

—.—April-Ocf

debs

'3'As

98'A

1980

Mohawk k Malone first
gtd

1

100

83

:~

1977—Mar-Sept

Monongahela Ry 3 Vis

95%

96%
93%

1978—Uay-Nov
1949—_May-Nov

I

13

82%

95%

88%

88%

104%

Pacific

111%

G

refunding 5s series

99

98

61%
101

20

First

102

102%

103

48%

98

95

91%

101

„

83

103

1965—Feb-Aug

F

§AConvertible gold 5Vis series A

Morreil

98

23

94%

»

.

100%

105%

88

...

97'A

48'A

——Mar-Sept

refunding 5s series
refunding 5s series

and

\

58%

100

Jan-July
Jan-July

2047——

102 %

100

1

94

83

—

i

A

—

AFirst

May

38

1037A 104%

First &

Jan-July
Jan-July
1978—
^Jon-July
A Jan
1967—Aprii-Oct

^Missouri Pacific RR Co—
AFirst apd refunding 5s series
AGeneral 4s 1975

.

1991—.

64

61%

Jan-July

——;

Jan

First

105

10

*95% 100

1990—June-Dec

64

63

61%

79%

103%

■

—

59

64

—Jan-July

1983-

sf

1997

3s

Northern States

100

91%
82%

5

Gas

registered

Northwestern

102% 102 Vi

April-Ocf

160

74%

Collateral

101%

102%

— —

*100%

1971—May

62

76

Refunding & improve 5s series D 2047—Jan-July

104%

98

*

1962

1962

series

adjustment

Jan

A

ser

first

RR—

A

B

A

57'A

75%

Refunding. & improve 4%s ser A 2047—_Jan-July
Refunding & improve 5s series C 2047—Jan-July

93

103%

1

3'As

1997—

4s

lien

(Minnesota)

105% 105%

'

Marie—

inc

mortgage 4s inc

Kansas &

1967—

*101%

14

68%

Ry—

registered

3s

*97

*103

62

62%

61%

April-Ocf

1977

refunding 4%s series A

lien

Prior

98

—

104

&

General

*95

1974—May-Noo

!-

60%

Ry first gold 4s 1996—April-Ocf
general & ref 5s 1974.—Mar-Sept

Natural

103

——

101
*103 Vi

74

64

Western
Central

Pacific

77 V*

*94

1973— -Mar-Sept

Corp first mortgage 3s 1966—
M- tropolitan Edison first mtge 27As

70%

58%

3'A

1983——i

First

*62 Vi

2

68

~6%

1980

3%s

First

82%

72

64

.—June-Dec

,

3%s series G 19S4_.

Northern

M
99

72

1994———;

4s

mortgage
mortgage

Norfolk &

72%

7 2'A

4

93

103

104% 104%

-Feb-Aug

M'.ad
1

Gas

mortgage 2%s

Northern

65%

6

17

°

117% 117%

89

—Muy-Nov

|

mtge

&

General

86

101

April-Oct

April-Oct

Mar-Sept
May-Nov
1979—May-Noy

mtge 2%s

May Dept Stores 2%s debentures
3'As s f debentures 1978
Robbins

1—

General

76%

80%

102% 102%

Mqcy <R H) & Co 27As debentures 1972
May-Nov
Manati Sugar 4s sinking fund Feb 1
1957—May-Noy
Manila RR (Southern Lines) 4s 1959.

k

1st

mtge

First

McKesson

Electric

Northern

85%

104

74%

— —

Jan-July
1st' & cons mtge ser A 2004-—-^.——Jan-July
AGeneral mortgage 4%s series A 2019___Jan-July
Y Telephone 2%s series D 1982——Jan-July
Refunding mortgage 3'/8S series E 1978—Feb-Aug

69

*—

1984

:

1955

2%s

88

100% 100%

2003——April-Oct

1982—

1st mtge 3'As

s

1st

—

1

Mar-Sept
April-Oct

First & refund mtge 27/as ser G 2003
PMrst & refund mtge 3%s ser H 2003
Louis Div second gold 3s 1980
Atl Knox & Cincinnati Div 4s
1955

•

54
45

6

April-Ocf

_

St

Louisville Gas & Elec

55

53%

6

*93%

83%

Light first mtge 2%s 1975—Mar-Sept

State

93 %

91'A

*100

1976-June-Dec

1978—

ser

4s
&

Niagara Mohawk Power Corp—
General mortgage 2%s 1980.

84 Va

87%

5

86

93

117%

75%

75%

-Jan-July
1992—Mar-Sept

Steam Corp first 3%s 1963
Susquehanna & Western RR—

N

90%

82

74

June-Dec

1963—

'

'

85

85

92'A

69

67%

296

Chester—

Y

Term

3%

78 %

74

769

83%.

62%

inc 4%s series A 2022—May

Port

Y

'

Lighting Co 35As

Louisville k Nashville RR—
First & refund mtge 3%s

_5

90'A

60%

May

1962——May-Nou

series A

&

Y

N

102 V.

2%

•

—

2'A

*84

Valley Terminal Ry 5s ext 1979—..April-Ocf
Lexington & E'astern Ry first 5s 1965
Aprii-Oct
general 4s series

mtge conv

River

mtge

gtd 4s 1993

168

*74%

May
2003—-May

2003

75%

72

2007—Jan-July

Y & Putnam first consol

—

66%

May-Nov
—Maj/-Nov

74%

|

N

louv.

—

91'A

2003-

ASeries F 5s contingent interest

Miami

RR—

N

56

98 3A
~

85%

86

Jan-July

Lehigh
Little

Hartford

&

refunding mtge 4s ser A

General

—May-Nov

interest 2003

contingent

54

*50%

Feb-Aug

1st

■>

89

68%
82%

75'A

May-Nov

Y Power

June-Dec
90 Vi

98

75%

May-Nov

N

Ref

gold 3Vis 1997—June-Dec

487

23

83%

Jan-July
Jan-July

.

1973

1973

Haven

AGeneral

99%

51%

series A

4 %s series A 1973
JAN Y Ontario & West ref 14s June

'

—

2'A

99

69%

May-Nov

Refunding mortgage 3s series F 1981

registered 1097—

Lehigh Valley

New

1st

103%

ii—

*100% 101'A

Mar-Sept

1968

A

ser

& Mich South

Y

First &

106%

100%

10

99'A

*11

69

Feb-Aug

—-

N

*100'A

100%

Jan-July

1998———

4s

series' B

.

3

116

56

98%

94%

98

RR—

gold 3%s 2000

West

&

—

20

99

*107

April-Ocf

certificates

N

Lakefront Dock & RR Terminal—
1st mtge

Lack

Y

Harlem

99

—

Co

Y & Harlem

—

104 7A 105

April-Ocf
-.-Jan-July
Kentucky & Indiana Terminal 4'/is 1961—Jan-July
Stamped 1961
Jan-July
Plain
1961
-Jan-July
4Vis unguaranteed
1961
Jan-July
Kings County Elec Lt & Power 6s 1997
April-Ocf

99%

92 %

Refunding mortgage 3%s series E 1980—June-Dec
First mortgage 3s series F 1986April-Oct
Y Connecting RR 27As series B 1975-—April-Ocf

AGeneral

99%

*97

§4%
94 %

—

Feb-Aug

Mortgage 4s series A 2043-————
Mortgage 4s series B 2043

90

94%

2

June-Dec

1st mortgage 3%s series B 1968
Kansas City Terminal Ry 23/4s 1974
Kentucky Central 1st mtge 4s 1987

JAKreuger &

84°

April-Oct

20

98 Vi

.April-Oct

1998

A

Hudson River

&

97

99

registered 1998———Feb-Aug
Michigan Cent collateral gold 3%s 1998_Feb-Aug

—

16

99

-June-Dec

1975

97

*96 %

3Vis

102%

—

90

June-Dec

1976

1st mortgage 2%s 1980
Kansas City Southern Ry 4s ser A

Koppers

Y Central

4%s

mtge

100%

*97%

106%

K
&

1954™—_

series

4s

65

103% 103%

RR Co—

York Central

High
97

100%

3%s registered 1997—————_Jan-July
Lake Shore collateral gold 3%s 1998
Feb-Aug

N

Kanawha

Jan. 1

Low

New York Chicago & St Louis—

100

96

Range Simeo

-

61%

—

'103%

Refunding & impt 4%s series A 2013—-April-Ocf
Reiunding & impt 5s series C 2013
April-Ocf
N

102'A

97

Mo.

Feb-Aug

General mortgage 3%s 1997

100

Bold

Feb-Aug

112

70%

__

*

Bonds

96%

April-Oct
1956

D

81%

N

1st

series

97%

*102% 103'A

Jan-July

Clear

1954

1956

4%s

112%

N
&

B

series C

New

121Va

100

w

May-Noo

97

—

106% 106%

1977—

61

__.

*112 'A 113'A

Jan-July
1972—May-Nov

3s 1980-

Jamestown Franklin

series

5s

AFirst 5%s series A

Corp—
B

5s

AFirst

103 V«

Co—

3%s

AFirst

92

92

Consolidated

1952

5s

3%s

*85

v..

if*#*

fNew Orleans Texas & Mexico Ry—

135'A

123

—

Line Co—

debentures

Interstate
1st

Pipe

1st

New Orleans Terminal

94

AFirst

1956___.

Rys Central America

123

1986_June-Dec

1982—_

1977

Junction RR gtd first 4s 1986—Feb-Aug
Jersey Power k Light 3s 1974Mar-Sept
Orleans Great Nor 5s A 1983—
l_Jan-July

New

105

89%

Friday's

Bid* Asked

New Jersey

103

104

or

-

:

r.ow

HJf*

102%

9

104

July

C

102 Vi 102%
90

ti Chemical

debs

Low

No.

High

104

1956

International Minerals
3.65s

A

Sale Price

May -Nov

flnternational Great Northern RR—
§ A First 6S series A 1952
£First

Last

Period

-_Jan-July
—Feb-Aug

i

•;

Interest

New York Stock Exchange

New

102 >A

Week's Range

BONDS

Jan. 1

1970_

Refunding and imp 2'As series C
Inland Steel Co 3%s debs 1972
•i'

Friday
Range Since

1
.May-Nov

28

Sold

_1

>
1955
Illinois Terminal
Ry 4s series A
fLIteeder Steel Corp 6s 1948
Indianapolis Union Ry Co—

MAY

WEEK ENDED

Bonds

Friday's

Bid & Asked

Low

Illinois Central RR

FOR

Week's Range

*98%
99%

99%

99%

99

99

*96

97%

94

97%

—Feb-Aug
104

103'A

112%

99%
98

100
105

Jan-July

*103

May-Nov

*105% 106%

105%

108

—June-Dec

103% 103%

103%

104%

-

Volume 179

Nurpber 5329... The Commercial and Financial Chronicle

(2393)

33

NEW YORK BOND RECORD
RANGE

Friday
BOND r
New Iwk Stock Inhaift

Week's

Interest

Last

Period

Sale Prlee

-

Y

Friday's

or

3.70s

2%s debentures

deb

conv

1963

1964—_Feb-Aug

: 10074

—Jane-Dec

_

.

Consolidated

guaranteed

4s

G

ser

Low

Friday

4

10274

Stauffer Chemical

115

Sunray Oil Corp.

100

103 74

1

103

*108

—June-Dec

105

■/

general 5s series B

general 4'/2s series

Plantation

5s

Pipe

series

109

108 74

10874

Line

Potomac Elec Power
First

2%s

Refund

mortgage

First

3s

Texas & New Orleans RR—

8674

83

*__

First

9974

9674

10074

9974

10174

*10174 10274

101'A

and

refund M

First

88

101'A 101%

and

refund M

Texas <&

274s

1984

Terminal 4s 1956
Public Service Electric & Gas Co—
3s

debentures

1963

*__

;

and

First

and

3%s debentures
1st

and

1972—

RR

9974

—

100'/a

Ohio

income

Cent

ref

Tri-Continental

5s

and

debentures

1964

Tobacco

Jj

Rhine-Westphalia Elec

103

105 7%

1st mtge & coll tr 274s
1st mtge
3'As 1982

215

200

101%

*—

9974

131

135%

Y

'

*__

100

__

100%

...

debs

100

100%

105%

100

3

Power

99%

99%

81%

of

California

101%

105%

*99% 101

101

99%

95

70%

6774

69%

153

54%

24%

26%

506

1574

9874

98'A

6

95

100

96

98

2

98

98

*105

106

26%

debs

conv

9474
9974

*9674

Afay-Nov

of

f debs

s

1973—

374s

mtge

&

coll

trust

3 74s

10

97%

101%

8874

*10274

Jan-July
Jan-July
Feb-Aug

1972—

2%s debentures 1976—
debentures 1967

Corp—

Universal Pictures 374s debentures

7s

1950—

May-Woy

13274

132% 133y4

9

12374

1952

May-Nov

111

111

112 '/a

22

10674

111

111

111'A

6

106%

111

11274

5

107

130

9774

100'4

__

__

■'9774

"96'/2 ~9~7%

99'A

104'A

105 »/a

10474 10474

10374

105 »/4

*10374 104'4

10374

105'4

105

10674

1G4

104

104

*__

96

9674

99'A

97

mtge

6s

1953

—

mortgage 474s series D 1977—Mar-Sept
General mortgage 3'As series J
1969—Mar-Sept

Vandaila

>

i

t

OH

1

WY -co

1

1

I

1

S
Saguenay Power 3s series
Lawrence &
Second

gold

6s

1st

Mar-Sept
1996_Jan-July
__„April-Oct

gold

5s

1996

J.:Y Y.

4s

Paul

bond

certificates

first

104'A
89 3A

Seaboard Air Line

3s

9 9'A

11

100

99'A

2Vis

April-Oct

103 »A

April-Oct

95 Vi

94%

165

92%

1976.

1979—.

debentures

Ry

Natural

Gas

4 Vis

97%

102%

5

92%

97%

474s

4Vis

106%

1977———Mar-Sept

106'A

106

106'/a

106 74 10674

44

103

106%

105

29

102%

105%

1969

4 Vis

1981—
1st mtge

A

3%s

May-Nov
A '75—June-Dec

ser

79

106%
105'A

100

—

Southern
Devel

Ry

first

consol

Devel

and general
and general

Devel

and general

1

gold

series

First

Southwestern
3 Vis

Tel

debentures

ASpokane

274s

Internal

Standard

Oil

Standard

Oil

23As

"T02 3 4

(N

debs

________May-Noo
1985.._—April-Ocf
May-Nov

first

gold

5s

(Indiana)

J)

debentures

5s

106% 106%

4Vis

conv

3Vis

14

116

-.0."

95'A

.50.""

*101

v,iT~

2

9374

1

101%

Co

10

116

9274
10074

69

8

95

67 74

S

99

103'4

Feb-Aug

4s

first

RR

series

175

104%

59

3

5574

6274

A

s>

LI V:

A

103

10474

107

6174

47

5974

63%

4

102 V4

104%

—

,

99

104

Y

—

.'.

10274 103Va
9874

9874

111

Jan-July

•

—

—Jan-July

*

'

11

99%
96%

106

123

__

*10174

__

--.V•

105

94

9474

__

11174

—

102%
*'

23

lOO'/a 101

____May-Nov
April-Oct

106%
••

30

99 74

*9774

—

'

__

Y;

'

—

64%

10474

*9674

-

Jan-July
1992—Mar-Sepf
Mar-Sepf.

:

*10574

103

Mar-Sept

101

6

__

102

9874

__

103

102

114

9574

2

'

100%

102%

103

103

101% 101.%

*105

9674

__

__

103

i

v

2004

ser

10174

1

29

6274

61'/2
104

'

—

.

'
105%

6474

10574 10574

—

59

__

103%

3

10274

*101

__

115

*95

64 /Y Y 6374

Co—■

Power

7.

—

—

72'/a

68

__

104 74

104

__

May-Nou

1958—

70

*8774

104

1981—_Jan-July

1960

4s

115

59

Jan-July

A

83'4
99'/a

112

"■r- X

1970

__

82

9574

__

*6874

__

Jan-July
Afay-Nov
May-Noo

1969—_April-Ocf

1971

78

71 74

__

__

Mar-Sept

mortgage 3s

81'/2

—

___—Jan-July

1980

C

85

__

Jan-July
2361—Jan-July

1965.

B

Electric

87 74

11074

9474

18

91

99

13

95'A

in

Jan-July

Jan

274s

1

2029

84

83'A

■>

7074

May

1976—

not

included

Light & Power

delivery

the

the

•

June-Dec

8474

*90

—

106

97'

--

—

109

7074

6674

?.'

—

*102

8074

—

84y*

64 74

Y

__

70%

9074

__

95

__

104%

100

^

104

sale

year's range,

274s

n

l976_Jan-July

included

not

in

the

—.

year's

Under-the-rule sale not

9474

*—

■

—

d Ex-interest

range,

included

In

the

year's

»e

—

—

sale

not

r Cash

sale

Odd-lot

range,

Bankruptcy

97'/a

10274

Electric

Deferred

Included

72

19
242

9874

—Jan-July

first

mtge 474s inc

Yonkers

10374

93'4

93 'A

1971—Afay-Nov

102 »/2

Y

98

10074

110

110-74

1

*97'A 101

__

Fifst mortgage 2%s 1979-_—_——Mar-Sept
Wisconsiu Public Service 3'As.1071——
Jan-July

a

95 »A

A

series

108

111

86%

106%

106%

1

?81

April
Feb-Nov

—

series

3'As

Central

mtge

Gen

103 V4

105%

104

94'/2

*8274

-April

1991

mortgage 3'As series D 1967
&

Wisconsin

130 '/a

122

i

1st

97%

—

10374

6874

—June-Dec

1974

116

*98 74

1982—April-Oct

debentures 2%s

t

rv3~r

April

2013

1967

conv

-i:.

1

107% 107%
*{,:

1981

Jan

Co—"...

1960

Winston-Salem

88%

94%

23

1956__—Aprii-Oct
1956——. April-Oct

A

79%

•

41

1983

Standard Coil Products

4

102% 102%

1977_.

Bell

■'«._

97'/.

130'/a 130'A

6Vis series A 1956—April-Oct

B

1971

guaranteed

Telegraph

374s debentures

93

>84%

86%

97%

-130'A

Memphis Div first gold 5s 1996
—_—Jan-July
New Orleans & Northeastern RR—
33As

%! 97%

*83%

4s

debentures

Wilson

99%

96%

•

1994___ .Jan-July

5s

4s series A
6s

*91

Jan-July

i—Jan-July

1961—Jan-July •Y'JiY'

r'

Joint

first

Union

Wisconsin

2'As series G

series

Wheeling & Lake Eric RR 274s

Southern Pacific RR Co—
First mortgage 274s series E 1986
First mortgage 23As series F 1996

4'As

Westphalia United Elec Power Corp—
§211st mortgage 6s ser A 1953—

71%
115%

103%

134

113'/a 114'A

May-Nov

(Oregon Lines)

Gold
Gold

First mortgage

Shore

Wheeling Steel

4Vis

San Fran Term

income

Westinghouse Electric Corp 2%s

99 74

98%
70

109

75

102

10274 102 %

10274

2000—Feb-Aug

Western

Co-

First

105

9474

20

Co—

mtge 474s series B 1976
Western Pacific RR Co 3V4s ser A

118

5

9974

*7174

1973_June-Dec

105 y#

103 74 103 74

1st

96%

91%

113%

conv

ser

registered 2361—
Western Maryland Ry 1st 4s ser A

11074
101%

112

95'A

,

105%

105

Co conv debentures 3'As
1976—May-Nov
Petroleum Corp 3 74s conv
1966—.April-Oct
RR first ref gtd gold 374s

30-year
95

Jan-July

1994

Co

15

115

*

_Jan-July

23As

96%
'

h

95'/a

97 74

10374

10174

April-Oct

1995——

4s

58

98'%

100% 101 %

Feb-Aup

1987__

Indiana

Southern

701

West

136%

49%

101%

9574

98

93

125

1

♦„

Jan-July

23As debentures 1985—
Southern

56%

June-Dec

South & North Ala RR g.td 5s 1963———-April-Oct
Southern Bell Telephone & Telegraph Co—

*—
*101

100%

General mortgage 3s guaranteed 1979
West Fenn Electric 374s
1974
West Penn Power 3J/2s series I 1966

10474

100%

2

13

101

*10674 11674

Washington Terminal 274s series A 1970
Westchester Lighting, gen mtge 3'/2s 1967

97

•

——

—A;'':

99 '4

96

April-Oct
—Afay-Nov
C 1973._April.-Oct

1958
B

mortgage 3'As series B

Warren

100

91%

„

—

100

97%

100

10874 11074

110

5s

series

94

101

9774

Walworth

'V'

96

56%

__|______Jan-July

3s

96%

*—

101

Jan-July

mtge

123%

— —.

10374 103%
'13474

9674

10074

*10374 105

Gen

3

98%

101

w

12

*96% 100

.-Mar-Sept
1941—Feb-Aug
Jan-July

Ry

RR

First

97'A

*95

102

*__

1981-June-Dec

mtge 4s income series A Jan

118

'100% 102'/a

June-Dec

I

ser

1982—

J

ser

Gen

118

160%

97%

June-Dec

Sinclair Oil Corp 3'As conv 1983
/ Skelly Oil 2'As debentures 1965

Socony-Vacuum Oil

consolidated

Wabash

99%

95'/a

2

99'A
121

160

160

__Mar-Sepf
1966—

3'As

First lien and ref mtge 3'As

109

100

mtge

118

101%

ref

Warren

gASiemens & Halske 6Vis 1951
t§ASHesian-Amer Corp coll trust 7s

Southern Pacific

116

&

First

9474

107

May-Nov

s f debs 1982
Shell Union Oil 274s debentures 1971

274s

86%

119

Mar-Sept

1974

debentures

40

*101

1980——Mar-Sept

mortgage ft refund 374s

Virginian

104%

TOO

April-Oct

Service Pipe Line 3.20s

3s

10074

90

116

A 1955—Feb-Aug
1957—___-May-Nov

Virginia & Southwest first gtd 5s 2003

RR Co—

& Sons 2 Vis

debentures

79
83

10

104'A

8 9'A

1989—May-Noo

1st mtge 3s series B 1980
374s s f debentures 1977—

Seagram (Jos E)

—

'10874 111

1989_Jan-July

St

Paul Union Depot 3 Vis B 1971
Scioto V & New England 1st gtd 4s
Scott Paper 3s conv debs 1977

71

80%

2

—

104

May-Non
Nov

gold 4s 1968—June-Dec

cons

series

4s

1st

97%

95

;'Y

"

1989-

4s inc bond certificates

& Duluth

6

76%

76'A

2022_I__May

mtge inc 4'/2s series A Jan
St Louis-Southwestern Ry—

97%

*827a

-Jan-July

ASecond

Second

97%

—

Louis-San Francisco Ry Co—
1st mortgage 4s series A 1997_

First

gtd

1st

1971

A

Adirond'k

consol

First and refund mtge 274s ser E
1975—Mar-Sept
First and refund mtge 3s series F
1978—Mar-Sept
First and refund mtge 274s ser G 1979—June-Dec
First and ref mtge 2%s ser H

102%

OS CO £

—

RR

Consol sinking fund series B
Virginia Electric & Power Co-

.

957a

10074

in

the

year's range,

Ex-coupon.
maturity.
y

fiNcgotiability impaired by
fCompanies reported as being in bankruptcy, receivership, or reorganized under Section 77 of
Act, Qr securities assumed by such companies.
*Friday's bid and asked prices; no sales being transacted during current week.
A Bonds selling flat.
I

:

■

■

.

■

.

.

.

AMERICAN STOCK EXCHANGE
WEEKLY
In

the following extensive list

furnish

AND

YEARLY

'

RECORD

complete report of the transactions on the American Stock Exchange for the week beginning Monday,
May 24, 1954, and ending Friday, May 28, 1954.
It is compiled from a report of the American Stock Exchange itself and is intended to include every secu¬
rity whether stock or bond in which any dealings have occurred during the year.
we

a

'

RANGE

Week's

Friday
STOCKS

Last

American Stock

Sale Price

Exchange

FOR

WEEK

ENDED

MAY

28

Sales

Range

Week's

Sales

Range

for Week

of Prices

Shares

Friday

for Week

of Prices

Shares

STOCKS

Last

Sale Price

American Stock Exchange

Range since Jan 1

Range since Jan 1

'

1

ACF-Brlll

Acme

..

Motors

Aluminum

Acme wir#> rn

Aero

•

V

•

'

Par

«

warranti.,,.

Low

enmmon

_

Tne

10

__

3%

—1

5%

Agnew Surpass Shoe Storee

1,600
300

—

Vb May
3'A Mar
27

_

Mar

Y

Jan

Air-Way Electric Appliance—

3

4%

Apr

AirfleeU Inc

30

May

Associates

For

Inc

footnotes

common—

(N J)
see

page

—1

37.




Petroleums

Ltd

Jan

3'4 May

Alabama

8.100

27a Mar

3% May

Alabama

Great Southern

5%

1,900

x5 74 May

674 Mar

Alabama

Power 4.20%

9

2.100

7%

Jan

10%

3,900

774

Jan

13% May

574

Alaska

874
13%

13

•

13%

Feb

Gas

3

Corp

Airlines

preferred

Inc

Kunstzijde Unie N V
dep rets Arner shares

1

1274

3,700

15%

4.000

10%

99

4'A

High

Feb

12% May

Jan

15% May

-4

3.800

24%

5,700

167A

Jan

112% 114%

24

60

100

12 Vb

9%

110

107%

Jan

U

B0«

100

3%

•

8

Manufacturing

Ajax

2%

Low

htgh

14%

12'A

1

374

2%

Low

Par

High

2%

1

Alnsworth

id

3%

.

1

Manufacturing
Aeroquip Corporation

Low

3%

_1

Supply

High

74

i*

i

Alloys

Adams Hat, Stores

Air

0

94%

9574

99 74

9374

90

*9274

Mar-Sept

94%

130

111

91%
1 06 y*

131

—Feb-Aug
April-Oct

1959

100 y*

8674
10474

__

133'/4

6s

19

122'/»

95

10434 10474

May-Nov
ApriZ-Oct

.

4

89'/2

88%

Mar-Sept

1971

Rubber

274s

104 74

99%

*99%

!

trust

299

99'A
*105%

__

coll

100

April-Oct

1970

&

105

96'A

1966—.Apn'l-Oct

America 274s

9874

104%
5

11874 12274

119

1976—

4'As

10474

100% 10034

1970____June-Dec

1972

99
10174

9774

98 74

*__

May-Nov

(subord)

debentures

107

10374

*97
*100

—June-Dec

274s debs

mtge

U S

General

Y

130 %

18

May-Nov

1980

1st

87

6

mtge

AConsol mtge 6s 1955_.
Rochester Gas & Electric Corp—

*

122

6974

sinking fund debentures 1973——Apr-Ocf
474s s f debs 1972
—April-Oct

mtge

§£ Consol

St

92

3

Mar-Sept

1968

Union Tank Car

100%

97%

85'A

85

1973——April-Oct

13

267b

Feb-Aug
Refunding mortgage 274s series C 1991—Mar-Sept

105

__

•....

102%

SftDirect

St

June-Dec

374s

3s

101%

94

1007 a

10574 105'A

Jan-July
April-Oct

1960

Union Pacific RR—

274s

5

104'/8

Oil

374s

102%

97

__

103'A 103'A

debentures

Union

215

§£Direct

St

100

May-Nov

105

R
(R

98%

; 10174

104%

*99% 101%

impt 374s I960—June-Dec

1st

Reynolds

94%

1975—April-Oct

3s

Reading Co first & ref 3%s series D 1995—May-Nov

119%

111

18

125% 130 %

129%

1985—Jan-July

Union Electric Co of Missouri 374s 1971
First mortgage and coll trust 274s

*—

._—Jan-July

43

u

United Gas Corp. 274s

2%s

E

ser

Jan

3%s debentures 1977_
Oats

97

101

.

June-Dec

Corp 274s debs 1961

United Biscuit Co

Quaker

2000

5s

1

98 Y
98'A
102% 103 74

98

Pacific—

103

36

135

refunding mortgage 3'As 1983—April-Oct

95

94'/e

10074

.

11974 119%

April-Oct

of

210

-June-Dec

.

~

*9674

___May-Nov
I

374s

100%

*—

refunding mortgage 8s 2037—June-Dec
refunding mortgage 3s 1972—May-Nov
refunding mortgage 274s 1979_June-Dec

First and

M

100

9974

101 .101%

First and refunding,
mortgage 374s 1968—Jan-July
First and refunding
mortgage 5s 2037—-Jan-July
First

96

98

_

*10074
101

High

,

104'A 10454

—

104 »/a

*__;■

__May-Nou

Low

*100'A 101

Jan-July

1985

New Orleans 8%s 1974
JAThird Ave Ry first refunding 4s 1960

107

95

97'/a

Mar-Sept

;

refund

and

gold

Pacific-Missouri

Tol &

*100

Jan. i

No.

95

3'As series? B 1970—April-Oct
37is series C 1990__ApriZ-Oet

first

AAdjustment

_May-Nov

Providence

Pacific

General

103

10674

11106 74 107

Jan-July

*10474"

May-jVou

1966

Range Hinw
Sold

High

Mar-Scpf
Jan-July
Jan-July

impt M 4s series C 2019

108 74

*82

Mar-Sept
Feb-Aug

374s 1977

1983

and

10774

June-Dec

1970

1st mtge

mortgage

debentures

Refund and impt 274s series D
Texas Corp 3s debentures 1965

June-Dec

1977

274s

104 Vi

104 74 105

Feb-Aug

1974
D

1973

104 74

Term

1962

C

Rang*
Friday's. ..

Bid A Asked

Terminal RR Assn of St Louis—

108

Texas

general

Week'*
or

.

Sale Prlee

,10274 1027a

-

--

104-74 105

^April-Oct
April-Oct

Last

Period

10374

Pittsburgh Youngstown & Ashtabula Ry—
First

debs

274s debentures 1972—__
27/us debentyres 1973

97

10274

_

*10874

mtge 3%s 1964—May-Nou

First

3%s

Swift & Co.

93'A

*10274 103'/a

Pittsburgh Consolidation Coal 3Vis 1965—Jan-July
Pittsburgh Plate Glass 3s debs 1967
April-Oct,

First

*

Low

10774

96%

Interest

New York Stoek SzehMgo

High

9874

340

r;

RR—

General mortgage 5s series B 1975
General mortgage 3%s series E 1975
Pittsb Coke & Chem 1st

28

BONDS

Jan. 1

No.

10174

103

1963—Feb-Aug
1964_May-Nov

Pittsbuigh Cine Chicago & St. Louis
General mortgage 5s series A 1970

MAY

__

1957—May-Nov

J

ser

*99 74

*96

Consolidated guaranteed 4s ser H
I960—Feb-Aug
Consolidated guaranteed 4%s ser I

Consolidated guaranteed 4%s

Said

■

High

.11474 115
'

WEEK ENDED

Range Sinea

10074 iooya

11454

Pillsbury Mills, Inc 374s & S debs 1972-i._Uime-Dec
Pittsbgh Bessemer & Lake Erie 274s 1996—June-Dec
Pittsburgh Cincinnati Chic & St Louis Ry—

L,.

Bid A Asked

Low

Phillips Petroleum

FOR

Sang*

i

22

U May

50

96%

4%

800

3%

Jan

27%

2874

300

24%

Feb

99

99

Jan

|.

Apr

103

Jan

4 74

tJ

24 '/a May

11574

Apr

5'A

Jan

Algemene
Amer

29% May

Y"

M

34

The

(2394)

Commercial and Financial Chronicle

Monday, May 31, 1954

...

AMERICAN STOCK EXCHANGE
RANGE
Week's

STOCKS

Range

Sale Price

Shares

Par

All American

Engineering Co
Corp warrants

Low

2%

lOe

Alleghany
Allegheny Airlines Inc

1

Alles & Fisher common———

Allied

1

Friday

1%

1,000

Artists

Pictures

Allied

Internat'l

Allied

Products

Altes

Brewing

Aluminum

$3.75

cumulative
Goods

Industries

7% Mar

2,200

"4

''

4%

7,300

29%

200

3%

3%

200

—

Feb

27%

2%

3

Carolina

Inc

Air Filter

5%

Beverage

American

Book

pfd

conv

A

Maracaibo

Republics

Seal-Kap

Products

Castle

(A

Apr

Catalin

Jan

5%

Thread 5%

Jan

4%

Central

Jan

37

% May

35

Feb

44

Jan

58 %

11%

650

4%

800

]

8%

—

8%

dep rets reg
Anglo-Lautaro Nltfate Corp—
"A"

£1

12

100

Arkansas Fuel Oil
Corp
Arkansas Louisiana Gas

4%

Jan

7%

14%

Chamberlin
Charis

Feb

Electric

Cl

A

on

Coast
Coast

Line

Steel

150

8%

109%

Jan

Clark

(The)

17

Feb

Clark

Controller

24% May

Jan

Clarostat

11% May

Jan

Claude

117

21%

900

20

Jan

50

45

May

51

15%

15

15%

1,400

Jan^

__

1,400

•

Club

1

Jan

1%

A Mar

*53)—•

1%

I
"I

Feb

1%

Feb

1% May

100

85%

Jan

111% May

8 %

8%

9

8'/a

j

Inc

Jan

8%

8%

4,100

2%

500

33,700

5%

Jan

2%

2%

1

1

2'A

Jan

,

Class

*

11 %

11%

300

10%

Jan

12

14%

500

14% Mar

16

Baldwin

Baldwin
Banco

Securities

de

los

American
Banff

Oil

Basic

10%

1

12%

1«

II

2%

Tr

115
11a

1

5%

1

Light & Power Ltd
Corp
■

common

10%

Inc

"1
coml*

cumulative

5 %

$5

dep

rets

Columbia

common

Rubber

Co

Mills

Ltd

ord

400

13%

Apr

17

8,200

13%

Jan

5%

2,300

4%

Feb

44

1,400

Super

Electric

Calamba

10

1,300

6%

33%

1,600

96%

200

88%

700

2%

Jan

2%

3%

2,400

2%

Apr

Canada Bread
Canada

1,400

8%

9,100

x6%

Jan

6%

2,200

4%

Jan

1% May

24%

125

24

Mar

24 % Mar

23

100

21%

Jan

23% Mar

26%

27

5,400

21

Jan

27

A

5%

1,100

6%

5% Mar

103

,

3%

Jan

18%

Jan

4% May
23% May

Detroit

Gasket

8%

Jan

14

May

Detroit

Gray

225

104

100
300

14,100

89%

Jan

105

May

Detroit

52 %

Apr

Detroit

18%

Jan

Devoe

51%

51

51%

200

18% '

18

18%

2,300

6%

6%

6%

2,000

x50% May
15% May

6%

.

8%

7

Mar

14

May

Distillers

14%

Jan

Apr

V*

21 %

22%

1,500

20%

Jan

22%

Feb

8%

8

8'A

1,400

6%

Jan

8%

Apr

9%

8%

9 %

800

8%

Jan

9%

Apr

10%

10%

10%

600

8

Jan

10%

Apr

14%

13%

14%

7,800

11

Mar

%

%

A

11,600

3%

3%

3%

600

2%

2%
5%

~

2%

33,900

5%

800

10.900

19 %

May

22%

Apr

8% Mar

9%

Jan

Mar

9

9%

500

17%

xl7

xl7%

8,700

13 Vz

13%

xl3% xl3%

3,000

12% Mar

14

Apr

1

Jan

30%

6.800

% May
22% Feb

30% May

12%

3,500

30%

28

12%

12

,

10%

Jan

Feb

6%

6 %

6%

500

7'%

8%

12,800

5% Mar

13% Mar

6% May

8

xl7% May

1

7 %

12

5%

5%

1

27%

24%

27%

33

33

100

30% Mar

34

12%

13

400

11

Jan

13

Jan

""%

xl2%

"%

600

9%

9%

300

__

6

300

5% May

12,300

20%

Jan

13

10%

9%

•

10
5

May

May
Apr

A Mar
9% May
8% May

8%

8%

300

7%

Jan

18 %

—

18%

200

17%

Jan

19

Mar

3% Mar

4

May

i

87%

87

1

CO tr-

^0

2,700

5%

5%

500

13%

13%

13%

3,600

14

May

19%

•

25c

Feb

Jan

6
May
27% May

A Jan
8%

Jan

8% May

Jan

18%

19%

500

14%

Jan

19 %

May

1%

1%

1,000

1%

Jan

2%

Jan

■

__

20%
163

20%
163

8%

8%
19 %

2.50

6%

20%

Jan

5% May
9% Feb

200

163

8%

73%

5

13

142

6%

24

Mar

f

163

May

Jan

9

May

|

19%

50

18

Jan

6%

100

5

Jan

100

12

Feb

6

Jan

7%

14 % May

16%

12%

13%

11

10%

11

I-IIIl

5

5

25%

9,000

5 To

25%

%
2%

Jan
Jan

2%

Apr

3 % Mar

A
4% Mar

2%

11,700

25%

350

Jan
Jan

13%

Feb

11

4%
23%

Feb

110

50

Jan

1

"2%

"2%

2

5%

4%

•

3

5%

19,300

13,900

a

Feb

92

Mar

29%

110

III20

Feb

2% May
4% Jan
23%

Apr

6 % May

9%
10

3

•

A

Dobeckmun
Dome

350

6%

1,500

400

V/b

1%

1%

29%

29%

60

6

22
6%

Apr

May

43% May

138

Mar

Jan

29 "3

Jan

Apr

5%

Jan

300

16%

Jan

18%

Apr

133 Vz

Feb

Jan

1%

Jan

18

18

134

-

138

20

2

3,500

"l%

1

1% May

24%

22 %

900

24%

•"ili

1%

"l%

Jan

11%

24%

1
25c

2

x27%

12%

18

1

Ltd

A Jan

Apr
Feb

6% Mar

4%

5

10

Jan

1

5,400

29%

100

common

Jan

1

9,500

ft May

138

14%
2

2%
26%

May
Apr
Feb
Apr
Jan

14% May
2% Mar

Ltd—

dep rets ord
(The) Corp

Diversey

7%
14%

50c

Foundry
Mfg Co

Oils

Co

7%
6%

Co

4s

reg_

Exploration

2%

r-

10%

1

common

1

Ltd

2.50

28%
5

A

n

29

3,400

4%

5%

1,000

Feb

3

10%
>

Jan

11%

21%

Jan
Jan

Jan

May

29

4'A

500

X28%

Jan

Apr
6% Mar

4% Mar
Apr

May

51i Mar
25% Mar
3

Feb

110% May

Domestic Finance Corp common
Dominion Bridge Co Ltd

1

6%

6%

200

5%

•

18%

18%

200

16%

Apr

13% May

Dominion

Steel

•

12 %

12%

600

10%

Feb

13% May

Tar

8%

8%

4,500

7%

Jan

9%

Textile

6

"5%

6%

2,200

&

Coal

ord stock

& Chemical

Ltd

Co

Draper

Corp

4%

Power

Dunlop

A

7% Mar
26

Apr

62

May

25%

25%

60%

59%

62

2.400

43

18%

19%

5.300

15% Mar

Jan

19% May
9% Mar

8%

9 %

5,500

37%

35%

37%

550

33%

Jan

37% May

•

44 Vb

43%

44%

400

40%

Jan

45%

Apr

10c

10%

10

10%

8,900

9%

Jan

11%

Apr

1

Rubber

Co

dep

common

Corp common
Sulphur & Potash

Apr

29%

10

53%

Apr

800

1%

Apr

4%

4%

4%

4,800

3%

2

4% May

6%

Feb

3%

4%%

5,900

2\l May

3

A May

Eastern

Malleable

3

Apr

Eastern

States

Feb

3% May

3%

'700

3%

Jan

3%

Jan

•

7%

'375

7% May

9%

Jan

5%

6

10s

•

32%

29

,

600

32%

8,700

9%

12.000

5

25%

Jan

6% May

Apr

32% May

65

1%

Co

2%
3 %

7%

1

reg

Test

nf

Jan

1

ord

Duro

113A

8%

Ltd—

rets

Apr

1%

9

Laboratories—

Duraloy

Duval

7% Mar

10

common

American

Feb

Feb

Co

DuMont (Allen B)
Class

250

Mar

5% May
19% Jan

xl8%

•

7

Co

Harris

Duke

8%

•

10

Drilling & Exploration Co
Driver

•

1

•

(The) Co
Durham Hosiery class B

6A Mar

Ltd

common

Apr

31

Co

common

Douglas Oil Company
Dow
Brewery Ltd
Dragon Cement Co Inc

65

,

65

65

Jan

May
2% Mar

100

§anso Natural Gas Ltd vtc
Oil Producers Ltd vtc

1
l
0

J!

Eastern

2

2

2%

25,300

6%

6%

7%

18,300

25%

25%

25%

100

1%

Apr
6% May
22% Jan

Gas

& Fuel

prior

Assn

preferred
Iron

common

10

9%

9%

100

64 %

63%

65

250

24

24

24

10

11

25

10%

Jan

Jan

66%

Feb

Feb

25%

8% May
60%
24

1.400

8

Jan

Apr

$7

preferred

series

A

•

162

162

162%

100

147

Jan

163

25% May

$6

preferred

series

B

_•

149

147

149%

300

134

Jan

149%

11%

Corp

10%

1

*

Feb

13%

14%

7%

t

;

Jan

18 Vz

10

4,900

89% May
6% Jan

Dominion

14% Mar

3%

13%
•

Capital City Products

37

200

4% Apr
12% May
11

Dominion

3s 6d

12%c

III—IIIII*

common

20

—

35

A

American

1

1

anso

19%

1

Products

Devon-Leduc

Jan

II—1
lie

Jan

2.50

Raynolds class B

Feb

—•

9%

10% Mar

Manufacturing—!—1

&

Iron

Steel
&

11

10c

1,600

10c

Hardware

11%

Canadian




„

1,700

~

11

1

class

class
debenture

.

9

Minerals

Inc

Mills
Inc

Mfg

9,800

I

Feb

10%

*

common

'

j

page

Stores

14

Canadian Homestead Oils Ltd—
Canadian Industries Ltd—
1%
preferred

see

Dejay

14%

vtc~

23% May

3%

10%

5

common

Dairies

Hosiery

Mines Inc
Dayton Rubber Co

Feb

.2.50

Marconi

(Md)

common-

Brothers

13%

g

44'A May
13% Feb

Jan

1,100

l

Sugar

Crystal

Davenport
Davidson

5% 1 Jan

~50c

Canadian Canners Ltd common
Canadian Dredge <fc Dock Co Ltd

footnotes

Daltch

% May

5% Mar
5

—

IIIIIIIIIII*

Canada Southern Petroleums
Ltd
Canadian Atlantic Oil Co Ltd

For

Curtis

12

Insurance

Williston

Atlantic

14

Estate

Mar

1,500

5

Petroleum

14

000

Jan

10

reg)__£1

Crown

1

preference

Canadian

(ord

Crown

2 50

10c

31

9%

23

4%

(new)
Products common

1,500

6,400

Jan
Jan

Apr
6% Mar

13%

common

Ltd

dep receipts

Cent

5

3% Mar

Jan

2

24

1

11%

May

Feb

1%

23%

•

Feb

4

4%

•

Tobacco

6 VB

4%

B

Feb

7%

41%

1

Lighting Inc common
Manufacturing Co CMo)

8

26%

10

2 %

300

1.600

12%

A

Curtis

1%

13%

I——III

17,300

12%

common

Cuban

10

Co

Reynolds

Petroleum

Crown

Feb

6%

23 %

Cement Co Ltd common

6% %

&

Cuban

2%

2%
8%
12%

_5c

Feb

4%

2%

x4%

•

Jan

3%

»

33%

1

33 % May
96% May

Jan

3%

Jan

Vb

1

Co

Cork Internat'l "A"
partic
Drug Co common
Crystal Oil Refining common
$6
preferred

9%

26%

12%

•

American

Apr
Apr
Feb

10

2,200

•

$1
preferred class
Courtaulds Ltd—

4% Mar

Jan

33%
4%

31%

Feb

12%

•
10

Corp

Machine
Co

Mines

18% May

3%

13%

•

Electric Power
Consol OH & Gas Co
Fire

Corroon

Apr

Gold

11% Mar

6% May
24% Jan

9%

40

x4

1.25

Inc

Jan

8% May

~3

Coro

Apr

4

Jan

Apr
Apr

6% Mar

1

non-voting

Cornucopia

10

100

5 %

12%

17%

•

10%

800

Jan

50c

Crowley Milner & Co

150

Feb

4

12%

1

voting

11

6,300

31%

A
B

45

6%

Calgary & Edmonton Corp Ltd.

Camden

.'.

Engineering
Corp

&

Varnish

Feb

18%

95

Foundry

5%

Jan

*

10

Inc

Commercial
&

Paint

Jan

10% May

•

&

39

10%

Jan

Apr

9% May
1614 May

/

Corp

Var

100

8%

95

,

Feb

'Feb

7%
41

1

Lines

Creole

17%

23%

California

Calvan

Air

24

Apr

May

8%

~2%

1

—-

Aviation

Feb

10

Utilities

44 Vb May

39%

•

Corp

Sugar

Co

Liquidating

Car-Na

Jan

19%

12

l

Co

1956—

40% / Jan
9% May

10%
18%

•

dep rets ord shares
Biscuit Corp

C

Stone

Feb

%

Jan

41

Inc

Engineering

Class

21% May

c
&

&

9

Apr

May

26%

100

•

♦

Hotel Inc

to

32%

1

Fund

Gas

Class

5% May

14%

9%

-106

common

class

>

21%

—III

reg
common

American

Cable

Sand

Dennison

60c
convertible preferred
Bunker Hill & Sullivan—
Burma Mines Ltd—

C

(The)

72

8%

20
10c

Day

preferred

Burry

Feb

6 %

10s

common

Buckeye Pipe Line
Budget Finance Plan
7%

x5%

10s

common

Co

(EL)

100

39%

•

preferred

Bruck

5%

.

1%

•

preference
$3 2nd preference
Brown
Forman Distillers
4%
cumulative Junior
Bruce

4

.

11%

Jan

Corby (H) Distillery Ltd—

1% Mar

8%

convertible

Brown

Feb

43%

m

•

Co__

Power

Company

10 %

Jan

5

44

Co__IIIIII—II*

Oil

British American Tobacco—
Amer dep rets ord
bearer.
Amer dep rets ord
reg
British Celanese Ltd—

Brown

May

1%

14%

•

__

Manufacturing Co

British

9

200

20%

21%

■

Corp common
Bridgeport Gas Light

American

1,500

%

1

6%

preferred.100

Breeze

American

10%

%

7%

100

Co

Jan

Apr

22

30,200

9

11| Jan

% Mar

100

5%

Cook

Jan

8%

IIIIIII
"1
Works incIIIIII20o

Gear

6%

6%

6%

vtc

Feb
Feb

May

18%

3,900

10%

Continental

Feb

May

•

Co

Inc

6%

5

«

common

prior

Jan

12,600

5%

Brazilian Traction Light & Pwr nrri

Brillo

211 Mar

"5%

•

Blumenthal (S) & Co common
Bohack (H C) Co common

British

1|| Jan

9,300

1

1

common

Scrymser

1

16%

4%

Continental

Apr

14%

10%

Oils

6%
4%

9

15%

Feb

May

Apr

May

39

1

Airlines

ext

9%

67%

•

Products

16

24

600

Farm

Jan

Jan
3

1
1

1,200

10%

Continental

7% Mar

9%

1

-

Birdsboro Steel
Fdry & Mach Co
Black Starr & Gorham
class A

Foote

3 %

Jan

2%

4

Brad

Apr

2% May

"5%

"" _B0o

Bell Telephone of
Canada common
20
Benrus Watch Co Inc
_-_Z_l
Benson & Hedges common

Bourjois

Feb
Feb

13

2,300

5

300

12 % May

1 a

*

•

Inc„IIIII
1
common
—II

Aircraft

5%%

9,500

3

1%

BOo

Beck (A 8) Shoe
Corp
Beckman Instruments

Borne

5%

Jan

A

%

~5%

Continental

Refractories Inc

Blauner's

1,600

3%

8% May
11 %

6

Corp

Bearings Inc
Beau-Brummell Ties

Blckford's

800

10%

12 VB

shares

Steel

Bellanca

23,200

4

4ft
10

Andes—

Ltd

Barcelona
Barium

4];}

1

75

1

Continental

J

225

24%

11%

7%

Mining & Smelt'g Ltd
Consolidated Royalty
Oil

Company

71%

24%

23%

.'

May

9%

10

1,300

71

7%

Consolidated

Rubber common

11%

71%

23%

-

Jan

Jan

700

50

Co

9

6%
4%

1

common

8% Mar

94% May

Jan

36%

5,600

16

5

Consolidated

Oil & Gas-

1

A

23%

Consolidated

Mar

5%

1

s

i

Jan

May

Feb

13,700

5

Consolidated

Feb

Xl4%

10

19

Manufacturing

Vtc

3 'A May

9%

18%

Community Public Service
Compo Shoe Machinery—

Apr

_3

A

Baker-Raulang

8%

19

preferred

Jan

7%

1

"Vz

Equipment Co
Development ordinary

Colts

8
Bailey & Selburn

1

200

l

Co

Caribbean

Colonial

% May
9% Jan

Jan

CO

Inc

Commodore

9

7% May
2

L

Aluminum

Colon

Feb

95

80%

2,200

110

110

_

Non-voting non-cum preferred-.
Automatic Voting Machine
Ayshlre Collieries Corp common—

1%

1 %

350

79% Mar

Hosiery Co

Colonial

94%

92%

■

Jan

6% Mar
87

5

Manufacturing Co

Cockshutt

Colonial

93

1

I

6

on

00

Products

Jan

72%

1,400

A'nr

5

& Lambert Manufacturing
Clinchfield Coal Corp
common

Feb

5%

150

8%
i

5%

4

Clayton

17% Jan

14% Mar

D

Neon

Claussner

Feb

23

4.6%

,

7C %

1

1

9%

10

com

Stamping

Jan

Mar

113

26

Corp

convertible

Coastal

Co

Corp warrants
Plywood Corp

Automatic

15%

18,000

£1

Fisheries

Atlantic
Atlas

12,900

11%

29%

Jan

Mining

Cable

Jan

46%

2.00

div paid
Dec 22

arrear

'53 & $41

Consolidated

4 %%

Industries—

Atlantic
Atlas

Feb

20%

21

00

-

(ex $43

City Specialty Stores Inc

Chief

Jan

14%

115

114

Jan

23%

36%

1

1

City Auto

4%

Jan

12%

26%

100

10

:

Ltd

6% May

105

150

26

90

•-

Jan

Apr

May

27%
.

7%

1

1

common

Jan

Jan

420

6

1

8 %

2.50

common

Co

4% Mar

9%

24%

11

11%

•

rets reg
Associated Laundries of America
Associated Tel & Tel—

July 1

23%

23%

•

preferred-.
Corp

American dep

Corp

common

America

of

Chesebrough Manufacturing
Chicago Rivet & Machine.

3"%

4,000

Co

Co

Charter Oil

Apr

500

16%

16

16%

5"a

Jan

10

9

600

105 % 106

106

3%

Jan

3%

76 %

1

2

Cherry-Burrell

4

9%

May

3%

300

—

10

common

36 % May

23

3

34,600

5%

27%

100

Inc

311 Jan

Jan

5.200

5%

26

-

1

pfd_

Jan

Jan

6

3%

,

Products

4%

18% Mar

A

5

Co—

preference

Aircraft

Cessna

Apr

10

4

series

Jan

% May
0% Feb

3% Mar

14% May
4% Apr

Mar

1%

5%

A

100

Steel

Convertible

13% May

Jan

10% May
2ii Feb

23,600

10

Ilf
I§

Co.—

Arkansas Power &
Light $7 pfd
Armstrong Rubber Co class A
4%%. convertible

Equipment

1,825

6 %

—1

Apex-Electric Manufacturing Co
1
Appalachian Elec Power 4ya% pfd—100
Argus Cameras Inc
i

Associate

36%

5%

6%

2.40

Angostura-Wupperman

Aro

34%

36

5

•

preferred
Ohio

Circle Wire &

shares

3

115

100

May

13% Mar

10% May

Power

Century Investors

Anglo-Iranian OH Co Ltd—
American

3%

Apr

Jan

Apr

% May
5% May

5,100

Feb

7%

7% May
x95% May

900

5

Ltd

Century Electric Co

Mar

48

100

4%

1

,

4%

1

—

Central Power & Light 4%

29% May

25% Mar

4

3.50%

6 % May

Jan

250

4,100

1

Secur

Maine

%

,

14

Jan

110

200

3%
15%

May

80 Vz

70

5%

3%
15%

•

Central

Apr
25% Feb

1,200

10,400

America-.

$1.40

19% May

3%

3%

_10

Corporation

Apr

400

11,100

5 %

•

Co

of

%

112%
%

i'ii

_i

common

&

x95

111%

2s 6d

common

preference

May

20% Mar

10%

_*
—1

:

Conv

55

10"%

13%

X95%

pfd
Co

92

1

23%

3

$5

Biscuit

Corp
$1.50'series

57%

3%

Feb

preference

Jan

10%

10%

2%

Illinois

Jan

13%

.0

20s

9,100

Explorers

7%

4

7%

Conv

43%

4%

7%

Central

41%

11%

7%

High

Jan

Central

45%

38,100

11

7

Jan

175

800

900

Feb

750

29

7%

1%

200

100

7%

1%

10%

6%

M)

Corp

Cenco

29,„. May

55%

43%

Jan

7%

Jan

23%
19%

1

% May
J

33

0

Amurex Oil Development class A
Lead Mines Ltd
Anchor
Post
Products

23

1,600

55

28

28

4%

9,900

5%

S

Anacon

400

U
1%

19%

6%

0

preferred
American Writing Paper common

500

29

%
1

9%

10

comriion

"4%

X22

20
—1

Meter Co
•
American Natural Gas Co 6%
pfd
20
American Potash & Chem cl A conv_•

American

CaSco

Jan

—

23%

20
com

Co

American

Apr
Jan

11%

53%
—

American

American

99%
23%

%

21

Laundry Machine
Manufacturing Co

Jan

22% Mar

1%

100
Co

American

92%

28%

«...

1

1

Co

American

300

%

7,000

11

Inc

Jrican dep rets B ord

200

4

12%

•

Light

/

98

"4%

10

class

common

Rubber

&

Ltd—

23%

9%

206

lAmerican Bantam Car Co
American

Power

§Carr-Consolidated
Carreras

23%

•

Low

11%

common—

97

23%

•

;

common

Range Since Jan. 1

High

11%

Co

Co

Feb

3% May

Jan

Low

Shares

19.50

& Kennedy

Apr

33

Feb

&

Carnation

Jan

6

3% May

2% Mar

,

100

Manufacturing

Industries

American

2% Mar

Carman

Sales
foi Week

of Prices

2.50

Carey Baxter

Jan

Co

Jr (J W) Co

preferred

Aluminium

'American Hard

Feb

2%

America—

Aluminum
American

2"%

Hi

12,800
•

2%

2%

Jan

7%

2%

29%

4%

II

1

Co
of

Co

Ambrook

Corp

Investing cap stock—1
(Mich) common
•

Capital Transit

Range

Sale Frlce
Par

2% Mar

Jan

Week's

Last

American Stock Exchange

High

Low

2%

2%

2%

28

STOCKS

High

2%

A

MAY

ENDED

Range since Jan 1

1

2

WEEK

for Week

of Prices

Last

American Stock Exchange

FOR

Sales

Friday

Feb

11% May

May
Apr

|

1
|

Number 5329

Volume 179

The Commercial and Financial Chronicle

...

(2395)

35

AMERICAN STOCK EXCHANGE
RANGE
Week's

Friday
Last

■'

STOCKS

Par
Eastern

shares

preierred

$2

Easy

beneficial

of

Bond

&

Electrographic

Share

Corp

Equity

Corp

18%

'

Par

13'A

"

Jan

101'A

Feb

500
400

18%
3

6'A
17%

•

40,300

2

1,300

33

36%

37%

4%

4%

400

12

%

8,700

16

4,000

'A

17%

Jeannette

Feb

Jerry
Julian

Jupiter Oils Ltd

&

Kokenge Co

Camera

Fire

Sterling

Fishman

1

Jan

Ford

of

A

Class

B

25%

800

1ft

UA

16

May

Apr

23% Mar
3

Kaiser

x373/a May
5%

Feb

1ft Feb
ft Apr
24%

Motors

Kansas Gas

Kavfrneer

May

4 'A

3,300

51%

800

A

_1

~

2,200

273A

Corp

& Electric 4Yz%

4%

18'A

19'A

2,200

6'A

.

63/a

Jan

6%
9 9'A

43%

Jan

3%

Jan

Apr

514 Mar
723/4

Jan

53A

Apr

ll'/a

Feb

21

4,200

17% May
5% Jan

4,700

653A

Jan

102

*

95

99'A

«

voting

71

Jan

106

100

101

101

American

deposit receipts
Fort Pitt.Brewing Co
Fuller

bearer

—

Co

7,100

i.v

1%

26,700

4%

4%

500

5%

.ft

1

4%

—

1.25

Co

A)

8%

5'/a

5%

7,700
700

12

113/4

113/4.

Kings

5%

Power

Co

x243/4. 25

•

cummon

erred

pr el

1,200

4%

Jan

General

Acceptance

General

Alloys

5 %

11%

1

Corp

600

5'/a

5 %

ll'/a

1

common

4,700

12

Feb

8% May

4%

(D

Kleinert

Knott

Co Ltd—

Hotels

Kobacker

?

Corp

Shore

10%

Jan

12%

Jan

La

2114 Jan
Jan

3

Jan

10%

Jan

12

May

13A

Feb

Jan

18

Mar

16

Salle

Sessions

ord

£1

reg

Corp
pfd ;*•/•», 'In
Fireprooling common
—-—5

6'/a

6%

General

Plywood Corp common
preferred—

400

6%

83/4

8 34

83/4

50

27%

273/8

27%

600

Public

General

6%

Service

preferred

$6

•

preferred
Mich

C)
Co

Alden

Glenmore

14,600

116'/a

150
20

115

116%

B_

Lefcourt

Inc.

Sugars

Jan

12

Jan

1ft

1,000

63A

7

Loblaw
Locke

class

Groceteriaa

Class

—

16%

2,900
.

<

:

6%

300

;

14%

163A

16,200

5%

5%

3,100

43A

4%

5

4,200

10%

17%

103/4

113/4

"

17%

•

4,600

17'A

«...

400

7 3/a

/73/a

Chain

(The)

-I■

A

•:

Land & Exploration

Lunkenheimer

(The)

1

7,600

Inc

Greer

Hydraulics

Grldoil

&

Griesedieck

Gypsum

Lime

stock

2034

20 % X2Q3/4

700

%

200

40'/a

40'/a

'/a

200

•

Jan

7%

Feb

5% Afar

3%

Jan

4'A Mai"

2%

2%

400

"4%

100

6%

300

—8

-10
10

1023/4

105

Manischewitz

Apr

8
Apr
1214 May

Jan

Apr
914 May

19'/a May
3/4 Mar

Feb

23A

Apr

70%

Jan

6 3A Mar

Apr

45% May

44%

Feb

54

Jan

113A

6

10%

275

2%

2%

3,100

2

300

13

10 3/a

9%

13

Laboratories

Lamp

Jan

24

Jan

McKee

Jan

86

May

Mar

l'/a

Apr

51'A

Jan

75%

100

22%

Jan

24%

12%

1,200

Metal

600

24'/a

263/a Mar

14

Apr
Apr

23%

Jan

2,600

3%

250

175 'A 180

60

139'/a
18

1,200

—9c

2

6%

11%

ll'/a

14%

1,100
200

173/a

Jan

3% May

''

Micromatic
Middle

16'/a Mar

19% Mar

ll'/a May

13'/a

Jan

May

1

7% Mar
15

Jan

14'A Apr
40% May

Hastings

Mfg Co
Bakeries

Hathaway
Havana

1,000

3%

Feb

4

Jan

5 %

Apr

10

Jan

1%

2

500

35%

34%

36

2,600

26'/a

Jan

3%

3%

100

23A

Jan

3 %

4,800

8

7%

8

18'A

75

6'A

18%

.

class

Jan

2l'/a

Feb

1,200

19'A

40

93%

Jan
Jan

"2%

2%

1,100

8%

600

8%

8%

50

11%

Horn

&

1.800

12

15% xl6%

Hardart Baking Co

Co

Jan

Jan

2 '/a Mar

6%
8

Jan

Apr

10'A

12%

—

Apr
Feb

13'A Mar
46

46

25

137

30

130

Apr

19%

600

18

Jan

105%

90

100%

Jan

29%

700

243/4

Jan

19%

100

Inc

common—5

105

273/4

29%

Jan

3

Jan

137

•

preferred

8%
16%

Jan

11%

•

19%

8'A May

Jan

12%

100

15

common

103/8 May
2% Jan

12

4,300

12%

101% May
70% May

Jan

2%

16%

•

_

Hardart

8

1

—

(Geo A)

&

&

—

2.50

Horn

8% Mar
Jan

19%

19%

8

•

Feb

14'A

9

5

Jan

23 %

70

1

A

4'A

18'A May

101'A 101'A

19%
„

10

—.

preferred

Jan

2 %

373/8 Mar

13 % Mar

18%

_10c

common

(Harvey)

1% May

1

Hormel

Humble

Jan

1,400

2

Hollinger Consol Gold Mines.
Holly Stores Inc
Holophane Co common—

Hubbell

May

4

100

Products

Co

Inc

13A

53/a

.100

—

convertible
Co

57

Apr

3%

•

Henry Holt & Co common

&

Jan

l'A

5'A

25c
common

common

Steel

52 3A

5 3/8

10c

preferred

Mfg

Feb

"3%

•

Co

Horder's

100
800

1%

2%

30 % May

5

Co„

Co

preferred

(R)

57

IV*

3'A Mar

Jan

1

A

Hercules

563/4

Feb

2'A Mar

•

Rubinstein

5'A%

22%

23/a
27

2
Inc

Corp

Mining

Class

400

1,400

25

Dept Stores common

Helena

1%

2%

2934

__1

Light
Co

Lithographing

Hazeltine

1,700

2%
26%

—1

Organ Company
Electric

Brewing

2%

2%

2%

1

44% Jan

Mar

Lock

&

capital stock—*

Manufacturing Co

71

72'A

5

Hydro-Electric
Securities
Hygrade Food Products

preferred—

a

dividend

Co

Midwest

•

15 3/8

17'A

17%

American

dep

Oil

receipts

Imperial Tobacco
Imperial

of

Tob of Gt

capital stock—*
Canada
5

Brit

&

Ireland-.£1

Indianapolis Pwr & Light 4%
Insurance

Co

International
International

of

North

Cigar
Metal

International
Investors

Corp

of

Pwr &

preferred.
Canada
Light 5% pfd

Service

Public

Missouri

Loan

96%

96

94

92%

States

Mountain

States

Tel

TV

Ohio

Muter

Company

13%
46

21'A Mar
106

303/4

May
Apr

Nachman

Industries

National

Inc

...——

Dehydrating

Alfalfa

A

•

National

74%

Apr

123,4

Jan

Bellas

Hess

common
——

Industries

Inc

18'A

Apr

73/4

Jan

8%

Apr

23'/a

23 %

Air

National

10% May

National

8

Jan

100

Mar

1

.

t

Feb

New

British

Jan

19'A Mar

New

England Tel & Tel

Mar

34

Feb

New

Haven

Apr

193/8

Jan

27'A
12

1138

700

10'A

Jan

3%

3%

2,100

3%

Jan

1

2%

2%

2%

2.300

2% May

;

see

c

•
i

page 37.




Le

Nestle

Mur

Co

common—

n%

1,200

'

•

3 'A

3%

.

200

&

convertible

Mar

New

Idria

4%

Feb

New

Jersey

1,000

1

U

55'A May
2'A Jan
5% May
10 3A Mar

12

4,800

Jan

7

57'A

Jan

3%

Apr

6

Jan

13'A

18'A

xl6%

18'A

2,200

13%

1

12%

123%

123/4

3,100

11% Jan

13%

11

14

8%

24%

15'A

•
100
•

14%

7% Mar

9,900

24%

50

16%

9,200

Jan
Feb

24 3/a May

Feb
Jan

1

Apr

8'A

8% May
18% Mar

Apr
Feb

25%

Apr

16 3/a May

13%

Jan

5%

Jan

7'A

233A Mar

26'A

6 %

400

23/a

2%

3,100

2

Jan

3

4%

1,100

4%

Feb

53/a Mar

30'A

14%

100

24%

4%

~2%

6'A

2 4'A

30'A

25

14%

143/4

5,000

Jan

30

10%
103

Feb

Apr

313/a

Apr
Feb
Jan

Feb

14% May
106

Mar

34%
42

43

500

35%

42'A

105%

6,300

30%

Feb

35'A May

40

Jan

47%

95%

35%

Jan

370

"3%

11,200

2%

175

1

175 'A

270

172'A

"2%
175

Apr

101 'A May

Apr

104

105% 105%

98%

"3%

107% Mar

Jan

103%

Jan;, ^
Jan

Apr

3 'A May
180

Apr

343/4
6

%

"7

2,800

Jan

37%

5%

Jan

x7'A

Apr

4

Mar

3 3/a May

3%

Jan

33A

Feb

100

16%

16

Apr

14

Apr

18

Feb

17'A

16%

Jan

19

Mar

105'A

Jan

1133/4

150

%

l°u

4,900

ft Mar

27%

27%

300

26% Mar

113
1

ii

113% May
1% Jan
28'A

Jan

Jan

8% May

33%

3234

33%

150

283/4 Mar

33% May

5%

5%

531,

500

5'A May

8

73/,

8

1,000

3%

Feb

New

Mexico

&

Park

90'A Mar

New

Process

9%

Jan

123/b

Apr

New

York

Apr

6%

Feb

New" York

3%

Jan

4% Mar

New

York

&

Watch

Co

4%

4%

700

11%

11%

11%

4,400

7

6%

Jan

Chem

2%

—•

18%

& Honduras

Apr

43A

Apr

53/4

Jan

12'/a

Apr
Jan

1
25c
;—2

2%

4,200

1%

Jan

18%

8,000

155/8

Jan

11

2

200

11'«

l'A

9 'A

9%

100

11%

1ft

11%

700

3,300

103A Mar
l3/a

Apr

9%

Apr

2%

19'/a May
13% Jan
13A

Jan

'

11

Feb

11% Mar

12%

Jan

Feb

20%

Apr

18'A

18

18%

1,800

16%

1534

15%

16%

600

15%

Jan

18% Mar

1

28%

273i

28%

1,100

18%

Jan

29%

Apr

25'A

Apr

27

May

"3

"3%

1,400

3

Jan

1

1

3%

%

"2 ft

2'A

2%

3.700

3 l'A

33%

2,100

37^8

2'A
33

3%

100

2%

2V&

30,900

Co

50c

"2%

"2%

43%

39'A

43%

19,300

1
1

16%

14'A

17%

29,300

l'A

1%

1%

1% Mar
24%

Jan

3%

Apr

1

51,000

Co

Land

•

Rosario

10
10

Jan

33/4

Feb

2 %

May

35'A

Apr
4% Feb

234

2%

212 May

3

1,400

115'/a

Jan

300

2%

Apr

3% Feb

7

2%

122'A 124

Jan

93/8

1

Jan

91,100

36%

Feb

113/b

Jan

3/4 May
45

•

common

Merchandise

16%

Jan

18%

123%

Co
Co

Jan

4

14'A

10%

—1

100
1
—20

common

Auction

100

16

16

43/4

40c

preferred

Arizona

Mining

16

Ltd

Zinc

Min

5 3/a

12 %
"

:

4%%

New

11%

/ 400

12

11%

12

1,900

25

Oil

Dominion

Clock

Jan

84

200

~8~'A

Neptune Meter common—.———10

95%

11%

4,600

6%

5%

30c

Jan

3%

1

Chute

common—

Radio

Union

Jan

7,100

100
v

Transit

91'A

11 %

Jan

18'A

•

Ltd

Car

83

Co—

Manufacturing

tootnotes

Products—

Steel

363A May

10c

Co

Inc

For

Starch

National

Corp

31

23%

preferred

Iron Fireman

Machinery

Jan

0

3.90%

Rubber

19

capital stock.*

19 %

Apr

16 3/4

1
10

Research

Feb

"

Apr

Jan

6

6

53/4

4

Co.

National

28%

•

J

83/a

15

26,600

6%

17%

18% May
3% Mar

Jan

A

~3%

1

Co

Milling

x9 %

—

7

7

ft

"3%

'

—.

7

23A Jan

Apr

&

Radiator

5

Resistance

Jan

10
—1

Corp

Namm-Loeser's

Presto

'

Feb

153/a

7,000

Feb

May

138'A Mar

National

613 Mar

11%

7,000

3%

5
common—2.50
10
common
50o

13% May

120

3,600

18%

3'/a

Co..

Mar

1,700

12

173A

Muskegon Piston Ring
Muskogee Co common

700

94

11%

3%

—-.1

Inc

Mfg

93/4 May

18%

13

Power

§Muntz

4'A May
24% May

Feb

11%

13

common—7.25
& Tel.—
100

Mountain

Murray

Jan

273A May
13% Mar

series

Mfg & Stores common
Petroleum
Ltd

96%

73A

33/4 Mar

Jan

Society com

Fuel Gas

.

21'A

100

22%

C—
100
class A
1
Montgomery Ward & Co class A
•
Moody Investors participation pfd—•
Morris Plan Corp of America
10c
Mt Clemens Metal Products.
1
6%
cumulative preferred
4
Mt Vernon-Woodberry Mills—
2.50
preferred

4.50%

6,500

.

1,400

9%

50

common

National

■

Products

Service

36 34

■,J

'

—

24%

9%

800

Molybdenum Corp
1
Monongahela Power Co—
4.40%
cumulative preferred
100
4.80% cumul preferred series B—100

National

10'A xl0%
—

2 4'A

50c

convertible

4%%

Minnesota

'

Royalty

Public

5

Machinery

International Petroleum
International

pfd„100

America

36

36%

243A

Apr

273/4

1

National

__

29 3/4 May

•

Refineries

53/a May

registered—£1

(Canada)

Feb

12% Mar

Imperial Chemical IndustriesImperial

22

27'/a

—8

4'A Mar

4,500

75

27'A

Co

Piping

National

common

293/4

13 %

•
50o

National
Zinc

283A

26% May

shares

common

Jan

11

293A

Apr

common

Jan

3,300

34

—1

Corp

Jan

13%

Jan

Feb

—2.50
*
10

43%

12%

13

33

1

3

1.200

10

1

57

5%

34

19

Abrasive

Co

Jan

11

Inc

300

3

34

—

15

4,300

72%

3

5'A

3

♦

May

18% May

25c

common—.

National

Oil & Refining

25

Feb

1

Petroleum

non-cum

Midvale

Mid-West

Monroe

May

Jan

15%

Corp $1 conv preferred—*
Steel Products—

Midland

Mining

15

21%

200

10

common

Miller Wohl Co common
Inc..

11

3,400

18%

Oil

Midland

$2

3,500

25

100

1

Hone

15

233/a
18%

1

Corp

States

133A

25

30.600

Bumper

139% May
2% Feb

14

18%

_*

Corp—
Michigan Steel Tube
Michigan Sugar Co common
6%
preferred
Michigan

7% May

182'A Mar

Feb

Apr
12% May

26%

Co

Brothers

Michaels

Jan

l3/4 May
6

10'A Mar

23%

Co

Participating

132

40

mmmm

""

~

14,900

12

14 %

5

•

7%

,

1

&

Textile

164'/2 Feb
Jan

113A

263/4

Co

Mfg
Iron

Mesabi

Apr

5,300

Apr

4,400

24'A

1
5

Merrill Petroleums Ltd

47%

6

Jan

70%

•

common

Dredging

Johnson

Menasco

Jan

17%

common

Mead

& Co

(A G)

McWilliams

1% Mar
Feb

200

10

Jan

Mar

3'/a

139

6

Harvard

Jan

69

£1

8'A

36% Jan

7 '/a

Ltd

Co

Shovel

Power

12'A

260

50c

Co

Hartford

I iV"

Jan

14'A

Marine

Massey-Harris-Ferguson Ltd
Mays (J W) Inc common
McDonnell Aircraft Corp

53

15%

7

7 %

Marion

Apr

49

213/a May

179'/a

Communication

Jan

H

Hammond

May

3

Mar

24'A

113/4

—

•

Mfg Co—

International

Mid-West

Haelan

Jan

Feb

53/a Mar

4'A May

10%
13

•

Co

B)

Marconi

Jan

Jan

(The

Mapes Consolidated

13% Mar
25

1

common

Jan

Jan

%

Service

Stores

25%

x24%
7%

Maine

Jan

10

32

9,200

Alabastlne

&

33/8
42 3A

2% May

M
Co

40,000

l'/a

2

Brewery

Corp

46

%
44

1%

Leases

Lynch

Co

78

100

Products

?«•

7

3%

2'/a Mar

40'A
120

42

Co——-1

Chemical

Western

Stores

Apr

Tea—

Inc

Freehold

Grocery

;

107%

Mangel

5,600

6'/a

3'/4

Oil

Apr

413A

—-

3

1183/4 Mar

63/a

6%

9'/a Xl05/a

15'/a

Lakes

Feb

17%

■

•

Co

Public

19'A

6%

3'/a

Co

Non-voting common
7% 1st preferred

Feb

10 3A May

600

6 %

6%

1

Co

Mackintosh-Hemplilll

50

10%

15 %

Great

Apr

63%
53/a

33,800

v

~4%

•

2%

114 May
1143/4 Jan

100

23

•

Mines

Pacific

&

4'A
■/

5%

35'A

—' -

10%

11% Mar

8%

8%
23

•

Industries

163/4 May
;

4%

——

1

Co

Jan

Jan

4'A

—9

;

Shipley

••

Jan

73/a

Feb

15% Mar

-

Steel

•

1%

•4%

——

•

105% May
13A Jan

Jan

B

Amer

Atlantic

103A May
3'/a Jan

Jan

5% May
4% Jan

83/4

*

Apr

Apr

10c

Manufacturing

Jan

May

16% May
14% May

•

4%

—

-10

A

Jan

73/4

Gray
Great

l3/a Mar

2'A

1

Consolidated

'A
'24

Apr

4%

_5

1

B

&

--

5

105

1,100

1

class

preferred

Great

Jan

4,600

44

Irving

15

—

1ft

1

Louisiana

8%

1

Ironite

Feb

IA

Inc

G)

Jan

2'/a

Manufacturing Co
50
Gorham Manufacturing common
4
Graham-Paige Motors 5% conv pfd—25
Grand
Rapids Varnish
i
1

Iowa

Jan

153/4

93A Mar

25c

(R

Mar

83a

•

prior

Illinois

Jan

%

900

Apr

3'/a Mar

34'A Jaiv
9% Mar

23/a May
1% Jan

common

Realty

Tourneau

9

23/a

1

.

B

Goldfield

Hurd

93A

2,000

600

—5

29

8 3/8

Goodman

5%

1,600

ft

3,100

._50c

Jan

2 V2

5

class

Inc

Co

(Adolf)

$4.50

l3/4

l'/a

•

Coal

Union

Class

20

•

Distilleries

Godchaux

400

102 3/4 1023/4

1V2

•

Hoe

93A

23%

2%

10

—10

5%

42'A

29% Mar

14%

1

University

Jan

1

Mines

common

(A

Higbie

Jan

2% May

800

103/4

preferred

conv

Longines-Wittnauer Watch

1

Corp

Gladding McBean & Co

Gilchrist

"13/4
105'/a

105

105

•

Giant Yellowkulfe Gold
Gilbert

"l%

20

$6

preferred—*
Corporation
1

Stores

Georgia Power

4%

343A

3,800

2%

—10

6% May

5ft Mar
8'A
26

105

50c

Adv

convertible

General

Heller

125

23/4

.

100

Hecia

14% May

14%

Co

Extension

cum

Lodge

Finance

pfd_

Hearn

Jan

'

Outdoor

Hall

10%

10%

Foundry & Machine
Lamson Corp of Delaware

Ltd—

General

Gobel

Apr

Apr

1,400

—

—.

Apr

9%
39%

3/a

14%

14

Jan

22%

——

23

Apr

Jan

23A

Lakey

Apr

Globe

Jan

8

Jan

Apr

37'A

30'A

32

93/4

11

2%
105

Feb

50
500;

42

2%
30

1

Liberty Fabrics of N Y
5%
cumulative preferred

2

Glen

42

2%

—B

Le

Jan

Gerlty

42

May

—1

Feb

Jan

$5

14%

5

Ltd

Mines

Apr

l3/a

5%

14%

1

May

6'A

l'/a

rets

2'A Mar

May

20c

25

400

dep

14%

—.

2

26 3/4

33 %o

Co

111

1,000

American

Jan

103

1

150

83A
37'A

7.50

Forge

Laclede-Christy Company
L'Aiglon Apparel Inc

Lamson Si

l'/a

General

133/4

83/4

36%

10

Kroy Oils Ltd
Krueger Brewing Co

Feb

1%

General

133/4

83A
363/4

•

Stores

Kropp* (The)

6'/a

1%

1
25

Jan
Jan

l'A

„

V'i

'

«...

—1

Emil) Co common
(I B) Rubber Co

Jan

l'/a

Co

1%
15%

15,400

—

'

10

Kirkland Lake G M
Klein

4%

Co

Electric

2'A

—

•
50
1
1

50c preferred

Jan

4

Genera] Builders Supply Corp com
5%
convertible preferred
General

2

Jan

Apr

8,400

•
Co

&

Lighting common
cumulative preferred

l'/a Apr
4% Jan

ft Jan

'•

106'/a

100

Mfg Co

2%

110

S

County

5%

Gellman

13%

S

Inc

Lear Inc common—.

Gatlneau

Feb

1%
143A

13/4

1
pfd—100

common

(Walter)

Lake

1

Brewing

(Geo

8 3A

12,800

Apr

6%

Ltd—

Co

l'A

4%

Apr

May

Canada—

American deposit receipts ord reg.—£1
Ford Motor of France—

(Peter)

High

3'A Jan

„

•

Kidde

Apr

2%

93/4

4%

43A
18%-

-

1

Inc

Jan

1% May
'3% May

1

..

class

50%

51

20'A

400

1%

"1%

15c

Co

Kennedy's
Key

Feb

'

Fox

Low

33/4

Mar

8

'

ft Jan
ft Jan

17,900

4

2.50

*

Ltd

non-voting—

Motor

24 3/4

1%
4'A

—10

-

Co Inc

Line

Motor

Class

Ford

Inc

Stores

Tiger

Range Since Jan. 1

High

143/4 May

Jan
Jan

Apr

105

Jan

43/8 May

490

21

17'/a

24%

•
.

(Phila)—

(M H)

Fitzsimmons

Flying

—1
-25C

Petroleums Ltd

Association

Firth

Instrument

&

Ltd

Oils

'

Shares

3 s/a

•

Kirby Petroleum
Fairchild

LOW

10c

O'Mahoney Inc

13% Mar

Kingston Products

Fargo

of Prices

1

Glass Co common

2l'A

Jan

20

7

%

10

common

19%

Feb

25

May

1,100

:

Line

12

14%

4 3/8

Warrants

Federated

Sales
for Week

Range

lale Price

High
27

23% May

20,700

2%

25c

$1 or

175-

1,300

37%

.1-1

Inc

Corporation Ltd

20'A May

21%

18%

3

1

preferred—

convertible

——

10c

common

Pipe

Week's

Last

American Stock Exchange

'

6%

'

5

—

12%

102 V2 103

1

Co

23%

100

14 %

14 3/4

100

pfd

20%

20%

20%

1

common-

Manufacturing

Kureka

Low

12

12%

5

Corp

Embco

Eureka

38

STOCKS

Range since Jan 1

High

23%

•

common

Empire District Electric 5%

Esquire

Shares

20 »A

30
B

class

Machine

Empire Millwork

$2

MAY

for Week

Low

int—1

,

Washing

Electric

ENDED

Associates-

Sugar

Common

WEEK

Friday

Range
of Prices

Sale Price

American Stock Exchange

FOR

Sales

10%

10

10'A

600

31

28%

31%

8,350

93A
20

7%

Jan

Jan

Apr
Feb

124

3
43 %

May
Feb

May
May

17% May
1% May
52

Jan

10'A May
303A May
9

Apr

'!

&

36

The Commercial and Financial Chronicle...

(2396)

Monday, May 31, 1954

AMERICAN STOCK EXCHANGE
rAnge
Last

STOCKS

Niles-Bement
Noma

-*

Amer

4

la

Oils

North

Canadian

North

Central Texas

2%

9.900

1%

Jan

2% May

4

5,200

3%

Apr

5%

Servomechanisms

May

Jan

RR

8,200

A
2

%

1,500

41%

2%

3%
4%

Jan

3,600

~4%

%

Feb

2% Mar

Apr

1%

800

3%

37%

65,200

23%

Jan

1% Jan

800

22,%

5

Oil

41%

Jan
Feb

Jan

4%

Jan

1,000

ft

13,000

11%

11 %

11%

500

8%

9%

4,600

5%

16%

100

1514

Jan

—

~7%

91%

Apr

Sicks

95 %

Jan

7%

46

%

90

%
11

18.900

47%

1,700

92%

7%

47%
90

3% May

500

Canada

of

4%

Jan

Jan

7% May

Jan

48% May

Jan

94

400

May

106% Mar

Jan

26% Mar

16%

Mar

4Va

102%

16%

Jan

9% May
17

40%

•

•

Jan

A Mar
15

May

74

——.-——100

—

High

Jan

16%

9%

•
5

Corp of America class A
Breweries Ltd——...

Shoe

Jan

101% Mar

3%

%

Water & Power—.———•
common
.—25

Sherwin-Williams

3%

Co

Inc

preferred

i%

3 % May
24 %

18% Feb

Low

3%

i7*

common

Shattuck Denn Mining

Shawinigan

Range since Jan 1

High

3%

Sherwin-Williams

87%

Airlines

Perm

%

1%
39

Low

1

Sentry

Leather

Share#

1
—20c

Safety Control--—.
Serrlck Corp class B

3%

;

2

-1
——.——50
Northern Ind Pub Serv 4%% pfd—100

North

22% May

A
41%

American Rayon $3

Northeast

.

1
prelerred_50
Ltd—-———25

Laijoratories Corp!

Norden

21

Jan

•

for Week

-10o

common—

Jan

16%

Seton

Products Ltd—
dep rets ord shares

Corp.

Radio

Sentinel

17

Metal

Non-Ferrous

North

200

13,100

X21

Sales

Range
of Prices

Par

High

21%

2 Va

—1

Inc———.——

Lites

Low

21

Last

2%

X21 %

Week's

Friday
Sale Price

American Stock Exchange

Range Since Jan. 1

High

20%

•

Mines—-—-—

Niplssing

21

•

Corp common—
Pond—

Share

Niagara

28

may

ended

STOCKS

Shares

ol Price*

Lou>

Par

week

for Week

Range

Sale Price

American Stock Exchange

for

Sales

Week's

Friday

36

May

16

26%

~4 %

800

33%

100

18%

Feb

27% May

25%

9,400

33%

28%

28%

"4

Signal Oil & Gas Co class A
2
;'* Glass' B ——.—2
Sllex Co common
1

Apr

23%

—•

Apr

28% May

Feb

-

Ogden

common
Ohio Brass Co class B common

Ohio

Oils

Natural

Oklahoma
Okonlte

Old

—100

Company

United

Filters

Inc

Omar

—

'

— —

450

9 VB

900

8 %

6%

800

6

19%

19 %

50

3%

1,300

16%

3'/a May
16% May

42%

45

15%

1

—

44%

1

Securities

—

15%

23% May
98
Jan

15% Mar

3%

*

3%

O'oklep Copper Co Ltd Amer 6hares_10i
Overseas

85%

8%

75%

25

3,200

Feb

US Mar

Feb

16%

"

1

.

19

6%

•

B

110

1ft May

'

Apr

50% Mar

Jan

82%

8%

7

class

105%

.

83

3%

44% Jan

170
300

■

—1

Olympic Radio & Telev Inc

2% Jan

200

1%

1A

25

common

Corp common
cumulative preferred

Oliver

50%

108% 109%

•

7.50

Gas

Town

40c

™

90o

—

2,200

3%

50%

50%

—•

4%s preferred
Ltd

Power

Okalta

3%

50#

Corp

Jan
Feb

9%

Jan

Jan

6%

Apr

20

4%

-

17%

May
Jan
Jan

37% Jan

45

13%

100

preferred
•
Simplicity Pattern common—
1
Simpson's Ltd common
—•
Singer Manufacturing Co
25
Singer Manufacturing Co Ltd—
Amer dep xcts ord registered——£1
Smith (Howard) Paper Mills
*
Sonotone
Corp
1
$3 convertible

80sb

May

South

Can

Co

6% %

b%

1st

6%

21%
35%

1st

Pacific

Petroleums

Pacific

Power

&

Pacific

Public

Service

$1.30

1st

Pantepec

Paramount
Park

Pen

Class

28

28

28%

27%

27%

10%

Amer

28% Mar

Stahl-Meyer

28%

1,500

26%

Jan

Corp

class

98%

Jan

105% May

97%

Jan

105

150

102%
105%

_

2

1%
9%

130

104

1,600

Jan

Apr
106% Mar

1% May

2%

Feb

24.800

8%

Jan

12 % Mar

175

10%
105

101%

Jan

105% Mar
26%

28% Mar

71

73

Jan

1

%

1%

13,600

1%

6%

5%

6%

23,200

Co

Lid

Pep

Water

&

Power

Co

1,000

13%

Jan

20% Mar

6%

1,200

5%

5%

130

7%

7

600

52%

800

5%

Jan

5%

9,600

12%

Jan

14 %

14

13%

6% May
26%

8%

Feb

5%

Feb

Perfect

Circle

Corp
Packing Co

Phillips
Phillips
Pierce

Screw

Governor
Johnson

Pioneer

Gold

Feb

54 % May
8 % Mar

Piper

Aircraft

Pittsburgh

Ltd

Jan

Apr

Polaris

Scale

Mining

Powdrell

Power

&

common-

1st
&

of

Corp
Co

common

4%%

800

Mines

of

Feb

17

May
6% Mar

4% Mar
26

Jan

"2%

May

69%

70%
41

6%

1%

Ltd-

1,310

65%

Jan

70% May

33%

Jan

41% May

1,700

6% Mar

200

25

21%

300

2%

Jan

3% May

3.800

5%

Feb

7

3%
7

,

150

40%

36

111%

44%

44%

250

~8%

1%

600

40%

3%
23

May

3%

3%
1%

11

•

Jan

40% May

Apr

113% May

Jan

46% May

9%

3

ft

13,900

1%

500

11

11

9%

Apr

10

Jan

Apr

2% Mar

3A

Feb

1%

Jan

14%

Stein

(A)

10%
8

3,300

Jan
Jan

9% May

Colorado—

cumulative

preferred..

Puget Sound Pulp & Timber
Pyle-National Co common
Pyrene Manufacturing

<Se-

100
com.

98%

5

98%

38

•

36%

50

99

38%

98% May
31% Jan

1,000

xl03

Feb

15%

—

15%

200

14

Jan

38% May
16 */a Feb

31%

15%

19

36 %

1,150

24

Apr

38% Mar

Power

36

36%

700

32%

Jan

26%

27'%

1,300

25%

Jan

36% May
27% May

24%

Feb

25% Mar

5%

5%

200

5'/a

Jan

1,200

41%

Jan

1,900

4%

Jan

5%

Jan

3% Jan

5%

Feb

5%

51

4%

5%

Feb

6% Mar
51

May

Btroock
Sun

Ray

Jan

41 %

51

49

51

1,400

23

22%

23%

5.300

16 %

Jan

23% May

28%

29 %

750

25

Jan

30

14%

24.400

13

Jan

14% Mar

13%

14%

14

Jan

May

29 %

51

May
May

14'/4 May

1

6%

6%

6%

4,100

4%

Jan

10% May
7% May

5%

5%

400

4%

Jan

14

1

B

4%

1
•
5

ordinary

.4%

.

4%

3,600

2% Feb
29% Mar

-

100

36

36

36

13%

200

Jan

9%

1%

1%

1,300

1%

Feb

2%

Jan

2%

2%

700

2%

Apr

3%

Jan

21%

21%

125

20%

Jan

22%

Apr

18 %

18%

2,700

9%

Jan

20%

30%

30%

50

Jan

31

Jan

19%

19%

500

17% Mar

20

May

Jar.
Jan

18

13

Apr

15% Mar

9%
2%

18%

5
-1

19%

•

26

4%

25o

Drug common

3%

2%
16%

13%

1
10c
1
*

common

Apr
May

700

*

5

com

5% Mar
4%
36

•

%

3

3%

Jan

Feb
Feb

5%

Apr

Apr

Feb

Supermarkets Corp
1
Superior Portland Cement Inc
— •
Superior Tool & Die Co_.
:———1

10%

10 %

10%

1,400

x9%

Jan

10 % May

25%

24%

25%

200

20%

Feb

25% May

3%

2,500

——15

15%

15%

100

Sunrise

Oil

Finch

Inc

Talon
Class

Corp

3% V

3

15%

2% Mar
Feb

9%

'

3 %

Feb

Feb

17

Texas

Inc

Power

24%

Apr

*

Thiokol

Chemical

Tilo

Tobacco

Toklan

Apr

12%

19,200

11% May

50

108

21%

106

1.000

Empire
Lux

Co

110

Mar

Apr

24

Jan

15%

18,700

C% Mar

15% May

13

16%

7,700

10% May

16% May

30

30%

150

21

Jan

32% May

7

8%

8%

3,000

Jan

9% Mar

20 %

20%

400

18%

Jan

40

40%

250

39%

Jan

20% May
44'/» Feb

—20
70c
100
1
*

51%

51

1,900

44%

2%

2

3%

3%

6%

6%

6%

88,900

Ltd—

common

Corp
preferred—

of Nevada
Ltd

Oils

Corp

5 A Mar
x57

100%

"2%

2%

12.300

2%

2%

100

7,900

3%

100

Jan

3%

1,200

x4

3%

3%

Jan

500

Apr

94

Jan

57%

Jan

4% Mar
Mar

101

1%

Jan

2% May

2 '

Jan

2%

Jan

2% Mar

3% May

Jan

6% May

4

23%

18%

23%

22%

18%

,

1,300

18%

Jan

24

18%

50

16%

Jan

19%

Feb

2V«

•
•

Inc

Mar

6

% Mar

warrants-,

Corp

Temper

Jan

Feb

19 %

13%

8%

5

4%%

Mining

Trans

14 %

Feb

1

Trust

Corp

Royalty

Tonopah

14%

40

1
1

Stocks

Security

Edison

Trunz

Feb

60%

16

20
25c

Construction

&

Allied

Shipyard

Toledo

13%

Feb

deposit rets ord registered
£1
deposit rets def registered—5#

Amer
Amer

Todd

Jan

52 y4

30%

14%

1

Corp..

Inc

Realty
&

Jan

10 %

500

20%

5

common
Markets Inc

Roofing

Tishrnan
Tobacco

10%

550

108

*

pfd

common

Thor. Corporation
Thorofare

12

1

Light $4.56

Co

1,200

11%
59 %

11%

11%

--8

common

&

Shovel

12

i!o%
58

—*

common

common—

Electric Co common

Tampa

Thew

A

class

B

Technicolor

True

21%

.

2% May

Feb

common

& CO

(S)

14 % Mar

Feb

Feb

Corp
Inc

Stop & Shop

23

Feb

1 Vb

8

(Hugo)

Stinnes

Jan

11%

1,100

Co

B)

2

18%

300

12%

1%

'

5% May

400

22%

12%

1%

'

Jan

1,800

22%

12%

-*■

3%

2,900

1,500

Inc
(J

5%

14%

& Co common-

Engine

5

5

10%

Corporation

Tri-Continental

Co

39% May

9%

Corp

Canada

Trans

q
Quebec

Jan

9%

Corp

Aluminum Products
Brewers Inc

Sterling
Sterling
Sterling
Sterling

Feb

1 % May

500

9%

10%

8

y

•

Jan
Jan

9% Jan

—

\

"

2% May
Jan

'

44%

28%

34%

——1

Co

class

Tube

Parts

Jan

8

2%

40%

—

26% May

200

Mar

22%

3%

1

."

3

10,500

7%

6%

1

B

Jan

2%

6%

500

39%

Feb

22%

2%

-2.50

Nevada

Jan

2

3,700

r

38%

•

America

of

3

69%

•

class

Service

20

Feb

4% May
65% Mar

5% May
3% Jan

2,600

41%

2.50

common

Providence Gas
Public

2%

_

Mar

50

27%

•

B

Products

Steel

Swan

——1—1
II_10

common

East Dome

Prosperity

"l%

14%

100

Inc.

Metals

Producers

22

5

preferred

Prentice-Hall

,

"l%

•

Lambert Co

Preston

800

20%

25o

Pressed

%

50
common

Co

Corp of Canada

6%

Pratt

3,900

4

1

;

common

Alexander

5%

1

Pittsburgh Metallurgical
Pittsburgh Railways Co
Pleasant Valley Wine Co
Pneumatic

22

16%

500

41%

May

shares—10#

Lake Erie

&

60

5%

5%

1

Amer
Ltd

Corp

35% May
3% Jan

1,900

4

•

Mines

2,600

62

16%

•

100

Common

Pinchin

60%

350

4%

3%

2.50

Co

36%

36%
60%

class

Common

(The)

18%

6%

Standard

of

18%

•

32% Mar

Jan

26'%

10
1
10
1

(Ky)

Steel Co

%

51

Packaging Corp
preferred
Power & Light common

8tarrett

18

(Mass) —20

28% Jan
46

36%

20

Oil

Jan

21

Ii

(The)

Boys

Pepperell Manufacturing Co

,

27%

1

Convertible

Stetson
Penn

Feb

8% May

8% May

■

39%

Corp
1
Inc_——_——1

Standard

Mar

4%

Jan

13%

140

common

Standard

Standard

13%

1

4,000

49%

49

25
1

Industries

Jan

700

2.50

:

common

29%

preferred

convertible
Forgings

$1.60

Apr

18%

2

Co._

Corp

29%

—25
25
25

Standard

54%

Jan

j

Traffic

29%

49 %

Corp

Standard-Thomson

18%

6%

Jan

•'

Standard

Feb

18%

•

Jan

5%

I—IIIIII1

Dredging

6%

3% Mar

l

l

7%

Inc.—

Standard

Jan

2

Corp
Plymouth Mills

1,600
.7,300

preferred

Corp.

2% Mar

4% Jan
53

Shoe

Standard

Jan

26% Jan
1%

_l

A

8%
8 %

4% May

"5%

28% Mar

110

20% Feb

share__l Bol

Parkersburg-Aetna

Penn

Jan

104

vtc__2 Bol

7%

Pipe Line
Southland Royalty Co

27%

•

A)

Apr

<7

cumulative

500

105

;

1%

4%

7%

Southern

Spencer

102

i..*.

Jan

10,500

21% May
35% Jan

May

8%

preference
convertible preference
cumulative
preferred

28% May

•
(C

Feb

3%
5%

4%

4%

15 % Mar

29

E'dison—

4.32%

22% May.
Mar

3.500

14,900

8%

convertible

27% May

1,500

*

common

Jan

Jan

20%
30%

12.50

common

California

105% 105%
102

Patchogue

Pennroad

30%

28%

100

B

Patican

Jan

27%

1

pfd

Company

Co

28

27%

•

common

(C A)

Chemical

Parker

200

30

•

Ltd

Motors

33

30

1

Light 5%

Petroleum

Oil

Jan

13%

4%

19%
29

1

4.08%

36 Va Mar

30%

25

preferred

Pancoastal

33% Jan

700

30

_•

Airlines

Page-Hersey Tubes

3,000

25

pfd series A
4.80%
red 1st preferred
Pacific Lighting $4.50 preferred
$4.40 div cum preferred
$4.75 dividend preferred
Northern

600

35%
31%

25

preferred

redeemable 1st

Pacific

21%

35

x20%
'

25

preferred

redeemable

6%

1st pfd

preferred

1st

31%

I

25
--25

common

Pacific Gas & Electric 6%

Co

800

5%

19%

original preferred
25
4.88%
cumulative preferred——25
4.48%

4% May
33% May
5% Apr

Jan

30%

6%

4.56%

Pacific

Oil

Penn

Southern

5%

5%

32

1

Manufacturing common
Coast
Corp common

South

14% May

Jan

3Va Mar

Publications—

Slmmons-Boardman

Jan

2%

Feb

4%

5,700

3%

Jan

300

33%

Jan

100

8y8

Feb

May

u
Railway

81 Utility Investment A_
1
Packing Co common
—10
Raymond Concrete Pile commonRath

Reading Tube Corp class A„
Class
Reda

Rels

Shoe

Inc

&

Rowe

I

Corp

6% May

Jan

8

A

U

800

7% May
A Jan

32%

200

8%

5,000

~8%

2

,50a

•

—

Oil

Corp
Co

Fifth

95%

94%

—£1

IIII
II"

Co

common

5

Jan

34%

Feb

9%

Jan

29

20

21

—10

38%

21

1

Co

96

1

150

United

Milk

United

Molasses

2% Mar

Jan

2%

17%

300

38%

2,000

10%

11%

12%

Jan

99

20%

Mar

10

May

20'/a

Jan

22% May

38%

Feb

10 % May
xll% May
5

3

Apr

13

Feb

13%

Feb

5%

5

5.

Jan

2%

Jan

1,400

4%

Feb

3,300

3

5

Jan

14%

1,500

3

,

series
of

NJ

10%

Shoe

Jan

20 % May
3 % Mar

5%

Jan

S

&

US

U 8

class

1st

U 8

Rubber

United

Sapphire Petroleums Ltd.

Savoy

Oil

Sayre

&

Schick

Inc

Fisher

8

Brick

Co

.!

Oils

6

1

Seeman

Corp

Bros

—50o

Oil

Western

Securities

Co

Ltd—_I

Airlines

General

Inc

footnotes

—50c
1

-12.50

s^e

page 37




.

3.400

38%

Jan

!3

52% May

9% May
1A Jan

„

2

65.300

6%

1,200

4%

'

1%

2%

1,900

2%

10.800

15%

21%

22%

1,500

18% May

1ft

1%

1,000

6%

Jan

1ft May

»

Hi

1 %

1
1

I if

1,700

5%

6 %

2,400

2

2%

400

14%

14%

14%

700

12%

11%

13%

6,000

,

Apr

1%

1%

7

12%

10

228

%

Jan

8%

5ft Apr

Corp

%

670

Jan

10

39

38%

39 >4

10%

10%

314

3%

5,400

"3%

18%

19

70'4

71%

250

50%

48%

59%

9.700

8%

9%

9,100

97%

98%

225

6%

5.000

9

•

•

98%

6

1

Co
Oil

Jan

16% May

4%
19

Feb

71 % May

Jan

50% May

Jan

9 % May

Jan

6%
88

98% May

Apr

7%

Feb

1V4 Mar

2%

Jan

4%

1%

700

2%

1,300

II

Jan

64%

100

56%

Jan

67%

23 y4

Jan

33

26%

28%

550

22% Mar

2%

2%

Feb

Jan

39%

2%

3,600

5%

709

10

I

May

62

64%

10

Sugar

40% May
14% Jan

Apr

1%
2%

10

common

Jan
,

1%

1
50e

common

Jan

45

2%l

1,200

Apr
Vz

5% Mar

Jan

36 V4

400

45«

236

Jan

36%

42 %

18%

warrants

Jan

221

15,500

44%

71 %

Securities

Reclaiming

Products Co

Mar

Jan

Valspar
$4

Corp

Venezuelan
Venezuela

Jan

Vinco

Apr

_

Steel

'

5%

5%

84 %

2%

Jan

5

May

74

20

„I—•

23%

23

1

Co

Inc

1

84

24%

Petroleum

Syndicate

.

5

preferred

Vanadium-Alloys

Apr
Jan

14% May

common

convertible

7%

13%

/

Apr
Jan

1,500

•

Insurance

2%

9% Mar

6% May
Feb

6%

425

7

1

Universal

1 %

Apr

Feb

89

36

Jan

2% May

Apr
May

23% May
3

Feb

Feb

23

.

Apr

98% Mar

Jan

20% Mar

1% May

5%
*

Jan

30 y4

100

1

B

Consolidated

Utah-Idaho

Feb
Jan

May

2%

Jan

20%

5%

1

9 % May

2

Jan

2%
18%

—

19%

1
•

Selby Shoe Co
For

—

1

6

22

Ltd—

Scurry-Rainbow
Seaboard

--

2

1

_IH

52%

Jan

5

■

x

Scullin Steel Co common

Scurry

50%

250

(Del)

Inc

1

32%

%

1
-

Universal

Lawrence Corp Ltd commonSan Carlos
Milling Co Ltd—;

75%

4% Mar

10c

common

Stores

32%

Jan

94

10

12,900

10

preferred

preferred with

Radiator

475

6(4

228

common—25

Co

International

and

$5
U S

81

5%

%

-25

25

convertible
Foil

9 7'.4

8%

4%

100

Canal

Machinery

Finishing

$4

8%

10#

United Specialties common
U S Air Conditioning Corp
U

-7'i"-

•

common

ord registered

Sharing common
preferred

United

8%

95%

.

4%

42% May

Co Ltd—

Profit

RR

6.;,:-l

—20

Universal
Bt

100

common—50c

Corp

Products

United

'

95%-

•

A

Omaha

Products

rets

dep

40

81

8%

4

Preferred

Jan

'

19%

1

Amer

Jan

18% Mar

3,900

19%

Apr

32%

2.600

12

1

common

Apr

May

Feb

89

2.500

21%

-1.25

Elastic

United

3,200

20%

x37%

United

3%
39%

__

California—

of

Yards

Apr

1%

2%

Co

4%

*

Co

preferred

Stock

Aircraft

2%

2%

$3.75
Union

Corp

Canada

United

Jan

9% Mar
'

12

common."Ill
-11-11
Petroleum""

Ave

Aeronautical

%

1%

__

•

Ltd

Ryan Consolidated
Ryerson 81 Haynes

7%

Feb

9% Mar

Feb

22

300

—

—

•

25%

600

29

2%

F. —100

—_5

Electric Steel

8%
27%

—1

-

Oil

Jan

6%

700

2%

I

Union

4%

600

7%

,

reg

Investment

6%

2%

common

Union

7%

1

Inc

of

7%

29

II
III

Chemical

Gas

7% May

Jan

10c
5

Corp

Unexcelled

7%

32

Realization

Union

7%

6

II
—

6%

Ulen

Apr

26

ft

,

1

>

Field

(The)

Russeks

Ryan

Apr

Feb

7%

1

Inc

dep rets ord

Cable

Royalite

25

200

Engineering

Argentine Mining Co

Rotary

1,500

4% May
24%

1.200

1

Grande Valley Gas Co—
(Texas Corp) v t c
Rochester Ga$ & Elec 4%
pfd
Rolls Royce LI it—
Amer

25 %

7%

Co

Radiator

Roosevelt

Jan

6

Rio

Rome

Jan

22%

25

25 %

1

&

Arms Co

Richmond
Rico

3%

200

7%

I

Co

Electric

Remington
Rice-Stix

100

-6.25

Co

(Robert)

Reliance

4%
22%

-lOo

B

Pump

Regal

4%

22%

,

*

_

Corporation

Virginia Iron Coal & Coke Co__
Vogt Manufacturing

-L_

_20c
1
10

7

Feb

84% May

22% Mar

24%

Apr

32%

Jan

23 %

500

24%

25'%

2,300

23%

Feb

3% '

3%

3%

2.400

3%

Jan

4%. Jan

4%ft

4%

4%

1,600

4'%

Jan

6% Mar

26%

2T%

700

j

24 Va

Jan

30% Feb

13

13

100—-

12 Va

Jan

15

27%

•

'ii'i

r

~

Mar

i

Number 5329

Volume 179

i

■-

The Commercial and Financial Chronicle

...

3T

(2397)

AMERICAN STOCK EXCHANGE
RANGE

Week's

Friday

I

STOCKS

Last

American Stock

Par

WEEK ENDED

Aircraft

Wagner

Shares

Low

BONDS

High

Low

7%

,

voting

otfa

ext

preferred

Waitt

100

Bond Inc

&

Watch

Waltham
Ward

Tiernan

&

100

5%

6%

5,400

107

—

30

Inc

Co

1

105

1,200

17%
26%

1 %

1

1

%

Webb

Corp

&

Knapp Inc

series

Utilities

l.JB

4.40%

pfcl

19

Jan

26% May

Western

Maryland Ry

Western

Tablet

&

7%

2,550
780

3%

—

~4

1st pfd__100

Stationery com

4

•

Westmoreland

Coal

Inc

10

~4% "415

12

Weyenberg Slice Mfg
Whirlpool Corp
Auto

Slores

5 % %

conv

preferred

Whitman
Wichita

(Win)

River

Wickes

(The)

Williams

Products

Wilrich

Ltd

5,700

8'/4

4%

5

4%%

Wood Newspaper Machine

17%

43/4

Feb

Woolworth (F W)

Jan

3% Mar

100

8%

Jan

150

6

Jan

400

Jan

14

39,700

2%

700

10%

17%

f 2%s

s

series E

Sinking fund 3s Jan 1 1997
de Janeiro stmpd
(Plan A)

ARussian

Government

2%

100

12%
41

10%

6s

deposit receipts
preference

6%s

15

Mar-Sept

1997———

-Jan-July

_

1919-

A5%s 1921

_Jan-July

"No
e

value,

par

Odd-lot

Deferred

a

transaction

principal.

delivery transaction

transaction

(not

4%

43

4

5%

3%

4%

38

3%

5%

included

in

included

range),
d Ex-interest,
Ex-stock dividend, h Ex-

year's

f Ex-distribution,

range),

(not

46%
35

4

4'/4

included in year's

(not

Under-the-rule

§ Reported

receivership.
above—"cod,"

in

used

Abbreviations

certificates

tive; "conv," convertible;

"M," mortgage;

"w

w,"

i,"

when

issued;

"w

with

"n-v"

warrants;

"x

56

39%
32

35

36%

g

in

ye,ar's range),
r Transaction
(not included in year's range),
x Ex-dividend,
y Ex-rights,
z Ex-liquidating dividend.
$Friday's bid and asked prices; no saies being transacted during current week.
A Bonds being
traded flat.
n

37

44%

45%

-

104%

36%

54----

45

~4%

.

100

„

$35

June-Dec

—

39%

45%

2012- _Jan-Jtily

2s

__

102

$50

_Jan-July

Rio

Jan

Jan

2%

of

deposit;

"cons," consolidated;

cash

for

"cum," cumula¬

non-voting stock; "v t c," voting-trust certiiicates;
w," without warrants.
V

Feb

15%

300

1,600

Stock and Bond Averages

Jan

12%

Feb

Below

107% Mar

Jan

11

Apr

17% May
13 % Jan

32%

Jan

45%

listed

the

daily closing averages of representative stocks and bonds
the New York Stock Exchange as compiled by Dow, Jones & Co.:

on

are

-Stocks-

10%

10,000

8%

10

Total

30

Jan

3%

-Bonds-

Apr

Ltd—

American

2008

__

$98

8% Mar

10y4 Feb

17%

12

40%

1

ft May

102%

12%

E'xtl

2%s

$66

June-Dec

41

13% Apr

—

17%.

Peru

stamped

High

41

7% Feb

12%

(!•,

__

$65%

Low

$66

.June-Dec

High

5% Mar

8%

2%

1

(Plan A)
(Republic of) —

8% Mar

21%

May

1,800

—

—

a

Jan

6%

9

1

27% May
25% May

Apr
Feb

7

Jan

19

6%

Itf

1

Woodall Industries Inc

Mar

Apr

—

5

12

100

pfd_

11% Jan

16

1

Lt

&

Apr

8%

—

26

Pwr

Jan

3%

„

__

Parana

Mar

May

35

20

1

common

6

185

800

1

Woodley Petroleum common

6%

25%

8

1

preferred

Wisconsin

24%

__

Inc

Brothers

50

.May-Nov
April-Ocf

Jan. 1

No.

$84

Mortgage Bank of Bogota—
A7s (issue of May 1927b 1947A7s
(issue of Oct 1927) 1947—
AMortgage Bank of Chile 6s 1931———.
Mortgage Bank of Denmark 5s 1972

Jan

Jan

25 Vt

1

Petroleums

5%

18%

—

Co

&

Willson

Wilson

18%

June-Dec

Range Since

Sold

$40

1951

stamped

Bonds

Friday's

Bid & Asked

2%s 2008— -May-Nou

(Plan A)

May

Apr

325

25%

1

4%

102%

8 V2

10%

1

Corp

(R C)

May

Jan

4ft May

29

Corp

Oil

Apr

175

--

7s

16% May

32%

2,100

—

—

18%

1

Co

&

1%

165%

,

9%

B

Inc

Feb

Jan1

May

stamped

Jan

.

.1
;

White's

Jan

9%

3% May

—

20

Westmoreland

—

1%

%

300

3%

May

7%
153

102

•

Jan

Jan

21,000

100

Western Leaseholds Ltd

Jan

1% May

1
Apr
7% May

1%

1

7%

110

Jan

3,500

16%

14%

__

May

-

12'/4

154% 157%

1 %

•

Manufacturing

Texas

14%

10c

preference

Wentwoi th

West

•

37/e Mar

21

1,600

or

Sale Price

T*w

}§

500

25%

26

Jan

5% May

,

40

1 %

17

1

common

107

1%

2%

Baking Co warrants-

Wasatch

$6

3%

1

$2 cumulative preferred
Wallace

3%

5 Vq

•

Week's Range

Last

Period

High
AMedellin

3M>

——

Interest

American Stock Exchange

Range Since Jan. 1

Maranhao

Co

Baking

28

for Week

w
Waco

MAY

Friday

Range
of Prices

Sale Price

Exchange

FOR

Sales

Apr

11

15

Indus¬

May

20

Rail¬

Util¬
ities

,

First

Second

10

Indus¬

65

roads

10

10

Grade

Grade

Util¬

'•

Total
'

3% Apr
Jan

•

Ltd

Hargreaves

1
1

,n

1 ii!

1%

10

7,100

Stocks

trials

Rails

Rails

21

326.09

110.24

58.11

122.18

100.05

102.65

99.85

100.81

May

Wright

24

326.09

110.02

58.04

122.09

99.95

102.59

99.87

100.66

BONDS

Interest

Last

Period

American Stock Exchange

Sale Price

25

325.02

109.69

58.05

12^.78

99.92

102.39

99.79

100.70

100.70

Friday's

or

Low

High

Bonds
Sold

Range Since

May

26

327.11

109.91

58.17

122.31

99.85

102.36

99.77

100.67

100.66

Jan. 1

May

27

326.37

109.47

57.82

121.89

99.71

102.24

89.72

100.55

NO.

100.56

Low

trials

Date

2

Week's Range
Bid & Asked

*

100.77

May

u* Jan

May
Friday

•

(($>

40

ities

Bonds

100.84

'

High
1

•

.

Appalachian Elec Power 3V!»s 1970
Steel 6s

Bethlehem

Edison

Boston

Aug

2%s

June-Dec

1998

1

series

104%

Quar-Feb

1970

A

Chicago Transit Authority 3%s

June-Dec

1978

104% 104%

12

$150

101%
132

99

99%

29

97

85%

Jan-July

99

85%

86%

18

85%

105%
150

91%

Lackawanna of N J Division—
1st

mortgage 4s

A 1st

Elmira

Fuel

&

Water

Lt

RR

&

A6%s with Nov

A6%s

Nov

ex

AGesfuerel

64%

Date.—

.%%

56%

Closing

63%

96%

94%

100%

Mon.

54.16

High

Mar-Sept

1940 coupon

1947

1

J104

106%

104%

106%

Tuts.

May

25—

54.27

Low

May-lVou

Wed.

May

26—

54.25

$93

Guantanamo

1953
1953

coupon

Mtge Bank
1953

debs

6s

Mountain

Green

65%

56%
96

May

1956

5s

65%

—Jan-July

1965

__

65V4

67%

Mtg Co—

1

Residential

Finland

May-Nov

1993

A

3%s

Marrelli Elec

E'rcole

7

series

mortgage 4s series B 1993

Gas

3%s

Power

& Western

RR

May-Nou

I9G1—..Mar-Sept

5s

June-Dec

1963

~~

June-Dec

1970

4s

96%

A

~~
93

93

~~

98 %

$143%

Mar-Not?

Hamburg Electric 7s 1935

110

135

$102% 104

June-Dec

A

93%

96%

:il02

Jan-July
-May-Nov

45

May 24

27—

45

Fri.

96 %

&

St Rys

5%s 1938
Hydro-Electric Co—

A7s

A

with

A7s

ex

1940

1

1

1947

1952

coupon

50

.

Tietz

7%s

liq tr ctfs__

—Jan-July

1946

Mansfield Min & Smelt 7s 1941—

England

—--April-Oct
May-JVow

1963
3'/4S 1961

Power

__

-May-Nov

Midland Valley RR 4%
New

92%

122

21

81%

92%

135

139

$90

93

145

133

$139
15

~~

6%s 1953
6%s due 1953 extended to 1963Ohio Power 1st mortgage 3%s 1968—
1st

Jan-July

mortgage

89%
11

103% 104%

-Jan-July
April-Ocf

—

1971
—-—-April-Oct
Pennsylvania Water & Power 3%s 1964—June-Dec
3%s 1970
!■
-Jan-July
3s

mortgage

Piedmont

102

A6%s

Oct

Oct

ex

Service

—
—

1947

1

April-Oct

—

116

I998_Jan-July

__

1960

1960

coupon

—

1954

6s

6'v

& Gas Co

Electric

—_—Jan-July
—April-Ocf
1958———M&y-Nov

Reading Tube Corp. 6s 1971_
ARuhr Gas Corp 6%s A 1953
ARuhr

—
—

_Feb-Aug

1940 coupon

1

Electric

APrussian

Safe

—

Housing

6%s

Corp

Harbor Water

Power

—
__

1981 —_May-Nou

Corp 3s

1962_Jan-July
Southern California Edison 3s 1965—
Mar-Sept
3%s series A 1973
—!
Jan-July
Sapphire Petroleums Ltd 5s conv deb

ref

3s

M

series

1976

3%s series D

-Feb-Aug

1973

B

Feb-Aug

1976

3%%

150

92
103% 103%
101% 101%
102% 102%

85%
103

series E

86
102 %

Durable

91%
105%

1971—Jan-July

3s

3%s

& Electric

Gas

April-Ocf

1970—

(Calif)

Gas

Counties

Southwestern

971/;,

--Feb-Aug
3%s

Gas

May-lVov

__

101%

1

9

—

--

A7s

with

A7s

ex

Dec

Dec

A6%s
A6s

s

1947

1

—
—

Water

Power

Penn Traction

Western Newspaper

May-Nov

—

June-Dec

1964

June-Dec

1960

5s

108

Jan-July

1963

3%s

—

June-Dec

1941

f gold 1945
deb 6s ser A

s

Corp

Washington

June-Dec

1956

1956

222.7

261.9

+ 0.7

263.7

+

1.1

233.2

290.7

+

0.3

219.3

+ 1.5

222.5

1.0

134.8

124.6

.

249.7

291.7

133.5

+

227.0*

225.7

+

0.6

227.0

209.5

267.6

+

2.3

273.7

233.1

Daily, Weekly and Yearly

66%

Week Ended May 28, 1954

103%

102%

Mon.

101%

23

98

102%

Tues.

May 25_;

971/2
97i/2
$100
102'%

1

97

100%

Wed.

May

101

102%

Thurs.

103%

107 %

Fri.

101%

104

99

101

99%

6

99

18
4

97%
102

103%

2,325,100

$3,070,000

$644,010

2,046,540

3.214,000

562,600

—

2,184,880

3,208,000

319,000

2,228,660

3,185,000

279,000

3,464,000

—

1,943,150

24—

2,672,000

421,000

3,093,000

$15,349,000

—

;

26

May 27

May

28—:—

Total

100%

92

90

81%

168

168

152%
95

3,776,600
3,527,000

$15,574,000

$2,225,600

92

$100
$25

„

Jan. 1

Week Ended May 28

93

96

$3,714,000

10,728,330

May

103%

$gg

Bond

Sales

Bonds

Bonds

Bonds

Bonds

Shares

Government

Bank

Foreign

&

Total

United States

Int'l

Railroad

of and Miscel.

Number

89

101

105%

i98.5

v

134.8*

Service

and

135

102%

103% 103%

193.2

•; ;*

Transactions at Ikd New York Stock Exchange

85

Ul54

to May 28

1953

1954

1953

166,905,643

196,581,663

10,728,330

5,842,943

$9,000

548,000

449,000

$2,225,000

1,963,100

60,214,600

43,259,240

15,349,600

13.808,000

329,565,200

310,759,900

$17,574,600

173

$15,780,100

$390,333,300

$354,503,140

Bonds

90

Government

8.

International
.

Railroad

$93
+25

and

Industrial

$35,000

$5,500

.—

Bank

Foreign
/

coupon

coupon

193.9

224.1

+ 0.8

222.4

Low

High

Change

May 14, '54

—

Total

Corp—

i debentures

mtge

Wasatch

1940

1

1

—

1954-

273.7*

102

43

lows for

•

222.5*

136%

U,

Aug 1 1947 coupon
United Electric Service Co—

West

April-Ocf

"1 HA \

291.7*

——

135

132

86

I

230.6

Stocks

85

/ 1 (lOfl

*

232.2*

Goods

Finance

155%

$90

Feb-Aug

—

1933
1953

1940 coupon

A6%S ex

United Industrial

A *

224.1"

Mining

Hydro-Electric Co—
Aug

i^A 1 1

Stocks—No. of shares

(Hugo) Industries—
A7-4s 2nd stamped 1946
A6%8 with

A

93%

Stinnes

Terni

A

263.7"

Utility
Trade,

85

103% 103%
__

April-Oct

— .

MA

Goods

Noil-Durable

103%

120

$104

103%

1970——Feb-Aug

Spalding. (A G) & Bros 5s 1989Starrett Corp Inc 5s coll trust 1966

A

Transportation

102%

116

135

U

Manufacturing

156

148%

85%

A

—

:|:102
__

Feb-Aug

1978

Southern California

Southern

—

116

16

1954, for composite and by major indus¬

May 21,

May 21, '54

93%

$83
$115
$105

A

92

99%

153% 154

«.

104%

101%

$90
$25

2

44.40 Sep

Percent

991

$101% 103

116

4

UMAM

$93

——

and

1st

2%s series C

«

Composite

$150
$90%

—_

with the preceding week and with highs and

try groups compared
4 L-»

Hydro-Electric Co—

A6%s with

Public

—

ended

143

Nippon Electric Power Co Ltd—
A 1st

the week

"
92%

90%

Low

prices based on the closing prices of the common

The SEC Index of stock
stocks for

$25

l!)53

49.80 Feb

SEC Index of Slock Prices

142%

$93

1952

coupon

Italian Power Realization Trust 6%'/

ALeonard
A

Nov

Nov

93

93

—

103

Hamburg Elev & Underground

Isarco

4

47.32 Jan

Range for

High

54.45

May

1954

54.25 May 28

115

45

141%

Range for

'54.37

May 28——

Thurs.

"

$25
__

Averages

(35 Stocks)
Compiled by National Quotation Bureau, Inc.

Delaware Lack & Western RR—

Eastern

ial Slock

Over-the-

101%

-Feb-Ai/0

Union 6s 1959

109%
—

$111
108
109%
$93% 94%
104% 105
109% 109%
$101 % 103

112
9

133%

105

132%

'

93
12
1
—

Transaclions at the American Stock Exchange

96'/#

103%

105

107

110

99%

102%

Daily, Weekly and Yearly
Stobks

(Number

Foreign Governments and Municipalities
Friday
Interest

BONDS

Period

American Stock Exchange

Last

Sale Price

Week's
or

Bid & Asked

Low

Agricultural Mortgage Bank
A20-year 7s April 1946

(Colt

——

Valley 7s 1948

Central Bk of German
A 6s

series

Danzig

Port

AGerman
AS

f

AHanover
ALima

Cons

Munic
6s

(Peru

$120
$84

$93%

7s

6%s

1952

1947

6%s




Tues.

High

Wed.

May

Fri.

--

25

May 26
May

May

—

27

28

132

142

84

1

Total

2,747,270

,

105

115

88

80

117

22

17%

97

97

97

135

Domestic

84

84 %

83%

123

Foreign government

Foreign corporate

Stocks—No.

of

66,000

862,000
66,000
111,000

44 000

53,000

34,000

17,000

2,000
7,000

99,000
58,000

$214,000

$142,000

$40,000

45,000

132

132

130

142

$103

120

102

$55

1954

,.

Way 28
.

1953

1,993,425

52,000,989

48,289,047

$214,000

$225,000

142,000

151,000

$5,521,000
8,983,000

40,000

79,000

$4,701,000
5,710,000
2,301,000

$396,000

$455,000

$12,712,000

$17,051,000

Bonds
—

2,547,000

125

60

1953

$396,000

Jan. 1 to

2,747,270

shares

21

Feb-Aug
1958

Total
Bonds

Bonds

$17,000
14,000

1954

88

$78

$19%
84

Foreign
Corporate

$20,000
7,000
45,000

$25,000

84

May-Nou

1939

1949

Bonds

—

132

$78

-Jan-July
June-Dec

stamped

Jan. 1

Low

610,260
612.190
529,245
556,250
439,325

May 24—

Foreign
Government

Bonds

Week Ended May 28

Feb-Aug

1947

6%s

NO.

Mon.

Banks—

Feb-Aug

der 7s

(Prov)

$93%

April-Oct
Jan-July
Jan-July

—April-Ocf

Waterways

(City)

City

Prov

1951

&

secured

AHanover

&

1952—;

A

A6s series B
A

State

Bold

Range Since

Thurs.

—June-Dec

A20-year 7s Jan 1947
(Germany)
7s 1951

High

Bonds

—

ABaden
ACauca

Range

Friday's

Domestic

of

Shares)

Week Ended May 28, 1954

Mar-Sept

51

56%

Total

38

The Commercial and Financial Chronicle..

(2398)

.Monday, May 31, 1954

OUT-OF-TOWN MARKETS
RANGE

Tel

American

of Prices

Boston Edison

Boston

RR.

Range

*

Common

Street

B—_

SS

Inc

Lines

National

-

Gillette

*
—

Jan

32%

153

22%

Jan

1 %

30

1%

711

63%

6

46%
40
23

50

17%

Jan

23%

470

18%

Jan

50%

117

49

86%

31% May
97 % Jan

Co
*

preferred

Haven

New

Norbute

10

14% May
12% Jan

21%

35

Union

Carbide

*

82

82

40

70%

Feb

82 % May

U

15

.—100

—

Hartford

&

2.50

Woolworth

(F

10

Cincinnati

Transit

1998

4%s

Apr

42%

42 %

42%

82

40%

Apr

45%

Jan

55

55

63.

Jan

...

*

S437.50

54

Mar

Apr

Jan

May

Jan

Apr

37%

Feb

14

10

11%

Jan

1%

13%
115

-

75c

14%

14

Jan

123% May
31 % Mar

Apr

1.12'% May

296

580

23% May
15% Mar

100

92c

28

May

18%

Feb

Apr

1

Feb

6%

50

6% May

7

Electric

American

20

21%

Jan

10%

60

10

26

901

12%

205

Bohn

45%

48%

42%

45

~

25% May
12

Apr

Apr

28%

Jan

11% May

13%

Jan

Mar

7,755

44%

Jan

53%

1,405

36%

Jan

45

220

29%

Jan

34%

5

33%

34%

47%

50%

94

*

12%

12%

110

67

69

Mar

44

11% May
50

1,293

Jan

Apr

May

Apr
50% May
13

Mar

73%

Bower

Roller

Budd

Chrysler

Davidson

Bros

V

.

Week's
of Prices

Shares

Friday
Last

Sale Price
Par

1—

Champion

Paper

*

common

40%

22%

115

19%

50

39%

—

—

27

21

Mar

21% May

17%

Jan

40%

110

32%

Jan

103% 103%

*

Preferred

22Vi

19%

__

48

99%

Jan

High
23%

Apr

22% Mar

21%

41%
105

Apr
Apr
Mar

Cincinnati Gas Electric common- —8.50

22%

22%

22%

1,113

20%

Feb

23%

10

71%

71%

71%

30

47%

Jan

75

Mar

115

May

Jan

77

' Mar

25% May

33

Cincinnati Milling Machine.,

20

Telephone

—

Ware —;_i

Cin Tob

115

10

76

75

76

1,273

33

33

33

10

.

Cincinnati Transit

—

•

Co

4%

'

7%

7%

7%
20%

54

47%

48

10

—

,

28%

28%

43

44%

78

81%

1,116

20%

22

404

14%

14%

120

28%'

•
—

Gamble

&

81%

IIIII~5

class B

Randall

22

*•

Rapid ,i
Unlisted

•

Feb

6%

Feb

18'/B

:

Jan

Apr

May

4%
8

20%

May
Apr

May
Apr

35% Mar

38

Jan

59

_

& Telegraph—100
American Tobacco Co
25

30

Mar

142

42 % Mar

46%

Jan

68

Feb

81% May

20

Jan

22

12%

-

35

47%

50

168% 169%

72

Jan

May
14% May

Mfg

65%

30%

Jan

34

Jan

216

127*

13

,

80

46 %

5y«

*

4"'

_

—.———25
25

Chrysler Corp

10

Cities Service

City Products

*

24%

Gas

Ohio

Jan

4%

Jan

65

50%

Jan

70

__

_

*

(when issued)

General Motors

Greyhound

Oil

Chemical

&

_

&

-3

——

103% 106%

Jan

9% Mar

6%

6%

312

6

Jan

6 % Mar

31%

31%

4.221

Jan

31% May

31%

25% May

44%

Jan

28%

2

200

1 % Mar

2%

125

2% May

9 %

—

9%

413

3%

4

3%

3%

71%

70%

%

2%

2

3%

Apr

26% Apr

3% May

3%

500

3%

2,354

59%

4%

Jan

71%

■

Jan

Jan

Jan

733

Jan

/

2 %

900

15%

Howell

Electric

Ironrite

Motors

Inc

15 %

581

14%

15 Ve

___3

2

41

—

King Seeley
Kresge Co iSS)

_•

-

Jan

2%

Wheel

Mt

Clemens

Feb

15% May
1

15%

150

14%

Jan

8%

466

7 %

Feb

5%

200

5% Mar

8% May
6% Feb

25

25%

31%

16

May

238

24%

Jan

25 % May

32%

870

3)

Apr

34

2%

in

_

l

2%

1,210

.

Metal

Jan

18%

18%

18%

365

1/

Feb

23

Jan

5

—

—

Jan

3

10

23%

23 %

23%

225

22%

Feb

24

3%

3%

1,933

3%

Jan

—

Products

Motor

Jan

'

j,

Products

Motor

Jan
Mar

5%

1
1

_.

2

72% May

8

8%

—

——

Masco Screw

15%

May

3

Jan

23%

2

Apr

10%

Apr

180

25%

4

8%

300

3%

257-8

—

64% Mar

-

23% Mar
39

2

-2%

__

preferred-

4

—

__

.

—

274 Jan

Apr

3j8

Jan

"

•'

3%

1

5%

J

7%

7%

2

Packard Motor Car

Parke

1%

1%

20%

21%

526

4%

4%

2,580

3%

Pfeiffer

Products

_

Brewing

Prophet

(Fred

Rickel

(H

Rockwell

Rudy

Metal

1,463

5%

2,765

13%

Co
...

Spring

34%

5%

.

B)

W)

3%

33%

Davis

Peninsular

.—5

—

Manufacturing

1

Scotten

Dillon

4%

—10

Sheller Manufacturing
Udylite Corp
Walker

&

Co.

—

4.015

13%

1,225
600

11%

Jan

Jan-

5% May

Feb

15%

Apr

Jan

Jan

6

-

4

37 %

Apr

3%

225

7%
1 %

.

—

3% May
32

1 %

7% Mar

Jan

1% Mar
22

Jan

19

May

4% May

2% Jan

14%

1

common

...

344

13%

1774

750

15%

Jan

11 %

11%

1.827

I***;

L,-1-

; r,'

11%

15
1

15% Mar

Jan

17 7 s

,

1%

—

1

..

15

v

-

1

15

•

-

400

-.17% May
-

11% May

13 % Mar

Mar

15

Mar.

10

"

Wayne

Screw

Young

Spring

—.1
*

Wire

&

_

%

100

1% Mar

1% Jan

22%

22 %

—

_

Los

100

21% Mar

22% May

Angeles Stock Exchange

71

Friday
STOCKS

Par.

May

Oil

12%

Jan

27

27%

Jan

14% May
29 % Mar

American

28%

8% Mar

10% Mar

American

American Cyanamid Co (Un)
American & Foreign Power (Un)

9%

10

215

40%

142

125% 126%

no

397a

397 a

37

41%

49

37%
,

Apr

40% May

Jan

127% May

37% May

45% Mar

106

39%

Jan

42% Mar

117

•' 1205

Steel

Schenley Industries

Vacuum

1.40

Co

.

Southern Railway
Standard

Standard

Oil

Co

see

page 47.




Radiator

&

American

72% May

Tel

American

235

12% May
28% Jan

32% May

American

125

13%

Jan

19

American

20

13%

Feb

15%
'

78%

110

58 %

Jan

Feb

May

&

Tel

Tobacco

15% May

Anaconda

80% May

Viscose

Co

Corp

41

May

25 %

Feb

170

19%

Jan

Steel (Un)
Ashland
Oil
Refining

25%

Feb

Atchison

43

43

5

38%

Feb

43

May

54%

Jan

67% May

67%

67%

22

16%

16%

230

18

28% May
59% May

Baltimore

18%

Bankline

27%

27 %

50

22%

Jan

59%

27

477a

Jan

18%

19%

Feb

52

17%

Apr

22%

Jan

44%

%

125

34%

Jan

44 %

43%

50

35%

Jan

44%

May
Apr

5

16%

167 a

66

15%

Jan

17

Mar

'

44

Bandini

Ohio

Petroleum

RR

preferred
Barnhart-Morrow Cons

56%

56%

10

41

Jan

56% May

Basin

33%

16

28%

Jan

Beckman

81%

82%

106

72%

Jan

34% May
82% May

Bendix

Oil

.100
1

(Un)_

13 74

Apr

Apr

1674 Mar

Jan

4338 May

.

4874

10%

Apr

Apr

85

12%

373

12

May

14

335

35

Mar

43 %

Apr

18%

505

13%

Jan

18%

Apr

37

36 %

a

9%

Feb

37

May

707

287e

Feb

998

156%

Jan

61%

518

59

Feb

65

Jan

37

Jan

34%

705

31% May

20%

100

18

37%

38%

35 74

20%

38 %

1.100

46%

1.603

44%

May

169% May

Mar

2014 May

30%

Jan

38% May
46% May

34

Jan

13

330

12

Jan

108%

145

95%

Jan

106% May

a35 a35%

120

277a

Jan

35% May

12%

12%

al07%

a

5

574

1,315

9 %

9 74

215

23%

22%

23 "4

375

3%

3 %

3%

3,510

I

•

14%

Apr

4% Mar

574

Apr

8% May

9%

Feb

19

2.85

Jan
Jan

23% May
3.50 Feb

Ja*

16

Feb

May

13

Jan

5

370
40

18c

1

1

870

12>/4
34%
18c

400

18c

9%

10

650

8

a20% a2174

300

1474

Jan

19% May

a76% a78%

108

67

Feb

74% May

12%

12%

_

;

13%

12

34%

—10

■

_20c

Instruments

15%

1074

61%

3

Co

Aviation

43% Mar

11% May

169 % 169 >4

j

common

4%%

286

48

48

10%

1774

—23

13

(Un)

37

a41a4374

—10

Co

124

12%

a42%

1

(Un)

822

i.

a

12%

—10

Oil Co

Barker Bros

33%

82%

&

5

(Un). -.50

Baldwin-Lima-Hamilton

730

1674
43%

12'/a

*

(Un)

12%

1574
'

*

-

& Santa Fe (Un) —50

Refining (Un)
Avco Manufacturing Corp

157a Mar

58%

27%

Topeka

78 74 Mar

57% May

—25

Atlantic

17

78% Mar
47% Mar

43%

_100

Armco

28%

60

675

—10

_

_

(Un)

Copper Mining Co

237a

a90

57%

(Un)_*

(Un)__

Jan

a88%

57%

a88%

--

_

18%

5%

12%

(Un)

_

Woolen Co

4

4% Mar

•

Smelting & Refining

American

14%

59'/a

Feb
May

3% May

15%

(Un)

Jan

123

120

7274c

70

class B_

Apr

71%
13

22%

16%

SS

_

123% May
41% Apr

12%

77

43

_

Chem

&

1

150

12%

Jan

43%

25

Potash

Jan

21% Mar

Jan

43c

a4

IIIi

Thea

86%

♦

(Indiana)

For footnotes

American

20%

4%

(Un)_l

(Un)

Para

(Un)

American Motors Corp.

•

Brands

Co

38'/a

—15

r

Can

2,600

a4

*

93

—•

Sinclair

Airlines Inc

Broadcasting

60

70c

4%

*-

(Un)

(Un)

550

19

*

—

Dye

a

32%

•

Amer

&

Mfg

40%

39

V

Corp

Chemical

Jan

Allis-Chalmers

High

Low

a20

€5c

70c

Range since-Jan 1

High

a20

1

Jan

106% May
33% May

Shares

1

78%

15%

50

Allied

(Un)

Pictures.

27%

18%

»

Pennsylvania RR

Artists

85

32

•

Corp

Allied

69%

12%

•
.

36%

64 y4 Mar

American
117

•

Edison

Alleghany

Jan
Feb

122

41%

—————5

Central

Feb

33%

for Week

Low

,

10c

'

-

265

*

Cash

National Distillers

Aeco

14%

•,
—

Jan

Sales

Range

1

__

33%

•

Tel

Corp
Corp

25%

56

Week's
of Prices

Last

Sale Trice

14%

39

39%

—_6

.——i.

—

Harvester

Inc

Southern

8%

1

_

28%

39%

Corp

International

Republic

230

5

_

_

33%
14 %

5

General Electric

23% Mar

155

62%

126%

pept Stores

50

36%

9%

——

.

—

24%

62%

—5
5

————_

Auto-Lite

York

9%

5% Mar

34%

1
7

Dayton Power & Light

National

9 %

5

Manufacturing

Jan

117b

62%

5

Elec

Curtiss-Wright

Tel

2,108

.1

Motors

38% May
46% May
14% Apr

34%
104

*

Columbia

Loew's

643

43%

Apr

240

71

66%

—-—15

Pacific

Chesapeake & Ohio

Pont

25%

1

—

Admiral

S

Feb

62%

25%

-.1

_

Industries

169 % May

250

5%

8

48%

Feb

38 %

—3

———

Bethlehem Steel

&

56%

62%
43%

44% May

58%

44%

12%

Jan
Mar

135

63 74

38

1

Oil

44

Jan

10

Steel

3874

155%

50

Mining

Anaconda

61%

44%

47%

168%

61%

—

Canadian

505

Apr
20% May

'

—

1
__

Jan

2%

Brewing

Trailer

Feb

15%

Feb

50

47% May
27 % Jan

■

190

43%

10

Cyanamid

American Telephone

Ashland

%

__

11%

Stocks—

Stores

American

4

20

37%

—

Mfg

69%

3

20%
37

•

Kroger

108

300

37

*

:

Gibson Art

Procter

4%

20%

common

Eagle Picher
Formica

115

50
25

Q & T P common

Cincinnati

_

_

400

1,102

28 %

Jan

Apr

J/2

-r

43

20

Manufacturing
Houdaille-Hershey common

Range since Jan 1
Low

22

—

—

13%

13%

20%

28%

J_

Hoskins

High

22%

*

Erewing

Burger
Carey

Low

20

American Laundry

28 % May

120

13%

17

22% May
27% Apr

20%

20%

...1

Corp

Lakes

12% May
24

4% Mar

Jan

1

_

——

_

Edison

Great

for Week

11% May

115

15%

Sales

Range

200

22%

3% Mar

1

..

.

Gray Iron

General

-

STOCKS

..

Detroit-Michigan Stove

Gemmer

12%

•

Detroit

Wood

12%

22%

10

—

Motors

Steel

200

25

_

Detroit

Detroit

16%

5

Power

Continental

16%

'

b

Paper

High

273

»

Corp

Consumers

Gar

r

-

Bearing

Apr

Exchange

_

...

Corp

Consolidated

Low

3 %

1

—

Company

Burroughs

Range since Jan 1

High

3%

—-

•?.

Aluminum & Brass—

Fruehauf

Cincinnati Stock

.

_

Shares

5

Products

Rubber

for Week

Low

1

;

Metal

SaJes

Range

Par

Allen

Mai-

24 %

Week's

of Prices

Last

Sale Price

Baldwin

28

24%

2-5525

Exchange

Friday

j

STOCKS

Apr

12%

67%

Detroit Stock

15% Mar

16%

,1

WOodward

Jan

Jan

22% Mar

2,100

DETROIT

Telephone:

23
May
119% May
47% May

18
110

86

Exchange

Building

37% May

25

487

Exchange

Stock

84% May

Jan

79

50

Inc

12

440

47

25

______

64%

47%

24 %

Ford

Stock

Midwest

Exchange

Apr
41% May

29%

1.425

Stock

60% May

Jan

119%

15%

53%

American

Exchange

124

45%

74

44%

—

common..

Jan

Stock

York

Jan

Frankenmuth

Socony

73

Apr

38% May

150

22

Mar

30
24

25%

—

& Mining Co—

System

Detroit

170

12

1

25%

Westinghoupe Electric Corp— .12.50

Radio

49% May

Jan

Watling, Lerchen & Co.

Jan

10%

*

U S Smelt Refg

Ohio

34%

Jan

50%

1% Mar
10%

6%

*

Electric Security Co

U S Rubber Co

Ohio

Jan

39%

90

9% May
105% May
32% May

24%

—

„

•

Fruit Co——

Waldorf

New

27 %

315

67%

10

Feb

26%

16%

—2.50

United Shoe Machinery

Intl

60

49%

67%

BONDS

New

16%

__

Inc

84%

37%

1

*

Drug

New

33%

47%

67%

W)__

Feb

339

24%

—

50

Torrington Co

Fed

33%

48%

Feb

122% 123%

__

Union Twist Drill

du

33%

•

46

59%'

14%

.

123%

100

RR

Stone & Webster Inc

Elec

Jan
Mar

10

Co

55

14

....

20

Corporation

Suburban

Col

13

12 %>

Rubber

S

U S Steel

Westinghouse

Jan

45%

•

__

1

—

Avco

42% May

17%

Mar

835

119

__

5

Mills

Armco

89% May

12%

35

2,314

22

100

Corp

Pennsylvania RR
Reece Folding Machine

Allied

High

Jan

32 % Mar

17%

44

40%

12

--

100

——.

Chemical

England Tel & Tel—

Hobart

71%

20

12%

125

37%

—

...10

New

Dow

132

5

160

120%

83 %

25

—jl

Corp.

England Electric System

N

41

63 % May

58%

—

Theatre

Cement

New

C

17%

Low

89%

41

Edison

8% May
63% May

39

—

Narragamsett Racing Association..

•

88%

Toledo

Studebaker

7% May

Feb

9%

117

—

Maine Central RR common

United

Jan

7%

49 %

.

23

*

Copper

Mathieson

Rexall

79

89% Mar

U

23

__

*

39%

Boston

Star

Pacific

10

109

Jan

23

__

100

common-

Stores.

(The)

Kennecott

Y

9%

26%

89%

10
1

Range Since Jan. 1

High

Members
.100

issued

When

N

89%

300

40

100

—

,

Electric

General

5%

31 %

(Ohio)

Ry-

adjustment

preferred

Loew's

38% May
Apr

May

63%

__

Massachusetts

Eastern

Lone

22 % May

52%

5

9%

—

preferred

First

May

Jan

49

138

46

(ne\yj

1st preferred series A.

5%

170

Jan

1%

Preferred

Eastern

6%

Jan

127%

1,151

7%

High
18%

(N

Oil

Shares

Gas & Fuel Associates—

Eastern

6%

Jan
Jan

32%

--

__.io

__

15%
29%

9%

5

_

61

Low

15

Oil

Standard

122% May

89%

100

Co

25

31%

10

Co

Boston

53i

7%

__

._

255

36%

11% Apr
155% Jan'

104% 105%

—

Co_.

22%

60

1

*

Trust

Prop

60%

—100

i

w

Hecla

&

Service

East

25

new

Providence

&

Calumet

Copper

20

36%

—_

&

Personal

3,241

122% 123'%

—

_

Maine

Boston
Boston

Cities

21%

Copper

207

167% 169%

168 %

Albany RR

Boston &

Low

12%

J)

Standard

Range since Jan 1

for Week

Range
of Prices

Par

High

12%

Woolen

American

Anaconda

Shares

Low

5

Tel

&

Sales
foi Week

Sales

Week's

Last

Sale Price

Range

Par

Corp—

28

STOCKS

Week's

Last

Sale Price

Motors

MAY

ENDED

Exchange

Friday

American

WEEK

Friday

Boston Stock
STOCKS

FOR

io
a21%

11%
12

34% May
May
Jan

37%

Feb

25c

"Apr

12%

Jan

Volume 179

Number 5329

The Commercial and Financial Chronicle

...

(2399)

OUT-OF-TOWN MARKETS
RANGE

Friday
STOCKS

Week's

Last

Range

Sale Price
Par

Benguet

Consol Mining

Bethlehem

Steel

(Un)

Corp

lUn)

Black
Whip

Mammoth

Diamond

Bond

Mining

Stores

Inc

(Un)_>

;___i

Company (Un)
Corp (Un)
Broadway-Hale Stores _•
Budget Finance Plah Com—
7%),

convertible

California

Mills

Corp

4%

6,579

11%

Jan

186

40% May
3% Jan
13%

May
5% May

Jan

13%

Corp

Jan

60

Jan

79%

10%* 10%

3,290

9%

Jan

8 V»

8 %

175

7

8%

8%

262

8%

10

205

13 al3%

10

(Un)__

_

*

•v

National

Feb

National

8 %

Jan

Apr

9

City

May

Lines

¥ork

New

Nordon

Ceuuai

Aircraft

16%

Jan

21% May

North

Amer

American

152

22%

Jan

24 ;.

59 % Mar

62

49

Feb

51%

Apr

Apr

21%

Jan

Ohio

Apr
Jan

17

1

9%'
9%
a25% a28%

251

a34% a36 %

138

1

26%

26%

100

60

37% a38%

a

Foods

Inc

fuel

(Un)

5%

a48%

Solvents

75

1,132
77

8% Mar

Engineering

34

Apr^

19%

Jan

(Del)

Co

Clay

Pacific

Finance
Gas

6%

preferred

4.80%

64% Mar

Jan

100% May
6'/a Jan

37

5% May

Packard

Pan

Motor

Car

American

Jan

16%

130

16% May

18

39% a40%

a

150

37%

Jan

a44

75

41

Jan

40% May
43% Apr

a44

17:%

17%

420

a

(Chas)

Phelps
Philco

Corp

1

Feb
Feb

17% May
13
Mar

Phillips Petroleum

12%

Feb

62%

Pure

Oil

RKO

Theatres

150

8%

Jan

9%

a30

a

315

65%

78

65

65%

785

5%

6Va

1,931

40% a41 %

1

a40 %

a

Apr

Pullman

(Allen B) class A
(E I) de Nemoura

Co

auPont

Air

Lines

Inc

(Un)

71% May
% Apr

Eastman Kodak Co

10

Apr

Aviation

Republic

Pictures

(Un)i>i^»

Jan

133%

Apr

59% May
5% May

65% May
■7% Mar

Republic

Steel,

Reserve

Oil

Rexall

&

Fitzsimmons

Reynolds

10%

460

9%

Jan

11%

Apr

Rheem

242

Jan

123%

Apr

Rice

Florida

Power

Flying

Corp

22%

Jan

25

Feb

Rockwell

May

a60%

a63

757

47%

Jan

54% Mar

35%

Jan

40 %

&

Light
Line—

10%

Jan

910

10%

320

a9%

a9%

%

al7% al7%
1.05

1.05

Tiger

1

a

1

1.10

14% al4%
18%

30
10

7,500
71

1

19

418

a46% a46%

#

(Un;

74

6'/a

—

10%

Jan

II

16%

Apr

18%

75c

Jan

Mar

Drug

Inc

(R J)

a

?.

(Un)

Ranch

Oil

<>

6%

General

Corp

Louis

St

1st

San

Petroleums

Industries
Finance

41% Mar

Seaboard

Oil

41% Mar

765

5%

40

Telephone Corp
Products

Glidden

Co

Jan

6%

Jan

Goodyear

Tire

Great Lakes

&

Oil

&

Gulf

Mobile
Oil

(Un)

A_

57%

Feb

Jan

72% May

9Va

Apr

10

16'%
31

Foods

Corp

Inc.

156

34

Apr

Central

RR (Un»_

.

Intercoast
Interlake

Petroleum
Iron

Corp

International

a

1,720

28

28%

599

30% a30%
58 3a

58%

23%

Nickel

18Va

40

300

24%

&

Oil

Tel

*

—

33'%C

Aluminum

Kaiser

5%

(Un)

Motors

Kern

Land

County

—

•

Co

2.50

Lane-Wells Co

12

23%

May
Jan

Lincoln
Lion

Petroleum

Oil

(Un)

Feb

14

Mar

28% May
29% Mar

700

90c

May

45

66

Mar

18 Va

1,178

a2%

12

13%
3

Jan

Jan

Apr

35

40

95
3c

May

10c

24%

Feb

26% May
20% May.
1.15

73

Jap

Co

Martin

(Glenn

Mascot

Oil

Menasco

Mfg

Merchants
&

Mississippi

Inc

4.32%
4.48%

footnotes

22% May

aG%

a6%

29

39'/a

39 %

31

31

20

a44%

39%

Apr

Jan

33

Apr

70c

108
:•

Jab

Jan

26%

600

59%

7%

37

49

Jan

59% May

242

19% Mar

21% May

15

Jan

20

38%

Jan

45% May

May

Sperry

Corporation

Standard

Brands

Standard

Oil

Jan

80c

Standard

Oil

Standard

Oil Co

Standard

Oil

Stanley

(Indiana)

16

(N

<fc

J)

(Ohio)

Warner

___

9% May
a__

44

44
a

17%
43%

531

al7% al7%

42%

35

43%

2,648

35'%

17'/a May

20% Mar

38'/a

43% May

Jan

26%

27

329

25%

Jan

36%

36%

569

32%

Jan

36% May

a27% a27%

—

175

26%

Jan

28%

32%

33%

25

13%

5

16%

33%

342

13%

13%

1,758

27

May

Apr

Jan

34% Mar

Jan

8

14% Mar

8% Mar

20%

Jan

Webster

Sylvania

Jan

20%

Apr

Feb

44'%

Feb

32

Jan

36% Mar

Prod

Texas

Company

Texas

Gulf SulDhur

,__7.50

1,461

36%

a73%

a72J/2a73%

99

58%

Jan

72% May

•

a94%

a94'/2 a96J/2

185

89%

Jan

89%

50c

8s/'s

8%

222

7%

Apr

(Un)10

20%

20%

490

_5

15%

15'%

200

2

32

32

1,179

Assoc

Jan

Tree

World

Sweet

Oil

Airlines

Corp

—■&

Products

Corp

%

——

Co—£_—
com

_1

(Un)__

May

7%

1

~

Warrants
Coal

Co

Co

Calif

of

RR

Film—1:
(Un)__;

*

S

Lines

Co

83%
48%

al22%

5%

Apr

7% May

79

15'%

Jan

15

4%

Jan

20'% May
6'% May

100

1,050

20i%

49

16

Jan

16

18%

Apr

22'% Mar

72'%

Jan

2,478

38%

Jan

106

112'%

Jan

100

a82'/4 a82%
50%

al20 al23%

-

74'%

Jan

Apr

50% May
Jan

118

237

21'% May

24%

137

48'%

Jan

60 Va May

5%

525

5% Mar
Jan

5% May
30% May

22'/a

5%

1

(Un)__—10
(Un)__

Apr
Apr

1,965

22'/a

5

(Un)

16%

32%

13%

a59% a61%

-10

(Un)

Corp

Rubber

a

23

50

common

(Un)
(Un)

Apr

Jan

25% Feb

7%

20 Va

1

Jan

9'% Mar
23'/a

a6%

7

al7.al7'/4

1

Century-Fox

20% May

a20% a20%

a6%

27 ;

100

a3I% a32J/8
a337/a a34'/4
48%

•

1

135

49%

3,969

a22% a22%

5

75

48'/a

28

Apr

Jan

33%

39%

Apr

19

Jan

49% May
22% May

30

Apr

Jan

70c

Feb

95c

161

35%

Feb

33%

34%

1,670

26%

Jan

40% May
36% Mar

15%

195

a24% a247/8

77

Apr

15% May

Jan

Vanadium

Kentucky Coal Co (Un)

Western
Western

Air

Mar

Apr

47% May

3%

—:

Telegraph
Elec

Woolworth

(F

W)

67%

_12%

16c

10c

*

(Un)

29% May
17
Jan

Feb

14'% May

Apr

~

45

8%

Jan

9%

Apr

a8'/4

a9%

38

10

Williston Basin Oil Exploration
Wilson & Company Inc (Un)_

54'%

27%

10

a93'«

.1

(Un)

(Un)

46% Mar

300

a59 a59%

29%

*
—4

38%

375

36% May

41% Mar

67%

67'%

357

50%

73'%

19c

17,400

16c

a8%
a41%

10

8%

95

a43

a

148

16c

Jan

May

8'% Mar
40'%

Apr

31c

9

45%

Apr
Apr
Jan

Jan

Apr
Apr

Lines_

Union

150

29%

al4'% al4'%

•'

Corp of America (Un)
Washington Water Power (Un)„^_

West

Westinghouse

Jan

2.20

May

21 '/j

Jan

1.15 Mar

1.35

Apr

Feb

36

22% Jan

———25

Gas

38%

„

14% May

27% May

(Un)

(Un)

United States Steel Corp
Universal Pictures
Co
(Un)

1.35

20

a45%

16% May

common—

Inc

U

21

18

1
1

(Un)

United

4,400

88%

16%

May

2.05

387

a40% a40%

43 Va

48% May

2.00

88%

a40%

185

84

Jan

81% May

1.280

Jan

2%

81'/4 May

1,933

Jan

125

109

18

40

3%

a80% a82%

20

66%

3%

a82%

19%

105

1.35

Apr

64% May

16%

673

25

34

Jan

25

1

43

Jan

Jan

52%

a45 J/2 a46%

(Un)_

84%

25%

May

28'/a

1.279

15

common

Corp (Del)

9%

59

280

64%

25

(Un).

Electric

Jan

33%

64%

May

Studebaker Corporation
Oil Corporation
Co

43'%

33%

515

Sunray

Swift &

72

*

——:

257/a

Air

17%

Mar

25%

Aircraft

Apr

a61 J/4 a61%

16% Mar

•

United

Jan

52% May

(Un)_

Inc

United

24%

46

Jan

May

United

13%

Jan

Jan

40%

42

Apr

Apr

15%
38 Va

44

89

Apr

8%

928
906

Jan

Jan

Jan

16%
44%

Feb

2%

20

I6J/2
42 %

a54 % a54%

16% May
22% Jan

51%

562

a—

35'%

Apr
Apr

43%

20

65% May
9'% Jan

78'%

2%

43%

Jan

30

51%

50

6

66

50

136

375

al7

60

a23% a23%

9

10

35

a20% a20%

a__

8%

a48% a48%

Apr
Feb

May

*

Jan

497

27

Jan

1

26%

23%

a__

21'%

Jan
Mar

•

59

22%

140

1%

Apr
'/a

al7

Carbide & Carbon

77%c 82 %c

1& Feb
19
24

5

Pacific

200

100
137

(Un)

Oil

9%

27'% May
15% Apr

14% May

8

_2

(Un)

Corp

Union

9%

27'% May

22'% Mar
.-

1,139

27

al28al30%

25

(Un)__
(Un)

Union

220

26%

a64 % a64 %

_1

(Un)

May

1,214

25%

a2

a2

al8% al9%

May

24% Mar

211

1,452

.58

Calif-

25

25

25

26 %

15%

.

15 J/4

101

(Un)

Inc

of

Co

Twentieth

a

460

27i%

2 6'A

•

Truax-Traer

Jan

48

100

525

—

May
Apr

Jan

14 %

81%

1,055

8%

(Un)—

May

57%

592

1,900

a2

20

8%

(Un)

19

a

19%

a44% a44%
27%

15%

13

Southern Calif Gas 6% class A
Southern Calir Petroleum

10%

285

19

9%

a2

2.00

a

Jan

298

70c 72 %c

57%

6'/a

299

•

a20% a21%

25

69

69

9%

1.15 Mar




15 Va May

25

Tri-Continental

38% Mar

47

5,819

39%

com__25

———

32% May
38% Feb

100

nnw

22%

*

preferred

Jan

627

see

20%

27

(Un)

Ltd

preferred
preferred

4.88%

Feb

350

10

59% May

22%

Apr

Co

28%

1.20

River Fuel

Jan

al9%

__—

37%

40%

1

48%

•

Inc

Co

Edison

10

40%

*

2,255

45%

Calif

757

40%

i_16%c

59%

Jan

Southern

32%

46%

*

33% May
4% May

58 Va

20c

a413a a41%

1.20

(Un)_-

Apr

59%

Apr

Transamerica

45%

Light

Jan

3%

May

Trans

1

&

22%

168

44 Va

Mar

5

(Un)_.

Jan

705

4%

Jan

May

1

Power

14%

33%

4%

34'/4

11c

——_1

Co

25

30%

773

95c

;_1—
__

Apr
11 Va May
1834 May

44%

Jan

Co (Un)

Petroleum

Co

Minnesota

•or

L)

Co_

6% May
28 %

al9 %• al9 V\

a

(Un)

a53% a53%

a24%

Feb

43%

Tidewater

34 %

10

Jan

43%

May

1

(Un)

Chemical

Mathieson

95

15%

(P)

Feb

8%

1

a34% a34%

82 %c

4%
22%

564

May

18% May
3% Feb

*

*

(Un)-—

Co

617
727

11V4

•

Corp
Socony-Vacuum Oil
Solar Aircraft Co

92%c May
14% May

24%

Inc

Lorillard

Merck

2%

57% May

58% May

Jan

1.05

69

48

Apr

*

27% Mar

18%

7

Lockheed Aircraft Corp

Loew's

36% May

46%

Jan

504

9'%

a81%

6%

27%

11

__

___1.40

Oil

Apr

Jan

May

15 Va al5 Va

•

1

Libby, McNeill & Libby

64 % May

Sinclair

61%

55%

19%

6,000

—_1

.

(Un)

47%

Apr

Jan

20

32

50

Corp

Kennecott Copper

Feb

57%

28%

60c

25

92 >%c 92 %c

com—1

preferred

Kaiser

Jan

44%

258

Jan

May

607

6c

-10

Chemical

&

56 Va

285

20'%

42c

1

Jones & Laughlin Steel

110

_1

Union

(Un)

Feb

3,4?0

Comnany

250

6c

*

(Un)

34 Va

16% Mar

36%

28%

Railway

3,005

a93% a93%

7'%

Co

39% May

64 V4

64%'

a57%

_

Pacific

26%

18

;

Jan

26%

Southern

20%

a2%

—

c

May

31%

28%-

Southern

a75 a76%

a

iUn)_

Paper Co

Jan

33

102

5

Southern

1.00

10c

_

14

335

a663a a67%
a50'% a52 Va

15

Apr

26%

(Un)

295
1

May
66 % May

*

Co

Feb

20%

26%

100

15%
33%

,__1

2.45

1% May

25c

Harvester

International

International

Tel

_

—

32% May
May
18 Va Feb

82

Feb

*

(Un)

Oil

Textron

Illinois

Jan

28%

—•

10

:

(Un)

(Del)

34%

Apr

48% Mar

13

11/64 May

Co

Jan

2.15

136

58%

1

4

11% May

97

5

Co

32%

3,900

__

6%
.

_

Imperial Development

Intex

564

9/64 May

2

0

Hunt

45 c

Jan

Inc

Shell

31% May

90

1

Corp__

■37% Mar

Signal Oil & Gas class A

16% May

28%

2,315

_5

Honolulu

Int'l

15% May

243

12 Va

25

__

_

Mar

a32% a333a

1

Servomechanisms Inc

Jan

200

2,248

_1

Holly Development

Hupp

41

59%

1%

.

Corp.

Oil

123 % May

70

a55% a56%

5 6'%

Mar

a21'/a

Sears Roebuck & Company
Servel

Stone

_

Hotels

Jan

253

2.30

1%
a

25

class

Co

87%

38 '/'a May

898

a63 a64 %

*

(Un)

May
May

50 %

66%

36%

a63%

1

(Un)_

33

71%

2.15

3

Preferred

Hilton

»

Jan

May

a 9'%

42c

1

__

(Un).

(Un)

Ohio

&

Corp
Oil

pfd

*

May

9'%

35%

a33%

50c

com.

Chera

Aircraft

Gulf

common

Rubber

RR

Greyhound Corp

Hancock

*

23 %

J/4 May
66% May

a33% a34%

2.25

1

.

Jan

31

-V

(Un)._20

com
—

of Calif

Northern

Grumman

new

Co

*

I6V2

tt

(Un)

Humor Co

Great

295

1,650

'6,452

Gladden

20

47

a

5

Good

80

24%

Rights
Gen

Jan

16

•

Francisco Ry

Scher.ley

70%

71%

—

27%- Jan

Va

5

«

Paper Co (Un)—
Diego Gas & Electric
c

Seaboard

418

391/4

-

<1

_.

137

32

Jan

76

1

Regis

San

15% Mar

354

66

_5

Corp common.
preferred

Co

Safeway Stores Incorporated
St

20% May

33

—

comm

Paint

10

43

1

Feb

49%

•

(Un)

Corp

Motors

General

23% a23%

117% 117%

——

-

May
3% May

375

6%

10

Co

Jan

49%

——

5

General Foods

class B

Corp
& Axle (Un)
Aeronautical Co
;

14

32%

3

32

1,865

Apr
Apr

12

33%

__2%

Tob

13%

-

-

52

3%

11%

27 %

—1

Manufacturing

Ryan

Feb

1.50 Mar

"

1

8% Jan

May

9% May

40%

A.

350

280

__

1

Spring

10 !a

(Uni__
class

10%

a51

a

50c

Oil

30

•

Stores

28 %

36%

15%

•

Sapphire

Fedders-Quigan

36% Mar

Jan
Feb

a38% a39%

50c

Gas

25% May

40 Va

1

Jan

26%

33'/a

33 %

-

■'

5

(Un)

40

10%

1

34%

50

■

•

(Un)

Jan

Jan

a9

(Un).

28

a82 % a83 Va

1

10%

108

Apr
Mar

2,346

,»16 Vi al65/a

—

28%

84%

9%
32

43 Va May

Jan

33'a

•

Jan

Jan

5

Railroad

16%

Apr

28% Jan

35%

32'%
;

a

•

(Un)

26% Mar

20%

4

Erie

a35

Jan

Apr
Mar

39%

11%

•

3

8

25

1,785

a33 '/a a33 Va

•

_

(Un)

al25al26%

a60%

100

a30

43'/a

a35

—

-12.50

Corp of America (Un)
Raytheon Mfg" Co (Un)
Remington Rand Inc (Un)

34

al25

1

64

Feb

35%

3%

.33 VaC

Radio

149

10

41%

62%

9%'

•

—

9%

38%- Jan

90

a27% a275/a

1

May

42

a23% a23%

8

(Un)

May

3%

30

a30

__

3%

9% Mar

339

10

9%

50

(Un)

a27

a26%

10c

_

Jan

May

Apr

42%'

42%

•

(Un)

Incorporated

Richfield

DuMont

10

1

8 Va

200

30%

125a 128%

a

50c

a66% a67 %

—

3

13%

9%

9%
a30 %

•

—

a43% a43%

■

4

Republic

Industries—.

28

(Un)

57%

8

Dresser

17

4,380

(Un)

(Un)

Corp

52

Apr

5

1,347

3%

(Un)

Co

Dodge

97

Jan

:*

28

3%

.33 Vac

Pfizer

13%'

9%

71%

Jan

Pictures

a66

13%

Feb

.

26 '/a

3%

"

6%

1;

27%

(Un)

World

12%

35%

]

23% May
60% Feb

common

550

57%

Calif

32

Jan

54% Jan

1

Oil

14%

30

of

Jan

20%

35%

Paramount

340

Co

20%

148

25

Penney (J C) Co (Un)_
Pennsylvania Railroad (Un)

38%

100

Oil

Mar

*.

100

25

Apr

75

8 %

Chemical

Feb
Jan

6

2.60 Apr

2,765

,

_

80

a44

wi \

May

28c

32

Petroleums

71%

common

3

26

a59

common

Western

7%

—

May

23%

25

common

_

Lighting

Pacific

a44

Eastern

-

preferred

Pacific
___

Pacific

71%

Douglas Aircraft

2,950

1

Jan

15c

a58

—— ———

Elec

&

May

5

10

Feb

1% Jan
19'/a

31 Va

--

Feb

5

(Un)

4

6%

31% May
7'A Mar

23%

*

Products

Pacific

26% May

May

:l

Co

7,200

29% May

Jan

a58

(Un)

563/#

37

(Un)

(Un)

Oil

Pacific

36% May
a—

Publishing Co (Unt__
Curtiss-Wright Corp com (Un)

Zellerbach

415

3%

.1

12

Apr

1

Curtis

4

Jan

Jan

•

100

(Un)

18% May
14% May

a65%

Continental Oil Co

1

20 Va

17

25%

700

19c

Feb

21

460

3

Feb

17%

Apr
May

1

25%

a

(Uni___

'

23 Va

19c

■■■

■

6%

2%
23%

2%

Apr

2.10

:.l

47 %

_20

Motors

6%
-

•

Co

Jan

IV3

Continental

Oil

Apr
15% Mar

_•
50c

:

(Un)

—

Oceanic

25

Continental

Co

6%

50c

10

878

Consolidated Foods Corp
Can

May

a__

a—

791
110

May

9%

a__

'

Consolidated

18

335

,

May

Jan

16

297

.

16%

16%
(Un)

60

235

(Un).

14%

25

Y

N

16% i al65,8

a

I8V4

(Un)

18%

a27 a27%

•

(Un)

of

64 Va

37

31Va

(Un)

16%

(Un)

Edison

Consolidated Edison

5%

48% a487/a

a

1

(Un)

62 %

105a 106%

a

•

System

uonimonwealtn

•

(Uni

iron

<u

Gas

62%

1

Molvbdenum

300

all % all %

lo

MultiDller

Jan
Jan

1.85

Feb

85c

12%

25

;

-

16%
50c

100

56%
32

500

Jan

1,538
130

all%

445
233

29%

(Un)

High
22% Mar
a

Va

2.00

%

——-

Co

Ohio Edison Co

600

:*

64

2.00

31%

Aircraft

25%

65c

(Un)

Northrop

Jan

Jan

a

1

63 Va

Jan

a36% ia37,/a

29%

Chemical—

RR

Pacific RR

22%

al7

16 %

a__

2.00

—1

Aviation Inc

50

60c
a

20

75

1

-u

148

16%

i

(Un)

2% Mar

Northern

Co

a53% a53%

a53%

1

;

Apr

Jan

Oil

847

17%' 18 %

com

1%

285

63%

1

24%

25

Service

800

24%

Low

22

-3

Corp

a55% a58%

a55%

10

Corp

Commercial

790

;l

Chicago Milw & St Paul
Preferred (Un)

Columbia

21%

2

Range since Jan 1

•

High

22

-ii—i— —10

(Un)

Idria Mining &

New

Norrls

Apr

(Un)

National Theatres

12% May

2

Low

1

Gypsum (Un)
Supply (Un)'

Jan

21

Shares

■

1

_

National Distillers

Mar

10% May

Mar

National

a26% a27%

10

Vought Aircraft
1_,
Chesapeake # Ohio Ry Co (Un)
Chicago Corp (Un)

Dow

_

10%

25

1

(Un).

Chance

Douglas

(Un)_

Co

f-or Week

a35% ;a35%

3

Inc

Diablo

75

10c

Eureka* Corp___.
Certain-teed Products

New

Montgomery Ward & Co Inc (Un)

10%

j

w.

■

■;V '■■■

_*

(Un)—

Motorola
Mt

Jan

21%

5

Co

5
•

8%

a

10

Central

Deere &

Apr

59%

75%

8%

Utilities (Un%—

Power

Sales

Range

41

10

1

oaierpillar tractor (un)
Oelanese Corn (Un)__

Crown

Feb

Apr
9% May

45

9

Montana

14c

Jan

a87

50c

(Un)___

Bahamas Pacific Ry Co

Clinton

520

al4

Apr

4c

8%

22,000

40%

10%

—10

Packing Co
Homestead Oils

Canadian

C/oiuiaoo

10%

Montana-Dakota

Apr

66%

a85%

__

10

Byron Jackson Co

Climax

Jan

Par

Jan

I

a61% a61%

5

preferred—

50%

High

Feb

Week's
of Prices

Last

Sale Price

North

Burlington

Clary

•*

12

1,210

al3%

15

preferred

60c

Cities

235

2

12c

9%

40%

40%

;i

Borg-Warner

Chrysler

10!

11c

9%

5

Borden

Cessna

12c

401

4%

(Un)

com

28

Friday

650

a66% a70%

2

new

MAY

Range since Jan X
Low

lg

10%

10c

Corn

Airplane

Carrier

a69 Va

2

ENDED

STOCKS

Shares

High

J3.

•

Bishop Oil Co

Boeing

Low

WEEK

for Week

1

of Prices

50c

FOR

Sales

43% May

York Corp
(Un)
Youngstown Sheet & Tube (Un)
Zenda Gold Mining Co—

Zenith

Radio Corp

(Un)——

40

1

a25

a25

a25

*

-L_

45%

45'%

295

6c

6c

7c

15,825

a67a67'%

100

___luc
—

*

1

—

23% Mar

25% Mar

40

45 Va May

4c

65'A

Jan

Mar

Jan

8c

Jan

65%

Jan

39

ft

-

The Commercial and

Financial Chronicle...

(2400)

40

Monday, May 31, 1954

OUT-OF-TOWN MARKETS
RANGE

FOR

WEEK

MAY

ENDED

28
Week's

Friday

Midwest Stock

Exchange

Last

STOCKS

Par

compilation of iht round-lot transactions only

A

Friday

Brick

Illinois

Week's

Sales

Range

for Week

of Prices

Shares

*-ast

STOCKS

Low

Co

-5
10
•

Corp
.
Aluminum Castings—

5

Laboratories

Abbott

Steel

Acme

(J

Adams

Admiral

Co

Mfg

D)

Laboratories

Allied

Aliis Chalmers

Mfg

American Airlines
American

Co

Can

American

(Un)

Cyanamid Co
Motors Corp

Rad & Stand

American

Tel

American
Anaconda

class

Dev

Mining
(Un)

Copper

Steel Corp

Armco

Ashland

Oil

$1.50

(111)

Co

&

Armour

&

common

Refining common

preferred

2nd

conv

Atchison Topeka & Santa Fe
Atlantic

Refining

Co_;_

Automatic

Washer

Avco

1014

46
9%
12%
—

—

35%
3%

——.—2

Corp

Co

3714
4414'
9%
12%
24%
107%
35
3%
5

—

43%

Apr

20%

Jan

22%

Apr

15%

Apr

12 (4

13%

3,200

24%

2674

2,900

23

23(a

21% Mar

International Nickel Co (Un),

Feb

4%

International Shoe

Feb

10

International Tel & Tel

Jan

1,200
1.800
1,800

25%

Jan

30% Apr

45%

Jan

58(4 May

Iowa

13(4

Iowa Power &

1,800

36%

11% May

35%
3%

5%

48%

Apr

Feb

Feb

14

38(4 May

33%

Jan

Gas

3

—

Apr

11%

Jan

23

Jan

92%

Jan

28%

Jan

L—13

(Un)

9%

9%

9%

1,600

8%

10%

Kansas

if

City

Kansas

52
1%
23
78%
%

450
500
955
700

46%

Jan

10
—.—5
Benguet Consolidated Min'g Co (Un) _lp
Berghoff Brewing Corp
1
Bethlehem Steel Corp (Un)
•

69%

Booth

11%
—

21

12
21

35

85

51'4

52

50c

Bearings Inc.
Belden Manufacturing Co.
Bendix
Aviation
Corp

<%,-1

Fisheries

Corp
Borg (George W) Corp

Sons

&

__

—

10

.

5
J>

(E

*

Brad Foote Gear Works,....

—

Drug

Power & Light—.
& Light (Un)

Kelley Island Lime & Transport

Monarch Co——
Kropp Forge Co—

Feb

Laclede

Jan

Leath

Jan

107 74 May

36

Gas
&

$2.50

Carr

Pacific

(Un)_

Consolidated

Celanese
Cenco

Corp

Lindsay

5% Mar

Lion

Mfg

9% May

Louisville

Gas

52

Oil

Co

Central

South

&

Central

1% Mar

Apr

78

% May

1

Jan

Mathieson

4%

Jan

Medusa

3

Jan

Jan

convertible

Elec

Field

Marshall

L)

Cleveland
4%%

Commonwealth

$1.40

Chemical Corp

Ex

25%

stock

Continental

Portland

Crane

Company

Deere

&

Edison

100

19%

Feb

24%

Apr

Middle

100

75%

Jan

Apr

Miller

350

50

85

54% Feb

$1

South
Hart

&

Jan

Inc

Dodge
'XL

Dow
Du

Manufacturing
Chemical

Mont

13%

Apr

Minnesota

% May

Min

Portland

Class

Co

de

Muter

Company

25%

Jan

1%

Eastern" Air Lines

Paper

Electric

Apr

21%

Jan

1

3%

3%

100

3% May

3%

Jan

National

2%
25%

2%

200

2

Jan

2 % Mar

National

25%

400

23%

Jan

26% May

National Standard Co

41%

38 %

Jan

19%

__

National

41%

100

42% May

23(4

.2,100

Jan

23 % May

New

36%

40O

33% Mar

3674 Feb

North

26%

26%

800

19

Jan

63(4

50

60%

Jan

63 %

May

11(4

11%

400

10% Mar

12(4

Feb

Co

Tile

York

&

71%

66

Mar

11

May

71%

100

11(4

11

11%

1,150

Xl22
62(4

122

122
63%

20

118%

Jan

2,000

5^%

Jan

200

81%

Jan

105% May

—

62

__

20%

71(4 May
12

Mar

122%

Apr

Northern

19%

77

250

72%

Jan

79% Mar

14%

14%

20%

76

x76

14%

1,000

12%

Jan

14 %

40%

7,900

2,000

Jan

1774

20%

Apr

Apr

Nunn

(Un)

Oak

Corp

Drive

Power

Ohio

Edison

Ohio

Oil

37

Jan

40

100

37%

Jan

40%

500

38%

Jan

43% May

Paramount Pictures

41% Apr
Apr

Packard
Pan

Motor

American

300

56% May

59% May

Peabody

49% May

49% May

5%

9(4

9(4

Jan

Penn

32%

5%

—

4934

100
300

29%

Jan

5%

Apr

10

100
1,300

9% Mar
35% Apr
6(4 Jan

7% Jan

10% Mar

Perfect

25% Jan

33

5%

■

General
New

Electric

Pennsylvania
Pensi-Cola

x9%

30

30%

1,200

12%

200

774

Jan

30% May
12% May

Pfizer

12%
3134

3174

100

28%

Jan

31% May

Phillips

—

Finance

General

Motors

1274

100

10%

Jan

13 % May

Potter

1,000

33%

Jan

41

May

Pressed

100

9%

Jan

11%

Apr

Process

125(4

300

104%

Jan

127

May

23%

22% Jan

500

5

10

-2.50
1

Public

127(4

Jan

150

May

43%

200

34 %

Jan

44

(,Un)

General

Gibson

12%

220

11% Mar

150

9%

15%
6%

7

11(4

9%

200

9% May

16(4

(The)

5

Co

(Un)

GHdden

Co

Bros

;

Goodyear

Tire

&

Gossard

1

1

(Un)

Goldblatt

(W

H)

;

Co

Co

Service

Pullman

7

Feb

9 (4 May

12

Jan

6%

Jan

47(4

47%

47%

300

38%

Jan

2%

1,800

13%

115

2% Jan
1274 Mar

2%

2(4
13

__

class

_j:

J

•

•

.

Corp

(Un)

16(4 Jan

3

Co

of

Co

Hammond

Rlchman

Bros

2 Va

14

Jan

preferred

For footnotes see
page 47.




3% Mar
13% Jan

26

Feb

Jan

34

May

800

20

1774 Jan

18%

19%

500

23%

23%

1,200

59

19

59

100

20

Jan

54%

Jan

4% May

1974

Apr

2774 May
6374 Mar

Feb

19%

20%

2.550

16% Jan

20% May

12

43%

43

66%

43 3a

800

38.74 Jan

4374 May

66%

67

200

5474

Jan

28%

28%

100

27

Jan

6774 May
2974 Apr

3%

4

4

1.200

11%

11%

1,000

31%

11%

1

32%

600

4

3% May
974 Jan
27V8

Jan

374

Jan

10

Apr

12%

Jan

Jan

23%

Apr

1,300

15

Apr

18%

Feb

1,900

13%

Jan

800

500
50

16%

16%

16%

15%

15%

1574'

16%

16%

27a

Apr

400

16% Mar
16 % May

14(4 Jan

33

33%

300

3274 May

3774

38%

39%

400

31%

40

66

67%

800

5474 Jan

10

200

9%

8(4

8%

3

8

•

Jan

1174 May
32 % May

20%

3

11

3

.12.50

100

8

Jan

Feb

May
67% May
1074

Mar

Jan

774 May

9Va

Jan

55

8

Jan

8(2

Jan

Jan

3374

200

36

49%

4974

100

41%

Jan

64 %

64(4

200

43%

Feb

Apr
54% May
64% May

2974

2974

200

28(4 Jan

30% Mar

6 (4

6%

100

37

37%

■

1

37%

Jan

44

31%

33% May
4% May

37

400

46%

60

35'

35%

400

30

900

1,200

5

Jan

Jan

May
Apr

11/64 May

59%

36%

6%

May
Jan

May

8t Louis

National

Sears

Roebuck

Serrick
Shell

Corp class B

Oil

Co

35% May

Sinclair

11% Mar

12%

Jan

Society

Brand

53%

64

May

Socony

Vacuum

9% May

500

13 V4

Feb

2,100

18%

Jan

1% May

10% Mar
15
Apr
26% May

2%

Feb

South

Oil

23

2274

237a

950

2274 May

21

21%

200

19

55

55

Jan

13

11%
59(4

700

11%

Apr

15

400

46

Jan

60

May

4

4

4%

1,900

3% May

5

Feb

27%

28%

150

20

51% May

57

May

13 (4

1,400

12% Mar

14

Jan

26%

27

800

2074 Mar

27% May

24%

24%

100

2374 May

25%

Jan
Jan

Bend

Lathe

Southern

Co

Southern

Pacific

Spiegel

6474

64%

64%

600

57% Mar

65% May

113/8

11%

100

1474

Feb

48%

49

300

48% May

50

Apr

19%

20

450

1674

21% Apr

44

19%

44%

2,000

11

32%

May
Jan
Jan

44 % May

27

27%

400

24%

Jan

700

15%

Jan

17

400

36%

Jan

45% Mar

(Un)

27

5

Co

16%

16%

16%

•

(Un)

42%

42%

44%

17%

7%

2

Dredging

~_~_i

Corp

•

1.25

17%

Jan

22 Va May

22%

Jan

25% Apr
10

Jan

Sunbeam

19%

19%

500

19% May

20%

Apr

Sundstrand

Machine

24(4

250

21%

Jan

25

Apr

Sunray

Corp

May

101

Apr

Swift

—

—

5

64%

1

5
64

5

(4

64%

.

300
500

Jan

5% May

Jan

6474 May

53

82 Va

600

68(4 Jan

83% Apr

88%

89%

1.000

72%

Jan

89% May

4074

4074

700

32%

Jan

42

—

1

9

9

300

20

20

200

10%

10%

17%

18

1

~
(Un)

Mar

81%

—III
_III

8

10

_i

Tool

Apr
27% May

3% Mar

700

—j_5

Corp

6% Mar

7 (4 May

45(4

15

Standard Oil N J (Un)
Standard Oil Co (Ohiot
Standard Railway Equipment

Co

15% Mar

5

Standard Oil of Indiana

&

22 74

Jan

Jan

Stewart-Warner Corp
Stone Container Corp
Studebaker Corp (Un)

100

Apr

15

Jan

30(4 May

,

15%

600

5%

Jan

.

200

15%

35%

23

25

19%

15

1

Works.

24

.

1874
15

l

Inc

Oil

12%

500

600

..

May

1,200

2,200

100

22

1

Jan

58

.

Jan

Jan

7%

12%

.

Jan

12%

Standard Oil of California

100

2674

44 Va

Standard

Apr

7(4

40(4 May

7%

20% May

8

59% May
.

43%

30(4 May

800

Feb

15

Jan

9

Feb

6% May
35%

—1_1

Mar

8%

47%

500

3,200

Inc

16

8%

800

6%

•

Oil

25

—

59%

(Un)

Clothes

75

10

187'a May

39(4

Corp

500

_

11% May

Jan

6%

7.50

19%

14

Jan

14(4

38%

1.40

common

19(4

1174 May

8%

10O

•

30 (4

3,200

500

10

300

__

11%
18%

5

1%
30%

__

Apr

11

•

(new)

100
500

28%

58%

Signode Steel Strapping Co

200

9%

Jan

39

Co

&

11%

9%

6% Mar

674 May

4% Jan
2274

5974

12

Schenley Industries (Un)
Schwitzer-Cummins Co

64

Jan

Stockyards

Paper Co
Sangamo Electric Co

11%

a

300

1,000

10

B

Regis

63%

I_

674

2774

Jan

18%

5

Jan

5

67a
27%

—" *

2734

5

Rockwell Spring & Axle

28%

9/64 May

—

3

•

31%

124(4 Apr

58%

__

•

Co

100
2,200

59

2974

1

•

class

600

35%

5

58%

.....

Apr

19%

2.50

Tobacco

31 %

3a2 11/64

36

100

Jan

Jan

11%

2

600

4,900

34

23%

(Uni
J)

41 (4

9%

2,500

24%

5%

Drug

47% May

12

3

4%

23%

31%

50c

31(4

__

23%

Co

4%
22%

10%

Remington Rand (Un)
Republic Steel Corp (Un)

49

41%

23%

common

4%
23%

23%

Corp (Un)
Corp of America (Un)
Raytheon Manufacturing Co

72(4 May

_1

&

33% May

23%

—

Jan

Heileman

& Door

Jan

5

(Un)

72

22%

(Walter E>

28%

•

70

__

21%

Heln

600

_•

St

22%

HWtig 8ash

33%

1

St Louis Public Service "A"

10

Brewing Co
Werner Corp

32%

10

Indiana

Jan

Organ Co
Harnischfeger Corp
(Gi

Apr

1

(Un)

Corp

(R

11(4

1

Jan

4774

16

Quaker Oats Co

Reynolds

58

2

Apr

20(4

Feb

15% Mar

(Un)

Apr

1

Brewery.

Hallicrafters Co

Heller

7%

25

Western

Corp

19%

16% May

33%

1

Apr

14%

*

17% Mar

800

1

10%

26% •

•

800

19%

49

.

41%

1%

Oil

Jan

14% Jan

Co

Jan

25%

Griesedieck

67a

200

•

Jan

14%

Greyhound

5% Mar

18%

1

May

1%

Gulf

37% May

1374 Jan

(Un)__

38

14%

A

64 74 May

Jan

31

40(4

Co

88

25%

class

Jan

56% Jan

45%

—2.50

100

1

common—

350

—33(40

.

100

•

Towing

574

10

1.500

1

Cooperage

100

4374 May
46% May
30

100

A

10%

Dredge & Dock

Lakes

1,300

37(4

Jan
Apr

1,650

____

40%

120

Oil

Bros

64 %

33(4 Jan

18%

*

10%

,

Lakes

Greif

22

2,700

_

39

120

39%

Lakes

Great

34%

150

15

Theatres

Apr

200

Great

Chemical

850

19

.5

Company

Oil

RKO

Jan

Jan

1,950

Great

&

700

46

45 '/a

_*

11(4

5%

7(4

•

Gray Drug Stores

4374
25%

14%

Co

Car

Pictures

15%

11%

3

—

Rubber

May

5%

25

(The)

RKO

700

7%

__

com.__20

new

Co.|___

70

37%

preferred

Com

12% May

1,250

7

11(4

__

1

——

Telephone Corp
Refrigerator Co

55% Jan

May

12%

•

6

Utilities

Rights

Gillette

5

5

Package Corp.

Feb
Feb

63%

~5%

Feb

7

43%

43 %

63 %

3%
14%

Apr

25

43%

Jan

May

574

24% Mar

35

43

5

5

General

200

70

274
11

49

Corp

147

—

&

Steel

10(4

23%

—

43%

.1

General

69%

70

common..

Petroleum

Public

__

15

common

6,000

15

„—

Corp

Dodge

41

125

125

*

(Unt

600

6%

Apr

29% Jan

14%

Airways (Un)

(Un)_

(Chas)

Phelps

1234

1

Corp
Corp

12%

574

Jan

47%

RR

Circle

10(4

__

5

Co

1,400

11%

6%

127

Mar

14%

(Un)

Inc

Co

40V2

41

„_5

when issued

common

General

3

3

3

12%

50

Co

prior

Controls

12%

5

Car
World

Coal

conv

774

x9%

5

_

200

Jan

774
12

*

43%

iO

Corp

28

10% Jan

Apr

May

47%

.

—

40

(Alan B)—

General Amer Transportation
General Box C^rp

400
400

May

10

Electric

&

40%

300

—.

774

45

com„5

(Minn)

(Un)

Gas

43%

10

—

53%
1174

28

__...2%

Co

Co

Oklahoma

Rexall

Candy

60

Apr

10

Co

40%

—20

Gamble-Skogmo Inc

General

Feb

10

Co

43%

1

Auto

2874

Feb

6

100

Bancorporation

Manufacturing

59%

Brewing Corp

100

6%

51

1

Radio

Four-Wheel

45% Mar

Jan

4

1

(Un)

J_

Ry

Bush Shoe

—25

Flour Mills of America Inc

41% Jan

1

RR

Car

States

Northwest

4974

(Un)

100

10

—.

Aviation

Pacific

_10

Emerson Radio & Phono
Palstaff

3,400

64% Mar

105(4 105(4

Northern

59

Elgin National Watch

5%

200

1

Mfg

North( American

1

Mfg

Jan

5

—

Central

American

49%

—

&

May

27 (a May

63(4

„

25

Inc

Corp

145

5

Prod

Distillers

National

22%

6314

Cylinder Gas
Lead

36

__5

Controller

Jan

Jan

Pure

Fddy

8974

774

50c

Jan

25

(Un)

300

1174

—3

Apr

.10

Nemours

41

45%

53

*

Inc

%

_l0c

(EI)

May

17%

474

*

Montgomery Ward & Co

21%

•

A

Du Pont

Jan

142

45%

1174

10
______—1
*

Cement——.—

16%

*

Corp—

10

Jan

47 74

.—.___.

Manufacturing

500

•

Co

Apr

15 % Mar

8974

Apr

—

& Mfg

700

1

Laboratories Inc

87'a

100

700

4174

1

common

600

10

—

600

1574
145

4074

*

Minneapolis

%

—25

(Un)

9%

9(4

4

prior preferred —
Brewing Co

2(4

18%

__

,_5
*

—

39 % May

1574

—*

Utilities

24%

Corp..—

Co

1174 May
19 % Mar

Jan

9% Jan

400

—.—1

Brick Inc

Metropolitan

i'r

—

10

&

Feb

38%

47%

Products

Mickelberry's Food

17%

__

common—_l

Company
Cleveland Nav

Detroit
Detroit

1634

2

46

16

Cudahy Packing Co
Curtis-Wright Corp (Un)

100

25 % Mar

Jau

I

1,400

18%

39%

Jan

11%

—

—-

Jan

17

1.500

dividend

Feb

3

1174

140

5

Cement

70% May
12% Feb

Feb

374

42
Apr
24(4 Jan

16(4

•

Motors

1,700

28 Va May

18%

10

common

2%

Jan

278 May
2% May

1,500

25

Container Corp of America.

4

27a

1574 May

19%

1,400

Missouri

preferred

200

23

Mississippi River Fuel—.

Consumers Power Co

350

274

2074 May

28%

Modine

1

28%

274

35% Mar

Jan
Jan

45

1—

50c

Edison

28

Jan

18%
11

22 34

18% May

__100

convertible

1,400

2774

13% May
2074 May

•

(Un)

32%

500

1574

45

Apr

10
Iron

100

2074

2274

Jan

Corp..

System

35

13%

28

Jan

preferred

Cliff's

May

*

16%

Co

Gas

42

Apr

1

15%

1

preferred

Jan

—

10%

*
Chicago So. Shore & So, Bend RR.12.50
Chicago Towel Co $7 conv pfd
*
Chrysler Corp
25

Columbia

20%

10
(Un)—

Co

North American Co (Un)

Service

3,100

5(4

1
Kentucky—_*

250

Chicago Milw St Paul & Pac.
Chicago Rock Island & Pacific Ry

Cities

25%

— —

—

of

Co

&

(Glenn

Martin

11% May

Apr
1% May

B

class
&

Cement Mfg

Marquette

24

Jan

50%

*

—

400
1.400

Chesapeake & Ohio (Un)_
Chicago
Corp
common.,
$3

Apr

23%

1574

13%

Illinois Light Co
Illinois Public Service

Central

28

140

_•

common—

13%
20%

:

West

12% May

3174

Jan

May

Jan

Feb

Co

Chemical

13

Corp

Brewing

Jan

Jan

25

974

Libby
7
Printing Co common———l

Lincoln

13
20%

America—,

Corporation

Centlivre

10%

2974

11%

McNeil &

Libby

Jan

61

ii

May

May

200

—

18%

24(4

19

39%

*

20%

25

40% May

Jan

400

-*

._—

11%

_

Jan

13%

1,200

4

common

600

Biscuit

of

42

33(4

12%

274

33 (4c

(Un)

Co

Co

Motorola
Canadian

3574 Jan

2,500

26%

——

13%

15

100
300

19

31 (4

—

13%

16%

42

40%

20%

1

v—

preferred

May

474

1% Mar

May

35

5.

common

34% May

1274

1574

13%

1

27 % May

2574

*
8.75

12.50
15

Corp

200

31

25

400

Burlington Mills Corp (Un)
Burroughs Corp (Un)

3474

May

1274

—1
1

Co

750

,

347a

59
29

18%

--

1%

—

._—*

Butler Brothers

4
70%

3274 May

Jan
Mar

31

10

(Un)

Knapp

21

400
100
1,400

23(4 Jan

41%

40

1%

—20c

Budd Company

Burton-Dixie

—

5

Borg-Warncr Corp
Brach

23

3,100

26

42

13%

*

Power

Katz

14%

Jan

51%
1%

51
1%
22%
76%
%
4
66%
11%

.

42

10

Laughlin Steel

&

26%

3% May
4% Jan

*

Baldwin-Lima-Hamilton

Bastian-Blessing Co

3474

3.50

Electric

&

Light Co

Lonergan

Mfg

327a

46 (4 May

8%

5,900

Jones

18% Jan

10% May
29% Jan

100

500

1,700

'

-•

Co—

Power

Illinois

22% May

59

27%

32'/«

3274

*

(Un)

13% May
267'4 May
23(4 May

56

*

Co

High

Apr
Jan

May

13% Apr
169% May
65% Jan

Feb

58

900
1,400
1,600
2,300
100
100
600

9%
13%
24%
107%

44

11% May
156%

100

Interstate

Feb

13% Jan

600

3814
46%

Feb '

43 % Mar

2,100
2,400
90o

500

9%
18

27%

———*
Chemical—5

International Harvester
International Mineral &

3%

600

59

•

Co

Steamship

25% May

18% May
7% May

395
600
150
3,000

Feb

Interlake

Low

13%
2674

& Lt new com——*
Co—————

Steel

Inland

High

45

400
800

12% 13
17% 1814
16814 169%
6138 62%
1014 10%

62

50
,-10
5
..1
*
50
10

(Un)

4714

2914

13
17%
16314

common——5

A

55'4
1214
4214

—

(Un)—_ 5
100
(-25

San

Co

Tobacco

Oil

Amurex

Tei

&

23
19 4
7%
414

2914
5814
1214
42 %

5

American
American

4714
2214
2514
20 la
7%
414
29?8
58'4
1214
43%
48%

22

2014
x7%
414

1
*
20
1
12.50
10

(Un)

Alleghany Corp

22'4
25%

1

Advanced

4714

—

Low

Range Since Jan. I

High

,1

Indianapolis Pwr

Range alnct Jan 1

Shares

10

Co

Indiana Steel Products Co

High

for Week

Low

V

8ale Pries
Par

Sales

Range
of Prices

Sale Price

~~

10%

17(4

*

1,000
1.300
100

9

May

1074

May
Feb

19(4

Feb

22

9%

Jan

10% May

14% May
32

Jan

22 %

39%

Jan

Jan

Apr

39

39

5

27

26

27%

4,350

15(4

Jan

2774 May

\

20

19%

20%

2,600

16%

Jan

20 %

~25

46

4574

46s4

800

4174

Feb

47% May

Apr

Number 5329

Volume 179

The Commercial and Financial Chronicle

...

(2401)

41

OUT-OF-TOWN MARKETS
RANGE

Week's

Friday
v., STOCKS

V

.

Last

Range
of Prices

Sale Price

Thor

Corp

Thor

Edison

Trane

Co

-

(The)

Co

Transarnerica

_

_

Trav-Ier Radio Corp

Tri

Continental

Truax-Traer

$2.80
So

208

La

Salle

Union

Oil

13

2

63%

59%

63%

2

32%

31%

32%

500

1

2%

2%

2%

1,100

—

(Un)

1

20%

Film

1

_•

&

Corp.

i

1,350

,

11

May

17%

Jan

700

12%

Jan

13

2,050

'36%

Jan

25%

Allied Chemical &

Jan

21

13

Apr

18

Feb

200

43%

Jan

45

Mar

Vb

20%

500

19 y«

Apr

22% Mar

%

61

130

59

Jan

61% May

70%

Feb

82% May

U

Gypsum

82%

49%

1,000

49%

100

22%

S

Co

Rubber

152

—

(Un)

300

U S

Steel

Corp

Van

Dorn

Iron Works

common—

Walgreen Co
Western

Telegraph

Wieboldt

38%

Jan

50

Wisconsin

10

(F

W)

(Wm)

Yates-American

152

29% Jan
39 Va Jan

American

Cvanamid Co

American

Factors Ltd

American

Apr

American

49% May

350
100

8

Mar

24%

10

v ;

Radiator

100

35% May

68%

700

50 %

Jan

73%

Apr

25 VB

American

100

Tobacco

21

Feb

25% May

32 %

32 %

;100

American

Viscose

27%

Corp

Feb

14'%

14'%

American

Woolen

400

Co

13%

Jan

32% May
14% Apr

*

16

16

16%

41%

41%
83

83

8%

„

Youngstown Sheet-& Tube

45

-

8%

43 '%

1,000

14% Jan

17%

40

Apr

45%

Jan

85%

Apr

%

Anglo

8%

Apr

11

38%

Jan

45

May

steel

Atchison

Philadelphia-Baltimore Stock Exchange
Week's

Last

of Prices

Sale Price

Pair
Stores

Co

American

Tel

Tel—

&

Shares

Low

49%

_

100

168

47%

49%

Mfg

258

2,207

Basin

44

Jan

Oil

Benguet

155%

Jan

21%

22

550

19%

Jan

22'% Mar

Bethlehem

33

1,163

29%

Jan

34'% May

Baldwin-Lima-Hamilton

13

9%

9'%

9%

390

Baldwin

lc

2%

2%

25

Corp

Transit

$2.50
irlrl
Budd

rnmnanv

Feb

'.

«

.

4%

:

31 %

5

2,022

4%

Feb

30%

31%

354

25%' Jan

J13.V4

13%

13'%

1,166

ll'/a Mar

62%

$5)

now

Corp

25

Publishing

Co

61 %

63 %

1,669

l

Power

7%

7%

8%

628

6V2

28 %

28

%

28%

88

27 %

&

31%

30'%

31%

3,307

28'%

Jan

25

24%

25'%

1,346

77 Va

78

65

Apr
Apr

10

Light Co

Storage

Battery

•

Fidelity & Deposit Co

io

(Julius)

50c

common..:

convertible

preferred

convertible

preferred

Geneial

Motors

Corp

Hectn

(The)

5

common

Steel

Martin

(Glenn

__

27

of

23

Pennsylvania

&

Light

13%
41%

com

Co

(Un)

$1

div

Inc—

preference

.

Philadelphia

Transportation

Budd

8'%

Burroughs

Mar

111'%

Calveras

3.60%

Public

series

Service

div

$1.40
Scott

Cement

California

Ink Co—

series

100

8%

200

23%

110

16%

50

100

50

14

13%

3% May
8
May

40'%

12%

Central

Jan

25

Mar

50

May

14'%

Jan

Eureka

39%

Mar

3-»%

3,983

32'%

Jan

25%

25%

94

23%

Jan

Cities Service Co
Clorox

Jan

39% May
26'% Jan

Commercial

Commonwealth

33%

33 34

1,058

28%

Jan

18%

18%

4,996

16%

Jan

19'/a

Apr

Crown

4

42'%

Jan

45

Mar

45

Mar

44

22

42'%

Jan

*

26%

27'%

869

25'%

27 34

324

25%

89 Va

91'%

1,692

fQl/,

Jan

75'%

75'%

76'%

271

68%

Jan

5%

5%

5%

1,200

47/B

Jan

34%

34%

34%

607

33%

32%

33'%

972

30%

*

99 Va

98

99

Va

110

42

42

29%

10

29 3%

100

50

93'%

""I

*

$5,000

81'%

8!

2,000

70

v

_

Apr

Lone

Star

Gas_

100

Mar

42

31

Feb

76

84'%

Mar

Feb

Corp

5

convertible

Pittsburgh

Plate

Spring
Toy Mining

Glass
&

Jan

35

197

17%

Jan

21%

Apr

126

12% Jan

14'%

Apr

7'%

Jan

Jan

13%

13%

6

28"

Jan

Apr

31% May

12% May

25% May
14% Jan

101

24%

Jan

31% May

71

25'%

Jan

28

120

32% May

35Vb

26

2

33%

100

23'%

100

11

9 "2

Jan
Mar

Apr

Apr
14% May
97% Apr

217

7%

Jan

1%

450

IV2

Jan

30 %

436

26'%

Feb

164

52%

Jan

30'% May
59% Mar

110

18%

Jan

Engineering

United

States Glass

&

Pnundry

common

Alloys .Steel—

Westmghouse

Westinghouse

Jan

54

54%

21%

20%

21%

6c

6c

see

page




5

13 %

—1

6%

4'

10

12.50

1,900

25

%|

67%

13!%

260

6'.%

G'%

100

23%

6

Air Brake
Electric Corp

For footnotes

Co.

23%

1

25

26'%

779

66%

63%

427

12%

41%

Apr

40 %

1,075

77 Va

80

43%

44 %

540

9%

1

(Un)__

a71 % a73Va

8'%

65

5

(Uni—25

a26%

45%
103

72%

65

a26% a26»%

101 %

71 % May
75

Apr

Apr

46% Apr
104% May

Jan

24%

Jan

24

80

Feb

9 Va Mar

Feb

Jan

35;

1,108

103

103

44%

Jan
Mar

61

384

43%

•

77 Va May

Jan

41 Vi

107

a71% a72%

a72%

25

9%

a71%

37
59

8

Apr
Jan

Apr

(1

Di

class B

14

14

214

13%

Apr

15%

Feb

'

42%

43 %

664

36 '%

Feb

5%

6 Va

2,055

5

40%

40%

855

__10c

10%

10%

210

2

—

\

Apr

10% Mar

Jan

Giorgio Fruit Corp

Du

of

Chemical

Pont

de

(Un)

1

Calif
Co

common

class A

Mont Lab

du

Fields

Oil

Oil

corn—5

(Un)

Nemours

&

Co

6

Eastern

Air

Kodak

El

Dorado
Paso

Inc

(Un)—25 al25%

Co

(Un)

33%
'

225

al25al26%

(Un)—

10

Feb

9%

Jan

May

Apr

25

Feb

57% Apr

.116%

38%

38%

—

aC4%

old

(Un)

•

;

•

116% 116%

838

40

2,744

65%

44

5

685

9

100

15

a31 a31 %

103

28%

-10

non-cum

—

5,169

a 58%

25

a

3

Apr
Jan

9/64 May
46%

Jan

30

79Va

43

59% Mar

50

a

88

%

i

56 '/4 a57'%

190

Apr

1 %

Jan

Jan

48% Mar

10%

Feb

16% May
32

May

,

11/64 May

x

54'/a May
7

9'/a

Jan

65 Vb May

1%

Feb

57% May

0

—a28%

Corp

Jan
Mar

al%

al%

•

I

"

a43% a63%

*

(Uni

pfd

i

w

common

10

(Un)

Graham-Paige Corp
Ry

(Un)

11/64 11/64
a88%

1

Co (Un)_

59%

1,092

9%

a58%

—

(The)

a28% a28%

80

13 Va

2,995

12

1,025

20%

12

13

Hancock

5%

Oil Co

a--.

Co

24'%

26 V2

26'%

724

25

12'%

12%

936

11%

—1

i—-————.—-25

I'liiegnnlc

Hawaiian

23%

26%
12%

class A

preferred w

1%

Jan

Holly

Development

Homestake

Lid

Honolulu

Hunt

12

7c

Jan

Idaho

Co—
(Un)—

Mining
Oil

1

—

*

Corp

Fopds Inc

—_6a4

—

Sugar

1.10

May
Jan

14

Feb

24%

Feb

May

26% May

Jan

13% Mar

Maryland Mines Corp

(Uni— -1

Jan

13'%

Apr

International Harvester

6'%

Apr

International

Nickel

Co. (Can)

(Un)—•

18%

Mar

24'%

Apr

International

Paper

Co

(Un)_

22%

Jan

26'%

Apr

Internationa]

Tel

com

50'%

Jan

73%

Apr

1.40

7%

22

Intex

Oil

Co.

Tel

&

<Un>

90c

May

1.10 May
41

Va May

30'/a Mar

500

57:

Jan

75% May

17'%

18'%

764

14 %

Jan '

18% May

7'%

a 7'%

20

1.30

1.45

24,200

32

32%

1,762

7 % Mar

1.00

28%

Jan

Jan1

7 Va Mar

1.45 May

32% May

90

37%

Feb

49% May

67%

205

56%

Jan

67% May

18

9V2>

a4l a4l V2

67'/a

a41%

•

33Vac

700
105

75'%

a

32%

(Uni

1.10

72

75%

Plantation—15

Feb

4%

1.10

a42'% a42>%

12%

Co

„

63% May
72% May

16 Va

a31%

,

<

41% May

,

71%

70

16%

122 %

Feb

58

9%

•

*
(Un)

Jan

88

Apr

38% May

16%

Corp common—3

Utilities

a

;

52 Vb May

com—*

(Un)

Co

———

Greyhound

44% May

—5

Company

North

Feb

46% May

363

Goodyear Tire & Rubber
Great

38%

:

Apr

1.855

preferred

(B F)

Anr

24

43%

Rights
Goodrich

49 Va

Jan

51 %

Paint Corn common

Gillette

40 % May

Jan

20%

43%

Corp

Public

Jan

41%

22

49%

Motors

General

35%

870
155

47%

43%

Corp

8

580

40%

46 %

51'%

Chem

11% May

Jan

21%

47
—

;

40 Va May

5 Vb

10

Electric

common

Cumulative

47

350

—3

&

Dynamics Corp

Foods

132

6

40 %

•

•

Jan

22 Va

5%

--20

—

May

7% Mar

127

105% Jan

500

24

aG0% aG2'%

3

Co

Co—

Machinery

aG0%

*1

Co

Gas

Capwell

Plantation

23

—1

Works

Oil

Natural

Emporium
Ewa

Lines

45

5% May

22'% May

6c

54%

__5

Axel

Feb

Jan

40

May

26%

14%

10

10c

Tlniterl

Vanadium

High

28'%

Jan

1%

25

17%

77%

•

(Un)

_—

General

Low

22%

9 'a

.2.50

Apr

15% May

75c

Hutchinson

Rockwell
San

common

preferred

(Un)

Corp common

General

Range since Jan 1

28'%

14%

14%

16%

Feb

General

85

26

5

Apr

Jan

May

Jan

139

31%

48 Vb

12%

100

60c

Feb

1,382

26

Jan

882

100

Apr

6Vb

31%

44 Va

14 Va

40%

Class A—♦

Y

40

14%
16%

a57% a58%
14%

70c

36 V*

31%

26

50% May
) 8 '% May

70c

34

25%

/32%

Jan

7

Shares

31%

.—10

_

Pittsburgh Brewing Co
$2.50

1

42

15% Mar

8

ef Prices

32%

*

;

___

—.»—

Mackintosh-Hemphill
Natco

*

.____

Co__.

N

18 %

700

New

Refractories

Co

A___2%

16%

93% May

y

13%

18%

344

General

6

100

775

50

Jan

8

General

i

Jan
Mar

104 V8 May

81%

10

for Week

6

45 %
64

Feb

7%

Jan

May

Jan

12Vs Mar

10% Mar

185

Jan

90c

37% May

56%

Feb

17

Apr

13

2,305

50

25%

Jan

40

63

104% 104 Va

__

6i3g Mar

Jan

May

9%

Jan

30%
8.50

61%

14 % May

1

Douglas

25%

—

Light

a38%a38Vs

62%

(Del) (Un)—5

■

Dominguez

80 Va May

High

al0%al0%

•—

13% May

—_1

Range

Low

al0%

25

27% May

(Un)

76'% May
5% May

Jan

36 V4

Jan

(Un>_

New

14%

Walker

26% May
36% May

59c

24%

14Va Mar
22 Vb

Corp
Cypress Abbey Co

Sales

20 3«

(Joseph 1

Apr

65c

25
Ind

of

Publishing Co

Week's

Last

Jan

a27%

•
*

Crucible Steel Co of America

El

71%
■"

Apr

17

50c

(Un)

Curtiss-Wright

(it
1975

May

17

26 Vb May

al8

*

Refining

Zellerbacli

Curtis

May

42

28'%

21

Jan

53%

10

common

Co

Products

Preferred

28% Mar

Jan

90%

Corn

28 %

Jan

27'%

Jan

14%

33 Vb

(Un)

Edison
Oil

44

17%

2,430

20% May

683

Edison

Motors

"

214

16%

3%

Solvents

Continental

26%

207%

16%

14% May
.

100

Co

Chemical

Continental

27%'

Jan

Feb

Consolidated

*

Feb

16%

12,400

(Un)

6% May

44

Apr

11%

280

71c

■—

8% May
34'% May

18'%

May

13%

11% Mar

800

5 %

100

Corp

Jan

32 %

10% May,

14%

13%

1

Consolidated Chemical

44

87

Jan

a2G a277/8

Corn

Broadcast Syst class

%

Jan

9%

20%

•

(U11)

Preferred

Feb

42% Mar

Jan

Mar

38 Vb

79

20%

10

America

Gas System

Co

Manufacturing

58 Va Mar

58% Mar

88

13%

16'/a

Vought Aircraft
—1
Chesapeake & Ohio Ry lUni
25
Chicago Milw St Paul RR com (Un)—*

Jan

!

14'%

Home

a61'% a62 %

20%

Chance

3% May
10

May

478

20%

Joy

41% May
5 % May

207/b Mar

Feb

710

3%

Blaw-Knox

Harbison

4 V8 Mar

2.05

Apr

22'%

24%

8%

Corp ol

Columbia

10

2.35 May

40% May

1,148

16%

Celanese

Jan

-

Jan

625

5%

200

15% May
24% May

Columbia

.10

Corp..

2.80

41%

4%

al7% al8Va

Jan

106

Steel

Feb

53% May

13%

33%

Follansbee

11%

Feb

225

33%

Brewing

67% May

45%

15%

5%

Gas Co

Jan

1

Feb
Jan

10% May

437

Caterpillar Tractor Co common

Allegheny Ludlum Steel.

Equitable

12
50%

'

Jan

2.70

14%

2

32'%

Sale Price

Duquesne

M-y

40%

12%

35% May

Par

Duquesne

8.360

73

53 Va

72% May

Friday

System

429

Jan

4%

Jan

Pittsburgh Slock Exchange

Gas

674

10%

62

176

14

58%

Food

Columbia

67%

10%

May

300

67%

—25

(Un)

31

STOCKS

1:1.
l»i

20

21%

2,753

Co

(Un)

130

1975

78

13

12 %

Feb

125

72%

Oil
Rv

Co

4

A

78

Feb

Jan

105

69%

'&

I)

(J

236

-13%

ser

15%

9

14%

800

Pacific

Case

13,308

A—

Jan

30

5%

Atlantic

Canadian

BONDS

5s

11%

200

5

Canadian

Apr

36

*

Baltimore Transit Co 4s

100

10

a24% a24%
15 V2
15 Va

Ltd

18% May
18% Feb

21%

11,075

_

13

290

Jan

32

—'

V-

_.

common

13

9%

a21% a21%

__

14'A

May

Eastman

Lothrop

23% May
3V2 Apr

13%

Mar

Dow

&

Jan

398

18

8%

Washington Loan & Trust.

2.85

19% Mar

1,963

18

35%

—

1

common

100

10

(Un)—„_1%

32

•

"

•

Washington Gas Light
$4.25
preferred

500

3%

16

20'%

6%

Corp

23%

27%

110

10

United Gas Improvement.

Feb

22%

16

Colorado Fuel & Iron

United

Apr

9

26%

579

8'%

;

5Va

Apr-^

5

Dry Ginger Ale

6

—

Jan

8%

—.5.50

18%

*

Co

4%

130

10

8%

common

1,100

9

3%

—5

Co—

6%

com

5%

23%
/

:

May

9

2'%

49% May
40% Feb

—50

Gas

36

34% May

5

__

—5

38

Sun Oil Co

Woodward

(Un)_,

—>

15% Mar

...50

&

Jan

29% Mar

62

35'%

preferred

B

El

28%

115

103% May

Apr

235

al3 al3'/4

917

preferred

preference

Paper

Corp

3
A

95%

35%

35%

——al3

2,514

•

series

3.60'%

115

Jan

a32% a33%

343

California Packing Com

Feb

'

Potomac Electric Power common

34%

300

Byron Jackson Co_

Jan

Co—

preferred

24 Vb May

11 % May
46% May

290

1,560

al07%al08%

49 V2 May

9 '% Mar

uy4
46%

87

3,594

-

Participating
Philco Corp

38% May

Jan

44

__

,

a

11%

10%

Company

1—20

Common

Jan

16

10%

171

.

Jan

43%

70

a24

86%

41%

•

i

.

29%

a23%

__

Jan
Jan

21 Va May

:

a._

10 %

48%

•

common

.

Jan

15

816%

16'%

common

15%

1,170

a62'%

46'%

5

Stores

Electric

31% May

49

5

16 %

*

Drug

Philadelphia

65 %

37 Vb

f

15

(Un)——

47

Peoples

1,735

830

Inc_——_10

—

Stores

10

Pennsylvania Water & Power Co

169 % May

Jan

4%

50
Mfsr

Salt

Jan

59%

2.75

(Un)

Corn

500

50

1

Pennsylvania RR

156%

38%

1

Chrysler
Corp
Pennsylvania Power

1,189
<

Apr

30'% Mar

May

21%

_10

Pennroad

18%

36 Y* May

48%

•

18%

8%

1

Wash—

Jan
Jan

45%

1

(Un)

Broadway-Hale

31% May
27% Jan

75'% Mar

3%

_10

L)

Bank

National

13%
29%

36%

__

20c

18%

10c

Navigation..

355

a36'% a36%

__1

_

Feb

Mar

1,775

810

__

100

——

Apr

17

18%

-—_________1

Calif

48'/a

36%

21%

5

(Un>_

15'%

71%

15

Resistance

Lehigh Coal &

36

20%

3

20%

18%

__

5

Co

International

35 % Mar

Corp »Un)„ 13

18 %

,—25

Gimbel Brothers

50

1,100

(Un)__50 al08%

20%

__

25

5%%

14% May

48%

10

24

4%%

11% May

10%

Canada

Garfinckel

166

63

—10

RR

Borg-Warner Corp

31% May
13% Apr

Feb

56

Light common—13'%

Delaware

Duquesne
Electric

(Un)
,

Bunker Hill & Sullivan

Chrysler
Curtis

12%

Jan

'

.50

> (r
„l(par

Company

5%

38 V4 May

14%

__

Bolsa

Apr

Apr

43 Va Mar

35%

Boeing Airplane Co new com (Un)
5
Chica Oil Corp——1

9% May
3%

34 Va

100

61%

2

Borden
1

preferred

non-cum

8% May
2% Mar

Co—

Common

Co

(Un).

Bishop Oil Co
Blair Holdings

Securities

40

265

Corp (Un)_—
5
Mining (Un)________P1

Cons

32%

Baltimore

a37

34%

5

Co———

32%

May

May

42 lA May

168% 169%

—5

of

Co

22

170

17

Feb

35%

*

(Un)__

Gas

Instruments

—10

Arundel Corporation
Atlantic City Elec Co—

Feb

Jan

Aviation

Bendix

49% May

13

15%

36%

__

50

Co

Ohio

&

Oil

Beckman

High

11% May

May

Va May

a43% a43%

—

20

Corp

Petroleum

Low

(Un)

(Un)

Corp

Baltimore

Range sine* Jan 1

893

;*:■

34%

*•

Topeka & Santa Fe

Bankline

High

167% 169%

Oil

Refining

Bandini

for Week

12%
16%

88

17%

25

Co

Baldwin-Lima-Hamilton

Sales

Range

59

40

„

25

Coru—

Corp

Avco

Feb

a47% a48 %
16%
13%

—

100

(Un)

(Un)

Louisiana

Armeo

51

188

0

Natl Bank—

Fuel

Atlas

Friday

(Un)

Co_.

Copper Mining

Calif

Arkansas

Jan

520

12%

*

Co

Archer-Daniels-Midland

Atlantic

STOCKS

Tel

&

Arkansas

100
800

45

Tel

Anaconda

JaD

79

American

Feb

1,500
200

42

83

»

Feb

59%

a37

•

38

42 %

56 V8 May

a42% a42%

16%

26% Mar

Jan

Jan

12

%

10

(Un)

25%

_10

Co

S

S

&

May

.

Smelting & Refining—

Common

26% May

8b

47

16%

20
B

22% Mar

75
555

25

class

21% Mar

Mar

56%

12%
a 42

5

Chem

67%

•

1U11)

Corp

38

__.

American

Motors

Potash &

American

Apr

1

(Un)

145

High
47% May

20

58%

12%

(Un)

26

a89 a89%

(Un)__1

com

Car & Foundry

American

Apr

26

Low

44% Mar

55%

*

(Un)—

May

American

10

24%

Co

26

*

(Un)

Thtres

Para

Can

May

34%

50

—

Inc

25 Va

Co

Machine

24%

Mar

al9% al9%

20

Ltd

Broad

145

—1*

-

67%

Corp

Jr

Amer

47%

Dye Corp (Un)

Airlines

Stage sine* Jsa X

High

47%

1

(Un)

5

common

Barikshares

Woolworth

Wrigley

5,200

24%

1

Inc

200

49%

9%

V4

21% May
126

Co

-12%

.'

Stores

100

34

47%

10

_________

Westinghouse Electric Corp
Whirlpool Corp
White Motor Co

49

•

—

Union

152

33 Va
*

Aluminium

American

81%

-~~25

—

Reduction

Allis-Chalmers M'fg
American

Low

:

May

15%

800

Shares

5

_

Corp

Air

200

22%
S

Admiral

Mar

'

U

Laboratories

3

17 %

Tor Week

of Price*

«

Par

Abbott

32% May

Jan

■"

Mar

Feb

2

*'

Sales

Range

Sale Price

'

Exchange

Week'*

Last

■

63 % May

44

60

82%

Friday
STOCKS

16% May
19 % Apr

21

20

_•

Carbon

20 Va

28

San Francisco Slock

16%

50

MAY

High

44

1

California

of

19

Street Corp

Carbide

Union

18%
13

common

Century-Fox

20th

500

13

___—______

Corp

Coal

__

preferred series A__

conv

16%

19

--—.J;;..—

-

Corp

Low

5

——

ENDED

Range Since Jan. 1

High

13

.

...

•

Co

Tool

Power

Toledo

Shares

Low

20

WEEK

for Week

'

Par

FOR

Sales

187%

2,135

14

Jan

,18% May

9%

9'%

2,200

8% Mar

10%

Apr

'

Commercial and Financial Chronicle...

The
42

(2402)

Monday, May 31, 1054

OUT-OF-TOWN MARKETS
RANGE

Francisco Stock Exch. (Cont.)

San

Fj;ida/
Last

week's
Range

Sale Price

STOCKS

i

Jones

&

Kaiser

Corp

Chem

&

Alum

Kansas

Corp com

'

Preferred

&

Power

50

Light

34
54

a20% a20%

__

__

40%

Apr

69%

20%

Jan

25

549

26%

Jan

35

47

Jan

54

May

36

19%

Apr

19%

70

Republic

Apr

150

May

Apr

66

Jan

80

May.

Richfield

Oil

475

39%

Jan

49

May

Riverside

Cement

440

33%

Jan

40% May

Bros

Roos

Leslie

Salt

Co

Libby McNeill & Libby
Aircraft

Lockheed
Loew's

Inc

7
1
•

Corp

(Un)

39

40%

a9%
33%

a9%

50

34%
15%

1,552

a23% a24%

—

15

__

8%

Jan

500

13%

150

22

9%

Apr

26%

•

Russ

Martin

Co

Jan

15% May

Mathieson

22%

Navigation Co (Un)—.
McBryde Sugar Co (Un)
McKesson & Robbins Inc

Meier

Frank

&

16

Jan

21% May

17

Menasco

20 %

20%

2,147

23

,22%
46%

23%
46%

2,325

Jan

41%

Apr

47% May

23
24
a5% a5%
a39% a39%

2,907

18%

Jan

24

15

5%

Feb

5%

137

39%

Apr

41 %

Feb

200

13% Mar

2%

Jan

10

1

Co

Mfg

*

Middle

South

16%c

Inc (Un)

Co

Utll Inc

*

__

24
—

a39%

14

__

Lead

Joseph

Regis Paper Co

M J

Montana

Water

Co

Morrison-Knudsen

Co

854

19%

Jan

21%

Feb

a29

182

27

Jan

29 %

Feb

3c

3c

136,233

76c

80c

8,567

75c

190

20%

3c

a36Va

22% 22%
a35%a36%

a63%

a63'/« a63%

33%

__

33%

3c

Jan

2c

Fibres Inc

Auto

National

Distillers

National

Gypsum

1

;

(Un)

Products

5

1

(Un)

Natomas Company Co
N

Y

RR

Central

*

(Un)

•

Niagara Mohawk PowerNorris

Oil

•
1

Co——

North

American

Aviation

North

American

Co

North

Investment

Amer

5%%

preferred

Northern

Oahu

6%

Jan

Southern Calif
Cumulative

216

56%

Jan

64% May

Conv

910

34

32%

128

30

Feb

34

Cum

Apr
May

Railway

Sugar Co Ltd

(Un)

Oceanic Oil Co

1

...

Ohio

Edison

Co

Ohio

Oil

(Un)

Olaa

Co

Sugar

Oliver

(UiTC

•

United Filters

Pabco

Inc

Product*

Pacific

Can
Coast

Pacific

20
class

•

.....

5

.

Finance

6%

1st

4.80
5%
5%

1st

1st
red

__

786

20%
4%

-

40

Apr

135

Feb

8%

9%

2,340

8%

Jan

a44% a45%

18%

Jan

26

178

27%

Jan

100

2,266

20%

Jan

20%

Jan

21%
20

580

14
3%

14
3%

100

1,707

43%

3%

Jan

62

3%

33
a48 'A

38%

Jan

43 %

60%

Feb

64%

4

320

3%

Jan

4

31%

31%

31%

18

18

18%

2,130

14%

Jan

1^'
%

21%

21%

299

14%

Jan

43
31

—

5%

Jan

125

29%

Jan

31%

7,652

39%

Jan

43

33%

Jan

269

30%

Jan

Oil

Western

Packard

Motor

Co

Stendel

100

Corp

Pan American

common

(Un)

World Airways

Paramount Pictures Corp

(Un)

1

Petroleum

Pioneer

Mill

Co

Ltd

7.50

(Un)__!

20

•

(Un)

•

_

Radio

Corp of America (Un)
Reg Equipt & Realty Ltd com
Rayonier Inc common...
Preferred

•

25

4

Jan

43% May

a26%

25%

Feb

26% Mar

220

32%

Jan

37

Jan

37%

37
a

25% Mar

24% May

37

20

39% a39%

13%

35%

May
Apr

28

Feb

Jan

34%

Apr

32%. Jan

34%

Apr

8%
15%

Jan
Jan

14% Mar
Mar

17

16%

377

42%

44%

1,903

36%

Jan

45% Mar

55%
a61%

55%

220

40%

Jan

55% May

aGl%

a62

46%

Jan

61%

7%

7%

136

a33%

a33% a33%

379

64%

a82%

1

63%

80

64%

4,963

6% Mar
28% Jan

52%

Jan

Apr

7%

Jan

34 %

May

64% May

Airlines

89% May

A or

40

17%

17%

455

14% May

23

Jan I

19%

20

563

16%

Jan

20%

Apr

12%

12%

450

11%

Jan

14% Mar

36%

36%

490

31%

Jan

36% Mar

56

58%

Jan

17%
12%

Mar

81

May

73% May

a73

a74

a8%

a8%

60

7

Jan

21%

21%

21%

1,150

20

Jan

23 %

32%

31%

32%

5,002

25%

Feb

32% May

15%

15%

265

13%

Jan

15% May

20%

21%

707

15%

Jan

21% May

a82%

a81 % a82 %

151

71% Mar

a24% 1

a20%

5

(Un)

1

Carbon

(Un)

California

•

—10

common

(Un)__

Corp

24

24%

31

50%

1,496

25

25%

900

20%

Jan

60%

46%

Jan

25%
a22%

a

60 %

490

a22% a22%

55

32%

450

5
10

Inc

'

49%

25

12%

—

Lines

Jan

37%

a73%

Inc—

Corp

Aircraft
Air

72%

140

2

Corp

&

618

40

10

Oil

Associated

Carbide

89%

40

25
50c

(Un)

Incorporated common

World

Mar

66

88%

5
—I
1
5
7.50

———

81

a80% a82 %

15

Products

Company

United
United

Apr
Jan

39

9% Mar

Apr

7812 May
24

Apr

50% May

28%

Apr
60% May

21% May

24%

27%

32% May

Gas

United
U

Mar

S

Park

City Mines Co (Un)__

Rubber

Jan

11% May

(Un)

Utah-Idaho

30% Mar

Victor

15%

Jan

31%

Jan

39% May

29%

Feb

34% May

18%

31%

10
.

.

U S Steel Corp common.—

Feb

14

(Un)

Corp

Apr

Apr

'

Feb

30c

15% Mar

Sugar

1%

1 %

320

1%

Jan

1% May

33%

34%

920

29%

Jan

34% May

47%

49%

2,315

39 %

Jan

49 % May

1
.5

49%

——4:

Feb

5

Co

2.75

2.75

300

2.60

Jan

2.85

_1

(Un)

Co

Equipment

10%

10%

285

9%

Jan

11%

15%

15%

105

14

Feb

15% May

8

60

Mar

65

15

295

Apr

308

Feb.'

Feb
Warner

Co

Pictures

Bros

Weill

16% Mar

&

(Un)__

5

255
200

66%

290

3
6%

2%

Apr

4

300

6

Feb

6% May

a36% a37%
50%
51%

70

32

Jan

41%

Jan

36
May
54% May

Western

275

a63%

155

56%

Apr

64 'A May

Western

Pacific

Western

Union

23%

Jan

28%

Apr

Feb

20

Jan

Jan

15%

100

:

(R)

,39%
'33%
4%

65

65

65

300

300

May

34% May

4
66%

__

3
6%

'

3%

4%

Jan

58%

439

Feb

Wells

a65

569

27%

27%

18

18

225

34%
a35% a35%

290

|

17

26%
32 VB

10

Apr

Preferred

66% May

T

U

&

100
1

(Un)

com

(Un)

Coast

West

Indies

Life

45c

1
Insurance

(Un)

4%

5%

5

39%

1.555

46c

5%

40%

39%

4,765
251

19%

50

34c

3%
27

Jan

Jan
Jan

Jan

75c

Mar

5% Mar

40% May

Jan

Sugar

_l

Lines

Air

Western

Dept

Inc

(Un)

25c

Railroad

Cab

Co

19%

a

a

19% Mar

20

May

a9%

a9%

10

9 A

Jan

9%

10%

5,639

9%

Jan

10% Apr
10% May

Apr

53

10%

20

a54% a54%

*

com

19%

53

Apr

a38%

a40

140

36% May

39% Mar

(Un)„_.12%

67%

67%

636

50% Mar

72%

10

41%

41%

270

40

45

301

5

(Un)— .10

Telegraph

Elec Corp
Woolworth '(F W)
(Un)
Yellow

Co

a

1

Stores

Westinghouse

35"% May

Jan

Bank

Fargo

Westates Petroleum
West

10

34%

a35%

38

100

170

25

.«

(Un)
(Un)__j

Electric

Water

United

37'A Mar

Jan

455

__

—

1,258

24%

26% a27%

24%
a

1

(Indiana)
N

(Un)
Corp
:

Tri-Continental

126% May

Jan

455

4%

„

.43%

43

Apr

•

(Un)

Inc

39%

__

45%

;————2

California

of

Corp

33%

__

44% May

Jan

12% Mar

Jan

301

__

—1

Drug

Mold

Trans

Jan

16%

—

Pure

of

Transamerica

Apr

27%

16%
15%

Co

Oil

Tide

May

1.15

Jan

CO

Jan

35:%

55%

—

Oil

Textron

36% Apr

3% Mfiy
21c

32%

692

1,673

43%

(Un)

Co

Co

Texas

May

a31% a32%

a37%

•

Co

675

11%

—

Puget Sound Pulp & Timber
Inc (Un)
Oil

11%

11%

__

P10 I
•

Pullman

7,200

__

3

Pig'n Whistl conv prior pfd

1,150

25c

__

12%

Co

33
3%

22c

__

33y3c

(Un)

32%

145

33
3%

—

a31%

50

Philippine Long Dlst Tel Co
Phillips

1

(Un)

Pennsylvania RR Co (Un)...
Pepsi
Cola
Co
(Un)
Phelps Dodge Corn
Philco Corp (Un)

•
10c

3%
22c

4

Oil

114%

Jan

710

44

16%

Sugar

69

ADr

20%

44%

43%

•

Union

125% 126%

125%

28%

28%

43%

5

28% Mar

8%

May

26%

797

Electric Co of Mo.1—

450

49 % May

13%

Oil Co of

10'A

„

33

Apr

13%

Union

10

I

Jan

48%

43%

2

Union

Feb

12

267

50

Union

May

605

33%

28% Mar

90c

Apr

157

33

33%

28% Mar

33%

63%

64 Ve aG5 %

30%

a

25

Jan

1,705

59% Mar

Jan
May

a48 % a49%

32%

Jan

1,000

92

Jan

150

27%

95c

69%

34

Co

Railway

Sylvanla

36 % Mar
33
Mar

Jan

252

33%

26%

27%

89% a91%

Jan

27% May

100

22

22%

5c

116

590

a28% a28%

17% May

28%

(Un)

Oil

Super

May
6% Jan

908

831

Mar

300

27%

Sunray Oil Corp

22

35%

Apr

7c

10,100

pfd series A—25

common
Brands Inc

Sterling

Apr

Jan

6%
6%
a29% a30%
42%
43
35 35 %
31
31
27"% 27%
28 % 28%

15%

1,537

5c

18%

—25

Inc

Studebalcer

May

32

120

—

Pacific

Standard

Apr

4

Co

Standard

May

120

—

14% May

15%

28%
43%

Petroleum

Standard

Feb

270

35%

Pacific

3%

Jan

43%

90c

Palmer

May

Mar

a66% a67%

—

a66%

6%

common—

common

27% May

a

25
25

(Un)

Calif

Spiegel

16% May

13% May

35%

Tel

39% May

Jan

5c

a90%

25

Sperry Com

20% Mar

Jan

95c

&

Apr

18%

16J)

—

proferred

Southern

Mar

23

55%

210

59

35%

Tel

Mar

21 %

18%

-25

4.88%-

Standard

20%

•

Pacific

46

33

423

15%

(Un)—•

4.32%

Calif Gas Co

Southern

23% May

19%
59

-25

.

Jan

507

26%

5c

5

4.48%

preferred

Southern

33% May

110

21 %

a29%

_25

Ltd

38%

39%

26 %

26%

400

39

a45 %

'

5% Mar

3% May

3%
33%

Pacific Oil & Gas Development—33 % c
Petroleums

9% May

|

29% Mar

—

Pacific

9 %

•
7.50

——

preferred

Southern

Feb

327

25

Corp

Jan

37

Apr

4.56%—

pfd

6%y

;

preferred

Soutnern

Feb

23%

3%

__

25

preferred-———

35

May

5%

31%

20

25

preferred—

Lighting

3£L.

23%

—

25

preferred—

red( preferred ser A_

Pacific

Jan

Jan

*

5%

20%

Jan

125

__

lo

preferred

red

29%
4%
23% 23%
a29 a29%

a29%

,„5

Aggregates—

Corp (Un)
& Electric common

Paglfic Gas

755

Jan

31%

A

common

Co__.

Pacific

12

(Un).

Co

18%

29%
4%

„

__

20

(Un)

18%

29%

18%

13% May
17
May

900

33%

25
25
100

.L—_-

Pacific

57% May

Jan
Feb

•
15

Co com

Edison

Preferred 4.08%

36

Jan

14%

__

1

•_

pfd.

Feb

34

131%

new

com

22% Mar

Jan

14

14%

10

(Un)

(Un)...,

Apr

52%

280

May

1.05

Apr
,

ConV

National

327e

185

34%

34%

10

Sinclair Oil Corp (Un)
Socony-Vacuum Oil (Un)__

20%

•

(Un)

Jan

20

-

Shell Oil Co

a28

79c

5

.

Montgomery Ward & Co.

26

a57% a59%

.•

(Un)

Apr

20%

__

10

Co

Power

(Un)

907

40

(Un)_1.40
:
1

common

3%

1,100

*

Utilities

31%

132

Roebuck & Co

Sears

Shasta

14 'A May

3'/a

__

10c

(Un)_

& M & M Cons

Montana-Dakota

a57%

__P.10

—

Schenley Industries
Scott Paper Co

Mav

3%

—

P10

Mindanao Mother Lode Mines

40% May

38

Signal Oil & Gas Co class A
Merck

Feb

Feb

14 J/4

St

25% Mar

365

5
18

(Un)

Inc

Co

21% May

36%

33

132

5
10
5
—10

(Un)
(Un)
San Diego Gas & Elec
San
Mauricio Mining

Jan

20%

5
41

Corp

Matson

59% May

15% May

637

31

10

Safeway Stores Inc

Jan

a24

5

(Glenn)
Chemical

Jan

11% May

100

pfd

S and W Fine Foods Inc

1

Calculators

Marchant

48%

Jan

Feb

•

(R H)

& Co

991

59%

8%

—1

—

Eldg Co 6%

36% Mar

St

Macy

A

class

Co

497

39%

1

•
(Un)—25

Corp

High

Low

11%

38%

3D %

lu

1

Range Since Jan. 1

High

a21 % a21%

—1

—

Shares

58 %

•

Oil & Gas Co.

Reserve

Reynolds Tobacco class B (Un)
Rheem
Manufacturing Co

for Week

10%

—5

Co (Un)
Corp (Un)

Mfg
Steel

Raytheon

Jan

605

,

a82% a83%
47%
48

__

10

62%

237

Range
of Prices
Low

Par

High

Sales

Week's

Last

Sale Price

Range Since Jan. 1
Low

54

2.50

Land

County

—

34%

—•

28

Friday

Shares

69%
25
35

—

MAY

ENDED

STOCKS

High

68%
24

68%

8%

(Un)

Copper Corp (Un;

tiermecott

Kern

•
10
1

(Un)
Laughlin Steel (Un)_„

Johns-Manvllle

Low

WEEK

foi Week

of Prices

Par

FOR

Sales

a39%

1

common..

5%

5%

5%

May

Apr

6%

Apr
Feb

Jan

CANADIAN MARKETS
RANGE

FOR

WEEK

MAY

ENDED

28

Friday

Montreal Stock

Exchange

Friday
STOCKS

Range 1

Sale Price
Par

Abltlbl Power &

Paper common

Shares

Low

Low

22%

22

22%

10,815

25 %

25

25%

1,830

•

8

7%

8

825

20%

20%

20 %

425

common

A

5% preferred
Algoma
Steel

100
«

47

47

47%

880

Ltd

__I.II*

57%

57%

58

5,823

25

25%

25%

25%

415

100

106

106 106%

200

Aluminium

Aluminum Co of Can 4%

preferred

5%* 2nd preferred

Range since Jan 1

High

*

•

preferred
Acadia-Atlantic Sugar
Class

of Prices-

25

$1.50

103% 103%

35

pfd—
50
Anglo Canadian Tel Co 4%%> pfd—50
Argus Corp Ltd common
•
4% %
preferred
100

Anglo Can Pulp

Sales

for Week

High

16%

Jan

22% May

25

Apr

26%

6% Mar
17%

/.

Feb

20% May

Jan

103% May

39% Mar

48 % May

46

Jan

23%

Bathurst
Class

Bell

58%

Apr

Brazilian

Feb

26

Apr

British

108

Est quotations
Canadian Stock

all

Apr

Exchanges
through our Canadian
affiliate which has a
direct private wire
from coast to coast.

Brit

Col

I

Co., Inc.

Tel: HAnover 2-9250

15 %

15%

15%

4.425

12%

Jan

15% May

94

94

75

82%

Feb

94

May

30

30%

2.080

Apr

Jan

31

May

170

91

May

92

May

13

485

1U%

Feb

16%

A—•

46%

46%

47%

345

40%

Jan

48% May

24

24

24

43

42%

43

Elec

Bruck

Mills

Building

I

24%

Feb

Gold

NEW YORK

Dry

Jan

Jan

24

May

43 % May

9%

Apr

8

8

8%

4,321

6%

Jan

26%

25%

26%

5,990

20 %

Jan

26% May

100

81%

Feb

91 % May
102 % May

90
102

102

19

91%

Jan

52

51

52

286

48%

Jan

52%

Apr

6%

6%

6%

1,876

5%

Jan

6%

Jan

•

23%

23 Va

23 %

735

17%

Jan

23 % May

25

41

40 %

41

2.201

35%

Jan

41

*

4.15

4.15

200

4.00

Feb

•

a40

a40

10

35%

Jan

5

6.00

6.00

500

5.65

Feb

4%

pfd

100

Power

Telephone
class

B

Dredging

Dock

Co

Power

Jan
Feb

8% May

*

8%

8%

8%

400

105

105

107

611

85%

Feb

107

May
May

Corp
—

30

30

30

353

28%

Feb

31

22%

22%

22%

460

19%

Jan

22% May

al2

al2

10

IG.%

♦

common
—

Feb

12% May
104

May

104

104

55

100%

Jan

*
50

25

25

25

252

24

Mar

28% May

13

13

13

206

12%

Apr

13% May

*

26

25%

26

2,780

21%

Jan

26

100
"

Breweries

7.25

10

1st preferred

Steamship
preferred

May

20

$1.30 preferred
Iron Foundries

Canada

8 % May

5.00

41% May

*

Ltd class A

common.—

Northern

V
1

100
—_—100

.

Canada

Canadian

19

39%

Forest Products...—•

Ltd

Canada Safeway

325

7,514

102

Co

Cement

•
•

.

90

Products

Burrard

Teletype: NYl-1979

Light & Power

Columbia

Canada

'

46

91

Oil common

Columbia

Canadian




Traction

preferred

Bulolo

30 Broad Street

53% May

Jan

25

class

Paper

preferred

British

57c

For footnotes see page 47.

&

American

British

W. C. Pitfield &

Jan

39%

*

British Columbia

on

48%

60

13

B

5%

Orders bandied

245

45

91

Ltd

Power

4%%

on all
Canadian securities.

53%

13

class A

Teleg

&

Telephone——

Feb

104

High

Low

53
45

"

*

Tel

Steels

Atlas

Range since Jan 1

High

45

53 %

*
*

Corp-common.—

Associated

Shares

8% May

Feb

10O

-Asbestos

Paper

&

for Week

Low

Par

Week's

Last

Range

Sale Price

Canadian Funds

Sales

Week's
of Prices

Last

STOCKS

May

Volume 179

Number 5329

The Commercial and Financial Chronicle

...

(2403)

CANADIAN MARKETS
RANGE

Friday
STOCKS

Week's

Last

Canadian

Bronze

common

Canadian

Range

Canners

Canadian

Car

Class

&

$1.75

Canadian

Chemical

Canadian

Oil

Canadian

Petrofina

Consumers

16% Mar

20

3,005

19

Mar

19

1,950

18

May

•

100

Railway
pfd

24

19

18

25%

•

8%

1

28%:

-

Coal

15

990

12 %

5

Jan

1,475

12

Jan

5,365

17%

Jan

600

100

6

25

f

11%

Jan

13

Thrift

42

14

May

17%

17%

4.233

15%

Dominion

Corsets

pfd__

25

7%

7%

7%

350

13%,

100

15%

15

15

230

103

20

a

17%

15

12

12%

3,340

13%

al5%

•

com

Preferred

15

15

100

7%
<fc

pfd—__

103

_____20

Coal

12%

Dominion

Stores Ltd*
Dominion Tar & Chemical common•
Red pfd
23 %
Dominion Textile common
•

preferred

25'/a

25 Va

25%

3*8

8%

22%

23

Dow

Brewery

Paper Co class A

19 %

Ltd

19 V8

25%

25

25 Va

25

25%

'

103

Jan

alO% alO%

Apr

13 Va May
25% May

Jan

20%

8%

Jan

6 Va

23%
8

Mar

142

Jan

18%

Jan

23

Jan

19%

Jan

17%

17%

17%

695

12%

Jan

19%

18%' 19%

7,450

15 Va

Jan

*

Cotton

24 %

1,885

20%

Jan

4Va%

_

preferred

5%

preferred

General

lQo

Bakeries Ltd

General

110

110

70

*

6 Va

6%

140

49

50 Va

2,090

____.

Dynamics

General

3

Motors

Howard

&

Smith

$2.00

Alabastine

Paper common

Bay

Imperial

Accentance

preferred

7%

Zellers

Limited

6%

preferred

common

Lake

the

9%

Feb

10% May

23%

Jan

25 %

6 Va

6%

100

44%

46

4,467

87 Va

87 Va

205

Co

Royal

12

1,530

60

1,230

50

Jan

60% May

40%

285

35

Jan

41

101

54

*

22%

22%

22%

1,216

83

33

85

375

29 Va

43%

41%

36

Jan

44

46

46%

527

42 Vs

Jan

46% May

45%

46%

250

41 Va Mar

46 % May

27%

Jan

30%

Jan

37% May

45

46%

3,017

45

18

&

...

Ltd

Co

class

4,400

13

Jan

19% May

19

50

18

Jan

19

920

a8 %

a9

60

8

Feb

9

Jan

al40

al40

2

140

Jan

140

Jan

20

Apr

<■

A

.

a20

_.

_

a20

20

20%
18

9%

9%

Feb
Jan

20

%

Apr

Apr

18%

Jan

81

6,940

36%

4.25 May

18

1

9%

•

1

17%

275

a83

Jan

84

Jan

7%

9% May

Jan

36'A

35 %

%

Jan

15%

16

450

15

Apr

»

common

class

25%

25%

26

743

23%

Jan

26

May

25%

25%

25%

438

23

Feb

26

May

16%

340

15%

Jan

16%

16%

17%

1,480

104

104

25

«
_

_

A

a

__

al5%

16 'A

.»

17

&

Chemical

11%

5

com

Car

11%

_

150

26

*

Ltd

Mills

68 %

850

32%
151

151
25

63

63

20

63

*

41

Placer Development.
River

Co

Ltd

common.

•
_

34%

Power

___.

common

Co

17,005

Canadian

Power

Sugar

•

19%

19%

1,855

Ltd

Crown

May
May

Feb

12

Jan

13'/a Mar

62

62

•

pfd

45%

45 3A

1

Inv Ltd

Lumber

Co

Products Ltd

*

,

Ltd__

class

Enterprises

Zellerbach

*

5%

red

Federal

Grain

Co

Motor Co

class

of

Great Lakes PaDer Co Ltd
Felt

Co

Inter-State
Int'l

Ltd

100

20

Jan

26

40c

100

26c

Feb

40c

3.65

410

Feb

3.75

a52

1

39

Jan

50

May

14

85

Jan

85

Jan

A

Utilities

Feb

26% May
36

Feb

69% May

Mar

33
152

Jan

Mey
Mar

22%

200

Jan

25%

Apr

60

Apr

74%

27

40Va

Jan

50

1,145

34

Jan

47

Apr

23%

23%

24%

700

20

Apr

25 %

Jan

14

13%

14

985

36

36

60

20%

70c

Apr

47%

Feb

24

Mar

29%

Apr

26%

—

20%

100

1.80

2.05

7,685

93%

96%

945

al25

96%

14

May

Jan

al25

5

26%

26

26%

8,085

37

37

37

200

18%

36

May

19

10

50

1,205

4.10

3.00

3.00

al2%
8.00

10

May
Jan

s

37

May

10

May

5.00 May

3.00

175

12%

240

9

Jan

12 % Mar

8.00

a

325

57/a

Jan

8% Apr

Feb

3.00

Publishing Co of Ottawa Ltdx*

14%

14%

14%

Canadian

Corp—il

a3.25

a3.25

i a3.30

95

3.30

Jan

3.30

Jan

Co

18%

18%

325

15 Va

Jan

18%

Apr

61

61

600

54%

Jan

61

8%

8%

275

7

Jan

a98 a98 %

20

94

Mar

6
,10

10

Ltd

Investment

(Walter

M)

•

MacLaren Power & Paper Co__

;___*

Maple Leaf Milling Co Ltd
McCoIl-Frontenac
Melchers

Oil

Distilleries

Ltd

61

•

4%

pfd_:

100
—*

4.00

4.00

alO

alO

1.45

com

preferred
Mercury Mills Ltd
Mersey Paper Co Ltd

1.45

1.45

4.00

_10

85

■

14

Apr

14% May

l
.

400

4.00

4.00

Jan

10'A

Apr

1.35 May

1.45 May

90

165

88

Apr

91

5

34%

34%

34%

1,440

28

Jan

35 Va

29%

29

29 %

600

24%

Jan

30

Jan

34 Va May

113

Power Corp of Canada

6",'c

N

C

partic

G'A

2nd

1st pfd__100

pfd

Quebec Telephone Corp

_

37% May

Reitmans

16

Apr

Russell

24 %

$4%
f 37

822

22

Jan

25

Southern

Canada

175

23

Jan

38

Apr
May

Standard

90

88

74

Feb

90

Paving & Materials Ltd

May

Stowell

11%

950

40

11% May

13%

&

MONTREAL

STOCK

Dame

St.

Telephone
Branch:

5

Branch

5

110%

Mar

62%

85

56'A

Jan

62 % May

29%

30'A

319

13%

Feb

33

May

15

May

all2% all2%

29 Va

al5

Jan

(Can)

Ltd

Screw

Co

common

Ltd

Industries

Power

Ltd

6%

class

pfd—100
A.

"
.—

al5

22'
19

al5

150

9

Feb

a!7

150

17

May

al32

22

124

Jan

132

22

22'A

1,125

20'A May

24

Apr

19

a

16%
al32

*

19

25

19

19

May

6.300

May

19%

Feb

May

Feb

1__—

Oil Pipe Line~.

39%

40 Va

*

39

39

39

150

•

29

27%

29

1,345

32%

Jan

40 Va May

35% Mar

39

May

20

30

May
May

Jan
■■

j
•

—

,

39

225

al4% al4%

25

9Va

545

39

*

EXCHANGE

33 %

Jan

42

13

Feb

14%

Feb

9% May

10%

Apr

EXCHANGE

EXCHANGE

9Va

West, Montreal

Phillips

Square

Mining
Aconic

Office:

St., New York City,
SHERBROOKE

Hotel

a22% a22%

f CHICOUTIMI

ST. JOHNS, P. Q.

Ahacon
Arnora

10

a21

75

a30

Ltd

a30

112

20%
17%
30

Jan

23

Jan

20 Va May

Mar

Mar

32

Jan

3.60

Apr

Stocks—

Mining

Ameranium

HAnover 2-0575

9%
a20%

.5

Windsor

PL-9501

1203

Apr

May

HART

STOCK

STOCK

Jan

May

62%

__

___50

*

common

Jan

Jan

90

*

common

May

Jan

Jan

•

Corporation Ltd

May

8% May
98

Minnesota & Ontario Paper Co

35

J

Feb

Journal

13%

90

Apr

Apr
26% May

Jan

Jan

a5.25

__

124

33%

10

*

100

Jan

104

a4.50

*

2.20 May

Jan

Jan

10

—

20% May

Feb

1.20

63%

a5.25

A

31% •Jan

11%

May

Mar

12

27%

♦

Ltd

580

24%

Jan

80c

Mar

London

Feb

40
,

3.490

Apr

3,146

a

_*

pfd

Ltd class A.

(Can)

3.35

70c

•

1

Corp

Mines

Lead

Mines

Ltd

Ltd.

Sulphur Mining Corp.
Ascot Metals Corp Ltd—

3.45

3.45

3.45

500

18c

18c

4.500

2.90

3.15

5,300

1

6 Vac

9c

34,000

1

48c

48c

1.000

15c

16c

12,000

1
*

1




May
May

26

Feb

49%

1

I

Jan

'

Corp.

1,189

CANADIAN

-

May

14

*

1,720

TORONTO

TROIS-RIVIERES

70

Mar

44%

•

40

SAVARD

-

Apr

13

49

39%'

QUEBEC

62

60

3.50 May

43

*

com

class

Royalty class

Paints

Interprovincial

Class B

William

10

*

Securities

Trans Mountain

62

65

al4

a70c

•

■37%

35

Local

12%

49 %

__*

•15%

90

Notre

Jan

Apr

44%

A

15

■...—

230

2.50

10 %

a52

•

class A

39%

•

MEMBERS:

100

125

•

Hayes Steel Products Ltd
Hubbard

Feb

3.50

a88 % a88%

Goodyear Tire & Rubber of Can Ltd.*

Hydro-Electric

Apr
May

5%

Jan

5

Ltd

Can

86

4.70

a 10%

26

1

Corp

Manufacturing

Ford

48 %

Jan

40c

100

Dominion Engineering Works
Dominion Magnesium Ltd
Dominion Oilcloth & Linoleum

Fleet

63% May

Jan

3.60

40c

*

pfd

Jan

35
82

65

65

*

A__

51 Va

136
125

a 10%

*

class

25
932

al4

al0%

*

A

Apr

46
4.75

3.50

*

Co

19%

62

4.75

,

Feb

Jan

17

5.25

86

„

85

100

13% May

May

Jan

150

19 Va

*

com

5%

Paper

Westinghouse

Ltd

Jan

Apr

B

Cinzano

8%

May

Western

Food

Mar

52

Canadian

Class

May

10

4.90 Mar

Canadian
Catelli

16

Jan

5

Trust

&

Jan

1.00

Jan

9

a5

37%

_

Ltd

May

13%

200

a5

40

preferred
Oil

50c

150

10

l

37%
—.

*

100

16

10

Lowney

30% Mar

155

28

34 %

•

TransDort

Paper

41

26%

•

Corp of Canada
<te

40

28

34%

Company

18

104

58

155

50c

16

Moore

•

Penmans

Jan

25

110

—

*

Tubes

16% Mai-

32%

20

25

—

32%

50c

50c

Apr

2.60 Mar

102

G%

,100

Products

25

69

9%
12

575

35

68'A

•

common

26%

35

_

'36% May

16% May
99% Mar

400

al3 al3 %

26%

Weaving

a

26

1,171

May

Apr

18%

1,170

18

___

OH

1.75 IJan

5

a83

»

priority
..

Mines

Page-Hersey

4%

15% May
14%> May

Jan

4.25

—

75c

10

Jan

Jan

Co___

Apr

14% Mar
10%

.

Royalite

Mar

19%

100

_

common

Wire

Steel

Rolland

Apr

32

140

Jan

19

al3%

Flour

Quebec

20

Jan
Jan

•

Drug

Bros

Feb

4.25

a8%

_

....

preferred

Power

Jan

19

*
_

Bloedel

National Steel

Price

Apr

"Jan

4.25

Ltd

750

High
31% May

Jan

7%

49'A- Jan

Consolidated Div Standard Sec cl A—•
Consolidated PaDer Corp Ltd
•

19%

90c

Low
25

88

Combined

50

6,645

190

Apr

—20

Locomotive

Provincial

May

85

28% Mar

1,950

680

9%

196

16 Va

15

31%

9%

51

15%

14%

30'A

9%

102

4,000

15

31 %

13%

16%

14%

High

51

Industries
Marconi

Range Since Jan. 1

Low

,

13 Va

Dredge & Dock Co Ltd
Inv

Shares

100 %

Co

Dominion

Inter

for Week

51

Claude Neon General Adver class B
Preferred

Preferred

Powell

Canadian

&

Sales

Range

13V*

Feb

14%

Week's
of Prices

100%

Jan

~

1%

Butterfly Hosiery

Exchange

Funds

*

31%

—

Jan

1

33

a

(Robti

Ontario

26%

17

May
46 % May

•

2nd

27 Va May

B

Ogilvie

$3.00

30% May

•

A

.

Breweries

Noranda

Jan

Mar

28%

Feb

36

pfd_.
Ltd

common

1st, preferred

Apr

70

*

21 %

..

Frcntenac

Niagara

Jan

138

37Va

85c

275

15

class

f'\"

•

Last

2,509

8

May

31 % Mar

*

Co

Canada

May

78

95

29 Vs May

Mar

33

Ltd

Company

*5 conv

Apr

7%

19

645

Apr

110

32 Va

a20

2,971

25 %

230

26%

al40

44

28

)

420

32

30'A

30

Jan

•

9% Apr1
V

36

26

30

29 Va

20

v

20% Jan

30%

26%

al40

250

37%

32%

al9%

25

7% Feb'

30

5

Massey-Harris-Ferguson

National

May

134% May

128%

...

&

Brown

Feb

160

30

Apr

25

Columbia Packers Ltd class A.*

Canadian

500

19%

Apr

17

125''

36

Class B'

41% May

67 Va

20%

Morgan

Bickle-Seagrave

47

66 Va

a

96

165

9

37

Pulp & Paper
Development Co
Corporation Ltd

"

Jan

67%

_

Corp

Mitchell

"

Jan

7.50

•

2

al8

9

May
102% May

30

Par

Canadian

34 Va

.100

101

al7

,

Jan

12

37%

Anglo-Canadian

Canadian

39

common

101

al8

Friday

May

2,320

16%

Feb

11

39%

Sale Price

87 Va May

6,595

885

10

May
13% May

Apr

59%

Canadian

46

41%

31

11%

60

Canadian Stock

Jan

46%

30%

3.45 Mar
140

Jan

11%

.10

Jan

46

common__5

32% May

Jan
Jan

2.59
131

555

Apr

10

34%

40%

Ltd

23

May

35% May

40'%

-10

84

41%

(John)

preferred

Montreal

Jan

46%

134% 134%

36

Jan

6

*

Woods

.

Bros

Class

28 Va

*

common

Lindsay iC W) 6 Va % pfd

Molson

May

1,120

common..

Acceptance

B

McColl

Apr

47 Va

3,296

Pipe Lines

Preferred

5%

50%

Jan

25%

Warrants

Mailman

Jan

38

24%

__100

Secord

MacMillan

Apr

24%
46

34
40

Mar

29

4,084

13%

21 Va May

Jan
Jan

46%

25

Lauren tide

Lewis

41

24% May

____25

100

Utilities Corp

Limited

Class

Jan
Jan

10%

common..*

8

Jan

10%

preferred

Laura

16%

44 %

4.421

29

3,200

13%

May

32%

370

3.20

•

70% May

Apr

10%

36

31%

3.10

May
May

17

.10

Brown

Public Service Ltd common..*

of

7%

25

3,100

31%

al35% al35%

35
28

14% Mar

496

■:

35%

31%

Jan

15

Jan

May

25

23%

34%

10
—

Arcan

Jan

14 %

_5

common

Preferred

Labatt

48

75

—25

_

.10
Toronto

British

47 Vs

200

%

70
615

200

,

Banks—

*

59

40

Canada

Interprcvincial
Jamaica

19%

48

Power

International

1,361

46 Va

34

*

5

35%

;

Petroleum

International

1. V

Corp

____-,

Paper

International

24

47

20 Va

34
a39 a39

*

Anglo-Nfld

35%

preferred

International

32%

23%

95

1.930

19%'

35%

100

6% May
52% May

•

preferred
of

550

23%

£1

$4.25

Nickel

41

48

Ltd

i^.uu

Intl

40

-

*

preferred

Industrial

14%

50

Imperial Tobacco of Canada
4%
preferred
6%

69%

15

15

Feb
Jan

7014

•

.

Mining

Oil

35

40'/a

70%

17

34

__

24% May
18% May

Jan

5%

*

;

preferred

Hudson

104

"

General Steel Wares common

Gypsum Lime

50

5

27

a39

*

Ltd

Winnipeg Central Gas

24% May
110% Apr

24%

34%

*
*

common—

19% May

24%

-

34
27

•

25% May
11% Apr

9Va Mar

2,825

•

May

19% May
25% May

24%

•

May

50

Aptf-y-v

Apr

15%

50

Apr

Feb
Jan

140

24

common

48

Feb

--Q

_

Jan

24~%

common.

Power

May

Jan

44%

19%

STOCKS
Gatineau

119

39

175

__

pfd_

Jan

•

Foundation Co of Canada common.

«

Ltd

(Geo)

Wilsils

Feb

1

Corp

115

4,464

49%

17

•

common

May

16 %

Jan

7%

175

55

47

49%
34

*

Oils

Weston

Feb

15

Apr
Jan

18%

1,210

25%

1

Canadian

8%

9% Mar

350

_•

Electrolux

Ltd

19%

119

45%

*

'

20

pfd

13%
15%

9

119

47
'■

13%

May

17

2,896

6 %

140%

119

19 % May

Feb

'

*

Eddy

Apr

18

Apr

100

45

6%
6%
140% 140 %

31% May

12% Mar

5,290

23

7

Jan

16

150

8%

_____100
Ltd

17%

a

•

13% Mar

a

_»

__:._35

Stores

Triad

Apr

17%

♦

com_

51% May

*

com

Power

Tuckett Tobacco 7%

May

Jan

%:

Jan

_

Wabasso

Jan

36

27

Canada

Walker Gooderham & Works

10

90

8,655

101% Mar

37%

*

common

29% May
13 % May

400

14

Jan

2,422

■*
_

Steel Co of Canada

Jan

13

31%

93%

51%

50

Simpsons
Canada

40%

14

3

49%

100

*

Co

40

30%

of

102

common

Sons

Southern

12%

14

&

Southam

13

30%

(H)

Mar

29% May
8% Jan

Feb

1,185

Williams

Breweries

High

Low

102

27

—

common

preferred

May

May
26% May

Jan

575

4%

Range since Jan 1

High

102

22 %

,

Feb

0

10%

:; Jan

24% Mar

7% Mar
21%

29%

'

Simon

105

20%

16,491

Sicks'

Jan

17

Jan

4,471

8%

Jan

19

A

Sherwln

9Va

Jan

100

12%., 12%

12%

33% Mar
24 %

:

Feb

A___—*

Dominion Dairies 5% pfd__
lj'bunion Foundries & Steel

Co's

May

2

6%

Corp
Players

Mar

7

18% May V

40

class

new

Dominion

Bros

;^26%

8%J
^

Co

Ltd

Bridge

Steel

21

29

Series

Shares

51%

Shawinigan Water & Power

.

Co

Glass

Va^_

27%':f29%

29 %

•

.

.

24

25%

29%

•

Seal

..

23 7a

*

____.

&

7%

__

•

Mills

Seagrams

Dominion

Fraser

100

*

Cork

Famous

25

10

Glass

Leather

7%

600

595

25
•

A

31

7%

16.; 16
15%
15V4'il5%
al04Va a *04%

1*

Ltd

31

18%/J8%

7'/a
18*4

—

Textile

class

31

•

__*

100

pfd

Lawrence Corp common
St Lawrence Flour 7% pfd

21% May
24% Mar

Class B

Donohue

May

6.195

22%

for Week

Low

St

21%

Farm Eaulpment
Mining & Smelting

Consolidated

Dominion

Jan

18%

Vickers

Dominion

30

20%

Cockshutt

Davis

Apr

18'/a

Cellulose

preferred

Pacific

Distillers

22

22%

Companies

cumulative

Crown

Saguenay Power 4%%

18%

25

&

Canadian

Corbys

Jan

235

24 %

36

Sales

Range

Par

31% May

•

common

Locomotive

Canadian

Consol

24 %

High-

175

20*4

common
__

Capadian Cottons

Canadian

Low

33

Week's
of Prices

Last

Sale Price

20

Celanese

series

28

STOCKS

•

common

MAY

Ranf e Since Jan. 1

High

32

•

Foundry

A

Canadian

5%

Ltd

33

ENDED

Friday

Shares

Low

*

WEEK

for Week

of Prices

Sale Price
Par

FOR

Sales

18c

3.15

15.C

2.85 Mar

10%c

Jan

2.52 j Feb
6c

Mar

31c
3.80

11c

Jan
Jan
Jan

Mar

54c

Mar

14 %c May

35c

Feb

38c

43

44

(2404)

The Commercial and Financial Chronicle

...

Monday, May 31, 1954

CANADIAN MARKETS
RANGE

Canadian Stock Exchange (Cont.)

week's
Range

Barvue

Mines

Mines

Beaucaee

Ltd

Shares

Low

Mines,

Ltd

Rare

Metals

'

Ltd

Ltd—

Sale Price

Low

6c
1.63

300

L.40 Mar

1.64 Mar

4.7d

28,001

2.90 May

4.75 May

9c

9c

4,000

5c

6%c

Apr

9c

1,000

5c

Feb

9c

37c

34c

37c

6,000

31c

Feb

60c

2.00

2.00

2.03

4,406

vtc

2.00 May

Okalta

Phillips

1

9c

9c

9%c

14,000

5c

Feb

14C

Mar

1

10c

10c

10c

1,000

10c

Apr

15 %c

J an

Mines

Ltd

&

Smelt

Corp Ltd

1

11

10%

11%

900

1

1.30

1.05

1.40

38.050

2.95

3,000

aU.50

100

9.00

12%

Apr

Oil

Uranium

Mines

Ltd

Campbell Chibougamau Mines Ltd
Canadian Collieries

Carnegie
Celta

Mines

Dev &

(Dunsmuir)

1

Mining Co Ltd

Cobalt

Explorers

Cons

Mining

Consolidated
Consol

Corp

Candego

Centra!

Ltd
Ltd-

East

Sullivan

Eastern

1

Eastern

El

Sol

Fab

Smelting
Gold

Metal

Giant
Gui

Yellowknife

Por

Gunner
Read

Gold

Uranium
Gold

of

the

Lakes

360

51c

46c

53c

118,200

4.00

3.90

4.00

1,700

.95c

94c

95c

6,700

2.75

2.45

2.75

10,025

9c

9c

9c

1,000

20c

9.25

1

Lavalie

Asbe.si.os

Mines

Mines

Ltd

Merrill

Island

Mining Corp
Mogador

Mines

Molybdenite
New

Formaque

Pacific Coal

"U"

Mines

Mines

Ltd-

Que

44c

8.55 Mar

26%c

11

Jan

43c

16%

45c

Jan

88c

May

7c
17c

10c

10c

2,000

8.85

8.85

12c 12%c

17

13 %c Mar

38c

__

1.07

__

1.17
__

16c

Mar

7.50

500

10,500

11c

Jan

__

2nd

24c

May

Gold

Fields

Ltd—1

Quemont

5%c

Feb

3%c

Feb

18c 22tic

26,500

13c

Jan

22 %c May

64%
31c<

14%

1.800

39c

230

55c

54%

Jan

7,100

20c

Feb

10%

Feb

19c

20c

20c

3,500

1.19

15,700

5 tic

2,500

5c

1.05

1.22

16,500

99c

8.000

17c
9c

6,000

Mining Corp
Royran Gold Fields Ltd

•

10c

8herritt-Gordon

%

Miller

Siscoe

Gold

Mines

Mines

16c

2.40 Mar

12%c Mar

Athona

350

3.50

Jan

4.00

Feb

Aunor

3.00

3.00

200

2.53 Mar

3.20

Feb

Auto

Soma-Duvernay Gold
Stadacona

Mines

23c

Jan

Aubelle

1.95 May

Tache Lake
Tazm

Mines Ltd

Mines

Tiblemont Gold
Trans-Dominion
Trebor

Mines

Mining & Oil

Ltd.

Mines

'ntted

Keno

United

Mines

Violamac
Weeden

Mines

Mar

10

3.90

4.00

500

i.n

1,15

2,700

93c

Jon

38c

38c

2,000

37c

Feb

2,506

3%c May

3.75 May

4.25

Barnat

33c

Feb

24c

May

7.95

7.85

8.00

5,175

6.50

Feb

8.60

Apr

Base

1.99

I.99

2,00

2,500

1.70

Feb

2.35

Apr

18c

Jan

Baca

Barvue

4%c Marj !

6c

Oils

Canadian

Lands

Admirals

Canadian

Devonian

Rights

10c

8c

i0c

8c

May

16c

5c

6,000

4%c May

14c

-Jl

1 65

II,500

1.25 Mar

1.86

1 76

1 86

102,950

12c

he

5,5C0

i2c

13%c

10c

3.000

13c 13%c

1.14
10c

1.500

3^90

1.000

35c

37c

2,500

37c

1 Q3

__

__

1

__

25c

33c

•

Ltd—L__
Oils

Rio

Empire

Producers
Oil

Federated

&

Ltd-

—

Ltd
Inc

Great Sweet
home Oil

9or

Grass

8c

18%
8%c

18%

10

12%

13

1,060

—1

6%c

6%c

6%c

7.000

:

18%

1

—

10c

19

Jan

8c

20,800

12%

15%

340

10c

_*

B

Apr

6c

6V8C

t.M_

Jan

Feb

11c

May

Jan
Mar

1

Mines

8%c

8c

9%e

13,000

Jan

13c

1

.'

——

_—

16c

15c

16c

3,899

15c

May

39c

10c

10c 10 %c

1.850

9%c May

15c

Feb

1.96 Mar

2.45

Jan

__1

—

Mines

2.25

*

common.

Ltd

2.20

1

11 %c

2.35

1.800

9%

__

9%

120

50c
—_1

—

•—

10

Traction

43%

44

8

10c

*

46 %

46

46%

1.190

46%

45%

46%

755

42

.*
——

—

4%

4%

Apr

22c

Jan

19%c

Feb

Mar

1.12

1.10

1.15

9,407

1.48

1.70

5.40

8%c




41

Jan

May

15.940

Jan

5%

Feb

1.39

Jan

2%

Ltd

1

1.70

65c

70c

1.120

•

1.88

1.88

1.94

3.125

*

17c

I4%c

17c

3.700

14c

Feb

19c

Apr

——*

38c

30 %C

38c

42.450

29c

Mar

64c

Jan

*

20c

18c

22c

23.900

18c

May

35c

35c

2,450

46Ya':

46'/2

47:%

225

41%

Jan

48% May

18

Jan

24

18c

Jan

__

Metals

J

Mining

Uranium Mines
Petroleums

——

Ltd

—

Mining

I
*

I

1.35

50c

1.70 May

Jan

90c

Jan

2.00

1.40 Mar

-

Apr

Apr

27 %c

Feb

47c

Jan

30 %c Mar

Class

B

100

34c

5.700

1.86 May

Beatty

•

17 %c

Bros

j 79

30c

Mar

Bell

Jan

4.40

Apr

3.40

Feb

7.10 May

5.25

1
—

—

Telephone

35c

May

1.63 May

1,700

Bellekeno

7.10 May

Beta

1.00

Bevcourt

2.15

Jan

25

27c

63,4

7

385

3.45

4.85

87.242

52c

65c

17.600

38c

Jan

15c

May

Biltmore

92c

Mar

Bobjo

Mar

5.35

2,300

5.05

Jan

5.60

22c

25c

20,600

19 %c

Jan

36c

4.65

100

3.80

Jan

5.35

Feb

30c

33c

1,900

Apr

40c

Jan

13%

Mines

2.325

39%

Jan

43% May

17

7.000

13c

Feb

24c

ADr

18c

21.100

15c

Mar

43c

Jan

20c

22c

23.700

18c

Feb

35c

Jan

9c

Feb

14c

Mar

9%

May

43

20%c

1

10c

4.900

6%c

9%c

75,500

5%c

Feb

13%

13%

25

13%

Apr

14

26'/4e

26c

28c

8.167

22c

Feb

42c

—_i

j

class

1

12c

1

Hats

15V2C

14c

16c

16,400

14c

May

25c

——1

7%c

7%c

7%c

1.500

7c

Apr

.1

11c

9%c

12c

21,666

—

A

pfd.

Gold
—

—

—

1.75

2 00

12.000

12c

16c

25.550

1.42

1.42

200

1.42 May

1.65

5.60

5.60

100

4.00

—

7c

*

__

1.95

1.95

3.65
34c

1.40 Mar
12c

1,000

25c

25c
3.05

1.70

500

2.25

3,300

1.75

175

22c

50c

65c

300

1.50

16,300

3.85

May
Feb

Jan

May

2.90 May

700

3.85

Feb

May

40c
.

Gairdner 8

4.15 Mar
48c

Jan

2.95 Mar

30c

2.50

45c

40 Wall

May

Mar

WHitehall 4-5335

Mai;
Canadian Affiliates

Feb
Jan

Gairdner Of Company Limited

2.25

Feb

Jan

1.20

CANADIAN

Feb

5.^0 Mar

Gairdner, Son & Company

Members: The Investment Dealers'

3.05 May

Jan

3.70 May

—

Members: The Toronto
Stock Exchange

Association of Canada
Investment

SECURITIES

Banker} Association

of America

_1

,7qc

1

rj^c

1.600

1.17
-

1.17

1.17

200

8.30

8.25

8.30

550

70c

1.01
8

May
Apr
Jan

90c

Montreal Stock Exchange
Canadian Stock Exchange

Feb

1.37 Mar

10%

Jan

Jan

Jan

20c

Company Inc.

Street, New York 5, N. Y.

Apr
Mar

10c

9%c May

•

5.65 Mar

9

200

Feb

Apr

'

Apr

1.400

52c

76c

Feb

Jan

29c

2,500

*

40c

Mar

4.85 May

Feb

4.65

__

1

Mines

Boymar

Jan

38c

__

7%

Feb

15

42%

__

•

Gold

Bfdgood Kirkland

May

4.10

__

6%

2.90 May

May

17 %c

43

1

Mines

Yukon

5c ~ Apr

38c

Mines

Gamma

Blbis

Jan
'

28c

Lodge

■&%
4i50
65c

Beaucage Mines Ltd

Apr

50c

"

"i' ■

—n-

rmee

Feb

2.55 Mar

1.10 May

140

1

—

23 %

12%

1
____*

•

*■•»«»

Jan1

10

Apr

12%c May
3.70 Jan

581

10
10

1

30c

37c

„

j

Oils--J—.

May

13c

16%

10% Mar

Wire syitem to all officii

Co LtdJ

footings

class

23%

'

Ventures

Jan

-30c

4.00

—

1

Ltd.,

Jan

63c

23%

12%

*

Minerals

Petroleums

24c

Mar

1

38c

—

Pipe Lines Producers——:—1
Explorers Ltd
4
,—___*

Leduc

Oils

Apr

36c

—*

11.92

1
,

Central

Cordasun

13c

64,800

Beattie-Duquesne

4,10

„

—*

———

Cons Mic Mac Oils Ltd

26,300

1.60 May

Apr
Mar

10c

800

7.10

Central

Consolidated

4.500

15c
52c

8c

8c

4

3.90
7,10

■*

Petroleum

—

Feb

9c

13c

(1937)

Mines

Bordulac

Ltd

12 %c

Feb

Mar

Jan

1.55

1

Oils

94

44c

Bathurst Power class A

Jan

4%c

i.65

•

Ltd—'1

15% May

Feb

Warrants

Jan

4%c

Canadian

Del

Mar

l

Oa'eary & Edmonton Corporation Ltd_*
Canada

Jan

82%

13c

Barymin Co Ltd

|

Ltd——

12%

80

Montreal

oouville

Petroleums

1,180

94

1

Mines

Baska

500

Calata

1,200

15%

94

Jan

Jon

2,000

A

39c

15%

49c

Toronto

Barcelona

Apr

1.19 May

May

78.000

Ltd

Jan

37 %c

94

46% May

9c

15c

Petroleums

65c

39c

15%

44

20c

73c

Antone

Jan
Mar

2.55 Mar

46 % May

566

29c

Bailey Selburn Oils & Gas class

;

May

-

Jan

18,500

12c

Anglo-Canadian Oil Co Ltd

May

37c

6c
35c

Jan

May

8Cc

Jan

24c

73c

Stocks—

4c

17c

600

,

41% Mar

26c

~

Oil

Feb

42

of

3%c

73c

Ltd

13c

1

consolidated

of

19c

14c

Copper

Apr

%c May

10.000

22c

1.10

Apr

46c

35,800

5c

20c

90c

53% May
15

*

of Nova Scotia

24c

1

Products

4%c

7

Jan
Jan
Mar

21c

35%

Bank
Bank

3%c

.1

&

5c
22c

1.10

12

1,020

Jan

Jan

""

__Il

Pyrite

67,000

7%c

Jan

6%c

22c

Western Tungsten Copper Mines Ltd—1

Wendell Mineral

9c

8c

'«=

6.00

48%

500

•

Oils

24c

1,000

28c

Jan

Jan

4,500

Jan

43c

11 %c May

14%

9c

6%c

May

13c

Apr

53%

14

Feb

4.85

105

53

—

6c

23,000

28c

„

Jan

3.80

6%c

Bankfield

7c

53%

1

Jan

23c

Feb

Jan

Jan

1

i_

Mar

2.50

1.80

4c

*

Montauban Mines

15c

8.343

2%c Mar

1
Ltd

20.200
*

Jan

1.03

2.300

2,000

*

.

Corp Ltd

Hill

Jan

Apr

1.97

3c

1

Ltd

Asbestos

United

75c

Mines———

Bagamac

Beaver

Uddlen

3,500

Apr

4.80

3c

1

_

93c

36c

1.90

Banff

1

Fields Ltd

Tobrit Silver Mines Ltd

90c

108
4

4.40

Jan

7C

93c

Jan

1.90

May

18c

7C

Mar

4.70

70c

Mar

__

22c

Bailey Selburn Oil & Gas class A_j.—1

Apr

8c

»

3,800

5.000

40c

\

Ltd

104

29c

May

1.02 May

Bathurst
-

95

27c

9,450

I,000

7.000

106 106%

28c

15c

14,300

%q

106

May

13c

70c

11 %c 11

26 %

11c

8%c

__

58% May

Feb

12%c

61c

50c

Jan

23

12%c

8%c

16c

]

Mines Ltd

46

155

1

■—

14

48

39% Mar

1,410
3,867

1

68c

100

Feb

Apr

4.90 May

58%
25%

—

River

5,800

3,500

40c

47'%

^

Mines

23,000

Apr

Mar

3.25 Mar

,,——————1

Hardware

16c

Feb

26c

2.15

46%

Corp

Electric

1

Rullivan Cons Mines
Surf Inlet Cons Gold

2,958
38,695

Apr

1

Gold

*

Steep Rock Iron Mines Ltd-.

40c

4.90

Aumaque

1

Ltd

Ltd

32c

1

—

Aumacilo

May

_l

Mines

(1944)

Standard Gold Mines Ltd

3.95 May

1.55 May

—100

Mines

95c

__

1.48

3.20

200

4.45

—_—•

Atlin-Ruffner—

3.90

3.95

1.08 May

200

57'/a
25%

common-..,...—

Steels

3.70

1

27.460

1.60

50c

Gold

Ashdown

Jan

Jan

7c

Jan

1.31

3.95

47

Mines—————

Metals

Apr

65 %c

Jan

Jan

3.00 May
23c

28c

85c

May

57%

Mines

Atlas
11 %c Mar

Apr

65c

1.20

40c

-*

Ascot

Feb

9%

3.95

4.75

1

90c

1

-

2,070

Feb

1.55

—

—

Mines

8%c

1
—

Ltd—

71c

8%

8

7.016

1

Ltd

Ltd--

Mines

1.22

75

65c

68c

9%

7% May

100

9%

—

7%

5.35

Bank

Silver

7%

5.15

1.10

191

Apr

—

5.25

24 %c

10c

Feb

20c

6.600

41.400

19

'16c

Jan

7c

48,200

9c

Mar

15c

6c

27c

„

10c

1,000

6c

Armistice

May

14,825

15c 15%c

1

Arjon

Jan

May

May

10c ll%c

Petroleums

Argus Corp

Apr

2.05
31c

81

20 % May
104

11 %c

16c

Area

Jan

15%c

3.10

1.95

„

Feb

15c

94c

*

Jan

100

2.92

12c

l

17

20

25%

Yellowknife--——

-.1

Ltd—

1,120

104

3.10

27c

„

935

20%

15%c

' 1.75

6,700

8

20%

103%

7%

Ltd

Petroleums

Preferred

May

400

2,000

Mar

6%

7%

20%

103 %

.

25

pfd

—

1.75 Mar

Jan

3,00

26% Mar

1

1st

Canada

Aquarius Porcupine
Arcan Corp

Jan

23c

May

39c

12%c 12%c

22% May

Apr

*

of

Rouyn

High

Jan

24%

Apex Cons Res

14% May

Apr

5 tic

16c

Low

16%

1,290

1

auAeuo

Apr

Range since Jan 1

High

*

Anglo

31 %c May

May

1.05

2j%c
14c

Shares

1
*

Anglo-Huronian

Apr

66

Apr

2,550

1.07

for Week

Anglo-Canadian Oil
♦
Anglo Canadian Pulp & Paper pfd—50

4%c Jan

28c

Sales

Range

Anchor

8%c Mar

6.000

14'/,

Week's
of Prices

Lead

American

1

Ltd—1

Apr

Exchange

1

_—

Nepheline

Avillabona

Chibougamau

Quebec Copper Corp Ltd—
Quebec Nickel Corp Ltd.;
Quebec Smelting & Refining Ltd
Quebec Yellowknife Gold Mines

Mar

11,060

*

Ltd

Leduc

20e

„

75c
19c

25 %

*

Consolidated

American

Jan

2,000

3%c

47c

Pacific

Gas

common

preferred

1.90

1

Jan

Jan

22%

*

!

Petroleums

American

18c

3.90

55c

15c

25

*

Distillers

19C

__

500

22

10

Consolidated

Aluminum Co

10% Mar

6%c

3.00

„

2,500

Anucon

9c

3%c

64 %

„

28c

72c

*

—

„——

Aluminium

May

6%c

46%c

common

Algom Uranium Mines Ltd—
Algoma Steel

Jan

i0c

1*%

70c

17 %c 17 %c

Jan

*

Petroleums

Alberta

Apr

—

Jan

2.45

1

Alberta

Jan

20c

Jan

84c

Jan

22

*

—

OiL

&

Alberta1

Apr

18%

„

95c

May

2.00

25 %

'

Albermont

3.35 Mar

Feb

1

Mines Ltd

AJax

May

May

325

12c

May

62c

Low

100

Preferred

Jan

2.00

5.500

18

common

Agnew-Surpass

Apr

12c

b%c Mar

6,000

-4%c

3%c

50c

260

*•

i

A

Gas

Acme

Jan

4c

9%'c

17%

__

7.400

20

Paper common

urelerreo

„ia.ia

Apr

Jan

12

•

500

17%

1

Dredging Ltd

Mar

9.925

Par

Acadia-Uranium

84,700

4c

__

—*

—

69c

Last

Preferred

9 %c May

1

&

Power

Acadia-Atlan

19%c May

1

Preston East Dome

Jan

Mar

Jan

1

Mines

Cons Gold

65c

9.25

Jan'

7.80

28.100

45c

Apr

May

(1945) Ltd——
1
Opemiska Cooper Mines (Quebec) Ltd.l

Pato

3.10

Apr

5c

Obalski

Parbec

2.60

16%
67 %c

17c

500

8 tic

__

*

Corp Ltd—

Abltibi

Jan

leb
Feb

May

Jan

_i

Ltd—

5,085

8%c

35c

14%

Jan

1

Mines—

Ltd

Normetal Mining

19c

48c

9c

1

Oils Ltd

May

62c

Sale Price

Jan

17c

•

Ltd

65c

2.00

Friday
stocks

Apr

13c

19c

1

Canada

Island
&

3.10

Apr

14,000

5

1

400

1.62 May

Canadian Funds

1

8c

17.500

i

of

Mines

Larder

New

Nubar

Ltd

Ltd-

Ltd

Corp

New

Nocana

Mines

Jan

a68c

1.80 Mar

Jan

1.24 Mar

50c

„

Jan

9c

1

Canada

54c

Toronto Stock

Apr

1.42

35c

1

Mining
of

4.50

Feb

9c

—1

Mclntyre-Porcupine

Jan

75c

29c

♦

Ltd

May

1,25

62c 69%c

70c

*
1

Minerals

May

19c 19%c

__

1

Ltd—

Copper Mining Co Ltd
Louvicourt Goldfields Ltd—
Mines

53c

May

19c

Ltd—1

Lingside

Mackeno

16

8%c

1

Co

31c

1.95 Jan
11% Mar

Jan

2.00

Apr

2.45 Mar

2.000

*

Explor

600

8.15

Jan

34c

1

Keyboycon Mines Ltd--—

imiayetle

16%

Jan

3.60
I

600

42c

15%

58c

1

Ltd

6.950

31c

2.68 May

62c

1
--1

Mar

1

Kayrand Mining Dev Co Ltd4
Kenmayo Yukon Mines Ltd

900

1.62

Apr

Jan

67c

—*

Feb

8c

_1

Ltd-

Mines

9.80

41c

16

6c

46c

1,000

9.80

__

20c

May

14

5,100

1

1

Feb

4c

1,200

__

l

Mining &

10c

6,100

Ltd

1.40

Feb

8.00

1.37 Jan

6%c Mar

650

60c

33c

Tqrdun Mines Ltd voting trust

Labrador

16%

59c

__

20c

16 %i

__

16 %

8.40

Ltd

1.50 May

300

a68c

1

Limited
Ltd_

Co

Ashley

!>0

30c

-

Gold

9,500

8.35

Uranium Mines

Kerr-Addison

May

157^

2.83

#1939>

83c

15%

1

Mines

500

15%

Inspiration Mining & Dev Co

Mines

83c

1,000

__

Jellico

Western

30c

Iron

3,500

9.70

3.90

Jan

Jan

2,000

1

Jaculet

Feb

68c

Oil

Westburne

10 %c

7c

5

Lso

ll%e Jan

May

14c

Bollinger Cons Gold Mines Ltd
Hudson-Rand Gold Mines Ltd—

))'

May
May

Metals Ltd—*

Ltd

1.52

31c

31c

1-

Ltd—

Oils

Ltd

Oils

T>i-Tor

Jan

7c

4%c

Ltd—*

45c

7c

7c

•

Feb

43c

12c

7c

l

Mines

Mines

Mines

Ltd

Ltd—

1.82

1.62

—-—-—*

Ltd

Empire Oils Ltd—
Petrol-Cliemical

xrican

500

1,000

4%c

„

1

Mines

Mines

30c

Jan

2.500

1

J

Trans

9.65 Mar

7c

1

Refining

Ltd

Mines

Iron

7c

2.95

Jan

45c

1

Ltd

&

Mines

Falconbridge Nickel
Fenimore

13 %c

l

Mines Ltd

Metals. Corp

1,000

1.25 Mar

2.35 May

May

7.75

83c

__

Ltd—1

Ltd

2.68

1.30

——1

Cons

7c

__

*

Asbestos Mines

5.90

9.60

1

Development

Oils

Quebec

Jan

2.70 Mar

7,900

1

Mines

Co Ltd—

Dome Mines Ltd

Dominion

7c

75c

45c

__

1

36c

1

Cadillac

Cournor Mining

7c

l
1

Mines

31c '

3'dc

*

Ltd

a8.50

—

•

Centreniaque Gold Mines Ltd
Chibougamau

2.94

Ltd--*

Ltd

700

1.50

1.52

—90c
-

Co

Petroleums

Pontiac

Rio-Prado
Calumet

High

6,600

2.68

*

——

Ltd

Petroleums

Pacific

Bouscadillac Gold Mines Ltd-

Ltd—

Oils

Jan

2.80

Brunhurst

Brunswick Min

Low

1.72
7.00

Feb

•

Range Since Jan. 1

High

1.66

————1

Ltd

Dominion Oil Ltd

British &

New

Shares

6.90

1.70

1

Corp

Petroleums

Merrill

Feb

1

Oil

Jasper

Apr

for Week

Low

Par

High

3.50

4.40

1

High

Sales

Week's

Range
of Prices

Last

stocks

5c

—

1

JK

Range Since Jan. I

1.57

5c

1

Belle Chibougamau Mines
Belville Gold Mines Ltd—

Boreal

1

j.

Ltd—

KAY

ENDED

for Week

of Prices

East

Par

Barvallec

WEEK

Sales

Sale Price

STOCKS

FOR

Friday

Friday

Number 5329 ...The Commercial and Financial Chronicle

Volume 179

(2405)

*4

45

CANADIAN MARKETS
FOR

RANGE
Week'e

Friday
6TOCK8

Last

Range

■

/ •'

:y'

,

Cordage class A

Brazilian

fraction

Preferred

_

Lake

Red

8%

400

->

2.95

1.00 May

Jan

Consolidated

May

Consolidated

Apr

14 %

6,959

Jan

9%

98

35

7c

7%c

7,200

49

270

Brilund Mines Ltd

1

2.04

1.85

2.08

1

3.80

3.70

3.95

90

Apr

7c

May

48% May

30,600

Britalta

2,636

Petroleums

1.75

6%

1.80

Allenoee

Central

Feb

Consolidated

Jan

Consolidated

Denison

Consolidated

American

5%

*

Oil

preferred

British

British

_

-50

52

__

Discovery

•

26% May

Consolidated

Jan

102% May

Consolidated

Golden

52

334

48

Jan

52 %

Apr

Consolidated

6%

6%

3,390

Jan

6%

Jan

Consolidated

5%

Columbia

British

Reef

15%

16

10%

10%

10%

23%

23

23%

10,615

17%

28 %c

28c

30c

44,200

28c

Power

Empire

Broulan

16

*

•

__1

Oil

Mines

1

-

1.70

1.70

Cadillac

Mills

class

6

B____,

Brunhurst

Mines

Ltd

Brunsman

Mines

261

13

Jan

16

:340

■

1.72

9

Jan

Brunston

1

Jan

23% May

May

1.70

4,600
300

52,650

8%c

Apr

Gillies

May

8%c

&

Smelting

-

_

—

Oom

__

24 %c

18c

25c

9.25

11%

53,140

_

5 %c

49c

Jan

2.25

Jan

Buffalo

Canadian

Buffalo

Red

Lake

_

7%c Mar

13c

Jan

25c

May

9

Mar

13

55c

May

♦

17c

18c

3,000

15c

Jan

%c

13,800

3%c May
35% Jan

•

Building Products
Bulldog Yellowknife
Burlington Steel

______

40

5%c Mar

Jan

40

&

Co

Burrard

class

class

I

Calgary

Power

Caiman

Flin

Calnorth
Calvan

pfd

_

51 %

Jan

72

266

37%

Jan

58

May

225

18c

&

Gas

41% May

Conwest

Campbell

Chibougamau
Campbell Red Lake
Chnada Bread class B

Jan

70,900

11c

59c

Feb

1

2.80

2.70

2.90

25,400

1

18c

17%c21%c

42,150
474,673

Lead

Orlac

.

Oils

104

Jan

50

100%

Jan

8,000

13c

Mar

17c

May

5.00

3.625

4.30

Feb

104

May

Crow's

5.50 Mar

Crown

2.97

2.95

2.168

7.20

844

48

48

10

47

Mar

49

105

105

106

270

84

Feb

110

30

28 %

Jan

Preierred

Canada

Foils

Class

8.50

Jan

common

_

May

Davis

490

5'%

110

5

Jan

6

Mar

Delnite

11

550

7% Mar

11

May

Del

14%

35

15

Jan

23

865

9

9%

125

58%

10

Foundry

Canada

Oil

23

*

Machinery

59

25

10%

9%

•

Canada Malting
Canada Northern

_

___

_

•

Power

12

•

Lands

12

4.20
2.45

600

Jan

8%

1,300

2.40

19%

Apr

51%

195

3.80

4.20

Feb

Jan

Warrants

Canada

—

Packers

__

Feb

31% May

23

May

9%

Class

class

A

•

B

May

Canada

Southern

Warrants
Canada

'

12% Mar

Ltd

Petroleum

'

Admiral

Oil

Davison

Canadian

Atlantic
Bank

Rio

Detta

36

Mar

295

31

Mar

36

May

71

40

58

Jan

71

Distillers

Canadian

Car

Class

(Western)—

3.00

2,298

40

Apr

Celanese

$1.00 preferred

Chemical

2.00 May

3.85 Mar

Dominion

28% May

Dominion

Scottish

13% May

i^oiniiiioii

bleel

38c

37c

38c

10,533

50c

Dominion

5.20

Jan

Stores

5.25

Jan

6.25 Mar

Dominion

37%

1,849

32%

Jan

26

3,749

21%

Jan

37% May
26% May

Dominion

Textile

5.022

22

Apr

30

Dominion

26

21%

2,270

16% Mar

22%

3,068

18% Mar

•

18%

18%

19%

2,375

18

May

19

19 %

50

18

Feb

19%

29

31%

680

29

Feb

34% Mar

Jan

Canadian

Apr

Dnvex

Oils

Petroleum

7%

7%

7%

825

8.20

8.55

7,000

70c

70c

71c

3,865

62c

Jan

79 %c

Feb

East

20c

500

16c

Feb

26c

Feb

East

Rim

1.87

63

1.75

Fairbanks

Canadian

Homestead
Ice

Class

Oils

Machine

414,123

63

605

237/B

23%

1.80

1.95

5

5

35

11

11

16

1.87

10c

—

156,100

12c

61

*

common

Canadian

Canadian

2.05

12c

16

1

com

A

11

i-1

70c

Jan

12c

May

9%

1,100

Locomotive

Canadian

Malartic

Canadian

Oil

8%

2.95 Mar

East Am phi

Eastern

May

Eastern

May

25

22%

Feb

24%

2,925

1.75

Apr

Feb

Eddy

5

10

10% Mar

11

Apr

El

100

14% Mar

19

Jan

El

35c

Jan

67c

12%

Jan

16%, Mar

——-100

,

5% -preferred

Canadian

Pacific

Line

Canadian

Tire

Corp

Canadian

Utilities

165

110
50

% 104%

2.90

2.95

405

51c

51c

65c

4,650

—1

Apr

24

152

Mar

100

Jan

1.65

50c

Jan

May

Jan

165

Apr

105

1.02

Jan

Apr

3,961

21

Jan

24%

U8

21

1,387

12

Jan

22% May

1.36

1.43

12,248

1.20 May

1.70 Mar

53

53

110

100

100

25

26

12

12

50

23%

24
19

1

common—

■

100

Canadian

Wallpaper class

A__—
Minerals

Canadian

Williston

Canadian

Wirebound

National

26

—•

class

"
6c

A

34
7c

Mar

12c

May

10c

Feb

18c

Mar

14

14

14

13

Mar

80c

80c

500

75c

Mar

20c

20c

22c

7,299

20c

May

1.05

1.04

1.05

I,600

1.65

1.60

1.76

19,075

13c

14c

6,100

1.60

1.69

3,100

1.45 May

2.05 Mar

31

5,525

27 % Mar

31% May

13 %c

1.61

85

30%

30%

Asbestos

Casslar

Castle

Jan

2.25 Mar

Jan

13c

4.95

5.00

500

Jan

20c

Apr

4.15

15%

15%

460

14 Vs

45c

54c

128,225

36

35%

36%

797

Apr

- -

5%

5%

153

Jan

6.50 Mar

Jan

31

16%

Apr

May

45c

54c

May

Feb

4%

36 % May

Jan

15

6Va

Apr

15

15

50

15

14%

,15%

2,243

13%

Apr

15%

Apr
Jan

13%

13%

14

2,090

11%

Jan

14 Va

Feb

13%

13%

80

11%

Jan

14%

Apr

—

__

12%

12

25

24%

12 %•

2,365

25%

2,162

8%

23

22%

23

1,200

6%

6%

1,155

2.50

2.50

300

41c

44c

26,500

25

25

85

*
1

44c

*

__

8%

Mar

16

9% Mar
18%

4,048

13 Va May

Jan

25% May

7% Mar

9

Feb;,

20% Mar

23%

Apr

Feb

8%

Feb

6

2.00

Jan

2.50

May

May

62c

Mar

19%

Jan

25%

39c

Apr

25c

25c

26c

2,250

25c

Feb

43c

Feb

15

15c

16c

8,225

15c

May

25c

Jan

79c

71c

82c

35,725

70c

Jan

8%c

1

8%c8%c

3,000

8c

1.09

Apr

9c

Apr

May

Jan

3.45

Jan

1.17

Feb

Jan

1.90

4.50

Apr

2.26

2.25

2.32

1

1.04

1.00

1.05

23.450

1

4.10

3.90

4.10

7,770

1

...

93 %c

90c

1.07

164,600

5%

5%

160

4%

Apr

30%

30%

31

368

25%

Feb

_

Mines

Mines
.

"

—

Invest

10

—;

5,200

80c
3.55

75c

Feb

1.43

6%
31

Feb

Jan
Feb

May

20

25

25

25

5

22%

Jan

25% May

1

A

54c

54c

56c

5,650

42c

Jan

66c

Oils

5%c May

6c

5%e

7c

4,500

...

9%c

10c

II,500

25

Emerald

Glacier

EsieJla

Mines

Eureka

•

23%c

.

21c 23%c

3,100

7c

18c

20%

Jan

....

Warrants

Feb
Jan

43c

82,500

85c

80c

85c

4,400

54c

Jan

25c

,27c

2,000

18c

Jan

16%

5,182

14% Mar

__

__

16c

Jan

22%

Mar

Apr

25c

Feb

19c 24 %c

22%

Apr

10c
14 %c

Mar

81

20c

1

Ltd

22%

1

Coro

Falconbridge Nickel
Famous Players
Fanny Farmer .....
Fargo

99

Jan

104

Apr

Federal

17

Jan

Jan

1.07
38c

Feb

14%

16%

16%

•

24

23%

24%

6,365

19

Jan

21

20%

21%

415

20

Jan

1.60

1.50

1.62

7,730

20 %

20

20%

390

28%

28%

50

9c

9c

727

3.80

4.05

7,010

1.50 May

17

Feb

r

Mar

24% May
24

2.10

Apr
Apr

26% May

Jan

•
..1
25c

Ltd

Oils

25

6%

Adj'

3.00

1,400

2.01

Feb

3.55 May

978

34%

Jan

7.30

1,575

1.75 May
7.00 May

A

—...

Fenlmore

Iron

B

11 %

Apr

Fleet

Manufacturing

Ford

Motor

6.30

1,625

6.05 May

7.00

2.65

1,106

2.39

2.65 May

Jan

Foundation

26
7C

Feb
Jan

May

3.80 May

21

Mar

28% May
13%c

Jan

5.05 Mar

,61c

39,675

47c

Jan

68c

Apr

17c

17c

500

15c

Mar

23c

Jan

4.75

4.75

4;75

100

*

common

1.90

1.80

2.10

7,210

59c

——

58c

__

97

93 %

97

1,702

•

17%

17

17%

315

*

class

19

"

1

Products

6.20

4.05!

1

Mines

Fibre

2.50

9c

-—•

warrants

Apr

6.20

—

1

Petroleum

Class

*

—20

——

Kirkland

3.00

2.60

Jan

class

Grain

Federated

48% May

4,119

•

Ltd

Jan

1.40

49c

1

7,940

1

Corp

Trethewey

Apr

1.10
42c
1.25

4.95

1

Federal

2.03

7.00

16

1.00 May

15%

a

Jan

48%

1

Jan

1

Gold

55

44

Canso Oil Producers Ltd

May

I,000

8%

—

Steel

Pen-Key
Sol

Jan

2.82

48%

1

Gas

Apr

1,088

65c

—1

Mines

Paper class

45%

2.00

*

Ltd

Canso

47

44%

6%

—

—

Preferred'

preferred

Canadian Vickers

May

Jan

42%

•

Elder Mines

' May

53

Producers.

91

4.15 Mar

1.40

Petrofina

Pine

925

2.90

Railway——,
_25
Ltd preferred—10

Canadian

Canadian

4,756

104

————-100

—-———

Canadian Oil & Gas Reserves—

41c

44c

Jan

2.40 Mar

Apr

15%

Apr

60.700

*

Gas

Nickel

Economic

40c

15 %

May

18c

12c

com

—

Metals

28c

64

160

•

common

56c

20

11c

common

u„

Maiuitic

Apr

15%

41c

*

———

Cos

preferred

Warrants

0

___

//

V\1

Jan

9%c Mar

60

88

Equitable Life Insurance—

Canadian

10% Mar

Jan

9.60 Mar

50

5

Chemical

Minerals

Sullivan

•

5%c

5%c

.*

19

*

A—

Co

3.00 Mar

4.75 May

1.15

2.20 May

Jan

64

Jan

100

Apr

12%

Jan

19

May

5%c

Apr

15%

Jan

19

May

Feb

103

May

I

Central

Central

Explorers
Leduc

1

Central
Centre

Chatco

9,000

<70c

1,650

1.70

Jan
Jan

5.65 Mar

Francoeur

2.50

Fraser

Mar

85c
22c

Feb

Jan

14c

14c

9,525

14c

May

93c

1.06

9,600

93c

May

6c

7%C

2,500

6c

May

12c

13c

Jan

25c

Feb

15c

18c

19c

2.700

1.25

1.18

1.25

6,600

4.15

5.00

200

4.00 May

13

12%

13

750

10% Mar

1

——.

•

common

*

——

>'

1.18

May

1.45

Feb

5.00

13

Frobisiier

Jan

1.74 Mar
Jan

May

Research

Chesterville

1.66

50c

Mines

1

I

Gas

Chimo

Gold

Cobalt

30,800

1.52

Jan

2.11

Feb

5c

1,000

4c

Apr

7%c

Jan

Geco

36 %c

35c

38c

14,100

28c

Jan

58%c

Apr

General

47c

45c

49c

Mar

62c

Voting

23,400

1.17

1.05

1.13

61%

61 %

I————————1

5%c

75c

75c

75c

240

5%C

75c

42,100

62%

5c

trust

•

ctfs
1

Willians

1

Cochenour

m

•

Cockshutt Farm Equipment

40c

1.05 May

55%

Feb

1.64

Jan

5%%

Mines

Commonwealth

Conduits National
Conger

.

1
*

Lehigh

For footnotes

•
.

see

page 47.




4.50

12,355

75c

87c

1,910

88%

30

19%c 19%c

1,300

——100
100

——

1

Bakeries

General

87%

__

19%c

54c
24%

110

—

70c
24%

110

24.700
2.785
100

101
4.20

30c

Apr

Feb

87% May
16%c
48c

20%

Apr
May
Jail

6%c

5.20

Jan

Feb

1.08 May
92

Jan

25c

Jan

78c

Jan

24% May

104

Jan

111

Feb

111% May

Apr

Jan

8 %c

Jan

General

Petroleum

19,400

75c

May

1.20

Feb

79c

8,000

75c

May

1.15 Mar

-

Class

General

A

w

,

_

8%

A

173,956

90c

79c »>70c

-

76c

May

2,900

65c

Mar

8%

8%

1,115
2.500

7%

Jan

1.43
83c

11%

Jan

Geneva

17c

17c

21c

4.15

4.00

4.15

8%

8%

150

26%

26%

100

.

—

300

14c
3.75
7

Mar

Feb

42c
4.15

109%
5.55

Jan

6%c

825

5%

Jan

13

Feb

6% May

49%

48%

50 %

685

35%

Jan

52

May

5

70 %

69

70%

157

58

Jan

71

May

6.35

6.25

6.35

300

5.00 Mar

7.00

Apr

6.30

6.10

6.30

1.500

4.90 Mar

7.00

Apr

14%

15

300

14% May

16%

103 103%

70

1

Wares

common..

•

14%

100

Lake

15

6c

—

II.369

3

.

•.

Steel

111% 111%
8.50
9.90

..

9.90

common——_—1

Motors

5c

;—•

....

Dynamics

General

62 % May

6,125

85c

-.-83c

89c

—

III1

Petroleum

4.30

87c

1

Ltd

103%

1

—

20,533

5c

6%c

8.25

8.40

3%c

6c

3%c

,500

68c

75c

31,400

100

Mar

Jan

103% May
9%c

Jan

Jan

9.70

Jan

3VeC Mar

5%c

Feb

1.00

Jan

4%c Mar

Jan
Jan

Giant

Yellowknife

"

Coldstream Copper

4.30

-•
61c
common,.—.—24%

Preferred

Cobalt Consolidated Mining Corp

16

Jan

—25

Chemical

June

100

preferred
preferred

1.66

1

—

Chrysler Corp

Power

800

—_•

to

Exploration
Exploration of Alberta

Gatineau

3,500

19

103

1956)..

common—

(extended

4% debentures

5c

Chibougamau Explor ————___1

Citra-Lartic

Ltd

5%c

18%
102%

100

Galtwin

1.60

1

Mines

common

Warrants

5%

Chemical
Cheskirk

Gold

Cos

Preferred

Feb

——

Wines

3.70

67c

1.06

1

.

Steel

2,800

2.00

70c

1

Gold

Oils

Chateau-Gai

5.55

1.88

70c

—1

———

Uranium

Chamberlain Oil
Charter

5.30

1.95

1

Porcupine

Lake

Ceritremaque

5.40

•

Oil——

Central Patricia

v

3dc

9%c

1

Dyno Mines

8.50

•

7.250

Jan

May

_1

&

20c

Devonian

65c

9

20c

7%c Mar

88

__

•

u—

Brewery
.Dragon Oiis &

•

Dredge

60c

I8%c 18%c

60c
■

•

Dow

•

Rights

588

23.50

Mines

Lnmaitiii

21 %

May
22% May
24 % Mar

Tar &

East

Canadian

1,290
3.000

8%

•

Preferred

3

Warrants

10
21c

8%

10 %c

com

Woollens

23

18%
20%

Jan

10

21 %c

lOVkc

common

4.70

6% May

Apr
Mar

•

I

Invest

36%

7.50

127/8
100

10%c

Coat

ai

25%

21

—

Mar

»

Magnesium

37

22 %

Cellulose.

&

common

Jan

100

__

^35

12 %

(Dunsmuir)

Decalta

10

15

-1

common

23 % Mar

—25
25

125

100

21c

2.50

_

—

112

•

__—;—

Canadian Colleries
Canadian

•

26

preferred

Canadian

Preferred

675

common

12%

100

Jan

13% May

43%

Dominion Foundry & Steel com

510

20

12%

Jan

'18c

Apr

20

Canadian

$1.75

4.10

•

2.00

•

Jan

10

12%

!

common

4.05

May

10%

1,055

♦

2

A

12 %c

__

2

Mines

25 %

Canners

Canadian

3.05 May
1

12%

25c

Seagrams

Dome Exploration

May

4.40

3,750
20,350

13

'

Apr

Ll

Devon-Leduc Oils

Dairies

100

38%

3,100

3.60

15c 16%c

12%

„

1

25

10

3.35

3.50

16%c

23

1

Ltd

Minerals

2.00

;

Jan

*

-

Ltd

Proaucevs

12%

.

16%

_1

Mines

25

of Commerce

Breweries

6,480

il

Mines

0

OH

Canadian

22

50c

Gold

Dominion

39%

May

21 %

5

Bank

32c

21 %

1

Oils

12 %

.

May

1.90 Mar

_100

A

Asbestos

Apr

11c

10

1

class

Dome

Apr

2.77

J.

Jan

Apr
Apr

7,200

1

*

common

•;

11 %c

7c
96c

__1

—

Mines

Dominion

2.75 May

May

4,025

4,600

pfd—.——100

Corp—

4.35 Mar

39

2.77

6c

9c
1.50

1

12'/2

Lines

SS

Canadian

1

Jan

1.40

1'

,

2.75

71

20

,—£

Preferred
Canadian

Mortgage

Jan

1.05

7%c

__

•

—_i,„

1.95

35'/4

_i

•

Permanent

Apr

8

O

Jan

59

"

••

Canada

6%c

Apr

20c

Mar

Mar

Jan

ll%c

1.50

1

—1

3.40 May

Feb

6c

5

47c

Feb

1;15c

Feb

10%c May

21,100

6%c

1.70

Feb

5c

150

60c

10c

10

Box

Dominion

.

6

55c

•

Coal

Leather

30

13

5%

1

Patricia

D'Aragon

22%

..

Iron

Canada

11

_

_

30,716

6

60c

3.S0 May
29% May

;

1.00 May

1,266

Apr

Jan

May

14%

_

1.72 Mar

Jan

Feb

35c

May

22

19,500

10%c 11 %c

10%c

3.50

*

__

Ltd

Zellerbach

9%

»

Cut Stone.

0

A

Canada

&

11c

7%c

1

voting

Pershing

D'Eldona

Crushed

lie

6%c

■

6%c

Jan

15c

44,110

*

...

—

Nest

5%

—

Canada

A

2.30

12,328

1.08

1

—___:

class

Mines

Crowshore

2.90

£

29%

1.00

1

Uranium

Croinor

Feb

7.05

Jan

Croft

Feb

48

6.70

3.90

26%

1.08

Imperial Mills

28c

2.90

___

May,;::

Feb

Apr

21 %c

7.05

2.35 Mar

2.11

29%

•

——

Coulee Lead
Crestaurum

2,100

2.25

•

•

Apr

14c

*

Rochette

Paper

24c

1

Canada Cement common

•

2

Class B

Corrugated

13%

19c

Ltd—

.—

—

Press

Dist

Jan

13c

—.50

.

May

16c

Exnloratlon

|Hj

Mar

8%

1

pfd_

45c

11c

Copper-Man Mines
Corby

9

2,842

4.90

70c

Jan

15%c

Consolidated Peak Oils

15c

17,500

12%

17c

4.95

May

1

Consolidated Ranwlck

Jan

13 %c

1

42c

.

Mar

Consolidated

7

19c

Oil

Cons

20c

12%
104

1

___

39,473

35c

Nicholson

May

58

1

__

Floh

Oils

70c

18c24%c

j

2.20 Mar

'

Jan

Consumers Gas

8%

12%

51c

1.83 May

25c

Jan

121

1

Edmonton

&

5,925

1,612

Mosher

Cosmos

Calder Bousquet

Calgary

1.90

Feb
Jan

30c

6c

21% Mar

8%

1.83

6c
44c

52 %c Mar

30c

Sannorm

14 %c Mar

—

May

1

West Pete

Jan

72

May

40c

Feb

Apr

*

A

51c
22c

May

35c

Mar

29c

19 %

69%

*
1

4c
23c

6.049

10c

Consolidated

10 %c

__

1.90

1,000
31-100

37c

23c

Consolidated

150

♦

A

29c

600

Jan

416

21%

55%

Burns

4y4c

>.

Jan

Jan

2,000

20%

4y4c

8%

22,000

9c

40%

•

6 % May

24c

72c

10 %c 10 %c

—1

.

4

288

23c

Mining & Smelting

Jan

14c

500

3%c

7%

24c

Consolidated

7,200

4c

6%

Halliweli

Consolidated

6c

1

6%

,35c

Mines

Micmac

Jan

55c

_

6%c May

4%c

Arrow

Consolidated

Jan

55c

■

3,038

1

Consolidated

4.55

5%c

i

7c

__l

Matarrow

Cons

18 %c

_1

—

Ankerite

Jan

6%c

35c

:

Lake

Consolidated

Buffalo

Jan

12c

gi/4C

25c

Howe.v

Feb

8c

167,200

11

8%c

Jan

29c

Guayana

Consolidated

Mar

4.00

3,900

7

Mining

Builadison

4.10

_1

Mining

Brunswick

lie

49c

May

10% May

8%c ll%c

4.00

Lta

Mar

14c

1

Consolidated
Bruck

41c

—1

Mines

Crest

Jan

90

*

Packers class A.

B

British

6%

East

20%

193

8,433

102 102%
51

500

35,250

'

26%

25%

102

Forest Products.

Columbia

Class

pfd_100
_

_

Columbia

26%

—

Columbia Electric 4%%

High

48c

15c 16%c

Feb
Jan

Low

48c

igc

_1

Consolidated Cordasun

5.20

Range Since Jan. 1

High

•

Bakeries

Apr

3.70 May

Low
48c

1

15c

2.55

Shares

I

On

50

Jan

for Week

>_•

Astoria

Consolidated
British
British

!

Mines

Consolidated

Apr

98

Range
of Price*

Par

Coniaurum

13%

48%

7c

48%

High

Sales

Week's

Last

Sale Price

4.25 Mar

"*00
•

98

1

$2.90 pref——50

Jan

720

14%

8

8%

100

__

Bridge & Tank Co

1.25

14%

•

ordinary

STOCKS

Low

3.45

1.00

«

28

Range Since Jen. 1

High

3.30

1

__

MAY

Friday

Shares

Low

—

Pete

Brantford

Par

••

•

*

Mine

Braisaman

Brewis

•' .v.\ '

,

Bralorne

ENDED

for Week

of Price*

Sale Price

WEEK

Sales

Jan

Glenora

May

God'*

May

8% May

26% May

26 % May

Gold

Lake

Mines

—

1

—

Gold

Goldale Mines

Goldcrest

Gold

1
•

1

__

-—1
1

70c
—

13c

,

2,065

26V2C 26%c

3.000

12 %c

5,020

14c

7.70

65c
23 %c

Mar

Apr

12%c May

Jan
23 %c Feb
37c

SS

46

The Commercial and Financial
Chronicle...

(2406)

Monday, May 31, 1954

.....

CANADIAN
RANGE

Toronto Stock Exchange

Friday

(Cent.)

Last

STOCKS
Par

Goldhawk

Porcupine

Goodflsh

Mining

Goodyear

Tire

—1

Gordon

Mackay class
Bousqu'et

Graham

Class

A

Paner

Sweet
West

A_—

8

Apr

May

49c

Feb

29%c

Feb

—

16%

26 34

6.509

18%

Jan

26% May

30

50%

Jan

52% May

McCabe

Jan

16% Mar

McCoii

Apr

1.42 Mar

Feb

9% Mar

9.535

7.95

1.10

_

16%
1.25

46,000

1.01

7%

—

16

8%

285

6 %

50

6,85

6.65

7.00

7%c

8 % C

9.05

9.95

23%

160

6c

6%c

40

40%

698

1

13c

13c

6,100
55

9'/aC

10.200

8c

3.000

15c

Jan

"Mercury

%c

Apr

Feb

24c

Feb

9

_*

17 Vac

13c
13c

•

—

,

38

5

15%

18,800

13c

1,000

37%

0

—

—

18c

38

220

.

17%c Jan
21c

7%c Mar
13c

May

10c

Feb

15%

16

8.20

8.20

8.50

4,795

8

15 %c

15 Vac

17c

8,400

15c

5c

Paper

_•

common

24
48

•

—

4,767

5>/eC

5,600

11%

Jan

,Jan

—1

Uranium

Light

Mexican

&

Power

common

45

305

6%C

7c

3,500

—

40%

40%
35%

Metals

10%

25V8
3%c

45

45%

45

Pipe

5,719

I

'

10%

25

3%c

45%

45%

46

*

A

47% May

May

24

51c

6%c May

120

Apr

6.90

6.80

7.00

5,965

19 Vac

16c

21c

220,100

5%

5%

400

7%

5.80

Jan

9c

Mar

5%

2.50
3ac

Jan

8.00 Apr
23c

,Jan

9% Mar

7Va

200

55c

56c

62c

12,010

45c

Feb

67c

26 Vac

29c

3,100

24c

May

43c

—

6%

Apr

9% Mar

May
Jan

Mindamar

*

1.90

1.83

1.90

6,400

Mining

•

14%

14

14%

2,975

*

8%

8%

8%

41c

41c

1,000

41c

Mar

50c

14c

14c

4,500

10c

Mar

23c

15%

16 %

620

15

Jan

16%

24%

Jan

30

'

Corp

Knitting

8%

Feb

Morrison

8.20

Jan

10%c

Brass

25% May

Jan

39

Jan

150
700

108,305

5c

Drug

8

Mar

National

Grocers

Hosiery

Mar

7,138

20%

Jan

5c

6c

20.500

8%c

8%c

1,000

8%c

8%c

1.68

1.75

900

17%c 20%c

516,807

5%c Mar

9,900

14%c May

Ltd

21,-540

17c

•

39c
18c

1,500

14%
•

100

1.75

2,600

8%c "9%c

9c

22%

.1

24.600

22%

5c

23

710

5c

6c

11.000

17%

Keyboycon Mines

17%

17%

1,870

*

10

Keymet Mines

1

65c

Hudson

1

Kirkland

Lake

in"ii—ill

Townslte

Klondike-Keno

<9%c *

10c

Bristol

Apr

5c

7c

New

8%c Mar
1.40 Mar

10c

Apr

New

New

Devon

14c
3.80

Jan

20 %c

May

26c

Jan

29 %c May

49c

Mar

May

20c

Jan

Mar

14%

Apr

16c
14

1.70 May

New

Harricana

New

2.15 Mar

5c

Feb

9%c May
25%

New

5c
May
16% Mar

5.750

8c

Jan

52c

Apr

700

61c

100

35c

Jan

Morrison

Ltd

1

—

_•
1

Apr

20c

Jan

New
New

Richfield

Mar

New

24c

May

New

Jan

New

Superior Oils

Jan

New

1.26

Taku

1.25

1.33

5,200

Jan

70c

May

17,025

42c

May

75c

Jan

16 Vac

21c

4,000

14c

Apr

30c

Mar

1.16

1.07

1.24

37,925

81c

Mar

17c

23c

56.125

15c

2.76 ""-2.93

12.875.

2.86

63c

1,920
11,200

62c 69%c

17

Mar

7.75

Jan

62c

Mar

]

5.50

1.32

5.55

30 Ve

common

—

30%

183

1.32

1.49

2,600

1,370

5.30
29

Feb

Jan,

3.70

3.70

3.70

200

i

7%c

7%c

8%C

38,100

20% May

Nlpissing

10

Nisto

90c

May

Nor an da

6.15
32

1.70

Jan

3.70

4.00

Jan

Jan

15%c

{;

__

Apr

9%

Jan

2%c

3

Apr

15%

15

15%
14%

435

13%

Jan

15% May

14:

275

10%

Jan

19

19

19

60

14% May
19% Feb

4.25

4.05

4.25

300

■.-Lm-

6VeC

6%c

40,200

20

Warrants

-1

—

Lencourt Gold

—

8 VaC

67c

8VeC

67c

1,300

17%
1.80

Jan

12

6c

—

—

70c

class

London

Hosiery class A
Long Island Petroleums

4.25 May

Obaska

9%cMar
70c

Oil

6,500

7%c

Jan

12c

Apr

Okalta

12,000

10c

Jan

23c

Feb

4.100

O'Leary

56c

Jan

Feb

Omnitrans

54

4c

4V2C

3.50

3.50

100

43%

2.470

37%

Jan

47

1,185

40%

Jan

54

5,800

3 Vic Mar

10c

-1

20c

M)
•
—

Mines

1.61

lie

35c

43c

88,400

18c

24c

42,050

18%

43c

18%

25

9c

9c

1.20

2,100

2,500

3.50 May

10c

May

33c

Apr

13c

Jan

15% Mar
8c

Feb

May
May

15c

14c

'15c

__

6%c

6%c

500

1.05

1.20

|v

Oils

5%c

Feb

Ontario

6.25

Feb

i
i
f
•

Too

Mines

14,039

6c

2,000

4%c May

4%c

Ltd—

Ltd—

18c

1.10

Mar

Jan

Opemlska

Copper
Crush

24c
May
18% May

Orange

12c

18c

Mar

56c

Apr

1.65

6%c

7c

7,460
9,500

2.60 Jan

7c
1.40

1.40.

1.41

2,800

1.31 Mar

3c

3c

3%c

19,500

102

102

102

5

1.78

6c

3c
100

Feb

Jan
Mar

v

4%c

34,750

6c

6,575

5c

May

7%c

600

11c

May

19c

Jan

9%c Jan

Apr
Feb

30,080

9c

»■.

18%c May

9c 11 %C

.

7%cJan

9c

3.25

3.50

16c

17c

8%c

12c

5%c

2:30

7c

a 500

2.55
7 : 7c

12c

-

.-^68

1.40

69

1,296

5

27,200

11c

12c

3.00

4.25

;

Feb

,17c

Apr
May
May

t

,v

9Vac Feb

,

2.55 May

Jan

)

12c

Jan

j

58

16,675

Jan

69%

Apr

:

6%c

8,250

2.80

'35c

12c,

Mar

6%c May

—.3,900

9c 10 %c

.

Jan

May^

5V*r Feb

10,310
~.

Mayi,

2.10

3,130

.5,525

104.850

-

lie

Apr

10%c

Jan

?

11c

2.35

May

14 %c Feb

r

Feb

3.00 May
18c
Feb

/

12

11 %c

12c

4,100

2.80

3.00

22,100

8c

9%c

3,000

7c

8%

9V»

4,052

6

Jan,

13c

13c

1,000

12c

Apr

May

9%c Jan
1.78

Jan

3.00 May
16c

May

Jan

9%'May
25c

Jan

45c

46c

11c

13c

30 V* c

37c

6%c

6%c

11%

11 %

360

llVsc 12 %c

9,000

7c

Feb

18c

May

33.600

4c

Mar

lie

Jan

.,47/«c
.-90c

*;

Feb

11c

f 1.52

4%c

:

1.50

5.650

9%e May

9,500

'

40c

8.700

,

30c

4,000

5c-

6%c

1.52

7.225

17c

5,100

14c

5.500

2.75

2.90

16,725

92c

4,600

12

3%c Mar

1.50

1.90
75c

Jan
Jan

0%c Jan

Jan

3%c

;

Jan

50c

11 */♦ Mar

15c

:15c

i:2.80

65c

2434C

May

3%c

v

t

--

t

1.97

1.56

Jan

Feb

^0% May
1.80

Pacific

Coyle Navig
(Eastern)

Feb

1.96

May
Mar

Jan

18%c Jan
4Vac

Jan1

Jan

2.95 May
95c

May

Western

Jan

Paramaque

K)c

Jan

Apr

Parker

4%c

Feb

103

.Jan

11.91

25

25%

100

44,770.

1.75

135

.

1.99

22
64c

Jan
Mar

3.75

630

6%c

500

38c

40c

6.900

98c

100

:;i9c

18 %c

25c

58,750

9.80

9.50

9.95

5,775

63%

63 %

63 %

98c
.

*67c

69c

35c

41c

5%c

Mines

67c

37c

1

5%c

970
•

3.200

22,100

5%c

-1,000

27c

26c

28c

164.200

3.50

Petroleum

3.50

3.50

200

50c
—

22% Jan

18C.745

3.60

i:.40c

Drilling

Pathfinder

88c

61 «c

Oil

Paymaster Consol

23%

71c

87c

^3.75

i

Parbec Mines

1.70

23%

May

24

Feb

97c

Apr

"

Page Hershey Tubes
Pamour Porcupine
Pan

—

i25%

Mines

Gold

Pacific

1.78

Feb

4%c

11%

Pacific Petroleum

Jan

v

1,250

12 %c

Osisko Lake Mines

Feb

Orenada

Feb

1.27 Mar

Jan

81,400

;

—-

Jan

17%

May

34c

6%c

.

5%c

•;6V8c

.

;

———

Loan

68c

7,350
2,990

19c

Feb

i5c 18%c

i 34c

i__.

—

i;

12%c Mar

„4%c Mar

15Vac

;
4

i3c

Pyrites Co Ltd
Ontario Steel common

16 %c

1.40

5%c May
9%c May

17,900
22,200

4

Jan
Jan

20c

t-45%c

—

Ontario

May
May

20%

2.11

i

1

10c

20

1.00 Mar

15 %c May

80c

46c

1.28

Jan

>

7,100
154,300

20%

9c

18c

Warrants

6,000

50c

6 VaC Mar

21c

f- 9

Ontario Jockey Club

3,085

1.38
*

2

———

50c

45%c

Apr

15c

-

Jan

25c,

19 %c
6c

Jan

40c

Jan

13c

16c

ExMoration

1.61

49C

52c

May

990

Gc

May

11 %C

/ 2.85

Malartic

1.55

1.45 Mar

May

6%c Mar

47,616

-

17 %c 17 Vac

5%c

Mar

16c

31.600

f>

h

t

10c 11 %c

Mines

25c

1.500.

9,000

|.9%c

.

—

Mines

46c

Mines

Explorations

25c

18.099

i
&

Oils

Selections

lie

52

-1

Lake

70c

4 VaC

•

Jan

Jan

7 2.95

Office Specialty
Ogama-Rockland

Jan

19%c

21c

Ltd

Jan

60c

May

9 Vac

)6&%

Mines

8%C

42%

*

Nudulama

10c

54

-1

Mines

67c

43%

Class B

Nubar

5%c Jan

'

._1

Long Lac

Jan

12c

6%c

_

North Trinity
Northern Canada

100

Feb

2,500

13c

5%c

Oil

1.500

48c

16c

f 2.35

Norpax Oil & Mines Ltd—

Star

33/4C

39c

Jan

9 %c

,j

Normetal Mining

North

113/4

Feb

May

25c

.

.

p 10c

Jan

3%c

2.95

15c
22c

16c

Gold

11%

*

2,200

8,700

21c

3.40

Mines

Canadian

3%c

Jan

'A

Feb

May

35c

f 9%c

_—

Mines

Inca

11%

1.53

24 %c

Apr.

2.60

Jan

13c

lv

of Canada

Ltd

North

i

<

Jan

1.29

5%c

Feb
Mar

1.32 May

7%c Mar

May

91c

£ 15c

Mines

Mines

Jan

•

•

30c

11c

North

*

2.70

»

30c 33Vac

t--

r-

Nib Yellowknife

1,275

Jan

Feb

5c

Mines—1.

Norlartic




1.500

47c

1.77

1.60

11c

Norgold

For footnotes see
page 47.

75c

45c-

New Thurbois

1.80

Jan

Manitoba Sugar pfd

70c

Jan

Jan

& Eastern

75c
47c

Jan

10 %c

I5c

21c

Goldfields

Feb

Petroleum-

47c

22c

Madsen Red Lake Gold Mines
Magnet Consol

55c

i'4%c

.\

Senator

May

MacLeod-Cockshutt Gold Mines
MacMlllan & Bloedel class B

46,000

1.20

9,200

'Wlc

Kyan Lake Mines-

May

Goldfields

13,148

76c

Rouyn Merger—

Norzone

13c

Yellowknife

2.70

68c

%

_

Gold

Feb

20

Mar

2.54

Pacalta Oils—.

Apr

90c

Jan

Jan

70c

76c

/5%c
Ltd

Newnorth

1.02

Jan

13c

2.58

1

Explor—_

New

Apr

1.10

Jan

2.27

1.35

_50c

-

_

9%c Jan

60c

Jan

—

__

1

Mines

Mylamaque

May

-

13c

1.30

£ 1.16

7c

£.85

31% May

Feb

66.500

-

19c

8.65

Feb

9%c

40 Vac 44%c

U

7,300

19%

27

4,585

17c

19

May

14c

Jan

26% May

44 % c

11c 11 Vac

Jan

1.73

Apr

7VeC May
28 %c Feb

:

10,100

20

7%

Mar

12.100

Marlon Gold

New

Jan

20%

17 %c

Mines

250

1.40

8%c

Malartic

Larder

2,360

Gold

31%

•

Newlund Mines

2,500

Gold

31%

1

Laguerre Mines

18c

Lavalie Mines

31%

*

New
New

16c

,

25

•

Kelore

13c

Preferred

725

1

Mines

New

17 %c

A

900

26 %

7 V«c

Higlnidge

16c

Candy Shops
Acceptance class

1.50

26

8c

__1

Hugh

17 %c

Secord

1.45

Feb

27% Mar

Apr

—1

-

Goldvue

i

;

1.50

V

New

Jan

36c

8.80

6%

Apr

12%

Jan

27 Ve May

26 Ve

1

New

1

Lang & Sons
Lapaska Mines

250

Mar

Lingman

—

7

13% May
13% Mar
41c

1.38 May

Dickenson Mines

Osu

Oils At Mines

6%

Jan

Jan
Mar

85,375

Fortune

Lake

Gold

100

.

Warrants
New

Lake

Lamaque

1,120

1

26c

-

Landover

11%
27%

Petroleum

7%c

1

Mines

10%

»

Petroleum

23 %c

*

Ltd:

10

9.%
11 Va

1.83

Oil

.20c

Mines

22o

150

Feb

1.34

25c

Mining & Exploration

9,500

1.50

Delhi

27% May

26%
•

23c

8,400

1,500

345

37c

11c

Development

Davies

Apr

65c

7c-

Jan

May

40VaC Feb

1.80

Mines

New

9%c Mar

61c

15c 15 %c

Jan

Jan

6%

Apr

1

British Dominion Oil

May

135

10%c Jan

36c

-

Feb

9% Mar

5% Mar

1

—

Continental

May

64c

15 %c

2J15

14% May

Jan

26c

13%

27%

Oils

New

'

1

200

11

*

Uranium

.1

Mines

May
Mar

9% Mar

7%c Mar

.61c
36c

_25c

.

New

1

2,500

11%

6%.

Bidlamaaue

New

1
*

—:

14 V2

1.70

1.72

26c

Jan

1

New

May

New

Gc

8%C

30c

2,392

27%

.

Alger

Concord

26%

39c

14c

Feb

7

34c

37c

10

New

9

Jan

,

.

—'

New

Jan

1

-

B

Car

Labine

34% May
41% May

19

/10.500

class

Mines

Negus

29% Mar

128%

16c

1.60

12%
■

_20

-

-

Calumet

40

14%c

common

Preferrpd

Nesbitt

•

10 %c 12 %c

2.40

Jan

10

11%

5
•

New

2.157

16c

29%

26c

•

3.35 Mar

23

12%c

com

_

Jan

135

1

Chemical

&

Preferred

47

Jan

»

7c

200

5%

5

National Explorations Ltd

45% May
45% May

7"% May
2.00

34%

2,066

Jan

10% May

Feb

34%

7%

29

—"

Trust

Mar

12,047

1.73

16

29%

——>

National

May

9

3%c May
Jan

3.10

—

*

National

Jan

23%

41%

19%

*

Ltd

Naco

Steel

40 Ve

1

(1939)

—

Petroleum

41%

1

.——.

*

Petroleum

National

990

1

common

Porcupine

National

34%

300

1.75

Feb

Feb

May

17,800

36

34 Va

Kirkland

Manitoba

Feb

2uc

8%c

40% May

34

I

Gold

Malartic

95c

10.500

4.200

Jan

34%

•

i

Publishing
Oils Ltd

Mackeno

500

32c

2.40

Jan

•

Line

Kerr-Addison

Macfie

1.50

7c

28

75

•

7%

Ltd

Macdonald

Mar

4.60

2.25

36%

6,285

2.55

2.75

Gold

Macassa

Feb

26c

Jan

7c

Jan

25

Jan

6.50 May

•

common

Mines

(Walter

14c

Jan

3.00

Apr
Jan

5,700
5,538

46%

8%

1

Gold

Louvicourt

May

6%c

1,000

2.35

New

46%

*

Co

375

36

3%c

•

A

class

Nickel

40%

10%

1

common

Kay rand Mining

Lynx

7c

2.116

28c

—

Apr

2,000

3.75

*

National

35%

Jaculet Mines

Lowney

11% Mar

♦

Montreal Locomotive

2.45

33c

25
7.00

1

2

Uranium

Apr

1.50

*

Brick

Jan

50 %

8,100

25

26

Lorado

8

7c

7c

3.30

__

•

a

Monarch

24% May

35c

34c

6.80

26%

Lomega

66%

305

29c

Gas

&

Montoco

6%c

Jan

34c

30

Groceterias

Jan

10c IOV4C

1

10c

13.50

Oil

Midcon

Moneta

Jan

37%

5

Loblaw

1

Feb

1

Preferred

36 % May
26%c May

13c

53

1

Jan

Feb

4,472

Interprovincial

Little

26% Mar

('i
t

-

Jan

May

300

28c

Mines

Apr

Jan

47%

22 %

Lexlndln

1,975
9,500

1.50

Petroleum

Meta

% May

<9

17c

16

Feb

*

Apr

19%
1.70

134%

Laurentide

36%

Feb

12%

1

Island

10 %

45

100

1,200

6.80

1

—

1,270

48

2.20

46%

100

,

tlje Woods

35

16c 26%c

7%

9%c May

May

16%

Jan

48

135

Laura

50

—

1

Mills

Merrill

25c

Jan

4y8c

Jan

16c
38

May

2.05

47

•

10

Mines

6,033

16

Moore Corp common

'24

23%

-

22%

of

9,510

11c

5

May

30c

28 % Mar

—1

•

Luz

Feb

Feb

Minda-Scotia

5/100

La

39c

9%

—

♦

Milton

International Petroleum

Lake

22c

16

Gold

Feb

Preferred

Shore

1,000

9%

Exploration

14c

Porcupine

Lake

Jan

27c

Jan

■

(John*

5c

26c

Mill City Petroleum

Mining & Smelting

Dufault

65c

9%c

McWatters

Jan

Machine class
Inglis (John) & Co
Inspiration Mining

Labrador

Jan

May

8 Va

Lake

May

preferred
preferred

Labatt

Jan

3%e Mar

]0c

Red

45c

63,200

52c

32c

8

aMentor

41

Mar

40c

37%c Mar

•

Mar

2,000

8

Apr

Feb

7%

12c

2,500

9%

McMarmac

Jan

24% c Jan

Feb

8c

35c

*

Jan

10

May

18c

13c

10%c Mar

4%c

Mclvor

Jan

11c

32c

*

Drilling

Mar

4%c

4 VaC

64%

26c

Ingersoll

Lake

10,960

64 %

Apr

$1.50

Kroy

40c

36%

Jan

Copper
Oils Ltd

39c

*

64 %

17c

Krlstlna

22,000

26 %C

13 %c

/Acceptance

Kirkland

25,100

11c

"

23%

Jan

8c

_.

Kenville

13c

10c

5

13,850

50

Kelvinator

10 %c

5c

3,500

Mclntyre Porcunine

61,700

Mines

c

McDougall-Segur.

15c

Lake

Jupiter

11%C

10%c

7 %

•

44c

Imperial Tobacco of Canada ordinary 5
4%
preferred
25

Journal

Apr

J 7c

•

common..

9 Vac

Imperial Bank
Imperial Oil

Jonsmith

98

1

Frontenac

11

May

8%

Ltd

A

class

14c

.T

Joliet-Quebec

Jan

•

Mines
Grain

7 Vac

paid.—
Husky Oil & Refining Ltd
Hy-Charger Petroleums

Oils

6c

13c

1

Mines

90

7.20 Mar

Jan

32%

Maybrun

12c

8.00 Mar

20%

•

Oil

10

1

Ltd

15c

Huron & Erie 20%

Jet

Oils

43c

Sarcee

Wfaite

Apr

96%

7 %

1

Iron

Preferred

Joburke

8% Mar

Feb

May

8%

8%
9c

Consol

International

9

96%

•

9c

International

Jan

96%
c

:

Lake

Smith

Jellicoe

7c

11,000

40

5.65

29,428

23%

6 %c

*

Yellowknife

Jasper

4% Mar

56,500

Mines

Gold

Jack

5

3,300

8c

9.90

Oil

Jacknife

Marwayne

52 Va

17c

Hoyle Mining
Hudson Bay

$2

Ltd

Mining

Martin-McNeel.v

26

23%

.

Dauch

Industrial

Feb

7

52%

—

•

High Crest Oils Ltd

Indian

300

1

Gold.,

Red

Hugh-Pam

Oils

Maritimes

Massey-Harris-Ferguson
26%

1

Lakes

Howard

Marigold

7

Jan

15c

20

pfd

Hibbert

Highwood

Apr
52% May

24c

Gold

Carpets

Hollinger

132

12,950

Heath Gold

Hosco

Jan

32,600

Hasaga Gold

Home

Jan

48%

High

424

1

.

Low

8%

1

Malartic

Gold

Range Since Jan. 1

High

8%

„—.—„1

Merrill

Rock

Homer

97

23c

—•

Lime & Alabastlne

&

23

Maroenor

Marcus

Jan

27c

1

Gypsum

Hinde

52 Va

7%c Jan

Shares'

8%

100

Maralgo Mines

for Week

of Prices

Low

•

Preferred

7%c

7%

9c

Lake

of

Apr

20c

—1

_

ciass

Products

Headway

Mar

3%c

175

24c

1

Grass
Coal

Gwillim

Head

4c

3,000

May

7%

•

Freehold

Harrison

11 %c

common

Sales

Range

Par

Maple Leaf Milling

Jan

23c

*

Gunnar Gold

Hard

1,000

4c
127

52%

__

58c

Apr

4c

Apr

27c

common

Lead

Harding

4c

3%c

126

B

Gurney

127,953

6 %

Great

Gridoil

26 %c Mar

1.91

J

preferred

Great

Gulf

3,000

4c

—

*

Great Plains Development—

Class

43c

High

1.35 Mar

Week's

Last

Sale Price

•

Mines

Lakes

Great

A

Low

1.75

7%c 11 %c

126

50

STOCKS

16.725

— —

•

common

Preferred

Grandines

—

28

Range Since Jan. 1

High

40c

11 Vac

MAY

Friday

Shares

1.51

41c

*
—1

—

Mines

Goldora

1.70

•

MARKETS
ENDED

for Week

of Prices

Low

1

Uranium

WEEK

Sales

Range

Sale Price

Manitou

Golden

Goldfields

Week's

FOR

y

82c

82c

1

40c

40c

'

82c

1,000

43c

19,100

1.00

Jan

3.25 May

25% May
1.99

May

4.45

Feb

GVeC Mar

71'2c

Jan

28c

58

Jan

85c
18 %c

8.15
60
61c

31 VaC

May
Jan

1.35 Mar

May

59%c Feb

Jan

Apr
Mar

Jan

11% Mar

74%
84c

Feb
Apr
Mar

46c

5e

Mar

22c

Feb

11c

Jan

30c

May

.

3.50

60c

Apr
May

26c

Feb

5.00 Mar

1.00- Feb
45c

-

Apr

f

Number 5329

Volume 179

...

The Commercial and Financial Chronicle

(2407)

47

CANADIAN MARKETS
RANGE
;

Friday

Week'#

Last

STOCKS

Range
of Prices

Shares

Sale Price
Par
Peace

River

Penman's
Perron

Nat

Ltd

Gas__

—1

Peruvian

1

Oils

Petrol Oil

Pickle

&

Mineral

Uranium

Jan

5,930

95c

Mar

1.04

10c 10

%c

2,660

90c

1.00

9.100

1.55

1.65

41,650

Premier

Eorder

Pronto

Uranium

^rosnectnrs

Quebec

Airways

Manitou

Radiore
Red

Poplar

Redwater
Reef

5c

4,000

73

10

A

5%c Jan

Vicour

75

Vlolamac

Jan

5.00

13,655

3.70

5.50 Mar

Walte

12c

Walker

95c

90c

10c
77c

1

67c

30c

7,300

3.00

1,600

60c
h

Jan

56c

2.50

73c

206,100

37c

6,013

21c

7,430

13% Mar-

8V2

100

69c

83c

119,600

54c

15c I6V2C

8

20

class

Mar

90c

Jan

23c

Apr

17,537

14c

Jan

31c

2,500

77c

Mar

2,000

8c

Apr

1.20

Jan

12c

Jan

1.56

1.33

400

1.30

Jan

1.90

Apr

4%c

4 %C

dc

17,000

3%c

Feb

7Vac

Apr

1.24

May
May

1

1.10

1.04

1.14

21.175

87c

Mar

69c

65c

69c

55,973

43c

Jan

74c

*

,

A

May
Apr

9

1

:

Oils

Jan

73c May
43%c Jan

Feb

IOV2C I0V2C

1

Jan

3.85

May

20

79c

Jan

1.00 Mar

Mar

23c

8'/a

16%

12

12

12

95

12

Feb

15

•

Vulcan
V

Robertson
$1.00

Mfg

pfd

Robinson.
Roche

6%

1

pfd

20

Roxana

1.34

6,450

20 V2

50

20

Little

class

1.30
20 Va

19

20

...

common

*

Long Lac

Rowan

1.30

20%

1

B

warrants.

Oils

Jan

1

10

A

19c

Feb

May

2%c

Jan

13c

Vac

8

7,600

8c

47,200

45

45%

10c

46%

1,600

10%

10 V

IOV2

11%

117

•

St

Lawrence

San

1

Sarnia

Gold

Sheep

Sicks'

Co.

Standard Radio
Oil

Olsen

Stuart

Oil

Sturgeon

33,660

1.50

14

14 Va

90

1.15

1.12

1.20

12,060

2.00

2.00

2.20

10,100

47

45%

47

750

V2

49 Va

40

7%c

7%c

3,000

7 Vac May

11c

Jan

68c

70c

1,100

42c

80c

_!

68c

3.95

&

3.90

27 %,

14

Jan

1.85

G

Gas

Apr

15Va

1.55

1.44

Jan

44 Va

Jan

49% May

Mar

May

16,730

Va

376

24

Jan

28

May

150

23%

Feb

28

3.75 May

5.65

425

12,400

13Vac Mar

1.10

1.14

30.276

10%

946

20

3,664

36c

38c

2.500

50 Va

4.30

5.60 Mar

16

50

50 %

220

40c

40c

55c

7,060

34

34

425

22c

21c

22c

22%

Weedon

Wekusko
West

Territories

Westeel

66c
——

Ashley

Western

Canada

Brew

Grocers

class

Western

Surf

Inlet

Leaseholds

Weston

Pearson

common—

(Geo)

Tombill

Gold

Torbrit

Silver

Winchester
Windward

Wood,

&

,

Class

Trans

Iron

Jan'

Mountain

Alexander

Trend
Triad

Tungsten Corp




500

15 %c 17 %c

5,700

17%c

22%

22'A

22%

17c

16c

17c

Jan

2.20

Jan

50c

Mar

13

20%

21

23c

May

35%

35%

4.75

4.70

4.75

69c

70c

4.95

Apr

9c

22c

Feb

20% Jan
12c

20

Feb

33

Jan
Jan

Mar

19 %c May
21
May

Jan

4.55

36

Jan

36c

Jan

23

Feb

17 Va

5,300

May

39c

15c

1,995

70c

60% May

5%c Apr

210

35%

Jan

4.30 Mar

44,900

21

May

5.80 Mar

Mar

Mar

95c

41

40

41

101%

101%

102

243

57 %C

57 %c

59c

37,400

57 Vac May

80c

Jan

14,000

6V1C Mar

9c

Feb

*

8c

8C

1,783

8c

v.

34%

Jan

6c

6c

6c

8,500

7 Vac

7 Vac

5,000

9

7

9

1,480

7

8%c

8 Vac

8 Vac

6,000

7c

Jan

5

Mar

5%

5%

Wright-Hargreaves

•

1.67

1.65

1.70

6c

125
3,930

Zinc

1

Mar

May

10%c

6%c Mar

75

4.00

&

41% May
103

May

4.00

Lead

Jan

95%

-

7 Vac

5%

Yale

20 % May
V 8c

9.00 Jan
50

290

4.00

9c

Jan
Feb

9 Va

Apr

18c
6

,

Feb
Jan

4.00 Mar

5.50 Mar

1.55

1.96 Mar

Jan

36c

32c

36c

15,200

6c

6%c

2,400

Mines

1

6 Vac

6 Vac

6VaC

500

5%c

Jan

9c

Feb

Yellowknife Bear Mines

1

1.31

1.31

1.35

2,380

1.14

Jan

1.47

Apr

_1

16c

13 Vac

17c

27,300

Feb

22c

Mar

19c

19c

1,000

17 %c May

27c

Feb

Yankee Canuck Oil
Yellorex

i

1

Yukeno Mines
Zenmac

Metal

„1

'•>.*i-':

Toronto Stock Exchange

22c
,

Mar

I..) 6c

May

9c

38c

Apr

10c

,

Jan

;

Friday
STOCKS

Curb Section

Week's

Par

Anglo Canadian Pulp & PaperAnglo

5

Asbestos

for Week
Shares

Low

*

Newfoundland

Sales

Range
of Prices

Last

Sale Price

Develop—

I

High

30

"

.

■

Range since Jan 1

Low

V

High

-

30%

220

Jan

30% May

9%

10

4,028

7%

Jan

10

30

30

30%

469

24%

Jan

31% May

13%

12%

13%

5,400

10

•

Corp 1

*

v
1st preferred
Bulolo Gold Dredging

101

101%

140

6.00

6.00

6.10

1,550

19%

19%

19%

1,650

"

—

Canada

Canada

Apr

&

Dominion

__—5
•

Sugar

44c

Canadian

47 Va
40c

Mar

Feb

Mar

Rights

15

15%

32%

32%

70

25%

25

25%

2,615

'45%

45%

Vb

Industries

Canadian
Canadian

Western

•

common

Marconi

Jan

80c

15

—

50% May

May

1

160

Vac

25

8%

Jan

Apr

13% May

;

13,548

4.60

4.75

805

Lumber

*

10 V2

10 %

100

*

68

68 V2

55

22%

1,730

20

May

26% Mar

10

55

7

Feb

70c

6,808

66c

Mar

1.00

Jan

deHavilland

10c

11c

3,000

10c

May

18c

Jan

Dominion

Bridge

570

20% May
35% May

Dominion

Oilcloth

Jan

5.60

Feb

7.25

Feb

Jan

19%

Apr

17

102

May

13%

Jan

32

May

36

Mar

23%

Jan

26

Mar

15%

Vac May
35

2c

Jan

Apr

Apr

48%

Apr

4.55

Jan

5%

Feb

10%

Apr

12%

Jan

65

Jan

70

11% May

66c

87

9,845

46

c

Westinghouse

25c

18%

Apr

35%
6 Va c

2,581

29

5 Vac

7,500

5 Vac

7.80

8.00

24,139

13%

13

13%

625

12

14c

14c

500

14c

May

13c

May

—

-

Canadian Fnnda

Jan

20%

17c

14c

18c

77,250

1

2.00

1.99

,2.05

6,700

25

23%

25

505

17%

May
Feb

6.50

Mar

Consolidated
Coast

Copper

Consolidated

Oil

17%

17%

720

1.65

International

Utilities

23% May
15% Jan

18

10c

20c

25

1

May
Apr

12c

13c

2.55

2.65

5,100

1.65

Feb

2.65

May

1.10

1.10

1.11

3,650

1.08

Feb

1.20

Jan

1,500

May

49%

2,132

40%

16c

16c

5,500

10c

100

100

45

98

Apr

130

Jan

17%

17 Va

18

1,940

15%

Apr

18

May

35

35

25

27%

Jan

35% May

1.70

Jan

50

Feb

23 %c

Apr

May
Apr

Loblaw

70

7%

Power

67

67%

378

54

31

30%

31

805

28% Mar

31%

6

Inc

67

5

45%

45%

47

130

34%

48

May

61

May

35 Va

Apr

Jan

Jan

——*

60

60

61

"35

5

34 V2

34Va

34%

2,326

28

Jan

36

36

50

34

Feb

32 %

32 Va

100

3.65

-—.

3.95

3,750

54%

Jan

May
Feb

Apr

■

*

49

*

Paper common

International

Jan

49%

1.00 Mar

1

Jan

2.35

300

*

Apr

28c

1.00

—*

.

common

8.65

Feb

1.00

•

Aircraft

13c

13% May
18Vac Jan

1.00

•

Paper

Jan

Apr

Apr

5

Apr

2.55

Minnesota

&

Ontario

Niagara Wire
Ogilvie Flour

Paper

Weaving

*

common

*

32 Va

(

30 Va Mar

36

May
32 Va May

Jan
Consolidated

Pato
Pen

Oreille
Bros

5.05

10

150

3,103

1.83

Jan

2.65

Feb

Third

1.30

9,240

1.20

Feb

1.60

Jan

Thrift

Stores

14c

12 Vac

15c

7.000

12c

May

19c

Jan

61c

Jan

Yukon

Consolidated

5.25

2.745

37

37%

1,435

3.50 Jan

4.00

Jan

Feb

5.15 Mar

Jan

3.55
32

37% May

Feb

35c

4.90

37%

—

2.16

.*

49c

48c

8%

Jan

10 V4

57c

67,650

1.65

1.55

1.65

7,350

14 %

14%

14 Va

525

13

Apr

14%

34

34

30

30

Apr

34

*

_•

1.20 Mar

Apr

1.65 May

22

22

100

17

Jan

40%

6,221

32%

Jan

40% May

39

39

325

32 %

Feb

39

2.00

2.08

4.579

2.00
47c

43c

47c

8.800

4Bc

Jan

•

29

27%

29 "a

4.238

19%

Jan

33c 34 %c

6,750

32c

Apr

9c

9c

1.000

8c

May

•

3.05

3.05

3.20

15.320

1

23c

20c

23c

7,900

33c

-

1.85

2.55
20c

Jan

Jan

Mar

Zeller's

May

39%

22

65c
30

*

—_______—.

May

•

No par

a

Odd

May

605

4.80

Jan

136

23 Va

Jan

32 Va May

24%

52c

56c

2,700

50c

Feb

59c

Jan

24%

25

120

20%

Jan

25

Apr

Jan

d Deferred

in

Jan

AND

CANADIAN

(Un) Admitted to unllitftd trading

privileges.

*

wd w^en delivered.

delivery sale (not included

year's range).

,

wiWhen issued,

Jan

3.50 Mar

35c

Jan

e

Selling ex-interest.

I Flat
rCash

price.
sale

MARKETS

t Ex-liquidating dividend,

(not Included In

year's range).

May

42c

14%c

OUT-OF-TOWN

value.

lot sale

*

Ex-dividend.

u Ex-rights.

(not

Feb

5%
31%

52c
*

Ltd

6.00

5%
31 Va

5%

2

—

FOOTNOTES FOR

2.55 Feb
1

Gen Invest

Canadian

Feb

39%

Petroleum
-

5 Vic

14% Mar

•

Oil

1,100

5 Vic

5%c

*

10

...

Transcontinental Resources

29c

5

1.20

A

Pipe Line

29c

35c

*

Oil

750

1

18c

20%

20

Oils

3,831

4.95

•

.1

Oils

6,975

60 %

4.75

Wool Combing

Apr

39

Empire

Jan

Jan

5c

May

•

Gas

Gold

2.10

..

A

28c

1

10

.

class

13c

59 %

*

_*

class

12VaC

4.75

Vinegars

34%

B

Trans Era

Trans

Works

Finance

1.67

1.60 Mar

1

Mines

Central

1.27

Toronto General Trusts
Toronto

35c

Jan

•

-

Larder

Gold

Winnipeg

2.15

Elevators'—

Traders

Apr

59%

1

;—*

...

Feb

6%c

4,300
1,500

12 %c

1

•

——

14 Vi

2,500

1.70

Apr

100

common

1

...

4,524

7Vac

*

Petroleums

1

[

Texas

Toronto

18%

1.63

31c

Canadian General Invest

1.20

Apr

6c

1

Calgary
Thompson-Lundmark

3%c Mar

7Vac

7.70
98c

1.03 May

2,500

•

Wiltsey-Coghlan

Price

Taylor,

A

Ltd

Preferred
Wllrich

Jan

6.15
18c

Jan

7.90

♦

Teck-Hughes Gold Mines

2,313

4c

5

Tungsten

3.300

•

Gold

Sylvanite

1.06

17%

17%
1.70

Canadian Bronze common

9Va

35%

50c

—.—

Switson Industries

1.03

3%c

1

Western
Western

34

25

Superior Propane Ltd pfd
Supertest (ordinary)

13 V2 May

1

Jan

1
1

Apr

•

29%

20%

1

Cons

11V2

1.05

10% May
21Vi May

81c

1
*

Contact
Mines

Sullivan

350

lc

Oils

Western

MacLaren

Sudbury

13%

1

Products

Dalhousie

Gold

1.47 Mar

13%

1

Consolidated

10

—

1

_—

Jan

*

*

River

May

72c

29

Feb

May

19%

*

...

35c

48,200

Apr

48

4.05

IOV2

.1

Mines..

5,550

1.09

*

common

2.20 May

Jan

27

1.11

•

Iron

39c

90c

•

W

&

Jan

27 Va

19 %

*

.

35c

Feb

39

15

22 %

Ltd

36c
1.03

5.25

Apr
May

1.93 Mar

1.12 May

5.65
16

•

Gold

Jan

135

•

Equipment
Pyrites

Jan

15%c

Jan

27

IOV2

common.

class A

23 %

Apr

9,775

61

.

May

49

34

Mining

Rock

.-aeep

1.91

*

Canada

of

Steeloy

1.75

1

Bros

steel

1.70

—

Paving

Stanwell

1.35 May
6c
Jan

50

Spooner Oils Ltd.

Starratt

4,550
13,000

*

;

Stedman

9c

•

A

preferred
Valley

Standard

1.40

1

class

;

Feb

I

51% May

9c

—1

Mines

57

Feb

37 Va

1.35

1

Dairies

95

Jan

19%

27

Gold

Southam

4c

16% May

1.35

•

Somerville
Souris

2%c May

2,975

1

Simpsons Ltd

60

1

Brown Co common

Mining

60

Jan

30.% May

Jan

57%

50c

common

Jan

Feb

17c

May

50

1

!

Gordon

Siscoe

13 V2

8c

*

Miness

Breweries

Silverwood

46% May
10 V2 May

10
Apr
11% May

51%

50

Gold

Silver-Miller

610

Jan

Feb

*

Voting trust ctfs
Sigma Mines (Quebec»
Silanco

40,000

17

*

<1945)

Sherritt

3•%c

37%

18c

17

*

preferred

Creek

2%c

16%

May

Apr

50c

Ltd

Bridge

Phawkev

2,500

1

-

Petroleums

A

10c

8c

21c

1

-

Scurry Rainbow Oils, Ltd.
Security Freehold Petroleums
Shawinigan Water & Power com
'Class

3c

3%C

1.744

Feb

1

Sand River Gold

Sapphire

100

a

10c

•

Corp

Antonio

Apr

May

lc

12 Vac

12% c

11%

common

11%

11c

4,000

*

Industries

10% Mar

16,600

•

Rupununi Gold

Apr

13c

Rundle

Russell

Apr

20

50

11

21

100

IV2C

Koyalite Oil
Oils

Jan

lc
*

class

11

1.65

20 Va May
18
1 Feb

11c

...

-

Roy Silver
Royal Bank
Royal Oak Dairy

11

12 %c

1.10 Mar

28

29

•

Amulet

Winora

Riz-Athabasca Uranium

25

7.35

1

Oils

Apr

15VaC

Feb

60c

50c

Feb

May
1.04 May

Mar

21c

81c

3.40

15c

Mar

10c

18%

22c

1

Uranium

8,000

2.70

197/a

1

!

12c

65c

2.95

38,350

10c

30

1

Mines

Waterous

97c

»

30

May

4.40

28

„1

Mines

4.35

Mar

22c

*

Apr

8c

Apr

3.30 Feb

6.50

Van Roi Consolidated Mines
Ventures Ltd

3.90

*

:

Mines

Gold

Silk

Feb

Feb

7Vac Mar

15c

17,700

7.00

•

1

4.25

500

Hill

Upper Canada Mines

4.20 May

7,000

866

4.00

28

Steel

14,000

8c

16c

3.85

60

•

4.95

15c

42

•

4.50

8c

Jan

.50

Oils

4.85

10 Vac

33

.25

Montauban Mines.

70

Jan

830

16c

United

4VaC

.v

llVa May

39%

May

3.00

1

Feb

38%

3.85

United

2.50 Mar

1

Prado

4%c

l.55 May

United

15.310

1

MacDonald

Riverside

40

y

Keno

3.05

•

Regcourt
Rio

34% May

Jan

320

Feb

United

3,00

1

Utilities

Rexspar

Jan

35

40c

Apr

"

1,905

73

1

Petroleum

Reeves

May

.

3.00

»

Gold

class

Apr

1.65

3,865

40

1.65

1

—_

Uranium

1.36

Feb

26

1

Mining

Quinte Milk

May

34%

1

Metallurgical
Quebec Nickel Corp
Quemont

90c

20c

1

:

Quebec

Queenston

Apr

1

.

Copper Corp
Labrador

Quebec

Jan

30

>1.01

9

.

United Fuel A preferred
Class B preferred

•

Mines

Chibougamau

vxMcoeo

5c

1

.

Purdy Mica Mines
Quebec

28c

Mar

5,100

1.60

100

.

Dome

May

25c

39 V2

*

Trust
East

10c

High

270

«■

Feb

24

Low

11%

—-

1.95

Jan

Mining

-1

Jan

Range Since Jan. 1

High

11

39

Feb

1.22

,

Shares

11%

Gas

Union

for Week

Low

*

common.

Apr

60c

34

34

1

Preston

1.16

Acceptance

Union

Mar

20c

•

Premier

1.41

27,500

28%

•

Oil

600

26%

•

Corn

1.72

98c

1

Oils

Prairie

1.17

Mar

38c

Mar

39c

1.65

Petroleum

Poplar
Power

May

75c

10%

River

24c

6.900

28 %

Pontine
Powell

1.600

127,800

1.65

•

:

26c

Union

Sales

Range
of Prices

Par

8.40 Mar
43

Apr

Week's

Last
Sale Price

High

Jan

40

60c

..1

Development

Oils

80

90c

1

Placer

'

5.60

6,605

54c

„_1

Ponder

Low

6.75

41%

86c

1.041

Gold

Pitch-Ore

25c

Friday
STOCKS

58c

Mines..

ENDED MAY. 28

Range Since Jan. 1

90c

*

Gold

WEEK

Sales

High.

6.50

40%

__

1

& Gas

Crow

Pioneer

Low
6.50

common.41'%

Gnld

FOR

for Week

Included in year's range).

s

Ex-stock

dividend.

48

(2408)

The Commercial and Financial

I

Chronicle

.Monday, May 31, 1954

..

OVER-THE-COUNTER SECURITIES
Quotation for

Friday, May

28

Investing Companies
Mutual

25c

.

Affiliated Fund Inc

American

Mutual
Fund

Johnston

,4.53

10.SI

11.90

B-l

(Investment

11;01'
21.82
3.55
10 Ve
3

B-2

(Medium

B-3

(Low

11.43

S-l

(High-Grade

8-2

(Income

S-3

(Speculative

Com

S-4

(Low

Com

Fund

Ridge Mutual Fund

1
Inc—1

America

*

21.81

1

25.85

23.45
27.95

Bowling Green Fund Inc

—10c

8.78

9.49

Axe-Houghton Stock Fund Inc-1
Corp
—
1
Corp__

Holdings
of

Tr

P-oston Fund Inc

oroad

5

Corp

Invest

Street

(The)

Mutual

Inc——

Bullock Fund Ltd

-

1

27.06
29.36

25.03
26.80

1.30s

K-l

(Income

K-2

Fund

General

Fund

Canadian

Inc

Inc

12.95

1

X26.72

27.89

Bonds)_l

24.85

27.11

1

18.98

20.71

l%s June 1,

1

11.02

12.02

2s June 1,

Stocks)—_1

17.96

21.42

10.26

Bonds)

Pfd

(Speculative Pfd

Priced

X8.98

Stks)_l
Stk)_l
Stk)__l

9.55
7.37

8.05

X

5.93

6.50

25c

10.31

11.27

39.89

—•

39.89

Funds—

Bid

Certificates

Sept.' 15,
Feb.

4.73

5.26

General

shares—lc

3.42

3.77

l%s

Dec.

Composite Bond & Stock

Non-Ferrous

lc

3.87

4,26

l%s

March

1%S

Dec.

Paper shares—

lc

5.76

6.34

13.50

14.67

Petroleum

lc

5.23

13.32

14-40
33%

lc

4.61

Inc—10c

8.04

Income

Inc
1

10.39

11.36

1
1

11.50
43.08

11.62

43.52

17.95

19.74

1

Steel

De

Vegh Income Fund Inc

Mutual Fund Inc

Vegh

Fund

Delaware

As,

Diversified Trustee Shares—
Series E
-—2.50

Eaton

Ctfs

100.17

_____

of

beneficial

Inc

interest

X

23.00

20.64

Massachusetts

22.31

Units

of

interest—*

.

Life

Invest

Net
12.90

11.29

2.23

asset

Fund

34.85

37.27

28.79

30.78

200

5.72

5.93

Balanced

3.07

-10

x2.80
40%

42%

shares—1

11.14

12.21

9.76

10.61

Growth

series—-lo

7.48

8.20

lo
2

6.80
22.59

-1

2.95

3.21

Fund Inc

1

1
1

21.67
68.15

23.43

Capital Corp
General Investors Trust

6.07

6.60

7.35
12.75

8.06

Bond

Income

stock

Preferred

Futures

series
Inc

Investors

Inc

a

General

Qroup

Natural

l%s

7.45

100.18

New

lo
lc

—

Oct.

101.4

101.6

7.82

,

10.55

lc

5.65

lo

5.52

6.05

administered shares—lo
bond shares..
lo
Industrial Machinery shares.lo
Institutional Bond shares__lc
Merchandising shares
lo
Mining shares
lo

8.25
8.75
10.19
9.39
8.63

lo
lo

Equipment shares
lc
shares ——lo
Bteel shares
lo
Tobacco shares—
-—lc

Shares

shares

Fully

General

Dated

,_

1%S

Doe

Bid

Ask

3-54

11-

1-54

bl.30

1.15%

3-

1-54

12-

1-54

bl.35

1.20 %

8.24

9.05

2.25%

12-

1-53

9-

1-54

bl.20

1.00%

1.30%

6-

1-54

12-

1-54

bl.35

1.25%

1-

4-54

10-

1-54

bl.25

1.10%

1-54

1- 3-55

bl.40

1.25%

1-54

11-

1-54

bl.30

1.15%

1.50%
1.45%

4-

2-

5-

3-54

2-

1-55

bl.45

1.30%

6-

1-54

3-

1-5a

bl.45

1.35%

1.90%

18.03
15.17

9.86

10.78

X

6.39

7.53

Series

X

7.73

8.50

June

X5.03

5.50

June

1954

10,

3.95

June

99.980

July

6.38

June

18,

1954

TAB

99.973

99.977

August

13.56

June

24.

1954

TAB

99.969

99.976

Inc—lc

Fund

4.62

5.06

June

99.963

99.971

of

99.945

99.954

August

July 3, 1954

99.930

July
lc

2.99

3.27

wl

19.06

17,

24.

I,

99.971

9.04

—

1954

5

6%

Bank & Trust

6%

25%

26%

5

25

32

*

12.70

1

17.42

2.50

X19.80

21.52

Inc

Inc

Fund

41.50

42.34

1

Inc

(Geo)

15.97

17.26

X

22.23

20.61

Bank

of

35%

36%

Bank of New York

100

Chemical Bank

&

Trust

State

(net asset value)
Fund

31.28

31.23

•

Stamped
Corn

(net

Bk

45%

National

47%

10

&

(White

Bank

Plains

Empire

10.00

Federation

First

4.48

4.92
9.27

—1
Foundation Fund Inc_10o

8.46
8.47
3.88
7.86
30.72
12.95
20.35
1342
2.12

Incorporated Investors ——1

—lo

shares

Shares Inc—1,
Guardian Mutual Fund Inc
1
Industry

*

Inc

Hudson Fund Inc

Shares Ltd—
Bank Fund—_lc

Institutional

Shares

Investors

X

State

Street Investment Corp
Stein Roe & Farnham Fund

•

66.25

69.75

X

25.53

25.53

9.28

Television-Electronics

X

8.33

9.08

4.27

Texas

1

5.95

6.50

Fund—1

7.36

8.00

8.62

Fund

United

31.64

Fund

48

45%

3%

Accumulated

N

Y)

4%

United

20.35

United Income

14.18

United

2.32

Value

12.11

13.09

Value

90c

99c

Continental Fund

Line Fund Inc
Line

Income

Fund

Institutional

lc
Fund.lc

Inc

Street Investing Corp

16.93

18.52

16.16

17.67

Investors Fund

lc

1.49

1.35

Inc..—.

National

*

Par

Aetna

10

Casualty & Surety

Aetna

Co

Insurance

10
10

Life

Bid
144

129

40

100

387

10

49

65%

67%

20

86%

89 %

N

Y

Irving Trust

10

X24%

7.13

40

155

of Commerce_l0

5.19

Kings County Trust Co
Long Island Trust

9.11

9.92

Manufacturers Trust Co

16.23

4.75

Meadow

22.64

12.48

4.52

4.83

Steamboiler
_

Insurance

of

Co

10
5

__

North

Amer__5

Agricultural Insurance Co—__10

31%

33%

Jersey

4

55%

57%

Lincoln

Equitable Assur
_5
Fidelity & Casualty-5
preferred
5

33%

35%

Maryland Casualty

27%

29

28

29 "2

Massachusetts

(Newark N J,»__21/a

29%

30%

Merchants

5

23%

25 %

Merchants & Manufacturers

——25

62 %

36

$1.25

conv

Amer Ins Co

Re-insurance

American

American Surety

—

Automobile

10

94

Insurance Co of N Y—10
National

$2.10

prior

Life

&

common

Bid

Ask

65

Camden

Fire

Fire

Assurance

National

Fire

Uniom Fire

43%

45%

93

95

67

36%

39

'

New

Amsterdam Casualty
Hampshire Fire

25

26%

New

York

Connecticut General Life.

10

329

339

Continental

10

130

New

Fire

Crum

Forster

&

Co

Inc

Employees Group Assoc
Employers Reinsurance

Fireman's Fund
Firemen's

of

(S F)

Newark

54%

56%.
56%

Pacific

Fire

10

58%

__

Pacific

10%

12

General Reinsurance Corp
Glens Falls
Globe &

Republic

Globe & Rutgers Fire
Great
American

Casualty
__

10

50

_

46

27%

33%

34%
10%

57%

59%
91

62%

65%

_

__

23%

24%

103%

107%

10

28%

Corp

(N Yi

2

9

30%

47 %

27%

Mellon

68%

70%

Peoples 1st Nat Bank St Tr

30

32%

251

259

St.

Nat'l

53%

New

25

110%

Trust_17%

■".? 41 %

York

Trust—
Bank

&

Bank

2,

Trust—25
20

283

Bank

20

Bank

38%

40%

20

51 %

54%

17

National

52%

Manufacturers Bank & Trust-20
Mercantile Trust Co
25

5%

17

National

Boatmen's

First National Bank

113%
43%'

120

10

100

Co

Dnlted States Trust

&

j

55%

5 %

25

Trust

&

Bank

Louis

American

20

St.

128

Bank & Trust

Louis

Tower

18%

Union

Grove

56

43

45

45

47

Seaboard Surety Co

10

43

46

5

67%

69%

Security

43%

18%

10

52

42%

Standard

40%

Travelers

26

U

io

10

40 %
168

42%
173

U

S
S

Accident
—

-

10
__

__

100

Fidelity & Guaranty Co.10
Fire

Westchester

——

Fire

__

55%
—

52%

25

61

65

20

62

66

65

San

Trust

100

160

State Bank of Albany

10

28

26%

Bank

6.23

35

Francisco
of Amer N T & 8

A

Recent
Bonds-

Bid

Calif Oregon Power 3%s„_1984
Central Power & Lt 3%s„-1984

36%

Commonwealth
Detroit Edison

Edison

3s—1334

Security Issues
Ask

100%

Bands—(Cont.)

100%

i974

100

100%

99

Utah

Power & Light 3%s__ 1984
Virginia Electric 3%s
-1934

101

102%

27/aS

___1984

96%

97

1384

99%

100

Iowa

Lighting Power 3s_1983

Public

Service

3s

1984

55%
1.265

99

99%

963i

West

Penn

Power

3s

1984

3%s_.

1984

69%

71%

3

44

46

2

27

28%

100%
98%

101
99

971<

Wisconsin

Electric

101

102 %

Stocks-

Laclede Gas

3%s

Mich

Gas

Consol

Montana

Power

99%

100

Dallas

103%

104

El

1979

3%s

1974
1979

:

3%s

3%s
New

99%

100

—1984

Jersey

Bell Tel

N Y State Elec

3s

1989

& Gas 3%s_1984

100%

100%

99%

Power

&

Lgt 4%

Gas

5.65%

ptd_100

Long Island Lighting—
4.35% preferred

100

931

100 %

100

99

100

10O

100

preferred_100

99

Paso

Electric

102%

4.16%

San

Okla

3s

pfd—*

preferred

100%

101 %

Mississippi

—1984

3%s

Public Serv of

Nat

Diego

Gas

&

El

100%

101%

Ohio Power 4.08%

]984

98%

100

Tenn

2%s_1984

96%

97

FOOTNOTES

FOB

•No par value.

Il Bid yield
k admitted

Pow &
preferred

Stock

to

-

listing on the New York

Exchange.

99

108%

Lgt—

•

5.85%

preferred

—

100

OVER-THE-COUNTER ISSUES
x

wi
y

101%
100

Gas Transmission—

t New

price.

93

107%

Louisiana Power & Lgt—

99 %

102

4.36%
Penn

57%

1,305

Aak

100

Southern Nat Gas 3V4s_

99%

99

Georgia Power 3 VsS
Houston

Bid

Southern Counties Gas 3%s_1984

99%

101%

54

39 %

49%

&

45%

17%

tfNew' Haven)
Springfield Fire & Marine

10

5
5

29 %
-

Trust—20

Trust

Bank

United Bank St

293

Albany, N. Y.

10

53

40%




46%

(Texas)
10
St Paul Fire & Marine.——6.25

24%

Hartford Fire Insurance Co

25%

-

87

Republic

5

Fire

89%

45 %

25

Northern Natural Gas 3%s_1973
Reinsurance

Gulf Life (Jacksonville Fla)_2%
Hanover

44%
44

52%
34%

46

-.5

Providence-Washington

62%

44

_1Q

Phoenix

80

%

83%

10

Co

33%

60%

81 %

10

31%

33%

85%

Bank_12.50

Pittsburgh

100

52 %

4

.12.50

_

77

5

53

Nat'l

25%

53%

2

Indemnity Co

lo

51

Security-First

39

165

10

Rational City Bank

28%

5

Northern

54%

2.50

38%

32%

9%

10

10

31%

50%

2.50

_•

4

Fidelity & Deposit of Md
Fire Assn of Philadelphia

37%

Angeles

41

5

10

—

River

Peerless

Federal

23

City

269

50 %

134

Casualty

North

38
259

27

5

63

5

1

10

_5

Co.

_____—___

51%

"i-

67

5

Bonding

10

Shippers,

Insurance

Boston

10

preferred..—10

National

Bankers

99

49%

215

Bank

64%

American

10

Mutual

American Automobile
American

37

of Commerce

20

National

Morgan (J P) & Co Inc

Trade
Par

133

35%

Los

24.21

20.94

X

Co

11.64
22.20

53

10

Bank

20

Brook

33

51%

First National Bank

'

|

15.91

31%

16

City Bank

200

52

6.52

1

20

50

Jersey

Bank

Industrial Bank

Bank

Detroit

20

Square

(The)

Sterling National

Home

.

.

National

National Bank of Detroit

5.81

Companies
Hartford

67

440

393

7.63

X

Inc

Ask
150

64%

37

Bank

National Bank

Insurance

400

'

Hanover

Public Nat'l

'r

300

385

-

15.71

1

Investment

293

425

25%

7.03

1

Wisconsin

65

95%

100

Union

23%

Trust

5.32

1

Wellington Fund
Fund

Bank

92 %

Cleveland

140

10

10

&

of the City of N Y
Franklin National Bank—
Franklin

135

10

Bank

of Freeport

Whitehall
—

First

Trust

14.45

Washington Mutual

Institutional

Trust—33%

National

1

Fund.;

Van Strum & Towne Fund Inc_l

Wall

&

Cleveland Trust Co

87

1

1

Fund Shares. 1

Science

Ask

Illinois
Bank

National

Central

83

18

-

13.35

62

64

62 %

Trust—20

Guaranty Trust Co

Inc

Funds Inc—

United

Bid

25

Harris Trust & Savings Bk__100
Northern Trust Co
100

49^8

47%

Tr__25

Fiduciary Trust

value)
Anier

Companies
Continental

Co

31.72

shares

99.842

Par

51%

(ex-distribution)

Exchange

County Trust

9.13

Railroad stock

99.872
99.857

99.335

1954

City Nat'l Bank and Trust

295

49%

15

Chase National Bank
Commercial

383

10

29.34

RR

26,

99.849

i

1954

Chicago

Sovereign

3.14

19,

99.862

Ask

Co__10

Manhattan

the

Shareholders Trust of Boston—1

asset

1954—

Continental Bank & Trust

Stevens <fc Clark

Stock

Bid

York-

Raw

Bankers Trust
J

Fund

Par

13.89

17.08

Scudder, Stevens & Clark-

9.78

99.886

.

1954

12,

3.16

Fund

Common

99.900

99.875

1954

5,

6.76

-

&

Fund Inc

9.59

99.889

29,

20.61

Price (T Rowe) Growth Stock

11.16

99.915

Shares—

——

Fund

Scudder,

99.928

99.904

99.940

Canada

Trust

99.917

1954-

August

1954

Ask

1954

August

preferred

Putnam

99.989

July 15,
July 22,

5.84

3.61

Pacific Amer Investors com—10c

Pioneer

Bid

99.998

99.984

1954
1954

Dollar Valna

Ask

99.996

X12.41

1956

Petroleum

Treasury Bills

1

Fund

1955

Bid

3.

7.43

Aetna

Doe

Dollar Value

9.04

Fund

Dated

1

———1
._

Inc

Series

United States

8.25
2.85

Insurance

99.4

5-

6.82

Petroleum shares

Fund

99.8

99.28

1959

100.1

Rate

17.00

Growth

1,

99.30

1.60%

15.99

Foundation

April

1959—

1.35%

17.00

Institutional

io,

Ask

14.78

Institutional

Feb.

0.90%

1

Income

99.12

99

0.85%

2'/a

Fund

1958

Bid

Selected

Haydock

1.

99.4

bl.15

9.46

Utility

1958

bl.20

14.03

Series

American

Puritan

& Electrical
6.20

Growth

100.8

1,

2-54

16.80

Pine Street Fund

10.70

Bond

100.12

100

1957

1,

1-54

1

13.96

9.77
9.63

Railroad

100.4

Oct.

1.40%

Trading
Philadelphia Fund Inc

11.07
7.13

Food

1955—

15,

73.28

—1°
Common (The) Stock Fund_lc
shares

Equipment

1

103.22

April 1, 1957

8-

1

Stock

England

North

Building shares—_————lc
Capital Growth Fund——lc

Electronics

100.20

100.28

103.20

12.05

Resources

Fund

24.76

12.12

Chemical

April

100.30

100.20

7-

11.09

Series

$1.50

shares

Aviation shares

l%s

100.22

1-54

1

Resources

Natural

Securities—

Automobile

1%S

100.25

1956

1956
15, 1957

2-53

1

Stock

Series
Oaa Industries

100.10

1,
1,

4-

—1

interests

Speculative Series

Custodian Funds Inc—-

Fundamental

March

11-

13.24

Series

Preferred

Boston—

Mutual Fund

Common stock

Oct.

2%s

1.30%

13.24

Stock Series

—*

First Boston Corp

Franklin

l%s

100.22
—

100.24

100.21

100.3

1955

Ask

2.35%

X

Fund

20.37

of

16.92

2.15%

National Investors Corp
National Security Series—

3

interest

15,

Bid

April

100.22

1954

of a point

Wide Securities—

Nation

1

Inc_

Fund

113 V*

Federal Intermediate Credit Bank Debentures
■fttd

-—

beneficial

Industrial Fund Inc_l

Beneficial

33.87

15.57

X

Inc

value

22.02

Formula

31.33

X

Inc

Balanced Series

Founders

112%

Notes—(Cont.)

l%s

Mutual Trust Shares
Of

1

Fund

.1961

100.6

12.71

Equity, Fund Inc
Fidelity

102.14

99.30

more 32nda

or

100.19

Fund—

beneficial

Shares Corp—

2.08

Fund

Financial

15,

one

1 %s

24.86

,_1

—

Mutual

11.69

Howard—
Fund

&

99.16

102.6

1958.

Canal 3»——

100.19

1954.
1955

15,

May 17, 1955—.
Treasury Notes—

Investors Growth Stock

Fund

Mutual

25c

Inc—

Balanced

Stock

-

Fund

849

——1

Dividend Shares

Fund

Boud

9.65

8.31
7.47

——1

<

Diversified Investment Fund—1

Dreyfus

shares ——

Mutual Fund of Boston

Stock Fund

101.16

99.3

Massachusetts Investors Trust—

Growth

Diversified

shares

Manhattan

Mass
De

101

1957-55

8.81

1

Investment,
Fund

Western

Dividend

100.9

100.26
1_

5.03

31%

1
—

100.5
101.3

1955-54

100.13

Maturity-

5.76

16.44

fnnsoHdnted Investment Tnisfc_i
Crown

.

17.87

1
Inc.

Ask

100.14

May 1, 1959

Treasury
—

1954—

15,

l%s

Metals

Ask

Indebtedness—

of

Aug.

l%s

Automobile shares

Industries

100

1,

1,
2%s May 1.

Figures after decimal point represent

2%s

Fund

1955
1956

100.1

Maturity—

3.25

Concord

1,
1,

1, 1954

U. S. Certificates of Indebtedness & Notes

4.20

Composite Fund Inc—

Feb.

99.26

1957

2.95

Itlc

Feb

2%s May
1%S Oct.

99.30

1955

3.81

Pund

2V4s

100.16

Panama

10.43

Stks)_l
—

Business

—

point

a

Bonds—

10.67

Lexington Trust Fund

Managed

100.12

214s

2%s

23.11

lOO'.l

2%s

wi

1955

1955—

lo

1

Nov.

for Cooperatives—

1,

Bank

14.60

9.77

Stocks)

Knickerbocker Fund

17,

Bank
Feb.

2%s

Equipment shares.lc
Electrical Equipment shares_lc

,1

Trust

Fund

of

Bid

Land

2 Vis

9.80

13.38

1

Com

Com

Central

24.99
Christiana Securities com—10o 8,775
8,975
Preferred
100
137
142
Commonwealth Investment
1
7.49
8.14

Shares

Century
Chemical

32nda

more

er

100.1

99.31
99.31

19.60

Bonds)

(Net Asset Value)

11.0.9
14.02

19.81

1
1

Jan.

33.85

Loomis Sayles Mutual Fund—
Canada

one

Ask

Federal

Sept. 15, 1954 wi

33.19

Bonds)

Priced

(Discount

1.15s

—1

-

Grade

B-4

Bid

Federal Home Loan Banks—

Keystone Custodian Funds—

Beneficial

Bond Inv

15.09

14.70

Inc—

Figures after decimal point represent

7.63

13.81

4.24

10.18
20,07
3.22
93a
2%
10.52

Blue

6.99

1

Boston

13.53

Axe-Houghton Fund "A" Inc~_l
Axe-Houghton Fund "B" Inc—5

Blair

1

of

1

Development

Mutual

America

Trust

1

Fund

ilk

Investment

Inc—1

Shares

Business

American

Bid

Par

Investment Co of

1.18
5.78

5.34

Obligations of Government Agencies

Mutual Funds—

Ask

1.03

1.25

Aberdeen Fund

Atomic

Rid

Par

Fnntjhs—

stock.

Ex-dividend,

When

issued.

Ex-rights.

104

105%

Volume 179

Number 5329

.

..The Commercial and Financial Chronicle

(2409)

THE COURSE OF BANK CLEARINGS

1954

Week Ended May 22
Inc. or

1953

1

$

Bank Clearings this week will show

liminary figures compiled by

us

increase compared with

an

based upon telegraphic advices from the chief cities

•of the country, indicate that for the week ended

•cities of the United
be 5.7%

States for which it is

possible to obtain weekly clearings will
last

week in 1953.

same

Our comparative

sum¬

i

Week

i

New

Ending May 29—

1954

York

$8,867,163,292
898,752,111

1.0

<

1,077,000,000

2.4

579,933,141

552,921,404

4.9

Columbus

Mansfield

City

340,150,168

326,448,707

4.2

St. Louis

319,100,000

312,000,000

2.3

San

494,339,000

506,681,199

2.4

Francisco

Pittsburgh.

364,706,803

Cleveland

i

Ten

cities,

one

Total

7.5

275,923,636

$13,676,745,640

+

5.5

3,304,267,370

3,100,301,785

+

6.6

five days.

$17,735,136,669

$16,777,047,425

+

620,061,355

+

issue of next week.

our

ends

$17,397,108,780

+

are

as

we

able to

are

May 22.

was

however, which

present further below,

we

j—

week ended

increase of 12.8%, the aggregate cf clearings

an

for the whole country having amounted to $21,221,420,495
week

same

in

Outside

1953.

•clearings at this center showing

of

this

city there

was

increase of 23.6%.

an

22.8%

Reserve

District

a

is

4.7%

in

and

•enjoys

the totals record

In the

a

Atlanta

District

Reserve

of

District of

7.8%.

In the Kansas

0.8%.

The

1954

12 Cities

2nd

New

11

3rd

$

-4th

Cleveland

5th
<Sth

Chicago

8th

St

9th

Minneapolis—

10th

Reserve District

San

"

1,188,954,300

1,233,842,701

"

1,208,028,355

1,245,187,047

"
"

an

'642,116,516

9,254,966,316

8,045,326,951

—

3.6

1,174,861,857

1,131,697,841

—

3.0

1,127,919,618

New

York

+

4.7

960,515,749

—

0.8

913,249,442

5.0

1,184,409,066

now

ended

add

our

579,839,967

541,388,496

"

520,607,660

482,722,223

+

7.8

445,937,457

413,443,129

"

608,169,445

575,093,462

-+

5.8

565,319,943

522,372,358

"

473,704,974

449,0.96,874

-f

5.5

408,818,544

347,872,719

1,049,836,588

detailed

1,008,590.050

21,221,420.495

18,818,577,339

9,764,415,181

9,564,037,898

statement

4.1

973,072,600

919,784,294

+ 12.8

17,873,833,214

16,043,344,525

2.3

8,933,281,891

14,063,000
155,131,281.

6.1

IIIIII

5,078.715

4,174,096

309,263,654

303,569,999

1.9

274.042,068

261,556.141,

129,243,709

110,824,423

+ 16.6

98,450,620

91,307,833

4.7

567,672,783

528,890,81!*

cities)

+

showing the figures for each

city for the

New

$

Inc.

or

Dec. %

1952
$

1951
$

Grand

Haven

1,721,469

4,411,300

4,029,670

608,372,411

-f

3.6

571,095,000

3,105,573

+

6.9

2,130,640

2.003,752

1,252,124

—

1.9

1,316,676

3,610,028

+

1.4

2.372,203

2,029,917

10,904,743

+

6.4

10,775.857

9,275,418

8,996,905

32,202,695

15,842,379

14,104,541

1

3.5

8,381,471

7,315,333

21.9

29,200.086

26,776,244

+12.3

13,900,114

12,839,541

30,392,700

24,972,006

+

32,916,400

—21.9

2,359,581

(12 Cities)

25,701.200

—

1,970,111

+ 19.8

1,800,252

1,880,553

750,275,716

_

6,034,315

4,497 303

+ 13.6

141,126,317

116.570.10ft

164,804 524

—16.9

130.177,134

113,567,2 id

9,746,917

8,413 397

453,976
175,954,965

165,557, 374

968,365,802

IIIIIIZ

+ 15.4

960,515,749

+ 15.9

425, 492

3,890,294.

4,658,683

8,727,546

6.7

436,719
169,771,395

—

6.3

—

7,419,0c!
372,34*
140,630,48'f

Lansing

1

Terre

IIIIIIIII
IIII
I_, II

Haute

__I

IIII

~

City

Illinois—Bloomington
Chicago
Decatur
;
,

IIIII_III
IIIIIIIII
,1"
IIIIIIII
IIIIIIIIIII
.IIIIIII
IIIIIII"

+ 42.6

1,356,865

1.261,563

14,550,789

+-

6.2

11,541,801

11,745,716

9,985,709

+

3.3

6,747,144

6,615,565-

+

7.8

7.578,284

6,853,70+

+

6.7

60,703,000

54.333.OOU

—20.9

8,776,224

10,964,691

16.168,502

72,773,000

68,210;000

8,599,291

10,669,857

"

1

(17 cities)

______________

9,772,08ft

2,950,740

2,884,710

2.3

2,988,523

2,992+6ft

146,131,226

128,208,498

+ 14.0

112,146 376

82,500,64ft

5,161,376

4,634,447

+ 11.4

4,050,702

4,509,52*

31,157,441

+ 10.4

30,622,901

23,759,873

14,790,289

+

0.4

15,442,786

15,682,379-

Moines

Sioux

1,713,080

15,459,546
10,310,229

I

IIII

Iowa—Cedar Rapids
Des

776,179,117

2,443.693

Indiana—Fort Wayne
Indianapolis
Bend

913,249,442

Chicago—

~"

______________

South

0.8

—

34,399,482

v

14,853.537

+

1,050,372

1,542,502

1,001,097,248.

+ 46.9

1.426,104

3.7

892,215,487

+ 16.3

3,868,043

3,713,b03

13,981,188
6,986,909

12,555,197

1.7
22.2

3,975,529

3,972,29ft-

1,184,409,066

1,125,287,83ft

965,518,943

+

4,698,067

4,040+28

13,956,804

13,978,067

10,308,858

10,136,273

+

5.042,580

4,125,560

+

1,360,692,870

1,296,024,965

+

5.0

—

0.2

,

1,233,583
•

872,689,25*

6,096,93ft

Eighth Federal Reserve District—St. Louis—
5.6

309,800.000

312,509,000

Kentucky—Louisville

172,673,415

166,422,025

3.8

157,297,502

Tennessee—Memphis
Illinois—Quincy

119,925,850

115,908,593

3.5

110,246,980

129,575,29ft,
97,105,65^

2,319,653

2,482,678

6.6

2,495,485

2,207,G2>

649,518,918

620,713,297

+| 4.6

579,839,967

541,388,496-

Total

Louis

(4

335,900,000

354,600,000

.

i

cities).

Ninth Federal Reserve District—Minneapolis7,187,833

7,111,417

+

1.1

7,292,452

6,884,941

356.628,941

330,882.508

+

7.8

301,272,799

286,824.961

129,430,848"

117,532,588

+ 10.1

110,850,139
7,201.914

95,824,870

Minnesota-—Dulilth

Minneapolis
1

St.

,_

Paul

6,620,049 •

+

3,802.975

3,445.493

+ 10.4

5,211,876

4,632,082

+ 12.5

4,093,367

11,138,532

12.297.966

9.4

11,385,748

520,607,660

482,722,223

7.8

445,937,457

North Dakota—Fargo _________
South Dakota—Aberdeen

Montana—Billings

7,206,655

—

5.7
.

3.868,038

6,242,556

2,497 "75

Helena
Total

(7 cities).

—-

+

413,443,129*

Tenth Federal Reserve District—Kansas City—
767,516

736,103

9,372,027

1

8,791.923
147,246,307

167,654,834

___

7,452,337

8,230,096

Kansas—Tdpeka

St.

732,463

942,333
•

i

+ 28.7

852,944

4.1

524,820

6.6

7,292,093

+ 13.9

153,429,206

—

+

•+ 11.2

7,541,353

692,885
481,90:)-

7,220 841

142,436,610
8,459,56:+
14,13",077

22,291,294

,+

4.8

18,651,585

368,879,982

+

2.7

359,868,982

+

2.5

11,48J,206

4.339,656

3.658,250

+/18.6

2.699,112

2,620,391-

3,164,394

Joseph

23,356,342

378,678,013
11.635,647

3,918,178

—19.2

2,979,042

2,790,978

608,169,445

City

725,540,956

3.4

677,815,621

_________________

Colorado—Colorado Springs
Pueblo

575,093,462

+

5.8

565.319,943

522,372,358

11,355,212

Total

(10 cities).

332,169 574t

11,361,523

Eleventh Federal Reserve District—Dallas8,187.432

Galveston

_1

Wichita Falls

_____

+

8.2

7,602,107

+

4.9

344,865,234

7,310 15'\
290,386,513

30,671,433

+

4.8

29,989,933

28,909,806

6,667,600

-

Fort Worth

386,814,699

32,144,454

Dallas

7,563,815

405,849,488

Texas—Austin

6, 291,000

4-

6,842,705

6,100,840

14,013,295

11,655,087

473,704,974

______

449,096,874

6.0

6,778,000

5,597,00ft

+ 12.2

6,583,324

5,925,930

+

20.2

12,999,946

9,742,31ft.

+

5.5

408,818,544

347,872,71ft

+ 7.2
+31.0
+ 4,9
-f 6.1
' + 18.6

163,460,008
4.427,911

155,778,966

163,024,059
76,012,538
18.851,092

146,608,480

9.9
1.5
6.5

13,209,402
498.639,957
-14,713,447
-4,738,548
10,995,633

649,473,072

+

Louisiana—Shreveport
Total

(6 cities).

Twelfth Federal Reserve District—San Francisco—
Second Federal Reserve District—New York—
New

—18,615,004

York

L

Syracuse

l

Connecticut—Stamford

Jersey—Newark

Northern New Jersey

2.403,244

2,508,285

33,822,087
19.444,474

17,773,511

+

21.403,064

67,101.043
T

(11 cities)




1.9

2.960,575

24.012,013

j

Rochester

123,751,209

11,437,005.314

__

3,244,815

2.871,762

Jamestown

Total

—

117,018,261

Elmira

New

18.969,555

3,315.175

Buffalo

j

Washington—Seattle

-

—

Yakima

York—Albany

Binghamton

New

N

,

23,641,414

14,633,312

Utah--Salt

,—

2.2

3.242,306

2.904.254

5.4

106,300,807

99,787,228

2,126,475

+

1,911,647

San

San

Jose

2,622,290

2.229,154

9,254,539,501

+23.6

-8,940.601,323

7,757,486,702

29,964,362

+12.9

24,986,602

9.4

15,694,833

15,933,209

18.935,577

California—Long

81.288.214

1

Beach

Pasadena

23,690,356

169,962,902
4.266,532

162,760,253
76,613,354
20,220,645

538,432,366

13,284.602
530,555,558

+

16,287.525

15,292,909

+

14,599,395

+

3,422,221
66,016,71ft

15,670,981

10,043,22ft
492.654,02413,391,2SO

17,418,003

—

Santa

58,575,309

+ 14.6

49,940,323

75,540,975

74,018,172

+

2.1

66,874,366

63,293,429

31,801,149,351

9,607,713,358

4 22.8

9,254,966,316

8,045,326,951

—

_

Total

"+12.3

(111

cities)

5,283,242
10,350,053

+

4.3

+

1,049,836,588

(10 cities)

total

5,935.313
10.790.528

Barbara

Stockton

Grand
.

City

170,711,207

21,634,629

4 12.2

Lake

.

Francisco

4.2

182.211,391
5,590,293

Oregon—Portland

.

1,008,590,050

21,221.420,495

18,818,577,359

9,784,415,181

5,564,037,898

4.7

7.54L

11,430,755-

4.1

973,072,600

919,734.294

+ 12.8

17,873,883,214

13,046,344,325

2.3

8,933,281,891

8,288,857,82$

43.065,334
Outside

New

York City.

'Estimated.

+

£

3,407,00*. *
10,761,6«. ft

1,038,618

39.259,116

_

87,750,92ft

280,000,00^
0,495,491''

(555,540,557

8,681,072
:

New Hampshire—Manchester

Total

2,039,322

3.0

3,659,081

Rhode Island—Providence

,

6.3

+

11.604,477

Connecticut—Hartford
New

—

5,641,527

1.228,456

-

2.463,898

630,502,768

Bedford

20,478,12*

98,406,851

332,200,000

159,466 714

Rapids

Missouri—Kansas

3,319,781

Springfield

6,403 949

1.3
0,9

5,191,556

„

Seventh Federal Reserve District-

—

1953

5,809.864

Worcester

21,210,482

+
+

136,983,863

(10 cities)

Omaha

2.307,941

River

2,658,465

181,199,916

IIIIII

Wichita

Fall

3,114,759

8.5

—

98,733 ,279

326,100, 000

—___________IIIIIIII~II.

Lincoln

$

Lowell

+

26,113 717

100,021.320

329,000,000

__I_II

Hastings

1954

Massachusetts--Boston

613,536,717

23,901,918

___

...

Nebraska—Fremont

First Federal Reserve District—Boston-

Portland

5,344,257

642,116,516

11111""

We^k Ended May 22

Maine—Bangor

1,044.627,833!

8,288,857,823

+

May 22 for four years:

Clearings at—

1,127,919,618

528,890,819

4.6

.

3.0

17,913,000

Michigan—Ann Arbor

1,125,287,896

567,672,783

+

_

1,245,187,047

_

776,179,117

+

1,296,024,965
620,713,297

City.

355,814,045

169,072,621

Mississippi—Vicksburg

1,044.627,833

649,518,918

111 Cities

We

+ 22.8

"

"

8.514.07 it

377,740,744

$

613,536,717

968,365,802'
1,360,692,870

10

6,206,353"

1.9

1.8

Louisiana—New Orleans

1951

649,473,072

6

Total

week

$

677,815,621

10

Francisco

Outside

1952

3.4

.+

7

—

6,625,011

8,428,722

—

4.8

Mobile

and the Minneapolis

4

City_

Dallas

12th

9,607,713,358

17

Louis_

Kansas

11.801,149,351

6

7th

11th

"

10

Richmond

Atlanta

'

Inc. orDec. %

725,540,956

7

Philadelphia,,—

399,114,843

3.6

Missouri—St.

750,275,716

11

York

40,955,000

by Federal Reserve Districts:

1953

$

Boston

+ 13.4
—16.1

OF BANK CLEARINGS

SUMMARY

1st

206,613,017-

422,082,74S.
37,341 50>

6.4

5,911,371

Total

Week Ended May 22—

8,056,100

227,182,124
460,085,859

—

3,370,646

Wisconsin—Milwaukee

Chicago

City Reserve District the totals show

summary

6.902,158'

3.0

3,245,756

Rockford

a

1,131,697,811

18,114,000

Peoria

furnish

7.0

7,295,40*

1,174,861,857

172,418,282

Springfield
we

391,623,929

Florida—Jacksonville

cisco Reserve District of 4.1%.

following

3.6

+

12,471,139

Alabama—Birmingham

improvement of 5.8%, in the Dallas Reserve District of 5.5% and in the San Fran¬

In the

10,198,477

6,810,336

18,985,000

(6

Augusta
Macon

gain of

Cleveland Reserve District there

gain of 5.0%, the St. Louis Reserve District of 4.6%

a

Reserve

the

5,149,47ft

11,499,274

175,581,175
5,672.332

Nashville

decrease of 3.0%, but in the Richmond Reserve District there is an increase of

a

5,704,741

1.7

Columbia—Washington.^

gain of 2.3%, the bank

the Boston Reserve District of 3.4%, but in the Philadelphia Reserve

and in

8.5

—

11,646,038

:

Georgia—Atlanta

We group the cities according

(including this city)

District the totals register a loss of 3.6%.

3,197,468

—18.0

42,645.500

10,467,877

against $18,818,577,399 in

"to the Federal Reserve District in which they are located and from this we note that
in the New York

~

Carolina-^CharlestoZi

Total

the

)

1,208,028,355

Tennessee—Knoxville

has to be estimated.

cases

give final and complete results of the previous week

For that week there

2,488,885

Sixth Federal Reserve
District—Atlanta-

appear

the week

.

the elaborate detailed Statement,

2,851,418

—

506,414.247

10,901,424

Maryland—Baltimore
District of

not available at time of going to press.

Accordingly, in the above the last day of the week in all
In

6,430,153

7.0

+ 13.4

+
—

8,877,792
264,017,488

481,096,362
48,362,200

Virginia—Huntington

5.7

We cannot furnish them today, inasmuch

Saturday, and the Saturday figures

"

cities)

Richmond

5.0

$18,385,990,143

___

9,501,836

256,074,727

Virginia—Norfolk

Complete and exact details for the week covered by the foregoing will
in

(7

Total

Total all cities for week

1,233,842,701

2.989,233

6,364,993

Fifth Federal Reserve
District—Richmond
West

5.7

650,853,474

day

9,091,653

Pennsylvania—Pittsburgh

South
Total all cities,

All

8,184,563

1,188,954,300

—

13,087,547

10,306,016

1,089,000,00v>

4.3
2.5

—

—

5.2

296,633,222

five days

2,975,367

—

3,727,144

8,876,173

IIIIII
I III
IIIi;
I
ZZZZZZZZ

Youngstown

7.6

465,299,485

$14,430,869,299

cities five days

Other cities,

394,555,806

441,116,436

;

Baltimore

1,130,000,000

2,767,285

IIIIII

cities)

Cincinnati
Cleveland

___

3.8

6.976,905

Ohio—canton

1,051,000,000

Philadelphia

3,682,341

Fourth Federal ReserVe
District—Cleveland-

8.9

889,956,744

Boston

4,432,313

%

$9,653,933,785

Chicago

Kansas

1953

(li

—15.7

1,179,000,000

12,870,334

Jersey—Trenton
Total

CLEARINGS-RETURNS BY TELEGRAPH

1,839,721
1,212,871*

6,799,537

Delaware—Wiimin~gton~"~I

1,203,033

1,627,275
1,373,860

5,851,756

"

1,208,414

7.2

—

1,134,000,000
3,568,585

~~~

f
I

—16.4

1,633,397

•4,S35,430

York
New

-

1,961,825

[

IIII

1951

t

+ 21.7

1,347,544

1,369,424
1,820,956

HI
Wilkes-Barre _I~~

At this

for the week follbws:

mary

'

_IIIIH

Scranton

gain for the week ending Friday of 8.9%.

a

1,640,560

I"

_

Philadelphia
Reading

Our preliminary total

year.

$18,385,990,143 against $17,397,108,780 for the

center there is

Bethlehem
Chester

Lancaster

2952

Dec. rIo

illadelphia—

Pennsylvania—Altoona

Saturday, May 29, clearings for all

above those of the corresponding week

stands at

Third Federal Reserve District—

Pre¬

a year ago.

49

Th^'Commercial and Financial Chronicle... Monday, May 31, 1954

(2410)

50

Date

Company and Issue—

Foreign Exchange Rates

2250

2250

1

2251

1
2

1935

1

2146

8
mortgage bonds, series B, due 1970- _Jun
United Biscuit Co. of America, $4.50 cum. pfd
stock- -July 15

Federal Reserve Bank
the Secretary of the Treasury the buying rate for cable transfers on the different

certifies daily to

of Section 522 of the Tariff Act of 1930, the

RATES

EXCHANGE

FOREIGN

CERTIFIED

TARIFF ACT OF 1930

1954 TO MAY 27, 1954, INCLUSIVE

21,

2293

Tennessee

I

1st

Money)

(Value in United States

for Cable Transfers in New York

Monday
May 24

May 21

Basic

Preferential

.0719820*

.0719820*

_

pound

Austria, schilling

.0385802*

.0385802*

Belgium, franc
Brazil, cruziero—-

&

States

Wilson

.133333*

&

bonds, due

July

1973

{
1

Securities

Foreign

Co., Inc.,

2%

ENTIRE

2.245517

.0199552

.0199609

Motors

Date

.0199600

.0428082* t

.0428082* t

.0352609*t

.0352609*t

.0352609*t

.326633

.326633

.326633

1.016718

1.017226

1.017924

.210750

.210750

.00435401*

.00435401*

bonds, series P, due 1983
Iowa Public Service Co., 4%
1st mtge. bonds, due 1983.

.00285625

.00285625

Northern

.238379*

Pacific Public

.210833

.210833

2.818541
,0799520

2.818020

2.818125

Pittsburgh & West Virginia Ryj—
1st mortgage 4(4 % bonds, series A

.0799520

.0799520

.264170
2.790635
.140080*
.496766*
.0349000

.264200

2.790222

2.790222

J2690p
.210800 .
.00435401*

„

markka

(Metropolitan),

Ireland,

.238379*
.210866

____

2.819062

Netherlands, guilder
New Zealand, pound
Norway, krone
:
Philippine Islands, peso__

.264200
2.791253
.140080*
.496766*

Portugal, escudo

.0349000

—

___

Uruguay,

1st

Service Co.,

due

debentures due

5%

this

17

2248

12

2144

Jun

1

2145

1

1374

Jun

14

2188

1982

__„

issue.

.0349000

.193330*

.193330*

.193330*

.233285

.233289

.233285

2.808011
2.818593

2.807596

2.807596

2.818046

2.818125

2.808219
2.818750

**

peso

Dividends
(Continued from page 16)

# *

**
Per

♦Nominal.

tApplication depends upon type of merchandise.

**Temporarily omitted.

Share

Name of Company

^Statement of Condition of the Twelve
Federal Reserve Banks Combined

and

Inc. ( +) or
Dec. (-

$3

7-1

6-21

S3

1-3-55

12-20

12(4c

6- 1
6-15
6-10
6- 1
7-1

5-17
6- 1
5-14
5-17
* 6-11
6-1

May 26,

May 19,

1954

Redemption

20,427,101

fund

for

F.

10,002

180,501

—

860,530

gold certificate

res.

21,287,631

cash

366,253

Discounts and advances

201,800

Industrial loans.

1,341

3,326

—

6,676

+

and

2,001

—

in
in

amounts

the

of

most

2,015,975

+

'

Bonds

3,092,550

Total bought outright,.
under repurchase

—1.429,425
50.000

24,737,337

774,221

U.

Total

F. R.

securities

24,737,337

50,000

649,321

securities

24,540,478

74,389

278,233

banks,____

22

cash

135,892

4~687
562,030

43,315

111

assets—

Total

178,232

assets

chasing

3,554

banks

items

premises_____

Other

'

8,008

50,456,885

62,389

481,252

+

133,123

Liabilities—
Federal Reserve notes

25,392,122

19,764

.

167,971

Deposits:

Real

Member

bank—res.

accts.__

19,617,046

U. S. Treasurer—gen'l acct.
Foreign

505,278

Other

382,987

501,942

69,099

89,364

87,112

4*

31,024

+
—

—

7,178

—

150,700

for

avail,

21,007,253

cash

items

2,945,416

to

Other
S.

U.

for

purchasing

Other liabs. and accrued divs,
Total liabilities—

22,024

+

49,366,815

1,724

+

—

203,820

52,542
509'

—

487,571

87,882

+

271,553

Surplus

(Section

7')_

Surplus

(Section

54

+

Cash

capital

Total

and

165,961

of

50,456,885

gold

certificate

serve

to

notes

liabilities

deposit

and

tances

eign

purchased
loan

American

vault

+

4,l56

+

17
748
+2,071

+

+

+

978
690
840

376

+

1,628

+

473

—

+

36

+

265

—

38

-—45

—

6

918

banks

2,545

—

120

+

166

53,715

—

438

+

631

20,500
3,732

i+

10,367

—

Liabilities—

deposits adjusted
deposits except Government

Time
U.

S.

Government

deposits

Foreign

94

+2,195

+ 1,944

+ 1,519

banks

1,269

,

471
18

+

720

+

601

-|-

95

—

223

—

+

328

on

481,252

Redemption Galls and Sinking Fund

+

0.1%

—

0.2%

accep¬

for

for¬

13,711

39

2,315

10

commitments

—

—

17,462
698

preferred

and

including

found

list of

a

those

called

corporate bonds, notes,

for

redemption,
fund provisions.

volume

current

(except where indicated)
given in the "Chronicle."

were

The condition statement of weekly reporting member
banks of the Federal Reserve System in leading cities
ended

the

following

May 19:

in which

Consol.
RKO

mortgage 3%

Theatres

securities, and

an

States Government

increase
deposits

Treasury notes for cash; and

$438 million in

demand

deposits adjusted
and $471 million in demand
deposits credited to domes¬

member

and

banks;

a

agricultural

loans

de¬

total of $70 million at all

the principal

changes were
decreases of $23 million in New York
City, $21 million
m
the Cleveland
District, and $16 million in the San
Francisco District, and an increase of
$19 million in
Chicago. Changes according to industry appear in an¬

other

press

release.

Page

'65 bonds,

capital

series A, due 2039__Jun

15

2145

__Jun

1

2251

Company

and

Amun-Israeli

3%

Loans

million.




to

banks

decreased

$110

Issue—

Housing

sinking fund

Date

Corp.—

bonds

due

Page

1965

July

.

1st mortgage
Brown Shoe

3V2%

bonds

Co.,

Corp.
Corp.

Inc., 3(2% s. f. debentures, due 1971
July
314 % debentures due 1960
___July
3(4% debentures due 1960
Aug

Fedders-Quigan Corp. 5%
500

Fifth

Gas

Jun

.

Avenue,

Inc.

and

1st

5%

mtge.

7- 3
10- 2

5-10

(quar.)_.—___'

41c

6-10

5-10

Greetings Corp. (quar.)—________
American-Hawaiian Steamship Co.
(quar.)_•

25c

6-10

75c

6-12

6-1

Co.________

50c

6-1

5-20

(monthly)-.

20c

6- 1

(quar.)______

Gas

(reduced)

Forging & Socket Co.

American

Electric

&

Co.

__

American

Home

Fire

Products

Assurance

Corp.

Supply Corp.

International

4(4%

preference

American

—

Stock

Foundry

(quar.)___—_

**4%

5-21
5-21

9-1

8-20

com.
(quar.)
37'^c
(quar.2714c
50c
(initial)-—
:—
12%c

6-20
6-30
6-15
6-C4
7-1
6- 1
b-15
9-15

Motors

Optica]

7%

preferred

7%

preferred

$1.25
$1.25
$1.25

(quar.)

(quar.

(quar.)—__—
(quar.)
Chemical

&

:

'

Great
1st

Consolidated
&

Kansas

general

City

mortgage

Southern

1st

mortgage 4%>

1st

mortgage

Minnesota
North

Transfer

Power

6>/2%

Co.,

Ltd.—
due 1960

bonds,

Co.,

non-cum.

5%

non-cum.

*

bonds,

preferred
preferred
preferred

Wquar.)_
preferred (quar.)

Common

7%

Co.

American

1

*

American

Stamping

American

Steel

1

*

Jun

4

2038

series B.

due

1968

Jun

4

2038

3%%

bonds

Jun

1

1373

Seating

Stores

due 1961

Jun

1

2250

—_

—

Co.

Surety

Co.

American

(quar.)

Foundries

American

Telephone

(quar.)—.___—__

iquar.)
(N.

&

Y.)

(s-a)__

Telegraph

Quarterly

6-10
9-10
12-10

6-24
6- 1

6- 1

6- 5
7- 2
6-15
7-1

6%

Water

preferred

Co.

(quar.)—

Works

<quar.)

Co.

5-25

7- 1

5-12
6-18
5-25
6-1
6-11

$2.25

7-15

6-15

85c

6- 1

5-10

37.(40

6- 1

5-14

10c
75c
50c
$1.50

Corp.—
—

American Tobacco

American

series A,

(quar.)
(quar.)
(quar.)

American Radiator & Standard Sanitary Corp.

1933

Co.—

1st mortgage

(quar.l

President Lines, Ltd.—

1

July

______

< quar. I

American

bonds

1st mtge.,

(quar.)_________4—___-_______

5%

Railway—

bonds, series A, due 1975

3%%

Shore Gas

4(4%

Electric

B

*

*

Co., 334%, 1st mtge. bonds due 1971____Jun
General Telephone Corp., 4%
debentures due 1964_
.-July

Class

2246

2247

Service

(quar.——

1

6-21
9-20
12-20

Corp.—

A

1

6- L
6-1
6- 1
6- 1

25c

preferred

preferred B

6-15
6-15
6-15
6-15

50c

(quar.l__

7%

non-cum.

12-15

50c
50c
$1
$1.1834

25c
$1.75

Corp.

Goods, common

Potash

5-25

40c
$1.75
$1.75
$1.75

(quar.)

Co.

•••

6-11
6-11
5-28
6-7
6-15
5-20
b- 1
9- 1
12- I

Co.,

preferred

Co',

American

5%

50c
25c

$1.12(4

Products

Metal

Meter

$4.75

28Yec

6-13

(quar.)

convertible

American

5-H
6-15
6-15
6-15
5-27
5-25

6-1
6- 1

(quar.)_

(quar.)____-___________.

preferred

preferred

6-1
7- 1
7- 1
7-1
6-10
6-10

25c
I2va

Co., Ltd.,.common

Metal

preferred

American

5-14
5-1*
6- 2

2(4%

dividend

American

4(4%

&

6-22

31 '4c

(quar.)_
__
Machinery Co. (quar.)__

Laundry
Machine

6-18

20c

40c
$1.31(4

________________

_________

American

6-1

of Illinois—

Investment Co.

(quar.)

5-19

30c

(quar.)

Corp.—___—_____

prior preferred (quar.)
preference (quar.)

*

1

7-1

6-10
6-1

2245

preferred stocks__July 13
bonds
Jun
1

6-15
6-25

7-15

1

leasehold

5-24
6- 1
6- 1
6-1

10-15

—:

1

Association of Franciscan Fathers of the State of Illinois—

5-11
6- 4

fi-10

1214c
15c
15c

_—

_—

Common

$4

,

7-20

6- 8
6-15

12(40

Common

American & Foreign Power Co.

American

REDEMPTION

8- 2

6- 1

American Paper

stock

5-15
5-14
5-14
,7-19

6-15
5-28
6- 1

(N.

Co.

Class

Celotex

industrial,

creased in most districts and

reporting

Date

6- 1
6- 1
6- 1
8- 2

6-15

American

TENDER

Co.—

PARTIAL

Celotex

tic banks.

Commercial,

Corp.,

changes for the week
An increase of $964 million in holdings

of $1,944 million in United
that reflected the sale of
of

OF
,

Transportation

6-4
5-1T

87(4c

6-30
6- 7
6-15

5(4%

principal

of United States Government

decreases

NOTICE

Company and Issue—
Philadelphia

6-15
6-21

6-21
6- 1

10c
50c
37(4c

American

Condition Statement of Member Banks

7- 1
7- 1

Corp.—

participating

American

sinking
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
the

5-10

75c
$1.25

6-10

preferred (accum.)
American European Securities Co._,
—
American Export Lines, Inc. (quar.)
American Fire & Casualty (Orlando, Fla.)-—
30c

5(4%

under

6- 5

7
6
7
6

25c

Common

called

stock

common

5858-

6969-

J.)—

$1.25

Below will be
45.9%

—_—

Telegraph

District

American

133,123

the details

shows

(quar.)

American Electric Securities

Hospital

+

1
1
1
1
7- 1

t25c
+25c
t$1.31
£$1.32
25c
t50c

Corp. (stock
& Cable Co.

American

Notices
—

6-10

dividend)—2% •
American Chain
(quar.)
1_
50c
American Chicle Co. (quar.)-+=2—62,4c
American
Colortype Co.
(quar.)
25c
American Cyanamid Co., common (quar.)—
50c
3(4%
preferred
(quar.)
—
87 (4 c
Bosch

40,337
8,882

5-27,
5-20

7- 1

10%

Co.

Book

Home

6\265

6-10

50c

American

Interbank demand deposits:
Domestic banks

40c

5-15
5-27

50c

com.

dividend

Stock
American

American

7,983

...

domestic

(30

—

14,433

—

with

1
964

r—

2,400
2,660

Banks

Reserve

"

6-10

$1.12(4
62'4c

(quar.)_
(quar.)—

Co.,

preferred

American

R.

correspondents

Industrial

336

—.115

(quar.)___—
(St. Louis) —

Co.

Ins.

(quar.)

—

Bakeries

conv.

13,786

re¬

F.

combined..

Contingent liability

+

23
110

+

6,513
l._

Federal

capital

accounts

Ratio

4(4%

+

625,013

accounts..

liabilities

133

—

21,385

with

Balances

650

+

+

32,958

bonds

in

4-

56

—

7,709

securities

Other

39

+

'766

_

Government securities—total

Automobile

Quarterly

—

6,582
1

preferred

convertible

3(4%

American

loans

S.

990

—

American

loans—

banks—^

70

+

13b)27,543

Other

66

—

—.

Leather Cos., Inc.r—
6% convertible preferred
(quar.)
American Aggregates, 5%
preferred
American Airlines, Inc.
(quar.)__

American

in__.

paid

—

Borrowings

Capital Accounts—

Capital

141

carrying

or

Treasury bills
;____
Treasury certificates of indebtedness
Treasury notes

144,739

+

449,342

—

2,255

+

20,189

—

—

96

pur¬

Demand
Total deposits
Deferred

—

922

estate

Reserves
—

140

carrying securities-^—2,275

or

loans

Loans

U.
—

—

21,975
dealers

and

5c

15c

—

(quar.)—

Ltd.

5-17

Amalgamated

860

agricultural

and

1st

Aluminium,

-t 4,513

+

securities

13,103

3,495,015
53,362

notes of other

Uncollected
Bank

May 20,
1953

5-14
5-20

6- 1
6-10
6-10

Ltd.—

preferred (quar.)_—
preferred (quar.)
5(4% 2nd preferred (quar.)
5(4% 2nd preferred (quar.)
Aluminum Goods Mfg. Co. (quar.)

39,589

1
industrial

.

Canada,

of

(quar.)

common

(quar.)

1st

4%

80.530

—

brokers

to

Other

1

.

Co.

Aluminum

40,229

-

loans
Loans

and

foreign

investments—total

and

LoanS—gross

124,900

Govt,

S.

loans

from

Loans

1954

America,

of

Co.

6- 4

6-25

9334c

Cement Co
Co. (quar.)

preferred

6-30
6- 5
6- 1

,

50c
5c

(quar.)

—-—

$3.75

1

5-14

50c
25c

Portland
Brewirig

6-

7-20

6- 1

$1
81(4c

Mfg. Co., com. (quar.)
preferred (quar.)
(quar.)——

Co.

6-11

$1

—

Co.

S.)

Aluminum

(In millions of dollars)

Commercial,

L_

May 12,

1954
Assets—

loans—net

Held

agreement

May 19,

744,650

(A.

4%

1,604,075

—

(quar.)

6-11

75c

(quar.)

common

Extra

ber banks follows:

1,544,221

+

50,000

+

6,599,791

conv.

(Louis)

Altes

(quar.)___________

20c
75c
25c
30c
50c
25c

Corp.,

Chalmers

Alpha

Inc. ( +) or

13,029,021

_

Stores

Aloe

Inc.

(quar.)__
._

3(4%

dec. (—) since

Certificates

(quar.)

Inc.

preferred

Allis

reporting member banks.
of assets and liabilities of reporting mem¬

securities:

Bills

Total

Allis

by

Time

districts.

other

Bought outright—

Notes

and

District,

Richmond

the

net of $223 million at all

a

A summary

309,087

—

15

million

Co.

Laboratories,

4%

deposits increased $94 million.
Borrowings decreased $250 million in New York City

38,587

+

24,404

+
—

68,443

—

3,497

—

112,058

+

smaller

Gas

Mills,

Extra

deposits adjusted decreased $141 million in
District, $63 million in the Chicago Dis¬

$57

trict,
+

Allied

Allied

the New York

(quar.)

Chemical & Dye Corp. (increased quar.)

Allied

1953

R.

notes

Government

May 27,

1954

Inc.

Industries,

Allied

notes.

Demand

-) since

Allen

issues of certificates of indebtedness

and bonds, and new

(R. C.)

Allied

maturing issues of certificates-of indebtedness

reflected

(In thousands of dollars)

certificates

changes

Holder*

guaranteed (s-a)_

Semi-annual
Allen

in holdings of Treasury certifi¬
cates of indebtedness, Treasury notes, and United States
Government bonds occurred in nearly all districts; this
Substantial

When

Payable of Ree.

Business Machines, Inc. (quar.)

& Western Ry.

Allegheny

Assets—

2139

Jun

1973— Jun

Whirlpool Corp., preferred stock
in

22

.Jun

debs,

f.

s.

Jun

.140080*

.0349000

4(4%

Gas Co.,

•Announcement

2246

Co.—

mortgage 3%%
Natural

2246

.496766*

.233325

2.808633
2.819179

sterling

pound

Edison

Commonwealth

.140080*

.193330*

**

Kingdom,

,

.496766*

.193330*

franc

Union of South Africa, pound
United

.

.238379*

.

.233325

krona

Switzerland,

.264200
2.790841
.140080*
.496766*
.0349000

,0428082*t

.0428082*t

.210750
.00435401*
.00285625
.238379*
.210833

.0799520

.0799520

peso

Sweden,

'

.00285625

franc

pound

Mexico,

.326633
1.016484
.210800
.00435401*
.00285625
.238379*
.210866
2.818750

1.015625

India, Dominion of, rupee

Due

Page

.264216

.0199750

Germany, Deutsch Mark

.

2293

5%

Co.,

.0199712

Finland,

,

1836

1

Jun 30
and 6% debentures
Basin Oi) Corp., 6%. conv. s. f. notes due 1956
.July 1
Jun
1
Bush Terminal Buildings Co. 7%
cum. pfd. stock
Capital Transit Co.-—
8
4%
1st & ref. mortgage bonds, series A, due 1964— Jun

ACF-Brill

,0352609*t

France

S.

15

CALLED

ISSUE

Company and Issue—

.0385802*

.0385802*

.0428082 "t

Ceylon, rupee

U.

2293
)"

.0352609*t

British Malaysia, Malayan dollar
Canada, dollar

Total

2252

Jun

due 1973- _Jun
1st mortgage bonds, due 1958- _Jun

ref, bonds, ser. C, 3(4 %,

Free

Other

1935

Co.—

Basic

Gold

2079

.0719820*

.0719820*
2.245517

2.245849
.0385802*

2.246015

2.246347

1964—Jun

& ref.

1st

1st lien & mtge.

.200000*

.133333*

.133333*
.0719820*

.133333*

.133333*

Free

May 27

May Hi

.200000*

Transmission

Gas

Corp.—
$4.50 cumulative first preferred stock
Virginian Ry.—

Thursday

Wednesday

.200000"

.200000*

.200000"

Australia,

$
Tuesday
May 25

$

$.
Friday

Argentina peso—

due

Glass Sand Corp.—
3(4% bonds, due 1960________________ Jun

mortgage pipe line 4(4%
& New Orleans RR,—~

3(4%

United
•

debs,

mortgage

Texas
Noon Buying Rate

Country and Monetary Unit

f.

s.

—

RESERVE BANK TO TREASURY UNDER

FEDERAL

BY

MAY

3(4%

Corp.,

Pittston Co., 5% coll. trust s. f. notes, ser. B, due 1968_Jun
Republic Steel Corp., 3% 1st mtge. bonds due 1965
Jun
St. Joseph Light & Power Co.—
3%
1st mortgage bonds due 1979
July
Sperry Corp., 3(4%- sinking fund debs, due 1969—
Jun
Sunray Oil Corp., 5(2% cumul. conv. 2nd pfd. stock
-July

We give below a record for the week just passed:

countries of the world.

Page

1
1
1

Western

Pennsylvania
1st

Pursuant to the requirement

Oil

1

Pacific

Inc.

Volume 179

Number 5329

-

The Commercial and Financial Chronicle

...

Per

■

Name of Company
American

7%

Woolen

Co.,

preferred

American

preferred
Corp.

preferred

National

(quar.)

Bonus

Inc..

(s-a)

Co.,

$3

preferred

Western

Steel

Armco

Corp.

Cork

$4

Equipment

$5

Oil

_,S1.50

6%

British

Broderick

Ord.

22V2C
27lie

6-

5-

3

$3

6-

5-

3

Brown

Rubber

6-

(quar.)

com.

5-

3

Brown

&

5-

3

Brown

Shoe

6-30

6-

9

Brunner

23c

6-15

5-31

6-15
6-15
6-19

6-

Atlantic

Coast

Atlantic

Refining

ntiouuc

preferred

Corp.

Atlas

Powder

Buckeye Pipe Line Co.

7

Budd

$5

7

Auto

5-19

Bullock

5-24

Bullock's Inc.,

6-15

5-24

6-15

5-24

Bulolo

6-

1

5-

7

Bunker

$1.3114
$1.50

6-

1

5-

7

1

5-

,

Class A

7-

1

6-15

'416%

4%

6-

6-

2

1

Baldwin

preferred

(from

1

Byllesby

6-14

6-

1

Bymart-Tintair,

7-

6-15

6-

1
1

6-22

5%

5-28

1

5-17

5-31

6-

7-

of

iW.
Oil

RR.

6-10

Co.,

(quar.)

common

of N.

7-15

6-30
9-30

1-14-55

12-31

Canada

5-14

Canada
Canada

6%

?

6-

1

Belden

Ties,

class

A

45c

Canada

Life

Canada

7-

1

6 10

1

6-10

$1.06

7-

133/4c

6-14

6-

5%

6-22

5-14

Extra

5%

6-15

5-31
5-19

Class

Mfg.

Co.

6-

5-26

$75c
25c

common...

Co.

Howell

&

414%

9

6-30

5-

1

5-14

1

Co.,

6-

9

5-24

Canadian

7-

9

6-24

7-

1

6-

6-21

Fine

Limestone

4%

Spinning

Foundry

Bethlehem

Steel

Machine

&

(quar.)_

Co.

(s-a)

5%

Electric

Sivalls

Blackstone
4.25%

5%

Btaw-Knox

Blue

Bell.

Blue

(quar.)

Boston
Boston

6%

7-

30c

6-21

5-24

Canadian

1

5-10

6-18

Bound

Br^ok

Roller
J.*

6-

1

Canadian

Vickers,

6-19

Canadian

Wirebound

$1.1216

6-

1

5-18

Canr^pn Mills Co., common

1

5-19

6-10

class

Class

B

A

Corp.
&

$1.35

6-

1

5-20

Inc.-—

7-

——

share

Tel.

share

of

common

stock

(quar.)-

5-31

5-21

Carriers

2>c

6-30

6-15

net

(initial)—

50c

6-10

6-

1

35c

6-15

6-

1

21c

6-

25c

6-14

6-

60c

6-

1

5-

7

Si

6-

1

5-12

87l6c

7-

1

6-16

SI

6-

1

5-20

50c

6-

1

5-22

5-14

(S-a>

S3

(s-a)

15c

6-

4

1

5-21

7-

1

6-

$25c

6-

1

5-

4

4

I.)

Casmont
Castle

B

M.t

Stock

5%

1

Ltd.,

preferred

(quar.)

4.80%
Clark

preferred

(quar.)___—___________

Hosiery

Cliffs

$4.50

Electric

preferred

Cleveland &

4%>

12-30

6-30

Farm

1

.—__—,

1

Co.

Co.

(monthly)

div.)
—

B

(quar.)—
—
Gas Co. (quar.)_____—_

——

Columbian

Carbon

Columbian

National Life Insur.

Co.

(quar.)_—
Co.

I—
Mutual Life
Locks

Paper

40c
50c

6-

50c

6-

25c
25c
$1.75
$$1.75

Co.

class A

Co.,

(quar.)

_—_—

4%

com.

Nast
Mills

Publications.

Corp.

preferred

————

Central Illinois Light

—-—

Quarterly

——

4%

8-10

7-20

8-10

7-20

(quar.)

(quar.)—

1

6-25
7-

1

6-21

Congoleum-Nairn, Inc.
(quar.)
Connecticut Light & Power__—
Power (quar.)
Connohio,

8

40c

5-14

40c

6-

6-

4

6-11

8
8

683/4c

6-30

6-

317.C

6-30

6-15

1

5-15

6-

25c

6-11

6-1

6-11

5-28

6-11

5-28

10c

6-30

6-18

6-10

5-14

6-

1

6-10

$5

10-11

9-17

1

5-10

25C

6-

6-30

6-

1

Inc.,

6-

1

6-

1

5-21

$1

6-

1

5-21

6-15

5-25

6-15

6-

6-

1

5-20

6-

1

5-20

$38c

Connecticut
2

6-

common

(s-a)___

preferred (quar.)__
preferred (quar.t

2

(Toronto)—

7-20

Co., common

Life

Association

8-10

7-

6-30

20c

(reduced)

(quar.)—

50c

6-

62 72 C

30c

(quar.)

(quar.)—

6-21

5-25

15c

(quar.)

Inc.

Quarterly

$2.50
10c
$1.25
55c
$1.12y2

6-15

6-22

25c

Quarterly

(quar.)——__

5-14

272%

5-21

Confederation

(s-a)

5-21

1
1

(Philadelphia)—

Co.

5-28

;

1

67-

30c

Title

(quar.)

5-14

Ltd.

6-

10c

$1.3772

preferred

5-14

$1.05

50c

preferred (quar.)____——
(quar.)
—

prior

6-10

——

5-21

5-21

5-31

——

1

5-21

5-31

—

6-

1

30c

(quar.)

5-21

65c

$12c
$25c

common

1

1

Conde
Cone

3

6-

6-

5-21
6-12

6-15

6-

50c

6-

6-15

6-14

5-28

6-30

IV2C

6-30
1

(quar.)

__—

common

6-10

2

6-11

6-29

877zc

Corp.,

preferred (quar.)___
Community Public Service Co.

7-

5-28

50c

(s-a)

Insurance

4%

7-

5-

4

(quar.)

Commonwealth
Common

6-15

1

6-

(Boston)

Quarterly
Combined

1

6-

40c

(s-a)

,

7-

1
1

tlOc

56c

(quar.)___________——
Insurance (Wash. D. C.)

Columbus

12V?c

6-

Inc.—

Title

1

from

6-12

40c

5-14

$3.50

6-14

6-14

25c

(quar.)

(quar,):

Credit

(quar.)—

____

(quar.

A

Discount

(quar.)—

______

_______—

Power

Co. (quar.).
Broadcasting System,

5'/2%

7-10

1

1

62 72c

5-17

5-25

7-20

5c

(quar.t—_—

1

5-14

5-25

8772C

(quar

(quar.)___.

common

1

5-14

6-16

7-

53 7aC

...

8-

1

6-16

1

25c

—

pfd.

6-

6-10

1

7-

7-

35c

__———

$3.50

30c

7-

6-10

$1

Mfg.

Columbia

10c

1

$7.40

Milling & Elevator Co,

B

5-21
6-

—

Corp

Interstate

Class

6-10

5-17

75c

Colorado

5-24

6-11

6-

$1.1272

(quar.)_—

Inc.,

5-10
5-28

10c

(monthly)

(quar.)

Stone

&

5-10

1

6-10

10c

A

6-12

5-15

6-

Co.,

preferred

Class

1

25c

8772C

Equipment, Ltd
(quar.)

preferred

Colt's

6-21

12-20

6-

50c

(quar:)

Colorado Fuel & Iron Corp., com. (stock

Columbia

5-21

1

7-

3

(quar.)

6-10

6-11

1-3-55

6- 4

Monthly

5-24

5-21

1

1

common

Central

1

5-26

6-

7-

(quar.)

preferred

6-11

5-31

5-26

$1.12 7a

(quar.)____

5%

6-15
6-10

6-15

3

Co.

Co.

Co.,

5 V2 %

36c

6-

preferred

5-20

5-31

6-

preferred

5-20

5-11
5-21

(quar.)——______—___

(St. Louisl__
(quar.)—

Co.

Stores

1

1
1

6-15

6-

Bottling

Sand

1

6-

6-

25c

6-15

International

Colorado

$1.25

6-15

Inc., com.

Foil

4%

6-

30c

tmontnly)
preferred (quar.)

Coleman

5-2<

20c

(quar.)

Chemical

Cochran

1

$1.1272

common

i/ommon

Coca-Cola

6-

15C

(quar.)

Clinton Foods,

Coca-Cola

6-1!

56'Ac

(quar.)__

Co.,

guaranteed

Corp.

4V2%

1

$1.50

Illuminating Co.—
(quar.)

guaranteed

Clevite

7-

Pittsburgh RR. Co.—

special

7%

$1.37 72

$1.50

(quar.)

Corp.

Iron

preferred

Cleveland

7-23

2

75c

—.____

Machine

Cleveland

1

8-

25c

Semi-annual

Clearing

5-20

8-

20C

$1.25

(quar.)

(quar.)

Co.

1

6-

25c

—-—

(quar.)____—

Equipment Co., com.
preferred (quar.)

5%>

Commercial

pfd.

—_

^___
common

L.)

6-18

6-

$1.75

—___——

(quar.)

Co

Controller,

(D.

5-13

6-28

50C

City Specialty Stores, Inc., 4»/2% pfd. (quar.)
of Chattanooga—

Commercial

(quar.)

preferred

5 Va %'

7

12c

$1
•

Co

5-28

class A

Investments,

preference

preferred

4%2%

7%

dividend

Central Foundry Co.,

5%

Utilities

6-23

(quar.)

Co.,

preferred
Canada

6-10

40c

(quar.)

——_______L_

Co.

Products Ltd.,

Tractor

8-15

6-21

(quarterly

5-15

6-24

6-

1

1

11-15

6-

1

5-15

6-

81.25

1

7-

Corp. (quar.)
7% preferred (quar.)—

&

9-29

6-

1

1

$2

;

(quar.)__

Caterpillar

Central

Co.,

10-15

for

(quar.)————

Industries,

(A.

Class

4

6-

6-

75c

(quar.)

6-10

6-19*

25c

(quar.)_

Ltd.. class A

Mills

(J.

Corp.

income)

Plywood

Catelli Food

1

50c

(quar.)__.
(quar.)




investment

4.20%
6-

General

&

Carthage
Case

Co.—
6-15

Co.

(qukr.)^

Cascades

4

1

Steel

Corp.

6-29

6-30

5-15

6-

9-

5%

2

7-15

7-

5-17

1

12-

Colonial

75c
35c

—

(quar.)

Carrier

fquar.)

7-

7-15

6-21

6-

$1.25

Colonial

2

1 15

1

6-12

$1.25

Colgate-Palmolive

2

7-

5-24

7-

'quar.)

—!___

(quar.t—

Carpenter Paper Co.

(s-at_

5-14

—_________

Tel.

6-15
5-14

7-

6-14

(quar.)

Cockshutt
6-

6-16

nreferred

—

held

&

2

1

.

—_

Carpenter

._.—

Rubber

Co.

additional

Carolina

,

5-14

6-15

$1.25
10c
$1.06V4

—

6-19

——___■_

Trust

Co..

One

1

1

7-

1

preferred

Clorox

40c

4!/4%

5-12

(quar.)__.

(quar.)

Sons

1

4

1

—

(quar.)

6-25

6

5-31

6-

75c

(quar.)

Co.,

1

America-—

of

3

5-15

2

I

(quar.)_____

Corp.

5-

1

6-

(quar.)—

common

6-30

(quar )

1

6-

6-

7-

Pacific

(quar.)

Colorado

(quar.t__—

6-11

C.)

6-

7-

$37'/2c

15c

(N.

3

7-

(quar.)

75c

lquar.)_

_—

Casket

1

5-

Ltd.—

Boxes,

30c

preferred

common

Water

6-15

62'6c

preferred

each

(quar.)

Co.

Bearing

6-

7-

35c

6-15

1

5-10

$37'/2c

quar.)__

preferred (quar.t——
Carolina Power & Light Co. (stock dividend 1

Electric—

6%

&

6-23

$1 0614

5%

(increased

Mfg. Co.,

Texas

&

Clayton & Lambert Mfg. Co. (quar.)
Clearfield & Mahoning Ry. (s-a)

2

2

3

5-20

$1

5-14

7-

6-

6-15

3

6-

1

75c

(quar.)

com.

Claussner

$$1.12 Vz
$$1.12'/2
$15c

(quar.)

Co.

(Philip)

preferred

6-

6-

$74

_________

(quar.)
New
Orleans

o%

5-24

6-18

$1.50

common„j_.

preferred

Cincinnati,

6-14

6-18

$1.75

Co.,

(quar.)—

Cincinnati Milling Machine Co.,

4%

6-14

5

6-

$2.50

(s-a)

(quar.)_

4 %

(quar.)__„

Carborundum

Carey

Ltd.

pfd.

5-14

$$2

(quar.t

1

Inc.

6-30
6-30

6-17

$1.75

(quar.)

Co

Securities

preferred

5-28

6-23

12 72C

preferred

6-15

.J $$1.12V2

(quar.)

Corp.

7 %

6-16

6-15

75c

2

$10c

Carlisle

Trust

Brantford Cordage

Tire

Carman

Brass

Hose

&

preferred

5-20

(quar.)

Burial

4y2%

1

6-22

6-10

Ltd.—

7-

6-

5-31

2

$$1
$$1.25
$$1.25

(quar.)___—___

(quar.)

7-

$1.25

6-15

5-14

Extra

6-

1

Christiana

6-30

$1.50

Chlpman Knitting Mills, 5%>

Chrysler,

6-24

$1.25

—

common

Cab

Clark

$$1

!

(quar.)

preferred

5-20

Rent

preferred

%

5-25

Corp.,

Woven

<E.

6-18

1

Estate Trust

Rc2l

Bower

Brach

5

1

(quar.)—

preferred

Boyertown

7-

Yellow

5-14

1

(quar.)__________!

preferred

convertible

6-30

40c

(quar.)

Co.,

1

25c

(quar.)

5%
preferred A (quar.)—_—
Chicago Title & Trust Co. (quar.)

Towel

1

1

12-

$1.25

Co.

Chicago Rivet & Machine Co. (quar.)_
Chicago Rock Island & Pacific RR.—

Chicago

710-

$1.25

BuildingJ

Arts

2

12-15

6272C

;

8-

10-15

Ry.—

(quar.)____

Lumber

&

1

1

Trust,

—

preferred

Refractories

1st

Mill

6-

6-15

50c

50c

7-

$10c

(quar.)

preferred

Canadian

6-

(quar.)

Ground

8%

7

6-

(quar. I

Inc.

Borg-Warr.er
Boston

5-

6-10

(quar.)—

Investment

3l6%

5-14

1

32c

Insurance

Co.

1

6-

Chicago

for

—__

(quar.)
Great Western

City Water Co.
5% preferred

7-

5-14

50c

preferred
Chicago Medical

6-

$10c

(quar.)

1

adopted.

(quar.)

5-10

$$1.25

pfd.

6-

(quar.)

Coca-Cola

Investment

Ltd., 4%

redeemable

15c

preferred

Inc.

Stores.

Borden

preferred

5%

$1.05

Gas( &

Aluminum &

Bond
Bond

5%

5-14

Machine Co.—

Boeing Airplane Co., new common
Bohn

5-14

(quar.)_.—.___—
Light, common (quar.)

Tobacco,

Ridge

1
1

is

A

1

6-30

—

(quar.)_—___

Cos.,

6-

$1.50
____•_

—

preferred

Bryson,

Co.

Brcs.

Oil

A

A

Class

2

6-

common

preferred

(quar.)

prelerred

Blauner's.
Bloch

&

Valley

Ltd.,
5%

Canadian

class

$2

Class

7-

6-10

(decreased)

4

if the pending Fed¬

purposes

bill

6-15

$20c

International

tax

tax

6-

$85c

(quar.)

(quar.)__________

&

preferred
preferred

5.40%

Black.

Co.

Power

A

6-

30c

Hills

4.20%

5-14

6-

5-14
5-20

Co., Ltd.—

35c

—

Quarterly
Black

5-10

25c

8

6-21

$25c

-

(quar.)_
investment

net

Co., Ltd.

$1.75

Blrdsboro Steel Foundry &

Birtman

5-31

$1.25

(quar.)

Inc..

Canadian

4»/2%

common

Co.

Son.

&

Class

5-31

50c

(reduced).
Bigelow-Sanford Carpet Co.—
416% preferred (quar.)
Bird

5-17

2

50c

Corp.,

preferred
Mfg.

1

7-

Co.—

(quar.)— r__

Bethlehem

,7%

Associates
Cement

iquar.i—

preferred

Bibb

&

6-

$15c

$1

(initial)

preferred

Berkshire

6-

$43%c
(s-at

—

Elec.

Machine

25c

(quar.)

(quar.)

(From

income

Canadian Ice

eral

6-28

$25c

Canadian General

Income

7-28

4

Ltd.

6-

the
the

City Auto Stamping Co. (quar.)
City Baking Co., 7% preferred (quar.)
City Investing Co., common (s-a I

6-

25c

2

directors of
2 to permit
5% credit

a

6-10

6-30

Canadian Fairbanks-Morse Co.,

5-28

the

by

1

4

Inc.

postponed

company until August
shareholders to claim

7-

6-

—

7

6-25

75c

Citizens

6-30

(quar.).

1

7-

75c

(quar.)

6-

$15c

(reduced!—

com.

6-

1

8-

RR.—

6-

5-31

Fund,

Illinois

6-15

5-31

preferred

preference

$3

Eastern

6-15

5-17

$1.75 preferred (quar.)___
Canadian Dredge & Dock Co., Ltd.

1

6-15

6-15

$1

&

Circle Wire & Cable Corp.
Cities Service Co. (quar.)

7-

Ltd.,

6-21

t °fr

5-31

Celanese,

6-30

75C

8772C

quarterly payment of 50c on the class
A
stock payable July
15 to holders of
record July
1 previously reported here

$4.50

—

5-17

7-15

5 7c

6-

$$1.25
$20c

(quar.)

5-29

1

6-

The

ivj.,

6-

$65c
$$1.25

;

5-17

6

1

Ltd.—

Co.,

5-14

2

(quar.)_

(quar.)____

1

6-

%

6-10

$3.50
$1.1272

(quar.)

$50c
$50c
(quar.t_

6-11

25c

$75c

—

Mortgage Corp.

1

6-

6-

5-

$30c

(quar.t

6-

7-

6-15

$25c

B

Corp.,

Chicago

Clark

(quar.)__

Co.

Cable

6-

1

$$1.50
$25c
$25c

(quar.)_

(quar.)

$1.06V4

common

Ltd.

6-

30c

5

5-17

6-15

50c
$32y2C«

(quar)__

$1.25

17V2c

5

91

5-

6-

55c
$7'/2c

(quar.)
(quar.)

5-10

7-1

(quar.)

27c

$1.1834

$1716c

(quar.)__

(quar.)___

5-

6-

Canadian

5-27

6-

1

$25c

Class

4

,6-11

1

Canadian Bakeries, Ltd. (s-a)—
Canadian
Breweries,
Ltd.
(interim)

6-10

6-

66-

6-24

15c

Co.

; 6-1

Chesapeake & Ohio Ry., com. (quar.)
3y27c
conv.
preferred (quar.)
Chesebrough Mfg. Co.
(Consol.)
(quar.)

Chicago

1

35c
25c

Sugar Ltd.

Ltd.

&

6-

$$1
$75c

40c

.

(quar.)

common

Co.

Bessemer
Common

12V*c

(quar.)

Co.

4

50c

$1.12 >/2

(quar.)

27y2c

5Cc

(quar.)—.:
Co.

preferred

434%

$16.70

15c

com.

25c

(quar.)

Ltd.

Heminway
Gossett

&

5-20

(quar.)_

Co.,

40c

(quar.)

Co.

(quar.)_

preferred

Belding
Bell

5-31

5-17

Ltd.

America__.

preferred

Common

6-18

6-15

25c

Ltd., 5% 1st pfd.
preferred (quar.)

A

5-25

1

-

Wire

6-15

7-20

$37Vfec

Vinegars,

Canada

6-10

8

$1.12J/2

Safeway

2nd

Canada

8

6-30

(quar.t

Permanent

Canada

710-

31J/4c

—

Canada

4

7-29
10-29

Co., 5% pfd. (quar.)__
5% preferred fquar.)_

Assurance

of

5%

6-30

Foundries,

Co.

(A. B.)

Chicago

$$3.50

Co.

6-

1%

dividend)

& Cannon Foundry'

Malting,

$1.75

Iron

7

25c

(quar.)

4

1

1216c

(quar.)

—

RR.

A

6-

25c

Ltd.,

Co.,

Inc.

Packing

Belding-Certicelli,
7%

8

class A (quar.)______—
Foundry & Forgings, Ltd.— '

7-

40c
(quar.)

com.

Special
Nut

10-

Flooring,

7-- 1

$80c

(quar.)__

(quar.),

Paper

Inc.,

Creek

10-29

(quar,)__
Mines, Ltd

preference

15c

Co.

(quar.)_
S.t Shoe Corp.—
preferred (quar.)__
Aircraft
Corp.
(special).—______—

Beech

8

(quar.)___

Lake

7-20

(A.

Beech

7-

7-30

Power

Canada & Dominion

J.

___

preferred

Eeech

6-10

7-29

$llc

Canada Cement Co., Ltd., 6'/2% pref.
Canada Crushed & Cut Stone—

Class

_________

&

Brummel

436%

5-

7-

6-15

Service

Campbell Wyant
1

Co.—

Co.__

Mills.

6-

(quar.)

Water

Campbell Red

4

10-15

10c

Canada, Ltd.

H.)

Power

Beaunit

7

(quar.)

$1.25

Refractories, Inc.,

Bathurst

7

$10c

Utilities

preferred

California

$1.50

(quar.)

dividend

Barber

&

preferred

5.40%

5-10

;

Inc.,

preferred

5'/2%

5-17

6-18

M.)

California-Pacific

5-25

6-

(H.

California Electric

$1.50

:

Bankers National Life Insurance Co.

Bell

6-

6-

$1.12Va

(quar.)

(s-a)

6-14

5-17

30c

this

6-15

7-12

6-11

7%

plus

10c

was

1

8-

7

'

Hvdro-Electric

Stock

preferred

5-18

$50c

Brothers, common (quar.)__
preferred (quar.)_„
Copper & Zinc (reduced)—!
Butterfly Hosiery, Ltd., common

7

$1.50

l

preferred (quar.)—'
414%
preferred (quar.)
Bank Building & Equipment Corp. of Amer¬
ica
(increased
quar.t!

Barber-Ellis

for

5-

5-14

5-12

$50c

4y2%

7%

1

5-

Butte

5-26

1

6-

preferred (entire
redemption on June 1 at

share

6- 1

,

5c

.

7%

$5

6-10

25c

(quar.)

(quar.)

Aroostook

<fc

Bangor

Beck

5-24

10c

Corp.

(quar.)

preferred

Beau

5-15

investment

(quar.)
preferred (quar.)
Baltimore Radio Shoe (quar.)

Basic

1

6-21

6-

6-

6-1

5-

(quar.)

Bldgs.,

called
per

30c

preferred

Bangor

Corp.

Terminal

$100

50c

4%

Bareco

5-14

Bush

Co.—

5%

5%

Burton-Dixie

2216c

(quar.)

(quar.)—

"A"

T.), Inc.

j6-%

'

5-23

America—

;

(B.

1

preferred

Chdmberlin

Chicago

5-

;

6-

issue

1

5-18

$50c

4Vu%

5-24

5-28

6

6-

Dry Dock Co., Ltd., class A
Burroughs Corp. (quar.)

5-14

6-

6-

$50c

Burrus

5-21

6-10

6-15

6-

Burrard

6-11

1

$25c

4-30

6-15

6-

87!/2C

common—

Mills,

6-15

Chapman Valve Mfg., 7% preferred (quar.)_
Chenango & Unadilla Telephone Corp.

6-

common:

B

1

25c

Chance

$1

5-23

$1216c

(quar.)

Fund

Colleries

Babbitt

B

4

15c

6-

5-17

6-10

6-15

6-15

5-17

5-14

1

Century Ribbon Mills, Inc. (quar.)
Certain-Teed Products Corp. (quar.)

5-14

6-21

6-15

1

7-

6-

1

1

7-

6-14

1

15c

preference

Class

6-11

$1.19

1

1

5-11

$1.04

6-

6-

5-31

12»/2C

6-

$1.05

com

(quar.)

5-23

tl5c

(quar.)

com.

preferred

income)

Ayrshire

A

(quar.)

preferred (quar.)
Electric Co.
(quar.)

6-

12'/2C

Co., Ltd., class A preference—

Class

1

preferred

Champion Paper & Fibre Co., com.
$4.50 preferred (quar.)

7-

6-

67720

(quar.)

5-18

(quar.)_j

preferred

preferred

6-11

Public Service—

5-20

Concen¬

&

1

$4c

:

Alarm

Axe-Houghton

preferred

5.40%

1

25c

1

$1

(quar.)

25c

Inc.

Mining

1

50c

-

convertible
Fire

Sullivan

&

!u_
(quar.)

6-1

5c

Butler

Service* Ltd.,

Products.

Hill

Central Vermont

Co.

6-

$50c

1

50c

.

5-20

20c

Ltd.

6-

6-11

1

1

6-

$55c

of

Century

Wire

30c
60c
2%

3V2% preferred (quar.)_
Burlington Steel, Ltd. (quar.)--

5-21

Ltu.—

Co.

'4.75%

3

25c

(quar.)

Dredging,

50c

(quar.)

Automatic
Avon

Gold

$1.25

(quar.)

3

5-

25c

6-

$1.25

(quar.)

5-

1

$1.25

$1.15

Co.

5-14

1

6-

37V2C

30c

$1.25

(quar.)

3

6-

[ 25c

$1.1216

(quar.)

6-

$1.10
$1.10
25c
$1.50

(quar.)

Class

7-

45c

quar.)
(quar.)

Canteen

'Common

16y4c

(quar.)_

Burlington Mills Corp.,

1

6-10

$1.50

i

<quar.)_

Automatic

preferred

trating Co.

7

6-

4%

Burns &

(accum.)

Telephone,

(quar.)

com.

6-10

$1.50

6-10

Central

6-

6-10

7-1
1

3

4-30

6-10

1

6-16

5-31

ii-15

6-10

1

6-

7-

7-

5-

4.157c

1

6-30

7-

1

5-21

30c

87V2C
$1.15

9

6-11

$1.17 y2

$1.183A

7-

Ltd

Fund,

4.20%

$1

Mines, Ltd._

Electric

preferred

1

6-15

5-15

(quar.)
(quar.)

6-

(quar.)

common

1

(quar.)

7d
$50c

20c

7

6-*9

6-

(quar.)

preferred

preferred
Steel &

$1.25

7

Co.,

preferred

4.757c
Central

(quar.)

5-

6-10

4.60%

6-4

4y2%

5-

6-

1

preferred
(quar.)
Maine Power Co., common
preferred (quar.)

3

—

5-

5

40c

(s-a)

Co.

dividend)

1

5-

3.50%

^

(quar.)

75c

8

6-

2

4.70%
Central

5-

(quar.)

Co.

(stock

6-30

$1.12V2

!

25c

6-15
6-15

7-

6-15

9

—

6-

5614c

6-

preferred

6-

(quar.)

Co.

6-30

4.50%

$1.25

6-

40c

(increased

Aunor Gold

Co.

3716c

(quar.)

—

(Conn.)

RR.

Co.

..uiCou.er.-,

».

i516%
Atlas

Line

(quar.)

Sharpe Mfg.
Mfg.

25c

(quar.)___

com.

common

Co.

6-

Brunswig Drug Co. (quar.)
Bryant Chucking Grinding Co. (quar.)
Special
;__

$1

pfd.

(quar.)

Line

6-15

!___

(quar.)—

75c

(quar.)_

Coast

5-14
7-1

——

75c
93%c

(quar.)

.__

preferred

1

7-15

(quar.)—

(quar.)

com.

Co.

$5 preferred

5-31

2216c

(increased)

(quar.)

4.60%

5-28

Brunswick-Balke-Collfcnder Co.—

5-31

343,ac

preferred

Co..

6-15

7d
Co.

6-19

$1.31 V*

Electric—

Co., $5 1st preference (quar.)
2nd preference (quar.)—_____

6-

45c

preferred

Louisiana

Brown

Telegraph—

416%
Atlantic

preferred

1216c

■

Light

Bigelow,

62lie
:

Topeka & Santa Fe Ry Co.—
Quarterly
Ga«

&

4-30

37l/2C

Co.

Central

__

6-

Inc.—-

Investment

6-15

5-28

(quar)

.

(final)
Telephone

Columbia

6-

Atchison.
Atlanta

registered

$$1.12(6

iquar.)_.

&

Transport,

Associates

6-24

6-19

$1.23

preferred

67c

4-30

Co.,

iquar.)

convertible

5-11

(final)

5-20

6-30
6-30

(quar.)

5'/4%

$25c
$2174C

(quar.)

1

reduced)1

i

9

6-30

bearer

Hoc
(quar.)

preferred

6-10

$1

5-21

6-

Co., Ltd.—

Brown

(quar.)

Telephone

A

6-

Ord.

Ltd.

Co.,

Co., Ltd. (increased (quar.)
Tobacco

5-14

Co.

Spring Corp.

Common

6-10

$1.25

Associated

Class

8-10

Banknote

Oil

6-11

(quar.

Associated

Associated

Amer.

25c

,

30c

(quar.)
preferred quar.)

1

& Bascom Rope class A (quar.)
Brooklyn Borough Gas, 4.40% pfd. A (quar.)
4.40%
preferred B (quar.)—

____»

416 %

preferred

American

British-American

6%

4%

Payable of Rec.

Co.—

Common

6-15

$283/4c
25c
933/4C

(quar.)

—_____

6-24

2r.d

2nd

British

British

6-10

(quar.)

5-10

preferred (quar.t_
Associated Dry Goods, common (quar.)__
'5.25% preferred (quar.)_.
6%

5-10
7-

pfd.
(interim)

com.

5-21

common

Refining Co.,

prt-erred

1

Ltd., 5%

Co.,

&

1

common

Corp.,

&

6-

(T. G.)

1

preferred (quar.i
preferred
(quar.)_____

Ashland

Bristol-Myers Co.,
33A%
preferred

7-23

$3

5-10

2

7-

4.92%

$48Vhc
25c

______

6-30

(quar.i__

Co.,

(quar.)

6-

$3.75

Aro

Bright

5-21

59c

Gas

Corp.

1

6-

6%
preferred (quar.)
5'6%
preferred
(quar.)

Armstrong

6-28
6-18

1

9

6-15

v

75c

Co

Power

^

50c

(quar.)

(quar.)

Arkansas-Missouri

$50c
$$1.50

.

Share

Public Service

Holdert

When

Per

Name of Company
Central Illinois

pid.

____

preferred

Gas

Power

Extra

3-10

$1

(quar. t

preferred

Arkansas

6-10

6-30

7-

$15c

'

$2.50

Louisiana

&

(quar.)

Co.

>$2.36

Arkansas

Heat

Holdirt

When

Payable 0] Rec.

15c

Briggs & Stratton

$25c

____________________

par tic.

(quar.)
Service Co.,

Public

5

9

25%

(quar.)

(quar.)

preferred

$1,10

Light

Co., Ltd., common.....
preferred (quar.)
!—
& Tank Co. of Canaua—
$2.90 preference
(initial)

6-

30c

common

(quar.)__
(quar.)

;

7-

2

6-16

40c

(quar.)

Milis,

Corp. (quar.)
Corp., Ltd., common

4(6 %

Traction

Share

6%

5-28

8-

t20c

(s-a)

Oil

Arizona

Brazilian

1216%

preferred
Farms

6-28

$2.25

!„_

(qqar.)_

Ltd.

Archer-Daniels-Midland

;

1

6-11

.___

Corp.

_____—

Arcade. Cotton

Argus

7-

6-25

$4

Corp.,

Anheuser-Busch,

Argo

7-15

$1.25

Anglo-Canadian Telephone, class A
Anglo-Huronian, Ltd. (s-a)_;
Anglo-Iranian Oil Co., Ltd. (final)

6%

1

25c

Anderson-Prichard Oil

;

Name of Company

Briage

Amoskeag Co., com
$4.50 preferred (s-at

Afden

6-

12'/2C

(quar.)

6-15

$1.75

Paper

Per

Holdcri

Payable of Ree

$1

(quar.)_

<quar.t_

prior

Andian

When

Share

Zinc, Lead & Smelting Co.—

Common
S5

$4

%

(quar.»_

Writing

American

'

51

(2411)

6-15

6-10

$37c

9-15

9-10

t38c

12-15

12-10

3IV2C

6-15

6-

1

22c

7-

1

6-

1

5674C

6-

1

5-15

15c

7-

1

•6-19

10c

7-

1

6-19

10c

10-

1

9-20

6-30

6-11

—

Consolidated Cement Corp.—

$1.40

class A

(quar.)

35c

J

■

t

Diversified

$2.50

Edison

l

Consolidated

1

(s-a»

of

Co.

Y,

N.

Consolidated

*

Laundries

Consolidated

Liquidating

Consolidated

Paper

Consolidated
■■■:

preferred

5%

■

Consolidated

f.

Corp.

Corp.

Glass,

preferred

$3.75

1

5-1*)

Dominion

6-

5*19

6-

class

Ltd.,

112(r

(quar.)

A

tioc
75c

——I—__

1

7%

5-

1

Cnemical

Dow

Co.

2

7-

2

7-

2

6-

1

Co.,

5-15

Food

preferred (quar.)
Drewrys, Ltd. U. S. A. Inc., common

933/<c

6-15

6-

35c

6-10

5-25

717/BC

6-10

5-25

5-20
6-16

60c

(quar.)-.-—

6-15

5-25

7-

6-15

933/iC

$1.06'A
65c

—'

20c

$1.13

preferred

7-

1

6-15

1

5-18

6-30

6-

2

1

5-

5

6-11

6-

1

7-

1

preferred
iquar.)
preferred
(quar.)—
Power Co.,
common
(quar.)

Duke

7%

preferred
&

Dun

4'/2%

6-15

(quar.)-

Bradstreet,

t$1.20

7-15

7-12

Class

75c

6-15

6-

1

Duncan

6-25

6-

4

A

(quar.)

(quar.

65c

6-14

5-24

(quar. I

35c

6-15

6-

25c

6-

1

5-10

Co.,

(quar.)

common

1

Bonus

Durez

75c

6-

1

5-10

50c

6-10

5-27

Corp.

(quar.)

6-10

5-21

5%

$2

6-14

(quar..)__.

50c

6-10

62'Ac
75c

1

$1.75

7-

1

7-

1

2

7-22

15c

11-

1

10-22

6-10

5-31

&

Chemicals,

12V2C

—

5-17

Inc.

■Copeland Refrigeration
Range

Copper

Co.

(quar.i

Copperweld Steel Co.,

5%. preferred

4

Corby

■

(H,|

Class

Distillery, Ltd., class A

1:50c

Papeiboard

Inc.,

"

Products

(quar.)_

Duval

5-25

Eagle-Picher

6-10

5-25

East St.

6-10

5-25

6%
7%

1
1

5-

6

5-

6

Eastern

5-28

Eastern

15c

(quar.)

—

——

6-30

6-15

$1 dividend preferred A

Corrugated

Paper

7-1

Eastern

(quar.)

8-20

1

11-i9

4%

6-30

6-10

Fruit

6-10

5-21

6-

5-11

(R.

L,),

Ltd.

(quar.)..

Quarterly
Crampton Mfg., 5%

)|
|

3%%

Co..

trane

—

preferred

preferred

Cribben

i

Sexton

&

4A%

preferred

5'A%

Cross Co.,

called

issue

.>

$10.50
Crosse

&

redemption

Blackwell,

class

$1

(quar.)

Crown Cork &

Zellerbach

Crow's

Nest

5%

preferred

Crum

&

8%

,

r

Forster,

&

Class

Cuban
<

B

1

11-15

Electric

1

6-10

Electroiux

50c

6-15

5-18

El

(quar,),

$1.05

6-

1

5-13

1$2

6-

2

5-

(s-a)___,

2%'

r

6-30

6-16

$1.25

__

6-30

6-16

45c

6-10

5-25

6-30

6-15

A

(quar..)_

6-30

6-18

$4.40

conv.

2nd preferred

Electric

Co.,

5%

preferred

$5

(accum.)

(l%th

6-30

6-15

each

5c

6-15

6-

6-21

6-

5

Curtis
$4
'

Publishing Co.,
prior

preferred

(quar.)I

class

A

(quar.)_

S2

class

A

G.

Dahlstrom
Dana

Metallic

Corp.,

,3%%

Corp.

Cigar

Class

7-

1

6-

7-

I

6-

4

6-23

6-

3

o-2J

6-

3

9-23

9-

3

12-23

12-

3

1

5-14

6-15

5-28

6-25

6-10

20c

A

6-1

5-14

75c

6-15

93 %c

6-

'7%

6-

4

7-

2

5-15

7-

1

5-20

5%

6-

1

5-17

6-

1

5-17

6-

1

5-17

6-

1

5-17

Erie

Dennison

Mfg.

Common

Debenture
Dentists'
•Denver

Rio

realized

25c

6-15

6-

6-

5-21

7

3

of

Co.

(quar.)

(s-a)

(quar.)_

common

(increased)

Dixie
5%
Dobbs

Cup

common

preferred
Houses,

Dabeckmun
Or.

Co.,

Pepper

A

Co.

Beneficial

Doernbecker

5-21

$3.50

10-

1

9-21

12'Ac

6-

1

5-17

6-

1

5-

6

$1.12'A

6-

1

5-

6

15c

6-15

5-

7

50c

6-

5-17

General

Tire

5-28

Georgia

Marble

87'Ac

1

6-10

12-

1

11-12

12'Ac

6-

1

6-

1

5-17

6-

6-15

5-24

1

5-10
6-15

6-

1

5-14

6-15

5-14

Glens

&c

7-

1

6-11

Globe

Globe

10-

1

9-15

50c

6-

1

5-

5

Electric

Insurance

Mogul

Corp.

5-15

Federal

Paper

Board,

preferred

6-

Federal

Screw

Works

1

(quar.)

fouar }

1

Beneficial

shares

Co,




1

1

5-21

Federai| Sign & Signal,

40c

6-10
6-25

6rll

6-19

5-28

6-

i

5-21

6-

1

5-21

$30c

6-15

5-25

6-25

6-10

7-10

6-10

35c

6-

5-15

6-10

1

6-

1

&

Ferro

6-

1

dividend

20c

9-20

9-13

6-7

Gould-National

Filtro]

Corp.

Finance

Fire

(N.

B

Association

.

6-

4

9-24

9-

3

A

6-

6-10

of

Inc.

Philadelphia

Stock .Corp.

4V2 %

6-15

6-

•' :i

i

-

8%

5-28

(W.

(quar.)

u—

\i

U

n

f

• >

,1

1

6-10

30C%

:Iui" I

't,
t'

f

J

v

;r/ '

t

tii.

A

f

V - 5-21
■:

♦

c

lA

.

i

•>

.

»

5-21
5-20

6-

1

6-

1

5-20

7-

1

6-21

6-

4

30c

6-15

5-24

5

5-

1

8-

2

7-

1

:

25c

6-10

5-24

25C

8-

2

6-14

class

f.

A

4%

1

12'Ac

6-11

6-

1

50c

6-15

6-

1

25c

5-31

5-10

50c

6-

1

5-20

6-

1

(quar.)
—,—

Co.,

pfd.

com.—

$1.16

5-20
2

30c

6-10

6-

$1.75

(quar.)

6-15

5-17

10c

6-10

5-20
5-20

SI

—

A

Inc.,
&
A

Co.,

Co.,

6-

75c

6-15

5-17

$1.25

6-15

5-17

50c

6-15

6-

l'

6-

1

5-

7

100%

7-

(quar.)

com.

———_

i

(quar.)

class

(quar.)
and class

B

{

'

6-

1

6-12

6-

1

6-12

6-

1

S2

9-11

8-30

9-11

8-30

$2

12-11

11-29

$1.50

(quar.)

(quar.)
(quar.)

(quar.)__

12-11

11-29

25c

6-

1

5-14

6-15

5-25

$25c

Ltd., class A (quar.)

1

$25c

i..

(quar.)

16-

$1.25

common

'*

6-10

6-12

$2

$1.50

B

6-10

Co.—

(quar.)— _—
B

1

6-25

40c

dividend)-

9-15

8-25

$25c

-Class A (.quar. U—
1

^

.

•

,

;

*

v-

5-14

11-25

12-15
>

.>

'

*

.

»

;>

8

$1.50

(stock

Insurance

(quar.)

f

5-15

6-30

____

(quar.)

preferred

1

6-

80c

15c

(quar.)

class

and

preferred

Graflex,

/ 1

6-

6-11

12'Ac

—

preferred

Class

6-15
6-15

6-

40c

(quar.)

(guar,)——.—_____;—

Co.

&

preferred

5%

5-21

6-30
7-15

i

$20c

$1.25

Co.

'

•

5-31

25c

and

class

6%

5-14

Co.

R.)

class

Grafton
6-

$1.12'A

(quar.)

5-17

62'Ac

Tool

Batteries

8%

1

"v 5-14

6-16

55c

(quar.)

pfd.

6-15

3c

.

:

1

—

(quar.)

Employees

6%

4

a

5-15

6-

quarterly

8%

4

6-15. t'i.6-

(quar.)

-r

•

Grace

5-20

37'Ac

(initial)

(initial)
Fund,

Initial

6%
6-15

6-15

(quar.)

(quar.)

W.)

Government

Y.)— ;

37'Ac

Co. .of America, new. class

class

Bank

6-25

20c

•

(■'-

6-12
6-18

2%

(quar.)

Firestone; Tire & Rubber,
First

1

1

75c

Financial-industrial
6-14

6-12

7-

;

—

5-20

6-19

(H.

7-

5-15

1

1

15c

Ltd

Insurance

Co.

Mfg. Co.

Quarterly

1

20c

6-10

Corp.

Fidslity-Phenix Fire Insurance

New
6-

Gorham
Gossard

6-29

1

6-

$1.12'A

Goodyear Tire & Rubber
$5 preferred (quar,).

5-10

75c

67-

50c

—

Inc..

F.)

5-10

25c

Stock

(B.

1

20c

6-15

Extra

1

Mfg. Co. (quar.)
(stock dividend)
——

5-15

1

(quar.)

Cement

Co.

Brewing

6-

Tarrant

1

6-10

Goebel

6-

Extra
Fe.t

67-

8c

1

Fire

25c

(quar.i

common

6-15

$1.25

(quar.)j

(quar.)

Corp.

31'Ac

$1.25i preferred
(quar.)
Federated Publications (quar.)

6-15

1

35c

preferred (quar.i
Globe-Union, Inc. (quar.)
Globe-Wernicke Co., 7%
pfd. (quar.)

Goodall-Sanford

1

6-15

1

prior

Goodrich

6-

6-30
77-

(quar.)

Portland

5-28

6-15

6-18

1

56'Ac

Machine

(reduced

5-28

37'Ac

7-

Co.—

(reducedi___

6-

6-25

6-11
6-18

59 %c

—

(quar.)

Mines

A

6-10

1

6-30

6-29

55c

pfd.

common

B

6-10

•7-

5-14

50c

$1.50

(quar.)

Class

6-15

50C

1

12'Ac

Gold

Co.

Rutgers

6-15

6-

30c

Corp
Distilleries Co.—

15c

(quar.)

Co.

Class

&

6-15

1

55c

(quar.)_.

15c

(quar.)J

—_

(quar.)

Co.,

American

1

7-

25c

Harvester

Falls

7-

25c

(quar.)

common

common

50c

Co.

(quar.)

5-21

25c

15c

shares

(quar.)

25c

Ltd.—
!

Plywood

Machine

$4.64

(quar.)

5

35c

(quar.)

Co.

6-15

6-

62'Ac

;

Co.—-

(quar.)

6-15

Products

Co.,

Glenmore

1

Warehouse

&

Federal

1

Co.,

preference

6-

S3

(s-a)_——_

I

6-21

54'Ac

(quar.)

preferred

Gisholt

6-30

Quarterly
Compress

Rubber

Yellowknife

$5

ZuC

18

(quar.)

6-15

1

56c

certificates

preferred

Gil.ette

125c

7-

at

(quar.)—_—

$5

Investments,

Giddings & Lewis

25c

(s-a)

Insurance

Federal

6-

Tin

5-15

6

2

53c

General

6-14

6

of Pennsylvania—

Co.

(Wise.)

5-13

7-

8-

—-

Telephone

1

2

8-16

—

General

1

7-

2

5-21

(quar.)

6-

5-13

8-

6-10

(quar.)

6-28

6-10

8-

c

40c

preferred

10c

(quar.i

5-10

50c

(quar.)

Co.

preferred

Products

1

(

$2.10

4'A%

5-14
5-28

6-

issue
21

June

(quar.)

Giant

5

50c

(quar.)_

(entire

(quar.)

Gerber

5-26

6-

$1

(quar.)

preferred

preferred

5-17

$1.12'A

1

6-15

$1.25

(quar.)

preferred

$2.25

6-14

84 %c

(quar.)

$1.40

&

11-10

93%

prcferied

$2.20

preferred
Georgia-Pacific

11-24

6-

12c

(quar.)__
(Ohiol —

General Telephone

American

11-10

70c

this dividend)

$2.25

6-15

Life

Federal

45c

Ltd..

(quar.)..__'

Mig.

5-14

1

fe-10

Traders

4

SI

(quar.)

.Dodge & Cox Fund,

1

6-

1

&

3

75c

(quar.)

Inc.

Co.

1

6-

6-

5-27

6-10
6-15
11-24

Corp.—

preferred
General Telephone

6-15

(s-a)

—

pfd.

6-

12-20

20c

(quar.)

(quar.i

Corp.-Seagrams,

35c

5-13

50c

(initial)

$1.25

6-17

5-13

1

$1

—______

preferred

convertible

$1.18%

—.

1

6-15

15c

iquar.)

on

preferred

4.40%

50 c

12-

37'Ac

(quar.)

Dictaphone Corp., common
4% preferred (quar.
Distillers

6-15

25c

6-15

$1.10

Co.

1

Corp

12-15

30c

(quar.i
Car

7-

4

25c

(quar.)

coin,

Cement

Telephone

common

30c

50c

90c

iquar.)

Cement

50c

General

75c

50c

Corp.

4.75%

7-

12-10

Motor

New

5-20

6-24

$1.25

pfd.

(s-a)

T

6-25
5-20

6-10

$3

(quar,)

Tramway Corp.,. 1st

Portland

7-15
6-10

$1.25

Ltd.

Farmers

Federal

Stores

Mines.

5-14

9-10

Diana

Nickel

5-10

9-20

Diamond

60c

4

6-

6-

87'Ac

______

25c

6-

1

7-

$2

Castings Corp., common
preferred (quar.)

$6

6-4

6-30

$1.75

quar.)_

/

7-

25c

—

Corp.—

Portland

6-30

15c

Steel

25c

(quar.)

1

$1.25

Diamond

6-25

(reduced)

3

(quar.)

Co.,

7-15

—

iquar.)

Instrument

6-

preferred

Alkali

Co,

&

Co.

6-

convertible

preferred

General

Gleaner

$2

convertible

4.40%

General

5-12

Fain

Falstaff Brewing Corp., 4V2%
Fansttel Metallurgical Corp.

5%

Co.

3

1

35c

Y.)

5-10

5%

Diamond

Morse &

Sugar

,

(quar.)_—

preferred

2nd

Plywood

convertible

6-

Quarterly

Y.

5%

6-24

$1.25
(N.

3

6-11

Harvester

5-24
6-

Corp.,

convertible

1st

1

5-15

1

6-

15c

$1.50

redemption

convertible

25c

(quar.)—

G-

6-22

Detroit

$1

6-

(quar.)

common

$53.50 per share plus
General Paint Corp.—
$1

2

6-15

—

pfd.

33/a%

Corp.,

for

1

6-

—

Printing

series

1st

called

General

(quar.)
common

The

(see

&

Inc.,

5%

Co.

(quar.)

(increased)

Corp.

Package

4'A%

15c

-i

(quar.)_

preferred

Camera

Fajardo

$1.25

Yard

5-17

Gregg (quar.)__
Products, Inc. iquar.)

Fairchild

(quar.)

Stock

1

&

(The)

preferred

Union

6-

(s-a)—.

Fabricon

convertible

Denver

$1.41'A

(quar.t.—

25c

.

N.

preferred

5-17

ap-

___—

30c

Grande RR.

preferred

1

1

6-

$1.25

preferred (quar.)

General

5-17

6-

6%

5-17

(quar.)

com.

Insurance

Coe

5%

Denver

1

1

(quar.)_

common

(s-a)

Mills Corp.,

Falconbridge

(quar.)

Co.

5-17

1

6-

Co.—

prior

Fairbanks

secu¬

(quar.)

6-

6-

6-

1

6-10

(quar.)___

preferred (quar. I ______—
preferred
(quar.)
General Outdoor Advertising, com.

5-17

"A"

Fair

1

30c

voting common

stock

Supply

&

invest¬

Co.—

and

A

from

1

preferred

5-12

(quar.)

6-

5%

1

9c

Motors

5-17

1

7-

25c

$5

8-13

6-

and

General

5-24

1

35c

income

5-24

1

9-

preferred (quar.)__

profits)
Lines, Inc.

1

$1.25

Faber,

Air

7-

7-

(quar.)

Excelsior

ment

Mills

"A"

7-

net

General

5%

6-25

from

5-24

5-13

2

ilGc

6-15

1

7-

$$1.38

—

—

(s-a)

Manifold

1

4>/2%

preferred series C

General

6-

1

—

Foods

$1.02 '/2

6-

(quar.)

(increased

common

Ueneral

6-

2

Inc.

4%

1

5-14

1

62'Ac

(s-a)

General Fireproofing Co._

$1.25

Erlanger

Corp.,
A

5-14

(quar.)

7-

8

Co.,

Finance

preferred

5%

5-21

(quar.i

6-

1

6-10

7-

—

5-14

"A"

8-

rity

1st

Gas

General

for

SEC

7-

31c

(quar.)_

common

preferred (quar.)
General Dynamics Corp,

70c

Co.

40c

$30c
$$1.25

7%

dividend)

to

5-21

preferred (quar,)—_—.___
Transportation Corp.—

American

1

preferred
preferred

25c

Fund,

Subject

6-10

5-21

6-20

3 7'Ac

Increased quarterly
General Baking Co., $8 preferred
General Cigar Co., Inc., common

6-18

1

convertible

General

6-19

1

$1.10

Corp.

5-12

2

6-25
6-20

20c

_

Corp.
(quar.)—1
Oil (Texas), com.

6-11

(quar.,i_„————

Railroad

Essex

i

(s-a)

29

6%

America

American

6-15

6-

(s-a)

preferred

$$2.50

Co.,

7-

Equitable Office Building Corp. (quar.)
Equity Corp., $2 convertible preferred (quar.)
Erie & Pittsburgh RR., 7%
gtd. (quar.)__

1

933Ac

5-17
5

40c

—

Goods,

preferred

B

common.,.

&

De'aware

Selta

2nd

4.50%

G-

Debenture & Securities Corp.'of Canada—
Oeere

Dry

preferred

Equitable

7-15

933Ac
___

6-15
6-12
7-

$1.06'A

preferred (quar.)„
—
preferred iquar.)——
Emporium Capwell Co., 7% preferred
Equitable Credit Corp.—
50c preferred
(quar.)

97'Ac

(quar.)

5-28
5-28

50c

4%%

50c

(quar.)

6-21
6-11

$1.06'A

5%

$1.25

(quar.)
pfd. (quar.)

6-10

preferred (quar.)___.___—
Empire District Electric Co., com. (quar.)—

$37'Ac

!

(quar.)

6-30

8%

4

20c

(quar,)

preferred B

9-15

5-21

50c

Ltd., class A

preference

6%

1

$1.75

,

5%

1st

50c

_______

IDayton Power & Light Co., common
3.90% preferred C (quar.)_
3.75% preferred A (quar.)

I

7%

50c

(quar.t

Dayton Malleable Iron Co., 5%

3.75%

6-15

15c

(quar.)

fcries

Co.,

1

& Walker

75c

_

Door

common

preferred

.Oavis Leather

Elgin National Watch

6-21

$1.75

___—

_____

$2 class A
(quar.)———
Cushman's Sons, Inc., 7% pfd.
Cutler-Hammer,
Inc.
(quar.)

held.

shares

1

$1.34

Gas

Emerson Drug Co., class A

(quar.)

W.

10-

12'Ac

(quar.)—

common

42

D.

7-

$1.12'A

\,

"A"

<quar.)„___
$7 preferred (quar. 1

(**; £urtiss-Wright Corp.,

.

$1.12'A

Inc.—

preferred

6-10

$1.37'A

(stock

Co.,

United

of

6-

40c

(quar.i__________—

$1.12 »/a

(quar.)

Share

&

shares

100

50c

Industries,

6-15

6-30

6-23

Ely
________

Bond

6-15

6-30

1

37'Ac

(quar.)

Clothing Co.-—
4'A% preferred (quar.)__
4V2%
preferred (quar.)
(Helena)

preferred

9-15

General
General

25c

(quar..)
(quar.)

5-20

18%c

$3.75

2nd preferred

6-10

4

6-15

35c

—

6-15

6-10

7-

50c

5'A %

$1.03

Cony,

2

6-

$1.06'A

——

6-11

6-30

(quar.)_

common

Corp.,

5-14

25c

(quar.) ———_—i
Gatineau Power Co., Ltd., common (quar.)

Acceptance

5-14

1

Gas Service Co.

preferred

5-15

1

37'AC

Garrett
Corp.
<quar.i_;
—________—__
Gary (Theo.) & Co., common__
Participating common
—.—
$1.60 1st, pieferred (quar.)__^______——.

6-30

Co.—

$4.25

9-29

Co.,

1

6-

$1.50

(quar.)

1

——

preferred (quar.)
4'A% preferred (quar.)
5Vi%
preferred (quar.)
5.36% preferred (quar.i———

7-

Denver

1

1

6-

6-1

$1

(quar.)

7-

12'A c

4.10%

5.65%

_

Co.
Co.

2

6-14

1

6-

50c

(s-a)—_—

General

—

(quar.)——

$1.75
________

___

A.)

1

6-15

$1.75

—

Inc.—
preferred

Loom,

8-

11-

7-

5c

(quar.)

common

4

7-

(quar.)

$1.75

(quar.)

(quar.)

Co.,

8-16
11-15

25 c

—_

(quar.)

6-

$25c

(quar.)

common

6-18

Sugar Co.—

(quar.)___

1

(quar.)—

Gas

the

(Geo.

5%

1

10c

vquar.)

7-

$1

——

—

preferred <quar.)___—
Gaylord Container Corp. (quar.)

2oc

preferred
Natural

5-15

1

—

preferred

Paso

6-

4

!_

(quar.)

40c

class

11

convertible

Corp.

62'AC

(quar.)___:

(Robert)

75c

(quar.i—

6-30

Curlee

50c

Inc.

Corp.

(quar.)

4

10c

Co

Mfg.

40c

Corp.

Curtis

&

6-22

$1.50

(quar.)

(quar.)_,

6-30

(quar,)

1

10c

Trailer

Gardner

5-14

25c

Inc.

non-cumulative

Gair

6-15

7-1

6-

Realty

(L.)

preferred

$3

1

7

(quar.)

Co.

Industries,

of

5-

6-15

6-

5c

5-24

25c

6-

75c

1

6-

6-

25 c

6-

25c

1

—

5-24

56'Ac

—

45c

(quar.)

1

$1

•

6-18

12 '/2C

$4.12
El

1

7-

5-28

6-

25c

(quar.i

com.

50c

(quar.)

$4.50

7,

7-

$1.50

——

preferred

Electric,

Paso

6-18

—

Ferries,

(quar.)

pfd.

Ltd.

(s-a)
Cunningham Drug Stores, Inc.

*

12-

7-

dividend)___——

(quar.

Tobacco

Culver

Electric

of America-

Securities,

preferred
preferred

C"ban

t

5-15

25c

common-.

American

1%
7%

1

6-18

—

Ltd.

Trust,

common

Corp

Electrographic

preferred

$4.20

Co.,

Co.,

Controller

6-

1
1

———

(s-ai

Investment

partic.

7-

7-

6-11

$2.50

—

$1.75

—

common

Eddy Paper Co., Ltd., Class A—
Brothers Stores, Inc., com.
4'A%

8

iquar.)^—

(quar.)

Corp:,

Baler

Paper

6-

—

Ecuadorian

Eddy

1

(accum.)—

A

preferred (quar.)—.
Corp. (quar.)

5%

7-

common——_—:

preferred

prior

Economy

8

Vhe

Edison
C

(quar.)

Forster

Paper

"6%

6-15

Co.,

preferred

5c

(quar.)__

preferred

Crum

Corp.,

Co.

(stock

Common
;

13%

i

_________

_

Coal

Pass

Cr :cible Steel

5-14

Corp.—

Seal Inc., $2

Crown

I

5-26

6-

1

Kodak

Economic

5-21

6-10

1

at

15

dividend

A

International

A

6-10

10c

:

Cork

5-14
6-

6%
Eaton

6-

par)

(accum.)-.
Associates, $2 pfd.

Sugar

5p

class

Class
Crown

9-10

1

6-15

(entire

June

on

this

plus

9-30
6-

28'AC

convertible preferred

for

6-11

$2

(quar.)
Corp., $7

preferred B

$6

Eastern

Eastman

1

$1.75

(quar.)_.

iquar.)___.—____

share

per

5-24

6-30

11-

933/4C

.

Co., common

6-11

25o

——

(quar.)

Creole Petroleum Corp

|

11-15

5-14

5-11

5-14

6-

25c

and

par

States

Eastern

5-14

7-31

|15c

___

(s-a)

1

12'Ac

+$1.25

______

Quarterly
Grain

1

6-

•tl5c

+

—

6-

$1.25

_

preferred (quar.)
Cosmopolitan Realty
(quar.)

8-16

15c

(quar.)

5%

1
1

1

$1.12 "/a

(quar.)—

Inc.,

Sulphur

Fruehauf

Fuller

6-

1

2oc

Refining, common
preferred (quar.)

7%

5-20

1

7-

2

6-

Quarterly

1

25c

6-

6-15

(quar.)

Frciaman

6-

(quar.)

1

common

Pressed Steel

Freeport

9-

Assn.—

(no

preferred

$1

$1.25

Common
.

Racing

Common

6-21

Ltd.—

Co.,

Box

preferred

Fostoria

12-

1

7-16

7-

(s-a)_^L—

Frontier

$1.50

8-25

81'Ac

Pitt Bridge Works (quar.)
Wayne Corrugated Paper Co.

Fort

5-25

25c

& Fuel

Gas

*

6-10

$1.75

(quar.)
i
Associates, com.

Corp.

4V2%

2,5c

Co.

6-10

Co.,

Dairies

Frontier

—

6- 2

$1.05

preferred (quar.)_|
preferred (quar.)

5-17

Louis & Interurban Water Co.—

1

6-15

31V4C

iquar.)

5-10

7-

shares held)

four

(quar.)—

4'A%

5-21

preferred (qiar.)i

66-

25c

Co.

6-15

2UC

of

7-

4%
Fort

7-13

(quar.)

25c

—

share

5- 7

30c

Potash

Co.

5-20

6-15

31'Ac

preferred (quar.)

Sulphur &

4

5-20

,

7-1

6-12

31'/4c

—

1

35c

Foremost

31'Ac

(quar )
(quar.)—

5-17
1

Reynolds Corp.—

Corroon &

1

t50c

—

B

Cornell

Coro,

1

(quar. t
(quar. )___„_

preferred

^

__

common

preferred
preferred

6-

6-

1

$1.12 «/2

e-15

7-13

"

Cooper-Bessemer Corp.

each

1

6-30

6-

iquar. 1

additional

(one

for

6-

45c

$1.12%

6-15

17 '/2c

—

1

$7S(I

25c

(quar.)—

(quar.i

6<* 4

$75c

B

2%

——

6-20

Wallace—•

&

12%
^

6-

37'AC

Class

6-10

8-

6-15

5-20

Yflting and non-voting class B (quar.)—
Motor (Canada) dags A (qiiar.)_

5-20

$1.12 V2

5-27

$1

Ford

6-15

6-10

40c

stock

preferred

Forbes

6-15

15c

_il _^———_

-

—_-

7-

6-10

(quar.)
pfd. A (s-a)

common

preferred

Mineral

Foote

9

———-—

Company, common
preferred (quar.)

5%

15c

«.

*.

Plastics

0%

(quar.)

(quar.)

7-

—

—

(quar.)

Duriron

Corp.

Varnish

7-24

6-18

50c

Machinery & Chemical—
3'A% preferred (quar.)

9

40c

(quar.)

common

Mfg. Co
Dunlop Rubber Co., Ltd. (final 1

Corp.

20c

7-

1

.

Food

5-24

7-24

——

Inc.,

Electric

(Del.)

iquar.)_

6-14

$1.12 '/2

w——i-

preferred (quar.)
Coffee, class A (quar.)

Motors

iN.

5-31

$1

Stores,
dividend

com.

$4.20

J5-21

lie
87 »/2C

$450

b-

6-21

5%

$3.50

6-

Insurance

Co.

iquar.)

(quar.)

Dreyfus Fund, Inc.—
Quarterly from net investment income
du Pont (£. I.) de Nemours & Co., com.—

Duncan

——

Y.i

1

5%

Fair

Stock

1

3%%

Continental

^

7

6-23

4

7-

:

7-

6-

5-20

62'Ac

(quar.) —

(quar.i

1

1

1

preferred

2

7-

1

22c

8-

1

1

6-

Light Co., common________

6-

$1

1

6-

called for
June 1 at $103 per share

25c

7-15

5-20

6-

issue

preferred A, B & C
Flying Tiger sines, Inc., 5%

$1.13

6-

1

4

25 c

redemption on
this dividend)
&

6-

1

(quar.>______

common

(entire

preferred

Power

7-

25c

plus
Florida

1

6-30

Corp.,

4'A%

6-

_

(qUar.)__

4.90%

4'A%

7-

50c

2

5-14

1

6-

37'Ac

(quar.)

(quar.)

Power

4

6-15

,

6-

6-10

$30c

—.__—_—__-

30c

preferred A (quar,)—;
4% preference (quar.)
—?
Industries, Inc., com. (quar.)——

$4

6-

1

7a-

15c

—

(quar.)

preferred

6-15

6-

2

7-15

$$1.75

(quar.)

common

7-

$10c

(quar.)_„

50c

iiquar.i

Co.

prior preferred

8-

$25c

40c

$1

semi-annual

$3

5-14

Dresser

15c

Steel

6-15

4

31'AC

&

$10c

6-

& Steel Industries (quar.)

Paint

Florida

4-30

—

Co., common
(quar.)

Casualty

Continental

5-17

1

preferred

Cook

6-15

5-31

Continental Oil Co.

'

$4

Donohue

5-31

Continental

i

5-12

7-

137 'Ac

(quar.)——.—________—
Fibre Co. (quar.)
Continental Gin Co., 4'A% preferred (quar.)
Continental Life Insurance Co. (Toronto)—
)

5-

1

6-15

5-31

$15c

preferred
(quar.i—:
Brotners, Ltd. (quar.)_

1

6-

6-15

50c

_________

(quar.)™____—

Ltd.,

preferred

6-30

-

com.

50c

(quar.)_

Inc.

(s-a)____

Co., Inc.,

Flagg-Utica Corp., 5% prior pfd.
Fliutkote Co., common (quar.)

$62'/2C

$1.12'A

(quar.)

(quar.)

Continental-Diamond

?

6-10

~——

(quar.)
Dominion Textile Co., Ltd.,

6%

6-24

6-30

Ltd.—

—

preference

6-

6-10

Dravo Corp.,

Ltd.

Continental Copper

5%

5-15

Co.

Assurance

Can

1

Chemical Co.,

&

(quar.)

2

$10c

5-31

H.)

class A (s-ai
Fltzsimmons Stores Ltd., class A
Class B (quar.)

$25c

6-

Tar

7-

7-15

Ltd._

5-14

(M.

Fittings,

5-15

50c

5%

Common

1

$ $1.12'/i

1

1

6-

115c

6-

1

Corp.

$$1.25

6-15

6" 1

1

Stores,

Security

-

preference
(quar.i
Dominion Stores, Ltd, (quar.)——
Dominion Structural Steel, Ltd. (quar.)—;—

6-15

National

First

T—

Investments,

Scottisn

First

5-17

Steel, Ltd.—

—•

preferred (quar.i—.
Dominion Magnesium (special)—:

Dominion

6-30

5-31

Fishman

(quar.)

(quar.)

4'A%

$1

(quar.),

preferred

.Continental

6-

Common

50c

$4.25 2nd preferred (quar.)

;•

6-15

Ltd.—

preferred (quar.)
Container Corp, of America—

Continental

2

183Ac

(liquidating)

4.52%

Continental

6-

$1.50

——

preferred

preferred

5%

7-30

25c

Ltd.—

Payable of Rec,

Share

Name of Company

Holdert

When

Per

Holder$

Payable 0) Rec.

»7'/2C

.

25 c

'

(quar.I—

(quar.)

Power

4%

6-14

30c

(quar.)

<quar.»

Corp.

Mills,

Theatres,

Co.

Consumers

4.50%

5-14

(s-ai

-Consumers

!

6-15

10c

(quar.)

Class B
Consumers

5-26

60c

(quar.)

Textile

11-30

6-30

(quar.)

50c

Utilities

Gas

Consolidated

I

Corp.

12-15

Ltd.

Mines,

Dominguez Oil Fields (monthly) —
& Anglo Investment Corp.,
Dominion Foundries &

(quar.)—

Preightways, Inc., coin,
1st preferred (quar,),—__—

6%

1

Engineering

Share

of Company

Dominion

75c

•_

Consolidated

■1

Dome

5-31

Ltd.

Securities,

Standard

preferred

non-cum

Consolidated

i

5-14

*5c

Common

Consol,

6-17

6-15

Ltd.

Mines,

Common

1

Name

t5c

Coppermines Corp
Discovery Yellowkniffe

Consol.
■

Payable of Rec.

20c

Consolidated
!

When

When

Per

Holder«

Per

Share

Name of Company

k

1954

The Commercial and Financial Chronicle... Monday, May 31,

(2412)

52

\+

•

1

"•

"

/

Volume 179

Number 5329

...

The Commercial and Financial Chronicle

(2413)
n't,

:><•

.

V

.

,

Per
Name of Company
Grand

Varnish

(W. T.)

Grant

Co.,

3%%

..

Share

Rapids

Great

preferred

Corp.

(quar.)

(quar.;

common,

7%

Co.

of

7-1

5%

1st preferred

$1.75

Northern

Western

7%

6-30

6-

6-10

5-28

6-30

6-15

6-10

6-

__

60c

Co., non-cum.

Life

pld

Insurance

common

Corp.

25c
37'/2c

Co.

(quar.)

20c

•

Inc.—

&

Water

Ohio

Power

States

RR.,

common

(quar.)

.

preferred

$4.40

preferred

(quar.)_
(increased)

com.

(quar.)

Co.

(increased)

Ltd.,

common

Oil

Ltd. (interim)
Cotton, Ltd., common
preferred (quar.)

Organ

Co.

(M.

A.)

and

class

Co.,

Common

6-10
6-10

15c

Chemical

pfd.

Co.—

(quar.)

15c

common

(quar.)___"_

4.80%
.5%

preferred

pfd.

common

A

preferred B

S5.10 %

5Va%

preferred

Hazel-Atlas

Glass

(G.)

.4

(quar.)

Hein-Werner

Corp.

Heinz

Co.,

IH.

J.)

Hendershot

Hercules

Cement

Hercules

6%

Steel

(quar.):

(increased

Products

Corp.

4(4% preferred A
Hewitt-Robbins, Inc.

Heyden

Chemical

3 % %

quar.i—

Hotels

4%

conv.

1st

Corp.,

(Edward)

Hires

(Charles

Hobart

of

$4

preferred

Honolulu

Co.

Co.,

Hoskins
Hotels

Mfg.

Natural

&

quar.)

4

6-25

6-

7-

1

6-18

$25c

7-

2

6-18

37'/2c

7-

1

5

6-

2

6-

1

5-14

6-

1

5-14

6-

1

$1.09%

5-14

Co.

Co

$5
$5

60c

Mining

1

6-15

7-

1

6-21

Jantzen,

35c

6-

1

5-20

Jefferson

6-

1

5-20

Jewel

3%%
Johnson

&

15c

6-

1

5-14

Johnson

Oil

6-

1

5-14

Johnson

Ranch

6-

40c

div.)

—

&

common

______

6-12

5-28

1

6-21

7-

1

6-21
1

Co.

Common

5%

(quar.)

60c

7-

6-15

1

6-15

6-1
6-25
7-

1

6-15

7-

$1.10

7

5-

1

6-15

7-1

$1.08%

6-15

35c

6-

1

5-17

93%c

6-

1

—

97V'2c

6-

1

5-17

6-

1

6-

1

6-1

4

6-

3

—

5-20
6-17

(quar.i_____:

62140

—

(quar.)_____

6-17

4V*%

6-29

6-17

4

50c

6-29

6-17

6-10

5-25

6-

1

5-11

Kawneer

6-

1

5-11

6-10

5-28

Kellogg
3V2%

37(4c
$1.06(4
10c

(quar.)

20c

6-29

7-

1

6-10

6-21
6-

1

Ltd).—

Katz

Co.

5-14

3IV2C

6-

1

5-14

31 (4c

6-

1

5-14

32c

6-

1

5-14

50c

6-15

5-28

57«

6-10

5-11

of

(quar.)

Canada

$4.50 preferred
Kennametal,

Inc.

5-10

5-28

7-

6-10

1

6-23.

Tenn.—

iquar.)

55c

5-14

6-

4

6-

1

$1

|
(quar.)

40c

6-

1

*5-12

$1.75

com.

7-

1

6-10

5-24
5-

3

75c

<quar.l__

;

6-10

5-20

60c

6-15

6-

8-

1

'7-24

11-

1

10-24

1

50c

6-12

9-11

8-31

37 Vac

6-12

5-29

37 Va C

5-29

iquar.)

1

5-20

6-

1

5-

4

25 c

Original

(quar.)

6-

35c

(quar.)

6-10

6-15
6-

1

5-lt

87 V2 C

common

6-20

50c

(quar.)

$1.25

6-30

6-15

6-

1

5-17

$1.10

(quar.)

6-10

?, \

5-J 8

$1.00

3-10-55

6-30

6-15

Special

2-18

guaranteed

iquar.)

50c

6-10

6-15

6-1

Special

guaranteed

5-18

(quar.)

50c

9-10

Special

8-18

guaranteed

(quar.)

50c

12-10

11-18

50c

3-10-55

$1.25

1

5-25

6-10

5-25

6-31

6-

6-

7

Loblaw

8-

7-19

Class

2

Special

guaranteed
(quar.)
Groceterias Ltd., class

A

(quar.)

20c

7-1

Local Finance Corp.
Lock

6-

8

5-28

50c

7-1

6-4

7-

10-20

1

7-

1

8fo

(R. I.), pfd.

Pipe

Co.,
(monthly)

common

1

9-21

12-22

—I

—1

Star

Long-Bell

Lumber

Long-Bell

Lumber

(Mo.)

Lord

9-

(quar.)

Ltd.,

1

7%

non-cumul.

7%

non-cumul.

Lorillard

7%

(P.I

Angeles

8-13

Louisiana

1

5-14

Louisville

&

8-13

Louisville

—

(quar.)

$1.18%

6-15

5-21

38c

6-

1

5-10

25C

6-

1

5-

fi-

1

5-14

Lowell

9-

1

8-13

Lowenstein

7-1

6-4

28c
$1.06'/4

7-

7-1

6-4

7-

1

6-4

6-15

5-31

25c

1

6-4

Gas,

4% %

Lower

5%

Land

St.

6-11

Lucky Stores,
Ludlow

7-

1

6-15

6-

6-

5-17

1

4

Lynch

6-15

5%

6-10

5%

15c

6-

1

5-20

28c

6-15

5-25

$1.18%

6- 1

5-14
1

(quar.)

$1.75

11-

1

10-23 !

(interim)

40c

Lines

(quar.)

RR.

A

Co.

iquar.l_

iquar.)_________
common

(quar.)

Corp.

preferred

Lytton's (Henry

Corp.,

6-15

6-

1

6-11

5-

3

6-15

5-28

37 VaC
50c

6-

1

5-12

6-29

6-16

7-

1

6-16.

7-

1

125c

7-15

6-15

S1.25

6-30

6-21

preferred

(quar.)_

34 %c

7-

1

|

6-

i

6-22

Co

50c

6-15

(quar.)

40c

6-15

6-

4

17 Vac

6-10

6-

1

Inc.

iquar.)

(quar.i
—

(quar.)

5%%

1

6-10

5-25

15c

6-10

5-28

9-10

8-13

62 Vac

&

Co.)

(quar.)__

1
preferred

(quar.)

8-

1

7-15

62 VaC

(quar.i

C. Lytton

15c

6-

15c

—

common

Macassa Mines, Ltd
Macco

75C

Co.—

(quar.)

preferred

1

1*>5c

Power

5%%

4

6-

$1.06

(quar.)—__—

Sales

Co.

4

6-

6-15

$1

(quar.)

(quar.)__

Inc.,
&

6-

1

35c

Co.

Inc.,

1

7-

25c

(s-a)

preferred

Sons,

7-

$1.75

Exploration

Lyon Metal Products,
Common
(quar.)

7- 1

6-

preferred

common

Lumlnator-Harrison,

6-21

6-15

Mfg.

Lukenheimer

$1.12V2

60c

7-23

Lawrence

5-14

6-19

1

&

preferred

' 6-15
12-15

8-

Lowney (Walter M.) Co., Ltd. (quar.)______
Luckyi Lager Brewing Co. (Increased quar.)

6-25

1-3-55

$1.75

Mortgage

6%

7- 1

9-15

3

(quar.)

Nashville

(M.)

6- 4
1

(accum.)^

5-21

2nd

pieferred

87'/2C

10-

A

(quar.)

lquar.)_

Title

25c

——

5-21

preferred

Transit

1

37%c

(quar.)-.

6-14

2nd

Co.,

preferred

6-

137 Vbc
50c

(quar.)

6-11

35c

Baltimore Hotel—

9-

R7%c

(quar.)

6-30

(quar.)_

5-17

87V2c
—

6-11

convertible

40c

1-

—

1-2-55

20c

(quar.)____
Gas Co., common

25c

________

$1
50c

__________

(quar.)

Inc.

5-18

$1

6-19

5-21

10-

5-18

Los

5-10

6-30

$1

5-31

5-14

1

5-31

(quar.)

6-1

6-1

6-

SI

preferred

6-1

1

5-14

6-21

Lone

6-

1

1

6-18

1

6-

7-

8%
preferred (quar.
Lockheed Aircraft Corp.

6-

5-14

$1

preferred
(Md.) class

32!/2C

5

1

(quar.)

Loew's,

4

5-

6-

preferred

8%

5-20

6-

'

5

1

UJ/4C

(quar.)

(monthly)___

5-

6-

$1

5-28

1

6-10

6-

Joint

Common

1

25c

(quar.)

7-20

1

$1.25 * I

Inc.

6-

137 VaC

(quar.)

6-30

*

8-1
11-

2-18

137 Vac

25c

B

•

8-31

6-

60c

;

9-11

20C

(quar.)

8-18

$1.25

(quar.)

iquar.)

1

6-10

11-18

$1.12'/2

______

Organization, Inc. (ouar.)
Kentucky Utilities Co.. com. (quar.)
4%% preferred (quar )
Co.

6-

9-10

)2Va

(quar.)

Kent-Moore

Kerite

15c
60c

12-10

$1.12'/2

(quar.)

common

4

SI.10

*1.05

——

Co.,

of

iquar.)_.

Inc.

RR.

$1.05

Co.,

Kelvinator

6- 8

SI.10

$1
—_—

common
(quar.)
preferred (quar.)
3 V2 % preferred (quar.)_
3% % preferred (quar.)

Kendall

6-10

(quar.)

6-21

(quar.)

Kelsey-Hayes Wheel Co.
6-14

Co.—

5c

(quar.)

45c

(quar.i

(quar.)

6-

5-17

Original

(quar.)

com.

&

Co.

5- 7

6-15

Original
Original

6-10

preferred
(quar.)
preferred
(quar.)___^—

Diug

1

5-20

25c

V2 %

5%

5-1T

6-

6-15

6-15

(quar.)

Light Co., common
preferred
(quar.)__—

31 (4c

(quar.)__

(quar.)

preferred

5-20

1

40c

1

68%c

(quar.)

preferred

4

6-

25c

62V2C

(quar.)

4.50%

6-18

6-

30c

(quar.)

preferred

4.75%

______________________

preferred

4.50%

2

6-10

62'/2C

(quar.)_______—

Kansas Power

6-18

7-

6-30

25c

1.

preferred

preferred

2

45c

Corp.—

City Power & Light Co.,

4.20%

5-14

7-

15c

Co.

common

(quar.)
Carbonic Corp.,

Liquid
3%%,

62 V2c

(quar.)

Vegetable Parchment Co.

4.20%'preferred

5- 3

1

6-

7V2C

(quar.)

Co.

Little Miami

5-14

5-

5-27

6-

50c

Co.

5-31

8-13

6-18

1
1

50c

(quar.)

Match

5-31

1

1

5-14

66-

25c

(quar.)

2

10c

12 Vac

Co.

.

1

6-1
5-28

50c

Co.

5-17

1

6-10

6-15
6-15

15c

Virginia

Corp.,

Stores,

2

6-

6-17

5-19

120c

1

of

preferred

2

9-

7-

5-14

50c

7-

95c

30c

1

6-15

5c

(quar.)

preferred

Oil

r-

6-

50c

7-

(quar.)

56(40

$1.50

I' 5
11-

25c

Inc

Co.

5-18

8-15.
11-15

5c

Cement

Corp.

125c

(quar.)_______u_—95c

25c

(quar.)__

6-16

1

25c

(quar.)

1

5-27

1

25c

(guar.)

Sons

Service

$1.50

Lion

preferred

4%

6-10

6-

40C

Quarterly

Lion

preferred

5-24

(quar.)

Quarterly
Quarterly
Lincoln

»

9-15

7-

25c

________

5-25

3.80%

8

Lilly

6-15

3.80%

6-

35c

III™
____™IZZ

Meyers Tobacco Co.,
preferred
(quar.i
(Eli) & Co., class B

1

5-25

30c

4-24

JQC

Lily-Tulip Cup Corp. iquar.)
Lincoln Nat'l Life Incur. Co. (Fort
Wayne)—

1

7-

6-18

4%

10-21

1

6-

62 >/2c

3

Refineries,

Savers

7%

6-10

6-30

5-12

Co.

Portland

6-

6-11

1

7-21

10-31

iquar.)_

D.)

5c

25c

6-

iquar.)

(quar.)

Insurance

Life

5-14

$1.12%
$1.25

(quar.)

common

Liggett &

5-14

3

(quar.)__

Life

5-17

30c

6-

Kansas

Co.,

S.
C.)
(quar.)
&
Casualty Insurance
Quarterly

5-17

50c

(quar.)

preferred (quar.)
preferred (quar.)_^

Kalamazoo

A

(quar.):

Life

,5-28

6-25

6-10




7-1

$1.05

6-29

(quar.)

30c

6-15
9-15

3

25c

Co._

7-15
10-15

6-

30c

(quar.)

$75c

9-15

6-25

(quar.)_____

preferred (qtmr.)
5.12% preferred B
(quar.)__

6-1

%

$75c

5c

—

Chemical

(quar.)

6-18

6-15
10-15

5c

(quar.)

&

7-1

35c

$75c

93%c

—_

com.

Sons Co., common
preferred (quar.)!—

Kaiser Aluminum

class

Lessing's,
Inc.
iquar.)__
Libby, McNeill & Libby (quar.)___
Libbey-Owens-Ford Glass Co. (quar.)___
Liberty
Life
Insurance
Co.
(Greenville,

30c

(quar.)

(E.)

5%

58%c

4

40c

»_

(quar.)

62VaC

iquar.)

Smelting,

Refining Ce.

(quar.)

Laughlin Steel Corp.,
A

7-31

29c

18c

Extra

Lamson

Co.

Co.

Leslie Salt Co.

Loblaw,

&

7-

(quar.)

—

preferred

29c
'

12-15

Leonard

6-

5-10

,

12-15

5-31

1

&

Mfg.

1

12-31

5-17

5-26

Machine

6-

12-31

7-1

6-

Royalty

5-15

5-10

115c

5-31

5-18

5-15

1

1

115c

(James)

6-11

Jones

5%

(H.

6-10

Jones

Kahn's

Lees

35c

Quarterly

Joy

7-14

75c

6-

6-18

2

(quar.)

6-30

5-28

Lee

8-

1

66-

$1

$6c

1

5-12

6-

140c

$1.37Vh

6-10

7-

1

50c

—

5-25

6-18

6-

1

6-15

$1.25

1

5%

6-4

$1.06'4

(quar.)

5%

Production

commoh

6-25

2

7-1

6-18

2

$1.25
com.__

Inc., common
5%
preferred
(.s-a)

(quar.)___.—___——

Refining

9-24
12-24

7-

1S1.75

Inc;,

Sessions

x$1.75

25c

25c

_____—

(quar.)_.

(quar.)_____—
(quar.)—

Corp.

10-11

1-10-55

50c
:

Leai',

6-

I

9-15

5-12

Lincoln

(quar.)

Johnson

6-25

1

6-

9-30

1

Link-Belt

preferred (quar.)
Sulphur Co. (quar.)—

Manville

7-10

6-

9-30

6-

5-10

Co., common

preferred

6-10

1

Co.—

(quar.)
Laura Secord Candy
Shops, Ltd. (quar.)
(R. G.), Inc. (quar.)

5-14

5%

Lake

Johns

15c

Paper

Inc.,

Tea

6-15

125c

JLe Tourneau

1

(quar.)

Telephone

6-25

$S1

&

$5.50

Jamestown

7-15

7-

115c

5-17

1

B (quar.)—
preferred C iquar.)

6-15

7-

62'/2c

2

6-10

115c

6-

6-

preferred

6-25

12%c

6-15

8-

6-15

1

50c

Co.,

5-10

1

6-fey

6-

6-

fquar.i

Supply
A

7-10

Quarterly
&

Water

5-21

1

7-

10c

(quar.)

Stamping Co. (quar.)
Lanston Monotype Machine Co.

15c

pfd.

1

6-

6-30

Co.

&

44c

(quar.)

preferred

50c

(quar.)

Pulp

Co.

6-

,

6-30

6-21

i

2

10c

Inc

Bleacliery & Dye Works (reduced)

35 %c

(quar.i—

Inc., 4%

pieferred

Jamaica

5-14

5-20

Lanett

—j

Oilier

5-31

—

Co.

Heintz,

5-17
5-14

115c

Lane-Wells

(quar.)

preferred
Co.

(quar.)

Engraving iquar.)__—
Jamaica Public Service Ltd., common (quar.)

5-21

43%c

——.—

common

(quar.)—;

Mfg.

Machine

10c

Electric Motors

Co.

convertible

6-1

—

Corp., common
preferred
(quar.)

4(4%
"Howe Sound

$1.76

7%

6-11

$1.05

—

(quar.i
Utilities Co.,

preferred

6-25

—

(quar.)—__—

preferred

4%%

6-10

5-20

com.

1

6-10

Lansing

82'/2C
—

(quar.)

31c

1

Co.,

preferred

Iowfa-Southern

&

Lang

5-24

45c

—

3.90%
4.20%

5-24

6-14

35c

(quar.i

135c

pfd.

common

(Texas)

Service

preferred

75c

6-

(p;..dr.)

(quar.)

(quar.)

Public

3.75%

6-15

6-15

(quar.|

com.

(quar.)

Iowa

Ltd.

Canada,

,*■,

Stores

Oil

1

91V4c

$1.25

Corp.__

Hugoton

6-

preferred

preferred

(

$2.75

Power Co.

Gas,

par)

: Humble

y6-15

12VaC

(quar.)

.

common

par)

Class A

1

Jahn

(accum. 1

preferred

($25

Oil

Hudson Bay

5-14

50c

4.40%

4.35%

6-11
6-

Jaeger

(quar.)_______.

Corp.,

preferred

Hudson

1

6-

<quar.)~

5%

Hubinger

7-

6-15

6-15

7-23

(quar.)—_l—

($50

Howell

6-12

6-

6-

15c

Milling Co., Ltd.,

Quarterly
Bryant, Inc.

Lehigh

.

(s-a)

—

Light Co., com.
preferred (quar.)

6-12

•

com.

&

6-15

,——

preferred

Howard

Iowa Power

5-28

$1.75

—

(M. H.), Inc. (quar.)
Machine Co.
(quar.)

6-14

25c

(quar.)_______

5.80% preferred
(quar.)
Iowa-Illinois Gas & Electric,

5-23

Co.

5%

Hoving

5-23
5-23

8-13

(quar.)_________________

Houston Lighting

Houston

6-12

6-11

45c

dividend)

(quar.)

preferred

'

5-25

17Vbc

(quar.)

6-12

3.30%

$2.50

6-

20%

quar.)

common

Light & Power Co.,

5-10

"Il5c

&

6-21

(in¬

-

preferred

Electric

6-12

5-23

A

Landis

35c

1

convertible

6%
Iowa

Class

Class B
Lamson

30c

(quar.)____

(quar.)

Foundation,

I2V2C

27 Vac

(N. Y.), 5%
Inc.

Corp.

50c

;
A

(quar.)

convertible

preferred

6-10

4

(quar.)
(quar.)
(quar.)

B

6-16

2

6-10

6-25
6-

75c

University

Woods

$1

div.)

6-25

10c

5c

(quar.)

(increased

convertible

6%

5-14
5-27

5-23

Co.

Ltd.,
preference

50c

(quar.)

Co.

Statler,

Houston

5-25
6-10

5-21

:Houdaille-Hershey
$2.25

Intertype
Investment

53'/sC

(quar.)

common

4.70%

5-25

6-15

20c

Freight System

Power

5-25

6-10

Hardart

Motor

5-! 5

6-

preferred

&

Interstate

Corp.—50c

OH

4Va%

6-17

6-11

preferred

Hoover

7-

40c

$4.20 preferred B

Horn

Interstate

6-12

Class

35c

(cash

4
4

5-15

(quar.)
(quar.)

A

25c

(quar.)

66-

$1.50

(quar.)_

(quar.)

B

$25c

common

6-18

6-30
6-15

10c

(Alfred),

Class

75c

(quar.)

6-17

15c

I

preferred (quar.)
Gold Mines, Ltd

160c

•___!

&

(s-a)

Hooker Electrochemical

$4.25

5-27

0-

Ltd.

5-18

50c

(quar.)_

(quar.)
(cash

Lane

dividend________%_____________1____

6-11
1

Co.,

Corp.,

creased)
Stock

1-20

1
!

(quar.)—_____________$1

5%% preferred
Homestake Mining

10-20

7-1

Ltd.—

1

1

55c

common

(quar.)__

Industries,

the

Lambert

5-5

6-15

9

6-

7-

5%

preferred

$1

Utilities

Fireman

(quar.)

Co.

Canada,

Engineering Corp.

Iron

(Henry) & Co., common (Stock
preferred is-ai..—______

5%

11-1

1

1

(quar.)

preferred

Jack

Holeproof Hosiery Co. iquar. 1—
Hollinger Cons. Gold Mines Ltd. (quar.)___
Hollingsworth & Whitney Co., com. (quar.)
Holt

Interstate

6-

7-

5-13

25c

(quar.)

7%
preferred
(quar.)
Lakeside Laboratories,

5-25

$$1.12'/2
of

pfd. (s-a)
commoh ('qu&f.)___

Petroleum

(quar.i_—__

Co.

Mfg. Co. (quar.)
Battery Co., class

Hobbs

$1.40

6-18

87 V2c

Co.

Lumber

E.)

6-18

1

5-14

quar.)_
(quar.)___

iHinde & Dauche Paper
Hines

1

1- 55

5%

6-18

6-15

7-

35c

Lamston

(quar.)

Paper Co.,

International

5-25

preferred

preferred

7-

1

6-10

7-15

140c

Products Corp.
iquar.)
International Resistance Co.
(quar.)
International Silver Co. (quar.)
International Textbook Co.
(quar.)

7-

7-

50c

2

10c

(quar.)

Extension

Common

5-18

25c

Paints, Ltd,, 6%

preferred

1

(Increased

com.

$4

:—

common

45c

6-11

8-

■

t50c

6-

(quar.)

(quar.)__

6-10

1

$1.25

Co.

(John), Ltd. (quar.)
Lake Superior District Power

5-21

1

$1,75

Co.

Electric

Class

:

Nickel

International

7-

2-

6-

5

10c

Quarterly

$1.16
5-3

67-

,

20c

:

Lamaque
6-1

50c

Products

;

Inc., $1.16 pfd. (quar.)

from

security

Industries, Ltd.—

preferred

7-20

6

6-1

5-31

9

20c

Quarterly

Lake of

iquar.)

4>/2%

International

6-15

Hibbard, Spencer, Bartlett & Co. (quar.i
Higbie Mfg. Co., 5% preferred (quar.)______
Hightstown Rug. 5% pfd. (quar.)

5%

(20c

from

(quar.)

International

5-10

7-1

6-15

7-

•

5Cc

dividend

Salle

5-31

5-11

$1

common—

common

preferred

France

1

•

75c

Labatt

5-14

3'/2C

(increased)

Metal

A

30c

$4.37 V2 convertible 2nd preferred (quar.)
Heywood-Wakefield Co., common (quar.)
5% preferred B (quar.)-

Hilton

Fund
15c

Ccllucotton

preferred

50c

iquar.

Corp.,

7%

(quar.)__

common

iquar.)—________

preferred

Corp-

Class

1

5c

iquar.)

pfd. series B (quar.)

conv.

Hershey Chocolate Corp.,

and

Stock

5-3
6-1

1

35C

International

6-

15c

preferred (quar.)—
Products, Ltd. (quar.)_—

Corp.

Foundation

income

1

6-

Company,

Kuhlman

1

from

International

1

6-

$1

1

5c

3.65%

Paper

(IV2C

6-

5-26

7-1

$3

Quarterly

5-14

6-

6-10

6-10

;

$1.50

Fund

5

International Business Machines
Corp.—

6-

30c

___

10c

75c

Insurance

6-15

6-

25c

tquar.i.

16c

(quar.)

(quar.)

13%c

Co.

(accum.)

(s-a)

Co.

ordinary

4834c

12c

J

/

iquar.)

Brewing

pfd.

,

common.

12%c

.TL_

Corp
Mining Co.___

Heileman

Steel

1

6-

20c

(quar.K^\

(quar.)

Co.

preferred

profits)
Interchemical

1

12V2c

Hazeltine
Hecla

40c

25c

Ltd

(quar.i

D

5-28

6-30

40c

$1.25
$1.37 Va

10c

(quar.)__

(quar.)_

preferred C

6-12

50c

(quar.)

3.90%

5-12
6-

6-11

$1.50

$1.12'/*

(quar.)

(quar.i__

preferred

1

6-11

$1.37V2

preferred

Telephone,

75c

—

.Quarterly

,

(qtlar./V———

(quar.)
Commercial & Sugar,

Hawaiian

La

International

>

Haverty Furniture
(Hawaiian

5-12

$1.06'4

common

Hartford Electric Light

5-10

Institutional

5-12

1

50c

lssu?

Co.,

convertible
Co.,

1

6-

50c

(quar.)

convertible

6-

15c

50c

Co., 5>/2%

1

ordinary inc. & 2c from securities profits)
Insitutional Shares, Ltd.—

5-25

(quar.)

1

Refractories

preferred

La

6-

international Cigar Machinery Co. (quar.)
International Harvester Co., com.
(quar.)__

1

2nd preferred

20c

Water, class A (quar.)
Industrial Rayon Corp. (quar.)

International

5-28

1st

7%

9-20

Indianapolis

5

5-24

6%

6-

8-

6-15

40c

iquar.)

Co.

Kroger

1

6%

&

5-25

10-

Inland

H.)

1

38c

(quar.)

5-25

$1.20

6V2 %

Co.

5-14

v

(quar.)

Corp.,

(S.

6-

5%

1

preferred

Co.,

S.)

5-14

'

Rubber

6-10

6-

6-21

Silica

B.)

(S.

Kress

1

5-28

6-15

5-17

6-15

I

quar.)

(quar.)

preferred

(I.

1

B-l—

dividend

prior

Kresge

7-

8-

6-10

1

com.

Creamery Co.,
Koehring Co. (quar.)

7

6-15

8-14

6-

com.

9c

35c

6-15

B i

class A

second

7

1

Efg?41T£d (quar.)______—__________
Harnischleger CoTp., com. (quar.)

Hart-Carter

5-10

7-

6%

(A.)

5-

1

6-10

iquar.)

preferred

1

7-

Winkle-Munning Co. (quar.)_—

Harbison-Walker

6-

6-

6-

R.)

5-14

6-

16c

iquar.)

Knudsen

5-17

1

$1.20

6-10
5-25

5-

6-

4.80%

6-10

35c

(quar.)
(quar.)

$4.25 preferred

1
1

$1.06V4

common

Hanson-Van

7-

Stock

$1.10

5-17

6-10

6-1

$37(/2c

common

5-17

7-

1

(G.

Kleinert

(quar.)

6-15

5-14

5-3

preferred

6-15

1

5-20

4.80%

Industrial

6-

6-14

1

7-9

Kinney

1

75c

Kingsburg Cotton Oil Co
Kingsport Press, Inc. (quar.)
Kingston Products Corp. (s-a)

5-20

5-28

6-

30c

income).

County Lignung Co.,
preferred
iquar.1

4%

5-17

6-25

Fund K-2—

investment

37'/2c

Ingersoll-Rand

3

7-

1

130c

com._

(quar.)^

Industrial Wire Cloth Products
Corp.

5-

6-

9 %

$37V2C

(quar.)

5-17

$1.12¥2

(quar.)
.

A

Telephone,

Co.

5-17

$1

Oil

Of Class

Co., Inc.

Products

6-15

1

Kings

4

15c

(quar.)._;

net

preferred

$5
.

preferred (quar.)
(from income)

Investors

6-

$45c

Ltd.,

6-15

6-

4%

1

75c

.

s-a)

Co.,

6-15

25c

(quar.)

Co., class A (quar.)
(quar.)
Stock dividend.
(Pro rata distribution
on new preferred
($25 par) to holders

$2

1

7

Color

25c

B

4V2Y0

7-

5-

5-21

70c

partic.

$$1.25

4V2% preferred (quar.)

Harshaw

6-10

$5c

Paper Co., common
preferred (quar.)

5V2%

11-26

$35c

Co., com. (quar.)
(quar.)___

preferred

Harris

12-16

Indiana

8-23

45c

(quar.)__

Hammermill

5%

9-10

120c

—

B

5-21
5-21

$25c

(quar.)

Mines,

Class

6-10
6-10

50c

(quar.)

Cementing

Hamilton

Watch

8-4

& Water

Steel

Institutional

——_.r:

Well

9-1

(s-a)

$1.10

(quar.)

(quar.)__

Halliburton

Hanna

Indiana

$50c

Co.,

$3

preferred

120c

(quar.)

Keystone Steel & Wire Co. (quar.)
Kimberly-Clark Corp., com. (increased

RR.—

$1.11

i_

Quarterly
Water

7-

A

6-

50c

preferred

Keystone Investment Bond Fund
(From net investment
income)

5-20

35c

______

Hammond

Indiana Gas

$1.16

$4.44
preferred
(quar.)
Gypsum Lime & Alabastine of Canada, Ltd.—

Brass

1

$1.05

Inc.,

iquar.)

Hamilton

Incorporated

50c

preferred

A

6-11

5-14
5-28

$1.25

___

.

$4.20

Hackensack

6-

7-15

B

class

Holdert

Payable of Ree.

50c

Mines, Ltd. (quar.)
Industries, common (quar.)

convertible

(From

6-30

31V4c
57'/2c

(increased

1

-$1.25

___

(quar.)_:
4.64%

2

&

8

50c

(quar.)

Utilities,

8-

Varnish

6-21

$1.25

(quar.)___

Co.,

$25c

convertible

6-

6-18

(s-a)

Corp., pfd.

Imperial

6-

6-18

1

(quar.)

Gold
Oil

When

Share

•

Co.

Keystone Growth Stock

..

(quar.)_

Telephone Co., 5.60% pfd. A (quar.)
6% preferred B (quar.i
Imperial Chemical Industries, Ltd.—
Amer. dep. receipts ord.
(final)
Imperial Life Assurance Co. (Canada)

Sc

$3

6-18

6-30

Land

Keyes Fibre .Co., com., (quar.)

9-17

6-30

County

$1.20

12-17

6-

Central

50c

6-30

9-30

12-30

37»/2C

non-cumulative

44c

(quar.)

(quar.)

preferred

Gulf

(quar.)

Co. .(quar.i

class A

5-14

69c

—

Illinois

$1.50

1

25c

(quar.)

Breaker

4.60%

6%

6-15

6-

Co., common (quar.)—
preferred (initial quar.)

Circuit

Illinois

2

$1.25

common

Hydro-Electric Securities
New

6-15

7-

Kern

5-17

2

$1.25

preferred

common

Kerr-Addison
Kerr-McGee

6-1
7-

$1.25

Imperial Oil, Ltd.

Engineering Corp.

Gas Corp.,

Gulf

;

5-25

Sons,

5-17

50c

(quar.)__

common

1

$30c

(quar.)—

&

6-

12(/2c

(quar.)_
■_

C.)

(F.

6%

5-18

preferred

Class

6-12

5-18

Gulf Oil Corp.

1

7-16
5-28

5-31

preferred

Hancock

8-

6-14

2

6-21

5-31

$5

4%

7-1

8c

$5

4V«%

5-17

Per

Name of Company

6-15

$$1.50

——___

com.

$2.75 preferred A (quar.)
Hydraulic Press Mfg. Co.—

6-10

13c

Mobile

5%

6-10

2

6- 4

Fund

Guilford-Chester

Hallnor

2

7-

Fund

Gulf Cities

Class

7-

Mortgage Corp.,

preferred

ITE

10c

Erie

Paid

Huyck

1

Stock

Grumann Aircraft

Hahn

6-

Growth

Capital

$5

6-10

50c

Products

Securities,

Common

5-24

30c

(quar.)

(quar.)

Grocery Store

6-18

$1.75

(quar.)__
_

Inc.

&

Huttig Sash & Door Co.,
5%
preferred (quar.)
5%
preferred (quar.)

1

$1

Griesedieck Western Brewery Co., com.
(quar.)
5%
convertible preferred
(quar.)

Gulf

1

(Houston)—

(quar.)

Hydraulics,

Group

6

30c

(s-a)

(quar.)

Sugar Co.,

preferred

Grinnell

5-

5-19

—25c

Quarterly

Greer

6

40c

Southern

5%

53

-

6-30

12(/2c

___.

5%

Warehouse

Great

Ry.

1

6-10

(quar.)——;—$31(40

Terminal

Great

Great

6-

25c

5-

1

15c

;____

»>

Holdert

Pal/able of Rec.
(

Huron

Ltd.—

Lakes Towing Co
Northern Paper Co.

Great

6-

When

Share

Inc., common (quar.)
preference
(quar.)
preference A (quar.)

5%

6-^3
5-20

of Company

Foods,

20%

preferred (quar.)__—_—.—
____■'
Dredge & Dock Co. (quar.)—

Great Lakes

6-3

6-15

$1

Power Corp.

Pet
Name
Hunt

Amer.—

Lakes

Great

7-1

15c

(quar.)

Common

Great

6-15

93%c

Indemnity

Great Atlantic & Pacific Tea

Great Lakes

Holdert

6-25

37Vic

(quar.)

American

When

Payable of Rec.

10c

'

i

•»

.

11-

1

10-15

12V2C

6-15

6-

12c

6-15

5-15

6-

5- a.

$1.43%

1

1

4AV

/A A

54

The Commercial and

(2414)

Per

When

Share

Name 0} Company

Payable

Name of Company

of Rec.

Mitchell

(J. S.)
Co., Ltd. (quar.)
(Robert), Ltd. (quar.)
Quarterly
Quarterly
Mobile & Birmingham RR„ 4%
pfd. (s-a)_
Modern Containers, Ltd., common (s-a)

MacKinnon Sthmtural Steel Co., Ltd.—

lahon

CA Co.

laine

Public

Ltd

Mines,

_____

(4c

from

8c

(5c

6-10

5-21

Moore

(5c from

Shirt

Co.

Semi-annual

5-21

6-10

5-21

in5-21

Morgan
4%%

6-10

5-20

6-15

6-

1

5c

6-15

6-

1

12-15

12-

1

30c

5-31

5-

7

1

5

5-21

30c

7-

1

6-30

$3

com...—..
——

6-

1

.

'

Massey-Harris-Ferguson,
Electric

preferred

6-15

Chemical

Corp.,

6-10

com.

6-

1

9-

1

8-

6-

1

6

6-

1

93 %C

(quar.)—

40c

Co.

Electric

7-

1

6-15

7-

1

6-15

(quar.)
com.

6-15

6-16
4-30

6-30

6-16

6%

6-10

5-20

5-14

1

5-

+25c

6-

1

5-15

$3

J—
(increased quar.)

Quarterly

6-

1

Mesta

Machine

&

1

Natco

2

National

Airlines,

7-

1

6-15

National

Aluminate

6-

1

5-

7

National

Automotive

7

National

6-

1

5-

8-

2

6-15

8-

2

6-15

7-

1

6-15

6-30

5-31

1

5-14

6-15

$1.18%

Y.)

5-20

3.85%
3.90%

*•»"

__

11c

Louis

4

5-14

6-10

$1.25

5-17

National

Co.,

7-

1

6-16

1

5-20

4% %

Gas

Co.,

6-

1

5-20

National

(quar.)
preferred ' (quar.)_
Dairy Products, Corp.

10c

6-

1

5-20

National

50c

6-10

6-

6-30

1

5-31

5-20

15c

6-30

6-

95c

7-

6-

3

Common

1

1

96 Vic

7-

1

6-

7-

1

6-

3

Quarterly

6-

1

National

6-

1

National

50c

6-29

6-

3

National

15c

6-15

5-28

National

45c

6-30

6-18

Class

$1.10

8-

2

7-15

Class

Co., $4.50 pfd. (quar.)—_
Hosiery Mills, Ltd., class A (quar.)
(quar.)
A (quar.)

$1.22 Vi

8-

2

7-15

Class

B

8%

20C

4Vi%
Miles

$5.10

5%

1st

Rubber

National

Securities

6-15

6-11

7-

1

6-11

7-

1

6-11

1

6-16

6-

5-14

$1.4p preferred
National

61

6-

8

National

$50c

6-30

6-

4

4.20%

6-15

6-

1

Neisner

pfd.

|

Tea

Co.

Car,

Co.,

Brothers,

Inc.

Nekoosa-Edwards

$1.37 %

6-

1

5-20

6-

1

5-20

Nestle-Lemur

Co.

6-

1

5-20

New

England

6-10

5-20

New

(quar.)_——

Paper

30c

6-12

5-21

New

Jersey

Mission

Co.

(reduced)

B

preferred A
Public

Missouri

Utilities

preferred

Co.,

Co.

(quar.)

(quar.)




(quar.)

3

6-

4

Co.

6-11

6-

6-

4

1

6-15

5-28

7-

6-18

Zinc

Air

Co.

Brake

6-15

5-28

8-

2

7-30

7-

l1

6-15

7-15

6-15

$37(40
75c

6-11

5-26

37Vic
12 Vic

6-11
6-11
6-

1

6-

6-

1
1

5-17

$1.05

6-15

6-

20c

6-15

5-29

6-10

1

5-28
6-

1

22(ic

7-

1^

6-

4

-25c

7-

1

6-15

6-30

6-10

6-15

7-

1

6-

7

$1.01(4

7-

1

6-

7

25c

(quar.)

6-10

5-20

40c

(reduced)

1

10-

1

,7-

1

6-15

N.

60c

6-16

5-28

3c

6-16

Chicago & St. Louis RR.

Y.,

Common

9-20

$1.15

6-

1

5-14

N.

Y.

(quar.)

preferred
&

A

Harlem

75c

Co.,
(s-a)

10%

preferred

York Shipbuilding

-

8-

2

common

7-

1

5-28

(s-a)

common

5-

Co.

6-30
6-

1

v

7-

6-10

5-10

6-

1*'

5-19

6-30

6-18

6-30

Co.

1

5-11

1

5-11

6-10

25c

5-21

15c
125c

r_

6-15

5-31

7-

2

6-15

$3

(quar.)

of South

6-

1

5-1

6-11

$3.40

7-

1

6-15
6-1

1

5-14

6-10

5-15

37%c
37Vic
90c

Western

Oil

Eastern

preferred
Chemical

5%

1

5-15

7-

0

6-

4

6-15

6-

4

6-

1

5-14

6-

4

5-24

$1.50
19VaC
28Vic

6-

1

Pipe

Line,

Corp.

5-21

5-31

\ 5-21

6-11

5-28

6-10

5-10

6-1

5-14

25c

preferred

Corp.,

ending

year

1

8-i5

10-

1

preferred
Cement

Ford,

Co.

5-24

•6-

1

5-24

1

6-

4

1

6-

4

(quar.)

;

preferred

(quar.)

—

7

6-21

6-

6-

1

5-20

6-

1

5-20

12Vic

;

(quar.)

6-28

6-15

5-31

6-15

5-31

1

5-21

,

6-18

25c

Peninsular

Metal

Peninsular

6-

6-14

5-28

10c

6-10

5-24

45c

7-

30c
50c

6-15

6-

1

6-15

6-

1

12Vic

6-15

5-20

57Vic

6-

1

5-20

62Vic

6-

1

5-20

50c

7-

1

50c

(quar.)

6-15

50c

[

6-

50c

•

Co

Ltd.

1

J20c

(quar.)

(auar.)

Patterson-Sargent

9-15

12

6-

J35c

Co.

Ltd., common

6-14

5-20

6-

1

5-10

1

Telephone Co.—

Common
Penn

Penn

(increased

Controls,

Penn-Dixie
Fruit

4.60%

Products

Inc.,

Cement

Co.,

(quar.)

quar.)

class

A

Corp.

Inc.,

preferred

<quar.)_

iquar.)_____:

common

(quar.)

(quar.)

5%
preferred (quar.)
Penney (J. C.) Co. (quar.)__
Pennroad

Corp. (s-a)
Pennsylvania Electric, 4.40%
4.05%
4.70%
4.50%

/

—

preferred
preferred
preferred
preferred

C

pfd.

B

$1.10

(quar.)

92Vic
$1.01

(quar.)

D

(quar.)

E

(quar.)l_-__

F

(quar.)

—

$l.l7Vi
$1.12Vi

Exchange

Bank

Pennsylvania

Power Co.. *.;m%

Salt

(N.

Peoples

Mfg.-

Co.

Corp.

4

6-

1

5-10

6-

1

5-10

6-

1

6-

1

5-10
5-10
1

(s-a)

40c

6-18

6-

7

(quar.)

pfd.

$1.06

(quar.)___

40c

6-

$1.50

(quar.)

75c

1

5-14

6-15

6-

1

1

6-

2

.7-

—

7-15

6-21

6-15

6-

(quar.)

5

$1

6-

1

5-22

25c

—

Circle

6-

6-

Peoples Telephone (Butler, Pa.), com. (quar.)
4Vi% preferred
Perfect

6-10

6-15

Y.)

<qf>ar-)

Gas, Light & Coke

1

25c

Pennsylvania Engineering Corp._.

Pennsylvania

1

preferred

3%%

1

12%c
$1.25

—____

—

Transportation

1-2-55

45c

1954)

25c

(quar.)

Co.,

2%c

(quar.)

Peoples Drug 8tores Inc.

7-

$4.50

5-14

5-28

6-15
6-

7-

25c

Parkersburg-Aetna Corp., com.—

&

1

6-14

2Vic
;

common

preferred (for
Appliance Co.

Peerless

7-

2%c

(quar.)_
(quar.)_—

Mfg.

5-28

6-15

50c

(quar.)_

(quar.)

Parmelee

5-20

6-IS

$1

preferred

Vi %

I

2

6-18

62Vic

(quar.)

com.

6-

7-

Co—

4

7-

5-14

1

5-14

5-31

t75c
20c

__—

(quar.)

preferred

Penick

6-

2

10c

Airways, Inc.———

convertible
Sheraton

7%

5-17

5%

—

convertible

5%

5

10c

.

(quar.)—___—

convertible

5%

Park

7-:6

6-

50c

Corp._^

Ltd.

World

Paramount I Pictures
Park

5-15

7-26

6-

20o

(guar.)

(initiql quar.)

common

Panhandle

v

5-15

6-12

Machinery—

American

4%

1

$1.25
25c

(qua"r.")I_—i—______—

preferred

6-

25c
$1

Corp—
dividend)

(stock

1

30c

—

r

Consolidated

Tin

6-

$1.10

—

Page-Hershey Tubes.
Pan

Co,

6-

15c

___—

4

7-

1

6-

4

6-10

20c

(quar.)
Light, common—

6-

9B^C

6-

6-

Africa

17 Vic

Co.

&

5-28

$1.12(4

6-12

28C

6-9

66?

(quar.)—

Corp.

Robinson

6-

$1.12(4

45c

$1.25

5-10

5-31

$1

$1.12Vi

(quar.)—

1

9- 1

5-13

5-10

b

$1,12Va

Co., $5 preferred (quar.)____
Co.
(quar,)--——

1

9-1*

%

b

20c
'

—

1

State Electric & Gas Corp.—
4(4%
preferred (1949 series) (quar.)

6-15

will be deducted.

rate of 7.2%

7-

N. Y.

1

6-15

6-

44V5c

■■—

5-14
•

6-

'■

$3.10

(s-a)

7-

$1

1

3

6--1

1

7-

(quar.)

(quar.)—

7-

Corp.—

(initial).

I

$1.11

(quar.)

$2.50
$2.50

7-16
5-27

6-1

6-

$1.14

—___

(quar.)

$1.50

(quar.)

RR.

6-

6-15

Co.—

5-28

$1.25

L_-_

the Union

of

tax

Lumber

3.70%

$1

Co.

on

$5 preferred

/

—

(quar.)

1

6-12

J$1.75
55c

(quar.)—

Ltd,, American sharesis a dividend of 10 shill¬
the ordinary shares.
Non-resi¬

Power

Parker

$2

6-

7

35te

(quar.)

Pennsylvania

New

_j

12-

2

7-

6-15

'

common

(quar.)__

Jersey

6%
—

Light

(quar.)

preferred

York

New

(accum.)

Service

6-25

15c

;

;

(quar.)

Missouri

50c

(quar.)

common

Mif^ouri-Kansas-Texas RR.—

5%

preferred

4.05%

New

15c
,

1-2-55

5-12

25c

___j

(quar.)

preferred (quar.)

Missouri-Kansas Pipe Line,

7%

6-12

4%

5-13

&

pfd.

7%

Debenture

preferred

New

5-18

6-15

-

Mississippi Power Co.. 4.60% pfd.
Class

5-21

1

1

New

Development

Mississippi Glass Co., common
4% preferred (quar.)
4%

6-12
6-

7-

Power

5-

_____

Co.,

Gamble

4%

3

5c

New

$1

9-

40c

(quar.)

1

payment

Package

6- 4

1

(quar.)

System

2

30c

1

1

—

6-

$1.25

6-

—

6-

50q
:

Club, Lt.d,

&

Common

1

7"

40c

6-10

(quar.)_

6-

10-

(quar.)

5-7

25c

A

Pottery

Paper

Pacific

5-27

6-19

50c

1

+$1.50

;

common

Clay Products

Paton

30c

1

6-10

35c

5-18

6-

1$1.33

Brewing

5%

6-18

$5c

—

6-10

t$l

——

i_

preferred

Loan

Pacific

6-15

1

investment

Minneapolis & 3t. Louis Ry. Co. (quar.)
Minnesota Mining & Mfg. Co., com. (quar.)
$4 preferred (quar.)
(quar.)

1

7-

investment

England Insurance Co. (quar.)_.
England Tel. & Tel. Co. (auar.)

preferred

7-

$$.12 Vi
$5c

,—__

25c

(quar.)

Jockey

4

60c

5%

75c

5-14

—

5-14

1

Ltd.—

(quar.I——

conv.

Pacific

10-20

1

(increased.)

Minnesota Power & Light Co., com.

10-30

6-

(quar.)

Electric

■

5-

6-30

(quar.)—.

Co.

Inc.

Pacific

8-23

15c

preferred

$1.25

Minneapolis Honeywell Regulator

1
2

10c

5-14

6-

______

Co., 4%%' pfd.
preferred iquar,)
preferred
(initial

Pacific Finance

7

6-

9c

6-fl

Industries, Inc., common.—,
preferred A cquar.)_—

4%

Pabst

7

5-14

common

convertible

Oil

Oxford

7

5-14

Ltd.

$1.27 Vi

(quar.)__

(quar.)______

(quar.)

55-

8-

_

5-14

$1.12Vi
$1.31 %

Fiberglass Corp
Owens-Illinois Glass Co. (quar.)_—

5-21

I

Extra

8

5-31

1
1

1

(quar.)—
National Steel Co. (quar.)________
National Tank Co., common
(quar.)—

6-15

66-

6-

capital)

1

(quar.)

Power

Pacific

6-10

from

6+

Owens-Corning

5-11

6-15

from

6-16

22Vie

Co.—

Building
<s-a)_——
Falls Corp.—
5%
convertible 2nd preferred (quar.)
Otter Tail Power, common (quar.)
$3.60 preferred (quar.f
$4.40 preferred
(quar.)
Overseas Terminal Ltd.__"

5-17

15c

(quar.)—

National-Standard
Steel

1

6-15

Products

5-24

7-

6-

5c

—

Staroh

5-28

1

25c

50c

(all

5-24

1

Oswego

5-18

$1.75

from

$0.0012

6-14

7-

6-10

-

($0.0888

and

5-23

6-25

7-

50c

brpheum

5-14

30c

6-11

25c

$1.37Vi

(increased)

com.

Power Co.<,

Opelika' Mfg. Co.——_

5-14

1

(quar.)

income)
National

6c
—

1

(quar.)—

5-21

6-15

dents

9-25

(quar.)

Co.

5-25

1

6-

5-14

at the

12-25

Series—

Stocks series

6-15

15c

5Vi%

1

income
Growth

35c

56 Vic

(interim)

9-30

12-30

6-

(quar.)

6-15

{69c

1

ings

6-25

preferred

Machinery

series

Income

5-21

7- 1

■A

10c

Co

preferred

preferred

National

37 Vic

(quar.)

Mining Corp. of
Minneapolis Brewing
Minneapolis Gas Co.,

Co.

5-14

25c

(monthly)
Canada, Ltd.

Radiator

5-11

1

7-

(quar.)

6-30

6-

dividend

Stock

(initial)

4

4

Castings
dividend)

A

(cash

6-22

7-

9

15c

Steel

&

Co.

Oats

5-31

$2

Laboratories

6-

$5c

1

6-

5-28

6-15

1%

7%

Co.,

Malleable

6-

-

Corp. (quar.)
Refineries, $1.50 pfd. (quar.)
Rubber Reclaiming Co.—
preferred

5-14

25c

Oil

Common

6-12

Lead

National
National

75c

Mid-West
Midwest

1

75c

(quar.)

(quar.)—
(quar.)
Abrasive Co.
(quar.)

Mid-West

1

6-

5-14

50c

Co.

Midwest

National

6-

6-10
6-12

30c

(quar.)

6-

6-15

$17c"

8-

$3.-25

5-14

$1
75c

Above

5-14

——

6-22

& Machine Corp.—

O'okiep Copper

5-20

(quar.)

Gypsum

National

(quar.)__

com.

Corp.

1

Land__J

Co.,

Ontario

5-20

A

25C

of Illinois—

Oil

Gas &

75c

preferred

Midvale

6-15

Food

25c

Co,

6-30

6-10

'

5-17

8-

$1.25

(quar.)

Ontario & Quebec Ry.

50c

—

1

common..^

iquar.)_____.

Ontario

9

6-10

<quar.)__
Products Corp. (quar.)—

1

6-

$1.10

Pacific

6-12

__

1

15c'

Quarterly
Fireproofing

6-

$1
20c

97 Vic

Onondaga

(Hartford) —

6-12

(quar.)
(quar.)_____

5-10

5c

"185c

(quar.)..

(quar.)__

4Vi%

6

6-10

-

(quar,)..

(quar.)

(quar. I
(quar.)—

4Vi%- preferred

5-20

6-

7-

$15c

.

National Fire Insurance Co.

5-19

v

25c

.

4Vi% p,d.
(Wis.) —

Co.

7-12

6-10
6-10

$330

(s-a)

t' 7-21
"5-20

(quar.)—

4.40%

6-18

15c

(quar.)—

10c

Water Co.

1

30c

preferred" (quar.)

Electric Welding Machine

30c

1

6-10

$15c

(quar.)

+

7-15

$1.06(4

(N. Y.)

5-28

-8- 2-

30c

(quar.)

preferred

Forge

Ohio

5-11

7-

$2 Vic

convertible

National

3

97 Vic

Michigan Gas <S? Electric Co., com. (quar.).
4.40%
preferred
(quar.)
4.90%
preferred
(quar.)
Michigan Gas Utilities Co. (quar.)
Micromatic Home Corp. (quar.).
Mid-Continent Petroleum Corp. (quar.)

1

40c

(increased)

Extra
60c

—

6-

75c

(quar.)
preferred (quar,)—
Drug & Chemical (Canada), Ltd.—

4(4%

5-28

Co.

(quar.)______

Omar

25c

Common

6-21

6-21

;'6—19:

(quar.)

4.08%

15c

(quar.)

1

6-19

preferred
preferred

Ohio

Distillers Products Corp.—

4

5-24

7-

preferred

Olin

$1.06

81 Vic

_____

preferred

5-20

$1.18%

preferred

National

$1

6-15

30c

3

shares

6-30

(quar.)

6-10

4.40%

6-30

31 (4c

com.

Co.

Edison

Ohio

6-11

7-15

(quar.)—

common

40c

37V2c
34%e-*?,

4.56%

5-14

10c

(quar.)——

Cylinder

4(4%

6-

Co.—

Products

2

7-15

—__

3

Co.,

6-

6-30

2%

___

(quar.)

1

4

4.44%

1

2%

6-

Steel

6-

$1.75

6-

dividend

6-15

6c

dividend

6-

6% pfd. (quar.)

Co.,

dividend

this

Mfg.

Ohio

5-14
6-16

15c

:_

5-13

6-29

3.90%

1
2

50c

(stock dividend)

6-

6-10

J5c

_______—

Ogilvie Flour Mills, Ltd..

5-11

67-

50c

(quar.)

common

6-15

75c

(quar.)

(interim)

preferred ; (quar.)

plus

5-11

6-

1

$2

6-15

1

42Vic

6-

preferred (entire issue called for re¬
demption on June 1 at $105 per share

6-11

1

Midland

37Vic
$1.18%

6-

6-15

$1

_________

Light &

6-10

6%

Oak
6-15

6-10

5-24

Service

Pharmacal

Oahu Railway &

6-22

7-

Oil

5-21

7-15

7-

preferred

5-31

16 92/lOOc

$1.11%

6%

35Vic

Public

preferred

4 Vi %

i'.

6-14

5-21

__

$1.08%

Midland

4%

5-24

5-31

35c

(quar.)
(reduced)

(quar.)

Middlesex

6-19

6-14

6^10

6-30

(quar.)..

<quar, t

.(quar.)

Scotia

Nova

Corp.—

preferred

10c

$1.12%

Co.

Norwich

1

Gas

preferred
preferred

5'/»%

5-14

15c

Fibres

Container Corp.,

National

6-

6-

Co., Inc.

States Telephone

4Vi%
"v

Ry.—

(quar.)

Extra

6-10

Power

Natural

9
1

6-30

(quar.)—
Aircraft, Inc.
(quar.)

Common

accu¬

preferred

Middle

65-

1

6-

(quar.)

Corp.

Company

National

(quar.)

6-30
6-

6-30

5435c

preferred

Quebec Power,

Northwestern

accumu¬

Co., Inc., $7 pfd, (quar.)—
Casualty (Detroit) (quar.)
City Lines, Inc.
(quar.)

Semi-annual

6-24

$1.75,

Miami Copper Co.
Michigan Bumper Corp.

5-20

6-11

-

preferred

Co.

6-10

6-30

5-14

(HI.)
$4

preferred

6-10

85c

90c
97 Vic

preferred

5 Vi %

6-10

1

com.

Gas Co.,

Northern

5-21

37Vic

—

Casket

National

45C

1

St.

Co.

Wlater.

5-14
"5-31

6-30

50c

[

7% guaranteed
Oif Co. (quar.)

States

6-15

5-10

—

from

Gas

Illinois

Northrop

5-24

i

5-10

35c

from

RR.,

1

6-10

40c

(quar.)

preferred (quar.)..

5%

5-31

_

4.35%

Meyer-Blanke

6-10

6-

+50c

Ltd

(quar.)

Insurance Co.

Shore

5%

5-31

26(4c
—

4.45%

;
-

6-

50c

(quar.)

(quar.)..
(quar.)

North River

5-31
6-10

6-15

6-15

Ltd.

Northern

7-

1

20c

Reiractories

North Central Texas

5-31

37(40

2c

Carolina

North

2c

30c

gains

Biscuit

National

50C

(quar.)...

preferred

capital

National

62% C

preferred (quar.)
Metropolitan Brick
(quar.)

preferred
preferred

$1.25
$2.50
30c
62Vic
50c
59%c
50c
50c

—

Inc.

Aviation

From

Stock

'

4Vi %

'3.80%

North

1

12c

Corp.

National

—

(quar.)

Metropolitan Edison

6-

93%c

7-

50c

Co.

Northern

$1

6-

25c

(N.

common

6-15

5»10

5-19

(quar.)

American

Northern

Quarterly

National

(quar.)

Thermifc Corp.,

preferred

5-15

gains)

6-

$30c

_.

7%

of

Chattanooga

Nashville,

6-12

62 Vic

Textile

Metals Disintegrating

5-15

1

preferred

North

Pacific

with

—

and

income

net

realized

6-14

2c

Corp., common (quar.)..
$3.25 participating preferred (quar.)
Participating
_

Metal

1

6-

13c

(quar.)
(quarterly

Trust

lated

3

20c

Co.
(quar.)..
Scott Corp. (quar.)____

Co,

6-

common..—_—

preferred

mulated

5-17

$1.06%

Linotype

Merritt-Chapman &

10c

25c

Muskegon Piston Ring Co.
System, Inc., common———.

45c

(quar.)

Corp.
.r_._

________—

Mergenthaler

Metal

Inc.

Co.,

4

$3.50

Mutual

22 Vic

——

Assurance

4

6-

1

(quar.)

Ry. Co., com.

Corp.,

5Vi% preferred

Co.

25c

preferred (s-a)__.
Ltd.— '
preferred (s-a)________
Melville Shoe Corp., 4%%
pfd. A (quar.)..
Stores

Co.,

merge

Light

62 Vic

participating

Fire

6-

2

(quar.)

(quar.)

to

(quar.)

Motor Specialties Co.—
(quar.)————

A

Mutual

6-10
6-

Melchers Distillers,

Mercantile

Class

1
1

5-31

$50c

...

preferred
(s-a)
Meadville Telephone, 5%

Merchants

2

$2

5-10

1

1

t75c

North American'Investment,

•

4%

6%

%%

7-

75c

(quar.)

Mead Johnson & Co.,

77-

——

(G. C.) Co., com. (quar.)
preferred (quar.)
Co. of Texas (quar.)

Murray

7-

35c

&

Muskegon

62 Vic

______

(quar.)

preferred

;

J25C

Mclntyre Porcupine Mines, Ltd. (quar.)
Mclvor
Drilling, Ltd.
(reduced)—
McLean Trucking Co., preferred (s-a)—-_
McKesson & Robbins Inc. (quar.)
McNeil Machine & Engineering Co. (quar.).

Inc., 5%
Corp., i com.
4Vi% preferred

4

$50c

...—

McQuay,

Murphy

$1.50

___

Power

company

Power

6-15

$1.25

(quar.)

—

Munsingwear, Inc., common (quar.)
5(4%
preferred
(quar.)———1—

1

6-

$1.37 Vi

(quar.)..—

Mead

1

_______

(quar.)

McGraw

7-

...——

Co., Ltd., preferred (s-a)—
Oil Co., Ltd. (quar.)

McCormick & Co.

% 6-15

20c

(quar.)....

preferred

(s-a)—

preferred

Above

5-14

Corp., $2.50

preferred

5%

5-14
5-14

McCord

4

L-

Mills, com.

States

45c

McColl-Frontenac

4

7%

5-14

(L.)

4

6-

re¬

—

Fuel Supply Co.

1

McBrlne

6-

2

66-

6-

(quar.)

Ry.

Western

Mining

Northeastern

———~—-

(quar.)

&

6-15

1

55c

preferred

$4

North American Car Corp.,

6-15

2

share

per

Southern

Norlolk

Normetai

1-, 2

Co.,

6-30

7-

1$ 1.25

(quar.)

Co.,

Ltd.

Mines,

Norfolk

1

7-

37Vic

Chemical

Nopco

Noranda

1

6-

Bridge

Niagara Share Corp.

1

6-

6-15

$1.25

(quar.)—

Mountain

1

common

6-

6-10

lc

Co.

Diablo

Mountain

6-

(quar.)..—

6-10

7-

(quar.)

com.

(increased)

5-28

6-

Company,

8-10

t$1.75
t$1.75

(quar.)

(quar.)
Co.

5-28

$1.06%

(quar.)..

5Vi%
preferred (quar.).....
6%
preferred (quar.)__—

5-10

1

Extra

7

5-

85C

preferred

preferred

6-15

93 %C

5%

1

9-

$1.18

6-10

$3.40

preferred
(quar.)
preferred (quar.)
_
$3.75
preferred
(1947 series)
Maytag Co. (quar.)

6-

96Vic
40c
$1.75

125c

$104

at

50c

$3.75

McBee

31

50c

(quar.)..
(quar.)

96 Vic

May

Motor Wheel Corp.

5-25

$1.06%

com.

4.10%

$75c

Mount Vernon-Woodbury

convertible preferred

4Vi%

5-25

t25c

31 at $104 per share
a
plus this dividend)-^———
—
Morgan (J. P.) & Co., Inc. (quar.)
Morgan Engineering Co., common (quar,)_—
$2.50 prior preferred (quar.)
——

Mi.

5-21

40c

Corp.

May Department Stores Co.,

6-15

*

$15c

(quar.)—

3.90%

6-

(entire issue called for re¬

on

Morrison-Knudsen

5-28

...

JfMathews Conveyer Co. (quar.)
*I 'Mathieson

3.60%

5-26

6-

Arch

Corp., common
preferred
<quar.)_____
preferred (quar.)
preferred
i quar.)
;
preferred
(initial)

3.40%

1

(quar.)

Mqrris Paper Mills, common

6-11

______

(quar.)

Ltd.

(quar.)______

Chemical

Matbieson

4.25%

Co.

6-25

13c

Massachusetts Investors Growth Stock Fund
Master

6-30

52 Vic

,

4

5-21
5-24

this dividend)

[preferred

4%%

(quar.)—

preferred

prior

Lower

Mohawk

'

—

5-21

6-

Niagara

Niagara

7-10

30c

(quar.)

4

1

20c

common

May

on

demption

5-31

6-

7-

32 Vic

(quar.)—_

6-25

6-

5-28

6-10

,

Newport News Shipbuilding & Dry Dock Co.
Quarterly

2

5-31

30c
$1.50
34%c
62 Vic

_

Lines, Inc. (quar.)
Co., Ltd.—
preferred (entire issue called for

plus
5%

Maryland Casualty Co.
$2.10

(quar.)

6-25

•

&

(Henry)

demption

6-18

6-15

50c

$1.25

preferred (quar.)..

(quar.)

———

Moore-McCormack

5-11

1

5c

Co.

Ltd.,

6-10

40c

(quar.)
Inc.

$20c
$20c

semiannual

Corp.,

6-

30c

(quar.)..

___

Calculators.

(quar.)—

(quar.)

Mills, common

13c

—

Marquette Cement Mfg. Co.,
6% preferred (quar.)

6-15

Society, 5Vi% pfd. (quar.)

35c

security profits)

(quar.)

Marathon Corp., com.

Marshall-Wells

6-10

14c

security profits.
investment

6-

1

A

preferred (quar.)
7% preferred A (quar.)
7% preferred B (quar.)
Moore-Handley Hardware Co.,
5% preferred
(quar.)

net investment

net

from

(7c

9

4%

14c

5-21

6-10

H olden

Payable of Ree.

$1
$1.50
50c

5%
preferred
(quar.).—
Newport Electric, common
(quar.)
3%% preferred (quar.)—

Refrigerating & Storage, Ltd.—

Increased

(4c

Maxwell & Moore, Inc.
Mapes Consolidated Mfg. Co
Mar-Tex Oil & Gas (semi-annual)

5%

Montreal

net

from

Manning,

Marchant

5-21

2

7-

7-

Monterey
6-10

5-20

6-18

6-

2nd preferred (quar.)
Oil Co. (quar.)—

7%

2

30c

(qipar.)__

Flour

Montana

5-21

5c

shares

income and 6c from net

v

6-10

Co.

Common

1

1

6-

25c

Co., common (quar.)—
$3.85 preferred series C (quar.)
$3.85 preference series C (quar.)—

5-21

I

income)

income and 9c from net

Manhattan

6-10

net se¬

6-

7-

62Vic

Chemical

Monsanto

shares
(3c from
net
and 4c from net se¬

Metal

shares

Mills

Tool

Machine

Monarch

7c

Petroleum shares

Steel

5-21

Monroe Loan

from net investment in¬
and 10c from net security profits)

come

Class

5-21

6-10

Brewery, Ltd., class
B
(quar.)—

Monarch

curity profits)

Paper shares

6-10

10c

8-14
11-15

—

(reduced)

Carpet Mills, Inc.

9-15

———;—

Mojud Co., common (quar.)
5%
preferred (quar.)

12c

Income

investment

Mohawk

5-19

5c

Industries

Non-Ferrous

6-11

from net

shares

income

investment

1

Telephone (Ohio), common (quar.).
6%
preferred (qtrar.)
Newberry (J. J.) Co. (quar.).—_______
Newfoundland
Light
Power Co., Ltd.—

6-15

When

Per

Share

Newark

5-15

12-15

$25c

'

7-

(from net in¬

and

Equipment

(quar.)__-._

6-10

3C

shares

A

Molson's

curity profits)
General

Class

5-15

investment

income)

vestment

investment

1

35c

—

Equipment

Electrical

6-

—

50c

.

and 5c from net security profits)

Business

5-29

_

—

(5c from net investment

Automobile shares
income

5-25

6-10

$2.50

(accum.)

Mailer (P. R.) & Co. (quar.)
Managed Funds, Inc.—
Agricultural shares (from net
income)

6-15

25c

6-

_

(quar.J;

Service

5-1S

+

(quar.)

Cental RR., 5% pfd.

Miine

5-14

6-17

37 Vic

/(quar.)

Co.

(R.

5

5c

25c

2

6-15

7-

Monday, May 31. 1954

Name of Company

Payable of Rec.

$31 Vic
$75c
$75c
$75c
$2
$50c

Mitchell

5-31

—

Gold

Lake

Red

Madsen

6-15

$$1.25

preferred ftquar.)
MacWhyte Co. (duar.)
5%

(Ma got v ox

Share

...

Holdert

When

Per

Holden

Chronicle

Financial

6-

1

5-7

$2.12Vi

6-

1

5-22

$1.75

6-

1

5-20

—

6- 4

Perfex

Corp.,

4%.%

preferred

Perkins^-M&ehine & Gear, 7%

(quar.)

pfd.

(quar.)_

Volume 179

Number 5329

The Commercial and Financial Chronicle

...

(2415)
Per

Name of Company

Permutit

Co.

Share

(quar.i

Pet

Milk

4

—-.

Co.,

V2 %

common

prelerred
Paul.

(quar.)______^_____

.'.quar.i

Inc.

Pfizer

3»/2%

Co.,

preferred

40C

7-

1

6-11

7-

1

6-11

6-10

5-14

,

(quar.)

common

1

5-20
6-10

25c
1

6-11
6-30

6-10

6-30

6-10

65c
com.

$1,50

7-

6-11

Robertson

$1.12V2

1st

preferred

(quar.)

$1.12 v2

preferred

$4

2nd

Phila.

common

Germantown

&

$3.65

preferred

$4.95

(quar.)

{quar.)__l______________
_________

__

Pickle

Crow

Pillsbury
$4

(quar. >__

Mines, Ltd.
Inc., common

preferred

B

$5

iquar.)

_______________

Co., common (stock
preferred A (quar.)_
prior preferred
(quar.)

div.)_

Polaris
Poor
r

Oil

Co.

Mining

&

Co.,

Class

B

of

Corp.

preferred
Metals

B

Mfg., 5y2%
common

pfd.

(s-ai

Service

Insurance

—

Co.

Service

New

Service

5%

of

Co.

of

New

Co.

Service

____

—____

6-11

5-28

6-12

6-

7-

6-10

$1.75
$1.75

1

1

6

6-10

6-21

5-28

7-

15c

6-

1

5-

7

6-

1

5-

7

6-

1

5-

7

2%

50c

6-15
6-

5-20

1

5-20

6-18

$75c

5-27

6-28

6-

6-15

—

—

of

4

Electric

1

45c

6-

5-15

1

5-10

6-15

5-14

6-15

5-14

13 %C

6-

1

5-20

6-

1

5-20

6-

15c

1

6-

5-20

1

7-

5-10

1

6-

7

20c

6-30

6-15

6-30

6-21

6-

6-

1

5-14

$1.05

6-

1

5-14

6-

1

&

$1.12y2

5-14

50c

6-

1

5-14

6-

1

5-14

6-

1

5-14

6-1

5-14

27c

303ac

6-15

Gas

Co,

.

5-28

$1.25

6-15

6-

(quar.)

(quar.)^__

—

40C

6-30

$1.17(4

__

1

,

5-28

6-30

5-28

(quar.)

$1.02

6-30

5-28

35c

________

„__

Inc., $4.75 pfd.
(quar.)

6-30

5-28

$1.1834

6-15

5-28

Co., com. (quar.)
preferred (quar.)
Pyle-National Co., common

(quar.)__

(quar.)

4-22
5-28
6-

1

+25c

7-

1

6-

1

6-29

6-

4

convertible
Purina

3%%

1st

Co.,

(interim)

preferred (quar.)
(increased quar.)

com.

(quar.)

Silk

Reed

Reeves

Reliance

Co.

$4.50

Inc.,

Renold

6%

conv.

Reserve

Oil

Revere

prior

;__

(reduced)

&

Gas

Copper

Stock

(quar.)

4.50%
3.60%
Rheem
4(2%

class

6-15
6-14

6-10

5-28

25c

6-14

6-

125c

6-15

5-31

2|5c

5c

6-

1

7-

1

1

5-19
1

6-15

7-

1

6-

9

7-

1

6-

9

128c

1

6-15

$1

Francisco

6-25

6-15

7-15

6-25

7-

(quar.)

Co.

(stock

$1.50

Inc

common

dividends)

7-

1

6-10

2%

*

(quar.)

6-23

6-

50c

6-

5-10

1

1

common

25C

7-

1

6-14

7-

2

6-16

St. Paul Fire

Regis

Co.

Sayre

Fisher

&

Schwitzer

$3.40

$4

preferred

preferred

Scovlll

Mfg.

3.65%
.

Co.,

4.30%

Common

4.10%

Seaboard

Finance

$2.12

convertible

preferred
Oil

Surety Co.

Co.

5-15

6-

5-15

1

1

of

7-15

6-1

Del.

1

6-10

6-11

5-21

6-21

5-11

6-30

Co.

6-

1

Bros.

Inc.

6-11

Standard

6-jLO

5-21

$1.60

$1.25

9-15

9-

1

Standard

$1.25

12-15

12-

1

Class

7-

1
1

5-14

8-13

6-

1

5-14

State

9-

1

Co,

6-15

6-

6-

1

5-10
6-

7-

2

5-28

12(4c

6-

7

5-25

6-11

5-21

6-15

6-

25c

6-15

5-25

1

6-15

5-25

10c

6-11

6-

}56(4c

—___

Sheller

Mfg. Corp.
(quar.)
Shenango Valley Water, 5% pfd. (quar.i—
Shepard-Niles Crane & Hoist Corp

37(4c

—

Sherwin-Williams

Co.,

Sherwin-Williams

Co

4%
of

preferred

Canada,

$1.25
25c

(quar.)

Ltd.—

1

$4.50

preferred

Shuron

Optica!

B

Co.

preferred

Class

B

Simmons
Simon

5%

Mines,

Dairies,

(increased

Ltd., com.
preferred (quar.)—

Simonds

Saw

&

Steel

(S.

Smith

J.)

Morgan)

Co.

Socony-Vacuum Oil
Aircraft

Co.

1

6-10
6-10

5%
South

preferred
Carolina

1

6-18

South

5-21

South Texas

Penn

Co.

(quar.)_

—

A

(quar.)_„
Oil

Co.,

6-30

6-16

6-28

15c

6-10

5-15

Sun

15c

6-10

5-15

Sunray
4(4%
5Va%

1

5-14

1

5-14

6-

1
1

Suburban

Electric

Suburban

5.20%

preferred

Oil

Co.

(quar.)

40c

$1.12(4
15c

(quar.)———,—

25c
35c

(quar.)

4

4-28

5-31

5-21

6-

5-21

6-

1

6-10

6-30

5-28
6-16

.

6-10

5-

25c

7-15

6-30

5c

6-30

6-

4

31 (4c

(quar.)
Electric & Gas Co.—

4

6-

4

10c

6-12

6-

1

17(4c

7-

1

6-15

7-

1

6-15

—

20c

7- 1

6-il

&

Co.

6-

1

5-10

7-

1

$1.25

6-

1

5-22

6-

1

5-22

6-

1

5-14

6-10

5-14

6-

5-15

87y2c
30c

6-19

5-

7-

1

6-11

6-

1

5-

B

A

6

6

6-15
'6-4

5-

5

6-30

6-

1

15c

6-10

6-

1

5-25

40c

6-15

5-14

$1.10

6-15

5-14

6-

1

5-14

6-

1

5-14

37'/2c
10c

7-

1

50c

10-

1

9-

1

1-2-55

12-

1

50c

$4c

——

20c

1

2

4-

5

2

4-

5

6-

1

5-17

7-

1

6-15

—

7-

1

6-15

717/sc

7-

1

6-15

25c

—

(quar.)—

(quar.)

I

62J/2c

1

7-

50c

(quar.)_________

6-

7-

$2c

class

1

50c
—k—

Extra

Inc.,

1

15c

(quar.)

Syracuse Transit Corp
Talcott
(James), common
5%
preferred
(quar.)
5%% preferred /(quar.)
Class

6-18

7-15
6-

$1

Quarterly
Sylvania Gold Mines, Ltd. (s-a)

6-

1

5-12

25c

6-

Taylor & Fenn Co., 4.32% conv. pfd. (quar.)
Teck Hughes Gold
Mines, Ltd
Telautograph Corp.
(quar.)—

27c

6-15

6-

$5c

6-

1

4-24

25c

8-

2

6-21

Telephone Bond

25c

6-15

5-25

5%

"preferred

&

—

Share,

(quar.i
6% 2nd

common

(quar.)_

preferred

(s-a)—

1

5-12

1

25c

6-15

3c

6-15

6-

Tennessee, Alabama & Georgia Rv. Co

25c

6-15

5-28

Tennessee

Corp.

50c

6-30

6-

Natural

7-

6-12

62(4c
57(4c
50c

7- 1
7- 1

6-11

6-24

6-10

Tennessee

$1

6- 1

4-19

Texas

6-11

$75c

15c

(quar.)
(quar.)

Quarterly

Telluride

—________

Oil
Co.
(quar.)—
Development Co., class B_

6-

6-30

$1.25

Gold & Platinum Co. (quar.)
Gas Co., common
(quar.)__

6-30

38%c

(quar.)

1

6-15

26j9sc

2nd

Portland Cement, Inc. (quar.)—_
Paper Co., com. (quar.)—__—
preferred (quar.)
Swan-Finch Oil, 6% preferred (quar.)_____
4% 2nd preferred (quar.)—-———

Talon,

1

6-

1

27V2c

preferred

______

7

50c

.....

6-

6-14

7-

25c

.___;

A (quar.)—
preferred (quar.)_
Sunset-McKee Co. (quar.)

Swift

6-14

$1.75

65c

(quar.)

Drug Co., 6% pfd. (quar.)—_—___
Oil Corp., common (quar.)__;

6-

5-17

37V2c

7-15

4.40%

5-14

1

5-31
5-31

Corp.

Superior

5-14

6-

6-10

6-10

$20c

(quar.)

Sutherland

6-15

6-15

1

10-15

5-24

6-15

6-17

1

5-11

6-15

1

2

1

50c

7-

8-

6-

65c

6-17

11-

6-9

$12(4c

1

$1

Mining Cc.

5-21

7-

$1

Biscuits Inc.

5-11

15c

(quar.)
Gas

Sunshine

1

5-28
6-

(quar.)_.

Propane

Sunshine

6-15

5-14

6-10
6-15

Service—

5-31

$$1.25

40c

30c

20c

Ltd.

Sun Ray

6-

1

$20c

A.)

7-

,.

6-15

(D.

$15c

(quar.)
preferred (quar.)
4.60%
preferred
(quar.)—.————•
5%

&

5-31

pfd. (accum.)
preferred (quar.)_

Common

common

Extra

5-25

Co.

preferred

Co.,

6-

(quar.)„
.j_
Sonotone Corp., com. (reduced) .—_i.
$1.25 preferred (quar.)
—;_—4
$1.55

Stuart

7-28

6-15

1

5c

(s-a)
Strawbridge & Clothier, $5 preferred (quar.)

$20c

6-

.

6»4c

preferred

50c

6-

5-18

$1

(reduced)—.

B

preferred

60c

(quar.),

Broadcasting

6-15

Smith, Kline & French Laboratories
Solar

______

:___.

A

preferred
(quar.)
Stowell Screw Co. Ltd., class

2nd

$50c,

6-15
6-

5c

6-15

Prior

conv.

6-10

Storer

2nd

(interim)—

25c

25c

(quar.)

com.

(reduced)

$4

Co

4(4%

6%

Webster, Inc
Mills, class

B

$4

—

&

5-14

2

6-15
5-28

50c

(quar.)

7- 2

Ltd
Oil Corp.
(quar.)—
Mfg. Co. (quar.)
Skelly Oil Co. (quar.)————————
L.),

&

preferred

5-28

Sinclair

(W.

(quar.)

7%

2

7-

5

2

6-11

25c

.

6-15
9-15
12-

43%c

12c

Singer

(T.

Inc.

9-30
12-31

$20c

>_
-

(quar.)

5-28

—-

6-30

$1.25
$1.25

5

pfd.

$l5c

Simpson's,

Sloane

$1.25

—

—

6-

Class

y5-28

5-14

6-14

Stonecutter

5

6-10

6-15

5-15

Stone

2

5-20

Y

1

6-30

5-15

5-28

———

& Sons,

25c

1

—

quar.)—

Co

(H.)

A

6-

4

5-28
5-20

1

prior

5-

7-

$50c

class

32'/2c

8-

V

1

(quar.)—

Ltd...—_.—

Ltd.,

5%

6-

1

$25c

6-10

7-

6-15

(quar.i.

Standard

Silverwood

"

Stokely-Van Camp, Inc.,

2

6-

25c
62(4c

5-14

6-

6-15

__

1

6-10

6-

6-15

———

6-

8-14

56c

25c

k4___-

6-18

6-18

Corp.—

Inc.
(quar.)

preferred

1st

6-12
1

5-14

9
9

Textiles,

25c

preferred (quar.)_—
Ltd.,
common
(quar.)_

Silver

Stern

1

7-

7-

15c

(quar.)

(quar.)

$1.12(4

—

Silknit,

7%

7-

$$1.75

Mines, Ltd
Signal Oil & Gas Co., class A (quar.)——
Class B (quar.)
Signode Steel Strapping Co., com. (quar.)

6-

$15c

$15c

12V2c

Stewart-Warner Corp.
(quar.)
Stix, Baer & Fuller Co., com. (quar.)_—_—

2

$1

(quar.)_—

Sigma

6-25

40c

Co.

$1.12(4

(quar.)

7-15

5-28

(John B.) Co., com.--—50c
preferred
(quar.)
50c

8%

6-

6-

"5-21

12V2c

Sterling Aluminum Products
Sterling Drug, Inc. (quar.)

Stuart

(quar.) ________X_—
Shoe Corp. of America, common quar.)
$4.50 * preferred A
(quar.)—_——_—_—

(quar.)

B

(quar.)
Stedman Bros., Ltd. (quar.)
Sterchi Bros. Stores, Inc

7-2

.

preferred

Supply

preferred

&

6-10

93%c

(quar.)

class

preferred

Class

—*50c

Corp.

Tube,
Chemical

4'/2%

25c

preferred A (quar.)—
4%% preferred B (quar.)

A

5-10

60c

(quar.)—
(quar.)___i^

y 6-11

Stetson

1

6-

60c

4%

5-28

6-10

$1.15

preferred (quar.)_,

5-15

5-10

6-10

,

25c

Silica

Fuel

Stern

5-10

6-10

50c

Quarterly

1

6-10

62(/2c

com.

7

45c

(quar.)_——

(Ohio),

6-

6-17

75c

(increased)

J.)

Stecher-Traung Lithograph
Commbn (quar.)

50c

—_—

(N.

Stauffer

6-17

50c

Co.

7

7-10

1

(quar.)

8-13

7-10
1

(Calif.)

6-

53c

__.

6-25'

1

Packaging Corp.—

Standard

22c

G.)

Oil

Standard

9-1

(quar.)—

6-25

7-10

_

(increased)—
Class B
(quar.)
Standard Railway Equipment
Mfg., Co.—

6-

60c

6-18

12Vac

$1.60 convertible preference
Standard Radio, Ltd., class A

50c

6-15

Co.

preferred

91(4c

Shawinigan Water & Power

7%

3%%

91 (4c

$1.433/4

4

20c

—

6-17

6-

6-18

8-

7-10

5-14

7-10

Standard Oil Co.

5%

5-24

6-15

12V2c

5-18

5%

4

7

6-18

5-20

5%

6-

1

1

1,

5-24

6-20

1

6"

,

6-

1

5-31

5-15

8

5-21

50c

Extra

5-15

6-

5-31

7-

Standard

1

5-28

1

7-

5-2C

1

11-30

6-14

7-

7-

5-31

6-

12-10

75c

5-31

6-15

1

25c

6-15

6-

8-31

45c

(quar.)

$1

45c

preferred

(Ky.)

f25c

5-28

9-10

9-15

12-

,■

25c

______________

Oil

6-10

com.
<quar.)_
(quar.)_

Steamship,

Oil, Co.

131 (4c

1

10-

12-15

25c

&

Standard

—-

$1.02(4

5-20
6-15

5-20

4

6-15

5-20

1

1

6-

6-

6-14

1

6-

1

7-1

/

6-

2

7-

12J/2c

(quar.)—

7-16

5-28

6-15

(Ind.)

7-16

5-18

6-

Co.

1

6-

1

6-15

40c

Oil

8-1

6-17
6-

87(/2C

Standard

8-

5-7

~

Standard

7-20

5-10

50c

Holding Corp., class A (quar.)
(quar.)

Standard

(quar.)
(reduced)—

(Frank

Fruit

participating
.Participating

5-27

1

(quar.)

preferred

7

2

5-25

6-

40c

(quar.)

(quar.)

7-10

6-10

$1.07(4

common

5-

75c

6-15

6-10

25c

(quar.)__

1

27(4c

4

5-19

94c

Co.

7-17

5c

1

40c

6-

183/4C

6-

5-19

v

40c

(quar.)_

$3

B

5-10
6-

1

25c

(quar.)
(quar.)

Dredging Corp.—

(quar.)

25c

Inc.,

convertible

Standard

1

6-

—

preferred

preferred

-7-1

(quar.)

Serrick Corp., Class B
•Class A (quar.)__
Shattuck

$3.50

6-

6-15

10c

Insurance

Standard Brands,

1

1

(quar.i____

5-10

10c

Accident

1

(quar.)__—

Co.

1

75c

■;

E.) Mfg., common
preference
(quar.)_.

2

(quar.)______—_____

5-14

6-

10c

(A.

$3.75
Standard

6-

(quar.)

1

25c

participating

Staley

6-15

7-

50c

6-

(quar.)

7-12

6-

12V2c

Cement

Square Deal Market Co.

6-

'

7-15

$1,12(4

(quar.)_^

Sprague Electric Co. (quar.)___.
Springfield Fire & Marine Insurance

6-15

(quar.)

5-17

60c

Additional

5-14

7-

common

..Additional

6'-T8

(quar.)____

1

15c

Portland

6-15

common

6-

5-17

;vv

20c

Quarterly

6-24

$1.07(4

Co

Mills,

Spokane

6-24

6-

&

1

7-15

6-15

D.i

1




6-

r—•-

(s-a)______

Class B (quar.)___*
Spokane International RR. Co. (quar.)
Quarterly

5-17

6-1

Searle

7-

7-

6-15
6-

Seabrook Farms Co., 4(4% pfd. (quar.)
$1.12(4
60c non-cum. partic, pfd. pref._—10c

(G.

Spindale

30c

preferred
(quar.)

Seaboard

7-

2c

5-20

5-20

50c

(quar.)

5-17

33c

Sperry Corp.
(quar.)
Sperti Products,
5%
preferred
(quar.)
Spiegel, Inc., $4.50 convertible pfd. (quar.)__

5-26

22 (4 c

Seaboard

Carbon

t$1.06

(quar.)—

Co.,

$5.75

90c

40c

1

$1

—

$1.12(4

(quar.)_

6-

6-10

25c

&

Atlantic

5-14

1

10c

preferred

South

1

6-

12(4c

(quar.)

t

:

$6(4c

(quar.i

5-14

6-

1

6-10

5-15

$1.12(4

preferred (quar.i
Co., Ltd., common (quar.)
(auar.):—__________——

Scythes

Seeman

6-

1

6-1

30c

(quar.)
4.30%
preferred
(quar.)___——
Scranton-Spring Brook Water Service—

6-5

$1.12 y2

6-157-

85c

common

1

28c

Spencer Chemical Co., common (quar.)
Spencer Kellogg & Sons Inc. (quar.)

$1.12(4

preferred

60c

5-14

5-15

Co.—

prelerred

American

6-10

Speer

5-14

12'/2c

(quar.)

1

6-

75c

1

75c

quar.)

3

6-

25c

1

$1.25

(initial

6-

$1.50

6-

62(4c

(quar.)_

5

6-15

50c

(quar.)

6-

preferred

(quar.)

(quar.)____

preferred

3.65%

common

5-14

12(40

(quar.)—

6-

Co.—

1

37V2c

preferred A (quar.)—_——Paper Co., common (quar.)_______—

South

Co.

Co.

Speed Queen Corp.,

•

Insurance

Service

6-

15c

(quar.)

6-15

25c

Sparks-Withington, 6% pfd. (quar.)
$1.50

5-19

$1

33c

Public

6-15

t$1.06(4

com.

1

(Dallas)—

$1

i

5-14

8-13

6-

20c

(quar.)____
Co.

f25c

(quar.)__

6-15

25c

40c

5(4%
Scott

(quar.)_

7-1

35c

A

preferred

Brick

Cummins

5-14

(increased)

$1.25

Paper

convertible

$1.32

5-14
6-15

A

preferred

& Marine

5

60c

1

Co., common (quar.)
37(4c
$4.40 1st preferred series A (quae,)-----$1.10
Sarnia Bridge Co., Ltd.
(quar.)
+20c
Savage Industries, common (initial)——25c
75c

common

States Telephone Co.—
(quar.)__
preferred (quar.)

A

preferred

6-

(increased)

6-

7- 1

5-14

.

9-15

V

Common

30c

preferred

convertible

60c

(qyar.)__

5-20
5-14

1

1

Southwestern

5

$1.25

(quar.)

Ry.,

5%

Smith

(quar.)

Paper
Oii

1

6-30

$1.12(4

(quar.)

com.

common

preferred

Ranch

7,

5-19

6-

6-

6-15

v

■

6-10

7-15*:

1

.

6-

25c

(quar.)

50c

1

6-12
6-21

62V2c

(quar.)
preferred

1

8-

40c

62%c

(quar.)_

Co.—

Insurance

6-

37V2c

(quar.)

convertible

(quar.)
(quar.)

preferred

Rhinelander

25c

6-1

5- 3 '

6-10

25c

Service

convertible

50c

'

(quar.)

convertible

St.

$1.02V2

6-5
6-30

62(fee

(quar.)
preferred (quar.)

Southwestern Life

Common

5%

(quar.i

B

Co.,

$1.25

preferred

5-14

A 75c

Quarterly

5%

5%

5%

preferred

Mfg.

5-20

6-18

25c

dividend

Common

6-10

6-30

25c

Brass.

&

6-11

1

87 (4c

.___

common

Reynolds (R. J.) Tobacco,

Rice

__________

quar.)_—_

common

preferred

Reynolds Metals Co.,

1

,

._

(quar.i

Corp.,

5-28

7-

10c

Coventry, Ltd., class A
(quar.)
Steel

6-12

50c

C.)

preferred

Republic

5-14

1

50c

D.

(special)

(quar.)

Rand,

preferred

Louis-San

St.

5%

(reduced
Ltd.

(III.),

preferred

Remington

6-

$1

Southwestern

—

________

(quar.)_

Inc.

(Canada),

1

5-20

50c

—_—__—

Co.

1

6-

6-10

Inc.—

(quar.)

___

Mfg.

ZVzVc

4%

preferred

Brothers,

Reitman's

(Wash.,

9-

6-15

35c

30c

Insurance

1

25c

___—.__—.____.

Bit

1

10-

Hosiery Mills,

Roller

6-

9334c

—

_——

_______

Real

1

(quar.)—.,

Raybestos-Manhattan, Inc.
Rayonier. Inc., $2 preferred (quar.)
Reading Company—
4% non-cUm. 1st pfd. (quar.)—__

5%
prior
Reardon Co

1

9-

1

preferred

Title

6-14
6-

9-13
7-

Electrotype (quar.)
Packing Co. (quar.)
Ray-O-Vac Co. (quar.)

Estate

1

6-11

933iC

Rapid

Semi-annual

7-

75c

(quar.)—______________

Rath

Real

87(4c
75c

_____

preferred"

3%%

___.

Ltd.

America

5-15

5-14

Royalty Corp. (s-a)_____
__'
Safety Car Heating & Lighting Co. (quar.)_
Saguenay Power Co., Ltd., 4(4% pfd. (quar.)
St. Joseph Lead Co
St. Joseph Light & Power
Co., com. (quar.i

6-15

6-30

,.

6-1

Electric

5-14

'

com.

quarterly
Southwestern Investment,

5-14

Inc.

1

175c

$3.50

Haynes,

7-

5%
preferred (quar.)
Quemont Mining Corp.,

Common

&

Sears, Roebuck & Co.
Seatrain
Lines, Inc.

1

—

Ralston

Ryerson

Seeger Refrigerator

6-15

,

10c

Sabine

6-10

50c

6-30

6-15

quar.)

Increased

45c

5-10

35C

Southwestern

6-18

40c

5-28

7-

__

6-18

1,

-

(quar.)

1

6-15

1

6-

:

Engineering Corp.—

1

1

7-

7-1

(increased

5%
non-cumulative preferred
Southern Utah Power Co
Southland Paper Mills

5%

(quar.)

7-

125c

____.

of

Tool

6-

Quarterly
1_
Quaker State Oil Refining Corp. (quar.)____
Quebec Telephone Corp., com (increased)

Corp.

&

6-14

7-

6-18

5-14

common

75c

Quaker City Fire & Marine Insurance—

Radio

Co.,

$1.25
$2

6-18

1

5-14

(quar.)
(quar.)___

30c

___

____

6-18

7-1
7-

1

com.

50c

______

Oil

5%

7-1

6-1

Royal Typewriter Co., Inc.—
Common (reduced)
4(4% preferred A (quar.)
Royalite Oil Co., Ltd. (quar.)—___________
Ruppert (Jacob), 4(4 % pfd. (quar.)
Ryan Aeronautical Co. (quar.)

5-17

1

Railway Co.,

non-cumulative

6-

Rotary Electric Steel Co. (quar.)__,
Roxy Theatre, Inc., $1.50 pfd. (quar.)
Royal Crown Bottling (Ky.) com.
(quar.)
5%
preferred
(quar.)___

6-15

6-10

5-17

$1

Corp. (quar.)___
Packing Co. (quar,)

(J. O.)
Increased

5-14

Mexico—

$1.40 preferred (quar.)—
Publicker Industries,

preferred

1

6-10

$1.133/4

(quar.)____^

Cable
Gear

5%

._I__

preferred

Inc.

6-

6-

50c

5%

5-14

1

1

20c

(quar,)__

$25c

Extra

5-14

1

22 (4 C

New

Co.,

Ross

5-14

6-

Co.

Co.

J20c.

—

87»/2C

(quar.)_

com,

preferred (quar.).

8%

75c
25C

Hampshire—

4.70%

P.ullman,

5-18

5-18

$1.06 V*

Indiana,

4.08%

Pftre

5-13

1

1

50c

preferred1 (quar,)__

Public

1

6-

35c

(quar.)

(initial)—

common

Public

6-18

Colorado

ot

preferred (quar.)
preferred
(quar.)__
preferred (quar.)

4.32 %

7-

Co.—

preferred

4.90'%

5-28

JS2

._

preferred

Co.

Service

Public
;

6-11

20c

(quar.)_
4.20%
preferred
(quar.)
4'/2 % preferred (quar,)_

f

Ross

$1.25

(quar.).

convertible

3'/2 %

Rosefield

1

15c

(accum.)

(quar.)__

of

Washington

Common

Public

5

7-

$25C

—

(quar.)

(resumed*-—

Providence

4lA%

Rome

5-

15c

_________

$2

5-31

1

6-

Gas

Pacific

f30c

(quar.)

Paper

7-15

37V2C

America, Inc. (reduced)
Price Bros. & Co.,
Ltd., 4% pfd. (s-a)
Prosperity Co., class A (resumed)

Public

4(4%

6-

Natural

Southern

5

Corp.—
(quar.)

A (quar.)
Co., Ltd., common
preferred1 (quar.)

Rolland

$1.20

Southern

5

6-

Southern

6-

$1.20

8

6-

„

1

6-

6-

37'/2c

(quar.)___

6-

6-15

6-15

f50c

com.

34c

(quar.)
Southern Indiana Gas & Electric
Co.—
•. Common
(quar.)

preferred

5-14

1

26&C

7-13

:

5-

6-

25c

(quar.)__

40c

preferred

7
4

$25c

Ltd.

Prentiss-Hall, Inc.,

Class

4%

5-

5c

(reduced)
(quar.)

America

Co.,

Preferred Utilities
5%

6-15

1

6-14

5
5

5-31

16(4c

Co.

$25c

preferred

& Haas

6-

6-30

1

v--

5-

30C2c

tlOc

.

—

J (quar.)
Corp. (quar.)
(quar.)
i

preferred A

1

6-

37 (2c

_____________

Pressed

6-

&

prior

5%

6-16

40c

(quar.)
.

Steel

River

Extra

7-15

65c

(quar.)

(quar.)

Co.

Powell

25C

6-

Southern

J26c

Mfg. Co.
Spring & Axle Co..

5%

/

-

Portsmouth

"Potash

__

(quar.)
A

1

4

preferred

4.80%

7V2d
;

—

Electric

Transit

Rockwood

6-15

Rohm

$1.75

Ltd.' (interim)

Co.

class

6-

$1.25

preferred (quar.)—_____—___

Development,

5-11

1

$1.37V2

.

Pittsburgh & West Virginia Ry. (quar.)
Pittsburgh, Youngstown & Ashtabula Ry. Co.
7%

1

7-

25c

—

5V2 '.1

„

Rockwell

$1.25

___

__.

Steel

Plymouth

Rockwell

5-11

53 VBC

> 7% preferred (quar.)__i.——
Pittsburgh Screw & Bolt Corp, (quar.)___

Placer

5-11

1

25C

Pittsburgh Consolidation Coal Co. <quar.)_
Pittsburgh Forgings Co. (quar.)
Pittsburgh, Ft. Wayne & Chicago Co.—

5%

1

6-

6-

&

preferred

6-

6-12

6-

4(4%

5-24

5-31

Co.,—

37V2C

(quar.)

common

(quar.)

Gas

Rochester

'

iquar.)

Pittsburgh

5-15

5-11

Co.—

(quar.)_
preferred (quar.)

Common

1

1

40c

1

(quar.$1.02Va-

6-

9334c

6-15
,

4% preferred series F
4%%
series I preferred
4.10% preferred H

6-

$1.2334

$1
'

,__:r

Rochester

$1

preferred

$4.80

4

6-1

6-14

25(&c

Edison

Co., common
5.44% convertible
preferred (quar.)
4%
preferred (quar.)

5-14
6-

6-10

,

50c

___.

25c

50c

(quar.)

Pittsburgh Coke & Chemical
Common

5-20

$10c

__.

(quar.)

(quar.)_____.
Inc., com. (quar.)

Pithey-Bowes,

6-

12V2C

Gold

Mihs,

preferred

4'A7c

Co.

2

6-15
6-10

60c

■

preferred
(quar.)
preferred (quar.)
Robinson, Little & Co., Ltd.,
$1 preferred A
(quar.)

2

$1.50

9-15

V

5%

983/4C

Corp., common (quar.)___.
3%%' preferred (quar.)
Philippine Long Distance Telephone Co.—
Payable in Philippine currency______
Phillips Petroleum Co.
(quar.)
Hosiery

'

1

'

8%

91 (4 c

Philco

Phoenix

66-

10-

Holdert

Payable of Rec.

20%

4.08% preferred (quar.)
4.88% preferred (quar.)
Southern Calif. Water

25c

(quar.)

preferred (quar.)—__
(H. H.)
Co., (quar.)__—
(P. L.) Mfg., Ltd., common

preferred

4.10%
____

(quar.U__

preferred

9-10

6-30

Myers,

Extra

12-10

6-30

fe

25c

(quar.)

_______

preferred

$1

RR.—

____________

Suburban Transportation Co.
Philadelphia Suburban Water Co.—

$3.95

1

25c

Norristown

Quarterly

(quar.)

10-

9-15

75c

participating

Robertson

6-11

45c'

__

(quar.)

Fhila.

Common

9-10

12-10

1

1-2-55

$1

.

Robbins

Co.—

(increased quar.).

preference

1

7-

$1

__

(quar)

Electric

10-

1-2-55

$1

(quar.

preferred

Common
$1

(quar.)

preferred

5-21
5-14

5-28

1

Southern

6-15

1

;—

(quar.)

Cement Co.—

1

$1.12 Va

6-15

1

participating class A (accum.)
Copper Mines, Ltd.—
American shares
(interim)—^____—___

6-

(quar.)

1

Antelope

6-15

(quar.)

77-

$1.25

Roan

65c

(quar.)

preferred

Philadelphia

(

6-10

Riverside

A

dividend)

10-

California

When

Share

(stock

$1.75

(quar.)____—-__——_

Corp. '(quar.)

preferred

10c

Co.,

1st

2nd

$4

5-24

87(2C
$1

(quar.)________

list .preferred

$4

4

6-

6-25

Oil

Sugars

$1.75

—_

Riegel Paper Corp. (quar.)
Riegel Textile Corp., common

6-11

35c
30c

$4.50

.V $4 2nd

2nd preferred

preferred

6-

25c

(quar.)

2

Per

Name of Company

$1.75

(quar.)

7%

$1.75

(quar.)

1st

Richfield

$4.50
•'

(quar.)___

2nd preferred

7%

5-12

*4.5U

.

preferred

7%

55

Holdert

Southdown

6-

4% 2nd preferred (quar.)
Phelps Dodge Corp. (quar.)
Pheoll Mfg. Co. (reduced quar.)

'

•

1st

15c

v-'

<

7%

(quar.)____

Co.

Philadelphia Dairy Products

5-26

Payable of Rec.

Inc.—

50c

& Trading Corp., ciass A
Co.
(quar.i
Brewing Co.
(quar.i
_-

(Charles)

6-10

Rice-Stix,

When

Share

Name of Company

5-26

:

.

Petroleum

Pfaudler

6-10

15c

•

Per

Payable of Ret

$1.12 Va

_

(quat.)

Petersburg & Hopewell Gas

Pfeiffer

Holderi

25c

Extra Y____

Peter

When

Co.

Power,

(quar.)

—N

(quar.)
Gas

Lines

,__i
(quar.)—

12V2c
75c

1

6-10

5-25

5-

1

9

7

'

Financial Chronicle... Monday, May 31,

The Commercial and
56

Common

(quar.i__

preferred

___.

—

—

(quar.)

com.

Texas

(quar.)
—.»
Gulf Producing Co. (quar.)—

Texas

Gulf

preferred

5.40%

Sulphur Co.

Extra

——

6-15

Universal

5-25

Utah

Common

Textiles,
4%

Inc.,

(quar.)

35c

6- 4

6-10
7- 1

5-22
6-19

31 V^c
$1
$1
25c
10c
10c
40c
50c

7- 1
7- 1
7-1
6-15
6-10
6-30
6- 1
6-15
6-15
6- 2
7- 1
7- 1
7- 1

6-15
6-15
6-lo
5-28

(quar.)

(R. I.) —
convertible preferred

Van

(quar.)

preferred

4%

A (quar.)4% preferred B (quar,)-——
Thatcher Glass Mfg. Co. (quar.)
The

Pair

(quar.)
(quar,)—

Thermoid
Thew

-

Co.

Shovel

Co.

—

preferred

(quar.)

—

Thomson Electric Welder
Thorofare

(quar.)_

(quar.)—

Markets,

5%

Inc., common
non-convertible preferred E

5%

conv,

(quar.)—

(quar.)

preferred (initial series)
Ltd.
(increased)

Thrift

Stores,

Thrifty

Drug

Tide

(quar.)

dividend

Roofing Co., Inc. (quar.)
—
"Time,
Inc.
(interim)———
Timken Roller Bearing Co. (quar.)——
Tip Top Tailors, Ltd. (quar.)_
—
Title Insurance & Trust Co. (Los Angeles) —
Quarterly
Quarterly

Quarterly
Shipyards Corp..——,
Toklan Royalty Corp. (s-a)——

—-

-

Edison

^.4.25%
Toronto

10c
50c
75c
U5c

6-15
(HO
6-10
y7- 2

5-25
6- 5
5-20
6- X

7-2

—

—

Ltd.

Elevators,

120c

(quar.)

Quarterly

Vogt Mfg.

Steel

Waldorf
Ward

$2.80

preferred
Radio

Trav-Ler

(quar.)

.—

(quar.)

Corp.

Quarterly
Quarterly
Tremont

Building Trust Co
"Trinity Universal Insurance, com. (quar.)—
Quarterly
Troy & Greenbush R. R. Association (s-a)—
True

(quar.)

common

preference

(quar.).

Tudor

City 4th Unit $6 pfd. (accum.)
Electric Inc., com. (quar.)
—
preferred (quar.t
Twentieth
Century-Fox Film Corp.
(quar.)
Special

Tung-Sol
S%

Twin Coach Co.,

$1.50

com. (quar.)
preferred (quar.)
Salle Street Corp.

conv.

208 South

La

(quar.)_—

Quarterly
Underwood
Union

8%
Union

Gas

5%

System

$3.75

of

Co.

preferred A

(quar.)—

Class

B

(quar.)

Tank

Cash

Car

Wire

United

Air

4Vi%

(quar.)_

35c

dividend)—

(increased

Inc.,

100%

com.

25c

(quar.)——

25c

$1.12Va
75c

preferred (quar.)

United

Aircraft

div.

Stock

Corp.,
each

for

preferred

United

B

of

Chance

7-1

of

Co.

preferred

1
6-15
6-15

America,

6-15

_■___

6- 1
7-15

Corp,,

(quar.)

com.

6-10

Carbon

United-Carr
United

Co.

6-10

Fastener

convertible

United

Corp.

United

;___

(quar.)
Stores Corp.—

preference

(s-a)

7%
United

Elastic

United

Electric

United

Fruit

United

Gas

4Vi%

United

6-15
8- 5

Co.

$1.75
60c

(quar.)

Coal

Cos.

Improvement Co.,

and

B

Co.,

(F.

W.)

gtd.

6%

6-18

7-

2

25C

6-

1

5-

$1.13

6-

1

5-7

75c

6-

1

40c

6-

1

$1.50

—

7

4Vi%

5-17

25c

6-10
6-15

5-25

6-15

6-

(s-a)

convertible

Worumbo

5-25

40c

preference

(quar.)

—

(Win. Jr.)

Wrigley

1

6-

1

7-15

7-

1

6-10

6-

1

7-

1

6-15

Wyckoff

20c

6-

1

5-14

Yellow

$1

6-

1

5-14

25c

6-

1

5-10

6-

1

5-19

$1.25

6-

1

5-19

6-15

5-26

Youngstown Sheet & Tube Co.

6-

1

5-14

Youngstown

35C

7-

1

6-15

6-15

5-25

Zenith

Radio

Zonite

Products Corp.

25c

Wurlitzer

Brake Co.

(Rudolph)

Co.

Co.

6%

Co.,

com.

6-

1

5-17

6-

1

A.)

7-31

7-1®

Ltd.

(interim)

14c

7-16

6-15

Wire

Spring &

6-30

6-21

Steel

Coal

(quar.)

25c

6-15

6- 1

6-15

6- 1

75c

6-15

5-14

25c

6-15

6- 1

15c

6-10

6- S

50c

6-30

6-11

10c

6-25

6-1®

Co.

Door

Coke

&

(quar.)

(quar.)

(quar.).

(quar.)

Corp.

(resumed

8-16

811-

1

in

1

2-

in U. S. funds, less

IPayable

2

11-15

resident

1

for this dividend.

books not closed

♦Transfer

15% Canadian non-residents' tax.

Canadian funds, tax deductible
15%; resident tax 7%.
income

a

Less

British

6-15

5-28

x

Less

Jamaica

50c

6-

1

5-10

y

Previous

95c

6-

1

,

date

5-10

class A

45c

6-30

Life

11V2%

1

75c

Playing
Potash

Card
Co.

Co.,

Tobacco

(quar.)__

7-

1

6-14

6-11

6- 2

25c

6-11

6- 2

7-1

6-4

22 Vic

(s-at

(quar.)

75c
$1

(quar.)

7-

1

6-11

6-18
7-

1

6-15

6-

1

5-15

7-

1

6-15

6-12

6-

1

5-24

$2

common

(quar.)

preferred

(quar.)




(quar.)

-

6-12

5-24

75c

6-10

5- 7

30c

1

6-15

6-

43%c-

6-15

6- 1

t25c

6-30

6-15

buys

new

curing Cancer.
Just write "CANCER"

containing

your

check

or money

on

the envelope

order. It wiH be

delivered to the American Cancer Society

office

in your state.

AMERICAN

CANCER

equip¬

for treating and

5-28

6-15

50c

every dollar i send

ment, establishes new facilities

6-4

5-28

62V2c

—

(quar.)—

Ltd.

1

6-10

40c

com

non-cumulative

7-

45c
com.__

common.—!

Co.,

6-14

10c

(quar.)_

preferred

United Steel Corp.,

Y..»

Co.—

preferred series A

Steel Corp..

7

$1

preferred

Printing & Lithograph.
Rubber

7-

$1.75

Pipe & Foundry Co.

4Vi%

6-14

20c

dedicat¬

Cancer.

5-20

7

are

ing their lives to find the cause—and cure of

5-20

1

7-

25c

(quar.)

1

6-

20c

V

6-

$1.75

(N.

thousands how

every quarter i give helps support

*5-13

(quar.)

(quar.)

Co.

new

recognize Cancer and what to do

about it.

5-18

6-

$1.75

Lines Co.,

1st

6-29

22Vic

(quar.)____

Insurance

7-

to

laboratories and scientists who

(

preferred

by

every nickle and dime !

give helps teach

6-11

(s-a)_^__

i

help those stricken

Cancer to live again.

5-28

1

_

...here is life-giving money

5-28

7- 1

common

Gypsum Co., com.

to yourself
1

•

5-18

source.

Non^

'

tax.

date was incorrect.
and/or record date is indicated here.

Say

6-21

the

tax.

income

published

5-24

(quar.)

Co.

1

6-10

at

tax

40c
—

5-2T

37yac

6- 1

4-30

$1.25 2-15-55

(quar.)

5-14

(quar.)—.-

pfd.

conv.

Mines,

Bear

tPayable

.

6- 1

6-10

(quar.)

—

6-1

25c

(L.

Zeigler

$1.25

(quar.)

5-2®
6-18
7-2®

Extra

$1.25
—

6- 1
7- 1
8- 2

--

Steel

Cab

Young

Co.

(quar.)—
(quar.)
(quar.)

5-25

25c
25c

25c

Yellowknife

125c
17'/2C

(quar.)

7-2

Monthly

75c

(quar.)-,—

5-14

$3c

(quar.)

Monthly.—

7-

130c

(quar.)
Ltd.

5-20

ol.50

(quar.)—
Co.

6- 1

25c

1

50c

„

$2.50

(monthly)

Co.

6-

75c

(s-a)

$1.12'/2
$1.12,/2

20c

Ltd.

Mines,

Wrlght-Hargreaves

1

prior pfd.

$1.25

—

(quar.)-

(s-a)_;—

preferred

prior

5%

Mfg. Co.,

"

6-19
6-15
6-15

Worthington Corp., common (quar.)
4>/2% prior preferred (quar.)

5-17
'

160c

Co. (quar.).—.

5-14

& Co., Ltd.—

of

reserve)

pfd.

common.

Freight

7-

$1.06Vi

dividend

capital
conv.

U. 8.

8.

Woolworth

6-11

55c

U. 8.

7%

6-18

4-30

6-10

Extra

U.

2

5-24

5-31

7-15

(quar.)_

.__

(final

from

preferred

6-11

25c

com.

(quar.)

Ltd.

4%

•

75c

(quar.)

(quar.)

preferred

Foil

Class

t%

7-

30c.

to

Envelope Co., common
preferred (s-a)

U. 8.

Co.

7-15

10c

U.S.

U. 8.

6- L

W.)

.

(quar.)__

JlOc

Casualty Co., 45c

5%

5-7

50c

(F.

5-31

,__

Corp.

Molasses

7j/2%

8.

6-8

6-16

Ltd.

U. S.

U. 8.

5-15

3%

1

5-20

40c

——

United Illuminating Co

U.

6- 1

7-

(quar.)—

6- 7
6- 7

6-10

Dye &' Chemical Corp.—
preferred
(accum.)—

United

8.

5-18

50c

Woolworth

$1.37 Vi

pfd.

(quar.)__

Co.

5.30

6-21
6-21

1

Corporations,
B
(quar.)

Class

U.

6- 4

Governor

Industries,

5-29

7.15

7 Vic

(quar.)—__

(quar.)

Cigar-Whelan

$3.50

S.

6- 1

32'/2C

5%

Woodward

1

5-13
7- 2
5-29

$1.12Vi
25c

non-cum.-preferred (annual)—$6
Ltd. (s-a)___
140c

United

7%

31V.»c

Inc.,

Woodall

6-

Wood)

Alan

(see

6-1

50c

(quar.)

com.

(quar.)

Can & Glass Co., com.
Series A preferred (quar.)

U.

5-15

Co.

5-14
5-31
5-31

87Vic

_

(s-a)
_—

Carton

&

Board

6%

8.

Air

Steel

(Alan)

5-28

6-

62 Vic

——

Ltd., class A

United

U. S.

A
A

Wood

6-15

—-

Westinghouse Electric Corp.,
3.80% preferred B (quar.)

$1.25
f25c
125c

held)

United Bond & Share,

U.

5%

Westinghouse

56V4c

shares

(s-a)___—

Biscuit

$4.50
United

7%

RR.

preferred
preferred

7

Vought

5% preferred (quar.)

United

7%

Pacific

preferred A

5-2&

6- 1

5-18

—

Telephone Co.

5%

6-19

25c

(quar.)—
(quar.)

Breweries,

5%

27'/2c
J$1.37V2

common

Artists Theatre Circuit¬

United

U. S.

Western

$1.25

three

(quar.i

Amusement,

Class

(quar.)

common

share

(one

Aircraft

1

Carolina

(quar.)_

preferred (quar.)

Service,

& Co., 5j/2%

H.)

5-11
6- 1
5-14
5-14
5-21

6-

75c

quar.)

(quar.)-!

Rope Corp.
Lines

35c
35c

____

—

(stock

Co.

dividend

Union

1

Western

5-

(G.

5-11

6-10

Ltd.

Supply

Auto

Wood

7

6-16

common

West Virginia Pulp Sc Paper

Canada

5-10
6-

25c

& Seashore RR., 6%

Products,

1
2

Public

Wisconsin

1

(quar.)

Co.,

Western

4-25
7-16
5-14

35c

Telephone

Western

7-31
6- 1

7-

Co
Co.

5-21

6- 1

$1.50
90c

7-

(quar.)

6% pref.

6- t

37V2C

6-11

,

——

6-30

35c

common;

25c

(quar.)

6-18

JS2.50

(s-a)

5-20
5-28
6- 1
6- 1

1

(quar.)——
$3 conv. pfd.

5-26

6-14

6-26

(quar.)
preferred (quar.)_

3.60%

1

Power,

6- 1

7-1

11c

preferred

7-l«

,

5-28

62'/2c

—

(quar.)

45c

—

Corp.,

6-

2

5-21

6-10

1

preferred

7%

40c

(quar.)

(quar.)— ——

preferred
(quar.)
West Indies Sugar (quar.)

Westeel

5-28

6-10

conv.

West Jersey

5-28

135c

Paper

Coast

6-21

115c

___.

$5

5-14
5-3
5-13
5-13

6- 1 /"■
6-15?
6-15
6-1

$1.05

6-

West Disinfecting

6-18
9-20
6- 1

6-10
6-10
6-11
6-11

25c
$1.25
93%c

______

Sugar Co.
(quar.)
Sulphur & Oil Corp., class A

Union

j,

(quar.)_

com,

(quar.)

West

Winter &

Electric

7-30

6-10

Sl.OB'A

(s-a)

(quar.)

(monthly)

5-28

7-

Inc.

preferred

preferred

5-28

Hirsch,

5-14

25c

(quar.)

5-18

20c

(quar.)
(quar.)

Inc.
5%

1

Wisconsin

6-10
8-20

25c

6-21

8-

15c

(quar.)—

$4.25

Co.,

6-14
5-1T
5-15
6- 8

25c

6-21

6-21

Ltd.

&

6- 1
6-15

15c

35c

6-15

Ltd.

Co.

7- 1
6- 1

20c

,

Winnipeg Electric Co.—
5% non-cumulative preferred

6%

40c
35c

California

Union

's

(Kansas),

50c

(quar.)

6-

6-14

$20

Inc

& Sons,

$1.01

$5 preferred (quar.)
(quar.)
——.
preferred (quar.)
—
Wellman
Engineering Co
Wesson Oil & Snowdrift, $4 pfd. (quar.) —
4%

5-28
6-30
5-14
5-17
5-17
6-11
6-11
6-18
6-18

6- 1
6-1
6-16- 1

131 'Ac

at

dividend)

Winn 81 Lovett Grocery Co.

5-18

14

June

on

6- a
6- 8

issue

(quar.—

Brothers,

Wilson

5-21

1

Weeden & Co., com.

8-16
11-15
6- 1

6-19

130c

Corp.

preferred

Union

5%

Carbon

&

Oil

Union

.

25c
10c
12Vic
37Vic
62Vic
62 Vic

1

Weatherhead Co.,

6- 1
6-23
9-23
12-28
5-22

6-15
6-11
7-15
6- 1
6- 2
6- 2
6-26
6-26
6-30
7- 1
7- 1
10- 1

Corp.

Carbide

6- 1

8-25
11-26

6-

6-

this

Products,

Wilson

5-20

(entire

(quar.)

Co.

&

Willson

5-28

$1.25

Co.,

Williams

5-17

1

37 ViC

Waterous Equipment, Ltd.,

5-14

6-10
6-10
7- 1
10- 1
1-5-55
6- 1

70c
7Vic
7 Vic
7Vic
50c
25c
25c
$1.75
40c
$1.12Vi;
$2
25c
62Vic

Acceptance Corp., Ltd.—
preferred iquar.t

Union

6-11

25c

Temper Corp.,

4Vi%

25c

(quar.)

common

4

6-15

6-

Oil

1

6-

(quar.)

Motor

6-

6-15

5-25
5-14
6-15

Co J

Blake

Corp.

Wilcox

6-21

redemption

(Clarence)

Wlckes

5-17

SI

Corp. (quar.),
Washburn Wire Co. (quar.)—
Washington Water Power Co. (quar.)——

Waukesha

1

2

110c

*

Petroleum

Watervliet

67-

62 Vic

preferred
(N.)

5-11

15%c

_.

$4.50

2

30c

——

Baking Co.,

Warren

6-

$12V2c

(quar.)

common (quar.)--,
preferred (quar.)
—
Warner-Hudnut, Inc., common (quar.)—.—
6% 1st preferred (quar.)
—i_—
Warren (S. D.) Co., com. (quar.)—
-

6- 4

40c

—

Co.,

Coal

class A

6 Va %

Warren

5-12

5-11

(quar.)

Mines,

Co.

1

2

5c

Inc..

(quar.)

System,

Walgreen

Whitney

66-

(quar.)

Paper

Whitman

40c

(quar.)

Co.
(quar.)
Machine Works
(reduced)—

6-10

6-21

25c

—

for

Whitaker

6-10

6-30

Co.

<quar.)_

pid.

preferred

share plus

per

5-7

6-10
6- 1
7- 1
6-10
6-10

2c

Corp.

4Va %

Mfg.

convertible

Whitin

30c

Cotton

WabaSso

Cdrp.—

Forging

Quarterly
Traux-Traer

6-15

5-21

,

Ltd.,

Shoe

called

5-21

1

pfd. (quar.)

Corp.

Watte Amulet

5-21

35c

■___

—

,

Williams

&

1

1

6-

$50c

Co.

preferred

6%

Transcontinental Gas Pipe Line Corp.—
Transue

66-

65c

Ltd.,

5Vz'ft)

5-15

2c
75c

,

Co

Pump

5

S1.37V2

5%
preferred
(quar.)_—
Virginia Electric & Power Co., com. (quar.)
$4.04 preferred
(quar.)
$4.20 preferred
fquar.)_
$5
preferred (quar.)__,
Virginian Railway Co., common (quar.)
.

5-14
5-14

6- 1
6-1
6- 1

$1.06V4
$1.14

(quar.).—.
(quar.)—

—

Virginia Coal & Iron Co. (quar.)
Virginia Dare, Ltd., common

6- 1
9- 1
12-1
6-1
5-28

6-10
9-10
12-10
6- 8
6-18

6-

Instrument

Whirlpool Corp., common (quar.)
S'/a% convertible preferred
(quar.)

5-14

1

1%

Co.,

Chemical

Viking

2

1

7-

(quar.)

Mfg.

6-

6-11
6-

(quar.)_

<quar.)——

Vipco Corp., 5%

Co.—

preferred
preferred

>4.56%

*1

Vick

5-10

\

50c
50c
50c
$1
7 Vic

-_

Todd

Toledo

6-23

————

Tilo

*

5-31

$1
50c
25c
31 Vic
31V4c
t40c

W*eyenberg

(quar.)

Syndicate,

Ltd.

Viceroy

Co.—

Oil

Associated

Water

Stock

Stores

Venezuela

Viau,

5-17
6- 1
6- 1
5- 4
6-11
6-11
6-11
6-15
5-10

5%

———

(quar.)

5-14

50c

5-31

25c
t$1.12'/2
50c
30c
27V2C

(extrat

1

50c

112Vic

(George)

B

6-

Stock dividend

5-27
6-10

12Vic

(quar.)-

Thompson Products, Inc., coin,
4%

—

Co.

Electrical

Weston

$1.06 V*

20C

Norman

Weston

22%C

:r_,—————

Van Raalte Co.

Class

8

5-14

6-

1

(quar.)
(quar.)

When

Payable of Re*.

Ltd.—

Co.,

Paper

5-20

1

6-30
6-

Vanadium-Alloys Steel Co

Textron, Inc.
$1.25

& Light Co.

Power

Name of Company

25c

27V2c

Inc.

Co.,

6-

$1.12 y2

(quar.)—
4Vi% pfd. (quar.)_

Winding Co. 90c pfd.

Quarterly

5-11

25c
25c

.

(quar.)____——-

common

preferred

Pennsylvania—

Utah-Wyoming Consol Oil (s-a)
—.—
Valley Mould & Iron Corp., com. (quar.) —
$5.50
prior preferred
(quar.)
Van de Kamp's Holland Dutch Bakers, Inc.

5-14

6-15

25c

(quar,)

Pacific Coal & Oil Co.

Co.,

Products

Universal
Universal

Texas Illinois Natural Gas Pipeline Co.—
Texas

Pictures

Co.

Insurance

Payable of Rec.

Westminster

A quar.)
Inc. (quar.)

Universal

5-12
5-12
6- 1
6-15
5-14
5-25

25c

(quar.)_—

_

7- 1
6- 5
6-15

preferred
Utilities,

United

of

Co.

Telephone

4V2%

5-12

35c
$1

(quar.t_

5.50% 1st preferred (quar.fi.
Texas Gas Transmission Corp.,

1
1
1
1
6-15

6666-

25c
$1.12'/a
$1.1834
$1.37'/a
25c
$1.35

J,—

(quar.)

4V2% preferred
4.75%

United

Transmission Corp.—

Texas Eastern

When

Holder*

Per

Share

Holdert

Per
Share

Name of Company

Payable of Rec.

Share

of Company

Holdert

When

Per
Name

^

1954

(2416)

SOCIETY

The
?

corrected

payment

yolume 179

Number 5329... The Commercial and
Financial Chronicle

(2417)

[,_L
|

*,

the

General Corporation and
Investment News

,

United
Total

this

of

Fund's

investment

group amounted to $140,gain of more than $40,000,000

400,000 at May 15,
*ince
«it

the

the

Cameron

of

the

K.

-value

of

the

jpoint

of

the

United

1954, representing a
meeting in 1953 and up

annual

start

current

Reed,

stock

Income

market

Continental

p.1523.

of

the

Fund

reported

'

corporation,

■'■

■■

the

net

advanced 25%
since
United Accumulative is

fall;
and United

:~y~

said

has

last

31%,

up

$112,611,549

Science

■

V:

•

the
up

income

for

reduction

a

both

in

periods

rates

low

net

$1,653,971

20%;
179,

■y-y} '■

quarter

assets

Jan.

on

share

per

and

31,

$11.30

was

$9.70

April

on

1954,

were

1954, and $996,871

as

a

30,

compared

a

year

the
second
time in
less
than
six
months,
this
corporation
produced the world's largest
magnetic separator tank.
Last Fall, U. S. Hoffman's
Filtration Division constructed
an
18,000^allon clarifier tank for • the Ford
Motor Co.'s
Canton, Ohio plant.
Now, the Syracuse Division Is
building two other clarifiers for the
.Mesta
Machine
Co., Pittsburgh,
Pa.,
of
even
greater
size.
Both
units are identical:
Forty-four feet in length, i4'/2 feet
high and 10
Feet wide, with free board
capacities of 19,300 gallons.
Together with Mesta-steel
plate rolling
machinery, one of the
clarifier tanks will
be
installed at
Alleghany Ludlum Steel Corp.,
.Homestead, Pa. The giant unit will
clarify roll oil used to cool and
lubricate the Mesta
machinery rolling units.
Its
twin
Is
currently
under construction.—V.
178, p. 1672 and 1822.

The

lias

corporation on May 17
covering 30.000 shares of
per share in blocks of

SEC
at

179,

hew

industrial

flooring

is

ana

at

end

of

the

830.

p.

underwriting. The preeeeds
working capital.

material,

that

Hrothers

Inc..

United
The

etc.—V.

to

The

i.

19

shares

100.000

share

Ky.—V.

May

of

on

net

179,

filed

letter

a

common

proceeds

minerals, and oil

and

be

to

See

Decca

Records,

Inc.

be

with

from
ry.

offered

at

($2

par

Petroleum

Co.

share
The

1954

income—r.„

.provision

income

for

1953

of

$4,841,023

1,342,716

income

oil

stock.

♦Net

282,814

income

♦There

"taxes

share—

per

was

ties,

181,661

income.

on

surplus of
Full

U.

S.

-credits,

Under

who

a

if

net

oil

normal

distributed

income

in

U.

for

S.

Venezuelan
tax

the

and

of

of

purposes

Federal

tax

subsidiary

surtax,

form

$0.17

less

U.

laws,

S.

be

Venezuelan

dividends.—V.

Federal

subject

F.

The

syndicate
to

which

market

brought the

May
the bonds distributed.—V.
on

17

179,

issue

new

of

terminated

was

179,

income

the

and

on

$25,000,000

Virginia Iron, Coal

■&. Coke

Three Months Ended March
Total income

May

26

with

not

the

all

Total

^Estimated provision

Estimated
The
Wells

income

net

profit

company
Is
in Montague

$15,734

Virginia,

with

current

Clinchfield

quarter.—V.

operating

and

Coal

179,

Corp.,

be

may

operating

expenses

561,144

1,196,647

Walgreen Co.
Six

Months
and

(&

Ended

other

4,497,683

1*787,002

935,965

3,434,211

1954

1953

lUilrtCll—— $92,555,026 $93,555,655

before income taxes
Federal and State income taxes

1,360,000

$1,192,265

—

2,668,082

1,240,000

1,033,988

26,
to

1954,
be

filed

for

general

purposes

From

to

its

general

provide

to pay $1,395,000

expenditures

are

for

funds,

part

the

the

of

funds
as

the

of

the

expects,

construction

of long-term debt due
estimated

by Dec. 1,
$8,400,000 for 1954,

at

COMPARATIVE

STATEMENT

company

management

company

current

OF

and

$267,500,

as

is

and

Construction

for

1953

28,122,650

$4,975,450

in

lumber,

For

shown

of

the

the

overriding

has

one

of

Federal

is,

the

for

and

will

1,182,828

-

com.

shs.; for

stock

$2,823,431
564,118

$2,770,269

-

$2,259,313

outstanding:

1953, 847,331 shs.

i

$2.91

.

$2.67

♦Included in Interest and other deductions for the
12 months ended
March 31, 1954 is a special
charge of $249,200 to cover a portion1 of




paid

59,720

$225,194-

$0.45

$0.80

$0.25

$0.25

assets).

share

per

Basin

covering

J.

—V.

at

Oil

Ventures,

May

on

2.500,000

two

The

cents

net

filed

20

Inc., Oklahoma City,
Exchange Commission.

shares

proceeds

of

share,

per

to

are

letter

a

notification

of

common

stock

through

Teliity

be

used

to

(par

tho.

to

b*>

Jersey City,
exploration costs.

for

pay

with

cent)

one

Co.,

&

175, p. 2182.

;

Wisconsin Central
Gross

1954

from

Net

the

of

Ry.—Earnings-

March—

so

from
ry.

1953

$2,493,642

railway

$2,233,666
868,644

railway

568,165

income—

1952

1951

$2,572,975

453,2*23

396,413

222,471

415,381

92,945

56,259

6,686,075

7,975,778

7,654,584

6,870,595

—

942,000

1 880,142

1,354,722

758,479-

income—

79,478

7j2,551

332,518

♦271,309

oper.

from

Net

ry.

railway
railway

from

Net

oper.

♦Deficit.—V.

common

used

to

$2,000

to

and

remaining

purchase

royalties

in

or

the

179,

179,

1874.

p.

$20,000

acquisition

subsidiary

Advertising
May

13,

of

and

by

Manager

Publicity
O.

for

office

to

promotion
of

effect
and

Westinghouse

executive

offices

of

Gross

Air

coordination

Brake.

Mr.

Westinghouse

Air

of

and

used

of

Le-

Earnings

of

ad-

all

the

Serkowich

Brake

Co.

—V.

of

stock

common

$80,577"

22,443*

$55,026

$58,134

SO.33

.

share

per

v

22,898

-

$0.40*

(145,923

outstanding

—-

178, p. 1823.

'

has applied to
$10

offering
shares

1:00

is

to

held

to

subscription

stock;

p.

be

of

Wisconsin

Southern

the SEC for authorization

common

until

sons

formerly

pursuant

par

-

,

Southern Gas Co., Inc.—Plans Financmg^-

company,

holders

"

r»

Wisconsin

and

June

m.

made

record

rights

the
the

June

to

to

basis

1,

Gas

issue

12,618

Commission

1954,

8,

on

on

share.

the

of

1953

of

1954,

one

tne

Appliance

and

Corp.,

to

stock¬

sell

additional

has

request

:V....%>'

&

given

hearing

a

share

new

its

shares

of

interested

theron.

for

each

its

per¬

The
fhr©

subscription price to be $11.
•' ;> •*'■.

'

and simplify the process of merging its subsidiary,
Southern Gas Co., into this
company.—V. 175, p. 2698.

company

Wisconsin

$59,951,142 $60,996,796
1,283,942

exclusive

sold
tear

(depletion)
of

taxes

Worthington Corp.—To Move Power Pump Operation

1,339,369

This corporation is moving its entire
now
handled at the Harrison, N.
to an

announcement

J.,

works,

May

on

24

power

to

by

its

pump opera¬

Oil

City,

Edwin J.

Pa.,

Schwan-

hausser, Executive Vice-President.
39,729,630

and

Involved In the transfer

are

parts replacement programs.

plants, equip¬

Reciprocating
4,042.561

2,180,803

income

on

reciprocating

tion

plant, according

of

Harrison

steam

works.—V.

the engineering,

The

move

will

pumps

manufacturing, sales and

will be completed about June 16-

continue

to

be

manufactured

at.

179, p. 2188.

2,418,057

6,600,000

net inc. of

$77,994

-

Net proceeds will be used to retire
through purchase or redemption,
trust bonds of the
company. Such sale of new stock and re¬
demption of bonds is expected to improve the debt-capital stock ratio-

Subs.)—Earnings—

income

on

416,236

—

parent

3,853,671
Federal

$496,863

collateral

(&

39,960,784
and

1953

.

$524,184

Brake

per

1954

expenses,

and

1954

*

446,190

income

Net income

Boshell, Chairman

relations

Co.—Earnings—

31—

yj.'-----2—1-2-1—

pf

-"/v."(A-.,

1313.

p.

the

public

March

Interest, etc., deductions

Air

the

Ended

revenues

Operating expenses and taxes

States

2293.

Westinghouse

Edward

Months

Operating

proceeds,

United
p.

Wisconsin Hydro Electric
Three

shares)

Serkowith, Advertising

—_

wear

7,200,000

partially-owned subs.

Wynn Pharmacal Corp., Philadelphia, Pa.—Files—

192.903

$8,639,826

$3,753,014

$1.39

$1.41

share

be

corporation

covering

and

10 000

offered

class

1376.

B

in

on

May

of

units

common

8V

of

stock

to be used

are

17

100,000 shares

shares

filed

of

a

class

letter

B

share

one

$30

at

for

of

per

of

common

non-cumulutive

notification
stock

(par

preferred stock

with

10

(par

the

cents)

$20), to

preferred stock and 10 shares of
without underwriting.
The

unit,

working capital.

Co.—Earnings Higher—
Yale

Higher sales and
quarter of

net

earnings

were

1954.

reported by this company for the

-

F.

for

service

the

sales

$36,253 667
Chat the
Autocar

Black,

President,

first
was

quarter

of

$40,594,230,

reported

in

the

announced

1954,
an

that

including

increase

of

total

dollar

of

sales

accessories

about

12'%

over

Profit

the

1953

1954

$23,075,437

proyisicn for taxes

on
taxes on income——

$25,052,716

887,638

1,397,317

444,395

1,296,795.

$443,143

$700,522

$0.71

$1.11

income——

the
Net

1953.

before

and

corresponding quarter of 1953. He stated

acquired in August,

Towne Manufacturing Co.- -Earnings—

—

Provision for

parts,

gain resulted primarily from sales derived irom

Division,

volume

&

Three Months Ended March 31—

Net

(

Robert

t

$2,446,248

*

From Jan. 1—

Gross

proceeds

sales
—

N,

of

$61,235,084 $62,336,165

than

p.

$174,464-

67,442

$125,754

capital

share

per

corporation

offered

com¬

been

be

shares,

officers,

The

roads

per

10,000-

$58,312

8,503

545,355

preferred stock.

SEC

including

had

Anticline

$125,000

from

income

179,

184,464

10.000

—

178, p. 1711.

The

at

period

outstanding

preferred

below

for

taxes

Earnings

(est.)

Okla.—Files With Securities and

SEC

Net

$2,039,595

68,312

properties

a

$128,224,

Nesson

income

1953

$2,766,616

»

special credit
(gain on sale of

Wiliiston

cap¬

exception,

of

1954

taxes

income

Earnings

royal¬

interests,

over

Co.—Quarterly Earnings—

City,

company's

With

then

expenses.

available

a

on

sales

sold

timber

p.nd

$0.80

conver¬

•

Ended March 31—

on

credit

pulp, plywood and other forest

$4,006,259

$3,315,624

950,823

in

income

other

full

$6.88$0.87

before

Dividends

the company .consist

properties

,

items

first

income

1954,

law

formerly

Miles

securities of

cost

loan

a

(net)

goods

ment

p;u.

1,353,354

$;.4l

period
dividends—

>-

taxes

Special

Glendive,

and

and

the

of

by

such

offering,

leases

H.

created

the

White Motor

of

of

$3,997,756

28,377

share

Montana

Mont.,

corporate purposes.—V.

Joe

sub.-idiaries

income

Taxes

178,610

1,355,924

of

shares

\

$1,178,843

178,040

&
Net

Dion

consideration

$32,120,406

1,688,203

per

of

Rice

This

located

of

end

a:suming

preferred

2188.

$1,908,755

period—

$1.28

the

at

share

the
p.

of

$11.00

share after

before income

The

1954

income

Balance

be

other

of

r.ewly

and

provision

49,117

.

to

price of $4.75

a

Irving J.

associates

outstanding

other

will

announced

Minority int. in

85,003,827

Earns,

in

and

of

repay

interests,

programs,

of

Cost

$1,227,960

49,101

share

com.

per

of

Income

Glendive

Three Months Ended March 31—

—V.

on

of

other

program

1954.

will

30,919,341

Dividends

50%

Weyerhaeuser Timber Co.

Other

2.616,114

$1,957,856

stock.

income

—V.

company

oil

of

present

to

Pittsburgh, Pa.—V. 179,

Sales of

1954
1953
$43,773,985 $38,276,940
39,678,346
34,432,86»>

costs

2.137,783

common

com.

May

on

value,

par

under
H.

interests.

the

portion

1,250

Director

a

vertsiing

Cost

deter¬

may

among

$35,894,791

tNet

the

and

EARNINGS

12 Months Ended March 31—

Other

1954,

Henry

aggregate

an

A

loan,.. $500

and

was

be

other

and

income

on

outstanding

Three Months

President.

Total

registration statement with the SEC on
May
$5,000,000 of refunding mortgage
bonds, due 1979,
public sale at competitive
bidding June 22.
Net

covering

offered

things,

of

mineral

company,

will

In

tax

stock, Mr. Black

common

—

admin,

preferred

Gross

share..

per

shares

directly

have

the

appointment

a

proceeds will be added to the
he used for such corporate
mine.

at

will

products

Washington Gas Light Co.—Registers With SEC—
company

$1

by

Glendive,

working

shareholders

$1,308,082

1,033,988

/

2,432,265

179, p. 2188.

The

at

Canada

This

tho

anil

strong financial condition. As of March
$58,267,120 in excess of current liabilities.

outstanding at the end

per

179,

Net

retire

Company,

2,753,864

31—

Profit

—V.

3,

from

of

60c

SEC

Subs.)—Earnings—

March

income—

Net income
Dividends paid

April

which

discovery

organization

pay

and

income

a

were

income

sales,

Profit

Westinghouse Air Brake Co.—Director of Advertising

in

Sales

be

Hanrahan

Issued

the

they

bank

a

The

out¬

on

increase

company."

and

divisions
364,475

to

gas." All of the equity

or

by

proceeds

additional

com¬

1954—Month—1953
1954—4 Mos.—1953
$8,906,861 $10,160,578 $36,585,579
$39,131,697
7,219,792
7,365,464
28,660,819
28,439,322

Net
ry.
oper.
income
r
after Fed. inc. taxes•Net
inc.
after
capital
fund and sink.'funds
V. 179, p. 2293.

•

the

estimated
■

721.

p.

in

$13,809.

to

the

stock,

headed

group

Jr.,

carried

$14,600

Co.—April Earnings Decline—

revenues

common

Interests acquired

Tourneau-Westlnghouse Co.,
RR.

Period End. Apr. 30—
-

6,500

presently participating in the drilling of two oil
County, Texas. The two gas wells being drilled In

County,
during the

Wabash
Hy.
Hy.

160,124

taxes

to

and

^Dickenson

mitted

for

$181,224

7,000

expenses

sion

—V.

Basin.

of

repay

1953

$165,249

;

—

of

prior

the

redeem

Co.—Earnings—

The

Corp.—Earnings Show Gain—

other

per

shares

Federal

with

interests, mineral interests,

1951-1953,

company,

stock

1954

—

,858,343

After giving effect to this
financing and the receipt by the share¬
holders of the company and their associates
of $125,000, representing
the redemptiton price of the
outstanding shares of preferred stock of

3V#%

142,515

—

statement

of

on

j.

gas

originally

years,

Williston

of

shares

Earnings
Earnings

Mont.—Reg¬

"speculative securities" *at

T.

and

acquired

rentals

Of
.

shares

DeBarbrie,

properties

"were

acquired

721.

p.

share

per

that the present cash dividend ratemaintained.

be

—

Com.

,117,287

properties

leasehold

delay

tax/

and

Earnings

.465.320

1,486,797

organized

oil

three

2293.

p.

4.074.311

as

gas

Texas,

to

Virginia Electric & Power
Co.—Group Dissolves—
bonds

16.462,709

registration

gas

previously

earnings and

would

the

on

shares

common

$1.26

earlier.

,

sales

Pfd.

825,207

2,683,488

underwriting

an

payments

of

pany

$699,911

$0.26

present

ly-owned

Federal

$1,059,902

1

taxable

no

450.283

20,139,708
6,713,660

100,000

present, producing oil
Income

647,200

15,222,572

The

and

none

with

.

and

Charles

881,572

taxes—

assets

Earnings available for

1,479,250

company was

oil

to believe

could not

Net

lr,51

2.983,092

through

Midland,

ital

$7,118,584

taxes

Venezuelan

475,929

underwriting commission is

acquire

Mont.,

Subs.)—Earnings—

current

Provisions for taxes

,779,415

income

covering

per

2293.

815,560

179, p. 2188,

Manufacturing,

W-:'- iW

;

.

company filed a

1954,

"to

the

on

for dividends

reason

stock

Whirlpool
Net

,737,456

1,124.481

Mont.,* and associates, in exchange for

(&

Three Months Ended Mar. 31—
Gross operating

.^Profit before

$4,110,644

1,658.650

179, p. 22S3.

Co.

Inc.—Exchange Offer—

no

Wilcox Oil

of

Venezuelan

$5,104,847

851,326
'

be offered for public sale

to pay
expenses incident
of uranium
mining properties

p.

1952

railway..

oper.

This

used

179,

1953

income

from- railway—-

Net

24,

share

per

3 Months Ended March 31—

and

Exchange Commission—

SEC

the

loans

$4,011,161

railway
railway

oper.

Net
—V.

to

1953

the

offered
without

1954

/.

from

from
ry.

Gross

was

common

1954,

—V.

with

be

to

bank

repay

there

the

on

amounted

corresponding

RR.—Earnings—
'

From Jan. 1—

gas.

above.—V.

to

$1.35

Discussing the outlook

previous

each,

the

earnings
——.a———
Preferred stock dividends declared and paid—

April—

The

Universal Pictures Co.,

used

Western Plains Oil & Gas
Co., Glendive,
isters With Securities and

notification

stock

to

are

of

be

to

The company continues in

notification

50

quarter of 1954
for

was due principally to certain
nonrecurring
benefits resulting from the Autocar
transaction.

X

(par $1)
shares

than

the first

$982,436

170, p. 2135.

Western Pacific

heavy

2082.

p.

exploration, development and operation

«nd other

equivalent

for

with

earnings

V

States Uranium Co.,
Denver, Colo.—Files—

company

covering
per

Louisville,

to

are

of

stock

less

compared

providing for preferred stock dividend requirements, this

year

Among the principal products of the corporation are aluminum and
stainless steel moldings, aluminum
ladders, sink frames, clothes dryers,

Net

take

can

letter

a

common

not

as

After

standing March 31, 1954. This compared
779,633 common shares
outstanding a

Net asset value

ago,

the

for

Net

unaffected by
chemicals, oil and grease, was shown at
Hasic Materials Exposition held
in Chicago,
111., irom May 17 to 20.
Called Gam-En-Wood,
the
new
flooring is Enrup—a rubber-based
plastic made by the company's mechanical
goods division of United
•States Rubber Co. bonded to solid
or
laminated
hardwoods.
It
is
being manufactured in either
strip or block form by the Gamble

filed

$10

Gross

United States Rubber Co.—New
Development—
rugged

is

(R. D.) Werner Co., Inc., Greenville, Pa.—Files—

For

"Wear

The company's net income
quarter.

against

as

$40,594,230,

Division, acquired in August, 1953.

said

to $10.16

ago.—V.

year

$1,908,435

Black, President, announced that the total volume of sales
quarter of 1954, including parts, accessories and service

first

was

$1,213,367

31,

Machinery Corp.—Builds Tanks—

the

an increase of about
12%
over the
$36,258,667
reported in the corresponding quarter of 1953. He stated that
the gain
resulted
primarily from sales derived from the company's Autocar

has

charged

.

U. S. Hoffman

A

Robert F.
for

sales

Total

asset

30%.—V.

up

and
duplicate interest equivalent to the
resulting from the refunding of long term

WTashingtoii Mutual Investors Fund—Assets Rise-

year.

President

United

from

premium

reduction

been restated to give effect to'
by
the
company's
natural
gas
supplier for the period from March
7, 1952 to Feb. 28, 1954. and (2)
certain other adjustments
applicable to the respective periods.
The
company may be required to reimburse its
customers for some portion
of the
aforementioned reduction in cost of
gas purchased, in which
event the
earnings reported herein would be reduced.—V.
179, p. 442.

Funds, Inc.—Total Assets Increase—

assets

tax

1953.

tNet

(1)

(Continued from page 14)

;

redemption

estimated
debt in

57

income

•

-

♦Earnings per ihnre-L.—*———

company's

♦Be'-ed
p.

2082.

on

628,586

shares

outstanding

at

March

31,

1954.—V. .1-79,

5

and Financial

The Commercial

DEPARTMENT

STATE AND CITY

AND NEGOTIATIONS

BOND PROPOSALS

chase

ALABAMA

Anniston),

(P. O.

Calhoun County
Bond Offering

—

1,

1984.

Callable

Dan W. Gray,

No.

1

No.

District

to

District

School

2

Carpenteria Union High

1955

bonds. Due serially from

ng

1977 inclusive.

to

separ¬

approved as to
legality by White, Bradley, Arant,
All & Rose, of Birmingham.
ately and will be

Cone jo

Alabama

Offering

Warrant

Wiley

J.

—

Honea, County Superintendent of
Education, will receive sealed bids
the

ARIZONA

Sale —The

Bond

offered

composed of Refsnes, Ely, Beck &

bonds

Co., Valley National Bank, both
of Phoenix, and Boettcher & Co.,
of Denver, as follows:

awarded

Nci.

School .District

bonds at

1

price of 100.01, a
-cost
of
about

a

interest

net

2.03%,
as "follows:
$28,000
1 %s, due on June 1 from 1955
to 1958 inclusive; $28,000 2s,
due

1959

from

1

June

on

1962

to

and $14,000
June 1, 1963 and

inclusive;

2%s, due on
1964.

i:

832,000 High School District No.
1 bonds at a price of 100.003,
a
net interest cost of about

2.04%, as follows:
$332,000
1 %s, due on June 1 from 1955
to 1958 inclusive; $332,000 2s,
due

June

on

from

1

to

1959

1962

inclusive; and $168,000
l%s, due on June 1, 1963 and

V

1964.

*

High School District No.

80,000

bonds at

1

of

cost

about

as

l%s, due
due

":v

price of 100.009,

follows:
$32,000
June 1 from 1955
1958 inclusive; $32,000 2s,

2.03%,
to

a

interest

net

a

on

June

on

from

1

1959

to

District

Water

$1,750,000

May

on

follows:

as

on

1969

comprising $620,000 Dis¬
1 and $330,000 District
2, to a group headed by the

bonds,
trict
No.

&

(PDST) on June
1
for
the
purchase of $135,000
building bondk Dated May 15,
1954. Due on May 15 from 1955
to
1964 inclusive. Principal and

headed

of

Bank

bids until 11 a.m.

Security-

the

by

National

An¬

Los

Below we show the terms
on
which
the respective
issues
were sold and the members of the
geles.

$620,000 District No. 1 bonds at
100.05, a net interest cost of
about 3.10%, as follows: $170,-

June 1 from
1955 to 1962 inclusive; $370,000 3V4S, due on June 1 from
1963
to
1980 inclusive; and
due

5s,

on

$80,000 2s, due on June 1 from
1981

inclusive.

1984

to

000

5s,

1955

due

No.

1963

to

June

on

from

1

inclusive; $1-30,-

3V4S, due on June 1 from
1964 to
1979 inclusive;
and

inclusive; and $16,000
2V4S, due on June 1, 1963 and

000

1964.

$50,000 2s, due on June 1 from
1980 to 1984 inclusive.

679.96

Frontier Village
District (P. O.
Tucson), Ariz.
Sale—An issue of $301,improvement bonds was

sold

the Ranson-Davidson

County,

Improvement
Bond

of

to

Wichita,

as

33/4s.

Co.,

Dated March

serially from 1955
Principal and
interest
(J-J)
payable at the
County Treasurer's office. Legal¬
1,

1954.

to

1964

Due

inclusive.

ity approved by Gust, Rosenfeld,
Divelbess & Robinette, of Phoenix.

1955

inclusive;

1957

to

3s,

$270,000

Areata School District,
Bond

be received
on

June

Humboldt

County, Calif.
Offering—Sealed bids will
until

14

for

2

(PDST)
purchase of

p.m.

the

$22,000 building bonds.
Dated
15, 1954. Due serially from

June

1956 to 1960 inclusive.

3

No.

due

from 1958 to 1984

500,000 District

100.01,

a

1

June

inclusive.

at
of
follows: $45,June 1 from

No.

about

3.04%,
4s, due

000

on

and

4

bonds

net interest cost

1955 to 1957

as

on

inclusive; $30,000

1

Martinez,
Sale—The

Bond

sew¬

disposal system bonds offered
— v.
179, p. 2189 — were
awarded to the Bank of America
National Trust & Savings Asso¬
May 19

of

Francisco,

San

at

a

price of 100.06.
Unified

Grove

Pacific

Sch.

Dist.,

Monterey County, Calif.
Bonds Not Sold—Because of
in the maturity schedule

error

District

1

1960

1954.

bonds

dated

June

1,

Principal and interest (J-D)

payable at the District Treasurer's
office, or at the Security-First
National Bank of Los Angeles, in
Melrose

or

Los

District, Merced County,
Sale—The

Bond

California

School
Calif.

build¬

$62,000

ing bonds offered May 25—v. 179,
p.
2189—were awarded to Dean

Wither & Co., of San Francisco, as

—

Charles

Johnson, State Treasurer, will
ceive

sealed

(PDST)

on

bids

until

11

June 16 for the

COLORADO

Sale

Bond

provement

—

The

Colo.

$125,000

District No. 52 bonds
19—v. 179, p. 1975—

awarded to Boettcher & Co.,

of Denver,

at

a

price of par.




Offering

sealed

$500,000
as

until

bids

for

15

June

on

Clerk,

City

10
the

—

Leon

will

E

receive

a.m.
(EST
purchase o!

utilities tax

(DST)

Offering

sealed
on

—

E.

bids

until

4

p.m.

June 2 for the purchase

Starkweath¬

both of New York,
Julius A. Rippel, Inc., of Newark,
Allison-Williams Co.. of Minneap¬
&

er

Co.,

& Co.. of Jack¬
McDonald-Moore 8c Co., of

$350,000
150,000

series A
series B

certificates

1953

certificates.
certificates.
are

dated

^

ILLINOIS

mature

and

on

June

to

Illinois

1

1983

$2,065,000 build¬

ing bonds offered

May 24—v. 179,

2190—were awarded to a group
composed of the Harris Trust &
Savings Bank, First National
p.

Bank, both of Chicago: Mercantile
Trust Co., St. Louis; Illinois Com¬

McMaster, Hutchinson &
both of Chicago; Newhard,
& Co., St. Louis, and Hurd,

pany;

Co.,
Cook

Clegg & Co., of

Rpdington Beach, Fla.
Bond Offering — Ralph H. Ho-

the purchase of $375,-

Dated June 1,
1954.
Due on June 1 from 1956
to 1983 inclusive.
Bonds due in
sewer

and

bonds.

thereafter

are

Community Unit

(P.O. Champaign),

Bond Sale—The

Dec

City.

1960

Co., of Cleveland.

&

Sch. Dist No. 4

inclusive. The
certificates due in 1959 and there¬
after are callable asvof June 1

000

Detroit, R. A. Underwood & Co.,
of Dallas, and Ginther, Johnston

Champaign Coun'y

June 15 for

Franklin

Curtis, both
&

ham, Talmage & Co.,

certificates,

follows:

necker, Town Clerk, will receive
sealed bids until 8 pan. (EST) on

CONNECTICUT

Bond

&

of Cleve¬
Gregory
both of New York, Stroud
& Co., of Philadelphia, Andrews
& Wells, Inc., A. M. Kinder &
Co., Rand & Co., all of New York;
Stern Bros. & Co., of Kansas City,
Thornton,
Mohr
&
Farish, of
Montgomery, Rodman & Renshaw,
of Chicago, Sterne, Agee & Leach,
of Birmingham, Fiteld, Richards &
Co., of Cleveland, Leedy, Wheeler
8c Alleman, Of Orlando, Townsend,
Dabney & Tyson, of Boston, Bar¬
tow Leeds & Co., Shelby Cullom
Davis & Co., both of New York*
Hendrix & Mayes, of Birming¬
ham, R. H. Johnson & Co., of
New York, Juran
& Moody, of
St. Paul, Lyons & Shafto, of Bos¬
ton, Park, Ryan, Inc.,
of New
York, Pohl & Co., of Cincinnati,
Raffensperger, Hughes & Co., of
Indianapolis, Seasongood & May¬
er, of Cincinnati, Herbert J. Sims
&
Co.,
of New York, Stubbs,
Smith & Lombardo, of Birming¬

son,

Nationa'
Legality
Im¬ approved by Caldwell, Marshall
Trimble & Mitchell, pf New York

offered May
were

Jackson

York, Stockton Broome

olis, Harrington
City, Fla.

payable at the Chhse
Bank, New York City.

ceive

the

FLORIDA
Panama

Principal and interest (J-D

Due on May 10 from

I960 to 1974 inclusive.

Murphy, City Treasurer, will re¬

of

basis of about 2.59%.

1955

Derby, Conn.

purchase

a

from

47,000 3j/4S.

Angeles. Legality

($620,000 District

100.30,

at

1959 inclusive.

to

sociation

the

2%s,

1958.

1955

ica National Trust & Savings As¬
in

as

1,

re¬

$950,000 bonds

City,

Due on May 10 from

$15,000 4s.

Associates of the Bank of Amer¬

pur¬

Sale—The $120,000 schoo"

Bond

building bonds offered May 26v.
179, p. 2190—were awarded tc
Francis I. du Pont & Co., New

The

G.

a.m.

(P. O. Stanton),

Delaware

follows:

of Los Angeles.

(State of)

Offering

County, Stanton School

District No. 38

>

approved by O'Melveny & Myers,
Bond

New Castle

Mathis,

Grand Junction,
are

Castle, and Reed, Hoyt, Taylor &
Washburn, of New York City.

the

Elementary

Union

Weaver

•

by Wil¬
of New

Legality approved
S.
Satterthwaite,

ton.

Certificate

2189.

p.

June' 1,

dated

are

payable at the Farmers Bank of
the State of Delaware, Wilming¬

submitted for the $247,000 school bonds offered May 27.

inclusive.
The

bonds

Principal and interest (J-D)

1954.

of the bids

1984

to

elusive.
The

obliged to reject all

was

179,

Cranston Heights Sani¬
District bonds. Due 01
1 from 1955 to 1984 in

elusive.

York
an

on

from

Calif.
$375,000

of the group:
Hutzler, Paine,

&

Bros.

& Son,

20,500
Suburban
Communitie
improvement bonds. Due 01
June 1 from 1955 to 1974 in

liam

age

June 1, 1958 and
1959; and $425,000 3s, due on

4V4S, due
June

CALIFORNIA

Francisco.

—v.

bonds at
100.02, a net interest cost of
about 3.02%, as follows: $30,000 5s, due on June 1 from

300,000 District

(M-N)

ciation,

2 bonds at
100.21, a net interest cost of
about 3.07%, as follows: $120,-

330,000 District

payable at the
County Treasurer's office. Legal¬
ity approved by Orrick, Dahlquist,
Herrington & Sutcliffe, of San
interest

mccessful groups:

000

tary
June

sealed

County Clerk, will receive

First

1970.

and

land, G. H. Walker & Co.,

1984 inclusive.

prising

group

1

1,

Baxter, Williams & Co.,

inclusive.

1991

1955 to

600,000 County airport bonds
Due on June 1 from 1955 t

170,000

cisco,

and $800,000 bonds, com¬
$300,000 District No. 3
and $500,000 District No. 4, to a

July

Hayden, Stone & Co., Kean, Tay¬
lor &
Co., both of New York,

Joaquin County, Calif.
Offering—R. E. Graham,

Savings Association, San Fran¬

on

$1,000,000 County sewer systen
bonds.
Due on June 1 fron

on
June 1 for the
of $1,790,500 bonds, as

purchase

San

Dist.,

on July _
1968 inclusive.

Co., of Atlanta,

(DST)

a.m.

Bond

1962

Pima

Sch.

Unified

Lincoln

Trust

National

of America

Bank

of New

1:

Braun, Bosworth
& Co., Inc., Francis I. du Pont &
Co., First of Michigan Corpora¬
tion, both of New York, Watkins,
Morrow & Co., of Birmingham^

the

payable at
Treasurer's office.

(J-D)

County

No.

1954.

1955 to
Principal and in¬

inclusive.

terest

Webber,

July

inclusive.

Due

2.60^. Due

members

Salomon

Offering—Michael L. Cen-

2V2S.
1965 to

from

1,495,000
1969

on

follows:

June 1

from

15

June

Due

27 were
$950,000

on

Dated June 15,

bonds.

ing

(PDST)

purchase of $85,000 build¬

for the

2,755,000

Le¬

Hoyt,
York

Due

2V4S.

1960 to 1964

from

trella, Clerk of the Levy Court,
will receive sealed bids until 11

Foothill

Municipal

3,150,000

(P. O.

New Castle County

Bond

until

(P. O. La Canada), Calif.

$2,850,000 3s. Due on July 1 from
1955 to 1959 inclusive.

Wilmington), Del.

a.m.

of

Other

Grant, County Clerk, will receive
sealed bids at his office in Visalia,
10

Dover.

gality approved by Reed,
Taylor & Washburn, of New
City.

Liberty School District, Tulare
County, Calif.
Bond
Offering — Claude H.

1.64%.

O. Flagstaff), Ariz.
Bond Sale—The $982,000 school
bonds offered May 17—v. 179, p.
1975 — were awarded to a group
(P.

$70,000

State of Delaware in

$10,250,000

The

—

revenue

price of par, a net interest
about 2.50%, as follows:

a

cost

Farmers Bank of the

at the

able

Francisco.

bonds offered May 25—v. 179,
;.
2294—were awarded to Blyth
k Co., and William R. Staats &
To., both of Los Angeles, jointly,
is 2%s, at 101.01, a basis of about
ng

at

Principal and interest (M-N) pay¬

ing bonds offered May 25—v. 179,
Covina Union School District, Los p.
2189—were awarded to the
Bank of America National Trust
Angeles County, Calif.
Savings Association,
of San
Bond Sale—The $230,000 build- &

County School Districts

Coconini

Healdsburg Sch. Dist., Sonoma
County, Calif.
Bond Sale—The $50,000 build¬

bonds.

building

of

All & Rose,

Arant,
Birmingham.

&

$65,000

July 6 for the purchase of

outlay school warrants. Due se¬
rially from 1960 to 1977 inclusive.
Legality
approved
by
White,
Bradley,

&

Hallowell,

County Clerk, will receive sealed
bids at his office in Ventura until

capital

$275,000

of

purchase

California

June 9 for

tontil 10 a.m. (CST) on

Sch. Dist., Ventura County,

Bond Offering—L. E.

Superintendent 0
Del., until S
p.m.
(DST) on June 8 for the
purchase of $100,000 school build¬
Co., of Los Angeles, and Weeden
ing bonds. Dated May 1, 1954. Due
Co. of San Francisco.
May 1 from 1955 to 1979 incl.
Camden,

Schools,

"

bonds
offered
May 26 — v. 179, p. 2083 — were
awarded to a syndicate headed by
Shields & Co., and C. J. Devine
& Co., both of New York City,
bridge

Simpson,

B.

Blyth &

4) were as follows:

Co., R. H. Moulton & Co., both of
San Francisco, William R. Staats

Sale

Bond

William R

President of the Board o
Education,
will
receive
sealec
bids at the office of Dr. Willian

and

3

No.

No.

cisco.

Payne),

DeKalb County (P. O. Port

trict

Building

Georgia

Brown,

bonds ($300,000 Dis¬
$500,000 District

the $800,000

—

.

O. Atlanta),

(P.

Authority

(P. O. Camden), Del.
Bond Offering

Security-Firs!
National Bank in the purchase of

the
Fran¬

San

Co.,

Trust

American

Consol. Sch,

(Caesar Rodney),

1

No.

Dist.

Associates of the

179,

bonds offered May 24—v.
awarded
to

2189—were

).

will be sold

issues

The

Calif.
build-

County, State

Kent

&

GEORGIA

Georgia State Bridge

Angeles, C. N. White & Co.
of Oakland, and Jones, Cosgrove
& Miller, of Pasadena.

Sale—The $290,000

Legality approved by

City.

DELAWARE

Los

Sch. Dist.,

County,

Barbara

Santa
Bond

of
of
Fred D. Blake & Co., of

Rogers, Barbour, Smith & Co.,
Los Angeles, Redfield & Co.,,
Pasadena,

York

Caldwell, Marshall, Trimble
Mitchell, of New York City.

Derby. Legality approved
by Storey, Thorndike, Palmer &
Dodge, of Boston.

Bank,

all of San Francisco, Gross

k Co.,

bonds. Due

535,000

Principal and-interest (J-D) pay¬
able at the Birmingham National

1, 1959.

(J-D)

interest

1, 1954. Due on June
1955 to
1974 inclusive.

June

from

1

Principal and
payable at the
Union Trust Co., St. Petersburg,
or at the Guaranty Trust Co., New
of June

as

bonds.

improvement

$150,000

Dated

Pierce, Fenner & Beane, Lawson.
Levy & Williams, Kaiser & Co.:
Stone & Youngberg, Hill Richards

iutcliffe, of San Francisco.

serially from 1955
1977 inclusive.

of

Dean

Barth & Co., Merrill Lynch.

Co., J.

1,

after April

Principal and interest
(A-O) payable at the State Treas¬
urer's
office, or at the State
Treasurer's agent in New Yolk
City.
Legality approved by Cr¬
ack,
Dahlquist,
Herrington
&

County Commis¬
sion, will receive sealed bids un¬
til 11 a.m. (EST) on June 7 for
the purchase of $770,000 school
tax anticipation bonds, as follows:

School

April

on

or

on

1959.

i,

Chairman of the

$235,000

Due

1954.

April

Alabama

follows:

as

were

revenue

District No. 2)
Witter &

1 and $330,000

No.

$5,600,000 San Francisco
bonds.
Dated

of

Harbor

■

Chronicle... Monday, May 31, 1954

(2418)

8

callable

Champaign, at a
cost

price of 100.27, a net interest
of about 2.03%, as follows:

$615,000 V/2S. Due on Nov.
1955 to 1961 inclusive.
770,000 2s.
1962 to

Due on Nov.

1 from
1 from

1967 inclusive.

680,000 2V4S. Due on Nov.
1968 to 1972 inclusive.

1 from

Volume 179

Number 5329... The Commercial and Financial Chronicle

Bond Offering — Eva
Schultz,
Secretary of the Board of Educa¬
tion, will receive sealed bids until
8 p.m. (CST) on June 2 for the
purchase of $290,000
bonds, as

follows:

$71,000 school building bonds. Due
Dec.

on

1

from

1955

to

1969

inclusive.

219,000

school

Due

on

1971

bonds.

inclusive.

The

Dec.

bonds

1

from

1955

in

dated

are

June

mutually satis¬
District and the
successful
bidder.
Legality ap¬
proved by Chapman & Cutler, of
Chicago.
f

the

to

Bernard R.

—

City

(CST)

June 7 for the pur¬

on

June

on

inclusive.

1,

1

from

Bonds

1956 to

in

due

callable

are

1974

1960

as

and

of June

1959.

(J-D)

Principal
and
interest
payable at the First Na¬

Murphysboro), III.
Bond Offering — C. N. Hardy,
Secretary of the Board of Educa¬

tion, will receive sealed bids until
8 p.m. (CST) on June 2 for the
purchase of $120,000 building

of Aurora. Legality
by Chapman & Cutler,
Chicago.

of

.

Columbus, Ind.
Bond Offering — Lynn Barkhimer, City Clerk-Treasurer, will
receive

sealed

(CST)
of

bonds. Dated June 1, 1954. Due on
Interest J-J. Legality approved by
Charles
&
Trauernicht, of St.
Louis.

bids

until

noon

179,

Sale

The

—

pal and interest (J-J) payable at
the Clerk-Treasurer's office. Le¬

Coolspring Twp. (P. O. R. R. No. 3,
Box 445, Michigan City), Ind.
Bond

Massac

County Sch. Dist. No.
(P. O. Metropolis), III.

17

Huston,

in

of

care

Hotel

Keith

in

State,

E.

$95,000

bonds.

1954.

Due

1963

inclusive.

Dated

Oct.

on

July

from

1

1955

1,
to

Principal and in¬

terest payable at a banking insti¬
tution mutually satisfactory to the
Board

of

Education

the

and

suc¬

cessful

bidder. Legality approved
Charles & Trauernicht, of St.

by

Offering

Clerk,
until

7

Roy Rathbun,

—

will

receive

sealed

(DST) on June
7 for the purchase of
$1,200,000
sewage disposal plant
bonds.
p.m.

Dated June 1, 1954. Due on Dec. 1
from 1955 to 1972 inclusive. Prin¬

cipal and
at

interest

(J-D)

payable

banking institution mutually
satisfactory to the City and the
a

successful

p.m.
pur¬

fol¬

as

School

bidder.

Legality
ap¬
proved by Chapman & Cutler, of
Chicago.

inclusive.

Due

serially from July 1, 1955

Jan.

1,

1969

bonds

offered

May 26 -were
awarded to Becker & Cownie, of
Des

Moines,

1954

bonds

and

1955

1972

(P.

O. Rochester),

Indiana

Bond

Sale—The $583,000

coun¬

to

a

Creston, Iowa
Bond Offering—Sealed bids will
be

received
June

Trust Co., Braun, Bosworth &
Co., Inc., and R. S. Dickson & Co.,
all of Chicago, as 2V4S, at a price
of 101.33, a basis of about 2.12%.

Greencastle Consolidated School

Ind.

follows:

school

building

Jan.

Due

on

1973

bonds.

from

inclusive.

75,000

school

bonds.

1

to

improvement
Jan.

on

Central

castle,

National

Bank

25/8s, at

as

Additional

Des

'

City

son,

bonds

of

Green¬

The

$63,125

par.

Sale

—

and
on

June

1,

1954.

Interest

proved

J-J.

Chicago.

bids until 8 p.m.
7

for

the

(CDST)

2190

—

2V4S,

as

at

sewerage

1954.

1,

on

June

$155,000

bonds.

revenue

March

of

Due

on

of about

Bond

at

a

bank mutually

satisfactory to

the City and the successful bidder.

Legality approved by Chapman &

Cutler, of Chicago.




102.30,

a

2.04%.

Sale—An issue of

Mount

to

$43,000

bonds

Vernon

was

Bank

&

Co., of Mount Vernon,
a price of 100.36.

as

Commissioner

Redfield School District, Iowa

bonds

& Company, fiscal advisors tc

gan

Kentucky Department oi
Highways.
The public information meeting

held

basis of about 2.48%.
State

mission

(P.

Toll

the

to

O.

Indianapolis),

Bridge Rev¬

bonds

offered
May
27—
2191—were awarded to
group composed of the City Se¬

enue

179,

p.

curities Corp.,

Indianapolis, A. C.
Allyn & Co., Chicago, Indianapolis
Bond
&
Share Corp., and
Raffensperger, Hughes & Co., both of
94,

a

41/2S, at

Bond

as

Sale—The

ment

bonds

1,

1954.

1964

2084—were

p.

&

Co.,

improve¬
May 25—v.

awarded

of

to

Sale—The

Bond

as

Capitol toda\
was
attended
by more than 5(
investment bankers and security
dealers from Kentucky's princi
pal

cities
Ohio.

works

revenue

Allan

Blair

of

Due

June

1,

Manhattan,
June

traffic

conditions

school

building bonds offered May 17—
v.
179, p. 2191—were awarded to
group composed of

Indianapolis
Securi¬
ties Corp., Fletcher Trust Co., and
Raffensperger, Hughes & Co., all

is

and

entirel}
independent of toll turnpike proj¬
ects now under consideration b?
adjacent or other states.
The

Governor

associates

and

of hi;

some

have conducted similai

information

meetings recently
City and Chicago.

New York

Sealed

ii

bids
for
$38,500,00'
Revenue Bonds (serie;
the Commonwealth o:

Turnpike
of

opened
in the

—

The

offering mentioned
179, p. 2295 will consist
$1,200,722.19 bonds as follows:
$920,496.51

general

bonds.

Due

in

10

obligation

fort, Kentucky.
The bonds

the
of

will

paying the cos
turnpike whicJ

of

proposed

extend

issued fo.

to be

are

purpose

the

Louisville

from

t<

Elizabethtown, Kentucky, and i'
is expected that the turnpike ma)
be open to traffic by Jan. 1, 195t

According to Glore, Forgan &
Company, it is understood ther»
are
now
four groups that hav<
formed

These

A.

by

C.

bid

to

accounts

bonds.

in

assessment

20

years.

KENTUCKY

Breckenridge

County (P.
Hardinsburg), Ky.

O.

Sale—The $200,000 school

building revenue bonds offered
May 24 were ,awarded to Magnus
&

Co., of Cincinnati,

$26,000 33/4s. Due
1955

to

31,000 3JAs.
1960

to

76,000 33/4s.
1964
I

to
''

on

as

follows:

May 1 from

groups

Due

Allyn

&

on

Due
1970

May 1 from

on

May 1 from

inclusive.
'
j

Sewerage
bonds

F-A.

District
improvement
May 26—v. 179, p.

offered

2084—were

headed

awarded

to

a

group

by the

Equitable Securi¬
ties Corp., of Nashville, at a price
of par, a net interest cost of about

2.96%,

follows:

as

'

$315,000 2V4S. Due
1955 to

1961

inclusive.

1960

to

June 1 from

on

inclusive.

1965

285,000 2%s. Due
1966 to

June 1 from

on

310,000 2V2S. Due

June 1 from

on

1969 inclusive.

1,420,000 3s. Due
1970 to

&

1984

June 1 from

on

inclusive.

members

curity

Company-C.

Devine

J.

t,

Each account will contain th<
of

the

over
an

firms

fron

who

investment

hav<

country

interest

in

this

financ

ing, and it is expected that im
mediately upon the opening of th«
bids
will

June

on

be

made

8,

announcemem

the

of

group

sub¬

mitting the highest bid. The bond*
will

be

form

on

delivered
or

about

definitivt

in

&

of

Jones,

Sanford,

the

group:

Newman,

Hattier

Brown

New Orleans.
Pointe

Coupee Parish Gravity
Drainage District No. 1 (P.O.
New Roads), La.
Bond

Offering—E.

Secretary

gay,

M.

the

of

Commissioners,

Korne-

Board

until

11

a.m.

from 1955 to 1974 inclusive. Prin¬

cipal

interest

and

at

the

or

at

office

(J-J)

the

of

payable

Police

Jury,
designated by
the
successful
bidder.
Legality
approved by Chapman & Cutler,
of Chicago.
bank

a

Pointe

to

be

Coupee Parish Sub-Road

Dist. No. 1 of Road Dist. No. 1

(P. O. New Roads), La.
Bond

Offering—Hazel L.

Pow¬

of the Parish Police
Jury, will receive sealed bids un¬
til 11 a.m. (CST) on June 7
for/j
ers, Secretary

the

purchase of $200,000 public
improvement bonds. Dated July 1,
1954.

Due

1974

inclusive.

terest

July 1 from 1955 to
Principal and in¬

on

(J-J) payable at the office

of the Police Jury, or at a bank to

be

designated

the

by

purchaser.

Legality approved by Chapman &
Cutler, of Chicago.
Roseland, La.
Bond

LOUISIANA

of

will

receive
(CST)
on
June 7 for the purchase of
$200,000 improvement bonds.
Dated July 1, 1954. Due on July 1
bids

sealed

July 1, 1954.

-

Offering—Sealed bids will

be

received

on

Abbeville, La.
Sale—The $70,000

& L

Lynch, Pierce, FenBeane, all of New Or¬

&

ner

White,

leans, Barrow, Leary & Co., of
Shreveport, Arnold and Crane,
Ducournau & Kees, Howard, Weil,
Labouisse, Friederichs & Co., Glas
& Co., Nusloch, Baudean & Smith,
Schweickhardt & Co., W. D. King¬
ston & Co., all of New Orleans,
Rapides Bank & Trust Co., of
Alexandria, and John Dane, of

Com

& Company, Halse?
Stuart & Co. Inc., and Union Se

June

1

until
for

7

(CST)
of

p.m.

the

purchase

public $60,000 water works extension and
May improvement revenue bonds.
26—v. 179, p. 2296—were awarded
MARYLAND
to Scharff & Jones, of New Or¬
Baltimore County (P. O.
leans, on a bid reflecting a net
bonds

offered

interest cost of about 2.54%.
Acadia Parish,
District No. 5

Towson), Md.

v

Bond Sale
The $22,000,000
Raynebranch School
bonds offered l\Tay 26—v. 179, p.
(P. O. Crowley), La
2191—were awarded to a syndi¬
—

Offering—S.

D.

Pollard,

cate headed by the NationalCity
Parish School Bank
of New York, at a price of
Board, will receive sealed bids
100.02, a net interest cost of about
until 9 a.m. (CST) on June 21 for
2.50%, as follows:
the purchase of $525,000 school
bonds. Dated. July 1, 1954. Due on $7,000,000 public facilities school
bonds: $3,000,000 5s, due on
July 1 from 1955 to 1974 inclu¬
June 1 from 1957 to 1968 in¬
sive. Principal and interest (J-J)
clusive; $1,250,000 2V2S, due
payable
at
the
Parish
School

Secretary

of

the

Board Treasurer's office, or at any
bank

the successful
approved
by
Chapman & Cutler, of Chicago.
specified by
bidder.
Legality

Jefferson

Parish

(P. O.

Gretna),

Louisiana

inclusive.

1963

dated

are

Lake Charles, La.

ar»

inclusive.

1959

bonds

Interest

Bond Sale—The $2,330,000 First

fo

Blyth

pany,

Bond

years.

special
Due

in
of

District No. 2
Aug. 1 from

on

Aug. 1,
Legality ap¬
proved by Chapman & Cutler, of J
Chicago, and McDonald & Buch- :
ler, of New Orleans.

June 8 at 10:00 o'clocl

on

morning at the office of th<

improvement

Kan.

No. 1
from

1

Co., Merrill

ap¬

16

Bond

Bond & Share Corp., City

from

v.

May

(P. O. Paoli), Ind.

a

1

Details

The

1954.

Other

Callable

Legality

1964.

Offering

bonds.

Paoli Consol. School Corporation

$88,000

June

on

inclusive.

Aug.

1974 inclusive.

Kentucky
turnpike project ha.been
designed to relieve loca

Bond

Co., of Chicago,

Sale—The

Trus¬

KANSAS

414 s.

Bond

of

Board

water

bonds offered

&

Dean.

Due

Scharff

shown

M.

District

on

Garbage

bonds.
1955 to

Cincinnati

from

Due

Governor Wetherby emphasizet
that primary consideration of-the

all

ton.

25—v. 179, p. 2191—were awarded

as

O.

and

bonds,

1955 to 1974 inclusive.

200,000

State

proved by Rice & Rice, of Maple-

Chicago.

$39,000

—

the

1974

to

Bond

and

offered

of

a

$135,000 water

refunding

Bank,

tees, will receive sealed bids until
2 p.m. (CST) on May 31 for the
purchase of $135,000 electric light
plant revenue bonds. Dated June

price of
basis of about 4.88%.

revenue

179,

Offering

Secretary

Sale—The $2,500,000 Wa¬

bash River Memorial

Moines National

Woodbine, Iowa

Bridge Com¬

the

at

headed

$150,000

sold

was

Curlin

P.

the

these
Bond Sale—An issue of

William

and representatives of Glore, For-

each

3V2S, at

school

Bonds

initial 40-mile toll turnpike routt
and its financing through the pro¬

names

1

payable

the

to

Chicago,

of

improvement

sewer

sold

Bid for

$700,000

Garbage

concerning Kentucky's

Commissioner of Highways in thi
State Office Building in Frank

School

of

price

a

Ky.—May 25.—

Groups to

Details

Co.

from 1956 to 1974 inclusive. Prin¬

cipal and interest (M-S)

Kentucky (State of)

un¬

June 23 for

on

of

l

>

bonds.

Kentucky, dated July 1, 1954 anc
maturing July 1, 1994, will bt

Mechanicsville, Iowa

Dated

March

Bank

$500,000

zens

interest

and

purchase

in¬

Fidelity Bank & Trust Co.,
Louisville. Legality approved by
Hays & Fahey, of Louisville.

(CST)

p.m.

follows:

as

after

or

1954)

awarded

were

National

in

on

1959. Principal and in¬
(M-N) payable at the Citi¬

ty State Bank, of Adel, jointly.

to

purchase

pur¬

Bond Sale—The $600,000 build¬
ing bonds offered May 20—v. 179.
p.

Callable

of June

as

Independent
District, Iowa

Monroeville, Ind.
sealed

the

Fairfield

280,225.68

receive

will

Principal

1961.

1,

1,

Iowa-Des

Francoeur

Clerk,

May
terest

Des Moines, and the Dallas Coun¬

Bond Offering—C. O. Freelund,

City

inclusive.

numerical order

Hughes & Co., all of In¬
dianapolis, as 2V2S, at 100.07, a
perger,

Wheaton, III.
v

callable

are

May

May 1 from 1955 to

1974
verse

Bond & Share Corp., and Raffens-

Bond

by Chapman & Cutler, of

for

10

at the City Treasurer's
office.
Legality approved by
Chapman & Cutler, of Chicago.

Kingman, Ind.

July 1,
Legality ap¬

will receive
bids until 9 a.m.

open

Trust

composed of Fletcher Trust Co.,
City Security Corp., Indianapolis

dated

are

Clerk,

sealed

Township bonds offered
the same day were sold to a group

1956 to 1960 inclusive.

The

Moines, Iowa
—
Arthur John¬

School

'

.

street

Bond Offering

from

1

follows:

as

Sale—The

Indianapolis,

site

Due

1956

Clerk

Legality to be approved by H.
Rogers, of Des Moines.

N".

basis

$61,875 School
City bonds offered May 20—v.
179, p. 2191—were awarded to the

a

$600,000

City

purchase of

50,000 street improvement bonds.

First

v.

as

the
the

$56,000 special assessment
improvement bonds.
16,000 sewer bonds.

ern

8 p.m.

purchase of $675,000 school bonds,

by
for

1

$122,000 bonds,

group composed of the North¬

Indiana

June 1 for the

Carpen¬
of Des

payable

ty hospital bonds offered May 21
179, p. 2191—were awarded

303

Farmer.

from

—v.

Bond

Offering—Allen

1

Legality

Moines.

(CST)

inclusive.

Dec.

on

inclusive.

approved by Bannister,
ter, Ahlers & Cooney,

until

dated

are

on

2

the

posed issuance of $38,500,000 0:
Turnpike Revenue Bonds, wen
about 2.28%.
explained here today by Governo:
dated June
1, Lawrence W. Wetherby, Highway

are

mature

to

til

1971.
May 1 from

on

inclusive.

bid reflecting a

on a

net interest cost of

The

Jury, will receive sealed bids

bonds

Four

bonds

Due May 1,

FRANKFORT,

J-J.

County

,

Secretary of the Board of Educa¬
tion, will receive sealed bids until
on

Le¬

dated

are

Interest

Fulton

(P. O. Pekin), III.

(CDST)

F-A.

Clear Lake Indep. Sch. Dist., Iowa
Bond Sale—The
$265,p00 school

thereafter

Community

School District No.

.Bond

Interest

25,

1955 to

July 1, chase of $1,000,000 sewer revenue
Legality ap¬ bonds. Dated June 1, 1954. Due
proved b,y Ross, McCord, Ice & on June 1 from 1955 to 1964 in¬
clusive.
Bonds due in 1962 and
Miller, of Indianapolis.
The

Indiana

High

1 from

The

59

Due
1974

to

1954. Due

IOWA

.

Tazewell County, Pekin

p.m.

Jan.

Dated

Feb.

on

4

Bond

Bond

will

7

the

bonds,

District,

Streator, III,

bids

for

1

$195,000

Louis.

City

until

Township bonds.
Due serially from July
1, 1955
to Jan. 1, 1969 inclusive.
100,000 Civil Township
bonds.

Marion,

until 8 p.m. (CST) on June 2 for
the
purchase of $90,000
school

building

Trustee,

bids

June

on

of

1954.

Offering—Joseph Mayes,
Clerk,
will
receive
bids

sealed

(CST)

to

sealed

Eugene M.

—

Township

receive

1.94%.

Bond

Offering

Beaver,

First National Bank of Joliet, at a
price of 100.40, a basis of about

District

will

1

improvement

sewer

bonds.

Due

1964

until

gality approved by Ross, McCord,
Ice & Miller, of Indianapolis.

gality approved by Ross, McCord,
Ice & Miller, of Indianapolis.

2190—were awarded to the

p.

1954.

bids

June 2 for the purchase

on

$34,905.04

lows:

$45,000 2%
May 24—v.

offered

(CST)

construction

sewer

Dated June 1, 1954.
Due
semi-annually from July 1, 1955
to July 1, 1961 inclusive. Princi¬

chase
Joliet Park District, III.

bonds

sealed

assessment

June 1 for the purchase

on

$65,000

Jan. 1 from 1956 to 1974 inclusive.

Bond

receive

of

'

Clerk-Treasurer,

Town

ter,

Ind.

Offering—J. Wayne Bax¬

Bank

bonds.
Jackson County, Murphysboro Twp.
School District No. 100 (P. O.

park

Speedway,
Bond

Clerk-Treasurer,

chase of $115,000 gas system reve¬
nue
bonds, Dated June 1,
1954.
Due

1972

approved

Chicago

factory

Offering

will receive sealed bids until 7:30

to

1,
1954. Principal and interest (J-D)
payable at a bank or trust com¬
pany

Bond

Teaney,
p.m.

13,000 3V2s.
54,000 3V4S.

'

tional

building

Indianapolis, as 3s, at a price
100.04, a basis of about 2.99%.

of

Aurora, Ind.

thereafter

;

of

INDIANA

DuPage County Sch. Dist. No. 41
(P. O. Lombard), III.

(2419)

Bond Offering—Frank J. Deemer,

Secretary of the Parish Police-

on

1

June

1969

from

to

1973

2.60s, due
June 1, 1974; $1,000,000 2.70s,
inclusive;
due

1978
due

1981

on

$250,000

June

1

inclusive;
on

June

1

from
from

to

23/4s,

1979

to

$750,000
June 1 from 1982

inclusive.,

and

Is, due on
1984 inclusive.

to

1975

$750,000

Chronicle

The Commercial and Financial
SO

1954

Monday, May 31,

..

(2420)
of $4,000,000 public sewer bonds.
60,950
general obligation im¬
(DST) on June 2 for the purchase
Rockville, Md.
Dated Aug. 15, 1953. Due on Aug.
public facilities
provement
bonds.
Due on
of $211,000 bonds, as follows:
Bond Sale
The $1,300,000
June
1
from
1955 to 1959
$3,432,000 5s, due on
15
from
1955 to
1983
inclusive.
school1 bonds. 1 Due on
water
and sewer bonds offered $161,000
June 1 from 1957 to 1968 in¬
inclusive.
•
Principal and interest (F-A) pay¬
June 1 from 1955 to 1974 incl.
clusive; $1,430,000 2i/2s, due May 25—v. 179, p. 2084—were
able at the current official bank
The bonds
are
dated June 1,
50,000
sewer
bonds.
Due on of Detroit in
on June
1 from 1969 to 1973 awarded to a group composed of
Chicago, New York 1954. Principal and interest (J-D)
June 1 from 1955 to 1964 incl.
Mercantile-Safe
Deposit
&
inclusive; $286,000 2.60s, due the
City or Detroit. Legality approved nayable at the Detroit Trust Co.,
The
bonds
are
dated June 1,
June 1, 1974; $1,144,000 2.70s,! Trust Co., Alex. Brown & Sons,
Legality
approved
by
oy
Miller, Canfield, Paddock & Detroit.
1954. Principal and interest pay¬
due on June 1 from 1975 to Baker, Watts & Co., John C. Legg
Stone, of Detroit.
Miller, Canfield, Paddock & Stone,
at
& Co., and Stein Bros. & Boyce, able
1978 inclusive; $858,000 2%s,
the. National Shawmut
of Detroit.

8.000,000 general

—

bonds:

•

due

1979 to
$850,000
June 1 from 1982

™n<i1US1 Vri
Metropolitan

100.009,

bonds:

5s, due on June i

from 1957 I

issue

100.04,

$560,000

and

1

June

from

bonds: $299,000
3s, due on May 1 from 1955 to
1966 inclusive; $252,000 3V4S,
due on May 1 from 1967 to
1975 inclusive;
and $252,000
3V2s, due on May 1 from 1976

on
1992 to 1994 in¬

Sale

Bond

group:

of

The $7,600,000

—

May 2&—v. 179, p.
awarded to a syndi-

Stuart & Co., New York, 2191—were
Glore, Forgan & Co., Kidder, Pea-, cate headed by Phelps, Fenn
body
&
Co.,
Union
Securities Co., New York ' City, payipg

j?ey,

of New York, Mer«mtile-Safe Deposit & Trust Co.,

all

Corp.,

$1,000,000' and

Baltimore, Northern Trust Co.,
of

Chicago,

Trust

of

Co.,

Trust

Co.,

Bank

National

&

$2,500,000

issues,

Equitable Securities
Corporation, Merrill Lynch,!
Pierce, Fenner & Beane, of New
York, Marine Trust Company of
Western
New
York, Buffalo,
Hornblower
&
Weeks, of New
York,

1988

to

John C.
Legg & Co., Stein Bros. & Boyce,
all of Baltimore;
W. E. Hutton
& Co., F. S. Smithers & Co., both
of New York, Dean Witter & Co.,
of San Francisco, Stroud & Co.,
of
Philadelphia,
Trust
Co.
of
Georgia, Atlanta, Francis I. du
Pont & Co., Roosevelt & Cross,
Laidlaw & Co., Bache & Co., L.
F.
Rothschild
&
Co., Hirsch &
Co., Wertheim & Co., all of New
York, Mead, Miller & Co., of Bal¬
timore, Andrews & Wells, Inc.,
King, Quirk & Coi, Auchincloss,
Parker
& Redpath,
all of New
York, William Blair & Co., of
Chicago, Bramhall, Falion & Co.,
Watts

Baker,

t

y:

1

Craigie

due

State
sealed

(DST)
of

on

bids

debtedness

179,

v.

2

certificates

(not

bonds

June

Other
Alex.

1957

Bank of Boston.

to

l

re¬

in¬

general

/July

on

1969

1

inclusive.

public

school

July

1957

from

1

to

Due

1969

inclusive.

$225,000

from

1969

Interest J-J.

Legality

by

Attorney

State

1954

the

of

Webster

Securities

Corp.,

The

offered

notes

notes

cago, Bache & Co., of New York,
McDonald
& Co.,
of Cleveland,
Thomas & Co., of Pittsburgh.
John

C. Legg & Co., of Balti¬
Field, Richards & Co., of
Cleveland,
Byrne
and
Phelps,
Inc., of New York, Goodwyn &
more,

are

dated

l, 1954.

approved

1954.

Birmingham, Mich.
Offering—Irene E.

Co.,

Han-

bids until 8 p.m.

(EST)

Harrison, Inc., of Cincin¬
nati, Dolphin & Co., of Philadel¬
phia, Merrill, Turben & Co., of

Cleveland,
Bohmer-Reinhart
&
Co.,
of
Cincinnati,
and
Henry
Dahlberg & Co., of Tucson.

purchase of $225,000 fire
station bonds. Dated June 1, 1954
Due

Oct.

on

inclusive.

Braintree, Mass.
Bond Offering—John W. Hard¬

&

dock

1

1954 to

from

No. 7

.

.,

i 40 Water St., Boston, until 11

a.m.

7-

I



•

,

.

".I

*

?

•

■

Due on May 1, 1972.

p.

J.

Bond

awarded to Ryan
Sutherland & Co., of Toledo, on
a bid reflecting a net interest cost

nor,

Park,

1

(EST)
v.

■

on

bids

until
i f

'•

the

purchase

$372,400

of

10
c .r

$311,450

1,

>■

.

j

'"1

group:

& Co., of Chicago,

Corporation, of

Detroit, Stranahan, Harris & Co.,
Barcus, Kindred & Co., of Chicago,
H. V. Sattley & Co., McDonaldMoore
&
Co., Shannon &
Co.,

Co., all of

Kenower, MacArthur &

Detroit, Mullaney, Wells & Co., of

Co.,

Chicago, Watling, Lerchen &

Detroit,
Walter,
Woody
&
Heimerdinger, Pohl & Co., both of
Cincinnati,
Channer
Securities

of

Co., of Chicago, S. R. Livingstone,
Crouse & Co., and Siler &
Co.,
both of Detroit.
MINNESOTA

'

Albany, Minn.

■'■'h

Offering

Bond

—

Winter,

S.

E.

Village Clerk, will receive

sealed

June 7
purchase of $120,000 gen¬

bids until 8 p.m. (CST) on
for1 the

bonds.
on

improvement

obligation

eral

Dated

Jan.

1

1, 1954.
Due
1957 to 1975 in¬
due in 1974 and

June

from

clusive.

Bonds

1975

subject to prior redemp¬

tion.

are

Principal and interest pay¬
a banking institution mu¬

able at

to the Village
Legal¬

tually satisfactory

ity approved by Dorsey, Col man,
Barker, Scott & Barber, of Min¬
neapolis.

1^

.

{* It

tv-

»

<*

(P. O.

Blue Earth County

Offering

Bond

County

Auditor,

B.

—

E.

000

(CST) on

1964

interest

$100,-

Dated June

drainage bonds.

1, 1954.
to

Due on Dec. 1 from
inclusive.

Lee,

receive

will

sealed bids until 2 p.m.

1955

Principal and

payable at a banking in-

successful

Due

bonds.

June L from 1955 to
j .K T

the

of

members

Other

im-...

assessment

special

provement

a.m.

-i.-rX

1,

April

stitutibn to fefe 'desighSted by the

re¬

June 8>for the purchase

£77

for

(EST) on June

bonds, as follows:

Offering—John H. Wither-

sealed

ceive

sealed

City Clerk, will receive

bids until 8:30 p.m.

-

will

April

on

,June 3 for the purchase of

Mich.

Offering—John M. O'Con¬

of about 2.22%.

Controller,

on

Due

Mankato), Minn.

179,
2.296—were awarded to Walter
Wade, Inc., of Grand Rapids.
Lincoln

2085—were

City

Due

1972.

Sale—The $200,000 build¬

Bond

Sale—The $150,000 build¬

Bond

2%s.

D/4s.

1971.

105,000

(P. O.

ing bonds offered May 24—v.

(P. O. Dearborn), Mich.

Detroit, Mich.

1,

Muskegon), Mich.

ing bonds offered May 18—v. 179

■

.1

inclusive.

1971

Laketon Township Sch. Dist.

Township School Dist.

Bond

spoon,

.

1957 to

60,000 23/4S.

.

.

April

and the successful bidder.

$540,000 3V2s. Due on May 1 from

interest

and

Principal

follows:

1964

Stone, of Detroit.

Dearborn

p.

mut Bank of Boston, Trust Dept.,

..

Siler & Co., of De¬
troit, at a price of 100.06, a net
interest cost of about 3.39%, as

June

on

Toledo; Allan Blair & Co.,
Republic
Co.,
both of

Chicago, and

proved by Miller, Canfield, Pad¬

C.,

D.

179,

Central

the

for

ris

Washington,

$700,000 build¬

2084—were awarded to a group
composed of Watling, Lerchen &

ley, City Clerk, will receive sealed

on

Detroit.

Co., Detroit; Ryan, Sutherland &
Bond

Due

1970.
105.000

Twps.

p.

(A-O)' payable at a bank or trust
company to be designated by the
successful
bidder.
Legality
ap¬

Olds, of Washington, D. C., D. A.

Erin

ing bonds offered May 20—v.

MICHIGAN

sealed bids at the National Shaw-

,}

and

Lake

26

May

1954 and mature on Nov. 5,

Co., all of New York
Company of Chi¬

Semmes, Bowen & Semmes, both

-*

Legality approved by Miller, Canfield, Paddock & Stone, of

Bond Sale—The

Andrews & Wells, Inc.,
Eominick
&
Dominick, Wm. E.

of

1958.

1,

ton, at 0.448% discount.

Co.,

Co.,

1971 inclu¬

of April

as

Principal and interest (A-O) pay¬
able at the Detroit Bank, Detroit.

1, 1954

31/4S.

100,000

Fractional
School District No. 3 (P. O.
St. Clair Shores), Mich.

ing, Town Treasurer, will receive

■

27,

1955 to

from

1

Callable

25 were awarded to the
Merchants National Bank of Bos¬

mond, Eldredge & Co., First of
Michigan Corporation, Ira Haupi

&

1954. Due on

May

all

by Miles & Stockbridge, also

r

Dec.

sive.

building

obligation

general

April

$1,000,000 rev¬

anticipation

enue

York, Blair, Rollins & Co.,
Inc., F. W. Craigie & Co., of Rich¬

&

000

Worcester, Mass.
Sale—The

Note

of New

&

on

C. Wood,
will receive
(EST) on
for the purchase of $550,Secretary,

bonds. Dated July 1,

groun;

&

Sons, of Balti¬
more,, R. S. Dickson & Co., Paine,
Webber, Jackson & Curtis, Stone
&

notes

at 0.45% discount.
notes are dated
May

and mature

3

inclusive.

1958

First of Michigan

8

sealed bids until 8 p.m.

Boston,

of

1974

General,

of.Baltimore.

District

June

The $400,000

No.

Dist.

Offering—John

Bond

May 27 were awarded to

The

members

—

Sch.

(P. O. Parchment), Mich.

ap-

1955 to

860,000 3%s. Due on May 1 from
1959 to 1969 inclusive.

B. J. Van Ingen

Fractional

the Rockland-Atlas National Bank

3s, due
to

Sale

Note

offered

1968 in¬

1957 to

MASSACHUSETTS

Each issue is dated July

1

Legality

net interest cost of
follows:

$230,000 4s. Due on May 1 from

Kalamazoo and Cooper Twps.

proved by Ropes, Gray, Best,
Coolidge & Rugg, of Boston.

First Securities

*

and

1,

interest

Somerville, Mass.

Breed &
Due
to

certificates.

/

July

and

Pincus & Co., of New York, Fer¬

construction

the

1

Brown

Pollock

The offering

2296).

p.

certificates.

on

1974

from

1

dated

are

Principal

payable at the First National

2V4S,

$1,210,000

inclusive.

$7,500,000 general construction

5,585,000

from

June

on

consists of:

from

1

clusive; and

noted

as

and
June

1954.

due on June 1, 1955 and
1956; $335,000 2%s, due on

p.yi.

of

on

bonds

The

due on
1973 in¬

3s,

1966 to

4s,

June 1 for the purchase

$13,085,000

in

until

$640,000
from

par, a

about 3.26%, as

of Chicago.

600,000 refunding bonds: $40,000

<

will

Treasurer,

1

due on
1965 in¬

1955 to

1984 inclusive.

Offering—Hooper S.

ceive

4s,

clusive;

7

Miles,

clusive.

construction

$650,000
from

clusive;
June

of Richmond.

Certificate

bonds.
Due on
July 1 from 1955 to 1974 in¬
sewer

p.

price of

school

$80,000

—

May 20—
2084—were awarded to
a
group headed
by Braun, Bosworth & Co., Inc., Toledo, at a
179,

v.

building bonds offered May 24—
v. 179, p. 2297—were awarded to
Paine, Webber, Jackson & Curtis,

200,000

general

1

June

1, 1966.

Sale—The

Bond

1955 to 1964 inclusive.

to

May

Township School Dist.
Pontiac), Mich.
The $1,400,000

building bonds offered

Ingham Twp. Fractional Sch. Dist.
No. 1 (P.O. Dansville), Mich.

500,000 street improvement
bonds.
Due on July 1 from

1994 inclusive.

2,500,000
bonds;

July

inclusive.

2%s,

1989

from

1

1955 to

station bonds. Due
1 from 1955 to 1974

fire

on

bonds.

from

1

callable

are

Principal and
interest
(M-N)
payable at the
State Savings Bank, Manistique.
Legality approved by Chapman &
Cutler, of Chicago.
of

1,

interest

(P. O.

BondSale

p.m.

thereafter

and

1967
as

inclusive.

835,000

1988

$235,000

and

June

011

to

1974

building

July

on

1974

on
1973 in¬

1966 to

from

inclusive;
due

&

Maryland (State of)

1

June

Sills, Fairman & Harris, of Chi¬
cago, Fahey, Clark & Co., Field,
Richards & Co., both of Cleve¬
land, Folger, Nolan-W. B. Hibbs
& Co., Inc., of Washington, D. C.,
Scott, Horner & Mason, of Lynchburg, Breed & Harrison, of Cin¬
cinnati, and Anderson & Strudwick,

Due

due

3s,

as

school

$182,000

clusive; $440,000 3V4S, due on

Co., of Rich¬
mond, E. F. Hutton & Co., Robert
Winthrop & Co., both of New
York, National City Bank, Bax¬
ter, Williams & Co., both of
Cleveland, Provident Savings
Bank & Trust Co., of Cincinnati,
W.

from

bonds,

1965 in-

1955 to

$160,000

1

June

of New York.
F.

from

1

elusive;

,

tion
„

June

and

by

Waterford

bonds.
Dated May
1.
1954.
Due on May 1 from
1955
to 1971 inclusive.
Bonds due in

9

dated

are

Principal

sealec

building

p.m.

chase of $1,717,000

storm water drainage
$165,000 4s, due on

bonds:
June

1

for the pur¬
general obliga¬
follows:

June

on

until

bids

1, 1956.

bonds

payable at a bank desig¬
the successful bidder.
Legality approved by Miller, Canfield, Paddock & Stone, of Detroit.

(EST) on June
purchase of $55,006

4

the

for

17

will re¬

Treasurer,

sealed

(DST)

$540,000

and

1994 inclusive.

1,000,000

Co.,

&

inclusive,

2%s, due on June 1 from 1989

1

York.

ceive

Nov.

The

(M-N)

L

Reuben

—

receive

will

until

bids

Whit¬

Bond Offering—Archie R.

inclusive; $1,345,000 3V4S,
due on June 1 from 1974 to

Offering

Education,

Newton, Mass.

1973

due in 1960 are callable as of

Byers, Secretary of the Board Oi

.ham, at 0.448% discount.

County

445,000 special assessment street
bonds. Due on May
1 from
1956 to 1960 inclusive. Bonds

nated

(P. O. Route No. 2,

Manistique), Mich.
Bond

sewer

clusive.

1,

Township Unit School

District

Waltham Bank & Trust Co., Wal-

man,

July

1954.

Hiawatha

May 25—v. 179, p. 2296—
awarded
to
the
Newton-

were

bonds. Due on
May 1 from 1956 to 1958 in¬

tary

Detroit.

Dffered

ollows:

dated

are

sani¬

assessment

special

$90,000

April

Bank, Flint. Legality approved by
Berry, Stevens & Moorman, of

—

for

bonds

p.m.

follows:

payable at the Chase National
Bank, New York City, or at the
Citizens
Commercial & Savings

19,

Nov.

(P. O.
East Cambridge), Mass.
Note Sale
The $600,000 notes

phia National Bank, of PhiladeR^ 3,500,000 water bonds; $935,000
phia, Blair, Rollins & Co., Inc.,
4s, due on June 1 from 1955
Goldman, Sachs & Co., Stone &
to 1965 inclusive; $680,000 3s,
Webster Securities Corp., both of
due on June 1 from 1966 to
New

on

Middlesex County

The bonds bear interest rates

sue.

mature

notes

of

as

7:30

The

Principal and interest (A-O)

1954.

1954.

net interest cost of
the $600,000 is¬

a

about

Philadel¬

Chicago,

of

100.003,
2.90%

and

Chemical
Bank &
New York, Conti¬

Illinois

nental

a

for the $3,500,000,

about 3.15%

of

The

0.43% discount.
The

callable

are

sealed

receive

(EST) on
June 1 for the purchase of $535,000 special assessment bonds, as

1, 1968.

Lynn, Mcos.
$800,000

notes
May 25 were awarded to
Essex Trust Co., of Lynn, at

the

price of 100.08, a net interest cost

,

after

D.

—

will

until

bids

in 1978 and there¬

bonds due

Offering

Clerk,

City

from

1

inclusive.

Mich.
J. Harm,

St. Clair Shores,
Bond

building

April

on

1983

to

1955

Taxation of

Dffered

&

Due

bonds.

Sale—The

Note

price of 100.09.

1977 inclusive.

municipal

4,997,000

Department

and

Corporations

ing bonds offered May 20-—v. 179,
p. 2085—were awarded to Barcus,
Kindred & Co., of Chicago, at a

inclusive.

1969

to

1955 to

by the

to genuineness

as

Bond Sale—The

of

312,000 sanitary and storm sewer
bonds. Due on April 1 from

Massachusetts.

offered

bonds

Hal-

Co., Philadelphia,

&

Drexel

the

1955

payable

Director of Accounts,

Sanitary
(P. O. Hyattsville), Md.

Dist.

of

members

Certified

Suburban

Washington

June

at the Na¬
tional Shawmut Bank of Boston.

due

0.25s,

dated

are

interest

and

1584 inclusive.

to

clusive.

Other

1,
1954 and mature on June 1 from
1955 to 1959 inclusive. Principal
notes

The

803,000 series B

2%s, due on June 1 from

1.30s, at
basis of about 1.29%.

a

(P. O. Flint),

7

Michigan
$130,000 build¬

on

$207,000 bridge bonds. Due on
April 1 from 1955 to 1969 incl.
772,000
street
improvement
1
bonds, Due on April 1 from

tional Bank of Boston, as

to 1984 inclusive.

District No.

School

Township

Morris

Mount

$6,288,000 bonds, as follows:

awarded to the First Na¬

were

Craft,
will receive

Finance,

sealed bids until 3 p.m. (EST)
June
14
for.
thepurchase

bonds offered May

police station

3V2S, due on May 1 from 1976

1979 to 1981 inclusive; $1,840,000 Is, due on June 1
from 1982 to 1991 inclusive.,

;

$153,000

of

Director

Hophinton, Mass.
$25,000 fire and

j

2,60s, due June I, 1974; $736,000 2.70s, due on June 1 from
1975 to 1978 inclusive; $552,-

,

- 47 inclusive;

1966

to

Flint, Mich.

Bond Offering—Olney L.

&

Bond Sale—The

21

2,/2s, due on June 1 from 1969
1973
inclusive;
$184,000

j

oi

31/4S, due on May 1 from 1967
to 1975 inclusive; and $153,000

to

000

a

$920,000 j

inclusive;

1968

to

at

a

! $457,000 series A bonds: $191,000
3
due on May 1 from 1955

tv

D^tnct,.
$2,208,000.

22nd

Legality approved

Bank of Boston.

net • interest cost of by Storey, Thorndike, Palmer
about 3.33%, as follows:'
:••••-• Dodge, of Boston.

Is, due on
to 1984 inclusive.

of

price

all

and

inclusive,

r,000,000

Baltimore,

from

1

June

on

1981

U

i

V «*

-

on

j. proved

«

.

\

*

"*

-

,u_

..

1959 incl.'-Minneapolis.
'

Legality

bidder.

by Faegre &
.v

m

ap-

Bensoh, of
■>.

t

Volume 179

Number 5329

.

.

The Commercial and Financial Chronicle

.

'—■

(2421)
Carlton

County Indep. Sch Dist.
No. IS (P. O. Wrenshall), Minn.
Bond Sale—The $320,000 build¬
ing bonds offered May 20 were

June

15,

cates

due

awarded

are

E.

J.

a

both

Juran

Co., Kalman &
Minneapolis,
and

3.10s.

from

50,000

1957 to

3.10s.

Due

Bond

1

bonds

Sept.
The

bear

1%%

1,

1956

bonds
Due

1984

additional

from Sept.

dated

March

inclusive.

and

1

in¬

1, 1954

March
from

Bonds

thereafter

1,

1955

1957

due

in

bidder.

2192

offered

May 25—v. 179,
awarded

were

p.

to

Piper,
Jaffray & Hopwood, of Minneapo¬
lis, on a bid reflecting a net in¬
—

awarded

were

cost

of

about

1964

1965

60,000

to

$130,000 2V4S. Due
1956

to

on

Lake

County

!

School

tric

revenue

179,

—v.

to

Sale—The

,

Secretary,
for

will receive
p.m.e^CST)

the

$50,000

building
May 1, 1954. Due
to

1966

purchase

bonds.

Dated

inclusive.

Principal

and interest payable at a

banking

institution to be designated by the
successful

bidder.

Legality ap¬
Dorsey,
Colman,
Barker, Scott & Barber, of Min¬
neapolis.
proved

by

Lindstrom, Minn.
Bond Offering

—

on

bids until 8 p.m. (CST) on June 3
for the purchase of $40,000 gen¬
eral

obligation

ment

Due

bonds.
on

Jan.

street

Dated
1

improve¬

July

from

1,.;1954.

1957

to

A.

Cook,

City Clerk, will receive sealed
bids until 8 p.m. (CST) on June 7
the purchase pf $165,000 gen¬
obligation storm

sewer

bonds.

Dated July 1, 1954. Due on Jan. 1
from 1957 to 1974 inclusive. Bonds

due

in

1970

callable

pal

as

thereafter

and

of Jan.

interest

and

banking

institution

to

approved

be

by

Paul. '
.

; '

Sale—The

from

1955

price of 100.08,
2.89%.

New

New

Bond

bids
14

recon¬

Hanauer &

until

for

Feb. 1 from 1956 to 1984 inclusive.

Principal and interest (F-A)

County

(P.

Legality

Sale—An issue of $90,000

refunding bonds was sold to Cady
& Co., of Columbus, as 3%s. Dated
May 1, 1954. Due on May 1 from
1955

1969

to

M-N.

inclusive.

Legality

Charles

&

Trauernicht,

Bond

8

St.

Hanauer

and

sewer

system

bonds

inclusive.

Interest

Bond Sale—An issue of $165,000

building bonds was sold to Beecroft, Cole & Co., of Topeka.

$23)488 Special Impt. Dist. No. 608
curb, gutter and storm

sewer

from

1955

to

1963

by Hawkins, Delafield
Wood, of New York City.

Lower

Penns

Neck

Township

(P. O. Pennsville), N. J.

Offering—Allan N. WarSecretary of the Board of
Education, will receive sealed bids
until
16

7:30

for

35.444 Special Impt. Dist. No. 609

curb, gutter and storm

sewer

bonds.

building
1954.
1964

p.m.
(DST) on June
purchase of $1,250,000
bonds.
Dated
May
1,

Due

on

May 1 from 1956 to

inclusive.

Principal and in¬
terest (M-N) payable at the
City
Bank

&

Delafield

Co.

approved

Legality

Hawkins,
New York

Trust

Wood,

dated

June

for

inclusive.

(J-J)

Delafield

New York

Bond

15,

roll,

Mountain

Certificate

*\i' A

.

Lake, Minn.\

Offering

—

t,

P.

-

t

V-ir

of

the

..

sealed bids until 8 p.m.

(CST)

on

June 15 for the purchase of $150,000 electric revenue certificates.




sealed

NEBRASKA

G.

on

Wall, Village Clerk, will receive

Friend, Neb.
Bond Sale—An
water

system

was

sold

to

the First National Bank of Friend.

the

by

Wood,

of

City.

Township (P. O. Union),
New Jersey

Bond

Offering

William

—

Township

sealed

W.

Clerk,

bids

until

will

8

of

June

Dated
1

receive

2

p.m.
(DST)
for the purchase of
improvement
bonds.

8

June

from

until

1, 1954.

1955

to

Due

1964

on

June

inclusive.

Principal and interest (J-D)

pay¬

Buffalo,
basis of about

■

,

N. Y-

179, p. 2193—were awarded

v.

to

a

group composed of the Northern
Trust Co., Harris Trust &

Savings-

Bank,

both

of

Chicago,

Braun,

Bosworth & Co., Inc.,
Toledo, F. S.
Smithers & Co., New York

2s, at
1.93%.

100.65,

City,
Co., of Buffalo, as
basis

a

of

about

Fallsburgh (P. O. South
Falls burg), N. Y.
Bond

Offering

Michaels,

y

Mortimer

—

Town

Supervisor, will

receive sealed bids until 2:30
p.m.
(DST) on June 1 for the purchaser
of $40,000 funding bonds. Dated

May 1, 1954. Due
1955

to

1957

May 1 from
Principal

on

inclusive.

and interest

(M-N) payable at the
Fallsburg National Bank,
Fallburg. Legality approved
by Vandewater, Sykes, Heckler &
Galloway, of New York City.

$733,000 public improvement
bonds.

Due

on

July

from

1

1955 to 1969 inclusive.

1960 inclusive.

1954.

bonds

Fremont

July 1,
Principal and interest (J-J)

O.

Town

ceive

sealed

Center)jlS

Fremont

Bond Offering

lund,

York
—

Harold Bjork-

Supervisor,
bids

will

until

2

re¬

p.m.

(DST)

on June 4 for the purchase
$22,000 funding bonds.
Dated
1, 1954.
Due on June
1

June

from 1955 to 1959 inclusive.

cipal
dated

are

(P.

New

of

197,000 local improvement bonds.
Due on July 1 from 1955 to
The

South

p.m.

(DST) on June 8 for the purchase
of $930,000 bonds, as follows:

and

the

at

interest

First

(J-D)

National

Prin¬

payable
Bank

&

Trust

payable at the Union Center Na¬

Co., Roscoe. Legality ap¬
proved
by
Vandewater, Sykes,

tional

Heckler &

Bank,

Chase

Union, or at the
Bank, New York

National

City. Legality approved by Reed,
Hoyt, Taylor & Washburn, of New
York City.
West

Deptford

Township

(P.

O.

Verga), N. J.
Bond

view

Sale —The

Water

offered

Assessment

May 20—v. 179,

awarded to

were

Co.,

New

York

p.

Oak-

Sale—The $206,000 bonds*
($126,000 Sewer District No. 1
and

$80,000 Water Distriqt No. 2)
May 26—v 179, p. 2298—

offered

awarded

turers

&

falo,

and

2086—

York

at

100.20,

16

Bond

NEW YORK

school

offered
were

Sale —The

$2,165,965.42
improvement bonds of¬
May 26—v. 179, p. 2298—

fered

awarded

were

posed

of

National
Sachs

Co.,
of

&

and

New

price of
1.86%.

the

to

a

group

Bankers

City
Bank,
Co., Eastman,
Roosevelt
York

100.66,

City,
a

com¬

Trust

&
as

basis

Co.,
Goldman,

billon
Cross,
2s,

at

&

all
a

of about

the

Roosevelt

a

Hempstead
No.

to

Traders Trust

New

Boland, Saffin &
City, as 2%s, at

Buffalo), N. Y.

Bond

bonds

par.

Bond

Galloway, of N. Y. City.

Grand Island (P. O.

were

$28,000

various

Freeholders, will
bids

$680,000

issue of $15,000

bonds

and

at

approved
&

York,
a

—

of

Albany, N. Y.

Board

New

South

Union

I

Offering—Philip T. Car¬

Clerk

Chosen

1

2^^,

as

2.48%[v--*

Bond Sale
The $1,995,006
building bonds offered May 27—

(DST)

purchase

Principal

Legality

of

Jersey

Western

1.60s, at 100.17,

receive

p.m.

payable

'

11 v»

will

8

the

antville.

Mercer County (P. O. Trenton),
New

Traders

Sale—The

1.56%.

An¬

City.

20,496 Special Impt. Dist. No. 612
sanitary sewer bonds.

-

Clerk,
until

7

Hawkins,

by

&

■

are

1969

to

the

Salem.

bonds

Sch.

&

Elmira City School District,

July 1 from 1955 to
Principal and in¬

City

interest

inclusive.

approved
&

National

bonds.

1954.

on

Bond

Fry, Jr.,
City Clerk, will receive sealed
bids
until
7:30
p.m.
(MST) on
June 8 for the purchase of $79,428
bonds, as follows:

The

Arthur

field,

J.

of

payable at the office

bids

June

general

Dist.

Offering—W.

J.

—

Principal and interest (J-D) pay¬
able at the Long Branch
Banking
Company, Long Branch. Legality

MONTANA

Bond

Offering

Manufacturers

Co., both of Buffalo, Roose¬
& Cross, Brown Bros. Harri& Co., and R. D. White &

velt

as

$225,000
July
1,

$200,000 school bonds. Dated Jan
1, 1954. Due on Jan. 1 from 1955

$293,improvement bonds.
Dated June 1, 1954. Due on June
000

1

Valley Park School District, Mo.

drews,
sealed
on

a

June

on

Offering—^Nehemiah

receive

sealed bids until 1
p.m. (DST)
June 8 for the purchase of

&

MISSOURI

Bond

to

Marine

Company of Western New

York,

and Doolittle &

B.

Wooding, City Clerk, will receive

A-O.

Legality approved by Charles
Trauernicht, of St. Louis.
1

on

(J-J)

Friberger,

Bond

Co., of Jack¬

2%s and 3s. Dated April
1, 1954. Due on April 1 from 1955
1979

J.

Long Branch, N. J.

son, «as
to

build¬

to

the

Trust

Pleasantville, N. J.

&
Co., of Newark, as
100.06, a basis of about

at

issue of $60,000

sold to Lewis &

$48,000

awarded

2.87%.

Pontotoc, Miss.

was

Sale—The

2193—were

p.

2%s,

Sale—An

(DST)

p.m.

purchase of
bonds.
Dated

ing bonds offered May 25—v. 179,

Louis.

Bond

Jersey

Mainland National Bank of Pleas¬

Township Sch. Dist.
(P. O. Hainesport), N. J.

by

of

&

Hainesport

Interest

approved

ap¬

proved by Hawkins, Delafield
Wood, of New York City.

Mississippi
Bond

pay¬

able at the Closter National Bank
& Trust Co., Closter.

O. Fulton),

awarded

of

$84,000 street
improvement bonds offered May
27—v. 179, p. 2298—were awarded
to the Marine Midland Trust Co.

Money.
Legality approved by Caldwell,
Marshall, Trimble & Mitchell, of
New York City.

until 8 p.m. (DST) on June 9 for
the purchase of
$395,000 building
bonds. Dated Feb. 1, 1954. Due on

by

composed

Cortland, N. Y.

of the Custodian of School

gert, Secretary of the Board of
Education, will receive sealed bids

St.

.

2193—were

p.

Trust

Bond

(P. O.

the

terest

2.17%.

Closter School District, N. J.
Bond
Offering — Herbert Bo-

Interest

Legality approved
&
Trauernicht,
of

Co., of Newark,
price of 100.14, a

a

—

basis of about

a

—
George F.
Kearns, Secretary of the Board of
Education,
will
receive
sealed

Due

at

1.70s, at

as

basis of about

a

;

Corning City School District, N. Y.
Bond Sale
The $1,904,000
building bonds offered May 25—v.
179,

inclusive.

of about

/

group

Offering

1971

2.20s,

1.66%.

Legal¬

High Mountain Road, Paterson 2),

York

$61,000

price of 100.10,

a

Manville

North Haledon Sch. Dist.

1954.

as

inclusive.

the

Manville.

a

building

basis

■■

Nanuet,

in¬

interest

Arlington, N. J.

struction bonds offered May 25—
v.
179, p. 2296—were awarded to

net

a

at

Bank,

1974

City, J. B. Hanauer & man
Co., Newark, and Seasongood & Co., all of New York
City,
Mayer, of Cincinnati, as 2.90s, at at 100.18, a basis of about

15,

Principal and

Co.,

payable

to

and

New York

Avon-By-The-Sea, N. J.

Louis.

desig¬

Briggs, Gil¬
bert, Morton, Kyle & Macartney,
and Moody & Springsted, both of
St.

reflecting

..

1964

to

Itawamba

are

1,[1969. Princi¬
payable at
a

Trust

Bond

sold to the Equitable Securi¬
Corp., Nashville, as 2s. Dated
April 1,1954. Due on April 1 from

nated by the succesful bidder. Le¬

gality

bid

a

Billings, Mont.

for

eral

awarded

ties

Moorhead, Minn.
Offering—Paul

May 25

$165,000
special street improvement bonds

bidder.

Bond

15

inclusive.

Grenada, Miss.

inclusive.

Legality approved by
Briggs, Gilbert, Morton, Kyle &
Macartney, and Moody & Springsted, both of St. Paul.

June

June

City. Legality approved by Cald¬
well, Marshall* Trimble & Mitch¬
ell, of New York City.

elec¬

1964

Principal and interest
payable at a banking institution
to be designated by the successful

1979

on

1955

2193—were awarded to a group
composed of Boland, Saffin & Co.,

(J-D) payable at the As¬
bury Park & Ocean Grove Bank,
Asbury Park, or at the Marine

MISSISSIPPI

water

R. A. Horton,

Village Clerk, will receive sealed

Due

from

Principal

p.

school bonds.
dated

and equipment bonds
offered May 21—v. 179,
p. 2192—
were awarded to the
Nanuet Na¬
tional Bank of

Sale—The $497,000 build¬
ing bonds offered May 25—v. 179,

interest

interest cost of about 2.17%.

of

May 1 from

on

1

J. ,B.

Paul,

bids until 7:30
8

to

Mannheimer-Egan, Inc., of St.

Charles

Harbors), Minn.
Offering—J. R. Lindgren,

June

1957

2297—were

p.

Oct.

North

municipal bldg. bonds.
are

—

provement

Bond

improvement bonds.

bonds

869.

approved by Hawkins, Dela¬
field & Wood, of New York
City.

street impt. bonds.

awarded to Salomon Bros. &.

Clarkstown (P. O. New
City), N. Y~
Bond Sale
The $20,000 im¬

ity

follows:

as

were

Hutzler, ©£ New York City, at 6%
interest, plus a premium of $116.-

p.m.

(A-O)

p.m.

equipment bonds.

Midland

bonds offered

5

,

—

clusive.

general impt. bonds.

1954.

from

$130,000

until

25.000

The

1965 to 1968 inclusive.

A-O.

District (P. O. Two

District

1

bids

28,000
34,000
15,000
65,000
23,000

Dec. 1 from
Dec.

8

Municipal Housing
Authority, N. Y.
$4,812,000 notes
May 18—v. 179, p. 2086—

offered

(DST) on June 9 for
the purchase of
$300,000 building
bonds.
Dated April 1, 1954. Due

June 8 for the purchase

$300,000 bonds,

.

1964 inclusive.
on

til

National Bank of R^wster,
par.
"

Note Sale—The

date of sale will be

Bond

water

2192—were awarded to

Buffalo

offering

bondo
on
zjty3—was can-

P.

Y.

$85,000

2.20s, at

Canceled—Notice
an

Sale—The

Ql

bonds offered May 25—v.

p.

First

J.

Offering
Irene Staats,
Secretary of the Board of Educa¬
tion, will receive sealed bids un¬

$110,000 parking assessm't bonds.

was

March

1973 to 1984 inclusive.

County,

on

sealed
on

N.

Montgomery Township Sch. Dist.
(P. O. Harlingen), N. J.

National

(DST)

179,

announced.

notes

receive

Min¬

City.

building

A new

ooicu.

May 28,
15, 1954.

Dec.

on

$165,000

on

Bond Sale—An issue of

inclusive.

Due

of

dated

are

York

intention to make

of

Asbury Park, N. J. *
Bond Offering—J. Oliver Arm¬
strong, Acting City Treasurer, will

Moody, Inc., of St. Paul, jointly,
a price of
100.03, a net interest
cost of about
2.36%, as follows:

1955

on

Benson,

notes

Bond

system

as

June 8—v. 170,

NEW JERSEY

Principal
banking

a

&

1

March 1 from

on

1972

2.90s.

from

sealed

&

-'"'I''.

2.10s. Due on March
from 1957 to 1964 inclusive.

Bond

inclusive.

payable at

The

1954 and mature

at

as

$30,000

of

May 26,
16, 1954.

Dec.

on

Brewster, N.

Legality

Milford School
District,
Bond Offering

ton, at 0.758% discount.

a.m.

2085—were Awarded to Kalman
& Co., of Minneapolis, and Juran

follows:

40,000 2%s. Due

11

of

Bond

2.76%,

dated

are

First-Mechanics Na¬

Wood, of New

to

offered May 27 were awarded to
the Second National Bank of Bos¬

Overn,

receive

Preston, Minn.

heimer-Egan, Inc., and Caldwell,
Phillips & Co., both of St. Paul,
jointly, at a price of 100.27, a net
interest

to

4

Mann-

to

until

60,000 2.60s. Due

Bond Sale—The $130,000 school
bonds offered May 19—v. 179,
p.
—

bids

will

p.

Dakota and Goodhue Counties Joint

2192

Auditor,

Bond Sale—The $190,000 build¬
ing bonds offered May 18—v. 179,

terest cost of about 2.56%.

Indep. Consol. Sch. Dist. No.
(P. O. Randolph), Minn.

awarded

Deposit & Trust

Hampshire
Sale—The $150,000

Note

"?.

,

Minnesota

and 114 (P. O. Clara
City), Minn.
Bond Sale—The $300,000 school

bonds

'

County Independent School
District No. 3 (P. O. Pine
City),

Chippewa and Kandiyohi Counties
Indep. Consol.Sch* Diet. Nos. 62

notes

the

Hawkins, Delafimd

&

$75,000 notes

were

Safe

1954 and mature

Pine

Legality
Colman,

approved
by
Dorsey,
Barker, Scott & Barber, of Min¬
neapolis.

May 26

Boston

The

Gilbert, Mor¬
Macartney, of St.

Minnesota

by Faegre
neapolis.

payable

successful

The

—

Co., of Boston, at 0.66% discount.

institution designated by the suc¬
bidder. Legality approved

Principal and
at any suitable
banking institution designated by
the

the

cessful

of March 1, 1973.

interest

-

and interest

callable

are

Sale

offered

(CST)
on
June 17 for the purchase of
$250,000 drainage bonds. Dated
June 1, 1954. Due on Dec. 1 from

inclusive.

are

ion

Note

15,

Offering—Harold

County
sealed

The

Dec.

Rockingham County (P. O. E****r)>

1974 to 1984 inclusive.

terest of

thereafter

at

tional Bank of
Trenton.
approved by

Concord), N. H.

Nicollet County (P. O. St. Peter).

1

March

on

and

of

as

&

1969 to 1973 inclusive.

from

as

Kyle

'.•■■■.

150,0C0

1974

March

on

1960

able

Merrimack County (P. O.

Paul.

1

1968 inclusive.

Due

callable

ton,

March

on

in

NEW HAMPSHIRE

approved by Briggs,

follows:

as

Due

3.20s.

from

1954.

3.28%,

15, 1954. Due semi¬
from Dec. 15, 1954 to
1964 inclusive. Certifi¬

1959.
Principal and interest payable at
a
banking institution designated
by the successful bidder. Legality

&

$120,000

to

of

Moody, Inc., of St. Paul,
price of 100.09, a net interest

a

June

annually

&

of

cost of about

to

composed

group

Prespott

Co.,
at

to

Dated

&

Manufac¬

Co., Buf¬
Cross, of

City, jointly, as 2.90s,
basis of about 2.81%.
Union

Free

Sch.

Dist.

(P. O. Elmont), N. Y.
Sale

and

—

public

May 25—v.

The

$1,415,000
library bonds
179, p. 2193—

awarded to R. L.

Day & Co.,

New York City, as 2.90s, at a price
of 100.009, a basis of about 2.89%.

Hempstead, Wantagh Fire District~
(P. O. Wantagh), N.Y.
B o

n

d

Offering

—

Harold

J.

Fritscher, District Secretary, will
receive

(DST)
of

sealed
on

bids

until

2

p.m.

June 9 for the purchase

$213,000 fire house construction

bonds.

Dated

June

1,

1954.

Due

The Commercial and Financial Chronicle
60

1

1969 to 1973
2.60s, due

from

1

due

2V2S,

$1,430,000

June

on

1968 in¬

1957 to

lrom

clusive;

due on

5s,

$3,432,000

bonds:
June

Sale

Bond

and

water

The

—

of $211,000

179,

p.

group

Deposit &
June 1, 1974; $1,144,000 2.70s, j Trust Co., Alex. Brown & Sons,
due on June 1 from 1975 to
Baker, Watts & Co., John C. Legg
1978 inclusive; $858,000 2%s,1 & Co., and Stein Bros. & Boyce,
all of Baltimore, at a
price of
due on June 1 from 1979 to
1981
inclusive, and $850,000
100.009, a net interest cost of
about 3.33%, as follows:
Is, due on June 1 from 1982 j
1984 inclusive.

to

Metropolitan

7,000,000

bonds:

issue

22nd

1978

to

2%s, due

1979

1981

to

840,000
and

:

1 j
inclusive., i

1991

to

0.25s,

$560,000

due

on

on

1975

June

on

May 1 from 1967 to
inclusive; and $252,000

due

$1,-!

inclusive;

1976

3V2S, due on May 1 from
to

1954
1955

tional

Certified

to genuineness

as

|

Taxation of

Corporations

and

1994 in-

1992 to

from

1

1955

National

Illinois

Bank

&

sue.

The bonds bear interest

rates

awarded

were

Trust

Co.,

Philadel¬

Chicago,

of

as

Bank, of Philadel¬
phia, Blair, Rollins & Co., Inc.,
Goldman, Sachs & Co., Stone &
Webster Securities Corp., both of
New
York, Equitable Securities
Corporation, Merrill Lynch,
Pierce, Fenner & Beane, of New
York, Marine Trust Company of
Western
New
York, Buffalo,
Horn blower
&
Weeks, of New

phia National

/

water bonds; $935,000
4s, due on June 1 from 1955
to 1965 inclusive; $680,000 3s,
due

due

$540,000
June 1 from 1989

inclusive;
due

1994

from

1

June

and

clusive;
due

on

due

4s,

1955

to

due

1

from

bonds.
Due on
1955 to 1974 in¬

sewer

clusive.

bonds

The

1954.

July

dated

are

Principal

to

1984 inclusive.

Coolidge &

Rugg,

of Boston.

j

of Rich_mond, E. F. Hutton & Co., Robert

both of New
Bax¬

1956;

1

June

on

from

1957 to

1968

and

$225,000

3s,

due

to

1974

clusive;
June

on

Somerville, Mass.

June 1, 1955 and
$335,000 2%s, due on

due

1

1969

from

in¬

Sale

Note

offered

—

The

May 27

awarded to

the Rockland-Atlas National Bank

Boston, at 0.45% discount.
The notes are
dated May

of

inclusive.

1954 and mature on Dec. 1, 1954.
Williams & Co., both of
Other members of the groun:
Cleveland, Provident Savings
Worcester, Mass.
Brown & Sons,, of Balti¬
Bank & Trust Co., of Cincinnati, jAlex.
Note Sale—The $1,000,000 rev¬
more,, R. S. Dickson & Co., Paine,
Sills, Fairman & Harris, of Chi¬
enue
anticipation notes offered
Webber, Jackson & Curtis, Stone
cago, Fahey, Clark & Co., Field,
& Webster Securities Corp.,
all May 25 were awarded to the
Richards & Co., both of Cleve¬
Merchants National Bank of Bos¬
of New York, Blair, Rollins & Co.,
land, Folger, Nolan-W. B. Hibbs
Inc., F. W. Craigie & Co., of Rich¬ ton, at 0.448% discount.
& Co., Inc., of Washington, D. C.,
The notes are dated May 26,
Scott, Horner & Mason, of Lynch¬ mond, Eldredge & Co., First of
Michigan Corporation, Ira Haupt 1954 and mature on Nov. 5, 1954.
burg, Breed & Harrison, of Cin¬
&
Co., Andrews & Wells, Inc.,
cinnati, and Anderson & StrudMICHIGAN
Eominick & Dominick, Wm. E.
wick, of Richmond.
Pollock & Co:, all of New York
Birmingham, Mich.
Maryland (State of)
First Securities Company of Chi¬
Bond Offering—Irene E. Han-

ter,

y.

Certificate

Offering—Hooper S.

Miles,

State

ceive

sealed

(DST)

bids

debtedness

in

v.

until

2

re¬

p.m.

June 1 for the purchase

on

$13,085,000

of

will

Treasurer,

179,

certificates

(not

bonds

as

in¬

noted

The offering

2296).

p.

of

$7,500,000 general construction
certificates.
1957

,>5,585,000

Due
to

general

July

on

1969

1

inclusive.

public

school

construction

certificates.

July

1957

Due

'

on

1

from

to

1969

inclusive.

by
and

the

J-J.

State

Attorney

approved

John

C.

Legg &

Co., of Balti¬

Richards & Co., of
Cleveland,
Byrne
and
Phelps,
Inc., of New York, Goodwyn &
more,

Field,

Olds, of Washington, D. C., D. A.
Co., of New York, Fer¬
ris & Co., of Washington, D. C.,

Breed & Harrison,

Incl, of Cincin¬
nati, Dolphin & Co., of Philadel
phia, Merrill, Turben & Co., of
Cleveland,
Bohmer-Reinha.t
&

Co.,

of

Cincinnati,

and

for

1

from

Principal

1954.

1954 to

1964

1971 inclu¬
1, 1958.

of April

as

Principal and interest (A-O) pay¬
able at the Detroit Bank, Detroit.

Legality approved by Miller, Can-

Erin

and

Lake

School

&

No.

District

(P.

3

O. Dearborn), Mich.

Sale—The $150,000

p.

2084—were awarded to a group

Lerchen &

composed of Watling,

Co., Detroit; Ryan, Sutherland &
Co., Toledo;, Allan Blair & Co.,
Central
Republic
Co.,
both of
at

price

a

cost

interest

awarded to Ryan,
Co., of Toledo, on
bid reflecting a net interest cost

as

1957 to

60,000 23/4s.

1971

inclusive.

Detroit, Mich.

j mut Bank of Boston, Trust Dept.,

ceive

140 Water St., Boston, until 11 a.m.

(EST)
'

»r

City
sealed

{

on
>

Controller,
bids

until

10

April

1,

p.

J.

Lincoln
Bond
nor,

Park,

for

Offering—John M. O'Con¬

the

(EST)

purchase

of

$311,450

special

provement

on

June

$372,400

a.m.
>

i

1

June11' from T955 to

i.iXi

k-

lw.

Corporation, of

Cov all of

Kenower, MacArthur &

Detroit, Mullaney, Wells & Co., of
Chicago, Watling, Lerchen &

Co.,

Detroit,
Walter,
Woody
&
Heimerdinger, Pohl & Co., both of
Cincinnati,
Channer
Securities

of

Co., of Chicago, S. R. Livingstone,
Crouse & Co., and Siler & Co.,
both of Detroit.
MINNESOTA
(■'

Albany, Minn.
Offering

—

E.

Winter,

S.

Village Clerk, will receive

sealed

June 7
for the purchase of $120,000 gen¬
eral obligation improvement
bids until 8 p.m. (CST) on

bonds.

Dated

1, 1954. Due
1957 to 1975 in¬
in 1974 and

June

from

1

Jan.

on

due

clusive.

Bonds

1975

subject to prior redemp¬

are

Principal and interest pay¬
able at a banking institution mu¬

tion.

to the Village
Legal¬

tually satisfactory

the successful bidder.

ity approved bv Dorsey, Col man,
Scott & Barber, of Min¬
neapolis.
Blue Earth County (P.

Offering

Bond

Auditor,

County

Due

im¬
on

B.

—

O.

000

to

1964

interest

•.

inclusive.

Principal and

'designated by the

to

by
-

Dated June

payable at a banking in¬

bidder.

Faegre

1959»incl. i Minneapolis.

V-.

on

Due on Dec. 1 from 1955

successful

proved

(CST)

purchase of $100,-

drainage bonds.

1, 1954.

E. Lee,

receive

will

sealed bids until 2 p.m.

stitution

assessment
bonds.

group:

& Co., of Chicago,

of Michigan

June 3 for the

Mich.

City Clerk, will receive sealed

bids until 8:30 p.m.

the

of

Detroit, Stranahan, Harris & Co.,
Barcus, Kindred & Co., of Chicago,
H. V. Sattley & Co., McDonaldMoore
&
Co., Shannon & Co.,

Sale—The $200,000 build¬

179,
2296— were awarded to Walter
Wade, Inc., of Grand Rapids.

re¬

June 8»for the purchase
r ' 5 " l

on

Due

iy4s.

members

Mankato), Minn.

bonds, as follows:

Wither-

will

1,

B. J. Van Ingen

Sch. Dist. (P. O.

ing bonds offered May 24—v.

1

spoon,

April

Muskegon), Mich.

of about 2.22%.

Bond Offering—John H.

on

Barker,

Due on May 1, 1972.

Laketon Township

2085—were

Offering—John

sealed bids at the National Shaw-

Due

,

1972.

and

$540,000 3V2S. Due on May 1 from

build¬

&

3.39%,

about

of

net

of 100.06, a

follows:

ing bonds offered May 18—v. 179,
Sutherland

1,

2%s.

Bond

179,

ing bonds offered May 20—v.

Bond

Township School Dist.

No. 7 (P.
Bond

April

O.

build¬

Bond Sale—The $700,000

of Detroit.

Stone,

Dearborn

on

1971.

Twps. Fractional

St. Clair Shores), Mich.

|

proved by Miller, Canfield, Pad¬
dock

Due

1970.

field, Paddock & Stone, of Detroit.

interest

and

(A-O) payable at a bank or trust
company to be designated by the
successful
bidder.
Legality ap¬

a

Braintree, Mass.
W. Hard¬

Oct.

on

on

Dated June 1,

bonds.

inclusive.

p.

Bond

the

Due

Henry

Dahlberg & Co., of Tucson.

June 7
purchase of $225,000 fire

station

ing, Town Treasurer, will receive




1955 to

Callable

Chicago, and Siler & Co., of De¬

General,

of Baltimore.

July 1, 1954. Due on

from

1

building

obligation

general

bonds. Dated

troit,

by Miles & Stockbridge, also

Semmes, BoWen & Semmes, both

on

bids until 8 p.m.

July 1, 1954.

Legality

(EST)

for the purchase of $550,-

3

April

receive

ley, City Clerk, will receive sealed

MASSACHUSETTS

Each issue is dated

Interest

000

Wood,

C.

will

Secretary,

bids until 8 p.m.

sealed

McDonald

(EST)

3y4s.

105.000

First

8

cago,

Pincus &

consists of:

from

Bache & Co., of New York,
&
Co., of Cleveland,
Thomas & Co., of Pittsburgh.

Offering—John

District

sive.

27,

No.

Dist.

Sch.

(P. O. Parchment), Mich.
Bond

June

$400,000 notes

were

Fractional

Twps.

1969 inclusive

1959 to

100,000

Other

Kalamazoo and Cooper

1 from

inclusive.

1958

860,000 3%s. Due on May 1 from

105,000

1,

by

Inc.,

Co.,

1955 to

Paine, Webber, Jackson & Curtis,
of Chicago.

600,000 refunding bonds: $40,000
4s,

&

$230,000 4s. Due on May

school

$80,000

headed

group

Bank,

Sale—The

Bond

payable at the First National
Bank of Boston. Legality ap¬
proved by Ropes, Gray, Best,

21/4s,

Braun, BosToledo, at a
price of par, a net interest cost of
about 3.26%, as follows:
a

worth

building bonds offered May 24—
v. 179, p. 2297—were awarded to

interest

and

in

Twp. Fractional Sch. Dist.
(P. O. Dansville), Mich.

No. 1

bonds offered May 20—

179, p. 2084—were awarded to

v.

1966. Principal and
(M-N)
payable at the

Ingham

July 1 from

on

1974

bonds. Due
1955 to 1974

Sale

building

1,

Savings

School Dist.
Pontiac), Mich.
—
The $1,400,000

Township

(P. O.
Bond

callable

are

1,
interest

by

Waterford

Manistique.
Legality approved by Chapman &
Cutler, of Chicago.
State

500,000 street improvement
bonds.
Due on July 1 from
1955 to 1964 inclusive.

1973 in¬

$1,210,000

station

1 from

thereafter

and

of May

interest

inclusive.

on

1965 in¬

3s,

1966 to

June

to

fire

July

on

1955 to

from

1

1967
as

June

and

field, Paddock & Stone, of Detroit.

will

due

of

payable at a bank desig¬
the successful bidder.
Legality approved by Miller, Can-

o,

Bonds

as

(M-N)

L

inclusive.

dated

are

Principal

nated

Secretary of the Board

1971

to

inclusive.

200,000

$640,000

clusive;

Craigie & Co.,

Bank,

from

1

23/4s,

1989

July

on

1974

construction

$650,000

bonds;

of New York.

City

from

inclusive.
general

June

Andrews & Wells, Inc.,
Quirk & Co., Auchincloss,
Parker
& Redpath,
all of New
York, William Blair & Co., of
Chicago, Bramhall, Falion & Co.,

National

1

2,500,000

King,

York,

$235,000

and

June

on

p.m.

callable

are

1, 1956.

bonds

The

receive
sealec
bids until 4 p.m. (EST) on June
17
for
the
purchase of $55,006
building
bonds.
Dated
May
1,
1954.
Due on May 1 from
1955

bonds..

building

school

Due

Nov.

Township Unit School

Manistique), Mich.
Offering — Reuben

on

835,000

1966 to

1

June 9 for the pur¬
$1,717,000 general obliga¬
tion bonds, as follows:
(DST)

due on
1973 in¬

3s,

$160,000
from

1

until

bids

sealed

1960

due in

District (P. O. Route No. 2,

chase of

clusive; $440,000 3 V4S, due on
June
1
from
1974
to
1988

timore,

Co.,

ceive

$182,000

clusive;
June

York, Mead, Miller & Co., of Bal¬

&

1

June

will re¬

County Treasurer,

storm water drainage
$165,000 4s, due on
from 1955 to 1965 in¬

1,000,000

Whit¬

Bond Offering—Archie R.
man,

and

2%s, due on
1994 inclusive.

Co., Wertheim & Co., all of New

Winthrop

to

1974

from

1

inclusive,

bonds:

W.

$1,345,000 314s,

clusive.

1954.

Education,

sewer

445,000 special assessment street
bonds. Due on May 1 from
1956 to 1960 inclusive. Bonds

Detroit.

Byers,

Newton, Mass.

to

1966

from

1

bonds. Due on
May 1 from 1956 to 1958 in¬
tary

July 1,
(A-O)

Bond

sani¬

assessment

special

$90,000

April

Bank, Flint. Legality approved by
Berry, Stevens & Moorman, of

Hiawatha

p.m.

follows:

payable at the Chase National
Bank, New York City, or at the
Citizens
Commercial
&
Savings

.ham, at 0.448% discount.

to

Co.,

&

June

on

1988

John C.
Legg & Co., Stein Bros. & Boyce,
all
of Baltimore,
W. E. Hutton
Co., F. S. Smithers & Co., both
•of New York, Dean Witter & Co,,
of San Francisco, Stroud & Co.,
of
Philadelphia,
Trust
Co.
of
Georgia, Atlanta, Francis I. du
Pont & Co., Roosevelt & Cross,
Laidlaw & Co., Bache & Co., L.
F.
Rothschild
&
Co., Hirsch &
Watts

Baker,

June

on

1973 inclusive;

of

dated

are

7:30

The

1954. Principal and interest

Newton-

the

to

receive sealed
(EST) on
June 1 for the purchase of $535,000 special assessment bonds, as
until

V

bonds

D.

—

will

Clerk,

bids

there¬

1978 and
as

Offering

City

from

inclusive.

callable

are

1

Mich.
J. Harm,

St. Clair Shores,
Bond

1, 1968.
The

Waltham Bank & Trust Co., Wal-

$3,500,000

York.

F.

follows:

price of 100.09.

building

April

on

1983

to

after

—

nental

Due

bonds due in

Massachusetts.

Washington

<

municipal

bonds.

build¬

ing bonds offered May 20—v. 179,
p. 2085—were awarded to Barcus,
Kindred & Co., of Chicago, at a

inclusive.

1977

to

4,997,000

Department

Suburban Sanitary
Dist. (P. O. Hyattsville), Md.
elusive.
Lynn, Mas.
|
Note Sale—The $800,000 notes
Bond Sale — The $7,600,000
Other members of the group: |
offered May 25 were awarded to
bonds offered May 25—v. 179, p.
Drexel & Co., Philadelphia, Halthe Essex Trust Co., of Lynn, at
-sey,
Stuart & Co., New York, 2191—were awarded to a syndi¬
Glore, Forgan & Co., Kidder, Pea- cate headed by Phelps, Fenn & 0.43% discount.
The notes mature on Nov. 19,
body
&
Co.,
Union
Securities Co., New York City, paying a
Corp., all of New York, Mer-, price of 100.08, a net interest cost 1954.
of about 3.15% for the $3,500,000,
c
-umtile-Safe Deposit & Trust Co.,
Middlesex County (P. O.
**^f Baltimore, Northern Trust Co.,, $1,000,000 and $2,500,000 issues,
East Cambridge), Mass.
of
Chicago,
Chemical
Bank
& and 100.003, a net interest cost of
Note Sale
The $600,000 notes
about 2.90% for the $600,000 is¬
Trust Co., of New York, Conti¬
offered May 25—v. 179, p. 2296—
June

1955

by the

Director of Accounts,

Michigan
Sale—The $130,000

Bond

312,000 sanitary and storm sewer
bonds. Due on April 1 from

payable at the Na¬
Shawmut Bank of Boston.

School

(P. O. Flint),

District No. 7

inclusive.

1969

Township

Morris

Mount

$207,000 bridge bonds. Due on
April 1 from 1955 to 1969 incl.
772,000
street
improvement
bonds. Due on April 1 from
to

1,

of Detroit.

$6,288,000, bonds, as follows:

1955

June

dated

are

Principal and interest (J-D)

payable at the Detroit Trust Co.,
Detroit.
Legality
approved
by
Miller, Canfield, Paddock & Stone,

Bond Offering—Olney L.

interest

and

of

inclusive.

1834

1,
and mature on June 1 from
to 1959 inclusive.
Principal

bonds

The
1954.

Craft,
Director of Finance, will receive
sealed bids until 3 p.m. (EST) on
June
14
for.
thepurchase
of

June

dated

are

bank

Flint, Mich.

basis of about 1.29%.

notes

official

Chicago, New York

or Detroit. Legality approved
Miller, Canfiela, Paddock &
Stone, of Detroit.

bonds offered May
21 were awarded to the First Na¬
tional Bank of Boston, as 1.30s, at
a

inclusive.

pay¬

by

police station

The

803,000 series B bonds: $299,000
3s, due on May 1 from 1955 to
1966 inclusive; $252,000 3V4S,

June 1 from'

due

Is,

1982

from

on

Hopkinton, Mass.
$25,000 fire and

Bond Sale—The

100.04,

Detroit in

1959

to

1955

from

1

June1

inclusive.

1983

to

bonds.

provement

on

City

Dodge, of Boston.

to 1984

on June 1 from
inclusive; $552,-!

2.70s, due

1975

000

1,

June

dated

are

1955

obligation im¬
Due on

general

60,950

bonds.
Aug.

sewer

the current

able. at
of

Principal and interest pay¬
at
the
National
Shawmut

able

1976

3V2S, due on May 1 from
inclusive.

bonds

from

15

public

Aug. 15, 1953. Due

Principal and interest (F-A)

I^ank of Boston. Legality approved
by Storey, Thorndike, Palmer &

3J/4s, due on May 1 from 1967
to 1975 inclusive; and $153,000

$920,0001
2%s, due on June 1 from 1969 j
to
1973
inclusive;
$184,000 i
2,60s, due June 1, 1974; $736,- j
000

The

1954.

$487,000 series A bonds: $191,000
3s, due on May 1 from 1955
$2,208,000,
to
1966
inclusive;
$153,000

inclusive;

1968

Dated

incl.

1955 to 1964

June 1 from

District,!

June 1 from 1957 l

5s, due on
to

as

offered $161,000 school bonds. Due on
June 1 from 1955 to 1974 incl.
2084—were
50,000
sewer
bonds.
Due
on
composed of

Mercantile-Safe

the

$286,000

inclusive:

bonds,

bonds

sewer

May 25—v.
1 awarded to a

$1,300,0001

of $4,000,000

the purchase
follows:

I (DST) on June 2 for

Rockville, Md.

facilities

8.000,000 general public

£

1954

Monday, May 31,

..

(2420)

*

.

Legality

ap¬

& Benson, of

Number 5329

Volume 179

The Commercial and Financial Chronicle

.

.

.

(2421)
Carlton

Dated

County Indep. Sch Dist.
No. 15 (P. O. Wrenshall), Minn.
Bond Sale—The $320,000 build¬
ing bonds offered May 20 were
awarded

E.

to

a

annually
15,

cates

cost of about

3.28%,

3.10s.

from

50,000

1957 to

3.20s.

March

on

1968

Due

Nicollet

March

3.10s.

from

1974

Due

bonds

bear

additional

Sept.
The

1954.
to

from Sept. 1,
1956 inclusive.

1,

bonds
Due

1984

1974

County

dated

are

March

on

inclusive.

and

1

March
from

Bonds

thereafter

in¬

1954
1,

1957

due

in

callable

are

of March 1, 1973. Principal and
interest payable at any suitable
as

banking institution designated by
the
successful
bidder.
Legality
approved
by
Dorsey,
Colman,
Barker, Scott & Barber, of Min¬
neapolis.
Chippewa and Kandiyohi Counties
Indep. Consol. Sch. Dist. Nos. 62
and 114 (P. O. Clara
City), Minn.
Bond Sale—The $300,000 school
offered May 25—v. 179, p.

1955

to

awarded

to

Mann-

cost

of

about

2.76%,

a.m.

2.10s.

Due

on

Bond

1965

60,000

to

1972

2.90s.

on

March

\

from 1973 to 1984 inclusive.

p.

County,

County

School

t

Bond

&

about

2.36%,

$130,000 2V4S. Due
1956

to

District

Secretary,

will

1964

1954.

follows:

as

to

Dec. 1 from

on

Dec.

on

tric

revenue

179,

—v.

to

Sale—The

Midland

on

2297—were

bid

a

Bond

reflecting

struction

net

a

v.

1957

to

1966

bonds.

Dated

May 1 from

on

inclusive.

Principal

and

interest payable at a banking
institution to be designated by the
successful

bidder.

Legality ap¬
proved
by
Dorsey,
Colman,
Barker, Scott & Barber, of Min¬
neapolis.
Lindstrom, Minn.
Bond Offering — R. A. Horton,
Village Clerk, will receive sealed
bids until 8 p.m. (CST) on
June, 3
for

the

eral

purchase

obligation

ment

Due

bonds.
Jan.

on

of

$40,000 gen¬
street
improve¬

Dated
1

July

from

1,. 1954.

1957

to

&

Itawamba

1955

1969

to

Briggs, Gilbert, Morton, Kyle &
Macartney, and Moody & Springsted, both of St. Paul.
Moorhead, Minn.
Offering—Paul

Charles

&

Clerk,

will

receive

Cook,
sealed

bids until 8 p.m. (CST) on June 7
the purchase of $165,000 gen¬

for

eral

obligation storm

sewer

bonds.

Dated July 1, 1954. Due on Jan. 1
from 1957 to 1974 inclusive. Bonds
due in
1970
and thereafter are
callable

as

of Jan.

Bond

approved

Trauernicht,

by

St.

of

p.

Hanauer

water

Sale—An
and

son,

2%s and

as

1, 1954. Due
1979

on

3s.

of

sealed

000

&

Bond Sale—An issue of $165,000
building bonds was sold to Beecroft, Cole & Co., of Topeka.

bids until
for the

general

J.

Fry, Jr.,
Clerk, will receive sealed
until 7:30
p.m.
(MST)
on

June 8 for the purchase of $79,428

bonds,

as

bonds.

Lower

banking

at

a

institution to be desig¬
by the succesful bidder. Le¬

gality approved by Briggs, Gil¬
bert, Morton, Kyle & Macartney,
and

St.

Moody & Springsted, both of
Paul.

16

7:30

for

The

.

Mountain

Certificate

.

-i * fJ

'

■

^

'

L

) '

'

bonds

are

dated

June

1964

P.

on

(M-N)

National

sealed bids until 8 p.m.

(CST)

on




Friend, Neb.

Bond

1954.

&

Offering

Sale—An

system

issue

bonds

sealed

of $15,000
sold

to

the First National Bank of Friend.

Clerk,

bids

until

W.

will

8

Mercer

follows:

as

Due

on

July

1

from

bids

June

Dated
1

until

2

1, 1954.

1955

..to

p.m.

Due

1964

on

June

Union, or at the
Bank, New York

Deptford

Township
Verga), N. J.

Bond
view

Sale

were

Co.,

The

—

Water

offered

$28,000

Assessment

May 20—v. 179,

awarded to

New

York

(P.

p.

O.

BondSale

—

The

N. Y-

$1,995,000

building bonds offered May 27—
v. 179, p. 2193—were awarded toa

group composed of the Northern

receive sealed bids until 2:30
p.m.
(DST) on June 1 for the purchase

,

of

Galloway, of New York
Fremont

(P.

O.

Bond Offering

Town

ceive

sealed

(DST)

City.(

Fremont

New

Center),~2

York

Harold Bjork-

—

Supervisor,
bids

will

until

2

re¬

pan.

Oak-

$22,000

at

the

funding bonds.

interest

First

Dated

(J-D)

National

payable
Bank

&.

Trust

Bond

NEW

Bond

of the

National
Sachs

j

2086—

at

100.20,

Bond

Y.

were

$2,165,965.42

of

100.66,

City,
a

&

as
basis

a

&

Manufac¬

Co., Buf¬
Cross, cf

City, jointly,
basis

Union

as

2.90s,

of about 2.81%.
Free

Sch.

(P. O. Elmont), N.
Sale

Dist*

Y.

The

$1,415,000
school and public library
bonds
offered May 25—v. 179, p. 2193—

City Bank, Goldman,
Co., Eastman, Dillon &
Roosevelt

Trust

Roosevelt

Hempstead
16

the

to

Traders

and

to a group com¬
Bankers Trust Co.,

New York

1.86%.

1

&

and

price

pay¬

&

York

awarded

were

of

awarded

turers

falo,

improvement bonds of¬
May 26—v. 179, p. 2298—

posed

Co.,

$80,000 Water District No. 2)
May 26—v 179, p. 2298—

offered

New

YORK

Sale —The

Sale—The $206,000 bonds*
Sewer
District
No.
1

($126,000

No.
>

Galloway, of N. Y. City.

Grand Island (P.O. Buffalo), N. Y.

bonds

Boland, Saffin &
City, as 2%s, at

Cross, all
2s, at a
of

about

>

June 4 for the purchase

on

June
1,
1954.
Due on June
1
from 1955 to 1959 inclusive. Prin¬

were

par.

inclusive.

Principal and interest (J-D)

York, Buffalo,
basis of about

a

1.56%.

and

West

of

(DST)
8 for the purchase of
improvement
bonds.

June

from

Board

New

Heckler &

Bank,

fered

the

Western

cipal and
dated

are

National

Offering—Philip T. Car¬
of

May

Co., Roscoe. Legality ap¬
proved
by
Vandewater, Sykes,

of

Freeholders, will receive

street

offered

Elmira City School District,

of

various

Clerk

$84,000

bonds

1.60s, at 100.17,

lund,

July 1,
Principal and interest (J-J)

County (P. O. Trenton),
New Jersey

Bond

of
as

June 8 for the purchase

on

by

Wood,

Sale—The

p.m.

City.

$680,000

was

and
the

City. Legality approved by Reed,
Hoyt, Taylor & Washburn, of New
York City.

Co.

&

man

tional

War-

Trust

at

William

—

Township

bonds

Chase

Sch.

approved

Delafield

a

Co., both of Buffalo, Roose¬
Cross, Brown Bros. Ham& Co., and R. D. White &

payable at the Union Center Na¬

payable at the City

Bank

Hawkins,

on

water

N.

Principal

payable

1960 inclusive.
The

Principal and in¬

New York

sealed

G.

June 15 for the purchase of
$150,000 electric revenue certificates.

inclusive.

May 1 from 1956 to

Legality

Chosen

■

(J-J)

197,000 local improvement bonds.
Due on July 1 from 1955 to

June

Township

to

Marine

27—v. 179, p. 2298—were awarded
to the Marine Midland Trust Co.

to

1955 to 1969 inclusive.

bonds.

on

Trust

Bond

Principal and in¬

inclusive.

bonds.

p.m.
(DST) on June
purchase of $1,250,000
bonds.
Dated
May
1,

Due

roll,
NEBRASKA

—

1963

Neck

inclusive.

terest

15,

Lake, Minn.

Offering

to

Due

the

velt &

improvement

$225,000
July
1,

July 1 from 1955

Albany, N.

.

Wall, Village Clerk, will receive

on

the

building

20,496 Special Impt. Dist. No. 612
sanitary sewer bonds.
1954.

i

1954.

on

$930,000 bonds,

purchase of $293,-

Offering—Allan

bonds.

payable

of

(P. O. Pennsville), N. J.

35.444

nated

interest

and

(DST)

p.m.

awarded

of

June

on

$733,000 public improvement

field, Secretary of the Board of
Education, will receive sealed bids
until

1969

(DST)

Arthur

improvement

Penns

Salem.

Special Impt. Dist. No. 609
curb, gutter and storm sewer

pal

1

composed

Money. Trust Co., Harris Trust & SavingsLegality approved by Caldwell, Bank, both of Chicago, Braim,
Marshall, Trimble & Mitchell, of Bosworth & Co., Inc., Toledo, F. S.
New York City.
Smithers & Co., New York
City.,
and Doolittle &
Co., of Buffalo, hs
Pleasantville, N. J.
2s, at 100.65, a basis of about
Bond Offering—^Nehemiah An¬ 1.93%.
drews, City Clerk, will receive
Fallsburgh (P. O. South
sealed
bids until 8 p.m.
(DST)
Fallsburg), N. Y.
on
June
7
for the purchase 1 of
Bond Offering — Mortimer
$200,000 school bonds. Dated Jan
1, 1954. Due on Jan. 1 from 1955 Michaels, Town Supervisor, will

receive

by Hawkins, Delafield
Wood, of New York City.

1954.

follows:

$23,488 Special Impt. Dist. No. 608
curb, gutter and storm sewer

1,;1969. Princi¬

J.

group

(J-J) payable at the office

Bond

approved
&

Bond

Billings, Mont.

City

—

2193—were

p.

of the Custodian of School

about

Principal and interest (J-D) pay¬
Long Branch Banking
Company, Long Branch. Legality

Dist.

bids

as

of

inclusive.

Friberger,

Dated June 1,
1
from
1955

MONTANA

Offering—W.

B.

basis

a

(DST)

p.m.

1971

terest

able at the

Valley Park School District, Mo.

Bond

J.

Newark,

of

Offering

June 8

A-O.

MISSOURI

build¬

to

179,

$40,000 funding bonds. Dated
May 1, 1954. Due on May 1 from.
1955 to 1957 inclusive.
Principal,
Hawkins, Delafield & Wood, of
and interest (M-N)
New York City.
payable at the
■> >
South Fallsburg National
Bank,
Union Township (P. O.
South Fallburg.
Union),
Legality approved
New Jersey
by Vandewater, Sykes, Heckler &

Wooding, City Clerk, will receive

Dated

Legality approved by Charles
Trauernicht, of St. Louis.

Co.,

100.06,

Bond

Co., of Jack¬

Interest

$48,000

awarded

—

by

Long Branch, N. J.

April
April 1 from 1955

inclusive.

&

2%s, at
2.87%.

$60,000
system bonds

sold to Lewis &

was

to

issue

sewer

2193—were

1.66%.

Corning City School District, N. Y*
Bond Sale
The $1,904,000
building bonds offered May 25—v.
group

Mainland National Bank of Pleasantville.
Legality approved

ing bonds offered May 25—v. 179,

Pontotoc, Miss.
Bond

Sale—The

8

purchase of
bonds.
Dated

interest

Township Sch. Dist.
(P. O. Hainesport), N. J.

Interest

a

the

Due

to

&

Hainesport

Louis.

?

A.

inclusive.

Legality

ap¬

by Hawkins, Delafield
Wood, of New York City.

refunding bonds was sold to Cady
& Co., of Columbus, as 3%s. Dated
May 1, 1954. Due on May 1 from
M-N.

pay¬

proved

Sale—An issue of $90,000

interest

Arlington, N. J.

1954.

to

Bank

Legality

until

lor

building

&

able at the Closter National
& Trust Co., Closter.

Mississippi
Bond

14

May 25—

Dated Feb. 1, 1954. Due on
Feb. 1 from 1956 to 1984 inclusive.

O. Fulton),

awarded to the Nanuet Na¬
tional Bank of
Nanuet, as 1.70s, at
a price of
100.10, a bbsis of about

Manville

2193—were awarded to

bids

Principal and interest (F-A)

the

The $20,000 im¬
equipment bonds
May 21—v. 179, p. 2192—
—

and

were

in¬

Bond Offering —
George F.
Kearns, Secretary of the Board of
Education,
will
receive
sealed

recon¬

bonds.

St.

1964

Principal and interest
payable at a banking institution
to be designated by the successful
bidder. Legality approved by

Bond

of

and

at

Sale

offered

Due

1974

North Haledon Sch. Dist. (P. O.
High Mountain Road, Pater son 2),
New Jersey

York

until 8 p.m. (DST) on June 9 for
the purchase of
$395,000 building

by

approved

(P.

and

gert, Secretary of the Board of
Education, will receive sealed bids

Interest

Trauernicht,

County

1955

Closter School
District, N. J.
Offering — Herbert Bo-

Louis.

inclusive.

City

inclusive.

Bond

provement

Co., Newark, and Seasongood & Co., all of New York
City, as 2,/ks*
Mayer, of Cincinnati, as 2.90s, at at 100.18, a basis of about
2.48%,^
a price of
100.08, a basis of about
Cortland, N. Y.
2.89%.

15,

2296—were awarded

p.

Hanauer

Principal
payable

1954.

to

composed of Boland, Saffin & Co.,
City, J. B. Hanauer &

Bond

sold to the Equitable Securi¬
Corp., Nashville, as 2s. Dated
April 1, 1954. Due on April 1 from

Legality

from

offered

1,

1955

New York

Co., of Newark,
2.20s, at a price of 100.14, a
basis of about 2.17%.

ties

bids until 7:30 p.m. (CST)
June 8 for the
purchase of

$50,000
building
May 1, 1954. Due

B.

bonds

869.

,

June

$61,000

2086—

p.

$497,000 build- Trust Company of Western New
ing bonds offered May 25—v. 179,1
York, Manufacturers & Traders

as

Bond Sale—An issue of $165,000
special street improvement bonds

sealed
on

179,

J.

MISSISSIPPI

1964

Sale—The

April

from

North

p.

New

179,

Clarkstown (P. O. New
City), N. Y..

Bond Sale—The

Principal

Co.,

18—v.

Hutzler, of New York City, at 6%
interest, plus a premium of $116.-

Bank, Manville. Legal¬
ity approved by Hawkins, Dela¬
field & Wood, of New York
City.

Avon-By-The-Sea, N. J.

awarded

interest cost of about 2.17%.'

to

Trust

'

/

awarded to Salomon Bros. &.

,

National

Legality approved by Cald¬
well; Marshall? Trimble & Mitch¬
ell, of New York City.

Mannheimer-Egan, Inc., of St.

Paul,

15

1

(A-O)

City.

elec¬

$130,000

bonds offered May 25

p.

June

on

inclusive.

Dated

Oct.

clusive.

school bonds.

Due

>

p.m.

bonds.

(J-D) payable at the As¬
bury Park & Ocean Grove Bank,
Asbury Park, or at the Marine

from

1

8

on

municipal bldg. bonds.

1.979

Note

offered May
were

'

par.

Municipal Housing
Authority, N. Y.
Y
Sale—The $4,812,000 notes

ii.!

on

(DST) on June 9 for
the purchase of
$300,000 building

interest

inclusive.

Preston, Minn.
Bond

.

receive

til

street impt. bonds.

dated

2.20s, at

to the

Brewster,,

Buffalo

Offering — Irene Staats,
Secretary of the Board of Educa¬
tion, will receive sealed bids un¬

equipment bonds.
improvement bonds.

are

bonds

National Bank of

Bond

general impt. bonds.

bonds

building

$85,000 water
bonds offered May 25—v,

2192—were awarded

p.

offering

Montgomery Township Sch. Dist.
(P. O. Harlingen), N. J.

follows:

as

an

announced.

May 28,
15, 1954.

Dec.

on

$300,000 bonds,

The

1965 to 1968 inclusive.

Charles

Harbors), Minn.
Offering—J. R. Lindgren,

dated

are

28,000
34,000
15,000
65,000
23,000

Co., of Minneapolis, and Juran
Mood.y, Inc., of St. Paul, jointly,
a price of
100.03, a net interest

A-O.

District (P. O. Two

notes

179,

First

J.-

Canceled—Notice
make

Sale—The

system

be

NEW JERSEY

2085—were awarded to Kalman

&

1955

Lake

The

1954 and mature

$165,000

N.

6i

Brewster, N. Y.
Bond

June 8—v. 179, p. 2193—was can¬
celed. A new date of sale
will

ton, at 0.758% discount.

25.000

was

inclusive.

Due

26,
16, 1954.

intention to

of

$110,000 parking assessm't bonds.

Grenada, Miss.

March 1 from

on

of

May

Dec.

on

Na¬

Legality

as

Bond Offering

discount.

dated

are

Trenton.

Milford School District,

May 27 were awarded to
the Second National Bank of Bos¬

Sale—The $190,000 build¬

1

from 1957 to 1964 inclusive.

40,000 23/4S. Due

to

Rockingham County (P. O. Exeter),
New Hampshire
Note
Sale—The $150,000 notes

ing bdnds offered May 18—v. 179,

as

March

notes

1954 and mature

County Independent School

follows:

$30,000

The

inclusive.

60,000 2.60s. Due

heimer-Egan, Inc., and Caldwell,
Phillips & Co., both of St. Paul,
jointly, at a price of 100.27, a net
interest

1964

awarded

Deposit & Trust

offered

receive

District No. 3 (P. O. Pine City),
Minnesota

Dakota and Goodhue Counties Joint

were

11

were

Safe

First-Mechanics
of

by Hawkins, Delafieid
& Wood, of New York
City.

$75,000 notes

Co., of Boston, at 0.66%

of

Pine

terest cost of about 2.56%.

—

until

May 26

Boston

the

Bank

approved

Principal
banking
Asbury Park, N.J.
institution designated by the suc¬
Bond Offering—J. Oliver Arm¬
cessful bidder. Legality approved strong,
Acting City Treasurer, will
by Faegre & Benson, of Min¬ receive sealed bids until 5 p.m.
neapolis.
(DST) on June 8 for the purchase

cost of

Indep. Consol. Sch. Dist. No. 4
(P. O. Randolph), Minn.
Bond Sale—The $130,000 school
bonds offered May 19—v.
179, p.

the

The

—

at

tional

and interest payable at a

2192

—

will

Sale

offered

Overn,

(CST)
on
June 17 for the purchase of
$250,000 drainage bonds. Dated
June 1, 1954. Due on Dec. 1 from

at

2192

Auditor,
bids

bonds

were
awarded to Piper,
Jaffray & Hopwood, of Minneapo¬
lis, on a bid reflecting a net in¬

Note

y

Offering—Harold

sealed

The

to

Bond

1

to 1984 inclusive.

terest of 1 Vz %

Minnesota

v.-

March

on

thereafter

County (P. O. St. Peter),

1

from 1969 to 1973 inclusive...

150,000

and

Paul.

1

inclusive.

on

1960

able

County (P. O.
Concord), N. H.

approved by Briggs, Gilbert, Mor¬
ton, Kyle & Macartney, of St.

follows:

as

Due

in

HAMPSHIRE

Merrimack

as
of Dec. 15, 1959.
Principal and interest payable at
a
banking institution designated
by the successful bidder. Legality

Prespott & Co., Kalman &
of
Minneapolis,
and
Juran & Moody, Inc., of Sti Paul,
at a price of 100.09, a net interest
both

$120,000

due

NEW

callable

are

J.

Co.,

15, 1954. Due semi¬
from Dec. 15, 1954 to
1964 inclusive. Certifi¬

June

of

composed

group

June

-

awarded to R. L. Day &

Co.,

New York City, as 2.90s, at a price
of 100.009, a basis of about 2.89%.

Hempstead, Wantagh Fire District~
(P. O. Wantagh), N. Y.
B o n d
Offering — Harold J.
Fritscher, District Secretary, will

receive

(DST)
of

sealed
on

bids

until

2

p.m.

June 9 for the purchase

$213,000 fire house construction

bonds.

Dated

June

1, 1954.

Due

(

The Commercial and Financial

Chronicle

Monday, May 31, 1954

...

(2422)

62

Principal and interest
(J-D) payable at the Franklin
National
Bank of Franklin
Square, Bellmore.
Legality ap¬
proved by Hawkins, Delafield &
Wood, of New York City.

clusive.

Y.

(P. O. Webster), N.
Offering

Bond

(P.

1

Central School District No.

Abbott, District Clerk,
sealed
bids until

3

Clerk, will re¬
bids until 3 p.m.
June 10 for the pur¬

sealed

ceive

(DST)

on

$1,800,000 building bonds.
Dated May 1, 1954. Due on Nov. 1
from 1955 to 1983 inclusive. Prin¬

Legality approved by Vandewater,
Sykes, Heckler & Galloway, of
New York City.

(DST)

p.m.

June 10 for the pur¬
$200,000 water bonds.

on

of

chase

re¬

2

until

bids

sealed

ceive

will

Supervisor,

Town

a

and interest (J-J) payable
at the Tompkins County Trust Co.,
Ithaca.
Legality
approved
by
cipal

&

Heckler
Galloway, of New York City.
Sykes,

Vandewater,

bids

sealed

the

for

Offering

—

(DST) on
June 2 for the purchase of $2,980,000 building bonds. Dated June 1,
1954. Due on Dec. 1 from 1955 to
1983 inclusive. Principal and in¬
sealed bids until 4 p.m.

terest

payable at the First
of Hudson Falls.

(J-D)

National

Bank

Legality

approved

Delafield

&

by

and

water

$28,000

bonds.

sewer

1957 to

1 from

June

on

bonds

The

payable in New York City. Le¬
gality approved by Reed, Hoyt,
Taylor & Washburn, of New York
City.
OHIO

Sale—The $300,000

Bond

School

O. West

179,
awarded to the

2193

p.

—
were
Trust Company

Marine

of West¬

Buffalo, and R. D.
New York City,

New York,
White
&
Co.,

ern

100.60, a

at a price of
basis of about 2.43%.

Mohawk

Common Sch. Dist. No.

jointly,

2V2S,

as

O. Amsterdam),

(P.

Bond Sale—The

I

Commissioners, will receive
sealed bids'until noon (EST) on
county hospital bonds. Dated

000

Due on Dec. 1 from
1979 inclusive.
Principal

June 1,

1954.

to

1955

interest

and

(J-D) payable at the

2.56%.

Offering

Ehlers,

1955

to

Due

Principal

inclusive.

1964

and interest

Dec. 1 from

on

(J-D) payable at the

Bradford National Bank of Brad¬

New York

Note Offering—Philip J.

Cruise,

receive

will

Chairman,
bids until 11

a.m.

Due Dec.

Celina

sealed

(DST) on June
1 for the purchase of $36,090,000
issue XCV notes. Dated June 28,
1954.

27, 1954.

acquisition
awarded
of

Bank
at

the

Mount

May 21

The

bonds
on

Vernon,

1.30s,

as

are

June

dated

1,

June 1 from 1955 to

inclusive.

1959

Principal and in¬
terest (J-D) payable at the First
National
Bank, Mount Vernon.
Legality approved by Hawkins,
Delafield & Wood, of New York
City.
1

Port

,

Ewen

■

■

Fire

V-'

'

.District

Offering—John

Treasurer,

R.

will

Short,
receive

sealed bids until 2 p.m. (DST) on
June 3 for the purchase of $64,000

bonds.
on

as

2s, at

a

price of 101.08,

Dated March 1, 1954.

Due

March 1, 1955 to 1968 inclusive

Bond

Sale—The $675,000

from

1

interest

and

payable at the First Mason
of
Mason.
Legality ap¬

by Peck,

proved

No.

Village Clerk, will receive sealed
bids until noon
(EST) on June
7 for the

itary

purchase of $69,000 san¬

storm

and

bonds.

sewer

the Willard United Bank,

at

Squire,

Sanders

basis of about 2.43%.

a

Offering—Henry A. Rees,

Director

sealed

of

bids

Finance, will receive
noon
(DST) on

000

ment

Due

purchase of $250,-

city's portion street improve¬
bonds.
on

Oct.

Dated
1

July

from

inclusive. Bonds due
thereafter

1,

are

1,

1955

in

callable

to

1970

as

1954.
1979

and

of April

Oberlin
Bond

School

District,

ton,

May '27

will

2V2s, at 100.42,

as

a

June

Other

members

of

Brothers,

the

group:

Blair, Rollins & Co., Inc., Phelps,
Fenn & Co., R. S. Dickson & Co.,

of

$44,000

for

No.

Clerk

Ruby Grant,

gas

Comanche

will

p.m.

Due

system bonds.

(CST) on June 1 for
of $8,800 building

purchase

and furniture bonds.
from

Due serially

1956 to 1963 inclusive.

Dist. No. 4

Ohio

of 100.78, a basis

Offering

Bond

Independent Sch.
(P. O. Enid), Okla.

Offering

—

Charles

E.

Campbell, District Clerk, will re¬
ceive

(CST)
of

sealed
on

bids

until

8:30

p.m.

May 31 for the purchase

$25,000 gymnasium and equip¬

ment

Of the

bonds.

2194

p.

awarded to the

were

—

United

National

States

of

Bank

Portland.

Dist. No. 9

County Sch.

(P. O. Route 4, The Dalles),
Oregon
Sale—An issue of $34,000

Bond

bonds

building

sold

was

National

States

to

the

3ank

of

Portland.
Wasco

County Sch. Dist. No. 14 C

(P. O. Route 3, The Dalles), Ore
Offering

Bond

Earl Tenold

—

will receive sealec

—

Ben Malang,

(CST) on June 1 for the pur¬
of $29,000 building bonds.
serially from 1958 to 1963

Bond Offering—N. E.

7-.:~

will receive sealed

and

lows:

Township Sckool DistrU

(P. O. Cornwells Heights), Pa.
Offering

Bond

sealed

bids

June

2

until
for

(

of the Boar

Directors,

School

of

Norman

—

Secretary

Gaugler,

on

$49,000 sewage disposal and sewer
bonds. Due serially.from 1957

improvement bonds.

Bensalm

bids until 7:30

(CST) on June 2 for the pur¬
chase of $219,000 bonds, as fol¬

p.m.

Robinsor

Secretary of the Board of Di
rectors, will receive sealed bid
until 8 p.m. (DST) on June 1 fo
the purchase of $30,000 buildin

Offering—The City Clerk

Bond

i

PENNSYLVANIA
Alden School District, Pa.

Board of Education,

Waynoka, Okla.

(P. O. Lawton), Okla.
Offering — Mrs. Jack L.

7 p.m.

until

build¬

ing bonds offered May 24—v. 179,

Indep. Sch. Dist.
(P. O. Tulsa), Okla.

inclusive.

Sharp, Clerk of the Board of Edu¬
will receive sealed bids

Sale—The

as 2V4S, at a price
of about 2.17%.

12

County Dependent Sch.

cation,
the

works

water

chase

Dist. No. 48

Bond

Bond Sale—The $400,000

,

sealed County Treasurer's office. Legal¬
ity approved by Winfree, McCul
system loch, Shuler & Sayre, of Port¬

will receive sealed bids until 7:30

receive sealed
(CST) on June
purchase of $112,000

the

No. 2-U

County

Bond

1

County School District
(P. O. Box 157,

Umatilla

land.

Tulsa

Carmen, Qkla.

Clerk,

In¬

the purchase

bonds.

OKLAHOMA

—

receive

bids until June 1 for

Co., all of New York; National

Offering

1, 1965 inclusive.

1954 to Dec.

District Clerk,

will

Clerk,

City

Eldredge & Co., Hemphill, Noyes

Bond

re¬
p.m.

bids until 5 p.m. (PST) on June
$5,000 building repair bonds.
2,000 transportation equipment 2 for the purchase of $45,00(
bonds.
' v.^; „
building bonds.
Dated June 1
1954.
Due on July 1 from 195f
Seiling, Okla.
to
1964 inclusive.
Principal anc
Bond Offering — R. D. Collins, interest
(J-J)
payable
at
th<

of New York;

&

Superintendent- of Schools,
receive
sealed
bids
until
3 for the purchase of $7,000

bonds, as follows:

basis of about

Lehman

5

Due

United

Offering—Douglas Hamil¬

Bond

until

bids

of

Wasco

1956 to

inclusive.

1962

p.

Garfield County

Vandewater, Sykes, Heckler
Galloway, of New York City.

Co.,

The bonds mature from

2087—were awarded
to
a
group
headed by Halsey,
Stuart & Co., Inc., New York City,
179,

Wichita, and
Oklahoma City,

Oklahoma

fire station bonds offered
—v.

build¬

Kansas,

&

will

Recorder,

Pilot Rock), Ore.

$52,000

Pittsburg County Dependent School
District No. 88 (P. O. Haywood),

Ohio

City

terest J-D.

jointly.

to

1970. Interest A-O.

of

Honnold

$2,730,000 street
improvement and

and

widening

until

June 7 for the

Co.

ties

\

(PST) on June 7 for the purchase
$69,279.14 improvement bonds.
semi-annually from Dec. 1,

I.

ing and site bonds offered May 24
were awarded to the First Securi¬

Bond Sale—The

natural

Lakewood, Ohio
Bond

Sale—The

2s.

as

awarded to the
Bank, of

National

sealed

ceive

Oklahoma

approved
by
& Dempsey, of

Youngstown,

H.

were

—

States

Roseburg, Ore.
t; .
Bond Offering — Mildred Hen¬

inclusive.

1964

to

Bond

Legality

Cleveland.

to

Ore.
$22,500 build¬

Sale—The

nessey,

build¬

B, Portland),

135

Portland,

Payne County Dependent School
District No. 51 (P. O. Cushing),

Hessler,

bids until 7:30 p.m.

100.73,

United

The bonds mature serially from

Willard, Ohio
C.

awarded

2298—were

p.

2194

p.

Josey & Co., of Oklahoma City.
1956

Offering—C.

Bond

$50,000

County School District
(P. O. Route 1,

ing bonds offered May 24—v. 179,

ing bonds offered May 25—v. 179,

Shaffer & Wil¬

liams, of Cincinnati.

Town

at

Box

Bond

Indep. Sch. Dist.

Sale—The

Bond

Legal¬

19 Joint

No.

Wayne

(P. O. Eufaula), Okla.

I

(J-D) payable at the

loch, Shuler & Sayre, of Portland.

purchase of $15,-

Mcintosh County

build¬

21/2s,

as

the

1965

ity approved by Winfree, McCul-

000

1,

Principal

of

jointly,

for

1

p.m.

Due on June 1 from
inclusive. Principal

1954.

to

interest

and

Young, Superintendent of Schools,
receive
sealed
bids
until

1954. Due
1955 to 1978 in¬

Farmers & Traders National Bank

Hillsboro,

June 1,

will

June

June

Dated

Dec.

ing bonds offered May 20—v. 179,
p.
2087—were awarded to J. A.
White & Co., Cincinnati, and the

$575,000 build¬
ing bonds offered May 21—v. 179,
p. 2194 — were awarded to the
First Cleveland Corp., Cleveland,




School Dist.,

8

(PST) on June 1 for the purchase
$30,000 building bonds. Dated

of

Multnomah

Offering—J.

Bond

Mullaney, Wells & Co., of Chicago.

Principal and interest (M-S) pay¬
able at the Kingston Trust Co.,
Kingston. Legality approved by
&

v.

—

until

bids

sealed

ceive

F.

will re¬

County Treasurer's office.

City), Okla.

City Bank, of Cleveland; Kanower,
MacArthur & Co., of Detrlit, and

Hillsboro Citv Sch. Dist., Ohio

.

Dist.

(P. O. Port
Ewen), Town of Esopus, N. Y.

Bond

build¬

$20,000

basis of about 1.80%.

were

National

First

par.

1954. Due

Sale—The

Bond

The $40,000 land
and
public parking

to

May 20

District Clerk,

Molthan,

1956

equipment

transportation

Kay County Independent School
District No. 84 (P. O. Kay

Ohio 2.45%.

District,

—

offered

bonds

area

School

ing bonds offered May 25—v. 179,
p.
2194—were awarded to J, A.
White & Co., Cincinnati, and the
First
National
Bank
of
Celina,
a

Sale

City

jointly,

North Pelham, N. Y.

Bond

,

legality approved by Peck,
of Cincinnati.

Shaffer & Williams,

serially from 1957

County School District

(P. O. Ironside), Ore.
Bond Offering — Adeline

1962 inclusive.

4,000

water

(DST) on June 4 for
purchase of $60,000 building

the

water
works improvement bonds. Dated
1, 1954.

bonds. Due

1955 to

from

1

No. 5

until 8 p.m.

for the purchase of $10,000
June

furniture

Malheur

bonds, including $11,000 re¬
mam, Clerk of the Board of Edu-, pair
and equipment and $4,000
cation, will receive sealed bids' transportation equipment bonds.

able

G.

R.

—

p.m.

follows:

as

and

Feb.

on

Principal and in¬
(F-A)
payable
at
the
County Treasurer's office. Legal¬
ity approved by Winfree. McCulloch, Shuler & Sayre, of Portland.

bonds. Due in 1957 and 1958.

Offering—Richard Dough-

Willard.

Village Clerk, will receive sealed
bids until noon (EST) on June 3

City Housing Authority, ford.

New York

4

Due

inclusive.

1962

I

Legal¬ Dated April 15, 1954. Due on Oct.
ity approved bty Peck, Shaffer & 15 from 1955 to 1971 inclusive.
Williams, of Cincinnati.
Principal and interest (A-O) pay¬

Bond

repair

to

2087.

Bond

bonds,

$15,000

$11,000

16

County Treasurer's office.

$215,000 school

Manufacturers &
Traders Trust Co., Buffalo, jointly,
as 2.60s, at 100.32, a basis of about

until

Education

of

Ohio

purchase of $135,-

June 4 for the

Bradford, Ohio

the

and

City,

First

1954.

terest

June 1 for the purchase

,

$10,000

the

for

bonds offered

179, p.

(J-D)

of

N. Y.

building bonds offered May 27—
v.
179, p. 2298—were awarded to
Roosevelt & Cross, of New York

to the

awarded

of

Sold—No bids were

Not

Bonds

submitted

Bank

Offering—H. C. Markins,
the Board
of County

Bond

Clbrk

build¬

179, p.

on

$325,000

of

purchase
building bonds.

clusive.

Union), Ohio

ing bonds offered May 25—v.

the

for

on

Adams Coupty (P.

New York

May 24—v.

(CST)

Clerk of the

by the

of Education until June

bonds.

Hawkins,

(P. O. Lancaster),

received

be

Board

1,

June

dated

are

Principal and interest (J-D)

1954.

City.

District No. 4

offered

2298—were

bids will

Bond Offering—Sealed

South Lebanon Local

inclusive.

1964

Wood, of New York

Lancaster and Cheektowaga

Sale—The $6,000 building

Bond

bonds

Saybrook Local School District
(P. O. Ashtabula), Ohio

main

20,000 street improvement bonds.
Due on June 1 from 1957 to

receive

Dube, District Clerk, will

C.

A.

Solon, Ohio

1964 inclusive.

Bertram J.

of

County Indep. Sch. Dist.

(P. O. Mannsville), iOkla.

7

Cham¬

Offering-—Esther

Clerk, will receive
sealed bids until 8 p.m. (PST) on
June 1 for the purchase of $16,000
building
bonds. Dated June
1,

&

follows:

as

Due

N. Y.

(P. O. Hudson Falls),
Bond

(EST) on June
purchase of $48,000

leigh, until 11 a.m.
1

Argyle, Moreau and Queensbury
Central School District No. 1

in Ra¬

his office

at

Albany), Ore.
Bond

—

ling, Secretary of the Local Gov¬
ernment Commission, will receive

bonds,

Kingsbury, Fort Edward, Fort Ann,

Easter-

E.

Offering—W.

Bond

Ccunty School District No. 20
(P. O. Route No. 2, Box 341,

bers, District

Board

Reidsville, N. C.

1954. Due on July 1
1955 to 1986 inclusive. Prin¬

Dated July 1,
from

No.

Due

inclu¬

1966

to

OREGON

inclusive.

Johnston

1956

Linn

$5,000 transportation equipment
Due serially from 1957 to

1959

re¬
p.m.

bonds.

building

will

May 31 for the purcnase

on

8

sive.

Schools,

of

Until

June 2 for.the purchase

$56,900

Ford,

L.

C.

—

will

Clerk,

bids

serially from

Miller & Co., Wm. J,«j State* Bank of Tishomingo.
Co., all of Cleveland,
Pohl & Co., and Seasongood & Kay County Indep. Sch. Dist. No. 84
(P. O. Kay City), Okla.
Mayer,
both
of Cincinnati, as
Bond Offering—Sealed bids will
2%s, at a price of 100.71, a basis
be receive by the Clerk of the
of about 2.65%.

2s, at
about

jointly, as
price of 100.04, a basis of

on

of

Hayden,

.99%.

i

(CST)

$1,000,000
offered May

composed

group

a

Mericka

Greensboro, and

Co., of Durham,

sealed

bonds.

Allyn & Co., Chicago, Field, Rich¬
ards & Co., First Cleveland Corp.,

Securities Corp.,
J. Lee Peeler &

Vance

che

Offering—Harry N. Gor¬

Bond

don,

to

May 25—
awarded to

179, p. 2298—were

ceive

The

—

District

derliter,

receive sealed bids until 7:30 p.m.

179, p. 2194—were awarded

26—v.

Offering

Superintendent

of

series B school bonds

building bonds offered
vf.

Ithaca, N. Y.

Sale

Bond

O.

McCurtain), Okla.
Bond

and

City School District, Ohio

Parma

Independent School

District No. 37 (P.

b,y Peck, Shaffer & Wil¬

proved

$65,000 school

Sale—The

Bond

for

Haskell County

interest
(J-D) payable at the Oxford Na¬
tional Bank, Oxford. Legality ap¬
Principal

clusive.

Orange County (P. O. Hillsboro),
North Carolina

7

(CST)

purchase of - $1,100,000
bonds. Dated June
1,
1954. Due semi-annually on June
1 and Dec. 1 from 1955 to 1977 in¬

CAROLINA

NORTH

cipal and interest (M-N) payable
at the Union Trust Co., Rochester.

June

Dependent Sch.

Dist. No. 9 (P. O. Quinlan), Okla.
Bond Offering — Leonard Hin-

the

building

& liams, of Cincinnati.

Sykes, Heckler
Galloway, of New York City.
Vandewater,

chase of

will receive sealed
until noon (DST) on June 3

for

p.m.

Legality approved by

Rochester.

the

$20,000 water works system bonds.

Principal and interest (J-D) pay¬
able at the Union Trust Co. of

District

Kinley,

Town Clerk
purchase 01

the

by

bids

(DST) on June 7 for the

Offering—Mrs. L. B. Mc-

received

until

purchase
of $335,000
improvement bonds.
Irondequoit Central Sch. Dist. No. 3 Dated June 1, 1954. Due on Dec.
(P. O. Rochester), N. Y.
1
from
1954 to
1983 inclusive.
Bond

be

will

District Clerk,

will re¬

ceive

Bond Offering—Sealed bids

Offering—Ann R. Sloane,

Bond

•

H.

Dorothy

—

Oxford), Ohio

O.

Woodward County

Goltry, Okla.

Oxford-Hanover Local Sch. Dist.

Walworth

Webster, Ontario and

1974 in¬

from 1955 to

1

June

on

9

the

will

receiv
p.m.
(DST
purchase (

$220,000i general obligation scho(
bonds.

1972 inclusive.

44,000 water bonds. Due serially
from 1957 to 1970 inclusive.
126,000

serially frQ.ni 1957 to 1974

inclusive.

(The above offering was origi¬
nally scheduled For-May 19.)

(P. O■

Bradford), Pa.

light distribution bonds.

Due

Bradford Twp. Sch. Dist.

Bond

Sale—The

$76,000 buile

26—v. 17!
awarded to th

ing bonds offered May
p.

2194

—

were

Citizens

National Bank of Brae

ford, as

1.60s, at 100.014.

Volume 179

Number 5329

The Commercial and Financial Chronicle

...

(2423)
Erie Sewer Authority (P. O. Erie),

Lynch, Fauset, Steele & Co., S. K.
Cunningham & Co., and Hulme,
Applegate & Humphrey, Inc., all

Pennsylvania

„

Bond

Sale

The

$5,300,000
sewer revenue bonds offered May
27—v. 179, p. 2299—were awarded
to a group headed by the First
>

—

of

Corp., New York City, at
price of par, a net interest cost

of about

2.82%,

June 1 from

on

550,000 2s.

Due

from

1964

1966 inclusive.

to

325,000 214s. Due

on

2,400,000 27'ss.

Bond

Due June 1, 1984.

June

on

j954.

8

the

for

Dated

June

on

T.

1

of

im¬

June

from

1,

1955

Principal and
payable at the City Treas¬

office.

Legality approved
by Townsend, Elliott & Munson,
of Philadelphia.
Lansdowne, Pa.
Bond

Offering

Glenn,

3.82%,

sealed

Margaret S.
Secretary, will

bids

until

8

p.m.

The

.

(DST) on June 1 for the purchase
$75,000 general obligation
building and improvement bonds.

follows:

as

to

July 1 from

on

1959 inclusive.

bonds

dated

are

Moore, Leonard &

City,

business

indexes

Clarksville. Legality approved
by Chapman & Cutler, of Chicago.
Additional Offering — Sealed
bids will be received until 11 a.m.

(CST)

the same day (June 11)
for the purchase of $250,000
hospi¬

Total

1953

1954-

1953

1954

Apr.

Apr.

Mar.

Apr.

1T23

123

136

+ 123

125

136

+ 124

124

133

+ 124

127

139

+ 135

135

155

+ 138

140

159

+ 113

113

121

+ 111

114

118

+ 112

_

.

Mar.

113

115

+112

110

115

Apr.

production—

tal bonds. Dated May 1, 1954. Due

Total

.

Durable

—

Nondurable

-

*

_

-

Minerals
*

Major consumer durablesTotal

143

120

+ 124

—

152

127

+ 129

i

2

Construction contracts, value—

Residential

;

%

Employment

payrolls—

and

179

t

194

205

179

i

216

210

182

X

v__:—-

_

All other
s

191

205

+

'Total

173

t

180

113.8

+109.7

109.4

+ 102.7

103.9

113.9

+ 101.6

103.6

112.7

110.8

125.0

+

+95.3

S5.8

100.9

t

the

at

_

—

109.(p

111.2

125.0

+92.8

94.6

98.3

until June

152.0

♦134.7

1138.4

85

97

81

79

96

valUe—

♦107

105

110

HOG

89

104

submitted

Department store stocks, value-

X

121

125

i

12b

132

provement bonds offered

.

carloadings

Freight

Department store sales,

.

_

_

comprehensive revision of

Bviil be presented in
3f

total
2

consumer

Construction

second
s

Dn

month,

The

data

179,

W. Dodge data

of F.

the

indexes

revisions

to

a

^Preliminary.

♦Estimated.

1353

and
The

moving

figures

compiled

are

employment

on

by

based

and payrolls

levels.

1
J.

(DST)

1953
Mar.

Apr.

104

136

1953

♦Apr.

Mar.

Apr.

109

109

147

169

151

153

138

120

121

1955

142

146

139

164

126'

147

128

132

Electrical

195

170

173

199

171

190

181

180

198

153

Transportation equipment

174

Instruments

138

—

and

X

and

miscellaneous—

and

Furniture

to

1973

National

inclusive.

Bank

of

Bos¬

Boston.

be

received

the

Clerk

of

the

141

155

Board

122

130

128

134

116

120

X

117

126

for the purchase of $85,000 school
auditorium bonds.

134

129

.

116

121

132

124

119

101

106

121

141

12G

131

140

of

by

X

104

Manufactures:

Textiles and
Textile

leather

and

Rubber

Leather

91
.

102

X

103

116

$

102

120

102

-r_

X

112

137

X

X

93

104

124

123

125

Education

until

July 12

Highmore, S. Dak.
Bond

and

coal

109

110

107

107

121

116

140

X

100

104

126

126

123

119

m

120

121

121

123

139

144

138

142

144

street

145

143

145

149

150

132

144

prods.—

131

'

134

•

.

134

135

136

Bond

improvement bonds.

'

f

Petroleum

products.

Food, beverages and tobacco
Food

and

Tobacco

beverage

manufac..

.

122

123

131

118

121

127

106

106

103

98

98

100

107

107

H03

98

98

99

X

x

•103

X

X

104

'

,

TENNESSEE

'

manufactures—

Minerals:

.Coal

Crude

Metal,

oil

tional

Bank,
&

113

58

and natural gas

stone

and

62

eartti min.

114
/

115

113

114

75

53

61

74

erland

the

of

Bank,

of

Co.,

&

group

Chicago

of

St.

W.

Louis,
H.

W.

E

Morton

&

Co., of Toledo, Sills
Harris, of Chicago
Harkness
&
Hill, o

&

Dwinnell,

Boston, and Wood, Gundy & Co..
Inc., of New York.

Fridley & Hess, of Houston, A
G.

Edwards & Sons, of St.

Prescott

&

141

138

Offering

95

121

138

133

112

121

.

.

INot available.




Due

Dated

June

1,

June 1 from 1955 to

inclusive.

Principal and in¬
Montpelier
Bank, Montpelier.
Le¬
gality approved by Peter Giuliani,
of Montpelier.
payable

at the

VIRGINIA
Henrico

County, Tuckahoe Sanitary
District (P, O. Richmond), Va.
Bond Offering—J. Gordon Ben¬

mission
ceive

on

Local

sealed

Debt,

bids

will

re¬

his

at

office,
Room 222, Finance Building, Cap¬
itol Square, Richmond, until noon
(EST) on June 9 for the purchase 1
of $3,950,000 water and sewer con¬
struction
1954.
1979

bonds.

Due

Dated
May 1,
May 1 from 1956 to

on

inclusive.

Principal and in¬
(M-N) payable at the State-

terest

Planters Bank & Trust

Co., Rich¬
at the Bankers Trust Co.,
York
City.
Legality ap¬
proved by Wood, King & Dawson,

mond,

or

New

of

New

York

City.

Lynchburg, Va.
Bond Offering—Owen

ford,

City

Clerk,

L. Brad¬

will

sealed bids until 5 p.m.

receive

(EST)

June 9 for the purchase of
000

public

from

1

1956

1954.
to

Due

1980

bonds.

on

Principal and interest (J-D)

City,

or

June

inclusive.

able at the Chase National
New York

on

$3,000,-

improvement

Dated June 1,

pay¬

Bank,

at the Lynch¬

burg National Bank & Trust Co.,

Lynchburg. Legality approved by
Wood,

King & Dawson,

of New

York City.

DIVIDEND

NOTICE

m

McClung & Knickerbocker, of
Houston, Barret, Fitch, North &

GO

Co., of Kansas City, J. M. Dain &
Co., of Minneapolis, McDougal &
Condon, of Chicago, Henry-Seay
& Co., of Dallas, Fulton, Reid &
Co., of Cleveland, Breed & Harri¬
son,
Inc., of Cincinnati, Eppler.
Guerin & Turner, of Dallas, Lentz,
Newton & Co., of San Antonio,
and
Henry Dahlberg & Co., ol

Bond Sale—An issue of

works

water

bonds

was

and

sewer

$259,000
system

"k D"<

of Texas, Dallas, as
2V2s, 2%s, 3V2s and 3%s, at par.
Dated May 1, 1954.
Due serially

1955

Tenn.

—

J.

to

1984

inclusive.

Le¬

gality
approved
by Dumas,
Huguenin & Boothman, of Dallas.

bids until
II

for

10

the

a.m.

(CST)

purchase

revenue

1, 1954. Due

on

of

bonds.

Jan.

on

June

$300,000

Dated

1

Jan.

from

1956

quarterly dividend of SlVnt per

Common Stock of the

Corporation

payable June 10,1954 to share own-'
ers

of record at the close of business

Salt Lake City School District, Utah
Bond

Offering

Clerk-Treasurer

—

of

R.
the

Y.

Due

of

Feb.

1

froi(n 1955 to

inclusive.

Principal and in¬
(F-A) payable at the office

terest

the

Treasurer of the

company
may

on

be

chaser.

or

in

at

a

New

designated

bank
York

by

Board
or

of

trust

City
the

Charles R Hart

Gray,

Board

Education, will receive sealed bids
until 7:30 p.m. (MST) on June
2 for the purchase of $4,400,000
building bonds.
Dated July
1,

of

Revenue, will receive sealed

A

share has been declared on the

May 27, 1954.

UTAH

1969

Hartwell

Dividend Notice

sold to the Central In¬

Co.

vestment

Education,

133

101

141

101

Offering—Hazel H. Petty,

Louis

Co.,

of
Cleveland
Stranahan, Harris l& Co., of Tole¬
do, A. Webster Dougherty & Co.
of Philadelphia, Dempsey-Tegeie:
&
Co., of St. Louis, McMaste:
Hutchinson & Co., of Chicago, H
V. Sattley & Co., of Detroit, Her¬
bert J. Sims & Co., of New York,
and Farwell, Chapman & Co., of
Chicago.
1

and

sewer

♦Preliminary.

June 1 from

on

& Co., all of New York, McDonalc
& Co., of Cleveland, Ryan, Suth¬

Marable, Commissioner of Finance
115

—1
_

_

1

Goldman, Sachs & Company, Kid¬
der, Peabody Company, both ol
New York, Alex. Brown & Sons
of Baltimore, Dean Witter & Co.
of San Francisco, Boatmen's Na¬

1954.

Clarksville,
Bond

"Mineral fuels

June

on

inclusive.

members

Jaffray & Hopwood, of
Minneapolis, as 2.70s, at 100.30.

138;

Paper and allied products.)—
Printing and publishing
Chemicals and petroleum prods.
allied

Due

1974

National

from

Sale—An issue of $15,000
bonds
was
sold
to

Lead, S. Dak.
Offering—Elmer Thorpe,
City Treasurer, will receive sealed
bids until 10 a.m. (CST) on June
I for the purchase of $25,000

products—

and

108

94

t

101

Paper and printing——

Chemicals

109

products—

products
and

113

91

*

products.—:

Apparel and allied productsRubber

2V2S.

Piper,
96

95

apparel—.

mill

Ludlow, Vt.
Bond

nett, Secretary of the State Com-/

inclusive.

Floydada, Texas

125

127

Principal

approved by Storey, Thorndike,
Palmer & Dodge, of Boston.

June 1 from

on

1964

to

Other

First

Bond Offering—Sealed bids will

auditorium
Nondurable

1972

Eureko School Dist., S. Dak.

167

139

118

inclusive.

DAKOTA

134

.

1974

Tucson.
SOUTH

127

123

103

fixtures

manufactures-

Miscellaneous

1959

First

131

139

.

X

products.—

Furniture

.

122

Stone,

Lumber

June 2 for the purchase

Legality approved by Storey,
Thorndike, Palmer & Dodge, of

150

163

to

1,720,000 Is. Due

139

166

—

noon

refunding
bonds.
June 1, 1954. Due on June

173

120

139

glass & lumber products.
clay & glass products..

Finance,

141

147

105

125

Clay,

of

ton.
-Unadjusted
1QS4

118

____—J—

on

from

the

Nonelectrical

Machinery

Director

$150,000

1

J X

♦Apr.
—

ISLAND

Principal and interest payable at

production

Seasonally Adjusted
——

Primary metals—
Metal fabricating
--7—
Fabricated metal products.—

im¬

May 19

will receive sealed bids until

Dated

average=100>

(1947-49

Manufactures:

$48,000

Bond Offering—Edward F. Mc-

of

available.

$Not

were

2088.

p.

Loughlin,
or

1947-49 base for comparative purposes.

industrial

Durable

at

I

payrolls

benchmark

centered

averages,

States.

37 Eastern

for

Statistics.

first-quarter

Total index converted to

3-month

on

employment

of

of Labor

Bureau

the

Central Falls, R. /.

based

indexes

Sold—No bids

for

RHODE

goods output.

contract

unadjusted

of

Incorporate
*

durable

Not

index of major consumer durabV goods oii+nut

the

1954 Federal Reserve Bulletin, together with a new index

the May,

bids

Yardley, Pa.
Bonds

—v.

iA

Co., Chicago/
price of 100.26, as follows:

E.

purchase of
bonds.

83.

Payrolls, total——
*

a

Trust

from 1965 to 1971 inclusive.

for the

10

building

to

interest payable at the First
National Bank of Boston.
Legality

syndicate headed by

a

Northern

1,

Turtle Creek School District, Pa.
Bond Offering—Robert Watson.

$100,000

1960
and

terest

—

$3,975,000 4s. Due

Callable

iealed

{DST) on June 3 for the purchase
$915,000 refunding bonds. Dated
July 1, 1954. Due on July 1 from

National

Indep. Sch. Dist., Texas

awarded to

of July 1, 1959. Interest J-J.

Directors, will receive

re¬

p.m.

bonds.

Hutton

inclusive.

2

on

a

Sale
The $9,830,00(
improvement bonds offeree
May 25 — v. 179, p. 2300 — were

Secretary of the Board of School

1

Durable
Nondurable

1973

to

until

1954.

or

Chicago.

Fairman

113.1

110.7

+ 110.1

total—

total—-

Employment,

1955
as

bids

refunding

Nashville,

school

July 1 from

on

Raymond

of

American

Co., both of New York, First Na¬
Snyder, Borough Secretary, will tional Bank, of Dallas, Bache 8
receive sealed bids until 6:30 p.m. Co., of New York, Stern Bros. 8
(EST) on June 16 for the pur¬ Co., of Kansas City, Milwaukee
chase of $80,000 street construc¬ Co., of Milwaukee, Tripp & Co.
tion and drainage bonds. Dated Rand & Co., Shelby Cullom Davi:

-

+ 109.0

Nonagricultural empl.,

First

Bank,

Dallas

202

Manufg. production workers-

the

at

Bond

Stroudsburg, Pa.

July 1, 1954. Due

*

sealed

1970

Legality approved by
Townsend, Elliott & Munson,, of
Philadelphia.

Harold

ceive

Principal and interest (M-N)

TEXAS

Dated July 15, 1954. Due
July 15 from 1956 to 1968 in¬

—

G.

—

Stimets, City Treasurer, will

Town Treasurer, will receive
sealed bids until 7 p.m. (DST) on
June 9 for the purchase of
$62,000

School District, Pa.

Offering

Offering

of

clusive.

Bond

Burlington, Vt.
Bond

May 1 from 1972 to 1978 inclu¬

sive.

4,135,000

Manufactures—

VERMONT

approved by Chapman & Cutler

(DST) on June 7 for
purchase of $135,000 building

on

Unadjusted-

Seasonally Adjusted

on

National

until 8 p.m.
the

in
as

the office of "the Commissioner 0
Finance
and
Revenue.
Legality

bonds.

average—100

1947-49

Industrial

System

due

callable

in

1954.
Pottstown

are

or

payable

July

Bonds

at the office of the Com¬
missioner of Finance and Revenue

Bond
Offering — Linford F.
Moyer, Secretary of the Board of
Directors, will receive sealed bids

Board of Governors of the Fed. Reserve

inclusive.

Principal and in¬
terest (J-J) payable at the Chem¬
ical Bank & Trust
Co., New York

of

composed of Blair, Rol¬

1983

1966 and thereafter
of Jan. 1,1965.

on

20,000 3.45s. Due July 1, 1973.
20,000 3y2s. Due July 1, 1974.
600,000 3.80s. Due July 1, 1989.

—

Borough

receive

net interest

a

10,000 2y2s. Due July 1, 1960.
10,000 2.60s. Due July 1, 1961.
10,000 2.70s. Due July 1, 1962.
15,000 2.80s. Due July 1, 1963.
15,000 2.90s. Due July 1, 1964.
15,000 3s. Due July 1, 1965.
15,000 3.10s. Due July 1, 1966.
15,000 3.15s. Due July 1, 1967.
15,000 3.20s. Due July 1, 1968.
15,000 31/4S. Due July 1, 1969.
20,000 3.30s. Due July 1, 1970.
20,000 3.35s. Due July 1, 1971.
20,000 3.40s. Due July 1, 1972.

(DST)

purchase

obligation

com¬

1956.

receive

a.m.

group

$17,000 3y2s. Due July 1, 1955 and

inclusive.

nterest

urer's

will

11

bonds,

Due

1969

to

until

general

provement

$150,000 gen¬
eral obligation bonds offered May
20—v. 179. p. 2187—were awarded
group

cost of about

1957 to

Lawrence

—

Clerk,

bids

$500,000

Farrell, Pa.

a

City

sealed

Sale—The

lins & Co., Inc.,

Offering

Burns,

a

Halsey,

30,000 314s. Due

members of the group:
Harriman Ripley & Co., Inc., Blyth
& Co., Smith, Barney & Co., Union
Securities Corp., all of New York;
Central Republic Co., of Chicago;
W. E. Hutton & Co., Roosevelt &
Cross, F. S. Smithers & Co., Wurts,
Dulles
&
Co., of Philadelphia;
Parrish
&
Co., of New York;
Piper, Jaffray & Hopwood,
of
Minneapolis, and Curtiss, House
& Co., of Cleveland.

to

of

to

price of 97.16,

a

Harrisburg, Pa.

Other

Bond

at

June 1 from

1967 to 1974 inclusive.

;

group

Hulme, Applegate & Hum¬
phrey, Inc., and S. K. Cunning¬
ham & Co., all of
Pittsburgh, as
2M»s, at 100.39.

June 1 from

on

a

Co.,

I960 to 1963 inclusive.

-

450,000 214s: Due

'i

1

School

Stuart & Co.,
Inc., New York City, Arthurs,
Lestrange & Co., Thomas & Co.,
Fauset, Steele & Co., and Kay,
Richards & Co., all of
Pittsburgh,

composed of Arthurs, Lestrange &

June

on

posed

O.

2195—were awarded to

p.

1956 to 1959 inclusive.

awarded

were

Homestead), Pa.
Bond Sale—The $140,000 build¬
ing bonds offered May 24—v. 179,

follows:

as

$150,000 3 Y4S. Due

(P.

Joint

,

as 2VsS, at a price
basis of about 2.07%,

a

Area

Authority (P. O. Port
Allegany), Pa.
Bond Sale—The
$882,000 school
revenue
bonds
offered
May 20

Hampton Township School District

Boston
a

100.33,

Allegany

District

Pittsburgh,

of

Port

63

.

Secretary & Treasurer
NT5T York,

New

Ybrk,

April

30,

1 954

GENE RAL

DYNAMICS
CORPORATION1

as

pur¬

Legality approved by
Chapman & Cutler, of Chicago.

[445 Pork Avenue,

New York 22. New York

Chronicle... Monday, May 31, 1954

The Commercial and Financial

(2424)

•€4

l%s. at
1.74%.

WASHINGTON

Wis.

West Alli8,

Car¬

at

June 24 for

a

—

and

water

000

both of Toronto,

1.84%.
NOVA

.sealed bids until 8 p.m.

15 for

revenue

sewer

1, 1954. Due
Aug. 1 from 1955 to 1975 in¬

the

corporate

SCOTIA

Debenture

Sale

—

price of 93.31, a basis of about

and

3.8>%.

An

issue of

Dated April

due

Halifax, N. S.

purchase of $1,320,000

April 1 from 1955 to 1974

on

1954,

1,

■

CANADA

20—v. 179,
awarded to the

ing bonds offered 4VIay

2195

were

—

Canada (Dominion

State, as 2%s, at par.

Treasury Bills

County School District

Pierce
No.

of)

j

Bond Sale—An issue of $97,000

sold!! public

improvement

bonds

Quebec,

94.65,

Asbestos, Que.

Sold—An issue of

$40,000,000 Treasury bills was

(P. O. Tacoma),

402

of

QUEBEC

was

!I

I

a

3s,

as

basis

a

price of

about

3.75%.

1954. Due on June 1

Dated June 1,
from 1955 to

of

at

registered with the

Securities and Exchange
sion—v.

179,

p.

bids on May

awarded to Wood,

Co., Toronto, and Rene T.

at

a

price of 97.625, a basis

able in Canadian funds, are

May
1974

1954,

1,

and

mature

are

on

Commerce, of Seattle.

est and

.sinking fund retirements

Dated June

1, 1954.

(P. O.

Seattle Pacific College
^

Seattle), Wash.
Bond Offering —1 Margaret Mc-

of

Carty, Secretary of the iBoard

^Trustees, will receive sealed bids
until 2:30 p.m. (PST) on June 14
for the purchase of $400,000 non
tax-exempt
Dated

bonds.
-on

dormitory
revenue
July 1, 1953.
Due

1993 in¬

July 1 from 1956 to
Principal
and

interest

clusive.

payable at the Pacific Na¬
tional Bank of Seattle, Trustee, or
at
the State's fiscal agency in

<J-J)

Legality ap¬

City.

New York

proved by Preston, Thorgrimson
& Horowitz, of Seattle.
WISCONSIN
Bullion (Touyh andi City') Joint
School District No. 2, Wis.
Bond Offering — Harrison

Weaver, District

Clerk, will re¬
until

bids

sealed

ceive

8

p.m.

10 for the pur¬
building bonds.
Dated June 1, 1954. Due on June
1 from
1955 to
1969 inclusive.
Principal and interest (J-D) pay¬
able at the Calumet County Bank,
Brillion, or at a bank to be des¬
ignated by the successful bidder.
Legality approved by Chapman &
Cutler, of Chicago.
- :
: J
on June
chase of $150,000

(CST)

Fond du Lac, Wis.

bonds

Hall

-

City
25—v.

$400,000

Sale—The

Bond

May

offered

to the

179, p. 2088—were awarded
First Fond du Lac

National Bank

cf Fond du Lac, as

2s, at par.

Fond du Lac County

(P. O.

~

Fond du Lac), Wis.
$450,000 county

3

Bond Sale—The

building bonds offered- May 25
—v." 179, p. 2088—were awarded
to the
First Fond du Lac Na¬
tional Bank, as

1.80s, at par.

Footville, Wis.
Bond Offering —

Melvin

Village Clerk, will re¬
ceive sealed and oral bids until

Geschke,

2 p.m. (CST) on June 4 for the
purchase of $30,000 sewage dis¬
posal plant improvement bonds.
Dated July 1, 1954. Due on July
1
from
1955
to
1974 inclusive.

Principal and interest (J-J) pay¬
able at the Village Treasurer's of¬

fice,

Footville

the

at

or

Racine,

City

Becker,

sealed and

(CST)

on

Wis.
Frank

J.

—

Clerk,

receive

will

oral bids until

2

p.m.

June 8 for the purchase
bonds, as follows:

of $2,500,000

$1,500,000

is

no

man

who is building

for his retirement, there

better investment than Series

H, U.S. Savings

H Bonds offer absolute

safety —behind them is the

strength of the United States Government.
vide current

income—mailed to

the U.S. Treasury.

you

They

semiannually by

redeemable at par at any
notice.

destroyed, the Treasury Department will replace
Include H Bonds in your

pro¬

The yield is 3% if held to maturity

subject to fluctuation, they*
time on one month's writ¬
Actually safer than cash—if lost, stolen or

(9 years, 8 months). Not
are

ten

Bonds.

Offering

Bond

For tlie

State

Bank, Footville.

Retirement Picture?

Is the H Bond in your

through

your

bonds.

Due

1955

retirement plan. Buy them

$5,000 and $10,000.

.»

from

1973 inclusive.

to

1,000,000

on

Aug.

1

building

school

struction bonds.

con¬
Due on Aug.

1 from 1955 to 1973 inclusive.

The

bonds

are

dated

1,

June

1954.

Principal and interest (F-A)
payable at the City Treasurer's
office.

Legality

approved

SERIES

(I) SAVINGS BONDS

The V. S. Government does not

pay

for this advertisement. The Treasury Department

...safety...liberal yield.••

guaranteed current income

thanks, for their patriotic donation,

the Advertising Council and

by

Chapman & Cutler, of Chicago.
Sheboygan, Wis.
Bond
bonds

Sale—The $135,000 sewer

offered

May 26—v.

179,

p.

2195—were awarded to Robert W.

Baird

&

Co.,

of

Milwaukee,




as

THE

them.

bank, in denominations of $500, $1,0009

construction

sewer

COMMERCIAL AND FINANCIAL

dated

May 1,

unconditionally

the National Bank of

awarded to

of

guaranteed as to principal, inter¬

May 24 were

ing bonds offered

Leclerc,

about 3.93%. The debentures, pay¬

by the City of Montreal.

1974 inclusive.

18

Gundy &

Ltd.,"of Montreal, jointly, as 3%s»

Washington
Bond Sale—The $320,000 build-

I

Commis¬

2088—and offered

competitive

were

$27,000,-

Sale—The

000 debentures

via

inclusive.

purpose

.,

p.

Commission, Que.
Debenture

jointly, as 3s, at

bonds. Dated $2,000,000 debentures was sold to
Lauzon School Commission, Que.
June 1, 1954. Due on June 1 from
-on
a group composed of Mills, Spence
Bond Sale—An issue of $325,000
clusive.
Callable on or after 10 1955 to 1974 inclusive. Principal & Co., McLeod, Young, Weir &
and interest (J-D) payable at the Co., Bell, Gouinlock & Co., all of school bonds was sold to a group
years from date of issue. Legality
approved by Preston, Thorgrim- City Treasurer's office, or at a Toronto, Royal Securities Corp.,
composed of Oscar Dube & Co.,
bank to be designated by the suc¬ Montreal, and F. J. Brennan &
son & Horowitz, of Seattle.
Quebec; Dawson, Hannaford,
cessful bidder. Legality approved Co., Ltd., of Halifax, as 3J/2S and Inc
Pierce County School District
by Chapman & Cutler, of Chicago. 3%s. Dated June 1, 1954. Due on Ltd., Montreal; Gairdner & Co.,
No. 4 (P.O. Tacoma), Wash.
June 1 from 1955 to 1974 inclusive.
Toronto, and J. .T. Gendron, Inc.,
Bond Sale—The $30,000 build¬
Aug.

Dated

bonds.

Montreal Transportation

Gouinlock & Co., and

the Canadian Bank of Commerce,

$5,000,000, due Feb. 18, 1955,

Bond Offering
Phil Elliott,
Clerk, will receive,
(PST) on City Clerk, will receive sealed
the purchase of $500,- bids until 2 p.m. (CST) on June

City

sold to Bell,

$35,000,000,

20, 1954, at 1.60%/ yield;

due Aug.

and

Longview, Wash.
Bond Offering—D. Wiley

penter,

May 20, as follows:

on

100.03, a basis of about

CHRONICLE

i