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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 c»£ /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