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*2-
MONDAY
ISSUE
C$
—<S£ctioft
In 2 Sections
<o
°
%. J#
ct
^ J?*
an
Chronicle
Reg
Volume
185
Number 5635
RAILROAD
ABC
■;
same
period
April 30,
Sales
a
compared
the
PUBLIC UTILITY
-
common
the
the
cents
for
sales
record
3.4r'c
were
March
the
14
first
1957,
the
»
mailed
1956.
the
capitalization,
American
-
Acme
v
This
SEC
Steel
on
May 1 filed two
396.079 shares of
<lj
S22.000.000
The
:■?
Co.—Registers Stock.
company
covering
(2j
'•
:.v-
of
debentures
sinking
fund
**
;
its
cu..
and .Debr;
registration
$10
debentures
Jt.
with
Midwest
the
stock
common
Pacific
and
1977.
group
...
'
of
its
each
and
six
shares
common
held
of
The
stock,
record
underwriting terms
underwriting firms
two
J
subscription by holders
outstanding
head
the
May: 21,
to
are
at
be
rate
of
1957.
'one-new
list
amendment.
Underwriters;-
of
for
The'subscription price
supplied by
the
share
'• The
same
$6,500,000
of
applied
of
was
$9,950,000
Steel
working
of
the
Corp.-,
and the
of
be
used
the
such
and
to
new
for
other
facilities.
proceeds
plus
amortization
meet
the
additional
and
corporate
balance
capital.
The remaining
assets was paid out
The
be
long-term
anticipates
company
retained
will
anticipated
earnings
sufficient
$23,000,000
financing
including
purposes,
and
provisions
under
being
normal
of
cost
that
such
for
necessary.—V.
1881.
"
,
185,
1500
pp.
/'
Adams-Phillips, Inc.
will
p.
proceeds, are to be
working capital,.—V. 185,
for
(
net
>
income
was
sonic
of
purchase
autos
This
with
by
J.
$274,426 for the
Total,
sales
The
increase
policy
May,
tor
the
over
and
in
same
the
period
six
period
185,
p.
a
year
months
ago.
were
ending. March
income
net
product lines
1956.—V.
,
for the six-months period ended March
31,
May 1 lor this corporation, formerly Ultra¬
Ashman, President; - This compares with a loss
on
E.
and
sales
instituted
•
31,
.
V'.
*
an
1956.
reflects
by
.■/,
$1,897,629,
the
•>
the
new
of
effect
He added
.
mately
11 '/o
favorable
changes
as
Mr.
a
The
designs
462,716
and
47
States
outstanding
common
shares
specialized
of
this
processing
company,
equipment
associated
with
equipment
used
Engineering
in France.
In
in
in
the
the
addition
a
United
the
Line.
He
tinuing at
also
a
remarked
satisfactory
that
the
rate.—V.
the
States
contract
was
a
and
47
184,
p.
•
"
'
f
.
'
.
31—%,.
Corp.—Earnings Lower—
-
revenues.;.-...
1957
1956
$165,854,697 $166,042,607
income
1957 $5,591,112
134,198,122
13,380,032
12,434,277
$18,276,543
$23,905,260
r——
from
interest
"
operations—.;
misc.
and
income——
1,032,237
1,112,002
$25.017262
Interest
and
were
by
associated
Com-
is
con¬
913,
expenses
debentures.
on
before
Income
income
"Adjusted
1989
and
————-
for
3%
stock
She
Soronto
Exchange
dividend
in
December
200
Bag Street
t'Branch
PRESIDENT
TORONTO, CANADA
Office:
Bruce
73
YJorrU
Brock St.f
Split—Earnings Up—
April 24 voted
on
to
split
the
other
capital
The
of
$20
actions,
was
Paper,
the
owns
J.
Rose,J. WakLtk Jr.,
V. Brooks, C.
<
stock
2V*
class of preferred stock was authorized and
merger of Allied-Albany Paper Ctorp- into
approximately
two-thirds
the
1,800,000
split
value
par
of
stock
issuance
shares
changes
to
4,500,000
now
to
for
company's
shares
outstanding
shareholders
each
share
of
of
will
$8
be
par
certificates
recommendation
stock,
of
according
to
the
directors
H.
to
The
authorize
Maremont,
EM 8-4731
(jeorcfe lb. Ma mJ
W. Strickland, R.J. Wotkersill, P- C. J.
value.
The
into
representing
presently
Arnold
Allies-Albany
authorized
converted
held.
mailing of certificates to begin about May 16.
The
of
stock.
stock
by
tional
new
of
which
shares
the
a
given
DIRECTORS:
3
common
.
In
KINGSTON, ONT.
VICE-PRESIDENT
185,. p.p.
one.
She (Canadian Stock Exchange
Setep lione
*$1.28
1956.—V.
"
shareholders
approval
Allied
ferred
Stock 1 IJontreiil Stock
She
*9,909,561
$1.01
——
1509.
for
$12,737252
9,918,220
—
share
Allied Paper Corp.—Stock
The
$10,007,199
taxes
taxes...
Income
per
1.823215
$23,194,047
10.456.195
*
Federal
Shares outstanding
Earnings
1,823,215
$17,485,565
7,478,366
"
''
jlowid, Um/$Skmwd$S
lce
We,nl erst
129,703,160
and
$19,308,780
48
with
business
&
on
operating
Dividends,
Continuous Strip Pickling
company's domestic
The
Zhrexel
47
supplied
its
held.
and Its' thrift plan filed a
registration statement
April 30, 1957, covering 8,000 shares of Allegheny
stock,
to
be
offered
for
subscription by eligible
employees of the oompany.—V. 185, p. 1509.
SEC
and
shares
negotiated
shares
the
com¬
stock¬
common
Gross
industries,
lines
six
of
common
corporation
1956 $5,818,723) ;
47
companies.
building of
<.s'
.
of defense facilities- for
announced that Aetna-Standard has contracted
'Societe' Lorraine de Lamiiiage Continu of France,
tinning line and a continuous tin plate an¬
The contract will be
completely engineered In the United
pania pe Acero del Pacifico, F. A. Chili for
which
for
and
each
with
shares
Depreciation and depletion (incl. amortization
;
Electrolytic
Aetna-Standard
Engineering: Co.—On Big Board—
manufactures
Aetna-Standard
for
of goods
sold
and
operating,
selling,
general and administrative expenses
for company
company
Aetna-Standard
chemical
share
new
Cost
Swartswelter also
Ferrostan
of
481.
and
one
Allied Chemical & Dye
that net income for the current nine
months is up approxi¬
over
the 1956 figures and said that
bookings continue
for
nealing line.
of
management
rubber
of
Quarter Ended March
E.
to build
increase
aluminum,
to
basis
.
the
Sales
trading on the New York Stock Exchange on April 29.
Swartswelter, Chairman, announced that net sales for the
nine months ended March
31, 1957, approximated $31,500,000 which
would compare with net sales of
$22,765,916 In the corresponding 1956
period.
1149.
p.
brass,
copper,
Ernest
and
statement
additional
Allegheny Ludlum Steel Corp.—Registers' With SEC—
Net
admitted
additional
of $103,261
announced
Corp.,
$498,039
hi
to
the
L
Federal
V
<■
used
registration
a
to
1881.
.
Advance Industries, Inc., Cambridge, Mass.—Earnings
A
1957
-
price.
same
net
filed
2
t
underwritten by The Pasadena
Corp., Pasadena,
Calif., which reoffered the unsubscribed shares to the
The
May
subscription by
"
was
public at the
on
expenditures at $48,708,000.
Part of the required funds
obtained from the sale in 1957 of an additional
$8,500,400 of
Alabama Power's parent. The Southern
Company.—V. 185,
be
stock
Income
steel,
of
construction
35
Redemption Calls and Sinking Fund NoticesThe Course of Bank
Clearings
— Stock
Offering—The company
April 10 offered to its stockholders, officers, directors
and employees, for a
period of 10 days, 5,000 shares of
common stock
(par $20) at $21 per share. This offering
on
certificate
Secretary
company,
it
was
announced
on
May 1, has received SEC
to issue and sell at
competitive bidding $14,500,000 of
mortgage bonds, due
1987; and to use the net proceeds lor
property additions and improvements. The
company estimates its 1957
44
Combined Condition Statement of Federal
Reserve Banks
,
company's
its
first
41
Rates—
Condition Statement of Member Banks of
Federal Reserve System
the
tio
Jersey
This
40
Foreign Exchange
New
authorization
General Corporation & Investment News. Cover
State and City Bond Offerings—
54
Dividends Declared and Payable
13
any
the
Alabama Power Co.—Bond
Financing Approved—
39
salaried
conditions
without
39
Li
of
amendment
an
a
proposed Issue of 170,160
which are to be offered,"for
on
Miscellaneous Features
depreciation
business
39
—
£
in
with
offering Is to be underwritten by Reynolds & Co..
Inc.;
Co.; and Laurence M. Marks & Co.—V. 184, p. 2729.
Ludlum
part of the cost
the balance of
facilities
stock,
holders
Transactions New York Stock Exchange35
Transactions American Stock Exchange
35
purchase price for the Newport
of the ret proceeds of
approximately $12,425,000 from the sale by the
company of 400,000 shares of common stock in
September 1956.
Net proceeds of the sale of
the debentures and common stock will
be added to the
general funds of the company and applied to the
prepayment of the $17,000,000 of notes.
The balance of such proceeds
will
mon
38
SEC Index of Stock Prices.
price
$16,450,000 for the assets-of
Newport
$2,200,000 was used to Increase
•of
to
February meeting
30
covering
—
previously
outstanding
long-term
bank
loans,
applied to the partial payment of the purchase
April
Products, Inc.—Registers With SEC—
corporation
SEC
36
Exchange
——
company
repayment"
Air
36
Exchange-..,-..,-
Stock
the
effective
company is presently* undergoing gradual relocation which will
of
its
manufacturing and engineering operations in St.
The
Over-the-Counter Markets
45
Dow-Jones Stock and Bond Averages
35
National Quotation Industrial Stock
Averages 35
presently has outstanding $17,000,000 of notes due
March 19,
1958, -evidencing borrowings from banks in the last half
of 1956 and
early in 1957.
Of this amount $8,300,000 was
the
31
;
filed
suppliers.
at
made
was
Petersburg, Fla., by Fall. It is also building a new research
laboratory
at Timonium,
Md., a suburb of Baltimore.—V. 184, p. 2321.
36
.
and
voted
was
all
36
—
Philadelphia-Baltimore Stock Exchange
Pittsburgh Stock Exchange
Montreal Stock Exchange....
Canadian Stock Exchange
Toronto Stock Exchange.
Toronto Stock Exchange—Curb Section
to
are
be offered for
public sale through an under¬
headed by Blyth &
Co., Inc. and Merrill Lynch, Pierce,
Fenner <te
Beane.
The Interestc rate,
the public offering' price and
underwriting terms are, to be supplied by amendment!/ *, ,*•
Acme proposes to offer
the common stock for
writing
Stock
Coast
The
27
__
Cincinnati Stock Exchange.
Detroit Stock Exchange
;
Offerings
statements
par
due
,
customers
It
incorporation,
place
15
Stock
Stock
henceforth Will1 be
State.,
Page;
Exchange (Stocks);
Exchange (Bonds)
Exchange
Boston Stock Exchange—.—..
New York
-
'
.'V
•
New York Stock
aug¬
expansion
into
in-plant feeding
of
industrial
workers.
latest additions is the
contract to provide meal service
to several hundred
employees at the General Electric plant in Cleve¬
land, Ohio."—W 185, p. 1381.* 'r
:
.
of
-
J.'
its
change
shareholders.
Slock and Bond Quotations
earned
compajiy
to
The
to 28
1,010,199; shares, 'of
.,.j;
Associates
aviation
$11,712,297,
by
•
Air
In This Issue
1,
officially became Electronic Communica¬
•
'•
'the name of the widely-known
supplies division of ECI, the fiim made clear in a statement
tions, Inc.
011
.
April
Associates, Inc., Tfcterboro, N. J.—Changes Name
This corporation on April 30
the
..
Copy
a
MISCELLANEOUS
-
Air
be
mented
INSURANCE
-
the
announced
•*
INDUSTRIAL
■
year.
of
"While, the most profitable season is ahead
for.^refreshments
at
drive-in movies, sports
arenas, turnpikes-and transportation
terminals,"
Mr.
O'Reilly predicts that "our current year's revenues will
Among
Price $1.25
$284.488-equal
1956,
present
:
this
ahead
of
ended-
to
outstanding
period -of
on
31,
weeks
amounted
presently
share
a
its.. 1956
quarter
ended
quarter
the
In
26
or
fiist
weeks
first
on
stock.
$261,181.
13
$12,201,901
for
share
per
better
the
Charles L. O'Reilly, Chairman,
- -v." ;r
.~.v
«.
ago,
first
with
Net,5 income
cents
year
for
;
for
to
expects
sales
Monday, May 6, 1957
Corporation and Investment News
Vending: Corp.—Reports Higher Profits—
This. corporation.
«
Average weekly
U. 8, Pat. Office
New York 7, N. Y.,
General
i
So
S. S. Mill
shares
404,406
new
stock
1 Yx
addi¬
company
expects
issuance of pre¬
Chairman,
was
to
f.
Financial Chronicle... Monday, May 6, 1957
The Commercial and
(2094)
2
costs
related
issues
stock.
.
.
.
exchanged 16,129 shares of its stock for
177,420 shares of Allied-Albany (then A. P. W. Paper Products Co.)
and began to operate the company.
Pursuant to the stock purchase
agreement, the merger plan was submitted to Allied-Albany^ share¬
holders, who voted approval.
As a result of the stockholders' action
authorizing
preferred stock of Allied Paper, however, the plan of
merger will be submitted again to Allied-Aloany shareholders.
Sept. 30
is set as the effective date of the merger.
„
"We
have
no
present plans for issuance of any common stock,
Mr.
Maremont
said, "apart from those which will be issued as a
result of the split and the shares to be issued in exchange for Alliedconversion
of
In
to
common
Paper
Allied
January,
stock."'-
Albany
-
,,
preferred stock may be issued to refinance an
loan which calls for heavy principal payments
and to raise funds for construction of a proposed 100-ton pulp mill
in Kalamazoo, Mich., to produce semi-chemical pulp from hard woods.
that
added
He
short-term
existing
The
in the manu¬
purchases all the virgin pulp used
now
company
would permit substitution
would add $1,000,000 to
of its paper, and the proposed mill
semi-chemical pulp at a saving, which
facture
of
profits after taxes.
also announced that profits before taxes for the
$647,016 on sales of $8,734,131. In the 1956 quarter,
produced pretax profits of $677,072, including an
inventory pick-up credit of $32,500.
After taxes, earnings in the current quarter were $356,016, equal to
approximately 90c per share. ;'. A loss carry-forward made no taxes
payable in the 1956 quarter.
Mr. Maremont noted that while there has been a substantial softening
of the paper market since the first of the year, the current quarter's
results reflect several other factors.
No earnings were received from
Allied-Albany,
wnicn is being converted from manufacture of paper
towels, napkins and similar products to the production of newsprint,
Maremont
Mr.
first quarter
were
$7,455,045
of
sales
Allied Paper's mills at
conversion to newsprint.
ond rotogravure papers. 'One of
Mich., is closed for a similar
catalogue
Kalamazoo,
i_ckardt Division, manufacturing Chriotmas tree orna¬
ments, is in its off-season and earnings offer
an unfavorable com¬
parison with those of other quarters of the year.
"For
the entire year," Mr. Maremont said,
"our earnings should
still fall between $5 and $6 per share, probably closer to the latter
figure.
Our confidence is shown by our aggressive pushing forward
with expansion of production "
Newly elected as directors
were Charles F. Chaplin, who became
President of Allied Paper on Feb. 19, 1957; and George A. Littlefield,
Executive
Vice-President of
the company.
Re-elected, besides Mr.
Maremont, were Victor Nemeroff, Vice-Chairman of Allied Paper and
President of H&B American Machine Co.; David E. Bright, Chairman
of the Finance Committee of Allied Paper, and Chairman of Electro En¬
company's
-Tne
"In
Prudential
The
of
struction
add
will
and
of
loan
J
the
to
Containing
-the
center
expected
to
square feet on a 108 acre tract,
completed in 16 montns, according to
tc the Chairman of Allied.—V. 184, p.
be
Assistant
Murphy,
mortgage
$15,000,(300
a
1,000,000
than
more
is
L.
Andrew
through
will be financed
Allied Stores Corp.
2009.
Stock—
Amalgamated Leather Cos., Inc.—Delisting of
.
Keith
President
Funston,
nounced
April
on
of
New
Board
the
that
26
the
York Stock Excna-nge, an¬
of Governors had approved
stock of Amalgamated Leather Companies, Inc.
Tne
board,
at
the same time, voted that no change be made in
the
listing status of Davega Stores Corp. pending a study of the
company's position when earnings for the fiscal year ending Feb. 23,
.delisting the
1958
common
Amalgamated Leather Companies will be
suspended at the start of business on May 6.
Application to delist
the .stock
will be filed immediately with the Securities & Exchange
in
stcck
the
holders,
Public
to
company
the possibility of delisting the stock
held on Feb. 13 for Amalgamated Leather and
At each hearing a special committee of
consider
were
for
12
March
Davega.
of
result
a
in
$2,000,000
the
and
U.
S.
equipment.
According
after
Leather
Amalgamated
1956.
In
May
2
market
on
hearing
on
a
of
size
issue
stock
company
a
aggregate
the
if,
is
value
earnings
net
1954, 1953, 1952 and
reported a deficit
value of the stock as of Jan. 10 this
price per share of $2Vs. Closing price
but
i
Amalgamated
13
Feb.
in
had
Leather
re¬
Exchange to defer action on delisting to permit com¬
pletion
of
negotiations
for
the
acquisition
of
another
company.
Amalgamated
Leather
has
since
advised
the
Exchange
that
the
negotiations have been terminated due to the inability of the parties
concerned to agree upon the number of shares of stock which would
be required to be issued to consummate the transaction.
Davega Stores reported deficits in the fiscal years ended March 31,
1954 and
1955, a net profit of $173,402
for the ll months ended
Feb. 29.
1956.
(The company changed its fiscal year from March 31
the
quested
last
the
to
10
May
of
of
February,
based
$5%.
informed
future
Approximate
i
on
share
per
a
market
price
value
of
such
are
delisting.—V.
and
that
181,
Months
Three
of
The
Jan.
stock
the Exchange of a radical change in the
has expressed the belief that prospects for
the Exchange should postpone consideration
641.
p.
Ended
31—
March
Decline-
1957
1956
$70,714,104 $64,088,640
revenues
Expenses:
Direct
flight
Ground
:
expenses
Interest
and
35,634,645
Provision for Federal
„
3,368
3.967,747
(176,231)
3,000,000
'
(net)
income
tax
Profit
exclg.
profit
disposal
on
Net
earnings
of
on
disposal
property
including
of
(net
profit
property
after
disposal
on
share
544,361
common
of
Earnings
stock (based
outstdg.
excluding
property
Net
shs.
on
profit
Net
on
profit
disposal
Revenue
per
$0 19
stock
$0 41
7,702,611
33,830,776
outstanding
flown
miles
company's
S.
sidiary,
A.
are
The
not
flown
and
wholly-owned
accounts
included
in
of
the
subsidiary,
Sky Chefs,
1,055,500.580
Airlines
de
wholly-owned sub¬
American
Inc.,
a
consolidation.
fares
the
4%
Dec.
on
are
the
annual
mailed
on
April
9.
depreciation
The
Utah—Places
in Operation—
with
coal-like in appearance.
The pipeline will carry a mixture of crushed Gilsonite ore and water
which will be converted into high-grade m?taUurgical c?ke and gasoline
at the new refinery.
The gasoline will be marketed in the Rocky Moun¬
tain area.
The coke will be sold to aluminum producers and other
industries for recarburizing and special metallurgical uses.
This company is an affiliate of Barber Oil Corp.
of New York and
Standard Oil Co. of California.—V. 182, p. 1906.
is
vertical
from
mined
seams
to
used
were
$425,000
of
: loans
American Machine
&
Foundry Co.—Signs Contracts—
businessman, has
completed financial arrangements with AMF Pinspotters, Inc., a sub¬
sidiary of American Machine & Foundry Co.,
that are the largest
in
the
history of bowling,
according to an announcement by Fred
P.
Madeo, Vice-President of Sales of AMF Pinspotters Inc.
The
negotiations provide for the equipping of new, modem bowl¬
ing centers in five east coast cities.
The total investment by Mr.
Dankoff in construction, real estate and bowling equipment is more
Ruben
than
Dankoff, Rochester
A.
N.
J,
for
Rochester,
and
are
Y.,
N.
'
of
the
new
revenues
gross
in
income
on
with
185,
p.
after
im¬
almost
begin
1990.
amounting
reached
new
$9,125,000
to
1956
as
compared
with
j
taxes
1956, equal to 73c per
shares outstanding on Dec. 31, 1956.
This
$2,565,000,
was
common
in
net income of $2,165,000 or 65c per share-on 3,350.204
a
year
earlier.
A 5%
stock dividend was paid
during
1956.—V.
161,
p.
2782.
American-Marietta
Co.—Becomes
Processing Machinery
search Equipment for the
This
company,
becante
a
major
Major Producer
Aircraft Industry—
through the acquisition of Guardite Inc.,
supplier
of
processing
machinery
Other
on
for' the
Aoril 30
tobacco
-
that
search.
of
and Environmental Re¬
Through Guardite, American-Marietta also
field,
of
203
1,122,400
31r, 1956 was
175,005 as
shares
of
stock were sold
Common
$840,000 was credited to capital surplus.
to liquidate the short-term bank
primarily used
outsf<,ndir--j ot
Steel Corp.—Sales
Armco
-
L.r -
Up—Earnings Lower—
steel
income
announced on
>.
production
for the first
three months of this year was
...»
,
operations
from
■ -
$189,958,346 in.
•:
Armco's
Net
(
'f
'r '"v". ■'
the
.'
will be
balance
185, p. 1038.
First quarter sales totaled $193,205,419, compared to
fi'st quarter cf 1956, Charles R. Hook, Chairman,
,
was
$15,013,858, or $1.25 a share, com-
$1.39 a share* in. the first quarter last year.
The 195G per-share figure
is adjusted to reflect an increase in the
•number of shores outstandindg.
At the end of the first quarter, there
pared to $16,699,609,
or
11,978,196-full shares of cemmon .stock
were
10,852,595
•
outstanding, compared to
of 1956.. ;
/ :,
the end of the first quarter
shares at
addition to the net income from
In
operations, the company
reported
the
nmi-recurring income of $473,894 in the first quarter, arising from
interest in an ore mining company, Mr. Hook explained.
As
j
sale of an
•;.
amounted
to $15*487,752 or $1.29 a share.
This compares with total net income
in th? same quarter last year of $19,678,979, or $1.64 a share after
adjusting for the increased number of shares.
Nonrecurring income
totaling $2,979,370 was reported in the 1956 quarter.—V. 185, p. 1990.
result, he said,
Atlanta
'
;
Mead
See
Armco's total net income in
the first quarter
Co.—Affiliation Approved—
Paper
Corp.
below.—V.
185,
p.
•
;
1382.
Washington, D. C.—Amended
Effective—Stop Order Proceed¬
Automation Shares, Inc.,
'
Registration Statement
ings Dismissed—
SEC
The
effective
.
on
announced the issuance of
registration statement filed
April 26
amended
an
a
decision making
by this newly or-?
Washington investment company, and dismissing proceedings
on
the question
whether a stop order should be issued suspending
effectiveness of the registration statement for failure to comply with
the disclosure requirements of the Securities Act of 1933.
" -
ganized
corporation's registration
The
statement became effective on Jan.
29,
proposed the public offering of 289,250 shares of capital stock
share plus a sales commission based on a percentage of the
offering price.
The promoter, manager and principal underwriter
the sccurlcies is Automation Shares Management Corp.
In stop order
It
1957.
$10 per
of
date of Feb. 5, 1957, the Commission
challenged the accuracy of the registration statement by reason of its
failure to disclose certain agreements and arrangements which affected
the initial capital required under th Investment Company Act of 1940
as
a
condition to tne
making of a public offering of Automation
proceedings
Shares
In
authorized
stock.
the
.
under
*
registration statement, it was
stated that the corporation
held
of 10,750 shares of stock which, when paid in,
initial assets of $107,500 in cash, and that no public
offering of shares would be commenced until at least $105,000 of the
subscriptions had been paid in cash.
After naming the persons who
would own 5% or more of the initial issue, the prospectus stated: "The
Fund has no further contracts or other arrangements with any of the
above-mentioned persons ..."
producing
specialized
entered another important
for environmental re¬
equipment
,
.
expanding activities of Guardite include the design
would
to
in
levels
high
outstanding
Tobacco
435
1955.
amount,
other current obligations.—V.
'
y"
meet
provide
However,
Co.—Earnings Higher—
company
1955.
3,526,737
compares
this
of
income
will
centers
bowling
said.—V.
Dankoff
Mr.
American Maracaibo
with
Hicksville and
and West Orange,
centers
bowling,
new
Syracuse
I.,
L.
the
.
Construction
5.9
522,413
20,000
subscriptions for a total
$6,000,000.
selected
Cities
Westbury,
attorney and
(N. Y.)
'
2,828,700
■
is
and
6.1 *■
1,047,039
* 38,000
____
30,000
1957,
this
of
funds
1'nese
cents for
91
January,
$900,000;
(moun¬
30.
U ah, the
$2,000,000
Book Cliff
Mountains
completion
this
Spring, at Gilsonite, Colo., near Grrnd Junction.
Tjis is the
first privately-financed refinery in the United States to produce, on a
large scale, conventional petroleum products from solid hydrocarbons.
Gilsonite, a trade-marked name, is the mineral raw material used.
It
from the mines of this company at Bonanza,
pipeline
extends 72
miles over the towering
to
the company's new refinery, scheduled
for
$5.46
$9.96
-
T
131,600 the previous year. Net profit per share on
at the end of the period was $1.25 for 1956 as
with
During
for
*
-
119,305
$1.03
outstanding
compared
W
pipeline ever built to transport solid materials over
has gone into operation, it was announced on April
first
1
outstanding Dec.
of shares
51,324
_
155,340
$1.40
.
of period——
number
shares
.
119,365
92,151
amortization
'
tainous country
Running
&
profit as per cent of sales
The
',
a
Salt Lake City,
Co.,
Gilsonite
American
New Pipeline
Up—,
19551
$2,024,194
218,069
—
for
Backlog at end
v
„
industry.
reduction in profit margin absorbed by American
industry in 1956 is a trend likely to continue unless
increased, C. R. Smith, President, told American's
in
report
shareholders
of
payment
602.
p.
30,161,267
1,172,729,272
substantial
Airlines
profit
.' compared
1,057,003
$1.92
V $1.71
19. 1956.—V. 182,
;
31, 1957, the
orders a year
; '
1956-
31—
working capital
___
___
:_j:
Square feet of plant in use at end of period—
Number of employees at end of period—
—
'
(at end of
^^ove statements of consolidated earnings include in consolida¬
the
airline
miles
passenger
Mexico,
stock___
stock dividend
share of common
■
.
317.
Net
•
$1,804,474
$2,110,493
—*1,099,279
outstanding
shares
185, v. p.
1,462,597 ingot tons.
shares
7,910,050
common
plane
Revenue
$o.35
of
period)
The
.
.-
Subs.) —
*
Earnings
share
of
disposal
on
property
Shares of
tion
;
-
income-
Net
$0 12
including
Dec.
shares outstanding
Net profit per share
Book value per share—__
;
r-<*ard during
Inc.
.
$3,570,574
Provision
_
$7,898,000
________
earnings
$3,327,429
average
during the period)
Ended
Months
Net
.
1957
1956
Net -sales
__:
$31,479,725 $29,808,0?3
Income before Fed. & Canadian taxes on inc.__
4,360,224
3,725,356.
Provision for Fed. & Canadian taxes on income " .2,249,731'
1,920,882
Total
of
$1,656,986
of
number
$2,859,429
468,000
$1,112,625
tax)
property
Per
leading
Mr. Stolk
March 31—
Months Ended
mediately,
Earns,
$54,000,000.—V.
to
Average
'
Co.,
...
Sales
on
Cable
&
and substantial increases in labor
wholly offset by increases in selling
v---t.
Applied Science Corp. of Princeton—Earnings
12
..
Earnings Up—
29.899,637
5,007,191
1,050^000
depreciation
miscellaneous
and
24,538.058
27,906.275
expenses
Obsolescence
amounted
at
American Airlines, Inc. (& Subs.)—-Earnings
Total
as
$6.
at
as
I ago
:
orders amounted to $62,000,000 at March
the beginning of the fiscal year.
Unfilled
Unfilled
■*
same
at
2
has
operations
Davega
company's
the
day
$1,594,800.
was
Chain
American
not
were
.
April 2.9.
market
average
below $200,000.
$93,462
.
public
the
or
deficit
a
earned
$1%.
was
the
assets
reported
based
$823,152,
was
closed
•
call a special meet¬
again set " n®w fir>?+ nuart»r
1957,
of
months
annual meeting held
which
costs
mill,
boring
King
new
material
and
!____
share
prices.
reported to stockholders at
April 30. . ; *
; "
;
Sales and rentals for the quarter, he said, amounted to 5160,650,933,
compared with tne previous- first quarter bign 01 $15o,26J,833 in the
January-March period of 1956.
*
Net income for the quarter, after providing for all charges including
taxes on income, was $4,997,875, which, after proviisorv" for dividends
on the preferred stock, was equivalent to 39 cents per share of common
stock, he reported. In 1956, net income for the first quarter was $5, <0 J,385. or 46 cents per common share.
t
Mr. Stolk predicted that 1957 would be :"a good year for Canco as
regards both sales and earnings."
He pointed out that preliminary
reports indicated that -the company's business in April would be the
largest for any April in Canco's history.
Th? increase in nfi t. ;: e
added, is attributable to advance buying by customers in anticipation
of container price in ureases effective May 1—V. 185, p. 1939. •
three
first,
firm's
the
of
tion
$1.20
1,288,842
$2.74
—
.—
'
Dixie's annual report, its net sales in 1956 "'ce fl8'*.net sales and rentals last year totaled $771,635,021.
Sales of American Can Co.
the
'After
common
a
addition,
in
company
Approximate
year
At
the
1955
In
if,
and
last three years are
the
for
taxes
1951.
;
Canco's
the
1,544,600
*$1.14
*1,275,302
*$3.39
'Adjusted to give effect to a 5% stock dividend paid Oct. 19, 1956. ■
The decrease in earnings was attributable to lower volume in certain
product lines, sizable initial costs involved in starting regular produc¬
v
to
$4,327,587
1,447,666
$3,535,866
:
per
Earnings per
also
It
Canada.
and
._
1957
- ;
1956
$58,499,842 $57,941,451
7,175,866
8,920.587
3,640,000
4,593,000
__.___._l
share
capital shares
of
No.
stock¬
of Dixie
^
___'
—1
Dividends
and drinking cups, operates eight plants in the
designs and makes its own manufacturing
producer of paper food
the following policy:
tangible
net
stock;
common
Amal¬
stock of
the
delist
to
will
consider delisting
liquidation or otherwise,
Exchange
below
decision
board's
the
said
Funston
gamated Leather was based on
as
it will not be necessary to
Mi. Stolk said.
" ;
plan calls for the acquisition by Car.00 of all the assets
its five subsidiaries, he explained.
Dixie, the country's
Common
companies.
of
use
The
Exchange's Board of Governors heard testimony from the public,
stockholders
and
from
officials
and
representatives
of the
The
will
for the acquisition,
*
.
—;
taxes_______^_
Dividends
"
"
Foundries—Sales Up—Earnings Off—
March 31—
income
Net
.
*''•*
previously authorized but unissued common
in June.
meet
was
the
1
income
Federal
:
of Canco stockholders,
ing
from
Mr.
will require ratification by Dixie
Chairman,
a
taxes
before
Income
of
of
agreement provides for an exchange
shares of Canco common for one share
1.65
Personnel—
elected
been
Net sales
With Dixie—
the
said
of
The agreement
will
who
Tnree
hearings
each
the
basis
American Can
As
stock
of
Commission.
on
Dixie
on
common.
between
range
American Steel
available.
are
Trading
of
of
the
stock
Dixie
Directors
Six Months Ended
April 30 by tne boards of directors of the two. companies.
C.
Stolk, Canco President, and Clarence L.
Van Schaick,
President
has
elected Secretary.
proposal that the size of the Board
minimum of 15, the present number,
and
a
/naximum of 21.
Two of the new directorships were filled
by the election of Thomas H. Bradford, Managing Director of Selection
Trust Ltd., of London, and Henry T. Mudd, President of Cyprus Mines
Corp., of Los Angeles.
No further elections to the board are con¬
templated for the present.—V. 183, p. 2286.
Secretary,
approved
Assistant
stockholders
The
of
approved on
William
President,
Hochschild,
Weil.
A.
of Dixie Cup Co. was
proposal for the merging with this company
A
plant is
new
1382.
185, p.
effective
44 years of
will remain
a
director.
Effective also Aug. 1, Hans A. Vogelstein, Vice-President
and Treasurer,, has been elected President;
Herbert S. Cohen, VicePresident and Controller, was placed in charge of finance and Donald
J.
Donahue, Assistant Treasurer,
was! elected Treasurer; and Erwin
fleet
American Can Co.—Proposed Merger
+7
and a
Chicago,
in
111.—V.
Wheeling,
Aug.
1, to succeed Harold
K. Hochschild, who after
service, will retire to become Honorary Chairman, and
increases,
the
utilize
'
,
centered
are
suburban
at
American Metal Co., Ltd.—Changes in
Net
Co. of America will finance the con¬
Shore Shopping Center in Peabody, Mass., it
24. The development, situated 19 miles north
Mass.,
Boston,
other
be
to
built
Walter
declining
$2,400,000
than
more
"There
costs
American-.u*arietta
to
operations
Guardite's
being
\
\ agreement, all of Guardite's assets
in exchange for preferred and
j.
shares.
common
of
a
Sales of Canco Hit New Record—
Insurance
North
the
announced on April
was
levels.
1942
below
slightly
were
annually.
but we shall do our best to control
efficiency. But it is clear that the
adequacy of profits Is dependent largely on the willingness of the
Civil Aeronautics Board to authorize rates which will recognize the
costs of today,"
he told shareholders.
American will introduce jet aircraft in transcontinental service in
March, 1959, three months earlier than originally announced. AA has
011
order
30 Boeing
707 long-range jetliners, a prototype of which
recently spanned the nation in less than four hours.
Also on
order for 1959 delivery are 35 Lockheed Electra propjets
for short and medium haul operations. To provide for
these future
additions to the fleet, arrangements have been made with insurance
companies to borrow $135,000,000, with repayments over a 30-year
period, beginning in 1967, Mr. Smith said.—V. 185, p. 1037.
will
746,190.
-
lares
an
increasing cost
fares, resulting in
in
rangfor fc
the pur
of
transferred
were
1* ?udu*drial machinery and .the manu¬
wide
a
terms
Under
shareholders.^ Meanwhile,
the
for
pay
crease
of
of equipment
facture
.
the airlines have continued to
operation without a comparable in¬
margin of profit, Mr. Smith
declared.
•'
%
The report revealed that in 1956 American maintained
its industry
leadership
in all important
traific categories and produced record
revenue of $291,453,000, up 11.8%
over the preceding year. But costs,
exclusive
of
Federal income
tax,
soared 14.3%
over • 1955, despite
rigid controls within the company.
,7
•
'7
Even
witn the record revenue, net income for the year, including
profit from sale of property and equipment, was up just 5.2%.
Turning to the outlook for 1957, Mr. Smith said that experience
in
the early
months indicates substantial additions to cost during
the year. He mentioned that recent price increases for
aircraft fuel
told
he
Privately—
Allied Stores Corp.—Loan Arranged
ago.
airline
average
production
to meet increasing
facilities, based on fares
continue
cannot
airlines
years
During the same period, railroad fares went up nearly 40%., without
reflecting recently authorized increases, while motor coach fares rose
more
than 25%.
"The index
of retail prices has increased about 67%
since 1942,"
.
gineering Products Co., Inc.; W. Verneston Carroll, partner of Rodman
and Renshaw, .investment bankers; u. Paul Decker, President of Na¬
tional Boulevard Bank of Chicago; Franklin B. Schmick, Vice-President
of H.
M. Byllesby & Co., Inc., investment bankers.—V. 185, p. 481.
1956,
15
of
costs
to
modern equipment and
provide
to
and
the
that
warned
He
greater flexibility in any possible future financing.
The
authorized the directors to issue cumulative preferred
up to
100.000 shares of $50 par value, with or without right
provide
stockholders
ond custom
disclose
according to the Commission's decision, there was a
certain information, as follows: In order to obtain
failure
$60,000
the Management corporation
entered into an agreement with two of the initial subscribers for 6,000
shares under which each of the
two subscribers agreed to subscribe
for
50
shares
of
the Management corporation's
stock at $100 per
share and each was given an option to subscribe for an additional 50
shares of such stock at the same price.
The Management corporation
agreed to pay interest at 2% per month on their $60,000 investment
in Automation Shares stock and to indemnify them against loss upon
the redemption of their holdings of that stock. As further consideration,
the Management corporation agreed to maintain a deposit of its funds
with a savings and loan association of which the two subscribers were
onicers
ana
to
cause
tneir election to the board of directors of
Management corporation. Under the agreement, also, the Management
corporation could required each of these subscrib?rs to redeem all or
part oi nis snares of Automation Shares stock if the net wortn of the
latter would not thereby be reduced
below $125,000; and their sub¬
scription for 100 shares of Management corporation's stock was to be
paid for out of the first $10,000 received from redemption of Automa¬
tion Shares stock, and they could exercise their option for an additional
100 shares of Management corporation stock only by using the pro-
of
the initial
$100,000 of required capital,
Volume 185
Number 5635
The Commercial and Financial Chronicle
...
3
(2095)
ceedings received
To
raise
Shares,
fiome
additional
an
the
their redemption
upon
$26,500
Management
of, its
of
of additional
needed
corporation
shares
capital
entered
into
of
of
Auto-
used
to
the
as
own
for
pay
subscriptions for
stock.
net
Such
worth
of
like
a
redemption
Automation
amount
not
was
Shares
for
be
to
after
Taese-
agreements,
of
requirements
of
wose
obtain
have
at
invest
such
-Commission
Investment
requirements
'company to
to
the
the
is
confidence
objective
stated, "if the
in
the
a
temporary
of
initial
$100,000
accommodation,
of.net worth
The' $100,000
the
provision
in
net-worth
investment
new
a
the
enterprise
of
care
net
was
is
loaned
advanced
or
for
Automation
shares
no
•to
make
public
$100,000 from no
a
statement
respect
In
and
"fact
have
than
more
not
these
to
be
to
to
the
r.nd
incomplete
the
ana
required
net
amended
in
./
818.
&
Wilcox
-
,,
of
The
material
any
;
.
'preferred
company will publish notice on
offer
to
exchange Us convertible
standing
dent,
the
of
actual
close
the
of
Went,
termination
it
_ :
debentures
fixed
interest
thus
under
the
contributing
Howard
E.
its
Simpson,
time
it
debentures
•debentures
while
.the
is
of
the
and
the
on
earned
April
of
of
this
rate
of
decision
'
•Hon
made
the
income
holders of
to
favoring the
•Simpson said.
"The
noted
bonds
sole
and
1944,
the
in
difference
offer
had
the
the
Income bonds
income
bonds
is
market
debentures,
to
point
without
that
out
is
of
of
speculation,"
he
continued,
of
property
at
the
common
bank
stock
loans
additions.—V.
185,
that
its
statement
any
-in
the
the
holders
"To
that
I
the
of
unless
-income
bonds
could
be
could
&re
in
has
that
to
1
tlm ^^sV
™
$4 114 700
mT
4S
of
i,..?'.,.
ri.'
P
'»
at
the
D"
cost
m-1?
f
•
Offpr
wnet
stockholders
Assuming
"posed
application
approval,
for
issuance
of
the
eflect
II
The
tbe
pro-
*
of
securities
are
entitled
stock.
common
The proxy
company,
-
of
owns
24.7%
fractional
war-
shares
for
acquiring additional real estate and
equipment, and for plant improvements.
provide additional
l d!vot.ed
Rish Equipment
m
from
the
working capital to
and inventories which
of
new
about
90%
opening
plants
of
and
the
net
® needs of the company's wholly owned
.
Co.,
for
the
purposes
above
giving effect to present
^
"
'
Authorized
outlined.
financing
1
Outstanding
in$3,000,000
*$2,768,000
value750,000
shs.
649,675 slis.
one year)
in the amount
duly
licensed to do business
43c
1956
182%
were
of
changes
last
resulting
Purpose
the
of
year
shares
average
working
West
of
Virginia.
It
Virginia.
Its
1934 in West Virginia
of Virginia and Ohio.
in
the
State
1945
of
in
West
Virginia
and
duly
and
duly
Virginia.
Bluefield
Supply Co., the parent company, is a distributor of
mine,
electrical, and contractois' supplies and
equipment, as well
equipment and supplies, builders'
and numerous home appliances within an
average radius" of
'as hardware- Seating and plumbing
supplies
aljout 125 miles "°m Bluefield,
r.r
rights for
number
a
of
W.
nationally
distributors
Va„
known
having exclusive territorial
manufacturers and rignts as
for
many
others.
These
exclusive
territorial
.rights are subject to ' cancellation in accordance with the terms of
tlie several contracts with the manufacturers, but
Co.—Announces
greater
unfilled
from
in
than
orders,
in
year
preceding
1, 1957
generally they are
from
year
to
year.
The
company
owns
and
maintains
warehouses, and leases one in Bluefield, W. Va., and one in
Huntington, W. Va. About 25% of the business consists of direct
shipments
from manufacturers to the
company's customers upon orders secured
,jy the company.
In 1956 Bluefield Supply Co. proper had a sales
volume
it
|
is
to
in
home
'
counts
Co.,
the
earnings
share
per
the
adjusted
of
lines
than
more
will
further
prior
to
furniture,
Clark
salesmen.
Supply Co., operates four retail
Northfork, and Mullens, W. Va.
house
Stores
furnishings,
Division
Is
floor
not
cover-
separate
a
Supply
•"Company
Rish
from
and
not' a'
it
sells.
and
territory
-Indiana
is
It
panhandle,
Its
of
Bluefield
supplies,
doing
Supply
accessories
business
and
over
an
Ohio,
from
operates
and
all
all
covers
of
also extends
and
separate
corporation.
distributor of
contractors'
a
construction
machinery, parts and supplies, and malnservice department to service the machines and
northern
Ohio,
into
13
of
and
western
cities
West
the
in
West
Virginia
greater
Virginia,
exceot
the
part of Virginia.
part of Kentucky,
Maryand and
Michigan
Dixie'Appliance
pnd
divi-
is
Co.
Virginia
f
parts,
W. Va.,
equipment,
extensive
equipment
'
paying
Division
Equipment
an
division
another
Bluefield,
of
industrial
tains
and
Co.
automotive
in
approximately 75 miles. It operates in two adjoining
owned by Bluefield Supply Co.
Counts Automotive Supply
warehouses
million
a
come
obtain
Bluefild
Beckley,
of
wholesale
a
warehouse
rafjius
avera?e
give
modernize
and
outside
26
of
appliances.
Automotive
operates
-equipment
>
funds
has
Eluefield,
complete
a-nd
and
division
a
stores
handles
ing,
,
expenditure
$9,851,000
Stores,
'
double
18c
The
of
Clark
furniture
history,"
capital.
planned
-
corporation.
Birdsboro's
outstanding
1957.
the
March
•'
•
and
of
as
merger.
it will
invest
company:-announced
that
for capital improvements
company s
in
State
the
renewed
were more than
share
per
the
upon
1921
in
industrial,
Orders
|1956 was definitely the best
G, Clymer Brooke, President.
were
in
business
are:
Rlsh Equipment Co., organized in
licensed to do business in the States
Dixie APPliance Co- organized in
l
during
do
^
Agreement on Gei-
Machine
&
and
organized
was
licensed-to
„
700
on
also
wholly owned subsidiaries
of
AaraemeM
,
,
continue building for the future and earning
dends, Mr. Brooke - said,. the company may have to
financing,- probably this year.—V. 185, p. 1511.
National City Lines, a Chicago holding
of the stock as of Feb. 1.—V. 180, p. 50. i.
•
used
BUSINESS—Company
f
pon
^P
the
,
statement said the
1634.
Subscription.
No
*Exclu^ve of current portion (due within
'
;
•
<expand facilities.
The program is expected to accelerate
foundry production and improve casting
techniques.
It represents another
step
range expansion and improvement program.
When
current
expansion
plans are complete, Birdsboro will have
•..complete facilities for the integrated production of
customized machlnery.
-
*
<
"
-
be
capitalization
^
-ln„tbe company's long
to
helcL
15.
It is estimated that
* is
.q-o
year
to
dollars
will be made to the Maryland P. S. Commission.
outstanding 111,507 shares of the present preferred stock
dividends, only when declared by the board at the-annual
rate of $2.50 per share.
As of April 1, 1957t: the arrearage amounted
to about- $1.87 per share.
There are also outstanding 869,423 shares
new
There
.
records
backlog
$22,000,000.
of
based
year,^
t
for
The
,r
in accounts receivable
subsidiary-
wholly-owned subsidiaries on April 19 anin sales,
earnings and orders booked during
company's
They
*
will
Surance companies
Common stock ($4 par
from
rose
excess
declared
proxy
a
outstanding 44,958
six
its
.,,fcarniI?gs per share in
1955_
•*
statement in connection with .its annual
•meeting May 9, announced a proposal to exchange its preferred stock.
Under
this
plan, which has been approved by the directors, the
holder of each share of the present preferred stock would receive $30
■principal
amount
of < new
6%%
20-year
cumulative
income
sub'ordinated debentures and one share of commcn stock.
'
in
company,
in
"The
*
:
Fvphnnp"p
L.xcnange
May
on
for
flled £ln .aPpL
'
♦«
,RprH„ab
Foundry
and
booked
The
year.
.is
-
•
expire
incurred
"
sales
Orders
the convenants in
the
bond
the company, no other course
„r
resulting
S
$12,046,840 in 1955 to $19,051,512 in 1956 for
58%
gain of $7,004,672.
Net income climbed from
$281,533 in 1955
to $770,771 in 1956, an increase of 174% or
$489,238.
the
,
common from
have
developing new territories
.a
the
to
^
4V?% Promissory notes payable to
^
v
'
6
all-time
'
Net
income
that
will
help finance the increases
resulted and are
R
T^_
Famines
company
19PT6\
changed
interest
This
nounced
company
1990.
p.
Cn
L-O.
iransit
of
any
so
lower
a
earlier,
burdensome to
185,
have
,
the
$8
to"Annex
A
Steel
Salpq
>
'
Tccno.
•
anihorhod
company
shaie
debt
r_
.,
Birdsboro
Record
company's
the
will
wnolesale
of
the
of
that
redeem
should
indicated
way
that
as
lu
shares total 510.250.-V. 185,
p.
common
„
have
.
of
the
buildings, fixtures, trucks and
v^6 ' emaind"
be used
l
be
the
by
indentm-e'
""J
4
not
to
PrAf#»rrc»H
oc
?S offenng 1S not underwritten.
A^t of 193^pursuant °to &which
879
debenture^ bond?^Sfe?A dS Sn V 10^
adjustment debenture bonds Jriel
Jan
^
h? iVsneri A^
d"®-*a"; f- "'Jj are to !3e iissued. According to the apphcation. thehe
Sebei tu eJ due Dec
1951
7? ! ^
p^1 eS{ 1959 and'25-vear 6T deben\ures d4e Amil f 1955
Rprlin
under
■
support
issue,
new
$589,000 thereof
..
.
_
erS? Zl!
the
are
appear
well
as
announce
7
This
would
bonds
purposes,
situation
nrt-dMcil
Baltimore
without
it
statement
a
as
inrreace
tent4hs °f- share f°r each share
,
¥T
•
/
refunded
justified."—V.
T>oU•
;
bonds
been
but
income
authorized
be
as
no
income
made.
be
am
market
Since,
company.
indenture
;
the
the
and
"will not, except for sinking fund
'bonds
of
company,
debentures
the
respect
end,
is
the
by
holders
of
of
policy in this
such
speculation
action
or
interest
redeem
to
shares
per
were
-i
stockholders of record April 12, 1957 at the rate of three-
date,
1383.
p.
a
April 25 authorized the
of additional
preferred Stock
used
be
Sf*llc
•—*
"
On
1
Bluefield Supply Co., Bluefield, W. Va.—Stock Offered
on April 12 offered 149,925 shares of
common stock (par $4) at $17 per share to its common
.
intends
exchanged.
Such
company
to
4
will
Ini*
*7rVnittci„«
Mr.
"that
$14.50
of parts.
include corn-
to
~The company
"
n
lunction
assembly
expanded
'
Including the
,,
year' he c°n"
April 29, 1957.
on
payment'of
0
aware
to
Brvson
25,000
-Current outstanding
trading
extended
offices
company
initial
the
and
approxi-
t..e
operations.-
Offering Oversubscribed
stock
new
\nmnn„„
accepted
fact,
new
1928,
be
,
mailed
issued"
further
15
! Il
npw
a
a
the
toward
ft,
under
in
one
(Bewag), Berlin, Germany—Proposed Exchange Offer—f
'i,
'
r j-
the differential
justification
.be
aiqo
rants
Stock
sale
'
company
will
in
winding
will
employ
when
preferred stock carries warrants Wnicn entitle tne noider tot
purchase common stock at graduated prices. A total of 75,000 shares
n*™ b«en frfeseryed for the exercise of the common stock warrants,
p,.„
has
of
Berliner Krafti-Und Licht A. ^
G.
thfe
relationship
obliga-
pr ce
feels
and
System
addition
the
%
offer.
present
the
the
—
nffprpH
ottered
from
construction
7 7
been
nnri
355
new
cnml
nar
Dreferrerl
new
lssn
k
Co.
w
on
$4
of
Sh™'eS T°f $,100 Par value preferied.
Vui Lineberry said that management has no immediate plans
th* issua^e °f the 100,000 additionally-authorized common.
reciasshlcatlon
'
Gas
'
Tn^stScf recdassM^Hnn
^
between
interest
v:
'
.
Proceeds
rail-
^
'
that
was
exchange
the
the
l° be °Pened dUri"e thc
*
.company
semi-annually irrespective of earnings,
is payable annually and
only to
and
of
stock
common
Finance
through
which offering expired
t
bonds .had
1938
/
Beneiictai
1957
rv^nnnv
company
bends
terminate
to
has
company
share
a
of
total
group of insurance COmpahas fully subscribed for a
$2,500,000 preferred Stock
issue
The additional funds will hp nsprl tn rprlnpp chnrf
*®3Ue. ±ne aaaiUOnai lundS Will he used to reduce shorttcrffi D8nk loans Slid also provide
working Capital that is
required by the growing volume of
business this Year
Kenneth W. Lineberry President
said
$5? nlr shir?
share
motor
will
case
gnu aiSOVOtea to ^crease tne authorized
A
w*
authorized
value
issued
SE It
'Thp
principal amount
of the income bonds,
amount, outstanding.
In recent months
fallen off considerably, and for this reason
has
of
vaSe
Da/
stock
each
also
A
nies
?
tiOhS. Of stockholders, making a total of a S? Sub142.6%
SCription.-; Employees subscribed to 615 shares
leaving
1 800 shares available for
allotment on oversubscrintions
principal
exchange
was
"The
between
of
•
the
bonds
the
change
Stockholders
England
be
It
the
©00,000-10 700,000 shares.
inix
h»s
shares.
River.
was
in
Brockvilie
'
Tne stockholders
of
.
stock
As
mu.
voted
.
>
common
5,882
Lawrence
scare.
will
at
Sivalls &
issuance
stock
Presi-
cumulative)
year,
to
'f nn7 ?
:
$29,605,000,
leaving $25,105,000,
the
that
out
payable
income
income
improvemnt
'..V.
income
(though
23
holders
notable
.
the
the
of
adjustment plans
the
to
pointed
was
and
fixed
interest
extent
As
holders
the
in
>
-
company's
materially
p^ferred
'common
-
which
par
$4
the
St.
tne
plant
>«nf]
16,285 shares were subscribed for on
-'nrimarv SUbscrintiOns and 10 381 shares on
ovprsnhsnrin
out-
.
financial position.
At that
the
status
Sl
of
ctnek-
rnmmnn
authorized
17
the
at
Ly
terminate
for
Black
-
-Kenneth D. Knoblock, President, on
2 announced
that in the company s recent [Offering of 18,700 shares Of
Offer—
will
that
Berkshire
exchange offer will be effective at
day folowing the Aug. 2 publication
tenth
v.
Exch.
that
2
W
bonds,
the
of
the
on
Aug.
?
from
ciMed-%
exchange offer was made March 27, 1956 in recognition of the
improvement in the company s affairs justified restoration
•road's
.by
income
1.
share
6/100ths
new
the
to
manufacturing
Brockville
Privately
-
sulit
.
value
w
proposal
into
operations
that
the
.
May
business
(relinquished
:•;
4Vs>%
on
notice.
The
Jact
of
convertible
announced
The
t
stock
to
stock
cuinulaUve
a
voted
:r«??toM'S^oew —fl..i
'
^
Terminate
This
•the
sX
a
share of the
7
'
per'
$1
pfane^8^ approved
7
x
RK.—TO
to
30
Subscriptions—Of the
.
„
common
'and approved
...
& 'Ohio
and
of
ance
m0n
...
ADril
on
rp- '7'The new preierred stock, certificates of which
tp stockholders on June 14, will be admitted to "when
Co.—Stock
the
close
persons
torlvotAlw
,
,
the
The company's newly built plant near
Melbourne, Australia began
operations In
March
1957.
This,
along with
the
newly purchased
plant in Canada, brings Black <& Decker's total world-wide
manufacturing area to 930,500 square feet—an increase of
55%
over
existing
facilities less than two years ago.—V.
185, p. 607.
.
the'Site
.changed
basis, 528,139 shares, or 98.7%i were subscribed for and
remaining 7,009 shares were taken up and sold on
April 23 by the underwriters headed by Morgan
Stanley
& Co. at $44.87V2
per share.
Subscription warrants expired on April 22. See also V. 185, p. 1738.
<
7
Baltimore
.
stockholders
•Under
the
_
Suspended from
"
;
••••*.
an order temporarily suspending trading
the. Bellanca,
co5nn^?I1r)Con,ill6 x^men,!?a», at,c!ck Exchange for a
b days*. APnl 25, 1957, through May 4, 1957, "in order tb
V.1. £,
i
fraudulent, deceptive or manipulative acts or practices'' in
£ l,'h stoc£ The suspension-also applies to trading in the stock in
;
e c
markets by brokeis and dealers.-' V» 185, p. 1511.
K
,':i
^.Beneficial finance Co.—Change in Capital Voted—
registration
535,148 shares of capital stock recently offered to stocks
holders of record April 5 at $35
per share on a l-for-10
,
V*
-
>.
rj* Commission also issued
.
tne
.7
,
Babcock
"
f
?
,period pf
proposes
worth
information.
;
,
,
**
within
Eventually activities
Plete manufacturing
>
:
extenuating circumstances, including the
brought the undisclosed facts to the Com-
p.
of
*
__
^
land
tnalely luo
first began
•
company counsel
mission's attention and cooperated
fully In expediting these proceedings,
the Commission in the exercise of its discretion
determined to consider
:the. amendments
filed, to order them effective,
and to
dismiss tne
proceedings.—V. 185,
5,214,700
..
company
now
the
requisite
the
Shares
other
that
7,221,874
was .'announced on April 24, has instituted proceedings
Securities - Exchange Act of 1934 to determine whether
V~
c®*htnon- stock' of this corporation (formerly Bellanca
Aircraft Corp.) should Be suspended lor not more- than 12
months,
ithdrawn, from listing and registration on the American Stock
Exchange, for alleged violations of the disclosure and
reporting re•Qtiuements of•»..that Act; The hearing for the purpose of -taking
evidence therein us scheduled tor 10:00 a.m., May 8, 1957, in the
commission swasnington on ice.
subscrip-
<^^tanuing;
inaccurate
or
all
cancelled;
initial
persons;
disclose
and
been
amended;
Automation
obtain
25
were
shares
tor
cancelled.
offering
appears
of
stock
subscriptions
been
appears
view
Shares
or
'•
as
attempted to be done in this case.
be provided by shareholders with
prospectus
arrangements-have
$6,108,767
p. 1990.
Trading
*
ihe company's management.
thwarted," the Commission
be
worth
bona fide investment purpose without
nny present intention to dispose
of the investment.
There was no such investment
purpose here."
»
The omission of information
regarding these arrangements "rendered
-the
prospectus
materially
misleading,"
the
Commission
concluded.
However, subsequent to the institution of the stop order
proceedings,
the registration statement and
tions
3,756,390
$8,248,474
Bellanca-Corp., New Castle, Del.
(or.
a
has
$3,038,770
2,604,091
■
_■■
'.
purpose
$4,242,047
.
muit
...
funds
the
principal
of
acres
income
Net.after cnarges_
group
would
of
as
.
Tne
1
2,542,505
operating
*
stay
par^^pate^-
CANADIAN EXPANSION—On March 29, 1957 Black & Decker ahnounced the purchase of a manufacturing plant in
Brockville, Ontario, Canada, 210 miles east of Toronto..' This modern
plant has
58,000 square feet of manufacturing area, and is situated
on
4
t
time
of lesponsible persons who
before .inviting the
investing public
promoters)
this
violated
promoters of
own
^small
large to entrust its funds in
'"The
the
their
of
a
••
corf
such
f-V,% 185,
held,
Company Act.
require
to
$100,000
funds-from
uncil
redemption would be
$250,000.
*
Management
made
such
ln order to
:
with
promoters and other subscribers under which such
persons
subscribed
for
$26,500 for Automation Shares stock on toe
expectation that such stock would be later redeemed and the
proceeds
poration
Pennsylvania—Earnings
Period End. Feb. 28— .--1957—Month—1956
1957—2 Mos.—1956
Operating
revenues
$28,656,504 $25,581,794 $57,836,298
$51,427,644
Operating expenses
19,118,932
18,554,876
39,352,189
37,373,572
Federal income taxes—
3,910,100
2,693,600
7,469,200
5,402,800
,Other operating .taxes—
1,385,425
1,294,548
2,766,435
Automation
agreements
Bell Telephone Co. of
.
office
"field
additional
W.
Co. is a distributor of major home appliances, home
conditioners, etc.
It operates from waiehouses in Blueand Roanoke, Va., and covers an average radius of
air
Va.,
approximately
75
miles
from
each
point.—V.
'
185,
1270.
p.
,
Baxter
Baxter
-
Laboratories,
lidooKiioncs,
Inc.—Sales and Earnings Up—
0<ucs
^
111,163
:
■
cents
,
Ohio
Provision
^
The
for
shareholders
have
approved
increase
an
the
in
total
authorized
185,
p.
Income
.
per
163j.
•
-
a
$3.12
CONSOLIDATED
;
'
,
NET
_
Bayuk
The
.
was
Mr
,
election
Miller
Philadelphia
is
also
'and
is
officer
Inc.—v.
183,
P.
A.
Arthur
May
on
firm
for
of
for
Bayuk
as
director
a
Cigars,
Inc.,
Rothschild,
Fox,
of
and
Miller
Director—
director
of
Pennsylvania
Precision
assets
Current
'
■
Mar. 31,'57
-
.
$27,751,015
_____
_______
this
of
and
O'Brien
corporation
partner
a
and
in
Frankel.
the
working
He
Net
fixed
Net
capitol_____
_J-_
and
Gordon
Clothes,
Net
402.
.yet
'
be
to
first
April
on
mortgage
ofiered
be
The
at
14,966.061-
from
expenditure
the sale
Shares
face
would
4,960,000
5,847,103
30,112,196
the
F,
proposed
due
value
June
with
issuance
1,
the
of
1987.
They
interest
rate
or
be
used
record
about
to
finance
$38,000,000
$11,000,000
the
is
more
company's
budgeted
than
in
for
1956.
Massachusetts
Department of Fublic Utilities will hold a hearing
'on May 6 on the company's application for approval of the bond sale,
The stockholders meeting was also adjourned until
May 6.—V. 185,
p. 1383.
_
.
_,
„
Boston Fund, Inc., Boston, Mass.
The
^
cxrr*
Registers With SE
corporation on April 29 filed with the SEC
an
amendment
to its
24,792,436
:
*
A
program.
'capital Px.penditures for 1957,
10,807,103
10,571,061
■
share
per
series
than
6,745 796
4,395,000
assets
worth
approved
30
bonds,
less
not
determined.
proceeds
'capital
$19,541,135 $18,945,333
assets
worth
Co.
would
T
Net
Property and other
Long term debt
Grinding Wheel Co., Inc.,
Broadcasting
Mar. 25,'56
$25,691,129
8,209,880
.
liabilities
<•-
2.
Counsel
law
Counsel
an
of
A
Inc.—Elects
Cigars,
announced
T7.1
$2.44
WORTH
...
Current
,
,
$3,040,726 •$2,216,431
.
.
•
.
„
$25 000 000
>
snare—
-
,
Mar. 25,'56
„
______—
r
Earnings
.
•_
stockholders
The
Mar. 31'57
„
Net
•
Boston Et*ison Co.—Plans Bond Financing—
(& Subs.)—Earns.
x
$27,577,264 $23,365,464
taxes___._.—
—6,246,985
4,633,170
taxeS-_
3,206,259
2,416,739
—
H.
management
'capital stock from 700,000 shares to 1,000.000 shares.—V.
Co.
bix Months to
.net sales
.Income before
share in the first quarter of 1956.
'
Travis, associate in Robert Heller & Associates, Cleveland,
consultants, has been elected a director to succeed
the late Harry M. Falk, one of the founders of the company.
per
Everet
"t
Black & Decker Manufacturing
r
The company reported sales of $4,962,000 for the 1957 first quarter,
increase of $1,792,000 over the same period last year, and net
earn-,,
%ngs of $191,000 or 36 cents per 3hare compared with $150,000 or 29
*an
$30.87
outstanding
'registration
statement
stock.—V.
common
covering
183,
p.
an
additional
1,000,000
shares
of
2179.
•
$27.33
„
915,531
Bowater Corp.
907,184
„<•
vnr(i,
of North
Amnri«,
America,
TM
DpcnmM
Ltd.—Resumes—
.
r^re
m
_
J
r»i
Bell Telephone Co. of Canada
-
■
A
new
holders
offering
"within
Thomas
THE
E.
the
Eadie,
the
next
company's stock will be made
few weeks," it was announced
President.—V.
185,
p.
Dana
(Telephone
office
Seibert,
STate
at
President.
2-0613);
New
York,
Canada, $63.00 per year.
.NOTE:
On
account
of
1
N.
to
on
At
its
share-
May
1
by
Published
twice
(Reg.
a
x
^
r-i
a
year's
annuai
U.
week
S.
Patent Office)
[every
by
11%;
in
the
rate
of
r\
/
j
exchange,
William
Subscriptions
remittance
stockholders,
B.
necessitating
Dana
for
in
foreign
a
Coirpanv,
which
Plan
on
was
Feb.
prorating
Publishers
v
1957,
the
among
25
on
approved.
6,
Two
of
the
Newfoundland
held
was
Jan.
The
was
28,
tion
on
first
The
over-
pected
subscribers
newsprint
Pulp
and
machines
Paper
mills
damaged
in
around
April
a
fire
19
at
Bowater's
resumed
opera-
April 29.
final
to
Total
be
two
of
running
capacity
Park
of
four
machines
again
the
by
the
which
end
Newfoundland
of
were
last
mills
is
shut
down
were
and
subscriptions
and advertisements
must
be
made
in
New
York
funds.
ex-
week.
about
1,100
tons
Place. New York 7, N. Y., REctor 2-9570. Herbert D. Seibert, Editor and Publisher;
advertising issue) with a statistical issue on Monday]. Other offices; 135 S. La Salle Street,
Chicago 3. Illinois
Smith.
Copyright 1957 by William B. Dana Company.
Reentered as second class matter February 25. 1942, at the
United States,
U. S. Possessions, Territories and Members of Pan-American
Union, $60.00 per year, in Dominion or
Thursday (general news
England c/o Edwards &
Gardens, London, E. C.,
under the Act of March 3, 1879.
fluctuations
~
Employee Stock Purchase
offering,
which
was
launched
Other Countries, $67.00 per year.
the
i
meeting of
new
subscribed
Drapers'
Y.,
the
1957,
482.
COMMERCIAL AND FINANCIAL CHRONICLE
William
post
of
•
Offering to Employees Oversubscribed—
^
Plans Offering
of
:(2096)
.
'
184,
Subs.)—Earnings Off-
Months Ended March 31—
and other operating revenue™
Transportation
Total
38,272
Net
17,539
_____________
842,002
1,310,672
$0.57
'
1030.
p.
*
i.
$1) at
stock (par
used
This offering
*
BUSINESS—Company,
with
and
laboratory
and
:
Common
Common
stock options—.—
_
long
(so
company
_____
as
that
383,383 shs.
25,117 shs.
shares
shall
ties
Ilemphlll,
Noyes
p.
185,
The
filed
has
company
for
rates
annually
"Net
Net sales
and
"Net income
interest
and,
-
2,728,077
$1.08
—
directors
of
as
to
from
Sales
income
Net
Dividends
Inc.
after
Current
'
taxes
1,468,614
688,724
business
at
end
of
assets
33,303,507
44,569,648
period
_______
39,234,991
liabilities
689,089
9,293,785
35,275,863
62,139,992
$0.85
Earnings per share
The
consolidated
sales
1956.
Net income
of
last
of
statement
was
the
February at
Perth Amboy, N. J.
The
share
May
directors
the
on
17,
on
April
according
President.—V.
185,
of
by
"The
large
on
It
re¬
by
super
a
^25,000 sharpy of common
rnade on May 1 by Charles
New York Stock Exchange
in the business of financing the purchase by automobile
and South
Central
United States
America
of automotive
'
manufacturers.
Natural
adequate
retail
capital
original working
facilities
for
products produced
■
Gas
Corp.
on
Offers
—
Stockholders
April 30 offered to holders
of its common stock
(par$l) rights to subscribe for 226,additional common shares at a subscription price of
per share, on the basis of one share of additional
820
$9
for
common
record
each
2Vz
shares of
common
stock
held
of
April 24, 1957. The subscription offer will ex¬
pire at the close of business on May 13, 1957. White,
Weld & Co. is manager of a syndicate which will under¬
write the offering.
asserts,
Latin
would
be
American
the
of
giving
corporation,
wholesale and
the prospectus
company's
limited
wholesale
financing
to
purchases
selected
by
dealers.
fiids
'
will
EFFECT
TO
PRESENT
—
purchase
V.
185,
stock
Months
Three
Rales
and
PROCEEDS—Net
proceeds
from
sale
the
of
the
additional
and
(expected
applied toward
complete
during
the construction work which
the
Wall
company
plans to
1957.
initially
this
The
completed
or
constructed
have an
gram,
under
estimated
the
company's
population
of
1957
com¬
315,215
The
made
to
the
date
of
the
loan,
will
that
possibly
two,
of
permit
the
the
substitution
communities
in
of
which
natural
the
in
gas
New
post
investment
company
now
con¬
and
serves
and the introduction of natural gas in two other communities
presently served by the company.
The 1957 program also con¬
templates the further expansion of the company's distribution facilities
LPG-Air
assist
certain
natural
of
the
communities
F.
A.
April
on
and
Kusik
him
announced
30
up
Dell
said
the
GIVING
EFFECT
TO
company
PRESENT
now
Authorized
Net
—V.
4%%
20-year
In ten m
n
d-e
e>
notes due Sept.
55c cum. pfd. stock
as
per
185, p.
stock
Common
1960
(par
$1)____
$3,589,450
C.
3.5"9''50
1,600,000
31,
1958
1,000,000 shs.
Notwithstanding
amount
time
the
cost
such
of additional
prior
'
to
Sept.
theretofore
one
or
more
may
1958,
in
incurred
in
1,
11793,869 shs.
series may be issued thereunder.
introduction
of
natural
gas
in
Off1956
$4,267,884
$4,788,377
964,719
493,692
—
653,438
*
*
of
a
new
senior
become
Manager of
Vice-President-hnance,
in
new
this
the
capacity
financial
of
aspects
the
re¬
Edwards
Mr.
Chesapeake
Mr.
Vice-President-finance,
Kusik
succeeds
FOR
APRIL
30—
AND
profits
security
stock.
&
fund
1957—Month—1956
debentures,
for
$
33,838,000
132,084,000
5,703.000
5,248,000
19,837,000
20,271,000
$0.71
$0.65
$2.46
$2.53
share
com.
1635.
new
directors
were
elected to the board at the company's
meeting of stockholders held on May 2.
Alvin W. Pearson, Executive Vice-President and a board
of The
Lehman
Corp.,
and,
Albert B.
and Treasurer,
Richardson and
respectively,
Tr>c.—V.
184,
p.
second
and
final
to
debentures
by
Coastal
Co.,
an
issue
not
exceeding
30,
June
shares
(with
With SEC
with the Securities and
covering $5,000,000 of 5^%
1977, with common stock pur¬
Coastal States $1 par common
1957,
1,
of
warrants)
are
to
be
offered
for
public
were
B
bank
and
assumed
the
been
developed and operated by Wymore Oil
of Wyatt and A. A. Moore, which prop¬
States in exchange for stock and
Coastal
A
total
of certain indebted¬
1,022,000 common shares and 310,000
by Coastal States
of
to
transferred
or
are
to
incurrence
were
shares
a
composed
obligations.
shares
common
(at
transferred
assumption
and
common
had
States
partnership
a
Mr.
Wyatt
and associates,
of
indebtedness
incurred
$1,013,385.
and
the
1,291,433
outstanding.
proceeds of this financing. Coastal States proposes to
of $2,425,000 incurred in
the acquisition of
indebtedness
pay
the
County Ranch
Company and John C. Robbins Field leases, and the construction of the
Texas
City, the Midway, Carancahua Bay and other gas gathering
systems.
The balance of the proceeds have not been allocated to
particular purposes and will be added to general funds of th" company
to be available for the construction and acquisition of additional gas
capital
stock
Gas
of
Gathering
Company,
the
Duval
gathering systems, the development of existing oil and gas leases, the
acquisition and development of additional properties, and for working
capital.
i
Reports Increased Income in First Fiscal Half—
Oscar
of
it
819.
as
supplied by
be
purchase
2222.
instalment
figures
Blair
of
William
.
due
300,000
to
of Chesebrough-
Chicago, Milwaukee, St. Paul & Pacific RR.—Equip¬
Trust Certificates Offered—Halsey, Stuart & Co.
i*ia
onered $t>,000,000 of 4%%
equipment trust certificates,
maturing semi-annually
Aug. 1, 1957 to Feb. 1, 1972, inclusive. The certificates,
the above
in
amendment. The warrants will entitle the
stock at the rate of 60 shares for each
price to be supplied by amendment).
Coastal
States
was
organized under Delaware law in November,
1955, to provide a corporate organization to acquire, further develop
and operate interests in
gas gathering systems and oil and gas prop¬
erties owned by O. S. Wyatt, Jr., President and Board Chairman, of
Corpus Christi, Texas, and others.
The principal properties acquired
are
With
$
138,167,000
included
underwriting group headed by Paine, Webber, Jackson
& Co. The public offering price and underwriting
an
and
company
1957—4 Mos.—1956
$
37,063,000
not
April
on
debentures
through
Curtis
the
MONTHS
are
registration statement
filed,a
Commission
The
$1,107
policy to carry them directly to surplus.—V, 184, p.
our
warrants
chase
$0.31
$0.19t
share
$17,450
company
sinking
A,861,057
381,000
$1,164,477
transactions—after Federal
security
Coastal States Gas Producing Co*—Registers
This
class
FOUR
263,000
$870,993
"
taxes
Exchange
ness
FIRST
depletion
'-"4,701,437 s-
common
per
"These
Mr.
said.
and
depreciation
income
on
$1,000
Treasurer.
$5,835,430' - $6,406,534
-
expenses,
on
terms
ment
a
One
1,073,854
—
income
Net
1957
a maximum
of $1,700,000 principal
be issued under said mortgage at any
an
amount not to exceed 75%
of
the
One
Kusik,
E.
Assistant
Isola,
Treasurer,
Watson, Vice-President
Ponrt'<!
+None
restrictions,
bonds
Co.,
§1,600000
358,945 shs.
-Subject to certain restrictions set forth in the mortgage securing the
bonds, additional bonds in
Trust
They are:
member
$9 loo 000
Oct.
30,
annual
bonds,
(without par value)
19,
Chesebrough-Pond's Inc.—Three New Directors—
serves
FINANCING
Co.,
May 7 for
due 1987.
.•
.
;
1957
31—
—
taxes
erties
income
Earns,
Outstanding
A, due April 1, 1976
creation
new
a
that
supervising
income
Three
mortgage
15'/2%
4»/2%
which
^
x
series
of
from Treasurer to
John
also
in
EARNINGS
Gross
,
interest
and
sale
appointment
moves
Month Ended April
gas.
CAPITALIZATION
"First
in
Loans
bankers'
April
at
investments.
Ohio
not
in
the
at
which
annum.
department,
Mr.
would
the
one,
$500,000.
company
the
$
company's 1957 construction program contemplates further
exceed
be
at
aggregate.
struction
to
not
will
capital
equity
for the common stock is Irving
York, N. Y.—V. 185, p. 1512.
Edwards
A.
pro¬
in
per
but
company's
be
to
construction
approximately
$360,585)
the
of
agent
company
finance
D.
March
revenues
holder
Edwards
the
47/a%
Street,
The
are
be
amount
Chesapeake & Ohio Ry.—Changes in Personnel—
&
now
served by the distribution facilities of
and the additional communities in which new facilities
to
current
rate
transfer
ported.
communities
the
to
commitment
was
BUSINESS—Corporation distributes natural gas In 21 communities,
and
liquified petroleum gas-air (LPG-Air) or carbureted water gas
In five communities, in the States of
Washington, Oregon and Idaho.
pany
Ended
received
New
limited
is
acceptance
common
will be used by the company for the payment of a note and a
loan, and the balance will be added to the funds of the company
Co.
The
on
bonds
(
operating
Operating
Federal
York, has agreed to extend to the company
credit by which the company will be enabled to borrow from
of
1957,
$25,000,000 ' first "mortgage
Total income
the bank, from time to time, on a short-term basis. No such borrowings
have yet been effected by the company.
The commitment of Irving
under
Trust
N./ Y., up, to, 11, a.m.; (EDT)
of
it
income
Other
Outstanding
500,000 shs.
1,000,000 shs.
(par 10c per share)
Irving Trust Co.,
Trust
May 7—Irving
at
company
1635.;
p.
income
line
from
this
by.
Cleveland-Cliffs Iron Co.—Sales and Earnings
"Profit
FINANCING
Authorized
a
received
be
Wall/St.,; New York
trie
Earnings
GIVING
CAPITALIZATION
on
shares
bank
Airtemp 2-ton waterless package, intro¬
for hemes in the 5- to 6-room range,
year
successful in that market.—V. 185, p. 1991.
Cincinnati Gas & Electric Co.—Bids
.
Dividends
simultaneously their
proposed business,
financing
The
transactions.
Common
Rights—This corporation
last
time
this
about
this
to
to an announcement
715.
p.
pointed out that the
was
duced
has been
Cascade
he said.
packaged conditioner enables penetration of a vital segment
6 to 7 room house."
new
had proved most
financing, will total approximately $360,000.
According
to the prospectus, Latin American deaiers have usually not had avail¬
able to them, either In their own countries or in the United States,
quarterly dividend of 40c per
June 10, to holders of record
by Clinton F. Robinson,
a
payable
the field
the market—the
of
dis¬
had
line of
to the Airtem
the
-
PROCEEDS—The
strike in Janu¬
refractories plant in
affected
in
effect
the same period in
below the first quarter
9%
was
1957
dealers
over
declared
18
stock,
common
1957,
company's
months
three
8%
Net Income was adversely
year.
and
ary
first
the
for
which were
$1,468,614 which
$27,673,350
share.
1957 to engage
58,833,893
$0.94
.
assets
ports
t,
1103-2, the company's competitive position in
of residential air conditioning is immeasuribly strengthened,"
BUSINESS—The corporation was organized in Delaware on March 19,
20,188,563
Net
at $1 per
9,046,428
Working capital
Current
offering of
stock (10 cents par value) was
Plohn & Co,v members of the
1,611,685
36,738,175
_
stock
common
on
reinvested in
Offered—Public
1957
y*. *• 1956
i.~—1- $27,673,350 $25,539,328
___
conditioner, designated the Airtemp 1103-2, was hailed
Mr.
Central and South American Acceptance Corp.—Stock
8%—Earnings 9% Lower.
3 Months Ended March 31— ^
central home air condi¬
3-horsepower
cost
1039.
Scurry-Rainbow Oil Ltd. below.—V. 185, p.
Carborundum Co.—Sales Up
low
new
a
$1,000 or less installed," was made on April 22
Vice-President of Sales for the corporation's Airtemp
"With
the
of
member
a
of
Knoff,
Knoff as "a most important addition"
286 air conditioning and heating products.
Guy A.
Richardson,
reared,
w..o
is
all business Interests.
Mr. Richardson
board since 1947.—V. 185, p. 1383.
replace
himself
associating
served
"
retailing >"for
F.
The
by
Chief Executive Of¬
elected to the board
Wagner, Chairman of the Board and
Champlln Oil & Refining Co., has been
for
52,000.000
•
53,922,658
585,938
46,000,000
™.U
Division.
Co.—New Director—
Service
'■
62,178,951
1,171,875
11,-900,006
77,013,186
-• -
823,505,999
vj •: f
r. ■ >.•.
'
.
waterless
by J.
1991.
Richard
ficer
Ltd.—Merger Voted
Canadian Pipelines & Petroleums
Illinois Public
Central
earnings
Disclosure
,/
seeks an average increase of 9.6%, which would raise
the average bill of Calectric's domestic customers by only 33 cents per
month, Albert Cage, President, said In announcing the application.
—V. 185, p. 1745.
t
^
long-term debt—»1,757^813
on
tioner,
preferred
quarterly and of $672,384 annually.—V. 185, p.
---
.
Airtemp Markets Packaged Home Air Conditioner—
3,477,488
2,705,161
$1.04
terminated at Dec. 31, 1955, income
dividend requirements of $168,096
untij
before
and
reservation;
1950
3,618,468
(end of period)
share
common
per
"After
•
1,210,335
-
shares outstanding
expenses.,
,
$46,545,521
$10,905,772 $34,504,730
Net earnings per share...
$5.34
• V
$1.25
'"-$3.96
Capital expenditures for improvements and additions to land, build¬
ings, machinery and equipment in the, first three months of 1957
were
$27,688,335, as compared with $17,872,798 in 'the same, quarter
of
1956.
Depreciation charges in the first three" months of 1957
totaled $21,473,382 as against $15,308,114 for the same period in 1956.
L.
L.
Colbert, President, on April 25 further announced that the
company's plant improvement program will continue -to require sub¬
stantial capital investment.
He added; "It is essential to the longterm interest of our
shareholders and employees that provision be
made
for
the
plant and facilities that will be needed -to compete
effectively in the years ahead. A major portion of the required funds
must be generated from depreciation and earnings."
Net
2,705,161
$0.38
1957
-
].
.
and foreign income taxes
S.
U.
$28,559,513 $26,517,442
5,098,087
4,975,157
-
general
Interest
!'
1955
„
657,626,961
975,263,090
service
advertising,
-
;
$1,152,579,610 $743,783,559 $958,519,325
products sold
engineering,
selling,
>:
4
2,728,077
$0.36
,
/
;
'
* 205,66!
,
Administrative,
11
Inc.
,;,1,153,998
—
——
misc.
Income
of
Cost
420,880
-
and
i
/v .' 454,948
—1,150,723.712742,349,267 958,128,384
income.—-.
1,855,898 / 1,434,292, 390,941
trucks
Total
'//.V'1956 V:
/1957
V
and
cars
;
—Sales
1;!'/I
Show Gain—;
sold—passenger
Interest
*•»
•.
(& All Wholly-Owned Subs.)
Three Months Ended March 31—
Units
4
1956
$8,091,464 .$7,630,658
1,525,823
1,552,715
common
12 Months Ended March 31—
company
See
Co.,
Tex.—Files With SEC—
on
.
and Earnings
'V
-7,1957
—
Operating income after Federal Taxes—
U.
returns.
The
/ ,7 •/
7J 7".
outstanding (end of period)—
share—
—_
shares
per
corporation
;V..
7
Co.___i_.__
&
&
•'
7
_______
Inc
Co.,
Witter
Operating revenues
1956
year
&
Yantls
S.
F.
i
Income
Earned
an
calendar
of
Dean
10
Co
Operating income after Federal taxes
Common
The
•
Central Hudson Gas & Electric Corp.—Earnings—
Earned
P.
California
the
with
basis
the
on
&
1634.
Walston
Three Months Ended March 31—
Higher Rates—
designed to raise revenues by
application
an
in
increase
an
$2,008,543
Schwabacher <fc Co._
>.
'
11
Lentz, Newton <te Co.____™_—
4
7.
-
r-yi
.
April 22 filed a letter of notification with the
covering 8,970 shares of common stock (no paw to-be offered
to
stockholders at, $b per share.
No underwriting is Involved.
The
proceeds are to be used for working capital.
.v
the
*
.:V
■-
from
Chrysler Corp.
Hogle & Co
Peabody & Co
;
>:
-.
•
Ry.—Bids May 14—
SEC
;7;7;.7. 7/7
Operating revenues
Common
estimated
Inc.*——
Co.
A.
New York Hanseatic Corp.;
Wm. E.
Hammill & Co., ah<I~Suplee, Yeatman,
Co.;
Chico Foods, Inc.; Dallas,
/
Kidder,
11
Co
—V.
Los
J.
Union Securi¬
Dillon,
&
California
First
on
Commission
1957
for
4
<fc
Shearson,
Inc.;
'
W.
Co.;
company
the purchase
to
20
Weld & Co
White,
Blanchett, Hinton & Jones, Inc.
covered,
150
It, to be dated June
upon the exercise of warrants
purchase from the company, are
/.. \7/77/f7-V 7777';7 '• ,7": 7 777
subscribed
be
.
will up to noon (CDT)) cn May 14 receive bid6 for
it of $3,000,000 equipment, trust certificates, series
1/1957 and to mature semi-annually from Dec. 1,
to and Including June ' 1, 1972.—V, 185,-" pr.1746.f-e,- y-y-.V-f
The
;
the principal underwriters. of the
and the percentage of such of said
severally agreed
follows:
as
part
California Electric Power Co.—Seeks
not
has
each
&
of
offered
1
by
secured
be
to
:V-. >•; \ '
Chicago, Rock Island & Pacific
\
as
names
stock
common
as
shares
which
any
of its current $30,000,000 expansion program, this com¬
April 30 announced the purchase of certain assets of the
Angeles,
(Calif.)
firm of Ellis-Klatscher & Co. in a
deal which, Including leasehold, Involves approximately $1,500,000.
Ellis-Klatscher, In business in Los Angeles since 1912, were whole¬
sale distributors of general merchandise. Involved was the one-story
modern warehouse and office building, constructed less than four years
ago,
located at 5330 West
102nd street. The building has 92,000
square
feet of space
and complete
switch-track facilities. Butler
Brothers plans to take possession on May 17, and will immediately
start a remodeling and re-stocklng program so that merchandise and
equipment will be identical with similar facilities in other parts of
the country.
The new acquisition will be part of the Ben Franklin
variety store division.
The
Ben Franklin
chain now consists of 2,500 stores In all 48
states, Alaska and Hawaii.—V. 185, p. 1991.
As
pioneer
7;
for the payment at maturity of
amount of 4,/2% notes due Sept.
necessary
be"outstanding
may
of
Eastman
pany
funds
UNDERWRITERS—The
Brothers—Acquires Los Angeles Firm—
Butler
77
30,
described in note (§) above, are
expected by the company to be provided through the Issuance of secu¬
rities, which may consist of additional first mortgage bonds or other
securities, the nature and amount of which cannot now be determined.
of its preferred shares remain out¬
standing) is obligated to set aside $6,000 per annum commencing July
1, 1957; as a .sinking fund for the retirement of its preferred stock
at par value plus accrued and unpaid dividends.—V. 181, p. 1471.
"The
Co.,
i
it)
See note
7'7,••
7-
—1
subject to authorization of
Co.'.Jnc,—V. 185, p.-1882,-
Mosley
,v
$1,600,000 principal
of
maximum
1,500 shs.
J,
7; _.,,7
,
T5
into the company.
NOTE—The
1958
$300,000
$300,000
.1,694 shs.
750. 000 shs.
25,117 shs.
subordinated conv, debs.
pfd. stock ($20 par value)—
stock ($1 par value)__
■>6% (Cum.
Hutchinson
Pollock
of such preferred stock is
In'payment'(Of "the interim notes.
777/;.77l v.v"■' 7.7;/•/.v
company
Outstanding
Authorized
10-year 5 Vvfo
McMaster
illncludes 824 shares held at April 24/1957, for issuance in exchange
for stock of Northwest Cities Gas Co. pursuant to the merger of that
,
CAPITALIZATION GIVING EFFECT
•
.
of authorized shares
number
issuance
for
above.
plant located in
manufacture
Instruments
apparatus for industrial and
V
'
7 "
TO, PRESENT FINANCING
purposes.
entire
reserved
•
and
office
main
its
instruments
and
apparatus,
industrial
'
is engaged in the development and
instruifients, medical and clinical laboratory
aircraft
^
holder of
The
is
certificates
of
also
certificates,
the
for
-
•
issue
entire
The
1958
30,
above. _./<
referred to
tThe
-
Calif.,
Monica,
Santa
work
shares will
capital and for gen¬
'
4,/2%.
\
.
sale of the common
to augment Its working
by the company
corporate
Sept.
to
•
.
hopper cars and 1,000 box cars, to cost not less than $11,250,000.
Participating in
the offering are: Dick <Se Merle-Smith;
R.
Fressprich & Co.; Baxter & Co.; Freeman & Co.; Ira Haupt &
principal amount of such note will be
and the interest rate thereof will be
such note has agreed to lend from
time to time prior to Sept, 30, 1957 not In excess of $1,000,000 against
delivery
of a corresponding principal amount of \xk%
notes, due
Sept. 30, 1958. The company presently proposes to issue such amount
of said notes as is required to provide funds-forvita 1957 construction
to
increased
,7
.
price of $1.70 per share.
and the books closed.
a
purposes.
of
;
Hutzler bid 18.733%
•«'-•
' ••
&
Bros.
4a(js.
Issuance and sale of the certificates are
the Interstate Commmerce Commission.
0
remaining $600,000
the
of
date
extended
•"
\
proceeds from the
PROCEEDS—Net
be
eral
v
the sale of the shares of common stock now offered the
will, as stated above, apply part of the net proceeds thereof
to the payment of $1,000,000 principal amount of the presently out¬
standing 4\a"fo note due March 1, 1958,. and thereupon the maturity
$0.72
iP
oversubscribed
was
/''7;
;
Salomon
as
company
— Stock
Sold — Townsend,
offered 60,000 shares of common
Graff & Co. on April 30
■
$0.30
company.; ;.i
Manufacturing Co.
Burton
f
1,094,456
$0.35
outstanding—
share
_______—
Dividends paid, .per share™—
per
185,
v
§Upon
of common stock
Earned
—V.
.($788,646
taxes—
income
income____™_____.™_----_~-~.--r.---
Shares
>
$5,569,046
3,926,255
r 854,145
$748,889
income—
Operating expenses, etc
Federal
*e
$5,591,143
4,000,252
other income
and
Interest
?!?6en.
$5,551,507
™1„«
$5,oo2,871
-
.*
r.
..
f SThe interim notes are payable at maturity at the'gWctiOii 'of the
company' by delivery of five shares of 55c cumulative preferred stock,
without par value, for each $50 principal amount of interim notes. The
mortgage securing the bonds provides that the company will exercise
its election to
pay the Interim notes at maturity In shares of such
preferred stock and will not prepay said notes in whole or in part in
cash, provided that the company may pay said notes at or prior to
the maturity date with the proceeds from the substantially concurrent
sale of capital stock or notes payable solely In capital stock of the
,
7v"" 'V'.V"'■-
/'V-'"'
Buckeye Pipe Line Co. (&
Three
'-V - /
:
2222.
p.
Oregon.
$9,000,000, are scaled to yield from 3.80% to 4.50%, ac¬
cording to maturity. They were awarded to the group
on May 1 on its bid of 99.40%.
\
communities of Eugene and Springfield,
company's facilities in the
the
newsprint and pulp daily.
Members of the papermakers unions have
agreed to • make up by overtime production lost as a result of the
lire,—V.
1957
Commercial and Financial Chronicle... Monday, May 6,
The
4
S.
fiscal
company
1,269,775
Wyatt, Jr., President, reports that in the first half of the
year,
covering the six months ended Dec. 31, 1956, the
a
net Income of $168,754 or
13 cents per share on
had
shares then outstanding. This compares with a net
reported in the eight-month period from Nov. 1, 1955
common
income of $3,828
(when the company commenced operations) through Jun° 30, 1956, the
end of the fiscal year.
Net income in the December charter amounted
to
$154,108
Gross
against
ps
income
compared with
in the
$637,416
$14,646 in t^e September m-n-w.
six months ended Dec.
in the
eight months
31,
1956 was
$941,856 8?
ended June 30, 1956.
In the
Volume 185
Number 5635
December
quarter,
The Commercial and Financial Chronicle
...
5
(2097)
witn
fiscal
income totalled
gross
$586,641
compared
as
$355,215 in the-fiscal quarter ended Sept. 30, 1956-, .., :
v
before' depletion and depreciation amounted..to .$379,562
half
iirst
eight
of.
months
income
fiscal
ended
before
1957.
June
This
3C.
depletion
1956.
and
with ,$181,363
compares
In
the
December
depreciation,
$100,733u in. the-September liscal quarter.—V.
fiscal
.$278,829,
was
in
-
'
J.
H.
Whitney & Co.
Corinthian 'Broadcasting
Ll.
the
for
quarter,
coordinating
ing Houston,
radio
Colonial Stores, Inc.—Registers Debs.j With SEC—-
the
*
; ;
the"
-
corporation
April
on
30-filed
-registration
a
statement
with
SEC
covering $5,OdO,000 of sinking fund debentures, due May 1,
be offered, for public sale through an, underwriting group
HemphHl, Noyes & Co. - The -interest rate, public offering
price and .underwriting terms are to be supplied, by amendment/■>'
f
The. corporation, operates 450 self-service supermarkets in 215 com-
.
The
11
m
southern-and
net
mid western
general
company's
portion of Its
of
general funds,-including funds*generated- thiouglv-operations, to further
modernization, improvement and e xpansion of its chain erf stores
TV
•next
12
•will-
all
months
remode*
wilt
and
open
equip
or.-enlarge- about
in
the
45-jnew ;.supermarkets
at'an,
over-,
the
Columbia. Gas System, Inc.—To SelL Debentures—
TOe directors- oh
*]
May 8 with the Securities and
.*•
V
The
ing
r
Commission.
proceeds
to
will
George
be
'•*'
on
■•
■
applied" to the
S.* Young,
r-ri
"••■'
;
.
1957
President.^—V.'
'
..'-v
'
7
construction
185",
'■■■
/
•
fund,
This
Net
to
a registration statement with the
$3,000,000 of first mortgage bonds,
covering
be offered
to
proceeds
aggregate
for
will
public
be
used
$2,500,000
outstanding
for
and
progress.
in
now
Bids .will
N.
Y.,
the
be
'
Corn Products
1987.—V.
1,
pay
the
time
additions
of
the
and
the
by
$3,UOJ,OOG
185,
iuvi
sale
of
the
Eiirnings
April
on
bonds)
in
mortgage
bunas,
series
stock
common
this
of
corporation
trading on the New York Stock Exchange,
the
Board,
The
been
announced.
stock
moved
listed since
There
from
1950,
the
128.288
Its listing,
shares
Stock
the
on
Pacific
May 1
Chairman
where
earnings
shares
of
Corn
'
\
reported
period ended
it
througnout
sales
the
nation
and
representatives
will
terrupted
In
record of
dividend
quarterly
,
fv ^" ?v
payments.
and
'';7
..i'*!/ ". T1
' .^'•
,
Continental Air Lines, Inc.,
:
With
7--.
'•
25, John F,
President.
: *■: V/
1
-
t
pointed
In
to be- supplied
Net
©f the
proceeds
funds
of
project
or
is deemed
the
ized
be
by amendment. financing, have not been
funds
to be
of
the
the
to
company.
- -
.
allocated
to
Civil Aeronautics
and
$0.47
'Vr:-
$.12
!
stock.
R.S.<tS.
for
sugars
This
by the company's expanding fleet.
2- " 2
" V
Air Lines recently inaugurated' service between
Angeles and will also serve Kansas City and Denver.
company filed
Exchange
its
no
a
Commission
par
stock.' -The
common
subscription at $30
mon
stock, at the rate
the
on
Atlanta,
The
heads
President
accepting
Vacuum
variety
a
of
(to
list
a
of
be
of
company
share
additional
one
supplied
21
by
to
proposes
holders
by
of
its
share
offer
Joel
amendment).
'
*
-
in
the
stock
com¬
&
held
Co.,
The
SEC
various
underwriters.
of.'the
board
of
directors
Chairman'!of
to offer himself
Vice-President
charge of
Presidency,
the
the
of
diversify
of
this
<$1
will
be
spent
over
three
a
period,
year
machinery and equipment for plants located at Birmingham and
Prattville, Ala., and Dallas, Texas, and for increasing plant facilities
on
at
Atlanta, Ga„ and
Memphis, Tenn.—V.
161,
1877.
p.
Metals
Corp.,
Paterson,
This
corporation
24,
1957,
400.000
shares
Leward
M.
Lister
commission
to
receive
N.
J.—
of
purpose
four
shares
The
1954.
to
Y.,
on
a
of
See
shares
December,
Mines
is
of
Boston,
underwriter,
sale
at
$1
with
the
Sales in
date
par,
per
share
which
will
on
which
of
through
receive
a
adidtienal
sold
was
tbe
for
the
of
account
under
New
the
law
August,
on
no
and
owner
The
directors.
stock
the
of
of
laws
12
of
other
It
is
than
the
Tustfn
the
unpatented
39,995
claims;
business
and
Mr.
owner
Mines
Province
mining
shares of Tustin
in. exchange
the
Schack
issuance
of
39.995
Ltd.,
of
of
This
in
stock
transferred
for 600,000 shares «f the
the
the
company's
Mr.
Connelly
Board
this
to
Mr.
stock
latter's
to
stock.
to apply the net
proposes
proceeds of this offering to its
administrative expenses and to. the program- of
exploration
development of its properties. According to the prospectus, if all
500,000 shares are sold, "the
public will have furnished virtually
normal
and
the
all of the
company's capital, and will thus" bear the entire financial
risk of thp.
venture,- but will hold only 44.84 '<& of tbe stoek, whereas the
..promoter and
the officers
and
directors ,o£ the company
and their
associates will own
55.16%
of the
operating;
an
at
stated
stock,-substantially-without
ovm
funds."'
'
'
\
"
risk
statements
of
by
loss
a
$79,000,
Of
This
sales
on
185, p.
$353,000
income
of
sales
on
of
$10,059,000
with
compares
Federal
a
an
operating loss
carryback of $149,000
tax
$11,645,000 for
the
corresponding
1384.
and
was
as
ap¬
1956
$4,361,963
role,
137,000
$144,880
$127,360
381,562
381,562
$0.38
$0.33
acquisition.
only frcmn March 1, the
corporation
is
a
.
new
which
full
his
31
1957 include Yocinn Brothers Brands
system of long-distance static-free radio
communication,
operates with virtually 100%"
dependability under weather and
ground conditions that render other forms of
would
he
264,360
*'
144,000
.
Division.
that
'
1957
$4,500,773
288,880
has acquired as a wholly-owned
subsidiary Radio
Laboratories,. Inc. (REL), of Long Island City, N. Y.,
largest manufacturer of "tropospheric scatter" radio
equipment
and also the leading
independent supplier (to the American telephone
industry) of radio-telephone transmitting equloment, it was announced
on April 26,
by David T. Bonner, President.
4 •
"Tropospheric scatter" in which REL played a major -developmental
long-distance communi¬
inoperable, unreliable or impossible, it is currently the heart of
Continent's vast Far* Northern defense communications network
and huge "tropo-scatter"'
relay stations dot the Artie landscape.
'
* i
The acquisition includes all REL's
produo*ion and research facilities
/.<••.
cation
Syracuse,
Y.
Expansion—
expansion program
division
the
expansion
vacuutp-melted
April
on
filed
24
Leather Co.,
Pa.,
been
final
agreement
Transicoil
the
the
the
of
\ The
at
is
being
high
two Long Island City
hand,-
will
undertaken
quality
its
plants,, military and commercial orders on
developmental processes and other assets.
REL will
under Its own name, as a whoH-y-owned DCA sub¬
sidiary, and all present executive,, engineering, technical and production
personnel, including its President, C. R. Runyon, Jr., are remaining
with tbe company, it was stated.
r»
*
;
company's
program
patents,
continue
to
bearing
to
operate
Current REL production
a,
letter
<rf; notification
with
Inc. above.—V. 185,
the mainland
as
well
been
Of
missiles
of
the
and
two
four, it
that
and
machine
it
company's
The
air¬
new
Transicoil's
and
components
in
units
for
instruments,
Transicoil's
guided
plant at
production
missile
and
missiles.
fields
of
motors
and
1943,
facilities
in
ployees.—V.
and
prior
New
consist
and
owns
avionics,
and
and
primarily
servo-motors,
of
precision
1S57,
chase
covering
Plan,
a
DeKalb
With
&
Transicoil
company
April
<$10
of
for
sharei
per
one
June
new
14.
on
22,025
to
share
1957.
of
has
statement
interests
146,341
In
shares
25
filed
shares
of
each
a
of
letter
common
of
seven
with
its
the
SEC
Employee
of
Plank.
that
President
$15,000,000
bonds.
He
Securities
the
and
directors
principal
stated
and
that
areas) by
2,300 teletype
than
also
W.
is
Bliss
the
and
Corp.,
1273.
p.
a
director
York
of
is
and
announced
was
New
Chairman
Co.,
Intertype
185,
as
company
in
law
the
a
member
on
firm
Executive
director
of
Manufacturers
April
of
of
26.
Simpson
Committee
Atlas
Trust
Corp.,
Co.,
and
amount
5:5%
a
sales increase
for
the
Diamond.
compared
first
President, reported on April 29.
with $1,529,000 for the first three
quarter
Sales rose
months of
185, p.
Kleen."
1514.
May
notification
to
1,
be
p.
1957
on
at
the
'
the
•
'
of
registration
April
an¬
mortgage
statement would
and
be
application
filed
would
with
be
the
made
a
major advance since the coating assures
cleaning of crucibles.
Crucibles still must
heat, but dross adheres less tightly.—V, 185,
935.
E'AI
rental
Associates,
President.
makes
and
otherwise
26
for the sale of
and collateral
trust
first
Exchange Commission,
on
each
Inc.
—
Introduces
Computing
The introduction of a digital computing system to form a combina¬
tion
analog-digital
facility
at
the
corporation's
Princeton (N. J.)
Computation Center, was announced on April 29 by Lloyd F. Christian-
basis
Financing—
said to be
thorough
after
Electronic
son,
Manager,
approved a plan
are
more
System—
par
rights will expire on
The proceeds will be used
General
have
They
and
cleaned
be
with
offered
protective chemical inner face coating that resists dross adherence
has been developed for aluminum melting, a spokesman
corporation reported on May 2.
As a result, the company is
producing a new line of crucibles in any desired sizes, called "Ezi-
this
easier
held;
underwriting is involved.
program.—V. 183, pt 207,
Delaware Power & Light Co.—Plans
H.
remote
or
moro
crucibles
States,
H.
Johnston
this
corporation recorded
$1,614,000
now
common
•
nounced
He
E.
Co.,
1957, Grant S.
for
April
Pur¬
on
Stock
Rubber
Dayton
stock
record
shares
No
construction
of
L.
of
partner
a
Bartlett.
Baking
to
in
Co., Sycamore, III.—Files
Exchange Commission—
stockholders
for
or
Share Co.—New Director—
&
Oswald
is
of
Telephone
and
covering
of
Brothers.—V.
This
its
manufacturing
approximately 200 em¬
be purchased under the Plan.—V.
Securities
The
SEC
messages,
single
a
1956.
registration
with
Ogle
voice
on
Electro Refractories & Abrasives Corp.—Sales Up—
synchros, servo-amplifiers, in¬
The company
was
founded
generators.
$3,600,000
together
stock which may
stated,
trains,
gear
A
filed
company
inaccessible
and
gaps
132
as
committee
director
a
General
Dayton Rubber Co.—Registers With SEC—
The
Bonner
industrial automation equipment; precision electrical and
and air conditioning systems.—V. 185, p. 1884.
Johnston
Thachcr &
operates
automation
locating in Pennsylvania had
City.
1992.
p.
company
electronics,
York
185,
Mr.
t
motor
to
field,
through other of its subsidiaries, is a major producer
analog computers, radar, gunfire and guided missile con¬
election
Mr.
.
motors,
purpose
duction
in
communications
company,
executive
Stem
energy.
Transicoil's
products
water
over
many
Electric Bond
variety
of
commercial
as
specialized assemblies
well
The
nuclear
radio
simultaneously
systems;
The
air¬
wide
as
guided
the
stated.
was
operations
35,000-square-foot
that
the
in
a
Coast,
mechanical components;
that
activity
manufactures
as
electronic
trol
fields."
currently
military aircraft
the Northeastern
DCA
new
the
Daystrom
off
radio beam.
Some 80 telephone
systems, covering approximately 75,000 channel miles, with an ultimate
capacity of approximately 278,000 channel miles, already are using
REL-clesigned and manufactured equipment.
of
anticipated
was
Daystrom's
"Texas Towers"
.
subsidiary currently is producing special shorter-range
"point-to-point" microwave radio transmitting and receiving equip¬
ment, which takes the place of costly telephone cables or land lines
tools.
said
the
the
commercial
(particularly
for
for
Labrador^. Greenland and
major "tropo-scatter" systems—only five have
thus far—REL has
supplied, or is building equip¬
for
for
messages
equipment
dollar contract
world's
the
In
"
-
instrumentation
companies
at
"augment
details.
with
the
contracted
ment
principal stockholders of Transicoil Corp.,
on
April 29 that preliminary agreement
of Transicoil to Daystrom, subject to
control
multi-million
a
as'relay stations in Newfoundland,
Iceland.
the
609.
p.
includes
transmitting and receiving equipment In a new "tropo-scatter" network
(known as AN/FRC-39) linking early
warning defense command posts
sale
contract
on
continue
would
craft
for
manufactures
guided
Officials
would
and
announced
reached
•
their
registration
world's
,-
and
of
This
..1: ••
Western
of America—Division
for
Tustin
Kenora
issued
filed
Engineering
Corp., Yuma, Ariz.—Files With SEC—■
corporation
Worcester,
had
the
in
York
Dynamics Corp. of America- -Expands Into New Communications Field—
stock
chartered
Ontario.
claims
Mines
of
New
The company has recently introduced a
new 5-cent line, Odin Viking,
replaces the former 6-cent Odin Invincible.—V.
,185, p. 1152.
Daystrom, Inc.—To Acquire Transicoil Firm—
24,
company.
Jersey
the business of exploration, development and mining;
capital
these
company
for
organized
'
-
which
capacity for producing high purity vacuum-melted
demand
Amalgamated
special
SEC
10c
compensation, the underwriter is
promoter's stock issued to Maurice Schack,
the company, and donated by him for
performance basis at the rat© of one share for each
under
Continental Mines
The
shares,
for
As
officers
1955
Mining District.
.Schack
statement
common
offered
yet transacted
promoters,
40,000
500,000
reports
reduced
loss
net
beaming
President of
stock
corporation
as
registration,
a
be
Co,,
&
20%.
to engage in
has
to
of
Net
earnings
Common shares outstanding at March
Earnings per common share___
100,000 shares of
Middletown, N.
this
filed
covering
are
i
1336.
p.
Earnings before Federal income taxes-l—
Provision for Federal income taxcs___i
Davegra Stores Corp.—No Change in Listing Status^-
Registers With Securities and Exchange Commission—
April
above.—V. 182,
sales
the
and
&
•.
-
DWG Cigar Corp.—Sales and Profits
Up—
covering 50,000 shares of common stock to be offered at par
share), without underwriting.
The proceeds are to be used for
incident to mining, operations.
nine
Continental Mines
*
Three Months Ended March 31—
Net
per
Worcester
financing
;
.
■
held-on
for re-election
company
May^i^announce^ .a;j$ 1,500.000
President,;: said
corporation
craft,
operations.
Proceeds
Co.
firs^t quarter of 1957.
a
expenses
of
in 1956 initiated a program of capital expenditures
estimated total of $4,400,000 to expand and
an
.
April 29, 1957, covering 80,000 American
for ordinary shares, of each of the
period of 1956.—V.
'
'
-.
Hunter,
increased
Dasco Mines
-
.
share
Courts
on
corporation
the
$228,000,
to
and
temperature alloy steels.
H©: said:'construction, is expected lo
be completed before the end of this
year.—V. 185, p. 1636.
r,;.
•
this
each
SEC
(ADRsi
of
high
Chicago
outstanding
for
...
.
(Allen B.) du Mont Laboratories, Inc.—Sales Lower—
food
'' j
•
,
materials.
meet
company
involving
its
date
record
per
equal
•
%
-7
Works
registration statement with the Securities and
on
April 30, 1957, covering 143*298 shares of
for
'
12 Va % : over
Guaranty Trust "Co.
the
The
for
manufactures
' f-«.
elected
was
Corp.,
Gin Co., Birmingham, Ala. —
Registers
Securities and Exchange Commission^-"
With
benefit
tax
$.59
$.62;
J.
: "
Metals
Continental
v
non-recurring
:
•;.
a
31,
on
Continental Air Lines is In the process of
replacing present aircraft
with aircraft powered
by turbo-jet engines or pure jet
engines., Continental Air Lines presently conducts scheduled
operations
serving 52. cities in eight southwestern states.—V." 185,
p. 1747.
rof
•
$0.8
to
equipment
•
$0.54
V
;,'
i
'
.
who had declined
double the company's
par¬
service
Continental
•
V
meeting
Sanderson-Halcomb*
•
any
additional
is
depositary
following com¬
panies: Dorman, Long & Co.;,Ltd:p. John Summers & Sons
Ltd.; The
Lancashire Steel
Corporation' Ltd.; Stewarts and Lloyds, Ltd.;.. and
The United Steel
Companies Ltd—V. 158, p. 2189.
•>>..*•
rendered
and* Los
-It
common
' '
'
.
Crucible Steel Co.
for
prospectus, and will be
Such increase in general
from
of
receipts
Seal Co., Inc.—Personal Changes—
elected
was
;'This company on
;
to financing the expanded operations
additional routes" and services author¬
Board
over* the
the
necessary
resulting from
company
by* the
dividends.
earnings—
The
,
8,213,430
*
according
purpose,
\
*$0.75
14(4
of
Shares, Inc.—Assets at $208 Million—-
American Can
with
resign as President of Connelly Containers,: Inc. to devote
time to the affairs, of the.company.,—V. 185, p...r717# *'
Commission—
proposes to offer this stock for public "sale-through an
under¬
grouprheaded; by Lehman Brothers. The, initial public offer¬
price will be related to' the then current market iu*ice for the
•outstanding shares 'on the American Stock Exchange.;-Underwriting
ticular
•10.875
per comnion shares-.
Connelly
•
Russell Gowans,
President,
writing
-added'to the general
;
.
&
April
pany
are
prd,
Products
organizational
...
30 filed a registration'* statement with the
covering- 230,OOO: shares of its $1.25 par common stock," The com¬
terms
sales
Dormau, Long & Co., Ltd.—Registers With SEC—
-
to
the
At
j
;
ing
-
in
the same
March
See
a
Crown Cork
Denver^" Colo.—Registers
Securities-and Exchange
gains
,
in the company's history. Meanwhile,
unfilled orders at the
of March
were
approximately $13,500,000.
.•'
According to Milton O. Cross, jr., President, the company now has
a
capacity for annual sales of $15,000,000 and floor space to even¬
tually increase production to a $25,000,000 volume.—V. 184, p. 2738.
This corporation on April
SEC
showed
,
highest
Consolidated had
sales
of
$25,000,000 and .earnings
of
$1,283,263, equal.to, $1.35 per share.
It: expects sales, of $35,000,000
and:, earnings- of $1.75 to $2 per share in 1957.^-V.
185, p. 1883.
"•/-•'.'i ;,f
.
$1.00
1957
Dixie Cup Co.—Proposed Merger—
•.
end
has
1956
•
293,942
'
—
sharei,
of
,
$6,970,407.
The company paid its 4,064 stockholders
$472,797 in regular quarterly
dividends of 10 cents per share in 1956,
plus a special dividend of
10
cents during
the fourth quarter.
Since declaration of
its
first
dividend in. December,
1947, the company has maintained an unin¬
'.
taxes-
.
on
At
-
bw-itzerland,
foreign countries.!
20
after
common
quarter"
were
amounted
.
.
Zurich,
in
in
,
$4,375,000
; 2(77,199
the
amount
paid in the previous quarter
date in 1956.
s
V
! •
1957,' the report said this. fund owned common-stocks
of 108 corporations,
all of which are paying dividends at this time.
—v.
183, p. 885.
March. 31.
After
providing for estimated taxes,
net
$647,176, equal to $1.03 per share;
Non-recurring charges
$223,529, due primarily to expenses of
moving all com¬
pany
operations
and
setting up production operations
in
a
newly
constructed plant on the outskirts of
Detroit.
Although full production at the new plant was not reached until
March,
shipments
during the six months amounted to
earnings
had
The
cities
and
„,
(
at
.
pioneer in the production of automation
machinery,
earnings before taxes of $1,343,176 for the six-month
company,
has
ol
corporation,
established
in
1937,
is engaged
in the design,
development, and manufacture of dynamic measuring and recording
equipment^ analytical and control Instrumentation, data-processing sys¬
tems, and high-vacuum equipment. It has sales
offices; in 18 principal
authorized
\ *
t
increase
Cross Co.—Reports Record Shipments—New Plant—
This
to
Exchange
Coast
continue.
used
be
company
„
net assets ;bf ;thiS' mutual, fund, managed
by Calvin Bullock,
$208,435,033 on March 31,! 1957, according to the
..quarterly
report accompanying the :,99]fch; consecutive dividend,
payable -May 1,
1957.
The dividend, which consists !of ''2V* cents
per share, was an
and
$4,324,595
"$,346,318
liquid and granulated cane
processing industries.—V. 185, p. 1883.
outstanding.
Exchange,
the
Total
.stood
-
'
Flo-Sweet
due
on
Philip S. Fogg,
962,968
are
American
admitted
was
first
•Dividend
t
March, the Company completed negotiations for the
acquisition of
Syrups & Sugars* Inc.","of Yonkeis, N. Y, Corn Products
ac¬
quired the business of R.S.&S. which is now
being operated by Refined
Syrups & Sugars, Inc., a wholly-owned
subsidiary, in exchange for
Consolidated Electrodynamics Corp.—On Big Board—
The
will
bonds
of
Industries, Inc.—Earnings Higher—
^
.
*'
1957
1956
,
In
•'
E,
after
unremitted
•V
1
the
high, which Was in 1956. Earnings for the first quarter tan
ahead, of the highest, first quarter in any-previous year.- <•'-!,
41%
Refined
I
1956
"
,y
sh.
com.
Total estimated
then
1955,
per
Foreign subsidiaries'
1747.
p.
of
program
r
Included In the 1957
earnings
to 13c per share of common.
$4,335,470
•'$4,952,313
net Incem©
Common shares outstanding--:-—
at 90 Broad St., New York,
lor the purchase from it of
28
May
•
,
company
on
SEC
improvements
.
(EDT >
a.m.
above-mentioned
June
to
sale
$4,982,000
previous
•
Refining Co. (& Subs.)—Earnings Up—
"fl Consolidated
series E, due
competitive bidding.
bank loans
(which are expected
at
'•■
received
11-
to
up
at
property
sale
*/"
5,146
company, filed
1957,
1987,
the
! 44,957,459
Community Public Service Co.—-Registers* With SEC—
26,
Corp; (KGUL.-TVJ, He also1,is a "member of the
National .Association of Radio and Television Broads
research
committee.:of the Television Bureau of
" V."J
?''■ vY *Y""T
s. «Y\
the
accord¬
1*;'^ !*•-
■
the
483.
.
'
-
of
and
1991.':
p.
-V"',;."
'
'
v.
from
construction
p.
,
2'approved tin issue of #2O,0t)0,0QOi of- senior
to be offered at competitive bidding on June 6.
1082,
registration statement will be iilcd
Exchange
The
Three Months Ended March 31—
^,I'1957
1956
,f
-Net;, sales •
$76,565,248 $73,148,329
Income, before provision, fpr taxes oivinccme-__
y 8,907,459
8,835,470
Provision for taxes, on
3,950,000
4,500,000
May
debentures,. due
A
the
185,
sales
Net earnings
Earnings per
*.
-
!^ '
for
Quarter Ended Match 5l~Net
^Corinthian Broadcasting/Corp, will':.be ^the vehicle for coordinating
broad operating policies of ell of ..these
Stations with respect to
programming,
engineering, sales,,, sales ^promotion, ;-.advertising
a;:d
research" according, to Mr.
Pejierameye^:
v
funds
subsidiaries.—V.
Detrex Chemical
Wayne.
The
Wayne.
All of
the
the
$11,000,000 Including $4,000,000 for how Inventories,
flsbaL veaf .1056, Colonial Stote3 had sales of $423,040,000
■and
net-prolts - of $5,625,000, equivalent-, to $2.00 per,,share on the
2,608,716 shares- outstanding at 1958 J ear "ena,—V.. 185,' p. "1883.
"/For
Board
Advertising.
and
„
25-existing, supermarkets,
of
cost
to
40
the. company
Fort
Fort
S. Commission,
looking forward to offering the
underwriters at competitive bidding during Juno
proceeds
serv¬
Television
casters
and,;
program contemplates that'
WANE
P.
to
The
year.
Executive Committee
Gulf
'servicer facility**.
This
and
provide
its
Peterspieyer has been directing- the. Whitney activities in the
broadcasting field for several years. - He is President of
KOTV, Inc.
(KOTV), President Of Indiana Broadcasting Corp, (WISH and WISHTV1—WANE and WANE-TV); and Chairman of the
the
.
with
sale
this
to
radio
Galveston,
Delaware
for
of
.
Tulsa, KGUL-TV
Indianapolis
affiliated
and
the
bonds
,* I Mr.
■*
-*r,:
stores.
proceeds of this financing will be added to
funds; and the company expects to. apply a
KOTV
television
....
Indianapolis, and WANE-TV
WISH
are
are
its
to
of
responsibility
of
by
mumties
'<
WISH-TV
stations
stations
of
...
the
three partners of J. H. Whitney & Co.;
Walton N. Thayer as Chairman
the
Board, C,... Wrede* Petersmfeyer !as -President and Robert".
F.
Bryan as. Secretary and .Treasurer,.
: :Y.
•1977,--to.
headed
policies
the "formation
have
CBS'television or radio network.
Offices of Corinthian will be at 630
Fifth Avenue. !New York City.
;
The directors and officers- of Corinthian Broadcasting
Corp. include
•
This
will
,
are
April "26
on
which
management
television- stations
The
;
„
the
announced'
Corp.,
stations.
against
as
184, p. 2737.
Corinthian Broadcasting Corp., N. Y. City—Formed—
-
Income
the
f
"The
its
The
Center,
equipment
consulting basis
might take
many
and
for
largest
services
of its kind in the United
available to industry on a
the solution of intricate problems which
years
to
work
out.
widespread need by industry and the military for the services
by the. Center,". Mr. Christianson said, "is indicated by the
fact that it started operations in 1954 with only two analog computers
and today fully utilizes five of them.
Furthermore, we recently opened
a
similar Computation Center in Los Angeles to meet industrial deprovided
Commercial and Financial Chronicle
The
Monday, May 6, 1957
...
(2098)
e
rnands
Newark,
in
in Brussels,
will open a third Center
West Coast and
the
on
c\uipment ^nd
BejniUard'diUon1
to
on
an"lofJ
purpose ana
g
com
Center
^ aircraft
now
re¬
from
The order provides
whether the
at
$1
1Q—
28 195 ,
the public offering of 299.810 shares of its common stock
share (149,000 to the public and 150,810 to existing stock¬
proposing
per
inets' 'suspension
reasonable
sales
order, the Commission asserts that it has
cause
to believe that the company's offering circular and
other
literature is false and misleading and that their use in connection with
the offering and sale of Electronic stock "would and did operate as a
fraud and deceit" upon the purchasers thereof.
More particulaily, the
order challenges the accuracy and adequacy of the representations with
Records, Inc.,
made of the
proceeds of the offering, and (4) Electronic's proposed operations and
pians.
The offering circular, according to the order, fails to disclose
modifications in the licensing agreement between Electronic and Central
Records, Inc., as well as changes in Electronic's plans, proposed opera¬
(1) Electronic's license agreement with Central
market price for its stock, (3) the use to be
calculated
respect to
the
(2)
182,
Angeles, Calif.—Hearing on
(Nev.), Los
Co.
Eureka
Delisting Proceedings—
—V.
and
Exchange Commission, it was announced on
instituted proceedings under the Securities Exchange
determine whether the 10 cents par common stock
of this company, of Los Angeles, Calif., should be suspended for not
more
than
12 months,
or withdrawn,
from listing and registration
on
the San Francisco Mining Exchange, for alleged violations of the
disclosure and reporting requirements of that Act.
The hearing for
the
purpose
of taking evidence
therein is scheduled for May 29,
1957, in the Commission's San Francisco regional office.
According to the Commission's order, Eureka violated Section 13
of the Act by reason of its failure to file, with the Exchange and the
Commission, current reports on Form 8-K for the months of January
through June,
1956, August, 1956, and February,
1957, within 10
days after the close of the respective months, as required by the
Commission's rules.
The reports for the months in 1956 referred to
were not filed until Nov.
19, 1956; ana the report for February, 1957,
was
not filed until March 20,
1957.
Furthermore, according to the
order, each of these reports failed to furnish information with respect
to the acquisition of various oil, gas and mining properties and other
physical assets in exchange for Eureka stock, as required, and each
.such report falsely claimed an
exemption from the registration re¬
quirements of the Securities Act of 1933 for each such exchange
Securities
The
April
tfAnsftction*
• v.-"
^
■
■■
h.■ *« s\ ■*
" '
.,
shares
].020,000
of
stock
its
quarter
Net
a
10%
EARNINGS
sales
Net
Profit
Net
income
after income
profit
taxes—
Earned
Net
!____
;
—
April
15,
backlog
the
1957,
orders
of
books
our
on
was
—i
Net
sales
Net
Net
for
•Based
on
for
results
The
and
cation
1956.
It
Tex.,
the
building
authorized
<
$Q.51
of
related
period,
reflect to
undertaken
quarter
the
that
plant
plant
new
at
North
Ennis,
at
plant
Tex.
Ind.
Judson,
be
will
in
held
meeting
the
meeting
including
common
as
on
stock
March
in
all
27
recommended
increase
an
the
of
by
the
operation
the
the
new
&
'•
during
action
board
number
6f
of
the
438!<
sinking
Brothers
company
pioceeds
and
a
$9,975,000
will
be
before
used
to
added
—V.
185,
to
working
p.
expenses.
meet
plants
sale
April
underwriters
of
group
equipment of the three
be
the
1,
on
of
covered
directors
to
$10,000,000
1977
basis
a
through
which
Approximately
commitments
referred to
for
5 000
above,
of
netted
and
of
construction
the balance
the
the
and
and
used
for general
corporate
the
company
foundation
has
for
been
the
awarded
new
a
Prudential
contract
Life
for
construction
Co.
based
year,
on
at
-
,
share
that'
owners
"<
.
had
1956
been
-
-
fiscal
were
compares
of
during
of
1,759,031
out¬
shares
.
the
largest
10
food
during fiscal 1956.
than sales of
chains
the
in
totaled $374during
They
$283,003,166
4%
a
dividends
cash
year,
of
cents
60
share
stock
per
paid to shareholders, as well as a 5%
with cash payments equivalent to 57 V2
dividend
stock
the
1956
fiscal
fiscal
paid in
cents
1955.
?v
in the annual report, that since the
the directors had on April 12. 195?
out
year,
quarterly cash dividend of 18 cents per share on the common
increasing the annual rate of the cash dividend by 20%*'
cents to 72 cents. This quarterly dividend, as well as a 5%
a
thus
dividend,
payable May
is
28
to stockholders
24
supermarkets
new
iiscal
1956
were
.opened
acquired
17 ,were
year,-
District of Columbia and Canada. This compares
In operation at the beginning of the. year. / ■. ' I
current fiscal year call for the opening of some 41
Grand Union markets .
•
_>•
"; ';; ;
states,-the
nine
345'stores
.new
for
the
.
Opens New Supermarket—
-
The
"N.
opened
company
Y.,
its
L. I„
to b,e
supermarket at Massapequa,
foot market is the 15th
newest
24,000
This
1.
May
on
square
1993.
.opened in Nassau County and the 25th on Long Island.—V. 185, p.
(W. T.) Grant Co.—rExpects Record Sales This Year—
:
were told by Edward Staley, President,
encouraging and that 1957 should see
high in sales with modest improvement
in
profits.
He said that while complete .April figures are not yet
"■available, the Indications are that sales for the first three months
of the year will be about
12%
higher than a year ago.
<'
Mr. Staley said there was no thought of any change in the company's
that
*tho
dividend
■
The
■
71
this
rate
.opened
and
46
date in 1957 16 new stores have been
are under construction for 1957 occupancy.
To
stores
new
1886.
p.
Last year
relocated,
were
modernized.
or
185,
year.
plans to continue its aggressive expansion.
opened and 24 additional stores were
stores
..enlarged
is
set a new record
company
new
29
trend
sales
current
•
'
Greyhound
in
Corp.
Subs.)—Earnings
(&
Improve—
—3Mos. End. Mar. 31—
31,
%
.
common
as
.
..
i
stock,
Mr.
Hopkins
Operating expenses.
said,
equity financing,.the
acquisition of other
Corp.,
Total
etc.,
subsidiaries
held
stock
to
.
$
■
<■
470,672
30.617,675
2,914,152
53,800
33,531,827
*416,872
707,846
3,057,748
Cr450,700
15,502,700
of
858,683
67,006
stock
to
46,556
9,171
by public
applicable
income
.
712,468
taxes
applicable
income
$
- •
48,360,779 249,378,147
43,777,651 218,760,472
Crl04,000
deductions
income
Mar. 31, '57
1956
$
684,645
;
income
Interest,
.Provision, for
has
1957
operating revenue_____„___317,656
income——
366.989
Net
Other
Net
-
53,880.318
53.562,662
Operating revenues
1957.
.
12Mos.End.
of
purposes
Webster Securities Corporation, and Mitchum, Jones
The underwriting commissions are to be supplied by
*249,902
14,112,696
Nil
t$1.29
of
of
presently
the
for
it
estimated
1957 construction program.. The
as
yet been allocated but will be
scheduled
has
proceeds
not
corporate purposes.
During
telephone plant amounted to
general
additions
to
scheduled
construction
Greyhound Corp.
Earnings
after
.
*
Net
-
1
of
result
1957
for
in
net
approximately $153,400,000.—V.
185,
will
amounts to
additions
p.
to
1956, gross con¬
$137,300,000; and
$181,600,000 which
telephone
plant
of
1993.
This
corporation
Mutual
of
was
Life
Plaza
1958.—V.
arranged to
Shopping
negotiated
Washington,
March,
has
Insurance Co.
D.
by
Donald
C.
The
184,
p.
at
H.
center
2225.
borrow
$4,300,000 from John Han¬
financing the 60-store
long-term for
Center
Richmond,
Va. The
Richardson Co.,. mortgage bankers,
is expected to be completed by
in
suburban
pre¬
Nil
'.
'
loss.
to
the
seasonal
nature of the business,
earnings for the
quarter of the year are usually materially less than the average
last three quarters,
t This compares with $1.07 per common
earned in the preceding 12 month period.—V.
185, p. 1748. ^
the
share
City—Registers With
Commission—
Society, Inc., New York
Securities and Exchange
filed a registration statement with the
convertible subordinated debentures, due
shares of its $1 par common Stock. The
debentures and
318,000 common shares are to be offered for p"blic
sale through an underwriting group headed by Dominick & Dominick.
The
interest rate
on
the debentures and the public offering prices
and underwriting terms on both issues are to be supplied by amend¬
ment.
Of
the
318,000 common
shares, 300.000 are being purchased
corporation on April 26
This
SEC
covering
May
1,
1967,
$2,500,000
and
of
393,000
underwriters from the company and 18,000 from a stockholder
Murphy, Board Chairman and owner of 770,463 shares, rep¬
86.44%
of the outstanding class B common and 46.09%
of the combined common and
class B common.
The 18.0JO common
shares
will
be
issued
to
him on conversion of
the same number
of class B shares).
The remaining 75,000 common shares are to be
by
the
(Fred
Giant Food Properties, Inc.—Private Sale Arranged—
stock,
com.
stock
NOTE—Due
first
of
share
per
deducting dividends on
ferred
Grolier
proceeds
gross
is
the
Corp.—Registers Debs. With SEC—
&
their
available
deal
building
the
company
—V.
approximately
Southside
of
stockholders-on April
The
•
*
purposes.
Contract—
Insurance
the
over
stock
common
higher
pointed
Plans
1
net
the
struction
cock
This
of
year.
record
also
60
with-
,
1957,
Stonfe
balance
,
Foundation Co. of New York—Awarded
the
41%
of
outstanding at the close
of $1.90 a common share
earnings
smaller number
one
32.2%
shares
with
the
on
new
a
stock
and
the
in
„
or
Templeton.
will
1747.
capital
for
/
during
company
gain
a
share
per
1,979,102
Union,
1956
the
total of
A
were
of last
quarter
outstanding
the
March
at
such
complete
-
its
Lehman
$9,200,000
the
earnings
of the debenture sale, the company has allo¬
$26,000,000 for
additional investments in and
temporary advances to its telephone subsidiaries, which, with other
available
funds
of
the
company,
will enable
these subsidiaries to
company's
$5 par value from 2,500,000 shares
recently completed
fund debentures due
company
net
1956
vital
of record A{Jril 29.
by Grand Union dur¬
and six enlarged and
.renovated. Thirty-four outmoded stores, many of them service upits,
were
closed. At year's end, the chain was operating 356 food markets
;
ing
;
corporation
cated
•
The
in
of
this
1957,
beat
to
1154.
p.
-
$2.43
were
the
compares
was
This
of
i.stock
an.d
incorporation to increase the authorized
to 30,000,000 shares.
Previously the corporation was
issue
15,000.000 shares, of which there were 7,781,368
amendment.
Of
shares.
000
first
the
for
certificate
to
26,
Curtis,
Sweetwater,
and
103%
period
same
for
2,
March
Shield
voted
-v
filed a registration statement with the SEC on
covering $46,000,000 of convertible debentures, due
1977.
The company proposes to offer the debentures for subscription
at 100%
of principal amount by common stockholders of record May
16,
1957.
One right to subscribe is being giver, for each common
share held, and 30 rights are required to subscribe for each $100
of
debentures.
The principal underwriters are Paine, Webber, Jackson &
1937*
at
185,
added,
increase
for
This
extent the diversifi¬
this company during
by
he
stock
the
April
some
gypsum
the
set
which
share
Net
after
shares
(1,489,449
said.—V.
*
......
annual
call
requirements
program
1957.
taken
was
first
Insulrock
new
of
the
the
by
the
lor
contemplated
materials
fall
$778,279
during
Army
$5,049,315
close of that
Grand
also
stock,
in
:"
and
sales
net
General Telephone
1956.)
expansion
is
785,819
$943,129
outstanding
stock
preferred
shares
1.366.749
1,564,098
$0.59
shares
average
the
for distributions to the share owners."
Dorsey
Richardson,
a
Vice-President of the Lehman
been elected a
director.—V. 185, p. 1637.
$23,308,340
earnings—
of
Secretary
Rise—
over
shares
common
properties,
746,854
taxes—
income
Under
former
in
1957
share
a
expect,"
.arise
1,689,983
_
Canada
and
...
share
provision
At
S.
income
•Common
the
U.
Thomas
this
1955.
'from
"It is my con¬
sidered conviction, and that of the directors, that the increase
.
.
.
is necessary, timely and most advisable at
this stage of our corpor¬
ate growth.
Although at this time we have no fixed plan for the
use
of
such
stock,
the
increased authorization
will enable us to
'consider and act without undue delay when an occasion for use does
$24,615,916
earnings before taxes
Provision
of
demand
moved
stockholders.
based
the
common
•close
Executive- Vice-
Johnson
high as in the first quarter."
as
Of
1956
1957
Quarter Ended March 31—
.
Dallam
Earl
of
on
This
1955,
at
During
1
outstanding
(& Subs.)—Sales and Earnings Rise—
Flintkote Co.
Mr.
taxes
based
of
Mr.
corporation as Executive Vice-President
elected Vice-Chairman of the"Board.-
elected
a
93%
of
cents
authorized
'
2335.
p.
of
•corporation's
Last year, the company announced that it was planning on spending
approximately $750,000 to increase its production facilities. This pro¬
gram has now been completed, ancl all of the equipment ordered has
been
received and is in operation in the company's plant.—V. 184,
,
prices,"
have
shortage
we
net
for the 53-week fiscal year ended March 3, 1956,
Lansing P. Shield, President, in the annual report
to
26
year.
fiscal
-'v.
;v
25.
common
of
As
acute
ended
year
after
1956,
nation,
a
"that the corporation's sales and earnings
will rise.very substantially above last year's record achievements."
The. share
owners
on
April 25 approved a proposal to amend the
723,566
.$3,850,000.
into
an
world-wide
years
and
develop
income
by
April
the
of
the cor¬
11 years of
nine months^
of the year will see continued increases over similar periods of the"
preceding year, although the per cent of gain, "of course, will not
"I
2,809,391
._
56
be
$0.23
assets
short
supplies
of $3,584,125
Sales
$270,156
$0.57
poration's most profitable year to date, reached after
rapid, orderly growth. He predicted that the remaining
share
common
per
current
net
fiscal
J V
the
1955
alSo
quarter's close.
Hopkins reminded
171,904
—
of
iin
announced
1
year
a
,
few
a
present
runaway
fiscal
Earnings
March 31, 1957. - The cor¬
poration's backlog of orders on March 31 was estimated at $2,205,000;000, compared with $2,195,000,000 at the year end.* An. additional.
<•$644,000,000
worth
of
contracts
was
under negotiation as
of the
346,673
—
in
quarter
7,781,368
$4,793,987
taxes
tons
...
to
1957
_
before
Number of common shares——
t
31,
MARCH
ENDED
MONTHS
exceed
otherwise
reported
was
$357,656
87,500
~
$378,436
$0.80
—.
.
Johnson,
April
long
Grand Union Co.—Reports Record Earnings—
mailed
announced
' * "
John
Jay Hopkins, Board Chairman and President, -reported that
; first
quarter sales for 1957 totaled $334,607,000, compared with $173,473,000 for the same period last year and that net earnings went from
($4,322,699 in the first quarter of 1956 to $8,793,767 during, the first
quarter of this year.
"
"
i
c.
Earnings per share for the quarter just ended were $1.13, compared
Welder Co.—Earnings, etc.—
SIX
FOR
May
on
joined
v/as
Increases
on
within
that
are
with
Record
income
"
I first
220,000
to
■'
• - \
,
will
could
inaterial
Corp.—New President Elected—
Sales and Earnings
*.
&
|.%'
,
rubber
wnat
•'/ '
directors
President.
v
Federal Machine
$465,936
87,500
(472,982 shs.)
*
Pace
and
plant
2
rated
.
President of the Air Transport Association,- was formerly
.VicerPresident of Loomis, Sayles & Co. of Boston. ;He joined Dynamics
in
1955
as
Seniqr Vice-President—operations
and fiscal I affairs.
* %
425.
p.
"
"Indications
for
$754,717
397,061
I
volume,
the expansion program comes just two years after
plant from the government (April 28, 1955) and LS
indicative of the progress made by private ownership and operation of
the plant.
"
'
^'recently
provision of $744,800 for income taxes, unaudited earnings were
compared with $705,816 for the like period in 1956; earnings
share of common stock were 37 cents, the same as last year.-—
184,
$981,941
516,005
,
continue
improved
Completion of
of the
59,336
stock
share
common
Board.
The
inquiries
its
purchase
695,381
341.
directors
Mr.
,1953
maintains
by E. J. Thomas, President,
capacity increase, Goodyear's Houston plant
becomes the world's largest single producer of dry type synthetic
thus
that John Jay Hopkins had
been reelected Chairman of the Board and that Frank Pace, Jr., had
been elected President of the corporation and reelected Vice-Chairman
After
per
p.
.
business
new
936.
p.
synthetic
May
on
50%
this
-rubbers.
$8,512,070
——
preferred
on
General Dynamics
-
ago.
year
announced
With
85,171
%
—_
-
per
■
185,
(Tex.)
Houston
pany's
dividend.
an in¬
net sales of $17,496,997 in the same
over
taxes
applicable to com. stock
Earnings
—V.
,of the
foreign
Goodyear Tire & Rubber Co. (Ohio)—Expands in Tex.
155,488,
The
history;,
business
98-year
considerably
highest peace¬
be
the
Completion of an expansion program costing nearly $10,000,000 and
will boost production capacity of Plioflex rubbers at this com¬
896,770
taxes——
for income
provision
Federal income
requirements
185,
its
and
in
to
on
which
1956
—
.
J.
Ralph
'
.1957
—
Up—
1956,
in
expected
are
coinpahy works
the
as
added.—V.
Kraut
52-week
—v—0
profit.
Earns,
earnings
.-i.
shipments
1957
1956
in
level
high
a
'
Rate—
March 31—
—
for
Dividend
$720,128
"V.
at
Mr.
standing
net sales reached $19,262,441,
quarter
first
corporation's
of approximately
at Higher
Ended
before
Profit
.
Corp.—Sales 10% Higher—
Falstaff Brewing
company's
fiscal
,
The
The
$10,884,106
Provision
and
$1,008,000.
amortization
greater than
time
backlog
Subs.)—
Wholly Owned
(&
Inc.
Co.,
income
Other
sales
both
a
third greater than at the end of 1955, • the report
Capital expenditures in 1956 totaled $1,373,668; deprecia¬
was
and
tion
was
profit
Operating
*
crease
$524,304
increased
company
backlog
a
are
Sales
two
to
Cigar
Months
Three
failed to file a current report
with respect to the issuance
individuals in exchange for
oil and gas leases in Morgan County, Colo.; failed to furnish informa¬
tion in its current report lor February, 1957^as to-a 515,000-'share
decrease
in
the amount of outstanding common;
and failed to file
an
annual report for the year 1955 and a semi-annual report for the
fiscal
periods ending June 30, 1955 and June 30, 1956.
The Commission's order also alleges that information contained in
a
proxy statement filed by Eureka
with the Commission on Oct. 10,
1955, was false and misleading.
(li in representing to stockholders
in connection
with its solicitation
ctf authorization to increase the
number of authorized shares from
1,500,000 to 5,000,000 that there
•was no
present intention with respect to the issuance of such shares;
and
(2)
in
omitting to state
that negotiations were pending for
the
acquisition of
five quicksilver claims
from West End Optica
'
Mines in exchange for 100,000 shares of Eureka's common stock and
for legal, resident, and transfer fees in exchange for 130,000 shares.
of
1,118,662
594,358
1386.
p.
pointed out.
,'l
1956, furnishing information
for November,
128,626
1885.
p.
Earnings Reported
the order asserts; Eureka
addition,
In
t
185,
figures
these
in
General
to
1934
197,313
President, revealed in the
company's; annual report.
Sales
were
slightly lower and earnings slightly higher than preliminary
estimates released earlier this year.
r
;
,
'
Net earnings
after taxes were $1,477,771, equal to $3.50 a share
on
422,750 shares of common stock outstanding, as against $902,083
and
$2.13
a
share
in
1955. Income tax provis.ons
incieased' to
$1,572,000 in 1956 from $1,048,000 in 1955. Sales totaled $30,739,744
as
against $20,924,941 the year before.
At
year
end the company's combined domestic and foreign order:
has
25,
of
Act
—
Giddings & Lewis Machine Tool Co.—Earnings
nonrecurring net profit of approxi¬
mately $81,710, or 3 cents per share for the 1957 period and $99,614,
or
4 cents per share for the 1956 quarter.
It should be noted, management's report to stockholders said, that
due to seasonal patterns of consumer purchasing, first quarter results
always tend to be the lowest of any of the year's three-month periods.
Consequently, they do not necessarily provide a sound criterion for
Judging the prospects for subsequent quarters.
As of March 31, 1957 the report said, a total of 2,139 company-owned,
manager-owner and independent authorized dealer stores in the United
States and Canada were serviced by the Gamble-Skogmo organization.
1566.
p.
185,
The
basis.
the same
on
Included
the modifications of said agree¬
from
resulting
obligations
and
tions
ment.— V;
foreign
&
Kraut,
,
April
an
'
and
income
Net
corporation and its subsidiary for the first
basis of comparable units, exceeded those for
of the preceding year."
Expanded and improved merchandise lines, together with intensified
selling and promotional programs, were the principal factors respon¬
sible for the 11.4%
gain in sales.
Consolidated earnings from opera¬
tions, before taxes, rose 19.7% as against a year earlier, reflecting not
only the increase in sales but also further improvements in operating
efficiency.
.•
V •"<
•• v
Consolidated
net sales
of this corporation,
in comparable stores,
warehouses and subsidiaries,
for the three months ended March 31,
1957 amounted to $22,371,817 as. against
1956 first quarter sales of
$20,084,357.
>-■
•
%./>
•' •
n/v.- •
Earnings for both 1957 and 1956 first quarters include nonrecurring
income from the sale of certain securities that has been prorated over
each respective year in order to avoid distorting interim results.
On
this basis, total consolidated earnings, before taxes, for the 1957 first
quarter were $1,122,678, of which $110,710 represented - nonrecurring
income.
Pre-tax
earnings
for the
corresponding 1956 period were
$1,000,169, of which $154,614 was nonrecurring profit. ,•
• v
Consolidated net income, after United States and Canadian taxes on
income, amounted to $712,147 for the quarter and was equal to 26 cents
per share on the 2.431,226 shares of common stock currently outstand¬
ing, after provision for preferred dividends.
This compares with 1956
first quarter net income of $631,816, or 22 cents per common share,
Accounting Corp., Boston,
Temporarily Suspended—
public offering of securities by this corporation.
opportunity for hearing, upon request, on the question
suspension should be vacated or made permanent.
_
.
The corporation filed its Regulation A notification on Sept.
Federal
foreign income taxes
$68,687
for Federal
and Earnings Increase—
earnings of this
Sales and
Micro-Ledger
en
>
for
provision
taxes—_——
income
Provision
-V.
Inc. above.
a
V
"
Exchange Commission, it was announced on
order temporarily suspending a Regulation A exemp¬
registration under the Securities Act of 1933 with respect to
has issued
'
935.
p.
before
Income
of the insurance
The first unit of
early in 1959.—
quarter of 1957, on the
the corresponding period
Securities and
The
185,
Gamble-Skogmo, Inc.—Sales
-
Name—
Communications, Inc.—New
Associates,
Air
V.
of
Newark, which will house the home office
in a structure more than 24 stories high.
project is expected to be ready for occupancy
of
the
185, p. 1152.
Electronic
tion
computer
Computation
fields
that
Mass.—Stock Offering
26.
digital
a
the Princeton
a^whole
Electronic
See
of
addition
already in use at
outers
and
quired."—V.
<
to
company
City
»■
$10,883,075 $11,602,100
sales
Net
Mar. 24, '56
Mar. 23, '57
12 Weeks Ended—
struction
corporations and the military,
new set of problems in such technical
missile simulation, reactor control and vibration
be solved in a very small traction of the time otherwise
up
opens
can
large
to
computers
l
(& Subs.)—Earnings Decline—
General Time Corp.
on
scheduled to be broken on Monday, May 13 for the con¬
the two-block Prudential Life project, the biggest in the
is
Ground
technical personnel available
sells its general
Electronic Associates also
fee basis,
a
customers
miroose
announced
President,
Campbell,
W.
Chester
J.,
N.
1.
May
'■
P.
resenting
offered
Plan.
Net
to
employees
under
the
sale
by
company's Employees Stock
Purchase
|
proceeds
of
the
the
company
of
the
debentures
and
Volume 185
Number 5635
.
.
The Commercial and Financial Chronicle
.
(2099J
stock
common
general
will
to
will
no
snares
by
part, of
material.—V.
the
to
its
working
of
the
and
icceivaole.
contracts
sa*es
proceeds
capital
Trie
sale
of ,the
185,
and
business, consists
of encyclopedias and
' '
- <
v
sale
1886.
p.
in
used
*
Illinois Bell Telephone
company
18,000
Co.—Earnings—
after
Period-End. Feb. 28—
,1957—Month—1956
.
Federal ihcome' taxes_.J.;' :4,633,000
operating taxes__
3,717,887
9,236,000
7,566,738
3,466,321
•
competitive
April
on
Mr.
by
issue
is
185,
said
the
bidding June
proceeds
for
company
subject
145.
p.
200,000
18,
shares
Roy
of
S.
additional
Nelson,
Net
.common.-
President,
said
to
would
part
approval
be
its
of
of
used
to
1957
the
—V: 185,
construction
Federal
'
...
Power
notes
The'
program.
'I,,"7V
James
of
"'''/V
r
the
Robert
April
29
the
announced
election
of
Rear
AdmiraL
English, U.S.N., retired, as President and a director of the*
company.
George A. Cavanaugh, of Detroit, also was elected a director.
Until recently Admiral
English was Vice-President of manufacturing
for American Pipe
& Steel Co.,
Los Angeles, Calif.,
which
firm he
joined in 1951, after his retirement from the service.
Mr. Cavanaugh is a director of
Houdaille Industries, Inc.; MitchellBently Corp., Ionia, Mich., and The Detroit Lions Football Co.—V. 184,2836
pp.
2626.
and
.
.*•
*
—Quarters Ended—
<
7
<
.
.
Feb. 28,'57
:
also
'Earnings from
Other
opers
income
$8,513,974
at
Puerto
President
as
..expected
Prov.
$9,235,277
weeks,
will
Robison
be
for
depreciation-
Debenture
Bank
interest
Ronald
interest
Prov.
for
133,681
___.
inc.
27,980.
taxes__.
_
120,368
3,620,433-
$23,436,291
311,931".
2,876,819
the
M.
Hoge,
elected
was
up
on
and
Jan.
formation
operate
Thompson,
the
first
Net
quarter
profit for
common
the
stock,
the
Army
director
company,
from
mill
been
Mills,
shut
Inc.,
down
'
Net
earnings
but
$4,752,462
j.
share
per
'After
all
$4,023,344
.$1.65
charges
of
$12, 983,430
before the unacrnoted items.—V.
184,
May
1.
share
depressed
state
of
the
1956.
Chairman
has
been
"
of
the
unfilled
was
'
•
$1,725,987,
iri
of
recent
~
The
The
will
concerned
Division,
lit
in
It
also
Los
the
which
the
in
Leslie
will
of
the
field
Hoiima.i
Hoffman,
be
of
Soiar
solar
it
President.
headquartered
in
•
See
this
oart
a
of
Evarston,
111.,
this
unit
Calif.,
has
set
up
Inc.,
a
wholly-owned
department
new
take
be
concerned
semiconductors,
and
government
with
developing
apparatus
new
using
-
all-
listed
IBM
and
as
-The
to
sail
company
it
to
wants
sell
the
bonds
panies. and therefore sought exemption
petitive bidding requirements,
The
tion
of
purpose
of
sells
concern
the
its
e,'t^e
125.000-kilowatt
a
from
15
the
It
Is
expenditures
estimated
those
ment
insurance
•
each
generating
is
com¬
electricity in central Massachusetts.—V.
170,
Of
recent offering to the
public of 200,000 shares of common'
stock at $12.50 per share
by Shearson, Hammill & Co.
and Underwood, Neuhaus &
Co., Inc., and associates was.
quickly oversubscribed. For details,
V. 185,
see
1993.
p.
the
shares
/
Subs.)—Earnings Decline—
Quarter Ended March 31— •'»
-
Operating
Operating
revenue
Depreciation
Other
1957
<
and
sistent
income
1,740,210
391,127
53.083
31,542
162,176
507,630
•
taxes__
income
Earnings
'Net
months
since
91
reports
company
of 1957
were
that
results
drastically
prices during that, period,
copper
March,
$0.49.
25%
over
operations for the first three
affected by a further severe drop in
decline
a
which
has
been
continuous
copper prices were at their highest point in
and December, 1956, domestic copper prices
prices 39%, with a further decrease of 12.6%
in world prices during the first
quarter of 1957.
March
and
in domestic and
of
when
1956,
Between
years.
fell
$809,911
'$0.07
share__
per
loss.
The
'
'$119,284
world
11.8%
An additional drop in the world
price of cobalt in the current year's
first quarter also affected
earnings, although its full impact was cush¬
ioned by a contract which still has
approximately two years to run
whereby Howe Sound's entire cobalt production is sold to the United
States
cents
Government
above
The
the
at
fixed
a
current
price of lead,
world
zinc
floor
price
$2.30
of
pound,
per
or
30
price.
held firm and the company's pro¬
duction of these metals at the El Potosi mine in
Mexico was profitable^
184, p. 1275.
—V.
This
loss
from
the
same
President,
1
"Having
begun
"the
of
trend
-
indicates
Mr.
in
stated,
the
planned
in
in
savings
of
Forecasting
period,
to
Mr.
be
create
nounced
Gardner
aircraft,
Hycon
and
tax
service
income
Chairman
of
of
the
net
a
fiscal
$7,899,262
Board
and
year
in
fully
and
Sizable
than
to
during
operations
a
the
tne
to
period
losses
in
-
believes
it
of
earned
the
number
coming
new
Eastern,
developments
The
Inc.,
latter
which
systems
Far
is
is
in
a
also
engineering
period
and
of
company's
and
Ume.
and
new
should
In
Jet
the
company's
recent
now
commercial
engaged
a
crystal
in
number
of
filter
pro¬
development
complete
of
national
countries
in
the
have
been
as
a
result
of
the
process
company's
and
activities
another
in
this
$3,500,000
area.—V.
;
Shareholders
past
to
12
of
months,
28,414,270,
the
this
while
125th
fund
increased
shares
from
50,000
to
p.
2326.
Shares—
56,000
in
the
outstanding increased from 25.975,280
quarterly report reveals.—V. 185, p. 1993.
this
of
the
capital
stock
this
of
the
plan,
x
number
making
stock
have
the
amd
their
dividend
1957,
of 60
for
stockholders
to
of
is
record
1925, Vwhen
it
last
the
corporation
of
to
additional
Decc.
on
31,
obtain
$332,000,000
corporation's
loan
the
in
capital
believes
that the
raised,
funds
new
through
issue
an
be
can
of
raised
capital
rapidly
and
the
at
present
A group
offer.
&
of
its
dissolve
first
Eugene
250 investment firms
over
will
group
be
under
the
H.
of
Morgan
Stanley
Co.
.•
■■
*
■-
amendment
of
the
certificate
of
incorporation authorizes, in
split-up, an additional 1,508,594 shares.
This, number
is presently believed
by the management to be more than sufficient
to
raise the
desired
$200,000,000.
Any of the additional authorized
shares not required for the
financing will be available for stock divi¬
to
the
.
and
board
It
other
of
general
corporate
within
purposes
the
discretion
the warrants and
the prospectus
the
offer
subscription
June
10,
1957.
The
would
terminate
warrants
would
Present
indications
share
one
It
the
is
stock
TJioms
for
is
J.
last
10
due
large
sold
intention
Jr.,
to
of
business
and
time
will
be
the
on
to
the
set
subscription
below
no
price
market
expansion
rental
ently
totaling
"We
have
spite
of
at
high
a
business.
company's
years
and
State
has
and
the
all
Mr,
that
and
During
gross
the
to
the
need
the
32
has
revenue
for
income
these
the alternative
of
fact
years
grown
that
since
from
contracted
long-term debt
and
"the
said,
management was faced
slowing down our business and extending
schedules for data processing machines or
either
to
1957,
is
to
of
result
therefore
,
income
net
compared
the
the
on
to
previous
795,685
shares
of
common
669.
p.
„
reported
March
of
share
the
or
Compara¬
i'
.
'
.
Co.-^—Earnings Lower—
taxes
per
totaled
$932,395
year.
M-
$95,600,
Mr.
period
Walet
of
1957,
1956
said.
of
$406,580.
shares
35
net
provision
"to
common
dividend
■«
that'
30
after
amounted
713,572
on
April
on
31,
semi-annual
anticipating
for
the
the
1957
year
1956.—V.
over
out¬
cents
per,
cents
per
.
,
amounted
to
90
of
success
are
185,
certain
expected
to
diversified
reflect
sub¬
a
1516.
p.
1957—3 Months—1956
—
before
for
John
taxes
inc.
income
1957—6 Months—1956
$33,541,919 $30,387,168
6,590,285
5,508,338
$65,327,115 $55,250,440
13,118,394
10,322,636
taxes
3,543,000
2,905,000
7,045,000
5.448,000
$3,047,285
$2,603,338
$6,073,394
$4,874,636
$1.71
$1.46
Lawrence, President, told shareholders
that "operations in the third quarter
quarter
at
the
fiscal
high
level
that
has
characterized
the
$3.40
in
are
first
letter
a
two
$2.73
covering
expected
to
the
continue
quarters
of
our
The company has made some price adjustments in order
to maintain
satisfactory profit margins in the face of rising material
and wage costs.
"Order backlog." Mr. Lawrence said "continues at a
year."
satisfactory level."—V.
Kendall Co.
12
Weeks
185,
012.
p.
(& Subs.)—Earnings Show Decline—
Ended—
Mar.
sales-
Profit
taxes
for
on
Federal,
income
on
23, '57
Mar. 24, '56
$24,674,000
before
Provision
Net
,
•
income
State
$25,235,000
1,826,000
2,634,000
—
Canadian
&
taxes
:
959,000
1,426.000
$867,000
profit
$1,208,000
On
per
the
share
com.
1,013,225
(Walter)
(after
shares
pfd.
dividends)
$0.82
outstanding.—V.
now
Kidde & Co., Inc.
—
185,
p.
Debentures
$1.15
1388.
Sold—The
invest
in
rental
machines
and
new
careful
con¬
offering of $3,000,000 5% convertible sub¬
1972 at 100% and accrued in¬
by Shields & Co. and associates was quickly over¬
ordinated debentures due
terest
subscribed.
For details, see V. 185, p.
Kiekhaefer Corp., Fond
pres¬
added.
factors," he
our
already long delivery
obtaining additional capital
of
ended
shares,
same
earnings
Earnings per share
of
new
large increase in orders, and in
production,
our
unfilled order position is
Watson
31,
share,
President,
Net
the
of
price
receive, a
factory
level,"
of
to
the
as
It
"
months
preferred
for
earnings
sales
Prov.
Thomas B.
$350,000,000.
continued
increased
"In. view
with
these
over
enterprises.
March
per
based
are
Jr.,
Period End. Mar. 31—
«
approximately $13,000,000 in 1925 to $734,000,000 in 1956. To finance
this growth,
the company has reinvested approximately $325,000,000
earnings
respect
liquidation
recent public
company's
a
granting
with
Joy Manufacturing Co. (&
Subs.)—Earnings Up—
,
Net
basis
-
explained
the
the
order
an
and
application, the
organized,
i.e.,
to assist
was
such
period
'"*>
*
three
increase
'Earned
offering ratio
of
on
have
-
President,
the
measure
stock,
•
attractively
'
time.
.Watspn,
the
close
that
at
'
extension
According to the
in
ended
$1.21
same
Walet,
outlook
stantial
held..
stockholders
that
at
that
are
each
company's
shares
IBM
for
the
at
expire
'
Bank
on
duction
would take place on May 22, 1957, and
thereafter.
the
decrease
projects,
Net
presently planned that the record date for stockholders entitled
to receive subscription warrants will be
May 21, 1957.
The mailing of
banking
a
709,695 shares that .were then outstanding, Mr. Wa'et
s-Md.
in earnings, compared with the
same
period in 1956,,
primarily to tne fact mat the export price of sulpnur was
$3 'higher
per
long
ton
and
our
exports
were
greater
during tho
first quarter of
1956," Mr. Walet added.
"Based on sales and pro¬
of
directors.
is
SEC
due
was
.
the
the
Act
dissolution
outstanding.—V.-183,
the
the
on
share
will underwrite the subscription
management
emphasize
Company
the
Enterprises
to
share
per
for
Federal
Earns,
Elec¬
Ltd.,
the
to
and commenced business
April 25, has issued
to
the
1959-
orders for
on
capital
months
for
•
"The
in
advantageously,
applied
and
nine
t
Earnings
and
Processing Machines and other IBM. products have reached
new funds are necessary to finance increased
production.
of
This
The
in
Israel
'
time
point where
of
the
per
share
be
balance
through
has
1956,
to
Investment
This 1? equal to 55 cents
standing after payment of
stock.
time
25,
Bank
existing enterprises in Israel, has been achieved
investment
earnings
1957/
stock
"plans
Jefferson Lake Sulphur
for
securities
The
25,
investment company.
which
earnings
•
.
.
$330,000,000
commitments
the
share
under
will
Bank
incident
equivalent'
•
certifi-"
present
funds.
reflects
closed.
authorized
announced
under
.
May 21,
issued
at
capital
1966,
was
stock .currently
Con?
share
stock
planned
on
it
for
and
tive
financing its expansion through long-term
part of its earnings.
The management-
approximately
The
of
it
April
on
April
on
only
the
$962,674,
50,000
f
plaa.
'' :*
books
Enterprises, Inc., New York—To Liquidate—
New York
For
the
will double the
options
per
the
.
of
$200,000,000
and
which
cents
the
$1.17
present
Co., managing under¬
offering of 220,000
and
Jaeger Machine Go. (& Canadian Subs.)—Earns.
Up—-
-
option
price
*
option
reduced."
to ^surrender
is
transactions
the
additional"
bu^ unissued,
the_splitfOip
&
recent
liquidate Israel Enterprises by means of a.
of
its
portfolio securities
in
kind
to
its
stockholders..
These
securities
consist
principally of holdings in American-Israel
Paper Mills, Mehadrin Ltd.,
Suliatan, Ltd., and Fertilizers & Chemicals,
Ltd.—V. 185, p. 1749.
12,750,000.» There
•••'.;
the
is conducting and intends
to conduct
having been licensed by the Governor of
Israel,
proposed to
distribution
that,
so
in
purpose
parts.
King has been appointed Public Relations Director of this
corporation,
In
whicn
the
making
Creation
of
1995.
du Lac, Wis.—New Official-
the
manufactures
announcement,
new
position
Mercury outboard motors.
Carl Kiekhaefer, President,
was
move
a
to
strengthen
said
further
the
the
Aggressive young the rapidly expanding outboard brought the company
management group which has boating field.
leadership in
o
*
Mr.
King had
Corp.—V.
183,
been
p.
Public
Relations
Director
of
Studebaker-Packard
407.
facilities."
Watson
sideration,
that
of
then
IBM's
additional
all
of
the
told
the
stockholders
management
equity
capital
chose
at
the
this
that
company's stockholders.—V.
after
latter
time
185,
is
p.
most
alternative,
in
the
best
convinced
interests
1887,
International Metal Industries, Ltd.—Changes Name—
The
name
Net
stockholders
to
John
sales
Wood
on
April
26
Industries
voted
to
change
the
(G. R.)
firm's
corporate
Ltd.
during 1956 were $47,204,000, highest in the company's
91-year history. Net income totaled $1,557,000.
Income was equivalent
to earnings for the year of $63.00 per share cn preferred
stock; and,
Kinney Co.—April Sales Up 95.8%—
Period End. April 30—
Sales
—V.
anticipated
184,
Incorporated Investors, Boston, Mass.—Sells
increase
to
by; 1,508,594 "snares,
of
proportionately
not
expanding
tronic Data
a
Mr.
in
one
Walker
It
added
for
East.
$2,000,000
(b)
shares,
receive
-
H.
that
oversubscribed
authority for the licensing of
Israel. -According to the
application, as part of its banking
in
various
par
11,241,406
will
organized
which
exemption
new
and
was
Israel,
Israel,
an
approved an amend¬
corporation (a) to
value) currently
the
(no
G.
was
announced
was
1956.
Israel
substantially
net proceeds of sale of the
proposed issue of capital stock will
to the general funds of the
corporation and will be available
general, corporate purposes.
In recent years the corporation's sales
be
to
an¬
30
of
into
purposes
of
reinvestment
be
was
products
will
it
in
The SEC,
funds
The
*
in
are
expected
products to be
the
corporation
It also
IBM
which
the
April
stock
1957
stock
FINANCING—Since
debt
IBM
Noting other areas of profitable operation, Mr. Gardner said a recent
military systems contract resulted in $3,500,000 in
engineering de¬
velopment and equipment sales for Hycon
Mfg. Company,
with an
additional
7,
shares
thereunder
cash
surplus.
capital
fiscal
machines
1957
jftnd outstanding/previously authorized
for
be
advisable
in
are- result¬
1957-58
important
year,
Among
in
on
him, and
capital
IBM has been
the
costs,
growth
operating
general
will increase long-term debt up to a total of $500,000,000.
The manage¬
ment believes that sound financial
policy makes it inadvisable further,
to increase the ratio of debt, to
equity by additional borrowing at this
one
identified
and
of
and
for
issued
June-'IO,
on
new
"a
rental
;
-
and
long-term credits.
It plans also
to conduct
a
general
banking business, including acceptance of deposits,
granting of shortterm credits and
general banking functions."
thereby'doubly the shares purchasable under
wiil
the
public,
sheet
fiscal
annually.
for
markets.
1957,
subsidiaries
rearranged,
this
serious
of
for
unissued)
provisions
granted
approximately
Gardner
the
quarter
$150,000."
31,
its
reductions
$400,000
reported
of
Jan.
and
Mr.
...
first
reorganized,
streamlined
effected
the
excess
ended
basis,"
improved
and
company
was
during
profitable
a
vastly
aircraft, a
pin-pointing downed
communication
and
on
is
the
profitable
program.
Middle
reported
refunds for the
high-speed
aerial
camera
for
use
"crash locator"
radio
beacon
for
a
revolutionary
duction
and
reversed,
earnings
were
profitable
and
is
year
the
for
more
announced
new
sales
1957
for
accelerated."
past,
before
Gardner,
been
facilities
the
subsidiaries
the
and
announced
stock
medium
The'
anticipated
the past five
capital
by
shares
and
borrowing and
value
fiscal
corporation
areas
owned
29.
has
called
physical
profitable
ing
this
re-adjustment
and
Trevor
estimated
Gardner
which
1957,
outlook
1956
wholly
$2,882,337
April
on
remarked,
1957
31,
of
period,
said
Joss
major
its
operation)?
ending Jan.
year
for
and
company
to
Corp.
22
1,
functions
with
stock.-
cotes.; They will-retain them, and, as soon as practicable after May 7,
certificates; for the. additional full shares of capital stock to which
they are entitled will be mailed to them.
Each
new
share
will be
dends
Ilycon Mfg. Co., Pasadena, Calif.—Outlook
Optimistic
.
of
options.will
addition
silver
and
statement
for
May
authorized
the
Stockholders
long-term
..Net
and
held
reserved
; PROPOSED
$7,278,142
added
incorporation
of
record
shares
with
previously
those
■"
1956
'
•
441,059
!
;
for
of-
of
50,000 shares
payable
537,034
amortization,,
expense
Provision
/
.
$5,677,023
__
income
be
expenditures
of
issued
share
369,585
were
entitled
(&
will
Bank
banks
subscription by holders of
21, 1957, at the rate of one
May
stockholders
shares
shares
number
5,251,118
are
983.
p.
> Houston Oil Field Material
Co., Inc.—Stock Sold—The
p Ilowe Sound Co.
each
authorized
for construe-,
Holyoke. The.
pay
near.-
>
capital
par
$0.05
1749.
p.
Bank,
Oct.
of
1956.
certificate
(both
for
total
to
plant
no
Boston
common
185,
The
for
principally
capital
in
5,620,703
stockholder
share
were
that
made
the
authorized
cam-;
Commission's
V.
business
shares then held.
The subscription
price and
supplied by amendment. Morgan Stanley
principal underwriter.
available
SPLIT—The
of
the
split
for
' \
record
financing
be
$0.05
exemption from the Investment Company Act; and the Commission
given interested persons until May 8, 1957, to
request a hearing
thereon.
More particularly, the Bank
requests an order under Section
3 (b)(2) of the Act
declaring that it is primarily engaged in a business
other
than
that
of
an
investment company, as defined in the
Act,
or, in the alternative, an order under Section
6(c) exempting it from
all provisions of the Act.
to be
this
will
of
its
1,350,598
$0.09
has
Registers
—
registration
a
stock
.
said,
company
steam
to
of
this
working
STOCK
authority
ten
as
proceeds
exceed
has applied to the Federal Power Commission
issue $37,400,000 of 33-year first mortgage bonds.
each
the
is
capital
in¬
company
Corp.
74,072
'$2,066.
•
1,353,298
for
indicated."—V. 185, p. 822.
are
72,006
$117,845
share
April
on
of
This
capital
expenditures
caoital.
During
years,
the company
expended $686,882,000 for the acquisition and replacement of
property,
plant and equipment, of which $208,443,000 was spent in 1056.
Such
Holyoke Water Power Co.—Plans Private Sale—
The
offer
are
and
over
including solar energy converters, for
applications.-*—V. 183, p. 2898,
"
*
'
for
snare
Co.
of
subsidiary
to
to
underwriting terms
and
will
of
dustrial
new
Net
.Laboratories,
-on
May
1
filed
1,050,223 shares of
proposes
&
energy,
Semiconductor
Hoffman
tne
:
Israel American Industrial
Development
Tel Aviv, Israel—Seeks SEC
Exemption—
years.
,
,/
covering
outstanding capital stock
development and production of solar
as
corporation
SEC
company
was
development of semiconductor applications. Called
the S miconductor Equipment
Design Section of Hoffman Laboratories,
types
the
energy,'
Division,
Evanston.
iio-iiiia.i
Angeles,
research
H.
cerate
located
-aaK.uxi,
by
with
will
importance
estaolisaed-the
28
division,
n*w
be
growing
nas
April
on
converters.
'
the
corporation
year
Machines
$4,634,542
152,452
184, p. 1123.
First
shares
equal to 77 cents per share
Offering With SEC—
This,
,
Recognizing
this
announced
Business
Apr. 15, '56
$4,515,277
270,297
i
Europe,
Board
in
Subs.)—
^ Iowa Electric
Light & Power Co.—Stock Sold—
on
Solar Division-
Wood
.
with
earnings comparable with last
Stock
Domestic
cotton
Elected—Sales Up—*
Commander-in-Chief
and
Chairman
compared
International
.
(&
___.
per
'Loss.—V.
management
323.
p.
Hoffman Electronics Corp.—Sets Up
v
and
taxes
earnings
Dividends
sev¬
$1,752,160, or 90 cents a share,
year ago.
There were 2,239,508 common shares
outstanding during
period, compared with 1,952,008 a year ago.
r
"During the first quarter," Mr.
Thompson said, "Interlake operated
at
capacity.
On the basis of present estimates and
projections, per
$3.83
distribution
Co.
Shares outstanding
Earnings per share
will-
for
the
$11,061,279
$4.50
$1.39,
manufacture,
Resistance
taxes
plant.
v
Earns,
manu-'
■
a
10,789,890
Industries,- Limited
marketing equipment, John
petroleum
of-
;
Metal
Apr. 14, '57
Net
new
the
President, announced net sales and revenues
$30,036,458, as compared with $25,587,409
period
as
International
Eco
oni
classes
quarter of 1957.
to—
1
Income
1957 of
of
first
both
on
water
Earnings before
will
former
The office of
-
W.
the
the combined
on
quarterly dividends
share
per
Total income
the "
with
operation.
has
about
or
although
a
cents
Earnings Rise—
agreement
Head
Rican
Corp.—Chairman
the first quarter of
of
263,930
12 318,876
Puerto
will
an
The
inventories In
mill,' which
moment
Iron
William
April 25
corporation.
1,293,212-
28,000
14,005
of-
ahd
for
share
per
The regular
.
50
"
that
the
in
.1, 400,171
13,975
voted
subsidiaries
writers,
Gen.
677,112
714,726-
__
which
under
the
Company.
purchase
the
started
stated
Interlake
on
$27, 042,458
announced
Rico,
Development
the
and
heaters and tanks, Fluid Heat
heating equipment,
burners, Haverly bulk milk coolers and
Superior waste receptacles
dairy Industry metalware.—V. 173, p. 566.
7,788,938
make it difficult to enjoy
profitable
operations in the Immediate future, he is
optimistic about the prospects'
for long-range
success of the
mill.—V. 185, p. 1516.
Feb. 29,'56
$7,714,1548
29
company
Puerto
will
of
that
in
Total..
subsidiary
Ponce,
Rico,
.
April
on
Rico, which formerly operated
Flack,. Vice-President of Indian
M.
was
Mr.
$7,066,370 $25,993,980 $22,627,3521
648,278
1,048,478
.
808,939.
721,303
;.
stock
were
Behnett
stocks.
common
7
'
President,
Industrial
goods market at
/■;1
Feb. 28,'57
*
"B"
preferred
automatic
$8,597,742
9,074,405
-■
Puerto
serve
It
eral
—Six Months Ended—
Feb. 29,'56
- •
Rican
located
Rico
Head
James
Hiram Walker-Gooderham & Worts ( & Subs.)—Earns."
j
Puerto
mill
Textron
J.
A.
Robison,
Puerto
Indian
V-
E.
new
a
cotton
,
on
*
-
'-The
facture
Fess
$9,803,386
3,728,474
and
stock
common
Indian Head Mills, Inc.—Forms New Subsidiary—
,
Commission.—V.
-:, '
'
directors
The
p. 1516.' "
$4,129,337
"A"
4 Vs %
International
short-term
pay
Hall-Scott, Inc.—New President Elected—
4
income_; $4,918,437
\charges_:-'__l_ * 4,565,362
after
25.
Nelson
issued
Net operating
expects-to .sell
company
at
the
'8,014,000';
6,970,923
Gulf States Utilities Co.—To Sell Stock—
The
-
class
1957—2 Mos.—1956
3,828,000
Other
stock
allowing for preferred dividends, of $6
*
torn-.,
generally ,of_, tnei. \qperatiftg* reVerfues_--L_'$35,240,245 $32,720,373 $71,900,999 $66,432,129 *"
Operating expenses./-"!'—\ 21,970,921
reference source
21,296,715
45,294,875, 42,849,464;
Murpny._- Grolier's
publication
writing,
added
insiallmeuc
nnance
receive
nlon
be
J
185,
KLM
1957—Month—1956
$6,685,000
p.
1957—4 Mos.—1956
$3,414,000 $15,856,000 $14,010,000
1887.
Royal
Dutch
Airlines
(Koninklijke
Maatschappi N. V.), Netherlands
—
Luchtvaarfc
Stock Offered
—
A
jointly by Smith, Barney & Co. and
The First Boston Corp., on May 1 offered publicly 250,000
syndicate
headed
shares
common
of
stock,
par
value
100 Dutch guilders
Comviercial and Financial Chronicle
TTle
8
,..
1957
Monday, May 6,
(2100)
150,630 common shares re¬
purchased from the Dutch Government and now held in
the company's treasury will be made available by the
company for sale on the Amsterdam Stock Exchange
through the agency of a group of Netherlands banking
institutions, headed jointly by the firms of Heldring &
Pierson, Pierson & Co., and The Netherlands Trading
Society. The offering by the United States underwriters
first time since
the
be
to
tints
CONTROL—From
during
time
to 1951,
contributions
into
stock,
directly 94.3# and in¬
prior
period
the
and
Netherlands Government made substantial capital
loans to the company,
which were latter converted
and
on
the
the Government
1956,
31,
Dec.
owned
outstanding, capital, stock. Notwithstanding this
KLM nas ai ud times since ivs organization in
and operated as a private business enterprise.
Since
1950, apart from guaranteeing
certain .borrowings, the Gov¬
ernment has not made any capital contribution or loan, granted any
subsidy or rendered other financial assistance to the company. Fol¬
lowing the sale, the Government's ownership will be decreased to
71.7#
of
the common shares
outstanding although It cannot fall
below 50#. based on the present number of shares authorized.
directly
investment.
managed
been
1919
the
of
4#
substantial
proceeds from the sale will become ?,a part of the
general
funds.
In
the five-year-period 1952-56, KLM
made gross capital expenditures of approximately 888,000,000, of which
$75,000,000 represented investment in riign* e ui ment and $13,000,000
investment
in
ground facilities.
These expenditures were financed
from internally generated funds und proceeds from the sale of aircraft
except for the equivalent of $15,000,000, provided from borrowed funds.
The
company's future fhgnt equipment program contemplates
the
Dutch
purchase from
aircraft, mainly
of turbo-prop or
engine parts, and
flight simulators and procedure
trainers,.- As of Jan. 1, 1957, the
company had outstanding contracts or commitments lor the purchase
of
flight
equipment
costing $126,000,000,
of which approximately
815.000,000 had
been prepaid.
Tne company also plans to invest
during the next four years for additions to and modernization of its
"of
the
for
$134,000,000
approximately
Dutch manufacturers of 41
jet design, including necessary spare
British
und
rpproximately $27.000,000.
.
, ,
The company estimates that during the years 1957-60 earned de¬
preciation, amounts credited to reserves, retained earnings, other in¬
ternal sources and proceeds from sales of replaced aircraft and other
assets will provide a substantial amount Li avai.able easn resources.
Additionally, it lias available $50,000,000 under a credit agreement
with three U. S. banks which the company entered
Into on May 1,
1956.
As
a
consequencethe company does not contemplate that
any
additional external financing win be lequntd to complete its
ground facilities
'
CAPITALIZATION
program.
PRESENT FINANCING
EFFECT TO
GIVING
(3"a#
§3#
in
Statistics
passenger
has direct
—V.
fl3'/4%
1958
2Vt%
1958
due
and
in
payable
loan
mortgage
dollars
issusable
TNotes
141,000
237,000
S. dollars—
share)
"In
U.
^Consists
borrowings
of
aggregate of
employees.
from
350 shs.
to
fPursuant
to
Agreement,
Credit
a
Credit
a
dated
the
of
Bank
Banks
the
which
America
National
part
the purchase
manufacturers.
""The
of
April
the
loan the company $50,000,000 to finance
the aircralt ordered from United States
the option to repurchase at par 50.000
by the N. V. Nederlandsche Spoorwegen,
railway corporation.
/
''
to
<U.
$6,190,800
Bank
provide
the
1957
4,
Midland
ugreed
S.
under
Association
•'..;
Government-owned
NOTE—On
with
15,
Sept.
Savings
and
the
Limited,
company
the
at
U.
of
line
Agreement
the
Bank
£2,211,000
applied
of the new
credit
of
$2.80
s.
on
which
London, " under
open
an
rate
into
entered
company
of
£1)
to
to
be
the purchase price (payable in British currency)
aircraft.
Inasmuch
as
these
aircraft
are
scheduled
against
Viscount
for
delivery during the months of April through October 1957
the com¬
pany anticipates drawing down the full amount of the credit during
that period.
• * : "
UNDERWRITERS—The
to
agreed
ber of
purchase
underwriters
Irom
the
below
named
the
company
have
following
severally
respective
Shares
Smith, Barney & Co
25,050
.
Carl
M.
Loeb,
Corp.— 25,050
Kuhn, Loeb & Co
12,250
Werthehn &
Blyth & Co., Inc.—
Arnhold
Dillon,
curities
Union Se-
Ripley
Inc.
&
Lazard
Freres
9,900
Merrill
&
Co.—„
&
Co.
9,900
Estabrook
First
Lester,
Ryons
7,300
Moore,
Leonard
7,300
Newhard,
5,500
Schwabacher
Inc
HornWower & Weeks
5,500
Ladenburg, Thalman & Co.
5,500
.Singer,
&
Co
&
GIVING
EFFECT
Deane
Feb.
Dec,
1,
of
of
on Jan. 1,
Laclede Gas Co.
and net income of
1,
1982
1,
sinking
•
stock
2,450
2,450
series
par)
$25
Scribner_
2,450
2,450
250,000
AMSTERDAM
STOCK EXCHANGE—The following group
banking institutions, represented *>y Heldring & Pierson,
and Nederlandsche Handel-Maatschappij N. V
will act
as
agents of the company in the sale of up to 150.630 shares of the
company s common snares held
in its treasury over the Amsterdam
Stock Exchange:
&
Heldring
Pierson
Co.,
&
—
880,000 shs.
-
194.000 shs.
;_____
_____
($4
3,041,616 shs.
§7,133,620 shs.
value)
par
With
Issued
be
may
only
in
compliance
thereof.
issuance
pany
of
terms
the
bonds
The indenture under which these debentures are issued prohibits
of additional debentures thereunder.
However, the com¬
*
the
additional
but
principal amount
has authority to issue other debentures up to a
$10,000,000.
shares
§303,130
stock,
series
pursuant
reserved for conversion of the 4.32# preferred
addition 149,100 shares are reserved for issuance
In
A.
Restricted Stock Option
to
PURCHASERS—The
to
the
of
C.
Co._
Courts
&
Dick
Mackall
400,000
Inc
200,000
Bros.
1,000.000
Walter Stokes
1.000,000
Corp.
Thorn
185, p. 1750.
is
1,000,000
&
Hutzler
Equitable Securities
—V.
1,000,000
Co
Co.
250,000
Cce__
&
Salomon
1,000,000
,
Rothschild & Co._
F.
L.
&
Illinois
The
400,000
—
Company—
Hallgarten
1.000,000
500,000
Merle-Smith—
&
&
100.000
& Co.—
200,000
Company
will receive on June 15 one common share (par $3)
Construction Equipment Co. (as a distribution)
for each Lang Co., Inc. common share held (or a total
of 239,999 shares).
net
&
Lang Construction Equipment
Inc.
Co.,
Amsterdamsche
De
Twentsche
*
N. V.
Bank
Bank
N.
N.
V.
&
Nationale
V.
;
Handel-Maatschappij H.
Albert de Bary & Co. N. V.
Zoonen
Rotterdamsche
Bank
V,
N
working
capital,
letter of notification with
a
,
etc.
the
(par 10 cents) to be
The proceeds are to be
,
..
April 29 filed
—
Files With
letter of notification with the
a
Commission covering 90.000 shares of common
par.value) which the company proposes
to offer to the
expected
13.
company
designs, manufactures,
and conducts research and
development of highly technical and specialized electrical and electronic
systems and components for use on aircraft, ships, guided missiles,
submarines, machine tools, mobile ground power supplies and auto¬
matic
process
control in industry. The company reported sales of
51,974,674 in 1956 and $420,074 for the first three months of 1957.
D. A. Lomasney & Co., New York. It is
stock'will be goffered at $3.25 per share about May
through
the
The
income
Net
1956
for
was
$104,775.
(& Subs.)—Earnings
Marsh Foodliriers, Inc.
Fiscal Year Ended—
sales
Net
Net
——>
—
Federal, taxes
before
"Federal
taxes
on
income
—
(estimated)—
income
Increased
Mar. 30,'57 Mar. 31,'56
:
-
-
—$33,982,881 $25,836,142
1,906,415
724.667
483,079
332,990
$523,336
...
$391,677
ended March 31. 1957, the conmany has elected to
use, solely in its Federal income tax returns, accelerated depreciation
on new assets acquired
in that year. This will create in future years,
based upon present tax rates, an additional Federal income tax lia¬
bility of approximately $40,000.
V
the
"For
year
corporation in March 1957 completed
preferred stock issue in the amount of $750,000
Co. of Chicago.
Oificials of the company
stated
that as a result of this financing they tio not
foresee any
requirement for additional equity financing within the next two years;
however, they stated that the company would continue to periodically
offer a limited amount of common stock to its employees and present
PRIVATE
PLACEMENT—This
of
placement
the
with
stockholders.
"
Marsh
The
a
Allstate. Insurance
officials
on
March
28
are
Martin
Co., Baltimore, Md.- -Name Effective
On
Martin JCo.
L.)
(Glenn
See
that the comany plans to
current year, of which five
1750.
stated
eight new supermarkets during the
planned for Indianapolis.—V. 185, p.
open
April 22,
below.
Martin Co.—Changes Name—
1957.
changed
meeting.—V. 185,
the corporate name of this company was
to The Martin Co. by
the stockholders at their annual
'
1155.
^
Lexington Funds, Inc., New York—Registers
This
New
the
Investment
York
SEC
Accumulation
April
on
Plans.—V.
24,
183,
filed
company
covering
1957,
p.
110.
With SEC
registration
a
of
$7,500,000
statement
Lexington
1
Massachusetts Life Fund, Boston,
first
quarter and 11#.' over the March 31,
total'net assets stood at $32,725,259,
was
Net asset value
p.
per
share/as of March 31, 1957, was
1046;
$18.87.—V. 185,
•
'
185, p. 937.
Francisco. Calif.
(Claude) McFaul Corp., San
Link-Belt Co., Chicago,
On March 31;
1956 figure.
The number of shares out¬
1,734.4 17, representing an increase of 16#
over the
1,488,799 shares outstanding on Mareh 31, 1956, adjusted for the 2-for-l
stock split effective March 1, 1957.
Both the total numbers of shares
outstanding and shareholders represent new highs.
1957,
the common shares.—V.
its
standing
tion
Mass.—Assets Up—
quarter report issued on April 25, this balanced mutual
fund reports a net gain of approximately 4# in total net assets in the
In
first
Lindsay Chemical Co.—Earnings at Higher Rate—
Handelsbank N. V.
Nederlandsche Overzee Bank N. V.
•.
Corp., New York, N. Y.—
Exchange Commission—
April 23 filed
on
corporation on
public
1>.
earned on
& Co.
Mees
184,
V.
58th
per
(50 cents
that
Co.—Stock Distribution
above.
Lippmann, Rosenthal & Co.
Hope
Handel-
Maatschapnij
This
from the sale of the 73,199 shares
stock are to be used to reduce bank loans
capital.—V. 185, p. 1750.
R.
Co.
Nederlandsche
V.
938;
p.
■;
22,229. shares of common stock
share, without underwriting.
at $2
for
stock
common
Earnings for the three months ended March 31, 1957, after deprecia¬
and
provision for Federal income taxes amounted to $348,068
equivalent to 95 cents per share on the common shares after payment
of preferred dividends.
These earnings compare with results for the
first three months of 1956 of $280,071 equivalent to 76 cents per share
Hollandsche Bank-Unie N
corporation
(Glenn L.)
Lang
.j
&
Securities and Exchange
proceeds to be received
Co., Inc.
working
for
See
Co.—Exchange Offer—
(N. Y. City)
Securities and Exchange Commission—
pany
Lang
-y
Avenue
covering
the
Co., Inc.—Stock Offered—Lee Higginson Corp.
and J. A. Hogle & Co. on May 3 offered publicly 73,199
shares of common stock (par $5) at $14 per share. The
common stockholders of record June 1, 1957, of this com¬
The
•#. .'
.
Income
SI.950,000
Company—
&
severally agreed
respective principal
have
&
Freeman
Inc.
Allyn & Co.,
Baxter
below
following
the
company
Co.
Inc.
A.
$2.45
-
2443.#
p.
Plan.
named
debentures:
Stuax-t &
Halsey,
purchasers
the
from
purchase
amounts
60.298
2,622,278
amounting to $0.96 per common share.
in March 1956.—V. 183, p. 2538.
Electric System below.—V. 135,
England
New
See
21.41
5.10 to 1
8,500,000
1955 per share earnings
dividend in 1956,
income
redeemed
was
are
,
pierson
stock
Magnetic Amplifiers, Inc.
of Netherlands
Pierson
non-recurring
1 Preferred
.
dividends.
Per common share figures
shares outstanding at end of each year after
of
number
adjustment for ,2#„ stock
exclude
6.C3 to 1
8,500,000
54.984
2,780,019
$2.76
preferred
and
taxes
based on
are
used
2,450
1
earnings per common shares—
"Net
<
,
35.80
36.80
r 3,71 to 1
8,500.000
None
2,837,640
$1.98'.
8,925,000
aggregate principal amount of first mortgage bonds which may
under the mortgage and deed of trust, as supplemented, is
limited,
share
com.
outsatnding—
No. of common shares
offered
issued
not
Der'
assets to cqr. liabilities-Reserve for contingencies at Dec. 31
1 No. of preferred shares outstanding
SEC
series A__—202,083 shs.
•The
96,510,165
cur.
The
10,000,000
due
debentures
(cumulative
in
series
Common stock
be
fund
#
#
Files With Securities and
15,000,000
,v.;
;
1974
1,
issuable
4.6#
I
3l-JL;-._——-
Dec.
:.
Outstanding
1965—
24,718,404
Dec. 31———— 142,964,833
assets'
current
Ratio
FINANCING
PRESENT
TO
$19,000,000
1979_.
May
and
Co._
&
78,739,808
15,433,796
63,306,012
1956,
30,
Authorized
due
with
ON
miles
Population
square
Mo.
1,470,000
$44,G48,450
bonds:
due
of
2,450
Lynch_
Cook & Co
&
8,403,770
44,804,557
2,450
Stroud & Company Inc
Total
SALES
Sept.
aggregating
due
2*450
Southwest Co.—
9,900
& Go.
estimated at
ended
year
series
2',450
!•
Co._
&
Dean Witter & Co
G. Becker
the
series
2*450
__
______
Hallgarten & Co
A.
2 450
„
______
&
Courts
-
135
County,
of Lang
L.
4 900
9.900
White, Weld & Co._
R.
&
Bache
Lynch, Pierce, Fen-
Model, Roland &: Stone
4,900
Anthony
path
9,900
—.
4,900
—
Auchincloss, Parker & Red-
9,900
&
Co.
&
Day
9,900
Co
Brothers
4,900
_
Whipple
Bacon,
Tucker,
Kidder, Peabody & Co.. Inc.
Lehman
5 500
s!o00
Bleich-
S.
The Milwaukee Co
Co..
—
about
Lang
Col"IIIZII
and
9,900
Co
&
_
9,900
Goldman, Sachs &
Harriman
Rhoades
roeder, Inc.
Co
&
Co.
9,900
__
and
Louis
Shares
The First Boston
Eastman
num¬
shares;
common
is
County
series
4.32#
company also has
shares now owned
common
the
to
agreed
In
Trust
St.
V* #
Preferred
*
dated May 1, 1956, with The
The.Chg.se Manhattan Bank and
Agreement,
First National City Bank of New York,
Louis
Louis
in
areas
revenues
mortgage
*3*8 #
KLM
for
funds
1954, with The
First National
City Bank of New York and The Chase Manhattan
Bank, which contains somewhat less restrictive conditions than those
ol the 1956 Credit Agreement referred to in Note (t) below.
t'Pursuant
St.
operating gas utility engaged in the
gas
throughout the entire 61 square
an
St.
of
Z
-
128,305,683
Current liabilities at begV 31-1——
33,545,527 21,286,174
Working capital at Dec. 31
:_
104,419,306 107,019,709
3l_
Dec.
at
assets gt
Current
Lynn Gas & Electric
March
*
is
natural
of
3'/4#
»
two, pension
to
•
26.32
,
•.
'/ .I
37,869,168
.
at. Dec..
at
will be used
and the balance
construction and
bank loans,
be used for
,
7,073.759
84,455,314
depreciation al Dec. 31
31__—X—T——53,580.765
-iJ™——
8,483,980
Dec.
Net
plus
-..-V,...
57,360.831
£3,299,169
31
"After
47b#
500 shs.
';
"
capital
par,
,
54.781.496:
1 6,912,328
ac
bonds
the
of
to
at
77,716.775
20,355,944
Dec.
-
operating
by the Netherlands Government.
three pension funds, including an
from
and
Louis
3
"1,999;500 shs. ""1,479,500 shs.
borrowed
$1,895,000
sale
City
suburban
adjacent
sale
the
from
outstanding
101.82#
from
# #-V
# 28.86 :
.1.,.
_
,
com-
per
equipment
and
Property, plant and equipment (net)
purposes.
the
of
area
*Guaranteed
dollars.
proceeds
receding
259,377
2.675,160
;
76,435,689
I^c.'31—29.27
at
plant
Accumulated
*
.*
.
——_
S.
be
share
mon
Property,
Madison
None
Priority shares (par value 100 guilders
per share ) -—^__2
Common shares (par value 100 guilders
per
in
company to repay
added
to
working
"First
237,000
V
50,000,000
Credit
Bank
under
Agreement payable in U.
to maturity,
each case.
investment
Stockholders'
and - at special prices, including
redemocion
which is designed to retire $5,500,000 (55# )
par,
CAPITALIZATION
"
& Co.
$4,020,204.
141,000
*'■■'
\J"<y
-
Inventories
EARNINGS—For
2,800,000
_—_V
indebtedness
Sundry
interest
the
T 6,811,551
income
Cash
prior
PROCEEDS—Net
by
'h-
io/Mhe year—" 5,665,856 10^812,265
52,785—. 245,153
dividends"L_—"^4,255.351
3.343,795
Stockholder's' investment at Dec#31_.' 83,049,252 . 87,331,710
the sinking fund,
accrued
S.
U
—_
fvv
■;
to
bonds
the
had
#
;
sales 4excluding inter-company
Net
Lynch, Pierce, Fenner & Beane and Reinholdt &z Gardner
(jointly) bid 100.219# for the bonds, also with a 4*8# coupon.
The bonds will be redeemable at general redemption prices ranging
of
-
440,414,706 326,934.520 274.500,282
—
—
::.• •$
Common
100.829%.
through
t
-
,
>
441,456,646
Merrill
St.
2,800,000
_____
g
113,874,827 496,060,711
subscription books have been closed. The underwriters
won award of the issue at competitive sale May 1 on a
*7,369,000
dollars
#
.
Inc., and associates on May 2 offered $10,000,000 of first
mortgage bonds, 436%
series due May 1, 1982, at
101.817% and accrued interest, to yield 4.75%. Dealers'
106.70#
sales)
v.
V- .
;
sales)
—
290,562,642 228,236,566 186.026.685
Earnings before taxefU*——
10.646.856 20,105,390
14.435,946
Federal and State income taxes__l_ ..
4,081,000
9.293,125
. 7,624,395
1957—16 Wks.—1956
Laclede Gas Co.—Bonds Offered—Halsey, Stuart
irom
1-954
1955
1956
inter-com-
tPreferred dividend^
"V
bid of
•"
$
1276.
p.
value common stock for each
resulting in the issuance of
stock.—V. 185, p. 1276.
—-
13%—
'
128.411,729
—
185,
1957.
through
instalments
semi-annual
in
in U. S.
payable
notes
$
Sales
—V.
the
: v
*7,369,000
Sales Up
1957—4 Wks.—1956
1, 1157 acquired the assets, subject to the
Cement, Inc. on the basis of an ex-
-
(including
sales
Total
pany
Kroger Co.—Current
"S0.37
1, effective
#:• '> is a non¬
(M.) Lowenstein & Sons, Inc.- -Sales at New High—
Net
Period End. April 20—
427.864
$2,707,984
"7,234.252
Portland
Year Ended Dec. 31—
#
1749.;-'#,#.
Superior
of
475,489 shares of Lbne Star common
of
ciistributionand
*$2,526,000
nave hie
bonds
debenture
185,' p.
corporation.cn April
The
connections
one
no
2,250,000
518,064
foreign)
end
cnange of 134 shares of Lone Star $4 par
share of Superior no par .common stock
Association
lor international
operations only, is third in number of
miles flown and third in available ton miles offered.
It
Air Transport
international
to
5,385,848
2.325,000
,
.
first European airline after the war to
service to New York.
Today, among the
ranks
second in number of route miles
-
1.654.674
earnings
liabilities
with substantially every major airline of the
which parallels its entire international route pattern.
KLM has pioneered in the operation of all-cargo services and was
one ol' the first to inaugurate such services across the North Atlantic.
world,
mile
guilders in annual instalments from
1964
through
1983—————
it
and,# according
operated
from
operation.
covering more
and
flights
1,030,"785
6,075,611 "
——
taxes—-
taxesr-(domestic
Other income
7
amortiz.—
$3,232,547
Shs. outstdg. in hands of public at end of period
7,259,278
Net earnings per. share—..
—
$0.45
"Adjusted to accord with the stock split of 21 a shares for
Dec. 13,
1956.
"v •
■
'■
Included in the net earnings for the first quarter 1957
recurring gain of $284,325.
/#■:■ - # " v
.
' ■>•>'.
the
world,
the
BUSINESS—Company
: w
*$2,526,000
became
transatlantic
of
airline
oldest
world's
scheduled
KLM
1946,
In
airlines
the
is
corporate, existence
with
general corporate
instalments
annual
in
1980
tnrougn
4Vi #
bonds payable
1960i
after
guilders
by
Net
inaugurate
"Outstanding
"Authorized
paid
the standpoint
Its operations are
than 150,000 route
miles and serving all six continents through 109 cities in 74 countries
and
possessions.
In the conduct of this service, approximately one
third of its transportation revenues in
1956 were received in U. S.
dollars or currencies freely convertible into U. 8. dollars.
will
<
are exempted from the.
Dutch companies under
residents
S.
U.
dividends
on
income;
Federal
$21,052,542 $10,538,265
packages!^—
paper
taxes__l____
before -income
Earnings
J
".,"1956
1957-
:
depletion and
for Ideprecl,
Provision
law.
continuous
PROCEEDS—Net
expenditure
tax
BUSINESS—KLM
company's
American,
Netherlands,
The
and
withholding
world-wide,
the war that a European company
has offered shares of its capital stock tor public sale in the
Uni.ed
States. The sale of the new shares is being made primarily to create
a
broad public market for the company's stock here and in Europe.
will
This
15#
to Include
(adjusted
Sales
dividends
States
3L-^
Quarter Ended March
to U.
S. residents in dollars through a New York
transfer and paying agent; consideration will be given yearly to an
interim distribution.
Under the tax convention between
the United
of
the books closed.
quickly oversubscribed and
was
year. out
of
pay
(& Subs.)- -Earnings Up— 1
L*ne Star Cement Corp.
paid on the basis of the operating results of the previous fiscal
In March, j, dividend of 7# of the par value was declared
1956
earnings, equivalent to approximately $1.84
per share,
payable on April 1, 1957, as compared to a dividend of 6# on 1955
earnings and 5# on 1954 earnings. In the future, it is planned to
and
share. Simultaneously with
($26.32) at a price of $29 per
this offering, an additional
III.—Registers With SEC—
With Securities and: Exchange
Files
Commission—
-
EARNINGS—-Total
Vlaer
•
operating
revenues
&
in
equivalent of
on
shares
1956
'
.
with
the
on
practice
the
of
company's
Dutch
"
amounted
$114,000,000. and net earnings to $5.65
outstanding at Dec. 31, ,1956, including
DIVIDENDS—Dividends
cordance
Kol
per
the
share, based
treasury
.common
companies,. have
This
to
shares,
been
shares.
in
ac-
declared
April
These
company
29.
1957,
covering
securities
prospectus,
company
only
and
filed
its
to
are
to
a
registration
a
26,791 shares
be
offered
for
statement
of
its
$5
with
par
subscription,
the
SEC
common
according
selected group of officers and employees
subsidiaries.—V.
185,
p.
1517.
on
stock.
to
the
of the
letter of notification With the
stock to be offered at par
Financial Investors, Inc., Sacramento, Calif.
proceeds are to be used for acquisition of production machinery
equipment; purchase of materials and tooling; advertising;-patent
The
SEC
($10
The
and
corporation
covering
per
expenses
on
April
18
10,000. sliafes
share), throfrgh'
and
working
capital.
of
filed
a
common
Number 5635... The Commercial and Financial Chronicle
Volume 185
additions
loans,
Quarter Ended March 31—
sales
Net
!
—
Cost and
expenses
1956
41,193,924
35,451,436
3,810,000
2,671,000
$3,431,813
$2,439,07 7
320,528
-
Dividends paid on preferred stock
354,375
_—
and
capital
„
control
income
Net
working
other
corporate
general
components.
recently
Its
Magnecord
merged
Division
produces magnetic tape equipment, Is located in Chicago,
CAPITALIZATION
GIVING
per
$3,111,285
—,
$2,084,702
*5%
serial first mortgage
$2.09
Net income reinvested in the business^
$1.40
i5%
EFFECT
notes
share
common
—V\ 184, p. 2357.
-
Notes
-
.
f.
Murray Ohio Manufacturing Co.—Secondary Offering
secondary offering of 19,000 shares of common stock
(par $5) was made on May 1 by Blyth & Co., Inc., at
$30.25 per share, with a dealer's discount of $1.50 per
share. It was completed.—V. 180, p. 255.
TO
PRESENT
which
111.
Nation-Wide
Total
$360,000
250,000
net
$360,000
^
1958
514%
($2,219
at
250,000
5%,
*
at
interest rate)
& $19,887 at 6%
corporate
'
V;*
E.
President of this corporation since 1952, was
elected Chairman, of the Board of Directors on April 30.
He remains
12%
Chief Executive Officer of
Common stock
Sydney
Whitaker,
continue
will
exequtive,
the
the
as
he
post
President
1952,
shareholders
The
of
Morris,
F.
April
voted
30
to
First
&
Vice■
approve
tion
the
upon
Atlanta
Industrial
without
All
&
in
parts, radios,
stampings.
Sydney
holuers:
the
inclusion of
"Dollar
first quarter
the sales
earnings
This
of 1956.
of The Jackson
also
were
of
Chairman
each
is due
slightly
almost entirely to
IHn
cise
to
keep it in
a
maintain the operating
competitive position."
CONSOLIDATED
than
in
1956
efficiency
STATEMENT
the
of
Net
before
Federal
and
income
State
taxes—_
taxes
income
on
_■
of
by
successive one year
pledge
of
date,
agreed
the
Research
periods.
book
$551,692
receivable.
of
This
be
may
to
not
bonds
<fc
<
reserved
for
outstanding,
—V.
Corp.
inventories
The
R.
r
named
exer¬
•
have
below
their
■"
•
respective
Co._
Underwood, Neuhaus & Co.,
Incorporated
Sales
3,268,423
mestic
in
20,000
and
markets reach* d
foreign
totaled $42,700,000,
1956
Robert
new
highs.
Do-
Second
Earnings
$0.78
(after
share
$0.82
■■■__;
preferred dividends)
$2.04
♦Common
shares
outstanding at March 18, 1956, adjusted for 100%
June 1, 1956.—V. 185, p. 938.
distribution
Securities
The
SEC
to
and Exchange
corporation
April
on
covering $21,900 of
offered
be
face
at
Francisco,
Calif.
V.
Commission—
filed
22
letter of notification with tho
subordinated capital debentures
Guardian Securities Corp., jSfch
a
12-year 5V>%.
through
amount
p.
The
proceeds
for
be used
to
are
working
i
Co.
Nine Months Ended March 31—
revenue
Material,
and
wages
Depreciation
Interest
Federal
and
_'l
28,083,381
4,118,700
—
—
income
State
29,407,856
1,202,982
44,402
expenses
amortization-—
and
expense
3,329,100
taxes—
1,128,598
49,764
earnings
__a.
Common
shares
Earnings
per
outstanding——
s
of
are
$3,771,686
— _
—
1,294,838
—:—
$2.91
stock—
common
$3,143,939
1,290,000
$2.44
185, p.
of
Miles
Metal & Thermit
sales
Net
and
amounted
1957
other
income
for
$11,421,357,
to
an
three
the
months
of
increase
ended
$1,096,590
both
March
31,
sales
elected
in
announced
the same
taxes
$87,147,511 $73,280,737
10,493,873
9,533,416
—,—
——
3,243,000
April 30.
on
Of
Net
income,
amounted
to
quirements,
shares.
share
965,744
share
shares
$3,539,216
$0.54
7,047,124
(on
842,209
$3,836,928
:
—
$0.50
now
—
the
subsidiaries and branches
by
three
amounted
months
outside the United
$2,582,765 after taxes, as
to
with
pared
Foreign
Laboratories
converted
was
First"
sales
and
the
Net
similar
income
$383,344,
after
taxes
1956
for
taxes
the
in
share,
months
and
sales
first
the
of
1957
revenues
quarter
share,
the
that
30
as
of
company's
were
the
first
for the
of
1957
with
to
kaolin
same
cents
share
with
that
the
in
shares
the
of
income
net
of
795,550
on
outstanding
$538,248
like
cents
67
or
period
common
of
a
Installed the first unit's of its Postmachine.
and
185, p.
1277,
the
Products Corp. below—V.
than
quarter
in
of
the
1957
of
period
inventory
proceeds
ment
May
continue to be conducted under the divi¬
will
Industrial Chemicals Co.STATEMENT
EARNINGS
OF
has applied to the Interstate Commerce Commission
to sell $4,200,000 of equipment trust certificates to
1958-1973, at competitive bidding about May 8. The
covering
offered
be
the
Of
for
registration
a
public
sale
net
borrowings
from
construction
of
$19,000,000
proceeds,
treasury funds)
of
000
filed
company
1957,
be
would
used
purchase.—V.
to
185, p.
at
competitive
to
prepay
and
the
bonds,
SEC
due
on
Wendell
E.
the
when
Whipp,
boat
adjoining
the
p.
the
bidding.
balance
company
1750.
the
This
Michigan Bell Telephone Co.—Earnings—
Operating
expenses
Federal
Other
1957—Month—1956
1957—2 Mos.—1956
$21,004,933 $19,961,453 $42,659,629 $40,129,816
14,546,232
14,176,183
29,734,842
28,203,160
revenues
operating taxes
2,287,646
2,051,749
4,543,382
4,341,151
1,603,885
income taxes—
a
$5,308,500 equip¬
in
1,506,963
3,247,646
2,817,961
operating
income
Net after charges
$2,567,170
2,326,667
$2,226,558
2,001,783
$5,133,759
4,600,575
$4,767,544
4,302,101
—V.
185,
p.
1388,
The
Club.—V, 185,
p.
Midwestern Instruments,
Inc.—Stock Offered—Public
Unterberg, Towbin & Co. and associates.
PROCEEDS—Net
company
for
plant
proceeds
from
additions,
the
will be used by the
development, repayment of
financing
product
754,831
926,664
5,037,164
8,656,231
8,472,111
$0.53
$0.54
______
shares
1
outstanding
provision for dividends on preferred stock.—V.
Trade-in
builders
In
The
the
1957,
proceeds will be available for
registration
statement,
seoarate
a
April 30,
registration of,an
general
corporate
Net
to
to
Co.—Issues Trade-In Booklet—
purposes.
Americans
Half
be
improvements.
capital
volume
as
of
business
has
build
or
the
sell
of
building
point where
houses
.
materials,
says
it merits the serious
.
estimated 92% of new car sales today
the
cites
and
It
have
home
an
importance
was
RR.
Co.
rnnounced
under
the
prior
March
15,
1902,
equity
are
owners
virtually obsolete by
National
100,000 common shares will be added
will be available for such general
the management
may determine,
including
According to the prospectus, an increased
created a need for new production facilities.
proceeds of the sale of the
purposes
manufacturer
reached
"has
who
today
tv>esp
of
many
general funds of the company and
corporate
,
currently much discussed topic among home
the subject of a new copyrighted booklet just
leading
a
all
of
trade-ins
involve
Co.
&
is
of
trade-ins
to
the
ap¬
pliance industry.
"Trading-in should also be important to the housing market," the
author says. "For the first time in our history, over h$lf the people
in the U. S. own their own homes—nearly 60%. Twenty-five million
Moore Products Co. seeks
additional 100,000 common shares, to be offered for
Parrish
are
a
booklet points out that an
The
.
through an
and
Co.
company,
trade-in trend
attention
underwriting group headed by Hemphill, Noyes
The public offering price and underwriting
supplied by amendment.
The company's business is the development,
manufacture and sale
of industrial instruments and pneumatic comparator gages.
public sale
housing,
and realtors,
published by this company.
registration statement with the Securities and
a
185, p. 938.
1995.
Philadelphia, Pa.—Registers With
Exchange Commission—
filed
Commission on
cash
on
new
of
of
billion
homes
in
over
of Mexico—Interest
homes.
old—
existing
30
years
185, p.
1278.
Payment—
Hanover Bank,
Trustee
as
mortgage of National RR. Co. of Mexico dated
distribute an amount equal to 2% of the prin¬
lien
will
the
in
April 30 that The
cipal amount of the prior lien 4,/a%
account
$100
living
home standards.—V.
Interest
accrued
gold bonds dated March 15, 1902
and unpaid on said bonds as
1, 1957, from funds received on underlying collateral securities.
In respect to bonds which have been stamped to indicate assent to
the Offer of the United States of Mexico made pursuant to Mexico's
of April
Munsingwear,
Inc.—Buys
Hollywood Firm—
President, on April 30 announced that this
for approximately $2,750,000 cash all of the
stock
of
the
Hollywood
Maxwell Co. of Hollywood, Calif., which
produces a high quality line of brassieres and sells and advertises
nationally under the trade name Hollywood V-Ette. Hollywood Maxwell
a*-d
th» Vassar Division
of Munslngwear, which manufactures Vassarette girdles, will be joined together to give Munsingwear a much
stronger representation and share of the market in the corset and
George
offering of 200,000 shares of common stock (par $1) at a
price of $5 pgr share was made on May 1, by C. E.
6,464,000
minority int.
income
♦After
on
Net
6,737,000
income
5,053,481
subsidiary companies
Common
Chairman of the Board, drowned on April 27,
which he
was
fishing overturned on the lake
covering 41,204 shares of its
$1 par common stock.
The company proposes to offer this stock for
subscription, at $10 per share by certain of its employees and officers.
Of
these shares,
27,216 are to be offered to retire 972 outstanding
class B common shares held by employees, and 13,988 offered for cash.
terms
Operating
of
taxes on
Proportion of profit applicable to
1889.
Monarch Rod and Gun
company
Exchange
&
Period End. Feb. 28—
80%
V
13,306,573
878,745
:
for Federal
Provision
$
13,570,080
1,024,768
and reserves—
Interest charges
73,
from
Securities and
to
and to repay short-term bank
borrowings effected in 1957, the proceeds of which were used for 1957
construction
purposes.
The
company's
1957
construction
program
contemplates
expenditures
of
approximately
$28,050,000.-—V.
185,
of
program
about
after deprec.
opers.
National Gypsum
April
1987,
will be used (together with $1,400,$3,900,000 of 1954 credit agreement
will be applied to the 1957
$2,500,000
banks;
with
mortgage
finance
from
126,645,392
•Earnings per common share—
and
statement
first
}
Monarch Machine Tool Co.—Chairman Dies—
1956
Metropolitan Edison Co.—Registers With SEC—
This
Earns,
1,
Moore Products Co.,
30,
Equipments May 8—
1956
1957
■.••■$
146,514,434
sales
Net
938.
Changed—
1957, the name of this corporation was changed to
1,
business
CONSOLIDATED
Net
of
profit
gross
same
reflected
June
185, p.
Distillers & Chemical Corp.
sional name—U. S.
of devoting substantial sums and
development 6f new products.—V.: 185,
company
authority
Orders have
than 350 banks
with General Electric
electronic computers at a new plant in
transistor-powered
chemical
The
1956.
the Detinning Division
because results in the
other cost adjustments
which did
not have their counterpart
in the comparable quarter of
1956.
Such adjustments tend to equalize as the quarters of the year
progress, he added.—V. 185, p. 1889.
lower
was
first
The
for
Canada
year
Three Months Ended March 31—
mature
exchange
for
1956.
of
has just recently
Ariz.—V.
Effective
its policy
continued
research
Missouri Pacific RR.—Bids for
and $533,304 by sales of all other products,
per
number
said
Martin
Mr.
52
compares
the
of
1956, H, E. Martin,
President,
increase, $563,286 was represented by
of
month, the company signed an agreement
National
catalyst.
1750.
p.
.,
rates
except
National Distillers Products Corp.—Name
These include an increased, but not yet capacity,
results.
company
1956,
National Distillers & Chemical Corp.—Name Effective
non¬
earnings for
pelleted
remittance
29,
world's first electronic bank posting
See National Distillers
period
1956 received the benefit of certain
year's
at
Feb.
and
par..
first' quarter
the
produce
Phoenix,
quarter of
same
credits to income. Earnings for the first quarter of
regular business of the company compared favorably
the
to
to
with net income
outstanding March 31, 1957.
1057 totaled $587,404 as
in 1956.
1,937,308 shares
on
for
$777,055
quarter
in
the
Last
$3,614,803.
amounted
at
<
•
converted
already been placed amounting to $15,000,000 by more
across the
United States, Mr. Allyn reported.
$4,231,393.
were
1956.
1957
(Juarter defense sales for this
company
tronic,
total
1957
compared
28,
first) quarter of 1956 of $523,355, or 27 cents per
based
taxes
with
recurring
from
three
first
period in
after
before
First
the
20 cents per common
or
common
Income
in
revenues
April
on
Feb.
Increased to $6,282,849 as
compared with $1,289,731 for the lirst three months of 1956.
Overseas sales reached
$31,622,238—an increase of 15% over $27,The
announced
in
were
at
whicn
period in 1956.—V. 182, p. 2791.
corporation
$1,335,303
currencies
prevailing
of
after provision for Federal income taxes of $454,227,
$417,449.
This was equal, after preferred dividend re¬
to
This
on
the
1,859,514
branches
and
subsidiaries
3,292,4.77
2,448,201
—
———_——
reported
1956
1957
taxes——
foreign
ptr
for
506,651
quarter
of detinning products,
sales
t
first
the
Robert S.
.
foreign subsidiary
.
$10,324,767
director.
a
President.
In accordance with company policy,
those foreign earnings actually remitted to the United States
the earnings of the Canadian subsidiary are included in net
income.
These amounted to $1,617,020 for the three months as com¬
sales; whereas in 1953 they were 15%.
three months ending March 31, 1957, consolidated net
and its domestic subsidiary companies were
$11,497,000, compared with $11,368,000 during the same period in 1956.
Net earnings a.ter taxes was *6*7,^00 as com^area witn $755,030 last
year,
an
increase of 12%.
Net earnings per common share was" *70'
cents for the first three months of 1957, edinpared with 63 cents for
efforts
over
remains
was
.
income
States
the
The
Corp.—Quarterly Sales Rise—
and
STATEMENT OF EARNINGS
of
sales
outstanding)
world
of Miles
last
1277.
Chairman of
as
only
plug
sale
—V.
..
:
Stanley C. Allyn, Chairman; Walter H. J, Behm;
M. Wilson and Gordon A. Lowden.
income
of
Earnings
In
compared
Net
{
compared with $2,177,511 in 1956,
lor
1956
1957
$38,545,626 $35,734,782
:
before
earn,
Net
capital.—
Subs.)—Earnings Higher
(&
for
offer
to
proposes
John
including
Earnings
of diversification
N.V.)
not remitted to the United States-
Minerals & Chemicals Corp. of America—Earns. Up—
Meredith Publishing
Oelman;
sales,
Net
1955.
its program
committee:
S.
Foreign income taxes
and by product.
The market -diversification program has
foreign markets accounting for a greater percentage of the
company's world gross sales. In 1956 foreign gross sales comprised 18%
This
Total
continuing
on
yesterday's
resulted
1750.
185,
is
share for
per
announced
was
elected Stanley C. Allyn
25
by market
sales
Mercantile Acceptance Corp. of California—Files With
$2.00
it
Co.—Changes in Personnel—
Honorary Chairman
Vice-President,
United States
said the company now has over 2,000
earnings per share in 1956 amounted to
net
with
Laboratories
During
share
that
Commission,
Executive
Income,
Beardsley
Mr.
and
compared
as
Miles
provision
__
over
are
Allyn, who has been President of the company since
Executive officer. He succeeds Edward A. Deeds,
companies and branches
Consolidated gross sales in foreign markets increased
1955 and amounted to $9,000,000 for the past year.
report
shareholders
,
for
his
In
55,778
3,511,604
.
$1,400,000
.
45,833
*3,231,714
■
_
common
"
53,869
series.
shares
per
.'
,
_
preferred shares, 4.30%
Common
$2,749,246
—$2,787,774
Capital stock outstanding:
Preferred shares, 414 % series
1975,
.
Three Months Ended March 31—
Net
the previous year.
Net earnings.
1,
Chief
COMPARATIVE
increase of $4,000,000 over
an
Jilly
.
•
Maatschappij
April
on
Mr.
announcing
executive
President, on April 23 reported that the con¬
sales in 1956 were $51,700,000. This sales figure
domestic
due
action, the Board emphasized that these
changes represent a realignment of titles rather than any shift in
management responsibilities. Gordon A. Lowden, Financial Vice-Presi¬
dent, succeeds Mr. Oelman as Executive Vice-President.
The board of directors also named the following as members of the
products and fine organic chemicals.
Sales
product categories increased during 1956, thereby con¬
total gain in sales over the previous year.
for
bonds
.
Exchange
Luchtvaart
becomes
In
12%
both
sales
...
and
directors
Oelman,
pharmaceutical
a
•
,
issued
remains
who
45,000
highest in the company's history and marked the first time sales
$50,000,000.
The year just ended was the 16th consecutive
year of sales growth.
Miles products are divided into three groups: home remedies, pro¬
these
to
an
exemption order permitting National Aviation
investment company, to acquire not to exceed 20,000
250,000 shares of common stock of KLM Royal Dutch Airlines
has
Board.
1940,
.
is the
tributing to
paid
New York
The
the
names
;r'.
exceeded
in each of
debentures
5%
National Cash Register
Shares
<fc
of
severally
Beardsley,
gross
and
declared
were
25 filed an application under the Trust
qualification of a trust indenture pursuant
for
1995.
p.
Securities
1,
the
of
1639.,
world
each
public sale in the United States.—V. 185, p. 188S-.
Miles Laboratories, Inc., Elkhart, Ind.—Sales Rise—
Walter
cents
share
2016.
Dehydrating & Milling Co., Lamar,
1939
$2,352,950
185,
May
the
solidated
Gov¬
National Aviation Corp.—To Acquire KLM Stock—
face
and
issuance upon the
Hettleman
45,000
8.
to
Corp.,
of
opposite
•
45,000
U.
the report, net income
per share.
Two dividends
be issued.
The. debentures are to be iSsued in exchange for the
i company's 5%\ cumulative preferred stock, subject-'to stockholders'
approval on the basis of one $50 debenture for eacli share of preferred.
•
the company the respective numbers
forth
Unterberg, Towbin Co. 45,000
In
4.68%
forth.
so
covered by
37.71
or
stocks,
and
cash
per
p.
April
on
of
Act
which
to
make
Development
(<
set
181,
company
Indenture
>
value
underwriters
stock
common
cents
15
Alfalfa
(Koninklijke
■
185, p.
National
,
.
are
in
period
$539,758,
was
of
preferred
in
1.63%
months
Colo.—Proposed Exchange Offer—
.
outstanding options.
shares
—V.
company
2,880,138
._
has
75%,
American
Hayden, Stone & Co._
$39,372,686 $37,269,168
5,667,912
6,017,669
—
of
Shares
Mar. 18, '56
Mar. 24, '57
sales—__
Income
by
Carl M. Loeb, Rhoades & Co.
INCOME
OF
Weeks-Ended—
maturing said
company
agreed to purchase severally from
of
the
but
bond
holders
addition, 35,815 shares
of
fessional
12
the
held
are
accounts
below;
number of common shares now outstanding reduced earnings
share from 82c to 78c.
"The capital expenditure program for 1957 calls for expenditures in
the neighborhood of $20,000,000.
Continued large capital expenditures
necessary
of
UNDERWRITERS—The
greater
are
of
Co.
larger
The
premium.
17.42%
bond maturing
Aug. 15 thereafter to and
secured by a first mortgage
respective principal amounts of $200,000 due Oct. 5, 1957, and
due Nov. 23, 1957,-with interest payable at maturity in each
company has the option to extend, the maturing date of
§Secured
per
and
notes
rate
30,
and
investments except dn the regular course of business,
or
consent
note for two
value
the
Box
such
one
fund
the
The
C. E.
retiring
15
the
to
•
the
case.
Board, told the share"Results for the first quarter of 1957 show sales somewhat in
of
excess
addition,
pjjaint, plastic products, metal parts and
refrigerators,
Ferguson,
$13,333.33,
the
31,
per
Sept.
at
and
six
shareholders.—V.
bonds are presently held by Jefferson Standard Life Insurance
Greensboro, N. C.
:V
1
$50,000
will be
Corp.
of
Feb.
of
be redeemed at 105% of the principal amount thereof
in
without
the
tSuch
operated as the Chicago
Division of The Jackson Box Co.
Industrial's plant located in Chicago
manufacturers custom made corrugated shipping containers
for food,
television sets, beverages, textiles, furniture, automobile and
airplane
Paper
each
«
11947,555 shs.
the
Co.,
of options.'
which
Container
and
the
at
§459,355
1,000,000 shs.
—
denomination
may
loans, advances
will become a wholiy-owned Mead sub¬
sidiary, manufactures corrugated shipping- containers and
displays,
Bottle Master carry-home cartons for the soft drink and beer indus¬
tries, folding paperboard cartons for the conventional packaging of
foods, textiles and detergents and Cluster-Pak paperboard cartons for
multiple-unit packaging of canned grocery products and beverages.
Management, which has been so successful in the past, will remain
unchanged under the direction of the President, Arthur L. Harris, who
was
elected to Mead's board of directors on April 30.
Co.,
days———,
1957,
bond,
one
redeemed
of Atlanta Paper Co.
Paper
the
all the bonds
and
•
Paper Corp.. by The Jackson Box Co.,
granting
ih
15,
Aug.
90
(par $1)__
$18,486
figures
bonds,
During
.
such
and the acquisition of Industrial
a Mead subsidiary;
and approved the adoption of an amendment to the Stock Option Plan,
increasing the number of shares and eliminating the Plan's time limita¬
this corporation
Container
within
—
including Aug. 15, 1970. The bonds are
upon all property (other than current assets) of the company, including
property hereafter acquired.
On any bond maturity date any or
Board,
-f
'
v
the affiliation with
was
on
the
of
Chairman
Honorary
payable, maturing at various
*Issued
on
committees.
since 1948.
Donald
elected President.
held
has
since
1948, retired as an officer in
of the Mead Retirement Plan.
He
the corporation and a member of the
re-elected
was
dates
.
since
policy
and
Mead
~
provision
age
director
a
finance,
H.
Geo.
corporation.
Chairman
Ferguson,
accordance with
the
loans
March
on
of
bonds
ernment
34,106
'
Howard
assets
value
asset
Comparable
ma¬
$12,000
net
1957, were $26,453,086, equal to a
share on 1,431,012 snares outstanding.
1956,
were
$25,846,393, equal to
$18.32 per share on 1,410,840 shares outstanding. . On. March 31, 1957,
57.44%
of the fund's holdings
were
in common stocks, 18.83% in
Outstanding
trust bonds—
payable to bank and others,
14,
S Mead Corp.—Changes in Personnel—Expansion—
Securities Co., Inc.—Assets Increased—
FINANCING
turing at various dates prior to March
•'
■■■
9
—A
Authorized
Earnings
pur¬
(i
BUSINESS—Corporation, located in Tulsa, Okla., is engaged prin¬
cipally in the design and manufacture or industrial electronic and
electro-mechanical
equipment; primarily,
recording oscilllgraphs,
re¬
cording galvanometers and magnetic structures, amplifiers and automatic
$48,435,737 $40,561,513
-
—.—,——
Federal income taxes—.—
for
Provision,
'
1957
1
,
to
poses.
Corp.—Sales and Earnings Rise—
Steel
McLouth
(2101)
company
hrassiere
D.
has
McConnell,
purchased
industry.—V.
184,
p.
2016.
International Committee of Bankers on Mexico
the amount of such distribution will be paid
Bank, successor fiscal agent of Mexico,
in
accordance with
the assignments provided for in Article EX of
said
Agreement; and distribution will not be made to the holders
of such assenting bonds.
Holders
of non-assenting bonds may
receive such distribution by
Agreement
dated
-
to
v
Feb.
The
with
20,
Chase
the
1946,
Manhattan
.
+v.a<t»
hnnHs
for
notation
of
RTir.h
navment
thereon
at
the
30
ings
principal office of The Hanover Bank, 70 Broadway, New York 15,
N. Y., accompanied by a letter of transmittal in form available upon
request at such office
and, in the case of foreign holders, accom¬
panied
ownership certificates
appropriate
by
162, p.
1001).—V.
Form
ment
(U.
S. Treasury
and
ments
corporation
April
26
pany
The
to
bv
proceeds
Net
will
of
tne
expected
v
The
A
debentures
of
Commission
and
will,
debentures
The
the
ask
spokesman said
company
,000,000
to
plans
corppany
trial
New
financing
new
bids
will
at
P,
Jersey
the
in
of
stock
common
be
and
and
to
$170,000,000
the
and
shares
$90,000,000
5,000,000
to
stock
shares.—V.
issue
182,
capital
its
The
$.,4,000,000
;
,
Value
The
of
Capital Fund of Canada, Ltd.
of
1957
shows
Net
assets
share
$32
or
share
a
share
a
April
March
1957
shares
equal
was
,'3,1,. 1956, ' and
$23.35* per share in-
Fund, 'and
the
1956
of
1956
sales,
from
March
on
to
$34.36
Increase
an
August
report.—V.
183,
31
Dec.
on
31,
47%
Net
to
the
total
a
of
G.
7%
in
the
1
the
the
'' '•
A.
C.J Allyn
New York
within
and
for
to
!
dealers
tor
.The
&
next
and
Co.
week
associates
have
stock
be
yet to
to' bn
expect
to
stock
as
common
10 days.
or
is
offer
Also
of
on
ents
rmre
of
"art
a
of
the
of
-The
Scott
Corp.—V.
185,
This
SEC
$70,009,000
15,
to
The
1991,
p
toward
expected
—V.
par
to
Co.,
at
of
$167,000,000
.
also
stock
on
mortgage
bonds,
series
which
These
large
1957,
the
shares
American
and
to
expected
are
borrowings
construction
to
COMPARATIVE
Period End. Mar. 31—
-
INCOME
$
Operating
expenses—.,
Net
Other
24,327,213
22,220,380
91,240,390
23,279,363
94,100,837
609,700
3,261,922
26,386,817
23,889,063
97,362,759
4,354,119
16,928,799
21,604,276
share——
per
185,
1639.
p.
.
19,534,944
10,113,000
80,433,960
10,113.000
9,013.000
$2.14
$2.17
$7.95
Brigadier
mittee
of
New
York
Water
Service
Corp.
lo
head
at
which the Committee seeks to elect
annual meeting., May 16, 1957.
Milton
the
real
executive,
and
Warren
Protective Committee,
seek
proxy
Tenney,
solicitatiops.
refuses
to
funds
make
an
created
of
property
monies
after
would
for
recent
government
distributed
had
to
condemnations
repeatedly
stated
stockholders.—V.
of
that
184,
p.
to
its
*uThure?,J?SCal Months Ended—
Shipbuilding
Hydraulic
Other
Total
and
turbines
work
r
contracts
conversions
(ti
and
billings
and
I
accessories
^
—
Estimated
at
the
balance
close
of
of
major
the
period
contracts
♦Equivalent number of employees,
basis,
'
working
during
the
last
a
week
V
on
will
the
company
reports
Income
vary
from
the
To,665
from
percentage-of-completion
therefore
' '
long-term shipbuilding contracts
basis; such income for anv Deriod
billings
the
co-f-ac's
~ontract
' i"
is
deemed
be
and
.7?
"
White
.'.-T?
,
of
The
net
Olin,- Chairman
of
the
announced
May 2
the
te^;
..
of
•
Mr.
flank
of
to
unit
drill
a
1956,
well
"
>
fil-d
•'
•
,
Fayette
31,- 1956
an
lease
(known
Field,
an
The
then
capable
aggregate
The
of
the
as
in
the
in
Grant
owned
as
Dome
as
No.
certain
cornoration
working
owns,,
interest
by
of
the
,.
June
1,
is
1956
in
located
Brazoria
County,
located
was
of
250
oil,
gas
60.48%
such
211.87
royaltv.
acres
acres
and
mineral
in
acquired
of .the
was
was
the
,n
.
.
overriding
The
m)ip<5
remaining
royalty and
Nort*11""-"lm
TOPst
"
'"-n
less
211.87
1/24
Grove
and
of
seven
beinpr
acres
8/8
mi)p«=
7/8
overriding
1*;
less
1/64
and
replenish
83
company
working
V
*
Paner
185
*
Cn
taxes
and
6,232.528
$0.36
•
provi«*ion
of
of. th®
.
caoital
and
$2.25
was
$15,600,000.
for
and
are
share
per
These
complete
to
$0.44
common
funds
the
are-
capital
i389
v'
'
Snh<s 1-—Fame
OUDS.j
*
taxes
Tnwer Rafp
at
JLarns. at Lower itate
1S57
"
1956
-
$1&,733,002 $15,4 8,9492,098,069
2,24 ,570i.:come_
on
1,137,603
'J
1,1-9,300
—;
t
$960,469
$1,049,270
share__—.—$1.00
$1.21
preference
,,
dividends,
'
.
.
,
,
,
,
p
Power & Llght
Co—Earnings—Financing—
°
—.
r
——
.Feb, 28, 57 Feb. 29/56
$18,839,657 $45,173,425
34,075,593 32,031,034
* ,'
-
-
—t
$14,764,064 $13,142,391
—
95,425
—.—:—
.-.
50,882
■
Gross
♦
T
income
• ■
.
.
—
other
and
.
■
.
(net)
.
_
deferred income taxes
accelerated amortization
from
3,999,941
'
—
.
in-
$11,012,159
—-—
Provision for
..
3,847,330
—T—
,
taxes deferred.
come
.
$14,857,489 $13,193,273
—__—
deductions
-?*et income, before provision for Federal
1
$9,193,332
resulting
.
'
.
,
_
„
.2,210,645
-,208,167
$8,801,514
.,
$6,985,165
647,053
—
,
.
Net income aiter provision for Federal income
taxes deferred
Preferred aivicend
requirement—
-
.
,
^'Balance
,
743,268
•
.
_______
.
..Before
provision
for deferred, taxes
:.___
.
$8,058,246
3,762,238
—___
Shares outstanding end of period
Earnings per share of commom stock—
•
7/8
Between
about
now
and
$30,000,000
the
end
of
additional
^cbristfuction pfbgifain forward
1957
capital
on
..
for
determined,
required
about
one-third
p.
1890.
the
*
of
balance
/
>J
the
will
company
the jjuppose
The type
funds
-
in September
or
need
be
.
to
raise
of
but it is
will
Octobe
$2.51
$1.86
of .carrying,, its
financing to
schedule.
that
mi'* """rr. and
3,411,664
$2.14
this
be undertaken has not definitely been
'.*
$6,308,112
$2.73
.
Aftei provision for deferred taxes
7/8
/n—
'
•
.
Income-—
on
'
Interest
interest..
of
'
$2 755 012
discount
w^re
d
'
.
(X,
Canadian
^
in,
aonroximatel" ' ^
west
,
'
3 046 000-
percentage of softwood and brings the company 3 forest res-rves in
Maine, New Brunswick and Nova Scotia to a total of 821,900 acres.Engineering wor. nas been complexd for the ma,or reb i ding of
one PaP?r machine at the Rumford,- Me^. plant for the purpose of
doubling its capacity and adding materially to
v riety of grades
a°d types of paper that it can produce. Reb 'ilaing: or the machine
ls scheduled for completion by year-end.
Construction of the new
water purification plant at Rum.ord is proceeding on sched le and
nevv facility is expected to be in operation by tne midale of the
current year.—V. 185, p. 1279. '
. ..
known
royalty.
Jacated
the
Net operating income.
Other income (net>__
.
Prospect
underwriting
xhe
to
<
on
working
'
*•
'
$2 350 377
.....
.
.
of March 29. 1957,
the -cprporation and the seller agreed that
corporation's interest in the 461.87 acres would be increased to
85.48%
of the working interest, • the working
interest in 250 pf such
acres
being -7/8 less 1/24 of 8/8 overriding royalty, and the workiug
the
—
'
9iU«i 5
}
}
'
comPany confummat/<i' theoPvJ"^ase • of
undivided interests averaging approxima.ely /0,c in 203,000 acres
of woodlands in Maine, for wnich an agreement had been sig ed^in
December of the previous year.
The new acreage contains a high
As
in
....
12 Months Ended—
Operating revenues
^—
Operating expenses and taxes-,.
Texas.
,
...
'
2 732 000
,
_
year, 303,003 additional siares of
the public at a price of $54.25 per s
nro-ram
1
States
'After
the
interest
to
-V
w
time
1/64
7io-
-
—
Countv, :
and
/
jQuarter Ended March 31—
.
at
less
uscd'
-
Fayette
working
7/8
7/8
,1953 ««pn?
this
Net-earnings -Q.—
*Earnir.gs
per
common
the
acquired
that
1957,,,
Jn
n
_
1L1
to
proceeds
acreage.
leases
Subs.)—-Earnings
share/7li..__-_-^___„
per
of
sqij
promptiy
total
United
'
pro-
present
thereafter to the
underwriting.•Theat
"HiiRnoonn
.
since '
a
,,
the-
w/h
to
and
ca.iacxan
an
on
as
above
corporation
located
corporation
the
on
13
Net s-'.es
Earnings before
five r.et
Lease")
:
..
lt
offered
>no
.
—
i^xrord raper LO.
.'
.
a
.
.
"
offered
Oxfnrrt
being
corporation
^
jncome
imDrovemerts
* \
drilling
to
/
be
'
March
•
wells
wells
operator/ completed
1
Prospect"
the
acres-
in
remaining
the-
6,531,158
!b in
"
-
the-"Morrison-Lease"),
Parish,. La.,
acquired on
Properties—The
Grove
461.87
working interest
interest
Texas
which
the
cf
of
ap oipted financial
ti e-niin^ncial and.
r.otUi"ation
Corp. •(&
-
FedwilVnd""c^di"
So*
were
were
and
R.' Gentry,
G.
*
'
income
;
proposes'
of
servicing
permit
"Munson
Columbia
Munson
Elm
Interest
the
as
corporation,
interest
the. "Northwest
as
Operating
Chairman
-tct
of
stock -to
income
On
Texas Properties—The cornoration owns 39.25% "
working interest being 69.88%
of 8/8, .
County,
and
Chairman
as
„
lette-
a
common
-
7
to purchase up to 9,600 shares
interest,
Lease
as
Nichols,
manage-
..
on;Av/s/i
stock
■'
exploratory
is
and
to
Properties—The
Morrison
the
known
-
_
oatPc
7Estimatcd
*
which
reworking
wells
West
Financial
serve
nam^d
was
Share3
interest,, the
the
at
'
Board, and Lomas S„
following changes in the
Nichols
company on April ly
6,000 shares of
Net
■
acquisition,
oil and
gas
:**<
.-
.
intends
working
(known
*
v
,
_
.»
•
tract
acre
Pn
corporation:
cotering
*-in
16^1^58, in
Houston 2,
the
in
corporation,
sand.
producing
the
fr
policy
-provision
;
.
prospective
interests
of
workover
and
acres
WpM
*~™». 7.®^ & OO.
:
on
/Son
.
Building,
primarily
operation
,
July
on
Esperson-
engaged
Louisiana
96
"•/..■
Corp.—Changes in Personnel
Owens-Corning Fibergias
advisable in the \
of directors.
_
organized
the
in
Tullos-Urania
working
Texas.
.
and
,
>
Tile
board
.
*'■•
the
*
/••'-*«
.
^ b^orV"prOTi7ion"fo7Fe"^^■
under oil and gas leases and rights to-acquire
the
following
described
properties '(subject' to
,*
lessors and overriding, royalty interests; if any,.:...
of
a
the
Sept. * 14,
Dec.
.
-
"13',527
Brothprc;
^
the
TT
,
general tunds of t re corpora-
may
was
producing
Brazoria County,
overriding
the
in
in
1.9
(3)
40-hour
of
8/8
the
ducar
unbilled
1-r1/ *r 4
The
the
as
Cavalier
Parish,
71% %>
V
5,051,285.
/*
,
,
-
a
On
383,909,565 200,205,562
on
to
director of Cavalier,
of
of
north
$
A
e'«54'Z44
n»
^
-
Oregon-Washington Telephone Co-Exchange Otfer._
vrpt.
.
.
and
and
c
^5,285,225
/
-
-
proceeds are to. be used for the purpose of-^4?nrer';ii»«--exchange
Turner from a mAnual service to a dial automatic exchange.
v
1957,
(
management
office
feet
leases
of
of
$24,159,162
25/57 Mar. 26/56
$
a
number
of
l'529'489
'7
,
payable ,to. The First
Approximately $70,000 will be used,
added
owners
feet.
acquisition
its
1 172 595
Mar.
a
3,500
gas
Grant
The
$39,312,224
i
As of—
at
wells
560 469
/
.X,,
..f '•••;• stockholders on the basis of preemptive rghts
Stock Offered-— f "public at pari($5 per share). There will be
—
"
excess
4,218 848
operations
t ehman
M.
of
SEC
?
interest of
Mari-26/56 '
oo'V-
o
.
"'"■■■
-
16, 1956 as of June 1, 1956.
The corporation is the operator of
property. /The corporation's interest is subject to a net profit
V3 of 25% of the working interest.
this
■
1915.
..Mar. 25/57
■/'.
4.
'■*
The Nyvatex Oil Corp. subscribed for 10,000 shares
price of $1 per share.
Cavalier presently owns a
interests
of
July
own
1 $24,433,310
$18,254,283
10,099,597
3 212 795
;
■
.
*'
?
share.
6,000
and
7/8
1
\ j-
'
repairs
/
individuals.
expected
of
(2)
Ship
the
undivided
the
Higher
/
capital
and
Newport News Shipbuilding & Dry Dock
Co.—Billings
and Contracts Unbilled Much
'
■■
policy of the corporation to acquire oil and gas
covering acreage - selected
by
its . management
shares
of
the
working
interests therein
to
those
2,628,945-
5,274,223
777^7 ~~T~~Z7TZ 77777,—
2,534,284
/-
•
■..//"
June
on
v"
-
April r27,
purposes
and
with
of
royalty
corporate
such
^ ^
2,791,093
23,194,715-
2,99.4,439
>,
See United Utilities, Inc. below.—v., 180, p,-165^.
•
:
;.•••
/'/;
V;■'•'•-•/.
Oxford County -Tetenlone & Te-Iegraph Co., Buckfield,.
Maine
Files With SEC
V:...7.
■.
/
"'4-
bank
•/', •"?»./..
bidding
-
fractional
depth
located
send
competitive
-
-
York.
corporation
interests
cent per
oil
board.
shortly
./ /? ;
/*'■
The corporation holds
;
1,317,979
,
operating
the
complete the Committee ticket which'
men
-
the
capital1
management
be
investor
1,477.047
5,523,588
was n med President of the
formerly Chairman of t ie Finance Com-
stock of Cavalier at $1 per share within nine months-from ■"
date of Incorporation
of Cavalier.
Cavalier acquired
16.66%
Of working interest, the working interest being 3/4, of the below mentioned Southwest
Arnini Prospect located in Gonzales County. Texas
simultaneously with the corporation's acquisition of its interest.
■*.
-
company board
Counsel
at
..
present
sell
♦
,,"7 ■"
_
24,. 24 362
Jt-
2,643,562
Board of Directors; Stanley4de J. Osborne
V._
the
principal
*
.
12 SiZl2 M°nths—1956
corporation. John W. Hanes,
mittee, who reached retirement age in April, was
."consultant to-the corporation, and a m°m:er. of
Toronto.
reduction of short-term
/■/•'•• ,;t:
corporation's
the President and
In its letter it will again charge that
management
immediate and cash distribution of excess
by
the
depth
slate
man
its
•
-
$36 152.627
\
2,932,128
~ ~~1 ~t~ ~
^xec,e-.p01"
together with
such
the
companies
a
.
General
proxy support to serve on the seven
Stockholders .Protective Committee will
The
to the
Schwavtz,
estate
Stockholder
will
three
a
due
will be
for
of
Cavalier
to
.
of candidates
used
*
_
John M.
becomes Chairman of the
Policy Commiutee and will also continue to
,
*
&
with
*"!.
!
'
■
—
12,888,?oo
—
.
b
John
of
,
'//
of New
/
.
.
President,
,
and
•
:
_
truck-mounted drilling
*
$7.98
General Ephraim F. Jeffe
(U.S.A.,' Ret.) veteran utility
long time Vice-President of Consolidated Edison Co. of
Inc., has been selected by the Stockholder Protective Com-
-
..
'
.
,
President
of
Co.
■
the
to
sold
,
note
.
Bank
instances
and
to
one
and
York,
Trust
.
107,500 shs.
$68,435
.
Earnin.es
Olin Mathieson Chemical
'
corporation on Feb. 13, 1957 organized in Texas a wholly-owned
subsidiary called Cavalier Drilling Co., Inc. The authorized capitalization of Cavalier consists of 100,000 shares of capital stock, par value
.
New
White,
$69,345
$19,2l6,dl0
____
taxes—
^01/
-,00
The
New York Water Service
Corp.—Stockholder Protec¬
tive Committee in
Proxy Fight—
:
executive
Is
drilled
'
;.
..
W.
revenues
exPenses
..
M
.
Ltd.
Co.
225,000 shs.
/;$uo.121/2 per Share, With a dealers concession Of 70 cents
•
per ^hare.
It was completed.—V. 185 p. 1518.
/
acreage in which they have interests.
As compensation for originating and supervising such operations, the corporation intends to retain
a
working interest in the oil and gas leases with the first well.'
71.959,221
9,013,000
-
4%%
contract
of
income
"
.
Bank
Trust
Outstanding
Ohio Oil Co.—-Special Offering—A special offering of
25,000 shares of common stock (no par) was made on
'
on
16,050,314
Average No. of shares—
Earnings
are
committee.
He fl o con^inu^s as a d'rectcr.
"
•./. 77/57.T^e Fira.ici ' -and OperaH<ig Policy c.ommitec v*i.l be com; o ed of'
—
Registers With . Messrs. olin, Nichols. Osborne, and Hanes.—V. 1£5, p7-1890;.-H",...*
be
The
leases
i 88,009,535
"4,782,541
!
;
corporation
exploration,
development
properties and- interests.
2,297,474
income.,.
F
'v/
..
B
ff°„ ,erl
—
.....
Arthur
Sterling
♦_
Blauner
with
lexas
85,712,061
806,774
Interest deductions.—
Net
Texas,
83.687,025
25,580,043
Total
'
associated
and
to
taxes,
'
and
Mines
Rim
7.
applied
-,T7C.TATT,__.
71,418,000
income
be
other
income
(net)—__
Savings
Nickel
Co
v. 185, p. 1518.
./
'
Limited.
was
of
_
BUSINESS—The
529,947,091
operating
J1
there
r=-;
Teleohone
income
/*
.
'
:
V"P-j
•
s fncome
yNet after ehajges_u.„__
annually.
Power Co. (Wis.)
Exchange Commission-
...
certain
770,764,177
operating
Other
Rim board
to
...
^
in Western
7/
•'
7 ' Three Months Ended March 31*
835,446,468
79,718,000
«,
<■
and
112,500shs.
♦
.
July
-
It
570,387,241
'
ment
Traders
Nyvatex Oili Corp.',-Houston, Tex.
and
19,567,000
Mines
of
&
- v
Other operating-taxes^.--
25-cycle
new
Tltehnld
Western
of
director
a-
.
remaining proceeds
$
21,481,000
Federal
$5,750,000
Pnnnda
Bell
Operating
,
p." 1020.
discretion
Income
Is
.
End-Fetl* 28
Pen,.
'
affect
1 or onto, V/anaaa—UieDOlaana
director
a
expected
,
tion
-
' '
I
"
.
f has been
feet
;
annual
by Niagara
service which
This
cent)
one
'
funds supplied by persops- whp may
corporation, for drilling;, and aeveioprpeiit
th'e'■'torporation's Brazoria County fTexas), Grant Parish (La.),
Fayette County (Texas) and Gonzales County (Texas) properties and
otx.er properties in which
the corporation may acquire interests.
The
necessary
1 $
2,320
.
,
p.' 1156. '.
'
today
25-cycle
185,
Ohio
.
of
1957—12 Mos.—1956
'
will
.-'7;
Manufacturers
Nickel
and
•
Tnrnntn
Dickenson
New
.
in
aggr gate
on
Federal-taxes
—V.
$•
'
•
213,379,904 200,243,176
,141,991,648 135,176,433
revenues
Operating.
1
■
184
not
STATEMENT
1957—3 Mos.—1956
wn
o
1,887,500 shs. V
(par
notes'dated
customers
annually/v
estimated
28, .1956.
,
elected
of
would be
is
outstanding
The company plans to advertise for bids on, the bonds
May 13, open
them on
May 21, and have the successful bidder or bidders offer
them to the public on May 22." The entire
plan would be consummated
on
May 29. Sale of the stock to A.T.&T. will be completed by July 1.
.
farm
service
an
filed
for
construction expenses,"
issue
National City
Its
been
have
expenditures.-
f
.
(par one cent>_
bearing
A;//Ir; ■/'.
•
,
Are
of
on
be
,
less
or
h
/'
of
a
»h% ^tUprhn*e?' applied tPlUtl the lnterfestf due
$80m°3,0 to the payment of an
from Dec.
27, 1956 will be
Telephone &
the proceeds
use
to
——
thereon
due
J,
♦
is
to
3ES S°uth?'est
2^
i I
depth
•
v
Co., Inc., New York;..on April 22
offered publicly 225,000 shares Of capital stock (par one
cent) at $1 per share as a speculation.
the
proceeds
1,400,000
parent,
28,
banks/
time.
company's
time
sell
to
Its
to
June
the
at
expects
par
from
that
the
at
about
or
borrowings
repay
$140,000,000
because
refunding
in
States
Milton D.
public sale at competitive bidding.
apply,the.: net proceeds'from the sale of the
repayment, of borrowings.;f;rom banks,
which are
company
common
Telegraph
i
the
TheT
of
and
$3,786,000
approximately
1125
'
proceeds
—
; "
-
with
statement
Niagara
•
service
President
Jr.,
been
to the
-u
/'•///'//:'
registration
a
more
Authorized
-Non-int*rest
' " 15, 1956
on May 2 filed a l^gistracion statement with t*e S^C
proposed issue of $10,000,000 first mortgage bonds due
1S87.
,/>
*♦'.
and
The
offered for
to., aggregate
received.
$100
be
26. filed
^
/Capital stock
.
a
1,
loans
will
company
bonds
.
April
on
covering
May
r
company
of
block
New York Telephone Co.—Registers With SEC—
,
-
1639.
p.
acres,
^ «'!, f
i ?n
rSmnni^rii 7ft
'J fi
on one of the blocks
/ Restricted capital stock
will
-
company
The
for which a registration statement filed with the Securities
Exchange commission has become effective. It-is owned by Merritt-
&
has
Dickenson
184
June
common
end
Chapman
a
It
are
ln
l ^
oGonz*Ies Co""PctiO.eum Corp,
The
r™
>.-.
indus>
availability of low-cost hydro
taken by these industries before
of power
MinpcTtrl
director
a
Northern
.
i
feet.
„„
..
reduced
lviines
Securities and
concession
211.254-share
a
nn
Com-
schedules
•.
1
of
shares
S.
increase
industrial
Dec.
on
represents
Diebold,
Y.,
named
New
V
/'.V/
determined.
offered
r92,000
of
schedule
new
of
secondary distribution
a
R.
N.
also
Vice-President
..
The offering price and the
would
result
60-cycle
a
-
Rim
Charles
Shipbuilding Corp.—Secondary Planned—
Shipbuilding Corp.
the
P.
new
residential
increase
System
the basis
increase
1047.
P.
covering
New York
2,072
Pmnorul
nvvac
an
milled
-
because
•
He
•
,
of
inU^
«4uthSSS? LnL
7SS from Crown Central
®J« ?
a farm-OUt
tie
Texas
60-cycle service by approximately //—V.
v
913,000
Commission
On
energy.
7,
185,
over
worth
rnnntv
annrnvitnoteiv
;
.
annually.
rates
new
sales of
pf
schedules
increased
Buffalo,
a
E'rpf, President of the
York Capital Manage¬
to ti.e Fund, state In
of New
adviser
1757.
p.
value'
of
net
starting
depth
a
;/ r>0 producing wells on either of the two blocks. The corporation is not
\tlle °Perat-or of- this prospect.
* "
' f„•/eleccrlc
VCAPITALIZATION GIVING EFFECT TO PRFSTYT FINANCING
' :
York
New
System,.-the
$8,600,000
the
estimated
an
addition
in
with
\Tipkpl
$30.68
or
assjet
increase
an
over
Armand
1954,
$28,485,704
1956.
shaie,
a
of
and
////V
,
the
..
Niagara Mohawk System, the adjustment in residential
in
rate
are
June
31
March
to $32.90
v
to
corner
lexas on
corporation's interest in tile aggregate 235
York.and
electric
March
equal
tv
.
are
■
$4,812,000.
new
tomers
Net Asset
value as of
31, 1956.
Oonraipc
Knovnas
,
represents an increase of approximately $1,327,000 a
filing is pending before the Commission.
In
addition, 25 large industrial customers at Niagara Falls will be
served
under? the new schedule at-rates
which have been effective
under an existing schedule since June 7,
1956, when the Schoellkopf
hydro electric plant was destroyed. Costs to these Niagara Falls cus-
for the first quarter
$27,950,827,
Henry C. Brunle, Chairman
of Canada, Ltd., Investment
po.
asset
and
totaled
northeast
FebrUa?y 195?
1957.-
in
with
Mohawk
increase
Whlte Named to Board—
share
per
31,
1957
871,312 shares
Dec.
ment
31,
14.
,
year/This
outstanding shares. These compared with $27,879,299
on
928,360
on
24,
in
of Dec.
that
on
849,602
on
increase
an
compared with
'
the
on
treasury and
schedule applies to 525 industrial and commercial customers
New
,,r.
report of this investment company
company's
will
adjust rates* for 60-cycle
1,037,000 residential, commercial and
'.V
apply
filed
was
Higher in First Quarter—
interim
terms
which
Niagara
customers
—V.
—
.
filed
25
.
New York
the
adjusted rates for commercial and
The
from
stock
nnderwritins-
'■■■•''i'y"
result
Mohawk
2792.
p.
reimburse
V
April
on
revenues
will
124,000
Co.,
4,100,000
Co.,
-
estimated
basis
will
and
11.
Sept.
to
annually.
rates
as
The stock will be sold to the American Telephone &
the parent, as the need for new funds develops.
The" $30,000,000 new debentures would increase the company's debt
on
Telpgraph
statement with the
Tne coman underInc./ about May 22.
underwriting terms ate
about
company's
For the entire
$100).
if the
opened
(par
competitive, bidding,
called for on Sept. 3
&
and
nrire
_
entire
an
the
5V4%
$30,-
of
the
Mohawk's
Commission
will consist
require
customers.
On
,
:/;///,/
U.
used
Schedules
new
to
For
result
Co.r—Plans. Financing-^
$90,000,000
offered
be
approves,
the
prospect,
,
mission
for
authority to raise $120,000,000 in new capital to help pay part of the
cost ,of its 1957-56 expansion program totaling about $200,000,000/.-
*:
tp
corporation
increase
New Jersey Bell Telephone
be
,
This
S.
Curtis, and F.
are acting
Ripley
nfferin?
Seeks Higher Rates
Exchange Offer
offered 819,000 shares of
its common stock (par $1) in exchange for the outstand¬
ing capital stock of Lynn Gas & Electric Co. on the basis
of two NEES shares for each Lynn share for a 30-day
&
Harriman
amendmem
Monday, May 6, 1957
...
drlue<f^eafee that tae pr0p05ed two exploratory wells
part its construction'program.
Tne construction program
company and its subsidiaries required $66,952,000 in 1956 and
1
New England Electric System—Makes
Jackson
registration
a
finance in
is
•—This corporation on April 27
Moseley & Co., both of Boston,:; Mass.,
dealer-managers.—V. 185, p. 1995.
'
-
by
nuhlie
rate
suSd
filed
its $100 par preferred stock.
stock for public sale through
this
offer
headed
group
dividend
be
to
to
proposes
writing
on
Chronicle
of FJatonia -in Fayette County. The 461.87 acres 4n the
Prospect Is a
solid block and is located northwest of the Elm Grove Oil Field. -'
nas been one dry hole drilled on the acreage included in
thjs
•••
of
service
'
to possible adjust.provisions.—V. 185,
contractual
4
covering 200,000 shares
SEC
earnings in the first quarter of 1957 were lower
period a year earlier, the outlook for the year
1957 still appears to show a level at least equal to 1956, Eugene R.
Perrv, President, declared on April 26.
Results for latest March quarter showed net sales of $5,214,849 on
■which the company earned $203,505, or 35 cents per share. For the
first quarter of 1956, the company had sales of $5,507,287 and net
earnings of $267,519, or 46 cents per share. For the full "year 1956,
the company reported sales ot
$21,348,461, second largest volume in
history, and net income of $1,190,786, or $2.05 per share.—V. 185,
p.' 1517.: .;/• , /:::■■ ■
:V1 "v'f
Webber,
subject
are
and
>
■f
Although sales and
than the comparable
Paine,
balances
statutory
Niagara Mohawk Power Corp.—Registers With SEC—
~
.
unbilled
from
-
t
Depart¬
1287.
National Vulcanized Fibre Co.—Outlook Good—
perjod.,
estimated
resulting
614.
p.
This
-
Commercial and Financial
The
(2102)
anticipated
raised
See
also
around
V.
185,
Number 5635
Volume 185
Paramount Pictures
The
of
corporation
Dot
is
before
taxes
gross in the fiscal year ended April 30, 1957.
Mr. Balaban said Randy Wood had been elected
and
Dot,
which
into
the
would
has
continue
mostly single
made
album
President
as
of
records,
field next month.—V.
185,
J
Taxes
V
;
Net
diversifying
oegin
buildings of
and
be
30 new
located
Mr.
in
different
19
States
feet of
expansion
the
the
new
of
a
States..—V.
185,
-
/*-;V
'
.<•
other
where
See
Pennsylvania Salt Manufacturing Co. below.
small
a
to
applied to the
company, has
allow
it
sell
to
$5,490,000
trust
April:
24,
changing
1957,
its
Pennsalt
to
name
Tr
•.
.•
'
the
on
has
West
new
has
company
in
Great
to
addition
.The
Britain
in
Santa
coating
operations
in %
establishment
building
new
begin
more
as
soon
President,
to eliminate
and
in
increase
an
of
ment
stock
common
from
pre-emptive rights.
provide
to
following
the
offer
will
be
annual
of-
stock
will
made
discount
■
directors
first
below
It. Is
the
to
$50,000,000,
and
for
stock
a
amend¬
an
purchase plan for
.employees, :"
" *'
•"
.: '•V'
RESULTS FOR QUARTER ENDED MARCH 31
to
Pennsalt
"
1957
1956
$19,111,000
filed
with
the
SEC
996,700
1,839,800
944,600
$1,035,500
$895,200
1;
Taxes
the
of
market-, price
in
of
of
first
of
shares, outstanding-—-;—_-_
an
of
Earned
—V.
share.
per
\
one
■;
Peoples Gats Light & Coke Co.—Secondary Offering—
It
share.
<•
with a dealer's concession of 75 cents
completed.—V. 185, p. 1891.
2,398,000
_____
to
from
to
the
repay
1
earnings
Preferred
share
in
in
Balance
for
shares___
common
shares outstanding at
Earnings
per
.____
March 31-
$1.17%
in
1956
' $1,013,250
3,828,663
vdiidentl
current
annually.
First
mortgage
series,
share-—
common
$1,423,250
3,772,229
$0.38
$0.26
3'/2%
vailed in the
.
durable
consumer
Notes
'
;
Net
Federal
;
taxes
p.
stock
1518.
•"
,
: Gross
income
•.
,
1957
income
-
.
and
exps.,
taxes),
and
(other
interest
than
taxes
To
\
141,803,212
—.—:
gen.
258,878,079
petroleum products, and
merchandise
Oper.
'•
117,683,880
for Federal income
Net
84,213,205
75,194,693
28,470,654
25,252,263
13,237,100
12,416,000
terms
1,
28,379,430
i
4Vi %
E.
*$0.83
7.
-
of
$86,000,000.
and
company
a.
convertible subordinated
through the exercise
on
applied in
were
Feb.
part
These
the
25.
to
debentures
due
date
of
current
consisted
of
without
all
bank
the
loan
premium
bank
of
debt
Phillips
of
bank
of
the
Offshore
wholly-owned subsidiary. The remaining proceeds were
Pittsburgh Rys.
185, p.
Standard
Shares,
1640.
Co.—Stock
Inc.
loans
parent
Oil
added to
Co.,
the
their respective
M.
to purchase
165,
p.
Robert
W.
.
own
The
Baird & Co.,
on
April 29 announced his resignation
Macon Smith
corporate .finance;
and
implement
the
The
as
firm
&
will
Co.,
work
diversification
and
will specialize: in
with
the
field of
management to organize
acquisition
programs
of
cor-
It -wilj arrange corporate loans by private
placement, serve
consultants for investment
and as
portfolios. Offices will be opened in Memphis
| and New York hi the. immediate future.
,
"
*
Smith
-years
to
and
••
Co.
&
Deed
•
<•.
.
Co
$1,611,068
503,387
,
•
-
-
468,253
•
-
-23,500
47,000
287,000
535,000
i, $369,947
$525,681
$0.64
.
.' ■*■
183,
p.
,
-$0.45
?.
—
.
2227,
SEC
filed a registration statement with the SEC on
covering 226,333 shares of its 25c par class A common
stock.
The company proposes to offer 186,333 of the class A shares
■; for
subscription by holders of outstanding class A common and common
stock at the rate of one new share of class A stock for each three
■shares of class A common or common stock held.
The "record date,
subscription price and underwriting
terms are to be supplied by
amendment,
Kuhn, Loeb &, Co. and Johnson, Lane, Space & Co., Inc.,
are listed as the principal underwriters.
The 40,000 remaining shares of class A common are to be sold to the
underwriters by
certain present holders • (selling, stockholders); and
the company will receive no part of the proceeds of the sale of such
shares.
In addition, the underwriters will purchase from- certain prin¬
corporation
This
of
including the selling -stockholders, theic. rights to
and- the underwriters have
such rights and to offer the resulting 129,733
shares of additional class A common to the public at the initial offer¬
ing price.. Thus, an aggregate of-169,733 shares will be offered to the
general public at the time of the commencement of the offering to
Inc
subscribe for the additional class A common;
McAndrew
The company
becoming associated with Plough,
Inc., .Sept.
1, 1955,
Mr.
dirsL-served^fts.^Trust Officer of the Bank of America for five
foilpwing Werld War.II and spent an additional five years repre¬
senting the-investment banking firm, A. G. Becker & Co.,.
'tered representative:—V. 185,
p.
1891.'
"
a§
a
regis-
Inc
Co.
ife
Merrill
Revel Miller &
ncr
up
1,000
2,500
1,500
The
Camp & Co
1,500
Pacific Coast Securities Co.
Campbell & Robbins Inc.—
Central Republic Co. (Inc.)
2,000
Pacific
3,000
Paine, Rice & Company
Paine, Webber, Jackson
H. M.
Clark
W.
West
&
2,000
2,000
Company
—1-;
2,000
23,00014,000
The First Boston Corp.^___
First California Company—
Cleveland
First
Maxfield H. Friedman
—
.
2,000
2,500
P.
&
Harper
Company
Hawkins &
Waldo
&
Son
_2,00Q
Hemphill & Co
7 Hess & McFaul—-Hill Richards & Co.
Hooker &
.June
—V.
S.
Fay
Jone.s
185,
p.
&
'——
Co
&
Co
1891.
&
Co
& Co.—
Sloan
1,000
-1,000
2.000
3,500
i—-1,000
3,000
1957
income
etc
taxes,
—
-—
interests—
minority
applicable to
1956
—$30,042,718 $35,466,879
,
3,205,775
7,451,765
:—1,205,000
3,612,000
-
before
Income
—
-
Stewart,
Ac
Net
" •'
1,500
Eubanks,
Co
shares
Earnings
per
5,000
24,616
155,715
In
V.
1,000
Wagenseller &; Durst, Inc._
3,500
Walston As Co., Inc
14,000
L. J. Werschkul A: Sons
1,500
.Wulff, JHaasea-Ac
4,000
p.
used
be
1390.
.
in
,
the
current'
•
7
construction
>
per
Lower Rate—
»
*•
$0;44
$456180,555
$686,502 .-1^87,817
'• $496,533
share
program.—
1957—3 Months—1966 1957r-9-Months—1956
$15,920,310, $16,881^77 -$43^82.107-
income
Earnings
1,841,190
5,264,668
,
Reeves Brothers, Inc.—Sales at
Net
5,509,093
$0,36$0.55
the company took -down the remaining $5,000;000 Of
loan for which > arrangements were made in
1955.
Net .sales.-
1,000
Zilka, Smithers Ac Co., Inc.
185,
-
^
share
Period End. Mar.'31—
'
Co.—_—_ 2,500
York & Co—
March 1957
.$1,976,159 ' $3,684,050
stocks-—;—jli928,183'
common
outstanding
common
the-$100,000,000
These
funds
will
1,500
Wilson, Johnson Ac Higgins; 3,000
Dean Witter Ac Co
23,000-"'
.
Common
;
Meyer——
income
Cash dividends on
•
4.000
Leydecker As
co.;
son
sales
Taxes on income
4,000
Agnew As Co,1—j.
C.
Stephenson,
Talbot—
Hannaford
Shuman,
William R. Staats & Co
Handel, Lundborg &; Co
Wm.
Schwabacher
2,500
1,500
Profit
1,500
Balfour
Donald
3,000
Hoppe Stewart A:
3,000
Corp._
Marshall—
&
r
notes,
Rayonier Inc. (& Subs.)—Sales & Earnings Lower—
Net
1,000
Inc.
son,
Russell
Notes Placed
—
Three Months Ended March 31—
2,000
Reynolds & Co., Inc.—;
1
Richards, Merrill & Peter
1,500
2
___—
Co
&
Reeves
(WBRC, Inc.)
Cincinnati, Inc.
Inc., Cincinnati, O., $5,500,000 of 5-year 5%
1,000
Daniel
shares.
1,000
___.
Co.
3,500
Ferris
Foster
1,000
4,000
George Patten Investment
Corp.
such
Privately—This corporation, it was announced on April
29, has placed privately, through R. C. Crisler & Co.,
&
—
Shaw 8,000
Radio
1,500
14,000
Pasadena
4,000
The
Co
2,000
Collins & Co
Co
Company
Northwest
2,000
& Co
3,000
<fc
Ohio
Curtis
1,000
Skaggs & Co.__.
Dempsey-Tegeler & Co
<fe
and Mr. Shaw 44,003 and 14,667 shares. Mr.
shares to the underwriters and
Subscription rights are to be sold to the
underwriters as follows: Mr. Denius( 207,870; Grace E. Denius, 80,000;
Mr. Shaw, 58,670; and John W. Boone, trustee under trusts established
by Messrs. Denius and Shaw for their children, 42,660.
Three rights
are required
to subscribe for one share of additional class A stock.—
V. 185, p. 1996.
15,000
3,000
Inc
Denius is listed as the owner
60,000 and 20,000 shares;
Mr.
-
Murphey Favre,
and production of ad¬
development,
design,
Denius has agreed to sell 32,000 class A
3,500
3,000
Inc.
Byllesby & Co. (Inc.)
the
164,003 shares (54.7% ) of the outstanding common stock and 43,867
shares (17.3%) of the outstanding class A common; Grace E. Denius
of
Lynch, Pierce, Fen-
ton
2,000
—
Slocumb & Co.
business is
vanced electronic equipment and systems.
3,500
Co
to $400,000 may be expended for additional facilities.
'\
organized in 1950 by Homer R. Denius and George
directors and President and Vice-President, respectively.
Its
Shaw,
principal
Share*
Mitchum, Jones & Temple-
Blankenship, Gould &
Blakely, Inc.
account
The company was
3,000
& Beane—
expects to utilize the net proceeds ojf the stack offering
as follows:
$150,000 for retirement; of a> k>an from an
the. company; $950,000 to'reduce• current bank borrowings;
and the balance to provide additional working capital. Of such balance,
its
'officer of
3,000
McDonald & Co
3,000
Brush,
Co
all
exercise
stockholders.
for
3,000
3,500
Co
Inc.
&
to
agreed
2,000
Lundborg
stockholders,
cipal
t
4,0C0
Brothers
2,500
Davis,
Vice-President
| as consultants to corporations in arranging public financing,
Prior
7,412
: $1,148,700
tax
Net profit
Earnings per sharc__—
severally, have
shares set forth
&
Mason
Daugherty, Butchart &
>
'
porations.
below,
Ryons
Locwi
Bingham, Walter & Hurry,
Fewel
firm,
■
——
4
r-
authorized.
so
named
the number of
Irving
,
Crowcll, Weedon & Co
■
firm.
new
Mortgage
'..
1,000
ii
Inc
William J.
1640.
.
Charge of Finance of Plough, Inc., effective May 1, 1957. to organize
his
of
Lester,
2,000
Francis I. duPont & Co
.
\
S.
2,000
i
Co
Whiteside,
Winslow, Inc.
Plough, Inc.—Macon Smith Forms Own Firm—
Macon Smith
„L_w
income tax;
State
names:
Co._.
Adams
Cole, Inc.
„r
,
.
45,000
Chace,
..
Sold—
below.—V.
"
in
500,000
N0110
Indenture
underwriters
commitment
firm
a
&
E.
,
16,000,000
10,000,000
3'/s%
Bateman, Eichler
stockholder rights at the close
proceeds from sale of the debentures
Net
company's general funds.—V.
See
12,000,000
3,300,000 shs.
issue of preferred stock has been
no
Bailey
98.1%
1987,
of
prepayment
$11,000,000
*lf '*
-98,773
April 25,• 1957,
supplemented.
sinking fund requirement,
Atkinson & Company_
*34,301,886
$0.63
Adjusted for 1956 stock split,
was subscribed
of the offering
" *
,
as
Blyth & Co., Inc
28,332,238
34,347,135
^—
,Of the company's recently authorized issue of $171,720,200 principal
of
$1,519,338
84,318
interest," etc.-(net)—
Depreciation and depletion
>
...
profit
amount
the
of
1945,
follows:
as
opposite
,
*
'
'57 $$20,000,000
Shares
;
Shares outstanding at end of period
Net profit per share.
''
1,679,7^5
$999,243
—
50,683
Total
1,
made
—
taxes—
.
:
■'
None
UNDERWRITERS—The
Ped.
and retirements—I——.
deprec.,
Frov.
—x,———
income from rents,
Other
—V.
5,000,000 shs,
Depletion of leaseholds and development costs,
j
1,711,217
Operating income
Radiation, Inc., Melbourne, Fla.—Registers With
V
-
10,903,109
-
.
•
296,103,601
—.—
Purchases of Crude oil,
1956
*
113230,679
is
payable within 12
series (less $94,000 reacquired prior to
series $200,000.
to above have been made pursuant to
a
credit agreement with various banks dated Sept. 17, 1956,
which
provides for bank loans up to a maximum aggregate of $20,000,000.
A commitment fee
of
% of 1%
per
annum is paid on the unused
portion of the $20,000,000 credit. It is' contemplated that the unpaid
balance, if any, of these notes at June 30, 1957, will bo extended,
renewed or otherwise repaid by additional bank financing.
' V ■
SThe company's articles of incorporation provide for preferred stock
if authorized by approval of a majority of the common stockholders.
195(5
.
^
■
.
-
—
stock
4,000,000
'
1957
Outstanding
1987_a.|~---_—-1?
due June 30;
Subs.)—Earn. Off
31—T
$13,941,139 $14,102,192
1957) $246,000;. 3>/2%
tThe notes payable referred
,'
"
•
Earnings
with $1.67
49,600,000
.
-
Quarter Ended March
,
.
—
July
tExclusive
(& Subs.)—Earnings Higher—
Quarter Ehde4 March 31—
.
the
FINANCING
1977__r__
(par $7.50)
the
to
dated
March
2,530,436
$0.79
j $0.80
Phillips Petroleum Co.
i'
and
common
c
PRESENT
3 977—
due
months,
-5,273,436
2,556,860
income
185,
$34,800,000.—V.
at
price
sched¬
$$33,320,000
due .1986
sale of the additional common stock are to be
new construction in 1957.
Property, additions
- the
years
1957 through 1960 are estimated
180, p. 2740.
'
:
^ :
•*>
'
proceeds of the
1958.
1955.
'
payable, 4%,
Trust
5,324,260
?
Earnings per common share
—V.
Net
'Unlimited
series,
:
SPreferred
1957
V 1956
$80,189,588 $72,218,615
.
!
1__
before
holders of. its outstanding
"
Quarter Ended March 31—
Income
TO
due
Common stock
'
sales
EFFECT
1975—
series, due
due 19844
♦Subject
; Net
in
the*
an
r
series;
Philip Morris Inc.—Sales and Earnings Increase—
i-
rate
/
series,
3?s %
latter part
goods industries during the
and
compared
due
second
4'/4%
of 1956."—V. 185, p. 1157.
.
stock
1957
$1.73,
bonds:
series,
3(2%
*
first
the
in
$5,022,000
to
with the
on ,April 25 filed a registration statement
181,997 shares of its $5 par common stock. .
company
applied to" the costs of
and
improvements for
amount
a
Registers With
—
Quaker State Oil Refining Corp. (&
Authorized
93,750
on April 29 said: "Although sales
quarter were higher than for the same period of 1956,
earnings were affected by a continuation c-f the conditions which prein
from
1956
first
underwriting.
_
common
program
amounted
from it- of $30,000,000
also V. 185,. p: 1996;-
'
the
$1,517,000
93,750
James M. Skinner, Jr., President,
j
of
May 20—" ■
The com¬
common the right
to
additional shares of .stock at the rate of one
new
share
for each
10 shares held.,5-The record- date,
subscription
price and-underwriting terms are
to be supplied :by-- amendment.
Allen & Co. is listed as the principal underwriter.
The remaining
15,000
shares arc .to
be , offered to company •:employees,
without
1955.
3%%
Common
sale
at $1:2(^.- pe^ share.
and Board* Chairman..
the company at the-Guaranty ^Trust Co.
St:,—New York, N. Y.;v. up-, to d 1:30 a.m.
Service Co. of New Mexico
Federal income
DIVIDEND—The
1,668,000
$1,107,000
requirements—___________■
dividend,
Nassau
35
proposes to offer
Subscribe for 166,997
1956, total operating
revenues
amounted
to
with $31,872,000 in 1955; ne t income showed
CAPITALIZATION GIVING
Net
by
20 for the
purchase
bonds due May 1, 1987:
See
covering
SEC
an
the construction
$5,192,000
share
common
per
3,185,000
,
1,291,000
used
compared
increase
per
$99,090,000 $92,476,000
Earnipgs before taxes
.t
„Federal and State income taxes——
•
•
1956
1957
<
_L_
Sales
.
"
-
proceeds
be
$34,510,000,
an
Philco Corp.—Sales Higher—Net Profit Declines—
Quarter Ended March 31—
principal
-
EARNINGS—During
was
;
;
This
..
BUSINESS—Company supplies electric service to approximately 238,000 customers in an area of 2,700 square
miles, embracing about onehalf of th? population of the State of Oregon.
*
$48.75 per share,
$10,000,000
1957.
required to complete
A
per
net
will
sale
President
Securities and Exchange Commission—
.
equivalent amount of notes payable,
representing loans obtained for temporary financing of the company's
construction program.
In addition, approximately $43,000,000 will be
"
*
June
The
'
secondary offering of 57,200 shares of capital stock
(par $25) was made on May 2 by Blyth & Co., Inc. at
of
mortgage bonds, 4%% series, due June 1, 1987, at.
plus accrued interest.
Delivery of these bonds is
for
bonds
$0.72
$0.81-
:
..
185, p. 980.
investors
99.60%
uled
1,242,795
1,278,493
.
institutional
of
group
public
as
on'..May
-
Public
■
basis
PROCEEDS—Net proceeds will be added to the general funds of the
which has completed arrangements for the private placement
;to a
for
listed
May.
at
company
the
on
(EDT)
mortgage
company
-
Net profit
No.-
is
received
be
York,
New
of
for
expected
of such
late
will
Bids
be
Portland General Electric Co.—Stock Offering — An
; underwriting group headed by Blyth & Co., Inc. on April
30 offered publicly 300,000 shares of common stock
(par
$7.50 at $25 per share. 7
I
'
Earnings before taxes
offered
be
Columbia
1585.'
p.
pany
$17,256,000
2,032,200
Sales
184,
Public Service Co. of Colorado—Bids
V
to
offer
an
presently
issue
proposed
to-stockholders
the
*.
stockholders
of
contemplates
stock.
covering
be
of
Todd
O.
Sell Stock—
meeting
common
statement
stock,. to
common
shares,
2.000,000
In addition, sliareowners approved
indebtedness
authorized
by-laws
1.500.000
with
ment
J.
April '19 said in part:
on
newly organized investment"'c°mp®uy filed a reglstratipn state- *
the SEC on April 30, 1957, ' covering 209,61# shares oj! its
This
,
leased."
have
we
lumbia, S. C.—Registers With SEC—
Calif.
Ana,
process
will
approving
authorized
,
,
.
increase
per
Jf Prudential Investment Corp. of South Carolina, Co¬
of
V'.
common
appropriate
.
nine months
the
share on the average number of. common shares outstanding
during the period.
The
consolidated
net
profit for the same period last year was
$47,452,816 or $2.44 per common share adjusted fqr the two-for-one
stock split which was effective June 1, 1956.
In the current period, provision has been made for United States and
foreign income taxes of $51,455,000.—V. 185, p. 723.
'
•
additional share for
each
the change in the official name of the
five, shares held on a designated record
with. oversubscription
company, the-share©wners on April 24-yoted to amend the company's ;', .date
privileges.
The sale of any unsubscribed
shares will be underwritten." / See also V. 185, p. 1996.
articles of
incorporation
to broaden
its statement
of purpose,
to ,
In
■
;
...
Co.—Reports Increased Earnings—
April 26 reported consolidated net profit of $51,520,ended March 31, 1957. This profit is equal to
The company on
European countries
because of exchange re¬
development is the
Coast,
been 'installed
registration
a
their
;
833 for
$2.63
wholly-owned subsidiary
a
difficult
been
new
May 20, .the board
additional .shares- of
of
that
financing
in
& Gamble
Procter
continental
1891.
p.
additional
Chemicals
►
■
on
sale
has filed an amendment to its articles of incorporation,
Corp
available
185,
hold
•
them
assisting
in
1996.
on
1987.
Net proceeds
construction and in
subsidiaries for tne purpose
construction programs.—V. 185,
investments
-
"Immediately
Pennsylvania Salt Manufacturing Co.—Name Changed
effective
"Another
in
as
Portland Gas & Coke Co.—To
■'
company
heretofore
Charles H. Gueffroy,
•
185.
■
The
have
additional
make
to
>
well
as
used
be
in
shares
of Polypenco Ltd. This
Polymer's products available
areas
1, has received SEC
bidding $14,000,000 of
and collateral trust bonds, due
in part to finance the company's
p.
first
announced
President,
it was announced on May
issue and sell at competitive
to
of
the
$1,059,211
company,
mortgage
—V.
J.
-.yr
for
of
name
added,
equipment
—V.
certificates.—V.
1791.
I).
as
Commerce .Commission
Interstate
equipment
Stott,
manufacturing operation by Polymer
primarily to make the 'WHIRLCLAD'
readily
.
!
Pennsylvania RR.—To Sell Equipments—
This
'
•
sales
amounted
common
make
sterling
Stott
,
'{
$■;
L.
Record—
a
$1,388,621
Penn
office of West
the
at
first
part
over
May 8—
company
authorization
to $165,909, equal to 28 cents
outstanding, against net income
14 cents per share, in the three months ended March 31,
to
sales
Mr.
Formed
Pennsalt Chemical Corp.—New Name—■/■
of
31.1%
Louis
taxes,
strictions.
*!■...;
of
■
after
sales
net
gain
1956,
5/7,125
on
formed
and
*
.v.
.
record
a
of
England under the
been
1,700 department stores throughout the
1891.
p.
location.
new
$0.22
corP°ra('5on has recently established
/
In
the company has opened 13
reopened next year in
$0.71
$80,457, or
1956, Mr. Stott said.
feet.
square
had
1957,
quarter
of
of the
footage
square
of
income,
share
per
shopping centers.
would add a total of about
Average
area.
$0 90
29.
Net
v
All
Columbia.
initial
April
other stores
53
in suburban
gross
The company operates nearly
United
in
new stores and closed
One of the closed stores—in West Los Angeles, Calif.—
six small stores.
be
of
District
will be just under 40,000 or 39,632
Thus far this year
'
and
will be
stores
new
square
stores
30 new
relocation
improvement of about 160 others. •
which will be in towns not previously served, will
Hughes said the expansion program
million
will
major
262,000
$214,000
The
months
the
1987.-.
821,000
2079.
corporation
three
stores,
but five of the
1.8
stores,
35 -established
alteration or
The
The
W.
by
Electric
will
A.
received
be
Co,, 50 Broad St., New York, N. Y., for the purchase from
it of $14,000,000 first mortgage and collateral trust bonds due May 1,
$671,000
share
common
183, p.
will
476,000
1,492,000
Polymer Corp.—First Quarter Sales
stores this year,
the
Bias
1955
1,017^000
_____
earnings
per
—V.
•
(J. C.) Penney Co.—To Open 30 New Stores—
;
Potomac Edison Co.—Bids
1956
$6,551,000, $4,627,000
$840,000
—
Net
that
added
He
p.1791.
This company plans to open about 30 new
Hughes, President, .said on April 29.
'
In
addition,
the
company
has
scheduled
1957
_—$8,173,000
1,857,000
Faramount Vice-
a
Dot.
would
Corp.—Quarterly Earnings Higher
—
Earnings before taxes
$6,800,000
on
11
(2103)
3 Months to March 31—
Sales
Barney
expected to net around $1,100,000
President
Polaroid
Corp.—Buys Record Firm—
acquired Dot Records, Inc., for 54,000 shares
Balaban,' President, disclosed-on April 26.
has
stock,
common
The Commercial and Financial Chronicle
...
$0.40
^ > -
i0.6<l
1_13
^Includes; $243,184 net^gain.Irom sale of .village- properties. • Hncludcs
erain from sale of village properties.—V.-185, p. 723.
♦
$153,311 net
B2
(2104)
Refined
Syrups
Products
Com
See
Commercial and Financial Chronicle.
The
above—V.
Co.
European
Inc.—Acquired—
Sugars,
&.
Refining
185,
plants;
McBee
^
an
is
and Tally
important
1157.
p.
Register
stock
of
Corp.
owner.—V.
Seattle, in
p.
1048.
185,
which
Royal
meeting.
capital
from
Mr.
Sherwin
improvements
internal
said
this
the
will
bank loan
Mining Co.—Arbitration to
disagreements
Arbitrators of
will
Co
between this
taconite
Reserve's' huge
inspect
Roberts Co.,
Settle Disputes—
and Mesabi
company
processing
project
Iron
Silver
at
Minn,
Mesabi
represent
Their
He
pointed
the
old
the
early
set
complex
the
out
Mesabi
BUSINESS—The
and
in
operation,
that
the
when
taconite
mine
lease
and
agreements
made
weie
plant at Babbitt had
in
fixed
one-third
at
of
the
lease.
the
"Instead
of
net
profits
from
rebuilt
cotton
the
and
fiscal
resulting in
primarily
engaged
and
new
of
spinning
most
of
notes
Secured
Nov.
Silver
Bay
Bay,
and
Silver
built
we
a
notes
railroad
plant
power
addition
TO
bank__
notes secured
Preferred
stk.
Common
Com.
from
the
dock
and
and
mine
site
harbor
serf
to
given
application
have
said
rise
of
asked
tration.".
to
Mr.
Kelley,
f'the vast scope
of
between Mesabi and
questions
some
Asked
"if
about
minority stockholders'
a
their
of
the
lawyers:
agement."
tions
"The
said
by
Mesabi
these
which
parties
184,
Months
Co.,
the
p.
taxes
The
giving effect to the
also
stock
split
of
of
success
Options
to
'
buy
3,052,265
stock
the
-■
by assisting it to
qualified key personnel. -
under
the
the
of
time
$0.45
due
was
of
-
announced
that
the
first
quarter
of
of
1956.
1956
directors
to
stock
common
was
period
a
extremely good business in the copper and
brass fabricating. In¬
dustry but that the Industry suffered a
sharp decline in shipments
during the last three quarters of 1956.
They added that Revere's
quarterly earnings during the last three
will
program
shares
of
of
aside
be
63
quarters
cents
1957,
The
drop
at
95%
the
of
and
procure
each
fair
in
than
more
10%
J;
as
of
in
the
which
metal
decline
100,000
shares
for
incentive
used
Safeway Stores, Inc.
Period End. Apr. 20—
v.'
sales
attributable
was
retain
•
the
of
value
total
authorized
stock
the
brass
^ous'n^i
C.
A.
Macfie,
and
also
and
improvement
fabricating
automobile
President,
in
the
industry
and
until
other
of
is
the
as
whole
a
to
be
This
and
company
dated
net
tc
its
announcement
an
dent.
profit
The
It
is
profit
equal
stock
mon
series
made
of
was
Mr.
cents
$1.27
or
with
the
on
on
Tinto
ore,
reported
for
number
on
March
31
of
May
1
Canada
and
copper
properties
in
of
this
during
out
of
of
unissued
the
corporation
of
announced
manages
nickel
the
election
as
of
The
months,
The
Royal
work
ment
for
the
and
at
April
26
a
of
group
announced
Center
said
the
possible,
Zenner
cost
of
Frank
$ ' '
*
\
stock
1957
1957,
A
for
in
first
the
1957
dividends
12
,
to
$362,828*
$1.61
during
in
the
plans
Hartford
facilities
new
to
sales
1957
for
and
first
12
similar
weeks
the
and
"
(Conn.)
are
made
necessary
by
of
in
covering
shares
of
25,000
135,
and
Frank
1049.
p.
Sears
p.
-
Pensicin
Sharing
filed
25
1892.
in
stock
common
Fund
registration
a
memberships
the
185,
the
Fund
which
may
-
.
Commission—
filed
26
letter
a
(no
of
to
are
prefabricated
notification
to be
par)
The proceeds
erect
offered
be used
to
with
at
the
SEC
$1,000 each,
purchase
tract
a
houses.
Stock
—
Offered—•
period
same
the
in
of
1956.
retail
the
1956.—V.
first
three
at
less
to
than
that
the
the
the
full
funds
50,000
payment
on
well,
one
amount
of
hand
and
on
shares
of
As
if
1956
and
being sold
185,
to
of
1957
the
proceeds;, re¬
firm
a
23,
$467,-
GIVING
EFFECT
TO
•
PRESENT
FINANCING
Outstanding
4,000,000 shs.
*1,347,700 shs.
included
initial
a
exploration.
will
group
public
17.4%
hold
The
46.7%
purchasing
the stock for
of
directors,
the
of
stock
in
which
officers,
stock
this
if
this
offering
entire
is
sold.
The
The
.1955.
Salt
corporation
they will
balance
of
have
stock,
address
Lake
City,
its
of
principal
Utah.
11,
the
Payday Mine
Elk
on
incorporated
was
is
It
office
is
in
65
paid
Ridge,
for
the
4th
same
Jan.
on
14,
South
in mining uranium ore
Juan County, Utah.
It also
San
ap¬
$250,000
approximately
Utah
East
pro¬
issue
own
engaged
•
St.,
from
owns
other
mining
properties,
including
the
Sandy
mines' on
Point, San Juan County, Utah, which is now being operated
by the Security Mining Co. under a lease agreement providing for
royalties to the company based on percentages of the gross proceeds,
numerous
r
Park
Recently
;
Counties,
the
it
acquired
Utah.
;
of
Colorado.—V.
Block,
The
oil,
certain
in
located
oil
and
Wayne,
gas
leases
Sevier,
known
and
Emery
presently negotiating for the
uranium properties in Utah and
and
gas,
in
also
is
company
other
185,
interest
an
Chance
Last
acquisition
$5,156,662,
equal to 65 cents a
outstanding at the end of
issue
and
entire
will
will be owned by the public which paid $200,COO
prior public offerings if this entire issue is sold.
as
npt
:
Authorized
preliminary
The
r
showed
will
basis
public
BUSINESS—The
1679.
p.
on
"
received
are
net
properties
(par 50 cents)
to
as
this
in
compared
amounted
the
35.9%,
number
March
as
proceeds
for
shares
and
sold.
Lost
months
shares of capital stock (par 50 cents)
Of the total, 50,000 shares are under¬
150,000 shares are offered on a best-efforts
company's
sold
out¬
of
average
stores
periods
of New York City on April
share.
respect of
proximately
common
Canadian
Gils
1680.
p.
Sinclair
with
rank
the
acts
is
exclusive
as
expected
world's
finest
to
the
shares
issue
of
♦Gross
authorized.-r-V.
185,
p.
before
Provision for
■
'
Net
1957
1956
$
U.
U.
Federal
S.
taxes
Federal taxes
S.
income__
$
income
on
13,900.000
•Gross
operating
_:
income
respectively.
The
cost
the
.approximated
sales
24,245,569
$1.72
—
includes
sales
$52,831,038
which
at
13,100,000
26,302.099
amounting to $61,862,366 and
•
on
348,296,003 316,649,538
40,202,099
37,345,569
income
tlncome per share—
sales
produce
paper-making
such
crude
tBased
price.
of
in the
oil
three-month
President,
The
of
1679.
Salem-Brosius, Inc.—Has Record Backlog—
.
announced
average
this
in
period
company's
41-year
crude
1956
oil
and
was
purchased closely
on. average
of
number
history,
periods,
shares
>
records
P.
C.
for
any
Spencer,
April 29.
on
number of shares outstanding in
totaled
year
the
$1.68
purchased
1957
outstanding during the respective periods.
Earnings in the first quarter of this year broke a'l
common stock
(par value $5) from 10,000.000 to
The company has stated that it has no present plans
presently .authorized or the additional shares of
be
Subs.)—Earnings-
operating income
Income
of
to
(&
i
the
stock proposed
comon
Oil Corp.
Three Months Ended March 3(1—
Ltd.
grades of bleached sulphate pulp. Pulpwood for the mill is drawn from
2,000,000 acre of Crown timberlands undey a pulpwood lease
granted
by the Province of Alberta. In addition," 2,000,000 acres of timberlands
have been granted to the company as a reserve for future
expansion.
The stockholders on
April 12- approved a proposal to increase the
PhiliD
area.
the
quality of pulp that will
authorized
Re¬
new
Exchange;
herein represent stock sold to the public
ofering in 1955.
An additional 40.000 shares
in 1956 pursuant to exercise of a stock option
by the underwriter of the initial offering.
80,200 shares have been
purchased by stockholders in private offerings and 627,500 are shares
issued to the organizers for property .interests representing the ex¬
penditure of considerable time and $10,000 in cash in their acquisi¬
by
is
for
shares
common
the
Regis manages the Hinton operation and
for the mill, which, Mr. Ferguson stated,
agent
for
a
for
Stock
:'V
tion
$4,820,-
period.
12-week
same
$434,623,788
1,990
1956
$85,343,453 and net income
25,000,000 shares.
build
to
.
w
1956.
mill of North' Western Pulp & Power Ltd.
at Hinton, Alberta, Canada, in which St. Regis has a half interest, is
scheduled to start production shortly. This mill, with an annual
capac¬
ity of 150,000 tons, was built at a cost of $42,000,000 and is owned
a
producing
interests in
1679.
of
earnings
share
per
shares,
common
operating
the
jointly by St. Regis and North
linn
p.
weeks
compared
as
of
number of
average
Earnings
the
was
York
business leader.—V.
Exchange
contemplated
were
The bleached sulphate pulp
Petito
copper
New
Fund.—V.
April
to
per
*400,000
>
584,961,297
after all income taxes, net
consolidated basis. This
fully
a
amounted
the
3,540,837
for
of
Scurry-Rainbow
_
'
-on
7,706,335 shares pf. common stock
quarter. This compared with net sales of $86,890,885 and net in¬
of $6,765,785 equal to 95 cents a share on
7,130,873 shares of
common
stock in the corresponding quarter
of last year.
Sales arid
earnings of J. Neils Lumber Co., which was acquired by St. Regis at
the beginning of this year, are included for both
quarters.
companies
new
company
will
be
in
will
suburban
to
zoning
Bloomfield
approval
by
the
will
"town
new
center,
larger
laboratories
will
headquarters
be
with
75,000
than
in
doubled
square
the
West
over
company's
Hartford.
the
for
next
company's research
fields—typewriters, data processing
computing equipment.
continue
to
carry
locations, it was said.
Development Laboratories, a
18
on
These
supplementary
currently
and
ma¬
engineering
include
Instru¬
subsidiary in Attleboro, Mass.; the
company's Athens, Ohio, facilities; laboratories
connected with Royal
Precision
Corp.
(jointly owned with General Precision
Equipment
Corp. I; the engineering department of the
subsidiary Robotyper Cor¬
poration of Hendersonville, N. C.; laboratories in the
Royal McBee
shareholders
contract
a
on
April
backlog
of
30
informed
were
than
more
that
$17,000,000,
this
the
firm
highest
15,281,305,
compared
with
the first three
14,377.831
in
months
the
same
period a year ago.
The increase in shares outstanding, Mr. Spencer
pointed out, was principally attributable to conversions of the company's
convertible debentures prior to their being called for
redemption
now
in
ward
to
A.
a
Wickwire
year
ended
Sales
in
previous
Sales
Toronto,
Dec.
1956
31,
will
share
equal
declared
or
better
Salem-Brosius
1956,
amounted
per
President
Jr.,
which
reported
to
compared
$7,255,161,
totaled
47
cents
that
last
earned
with-
he
$46,409
the
compared
to
for
and
1956
is
"looking
year's
for¬
This
results."
$186,297
in
the
previous
$6,886,958
12
for
1955.
in
and
earnings
Can.,
of
the
subsidiary Salem Engineering. Ltd.
and Salem Engineering Co. Ltd. in England, were
the
substantial
differences
in
185,
p.
2036.
1946
p.
1680.
*
raise
about
$7,500,000
by
a
preferred
Sherwin, President, said at the
annual
and
wholly-owned subsidiaries
its
amounting
to
$363,870,065,
compared
for
the
with
year
1956
$354,090,361
1955.
C.
sary
Lightner,
in
many
has increased
Mr.
tion
company will probably
issue late this fall, E. D.
saies
year
difficulties
in
•
exchange.—V.
the
Milton
not
San Diego Gas & Electric Co.—To Sell
Preferred—
The
185,
Earnings after provision for taxes amounted to
$19,126,614, or $4.25 per share. Earnings after taxes for 1955 amounted
to
$18,146,901,
or
$4.03
per
share after including a
tax
credit
of
$2,000,000 relating, to prior years.
Without this tax credit the earnings
per share for 1955 would have been $3.59.
year.
in
cents
company
reported
fiscal
year.
included in the
annual
report because of
fiscal periods and the lack of free
monetary
stock
1957.—V.
3,
Jan.
Singer Manufacturing Co.—Sales and Net Rise—
Mr.. Wickwire
year
on
its
history.
Earnings
the
its
other
has
Ward
the
substantially
center
Conn
reported.
all
electronic
McBee
be
development
the
The
in
subject
$2,000,000,
and
work
site
said.
will
space,
center
development
chines
to
floor
research
staff
in
at
St.
area of Ontario. It also has
properties in Canada and
and South Africa.—V.
185,
100-acre
a
as
Mr.
Estimated
feet
present
377,587
end
the
of
Savings and Profit
Employees, on April
SEC
CAPITALIZATION
income taxes,
net income for the first 12-week period
$13,887,750. This compares to net income, before income
the
Presi¬
-
on
early
commission.
at
and
and assessment work,; to the
working capital, and that any additional
proceeds will be allocated among the purposes set forth above as the
Board of" directors may determine.
1
,
all
Board
come
totalled
,nve5toent
is
moters
of
the
the
the
steady growth and plans for
continuing expansion of its
Construction
begin
on
President,
lines.
' '
•
share
'
Canada, Ltd.—New Director—
Rhodesia
Development
company s
product
1,981
23,
on
$7,300,000
the period.
of $9,217,392
the
company
1957,
sales
shares
Royal McBee Corp.—To Build New
Center—
search and
M.
Zenner,
of
Chairman
be
-
St. Regis Paper Co.—Sales &
Earnings Lower—
first
Quarter of
and
be
applied
drilling of
plan. There
a
total of
150,337,509 627,663,565
$4,397,136
to
shares,
share
per
Consolidated
•
'
This
weeks
3,865,107
was
The
Co.
underwriting.
$1.25
ceived
-
Preliminary figures
the
year
$105'578,452 for the flrst
yranium in the Blind River
iron
nickel
1957
to
Presi¬
&S compared to the 94 cents
ended
Mining Co.
company
Rio
consoli¬
Jr.,
of
amounted
;
12
$1.10
taxes,
according
Reynolds,
same
MorgirstaSyTco'5 " PartMr
'or
S.
a
1957,
a
non-recurring profit of $1,489 the earnings for the first
quarter of 1956 amount¬
share, resulting in a profit from operations in
the
l385aSpC°l996red
Rio Tinto
This
R.
made
of
Reynolds said that
per
^■,n-et,0f^s for the Quarter
1956 —V
by
$13,063,545
share
per
qu^rt^rof 19576 °f ^'12
first
29
quarter
income
with
Shelton Trust, Hammond, Ind.—Files With
PROCEEDS—If
combined
but
option
cents
included in
15
April
■
subsidiaries
first
provision for income taxes of
$10,143 043
per share on the
10,054,858 shares of com¬
after
dividend
requirements
of
the
43,4%
preferred stock.
94
1956,
outstanoing
ing to
the
-
outstanding,
cumulative
1957
profit compares
quarter
owned
for
on
Lower Earnings—
after
was
to
wholly
$9,880,571
A
The
333
of
at
it
1957—16 Wks.—1056
$
'
$6,587,750
deducting preferred
Before
Co.—Report^
"
ended March
to
outstanding.
of
Reynolds Metals
net
1956.
standing
were
year
to
first
stock
an
consuming
weeks
taxes
in
After
'
However, they stated that they expected the
satisfactory.—-V. 185, p. 1519.
12
amounted
Income
busi¬
there
copper
the
compares
declared
volume
•
160,285,978
For
256
and
immediate
and
copper
$
income
of
basis.
of
(& Subs.)—Current Sales Up—
1957—4 Wks.—1956
.«
a
first
the
and
&
and
written and
,
to
the
construction
residential
for
production.
no
in
of
civic
the
on
Capital stock
averaged
1956,
requirements
Kenned-V- Chairman,
in
in
averaged 11 cents per pound
with the first quarter of
compared
they expected
ness
1956
earnings in the first quarter of
slight improvement over the previous
very
will
Shumway Uranium Mining Corp.
participant
market
of- the
presently 1,479,986 capital shares outstanding
3,000,000 authorized.-—V. 184, p. 1732.
Sales
prices,
1957
automobile
that
of
company's
a
portion
copper
decrease
a
The
show
companies
23 offered 200,000
^
r
allow
are
average.
major
in
quarter of
to
share.
a
therefore,
months
Chairman
as
Winslow, Cohu and Stetson
„
nine
who
2,000,000
by
Trust
land
granting
interest
set
to
oil
to
-
was
of
with
without
difficulty in
of the option. Under specified
options may be exercised at any time within 10 years
they are granted. No officer -or other employee owning a
beneficial
or
outstanding.
Canadian
'
company
highly
capital
Charles
the
(Ilollis L.)
The
$660,899
volume
result
a
corporate
amalgama¬
the reconstituted board of directors will comprise
the investment banking firm of Eastman Dillon,
and
with
Securities
voting power of all classes of stock of the company shall be eligible
to participate in the
plan. Stockholders voted to authorize the board
.
outstandings
continue
members
Roebuck
acquired
717,000
$0.45
sales
as
companies
The
E. Main, President, The Clarke Estates,
Scrimgeour,- partner, J. K. Rice, Jr. & Co.,
securities firm;
Wickliffe
Shreve, partner,
Hayden,
company
together
.1956
$670,523
"Lower
two
the
John
Cleveland
statement
$16,944,808 $18,058,268
1,310,523
1,377,899
said
the
and
Scurry-Rainbow
to be
independent
-
be
1957
construction
of
expected
are
Co.*
City;
City
Co.,
Sears,
the
date
direct
t$1.17
at
exchange
of
Canada.
retained
Sears, Roebuck & Co.—Registers With SEC—
April 26 voted to adopt a restricted stock option
employees. The plan is designed to promote
fixed number
a
the
&
This
of
key
the
and
granted
conditions
&
York
Taplin,
•
5,000
loans."
on
and
-
experienced
Jones,
Securities
York
Slightly Up—
,
Chairman,
be
5,000
640,000
residential
new
Alberta.
will
stock
capital stock on a share-for-share basis.
the amalgamation next week, Scurry-Rainbow
capital of 25,000,000 shares, of which approxi¬
will
Committee;
E.
5,000
;
mortgage
6,479,265
April 23,
in
Jones
Ellis, partner in
Stone
5,000
—
Ltd.
in
New
as
5,000
share_________
officers
3,427,000
$2,372,590
*$0.90
t After
taxes___
stockholders
by
Calgary,
an
are
interests
New
McCarthy & Co.,
31—
in
covering 100 beneficial interests
stockholders
for
the
s
$71,674,336
then
March
corporations
Inc.,
v \
Co.__
income
Abranam,
decline
2,703,000
Stock
are
f"v
Link, Gorman, Peck & Co._
Federal
on
per
obtaining
1956
$53,880,421
common
purchase
of
authorized
an
Executive
1961.
McCarley & Co., Inc.
Powell & Co. Inc.___
7,500
income..
Herbert
the
plan
1957
of
to
In
by
Pipelines
completion
addition to Mr.
John
.Union
respective
Inc.
7,500
1157.
5,075,590
shares
&
sales
Net
Inc.—Earnings Lower—
share
agreed
the
•
'
dent of Scurry-Rainbow, and E. George Meschi, President of Canadian
Pipelines, will be Financial Consultant to the merged companies.. In
.
maturity
and
Canadian
Both
Shares
10.000
Co._
Inc.
Earnings
$0.26
2,615,390
final
underwriter
severally
10.000
Co
&
Co.
&
before
of
common
has
each
Inc
Lewis &
Income
$1.20
It
.
1
$0.05
_
each
''k
Three Months Ended
1957—9 Mos.—1956
_____
on
&
185,
Net
137,382
income
;
Ruberoid Co.—Sales Lower—Earnings
$3,618,707
on
which
of
name
•
machinery and equipment,
on the original balance,
on
effected
Thomas H.
fixed assets
Earnings
—
594,310
taxes
income
Based
—V.
of
$7,597,269
taxes____
Federal
Earnings per
shares
Simonds
Loewi
v,:;".
Federal
for
certain
on
Campbell,
Baker,
J-':.
31—
mortgages
./xXx
McDaniel
and
32,047
—______
*
board
purpose
$1,224,873
March
by
Bache
ques¬
$0.47
Ended
secured
are
Dittmar
for
229.379
—
before
Net
the
mortgage
^
man¬
any
.
1280.
p.
Provision
by
this
Sales
1957—3 Mos.—1956
Revere Copper & Brass
Profit
Mesabi
have
for
up
fees
$2,884,886
____
sales
set
."/'TV'S'.
profit after tax
Earns, per com. sb
Three
to
decided
Record
^
Period End. Mar. 31—
Net
the
as
cio,
we
1232.
p.
Reports
—
Net
185,
well
as
as
operations
specifically
court."—V.
Corp.
Also Up—
—V.
want,
contingent
of
Federal
Resistoflex
Sales
stockholders
"plainly
for
first
a
Straus, Blosser & McDowell 65,000
suit
stockholders
Minnesota
the
far away
a
plaintiff
Kelley,
involving
arbitration
not
three
by
impose
0:
1
-
and Saskatchewan.
Holdings of the combined companies com¬
prise one of the .largest and most diversified land spreads of any in¬
dependent oil company in Western Canada, with interests in an aggre¬
gate of more than-8,300,000 gross acres.
Production of the combined
companies is running at a rate of 900,000 net barrels of oil per
year.
-
the
to
and
1963
Shares
recently filed in Delaware
against Mesabi and its directors and against Reserve, Mr.
Kelley
Stated
that
the Mesabi stockholders,
at their
annual
meeting held
on April 22,
1957, overwhelmingly voted disapproval of tnis litigation.
He
noted specifically
that the Mesabi stockholders disapproved the
request
notes
follows:
"
-
secured
are
until
for
money
1585.-
Alberta
stock¬
-subordinate
are
payments,
certain term life insurance policy.
a
number
the 1939 contract language.
Both Mesabi and Reserve
all such questions be settled by the board of arbi¬
that
.
notes
dividend
on
UNDERWRITERS—The
to
as
Foundry & Machine Co.)
creditors, mature serially
other
former
the
p.
producing
and
non-producing
oil
and
gas
/properties.
Scurry-Rainbow's holdings are located in the Province of
Alberta and Canadian Pipeline's in the Provinces of British
Columbia,
232,375 shs.
tc
be
substantial
238,825 shs.
232,375 shs.
originally
of
184,
Ltd.—Merger Approved—
29
Oil
mately 13,137,453 shares
X
„r
250shs.
1,025,000 shs.
$1)
issued
were
bear interest at rates varying from 4% to 6%
and are payable in
monthly installments with
activities
our
by
tSuch
at
General
all
restrictions
JSuch
and
Silver
Reserve
of
of
certain
'X;'
20,000
value
(par
(which
Oil
meetings held
Scurry-Rainbow
of
will
for
X,
32,000
153.000
i
•
April
on
special
Upon
111,200
250shs.
approved
will have
32,000
value $100 per sh.i
(par value $1 per share)
founders'
was
tion
Outstanding
140,000
and unsecured
debentures
holders
claimr
and
facilities
FINANCING
239,000
(par
stk.
stk.
"Such
Scurry-Rainbow
Ltd.
115,000
mortgage notes
'
$23,000,000
rest
Amalgamation of this company and Canadian Pipelines & Petroleums
were
share
per
$150,000
mortgage notes due 1963
mine
our
Babbitt
PRESENT
subordinated debentures
Misc.
operations
to
at
cents
$85,000
payable to
3.5%
Bay.
"Naturally,"
has
47-mile
a
large
very
In
more.
processing, plants
92
name
EFFECT
.
thousands
30.
$214,529 or
payable
term
tChattel
relatively small operation," said Mr. Kelley, "we
built, sooner than expected, a tremendous project at a cost of almost'
$190,000,000.
Our production is now at the
rate
of
5,300,000. tons
of iron ore pellets a
year.
We are employing 2,200 people and our
enormous
threads.
1956,
sales
at
*6'i
since
manufacture
parts used
and
stock.
common
Current
this
operations are serviced by
the leaseholds and our
the
the
Scruggs-VanderVoort-Barney, Inc.—Notes Placed Pri¬
vately—The company, it was announced on May 1, has
placed privately, through Eastman Dillon, Union Secu¬
rities & Co., Boettcher & Co. and G. H. Walker &
Co.,
an issue of $4,200,000 5Vz%
promissory notes due 19601972. See also V. 185, p. 1520.
staple
Authorized
/J
on
in
irames
synthetic
ended
year
net earnings
CAPITALIZATION GIVING
1920's.
was
under
the
on
is
company
of
production,
EARNINGS—In
When Reserve entered ihe picture, it was hoped
that in 15 years the plant could be renovated and expanded to start
commercial
production
of
1,000 000
tons
The
rental
to
annually.
Mesabi
distribution
the
$3,306,786
1939,
idle
been
J-
un¬
PROCEEDS—The net proceeds from the
stock sale will be applied
working capital, reduction of long-term indebtedness, and to the
purchase of machinery and equipment.
arbitrator.
to begin May
an
as
inspection,
of
Offered—An
to
8. will take them through every
from the pit where Reserve mines
the hard tacor.ite rock from mineral properties it leases from Mesabi
and the state, to the dock and harbor Reserve built to ship its finished
product—Iron ore pellets.
Mr.
Kelley explained that under the 1939 Reserve-Mcsabi taconite
lease agreements the board of arbitration Is empowered to settle finally
ah questions that arise between the parties.
If the representatives
of the two parties do not agree, a third arbitrator will be added to
the board.
V
:0
phase
C.—Stock
N.
derwriting group headed by Straus, Blosser & McDowell
on
April 30 offered to the public 125,000 shares of
common stock (par value $1) at a price of $6 a share.
this week.
This will mark the first step in settling all
questions that have been raised by
both companies, according to
Vv\ M. Kelley, President of Reserve Mining Co,
W. K. Montague, Minnesota mining attorney, will represent Reserve
as
an
arbitrator
and
Richard
C.
Klugescheld,
new
attorney,
will
Eay.
Sanford,
about
raise
agreements.—V.
'
Reserve
needs
company
and
year,
and
sources,
Monday, May 6, 1957
..
President,
parts
each
of
year
the
over
pointed out that in spite of import
world, Singer's volume of sales since
the preceding year.
Lightner emphasized
and
distribution
serious
of
that problems connected with the importa¬
Singer products have continued to make neces¬
consideration
of
important markets previously
the
development of Singer factories in
supplied entirely by import from existing
(Continued
on page
51)
Volume 185
Number 5635-.v. The Commercial and Financial Chronicle
^
DIVIDENDS
-
■
.Dividend
announcements
In
nounced
the: first
grouped in two separate
are
indicate
we
all
during the current week.
dividends
the
Then
Chicago Yellow Cab
second table in which we show the payments previ¬
ously announced, but which have not yet reached theix
payment date. •
.
a
Chilton
4'Jo
ABC
ACP
Company
Vending
Inc.
Acadia-Atlantic
5%
20c
(quar". f_l
Sugar Refineries,
Acme
Wire
Aetna
A
5-31
Cleveland
$30c
(quar.)_:.
Colonial
2
6-10
Colorado
5-31
Columbian Carbon Co.
5-15
6-29
1
6-
held
4-for-l
on
27
May
split.
stock
on
proposed
a
;.6'A%
80c
1st
prelerred (initial)
preferred (iiiitiall
2nd
American
Chain
American
&
&
Cable
(quar.)
.
6-15
class A
Co.,
News
Co.
" 30c
r
(quai.)__
"Payable
and
in
class
class
B
A
(stock
A
(quar.)
Oil
3%
Gil
Stock
$5
&
Avon
Deerfield Glassine Hquar.)
Delaware R. R. (s-a)
.1
Dentists' Supply Co.. of New
^
Ltd
6
Class
9
B-
5-15
Dickey
4-30
—
3%
$1.25
6-10
Dixie
6-15
25c
(quar.)
1
5-13
5%
6-15
5-13
this
6-15
5-13
in
not
7-
'
$1.25
6-15
5-13
37'Ac
6-15
5-13
—
(quar.)
45c
6-10
6-
$2.50
5-10
60c
6-10
6-
(quar.)__—„___—
20c
6-10
(quar.)—
18%c
—
__________________
(quar.
,
,
1
Cup Co.,
'-t 75c
Inc.,
common
convertible
class
A
common
Bankers & Shippers Insurance
Quarterly
Co.
of
N.
:—_;
Barber-EUis
of
Ltd.
Bayuk Cigars (quar.)_____.
Beadnit Mills, Inc., common
v
$5 preferred (quar.)
(quar.)
i
convertible
Bros.
Bag.
Stockholders
-
the
be
.
25c
the
'
•
'
Bethlehem
Bibb
'
to
New
May 6.
•
Steel
Extra
■
>
pref.
5-31
6-
(R.
$1
El
Co.
( quar.)
$1.75
Corp.
Petroleum
Buckeye
Pipe
6-20
Line
preferred
6-20
1
5-15
6-
Co.
Paso
6-12
6-
3
60c
$2.13
G-14
5-15
6-
5-10'
1
6-
1
Federal
5-6
6-
1
5-
15c
10%
6
Machine &
6-10
5-24
Federal
6-15
5-
Filtrol
6
Screw
5-23
5-23
First
_—-w
10c
6-
5-10
Fisher &
Burpe,
Dredging, Ltd..(s-a)
J_
Burlington Industries, common (reduced)___
$25c
6-
5-14
Fishman
<M.
Flintkote
Co.J
Bulola Gold
4'A%
preferred
2nd
Burnham
(quar.)__
___;
6%
preferred (s-a)__,
Burrard Dry Dock, Ltd.
Butler
Firestone Tire
4'A%
6
55-
Florida
6-
5-
Foote
$1.12 %
6-
5-
Ford
Motor
6-12
6-
Fort
Pitt
7-
1
6-17
6-15
5-24
Franklin
50c
5-10
5-
$$3.50
7-30
6-30
$1.50
(quar.)——.
pfd. (s-a)—
3
Bond
.
Facking Corp.
(quar.)
25c
(stock
dividend)-!-■
Campbell Bed Lake Mines Ltd.(quar;)
Camden & Burlington County Ry. (s-a)
Canada Foundries & Forgings, Ltd.—
Class A (quar.)
60c
Foils, Ltd.—
partic.
Canada
class
A
Safeway, Ltd.,
'
5%'
6-11
5-17
75c
6-26
7-
6-14.
$37 Vic
6-15
5-31
4.40%
pfd.
Steamship Lines, Ltd.—
5% preferred (s-a)*.
A
;
,
$125
Breweries, Ltd.,
conv.
common
pref. (quar.)
Ltd., class
Canadian
Canners,
Canadian
Fund
—
(quar.)—
Class.A (quar.)
Co.,
1
Ltd.,
common
5%
preferred
Capital Estates,
Co.Ltd.
(quar.f—
Investment
—
(quar. 1
Inc.
—_
(s-ai
Extra
Carey
1
5-10
$20c
$75c
7-
2
6-20
6-14
6-
6
?15c
6-
1
5-15
$$1.25
6-
1
5-15
5-15
5-
1
5c
5-15
5-
1
Tin
class
Gregory
Group
25c
5-17
4-25
6-10
.
5-17
1
6-14
Loblaw, Inc.* (quar.)
Loe.w's, Inc. (quar.)_
Lord Baltimore Hotel
10-
1
7-
1
6-14
Lynch
10-
1
9-16
Lyon. Metal
9-16
5-
6-13
7-29
6-14
5-14
6
6-
1
6-
1
6-
1
5-21
7-
1
6-20
5-
1
4-23
5-
1
4-23
6-15
5-31
45c
6-13
5-20
1
5-15
75c
6-10
40c
5-
1
4-29
6-
1
5-15
6-15
5-31
6-
1
6-15
5-31
15c
6-20
5-31
20c
60c
6-14
6-
6-12
5-10
—
25c
6-
1
;6-14
5-15
4
4-25
5-31
10c
25c
5-31
6-15
5-15
5-21
35c
6- 5
Sport
Shirt Co.;(quar.)__—
Mobile
&
6-15
6-10
6-28
7- 1
6-12
6- 5
6-13
C-28
5-15'
'
5-Ja
5-13
5-10
5-14
5-16
5r20
6- 7
6-14
5-28
5-150- 3
6-15
6-18
5-31
6-10
7-1
7-1
7- 1
5- 1
5- 1
5-15
6- 1
7- 1
7- 2
5-29
6-7
6-7
6-7
4-22
4-22
4-30
5-10
6-17
6-15
$2
$1.75
$2.10
7- 1
6- 3
6- 3
6-1
5-10
5-10
25c
6-28
5-25
—
$2.50
30c
6-10
5-15
5-20
5- 1
5-15
5- 1
50c
$1.75
10c
30c
$8c
50c
20c
30c
fOc
7-15
5-31
5-27
6-20
7-2
6-10
5-16
C- 6
5-10
6-18
5-13
5-10
5-31
6-7
:—
5-15
5-
1
(accum.)__—
Mohawk Rubber Co
5-15
5-
1
Morgan
(J. P.)
4-30
Mosinee
Paper Mills
1
5-21
Extra
-
Co.—
R.
3VA% pfd.
preferred (accum.)
5-15
»
5-17
6-20
20c
R.
(s-a)
50c
6-
6- 1
6-1
5-31
5-28
6- 1
7- 1
!__
Birmingham
Preferred
Mohasco Industries,
4.20%
9c
6-14
4-23
6-10
—
$1.25
25c
Marathon Corp. (quar.)
—_—35c
Marmon Herrington (increased)______—___
12'Ac
Marshall Wells Co., commop—_______
$3
6% preferred (quar.)______—
$1.50
Massey-Harris-Ferguson, Ltd.
(quar.)
$10c
Master Electric Co. (quar.U—U
—
30c
Maule Industries, new com. (initial quar.)__
20c
McBrine (L.) Co., Ltd., pfd. (s-a)
$50c
McGraw-Hill Publishing (increased quar.)
35c
Merchants Fire Assurance ,(N. Y.) ,(quar.)__
50c
Metal & Thermit Corp., common (quar.)
30c
7% preferred (quar.)
87'Ac
Michigan Gas Utilities Co.. (quar.)
25c
Micromatic Hone Corp. (quar.)—_——_
25c
Midland Steel Products, common (quar.)
75c
8% preferred (quar.)__
—
$2
$2 div. shares (quar.)
—50c
Midwest Packaging Materials Co., common_
5c
5% preferred (quar.) ______
—_—
12'Ac
Miles Laboratories (monthly)_——____
8c
Minnesota Power & Light, common (quar.)__
35c
5% preferred (quar.)
$1.25
Mitchell (J. S.) & Co. Ltd.-(quar.)
$31'4c
5-15
40c
5-8
6-1
6- 1
6-30
5- 1
5-15
$1.75
Inc. (quar.)—______
9c
(quar.)
—_—15c
(quar.)_____—
Products
Store
D
Manhattan
37'Ac
—
—
$10c
$10c
$60c
(quar.)__
$51'Ac,
$37Vac
$51'Ac
—37'Ac
25c
Fixtures
(quar.)—__—,
Products_ (quar.)
_____
(quar,)——_—
——
Maine Central RR., 5%
pfd. (accum.)
&
M
5-17
6-
A (quar.),
,
Carrier Systemi
MacGregor
5-24
$1.12'A
—_—
Macwhyte Co.
5-17
6-
;;
7
5-
__;—
(quar.)—
'1st. preferred (quar.)i.l__
2nd preference (quar.) ______
25c
5-15
Co.
Cos., Ltd., clafes
B (quar.)!—
.Class
5-10
1
5-
Steel
&
'$2.40 preferred (quar.)_v__
Loblaw Groceterias Co,,.Ltd., com.
5-10..
7-
$60c
(quar.)_
5% pfd.
(stock
Co.
50c
50c
6-
1
5-
1
6-
1
5-15
6-
5
5-13
5-15
12'Ac
$1.25
5-28
7-
1
6-20
6-
1
5-15,
25c
6-
1
5-15
$1.25
$0.0805
6-
1
5-15
ctfs.—
Industries
(quar.)
—
iquar,)
Co
;
& Co.
£
1
6-11
1
5-23
6-
(quar.)J
fund
Capital growth
fund
5-
7
6-13
6-
3
Full
5-25
5-
8
Institutional
50c
5-16
5-
30c
6-
1
5-10
$1.12 Vi
7-
1
6-
administered
General
Guardian
bond
bond
fund
Mutual Fund,
net
investment
4.05%
5-22
Norfolk
North
7-
1
6-10
7-
1
6-14
1
6-15
6-
6-15
5-17
6-28
6-14
6-28
5-10
5-31
5-16
5-31
Warren
1
1
.*
5- 1
6- 7
6-7
6-14
8-15
6- 1
5-17
7-31
5-13
$2
70c
Ry Cp._.
.(111.) (quar.)
5-28
7- 1
7-1
20c
(quar.)
$1
$1.01'4
$50c
30c
7-15
5-17
5- 3
75c
pfd.
5-10
5- 1
$1
40c
$1.02
$1.05
$1.10
6- 1
6-10
6- 1
50c
50c
6- 1
6-1
6- 1
5- 1
6-10
5-17
5-10
5-6
5-6
5-6
5- 6
4-_5
5-1 <
$1.06%
9-1
8-16
Corp.
Warren
(Northam)
Corp.
Central Ry. (s-a)
Northern
6-28
6-14
5-24
See
Light, 4%
Co.
Gas
5-15
5- 7
5-23
4-25
$5c
Mines.
Southern
&
Shore
Northam
:
(quar.)_.
(quar.)_
preferred (quar.)
Mines, Ltd. (quar.)
Noranda
Northern Insurance
Northwestern
Ohio Forge
&
Machine
Oil
Power Co.,
5-16
4.20%
5-31
5-16
4.40%
5-31
5-16
4>A%
10c
5-31
5-16
10c
5-21
5-
6
(quar.)
4.08%
preferred
preferred
preferred
Ohio State
Olin
Inc.—
Life
Mathieson
•4.25%
Life
Y.
(quar.)
Insurance
Co.
(increased)
Ohio
Co.
Co. of N.
National
(Milwaukee)
1c
income
Light
Dickenson
Jersey Power &
10c
'
fund——
iund
Paper
New
Ohio
stock
5-22
_—
Edwards
Nekoosa
6-10
20c
$40c
$30c
(quar.)__
Inc
Corp. (increased)
class B, Ltd.-.
National Malleable & Steel Castings (quar.)
National Vulcanized Fibre (quar.)
1
7c
common
(quar.)__^—
By-Products,
National Hosiery Mills,
6-12
7-
(quar.)
National Gas & Oil
5-23
Securities:
Common
From
6-
Y.)—
(quar.)
preferred
.7%
National
New
13c
(N.
National Biscuit Co., common
New Britain Gas
10c
Co.
1
Ltd.,
pref.
B
50c
6
6-15
5-15
1 'A%
(auar.)
dividend),
Ltd. Amer.
Indemnity
Paper,
25c
7
25c
25c
(quar.)—
—
—.—;
Lakes
$1.20
5-27
Chambersburg Engineering- (quar.)
Champion Paper Si Fibre, common (quar.)—
$4.50 preferred (quar.)
—^
15c
$1.50
(quar.)
Champagne
(John), Ltd. (quar.)
Wines
6c
Co.,
Investments,
Quarterly
Great
5-21
—1
5-17"
5-17
4-30
—:
(quar.)
American
Great
5-31
(reduced)—
1
10c
15c
Goebel Brewing Co., common (resumed)-—5c
60c convertible
preferred (quar.)
15c
$4.50
convertible
preferred (quar.)
$1.12'A
Gold & Stock Telegraph
(quar.)
$1.50
G or ham Mfg. Co. (quar.)„
50c
6-11
(quar.)
Loblaw
6-
•
:—
Glen-Gery Shale Brick, common
6% 1st preferred (quar.)—.
6-10
Products
5-17
6-10
(quar.)—
General
50c
Central Steel & Wire Co
5-15
1
$1
5-31
25c
Chain Belt Co.
1
6-
Telephone Co. of Wisconsin—
preferred
40c
Casco
6-
5-15
Plywood Corp., 5%"conv. pfd. (quar.)
$5
Cascades
(quar.)
5-15
10c
General
(Philip) Mfg. (quar.)_
Carpenter Steel (quar.)—
Plywood Corp.
1
60c
5-31.
15c
—.—
6-14
5-17
6-
60c
—_—
2
Trust,
(interim.)
6-14
5-31
17'Ac
2
Ltd.—
_—_—
Canadian Ingersoll-Rand
Canadian
International
5-17
5-10
—
7-
6-
———
6-28
5-20
.___
7-
$10c
(quar.)
preferred
6-28
Co.—
$183/4C
(quar.)
L
Creamery, common (quar.)
Salle
Laclede
:—
$31 Vic
A
;____
Land xquar.)
County
Labatt
6-28
5-18
General
6-
(quar.)
5-31
3
7-30
1
(extra)
Merchandise
Inc.—
Machine
Corp.
Industries
5-31
(Quarterly from net investment income)—
Ice
Gas
General
2
Co.
5c
$30c
$1.50
Lake Superior & Ishpeming RR.
(quar.)—
35c
Lane Bryant < (quar. )__I—/■'
30c
Le Tourneau (R. G.), Inc. (quar.)
25c
Lexington Union Station Co., 4% pfd. (s-a)
$2
Life & Casualty Ins. Co. of Tenn.
(quar.)
15c
Lindsay Chemical (quar.)__;—_______
25c
6-
5-28
preferred (quar.)__
Corp. (quar.)
General Foods Corp.
(increased)
General
2
5-8
5- 8
5- 8*
Knudsen
6-10
America
3
7-
6-1
6-1
6-1
Kern
6-10
(quar.)
Inc.
Acceptance Corp., common
7-26
7-
5-10
6-14.
5- 8^
7- 1
5-15
5-10.
6-15
5-10
5-10
5-8
5- 8
5-16
10c
series
6-
f37V2C
5-20
7- 1
5-15
7-15
6- 1
6- 1
7- 1
6-10
5-22
6-1
6-1
4
6-25
15c
(quari)
Ltd.
7- 2
J31V4C
6- 1
5-15
6-
Quarterly
Kawneer
40c
;
—
8-15
;—
6-28
6-6
6-14
5-25
4-30
$1.65
25c
$1.75
(quar.)
(quar.)—
$15c
(quar.)—
20c
50c
20c
15c
5-10
5
(quarr)
Funds, -Inc.—.
$$1.10
*
Canadian
-$1
General
-
Canada
Canadian
General
General
(quar.)_;——
'
*
7-26
1
25c
Stock
1
6-
———.
J.),
4-30
5- 15- 6
6-
7-1
series
(A.
5- 9
4-18
6
;
1
6-14
Fund
5-15
5-10
8- 2
4-18
6
(s-a)^_—;
Works
series
$1.25
,—
5c
25c
6-10
5-
(quar.)
Process
(quar.)
Ollidr
&
5-15
5-
(quar.).;
Custodian
Income
Freiman
5-11
$7%c
,
Canada
■
5-20
Co.
Bridge
5c
25c
common
Diversified Services—
investment
5-15
5-24
(quar.)__
Co.
Co.,
preferred
10'Ac
I
-
(quar.)_;.
Mineral
6-14
6-14
6-14
5-15
6-14
$$1.12%
$1.50
(quarterly from net
income)
1.
Jahn
6-15
Foster-Wheeler Corp.
25c
Steel
—
Engraving (quar.)_
!
Jefferson Standard Life Insurance Co. (quar.)
5-15
6-15
(quar.)
common
$4 preferred
Franklin
California
Co.
5-
(The)
Investors
5-29
75c
A
class A
H.I
■
5-29
6-20
$25c
(s-a)
$1.05
Co., Ltd., 7%
Cement
$
6-12
$37'Ac
—
(quar.)_-___:
Corp,
6-
(quar.)——
Calaveras
6-
(quar.)______
(quar.)__—;i
Bearings,
Rubber
&
6-
—
(quar.)
Telegraph (quar.)_
Resistance
(quar.)^.
prior
Investors
55c
preferred (quar.)_.:_:
Security
6-
—___________
Manufacturing Co.
Butterfly Hosiery
6
$1
—
(quar.)
common
1
6-14 "
—
Welder
20c
—
preferred (quar.)
Corp.,
Co.
(quar.)
87 V2 c
—
______—__________
4.20%
5-
7-1
5%
25c
.
____u
$llc
preferred (quar,)__—
preferred (quar.)
5-15
55c
(quar. )^
5-31
4%
Interstate
3
7'Ac
(quar.)
common
(quar.)
Works
Corp.
6-
_____
"<3Vst%
5
7-
15c
f
1
common
Federal-Mogul-Bower
7- 2
7- 2
7- 1
6- 1
6-28
6-28
J 500
—L—
A common
Inc.,
Assoc.
Co.
6-30
$50c
—
Ocean
International
6-
7-15
7'Ac
Glass
6-15
1
I
The Fair.
see
5-21
15c
(quar.);
Federal
$25c
______
.___
5-15
6-15
Natural
(The)
6-10
7-15
'$15c
(ihitial)
com.
Fajardo Sugar (quar.)_
Farm Equipment Acceptance
6-15
$12 Vic
,—
(quar.)
6-
1
60c
20c
—_____—__
Fair
5-15
5-27
2%
—
preferred
!4'A%
25c
(quar.)_.
new
class:A (quar.)
6- 1
6-10
$40c
$62'Ac
(quar.)
6-
Fund,
7
Common
$17'/2C
preferred <quar.)_
preferred..^ quar.)
35c
Bullock
6-
(final)—
25c
Racing Assn.,
35c
(quar.)___;
common (quar.)__
(quar.)—
,
___
Ltd
;____
preferred
1
Corp.,
International Metal Industries Ltd.—•
3
(final)___——
Company,
$5
7-
39c
(quaf.)___
$1.25
Budd
7
60c
]
RR., 7% pfd. (s-a)*.Exeter Manufacturing Co., common (quar.)__
7% preferred (quar.)__
1
(quar.—
Ltd.
8
6-
La
Elmira & Williamsport
6-
30c
Ltd.,
Co.,
3
7-
—__
_
Brass
6-
1
6-24
Co., 6% pfd
class A (quar.)
-
British
1
7-
$1.18%
.
Bristol
7-
35c
Rubber
Erantford Cordage Co.,
Class B
'
5-
1
Gas, common (quar.)^___-__
32'Ac
preferred (quar.)__„__,—.——_____
$1.42
$5 2nd convertible preferred (initial)—___ $0.77778
Electrographic Corp. (quar.)
_____
25c
25c
!
Hose &
3
7-
5.68%
—
*
6-
*
Silica
dividend
Stock
•
common-
Manufacturing
Eddy Paper Co., Ltd.,
(quar.)
preferred (quar.)_
Blaw-Knox Co. (quar.)
5-10
are
.___
Eaton
will
35c
common
Details
...
Sons
&
Ltd.,
Inc.,
Common
$1
$1
to split
(quar.)
Bryson,
3.
c
R.)
6-15
5-21
5-15
for redemption
Hosiery Mills, class
'Class B common
31
6% preferred (quar.)$
4
-
common
15c
Woven
$2
1
4%%
Borcien
-
7
5-
(quar.)—_
1
6%
(quar.)_^_
Dorr Oliver
Eastern
5-15
(quar.)
5-17
6-
30c
(monthly)-i-_
•
Eagle-Picher Co.
6-10
pfd.
'New com. (initial quar. after 2-for-l split)
International Fidelity Insurance Co. (Dallas)
1
6-14
25c
believe
"
25c
16'Ac
,
5-213-
6-
•
25c
(we
6-15
International Business Machines—
50c
A
(quar.)_
6'A% pfd.
6-21
,
6-28
■
&
Boston
5-15
I
;>
•
Corn., 7%
Elaek-Clawson Co.
Sivalls
5-15
1
dealingsExchange on
Stock
preferred
Water
&
Gas
Industrial
7-1
25c
(quar.)
yet available),
Ltd. (quar.)
Eastern Utilities
Manufacturing Co.
Black
1
6-
35c
shares
Indiana
25c
25c
(quar.)__
>
7-15
6-10
5-31
•
6
5-10
25c
(quar.)
,
7-15
$40c
'» ■'• 70c
12'Ac
5-31
5-31
6-
"when-.issued"
York
•
6-15
50c
preferred
5-
-
$10c
Refining (incieased quar,)
Hunt Foods, Inc., 5% preference (quar.)
5" 6
1
"
32c
"$20c
1_
(quar.).
26c
$1.50
!
Co.—
new
admitted
on
1
50c
approved a proposal
into preferred and
The
5-31-
(initial)—
common
common
shares.
5-
—.
Beneficial Finance
\
:
5-10
6-14
$1.25
(quar.)
new
(quar.)__
—,
is being called
entirety on June
Donnelley
6-14
37'Ac
———
Bell
Bemis
5—311
60c
(quar.)___—__
1
6-
-
"• 35'Ac
__•
preferred
$1
(quar.)
—
.
Oil &
Humble
7
6-
B
6.40%v
50c
issue
its
,5%
$80c
.—
Class
•
5-24.
75c
Dominion-Scottish Investment. Ltd., com..:
5-15 ;
1
6-14
25c
York
class A
(quar.)
5-10 .
5-10 /
5-10 •
5-105-10
5-106-15
6-12
6-12
25c
$1.06'A
(quar.)!____31'Ac
31)40
____*_
2nd
93%c
'
A
6-28
6- 1
6- 1
6- 1
6- 1
6- 1
6- 1
7-15
5-15
1
(quar.)__;
—
.
5-15
5-15
5-155-15
5- 3 .
5-31
5-175-17
6-20
1
6- 1
30c
$1.12'A
:
preferred'series B- (quar.)
preferred (quar.)
Hughes-Owens Co.; Ltd., class A (quar.)
6-15
6- 7
.
preferred
5%
8'
5-
1
1
75c
:
Durham
___
Beauty Counselors
Aircraft
7-
<-
1
6- 1
6- 1
30c
'5.12%
6-
$$3
A
Dominguez Oil Fields
1
Y.
—__
Canada,
class A
common
Donohue Bros.,
B/G Foods,
5-14
6-
7-
(quar.)
Paper,
5-21
50c
6V4C
12'Ac
(quar_)___
Corp.; common
(quar.)
Pulp
5-22
6-
___:
i
6-
6-20
7- 2
$1.18%
preferred
Hudson
5-17
15c
(quar.)
Monthly
(s-a)
.
$1.05
(s-a)_.
■
A
.
3
5-14
5-14
5-20
6-14
5-10
5-10
5-15
30c
Co. .(.quar.)
>'(quar.
Stores
'4*/4%
:
7-
50c
Dome Mines,
5-27
30c
"
4-25
preferred
B
class
5-31
.
5-31
5-31
$1.25.
34%c
:
(extra).
class; A (s-a)
preferred
$1.41
6-
25c
(quar.)_
(W. S.) Clay Mfg. Co. (quar.)
Club, Inc. (stock dividend)-
Diners'
_________—
,
'
3
7—1
$50c
i,
5-
...
40c
__
(quar.)_____
(quar.J
Diamond Portland Cement
___
(quar.)
common
D'i Giorgio Fruit,
5-14
5-
17'Ac
''Class
4'A%
5-15
5-29 r
«--•
•
50c
>
,
1
5-31
r
iJl'Ac
'
Co.
Steel Corp., common
preferred (quar.)____^
6%
6-13
7
Corp.,
Door
Detroit
5-10
1
6-
$18c
common
(quar.)
Co.
6-
75c
,
Refining,
Products
5-10
1
5-
15c
35c
"
'3%% preferred A (quar.)
25c
U5%* non-cumulative
Powder
Dana
4-19
(Calif.)—
Associated Spring (quar.
Atlantic Coast Line Co.—
Atlas
5-10
6-14
$5 2nd preferred (quar.)_
$1.50 convertible preferred
,
5-22
1
.6-3
dividend
preferred
1
6-12
—
-•
~
(quar.)_,
1
6-
Co.
preferred
6-
6-28
(quar.)__
prior
-
Co.,
6-11
6-14
25c
Group
Ltd.,
International
75c
Hardware
Co.,'Ltd.
Dahlstrom Metallic
25c
Inc.
Coal
Pass
Nest
Hoover
1
:
5-17
$10c
50c
(s-a)
(quar.)
(quar. )_^
(quar. )_•.
Manufacturing
Finance
Home. Oil
■
3
50c
Quarterly
B
6-
6-20
(quar.)_—
(initial)
(quar.)
pfd.
Publishing, $4 prior .pfd.
5-
5-31
18%c
$4.20
5-
":
!
$1
,r.;
(quar.)—
H.)
Curtis
30c
Steel Corp.
(quar.)_
Arrowhead & Puritas Waters,
(J.
Crow's
5-31
$2 pfd.
Corp.,
6-
30c
._
Armco
Ashdown
5-31
i.
__
$3 partic, pfd.
Co.,
Zellerbach
5-15
Howard
" 6-
$37Vic
$50c
Crown
Home
5-20
5-29
I $50c
____
(s-a)
Crown Cork & Seal,
6-24
$1.75
_____
(quar,)__>
B
.6-15:
preferred
*
5-31
30c
>
4%%
Hobart
.__
(quar.)
common
preferred
preferred
-
5-10
6-14
Hotels,
1st
1
62'Ac
12'Ac
(quar.)
preference
5-17
6-
5c
(quar.)
5Vi%
.
3
6-10
A
50c. class
1
,
20c
(quar.)
Paper Products, Ltd._~
Co., common
Jones
5%
A
3-30
6-
25c
(quar.)
common
Co.
Mining
Herff
5-15
6-1,
100%
5-24
6-14;
6-14
•
(quar.)_
com.
6-
•
1
6-
40c
—.
.____
new
6-28
20c
(H.).- Distilling. Ltd., class A (s-a).
$1.60
:___—,
5-10
_>_
Ltd.
5-31V
6-14
25c
5-10
3
6-
25c
.
Sanitary—
—_—i___
6-3
60c
(quar.)
preferred
Mills, Ltd.—
America
of
preferred
5-17 1
4-30
11c
(quar. )_i
•
Holdert
1
$1.25
Co.
Co.
Pineapple,
Hendershot
5-24
35c
dividend..
Class
5%
Hecla
7Vic
Corning Natural Gas Corp( (quar.;
Cbrroon & Reynolds, $1 pfd". A (quar.)
Crompton & Knowles Corp./(quar^)
:
Paper
if quar.)—_____—_
(quar.)_,—_______—
W-'ting
Farms
Ashland
Corby
6-10
'
Co.
Chemical
6-
$0.03101
(quar.)
common,
(quar.)
Mfg.
Hilton
Casualty (Chicago), (quar.)—__
Copper & Steel'Industries—
.^,5%' preferred
(quar.)-—_I—
Continental
Gin
Co.______l_I__________
5-21
,
5-15
50c
(quar.)__I_—____ 1__
Consumers Water <quar.).__"
V
1
6-15
_________
(s-at__^
Glass,
preferred
Hawaiian
5-24
40c
Textile
prefevred
Stock
6-
3
$1.25
class A (quar.)
Shearing & Stamping (quar.)
Cooper-Bessemer Corp.,
5-24
1
6-20
6-14
$1
(quar.)_—_____
Products
Apex Smelting Co.
*'
6-10
6-
'
25c
(quar.)___.
Vitriiied
an
American
Class
5-24
25c
—1_—
(quar.)——
American Tobacco Co.
•
6-10
3%
(quar.)-
American Seal-Kap (Dela. |
jstock div.)
American Thermos Products
(quar.)
Argo
.5-10
dividend)
Standard
&
reduced
preferred
Arden
....
40c
——
Radiator
Common
Ameri
6-10
30c
stockl___l___i_____—
preferred A (quar.)—
American
7%
'{
s
Ltd. (quar.)—I———
(quarl)___
American Potash & Chemical, class A
$4
7
5-15
87Vic.
Shares
Hastings
1
6-10
(quar.)——,—...
(quar.)
&
When
25c
'
13
Payable of Rec.
Share
.
Corp.
Harshaw
5-
6-
7-29
Continental
5:"
5%
50c
Continental
Petrofina—
A
Class
6J
6-
-5%
Consumers
Controls
30c
Metal
•
lv
6-21
•
American
Class
1 *
6-
25c
Corp.,
American
American
6-
> .'•
*
American Greetings
Class B
•
6-15
25c
__
".
v
1;
6-15
62'Ac
Corp. (reduced)—
Foreign Power-—
(Increased-quar.)
;
5-
12c
,
Enka
American
5-17
5-15 >
94c
;—_
—
6-10
20C
■
-
5
.
Community -'Public Service
15c
:
____-
Stone
&
Connelly Containers,
"
6-
5-20
1
5-13
>
(quar.)____.—
Milling & Elevator" (quar.)
Consolidated
Allied Chemical & Dye (quaf.)
Allied Products Corp= (Fla.), class A
American Biltrite Rubber-—'""
"
y'
-
-
,
Sand
Commercial
.
be
to
Harman,
$1
Combined Locks Paper,
6 15
-
__
Handy
40c
_____
5-20
6-12
50c
Engineering (quar.)
37'Ac
Ltd.__J_„^_r_rir_i_—+$2
.^.Stockholders will vote at a special meeting
Steel,
Trust
5
$2
Pittsburgh RR.—
special guaranteed- (quar.)
regular guaranteed (quar.)_____
6-10
7-
Hamilton
7-
8- 1
&
2
7%
5-16
'
(One sh.'for each 9 shs. held)
div.)
6-15
7-
$$1.25
Stand
Algoma
5%
' 6-1
6-
>.
25c
Y.)—
(N.
Hajoca
12Vic
(quar.)
com.
Per
5-25
6-21
$3.50
—I
v
Name of Company
6-10
^87Vic
—
Equipment Co., common
preferred (quar.)—
'4%
$12'AC
(quar.)
Co.
5-10
6-15
*
(quar.)—
Casualty
(Siock
Clark
Ltd.—
(quar.)
class
5-25
$1
______—._—
preferred (quar.)__———
'$1.20
ot Hec. *■
(quar.;____i_:
Industries,
Common
Holdert
Payable
of Rec.
30c
(quar.).—
(quar.)
prefeired
Citizens
When
Share
v
-
Co..
Holdert
_______
Cincinnati Milling Machine Co.,
Per
Name of
.
(quar.U_
Cpapman Valve Mig-. Co.,'7% pjd. (s-a)
Chesapeake & Ohio Ry.v 3Vi% pfd. (quar.)_
Chicago, Burlington & Quincy R. R. Co._:
an-v
follow with
we
Co.
When
Payable
'
•
Company
B.»
(A.
Fer
Share
'
; '•
..
Name oj
Chance
tables.
(2105)
Corp
preferred
(quar.)
(quar.)
(quar. >_.
$1.12'A
(quar.)
(quar.)
Insurance
Chemical,
common
preferred ' (quar.)
<quar.)_
14
Per
When
Pottery (quar. )___.—————Supply Co., Ltd.—
participating preferred (accum.)
__
Orpheum Building (s-a)
—
—
30c
Onondaga
.
and
income
7-
$25c
20c
2
S.
15c
6-
1
5-15
6-
1
5-15
Universal Insurance Co.
6-
1
5-15
9
5-
1
Pacific
5-15
5-
6
Inc..
(quar.)
common
(quar.)
Arizona
5-10
$2.50
preferred
(quar.»_.—^—
7
S2.36
preferred
(quar.);
5-14
52.40
5-15
$4.35
prefeired
preferred
(quar.)__
(quar.)__—ft,
preferred
(quar.)
5-20
5-
65c
5-28
25c
6-1
6-14
5-31
6-14
5-31
Van Raalte Co.
1
5-15
6-15
5-31
5-15
4-27
50c
6-28
6-
3
ft)' 75c
5-15
5-
8
Walgreen
3
5-J5
Arkansas-Louisiana
5-31
5-15
Arkansas-Missouri
Warren
Mills
(1 educed)
.—-—-
,
.
Cnemicals
.
.
v
Circle
Paid.
Corp.
Inc.
(quar.)
ft.,
50c
"
25c
:>
■
6-
50c
:
____—
6-10
Gas
(quar.)
5-
1
(initial»■
$4.95
5%
preferred
Phillips
Petroleum
6%
preferred
Common
7'r
preferred
of
Co.
Potomac
$2.44
America
Electric
Princeton
1334C
__
(N.
5-15'
5-
:
-5
..
7-1
;
1
Corp.
&
(J.
Candle
B.)
(Common
5-10
WiLson-Jones
1
5-10
6-1
5-10
•
6-20
6-
1
-
preferred
at
this
held
.
5-10 ;
1
5-
1
5-
$1
6
Woodward
basis.
Iron
Woolworth
IF.
Co.
on
6-28
6-10
Zelgler
4.20%
preferred
preferred
4.32%
Pure
Oil
Co.
50c
6-
1
5-15
87V2C
6-
1
6-
1
5-10
$1.05
(quar.)
6-
1
5-10
27c
6-
1
5-10
weeks and not yet
6-
1
5-
dends
_
(quar.)
Quaker City Fire Si
Quarterly
40c
_____
ft
Below
9
25c
_
Racine
Hydraulics & Machinery Inc., com...
$1.20 convertible preferred A (quar.)
Ray-O-Vac Company
(quar.)_
G-20
Coke
&
tquar.)
Riegel
Paper
Robinson,
Class
Corp.
Little
A
preference
Fiochester
&
M.
ti-18
Acme
Industries, Inc.
1
5-10
Acme
Precision
6-
5
5-15
$1.10
Acushnet
A
5-31
5-10
Adams
30c
6-10
5-21
Advisers Fund,
120c
6-29
6-15
6-
$1.12Vj
(s-a)
$2
(quar.)___«
:115c
ft;.;
and
1
5-15
20
cents
6-20
Aeroquip
Corp.
4-26
Agncw-Surpass Shoe
(Common (quar.)
5-15
7
5-17
6-24
6-10
25c
5-15
5-
10c
6-
5'/2%
Paper
Searle
(G.
Selected
D.)
&
Risks
(quar.)
Indemnity
Shakespeare Co.
(quar.)
2
5-24
5-14
25c
6-15
5-31
$20c
7-26
6-26
15c
6-10
5-
8
15c
6-10
5-
8
6-
5-13
!___
Simon (H.) A Sons, Ltd... 5%
pfd.
Sivyer Steel Castings (quar.)
(quar.)__
$$1.25
25c
Snap-On Tools (stock dividend)-,—
(quar.F___—
Southwestern;States Telephone,
1
com.
(quar.)
Class
Mills,
B
:
Ltd.
Extra
changed
dividend
6-
5-10
6-
5-10
6-
5-10
6-
5-20
6-
5-20
6-10
5-10
6-11
5-13
5-17
3:50c
6-28
7-
2
7-
2
6-14
6-10
5-20
6-14
30c
5-15
5-
25c
_IZ
(quar.)
6-14
5-31
6
Sun
Co.,
Inc.
new
Stock
35c
III
6-14
6-
1
6c
(quar.)..
6-
45c
(quar.)_
6-14
6-
1
5c
5%
convertible
preferred
Transit
Corp.
I
(quar.)
37'/2C
(quar.)
50c
.
American
3'/a %
American
6-
4
5-15
Tennessee
5-15
Fund,
Gas
Inc
Lines,
8c
Inc.
4'ft%
American
Texas
Texas
Fund
(From
investment
income)
Gas
4.96%
5.40%
preferred
Thatcher
The
5%
Markets,
initial
Townsend
Oil
Co.
Treesweet
Tung-Sol
4.30%
Wire
Stock
7-
1
G-14
30c
6-15
5-31
6-
7
5-24
20c
(quai\)__;
dividend)
7-
1
6-
7
7-
1
6-
7
31'Ac
r__
7-
1
6-
7
5%
_•
15c
6-24
5-13
5-24
5-10
5-31
5-21
35c
C-
3
5-15
53^0
(quar.)
6-
3
5-15
12V2C
I
com.
(quar.)__
(qijar.
5-
6
r.
33c
6-
1
$2.25
~
.
6-
1
.
Rope-(quar.)
dividend
i
-
:_i
-
(quar.)
Ftmds
5-15
•»,
6-17
5-31
•
6-17
5-31
56V4c
6-21
6-
•
15c
6-
1
&
Fund
lc
(16c from
from
securities
*-•], ft
net. invest-
profits)
.
-J"
7c
5-31
7
5-15
Inc—.
Uriited Science
ment .inc.
25c
5-15
iq %
(quar.)
Black
4.20 %
preferred
6-
1
5-17
7-
1
6-14
7-
1
6-14
6-
1
5-15
<
5-15
preferred
Bros.
Blue
4-26
5-15
5-20
1
5-20
7-
1
6-14
7-
1
6-14
5-15
4-30
75c
75c
6-28
6-15
6-28
Ridge Mutual Fund, Inc.—
investment
net
(From
ft
6-251
6-1
5-14
and
5-15
4-30
Boston
6-25
•
from
lc
5-24
Boston &
■6-25
5-24"
;
Fund
capital
(reduced)™
6-17
6-
5c
1
gains)
ft
5-20
4-20
ft 4-30
3
-
.
—
11c
5-27
$1.25
6-28
..$1.25
9-27
9-24
...ft"$1.25
50c
investment
(from
5-14
25c
Bondstock Corp. (5c from investment income
Brass
4-23
j
8c
7-20
&
-ft.
/,
income)
Bohn
Aluminum
6-15
6-17
C.)—
4-26
12-27
12-24
income)
Maine RR., $5 preferred
(quar.)—
$5 preferred (quar.)™
5-17
Bowater
7-
1
6-14
Bowes,
J25c
6-
1
5-
$57c
5-31
5-3
Brazilian Traction Light & Power Co. Ltd.—
25c
5-25
4-26
6-25
Bridge & Tank Co. of Canada, Ltd.—
93%c
Ltd.—
$5 preferred
t
ft,
;
V
(quar.)
25c
87J/2c
45c
*,
(quar.)
«
ft
ft.
1
1
5-15
British
ft;,,,..,
5-15
y,
;
4-23
5-15
4-18
6-15
6-
5-24
5-10
9-16
8-31
12-14
11-30
5c
5-15
4-30
5
American
Registered
shillings
6-10
5-10
6-
1
5-14
shares
6-20
5-20
Broadway-Hale
Brockton
6-
1
$3.80
5-21
6-14
5-31
Bruning
Buck
Hill
6-14
Buell
Die
5-
Bunker
25c
5-15
1
1
Lines
&
5%
non-cumulative
preferred
5%
non-cumulative
5%
non-cumulative
preferred
preferred
(quar.)
(quar.)
(quar.)
Pulley (quar.)
Seating. Co. (quar.)
$1.25
6-10
$1.25
9-20
9-10
$1.25
12-20
12-10
37V2c
;
6-20
Co.
but
Burns
less
&
Co.
Bush
Terminal
5-
60c
6-14
5-24
7ft>C
6-20
(quar.)
American Title & Insurance
(Miami)
Water Works, common
preferred
(quar.)
5V2 %
preferred
(quar.)_
(quar.)
<quar.)__
(quar.)—;
"
Co.
6-
5
~
6-
1
5-15
Calif.
6-
1
5-15
California
6-
1
5-15
Calif.
6-
25c
1
5-15
6-26
5-29
7-
Byllesby
6-26
5
15c
5-15
55-
3
6-
5-
1
6-
1
5-
1
25c
6-
1
5-10
1
30c
6-
1
25c
6-
1
5-10
5-15
4-30
5c
5-25
5-15
5-10
4-10
3Vid
5-21
3-27
(quar.)
inc.
5-15
tax
15C
7-29
7-
9
10-
9
5-
1
10-29
31c
5-15
15c
preferred (quar.)
Co.
(increased)
6-
1
5-15
5-
6
4-19
2%
.
71,1,0
30c
6- 1
5-10
7-25* ' '
6-27
6-14'
6-10
5-29
5-13
15C
common
Telephone
Corp.
Service,
Co.
common
convertible
5.55%
preferred
55c
4-30
4-30
4-30
(quajft).-;—i
—
'
33c
-33*rC
,
32Vac
(Continued from page 48)
-
\
4-30
5-15
4-30
5-15
.
'
(quar.)—
preferred F
5-15
21VzC
33% c
(quar.)™—
*
5-15
5-15
5-15
34%c
•
(quar.)
D
preferred
1
4-30
31 %c
convertible
'
4-26
5-15
32%c
convertible preferred E
'
3
5-16
(quar.)
ft5.36%
G
5-
1
55c
) 5.20%
5.28%
4-17
6-
17 %c
(quar.)
(quar.)
5.30%
.
(quar.)
5-10
19C
Co
Power,
4.44%
1
•»-•-.—425c
-
6-18
1
$1.10
preferred H (quar.)
preferred I (quar.)
preferred J (quar.)—
preferred C (quar.)
.
.
7-
30c
Co.
$1.25
&
M.)
Packing
Water
5.20%
1
5-15
(H.
Interstate
'5.08%
;
-
5-
$1.10
(stock div.)__
California Electric
J15c
-----
4-29
5-15
1
5-15
2'2C
;
V C!asi A (,quar*Jrr
;
Anglo-Huronlan, Ltd. (s-k-r Angostura-Wupperman (qhar.)
Anheuser-Busch, Inc. (quar.
Bush Terminal
5-
$2.25 ft
fquar.)______
Anglo-Canadian Telephone-^-
6-21
35c
;
15c
Building
1
3IV4C
'
____
3-29
15c
5-15
31'/4C
5% class B preferred (quar.)
American Zinc, Lead &
Smelting (quar.)
Amoskeag Co.. $4.50. preferred (s a)
Anderson Electric Corp., com.
4-29
6-11
of depositary
Corp..
6-
25c
37Vic
common
■
3
6-21
ordinary
(quar.)
15c
(s-a)
6%
three
(quar.)
34y8c
American
each
(increased)
(quar.)
Biscuit
5-31
33Vz%
Quarterly
Burry
7
75c
Foundries
4-29
(quar.)
expense
5-
Steel
4-29
6-14
dividend)—
share -(10
Ltd.
(final)
payment free from British
5-10
Smelting & Refining
4-29
6-14
Gas—
Machine
&
6-
American
6-14
—
Stores
Falls
5-15
American
for
par)
30c
5
5-15
5-31
33y3%
Mines,
This
1
2
33V3%
Sharpe Manufacturing (quar.)
(Charles) & Co. (quar,)
Hill
Burma
6-
7-
33y2%
:
held)
preferred
Brown
7-
5-10*
4-24
95c
Bearer (stock
Ordinary
Taunton
6-10
20c
(quar.)
Brooklyn Borough Gas Co. 1
4.40% pfd. (quar.)
4.40% preferred B (quar.)
Brown Co. (quar.)
(Galveston)
6-28
Ltd.
5-24
5-24
172V2C
--125c
(quar.)
Oil,
and
36c
$1.12Va
4-24
5-24
150c
Tobacco-
additional
(One
6-29
5-15
lid
35c
5
4-23
15c
American
35c
7-
1
5-31
tlOc
5-
6-
t$l
Final
•
3
,5-14
a22c
-
Ordinary regular (stock divid.)
Amer. dep. receipts (stock divid.)
Ordinary bearer (stock dividend)
Amer. dep. receipts (stock divid.)
British American Tobacco Co., Ltd.—
;
.
5-20
15c
American Photocopy Equipment Co. (quar.)_
American Pipe & Construction (quar.)
ft.
;
Airways
B.'itish
4-26
4c
50c
(final)
;
$2.90 preference
66-
5-10
25c
(quar.)
Ltd.
Braiorne Mines Ltd
Braniff
3
,50c
62V2c
(quar.)™—
(resumed)
Paper
Ltd.
9-10
:
5-20
1
—_—
4-26
12-10
Class B
1
6-
30c
5-17
9-27
preferred
5-20
6-
$1.06Vft
—
5-10
35c
v
.
(quar.)
Glass,
1
6-
(increased)
common
preferred (quar.)
•6%
preference
(quar.)_,
Blue Ridge Insurance Co. (Shelby, N.
12-30
Window
(quar.)
Tobacco,
8
5-10
6-
$1.05
j
convertible
3C
American
(quar.)
Blackstone Valley Gas & Electric—
5.60%
preferred (quar.)
6%
5-
1
5-15
$1.40
(quar.)—
4.25%
6-
$1.18%
(quar.).
preferred
Bloch
6-17
4-25
7-
35c
(quar.)
1
1
5-15
60c
(quar.)
6-
6-13
"8V2C
4.56%
3C
American
50c
common
4.75%
3c
American
5-18
5-7
6-10
(quar.)_
___:
Insurance
President
1
1
common
Light,
5-18
Quarterly
American
66-
5c
preferred
5-18
10c
50c
-
(quar.)
&
5-18
1
(quar.)
common
Electric
National
Corp.,
5-31
1
6-
________—50c
5-17
6-14
4-25
6-
——
1
5-17 r
6
6-15
$1.06y4
5
5-24
5-
$1.18%
■
5
5-18
5-20
25c
Bourjols, Inc.
(quar.)
Co.
Steel
Oil
6
6-19
17y2c
_____
(quar.)™—
Hills Power
Quarterly
Quarterly
5%
$1.50
System (Kansas),
United Cgn A Glass Co., series A
pfd.
United Iakurance Co. of. America
United
6-14
31'Ac
preferred B
Products
5%: preferred
Union
5-23
1
(quar.)
(quar.)
Electric, common (quar.i_^__.
preferred (1954 series) (quar.)
Gas
6-15
7-
,
Unilac, Inc
Union
5-10
2
$135
~
common
(stock
■
5-29
25c
(quar.)
preferred
convertible
Tidewater
9-13
10c
Mfg.
(quar.)
Fair
5%
6-14
1
$1.24
(quar.)
Glass
Thorofare
5-
1
5c
(quar.j__
Transmission, common
preferred (quar.)_
5-31
710-
Meter
Co.
&
5-
5-15
30c
(quar.)
preferred
Best
6-10
2
5-15
3
(quar.)_.
5-3
Metal Co., Ltd.—
preferred (quar.)
5-15
5-15
15C
~
(quar.)
4%
5-15
American
3
6-10
(quar.)
4-22
30c
3
6-10
2
3%
(quar.)
preferred
3
,50c /
Products Corp. (monthly)™
Hospital Supply (quar.)
American Indemnity Co.
(Galveston Texas)
5-31
2
uiv.)
(quar.)
6-
12J/2c
American
6-
77-
(quar.)
Co.
common
preferred
5-15
22y2c
American Home
6-
Corp.
Heminway
Howell,
4%%
1
25c
<te
6
i25c
ft__^ '.325c
s
(stock
4% %
5-17
30c
(s-a)
15c
Natural
Quarterly
Gas
5-
6-29
Tiling (quar.)
Casualty (quar.)
Furniture
1
7-
Aircraft
&
Bishop
(quar.)
Cable
4
6-
6-
Bell
1
4-24
6
5-
135c
Belding
3
5-
7
5-15
(quar.)
Beech
6-
5-31
S.) Shoe, common (quar.)__-i_____'ft
25c
preferred
(quar.)—_™__™___™___
$1.18%
preferred
(A.
4% %
7-15
12y2c
Encaustic
5-15
3
Beck
5-31
6-14
4-30
6-15
90c
common
—________
5-1
$1.25
Business
&
Ltd.,
$1.15
Shares—
ft
(Quarterly from investment income)____„ '
Can
Co.
(quar.)
Chain
Co.,
(quar.t
$1.05
American
American
A.
1
1-
6-
5-15
S1.37y2
;
6-
____________
Board
American
Class
6-15
30c
8-26
6-28
liquidating)_
6-5
Inc.,-common
preferred (quar.)
Box
Lumber
9-16
t75c
5-15
6-14
5-16
Paper Co., Ltd,—
Beckman Instruments
6-
5-16
8-26
6-14
$1
5-16
Airlines
conv.
American
<second
87V2C
(quar.)
preferred (quar.)_J
Ambrosia Minerals, Inc.
American
Television-Electronics
1
Holdert
6-11
6-14
9-16
60c
(quar.).
5-17
8-
6-26
9-30
12-31
180c
6-10
(quar.)_
Canada,
5-15
i;
-15-58
;
6-
preferred
American
common
common
of
6-
6
5-
7-15
(extra
6-
4y2%
American
dividend
Syracuse
4%
(Calif.)
1
6-
40cJ
Quarterly
(see
name.)
(quar.)
Ray Drug Co.,
Aluminum Co.
5-31
10-15
(quar.)
Ltd.
quar.t67'/2c
of America,
preferred
Canada,
' 31V20
(increased
American Fire &
under
Broadcasting Co.,
B
$3.75
5-31
6-21
50c
$1
32c
,
When
Co.
A
Beaver
4-30
(quar.)
Aluminium, Ltd.
Aluminum Co.
6-21
$1.50
75c
6-20
!
5-27
2?C
5%
"
4-30
(quar.)
7-
6-10
New com. after lour-for-one split (initial)
Class
preferred
5-10
$1.50
50c
6-14
1
Stoiiega Coke Si Coal—
Sforer
4%
5-17
;•
25c
7-
$37y2c
(quar.)_
Class
Payable of Reo.
35c
ioc
15c
Weiman
to
announce't
>
5-17
6-15
80c
of
Bathurst Power &
3
(quar.)
Allied Mills, Inc. (quar.)
Allied Stores Corp., common
6-15
.
..
Allied Control Co.
Oil
Basin
3
preferred
6-15
3'
t31 V*C
Bastian-Morley Co., Inc.—
SVa%
preferred
(quar.)—
6-
iquar.)
5-15
1
6-
$1
62y2c
Alloy. Cast Steel Co. (quar,)__.
Alpha Beta Food Markets, com. (quar.)
5% preferred A (quar.)
Alpha Portland Cement (quar.)
7-15
—
Name
common
5-31
55c
(quar.)_
(quar.)__
Sterling Aluminum Products
Sterling, Inc.—
'
Co.,
6-14
C2yac
(A.)- &■ Co.
Supply
Steel
1
"4-25
50c
$1.12Vz
(quar.)________
Allen (R. C.) Business Machines Inc. (quar.)
Allentown Portland Cement—
►j.
Class A (increased quar.)
5-17
<J3%C
Paving & Materials,
Fuel
5%
6
35c
,
(quar.)
Stein
5-31
Wood
6-28
33c
preferred A (quar.)
State
5-
25c
(quar.)
Standard Oil Co. of Indiana
(quar.)_
Standard Oil'Co. '(N. J.)
(quar.)
Standard Oil Co. of Ohio, common
Standard
5-17
25c
common
(quar. y
5-31
Bethlehem
30c
.
ft
6-11
6-
Gas
1
5-
5-10.
7-
Quarterly
tlOc
preferred
5-
6-12
-
preferred
127'/2C
________
6-14
....
preferred -(quar.)
preferred
-(quar.)
5-10
Ltd.—
$1,50
(s-a).
5-24
30c
:
30c
;
.$6 preferred
Spiudale
1
Stores,
(s-a)_^
.6-12
from
•
'ft • ftftjft
RR., common
Barber-Ellis
3
10c
150c
100%
(initial)-—
Southam Co./ Ltd; (quar.)
Southwest. Natural Gas, common
SI.28
Alan
5-31
5-31
.
Signal Oil 6c Gas,-class A (quar.)
Class B (quar.):—
,$1.32
5-24
7r 2
Shoe Corp. of America (quar.)___
Sigma Mines (Quebec) Ltd, (s-a)_;
common
5
30c
preferred B (quar.)™:
Sheaffer -(W. A.)
Pen
(quar.)__
New
6-
7-
^56'Ac
4V2%
j
4-23
$50c
___t
Shuwinigan Water & Power Co.—
4% preferred A (quar, )_____l.
1
gains)
3
VIOc
.
__________
Berkshire. Hathaway, Inc. (reduced)
Bessemer Limestone & Cement, com.
Co., common (increased)
(quar.)____
Corp., common (quar.)
$3.50 prior preferred (quar.)
Alabama Power Co., 4.20% pfd. (quar.)
4.60% preferred (quar.).,—
Alabama-Tennessee Natural Gas (qiiur.)_-,_!i'
6
5-
capital
'»4-26
5-21
(quar.)
Ohio
&
5-27
15c
Reduction
Alabama
6
5-
30c
-
5-
5-20
30c
(quar.)
5-14
25c
Co. -(quar.)
realized
.'6-
1
12 Vac
5-
income
(quar.)
preferred
4.50%
3
35c
from
1
6-
1
(quar.)
5-15
Inc.—
net
"
(quar.)
6-10
25c
undistributed
5-15
6-
(quar.)
6-10
27'Ac
Manufacturing Co
from
cents
preferred
5c
(quar.)
com.
(quar.)_
(quar.)
7-1
5c
_______
(J. D.)
(10
Air
Croix
Process
com.
10c
!
Inc.,
,5-10
6-15
—_
________
5-31
12V2c
(quar.)
5-10
1
!
Common
5-22
8
week, these being given in tht
preferred
quarterly
1
(quar.)
(quar.)
4% preferred (auar.)
Bangor & Aroostook RR.
6-
Share
Products,
convertible
"A"
Bailey Selburn Oil & Gas, Ltd.—
The list does not Include divi¬
(quar.)
:j:25c
Royal Oak Dairy, Ltd., class
Ryan Aeronautical (quar.)
Ryerson Sc Hayues, Inc.
St.
Inc.
6-
(quar.)
com.
Valley RR.
Sealright-Oswego Falls
P.,
6-28
(quar.)
Genesee
A.
30c
.
Ltd.,
Co.,
5-10
dividend
$1.40
20c
(quar.)
&
6-18
1
6-15
50c
,/
—'
(quar.)™
25c
ft/ft
:
1
6-
6-
5- 3
Per
6-28
Collieries
25c
:
paid.
this
announced
tl2»Ac
_
Mines, Ltd.
(interim.)
Rheem Manufacturing—
4 y2%
convertible preferred (quar.)
5-15
5-29
5-15
6-
'6C
give tTie dividends announced In previoui
we
Fund
6
1
,*5- 1
5-15
>* J55c
—
15c
—
5-31
15c
MacDonaId
Axe-Houghton
6
5-
5-
7-
ft',
6
preceding table.
ft'.ftftkft
Marine Insurance—
Coal
(quar.)
Baltimore
Name of Company
Reeves
5-
5-10
26c
(quar.t
com.
(quar.)___,
(quar.)„
ft,
—
(quar.),^
10c
20c
Indiana,
5-15
5-15
A
3%
Prudential
(quar.)
6-10
Class
4%
6%
preference '(s-a»
Wyandotte Worsted (quar.)-—
of
4-30
5-
>
5-15
$4c
t20c
J12Vcc
(quar.)™—;;
Baldwin Piano Co., 6% preferred
6% preferred (quar.)_
Yard-Mail, Inc.
(quar.)_^i.^^_—
Yates-American Machine Co. (quar.»—____
Co.
5-15
40c
5-20
preferred
6-17
'
4-20
preferred
1
1
6-15
50c
Mines,
Baker Industries
<
1
Service
7-
Gold
6-
50c
—
Ltd. (quar.)_.
Auto Electric Service Ltd., common (quar.)
Ltd.—
Co.,
6-10
3V2%
Aunour
a
on
50c
4.16%
6-14
4-30
$1
tquar.)—
com.
common
6-10
6-15
1
30c
ft;
Ltd.—
1
-
directors'
a
r *
-
<fc
;_
Co.,
6-24
;
1
Connecticut—
of
preferred <s-a)
Atlas Sewing Centers, Inc.
Stock
(quar.)
W.)
Co.,
5-31
7-
6-
•:
'
51/2%
meeting to be
Providence-Washington Insurance Co. (R. I.)
$2 convertible preferred
Public
Atlantic Wholesalers,
5-15
25c
proposal to split the capital shares
5-31
Industries
'ft 7-
Atlantic Refining
6-10
-
1
5%
will vote
May 21
on
two-for-one
6-
«-
__
1
6-
:
5-31
6-15
(s-a)_^___—__—ft $2.50
6-10
7:
time)
^
annual
the
preferred
Ayshlre
(qtiar.)_
at
Co.
5-
6-14
$1.50
(quar.)___
;—;—;
15c
(quar.r_^__-
Co.
Stockholders
5-23
+$2
,
5%
Wisconsin Central RR. Co.—
'$1
Coast Line
Quarterly
Atlantic Coast Line RR.
1
6-
25c
5-10
1
ft. ,01c
(quar. 1
Atlantic
5-10
6-14
6-15
participating class A
20c
1
ft^^'ft,';/' ft* ft:"*
<s-a)-__™
1
i
quar.)—
5-
6-
30c
preferred
(quar.)
________
Telephone & Telegraph Co
11c
ft
—____
omitted
payment
$4
5-15
6-
7_
-
(initial
preferred
5-
6-
93%c
7VjC
8%«
56ViC
50c
$1.31V4
(initial quar.)
com.
5-
6-
1
5-
6-
Sl.ieVt
t20c
common
Atchison, Topeka & Santa Fe Ry. Co.—
(Increased quar.):—
:—
-
.
6-
45C
(initial
fts
81.31%
•
Co.—
5-20
1
6■
■fihv. 75c
(quar.)___
6-
$50c
•
4-22
25c
(quar.)__:—.ft——
5-
6-
31c
Equipment Corp., 4J/2% preferred (quar.)
Dry Goods, common (quar.)_—__
Associated
5-31
$1.50
^
(quar.)__—-
Baunier
Williams
Gas
6-
$1.37'/2
(quar.)_'__
Water Co.
Propane
.^.
25c
$1.25
.
'.'•ft/ft'
common '(quar.)___^_____
1%
tquar.)2_;;—
pfd.
Co.,
River
Wickes
6-10 ft
6-10
-
3
6-14
60c
'A-%preferred -(quar.)
Will
l'
;7-
Motor
White
1
5-
ft5-13s
•-
S1.75 :
Power—
J.)
White
6-10:
(s-a)
Co..'Ltd., 4%
&,
1
.
serial preferred
Price Bros.
6-
i_.
Ltd.
5-10
5-10
5-
•
,
Ry.—-
preferred A (quar.#
5V2% prior preferred (quar.).
Development,
5-10
1ft.
lac
common
ft
6-1
.$1.75
Co,,
dividend-
Stock
5-10 ft
1ft
1
6-
<.quur.)___
(quar.)
6-
6r
,
4%
(quar.)
(quar.)
common
Associated
Inc.-—
Utilities
Western
5-10
6*
■
preferred
Aro
5-16
1
ft
7c
(quar.)__-__-__^.
Weston
112'ic
(George), Ltd., class A (increased)
:
Class B (increased)
tl2^c
$$1.12 Va
«4»/2% preferred (quar.)—
Whitaker
50c
Paper
(quar.)___-___-ft_ii______
5-24
5-31
-
-4.80%
5-23
6-
/ft; 23c
iquar.)__^___^—
West' Coast Telephone 4qhar.)
West Jersey & Seashore RR. (s-a)^a
.
42V2C
(quar.)
5%
Potash
$1.25
:
Wayne Si Chicago
Pittsburgh Steel
Placer
12 V2C
(quar.)
preferred
5-20
3
6-12
75c
Wesson Oil k Snowdrift Co.,
Inc.
6-
40c
*_■;
(quar.)—
Aluminum,
convertible
35c
5-31
5.25%
Weiman Co.,
5-21
98%C
.___™___
(quar.)
Pioneer f inance, S*2%
Pittsburgh It.
„
ft'
—
6-21
6-
28c
62y2c
59c
60c
$1.08^
27y2c
30c
—
Altex
6-20
$1.50
Inc._________'—
Washington Natural Gas Co. (stock dividendi
3
20c
5-15
25c
Co.
iquar.i
(Northam) Corp.—
convertible preferred
(quar.)_
$3
5-10
4
split)—
5-20 :
6-
$1.2334
(quar. )c
two-for-one
Springs,
Hot
3
Co.
7-
1$1.3iy4
(quar.)___^
(quar.)
Armstrong Cork Co., common (quar.)
$3.75
preferred, (quar.)
_______—_
Arnold
5-11
6rl0
9V/iC,.
,...
—___ft.™_
lquar.)„,
preferred
-
i
(quar.)'-
com.
Virginia
66-
'j.,/ "r '*
(quar.)
—_
Power,
preferred
Corp., Ltd.,
Argus
5-15
r
65c
1 *
common
Gas
4.65%
1
5-
1
6-
$1.25
5-17
75c
t..:;
—j.—.
Philadelphia Suburban Water,
$3.65
preferred ■ (quar.>_
$3.95
preferred - (quar.)_
i
after
5-15
,
50c
(quar.)____^______w
6r "'2::
30c
common
Steel
6-10
•
45c
•
—
Phelps Dodge Corp. (quarJL
;;;~i
Philadelphia Suburban Transportation—
New
tInitial
3c
"ft
6- 3
.,25C
,
(Increased
'"'.V
(quar.)
Vlrginia Coal & Iron «quar.)
Virginia Electric & Power—
5-17
40c
Company
?2C
-
(quar.)™—
Ar Hopewell
Petersburg
pfaudler
conv,
Vanadium-Alloys
6-
40c
_
Peoples Drug Stores (quar.i
Peppered Manufacturing (quar.)_._™,~.-_™
Perfect
90c
Upper Canada
...
(quar.)—
Pennsylvania Utilities Investment Co. (quar.)
Peter
5-
.
Service,
Public
1
6-
22'/2C
preferred »quar.)
Mines, Ltd._______—
Utah-Wyoming Consolidated Oil (s-a)_
Pennsalt
C
5-17
-$1.75
:——
20c
pa ton Mtg.. Ltd., common (quar.)—-——
$20c
7%
preferred (quar.—
—..—C,4.; : 4 35c
Pembina Pipe Line, Ltd.—
...ft
■■'■W ft,ft;ftf
5%
1st
preferred (quar.)™...™—$G2'/2c
'.
5-15
1
Universal Winding Co.—
Line
East
5Vi%
'
5-31
6-
rayable of Rec.
Share
6-10
7c
preferred
convertible 1st preferred < quar.>___$0.3281%
Corp. (increased
(quar.)—
60c
Pacific Fire Insurance (N. ¥.) (quar.)
60c
Pacific Far
Company
Holdert
When
Per
Name of
Anthes-Imperial Co., Ltd.--$5.25 preferred (1955 series)
75c
<quar.)_—.—___________—
Universal Consolidated Oil (quar.t
—;—
Pacific Finance
'
01 Kec,
.+1
22'/ieC
(s-a
casualty
7%
^
Hoideru
$1.10
; ■
from
lc
Co., conv. preterred
U. S. Steel Corp., common (quar.
1
6-
6-10
(6c from net investment
securities profits)'___
JJnited Science Fund
U,
Ontario Beauty
$1
When
Snare
Name of Company
5-21
6-20
6-16
Payable
Per
Hoiaen
'ayable of Rec.
Share
Name of Company
.
Commercial and Financial Chronicle... Monday, May 6, 1957
The
(2106)
4-30
5-15
4-30
5-15
4-30
5-15
4-30'
Volume 185
Number 5635
...
The Commercial and Financial Chronicle
(2107)
Stock Record «» New York Stock
Exchange
DAILY RANGE OF PRICES
YEARLY RANGE OF SALE PRICES
Range for
WEEKLY VOLUME OF TRADING
FOR EVERY LISTED STOCK
Previous
STOCKS
Year 1956
Lowest
Range Since Jan. 1
Highest
37% Dec
6
45% Apr
6
37% Feb
12
98% Dec
14
109% Feb
7
98
Jan
28
45% Apr
103
Apr
LOW AND
NEW YORK STOCK
Lowast
Highest
Abbott Laboratories
17
4%
30
11
Dec
4
14% Jan
9
11% Jan
2
14% May
1
ABC Vending
Oct
1
67 % Jan
3
58% Jan
2
64
9
July 30
22
15% Jan
28
13% Apr
32 Va Feb
12
38% Jan
8
4
23% Feb
12
24% Apr
10
5
...
14
20
Apr 10
29% May 25
37% Dec
22
29 % May
Sep 19
23% Dec
108
Jan
19
12% Dec 31
ll7/a Apr
4
24
July 17
132
32% Jan
6
154
22 Va Jan
3
22% Dec
r
19
31
Mar
Feb
,10% Mar
20 Va Jan
28% May
1
12
5
14
1
36% Feb
9
52
Dec
10
46% Feb
13
136-
Feb
9
190
Dec
13
176% Feb
15
155
Nov
9
163
13
; 27% Jan
Acme Steel
Adams
11
167% Apr
-14% Jan
ACF-Wrigley
43%
44
*101%
103
22
4% Feb 16
17
Dec
11
111
Dec
14
117% Jan
19
16% Dec 21
23% Feb
23% Mar 22
6
Dec
,77
6% Dec
31
88% Jan 23
31
10% May
241% Sep
14
115
Dec
5
30
Jan
Nov
241 % Sep
105
12% Dec
7
Mar"~5
16% Feb
110
Mar
13
6
3
Aetna-Standard
May
2
Air Reduction Inc common
Apr
26
77% Jan
5% Feb
11
May 4
64% Dec 17
30
117% Mar 27
102
52% Jan
29
Jan
11
13
Jan
25
3% Apr 28
Nov
88
129% Apr
9
25% Aug 15
28
21% Dec
11
29'ADec
26
36% Apr
8 %
23
Alaska
8
7%
14
«•
Apr 22
85% Mar 27
Apr 22
65% Apr
3
109
Feb
14% May
4% Jan
98% Jan
26
2
17
3
13%
13%
33%
33%
24%
24%
Engineering Co
pfd
1951
Gold
26%
29
29 y4.
55%
56%
207%
208%
r
*152
preferred
Industries
No par
Inc
*124
Chemical
&;
21% Feb
18
23
Jan
8
30% Jan
8
Allied
Mills
Dye
21
56% Jan
4
26
97% Jan
3
76
Mar 12
82
Jan
30
29
37 % July 25
32
Mar 25
35% Apr
10
8
125
Mar 12
47
July 11
34
Apr
17
82
Feb
14
99% Feb
9
133% Aug 10
150
July 17
108
Mar 15
35 % Jan
18
80
Feb
11
111% Feb
12
46% May
1
115
Jan
10
39
Jan
4
100
May
141% May
47% May
Aluminum
Aluminium
26
1% Feb
11
2% Jan
15
Feb
4
30% Feb
21
Jan
2
29% Jan
16
104% Feb
12
9
60% Feb
27
66% Jan
15
26% Mar 16
17% Apr
18
24Va Jan
3
28
~3%
Jan
13
Dec
31
39
Apr
3
27
24
Sep
27
31% Nov 19
26
91% Jan
10
121% Mar 23
58
Dec
4
22
Sep
105% Sep
19
27
79
Jan
126
Mar 19
126 % May
2
3
113
Jan
2
10
36
Feb
7
89
Apr
31% Jan
17
Oct
7
37
Apr
25
95 % Dec
7
108
Jan
26
95% Jan
9
99% Mar 28
27% Mar
8
30
64
31% Oct 29
16% Jan
23
39% Oct
1
99
28% Mar 25
31
Jan
70% Jan
May 28
62 Va
66
Mar
23% Aug
47% Dec
118
Sep 28
Dec
9
Apr
16
2
11
19% Jan
2
41% Feb
12
11
104% Feb
12
15
5
6ft
19% Dec
3
32% May 21
20% Jan 11
4% Dec
31
7% Mar 12
40
Oct
38
1
49 % Apr
2
Nov
20
45% Jun
18
38% Jan
27
61% Nov
12
53% Dec
3
27
Dec
67
13
27% May 15
81
Dec
18
61
Jan
37% Apr
12% Dec
5% Jan
39% Feb
Feb
14
79% Dec
26
18
3
39% Jan
48% Mar 11
27
28
4
25
88%
90'A
22%
22'A
22'A
28%
29
28'A
29
46%
46
46%
46%
46%
79 Vb
79
79
*77%
79 %
33%
33%
341/4
35% May 28
11
American
European
31% Feb
1
American
17% Apr ?3
39 Va Apr 30
American
26 Va Apr
18
14% Feb
6
23% Dec
4
2
'34% Feb
14
Feb
11
31
20
25
142
Va Nov
7
112
84% Jan
31
143
Aug
7
118% Feb
13
11
Dec
31
96
Dec
4
13% Nov
29
15
Dec
95
Dec
14% Mar 21
Apr 26
Apr
2
Jan
9
17
14% Jan
2
28
17% Apr
17% Jan
3
15 % Jan
2
106 Va Feb
21
95
Jan
21
40% Dec
11
31% Feb
12
93
35% Feb 10
25% NOV 29
Mar 29
45% Nov
7
34% May
4
83
41
16
21% Apr
27
25
13% Jan
30
18
Apr
5
8% Jan
3
70 % Sep
17
28% Feb
6
33% Dec
3
33% Nov 21
40% Jan
9
43
54% Aug
9
24% Mar 20
8
_
150
Dec
5
19
6
Dec
28
Nov
Feb
21
14
12
42
Jan
Apr
25
39% Jan
Dec
Jun
26
Feb
Dec
10% Dec
Oct
68 V« Oct
28
146
Jan
19
28
16% Jan
16
187'A Feb
1
1
84'A Apr
30
26
145'A Jan
27
23
Jan
25
Dec
51% Jan
7 ft
noncumulative
6%
Co
18
New
7ft
7%
Tel
Tobacco
2
4
13
78% Jan
31
American
2
131% Feb
14
18
17
25% Jan
18
Mav 28
23% Mar 13
23% Apr
24
25
87% Mar 19
85
16
Jan
6
6%
14
American
6
Preferred
29
19% Mar
7
57% Feb
19
72% Jan
9
90
Dec
3
10
Feb
25
81
2
Anaconda
2
31% Feb
12
37% Apr 26
94 % Feb 20
107
For footnotes
Jan
42% Dec
12
90'A Apr
9
13
July 11
39% Jan
30% Feb
13
35% Mar lg
25% Jan
8
43%
see
page 26:
4
48% Feb 20
39% Jan
40
7
Mar 20
51/8
23%
23%
24
20'/a
20'/a
20%
5'/a
5
43 Va
23%
23%
*19%
20'A
27,600
200
5%
5
51/4
7,500
43%
42
42%
40,700
43
39%
39%
39%
40
39%
40
59%
58%
«0
60
60%
60
60%
58
58
58
58%
58%
*59
59 V*
800
42%
39%
;
39%
2,400
12,800
28'A
28%
28%
28%
28%
28%
'700
35
35 Va
35%
35%
35%
400
89%
80%
*87
*87
89
80
79
79%
79%
80%
80
81
29 ,v"
29
29%
29'A
29%
29
29%
29
29
12 Va
12%
12 V2
12'A
12%
12%
12%
12%
12%
2,100
21%
21%
22%
22 Vb
22%
22
22'A
22
22
6,700
46 %
*451/4
46'A
*45»A
46'A
46'A
46%
*46
38—
•87
89%
78%
89'A
89
*87
*
20,800
4,000
46%
100
27
27V8
27
27%
27'/a
27%
27'A
27%
17 Vs
27 Va
17'A
17V4
17
17'A
17'A
17'A
17%
17%
11,300
15,600
39
15,800
38%
-38%
22%
22%
38%
39 Vb
22%
23
38%
38%
122%
22'A
114
116
116
112
115
*110
140%
139%
139%
138%
141
140
*12%
12%
38%
22'A
115
,
142'A
$4
99
99%.
37%
82
38%
22'A
*110
139
22%
1,700
114%
800
140
2,700
&
Hocking
56'A
267A
27'A
95
94'A
94 'A
25
25 Va
247/a
25
27'A
*24%
Corp
21.80
10
14
~
25%
15%
15%
15%
7 A
62%
31 A
6%
6%
6%
6%
61%
62%
60%
62%
60
61
31%
25%
25
25V4
27%
•27
27%
•26%
15%
*15%
15%
6%
15%
6%
15%
15%
700
6%
27,000
60%
13,200
2,300
31%
31%
31%
31%
31%
31%
33%
34%
34 Vs
34%
34%
351/4
35'A
35%
52%
51
52
50'A
51%
50%
51
16%
16
16%
15'A
15%
15'A
15%
*158
*158
162
*6%
162
6%
6%
28%
27%
89
86'A
53'A
52%
53>A
144
145
122
6%
6%
6%
29%
30%
88
86
87
5.',
51%
52%
145
144%
52%
144
144
44'A
44%
*44
123%
*122 Va
123'A
*122
38'A
38%
44
Vs
128
48/a
48%
128
48%
126
38%
49%
49
•132
127
45
123%
39%
50
135%
500
45
400
123
39%
49%
♦135
32%
31%
33'A
34%
34
34%
34
34%
34'A
34%
*34%
10%
77
10%
134'A
.,
90%
.
*42 /<
34%
37
*134'A
12,100
50
3,400
900
140
'34%
5,400
"510
35
135
boO
9»/2
91/2
9'A
9'A
9%
9%
1,600
178'/a
177%
178%
177%
178%
31,000
75%
10,600
75'A
75%
75%
123
75%
124
75%
123
450
123
122%
123
35'A
36
35%
3 6'A
36%
37%
10'A
10%
10%
10'A
10%
10%
26 VB
26'A
26 Va
26%
26
•24
67'A
78
36%
90%
43%
34%
38 %
135
30
40%
177%
26%
24'A
16%
73
134%
136
750
*44
31%
9 A
9/4
177% 177%
75 A
75%
5,300
17,600
123
33
13£,/ 135„,
2,300
146
33
34
9, *00
162
31%
*86'A
38%
44
*122
144
*158
6%
88
x52 %
162
2,400
121,500
28 'A
281/B
88%
•158
6%
28
44 %
80
2,500
6%
16%
144
11,100
59'A
34 %
38
38
3,200
'
25'A
52
37 A
42%
33%
12,000
150
56%
27%
95
*27'/e
91 %
43%
34 ,a
38
Mining
56'A
26%
061/2
25 %
91%
Co
Oil
55%
27'A
27%
37 A
&
55%
26%
37/a
No par
Clayton
82
54%
*95
26
*24
24%,
16%
66%
80
37
•24
16%
17
4,600
67%
66%
67
33,000
79 V*
81
80%
81
36%
37'A
*36%
37
1
•91
93
•91
94
900
1,400
'
•90 %
92
43'A
44
43%
44
44
44%
34%
35%
35'A
36%
35%
35%
*37%
38
300
24'A
16%
66%
67%
78
24'A
54,900
4,300
16'A
161/2
Corp—
preferred
2,020
37%
82
'
76'A
6.25
80
102
37%
82
96
■
*100
38%
94
No par
Glass
101%
54'A
26%
24'A
16%
66%
77%
'
25
Smelting—1
Cable
37%
•81 %
27
10/a
26
*24
16%
66'/a
Co
„
700
1
82
94
lOVa
*26
*24
16
66 %
25
.,101
37%
26%
135„. 136_.
Co com—5
&
101
54%
123
123%
34% 35%
series
37'A
*80
122% 122%
34
34%
series
♦100
371/2
82
100
-25
Lead
Wire
Copper
.
common—.—25
Works
Anderson-Prichard
Andes
16%
9 A
9(a
177% 177%
74%
75'A
Common
Anderson
-
12%
54'A
27'A
33%
100
Co
Corp—
5%ft
Zinc
Anaconda
67
Anchor
30'A May 28
26% May 29
Viscose
Preferred 6ft
American
7
May
800
44%
48%
48%
135
135 1
34%
35 A
25
5
Tobacco
Tel
&
American Water
Nov
Apr
12,200
35
37%
25
100
preferred—
42% Apr
Jan 23
231/4
•20
5Vs
50
American Sumatra
3
68,900
47Vu
36
122,,
1
new
2
72 % Feb
179% Mar
26 Va
116
291/8
44%
com__100
—
preferred
preferred
170'A Jan
Jan
115%
200
*35%
144
1
Foundries.—
common
American
121
46%
.
40
1,000
62%
581/4
34%
35 A
51%
52%
16%
16%
*153. 162
6 ,4
6 /8
28 s
23 A
87
89
54'A 55
1
preferred—100
Refining
25
25 Vs
47'A
116 V4
6%
61%
31'A
25
common
Sugar
24
Jan
Co
Stores
10% Apr
27 % Feb
29
Snuff
American
21
27
American
American
Jan
46%
1151/4
*15%
;
—.—-100
preferred——
7%
24
12
26 '/a
47'/a
117'A
*94
24%
*27Vf
No par
Refg com
26
9Va Jan
4
&
50% Feb
21
62'A
*28%
53%
26%
10
Steel
Jan
43
*99% 100^
37'A
37%
*82
84
"
—5
Co
American
37% May
12
——
Razor—
3
9'A Apr 23
25 Vh
26'A
64
30
28%
16%
Building Co—No par
Ship
15
132
46Va
139%
100
47% Jan
34% Apr
1391/3 Feb
25%
«
*116
*29V2
36
22%
No par
preferred
123% Feb
Apr
...»
47%
116%
•62%
113
Sany common—5
4
12
26
32% Jan
& Std
28
30% Feb
17% Dec
31% Dec
4
10'A July 20
3
63V4 Feb
Apr
13
23% Nov
65
9
Amer
Apr 24
-
No par
37% Feb
40
26%
46%
43 Va
17
5
120% Jan
157
62Va
30
28%
12%
21'/a
*45%
27
25
Co
Gas
Co
Amer Smelt
10
-1
Corp
Rad
3
621/2
30
*87
79
2
com
Optical Co_—;
Jan
25'A
64
116%
116
28%
*35
preferred——20
American Molasses Co
2
Dec
9
Products
Metal
News
45% Mar 12
,25%
■•47%,
30
23%
.-100
Potash & Chemical
106
*62%
30
201/8
100
convertible
Jan
15
64
30
5'/b
common—7
preferred
58
31% Nov
119
4%%
19
16
30
v
23%
&c Metals—>_No par
50% Feb
Nov
30
*19%
1
preferred
American
59'A Jan
98'A
5%
Metal Co Ltd common.No par
American Safety
113
98'A
23Va
100
& Fdry
American Seating
July 24
98'A
20'/a
10
preferred
Amer
Apr 18
33% Apr 29
165
prior
3.90%
American
31
132
5%%
American Mach
4
51
*97'A
1.7(H)
10
129% Mar 26
98'A
'A
16%
American
3
•97V4
98
16%
3
45% Jan
*97'A
16'A
22
13
1,200
98'A
16%
Natural
43% Feb
36'A
16%
24
2
1,000
35%
16%
94% Jan
46% Mar
39,600
94
36'A
18%
16%
Motors
24
19
94
36V4
•93
16%
American
155% Jan
18%
94'A
36'A
500
American
22
18%
931/2
35%
15'A
31
Apr
18%
93
36%
12%
22
143
18%
93
98
7
Apr
34% Jan
21
I8V2
36%
15
1
Feb
18'A
•96
56
2
1,900
*12%
36 Va Apr
6V8 Jan
63'A
15'A
7
27% May
300
63'A
64
12%
11
6
63 VA
98
81% Feb
Nov
v
•96
11
18% Jan
64
•15%
11
158
63 'A
40,200
93
5
Co—,—10
Feb
2
63 Va
300
123%
15
5%%
9
63V2
•1
23%
Corp——12.50
46% Feb
15% May
153% Jan
125%
97
American
Jan
122%
15
17
33% May
122'A
119
36%
47
—100
10
20
1
SS Co
29% Jan
33
118%
27%
126'A
97
15
2
27%
15'A
26% Jan
Jan
27%
12%
25% Jan
8% Mar 21
*27 Vs
29
96
4
64 Va Jan
27'A
15%
21
16
*27Va
12%
6
7
271/2
117
%
28
96
99% Feb
14
6,500
29
*19%
Products
26
174
13
87
5% Jan
11,900
1%
*28
15%
30
14% Mar 26
59
47 Va
1%
32%
*27
*
24%
Secur—-No par
& Electric
59 Va Mar 20
19
48
27
36% Jan
10
120
13
105
46% Jan 23
142'% Dec
Feb
8% Feb
21
56
177
Jan
46%
1%
*28
12 %
Amer
Jan
1%
32%
97%
Amer Machine
Jan
II,400
*15r,
2
30
22,500
*12%
3
Apr
2,000
99%
141 %
*96
28
Jan
37%
98%
140'A
47'A
47
IV2
37'A
400
»
141%
100
97
140'A
47
37%
116
noncumulative preferred—100
1
American Investment Co of 111
1
56%. May
94
l'A
*112
93
116
6ft
11
28
12
4
1 %
36%
97
100
44,700
''
18%
*62V2
American International Corp.
21
2
31
16
46'A
46%
37'/a
140%
5,800
34'A
American Ice Co common——No par
Jan
31
5% Dec
Feb
94
120
500
1,300
30
.—5
Hardware
23% Feb
108
55% Jan
38% Apr
78 % Mar 26
6
Mar 16
15% Apr 26
16% Apr 11
101 % May
2
37'/a
138%
♦112
34
15,400
98V4
Export Lines IncJ——40c
Foreign Power—No par
24
13 %
96
18%
371/s
931/4
138%
111%
89
♦28
117 %
64
111%
t
*3
*36V4
&
American Gas
American
Corp
American-Home
14
9
—
American Hawaiian
12
19
16% Dec
145% Apr
2
American
18
10% Feb
26
Jun
Feb
95% Feb
July
77% Dec
Mar
23% Jan
135
9
102
24% Feb
% Dec
prior preferred—
48% Jan
Jan
28
4%%
American Cyanamid Co
13
5
1 %
.
33%
*14%
*92
10
Feb
14
46%
1%
63%
par
...—_10
Co
45
16% Apr
43 % Aug
22
Colortype
American Crystal Sugar com
Enka
30% Dec
46%
1%
57%
American
10
46 Va
,
67%
14
27
92%
Xl38
40
27% Jan
17% Jan
36%
93%
60
26
13 % Nov
36%
139
45%
*77
■<
112
58 %
57%
Apr
7
112
*39%
21
Dec
34
118
36%
Co.——.—No par
11
48
79
33%
——25
—
Jan
3
45'A
79
33%
Cable-—No par
preferred
15
35% Jan
44%
79
*109
■:r
A
44%
33 %
1
12% Apr 30
1
43%
*77
43%
American
May 3
29% Apr 30
200
*22'A
..100
19% Aug
44% Mar 12
97% Dec
7ft
Co
Can
17
81
50
500
3%
89%
22'A
Corp—2
Distilling Co
American Encaustic Tiling—
9
36,200
14 Va
89%
Corp
1
common——12.50
Chicle
27
8
12
Jan
30
60%
108'A
28%
Radio
Chain
93 % Feb
Jan
66% Feb
31,200
132
59%
*108
28%
common
&
American
8
*127
61
109
88%
20
Inc
American
39% Jan
130
22'A
lo
preferred-,
2
3
84
Theatres
5%
16
10
59%
*108
20
8
294
29
com—No par
Co
128%
60%
109
*108
7%
*205
22%
—100
Anna
American Cable
60% May
Jan
130
59%
60%
IO91/2
7%
299
Broadcasting-Paramount
American
34% Apr
*120
59%
*108
*205
88%
preferred—100
convertible preferred
44% Apr 30
42 Va Mar
7
59% Apr
31% Jan
134
7%
299
20
800
72'A
28%
1
25
3
86
2
*205
7,600
18'/a
*21%
common
Shoe
7%
299
*72
17
114%
291/4
50
Bosch
Brake
72 "a
18 Va
21%
No par
preferred
ft
7%
♦72
16%
*114
18'A
72 1/8;
*72
7%
17%
114%
*17 Va
89'%
_1
American Bank Note common
6 ft
72 Vb
16%
♦114
18
88 %
*29
50
preferred
conv
18
21%
\
American Bakeries Co com—No par
4%%
16%
114%
17%r
400
14,700
3'A
92%
Agricultural Chemical—No
4,600
26,300
3
14%
—
Corp.
convertible
16%
*113%
17
114%
23A
*3'/a
137%
com
5,300
;
165
2%
14%
116 '/a
4
10
.
4,600.
225
*152
2%
3%
1
27% Mar 21
Dec
18% Oct
20 Va May
4
9
100
28
25
24% Jan
7
53% Jan
Dec
8
4
4% Mar
5
35
,
23
22% Jun
Jan
20% Mar
*218
165
2%
14%
Amerada Petroleum
Amer
19% Jan
223
*152
2%
2%
*124
27
Amer
21% Dec 20
*218
160
%
*26%
American
15
225
*152
61%
Amalgamated Sugar Co (The) —1
3%%
59
3%
—10
preferred
Airlines
30
58%
*219
32%
American
28%
29%
59 Va
160
*205
*28
Amer
28
29%
58'A
14%
No par
—
,
convertible
27%
291/4
11V4
3%
89'A
America-.—...
"When issued".
47% Apr 23
Apr
of
Limited—
Amalgamated Leather Co
26% Apr 30
117
Co
i 27'A
' *
Yk
14%
Mfg common—2o
convertible preferred—100
2
11
*3'A
Stores Corp common—No par
preferred
___100
4ft
2
45% Apr
1% Dec
28
Allied
I,500
11V4
3%
.18
4.08%
Alpha Portland Cement—
104% Nov
15
200
158
156
11
3%
Allis-Chalmers
40% Feb
58%
156
25
14%
No pax-
Dec
•24'A
14%
;_+
77
4,700
7,300
25'A
14%
———-5
30% Nov
3,400
24%
__5
-
42% Dec
13%
33
24%
1
—
Allied Kid Co—
14
13%
33
24%
154
29
7%
124%
Allied-Albany Paper Corp_
27% Feb
154
27V4
*72
299
108
*24%
13%
33'/a
•
210
7%
58%
25'/a
28%
2%
72'%
108
*24%
13%
571/2
17%
*205
1
24%
33
:
26%
16%
100
4,800
13%
57%
*113%
__
61 Va
210
18
100
Allegheny Ludlum Steel Corp
Allegheny & West Ry 6% gtd
61%
24%
26%
17%
7%
200
7,300
62 Vs
*152
72%
7,900
14%
33%
29%
113%
v.;
Shares
44'A
103
14%
13%
56'A
2%
18
—100
43%
103
r
the Week
14%
24%
29%
16%
„—:._i
44%
103
-
14%
11%
113%
—
Friday
MayS
61%
ll'A
1
common
62
'
11%
100
5
44'A
*101%
14%
154
-
May 2
33
"
Sales for
Thursday
44%
26'/a
160
2%
2
;
preferred A
conv prior
preferred
Allied
11%
100
5%%
Allen
158
11%
series^lOO
Mining--,
common
Alleghany Corp
$4
155
11%
PRICES
103
61%
25
25%
_1
preferred
4% ft
25
157
157
No par
Vicksburg Ry
Inc
26
*25 V*
SALE
14%
13%
24%
'
33%
24%
1
conv
&
13%
33%
.
1
.
Corp
Juneau
Aldens
3
130
61%
Alco Products Inc common
16
..
23
12
Corp
4.50%
11
14
108 % Mar 19
18% Jan
Jan
72
160
5
19% Jan
61'A
Addressograph-Multigraph Corp__10
Apr 30
18% May
62%
No par
May
114
61%
1
30
12
14%-
10
Admiral
15% Feb
14%
_1
Aeroquip
3% Jan
14%
Inc
Corp
43%
♦101%
14%
Co
7
Alabama
2 %
Stores
3
59 Va
44%
103
-_25
28% May
210
44 '/a
103
HIGn
Wednesday
May 1
___1
,
Co
Express
Adams-Millis
Mar 14
2% Dec
14
Corp
Apr. 80
-100
common
ACF Industries Inc
Jan
Tuesday
Apr. 29
Par
preferred
conv
55
V
Monday
EXCHANGE
•37%
38
*37%
38
...
i
.
70
3,200
17,500
100
15
16
Commercial
The
(2108)
and
Financial
Chronicle... Monday, May 6, "1957
NEW YORK STOCK EXCHANGE STOCK RECORD
'
Highest
NEW
*
Range Since Jan. 1 f*
Lowest
Highest
Year 1956
Lowest
41 % Apr
9
35% Jan
27% Jan
23
39% Apr
36
Jan
4
Argo
9
69% Dec
5
14
28% Mar 27
46% Feb
51 Va Feb
65 Va Jan
2
Armco
15% Feb
7
24
26 Vs Nov
29
Dec
5
2
102% Mar
Armour
30
Jan
4
92
Feb
18
8% Jan
5
13
4% Feb
12
Jan
17
16% Feb
12
30% Mar 29
27% Apr
9
20
4
of
3
5
97% Apr
63 % Jan
Constable
Artloom
18-
Corp.—;
22
Carpet Co Inc
2nd preferred $1.50 series—No par
Associated Dry Goods-Corp—*
-
103
28
Jan
Inc
33% July 25
22% Mar 26
11% Aug
3
10
Feb 27
10% Feb
30% Mar 13
27
Jan
2
29% Apr
5.25%
23
90
Jan
3
95
23
Nov 28
43% Jan
101
-
Feb
27
9
39% Feb
41% Feb
12
20
84 % Jan
27
8
47% Aug 14
4
63% May
27
35 % Jan
5
83% Nov
29
99% Feb
8% Nov
29
10% May 28
15% Dec
27
18% Jun
9
Jan
1st preferred
Jan
6-
49% Jan
4
18
Jan
Jan
14-
1
67% Feb
27
78
9
10
Jan
14
13ysMar28'
27
17
Feb
1
22% Jun
8
34% Oct
29
30% Jan
2
36% Mar 14
Line
Jan
8
46% Apr
Conv
Avco
Mfg Corp
17
3% Feb
5
5% Jan
4
39 % Mar 13
46% Jan
11
Babcock
16
Baldwin-Lima-Hamilton
15
Baltimore Gas &
7% July 12
48% Dec
5
12'/a Feb
12
15 % Jan
8
15
25
32 '/a Jan
3
Nov
29
113
Feb
2
96% Jan
3
102
Dec
21
105
Apr
19
Jan
2
95
41% Feb
13
53
41% Feb
11
35 % Feb
17
May 10
86
Jan
35% Feb
7
95
85
4
T)
Baltimore
4%
62% Feb
5
2
Apr
9
Barber
Oil
12% Oct
31
Sep
12
12% Jan
22
13% Jan
29
Barker
Brothers
Jun
12
39
: Feb
21
44
Jan
8
54% Feb
11
65% May
6
94
Nov
27
106% Jan
17% Sep
13
25% Jan
23
80
Dec
31
8
Works
1
Bath
Jan
2
Beatrice
Foods
.
20
3
102
Apr
5
9
17 % Feb
12
20% Jan
11
28
35% Feb
12
42
Jan
2
Beckman
8
80% Feb
13
86
May
3
Beck
31
22% Feb
12
31% Jan
Beech
.,
Beech
Creek
33
Apr
Shoe
-
Beech-Nut
8
Jan
50 % Jan
Bell
2
89 % Feb
10
64% Dec 27
6
18 % Feb
65% May
57% Mar 11
22 % Aug .10
14
:
9
39
144
43
21% Apr
8
15
45% Apr
41% Feb
47% May
11
&
Food-
Co
Bestwall
11
Apr
Co
—10
common
2
Feb
12
29% Jan
Bliss
(E Wi
26
Feb
6
33% Jan
Bliss
&
65% Dec
12
45
Mar
29% Apr
3
17
23 % Nov
25
34% May
20% May
1
12
32
Apr
12 % Apr
30
16% Jan
3
3
14 % Feb
12
17% Mar 22
9% Dec
26
12% Mar 16
9% Jan
Bon
15
1
17
11
2
Ami
2
8
17
41
29
85
9.900
14
25
15
Feb
39% Nov
16
46
25% Jan
23
45% Dec
42% Jan
18
26% July 19
56% July 18
24
Jan
corn.-
45 %
45
45%
44%
45
44%
45 Va
45 Va
45 %
1,800
42%
43
40%
41 %
40%
41%
41%
42
41%
42
5.700
43 % Apr
May 28
21% Jan
3
17% Feb
89
Dec
5
95 % Jun
22
27
Feb
1
26
Dec
28
36% July 17
38% July 30
45%
45%
46%
145
145
15
>144
15
46%
-
45%
145
15
15%
46%
46 %
145
145 %,
,•
15%
15
144%
X46%
46 7
8
315,500
14%
14%
3,800
72%
72%
72%
20
47%
145%
145
15 Va
15
900
147
"
*71%
*71%
72%
72%;
72%
*71
72%
63 %
3.400
38
38%
4.800
1
27%
27%
27%
27%
27%
27%
27 Va
27%
27 Va
27%
Inc——_—2.50
Co
;.i
X.
5
27%
27%
27%
27%
27%
27%
27 %
27%
27 %
500
46%
48%
46%
47%
46 %
46%
46%
47%
46%
47%
46,300
5
19%
20
19%
19%
19 Va
19%
19
19%
19
19
2.100
No par
28 %
29
29
29
1,090
No pat-
12%
12%
12%
16
16
16'
10%
10%
59%
43%
—
Brass
&
Corp
*27
3,900
28
28
28
28
28%
31
12%
12%
12%
12%
12%
13
16
16
16
157/o
16
15%
16
6,500
10%
10%
10%
10 %
10%
10%
10 %
2.500
60%
59%
59%
60
60%
60%
60%
4.300
41%
43%
44%
42%
43%
10,400
82
80
80
49%
49%
49%
49%
49%
50%
50
16
16%
16%
16%
16%
16%
100
_■
12%
No par
A
:
38
38
38%
39 %<
39
-
39%
10%
10%
10%
10%'
10%
10%
37
37%
37
37 %
37%
37%
45%
45 %'
—__1
Inc—
1.25
15
(The>___
Co
Maine
25
—
preferred
conv
*80
'
.10%
60
60%
43%
44 Va
*80%
43%
82
*80%
44 VB
„
*80 Va
82
920
82
10
50%
49%
16
16
16
16
1.100
38%
28%
38%
39 %
2.900
10%
10%
10%
10%
6,100
37 Va
37%
10.400
45%
37%
*45
37%
45 %
5,600
50%
RR—
50
Stratton
Brooklyn
Union
Brown
&
Brown
Shoe
3
300
46%
10
10%
10%
10%
10%
10%
2,600
43%
43%
43%
44 3 a
44%
45%
14.200
48 %
43%
49%
5,200
10
10
10
43%
43%
43%
48
48%
48%
48%
88
88
88 Va
90
35 %
35 %
35%
35%
35
35%
35 Va
35%
35 Va
35%
5.700
*14%
14 %
14%'
14%.
14%
14%
14%
14%
14%
14%
1.400
40
40
100
—10
—
Bigelow
11
,
46
3
2.50
—
common
15
*44%
46,
3.50
Co
Corp
preferred
Jan
*44%
_1
Manufacturing
41% Jan
2
900
45%
1
8
k
63%
52% May
4
23 % Oct
25.700
I
preferred
3% c'c
.;
63 Va
Bristol-Myers Co
18
40
94
18,700
Airways Inc
2.50
Bridgeport Brass Co common——5
29
Apr
*86 V
-
■
30 %
Braniff
35% Mar 11
94
38%
Briggs
Briggs
88
*86
-
38%
10
51% Apr
>
63
14
11
88
=
38%
13% Jan
30
88
i
63 %
47
Jan 21
94
•
38
Edison
&
*86
62%
class
Co
Co
4%%
•,
38%
B
&
94
30%
±.——
Common
5%
♦86
62%
11
Jan
,
2,300
38%
11
33% Feb
38 %
62
Jan
Jan
38
62
38% Jan
8
38 Va
39
48
16
Apr
38
38%
Co
Stores
Boston
31
X' 38
38
30'/a
.
3
12% Dec
38
38%
30%
Book-of-the-Month Club Inc—
1U
35'/« Jun
♦
30%
Boston
11 Va Jan
38
30%
24
3
-
30%
53% Jan
12
13.700
30%
30
12
20%
31
49 % Apr
29% Feb
500
20%
*11
31
57% Mar 19
42% Jan
11%
20%
1%
12
58
11 Va
20%
65 Va
48 % Dec
54% May 10
3,300
11%
20%
Borg-Warner Corp common--——5
3 % It
preferred
100
28
31%
;
20 Va
•
%
1%
Borden
31
20
63%
10
Dec
31%
2,700
20%
25
35% Dec
31%
10
24 %
44
1%
22
41
*42
64%
Jan
31
■i
20%
Jan
14% Jan
31%
11% X
24
V-
:
1 %
46
1
43%
20%
87
Oct
31%
24 Va
38%
*11
20
87
63%
23
10
31%
31%
*42
3,500
1%
78% Apr
19% Jan
31%
23%
43
8.000
37%
20%
10
47"/4 Jan
86
24%
*42
17%
64%
98% Feb
26
86
*84%
86
*84%
:X,; 24
150
17%
36%
1%
3
28
36%
20%
Dec
Feb
18
36%
63
12
15
17%
-X
97%
-
1%
25
37% Apr
9% Feb
*96
63%-
38% Feb
3
97
20%
51% Feb
3
97
134%
1%
5
61% Jan
24%
43 Va
3,100
*121
20%
12
29% Jan
86 Va
23%
*42
3,000
134
61%
Jan
1
*84%
16 Va
33
%
33
33 %
43,700
1%
64
3
♦
16
16 Vs
1,500
63%
*120
88 Va
♦97
-
'
63
64%
20%
50% Apr
3
2,500
13 %
61%
17
8
82%
44
1%
27
41% Oct
33
*42%
61
Airplane
Class
Bond
Mar 11
61% Apr
X,
44
20%
Dec
19
46%
60%
38% Jan
Mar
*46
600
I
Co
(Deli
,
Aluminum
Bohn
Jan
26
23
61
—5
Inc
_a_
Laughlin
Boeing
61% Jan
8
14 % Dec
16% Jan
*60 %
21,100
(Delaware)-——10
Co
25
81% Jan
200
20
46%
—--4
Co.-*.
——:
Steel
13
10
46
:_1 peso
Corp_>
Inc
Dec
23
97
•
33 - ;
135
■*124
11
May 11
24
75
<;
20%'
36
Apr
16 ;
16%
32 Va
33 Va
11
32 %
10
16%
16%
134.
20%
29
40 %
16%
32 Va
32%
Va
62%
11
Gypsum
Bethlehem
2
Jan
15% Jan
155
7
16
16%
65%
63
,64%
*42
20%
20
Apr
23% Feb
62%
62 %
44
*42 Va
44
31%
Nov
46% Jan
*42%
19%
Inc
45% July 25
21 % Dec 20
30
v
13%
10%
—
——
28% Nov
Nov
.82
13%
31 Va
Corp—
25%
12% Aug 21
81 %
..
1
'
—50
Blaw-Knox
20% Dec
%.
10
2/50
—-_1
63% May
65
13 Va
97
43% Jan
23
82%
13%
97
11
70% Mar 15
6
17 %
82%
96
Feb
11
38 % Jan
46%
31%
13%
-100
35
Jan
17
*45%
46 34
*45%
8,200
93
60 Va
*124
46% July 17
84
Aug 29
34%
100%
*91
60 Va
130
50% Sep
5
27
34%
100 %
92
61
44
16%
par
10
71
15% Apr
34%
100%
91
61
57%
23
12
17
34%
62
47%
2,600
100%
v,
93
62
—10
28% Jan
26
13% Dec
'."."Vv
4
61
*42%
32% Feb
Apr
14% Feb
2
53,800
13%
V/c preferred
——
-,_100
Bigelow-Sanford Carpet (Deli com 5
4%%" pfd series of 1951..
„10.)
Black & Decker Mfg Co
1
7
13
Aug
16,800
X.;; 13%
14
46 Va
81
1
Savers
Finance
Best
7
16% Jan
Feb
44
4
45%
13%
700
31,900
400
13%
4%
45%
80%
•
'300
36,000
700
2,000
1,700
43 %
34%
*45%
16%
71%
11%
17%
34
6%
45%
13%
100%
13 %
69,300
7-
9%
44
34%
81 %
'
4%
*90%
47%
44%
13 Vs
45
32
—
Consolidated
Best
18
54% Jan
172% Feb
37
•
86%
9:,a
9%
16%
' *16%
71 XX',." 70%
11%
11%
17%
»
*17%
34%
*33% •
6%
6%
44%
*44%
43%
Corp———— —1
Aviation
Bendix
28
12
8
44% Dec
16%
70%
11%
*17%
34%.
6%
44%
7
4%
100%
13%
preferred——i—_— -100
4\\l/<y
Benguet
Feb
20
100
9%
52%
87%
13%
42
Life
Beneficial
Feb
.
Dec
14
;
'
3
1% Jan
27
13 Va Jun
26
,.,
43 Va
24%
Howell
&
22
32% Jan
1% Mar 18
30 v Feb
32 % May 25
1,200
1
"
92 % Oct
600
100%
4 "a
86 Va
85
28% Feb
>
43 Va
42
30
6
44%
24%
31
48% Nov
33%
6%
•
92
80 Va
pfd— -100
4%'id
Si
RR—
50% Dec
9
52
87%
84 Va
(A
Bell Aircraft
May
24% Apr
51%
100
•
45%
♦120
Inc
Belding'-Heminway
Jan
10,200
1,800
40
4,300
18
11% Jan 28
1
62,300
10%
29%
92
36%
24% Jan 31
21
24%
10%
29%
*90
44%
17%
19% Apr 23
36 % Mar 15
146
24%
10%
29%
91%
44%
36%
3
77% Aug
24%
10%
29%
.*90
43%
51%
86 '
18
Jan
19
24'/a
'
37%
27
31
74
17%
8
Dec
73%
37
9
53
74 Va
18%
12
44% Dec
99
37%'V'1
10% Mar
24
6,000
X 3,000
74
17%
39% Apr
2% Feb
33%
45
-100
—— — _
Instruments
27 % Feb
33% Apr 17
53% Jun 22
33%
92,300
1
98%
36%
Beaunit Mills Inc
6
1
2,300
30%
46%
12.50
—_
4
14
71
11%
34%
*45%
No
new
preferred—
4%%- preferred
26
;
33
19%
30%
33%
101
*90%
—50
com
prior
conv
Feb
8
34%
♦100
1
Aircraft Corp
42
24
Apr 22
Jan
34%
5
„
1
94% Jan
3% %
14
101
a
19%
.
*17
;> 4/vw
4
10
X
common
_
Co
1
10
32 % Dec
Nov 27
%
19%
30%
33%
"
47% Jan
14
9%
*16%
13%
Corp-.
6
8
86
43%
Bayuk Cigars Inc_
33% Apr
17
Iron
17
28
iX
10%
29%
91
43%
52%
8/
;
9%
16%
71%
11%
17%
33%
6%
45
50%
11%
17%
34%
6%
45
13 %
preferred——
Jan
Dec
29
Apr 16
31% Mar 14
4 Va %
134
91% Aug
19%Jun
%
71%;,
71
43
—
Corp
19
43 % Dec
43%
49%
87%
13 Va
Corp—
Feb
37% Jan
32 7
33 3 »
30%
V
"
16
120
23
2,200
-
July" 13
19% Jan
134%
Jan
Aug
40
100
4%
J9%
24%
•
10%
29%
90%
43%
29%
43%
Bangor & Aroostook RR
86
24 :
<
92
*ll,/s
*17
*33%
6%
*44
4%
4
X
10%
13%
X 60 Va
57% Jan
17
1
4%
1
23%
73%
73 %
43%
preferred-.-100
5
16 % Aug 21
,
45'%
45%
13
116
6%
*44%
-100
Apr
79
10.000
'
99
*98
43%
50%
87%
-9
9%
16% '•16%
'
92
58% Mar 13
54
22,600
%
33%
25
*91
rH O O
71% Feb
67% Nov 26
11%
34%
44
May 28
70%
*17
34
*90 Va
14
'
*16%
100%
24
44
50%
87
9%
16%
70%
11%17%
34%
6%
87
'/
9
.100
27
6
X 24%
10%
29%
43%
49%
~
.
92
No par
67% Oct
33
33
X" 33
32%
B—.-100
68% Jan
16
29%
99
3
common
noncumulative
19%
30%
73%
—.10
Elec Co
Ohio
&
13 Va
98%
1
preferred series
preferred series C
4%
32%
J.9%
,
4%
33
33%
29%
33%
Corp—.„13
82% Jun
Mar
14
27%
91 Va
23%
23%
47/a
18%
(Thei—.—9
Co
J 5
*47/a
■¥.
*23
•29%
19%
30
72%
Inc
Wilcox
&
9
12
33%
99
No par
19
28
Dec
5%
27%
*83
91%
,
common
4% %
28i
47% Jan
(B
(The)
Jan
1% Dec
*4%
72 %
;_««!._100
preferred
conv
Babbitt
8
Mar
Feb
$2.25
42% Jan
30% Oct
4%
72%
Co of Amer_..5
4% Dec
35 % May 24
1
23%
32%
($1.20) —No par
Automatic Canteen
9
7
pref
prior
3
18% Nov
*23
;
,
Atlas Powder CO—__2<)
Austin Nichols common
No par
2
48% Jun
23 Va
14 Va
'
27%
27%
*89
;.-c
t. r
20
5% Jan
85
*22 %
98
preferred—
5%,
43% Jan
28% Feb
91
23%
14 %
14
28
X" 29%
1
24
Jun
14 Ve
13 va
18
1
common
Corp
24
20
27,600
33%
V.-
__No par
RR
7% Feb
Nov
11,000
56
*39
*43
Coast
49 % Feb
Sep
32%
55%
X27%
Atlantic
26
10
32%
14%
*29
*91
26
26 % Aug
32%
54%: 55%
90 %
10%
29%
5% Sep
39
30%
55%
28 Va
25%
37% Sep
43
31
13%
10
18% Mar 22
Jan
39
90%
25
24
17% Feb
39
39
28
10
„—
Atlas
ll7/8 Jan
60
39%
13%
& Sante Fe—
24
25
91
58% Dec
4.300
39
4%
,'X
non-cum
11% Jan
Apr
19
31% Dec
Shares
39%
92
preferred
w-_10
Atlantic City Electric Co com—6.50
'
4% preferred
X—100
5%
Atlantic Refining common
$3.75 series B preferred
2
13
11% Jun
the Week
May 3
54 %
X;
10
r_
25
13
Aug
Co
Jan
94
16% Apr
1
•
11
52% May
Sep
9
Friday
May 2
28 Va ,'v
-
*22 Va
10j
j-_
Investment
Common
11
16% Jan
61% Feb
56
13%
1
————
Associates
2
17
267/s Dec
Thursday
30%
30%
55 %
2.50
.
Oil & Refining com
Common
2
74% May
Industries
Ashland
Atchison Topeka
90
30 Va
56%
92
1
•
Arvin
3
30
25% Nov 21
Nov
30%
28
5
—-
33% Apr 29
19% May
1
18
Aug 28
73
Feb
33% May
Jan
35
23
10
30
56%
5
30% May
12
28% Feb
110% Jan
29%. Feb 16
9
28
Arnold
24% Mar 20
6
Mar 29
31% Mar 15
Oct
Co
&
Sales for
PRICES
39
39
Armstrong Cork Co common
1
$3.75 preferred
No pat-
16% Jan
14
11
Jan
Illinois—
8
8
12
SALE
May 1
39
lu
HIGH
Wednesday
39
.
39 Va
—5
Corp
17
18 > Feb
11
97
Corp
Steel
Apr
39 Va
X
Jan
13% Feb
6
-
15% Jan
65
Oil
—No par
25% Feb
86
Jan
22
26% Jun
27% Oct
12
25
Apr
29
'
18% May 24
4% Dec
2
May
37% Mar 27
39% Apr
Par
.
AND
LOW
Tuesday
Monday
,
Archer-Daniels-Midland
28
3
STOCK
YORK
EXCHANGE
35 % Jun
82
'I
STOCKS
Range for Previon#
Gas—1,
10%
43%
48%
48%
*88%
*88 %
90
*
90
48%
*88%
10
90
2.000
40
15
39%
39%
39%
40
39%
40
Brunswick-Balke-Collender —No par
48 %
48%
47%
48
48 Va
48%
48 Va
52.
50%
52%
25% Mar 18
Buckeye Pipe Line Co
25
25
24%
25
24 %
24%
24%
24%
24 %
24 V2
25
52% Jan
Bucyrus-E'rie
12
21
Apr
16
83% Feb
26
90% Jan
15
29
Feb
11
33
Jan
17
Buffalo Forge
22
Feb
5
29% Jan
11
Bullard
7
21
38% Mar 11
20% Feb
11
Mar 18
66% May
Jan
9
Budd
$5
23
23
Inc—
*39%
44%
44%
45%
45%
46%
46
46%
46
20%
20
20 V8
19%
20
19%
19%
19%
20 %
*84%
84%
84%
84
84
1
30 %
30%
30%
30%
30%
30%
_10
23%
24%
23%-
23%
23%
24 Va
20 Va
—
5
Inc_—
Co
20%
'
*84
84 Va
*30 Va
21
30%
30 %
23%
23
23
20 Va
23
200
84%
*83 Va
,
" 700
3,400
20%
20 %
20 Va
20%
5.100
11%
,11%
11%
xll%
11%
11%
11%
11%
11%
19.600
67%
67%
*67
68 Va
67%
67%
66 %
66%
190
11%
*67 %
69
com
preferred-,
84 %
20,100
20 Va
1
100
Burlington Industries Inc
1.900
46
20 Va
No pat-
-
15.900
9.400
44%
5
Co
Co
-
5
:
Co
Watch
4 r/c
No par
Co common
preferred
Bulova
2
14% Jan
74% Jan
3
(The)
Co
20%
20%
63
Sep 20
77% Feb
8
65
Jan
24
65
Jan
24
3%^
100
64%
*61%
64%
*61
64%
*61-
64%
*61
64%
Dec
preferred-—
*61%
72
27
85% Mar
6
71
Mar 22
74
Jan
23
4%%
second
*71
72%
*71
72%
*70
72
♦70
72
*70
72
28% Jan
23
46% Sep
43% Apr
23
i
100
5
1
18
18
*.
.15
24
24%
15
Apr 30
22% Sep 18
9% Jan 23
.25% May 8
98
Aug 15
40% Jan
23
4% Dec
10
12% Jan
20
S
33% Feb
27
Oct
26
17% Feb
7
19
Jan
3
31% Jan
5
23% Apr 15
9'% Mar 20
29
Jan
11
20
12% Apr
34% Dec
16
f4
105 % Aug
3
101
3
38
51% May
8% Apr
Bush
Terminal
10
Butte
Copper
45% Jan
16
Bvers
Co
104% Feb
26
13
13
5% Feb
22
44
12
16 «/8 Mar 20
Va Jan
1r/r
Callahan
2
11
5% Aug
9
7% Jan
17
2
34 % Nov
6% Jan
8
23
43% Jan
3
5
37% Jan
Dec
34 Va Apr
4
13
Campbell
12
17 Ve Jan
3
2
15% May
2
75 Va Dec
13 % Jan
Canada
21
98
7
78% Jan
2
84
Feb
27
52 Va
2
56% Jan
29
4
27
55
Oct
24 V2 Nov
1
30
30 Ya Nov 29
50
Aug 22
For
footnotes
66
Feb
-
July 11
33 % Apr
May
36% Mar 16
24% Apr
29 % Feb
56% Apr
49% Mar
see
page
6
6
26.
12
1
33%
100
*101%
Hecla
Campbell Red
-
5
No par
Packing
&
$4.25
Canada
preferred
Southern Rv Co
Canadian
Breweries
35 Va Apr
11
Canadian
Pacific
Jan
2
Cannon
Mills
Co
Ry
9%
Ltd
'
Va
42%
42%
18%
25
9%
43 %
,
9%
1.000
5,100
9%
1.800
%
9%
101 %
101 Va
101%
101%
*100%
101 %
42%
*42%
42%
42%
42%
42%
43%
2.800
6%
16.200
6 Va
5%
12%
9%
9
35
12%
35
35
*34%
*33%
36
6Va
6%
6%
6 Va
6%
12 Va
6
12%
12%
11%
1213
11%
200
36
15%
5%
5%
5%
*5%
5%
5%
5%
34%
34%
34%
34 5 a
34%
34%
34%
9.700
15%
15%
15%
15%
15 5
8
15%
15%
10.500
15%
•
«.
82%
82 %
*82 V2
84
83
83%
83 V2
*82 V8
84
*52 %
54%
*52%
54%
*52%.
54%
52 Va
52 Va
*52%
54
No par
25%
25%
*25%
27
*25%
26%
26%
26%
*25%
27
34
34 Va
34
34%
34%
35 V3
34%
51
51
50%
50%
*50%
51%
1.400
5%
34%
5%
35
*51%
-140
9.500
12
100
_
18.600
18
24%
*9%
18 Va
24%
18
24%
18
24%
42%
43 Va
15 Va
41
18.
24%
101%
9%
5%
5%
41%
18%
24 Va
*34
12%
34 %
-
101%
33%
1
Ltd—
40%
42%
.
24
103
1.80
Mines
;
♦18
1
Dry Ginger Ale com .-1.66%
-No par
conv
preferred
9
43
42
43%
,
5
-
__
Co
Jan
62
-5
Corp
Inc
Lake
Soup
9%
Zinc—L
Zinc-Lead
Calumet
42%
common
&
(A Mi
California
11
7 Ve Jan
14 % Jan
—
participating
11% Apr
5% Jan
-
Co—..
Bros__"
1
Feb
10% Jan
Burroughs Corp
Butler
Mar 12
32 % Apr
preferred
V
82
34
34 Va
f
50 Va
51 Va
,
j
-
35 l/s • *
51%
200
50
200
30,200
800
Volume 385
Number 5635
The Commercial and Financial Chronicle
...
(2109)
NEW YORK STOCK EXCHANCE STOCK RECORD
Range for Previous
Year 1956
v
Lowest
23 V2 Dec
■f
31V'a Jan
22
12
Range Since Jan. 1
Lowest
14
Nov
30
1
18 "A Apr
18
26% Jan
4
17
36% Feb
12
457a Jan1
4
29 7a Mar 20
121
227a Nov 29
Mar
22
277s Apr
•
2.
Feb
12
997a May
223A Jan
9.
29 7» Apr
2
105
2
s
257» Mar
65 y2 Dec
31.
; 50% Feb
12
627» May 16:
5574 Feb
12
65 V* Jan
437a Mar 13
^7
Apr
26
207a Feb
22 72 Jan
4
Nov
9
.'20'/4 Jan
19
'43
.
53 7a Jan
100
Dec
21
55%
Dec
119 7, Jan
Jan~23
94
:
,
14
Jan
101% Apr
5% Jan
&
21 y# Jan
23
21
119
21
.
'34
Feb
14
17
Vg Dec
3
(17
Feb
.
14
20
110% Jan
11
Jan
57a Mar
„
_
12
Feb
20
108
Jan
70
Jan
"8
177a Jan
31% Feb 25
17% Jan
9
.
-
8
38 74 Jan
77c
28
8 7, Dec
28
43
Nov
28
577. Apr
13%
'.:81V*
Feb
9
86% Jun
12
15% Oct
f
•
16
5iya Jan
16
987, Dec
;
31
'
27% Jan
32
Nov
Oct
( 33
527. Jan
95 y2 Jan
8
14 V* Mar
13
2V2 Sep
28
54 % Jan
9
Oct
1 Dec
21
1
678 Nov
40
,
May
2
10
8
:
8
tCerro
9% May
30'A Apr
3
11% Jan
10
1
43% Jan
2
2
i
37a Jan' 11
69 3A Jan
3272 Feb
19
38
Jan
11
;
93
Apr
20
99% Jan
29
1
5
257a Feb
12
31% May
41
12
12% May
4
9674 Jan
20
Jan
2
87a Feb
-
21
19
Apr
21
24 V* Jan
16
17
317a Apr
27
3672 Dec
28
50
27
31
417. Jan
36
Jan
Pasco
2G7. Jan
16
Feb
Belt
Apr
v
-9972 Mar 18
207a Mar
21•
40
30
5
147. May 22
437a Mar
25
,
Chic
.
Mar 15
29
2
Chic
14
s
12
37 3A Jan
13% Jan
10
22
,
Milw
5%
,,
7
Mar 26
St
&
1374
15'/a
15%
15 7o
15 7a
105
57%
♦104
57%
57-%
♦45 7a
,
105>
57Vi
47
103
15%
>
103 72
;
5 7a.
57a
5%
57a
5%
■!
90%
90%
90%
907/a
91 Va
'♦97 "
99
16
"
♦97
167a
106
16
106
♦6774 ; 67 7a
99
*91
167a
♦106
'
67 7a
67 7a
3274
31%
31%
% 66%
31%
18 7a
187a
♦187.
18%
18%
19%
19%
19%
19%
31%
—20
94 7.
-99
•
1534
16
(
106
67
31 %
x
'
i.
.
32
18%
187a
19%
,
32
.
19%
5%
94 7*
*98
2,000
*
12,900
98%
15%
10,800
15%
*105%
74
110
65 7a/
'
107
66
2,300
32
i 66%
,
270
104
93%
*105%
66
37,700
5%
;
16
'
90
1,500
15%
*102 7a
:
5%
."*98
12,900
46
21%
15%.
104
57a
92 7a
9.)
106
"
__]r
104
'
50
3,700
12,600
,
2174
106
15%
10774
15%
8,400
58 7.
*45 Va
.2174
9,400
26,500
101-.
57%
46
2174
,
57a
*100
57%
*45 7a
t
9074
19%*
10'/a
10 74
10 74
10V4
1074
10%
.42%
42 7a
42
427.
42 ya
43 7a
75%
75 7a
76 y2
76 7a
f
V»
76
76
/
,
r5%
*987/
30%
31
3074
♦3Q%
31
♦30%
311
Service—_;_10
L__No
32%
3,000
18%
300
187a
*18 7.
19%
*19 7a
15%
15%
55 74
5574
99%
9874
99
30%
30%
30%
30%
39
39%
397a
39.7a
i
*19
19%
19%
19:7a
47
47 7.
9%
l
♦34 Va
!__i
47
10
10
2%
61%
r
34 74
-
27a.
40
*8
600
4,800
'
'
98%
►
500
190
-
30%
(2,900
-
31.74
3174
500
3974"
197.
-1
-
41%
23,400
197a
400
74
*8 7a
874
500
47'A
9%
47%
4774
48%
3,300
9%
97/a
97a
9%
24,700
-
>"
34 74
33%
2 7a
60%
98
...
8
1,200
15%
56
30%
19 7/a
*19%
47 Va
9%
34%
27a
61%
■i-
8
477a
V
34%
2%
62
8
477a
9%
34%
27a
6174
87a
31
39%
t
8 7a
;
9,100
'
""
81
15
'30%.
3oya
•
45
*5574
99
30%
.
900
10%
:
*75
153/a.
557.
*98
t
19%
8 74
77
15
-
19%
107a
"45
7a-
5574
i
39%
8
44
'
77
557.
30%
10%
44
■r
157a
55 74
"19%
par
l
;
15%
10%
"
39
__5
:
127a Jan
9
64
Jan
11
Chile
Jun
1
87
3
647a Jan
28
8072 Apr
25
34
2 7a
6174
32%
-;
2%
617a
*6072
36
33
2%
61
./•
1,400
2%
4,200
61
•
•1,600
26 74 Jan
2
30
24
87 7a Jan
8
947a Jan 31
39 3A Feb
12
50 72 Jan
4
397a Feb
12
4572 Apr
24
Feb
12
687a May
2
: 157a Jan
18
173/4 Mar
5
:
2
1
Jan
/Chickasha
Dec
3
377. Jan
3
39%'Dec 20
47 V* Jan
54
73 Vs July 17
Jan
23
12% Jan
30
Nov
•
20% Mar 29
2
Jan
6
9
104 7a Jan
58
102
18
,
May
-
3
103
27
Apr
42
May
pfd/
Cab
i_,
I 46% May 24
43% Jun
26
22
15
3672 Feb
15
6
83
Jan
42 72
May
25
3
97 J/2 Dec
31
97%, Jan
2
Jan
14
70
Dec
26
80% Mar 26
69
5
717a Feb
6
; 39 % Dec
19
45
687. Apr
17
40% May
3
18 * Jun
8
18
11
22 72 May
2
6072 Feb
12
73
17a Jan
18
7a Jan
2
111
Jan
Jan
10
24 V* Jan
3
V 60
Jan
23
2
1 Dec
18
3% Jan
16
39
Nov
5
507s Jan
13
78% Aug 15
327% Sep
20
141■
Jan
100
Nov
15
125
Jan
98 '/a Dec
20
407s Nov
40
74 Mar
Feb
104
Climax
127
Apr
30
139
Jan
8
7%
100
•* Jan
21
106
Mar
5
4%
131 % Mar
2
(99
Jan
2
109% May
3
5
800
Apr
627a Jan
9
41
Feb
27
19
94 % Mar
5
78
Jan
3
13 % Nov
21
23 % Jan
9.
137a Feb
25
2778 May 28
353/s Dec
27
11
10
50 V* July 39
11
.
Feb
36 74 Dec
3
51% Mar 12
4772 Mar 12
39% Jan 18
'54
Nov
30
66'A Apr
55
50
Dec
2.7
597. Feb
9.
16
Jan
5Q7a Feb
11
8
"
..
167. Jan
25
2
507. Feb
25
f
59
V
57
■: Mar
57%
577a
34%
27 74
26%
i..:
35%
357a
35%
20
19%
Aikman
&
•
572%
Colorado
6
4%
Apr 23
&
-
,
57%
34 7a
•
357a
!
12
GO
787a
297.
297a
88:fA
89
89
457a.
45%
45
74
45 7.
45
44 7a
44%
60
V
65 7a
667a
16%
105
65%
16%
*103
40
74
40
19 74
19%
19 7a
96%
56%
207
♦79 7a
407a
100
84
41
100
*96
41
12,900
4274
2674
26,300
357a
35%
35%
7,800
1974
20
1,000
12%'
*58
*12
61
•
*58
1
887/a
887/a
88 7i
•
45%
44 7a
,45
44%
44%
45
767a
'v
■
«•
68 7a
76
287a
88 Va
7a
68%i
16%
17
102
20%
20 '/a
207a
13,200
97
83
56 74
*80 7a
42
41%
100
1
97
*96 7a
41%
101
997a
70
70 7a
57
*160
84
4174
22%
22
22
71
71
71%'
69
7074
2%
2 7a
27a
2%
41%
417a
41%
*800
190
21%
22%
16,700
70%
7a
50
71%
6,700
2 7a
2%
2 7a
2 74
27a
5,900
417a
417a
417a
417a
1,600
*128
129 7a
*128
*102
105
*102
105
*102
104
104
*128
*800
103 74
106
105
129 7a
*102
1297a
103%
104%
7a
*800
*800
580
4074
41%
128
103%
5,000
40
•40
707a
7a
127
103%
7a
997 a
*69
417a
2
,
42
99 7a
70 7a
2,700
83
42
100
22
41%
5774
207
*80 7a
22 74
69 7a
97
56
207
*160
84
*80 7a
7a
*96 7a
57
207
39%
104
40
1,500
19%
407a
105 74
12,400
20
*40
128
40,900
102
41%
40 7a
128
13,400
4174
56 7a
417a
68%
200
2,200
45 74
41
*40
7174
5,400
-
74
40%
40 7a
'707a
88
40 7a
♦160
100
21%
29 *
•
4474
68%
68
17
103
103
69
21%
101,900
1774
44%
♦40
100"
44%
•
*6874
21%
77 *•
'
88 74
69 7a
:—1
900
v
61
29 7a1
*6874
50
12%
:
29 V*
68
16%
787a
'
19,000
'
i'n
105
*96 7a
577.
100
74
26 7a
2,300
19%
207
*80 7a
34
4174
26 %■
13,100
407a
7a
97
57
*160
33%
4374l
.29%
*103
20
♦95%
34%
297a
16 74
16%
417a
1874
58
78%
67
66%
200
18.7a
44 74
105:
1 "
56
45 7a
.
38
1,600
58 7a
*12
.
-♦A
,
100
7
35%
:
''
.
900
'
36
'18%I
77%
S-
29
*37 7a
*W/2 "297a-
12
20%
36
26%
20
•
2074
42 74
35%
20
500
11,600
34
26%
-
*
57%
43 74
26
647a
*28 7a
J
38
2,800
:
18 7a
34%
42%
*58
29%
20%:
J-:*37%
18 7a
••
■i
12%
407a
109%
5,200
42%
9,900
*800
42%
100
~
427a
43
42
80
80
*80
81
"14%
15 7a
*14%
15 7a
14%
15
1474
15
14 7a
1474
4,000
28
7a
28%
287a
28%
28%
28%
28%
29%
29
29 74
17,300
49 74
49%
49%
_rNopar
—No par
com—No par
42 7a
pfd——100
2nd pfd—_100
*49
50
*48
58
*57 7a
57
1st
4974
50
,58
preferred series B_,
50 "
^ Southern Ry com—100
noncumulative
38
18
5,600
8Va
26 74
63%
36 V2
-*37 7a-
9,000
'101 7a~ 105
287a
36 74
«-
34%
43%
76%
16%
com——10
Iron
4% ^noncumulative
-
-
347a
.43
79%
♦103
.
Corp—No par
Corp
*20 7.
30
31,000
9%
8
'
20 7a
1,100
.
26 7a
s
28 7a
19%
.'44 74
.
stock—50
-
64
105
36
57%
26%
104
preferred
63 7a
*1017a
29
/
88%
;
1
Co
64 74
35%
v
-
437a'
-
9%
.
1
26
*28 7e-i
57%
1
7.
8
./
26
105
207a
•
13
(The)————No par
Colorado Fuel
28
507a Apr
•
38
17%
♦102
Internat'l
Collins
-
•
♦37 7a
No par
2nd
Colgate-Palmolive
$3.50
-
35 7a
17%
preferred_/Oj
cumulative
Co
17
333/8 Jan
,*
Apr
29%
35%
37 74
197a
.
-No par
—
Coca-Cola
Apr 17
467a Jan 14
83
20%
*28 7a
297a
10
—
Coca-Cola
800
17
29
Dec
-
20%
29%
35.7a
& Co com.—No par *
preferred
-
63%
207a
26%
100
gtd
Molybdenum
Corp
Cluett Pea body
8
36
957a
'
26
*1017a
42.7a.
10
/
647a
10
107a
8 7a
*25%
105
347a
--
^—5—
Co.-
y
-
17.7a
56
Equipment
10 7a
8
87t
36
i
'
*102
*36
♦160
13
•.
63%
/
10
9%
26
'
C C & St
Clopay
5
65%
105
*25%
57%
100
Special guaranteed 4%
Clevite Corporation
11
;
V'
common
$4.50 preferred
'Apr 23
27a Feb
43 7a Mar
9%
87a
.
37 74
...
-
__No par
Cleveland & Pitts RR 7%
1
7a
3 74
20%
——15
t
9
26
.
.
♦35
Louis Ry Co com—100
5% noncumulative preferred—100
Cleveland Electric Ilium com
15
C
Jan
44%
••"'rf:
Clark
80
44
♦287a
-
8.50
1—
u:
12
13
44%
7774
14
Jan
43%
*58
65
103
44
*12
9672 Apr
30
437a
,_25
Co
City Investing Co
572 % preferred
May 23
89% Nov
44%
12%
207a Apr
Jan
44 74
60
1
52 7a Mar 26
45 74
♦587a
7
75% July 18
31
♦12
177a Mar
196
3074
__25
Copper
C I T Financial .Corp../
Cities Service Co__
r
*93 7a
3174
657.
5
937. Jan.
16
Dec
Oil
3
Oct
34 V* Jan
Cotton
3
9
95 7a
30%
♦103 7a
City Products Corp_
—No pur
City Stores Co common—
—5
\
47.% convertible preferred
100
Jan
*93 7a
30%
"
'
No par
29
109
,
35%
957a
30'/b
8%
corn1—No par
23 % Jan
,17% Dec 27
93
Nov 20
36 V2
*93 7a'
307a
9%
No.par
100
4%; preferred
4
i.
/Cincinnati Milling Mach Co
Apr 11
35%
95 7a
30 74
"
__^_50
Pac-2
427a Jun
38 7a Feb
35%
*93 Va
307a
2.6
L4Q-
t
Western
Common
i
,
35%
94%"
44 7a
:
.-7
Cincinnati Gas & Electric—
i
29% July 10,
102% Apr
4
55 V* July 10
24%.Oct 25
35 7*
94%
30
com—No par
Chrysler Corp
26
3574
No par
/
Chicago Yellow
2
'
21
57
98%
noncum
North
2
47
21
♦104
5%, preferred series A^
:100
Chicago Pneumatic Tool new—'—8
Chicago Rock Isl & Pac RR__No par
12
Apr
567a Jan
'
217a
__io
Paul &
1
.
47.
217a
55 74
—t——
series A
,
Chic
/
Apr 22
'-
127s Oct
•
46
217a
7
Great Western Ry com DeL50
69 y2 Mar
'75
57%
47
"14%
Manufacturing——1.25
5
.
a
47
93 7.
J 5%; preferred
,
34% Apr- 29
43% Apr 29
12
Feb
247a Apr
•337a Feb
Class A
>
183A Mar 27
617a Jan
Cab
9
r
.
57 7s
55 74
—./
51 y2 Feb
185
6874
15%
Co_i____
,12y4 Nov
.
25
67 7a
70.
100
Chicago & East 111 RR
30% Mar 11
8
39% Jan
Mar 19
,227a Feb
•
9
11
/
-56
467a Feb
35 Vb Dec 20
,107s Jan
4
30
24%
68
Chemway Corp
_l
Chesapeake Corp 6f Va„
Chesapeake & Ohio Ry common
25
V
3 72-%
convertible preferred--jl00
9
23 3A Jan
Apr
2
31% Mar 15
317a Feb
19
Nov
4
110% Jan
1
28
71% Jan
,
102
257a
67 74
65 7a
'
Checker
18
697a Jan-
11
*2178 Nov
,
24%
67 74
25,
71%
Elec—No par
Corp__
Common
24
9% Feb
2
29
55 y2 May 28
,
25
65.7a
»j9'/a
24%
'
—
317a Jan
5
10974 Nov
Oct
163/s Nov
,
25
1C1
24%
6972
"
$4.50 preferred —'
No par
Champlin Oil & Refining Co___—1
Chance Vought Aircraft Inc
—1
2
107. Mar 28
12
r
-
49% Jan
77a Mar 26
26
■59 V* Feb
9
87
99 7a
.
Industries Co.;
de
(Chain
7-
r
f
!j97a
♦99%
24%
'/*"
197a
V\'''
Chadboum Gotham Inc
.
9
9
10'/a Apr 13
447. July 19
60
100
"997a 101
'
.10
;
Certain-Teed Products Corp_
Cessna Aircraft Co_„_
Feb
457s Dec
28
Dec
,
28%
com_—No par
Light
preferred
Century
Aug
69 V* Nov
,"27%
2874
•.Central Illinois Public
45
3
35%
29 7a
preferred series A_100
Illinois
4 727c
Jan
287s Feb
,
28 74
V Central RR Co of N J
!_5G
. Central
& South West- Corp_;__—.5
4 Central
Violeta Sugar CoJ_
9.50
277b Apr
53% Jan
,
29 7a
8
9
57% Mar 13
293/8 Nov 29
20 Vb
28%
7
108'
-
313/B May 24
Jan
..'7
3
,
i-
597a Jan
12y2 Apr
2972
-Jan
22 72 Jan
1
8
42
28%
100
Hudson Gas &
Central
....
8
3
75% May
41%
287a
of Amer com—No par
7
/Central
1
17
4% Jan
*'
1
94
22 y8 Oct
,
4
77s Apr
26
42
277a
10
.
11
35
J
3
457s Dec
19
12.50
common
«
44 3A Feb
■"!.
19%
42
31% Feb
13
'»16'A Apr
i
7"
19%
42 74
Champion Paper & Fibre Co—
34
r
28
Aug 17
14
7
4
Feb
347s Jan
7:774 July 19.
1974 Nov
28
v
28
'
41 % July 27:,'
;
18
'27 V* Feb
v
29Vn Mar
July 24
9
Aug
43
31
Sep
Jan
19%
41%
217a
._
6
56 V* Apr
1007a Jan
19%
42%
Central-Aguirre Sugar Co__"
5
Central Foundry Co
l
Central of Georgia Ry com—No
par
j
5'/« preferred series R___„_1_10O
4
Feb
'16
21
1
77a Dec
547a Dec
J 10
Jan
78
2
Feb
13% Jun
:(
>
45
2
Aug 14
35
,
r
1
May
16
117a Mar 29
3
Mar 14
;
Jan
Shares
207a
100
-
61
113
x
19
8y4 Jan
37 y2 Apr ; 8
'? 73
715
I7y8 Mar 22
:
"
23
r
.
12% Mar 16
23
the Week
r
19%
io
Corp common/—-—
5%' preferred v—-J——,
V
May 3
417<
———50
"/Celotex
;7
719% Mar 20
16_
common/
coriv
Friday
May 2
2074
5
preferred—;
72 %
Sales for
Thursday
41%
4.20%, preferred —————100
4
PRICES
197a
No par
preferred
r'
SALE
4074
Ry_100
Co
preferred
Celanese Corp
1% 2nd
s
11
18% Feb
Ohio
&
Light
Caterpillar Tractor
.7.
11
25
—
6%.-%> cbnv 2nd preferred
»
10
100 7. Mar 13
65 y8 Feb
22
21% Nov
Corp
472%
..
:
-Carriers & General Corp—
. Case
( J I )'Co common-
6
96 72 Jan
17
&
Carpenter Steel
14
104
27.
Jun
3
'147a Feb
:75
Jan 13
477# May 3
Feb
96 J
.
3.
Nov
t
Power
HIGH
Wednesday
May 1
5
Co,
Carolina
.Carrier
167a Jan* 14
85% Feb V 8
j
5
647a Dec
13
Mar 28
Mfg
Apr. 30
1
;
r
Clinchfield
AND
Tuesday
Apr. 29
Par
(The) Co
( Philip)
■*
957s July la
104
11
133/a Nov
102
2&
24.7a Aug 16,
18 7a Jan
5
.1V/2 May 28
*
x
11
Inc
Carolina
.
72 % Apr' 23
20
Carey
i
6
29
Airlines
"Carborundum
30
40% Feb
a
Capital
Mar 21
49 Vi Nov
;
Monday
„
EXCHANGE
45 Vs Aug
23
LOW
NEW YORK STOCK
Highest
41 y2 Feb
Nov
'<
101
STOCKS
■«.
.
.
Highest
57
"*55 7a
4274
42%
*80
81
*80
43
42 74
81
*80
81
100
49%
7a
*49
49%
50
*48 7a
50
48 74
4874
*48
48%'
58 7a
*57 7a
58 7a
*57 74
58 7a
*57 7.
58 Va
57
*55
57
*55
57
,
*55
57
49%
49%
;,
;
400
70
100
10
Columbia
227a Jun
28
34% Dec
19
22% Jun
28
34 7. Dec
297. Jan
21
357a Apr
29 74 Jan
21
3574 Apr
16% Feb
13
18
Jan
8
17% Dec
263A Jan
17
25
187a Jan
15
2
787a Jan
11
1
4872 Jan '
78
31
3
84 74 Jan "
Aug 23
3
44% Nov
(
.
20
58
28 y2 Nov
23
247e Sep
25
1
•Nov
100
317a Dec
18
27
: 39
26
22% Jan
12
'30% Mar 26
42 7a Nov
15
100 '
,
15 :
167. Dec
27
44
Dec
14
100
Nov
29
t
.26% Oct
1
15% .Dec
31
36%; Mar la
2
Apr
26
Feb
137a May
$4.25 preferred———
Dec
15
.
A
28 '
34% Jan
.23
19
1% Sep 28
4374 Dec
<
!
437a July 25.
44
.
Dec
19
93
Dec
14% Jan
18
92
18
"
82% Dec
'f *
*
31^
,
Nov
Jan
3
109% Feb
L
.
-103% Jan, 4
—5
1774
17%
17%
17%
177a
17%
17%
*75 7a
'7674
*75 7a
767a
757a
757a
44%
44%
44 7a
45 7a
4574
45%
74
297*
29 % '
297.
29%
2974
297a
29 7a
29 7a
317a
317a
8
11
427a Mar
104
/Commonwealth
1
Feb
4.64%. cumulative
14
67a Jan
17
<
'/Conde
Nast
3174
317a
49%
50 7a
11,800
1674-
16 7a
1634
10,400
com—L25
397a
39%
39%
39%
39%
39%
39 7a
39%;
3974.
40
15,100
100 7a
*997a
1007a
*99 Va
100 'a
*99 7a
Co
preferred—106
*100
-
4%
Co—No par-
13%
——10
16
15
^Consolidated
2
17
-
-
Mar 28
3Q%feb
12
11
58
•"
1% Apr
45
:
3
Mar 12
93 7. Jan
937* Jan-
/
37. Jaa
-
2
101V* Jan
2
17% Jan
16
22
-
Foods
Gas
Corp-
•
«
100
5 7a
15,900
13%
4,800
4,600
14 7a
14
14%
*1374
13%
14 7a
14 74
14 7a
14 Va
37
36%
37
*36 7a
37
36 74
36%
37
3774
16%
15%
16%
15%
16
16
16%
16
16
44%
44
44
72
44%
44%
44
44%
44%
44 7a
15,000
103%
1037a
103 7a
102 7.
10274
2,000
103
103
74
'
7.
102 7a
102 7a'
2,500
6,200
42%
43%
44
44%
4374
45
29%
29 7a
2874
29 3'a
29
29 74
2874
29
4,400
1.33 7a
15%
15%
15%
15%
157a
15%
15 7a
15%
5,700
.—1
15%
15%
15%
15%
-15%
15%
15%
15%
1574
1574
1,400
.-15
16 7a
-
-
16%
-42%, 42%
.'_10
*46
1%
49
17a
16%
42%
*46%
*1%
167a
427a
49
2
Va
7,200
16%
167a
16%
16%
167a
16%
1,200
42 y».
42 7a
42
42 7a
32 7a
44%
14,000
49
37
37
37 7a
37%
*47 7.
2
*1%
'
1%
"
1%
*1%
200
300
2
46%
No par
—.—1—No par
-*-$4.52 preferred __L-4
—No par
' - $4.16 preferred
—No par
Container Corp of America—
t
22
1007a
5 7a
13 7a
15%
/£' $4,50 preferred
957a Mar 27
1007a
137.
29%
Utilities,
Cctosuineiis' Power Co com
13 74
15%
Natural Gas_i
Consolidated
1007a
5 74
5
5 "8
14%
29 7a
Consolidated Laundries: Corp
j
*5
167a
103
"
49% Jan- 14
101% Jah
13%
44%
-
-
Consol RR of Cuba 6% pfd!
:100
17 v//Consolidated Retail Storer Inc_—1
Jan' 23
2
,847a Jan
-
3
4472 May
39% Feb
Corp.L_5
Consol Electrodynamics Corp
50c
.Consol Electronics Industries——T_1
29
"157a Jan
4.
5 7«
13 7a
-
Consolidated
Apr
4%
1374
14
-
,J__No par
x—
5
13%
36%
Inc.-—No par
Corp
—1
CohsoT Edison of N Y com_—No par
3
13,800
317a
507a
3
14
3,500
16%
457a Jan
23
5,000
297a
50 V*
26
167a Jan
30
457a
3174
! 437a Feb
357a Jan
7574
4474
29%
16%
Coppermines
4572 May
*74%
46
31%
.
Cigar
21
75 74
2,500
5074
Consolidated
147a Feb
7574
45%
7a
16 Va
Consolidated
preferred
17
507a
8
$5
17%
16%
10
1
17 7a
8,200
16%
Jan
Jan'23
8,800
53,000
3174
18
107
74
173/a
50
17
101% Apr 24
427a May
1
28% May
1
34
177a
16%
Publishing
•.Congoleum-Nairn
34%
33 7a"
31 y2
3974 Jan
14
34 74
50 74
1
Jan
33%
16%
Inc.;——1
Mills Corp
-Cone
33%
31
Edison
143/4 Jan * 7
-
Co——j—1—L1Q
Solvents
8
517a Mar 13
112
17%
-
49%
Engineering
Credit
Commercial
27
26
9,"
'
1774
No par
14 7a Feb
9
21%'Apr 16
10
Jan
34
17%
33
j—.—I—1
/Combustion
<Commercial
-
157a Apr
18% May
.,
33
17 7.
Pictures common-
34 3A Feb
■
1
23 74 Mar 19.
497» Mar 22
110% July 17
' Jan
4Tk Apr
13
35
33%
17%
i Apr
33
18
507* May 2
1972 Jan 11
12
29
4
34 7a
33 74
1774
317. Mar 18
16
6
34%
33%
17%
Columbus- & Southern Ohio Elec J—5
Feb
Jan
34
33
177a
33%
2.50
Inc
Columbia Carbon Co——No par
4672 Jan
874 Mar 16/
Columbia
3474
33%
No par
.L——L—
4
: 1672 Apr
■; 18
B
Columbia Gas System
3
13-
Jan
1Q172 Dec
31
Dec
Apr
287a Jan
44 3A Mar 19
23
13 74 Dec
43
21% Mar 20.
29
47b, Nov
!
12
54
(16% Nov 21
i 38 3/4 Dec 20
f
Apr
Feb
7574 May-
'
36% Mar 22
447e Oct
*
Class
3
177a Aug 16
Class
9
19
15'/4 May 28
>
Broadcasting System—
A
——I
2.50
...
.
47
46%
47%
47 V8
47 74
47
47 74
47
47 74
977»
97%
977a
97%
95%
97%
95%
96%,
957a
96
850
96
96 7*
440
96 7a
*94
97%
9674
96 Va
94 7a
94
94
19%
xl9
92
*90
,
96 7.
96 7.
*92 7a
94 7.
»
96 74
97
*92 7a
94
74.
.
*92 Va
11,600
94 %
10
19%
12,100
.
18% Dec
88
Dec
28
19
23
Sep
104
Jan
18
11
89
Mar x8
28% Nov
28
36% Jan
19
29% Jan
2
99
31
106% Jan
20
99 V* Jan
2
42% Feb
11
Dec
39% Feb
10
567a Aug
3
83
Dec
27
102 72 Mar
5
111% Dec
12
117% Nov
5
For
footnotes
see
page 26.
Jan
3
108% Jan
18
83
207/a Apr
94
Apr 24
33% May
3
105
48
,
4%
Jan
J
"—:
——5
preferred _x_'
.'.
TOO
Eaking Co commonx—5
—No par
$5.50 preferred
Continental
4
15«
-x
Continental
•
Mar 29
92 V* Feb
118
Common
9
'•
Mar 12----
Can
$3.75' preferred
$4.50
eonv
2nd
Ire
conunon—X-10.
iJ-—1
No par
preferred100
19%
92
32%
1037*
46
91
•1157,
33
103%
46%
91
116%
33
1037a
46 Va
*90
116%
19 Va
95
33
103%
46 7a
92
117%
19
19 7a
*89
92
33 7a
1031
a
46 %
46 7a
-
19%
92
19
*89
40
92
33%
33%
33 Va
33%
5.600
1037a
103%
103 7a
103%
370
36%
17,800
46%
91
91
116
92
33 74
1037»
19
*90
116
116
46%
93
1167a
46 Va
907.
*11574
V*
370
116%
1,100
90
17
Commercial and Financial Chronicle.
The
18
Monday, May 6, 1957
(2110)
NEW YORK STOCK EXCHANGE STOCK RECORD
Lowest
Highest
12% Feb
16% Oct
22
15% Jan
7
Copper & Steel—
Industries
common
25
23
23
—_5
51
28% Oct
19
22
Feb
12
26% Jan
7
58% Apr
9
45
Jan
2
54% May
3
Continental
Insurance
11
6
Jan
2
18
Continental
Motors ————1
preferred
231%
6
9% Jan
1
45% NOV
15
34% Feb
12
62% May
41% Jan
25 \'z Jan
23
58% Dec
28
51% Jan
21
79% Apr
29
Dec
20
70
Mar 20
33% Feb
12
43% Jan
8
28% Feb 11
50% Apr 30
59% Feb 15
35% Apr
15
52% Jan
31
40% Mar 12
21% Mar
8
27% Jan
14
Cornell
Corp—.1
2374
87% Apr
70% Apr
25
Corning Glass Works common
.5
3%% preferred
-100
3%% preferred series of 1947.100
67%
69' U
*85%
87%
"85%
*94%
95%
*94%
41
24% Jan 23
33% Dec
14
49 % Apr
26
52
Jan
31
54% Jan 31
66
Dec
13
6
Dec
23
Dec
26
99
Jan
19
57% Feb 13
84% May
2
94% Jun
5
99
Jan
25
93
Jan
8
27 y2 Jan
20
32% Feb 24
28
Feb
11
152% Dec
7
155
Jan
2
Oct
30
70% May
G0% Nov 29
89
20
180% Mar
Dec
Jan
96% May
32 Vis Apr
164
Mar
23% Apr
6% Jan
Continental
Oil
Continental
Steel
3
24
4:
-
Coty
2% Jan
3
12
36% Apr
22
80
15
86
7%
3 % Vc
5912
60%
613/4
61%
62%
61%
62%
27,300
38%
39
38%
38
38 %;■
38
38
70%
74%
03%
7l3/4
69%
73%
70%
2,700
89.300
34%
35%
33%
35
33%
34%
34
71%
35 y4
34%
34
34%
34%
34%
34%
351/4
351/4
35%
50:t«
50%
50%
*50
69%
6734
07%
*67%
70
23%
232
23%
23 3-i
24
69
70
68%
85%
6934
85%
95%
95%
31
31%
35%
'•*.08
,
31%
31%
358'/4 158%
60» 2
*38
-
1
87%
95%
*158%
31
52
*50
%
70%
*50
68%
69%
84%
84%
96%
96%
31
31%
31%
*158%
160
160
70
7,600
30
97 ¥z
30
31%
23,100
r-
31
1
161
22-%
22%
23%
22%
53'8
5%
53/a
5%
5y2
214
21,4
32%
32%
2%
31%
3214
>*841/4
86 ¥2
2%
*2 %
2%
*2%
2%
31%
313i
32'4
32'4
323/4
*841%
86%
85
;
.V:
50
15,800
23%
5%
2%
%
•f.;
'
,
22%
5%
*84
1.800
851/2
160
22%
86
300
,
*95%
160
*158%
53«
*84
;
.*83»/2
-
22%
100
140
:
23%
69%
>:•
>
'
'
5%
31
8,700
14,200
73
23%
22 ®8
.1
52
470
70%
23%
23%
t:
/
52
5%
.25
preferred—
6,700
79%
22 'if
International Corp.-
100
6.800
7%
53
1
Crane Co common.,....,
Mar 14
7%
6,300
54 y4
*22%
—-1
Corp
Coty Inc
27
53%
23%
7%
23%
521/4
'
<
38
333/B
50%
~——100
Petroleum
Cosden
Shares
13
60% %
35
common_10
Refining
-preferred
2
2% Feb
Jan
7%
■
22
31% Feb
7
Products
Corn
97% Mar
18
,
——
—
.
2
*22%
12%
36%
Corp—
Electric
Dubilier
7%
V
1234"
58 %
—14
5
Cooper Range Co
5
Coppcrweld Steel Co common
5
; b'U
convertible preferred.
50
6'i
convertible preferred——__50
2
the Week
May 3
72%
—5
Delaware
of
Cooper-Bessemer Corp
—
3
May 29
42% Mar 26
4
79 Y Dec
89
19% Jan 21
5% Feb 18
3
6% Jan
5
Dec
.33
5
23% Aug 27
5% Sep 25
-V 2%
5
2
2
52 34
7'a
l23/4
23»/2
52%
7%
5% Dec
27
*227«
7%
34% Jun
54% Feb
Sales for
Friday
Thursday
May 2
123/4
52%
52
7%
7%
123i
12%
51%
15
8% Apr
1234
12%
20
convertible
'*
PRICES
SALE
Wednesday
May i
*22%
12%
2
43
b'/o
Apr. 39
•
—
22 % Feb
Sep
HIGH
AND
Tuesday
Apr. 29
Par
EXCHANGE
Continental
12% Mar 26
Monday
YORK STOCK
NEW
Range Since Jan. 1
Highest
Vear 1056
14
LOW
STOCKS
Previous
Bange for
Lowest
84
.84
-
;
1.000
2%
;
600
i9,600
r
Vv
200
'
>
■
'
*
30% Jan
28% Oct 22
28¥2 Jan
3
31
16
14% Dec
19
Dec
4
11% Dec
11
18% Feb
28
11% Mar 27
15¥u May
7
35% Feb
23
28
69% Apr
Feb
50% Nov 23
91
14
Jan
3
49¥2 Apr
3
57
Jan
Jan
2
100
Feb
29% Mar 12
7% Jan 10
Dec H
65
-.6% Jan
21 ¥4 Apr
10
8% Apr
8
Feb
11
60
7% May
3
10% Jan
.'j 7% NOV 16
28
26
14% May 7
84% Aug 20
38% Jan
2
25% Dec
14% May 28
31% Dec
Jan
30% Apr
11
2
12
17
12
38% Feb
Feb
96
21
26%
28
91/b
9 ¥4
9
—
28%
29¥8
29%
49 ¥2
50>2
49? 2
50%
971/2
96 ¥2
49% %
96¥2 %
,49%
97'/4
96 ¥2
97
13
9
¥
9%
12
Jan
:
"•
8¥«
311/2
31 ¥2
*7%
64% Jan
56
47
,
12
Jan
31%
7
86% Mar
12% Jan
18
6% May 21
17% May 21
12% Jan 25
22
30% Dec
5
43%
43
43
55»/2
£4 ¥4
54 ¥4
53
531/2
5%
*12%
5%
13%
3
29% Jan
2
13
49% Apr 15
76% Dec
19
96
Jan
4
43% Feb
80
Jan
2
86
Mar
4
Preferred
3.75%
series
6
80% Mar 29
86
Feb 27
Preferred
3.75%
1
82
88
Apr
23% Jan
5
Preferred
3.90%
3
Dayton Rubber Co
16% May
32% May
l
Decca
Records
3
Deere
&
31'/a Feb
1
Feb
99
8
34% Jan
3
27% Dec
5
35% Feb
6
4
10
13% Jan
Sep 25
16% Mar 12
Jan
20% Apr
29
25% Oct
2
27% Feb 11
28% Apr 23
NOV
64
14% Feb
24% Dec
9
26 % Feb
.v i
18
37
15% Apr
9
Jan 21
47% May
39
17% Jun
la
60% Aug 13
44% Apr
5
35% Jan 17
23% Oct 19
13% Jan
3
16% Feb 23
31% Nov 23
31% Nov 27
j.
f
29% Nov 29
9
vJan
35
31
39%-Mar
50
,.
Feb
13% Apr
29% Apr
C
9%
100
*85
89
*85
881
*84
88
*84
88
50c
20%
20%
20%
20%
v
20%
20%
:
50c
15%
30%
16
16
30%
'16
V
31%
16»/«
31%
16%
31%
29
29 Y
28%
28
28%
17%
28
20
•„%
12
Detroit Steel
2
De
3
Jan
—No par
& Western—
Vllbiss
Devoe
2
—
—1
Corp
Co
—
Diamond Match common
34
24% Apr 18
15% Jan 14
Diana
34% Jan
r
Distillers Corp-Seagrams
4
Mar 29
14
Stores
11% Jan 24
Corp;
Divco-Wayne
69
17
—2
.5Qc
T Motor Car Co.
Diamond
.
2
10.
1
25 <
cumulative preferred
,61.50
11
Apr
—15
—
Ltd
49
Nov 29
60% Aug 17
1
Dec
75
Sep
5
39% Apr 23
47'/4 Feb
62% Jan
May
62
17
82% May
3
Dixie Cup Co common—
No par
5% conv preferred series A
50
24% MaV
3
28
Jan
2
Dobeckmun Co (The)—
13
9
16% Mar 21
10% Jan
2
IDA Jan
14
12% Jan
2
95% Sep 14.
75% Mar 12
91
24% Jan 29
12
26% Dec 26
10
Dec
7
12% Nov 29
72% May 28
18% Dec
3
•
,
Apr
8
14% Mar 19
Jan
Dome
14
23"% Dec 21
82% July 5
20% Jan
10
56% Mar 26
67
44% Nov 20
50% Dec 31
42% Feb
16% Nov 23
21% Feb
10% Jun
14
6% Oct
1
12% May 23
11% Jan 17
Jan
_
..
.
3
17% Jan
237
Apr
5
121% Feb
6
83% Dec
26;
33
Jan
20
39
Dec
28
50
44
Dec
11
43
Dec
18
v
53% Mar
52/2 Jan
37% Apr
44% Feb
43% Jan
42% Jan
3
49% Jan
29
Dec
6
Feb
29
19
52 % Jan
12
14
54;
^
14% Jun
5
36 Yn Feb
17
54.
46
Jan
46
'
May
2
4
8
r
49
>
50
preferred
4.20%
2,200
'
8,900
'.
2400
66%
82%
82%
.100
24%
24 Vt
24%
2,300
10%
10%
13%
10%
13%
13
13%
8,100
78%
79%"
79%
79 y2
10,000
22%
22
*83%
*83%
25%
24%
24%
24%
10%...
10%
10%
10%
10%
*10%
13%
13%
13%
79
13'A
13'A
.77%
79
'
•
33,600
67%
•
800
22 '
22V4
8,600
62
63
61%
62%
33,800
55%
54%
55%
56
56%
15,900
18%
18%
*18%
19
—1
*10%
11%
*10%
11%
*10%
11%
*11
11%
7%
7%
7%
7%
7%
5
No par
29
22
17% Jan U
14% Jan
3
10y4JanlO
48% Dec
5
40% Feb
12
47V2 Jan
11
57 % Aug
8
37y4 Apr 19
Eagle-Picher Co
353A Apr
2
26% Feb
12
—50
i
50
-50
„5
—
—
-
7%'
-
-
600
7%
11%
7%
1,400
196%
194%
197%
19,300
104%
104%
86%
86%
500
36 Vi
36 %
32,100
194
195
193%
104
104%
104%
*42
43
*42
43
49%
43%
*47%
49%
04734
42%
42%
*42%
49
49
49
15%
*48
49
*48
49
*46
49
*•47%
49
*47%
49
15
15%
*15
15 y8
43%
*48
*46
*47%
15'A
19
*11
7%
192
194%
104% 104%
*86%
87
36
36%
43
43
,
19
:
7%
*47%
195
104%
86%
86%
36
36%
*43
44%
47% 47%
44
44
*48
49
*46
49
*48
49
15%
15%
.40
>-50
—50
$2.16 preferred
D W G Cigar Corp
-
192
*104
No par
_i
50
preferred
preferred
48% Jan
4.10%
-
86
66%
85
67%
90>
24%
.
10%
67%
439
66%
*82%
25
-
4;400
62%
.
50
-
-
i.ieo
.
-
V
22%
$4.15 preferred
Jan 31
-
32%
23%
14
32%
IOV2
; * 13%
'
32 '
54%
$3.75 preferred
2
Jan
-•
.
3,000
60%
Duquesne Light Co common
3
s
-
;
100
■
22
—:
49% Apr
Feb 24
•
r
13%
31%
10%
600
4 7,200
52%
32%
55%
19
Preferred $3.50 series
A%
1
<•'
.
60%
Preferred $4.50 series
Jan 24
-
<
52%
32%
32%,
23%14 y
32%
10%
18,400
16%
47%
38
23
International
Common
7
-
32%
32%
*23
?
54%
19
Duplan Corp
No par.
du Pont de Nem (E I) & Co—
2
23'A
13%
31%
10%
52
'
16%
47%
*35
52
32%
32%
22%
-
60%
Dunhill
2
38
54%
18%
4
34% Jan
39
Jan
67%
47%
*35
54%
18%
15
1
122%
-V. "13%
30'%
r 10%
*46%
50c
1
Apr 30
3
.
,
¥<16%
;
67
78%
22%
Jan
Mar 27
...
16%
-
44%
3'9%
*63%
'
16%
35
52% "v
32%
33
24%
60%
Jan
89% Feb
32%
32%.
22% '22%
13%
14
30 y«
30%
10%
10%
67
46%
'
,
39"%,
49
44%
39%
800
4,400
19,500
Y1' 1,500
2,400
T ' 8 ,5 00
18,100
V
79%
23
9
110
16
46%
35 .
".51%
',32%
*32V2
46%
35
52%
32%
32%
39%
*63%
17%
24,600
"
,
59%
19
197% May
16%
17%
48%
;:
29
28%
24%
44%
.
16%
32%
29
23%
44
*63% 1 66
/
5,600
20,900
20%
31%
79%
22%
12
8
.
,
•"
88
'
23%
4,200
16
17%
48 *"
47%
4,800
28
Y
28
17
-
23%
44
39%
43%
39%
67
16%,
46%
*30 52 ...
17%
48
1
20%
"
28%
"
84
•
27%
'
•
'
16%
32%
"28%
•"
28
*83
20%
900
82
*84
20%
'16
31%
'
31%
23%
!
48%
V
10
8.900
5%
13%
37%
48%
--5
1
1
:
22%
13%
30%
10%
13%
Co
2
2
;•
,
48%
29
•;:. 3.000
-
—No.par
1
Corp
Chemical
2
Jan
6
18
47
Nov
Dow
»
66%
85
Dresser Industries
Drewrys Limited U S A Inc
83% Jan
27
44% Dec
,46
,
Dover
<
2
176% Mar
3
38/8 July 12
.
Jan
104
,
99% Jan
Feb
12
•
175% Nov 29
102% Dec
28
Jan
7% Mar
11
/■'.
23
Ltd
Douglas Aircraft Co
57% Apr 17
57
Mines
16%
No par
.
*63%
35
52%
>32%
32%.
65
*79
24%
10%
—1
23%
.44%
39%
43%
.'39%
.
45%
No par
Dr. Pepper Co
t "
67
137/8
30%
10%
2
48
23%
23y8
44%
39%
37
29'
*28%
28%
'
27%
16%
,
16%
48 < "'■■■■I48 i.
16%
48
,
16
45%
*30
51%
32%
32%
22 %
-1
Corp
.
43%
39%
*63%
20
&
.
48 i.
22%
Light Co—13.50
Inc
21
>
17
50
Raynolds class A
Diamond .Alkali .Co,
31
37% Mar 13
25
,
Detroit Hillsdale & S W RR Co—100
23
57% Jan
.Apr 24
31% Jan
20% Feb
13% Aug 27
May 25
22% Jan
1
May
32
C
65
12
43% Jan
series
11
20
40
84
Detroit Edison
Dec
11
*82%
40
43% Dec
9
Apr
Vt 32
83
2
61% Jan
Jan
*81%
-
26
79
7
.
83
u.r<
37% Jan
*80
*81%
3
38% Dec 14
33'/a Jun 25
*12%
37
83
Hudson
Lines
36%
48%
*81
Denv & Rio Grande West RR-No pur
Air
13%
37%
49
*12%
R—100
10
700
2,800
,
51%
5%
series
preferred—
Delta
13%
5%
i
82
Delaware Power &
2
Apr 24
5%
*80
44 % May
28
-t
82
May 3
26% Apr 18
29
38% Jan
5%
36%
47%
*5%
*12%
36%
47%
*80
common
17,700
,
11
82
49
41% Feb
May~14
84
10%
*80
25
July 25
48
51%
*81%
11
83
Lack
47
Ja~n~23;
52
*80
Delaware
16% Apr
54
A——100
30
25% Apr 27
54
47%
&
13
54¥4
84
" -1
•* '•
42%
36
.
'
211/2
42%
48
.
800
571/2
■
.
43¥4
36%
Inc
15,200
-
43%
-
.
700
.
11%
:.51%
51%
83
10%
,
300
1,000
"
.v*8l
10%
51%
13%
5,100
8
42%
36
Delaware
26% Feb
22 % Apr
38%
7%
Co
>.
23,700
">
31%
57¥2
,
890
-
59%
-
..7%'
43
48
28% Apr 25
25'/a Jan
7
31% May 18
26% May 28
18 % Sep 10
36% Jun
8
*59
" > ; 31%
•■'"'7. 11%
*21
28,100
8 7'8
*42%
,
5"%
*5%
*12%
29% Y
8%
53¥4
y.
*81 *
.10%
52
.
29
211/2
42 ¥2
84
10%
51%
*79
-
57'/2
#21
43¥4
*21
670
U
30¥2 .-fi
.
12
571/2
;
211/2
42 ¥2
10%
Corp
M; :
20,400
.
32%
:
11%
;"":v
12
58
211/2
10%
Davega Stores
11%
*57
1,800
r,
¥4
301/4
"
8
51
97
-
32
31%
31%,.
15%
14%
.,
t
61
.
; 8
43%
52
81%
16
8
*59
,
43
10%
Nov
18
9¥B
>(
31%
42 3i
52
81%
Inc—
50
12
28 ¥2
co
.
*21
1
100
Mills
River
24
Dec
*31%
.
12%
—5
Corp common———.—
preferred series A
3%%
Dan
44 Vb Jan
el
30
1,200
••'.
4,000
30,700
29%
5 0 ¥4
,
32¥4
27
43%
-55
—10
——
6% Feb 27
13% Apr
3
37% Apr 12
20% Jun
12% Dec
;
571/2
common—2.50
b'/o convertible preferred
20
Daystrom Inc —1
—10
Dayton Power & Light common—7
9
Jan
Dana
l
12
4% July 16
12% Dec 27
95% Mar
31%
■•-V'.' 9
¥4
44
43%
1
—
—
11%
211/2
43 ¥4
—1
151/4
14 ¥4
'
*96
29%
*
7% '. 7%
Va
57«/2
'
58
>21
__No par
common
Cutler-Hammer Iuc
8
79% Jan
10% Feb
24
Class A
14
19
17% Mar 19
Sep 27
.
^
311/2 ■'%
60
8
31 ¥2
121/8
11%
*57
—
Prior preferred $1.60_i.
Curtis-Wright
11
11% Dec 31
83
v
'
'60
69
*7%
•
May 16
;
29
29 ¥2
v
29%
97%
60
<
Publishing common——-1
preferred
-No par
r>rlor
$4
11
49% Feb
56% Nov 23
Dec
28 ¥2
Curtis
9
51 ¥2 Mar 29
49% Nov 28
1
47% Oct
27%'
Cunningham Drug Stores Inc—2.50
28
11
19% Jan
3834 Feb
Nov
29 ¥2
141/8
28¥2
503i
9
5
100
47% Jan
19
49% Nov 28
65
28%
—5
33'/2 Jan
12
21
1
301/4
"
Apr
21% Apr
53% Feb
20
Oct
29
Cuneo Press Inc
13 ¥a Apr
14
-311/e
291/B
Cudahy Packing Co common
4 ¥2 '/o preferred
58
33% Feb
31%
29
pfd——100
Sugar
—10
1 15¥b
141/4. 151/8 v:
13%
*28%
■
'
'
noncum
2
18
Nov
31 ¥4
29
6'r
6
7% Jan
23
9
32 ¥a
29
15
"28%
•
'
19% Dec
-79
2
3iy8Jan
,
31%
RR
Cuban-American
25
Feb 131
40
.
¥2
97 "2
48
28%
.*28%
15'%
14%
15%
12%
28%
>
.
—
Feb
9
15%
12 = 8
12%
preferred
65 ¥2 Jan
3
26% Jan
53
10
9% Sep 14
63% July 19
3
52% Oct
Jan
¥
15%
28%
%'28%
28¥4
$2
4pr 17
32¥2
15%
28 34
28%
28 %
Cuba
18
19
28' '2
*.
——Nopar
Crown Zellerbach Corp common—5
$4.20 preferred ————No par
Crucible Steel Co of America_^.12.50
11
92
23% July 25
13
.
2
26
2
104
Dec 27
Apr 17
Apr
(The)-
,_2
Crescent Corp
_1
Crown Cork & Seal common.—-2.50
311/2 Feb 18
Jan
>
of Wheat Corp
Cream
7
28% Dec
16
14
29% Jan
2
86%
86 %
87
36%
36%
104%
87
36%
•
;
36%
1,000
*42
43
49%
*47%
49%
,50
43
:
*43
43%
400
*45
47
t
*47%
49
*48
46
46
20
49
"50
'
'*
2,260
15
•15
E
29% Jan
23
75% Jan
23
150
Dec
18
51% Jan 23
22% Nov 30
74
Dec
17
35% Nov 20
90
Nov
15
54% Dec
17
1003/4 July 17
170
Apr 12
66
Oct
Jan
94
Jan
Jan
50
39
26%
27 Va
30
813A Mar
5
Mar 12
13
Mar 12
55 % Feb
52%
50%
52
<
50%
26,300
96%
9434
95%
943/4
95%
94%
95%
15,000
%50%
151%
*150%
151%
59%
*150%
X59%
151%
*150»/4
151%
152
59y2
60
60
59%
60
1,300
26%
26%
26%
26%
26%
27
2,800
79y2
79%
70
34%
2,100
78
78
78
78
Jan
16
34%
35
35
35%
91
Apr
8
93
*86
21% Jan
9
18% Mar
5
1
30% Feb 11
3% Jan
2
31
Feb
8
11% Jan
4%%
4%%
21% Nov 27
34% Mar 9
87
98
5
32% Aug
9
23% Mar 29
88
Feb
77
J"1v1«
2
For footnotes se»
page 26.
19% Feb
-
15
32%Feb 15
84
Feb
15
Elgin National Watch Co
31
Elliott
21
Jan
2
18% Feb
12
71% Jan
3
77
50 f
7
'O?
Feb
.
1
Ffeb
28
,
21 y4
21%
21%
21%
38%
38%
38%
37%
38%
4%
3%
32%
321/4
3.2%
32%
32%
32%
11%
12
12
12
36
36
36%
54
*52
50
*59%
61%
61V*
611/4
3
36 ¥2
36%,
36%
37
___3
34%
35
34%
35ye
4
3oy4
30%
3oy4
31
:
32%
12%
35%
*52
:
6
5
20%
10
Endicott .Johnson Corp common—25.
4% preferred
-.100
Equitable Gas Co_
8,50.
; Erie RR commou
5% preferred series A
Erie <k Pittsburgh >RR Co_
4
4
3%
32%
36 Y*
54
—33%
*85
.
.
21%
38
11 y2
preferred
Class B
7
32% Apr 30
20% Jan
7
2nd
Emerson Electric Mfg Co
Emerson Radio & Phonograph
Empire District Electric Co
14
35% Apr 10
89% Jan' 14
conv
_100
_.
.
19,.
6
♦34 y4
*75-
31%
V,
*85-
62 y2
37%
38y4
36
35%
31%
36%
31%
25,700
31%
6y4
4,600
6
21
34y4
-
1,100
56,700
8,100
20%
20%
800
¥.34,%
343/4
34%
1,100
86
r'*85
86
.*85
..
6
6
21
L
34%
66
-
62 y2
38
35 ¥4
21 ¥4
*34-
-1
'
__
62%
30%
30%
6y.
3,100
12,900
36%
53
37%
35%
6%
*203/4
32%
18%
'»
76
-64
35 ¥«
12
36%
—•
"
:
J.9V*
.*60-
*61
37 ¥*
30%
•
-
34%
86
62
4,100
32%
*52
53
2.500
16,900
46,300
4
12
12 ¥4
36%
*52
6134
21
*85
.34%
86%
12
36 Va
53
36%
;6y4
20%
20%
x3iy2 .31%
No par
-iuJiO
6 ¥4
;
93
*86
21
4
35%
El Paso Natural Gas
34%
35
93
39 %
3%
*52
10
preferred
5%
-
34%
21 y8
-
50
15
common
5%
38% Apr 18
38% Apr 22
32% Jan
3
6% Jan
Co
10
Battery
79%
*78
*86
93
22,160
120
21
Electric Storage
4
152
38%
39%
27% Jan
Jan
*86
21
14V8 Jan
9
93
3%
32%
Elastic Stop Nut Co
1
Auto-Lite
(The)
5
Electric & Mus Ind Amer shafres—
37% Apr 10
52
Apr 11
62% Apr 10
8
34 y4
*86
38
6
27% Apr
5% Mar
78%
34%
2.50
—1——100
20%
3
3
*78
—100
—u
preferred
Electric
2
8ep~12
preferred
Ekco Products Co common
403A Apr 25
4'A Apr
3 "
35Vt Mar 1
30% Feb
13
51%
94 y2
40
28% Feb
7
53
94%
8iyaApr 11
4
15
1 r>
52
94
90
53% Mar 14
.
560
52%
—10
77% Mar 15
29% Jan
r»o„
80%
51%
80
4934
33y8 Apr 22
57% Dec 13
701 .Dec
39%
'
3
31% Dec 28
..{llf
39
81
10
10
25% Jan 11
19% Dec 31
39%
80
27
19% Dec 20
31% Oct
1
'
39
so v4
27
47y8 Jan
Jan
39%
80
59
27
Nov 23
—
39
81%
26%
13
13% Jan
Corp
common
40
80 Va
59
Feb
1,700
38%
8iy4
26%
44% Feb
30%
preferred
13,000
'
100
Steel
Kodak Co
27
38%
58%
29% Dec
31
6%
Stainless
39%
81.
2
Jan 30
50
Oot~31
28
Eastern
Eastman
44
38%
38 y8
Edison Bros Stores Inc common—1
17% Mar 20
34% Dec
5 % Dec
30
>
100
5
Eaton Manufacturing Co-,
Nov 20
21% Jan 20
25%
3
96% Apr
158 Ya Feb
prior preferred
14
May 16
47
-
53% Jan
4V2 %
14
3
Dec 27
38%
27 %
150
18
Apr 12
39%
26%
26%
44
38%
263/4
27y8 Jan
4% Jan
11
,
43 y2
40%
26%
64 y4 Jan
21% Dec
413A Jan
34
44
39 y4
27
;
28
23/4 Nov 28
14
42%
39%.
27
10
—
23 y8 Mar 21
16% Jan 30
32% Nov 29
32% Dec
43
38
813/4 Feb
3
108
41%
1
Eastern Corp
10
Eastern Gas & Fuel Assn com—_10
4l3/ePeb 13
29
30
41%
Eastern
3
Airlines Inc
5,200
43%
40%
4
30 Va Apr
40
Apr
80
14
26y8 Nov 28
513A Jan
303/4 Mar 13
43% Feb
19
*75
1
*60
76%
.
.
64
31%
.
.18%
.75%
'19
.
75 ¥2
*59%- '61
-
:
19
32
31%
1«1»
•32¥b.-32%
'
*75
*
»59%
-
^
76
k
^
5,300
92%
18% -19
76
76
4,500
-
*
•
61 ■'
-
200
^1L—
Number 5635
Volume 185
r..
The Commercial and Financial
Chronicle
(2111)
NEW YORK STOCK EXCHANGE STOCK RECORD
•
"
Range for Previous
Year 1956
Lowest
4
15 Vis Jau
20
STOCKS
NEW YORK STOCK
Range Since Jan. I
Highest
20% Dec
Lowest
29% July 17
13
14% Feb
Mar 23
20
Highest
22 % Feb
5
42% Apr
26
Apr
30
51% Apr
% Feb
18
7
15% Jan
3
12% Jan 24
15% Nov
15
10% Apr
11% Apr
1
10% Sep 26
15% Dec 28
9
16
20
12
15% Feb
26
22 % Jan
22
26
Apr
21% Oct
16
25% Mar
20
75% Mar
55
6
68% Sep
65
Feb
43
17
7% Jun
14% Dec
5
31% Jan
11
55
Dec
•
27
23
241/4 Dec
1
4
18
36"% May
18 74 Dec
21% Sep
30% Dec
8
26
Dec
'100
Oct
68
Falstaff
10
10% Jan
10
Jan
41
47
V
Mar 12
10% Apr
24
% Jan
11
88
Jan
11
6
53
Feb
12
111
109
Feb
13
159
July
6
Feb
•"*■ Nov
30
100
Mar
5
84 % Jan
63% Mar 12
54 % Jan
16% Dec
21% Jan
16
-
3
Feb
24
24
41% Apr 18
13% Nov 28
35% Feb
8% Feb
11 % Jan
2
13"% Mar 12
11% Apr
13
78
July 18
971/4 Mar 20
86
Jan
Feb
16% Mar 22
15% Apr
22
Dec
11
79% Oct
4
38% Apr 23
19% Feb
94
73'/2 Mar 27
Mar 29
49% July 20
9
32% July 31
3
30% Sep
28
43
Dec
' Jan
23
54% Dec
/
Jan
4
31
Jan
47
;i4%
Dec
12
/'3%
Jan
39
9% Feb
4
99% Sep
106%
19
Mar
5
9
73%
125
Dec
17
Dec
28"
12
Jun
May
14% Jan
99% Jan
;
s
May
23
84
10
,10
135
26
128% Jan
17
'. 22% Feb
27
34% Feb
6
84
Jan
9
35
Mar
6
1
130
13,
Oct
25
Jan
13
27
17% Jan
3
13
Apr
Dec
7
13% Jan
5
11
May
45% Oct
21
5
Oct
1
Apr 26
50% July 23
31
10'/a Mar 20
19
61
73% Dec
May 9
108% Dec 11
40 %
110
59% Mar 19
31
124% Feb
Apr
109% Jan
85
Dec
27
101% Mar 15
841/2 Jan
31
Feb
1
10
37% Apr
3
75% July 17
33% Jan
50% Feb
"
34% Oct 23
53% Feb
28
4% Dec
17
5% Aug 20
34
May 25
38% Mar 28
29
Nov
34
19
14"% Feb
4
24% Nov
29
32 % Oct
Dec
38
36
Nov
Jan
23
46
Apr
34% Oct
66% Apr
32% Feb
12
39 % Feb
12
24% May
3
5
55'/4 Jail
108
«/a Jan
7
78
Jan
2
86
90
Apr
3
95 % Apr
25% Jan
21
12
18
61
Cigar
8% Oct
40% Jan
~31 "
9%
451/4 Jan
Jan~12
General
5 <;'o
Mills
General
$5
Preferred
General
Jan
2
34% Sep
28
41
34% Feb
28
3
Sep
153
66
60
14
5% Jan
Mar 14
Oct
Jan
163
1
Nov
23% Jan
9
23
84
Dec
General
'"20
4
37% Jan
14
,No
97
•'■
-•
-
15%
20'/4
75%
83%
,
F?
>
417a-
331/2
5514
>:<'"•
;.
f,
61
6014
♦53
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\\ l/o
'til
5J4"
/
7'/a
33
iO
8
15
15
•:
■
■
51/0 /
5V4
4%
39 Vs
-v
Gimbel
Corp
Co
26
Goebel
21
Gold
4
Goodrich
70% Feb
12
3
Goodyear Tire
-
;
60'%
-
16
60 % Sep
13
48% Mar 12
27
101b Dec
3
2% Feb
14
<fc
36% Aug
Jan
34
Feb
34
Nov
19
45
77
Dec
31
99
9
60?s Dec
Jan
•••«
'•
18
*9014
92%
57 7|
5814
17?b
1774
44?a
457^
1674
11%"
1674
;.
108%;
;:.i;i6T;"
16
457a
V;,: 19%.
z ; >74
•
1974
97a
*'*9%
9%
134
Feb
17
' 7
84,4''6U',''''%
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<1261%
■:*»
*'■?.
10
/
10
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n
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43
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%
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it
7;
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10 V.
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f
25 % Feb
14
v
79
29
Nov
2
-
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;. •*53
.'59
7
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,.'4(3274
9974
V
r
-
38% Oct
.
:
2
19% Oct
41 % Aug
8214
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9%
2
Grace
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X
427a
43
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&
66 Vu
6374
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413
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30
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44'/2
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4474
4474
45 74
26
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257k
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85'%
8514
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26
26
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2574
90
90'4
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10
.
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163
4 ?4
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81
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ft
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f
152
363
66
1
26%
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f
661/4
2
130% Dec
46% Apr
23% Mar
149 % Jan
31
3
1
11
70% May 25
25% Nov 20
79% Jan
18% Den 27
91% Oct 30
,J4%Feb
For
10
33% Mar 12
9.
59% Dec 27
j
17% May 10
„
-
96
Inc
1
2
Granite
6
Grant
Grand
Union
Motors
Co
*814
174
Co common
31
'■
174
■
537a
1%
174
4%
4r!a
*158
163
3%%
preferred
72
-Jan
3
I
v
874
9%
874
30'/4
301/4
301/4
-48%
4974
49%
3274
33«A
3214
3274
8514
84
84
33%
49
48%
*
32 3a
*
Jan
18
3
14
Great
.
33%
7
Great
Northern
21% Jan
11
Great
Western
Apr
70 «/4 Apr
26% Jan
11
.78
18
2
Jan
138
8
Jan
22
11
8
14% Jan
2
16% Apr 30
-80% Jan
15
18% Feb
,
.09
.
Feto
4
1
13
Ry
Co,
Sugar com
1c,b
Green
(H
L)
6'/4
67a
6%
6%
87a
2,300
30 %
30%
3,500
497a
32'%
32 7
82
V
.
<
•,
82
G%
6,000
2,300
j
.
see
30
Co
Inc_i
3174
3174
32
32
32%
3274
33
2,300
80 %
79%
79%
79%
7934
79%
80
79'/4
79%
2,100
43%
43%
4414
441/4
4474
4474
4474
44'%
44%
6,700
43%
No par
No par
-
,100
100
2074
130'%
-
*72
1
Greyhound Corp (The) commonL—3
W\ St * preferred,Oil
JIQO
31%
20%
131
74
2814
28%
193«
.
19%
16?e
16%
2014
132
*72
32
20%
20%
133'%
*72
20
20%
16 7'a
28 'A
28?4
167b
*
-
-
*85
-
133
-
2074
2874
21 ?a
16'%
1664
85 %
85'%
•
••
...
-
74
.28-%
;21
(
16%
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74
28'%
.
21%
28%^*
21
•
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3^700
16?a
85
/r
page 26.
o
-
3.70D
a,40O
1614
85
1674
87
.
21
28%
•
85%*"8S% t'S
170
135
»72
,
1,500
2014
.135
133
•72
74
74
28%
*
135
2014
20%
20 la
20%
134
"70
f
footnotes
.
2,500
6%
6 74
6'4
80
Greenfield Tap & Die Corp—No par-.
*-*
614
16,500
3174
Prop,_No pat—25
preferred—,
Green Bay & Western RR
.•
'
10,100
17a
9,700
;
6%
Iron Ore
45 % Jan
Feb
85%
*84
Stores—
Northern Paper Co
40% Feb 25
3074 Apr
21% May
;
Gt Northern
85%
*84
1,900
547 a
12,100
49
3074
4914
49%
33%
874
9%
3074
337b
*
5374
x
-
9
9%
3014
48%
Ex-distribution
20
-.130
,
May
t
9'%
5
*84
5374
72
8374
174
-.53'/a
1%'
163
71%
33
■»".
174
-7,000
8214
/ n:
«
:
32 34
•1:
400
4,800
47a
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3274
174
10,400
3674
474
•
K
54
.
17,800
91
'
83%;
.
31%
12.50
100
'1%
257a
36'/a
;
,71
.8214
,
33
53 74
•
874
42?4
♦90
36 34
36
r
4?4
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•32%
53'4
54
974
5
—,5
3214
22,900
25 7a
"
v
"
33 %
53 74
.
No par
(The)
City Steel———
(W T)
32%
4
19,700
27
4174
8 74
91
*90
V
a
82%
67 '-
26'%
,
56
*
72
,811/4
400
56
%
6774
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240
155,600
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1
27%
42
290
86
♦85
26%
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V
.
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71%
81
■
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7274
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36 74
.
163
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,
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•
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4?4
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30,050
32%
327a
66 74 X
427a
1,900
1,700
94%
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3,000
-
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151%
Va
2614
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2,600
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8574
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65 Vs
■
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29,900
•
26 y2
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9
3174
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187a
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31'/e
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8574
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80%
79%
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'
152
153
152'4
81
,
220
36%
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4614
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•
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1
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18
18
700
1,400
•'•; 500
62%
41'/4
90
148,400
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46
^
6,800
4,500
1
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8614
39
39%
474
l-.
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2574
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34'%
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82'%
567 s
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11,800
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4574.-
25%
64 Va
1101%
-
i
3674
30
177b
30%
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714
8514
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36 74 •*•
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1874
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86
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./
40%
177a
156'4
64 74
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46
94 74
90
4,300
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6614
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1103/4
40%
32%
474
.
39%
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17 ?8
84%
65%
'
;
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46%
152%
180
500
-j
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13 74
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4
t,
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10
42.50
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4214
4274
86
4074
36
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1,000
126
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a
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.
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•
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11
1
.
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63 78*'
111%
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9974
>
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65
61%
Co,,
36% Feb
6% Apr
200
1,700
15,800
•
3274
40
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■*...
64
387a
Batteries
5974 Jan
85
u
58
* 3914
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V
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13 %
861/2
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•
42
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f
85
126
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t
41 %•
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33
6,000
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1
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8
2,700
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1
132'%
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13
734
4
Graham-Paige
12
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,'/
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-
637 s
,
100
9
Feb
'
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99 74 "
25
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8
79
2,900
■
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11414
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91%
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26
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3,000
''''*•
42
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25
*83'%
1
1
•'
:
2474
■
841/4*5 8414
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7
1%
—
-
65?«
1
10c
2% Apr
15
107a
32
39
4 3974 .•.•82% ; 83 74-
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13274
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126
1281%
64'%
Co—
,
^99%
11%
13
Corp,,—^.'5
13?b Jan
5% Mar 12
10
■
3,600
2874
4G14
••
it
39% }.
974
251/4
♦110'%
com
■■ •:*.
32 74
'
39%
;
_,10
Gould-National
*■'
108% July 17
" •;./'• -i
43
;
•s
*46%'" 4674
774"
*32%
331/4'
'/ :1474
St
514
>3174
*9974
42% t 43'%
64 %
& Rubber
Jan
86 % Apr
•
•
8%
2814,
.■••■;;• 41 Tii,
V T 7 •'•;.
v
-K
.33%
14% »147a
•
417a
•4174
•'47
,:l'Z
r-';
2814 '
41 ?«•
281/4
7.%
.
135
*•
110'%
IB
57% Jan
3
1,800
3,500
'
Z' *75
8%
*11%
/_No par
31% Apr
79»/2 Jan
12,b(J0
,*
16%Z(;,,t Z 300
20f9 Z. 51,000
Z " '-,90
/'J.?
8%;
'
*
7% May 18
107
-
:
■>,.'•
43%
*32%
83
135
*25
6374
Signal
Grayson-Robinson
5% Nov 29
56,400
,
197a
75%
J
17%
>15%
?
17,400
117 4
106
"
16
100
26,400
:
47"
,.16%
;
1174
107 74
'•10
(
46%
397b
Corp— 1
2
46% Feb
3
5,600
■ti.
41'%
-
v.-/'
997a
82'4
41.1%
••r-
series——No par
31% Mar 13
9
10
131
1814
'
110'%
com
Brewing Co
4
Stock Telegraph
Co
':
—No par
84 May
1
25V2 Feb 11
20% Mar 16
29% May 28
9,300
3,000
61
*
*123
,
1% Dec
*'
1
5814
'I-
No put-
(The)
Jan
.
82'4
82 %
1
Brothers common
Glidden
397a
—100
$4.50 preferred
Jan
44% Jan
■/•-*
95 "
92 Vz
'/a '--874
28%
17'/a
Co—J.
4% Apr
35
3,500
1774
1
*42
43
common
(The)
--59
31%" 3174
7997a
'39»4
17%
preferred
Gillette
*53'
31 '4
42 'A
Corp—,:
Products
/ 60
17% '
When issued—
75
7
1,600
fl
58
'
7o
%
10
!
33
43
preferred
Georgia-Pacific
t
307%
conv preferred
,100
preferred
100
5'a% cumulative preferred—_10()
160
31% Feb
30
•
""t >
nr</*}
10
7
*98% />99^
'
4%%
6
18
v.
411/4
41 lo*
*91%
•
130 /'
*9014
;
1974
i95%
:
V
95
*124
1174
108
*15%
/.
43%
•
147 B"1''
147'b
,10
—
Corp
4
Apr
-
1,100
3,700
58
167a
10774
87b
8»%
10
^
7'/4 "
*321%
& Utilities——10c
Time
2
36
11
98
K.'s» 5774
'":'• ••"' 547a:.
447 a
.1174
/
757a
75/a
IOVs"'1 S
7'%
p^r
—
Castings Corp
Telephone Corp
31/4 Jan
28% Nov 30
<
12 *4
577 a
'
100
Corp
159% Apr
66 %. Feb
837s May
„
/ *75
$5
Mar 18
91
J,13%
19% i20'/o
.1578
171%
General Tire & Rubber
25
26 % Mar 26
22
*15%
437a
Advertising
Railway
General Realty
23
27
108'4
42%
Service,
25
89% Mar 2.3
107 '/a
42'%
Utilities
5
90
7
109 V.j
No par
Public
8% Feb
97% Mar 21
1081,4
(Delaware) _1
General
Getty Oil Co
31% Nov
lo
ii_5
Public
Gerber
8
16
cominon_^_2
General
24
6
43%
25r4'"'1
preferred,
conv
29
Dec
■'•
/
92
*9074
•
16'%
'11%
25
Precision Equipt
$1.60
Apr 26
46% Mar 26
*121
44i%
11 Vz
134
,
$3.75
24
90
43%
5
Corp
Outdoor
56% Apr
23
45%
42%
157a
Texas-i—5
common
Motors
27% Apr
Mar 20
60%
128
1874
5'%
u--.
preferred
6774 Apr
Feb
10%
37%
2,000
'
5814
'
preferred—
12
8
-"/lO'/t,-
1274
*91%
177a
16%
4100
dnc'coin
Co
Instrument
24
41
/
5774
—No par
General Finance
Corp
General Foods Corp
Apr 23
156% Apr 29
2
20
•
'
18'%
com—1
Electric Co
26
23 %Jun
% Mar
of
preferred
Dynamics Corp
43 % Feb
July 24
54% Aug 23
3
Co
Contract Corp
General
107
32% May
92
^
series
25 % Apr
Jan
Oil
preferred..
General
5
23
General
General
12
42
92
60'4
/
58'/a
com
General Steel
121% Apr
86% Sep
6,600
'>
•
■$*>«•> 371*
'-"•94
57?4
54"
/••if,
41'%
^
'
90%
%1%
Transportation—2.50
Baking Co common,
4—5
2
Nov
23
23,600
4.974
10%
41%
53 7a
53 ? a
.
18' %
Amer
8
96
41
General
7
Jan
52 % Sep
Amer
45% May
100
13
V General
Shoe
29
'
-
r'w', 4914.
'12 74
/
57%
16
preferred—I-_5o
General
82 % Apr
2,500
■
377a
*94
13
57%
57
90'%
.-U4-1
Refractories
16
45% Dec
convertible
General
Oct
37% Sep
6%
30% Mar
7
:
94
94'
*i2?4
'
General American Investors
$4.50
preferred-
8
102
25% Nov 27
t
10
37% Jan
•
5,900
•
5814
/
57%
94 t/jj-i 97
*
-:*i02Vz 104%
j
10%
40
"
7 "
.•
•,.(■/ /
36%
:.'•/
57
27//";
27 /.
,
94
50
99Z ' 99.;
-
'
18% Jan
May 17
27
""
27% Mar 19
6
10%
18%
preferred——50
50% Jan
90
75% Nov 28
4V2V0. convertible
1
Mar 20
5914/
49%'
3674
•
103'% 103'%
4974
10%
5 ';
27
i'92%-
1
•/'?■ 57
58'
!
>
104
36%
•
/•
v
'
57
2674
;
*92%
49'%
100
-56 74'
>
58%
91
*102'%
•
99
'
/
'
28
28 %
2874
■/'"• /"
2674
57V4
«
128
477 a
General
23
2674
41%
4
;
■
58%
com,iL_l
7
,
287a
10014
'-56
90
I"
i/,
Inc
43% Jan
8
287a
287b
6074
59 Vz
*121
47 '/a
(The)
Industries
33% Jan
13
V
6,700
3,500
*99
95
413a
common
2
24%; Feb
.
22
47% Nov 29
Inc
25
Mar
1,100
29 %
18%
.
',701)
General Portland Cement Co
Feb
26
287b
577'B
Co
4
16% Mar 18
60
4
814
12
11
*2574
29
90
,
(Thel.i
Apr
37% Feb
1,100
26
:
Jan
4% Apr 22
9%
2574
>"/
91% Feb
27
2
13
/
■•
68
;
*
2,600
14,500
/
28%
128
1
40
42
7
29% Dec
2
31%
9%
'
974
974
2,100
" >
19%
31
26
/•:.. \ 55%
417a
41%
*92
47
24
34% Mar 12
7
29% July 18
4374 Jan
53% <53 7a
/
11%
_
2
12
59 7
-
96
42'4 <'
30
115% Jan
*
11,300
34%
'/♦1914
:
1,400
247a
,
28'A
'
2
4% Feb
19
2
2
54 'i/'
41 %
j
I
21
31% May
28
18% Dec
53% Dec
9
34% Jan
4
Jan
1974
34 "
27%
*121
.
36% Feb
35% Aug 24
=
Jan
115
16
53'A
•r*
~5
Z "Z~~~2
—ZIlO
NoTrnr
Jan
60
24
Nov
31
69
381/2 Feb 25
16
2
62
v ; 4014
2414
''
19,400
"
common_ZZZt
Corp
General
3
*
26
v
■l:
Wood
General
11
,
97 a
*40
3174
31
;
*60
? "
341/4
*1974
/ *•
•-*'
'•*-"•'
25%.
3374-
I9i%
z* 16
4014
« 2474
,
V
31'/4
58
47
Gar
12
8% Jan
19'%
9%
62
40
337a
'
1674
*59
4-0
30%
1274
56"u
42 '/a
Garrett
7%
44 % May
V
•
62
*
25%
28'A
General
18% May
12
12
110
1
49% Mar 20
May 28
Dec
18
122 % Mar
Feb
6% Feb
13,500
•98
-12%
t
28'4
64% Apr 25
15% Feb 27
40
*94
12'%
r
.'57
57
43'%
Apr 24
68% Apr
•: 37%
28'4
6'fo
52% Feb
•:
10
General
54% Jan
37
28
22
2
•
*42
22
13
Jun
5
16%
39%
4912
•
--lib
12 % Jan
65% Aug
6% Dec
Mar
1,000
16'A
3374
*10% », I&V4
10%.^
9b
127'8
convertible
Mar 25
-
4&
~
General Cable Corp com—
No par
/ •- 4%; -1st preferred—ti/i—LlOO
.t
Z
►>
37'%
*94
__j_._i
44
86
49 %"
37%
57a
91
104
/
5974
57a
59'%
901/4
*102'/a
69
5714
6
26 V2
57%
•f
92 'A
•!<<10%
'4
26%
.*65
2,500
57
25
100'4
55%
69
5,100
>
*57a
16%
28% /28?4
55%
104
43%
"*65
'
55%
97'4
2574
27'%
*99
60%
91%
*102%
S3 preferred—
/ General Bronze Corp
3
*
4
26'%
59
100
Apr 30
26% Jan 11
May
•'
55%
6.25
;
v
24%
ilkV: 15%'
:l ZZ 241a
5 '/a
•
*9%
271/4
100'%
26 %
'
1,800
1574'/.
24 74
/
68
119,30c
241/4
•'15%
•15 '/2
3,500
""
13%;
1574;
55%
"■:•'
31»4
preferred——„5o
(The)
No par
Gardner-Denver Co
___5
5%
•14 74 Jan
59% Dec
17
15
23%
*59
19?'B
/
25%
.
27'%
283
V4
31
56%
10?4;
167 b
V-
g
Co
2
1
43
Co
preferred—.
15
52% Jan 23
11
Feb
>43
123% May
Apr 23
13%
5%
/'
3374
*19
v.
26 ^
26%
lo
Corp,—
American Indus
Jan
40
Corp,
General
41% Apr 24
9%
*25%
loo
/_
;
2
25
19'/4>
'25'/a
33%
317%
9*%
55
Acceptance Corp
Jan
137a
54%
.-•
40 '/a
24%
'
19%
_100
—.
General
101
39%
29 7 «
5
Dairies Inc
Game well
X
26% Jan
■
;
40
2~50
common—ZL~5
19
Jan
97 % Feb
34'%
No par
15
9
Jan
247/8
No par
Gamble-Skogmo
2
52% Mar 18
'.32% May 2
131/4
*64
68
*59
62
«
33%
NY
5% Jan
Jan
•'
5
15% Feb
30
<1374
*59
HZZZZZI-1
comlZNo par
36% Jan
v
10%
'
14
72
138
'
31
3
62
*59
24%
preferred
Gabriel
11
Jan
1675
Machinery & Chem Corp —10
% c/o convertible preferred-—100
4:t>
.
8
874 Jan
16'%
25
;
Fruehauf Trailer Co
11
54
4% Apr
51
119 V Oct
13% Dec
6
8
43% Jan
12
24
16%
"l
Sulphur Co—
Froedtert Corp,—.
14
Apr
36% Jan
34% Mar 13
41% Nov 23
13,
30%
Apr
45
31
142
24% Jan 23
80% Dec
-
10% Aug 30
1
May 22
Dec
13
:
39
60% Oct
Jan
•
16%
:
com_„__5
Freeport
.;8% Apr 24
10% Apr 10
•;•
32
31
Nov
30%
24
4
11
7
5
Dec
24% Jan
80
5%
Co
Co
Francisco Sugar
Franklin Stores
*•
"55%
5%
Corp,—IZ
71.,
& Light Co_~No*par
F'oster-Wlieeler
20
53%'
57'a
*63
%9%
-
1074/: 1*"
.
563/4
68
5
Co_____
56%
10%
'*
24Vb "241/8
*5%
series____50
Co
Ford Motor Co
9
237/a
55
Food
17
15%
23%
*
1
Food Fair Stores Inc common
1
$4.20 div cum pfd ser of '51_—15
3 % c'o
15%
23%
.7
■•
5674
10%
{■
•
;--Florida Power
", Foremost
15 %'
».
23%
5
Bearings
Prod
(The)
3
46V4 Mar 26
July 16
6% July
Co
3
16% Jan
15%
-
:
*63
Corp
& Rubber com
$4 preferred
Florence Stove
3
14%
50
:
preferred—
3
29
Apr
36% Feb
16% Aug 13
33% Jan 27
3
25% Jan
conv
May
110 % Apr
141/8
jo
,12% Jan
42% Feb
9% July 17
9
B_
1953
Mfg
-17% May
28
"
13
6
6% Feb
6
38
<
3
29
20
:
: ;z*
11% July 19
26
2
; ,
59% Mar 19
18% Apr
24
25% Feb
*13%
•-•"151/2'
Electric
7/Florida Power
3
24
14
41% Dec
•141/8
preferred—
Flintkote
2
,
11
9% Jan
14
First National Stores—
Firth (The) Carpet Co^_
91% Mar 25
2
11% Dec 31
8
cum
4% ft
25
62% Jan
12
3014 Oct
Apr
128 % Jan
3
51% May 28
43% Jan
; 93
4
82
Apr 30
55% May
,
35% Feb
9
18
14
*56%
10'%
Bower
Tarrant
Firestone Tire
lo
14
9% Jun
56% ."56%
•10%
Corp
4%
21
58
6% Dee
pfd
FibreboardtPaper
4
Feb
5
9
14
94
18
27
&
Ferro
39% Mar 19
19
Apr
conv
Mogul
Fenestra Inc
*
"
2
July
•
!
12 14 Jau
11% Mar
;
Felt
2
,51% Jan 23
44 % Jan
77
57%
10%
8
49% Feb
62
56%
lOVa
3
5OV4 Aug
-102% Mar
57%
10%
Feb
21% Mar 12
12
57
May
97
54% Aug 14
13
6,500
106
13
10
49'4
83% Mar 18
101% Jan
2
16
Feb
48 %
2
36% Feb
J Dec
497a
Jan
41% Feb
,
Jan
57
12
51
-,-48%
cumulative prererred__
Federated Dept
Stores.^
103% Mar 11
\
18
41
49:j/4
66
34% Feb
83% Dec
49'4
12
91% Feb
v
50 %
Fifth Avenue Coach Lines Inc_
Filtrol Corp
■;
7
*
49 %
Fidelity Phenix lire Ins
105% Mar 14
Nov 23
49%
2
3
Feb
4,700
49%
9
54 % Feb
26
Dec
34,800
157a
May
29% Jan
12% Feb 27
27
32
3
24'4
151/4
4.60%
22
8
61
33% Nov 29
12
10% Apr
7
98
5%%.
Federal
3
27% Apr
31% Jan
Feb
23%
15%
•>
Pacific
6
98
25%
15%
common
Paper Board
29
26% Jan
23%
15%
Metallurgical
Feclders-Quigan Corp
31
26
47% Jan
1
25%
15'%
series
Federal
31% May
12
253/a
15%
_
Federal
20% Jan
21
Mar 26
106% Jan 16
3
Dec
5
26
15%
Farwick Corp
11
Feb
271/2 Feb
91% Jun 27
21
92
8% Feb
Fansteel
Shares
25
Corp___IZIIZ,^_l
preierred
the vVeek
15%
Famiiy Finance Corp commou_.._l
23
26% Apr
25
1
May
61
19
Dec
May
2
Brewing
Friday
May 3
•
25
Fajardo Sugar Co_
35% Jan 24
11
30% Feb 23
101% Nov 14r
47
1
135
1
Feb
-
27% Jan
9
43
1
Nov
Mar
39J/2 Mar 23
44% Nov 29
53
Feb
19
10i/4 Jan
29% Nov 29
/ 26% May
32
Sales for
Thursday
May 2
15%
'
40% Apr 26
25 % Apr 30
18'/a Mar 12
7
31% May
Aug 14
26% Nov 29
14
Feb
PRICES
,
241/4
Fairbanks Morse & Co_i
No par
Pairchild Engine &
Airplane Corp.l
24
16% Apr
60% Apr
14
10
37% Mar 14
3
25
!
17
59% May 3
7% Jan 14
12
36
41% Aug 17
29% Feb
23
511/2 Feb
.
16% Jan
11
5% Apr
131/4 Feb
27
% Jan
13 % Feb
44% Feb
7
10
Oct
SALE
May 1
5
Corp
11
24% May
HIGH
Wednesday
Apr. 30
~_~"IZZZ~~1
_ZZZZZZZZZ3
Inc
Jan
5 '/o
53% Dec 17
2
5% Dec
10
1
Jan
7
31
•■l
Ex-Cello
AND
Tuesday
Apr. 2S)
U-
1
10% Dec
.'
Eversharp
16
38% May
59% Dec
Par
Evans Products Co
16% Mar 22
1
LOW
Monday/
EXCHANGE
•
-
19
20
(2112)
The
Commercial and Financial Chronicle
Monday, May 6, 1957
...
NEW YORK STOCK EXCHANGE STOCK RECORD
Range for Previous
Lowest
Range Since Jan. 1
iY
Highest
Lowest
27 % Jun
8
5% Jan
3
9% Nov 23
29 Vz Dec
12
39% Mar 23
76 % Dec
21
98
35% Jan
13
NEW
Highest
27Va May
23
34% Jan
14
11% Apr
32Vz Jan
23
29% Mar 21
74% Mar
147% July 26
32% Sep 26
83 Vz Dec 27
1
2
80% Jan
16
$5
2
Gulf
Oil
States
9
Mar 14
Jan
107Vz Feb
42% Mar 20
YORK
7
12
142
1
Grumman
i
Aircraft
Par
Corp
.1
27%
11 Va
30%
30%
i
No par
77%
131'%
77%
131 Va
preferred
Corp..,
,25
...
Utilities
Co—
/
24
40% Apr 26
93% Feb
5
Common
3
$4.20 dividend
17
108
Feb
6
91
preferred—
Jan
7
98
Apr
2
$4.40 dividend
Sep
100
34V4 Jan
85% Jan
Dec
90
19
105% Feb
preferred
23
94
Jan
24
96
Jan
29
103% Feb
28
-
*77'A
77%
137
xl30%
y
39%
*88Va
*89
40'/a
90
95
91
95%
40
90
100
*94
96%
dividend preferred™—.100
$4.44
—100
27
11%
31
140
*94
97%
*94
97
*94%
40
40
39%
40Va
•
*9.>
>'■
Sales for
the Week
May 3
27%
11%
31%
78,
*77
Shares
27%
28 »/a
11,300
11%
11%
31%
1.500
31
3,700
78
78
138%
140%
60,800
39 %
142
39%
*88%
40%
90
95
97
39%
/
Friday
39%
14,300
500
":r:
V
—No par
PRICES
Thursday
May i
27'/a
27%
11%
11%
30va
31
77%
77% 7
136% 139%
27%
11%
31
27%
SALE
Wednesday
May 1
Apr. 30
11%
31
11'/a
No par
27%
HIGH
AND
Tuesday
'
com
Sugar_
Gulf Mobile & Ohio RR
'
LOW
*
Monday
Apr. 21)
7
^_V-____„_1
Guantanamo
11
May
STOCK
EXCHANGE
v..
Gulf
83% Jan
"
STOCKS
Year 1956
40%
90
93
97
93
*94%
*88
90
*941/2
100
91%
91 %
100
97
II
39% Dec
17
45% July 25
39% Feb
13
41% Feb
21
Hackensack
58% Feb
10
92
Nov
13
74
17
89% Jan
17
Halliburton
4
24
% Dec
19
20% Mar 11
Sep
18
20% May
19
Jan
24
27
Jan
24
107
Apr
Nov 26
42% Mar 29
22% Apr 15
93 Vz Apr 23
31% May 2
48
Jan
23
69% Dec
62
130
Nov
30
31% Feb
9
87
33,
:
24
;
Sep 18
27
48 % Dec
28% Jan
20
37
Feb
33% Feb
35% Apr 16
39
Mar 29
24% May
27% Mar
20
May 22
5% Oct
31
8
32% Dec
13
39
18'/Wan
23
Mar 27
Aug
36% Apr
Hart Schaffner &
6% Jan
Apr 12
E>
(G
W)
32
34% Mar
9
24
17% Jan
11
47% Jan
115 Vz Jan
56
30
29
19
34% May
3
40% Jan ^ 4
41% May 23
46% Mar 14
27 % Feb
12
19
34% Feb
12
20% Mar 19
12% Mar
61 % Dec
13
21% Dec
Powder
1
15% Apr
17
77% Feb
3
64
2
78
Jan
17
99
3
80% Feb 25
85
Jan
22
Jan
Jan
12
24% Nov
7
19% Feb
12
9% Nov 27
22% Jan
7
12% Jan
25
9% Feb
25
10'A Jan
10
25% Sep
14% Apr
7
17% Feb
12
20 Va Jan
7
12
18% Dec
31
9'/4 Dec
26
Hertz Co
Hires
9% Apr
1
10% Feb 13
11% Jan
10
Holland
19% Apr
20
Hollander
19% Feb 25
22% Jan
16
29
Jan
7
31
40
Feb
20
33% Feb
74 % Jun
19
59
30
26
Dec
52 %
21% Jan
July 17
8 Ve Jan
23
29% Mar
11
Holly
Feb
5
5%
11
40 Vz Jan
10
Mar 25
71% Jan
4
39% Jan
10
Hooker
8
$4.25
32% Apr
103 Vz Mar 16
4% Nov 23
90
May
22
3
97
Feb
(A)
28
6'/4 Jan
4
Hotel
Corp
26
28 Vz Jan
10
5%
18% July 11
16 Vz Jan
Aug
6
36
Jan
22
28% Jan
3
25
Jan
3
26% Jan
11
96
6
77
Jan
2
85
3
21
Apr
16
38% Mar 13
29
Mar 13
26
102% Jan
10
84% Jan
8
88
Apr
26
26
105
28
88
7
100
Apr
1
4.40'/..
3
48% Mar 22
57
Mlay
2
Houston
64
Jan
57% Aug 17
18'/4 Jan
3
15
29
18'/4Jan
8
1% Feb
13
26
Jan
18
13
11
4% Apr
11% Apr
73% Apr
29
89 % Apr
3
15
Feb
27
14
91
3
27% Dec
18
10 % "Apr
11% Apr 23
99
July 26
July 17
,
21
4 Va Dec
Jan
12 % Feb
26% Mar 19
3% Apr 23
10
15% Dec
82
3
5% Feb
23
of
10
50
23
1
Jan
5'/>
61% Feb
11
Illinois
Power
5%
t
s
>
,
Jan
16
Feb
12
Apr 30
43
Feb
99
11
.
-
25
Mar 19
8
99% Apr
124% Jan
18
15
29%
1,600
,
351/4
34%'
34%
55 Va
54%
54%
'
35V2
10,100
55 Va
35
54%
11,700
1.000
'
•
—
—
'
32
Apr
2
32
Jan
28
5,200
29%
45
10
50
200
1,700
1
32%
33%
32%
33%
31
32%
30%
31%
30%
•31%
14,200
Ingersoll-Rand common—i—No par
6% preferred
.100
Inland Steel Co—______ 1
No par
80 %
80%
X79 %
80 %
70%
80
79%
80
78%
Industrial Rayon—
*150
...
Inc..
Iron
*150
*150
158
155
*147
•
*147
■
87%
87%
87%
87%
87%
89
87%
88
4,500
42
43
42%
43
42%
44%
44
44%
9,300
23%
23
23 %
*23
23 V4
800
43%
1,100
23
*23'
;
231/4
*23
:
"
43%
44 %
43%
43%
43
Vz
44
44
44
43%
*88%!
89%
*88 Vz
89'/4
80
"4
89'%
89%
90
*88 Vz
-1
29
29 %
565
568 Vz
^
29
28%
29
567
572
152
Sys class A—25
31
29 %
154
*31
303
303
300%
6,900
35%
20,600
*72
31'A
31%
31%
31%
300
28%
29V4
28%
29%
12,200
75
76
76
*72
74%
9%
90%
*96%
98
39%
L.25
44%
-
97%
*89
•
111%
112%
9%
9%
99%
101%
99V2
"
100
19%
3,000
96%
*95'/4
96%
95
96
118
120
*118
121
'
120
119%
119%
39%
39%
39%
45V=
45 Vz
45%
39%
39 Vz
45'%
•
*32
33%
33%
34 Va
60%
32
•32
60%
32%
27,600
103%
91%
45 %
34
8.600
19%
39%
33 Vz
12,900
10
19%
92
39%
60%
1001/4
100
112%
19%
*90
45%
60%
9%
96
98 Vz
33%
112
78
19%
91%
'
19%
*118
10
*74
19%
*90
91%
96 Vz
.
112%
111%
V 9%
98 Va
:
98
19%
120
*116%
No par
-
450
152
29%
112%
20
34%
31%
9%
98%
151%
35
28%
111%
19%
151%
34%
*31 Va
10
90%
151%
29%
113
96%
299%
152
8,100
31%
9%
common—7.50
common
601
299%
35%
34%
150%
152
111%
$4 preferred
i
No par
Int'l Rys of Cent Amer com_.No par
5% preferred
1
100
International Saltl
—No par
Shoe
-
29%
73%
*72
Int'l
Xl51 %
190
5,400
28%
599
597
35%
35
31
28%
com.—5
100
Paper
28%
89
605
598
288%
35%
35
100
preferred.
29 Va
28%
575
——
1
29
•
..No par
common
preferred
155
87%
44
100
—a.
Corp
Harvester
158
5,100
23 %
—1
When -issued
4%
158
Machines.._—No par
Business
7%
■
79
43Va
common——5
Corp
preferred
5,900
87
1
"
Interchemical
4 % %
.20
Power
2
48
29%
*43%
45
8%
Interstate
14% Feb
29%
29
*43
30%
19
7
?1%
8%
33%
46
.33%
*32
*90
220
400
39%
39%
2.300
X45%
46%
3,200
*32
33 Vz
33%
33%
33%
34'/4
34%
35
60 V8
60 Vz
60%
61
61%
61%
32
*32%
32%
*32»4
32%
32Vz
32%
•
45.800
3,100
'
Stores
1
:
3.50
;
Iowa-Illinois Gas & Elec Co
13%
14
13%
14
13%
13%
13%
13%
13%
13%
—5
Co.
Intertvpe Corp.—
29 Vz
29%
29
29%
291%
29%
29%
29Vz
29V4
29%
X31
400
-
3,000
4.400
31%
31%
31%
30%
31%
30%
31
3,700
28 % Mar 29
Iowa Power & Light Co
—10
27%
27%
27 Vz
27%
27
27%
27%
27%
27V4
27%
3.000
53% Jan
Island
_50c
49
123%
49%
49
49 V8
49
49
49 Va
50
49%
501/4
6,600
126
*122
126
130
Jan
2
22
$6
Creek
No par
Coal .common
preferred
—1
:
123%
121
31%
••
31
'
Vz
122
122
120
120
70
J
10% Mar 19
3% Feb
4
29% Oct
4% Jan
4
15
Jacobs
21 Va Apr
30
48% Apr
28% Jan
9
27
28% Feb
Jaeger Machine Co
11
36% Jan
0
Jefferson
94% Mar 14
82
55
47% Jan
Mar 14
.
102% Feb
58% Apr
67% Feb
1
85
42 Va Jun
8
62% Nov
94% Nov
30
105 Vz Feb
35 V. Feb
3
footnotes
1,100
18%
8%
13
For
32%
18%
8%
'1
2
32 Va
18 Vz
8%
32% Oct
43 Va Oct
32 Vz
18%
8%
22% Dec
27
32%
10,400
8%
*32
12
Dec
4%
8%
Dept
3
30 Vz Feb
83
4%
8%
Interstate
3
39 % Mar 16
15 V» Aug 27
15
4%
8%
A._,
2
20
44% Oct
3,800
4%
4%
100 pesos
S
*32
Feb
May
% May
32% Jan
Aug 31
8,000
84
*83%
30%
7% preferred
———25
International Telep & Teleg—No par
International
Utilities Corp——5
14
35
84 V4
84
*83 V4
18%
.
30%
International Silver
2
84
2,900
'
47
International
May
33.600
*30%
23
'122
28.000
4%
*451/2
20
2
1.000
-
10%
30%
40% Feb
12
13
.
V8
47
51% Apr
43 '/a Feb
10,500
Mexico
De
2
24'/a Jan
57
10%
.7.. 4
35%
2°%
2
10
13
:
57 Vz
2
56% Nov 19
130 1Feb
7
10
97 Vz
s
4
54%
35%
54%
44% Jan
61
19
18%
38% Jan
35
Nov
33
18%
112% Jan
2
4
33 %
18%
International
Feb
21
12
27% Jan
33
18%
11
98
13
*
33 %
18'/a
107% Jan
2
29% Feb
10
100
33
*32 %
5
Nickel of Canada
No par
International Packers Limited——15
49% Jan
18
4%
4%
20
30% Feb
33 Va Jan
*83
4%
11% Feb
29
30%-Feb 21
%
35%
3
6
23 Va Dec
84
57
12
May
2
115% Apr 23
5
1120'/a Dec 17
*83
54 Vz
9% Jan
19 Va Jan
10%
3%
"t
56 Va
•
II,300
88
*95
13%
10%
3%
35%
76
•
13%
10%
57%
10
23 Vz July 18
34% Jan
5
13%
54%
98 '/a Feb
14
16
.
57
3%
35 %
Insuranshares Ctfs
58
r.Nov 30
97%
56 Va-
-
*86
88
*§5
13%
57%
22
37% Apr
30
210
10%
4
54 Va
69 Vz Jan
13% Jan
78
10%
10
Apr
38 V4 Jan
18% Dec 27
78
13%
No par
23 %
7
9
3,100
80
'83
26
47
4
Feb
;
38%
25%
*45%
29'/4 Jan
13
3%
56
19%
38%
26%
*78
19%
38%
55%
common—No par
Co
3
Aug
3
44% Feb 20
70% Mar 13
10Va
4%
gq
97%
55'/4
20V4
-
y,
112% Aug
8
14 V4 Mar 13
144'/a May 7
13
10%
100
Co
Int'l Minerals & Chemical
13
13%
4Va
:
RR
Int'l Hydro-Electric
144
*86
*95
97%
50
32% Mar 29
15
t
88
*95
*13
lO'/a
Co..
29% Jan
Feb
,
55%
55%
13%
pfd series A
12
86
78
.
___!
25% Feb
90% Apr
17'/4 Jan
78
*86
88
',97%
55 Va
1
14
106'/4 Mar 13
79
__1
Jan
21 % Apr 19
104% Apr 19
79
26
30%
Int'l
13
.
*381/4
26%
;
-
n
*86
*95
„
19'/4
38%
26 Va
*45Vz
May 2
38% Jan 11
Sep
81
20%
20
*38 V4
26 Va
.100
com
Refrigerator
Electrica
Interlake
.
*79"
V
38%
26
30%
Int'l
94 % Mar 26
20%
*38%
26'/a
47
2
1
300
30%
3
29
90
6,800
5%
28
*45%
35% Jan
32'/4 Mar 12
33% Apr 11
20%
38%
_10O
Inspiration Cons Copper
156% Jan
20%
26 *
100
4
303
5%
*27%
30%
'
.
5%
27%
30%
2
l
5'/4
271/4
par
21
l
5%
27%
47
4.20%
Jan
2
20%
*38%
100
Indianapolis Power & Light—No
Jan
288% May
34% May
%
6,800
15,800
*45 Vz
16
52
145 '/4 Jan
91
5,000
48%
92
28
.3
No par
11
May
34
90
*27 V4
5%
27%
50
com..
_1i
Vz Jan
605
62%
33%
*47
2
12
62
93
48
17
Feb
5
63%
33%
*91
48%
Apr
27% Mar 25
5%
27%
93
300
36%
33 Va
34
35%
61%
62'A
33%
*91
93
36
*471/2
Jan
498
60
34%
!
20
29%
48%
87
Dec 31
5%
28
36
2,500
16%
*19%
*29
'
Power
55% Jan
•
5%
*27Vz
59%
92
36%
35%
16%
20
29%
*29
*47 %
7
4
59%
x34
;
95
25
35%
16%
16%
20
29%
48 %
44 Va
41% July 25
32% Dec 28
34%
16%
20
19 Vz
*29
*47%
34y4 Apr 20
1
60%
34%
*93
cumulative preferred—50
cumulative preferred....50
20% Jan
July
60%
.No par
*
19%
29%
35%
36
16%
17
19%
*29
44%
38 Yt Feb
.
20
29%
100
50 Vz
6
35% Dec 31
Vz Nov 29
*19%
*29
35%
8,900
*43
24 V8 Mar 13
Dec
38
156
-
16%
17%
*17
10
—30
12.50
10
9%
*49%
61% Jan
Feb
94
10
45
8
42
.
•
10
5,800
50%
14
79
Vz Dec 12
15% Feb
7
85
10%
3,800
10
19%
*43%
88% Jan
148
87
lOVa
21
*9%
*49'/4
39 % Jan
6
29
10%
10%
20
19'/4
..
50%
30% May
2
Feb 25
13
9Va Nov 26
98 Vz Nov
10%
10%
'
\
45
5
Feb
Jan
19
18%
*491/4
9% Apr
69% Mar 20
88
18%
18%
21
*43 Vz
4
100% Dec
21
10
19%
50%
Industria
23
21%
*9%
19 Va
,
45
23
Jan
21'A
lO'/a
19
*49 %
46% Apr
30% Apr
78
21%
*9%
18%
*43%
1
Nov
21%
10%
50 Vz
4.42%
69
21%
10%
44%
15
25% Jun 22
21%
10
44
Jan
-
21%
*9%
*49%
48
28% Sep 21
21%
cumulative preferred—50
cumulative preferred—.50
4
Feb
120
45
45
174
84%
*43%
45% Jan
6
*83%
45'
3
Dec
83%
*43%
10
May 28
V.... 83%
44%
54 % Apr
53
Feb
33 %
83
29
4.70%
143 %
82%
44%
4.26%
550
Vz
29
2
May 15
*69
50
11
,
70 Vz
cumulative preferred
Feb
400
*69 V2.
common—
52
Feb
70%
4.08%
47% Apr
103
*6' %
,
New
8
83 Vz Dec 13
27% May 28
3,600
4,400
70%
83
14%
70%
.
8
Apr
23
37%
14%
3G
3
Apr 29
20
34%
37
14%
A
Idaho Power Co
49 '/4
47 V4 Jan
33
37
14 V2
common..
conv
Hussmann
44
165
32%
36%
14%
32
'36%
36
4%
Hupp Corp
9
Dec
32
3fi%
preferred series A—
5
20
13.200
32 '/a
%
31%
32
4%
5%
Jan
76% Jun
8
52'/4 Dec 20
200
*83 '/a
2
73
I,600
84%
8
Apr
11
55
49%
15%
55
31
.,
11%
Central
13
300
541/4
■
77
Illinois
Dec
14,000
49V4
55%
49%
15%
9
Feb
31%
55%
*49 'A
49%
1,000
38%
10%;
63% Jan
59
56
%
16
76%'
1
151
*49
2,600
112
*110%
,
15%
51% Mar
8Va Feb
*55
50%
112
112
10%
4
Feb
111%
77
17
27% Jan 23
110%
15%
36% Apr
Nov 13
38 Vz
10%
17
11V4 May 9
50'/4 Mar 13
85% July 20
15%
38%
751/4
29 % Jan
30
*32%
16'A
38%
15%
3
19
33%
161/4
10%
4
7% Apr
33 Ve Dec
33
*32 V2
38%
■
75
15
26%Jun 20
33 Vz
16 % y
1b %
15%
55
12
500
10 V4
53
27
1,500
741/4
9
Dec
17%
24%
*87
15 Vz
11
Dec
17%
*24%
74%
Nov
44
17%
24%
10%
Jan
46% Mar
20
-..•,17
24%
51%
15 %
Vz Apr
2u->< Mav
88%
16%
50%
y
10%
22
Apr 29
43% Jan 21
*87
50%
88%
49%
74
34
19
76
37%
16
600
27%
'
88%
16%
37%
111
56
37'%
111
*55
*49%
151/4
24%
*87
88 Vz
*73%
-
15%
2
Jan
49 Vz
49%
49%
*27
76
11%
50% Dec
44
1,400
15%
27%
*73%
75%
Apr 25
29
44
151/4
15%
27
d
11%
23% Jan
18
i>->
73%
15Vz
5 Va Jan
Jan
75
ao 7 a
preferred00
14
51
2.600
14 Vz
'
noncumulative
25
60% Aug 15
41% Dec 21
27%
*73
34%
14%
preferred
I
27% Feb
57% Oct
*27%
75
3.41/4
Hudson Bay Min & Sm Ltd..No par
Hunt Foods & Indust Inc com____5
29
35% May
72% May
19% Nov 29
15
27
34%
14%
*69%
*82
Howard Stores Corp.—
Howe Sound
Co—
Feb
18
13
53%
*49%
31%
1
tHudson & Manhattan
15%
37%
112
56
50Vz
*111
common..5
preferred-J
41% July 3
24% Sep 21
13
15
27
20
34%
34%
*32%
50c
...
Lighting &
4% Feb
Jun
33%
33%
*6
14%
70%
82%
America
16% Jan
85% Apr
7'/e Jan
3°%
33 Vz
10
Co
preferred
4%. preferred
Dec
83% Dec
33%
*33
16
—5
3%%
Dec
30
800
*32 '/a
36%
Sons
&
convertible
$2.25
90
5% Nov
900
6%
5,100
6%
33%
6
33
33 Vz
Household Finance common—No par
411/4 Jan
15% Nov 29
1% Nov 20
33
*33
_.5
preferred
Houdaille-Industries Inc
83
20
30%
14%
70%
82%
conv
40
Dec
25
30%
36
Co
preferred—
5% Jan
25
12
600
36%
24%
.
*32 Va
5%
33
*24
15%
Corp
Electrochem
25% Feb
24% Sep
Feb
Va
600
9,000
1
Homestake Mining
Honolulu Oil Corp
2
75
Mar
30%
v_
45V4
__2.50
Sugar Corp common
convertible preferred
31
12% Feb 10
35 Vz Dec 26
Dec
25%
30%
230
138
%
36
36%
24%
;
36
*134
44
36%
16%
1
Furnace
15
89
*35
%
1
jv/k
24%
-5
Electronics
12
35 Va Jan
138
25%
16%
37%
Inc
Corp
(Charles E)____.
Co
Nov
5
:
36%
24
2 1/12
Hotels
Hilton
Hoffman
12% Dec
16
36
35%
*134
25
16%
Heyden Newport Chem Corp.-——1
3%% preferred series A_.__._100
$4% cum 2nd pfd (conv)—No par
321/4 Jan
Feb
1,200
36 Vz
24%
16%
No par
common
(The I
Hewitt-Retains
23
56
87
.—
29'/4 Oct
31V4 Dec
71%
3u%
*24
5% preferred
—100
Hershey Chocolate common__No par
4V4'/(•
preferred series A
50
6V4 Apr 11
18% Oct 22
17
3,600
711/4
45
25
preferred
Motors
Hercules
Apr
29
2
33
44%"
10
1
noncumulative
Hercules
50 '/4 Feb
13'/4 Nov
100
Co
common......
10
21
33% Nov
...25
common.
&
40% Mar 11
110% May
1
47 Vz Jan 23
53% Mar 20
7%
8
—100
;
preferred
(W
Helme
14
Oct
3.65%
Heller
16
Feb
Jan
Co
J)
22
Apr
54
(H
24% Jan
Jan 21/
Feb
Heinz
15
'
common
preferred..—...
18% Jan
15
80
*87
Co
3%%
20
35
23
87
7
101
Va
44%
5%
1,400
25
:
32
44%
5%
1,800
101
V
30va
*73
*49'%
16 Va Feb
Jan
23% Mar 29
21'/a Mar 15
3
75
49%
86% Jan
51% July 19
20
*73
49Vz
5
31
27% Jan
*26%-
33
15
26%
6
29
45% Dec
*32%
*14%
25
13.800
71%
;'fe'7i
138
21%
32%
31%
36%
36 %
*134
;
76
21%
100
800
40%
74%
24%
24%
luO
r
40
V
25%
*5%
*32 Va
Aug
34% May
15% Dec
45% Dec
5%
32 %
Jan
26% May 25
38% Jan
3
124
44%
5%
51 Vz May
90
Mar
34% Mar 27
2L
138
44 Va
32 Vz
2
13
36% Nov
Dec
37
*134
% %
9
20
72
25
*30%
Hecht
101
72
73%
30%
16% Jan
15
32 Va
36%
25%
76
11
98
31%
30%
28 % Apr
17
24%
97 Vz
36%
5
85% Nov
24%
25%
15
Jan
24%
98
32%
73%
36%
36%
*134
138
44'/a
45
36%
36%
33Vz
10
Marx
11
23% Feb 28
27
60
24'/a
*96%
32
72%
24%
98
Corp of America common
1
preferred
:
—50
Hat
4
22
—1
Chemical Co
Feb
89% Feb
3
110
7
34% Jan 21
76%
21%
——5
Harshaw
14% Feb
19
Dec
17
Harris-Seybold Co.._i_
32% Mar 25
73% Apr
'46'/4 Apr
Dec
Oct
39% Mar 11
4
27% Feb
1
75%
*36%
100
..2.50
3
771,4
22
33
x73%
7.50
preferred.
25
76
47
34
6'/c
Harsco Corporation
76%
21%
97
___100
—2.50
New common
15
11
76%.
21%
Hayes
Mar 12
37
17% Nov
Dec
30
40
76
21
40%
24%
Harbison-Walk Refrac common—15
preferred
Paper Co
•.
Industries Inc—
Ex partial
liquidating dist_——5
Hayes Industries Inc.—1
13% May 28
26 Va Dec 20
23% Oct 25
24
convertible
4'/c
40
76%
21
*39%
common.—1
Co
Hammermill
Apr
46% Jan
5% Mar 13
32
9
Watch
11
39%
75%
21
25
15
135
12
24 % Nov
25
Hamilton
11
Water...—
Well Cementing___5
Printing Co
5
Fi
75% Apr
11
38% July 31
(W
451/4 Jan
12
29% May 28
Hall
2
111% Jan
35% May 2
128% Jan 15
Fcbli
146
Feb
Jan
Oil
5
Mar 21
72
see
6
Dec
page
15
May
85 % May
3
43 % Feb 11
69
Feb
12
45 Va Mar 12
27
93% Mar
26
61
26.
3
28
Feb
8
11
91
(F
Li
Jan
24
Jersey Cent
55% Apr
89% Feb
25
Jewel
28
49 % Jan
31
82% Apr
61% Jan
99
Co
Lake
Tea
1
Pwr &
Co
Inc
Lt
4%
pfd
common
3%%
preferred
Johns-Manville Corp
-
3
Johnson
&
-
2
Jones
Laughlin Steel
Jan
2
76% Jan
17
5%
Joy
&
—100
Johnson
Co
32%
84
*83
85
55%
55
55
87%
*85
-
41/2
21%
23%
23
32
32 %
32V4
*83
85
87%
5
47 Va
47 Vz
46%
47%
47
12 Vz
79 %
79%
79 Vz
79%
,
*83
4%
4%
231/4
22%
23
32%
32 %
32%
85
82
82
4%
5.700
3.600
3,800
130
2,000
80
Va
55 %
54
54%
53%
54%
86 %
54%
*85
*85
4%
4%
4%
*83
86%
85%
85 %
10
9,500
47V2
80
46%
47%
46 Vz
47 Va
*79»/4
80'A
79
79
900
:
25,200
50%
50%
50 Va
50%
50%
511/4
50%
.100
com
preferred series A
Manufacturing
22
32%
54%
1
4%
21%
32 %
84
100
4%
22 Va
32 %
1
Co
4%
22
-
.5
Sulphur
95%
S5%
96
96
95%
95%
96
96%
96 %
96%
1,930
1
66%
68%
69
68
68 Vz
68
69
681/4
68%
8,300
10
,
68%
50%
50
51%
Number 5635
Volume 185
...
The Commercial and Financial Chronicle
(2113)
NEW YORK STOCK EXCHANGE STOCK RECORD
Range for Previous
STOCKS
Year 11)36
Lowest
Range Since Jan. 1
Lowest
Highest
LOW
NEW YORK STOCK
Highest
EXCHANGE
Monday
Apr. 29
Par
Wednesday
May 1
Apr. 30
Sates for
SALE PRICES
HIGH
AND
Tuesday
Friday
the Week
May 3
Thursday
May 2
<
Shares
K
34 % Feb
104
Nov
27
127
44
Dec
18
52
37%
Dec
7
Dec
78
3
37% Feb
12
45% Jan
3
100 % Apr
4
108% Jan
20
45% Jan
3
70% Aug
13
Aug
Feb
38
44% Aug 14
21
1
Mar
96
Feb
49
13
79% Jan
83
Kaiser Alum & Chem
2
4%%
14
Feb
39% Jan
9
2
4%%
24
cum
conv
Corp
33%
preferred
41%
Dec
5
103
Mar 13
93
28
108
Apr
96 y2 Apr
92
89
Nov
87
Dec
28
71 % Feb
14
24
102
Feb
14
4%
102
30
Feb
18
4.50%
105
106
106
"104%
*48
49
*48
49
48%
48%
38%
38%
38%
38%
4.20%
*80%
Jan
10
96
90
Jan
4
96
92% May
46 Va Jan
Feb
21
Feb
11
Apr
77% Jan
3
66
36 %
9
20
Apr
26
38 % Jan
31
cumulative
*93
95%
100
*95
97
*92
97%
preferred
_.
*
4.35%
4
cumulative
Kansas
4%
preferred
100
Southern com__No par
City
non-cum
preferred
Feb
15
28% Aug 14
26% Jan
2
32% May
3
Kansas
10
24 % July
23
Jan
2
26
Mar
4
12
15
Apr
Kansas Power & Light Co_
Kayser (Julius) & Co
45
Jan*
12% Dec
30
Feb
19
12
37% Feb
12
147% Mar 14
21
23
43% Oct
101 y4 Feb
5
17
2
Kelsey
128% Jan
Copper
Kern County Land Co___
11
45 % Jan
11
73% May
31% May
Kerr-McGee Oil Indus
7
Keystone Steel
47
Apr
12
39% Mar 20
43 % Jan
27
41
45% Apr
4%%
32% Dec
4
52 % Jan
31
74 Va Aug
Dec
18
98
29
40% Mar 19
Feb
Jan
Mar
49
20
May
85% Jan
1
17
5
65 % Jan
2
94 Va Apr
10
31% Dec
26
50% Feb
22
Jan
10
29% Apr
4
54 y2 Oct
31% Mar
3
43% Jan
13
19
29
21% Mar
20
-
27% Apr
1
34'A Jan
4
Kress
26
Apr
2
Kroehler
17
57% Apr
26
10
•-14% Jan
21
4
Aug
7
23% Feb
11
13
4
% Jan
6
3% Jan
8
16% Mar 13
19
Nov
7
17% Jan
3
16% Sep
27 y2
26
Jun
8
34 % Apr
89
May
8
97
13% Jan
18% Jan
22% Mar 12
Dec
30
.18%
'87
26
58
15% Nov
26
21% Jan
2% Jan
24
Oct
■J'
25% Nov
4
17% Feb
5% Feb
Lee
4
9
Jan
45% Jan
5
'■
•
2% Jan
4
I
24
$3
10
50c
15
25% Apr
19
16% Dec
28
21% Mar 26
16% Feb
74 % Feb
9
98
9
68% Feb
1
82% Jan
3
12% Dec
4
18 V4 Mar 29
11% Feb
13
13% Jan
14
63
61% Oct
1
72% Feb
20
163% Feb
12
68 % Jan
141% Jan
2
49
Jan
47% Jan
64
23
Aug
76% Nov
23
15
150% Mar
18
61% Apr
18
24
Sep
25
f6% Nov
29
43% Jun
8
12
33% Dec
12
Jan
10
28
Jan
58% Dec
6
__
4
•
2
27
.1
32% Apr
1
Stores
Corp
Liquid
»
9
22
25
i
4
i
;
Jan
11
57% Jan
2
3%%
List
35% Jan
2
11
Lone
2
19
98% Dec
6
23% July
Jan
106
88% Dec
27
102% Jan
86
Dec
11
104
97
Nov
19
103% Dec
6
22 % Feb
<
23% Jan
15% Jan
119% Jan
24
11
30% Nov 20J
21
Jun
26
27% Feb
Dec
28
61
Feb
•76
9-
18% Mar 15
8-
45% Feb
12
.Ape
11
i
29% Feb
93% Jan
22
4
15
8
Jan
49% Jan
3
35
Apr 24
May 24
119
Apr
27% Feb
16
125
12
32
9,600
140
91
series
19
19%
18%
19
18%
19%
4,300
26%
26%
27
26%
26%
6,000
32
31%
32
:
31%
31%
31%
31%
31%
31%
4,400
25%
25%
25%
25 Va
25 Va
24%
25%
25 %
25%
2,500
54%
54
55 Va
53%
54
53 Va
54 V*
4,700
5,200
56%
15
14%
*25%
26 Va
*3%
4 Va
4%
18
35%
*85
19%
88
19%
19 Va
34%
34%
35
*85
*85
88
34%
15%
16
36%
36%',
15
37
37%
38
39
15%
15%
15 Vo
15
15
1%
1%
1%
1%
No par
18%
18%
18%
18%
18%
5%
6%
*5%
6'A
*5%
6%
4,200
15'/a
2,000
1%
1%
8,600
18%
18%
18%
18%
18%
6%
6V8
6%
1,300
27%
28 Va
27%
28'/a
12,000
24
24%
23%
24%
2,600
27%
27 %
2 7'/a
27%
27 %
24%
24 Va
24
6
24%
\
1,900
18
19
18%
19
18%
18%
18%
18%
18 Va
18%
76
75%
75%
75%
76
75
75%
75%
76%
4,800
12%
12'A
12%
12%
12%
12
12%
12
12'/a
13,800
66%
66%
66%
66%
66%
66%
4,800
146 Va
148%
146 Va
146 Va
146%
146 %
220
60%
61%
61 Va
5,376
67%
68%
66 %
66 Va
148
66%
143
59%
147
60
66 Va
*
147
A 59%
•
60%
59
-
„
60%
,
>
1
*67 Va
*16%
Als
47 %
preferred..—100
4
16%
16%
16 Va
16 %
47%
47%
.47%,
48 Va
*78
X67%
83
7%
<__1
45%
;
67%
16%
48
68%
;i_i
*78
67%
83
18%
7%
19
33%
33%
HQ
34
8%
45%
18%
33%
*78
34'A
:
!
8%
:v
8%
45 Va
18%
;
34
;
>
19%;
100
111%
100
100
*88
4.40.%
series G.
100
_lo
22%
A
89
17%
100
:
89
*102%
17%
17%
122../.
•
*122
r
VU
*
89%
104
104
22%
*87
A."
90%
122
4
*98
100
*87
100
113
112
22%
22%
100
/
r
34%
j
112%
33%
/
28
28
76%
77%
76%
89
89 Va
*102%
104
17%
-
17%
122%
-
*27%
23
"
Sons IncA——1
19
19'/a
19 Va
19'A
A.
90%
—3.33%
93%
93%
97 Va
V
19
r
i
,
V'
V: "«7%
*88*
*102%
104
17%
17%
123
28 %
r
95%-
:
.
pv
:
32%
12,900
23,300
"
1,570
22%
10,900
'
89
' :•
"
100
•
*86%
*88
r'"
103% >
89
17J/a
19
19%:
96%;,
.
.
1r.
'
28%
78 V*
78
a
'
10
.
.
v*
130
500
17%
123 •;
'"28%"
78 Va
89
103%
123-
■
,
28%
"
90
103
17'A
28
92%
33%
35%
*98
:..
77%
.
13,100
35,700
115
"
22%
'22% V,
ioo
123
123
_
19%
97%
22%
18,800
8%
46%
114 Va
\
'
419%
.
34%
!34%
115%
*98"
89 Va
77'A
77
77%
22%
100
*98
«g7
89%
123
28
;L
22%
113%
8'A
19%
.
33%:
34 '/a
113%
34%
83
45%
56
'
34'A
112 '■
700
9,900
*78
8%'
' "
45%
18%
4
;•
16%
50%
16
;
83
1,800
Va
49 Va
16%
49%
*7b
83
33%
34 ;
;
6,200
68
67
16'A
f
8%
61
48%
.;
45%
18%
;,v
19%
34
'V
67
V
45 Va
7%
46
L_4
pfd—
Va
1%
24%
2.50
common.^.
38 Va
15
12%
100
1
38
15
9,600
75%
___I_10
1
39%
16%
16
1%
24%
25
common
16%
1,000
88
1%
Va
27 %
_j_5
com
Co
16'A
:
1,400
34%
34%
*85
15
16'A
1,600
19%
*19
35
38%
15%
19 Va
19
88
*85
88
19
300
4%
*3%
19
19
19'A
34%
)
1%
Corp
&
18%
!_1
preferred
(M)
25%
16 Va
series E. preferred—
Steel
15%
*25
4'/a
15%
—__No par
common
preferred
Co
15
25 %
c
15
Cement—
conv
*18%
V;
15Va
*3%
26
*3%
18%
14%
18%
*25%
•
25%
4%
15%
15
15
10
series D preferred—
(P)
18%
19%
35
preferred
B
X54%
26
19%
______^_No par
Lowenstein
51%
26%
c'ommon_3
Co
Corp
conv
Lukens
600
50%
*90
91
19%
14%
preferred
___—100
•Louisville Gas &;E1 Co :(Ky )_No par
Louisville & Nashville.,
1
50
24
31
31%
27
26
7%
7
110% Apr
Dec
31 %
'
43%
19
_ioo
Aircraft
Lorillard
11,400
42%
'
51%
50
*90
800
41
*40 Va
4
26%
4.25.%
;
91
41%
,,
10,900
19
55%
25
Star Cement Corp_
Star Gas Co__L__i
5%
50%
90%
90%
31%
49
117
3,200
Va
27%
4.35%
4
127% Mar
:
1
90%
31%
>
*
115%
116
400
13%
41
31%
.Lprtg Island Lighting Co comj_—+ll0
4
17% Jan
2
25 y4 Jan
;
2
5
59
t
•106
23
May
25
Mar
21
21'/a Feb
109
Jan
92
101'A Feb
143% Jan
27
89
3
Mar 27
12
83% Jan
1
Apr
28
27
28
89-
Dec
26% Dec
Feb
87
13
15% Dec
116
7
103
26
23
99
Mar 14 ;
28-
'
Jan
9»
51
_5
'
21% Oct
31%
50%
IIIII—15
Sons
Inc-
4.84-%
31%
17%
(The)
Corp
Industries
Lone
35% Jan.
115% May
*31%
31%
91%
*3%
convertible
Loew's
42%
51%
*25
—4
Co
Lockheed
Jan ill
42%
32
pfd_75 Pesos Mex
Carbonic
•.
43 Va
13%
41 Va
t
18%
—_IIII~L"i
7%
preferred
Lily Tulip Cup Corp___
.Apr. 22
41
30%
91
Corpr—_____No par
Lionel
80
40%
.«•■
51%
2nd
noncum
Belt
10,300
41
,'■<
31%
_i
1st
noncum
.Link
28,800
30%
31%,
43%
Navigation Co
9
t
,
1C9% Mar 28
31% Mar
&
3
.
72%
30%
42%
No par
;
Tire__
16
50% May
21,300
71 Va
31%
42%
5
&
16% Apr
28
7% Jan
35
July 26 <
37% Dec 19;
1
Feb
44JA Apr
18% Feb
12;
25 % May 14 *.
•18% Nov 29
12
75
12'
Feb
7
42%
73%
30%
42%
1
Liggett & Myers Tobacco
25
42%
72 Va
42%
Libbey-Owens-Ford Glass Co—___lo
Libby McNeill & Libby__.
i____7
31
40%
71%
*40%
common
72% Jan
.
11
38
Aug 29
100% Jan
8
14% Feb
49% Mar 29
84
Jan
62% Mar
7:
14% May 28
•
50
9
35% Jan
Apr
Feb
2
137% Dec
12
40%
68%
40%
preferred
«fc
40
40%
Lerner
Jan
115%
41
29
-19
115%
*40%
Products—..,
30
115
1
Fink
9
41%
30
Lehn
29% Jan
13 Va
41%
693/4
15
12
25%
13%
40'/a
Corp
Feb
8,900
25
13%
41%
116%
10
25V*
25%
13%
41%
40%
100
25
2,200
32%
14
41%
67%
Lehman
26
25%
31%
42%
25%
*13%
40 %
pfd
—No par
(The)—_L
—1
14
Apr
Co
Lehigh Valley RR
Lehigh Valley Coal
7% Jan
20% Oct
.
&
(James)
20% Jan
25%
37%
*36
37
2,400
69%
68%
32
29%
Co
Lehigh Portland
10
32
39%
'
Lehigh Coal
17% Jan ' 4
<
&
Co
Rubber
31%
67%
preferred series A
3.85%
30%
„
99
*96
69%.;
*68%
*36
30%
29%
'
50
99
68%
37
*36
66 %
1
(The)_
Bryant
Lees
94
17% Mar 14
11
1
Lane
*96
92%
69%
29%
I.
La Consolidada 6%
2
29 % Nov
1
16% Jan
28
Feb
8
May
H)
4.32%
r
99
68%
10
80
92 Va
27
Mfg
Laclede Gas
19% Mar 13
1
1
19
2
24
36% Apr
»
26
1% May
19% Dec
2
5
July 10
Apr
14% Apr
31
15 > Apr
>
(S
*96
99
60
97%
37%
1
_____
*91
94%
*92
115%
S)
Kroger Co
Mar 22
4% Jan
2
36
3
6
1% July
9
15% Jan
27
24
Apr
14% Jan
27
35% Apr
<■
32% Mar 12
30
Mar 22
17 Va Jun
10
(S
21
3% Nov
13
Kresge
Jan
25% Apr
14% Apr
7
11
94
" 5
~_~~i
__
common
preferred
E J Korvette Inc
24% Feb
47
Inc
4%
94
25
(Ill)
80
80
93
30%
14
1,500
97%
69%
25%
38%
96%
96%
96%
*95
95%
*96
500
38%
93
96%
1,700
49%
*48
82%
*91
42%,
116%
2.50
Co.
_
*88
93
116%
No par
common—
Wire
Koppers Co
1
25% Feb
Mar"29
29%
&
4
35 % Jan
41%
prior preferred
Kimberly-Clark Corp
King-Seeley Corp
2
17% Feb
21
10
conv
*13%
82%
*91
*361/4
30%
25%
5
Kennecott
Feb
58% Apr
8 75
;__~i
_
;
96%
*80%
93
*94
37
30%
82%
93
69%
38%
38%
*80%
99
69%
*36
No par
;
27 V4 Feb
39
Co
:
57% Feb
21
Dec
Co.:
6
10
25
Hayes
31
40
82
Electric
Dec
61
7
39% Feb
Nov
&
30 Va July 16
25
Mar
Dec
Gas
53% Apr
1
42% Apr
24
Mar 27
48
27
May 28
Jan
113
23
*96
„__50
21% Jan
38%
82%
100
preferred
91
38%
107
106
107
22.800
44
43%
44'/a
43
42%
104
49
I_100
preferred
May 22
103
9
Nov
37
Mar 15
1
Mar
105
30
13
41%
42%
104
*48
_
57 Va Nov
41%
103
50
Kansas City Pr & Lt Co com_No
par
3.80% preferred
100
Mar 12
42 y4
:•
100
preferred
4,400
•
120
1,700
3,500
19'A
19%
6,600
92
94%
72,000
m
37% Nov 23
120
Nov
15
144
20
30% Nov
28'A Apr
11
80 % Dec
27
33'A Oct
92% Jan
-27y4 Dec
14
16
28% Feb
12
13
81'A Apr
9
8% Nov 21
10% Apr
6
6% Sep
10% Feb
28
Dec
86
20
18
26
Mar 20
139
31% Nov 26
473% Dec
Mar 13
41
Jan
610
6
8% Nov 28
4% Jun 26
.
7% Mair 28
7% Mar
72% Feb
6
20
Mar 18
35
476
Jan
8
Jan
4
30% Feb
5
Macy
(R H)
Co
86% Jan
30
9% Apr
12% May
89
30
82 V*
Magic Chef
Magma Copper
26
2
11%
Jan
2
24
Magnavox
19
Mahoning Coal RR Co—
10
Feb
Maracaibo
Oil
16
2
Marathon
Marchant
Calculators Inc
4
25% Apr
Sugar Co_
27% Apr
51% Sep
18
38
Jan
2
18% Feb
11
Jan
3
20% Apr
54% Feb
10
14
26
31% Feb
11
35% Mar
8
Marquette
Feb
14
36
2
Marshall
40% July 11
7
37% Nov
82% Dec
11
98
Jan
24
31
24
45% Dec
3
32
Apr
Nov
Dec
50% Mar 23
74
14
35% Jan
Feb
6
34% Apr
56% Jan
25
25
May 15
41% Dec 13
46
13% Dec
75% Jan
8
83
Jan
76
8
83
2
3
9
12
70
Jan
3
12
Feb
32% Feb
25
Feb
54
Feb
7
Jan
9
13% Jan
10
17% Apr
22
55
3
26% Feb
19
30
Jan
6
40
21
42% Apr
$3
Co
,___i
37%
38
*490
9 Va
9%
12
76%
77
37 Va
37%
*491
520
9%
9
79
38%
520
9
5
-
27'/a
26%
27 '/a
26%
27
27
27%
30 %
30%
30%
19%
20
19%
54%
54 %
30
30
20
30 V*
20'/a
20
20
*54
33 Va
33'/a
33%
34
35%
35%
36
35%
36
87
*85 Va
87
87
85 Va
85 Va
*85 Ve
38%
37%
38 Va
37%
38%
38'A
38%
29%
29%
30
29%
29%
24%
24
24
-
23%
23%
23 V*
23 V*
23'A
23'A
700
37%
37 Va
37%
37 Va
37 Va
37 Va
37 Va
37 Va
37 Va
7,800
81%
81 Va
8-1%
130
30'/a
81
81
81%
81%
29%
,
*81
81%
*71
30
82
*81
82
81 Va
81%
*81%
83
*81 Va
83
73
*71
73
*71
72 Va
71
71
29%
29%
29%
29%
54
54
30
30%
*54
54%
*54
54%
*16%
17
*16%
17
*16 Va
17
29%
30
.
29%
29%
54
54
28
28
28
28
*27%
28
42%
41%
42%
*41 Va
42
13 Va
13 Va
13
13%
13%
13%
13%
13%
13%
98 V*
95%
2
58
17% Mar 27
12
17
31% Oct
1
30
33
49
Jan
Apr
19% Jan
22
McKesson
29
McLellan
&
Robbins
18
Inc
Stores Co
—
—
1
16
85 % Feb
5
25
32% Mar 15
28'A Feb
26
92% Apr
30% Apr
Lo
Mead Corp common
5
4%% preferred (1st series)—_100
24
Melville
Nov
9
98
80% Apr
30
88 % Jan
29
4%
33% Feb
2
45% Jun
41% Apr
19
102% Jan
27% Nov 29
21% Nov 26
Apr 11
27'A
Feb
26
6
24% Feb
8
35
July 11
Dec
10
93
Feb
101% Dec
14
116
3
9
July 19
Jan
Apr
21
1
34 % Mar 21
21 % Mar
29'A Feb
83
4
12
Mar 21
105% Jan
3
20
Mar
37% May
7
2
23 Va
23%
*23%
23%
23%
23 Va
36%
36
36%
Merck
23
Feb
26
$4
Co
&
$3.50
23
Stores
Inc
Co
Inc
Mergenthaler
18
Metropolitan Edison 3.90%
99% Feb
21
31
85
May
25
97
Apr
47% Jan
20
footnotes
see
5
page 26.
84
Jan
41% Feb
Machine
4.35%
9
Co
3.85%
preferred series
17
3.80%
Feb
19
4.45%
preferred series
preferred series
50% Jan
10
87
Apr
24
-
Miami Copper
114
36
*83
113%
*82
86
61
62%
60
21 V».
20%
21
59 Va
58%
100
V*
100
100
100
_5
*86%
*85
*100
43%
82:
86
113%
*16%
Va
83
80
100
2,800
54%
300
16%
16%
300
27
28
*54
16%
28
28
*41
*81%
*41 Va
42
42
700
50
13 Va
13 Va
13Va
2,300
74%
*73 Va
74%
30
43%
16,800
40 Va
13
*73 V*
44 V*
44%
44%
41
41
42
*13 Va
13%
13%
13%
95%
98 V4
56 Va
57%
17%
,
56%
18
18
*17 Va
17%
36%
101
57%
18
2,650
800
3,600
2,800
;
2,800
17
17%
300
36%
37%
*93
98%
37%
6,800
*93
94
94
200
12,600
28%
28%
28%
81 Va
82
<
81
81
37
37%
37
37%
150
23%
23%
23%
23%
1,000
36
36%
36
36 V*
16,200
28 %
*82
86
*82
113
113
*112
61
61 %
21 Va
85
113%
240
100
300
61
2,100
21
25,500
58%
59%
20%
21 Va
20%
59
59
88
*112
59%
59 V*
59'A
59%
1,600
88
88
*88
89%
30
58
62
20%
*96
.
*81
113%
59
pfd—100
preferred series
86% Apr
103
85
85
5
Merritt-Chapman
8
36%
36
*113%
No par
12.50
Linotype Co
<fc Scott
Feb
93% Jan
No par
No par
preferred
2nd
Jan
108% Apr
61% Sep
16%c
common
preferred
conv
82
5
28%
3%
Mercantile
28
4
28%
38%
Dec
27
92
*37 Va
Mesta
Dec
93 %
92
:
11
Sep
36%
39
24
Jun
35%
*37%
62% Jan
92
17%
17 Va
36
38 Va
69% Apr
21% Jan
82
56 V2
17%
17%
38 Va
Feb
102
*92
55%
17%
17%
82
37% Apr
104% Jan
93%
*92
35%
56%
29 V*
Va Apr
Apr
36
17%
30%
19
95
35%
56
*17
23%
54
23
17%
17%
29 Va
52
Jan
57%
96%
80 Va
61% July 31
3
23% Jan
107
17%
97%
74%
29%
113% Apr
94
56%
*17
*73%
80%
64% May 10
6
101
99
13
1
27
Jan
13%
100
—1
Jan
102
13
13 Va
common
Shoe Corp
17% Nov 20
Apr
*41%
preferred series B
Mengel Co (The)
.——
39% Apr 25
23% May
3
89
Norris Mfg Co
McQuay
10
3,500
24%
30
40
10
3,300
23,600
36%
43%
29
4,900
29%
74
23% Feb
3,300
33%
43%
54% Dec
1,700
35%
39%
Mines
13,200
54
33%
74
Porcupine
500
20
54
35%
40 V*
Mclntyre
30
19%
34
43%
29
30
19%
54 Va
35%
39%
Apr
30'/a
33%
43
101
28
35 V*
74
6
400
27%
:
33%
4C%
75% Mar
300
18,500
12%
54%
44%
5-
5%
16%'
35
54%
3,800
4,300
11%
33
40
95% Mar
9%
54'/a
72%
A——1
5
38%
520
*54 Va
42%
class
*5
*16
27
73%
Inc
5%
16 Va
12%
No par
McGregor-Doniger
*5
*16
11%
1
19
9
8%
12 Va
3
Sep
8%
11%
McGraw-Hill Publishing
11
*492
11%
McGraw-Edison Co new.
14% Jan
8,500
38 Ve
38%
11%
3
1
80%
79 Va
79%
520
*492
11%
17
Mar
21,100
16%
29
May
12%
16%
44% Apr
13% Mar 11
12
*4%
72%
$2.50
38%
700
12 Va
5
38%
—No par
73%
82%
9%
16
No par
—
Corp
%
*9
;
5
*29%
190
9%
16
*85 Va
No par
—1
_5
8%
12%
75 % Apr
2
21% Jun
For
76%
77
8%
11%
9%
12
16
17
9
11%
42
Jan
32
1
97% Oct
3,200
11
70
28-
31
80
', 30%
82'A
11
24
2
23
48
30%
82
*9
Feb
83% Jan
40% Dec
1
12% Jan
15% Feb
44% Jan
30%
82
34% Feb
16
17'A Dec
77
30
82
43% Aug 20
Jan
15
21
43'A Jan
81
30
81%
35%
123
Corp common
•
—3
preferred
50
McCrory Stores Corp common—50c
3%%
convertible preferred
100
Jan
18
82% Dec
30
82 V*
39
McCord
30
30
87
—No par
;.
common
preferred
McCall
29%
38-/8
pfd 1947 series—No par
cumulative pfd
No par
Maytag
4
Jan
Co__
preferred
$3.40
9,100
*85%
$3.75 cum
20
28
Dec
76
77
.29%
100
Corp
Electric
$3.75
29%
—1
preferred
May Dept Stores common
Mar 22
Jan
50
Cement Mfg Co_
__4
& Co com—No par
Co
Master
31
7
4.
5
common—,.5
Field
Masonite
4
32% Jan
69 y2 Nov 28
38% Dec 26
Oct
Jan
Mar
Corp
convertible preferred
4%%,
8
28
6:25
29%
35%
*120
11'/a
1
400
123%
29 Va
*8%
9%
12
5
*16
35%
*120%
29%
35%
123
16%
5
,_5
Midland
Martin
24
20
32
28
25% Apr
39% Jan
87% Mar
July 17
4%
22
1
97
12% Dec
Jan
13
96% Jan
12% Dec
91
47% Jan
23
21
21
54
85% Mar 28
37% Apr
35% Feb
21
28% Feb
7
20 Ve Jan
Dec
Dec
May
7
Nov
26
17
73% Dec
70
31
48% Mar 19
20
19% May 25
37
52%
Marine
9%
No par
Exploration
.
520
*490
—1
.
Bros
Nov~13
37%
—1
50
Corp
2
Manati
75%
10
1
(The)
Co
9%
1
•
35%
123%
29%
82%
■
30
82%
3
9% Jan
29% Apr 18
32% Feb 21
5
com__No par
Inc
ooc
35%
29%
*35
*120
30
preferred series A__
100
Madison Square Garden.——No par
12% May
33% Jan
18
56% Jun
|
29%
*122 Va
29 Va
35%
123
*120
4%%
39% Jan
500
*35 Va
10
100
Mandel
10% Apr
1
i
Manhattan-Shirt
30
20%
Inc
preferred
14
5
16% Feb
Trucks
10
3
Nov
48% May
6%
Mack
11
Jan
19
29% Nov 28
4
10
Jan
Jan
7
24
5% Dec
16
Mar
MacAndrews & Forbes common
5% Apr
17% Jan
3
4% Mar 11
15% Mar 13
31
Sep
8% Oct
.
39% Mar 22
Va
20%
58%
88%
*88
89%
*88
89 Va
*95
97
*95
97
*96
97
*96
96 Va
97
*86%
88
*86%
88
*86%
88
88
87
101%
43%
*86%
*85
<100
43%
■
88
87
-
101 Va
45
*85
*100
45
87
*85
101 Va
*100
45%
45
85
87
100%
45
.
*100
44%
85
10
101 Va
44%
3,700
21
The
22
Commercial and Financial Chronicle... Monday, May 6, 1957
(2114)
EXCHANGE STOCK RECORD
NEW YORK STOCK
Highest
Lowest
NEW
Range Since Jan.1
Lowest
Highest
Year 1956
36% May
3
13
30
Apr 26
40% Jan
3
Mar 12
38
Feb
12
18
3
127
Jan
2
47% Apr
137
Feb
30% Feb
12
6
30% Jan
Middle
South
ivxiuxand
42"% Dec
12
40
Dec
40
May 28
Dec
7
142
29% Feb 20
40
26% Dec
36% Jan
J26
47
5
Jan
Aug 10
9
46%
46%
46%
46
46%
*133
34
33%
135
135
135
-133
135
34
46
46
135%
136
15,300
*36
39%
600
45%
1,600
45%
90
135
135
33%
33%
33%
33%
34%
34%
30%
30%
29%
30%
21%
21 %
4,000
24,400
34%
30%
30%
21%
29%
29%
21 %
21%
21%
21%
21%
21%
1,700
18
18
18
17%
17%
17%
18
17%
18
17%
2,100
94% Apr
24
Minneapolis-Honeywell Reg_
92 "a
92 %
92%
92 %
94
91%
94
77% May
3
72
72%
71%
72%
5,300
11,000
95
95
16
16%
Dec
21
13% Oct
4
Feb
15
Mar 29
2
94
3
14% Feb
12
98% Feb 26
18% Mar
87
May
88
Jan
11
79
Feb
12
33
Jan
3
22
Jan
29
25% Mar
30
Feb
11
35% Apr
$4 preferred ,
Minneapolis Moline Co
1
3
$5.50
Feb
13
12% Jan
2nd
Minnesota
No par
preferred.
14
93
71 %
73%
75%
73 %
*95
96
*95
96
16
16 %
16
86%
86
87
23%
*22%
23%
*23
33%
32
32%
26%
26%
27%
8%
8%
8%
52%
51%
52%
*84 %
*22%
23%
*22%
%
34:%
33%
34 %
32
%
26 %
26%
26%
26%.
8%
8%
8%
51 "2
85%
24%
34%
No pax1
26 %
34
26%
26%
8%
9
87«
9
2.600
16%
85%
85%
34%
60
96
86%
x85%
*23%
77%
74%
*95
16
16
16%
86
100
Ontario
93
93%
16%
25
2.50
.-
preferred.
conv
&
96
*95
common—1
Paper
Minnesota Power & Light.
Minute Maid Corp
i
28% Mar 29
12
1st
$1.50
1
11
8 % Apr
25
1.50
-No par
Minn Mining & Mfg com
,
42% Apr
2
30% Jan 16
10
35
21%
58
9% Dec
35
29%
73% Jan 29
3
32
Minerals & Chem Corp of Ainer
I
Minneapolis & St Louis Ry—No par
90 % July 26
Jan
31%
Minn St Paul & S S Marie—No par
75% May 10
19
31
10
23
25% Nov 21
30
36%
12
26
8
31
Shares
35
14
Jan
Oct
34%
19% Jan
58
Aug 30
10J
10
Corp
34%
32% Jan
Feb
61 % Sep
30% Nov 28
preferred
Oil
34%
22% Apr
22% May 14
76
1st
Midwest
34 %
12
20
23
22
8'k
4
34%
the week
May 3
17% Mar 21
25% July 17
Jan
Apr
24% Jan
4
34
46%
-—5
Prod common
ttteei
34
31
!_
Sales for
Friday
25% Mar 22
31
17
105
Jan
MiuUim
33%
—.10
Enterprise., Inc—
distribution
$25
Apr. 30
Apr. 29
Par
Inc—
HIGH SALE PRICES
Wednesday
Thursday
May 1
May 2
AND
29%
19% Dec
95
35
Ex
Utilities
Tuesday
Monday
STOCK
YORK
EXCHANGE
2
Jan
33
26% Sep 26
LOW
STOCKS
Range for Previous
230
23%
36% Jan 23
49 % Apr
37% Feb
15
53% Apr
22
Mission
—1
48%
49%
49
37% Apr
22
Mission
36%
36%
36%
36%
37
36 %
:_5
36% Aug 14
2
37% Jan
18
10
36%
37%
37
37
37
37%
36%
87%
25
33% Jan
36%
30% Jun
29
17% Jan
10%
9%
9% Nov
10%
10%
58%
58%
39
81% Jan
49% Nov 29
35% Apr
26
30
5
8% Mar 15
12% Jan
5
65% Mar
6
36% Mar 28
44% Jan
47% May 14
8% Feb
13
31
11% Apr 12
No par
9%
10%
9%
101/4
10 %
57%
57%
59%
58%
60%
58%
60
100
56%
39 Va
39%
39
39'b
39%
39%
39%
Missouri-Kan-Tex
>
2
11% Feb 29
Oct
3
76
Feb 20
67
Jan
67% Oct
2
88
Feb
20
75
14% Dec
31
22
Mar 23
21
13
18% Nov 29
28% July 23
24% Jan 12
18% May
3
23% Jan
9
16% Nov 29
24% Jan
11% Apr
2
18
8
Class B
Dec
3
4
72% May
Jan
2
3
17
3%%
83% Apr 22
14% Jan
19% Mar 18
1
Apr
16
24% Apr
18
Jan
RR
com
7%; preferred series A
<
7% Oct
60
50
50%
Missouri Pacific RR class A—Nopar
Mohasco Industries Inc
5
8
55% Jan 25
Corp
Development Co
Mississippi River Fuel Corp
%
preferred
4.20%
Mojud
Monarch
100
Inc
10,100
10
10%
10
10%
26,300
70%
71%
71
71
82
80%
82
V
15%
15%
15%
Si
22%
22%
10%
71
82
81
16
15%:
22%
22%
22%
-
■>:;
class
82%
82
15%
15%
21 %
21%
21%
21%
18%
19
22%
.25
*19%
19
19%
*19
19%
13%
13%
*13
13%
*12%
2
35
35%
35
35%
34%
13%
35%
34%
35%
5
24%
25
25
25 %
24%
25 J/8
24%
25
20
19
18%
*13
30% Feb 26
37% Jan 14
Monsanto
22% Nov 29
28
Jan
3
24% Jan
2
26% Mar
Montana-Dakota Utilities Co
39% Jan
47
Jun
14
40% Jan
2
47% Apr 16
Montana Power Co (TheLUiiNo par
45%
45%
45%
45%
45%
45%
Montecatini Mining & ChemicalAmerican shares..
__1,000 lire
20%
20%
197b
20%
20
201/a
13%
26
4
19% Apr 30
22
26% Feb 11
35% Feb 12
33% Jan
4
40% Jan
7
10
38% Aug
1
467/e Apr 27
25% Dec 14
21% Mar 12
18% Nov 27
28 % Mar 12
15% Apr
30% Jan
23
Dec
31
18% Jan
38
24
19% Jan
3
29
Motorola
Jan
10
Motor
Products
23% Jan
11
Motor
Wheel
37% Dec
13
51% Mar 14
35% Feb
13
23
45% Nov
9
42
11
47
32% Mar
7
20% Mar 27
Sep 26
30% Nov 20
40% May 10
14% Dec
18
31
Jan
4
Feb
14
32% Jan
8
14% Mar 25
17% Apr
30
35 % May
38% Jan
11
27% Feb
;
Morrell
(John)
25%
45
45%
20
20%
7,400
4,300
5,800
•
29%
28%
29%
28%
29%
29%
31
31
31%
36.200
39%
37%
37%
37%
38
37%
37%
37%
37%
18.900
23%
23%
23%
23%
23%
23%
23%
23%
23%
1.500
15%
16
15%
15%
15%
15%
15%
16
15 %
15%
5.200
44%
44%
44
44%
43%
44
43%
44%
44%
44%
7,300
42%
42%
2,400
*21%
10
43
5
21
21%
21 %
29%
21%
42%
42%
42%
43
21%
21%
21%
21%
21%
29
29%
29
29 %
29%
29%
3,200
1,800
(G C)
24% Apr
1
15
30% Jan
4
Murray Corp of America..
50
43 % Jan
7
50
May
1
Myers
24
148
May 10
Apr
26
130
Jan
8
Nashville
July 16
July 25
35% Apr
29
18% Jan
4
Natco
Feb
11
80% Jan
8
National
Acme
:
17
17%
17%
17%
16%
17%
16%
16%
15%
16 %
3.400
I
42 % Apr 12
4
29%
29%
5
u.
21
<te
43
29%
23%
I
Inc
31
(F E)
*41%
43
Corp
Mueller Brass Co..
Munsingwear
Murphy Co
30.000
34%
37%
Corp..
42% Jan
11
100
*
34%
'V 24%
29%
12
36% Dec
Mar 15
1,300
10
Lines
<fe Co .—I—
Inc
29% Dec
45% Jan
1,500
.
13%
—.3
Moore-McCormack
25% Jan
30% Jan
Co
Monterey Oil Co
....1
Montgomery Ward <te C0___~.N0 par
30
44% Apr
21
Chemical
1,100
20%
20
51% Mar 19
19
*13
;
45%
45%
Feb 19
33% Nov
450
82%
15%
,
No pur
Tool
A
—
580
•
15%
-82
__No par
Machine
RR
39%
10%
72%
10%
71
15%
4,800
2,800
10,900
10
10%
70%
*81
_______1.25
14,200
-
72
39%
10%
70%
100
_____
preferred
Co
Monon
,
36
36%
35%
36
35%
35%
35%.
36
36
37%
7.300
27%
28 %
28%
28%
27%
28'%
27%
29%
28%
29%
14.000
46
47%
48%
48%
49%
50
50
50
49
50
110
110
110
10
..——..No par
Bros
i
6,400
.
16,000
-
36%
10%
•
36%
12
36%
3
26% Feb
86
29% Jan
40% July 24
51%
36%
5.400
2.600
'■%,
1.600
N
118
Jan
106
16 %
May 28
22
62
Jan
23
82
23
Feb
17
29% Jun 27
20
Mar 28
11
Nov
26
16% Mar 19
11
Feb
35% Jun
8
34% Oct
150
42 % Apr
17
21
Nov
39% Jan
179
Jan
18
69
33% Apr
12
8
Ohatt
National
Automotive
National
Aviation
35
Jan
2
38 Va Feb
26
Jan
2
163% Apr
!'■,!
15% Aug 17
13% Feb
27
15% Jan
9
National
Can
59
July 20
46 % Feb
12
58% May
3
National
Cash
24% Apr
40% May
Apr
11
26% May 14
20% Jan
3
10
33% Dec
30
Feb
12
23
42% Aug 14
25% Jun 27
21% Mar 19
20% Feb
10
92% Dec
17
18% Jun
29% Oct
6
11
101% Aug 28
20
21% Mar 12
37% Dec
27
93
28
61% Apr 13
105% Feb 23
Dec
76% Jan 23
154
Dec
132
Nov
123% Aug
9
10
179
Jan
30
153
Mar 12
11% Jan
5
32% Feb
14
16% Jan 20
31
14% Sep
4
48% Oct 24
34% Apr 30
18% Apr
8
23 % Feb 12
94
Jan
18% Jan.
35% Apr
2
156% Feb
National Fuel
11
National
23
17% Feb
12
33% Dec 28
65% Mar 13
33 % Feb 12
40% Feb
12
36
Dec
13
48
36% Jan
2
7
Oct
15
10% Dec 26
9% Apr 13
12% Oct 11
12% Feb
17
20
13
Jan
3
Mar 29
8
9
Feb
Apr
15
17% Mar 19
31% Dec
39% July 30
31% May
96
79
75
Dec
8% Mar
14
3
16% Apr 26
79
Nov
20
50
May 28
23% Nov 29
17% Sep
6
14
129% May 3
162% Apr 16
Gas
7%
Lead
Jan
23
Jan
7
National
4
Natl Malleable & Steel
National
3
10
9
10% Jan
2
National
U
14% Jan 11
National
Vulcanized
Jan
11
Natomas
Supply
5
Nehi
4
Neisner Bros Inc
3
33% Jan
18
2
85
Feb
26
10
York Dock common.
non-cum
Jan
15
14
Preferred
19
21
58
Nov 26
32
Apr 24
12
N
73
Nov
Dec
31
82
Dec
11
60% Jan
18
31% Mar
23
71
15
73% Feb
14
13
81
Jan
30
86% Apr
11
Feb
98% Jan
Jan
74 % Jan
4
9
79
Jan
14
16
82
Jan
25
90
16
18% Apr
33% Feb
10
23% Jan 31
12
38
13
49% Sep
7
25% Oct
16
19
3
27% Mar 18
39% Jan
2
20% Feb
23% Jan
10
Jan
4
76
41
50% Aug
8
48% Jan
Sep
35% Oct
16% Oct
19
111
Jun
5
1
45
Apr
12
2
Jan
14
39% Feb
12
79
58% Apr
107
16
1
18% Aug
7
72% Dec
17
91
Feb
21
12
103
Jan
3
82
Dec
5
101% Jan
84
102% Jan
16% Feb
74% Jan
85
Jan
Y State
Electric
Gas
73
74%
10,400
35%
35%
2,100
18%
48%
47%
48
40
9%
9
9Vo
*9
8,100
8%
8%
9,500
9%
9
9%
500
13%
7%
11,000
13%
xl3%
13%
13 %
7%
71%
7%
7%
7%
*15%
15%
*16%
15%
15%
13%
13%
13%
33%
1312
13%
*13%
13%
13%
13%
400
31%
31%
31%
31%
31%
31 %
31%
31%
31%
31%
1,900
*82 %
84%
*82J,'2
84 %
83
83%
*82%
841%
*82%
84%
40
16%
19,400
16%
16%
83%
*81
112
111%
16%
*80
111
15%
16%
15%
16%
16%
16%
83
*80
110
*80
83
112
111
111%
15%
16%
83
111%
78%
79%
26
26
26 %
26 %
26%
2,600
30%
30%
30%
30%
30%
31%
28,400
28
27%
27%
27
27%
26%
27
26%
27%
29,000
27%
15
86%
*84
86%
79 %
*84
No par
*84
No par
*100
103
*99
102
*99
*305
335
*305
335
*305
No par
*15
77%
80
*84
86%
86%
*99
102
*305
350
15%
*14%
151/4
14%
14%
14%
15%
15%
36'/a
*38
36 %
36
36%
36
36%
36%
37%
1
37%
39%
38
38%
36
38
35%
37
36
36
38%
38%
38%
38
38%
84%
*80
No par
83
*73
81
36
_,_2.
38%
*80
30%
38%
*80
83
30%
30%
38%
33%
38%
83
80
80
30%
30%
30%
71
71
71
76
-
76
*73
76
*73
*74
76
82
82
81%
81%
82
82
*86
88
87%
87%
87
87%
120
19%
19%
19%
19%
19%
19%
19%
6,700
36
35%
357a
35 7a
35%
35%
36
35%
35%
1,500
68%
69
1,300
69
68%
68%
68 %
68%
69
22 %
22Vi
*22
223%
22%
22%
30
30%
31%
30%
31%
30
30%
22 V4
21%
21%
21%
22
76 %
76%
*76%
77%
76%
76%
55%
55%
56%
561/4
561/4
Mar 29
90
Feb
1
$4.08 preferred series
90% Feb
18
$4.11 preferred series
$4.16 preferred series
$3.60 preferred series
$4.10 preferred series
88
Jan
8
13
24% Jan
2
14
28% Feb
4
1
1
19% Jan
Northrop Aircraft Inc
3
14% Feb
12
17% Jan
4
1
28% Jan
Northwest Airlines
6
21% Feb
15
50
Feb
11
28
Aj>r 30
23
Apr 10
59% Jan 24
3
4.6%
Inc
60
57%
57%
6,300
*107
106%
106%
42%
42%
42%
17%
17%
17
17%
17
17%
17%
75%
76
76
108
42%
44%
58,400
17%
17%
8,900
76
*75
76
*75
76
50
*85
86%
*85
86%
*85
86%
•85
86%
80
•86
90
*86
90
•86
90
*86
90
*85
90
87%
*90
86
86
92%
87%
*87
89
87
87
*86
87%
90
90
*87
90
*87
90
24%
24%
25
24%
25%
12,600
15%
15%
15%
4,100
23%
24%
•
24%
24%
24%
24%
15%
15%
15%
15%
15%
15%
15%
*22%
23%
*22%
22%
22%
23%
*22%
23%
*22%
58
58
57%
58
*57
57%
*57
57%
*57%
29
29
28
28 %
*28
28%
•28%
28%
28%
-
~70
*86
90
1.25
25
1—•
230
43%
17%
2.50
preferred
common
107
85
75%
•75
1
Norwich Pharmacal Co
New
107
85
100
100
100
100
common__10
2.800
56 %
42%
100
.
56,600
22
76%
5
1
31%
21%
43%
107
500
76%
42%
107
30%-
231/4
21%
*105%
107
68%
*22%
*76%
States Pwr Co (Minn)—
Common
150
19%
5
Pacific Ry_
preferred
20
900
*70 Va
100
5%%
Northern
5,100
19,000
71
22%
55%
2,000
*70
30%
com—lo
.2,500
10,310
71
22
.1
1
Co
30%
22%
50
Co—
30%
68%
—_25
Aviation
Natural Gas
15
19%
19%
common—25
Northeast Capital Corp.
Central Ry
*86
.—5
„
Ry
86%
102
335
36%
100
Western
*84%
*99
*305
1 00%
335
100
8
29% May
13,900
80
25%
30%
3
5
3,400
26%
Mar
Feb
83
113
82
44% May
92
600
79%
Adjustment preferred -UL
(■<
112/
15%
26%
30%
82
14
16%
*80
*
81 %
88
American
15%
■
30%
*86
Northern
1,400
13%
7%
*80%
Northern
21,600
40%
8%
13%
*73
&
18%
40
81%
99% July 25
74%'
35%
8%
76
29% Jan
page 26.
4,000
73
35%
18
7%
100
8
see
18%
72 3%
26%
preferred
preferred
4.10%
90
800
5,500
36
.'181%
47%
88
3.90%
18
For.feot-notes-
*9
18
38 %
*70
18
63% July 23
39%
8%
71
Dec
47% Jan 10
13
39
38i%
71
85% Dec
20% Oct
133
13
39%
8'%
30%
21 % Jun
Oct
132%
13
39%
8%
30
Feb
10
9%
*9
8%
*80
92
85% Jan
133
13
Corp—
82
5
8%
100
North
38%
132%
13
39%
77%
—
2
2
39%
110
30%
—
10
Jan
38%
157%
13%
Shipbuilding Corp
17% Mar 25
86
39
8%
1
A
5
9
132
*12%
157%
7%
Northern
84
Dec
105
12
Mar 19
132
13
Niagara Mhk Pwr Corp com__No par
3.40% preferred
100
3.60% preferred
100
9
3
series
Norfolk
70% Jan
133%
*12%
159
25%
,
5%
8
24% Jan
Jan
York
Jan
11
*132
13
50
Niagara Share Corp
Nopco Chemical Co__
20
Apr
133%
*157%
5
preferred—
$3.75 preferred
28
62% Feb
88
8
Jan
22
77% Dec 28
104
1
160%
16,500
13%
—
Common
1
Jan
73% July 18
26% Feb
7
38% Nov 29
May
8
Apr
22 y8 Aug
43
Apr
19
16 % Jan
29% Jan
103
18% May 25
33% Jan
5
22% Nov
87
91
28
78
38% Apr
2
85% Feb
69% Nov 29
2
77% Jan
34% Feb 28
6
36% Jan
153
129%
_No par
Brake
Common
41% Jan
5
159 "
129
Haven & Hartford Co—
17
Feb
39% Mar 27
158
9,600
129
125
7%
Harlem RR Co.;
13% Feb 12
94
125%
13%
Chicago & St Louis Co
New
4
123%
1
pfd-100
22
54% Jan
123%
160 %
:T58
12%
System
87
New
121%
94%
124%
133%
No par
100
common
29% Jan
Mar
40
*92%
126
*93
1
Mar 13
4
93%
1
78
28
38
93%
.1
N Y
33
75 % Nov
37%
93%
Co
25
3
34% Dec
37%
93%
%
47%
Feb
3
28 % Dec
36%
93
.
Electric
Air
Jan
8.400
19%
36%
92
Mining Corp
_lo
Newport News Ship & Dry Dock
1
30
-■/
19%
36 %
38
Jersey Pr & Lt Co 4%
64% Jan
19%
191%
19%
36%
93%
46%
England
26
600
19%
47
New
12% Nov 27
28.600
35%
I
32% Dec
9,700
27%
100%
19%
38 %
preferred
Y New
19%
23
21%
27%
*100
36
Newmont
N
19%
22
27%
100%
19%
38
26
11
27%
*100
35%
46 %
Fibre
Corp
Y &
99%
99%
38%
New
N
27%
99%
19%
46%
2
Mar 28
26%
21 %
21%
27 %
99%
19%
45%
25
351
99%
19%
27
38
24
Mar 28
19%
27%
*98
1
York
351
36,600
5
York Central
9
18,400
35
1
Pa_
Jan
$5
40%
34%
19%
Co
Newberry Co (J J)
Mar 11
24%
39 %
34%
26%
com .5
Inc
Jan
Apr
a
40%
34%
72%
17
103
23%
39%
34%
*35%
86
10
23%
39%
34%
35 %
New
100% Apr
23%
38%
34%
35 %
New
Jan
23%
38%
34%
36
4
July 25
23%
37%
35
35%
26% Apr 30
107
4,400
*23%
38%
No par
35% Jan
500
23 7
23%
18%
14
6
58%
72%
25
33% May 18
91
Jan 17
14%
57%
18%
114% Apr
84% Jan
7
14
58%
72
Feb
8
14%
57%
18%
27% Feb
23
14%
57%
__1
14% Feb
16
14%
56
34%
Radiator—
16% Feb
19
14%
56%,
71%
L
(The)
National Theatres
2
13
14%
55%
'
1.000
11,700
38
National Tea Co
9% Jan
Jan
14
14 >2
56%
5
9
40% May
99% Feb
14%
1
Sugar Ref Co__
13% Jan 21
July 24
Jun
158%
13%
National
14% Jan
16% Feb
37%
159%
70%
Corp
Corp
2
8i
37%
158%
38 %
37 Va Mar 11
3%%
280
5,100
17,500
37%
159%
No par
10
Steel
6% Jan
Jan
37%
158%
37%
158%
Cast—No par
National
8
12%
36
37%
5
National Shares
3
S
32%
35%
159%
Corp
18% Apr ;. 9
Jan
12%
36
100
Service
80% Jan
51
12%
36
37%
—100
13
47% Jan
12%
35%
159%
common
139
Linen
12%
35%
37%
No par
Co
4 500
13
35%
10
preferred A
preferred B.
6%
3,400
20%
12%
35%
159%
common..
$4.50 preferred
National
20%
21
13
37%
CO—;
Gypsum Co
74% Apr
11
Sep 26
440
4
1,300
159%
pfd series of 1951—100
33% Apr 30
47% Jan
3
26% Sep
94% Jan
Mar 13
Jan
20%
1.900
23%
125% May 7
87% Nov 19
32% Nov 29
76
3
97% Feb
21
88% Jan
Jan
5
97
4%%
4
12% Feb 27
5% July 18
13% May 28
13% Dec 21
20%
15%
71%
35
56%
Department Stores
Distillers & Chem Corp
Natl
25
20
Sep 10
77% Aug 17
87% Nov
5
Jan
64
20%
National
19% Jan
37% Apr
20%
15%
71%
12%
.—10
23% Jan
40% Jan
Apr 26
12% Apr 12
20%
210
15%
73
35
City Lines Inc.
7
132
20%
*70
37%
Corp.
Register
National
25
11
20%
.
15%
15%
74
National Cylinder Gas Co
National Dairy Products..—
3
Apr
8
100% Feb 12
15%
73%
_..iou
2
101% Apr
91
15%
74
5
10
common.:
5
9
110
109%
15%
73%
1
Corp
38% Mar 18
27% Mar 21
109'2
15%
73%
Inc
preferred A
11% May 24
Feb
Fibres
Biscuit Co
National
9
110
15%
73 %
Airlines
National
14
*108
108
108
_5
1
3
Jan
155
34% Jan
100
1
13% Mar 13
30
20
Louis
Co
38% Jan
30
24
20
St
*
34% Feb
13
&
Corp
50
100
58
2.600
29%
1.300
|
Number 5635
Volume 185
...
The Commercial and Financial Chronicle
(2115)
NEW YORK STOCK EXCHANGE STOCK RECORD
Range for Previous
STOCKS
Year 1956
Lowest
Lowest
LOW AND HIGH
NEW YORK STOCK
Range Since Jan. 1
Highest
SALE
Sales for
PRICES
Monday
EXCHANGE
Highest
Tuesday
Wednesday
Thursday
Friday
the Week
Apr. 29
Par
Apr. 30
May 1
May 2
May 3
Shares
o
49
Dec
14
58% Aug 13
48 Va Feb
12
90% Dec
13
110% Jan
4
91% Apr
17
Dec
20
100
Jan
5
79
Jan
2
Dec
18
110
Jan
11
95
Jan
4
92% Dec
94
Feb
78
95
31
109% Feb
10
33% Jan
4
47y»Apr
3
34 % Jan
10
17% Nov
1
43
89
Jan
Ohio
22
19% July 13
95
79
80
1
4.56%
100
97%
97%
4.44%
preferred
99% Mar 25
11
44% Jan
4
14
43% Apr
22
17% Mar 25
Ohio
18
Jan
3
93
Feb
13
97
Jan
15
26
Jan
11
28 % Mar
42% Feb
Jun
Oil
4%
a___100
Gas
&
Elec
preferred
4.24%
Co
52%
94 Va
94
94
*94
95
150
80%
80 %
80%
80 y2
*80%
82
290
*96%
97%
*96%
97%
270
*931/2
97%
97
95
97%
*96%
*93%
95
94
94%
38%
38%
37%
38%
38
42%
42%
42%
43%
43%
43%
series
Natural
*17%
*91
27
%
*17%
17%
93%
*91
27%
80
40
! 8 4.000
43%
43%
17%
*17%
93%
*91
100
93%
27%
3,700
17%
*91
'27%
17%
17%
27%
27%
95
39 y»
43%
27%
*17%
*91
27%
95
40 %
43
,r
93%
17%
95
100
7.50
Gas
95
95
39 Va
38%
10
com
20
Preferred
Oklahoma
7
52%
94%
No par
Co
Oklahoma
52%
94 y4
94%
*80
52%
5,300
52%
52%
52%
81
52
52%
95
100
26
104
3
52
,—100
103% Mar
1
12
common
preferred
preferred
35% Feb
Jan
Co
preferred
3.90%
38
July 10
Edison
4.40%
29
29 3a July 16
97% May 29
23% Jan
■
52% Apr
101% Mar 18
27%
4,800
47%
27%
19,600
Olin Mathleson Chemical Corp—
148
Nov
29
62% Aug
2
.105
Nov
20
130% Aug
2
May 28
17% Jan
80% Dec 31
107% Jan
*■
11
33 % Feb
14
40% Feb
;;
3
77
~
May
16% Sep
(
60
2
16
9
11% Feb
12
13% Jan
11
9
82
89% Jan
11
Jan
3
Common
Jan
27
90
f
6
35
39 y0 Feb
12
48% May
70 Va Feb
13
Nov 30
31
95% July 23
17 " Mar 26
84
»
Oct
Apr
85
2
50% Mar 27
57% Jan
15
10
Outlet
104
43
Mar 13
91
Apr
18
96
Jan
13
May
5
2
Jan
,
Corp (The)__
Corning Fiberglas
4%
15
$5
Co
Pacific
23% Feb
Oct
47
24
Feb
18
26% Jan
40
31% Oct 31
33 y4 Jan
19
43% Apr
3
50 Va Jan
3t>
Paciiic Lignting
16
53% Mar 28
2
35 VB Nov 29
48
Apr
40
Jan
12
54
Jan
12
28% Feb
28
142% July 16
30% Nov 29
123% Jan
2
131% Mar
35% Mar
122% Sep
28
128
26
152% Feb
1
128% Jan
Dec
9
78
Apr
2
137% Mar 12
6
Feb
20
21 y4 Mar 20
15
Feb
11
7% Apr 22
19 y3 Jan
4
9
Mar
6%
Tin
53
Dec
26
48% Feb
12
56% Jan
16
31
103
Jan
6
88V2Jan
2
94% Apr
4
27% Nov 29
36 % Jan
3
28 V4 Jan
2
36
3
29
42% Dec
10
40y4Jan
8
45% Mar 29
%, Jan
Apr
4
57 y2 Apr
17
42% Feb
12
55
Anr
23
8
30% Jan
9
22% Feb
12
26% Jan
2
Parker
12% Jan
23
17% Dec 20
16% Jan
18
22'/a May
1
2
6V4 Mar 12
3% Feb
18
4% Jan
10% Sep
26
14% Jun
25
27J/4 Sep
26
37
21
Jun
10
Mar 27
26
Mar 27
25 % Apr
Nov
37
27
61
60%
60%
97%
97%
96%
39:%
40
39%
91%
93 %
14
14
___5
14%
14%
1
25%;
25%
*25
.
26
2
14
*13%
*13%
14
13
13%
2,700
15
15'/a
15%
15 Va
15%
15 Va
15
Va
I,300
25%
25%
25%
25%
25
25
25%
25
25
42
42%
3,600
49
49'/a
23,000
37%
4,900
25%
*25
*25
40
40%
41%
42
25
49%
49%
48%
49%
48%
49
48%
49
37%
37%
*28%
30%
*28%
30%
*29'/«
30%
*29
30 %
127%
127%
127%
128 %
127%
128%
128
128 Va
*135
136
135
135
136
134%
135
136
*135
37
6%
6%
6%
6%
6'4
1
15%
16%
16 Va
16%
16 »/a
53
53%
100
Corp
Distillers Corp
*94 y2
_l
,___
33%
Co—
96
*42
1
53%,
44
*42
93
33%
33%
*42
44
52%
53
52
23%
23%
23%
24
20%
21
21'/a
22'/a
3%
3%
3%
3%
3%
Ford
3.50
new
10%
10%
27%
28
25%
25%
i
25%
11
28 %
25%
25%
51%
48%
5214
48%
*21%
22'/«
*21'%
25
*25%
25%
25%
25%
30% Jan
27 V, Mar
8
24
40 V2 Jan
2
2
14% Jan
24
43% July 11
32 % Apr
Nov
20
16 y4 Jun
18
13% Jan
49% Feb
29
68
Dec
12
52% Feb
12
60
Jan
2
Penna
48 y4 Jan
3
43% Feb
25
45% Jan
9
Penn
2
94 V4 Jan
2
106
jan
29
4Vz%
29
92% Jan
2
101
Jan
25
4.40%
22% Jan
7
13
92% Dec
27
112% Mar
91
Dec
19
109
21
Nov 29
28
45% Jan
23
Feb
Mar 29
66% Sep
20
17
19% Jan
31 y8 Jan
35 y4 Feb
6
32% Oet
147
Jan
1
168
26
62 % Mar 14
d Pennsalt
2
13% Jan
9
Penn-Texas
23
25% Jin
8
12
165
Aug 15
45
64
96
Jan
Jan
Apr
Sep 12
I8V2 Oct 24
3
54
92
Dec
16% Oct
93% Oct
23% May
25
52 V2 Apr
Mar
1
95
14
98% Mar 28
Jan
17
12
7% Mar 12
51%
42% Feb
12
Apr
17
95
Jan
10
76% Mar 19
51
Feb
5
40% Mar 23
36% Jan 18
26% Mar 14
19
20y8 Dec
20% Apr
98% Jan
10
96% Dec
28
112% Jan
13
26
4
63% Jan
2
40
23
24
4.40%
19
4.30%
84% Dec
17
102
Feb
24
87
Apr
25
93
Dec
14
106
Jan
4
94
Jan
3
104% Feb
103
Dec
10
109% Jan
10
17
Jan
23
29% Nov
19
103% Apr
24% Feb
12
16
Dec
5
64
Dec
26
91
Feb
39% Oct
1
47
July 11
36% Mar 13
Dec
May
46 V4 Oct
18% Apr
15
Mar 25
€8'/a Jan
16
41% Jan 21
45 y4 Mar
74
Jan
10
82
Feb
12
5
76% Jan
24
77% Feb
4
16
10% Feb
14
13% Jan
Mar
15% Jan
99% Mar 14
94% Jan 21
96 % Jan
3
2
1
56% Dec
43% Feb
53 V4 Jan
4
8% Dec
31
17
Oct
9
12% Jan
10
Jan
70%
22% Feb
26
3
89
Dec
89
32% Feb
21% Feb
11
86% Feb
1
100
7
Apr
10
Apr
50% Nov
13
89% Feb
4
19
6
37% Apr
20
3 6% Feb
12
16% Jun
8
149
Dec
11
163% Jan
16
144
140
Dec
21
170
Jan
23
146
37% Feb 13
69% Dec
74
20% July 27
Mar 15
21% Apr 23
67% Apr 26
27% Mar 20
93
Mar 26
96% May
46% Jan
20% May
2
Pitney-Eowes
Pitts Coke 8c
Chem Co
Metallurgical
80% Feb
7
85
Jan
23
23% Nov
19
23% Feb
27% Jan
16
Mar 13
13
Jun
25
16
Apr
20
14
Feb
30 V4 Jan
23
40 V4
22
Jan
23
38% Aug 20
27
21
Dec
11
23% Mar 23
21
Apr
45% Nov
15
55
7% Dec
31
10% May
Jan
135
Mar 29
73
May
1
101
May
1
22
11
37 Va Jan
4
Mar 12
31% Jan
10
Poor
Feb
22 Va Jan
16
2
22
Procter
28
50% Jan
7% Jan
2
2
9% Jan
63 Va Dec
27
74
1
64
Mar
1
67% Jan
18
37% Dec
10
49% July 25
38
Jan
30
45% Apr
35 Vb Nov
29
40% July 24
37% Jan
2
39% Jan
23
29
71
May
79 Va Mar 19
Dec
31
88 Va Mar 29
72% Jan
22% Dec
26
26% Jan
30
22
Jan
15
24% Feb
4
21 % Dec
5
26% Mar 14
22
Jan
7
23 % Feb
4
Feb
7
32% Feb
4
108
Nov
29
31
Dec
3
120
8
111% Jan
July 25
3
31VaJan
2
*
35% Mar
8
118
59
59%
58%
59
11%
11%
11%
11%
11%
22%
22%
21%
22
No par
37% Jan
4
51% Apr
5
37% F<»b
12
46% Jan
4
A4am
MAM
—
_
AM
21%
88
*97%
*104
40
21%
102
98%
*97%
18%
18 »/a
4%
57%
55%
56%
39%
39%
211a
21
%
21%
*21%
102%
101
%
101 %
39 y4
88
89
*88
98
98
98
*98 %
104
104
•88
90
89%
99
99
99
104
104
220
120
40
30
20,200
17
16%
17
16%
17
16%
16%
11,090
64 Va
64%
64%
43%
43%
V
%
♦103%
104
65
64%
43%
43%
43%
•78
79%
78
78
*78
*71
82
*71
82
79 Va
*70
•70
11%
11%
*94%
97
V-
11%
11%
•94%
97
*64%
43 Va
;■
250
65
43%
3,600
100
80
•78
80
79
*70
79%
11%
97
11%
*94'/a
1,500
11%
95
50
68,000
47%
47 %
48%
48 y4
49 Va
48%
50
49%
10
*8%
10
*8V2
10
*8%
10
*8%
10
42%
42%
42%
42%
42%
94
•92%
94%
21
20%
20%
65
62
63%
25%
X42%
42%
94
•92
43%
*92
94
26
•92
20%
•63
Va
26 Va
25%
26%
91
*89
No par
•89
91
•93
95
38 %
18%
58%
37%
18%
38 %
19%
37%
19%
96%
39%
38 Va
19%
20%
26%
25%
10
2,700
1,700
6,500
25%
91
*89
*95%
99
39%
39%
30
91
96%
19%
150
♦145
150
•145
150
148%
148 %
*148%
150
*148%
150
57%
57%
56%
58
57%
79%
77
77% '
76%
*145
3,700
'
96
58 Va
210
99%
79
18%
300
90
♦78
•94%
8,500
21%
105
16%
97
39%
102 %
29%
17
11%
10,000
*103%
16%
11%
20
56%
30 Va
30
43 %
5,200
16,300
29%
29%
•64
4%
54%
98
30'%
30%
64%
39%
*21'/a
•102
6,400
29%
29%
44
21 %
300
102
99 Va
105
39%
55%
50
102
90
43%
*4%
54
•96
89
64%
4%
54%
96 %
*21 '/a
39%
49,200
98%
18%
18
101 %
39%
500
23%
*97%
..
53%
56%
6,100
77
96%
91
19%
*145
100
39%
II,900
19%
12,300
150
148%
148%
~30
58%
58%
58%
2.500
77%
77%
77%
6,900
7%
7%
7%
7%
7%
7%
7%
2,200
27%
27%
28
28 %
28%
28%
28%
28%
7,900
78%
78%
*78
79 Va
*78
79 Va
♦78
79%
78
82%
*81
82 V4
*81
82 %
*81%
82 %
*81%
82%
26%
26%
26%
26'/a
26%
10
100
A
100
West
78
*81
26%
*132
78%
26%
140
77 Va
26 %
*132
26%,
140
7%
26 Va
*132
*132
140
140
10
79%
♦131%
70%
140
_
1,300
.
13,100
71
__
68%
71
71%
73
70%
72%
98
99
100%
101
99
99
15%
15%
15%
15%
15%
15%
15%
15%
15%
33%
_
_
_
Electric
68%
97
34%
33 Va
34%
34%
34%
34%
35%
34%
35.
9,100
2,100
67%
75
preferred
♦96
900
100
800
28
28%
28%
28%
28%
28%
28%
28%
28%
28%
21%
22
21%
21%
21%
21%
21%
22
21%
22
47%
48
47%
48
48
48 %
48%
48%
48'/a
48%
9,000
5
8%
8%
8%
8%
8%
9%
12,100
No par
•65%
67
67%
67%
67%
67
______
Industries
*96
2
_
Power Co
Gamble
Inc
com
$4.75 cum preferred-
8%
8
Va
8%
67
*66
8%
♦66
8,500
20
67
Public Serv
Co
of
Colorado- _—10
44 %
45
44%
44 V4
45
45
44%
45
45%
45%
2,100
Public Serv
Co
of
Indiana
No par
38%
38%
38 %
38%
38%
38%
38%
38%
38%
38%
5,100
79
3% %
4.20%
Pub
preferred
Serv
$1.40
El
div
&
Gas
_
_
25
_
_
_
..
25
_
_
No pat-
Com
preference com__ No par
4.30%
oreferred
Pueet Sound
Pullman
Pure
Oil
_
_
_
Pow 8c Lt Co
Inc
(The;
_
79 Va
♦79
80
*78%
80
23%
*22%
23%
*22%
23%
*22%
23%
*22
23
*22
23
*22
23
*22
23
•114
100
preferred
4.32preferred.
4.16%
preferred
100
n
39%
56%
48%
50
Va
♦93
—100
1
600
)•
1,500
22%
4
91
preferred
24
1,800
34%
51
97
97
preferred
f AAf
56%
*72
7-4
53
25%
4.18%
Mar 28
47,500
194%
22%
22%
4%
25%
4.08%
faVif
57
48
51%
♦93%
4
56%
96
•88
27
Feb
4'%
52%
No par
—2.50
2,100
*50
63
10
*34
194%
•95%
4%
51%
*95%
63
Mar 13
29
17%
66
Feb
95
98%
17%
64
Feb
66 Va Apr
*97%
17%
66
92
7
98%
17%
64%
92
13
*97%
•72
,
21
29
Jan
50%
75
20%
3
59% Feb
22%
50%
*72
21 Va
15
24% Jan 21
22%
51 %
20%
14
90
23 y4
21%
85% Jan
3
75
22%
93
86% Jan
15
75
21%
26% May
74% Jan
49 %
93
16
29% July 25
48%
42%
10
106% Feb
49
*8%
Feb 15
3
48%
42%
32% Jan
1
197 %
5
103% Feb
22%.Tan
194%
34%
2a
11
62% Oct
34 %
195
48%
96
102
v
48%
*95%
"47%
21
17
17%
*94 y2
26
89% Dec
*97%
11%
(The).
Co
&
Publicker
34%
194%
34'4
34
193
193
*50'/a
98%
17%
No par
*33%
60
60'/a
-
51
85% Dec
104
33%
193
23%
82% Dec
26% Dec
33%
192
51
Co
Plymouth Oil Co
&
39,700
60%
22%
Bolt
class
convertible
Potomac
13
20%
22'%
Plough Inc
Apr
X20%
15%
Pittston Co
$3.50
20%
11
100
VirginiaPittsburgh Young & Ash pfd —100
8c
20%
22 Va
77%
1st series prior pfd__
Pittsburgh
16
44% Jan
Aug 10
preferred
12
31% Feb
6
4
5',i>
5x/ir,o
20"/«
7%
Co
80% Mar 12
20'%
27%
&
Steel
77% Mar 29
470
20%
7%
Screw
Pittsburgh
4
96%
27%
Plate Glass
Pittsburgh
4
27
*96
101%
1
Pittsburgh
11
92 % Apr
96%
common —10
10
7% Apr
84% Apr
96
11%
100
1
Inc
37% Jan
7
101'/a
96%
22%
48%
77%
Coal Co
350
*101
96%
101
11
48%
com
85% Jan
23
3,500
101%
101 Va
96 %
60%
100
preferred
preferred (conv)
12
Oct
44
101%
60%
Pitts
81% Dec
53
22%
60
150
19
43%
*96
20%
*148%
Feb
*50
12%
..No par
$5 convertible
$4.80
44
*101
20%
6
150
7 Vb Feb
60% Mar 13
96%
54
43%
*
22%
5
.—100
Inc
26 % Mar 18
87
20%
101
150
75% Feb
130
-
*51
54
43% -44
44
11%
1
2
3
1
'"I
43%
22%
No par
17
19
96
*51
54
*51
lo
$4 preferred—
Piper Aircraft Corp
10
31
101
10
...
8% Sep
Dec
100
common
39% Dec
Feb
12,800
100
Hosiery..
96% Apr
90
14 Va
5
9
71% Nov
14%
100
10
155
14%
common
10
31
14%
100
100
Jan
24
14%
38
2
28
14 y4
44
*145
68 % Jan
Dec
14%
54
43%
1
12
Dec
14%
14%
*51 y2
Pittsburgh Forgings Co
1
Pitts Ft Wayne & Chic Ry corn. 100
7% guaranteed preferred
100
52% Feb
90
14'%'
1
Pitts Consolidation
21
17
36% Jan
19,800
_1
com
6% Feb
132
34 Va
1
Jan
9
25
34
7
146
Jan
35% May 14
34 %
No par
.
24% Feb
78
33%
^.12.50
Pillsbury Mills Inc
22
34
Amer
Phillips Jones Corp
5% preferred
Phillips Petroleum..
Phoenix
Jan
33'%
preferred
preferred
Reading Corp
10% Mar 15
53
34 %
common
44% Jan
3
93
Jan 21
28% July 25
9
Dec
86
Co
4
May" "I
33
40
preference
preferred
preferred
18
96
3
33
Corp
8V4 Jan
5
80
32%
33 %c
40% Feb
Feb
580
9,300
Ry Co__
3
Feb
*25%
81 Va
25
18
59% Jan
102
12
18% Mar 12
45
6
8
40 V4 Dec
89
3
91
3
12% May 25
96
62
Jan
26
26 Va
100
4.68%
100
Phila &
1
Philco Corp common—
3
3%% preferred series A—100
Philip Morris Inc common
...5
4% preferred
'___
100
3.90%
series preferred
100
31% Apr 22
1
14% Mar
3
106
52%
22%
25%
*25%
Va
80 %
Corp
conv
3.80%
94 % Mar 12
78V4 Nov 27
71
10
$1
*21%
26
50 Va
*25'/2
Brewing Co.
Phila Electric
22
*25%
81%
4 V4
1
12
60,900
*21%
51%
26%
52%
6
50
51 %
22 Mi;
:
80
4%
31
2,700
80 Va
51%
Jan
2,100
25%
common
common
Phelps-Dodge
9,600
28%
26%
79%
_5
Feb
105% Apr
94% Feb
2
4%
25
11%
28 Va
26%
25 Va
(Chas) 8c Co Inc common—1
2nd preferred (conv)
100
Pfeiffer
Pfizer
Feb
97
Corp
preferred
Petroleum Corp of
3
11
28%
26%
80%
4%%
15
54% May
11
10%
\
26%
50
Chemicals
Co
1,800
79%
common,
Pet Milk
3%
*25%
Pepsi-Cola Co„
3
22
4% Jan
26
107
4
Apr
19 V4 Jan
Mar 11
3% Mar 12
Oct
54% Jan 23
35% Deo
85
2
45 V4 Feb
700
3,800
3 Va
_i
Corp
Light com
Peoria & Eastern
9
18% Jan
3
22% Apr
2
3% Nov 26
37% Feb 10
New
3%
21%
81%
Peoples Drug Stores Inc..
Peoples Gas Light & Coke
24
Jan
105
27
Feb 25
Apr
49% Apr
9
64% Apr
26% May 18
45% Nov 20
35
198
21
12,300
24 Va
25 Va
preferred...
$1.60
51
80%
Pennsylvania RR
33% Apr
13
22
*23%
21%
24 Va
25%
Sand
&
52%
30
6,200
52%
*42
44
33%
4-4*
25
preferred—
series preferred
10
Apr
20% Apr
13
27
11
11
Glass
Power
25%.
95
33%
No par
Pemi-Dixie Cement Corp
Pennroad Corp (The)
z-
55% Jan 21
6
Dec
21% Jun
Feb
common
preferred
$1.30 preferred
Penney (J C) Co
23
43% Nov 26
Telep
33%
28
25%
26
22%
85% Mar 13
14,000
3%
28%
51%
30
54%
53%
*93
95
22
11%
28%
*21%
Jan
54%
*23%
11%
11
27%
3%
25
25% Apr 29
24,100
52
52%
V»\
'
No par
77
16%
33%
24
20%
Co—
$1.32
9
15%
•42
53%
Proof
$1 preferred
Jan
16 %
*93
44
23
28% Mar 27
3.200
53%
53%
S3
33%
33%
53%
96
53
*94%
34%
23
101
40
6%
Pipe Line—
22% Jan
11
1,270
6%
16
16%
27
Oct
-
6%
6%
6%
25% May
26
*135
_1
20 V2 Mar 22
78% Nov 29
36%
200
37%
52%
Peninsular
37%
36%
37%,
%
600
30%
128
39
1
*25
25%
40 %
127%
•
40
94
14
24% Mar 26
26
3,200
10,700
25%
41% Mar 12
Jan
2,800
-
25%
20%
52% Apr
*
39%
*92
29 y4 Jan
7
98
39%
94
25% Nov 14
Jan
62 y4
61%
■
*92
23 %
&
,■•7,300
94
2.50
Penick
200
52 Va
97'/a
39%
37%
40
16 y4
52
*92
No par
Rust
>
62 y4
40%
*28%
20,600
40
■;
39%
40%
100
100
82
16,700
;
98 y2
61
•97
10
No par
48%
si y4
14%
13%
5
240
48 y4
94
*92
14,100
87
16 y4
52%
.
r
•
16%
52%
97%
39%' •y
s
20% Dec 21
13
*16%
'V
Transportation____No par
Patino Mines & Enterprises
__1
Peabody Coal Co common
__5
5% conv prior preferred
25
10
Apr
60%
;
3.9 y2
Consolidated
Parke Davis &
24
12% Jan
31
61
82
98%
No par
26% Apr 22
29
52%
60%
Parmelee
3% Oct
16%
52%
No par
Tilford
23 Va Jun
*16%
53'/8
98
corp
preferred
&
*80%
16%
52 y4
39%
& Teleg common
Paramount Pictures
Park
82
*16%
15
Common
4%
*80%
16%
53%
13%
*8oy2
81%:
82
16 y4
52
25
Panhandle East
13
40
80%
Corp
Pan Amer World Airways Inc
Dec
Aug 27
♦so y4
1
preferred
Pacific
48% Dec
86
48%
82
Mills
Pacific Telep
9
6ya Dec 28
16% Jan 27
47%
81%
Corp—_1
300
111
X80%
48%
82%
preferred
Pacific
33% Jan
*85%
47%
Pacific Finance Corp
Pacific Gas & Electric
Jan
86%
-
80%
Pacific Cement & Aggregates Inc
Pacific Coast Co common.:
5%
86
83%
Inc
27
28% Nov 27
10
-
47%
6.25
Fisheries
Amer
16% Jan 31
17% Jan 22
2
85 Mi •
46 %
preferred
12
Jan
85 %
82
100
Feb
3
12%
47%
common
14% Apr 25
-»17% Jan 22
'
No par
Paper
23
17% Jan 22
86
47%
*109%
12%
12%
;
84%
cumul preferred
Oxford
86
12%
46
Owens-Illinois Glass Co
16
11
87
48%
110%
110
110%
12%
81%
Overland
6
64% Mar
95% Apr
36 % Feb
*110
12%
47%
47%
47%
47%
111
12%
83 %c
Corp
Co
47%
*110
12%
No par
Marine
Owens
18
*85%
6.25
;
112
12%
100
Elevator.
48 y4
112
1
3
Jan
47%
100
common
convertible preferred-
Outboard
Jan
"68
18
Otis
2
16% Jan
16%' Mar 27
-
5
preference 1951 series
4%%
51% May 9
102% Jan 13
16% Oct
10
73
July 5
July 11
106
••
Conv
Oliver Corp
93% Apr 24
91
27
98% Dec
9% Jan
11
113% Apr
50% July 26
lo '
Nov
50% Jan
13
79% Dec
Nov 20
59
11
Feb
105
119
*114
119
117
•114
117
*73
23 %
79%
*78%
22%
*22
30
80
22%
500
23
116%
116%
100
31%
31%
31%
31%
31%
31%
31%
31%
31%
21,200
27%
27%
27%
27%
27%
27%
27%
27 Vb
26%
27
88
88
*88
89
91
*89%
91
31%
*89%
100
92%
92%
10
28%
28 V*
28
No par
65%
66
93
93
64
Va
•114%
•88
92
28%
28 V4
65
62%
42%
41%
42%
42%
43%
60
*90
91%
120
93
*92%
93
570
v
i
•
,
28 Va
63%
•
42
89
88
91
♦92%
93
23%
*88
88
91
89
91
*92%
6,800
•
28%
28%
28 Va
62%
63%
62 %
63
43%
44%
44%
45%
4,100
4,900
53,300
23
\
Chronicle
and Financial
Commercial
The
24
.Monday, May 6, 1957
..
(2116)
EXCHANGE STOCK RECORD
NEW YORK STOCK
Range for Previous
Highest
SALE
HIGH
AND
Monday
l'uesda>
Apr. 3J
EXCHANGE
Friday
tn» Week
May .1
,'inursday
May t
May 1
Par
Sales for
PRICES
weuneaUay
Apr. 29
YORK STOCK
NEW
Range Since Jan. 1
Lowest
Highest
'
Year 1956
Lowes*
LOW
STOCKS
Scares
Q
31
Nov 21
29% Dec
33% Jan
35% Mar 7
Feb 20
33 % Apr 19
May 28
130
26
4
138
6
Feb
29% Jan
26 % Mar 26
337a Nov 23
50% Mar 22
31%
Jan
21
37% Apr
14
20% July 11
70% Apr
25
78
24
15 % Dec
87 % Feb
4
23
59% Apr
12
48% Feb
11
58
29
44"% Aug
3
25% Apr
15
34% Jan
12
Dec
27
11% Mar 14
13
July 19
15% Apr
12
19% Mar
16% Mar 15
20% Jan
16
31% Feb
14
37% May
31% Apr
17
34'/a Jan
4
37% Sep
24
44 % Jan
37
33% Nov
23
37% Apr
33% Feb
16% Aug
11
27
18
30
18
12
Jan
Apr
23% Feb
17
62
Feb
25
32% Jan
8
8% May
3
57
11% Dec
18
15% Jan
10
13
60% Dec
17
4
48% Feb
13% Apr
2
35% Jan 30
34% Dec
31
45
Apr
24
30% Apr
27
28% Dec
10
21
9% Feb
14
10% July 26
45 % Feb
13
85
3
51% Feb
5
60% Jan
41% Dec
27
49% Mar 19
42% Jan
2,
7
54% Jan
2
26% Jan
2
2
10% Jan
Mar 12
9% May
4
Oct
1
3
*83
34
*33%
34
5
*39
41%
*39'
41%
Roller Bit Co—_—No par
*25%
20 %
25%
—50c
9%
9%
9%
9%
10
*5%
6
5%
.10
5
*14 %
14%
Apr
26
70
Apr
26
69
Jan
2
69
81
Sep
12
89% Jan
16
79% Apr
24
Dec
21
105% Jan
17% Dec
5
Mar
(Robt) & Co—
div prior preference-
series—-——100
1
50c
12%
Common
series—
3 Va Apr
4
62% Feb
19
71% Jan
4
26% Apr
25
333/4 Jan
4
Riegel
19% Jan
30% Aug
Feb
27
9
19
510
Apr
Nov
28
105
Jan
90
Feb
35% Nov
415% May
Rohm
3
93% Mar 13
13
24% Feb
12
313/a Apr
11
?' Anr
3
137a Jan
2
48% July 31
31
3a
44% Dec
29
Feb
35
36 %
%
11
4 7 3/a Jan
2
Rotary
F-o
12
49a/a May
2
Royal
9
29
Dec
23
38% Apr
5
8
Nov
28
13% Apr
26
373/a Mar 28
14
71% Dec
17
30
97% Feb
3
13
155
38% Dec
5
52
22% Jan
137
17
Dec
Feb
112
38% Jan
Mar 19
22% Jan
25% Aug 31
16
20
13
Jan
24% Dec
3
33
69% Dec
3
91% Mar 23
235
Nov
155
Jan
25
10
152% Apr
46% Mar
6
5
4
205
lh
96
23% Aug 22
20 % Apr
12
23% Jan 29
37 % Mar 29
17
29% Jan
19
12% Jun
8
ai.'/4 reo
Apr
11
Jan
3
Feb
57%
63% Apr
14
Nov~29
26
39% May
23
17% Jan
13
20
48 % r eo
San
2
29
Savage
79'
Jan
2
86
Mar
93
Jan
4
102
Mar
31% Mar 20
May
2
Schering
83
36
$4
28
89% Mar
Dec
28
44% May
30% Feb 11
Jan
15
16% Jan
24
11
29% Jan
7
21% Feb
29
15%-Jan
3
7% Apr
27
3% Jan
8
4% Apr
18
Mar 15
42% Jan
7
60% Apr
50
Apr
59
July 11
39% Jan
20
59% Dec
8% Dec
14
11% May
22% Nov 27
62% Jan
10
19
Feb
26
100% Aug
17
9
3
8
L_„
13% Feb
14
21% Feb
7
45% Jan
19
55% Jan
4
55% Jan
23
52% Jan
24
50% Feb
10
24% Jan
3
Mar 19
29
10
12
58% Jan
2
Sharon
2
Sliattuck
7
Sheaffer
48
Feb
7% Mar 12
22% Feb
721% Feb
18
12
18
Nov
72% May
4
Shell
17
61% Feb
13
76% Apr 22
Skelly
Oil
Aug
3
60% Jan
21
75% Apr
30
Smith
(A
7
35
17
41% Jan
11
16% Jan
2
20% Jan
11
Smith-Douglass
47% Feb
13
Socony Mobil Oil Co
8
59% Apr
21% Jan
23
17% Feb
18
Solar
7% Dec
13
12% Jan
17% Jan
12
2
South Amer Gold &
23% May
2
South
46% Jan
9
54% July 27
451/2 Jan
2
50 % Apr
Mar 16
20% Jan
2
23 % May
30% Feb
18
19% Jan
11
23
Jan
31
33% Apr
18
33% Jan 23
39% Dec
31
38 % Apr
44% Nov 29
58% Mar 23
42 % Feb
38% Oct
1
49% May 16
41
17% Dec
6
20% Jun
17% Apr
26
91% Jan
4
28% July 19
21
4
20
6
May 28
Jan
% Sep
Dec
12
63 % Aug
47% Jun
25
73% Jan
38
95 Va Nov 30
16% Nov
1
21% Nov 29
103 % Mar
17
4
29 Ye Apr
105
2
July 17
31
11% Dec
19
16% Jan
3
70% Dec
28
83% Jan
17
22% Oct
1
31% Dec
7
For
footnotes see
page
26.
84 %
*83
31% Jan
1
43 % May
*97%
99
12
Mar 19
457a Jan
8
19% Feb
4
10
6 % Jan
14
26%
267a
26 5a
267%
2674
14%
14
14
"13%
14
133/4
14%
26 %
26%
26'%
26'/a
14
14 '/a
'■
4%
451/4 Apr 25
541/2 Jan
13
94 Ya Jan
9
Feb
25
19% Jan
14
17
Spear &
Feb
12
23% Jan
9
26
98V2 Jan
15
$4.50
12
12V2 Apr
11
.Spiegel
691/2 Mar 28
72% Jan
7
12
32 7a Jan
22
:
'.
87a
87a
24
243/a
14%
4'/a
'
4
17%
17%
53
53%
49
4974
9 Ve
9
Natural
Co
stk
com
$4.50
Co.
$5.50
97a
49
74
9%
2474
500
8474
7,600
24
23%
2374
51.30)
21
1974
20%
11,000
12%
12 34
12 %
127a
6.900
*31
31%
31'%
313%
31-
♦46'%
46'%
46'%
46'%
*79'%
81%
46
46
46
46'%
82
84V4
80
80
65%
66e/8
66%
67
71%
.-73%
'
*
67%
67
73
73%
737a
:
*80
6678
733%
1.00)
-31
1.000
*457i
46
82
79'%
80
67 7%
6574
6774
751%
7334
1.600
75%
74
%
75''4
7374
75
7434
75%
38
38 Va
387a
387a
40
38%
40
17%
17%
173/g
17'%
17%
1774
177s
171/a
17
57%
58
x56%
5734
57 Va
577a
57%
58%
58%
187a
*18'%
18%
18'%
18%
18%
18 3%
18%
17
-
9%
9%
22.703
22%
23Va
10,900
*46
48 Va
87a
*46
48%
34%
34'%-
357a
34%
34%
34%
351%
*33%
34'%
*33'%
34%
*331%
50'%
50'%
50'/a
,
22%
23'%
3,800
34%
50
50Va
'50'%
50%
2,303
97a
2374
48'/a
*46
35%
-
3,300
46.40)
23
9
22%
48%
*46
Va
18%
227a
87a
9
22 3/4
22%
10,500
8.8^0
'59
*18%
34,700
7.010
75
73%
37
5
15
48 Va
,
84'%
2d
31%
87a
4,00)
84%
23%
31
9
14.100
127'4
31%
22%
/
21«%
31%
50'%
18,300
43.800
23
23
31
307a
31 Va
31
31%
2.600
4274
42 %
43'%
28.800
43%
44 Va
16.900
44'%
45i%
9.203
18
Va
2.200
15.166
23
x22%
31
7.50
41%
42
417a
42
41%
42V%
42
44%
4434
44 Va
44%
43 %
44'%
437a
44'%
447a
44%
44'%
453%
18 Va
*18 1/8
18'%
81
*78%
81
*78%
31 Va
303%
31
30%
307a
17
167a
167s
167a
167a
1.500
4%
47a
4%
47a
4,903
1
44
20
17%
447a
177a
44 Va
44%
18%
18
*78%
81
81
18'/a
*78%
30 74
311/4
30%
30%
30%
1
2.50
16 34
167a
16%
163%
*16%
4%
4 3/4
ctfs
pfd
preferred—
Square D Co
,
*24
23'%
100
common.
93a
127%
Service Co—1
preferred
Inc
49'a
50 3%
247'a
420
No par
& Bros Inc
Corp
15,700
23%
*78 V2
tr
55'%
X207a
12%
8%
(Del)
Public
537<
123/4
20%
12 %
22'/a
preferred
Ohio
5,300
53%
21%
23Va
20 %
1
8.900
-
233a
23 Va
197a
com.4.50
Co
Gas
.
—1
Inc.—
Edison
Co
9'%
'
187a
83%
12%
74 3b
493%
*24
4.'%
55
18%
,
82'%
23%
37%
'
24 V4
600
1,000
82'%
84%
71%
53
8,803
49,900
55
,55
18
•
9
9
24 7.
24%
83'%
71%
4
T"'
50%
50'%
7
18'%
54%
18
847a
36%
54
.
4'%
4
4
54
531/a
24%
*14
14%
"143/8
55
-
23
10"% Feb
28 V4 Feb
.4
26'%,
31
94% Apr
20
14%
8378
No par
Spencer Chemical Co common
6
4.20%
preferred..
100
Spencer Kellogg & Sons
.
1
Sperry Rand Corp common
50c
4
92% Feb
,
-
53
56%
227a
Sparton
28
11,700
167a
69
Southern Railway common—No par
7
Jan
9,600
14
31
(A G)
10
337a
16%
3174
&
3,800
663 4
22%
Mobile
~9)
32
16%
50 Va
Spalding
97
84%
33%
34 Va
33 Va
%
14
2274
Southwestern
*82
67%
31 Va
10
31
84%
16 3%
5
29
*95%
32 Va
7,700
18,203
65
25
17
97%
313/4
187a
59 %
81%
13%
£
(The*
Jan
57%
*83
25.903
167a
10
G
California
non-cum
19
84 Va
*82
28.30)
143a
25
Sugar
Co
5%
-
6,600
%
643%
50
18 74 Jan
65
34%
34%
31% Apr
3
333/4
*33V2
81
Jan
83
35 Va
22
4% Mar 27
32
83
341/2
10
Jan
99
317a
34%
16 y4
69
57%
*83
6,800
21
97%
*97%
>
5,700
21%
1834
187a
56 V2
63
20%
x687a
55 %
19 Va
55 Va
34,000
9j
39 Va
x!6
16%
290
33%
.
39
70
19
'
33
*94
20%
21%
68 Va
99
35
Rico
Pacific
167a
20 Va
I 32
*34
South'n
16%
20%
68%
313/4
507a
preferred
Southern
10
39 31
*97%
497a
Platinum.:
&
Southern
3
467a Jan
E
Southern
3
38%
84%
Southern Indiana Gas & Elec.No par
29
18
38%
*83
17 %
preferred
Porto
,
84 %■
*46
8%
16% Mar 11
18
96% Dec
*83
25
South
26
17
6
55 %
50
.5
5%
13
78V2 Apr
40
24% Mar 20
-19 %
55
1
9% May
2
51 % Feb
7
95
20-34
65%
653/4
19
52%
__i
6
11
Dec
65
197a
5574
18 Va
Inc
Co
Co
18% Jan
25
17% Nov
65 %
55%
10
12
39% Jan
3334
203/8
157a
f
24
357s Jan
«
95
20
103
4
250
33
15%
—
Corp
64% May 10
32% Mar 27
*195 :
" 240
20%
20 Va
69 3
245
64'%
No par
Co„
32% Jan
33% Mar 28
*195
4
*232
337a
*93
157o
53 Va
Smith-Corona Inc..
Carolina
8.603
,
69 3
697a
238
167#
5
Dec
24% May 15
37%
17
Corp
Aircraft
20 V4
20
20%
20
*69%
*1374
No par
6
84
37
34%
1,800
17
No par
No par
Co—
67
1
2074
'%
21%
643%
_1
Corp of America
29
Nov 21
20%
84
24%
37%
207a
1 *82
14,100
207a
94
>
417a
96
33 Va
337a
94
103
40.%
235
240
♦195
33%
3278
-
6978
250
*238
240
*195
53
Corp
73
17
•69%
70
250
170
152
24:,a
*24
.20%
20
20%
;'
19 Va
—7.50
Sinclair
15
20
*69 %
*2^8
.
1
—
Co
20
29
24%
14,?00
69%
85
*149%
40%
40 Va
49%
20
4
Co
18% Jun
45
39%
157a
56
Simmonds Saw & Steel
40% Jan
1,10)
85
85
150
*24%
.2.50
G>__
Pen
2
35% Nov
3,300
10
687a
69 %
68%
85
37%
72
:>•
150
24%
333/4
643/4
-
69%
86
151
20%
1
Inc
Corp.—
O)
68%
86
15%
No par
—
8
12
30 3a
10
1674
Simmons
21
30'%
'
10,7a
63%
17
20
13.70)
17%
49% Jan
Dec
37'%
30%
f;i
10
*143
20
1
16 % Nov
Dec
300
36" a
65
Mar 25
33
-
3.50)
72.20)
37'%
88
39%
-96
20%
1
24% Jun
>7
5,000
-
49
%
48
1674
^
71/2 Mar
117a
—
49%
150
.3
Gas—.
46% Jun
24
ii'%
/
65
Signode Steel Strapping Co_^
20% July 31
53% Jan 16
;
■.
1
Co
11
Apr
2.420
96
3074
30 Ve
-
24 Va
240
33 Ye
*94
36
'6974
69
70
!'195
15c
No par
Co
(Frank
Oil
415'%
30
363/4
*
,
3974
2-.7
—1.40
25
Jan
10
♦14!)
20 V4
20
;——5
Inc
32% Apr
67 Ye May
6./00
487a
V
30%
10
40 Va
*69%
100
10
10
1
89
30'/4
10
247a
Ry Co—_100
12
12
30%
*83
87
155
3d Ye
1
50c
13
i
69%
\
*24
—100
5V
Sheraton
54% Feb
.
48
.5
Oil &
Mfg
a
,
1
&
(W A)
Oil
30 U
10
86
No par
com....No par
Co
Steel
47% .,48%
30 Va
36%
10
30^8
36 7a
"vV 4,7a
•
36a%
10
5
4,300
29
*93'%
.■2.
/
—^
100
29'%
29'%
408
11%
117a
117a
'
''
36 Va
48 Ye
30'%
—1
Sheller
741/4 Feb
,/
36
30
8
July 10
47 3/4
Power
49 % Sep
45
11%
40 Va
3,200
10,600
40
29:
.
30'%
297a
678
32 ',4
*39
96
*93'%
2)%
2,20 J
•
113'a
*393%
21% Apr
5
1178
117a
24% Mar 13
43
88
Jan
2974
40 3/8
17 Va Jan
55% Apr
26
90
297a
'
96
*93%
30
297a
96
30
4,90)
2,600
27
:
31%
./,
40
*38%
'
667a
2874
27
6%
32%
32'%
■
394%
3S3
3)3
11%
13
Feb
121/4 Apr
27% Feb
6
9% May
25% Feb
32
3)'/4
j,
Industries
Shamrock
66'%
28'%
•
.
7
6%
7Va
-
317 a
391%
40'%
Shell Transp & Tr—
New York shares ordinary
35% Mar 26
15% Jan
7
Corp
Shahmoon
2
56% Apr
7 Va
31 Ye
40
——-.1
preferred——
26% Jan
65'%
410
Seiberling Rubber Co
6
278
3
27a
3
3917-4
Servel Inc common.—
12
22% Mar 13
18% Nov 29
Oil
Roebuck
Feb
16
23,300
*93 %
34
49% Feb
27a
96
*93'%
34
$4.50
5.000
390 %
■v
IOC
—
84
17
19'%
393-/4
20
—
32
Sears
19
390 %
Axle Co.
common.
*82
Seagrave
193/8
30
(.25
Seaboard
26% Feb
19'%
297a
Seaboard Finance
4
-Vf
39
.100
4
13
280
19'/a
19'%
29%
preferred-
4
3
95%
29
preferred..—_i_—No par
preferred
.No par
17% Jan
7
95'%
30'%
1
70
36% Jan
97'%
29
common
12
23% Jun
£6
29%
——
Co
13
20
97
27a
7 Va
6 Ye
31 3/8
200
80 Va
287s
Corp
54% Feb
28
1
66'%
*38 %
1,100
.
97
30%
Corp.—
16% Feb
Mar 12
*33
preferred—l—100
26
Dec
Vi-i-
28%
A
29
15
97
30 V4
Co
197/a Feb
28% Dec
*80 Ve
12,700
80'%
28%
common)..
70% Nov
Jan
75
*80'%
fr
Ry
Paper
3.65%
*65
80%
800
/•
791/2
80
96'%
75
307a
—
52% Oct
39% Jan
80
97
•
*65
29
—
16% Nov 21
23% Nov
80
Seaboard Air Line RR Co——'—20
Jan
Dec
35
13
57%
56% 757'%
v
75
30%
Scovill Mfg Co common.
May
78
63
57
3
$3.40
33% Jan
7
75
1
567a
2%
—.25
Corp
Arms
Scott
40% Apr
26
56%
*65
75
19'/4
Schick Inc
105% Apr
27
57'/a
28%
Schenley Industries
62% Mar 13
21
3% Dec
563%
*65
75
5
Co
noncum
70
12
12% Jun
57%
80
Regis Paper Co common....—5
19% Apr 23
Dec
43 % Nov
45'%
El Corp— .No par
&
Southwestern
Louis
30
33% Dec
13
45'/a
66 %
•
F
12
19
25
45%
267a
(Jacob)
13
Jan
*45 Va
*95%
Electric Steel Co...
Dutch Pet Co__—20 Guilders
Anr
77% Dec
90
45'%
10
55
Jan
95
45'%
3
pfd 4.40% series A
San Diego Gas & Electric Co
Sangamo Electric Co...
21% Mar 22
75% Mar
45%
9%
28
Corp
16 % Feb
44% Feb
45%
20
1st
.Ton
16
L
5%
St
18% Feb
16
45%
26'%
Preferred series
2
48% Jan
9
Oct
18
22% Mar
May 28
43%
69
•».
6
93
23,700
Uol
St
15
195
7
Feb
597a
657a
St Joseph Light &
11
Jan
17
Sep
60% July 31
105
/
—5
St
26% Jan
74% Feb
Apr
32% Apr
215
59
preferred.————10
4.30 Vr
conv preferred————100
St Joseph Lead Co—__—
—..10
24% Apr 25
247
235
9,400
59%
27'%
Gas
8,800
9%
583%
% 9% 77
-
4'/r
22
13
5
9
12
18
2
Mar 28
67% Apr
2
Aug
311
Dec
18% Jan
14
Feb
7
40% Feb
93
Feb
24Va
97a
5874
9%
27 Va
Safeway Stores
Mar 22
247a
93%
57Va
V
66%
12
93
247a
9%
26 %
60% Feb
2
24'%
24%
24'%
6.90)
57%
27
Ruppert
Jan
35
9%
27a
Royal McBee Corp..
Ruberoid Co (The).——,—
|
53%
34%
26%
17
81
53i%
34%
27'%
v"
Nov
80
54
341%
26 3%
23
70"% Apr 12
53 %
34%
65 %
s
50% Feb
24%
5374
25%
107a Apr
-
700
30,000
25%
34%
2674
303% Apr
2
58,000
67
4
o
7,400
8'/a
127a
263%
26
F
23
263%
7 Ye
*127a
56%
19%
—_!e—
'
53'%
i
100
7C0
'
8
253/a
Copper
59
13
267a
66 3/a
8% Mar
30% Jan
July 16
27% Feb
13
253/a
Haas
Ronson
*53%
7%
25%
7%
7%
v-
*12'/a
200
*12%
26'%
26
7%
12%
■
59 '
*53'/a
-
263%
Aircraft
Rohr
11
11
26%
'
5)
7
5
preierred
conv
&
28'%
28'%
*58'/a
59
1
preferred series A—
4%
17% Jan
10
May 28
34
27
31% Dec
21% May 28
12
13
Feb
93 % Mar 13
28% X
*28
.No par
Rockwell Spring &
17
31'% Apr
25% Feb
351
2
16
281,4
*14%
——10
Antelope
5%%
14%
28'%
15
Corp
Paper
Rochester
•147a
24
7'/a
-
147a
28%
-
9%
31-78
1
*14%
41
*39
57%
7
5
14%
24
31
297a Mar
*5%
;
;
9%
Mines.—.
39'% May
5%
41
.
57 %
Robertsnaw-rulton Controls com—1
T
534
53%
Roan
15
57a
34%
8
Ion
1,900
•5%
53 %
2
27% Feb
oi
12
2
37% Apr 26
Apr
2,900
9%
34%
*
3
May
24%
93/a
54
7'/a Apr
ah
24%
9%
35
32% May
21
oali
25'%
9'/ 8
*39
Corp.——
Oil
Richfield
24%
9%
—5s
Trust.
Selection
25%
9 Ve
20
Co
Manufacturing
Rhodesian
100
300
34%
> 34'/a
*25'%
;
7%
Ritter Company.—
27
2
6% Feb
2O7»
Rheem
18
33%
39
*
34
23%
100
21'% Jan
333%
*38
41
34%
100
series.—
20
38%
57
4.50%
11
33'%
38%'
34
12%
13
*65
3.60%
2% Feb
33'%
38Va VV..
•39
531/4
10
Preferred
17% Feb
19%
33%
,
2,60)
2,100
,
5%
26%
7%
7 %
—
Preferred
4
19 Va
♦38
26
*58%
26%
26%
——50
pfd series A
Reynolds (R J) Tob class B.
15
'
common
pfd 3%%
4%%.
2
6
Co
Mfg
33%
28%
59
92% Jan
Apr~13
14%
28 %
11
84% Apr
5
42% Aug 15
Corp——„
Stores
26%
14'% ; 14%
19'% * 19%
33 %
'
19%
19
V
'•
'77,
'
*58%
82'% Jan 22
99
Inc
*28
2
Jan
Bros
Drug Co.————.2.50
Reynolds Metals Co common...i.l
58% Mar 19
70
362% Dec
40)
38%
Rexall
2
49
,
28,400
♦38
46% Mar 29
35
19%
33 Va
*38
Republic Aviation Corp
25
59% Jan
25% Dec
10
19'%"
33%
*33%
Republic Pictures common
12
11% Mar
42% Feb
25
3,300
$1 convertible preferred-——-10
Republic Steel Corp
!
10
Revere Copper & Brass————5
Revlon Inc_————-i.-1
10
5% Jan
27% Dec
13,900
147a
38 %
1
3
16
28% Jun
26 %
14 Va
Co
Conv
8% Jan
28%
26
Reliance
Mar 29
64% Apr
23% Jan
26
14'%
Reliable
8
43% Jan
26
26%
14'/a
$1.25
18
29
800
26
83%
Reeves
28% July 19
21% Jun
56%
*55
19%
6% Feb 28
3
18% Jun
56%
Reed
18% Jan
29
56 %
Real Silk Hosiery Mills
15% Jan
23
'56%-
8
26
31% Nov
56% "
12
14% Apr
66% Jan
55%
12
18% Mar 14
37 % Mar
56
12% Jan
10% Mar 14
91
55%
31% Jan
27
57% May
56
41% Apr
27
Aug
17%
19%
Reis
27
71 Va
177a
2
•
Jan
Nov
71
177a
6
Feb
24% May
Nov
Jan
71
17%
33%
4%
6
5
70 Va
177a
36%
common—,.——50
noncum 1st preierred
—50
noncum 2nd preferred——50
2
15
61
71
177a
Reading
Jan
5% Apr
30% Apr
36/
70%
17%
8% Mar 26
11
5
Jan
15
11% Dec 26
38
31
40
4
20% Jan
Dec
30% Apr
33% Jan
357a
71
17%
la %
36
21.000
36%
*70%
37
26%
20
36
3574
70%
17-/#
14%
4%
357i
35%
2^0
1
17%
20 %
10
28%
70%
14%
Jan
134,2
28%
36%
26%
39
134%
23
37%
—r—5
—
No par
—
14
Mar 25
ifO
28
37%
28,4
26 %
'
37%
1j5
28%
Rayonier Inc-—»--l
Ray-O-Vap Co.—
—2.50
Raytheon Mfg Co———————5
11
4,603
37 %
-u
ljO
28%
28 %'
28-/8
'1 j-4%
.3
America com—No par
Raybestos-Manhattan
Mar 22
53% Jan
28% Nov
28
lJSt
1st preierred—___—No par
$3.50
Ranco Inc—
17
18% Jan
Mar 22
17
Jan
134%
37%
37%
37%
36%
37
136%
*13o
%
Radio Corp of
24
27
70% Nov
36%
Oats Co (The; common—5
preierred
—100
Quaker State oil Reiining Corp—10
Quaker
37% May
2
Jan
131
153
25
2
No par
5
*
*63
46%
47a
47a
70
63
63
48
471%
477a
47a
47a
*63
.
46%
18
81
70
*63
70
63
63
4734
46'/a
47%
47%
477a
93
93
93
93
43
4.000
60
*923/4
941%
923%
92 3%
*923%
94%
17%
17%
17'%
17%
17i%
17'%
17'%
17%
17%
17'%
4.500
23'%
23Va
227a
23%
23
237a
57,200
23%
23%
2378
237a
94%
95 Va
95
96%
12'/a
123A
12
121/8
*70
28%
*70
71
29 3
:
287a
71
297a
*96
117a
*70
29 Va
97
*96
97
117a
117s
71
70
70
2974
293%
30%
12
96%
96'/a
100
117a
117a
5,700
•70
1
297a
20
9.400
Number 5635
Volume 185
.,.
The Commercial and Financial Chronicle
(2117)
NEW YORK STOCK,EXCHANGE STOCK RECORD
Range for Previous
STOCKS
Year 1956
Lowest
36% Oct
2
77% Ncv
30
91% Jan
6 % Dec
28
12% Jan
9% Jan
3
43% Nov
44% May 14
;
29
48% Jan
31
•50
65
88% Dec
3
Standard
82% Feb
13
$3.50
6% Jan
9% Jan
11
Standard
Coil
2
.Standard
Gas
&
4
43 % Feb
12% May
54 3/4.
Brands
Ohio
common___10
83
Apr
30
Starrett Co
51% Jan
81
Aug 15
75
Apr:
15
Jan
25
31% Nov
7
30% Oct
:
61
18
13
:
Jan
Feb
26
;
Mar
r
Ry Equip
•Sterchi
2
Bros
15
283/4 May
Feb
25
23% Jan
11
Stevens
13
41% Apr
23
39 % Apr
3
31% Feb
31
21% Jan
4
17
Jan
2
11
22% Aug
8
17% Feb
26
17% Nov
27
Feb
18
Baer;&
Fuller
20% Jan 26
17% Mar 26
18% Mar
36
45% Apr
24
Stone
29'A Apr
24
Storer
8% Apr
11
Feb
12
25.% Jan
3
■t
6% Feb
31
12
7
5%
5
110,700
57%
57'/a
57'%
58%
58'%
59
59?%
58%
60%
60
60%
24,700
92'%
*91
92%
77
10
72
•
93 i
*91
*91
93
163/4
15%
15%
83 :
77%
73
733/4
74
20%
41'%
xl5%
-
9
5% Oct
19
32
Feb
8
13% May 28
89
v
29% Aug 24 '
78
74%
10% Feb
29
46
50
Aug
6
15% Mar 15
Dec
28
70% Jan
31
82
22% Jan
23
Feb
12
13% Mar
52
7
May
Studebaker-Packard
Sunbeam
2
16 3/8 Jan
28%
41
13 %
28%
20%
403%
41
(
17%
17%
17%
,
17%
17%
r
18%
17"%
18%
17%
18'%
18%
*'
18'%
43%
44%
18'%
*173%
44 %
45 '
;
18%
18%
45%
28'%
28'%
27'%
28%
*
7%
50%
50%
15'%
15'%
14
89
89
80% May
3
Sun
12
27% Jan
4
Sunray-Mid-Cont Oil Co common
6
22% Jan
2
243/4 Apr
Feb
6
33% Apr
8
383/4 Jan
18
78
Mar 22
66% Feb
13
26
Nov
9
Jun
25
$4.50 series A preferred-.
11
39
10% Mar
2
Dec
1,300
6% Mar
4
30 % Apr
8
1,210
Jan
21% Feb
11
35% Feb
12
22 % Jan
'V
"
7% Jan
1,730
2
3
Co——1—
4'%%
13'/a
13'A
*13
t
28'%
20%
40%
45
.
/
Biscuits
,
27% Jan
2
'Superior
39% Mar
6
21
July
27% Feb
21
27% Jan
29
38
Dec
13
50% July 26
34% Mar 22
42% Jan
10
42
Feb
9
55% May 10
39% Feb
11
46i/4 Jan
Dec
26
99
Jan
16
88
May
1
9
May 7
12% Dec 14
82
8% Feb
11% Jan
2
14
Apr*
9
May 28
21% Nov 26
18% Feb
6
20
Apr
24
Talcott
6% Feb
19
83/4 Jan
11
TelAutograph Corp
14% Mar 26
183/a Jan
31
Temco
6% Dec
31
,8
fr?b
14
•
7
15% May
4
18 % Dec
12
Dec
13
Feb
12
53% Ncv 29
69% May
7
54% Feb
12
37% Oct
51
4
32
45
v
_■
31
62
Apr
50
Feb
28% Dec
5
38% Mar 26
28% Apr
5
11% Jan
27
18% Dec
28
15% Feb
12
16
30% Dec
14
26 % Mar
1
9
11
5
6% Dec 21
Jan
23
34% Feb
10
20% Oct
1
150
10% Jan
9
182% May
9
33% Apr
7% Jan
2
147
May
38% Jan
42% July 27
29% Apr
16
3
10
9
S'ylvania
'13% July 31
11% Apr
8
25
12% Feb
11% Jun
10% Jan
44
•
20
23
July 23
10% Dec
19
14% Apr
11%
4
Jan
May
14
Jan
26
10% Jan
2
11% Mar
69% Feb
80
Nov
1
19
104
Feb
13
33
Jan
23
——'
Apr
5
Inc
22
26
Feb
27
$1.20
102% Apr
16
Timken
4%
24% Apr 26
14
87% Feb
12
13% Jan
4
13% Mar 20
Toledo
t0'/4 Feb
5
50% Apr
22
Trane Co
35% Feb
12
41% Apr
20% Jan
24
24
15
24% Feb
12
35
Apr
28% July 23
26% Feb
11
31
May
52% Jan
2
57
Jan
Nov
29
59
25
Jan
10
33% Nov
19
25% Mar 12
52
% Apr
17
64
Dec
26
54
July 27
Apr
2
61
27%*eb
25
62 Vi Mar 13
51% Feb
26
61 % May
29% Apr
12
22 % Feb
8
1
36% Mar 12
May
27% Apr
15% Apr
27
18
Jun
11
16% Feb
27
17
Jan
46
Apr
25
52
Jun
7
47
23
50
8
Dec
6
34% Jan 18
7
25% Oct 25
13% Feb
9
20% Nov
15
5% Nov
15
31% Feb
10
108% Jan
21
26
Nov
25% Dec
29
35% Jun
18
1
1
30
14
Apr
3
16
Apr 29
83% Apr
353% Jan
118'% May
Underwood
74
Apr
16
79
% Jan
Apr
25
89
Jan
22
2
12
61
Jan
3
1
11
Oct
1
Apr
313% Jan
8
Oil
Pacific
Union
RR
Co
29
Union
Tank
Car
1
33
Mar 14
Union
Twist
152
Jan
14
4%
convertible
115
Jan
2
4%
(ser of
17
27% Apr
32% Apr
20
26% Feb
12
24
uo
Jan
23
Feb
1
90'% Jan
2
United
Air
United
Biscuit
Apr
4% Jan
2
7,600
*12
121/4
12%
12'%
8
22%
29%
.100
10
United
13% Feb
15% Jan
9
United
1% Feb
United
181
Feb
1
156
29
14% Feb
12
17% Apr
22
43% Jan
7
44% Jan
16
15
Nov
14
22% July 19
44% July 20
19% Mar 22
42
Nov
15
49% Mar 16
For
footnotes see.page 26.
8
.
Jan
% May
7
1
Mar 19
17% Jan
7
Jan
7
36
76
106
*130
28%
8%
5%
U S
107
140
29%
28%
73s
63%
29%
29%-
*29
15%
15%
xl5
46%
10
Inc
.13%
1
i
1
Park City Mines Co (The)—1
100
preferred
class A
Mach
47
36%
36%
5%
14
1%
473/g
36%
36%
36%
36%
5%
14
5%
14%
1%
20
*87%
89%
*87%
89%
20
59
59%
583/4
60%
22,800
29%
29%
29'%
30%
30%
303/4
94,100
8'%
58'%
1%
*30 %
31%
*30%
1
15%
16%
15%
50
*44%
preferred series A
9
8%
8%
50
46
'
*44%
*98% 101
23%
23%
63%
„
64
46
46
46
4%
4%
*77%
7%
78%
6%
7%
6%
29%
29%
29%
15%
14%
15
47%
36%
36%
53/4
14'/a
46%
36%
36
5%
13 %
1%
1%
33% 33%
25
25%
53% 54
*159% 162%
33%
34
25
25
54
54%'
*159% 162%
common__82%c
preference
Industries Inc common
4%%
64%
1
1
No par
:
Improvement Co
Industrial Corp__^
*77%
101
23%
5
Cos
Engineering & Foundry
Hoffman
76
360
85
*74
88%
59%
88%
.
75%
76'%
106
106
*130
140
28%
29'%
28'%
28%
*98'% 101
23%
24
633%
64%
77
5
(Del)
& Foreign Securities
1
Freight Co
——No par
Gypsum Co common.
4
U S
*78
76
8%
8%
8%
8%
9,700
6,600
11
4
85
10,400
6% Jan
3
75%
75%
2
11
7%
♦78
74%
Gas
24
17,700
95
75%
Gas
Jan
1,100
28'A
94%
74%
Fruit Co
S
22%
28%
95
74'%
75%
106
106
*125
140
29
29%
283%
28%
United
U
22%
29
94%
3,200
United
11
223/8
28%
31
United
58% Jan
22%
32%
9
16
1,800
30%
19
27
57%
29%
95
85
76
13,300
32%
25
Dec
87%
57'%
28%
94%
*78
*74
8,000
3/a
8%
31
38'% Feb
15% Dec
85
76
29
16
28
8%
323/4
37% Apr
35
95
87%
115
*22
.
15%'
30%
47% Jan
162
115%
22%
29'%
94%
943%
*78
85
*74
76
*87
89
57%
58%
28%
293%
8%
8%
29
9,800
60,600
*32 Va
5
51
110
9%
273/4
26%
■'
8%'
48%
32'%
2
Dec
115
22%
115%
223%
29'%
"
8%
8%
30%
14
155
*74
8%
303/a
48%
27
32%
Mar
% Apr
94%
*78
,
51
22%
Feb
2
4,500
32'%
36
Aug
167/«
323/4
32
77
600
26.000
27
32%
44% Jan
52 % Nov 29
59%
5
—
United
S
*16%
30%
11
S
26%
16%
14,800
30%
16% Jan
U
*57%
27
16%
32
303/4
12
U
59%
26'%
3,600
27
57
31
13% Feb
8
31%
8%
16% Aug 20
2
*59
263/8
*52
33%
30%
8
14
56
10
13% Jun
1% Jan
27
31%
115%
22%
29%
114
10
Electric
28% Jan
27
*52
400
1,400
6,700
United
36% Jan
54%
18,300
11
2
54%
30%
35% Jan
13
54%
118'%
8
13
54%
3,800
24,300
30%
28% Apr
Feb
31
1163%
18
33
34%
30%
31%
303/8
7%
6%
23"% Jan
*33%
31
116%
36% Dec
9
33%
303%
2,700
19,500
30%
17
3% Mar 26
33
•
115%
8'%
30'%
78 %
28% Oct 24
15%
397%
1
7%
6%
39% May
40%
15%
'8%
Jan
31
49
40
15%
8'%
21
1% Dec
49
40%
15%
303%
j—5
27
8%'.
8%
8'%
*77 %
28% Jan 23
20% Aug 9
49%
40'%
16
Dye & Chemical Corp com
29
48%
1,800
27%
United
19% Feb
4,600
8 %
United
Mfrs
4,100
13%
157/a
9
&
993/4
13%
26%
24
Merch
24%
99%
133/4
16
273%
21
12
24%
993%
153/4
Jan
14% Dec
27%
16%
24%
99'%
26%
93% Jan
5% Apr
34
61%
24%
13%
16
26%
8%
4%
Corp
.1
26%
16%
*47%
16,200
10,400
153/4
263/a
8%
30%
—No par
—25
Co
Coal
60
82%
96
39%"
163/8
United
Corp
32%
33 .
59%
27%
16%
49'%
43/4
11
27%
57
383/4
15%
26%
7% Apr
6
32
59%
263%
16%
*47%
4%
78 %
7%
6%
5 Vi Jan
26%
*54
56
303%
54
81%
*92
9%
2
Fastener
30%
54
27
4%
United-Carr
*33
82%
96
393/a
20
11%
27%
48
,—10
America
Carton
&
15'%
*11
8 3%
11
7% Jan
26'%
m%
403%
13%
483/4
40%
15'%
34
82
39
11%
26'/a
6% Feb
5% Nov 20
263%
58
163%
99%
■" 13'%
48 3%
54'%
*53
113%
83 3%
96
383%
24%
993%
*11
*95
100
*48 %
5
.
54%
32'%
58
24%
24%
100
13%
483%1 49%
40%
40%
15%
15%
33%
33%
30%
30%
56
26
38
99%
13%
34
31%
*11
82 %
*95
*24%
..
49%
50
8%
3
5
243%
49%
26'%
4
Mar
243%
893% 100%
13%
13%
49%
49%
49% "
<•
26
Jan
Aug 14
37%
>49
2,600
26
Jan
..
373%
14'
25'%
May
55
383%
14
-
25%
7
35
38
14%
49%
*49
11%
84%
96
T14-%
14%
\
48
8%
23
41 % July 30
*11
83 3%
*95
84'%
*95
450
123%
7%
14
12
50
;/ fi4
•
*113%
'
25%
20
23
,
1
23
35 % Jan
.
1
Dec
28% May 11
*49
;i5o
14%
ll3/8
85%
96
*11
No par
50
6
43% Dec
*14%
14 %
Cig-Whelan Stores com__30c
$3.50 convertible preferred
—100
25
79
*49
1
6% Jun
77% Apr 23
6 3% Jan 11
12%
*45%
Apr
46
14%
50
73 % Jan
82
*ll3/4
453%
62
.3
9,900
*11%
453/4
41% Dec
4% Jan
143%
1,400
(Del)—No par
Carbon
9
14'%-
21%
*23
63%
Board
United
■
143%
52
No par
United
69 3% Jan
4% Feb
14'%
18 3%
Corp——10
25% Mar 13
11
5
14 %
52
28%
28
39% Mar
5,700
14 %
21%
*98%
58% Feb
Mar 21
49'/a
183%
No par
19% Jan
27
:•
48%
523%
—No par
9
28% Apr
700
148
49%
—No par
Inc
of
73/4
147
49%
18%
No par
$4,50 preferred
15
7%
152
*148
22
preferred
Lines
4
29% Mar 14
43% Jan
100.
71 % Mar 26
14
*73%
•
48%
183/8
1?56) conv pfd—100
48% Jan .20
20% Dec
73/4
152
48-%
52
Aircraft Corp common.:—5
United
3
44% Dec
*148
21%
Corp.—6%
Co_T
24
107
148
51%
preferred
non-cum
Apr
7
73/4
7%
.
21%
1
Drill Co—
4"!e
4
May
20
2,900
148
18%
common—10
Apr
9'% Mar
131
23
7%
*7%
7%
148
51
No par
31
105
Dec
15,000
1
No par
;
8
18
Nov
373%
18'/a
No par
6
18
93
37
20%
25
California-
of
Dec
26
37%
50
.
$4sex,ies.r
'Preferred
Union
121% Dec
35% Jan
363%
18%
serie^—No par
2
72% Mar 11
37%
20%
Materials Corp
166
17
357/8
50
common—,
61% May 25
113% Jan 23
1
3 6 3/4
183/a
No par
5
Corp.
103% Oct 10
96% Dec
1,700
35%
,7
20%
—*
8'/4 Jan
29% Apr
17,200
37%
50%
common
26 % Apr
30
56,800
36%
18 %
10
273/4 Feb
9
10% May 10
36
28%
24
36'%
20%
100
Preferred $3.50 series
2
86
Oct
28%
23 %
36%
18%
—50
Preferred $4.50 series
513/a Feb
;
29%
24%
36
20%
common—5
3
5
8% Dec
28%
23%
36'/a
*493/4
1
Bag-Camp Paper
Carbide Corp
15
4,100
36,800
24%
14%
(conv)
Preferred $3.70
12X700-
29%
13%
—
24
44%
36 %
7%
—2
21
55%
69 %
43
29
14%
Inc
Jan
55%
683%
44%
233/4
14
-
100% Jan
56
693%
43'%
23%
48%
Asbestos & Rubber Co
Feb
29
55%
683/4
,
36%
48'/a
.
&
7,600
29%
48 %
(The)—4.
Co
2,100
23%
47%
;
(The)—"—
Udylite Corp
900
6%
15
No par
Co
Corp
20
63%
14%
No par
Union
Jan
28
Oil
20
6%
15'%
*36%
143
100
Film
Twin City Rap Transit com
5'h conv prior preferred
Coach
20
63/4
:
37
———15
Corp
6,700
23%
—50c
Airlines
270
13
19%
,
683/4
45%
88
12%
363/4
No par
Century Fox
Elec
65% Apr
39% May
.29
67 3/a
413%
•
87%
13
22 %
ex-distribution—.1
Union
91
10
900
100
25
»
Union
104
Jan
2,500
36
10
11
20
52
29 '/0
Oil
11
83% Nov 30
78
28 3/4
1
common
common.
Chem
82
;
89%
14%
56
67
45%
Tung-Sol Electric Co common
4.30% conv preferred 1954 ser
Union
11
54%
54
66%
44%
263%
Union
23
54
67%
47
263%
20th
1,290
23%
373/8
123/4
63/4
44%
/
*88
15%
66%
*52'%
29'% Mar 19
941/4 Apr
803/4 Jan
553/4
63/4
15'/a
25
1
243% Mar 25
9
54%
63/4
15 3/a
3%
50
9
11
19%
6%
15
No par
series A
Preferred
12
Jan
19%
53%
12
Jan
20
50
20% Feb
93
19%
6%
2.50
$2.70 preferred —
Truax-Traer Coal Co
26% Jan
112
20
30%
54%
100% Feb
13
*19%
*33'%
30%
2
27
123%
(The)—
17
81 % Oct
83
12 3%
preferred
No par
Mfg Co common—.5
World
Jan
92% Dec
88
12%
15%
preferred
Roller Bearing
Co (The)
28% Apr
133% July 17
89%
12%
1
TXL
16%
5% Jan
25%
87'%
Tri-Continental Corp common
18
30% Mar 11
30
*24%
Transue & Williams Steel.——No par
303/4 Jan
12
8
373/8
25
1715
23%
37
153%
Twin
12
23
24
37
403%
2
13 3% Feb
Apr
233/4
37%
15%
10
•23% Feb
8
23%
37%
40%
Jan
Mar 27
47% May
233%
38
2
10% Jan
16% Mar 19
44
30
Nov
Mar 15
25% Apr
15
5
;
Apr
24%
38
—5
9
Jan
49% Nov 21
30
29
31% Jan
21% Jan
Oct
2
16
34
27
I
24
6%
Edison
Trans
7'/4
1695
383%
14%
Co
Transamerica
4
73/a,
:L720
24%
12%
Tidewater Oil common^.
13
52
*7%
1690
38'%
87%
Co-
&
(J R)
Mar 29
% Oct
7%
1730
1685
2
preferred
28% Feb
30
.
—1
Inc
Coal
Co
102% Dec
9
7%
7%
1685
24%
5
——1
—
5
31
1620
12%
__—
—
27
Jan
7,000
7%
7%
1640
1
common
17
24% Feb
1,700
7%
7%
1585
preferred series A—25
13% Dec
20
1,200
2,600
72%
...
—
Thompson Products Inc
393/4 Apr
3
3/8
35%
71%
Pacific. Ry Co
Thompson
15
15% May
24
34%
71%
$2.50 convertible preferred
32% Feb
7
24%
35
71 S/8
—
Thermoid
47% Mar 26
30
24%
35
71.3%
Corp.^
Corp
Fair
17
28% Mar 21
24%
35
713%
»
$2.40 conv preference—^
18
45% Apr
24%
35
72
No par
;
(James)
conv
95% Apr
51% Nov
24'%
35%
*88
23 % Nov
1
24%
35'%
>71
733%
10,100
62% Feb
16% Nov 29
24'%
73
423/4
Sub share ctfs
87% Apr
34% Oct
24%
*35%
Pacific Land Trust—
7
43% Nov 27
34.900
42%
conv
12
15
6,400
26%
42'/a /' 43%
Inc
Jan
90
80%
265/8
44'/a
Pacific
12
53
23
79%
27%
43
Aircraft
$1.25
12
44% Jan 25
Dec
80
26%
Thatcher Glass
15% Apr
Mar 28
48% Jan
78%
;
51
86
79%
263%
44%
Texas
The
20
79%
26%
44
preferred
4.48%
Jan
22
3,800
14,500
44%
Tennessee
52% May
92
443%
Textron
21
*89
£2
14
7.50
21 »/2 Jan
28
29
17% Jan 21
24,000
513A
14
\
8,700
&
473% Jan
*89
7%
7 %
51
'•
14%,
35%
Utilities
54% July 10
52
355/8
Texas
16
22% July 10
92
7%
.
2,100
36%.
Texas
29% Apr
14
200
11,000
35%
49% May
20
7%
51'/a
.
26'/a
447/a
263/4
44%
.
27'%?-
80
26%
4.16%
Sulphur
28
7%
15'%
27
*24%
Instruments
15% Feb
.45%".-:
511/2
:
18 '/4
36'/a
Gulf
47% Aug 21
44%
J
*17 3/a
.
25'%
Texas
20% Dec
173/4,
353%
Texas
13% Apr
18% Apr
16
173/4
8,300
•
*24'%
10
4
3,200
41
36
11
Jan
1,800
19
■
■
35 =
Symington Gould Corp
8% Mar 15
17%
183/4
*24%
Jan
160
17%
19%'
37
Producing
3
41
17%
25
Gulf
39'/4 Jan
41%,
183/4
353%
Texas
45% May 17
8,800
25
Co
9
23,300
20 'A
25
Texas
Apr
200
28%
20'/a
«
Texas
33
"13%
28%
80
10c
(The)
2
38
*13%
17%
•
13%
28%
26%
-25
50
Co——
20
47% Apr
5,000
Elec Prod Inc com-.
&
$4
5,700
26'%
24%
353%
;
'Sweets Co of America
Swift
74
20%
273/4
15
*89
3,800
73V4
,
80
Co
Paper
24% Apr
5
25% Jan
33% Oct
60'A Jan
693/4 May
-
Sutherland
,
76%
41
*:
r
7%
503%
v
76 %
74%
27 %
1
27,800
16
76
•
26'%
12.50
Inc
.« 2
52% Mar 16
7%
16%
15%
(
79%
Oil of California
Steel Corp-—
,
Superior
.
38,900
1
Sunshine Mining Co..
1
May
,
78,800
20%
203%
*173%
163/4
54%
*13
28%
.
28%
•
28%
»
v
___1
30
preferred series A
2nd pfd series of '55
5'%%
Sunshine
Mar 20
74
Oil
35% Nov 29
12% Jun
No par '
13
26% Jan
18
90
22% Feb
7
-
90
72% Feb
19
81
No par
27
Nov
28
9
15%
30% July 31
Dec
21%
•
73%
503%
15%
93
6% Dec
;
7'%
493%
1
16
34% Nov
940
1
__1
88% Jan
22% Nov
66
—
common—
7
101% Jun
Feb
1
•——
Corp
Corp
Sun Chemical Corp
17
74
17%
.
——No par
•
76
20%
13 %
„
5
Broadcasting Co
16
'
16%
15%
28
■
15
52%
•
16%
;
20%
40'%
_——1
93
*91
:
16%
16
80
,
'
22 % Feb
r
16%
16%
72%
13%
Co_—5
Webster
&
61 %
72
Inc common—1
prior preference—..:.
.20
37% Dec
j
55
60%
16'/a
Camp
Stix
543/4
62
52
17'/a
(J P) & Co Inc_
Stokely-Van
31
55%
61%
*91
Sterling Drug Inc new__i._;_____^_5
4
193/4 Jan
.
54
61 %
16
Stewart-Warner Corp__^_;
1
16% Dec
543/8
603/a
16%
Inc__.
25% Feb
17% Dec
533/4
60%
5
Co—-
Stores
54%
____1
i_
20
2
53 %
53%
593/4
52%
No par
Corp—
(The) LS._
Chemical
%
54'%
60%
56
100
Mfg Co
Warner
5,100
54
L2%
7
series A___
preferred
Stauffer
8
13% Jan
,
33/4%
Standard
3,500
123/4
59%
6.25
25
27% Mar 12
31% May 28
54%;
of
3
28
54
Oil
62 % Jan
28
34
Standard
4
14
33%
California-
90
8
12%
60% May
65% Dec
13 % Dec
12%
12
43% Jan 23
25% Nov
12%
47% Feb
Stanley
20% Sep
12%
Jersey
14
19
12%
Indiana
6,100
80
12%
New
•
41%
12%
of
94
*79
12%
of
173/a Jan
41
79
12'%
of
17% Jan
41
79
10c
Co
Oil
2
40%
79
7'/a
Oil
2
40%
79
7%
Oil
18
40%
79
7%
Standard
14% Jan
403/8
79
7%
Standard
14% Jan
40%
80%
7%
May
.87% Jan
Shares
40%
39%
*80
7%
62
3
the Week
May 3
73/4
62% Jan
2.
Friday
May 2
7%
12
Standard
Thursday
May 1
7%
50% Mar 26
May
Sales for
Wednesday
Apr. 30
Inc_!__l
53% Feb
Aug 14
17% Jan
21
Electric
PRICES
Tuesday
Apr. 20
No par
Co
HIGH SALE
Monday
com___No par
preferred
15% Aug
28
12% May 29
-13% Nov
Inc
"
Par
Products
11% Jan
62% Apr
9
55% May 15.
100 % Mar 23
May 28
41% May
22
58% May
23
'/a Jan
49
37% Jan
6,
-
EXCHANGE
v
77% Jan
.
26
Oct
12
LOW AND
NEW YORK STOCK
Range Since Jan. 1
Highest
Lowest
Highest
87/8
32
15%
46
33%
25
54%
107
105
106
140
*125
1,400
140
29%
28 %
*98'/a
24
64
*45%
29%
28%
29%
28%
2934
28%
14,200
1,600
101
*98%
101
24
♦233/4
24
1,500
65%
3,600
64%
56
64 %
*45%
46
43/4
4%
43/4
43/4
*77 %
78%
*77%
1,300
78%
7'%
6%
29
7%
6%
29%
7%
6%
29
5,800
7%
33,100
7%
38,200
29%
900
5,700
14%
15%
14%
14%
47
46'%
47
46'/a
47
17,200
36%
36%
5%
14 %
1%
24
36'%
36 3/4
36
36%
30,400
36%
36%
363/4
363/4
53/4
53/4
5%
5%
4,400
133%
133/4
13 %
13%
30,200
1%
1%
1%
1%
7,700
333/4
34 %
34%
34%
13,200
25
25
24%
25
2,000
55
55%
54'/a
55%
7,500
*160
162'/a
25%
55%
*159% 162
8%
8%
30%
30%
15%
15%
*44%
106
*125
46
8%
*29
153%
*443%
8%
31
15%
46
*160
8%
*29
15%
*443/4
3,400
162 %
8%
47,300
31
15%
46
20,900
25
26
The Commercial
(2118)
and Financial Chronicle...
NEW YORK STOCK EXCHANCE STOCK RECORD
'
«
fr
Range for
# »■
,n
11
8'/a Jun
15
23 Ye Jan
11
tiiya Dec 28
32 % Nov 29
81 y4 Dec
31
Dec
26
92
<
; 42% Nov 29
142'/a Dec
26
17% Dec
17
56
Jan
4
58
Dec
28
51% Jan
143
17
23
Nov 30
Dec
28
33 % Dec
7
12% Jun
27
7% Dec
17
82
Dec
27
6
Dec
31
13% Dec 26
8% Feb
11
8% Jan
7
12
27 % Jan
4
U
Jan
6
63
Jan
2
67% May
3
U
Monday
30% M r
51% July 18
90% Mar
Jan
17
17% Feb
10
19% Sep
71% Sep
Mar
52
9
73% Dec 31
Jan 20
169
19% Jan
16
10
Feb
38
14 y8 Apr 23
10% Jan
9
39% Feb
145
U
87
Mar 4
93% Mar 29
4
49% Jan
90% Mar 27
27
2
67% Mar 14
170
Feb
1
69
,
4
35% Jan
1
84% Mar 13
2
July 18
128
Jan
156
U
24
12
21% Apr
18
U S
64'/a Jan
11
U
57% Jan
2
57% Mar 25
61% Jan
24
*8%
8%
*8%
23
22%
23%
23%
24%
10
'-66%
67
66
66 %
*66
66%
66 %
24%
66 */2
32%
32
32%
20
52 Vs
52%
60
*59 »/4
Jan
22
13% Apr
17
15% Feb
5
18
8
Jan
4
United Stores $4.20 noncu 2nd
21
17
63%
64%
63%
64%
144%
144%
144%
Xl43%
143%
1*5%
2,200
17%
17%
17 y4
17%
17 V*
17%
17%
17%
2,000
34
34
34
34
34
34
33%
*33%
13%
13%
13%
14
13%
14
33%
13%
13%
13%
34%
13%
4200
7%
>82%
7%
7%
7%
7%
7%
1,700
4
147% Feb
12
6
24
31% Jan
2
36
8
155
Jan
144
v
23% Feb
12
25% Jan
82% Mar 29
24
71% Apr
24
28
29 '/4 Apr
8%
10
10
>
Jan
;
.
-V
'
"K
8%
79 V*
8%
;
82
80%.
75%
79
34'/2
34%
34%
80
;
77%
34%
145
144%
;
*17
78%
35
26,890
t
1.200
•
.
80
145
145
145
>;■ 25
25
*25
25%
*25
25%
*25
25%
70
69
69
*69%
70
*69 VB
70
70
70%
28%
28%
28%
28%
29
28%
29
100
*68%
12.80
Co
300
•
77%
145
145
;
X
Inc com
preferred
Power & Light
260
1,800
8%
18
35
34%
.
120
83 y4
8%
>18
90,000
65%
100
preferred
28%
145
83
8%
*17
...
64%
144
82%
*8%
18
34%.
.34%
,
7%
8%
18;
75
85%
34%
82
8%
18
Corp—_l
7%
82%
18
18%
com_No par
4%%
Utah
9
64%
145
7%
-7%
82%
82
82%
Steel
Universal Pictures Co
10
68% Apr
8%
*17
64%
145
Tobacco
Universal-Cyclops
Universal Leaf
4
29% Mar 12
No par
United Wallpaper Inc common—-1
Class B 2nd preferred.14
3
Apr
Feb
preferred
pfd_5
,<
85% Apr 29
Dec
Apr
noncumulative
convertible
$6
1.300
2,300
.
60
17%
preferred-—25
United Stockyards Coip_„
1.
7% Feb
*59»/*
580
17%
63%
144%
No par
common
19 y2
25,200
60
65%
*57%
—
Apr 30
14
19%
52
60
36
Apr
52
19%
52%
59%
52
59%
5
Jan
20%
52
19%
52%
59%
U
18
20J/8
19%
53%
2
"30
46%
149%
20
15
10
45%
149%
19%
33% Mar
81
46'4
149%
53
25
15,400
,
..
44%
100
preferred
149.
149%
149
t
86
149%
150
.
-■*'
500
93
44%
43%
.i
19,000
•
33%
*
149'A
43%
44%
43%
44%
93
149%
Jan
87
Dec
*83%
S3
18
9
26
86
*89
73'/a Jan
7
Feb
*83%
93
8%
32%
86
*89
155% Jan
23
167
33
*83%
96
1
Apr
12
32%
86
*91
2
7%
67%
*83%
—1
Co
67
96
32
25.200
24V4
*8%
5
Corp
Tobacco
24
86
S
S
8%
*83%
32%
Shares
33%
24%
„
*91
32 Va
1
*8%
100
Mar
17
6% Jan
Dec
Shoe
8%
30
100
;—-1
143% May
13% Jan
.
1st
31%
32
'8%
Co common
noncum
31 %
22%
29%
30%
the Week
May 3
5
—
Smelting Ref & Min com—50
1%
preferred
50
U S Steel Corp common
16%
7% preferred s
_____10o
3
Mar 23
99
Rubber
S
Friday
May 2
-10
——
Pipe & Foundry Co
8%
29%
Sales for
Thursday
30
8%
29%
1
Playing Card Co
8 Plywood Corp common
3%% preferred series A—
3%% preferred series B
Mar 25
26 Ye Aug 15
10% Aug
preferred
Apr. 29
Apr. SO
I"#
fr*
■
PRICES
Wednesday
May 1
Tuesday
:
Par
S
70
4 V-2 %
t')
f
*
LOW AND HIGH SALE
Lines Co common
S
65
20
U S
22% Feb
39
Dec
ir
s
EXCHANGE
24
37 y8 Jan
1
1
7
70
29% May
14
9>% July 13
9
24% Nov 12
#
*■
*
t<
NEW YORK STOCK
35y4 Aug
30 Ys Dec
23% Dec 20
*■
,#t *■
•
Highest
Lowest
36% Dec
41V* Feb
137
f
Range Since Jan. 1
Highest
Lowest
M
«.
STOCKS
Year 1956
22% Jan
IK.
s " $
Previoaa
Monday* May 6, 1957
28%
28%
*143.
145
*25
:
25%
?
300
.•
.
4a.oo
40
,
,.
:'
'
■
■
'
j
.
'
'
i
■■■
>4
i
1
'
•*'
•
....
*r.
/.
1
•.
:h
38% Feb
9
12% Dec 21
25% Nov 21
Jan
4
40 y2 Dec
20
•::/7>';129
4
40% Feb
17% Jan
3
Apr
6
9% Mar
25'/a Jan
37 »/4
Feb
7
Sep 12
25% Dec 26
Dec
Corp of America
1
13% Jan
9
Van
Norman
2
28 '/a Jan
15
Van
Raalte
Industries
46
1
Inc
9%
2.50
Co Inc
110 ;'
liy8 Jan
2
14% Jan
11
Vertientes-Camaguey Sugar Co—67/2
58% Mar
41% Feb
28
48% Apr
24
Vick Chemical Co_
9
1301
Feb
128
Feb 20
34% Mar 26
24
Jan
6
78% Jan
47% July 26
10
Dec
18
116
Feb
13
93
Oct 30
103
Feb
13
85
Dec 28
106
Mar
15
87
103% Feb
20% Feb
Apr
88% Jan
Mar
Victor Chemical Works
6
84
124
-
3
?
'
27%
V'13%
Feb
X45%
46%
9%'
9%
-
28
27%
:J
4
45%
9%
13%
47
13
90
Mar
271
98
Mar
1
Mar 13
10
9
Dec
31
Jan
18
93
46% Jan
11
79 y4 Nov 27
66% Feb
11
9
33% Jan
16
29
32
10% Dec 26
12% Dec
31
11% Jan
29
7
17
85
Apr
16 y4 Jan
23
Jan
3
17'/8 Mar 29
74% Nov 28
83% Jan
3
68
May
2
77
;i3y4 Dec 19
147/a Jan
9
13
Apr
6
29
*82
No par
100
6%
14
28%
23%
*116
49
lo
com
;
13 %'
47
•
*123
*82
84
23%
*23%
*115
117'/a
49%
24%
104'/a
104y2
49%
24%
100
29
48%
23
49 Ya
49%
24%
24%
104%
89
*90
93
*90
*82%
115%
49%
22%
I *114
(
"
5,900
}
2,300
23%
300
115
48%
49%
25
25 y4
6^00
4.500
310
89
*84
89
*84
90
90
*87
90
*87
93
*87
89
-
93
93
*87
82%
81%
82
82
82%
80%
81%
29%
29%
29%
29
29 y4
29
29
•
13%
; ■
13%
16%
v.-
16 «/4
,
■
10
90
82%
v-
■
-
r *
29%
84%
29 y4
29%
!
•'
104% 105y2
25%
105
*85
*87
;.n
——
29
23%
115
104y2
,93i
l)3l
*123
•
t
84
*82
23%
117
24 y4
*90
82
84
22%
A
*123
104 y4
*85
" " '
29%
29%
24%
93
45%
*123
29%
117
49%
...
104%
89
29
*123
24%
*85
81%'
46%
104%
*
*90
<
13%
46
12%
——
*82'
84
23%
117%
100
—100
v
29
-
.100
preferred
13%
5,400
1,300
18,600
2,100
: 46%
*123
*123'
28%
9%
28%
;
6.200
9%
28%
*
1
*123
29%
i.__8
common
25 ^:
ill
25 Vulcan Materials Cp'fcoifthion—
_1'; ;
5% convertible preferred—16
Mar 11
14% Dec 27
.*'14% Dec 27
com
preferred
$4.04 preferred
$4.20 preferred
$4.12 preferred
JALL;
Virginian Ry Co common.
■■/*'
*123
TOO
Chemical
$5
82% Apr 30
28% Nov
100
/
45%
9%
28%
13 V*
46%
1
28%
47
■
45%
9%
28 V*
9%
27%
9%
28
13%
46
45%
45%
46%
13%
47
*123
common—_5
div
New
12
111
100"
partic preferred
Virginia Blec & Power Co
6%
Apr 22
25% May 2
1
•47
2.50'
preferred
Va-Carolina
8
Apr 22
50
42% Jan 21
24 y4 May
1
88
2
25% Jan
1
5
104% May
6
29% May
18
109'/a Apr
38% Apr 18
128
•*'
«...
25% Jan
_>_w_
Vicks Shreve & Pacific Ry com
5%
ndncuinuiative preferred
2
Jan
38%
Vanadium
12 y4 Nov 28
94 y2 Apr
28
21% Nov 13
105% Dec 20
104
2
50% Jan
12
'
123
82
55% May
—'*
2,900
-■
2,600
.
13%
13%
13 y8
13%
*13%
16'/2
16%
16%
16%
,16%
-100
*68%
G8%
*68V4
68%
68%
68 %
No par
10
No par
13%
13%
29%
75%
*13'%
13 y4
i3y8
13%
29 y4
29%
29»/a
29%
13%
*29%
30
29%
29%
"700
75%
75%
76
76%
*76
77
*76%
77%
900
17
16%
9,400
.
.
13%
-
*13%
16y4
16%
14
,800
.
700
16%
.,
=
W
.1
26
33
Jan
Nov 29
75
Mar 20
29% Sep
64
12% Jan 30
,13%
Dec
12
95y« Dec 17
r.15% Nov 23
18% Jan 27
9
40% Feb
i
37%
Oct
1
,3SYt Dec 20
25% FeJ>
9
,22
;i9%
20% Sep
7
17% Mar 12
Feb 28
106
4
Waldorf System
Feb
30% Jan
2
70% Feb
12
77y4 Apr
22
Walgreen Co
Walker (Hiram) G & W
15% Feb
12
,18% Jan 11
12% Apr 26
15% Jan 25
.95% Jan 24
92
Mar 18
13 y8 Mar 29
22% Apr
49y4Aug 9
40% Jan
9
38% Mar 23
28
Feb
Jan
3
9
24% Jan
27% Dec 14
25% Jan
i.a.»
W« hineton Gas
.
Jan
-26% May 3
32% Mar 27
W
■
Jan
S
v.:-'
Corp
5
16%
16%
12%
92'A
13%
*13»/4
13%
i3y8
13y*
23%
23%
24y8
23%
54%
24
53%
54%
37%
*37%
35%
35%
35%
5
28
28%
*28
5
.{■ 26
•
V
l
l
—
54
54%
*13
17
200
69
13%
17
55%
38
37%
34%
35%
28 ya
28 y2
26%
26%
12%
i7y.
12%
92%
92%
13 Va
13%
13 y8
600
24%
24%
25%
5,300
56%
*92 V*
-
'....
-
30
*
55%
56
37%
*37%
38
35 y4
34%
34%
12,100
*28 Ys
28%
*28%
28%
2,500
*26>V*
29%
,
26%.
V ^6%
29%
26%
29%
1^00
2%
2%
3,300
55%
37%
.
12,000
300
26%
*26%
30%
29%
26%
29%
*29%
2%
2%
2%
2%
2%
29%
.;.
1,900
34%
...
37%
35%
28%
12%
93
12%
<
30%
-
500
■
24%
92%
23%='
par
*67
13 Va
13 y8.
12%
93
12%
68
68
16%
12%
*92%
13%
■7
•.
17
12%
93
37%
Pharmaceutical—1
Light Co
No par
Wayne Knitting Mills
Wa
e Pump Co——Welbilt Cojrp
4
12%
*92
1
Waukesha Motor Co
-
2% Feb ?6
16%
1
Washington Water Power—No
4
75%
,—100
Warner Bros Pictures Inc
32
2
6
3
38% Mar 28
17
8
Ward Industries
36% Jan 17
26
Feb
2
V
29%
2.50
._
common
nrsferred ,■
%
16% Jan
*
,
4
8
Walwoyth Co
Ward Baking Co
;
28% Jan
42 Vb Feb 12
37% Apr 23
34% Feb 26
4% Apr
preferred
13% Jan
37% Aug
27
Mar
2% Dec 26
Wabash RR 4%%
8
11
Apr 30
29% Dee 26
20
Jan 24
29%
28%
29%..
29
29
28%
29
•
28 V*
44%
45
45
45
45
45
1
45
45
59%
30%
56%
57%
55%
57%
57%
61%
60%
62%
29y8
30 y4
29%
29%
29%
30%
30
31
26%
500'
28%
45%
30
2%
2%
0
■
29%
2%
-;i
r
v
,30% Oct
1
44% Nov 26
; $0% Feb 16
25% Jan
3
r25% Jan 10
43% May iO
28% May
3
52% Feb
2
44% Feb
19
Dee 21
41V8 Jan
2
44% Dec „ 5
29
Mar 20
28% Apr
44
97
Nov
26
112% Jan 13
92
Dec
12
105
Mar
20
105
Jan
88
Dec
42% Jan 30
104
Mar 27
18% Jun 20
63
,
15
26% Feb 27
9w% Jan
3
105
39% Jan
27% Jan 30
Jan
14
95
Jan
28
27
90
Jan
14
93
Feb
18
Apr 18
Jan 12
25% Dec 31
37% Apr 16
103
47% Jan 11
Jan 29
21
Feb 27
13
93
Dec
28
91
Jan
2
Feb
13
67
May 10
49
Feb
11
68 % Feb
17
82% July 20
86
May 9
71
Feb
15
54
Mar
22% Mar
17% Apr 18
26 y2 Feb 12
17% Nov 21
26% Nov 29
50% Nov 29
82% Dec 27
128% Jun
46
5
Jan 20
94
Sep 28
8
21% Jun
62
Aug 30
27 y4 Dec 20
1
,36y4 Feb
99
Apr 10
Jan
23
'26% Feb
16
9
30 y8 Jan
30
12% Jan 23
5
105y4 Feb 23
5
36% July 17
65% Mar 20
09% Jan
.4
130
Feb 17
80y« Feb
15
31% Jan 18
61% Feb 28
27% Jan 23
50% July 24
44% Feb
102
Jun
8
13% Apr
2
29% Mar 14
61
May 10
16% Apr 30
82 y4 Apr 30
17
4
19% Dec
5
10y4Jan
9
Dec
31
25% Jan
4
30y8 Sep 26
37 y4 Feb
20
Oct
18
21% May 15
29yaOct
1
43% Dec 19
41% Jan 23
88% Nov 29
83 y4 Nov 30
7% Dec 31
26% May 24
24
Jan
19
83 % Feb
8
20
101
Jan 16
July 30
145
Mar 22
24% July 10
36% Feb 27
13 y4 Feb
12
72
Jan
21
15
Apr 24
4% Jan
7
18% Feb
8
30% Feb 14
127
Jan
22
3
May
63% Jan
20% Jan
4
>
129% Feb
4
69% Jan
2
96% Jan
9
f
68% Jan
8
38%
39%
38%
39%
39
104%
*102%
104 Va
103
21%
21%
;
16
3
63%
64
78
78
78 y4
78
78
78%
79
79
58%
58%
58
58 V*
57%
57%
77%58
58%
58
58%
18%
18%
18 Va
18%
18
18%
18%
19ya
18%
19 y8
30%
31 y8
31%
30%
58%
59 y2
*77%
*88
*96
3,900
3,100
51,400'
35,300
31 %
30%
31 y4
30%
31
59%
x58%
59
58 Va
59
59
59%
*88
89
*87
88%
88
88
88
88
*125
89
900
-
127
*127
30%
58%
53,700
i
200
65
65
*6
65
*60
64
28%
*28
28%
*28
28%
;
5oy8
50
50
>7,300=
99
*98
99
100
—
*
■28.%
51 y8
98
98
*97%
*28
i
51%
49%
51%
60
99
98 y4
98 y4
99
9%
26%
*26
26%
26 ya
*26
26ya
*26
40
*40 y4
40%
.*40>/4
40%
41
41
*40%
48%
48%
48%
5oy4
50
52
50 yi
13%
13%
13%
—No par
10
Inc.
—10c
*72%
74%
*72%
15 Va
15%
common
100
15
10
9%
9%
9%
9%
♦26
13%
74
9%
9%
9%
13%
13%
13%
*72 y4
74%
*72j/4
*i5y8
15%
*15y8
15,100
15%
4%
<
-
500
'
74%
15%
13 Va.
15 %
6,300
.100
;
13%
74
♦72 %
15%
9%
100.
100
woo
;•
*
'
—
*
500
400
*4%
5
*4%
4%
47/„
4%
1
com
22%
23
22%
23%
22%
22%
22%
23
22%
22%
9,700
10
32%
32%
32%
32%
32%
32%
32%
32%
32%
32%
4,100-
-in
30% Jan 14
Yale & Town© Mfg Co
35% Jan
2
123% Jan
2
Young (L A) Spring & Wire
__5
Youngstown Sheet & Tube
No par
Youngstown Steel Door
No par
Corp.
:
51
No par
48%
13 y2
lf 150
7,600
.
41
47%
9300
.
26%
39%
5
Industries
Radio
*27%
51%
26%
12
fcenith
*63
27%
1
Mar 12
-
65 y4
27%
50%
*63
Vz1
50
:
Feb
28% Mar 15
56%
24%
65%
*127
*127
20
common
$3 convertible preferred
99
63%
24%
Woolworth (F W) Co
3
' rR
62%
56
Worthington Corp. common
—10
Prior preferred 4%%
series—100
Wrigley (Wm) Jr (Del).
No par
Wyandotte Worsted Co
5
8% Apr 11
131% Apr
63%
15%
*96
93%,
31
31% Feb 12
2,000
63
15%
24V*
7
3
2,300
98
15%
98
64%
98
93%
12
14l%'&n
15%
15%
98
62%
*96
56
34% Aug
25% Feb 12
15%
15%
98
64%
63
24%
36% Dec
29% Nov 28
2,500
93%
131% Dec 10
27% Feb 12
.10
22%
104
56%
100
Wisconsin PubUc Service Corp—lo
Woodward Iron Co
10
92% Mar 15
88% Jan
5,000.
39%
;
22
*103
56
Wisconsin Elec Power Co
6% preferred
8
13
-
24%
Windsor
6
26
'
22
63%
$4.25 preferred
Mar 19
Feb
15%
39%
39%
103
56%
Winn-Dixie Stores Inc
Feb
98
21%
93%
24%
preferred
White Sewing Machine
Prior preference
30
7
15%
*96
22
"20
93%
23 % Apr
83
*15%
-
140
92%
55%
5y4%
32% Apr 24
9
39%
92%
24y8
Wilson-Jones Co
4
92%
21%
4V4% convertible preferred
80
White Dental Mfg (The S S)__—_20
White Motor Co common
1
,
Jan 31
98% Mar
*91
93%
19% Jan
9
5% Jan 21
10% Jan
92%
56
Wilson & Co Inc
45% Jan
*91
*102%
—5
Wilcox Oil Co
62% May
92%
24 y4
4
12
*91
93%
2
23
92%
57%
Jan
52 % Feb
*91
7»40O
97
26%
24%
15% Jan
88.
*94
93'%
59
50% Mar 19
97 !
•"
101
*94
26%
102 ya
56%
18
60% NOV 15
99% Jan 24
*99
97
26%
24%
14
31% Jan
26%
101 '
*94
26%
93%
Feb
22"% Feb
101
97
26%
103%
22
—
13% Jan 10
131
102
*94
L
*125%
47
26% Apr 10
42% Mar 1
104
97
40
100
26%
104
100
29% Jan
75
26%
104
*94
270
Whirlpool Corp common—1
51% Apr 25
100% Jan
7
.
t
i;50o
22,000
2,500
Wheeling Steel Corp common——10
$5 preferred
No par
.
28% Mar 14
u
preferred series B
Wheeling & Lake Erie Ry
26% Mar 22
.
*30
26%
-
105
Westinghouse Air Brake
10
Westinghouse Electric common_12%
3.80%
;
'
22
4
Mar 25
57%
*103
Western Pacific RR common-No par
Western Union Telegraph
2.50
92
*45
l
5
31% May
l
59% Apr 24
-.
:
i
100
common
.
3
21% Jan 22
Jan
.
Western Maryland Ry com__No par
4% noncum 2nd preferred
100
95% Mar 29
9% Mar 28
.
.79
12
25% Apr
1
39% Apr 29
45% Feb 13
,
Western Auto Supply Co com—5
4.80% preferred ;
_100
4
53% Feb 12
.-
Western Air Lines Inc
Apr
2
647/a Apr 22
92% Mar 6
23% Feb 13
Dec
20
Feb.
v
■
98
2
Jan 24
28% Feb 23
4% Dec 26
127
129
12
Jan
69% Dec 31
103
14y4 Jan
69
52% Feb
83
1
16% Jan
.-1
West Va Pulp & Paper
4%% preferred
•
104% Mar 20
24% Jan
2
14% Feb 14
15% Dec
47
58% Nov 29
Mar 20
91
•,
Wesson Oil & Snowdrift com—2.50
4.8% preferred
—50
West Indies Sugar Corp
:
1
West Kentucky Coal Co
;
4
; West Penn Electric Co
_5
West Penn Power 4%% pfd
_100
4.2Q% preferred series B
100
4.10% preferred series C_
100
4
2
108
16% Dec
34% Jaft 29
48% Jan 23
61% May 2
,,
10
—No par
*124
127
*124
5
*124
126%
126%
♦
*124
4%
4%
126'/a
*124
126%
,
^
,
22
22 Va
22 y8
22
22 y*
22
29%
21%
29%
22%
29
29%
29%
33
29%
30
30 Va
30 Va
44%
44%
44 y8
44 y4
44
44%
44i/4
43%
44y8i
59%
60
61%
;-62y8
58%
58%
59 y8
59%
91
91
91
91%
84
84
*7%
28 ya
.
c
*91
S2
44
60%
*91
'.
1,700
14,900
91
84%
85
160
'
29
*84%
84%
84%
84%
84%
*7%
7%
*7%
7%
*7'/a
28%
28%
31%
31%
28%
28%
27%
84%
7%
28%
*7%
700
.
7%
28
9,200
,1,50*"14,500
5,500-
28%
32
.•
32.
-
111
;
i
-
7%
31%
31%
112% 114
26%
1
9,000
62%
91
92
•«.„
2,500
22
21%
~
t
112y2 us7/.,;
27%
26%
112%
110%
26%
27
112%
*31%
111ra
;
:111
32y8
-112%'
26%
1*13%;
31%
32%
,112%
113%
26%
27%
;ll2%114%
-110% 112%
27
27%
113% llS;
roaalt^ Yalue.' vd Wbn
.
"
"
distributed
,
M°9
-
/Number 5635
Volume. 185
The Commercial and Financial Chronicle
...
Record
Bond
New York Stock
««
FRIDAY
The
letters
italic
in
column
the
Figures
**
headed
after
WEEKLY
-
Period"
"Interest
decimal
point
indicate
represent one
in each
or
the month
case
32nds
more
of
Lowest
98-
Lowest
Highest
;
17
Dec
Highest
f;
i._
Treasury 2%s
12
91.12 Dec
12
12
91.3
Nov
13
12
90.12 Dec
12
90.11 Dec
12
90.26 Nov
13
89.21 Dec
12
95.14 Mar
~8
Treasury 2'/aS
91.20 Mar 23
>81.20 Mar 28
30.22 Nov
Mar~9
95.11
13
92.24
Feb~U:
92.24
Feb"ll
Mar 28
97.8
13
96.30 Nov
98.18
*98.19
*95.16
95.20
*95.22
95.20
*95.22
98.2V
95.26
92.10
*92.12
92.16
•92.16
92.20
94.10
*94.10
94.14
*94.10
94.14
*91.8
91.12
*91.14
01.18
*90.24
90.28
•*91
91.4
*90.20
90.24
*90.28
Si
*89.30
90.2
*90.6
90,10
*90.14
90.18
89.307
*90
90.4
*90.8
90.12'
*90.20
*90; 14
90.24
*89.26
*89.20
89.24
*89.28
90
*90.6
90.10
*90;10
90.14
-
*89.18
89.22
*89.24
89.28
*90
90.4:
*90;6
90.10-
-
*89.18
89.22
*89.26
89.30
*90.4
90.8
*90.8
90.12
*97.28
98
*97.30
98.2
*98
98.4
*98.4
98.8
*98.25
98.27
*97.3
■'
*97.30
98.2
.98.27
"
'•*92.6
V
*94.6 :
•91.4-
91.8
'f
>
"
' "
.
•;
"
*93.28
Nov 15 1960
*95.14
(•
_
/
'••
>
l
90.18
*98.26
98.28
*98.28
98.30
*99
99.2
97.5
*97.4-
97.6
*97.6
97.10
*97.9
97.11
*93.26
93.30
*94.2
94.6
*94.6
94.10
*94.10
94.14
*93.24
93.28
*94
94.4
*94.4
94.8
*94.6
94.10
95.18
Dec 1959-1962
f'
■
94
*98.25
*97.5
*93.30
r
-
90.20
89.28
-June 15 1958
-Sept 1957-1959
Treasury 2'/4s.k
*98.16
90.16
89.26
—June 1959-1962
Treasury 2%s
98.16
*90.12
*89.24'
-
-—
!*98.14
'
99.14
*90.16
*89.22
Treasury 2%s
Treasury 2Vis
Mar 28
97.8
100.16
*99.12
90.8
90.2
Treasury 2»4s
13"
96.30 Nov
100.8
♦100.8
99.12
90.10
90.6
1957-1959
*100.4
*99.10
91.2
*90.2
*89.30
*
'
100.16
99.11
*90.4
J
/ *89.28:?,90
_-Dec 1967-1972
100.8
*100.8
100.16
*99.9'
*90.6
90.14
Sept 1967-1972
*100.4
*100.8
*90.30
'•
90.18
Treasury 2'/2s
Treasury 2Vas
Treasury 2%s
.
98.10
:
>£__
*100.2-, 100.6
;
' i__
-
" '
94.2
*90.10
/
97.2
92.4
*90.14
1965-1970
1966-1971
92.4' '■
*96.30
'
95.16
>91.6
*91.2
June 1967-1972 '
97.8
*91.28
97.2
*93.30
Dec 1964-1969
—
*97
92.4
*96.30
*92
____June 1964-1969
Treasury 2"/as
Treasury* 2,/aS
Treasury 2V2s
97.6
*91.28
*95.12
Treasury 2%s
.
*96.30
96.28
99.11
*98.14
96.28
91.24
92.8
•
*94.8
—1963-1968'
•'*'• Sales for
'May 3 Vt- " the Week
Low
High '" Bonds ($)
*96.20
100.6
"
t
u-
Friday
'
*91.16
:
100.12
*99.9
-
>\
94.12
*92.4
Treasury 2%s
..
.>
99.11
(
/•,»/../
<•
'*96.26
!
96.24
*100.2
100.12
*98.15 '-98.17
*95.16
95.20
1962-1967
Aug 15 1963
i--
-
*100.4
* 100.6
*99.9
-
Dec 15 1958
^
1961
—_
Treasury 2'/as
90.13 Dec
*96.20
*100.4
Mar 1957-1958
..—
Treasury 2V2s
90.12 Dec
91.24
97
*100.2
1960-1965
Treasury 2%s
91.12 Dec
*91.16
*96.28
1958-1963
Treasury 2%s
;
.
<
96.20
91.16
1961
,■
v
*
'
*96.12
1995
_•
—
mature.
-
*91.8
*96.16
bonds
'
96.24
1978-1983
Treasury 2%s —
Treasury 2'/as
Treasury 2Vis
>
<
*
Apr. 29'
Low ;High
the
•'
low AND HIGH SALE PRICES
^;
Tuesday " ■
Wednesday
; >
Thursday
r' :
v
May 1
■
?<' \
Apr. 30
May 2 >' I.ow
Low - High
High
V- ]• Low
High
Monday
•
-
EXCHANGE
Treasury 3'/4s
Treasury 3s
17
Dec
98;.
!
BONDS
NEW YORK STOCK
Range Since Jan. 1
Year 195(5
when
point.
a
;
GOVERNMENT
Range for Previous
Exchange
YEARLY
-
*95.12
95.16
*95.16
95.20
*95.22
95.26
*95.22
95.26
97.7
94.2
"
-
W:
International Bank for
'«•
99
84
Dec
89
13
Dec
13
90
97.20 Mar 12
Dec
7
99.28 Jan
16
101.16 Feb
101.16 Jan
9
101.16 Jan
17
102.16 Jan
24
8
"92
Feb
14
4
90
Feb
4
-
100.8
103.4
May 16
Development
90.?0 Mar
96.16 Apr
101.16
Apr
5
90.30 Mar
*88
24
25-year 3s —
30-year 3'As
:
23-year 3%s —>_
96.16Apr24
23
104.24 Feb
4
Oct
15-year 3 y2s
20-year 4'/as
f
5
May 15 1975 —
19-year 3'/as
24
Jan
1 1969
Jan
1 1977
Sept 15 1959
Mar.
Oct
il5-year 2'/as
U3%S—i
:
v
1 1976
*87.16
11981, /;*88
J.
15 1971
-M1
•>«;
i
80.
89
90
,
—Oct 1 1958
f4%«
'
.
July 15 1972
K25-year 3s——l.
17
Feb
Feb
9
102.16 Jan
Apr
90
Reconstruction &
vat--'1V/■/'/
..
*88
.
"88 /
89
90
94
96.16
,
*97.24
98
due Feb
15 1958
*97.24
98.24
__due Feb
15 1959
*88.16
90
*88.16
90
*87.16
89
*87;16
89
*88
90
*88
94
*92
94
96"
*95.16
96.16
90
*92
•
*95
>
...
*95.16
96.16
*96
*101.16
102.16
*102
*97
98
*100
94
*92
;
96. 16
*95.16
97
*96
97
103
*102
103
98
"
*97
*97
100.16
90
k
>100
100.16
98
100 16
>100
98
*97....
97.16
*97.12
97.24
*97.12
98.24
*97.24
98.24
*97.24
98.24
*97.24
97.8
95.16
94.8
93
*97.24
1 1978
89 s>
>88
*92 /,»>-94
;l
*92 ■."»
*95.16
96.16
*95.16
*96
97
— *96
97
*102
102.24
*102
-102.24
*97
98
*97
98
*100
100.16
*100
100.16
May
90 V
*87.16
90
*80
*87.16
■
-
*
*96.8
97.8
*96.8
97.8
*94.16
95.16
*94.16
95.16
*93.8
94.8
*93.8
94.8
97.24
Serial bonds of 1950
2s
*96.8
97.8
—due Feb 15 1960
*94.16
95.16
due Feb 15 1961
*93-8.
94.8
2s
2s—
2s—
2s
•Bid and asked
a
price.
Odd lot transactions,
d
No sales transacted this day.
Cash
e
sale,
r
lIThis issue has not
Registered bond
——due Feb 15 1962
as
yet been admitted to Stock
New
Ycrk
Period
Stock Exchange
Panama
,
/
.
"
1961.
or
Sale Price
Friday's
►
High
Low
ui
June-Dec/'
98
;,
.
97Ve
53
98
91%
•
9831
*
'
series
No.
series
No.
No.
series
or
Sale Price
v/.
.-
June-Dec
series
No.
3%s
series
No.
No.
No.
—June-Dec.
;
*94% 1 98
collateral
1945—Jan-July
7s A
98%
>—
*88%-
89%
—
External sinking funds 7s 1st ser
89%
89
A6s
Extl sink
90
90
89
1957_April-Oe£
90
AExternal
sec
sink
fd
7s
2nd
ser
1957_April-Oc£
89
AExternal
sec
sink
fd
7s
3rd
ser
30-year 3s s f $ bonds
1978—
(Commonwealth of)
3%s
June-Dec
1
20-year 3VaS 1966_:
15-year
33/4s 19694'/2s 1971
5s 1972-
15-year
15-year
§ A Bavaria
Feb-Aug
.June-Dec
June-DecMar-Sept
1962
/_
i
Feb-Aug
—Feb-A«fif
Belgium (Kingdom of) extl loan 4s 19e4__June-Dec
ABerlin
(City of) 6s 1958
June-Dec
§A6%s external loan 1950
—April-Oct
(Free
4Vbs debs adj
99%
9911
91
51
1965
8
99%
3
91
91%
-
22
94'/4
98 '/a
90% r92 %
17
94%
94%
95
100
s
reduced
f
AExternal
s
to Plan
A
f
96%'
117%
reduced
§A7s
to
to Plan A
3.375%)
1979
89%
93%
AChinese
97
99 Vt
gACologne
100% 100%
94
100
165
9634
100%
^
165
99
*44
62
96%
99%
1
106 %
117%
1
107
135
19521
(Central Ry)
Stamped
*85%
±
pursuant
112%
reduced to
3.5%)
A
1978
90
112%
(interest
65
—
June-Dec
(interest
June-Dec
75
75
"75
1
—
75
119
♦75
.11
Plan
to
77
88
119
66
of
—
ext
(Rep
of)
1927 Jan
assented (interest
extended to 1960
'mm—' ' '
3
—
■.
•
.
77
90
81%
——
47 Va
47%
m.—-
*44
47%
47%
43'%
46'%
—
*44
•
43%
115
44%
—
__
47
47
— mm
48
48
mm—
80
80
—
48
48
*44
•44
'
*
*.
*44
■
♦78%
♦44''
j
—
•
■
3%s
series
No.
334s
No.
series
No.
3
3%s
series
No.
4
33/4s
1
series
33/4s
series
*75
__
1
June-D^c
1
66
73%
98
99%
^"
'J
.
2
97
1
89
1
.91
10
'
3,
10%
No.
5
33/4s
series
No.
7
No.
8
-June-Dec
3%s series
No.
9
3-y4s
series
No.
10
1
:
1
June-Dec
series
3%s
series
No.
series No.
118%
*H4
54%
54%
•74
,
60
60
104
•50'/a
.
!
—-—April-Ocf.
46%
.'
__
-
s
55%
series
334s series No.
3%s series
3%s
No.
96
94%
96
~i
94%
96
—,
^'_1
^series No. 16————,^-
f
93
94
92%
92%
June-Dec
14
:
15—1—
see
96
96
June-Dec
■
3 yirf'ierieS No:. 1
For footnotes
95
94%
June-Dec
13
No.
1
__
91%
60v
73%
"r
_June-Dec
93%
94
93
93
_June-Dec
l___ JUne-Dec
->>11-Juiie-Dec
page
31.
SECURITIES
MARKETS
Carl Marks & Co. Inc.
%
FOREIGN SECURITIES SPECIALISTS
9;
-
20 BROAD STREET
TEL: HANOVER 2-0050
f
•
NEW YORK 5. N. Y.
1
TELETYPE, M 1-971; •/;
75
52%
.
60
106
50 y8
53
46%
58%
102'%
4
Institutions
96
54
Z104
12
121
——
10
June-Dec
June-Dec
12
3%s
_/
11
3%s
June-Dec
0%
118% 118%
95
3%s
81
47
.
93
June-Dec
'
81
—,
*44,
FIRM TRADING
99
June-Dec
June-Dec
;
—^
Zm—,
47
*78%
reduced to
FOREIGN
80
80
•
■
Jan-Jwiy
For Financial
80%
81%
mm—
—
*78%
'
48
—
—
*78%
,
80 Va
80%
__
•44
5%
funding bonds of 1931 due 1951
Stamped pursuant to Plan A (interest
reduced to 3.375%) 1979—
April-Oc«
External dollar bonds of 1944 (Plan B) —
^
—
•78%
43:%
,nr
46%
80%
r
82 %
46%
48
—
..
132
;
46'%
soy4
—
—
•44
-Mar-Sept
'v<r
88
81%
46%
•,
•
87%
80%
80
•
75 y.
132
52
79ya
—
90
SO
.
'
r
51
90
8T
'
__
*78%
JAan-3™\
(Dept of) 3s 1978—
Czechoslovakia (State)—6%)
—
♦44
sinking fund dollar
Stamped
:
*78%
5s 1951-—
6'/2s 1950
Mar-Sept
6s of 1928 Oct 1961-April-Oct
Cundinamarca
93%
46%
86%
>,
is
•44
r-,—-—
1961
93%
12
43
>
.
•78%" 82
-/-Map-Nov
I960.,-
94
'
bonds 1970—-April-Oct
{AColombia Mortgage Bank 6%s 1947
April-Oct
gASinking fund 7s of 1926 due .1946
May-Nou
gASinking fund 7s of 1927 due 1947-^—Feb-Aug
§ A Costa Rica ((Republic of) 7s 1951
May-Woo
3s ref $ bonds 1953 due 1972
April-Oci
Cuba (Republic of) 4%s external 1977
June-Dec
3s
117% 1173a
135
A Colombia
A6s
7s
I960
(City of)
~1
93%
50%
99
94
94
•
93%
95
94
03
'v
j_
86%,,88
(Hukuang Ry)
2
(interest
(Interest
April-Oc£
assented
3,0
135
3.375% )
Stamped pursuant
A7s
■,->
1962——May-Nov
1962—
Municipal
Consoi
90%
—
•/
98
93
*'•'
r
*78%
1961
assented
98%
*84%
1979———April-Oct
6V2S of 1927 due 1957
April-Oc£
to
AGs
AChilean
__
100 Vz
June-Dec
8'/2s of 1926 due 1957—,^April-Oc£
Stamped pursuant
:
90%
:
Stamped pursuant to Plan A
reduoed to 3.5%)
1978
.
98%
SABrazil (U S of) external 8s 1941—_—'—June-Dec
AExternal
assented
97
96
T-
t
>
50%
June-Dec
—-—June-Dec
1961—-—Aprii-Oct
April-Oct
;
6s
AGuaranteed sinking fund 6s
>
94
90%
90%
1945
6'/2s
State)
(series 8)
99%
91
k
June-Dec
June-Dec
3%s
46%
5
•
♦78%
assented 1961
sinking fund
99 y8
'
'
1957———-June-Dec
AGuaranteed
A8s
1967
15-year
51
95
•78%; —?
.--May-Nov
^June-Dec
1993—
—
10-year 3y4s 1957
20-year
50
fund $ bonds 3s
Mortgage Bank 6%s
A6%s
assented 1957A6%
Jan-July
■.'•■,
.
;/94'<;
*94
—
—
AChile
1957_April-Oc£
Australia
94%
f;; 98
95
—
1963
•:
—-
.94-
.—;
April-Oct
fund 6s Feb 1961——Feb-Aug
Feb
1961
Feb-Aug
assented
>96
i
''
56
1
96
_
.
*50
89
88
§AExternal sinking fund 7s ser D 1945—Jan-July
:
90
89%
gAExternal sinking fund 7s ser B 1945—Jan-July
§AExternal sinking fund 7s ser C 1946__Jan-Julp«
A
99
/;
-
—.;
98
—
i
..
,
•92
6s Jan. 1961—Jen-July
Jan-July
AExternal sinking fund 6s Sept 1961—_Mar-Scp£
A 6s assented Sept 1961
—
Mar-Sept
AExternal sinking fund 6s 1962_—
^April-Oe£
A 6s assented 1962
-_April-Oei
AExternal sinking fund 6s 1963—'
vMay-Nov
-
(Dept)
99
87, "
ARy external sinking fund
A 6s assented Jan 1961—.
Foreign Government and Municipal
§AAntioquia
99
94
96
t-
;87
assented
v
95
93
"A
'iy
.
97
*95
.
1960
High
94
.
•.J,
■
No.
assented
Jan. 1
Low
*Hi V:
i"
,■
*93%
1975——.—Mar-Sept
Cauca Val (Dept of) 30-yr 3s s f bds 1978_Jan-Juf?/
§ A Chile (Republic) external s f 7s 1942—_May-Nou
§A7s assented 1942———'—./.May'-Noy
AExternal sinking fund 6s 196011—!—^April-Oct'
A 6s
*98%
"V'
95
*94-
iJune-Ded "
24———_—
June-Dec '
25——L——_June-Dec /
26
>_
1——_i_June-Dec ' ;
27___
4—JunerDec
No.
series
series
series
Range Since
Sold
No/.:'
*93
A6s
par.
Sept. 15 at par
.>• •
-
on
on
High
95';';
X
<
——r/lJune-Dec
25-year • 2%s
NY 1-1693
:
Bonds
Friday's
28^^—1—1 >1^—1 June-Dec
3%s series No. 29_>/4
/;>—-t/^kJunefDeq 7: '/->
3%s series No. 30-i^-l
2—itLt—--June-Dec- * -//
Caldas (Dept of) 30-yr 3s s f $ bonds 1978-Jan-July
86 '/a
Canada (Dominion of)
2%s 1974
__Mar-Sep£. -
Teletype
'J'—r
;
'1 ■'?.
AExternal sinking
Agricultural Mortgage Bank (Columbia)—§AGuaranteed sinking fund 6s 1947
Feb-Aug
§AGuaranteed sinking fund 6s 1948
ApriJ-Oct
Akershus (Kingdom of Norway)
4s 1968
.Mar-Sep
93
-
Bid Si, Asked
"22l11/.^—/->hi./_i./14June-De(S*:
231—*
s—June'^e'^.^
No.
3%fi- series
3 %s
-
Wertheim & Co,
Broadway, New York
.
No. 21
3%s'series
-
/.
20—u.—
3%s
■«
191—!
series
3%s
Foreign Securities
*
,*92
Week's Range.
Last
Period
18—
3%s
3%S
Members New York Stock Exchange
93
-
Interest
/
(continued)—
3%s
-
120
*92
.
-
Stock Exchange
Yerk
3%s
,>•
?'-■•''••
REctor 2-2300
-/
k_-
;
94.8"'
,*93.8
3
3%s
»■.-
"
•
Telephone
93
High
/'.•>'
't/-"•
95.16
*94.16
•
Low
Brazil
^
*92
Friday
No.
97.8
*96.8
•
•
'
BONDS
New
♦103% 104
/
1980
Corporate Stock
MAY
Jan. 1
Sold
98.24
■
'*- -
ENDED
'
......
/ '/
Issue—
93
Range Since
Bonds
Bid & Askcil
Quar-June
New York City
Transit Unification
3%
'
:
3s
Canal
WEEK
_
Week's Range
Last
Low
Territorial Issue—
FOR
,
;
;
entire issue called
Excfiknge dealings, j. {Treasury 2%% due 1959, optional 1956, entire issue called
•
RANGE
Interest
* 92
transactions.
Friday
BONDS
*97.21
*96.8
*94.16
,*93.8
* 92 ;
53
46%
52
Commercial and Financial Chronicle
The
(2120)
...
Monday, May 6, 1957
NEW YORK STOCK EXCHANGE BOND RECORD
RANGE
Friday
Interest
BONDS
Period
Exchange
Stock
York
New
Last
Sale Price
or
Friday's
Bid & Asked
Low
4%s 1962—April-Oct
Denmark (Kingdom of) extl
El Salvador (Republic of) —
3%s extl
3s extl
*73'/a
Jan-July
1 1976
.
——May-Nov
loan of 1924
1969
—April-Oct
on
3s
dollar bonds
bonds 1972
dollar
10-year bonds of
bonds
dollar
German
of
bonds
dollar
3s
1953 due
1953
bonds
June-Dec
„
*
76%
97%
97%
4
41
76%
A 6s
2
81%
81%
72
96%
69%
79%
82%
(State
(Young loan)
2
72
70
H'SVa
35
87%
A4%s
89%
67Va
1
64%
69
Taiwan
A5%s
§AExternal
5Altaly
Japanese
19
13%
2
160%
165 %
78'%
80 Va
April-Oct
Jan-July
16 Va
3
61
61
99
5
101% 101%
61
§A6s
58%
101%
56%
jan-July
60%
*192
100Vb
63
of
1899
§ A Large
due
*170%
"l
104
175%
98
13%
17
*50
51%
47%
assented
*14
__
51%
Southern
Co
13%
16
4s
A
(City of)
*19%
*19%
18%
—
18%
extl
.
18%
5s
*13%
14%
13%
13%
*17%
18%
17%
*17%
18%
.
*20%
21
20%
20 %
114 Va
„
20%
(30-year)
85
85
85
85
U: a 6
21
■
—
__
18 Va
21
1
18 Vi
18%.;
*180%
:'
20%
i
24
7
17%
19%
—
—
179%
181 Va
100
*99
99
95
COMPANIES
90
93
90
93
28
93
*95
.
II
94%
95%
.
4^" 5l'.
90
90
90
98%
98%
98%";
116
23
I '
115% 118%
*73 Vi
•
97'A
81 Vz
90
99%
97
76
75
•:
112 y4
123%
73
i
74 Va
96
97
53 V
95%
98
95%
96 Va
45
95 Va
98%
90%
90%
9
88
93%
103
105%
103
99
to
*45
1959ITMar-slpt
*71%
JSril
Feb-Anl
99 Va
104 Va
34
16
99 Va
100
98'A
99%
Mar
c™*
*40 Va
*78
78 Vz
101
99%
171%
172
96
94'A
96
70
67
39
82
77%
79%
78%
76
to
Plan
79%
76
17%
reduced
external
to
A
23
25
__
21
21
24
21
21
Jnn
TnW
*48%
7
Jan-Tnlv
*46%
*72
(interest
*54%
*" Feb-Aul
(interest"
pph
Aun
0
1946—
9
*63%
37%
37%
ADril-Ocf
10
50%
*64
Oct
gold~1968—IIjime-Dec
(interest
Tim*
1926""die"
19eel""M?y-"noS
2.375%)
2001
—l^May-Nou
1957—May-N™
2012
pursuant
xr
50
91
24
86
88
88 %
32
85%
91%
46
128%
135%
266
100%
100%
122
93%
97%
1971————
debentures
conv
———
1984————— .Mar-Sepf
debs
-April-Ocf
1967
debentures
debentures
to
2.5%)
Plan A
1999
page
1969
debentures
first
Arbor
_Jan-July
Plan
88
91
3s 1962..
——_____——_
——
96%
—Feb-Aug
92%
92%
1984—
.
"
r:
90%
99%
92%
93%
128
88
94%
92'A
13
89
95
97 Vi
d71%
94%
88
75%
76
98
88
98
*81
72%
88%
81%
■
92
76
76
>:
35
97%
98%
84%
81%
75
77
80
80%
75%
91
71%
78%
95
19
94%
97
—Feb-Aug
102%
102% 102%
33
100%
102%
.April-Ocf
_______—~
102
102
103%
37
102
106
99%
3
100%
100% 100%
37
99f%
21
90
93%
99%
_May-Nov
1995———
Ry 3%s
1
Air
„
*90 VB
.Mar-Sept
1976
1995——
Charl
&
95%
*97%
Topeka & Santa Fe—
4s
96%
133
,
48
19
.
100% 100%
_April-Ocf
.Quar-Jan
.April-Oct
_May-Nov
1995
deb
sub
.
132
_June-Dec
1960
1977
1966
5s
inc
5s
debentures
debentures
.June-Dec
1964
99%
102%
93
1963— _May-Nou
Line
1979
90
.Mar-Sept
91
2
93
103 Va
97%
97 Vi
97 %
98 va
..Jan-July
92
92
90
92%
..Jan-July
*93
94%
93 Va
96
.Jan-July
.Mar-Sept
——
b.:
mtge 3%s
cons
47
4%s
conv
& Electric Co—
Bell
ref
mtge
Telephone
f
s
of
65
37%
39%
38%
40
58%
70
70
46%
1
*74
56
70
45%
46%
A6%s s f debentures 1959
Boston
First
,T.
1980—
78%
82 Va
129
78%
84%
75%
74%
75 Va
74
74%
79
58
100 Va
1
91%
7
75%
49%
60
.
5s
subord
4Vis
conv
100A 101
93%
93%
152 Vi 152%
3
*142
89%
*__
*89%
141
146
*88'A
Mar-Sept
—
13
90
75
*70
48
A5s
117
59%
1981
Buildings 5s gtd 1960
1982
C
California
55
57%
*56%
60%
54
95
90
56%
Electric
California
Oregon Power 3 Vis
Power
consol
94%
debenture
Clinchfield
Carthage
Case
92
first
3s
,982
—
__
23
75%
735
68%
48
48
55
40
*82%
83%
—
*96
98
1962
(J I)
&
&
(perpetual)-.
Ohio
Adirondack
Ry
Jan-July
75
79
93
*82
72
48
58%
90
92
83
86 Vi
104
33
94%
97
85%
87%
;
60
111%
124 V2
i
,
100%
101 y4
5
•___
91
82
83
101%
77
67%
114%
.93%
82%
86
100% 101%
104
104 352
24
100%
103
16
103 ^5
104'A
95%
54
94
100
2
94
102
98
101%
4s
1965
Mar-Sepf
100
4s
1981
June-Dsc
Feb-Aug
*63
70%
63
65
*__
78%
79
79
April-Ocf
April-Ocf
*83
87
82
86%
79
82%
3%s debs 1978
Celanese Corp 3s debentures
3%s debentures 1976
May-ZVou
ApriZ-Oct
Jan-July
90
89 V4
106
87%
122% 124%
91
Jan-July
87%
158
85
95
101% 101'A
A
124%
-
91%
196
109% 114
*__
142
87
90
*91
122%
129
75
77
67%
112%
93%
133'A
154
86
91%
68%
1976—June-Dec
1974__
gtd 5s A
Canadian National Ry gtd 4Vis 1957;
Canadian Pacific Ry—
Carolina
95
*110
June-Dec
general mtge income
Canada Southern consol
94%
'
.
135
87
89
149
90
103%
126
*132% 150
Co—
1972
debs
subord
Bush Terminal
46%
115
debs
84
90
5s
Feb-Aug
Buffalo Niagara Elec first mtge 2%s 1975_May-Nov
Burroughs Corp—
~
conw
84
84
*85
100,
RR—
mortgage
I
94%
May-Nov
1
Co 2%s debs 1981—
Maine
79%
1970
1976
series AC 1967
_Mar-Sepf
First mortgage 4%s series JJ 1961
April-Oct
First mortgage 4s series RR 1960—
Jan-July
A'Inc mortgage 4Vis series A July 1970_May-Noo
Bristol-Myers Co ,3s debentures 1968
-April-Oct
Brooklyn Union Gas gen mtge 2%s 1976_Jan-July
lst mortgage 3s 1980
;
Jan-July
Brown Shoe Co 3Vis debs 1971
Jan-July
4%
"
(The)
&
82
79'A
1961_May-Nov
Jan-July
May-Noo
mortgage 3s series K 1979——-—Jan-July
series I
Consol mortgage 2%s series J
debentures
89%
77%
53
June-Dec
—-Feb-Aug
Bethlehem Steel Corp—
Consol mortgage 2%s
conv
84
40
81%
April-Oct
Brunswick-Balke-Collender
75%
60
*47
*57%
debs
2 Vis
1951
6s
debentures
38
79%
,
70
*69
46%
f
s
Jun-Dee
C 1960—April-Ocf
1955
Electric
City
§A6%s
89.
78%
80%
Jan-July
3%s 1990
Pa 5s series
Loan
87%
79 Va
81
87%
'
•
1989
lst & ref M 3s series Z
lst
Jan-July
debs series A 2010——
Baltimore Gas
53
62
.—Feb-Aug
cons-
Borden
__
__
.
A 1970—
ser
mtge 4s ser B 1980-——
Mar-Sepf
lst cons mtge 4%s ser C 1995—-—___—Apr-Ocf
4%s convertible income Feb 1 2010—_—i——May
1st
Consol
A
"(Interest
__
31.
Co
&
97%
100%
AprfZ-Oct
-April-Ocf
—
gold 4s July
P W Products Co
132%
..Apr-Oct
1990
1985
::
II
*92
May-ZVop
to
externa?U1950^° 2'5%) 19"
see
87%
ABerlin
87
(interest
secured sinking fund
Stamped pursuant to Plan A (interest
footnotes
96%
._Feb-Aug
87 Vi
1st
50%
46%
Plan A
A
22
Stamped Sant tonlTlTmZZtMaV^OV'
reduced to
to
84
91%
—
Baltimore & Ohio RR—
24%
17
47
__
*115
pursuant
84%
78%
53
3%s
22
21%
*80
Anril
^^Ped'pursuant4 to~~Pran~ A^*'Une ^e0
stamped
80%
7
94%
—
4s ser A 1980-—IZ
—
Gen mtge 4%s'ser C 1972———
General mtge 3%s series D 1980_i___—
Atlantic Refining 2%s debentures 1966—.
26%
17%
(interest
2012
Stamped pursuant to Plan
to 2%)
(State of)
3
81%
3%s
_—"^April-Ocf
A
Plan A
to
of
reduced
82
81
93%
Beneficial Industrial
1999___
2%)
loan
1921
to
to 2.5%)
^sf Sal sinking
Stamped pursuant
81%
1987
Stamped 4s July
22%
*21
--Jan-July
_
pursuant
108%
80%
81 %
Atlanta
78%
A
2%) 2012
Grande do Sul (State
of)—
SA8s external loan of
102%
20
.June-Dec
General
80
*90
to
85
..June-Dec
debentures
3%s debentures 1973
44%
—
*23
"
2006
reduced to 2.375%) 2001_
8 A External secured 6%s 1953
107%. 1U8'A
67
78%
*22%
sf lgielllll'ApYiLOct
Plan
lud
79'/a
Atchison
100%
99
*168
Avril net
of)
123
84%
Gen mortgage
*90
to
106%
(interest
1968
Janeiroa(City
115
78
4%s
100 %
95 %
80%
117% 120'A
83
4 %s
101%
97%
*66
77
118 %
78 %
Armour
96
91
90%
84%
83%
1986———
Associates Investment 3%s debs 1962
99%
*99% 100
133
.
_April-Oct
-Jan-July
.April-Oct
debentures
9933
8
2
79
42
82
——
44%
4
16
86%
——
81%
Ann
99%
99%
78
84 Vi
89
81%
72
99%
*168
rMav-Non
2008
A
reduced to 2.375%) 2001
stamped pursuant to Plan A
reduced
—Feb-Aug
45
99%
99%
__
77
84%
;
—Feb-Aug
Atlantic Coast Line RR 4%s A
fS
ZrjJ™
(City of)
stamped pursuant to Plan
reduced
1977
43
99%
-Jan-June
VZZ—
& Telegraph Co—
72
__
99%
rM«r
196811""
2.125%)
Stamped pursuant
debs
43
47
_Mar-Sept
91
*95
1964_ _May-Nov
1981—__________ _Jan-July
Nitrate Corp 4s
Anheuser-Busch Inc 3%s debs
99%
Mar Spnt
Plan
pursuant
subord
conv
*89
Foundry Co—
3%s debentures 1977
1947____-iMar-Selt
to
1966— -June-Dec
99%
(interest reduced to
2.25%)
For
96%
104 Va
Anglo-Lautaro
Mar-Sent
;
1958
extended to
(State of) 7s
assented
reduced
92%
1982
..Jan-July
3%s 1970— _May-Nov
Ltd
debentures
1980
debentures 1975—___—
3s
2008:
fund 6%s
pursuant
Stamped
4
90%
debentures
debs
conv
3%s
117
1958—Mar-Sept
Alegre
5A8s
96 Vi
_June-Dec
American Tobacco Co debentures
ii4^te«r„SklSl3!u.,:d 8oW
1936
96
95 Vz
■
__
..Feb-Aug
&
3%s
21
-
!AStablllLt"oyoaL^5k8tu^-^-i9lr:ApPrr!f:8^
8s
1964__
Corp. 3%s s f debs
3%s
*114%
sink
3s
2%s debentures
*21
Bao Paulo
95
96
87%
2%s debentures 1982^___.^_—
'18%
*77%
M^
87%
90
"l
2%s
17%
lis" T9_52-7—I_II-—ApPfzIoct
A*NV?epublIc«of) external 7s 1959--Ma£se£i
A Nat loan
eXH 8 / 6s lst series 1960—June-Dec
7s
_May-Nou
1981
2%s
21
2.125%)
loan
SAPemambuco
A 7s
23
93
_Mar-Sent
2%s
*20%
1958
Stamped
91
93
_May-Nou
1972__. —Jan-July
__;
Canada
American Telephone
Jy
saw
?a Bank extl sink fund 5s 1970 ~June-Dec
f)rw?neigi (City of) 65 I952_l_l„:i-Peb-AuS
~
g
R1®
of
Co
Airlines
subord
2%s
(1942"aglelrtrr963ljan"-ju7y
Oriental Development Co Ltd
§A6s extl loan
(30-yr) 1953
6s due 1953 extended to
1963_
Stamped
89
II
1967__
3%s
sinking fund debentures
4%s
-.—Jan July
I
8ARk> de
3%s
mtge
1979
American Machine &
—
.
External sinking fund old
4'As 1965
Avril net
4'As 8 f extl loan new 1985_____
Oct
4s sinking fund external
loan 1963lIIII:
1»8«
100%
34
._June-Dec
Foreign Power deb 5s 2030
4.80s junior debentures 1987
A
(interest
debentures
American
Jan-Tniv
_
6
18%
—
*45
VAs
f
s
American Bosch
3%s
■
1st
subord debs
conv
4V4s
(interest
reduced to
1961
Feb-Aug
Susquehanna RR 4%s 1975___ .April-Ocf
4%s conv subord debs 1970__ -Mar-Sepf
Aluminum
i963~JaV-JuIy
agree't)
Afit»S/Xi! sinking fund 6%s
Stamped pursuant to Plan A
8s
186
97%
99% 100
1961—__June-Dec
—Apt-Oct
Allegheny & Western lst gtd 4s 1998
_April-Ocf
Allied Chemical & Dye 3%s debs 1978___._April-Oct
agree_
Minas Geraes (State)—
Porto
&
Inc
American
*19%
__
ASmaTl aS6Cnted
A4%s
182%
*184
Allegheny Ludlum Steel Corp—
14 Va
June-Dee
1922
______
reduced
99
94
—
99%
IIAL
"
agree't)"
_
1933
A
Stamped
Feb-Aug
extended to 1971
1961
Great
3s
of" 1913"\aise~n t~e~d~To"T92V
6s
extl
91
i
(Dept of)
'26
Aluminum Co of America 3%s
i—HIIIIIIIIIIIIII
(assented to 1922
___
agreement)
due
of
6s
Power
------
IIIIIIIIII~~~~'
ASmallassented
A5%s
of)
(City
Alabama
agreem't)'" 1~945~Quar-Jan
(1922
A
5 Vis
1978 Feb-Aug
Jan-July
15
Quar-Jan
§ Asmaii
ASecured
external readjustments
Alleghany Corp debs 5s ser A 1962
assented (1942 agree't) 1968_Jan-July
§ A Milan
96%
91
—
91
100%
~"~"
8 A 4s of 1910 assented to
-ment) 1945
§ASmall
94%
__
1954
8 ATreasury
92 Vi
.
1945
_
A Small
a^4s
25
May-Nov
external readjustment 1984
6s due
-May-Nov
"
A 4s of 1904
*
93
*98%
.May-Nov
1979_.
1979
lst mortgage 3'/8S 1984
A5ALargeaSSented <1942 a8ree'^ 1963-Ja~n-J~uly
•
96%
_
SALarge
§AStnall
due
92
May-Nov
May-Nov
6s 1964-—bond of 1937) —
(dollar
readjustment
Aldens
§ ASmall
5A5s
June-Dec
sinking fund
conversion
Albany
1943
26
1946—_Feb-Auy
external 8s
Alabama
Jan-July
20%
93%
*85
June-Dec
—
——
AYokohama
June-Dec
1978
18
92%
—
(City) external 7s 1958
A4%s assented 1958
193
100%
175%
*4
—
100% 100%
*14%
April-Oct
1954
_
on
coupon
Valle Del Cauca See Cauca Valley
___i.__.__
(Republic of)—
1952
(Republic)
4s-4%s-4%s
120
191%
100% 102
3
*163
A Warsaw
ArJew assented (1942 agreem't) 1968—Jan-July
ASmall
1968
SA5s
1
External
3 %s
117
—
18 Va
April-Ocf
—April-Ocf
—
$ series 1953-;
extended to 1963
AExternal
*116
*116
58%
24
18 Va
9i;%
18%
*164
3%s-4%s-4/gs external conversion 1978-June-Dec
1
61%
102 Va
21%
,
.
External
61%
-June-Dec
_
bonds
14
191%
100
—
24%
*22
Jan-July
Jan-July
AE'xternal sinking fund 6s 1960
62 Va
*115
Jan-July
1952
6%s
60%
60
191 %
,
*98%
June-Dec
—June-Dec
lst mtge
1953
8s
P
Mexican Irrigation—
§A4%s assented (1922 agreement)
§A4%s small 1943
Mexico
"188
June-Dec
-—June-Dec
1958—
Tokyo Electric Light Co Ltd—
3%s-4s-4VbS
Jan-July
f 3s 1977
$
__
{AUruguay
Mar-Sent
Via(Colombia)
JS,tate Mtge BankJ 7s 1957
f
15
Co
*
March
95%
15
s
(City of)—
§ A With
17
16%
_
s
15%
for Public Works
.
AMedellin
16%
*84%
A
3s
(40-yr)
88
".
12"%
5%s due 1961 extended to 1971_
18
Jan-July
(Kingdom of) 7s 1951—
(Imperial Govt) —
30-year
Tokyo
122
165 % 165%
6 %s extl loan of '24 1954____
Feb-Aug
6%s due 1954 extended to 1964—
Feb-Aug
A5%s extl loan of '30 1965—
_~May-Nov
5 Vis due 1965 extended to 1.975
——May-Nov
a
118
2
April-Ocf
f 3s 1977
7s
*92
13%
4%s 1965
Ltd—
of)
94
13%
June-Dec
Power
87
13%
f 1971
5%s due 1971 extended to 1981
135
April-Ocf
1946
1947
s
121
16%
Feb-Aug
6s
Public Utility Institute—
30-year gtd ext
Electric
92
14%
1958
(Union
Africa
High
1962—_May-Nov
external
external 7s
assented
Low
14%
A5%s extl loan of '27 1961
121
May-Noo
of)
s
132
(Prov of)
Range Since
Jan. 1
No.
May-Nov
1962
secured
i
Sold
Jan-July
§A5s sterling loan of '12 1952——Mar-Sepf
Italian Credit Consortium
B
series B
Bonds
High
"89
Jan-July
2004
1968
loan
external
Friday's
(interest
6%s due 1952 extended to 1962—-
73
87%
*134
June-Dec
....
§A7s series
or
Bid & Asked
Mar-Sepf
Shinyetsu Electric Power Co Ltd—•
§A6%s lst mtge s f 1952^—
—
1965—
&
30-year gtd ext
secured
A7s
99%
67Va
88 VB
April-Oct
1949
dollar
Week's Range
Low
1956———
2.25% )
to
external
Last
Sale Price
Stamped pursuant to Plan A (interest
reduced to 2%) 2012
April-Ocf
Serbs Croats & Slovenes (Kingdom) —
76%
65
67%
♦67
June-Dec
funding 4%s 1966
Heidelberg (City of) ext 7%s 1950.
Helsingfors (City) external 6%s 1960
Italian (Republic) ext s f 3s 1977
Italian
reduced
75'/a
71
South
paid 1964
part paid I960,
SAHamburg
Period
continued—
of)
(State
external water loan
ASilesia
part
A6s
97 VB
1963—Jan-July
1980_
5%s loan 1930 due
Greek Government—
Conv
72%
70
19
(extl loan 1924 Dawes loan)—
§A7s gold bonds
Paulo
7s
100%
1930—
1972
Interest
Exchange
Mock
—
_Apr-0cf
German Govt International
A Is
99%
issue—-*
1972
International loan
5s
20
Sao
High
1936
Conversion
dollar
4s
,„v
Low
Yorn
New
A8s
April-Ocf
—
fund issue
3s conv &
Prussian
No.
—
76%
sinking fund 1973
(Fed Rep of)—Ext
5 Vis
3
BONDS
Jan. 1
*70
*18Va
German
MAY
ENDED
Range Since
Sold
High
99 Vz 1001b
of) 7s 1967————Jan-July
Main 6%s 1953
—May-Nov
(Republic
SAFrankfort
4%s
1 1976—Jan-July
dollar bonds Jan
f
s
WEEK
Friday
Bonds
Stamped pursuant to Plan A
f dollar bonds Jan
s
AEstonia
99 Vz
FOR
Week's Range
1965
79
79 'A
_3
Number 5635
Volume 185
(2121)
The Commercial and Financial Chronicle
...
EXCHANGE BOND RECORD
MEW YORK STOCK
RaNGE
:
Week's
Friday
Interest
BONDS
Central
Ui.ui;.u
ox
First
k-Gen
A Gen
mortgage
of
Central RR Co
Central
New
Central
Pacific
First
series
3%s
os
debs
Gfeac
AGeneral
inc
14
86 Va
91'A
•
85%
A 1980Vis income debs 1995
—.
14
83%
3
79%
85
74'A
4
72%
77 7A
59'A
59'A
2
59
65
59%
59%
2
59%
66
81
82%
9
81
85
106
8
C
76
59 Va
65%
58%
57%
58%
144
55%
61%
69
69
76%
68%
3%s series E 1969___Feb-Aug
series G 1974Feb-Aug
2%s 1959__
:
April-Oct
I960
:
—Jan-July
"
4s
debentures
3s/8S
debentures
4 Vis
1970-.
;
1971—
debentures
Cities
Service
City Ice
3s
Co
General
gold
General 5s
..
1993—.
4s
series
St Louis Ry—
&
67%
11
66
69
63%
9
63%
70
1990-May-AZou
Cleveland Electric Illuminating 3s 1970
Jan-July
Mar-Sept
.Jnne-Dec
—
May-Nov
Cleveland Short Line first gtd 4%s 1961— April-Oct
Colorado Fuel & Iron Corp—
/
^
4%s series A s f conv debs 1977-2
Jan-July
Columbia Gas System Inc—YYv'YY Y.Y
,
mortgage
debentures
3s
debentures
series
3 Vis
debs
38/8S
debentures
3%s
series
subord
1981
series F
debentures
1981
debs
conv
86'A
86 Vi
3%s
conv
,
series L 1977—'
First mortgage 3s series N 1978—
'3s sinking f(ind debentures 1999™
mortgage 3s
;
f debentures
2%s
s
'
Feb-Aug
June-Dec
April-Oct
f debentures 2001
refund
mtge 2%s
ser
and
refund
mtge 2%s
and
refund
ref
1st
&
1st
&
ref
1st
&
ref
1st &
M
&
1st
3%s
series
H
3'As
series I
ref
ref
3%s
M
M
4'As
1st
ref
95-
95
*84'A
1st
ref mtge
Consolidated
s
3 Vis debentures
3Vis
1979—
debentures
<
88%
—
81
101'A
77%
64%
67 Va
86 Vi
90
95
91%
96
86
85 %
8^'
84
93
Feb-Auy
inc
cum
in
U
Consumers
debs
(stpd as
dollars)
S
100
98%
228
101
%
104%
91
88%
88%
87'/4
b9%
89%
92
,
90
20
88
94
93%
5
89
94%
97%
97%
4
102%
103%
93%
Continental
Baking 3s debentures
3%s subord conv debs 1980
133%
89
Continental
Can
3%s debs
Continental Oil 3s
Crane
Co
Crucible
Cuba
3%s
s
Steel Co
1976
91%
f
debs
1st
A 1st
mortgage
4s
(1942 series)
1970—
87
79
84
May-Nou
94%
<93
88'A
113%
*87%
81
99%
85
*94
4'As
conv
4s
conv
.
.
2
Associates—
:
4s
debentures
83'A
3s
debentures
4
debs
3
89
81
A
Corp—
89%
General
Motors
General
Realty
88
85
90
86
89%
87%
93%
.
36
93%
18
94%
25
93
96
~3
38
90'A
94 %
94
Grace
95'A
97%
Grand
178'A
108%
87%
87
85
82%
85 Va
*90%
88%
95%
10
89%
96
1
87%
89%
87%
—
—
96
87%
"
•
~~
(B
88%
87%
88%
14
85%
91
93 3A
93%
25
90
93%
103%
134
95
104'A
103%
103
*90%
__
8 8'A
89
94
88%
1
*89
92
86%
93
88 %
*88%
..
—
*40%
—
109'A
1117A
85 %
87%
4
.
,
85%
85%
93%
—
93 Va
92%
62
93
115
•
^"Y
.
15
140
130
'
^
92
130
89
89
100
103%
101
100% 102
71%
71
17
101
——
74%
•
■
♦72
72%
90
91
75%
73
I 68%
68
68%
68
74%
„
l".
34
r. -
-
—•.
73
67%
74
88
88
I
122
125
125
98
98
98%
9
110%
34
96%
—
84 %
93%
91%
103%
98%
*86%
93%
►100
1177A 118
11
94'A
*—
115%
94'A
127
98%
86
T
90%
100
124%
95 %
101
101
Union
92
—
—
—
89 %
88%
89
35%
41
114% 115
—I
132%
118%
109
117
135%
443
111'A
138%
130
97
97%
51
96
98%
97%
10
92%
97'A
100
100
100%
125
96'A
66
95%
99
09
99%
166
,98%
7
90%
—
~
94%
91
190%
94%
90%
27
89%
95
93%
95
36
90%
95%
95%
95
93%
95
Li
90%
94
92%
94
42
90 7A
90
92
92%
*91'A
<■-—
'
104
93%
*—
94
—
-
—
296
100%
93%
"I
93%
96%
108%
134
99%
110%
103% 104%
937A
93
108%
7A
107
—
__
105%
135
143%
104 %
108%
102
105
Mar-Sept
108% 108%
—Jan-July
Jan-July
Jan-July
Jan-July
P 1982—.Jan-July
Q 2010
Jan-July
R 1961
Jan-July
ctfs A
Feb
Feb
mortgage 3'As series N
General mortgage 3'As series O
series
General mortgage 2%s series
General mortgage 2'As series
AGreep Bay & West debentures
A Debentures certificates B
-
98%
101
89'/2
'
.
General mortgage 2%s
101
*83
__ApriZ-Oct
Company—
General
99%
957A
__
;
1981
conv
'm—
April
April
1st
May-Nov
Gulf States Utilities 2%s 1st mtge 1976—-May-Nov
First mortgage 3s 1978
—April-Oct
3s debentures 1969
Jan-July
First mortgage 2%s 1979——
—June-Dec
First mortgage 2%s 1980
.....June-Dec
1st mortgage 3%s 1981
—May-ZVou
1st mortgage 3%s 1982
June-Dec
1st mortgage 3%s 1983
June-Dec
77%
15
1
104
9
79
*75%
—
—
77%
79
75%
76
77%
77%
14
74'A
67'A
67%
1
65'A
68'A
94
67%
94
2
92
94
77%
72
85%
"2
mtge
67%
67%
67%
*83
94%
67%
72%
90%
84%
105
72
85'A
92
*
15%
19%
90%
15'A
15%
84%
*72
&
mtge
104
77%
1990
2000
Ohio RR—
inc 5s series A July 2015
inc 4s series B Jan 2044
& ref M 3%s series G 1980
Mobile
108
29
97
97%
Northern
General
34
114% 114%
115
&
F)
General
26%
1972
1975——
Corp
subord debs 1969
Ry Co—
General 5s series C 1973General 4'As series D 1976—
87%
292
Mar-Sept
Jan-July
Jan-July
Mar-Sept
Mar-Sept
Jan-July
Co first mtge 2%s 1965—May-Nov
(W R) & Co 3'As conv sub deb *75_May-Nov
3'As
Great
88%
96
195
.AY
.
April-Oct
May-Nov
Jan-July
1961—
1964
4%s subord debentures
Goodrich
104%
87%
87%
95%
146
♦100'A 102%
Jan-July
.April-Oct
General Tire & Rubber Co—
94%
93%
109 7A
*
93'A
121%
124
*89%
3'As debs 1979
Utilities Corp—
A 4s conv income debentures 1969
Mar-Sept
General Shoe Corp 3.30s debs 1980
Mar-Sept
General Telephone Corp 4s conv debs 1971_May-Nov
92'A
102
debentures
3'As
92
175
180
109% 109%
—
107
234
96
*112
May-Nov
1969
3%s debentures
91%
5
*85
109%
—
101'A
'
136% 139
102
April-Ocf
1981
1960
debentures
85
10
93%
»
'
97%
♦94
136
1961
1958
debentures
debentures
87
94'A
90
96
-Y'A.
■.
—
*93%
1 2020——a
April-Oct
mortgage 3'As 1971—Mar-Sept
Co
3%s
80
90
92
102
>
Corp
80%
ii
90
4'A
99
92%
*85
Jan-July
-
3'As debs 1976
3%s debs 1976
General Motors Acceptance Corp—
Foods
8?
90'A
*89%
86%
86%
*
1971
debentures
Electric
General
85
10
84%
87%
87%
78
"Y;
,
1965
debs 1976
Transportation—
subord
84%
^
83%
90
109% 111%
86%
Feb-Auy
April-Oct
Feb-Auy
Mar-Sept
Mar-Sept
Jan-July
ApriZ-Oct
Dynamics Corp—r
3%s convertible debentures 1975—
787A
'•
0*~m
84%
*
135%
111
Mar-Sept
1977
subord
American
General
84
—
—
82%
.
76
431
95%
130
Co—
Gardner-Denver
3s
*867A
,Y
75
lV
—-
4
106%
133%
ApriZ-Oct
2%s
84%
'
■
105
93%
75
__
99% 100
106'/a
84%
91
*76
April-Oct
May-Nov
2%s debentures 1972
Jan-July
3'As debentures 1977——-—
—May-Nov
tFlorida East Coast first 4'As 1959'
June-Dec
AFirst and refunding 56 series A 1974—Mar-Sept
Foremost Dairies Inc 4%s 1980——
Jan-July
Fort Worth & Denver Ry Co 4%s 1982_—May-Nov
87%
81
84
92
*75
Jan-July
subord debs 1978
& Rubber 3s debs
96
*79
123
•
*_
May -Nov
1961
Tire
88
■
*82'A
100
157
*84
Feb-Aug
1986
Metallurgical
8 7'A
*
90
121% 123
121%
198
152
.
-Y'
—
95
196
3
94%
92
*87
*91%
II
*90
II
*88
RR—
A 1st
mortgage
4s
30
1970
ref
4s
series
A 1st
lien
A 1st
lien & ref 4s series B
Curtis
&
A
1970
1970
"
29%
29%
11
26%
30%
June-Dec
June
AImp & equip 4s 1970
6s
*83%
1965
General
90
19%
June-Dec
87
—Mar-Sept
1977
coll tr 3'A
&
10
109% 110
109%
99
May-Nov
80'A
1979
Fuel
&
subord
conv
Firestone
110%
22%
mtge 3 Vis '66_May-Nov
95
15
June-Dec
Stainless- Steel Corp—
102
Northern Rys—
Cuba
Gas
mortgage
Fansteel
.
May-Nou
1977
of Am
88
91'A
91%
91'A
87
1982
debs
2%s
215
21%
April-Ocf
867A
*87%
General
Jan-July
debs 1984
91
Inc—
Ohio division first
91'A
91%
*90
22%
Mar-Sept
90
85%
105%
5
91%
102
124
Mar-Sept
1965
88%
1
^A5s income debs Jan
Gulf
2%s 1975
2
90
99%
12
27
_April~Ocf
first mtge
Power
89
90
i
to payment
2001
89
90
V General mgte Inc 4'As ?er A Jan 2015—
April
First consol mortgage 3'As ser E 1964—April-Oct
"First consol mortgage 3%s ser F,1990-1Jan-July
First consol mortgage 3'As ser G 2000-1Jan-July
*
90
91 Ve
84
83
Consolidated Railroads of Cuba—
A3s
84
89
93
82%
97
93%
.....May-Nov
June-Dec
:
—'
87
Erie Railroad Co—
86%
"87
■t_
debs
mortgage 3'As
5s stamped
90%
88%
Jan-July
ApriZ-Oct
1968
'
'
—
•
1969
debentures
2.35s
subord
conv
4%s conv
Jan-July
April-Oct
1978—
debentures
3s
92
74%
100% 102
96
..Feb-Aug
—i
1976
■V
*99% 102%
101%
88
*
*88
|,
June-Dec
Edison El 111 (N Y) first cons gold 5s 1995_Jan-July
Elgin Joliet & Eastern Ry 3'As 1970
..Mar-Sept
El Paso & Southwestern first 5s 1965—April-Oct
(Bait)-
Power
23As
78
101/
__1
*80
June-Dec
f 2%s series X 1986
Natural Gas
—
*84
*93
.
1981
2%s series U
M
Yf- 84%
102% 103
1986.....
73
88
—-
»
4%s
debentures
Industries
mortgage
4'As
88
*
1986_
Gas El Light &
20
8
_
1963
86
72
74
— —
June-Dec
Tunnel
&
subordinated
Eastern
Y„..
64%
92
2%s series T 1976—
1st ref M
102%
9
1972.-.
debentures
conv
Consolidated
L
series
debentures
99%
90
_
1982
series M
4%s
convertible
3s
30
64%
1983
series K 1985
97%
93%
1981
92
81
*84
1995
subord
Chemical
1st
101%
93'A
64%
3%s series J 1984
3%s
ref
&
1st
G
89
2
:
Jan-July
1958
debentures
4s
Terminal
Eastern
99%
•'
15
1981—l.Feb-Aug
F
ser
series
M
M
1st & ref
mtge 3s
3'As
M
97%
23
Y'v 22
•
757/s
ser
First
1
81
97
..
B 1977_ApnZ-Oct
C 1972_J«ne-Dec
First and refund mtge 3s ser D 1972
_May-Nov
First and refund mtge 3s ser E 1979—
Jan-July
and
First
91%
81
88
74%
Compania Salitrera—See Anglo-Lautaro Nitrate
Consolidated Edison of New York—
First and refund mtge 2%s ser A 1982_Mar-Sept
First
gold
conv
1st
85
95%
*78
April-Oct
April-Oct
1999
s
87%
94
1:
9
128% 129
.
73 7A
June-Dec
mortgage 2%s 1980
1st mortgage 3'As 1982
1st mortgage 3%s 1983
1st mortgage 3%s 1984_,
101%
12
87%
97%
Edison Co—
2%s
95%
128%
3 Vis 1970—May-Sept
a—
May-Now
1
April-Oct
-/Y
.Y.""
subord debs 1981
June-Dec
convertible
1st
v,'
12
*100
3%s 1983—
1st mortgage 3%s 1986—;
Combustion Engineering Inc—
First
85'A
74%
mortgage
Commonwealth
■'Y:-'
94
Columbus & South Ohio Elec
1st
98
1
97
103%
1964—„_
67
91%
May-Sept
1982
I
1st
45
85'A
April-Oct
Jan-July
—Mar-Sept
April-Oct
April-Oct
;
series E 1980
4%s debs series G
3 Vis
--
86%
May-Nov
1977
1979
D
June-Dec
Feb-Aug
__
1975—
B
debentures series C
3%s
>
19751
series A
3s
I/;!'
101'A 101%
101%
£
_
92
"I
April
2%s ser J 1985
ser K 1976
debentures
convertible
4 %s
96'A
95%
mortgage
First
88
67
Jan-July
Duquesne Light Co 2%s 1977
97%
95'A
100'A 100%
100%
3s
93'A
85 »A
first coll trust 4S
2%s 1985
3%s 1986
First mortgage 3s 1989-;
First
s
3%s
Dresser
92'A
96%
mortgage 3s 1982_t———June-Dec
First
ref
Dew
96%
95
v
96%
.....June-Dec
-
&
4s
93%
93
Y'*
June-Dec
—
1993
B
96%
Douglas Aircraft Co Inc—
'
Refunding and impt 4%s series E 1977—Jan-July
Cincinnati Wab & Mich Div 1st 4s 1991_Jan-July
St Louis Division
-
86%
June-Dec
1966
debentures
Cleveland Cincinnati Chicago
•
Apr-Ocf
-Jan-July
:
1977—
f debs
s
Fuel 2%s
&
79
4
99'A 101
Mar-Sept
—
15
*
1961—May-Nov
Detroit Tol & Ironton RR 2%s ser B 1976_Mar-Sept
70%
76%
1
76%
Jan-July
Corp
mtge
Detroit
94
*92
0
98 7A
98
.:••••
1970
H
2%s series
•
Jan-July
92%
91%
67
A
(3% fixed
interest) 1993—
series
3s
ref
Second
70
53
503
70
69
76%
'
—
91
2
*88%
67
Feb-Aug
3%s debs 1971 (conv from Oct 1 1958)_Mar-Sepf
Gen & ref 2%s ser N 1984
:_Mar-Sept
Gen & ref 3'As series O 1980—
May-Nov
Detroit & Mack first lien gold 4s 1995™June-Dec
82%
3j
mortgage 2%s
Financial
A-
—-
90
96%
May-Nov
1 2042
tr 5s ser
refund
and
&
3%s
20
mortgage gtd
I T
Edison
General
3s
%
Terminal—
Union
First
First
92%
''
Lake—
Salt
Gen
61
Station—
•S;:y/
3Vis series F 1963
..Jan-July
First mortgage 27/8S series G
1963——-Jan-July
Chicago & Western Indiana RR Co—
1st coll trust mtge 4%s ser A 1982
.May-Nov
Cincinnati Gas & Elec 1st mtge 2%s 1975-ApriZ-Oct
Cincinnati
98
May
:
series A (4%%
interest) 2018
Gen
81
69%
High
lib
'
May-Nov
1973
C
mortgage (3% fixed
contingent interest) 1993
1%
59 %
mortgage
-—
series
M 5s
mortgage
&
Detroit
81
.
Chicago Union
1978
109
105
60% .;
81
63'A
2%s
105
'
81
66'A
mortgage
Denver
74'A
Mar-Sept
First
Jan. 1
Low
02
Co—
due 1993
4-6s May
contingent
contingent
81%
83
-
.
li*
mortgage series A
'
71
106
Chicago Terre Haute & Southeastern Ry—
First and refunding intge 2%s-4%s 1994-Jan-July
First
iz va
No.-
——
May-Nov
RR
1
'
Income
93
Income 2%s-4'As 1994—
80
65 %
83
59%
Range Since
Sold
'
Grande Western RR—
Rio
&
Income
101 %'
106
92%
4
8 6'A
6
67%
April
April
Denver
1%
9
114
High
Division
Essex
mtge & coll
First
81%
-YY Y'
Jan-July
RR—
2%s ser
mtge
86'A
65%
1 1999—April
Jan-July
mortgage conv inc 4Vis Jan
mortgage 3s series B 1989—
Chicago Rock Island & Pacific
1st
83%
8 6'A
86 »A
81 %
Western Ry—
Second
First
87%
*86%
65%
Chicago Milwaukee St Paul & Pacific RR—
First mortgage 4s series A 1994
Jan-July
General mortgage 4Vis inc ser A Jan 2019—April
4 Vis conv increased series B Jan 1 2044
-April
5s inc debs ser A Jan 1 2055
Mar-Sept
& North
101%
81%
A Jan 1983
A 2nd mortgage 4 Vis inc ser A Jan 2003
Chicago
997A
87
inc series
4s
96
47
100%
100
98
--■'I
*95%
100
1963
Western
&
(V
1985
May-Nov
1st mtge & coll tr 4%s ser B 1985
May-Nov
Delaware Power & Light 3s 1973
April-Ocf
First mortgage and coll trust 3%s 1977_June-Dec
First mortgage and coll trust 2%s 1979-Jan-July
1st mtge & coll trust 2%s 1980
.
Mar-Sept
1st mtge & coll tr 3%s 1984
May-Nov
1st mtge & coll tr 3%s 1985
■»
June-Dec
99'A
95
.'V/
1st
100%
96%
18
99
98'A
*97
reiund
mortgage
&
Collateral trust
91 %
91'A
4s
.
Pennsylvania Division—;
109%
85 %
Hudson
and
Morris
9 7'A
96%
105%
86%
1st gold 5s 1982
May-Nov
A 1988—Jan-July
1 2038
April
mortgage
4
8
87
Western 4s ser
mtge 4Vis Jan
First
95
10
extended
Lackawanna
91%
90
Chicago Indianapolis & Louisville Ry—
A 1st
&
,
r
York Lackawanna & Western Div
A Income
94
91%
96%
1977
Delaware
94
92
/.
;
May-Nov
2054
Jan
2
.
debs
debentures
debentures
New
April
May-Hoy
5s 1997
mortgage jJAs series B 1985
Chicago
92
Co
.
Delaware
91 Va
89%
3Vis 1985—Feb-Aug
2%s 1970—Feb-Auy
1990———Feb-Aug
mtge 3s
Chicago & Erie
89%
96'/4
reluxiding mortgage
income
57
85'A
89%
Jan-July
1989
Chicago & Eastern 111 RR—
AGeneral mortgage inc conv
First
77
5 <4%
105'A 107
consoi
lirst
consolidated gold 4s
ref
67%
7
'
First and refunding mortgage
1st &
3
194
89
98
Bonds
*91%
92
Jan-July
Chicago Burlington & Cjuincy RR—
General 4s la5d__——_—_™—_Mar-Sept
First and
92%
Jan-July
68
*94
99
Second
April-Oct
2%s
3 Vis
56
*91%
3'/is series H 1973__June-Dec
gold 4s 1989
..Jan-July
Refund and impt M
div
1965—:
suDord
&
Deere
93%
.
conv
4%
6-*
88%
1968____—Feb-Aug
J&n-July
Friday's
Low
Mar-Sep
June-Dec
79
3
,
or
bid & Asked
1977
Dayton Union Ry 3'As series B 1965_
54%
106
A
.yiL
Week's Range
Last
Sale Price
High
67'A
55%
Chesapeake & ChJo Ry General 4 Vis 1992 Mar-Sept
Refund and impt M 3 Vis series D 1996_-May-Nou
Reiund and impt M 3 Vis series E 1996__Peb-Auy
&
7u%
Inc—
periou
Daystrom
Low
No.
Exchange
btuM
Friday
Interest
BONDS
Yora
1
jan.
'
Feb-Auy
1974
A
Champion Paper & More ueo 3s latio
3%s debentures 1981
——
R
tl
*87
ApriZ-Oct
1974
3%s series B
mortgage
79 Vi
Sold
As-ei
Co—
Ry
refund
and
'First
•
3s
Power
Yorx
oc
79 %
—
Jan-July
*VzS series a «<an 1 Zo2o
May
4 Vis series B Jan 1 2020
May
N J <3%s 1987
Jz.n-Ju.ly
muii>b'Aoe
bid
New
Range Since
Bonds
rriuaj's
LOW
series A 1995
-±s
mortga0e
Sale Price
i-er.od
Exchange
aiDik
Yoih
New
or
,J'
WEErv E:\DED
FOR
Range
29
41'A
42
11
33
42
June-Dec
41 %
41%
1
34
41%
June-Dec
*41%
43
33%
41
94%
96
Jan-July
29%
—
•
—
Publishing Co—
subord
inc
debs
1986
April-Oct
95%
26
'93%
97%
kJ
Dayton Power &. Lt first mtge 2%s 1975—April-Oct
First
mortgage 3s
First
mortgage
3s series
First
mortgage
3%s
First
mortgage
3s
For
footnotes
1978
1978
1982
page
June-Dec
85%
4
83'A
87%
Mar-Sept
31.
—
—
*90%
Feb-Aug
1984
see
85'A
—
Jan-July
A
*
__
H
1976—Mar-Sept
/
Jan-July
Jan-July
Jan-July
Jan-July
3'As debentures 1958
Mar-Sept
4'As debentures 1968
Mar-Sept
4s sinking fund debentures 1978
June-Dec
4%s s f debentures 1977
Jan-July
JHudson & Manhattan first 5s A 1957—-Feb-Aug
AAdjusted income 5s Feb 1957
April-Oct
1949
Hertz Corp 4s conv subord debs 1970
Hocking Valley Ry first 4'As 1999
Household Finance Corp 2%s 1970—
§AHarpen Mining Corp-6s
,
94%
92
95%
89
85'A
89%
*
OO 0
—
80
82
15
108
131
6
108
110
~
Hackensack Water first mtge 2%s
131
123% 131
108
109
90
90
14
83
98%
99
22
98%
101
977/a
*
97%
"2
95%
103
103%
92
100%
101
100%
105%
55%
52 3A
55%
324
45
55 %
25%
29
471
20
29
28 7A
r
The
(2122)
30
NEW YOkK STOCK EXCHANGE
FOR
RANGE
Interest
BONDS
New
York
Feriod
Exchange
Stock
Last
or
Sale Trice
Friday's
Bid & Asked
Low
Illinois Bell Telephone 2%s series A
First
1981—Jan-July
June-Dec
Consol
Sold
1st mtge
3%s s I
3%s series H 1989
debentures
1980
Inland Steel Co 3 Vis debs
82%
National
90'/a
87 Va
subord
94
debs
Inter
Interstate
3%s
Oil
t
»
4Vis
New
Interstate
1st
93
Power
mortgage 3s
:
C^ar
Manufacturing 3%s debs 1975
96
15
95%
11
90%
96
99'%
100
104%
103'%
--
105
100
83
-
97
—
10
82 %
2
~
100
97
■
V
'
85 %
95
1974
N
1
86
0
—April-Ocf
1901—
mtge
3s
*85
83
96 4
99
48
"48
'
100
.
98,
1964
&
RR
registered
1997
N
89'%
•
22
95'%
N
3'4
■—
3%
3%
14G
146
*94 y4
3 %
4'%
N
1964.-
Lthigh Valley Railway Co
(N
Yi
A
4s
fixed
interest
E
2003..
May-Nov
interest 2003
Miami
Lockheed
3.75s
general
Aircraft
4s
series
2003
May
1962
Long Island Lighting Co 3%s ser D
Lorillard (P> Co 3s debentures 1963
3%s
82
%
82%
64
75'%
82
89
82'4
4
58%
58%
64
1
69
72
81
81
58%
66
"7
63
62
62
1
62
75%
75%
4
75 '4
%
4s
series
1st
3s
88%
101'% 101%
99% 100'%
-
*95%
1
100
17
101% 103'%
103
35%
95'%
95%
;Y15
95'4
*88
mtge 2%s
,
817%
3Vbs
1982
1984
81%.
;
—
■
119'/a
subord
1977
Maine Central RR 5y8s
Manila RR (Southern
_Feb-Aug
1978
Feb-Aug
May-Nov
Jan-July
-.Feb-Aug
Lines)
4s 1959
debentures 1972.
May Dept Stores 2%s
3%s-s f debentures 1978.—
3%6 s f debentures 1980
■-
92'4
Y Ontario &
series
-
Mar-Sept
Gen mtge
s f series J 977—
McKesson & Robbins 3y28 debs 1973
Corp
first
81%
*_
West ref 4s
First
mortgage
First
3%s
2%s
3%s
5
mortgage
*70
3%s
f debentures
s
f
s
—
88%
'102'% 103%
*93'%
Susquehanna & Western RR—
Terra 1st mtge 4s 1994
Mfnneapolls-Moline
6s
subord
Minnesota
Minn St
Mohawk
Power
First
Paul &
F M A N
(quar)
CO
1
87%
99
67
Prior lien
<fc
Texas
5s series
4%s
85
May
Jan-July
89%
88'4
3%s
debentures
ACum
adjustment 5s ser A Jan
1967—April-Oct
Pacific RR Co Reorganization
issues—
mtge 4 '/as series B Jan 1 1990
1st mtge 4%s series C Jan 1
2005—
1st
Gen
mtge income
mtge income
5s
income
4%s
A
ser
Jan
1
4%s ser B Jan 1
debentures Jan 1 2045
Natural Gas 3%s
s
f debentures
trust
4s
87%
2047
3s
2%s
debentures
1982
1986—2
mortgage
1979
82'4
National
4%s
3s
Dairy
series
debs
Distillers
For
B
1986
Co—
Prods
i
&
87
&
ref
M
33/8s
series
Y
1987
85
1st
&
ref
M
33is
series
Z
1988..
&
ref
mtge
AA
85
64
65
81
87
,88
6
85'%
93
f
W
X
61'%
64'4
CIVi
177
75
82
30
1984
2%s
debentures
1987
74
73%
1978
1983
3'.is
debentures
debs
debs
31.1
1981—
1988
Light
3s
series A
5s
54
54%
177
53'%
62 Vi
General
4%s
97%
97%
98
28
94
98
65
65
65
2
65
68
907%
90%
2
90%
91%
2
98
98
General
Peoria
&
60%
65
59
60%
77%
1
75
81
85
89
series
B
series
Eastern
A Income
59'%
1960
119% 123
50
1970—June-Dec
OO'/a
94
-
-
-
90Va
94
93 y4
90Va
-
94
93%
4s
first
April
5s
gold
First
'
88% uJ)2 %
3
92% .-94y3
89% /94V'a
First &
First &
.
■
•
1974—April-Oct
8.9
V91%
&
First &
123
10
11
92%
85
89%
87%
87%
87%
*82%
86%
*85
'
89%
'
'
87%
*85
MM
%
92
91%
.
_
93 Va
90V4
85
89%
84'i
86'4
84 Va
'
83
88 Va
91 Va
1
93%
85
-~M
92 V2
91%
95%
"
95
_
MM
21
97%
87%
101
MM
V'4 101%
89 Va
92'/a
'
MM
a
79%
7
86 Va
93%
94 Vi
104 V
82%
MM
MM
*92
89%
102 Vi
MM
*92
86'a
90
MM
72
83%
84%
•
MM
81%
*76'%
101
86%
84%
102 % 103%
-
88%
'
*90Va
-
88
85
90
MM
103rd
63%
91%
MM'
*89'% 101
— M
MM
12
86
87
84
•
'
MM
93%
92%
bOY*
85 Va
—
87%
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a.'.
86V2
•
85 V4
•MM
—
4
20
85
*85'%
:
-
87-%
87
'
—.
104%
MM
MM
3
64 Vi
91%
38
87%
D
101'/a
103 Vi
series
4 Vis
external
First
&
First &
refunding
refunding
refunding
refunding
-refunding
100 VA
102 7
11
100%
104V4
90%
91%
22
88 Va
94%
90 Vi
91
69 fa
70
97'%
97
57
57
57
88%
88%
88%
97%
3
105
,
56 V4
60 Vi
13
86%
92
1
102
95%
89
..June-Dec
,—
&
ref mtge -3%s
1983™
1985—
April-Oct
19
89 V4
*—
105
101
*—
—
•.
:
90'%
88
90'%
90%
94%
85%
84
89 %
84%
87%
88
88 Va
87 V
*90.
June-Dec
ref
92%
*83%
r
..Feb-Aug
Jan-July
<te
18
91%
—
89 %
*85%
89'a
91'%
May-Noo
^.May-Nop
:
95
74
96
*101
June-Dec
2
87%
69 Va
5
%
-
%t
3%s
105
105
Feb-Aug
Jan-July
1971
a
*
April
•1st
mtee
17
10
90%
69'4
Mar-Sept
-
1982
102
Jan-July
1977
2%s 1967—
2%s 1974
2%s 1981—
2%s 1978
90%
April-Oct
!
1974
refunding 3%s
105
!
series C
2%s
101
102% 103%
Jan-July
1960
19S0.
B
102
103 V8
April-Oct
1981—
4s
102'% 102Tb
Feb-Aug
Marquette Ry 3%s, series D 1980
Philadelphia Baltimore & Wash RR Co—
'
115 V'2
86%
'
.June-Dec
Pere
General
-
123
93Va
94%
32
89%
June-Dec
1965—
1968
Philadelphia Electric Co—
86
100 Va
89'%
April-Oct
mortgage 4Vis series E 1984
mortgage 3%s series F 1985
General
77'4
86
98
90
/■
June-Dec
1964
1975
sinking fund 4%s
General 4'/as
2
96
Pennsylvania RR—
Consolidated
86
44
•
Pacific Western Oil 3 Vis debentures
General
86
90
104 Vi
89
:.Feb-Aug
Feb-Aug
66'%
—_Feb-Aug
103
;
13
MayrNov
..2
54
98
97
*
70
98
13
89%
1985..June-Dec
—
80%
59 Vb
MM,
"3
•
61 Va
May-Nov
April-Oct
90
•
91%
Mar-Sept
58 VA
June-Dec
'
923i
:Mar-Sept
debentures
73%
y8
94
Vi 103 Vi
April-Oct
93
_
86
89
April-Oct
debentures
debentures
&
88
83%
92%
June-Dec
1986
1986
Power
90%
MM
100
June-Dec
Tel
Pennsylvania
83 V4
89
—
June-Dec
3Vis
73
76
86
87 Vi
96'4
.
June-Dec
debentures
debentures
82%
—
MM
0
4%s series
4%s
106
•
June-Deo
1984
3 Vis series
75%
75
1
87
s
debentures- 1991
—
10
85
103
96 V4
June-Dec
3s series S 1983
3%s
61%
89
*90
103 Vi
'
3Vis
\
80%
,
-i.
June-Dec
27hs
&
94 Vi
a
85
—
*85
2%s series T 1976
June-Dec
mtge 3%s ser U 1985 June-Dec
88
75 Vi
.
page
3 Vis
82 V
89
.
-
169
—.June-Dec
s
Tel
M
30
_
:June-Dec
2%s series P 1981
75
74%
88 Vi
104'%
'
.
V.(':
27/8s series Q 1980
June-Dec
3 Vis series R 1982——June-Dec
84
——
,,
97
94'%
e__
-
216
June-Dec
2%s
3%s
refunding 3Vis series I 1966
refunding 3s series J 1970
'
8
102
—
June-Dec
58
85%
15
84Vi
—
96%
June-Dec
1st
8
*82
""""
>
89'%
25
85'%
.
89
-
refunding
70
103"
*80
Electric Co-
&
59%
92
103
Jan-July
1st
59
86%
87%
May-Nov
94
102%
70
'
Jnne-Dec
series
97 Va
82'4
84%
83
*—
Mar-Sept
%.«
74%
_June-Dec
sec
1980
1982
62
*
1976__
footnotes
Gas
General
1981.
Products
debentures
mortgage
2%s
33/8s
3%s 1985.—
4Vis 1987
ref
95%
22
86
85'%
63%
June-Dec
1st &
y
99
84%
63
100
*81'%
"..June-Dec
84'/4
84y4
85%
Feb-Aug
1979—•
59
1978
Register
sub
mortgage
mortgage
mortgage
3s
1975
89'%
/
96%
Vi
„
*>
:
2
95'%
92
Mar-Sept
3s series N 1977
13
91
15
May-Nov
61'%
1986
debentures -1970
8 Vis
Natl
Cash
conv
National
mortgage
First
10434
89%
12
94 Vi
*—
June-Dec
82%
92%
70
j
93
85'%
June-Dec
89'%
92
64
92
*86%
April-Oct
58 Va
3'/2s 2000
& Tel 2%s
3s
1974
3s series L 1974
3s series M 1979
81%
100
1
17
64%
Feb-Aug
3s series K 1971—2
92
96 »/a
-id
92
,
94 Vi
J,
June-Dec
refunding
refunding
First & refunding
First & refunding
First & refunding
First & refunding
First & refunding
First <fe refunding
First & refunding
First & refunding
Chattanooga & St Louis
mortgage
1984
&
99 VA
90
r.,:/
first mortgage 3s
mortgage 2%s 1975
First
90
7
93
June-Dec
&
96%
95'%
92%
89%
68
94%
Mar-Sept
1975
First &
94
96
90
*63
Mar-Sept
1977—April-Oct
2%s
104
96
98%
92
64
April-Ocf
4%s
105
100
95
97%
,____Jn?re-Dec
1984
First
92
44
%
64%
Feb-Aug
3%s
102'%
89
97
Jan-July
3V8S
94
111 14
1)0
April-Oct
80%
\
95
1
Feb-Aug
1979
Edison
First
N
First
1974
1978
debs
subord
conv
Pacific
—
3y«
Nashville
2%4s
mortgage
2%s 1975
91
88
84%
105
*94
Jan-July
April-Oct
85
87"
—
May-Nov
Morris & Essex first
gtd
A 2047
ser
85
103'4
369
...Quar-Feb
;
mortgage 3s
83%
91 Vi
98
—.Quar-Feb
1984.
first
90%
84%
States Power Co—
mortgage
85%
89%
86%
102% 102%
*101% 104
Quar-Jan
84
~2
'
110% 111%
Quar-Jan
1
2047
first
90
77
:
May-Nov
1997
1997
registered
85 Va
90%
*90
111
1973—May-lVon
1974
P
103
80 Va
85
84%
__May-Nou
61%
Malone first
Mountain States Tel
debs
1973
58%
—Mar-Sept
gtd 4s 1991
Mar-Sept
Ry 3'4s series B
1966——Feb-Aug
(John) & Co 3s debentures 1958
&
f
s
debentures
2020——_I
Monongahela
Morrell
Feb-Aug
2030
4%s coll trust 1976
Mohawk
1983
f
registered
68'4
89'%
*81
Oregon-Washington RR 3s series A 1960—April-Oct
93
N5
__
—-
—
1972
s
1st
105
92
83%
90 %
*84%
mortgage
conv
First
91
104
—
—
100% 1003a
_Jan-Julv
Missouri
Gen
105'4
%
*91
Jan-July
mortgage 2%s 1980
Oklahoma Gas & Electric 2%is
—
Jaw-July
1978
82
*89
*92
4s
85
3
96%
Jan 1991—. May
1990.2—June-Dec
1962
D
47%
©
Pacific
1971
1962
series
62%
38%
72 %
; .4 72
Northrop Aircraft Inc—
RR—
A
4s series B
lien
vW
I
■
*
A
ser
first 4s
58'%
40
April-Oct
1980
3'is
mortgage 4s inc
Missouri Kansas
59
April-Oct
2%s
Northwestern Bell Telephone 2%s
3 Vis debentures 1996—
67 Va
103'4
94
95
April-Oct
Marie—,
4V2s inc series A Jan
Mfssouri-Kansas-T'exas
66
59
*39%
__
mortgage
First
95%
4
G7
mortgage 3%s 1983
First
80
%
73
mortgage 2%s 1980
First &
85'%
saulte Ste
mortgage
Prior
1986
83
*65
Jan-July
First
86%
April-Oct
Mining & Mfg 2%s 1967—
AGeneral
40-vear
~
81
Corp—
94%
Jan-July
_
50 Vi
''72
& cons mtge ser A 2004
Jan-July
mortgage 4%s series A 2019
Jan-July
Telephone 2%s series D 1982
Jan-July
Refunding moitgage 3Vis series E 1978—Feb-Aug
Refunding mortgage 3s series F 1981
Jan-July
Refunding mortgage 3s series H 1989—April-Oef
Refunding mortgage 3%s series I 1996
April-Oct
(Wisconsin)
100 Vi
Co—
f inc debs
s
;_1
.
45 Va
2%
Y
82
7
--
Feb-Aug
1972.
149
Y
94
77
—
88%
*90
1976
debentures
59%
48
»79
2%
mortgage
mortgage
First mortgage
First mortgage
First mortgage
4
Mar-Sept
1967
55'4
87%
First
94'%
8134
82
417
46%
48
Mar-Sept
77%
56:
84 %
85
81 Ve
\
55%
16
First
81
■
73 Va
81
I
—
86
First
93
i —.
76
84
84
85 %
(Minnesota)
76
95
86
•
77 Vi
Light first mtge 2%s 1975—Mar-Sept
Y & Putnam first consol gtd 4s 1993—April-Ocf
Y State Electric & Gas 2%s 1977
Jaw-July
88
68
—
*84'%
BO1/!
Jan-July
1969
95
1%
94%
80
98 Vi
Minneapolis-Honeywell Regulator
3.10s
1992
93
80
2%
Coll
89'%
97
Mar-Sept
sinking fund debentures
76
83
92
T7%
f
1st
1979.
l
4
11
First
-102
1969—Mar-Sept
.
47
Northern
119%
78'%
83
104% 105%
105%
98%
JUne-Dec
1969
■;
82
*80%
.Jan-July
June
o
Mar-Sept
^
78
ri.' 79
May
-
—
April-Oct
1991
Michigan Central RR 4y2s series C
Michigan Cons Gas first mtge 3V2s
*79 Va
92'%
77%
*—
60%
2
4s
97
90%
Merritt-Chapman & Scott Corp—
4%s debentures
2022
A
ser
87%
2%
3s
80
^June-Dec
4 Vis conv subord debs 1975—_Jan-Jwly
Metropolitan Edison first mtge 27/as
1974..May-Nou
First mortgage 2%s 1980.
—Feb-Aug
Michigan Bell Telephone Co 3%s 1988
83
92 %
56
62%
60
63'4
1%
99
85
75
84
*79
—Feb-Aug
mortgage 3s 1966
1 4
'
60%
58%
85 Va
2
86%
*—
2007—Jan-July
1973
A
66
60 Va
61
86%
May-Nov
1955
4s
General lien 3s Jan
100Vi
88
93'%
*79
May Stores Realty Corp—
Mead
A
ser
69%
63 V2
1
*59%
77%
80 VA
58%
61
•
74 Va
101
64
•>
—
*58%
V-v
Jan-July
Jan-July
1973
Northern Pacific Ry prior lien 4s
May-Nov
debs
51
-
...
Power &
Ohio
conv
60 %
May-Nov
4%s
inc
conv
4%s
mtge
.Feb-Aug
Macy (R H) & Co 2%s debentures 1972
65%
RR—
refunding mtge 4s
3 %s
91 •'
8
—
Feb-Aug
3Vbs
93'%
5
91'%
*93
1979-May-Nou
mortgage
99%
64
May-Nov
3 %s
117
101
2
—,
91'%
mortgage
76'%
2%
•
94%
85
1980—__Mar-Sept
227
—
94'%
1st
68%
95
32
June-Dec
Y
101'%
95%
98'%
85
1st
117
78
64
June-Dec
A
Ilartiord
&
AGeneral mtge
Northern
Vi
79
89
April-Oct
gold
70%
60%
Feb-Aug
Norfolk & Western Ry first gold 4s
1996—April-Oct
Northern Central general & ref 5s 1974—Mar-Sepf
General & refunding 4%s ser A 1974__Mar-Sept
72
St
5s
64%
April-Oct
1973—
68%
77
General
69
1
78%
Mar-Sept
Elec
&
Niagara
85
64
April-Oct
1978
second
West
B
Haven
99
64
70
v
April-Ocf
;
68
99
99% 100
70%
General
"
*76%
div
67
69
69
& Nashville RR—
First & refund
mtge 3%s ser F 2003—April-Oct
First & refund mtge 27/8s ser G 2003
April-Oct
First & refund mtge 3%s ser H 2003
April-Oct
First & refund mtge 3%s ser I 2003
Louis
85'%
"4
,.
April-Ocf
Louisville
Louisville Gas &
&
series
4%s
1976_June-Dce
1976
debentures
1986
3y2s 2000
gold
Refunding & improve 4Vis
debentures 1980—.
__Ma7y-Nov
debentures 1976
May-Nov
§ A Lombard Electric 7s series A 1952——June-Dec
debentures
70
85'%
Corp—
subord
63
61
General
May-Wou
4.50s
3s
80
3
CO
May-Nov
f debs '76_June-Dec
s
F
1989
88
64 7i
General
May-Nov
interest
conv
68 Va
N
73%
75
75'%
82
contingent interest 2003
May
A Series F 5s
contingent int erest 2003—May
Lehigh Valley Terminal Ry 5s ext 1979—-April-Oct
Lexington & Eastern Ry first 5s 1965
April-Oct
Little
__
85
75
4%s
Libby McNeil & Libby 5s
70%
2
—
85
*80
-Jan-July
fixed interest 2003——
ASeries D 4s contingent
ASeries
69 Vi
*80
Feb-Aug
mortgage 4 %s extended to 1974
Lehigh Valley RR gen consol mtge bds—
Series
Lack
New
—
1st
Series C 5s
72'%
4
—Feb-Aug
—Feb-Aug
stamped 1974
Lehigh Valley Harbor Terminal Ry—
1st mortgage 5s extended to 1984—
Series B 4 Vis fixed
72
June-Dec
5s stamped
series
90
64%
AGeneral
*80
1970—.April-Get
5s
ref
"
'
1st
Lehigh Coal & Navigation 3%s A
Lehigh Valley Coal Co—
1st &
Y
Y
IAN
Terminal—
1st & rel
3s
debentures
Harlem
AGeneral
146
—April-Ocf
1st mtge sink fund 3s series A 1963
June-Dec
Lake Shore & Mich South
gold 3%s '97—June-Dec
3'/?s
mortgage
income
1st
L
Dock
1980——.
Harlem River ,& Fort Chester-—
N
IAKreuger & Toll 5s certificates 1959——Mar-Sept
Lakefront
6s
Connecting RR 2%s series B 1975
50
"98
97
—
>
i.
97 Vz
Kings County Elec Lt & Power 6s 1997—April-Oct
1st
N
..Jan-July
„
Y
First
"85
J._
88
86
;
88%
Jan-July
1961—-.
"7
'
Y Central & Hudson River RR—
4 %s
8G
-
Koppers Co
64%
78
trust
Mortgage 4s series A 2043.:
Mortgage 4s series B 2043
96
June-Dec
Ry 23/4s
unguaranteed
Feb-Aug
———
100
Y <&
N
'
"
'
(Rudolpht 4%s debs adj 1963:
Jan-July "
Kentucky Central 1st mtge 4s 1987
——Jan-July
Kentucky & Indiana Terminal 4%s 1961—Jan-July
Stamped 1961
„.Jan-July
4Vis
series A 1998
April-Oct
4%s
88
83'%
—
June-Dec
1984
98
86
87
90
—
"86%
—
Karstadt
Plain
4s
April-Oct
First
—
61
86
■
J-'-
68
Refunding mortgage 3 Vis series E 1980—June-Dec
.
82'/a
92%
82 >%
"94
ZJ
97 Vu
...
& Mich 1st mtge 4s 1990
April-Oct
City Power <fc Light 2%s 1976
June-Dec
mortgage 2%s 1878
———_June-Dec
C
867 b
*—
huxy-Nov
Jan-July
Jan-July ;
1998——Feb-Aug
3%s registered 1998—
Feb-Aug
Michigan Cent collateral gold 3%s 1998_Feb-Aug
3 %s registered 1998
Feb-Aug
New York Chicago & St Louis—
93
90
92%
r-'104
Kanawha
mortgage 2%s 1980a
City Southern Ry Co—
97%
88
93%
104
__
General mortgage 3%s 1997
3%s registered 1997
Lake Shore collateral gold 3%s
N
Kansas
90
Central RR Co—
Voric
93
101%
101
*73
Mar-^'epf
96%
38
*31%
Collateral
N
5
High
88 %
33
*—
Refunaing & impt 5s series C 2013
Kansas
Kansas City Terminal
....
Low
2
93%
*—
Refunding & Impt; 4%s series A 2013—-April-Ocf
97'%
95
K
3 Vis series
jersey
Jan. 1
No.
101%
101
Mar-Sept
oan-Ju/y
Feb-Aug
Bell Telephone 3Vs8 1988
Junction RR gtd first 4s 1986
Consolidated
92'%
92'%
96
1959—June-Dec
1st
197*
New
170
146
95
1976—Mar-Sept
Mar-Sept
1st mtge
debentures
92%
101
—April-Ocf
New Jersey
92 V*
92 Vg
1978—Jan-July
Jun-July
1st 4s
1st
1982
Power & Light 3s 1974
New Orleans Terminal $%s 1977
*150% 160
Mar-Sept
Jan-July
3%s
mtge
1980
Jamestown Franklin &
93%
Range Since
Sold
89
68
'83
Bond"*
High
100% 100%
*—
96%
...
1st
Co
1977
Range
Eriuay's
.
May-Nov
deuentures
New
Afar-Sept
A
or
Bid & Asked
8y
1980—May -Nov
England lei & Tel Co—
guaranteed 4%s series B 1961
New Jersey
99%
90
1986—June-Dec
1987
Week's
Last
Sale Price
3s
89
89%
87
le\i-Aug
Jersey Central Power & Light 2%s
Joy
82%
-82y2
1977—:
series
debentures
3%s conv
First
Pipe Line Co—
debentures
f
s
Teriod
3s
Jan-July
Rys Central America 1st 5s B 1972—May-Nov
conv
Interest
,
Exchange
Steel
National Yea co
92
91
1st mortgage 3.20s series I 1982——
Mar-Sept
1st mortgage 3 Vis series J 1981
Jan-July
International Minerals & Chemical Corp—
3.65s
Stock
Corp 1st 3l/8s 1982———.Afay-Nov
1st intge 37/8S 1986
^
May-Nou
National Supply 2%s debentures 1967...—June-Dec
86
!88Vji
——Jan-July
1972;
York
Low
e88y2
Mar-Sept
lAXlseaer Steel Corp 6s 1948.
Indianapolis Union Ry Co—
Refunding and imp 2 Vis series C
Friday
BONDS,
New
mortgage
3%s series B 1979
May-Wow
3%s series C 1974—__May-Nou
Consol mortgage 3%s series F 1984——Jan-July
1st mtge 3 Vis series G 1980m_.
.—Feb-Aug
BOND RECORD
11
IViA*
-
High
Low
No.
Chronicle... Monday, May 6, 1957
J
Jan.
10
85
ENDED
Range Since
F9OV2
mortgage
Consol
Bonds
88 %
83%
85
mortgage 3s series B 1978RR consol mtge 3%s ser A 1979._May-.lVou
111 Cent
High
WEEK
*
Week's Range
Friday
Commercial and Financial
90
1033
91
91 %
90 V
68-
98%
Numbed 5635... The Commercial and Financial Chronicle
Volume 185
(2123)
NEW YORK STOCK EXCHANGE BOND RECORD
RANGE
_
BONDS
New
Phillips
4 V4S
York
block
Petroleum
Pillsbury
Mills
-Feb-Au*
f
s
debs
1972-
-June-Dec
Consolidated
guaranteed
4s
G
ser
1957
J
ser
Maw-Nov
1964
Jane-Dec
100-74
3
80 Vi
10074
-96V4
"
Mar-Sept
2
9474
93 %
97
general
First
5s
series
B
general 5s series C
1962
i
Feb-Aug
1974
June-Dec
First
general 474s series D 1977
Plantation Pipe Line 2%s 1970
■-■■•374s s f debentures 1986
Procter
Gamble
&
Public Service
3s
37*s
Electric
debentures
debs
&
June-Dec
^Mar-Sept
April-Oct
Co—
1963
refunding, mortgage 3 Vis 1968
Jan-July
refunding mortgage 5s 2037
Jan-July
refunding mortgage 8s 2037
June-Dec '
.-First and refunding mortgage 3s 1972—May-Nov
First and refunding mortgage 274s 1979-June-Dec
debentures
1972_
■■'v-Quaker
3 Vis
mortgage
1975
^
9474
92%
1
Ill74 111V4
1
9274
90
IU1/4
16474
17374
■
8774
871/2
8274
86 Vi
—
...
*—■
1
*
9574
,v
*
/ *92
Apr-Oct ;-
--
*8674
—
.
9474
--
27bs
debentures
i
1964
Jan-July
4;
j j
— '
*
'.
Corp of America 3 74s conv 1980
June-Dec
Reading Co first & ref 374 s series D 1995—May-Nov
Reynolds (R J) Tobacco 3s debs 1973
April-Oct
Rheem
Mfg Co 3%s debs 1975
Rheinelbe
7s
30
93
90 V
1946
9274
94
415
9274
9874
8
72
82
1st
7
84
9274
47bs
87
si
374s sinking
—■
—
mtge
7s
1950-
U
6s
1952
mtge
Gas
1952
6s
1955
180
_
.
—
—
152
"
1977—.Mar-Sept
1969
152
Lawrence
St.
mortgage
ASecond
1st
1st
Ry
series
4s
*90%
4s
B
ser
debs
gold 5s
A
St Paul
Scioto
first
Union
V &
Jan
series
assented
1947
A
series
Vanadium
88
79%
3743
f
Mar-Nov
gold
4s
62%
Sears,
gtd 4s
4 '/4s
conv
Shell
Union
Oil
2
First
10O
—
II
103
93
'•
,96'
96
.
101%
10074
99 Vi
95
518
97To
2%s
debentures
84
Wabash
8574
81
1
Southern
1986
*85V4
I-
*—
103 Vi
25
*3
867a
11474 117
104
8974
847a
10774
84 Vi
86
90V4
80
83%
83
117
—
—
877a
8774
86V2
87 Vi
0
88Vi
9
April-Ocf
Jan-July
*81
Feb-Aug
1970
112
Vi
First 4Vis
{Oregon Lines)
146;
65
1
65
135
150
4 Vis
1981
.
96 7 a
9674
9774
'96'4
957a
97
Mortgage 274s
First mortgage 2%s
First mortgage 2 Vis
1st mtge 5 Vis series
series E
1986_
series
1996
F
82
consol gold 5s 1994
Memphis Div first gold 5s 1996
Orleans &
Joint
374s
Southwestern
3
*70'4
77
11574
Jan-July
1st mtge
May-Noo
71
93%
10974
Tel
274s
debs
1985
1983
81
107
81
ASpokane Internal first gold
Products
5s
474s
June-Dec
debentures
1674
125
84
Included
87%
not
6674
26
83
86
87
7
84
91 Vi
2
8674
the
88 Vi
91
86
Jan-July
93%
75
76
3
90
*5674
5774
74
74%
Jan-July
May
June-Dec
Mar-Sept
Jan-July
76
86
•(
88
56%
~~
59
*83
98% iooya
100
99
99
88
88
95
94
9974
9874
99%
6274
6274
6374
49
62
62
19
97
97
100%
65
6474
97%
95%
95%
102
103%
62
!
6074
95
9574
*90
96
;
9874
23
62
88
88'
*93
V
10274 103'A
V 29
98 74
"2
97%
88
9974
85%
85%
88 Z
9774
8574
*84
"l
8874
ft
9074
9074
103%
*89%
.
122%
88%
91%
91
99,"
* 6974
:98%
99%
68'A 100'/a
26
H
9874
69
69
Z
73
14
90
—'
ct
*87
.
.
W".
68%
6974
82%
73%
74
84
90
;
69%
*8574
v-.
9374
,95%
94
9474
10874.
107
108
May-Noy
Jan 1 2029
76%
74
34
75'A
sale
delivery
94
274s 1976_Jan-Juiy
the year's range,
n
year's range,
the
in
not
.
83 7i
14274
119
196
128'4
in
included
92
85
8774
82Vi
82'4
12674
conv
1967
*84
April
2013
(Indiana) 3V4s conv 1982—
April-Oct
Standard Oil (N J) debentures 234s 1971—May-Nov
79
14
—
8574
included In the year's range,
d Ex-Interest, e Odd-loV sale sot
Under-the-rule sale npt Included in the year s range, r Gain saw
y Ex-coupon.
\
§ Negotiability impaired by maturity.
,
nryAmr
77 «g
tCompanies reported as being in bankruptcy, receivership, or reorganized under Section rt m
Bankruptcy Act. or securities assumed by such companies.
•Friday's bid and asked prices; no sales being transacted during current weex.
Deferred
87%
81
82
*87%
74
1
Yonkers Electric Light & Power
a
*8774
May-Nov
101 %
7
< •:
,99
Y
*97
April-Oct
84
12
9974
84
Mar-Sept
Jan-July
4s series A 2004
mtge 474s inc ser A
116
106
9
110
9174
102
93%
99
-May
1984
Wisconsin Electric Power 274s 1976
First mortgage 274s 1979
Wisconsin Public Service 374s 1971
109
105
2
11574 11574
*106
66%
9174
93
105 Vi 10574
Standard Oil
2%s
86
iW,
-
—
*91 Vi
debentures
Central RR Co—
Wisconsin
Gen
Jan-July
1977—
Bell
Coil
82
2
4
92
90
102
—
Winston-Salem S B first 4s I960,
Northeastern RR—
Vis debentures
Standard
82 V
9174
88
9874
90
Wilson & Co.
97
92
60
112
8274
8674
*90
Whirlpool-Seeger Corp 374s s f debs 1980—Feb-Auy
first mortgage 3s 1958-——April-Oct
Jan-July
101%
10174
'72%
—.Ja»-July
Jan-July
—Apr-Oct
1983—;
Southern Ry first
New
94 74
96
95
Jan-July
series G 1961
H
93
9374
May-Nov
San Fran Term 1st mtge 374s ser A "J5*-Jline-Dec
Southern Pacific RR Co—
—
First
73
109
Mar-Sept
__May-Nov
A 1977_
1966
Wheeling Steel 374s series C 1970
First mortgage 3'As series D 1967
374s conv debs 1975
.i
67
66
152
105
99
101
*10174
Westinghouse Electric Corp 274s 1971——Mar-Sept
Wheeling & Lake Erie RR 274s A 1992—Mar -Sept
11274
150
65
Jan-July
1973—June-Dec
1969-
Gold
85%
147
147
107 74 107%
*__
first 4s guaranteed 2361
5s income
85
105
4
11174 112
150
—Jan-July
1994
4 Vis conv
74
*_..
Jan-July
4s registered 2361
Jan-July
Western Maryland Ry 1st 4s ser A 1969—April-Oct
1st mortgage 374s series C 1979—
Apr-Oct
5 74s debentures 1982^
—Jan-July
Western Pacific RR Co 3T4s ser A 1981—Jan-July
'
Jan-July
Gold
.
160
162
79
8574
85
*__
May-Nov
Jan-July
Electric 374s
Penn
West Shore
Southern Pacific Co—
4Vis
80
90
*__
4s income series A Jan 1981
1974
West Penn Power 374s series I
West
8774
82
*90'/a
433
84
11GV4
June-Dec
—;
2%s
Ry
102'A
160
April
1991—April
.Feb-Nov
Warren RR first ref gtd gold 3'As 2000—Feb-Augr
Washington Terminal 274s series A 1970
Feb-Aug
Westchester Lighting, gen mtge 374s 1967—Jan-July
General mortgage 3s guaranteed 1979—May-Nov
997 a
86
—Jan-July
1963
debentures
Indiana
97
97
*11
mtge income 4'As series B Jan
First mortgage 3 74s series B 1971
85 V2
85
10374 104
10374
June-Dec
_
Southern Natural Gas Co
10174
99
Co—
RR
Gen mtge
__Mar-Sept
1987
convertible
10174
80
Gen
Southern California Edison Co—
374s
22
1)9
98
w
& Telegraph Co—
1685
2%s debentures
95»/2
i. 9474
*97
and refund mtg.e 274s ser
105 Vi
102 Vi
106
84
68%
6274
108
66
100%
*—
June-Dec '
1951
North Ala RR gtd 5s
&
4
101% 10274
E 1975—Mar-Sept
1978—Mar-Sept
First and refund mtge 274s ser G 1979—June-Dec
First and ref mtge 274s ser H 1980
Mar-Sept
1st mortgage & Refund 374s ser I 1981—J-une-Dec
1st & ref mtge 3'As ser J 1982
April-Oct
Virginia & Southwest first gtd 5s 2003
Jan-July
5
First consolidated 5s 1958—1
April- Oct
Virglpian Ry 3s series B 1995
— May-Nov
First lien and ref mtge 374s ser C 1973—April-Oct
95
-June-Dec
Skelly Oil 274s debentures 1965—
Socony-Vacuum Oil 2 Vis 1976—
Southern Bell Telephone
3s debentures 1979—
99
#
8774
9974
87%
,18
9674
95
Power Co—
Virginia Electric &
1982—
Sinclair Oil Corp 4%s conv debs
South
'
9474
90
,
-i-r-
—
96'A
95
107
80 74
Mar-Sept
debs
series B
86
*101
9774
Feb-Aug
April-Oct
Vis debentures 1971——AprH-Oct
gASiemens & Halske 674s
*8674
June-Dec
Mar-Sept
1957—May-Nov
1976—,
68 %
Corp—
f
debs
80
J-"
1972——
s
subord
12
*93
May-Nov
,
__
Pipe Line 3.20s
90
85
13
90
1989—May-Nou
1977
1974
debentures
99
99
9374
—June-Dec
70
*__
1971——April-Oct
1st
Roebuck Acceptance
4%s
Service
>88
74%
80%
1951—June-Dec
80
u62%
1968-June-Dec
Seagram (Jos E) & Sons 2Vis 1966
3s debentures
91
8974
,
162
80
May-JVow
1989-Jan-July
1980
debentures
89 V2
84%
June-Dec
1969
conv
91
Seaboard Air Line RR Co—
s
86
.
86
78
;
*92
First and refund mtge 3s series F
1971——Mar-Sept
Scovill Manufacturing 4%s debs 1982
Jan-July
1st mtge 3s series B
A
8674
86'A
78
;
>
—
Jan-July
Jan-July
1951—June-Dec
6814
80
Scott Paper 3s conv debentures
374s
8674
——Jan-July
Corp of America—•
subord debentures
71'4
2
86
-8374
—
1989
cons
England
1947
A
sinking fund mtge series C
assented seiies C 1951
83 74
7174
7174
Jan-July
May
Mar-Sep
2006
Depot 3 Vis B
New
88
*9074
—
A Jan 2022—
Second 4s inc bond certificates Nov
Duluth
*
.88
92
.
,
_
—April-Oct
Vandalia RR consol gtd 4s
1997
ser
St Louis-Southwestern Ry—
First
4s
bond
certificates
St Paul &
Mar-Sept
Jan-July
April-Oct
1996
1980
ser
1976
Participating ctfs 474s 1968
93
90
—
—
Co.—
A
mtge inc 4Vis
mtge
income
5s
Francisco
' 89
-1 ',1;- 8574
V
1996
6s
Louis-San
1st
Adirond'k
&
gold
90%
Mar-Sept
May-Nov
374s
—
Mar-Sent
Saguenay Power 3s series A 1971
Second
*90'/b
"
—
"
u_Apr-Oc£
1973
1967
s
St
'83
8774
.
—
1976 -Feb-Aug
-t' &1.1 1
H.,
94 ,,98
*83
April-Oct
debentures
pi'...
9574
*90%
1971-
fund debentures
274s
debs
374s
Corp—
series D
*85
92
:
<
1973
debs
6'/2s sinking fund mtge series A
374s assented series A 1951
■
6V2S
3'/4S series J
f
s
"
>
.
i -.v-9374
—
June-Dec
May-Nov
1972—
debentures
674s
—
—
—
April-Oct
General mortgage 4'/2s
General mortgage
tt
—
Feb-Aug
Electric
&
9674
9674
9374
.96
1
*
June-Dec.
mtge & coll tr 4%s 1977
Rubber
S
May-Nov
AConsol
debs
f
s
27«s
May-Arou
mtge
Rochester
88
92
j
United Steel Works Corp—
§ A Direct
6s
4'As
Car
79%
Jan-July
SADirect
mtge
96
87
-
96
*94
Jan-July
-Jan-July
mtge & coll trust 3T4s 1972
Feb-Aug
mtge & coll trust 334s 1975—_—May-Nou
1st
Rliine-Westphalia Elec Power Corp—
§ A Consul
Tank
United Gas Corp 274s 1970
1st mtge & coll trust 374s
Jan-July
1946_.
94
4
87
*95', 4
April-Oct
United Biscuit Co of America 274s 1966—April-Oct'
374s debentures 1977
Mar-Sept
Union
1st
Rssentea
111
111
.7
9574
*95 ;
Refunding mortgage 274s series C 1991—Mar-Sept
97%
91
4
*91
—
85%
82
1.
■.
May-Nov
debentures
2 74 s
Union Pacific RR
93
:
92%
16
9874
96%
78
Feb-Aug
-
86%
82
111
87
1975_Aprll-Oct
mtge & coll tr 274s 1980
mtge 374s 1982
274s debs 1970
1st
Union—
sinking fund mortgage
3 Vis
98 V 4 :
96
9
8274
9574
3%s 1971—May-Nov
1968——
debentures
3b
1st
R
Radio
99
8274
9974
I
.-
88
111
9574
Mar-Sept
Union Oil of California
967i
-94 V4
93,
94%
92%
—
33
9774
8274
374s I960—June-Dec
debs 1961
and coll trust 274s
First mortgage
q
Oats
9574
82'A
87
*84 74
April-Oct
1986
debentures
f
Union Electric Co of Missouri
9274
111'A
v
.
—
8974
96
.
9674
,
u
98
92%
16
*16774 17374
*88
__
1983—April-Oct
„
s
Tri-Continental Corp 274s
.
June-Dec
and refunding
374s debentures
V;
92%
-
.
1st
1
374s
89%
9974 1021/2
16
'
—
37*s
89 %
10174
93%
92%
and
90
89
Tide Water Associated Oil Co—
101 Vi
93%
86
--
1
•
May-Nor
9174
—
*8274
9674
and refund M 374s series C
Tol & Ohio Cent ref and impt
10174
and
First
10174
101 %
108
*90%
Mar-Sept
*
First and
First
IOI
r-t
'
1981
Gas
rH
__
*_•_
,
series B 1970—April-Oct
1990—April-Oct
Texas & Pacific first gold 5s 2000
—June-Dec
General and refund M 374s ser E 1985—Jan -July':
Texas Pacific-Missouri PacificTerm RR of New Orleans 3%s 1974
June-Dec
Pittsburgh Youngstown & Ashtabula Ry—
First
96
89
38
90%
\'7
First and refund M 3'As
First
90
95
Texas & New Orleans RR—
95
8
lvOVa
89
—
*8774
*8974
series C 2019-—Jan-July
274s series D 1985—April-Oct
Texas Corp 3s debentures 1965
.
May-Nov
9O34
96 V4
95
1
89
,/u««.-duly
Refund and impt
83 V4
9474
a
1971;
106%
100
89
High
103 %
90
*95
and impt M 4s
Refund
Low
St Louis-
Terminal RR Assn of
10374
—
95
947
NO.
90
J an-July
J ly
May -Nov
May-Nov
t
10274
7974
_
1973
274s debentures
10 J 74
100
—
Sold
High
Mar-Sept
1373
274 s debentures 1966
1
jan.
Asaed
«
Range Since
Bonds
Friday's
*10374 10674-
_Jcn-July
1982
Swift & Co 2s/4s aeuentures lvFJ
99 Vi
101
100 Vi
—
or
bid
—
debentures
fund
Superior Oil Co 8%s debs 1981—
Surface Transit Inc
1st mtge Cs
*
Jan-Julv
(Ohio)
Co
sinking
Sunray Oil Corp.
100
98 Vi
14
April-Oct
1984
4 Vis
83
(100
100 34 10074
0
Pittsburgh & West Virginia Ry Co—
3%s series A
Standard Oil
95
113 Vi
99 Vi
—
101% 1027i
May-Nou
1st mtge
9274
110
—
*100 '/a
Week's Range
Last
Sale Price
Low
Stauffer Chemical 37/as debs
*9378
Period
Stock Exchange
High
83
*99 Vi
General mortgage 5s series B 1975Aprii-Oct
General mortgage 374s series E' 1975_April-Oc£
Pittsb Cpke & Cnem 1st mtge 3J/2s 1964_
Pittsburgh Consolidation Coal 374s 1965
Pittsburgh Plate Glass 3s debs 1967
7
740
*100'i 101 Vi
May-Nov
Pittsburgn Cine Cnicago & St Louis RR
General mortgage 5s series A 1970__
Low
-82
Consolidated guaranteed 4s ser H I960.
Feb-Au°Consoliaated guaranteed 4 74s ser I
1963—Feb-Aa«
Consolidated guaranteed 474s
No.
High
Interest
BONDS
York
New
Jan. 1
*91 Vi
Pittsburgh Cincinnati Chic & St Louis Ry
'
3
Range Since
Sold
92%
93 V4
11174 113Vi
11274
June-Dec
Pxtisogn Bessemer & Lake Erie 2%s 1996
MAY
WEEK ENDED
Friday
Bid <& Asked
Feb-Ans
1987
3VaS
Sale Price
Bonds
Friday's
or
Low
1964_
FOR
Week's Range
Last
Period
debentures
debs
Inc
Interest
t
Exchange
2%s
subord
conv
'
Friday
,
9174
'N
Bonds
selling
.
flat.
-
AMERICAN STOCK EXCHANGE
WEEKLY
In the
following extensive list
April 29, and ending Friday, May 3.
stock
or
bond in which any
furnish
a
dealings have occurred during the current
RANGE
Friday
STOCKS
Week's
Last
American Stock Exchange
Range
Par
Aberdeen Petroleum Corp class A__ —I
Precision Products Inc
1
474
Acme
Wire
Acme
Adam
Consol
Aeronca
Aero
Co
Industries
Inc
Manufacturing Corp
26%
1
67*
1
Supply Manufacturing
.
7%
1
Agnew Surpass Shoe Stores.
Ainsworth
9
—10
common
-
A
Manufacturing .common
5
—
974
WEEK ENDED
4
150
2,700
2,000
674
2%
High
5% Jan
5% Mar
7%
774
4,100
7%
2
2,100
674
74
74
9%
674
7
LOW
26%
874
see
nape
35.
4'.'4
874
25
Apr
11%
Apr
30
Apr
Mar
Feb
6% Jan
9%
Air
Ajax
Alabama
1,300
174 Mar
2%
Jan
Alabama
300
7% Mar
8%
Feb
Alabama
Jan
,
10% Mar
Comm Inc
Range
of Prices
Low
'
Sales
for Week
Shares
Range Since Jan.
Low
High
to
(effec April 30)
Industries Inc
Petroleums Ltd—
Way
Jan
574
■
Week's
I
High
Associates Inc. Name changed
Electronic
Air
10%
7,100
Sale Price
Par
Apr
~
874
;
Last
STOCKS
High
26
■
American Stock Exchange
Range Since Jan. 1
Alan
5%
For* footnotes
MAYj 3
Friday
Shares
4%
.
year.
FOR
for Week
Low
Exchange for the week beginning Mopday,
is intended to include every security wnei
Sales
of Prices
Sale Price
RECORD
YEARLY
AND
complete report of the transactions on the American Stock
It is compiled from the report of the American Stock Exchange itself and
we
Corp
Great Southern
Gas
Power
Wood
4.20%
Steel
cumulative
Co
3
50c
2
—50
preferred—100
W
preferred———-100
3%
374
300
%
2974
3olt
2,300
2974
155
155
92%
91 '
28
28
*
29
3 V* Mar
U
Jan
29 Va
Apr
1,800
20
75
1,400
J54
88
Mar
Jan
26% Mar
84
Feb
5% Jan
1
3474
160
Jan
Jan
Jan
92% Apr
31% Jan
89
Jan
.31
Chronicle
The Commercial and Financial
32
...
Monday, May 6, 1957
(2124)
AMERICAN STOCK
Friday
Range
Sale Price
American Stock Exchange
I
Inc.
Airlines
uwtft
klgemene Kunstzljde N V—
Amer dep rets Amer sh*i
All American Engineering Oo_
Paper
Allied
cumulative
•3.75
Industries
American
Book
American
Hard
Filter
30
Apr
7
6%
6,100
100
•
21%
21
21%
1,500
60
Jan
88%
200
22
Feb
24% May
50
9
Mar
12% Mar
(RX)
1
12
12%
600
American
73%
12%
13%
18,200
44%
45%
2,100
27%
27%
27%
33%
33%
20
25
pfd
Jan
600
11
31% Mar
250
33% Mar
Jan
33%
8% Mar
Jan
34%
Feb
Va
15%
19%
19%
21
14,100
19%
Apr
21
Apr
16%
15%
2,200
200
4
4
17%
4
Jan
Jan
4%
Feb
14%
Jan
21%
5%
-20e
21%
Jan
23% Mar
8%
8%
400
7%
Feb
10%
5%
3
5%
7,200
4%
Feb
1%
1%
—2
15%
14%
16
.4.75
16%
16%
17%
1%
.
vr7 400
8,600
3,700
13,900
21
Feb
1%
16
Feb
13%
May
17%
Mar
14
Jan
5% Apr
2% Jan
Jan
.2.40
8
8%
8%
4%
4%
8,300
100
10%
4% Mar
Jan
4%
7% Mar
Jan
.1
Angostura-Wupperman
Appalachian Elec Power 4%% pfd—100
96
Arkansas
Fuel
I
35%
35%
36%
6,900
33
Jan
39
Apr
Arkansas
Louisiana Gas Co
•
23%
22%
23%
18,300
20
Feb
24%
Jan
Arkansas
4.72%
Oil
Corp
Co
&
warrants
Artists
New
6
American
Associated
Inc
1
dep
America
Line
Non-voting
4,100
13%
Feb
15%
17%
Feb
21% May
45% Apr
41%
1,700
9%
10%
4,300
32%
Jan
11%
9% May
Apr
Apr
8ft
2%
200
2%
Feb
2%
600
2%
Jan
4 Va
4%
4%
18,500
8%
Jan
2%
2%
3%
Apr
102
102
90
103
98
Jan
2,100
1
Jan
Ltd
8%
7%
8%
31,200
6%
75
19%
Jan
Dredge & Dock Co Ltd
Homestead
Oils
2%
2ft
11,100
1%
Feb
2ft
Apr
3%
3,700
3%
Apr
4%
Jan
pfd__10
26%
5,400
24 %
25%
26%
Apr
27 %
Jan
60
21«
214
2%
4,200
2% Mar
3%
Jan
Canal-Randolph Corp
1
6%
6%
6%
4,200
6
7
Jan
1
1%
1%
i;i
14,000
1%
Jan
2%
2%
3
8,200
111
Jan
Canadian
Petrolina
Canadian
Williston
Jan
(A M)
Catalin Corp of
300
11
Mar
24%
50
24
Jan
67
67
68%
67
Jan
73
Jan
86
Feb
11%
11%
11%
Feb
12
Mar
2
10
preferred
Central Power & Light 4%
Century Electric
Co
19
19
19
100
—
pfd
Century Investors Inc
Convertible preference
Oil
!
Ltd
Co
Chicago Rivet & Machine
Chief Consolidated Mining
City Auto Stamping
Co
Controller Co
Clary
Corporation
;
Claussner Hosiery
Co
Clayton & Lambert Manufacturing
Coastal
Products
Caribbean
Oils
Stone
Co
4%
Jan
100
2%
Jan
3
Jan
Continental
3%
100
3%
Jan
4%
Jan
19%
19%
200
Aviation &
Continental
46 '[■'
Continental
Industries
Paint
B
Feb
17
Feb
16%
3,500
2%
Jan
3% Mar
Apr
6% Mar
$1
3%
Jan
Cott
5%
5%
400
11%
50,100
11%
11%
400
"2%.
13,400
2ft Feb
Feb
5
Jan
6%
Jan
9%
Feb
12%
Jan
10% Mar
•11%
Apr
■
16%
3%
3%
14%
14%
.
I
17%
2,700
3%
1,900
14%
200
i
Bellanca
1
Amer
dep
rets
Company
Brown
Forman
4%
Brown
Rubber Co
Bruce
common
B
S
60c
Feb
9%
Jan
5%
200
5%
Feb
6%
Apr
2%
2
2%
23,800
1%
Jan
2%
a
9%
8%
9%
8,100
7%
Jan
9% May
12%
6%
serial
Buffalo-Eclipse
Bunker Hill
Burma
Mines
American
Burroughs
Coro
&
Burry Biscuit Corp
Byrd Oil Corporation
6%
convertible
•
10
Jan
12%
Apr
3,500
14%
Apr
17%
Feb
25%
26
1,700
22%
Jan
27 % Mar
Cable
600
5%
2,700
4% Mar
1%
1%
5,000
1% Mar
4%
6,400
43%
3,700
31%
26%
26%
26%
3,100
25%
Calgary
Calif
6c
Edmonton
Eastern
California
Corp Ltd
Aviation
Electric
$3.00
For
footnotes
Jan
49%
Apr
7%
Apr
9%
Jan
Mar
16 %
Apr
1%
15
15%
•
Mines
Reynolds
&
receipts
10 %
10%
200
~5%
"5%
400
Cent
Petroleum
"A"
Apr
Cuban-Venezuelan Oil vtc
Mar
16
500
32
91%
10
7%
300
9
2%
1,300
500
5%
Mar
7
29%
Feb
34% Mar
Crystal Oil & Land Co common
90
Jan"
94
6% Mar
6%
1%
Jan
Jan
81%
Feb
26,300
5%
Apr
8%
1,300
6%
Jan
18 %
17%
18%
2,300
17%
Feb
22%
Jan
25%
25%"
100
24%
Jan
26
Jan
100
1%
Feb
2%
Jan
11 %
Jan
14 Va
Jan
17
Feb
18%
Feb
9%
25o
—•
212
800
47%
200
2%
Jan
Feb
43
Mar
45%
Feb
55% May
Jan
Brothers
80,100
16%
7,700
19
18%
19
700
6%
6%
700
10%
<—«
Dejay Stores common
10%
700
19%
21
1,100
Apr
Detroit
Gasket
Detroit
10%
10%
3
<fc
10%
Feb
48%
17%
1,100
Devon-Palmer
Oils
Diners'
Club
Co
Jan
16%
19%
Apr
rets ord reg
(The) Corp
Dome Exploration Ltd
6%
Jan
Dominion
Feb
13%
Jan
Dominion Steel & Coal ord stock-
Feb
23
Jan
10%
Jan
8%
8%
7%
300
7Va Mar
8%
21%
15%
8%
100
8%
8%
1,900
4
4
100
8% May
8
Jan
3%
16%
Feb
Feb
3% Mar
7%
Jan
American dep
Dominion
Tar
Textile
Dorr-Oliver
5%
Driver
16%
Jan
%
Jan
ft
Feb
Apr
4%
Jan
25c
1%
/
1%
1%
—
2,500
4%
Jan
6%
Apr
15,800
1%
Jan
2%
Jan
——
7
Jan
8%
Jan
Harris
%
%
•
% May
Feb
44,500
50c
1%
Jan
4%
31
2%
2%
14%
14%
32%
3
14%
35.
300
34%
2,200
3%
5
8
700
4Va
4,200
,5%
400
Jan
45
Feb
2%
Jan
8
Apr
10
Jan
15%
Jan
15
Apr
Apr
7%
Jan
Jan
lft
Apr
Feb
3% Mar
Feb
30% Mar
Jan
Jan
5
Jan
6%
35%
146
11%
Feb
Jan
Jan
Jan
8
Apr
3%
Feb
5 Va Mar
5
Apr
6V4
Jan
21 i
Apr
2ft
2%
61,200
1%
Jan
23%
4,900
16%
Jan
2}|
Jan
14%
14%
100
14%
Jan
15 Va
Jan
13%
13%
13,200
9 ii
Jan
14%
Apr
Jan
25
Apr
Apr
--
13%
22%
24
11%
23% May
3 %
Jan
1,300
20%
Feb
24%
100
11%
Feb
13
8%
Apr
9%
Jan
Feb
18 %
May
34 % Mar
37%
Jan
Jan
~8%
8%
8%
100
17%
16%
181/4
2,600
37 %
36V4
371/2
325
5Va
3,200
4%
Apr
5% Mar
100
30%
Apr
31V4 Mar
20%
8%
4%
5
-1
31
31
20%
Co
20%
22 %
4,100
8%
8%
9%
9.400
57%
591/2
100
27%
28 Va
4%
15
Jan
10%
Jan
61
Apr
4,900
26%
Apr
28% 'Jan
5%
9,100
4%
Jan
6 Va
Apr
2%
300
2%
Apr
2%
Apr
4
4Va
300
3%
Feb
4%
7
Feb
7%
Jan
14%
28%
23 Va
Apr
2%
.10
Feb
Feb
54
Feb
17%
Apr
28
Apr
35 V4
Feb
(Allen B) Laboratories—
1
Hosiery class B
common
10b
1
5
~4Va
•
1
Dynamics
1
6%
25
44%
Corp
36%
22%
31
Common
3,900
25
Feb
33%
of
America
•
30%
35
2% Apr
13'% Mar
3%
Jan
Eastern
14%
Apr
Eastern States
•
6%
Apr
5,400
7,100
Jan
23%
35
6%
6,700
8,700
5%
Jan
36%
Jan
Jan
7%r, Jan
Jan
4%
32%
_4'/a
11%
1
Dunlop Rubber Co Ltd—
American dep rets ord reg
Duraloy (The) Co
Durham
~8
23%
Duke Power Co
3%
6
Inc
preferred
Douglas Oil Company
Apr
1,20.0
33%
Ltd
$2
22%
14,300
~4
21
Drilling & Exploration Co
%
5%
.2.50
Dow Brewery Ltd
Draper Corp common
4%
%
1%
1
common
Jan
3,300
4
6
32.50
Ltd
Jan
15%
ft
8% May
7.50
Co
Jan
15%
-
Chemical Co
&
5%
5,900
Feb
3,900
Bridge Co Ltd
8%
21%
15 %
6s 8d
Diversey
10%
20%
1
1ft
Apr
Ltd—
Mar
7%
7%
8% May
23%
.
18
Feb
Jan
93
212
Inc
(The)
20
2%
1%
5%
Ltd
Apr
Jan
700
6%
3%
15% Mar
3
13% Mar
8
Manufacturing
Apr
43
3
12%
500
2,100
34
Gray Iron Foundry
8% Mar
800
61/2
138
5ft Apr
18%
Apr
14%
debentures
Dominion
19%
Apr
Apr
9
6
Investment Co
Dennison Mfg class A common
8
8%
400
Dempster
5%
Jan
19,000
6%
—
8%
6%
2
_9
33
Apr
Jan
7
1%
"9
1ft
Inc
Inc
Dayton Rubber Co class A
Mines
Distillers
19%
1%
Jan
6%
8%
Jan
"1%
Day
31
1%
37
—.2.50
class A
4
6H Jan
47
16 % Mar
Davidson
6%
47%
6,200
Apr
Mar
Apr
19%
19
19%
12%
32%
3,000
3% Mar
12%
7%
~5ft
22,100
14
Feb
~5%
4%
12%
Feb
~
4%
14%
5%
14,600
100
Davenport Hosiery Mills
5%
55%
17%
Daltch Crystal Dairies Inc
2,000
52%
1,250
17%
~4%
12%
Feb
11,500
55%
11%
12
Apr
7%
28
-
2
Apr
9%
25
%o
2
2%
7%
28
7
.•
v
Feb
9
28
Apr
4,600
8%
Jan
7%
9%
28
4%
4%
88%
5
*
common
Co
Mar
4%
50o
Oil Co
Manufacturing
Apr
6
86%
Lighting Inc common
Curtis
Jan
19%
-8%
2.50
$1.12 preferred
Curtis
Jan
8%
partic—•
common
common
Feb
11
Apr
Jan
4% Mar
Feb
Va May
13 Va
8
(Md)
Internat'l
Malleable
Iron
Corp...
55
Jan
60
Apr
•7
preferred
series A
43
page
15%
Feb
1
1
Co
Drug Co
2,000
5
Jan
88%
8
Cork
10 %
Jan
Mar
Jan
11% Mar
18% Mar
(ord reg)—£1
common
Tobacco
12%
2,600
Jan
9%
Feb
%
159,400
1
Corp
American dep
12
12
•
1.50
common
preferred class A
Creole Petroleum
%
12%
ft
%
5o
Cuban
15%
50
see
Apr
39 %
Jan
x
preferred
Jan
300
Sugar
10o
preferred
•2.50
Inc
Power
Jan
6%
43%
7%
Atlantic
18%
mm
common
Apr
Feb
7%
~5%
20
Co
American
7.50
Super Corp
4
4%
41 %
"4%
Feb
5% Mar
2%
Jan
Crown
7%
12 %c
Electric Products
7%
Jan
6%
4%
Duro Test Corp common
Duval Sulphur & Potash Co
C 6c C
5%
6%
5%
1%
.
Jan
Cuban
250
19%
1
common
5,700
16%
1%
xl5% Mar
1,200
16
~|
J_2.50
class A
12%
15%
25
6%
6% Mar
7%
15
8
1
Inc
11%
16
5
DuMont
Son
Feb
Apr
Inc
Beverage
an
36%
May
Crown
Ltd—
P)
Feb
1
Crown
9%
dep rets ord shares._3s 6d
(J
32
5
Cuban
2%
'
9
Company
200
33
4,600
Jan
7
8
10
Corp
(The)
32%
3,300
8
91%
'
7%
£1
50c
preferred
preferred
~8
•
Cornucopia Gold
Mar
Apr
7%
5%
8
1%
Jan
31%
„
"
1
Buell Die & Machine Co
10
8%
100
5%
~8
4
•
5%
Jan
Jan
l
convertible
4% Mar
1
Feb
«
Company common
Buckeye (The) Corp
Budget Finance Plan common
Feb
5%
Apr
Feb
2.50
F
4%
10c
Jan
12
1
Co common
Bruck Mills Ltd class B
2,500
10c
Inc
5%
4%
10
(E L)
4%
6%
14
III
preferred
4%
Jan
8
4%
5%
£1
Distillers
cumulative
4%
1
1
8
Development Corp of America—
reg
Apr
Jan
48%
j
ord
5
Jan
Apr
*"**"*
£1
common
Jan
5%
14%
Jan
100
10s
American
3%
5%
Apr
10s
Brown
1,900
200
9%
•
American dep rets ord reg
Columbia Power common..
British Petroleum Co Ltd—
4%
3,000
Jan
900
e
British
4%
5%
Jan
14
6 Va
•
dep rets ord reg new
Celanese Ltd—
Jan
"4%
7%
Crowley Milner &
~4%
dep rets ord reg
Amer
31
5%
Crowell-Collier Publishing Co
5%
dep rets ord bearer
British
28%
Feb
7%
Jan
American Tobacco—
Amer
Feb
25 %
7%
Jan
~4%
Foote Gear Works Inc
20e
Brazilian Traction Light 6c Pwr ord
•
Breeze Corp common
•
British
21%
1,300
1
Corp
3%
1
Co
400
27%
12%
45%
7%
Brad
Oil
23 %
30
700
14%
•
American
23
26%
Feb
1,800
7%
prior cumulative preferred.100
Chemical Company Inc
§
Bourjois Inc
;
1
British
Jan
Apr
Feb
9%
14%
*
common
Feb
8%
17%
"3
Manufacturing Co
6V8
9 %
45%
i
5%%
Brlllo
%
13,800
800
9%
~9%
l
Co
Apr
23%
800
8%
2,900
45%
25
Borne
Gas
Jan
%•
7-/4
7%
.
Bridgeport
Jan
%
8%
ft
1
1
9%
Apr
2%
50o
Co common
23%
10%
3% Mar
15%
4%
1
Beck (AS)
common
21% Mar
*
17
1
BOo
Co
300
Courtaulds Ltd—
2%
10%
6c
22%
9%
non-voting
14%
14%
11%
(S)
Jan
22
9%
voting
Class
100
coo
Corroon
common
81%
1
A
15%
11%
(H C)
Mar
9%
Inc
Class
16
1
Bohack
73
9 Va
Varnish
&
15%
1
Blumenthal
1,050
Distillery Ltd—
(H)
15%
Barcelona Tr Light 6c Power Ltd—
Barium Steel Corp
Blauner's
Apr
78%
'
Uranium
5%
Black Starr & Gorham class a
Apr
77%
7% Mar
'—1.25
Continental Commercial
21% Mar
4%
14%
400
Engineering—1
1,700
2%
3%
16% Jan
Jan
Jan
Jan
Corp
Inc
2%
39%
8
2%
12%
1
Lines
Mar
14%
10
Vtc ext to 1965
Jan
Jan
"5%
1,300
4
Machinery—
Petroleum
19%
Feb ;
19,500
—1
Inc
Community Public Service
Cuban
18% Mar
~5%
1
vtc
Equipment Co
Colon Development ordinary
&
Feb
—•
30»
Co
Farm
Hotel
1,300
8%
10c
_
Aluminum
100
5%
8
3%
1
Clarostat Manufacturing Co
800
•
8
-
Christiana Oil Corp
•
common
Jan
77%
6
10
4
common
1
Inc
Jan
14%
>8
311
1
Chesebrough-Ponds Inc
1
common
Jan
13%
25
14
10
Charis Corp common
Charter
~5%
2.50
Chamberlin Co of America
Continental Air
Corp
5%
3ft Feb
81
100
common
Feb
Barry
Inc
11%
24%
Jan
~~2ll
Bickford'8
11%
•
Jan
~2%
Co
11%
10
3.50%
5%
.50o
Watch
101,900
9%
shares
Benrus
17,000
4%
6
common
5% Mar
Feb
4%
4%
Maine Power Co—
Central
Consol
Banco de los Andes—
Ties
Jan
4%
4%
.1
preference $1.50 series—
1
Shoe Corp
Corporation
Bell Telephone of Canada
8%
41*
Feb
Basic
Incorporated
Bearings Inc
Jan
6% Mar
5% Mar
4%
Apr
B
Jan
23 %
.
l
Central Illinois Secur Corp
l
class
5%
Apr
5,400
7%
Ltd
Jan
Apr
6%
Connelly Containers Inc
Jan
4%
4%
18%
1
——
Apr
Mar
100
800
6%
4%
21%
Feb
% Mar
900
6%
4,600
16% Mar
106%
5
1
America
18,000
54,500
Jan
May
5%
19%
7%
2%
Instrument
4%
4%
19 Va
Jan
19%
7%
16%
104%
19%
4%
2%
Belock
5%
•
Corporation
Explorers Ltd
Cook
130
Apr
9
39
•;
Feb
ft Mar
1
Central
Corby
29
Mar
7% Mar
31 %
10
& Co
Colonial Sand
Jan
700
2s 6d
Casco Products common
Commodore
1%
.■
600
105%
105
7%
-le
Beau-Brummell
39
4%
Corp.
Inc
~8%
38%
•
American dep rets B ord
Carter (J W) Co common
Club
~8'/a
2ft Mar
3ft Feb
Ltd—
Carreras
Conv
Mar
27
I
5.50
Carolina Power & Light $5 pfd
Cenco
16
5
common
Carnation Co common
Castle
"■
1
Carey Baxter & Kennedy Inc..
Jan
103% Feb
—
Gas Ltd vtc
Capital City Products
Jan
Jan
partic
Canso Oil Producers Ltd vtc___
2%
5%
Ltd
Minerals
26% Jan
18%
Feb
20
3%
46%
Class A..
Apr
3%
Feb
Industries mo
Baldwin Rubber common
Apr
8iZ
'2 ft
Ltd
Feb
Apr
Feb
ft
10c
Marconi
19%
3
20
Jan
1
Canadian
Canadian
39'
preferred
non-cum
Controls
20
*
Jan
8
Feb
Ltd
6,700
5%
23
2
Canadian
Oil Co
1,900
4%
x31
Feb
5%
21
4%
Mar
28
26,400
41%
loc
Jau
7%
20%
Inc
Apr
J.-4
7%
40
1
23%
7%
20%
1%
1%
/ipr
Jan
Feb
26
20
40%
Baker
Oil
d%
vtc.l
Ltd
Cooper-Jarrett Inc
American
25%
14,900
•
common
Petroleums
Atlantic
3%
il.
Bailey 6c Selbura Oil A
Banff
Out)
11%
10 pesos
Products
Securities
2a-/4
10-/4
•
Automatic Voting Machine
Ayshire Collieries Corp common
Baldwin
28%
II
3,400
•
Canadian
Cockshutt
6c
Inc
Steel
Apr
6% Mar
2,900
39%
28%
1
Oie
6
Feb
4%
0%
50c
—20c
Consol Diesel Electric Corp
10c
Consol Electrodynamics
Corp
50c
Consolidated Mining & Smelt Ltd
•
Consolidated Royalty Oil
10
Co
Corp
Devices
Automatic
101
15%
2%
•
Atlas Corp option warrants
Atlas Plywood
Corp
Audio
Jan
4% Jan
21%
-I
Consolidated Mining
Development
3,600
95%
Ltd
Mines
preference
Compo Shoe
Fisneries
Coast
50
15%
1
Is
6% %
Canada Southern
Clark
20%
10
1
Inc
of
participating
Coast
5%
6 %
21
reg
Stores
Laundries
A
Atlantic
Atlas
Feb
101
Industries—
rets
Food
99%
.
39%
25c
Associated Oil 6c Gas Co
Associated Tel 6c T*l—
Class
Jan
15%
wl
Electric
Associate
Atlantic
x93
21%
.2.50
Productions
common
Associate
98%
10«
Armstrong Rubber Co
Aro Equipment Corp
Assoc
XajO
Power 6c Light—
preferred
Armour
96
96
Co
Cement
Canada
Low
High
5%
6
Insurance
Fire
Range Since Jan. 1
High
Snares
Pr.ces
01
Low
1
Co
Gas
&
CuuifueU cniibougttuiau
Canada Bread Co Ltd
Cherry-Burrell
Corp—
shares
Camden
Oil
for Week
Range
Sale Price
Exchange
Siock
Par
Consol
calvan
Jan
Company class A.
Nitrate
32%
Jan
4
Products.
200
25,600
Jan
Feb
16
Post
30%
12%
I
5
Lead Mines Ltd
Apr
31
2
Anglo Amer Exploration Ltd
27%
21,300
Seal-Kap common
Thread 5%
preferred
Anchor
Jan
45 % May
14%
1
Anacon
Jan
14
Feb
35% Mar
34
Photocopy Equip Co
eommon
76%
Mar
xll
32%
14
Writing Paper
Incorporated
Apr
13%
1
American
1%
34
25
A
Apr
31%
32
•
6%
elsuu
Apr
61%
Jan
1%
14
Jan
400
10
9%
10
Jan
Jan
9%
71
13
45
X
Ino
73%
100
100
1
Co
Gas
"l%
12.50
Co
Co
Natural
~1%
1
Inc
83%
50
pfd—15
conv
common
Petroflna
Jan
86%
Co
American
24 %
May
10%
Rubber
American
Jan
14% May
24%
24%
10
Last
STOCKS
Sales
Week's
Friday
3
Canso Natural
56%
35% May
14% May
21
Apr
Feb
86
10»
Manufacturing Co com
'A"
10% Mar
Feb
14%
Maracalbo Co
Anglo-Lautaro
Feb
36%
American
Oil
8%
19%
14%
American
Amurex
30
28%
35%
Laundry Machine
American
400
1,100
8,700
8%
8%
8%
30
4% Mar
Feb
10%
Electronics
American
American
~3%
~3%
Mar
14
a»n
3%
24%
5%
Air
Beverage
AMI
Jan
•
Ino
American
Meter
Apr
4J/s
common
American
American
6
Apr
14%
preferred
Industries
American
Feb
3%
36%
Aluminum Goods Manufacturing
Ambrook
3%
300
-30
(Mich) common
Co of America—
Aluminum
Feb
6
Apr
700
12,200
—-—8
—
Products
Aluminum
4%
5%
5%
stock—1
Corp
wl
Apr
Jan
3%
5
"3%
_1
Allied Internat'l Investing cap
New common
28%
3%
.10
Allied Control Co Inc.
Allied
400
25
4% Jan
3% May
24
lj'/2
_1
preferred.
convertible
1,200
-1
Corp—
Allied Artists Pictures
high
5%
Va
MAY
Jan. I
3'/4
5
EXCHANGE
ENDED
American
5%
.100
Fisher common.
«%%
—
Range Since
Low
High
S'/a
24
Alleghany Corp warrante
Allegheny Airlines Inc.
Alles 6c
Shares
Low
Par
WEEK
for Week
of Prices
Last
stocks
FOR
RANGE
Sales
Week's
Jan
50
Mar
•fi
preferred
series
B
1
19
166%
45
May
42%
45
750
18%
20
2,300
18% May
31%
166 % 171
50
166% May
177%
Feb
75
152
162 %
Jan
152
153%
May
Jan
Number 5635
Volume 185
...
The Commercial and Financial Chronicle
(2125)
AMERICAN STOCK EXCHANGE
Friday
Last
STOCKS
American
Sale Price
Exchange
Stock
Par
Eastern
lnt—1
-—30
preferred
$2
class
Corporation
Elder
Bond
Electric
A
1
Share
&
Elertrographic
Corp
Empire
Ere
25
23
25
8%
300
Pipe
150
24
800
7¥»
Jan
9%
%
3,400
A
Feb
A
Jan
25
May
29%
29%
29%
13,100
26%
Jan
30
Apr
16
16
16%
20
15%
Feb
17V*
Feb
9%
11%
11%
2%
2%
9
12
9%
800
12%
2
¥4
12
Feb
11%
Jan
4,200
9% Mar
12%
Apr
%
8,300
2%
3%
Jan
¥2
1,400
8
Apr
16
Feb
Jan
102
Feb
¥2
600
3 ¥2
14,400
850
9%
38,900
7%
Jan
/I'll 'T 13%
10 A
Jan
Feb
%
Feb
98
10 ¥4
98
10 ¥4
10
8
10
10c
9%
13%
6%
6%
6%
6 ¥2
6 ¥2
6%
%
18
$1 or 250„
10
9%
Feb
Oils
*Jan
39y2 May
800
100
5
12
iz
A
7¥2
7¥b
7%
1
17%
17 %
18%
4.800
2{|
23,400
5'/4
31,900
1
1
Ltd
General
Financial
Firth
Sterling
Fltrman
Jan
Jan
Flying
Ii?
Si's
7
2
Iff
5
7
7V4
2,000
7Va
6,800
6y2 Mar
42 y2
43%
800
41V2 Mar
14%
14
15%
69,000
10%
200
1
Ltd
22%
1
9'A
class
A—
Inc
Line
42%
A
Glass
Oils
Jupiter
10
22
%
%
23%
9%
B
12,600
Pitt
111
107
113
Fcx
Luxe
De
Fuller
reg
£1
Inc
1
Saies
Beer
(The)
(Geo
1,600
1%
Aur
Kaiser Industries Corp
Kaltman (D) & Company
Jan
Jan
Kansas Gas & Electric 4%%
7% Mar
"■
Katz
Drug
8y4 Mar
22%
-1.25
Inc
1
Company
A)
5
Co
5 %
Co
Power
Gaiineau
102%
4%
6 %
7%
45
warrants
Alloys
Fireproofing
General
Indus
General
Plywood
Kawneer
General
VenSyn
Power
(A
Mar
Jan
preferred—
Apr
113
May
120
Jan
7%
Feb
6%
Apr
9%
Jan
3%
5%
6
3,300
8%
8%
1,900
Jan
4¥a
8%
8
16
16
16
300
Jan
Jan
15
Feb
Gladding
41*
Co
Union
Gobel
(Adolf)
Goodman
Grand
16%
Jan
3%
5%
300
5
2%
500
2
28
2%
5V4
2%
' Jan
105
Mar
105
Mar
Feb
6
Mar
Feb
Jan
31%
5%
May,
Feb
2 V\
2%
2,800
2%
Feb
Feb
3
Jan
13% Mar
2%
16
2¥s
(S)
Kropp
7%
Jan
Jan
1,800
39 ¥2
Jan
16%
17%
1,200
16%
Apr
19
Jan
8%
9 Va
8,200
5 ¥2
Jan
12%
Jan
"l%
26%
27
350
18
1%
20,800
1%
14%
15
15 %
2,700
8%
94%
94%
100
92 ¥2
Varnish
Inc
Jan
9 7 ¥2
Jan
6¥a
Jan
16,000
200
300
11 ¥4
May
13 ¥2
Jan
Feb
38 ¥4
Feb
950
29 ¥2
11%
15,100
10%
~2VS
9%
10%
1,100
19%
19 V*
400
2Va
2%
2,600
IS
8,900
%
Jan
9%
■
*
Jan
16%
Jan
2
Mar
Mar
10
Jan
J* 20% Mar
2%
Jan
l¥a
Apr
69
67%
69%
65C
65 V2
Feb
79%
Jan
26V4
25%
26%
800
25
Jan
27
Jan
8
~8V4
2%
*
100
preferred
Great
Lakes
166%
8%
8 ¥2
1,200
2%;
2¥2
4,500
Xl64% 167%
650
(The)
Oil
&
Freehold
Grocery
Guild
2%
2%
7%
6%
8
9c
12%
11%
12%
34,700
9%
9%
500
Leases
116,800
11,100
L'Aiglon
10c
3%
3%
3%
18,700
Jan
7% Mar
2 ¥4 Mar
9%
Jan
,11 ¥2 Jan
149 ¥2
3¥s
127':
Feb
168
Jan
Jan
132
Apr
Lake
Shores
Harbor
*
•
2
1
1
10
Co
Plywood
Inc
Investors
Mfg
Hastings
Co
Hathaway Bakeries Inc
Havana Lithographing Co
Hazel
Corp
Mining
Hecla
Heller
E)
(W
4 %
Co
Rubenstein
Helena
84%
84 ¥2
&
pfd
5%%
Co
Lamson
&
La
Electric
Lear
A
Consol Gold
Corporation
Feb
Lefcourt
Class
Ball
Hoimel
Horn
3c
Leonard
Le
Hubbell
New
5%
Hydrc-Electric
Locke
6%
2A
2
3
Jan
Mar
l¥a
Jan
5
■fg Jan
15 ¥4
14%
18,200
Jan
15 ¥2
'2 ¥2
4,800
2% Apr
lli Feb
12% Feb
16
Apr
Feb
3 ¥4
95
Feb
98 ¥2
900
23 ¥4
Jan
24% Mar
27 ¥2
2%
900
21 ¥2 Mar
153/4
1,700
23%
27
300
96
23%
■
Apr
A
96
__
4%
2¥b
10
15 ¥4
14%
__
133/4
14
300
19%
193/4
500
33/4
3%
4
2%
2
2,400
53/4
10,200
l¥a
1 ¥4
700
13 ¥4
13%
13%
5,500
__
133/b
__
__
Jan
Jan
14%
Feb
Feb
20%
Apr
Feb
4¥b
Apr
Apr
2%
Jan
2¥a
¥4
5 ¥4
VA
Feb
Apr
17 ¥4
2%
5%
18%
Jan
12
7,800
2 ¥4
29 ¥4
14% Apr
,.
6%
Apr
1
Feb
1%
Apr
12
Va Mar
13%
Jan
43/b Mar
.
14 ¥a
12
22 ¥4 Mar
23
100
10 ¥2
12% Jan
3%
33/4
3,500
x3%
Apr
4
Jan
6 ¥4
6 ¥4
100
5%
Feb
8%
Jan
5
'■
——
.33/4
—
'
Jan
Apr
600
11%
13%
'
11%
Feb
Mar
Lynch
86
60
77
Feb
,86
Apr
6%
2,000
35%
1,400
3 ¥4
34
Feb
6%
Apr
36%
Feb
rets
ord
footnotes
preferred
&
Service
Public
Maine
Mangel
Stores
Manischewitz
(The
Tire
Mansfield
B)
International
Marconi
Co
Rubber
&
Aircraft
Mead
G)
(A
Johnson
Merrill
Metal
Iron
Metal
Corp
Thermit
&
Michigan Chemical Corp
Michigan Plating & Stamping
Michigan Steel Tube
Michigan Sugar Co common
6%
preferred
*
Jan
Midwest
4%
4,200
Jan
Miller
16%
8 ¥2
23 ¥4
90
67
90
¥4
61'..
16%
18%
2,700
50
180
7%
Feb
21% Mar
86 ¥2
9¥s
25
Jan
Jan
Jan
94
50
62 ¥2
Jan
67
Jan
1,300
12%
Feb
18 ¥4
Apr
Feb
Jan
6 ¥2
Apr
Feb
18 ¥2
Apr
Feb
10
11 Va
10%
Micromatic
4
3
6
4 ¥4
4
2%
11¥«
3
1,400
4
1,600
10%
1,400
2%
Apr
Jan
Feb
5¥a
Mar
3
Apr
30%
30 ¥4
30%
1,800
Feb
30%
1%
1%
1%
28,600
1¥2 Mar
2 ¥2
Jan
4%
4%
800
3%
Feb
4%
Apr
32 ¥2
33 ¥4
200
26%
Feb
33 ¥2
33 V*
24
Apr
Apr
21V*
20%
21%
12,600
12
Jan
22%
Apr
21 ¥2
2G%
21 ¥2
15,300
11
Jan
22 ¥a
Apr
20 Va
20%
700
Feb
21 ¥2 Mar
17
17%
75
17
50 ¥2
52
75
50 ¥2
•
108 ¥2
54
120
500
23 ¥4
Feb
30
96%
Jan
46 ¥2
107
Mar
19
Jan
60 ¥2
Jan
117 ¥.
Jan
29%
55%
300
Feb
57 ¥2
3,300
110
Feb
128 ¥4
300
63
¥2 May
9,600
4
Apr
54
64
64
see
page
common
Ltd
(Can)
Corp
Corp
cumul
4.50 %
preferred series
6%
cumulative
Mount
States
Muntz TV
Inc
Corporation
Murray Ohio Mfg Co
Muskegon Piston Ring common
Murphy
Co
Muskogee
Muter
common
Company
Feb
43/8
Apr
Apr
National
Dehydrating
Alfalfa
1
1
2.50
1
10
50c
5
50c
50
500
19 ¥2
Apr
24
National
Milling
common
(Mich)
1
1
5
84%
84 ¥2
85 ¥2
140
82 ¥4
Jan
94 ¥4 Mar
1
23 y»
22%
23%
1,100
15 ¥b
Jan
23 ¥2
Apr
National
2y„
2 ¥a
2 ¥4
1,500
2
Apr
2%
Jan
National
b
101 y4
2,850
90
Feb
May
National
Union
•
5%
8.000
Jan
518
Apr
6,300
52% Mar
59 ¥2
Jan
National
12%
12%
300
11% M»r
12%
Apr
National
Feb
National
__
20
Apr
20
May
Apr
13%
—
14 ¥4
1,100
7¥a
7
7
600
National
Neptune
Nestle
Le
Meter
Mur
-
1V4
6%
Feb
Jan
Apr
Feb
17
28
Feb
34% May
32
Jan
34
13 3%
Feb
15%
15 ¥4
Apr
Jan
7 ¥4 Mar
15
Feb
34
Mar
Apr
Jan
6% Feb
14
Mar
44%
Jan
Jan
35%
35%
363/4
4,800
31%
32%
1,350
30%
Jan
35 ¥2
Apr
443/4
44
45
4,300
33 ¥4
Jan
47
Apr
Apr
6%
7
11%
7¥a
9,700
11 ¥2
11%
300
8
Jan
6
11 ¥2 May
13 ¥2
Apr
Jan
15
14%
15 ¥4
15,400
13%
Feb
16 ¥2
3 9 ¥4
39
40 ¥2
4,800
35
Mar
57%
18 3/4
18 ¥2
183/4
500
17
Feb
21%
20 ¥2
.22%
22%
22%
4%
11 ¥4
10%
2,600
23
3,200
4%
11%
1,400
1,200
19 ¥2
4% Mar
7 ¥2 Mar
1%
1%
800
1%
Feb
10 Va
10%
400
9%
Jan
14 Vb
14¥B
14%
1,100
8%
8 Va
8%
9,400
2
Mar
13
8¥b
'
20 ¥2
Apr
Jan
Apr
24%
Apr
.23 ¥2
Apr
Apr
Feb
17
10 Va
'
5
11%
2
Mar
Apr
Jan
10 ¥2 Mar
17 ¥2
Jan
9%
Jan
12 ¥2 Mar
28%
100
28 ¥B
14
Feb
26
29
Apr
Jan
*
"7%
7%
8 ¥4
1,200
22%
21 ¥2
22%
600
18 Vt
5¥b
5%
5 ¥4
500
5
Feb
7
Feb
Jan
8% Mar
23%
5 ¥4
32 ¥2 Mar
—
18%
18%
103
103
300
50
13%
2,200
1A
1%
128,500
'24%
293/4
68,600
13%
1%
13%
28%
85
86
35
16%
21%
Apr
100 ¥4 Mar
12% Mar
Jan
1
20% Mar
104
13%
Apr
Jan
Apr
Jan
Mar
Apr
1% May
29% May
Apr
90
90 ¥2
90 ¥2
10
90¥4
Apr
95
Jan
¥2
89 ¥2
10
86
Apr
90 ¥2
Apr
Jan
159%
Apr
Jan
89
40
85
158% 158 ¥2
50
150%
42 V4
100
41 ¥2
Feb
2 ¥2
Apr
42
42
—
—
——
18 ¥2
17
—
1,800
Mar
17
44
Jan
2% Feb
19
Jan
126 ¥b 127 ¥4
150
122 ¥2
Jan
127 ¥4
Apr
%
28 ¥2
3,000
A
Feb
1%
Jan
5,200
22 ¥2
Jan
3,000
26 % Mar
14
26 ¥4
2 8 ¥4
28 ¥4
31
9%
9%
10
28 ¥2 May
31 ¥4 Apr
3%
1,100
¥4
4 ¥4
700
9%
10 ¥4
1,300
4¥b
6,700
10%
Jan
32 ¥2
600
1%
4
10 ¥4
4
4
19
19
2%
Feb
35%
Apr
2 ¥2
Feb
3%
Apr
9%
Jan
Apr
14 ¥2
Jan
Feb
4 ¥2
Apr
8%
Jan
11%
Jan
3
Apr
4%
Jan
Jan
2%
Jan
3
20 ¥8
2%
100
Electric
Corp
common
Co common
30c
5
1
2%
19
100
18¥s Mar
20 ¥2
300
19%
Electric
National
58%
10 ¥b
14 ¥4
2 8 ¥2
50c
|9ff
56%
Feb
—
1
5
2.50
;_10
1
—1
25c
Presto
Industries Inc
2
Research Corp
1
Rubber Machinery
10
Starch Products common—1
Steel Car Ltd
-*
Telefilm Associates
10c
Transit common
1
8%
3,500
1,000
17
A
Casket Company
7,600
16%
343/4
*
100
•
}
19%
10 Va
153/4
333/4
Apr
15
-
*
19%
9%
163/a
34 ¥2
xy
Inc
19%
10%
6
13%
Corp
National
102
■.4
N
Nachman
Namm-Loeser's
Jan
102
5%
IVa-
Apr
Apr
12
Feb
-
Jan
30 ¥4
11 ¥4
Jan
1
1
Jan
Jan
60 %
9% Feb
50o
common
15 ¥2 Mar
110
26 ¥4 Mar
7%
4
Tel
10%
6 ¥2
46% Mar
1,5003,200
2.50
100
1
Inc
Tel &
Apr
Apr
32,400
17
Feb
16
2,625
1%
5%
100
preferred
Mills
Vernon
Mountain
Feb
5%
100
5,300
Ward & Co class A
*
Investors participation pfd—•
Mt Clemens Metal Products...
1
9%
5
163/4
1%
1 Va Mar
123/4
Moody
11%
X5
Apr
Jan
4,700
11
Montgomery
1,600
513
Apr
20
143/4
250
1%
163A
series B—100
C
100
preferred
4.80%
3,000
57%
18
1¥4
12%
1
1
Monongahela Power Co—
4.40% cumulative preferred
15 ¥4
•
76
10 Va
Weld Machines
National Mfg & Stores common
National Petroleum
Ltd
1
35.
Co
Wohl
Apr
Jan
Apr
Jan
10 y4
*
¥2%
14 ¥2
9%
40%
Feb
1
1
preferred..*
Co
Piping
Feb
5¥8 Mar
17 ¥4
1%
Steel
14 %
10
Jan
Jan
6¥b Mar
9%
common
conv
Co
Bellas Hess
Brewing Co
£1
Machinery
Corp $1
National
4 ¥4
4
•
Inc
Petroleum
Apr
100
126 ¥2 128 ¥4
63 ¥2
5
2.50
5
Apr
28%
100
100
127
May
109 ¥2
108
28 ¥4
*
16%
Oil
Molybdenite
Molybdenum
•
10
*
reg
Co
convertible preferred
Mining Corp of Canada.
Minnesota Pwr & Light 5% pfd
Missouri Public Service common
4
Jan
12
Corp
Hone
States
Midland
Jan
9
6%
29 ¥2
150
4,700
100
5
Corp
Jan
•
4,300
25c
common
Jan
8
¥2
¥2
1
Co
Textile
4¥a
90
6
38 ¥2
11 ¥4
1
Ltd
Peroleums
Apr
5
.
27
1
—1
Co
2%
23 ¥4
\
103/4
1
Co
&
Co
Refrigerating
Mfg
IV2 Mar
8%
——
27¥a
—*
Feb
218
3% Mar
4
common
3% Mar
Apr
55
Jan
103/4
*
—1
5
Corp
Co
&
600
5%
17 ¥4 Mar
Jan
70
37%
-
£1
100
41%
Jan
2 A
500
Marine
Ltd
Co
500
Feb
14%
2 7 ¥2
5
Massey-Harris-Ferguson Ltd
Mays (J W) Inc common
1%
Feb
Feb
Jan
38
8,200
•
Co
3%
4
6
5 4 ¥4
7
3%
30 ¥2
Jan
48%
1
1%
4,500
Jan
53%
50c
Co
common
3%
41
8%
12 ¥2
3%
>
Feb
Feb
30c
10c
Products—
$2 non cum dividend, shares
Mid-West
Abrasive
4
10%
1
Inc
Sporting Goods
Magna Oil Corporation..
Apr
39
4
6 ¥2
38%
1
warrants
Inc
3 ¥4
'lv*
4
Jan
Xl4¥a
Jan
5
110
2%
29%
Jan
10 ¥4
7 ¥4
•'
2,800
2%
15 ¥2 Mar
27% Mar
'"
2
Jan
39
¥2
'
2.50
10,200
3 ¥2 Mar
•
16
1
(The) Co
3%
Feb
*•'
.
11 »/4
300
'
45
•
Exploration
Midland
2%
153/4
41
2%
5
Jan
3%
153/4
10c
58%
2
500
12
rn**m'
45
10
Inc
Feb
*
29 ¥2
11%
1
55%
3
29
'mm'**
1
25c
400
Mar
29
3
Inc
56%
*
Breweries
Cigar
Inc
Ltd
56 ¥3
14
8%
capital stock
Jan
Jan
100
Middle
Inc
(Canada)
6%
14 ¥4
53/a
Jan
Jan
4%
Securities
Apr
500
15
53/a
39%
10%
15 ¥2
—
Feb
53/a
15 ¥2
53/B
5%
15
53/a
Feb
100
i
6¥b
25c
36
300
Co
Jan
9,200
600
3,200
common..
4
5%
12,700
25,000
7%
500
15
Baking
5%
7 ¥4
38
Jan
2,500
Co
4%
Mageg
Jan
Jan
5%
M
2 ¥2
105
Apr
7%
Publications
Macfadden
Menasco
Jan
Apr
21%
.
Mack Truck
Merchants
Jan
5 ¥2
Jan
50o
Corp
Jan
4 ¥4
Jan
Chain
Lunkenheimer
Jan
5 ¥4
5
G)
Land
27
Jan
27
—
*
Louisiana
Jan
9 ¥2
& Co
w
(R
Steel
19
*
Industrial Enterprises Inc
Industrial Hardware
Mfg Co
Insurance Co of North America
For
2%
5
12%
Imperial Tobacco of Canada
5
Imperial Tob of Gt Brit & Ireland—£1
Indianapolis Pwr & Light 4% pfd__100
International
Apr
17 ¥2
Lodge & Shipley (The) Co
Longines-Wittnauer Watch Co
10
Imperial Chemical Industries—
International
2¥a
900
Common
12% May
I
dep
4,300
400
common
Industries
National
Amer
2%
10
37%
5
60c
1
•
Hydrcmetals Inc
Hygrade Food Products
Imperial Oil
2%
14 ¥4 May
¥2
Loblaw Groceterias second pref
Jan
6 ¥4
Manufacturing Co
ac
2¥b
14%
Jan
Jan
5
12
common.^
5
Refining capital stock.*
common
5 %
5 ¥2
:
cumulative
Litton
Apr
18 ¥2
—
(Harvey)
Lock
Jan
800
21,500
21%
Liberty Fabrics of N Y__
Feb
9 ¥4
A
Bearing
&
10%
3,700
5%
14 ¥4
5 ¥4
Co
Petroleums
9%
17%
Mines
class
Hardart
Oil
14%
5%
12%
University
Refineries
Tourneau
9%
¥4
preferred
Humble
12%
5%
Apr
Apr
1
38
25c
—
Hardart
3c
Hura
&
(Geo A)
Hern
5 %
eta
Inc
Border's
13
79
Feb
14 ¥a
300
1
Sessions
McDonnell
6y8
B
Hoover
75
Jan
203/4
Delaware
Realty
McKee
May
•
Oil Co
Heme
Jan
5 ¥4
Ltd
common
8
17%
Inc
Industries
Inc
2% May
10c
Holly Stores Inc
Holophane Co common
v
2%
2 ¥8 Mar
21%
Corp
of
Extension
Jan
—5
1
1
Inc
Co
Hollinger
Holly
600
1
12
1
Higbie
Mfg Co common
Hoe (R) & Co Inc common
Class
Salle
Feb
2.50
Products
nticules. Gallon
Hevl-Duty
2%
30,300
5
35
100
100
Holt & Co common
HofmaDn
5%
6
—*
common
preferred
Henry
Jan
2 ¥4
75 pesos
A
35
10c
10c
*
25c
Bishop Inc
Hazeltine
11%
u
1
2
1
Corp
Corp
Electric Light
Harvard
9y8 Mar
4%
33¥ac
25
1
Company
Organ
Hamischfeger
Hartford
4,600
5
Co
Lanston Industries Inc
1%
H
Hammond
11 ¥2
i
Inc
Inc..
Mines
Corp
Mesabl
preferred
Lamp
10%
1
Company
S
Foundry
6
75
1
B
Gypsum Lime & Alabastine
Hall
11%
1
Ltd
Co
Apparel
Consolidada
18 ¥2
—1
common—,-5
Products
Company
Inc
Gulf States Land & Industries—
$4.50
50
~2%
Company
Stores
127 ¥2 129
1
Films
Class
6y«
20c
Co
Forge Co
Brewing
Communication
—50c
Chemical Co
Hydraulics
Griesedieck
Stores
Jan
10%
8% Mar
38 ¥4
10c
stock
common
Greer
Grldoll
Dept
Laclede-Christy
La
Great Atlantic & Pacific Tea—
1st
Jan
10c
Corp
May
14V4
x4% Mar
ny4
5
Apr
a
—1
Co
16 ¥2
Feo
8%
5
35
4
Jan
11 ¥2
11V*
50
Jan
1%
8%
5 -
1
Co
common
38 ¥8
Jan
11 y«
5A
10%
Mines
53 ¥4 Mar
Jan
1%
37%
1
Great Amer Industries
7 %
4%
%
5
Stores
Krueger
Liberal
6A Jan
*
Manufacturing
Ncn-voting
Minerals
Lamson
8%
B
class
Inc..
Inc
Rapids
700
1
Manufacturing
Gray
100
5%
10
Manufacturing
Gcrham
31%
5%
•
*
Co
&
Consolidated
Goldfleld
8,100
Apr
17%
1
Corp
Distillers
more
30%
5'%
53%
Mines
Gold
McBean
Glebe
31%
•
*
common
Co
Alden
5%
5
Kleinert (I B) Rubber
Knott Hotels Corp
6 ¥4 Mar
49%
25c
Corp
$5
Gilchrist
Glen
Apr
6%
7.50
25
10
2,900
53 V*
ii
C)
8%
700
2.50
Petroleum
Klein
1
preferred
Yellowknife
Giant
Apr
Jan
8 ¥4
5%
4%
5
Mar
•
preferred
Gilbert
(Del)
11
Feb
11,600
5
common
Corporation
Transistor
$4.60
60 Va
8 ¥a
25c
Klrkiand
50o
20
common
Corp
Stores
Georgia
Co
Co
Kirby
413
£1
Enterprises
convertible
5%
com__l
25
dep rets ord reg
General
IGeneral
Chemical
Jan
Ltd—
Co
Electric
Corp
preferred
convertible
American
Jan
~5%
x
Apr
Mar
G
5¥4
*
Co
General Builders Supply
5%
1
;
Corp
Acceptance
General
43%
18
4
50o
Company
15 V2 May
6%
4%
6%
100
Mfg Co common
General
Glen
•
common
preferred
General
Apr
15,900
4%
pfd—100
Kennedy's Inc
Kidde (Walter) & Co
Kin-Ark Oil Company..
Kingston Products
Jan
3¥4 Apr
5y4 Apr
Lakey
Geilman
Ltd
Feb
8
109
Industries
Frtiuillo
43 ¥2
59%
Ltd—
Co
dep rets ord
Amer
High
Feb
57%
1
common
Feb
21'A
voting
Pert
Feb
10A
1,000
8%
7 ¥2
Co
lfi%
lb /4
Kobacker
non-voting
Class
Low
39 ¥2
{
Jeannette
Jan
Canada—
of
Motor
Apr
2A Mar
3 A Jan
43%
1
Class
Fcrd
Feb
16
10
Co Inc
Stores
Tiger
Motor
2
-2.50
—.—
Inc
(M H)
FlUslmmons
Fcrd
__loc
Corp
(Phila)
Association
Fire
Range Since Jan. 1
High
15c
12y8Mar
„Apr
23,700
—1
Faraday Uranium Mines Ltd
Fargo
Shares
13% May
^
1
10c
9% May
6,100
for Week
Low
58
Israel-Mediterranean Petrol Corp Inc.lo
40'/4
Sales
Range
of Prices
•
12 V*
3%
com
class
A
95
39 ¥2
Instrument-
&
Industries
Irving Air Chute—
Israel-American Oil Corp
Apr
3%
Ltd
Co
&
Camera
Metal
Week's
Last
Par
Apr
Jan
39 %
Line common
(Max)
FuJrrhild
Friday
Sale Price
International Petroleum capital stock.*
International Products
5
International Resistance Co
10c
Oil Company
..33 %c
Investors Royalty
1
Iowa Public Service Co 3.90% pfd__100
Iron Fireman Manufacturing v t c
*
Ironrite Inc
1
Kawecki
Factor
*
3
American Stock Exchange
Jan
8%
8%
A
1
Corporation
30%
1
Inc
Eureka
Jan
12%
Co
Manufacturing
Esquire
19%
20c
pfd—100
1
10c
preferred
1st
cum
Eureka
24
10
1
& Steel Corp
Forge
8%
22%
1
Empire Millwork Corp
Equity Corp common
$2
convertible
preferred
Erie
High
.
1
Inc
Inc
Air Freight Corp
District Electric 5%
Emery
MAY
ENDED
Range Since Jan. 1
Low
.High
1
America
of
WEEK
STOCKS
Shares
5c
Corp
4uc.ixumcs
El-Tronlcs
FOR
for Week
5
common
common
Communications
Electronic
RANGE
Range
of Prices
Low
1
Limited
Mines
Sales
International
Sugar Associates—
snares
of beneficial
common
Edo
Week's
Feb
12 A Mar
ft
4f«
21%
20%
8,900
4
3%
Jan
Jan
13%
Jan
5% Mar
11
900
9%
2,800
17¥2
Jan
23
26 ¥2
26 ¥2
100
26 ¥2
Apr
32 ¥2
25%
27
10
22
Mar
27
26
1,400
Mar
27 ¥2
9%
8%
~8 ¥4
~8%
7,100
7%
Jan
5%
5 ¥4
5%
1,900
3%
Jan
1,900
4,100
2¥i
Feb
27 V*
Apr
2%
30
6%
2%
28 V8
6 ¥2
2 ¥2
30
6%
2,000
4% Mar
Jan
23%
22 ¥4
9%
Jan
21
Mar
Apr
Jan
May
Apr
Jan
5% Mar
2%
32
7¥b
Jan
Jan
Apr
33
Commercial and Financial Chronicle.
The
.Monday, May 6, 1957
.
(2126)
34
AMERICAN STOCK EXCHANGE
t
Range
.Par
Oil Ltd
Chamberlain Petroleum
England Tel & Tel
Haven Clock & Watch Co
British Dominion
New
New
New
New
Idria Min & Chem Co__
New
Jersey Zinc-———--—
;
:
Mexico & Arizona
New
Pacific Coal & Oils Ltd
6,500
%
Apr
iS
2 A
8,300
113
Feb
2i96
2'/a
3,500
2
2,030
13114
2,V
2
/Jr
600
%
1%
114
Inc.——..
1%
19,900
114
Feb
1%
38 l/e
Apr
47%
Jan
3,400
13%
Feb
16% Mar
lbs
14,900
114
Jan
11a
11b
19,000
1
2,800
1,100
1214
63
125
5u°/4
1214
1114
la
250
Ind
Northern
50
pfd—100
Co
Pub
4 Va%
Scrv
4'/a
Jan
21*6
3jo
4%
Apr
Scurry-Rainbow
Apr
Seaboard
3
314
10 s
10 Va
10! 2
1014
5
5%
514
7%
■
76
£
8814
88 la
89
8%
8
6 ft
614
Apr
Sherwin-Williams
Jan
78
Apr
Jan
Shoe
914 Mar
2% Mar
Signal Oil & Gas Co
4%%
Ohio Power
Old
Company
Town
Omar
97
"
215
82 s,
25
1
7
Corp common
preferred
40c cumulative
%
90c
common
214 Mar
3%
13% Feb
16%
17,300
63%
150
60
Feb
98
60
95
Jan
2%
2i70
2,900
82%
2jJ
7714
4
600
101
Jan
3
Jan
85
Apr
Jan
71% Jan
'
214
100
2%
Apr
31b
100
3le
Apr
51a
2,075
14 Yo
11%
14%
8514
87%
550
80
Feb
92
Simnson's
Ltd
23
1,700
22
May
26
Mar
4
200
T'-'
4
11% May
3%
14% May
4 % Apr
Feb
!
25
—25
5'a
redeemable 1st preferred—
5%
redeemable
25
25
25
bV'i"/o
1st preferred—
1st preferred-
.5%
1st pfd series A_
redeemable
4.80%
1st
preferred
30%
301B'-
27%
27%
30%
1st pfd—25
6%
Pacific Gas & Electric
30% May;
32%
400
27 % May
30%
Jan
500
25%
2,400
'
•
—
redeemable
1st
preferred
Coast Corp
Penn
25%
28%
Jan
South
24%
25
1,300
24% May
2714
Jan
Southern
24%.- 24%
400
24% May
27% Jan
24
23%
2414
600
2314
Jan
26%
Jan
22%
Jan
24
Jan
redeemable
1st
preferred
25
Lighting $4.50 preferreddividend cum preferred—
•
4.30%
'
Pacific
$4.40
dividend
*
*
preferred
Pacific Northern Airlines
Pacific Petroleums Ltd
•
$4.75
div
conv
dividend
$4.36
Pacific
& Light
Power
l
1
-
5%
pfd_
100
Page-Horsey Tubes common
Pancoastal Petroleum (C A) vtc
Oil
Israel
•
of
Oils
Scale
—
314
Oil
114
3%
Jan
4%
Jan
J
Jan
'
-
62%
Jan
514
14%
1514
200
1414
1514
-1,600
Apr
'.. 6%
Jan
14%
Feb
15%
Jan
14
Feb
15%
Jan
914
Jan
i4l4r
8%.
8%
8%
6,100
814 Feb
81%.
8%
914
5,700
7% Jan
V.
10% Jan
'...7
Mar
,
"4
~414
"414"
4% Mar
100
1,500
53% Mar
58%
Feb
Standard
19%
100
1814 Feb
19%
Jan
Standard Shares
ft
12,600
1,200
314
2,600
9%
400
1114
1%
95%
*
94
714
12,500
95%
1.0
50
950
2,100
714
6%
5,000
A
1
20c
24 3 4
.
1%
Mfg Co Inc
(The) Company
1
Jan
113
Jan
9014 Feb
95%
Jan
6
2314
Jan
25
1%
Jan
2
Apr
Jan
Jan
400
4% Mar
2214 Jan
23%
Jan
Feb
914
Apr
200
8
75%
100
5.7
4,200
4
100
53
-•
2014
1,500
%
834
7,000
55
16%
21
Jan
6%
Jan
400
1414
Apr
11%
11%
400
10%
9%
914-
9%
1,900
-
Apr
Mar
Apr
%
14 Feb
14%
8%
"
614
51% Feb
40,000
14%
r
7514 May
Mar
ill
8%
6
Jan
5%
53
*
Apr
7% Mar
Jan
300
9
20
■
-i-m-
714
Apr
5%
%
1
—
13%
5%
20
1
Feb
Feb
1%
74%
5%
5c
-
1014 Mar
Apr
22%
8%
*
2.50
America
14
Mar
6s/«
'
9
1
common
600
1%
314
Jan
2
9
Apr
22%
5%
•
Co
400.
25
1%
—
2.50
common
Feb
5%
l
10
Apr
9ft Apr
16%
cumulative preferred
—100
Apr
—
90
89%
175
85%
Jan
93%
Feb
Jan
3
15%
14%
15%
1,300
1414
Apr
1714
5
1812
17%
18%
2,200
16%
Jan
18 % May
(The)
Co
Raymond Concrete Pile
1
common
Reda
Reis
Reiter-Foster
Reliance
Rico
Vtc
Oil
&
Engineering
.
**
Cable
Mining
Co
Jan
11%
38%
51%
Apr
x9%
Feb
1314
Jan
600
18%
Apt*
21 %
Jan
~~34
800
1%
41,300
24%
Apr
Apr
11
Jan
1% Mar
114
Jan
21% Mar
34'
114
1%
ft
41%
45
Feb
45
14 Ik
14
-
1538
14,900
1114
Jan
1614
1%
1%
1%
5,000
1 %
May
4 %
4%
100
4214
43%
2,200
2%
2%
2,300
2%
82%
120
8014
2%
1,200
•
Jan
3
43%
& Sons
1
pfd F
100
Inc
l
82
82
2%
--
2,300
36
May
Apr
2% Mar
5%
4% Mar
Jan
Steel
£1
s4
500
29
Feb
-:
6% May
6%
714
Jan
3914
Feb
«»
Feb
15%
Feb
26
Mar
29%
10
Mar
12%
Jan
47%
200
2014
Feb
26
19%
18s2-
19%
18,300
16%
Jan
20%
i
Ryan
Consolidated
Petroleum-^
1
4%
4%
Ryerson & Haynes common™
"8t Lawrence Corp Ltd common
Balem-Rrosius Inc
1
4%
4%
page
35;
?
,
4
21a,
*
40!
2
2,800
3
3%
l
.
.
9%
1
5%
9%
17%
39%
Jail
500
19%
38%
;
9%
Apr
3.000
13%
Feb
:
39%
52
1,700
7 % May
,>•
12
Jan
19% May
40
35% Feb
,
Jan
Apr
24%
Jan
26%
Feb
45%
>100
42%
Jan
45% May
42 3 4
100
38%
Jan
'42% May
21%
2114
Apr
2514
4214
25
5514
2514
2514
600
45%
25
25
1
1
—<—■——1
B—.——1
Feb
5%
10
52
19
—-1
12.o0
36
100
55,900
714;*
Jan
42% May
36%. Feb
21%
700
21%
Apr
22
400
X2114
Apr
X2114
10
49%
Feb-
"
2414
Jan
2314
Jan
2314 Mar
21% Jan
-
414
4%
4%
v
:
•
>
12%
,12 3 8
.
10%
11
67
10%
67','
•;
-
'
*-*—
"
'
114
21,"
■; 114
1%
514
*■
-
-
Jan
75
Apr
-1% Jan
.
Jan
514
Jan
.1%
Jan
614
J
Jan
Feb
3%
314
*
1V4 Mar
400
Jan
7
::
4%
Jan
614 Mar
5%
23%
Apr
24%
5%
Jan
Feb
2114
Apr
Apr
1%
Jan
4.000
6,900
2134"
x21
Jan
13%
500
57 4"
51a
514
x21
A
700
24
23%
'
64
200"
^14
5%
Jan
600
,,
.
Jan
13%
Apr
8%
1,000
31a
514
'514
Mar
1234
900
-100
61a"
37»
.
'
800
-
114"
6 la
•
4
300
Jan
'18%
Feb
Feb
6
'
114
>114
56
56
5314
.
12%
"38
1%
■5114
2,100'
56
Apr
10%
35%
Jan
May
12%
Jan
1,250-
15,600
12%
12
38%
13.100
1%
•
Feb
*
39
fj s
^
;;,39';" Apr
15l4
1,900
13%
Feb
16%
Apr
18
18%
1614
18%
2,800
1614
Jan
1814
Apr
5%
5%
1,200
4%
12.400
4%
5,900
450
5%
; 9
79
500
9%
5%
51b
Jan
714
Apr
Jan
1614
Jan
1314 Mar
1414
Jan
12%
13 1b
4% Mar
6%
3%
Feb
414
Jan
6214
10
Feb
Feb
Apr
Apr
Ltd—
Mines
Corporation
Stein
(A)
1.700
*4114
"
39
3
2%
Mar
414
*
5
*
—
& Co common
Products common_5
Sterling Aluminum
Lie
Sterling Precision Corp
Sterling Brewers
B)
Stetson
(J
Btinnes
(Hugo)
10c
(Del)
32
4%
7,100
4
Jan
4%
1,200
41a Mar
9,900
16% Mar
_17%
1514" 1714
"
7,lOO
6714
68
2,600
13%
13
400
2%
"3
14 %
12%
13 7 4
16
200
16%
16%
3
15,100
Mar
Apr
5
Apr
2% Feb-
22%
1*6
5%
Jan
74
Feb
3%
Feb
3114
Apr
Jan
22%
22%
200
36%
35
37%
15,100
2914
19%
19 %
19%
300
17%
Apr
2014
13%
13%
600
13 % May
14%
Jan
15,400
23a May
3%
Jan
•
—
Sun
Drug common
Supermarkets CorpInternational Petrol Corp
Ray
1
"2I0
*
1
3
2%
10%
6'%
12%
200
1114
Apr
4%
6,100
3% Mar
7
3,000
5%
3%
6%
1314
■1314
1314
13
33 34
331
37a
14
Jan
Feb
13
Jan
12%
12%
12%*.
38% Mar
Jan
700
12
25c
1
Superior Tool & Die Co—
-
B
Class
common
——5
5
—
7
Tampa Electric Co common
Technicolor Inc common—
Oil
1.
Corporation
a
Co
Power & Light $4.56 pfd—
Shovel
Calgary
Co
common—J—,
Chemical
Corp
Thompson-Starett Co Inc—
70c convertible preferred—
Thorofare Markets Inc.——
1
1
25c
5
:-l
:_10c
10
—^-25c
Tilo Roofing Inc
—1
Tishman Realty & Construction.
1
Tobacco Security Trust Co Ltd-—
Amer deposit rets ord registered—£1
Amer deposit rets def registered—5s
Todd Shipyard Corp common
20
Toklan Oil Corp.
L—70c
-
Jail
4s/b
Jan
71b
.,
Jan
Apr
Industries
Cent
Lux
L—1.25
1
Corp
Tri-Continental
warrants
Jan
34%
Apr
6% Mar
814
Jan
Feb
2%
Jan
11%
5,400
-
28%
34
67a
6 34
7
17«
1%
1%
500
u
%
7,800
%
12,600
1%
800
35
%- Apr
98
37
6214;
59''a
6414
22.700
2%
2%
13,300
40%
1914
20
1414
15
1.000
3814
38%
40%
2,500
3
Jan
Mar
9%
Jan
Jan
21%
Jan
1514 Mar
13% Mar
21%
6
Feb
Feb
9
19%
800
15
45%
64% May
Jan
214 May
1.400
9 >4
9
99
Jan
3514
9
l^ff Jan
ft Feb
95
97
2%
Feb
175
37'
40%
Feb
Feb
iu
1%
6iV
114
Jan
Apr
Feb
Feb
'
94 >4
7
98
3% "4%
314
86%
86
86
GOO
■„
r'2,400%
175 rj
79
;
'
Feb
314 Mar
'98
*
91%
Jan
85
.2%
Jan
814
Jail
12%
Apr
2
Mar
4%
Jan
214
Apr
3%
Jan
214' Feb
3%
3%
300
2%
2%
17,400
2%
3
ft
14,000
5%
2%
53a
Apr
2% Mar
1,900
•'
12
3
"2%
Jan
2,200
2%
2%
10%
May
5%
*
2%
11%
5%
1.500
;"
31a
Apr
574 Mar
Jan
15%
*
16%
30,300
3714
37%
1,100
35%
Feb
16% May
38% Feb
29%
161a
—
*
Corp
Temper
Inc
i
1
A—50c
Inc
Oils Ltd
14
13%
2,200
13%
Jan
Feb
Feb
12s4
1.100
"13%
b
—
414% preferred—i—100
Toledo Ed^on
'Tonopah Mining of Nevada.)—11
Trans Caribbean Airways class A—10c
8
'Feb
Jan
Jan
/
514
Jan
-
"
Trunz
—
29%
100
29%
Apr
30%
5%
3,000
914
300
Jan
11
Jan
u
Apr
4.1J4 May
Feb
16%" 17
4%
66 %
1
Corporation
Sunset
411!
5
Corp—-—
Stylon
Sunrise
4%
41°G
2214
common——
8c Shop Inc
Stroock (S) & Co common..
Stop
Jan
Mar
31 Wan
Feb
500
•16%;/
1
1
Jan
800
37«
~6%
J
Co
Trans
2,400
2%
,
37
37
Mills
Feb
2% Jan
10%
Co
see
Jan
Apr
Cuba Oil Co class
451'4
10%
Company—;
For footnotes
3%
3'a
Empire
25 3 4
41
Apr
■
314 Jan
Trans
25%
1.25
3314
6%
Trans
44%
Aeronautical
——
Jan-
900
Jan
25 Vz
10%
29
76,100
Mar
•
common
(The F C)
28
3
100
6%
45
l
1.50
Engineering Corp
33%
6%
87
V
Jan
Jan
2
15%
28%
Apr
32
614
Inc common
Uranium
Parts
True
5
16%
~5%
3
38% Mar
Ltd—
dep rets ord reg
Corp common
Jan
~5%
Trans
1965
Ryan
_r:_
600
3,400
45
15
to
Russeks Fifth Ave
Russell
49%
20
914
18%
50c
Royalite Oil Co Ltd.,
48%
11%
20
l
Roosevelt Raceway Inc
(JO)
4814
1
L
Ltd—
Roosevelt Field. Inc
'.Ross
Jan
Valley Gas Co—
(I)
American
Rome
26%
5
Inc
Rochester Gas & Elec 4%
Ro.vce
Feb
Feb
50c
Corp
extended
Rokeach
Rolls
16
24%
1
Corp
Arms Co
Argentine
Ridge way
1314 Apr
550
1
Co
Petroleums
Rio Grande
1,500
2514
1
&
Electric
Remington
Richwell
14%
25%
20
Co
Pump
(Robert)
14%
25%
»
-
14%
10
Reading Tube Corp common
$1.25 convertible preferred—-
10%
registered
-El
Corp—10c
(The) Corp
Steel Co of Canada ordinary
Thiokol
common
300
13,500
Thew
R
Co
Apr
14%
42%
common—
Products
Stanrock
Texas
•
Electrotype
314
40
Texas
Q
Packing
Feb
42%
Starrett
Texam
Rath
2%
Apr
Puget Sound Pulp & Timber com
Rapid
3,700
20
9% Jan
914 May
Pyle-National Co common
Quebec Power Co
Jan
3%
21%
Talon Inc class A common.
90
114
x3%
Jan
12
I
of Colorado—
Service
May
7% Mar
10%
11%
1
Co
Gas
614
914
"914
514 Mar
5%
3
1
1
6,200
6%
Jan
\b
% Mar
-
12% May
Standard Tube class
614
614
614
14
39.600
Jan
Standard-Thomson. Corp
5%
—10 pesos
203.400
13
Apr
2% Mar
Jan
2,600
14
1014
*
5514
114
3%
li
li
'
1%
5414
4% Mar
Feb
3
May
18%
-2
19%
East Dome Mines Ltd-——
Providence
Jan
1%
■; ;
Apr
14%
25c
of
Apr
12 Va
Jan
ii Jan.?
57
*
10c
class
Inc
Metals
12714
Feb
814
Apr
67% May
900
California Petroleum Corp—2
—2
Materials Co Inc——.
„1'
Southern Pipe Line—
..5
Southland Royalty ;Cp_
;
—_
..1
Spear & Company-^—
1
.5
Specialty Stores Co Inc
._1
Spencer Shoe Corpl—n.
——_
Stalil-Meyer Inc —1—44
r-V—
II
Standard Dredging Corp common
.20
$1.60 convertible perferrcd
20
-1
Standard Factors Corp
—
-1
.1
Standard Forgings Corp —
—1
Standard Industries Inc
o0c
Standard Oil (Ky) ——
r-—T
iQ
Standard Packaging Corp—
-1
Convertible preferred
—
10
X5414
common
& Lambert
Prentice-Hall
98%
Jan
65
3%
32
Southern
1
-
of Canada common-:
Royalties Ltd
Corp
4%%
Apr
1
common
Products
Prophet
27%
2
1
Corp
Rico Telephone
Public
Feb
93
4.08%
Jan
Feb
Jan
1,700
Southern
2.50
Powdrell & Alexander
Progress
16%
i
Mining Co
Preston
Apr
14,900
Valley Wine Co
Pneumatic
Presesd
3%
100
—
—
Jan
3%
Pittsburgh & Lake Erie
Pittsburgh Railways Co
Pratt
;
■
2V2
3%
——2.50
^
1
Minerals
Aircraft
Prairie
—
Jan
»
275
14%
Jan
91
Jan
30,400
97%
97
108
84 Vz
4,400
25%
24%
9714
1 Bol'
Corp
&
Governor
Power
25%
4.32%
2214
4214
46
19,300
3%
convertible preference——25
cumulative preferred
25
cumulative preferred
25
cumulativd preferred
25
4.48%
Mar
iii
California Edison-^- •
4.24%
99% Mar
Jan
10414 Apr
28,400
Pioneer Gold Mines Ltd
Porto
211,
92%
•
Jan
Apr
Apr
2
12%
original preferred
4.88%. cumulative preferred
4.50% convertible preference
Mar
91%
Jan
370
;
8914
3>i A'
8814
3
720
V
105% 107
88%
y 36,700
Phillips Packing Co
Phillips Screw Co
Poloron
'
mm-.
106
23%
98
Jan
84
340
If;
'
Philippine Long Dist Tel Co
Polaris
9614
98
l
Co—,
Circle
Pleasant
86%
50
11%
Pep Boys (The)
Pepperell Manufacturing Co (Mass)—20
Pierce
21% May
500
91%
2
Ltd
Canada
Traffic
Plasecki
400
91%
2
Parkersburg-Aetna Corp
Peruvian
22
90%
%
Chemical Company
Perfect
21%
89
10%
Class B
Penn
22
9014
lc
Parker Pen Co class A
Patino
100
2 Bol
vtc
Pantepec Oil (C A) Amer shares
Paramount Motors Corp
Park
22%
89
preferred
pfd
$4.75
Pan
22%
Feb
23%
1% Feb
20% Apr
19%
5%
-
Feb
'
Jan
41%
'■!
12%
Co common.
Oil
101% Mar
18 3i
——•——•—
South
127%
1234
Manufacturing common
25%
25
4.50%
Corp
5% Mar
Feb
Feb
19%
Inc
(Howard) Paper
Soss
Jan
14
314
common
Jan
'
12,300
67%
59
67%
1
Airways
Slick
24%
-
19
700
114
5714 X65
X(J414
Electronics & Telev
Skiatron
24%
Apr
1%
'
common—.
dep rets ord
Amer
Sonotone
...
,
23s4
22%
114
23
Feb
92
Jan
109%
Singer Manufacturing
Smith
P
1,300
Apr
Jan
814
41% Feb
2
Manufacturing Co
Co Ltd—
Singer
Jan
22
1
Pattern
Jan
22
O'okiep Copper Co Ltd Amer sliarcs_10s
Securities
1
Simplicity
Jan
3%
x4%
1.200
Apr
29
■
Feb
92
-2
Silex Co common
^
1
Silver Creek Precision Corp
10c
Silver-Miller Mines Ltd————1
Silvray Lighting Inc—
——25c
Sirnca American Shares
5,000 lr
Simmons-Boardman Publications—■
$3 convertible preferred——
-•
64% Feb
5
12414
119
Jan
6
"11%
Apr
84
250
89%
Jan
1214
Feh
71a
•
class A
2
9% Mar
3,300
8
414
Class B
Jan
15%
8914
124
3
10c
—
Jan
2%
Overseas
Oxford Electric Corp
'
3%
1
Inc
300
96
63
100
preferred-—
Ltd———j»—
Oils
Okalta
1
3
6114
15
*
common
.
7%
Jan
Feb
10%
Feb
414
700
3,900
Jan
Jan
2%
Jan
11%, Feb
300
'
57a
• '
Canada
of
714 Mar
2% Mar
314
1714
Feb
1%
—100
preferred
Sherwin-Williams
Feb
13%
50c
Ogden Corp common—
Ohio Brass Co class 13
Okonite
2Va
1
Company—
200
U%
8914
4%
o
Oceanic Oil
A
2
13% Mar
6,300
2;
r-26% Jan
Inc——-—_—
1
common——25
Products
Sherman
Feb
Jan
14 Jan
46.300
15
5%
"714
Shawlnigan Water & Power—
3
33,000
Apr
10%
5%
11
5
5 ft
1%
1%
j«I
7114
12%
4,—20c
Inc
s
5,100
Feb
2114
common—————:—*
Leather
Shut tuck Denn Mining
19,400
1%
Feb
12%
34,100
Jan
86
1614
121a
Corp of America common
Siboney-Caribbean Petroleum Co
Sicks Breweries Ltd—
110
2,400
1%
9114
■>:
Jan
'"
•»
145b
114
10
3%
-}
3%
15
Apr
21%
«
7%
9s/4 Mar
1014
714 Apr
7514 Mar
,
20 5
20%
2.800
1,100
81J
6A
in
114
1%
r-
5
Jan
814
7%
8,600
Seton
Jan
9
1%
Servomechanisms
Apr
lie
Jan'
714
"
9%
Jan
4014 Jan
4214 May
514 Mar
,
200
.
; 19%
Jan
ft
1%
Apr
Mar
Jan
Mar
20% Mar
Apr
Feb.
1
9%
114
ep
1%
of America
10
Jan
Apr
Mar
414 Apr
4,200
76.;:,
11
3614
2,100
714
7%
•:
314
.
11%
x40
30.400
534
Jan
9%
200
200
3814
4214
414 1*5 -
Mar
8
18%
15.300
Bros
Seeman
Jan
6
U
Apr
Sentry Safety Control
3ft Jan
Feb
7% Feb
1,700
42
514
Apr
Feb
19%
100
l."u
~8
General
-1
Iric——-4-—u--———
10c
Serrfck Corp class B———
1
Servo Corp of America,——.—1
Apr
18%
*74
8
1
Airlines
300
1814
Oil Co Ltd-—-—50c
Western
11%
21%
8% Jan
.
*
18%
common—.r——-1
Co
100
9%
20',
114
Securities Corp
Feb
414
3
6,800
381 a
"a
.
10,600
4
:
78
1214
Jan
314
4,700
1,300
9%
Jan
2%
32,300
I*
4%
2
3
Northspan Uranium Mines Ltd———1
Warrants———————
Nuclear Corp
Steel
Scullin
1314
1014 Jan
3|j|
10
_—
RR
Feb
87s/4
114 Feb
2 ili
9 i f*;
42
High
"
Sapphire Petroleums Ltd——_—-——-1'
Savoy Oil Inc (Dei)-——25c"
Sayre & Fisher Brick Co„_—
,_1
1% Jan
Va Mar
1314
13
4%
_.
Perm
214
914
San
."
Jan
'8,000
15:,a
5
10
Class B
—•
10
North American Royalties Inc
-I
North Canadian Oils Ltd————25
Northeast Airlines—.
1
Range Since Jan, 1
Low
High
19%
Carlos Milling Co Ltd
8
Diego Gas 8c Electric Co—
Cumulative preferred 5% series—20
Cumulative preferred 414% series_2o
Cumulative preferred 4.40% series_20
San
Jan
1%
•
American Cement class A
North
ft
214 Jan
391.
62
—
North
;*/«
136% Mar
Feb
Apr
8714 Jan
.
Shares
Low
Par
~
1
.-—
————1
Norbute Corporation —-—.—--i—50c
Norecn-Ketay Corp
.—10c
Norfolk Southern Railways
—•
Lites
Noma
Jan
14
114
50,
IMr
2 i'<;
12
Sales
for Week
Week's
Sale I'ricc
MA Apr
38 Va
13>/3
Superior Oils—————-.——1
York Auction Co common
*
New York 8c Honduras Rosario
10
New York Merchandise
—10
Nickel Rim Mines Ltd—
;
—1
Nipissing Mines
Mar
14(4
1%
New
Range
of Prices
Last
STOCKS
American Stock Exchange
Jan
common——;——*
New Process Co
3
Jan
2
New
:
li
2%
Co——-———1
Mining
New Park
,
MAY
ENDED
*
Land
New
High
%
••
y
134%
WEEK
Range Since Jan. 1
Low
High
134'a. 134%
U
*
—-50c
39%
25c
15%
X
20c ■W Hi
preferred
50c convertible
New
FOR
Etiday
Shares
Low
—1
40c
50c
100
.->1
Oils Ltd—;———
New Bristol
of Prices
Sale Price
Exchange
RANGE
for Week
Last
American Stock
Sales
Week's
Friday
STOCKS
—-—5
——*
Union Investment Co
—-—
4
Union Stock Yards of Omaha——20
United Aircraft Products common—50c
United Asbestos Corp
———1
United 'Cuban Oil Inc
———-^10c
Unexcelled Chemical Corp
Union
Gas
Co
of
TJ<ed -Elastic Corp
1714 May
United
Milk
5%
5%
j—.
Canada
•
9
22%
6%:'
614
6%
6s
s
22s
-
2
6%61b
100
2,700 "t
6,600
5%
014
Jan
24%
Jan
Feb
614
Apr
FeB
'
% May
30-
--
3*et>i
'
—
Products
common
5
4%
-4%
7% Mar
'5% Mar
13,300
5-
Jan
,80% Apr
Mar
22
J
Jan
'
-%
7
514 Mar
66,
8%
4%
Feb*
114
Jan
35% Mar
*-<5 + yJun
Commercial and Financial Chronicle
Number 5635... The
Volume 185
(21127)
35
AMERICAN STOCK EXCHANGE
RANGE
Friday
Last
STOCKS
Shares
Low
'
'
'
■
—•'
•
Jan
11
100
10% Mar
14%
Jan
41%
8,900
45% Feb
33%
20
40% Apr
33 y« Apr
37
Feb
10% Mar
12%
Jan
«—-
Corp
~1%
1%
3,200
1
Jan
40
38%
40%
36,400
34
Apr
2
Jan
40
39%
40%
1%
—10c
700
3
2%
1
1
common
—50c
4%
4y«
4%
500
1
8%
7
8,900
2,500
1,000
—25o
2%
2%
8%
2%
Universal. American
10
Corp
...
59%
56%
59%
Universal Consolidated Oil
Universal
Marion
Universal
Products
4
Co
1% Jan
2% Apr
-
18
27
20ya Jan
27
5
17,300
4% Apr
17%
24
4%
5 '
AS
Apr
May
5% Jan
i
secured 6s
7s
1947—
Vanadium-Alloys
*
46%
48
3,100
300
50%
•
'
118
Petroleum
4,200*
5%
5%
5%
—
5%
12%
1
50%
5%
Apr
$137
Rio
de
Janeiro
stmpd
•No par value,
a
(Plan
A)
2s
6
;
Odd-lot
dividend,
"
Jan
Jan
5% Feb
&
$0
Knapp
series
Webster
Weiman
27 b
300
16%
16%
16%
300
27%
2818
1,800
1%
27b
4.500
1%
20,900
190
19% Mar
&
—1
Company Inc
Manufacturing
West
Utilities
Western
Leaseholds
.1.25
.....
4.40%
1st pfd .100
.
White
Inc
Stores
5Ya%
:
conv
Wichita
173.14
92.39
89.72
88.46
89.46
90.01
Apr
May
1_.
495.76
146.13
73.33
173.66
92.36
89.60
88.56
89.39
89.98
May
2_.
498.56
147.02
73.46
174.52
92.40
89.53
88.60
89.57
90,02
1% Jan
144
Apr
2%
117b
27b [ Jan
91
Jan
7%
7%
3
10 1
Jan
1
Thurs. May 2
91.06
91.32
91.32
91.48
Jan
Fri.
91.61
12%
26% Mar
May
3
37b
3%
Feb
47b Jan
17%
1,225
14% Jan
14
14%
560
17%
177b
17.7b
600
72%
75%
3,100
;r 11% Jan
16% Feb
697b Feb
177b Apr
1Q0
Mar
15% Mar
51}
515
5U
500
2%
7,300
—
17% Apr
79% Jan
lOo
Corp
Interest
BONDS
Period
American Stock Exchange
177b
19
19%
15% Mar
Week's Range
or Friday's
Bid & Asked
High
Low
$53%
Pump 4s Inc debs 1994—June-Dec
Appalachian Elec Power 3%s 1970
Jane-Dec
Bethlehem Steel 8s Aug 1 1998
Quar-Feb
Boston Edison 2%s series A 1970
—-June-Dec
Chicago'Transit Authority 3%s 1978
Jan-July
i\b
lft Feb
2,800
A Amer Steel &
Jan
197b May
Range Since
Bonds
Jan. 1
Sold
Low
No.
91%.
25
Composite
Manufacturing
; .purable
V
—
.'
Goods
v
•New
4s series A 1993
A 1st mortgage 4s series B 1993—
Finland Residential Mtge Bank 5s 1961
897b
80%
817b
62
627b
61%
59%
58%
58%
1
95
98
20
102
Flying Tiger Line 5%s conv debs 1967
Guantanamo & Western RR 4s 1970
Jon-July
Altalian Power Realization Trust 6% % liq tr ctfs—
Midland
Valley
4%
RR
55%
April-Oct
1963
National Research Corp—
5s
New England
*
3%s
Power
102%
1976—Jan-July
subord debentures
convertible
Nippon Electric Power Co Ltd—
6%s due 1953 extended to 1963
Ohio Power 1st mortgage
1st mortgage 3s 1971
Pennsylvania Water & Power 3%s
3y4s 1970
80%
Southern
Southern
California
Counties Gas
Southwestern Gas
3%s
Gas
95
&
West
Penn
Traction
5s
1960
94
—
i
97
104%
96
Stocks
No.
94
2
91
90%
95
3
91
125
136
.
1
ABaden
7s -1051
A«s
A
searlea
A
1«52
Aikleeriee R Aasv,
Dentig «Port? ft ^Waterways ■ -6% s
156.2
274.8
:
340.5
Exchange
Bonds
Apr. 30
B~nd
Bonds
Sales
Bonds
■.
Tues.
Government
Bank
Foreign
Bonds
222,000
-
3,753,000
May
1
2,307,320
4,038,000
147,000
May
2
2,855,256
3,939,000
193,000
Fri.
May
2,386,060
3,407,000
$3,737,000
3,975,00a
4,185,000
-
—
2,206,800
Wed.
Thurs.
—
140,000
-
Total
12,042,736
-
of
S.
1956
1957
1956
177,245,965
$976,000
18,600,000
$1,152,000
19,800,000
332,755,800
19,472,000
370,617,400
$19,576,000
$20,952,000
$348,548,850
$391,401,400
$70,000
52,000
15,671,050
94%
94
91%
97%
Railroad
Bank
Foreign
86%
85%
86
89
80
—
Industrial
and
88
97
96
89
90%
96
99
93
89%
—
97
89
Total
97%
90%
96
91
$85
88%
917b
Transactions at the American Slock
Exchange
Daily, Weekly and Yearly
93
77
1027b 102%
28
100%
104%
(No. of
Domestic
Government
Foreign
Corporate
98%
987b
16
94%
987b
Shares)
Bonds
Bonds
Bo*ds
75%
76
73
77
72
1
72
7
72
101% 102%
$101% 102
92
101
Mon.
Friday's
Bid A Asked
Apr. 30_
May
1
May
2_
May
3
;—
—
—
-
—
High
Bonds
Sold
No.
45,000
if,ooo
15,000
$20,000
145,000
54,000
38,000
20,000
1,081,060
961,705
77,000
12,000
35,000
124,000
4,504,395
Total.
$281,000
$76,000
$84,000
$441,000
Week Ended May 3
1957
Range Since
Jan.lt
Low
755,580
834,475
Stocks—No.
of
Shares—
High
4,504,395
1956
5,721,975
1957
Jan. 1 to May 3
1956
75,141,994
88,205,067
$4,899,000
3,604,000
Bonds
$133-
$103^
$24%-
105
—
—
—-
$281,000
$685,000
$4,094,000
Foreign government
76,000
56,000
Foreign corporate
84,000
28,000
796,000
687,000
"$441,'000
$769,000
$5,577,000
Domestic
$170 7b 190
-
81
217b
134
Total
Bonds
$80,000
-9,000
$3,000
58,000
$57,000
87,000
871,575
Apr. 29
Tues.
Week's Range
or
Foreign
Stocks
Wed.
92
92
Last
—
97,000
91%
93
Jan-July
$215,000
82
92%
$88
Sale Price
218,520,665
13,184,200
Government
87%
$83
-
•
Bonds
U.
586,000
406
r
23%
-Total
!
l
12,042,736
Shares
1
!
Jan. 1 to May 3
Week Ended May 3
1957
Stocks—No.
>
i
3,547,000
———
$976,000
$18,600,000
i
4,132,000
■
-
80
$94
72
Total
United States
Int'l
Railroad
and Miscel.
100
$94
Feb-Aug
Feb-Au*
——Aprfl-Oct
1852
Jan-July
382.0
$274,000
1
$91%
Central Bk of German State & Prov Banks—-
vv
r.
(Germany)
286.1
290.1
+ 0.4
$3,463,000
%
87
87%
Low
-"
427.1
161.1
j
+ 0.6
—0.1
2,287,300
International
95,
$83
—June-Aug
Period
'
317.5
Apr. 29
95
6
1257b
Friday
American Stock Exchange
462.5
+ 2.1
87
95
94
.Feb-Aug
-Jan-July
June-Dec
June-Dec
Interest
:/
0.0
289.5
160.1
280.4
355.6
■
382.7
419.3
460.6
„
102%
98%
82
Foreign Governments and Municipalities
BONDS
.
Mon.
Fri.
Union 6s 1959
of
Shares
Thurs.
Western Newspaper
,
Daily, Weekly and Yearly
98%
100
"9
83%
$82
3s 1971—Jan-July
3%s 1970
Feb-Aug
Washington Water Power 3%s 1964
Webb & Knapp .Inc .5s debs 1974
55%
—
95
$85
(Calif.)
Electric
United Dye & .Chemical 6s 1973Wasatch Corp deb 6s ser A 1963
5
4
947b
$80
—April-Oct
405.7
-
—
125
87%
441.7
+ 0.7
86%
:;86
987b
95
1964—June-Dec
Jan-July
1970
-
102% 103
94
6s
53%
90%
33
—
$80
1998—Jan-July
Safe Harbor Water Power Corp 3s, 1981—May-Nou
Sapphire Petroleums Ltd 5s conv deb *62—Jan-July
Southern California Edison 3s 1965—
Mar-Sept
3 7bs series A
1973
Jan-July
3s series B 1973
Feb-Aug
2%s series C 1976
Feb-Aug
3%s series D 1976
Feb-Aug
3s series E 1978
Feb-Aug
3s series F 1979
Feb-Aug
3% s series G 1981
April-Oct
Public Service Electric & Gas Co
92
$997b 103
Jan-July
1968—.—April-Oct
April-Oct
3%s
91
$96%
May-Noo
1961
108% 109%
55% 55%
$88
91%
+ 0.3
117
98
98
109%
: ;
,
322.5
434.3"
406.9: /
Transactions at the New York Stock
60
$58
62
May-Nov
May
Mar-Sept
Jan-July
295.6
161.1*
280.2
357.2
346.0
High.
Delaware Lack & Western RR—
1st mortgage
409.8
341.1"
*:
■
Low
High
+ 0.4
97%
89
Lackawanna of N J Division—
342.5
436.1
460.5
Transportation
Utility
Trade, Finance and Service
Mining
123%
90%
88
23
1957—
Percent
Change
57%
121 Vb
947b
$127 % 130
81
3
78.87 Jan 23
and with highs and lows for the
ApT. 18,'57-
Apr. 25.'57
High
52
55
93%
Low
groups compared with the preceding week
current year are as follows (1939=100):
Non-Durable Goods
Friday
Last
Sale Price
94.00 Aug
-,The SEC index of stock prices based on the closing prices of the common
stocks for the week ended April 25, 1957, for composite and by major industry
5% Apr
\ Sft tfeb
7.200
1%
l,5o
1ft
Ltd.
13
Range for 1956
High
SEC Index of Sleek Prices
/
*
"
85.25 Feb
Low
3
Jan
8% Mar
72%
..SB
,.£i
91.61 May
4% Jan
14%
rets ord reg
Zapata Petroleum
May
'
16%
"
High
23% Jan
500
/
Range for 1957
Closing
Moa. Apr. 29-—
Tues. Apr. 30
14,200
pfd—
Inc.
Hargreaves
"
Date—
May
19% Apr
5% Jan
^
Compiled by National Quotation, Bureau, Inc.
Feb
10% Mar
Averages
(35 Stocks)
Wed.
96% Feb
6% /preienence
■iX.
Jan
.
Machine
Industries
Over-the-Gounter Industrial Stock
fiL
■at.
% Jan
9
May
22
Feb
3% Apr
1,300
21%
j
Jan
38
300
3%
3%
19%
!
,20% Apr
29% Jan
V 200
11
3%
Petroleum common
Woolworth (P Wi Ltd—
Wright
22%
7%
Woodley
Amer dep
9%
4,700
1,600
3%
Lt 4%%
Newspaper
Woodall
2
1%
21%
Industries—
.
&
Pwr
73.01
17
6% preferred
-
145.84
33% Apr
1% Apr
117b
(R C) & Co
Brothers common
Wisconsin
Wood
494.361
68
9
Williams
Wilson
1
Jan
41
22
Corp
Williaxns-McWilliams
90.10
Jan
100
common—
Oil
89.60
Feb
1,400
2
Corp
(The)
88.56
23% Jan
preferred
River
Wickes
'
89.87
% Feb
35
s
92.39
35
41
40
Bonda
173.18
54
39%
Total
\
72.96
100
34
Rails
146.38
137% Mar
35
ities
trials
493.95
126% Jan
.
10
Util¬
Ralls
Stocks
J
100
41
ities
Grade
April
April
Mar
7% Jan
Inc
Weyenberg Shoe Mfg
White Ragle Internat Oil Co_.
roads
Second
Jan
Feb
10,300
trials
10
First
Grade
.
90.11
5% Mar
61
65
89159
6%
61
Total
Date
J
10
15
Util¬
10
IndU3-»
20
Rail¬
88.61
900
ft
V,.
30
,
61
Western Tablet & Stationery com
Westmoreland Coal
on
\'i. ■;
if.-.
89.95
300
137
7 '■ "i
i
Averages
92.31
2%
137
137
dividend.
172.86
n
2
40
2012 _jan-July
72.99
2
6
40
75
146.98
300
?
39
•
4S1.50
1,100
86%
~5',b
.
Western Stockholders Invest Ltd—
—18
V Amer dep rets ord shares—
Westmoreland
2
52%
1
52
1
2
~2%
53
49%
51%
101%
April
19%
h
73
99%
53
52
Indus¬
Jan
2'/2
19%
pfd—. .100
Ltd
Western Maryland Ry 7%
140
1—5
(Dlel)
Inc
1%
1%
140%
73
32%
2%
13074 Feb
•'
1
557b
Jan
1% Feb
141 %
-10C
1%
73
$52 7b
17
1% Jan
1
73
$99% 100
the daily closing averages of representative stocks and bonds
the New York Stock Exchange as compiled by Dow, Jones & Co.:
Bonds
7.''
Stocks
;
Jan
3%
25% Feb
1
54
—
are
4% Jan
104
15% Feb
28
;
2% Mar
—30
Inc.
Wentwortb
Texas
Apr
2%
preference
Investors
99
2%
Tiernan Inc
Waltham Watch Co common
Webb
10
67/a
Apr
1
&
Wallace
4
$72
Slock and Bond
Below
7% Jan
3% Jan
100
101% 101%
.100
preferred-
cumulative
$2
200
4
4
>
Inc
& Bond
Waitt
57 a
<
5
1
717b
54
..
ABonds being traded flat.
listed,
ctfs ext
■
__
-
v
Co
$53
/
'
*
"
;
•
SReported in receivership.: ;
■
1 ••
:
Abbreviations used above—"cod," certificates of deposit
"cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v" non-voting stock; "v t c," voting-trust certificates;
"w i," when issued;
"w w," with warrants; "x w." without warrants.
• 'J
,s
Aircraft
52
70%
ection for cash (not included in year's range), x Ex-dividend, y Ex-rights, z
Ex-liquidating
^Friday's bid and asked prices; no sales being transacted during Current week.
•
Waco
52
■
—
Deferred delivery transaction (not included in year's range),
dEx-interest,
transaction
(not included in year's range),
f Ex-liquidating distribution
gEx-stoek
h Ex-principal, n Under-the-rule transaction
(not included in year's range), r Trans¬
Jan
7%
13 7b
w
Wagner Baking voting
1% preferred
—
a
r
6?
59%
$737b
—
155
111%' 139%
$53
'"
High
126
—
$160
—
.
'
5,100"
Jam 1
Low
No.
4%, Jan
Apr
5%
:
Range Since
Sold
125% Jan
4% Jan
400
57 b
Jan
11% Feb
900
11%
Jan
83
115
Vs
Co.
67b
,
Jan
.35% Feb
2%, Mar.
Apr.
800
118 ."V
115
12%
5
Vinco Corporation —».
Virginia Iron Coal & Coke
Vogt Manufacturing.
Vulcan Silver-Lead
Corp
3;:
3
3
Van Norman Industries warrants.
Venezuelan
4% Mar
x80
preferred
Steel Co
Bonds
High
$155
.June-Dec
,
"
1,200
5%
47 o
4%
common
convertible
$4
Friday's
..Feb-Aug
1947
(City of) Germany—
7s 1939 (20% redeemed)
_May-Noo
AHanover (Prov)
6%s 1949_:
—Feb-Aug
ALima City (Peru) 6%s stamped 1958—. Mar-Sept
Maranhao stamped (Plan A) 2%s 2008
-May-JVoo
Mortgage Bank of Bogota—
A7s
(issue of May 1927) 1947
-May-Nov
A 7s
(issue of Oct 1927) 1947
April-Oct
Mortgage Bank' of Denmark 56 1972
.June-Dec
Parana stamped (Plan A) 2%s 2008
-Mar-Sept
Peru
(Republic of) —
Sinking fund 3s Jan 1 1997-Jan-July
;
Valspar Corp
or
Bid & Asked
A Hanover
'•'vi. 59% May
31 Va Mar
Feb
15% Feb
17%
a
Jan
9
7,500
25.200
17
27
2
common..
Apr
4% Jan
Jan
48
Jan
3% Mar
41 y8
29% Jan
1—. —14
Corp
Sugar
41%
,
6% Feb
15
Insurance
2Va Feb
27% Feb
4,700
Corp
Corp
Utah-Idaho
'
.1
United Stores
Universal
33%
1,300
'
Reclaiming Co
Vitamin
1%
1%
1
B
class
Unitronics
1%
11
40%
25
Rubber
S
1% Mar
11
41
.
Conditioning Corp
S Foil
Jan
10
Preferred
U
208
Jan
200
25
1%
Week's Range
Last
Sale Price
Low
5^ Apr
5ft Feb
25
common
United States
Period
AGerman Cons Munic
United .Specialties common
U
Interest
High
Ltd—
United Shoe Machinery common..
Air
BONDS
American Stock Exchange
Range Since Jan. 1
High
.
U S
3
for Week
Amer dep rets ord registered— —10s
United N J RR & Canal
—100
United Profit Sharing
10%
preferred
MAY
Friday
Range
Loiv
Far
FOR WEEK ENDED
Sales
of Prices
Sale Price
American Stock Exchange
United Molasses Co
Week's
$9,089,000
Commercial and Financial Chronicle...
The
(2128)
36
Monday, May 6, 1957
OUT-OF-TOWN MARKETS
RANGE
Boston Stock
Friday
stocks
■
...
Last
Sale Price
Par
American
Motors
Tel
American
Anaconda
Corp
Tel
&
Boston
&
Boston
Pers
134
111% 178 %
3,463
170%
237
57%
845
49
49
High
Low
5%
6%
6V2
67 Vz
50%
16%
6
187
73 Vs
560
37
12%
12%
10
12
68%
366
58
40
Mar
37%
Mar
Detroit
Ford
Building
Jan
Gas
Eastern
Mass
6%
St
10
Assoc
class A—...
100
pfd adj—_u—-————-100
cum
First Nat'l Stores Inc
Ford
37%
39 %
Feb
63
13
__
—
63
13
57%
Apr
67%
Feb
7%
10
49
__
•
50
367
17
Jan
13%
Apr
52
Jan
47% Mar
Co
*
57%
58%
247
54
Jan
Co————--—5
63%
64 V*
2,029
52%
Feb
64%
1
41%
43%
451
40%
Feb
46% Mar
3%
3%
10
Detroit Stock
59"% Mar
Electric
Motor
General
Gillette Co
;
Bakeries
Hathaway
—
1
Inc
—
Apr
3%
3% May
STOCKS
Kennecott
Star
Lone
*
Copper Corp
Boston
Theatres
Cement
115
Corp__
15%
33
33
13
Apr
35%
12
75
Apr
Feb
13%
Jan
Jan
New
N
England
Tel
E
Y
N
H
N
Electric
Pennsylvania
Shawmut
Chemical
12c
Co
RR
Webster
Twist
.
United
Fruit
United
Shoe
—
U S
Vermont
&
Jan
Consolidated
20"%
427
20
290
21% Mar
23% Jan
D
—
43%
45%
935
36
Feb
45 % May
Detroit
19%
25%
19%
25%
122
17%
Feb
20%
Jan
Detroit
417
24 % Mar
27%
Jan
32%
32%
47
29% Mar
32% May
C
Navigation common
Edison
Steel
46%
47%
1,795
Jan
Ford
40%
41%
915
40%
Apr
45%
Feb
Fruehauf
43%
46
90
39%
Feb
49
50
52%
52%
50
52%
100
—90%
90%
10
12.50
58%
59%
365
Cincinnati Stock
Friday
stocks
Last
Sale Price
Par
47%
Jan
44
63% Jan
95
Feb
General
52 %
59%
Apr
Goebel
Feb
Piano
-8
■—.
;•.
"y*
_
Cincinnati
4%
28%
*
&
—
3%
Apr
64%
Jan
80%
173/4
16%
17'%
880
163/4
Jan
17% Mar
73/4
7%
425
6
Jan
13%
14
8,600
13
Jan
14
38%
38%
39%
4,950
373/4
Jan
40
16
16%
1,162
16
4*/s
493/4
175
3
_
493%
Apr
8V5}
Apr
May
Apr
21 l/a
Jan
Apr
May
4%
Jan
1,113
44
Apr
51%
Apr
3%
58
58'/a
2,024
543/4
Jan
59
Mar
19'/2
Range
for Week
of Trices
Shares
Paige
Lakes
203/2
4,397
19'/2 May
24
Jan
27%
Apr
17%
57
17%
Apr
18
Mt
30% Mar
Jan
lOff
1%
1%
*
1%
1%
2%
23/4
I':V6 •**
Lock
&
20 J/4
20
5
4'%
4
—10
26%
27
2%
3%
Manufacturing—
Screw
Products
Clemens
Metal
Co
;
~2%
1
4
preferred
4%
Apr
Feb
1%
Apr
Jan
2% May
:?V" 6% Apr
33%
Feb
153
20%
171/2
Feb
350
25% May
165
26
..;
...
-3
(S Si
4,742
I/'"
6.
20%
25V4
common
"
i
'AT.
'/a
21 »/2 Mar
Mar
28
Feb
20%
4'/a May
4%
Jan
27%
Apr
17
110
180
Apr
1,593
25%
Jan
3
808
2%
Feb
3
Jan
3%,'.
236
3%
Jan
3%
Jan
42%
Feb
52%
Apr
Jan
11
y
Jan
Parke
Davis
&
«
Co
24
50
23
19%
50
18%
Apr
24%
Jan
Peninsular Metal Products
27%
29%
155
22%
Jan
29%
Apr
Pfeiffer
Brewing
35%
36
61
33%
Feb
37%
Jan
Prophet
Company
98%
Apr
Rickel
6%
Jan
River
Apr
Rudy Manufacturing
26% Mar
Jan
1%
2%
/■'
1
Jan
43 34 May
Apr
3 3/a
10
Masco
81
38%
2,658
—2%
Low
27%
6,847
43/4
Bearing
Kresge Co
27%
433/4
4%
Manufacturing
Range Since Jan. 1
High
41%
Chemical
Industries
8%
Apr
4%
common
&
7
175
433/4
2
Ball
7
1
...
&
7
1.66%
Corp
Oil
20%
.1
Lamp
Hurd
High
5
-i
——-
Industries
Houdaille
91%
6%
%
Jan
28%
29%
294
26%
Jan
30
88%
89%
103
87%
Jan
95%
44%
44%
25
40
Feb
50%
Jan
85%
Feb
(H
W)
i;
•
,
52
52
52'/2
807
103%
10%
103/4
360
83/4
4'A
if/,'
4%
710
4
ll»/2
113/2
296
2,900
5
—
-1
11 3%
91%
8
91% Mar
38
.
6
.
Raisin
___
2
_
Paper
2%
Feb
Mar
4%
Jan
9%
Jan
11'/2
Apr
2 3/a
Jan
1,000
10%
Apr
3% May
11% Jan
1,610
10%
Feb
12% May
Jan
>100
_
Jan
100
2,068
20
_
Motors
Hoover
6%
com_ -„8.50
Electric
preferred
Hall
28%
_
Gas
_
Brewing
Hosklns
immm
_
•
Churngold
Apr
5
Z;
3%
79 '/a
4%
19%
'
10
_
_
L—i
_
24
0
Brewing
_
21
Feb
17%
K 390
3%
Corp
Trailer
Gar Wood
Sales
17%
27%
1
_
Feb
5
__
Co
Motor
Apr
90% Apr
Exchange
Week's
Low
20
—
Balcrank
Carey Mfg
Champion Paper
$4.50
preferred
May
5
Jan
__
Graham
Baldwin
Jan
3
76%
.
46%
Co—
American Laundry
20 3/« V
15%
Jan
3'%
I
__
Economy Baler *
Ex-Cell-O Corporation
&
Great
Burger
_
22'/2
5
Westinghouse Electric Corp
205;
16%
Motors
20%
__
4
p\.V High
2% Mar
3%
10
22
.
+
'
—
20%
-1
.
Paper
Continental
41%
Corp
RR
Jan
common
Jan
22%
—
376
•
763%
*
—
Mass
16%
50%
Feb
42%
•
3
Low
13% May
327
3%
•
-5
Company
i.
Die
&
Machine
Bueil
25
Co
Co—
Refining & Mining Co
Smelt,
Feb
Feb
13%
1
346
Budd
Jan
137% Mar
20%
5
Co
Mach
Rubber
S
U
Jan
14%
48%
17%
Apr
132
1
Manufacturing
22
1
Drill
16
253
McLaren
Brown
Mar
13'%
3
3
Range Since Jan. 1
"y.
High
.
133/2
—
1
common
*
.
Stop & Shop Inc
Torrington Co
Union
3,367
Apr
*
50
_
Inc
17
134%
47%
6c
300
10c
16%
134
14%
__
5
Association
&
Stone
16%
134%
——100
RR—
9c
__
20
100
—
Hart
&
Mathieson
Olin
—
1
System
Tel Co
&
1
Shaies
Low
1
Wrigley Stores
Electric
Allen
"
Narragansett Racing Assn
National Service Companies
F
C
for Week
of Prices
Par
A
Sales
Range
Last
|Jan
15%
Feb
32%
50
13
10
14%
23
123%
Feb
102%
175
117
15 %
25
Exchange
Week's
Friday
Apr
Sale Price
Loew's
PONTIAC
39% May
28%
816
-
KALAMAZOO
JACKSON
Ry Co—
1st pfd
cum
5%
Fuel
&
DETROIT
,
Telephone: WOodward 2-5525
68% May
ANN ARBOR
Eastern
Exchange
Midwest Stock ELxchange
Stock Exchange
Jan
14%
Apr
65%
Jan
Stock
Jan
19%
Feb
Jan
54
Feb
May
American
Stock Exchange
York
New
178% Mar
Jan
—10
V'-'.
Members
8% Mar
Jan
15 %
& Co.
Watling, Lerchen
Range Since Jan. 1
———5
»
Co
3
Sales
Shares
High
—„—..—3?%
Prop
MAY
ENDED
for Week
"
of Prices
16
—*
common
Hecia Inc
Service
Cities
RR
Range
66%
49%
—.—„—25
Maine
Calumet &
177%
———50
Company
Boston Edison
^
6V2
WEEK
Exchange
Week's
Low
5
-100
FOR
_
—
1
3>%
103/2
10 3/2
12 3/4
12 3/4
18
v
10%
12 3/2
5
_
181/2
y
'
Cincinnati
Milling
Cincinnati Telephone
Crystal Tissue
Eagle
Picher
—.
50
Kroger
U
S
54%
:—
.„„50
—.
Unlisted
American
57
234
54
61
100
53%
56%
Standard
Apr
Studebaker-Packard
47%
Jan
United
60
48%
650
37%
37%
5
52
52
1
Mar
Jan
Wayne Screw
Feb
61
Jan
56%
Airlines
__1
American
Radiator
American
Telephone & Telegraph
50%
18%
Jan
52
Jan
52
79%
803/4
163/4
51
177 % :178%
17%
165
16%
178%
-V Jan
663/4
180% Mar
170%
Jan
120
72 3/4
Feb
77%
Feb
Anaconda
50
66%
66 3/8
75
58
Feb
72%
Jan
Armco
10
Jan
54%
1
Manufacturing
19%
3
Baldwin Lima-Hamilton
13
Bethlehem Steel
1
—
Chesapeake & Ohio
10
Service
Colgate
Gas
&
Ohio
Dow
Du
Power
&
Light
5
Eastman
Electric
Kodak
!
International
(The)
National
National
Pepsi-Cola
Phillips
Petroleum
St
Sears
Standard
Sunray
101
42%
177 3/e Mar
58
40
543/8
Jan
160
52 3/a
Feb
604
38 %
Feb
44
17
70
14%
15
34%
37%
154
34
Rad
Tel
Ashland
—
5%
Feb
8%
Apr
38%
37'/2
38%
8,650
Feb
40%
Apr
36%
35%
363/8
600
35% May
55 %
Jan
34 >/a
33%
34 '/a
3,500
32 % Mar
35'%
Apr
183/4
18 :l/4
1,400
17%
Apr
24
Jan
23%
23%
1,100
2l'/a
Feb
24%
42%
44
500
40
Feb
44
79%
80
500
66%
Feb
80%
Apr
31%
Apr
'
—
1
'
•
.
San
•
I".
42%
10
26
Feb
6
5
(Un)
—
Jan
May
371/2
400
31%
Feb
38%
2
6%
1,400
5%
Jan
8
% Mar
153/4
7
-i
5
Jan
conv
Atchison
100
—
16%
5,700
151/4 May
18
Jan
6'
V2
15%
2nd
—
—
Topeka & Santa Fe—
Common
24%
27%
Automatic
Washer
•
-
723/l,
Feb
78%
Jan
900
31'/2
Feb
37%
Jan
61%
1,100
57%
Feb
72%
Jan
55'/2
56%
1.400
51'/2
Feb
64%
Jan
14»/«
800
131/4
Feb
16%
Jan
18'/a
193^4
5,700
16 '/a
Feb
19% May
30
30%
800
28% Mar
30% May
—
1,800
22% Mar
-
241%
-10
10
_
Co
-
-
-1.50
;
24%
25'/4
Avco
183/2
300
14%
Jan
19
521/2
2,300
41%
Feb
52 % May
%
%
%
5,000
■
—.
3
Manufacturing Corp„;
Jan
18
49%
•*
124% May
26%
18
51%
4
_
19%
—"
f
:
Refining Co
300
37'/a
56
-
753/4
66'/2
13%
♦
75 %
34%
66%
1
•
179% Mar
Jan
37'/a
-
5
common
170%
75%
-
50
10
preferred
20
Jan
25
_
—
2.000
177% 178
177%
—25
(Un)
Corp
27%
23%
23%
Jan
Apr
Baldwin-Lima-Hamilton
-
-
6%
6%
6%
1,700
3/4 Mar
6
-
Apr
1%
Apr
Apr
7
Jan
12%
,
Jan
70
44 %
53
Jan
Bearings
45%
165
38%
Feb
46%
Jan
Belden
Manufacturing
535/s
53%
20
48%
Feb
58%
Jan
Bendix
Aviation
33
Apr
41%
Feb
Benguet
Apr
29 %
Jan
Febt.
57 % Mar
48
Inc
__
—13
900
14
14%
Jan
3%
J ATI
3614
Jan
36
36
64%
61%
64%
1,700
1%
1%
100
46%
45%
473*8
10,300
29%
29%
29%
30
Jan
14%
15
350
14%
Feb
16
Jan
26%
26%
263/4
600
25'/a
Feb
*27
Jan
44
500
383'4
Feb
45%
Jan
20
20 3a
1.900
17'/2
Feb
21
Apr
3%
-10
_
5
Corp
Consolidated
35%
50c
—
Co
"
12%
43%
(Un)
14
14%
47%
413/i
263/s
Inc
(Un)_ —PI
100
3%
400
3'/4 Mar
33'/2
Feb
58% Mar
1 '
4
s
64% May
1 %
Mar
Jan
j
*
Bethlehem
Steel
"
Corp
(Un)_
8
413/g
47% May
Feb
"
5
67 % May
Binks
.
—1
Manufacturing Co
■
50
26
Mar
*
Feb
59%
Apr
'
„
41%
—
,7
60%
23%
23 %
161
20%
Apr
23%
41%
4138
4
37%
Jan
41% May
543/4
5434
_
46
50% Mar
61%
Apr
13%
118%
Borg
60
60%
134
533/4
Feb
61
137
47%
Feb
60
May
27.
20
23%
Feb
27%
Jan
55
13V4
Jan
13%
Apr
157
101%
Feb
.
Apr
60
26%
133/8
13%
116% 118%
19%
65%
63%
65%
70
57% Mar
72%
Burton-Dixie
r
58 '/a
80
52 »/a
59%
Apr
44
44
82
42% Mar
45'A
Jan
$6,462.50
50% Mar
58
Jan
44
1,676
18
Feb
Feb
Canadian
Canadian
Carrier
Celanese
50%
52
Central
Central
of
South
Aviation
100
11
Mar
14
1
Jan
41%
43
200
34
Mar
433'a
Apr
21
21
21
100
18% Mar
21%
Jan
2%
Apr
14%
Jan
10c
Inc
,
-
25
3%
-16%c
10
-
America
(Un).
-
57'%
-
2%
100
3%
57%
16
2%
40%
39
30%
30%
.
2%
Apr
11%
Apr
30%
Feb
-
34% May
!
!
Jan
,
55%
Feb
63%
Jan
J
400
14%
Feb
17%
Jan
1%
Feb
2%
Apr
34%
Jan
2'/a
800
4 O 34,
1,600
30%;
3% Mar
.
1,100
15,000
4
57%-
10
.
200
100
2%
12'/a
5
_
^
34%
15%
-
•
—50c
Corp
Public Service
2%
12 Va
34%
^5
(Un)
West
11%
43
1
Brewing Corp
&
Illinois
11%
5
12.50
common
Corp
20
'
Prospect Ltd
Corp
Centlivre
52
Hecla
Pacific
"
5
_
Corp
California. Eastern
Calumet &
Jan
58%
-12%
20%
10
—
Burroughs Corp (Un)
118% May
20% Apr
20%
(George W) Ccrp
Borg-Warner Corp
Budd Company
Burlington Industries Inc
Jan
583/4
10
Viscose
Atlantic
36
44.
Foundry
47 Ys
45%
"25
page
100
*
•
see
73/4
'
12.50
Oil &; Refining
$1.50
Apr
38%
Feb.
73/4
-
Athey Products Corp
19%
9%
—
Co
38% Mar
100%
7% Mar
—
Tobacco
& Tel
56% May
20
—1998
(Un)
&• Stand
Feb
5
1,100
Corp
34 % May
2234
_
footnotes
Motors
1
125
7%
7%
*
1
Company (Un)
Armco Steel Corp (Un)_
Armour
& Co
(111)
-
For
Machine &
20
124% 1243/4
Jan
7%
5
.
^
Anaconda
37% May
Feb
Apr
38%
1
Co
56%
48%
45 %
*
(Un)
34%
84
Transit 4%s_
Co
American
BONDS—
Cincinnati
Can
Cvanamid
34%
59%
—10
Paramount Theatres
"American
Jan
17
Jan
Apr
Mar
Feb
Feb
Broadcasting
American
64% May
43%
67 %
.16%
Apr
64%
26%
__
(Un)
American
May
42
35%
37'/2
32%
—
American
59 % Mar
%!
High
Low
700
Manufacturing
American
Jan
57%
35%
Range Since Jan. 1
High
1,000
..
Corp_
American
31 % May
57%
(P W)
192%
Feb
67'/a
.—1
>
Shares
44 3/2
33
*
Airlines
Sales
for Week
of Prices
Jan
28'/a
--
1% May
1% Mar
3334
L;
1
Apr
67
50
26%
(Ohio)
49%
Feb
56% Mar
—
Steel
Woolworth
32
%|
Paper
Chalmers
American
Feb
31'/a
15
I~~;
Allied
Allis
Apr
26%
Shoe
Westinghouse
75
62%
6,935
43%
% 443/4
.
..
27%
"
S
49
35
(Un)
American
47%
Jan
l'/a
33
5
-
Castings_
56%
Edison
U
31%
31%
31V8
—
IIIII5
(N J)
Carbide
S
Apr
29 % Mar
39%
—
U
29%
96
Oil
Union
40
111
(Indiana)
Toledo
105
Corp
•American
Jan
295/8
Apr
6
Low
10
Allied Laboratories
Apr
18
33%
I
Oil
44%
Feb
33
Brands
Oil
Feb
16 3/4
33%
~
Co
Standard
42%
379
IIIIII3
I
Oil
Standard Oil
80
17%
5
Mobil
Standard
43%
17'/»
Feb
10
Roebuck
Southern
42%
Feb
37%
•
Sinclair
Socony
Jan
16
10
Regis Paper
68 %
63%
5
Republic Steel
Feb
30%
331/30
Oil
pure
58
83%
5
—
Alleghany
"
315/s
16
Apr
10
_
Advanced Aluminum
Jan
70
10
43%
I_5
Lead
Feb
30
*
Distillery
National
52
59%
96
5
Dairy
67%
Feb
53/8
_20
Laboratories
Acme Steel Co
Jan
—
25
Register
Abbott
47% May
13% Jan
Apr
39%
3
Harvester
50
14 %
Apr
% Mar
11%
—
1%
Co
Cash
65%
12%
41
38%
.
Mead
National
10
60
—■
_5
General Motors
229
11%
Jan
96
5
Greyhound Corp
1
47 7a
193% 195%
2.50
Electric
13 %
45%
5%
—
5
Stores
Ford Motors
General
48%
/
10
Auto-Lite
Federated
70
31%
5
_
6%
13%
165
Range
Par
19% May
7% Jan
29 >/4
--
7
—
Chemical
Pont
1.7%
—
10
.
Dayton
42%
5
Corn
65%
Feb
65%
'!
*
So
Feb
16 3/s
65%
—
10
Columbia
Columbus
51%
531
11%
46%
i":~~'
25
Cities
92
19%
13%
»
Industries
56%
18%
6%
Apr
1,503
53/8
Week's
Last
Sale Price
Jan
18
184
Oil
8%
round-lot transactions only
the
Friday
--
STOCKS
80% May
Feb
Mar
16
compilation of
Jan
24
Apr
75%
Steel
Apr
Feb
1%
~1%
1
-..
_
Jan
10
Feb
63/4
Midwest Stock Exchange
Feb
39'/a
75
Tobacco
Burlington
_
20
7
525
16
15%
15%
—1
__
y.
100
5%
1
-
1,015
Jan
36%
95
—
5
100
18%
80%
10
7%
9>%
73/4.
•
9 'A
16'/a Mar
Apr
25
Avco
w
Distributors
Shirt
~9%
1
.
10
A
Cyanamid
Ashland
...
—
17% Mar
i
Apr
44% Mar
14%
72
B
Stocks
American
American
class
Tube
-
Apr
45%
1,234
14%
Feb
53
v
301
47%
14%
*
common
Preferred
40%
48%
2
—
Printing
140
14%
Gamble
&
90% Mar
Udylite Corporation
44%
10
common
13
12% Mar
61
...
;
Procter
25
56%
10
Rapid
522
41
*
Mfg
88
13
'
10
____
87%
13
—
Gibson Art
Hobart
87%
u
Dillon
Scotten
600
29% Mar
5
403i May
31%
Jan
..
;
Number 5635
Volume 185
(2129)
The Commercial and Financial Chronicle
....
OUT-OF-TOWN
FOR
RANGE
\t■
'
\
V
Sale Price
'
•
dist"
"ex
Low
Oil <& Ret in Co common
Chesapeake & Ohio Ry (Un).
Chicago
St Paul &
1
25
Ry
64
11%
9% May
1,000
500
25%
303
-
60
Jan
Industries
Cylinder
Jan
National
Distillers
Gas
Products
i.7%
18%
2,800
16y8
Feb
18%
Jan
National
Gypsum Co
34>/2
300
24
Jan
34y2
Apr
National
Lead
43
200
30%
Feb
43
Apr
35%
35%
303
National
10 %
io y8
10%
140
140
140
37%
Jan
10
Jan
12%
40
129
Feb
xl33J/4
Tile
&
Chrysler Corp
140
.
76%
79 %
1,500 L
68%
65%
€8%
2,200
45%
45%
500
Inc
41
42
500
*
,/•
——.
ZZZZZZs\
5%
*
.
140
Apr
%
New
(Un)
64%
80%
Jan
.
Northern
Northern
Jan
Northern
42
Feb
Apr
51
Feb
37
May
6%
Apr
20%
16%
Feb
18%
39 VB
Jan
42 y8 Mar
1,700
39%
39%
40
6,600
1,400
,
"
*
Controls
Co
Oil
26
Mar
31 y2
Apr
800
45
Mar
49%
Jan
300
17%
Jan
20%
Apr
7%
*400
6%
Jan
8
&
Detroit
Dixie
Co
*_
common
Edison
5,900
ny2
Feb
14
300
2iy2
Feb
36%
Apr
Pacific
850
39%
Feb
46
Jan
Pan
13
14
32 y4
42%
44
Cup Co
-V.V:;
V.
Du
(E I)
Eastman Kodak
Four-Wheel
Feb
28
Jan
56% Mar
66%
Jan
Feb
192%
Jan
192% 192%
100
177
38%
39%
1,800
36
Apr
51%
94
95%
700
84 y4
Feb
95% May
39V4
15%
__2
230
6
23
15%
8%
5% May
Gas
Class
General
Foods
5%
General
Peoples
Feb
Potter
Co
Pi blic
Service
3
15,800
Jan
3
19%
Werner
Rexall Drug
43%
Jan
Reynolds
(R J)
45'A May
46 % Mar
D:climan
Bros
36%
F b
Feb
42%
42'%
42%
1,100
41 %
Feb
200
34%
Feb
?
36%
36%
80%
80%
100
73 %
Feb
82
Industrial
Inland
17
200
16%
Jan
17%
26%
27
32%
32 y4
100
29%
Jan
2%
2%
14,600
1%
Jan
41%
300
32 y4.
2%
41
9 53
100
1,500
16%
16%
*"
16%
9%
9%
121
136% 141%
700
..
vr"'""..
23%
27 %
14%
14%
400
10%
11%
1,900
6%
6%
300
15%
11%
38
Jan
14%
Jan
-s
16%
2%
26%
Feb
Apr
10
Feb
100
36%
Feb
Jan
17%
Jan
11% Mar
13
Jan
20
59%
Jan
72
Apr
3,000
1%
Jan
4%
1,000
4%
Feb
5%
Jan
25 % Mar
28 %
Jan
26 %
•
10
2% Mar
International
Mineral
&
International
Packers
Ltd
850
20
22%
Jan
55
55V8
350
52% Mar
63
Jan
21%
1
——1
20%
55
21%
22%
1,300
19%
Apr
23%
11
Apr
12'A
500
79
Mar
350
32 %
10
101%
87%
88
35
34%
35%
2,100
29 %
35
29%
200
10
10
100
97% 101%
39%
39%
35
33%
35
13%
——•
.3.50
——
200
11
11
13%
13%
—*
Interstate Power Co
21%
34
__7.50
_.
(Un)
Feb
Feb
99
Kansas
Kennecott Copper Corp
8.75
*
5
(Un)_^—
Kimberly-Clark Corp
Jan
38%
Jan
Feb
29%
Jan
Jan
11%
Feb
2b
9%
107
Jan
500
94% Mar
100
39
Jan
29%
Feb
13%
Jan
14%
Feb
45% Mar
60%
Jan
1,100
600
Raisin
River
Leath
Co
Gas
51 %
1,900
38%
300
38 %
Feb
25'A
25%
300
23"A
Jan
115% 116%
600
103 %
Feb
43'/a
42%
43 Ve
1,500
41%
Jan
3%
&
___4
common
common————_*
Co
7
Libby McNeil & Libby
Lindsay
Chemical
Louisville
1
*
*
Co common—
*
(Ky)
Electric
&
Gas
& Co_.——.—1
Lytton's (Henry C)
Manufacturing
&
(Glen
Martin
L)
Co
Merck
«■
,
Co
Brick
Metropolitan
Micke
*
1
15
16 %c
;
Portland Cement
Medusa
4
Co
Marshall Field
3%
1,100
3 %
Apr
Minne
Minnr
Missis
Misso
Modir
Mobs;
Mont
Morri
outh
lis
Utilities
Spring
Brewing
Sigr.ode Steel Strapping
Sinclalr
Oil
Corp
^hemical
Ward
Pacific
Southern
Southwest
Co
Square
D
'io>
&
Co
Oil
of
Oil
of
50f
Standard
Oil
(N J)
Standard
40 %
,35
Feb
May
rsotcs
see
33%
Jan
37% May
53%
1,100
31 %
'
—
—
2on
Jan
37%
16% Mar
20%
48%
Feb
59%
Jan
22% Mar
25%
Apr
10%
Jan
9»A
Apr
Apr
Jan
57
9'A
56%
400
64%
Jan
58 V4 Mai
25'A
25
25%
500
24%
Jan
26
Jan
10%
10'A
30'A
10%
30'A
1,100
10 «A
Feb
11 y2
Jan
100
26%
31 y8
Apr
—
Feb
Sunbeam
Corp
.
r*
%
■
11%
11%
11%
600
11%
Jan
12%
33%
600
32%
Apr
47%
'
Feb
33
Jan
32 y4 Mar
37%
Apr
37%
100
26 y4
26 %
3,700
26 %
Feb
29%
Jan
24
24
100
23%
Apr
24 y2
Jan
31%
31%
100
28 y8
Feb
32 V*
Apr
66%
37%
26%
Feb
55
67y4 May
67%
400
58%
57%
58%
2,000
3iy2
30 %
31%
400
28
23 '/a
22%
23%
800
20%
Jan
23% May
44
43%
44%
700
46% Jan
67
47%
Feb
Mar
59 y4
Apr
33
Jan
42%
Feb
100
4%
Apr
300
26 y8
Jan
23%
2,200
20%
Feb
4%
4%
4 Vb
30%
30%
31
23%
23
5%
31
Jan
May
23%
Jan
Apr
11%
200
11
Mar
12%
29
200
28%
Jan
32%
40%
■:
12%
29
40%
600
37%
Jan
40 V2 May
5%
5%
100
5y8
Jan
Feb
6%
Jan
Apr
39%
26
128%
54%
2,700
43 %
53%
54%
2,200
50% Mar
62
61
61% May
60 % May
Jan
61%
4,000
53%
Feb
60%
1,200
48 V*
Feb
16%
17
900
15 y»
Jan
17 y4
Jan
41
40%
41%
V
)
32
Feb
41%
Apr
1
1
1
14%
14%
14%
800
13
Mar
16
Jan
7 Vs
7-/8
l,XUj
51V*
50 y4
51'A
5
26
24%
26
6,150
1
25
26%
26 %
26%
2,700
35%
35%
37
1,600
(Un)—7.50
42%
42%
44 %
300
68%
66%
69%
1,100
44%
46%
600
Apr
15% Mar
29
Company
Products
Sylvania Electric
Jan
Jan
(The)
Texas
Go
Texas
Gulf
Textron
Thor
3.33"Ac
Producing
Inc
50c
—
Tool
Power
Edison
*
Co
200
6% Apr
8%
Jan
48
Jan
51% May
24%
Jan
27
Mar
Feb
27%
34% Mar
42 y8
Jan
45
Apr
22%
Jan
Feb
55
Feb
69% May
32%
Feb
40
66%
66%
300
64% Mar
68%
Feb
20
20 %
200
18% Mar
21%
Apr
50%
50%
50%
97
50 % May
52%
71
74%
2,600
55%
Feb
74%
28
200
26%
Feb
28'A
14%
50O
29
550
24%
Feb
47 y2
May
13 y4
Jan
13% Mar
400
35%
Feb
41 y4
1 'A
1%
1,000
1%
Jan
1%
Jan
26 y2
Jan
30%
Apr
1
•
(Un)
Century-Fox Film (Un)
208 So La Salle St Corp
300
40%
26%
63'A
•
-25
Continental Corp
—
13%
40
118'A
28'A
59%
—10
Corp
13%
2
1
1
(Un)
29'A
1%
Apr
30%
Apr
28
14
27%
30%
100
26%
27
900
22 %
Feb
27
Apr
63'A
63'A
170
62 y2
Jan
63 y4
Jan
101%
Jan
71%
14%
28%
13% Apr
5
Co
20th
Feb
52%
54%
Apr
Mar
44% Mar
3%
&
54% May
53%
56'A
:
Tri
~7%
7%
7
400
6% Mar
8
Feb
Jan
Union
Carbide
&
Union
Electric
(Un)
Union Oil
Carbon
Corp
10
of Calif
United
34
800
31%
Jan
35% Mar
35%
33%
33
35%
400
31%
Feb
35% May
(Del)
United States Gypsum
46%
38%
38%
700
37%
Apr
Jan
38%
54
550
51%
57%
Jan
U
52%
Jan
54
36%
Apr
U S
Corporation
United
36%
36%
-
500
30%
Feb
14%
100
13%
Feb
15 y4
11%
200
10%
Feb
12 y4
S
35
36
6%
Jan
1,200
58%
Feb
76% May
Feb
100
350
35%
1,300
2,300
30 V4
100
41 V4
34%
34%
37 %
5
43'A
38%
37%
43%*" 43 y4
43%
43
4%
j
'
May
31%
600
1,550
Jan
36
900
7 y4
36
Co
Walgreen
16%
,
5
16%
Steel Corp
118% May
1,100
26%
59%
20O
52%
Feb
60% Jan
28%
29%
600
28
Apr
42
7%
900
6%
Jan
7%
53%
55%
800
51%
Apr
58 y4
15>A
55%
300
29%
57%
7%
15%
200
14%
Feb
17
200
40 y8 Mar
Apr
48% Jan
3,600
57 V* Mar
73% Jan
29%
45%
45%
63%
65
29%
45%
64%
Jan
5iy2
_4
(Un)
Co
1
4
1
Industries
States
Rubber
(Un)
Feb
118%
28%
114
29%
300
io y8
11%
4,300
Jan
29 y4 Mar
Jan
Apr
Jan
Jan
36 %
.5
...
59%
Machine Tool
Sundstrand
Jan
11%
1
:
to
Corp
Studebaker-Packard Corp
13%
16%
44.
700
16%
Corp
11%
•
page
46%
1
5
Container
1,000
11%
50c
Feb
25
Stewart-Warner
Stone
12%
50%
Mute
Jan
—
__7
10
(Un)
Equipment
Railway
12
36%
-referred
Jan
38
*
Oil Co (Ohio)
Standard
12
3
MVo
65%
500
25
Indiana
25%
50%
_
Feb
64%
1
California
Standard
Trav-ler-Radio
36%
common.
Feb
60 y4
62%
*
(Un)
Standard
Jan
14%
2
(Un)
Co
Mour
39%
50c
2
5
Dredging Corp
Jan
_10
Moto1
Jan
1
Co
15%
—
_
Apr
37 y4
1
Rand Corp (Un)
Spiegel Inc common
25 %
76%
.
7%
62'/a
♦
(Un)
Sperry
Jan
73'A
Co
6% May
38%
—5
Manufacturing Co
Public Service
Jan
7%
(Un)
&
1,700
900
._1
Co.
Southwestern
14%
9
Co
Jan
6%
38"%
6%
38%
15
24%
76%
.
Cement
ufacturing
52%
1
100
*
-
"'irtland
Jan
Feb
6%
—3
800
1
—
Apr
63
43%
-10
15%
7%
(Un)—
53 y4
500
1,300
61% Feb
49%
49%
33
25'A
.12.50
Co
Mining & Mfg
River Fuel
Feb
56%
56
.12
14%
14%
-10
.
43
56
47%
52%
__
5
Axle
&
25 %
1
_
49
Apr
23% May
...
Webcor
Middle
Jan
—5
Paper
15%
4
Inc
rrv's Food Products-
Apr
18%
5
1
(Un)__l0
United Air Lines Inc
Marquette Cement
45%
800
200
*
Tobacco cl B
Co
Transamerica Corp
25
Liggett & Myers Tobacco <Uu)
Printing Co common
$3.50
preference
Lincoln
Feb
1,000
23%
52%
'
Toledo
Laclede
20
48%
23
2.50
(Un)
Sunray Mid Continent Oil Co
50%
1
Co
Monarch
Knapp
Jan
2,100
48
23%
Jan
38%
34% May
38%
*
City Power & Light—
Power & Light (Un)
Kansas
50%
10
Steel (Un)
& Laughlin
22%
20% 20%
48
—1
Inc
Swift
Jones
Jan
Jan
88
—15
(Un)
Tel
Feb
Apr
13%
Jan
Chemical—_5
Co
Apr
Feb
21%
*
&
10
38% Mar
14%
500
2%
4%..,
Harvester
Paper
900
x20%
•
141% May
850
(72
26%
International
Shoe
12
31
-5
9% Mar
108
15%
11%
11%
1
*
Tel
Jan
7%
Mar
11
11%
5
10
42 % Mar
38
2%
.———__—*
International
12 y4
Mar
26
'
36%
15%
71%
10
International
Apr
15% May
15 >A Jan
5% Mar
100
*
(Un)
Feb
Jan
38
1
10
Steamship Co
International
36
14% May
10
28
*
Indiana
of
2% May
34
35
1
10
——
r.
28
Apr
33%
Jan
103
35
25
Co
Feb
11 %
__12.50
Jan
'
Development
Steel
Interlake
15
Mar
Jan
16%
1
—3
Products Co
Jan
100
14%
Manufacturing Co
Steel Corp (Un)__
Standard
Indiana Steel
Apr
18%
Jan
36'/8
36 y8
Dock---——
RR
50 y4
Jan
15 %
Corp of America (Un)
Rockwell
1
Central
Feb
15
28%
15'A
1
(Un)
Standard Brands Inc
Illinois
48%
700
300
400
44% May
39%
Illinois Brick Co
200
v
16%
33%
15%
9%
57ya
Jan
1,300
Huttig Sash & Door common
49%
7u0
Revlon
14,900
:
Jan
24%
Apr
43 %
Inc
49%
23%
64%
45 %
Corporation
Apr
Feb
2,400
Feb
41%
10
Industries
Howard
Hupp
28
42%
36%
19%
53%
Republic
44 %
Bartlett
26% Jan
900
35%
19'A
53'A
Radio
Raytheon
43%
25
Spencer
300
35%
Feb
Apr
45%
Corp
27%
48%
48%
15%
33%
•
_5
Kibtard
Feb
27%
37%
Jan
——10
'
Hein
52% May
44% Jan
Feb
47%
__
47%
36%
10
40%
:—
Jan
36
37%
14%
300
.—ii.
20%
48%
900
5
68%
2,900
———
Mar
300
Co
Apr
Jan
—166%
(G) Brewing Co
19
52%
39%
Oats
Jan
8%
44%
3
Heilman
Jan
38
1,300
13%
.-1—— 1
Hammond Organ
Harnischfeger Corp
77%
52V4
45%
55 %
26
64%
Co
17% Mar
Jan
__
42
800
43
Corp__
Jan
Mar
52%
45
1,400
10
63%
O
Oil
1,200
18%
44% May
Jan
68
50
5
67%
64%
1
Griesedieck
20
Mar
16%
1,600
(Un)
13%
10
1
Gulf
17%
69
69
Co
Oil
64%
44
&
Co
.13%
—5
Dredge
16
39%
300
17% May
Apr
*
Lakes
17%
-
Mar
83 % May
j
2% Mar
5
Great
18%
16
Jan
52%
Gossard
18%
(new)__25
:
24%
65%
(Un)—
Co
Glidden
18%
300
11,400
25
10
(The)
Pure
—._1
(The) Co__——
Gillette
Jan
17 %
_5
Coke
&
& Co
Apr
72
?
Jan
41%
17%
2
A
Phelps Dodge Corp (Un)
Phillips Petroleum Co
15%
2,100
_
38%
Apr
33%c
Feb
83 %
Corp
Mar
34%
50
Light
Gas
Pepsi-Cola Co
Pfizer (Charlesi
13%
2%
Corp
35% Jan
28
1,700
1
Pennsylvania RR
Pullman Company
82%
Telephone
Feb
1,900
35%
-1
Penn-Texas Corp common
Apr
2%
2
Motors
General
28
31%
25
(Un)
prior preferred
conv
18%
82%
Corp
31%
6%
Jan
1
___5
(Un)
B
Feb
19% May
Electric Co
General
12% Jan
34%
17
Warrants
54%
1,800
General Dynamics Corp—.
Jan
Mar
30%
5
Peabody Coal Co common
16 %
14%
Candy Corp__
Jan
30%
7.50
Corp
(Un)
class
Co
800
20%
Contract
39 y2
31%
35
2
Pen
1,100
14%
General
800
40%
129 y8 May
32% Mar
31%
*
World Airways
18%
19%
General
9
9%
12
Electric
&
American
58%
20 V'i
Corp
300
9'A
1
!
59 % Mar
Transportation—2.50
American
Box
Feb
9%
5
10
Co
Chemical
Olin-Mathieson
Quaker
General
General
1
(Un)
17%
17%
.10
Auto
Jan
16
Apr
__1
Drive
Feb
350
Jan
246
100
Fruehauf Trailer
Co—
_
Co
Co
57%
-5
—
700
15%
5%
-5
110
345
341
15%
-1
Apr
500
Apr
600
—___
Inc
Dairies
Apr
May
1,000
345
Co.-—
Motor
Furcmost
40
69
62%
.10
Falstaff Brewing. Corp
riser Mills of America Inc.
Fcrd
32% May
Feb
Jan
May
24 %
Paper Corp—
Eady
69
59%
-1
(Un)_.
Co
37%
24
5
Inc
Air Lines
Eastern
(Un)
Nemours
de
27%
100
200
5
.
i
Chemical Co
Pont
'
69
5
Dodge Manufacturing Corp.
Dow
2,000
40
69
32%
40
40
*
L,
;i.—
(Un)
Paramount Pictures
.30%
32%
10
35%
100%
34%
Apr
32
_20
(Un)
Co
200
700
33%
5
44%
44% 44%
-V
(Un)
Oklahoma Natural Gas
Parker
Deere
36
37%
121% 129%
37%
129%
Jan
Apr
42%
'■
Edison
19%
13 VB
1
Feb
5
Co______
Ry
Power
Manufacturing
31%
7%
5
America
of
24%
*
Gas
Pacific
Ohio
47 %
1
Curtiss-Wright Corp (Un)———_
Illinois
Ohio
46%
———L—25
Co
Crane
,
600
1
Corp
States
(Minnesota)
31
47%'
,X ;
*27%
27
9%
40 y8 May
27% Mar
•
(Un)
Corp
Northwest Bancorporation
■;[ ] xi9 y2
oi
._1
Feb
6% Mar
Jan
17%:
__~_5
Corp of America
Continental Motors Corp_
30%
Jan
17%
Co—
Power
Consumers
Illinois
68% May
581/4 Mar
41 y2
Oak
Container
500
10
Aviation
Car
Northern
5% Mar
17 %
Consolidated Cement Corp
-*
High
1,800
1
RR
American
American
Apr
16% Mar
18
—25
common
1
5
Low
6%7%
40%
38%"
10
Manufacturing
Central
York
8%
Jan
6
300
17%
(Un
Edison
Commonwealth
Range Since Jan. 1
High
Mar
140
Feb
350
5%
5%
17 y2
«
—
Columbia Gas System
42
15
—
Products
Aluminum
Co
,
76%
1
common-
Cleveland Electric Ilium
Club
100
7%
.7%
25
Co
Cleveland Cliff's Iron
Coleman
7%
<
_10
L
——-
Service
Cities
1
\
6%
40Vb
27%
5
(Un)
North
Corp
Shares
Feb
11
14 O
140
:
33% Mar
2,503
t
Co
North
Oil
(Un)
National Standard Co
35%
—
1
1
Inc
National
b9%
FeD
Napco
May
31
Feb
43
A'preferred
100
Chicago Rock Island & Pacific Ry-—*
Chicago So Shore & So Ban RR^_12.50
Chicago Towel Co common
♦
$7 -convertible preferred
—*
Christiana
for Week
Low
Par
34%
is y4
*
coin,
10
31
64
r'4
—
*
Pac common
Northwestern
&
9%
31
series
5%
Sales
Range
Sale Price
High
Low
High
30 y8
9%
1
Chain plan
Chic Milw
Week's
of Prices
Last
STOCKS
Range Since Jan. 1
Shares
of Prices
Par
Products
3
for Week
.
N
Certain-teed
MAY
Sales
Range
Last
MARKETS
ENDED
Friday
Week's
Friday
STOCKS
WEEK
37
7%
Jan
;
Union
Western
Telegraph
Westlnghouse Electric Corp_
Whirlpool-Seeger Corp
White
Motor
Jan
49
Apr
65%
Feb
Wieboldt
16%
Jan
18%
Apr
Wisconsin
Bankshares
Jan
Wisconsin
Electric Power
36
250
36%
4
4%
4%
800
3%
4%
1,900
3%
3%
100
•»*!',
2%
Feb
37%
Jan
Feb
(0
Feb
4«% Mar
Feb
Wisconsin
2'A
12 y2
5
10 %
Stores
Inc
Public
300
30
Jan
Apr
11%
Apr
18
Apr
20%
Jan
8y4
Apr
19
18%
19
58%
59%
1,400
52%
Feb
59%
59
24%
24%
200
24
Feb
26 y4
Apr
Feb
51%
51%
100
45%
Feb
51%
Apr
24%
1
Co
87 %
33%
10
1
Inc
14% Apr
common
*
14 »A
14%
14%
300
12%
Feb
_•
22%
22%
22'/a
500
22 y4
Feb
23%
Corp
(Un)
32%
32%
32%
500
30%
Feb
32% May
10
400
21%
Jan
23
42% Mar
Service
10
22
22 y8
Co
10
44
44%
400
11%
11%
250
11% Mar
112% 114%
200
92 y4
Jan
Jan
43% May
Feb
5%
(F W)
Jan
Jan
yr
Jan
Woolworth
3%
Yates-American
Apr
Zenith
Radio
Machine
Corp
Co
5
—•
114%
Feb
45% Jan
13% Jan
118
Apr
The Commercial and Financial Chronicle...
a?
Monday, May 6, 1957
(2130)
OUT-OF-TOWN MARKETS
RANGE
FOR
WEEK
MAY
ENDED
3
Week's
Sales
Range
for Week
of Prices
Shares
Friday
Week's
Sale Trice
5
Aeeo Corp
——IOC
Air Reduction Co (Un)
-*
Alaska Juneau Gold Mining Co„
10
Alleghany Corp (Un)
—1
a44%
1
IB
10
34'/4
Pictures Corp„
Allied Chem & Dye Corp (Un)
Allied Artists
Mfg Co
Allis-Chalmers
;
(Uni^j-—
1.15
95,115
1.40
Apr
General Dynamics Corp
Jan
General
a8
a77/«
8%
Apr
3%
3%
3(4
100
89
89 %
220
33 Vis
34(4
2,607
190
96
a.139y4 al40%
46 (4
43
10
80%
79
80(4
887
—1
20
5
13
12%
13%
3,510
6 Tit
6%
(Un)———5
(Un)—•
100
American Radiator & 8 S
15%
15%
16(4
53
——_
(The)
25
50
(Uni—10
(Un)
Corp
Warrants
Avco
Apr
35%
Apr
Apr
General
Public
47 % May
General
Telephone
140
120%
General Tire
Jan
Products
Gerber
Jan
24
Co
66%
Feb
80Vb May
11
Feb
13%
Gimbel
Jan
Apr
8% Mar
Products
Gladding
Glidden
Jan
Goodrich
(B F)
Feb
31
Feb
37% May
Graham-Paige Corp
Feb
72%
Granite City Steel Co (Un)
Great Lakes Oil & Chem Co
36%
175
32
Feb
433
2
1
56
54%
878
56
•
Feb
14
675
13%
Feb
19%
13% 5
1,545
1178
i
19%
It %
24 (a
24%
51%
49%
52%
1,606
9.(4
9 (it
9(4
2,034
927
4%
235
23c
23c
500
6%
6%
6%
1,064
33%
13(4
5%
—--—P 2
52%
eb
eb
36% May
23%
60%
Jan
81 (4
65
Jan
16%
Jan
22% Mar
26%
44%
5258 May
Jan
9(4 Apr
Jan
11%
Hancock
$1.25
Jan
Apr
6
Apr
31c
Jan
6
Jan
7
Jan
4%
Oil
100
66(4
215
44
Feb
66% Apr
928
26 Vb
Apr
27%
41%
43
683
41% Feb
46
a25% a26 %
110
24%
26% Mar
42
a26%
V
2.75
Bankline
Oil Co——
Beckman
Instrument
Inc
Corp (Un;——
Bendix Aviation Corp (Un)
Bishop Oil Co
C4%
Diamond
Hill
Bunker
Burroughs
7,800
1%
502
278
82%
a
Corporation
9
Jan
40
class
Electronics
1%
300
125
2(4
2%
11,528
44%
44%
857
16%
16%
International
Paper Co
Jan
International
Tel
13c
Jan
3,991
2.90
3(4
36(4
16%
47
47
48
1.343
6%
5%
7
41,791
16
16
100
14% Jan
257
52
Feb
15%
22%
Feb
1%
Jan
Jade
Jan
Johns-Manville
7
May
17
60%
Apr
42%
44
685
38 %
Feb
45%
24%
25
1,377
19%
Feb
25
May
Feb
21
Apr.
Jan
529
100
15% May
16%
11%
1,120
11 Vs Mar
14 Vb Mar
a42 a42%
——5
546
7%
15%
11%
11%
1
20 %
7%
15%
135
34(4 Feb
43%
Apr
49C
32 %
35%
Jan
V
17%
7
Apr
Oil
5
Co
California
Packing
—5.50
Ink Co—
California
Canada Dry
Corp
Petroleum—U
Canadian
Canadian
Pacific
Oil Co
Atlantic
7% Mar
20
331
20
Feb
23
Jan
339
28
Feb
43(4
Apr
13%
530
13%
Jan
7%
303
5isg
Jan
15% May
8% Mar
8
8%
2,112
34%
34%
605
1 %
8%
_1
20%
43%
17 it
42%
a
(Un)——25
1%
a
226
6
i:ltf Feb
30%
1
Feb
Feb
8
52
Apr
35
Apr
Mar
2
1
2{A
2iJ
101
12.50
15%
15%
312
14(4 Mar
16(4
Caterpillar Tractor Co common-.
Celanese Corp of America
10
93%
931
492
86'A
Feb
96
*
15%
16
70(5
15
Feb
17%
Cenco
_1
4%
4%
Certain-teed Products Corp
1
9%
9%
Champlin Oil & Refining
Vought Aircraft (Un)
1
Case
Producers
Oil
Canso
Ltd
Feb
15%
15%
2c
Ltd-—
33%
(Un)
& Co
(J I)
Corp
:
Chance
Charter
Oil Co
Ltd
Cities Service Co
Clary
._1
(Un)
Colorado
58%
23%
622
12%
2,571
11 %
Jan
13% Feb
21%
21%
125
20%
Apr
22%
Jan
19%
18%
19(4
2,789
17 Va
Feb
20
Jan
92c
95c
5,100
71c
Jan
95c
Electrodynamics Corp
Co (Un)
Oil
Co
a36
126
34
Feb
40
Jan
63
623
59 V«
Apr
70
Jan
10%
10%
1,045
10 V*
Apr
18 V«
Jan
49c
ll!,950
28c
Apr
82c
Jan
15c
20,000
12c
Am-
3%
!
Kaiser Alum & Chem Corp
Kaiser
Kennecott
Kern
Dow
Lear
Inc
Lehmaxr
Corp
Gas
Paso
Class
Natural
Liberal
Lone
Inc
237
225
8%
Jan
_10c
38%
38
G21
29%
Jan
40%
Apr
Corp_
1
45 %
18%
4(5
458
44%
Apr
57 Vb
Jan
19
244
18%
Apr
33%
33%
400
33%
50c
51c
6,721
(Un)
*
Cement
;_
common.
Magnavox
11%
Jan
May
49%
Jan
(The)
Merchants
Merck
Middle
Feb
68 (4
Jan
Mindanao
4%
Feb
4%
Jan
Inc
Co__
81
Mt
33 %
43
45(4
978
Feb
46%
595
42%
Feb
47%
al3
249
13%
Feb
14%
7%
7%
120
6 Va
Feb
Electrical
Emporium
Products
CaDwell
Erie Railroad Co
Jan
1,304
29%
Apr
33
Feb
13
291
5%
2,500
368
29% Feb
37%
Apr
14%
305
13%
Feb
16%
Apr
12.50
21
21
21
815
19 Vb
Feb
21%
Jan
33%
National Biscuit Co
National
62
May
62
113
31%
467
28%
Feb
31 %
32%
342
32
34(4 Mar
5%
Apr
5(4
1,163
5
Jan
2,367
55(4 Mar
49% Apr
4%
1,200
12
12
230
42%
43
620
1.10
1.10
800
1.00
if,
\ril
J.an
38%
Apr
5%
Jan
56%
Jan
99 ya
Feb
37
Jan
3%
Apr
8
Feb
13
Feb
47%
Jan
Apr
1.15
Jan
32
441^
19
19
2,290
5%
Jan
Apr
13% Jan
16% Apr
165
28
32
388
32
441
39% Jan
20
355
19
Feb
22
22
lg
100
II
18%
Jan
43
43
270
48
Mar
17
18%
15
78
97£
200
47g
117
5
300
62%
60%
62%
982
56%
54%
56%
259
194(4 194(4
516
44(4
Mar
18%
94%
Distillers
Name
943,
560
36 (4
38%
2.441
Niagara
Nor don
Mohawk
Oil
Norris
Apr
75% Mar
4%
Feb
56% Mar
43(4
Feb
178(4 Mar
52
18 Va
91
May
Apr
Apr
Jan
May
Jan
5% Mar
66%
57
Northrop
Aircraft
Jan
Apr
Oahu
Sugar Co Ltd
Occidental
(Un)
Olaa
Olin
Sugar
Co Ltd
Mathieson
Onomea
343
12%
231
U
Feb
37%
37%
355
35
Jan
13% Mar
37% Feb
26%
27
653
23%
Feb
27 Va
Apr
36 Vb
358
35%
Apr
40 %
Jan
148
45 %
Apr
50
Jan
8V8
Feb
3% Jan
Jan
Apr
4% Feb
Sugar
Co
American
94% Mav
Pacific
Jan
Pacific
Fisheries
13% Jan
5 Va 9c
41%
Jan
5%
red
181
18% Apr
20 %
Jan
5%
red
1st
19
19
19
1.65
1.55
1.65
•
2,750
5
*
28%
28%
298
1
22%
23 V8
478
37%
245
16%
1.40 Feb
16%
195
14
a39% a39Ts
121
36 % Mar
37%
28
Feb
29%
Apr
Apr
2.05 Mar
Pacific
61c
Finance
1st
1st
9
110
8
60
201
53
5
57%
58%
1,857
54%
31% Mar
66c
Jan
May
2.80
3,300
2.40 May
3Vb
Jan
31 %
30%
31%
4,279
27% Mar
39 %
Jan
44 %
24%
43%
44%
1,075
39%
44% May
24%
24%
698
24 V2
Apr
Jan
17^4
17%
180
17
Mar
i9% Jan
2.40
1.80
Apr
13,290
5,055
221
49%
Feb
39%
38%
39%
917
36 Ya
Feb
1.80
2% Mar
3%
Feb
7%
Apr
50%
Jan
200
745
5(4
5%
54
14
100
13%
Jan
15%
23%
14%
15(4
2,252
14%
Apr
23
23%
735
20
Jan
14
2.70 Jan
.52% May
41Vb Jan
Feb
7
48%
5%
—
Feb
6% Mar
7
48''4
.
.
28 Va
43 V4
4% Mar
5% Mar
13%
Apr
18%
Jan
23% May
43% Apr
42
345
33%
Jan
49%
48%
49%
14,824
48 V*
Feb
50 Vb
30(4
30(4
30(4
1,519
30%
Jan
32%
Jan
27
27(4
613
27
May
29%
Jan
24%
25
435
24% May
27
Jan
24 >4
24 Va
110
24% May
27% Jan
Feb
red
1st
pfd,
1st
pfd
25
42
42
24(4
Inc
22%
22%
305
22%
Apr
21%
21^4
21%
375
21%
Apr
23 %
Jan
8%
8
8%
2,465
Apr
Apr
37
9%
39 "
2
common
Jan
23%
25
red
Industries
8
35% Mar
Apr
39% Mar
10
62% Jan
—
Develop
20
104(4
Apr
106 % Mar
a90% a90%
6
87 V*
Jan
94% Mar
65c
55c
Feb
25
17%
Feb
33 (4 c
'
70c
1
(Un)
128%
70c
1,150
25%
540
127 l/a 128(4
404
.i6y4
739
.
25(4
100
Pacific Tel & Tel common
Pan American World Airways
3,409
105 Vb 105 VB
*
:
Pacific Petroleums Ltd
Feb
37%
*
*
—
Mar
59% Mar
35%
Jan
Feb
25
25
preferred class A
Lighting Corp com
conv pfd
Jan
Feb
29%
15c
3
4.50%
$4.75
-
25
$4.50 preferred
Pacific Oil & Gas
Jan
300,500
25
pfd__
Pacific
24% Feb
•9
28%
786
66c
25
Corp
Pacific
Apr
22% Feb
34% Jan
60
648
30%
Jan
2.10
5
preferred
16% Apr
31% Jan
1
31 %
51c
6%
52(4
8
>_10
Pacific Gas & Electric common
39%
Feb
10
Jan
5
com__
1st preferred
1
17
30(s
20
Cement & Aggregates:
Clay Products
Feb
«
Jan
16% Mar
194(4 May
S2% Mar
Jan
8
576
2%
—5
30
27 %
1,330
30%
31
—20
Corp
(Un)„
Jan
950
7%
16%
8(4
52%
(Un>
9
8%
7%
52%
Chemical
Apr
44.
4%
♦
Ohio Oil Co
37
page
43%
1
12%
see
Feb
20c
;
350
For"footnote?
37 Vb
20
(Un)
1,170
Ford Motor Co
323
12
Petroleum
Ohio Edison Co
38 %
5
a45
59c
5
Oil Co
Oceanic
38%
—
Jan
%
a43
14
16%
1
(Un)
13
—
39%
3%
7%
1
12%
:
Feb
1
Inc
40
i
357/b
36 (s
•
(Un)
Railway
Feb
(The)
782
Apr
Apr
Corp—-
Jan
37%
a45 % a47%
1
:
Aviation
Pacific
32%
(Un.)—
37%
*
Co
Northern
28 Vs
1
Co
Apr
Jan
Feb
—
1
503
Fibreboard
Mach & Chem
13 %
30 V4
1
Power
254
Federal-Mogul-Bower-Bearings
Flying Tiger Line Inc
36% May
62
1,207
12%
1
(Un)
Corp Ltd
1.217
a34% a36%
Ffedders-Quigan Corp (Un)
Flintkote
34%
13%
—
T
4.36%
Food
Aor
4%
a44%
1
5
Natomas Company
New England Electric System
N Y Central RR (Un)
*
39
class A
Jan
37
37%
& Chem Corp (Un) —5
29%
Fitzsimmons Stores Ltd
Apr
13c
Feb
changed to
Nat'l Distillers
39
Paper Prod com
34 (4
May
Corp
National Gypsum Co (Un)
National Supply Co (Un)—
National Theatres Inc (Un)
29%
(Urn
175
Jan
5c
35%
1
5
Exeter Oil Co Ltd class A
36%
31
27%
34%
34%
10
(Un)
Products
5
__
209
13%
.
•
Auto Fibres
Co
20
420
10,550
1
(Un)
Co
—
7c
5c
1
36%
36%
,
34%
5c
36%
10
P.10
Co
National
62
13
6Vb Mar
36%
14%
3
Jan
32%
4
„an
36 %
(Un)
Apr
31%
a36%
3%
13% Jan
14%
(Un)
& Cc.
Jan
II
50c
Corp
5%
12% May
1
2
8
_I
*
(Uni
36% Jan
45% May
46%
12%
Diablo
Apr
31
44%
45% Jan
28%
12%
44(4
608
444
30%
39%
Inc
Jan
30%
12%
16%c
Mother Lode Mines
Motorola
39
30 %
494
41% Mar
Apr
Feb
47 %
39%
Apr
43% Apr
30%
36
Apr
39%
3
Co
Feb
28% Feb
161
'
37%
Montgomery Ward
May
135
38%
25c
(Un)
38% Apr
36(4 Apr
Bond & Share
70c
483
Mission
7.50
B
Auto-Lite
Electric
Apr
Jan
50c
38%
Jan
38%
Jan
34
38%
17%
3
22
Apr
38%
Feb
__10
Jan
*
South Utilities Inc com
Apr
59 V4
4%
;
2% Jan
67
10
(Un)
Co Inc—
Petroleum
Co
&
65
4%
Co—
Mar
7% Mar
30%
16%
__
2% Jan
65
38%
2,359
25
11%
1
Matson Navigation Co
1,259
1
(Un)
130
2(4
a29% a30%
5
Co
Meier & Frank
51c
0
_1
(Un)
common
Calculators
Marcliant
Martin
(R H)
Co
_10c
—
17%
j
Apr
13% Jan
8%
38%
17 (4
♦
42
a67
Macy & Co
1,009
1
»
Jan
Feb
Apr
a66VB
8%
Monsanto Chemical
19
29%
40
8%
Jan
5
Jan
Jan
a67
Apr
»
8%
VA May
26 Ca Feb
25
1
25c
:
Jan
3,329
29T4 Mar
(Uni
645
470
Aircraft
Star
7%
110
34 %
_
45
300
32%
2
121% Jan
28
40
„
Feb
42
Jan
51
Feb
39%
Inc—
Industries
Loew's
27(4
__
Feb
1
105
12%
Liggett & Myers Tobacco (Un)—
Industries Corp
(Un)
Lockheed
7%
28
Jan
a
265
42
List
Litton
7%
7
Jan
Jan
-
92
(Uni.
Electric
1,818
Jan
12 Vb
2(4
& Libby
Petroleums Ltd
Pacific
Co
El
Apr
all4% all6(4
40(4
41
10
Co
Merritt-Chapman & Scott (Un)
5
Eastman Kodak
Apr
25%
1
—;
McNeill
37% Jan
50c
Co
Jan
15%
23%
12%
(Un)
Salt
Libby
34 % Mar
140
(Un)
&
45%
Feb
50c
160
532
Co
deNemours
Feb
12%
2(4
35%
51
Aircraft Co
Oil Co of Calif
duPont
38 (0
675
630
Copper common (Un)_——« all5%
County Land Co
Merrill Petroleums Ltd—
32%
common
Industries
1,493
15%
29%
5
Chemical
43%
25%
27
10
Dresser
42
14%
25%
__
Apr
93%
:
Dominguez Oil Fields Co (Un
Douglas
Douglas
Apr
60% Jan
15V*
Jan
96%
(Un)
Inc.
49%
42c
43%
4(b
31%
B
Dorr-Oliver
Feb
46 Vb Mar
8.75
(Uni
(Un)
5% Mar
31
Light
18 % Mar
49%
Giorgio Fruit Corp class A
Class
Jan
43%
4
&
Power
68%
32
(Un)
RR
45c
168
200
31
50c
Grande
Apr
47
50%
com___33%c
Industries
Kansas
North American
Rio
35c
47
50%
43c
172
45%
Jan
5
Feb
(Un)_12%
Decca Records Inc
Co
4,000
107 Vb
10
(Un)
461
•
Publishing Co (Un)
Curtiss-Wright Corp com
Cypress Abbey Co
&
45c
——__10c
Corp
Feb
51
Curtis
&
11% Jan
5,274
5
common
Preferred
Denver
34 % May
40
1
Cuban American Oil Co
Deere
Feb
9% Mar
Laughlin Steel (Un)
M J M & M Oil Co
10
Co
Crucible Steel Co of America
Di
Mar
29 (2
Feb
,_5
(Uni
Corp
95
801
3,375
33%
25
Crown Zellerbach
822
11%
28%
2
Jan
Jan
34%
Jan
■
20c
38%
112(4 Apr
99%
33%
+
34% May
103% Mar
10%
28%
171
,,
112%
395
146
35%
a
99%
38%
40
..
10
Refining (Un)
Oil
34%
alllTs
33%
2%
Jan
2.80 Mar
11%
16%
68
Feb
2.25
34%
59%
78
583
*
277
4%
14c
15c
all2
*
7%
745
4%
1.10 Mar
—33 (4c
(Un)
400
65%
Jan
43c
Development Co (Un)
5
Mississippi River Fuel Corp—
—10
Monolith Portland Cement pfd <Un)_10
50c
(Un)
Crestmont
(Un)
Tel
&
18%
76(4
58(4 May
24%
2.55
10-
•
(Un)
Continental Can
Co
318
Feb
Feb
May
61
*
65 (4
a
__
•
Continental Copper & Steel Ind com
Continental Motors common (Un)
Continental
26%
43% Mar
318
*
Consolidated Edison of N Y
Crane
410
308
4%
A__2.50
Gas System (Un>
Commonwealth Edison
Corn Products
31
37%
23
2.45
1
(Un)
17%
76%
3%
Syst class
Columbia
Consol
9% May
34,294
a35%;
25
Co
Broadcast
841
Jan
Jan
23
__10c
(Can)
35%
10
Iron
Fuel &
Columbia
4%
44%
63%
a
18%
1
Chemical
Clorox
132
.
30%
3JjV
25
—*
*
25
Corp
Feb
44%
31
1
Chesapeake & Ohio Ry (Un)
Chicago Milw St Paul RR (Un)
Chicago Rock Island & Pac (Un)
Chrysler Corp
„
2%
Apr
34%
Jan
7/!,
a43%
1
.
Railway
Natural Gas
Canso
32%
—
5
1%
Ginger Ale (Un)
Southern
Canada
32%
16 %
141% May
12%
(Un)_
Co Ltd-
—
Jones &
Leslie
Cement
Calaveras
Jan
Mar
25
19%
Imperial Development
International Nickel Co
42%
19%
Feb
Jan
44%
51%
International Harvester
18%
Feb
Jan
Feb
108%
Apr
2% May
57%
1
Corp
Jan
60%
Jan
14 Va
28
1,231
Jan
2(8
56 Vb
3% Mar
Feb
3%
Idaho Maryland Mines
Jan
Mar
45
Feb
Jan
81% Jan
54 Vb
50c
Intex Oil Co common
3'a
41
73%
12%
(Un)—:
13%
3V4
16%
Jan
Feb
May
36 Vs Apr
Mar
Howe Sound Go
47% Jan
7c
Feb
1%
185
131% 141%
1%
49Va Mar
922
a27% a27%
a27%
Mar
48% Mar
49%
_.
Feb
11
74
117
3Vb
38
1
.
(Un)
Feb
41%
2,000
67% Feb
258
Apr
Mar
25
7%
2.50
A__
Apr
9,677
2,731
160
83
a
''■2%
1
Jan
Jan
71%
1%
3
64% May
8c
2.60
20 %
35Tb Mar
49%
25
Jan
a 55%
80%
1%
——1
(Un)—
Engr
52
12 (4
a59 a60%
Apr
220
a53%
Holly Development Co
___——5
1
Holly Oil Co (Un)—
1
Homestake Mining Co (Un)
12%
Honolulu Oil Corp
—10
Jan
6%
2,238
71%
a
-II12I50
(Un)
1(4 Mar
40% Apr
11%
470
14%
600
38
a36 a 36%
48% Mar
44%
Apr
19% May
57% Mar
45%
—_—2.50
—
36
(4
1
(Un)
Industries
64%
1(4
7(4 Jan
8c
—1
(Uni—
Burlington
60(4
(Un >
common
Co
145
Feb
4Apr
40%
47%
12
1
Borden Co
(Un)
15
Borg-Warner Corp (Un)
5
Broadway-Hale Stores Inc
10
Budd Company
5
Budget Finance Plan common—_—50c
Inc
Stores
Bond
20%
12 >4
46%
—2
5
(Un)
Oil Corp—.—_
Chica
Bolsa
225
40%
2
Corp
Airplane Co
Boeing
900
1
——5c
Corp (Un)—
Blair Holdings
Blue
8(4
36 3
1(4
-1
8
Min
Cons
4,972
19%
—5
.———
Mammoth
Black
875
6
36%
36%
—pi
(Un)
Gypsum Co (Un)
Bethlehem Steel Corp (Un)
Bestwall
13%
8
1
Bell Aircraft
Benguet Cons Inc
5%
.
2.75
34%
a36%
—
(Un)__ 13
1
—1
1
Baldwin-Lima-Hamilton Corp
Petroleum Co
Bandini
56 % May
56(4
__
preferred
Hoffman
Apr
27 Vb
Ry_.
Co
Apr
May
64%
*
(Un)
Hawaiian Pineapple
Hilton Hotels Corp common
Jan
19c
(Un)—
Aircraft
Gulf Oil Corp
Jan
26 y8
56%
._—10
Greyhound Corp
Grumman
19% May
17%
4
10
1
Northern
18 % Mar
188
5
Great
Jan
7% Jan
43% Feb
43% Feb
a79% a80%
a79%
2.50
10
73%
23%
230
Apr
45
2.75
—
57%
Jan
Apr
41% Jan
38%
36%
(Un)
Co
850
Feb
HII10
& Co
(Un)
<te Co
9,989
39%
Grace
R)
5%
398
43%
34% Mar
Goodyear Tire fz Rubber
(W
6%
42%
Apr
64% Apr
459
Corp
McBean
Company
Apr
36%
68(4
Feb
1,259
5
Jan
22%
Jan
52 V2
45
(Un)
Mar
23%
54%
2,341
36 VB
1
77%
510
2,785
4
56%
1,339
Apr
66%
64%
17%
—
179%
67
41%
36
—_
i
w
Brothers
Gladden
34'
18%
common
Jan
;37%
39% May
44%
Gillette Company
New
Apr
Feb
34('4
1,725
17%
(Un).
Co
26% Apr
44%
Feb
Jan
39%
111—5
—
Getty Oil Co common
Jan
Feb
5'
Apr
24
5%
43%
*
(Un)
50%
67
3
'II11%
(Un)
Rubber
&
20%
15% May
51
Feb
10
Utilities
4o Vs
31(4 Mar
Feb
19%
41%
—
170%
4(4
—
Mfg
17%
38
6%
•
(Un)
General Motors Corp com
General Paint Corp
1st pfd
Jan
626
(Un)
Wedge
Corp (Un)„
Atok-Big
Apr
Feb
677
2,960
42%
1
General Exploration Co of CalifGeneral Foods Corp
4(4 Mar
95%
1,750
37%
com
10
(Un)___——-10
1
Refining Co
Atlantic
46(4
109
48%
64
5
2,503
Santa Fe (Un;
Atch Top &
Atlas
Jan
18% May
20%
66
1
__
(Un)
55
—2o
Co
Anderson-Prichard Oil Corp
Arkansas Louisiana Gas Corp (Un)—_5
Armco Steel Corp
(Un)
10
Armour & Co (111)
(Un)
5
Ashland Oil & Refining Co (Un)
1
Anaconda
32% Mar
113%
200
3,130
Feb
Co
75(4 ' 75%
(Un)
(Un)
(Un)
Co
Tobacco
Viscose Corp
American
*■:
Feb
3%
Electric
177% 178%
American Tel & Tel Co——
American
70
a34
a34
Smelting & Refining
American
1,279
5%
86% Mar
Feb
19%
5
Texas
3(s
12(2
(Un)
of
56%
566
Ltd (Un)
Oil
Amer
Feb
-1,081
American Motors Corp
General
Apr
Feb
44%
Factors
American
1.40
2%
302
Inc_.—
reb
47 Vb
47 %
Electronics
62c
200
a8
16
63%
1
__
High
1,855
48%
„
20%
—
13%
39%
1
Co——
Co
600
.* 11125% all'<%al25%
18%
18(4
18%
_1
25
2o(4
26
Arma Corp (Un/_—2
Cyanamid Co (Un)
American
American
Trailer
2%
—-
(Un)
Calculating
Fruehauf
56 %
225
Can Co
American
Friden
Range Since Jan. 1
Low
High
17%
17%
Apr
2%
(Un)———
American Airlines Inc com (Un)
Bosch
45
56%
Petroleum
American
37% Feb
2
Dairies)
2%
—
common
Amerada
Range Since Jan. 1
High
132
Low
Far
Foremost
High
a43% a44%
1.15
Aluminium Ltd
New
Shares
Low
Par
Laboratories
Abbott
for Week
of Prices
Last
Sale Price
Sales
Range
Friday
STOCKS
Last
STOCKS
Pacific Coast Stock Exchange
_1
' 16 %
<
i6
124
15 Va
Jan
Feb
70c
Feb
26%
Apr
131% Mar
18%
Jan
Number 5635
Volume 185
The Commercial and Financial Chronicle
...
(2131)
39
OUT-OF-TOWN MARKETS
RANGE
Friday
Range
Shares
Sale Price
Par
Pepsi-Cola
Co
Pfizer
(Chas)
<Un)__
& Co Inc
Gold
Procter
&
Pullman
m(
i)
it;
?
1
(
Gamble
Inc
Oil
Pure
of
Mines
High
3074
80%
362
79
Feb
85% Mar
—
20%
20%
706
2074
Feb
2274
Jan
23
5
(Un)
2074
Feb
23 74
Apr
West
951
75c
Apr
1.25
Jan
West
*
*
305
45
Feb
52 74 May
Western
652
53 74
Feb
63
Jan
Western
16%
325
14% Feb
1874
Apr
Western
45 74 Mar
5
215
41%
49%
760
43%
1 %
100
48%
45%
48%
144
4574 Mar
183
60
a62% a66%
41%
45%
—1
■%_
1
26
26
Raytheon Mfg Co (Un)
Reiter-Foster Oil Co common
5
50c
19%
19%
19%
i%
1%
l%
Republic Aviation Corp (Un)__
Republic Pictures (Un)_
Republic Steel Corp (Un)
1
a26%
50c
8%
Oil & Gas Co
Revlon
10
L_
Rice
Manufacturing Co
Ranch
Richfield
Oil
Oil
;
Co
Roos
_1
class A
Co
Spring
Aircraft
25
5
Corp_;
1
Ryan
Petroleum
Aeronautical
Co
St
Louis-San Francisco
Lead
(Un)
10
Ry (Un)
(Un)
Regis
San
Paper Co
Diego Gas & Elec
San
Mauricio
Santa
Schenley Industries (Un)
Scott
Paper
Roebuck
Fervel
Inc
Steel
Water
Shell
Oil
Signal
*
1
——___3
1
—
_.
Servomechanisms
Sha?ta
1.40
—
—
(Uni
Sharon
1
com
Co
&
(Un) __50
„
Co—
Seaboard Finance Co
Sears
com
Ltd
Inc
20c
(Un)
Corp
Co
*
(Uni
class
Co
A
2
Sinclair Oil
Corp (Un15
Socony Mobil Oil Co (Un)
__15
Southern
Calif
4.48%
Cal
Gas
preferred
Southern
Co
Co
Southern
25
A
ser
.——25
Petroleum
2
(Un)
Pacific
Southern
pfd
;___6
Co
Railway
39%
Feb
49% May
Budd
32%
944 8
1,055
Feb
41
Feb
Apr
33%
600
32%
Apr
48
2,378
20%
Apr
23% Feb
2c
7,000
12
1%
320
20%
21%
1.530
55%
55%
2c
150
1%
251
Mar
12
19
921
16%
Apr
17% Jan
2,021
26%
Feb
29
4
4
120
3%
Jan
11
4%
10
300
Jan
Martin
77
Feb
88%
Jan
Merck
Feb
65%
07%
992
54%
Feb
57%
57%
1,466
48
Feb
58%
49%
50%
2,5«2
45%
Jan
a42% a42%
193
39%
Jan
22%.
636
21% May
2974
29%,
4%
22%
838
43%
44%
3,025
24
Feb
30% Mar
62 %
8
2,753
54% Mar
652
7%
102%
Feb
Sales
7
Shares
Low
2774
47%
50
'
-
20
57%
59%
16%
16%
160
14%
206
63% Jan
Apr
21
Apr
27%
.
'
34%
529
r:33%
79%
r? 1,240
"64Va
11%
11%
'125
47'A
48%
36%
36%
36%
:i 481
'1,371
32%
32
32%
444
86
86
'
11%
(Un)
7
(Un)
—10
(Un)
5
Co—
1
(Un)
common
Inc
10
5
(Un)—
__
__
a73%
28%
28%
(Un)
1.585
26
Feb
45
520
45
May
7%
1.375
6%
Feb
26%
27%
3,410
23%
Feb
a35% a36%
232
35
44
367
40%
a27
100
25% Feb
652
54%
Feb
1,893
28%
Feb
26%
25
a35%
7.50
42%
1
a2G%
—25
59% May
Jan
45
_
1
(Un)
61% Jan
61% May
Mar
51
695
42% "
a25%
Mar
Feb
Co
Airlines
Inc
29%
14%
14%
350
13% Apr
18%
18%
100
18%
Apr
10
common
68%
28%
«
(Un)
66%
*
50c
Co
38
38%
1,185
32%
Feb
5
Corp
__
15%
15%
40%
''7 7%
2
Products
Co
Corp
1
(Un)
(Un)
__1
—
(Un)
1
(Un)
15%
15% May
482
40%
7%'
30%
__
35%
7%
4,193
155
30%
Feb
Feb
336
26% Feb
16%
11%
Jan
1,365
22%
Feb
115
394
103%
Feb
29
_•
200
27
115
__
16%
26%
1G%
;
Twentieth Century-Fox Film
Union Carbide & Carbon
"
-
29
1,858
26%
Jan
175
14%
Feb
30% Mar
52
2,380
27
12.50
16%
16%
10
29%
29
29%
986
16% May
27% Apr
75
77
565
73% Mar
Corp
Industries
10
S
Rubber
U
S
Steel
1
Plywood Corp
U
;
Sugar
of
Co
32%
605
-
-
«
Feb
Apr
16% JanJan
35
(Un)
45%
45%
256
40% Feb
49% Jan
64%
63%
65%
3,343
57% Mar
10
Co
59%
57
59%
4,155
49
72%
60
5%
48%
21%
28%
36%
5
America (Un)—
1
1
Pictures
32%
__
45%
■
16%
Oil
Victor Equipment Co
Bros
46%
36%
al5% a!5%
al5%
5
:
common
Consolidated
46%
36%
—
1
(Un)
common
Corp
__
•
(Un)
Inc
US
Corp
5
—
30% Apr
16% May
27
Apr
255
2,43.9
30%
16%
(Un)
Jan
36% May
60
29%
Inc„_
9
Feb
57%
30%
Lines
26% Mar
68'% May
33
Jan
21
Jan
20% Jan
39% Apr
19% Jan
41% Apr
Jan
58%
10
United Aircraft Corp
United
Fruit
Co
27% Jan
40% Jan
44'A Jan
45%
25
Pacific
(Un)
45
May
8% Jan
32%
Oil Co of Calif-
Union
Ry Co
Apr
28% May
651
Union
Union Sugar
"
__
Jan
74
469
Electric Co
10
17%
115
May
29% Apr
60% Jan
31% Jan
18
Jan
42% Jan
88% Jan
47% Feb
Union
(Un)__
12% Apr
54% May
Feb
53%
4,000
28%
Feb
50% Mar
7%
*
1
(The)
Oil
__
43%
Apr
23% May
Inc
(Un)
•
.
Feb
4%
200
4%
Apr
45%
175
42%
Feb
20%
__
4%
45%
—
21%
21%
800
17%
Feb
23%
„
23%
100
23%
Apr
35%
5
Washington Water Power—
|
35%
128
35
Feb
Jan
Apr
Jan
Jan
May
Jan
Apr
Api;
37%
Jan
Jad
80%
Apr
Jan'
41% Feb' "
7%
'
Jan
13
Apr
48% May
34%
3774
31%
Feb
35% May
Apr
Feb
Jan
59% Mar
Feb
18%
Apr
i.66%
43%
41%
43%
6,951
38% Mar
44%
Jan
26
26%
150
23%
26% Mar
20%
20%
100
26%
27%
97
22
22%
100
Corp
5
Watch Co
Co
t
v
1
c
lo
common
__
__
__
__
29
Jan
)5%
(The)
Co
&
!
Feb
Mar
87
20% May
2574
Feb
25%
Feb
27%
Apr
Pennroad
Apr
2274 Apr
1774 Mar
Pennsylvania
15%
10
14%
Jan
37%
38%
444
37%
Apr
3574
3674
430
29%
Feb
47%
37%
Jan
35%,
14
1474
1,031
13%
Jan
14%
Jan
4374
Jan
—1
——
Light——.
_•*
————.
-50
Power
Pennsylvania RR
Chemicals
Pennsalt
&
43%
44 %
2,030
Feb
46%
2074
20%
3,137
20
Feb
22%
58%
6074
120
56%
Jan
62% Mar
34
34%
55
33%
Apr
35
3974
40%
3,399
Jan
40 74
Apr
Apr
9%
1,995
10
Jan
18%
Apr
—_o
39%
-10
Electric Power
8%
1674
16%
21%
17
36
7 % Mar
preference
divid
$1.40
Reading Co common
Scott Paper Co
Scranton-Spring Brook
South
3174
14
Mar
22 74
2,070
21
Feb
22%
Jan
3174
879
3174
Jan
32%
Jan
27
Gas com_.
*
781
common
2774
103
27
May
28%
Feb
3174
Apr
34%
Jan
'
50
33%
3374
3374
307
•
Wat Serv
59%
2,627
Sun Oil Co
United Gas Improvement——
Corp
54%
1674
16%
250
1574
Jan
1774
27%
26%
2774
907
24
Jan
27%
Apr
80
78%
8074
272
72%
Feb
8074
Apr
Co-'"
Co
Marion
58%
5
•
Gas
Jersey
Universal
Jan
3174
10
common
&
8%
3
Service Electric
Public
74
44
c
»
Apr
20%
10
Corp
Corp
Potomac
20
1574
38%
——_, —
Inc
Corn
—
1
16%c
Co_„
46%
a71% a74%
34
"
80
Feb
59%
Jan
9%' Jan
54
22% May
Mar
Jan
16% Mar
':
801
Jan
11
Ayr
15
11%
1,395
Philco
68.3
30
58%
Jan
190
916
Apr
'
76
•
Jan'•
L,
34%
' 76
Feb
31Va
■
"
43"%
.
Jan
51
;180% Mar
Feb
v127'8
•
31%
v
,,Jan
26%
25
"*•'•1.033
;
>28
Jan
High
" :
18%
Apr
10,989
'
347
19% "2074
'
34%
1707^
398 '
"
32 7/2
31%
.
<:5% Mar
57%
5%
Jan
'
'
11%
317^2
;
V-330'h
h
13%', 13V2
406
'
26% Mar
—
'4,630
28%, 30
'29% 297/s
29y«
36
i l'
177% 178%
.
Range Since Jan. 1
'
,
High
27%
'(
,
for Week
,
17%
30'A
Jan
54%
61%
J
Jan
57%
Mar
54%
N
114%
17%
4
29
•
55%
of
627-2 May
8% Jan
Feb
ill
r
.
2
Peoples Drug Stores Imn
—
Philadelphia Electric common
Philadelphia Transportation Co-.
12%
Tri-Continental
Warner
Mar
52%
__
2
common
World
Jan
'
5
42%
800
22%
__
Apr
41
10
20%
469
474
Apr
50%
10
28% May
669
28%
29
45
■•':ny4>'- !ll%
Pulp & Paper—
5% series A pfd
I
25
Lehigh Coal & Navigation—.—10
Jan
May
64% May
67% May
__
Jan
Mar
Co—
(Thei
4%
42%
__
Jan
15
43
Hudson
55%
4.233
4'A
Apr
20c
13% May
828
Low
,
,
_t>
Motors
Hamilton
11
.
i.
:•
,
,177%
50
Brothers
Hecht
Feb
64%
21%
Mar
100
Dairies
Motor
Feb
57%
—
preferred
Storage
Foremost
Feb
203
50%
Ford
4
51%
165.
82%
v_77
16c
13,200
Range
-50
1
common
Battery^
Fidelity & Deposit Co—
53 )
.
54-%
(Ohio)
Inc
Vanadium
4% Mar
54%
Sulphur
Utah-Idaho
Jan
82%
64%
Electric
Gimbel
16%
10%
13
Company
General
26%
a48% a50%
Apr
59%
18c
of Prices
2774
—100
;
Soup Co
1.80
Chrysler Corp
——:
;
25
Curtis Publishing Co
1
Delaware Power & Light common—13%
Duquesne Light Co
10
21% Mar
16%'
—4
;\:7
—__l
Tel
&
non-cum
62 "A Mar
26%
—
$2.50
Feb
16%
a49%
Co
Baltimore Transit Co
55% May
25
;
California
(Un)
Universal
Jan
—6%
Transamerlca
S
Jan
1%
Jan
Feb
$1.25 preferred
U
4c
29% Jan
Apr
1%
26%''
—
31
13%
Jan
20
Corp
Gas
Apr
44% Mar
26'A Jan
1,280
Sylvania Electric Products—
United
70%
-
20%
^./'."•il2
Far
Campbell
Apr
33%
__
Jan
Feb
Feb
44%
Week's
Sale Price
,
\—6.50
Apr
20
21%
20
26%
52%
Baltimore Stock Exchange
Last
City Electric Co
Baldwin-Lima-Hamilton
Jan
652
2c
;
58%
Atlantic
31%
Feb
20%
2c
Apr
899
1.215
•
112" alll%all4%
1-—i'-;28%
37%
25%
39% Feb
—
1,342
Jan
Apr
13%
Arundel Corporation—
34'A Mar
35
23%
12%
(Un)
Air
Apr
23%
Sunray Mid-Continent Oil
United
Jan
31
23%
Webster
Warrants
28%
50c
——
Studebaker Packard
TreeSweet
24% Apr
26% Feb
Apr
45% Jan
Sterling Drug Inc
Trans
6774
20%
—
19%
31
Chemical
Tidewater
Tel
Jan
Stanley Warner Corp
Textron
American
26
Co
Oil
Gulf
Jan
41% Mar
Oil
Co
99c
150
Standard
Texas
Feb
61%
__
59%
62%
common——i—10
Stores
175
20%
Steel
Wood
American
398
20
31
59%
a
.7.7/
vv.
Alan
Jan
69%
20%'
Apr
21%
a39% a40%
69
177)
18%
.-1
Jan
Mar
260
(Ind)
Texas
41
59
Friday
Feb
63%' Feb
388
595"
49%
58
44
of
Oil
47%
Feb
8
.10
;
90c
573
,
55%
44%
STOCKS
'-'"V.
17%
214,;
37%
60%
Jan
3074*
Co
TXL
30
37
10%
Feb
44
Co
Co
500
Aor
54 %
1,972
29%%
110
17c
-
Apr
30%
Oil
&
9%
51%
_
224
19%
25%
30%
Oil
Swift
313
%
*
Standard
&
'
22% Mar
330
25
1478 May
58
31
Jan
1
Standard
Stone
490
667V .7.
24%
Jan
19%
8% May
(Un)__
Sperry-Rand Corp
Spiegel Inc common
Stauffer
24
.
Public Service—
Southwestern
Standard
23% Mar
.43%
;
Co
Jan
25
______25
—-
California
Southern
25
25
pfd______
cum
Southern
6%
Fdison Co common
pfd
conv
4.32%
16%
a29% a3074
7.50
Oil & Gas
4,017
4
Feb
11%
59%
(Un).
Jan
19%
—
2.50
Co
31%
59
57
21%
13%
Tube
a
123
930
.10
(Un)—
a__
Jda
14%
10
common
Sheet &
110
Feb
Apr
47 V2
Apr
58
(Un)
Corp
Co
45
13%
~2~50
(Un)
94c
10%
Apr
120"
9%
a30% a30%
a21% a22 %
High
Mar
9% Mar
Jan
1%
90c ;j 92c
a40%
*
20%
Apr
May
Feb
57%
a30%
77c
Jan'
Feb
1%
Jan
39%
p. 10
Cement
Petroleums
34
16%
300
Feb
19%
__
5
10
;
Mining—.
Port
Cruz
Sapphire
com
*
Youngstown
5%
„
5
Joseph
Yellow Cab
Apr
48%
66%
—
Apr
4%
24%
57
1
Safeway Stores Inc
St
7-
37%
745 1
Inc
(F W)
Jan
1,535
125
(Un)—20g
Co
St
Co
Jan
6.406
9%
a29%
1
Dutch
&
4%
20
8%
90c
(Un)
Bros
Royal
Wilson
263
a22 %
Woolworth
Jan
805
>
77—
46%
1
»
Oil Explor
Basin
31%
#■
100
-
57%
77,
Co (Un)
Axle
&
Pacific Ry Co
968
312
_4
__25C
4674
Feb
3874 Mar
53%
u-
—•
_„
—
%
—10c
24
19%
(Un)
Williston
19%
—
_1
.
Corp—
Riverside Cement
Rockwell
Rohr
1
10
Co
Inc
Stores
.12.50
Jan
174 May
7%
__
(Un)_
Reynolds Tobacco class B (Un)
938
4%
a26 a26%
__
2.50
:
Reynolds Metals Co
Rheem
Lines
Dept
Low
83c
10 %
46
5
Union Telegraph (Un)
Westinghouse Air Brake (Un)
Westinghouse Elec Corp (Un)
53
53)4
19%
—1
Drug Inc Co
37
4%
„
1
Inc
Rexall
36%
„
Coal
(Un)_
Range Since Jan. 1
High
10%
10 7'a
48% May
6574 Jan
Feb
174 May
1,627
26%
Reserve
Feb
Air
Worthington
Radio Corp of America (Un)
Railway Equip &c Realty—
Rayonier Incorporated common
•
Insurance
Shares
80c
—1
—
for Week
Low
(Un)__ _—_1
com
Western
43%
49
1 %
a63
(Un)_
Life
Kentucky
52 74
43%
—
(Un)
Coast
56%
__
capital (Un)
Co
357
—
1
common
23
1.15
16%
—
5
,
.
C
Preferred
52%
—
Petroleums
Sale*
Range
Par
Westates
55%
__
Week's
of Prices
Last
High
23
55%
3
B
Low
1.00
12.50
Phillips Petroleum Co capital
Pioneer
Friday
Low
1
Phelps Dodge Corp (Un)
Philco Corp
(Un)
Philip Morris & Co (Un)
3
Sale Price
—
3374c
1
<Un)__
Petrocarbon Chemical cap
MAY
STOCKS
*
—
ENDED
Range Since Jan. 1
50
Penney (J C) Co (Un)
Pennsylvania RR Co (Un)
WEEK
for Week
of Prices
FOR
Sales
Last
STOCKS
Week's
13%
3«
36%
36%
35% Mar
728
14
16'%
17
256
*
—
Washington Gas Light common
54% May
3774
38
558
77
77%
$5,500
10174 10174
100
1574
Jan
62% Mar
Jan
38
Feb
1774
Apr
38% Mar
37
Apr
77
Feb
82
Feb
101% May
103
Jan
BONDS
Baltimore Transit Co 4s
ser
A
1975
Washington Gas Light Co 5s——1960
Pittsburgh Stock Exchange
Friday
Week's
Sale Price
Par
Allegheny
Ludlum Steel
Armstrong Cork Co—
Columbia Gas System
1
1
—;
—_•
Brewing Co of Pittsburgh—5
Duquesne Light Co
10
Equitable Gas Co
—8.50
Duquesne
—
Horne
Joy
Co
(Joseph)
Manufacturing
Co—
10
Shares
'
— —
1
53
Jan
6474
2674
2874
'11
26
Feb
2974
Jan
17%
41
1674
Feb
18
Jan
7%
4,160
574
Jan
774 Mar
3474
Jan
x7
—
36%
36%
36%
319
3174
31%
32%
73
30
30
68 74
6874
20 ;
35
34%
35
*
•
35
i%
1574
274
10
*
—5
Oil Corp—
Plymouth
Rockwell Spring & Axle
San Toy
United
Mining
5
10c
—
Engineering & Foundry Co
Glass
States
United
Vanadium
38%
3874
95
77
77
"171
7%
78%
7%
——
33%
33%
65c
70c
29%
30%
10c
14c
1574
15%
common
Steel
Air Brake
Westinghouse Electric Corp
...
•
■
10c
5
—__1
Alloys
Westinghouse
774
80
15
3,100
130
69,950
100
774
100
37 74 Apr
3274 May
Feb
31%
63%
Feb
'
Jan
15% Apr
2% Feb
7374
35
Apr
Jan
May
174
Feb
18% Mar
■274
Jan
Mar
37
75%
7%
3174
41
Jan
Feb
85%
Jan
Feb
Feb
Feb
60c
Feb
7%
37
Jan
Jan
80c
Jan
31 %
Apr
5c
Jan
16c
Apr
14%
Feb
17
Jan
26
674
Apr
7% Mar
4674
50
I
116
3674
Jan
50
Apr
3074
3074
31%
320
26%
Feb
31%
Apr
5874
587a
5974
561
52 74
Feb
5974
Apr
—"
10
12.50
1,168
Jan
2.7
174
% *' 14 •
2%
•
31% Mar
300
'
1
Co
Renner
15%
Apr
27 %
87
174
1%
5
Pittsburgh Plate Glass
Pittsburgh Screw & Bolt Corp
High
75
17%
1
1774
1
——I
Corp
Low
6074
Pittsburgh Brewing Co common
2.50
$2.50
convertible preferred—_—25
Natco
Range Since Jan. 1
High
60
.1
:
Manufacturing
for Week
of Prices
Low
—"
Gas
Star
Lone
McKinney
Sales
Range
Last
STOCKS
CANADIAN MARKETS
RANGE
FOR
WEEK ENDED
MAY 3
Friday
Montreal Stock
Canadian
Friday
STOCKS
Par
Abitibi Power & Paper common
$1.50
1
preferred
Acadia-Atlantic Sugar
Class
*
32
30%
Feb
High
35%
22
23
a774
a734
70
18
18
225
18
Apr
774
77a
125
7
Jan
126%
135
9,195
110
Feb
135
132 133%
1,611
10774
Feb
13574
135
~
+
»
44%
4478
470
page
44.
May
Apr
24
8%
21
774
Low
Bailey
Jan
Bank
Feb
Bank
May
Apr
21%
Apr
23
45
Feb
4874 Jan
45%
45%
46
590
51
51
1.015
50
Jan
45
Ltd
Mar
Feb
650
1574
Feb
18
Apr
110
44%
Jan
50
Apr
42
275
4174 Mar
32
33
2,910
29%
26%
28
1,153
24%
33%
45
75
17%
1774
48
48
49
42
.50
High
46
40
42
32
.50
Range Since Jan. 1
Low
High
45
17%
-50c
Corp
Steels
Atlas
VfMk
IhitM
4274
Jan
Feb
35
Apr
Feb
29%
Jan
Jan
330
a2174
4474 May
Asbestos
»*•
*f +Tir,m»
28
Anglo Canadian Tel Co 4% % pfd.
Argus Corp Ltd common
$2.40 preferred—
$2.50 preferred
Apr
a21 a2174
I25
,
774
8.779
—
pfd
22
Jan
45
50
4%
Anglo Canadian Pulp pfd
see
4.037.
23
=>
Aluminum Co of Canada
4 % (,'o
preferred
footnotes
3234
Low
a77i
!Z~Z*
—
common
': For
Range Since Jan. 1
High
*
Steel
Ltd
Shares
31
■>
Agnew-Surpass Shoe
New
for Week
of Prices
__20
common
A
Aluminium
Sales
Low
—i*
Algoma
Fond*
Range
Last
Sale Pi ice
Sal* Prla*
Par
Week's
Sales
Week's
1,811
STOCKS
Exchange
May
Jan
5174 Feb
Selburn
of
of
5%
Nova
Banque Canadienne
Bathurst Pow & Pap
Class
Bell
574%
2,169
54%
Jan
57
57 %
386
5574 Mar
59
Jan
.10
3974
39
3974
604
38
Mar
42%
Jan
a57
a57
25
56
Jan
58 %
29
30
500
29
4374
43
44
10,817
42%
42%
47
4774
.25
B
—25
Telephone
Bowater
51
57%
29%
Nationale
class A
49%
Apr
Feb
Jan
4974
.10
Scotia_.
40
-10
preferred
Montreal
Corp of N A 5%
preferred
pfd
—
-50
.100
47%
a36% a36%
50
47
May
40
43
May!'
46
235
42%
Jan"
325
47
Ap£7
Jan
Apr
74
Jan
45
Apr
"/4874
Feb
\</1
40
Commercial and Financial
The
(2132)
Chronicle... Monday, May 6, 1957
canadian markets
RANGE
Friday
Week's
Last
Range
of Prices
STOCKS
Par
Low
..£1
Friday
High
Low
5%
5%
5%
5,217
8%
9%
10,461
4
Mar
Jan
High
6
Apr
32
31%
32
115
Apr
33%
53
50%
53
11,305
43%
Feb
53
Apr
43%
Apr
46
Feb
46%
ADr
50
41
Jan
Bank
American
Oil
9% Mar
British Columbia Elec Co
Mills Ltd
Bruck
Calgary
46
44%
45
2.50
common
100
34%
"loo
preferred
10
99
Mar
293/4
1,082
25
Mar
1,575
28
105
65
50
50
55
233/4
233/4
233/4
215
92
'
.100
Canadian
Breweries
23
Canadian
$1.75
483/4
47%
483A
2,059
3.50
3.65
8,545
24%
29
Feb
Steinberg's
42
Apr
Triad
24
325
25%
Canadian
Canadian
Husky Oil
Jan
Winnipeg
Jan
Zellers
3.95
Apr
Feb
29
al4
25
13
Jan
16
1,065
12%
ADr
16
50
27%
Jan
30
15% Mar
15%
21
850
12%
13%
14
420
13% May
8% Mar
14
1,670
May
9
21
550
2,595
15% Mar
19%
Canadian
International
15%
15
15%
2,680
15
15% May
26
Locomotive
a22
a22
25
313/4
32
32
748
100% 100%
Apr
22
Apr
26% Mar
10
98
Jan
Jan
Jan
33
Apr
102
Jan
■
8
Cockshutt
Coghlin
Farm
(B
8
200
33%
32%
33%
6,761
1955
27%
Apr
24%
25
2,260
23%
Apr
33% May
26% Jan
28
29%
1,600
27
Apr
32%
8
83/4
5,465
J)
16
16
16%
7%
1,580
Jan
Class
&
Seal
Crown Zellerbach
Dome
„..
Exploration
Dominion Bridge
Dominion Coal 6%
Dominion
Foundries & Steel
Preferred
Dominion Glass
Jan
8% May
Lumber
a
9.50
5,850
19%
400
29
5,625
28%
33
,
Jan
Jan
13%
Apr
Jan
25%
Apr
Feb
9
Jan
30'/a
33
2,046
26% Mar
33
96
25
56
May
97%
Feb
51
Jan
60
Apr
23%
Apr
May
Jan
50
10%
Apr
12% Jin
50
19%
Jan
2V
Ford
Players
Canadian
Corp
1
Motors
v
8
13
13
500
30
30
955
30
19%
Feb
J3
30
8
3,340
7%
Jan
30%
817
17
Feb
20
225
6
Mar
17
Brown
5%
330
a55 a55%
300
29
30%
970
101
20
62
65
2,365
40%
40%
566
a6%
a7
15%
Jan
52%
195
Jan
Jan
Apr
27%
Jan
100% Mar
53
Jan
37% Mar
7
Apr
43%
42
43%
3,360
*
24
38%
22%
24
Home Oil class A
1,080
22
2
20%
19%
Apr
20%
5,375
•
11%
Jan
20%
19%
20%
5,638
11
•
Jan
35
34%
35 %
3,200
33
Mar
76
Feb
Cement
of
Pipe
Jamaica
Service
Laura
Public
Candy Shops—III—"3
Laurentide Acceptance class A
•
St
Lawrence
MacMillan
Massey-Harris-Ferguson
B
14
common
•
Preferred
100
Mersey Paper 5%% pfd
Mitchell
(Robt)
class
"A"
50
—
Breweries Ltd class
Class B ;
a
•
Locomotive
~ZZ
Montreal
Trust
"
4*/*%
Steel
Noranda
•
~L_ ~ioo
Mines
Car
Corp
Products
-
common
Development
Company.
Power Corp of Canada
Bros &
Co
~~~7oo
5%
preferred
Quebec Power
Roe (A V) (Canada)
ZZZ
ZZ'ZZ
Z7ZZZZZZZ
I
~
Paper class A
For footnotes
•
see
*
44.
Jan
43% Mar
26
Jan
21%
21%
Apr
Apr
41
Jan
19%
Apr
1,803
24
96%
450
1,235
108
2,286
45 % Mar
16
Jan
19%
Apr
21
Mar
23
Apr
94%
Feb
110%
Jan
90% Mar
102%
57%
59
58
59
995
47%
Jan
56%
58
58%
2,555
47%
Jan
21
59
22
300
Apr
Apr
May
21
Apr
24
Jan
19
19
265
19
19
300
18
Mar
18
Jan
11%
11%
11%
1,049
19%
135
18
Jan
29%
31%
2,385
28
Mar
6%
9
Jan
19
19
Jan
7
Mar
86
Feb
7
82%
105
78
80%
2,200
47%
47%
a8%
240
24%
25
635
24
24%
510
23 %
16%
Apr
16%
445
15
Jan
40
529
39% May
40
a21 a21%
515
20
Jan
21%
5
94
Mar
a8%
25
16%
39
a21%
39
a94
50
a94
6
82
58%
46%
8
22%
Feb
Feb
Jan
23 34
51.%
52
18%
18%
18%
4.00
25
1,075
122%
130
580
100
Jan
25%
Mar
21% Mar
100
22
Mar
581
12
39
73%
Apr
Feb
71%
1,080
3,075
1,830
25
Jan
Jan
12%
41
Apr
Jan
42%
41
95%
May
28%
12%
80
24% May
16% May
57%
41%
110
Apr
Feb
12%
,
82
Mar
41%
52
65
a33
36%
3,547
37
37%
200
".'■XX
6
»
class
A_
47%
Horner
Ltd
London
Canadian
(Frank
3.50
36
Apr
.49
Jan
a—
Apr
—
10
—
Jan
5% Mar
34
Jan
7%
4.CO
Feb
36
Apr
351/4
•
3.85
XX/
Feb
a__
Apr
473/8
Ai>r
21
Jan
28
Feb
50
28
Apr
O rtf.
103% 1083/4
4.00
4.00
65
39%
.
Jan
37%
Apr
53
Apr
175
/
Jan
XX. 735
22%
«n<:
log
/X
a
31
4734',: -vX'.
22
v
,
*
Feb
Mar
19 % Mar
-
3.25 Mar
Feb
May
29
57
■
a—
5
Jan?
Mar
'
29%
W)
class
A______*
alO%
Investment
Corp___1
a8
Lowney Co Ltd (Walter M)___
MacLaren
Power
&
Paper
Jan1?
25
•>
Jan
31% Mar
"
:
:X,
»
2,502
4.00
60
30%
1.03
Mar
98%
Jan
Jan
108% May
Apr
4.50
4.00 May
___♦
Co
a
10.% alO%
a7% .%■
a
a8
81
cum
pfd—100
90
"
12%
123/4
31
31
32%
Montreal
Refrig & Storage Ltd—
Corp Ltd common
Royal Dairies Ltd
x
Mount Royal Rice Mills Ltd
Mount
a38%
Apr
*
5%
Clay
red
Products
Hotel
" Feb
10%
113/4
Jan
340
283/4
Feb
Jan
/95
12%
13
34
Feb
Apr
Mar
Apr
40
Feb
40
Jan
63%
Apr
9
200
8%
Jan
9%
Jan
15%
13%
100
14
Jan
Feb
15% Mar
14
300
13%
Apr
14
53"
365
42
Jan
53%
Apr
a29
26
25
Jan
29
Aor
48
48
50
47
Jan
50
65%
65%
70
53
Jan
72
Apr
155
43
Jan
45%
Apr
52
a29
a29
50
May.
Feb
66%
66%
66%
4.75
5.00
600
43/4
Apr
-5
21
1974
21
2,060
18%
Feb
21
♦
ai4%
14%
al5
350
14%
Feb
16%
Feb
11
11
200
12%
Jan
125%
t 126
100
*
100
Ltd
125%
a
100
2
a20
a20
12
*
40%
39
41%
1,226
__40
41
41
41
300
*
128%
124% 130%
1,811
*
78%
77%
78%
455
a2.40
a2.40
1
Co
Wainwrlght Producers & Refiners Ltd_l
Waterman Pen Co Ltd (L E)_
*
Westeel
90
49%
a46
preferred—
Mountain Oil Pipe Line
Union Gas of Canada Ltd
Woods
1
50
100
5
a.44
pfd
Trans
Windsor
Jan
Jan,
475
*
Products
x-.,-
Feb
21
Apr
63%
a
a45
Ltd—
Power 6%
90
pfd_50
Mills Ltd.'
Quebec Telephone Corp common—
Reitmans
(Canada) Ltd
Industries
76%
84
19% Mar
38%
52%
„_5
common—
Premier Steel
Southern Canada
9
Feb
25
25
15%
*
Ltd
Power Corp of Can 6% cum 1st
6% N C part 2nd pfd
Russell
7%
10% Feb1
7
62
633^
Newfoundland Light & Pow Co Ltd—10
Northern Quebec Power Co. Ltd com__*
1st preferred
__so
Pipe Lines Ltd
Feb
10
8%
*
_*
.__
Pembina
90
al2% al2%
*
Moore
Canada
110
81'
Distilleries Ltd 6%
pfd___10
Mexican Light & Power Co Ltd pfd___4
Minnesota & Ontario Paper Co
:_5
Mussens
110
19.% al9%
Z7
*
XX
"
Ltd
7%
*
Manufacturing Co Ltd
9
675
64% Mar
10% Mar
125%
Apr
a__
66% May
5%
136
a—
Jan
May
Jan
—
36%
Apr
41'A May
39
Apr
43
104%
Jan
134
63%
Jan
3.10
Jan
7%
Apr
78%
Jan
Apr
Apr
4.30 Jan
10%
Jan
18
Jan
18
~Z*
Ltd
18
100
17% Mar
50
51
240
41
Feb
55
Feb
a4l
a45
121
47
Feb
47
Feb
50
35
Jan
25
Jan
130
25%
Apr
Apr
13
Jan
52
Apr
59
Jan
84%
Jan
86%
Jan
11
Apr
12
Feb
55%
41
Jan
*
30
43
Mar
29%
30
785
•
27%
Jan
19%
30
18%
19%
4,795
16%
Feb
18%
19%
18%
200
Apr
Apr
Feb
a41
Alscope Exploration Ltd
♦
43c
42c
45c
7,500
40c
Apr
70c
Apr
»
32c
32c
35c
7,000
20c
Mar
35c
Apr
1
12c
10c
12c
11,000
10c
Apr
17c
20c
1.75
1.60
1.75
6,900
1
a20c
18c
a20c
600
1
2.00
Altex Oils Ltd
Ameranium
Mines
Ltd
Anthonlan Mining Corp
Arcadia
Nickel
Corp Ltd
Arno
Atlas
Aull
Mines
^
Ltd
Sulphur & Iron Co
Metal
Mines
Ltd
Belcher
19
Apr
Feb
2.15
Jan
1.96
Gold
Bornite Copper Corp
Bouscadillac Gold Mines
&
20c
2.03
15,100
6%c
2,240
5%c Apr
10c
Jan
9%c
5,000
8%c
11c
Jan
May
Jan
13c
20c
11c
Mar
17c
17%
163/s
18%
14,735
16
Mar
20%
Jan
1 75
1.60
1.75
26,775
85c
Jan
1.75
A.pr
6c
6%c
9,500
6c
Apr
14c
Jan
Jan
Apr
35c
17c
17c
18c
3,500
16c
Apr
32c
1
Mines
Ltd
45c
41c
53c
19,900
41c
May
8%c
8 %c
2,000
8c
Apr
,
17c
1
1
17c
500
14%c
2.24
2.35
2.35
48c
55c
12,809
40c
Jan
55c
Jan
13c 15 %c
21,000
13c
Apr
23c
Jan
21,499
Ltd
♦
Apr
_i
25c
33c
24c
Feb
33c
Feb
5c
6%c
42,000
5c
May
18c
Mar
28c
30c
26,100
20c
Feb
36c
Feb
14c
14c
4,000
8c
Apr
18 %c
Jan
11
11
100
91/4
Feb
11%
Apr
Feb
81c
-
81c
Calumet
1
31
52c
81c
90,500
1.00
1
1.00
4,200
29%
31
2,145
24
8c
6,900
7%c Jan
7%c
30c
1.00
1.30
Feb
Feb
31%
Apr
1
11
1,800
91/4
Feb
Canada
»
4.00
4.00
200
3.30
Jan
*
50c
53c
4.500
45c
Feb
Ltd—
Canadian Homestead Oils Ltd
Canadian Lithium Mines Ltd
2
10 %
10%.
May
Jan
Campbell Chibougamau Mines Ltd
Ltd
Apr
6c
32c
*
1
Mines Ltd
2,500
28'Ac
1
i
Canadian Atlantic Oil Co Ltd
Canadian Devonian Petroleums
Jan
15c
*
Oils
2.35
Jan
Jan
55c
Calgary & Edmonton Corp Ltd
Admiral
11c
1
Smelting Corp Ltd.l
Lands
1.50
1
Burchell Mines Ltd
Burnt Hill Tungsten Mines Ltd—
Uranium
46,000
1
Mining Corp Ltd
^
Mining Corp Ltd
Canadian
Feb
Jan
9%c
1
Bellechasse
Oil
30c
1
Ltd
Lake
Min
1.75
Apr
2.00 Jan
5%c
»
A
Belle-Chibougamau Mines Ltd
Bonnyville Oil & Refining Corp
Boreal Rare Metals Ltd
voting trust
Brunswick
17c
Feb
1
_
& Gas Ltd
Bateman Bay Mining
Beatrice Red
1.40
1
Bailey Selburn Oil
Baker Talc Ltd..
Mines
a
7_*
Ltd—__II„1
Jan
45% Jan
73% May
17%
*
Mining and OH Stocks—
Barvallee
30
a85
a6
a33.
28%
Jan
147%
12%
60
24
29
Jan
800
a
300
28%
May
1,216
a85
20
100
49
22
25
2,337
49%
X
al8
28%
Can
21
•
18% May
35%
35
Foreign Pwr Sec Corp Ltd—
24
Jan
100
tsh
2.03 May
Apr
Jan
44-
4.00
29%
cum
11
35
all%
18
28
100
a6 X-
Jan
150 X
49
,
213/4
780
%
pfd___20
$1.40
48
52%
a85
6
•
Feb
219
3.30
6%
Co Ltd_*
Grain Ltd
Jan
26%
al2
3.30
Oilcloth & Linoleum
Federal
Fleet Mfg Ltd—
Ford Motor Co of
Jan
33
73%
1,500
X
a87% a87 %
~
Dominion
Mar
26
52
28 %
*
Band-Ore Gold Mines Ltd
Bandowan Mines Ltd
51%
25
Jan
35
6%
5,284
Jan
11% May
19% May
82
47%
21
5
Anacon Lead Mines Ltd
30%
80%
23%
19
1.50
Jan
42% 'Jan
56%
50
«
page
8
94
25%
•
Ltd common.
4% preferred
Provincial Transport
Rolland
'
"
Apr
Jan
56%
■■
J
40%
Jan
25
~
Apr
41%
35
"
66
87
129
Powell River
Feb
Feb
55
common
Placer
30% May
103
Apr
52%
•
common!"IIIH
Page-Hersey Tubes
Penmans
Mar
26%
Ltd
Ogilvie Flour Mills
Ontario Steel
"5
common
preferred
National
•
Apr
Jan
50%
92%
"""«
Montreal
55%
25%
33%
29%
55%
*
Molson
Morgan & Co
19
27%
Jan
96%
100
McColl Frontenac Oil
Jan
47%
19%
class
22
22
'
Standard
106%
Power
Bloedel
&
Jan
May
100
45
a22 % a22 %
19
600
•
Tradersi Finance Corp class A
107
Secord
Lower
Price
19%
pfd—25
*
9'
100
90
45
17%
1,865
200
Ltd
Feb
23
143/4 Mar
15%
•
Corp
93/4
14
Engineering Works
Apr
200
(John)
Zellerbach
63
1334 May
Dominion
Jan
2,085
I5
Crown
V'X/
255
10
6 %
29
High
■
133/4
B—•
'.
85c
500
al8
Sec
pfd
Paper Corp Ltd
57%
12%
50
Low
9 X
alO
*
A
Gas
Feb
28
common! •
Ltd
Consumers
Mar
48%
Rarge Since Jan. 1
High
30c
*
Standard
Consolidated
11
50
90
Feb
5%
Shares
1334
•
class
50% Mar
28%
Lines
Div
Advertis
4,236
525
•
Consol
Gen
2,110
5%
•
6%
Neon
Jan
12%
49
750
common
Claude
Apr
55%
io
Powders
Canada
Apr
for Week
alO
A
86%
5%
45
Apr
Mar
Sales
Range
of Prices
*.
Ltd
class
60
12%
50
Apr
Exchange
Week's
*
Ltd
Corp, cl
Co
Ltd
46% Mar
54%
100
Interprovincial
Ltd
25
12%
International Paper common
7.50
International Petroleum Co Ltd
•
International Utilities Corp common
5
Labatt
5,092
49
55 %
5
nfd
Internatl Bronze
Int Nickel
73%
49
•
preferred
4% %
preferred
Inland
73%
10
£1
74
Funds
15
1
Products
Prods
Apr
Apr.
al7
101
$4.50
Food
17%
al6%
30
com
45
175
1.75
*
com
Paper Inv
McColl-Frontenac Oil 4%
101
preferred
28%
Apr
x!
Melchers
•
6%
Ltd
Co__
&
Jan
Gypsum Lime & Alabas
Indust Accept Corp common
$2.75 preferred
15%
Jan
43%
30c
100
Marconi
Jan
63%
73%
Jan
23
*
preferred
Feb
1
•
12
■
44%
L010
_•
Ltd—
Trust
58
100
Bank
Inv
11%
Great Lakes Paper Co Ltd
Imperial
Investments
Intl
Feb
28
Imperial Oil Ltd
Imperial Tobacco of Canada
155
1,225
153/3
Dominion Sugar
Dredge & Dock Co Ltd
Apr
21
Class B
Apr
44
1
&
Canadian
Mar
1,180
Howard Smith Paper common
Hudson Bay Mining
Apr
24%
al5al5%
13%
Ltd.
11
1,625
a7
4.65
Feb
28%" 23%
i.
20
Canada
Co
25
24%
•
Feb
44%
pfd__
Hosiery
49
29%
common
Feo
2.75
18%
al5%
Company
25
24
Wares
67 »/2
130
23
*
Butterfly
460
28%
Steel
752
3,259
4.50
23
common
cum
671
29
General
5%
50
a55
5
73%
4.15
__l
Ltd
11
24%
Motors
72%
>
4.50
—
Aor
Belgium Stores
50
•
•
Jan
9
•
General
73%
Jan
17% May
J an
11
a
14 % Mar
Apt
25
5
common
9%
13%
19%
Fraser Cos Ltd common
5% preferred
General Dynamics
Feb
Apr
25
Foundation Co of Canada
Gatineau Power
Apr
May
9
1
2,965
Jan
10% Mar
Westinghouse
Apr
7
8
20
17%
Feb
9.00
Feb
Silk
3,105
Corp
7.50 Mar
Jan
Canadian
11%
Eddy Paper Co class A pfd
1,850
30c
Canadian
10%
Famous
8,10
16%
17%
Feb
Jan
al9% al9%
Electrolux
49
25c
Mar
39%
25
42% May
*
Corp Ltd—
Belding-Corticelli Limited
50
19 %
•
600
Arcan
22
660
•
42%
Jan
Power
96
_*
42%
10%
Canadian
465
common
100
Apr
Canadian
14,427
Power
Mar
Mar
Jan
50
Canada Sec
98
8
Jan
23
Kootenay
Match
Jan
40
4,545
Apr
60
Pont of
Apr
71%
'ICO
X.
8%
15
Mar
•
60
Feb
100
7.50
—
8%
31
Mar
3%
56% Mar
Jan
60
5
16
18
11 Mi
Jan
49
2,257
Anglo-Nfld Development Co Ltd
Apr
Feb
45
?
47
30
65%
1.20
Mar
610
2,400
•
150
a58
64
39%
14%
19%
•
55
a58
;
65
Feb
14
7
23'/a
55
Jan
32
129
59%
East
20%
575
600
49%
Du
Apr
74,400
16
21%
Eddy
17%
1.10
14a/4 al5%
13%
common
l,b8o
34 %
25
60
new
18%
33
105
50
Ltd
18
18%
Jan
V 1.05
Gen
25%
Ltd
May
Ingersol Rand Co Ltd—.
22 3A
Brewery
21
33
Canadian
•
Donohue Bros
May
l.io
Canadian
7
common
21
*
Canadian
12%
common
100
Anglo-Can Pulp & Paper Mills Ltd
Jan
•
Dominion Tar & Chemical
Redeemable preferred
Jan
21
*
Apr
•
Dominion Textile
22
21
1
May
Dominion
Dow
Timber!
&
12
24%
Ltd
133
Apr
Par
Abltca
28%
13%
common
Jan
Apr
20 %
Last
17
Dominion Steel & Coal
Stores
40
130
Sale Price
Jan
19
33
Apr
5
stocks
Feb
75
100
41%
Jan
15
Friday
Feb
50
•
Jan
Canadian
16
25%
com
47%
no
*
10
49
25
Feb
a40
—50
25
303/4
pfd
47
a22
.
955
2
2.50
r
580
____*
Gas_
common
preferred
8,700
•
T ■■ ■
47%
Canadian Stock
Catelli
Distillers Seagrams
Jan
47
;;
*
12
19%
__.
44%
10c
.
253/4
49
Co
Apr
al31
"A"
15%
16
al5
B
41
a40
Worts.
&
25
Glass
Cork
125
*
11%
12
253/4
Corbys class A
41
a21
____
25% /X;27v
...
'
Crown
Apr
83/4
Equipment
Enterprises
Mining & Smelting
Consumers
8 %
25
Combined
Consol
4% Mar
29%
preferred- -10
Ltd
41
al30
May
11
Railway
89
*
____:
Central
Ltd
4% %
Jan
Jan
19
Petrofina
Feb
__*
May
7%
11
Canadian
81
a21
May
11
.
7
18
Canadian Vickers
1,612
Jan
18%
—25
.86%
47%
Feb
60
19
Pacific
Corp
Jan
28%
„
Canadian
Jan
85%
42 J/4
Jan
14%
al5% al5%
.100
97%
Mar
Apr
al4
Hydrocarbons
—
Jan
Jan
13
Jan
21
*
18%
95
Jan
Industries
Warrants
Gooderham
12%
Canadian
Canadian
Jan
15% Mar
170
41
*
■
Steel
55%
Canadian
Canadian Oil Companies common.
5%
preferred
15%
12,930
97
85%
.—100
...
13%
Power—
400
16%
—*
Oils
United
Webb & Knapp
Weston
(Geo)
class
7
common
14%
15%
97
Bank.
Walker
7
___.
14%
16%
al31
__.
pfd—
Apr
al5%
ZZZZi
Warrants
5%%
Mar
■jm
Chem & Cellulose
36% Mar
*
•
Power
24% Mar
27%
Jan
a32
Canada common."
Canada—
94
26%
28%
*
39
25
■—.—
Co
Feb
Apr
Mar
Jan
75
a32
—
*
Toronto-Dominion
14%
m.
25
.——
90
273/4
of
28%
—
14%
—
26%
23%
Jan
a32
19%
55
Canada
Steel
Feb
2.95
72%
Jan
South am Co
Southern
Apr
45
Mar
16
*
:
common
Apr
Jan
64
2,590
100
Breweries
Apr
91% May
5,016
27%
"A"
class
253/4
26%
25
common
series
series
11
1,526
19
*
A
Voting trust ctfs
Simpsons Ltd
68% May
High
71%
17%
25
preferred
30%
Mar
29
445
common.
Canners
Canadian Celanese
$1.00
70
203
11%
—
Bronze
Canadian
92
37%
7%
Apr
Apr
11
Sherwin Williams of
Low
//
18%
preferred ________——50
35%
Mar
37
4%%
Rar.ge Since Jan. 1
High
70
___.
Sicks'
100
Low
*
common
Jan
55
91%
25 V*
Apr
Corp
Shares
71%
preferred
;____100
Shawinigan Water i. Power common—*
Series A 4%
preferred
i
50
3.00
108
37
common.
preferred
$1.25
_
46% Mar
47
Jan
._io
.
__
Feb
Jan
48 % Mar
3.65
preferred
5%
Canadian Bank of Commerce
43
13%
class
Cement
Lawrence
5%
Jan
101
11%
common—
Mar
Lawrence
St.
for Week
10
___;
—
Jan
35%
'.Zlo
pfd—
*
Steamship
Canada
Mar
26
1,930
105
126
62
411
40
•
preferred
Canada Safeway Ltd 4.40%
Jan
alOl
39
39:%
—
4%%
29%
683/4
27%
.100
Canada Malting common.
506
Apr
29 %
,
28
common— -10
Feb
Apr
2.00
alOO
29%
7-20
41
43
68
alOl
•
1,870
35 V*
34%
683/4
common
;
11% May
93
2.50
,____*
preferred
4% %
1,980
443%
_*
—
Iron Foundries
205
12
45
_.—-.
Preferred
Canada
41
46
•
Power
41
11%
41
11%,
-25
Power
class B
Canada Cement
$1.30
280
III*
Products
Building
35
47%
•
Products.
Telephone
Columbia
British
44
47
,_50
_—.
Forest
Columbia
British
44
50
i
Columbia
British
Preferred
Sales
Range
Par
Royal Bank of Canada
Royalite Oil Co Ltd common
St
50
4%%
Week's
of Prices
Last
/,X,' ,/v/Xx
/%/;X.x .X///I' ' /:.
Jan
common...,
American
3
Sale Price
7%
29%
British
MAY
Range Since Jan. 1
Power.
Note Co_.
British
preferred
5%
preferred
4%%
preferred
ENDED
STOCKS
Shares
9
Paper
Corp Ltd
Brazilian Traction Light &
Bowater
WEEK
for Week
Sale Pi ice.
FOR
Sales
11 %c Mar
13%
4.45
57c
Jan
Jan
Jan
7.75
8.00
800
5.90
Feb
8.30
Apr
*
7.85
8.25
2,000
6.50
Feb
8.35
Apr
—10c
2.34
2.34
200
2.28
Apr
2.34 May
32c
35c
11,100
Ltd
1
8.00
32c
31c
Feb
45c
Jan
Number 5635
Volume 185
The Commercial and Financial Chronicle
...
(2133)
CANADIAN MARKETS
RANGE
Friday
Week's
Last
Range
Shares
STOCKS
Sale Price
Par
Canadian
Nickel
Can-Met
Low
Pipelines & Petroleums Ltd_l
Canalask
Mines Ltd
60c
1
4.75
Canuba Mines Ltd————;—-—1
Capital Lithium Mines Ltd
Carnegie Mines Ltd—
Cartaer-Malartic
tassiar
Celta
Gold
Asbestos
Development
Central-Del
Central
Oils
Rio
Manitoba
Ltd
Co
C&mo
Consolidated
Ccnsol
Central
Consolidated
"3"
Cadillac
Coi.soiidatea
Consol
Coulee
Lead
Trebor
Mines
Exploration Ltd
Apr
7.70
200
7.45
Apr
Jan
8.25
Jan
Trojan
8c
Aor
United
6c
6,000
8c
8c
500
10c "11c
•
Asbestos
Apr
9.25 May
United
Montauban
Jan
15c
United
Oils
4,000
10c
May
27c
Jan
52c
2,700
30c
Apr
54c
Jan
4,300
Feb
Virginia Mining
23c
40,400
20c
24c
22,500
1.16
1.16
3,000
Feb
4.20
1814c May
16c
Lithium
Waite
Jan
Weedon
Pyrite
Wendell
Mineral
Amulet
15c
15c
15c
3,000
15c
May
16c
Feb
19c
18c
20c
15,000
10c
Jan
27c
Mar
Western
Westville
1
13c
1
2314
11c" 1 13c
2014
1
Ltd-
1
Ltd—
2,500
71c
Feb
1,500
12c
Apr
18c
17.625
13c
Feb
22c
1.35
Apr
3.05
Apr
5.25
Jan
28c
11,500
Apr
30c
3.90
4.00
800
8q
85c
3.40
6,500
10c
24c
6,000
83c
10c
500
*
Ltd
-————1
Rio Producers
Mines
Dome
East
Eastern
Asbestos
Eastern
Mining
El
Sol
Oil
Metal
Fab
&
83c
5.10
1414c
4.45
1.06
12c
65c
4.70
12,900
Inc
Ltd.,
Feb
21,500
Copper
Gold
Heva
Hollinger
Lake
Indian
Ltd
80c
Explorations
Jaye
1,900
21c
8c
8c
914 c
28c
25c
29c
7c
6.000
25,600
May
2.50
Feb
Kcntiki
Lead
Labrador
Zinc
& Exploration Co—1
Mining
Liberal Petroleums Ltd
Lingside
Pacific
b%
Mar
45c
Jan
Jan
Aluminum
Jan
4%%
18 %
Feb
2114 Mar
35,500
Corp
Lorado
*
——
Uranium
Louvicourt Goldfield Corp
Mercedes
Ltd—
Molybdenite Corp of Canada Ltd
Monpre Uranium Exploration
Mcntgary Explorations Ltd
Ltd
New
Forraaaue
New
Goldvue
New
Jack
New
Pacific
New
Santiago Mines Ltd—;
Spring Coulee Oil &
New
Minerals
Ltd—
&
Apr
30,500
72c
2,000
65c
13c
8,000
11c
Mar
21
1,750
18%
Feb
.
2.50
1,500
.
1.49
500
15c
1,000
92
95
465
48c
52c
28,550
1.70
1.58
1.75
6,000
1.40
-
1.60
73,800
"
34c.
Jan
13c
Jan
93c-i Jan
23c.
2.80
Apr
1314c
Jan
Apr
60c
Jan
1.34
Apr
1.70 Mar
Feb
14c
Feb
23c
Jan
73
Mar
95
Apr
35c
Jan
1.50
55c
Feb
2.08
1.20 Mar
6,000
34c
1.50
22,600
98c
May
89c
119,900
2.35
44,300
65c
Apr
-1.86
Jan
Jan
1.74 Mar
Apr
25c
35c
2,15
Jan
Feb
35c
45c
'
24
8c
34c
2.20
Jan
35c
1.20
1.45
J
Feb•
2.42
„
Jan
46c
May
5c
23c
Jan
16c
5,100
35c
1114c Apr
-
2,000
814c
.
15c
Jan
1.50 May
1.08
Apr
2.65 Mar
Jan
30c-
26c
32c
13c"
44,000|
26c
May
50c
y
62c
Co
new
410
8
7%
18%
17%
1214c
High
'
Feb
35%
2214 Mar
Feb
Apr
9
Jan
17% May
21
Jan
6,150
'
pfd
7
810
45c
46c
9,427
21%
23%
95
95
13%
16
Anchor
Petroleums
Corporation
Ash Temple
Northspan Uranium Mines Ltd
1
8.15
8.15
8.25
1,900
ObaJskl
1
19c
19c
21c
9,700
16'A
2,685
12c
8c
2.00
•
,A
81c
49%
I
13c
17%
14c
*
—100
—
13%
River
♦
12,500
_i
8%
10%
1
22c
14%c
6
28
12c
1.06
...40.
185
180
.
1,063
500
.2,999
...
7,500
991,900
Feb
Feb
Jan
8%
Apr
Feb
9% May
"
"
19c
Apr
18c
Jan
4.50 Jan
9% Jan
10%
Apr
90
Jan
7
Jan
15%
Apr
Mar
Feb
6
Mar
29%
Jan
14c
Jan
5
24
10c
2014c
Mar
Mar
117
Apr
1.16 Mar
16,300
9c
Jan
17c
20c
24,199
20c
May
39c
Jan
13c
15c
26,700
10c
Apr
21c
Jan
1.75
15%
8c
1.80
1514
9c
7,500
_1
18
16%
18%
34,043
—
15%
*
Jan
9%c
23c
8c
1
12C
3.50
3,265
~
1
;
Ltd
Feb
2.20
Feb
10c
-
30,100
3.55
9%
—1
common
1.65
13%c Jan
1,848*- ""15% Mar
115
44
Jan
13c
105% 108%
3 3'A
14%
9c
Mines
Electric
Apr
40c
9%c
—
7c
88c May
18% May
50% Apr
84c
—
94c
Jan
89c
-
Jan
Jail
1
Mines
Jan
49c
37c
5'A
26%
Mines
Feb
13
25c
1114c
Mines
Jan
51%
93,250
27%
Mines
16"%
>..*.,1,000
11 %c
—
13% Mar
50
Jan
11% Mar
"
88c
*
*
Apr
25c May
34c
1
common
—
Jan
Jan
18%
49%
15c
—
Yellowknife
Jan
5.40
2.00
67c
1
Steels
Apr
Feb
17%
49
13c
10%c
3.50
Mines
Acceptance
Atlas
Atlas
Gold
7%c
8%
9%
r
—
—
73c ^
33<r:,j.; 33c
*
—50
1
Warrants
Atlantic
-
1.98
Feb
Jan
900
100
1.60 Mar
13
Jan
8c
Mar
2.01
Feb
Jan
15% May
12 %c
Jab,
Jan
714c Feb
236,850
1
Class B
Avillabona Mines
20c
25c
-
Debentures
Auto
1,000
20c
24c
Associated Artists Productions new__25c
Aunor
2,500
1.40
common
Jan
4,000
4.80
13,263
*
•.
preferred
Gold Mines
Corp
Feb
9c
938
1.70
Metals
2.00
25c
5.40
1.60
1.70
1
$2.40
14c
1.75
5.10
4
—
Jan
;
Jan
8,900
•
common
Jan
23c
70c
56,031
14,175
9c
1.64
Apr
1.30 May
41c
1.42
1.91. 2.05
1.40
1.70
Feb
32c
36c
1.30
8%c
7,500
1
29c
39c
1
Apex Consolidated ResourcesArcadia Nickel
;
1,000
Jan
Jan
10,500
6,250
13c
12c
15c
81c
Aumaque Gold
17c
23
4814
7,077
185
Aumacho
Mar
21% May
44% Feb
305
Jan
May
1,189
51
Jan
7c
4514 May
30
45%
12 Va
24c
10c
Apr
21%
11%
49c
500
4414
May
45%
15%
Apr
16,500
8,466
16
21%
1.35
—
Apr
135% May
50 %
Ascot
Mar
Feb
16
Arjon
Mar
24
95%
Jan
—
Corp
50c
Jan
8
11%
80c
Mines
Feb
Jan
.
108%
—4.75
Argus
35c
9,479
-
Anglo Canadian Pulp & Paper pfd—50
Anglo Huronian
*
Anglo Rouyn Mines
:
*
Area
Feb
20c
Jan
1.85 Jan
17c 2014c
5
Anglo American Explor
Ajfcan
Jan
42c
4414
'
20c
20c
Jan
88c
*
Mines
May
814c
Ltd
Oil Development
13c
7c
1
"
40,245
-
,
Apr
45%
45
21%
127 135'%
714
Jan
50c
Lead
20c
9c
*
45%
Mines
Anacon
6,900
7c
16
Apr-
10% Mar
18%
90
135%
Jan
92
7,201
95
23c
29c
Apr
10c
Feb
1.50 Feb
2,600
-
23%
25
Amurex
2,500
9c
fllq
10,900
32,500
1.65
46c
5,500
-
13c
1.55
50
,
Petroleums
Leduc
13c
1
11c
1.60
*
American Nepheline
Aubelle
1
13c
1214c
*
Jan
24
18%
1214c
30
685
8%
•
:
com
Larder
24c
12%cl2%c
5,023
23
100
4%
1.69
12c ;
Range Since Jan. 1
.Low
32"%
1
;
Oils
preferred
Amalgamated
Jan
,
12%c
Shares
High
♦
21c
:
,
*
of Prices
30%
22%
;
1.60
.
....
Sales
1
Ltd
Atlin-Ruffner
'*•;
i.—*
Ltd
65c
2,000
1
Ltd
Oils
May
21,700
8c
Mines Ltd—1
Uranium
Codl
Jan
Apr
7c
35c
50c
1
..
12c
29%
14c
1.49
1
Apr
21c
.
Jan
Feb
35c
2.42
-
^
5
1
1
1
—1
Mines
Lake
19,128
_-_r
1
Island Mining Ltd-——1
Mid-Chibougamau Mines Ltd——1
Mines
30c
7c
23%
20
y
-
5
Merrill
Mines
3,180
8c
35c-
1
Ltd
Mines
Exploration Co Ltd
Mogadon
1,000
2914
21c
Mar
11c
1
Ltd
Mines
714c
29
__
of
Mclntyre-Porcupine
714c
10c
Ltd
common
Cons
Algoma Steel
13c
11c 1314c
Jan
for Week
Low
1
Warrants
Apr
28c
200
Gold
debentures
Apr
20%
:
Range
•
Uranium
Algom
Feb
20
•
Week's
32'/s
50c
Explorations
30c
72c
Mining Co Ltd——1
Canada LtdL*
Copper
Lithium
Jan
Exchange
Funds
37c
May
15c
814
27c
May
70c
c
25c
1,500
13c
29c
Aluminium
2,000
;
37,500
66c
11c
6c
16c
20%
17c
70c
Jan
11c
11c
13c
Apr
13c
.
•
common
Yellowknife
Jan
16,400
15c
1
2.98
6% May
Jan
29.800
10c
Ltd
Mines
Jan
1.90
25
3.10 Apr
Feb
__
:
5,100
6%
22c
16c
15c
1
Ltd
2.80
6%
15,500
18c
;
Jan
6%
Alberta
5c
1.05
*
Alberta Distillers
13c
Mar
2.80
25
Shoe
Surpass
Alba
28c
91c
5.00 Jan
Feb
4
35,025
10,800
Jan
•
1.00
Jan
7.50
Apr
13c
Feb
97c
Last
Ltd
3.10
35c
8c
6.80
Mines
14c
614c
Apr
7.10
Advocate
25c
1
5C
1
Jan
Feb
1
1
5,500
Jan
9.50
Feb
I——1
Ltd
5c
2.35
12%
17%c
.1.75
3.10
voting trust-':
54c
Mar
8% May
6.00 Feb
18c
17c
Mines
Mines
Feb
79c
12c
Jan
1714c Feb
8,300
21c A
35c
1,500
3,000
29c
11,500
21,830
8c
1
350
42c
5c
■
8%
40c
——
1.00
8%
~
40c
18c
2.75
17c
Mines Ltd
Apr
Jan
May
9.40
7c
__
Jan
22c
42
18c
2.60
2914
Apr
3.80
14c
Apr
33% Mai-
9.35
Akaitcho
1
27,900
Jan
Apr
88c
8%
15c
Ajax Petroleums
3.00
,
1,725
18c
2.65
Ltd.:——5
Mines
Mines
Uranium
Jardun
Gold
Gold
Hudson-Rand
Iso
Ltd
Mines
Cons
1.80
39,200
42
9.40
Jan
11c
21,000
%c
40'A
Mar
1
Apr
1
11c
•
42%
21c
Ltd
Corp
5,500
-
1
American
Haitian
15c
3.90
16c 19
18c
l.OO
1.00
Mining
2914c
20%
Jan
1
Gas & Oil
Aeonic
7%c
1
16c
14c
3.40
.
Acme
Feb
——*
Jan
5.50 Mar
Acadia-Uranium Mines
Feb
18c
—
6.95
2.80
Jan
4.05 Mar
15c
Mines & Metals Ltd-1
Gunnar Mines Ltd
100
•
33%
—.
Jan
5.85
1
Sugar common
4.055
——*
Age Mines Ltd——
Grandines Mines Ltd4;
-
:
18c
1
Golden
Apr
37c
STOCKS
37%
__
33c
Ltd
36
—1
:
Ltd
Mines
18c
♦
Ltd
Apr
15c
1
A
Agnew
1
18c
8,600
2.20 Mar
Jan
65c
Feb
3.00
2414c Mar
1
Bay Copper Mines
Products Ltd
Atlantic
Class
Jan
Ltd
37,600
26c
——*
Decalta Petroleum Ltd
Acadia
Jan
Ltd—
Mines
(1945)
Gui-Por Uranium
5.20
Feb
45c
Am-
15c
Uranium
'
Copper Corp Ltd
Preferred
28c
Mines
Oil Ventures
Gateway Oils Ltd
6.75
13% Mar
V
22,000
Faraday
Gaspe
1614 c Apr
37,800
.
26c
21c
Sale Price
18c
25c2G%c
23c
——
Par
42c
Fen tana
&
Power & Paper common
40c
—•
36c
1
ry:
15 %c
3614
Apr
3.60
Jan
Mar
41c
1
18c
Friday
1614c
1
Jan
19,200
1
Mines Ltd
■y-y
1
:
Mar
60c
33c
Toronto Stock
1
Minerals
Mines
r
Jan
4.30
9,000
3.65
Jan
12% Mar
1,800
63c
3.35
*
Fundy
4.40
65c
3.55
Ltd
42c
Apt-
29c
^Canadian
Feb
May
lie
35
———-1
Co
Jan
18c
5,450
5.85
Jan
Apr
714c
800
& Smelting Corp Ltd_l
Falconbridge Nickel Mines Ltd
Fano Mining & Exploration Inc—
Frcbisher
6.30
4.45
10c
38,400
,
Mar
Feb
9%c Jan
56,000
al2% al2%
—
1
Ltd™
Gold Mines Ltd
Empire
6.30
*
Mines
14c 1614c
1
Ltd
Ltd..
Sullivan
14c
:
Del
Corp
186,900
42c
Westburne Oil Co Ltd
Abitibi
Daine
38c
26c
Ltd
Jan
2.40
10c
Jan
2.60
1
Jan
2.85
500
714c'
Jan
30c
Jan
4,200
8c
1
Ltd
Mar
2.55
1
I
Ltd
13c
26c
;
:
57c
Mar
Apr
2,50
-1
Apr
12c
Apr
15
/
„p
.
____1
—:
Jan
25%
Jan
5.50
28c
Exploration—_.—1
—1
17c
Jan
200
:
14c 15%c t-~
2.95
3.05
2.95
.♦
Jan
13
27c
5,500
32c
1
'
15c.
*
10c
9,980
1.15
12c
__
1
9,500
1434
1.07
1.09
2314
1434
*
-1
256,300
15c
34c
50c
_
—*
Corp_
Jan
1.18 Mar
Apr
>
35c
2.50
41%
46c
1
Ltd
_
Ltd
Mines
Mines
28c
Feb
1.06
Valor
—:_1
Mines
_
Ventures Ltd
2.90
18 %c
.
38c
1.25
Ltd—:
44c
2.44
1
High
2.50
_
Corp
8c
Mar
Low
23c
_
Ltd
8.80
v.
Range Since Jan.
High
28c
37c
_
Ltd
Oils Ltd
2.70
18Vic
Ltd
Mines
6c
11,650
8c
__
34c
32c
7.70
6c
Ltd
Empire
11c
Mines Ltd—
Co
Mar
Mines
Exploration
3c
10c
Low
1
__
Jan
5.65
2,500
[
Zinc
&
Mining
19c
23c
Ltd
Copper Rand Chibougamau
Cortez Explorations Ltd—,
Cournor
Feb
1.I6
Ltd
Mines
Trans
Jan
5%c
1
Basin Mines
Mining
Ccpper-Man
Tib
Jan
3.00
5c
Yellowknife Mines
Copsol Sudbury
Continental
Jan
54c
Ltd_.l
Ltd
Monpas
Quebec
55c
Feb
9.25
-'—-i
Halliwell
Tazin
Apr
34c
8.85
Mines Ltd
Denison
Warrants
Ccnsol
Apr
25c
13c
2.75
Shares
15c
700
10,700
1
for Week
Ltd-
10,100
__1
Mines
Mines
94,700
13c
75c
Mines
Corp
Bi-Ore
Tarbell
30c
9.15
Ltd
Corp_
Development
Apr
60c
Mines Ltd-
4.95
__i
Ltd_,
Gold
Mar
Lake
13c
—:—1
Williams
39c
Tacne
a40c
•
Mines
Sales
Range
ef Prices
Far
Apr
3.10
25c
•
Ltd
Cmc-Kayrand Copper Mines
Chibougamau Jaculet Ltd
Cbipman Lake Mines Ltd
Cocnenour
4.30
79.000
^
High
Feb
2.50
'
■.
*
Ltd
Cheskirk Mines Ltd
Cleveland Copper
100
60c
Week's
Last
Sale Price
Friday
-
1
Ltd
3
a38c
25c
13c
Min
&
MAY
STOCKS
Low
3.10
56c
•>'
—1
Mines
Corp
ENDED
Range Since Jan. 1
High
3.10
1
Explorations Ltd
WEEK
for Week
of Prices
FOR
Sales
New
Vinray Mines Ltd..—„
Nocana
Mines
Ltd_,
North
American
North
American
Okalta
Asbestos
Rare
(1945)
Oils
a
,
Corp
1
Metals
Ltd
:
—
2-60
2.58
2.70
12,200
Opemisce Explorers Ltd—.————.1
33c
30c
34c
10,700
Opemiska Copper Mines (Quebec)
Orchan Uranium
Pacific
Partridge
Pennbec
Permo
Canadian
Mining
Gas
Phillips
Oil
Pitt Gold
Explorations
Ltd-1
~"I"
MontrealllZ—I
Oils
Bank
of
May
9.00 Mar
Bank
of
2.30
30c
Jan
Barnat
2.90
Jan
Barvue
Mines
Jan
Barymin
Feb
9.50
14%
Apr
62c
252,000
lie
Feb
62c
May
24%
2,835
1614
Feb
26%
Apr
Baska
1
Development
Uranium
20c
Feb
32c
Jan
Bathurst
30c
Jan
45c
Jan
Beattie-Duquesne
2.40
Jan
3.90
Apr
Beaucage
1
1.76
1.65
1.76
12.309
1.40
Jan
1.85
Apr
Beaver
9c
914c
*
*
6.400
814c
814c
4.800
39c
35c
42c
30,400
*
3.35
3.15
3.60
16,000
1.28
1.25
'
y
Paper
class
Stadacona
Mines
Mines
15c
Jan
Apr
17c
Jan
Belcher Mining
75c
Feb
Belleterre
3.70
Apr
Bell
Jan
Stairwell
Sullivan
Oil
&
Iron
Cons
Gas
1
6.40
•
Ltd
Feb
1.25
12c
Jan
26c
Mar
6c
Jan
20c
Mar
4
1
19,600
14
350
-
42,700
6.40
>
"
6.40
100
31c
34c
17,500
5.50
6.00
1,100
1.43
87,700
1.43
1
1.31
22%
1
—
52c
*
9c 1114c
1
Mines Ltd
Mines
Jan
12,500
48c
34c
Corp
Mc
2.28
33,500
14
-
Ltd
300
1,25 Mar
16c
15c *
11c
"
Ltd
(1944)
6,200
a85c" a85c
.
*
*
Stanleigh Uranium Mining
Steeo Rock
:
±.
1.30
/, 3.50
22
2214'
4,345
3.50
2,100
3.40
;
48c
May
14
Apr
9c
Apr
6.35
30c
Lumber
Beaver
Co
common
1
1
Corp
Quebec Mines
25
Telephone
Apr
-
Apr
3.15
Jan
64c
Jan
17%
Feb
3.35 Mar
Jan
77c
Jan
18%
Jan
19c
8.00
42c
6.25
Jan
Jan
Jan
Apr
1.43 May
22%
Apr
4.00 Jan
Bevcon
Bibls
Yukon
Black
Bav
Bouscadillac
Bowater
Brantford
MEMBERS:
MONTREAL STOCK
EXCHANGE
TORONTO
STOCK
CANADIAN
STOCK EXCHANGE
EXCHANGE
"
230
Notre
Dame
St.
Telephone
West, Montreal
PL-9501
Briinnrf
Branch:
1203
Branch
65
West 44th St.,
New
Phillips Square
Office:
York City,
MUrray Hill 2-4545
Mines
—
For
footnotes
see
page
44.
8c
Jan
foC
?>eb
Jan
90c
Feb
25c
Jan
47c
Mar
®c ^ar
51
Apr
^an
May
14 /2
Apr
1.58 Feb
1.62 Mar
42% May
1.71 Feb
i8%cMay
87c
5,200
70c
Feb
9c
9c
7,700
8%c Jan
15c
44,600
9,600
46,750
63o
25
5,850
14,599
1,460
12c
42
„
1
8%c
4.55
42
47%
5%
7%c
4.40
45/2
47%
5%
8%c
4.55
*-75
2,623
8%c
12c
75c
40
Feb
7%c Feb
3.75 Feb
80c
84c
16/2
85
8 k
9
11,679
5.65
5.65
5.65
145
44c
65c
65,700
42c
2 90
3 20
S0S3./.
27,769
6.567
2 60 Mar
«y. Feb
1
BrltiShn,<;;—5" Electr"^-
63c
1
*
2-9«
53
79
10
100
Dreferred
"—50
J%/ pre7er?ed"::^::::::
50
B^&^issri*3sz=S
Packers class A
British
Columbia
pm'sh
Columbia" poVer::::::::;::"'
Columbia
Telephone Co
25
91
47'/a
90
47
-
79 I
911
43%
47%
45
115
425
70
^an
Jan
1.60 Mar
70c
1.12
Jan
Jan
14c
Mar
15c
May
45/2 May
Feb
4.85 Mar
16%
warrants
Jan
Apr
43%
9
—
1.93 Jan
2.75 Jan
32c
Feb
18,/4c Jan
1.55 Jan
16%
•
2.38 Apr
46%
Mar
Feb
•
1
18
12®
Feb
Mar
13c 14%c
86c
95c
tan
^pr
90c
14c
Apr
175 Jan
25c
5%
60
1 05 Mar
8,903
90c
Jan
62c
6,950
13c
British
QUEBEC-TROIS-RIVIERES-SHERBROOKE-CHICOUTIMI-ST. JOHN'S, P. Q.
Apr
45c
84c
•
T tri
Dreferred
36c
46c
A
class
BHuih AmerlJaroifi:::::;::
4?.%
59
Apr
Apr
common
Petroleums
Mine*
Feb
Feb
Jan
Jan
Jan
2.25
135
34c
1
——————————I*
Tank
3.30
54%
120
27c
9c
50
BritaRa Petroleum
5%
Local
&
Jc
Jan
Feb
Feb
2.15
27c
50
Cordage
100
361,960
1,100
16,091
14,800
746,160
1
pfd.
Traction
18
2.38
1.67
44
2.10
23c
—
1
Mines
6-500
2.14
1.63
42%
2.00
18%c
1
Paper
Brazilian
Bridge
1
preferred
Gold
41
Mar
80c
Ltd
5%
32
2.40
47
55%
2314c
28c
I-20
1
Gold"——Z_„
Corp
5%%
Bowater
80
20% Jan
2-16
1
Mines::—--
Mines
Bouzan
125
30c
18
2.28
1.63
43%
2.05
18%c
1
Mines
Bordulac
110
28c
—
Uranium
Gold
Bcmvllle
57
8,550
15% Mar
1-25
—
-
-
Mines~LtdI~~—I"~I
Bldcop
57
—
I-20
29c
1
Mines
Warrants
Bralsaman
HART
1
Mines
Uranium
Bicroft
Bralorne
&
50c
Copper Corp
Mines.——
Bovmar
SAVARD
*
A
Lodge Uranium
Apr
1.98
&
Power
May
9c
814c
35c
12c 1314c
15c
48c
Mining Corp Ltd
—
1
2,700
_1
Sherritt-Gordon
30'49„
32c
8.300
Quebec Smelting Refining Ltd—
Mines
32,300
1C£
—
—,
*
—
2,000
1214c
Crest Gold
36c
*
Mines
—
32c
1
Quemont
65,150
Mining
70c
75c
20o
Ltd—;
Red
70c
88c
1
•
3.60
Quebec Chibougamau Gold Fields Ltd_l
Quebec Copper Corp Co Ltd
;
1
Quebec Labrador Development Co Ltd_l
Oil
46c
Ltd
Bethlehem
Quebec
48c
32c
51c
32c
1
15,350
28c
20c
1
Ltd
Ltd
713
135,300
25c
3.40
*
58
36c
57
30c
,
.
9,200
2,156
32c
*3.604
.
1
1,350
2.75
50%
1
"I
Petroleums Ltd
Bata
36
2.65
10
—
—
Exploration
Metals
Base
33%
49%
56%
10
Scotia
Mines
54c
2.70
49'/a
1
Nova
Jan
May
35%i
50c
—
Mines
33c
45c
1
(Chib) Mines Ltd
Producers
1,725
19c
—1
Dreferred
5%
Banff
1
-
Mines
Prime
Island
Gas
Apr
1.80 Mar
2
—
preferred
Ltd
Co
Jan
27c
23%
2414
"
13%
13
57c.
;
1
Corp—
414%
13
1
Ltd——
Mining Co
Porcupine
Portage
Provo
Mines
Ltd_l
Petroleums Ltd_:
5.60
Jan
Bankeno
—90c
Ltd-
10%c Apr
Apr
1.25
Bailey Selburn Oil & Gas elass A
76c.. ^ar
15 A Jan
7
J[an
4.10 Jan
Mar
48%
5%
10c
5.45
Mar
Apr
Jan
Mar
A;00 ^5
18
Jan
c9/* J5aZ
5.65 May
66c
Jan
3 25 Jan
53./. May
Jan
84
Apr
46% Apr
Feb
50
79
90
95% Mar
Mar
«% jan
J-
n;^
16%
16..
500
14
Feb
;r'*r
^
45%
44 %
«4.o«
44% 44%
177
41
Feb
Mar
46%m«C
47 y4 P
"
1
^17
*335
43
41
Commercial and Financial Chronicle
The
Monday, May 6, 1957
...
CANADIAN MARKETS
RANGE
Friday
STOCKS
Week's
Par
Broulan
Bruck
Reef
Mills
Mines:——:
class
Brtmhurst
Mining
Mining
Bufialo
Smelting!
——
Ankerite
1
:
———
—
preferred
Malting
\ &
8c
34%
100
12c
23,046
10c
51c
82 c
1,018,990
26c
*
31
—*
69 %
.
Breweries
11
6,791
28%
30
1,135
27%
28
100
8
400
15%
100
Chieftain
2.65
2.50
90 %
760
36%
90%
575
2.60 V
3,150
7.05
7.50
4,311
11
11
11%
18%
380
18%
18,
15
75c
17c
8.05
7.50
8.05
48%
47%
48%
3.70
455
60c
62c
.*
13%
;
66c
13%
13,940
14
14
14%
28 %
7
Canadian
——————1
Decalta Gas warrants
*
73c
75c
Canadian
1.40
1.40
1.50
Devonian Petroleum
*
8.35
Drawn Steel
7.80
*■
74c
5%
6.66
3.25
2.25
....
-
18%
21%
*■
13%
11%
14%.
10%
12%
10,406
6%
G%
100
common.—
<•
i—Li_—100
31c
30n
* 81%*
81%
-
7%
85c
Jan." *
6.50 Jan
'
20 -
*
19,825
1.90
Feb
9 Vac
2.69 Mar
4,025
3.00
3.15
710
1.35
225
36c
33
82
-
101
10% Mar
4.30 Mar !
15%
Feb
250
22c
Jan
'■42c
Feb
78,270
18c
Mar
36o
Jan
40c
May
Apr
40c
V
14c
.1
30c
1.00
2.73
.————-—1
Mines
Mines
13c
12c
15c
29
31%
8,692
28%
10,125
9.25
1,865
10
10
100
30%
33
7.783
26% Mar
33
15%
15%
16
1,625
11% Feb
16
-••50
2,176
39%
11%
7%
10%
11%
3,854
Textile
class
Mudge.—
21o
&
Feb
33%
26
Jan
East
Jan
3.65
Feb
5.00
Feb
East
Corp
|5% pfd
*
—100
Canadian
Utilities
Canadian
Vickers
Canadian
Wallpaper Mfrs class
Class
A
B
Canam
Erin
1.50
24.550-
■••30
30
25
36c
41c
18.150
Canso
Natural
Canso
Oil
Captain
36C
15,950
17C
May
9c
Jan
;;
Producers
Gold
Ltd
*
:
—
1
Ltd—
Corp
*
Trethewey
Cayzor
Del
Central
*
Rio
J.
*
Explorers
Central
15% Mar
1.75
18c
Feb
60c
2,820
69c
18,900
May
85c
Feb.;..
4,637
;
1.75
46c
1.80
2.50
2.90-
60c
1.30
1.84
57c
Mar
Feb
>70c
3,103
'
-
'
9.20
7.40
100
—
6.30
40c
2.90
—1
2.40
2.40
1.30
1.25
1.43
3.05
3.10
73%
76%
"
——25
1
1
73%
48c
1.20
Mines
8%
33c
1
Copper
1
Yellowknife
Mines.
12 %c
•
Commoil
11%
Commonwealth
Pete
*
Coniagas Mines
Coniaurum
2.50
Mines
.*
Consolidated
Allenbee
Bakeries
Bellekeno
Consolidated
Beta
Consolidated
Consolidated
Consolidated
Gamma
Calliman
Central
Cordasun
Consolidated
....
*
4.00
Apr
May
59c
50
335
Apr
58
8.400
25c
Feb
40c
Feb
4.800
21c
May
40c
Mar
30c
29c
34c
50,066
28c
Apr
59c
Jan
41c
40c
45c
533,245
24 %C
Jan
82c
Jan
18c
18c
22c
57,100
16c
Jan
39c
58
58
25
58
Apr
73
Feb
40
40
15
40
May
47%
Jail
88C
72c
89c
67,425
53c
Feb
.1.03
Apr
65c
70c
4,700
54c
Feb
91c
31C
30c
34c
13,038
28c
Feb
49 %c
5,745
40
.
'
17c
2.14
Jan
12
2.75 Mar
of
5%
3%
Jan
General
Jan
Feb
..
2.80 Apr
.
21c
Jan
General
16c
Mar
General
Feb
7
Mar
49 %c
Jati
12c 12 %c
21c
1
23%
20%
23%
14%
13%
15%
1
2.85
2.85
2.99
4,100
1
49c
49c
50c
--7,969
209,700
Mar
Genex
Geo
50.548
5.50
Jan
Feb
Apr
Jan
-
Ltd
Bakeries
Gold
3.05
17,400
81
81
10
24C
20c
27c
16,140
18c
1.10
1.02
1.10
60,642
1.01
30
29%
30%
585
27
101
101
10
100
Mar
105
105
10
105
Jan
17
17%
4.475
Apr
2.50
75%
Feb
*
5%
500
62
64%
910
40%
41%
1%
—
Canada
Products
Steel
Mfg
Feb__.
class A
Mine
——
Gold
!
Mines
Eagle
—
Gold
Golden Manitou
Goldfields
."
Mines
Uranism
—
37
1,460
Mar
41 %
Jan
5.80
300
5.00 Feb
6,25 Jan
5.50
1,850
4.50 Mar
6.00 Jan
65
14.700
20c
Feb
96c
1.10
6.800
86c
Feb
1,000
15c
1.10
18c
4.75
45c
18c
4.75
43c
33%
18c
5.00
52c *
21c
21c
23c
14c
9C
7%c
9c
12,500
1.10
1.25
1.20
20c
25c-
1.07
-
-18c
-
Feb
Jan
Jan
5.85
Apr
71c
Feb
29c
Jan
15c
Jan
10%c Jan
2.10
Apr
Feb
Feb
Apr
27c
Feb
7%c "Feb
8,115
7.70O
1.24
19 Vgc Apr
lie Jan-
17.800
1
7%
40c
Mar
40c
3^00
12 % c
36
Apr
4.55
1,935
56,162
14c
Jan
6% Apr
310
1
1
Apr
,5.50 Jan
5.05
36
1
—
18%
5.50
5.50
*
>-rV-
-
Apr
33c
1
Jan
106-'- 'Apr
.
66%
36
1
30% May
105
Jan
29c
1
Mines
,
4.85 Jan
6%
*
a'Apr
53%
-
*
Prosp
j
--GO
35c i. Jan
1.30 Jan
•
Feb
*
common.
Ltd
Mines;
81;
_
Jan
1
Wares
Scientific
41%
common—1
Jan
Jan
3.10 Jan
Mar
14 %
Jan
21c
34.
Jan
101
1
Mines
Goldcrest
v
2.70
1
Goldale
Jsui
3.05
...
Jan
Apr
3.50 Jan-
56% Mar
117
Mar
*
—
Dynamics
26c
90^
11c
28
Apr
Apr
107% Feb
Apr
465
16%
5%
Mascot
17%
55,150
Jan
1.10 Jan
7.50
Mar
29%
Apr
May
,24c
51% Jan
98%
101
100
Uranium. Mines
)t.
Mar
5.90 Feb
29
1
Yellowknife
,
32c
33%
Feb
70c
29 %
—-——100
Giant
j
16c 20%c
14c
..
29
—
Giant
Mar
386
16 %C
May
1
—.—.—
Glenn
.*"25% Apr
17c
Apr
1.95 Mar
5.05
26% Jan
363
106
106
——.—100
common...
Jan
2.90 Mar
*45c
Power
Jan
.
55 %
103 104%
3.10
Feb
2.93 Jan
*
——.—
Apr
Jan
54%
86c
1,125
55 Va
17% Apr
May
23
1.46 Feb
7,722
104%
42% Jan
.
19c
Jan
-
Feb
1
23c
*
90c
7.35
Feb
Jan
17%
*
common
55c
Feb
-12%
—
Ltd
90c
•
—
——
Feb
10c-
22,230
Mines
Feb
"
18c
*
Class A
-
6,100
15
Ai
——
Jan
--"22c
-
•--1,505
class
18c
7.00
*
—1
*
—-—
Motors
Jan
40c
26,500
Petroleum
Feb
21c
24c
18c
7.30
———1
—
General
10c
12 %c
150
General
13c
•2.401
1,525,850
28%
Canada
General
14,500
23c
32c
28
Mines
II,630
18,830
17c
28
A
33%
15
,
5
13c 14 %c
25c
32c
class
Companies
4.35
Feb
Jan
6%
3,810
preferred
Geco
Mar
217
10.985
5%% preferred—
May
44c
6:%
1.70
4.95
Gatineau
Jan
"
1.80
1.47
4.85
t
3an
16c
-"
3.65
1.60
4.85
.
.——.—~
Debentures ———u~-:
Feb
Apr
Feb
10
36'%
Ltd.—
25c
Tungsten Copper——1
Gaitwin Exploration
Galkeno Mines
.Jan
45c
12c
—:
Jan
Jan
May
34c
38,896
Frobisher
8% May
Jan
47c
1.25
Mar
*
■.—
37
25c
2.80
.
Mar
25c
1
Discovery
8%
Apr
Jan
50
2.60
Fraser
35c
1
Dfagon Oil
4.10
21c
2.70
Apr
•2,100
•
Feb
Jan
Jan
33c
—1
Class B
Francoeur
14,045
•
50c
4.50 Mar
865
Ford
14c
;
1.46
5.25
Apr
2.90
1,276
Feb
23
Apr
Jan
9c
51,650
Flin
Mines
28c
•
50
^
23
Apr
Apr
53c
May
1.29
100
Jan
18c
23c
49
ll%c Apr
Feb
33%c
38
Manufacturing
Canada Corp—..
Ford Motor Co (U Sf„
41c
49c
33
*
—:
Florida
38c
,
45
*
—!
Fleet
3.65
Jan
11c
250
-■
17c
375
37
1
—
Kirkland
Federal
Feb
15c
16 %C
5.00
37
17%
Grain
Apr
78
Jan
30c
900
Cadillac
Warrants
Consolidated
2.75
24c
4.75
16%
Federal
36c
*
Oils
Denison
Jan
7Va
5,300
6%
58,634
21%
Farwest
37c
1
3.65
35%
Jan
16c
*
Mines
3.35
17
Apr
*
Oil
Consolidated
3.50
22%
4.25
Jan
75c
7,000
-
1
*
Warrants
Jan
4.25
Apr
"15
234,850
2.60
33,200
Fargo Oils
38 c
*
Corp
Consolidated
13c
2.36
37c
1
Apr
1
Mines
Development
2.85
36c
-3,700
1.59
4.00
2.45
Refineries
1.52
Feb
62
Apr
35c
2.40 May
74c
160
12
32c
1.10 Mar
4.10
1
—...—.——
60c
*
Feb
"
-6,605
9%c
11%
3.95
Feb
2.40
•
9%C
2.75
*
30c
25,300
-
33c
12c
i
13c
28c
-
1.40
1.51
1
Enterprises
2.90
7%c Jan
26c
Jan
110
8%-
35c
10
———25
Falconbridge Nickel ...
Famous Players Canadian—
Fanny Farmer Candy
Faraday Uranium Mines——
5.00 Jan
Jan
9.35
'2.27 Mar
4,750•45,125
23
8
30c
Feb
18,650
-12,340
1.20
23
*
Apr
1.25
252
48e
1.05
*
1
Gold
45c
-
•
Jan
Apr
7.00 Mar
3.35
17,213
2.80
—1
...
9%c |Feb
101.820
>
8.50
'
8.40
3,800
60c
2.66
5,355
Jan
—*
—...——
Explorers Alliance
4.00
Apr
17,000
.
32c
43c
2.75
,
Reco
Combined
3lC
1
4
*
11c
Feb
3.00 Mar
3,025
79,523
3.80
75c
Consolidated Mining Corp
Coldstream
3.65
IOV2C
1
——
Mining & Smelting
Coin- Lake
3.70
28,500
4.50
Jan
2Gc
May
3,600
1
1.35
4.35
Jan
73c
.
1
Mines—
Glacier
Excelsior
3.30 Mar
Apr
lie
—»
Jan
35c
2.90
L\
2.00 Mar
45c
10c
—
Jan
Gold
9.000
1.21
1
Oils—.
Life Insurance
"Equitable Life Insurance
Eureka
Corp
Jan
-
2.50
Mines
46c
.
'
2.72
lie
Mar
Sol
Emerald
1.75 'Jan
30
.
1
common
Empire
Jan
2,500
6.75
8.75
1.02
-25,500
3.65
6.50
'
7.70
3.65
6.70
9.20
30c
3,455
70c
7.50
'
I,305
47c"
40c
60c
7.50
El
Jan
60c
40c
Pen-Rey
Jan
Jan
20
,
Ltd
Mines
El
Jan
60c
75c
Mines
Eldrich
lie
1.20
4.35
*
Trust.
Eddy Paper class A
Elder
Apr
12% Feb
16% Apr
9V2C
18c
10
Products
Investment
32% Jan
;
60c
1
Cochenour Willans
Cochrane Dunlop common
Cockshutt Farm Equipment
Consol
8.500
1
Chrysler
Key
36c
Gold
Chromium
Conro
150
PorcupineOil
Steel
Smelting Ltd
&
12
Apr
11% May
11% Apr
-15,941
-89,145
Chimo Gold Mines
Con
15%
27%
125
4,60
Chib-Kayrand Copper
Chiboug Jaculet Mines
Chibougamau Mining & Smelting
Colomac
300
4.20
Chesterville
Cody
1,495
11%
11%
4.40
Cheskirk Mines
Cobalt
2912
1
Pat
Central
Charter
Eastern
Economic
Jan
38c
1
Athabaska
Central
Mining
68c
71c
1
l—
Quartz
Asbestos
_1
Eastern
99
17c
Jan
37c • Jan
14% Jan
.
18c
VA. Jan
r%.00
May
95C
1
Metals
Mar
30c
1
Gas
Mines
Cariboo
Casslar
Castle
1
Eastern
r
Feb
30
-1
Mar
:
:
1.35
1
—
Mines—,
Apr
110% Mar
Mar
90
15%
1
Mines
95
50
11%
"
Exploration
15
94%
27%
11%
11%
pfd—20
Copper Coy—
Candore
*
100
94
_*
Canadusa Oil & Gas
Can
100
29
Canadian Western Nat Gas 4%
14c
Mar
30
May
May
24
Apr
Apr
12% Jan
"Feb
14
"
50
;f 7% May
1.50
1
Amphi Gold
Sullivan
50c
20c
820
80-
East Malartic Mines.——.————1
800
3.20
109
27,450
14 %
Apr
Feb
Feb
8%
1.00
21c 22%c
37c
—
Copper Co Ltd
Duvex Oils & Minerals
7%
14'%=
•t>
—*
_._w——*
1
Brewery
•
Mar
"
27% Apr
.
Jan.
rX 14%:
——*
Rope
2.30
Apr
13
25
; Apr
19% Feb
1.00
—*
—
Duvan
Apr
*
common—iai
Mines :-'i—-I---————1
Donnell
Dow
Feb
T3% Feb
,
10%; Apr
23%
8c
Apr
May
10
17.175
28%
13,100
12
50
Donald
May
Jan
13'% Apr
12%
23
Woollens
Mar
32%
13
26
2,142
Canadian Tire
Mar
26
30,398
40
12c
49 %
18,760
Feb
48.600
Apr
21c
Jan
13
2.83
Apr
13%
Jan
1.15 Mar
Jan
20%
Dominion
9.00 Apr
23%
Jan
1.42
50
25
10c
Jan
16C
22%
—
3.10
9c
Jan
34
Feb
12%
com———1
Invest
Coal——
&
3.00
'
20 c
Apr
70c
4/500
119,657'
Mar
*
Stores
23%
9c
9c
12c
*
Scottish
Steel
Jan
23c
'
32%
f
Mar
60c
13%
————...—*
Ind—
•
Electrohome
Jan
10
Feb
30%
2
2,50
i
25
1
8% Apr
42c
1,600
1.04
2.43
3.80
—
12,700
1.00
3.05
Thorium Corp
1,090
49c
2.68
preferred—10
Pipe Lines and Petroleums—1
Canadian
8 Va
1
Prospect
50
17c
47c
45C
25c
———
-.
Jan
Mar
6,300
Oils———
Feb
9c
26c
9,002
Canadian
31%
22c
Anr
26,900
11c
Canadian
29%
II,950
14C
8.25
4.00
220
564,700
32c
28c
33%
3.70
40c
17c
29c
8%
1
7.55
*
33c
13c
20
Dominion Tar & Chemical common—♦
Apr
Jan
47.937
13c
Seagrams
Exploration
Donalda
Feb
Mar
54%
24c
25c
Dominion
Apr
'
31c
10 %c
Dominion
40c
28c
Apr
240
14c
Ltd—:
Mines
Dominion
Jan
1.80
Mar
'. 47%
Apr
4.25 Jan
180
32%
Salt
16c
572
25c
Mines—
Dominion
May
Mar
15c
27c
8.00
Canadian
z
32,500
Jan
240
33%
16%
\
Mar
2.75 Apr
1.35 Apr
Jan
22 %c
i
V
18c
48'%
1.09
-
27 %c
25
Canadian Pacific
Railway
Canadian Petrofina Ltd
16c
8c
'
v_15c
1
Foundry & Steel common..1*
Dominion Magnesium
*
14% May
12% May
98% Feb
.
2.55
47 %
Dominion
21% May
v
Feb
28% Mar ;t
81%" May
;
3,375 'v;
5.10 Mar
2.45
Mines.——1
Gold
Dominion
Mar
2.38 Apr
Apr
"2 7c
55
Jan
17c
1
Dome
.Feb
5% Jan
480
Jan
Feb
80c
1
Dome
3.50 Mar
50
20
-
31 %c May
15
9c
4.25
45o
Mines
Diadem
Jan
500
-100
—-.
Distillers
Jan
Jan
16
3,745
1
Palmer
Devon
20% May
2.70 Mar
7.25
Jan
6
Bclnite
Jan
-16
•
11c
5
Ltd——
Brewis
D'Eldona
10% Mar
;
Apr
12%
'
LIII1
—:-J.—
Minerals
Horn
Doer
10% May
:
Apr.;:;
Feb
8%
3,517
Apr
4.90
Warrants
Jan
Jan
1.70 Apr
»
Mar
12.100 •
'
Feb
14 %
5.20
1.35
Mines
Dccoursey
May
Apr
Mar
80c
3ll5
Daine
Mining Corp.._i
1
D'Aragon Mines _——__1
Davis Leather class A
Jan
2.48
Mai1:
"9,600
82
15
9
Jan
•
100% 100%
15
1955 warrants—
' / :
"
31/ 32%
100
—
warrants
35c
31%
19.080
■
34c
31 %c
;
May
45
8,730
12
•
14%
100*- *■-20
Mar
,v. 14,8851.75 Feb
2.38
14 Vi
V
Jan
32c
•
9c.
50
Daering Explorers
Jan
:-v.v
20%
1
Apr
1
3.25 Mar
895
Jan
78c
II,850
15,892
Jan
4.75
1
Crows Nest Pass Coal——.
Cusco
14c
50
85c
1.23
80c
•
'
2.55
Mines
Pershing
Crowpat
15
Fab
Feb
11c
—_—-—--—.
Zellerbach
Apr
15
5.25
81c
Warrants
Jan
3.25 Jan
■
373,275
-i—
Crestbrook Timber common
4.00
1.65
•
35c
;.V'
'
4.90
Zinc———
Canada
of
Warrants
27%
5.10 Jan
*
51c
91,052
28c
15
38
-
Jan
14,000
80s
"
12% Mar
>
Apr
Apr
70c
16
Mar
40c
•
Jan
6.25
25 %c
4.00
Feb
Jan
7.50
100
3.80
3.50
.
Jan
I,681
70c
15%
Feb
4.25 Feb
7.00
4.50
60c
16
1.89
18%c Mar
Jan
27-'%
28c
—
+
Apr
9.20
'
8,711
;
6.60
—-
Mining
26%
17c
2,960
■
4.50
GOc
4^—..
Croinor
is
65
G.70
:
Crown
10
212
21
37 %
——
Lead
Oil
Cree
26,975
11%
36
—
B
Coulee
Jan
;
75
2,725
45
21
11
37
2.28
77c
Exploration
Cournor
49,235
22c
11%
Jan
5%
II,772
3.25
45
*
.
preferred
1953
2.44v
6.35
3.25
1
Inca!
Canadian Oil Cos
4%. preferred
2.35
6.55
*
Malartic Gold
North
-
20c
3.05
V
_
Apr
7
1,765
2.40
*
10c
21 %c
Clark
56
70c
.
2.93
.IIIIo
Jan
80c
20%
12c 13 %c
2.95
Peroleum
Jan
1.30 Mar
99,358
10%
19
100
_
Canadian
10%
1
.
9%c Jan
Jan
3,300
30c
common
Apr
6,500
12 %e
Sudbury
20
16
1,825
1
Machine
Apr
58c
20,900
,
8.45
10%
20V2
'Canadian
Ice
90c
/30c"
24%
30
Apr
Feb
Crestauruni
13% Apr
12% Apr
27
~7
Feb
1.20
Mar
Feb
Feb
Feb
2.50
Feb
1.12 Mar
Jan
27% Jan
I,095
28%
14
—1*
1.00
65c
Mar
53c"
670
-
2.30 Jan
15e
Mar
Feb
3.00 Feb
6,681
26%
-
:
3,400
45
15,050
25%
25%
200
90c
14,790
23% Mar
3.50
24%
26
225
1.00
Jan
Apr
20c
53,400
23 % Mar
3.70
2.30
80c
1.05
17c
"
22c
Class
Mar
8.15
Apr
1.53
8.05 Apr
6.00 Feb
3.365
Jan
16c
1.33
14c
13,591
-
9c
2,000
20 %c
40c
25,032
15c
33 %c May
16c
Jan
Feb
16c
Jan
21c
16
6,023
53c
69c
Apr
1.48
Corby Distillery class A
3.C5 Mar
12%
Feb
9V2C Jan
8,744
25,166
Jan
Apr
1.10 May
16 %c
5,600
Feb
3.75
%
Coppercrest Mines
Copper-Man Mines
Copper Rand Chiboug
Jan
37 % Mar
May
4.30
*
1.38
Feb
11c
1.00
Publishing
—
Copper Corp Ltd—~—
39%
94
17,905
2.30
Mines.
28c
81c
90c
.2.50
35c
•
3.00 Mar
75c
class A
Gold
Feb
10 %c
'u'u'-v
Quebec
Apr
70c
Ltd.
Conwest
2.85 Mar
Feb
11
2,445
Hydrocarbon
16c
Copp
4.50 Jan
5.00 Jan
675
,
%c'
46c
16c
50c
Jan
36% Apr
35% Jan
90% May
10
2.20
7.50
Jan
1.75 Jan
39,000
Canadian
Jan
3.20
1,200
37%
36%
90 %
36%
2.65
36%
25%
Warrants
1
Jan
6
Canadian
lie
Mine——
Oils
24% Mar
7%
Canadian
1
Pershcourt
55
4.30
*
lie
Peak
47% Mar
140
200
2.48
•••%:
172,066
23
50
23%
—*
Oil
26c 33%c
30c
_■»
Mines
West
5%
Husky
Jan
Consohdated
10,400
,
58c
Consolidated
1.90
Canadian
Feb
Consumers Gas of Toronto
Apr
B
42c
till
Consolidated
Apr
,
10,350
—.1
Apr
23%
4.70
*
class
May
Feb
2.25
Oils.
80c
Apr
5%
Securities
28%
50c
42
2.44
Homestead
Feb
Jan
45c
2
175
5.60
;
25
22c
111
Mar
4.60
common
5.35
11,655
453,850
Jan
35
1.42
■
Feb
26
80c
100% Jan
*
Canadian Export Gas Ltd
Canadian Food Products
Preferred
5.25
66c
149
2.46 Mar
pfd_—
Dredge & Dock—
Canadian Dyno Mines
4.85
25%
79c
Consolidated Sannorm Mines
Mar
50,400
—
4.95
25 3,4
Smelting—
Explor___. „_1
10
16
92,750
Resources Ltd
Mac
60
3
Collieries
'/ 'Preferred
,424.410
1,030
49
23%
—25
Pete
Canadian
1.10
40
13% Feh
3.85
—
50c
Mines—-.
Consolidated
Feb
4.00
common...
\
93c
104
50
26
10c
Canadian
Canadian Gen
8
Jan
4.95
Chemical & Cellulose
1
18%c
Consolidated Red Poplar Min
Feb
3.30
.
I.685
Consolidated Regcourt Mines
Apr
29
3.90
Oils
3.50
166
—.—*
Canadian
Canadian
30%
3.75
A
3.25
Mines
JB
-May
3.25
Nicholson
Class
35c
1
Northland
v
Jan
3.000
114.580
101
38%
25
class
Morrison
Consolidated Press
18c
25c
Consolidated
!
15,700
IOV2C. Jan
1.15
166
40
104
*
Canadian
I Canadian
Feb
3.95
common
Mic
Negus
35c
J.
Mar
23c
Consolidated
31% Apr
68% May
13 % Jan
24% Mar
26% Jan
6
26c
Jan
50o
.
96c
Consolidated
Jan
*
class B
•i
"•
9.15
Feb
Jan
1.70
25c
Basin,.—
Tungsten
Mining..
12.50
Empire
Celanesp
%
8
1
.'
$1% preferred
10%
15%
10
—
Canners
Mar
23
8c
Consolidated
Feb
62
10%
—100
pfd
Preferred
Canadian
24
1,846
28%
warrants
Cable
British
2,445
1,000
50c
Jan
97c
Mines
Oils Ltd__.
Mining &
Consolidated
Apr
May
35s
—~
Consolidated Mosher
Jan
11%
31
*
A———
Oil
Canadian
15%
69%.
1
Rights !—.i———
Canadian
29%
67%
.—20
Minerals
1
Admiral Oils
*
Atlantic Oil ———_—2
Bank of Commerce
20
Canadian
Feb
10% Mar
Marbenor
Consolidated
May
1.55
Astoria
Canadian
13%
82c
10c
Feb
1.20
1
Consolidated
3.00 May
——————*
Ltd preferred——100
Steamship
Canadian
2,230
Jan
300
36c
Minos„— II II
Consolidated
Feb
———i.
Southern
&
10
11%
11 %e
29c
1.50
<1
Gold
Howey
Consolidated
36
Apr
15%c Jan
Jan
Feb
——v---.*——-
Canada Wire
14'2
11%
6%c Apr
29% Jan
Feb
Southern Petroleum
Canadian
7,600
1.65
——
Canada
1
7c
10c
Feb
1.25
.————*
Canada
Canada
13c
2.50 May
21c
Apr
13,400
—
Safeway
Jan
10,533
10 Vac IOV2C
7
—~1
Lake„-„:—
Guayana
Consolidated
High
1.56
16C
Consolidated Golden Arrow
Consolidated
Low
3,350
1.50
——
Consolidated Halliwell
Mar
Range Since Jan. I
High
47C
warrants—
B
Consolidated' Gillies
Apr
12c
Class
■.
Crest
Low
Shares
45c
Iron Mines—
Consoi Fenimore
Jan
12%
59,900
Explorations——1
B
67c
173,500
,14 Va
18c
Feb
1.35
,
Lands—---
Packers class
Class
%C Mar
8
8%c Mar
3.00
—-—
Warrants
Canada
18c
9
tic
*
common
—
Oil
Canada
125,075
———10
_
'
.
2.50
15c
*
.
Preferred
Canada Met
Warrants
I
% \L.
12.000
26,000
1.30
common
Canada Life Assurance
'
1,475
10c
2.30
*
Canada Iron Foundries
Canada
Jan
1.30
Crushed Cut Stone
Canada Foils common
fe
15c
East
Consolidated
Jan
% Jan
2.95
Cement common—,—,
Preferred
vyti:
Mar
8
.—*
Canada
!
8c
1.07
;—l—25c
—
——
Calgary <fe Edmonton—
Calgary Power common.——,
Campbell Chibougamau
«4 % Vo
14.000
11%
—
Canada
9c
14 %
r~
Petroleum
Canada
Jan
Apr
6% Mar
75c
1
—
Calalta
19c
12c
7c
11
Lake
Cabanga
Jan
80c
34 "ft
,*«■•
Burlington
Burns
8c
2.00
—
Burchell
18,000
11 Va
17c
Red Lake——
Products
Bunker Hill Ext——~
Vac
9c
2.45
Gold
Building
200
10
9c
rr
Buffalo
7,650
for Week
of Prices
V
Par
High
7 "a
IOV2C
10%
—
—
Canadian
Low
Sales
Range
Last
Sale Price
87c
8V2C
10 %C
&
High
10c 11
r
—
Brunswick
Buffadison Gold
Buftalo
10 %c
—
Week's
Friday
STOCKS
85c
.
3
Range Since Jan. 1
7%
Mines
Brunston
Low
X
—
—
Mines
Brunsman
A-
Shares
MAY
WEEK ENDED
for Week
of Prices
FOR
Sales
Range
Last
Sale Price
v,
/
Jap
32%OMa>
<
Number 5635
Volume 185
.The Commercial and Financial Chronicle
..
(2135)
-
43
CANADIAN MARKETS
RANGE
Friday
Sale Price
1
—
16c
180
70
45
75
15c
1,300
3.80
22%
Apr
Matachewan
9
ADr
Maxwell
2,195
3.40
Feb
4.85
Apr
Feb'
43% Mar
4
A
6%
6%
5.00
300
47c
55c
138,931
11%
12
25
25
6%
*16 %c
7 00
16c :16%c
Products
Gwillim
Lake Gold
12C
11%C
12c
Apr
20%
13%
13
13%
1
Preferred
McColl
iuL;
Hard
12
12
12
-
11c.
.
:
.....
lie
12c
24,250
23
23%
2,105
3.00
600
% Apr
25
Minerals
Harrison
May
Consolidated
Gold
Heath
Hendershot
Paper
Frontenac
McKenzie
Red
Highland
I
Tower
Medallion
12
-
22% A pi-
May
9C
Jan
V,
Apr
22
Mar
14
Jan
v
15c
Mar
26% Jan
Meta
293,198
3.00
3.00 Jan
18c
Feb
IOC
Jan
May
32c
Mar
62c
Apr
15c
Jan
27c
Apr
111 %c
11c 11%C
77c
V
77c
85c
V"' 15c
15c
2,850
17C
9%c
16,100
75c
Feb
12c
1.07
Apr
6%
Jan
14c
Jan
-40,200
-
•
Jan
18c
Jan
Apr
6%
8C
7%c
8c
13,200 -
7c
Jan
12 %c!
Jan
31c
•
30c
32c
33,280 i
25c
Feb
39c
Mar
6%
i':'
1.2o
1.18
1.38
28c
26c
29c
4 !
43 %
43%
10%
500
11
6
17.500
v.:
85c
/17,600
Apr
50
39%
Feb
1,025
8%
Jan
Jan
'1.38! Ma y
Feb
26C
—
__
_
_
_
Mexican
Erie
&
'
Milliken
Milton
Apr
97
May
23c
23C
24c
3,200
21c
Jan
29c
Apr
13C 14 %c
15,260
10c
Feb
20c
Jan
45c
43c 49 %C
37,400
30c
Feb
53c
4.90
4,65
5.00
53,813
3.15
Feb
39c
38c
40c
26c
Jan
45c
<1.70
1.70
1.79
22,700
7,150
Feb
2.08
Jan
14%
2,944
15%
Jan
48
Jan
Class
1.451.58
3.70
3.65
3.85
1.90
2.20
2,900
27C
32c
24,308
4.15 :
:
2.50
_
Ltd
Inspiration
37C
17c
16c
18c
<12
12
1,65
25
1.48
1.70
25
24
24
4.50
8 '
;
'Jan
89c
Mar
12
Mar
16%
40%
2.05
Feb
1.25
Jan
22%
Jail'
25%
Apr
Jan
24' '
May
4.50
16,600
;
...
22
•
100
-.
1.00
16%
100
Jan
Feb
66c
<
-1,240
15
400
4.50
JaiV
Jan
1.09
39% May
Apr
Mar
17
Jan
40% May
64% May
8
64
62%
64%
1,770
1
90c
90c
92c
-3,500
74c
Mar
20%
19
20%
12,573
10%
Jan
21%
Apr
35
35
35%
810
41
Jan
Creek
1
58C
57c
G0C
6,700
51c
Feb
84c
Jan
6.30
6.20
6.60
4.65
Feb
7.00
Jan
common—5
10%
10%
11
9,115
935
9%
Feb
11
Jan
74
70%
74
6,694
70%
86%i
Apr
5
10
10
10
30
Apr
10%
28c
30c
3.600
28c
46c
Jan
39c
43c
26
26
?:'V
2.02
2.20
76,512
33%
33
34
254
48%
49%
809
12%
49
15c
28%
12%
350
Gas
4.95
19%
8%
32% Mar
,
Apr
2.02
2.20 Apr
Apr
32
35
Jan
Feb
12% May
Feb
9
Jan
65
46% Mar
4,750
15
15%
I,825
5.00
800
65c
39
38%
common
•
106%
Co
Ltd
55%
33c
76c
-
13,833
40
330
108
8,426
55%
56%
3,515
30c
33c
15,500
68
53% May
Mar
11c
23
24c
Apr
•
29%
Mar
88
Feb
Feb
Credits
com
9%
"
Apr
19 %
Jan
5.75
Apr
61c
Feb
90c
Feb
37
Nama
National Drug & Chemical
Preferred
National
Explorations Ltd
National Grocery pfd
National Hosiery Mills class B
National Steel
94% Feb
Jan
28c
5,900
1.11
42,175
1.10
38c
1.30
Jan
.
Kirkland
Kirkland
Ltd
Cinch
Lingman
III
30c
12%C
17c
43 %c
.__1
50c
12%c
5,930
Mines
1
10c
Merger—
1
1
1
Newnorth
Gold
Apr
Rouyn
20c
10%c
Jan
28c
Mar
54c
19,650
40c
Mar
73c
Jan
18c
26,700
15c
Feb
25c
Jan
Nisto
83c
95c
33,838
62c
Mines
Feb
1.05
Jan
Nor Acme Gold
Feb
2.60
Apr
9,200
8
8%
9%c 10 %c
45,500
9%c May
14%
15%
5,658
14% May
2.20
2.20
2.35
80c
85c
2,100
61c
Jan
98c
Jan
16c
15c
17c
224,300
15c
Feb
26c
Jan
1.25
1.13
1.27
18,025
95c
Apr
North Canadian
17c
18c
6,000
70c
14,350
Norpax Oil
Jan
Jan
Apr
5.00
Jan
2.85
2.82
2.90
7,800
3.35
Jan
10c
10c 10 %c
24,400
10c
Jan
15c
Jan
32c
30c 32 %c
13,700
24c
Mar
45c
51
52%
1,412
59c
20,875
800
18
Apr
19%
Jan
21
3,980
18
Feb
21%
Jan
1.36
1.32
1.42
9,850
BOc
1.60
1.42
1.G9
21,660
11c
lie
12c
6,350
10c
Mar
16c
Jan
29c
36c
49,100
14c
Jan
39c
Apr
5.50
4.70
Class A
Feb
Northwestern
Mines
Laurentide Acceptance
•
2.55
2.50
2.70
1.200
2.10 Feb
2.55
Jan
Norvalie
*
11%
10%
11%
500
9
Jan
11%
90c
II,350
73c
Mar
92c
Apr
Util
pfd
Mines
Ltd
Mines
Nudulama
14c
13,005
10c
Feb
17c
Apr
34c
32c
42c
7,552,245
12c
Feb
42c
2.45
2.41
2.51
18.670
2.20
Jan
2.85
Apr
Apr
O'Brien
8
*
2.59
2.20
2.60
10,550
1.85
Jan
3.10
Cos
Class
43
43
43 %
265
41
19%
19%
364
16
16
B
•
8
Explorations
class
A
Uranium
Louvicourt
10c
5%
*
19%
20
2,160
8c
lie
Cl,50O
5%
Mines
14c
14c
15c
14,232
1.38
1.37
1.48
49,100
1.06
.
1.06
1.14
8,860
15c
6,500
"40c
40c
40C
11,100
9c
8c
9%C
5.800
;
Goldfield
15c
1
1
Lyndhurst Mining Co
Yellowknife Gold Mines.
•
Lynx
13c
Jan
Oka Rare
Feb
Okalta
Apr
O'Leary
Apr
Ontario
21
Feb
Jan
Apr
20c
Jan
Class
23c
-
Jan
Jan
Jan
Grenada
5,000
48c
Cockshutt Gold
B
&
Feb
2.10 May
Osisko Lake
Bloedel
2.10
21,313
52c
60c
10,175
13 %c
13c
17c
106,450
Jan
1.01
1.10
8,691
1.01 May
1.21
Jan
Pacific
1.01
31
31
27
28
Mar
32%
Jan
Mar
35
Jan
30
29%
31%
3.383
28
1.60
1.55
1.62
8,910
1.20
1.00
1.20
5,300
1.55 Apr
91c
Mar
8c
9c
12,800
7%c Jan
7c
7%c
6%c
1.46
1.50
15,200
3,450
83,400
13c
*
_
Red Lake Gold
1
Mines
Mages Sporting Goods
100
'
Magnet Consolidated
Majortrans
1
Mines
•
_
Goldfieids
Uranium
_
7%c
1
•
Ltd
Maple Leaf Gardens
Maple Leaf Milling-common
_.
•
28c
22
26c
34c
1.30
22
22
25
22
7%
7%
150
7
-
•
8%c Jan
Apr
Jan
18c
2.05
25,059
17,580
5.80 Mar
13%
13%
2,545
11% Mar
5.00
1,280
37%
38
740
4.00
4.25
500
Jan
1.20 May
lie
1.79
34c
Apr
Apr
22%
5.35
4.40
37%
Jan
Feb
Parker
Pater
Jan
8%' Jan
Peace
Apr
3.20
Feb
1.35
Feb
6.80 Mar
Jan
6
Feb
40
Jan
4.40
Apr
2.10
Jan
1.60
1.58
1.66
9,440
4.30
3.95
4.30
4,810
3.95 May
80
80
81
143
79% Mar
30c
25c
30c
8,500
17 %c
Feb
30c
Jan
44c
Feb
Jan
11c
Mar
32c
33c
I,750
30c
8c
8,000
7c
80c
24,875
50c
4.30 May
83
Jan
May
62c
Feb
80c
May
lie
15c
19,000
10c
Mar
23c
Jan
15c
16c
78,100
14c
Mar
20c
30c
29c
32c
20,250
29c
Apr
80c
Jan
2.62
2.60
2.70
14,258
Jan
2.85
Jan
36C
33c
39c
80,100
2.20
2.15
2.25
18,760
95c
7,340
9%
9%
9%
,555
9
9
175
25%
25%
25%
50
10
1.90
50c
25
25
8
25%
12%
22
150
14
Jan
Apr
Feb
8% Mar
8,180
9.35
2.50
Mar
Apr
47c
2.40
95c
Jan
Jan
Jan
May
9%
Jan
9%
Jan
28
Jan
Feb
25%
Apr
Feb
15
Apr
Jan
3.15
Jan
2.75
400
3~1 c
28c
33c
82,500
18c
55c
43c
60c
70,470
26c
Jan
60c
31c
30c
31c
3,000
27c
Mar
37c
Jan
14c
10c
16c
168,275
9c
Feb
16c
May
24%
23%
130
—
Mines.
19,987
130
7,505
45C
50c
3,380
42c
.10C
38c
38C
44c
67,940
9%c
9c
9%C
13,000
7%c
7c
8c
„1
1.16
5
Mines
Nat
Ltd
1
60c
83c
5
55c
100
Apr
Jan
46c
Mar
8%C
Apr
13c
Jan
7c
Mar
10c
Jan
408,733
54c
Jan
5
II,700
.
-4,450
Jan
55c
_
Apr
18c
38.483
20c 26 %c
-12 ,12%
Apr
May
21c
60c
24C
26
130
57c
1,130
12%
May
Feb
5
1
Jan
37 %c Mar
13,400
1.28
1
Gas
Feb
16% Feb
24%
122
48c
-1
Consol
River
28c
■
Drilling
Uranium
2.34
.1
Amalgamated
Paymaster
Feb
9.00 Mar
13%
12c
1
Paramaque Mines
Parbec Mines
ADr
•
.1
Petroleum
Hersey Tubes
Pamour
Porcupine
Pan
Western
Oils
Pardee
Feb
Apr
—1
Jan
ll%c Jan
Jan
.
8.35
6.30
13
Feb
Mar
80c
Page
*
A
7.90
5.95
1.63
2.75
Pacific Eastern
1
Mines—
class
84c
Feb
,_1
Mines—
2.01
60c
65c
3.50
Mar
99c
13%
Minerals
2.05
Feb
5.90 Feb
4.80 Apr
2.45 Jan
-1
Gold
1
Explorations
Macmlllan
1.72
600
82,557
Opemiska Copper
Orange Crush.
11c
1
45c
14,665
3.40
Products common.
1
Mines
5.50
—20
Debenture
&
Loan
80c
Ormsby
Macdonald Mines
Jan
5.30
3.15
Jan
III
preferred
B
Ontario Steel
Feb
85c
65c
^-10
1.49 Mar
Jan
Apr
7%c
Preferred
Ontario
14c
45c
Warrants
6%
1.70 Mar
40c
5,637
1.63
Malartic
Jockey Club common—
Apr
7%c Apr
47c
•
_
Oils
Feb
80c
45c
45c
Jan
1
Gold—
Metals Mining
13 %c
Apr
1.10
Mar
7%c
Mines
Feb
43%
Mar
8c
Gold
Ogama Rockland
Oil Selections
20
Mar
Mar
5% Jan
5%
•
I
Long Island Petroleums
Warrants
19%
_1
30
Feb
27
50
preferred
Hosiery
1,300
28 %
A
Class
28%
28%
65c
60c
Obaska Lake Mines—
1
30
Feb
1.59
1.09 Feb
85c
1
Mines
class A pfd
32c
6.95
Feb
_90c
Mines
Gold
Groc
1,875
8c
4.25
15c
Gold
Lexindin
Long Lac Gold
45c
12c
-
Mar
Lencourt
12c
74,500
1,000
1.46
*
-20
100
1
*
Northern Telephone
Apr
13c
1.32
50
Northern Canada Mines
Jan
4.55
Petroleum
1.22
4.00
5.75
85c
Jan
6,065
79,137
-
62c
*
,
19c
85c
Apr
4.95
8.10
North Star Oil common
3.00 Feb
1
34c
13 %c
32c
8 %c
Jan
100
Jan
Jan
Feb
25c
6.10
8,462
Mar
May
1.51
warrants
5,300
3.75
59c
20c
18c
15c
Feb
5.30
1956 warrants
Jan
1.85
15c
4.50
V
Preferred
32c
1.60
<
Feb
57%
4.85
19
20
Jan
Feb
45c
Uranium
18%
Nortlispan
Jan
Jan
47
1.29
Rankin
18%
20%
1.05
Feb
2.55
__1
4.20
A
3.35
4.55
Oils Ltd
5.50
class
5,450
Warrants
Northland
4.20
Gold
4.00
Oils common—
16 %c
Gold
3.70
Corp
8
Lamaque
3.80
Norsyncomaque Mining
Oils Ltd
1
;
Apr
& Mines Ltd
.1
Mines
2.55
3.30
Normetal Mining
1
Mining
Feb
8%c
Mines
Shore
Wasa
Apr
1.85
26c
Jan
1.25
Feb
12c
3,807
Norlartic Mines
Jan
20c
May
46,205
Mines
Norgold
Feb
2.80
Jan
67c
5c
8c
2.20
Corp
Jan
17%
13 %c Mar
Jan
20c
5c
Northcal
17c
Feb
12c
Jan
2.08
51%
2.30
68c
20c
Apr
lie
2.15
Noranda Mines
1.34
Jan
8c
9,100
1
Nipissing Mines
16c
Feb
-
50c
18C
51c
4,225
15c
10c
90,860
13c
8%c 11 %c
13c
Jan
1
1
20c
Feb
,
Jan
.1.34 Jan
1
Ltd
Mines
Rim
54c
2.00
Mar
13c
;
Exploration
59,700
9%
32c
1
Minda-Scotia
Mylamaque
Superior Oils
18c
Apr
Jan
52c
Senator Rouyn
Apr
Jan
35c
48c
Jan
19c
19,500
<■
Mar
Feb
New
8
32c
25c
22c
Mar
1
Gold Mines
Mines-
Osu
16 %c Feb
14,500
-
80c
1
;
;
61,100
30c
37c
1
Mines
34c
28c
30,100
*
Mines
30c
29C
Jan
103,700
New
North
Lake Dufault
34c
*
—
24c
1.20
*
Ltd-
Mining & Exploration
12 % c May
1.10
New
20c
(John)
Labrador
19,500
/46c
1
Townsite
Oils
14c
50c
1
1
.
12 %C
Jan
2.20 May
Jail
1.35
1.18
1
Bay
13c
—-
Jan
85c
Minerals
1
.
Jan
Jan
—
Hudson
48,476
51c
Jan
1
Warrants
Kirkland',
38,800
Jan
47c
15
16c
2.20
30c
96c
X
14c
2.00
156,875
62c
150
24c
May
15c
2.20
47c
Feb
10c
1.50
39c
Apr
8%
-14c
1
III
19c
1
1.22 May
25c
62c
•
Jan
1.26 May
24c
19 %c
2.17
Apr
42c
Jan
50,400
1.68
29c
Feb
38,800
80c
Feb
12c
73c
19,750
19c
14c
40c
Mines
Copper
5,210
v,
Mar
II,500
New
Nordon
Kilembe
158,465
1.31
Apr
69c
91,520
30c
2.23
Gold
1.22
1.26
Jan
Jan
18c
68c
Canada
Kerr-Addison
1.08
1.30
»
21c 24 %c
1
15c
i
1.17~
Jan
2.60
1.85 Mar
22,400
...
56c
May
15c
1
Ltd
6,600
,__1
39c
:•
>
30c
2.40
Feb
•■12c 12 %c
1
Mines
9,425
Apr
1.78
24c
Manitoba Gold
Nickel
Jan
5,476
22c
—
23c
08c
90c
2,065
1
Mines
1
Ltd
Jan
53c
60c
2.05
1
1
1
*—
11 %c
54c
Newlund Mines—i
New
Mar
18,800
—
Apr
Jan
54c
8c
65c
Mines
Apr
1.55 Mar
Feb
19%c Jan
3,900
i
61c
Gold-.
New
Mar
65c
Mines
5.20 Apr
Jan
67c
2.40
Mines
Kelore
Feb
23c
Feb
2.20
Explorations
Jason
47
90c
Feb
2.40
1
Feb
Jan
13c
.50c
■—
—
Jan
46c
45c
34c
50o
Jan
28c / Feb
Jan
54c
59c
Canada
Apr
28%
14,045
1.95
2.05
5.00
•"
15,500
15,000
-
30c
Mines
Hosco
1.40
97c
Delhi
Dickenson Mines
New
>;
1.04
9C
—1
New
New
New
Feb
8
8%C.
14c
Jan
5.05 Mar
Jan
Mar
21 %c Apr
:
Jan
27%
Apr
3.35
30c
Petroleum
New
2.60
25c
of
Apr
1.55
Jan
14,210
4,700
1.25
Petroleum
Oil
Apr
1.05
Jan
25c
Davies
50c
—1
4.00
Feb
63c
Apr
—1
—
Highridge Mining
Apr
1.40
New
17c
45c
2,000
12
Feb
25
525
1.16 Mar
Jan
26
20,200
-
67c
15c
48c
Harricana
59%
,
Chamberlain
Continental
65c:
17c
.40c
Mines—
New
k 2.20
4.95;
Calumet
New
Feb
4.40
New
New
17c:
24c
66c
—1
Dominion Oil
Jan
1.01
4.50
British
Jan
8,200
8,864
Bristol Oils__
New
—-—
Apr
30c
•
New
Mines
57%
Apr
1.45
Bidlamaque Gold
41c
Apr
57%
Athona
New
Apr
12
14c
24c
__1
New
60
I,000
....
Jan,
39c
.260
26%---
__1
_
New
...
III
Uranium—
26c
29c
1.23
Labine
Alger Mines
49%
19,400
_
4.20
4,00
26%
15c
42% Jan
120
56%
Car
Goldvue
215
4.00
...
4.15i
4.10
4.10
26%
25c
—
New
Apr
26
.20
Mines
Nello
Gas
360
1.25
Mines
of
40c'
,
Mines—
Nealon
New
30c
56%
(1939)
Gold
Mines
New Fortune
1.50
1
*
—
Kenville
5
_
Corp common
.42% Apr
12 %
-9
1
_
Mines
Kelvinator
Trust
111.
1.50
1
Co
Apr
3.30 Mar
14%
14
12%
*
-
Jan
19% May
Jan
6%
Apr
Feb
6%
Feb
16
Jan
50%
Jan
4.00
Apr
94
Feb
47%
Feb
30c
Minerals
Mining
Jupiter Oils
1,260
4.95
70c
Mining Corp
Jowsey.
9%
107
Mining
Gold
7,120
19%
8%
*
Interprovinclal Pipe Line
Irish Copper Mines Ltd
Iron
Bay Mines—
Isotope Products Ltd
Joliet-Quebec
18%
class A__
1
Bldg
Exploration
5.00
4.95
Mining
Nickel
4.85
15%
20
warrants
Jonsmith
1,642
45
r
Mines
35,608
100
1
common
Class B warrants-*
Jeanette
29
89%
;_10
preferred
—
Waite
15c
28
49%
8
Class A
12c
165
89%
•
Co._
Co
Interprovinclal
55
49%
1
Maneast
21c
;
Multi-Minerals Ltd
International Ranwick
Malartic
Jan
Apr
29%! May
International Petroleum
Class
90c
39%
8
■
21% Apr
50
&
International
Madsen
__,
16%
V
I
_
Works
45c
11
25
4.50
Apr
15c
180
24
12.
Jan
3.25
21%
23c
18,840
.21,298
Apr
'
Apr
17,300
24
i;
;
4.45
•
Apr
2.40
.955
33c
Jan
15%
■i
.1,200
.
Apr
Apr
40c
Feb
100
International Metal Ind
Macleod
17% :
1.61
Apr
2.25
Feb
Feb
23%
common-8
Preferred
-Warrants
Macfie
■;
2.50
2.50
17%
; 3.95
Feb
1.20
26c
11%
1
Corp
Accept
Natural
Macassa
3.95
17%
33c
8
;___
Apr
1.70 Mar
Jan
2.95
13,189
1
8
__
1.45
1.23
35,280
6,534
10
Gold___
Cement
Lorado
3.60
176,230
8
National Petroleum
1
(John)
London
29c
.
1
A
Apr
Jan
16,211
8
1
<___
13%
66c
1.36
1.42
Jan
12,884
20
—
preferred
Lomega
12
1.55
,
24%c Jan
Feb
17c
21
4
$4% .preferred
Loblaw
100
Jan
Apr
Mar
29 %
~4
...
Lake
Loblaw
12
2.20
common.
Montreal Locomotive
Nesbitt
Little
18,200
46%
1.42
8 >
1 •»;
Moneta Porcupine
New
Liberal
19c
12
8
*
,__
Knitting
Feb
57% Jan
Leitch
Apr
5.05
Feb
13
1
*
J
class
Jan
12%
Luz
14%
47%
17 %C
pfd___a_13.50
—
12
50% Mar
La
14
17%c
8
B
1.50
47%
1
Uranium
44
4
11
Lake
.
_
Brewery
Monarch
9,079
Lake
;
8
Jan
2,662
Industrial
,t
82
:
37c
55%
Lake
Jan
71% Mar
Mogul Mining Corp
12%
Lake
58%
50
,__
Lake
Molsons
12%
Lake
2,110
2,742
13c
pfd
Modern Containers class A
54%
Labatt
Jan
89c
97
Gas
MJn Ore Mines
53%
Kroy
Mar
80%
Brick
55
Joburke
Jan
Feb
52c
1.25
Mining Corp
Mining Endeavour Co
12 %
Jellico
45,906
8
Warrants
55 %
.
58c
8
78
Mill City Petroleums
8
J aye
54c
60c
Feb
6%
19%
mil
Mtge
Oil
Jacobus
640
Feb
Apr
41c
2,000
55c
1
Power
Mining
Imperial Tobacco of Canada ordinary_5
Imperial
Jack
55C
6%
91
Mines
Light
Midcon Oil &
Midrim
8
—10
„
46c
6%
28%
_
_
Smelting-
Mining &
Porcupine
Invest class A
Imperial Life Assurance
.
55c
Jan
86%
20%
_
common—
Imperial
,
Feb
Montreal
4
Paper
Imperial Bank
Inland
82
Feb
2.13
&
Inland
76
Mar
1
5%%
Uranium
Moore
__
Hugh-Pam
Inglis
83
7
29 %
Bay
5%%
82
Jan
15 %c
4
Smith
Indian
Feb
Feb
11c
*
Mining
Huron
6
6%
Mentor
Paper
97,963
—
Class B
Hudson
8,725
80
Petroleum
Co Ltd—
Oil
Iloyle
18.200
7
83
1
Petroleums
Mersey
•*11,684
4
.
Class A
Howard
18C
1
—_—
32,689
14c
*'
V
2.08
Feb
1.33
1.75
12c
6%
97
Lake
Merrill
27c
Gold
Consol
Hollinger
Home
12c
20c
Drilling
1.58
6%
1.74
13 %c
•
8
*
McWatters Gold Mines
Feb
42c
4
Highwood Sarcee Oils
Hinde &
Dauch
Canada
Hi
15c
I_I_I
—-—
Oils Ltd™—
Bell
:——'
High Crest
Jan
20c
L8
common
Lake
Red
McMarmac
19c
20c
4
common
Mines™
Gold
Heva
36 %c
8
Mclntyre Porcupine
21% Mar
36c
1
Mines
7,500
1
Feb
24c
1
__:
30c
8
Feb
38c
____1
Lake_
Red
Jan
23 %c
Jan
1
—i—
Apr
15c
Exploration & Development_50c
Merrill Island Mining
1
1
,
Hasaga Gold MinesHead of Lakes iron
Headway
-I:,;
1
Mines
62c
Apr
Feb
49c
Mar
10%
20
3.00
23%
1
Gold
Rock
Jan
9%c
100
Ltd
10c
13,545
:
''
4
Mines
19c
13,000
1
_1
.
Mines
Midwest Industries Gas
Hallnor
67,010
10c
Massey-Harris-FerguSon Ltd oom__—8
18
15,405
w
12
Jan-
16c
2,500
19%
1
—
Gypsum Lime & Alab—
21
14,600
20%
30
preferred—:
Gurney
5.50 Jan
67c
9.60 Mar
52
•
1
-
8% Jan
7
Feb
36C
1
;Qj-rfn
Apr
4.75 Mar
48c
9%c
"
—
1
Warrants
: ?
Jan
1.85
Apr
High
41c
10c
*
__
__—
94c
230
6%-
48C ;
—~
Mines!
38
*
5.00
'''
II_9C
Ltd-
8
Apr
1
Range Since Jan. 1
Low
High
43c
8
Maybrun Mines
475
—
Mines
Gunnar
23
Jan
19,130
4
Trust
Lead
Gulf
Apr
5%
1.01
Freehold
Mines
Gulch
22%
825
42%
Uranium
Greyhawk
Guaranty
10
%
42
"
—
4
Gridoil
22%
94c
42%
Wire
Greening
23
4.50
class
Coal
West
Great
Apr
4.00
1
Martin-McNeely
22%
8
—1
Jan
455
22%
Grass Oils
Jan
5.60
Marigold
43% Mar
8%
Develop—
Plains
27 %C
Apr
Ltd
Mines
Feb
4.40
Great Sweet
:May
Oils Ltd
Maritime Mining Corp
3.55
?2%
Warrants
Great
15c
common-——__1
Gas
19c
Jan
Shares
Low
1
Jan
Marcon
Sales
for Week
1
Mines
Maralgo
Apr
47% Mar
38
25
Northern
180
Apr
15c
1,291
Week's
Last
Par
44%
2,500
43%
15c
Range
of Prices
Friday
Sale Price
High
Jan ■»
142
7,500
3.60
....V 42
IIIi
Paper
Preferred
Great
16c
3.70
43%
—
4
Lakes
Great
—
Mines
Granduc
S
MAY
STOCKS
Low
22%
Mines
Grandines
ENDED
Range Since Jan. 1
High
15c
__
•
WEEK
,r
45
—50 '
—-
Bousquet. Gold
Graham
Shares
180
180
common—8
(Canada)
Tire
preferred
4%
of Prices
FOR
Sales
for Week
Low
Par
Goodyear
Week's
Range
Last
STOCKS
Feb
9
Feb
1.28 May
6
Jan
95c
Jan
26 %c May
13%
Apr
44
(2136)
The Commercial and Financial Chronicle.
„
Monday, May 6, 1957
>.
CANADIAN.MARKETS
RANGE
Week's
Range
Last
Sale Price
Par
Pipeline
Pembina
Preierred
Penmans
Permo
Petrol Oil
50
Oil
23%
Apr
38,720
2.30
Jan
59c
1.70
1.80
3,500
98c
1.04
40,550
1.50
1.65
1.75
35,286
1.40
Jan
1.83
1.21
1.30
9.395
1.15
Feb
1.37
1.44
1,200
9c
13c
43,000
12
12%
2,890
'
9%c
56c
73
71%
73
1,450
5.50
5.50
7%c
12c
Jan
Mar
1.26
7c
5%
class
Finance
preferred
Empire Oils
Trans
Mountain Oil Pipe
Jan
Transcontinental
15c
Jan
Trans
Jan
Triad
55c
Mar
Quebec
7c
Rainville
Rapid
Grip
Feb
1.31
1.67
3.65
172,475
12c
16c
19,400
1.20
23,400
3.15
Apr
1.70 Mar
11c
*
Jan
1.29
1.25
1.31
1
83c
80c
85c
4,775
80c
May
15 %c
15c 16 %c
36,600
11c
Jan
8.75
17,160
9 10
6,586
1.25
Feb
8.00 Feb
50c
49c
52C
3,500
2.12
2.25
15,675
21c
21c
3,650
13 %
13
13%
9,975
1.18
1.10
1.25
14,100
95c
Feb
95c
95c
1.02
7,800
70c
Renabie
49c
May
1.79
17,100
1.65
24,920
1
13 %c
13c 16%c
150,200
1
1.99
—
1
Class
class
Silk
B
Roche
Uranium
_*
Feb
■
;
:i
Oils
of
Mining
United
Class
1
class
5%
Corp
18c
Class
Jan
B
A
2.34
Oils
-15,900
10
100
105
Jan
10%
Jan
May
13c
1.05
Apr
Feb
1.90
Apr
1.81
Apr
Jan
1.35 May
12c
Apr
9%
Apr
4.00
Feb
23c
Feb
■
Vulcan
55c
74c
89,382
50c
19%
18
19 %
13,253
16%
14c
15c
12,600
9c
Waterous
Mar
2.10 Mar
23c
Jan
4.50
Webb
&
Werner
Lake
Jan
Wespac
Petroleums
Jan
Western
Canada
Western
Decalta
Jan
15c
Feb
25c
May
Western
is y8
17%
19
6,643
16
Jan
20
Jan
Western
11%
11%
11%
635
10%
Feb
12%
Jan
Weston
Apr
17c
Jan
15%
Jan
1
72%
22c
Cement
Mar
15% Mar
Jan
,18% Jan
#8 "Mar
26,300
26c
Feb
62c
7,950
50c
Mar
68c
13c
Jan
27c
22C
26c
122,000
1.40
1.40
1.45
7,700
62%
•
Debentures
62%
65
90
1.27
Jan '
3.8.5 May
-
'17% May
Apr
4,458
21
Feb
25
6,000
69c
Jan
85c
3.65
12c
15c
40
42
29,253
21c 23 %C
228,940
18%c
100
24%
|
13c
41%
22c
24%
600
3.00
12c
45,480
24 %
Western
May
Jan
3.65 May
Jan
r23c
May
Jan
42%
Feb
f
Apr
29c
32% Mar
Jan
62% May
2.10 Jan
40c
Mar
Grocers
Class
80
3.50
3.60
1 225
class
7,488
150
Jan
25% Feb
Apr
25c
23c
25C
4.40
4.05
4.50
39c
42c
1
Apr
18%
Jan
81c
May
Feb
4.70
2.75 Mar
Apr
Feb
;35c
54c
Jan
26c
30c
32,200
20c
Feb
35c
Jan
40c
38C
41c
48,070
16 %c
Jan
42c
Apr
11c
10c
lie
30,200
9%c
Jan
14c
Jan
1.78
1.55
1.78
9,250
1.12
Feb
1.90
Apr
18
17%
18
120
Mar
18%
Feb
__5
26
26.
26
50
Jan
26
2.85
2.75/
2.85
33,439
1.10
1.06-
1.12
20,400
.1
'*
J.
*
23
22
23%
1
Winchester Larder
Woodgreen Copper
Jan
6.50
3.90
Jan
19'/a Mar
65
2.10
2.29
16,600
1.45
16C
8c
8%c
-
89
Apr
24%
Apr
92% Mar
Mar
7.25
-
May
2.90
2.10 May
1.00
Apr
24%
6.00 May
500
Jan
'Oau
17
Jan
3,210
1.45
1
36%
5.00 Mar
1.00
3,470
13 %c
Vic'
13
34Apr
18%
92
2.17
1
Apr
2,375
7.25
—j
Wiltsey Coghlan
1.35
Feb
91
•
Apr
Jan
14
6.00
Feb
Jan
3.00
46c
300
92
6.65
-
Warrants
14%
22'
•
100
1.85
424,106
21%
22
25
1,005
3.90
14%
A
5.95
2.90
3.15
B__'
17
70
34
34
5.60-
*
Willroy Mines
'
■
.*
2
Winnipeg
Jan
74%
28c
B
Windward
13%
Feb
*
Preferred
Jan
May
*
Warrants
Apr
Jan
Apr
23c
Apr
4.05
*
;
„
A——
Plywood Co class
Jan
67%
6,000
2.00 Mar
75c
Jan
14
2,970
39c
2.95
7,620
1
1
Jan
Feb
8.60
*
1
class
1.30
50c
2,692
Petroleum
Jan
1.82
2,000
9.50
1
Leaseholds
(Geo)
24,005
74c
14%
.
Naco
2.75
72c
73%
—
Warrants
Western
Jan
„
Feb
73c
8.60
Petroleum
64 % Mar
94
25%
11c
'70C
70c
14%
Breweries-.
Apr
Jan
190
25
25%
72%
—'
1.00
11% Mar
35c "
Jan
1.73
14%
73
„
—
19%
Jan
97%
17c
4,200
12,065
1
Ltd
Feb
11
58c
Jan
8.75
Mines
Mar
45
"30c
6.40
•
1
Nickel
Products
2,001
96%
5.50 Mar
1
Westeel
157,956
59c
6,450
3.60
Ltd
1.65 May
71
3®c
5.70
1
—I
Apr
25c
*
Apr
128,650
♦
Knapp (Canada)
Pyrite Copper
11%
1
59 V*
16c
1
—
Weedon
12% May
69
_1
Jan
,_i—*
Equipment
Wayne Petroleums Ltd
11%
3,380
Feb
39
3.85
10
.
Walker G & W__
79c
11%
16%
Feb
255
1.68
Wainwright Producers & Ref
Waite Amulet Mines
,'.
1
1.99 May
2.05 Jan
70%
15%
24% f eb
20c
17%
1
.
Maygill Gas Oil-.
70c
16%
:
60
3.45
1
West
11c
v
Apr
-
2
Oils
Mar
Jan
Apr
13
Jan
Jan
56
17
-I—1->
Trust—
35c
16c
Ltd
Sapphire Petroleums Ltd
Saskatchewan
Grey
Violamac Mines;
Malartic
21c
96%
Mines
Gold—.
River
&
West
4,100
19%
12%c
110
3.45
•
May
2,025
1,040
reo
V 6.95 Jan
29 % Jan
25% Mar -
24,500
•••"
56%-
14 %c
1
75c
15
May
24c
•„
5.50 Mar
■
3.65
1
...
10
67,700
•
Gold
Ltd
Apr
12C
79 %
Mar
18c
:
50
22%
5.50
.Vanadium- "Alloys ■
Vandoo Consol Explorations Ltd—
Feb
14 %
5.50
_
9
11 %C
Apr
b.oO fcijiv
Jan
Jan
"
10,978
-
17%
50c
9c
Jan
:74c
Jan
1.70 Mar
37c
Apr
33c
Feb
Victoria
1,735,299
15
62%
10,000-
21c'
6.15
57
*
Upper Canada 'Mines——..-
Jan
52c
..
58
57%
—I-
10% Mar
Jan
26c
•
Jan
3.85
1,605
15 %c 17 %0
56
——
80c
2.87
2.1%
17c
56%
Hill
United 'Steel■ Corp
Universal Products
.
.;
A.
common
Uranium
Antonio
Sand
69C
~
Apr
9.00
'
50
25
._*
Montauban Mines
United
Jan
Mar
Keno
United
Jan
1.25
28c
20c,
5.80 '
•
pfd
preierred-
1.20
1.65
pfd
A
Michael
San
4.50
63c
17c
"79%
'
Iriv class
Vico Explorations
20c
1
class
Cement
Lawrence
St
60
Apr
30%
Apr
7.25
50
5'/a
.
26% " 26%
Fuel
*
Mining
Lawrence
St
10,232
12%
8%
6.15*
*
United
Mar
1.35
20c
1
United
Apr
Jan
60c
2:
1.67 May
•
Industries
Ryanor
14c
12%
34c
Feb
17
"
:
1.49 Mar
1.22
21 %c
5%
76%
'a
Corp
3.75
*
A.._j.
5%
79%
*
Corps Ltd class A
10
Canada
21c''Apr
•
18,750
-
/
*
common
Canada
B A——' —;
Estella Mines
1
19
21c
•
;
Royal Bank of
8.10
Feb
United Asbestos
May
1.60
1
7.50
26c
Union
13
*
Mines
Consol
Royal Oak Dairy class
Royalite Oil common
St
650
8.00
106,760
Jan
Apr
50c
Rocky Pete Ltd
Roe (A V) Can Ltd—
Russell
2,759
12 %c
s-
_
68c
Apr
27c
1
Mines
Roxana
73,705
2.83
133%
60c
8.80
Feb
1
Mines
Rowan
500
74c
1.54
10
12%
1
common
Little
Rockwin
lie
1.84
66c
14.50
13
——————
Athabasca
Rix
Ribinson
—1
—*
A—
1,800
1.35
73C
—1
Rio Rupununi Mines Ltd
1.99
1.81
1
—
Uranium
1.85
Feb
68c
1.50
:
17c
810
80c
1.50
Richwell
Riverside
9%
60c
1.58
Ltd
—
Mines
Rexspar
9%
65c
1
,
Macdonald
Reeves
*
—1
Ltd
2,500
4,795
Feb
Feb
1
Gas
1.16
1.65
Batten.
&
29c
26% ' 28%
26%
Jan
2.00
Shawkey Mines
Acceptance
3.05 Mar
3,720
2.17
Earth Mining Co
Rare
Rayrock Mines
Reef Explorations
28c
:
1.20
'■
104
Fels
Union
Jan
9 »/2
8,334
Jan
23c
Mar
Union
2.50
—*
21,128
131
28c
Jan
11,254
Ltd
Miners
Apr
Apr
Apr
2.60
125
20c
Apr
3.25
—„_1
3.25
77,649
2.50
5,500
5.90
Apr
1
Mines
Jan
:
•f 4,500
Ventures
Uranium
Radiore
43%
41
3.15
127%.
Co Ltd
13c
3.95 Mar
2.50
*
Apr
41
2.68
49c
Mining
Ultra
3.25
Queenston Gold Mines
Quemont Mining
29
41
3.10
,
;
:
May
8.35 Mar
-1
105
—1
20C
73
Jan
.—1
May
47c
Jan
Feb
—:.
41 %
24c
55
1
Corp—
Mines
Lithium
Manitou
Apr
IIIo
Resources
United
Quebec
36%
48c
Trinity
6.75
Quebec Metallurgical
3,345
24c
Jan
6.50
8.75
41%
106
Apr
75c
7,460
1
39
40%'
Mar
Feb
1
46%
83c
17,455
—
12c
101
—1
Tribag
Feb
Jan
8.40
3.30
Ayr
15
2,000
Chibougamau
Jan
38%
50c
7.75
•
33%
.
"
1.20
—•
35% Mar
-
Feb
14c
Line
Pipeline—
20
"
1.25
High
Jan
•
260
103
:
Oil
:
32
14c
Ltd-
Explorations
Prairie
13'A
25
2.55 •
Trans
Jan
Jan
24
145
103
:
I
,
Apr
6.60
Quebec Copper Corp
Quebec Labrador Develop
Low
35
1
•
I;
A
Canada
7.75
Quebec Chibougamair Gold
Range SIrce Jan. 1
High
„50
—;r
Trans
8.20
•
Shares-
35
25
——
Jan
1.66
Apr
Mortgage
Traders
2.23 Mar
;
1.20
Ltd
Minerals
Low
A—
Towagmac Exploration
Apr
7.60
Ltd
Producers
Toronto
class
Works
Iron
Mar
113,200
9,700
for Week
-20
Trusts-—_—__
General
12
600
10 %C
1.20
95c
67c
1
—-—-1
.
Mines
Airways
Prospectors
Purdex
11,900
Jan
—*
Dome
Warrants
Gas
1,656
70c
.1
Gold
Uranium
Provo
42%
69c
27c
;—--
East
Preston
41%
70c
!l
Roy
Electric
President
Pronto
64C
42 %
1
—
——
Border
Premier
25% May
3.90 Apr
355
3.65
12%
Corp
Prairie
Toronto
25%
*
Power
Jan
1.30
.1
Gold
Rouyn
47%
1.70
—
Ri\ er
Powell
45% Mar
50c
!l
Uranium
Oils
Ponder
Toronto
1.27
Development
Powell
Apr
3.40
322,175
Sales
Range
of Prices
rar
77
1.70
Mines
of British Columbia.
Pioneer Gold
Pitch-Ore
Placer
46%
Week's
Last
Sale Price
High
Jan
25%
1
Ltd
Gold
Crow
3
1
50
59C
& Gas
Phillips Oil Co
Pickle
—
Minerals
&
Oil
Peruvian
2,168
1.00
Mines
Gold
Perron
MAY
Friday
3.65
2
1
——1
ENDED
STOCKS
Low
69
46%
preierred——
Oil
&
WEEK
Range Since Jan. 1
High
63
—*
common
Gas
663/4
-_50
——
—
Low
5
common..
Shares
FOR
for Week
at Prices
Friday
STOCKS
Sales
Jan
1.84 Mar
Feb
10c
9,000
Feb
18c
Apr
Jan
2.75
5,100
2.95 Mar
Woodward Ltd
3.05
3.00
3.25
23,650
2.50
Feb
3.65
Jan
4.85
5.15
3.60
Jan
5.50
86%
•1.1C
1.30
93,345
10%
10%
1.32
27c
34c
12,000
27c
May
37c
10c
lie
14,000
9%c
Feb
16c
Apr
9c
9c
1,000
9c
Jan
13c
Jan
1,78
1.60
1.83
20,020
1.35 Mar
1.93
Apr
8c
8c
7,200
7c
Jan
10%c
Feb
32c
36c
33,300
23c
Jan
40c
Apr
53c
58c
27.875
33c
Jan
75c
Mar
15 %
10%c>
1.30-
Jan
15% Mar
10% Jan
75c
Feb
2.60
100
10%
Apr
10%
Apr
6,755
1.15
Feb
1.60
Jan
Jan
Apr
217
25c
10 %c
»
*
Wright-Hargreaves
10,270
11c
Apr
53c
2.65
5.15
Mar
„10c
3,316
1
i
Gas
-
Scurry Rainbow Oils Ltd—i
50c
Security Freehold Petroleums
*
Shawinigan Water & Power common
•
8c
246,100
15%
8c
1
Mines—
1
2,000
12c
15
34c
Gold
& Central
Class
A
Class
A
Class
B
Sheep
95
,
preferred
_50
preferred
Creek Gold
Gordon
Shirriff
Horsey
__50c
43
95
■
<
10
Mar
Yankee
Canuck
44%
Jan
Yellorex
Feb
48
Jan
Yellowknife
1.16
34,687
6.30
6.60
30,012
10
10'/8
375
25
25
21
21
21
21%
21%
90c
Yukeno
Mines
Apr
8.10
Jan
Zenmac
Metal
Feb
25%
Jan
Zulapa
Apr
22%
20
Mar
1
4.05
4.20
800
11 %c
11 %c
12c
22,500
9c
Jan
1
71c
71c
77c
12,260
71c
May
46c
45c
46c
13,500
37c
Feb
Silverwood
Simpsons
Dairies
50c
class
A
Van
Valley
Union
;
Spartan Air Services
Spooner Mines & Oils
Mines
63c
Standard
Paving &
Stanleigh
Apr
11
Uranium
Toronto Stock
18%
3,238
98c
24,120
18
18
18%
190
19
12c
12c
13c
Apr
8,474
11c
Mar
15c
20c
20c
3,900
19c
Apr
30c
Jan
Jan
55
Apr
60c
Jan
55
54
55
426
1
45c
38c
45c
10,800
9
9%
11
66c
17%
47
Jan
Jan
35c
Mar
1.03
9
9%
900
8
Mar
55c
50c
60c
227,700
21c
Feb
33c
78c
Mar
30c 34 %c
31,116
27c
Jan
42c
Jan
40%
Apr
9%
Feb
Materials
•
39
38 %
39
280
Corp.
1
5.80
5.30
6.00
•
26,700
3.15
4.25
Jan
6.40
4.10
4.50
Apr
9,080
3.95
Apr
5.00
8
Apr
8
100
—
34
7
Mar
Feb
8
Friday
STOCKS
% Mar
»
Uranium
Stanwell
Oil
Sc
Mines
Starratt
1
Bros
Steel of
Cons
Propane
Tandem
29 %c
34c
1,046,000
10c
Jan
II_II_Il
ZZ1-*
Mines
Cons
ordinary
National
!__,
Corp
Anglo Canadian Pulp & Paper
Anglo Newfoundland DevelopAsbestos Corp
Dominion
Canadian
Bronze
Canadian
General
Canadian
Industries
Canaoian
Ingersoll
25
25%
775
23%
Apr
64
65%
3,537
60
Feb
71%
Jan
8c
9%C
4,000
7%c Mar
22
10 %c
Jan
21%
22%
16,391
40c
40c
42e
13,200
30c
Mar
59c
Jan
12c 12 %c
16,250
9%c
Jan
15c
Feb
4,641
3.45
*
22% May
3.25
Feb
4.10
Jan
5
5
100
4%
Feb
5%
Jan
1.35
1.50
9O0
1.35
18%
17%
18%
1,625
7c
7C
7c
1,500
3.95
3.95
4.00
1
1.45
Pearson
2,300
1.45
1.53
9,400
39
39%
70
9%c
9%c
3,000
51c
18,275
9%
315
17
7c
3.85
1.10
Jan
'
51C
common
Mlnes__III!
21%
Feb
9%c Jan
Aor
Apr
5.50
Jan
Jan
1.72
Feb
47c
9%
38
Jan
Oil
Glass
DuPont
Gaspe
of
Canatia
Copper
International
International
Pato
1
&
1
Consolidated
Gold
Apr
16c
Mar
Jan
51c
Jan
10
1.70
1.79
4.05
3.80
4.05
22,500
70c
65C
71c
30,900
50c
Feb
85c
Mar
92c
2
II!
1
Tombill Gold Mines
90c
94c
12,600
4.10
Paper
4.10
4.10
100
21c
1
Toronto Dominion Bank
-10
43
20c 22 %c
81,000
48c
60c
28,310
34 %c
52c
Mines—!
36c
1,600
42%.
43
2,137
Canadian Gen
Inv
Consolidated
Gold
:
24%
;
19%
3*
19
79'
,
>
78
4.30
4.40
58c
<-
Jan
Jan
25% May
Jan
60
16%
47%
--I.
75
Jan
Jan
59
Feb
.28%
.
Apr
19% Mai
Jan
85%
64% Mar
100
Jan
37%
103%
Feb
Mar ~
10%
Apr
May
v
20%
Feb
29%
260
80%
33
50c
•
19%
900
Apr
,'34r
Feb
Apr
™
35
440
4.45
'3,740
■
30% Mar
52
6
6%
31,100
28%
5.20
49
2,400
60c
35 %
4.30 May
555
49
180
;
1
Jan
19 %
56c
51%
^
Apr
39%
59
.
33;
33%
-
*
52.
Apr
91
57%:
19:
-
Jan
Jan
690
.
4.00
Feb
51
315
.
May
20c
2.955
...
Jan
52
Feb c
36
135
19
•
Jan
19%
35
.j
4,245
60
27 % Mar
31
3.00
31,280
59
92%''98%.
—;
I
Corp
46c
25%
41%e
Mar
45
2,381
32l/a
_
-
»
Trust
.
•
2.50
-
120
Mar
59
Apr
5%
6 Va
Apr
50c
Apr
60c
23%
Apr
28%
■
J ah
Apr
Jan
May
May
May
9
.25c
7,689
Bros
Zellers
9%c
1.71
—1
Calgary
Price
Yukon
48
36%
3.5%
f 59-
^
Mines—
893
-
Mar
Mar
15'A Mar
160
3.30
Apr
17
'2*
■
'•
26
330..
52
Jan
28
200
.
Feb
21
2,555
19%
*
6
:
:_i
;
98'/a"
:
*
Paper—
common
V-
19
32%
;
9
;
u
Ontario
Flour
42e
:^_;i_l
1
.
3.10
'
——7.50
c.
29
18.
25»/a :
*
1
Utilities'
27%
28%
35.'
14% Mar,
1 48-
*
♦
com
29%
545
1,357
«
36y*
,*
•
Utilities
Inc
Minnesota
Ogilvie
Securities
Mines._;
r
*
:
1
Paper
Interprrovincial
Loblaw
j.
common
967.
23
3.10
*
-----i
^
—
Bridge
Dominion
41 Va Mar
35c
1
Thompson-Lundmark
Tiara Mines
1.95 Mar
Mar
Dalhousie
Dominion
Jan
Jan
15%
51 %
_*
i—-
—
Third
common
Silver
3.65
Feb
Jan
5
*
~
Teck-Hughes Gold
Temagami Mines
Torbrit
3.40
17%
26%
Paper
39%
10%
33%
.
Apr
Apr
22
;
19
-
6.00
8% Mar
32
■
29
<
1
Rand
-
*•
*
*
4
Westinghou.se
Consolidated
May
May
65
Mines
Thompson
1.44
34c
Mar
♦
common
31%
3,130
15%
_15%
22;
High
4.25 May
200
9%
33
*
Investments
Marconi
34
8%
32
..
.
*
common—
325
27%
*
-
Sugar_X—_
Low
4.75
8%
1
&
Range Since Jan. 1
High
4.25
\
33
Co
Shares
-
Lo?u'
*
5
——
Erown
Canada
Canadian
5.05
25%
50c
Gold
Taurcanis Mines
Texas
Feb
8 %c
—
Taylor
3.50
1.50
common
Gold
Tamblyn
Feb
31c
12c
Industries
Sylvanite
60c
;
Petroleum
Inlet
Switson
669,435
1
Sullivan
8uperte8t
5,300
1.44
l
Contact
Superior
Surf
4.60
1.31
ZZZZ*
ZZZZ*
I-IIIIII
Canada
Warrants
4.30
1.41
•
Steeloy Mining
Steep Rock Iron Mines
Sturgeon
River
Gold
Sudbury
4.35
i
:
Nickel
Stedman
Ltd
1—1
Gas
»C Prices
Par
Andian
Sales
for Week
Range
Sate I'ricc
*.
.
Week's
Last
-
Apr
Canadian
Stanrock
WmmOM
Jan
19c
165
Curb Section
Exchange
Cinsilss
18% May
10 %
18
80c
*
Warrants
Mining
Jan
Jan
10
83c
♦
Stanley Brock class B
1
—
Jan
*
-
—
*
Jan
Jan
18%
*
Oils
J
Mines
.
Jan
*
Oil
i>.J0%c
1
•
Jan
»
Roi
!
Stadacona
1.05
10 %
*
—
Southam
Southern
4.55
15c
•
common
Souris
Feb
*
Ltd
Slocan
4.05
1.35 Mar
1
Ltd
Siscoe Mines
Slater
Mines
—20e
—;
Jan
20%
1
Silver Standard
1.26.
Feb
22
24%
200
10
1.30
Jan
10%
10%.
*
1
Oil
Bear
9% Mar
6.30
125
.
Mar
5
;
-
Mines
6.35
^
Zinc
Mar
Sigma Mines Quebec
Mines
&
43
21%
Mining
Lead
47
Silanco
Silver-Miller
95
Yale
165
10%
*
Jan
200
1
common
90% Mar
89
43
94c
trust
Feb
47%
1.01
25
Breweries
95
80
43
•
_
common
Preferred
Voting
86
class A-
47%
50
Sherritt
Sicks
86
2.60
'1.60
Jan
3.00
Feb
3.75
Jan
Apr
1.95
Jan
FOOTNOTES
Feb
4.90
98c
1.25
4.10
Jan
*
±
^
FOE OUT-OF-TOWN AND
•
Ko
a
Odd lot sale- (not Included in year's
Jan
par
value.
range).
^
■
,
;
,
.
Mar
36c
Jan
d Deferred delivery sale
In year's range*.
Jan
61c
Apr
34 %c May
47c
Feb
Soiling ex-interest.
i Flat price.
*
49
Jan
t
..
e
18c
19c
42% May
May
28'A
■
,
■.
-
..
wdWhen
(
(not Included
ol When
-
.
Cash sale
CANADIAN
tKx-liquidating dividend.
(Un) Admitted to umlUtad
A.
issued.
X
„
Ex-lights.
■
Ex-stock
-
(not included to year's range).
-
--
trading prrrllsgss
.
Ex-dlvldwrtL
j
-
.
MARKETS
del) vtrod,
-
dividend.
:
Apr
'
Number 5635
Volume 385
The Commercial and Financial Chronicle
...
(2137)
.
45
-fa*
NATIONAL LIST OF OVER-THE-COUNTER SECURITIES
Quotations for Friday, May 3
•
following bid and asked quotations are obtained from the National Association of Securities Dealers, Inc. and other selected sources. They do
not represent actual transactions.
They are intended as a guide to the range within which these securities could have been sold (indicated by the "bid")
cr bought (indicated by the "asked")
at the time of compilation. Origin of any quotation furnished on request. The "National" list is composed of securities
The
which have
a
wide national distribution.
Par
Bid
Skil Corp
!_L_2
Smith, Kline & French Lab 33Y3C
25 "/2
27%
Tokheim
60
63
Topp
Ask
South
15
I6V2
21
Southeastern
11%
123/a
5
14 y4
15 'A
Trans-Canada
Co__•
15V2
16%
Trans
18"%
20 %
Tucson
38
40 V\
28'%
30%
Industrials and Utilities
6%
Par
High
Voltage
_1
American
Barge Line Co
American Box Board Co
35
37'%
Hoover
35
37i%
Hudson
.-1
28 %
30%
Co
Engineering
ciass
Class
A
36 Ya
Husky Oil Co
—2
50
531/4
-1
27
Hycon
Mfg
221/2
241/s
1
Hugoton Production Co
38
American
29%
1
common
34 Va
American-Marietta Co
271/2
2%
35'%
77
80%
10%
11%
—„1
Research
.10
Co
3'%
4
Cement
11'%
12%
Ideal
29
31'%
Indian Head Mills Inc
AMP
._1
Incorporated
Amphenol Electronics Corp
.al
25'%
26%
Anheuser-Busch Inc
—4
19
20 Va
Arden
Co
Farms
Public
48
51'/8
—5
26'%
23
25%
27'%
-5
19%
211/4
*
Service
Arkansas
Missouri
Arkansas
Western
Co
Power
Gas
Co
351/4
37%
351/4
37%
.10
Associated, Spring
Products
44 %
471/4
Oil
Aztec
1
17%
Gas
<Sc
Co
__
Motor
Co
III
Class
A
Co
Lt
12'%
Pow
17%
Iowa Public
Iowa
84'%
Wells
28'%
30%
15%
16%
Stubnitz
Co. -15
21'%
22%
Co
-1
7y8
Jervis Corp
Bates
Co
.10
6%
6%
Jessop Steel Co
Co. .10
21%
10 V*
ll'/4
—1
9%
10%
12
liy4
Bausch
Bell
Lomb
A
&
Gossett
Beneficial
Optical
Co
—s
Ccrp
1
Botany. Mills
Inc
Bowser
Brown
&
Brush
Mfg
Burnciy
3
291/8
Kentucky Utilities Co
10
71%
7%
16%
17'%
•
Co__
24%
26%
Keystone Portland Cem Co
3
31
Water Service
5
241/i
26
Petrol
Canadian Fuoerior
4<2
L-O-F
15%
Landers Frary & Clark
Oil of Calif, t
Lilly (Eli) & Co Inc com cl B__5
Lithium Corp of America
J
66%
32%
34%
Lone
36 y4
Lucky Stores
6%
1.0
5
Electric Co
Power
Maine
Co
Madison
14%
Mallory (P R)
Clinton
class
B
Macnine
Collins
Radio
Class
B
Interstate
Colorado
Milling
16%
171/2
5%
5
18%
20%
13 Vf
*14%
Maryland Shipbldg & Dry Co_50c
Maxsou (W L) Corp
3
383/4
40%
6 1/2
7%
McDermott
551/4
58 34
(J
Ray)
McLouth Steel
23%
25%
80%
83%
Class A
1
17
Mississippi Valley Gas Co—__5
Mo-Kans Pipe Line Co com
5
6%
19%
7%
3 "2
15%
Montrose
61
64'/2
Mountain Fuel Supply Co
8%
17%
13%
17»/4
21
22V2
Doeskin
DuMont
1
Inc..
1
Inc
Products
Donnelley
Dun
Arts
(R
R)
1
Sons
&
5
Co
Bush
13%
25%
3%
25
4%
23%
814
8%
1
Dynamics Corp of
$1 preference
30%
10 y4
lli/a
2
Inc
Inc
28V2
2
Bradstreet
&
19%
12
1
Broadcasting Corp
Dunham
18%
241/4
16%
Utilities
Missouri
Tennessee
Industries
Eastern
Utilities
Eastern
El
Chemical
i
9%
9%
Fanner
Natl
1
.500
3%
22%
24
24%
26
81/2
9'/8
Co
(Phila)
(N
Y)
Bid
17'%
19 1/8
32%
33%
20
97
10
241/4
26'%
Long Island Trust Co (N Y)_10
33'%
36 y*
41
43%
Co
County Trust
(Brooklyn N Y)
Liberty
Co
62'%
Co
Real Estate
Bk ft
45%
5
25'%
27'%
35'%
38'%
38
40%
Mellon Natl Bk A Tr Co (Pgh) 25
48%
48%
51%
Mercantile Tr Co (St Louis)—25
50%
Merchants Natl Bk of Boston. 10
Phila.10
Y)_.10
(N
Meadow
ol
19'/»
"
20%
108'%
0
112'%
54
New
Eng
Y)
National
of
Detroit
Bank
of
Westchester.5
20'%
22
City Bank (Cleve)—16
61'%
65
National
62
Bank
National
67
259
57'%
25
Commerce
Trust
(Albany
Newark
Natl
(N
Bank
N
A
10
27
83%
87
30
32'%
29%
55'%
59
43 %
7.50
46'%
Bank¬
29
Natl Shawmut Bk of Boston.12%
Co
N
33'%
Nortex
North
Oil
27'/4
First Bk
12%
13%
First
10'%
11
Pub
North Indiana
Philadelphia Natl Bank
821/4
Pilgrim Trust Co
74»/4
Provident
pfd_*
67
71'%
First Natl
Bk of Chicago
Co—•
39%
42'%
First
Natl
Bank
63%
311
33'%
Corp —1
6%
7'/4
First
Natl
Bk
(Jersey
Natl
Bk
of
34%
66%
321
35"%
53'%
63
171/8
18%
13%
15
First
7%
8
7%
8 34
6»/a
32%
34%
Sulphur Co __70c
251/8
26%
141/4
15%
Tool
Indus
—1
General Bottlers__l
Lumber Corp
3%
12
10%
•
28%
2
5%
Glrard
61/4
18'/2
Plymouth
Foote Eros Gear A Mach Corp_2
Foote
Mineral
Co—
1
221/4
23%
Polaroid
Corp
1
148 «/2
501/2
531/2
Portland
Gas
19
371/4
Paper_10
281/2
31 »/2
Portland General Electric Co_7ya
24%
171/4
13%
Potash Co
5
38'/2
41%
7%
34%
37%
Pub Serv
17%
18%
10
23%
25%
10c
Hamp__—5
Pub Serv Co of New Mexico
5
6%
1
14%
20%
21%
Punta Alegre
1
22%
23%
38
41%
Purolator
1
33
35%
of
:
General
Controls
General
Crude
Co
Oil
Co
2 '/2
Genl Tele Co of the Southwest
5%%
preferred
20
20%
22 %
1
19 V8
20%
Giddings A Lewis Mach Tool Co_2
30%
331/4
36%
39%
Portland
Giant
Cement
"Great Western
(A P)
Green
Co
Financial
Corp_l
Fire Brick Co
5
26%
23%
Green Mountain
5
15%
16%
Gruen
1
8%
9%
Gulf
Power Corp
Industries Inc
Coast
Leaseholds
Gulf Interstate
Gulf
Sulphur
Gustin-Bacon
Hagan
Inc
Gas Co
Class
B
5%
6%
31%
& Controls
341/2
77 y4
20%
2
8*%
National Bank (N Y)
Louis
Trust Co
Union
20
Street
Trust
Bank-State
of
•
3%
4%
New
Sugar Corp
Products
45
32
47%
50%
30'%
33'%
Security Natl Bk of Hunting¬
24'%
26'%
State
ton
49'/4
(N
27'%
29%
10
46
49'%
25
39
43
19%
20ya
9
Y)
Bank
of
Natl
Albany
Bk ft Tr
Co
Y)
(N
52'%
67'%
70
Bk
A
Tr Co
Trust
44%
464
31%
42'/a
435
29'%
'
Co
of
(N Y)—10
New
10%
11 ya
26
281/4
10
44
46%
10
42
45%
22%
24%
Jersey
2%
Amer (N Y)„5
Natl
23
353/4
16%
25
16
161/4
Industrial
(H H)
For
R
footnotes
Corp
25c
•
91/4
see
Plywood
System
Commerce—
Co
Tr
of
States
Maryland
Trust
San
Jacinto
10
United States Tr Oo <H Y)_20
Valley Natl Bk (Phoenix Arii)_5
(Boston)
36'%
35
70%
10
We
I8V2
maKt
Markets in two out of every three of the
&
Utility
44
46%
Corp—
2934
32
2
4434
4734
1
7Ya
12 %
13%
21%
23
of
Stocks quoted in the above
Over
-
the
-
Securities.
Counter
Your orders A inquiries ore
18%
1
list
incited
12 34
16%
National
48
1134
Petroleum
Oswego Fails
D) & Co
53
Searle
129
136
Seismograph Service Corp
8ierra Pacific Power Co
10
5
7%
8%
67 ya
29%
75'/4
17%
45
Inc
133
(G
64'%
27»%
preceding page.
Industrial
61
1
5
Corp
49
Sealright
Co—
10
56 »/2
Rockwell Manufacturing Co__2'/a
Roddls
——10
I
of
38
1
Inc
Co
Rochester Telephone
33
32%
•
Natl Bk of
Providence
171/2
Robertson
(N Y)__10
*
25 %
Bobbins & Myers
Union
United
Industrial Bk of Com
Bank
(Cleveland)
59'%
17%
54
(Union City)—8
Co
17%
Riley Stoker Corp
3
River Brand Rice Mills Inc—3'/a
23%
Roadway Express class A
Union
Bank
(Jersey City N J)
Hudson Tr
Trust Co of No
24%
1
Co
(Chl)„100
Natl Bk & Tr Co—10
County
TROSTER,
HA
2-
2400
67 y4
28'%
61/4
2
Richardson
127
Corp
155
12'/a
Chemicals
Reichhold
Republic Natural Gas Co
5
5%
Hudson
*
63%
10
Phila
Security First Natl Bank (Los
20
(N Y)
A Sav Bk
77%
20
Mass)
10
Bank of New York—10
Tr
9%
73
12%
(Boston,
SINGER
&
37%
25c
Co of
Rare Metals Corp of America—1
Ryder
1
America
Co class A com_10
common
Mfg
11%
29%
Company
Haskelite
2%
10%
10c
Corp
Halle Mines Inc
Haloid
2%
•
Mfg Co new__2.50
Chemicals
Hanns (M A)
20c
Coke Co
&
Properties Inc
Producing
Gas Service Co
Co
Rubber
Harris
Hartford
37%
18
Second Natl Bk
Bk_15
Exch
35
10
5
Corn
140
of
73'%
Second
68%
42'%
Bank
15%
5
Natl
Angeles)
Y)
Trust
Hanover
26%
_•
56%
Bank
(Phila)
Trade
39%
Ft
N
Guaranty Trust Co
30%
17%
48'%
531/4
Sterling
2%
Pioneer Natural Gas Co
45%
St
Natl Bank
Rochelle
Bk (Franklin
New
Square
11 %
2%
20
Tradesmen's
Trust
Rye
Franklin Natl
13 »/a
Park Inc (Wash).l
Natl City Bank
First Westchester
of
Pacific Power & Light Co
59'%
65"%
Louis—_20
St
.
50
(N Y)__20
Pennsylvania Banking
& Trust Co (Phila)
10
14%
„•
1
38 Va
27 y4
Royal Bank of Canada
10
Royal State Bk of New York—5
First
29%
Corp—
Dallas—10
City)—25
of
i6 y8
35
25
Boston
21%
32•%
100
56'%
14'%
10
Rockland-Atlas
20'%
131/2
Airmotive
(Minn)
Natl Bk A Tr
N J)
6Y1
Bk
(Atlanta)_10
•
53'/4
5
(Boston)—10
&
35%
33%
10
Stk Corp
Camden
469
440
(Dallas) .12
Riggs Natl Bk of Wash D O—25
63
Bank of Boston—12Va
3
N J)
49'%
36%
National
27 »/2
Pickering
51'%
(Camden
5
American
47%
78
70
59'%
32'%
(Hackensack
Co
Otter Tail Power Co
Pepsi-Cola
28
First
Opelika Manufacturing Corp __5
Pan
40%
26
First Natl
Corp
100
Republic Natl Bank
First
Coal
Ben
25
(Chicago)
Co
(N Y)
37
17%
Serv
Production
Northwest
Tr
Co
(N Y)_l0
14
$4
68'%
Trust
Peoples First Natl Bk * Tr
Co
.20
(Pgh)
Peoples Tr Co of Bergen Ctj
(Newark
Co
16 »/8
Northeastern Water Co
65'%
Northern
187
13
1
1
38%
York
178
—5
Corp
Coal
American
46
36
50
(N Y)
Fidelity-Bait Nat Bk & Tr Co_10
Fidelity-Phila Trust Co
20
Fidelity Trust Co (Pgh)
10
Fidelity Un Tr Co (Newark)—10
Fiduciary Trust Co (N Y)—10
251/4
North Penn Gas Co
Newark—12%
10
"
,
Corp
Gas
&
27
25'%
5
Y)
Trust
50c
Co
Thermador
of
Eng Trust Co (Boston) .100
New
(White
Co
Bk
State
New
18%
File
Nicholson
Norris
Natl
10
J)
17'A
57%
Packing Co
58 y2
A
Y)
Esses
55Vi
J)
ing
Trust
N J)
Trust
Elec Assoc—8
&
Gas
54
Garlock
42'%
342
328
National
63
2i6
50
A Trust Co
Bank
13'%
Pigeon Hole
Co
58'%
39'%
(N Y)—100
37
34'%
Bank A
Bank &
(H Y)—10
Bank
Y)
(N
(J P) A Co
Morgan
10
Natl
Brook
Freeport
National
(Chicago)
24'%
59'/2
Frito
102
Ti
(Phila)
58
42'%
111
Federal
251%
55
Corrugated
%•*
5
Kings
63%
60%
Trust
Trust
Cleve—16
of
Bk
State
(N
Plains N
9%
Mortgage Assn_100
First Eoston Corp
10
Fluor Corp Ltd
2 Va
Wayne
10%
10
40%
302
289
16
76%
12'/a
Pacific
Mfg Co
Co
Pal
Irving
39%
22
Pabst Brewing Co
*
151/s
Companies
371%
35
37'%
72
Shops of Del___l
common
46%
Co
Off-Shore
Co
Ask
37
27
23
B
Pendleton
Federal
9
25%
50c
Class
National Shirt
26 »/4
81/8
Bid
of N J_25
34V8
10c
Foods
1
lo
National Homes Corp A com_50c
43
1
28
13%
10
Bk of
Empire Trust Co
19%
24%
Co
26%
9
(Rudolph)
Industrial
J)
(N
Bank
Exch
Co
County
36%
32
7Va
32%
10
Light Co
19'%
Bank & Tr Co_12'%
19%
18%
10
(Texas)___•
<fc
12'/a
18%
A
(Phila)
Southern
&
(Paterson
26 34
34
20%
Equity Oil Co
Fairmont
Co
18%
24'Za
Corp —2 Va
Oil Corp
5
19
Associates
Oil
state
1
Aluminate
National
50c
Ernhart Mfg Co
Empire
Co
Northwestern Pub Serv Co
Co
Inc
Co
Electric
Pasc
Gas
Nat
29%
Zapata
69
(St
Federation Bk & Tr Co
Old
East
18
2%
17%
•
65'%
Trust Co.
Co
17%
America
S
(Savannah)
County
8%
151/2
Bridge Co
16%
111
Line Co
Barge
14%
Productions__2'/2
11%
8 Va
Continental
18%
Valley
_
Co
5%
I6V4
(Walt)
16%
5
7%
100
Bank
Natl
Corn
Trust
20%
Miss
17
Chemical
1
Wood Conversion Co
Commercial
27
183/4
36%
7%
&
(N Y)
Co
Trust
Natl
Bank
23%
251/4
Minneapolis Gas Co
Shipping
I8Y4
1
43 Va
lOe
Co
Williams & Co Inc
Pow
36 y8
40%
42
20
Citizens
28%
21%
34
71/4
26%
2
Inc—
Mississippi
Dentists'
Disney
7*4
1
221/4
22%
1
Co
17 y8
34
1
10
Co
Gas
Eagle Oil
Whiting Corp
«
Connecticut
5
20%
21
Delhi-Taylor
Di-Noc
Cheni
Inc—
common
Laboratories
Miles
Co
Natl
Centl-Penn
23%
National Gas &
Internat
Western Lt & Telephone Co
Western Massachusetts Cos
39i/4
Chase Manhattan Bk (N Y )_12%
33
Oil Corp
1
Supply Co of N Y__2'/a
35%
16
Wyandotte Chemicals Corp_ -1
City Natl Bk & Tr (Chicago)-25
211/2
Detroit & Canada Tunnel Corp_5
331/4
8%
Commercial
303/4
1
16
1
5
Inc
8
Cleveland Trust Co
5
_5
14%
9%
11%
5
vtg
66
10
44'A
.10
11%
Miehle-Gross-Dcxier
1
com
Services
Wisconsin
541%
,41%
Manufacturing Co
Natural
36 ya
•
Wurlitzer
42
Michigan Gas Utilities Co
vtg
Harvester
11
Meredith Publishing Co
Cummins Engine Co Inc_
Jet
51
7'%
10%
Corp
81/2
Inc—1
Co
X34
6%
39%
lc
McLean Trucking Co cl A
16%
23%
1
Welex
9'%
62
1
5
Washington Natural Oas Co
41'%
8%
2ya
J6%
23%
5
73/a
38'%
com.l
Industries
15%
& Power Co_»
Cutter Laboratories
Detroit
Inc_l
7%
Copeland Refrigeration Corp
Detroit
—1
& Co
T
York"
New
Trust
Central
21 »/2
Co
(S D)
6%
6y4
(Newark) _25
Commerce
Camden
2Va
Elev
Warren
Co
Co
Manufacturers Tr Co
34%
13%
21%
Gas Co
A
183%
10%
Swasey
1
Co
Louis)
321/4
1
Corp
Herrington Co Inc
N
Broad St Trust Co
l2*/8
Inc..1
1
_
17'%
93/4
50%
1
Continental Transp Lines
Ltd
Prods
Automo
15%
Commonwealth Oil Ref Co Inc_2c
Common
48*4
471/4
Marlin-Rockwell
25 Ye
Colorado Oil & Gas Corp com
3
$1.25 conv preferred
—25
Connecticut Light
35%
451/4
1
Marmon
32%
231/2
com
Inc.
Colorado
33
16
I
A
Stores
.1
& Co
Manning Maxwell & Moore-12%
3OV2
common
Colonial
of
Bankers
Maremont
33 %c
Brothers
1
Gas
America
of
Bank
371/4
2IY4
Co
Co
Bank
14%
42%
23%
Uttl Co com cl A__33'/3C
Common
38'2
35
1
Warren
]
Francisco)
13%
6
,
13 V4
&
1
of
(San
39%
221/2
6
Co
Bank
•
Electric Co
&
Gas
McLean
Citizens
Co
Inc
Nat
States
1%
..__1
Macmillan Co
32 V2
•
Gas
Wagner Electric Corp
Warner
1
Corp
King
Boatmen's
131/4
22%
Corp
6'%
27
12'%
Par
7.
17%
10
Co
Serv
Co
Inc
Mfg & Sales Co
16%
10
Soya Co
Telephone
Steel
Star
30 y2
5
—
5%
25
Bank & Trust
69 34
11%
Ludlow
Public Utility Corp
Chattanooga
55%
34%
21%
21%
Co
Vt Pub
52'%
Mills
Fair
4%
321/a
23'/4
Gas
Central
23%
Is
Inc
6%
41/4
1
39%
&
Central
16%
22%
Vitro
8'/4
16
10c
Corp
Loan
20
3 Va
Central
15'%
Vanity
46%
7%
2'%
19%
61/4
Liberty
36%
Co
Louisiana
14%
18
1
43%
22
Gas
Central
5
25
Le Cuno Oil Corp
lo
Gas Co
Co
34%
_1
Central
Fibers
Co
10%
&
Central
Gloss
Blower
20%
Field Trust ctfs
Elec
5
50o
34'%
44
371/4
14%
41
Ltd—10c
Co
111
Inc
Corp of America
29'%
5
.
32%
Co__25
Ceco Steel Products Corp
Indiana
Co
39
,
Telephone Co_12'/2
Central
47%
35%
331/4
Koehring
34 Va
I10
Power Co__=o
Paper
44%
.?.
Corp.
Valley Mould A Iron Corp
Time Inc
...1
—1
Central
Thermo
27
-10
—1
Castings
Electric
391/2
Three
California
Central
37»/s
40%
Oregon
Cedar Point
Texas
371/2
Calilornla
Carpenter
103/4
16
._
&
9%
Co
__
Delhi
19'%
5
323/4
1
Inc
Gasoline Corp„1
National Petroleum
_1
Kendall
Inc
Wat
17%
Natural
17%
Corp
Canadian
Texas
50c
:
39%
16'%
Lau
Calif
2%
6%
preferred- .25
Co
Steel
Bullock's
Utah Southern Oil Co
6'%
7%
Beryllium Co
Buckeye
15%
Transmls
Industries
6%
Sharpe Mfg Co
Brunner
29'/4
14
Transmission
Texas
1
Inc.
$1.20
27%
Match
White
371/4
Kearney & Trecker Corp
Kellogg Co
9
Western
Gas_5
29%
Upper Peninsular Power Co
36 %
4
28
28'%
273/a
24'%
213/4
3%
Black, Sivalls & Biyson Inc com 1
30'%
26*/2
34%
1
Natural
28%
257%
23
20%
39
Kansas-Nebraska
12%
5
361/4
25%
22'%
Universal
Corp_7
Corp_5
Texas 111 Nat Gas Pipeline Co_i
Gas
24
24%
363/a
1
Eastern
53
34
1
Texas
Black Hills Power & Light Co —1
8*/8
37 y4
49%
25%
2.50
Transmls
Gas
Texas
City Public Serv Co
Corp
United States Sugar Corp
36
X
1
A Chemical
21%
Inc
58%
Kansas
U S Borax
7
10
Corp
24%
46%
—
Tekoil
231/8
43
Corp
Tampax
54%
common
«
Beryllium
25'%
$1.46
8%
5
8%
23%
1
Corp
21%
Lines
Line
22%
Corp
Corp
•
preferred
Kalamazoo Veg Parchment Co_10
Steel
Kaiser
207%
20%
Pipe
Pipe
Gas Elec Lt A Pwr Co_5
West Point
Tennessee
8
Berkshire Hathaway Inc
7'%
„1
—
A)
(O
199'%
12'%
23%
.10
11'/a
—5
__1
Corp_50c
Gas
23'%
Corp
1
Suburban Propane Gas Corp—1
Suntide
Refining Co
lc
Sutton
„1
—— —
26%
6%
United States Truck Lines Inc_l
Greene
Cobb
24'%
1
United Utilities Inc
25
Delaware Corp__1
& Co Inc
1
Strong
1
*
21%
non-voting
Works
—5
Co
Products
88%
9%
Towmotor Corp
Tracerlab Inc
33
Common
Stanley
8%
Inc
20*%
10
&
Home
—5
Inc
Bareco Oil
Stanley
Ask
28%
I-_1
Industries
2ya
Steamship
Standard Register
Struthers
1Co-
Utilities
Electric
Fruit
7'%
Bid
26'%
•
31
Co__l
Statler Hotels
Service Co__
Southern
Stand
13'%
Inc
1
&
21'%
161/4
—5
Services
common
Iowa Electric
20
Carbon
Far
Corp
2%
Tele
Co
14%
Freight Sys —1
Securities
Diver
1
Producing Co__1
States
13
45 %
Investors
Co__25
Sprague Electric Co
Staley (A E) Mfg Co
42
Textbook
1
Co
67 !:
International
Interstate Bakeries Corp
Interstate
Tele
Gas
63'%
21%
Jefferson
6%
Eng
Gas
44 y4
20
Jack A Heintz
Mfg
Union
41'%
19"
Inc
New
Southern
Speer
Indiana Gas & Water Co
Interstate
Corp—..10
Art Metal Construction Co__....10
Avon
14%
Co.-5
Partic preferred
Arizona
13'% y
._1
common
Southern
-1
Co
American Window Glass Co_12'%
Co__10c
Power
5
Breaker
29%
Develop
Colorado
-10
Circuit
27%
&
Serv
Water Co
Southern Nevada Power Co
Southwestern
ITE
_1
Amer
Pub
Calif
Southwest
28%
Pipe & Const Co
Oil & Devel CoilOc
Shore
Southern
Southern
a_.
.10
Hospital Supply Corp
Bid
19
1
Pulp & Paper Corp
—4
American Express Co
Amer
"
..5
Inc
Froducts
Air
6
_1
Corp
Ask
Bid
Par
.
Aerovex
Ask
Members: N. Y. Security Dealers Association
74 Trinity Place, New York 6, N. f.
CO.
NT 1376
The
(2138)
46
Commercial and Financial Chronicle
Monday, May 6, 1957
...
NATIONAL LIST OF OVER-THE-COUNTER SECURITIES
Quotations for Friday, May 3
Mutual Funds
Inc
Fund
Affiliated
1.86
Insurance
Par
Intl
Fund
Resources
of
5.99
6.48
4.05
Co
Par
5.24
1
9.42
10.30
11.53
6.32
American
Business
3.80
Boston—1
10.55
American
Mutual
8.57
9.37
Jefferson Custodian Funds Inc.l
5.77
1.54
1.69
Johnston
(The)
16.52
18.04
Keystone
Custodian
Associated
Shares
1
Fund Inc___l
Trust
•
Fund
of
Mutual
Fund
1
Inc
Mutual FuncLl
5.62
6.11
B-l
(Investment
1
24.44
25.50
8.88
B-2
(Medium Grade Bonds)_1
23.69
25.85
4.08
B-3
1
17.22
18.79
Axe-Science & Elect'nics Corp lc
10.40
11.30
B-4
(Low Priced Bonds)
(Discount
Bonds)
1
10.06
10.98
K-I
(Income Pfd Stocks)
1
Mutual Fund Inc—1
Americ'h
*
11.63
12.64
K-2
(Speculative Pfd Stks)__ 1
20.96
22.54
S-l
Inc__-.^—_—-—.1
16.08
17.38
-10c
9.82
1
Fund
Boston
8.64
9.43
13.72
16.17
17.65
5-2
(High-Grade Com Stk)—1
(Income Com Stocks)—1
11.62
12.68
10.61
6-3
(Speculative
13.95
15.22
22.19
23.99
S-4
(Low
Com Stk)—1
Com Stks)_l
10.15
11.08
1
13.12
14.38
Keystone Fund of Canada Ltd.l
12.56
13.59
1
Bowling Green Fund—
Broad
7.10
Bullock Fund Ltd
Priced
Knickerbocker
Inc
Fund
California
Fund
General
Canada
Inc.
Venture Fund
Century Shares Trust
Chemical
Fund
22.07
Life Insurance Investors Inc—1
8.67
Loomis
5 90
6.46
Managed
23.15
25.03
135
.
Stk
Insurance
7.93
Sayles
Insurance
Aetna Life
Bid
10
Co
10
69%
.———10
186
10
37%
Liberty Nat Life Ins
27 Cu
25Va
27%
4%
4%
American
Fla)
Home
1
Assurance
Co_5
33
28
2.54
Metal
4.35
3.87
lc
10.13
11.00
3.85
4.24
1
9.23
10.03
Petroleum
lc
3.48
13.15
14.29
Special Investment shares—lc
2.81
3.10
Fund
1
Inc
Investment
17.23
18.73
Manhattan
1
15.49
16.83
Massachusetts
13.48
14.57
Mass
17
18 '/a
—
Fund
Composite
Concord
1
—1
Inc
Fund
Inc—
Inc
Consolidated Investment Trust-1
Dividend
De
6.88
Income
Fund
7.53
Inc
Investment
14.69
14.84
Mutual
74
Dividend Shares
13.o7
Balanced
Fund
9.73
16.52
18.70
2.74
3.00
9.40
10.22
—————-J
Fund Inc
—5
Fiduciary Mutual Inv Co Inc—1
Financial Industrial Fund Inc_l
Founders Mutual Fund
•
Funds Inc—
series——lc
series
lc
Fundamental Investors Inc
2
Futures Inc
1
Gas Industries Fund Inc
1
General Capital Corp
1
General Investors Trust
-1
Franklin Custodian
Investors
National
stock
stock
Balanced
Bond
21.44
J®
J®
shares—.
1°
lc
1°
(The) Stock Fund-lo
Building shares
Capital Growth
Chemical
Fund
shares
Common
Electronics
23.96
10.52
11.37
——1
11.11
1
6.31
4.27
4.67
1
7.95
5.78
33%
18 %
20 Va
Merchants &
4
11%
10
55
59
J»_10
23
6.25
Bankers & Shippers—
Bankers Natl Life Ins
Beneficial Stand
Co__l
Ins
17%
5
Life
Ins Assn
Life
Ins
of
33 Va
35%
J)__5
Amer
Life
Natl
Connecticut
(N
Ins
General
10
Casualty
121
78
255
Nationwide
New
5
115
121
82%
Series-—:-—.
Stock
Growth
New
7.10
7.36
New
14.50
15.68
15.98
17.28
3.98
7.95
8.64
—1
8.22
York
of
v
11.51
6.71
7.35
18.19
3.26
3.54
14.79
16.16
12.80
7.87
Ltd
6.42
Shares
34 V4
Fidelity & Deposit of Md——10
Fire Assn of Philadelphia
10
86
43
Pine
„1
Inc
53
56 %
Newark——7.50
36%
38%
4
107 Va
111%
Pioneer
Price
Fund
Fund
(T
9.91
10.42
11.39
13.52.
14.82
9.09
9.92
1
22.36
22.58
—2.50
Inc—
,-14.78
16.07
11.81
32.13
6.45
6.97
(Geo)
Fund
1
12.73
13.84
Science
&
1
12.07
13.12
6.04
6.63
8.79
9.63
12.26
Scudder
13.42
11.47
12.56
Fund
Seudder,
of
Funds
Canada
Stevens
Inc—1
Pacific
Indemnity Co
5
21 VB
22%
10
67%
71 %
90%
Providence-Washington
1Q
18%
20 VB
Reinsurance Corp (N Y)
2
Republic Insurance (Texas)—10
12%
13%
49
53'%
Stock
Fund
7.26
7.96
Selected
5.80
6.36
Shareholders Trust
8.76
9.60
Smith
Southwestern
lc
7.92
8.68
15.34
16.79
shares—lo
8.50
8.86
State
lc
lc
10.39
11.38
Stein
8.79
9.63
lc
12.70
shares
bond
Institutional
Bond
Merchandising
shares
shares
Mining
shares
Petroleum
RR
20 Vb
5
36%
Sovereign
8.89
29
Investors Inc
12.12
1
Hanover Fire
10
Hartford Fire Insurance Co
10
lo
74%
40%
42%
Insurance
12.18
25 J/4
lc
10.62
lc
17.82
19.50
4.14
4.55
8.87
Fund
United
17.73
1
Inc
8.71
1
V
-
.
16.46
17.20
Texas
9.72
15.98
Co
Hamilton Fund3
1
Inc—
'l
-
*
9.52
^
of
10c
4.30
Series
10c
Accumulated
Haydock Fund Ir.c
1
Fund—1
Income
Fund of
Incorporated
Incorporated
Boston
Income
Inc
2.53
8.87
8.12
1
8.63
Institutional
Bank
Inst Foundation
Institutional
lo
10.35
11.33
10.40
11.39
12.46
Fuod.lc
Institutional
Income
Fund_lc
Institutional
Insur
Fund
lc
22%
83%
86 Va
70%
74%
3
26%
28
Y
2
29%
31
Fire
2
28%
30%
Co
in
Amer__5
101
City
105
of
N
Westchester
Ask
one
or
32nds
more
Federal Land Bank
the
of
point
a
3%s
1957
99.30
July
15,
l%s
Oct.
1,
3%s
100
Feb.
14,
Bonds—
100
100.2
2%s Nov.
100
100.2
16,
2.70s Oct.
3.95s
15,
Jan.
1957—
1957
15,
_____
1958
wi—
100.2
■?-.
2%s
May
1958—i
.____
Natl
3.35s May
Mortgage Assn20,
4s
1957—
99.31
—
May 1,
15,
1957
100.1
100.4
4%s
Feb.
4%s Sept.
20.
1957——
100.5
100.8
3%s
Sept.
2%s Jan.
20,
1958—
Feb.
10,
1958
Mar.
10,
99
97.24
97.2
96
______
96.6
99.26
99.30
96
1972-1967
—
1972___
...
97
101%
101%
99 %
100 %
99.6
99.31
______
1958
99.2
95.28
—
1971
15,
97.14
100.3
100.4
96.24
1962—
1,
99.31
95.22
I960.
3%s May
99.8
98.24
1, 1959—
100.1
100.4
99
100
:__
1, 1958
1,
Ask
100
__
2%s June 1, 1960
Federal
Bid
1957—
1957—
2%s May 1, 1958—
3%s May 1, 1958
100.1
103.1
Central
100.4
2s
Bank
June
3.80s
for
Cooperatives—
1957——j
1,
_
99.24
100
99.28
100.2
99.31
100.1
99.31
_
Nov.
1957—.
1,
__
100.1
U. S. Certificates of Indebtedness & Notes
Maturity—
Certificates
Bid
of
11.42
12.41
3%S Feb.
8.21
11.04
Science
Fund
1
11.33
12.38
l%s
1
17.36
18.87
Indebtedness—
5.83
6.37
14,
2%s Aug.
1
Ask
100
_
—„
1958.
100.2
100.2
100.4
99.28
Funds
Canada
Ltd
Fund
Van
Income
Fund
Inc—1
5.48
5.99
10c
&
99.30
Fund
11.00
7.22
Investing Corp
Washington
Investors
7.89
8.50
Bid
Ask
IV2S Oct.
1,
1%S
15,
Feb.
97.16
1959——
99.31
99.29
99.31
l%s
99.22
99.24
IV2S
April
1957
99.10
99.16
IV2S
Oct.
98.16
98.24
99.11
97.24
97.11
1958
l'%s April 1, 1959
1%8 Oct. 1, 1959
IV2S April 1, 1960
3%s May 15, 1960
97.13
96.20
96.28
95.24
94.28
99.28
—
96
94.20
99.30
99.13
1,
—
1958
15, 1958
——
93.20
93.28
1961—
92.20
92.28
1961
IV2S April 1, 1962——
91.20
91.28
90.24
91
Oct.
1,
1960
1,
1,
—_
Inc
Wellington Fund
1
13.24
14.43
7.06
7.73
Whitehall
Fund
Inc__
1
11.88
12.84
12.82
14.02
Wisconsin
Fund
Inc
1
5.24
5.66
Federal Intermediate Credit Bank Oebentures
Rate
Dated
3.625 %
Due
Bid
Ask
Dated
Rate
Due
Bid
Ask
9-
4-56
6-
3-57
100
100.2
3.8753.
1-
2-57
10-
1-57
100
100.3
10-
3.75%
1-56
7-
1-57
100
100.2
3.875%
2-
1-57
11-
1-57
100
100.3
100
100.2
3.75%
Bonds-
American
Tel
&
Tel
4%s_1980
4%S—1985
Appalachian Elec Pwr 4%s_1987
Bm-lincton
Calif
Industries
Electric
Power
4%s_1975
4%s
1987
Ask
102%
103 %
1-57
100
100.2
3.803
5-1-57
11-
1-57
9-
3-57
100
100.2
3.70%
3-
1-57
12-
2-57
99.29
4-
1-57
1-
2-53
99.30
100.1
99.30
100.1
103 y8
103 %
78%
79 3 i
3.90%
Bonds—(Cont.»
Rid
Potomac Elec 4%s_
Pub Serv
k—
99%
8-
3-56
Security Issues
Bid
Can
1-56
12-
3.80%
Aluminum Co of
11-
3.75%
Recent
Co
Pub
El
&
Serv
Sears
102%
101 VB
101%
4s/8s
1977
United States
Acceptance—
1977
98 VB
981
Ferro
Corp 3%s
1975
Fruehauf Trailer
4s__
3%s
1976
1975
Dollar Value
78
79 Va
Sheraton
Co
1967
86 Va
88
101%
Southern
Calif Edison 4%s_1982
101%
102
May
1S57
99.975
99.977
June
100'%
101
May 16. 1957
99.917
99.922
June 27,
July 5,
Hotels
Ilinois
Bell
Lowenstein
4%s:
1970
Telephone 4%s_1988
(M)
&
79%
Textron
M
eller
79*2
4%s
5s_:
1987
88
1976
106
New Orleans Pub Serv 4V/2S_1987
100%
1975
99%
S Industries
100
Universal
102
Western
80%
101 34
92
108
1
Ask
Bid
24,
99.858
99.868
May 31, 1957
99.792
99.802
July
1971
119
122
June
6.
99.743
99.750
July
1970
5s
104
108
June
13,
1957
99.685
99.694
July 25,
June
20,
1957__
99.628
99.638
August
1971
5%s
Corp
4%s
Match
Mass
69 Va
70 Va
1957
Elec
4%s
1976
94 V4
95 V4
1987
99 VB
57
58'/a
*No par value
+Ex-100% stock
Common
'
100%
Power
20g
32 Va
32%
iEx-2-for-l
6.16%
Potomac
103%
pfd—50
49%
1957
___
&
Light—
pfd
Electric
pfd—50
Airlines—
2.44%
a
104
50VB
Net
asset
k Admitted
Stock
d
value.
to
listing
Exchange
x
on
the
New
York
yield
"
Ex-dividend,
wl When
y
price.
stock.
issued.
Ex-stdck
dividend.
99.412
99.344
99.275
Ex-rights.
t New
99.468
99.336
1957.
b Bid
dividend
split.
99.517
99.396
1957
1,
99.588
99.454
1957
FOOTNOTES FOR OVER-THE-COUNTER ISSUES
Arizona Pub Serv 4.80%
Pacific
1957
18,
99.605
99.503
1
1957
11,
Ask
99.594
99.574
1957
99 Va
100
5s...
KLM Royal Dutch
Brass 3%s
Can
101%
1
Bid
9,
Stocks—
1931
National
97
Amer
Underwood
Sons—
43/aS
Mississippi Power
4%s
92
U
Hilton
Am
May 23, 1957
90
78%
105
100
Treasury Bills
101
ol
3-58
Dollar Value
a
Southern Counties Gas 4%s 1982
capital
Airlines
4 Vis
1976
Commonwealth Edison 4%s-19c7
2-
101
4%s
99%
1-57
102%
100'a
Gas
Roebuck
5-
Ask
1982
Okla 4%S-_1987
of
'
9.29
Mutual
Fund
point
a
11.99
1
of
Stock
Inc
Street
32nds
Notes—(Cont. )-
1957
1,
April
^___
1957
more
3.04
1
Towne
2.78
1
Strum
1%S
1,
15,
Oct.
2%s June
Situations
Inc
Aug.
l%s
1957
or
99.30
_____
Treasury Notes—
May 15,
one
Maturity—
Treasury
8.97
10.16
Line Special
11.37
Growth
59%
21
Fire
100.3
1
Wall
lc
Fund
Fund
56
8
Y)
Fidelity & Guaranty Co—10
S
U S Life Insurance
100.3
10.24
Institutional Shares Ltd—
48'A
...5
100
Fund Shares.l
Line
9.43
9.47
(N
100.1
2s
2.76
1
45%
10
...
Trust
100
Sept.
Continental Fund
Value
1
Fund
Investors
&
3.70s
Income
Value
Income Foundation Fund Inc 10c
Guar
3%s June 17, 1957
3%s July 15, 1957
United
Value Line Fund Inc
a24.16
10
U S
Loan Banks—
15,
May
United
4.70
a4.26
H-DA
North
3%s June 24, 1^57
3%s Oct. 1, 195/
Funds Inc—
United
United
Series H-C7
32'%
U
163
Bid
United
Guardian Mutual Fund Inc
156
Figures after decimal point represent
9.69
lc
69 %
30
13.28
23%
Templeton Growth Fd of Can—1
lc
60 %
65
10
Obligations of Government Agencies
11.76
Television-Electronics Fund
Industry Shares Inc—1
39%
37%
Figures after decimal point represent
41
11.12
6.86
shares
Standard Accident
Title
78 %
5
Home
a29.90
2.81
Utilities
57%
10
13.73
Sterling Investment Fund Inc.l
6.25
Tobacco
6.25
13.25
12.54
38 >/2
1
Investors
Street Investment Corp—*
Roe & Farnham Fund—_1
2.55
Growth
Marine
Travelers
9.61
lo
shares
&
Surety Co
61
15.24
lc
stock
Fire
57
12.50
13.91
shares
shares
Paul
3%s Sept. 3, 1957_:
3%s Oct. 15, 1957—
11.44
shares
Steel
10
.
Insurance Co
38%
27 %
5
—
American
4.10s
1
of Boston
Fund
B)
52 Va
—
1
1.25
Shares
Amer
(Edson
Bond
Railroad
34%
Gulf Life (Jacksonville Fla )_2 %
!
Security (New Haven)
Springfield Fire & Marine
a24.14
1
equipment
Railroad
St
55
51
-___5 '."31%':'.
13.91
General
Peerless
Clark—
&
lc
Industrial Machinery shares_lc
a35.97
•
Stevens
58
Phoenix
18%
4s
Fund Inc
Scudder,
50%
Clark
&
94
54%
40%
3.90s Aug. 20,
Nuclear
lc
administered
10
83 %
10
28%
32.45
I
10.15
10.78
1
Inc
Inc
shares—lc
shares
Fully
Corp
10
f
Fire
2%s Feb.
Fund
Fund
79%
Pacific
Stock
Growth
Puritan
Common
Equipment shares
Food
—
10.83
•
Inc
Inc
Rowe)
74%
(Minn)
-4%
3%
2.50
Glens Falls
3.20s
1
Street
8%
12.50
'■■■■
45 ?8
Fireman's
36 V4
Corp—
Fund
37%
7%
&
Securities
Securities
28 %
3.33 Ys
Northwestern National Life
37%
21.76
Inc
Peoples
42%
26%
35%
60%
26%
Federal Home
Philadelphia
39
5
7.02
20.13
-1
Over-The-Counter
13.84
7.24
1
1
Chemistry
Electronics
Fund
10.50
16.60
Series
Fund
Canada
10
2.50
57%
4
Capital Fund
Nucleonics
Fire
Fire
8.98
4.36
England
16%
49 %
Northern
Federal
Republic
40%
15 Vb
46 %
River
Insurance
Franklin Life
37%
5
5
Northeastern
69
General Reinsurance
33%
83%
2
90%
65
of
12 %
A
10
F)
v
Casualty
Hampshire
North
58%
79
86%
Eagle Fire Ins Co (N J)
1.25
Employees Group Assoc—
•
Employers Reinsurance Corp—5
(S
10
5
Co
Crum & Forster Inc—
Fund
31
Corp class
York
New
266
Co
Co——5
National Union Fire
128
2
Fire
New Amsterdam
30%
10
Life
Assurance
28
Life Ins
National
26%
19 V/.;
Boston Insurance Co
Camden Fire
Manufacturers
Monarch
—!
(N
Fire Assurance
6.32
Series
Series
Stock
5.50
Casualty
Bonding
8.69
1
14%
102%
217
6.90
1
Series
Stock
174.38
Electrical
&
20.59
98%
38%
Hartford Steamboiler
19.03
13%
209
54
Great
3.71
10.17
Series—
Income
22.93
Corp——.—1
Series
5.03
9.26
shares
Automobile
3.41
Putnam
Securities—
Aviation
al4.73
10
36%
Globe &
Security Series—
172.64
————
Group
10.56
—1
Wide Securities Co Inc.l
Nation
Preferred
22.41
Fidelity
Preferred
9.62
—1
Corp
Dividend
Investment
Common
Shares
National
—————1
Corp—1
Energy Fund Inc——10
Equity Fund Inc
20c
Stock Fund
Electronics
1
of beneficial interest—
Howard-
&
Eaton
Inc
21.05
1
20
31
14.8 7
8.88
2.50
_—
12.10
19.47
Mutual Trust Shares
12.01
Fund—1
Fund—1
—
—
Fund
Inc
10.92
Diversified Trustee Shares—
Dreyfus
Fund
71
1
Growth Stk
E
Invest
11.19
Inc
1
Seaboard
interest—1
25 Va
5
Fund—
1
25c
Diversified
7.80
12.64
Companies
17%
%
23
5
Firemen's
33'/fee
Life
of beneficial
Units
3.41
7.12
Stock
1
Fund
Diversified
Series
Growth
3.09
11.69
Inc—10c
Trust
1
Vegh Investing Co Inc
Vegh Mutual Fund Inc
Delaware
..lc
Fund
Investors
Investors
Mutual
De
Bond
Massachusetts
Investment Inc
Fund——-1
Western
Crown
.
.
shares
Transport shares
Composite Bond & Stock
Fund
shares..-
Pgper
2
Merchants
3.84
Commonwealth Stock Fund——1
Colonial
Commonwealth
37%
16%
(Birm)—
common
Maryland
3%
3
2.80
3.95
(Va)_5
Life Insurance Co of Va
Lincoln National Life
29%
Continental
3.51
lc
shares
Corp
Massachusetts
Columbian
Electrical Equipment shares_lc
General Industries shares—lc
140
Life
Ins
28 Va
Colonial
6.09
New
Title
26Va
15 Va
5.53
87%
American Surety Co
Mercury
10.96
lo
Ask
(Wash D C)___1
American Re-insurance
_5
Amer
Continental
shares
Bid
83%
35
37%
'Newark N J)„2V2
Amer Ins Co
Y__10
194
25
(Jacksonville
Ins—10
N
of
35
14%:a43.49
Life
5
10.03
Fund—*
Mutual
Standard
Jersey Insurance Co
Fidelity & Casualty_5
$1.25 conv preferred—.
5
Amer Heritage Life Ins—
11.56
5.98
73
Lawyers
6.67
5.48
Par
Jefferson
29%
12.64
Inc—1
Fund
Ask
131
27%•
6.08
Funds-
Automobile
16.64
18.00
50c
com__100 14.300 14,900
Inc
Preferred
■
Life
1
1
1
Inc
Securities
Christiana
.
14.90
20.40
Growth
Ltd
Capital
13.78
Lexington Trust Fund
25o
Lexington Venture Fund..—-—
1
Fund
International
Fund
1
Fund
1
Ltd
(1954)
Canadian
Canadian
Aetna
Surety.
7.76
Investment
Street
Bonds;
'12.57
Tr of
Inv
&
American
Funds—
8.17
Bond
Casualty
Agricultural Insurance Co—
American Equitable Assur
a2l.45
3.73
"A" Inc__l
"B" Inc—5
Axe-Houghton Stock Fund Inc-1
Axe-Houghton Fund
Axe-Houghton Fund
Blue Ridge
Aetna
—
Development
Atomic
Companies
Ask
4.79
America
Investment Trust
Investment
Inc
Bid
.-lc
Mutual Funds—
Ask
1.69
25c
1.25
Fund
Aberdeen
Bid
Par
Mutual Funds—
99.282
Volume 185
Number 5635
The Commercial and Financial Chronicle
...
(2139)
THE COURSE OF BANK CLEARINGS
Bank
liminary figures compiled by
based
us
a
of the country, indicate that for the week ended
5.0% above those of the corresponding week last year.
against $23,604,735,538 for the
at $24,779,290,341
Pennsylvania—Altoonk
Bethlehem
.
Our comparative
for
summary
*
Week Ended May
BY TELEGRAPH
1957
■
York
New
Chicago
6,013,699
+
1.4
9,040,323
5,731,412
3,091,187
5,017,620
+ 24.5
3,049,550
7.2
3,409,974
6,92o,728
14,548,712
+ 49.0
14,741,395
8,242,636
1,254,966,273
1,356,378,283
6,941,523
17,872,231
18,764,640
—_
+
+
3.6
1.269,000,000
+
3.3
1,311,000,000
Boston
788,228,411
Kansas City
715.197,505
395,676,150
+
San
Francisco
379,500,000
^
720,417,000
Pittsburgh
__
0.1
+. 1.7
•
13.6
51,334,200
_
'
Youngstown
+
8.7
•+
6.3
Total
(7 cities)
1,382,624,891
—
•'
621,532,624
564.894,019
+ 10.0
367,991,977
363,289.043
+
+
5.8
west
+
2.2
Virginia—Norfolk
5.9*
436,0_4,227
42,947,200
49,111,500
423,720,620
8,698,765
8,38j,750
367,783,175
1,275,905,457
1,099,9.79,533
—11.9
453 827,845
+
0.5
Jl,367,171,419
•
' •*.. '
+
10,366,048
12,085,158
*
8.9
—
'"
1.1
1.3
$19,599,967,163 $18,519,743,092
7,591,528
227,890,939
515,027,299
v
12,903,081
456,139,087
-
9,873,484
255,721,348
3.0"
+
—
13,824,551
14,170,714
12,181,934
•
—
Pennsylvania—Pittsburgh
501,001,043
>
575,590,618
558,935,038
48,470,300
1.8
+
267,325,250
-
Mansfield
,
662,559,119
532,649,334
^
".
Cleveland
7,3/u,534
11,391,618
+
10,617,721
262,417,238
:__
Cleveland
Columbus
385,800,000
__
+17.2
1,288,553,674
12,058,733
Cincinnati
+ 10.2
395.725,161
___
*.
Louis
+
i~
1,510,469,252
Ohio—Canton
.
St.
18,675,386
12,593,240
Fourth Federal Reserve District—Cleveland-
6.1
1,151,079,089
.1,192,409,174
Philadelphia
+ 18.7
3,992,117
1956
$13,284,213,482 $12,517,547,124
—
4,304,025
1,308,000,000
6,099,135
_
_
cities)
(11
1,626,657
4,799,738
1,193,000,000
3,705,557
1.0
Jersey—Trenton
Total
-
•
6.3
+ 17.3
+
.
CLEARINGS—RETURNS
+ 12.4
—
4,200,477
_
Delaware—Wilmington
New
1,222,187
1,229,000,000
.
Wilkes-Barre
1,438,538
1,194,113
1,907,442
1,442,000,000
4,242,4 1 6
.
Scranton
$
1,698,291
1.2
—
3.849,079
Reading
York
2,222,647
3,775,315
Philadelphia
At this center
$
—15.8
3,146,981
1,731,534
4,030,903
1,945,458
.
1954
1955
Dec. c/o
1,870,409
Lancaster
April 27
Inc. or
$
3,109,086
_
Chester
Our preliminary totals stand
the week follows:
-
week Ended
1956
$
clearings will be
week in 1956.
same
gain for the week ending Friday of 6.1%.
a
Pre¬
Saturday, May 4, clearings for all
cities of the United States for which it is possible to obtain weekly
there is
year ago.
telegraphic advices from the chief cities
upon
Third Federal Reserve District—Philadelphia1957
clearings this week will show an increase compared with
47
Baltimore
V.,
.
.
Fifth Federal Reserve District—RichmondTen cities, five days
-
,
Other cities, five days
4,332,769,315
4,237.493,705
Richmond
4,485,356
21,461,146
196,967,389
7,326,718
._
—
Total
all cities, five
cities,
one
Total all
days.
$23,932,736,478 $22,757,236,797
cities for week__
Complete and exact details for the week
in
issue of next week.
our
ends
We
0.1
cannot
covered
furnish
Saturday and the Saturday figures
are
them
"1,
by the foregoing will
week
not available at time of going to press.
Nashville
which
present further below,
we
able to give final and complete results of the previous week—the week ended
;
—
Georgia—Atlanta
Augusta
_
For that week there
the whole country
this
at
center
Federal
an
increase of 0.6%, the aggregate clearings for
Total
Outside of this city there was a gain of
showing
decrease
a
5.9%.
of
We
the New York Reserve District
cities according
and from this
note
we
(including this city) the totals register
5.5%, but in the Boston Reserve District the totals
Philadelphia Reserve District of 17.2%.
record
an
to
the
that in
decline of
a
0.5
24,095,421
22,480,863
7.2
113,324,393
7.1
342,050,000
96,727,310
289,100,000
Reserve District of 2.2%.
improvement of 7.4%
The Chicago Reserve District has to its credit
and
—
0.1
—
5.8
5,059,201
+16.9
186,436,742
7,846,373
4,357,658
156,692,610
126,493.436
increase
an
4.5
170,122,737
10,154,858
+
7.9
612,130
8,778,37a
432,654
200,525,738
+
2.4
188,487,290
160,513,230
1,117,987,223
+
6.0
1,046,136,778
873,422,515
—',
Haute
—
furnish
we
a
summary
Decatur
11
V
" '
12 cities
i
$
4
1955-
Dec. c/o
943,537,136
878,612,424
10,410,398,875
"
_10
;—
Inc. or
/$
$
11,012,890,385
+
14,288,461
—
6.8
1,6
"
7.4
2.6
7,392,607
3,165,659
'
'
97,843,705
4,712,683
33,184,269
14,877,644
—16.8
1,546,435
1,333,419
+ 15.7
1,026,093,179
922,906,453
6,0/1,748
+15.4
5,889,0t>4
4,424,16a
13,128,504
8,219,991
13,291,525.
11,738,997
—10.6
8,163,181
5.6
4,776,997
4,98*,965
1,377,851,839
+ 12.5
1,366,561,455
1,213,044,319
5,047,359
——
cities)
1,550,074,048
——
10.895,517
1.2
9,189,649
5,3i5,147
—
—
'
8,664,053
■.
1956
1957
—
2.9
5,259,219
—
Springfield
SUMMARY OF BANK CLEARINGS
Week Ended April 27—
+
-1,667,104
1,021,553,142
—.
(17
—
'
«..1954
k
820,572,465
764,396,073
5.5
10.568,052,188
10,375,770,355
11
"
J 1,510,469,292
1,288,553,674
+17.2
1,254,966,273
1,356,378,283
4th Cleveland
7
"
1,382,624,891
1,367,171,419
+
1.1-
1,275,905,457
6
"
752,746,269
688,140,809
+
9.4
635,540,584
562,501,788
""+
362,100,000
V-
—:
Kentucky—Louisville
i____
»
-
Tennessee*—Memphis
368,000,000
193,666,531
131,732,258
2,539,794
193,561,119
■123,449,086
2,315,087
690,033,583
Louis
Missouri—St.
687,325,292
—
—
1.6
350,700,000 i
175,414,805
i
0.1
;
'
314,900,009
154,656,005
75,701,511
/
+
6.7
+
9.7
-.-110,646,891
2,237,843
+
0.4
638,999,539
547,320,739
—12.0
7,799,011
-
-
1,099,979,582
5th
J
.
Eighth Federal Reserve District—St. Louis—>
:;■>
7.4
+
—
7,977,629
65,379,009
10,021,638
4,099,113
118,616,222
5,760,974
42,580,332
r
.15,316,676
1.387,663
1,182,318,900
Chicago
Total
+
42,893,320
,
Illinois—Bloomington
by Federal Reserve Districts:
74,439,000
6,261,800
*
:
9,135,032
2.7
+ 22.1
6,366,830
fS'Sft'Z??
—————-J-
City
1,785,599
14,743,914
8,775,u53
—12.0
3,775,248
128,579,194
3,667,572
Des Moines
1,784,128
15,897,442
10,703,045
—11.4
9,016,462
137,288,040
v
■
5.3
1.4
—
—
11,358,817
74,869,000
H'SiS'ZS?;
—
Iowa—Cedar Rapids
Sioux
2,746,409
17,534,769
10,117,543
8,966,401
9,996,933
70,860,000
Peoria
following
5,794,006
+16.0
185,127,391
12,042,793
*2,600,000
-
Bend
Terre
in the Minneapolis
In the Kansas City Reserve District there is
~
Boston
5,552,501
4,903,223
203,541,203
1,184,533,628
Rockl'ord
1st
V
545,636
>
••
.
...
Indianapolis
District of 6.0%.
2nd New York
.
—
Indiana—Fort Wayne
2.2%, in the Dallas Reserve District of 3.9% and in the San Francisco Reserve
In the
5,552,334..
205,251,556
,
—
Lansing
In the Cleveland Reserve District
gain of 12.5%, in the St. Louis Reserve District of 0.4%
of
362,501,788
+
505,662
Wisconsin—Milwaukee
Cleveland Reserve District by 6.0%.
a
." 635,540,584
Seventh Federal Reserve District—Chicago-
larger by 1.1%, in the Richmond Reserve District by 9.4% and in the
are
9.4
+
4,616,406
—J,—[
Michigan—Ann Arbor
Grand Rapids
South
the totals
+
+
237,953,736
176,863,193
~t
,
Orleans
.
29,216,074
13,969,542
(10 cities)
7.0%, the bank clearings
the
group
Reserve Districts in which they are located
and in the
Mississippi—Vicksburg
$9,365,707
\ 272,477,431
.
•
--
.
,____
Alabama—Birmingham 'L
Mobile
i-ii
Louisiana—New
113,018)377
having amounted to $21,354,598,904 against $21,231,995,985 in the
week in 1956.
same
was
6,041,077
317,782,078
0.5
4.4"
+
.120,972,638
355,600,000
_
April 27.
4,613,463
+19.0
—
*29,361,887
—
Florida—Jacksonville
'
'
345,106,019
116,268,246
688,140,809
3,352,441
16,104,003
''166.588,747
129,719,338
380,700,000
w's
_
V
'. 752,746,269:',/.•
.
Macon
the elaborate detailed statement, however,
we are
cities).*—
Tennessee—Knoxville
has to be estimated.
cases
(6
-
Sixth Federal District—Atlanta—
appear
the
as
Total
+>>
*
Columbia—Washington..
District of
5.0
+
today, inasmuch
Accordingly, in the above the last day of the week in all
In
847,498,741
7,650,167;
410,801,493
115,669,938
Carolina—Chai'ieston_
Maryland—Baltimore
846,553.863
$24,779,290,341 $23,604,735,538
;__
South
5.2
"-'■t
day
i
1
175,172l,021!
2.2
—
3,777,031
19,750,000
-+14.1
"
All
A
+ 22.3
3,666,537
18,805,900
.'192,678,169
Virginia—Huntington
"
3rd
Philadelphia
Richmond
"•»'
Cth Atlanta.
10
7th Chicago
.——17
"
4
"
7
"
9
8th St.
1,117,987,223
1,377,851,839
690,038,583
687,325,292
540,248,895
528,370,113
"
597,833,740
584,686,037
+
6
"
530,752,343
510,827,265
+
3.9
1-10
"
1,261,336,204
1,189.579,505
+
6.0
Louis
9th Minneapolis
10th
1,184,533.628
"Jl,550,074,648
Kansas
.1
City
—
llth Dallas—12th San Francisco
Total
109
Outside
'•';.
New
We
York
week ended
"
1,046,136,778
1,213,044,810
+
0.4
638,999,539
2.2
499.341,077
437,992,181
2.2
592,888,032
559,411,183
542,781,723
428,405,555
v
1,139,317,782
956,122,771
21,354,598,904
April 27 for four
21,231,995,985
+
0.6
20.381,063,3^3
19,174,745,835
10,625,386,130
+
7.0
10,211,843,242
9,129,517,858
years:
North
Week Ended
Inc. or
1956
.
1954
$
S
First Federal Reserve District—Boston—
_
Omaha
__
Massachusetts—Boston
Fall
New
New
5,809,987
739.979.176
+
7.0
692,350,670
650,311,490
3,988,074
+
3.6
3,604,821
1,660,811
+
5.9
1,290,586
3,483,610
+15.6
3,839,509
16,056,313
15,555,064
+
3.2
13,489,123
11.494.231
+
7.7
9,392,735
9,261,701
38,275,324
36,775,824
3,501,549
1
Hampshire—Manchester
22,028,040
+ 32.3
18,637.292
15,124,886
29,284,000
+
1.9
28,878,300
23,619,400
2,459.386
_
Island—Providence
+
29,834,500
_
39.695,640
2,103,068
+ 16.9
1,937,528
10,608,075
10,153,295
2.2
499,341,077
437,992,181
7.5
:
—
929,106
820,583
610,493
8,913,235
8,843,353
3.3
142,055,533
160,455,455
8,568,034
8,869.920
St. Joseph
9,181,534
8.9
29,843,741
6.9
26,503,904
19,816,004
2.3
386,243,275
6.6
12.283,537
343,585,230
10,174,831
8.2
5,963,555
391,293,417
11,796,944
6,115,951
City
-
Springs
Pueblo
11,064,804
5,650,807
ta)
597,833,740
Cities)—
584,686,037
3,427,933
3,000,740
(a)
<a)
——
(9
1
1,234,490
1.0
9,996,875
_L:
Colorado—Colorado
Total
.
7.8
671,529
27,786,325
Kansas—Topeka
+
2.2
7.1
559,411,133
592,888,032
878,612,424
7.4
820,572,465
Eleventh Federal Reserve District—Dallas—
Texas—Austin
Dallas
:
.
+
4.1
436,257,808
34,690,664
J ,004,000
8,226,689
14,106,191
6.5
39,695,751
530,752,343
510,827,265
8,635,173
11,367,345
463,206,377.
+
—
9.746,949
453,966.497
36.940,637
6,596,000
7,555,765
15,946,495
-
_
367,303,852
29,749,833
5,900,600
764,396,073
6.7
Fort
woHh.::-;:::::::
Galveston
Wichita
+
Falls
:
t
Louisiana—Shreveport
Total
(12 cities)
6.8
2,035,307
943,537,136
_
+
+
1,197,149
I
29,140.380
__
__
42,360,320
3,052,034
4,662,114
1.7
11,432,043
12,376 156
'
_
Haven
Total
2,274,703
6,300,719
1,758.882
_
_■
Connecticut—Hartford
New
2.575,858
5.2
4,027,772
_
Springfield
Rhode
3.4
+
4,131,699
_
Bedford
Worcester
+
6,697,680
791,611,429
River
Lowell
2,643,030
7.047,112
__
3,382,297
5,170,690
+
7.852,936
137,055,039
141,642,184
—
6,277,923
-
7,281,670
3,923,743
"
City-
7,776,305
•
-
2.4
528,370,113
811,759
618,980
J
—
+ 14.2
—
11,711,514
540,248,895
-—-
Wichita
2,733,187
Portland
5,320,469
Tenth Federal Reserve District—Kansas
Missouri—Kansas
Maine—Bangor
112,017,174
5,412,770
,,
cities)-
Lincoln
1955
Dec.
s
$
April 27
7,092,317
294,407,00a
125,515,030
8,746,737
4,094,389
/
Helena
(7
339,042,858
2.6
^'^8,197
■
137,935,896
South Dakota—Aberdeen
Total
2.1
+
12,508,342
Dakota—Fargo
" V
-
-
Montana—Billings
+
134,493,369
7,662,221
4,194,108
363,996,272
'
.
Paul
Nebraska—Fremont
1957
2,063,223
356,400,235
7,554,489
Minneapolis
St.
Hastings
Clearings at—
:
District—Minneapolis-
Ninth Federal Reserve
Minnesota—Duluth
detailed statement showing the figures for each city for the
our
(4 cities)
Total
547,320,739
+
,,
873,422,515
1,366,561,455
11,371,516,721
,
City-
add
now
<
6.0
+ 12.5
Illinois—Quincy
(6 cities)
—
5.8
i
3,005,000"
8.2
5,895,649
+ 12.7
14,611,601
5,861,101
10,955,591
3.9
542,781,723
428,405,555
—
+
Twelfth Federal Reserve District—San Francisco—
Second Federal Reserve District--New York—
New
Yakima
York—Albany
25,060,717
Binghamton
(a)
8.9
25,178,080
—*
4,720,208
-
4,237,200
•.
California—Long
2.4
137,925,981
107,813,683
+
9.5
2,512.368
1,978,922
San
34,949,117
25,122,334
+ 30.8
2,164.071
2,701,690
5.9
10,169,220.111
10,045,227,977
30.898,807
+
20,976,571
0.1
+ 19.8
Jersey—Newark—
(10 cities).
77.061,044
^
—
67,203,236
8.9
.
+14.7
21,911,468
17,493,538
27,134,157
*
Northern New Jersey
4,262,622
98,669,020
30,035,712
—
24,064,841
19,698,818
Beach
Pasadena
180,734,523
90,459,443
179,356,580
i
15,264,744
659,004,221
21,975,823
6,245,209
10,441,747
680,338,599
Francisco
24,049,466
176,286,703
5,126,588
146,014,238
+ 21.1
0:8
177,163,920
145,579,861
9.1
85,536,051
68,415,983
+ 14.6
—
+
-
90.264.298
10,410,398,875
.
,
82,129.581
11,012,890,385
;
18,418,835
13,349,628
24.8
22,697,619
+ 29.0
3.2
15,551,912
622,565,014
531,761,686
9.4
19,675,291
14,196,977
+ 56.6
4,840,127
9,874,557
5,638,280
9,043.587
+
+
28,436.607
G8,351,438
58,557,721
—
9,780,260
Santa Barbara
+
11,209,400
Stockton
Total
(10 cities)
Grand total
+
7.4
1,261,336,204
1,189,579,505
+
6.0
1,139,317,782
956,122,771
21,354,598,904
-
(109 cities) ILii&iA..
21,231,995,985
+
0.6
20,381,063,353
19^174,745,835
11,371,516,721
10,625,386,130
+
7.0
10,211,843,242
9,129,517,853
"
_
3,703,596
27,340,591
—
34,274,466
177,126,332
5,161,466
„
City
San Jose
2,917,816
10,606,609,855
31,221,372
-___
Lake
Utah—Salt
+
34,949,437
—
.
Oregon—Portland
3,248,422
3,817,305
Connecticut—Stamford
Total
.
133.064,107
9,983,082,183
York
Rochester
New
17,913,943
3,557,040
Jamestown
Syracuse
—
136,263,115
1
Elmira
New
27,517,214
(a)
Buffalo
.
203,036.883
Washington—Seattle
+
—
9.9
78,035.499
5.5
10,568,052,188
-
64,068,483
10,375,770,355
Outside New. York City
(a) Clearings
operations
,
discontinued.
• Estimated.
Commercial and Financial Chronicle
The
Monday, May 6, 1957
...
(2140)
48
world.
countries of the
BY
CERTIFIED
RATES
EXCHANGE
FOREIGN
1930, the Federal Reserve Bank
cable transfers on the different
passed.
TREASURY UNDER TARIFF ACT OF 1930
'■
<•
issue.
tnls
In
•Announcement
1044
"
DIVIDENDS
Money)
York (Value in United States
Cable Transfers in New
Buying Rate for
Noon
Country and Monetary Unit
FEDERAL RESERVE BANK TO
1957 TO MAY 2, 1957, INCLUSIVE
26,
APRIL
Page
Dace
Central AmericaFirst mortgage 60-year 5%
goia Donas, series B, and
5%
first mortgage 60-year gold bonds—.
May
of
International Rys.
of Section 522 of the Tariff Act of
of the Treasury the buying rate for
We give below a record for the week just
Pursuant to the requirement
certifies daily to the Secretary
CALLED
ISSUES
ENTIRE
Company and Issue—
Foreign Exchange Rates
(Continued from page 14)
Friday
Argentina,
Monday
Tuesday
April 29
April 30
May 1
;,'v
peso-
Thursday
Wednesday
April 26
$
$
Wy/;
>>
$
Same of
$
_____
—
(Metropolitan), iranc
Deutsche mark:
.0385356*
.0198875
.325366
.325433
1.044062
.209000
.209116
.00435401*
.00435401*
.00435401*
.00435401*
.00285500
.00285500
.00285500
.00285500
.237933*
.209000
2.791250
2.792187
.00277912*
.00277912*
.00277912*
.0800560
.0800560
.261460
.261440
2.762376
2.762685
2.763613
—
.261500
2.764542
.140080*
.0349000
.193330*
.193330*
.233350
.233350
.233350
.233350
2.779887
2.780821
2.781755
2.783312
2.791250
2.792187
2.793750
2.790312
2.790000
pound sterling-
Carlisle
.0349000
.193330*
2.779576
pound
.496950*
.193330*
.233350
Union of South Africa,
.496950*
.0349000
.193330*
Sweden, krona
Switzerland,
franc
.496950*
.0349000
'
preferred (quar.)
Corp.
Carpenter
Carrier
Pirie,
4% %
adjusted increased $100 million in
Chicago and $83 million in New York City, but they de¬
creased $141 million in the New York District outside
of New York City; there was a net increase of $107 mil¬
lion at all reporting member banks.
Federal Reserve Banks Combined
(In thousands of dollars)
Increase ( +) or
Decrease (—) Since
April 24,
1956
1957
accountfor F.
20,779,393
855,434
-
R. notes
Federal Reserve Banks decreased
$157 million, and borrowings from others increased $118
million.
Loans to banks increased $96 million.
May 2,
1957
May 1,
2
+
573,404
1
+
—
from
Borrowings
+
14,179
certificate
gold
21,634,827
reserves
392,949
Other cash—
1,095,490
and advances
Discounts
Industrial
S.
102,568
;
23,735
—
'1
9,830
ASSETS—
.
434,105
Certificates
—
U.
Gov't,
S.
from
Due
securities
—
23,169,467
24,289,466
22
5,211,373
banks
cash items
76,538
premises
+ 420,605
582,500
for
U.
+
87
+
—
+
11,947
52,143,410
+
374,747
—
"*563,546
11,137
21,774
1
assets
+1,243,990
654
+
364,733
19,122,617
+
250,803
+
+
270,072
+
U.
S.
securities
to
Cash
vault
in
Treas.—general
account
311,438
—
—
293,308
Foreign
76,399
+
Total
Deferred
—
—
+
444,806
+
370,378
4,195,918
cash items
& accrued dividends
+
40,556
+
424,095
17,901
—
1,529
+
484,487
+
487
—1,537
252
74
+
729
•87
7,672-A
1,217
104
996
•40
2,393
—
95
13,519
Banks.—
—1,335
80
18,450
,—i
—1,183
20
5,141
148
;—
—
+
+
—
531
167
198
27
52
107
deposits
+
23,102
+
5
2,533
Government
+
63
Government
except U. S.
deposits
demand
Interbank
+
—
213
1,512
268
635
10.148
10
+
1,550
+
+
209
Other
5%
preferred
B
Central
157
562
Banks.
others
Reserve
118
+
776
—
29
—
185
89
7)
13b)
169,938
17,714
53,981
t Exclusive
of
loans
banks
to
after
and
deduction of
valuation re¬
individual loan items are shown gross.
serves;
—109~847
+
Total liabs.
to
of
gold
deposit
bilities
&
capital accounts
52,143,410
combined
Contingent
46.4%
liability
on
loan
.4%
—
+
,6%
4.50%
preferred
Central
commitments
164
1,798
—
21,218
661
Condition Statement of Member Banks
The condition
of the
shows
the
statement of weekly reporting member
Federal Reserve System in leading cities
following
principal
changes for the week
ended April 24:
Decreases of $179 million in loans ad¬
justed, $286 million in holdings of U. S. Government
securities, $148 million in balances with domestic banks,
and $635 million in demand deposits credited to domestic
banks.
Below will be found
notes,
and common stock called for redemption,
those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
the current volume (except where otherwise indicated)
in which the details were given in the "Chronicle."
and
industrial
loans decreased
$175 mil¬
Peoria
5%
Service
Soya
Vermont
en
District, and $10 million in the Dallas District, and
increase of $21 million in the San Francisco District.
Changes according to industry
release.
All
appear
in another press
"Other" loans increased $38 million.
categories
Reduction
American
5.90%
5%
capital
U.
S.
Government
securities
certificates of indebtedness $74
de¬
million, Treasury notes
$20 million, and U. S. Government bonds $80 million.
&
Co.
cumul.
First
Central
Co., Inc.,
Discount
&
debentures,
Charlotte
Air
Plywood
Tire
4%%
First
&
1st
1984
1
1629
May
1
1633
1511
$3 preference
Channing
6-29
6-29
6-18
6-29
6-18
40c
5-15
5-
40c
(quar.)
s-1
*\ 6-28
; 8-1
6-28
1
5-205-15
5-10
4-15
.
X
\
.
..
—;
•
5-15
30c
7-15,.
$1,121/2
„
4-30
6-30
15- 3
30c
."
(quar.)
5-15
SI
(quar.)
6-20
6-
a
1
7-
Si
7-
5
87'/2 c
8-
7-25
J
10-
12-24
12-
6
$1.25
6-27
6-
7
$1.25
(quar.)
$5 preferred (quar.)
10-24
371/2 C
9-26
9-
6
371/2 C'
—
(quar.).
•
4
$1.25
11-27
11-
8
$1.50
_
::
•'
Chicago Towel Co., common..
7-15
"6-
1
6-
1
$1.75
7-15
Chrysler Corp.
75c
6-13
5-13
Cincinnati
3Cc
5-15
4-15
$7
convertible preferred
Gas
(quar.)
Electric,
&
———
(quar.)
com.
60c
Controller
Clark
(quar.)
Electric
Cleveland
Common
Chemical
Cochrane
4-19
5-15
5
7-
1
6-
50 c
6-
3
5-10
6-
3
5-10
871/2
c
1
Gold Mines, Ltd.—
5-31
5-
42V2C
6-10
5-24
10c
5-17
5-
13c
6-
10%
*.—_—
—
$20c
3
5-25
5
4-30-
5-15
5-20
1
15c
4-18
6-29
6-13
5-15
5-
1
6-15
6-
3
—
Co.,
common
(quar.).
(quar.)_
preferred
(quar.)
Life
6-
5-15
$1.C6V4
(quar.)
75c
SIV2C
25c
Oil
preferred
of
Co.
Insurance
America—
—
Central
Colorado
5-31
$1.121/2
:
(quar.)
Products Co
Aluminum
5-20
40c
—
(quar.)—.—
Cleveland & Pittsburgh RR., 4% gtd. (quar.)
7%
reg. gtd. (quar.)_
r___—.
Clinton Machine (stock dividend).—^—_—
Club
1
6-15
Illuminating—
(quar.)
preferred
Clorox
5-1-7
6-
25c.
—
6-10
30 c
(quar.l-,
—1-——
Stamping
(quar.)—
1—
Auto
Power, .common
(monthly),
11c
6-
5-17
1
6-17
11c
(monthly) „C.
Common
,
.
7-
1
11c
(monthly)
Common
8-
1
7-16
31.12 J/2
8-
1
7-16
—_____
preferred (quar.)—
—
Commodore
5%
————
$15c
—
5Vz%
Natural Gas
Conduits
National
Confederation
—
Ltd. (quar.)
—
Association (Toronto)—
—
(quar.)
——
(quar.).
Yellowknife Mines—
Standard Securities,
Corp.
Cement
Consolidated
Discovery
Diversified
(quar.)
(quar.)
Consolidated Electrodynamics
Consolidated
Consolidated
Freight ways
May 31
May 1
1892
Continental
Industries
1793
Continental
Life
$3.75
1973
5%
f. bonds due 1960
Southern Union Gas Co. 4Vi% s. f. debs, due 1976
Power
Co.,
common
(quar.)
(quar.)
(quar.)
6-15
Can
56 Vic
20c
$10c
6-
12-
1
1
5-15;-
1
6-29
6-
1
6-14
-
4-30-
$$1
6-15
5-15-
60c
6-15
5-10
6-14
5-29
6-14
5-31
6-
5-15
1
5-15
4-15
25c
—
!—
6-
1
5-1
5-20
4-19
7-
6-
$1.04
$1.12%
$1
common
&
5-17
5-
25c
(quar.)
45c
(quar.)
933ic
(quar.)
Copper
1
1
$1.13
com.
(quar.)
Co.,
6-
6-
60c
(quar.)
^
convertible 2nd preferred
preferred
6-
9-. 1
9-15
12-15
$12c
1—
:
of America,
preferred
4.50%
$50c
$10c
Continental
1,
4-29
5-
47 J/2 c
(quar.)
Co.
(s-a)
preferred
Continental
5-.1
8
$20c
20c
(quar.),
Theatres, Ltd., class A
Container Corp.
4%
""6-17
5-15
25c
(quar.)
Laundries
Paper
preferred
preferred
preferred
$4.16
$4.50
6-30
3
10c
Ltd., $2.50 non-cum. preferred (s-a>—.—
Consolidated Edison Co. (quar.)*
1517
1679
1634
1153
4-30
$50c
—
Connecticut Power Co.
B
5-15
$50c
Quarterly
Quarterly
Class
5-
2Cc
31 Vic
—
Co.,
Life
4-30
5-17
Corp.—
(quar.)
preferred
5-31
1
6-
$1.37 Vi
Telephone
Shoe Machinery Corp.—
preferred (quar.)
Concord
6-10
20c
(quar.)
(quar.)—
Inc.
Hotel,
Commonwealth
Compo
50c
1
Ltd
Combined Enterprises,
1
1
s.
6-
1
5-15
lv
75c
(quar.)
Consumers
*
Corp.—
Coast Corp.—
(closed) mtge. 4Vi%
•
5-10-
6Cc
_________—;
._Mav
Co., 3%%-s. f. debs, due Feb. 1, 1962__May
1,
due 1958
March
/
65-
6-15
10c
35c
(quar.)—._
Y.)
(N.
$5 preferred
$4.52
bonds due
4-15
-
15c
(quar.)
May
Oil
4-30
1
5-
25c
(quar.)
1515
1749
1517
mortgage 4%%
3
5-15
(quar.)
pfd
5%
preferred (quar.)--,.
—
St. Paul & Pacific RR.
1
1
1
due April
debs,
5-
5-15
25C
62'/2c
—
Va.
May
,c
pfd.
1st mtge. bds. due May 1, 1965_May
15-year 3%
4-30.
37'/a c
Milwaukee,
preferred
5-15
40c
(quar.)
(quar.)
convertible
Common
1
1
5-31
6-
$1.12 'A
(quar.)„:
Telephone Corp.—
of
Common
6-18
$1
—_—'
Corp.
Common
5-20
$1.23
(quar.)
com.
(quar.)
preferred
3!'2%
6-10
.
$1.06 Vi
—
Chesapeake & Ohio Ry. Co., common
Chicago,
7
12-20
40c
—
Service
Bank
Chenangd & Unadilla
4%%
7
9-20
$1.25
(quar.)
Manhattan
8-
9-
12-
$1.25
1
(quar )
Corp.
5-15;
6-
2'/2%.
1981
1971
Co.—
debentures
6-20 V
dividend
1
1
1963
cumulative
fl-21-
1
$1.25
.___
Co.,
May
May
5%
2
—
Industries (quar.)
(quar.)—
—
Champlin Oil & Refining, common
Consolidated
.
bonds due
& Rubber
Seabrook Farms
South
May
due Nov.
Co.—
Corp.,
76-
Aircraft
stock
due
5-15
Century
1
Morrell & Co.,
Gas
1629
5
Rv.—
bonds
1
(quar.)
Public
May
subordinated
National
Line
4-19
4-19
ye-
/
—
Corp.
Food Markets
Century
Cessna
Consolidated
1973
due
debs,
6-12
$$2.50
—
_
Consolidated Natural Gas
subord.
first mortgage
General
Jun
Georgia—
—
income
Indiana Gas.
27/s%
preferred stock
$4.50 conv.
of
Co.
mortgage 3%%
General
Page
Date
Interstate Bridge Co. 4%
creased; Treasury bills decreased $112 million, Treasury
1891
1
REDEMPTIONS
Company and Issue—
(John)
of
Co.
Consolidated
May
due 1959
series A,
f. bonds,
1
20c
(quar.)
West
Consolidated
Atlanta
Louis
s.
PARTIAL
million
Chicago District, $12 million in the St.
Page
Date
Co.—
1st mtge.
Armour
the
'
Company and Issue—
lion at all reporting member banks; the
principal changes
were decreases of $128 million
in New York City, $21
in
TENDER
OF
7-
5-10
(quar.)
Quarterly
NOTICE
6-12
Columbian National Life Insurance (Boston)—
list of corporate bonds,
a
preferred
Air
Commercial
South
&
Quarterly
+
including
banks
(quar.)
(quar.)
(quar.)
Central Louisiana Electric,
41/2%
Notices
42
64,136
1
Service—
Quarterly
Redemption Galls and Sinking Fund
6-14
7-
$1.25
___■
_
pfd.
preferred
$3.50
+ 1,243,990
foreign
correspondents
Industrial
374,747
5-15
6-29
$1.05
preferred
$4.25
accept¬
for
purchased
ances
+
certificate reserves
and F. R. note lia¬
5-15
1
6•
5-10
;
Colgate-Palmolive
13~357
5-15
60c
(quar.)
preferred
Vi %
4.92%
Colonial
Ratio
Public
Cochenour Willans
•April 17 figures revised (Chicago District).
27,543
capital accounts
+
+
107
+
747,593
-
5-10
/:
11 %c
—
(quar.)
(quar.)
(quar.)—
B
Illinois
Common
$5
5-31
50c
Co.—
Ry.
Georgia
5%
Chase
1
5-31
$1.75
(qua.-.)
common
B
4%
6-
$1,121/2
Cochrane-Dunlop Hardware Ltd., class A
331,514
(Section
(Section
Surplus
Federal
ACCOUNTS—
Capital paid in
Surplus
+1,158,438
From
From
CAPITAL
50,866,822
of
$4.50
deposits:
banks
Domestic
—
Borrowings:
liabilities
Total
40c
60c
(quar.)
(quar.)
preferred
preferred
4
1
56 Vic
Cities Service
56,695
Time
S.
5%
City
768
—
38*
266
1,347
23,316
81,195
20,325,871
deposits
availability
liabs.
Other
330
+
LIABILITIES—
U.
Other
9
121
+
—
banks
domestic
505
112
___—————
with
—
1,034
——-
Reserve
—
2
25,972
—
Federal
with
57
286
banks——_—_—:—
Balances
reserves
11,062
13,255
26,327,132
Deposits:
bank
8,690
._
Other
461,634
598,508
notes
Reserve
——
-——i
bonds
S.
Central
Chesapeake
securities—total
—
32
'■»
1,174
bills
Treasury certificates of indebtedness-
Reserves
LIABILITIES—
Member
5-15
6-
Canada Investments, Ltd—
Common
1,842
—
——
notes
—
■■ *
j.
pur¬
Treasury
Treasury
+3,564
421
loans
Government
S.
175*
____,
dealers* for
and
loans
Other
7,633
+3,444
———.
estate
Real
212,215
+1,376
179
30,928
loans—-
.
Loans
Federal
5-17
______
preference (s-a)
Foundry Co., 5%
Stock
552
carrying securities.——
purchasing or carrying
or
loans
Other
U.
Total
industrial
and
brokers
to
chasing
82,365
129,850
—
16~969
—
140,013
assets
Other
Commercial
securities
and securities
foreign
Uncollected
Bank
—
1956
53,072
Agricultural loans
agree't
April 25,
1957
86,716
adjusted!..;—__
adjusted!
Loans
23,169,467
outright—
bought
repurchase
Total loans
'
—
.
,
Investments
and
Loans
429,500
2,801,750
Total
Total
+
8,571,413
._
Bonds
under
4-30
6-10
•
Co.—
Central
(In millions of dollars)
Loans
70,635
11,362,199
_
Notes
Held
+
:
i
Since
Decrease (—)
1957
Bought outright—
Bills
5-15
'__
Products
Central
( +) or
April 17,
April 24,
■•■■■■■.
167
1,175
—
Increase
194,919
•
securities:
Government
/ 4-30
_______—
(quar.)
Central
ber banks follows:
8,563
3,649
421,781
774
loans
Acceptances—bought outright
U.
+
587,583
.
—
—
1
37,101
+
398,222
banks
notes of other
liabilities of reporting mem¬
of assets and
A summary
R.
4-15
5-15
$81.25
y. 40c
(quar.)
preferred
Central
5%
deposits
Demand
ASSETS
million, of
Holdings of "other" securities decreased $87
which $76 million was in New York City.
Statement of Condition of the Twelve
Total
5-15
(J. I.) Co., 7% preferred (quar.)
convertible preferred (quar.)—«—__
Steel
6-14
2
$$1.06
6%%
Ceco
5-15
7-
12V2C
&
Tractor,
6-23
6-. 1
y.t20c
=.
___
Scott
Mills
Carthage
4.20%
F.
5-15
/- 7-15
■t
•$$2
_
(quar.)
preferred
Caterpillar
certificate
5-15
—
—
(quar.)
(quar.)
preferred
Carson,
Case
Redemption fund
6-15
6-/1
(quar.)
Paper
5-15
;
$15c
_,—
(quar.);
7-28
6-15
i>
Corp., common
4%%
•Nominal
Gold
Co.
4-26
8-15
...$30c
___
(quar.)
pfd.
4Vi%
5-15
$25c
(quar.)
Ltd.
Co.,
Ltd.—.
Cos.,
Utilities Ltd.,
Carborundum
.496950*
.496950*
peso
5%
.14G0i;0*
.0349000
Philippine
Oil
Canadian
Canadian
2.766089
.140080*
.140080*
.140080*
.261500
Electric
General
Canadian
.00277912*
.0800560
.0800560
.0800560
;
krone—.
Islands,
escudo
2.793750
(quar.)
Ltd.
Fairbanks-Morse,
Canadian
4-26
$29 '/4c
Vinegars, Ltd. (quar.)
______
Canadian Drawn Steel, 60c preferred (quar.)
.00277912*
guilder
Zealand, pound
.
4-26
.'5-15
noe
—
,5-15
*5«c
___
Malting Co. Ltd. (quar.)
preferred (quar.)—
—____
Vi %
4
.261470
Mexico, peso
<quar. >_
Canada
.209087
2.790312
,
*43c
Cqnada
.237916*
.208950
2.790000
.—
_
Kingdom,
.237916*
.208925
4-26
-tlOc
1.044468
.209000
.237916*
5-10
5-15
.
*aoc
.325300
1.043750
.208933
.208900
—
tl5c
(quar.)
Common
.325233
1.043125
.237908*
1
6-
+30C
"_
—
.
Common
.208933
._
5-20
6-20'
*32 Vac
60c partic. class A (quar.),
Participating
;;
.00415401*
Netherlands,
United
.0385356*
.0198812.
.325133
Ireland, pound——__,——
Portugal,
.0385356*
.0198750
4-30
5-31
*25c
(quar.)
com.
iquar.)_.L„
___.
Sugar, Ltd. (quar.)
Dominion
&
Canada Foils, Ltd.,
1.042906
rupee
Norway,
.0385356*
.0198687
.
Ltd.,
Co.,
preference
$1.30
Canada
2.226095
2.224850
2.224103
2.223356
Cement
Canada
.0261132*
.00285500
Of'manv.
New
.0261132*
.0198687
Ceylon, rupee__________.
Finland,
markka
Japan, yea
.0555555*
.0262966*
.0385356*
Austria,
India,
.0555555*
.0261032*
2.223107
pound
schilling
Belgium, franc
_
British Malaysia, Malayan dollar.,.
Canada, dollar __
_
_ —».
Australia,
France
.0555555*
.0555555*
.0555555*
.0261032*
Official
Payable of Rec.
Share
Company
Holder$
When
Per
May 2
>
Steel
(quar.)
Insurance
(quar.)—
$1.12%
1
1*
7
7--1
6-7
1
6-7
7-
5-25
5-
6-
3
1
5-20
6-15
5-22
1
6-14
7-
6-29
6-
7
1
5-
8
Industries—
31 Vic
:
—
(Toronto)
(s-a)
10c
$$1.30
6-
5-15
4-15
1
7-30
8-
Volume 185
Number 5635
The Commercial and Financial Chronicle
...
Per
Name
dividend—.
Stock
$3
preference
A
v
"
6-
1
100%
5-
9
4-22
6-
1
25c
6-10
5-21
5-
$7y2c
(quar.)___
1
4-15
50c
6-10
5-23
75c
(initial)
Ltd.
6-10
5-23
5c
__—w__
*'
3%%
Co.,
Credit
Finance
preferred
Service,
Class
A
B
(quar.)
Cribben
&
Inc.—
Crown
Cork
Crum
&
&
pfd.
Cuban
American
1%
Cumberland
($2
Press,
3V2 %
pfd.
1
7-
1
6-
6
5-15
28c
6-
3
5-15
9-
4
8-15
7-
2
9-13
—
•i
10c
6-15
i
.
A
87 Vic
..
.
(quar.)
.____
A
(quar.)
(L.)
non-cumulative
class
9-15
8-31
5-15
5-
1
6-28
,
50c
(quar.)
6-
Fruehauf
Deere
&
7%
Co.* common
9-27
9-
6
50c
a
12-27
12-
6
preferred (quar.)
Lackwanna & Western
Co.—
Mfg.,
com.
Dennison
$8
decenture
Denver
$2.50
Diversified
Co.
4(4%
Realty
(quar.)
Houses
Gas
Trailer,
3
5-
preferred
conv.
621/2
Dodge
Co.
Cigar
$1.56
62 Vic
IncM
6-
12-
5
1
5-15
6-11
5-25
6-
5-
1
6-
1
7-
1
1
Ltd.
6-20
5-
preference
5%
7-
1
1
3-
1
$15c
5-24
Douglas Aircraft
5-15
$50c
5-15
4-30
$12 Vic
8-
1
7-
2
$25c
7-
2
Drackctt
Co.,
Dresser
Industries
(quar.)
Drewry's Ltd. U.S.A.
Driver-Harris
Du-Art
Dun
Co.
Film
&
(quar.)
convertible
5-15
5- 3
Great
5-15
5-
3
5-15
5-
3
6-17
6-
3
6-10
5-24
t
6-10
5-
6-10
5-20
8
5-15
4-30
5-15
5-
6-10
6-30
6-14
Oil
12V4C
(quar.)
7-15
7-
3
12 (4 c
Co.
Quarterly
10-15
10-
Kootenay Power Co./Ltd.—
7%
preferred (accum.)
:
East
-
Louis
St
7%
1st
Interurban
&
preferred
June
3
at
(entire
$105
Air Lines
Corp.
El
\
Paper
Paso
Corp
;_
____
preferred
5.50%
Electrolux
Co.
4.50%
Erie
convertible
pfd.
$5
preferred
$5
preferred
Corp.,
:
'
Evans
1
6-
1
___
5-10
6
6-14
5-15
5-30
5-
6-20
5-29
1
5-15
4-15
5-31
5-15
$1.18%
5-31
5-15
$3.50
10-
1
9-21
121/aC
6-
1
5-15
6-
1
5-15
6-
1
5-
6-
1
5-
2
2
10c
5-10
4-19
6-10
5-31
6-
1
9-
1
8-
9
12-
1
11-
8
5-10
6-15
6-15
20c
5-28
5-13
1
5-13
5-27
5-16
$1.12%
40c
(quar.)
6-
60c
Bearing Co..(quar.)
Fairbanks Morse & Co. (quar.)__
Fall
River
Fanner
Gas
Mfg.
Farmers
&
Life
Y.)
Insurance
Fedders-Quigan
Corp., common
preferred (1953 series)
5(4%
Federal
Compress &: Warehouse
Federal Insurance Co. (quar.)
Extra
&
National
Mortgage
Federal
Paper
Fireman's
First
Insurance
Bank
Fisher
Fischer
Stock
Governor
&
Stock
(Newark,
Corp.
Co.
Porter,
dividend
pfd.
Co.
on
(s-a)
(Pa.)—
com.
and
.
class
5-10
4-26
5-15
5-
1
5-15
5-
1
60c
6-15
35c
(increased s-a)
6-
5-
30c
5-25
5-10
6-15
5-25
1
$1.70
9-16
5-
5-31
5-
6
11-25
5-24
4-29
Ltd.,
(quar.)—
com.
Utilities,
4.40%
4.35%
Ironrlte, Inc.
5-24
4-29
75c
(quar.)
Jack
(quar.)_
6-15
5-24
-r
r.
5%
B
A
5- 2
Jervis
6-
1
5-
Jones
&
Lamson
Jones
&
Laughlin Steel,
1
5-10
4-25
6-10
5-31
6-20
5-31
6-17
5-29
1
5-17
5-20
6-
9
8-19
5-
3
7-
1
5%,
6-
3
5-
r
50c
dividend)
(stock
common
6-
10%
1
1
5-15
(quar.)_
,
4-15
5-15
5-
5-16
6-
1
1
5-15
6-26
5-24
6-14
1
7-
5-15
•
6-14
1
6-14
6-20
6-14
4-15
6-15
5-31
7-
1
6-14
6-
1
5-25
40c
6-10
5-17
15c
5-15
4-15
50c
6-20
6-
5-
5-31
6-10
50c
(quar.)—
7
62>/2c
(quar.)___
common
7-18
5-27
8-
35c
(quar.)—
6
1
6-11
93 %c
(quar.)
Machine Co.
preferred
1
$1.20
$1.25
(quar.)
Vegetable Parchment Co.
Kansas City Power & Light—
*
3.80%
preferred (quar.)_
4%
preferred (quar.)
4.20% preferred (quar.)
4.35%
preferred (quar)
4>/2%
preferred (quar.)
Kellogg
Co.
Kennametal,
(increased
Inc.
7-
1
6-
$1.25
7-
1
6-
7
6-10
6-
1
6-24
6-
7
6-
3
5-10
6-
3
$22 Vic
5-15
1
6-1
l".
6-
1
5-1J
5-13
$1.08%
6-
1
5-15
6-
1
5-15
6-
3
$1
$1.12 Vi
35c
quar.)
5-20
25c
5-15
5-
3
'
32c
(quar.)
$1.18%
6-15
y5-24
1
5-15
6-
$20c
Ltd. (quar.)
(monthly)
Mines,
Inc.
6-27
5-31
6c
5-15
5-
4
6c
Gold
Fund,
Income
Kerr
6-
95c
preferred
4%%
35C
$1.05
(quar.)
Utilities, common
(quar.)
Kentucky
6-15
6-
4
30c
6-
1
5-10
30c
Keyes Fibre Co., common (quar.)
4.80% preferied (quar.)
6
60c
$3c
Cementing. Co.
5-15
75c
(quar.)
Well
Oil
1
6-
6-
7-
Johnson
&
Kerr-Addison
Ltd.
(quar.)
5-3
$1.25
Kalamazoo
6-15
30c
Water
6-15
4-30
1
6-
4-25
5-10
•6-7
of Canada,
7-15
5-14
$1.10
-
5-79
5-24
$1.16
(quar.)
3
$1.08%
X——
4-30
5-15
11-
$2
30c
pfd.
(quar.)_r.
Corp.
Johnson
12y2c
(quar.)__
(quar.)
1
6-
1
5%
5-17
15c
(quar.)
common
Inc.,
4-30
Corp.—
(quar.)
preferred
5-
6-15
7-
common
6-10
12 (4 c
Finance
common
5-31
7-15
20c
Corp.,
5-15
40c
(quar.)
common
5-10
82 Vic
Jewel Tea,
common
(quar.)
3%%
preferred
(quar.)
2
25c
(quar.)
5-15
1
6-17
40c
(quar.) __;—
preferred (quar.)
Jefferson Lake Sulphur (quar.)
1
X12 (4c
(quar.)
7
5-31
6-
44c
1st preferred
Jantzen,
6-
7 (4 c
P.) Fire Brick
8
6-
32c
(quar.)
Inc.
Telephone
30c
,__
5-
1
10c
$12 (4 c
(quar.)
Ltd., class A (quar.)
1
7-
35 %c
———
(quar.)
Heintz,
&
Jamestown
$1.75
Dredge & Dock
6-
45c
(quar.)__
common
(quar.)
preferred (quar.)
preferred (quar.)—;—
preferred (quar.)—
3.30%
.
75c
7c
Ltd
(quar.)
preferred
,
$75c
(quar.)
Electric, common (quar.)
&
7
8-24
12-16
18c
(quar.)
7-
1
6-11
Keystone Custodian Funds—
25c
Klein
3
preferred
(quar.)
$$1.25
8-15
8-
5
25c
6-28
6-20
15c
5-31
5-10
15c
5-31
5-10
5-10
6-20
6-
7
5-11
5-
0
—
Knickerbocker Fund—
5%
4-30
6-10
25c
—
(quar.)—
5-15
50c
5c
Series S-2
Keystone Steel & Wire
Kingsburg Cotton Oil
5-10
Cotton, Ltd.t
Hamilton
Class
B
(quar.)
Stock
div,
(payable
Harbison-Walker
New
6%
preferred
Hercules
Herold
Corp.
Co..
5
(quar.)
5-31
5-21
5-
preferred A (quar.)
Chemical Corp.—
1
5-10
4-15
53 Vic
5-15
preferred
A
Drilling,
6%
7%
preferred
2nd
Kysor Heater
6-21
7-
1
1
6-21
6-12
5-17
50c
6-
1
5-15
3
50c
6-
1
5-
$1.50
7-
1
6-17
$1.75
(quar.)
8-
1
7-15
La
Extension
Salle
6-
1
5-15
6-
1
1
5-20
5-
10c
5-10
4-26
15c
7-10
6-27
10c
(quar.)
L'Aiglon Apparel (quar.)
University (inc. quar.) —
15c
Lake
5-15
7%
1
5-15
5-15
6-
1
5-15
(Alfred), Inc.—
Partic. class A (quar.)
5-15
4-30
Class
6-15
6-
Partic.
6-
3
5-
1
10c
6-
1
5-
7
Lambert
$5c
12-27
$$1.75
Lamaque
1
9-27
1-10-58
-
preferred (quar.)
Gold Mines, Ltd
66-
10-10
15c
the Woods Milling Co., Ltd.—
of
45c
Extra
5-16
1
7-
62(ic
:
(quar.)
(quar.)
30c
Highland-Bell, Ltd. (resumed)
Hilo Electric Light Co., common
4-30
5-
5-31
62V2C
Company, common (quar.)
1st preferred (quar.)
Kroger
5-20
5-15
40c
B__
Co.
& Co.
87y2C
(quar.)_
common
25c
Quarterly
$1.09%
(quar.)
S.)
(S.
(S. H.)
8c
iy2%
4-25
20c
preferred
preferred
5%
30c
3 (2 %
Hi-Tower
—
(stock
Inc.
5-31
5-15
5c
Electronics
&
Glass,
Kress
5-24
6-14
(quar.)
dividend)
Koehring Co., common (quar.)
5% conv. preferred (quar.)__
4-26
25c
pfd.
7
5-20
35c
5%
6-
$1.25
(quar.)
(quar.)
4.37(2%
7-
7-20
10c
Hershey Chocolate. 4V\%
Heyden-Newport
Common
2
Stores
interest
of Beneficial
Ctfs.
Knox
7
5-
40c
(quar.)
Powder
Radio
6-
1
$1.50
—_—
(quar.)
(quar.)
Marx
&
Haughtcn Elevator Co.
Hazeltine
6-29
6-
Department
<S.)
Kresge
quar.)
(quar.)
Plywood Corp.
Schaffner
Hart,
A stock)__
4%
45c
class
in
Refractories—
(initial
common
Harbor
(quar.)
common
Mfg. Co. (quar.)_
Oil, class A (quar.)
Hancock
5
Class
$15c
6-29
6-14
(quar.)_
A (quar.)
$15c
6-29
6-14
$15c
9-30
9-16
(quar.)
$15c
9-30
9-16
$15c
12-31
12-16
$15c
12-31
12-16
45c
6-10
B
class
&
Hines
(Edward)
Hires
B
(Charles
(Henry)
Horn
Co.
E.)
&
Co.
Electrochemical,
preferred
(Geo. A.)
preferred, class A
& Hardart Co.
Housatcnic
5-17
Household Finance
5-
1
3%%
4%
6-10
4-30
Houston
4-30
Houston Terminal
28 %c
6-15
5-29
4.40%
Ciass
A
5-15
4-15
5-17
6-15
Hubinger
(quar.)—
pfd.
(quar.)
7-10
6-21
6-
1
5-15
4.75%
preferred
(quar.)
59%c
7-15
7-
5-15
4-17
Lanston
Industries
(quar.)
15c
5-10
4-29
45c
9-10
8-15
Laura
6-
5-15
25c
5-29
3
6-
3
$5
4-27
$5
5-15
4-27
$1.25
6-
5-17
Company
B
(quar.)
Investing Co., $5 preferred (quar.)
(James)
& Sons
5-20
5-
6-29
7-15
6-29
Lehigh
7-15
6-29
Valley
Salt
$1.10
(increased quar.)
7-15
6-29
Leslie
40c
6-10
5-17
Lexington
50c
7-15
7-
5
50c
(quar.)
7-15
7-
5
Fund
(quarterly
from
5-31
Liggett
Lincoln National Life Insurance (Fort
8-
1
7-15
6-10
5-10
$$1.25
A
\
Quarterly
Quarterly
3
5-155-
1
6-
5-24
5-ia
6-25
6-
6-17
5-15
5-15
20c
—
6-
1
5-10
$1.31 »/4
6-
1
5-10
6-10
5-21
90c
Libbey-Owens Ford Glass (quar.)
5-31
$0,006 y4
(quar.)
6-10
1
net
(quar.)
7-15
-
6-10
1
6-
5
4-30
—
1
Myers
1
7-
11c
(quar.)
Libby-McNeill & Libby, common
5(4%
preferred (quar.)_
&
7-
62 Vic
30c
(increased quar.)
6-10
6-10
11-30
25c
8-
20c
(quar.)
1
8-31
12-12
30c
fquar.)_
12'ic
(quar.)
(quar.)—
Mining & Smelting Ltd.
Co.
Trust
6-
9-12
$1.25
50c
(quarJ
investment income)
6-12
2
40c
Cement
RR.
$1.25
1
35c
—
(quar.)
Lehn & Fink Products
Portland
Lehigh
——
(quar.)
preferred
$25C
5-27
$1.25
(quar.)
——.—
(quar )
Co., common (quar.)
$1
(quar.)
class A
Candy Shops, Ltd.
7-15
6
(quar.)
common
preferred
preferred
$2.50
Lees
Co.,
30c
5c
Factors,
Secord
Leath &
Warehouse & Cold Storage
common
Sessions
Lawrence
5-
6-28
5-15
1
(quar.)
&
Lamson
62 Vic
*
(quar.)
B
93 %c
(quar.)__
(quar.)
common
Hudson Bay
Partic. class A
Class
35c
(quar.)
Extra
Hubshman
Class
6-10
B
5
5-31
$1.0Gy4
(quar.)
common
preferred (quar.)
Lighting & .Power
Class
6-28
(quar.)
Y.) 5%
5
12-
6-25
$1.50
common
Corp.,
preferred
5-15
6-10
(N.
(s-a)
preferred (quar.)
5-15
65c
(Okla.)
Service
Public
17c
5-31
Co.
(quar.)
& Co., common
5-17
5-31
dividend)
9-
12-16
5%
(quar.)_^
(quar.)
(stock
Life Insurance
State
Hormel
Lumber Co.
9-15
45c
15c
Paper (Canada) Ltd. (quar.)
Dauch
$45c
50c
—
Hinde
5-28
6-30
5-15
25C
preferred (quar.)
Iowa Power & Light, common
Clh
5-28
2%
3
4%
4%%
3
t25c
quar.)
Southern
Iowa
5-15
$25c
(quar.)
Iowa-Illinois Gas
4-15
5-15
5c
5%
25c
,
B
5-
5-
Home
15c
J.)
5-
5-13
$60c
dividend)
Canada,
of
5-15
5-23
40c
N.
1
45c
Field)
quar.)
5
}25c
68 %c
(quar.)
(initial
6-
Mutual
$$1.25
6%
6-10
5-31
6-
1
6-10
$25c
(quar.)
—
preference
conv.
(quar.)
6-15
(quar.)
Marshall
(see
Investors
preferred
7-
20c
6-15
50c
(stock
Foundation
Investment
5-17
$2.50
(increased
10c
4.60%
Co.
5-17
1
20c
(quar.)
(quar.)
(quar.)
5%
$3
(monthly)
Assn.
1
6-
1
Utilities
Engineering
(quar.)
6-
12 (4c
(quar.)_.
class A (quar.)
Steel
City
B
$4.25
Welder
Board,
<fc
Co.
Co.
Interstate
50c
dividend
Hooker
(quar.)
9-14
50c
;
■
Intevtvpe Corp.
10c
(quar.)
(quar.)
2nd preferred
1
_
6-15
1
,|
income)
(quar.)—
6
6%
Employees Corp.
10c
Machine
Federal
(Marshall)
A
Halliburton
1
L_
Federal
Field
Co.
5-
1
3c
Fund—
Resources
6-21
27 (4 c
(quar.)
preferred
Corp.
W.)
(H.
Hackensack
9
1
1
7-
$1.25
of Central America—
(accum.) —_.—_—
preferred
6-
1
(quar.)
4.64%
5-
6-
6-
35c
.-
Interprovincial Building Credits, Ltd.
Oil Corp.
5-
30c
5-17
10-
20c
International
(quar.)
5-
(quar.)
1
50c
$1.75
3
preferred
1
(quar.)_:
6-
22c
(quar.)
6
9-
5-15
1
4-15
se¬
(quar.)
(quar.)
3
6-10
___
.'
1
4-30
$1
(Mich.)
Co.
6-27
2%
$1.25
Common
Co.
(quar.)
3
6-
1
7% pfd.
Ltd
Petroleum
6-
$1.25
5-15
(reduced)
N.
5-
1
7-
Inc.
Breweries
6-
$1.25
15c
6-
6-
$3
International Harvestor Co.,
6-
(quar.)
371/2C
___.
quar.)
75c
from
10c
1
Mobile & Ohio RR.
__
(increased
Traders
(Syracuse,
35c
6-14
plus
7-
25c
;
(s-a)
Rubber Co.
&
preferred
Gulf
5-27
from
(12c
6-27
53 Vo c
(quar.)_!
common
(quar.)_
$5 preferred
Holt
Fafoir
(quar.)__
common
(quar.)
Products
conv.
Gulf,
5-15
6-
5-17
1%
(quar.)
__
5-15
1
5%
dividend-—-
Gulf Interstate Gas,
5-15
10c
(quar.)
Products
6'
6-20
$1.25
;
common
6-
income
1
Telecasting,
60c
5-15
4-22
6-10
50c
International
Corp. (resumed)
Rubber, common (quar.)
Class
5-31
5-15
Quarterly
International
(quar.)
Corp.,
Guardian Consumer
5-15
$1.25
;
preferred
prior
5-15
$1.25
Resistor Corp
Stock dividend.
4(4%
5-15
1
87 Vic
(quar.)__
•.
Erie
Erlanger Mills,
1
$1,121/2
(quar.)
common
(quar.)
(quar.)
preferred
1
6-
40c
Pittsburgh RR. Gtd. stock (quar.)
Erie RR. Co., $5 preferred (quar.)
1
66-
20c
—
5-8
62 (4 C
;
Fund
curity profits)
Inter-County Telephone & Telegraph
7-
Hamilton
15c
(quar.)
6-1
investment
9-21
3%
—
(quar.)
preferred
Class
5-15
$1.25
(quar.)
Erie &
«.
1
15c
(quar.)
common
& Steel
6-
35c
5%
22V2C
(Ky.)—i
Hallnor Mines, Ltd
11c
(quar.)
preferred
Forge
1
25C
_
Electric,
Equitable Gas Co.,
4
6-
50c
(quar.)
4-16
3
Ltd.—
Foundation
International Textbook
(A
Gross
2
30c
(quar.)_
preferred
cents
6-14
$1,021/2
$1.41'/4
—
(quar.)
6-14
5-15
6-21
10-
$15c
(quar.)
Shares
Institutional
3
preferred
Class
-
(quar.)
Emporium-Capewell Co., 7% pfd. (s-a)
Equitable Credit Corp., 50 cents pfd. (quar:)
60
$1
5-
$1.34
(quar.)
District
4%%
5-20
$1.06 V4
Investment
Mfg.
Empire
$1.50
(quar.)
Co.
Elgin National Watch Co.
Emhart
5-15
$1,371/2
Rubber
Corp.
Electronics
3
(quar.)
Electric Auto-Lite
6-28
UOc.
5-15
6-
$1,371/2
:
__
(quar.)
preferred
preferred
Electric Hose &
.—
iquar.f
preferred
5.65%
6-15
Gas—
__
Institutional
4-19
6-
Halle Bros.,
•'
5-20
6-10
5-15
3
Ry.—
(accum.)
preferred (quar.)_!
4(4% preferred (quar.)__
5V2 %
'
Street
A
6-10
6-29
3
16'/2C
'
Monthly
25c
4.10%
5.36%
6-
Steel Co.
Inland
50c
Quarterly
$1.75
5
—
Gypsum, Lime & Alabastine
on
6-28
50c
Greeley Square Building (N. Y.) (liquidating)
this
(quar.i_
Natural
5-31
30c
Massachusetts
1st preference
Eaton
plus
(quar.)
Eastern
6-15
25c
5-23
7-
—
Silica
1
Gulf Power Co.,
_.
Eastern
6%
called
issued
share
per
dividend)
Eastern
131.75
Industrial
7-
West Coal,
Green
4
Co.—
A.)
shares (initial)
Enterprises (stock dividend)——
Corp., 6y2% pfd. (quar.)__
Industrial
6
7-
Great Lakes
$5
Water
6
5-
55c
preferred
Great
East
•
5-
5-31
Atlantic & Pacific Tea Co. of -America
6%
Eason
5-15
6-15
59 %c
Union
7%
5-24
3
S.
4-30
6-10
20c
(Mexico,
5-31
20c
American
6-10
35c
45c
Common
.
(s-a)
preference
5-17
:25c
50c
-
Electric
(quar.)_
Stock
4-30
10c
.
14c
30c
*
5-29
5-15
,
.
Industrial
(From net investment
International Silver Co.
preferred
Class
Grand
9
3
5-17 v
—
-
3
Granite
$30c
Duriron Co.
(quar.)
Dynamics Corp. of America—
$1
5- 3
$14c
Duquesne Brewing!
;
5-15
35C
Ltd., class A.(quar.).
preferred - (quar.)
4.80%
1
5c
Inc.
(quar.)
Dupuis Freres,
>
1
5-
Common
1
6-
1
from net investment income—
Products
(quar.).
Development Corp., common
6-
Gossard
1
5-
6-
Steel
60c
j
Corp.,
Grafton & Co.,1 Ltd.,
Class A (quar.)
5-
5-15
5-17
$37'/2C
Quarterly
6-30
Government
5-
50c
(quar.)
Laboratories,
Bradstreet, Inc.
5-15
45c
preferred
40c
_.
1
1
Boston—
of
International
Goodyear Tire
50c
—
6-
Fund
Income
5-10
6-
(quar.)___
Alden
6-
-n
5-15
5-15
Gladden
25C
.
1
5-15
Co.
45c
preferred A
(quar,)_.
:
6% preferred B (quar.)
Dravo
Corp.
(quar.)
6-
1
Gillette
37 Vic
4%
;
5-15
Co. of Ohio—
convertible
12 Vic
(quar.);
common
1
1
5(4%
5-22
4-25
6-29
$32y2c
(quar.)
Oil Co., 4% preferred
Giannini (G. M.) & Co.—
5-22
v
.
—
6-
Ingersoll-Rand Co., common
Getty
50c
.
5-20
—
6-
preferred
5%
9-18
12-18
(quar.)
common
6-
Stock
4-30
5-15
Power,
9-30
12-30
6%
Imperial Chemical Industries (final)
Imperial Flo-Glaze Paints Ltd. common
$1.50 convertible partic. pfd.
(quar.)___—
55c
4.25%
4-15
(s-a)__
(quar.)
1
6% preferred (s-a)
Ingram & Bell Ltd., 60c pfd.
(quar,)
Georgia-Pacific
50c
<
Idaho
1
3-25
(quar.)
6-18
35c
1
6-14
common
6-29
$1.25
6-
,
5-17
$1.25
;
5-10
(quar.)
5-15
1
6-
$1.25
6-15
(quar.)
5-15
5-31
50c
8-
Telephone
Goodall
5-21
5-31
(quar.)
5-
56c
4.40%
Glen
5-31
6-21
$1.25
(quar.)
A
6-15
International Rys.
General
4-30
$25c
preferred
preferred
(quar.)_
T___
Telephone Co. of Pennsylvania—
preferred (quar.)
$2.20
$2.25
5-15
1
5%
34c
.
5-10
4-30
6-
12y2C
(quar.)
11-
45c
;_
1
5-20
100%
div.)
50c
Ltd
Co.
5-10
Inc.—
Huttig Sash & Door, common
5%
preferred (quar.)
5%
preferred (quar.)
5%
preferred
(quar.)
$1.75
(quar )
Telephone
General
6-20
6-
Common
Industries,
35c
(Calif.)
preferred
preferred
5%
&
8-15
56V4c
:
5-10
6-1
60c
Production (quar.)
& Refining (stock
Oil
Foods
Industrial
________
5-10
26c
(quar.)
Castings
Wares.
General
1
6-
.
.
(quar.)
Steel
4(4%
6-14-
10%
(quar.)
5-15
75c
(quar.)
1
35>/4C
11-15
..
(quar.)__(increased)
Steel
9-13
5-15
Ltd.—
Co.,
1
$1
__
5-10
6-
6-14
•
Advertising
General
5-15
9-20
39c
Works,
3-25
7-
35c
:
Cement
General
5-20
$$1.25
:
5-24
5-20
1
35 %c
(quar.)____
Utilities
General Telephone
6-15
6-
$20c
Common
Portland
1
25c
(quar.)—
(stock div.)
Chemical
&
General
General Public
5-15
35c
shares
(quar.)
common
Engineering
Outdoor
5-20
10c
__
Extra
Tar
General
4.75%
(quar.)
Dominion Electrohome Industries, Ltd
Dominion
Co.
5-15
5-28
25c
preferred
1
•;
common™
Corp.
5
4oc
shares
preferred (quar.)
Dominion Bridge Co., Ltd,
Dominion
6-
15c
common
1
5-15
25c
6-
32c
10c
(quar.)
Oil (quar.)_.
General Telephone
5%
5%
$1
12-15
$1
(quar.)
Doeskin Products,
.
6-15
c
40c
Manufacturing,
5-
5-25
10c
(quar.)___
Co.
preferred
Crude
Inc.—
Cox Fund—Beneficial
&
Beneficial
Dodge
6-14
12(4c
—
Co.,. common
Industries
,
(quar.)
Co.
1
__
(accum.)
Dynamics
6
dividend
Pepper
5-
5%
,_
.
General
6
5-
10c
Stock
5-15
25c
(quar.)
common
General
5-10
3
investment income
$1.18%
6-
3i%c
10c
Service
7%
5-13
3
6-
Extra
Dr.
6-
6-
_—___
Fund,
Hunt
_______
__
Gardner-Denver
5-24
6-
$2
(quar.)
Quarterly from net
Dobbs
1
6-17
20c
Investment
Humble
1
Indiana
3
40c
■
Diebold, Inc. (s-a) 2
Alkali
3-28
4-26
6-
—:—
1st
1
5-
^
(quar.)—.
Gar Wood Industries—
y.. .--t
preferred (s-a)—___
*$2.50 to $3.50 1st preferred (s-a)
Denver Union Stock Yard (quar.)
;
Diamond
1
1
(quar.)—_—
class A
Corp.—
$3.50
to
35c
30c
——,—
(quar.)
Tramway
Hugoton
5-
35c
preferred (quar.)
Freeporc Sulphur Co. (quar.)
5-15
5-15
12 Vic
—
RR.
(quar.I
1
7-
37 Vac
______
Lines
Air
8-
30c
_
—
Delaware,
Delta
6-
$$6.25
4
,
(quar.)
6-10
5-15
;
1
interest
beneficial
of
Units
6-20
,
6-
Hugoton Gas Trust—
5-15
(s-a)
<
4%
7
50c
12 Vic
Day-Brite Lighting (quar.)
David & Frere, otd., ciass
Davstrom, Inc. (quar.)
9-20
12-20
,
Inc.
General
$2
6-20
1
1-1-58
45c
—__
(quar.)
Ltd.—
Dairies
General
7
_
A
Motor Co.,
Quarterly
Quarterly
'
r$2. non-cumulative .class
Wallace, class B
Friedman
1
'
.
.
6-
of Ree.
3iy2c
(quar.)
class A
& Paper,
preferred A (quar.)
preferred B (quar.)
5.70% preferred C (quar.)
$1.41 2nd preferred (quar.)
$1.15
:
preferred A
^
5%
(quar.),
Hudson Pulp
$1.10
-
_______
___
6
6-14
9-27
&
Inc.
(quar.)
common
Ordinary registered (final)
6-14
28c
preferred '< (quar.)
Mart
Foremost
4-15
6-29
Corp.,
Tiger Line,
Forbes
6-6
-
Power
Flying
5-31
$2
(quar.)
Florida
Food
■I5UC
(quar.)
.
1
4-30
$1.75
class
7-
10-
,
(quar.)
7>
10c
non-cumulative
6-14
preferred
$1.75
Curtis-Wright Corp.-?-
1
5-16
Quarterly
Cuneo
7-
4.75%
6-1
(quar.)
(quar.)
Apartments
Flagg-Utica, 5% prior preferred (quar.)—62(4c
Fleming Co., 5% preferred (quar.)
$1.25
5%
preferred (quar.)_.
$1.25
5%
preferred (quar.)
$1.25
1
1
Holdert
5.12%
8-
28 Vic
(quar.)
preferred
5-20
(quar.)
(quar.)
Sugar—
preferrea
7%
<■
1
Ford
12 Vac
12 Vic
(quar.)
preferred
6-
B
—'
(quar.)_.
(quar.)
11-
When
Payable
5%
30c
Class
preferred
,
,
Crystal Oil & Land Co., $1.12
$1.12 preferred (quar.)
f
*
Ltd.. iquar.)
8%'
5-20
preferred
6-15
-
Seal,
Forster,
1
4.44%
5-15
.
4V2%
6-
n
—
Stores, class A
4.60%
933/4C
;
Sexton,
30c
Fitzsimmons
1
11-15
(quar.)___
(quar.)
Class
■<
6-
5-
U7V2C
(quar.)__
Name of Company
1
5-24
5-16
8-15
Per
Share
Holdert
7-
7
6-
$4
$4
Crane
When
Payable of Ret.
130c
5-23
$4
v.
.
Ltd.
Share
(s-a>
class A
6-10
62 Vic
,
<G. & H. W.)
(quar.)
Cosmopolitan Realty (quar.)
Mills,
Ltd.,
___
Corson
Imperial
Per'.
Name of Company
Fittings,
5-15
(quar.)
preferred (quar.)
_
!
convertible preferred (quar.)
Cosmos
5-15
75c
—
Copperweid Steel. Co., common
5%
of Reo.
(quar.)
Copp Clark Publishing Co.
6%
Holdert
Payable
25c
(initial)
.i
Refrigeration
Copeland
When
Share
of Company
Cook Paint & Varnish, new common
49
(2141)
Tobacco
$1
(quar.)
6-
1
6-10
35c
8-
1
7-10
35c
11-
1
10-10
Wayne)
'
SO
U
(2142)
When
Per
hame
Lincoln
Service
Stock
$1.50
(Wash., D.
Corp.
(quar.)—_<
_
Co.
Common
3'A%
(quar.}_
Miami
National
1
5-
6-
1
5-15
National
1
8-15
1
5-15
National
1
8-15
National
RR.—
6-10
$1.10
9-10
8-16
Original capital
Original capital
Special guaranteed
Special guaranteed
$1.10
12-10
11-18
$1.10
(monthly)
(monthly)
preferred (quar.)
Common
8%
London
$3
preferred
4.84%
12-10
11-18
National
Lead
3-10-58
2-17
National
Pool
5-15
National Rubber Machinery
,
4-19
v
5-20
1
4-30
5-31'
6-29
6-18
7- l
6-20
.:/
7%
non-cum,
45c
$1,076
2
6-14
non-cum.
preferred
Nashville
Neon
6-15
5-24
$1.75
(quar.)_.
RR.
—
Lucky Stores. Inc.
(quar.)——_—
steel
Co.
(quar.)-
1
Lynch
Corporation (quar.)
Lyons-Magnus, class B
10-23
Nestle-LeMur
1
New
Jersey
5-15
5-
5
New
York
Air
Brake
MacLeod-Cockshutt
Gold
Mines,
1
5-31
New
York
Central
4-30
New
York
Dock,
Ltd
New
York
State
$5
Co.,
(R. C.i
Co.
6-15
*3c
6-15
5-
8
Corp., Ltd.—
Convertible priority
'
G-
7
5-28
Norfolk
6-30
6-14
Normetal
35c
6-10
5-10
4%
shares
(quar.)-
Mallory (P. R.) & Co. (quar.)
Managed Funds, Inc.—
"
■.-'/Metal shares
A
Stores (stock div.)
Manitoba
Saskatchewan Coal,
class
4-24
5-10
4-24
5-21
5-
6-
1
5-15
Common
6-
1
5-15
4.40%
(quar.)
preferred
Capital
5-20
Northeast
Northern Life
50c
5-31
5-15
-
____
_________
;___
_____
Massachusetts Bonding &
Massachusetts Indemnity
25c
5-31
5-15
Northern
Insurance
40c
5-15
6-
5-24
3
(quar.)
&
57o
class A convertible
Corp., common (quar.)
4'A% preferred (quar.)_.
5%
preferred
Melville
Shoe
43/i%
■
10-
1
5-
on
6-17
v
6-
1
5-10
Oak
6-
4.35 %
preferred
Ohio
5-15
4-30
7- 1
Ohio
6-28
6-14
Ontario 8z
3oc
9-30
9-13
30c
12-20
Ontario Steel Products Co., Ltd., common—
7%
preferred (quar.)
6-24
6-
3
12-
6
II
12'Ac
5-16
5-
6
95c
7-
1
6- 4
7-
1
6-
4
96'Ac
7-1
6-
4
;
(quar.)
Public
4.30%
Modern
Class
A
Montrose
$3
(quar.)I
5-21
6-14
6-
5-14
Pacific
5-15
5-
Pacolet
6-29
5-31
5-10
4-26
~
5-15
5-
3
5-15
5-
3
35c
5-31
5-15
7-
1
6-15
7-
$1.10
5%
con v.
5-31
5%
conv.
6-17
5-31
5%
conv
1
6-14
1
9-13
5-10
4-26
5-22
Parmalee
6-12
5-22
Pato
common
~(s-a)I~
6-
1
6-
3
5-20
7-
*25c
*25c
Co.
IIIIII
(quar.)
common
preferred
A
6-20
Peninsular Telephone
5-24
7- 6
6-
5-15
5-
(quar.)
t45c
7-
5-31
Inc.,
(quar.)
6-10
5-20
25C
5-15
2
5-31
5-31
$1.32
1
5-15
6-15
(incr.)
com.
6:
40c
_,
;
1
6-
1
4-12
4-12
'
5-
1
*
$1
5-31
40c
(quar.)
1-
6-
*$1.18
—I__I
6-10
$3.50
—c
30c
(quar.)
*
26% c
5-10
5-15
6-20
6-
6-15"
-
3
5-10
6-15
-
6- 1
A
/
5-10
Ltd.,
Penn Fruit Co.
,
4.60%
4
$2.09
6-11
6-
6-14
Owl
Stores
(quar.)
Mutual Investment Fund, Inc.—
(8c from net Investment income
( •
-from realized profits)
_
50c *
5-16
$1.14
3
6-
3
56-
1
2c
Class
A
5-15
5-1
5-24
6-15
5-15
Reynolds
37 %c
5-15
4-30
Class
593sC
5-15
4-30
Richfield
Oil
61j,2C
/ 5-15
,4-20
Riverside
Cement
Rexall
Drug
B
$5c
,,
1
5-17
6-14
5-31
6-
1
5-
$1.50
1
5-15
$25c
Robbins
4-15
(quar.)
(quar.)_^—
-i
(quar.)
Corp.
5-15
4-15.
4%
5-24
5-
5-15
43A%
6-
1
5-15.
4.95%
6-
1
5-16.
Rochester Transit (quar.)
6-
1
5-15
Rockwell
6-
5
5-13
Rockwell
preferred F (quar.)
preferred H
(quar.)_
7-
1
6-12
5-15
6-
5
5-22
Class
,37 J/2 c
5-15
4-19
4-19
Ross
31'Ac
5-15
4-19
Ross
5-15
4-19
5-15
4-19
C
5-15
4-19
5-15
4-19
5-15
4-19
5-15
5-
8
K
(quar.)___.
Spring & Axle (quar.)__—
Haas Co., common (quar.)—_—__—
preferred
A
B
Tool_.—
(quar.)
S
Inc.—
"?*•
Fine Foods,
W
5-15
3-15
3-29
5-17
4-19
45c
6-15
5-31
7-
1
6-15
St.
Paul
St.
Regis Paper Co.,
5-15
4-30
7-
1
1
9-16
1-2-58
LouLs San Francisco
4
V
Ry.
1
preferred (quar.)
$5 preferred (quar.)
$5
preferred
(quar.)
12-16
Fire
6-
8-
1
1
1
•
-
'
5-
6-14
5-16
4-25
(quar.%:.
6-
5-17
1
5-15
4-30
7-
1
6-10
5-15
4-25
5-15
8-15
7-25
Arms
32%c
7-25
7-25
*35c
5-15
4-12
2%
—
i
8-15
8-15
6-15
5-20
(quar.)
A
B
(quar.i
D
(quar.)
Dillon
preferred
Seaboard
Finance
Co.,
1
5-10
1
5-10
$4.75 sinking fund
$5
5-10
5-10
6-
1
5-10
$1.15
6-
1
5-10
45c
—
1
1
$1.12%
(quar.)
6-
7-
1
$1.06
6-
1
6-
7
sinking fund
Seaboard
Seaboard
Sea grave
Oil
(quar.)_—%
—__
35C
6-10
.
5-15.
Co.
5-
8
.5%.
15c
6-30
5-17
Class
5-15
6-
X
.
'
■■
5-
:*
.'6-10
4-22
1
4-24
5-10
.
1
4-26
,
.
.
6-
3
9-
3
12- 2
7-17
-
7-10
6- 1
4-26
6-
7
5-
1
8-15
8-
1
11-15
11-
1
.
(qpar.)
A
27'Ac
50c
1
5-10
6- 1
6- 1
6- 1
6- 1
5- 8
5-10
5-10
6-
5-10
5-10
5-10
5-22
4-19
5-17
5-
8
5-17
5-
8
7-17
8- 1
6-10
8- 1
8- 1
5-15
91 %C .
6- 1
v12%c. ' .6-10
525c
^6-1
+31 %c
6- 1
,
•
25c
-
7-10
7-10
$1.183v
$1.25'
7-10
6-14
.
—
(quar.)
Servomechanisms, Inc.
Shawlnigan
_
(quar4)_£i—1
—
(resumed)
Corp.
——
(quar.)/—--
common
preferred
(quar.)_
Surety Co.
preferred
—
preferred (quar.)———
Securities Acceptance Corp^
_
(quar.)—:
common
(quar.)—-
6-
6-
——
3.65% pfd. (quar.)
Inc., class A (quar.)__—__—i:
Scripto,
5-15
5-17
7-19
$1
85c
35c
Mfg.,
6-
$1.01
_
1—
(quar.)
(quar.)_
Co. (quar.)
$1.10
$1.17%
—
(quar.)——
(quar.)
preferred
92 %c
L.
(quar.)—__—
(quar.)
A
common
(quar.)
Scythes & Company,
5%
Co.—
preferred
Paper Co.,
Scovill
^
25c
Scotten,
5-10
Corp.—
preferred
$3.40
1
6-
,
29%c
29}Jc^
29Uc
293,»c
25c
25c
25c
Schering Corp. (quar.)
$4
„"5-lQ
1
6- 1
fi- 1
6- 1
60c
(quar.)
C
preferred
5'A%
5-15
5-17
15c
(quar.)
Scott
8-15
5-20
7- 1
5-15
(quar.)
common
Scbenley Industries
4-25
5-15
35c
$1.10
15c
(reduced)——.—
(quar.)
*
Co., common
—
(quar.)
4-25
5-15
33c
5-15
>
6-15
30c
-
preferred
preferred
Schwitzer
5
5
5-15
•-
$1.25 •>.
6-17
$1.25 /
9-17
$1.25
12-18
-
com
Corp.
Savage
5
6-
6-
15c
preferred
494%
6-
i
,
-6-
30c e*
*
'
—
Water Works,
4%%
50c *•
Sir
.
Common
1
5-15
6-28
7-15
8- 1
6-15
6-15
6-15
•
•
25c
$4.40 1st preferred A
Ban Antonio Transit
San Jose
5-15
5-15
.
5-15
-
Marine Insurance
&
5-15
.
5-24
—
$5
j
6-13
10-
St.
5-16
30c
6-10
v .
,
30c
5-10
*15c •*.. 5-15
$1.12%7-1
25c
5- 6
O.)
Ryder System, Inc.
&
5-10
1
—' **
Engineering (quar.;
—
Roxbury Carpet Co. (initial)—
—
Royal Oak Dairy Ltd., class A (quar.).;——
Ruppert (Jacob), 4%% preferred (quar.)—
(J.
-
-
*20c
tlOc
+$1.06%
(quar,);
preferred
&
-.
class A (quar.)—_
:
(quar.)
Gear
9-13
9-13
r
(quar.)
Ltd.,
Paper Co.
5-10
2VaC
(quar.)___
Manufacturing
4J/4%
5-15
preferred
Rolland
5-15
6-14
6-14
1
$bx
6- 1
$1,02»A t
6-1
$I.18JV . 6- 1
$1.23.%',6r 1
% 10c ■* .. 6- 1
55c '
6- 5
50c-"* 6-10
—<
(quar.)_—__—
preferred I
Rohm &
1
4-15
'
10- 1
10-
50c
37',Ac
8 'Ac
4.10%
6-10
6-
7-
■
J
Electric—
&
50c
$1
.
9394c.
Participating
J3c
4-15
12-13
-
—
Gas
6-14
_•
1
,
.
4-30
,
(quar.)__—
Co.—
5-15
4-30
*28c, 1-1-58
55c
6- 1
12J/aC
6- 7
k 80c
6- 5
,'<> 80c
,
6- 5
75c,*
6-15
(R. J.) Tobacco, com, (quar.)
(quar.)_,
—•
Rochester
8
_
*27c
400
*$1.75,
»
6-15
7- 1
partic., class A (accum.)—
& Myers, Inc., common, (quar.)_—
preferred (quar.)
$1.25
6-
$1.06'A
Co.
5-23
5-15
6-29
5-15
-
t5c
5c
'
.
' ?2c
*28c
(quar.)——
(quar.U
Copper «fe Brass
4-11
5-15
5-15
A
Revere
--
l'A
Extra
5-15
25c
Corp.—
.
I._.j_..
I
(Balance of undistributed net Income)—*
Pennroad
,10c
5-31
5-29
6-13
6- 1
6- 1
5-15
■
t5o
1
6-
50c
50c
—;—
Mines,
Class
..
35c
2'Ac
25c
.15c
Extra
1
6-15
. _
*
Ltd. (interim.)
Renold Chains (Canada), Ltd. cl. A
4-30
6-
*$1.75
32'AC
—
Pennsylvania Railroad (quar.)
plus
4-22
Extra
(quar.)
4.24%-pfd.
5-15
_
35c-^
r
—__
dividend
4.70%
Pennsylvania Glass Sand (quar.)
.Pennsylvania Power,
*
•«
;
(quar.)
Tile
'
C.)„ Co.
50c
:
—
n
5-31
33c
preferred G- (quar.)
4-15
I2V3C
31(4c
Renabie
31 %c
(quar.)
-
,'5-10
.
■-
Stock
20c
(stock dividend)
Pennsylvania Electric
4.40% preferred B
3.70% preferred C.
4.05% preferred D
4.70% preferred E
4.50% preferred F
(.increased)
Pile
(quar.)Jl__
(quar.)—
Reed Roller Bit (quar.)
Reichhold Chemicals, Inc
8%C
(quar.)
common
''
"
—
Reading Tube Corp., common (quar.)_
$1.25 convertible preferred (quar.)—
5-31
preferred
5%
:
Reading Co., common (quar.)__—.—___—_ —
.•4% 1st preferred (quar.)—■
Redondo
12V2C
$1.32
Penman's
pfd. (s a)
common
,
'
5-15
25c
6-
37'Ac
*22y2c
(quar.)
7%
3-15
1
Ltd.—
preferred (quar.)
preferred
(quar.).
$1 preferred (quar.)
$1.30 preferred (quar.)
7-
$1.25
H~
(quar.)
(Henry) & Co., Ltd.,
43A%
preferred
(quar.)
Morrison-Knudsen Co. (quar.i
Mount Vernon Mills,
1
Co.—
7- 2
t$1.75
4-15
——.___—
stock dividend
Concrete
4.70%
$1.30
2
dividend
6-10
20c ...6-12
30c 16-15
5%
*
5-10
(quar.)
Electrotype,
Stock
—
(increased)
SI preferred (quar.)
1
Morgan
Motor Finance Corp.
Motor Wheel
Corp.
1
6-
2V2O
Common
7
75c
Co.
(quar.)—
4-26
2%C
Pendleton Tool Industries (quar.)
5-25
15C
Purina
4-30
,
...
1st preferred (quar.).
Inc.
Rapid
■
of America—
5-31
5-15
JVaC
:
6-20
3
50c
3
4-15
5-
7'Ac
—
(quar.)
6-15
(quar.)
<
5%
preferred
(quar.)
Moore-McCormack Lines
prior pfd.
5
5-17
50c
6-15
j
*35c / .5-24
*30c/ 6-28 ./
-
5-25
$50c
Peabody Coal, 5%
-
3
4-24
5-15
SI
(quar.)
Dredging,
5-31
(quar.)
(quar.)
B
Gold
61.
Reading & Bates Offshore Drilling Co.—
30c convertible class A
(quar,)_._—»• .7'Ac/, ; 6-30
22 %
25c
_
Service—
Ltd.,
Transportation
5- 1
MlVaZ'-7- 1
(quar.)
A
Common
15c
I—IIIIII
(quar.)
—
5-16
$1.07%
—
Radio Corp.
20c
Inc. (Kansas City)
35c partic. pref.
(quar.).,
Consolidated
-I
—,:.
(interim
Ltd.
class
Inc.,
4%
(quar.)
Parkview Drugs,
6-12
Mining,
Quemont
4%
Parkersburg-Aetna Corp.—
Common (stock dividend)
10-
'•/
Raymond
$1.50
common (quar.)
preferred (quar.)
preferred (quar.)
preferred (quar.)
7-
4-26
,
Rayonier, Inc.
27 Vac
Chemical Co.,
6-15
y
4-28
5- 6
30c
—
18c
(quar.)_I
H
(quar.)
preferred
Park
1
6-17
'
4-28
.
5-24
50c
preferred (quar.)
50c
(quar.)_
common
preferred
5%%
4%
,
5-15
.•
"
-
6-28
28'A
Airways Inc
75c
7%
'■
American World
I
5-15.
—
Quaker State Gil Refining (quar..)
Quebec Power Co.
(quar.)
31'Ac
—
Mfg.
Panhandle Eastern Pipe Line, com.
,i
5-15
.
—
I
34 %c
,
Lighting (quar.)—
90c
Moore-Handley Hardware—
&urphy jCG.
Pan
.
5-15
4-22
"
(quar.)_
2
5-1711+18
________
20c
(quar.)
Palestine Economic
(stcck dividend)—
Pan American Sulphur (stock dividend)
2
4'Ac
7%
Munsingwear,
1
5-
-•
6-15
6-
I
Ltd.
(quar.)
(quar.).
5-20
6- 1
12- 1
6- 1
5-15
Colorado—
of
62i/2C
Electric, 6%. preferred (quar.)
preferred
Co.
.if 0."
■.
..
i-i—«'
$1.25
(quar.)
1st preferred (quar.)_________
1st preferred A (quar.)
4.80% preferred (quar.).—
4,50% preferred (quar.).——,—
4.36% preferred (quar.)
8-16
7-11
%
5-10
v
.;/j
_ ,
,
,
(s-a)_____—
90c
Investment,
Co.
_
5-15
$1.10
preferred
&
AUyn
7-25
6-
—
5%
5%
11-15
37'Ac
—
(quar.)
Chemical
Corp.,
5 J/2
v
35c
common
participating preferred
Moore
8-31
6-14
'A %
Chemical
Moody's Investors
Pacific Gas &
5-16
11-30
f
$1.15
Cement
Ltd.,
6-14
1
25c
—
Canadian
Pacific Gamble Robinson
*50c
(quar.)
Mills
convertible
of
-
4%
11-15
5-31
75c
dividend
preferred
Monarch
4%
8-16
$1.37'A
Line,
Service,
7-
$1.12 %
,
(quar.)
75c
Containers,
Monsanto
11-30:,
10c
(quar.)
Portland
5-15
$1.31%
(quar.)
$3.60
4
5-18
8-31
37'Ac
(irreg.)
Stock
5-31
30c
■
Missouri
5-15
t$3
Oxford Paper, $5 preference (quar.)
Owens-Illinois Gas Co., common (quar.)
.6-4
6-
$1.12'/a
a—
(quar.)
Missouri
Mfg.
common
share
(one
—
6- 4
$1.12%
(quar.)__I__II
(quar.)— ______IIIIIIIIII
Pipe
&
Power,
5-10
70c
(s-a)
preferred (quar.)_
$4.40 preferred (quar.)
4
6-14
$1.12'/a
B
A
6-
6-14
56'Ac
Missouri Pacific Railroad
Class A (irreg.)
Class
1
56'Ac
_
Class
7-
56 %c
(quar.)
(quar.)———
preferred
Marine
Tail
Pacific Atlantic
Minneapolis & St. Louis Ry. Co. (quar.)
Mississippi Power Co., 4.40% pfd. (quar.)—
4.60%
1
10c
._
Missouri-Kansas
7-
30c
Piping Co. (increased)
Mining Corp. of Canada Ltd
Minneapolis Gas Co. (quar.)
Minneapolis-Moline Co., $1.50 pfd.
preferred
Quebec Ry.
6
4-27
*69c
4.56%
convertible preferred (quar.)
Jockey Club Ltd., common (s-a)—_
Outboard
Otter
'
$1.08%
$1.11'A
Midwest
$5.50
'
5-
_
preferred
Ralston
50c
Ontario
5-17
4-26
5-15
15c.
*40c
—
5-21
1
1
4-26
.
-; 30c '.
,
i.'f
-
5-24
5c
(quar.)
6-14
6-
—.
(quar.)
preferred (quar.)
4%%-. preferred (quar.)
6-24
to any
6-15
5-17
(increased)—
Corp,
$4.20
$3.50
'
(quar.)
Co.,
5-
5-15
,
$1.06'A,
6-1
$1.051- 6-1
t-a- $1.12Va / i:6r 1
Public Service Co. of New Hampshire— •'
•' :
'i Common
fquar.)___
—_
"v, 25c/ .
5-15
/
3.35%
preferred (quar.).
___;—
-"84c
*5-15
4.50% preferred (quar.)___—.__—
$l,12^a.: vt'j 5-15
Public Service Co. of New Mexico—
/
1 ••%.,/ ;
•>
Common
(increased quar.)
<"
.5-15
5%
preferred A (quar.)
$1,25
6-17
Puget Sound Power & Light (quar.;
.34c ! • 5-15
4(A%
-
5-24
35o
pfd.
5-20
5-15
.
5-15
5-15
/ 6- 1
;
J
20c , • 5-15
(quar.)_________________
ly. t30c
6-15
ivg J30c v 6-15 >
Coke
6
*
7-15
6-14
(quar.)
Products
Water
Edison
Service
5-24
25c
preferred (quar.)—
Oklahoma Mississippi River Products Line,
Inc.
(quar.)
!
Oklahoma Natural Gas, common (quar.)
4^4% preferred A (quar.)
4.92% ,preferred B (quar.)
Olin Mathieson Chemical,"
Co.—
Abrasive
Inc.
Crankshaft
25c
—_______—7%c
•
.,
—_i—$1.25
5% preferred (s-a)_
——
$1.25
Prince Gardner, Inc. (quar.)
u.
' .
25c /
Procter
Gamble Co. (increased quar.)__—
50c A
1
40o
Co.
(quar.)
(initial s-a)
Official Films.
J
6- 1
held)/
preferred
7-
"
preferred "$100 par"
4%% preferred "$100 par"
Middlesex
Manufacturing
5-
7-1
6- 3
5-15
$1.75 ;»
5c
.
..
(quar.)__——
common
(quar.)
&
Steel
dividend
mon
6-20.
100%
(initial quar.)
subject
shares
Ogilvle Flour Mills Ltd., 7%
97'Ac
4'A%
Mid-West
American
4
5-20
_•
?.;
,
Bacon, Inc. for each two shares of com-
*
5%
44c
(quar.i
new com.
6-14
■;
4%% preferred "$50 par" (quar.)
4%% preferred "$50 par" (quar.)
4'A% preferred "$50 par" (quar,)
4% % preferred "$100
par" (quar.)
t
Pharmacal,
">
5%
Co., Ltd., common,.
6-14
1
;;
Mickelberry Food
Co.
Gas
4
6-
.
Stock
Ranco,
30c
preferred (quar.)
Meyer-Blanke
(quar.)
&
Oklahoma
6-
5-31
(quar.)_—
Telephone
5-10
|
Extra
5-31
6-20,
—
35C
4.45%
Michaels, Stern
6-20
■'.V;
—-
1
6-
_____
5-21
3
5-20
-5-31
6-10
5-
Prentice-Hall—
48c
—
4%
_
4-11
6-28
37 %c
1st
4'A%
(quar.)
(quar.):
5-13
5-10
(Seattle)—
1
'
pfd.
6-10
25c
—
7-
$1
.___
5-31
4-30
* 10c
change in the
foreign exchange rate
prior to May 31. Union of South Africa,
non-resident tax of 6.9% will be deducted
1
25c
(quar.)
Metropolitan Edison Co., 3.80%
3.90% preferred (quar.)
preferred
—.—
37 V2C
~
2
—I _™ ZIII
5-21
5-15
.
River,. Ltd.
Radiation,
(quar.)—.:—
(stock dividend)
7-1
,_!
;
_.
3.85%
Ohio
the
on
7-
2c
common
Quarterly
Quarterly
.Quarterly
Messenger Corp.
1
6-14
5%
'/•"•.
34%c
v.,
5-31
25c
—
(quar.)
6-
$1
,
——
7-13
Merritt-Chapman & Scott—
dividend
5-15
40c
5-31
6-12
$1.06 Ve
_
_
Stock
1
Corp.—
1
8-
$1.1894
preferred B (quar.)
Men gel Co.
(quar.)
6-
'
6-14
..»
:~A%
7
Gas
Extra'
Red
1
40c
;
(quar.)
7
6-
Corp., (quar.)
62^20
A
6-
1
—
50c
(s-a)
Stores
1
50c
.___
1
7-
O'okiep Copper, Ltd. American shares
A payment of 15 shillings equal to $2.00
Corp.—
preferred
Mercantile
6-
25%
Johnson & Co., common (quar.)
4% preferred (s-a)
Meadville Telephone, common (quar.)
7-
6-14
i
Mead,
6- 7
90c
6-29
preferred (quar.)__
Mead
4-19
1
.
Norwich
70c
dividend)
McNeil Machine &
Engineering—
t Common
(increased)
;
5-15
7-
—
5-17
7
10-31
|50c
(stock
8-16.
(quar.)
(quar.)_:—
5-31
Mines, Ltd.
(quar.)
Robbins (increased quar.)-.
Trucking
5-17
9- 3
5
5-22
62 '/2C
$1 -v 7-15
—
.
62V2C
—
6-10
15c
—
4-30
Mclntyre Porcupine
McLean
(quar.)—
50c
(quar.)
5-15
$1.12%
5-31
4%
(quar.)
._
preferred
5-31
Dock—
*40c
——
$2.50
5-10
$1.12%
——;
Dry
dividend.
512%
Inc.,
preferred
Powell
5-1
6-10
A
93%c
preferred (quar.)__
—
Northwest Bancorporation
(quar.)—_____
Northwestern Public Service, com.
(quar.)__
4(2 % preferred (quar.)
5V4:%, preferred (quar.)____.
—
__
&■ Hegler Zinc Co.—Stock
dividend
McColl-Frontenac Oil Co., Ltd., com.
McCord Corp., common (quar.)
./ 6- 1
5-28
common
Insurance
6%
Public
(interim.)
Northern. Quebec Power
Matthiesscn
McKesson
Stock
Northern
Insurance
:
Mathews Conveyor
5-
5-27
25c
(quar.)
5-15
20C
Life
&
Quarterly
6-15
+5c
Indiana Public Service—
5-31
Talbot
1
50c
preferred (quar.)
5*2% preferred (quar.)
Northern
6-10
(quar.)——-.
5-
40c
6%
7
6-15
Marshall Field
Ry.,
Car
*20c
__
5-15
Gas—
&
Investment
5-10
30c
(quar.)
Extra
American
American
32'Ac
Marchant Calculators
1
7'Ac
/■:.
(quar.)
preferred
*20c
A_
Class :B____________
Manning, Maxwell & Moore (quar.)—
Co.
Western
5c
100%
.
5-31
5-
;v 37'Ac
:
preferred A
Mining Ltd.
9c
______
Mangel
&
&
&
7- 5
50c
4%
adjustment
North
North
.
___
Investment shares
RR.
6-15
5-15
6-
6- 4
6- 1
50c
Potter Company
7-19
(quar.)i_
common
(quar.)
5-
60c
Share Corp.- (quar.)
Lites, Inc. (stock dividend)—
*25C
(quar.)
Mailman
Co.
5-15
Niagara
Noma
&
Portsmouth
(quar.)
Nopco Chemical,
9
Poor
Portland
20C
25c
;
preferred (quar.)
5-10
50c
4-26
$4
4-30
(quar.)
preferred (quar.)___*
4J/2% preferred (quar.)___.
$4.50 preferred (quar.)__
Newport News Shipbuilding &
5-15
5-24
25c
$1.25
30c
preferred
1
4-30,
35c
(quar.)—
(quar.)—
common
Pittsburgh, Youngstown & Ashtabula Ry. Co.
7%
preferred (quar.)
Plymouth Rubber (quar.)
5-25
*15c
5-10
6- 1
,6- 1
6-30
6-30
25c
$1.75
50c
.
„
pfd.
7%
(quar.)
Pillsbury Mills Inc.,
5-15
5-31
5-
__
(quar.)—_
common
non-cumulative
Mahon
$$1.25
Ltd.--——2—A-_-A/
Mines,
Mucinillan
____
5-15
Pepper Co.
:
$1.50,
$1.06%
3%%
1
4-30
5-15
v
Common
5-24
10-
'
Macassa
(quar.)
pfd.
Dr.
(quar.)
5-15
1
20c
15c
$1
$1,
..
5-15
6- 1
6- 1
5-20
6-15
6-1
20c, ;
,
(quar.)
Philadelphia, Germantown &> Norristown RR.
15c
$2
Electric
*5c
.
MacKinnon Structural Steel Co., Ltd.—J
5%
1st preferred
(quar.)
:
t'.
common
4-30
6-10
4-15
5-27
5-
See
&
common
25c
;:-
(quar.)_,
(quar.)—
6-
10-15
5-24
1
6-10
5c
35c
Ltd.
(quar.)
Co.
5-15
5c
12- 6
'
(increased)
Co.
Zinc
5-15
15c
pref.
Pope
Co., 4V2V0
10c
i
$1
9- 6
,
6-14
$1.75
(quar.)^
(quar.)___-.__—iw—
(Canada) Ltd.——
25c
.
A
■
'
—_________
3
6- 7
7- 2
10- 1
1-2-58
of Rec.
—
—
Gear,
Philadelphia Electric Co.,
Co.
V
Holder*
(quar.)
Bottlers
(quar.)
10c
Dickenson Mines,
New
5-
-
$1.12%
5-17
*5c
When
Payable
Peoples Telephone, common (quar.)
4J/2% preferred
—1—
5- 3
1
(quar.)
Neptune Meter Co., common
$2.40 preferred tquar.)_
7-23
1
_________________
1
6-
(quar.)_
Products
80c
Lukens
6-
Brothers
6-12
(increased quar.)—
Lunkenheimer
8-
11-
pfd.
7%
Co.,
Products
$1.25
—
Machine
* 15c
;
Equipment
Starch
18C
(quar.)
Circle
Perkins
5-
series
Neisner
5-24
$1.75
preferred (quar.)—
7%
Perfect
*5c
(quar.)
Preferred • Stock. series
Stock
Lord Baltimore Hotel—*
Louisville &
.
National
6-10
7-
*75e
—
5-10
5-15
6-
National Securities Series—
6-
Ltd.—
Corp.,
Pepper (Doctor).
1
6-15
1
(quar.)
A
Neiman-Marcus
(quar.)
'
preferred (initial)-—
5-17
6-
(quar).—
A
Class
$1
common
convertible
A
Class
8-16
SI
(quar.) _____:
LonC Star Gas,
Class
5-17
9-10
;/.>/.
Investment
Canadian
2-17
6-10
SI
_.—
6-10
*5c
3-10-58
11 %c
__________
_____
5-20
5-
(Me.)
(quar.)
General
6-10
1
Fibre Co.
Common-non-voting
.
Pepsi-Cola
5-15
*15c
Ltd.
preferred (quar.)
—
National Gypsum Co., $4.50 pfd. (quar.)^—
National Hosiery Mills, Ltd.—
50c
Common
'
7
25c
convertible
50c
___—
7
5-
45c
(quar.)—,
com.
Drug <fc Chemical,
$1
(quar.)
5-
5-23
$1.06'A
50c
—
Corp. (R. I.), pfd. (quar.)—
Pipe, common (monthly)
——
Joint
60c
5-23
Chemical
Common voting
30c
.«—
(quar.)
50c
—
(quar.)
(quar.)
(quar.)_.
Local Finance
Lock
5-17
'
guaranteed
guaranteed
Special
preferred
of Company
25c
(quar.)
Distillers Products,
4J/4%
8
50c
—
(quar.) _—
Dairy Products (quar.)-.
National
6-
9-
Origiral capital
Original capital
Special
Aluminate
5-
3
50c
(quar.)
National Casket Co.
9-
50c
Co.
Name
Penobscot
6-
$1
■■■■
Acme
Per
Share
Holder•
Payable oj Rec.
Ry.—
—
87 'Ac
.
—
Louis
St.
&
Quarterly -
87 Ac
—
_________
6-
Chattanooga
Extra
3
75c
(quar.)
:—:
(quar.)
*
5-10
5-24
50c
___________—
common
preferred < quar.)_
preferred (quar.)
3'A%
Little
37 V2C
(quar.)_
preferred
Carbonic Corp.,
5-24
6-12
6-12
6-12
25c
50%
—~
Share
Name of Company
Nashville,
.
When
Per
Holder*
Payable oj Rec.
C.)—
dividend____
Link-Belt
Liquid
Share
of Company
Common
May 6, 1957
The Commercial and Financial Chronicle.. .Monday,
——.
25c
-
60c
7-19
4-26
5-14
6-
5-15
6-20
6-20
.
'*
6- 3
5-10
§rl8
-
;
1t,?
—
_
$1
~
5-29
6-10
commonr_-u_li^*:
IQo "7V 7-1
—31%c.:.>. .*7* X, :
6-10
5-
(quar.)______—-V_—5-15
Water & Power
(initial quar.)
6-20
',
6- 1
25c--
1
5-15
i
-
-
-
5-15
4-19
Number 5635
-Volume 185
The Commercial and Financial Chronicle
...
(2143)
y-v.
'.I
Per
%.■
-
When
Share
'
Company
'inmt or
.
Payable
Sheller
Holdera
$1.25
-6-1
4-30
$1
6-
1
5-15
i$1.75
7-
Thatcher
5-15
5-15
(quar.)
5-
6
Sherwin-Wildams
Co.,
com.
(quar.).
4% preferred (quar.)—
——!
Sherwin-Wiiyams Co. of Canada Ltd;—
7%. prtferied
(quar.)
-
New
" •
<•
(initial
common
6-10
5-24
4%
6-
1
5-10
Thrifty
15c
5-31
4-26
liian
6-
5-15
Title Guarantee
fl5c
com—
of Rec.
(quar.)
preferred
60c
5-15
4-30
preferred
"Shopping
(quar.)
Food
Eag
i t34^c
Scores
common-<qaar.)
■
;Siegler Corp.- (quar.)_
-Sierra
FacLfc
Co.—
rower
j
*
/
quar.)
Wisconsin
$2.44 preferred A (quar.)_________—____
"Signode Sreel Strapping, common- (quar.)
1
5'ic preferred (quar. i
61c '
66-
1
6-
1
—
Simpsons. Ltd.
(quar.)
62V2c
7V2C
>'
—.——
Stores
(quar.),
& Trust
(quar.)
(N. Y.)
112 V2c
6-15
5-24
Woodward
(quar.).
(F.
Monthly
Monthly
Wysong &
(quar.)
Insurance
Quarterly
v
5-15
6-15*
5-i5
Service,
Steel
S.nc.air On COiV. • ;(q.aar.j___v_._-4_*_r_-r.'__C
Singer Manufacturing (quar.
r
'
_
614
•
Supcncr Co.,
I Skelly Oil
common__
Co.
(quar.)
Corporation (quar.).
Skil
•
(quar.)
______
$1.55
convertible
-'$1.25
convertible
1 South
i
Eend
'.
_
preferred
4-29
True
Temper
5
6-20
6-
5-20
v.
;
6-10
"" '6-10
208
5-3
7c
6-28
38 %c
y 6-28
.31 Vic
-6-28
50c
:
5-24
preferred
$4.25
5-31
!•
-preferred
4.88%
■
5-31
*
5-31
5-
5
26 V2 c
4%
"
(quar.)——1
California- Water,
5-31
5-
5
30
com.
preferred (quar.)
preferred (quar.)_
preferred
(quar.)
5%
preierred
5%
(quar.)
Utah
Power,
preferred
(quar.)
Souuiweolein
;
Southwestern
6-
preferred
1
;
4.40%
5-15
6-
5-14
62y2c
(quar.)
Jr.
Co.
(monthly)__
6-
5-10
6-
5-20
25c
,
'
Miles
Co.
7-
25c
8-
7-19
10c
5-15
4-30
5c
5-15
4-30
37y2c
7-31
7-10
50c
6-10
5-25
7-
1
6-15
$1.25
7-
1
17V2c
(quar.)
25c
.
!
7-
1
6-15
6-15
5-17
.
6-
4-19
Union
5-
.
6
9-13
United
4.60%
4 26%..'
6-15
6-10
5-31
•4-30
$3.50
6-15
6-
4
United
5-15
4-30
United
40c
*
'
7-15
7-
35c
6-
1
.
8-
1
7-19
Vic
8-
1
8-
1
7%
5-15
92 Ygi c
(quar.)
$1.03 3/4'
8
1
1
27 Vic
8-
1
7-19
fcperry
Corp.,
Kand
$4.50* prefeired
;
$1.15 *
1
1
6-
1
1
$1.12 V2
Standard
'
t $3.50
(quar.)__u_—
(Conn.)
(qv.ar.)_,
Brands, common
preferred
Standard
•
Forgings
Standard ,Gas
;
Or.e
share
of
four
each
>(.!•
'Class
r
•
class
A
Standard
(
$1.60
Stanley
5-15
Upson Co.
1
5-20
Utah
6-
1
5-17
5-28
5%
preferred
5%
'
5c
:
*■'
5-15
Parts
Stock
.v
Utah
Mr.
6
5-
1
5-15
5-
1
5-10
1
that
Stewart-Warner
,
Skelly Oil Co.—Reports Increased Profits—
Quarter Ended March 31
!
Struthers
;
•
'
Total
Net
"Wells
25c
5-24
5-
35c
6-
6-
Net
(quar.)
'<
'•
Oil
Co..
(quar.)
6-29
Net
$1.25
12-31
,
!___
4%
'
;
Swift
'
2nd
&
5-15
pre
(
dividend)
(stock
oil
(increasedi
H.
Fund-.
4-24
50 c
(quar.)
5-15
5-14
5-
$1.25
America
of
12c
—
6-10
6-
$1.25
9-10
(quar.)
$1.25
12-10
Electric
<fc
_j
3
1
8-31
12-
2
Power—• r.6-20
5-31
$1.01
6-20
5-31
$1.25
6-20
5-31
(quar.)
$1.05
6-20
preferred-
25C
(quar.)__—
—_
Walker
Ward
1
6-10
Common
6-11
5-28
4V2%
6-
5-17
Warner
8
40c
5-15
5-
5-
1
5-15
5-
1
65c
6-
25c
6-10
6-20
5-
9
1
5-15
.
4iy4c
6-
1
5-
6-
1
5-
$1
6-
5
5-
3
6-15
37»/2c
66-
1
10c
1
6-
1
9-
r
Co.,
1-1-58
14c
capital
gains
7-
Wayne Pump
Weeden
-4%
plus
&
Co.,
8c
from
6-14
Welex Jet
5-15
4-24
West
5-10
5-24
5-
4-20
1
6-
5-15
1
5-15
60c
Indies
4-29
55-
1
the
first
two
the
third
and
5-17
6-14
5-31
6-
5-15
West
5-
1
45c
5-28
5-
8
Taylor Fibre
pfd.
onv.
•
rred
Teck-Hughes
?s,
Television-Ele
'und.
Western
6-
Western
Life
6-28
6-14
-sion,
,
-
35c
7
5-
2
(quar.)
preff
4.50% c.prefc,
4.60%
pref-
/
r.)
6-14
5-17
$1.02 V2
7-
1
6- 7
7-
1
6-
7
.$1.12%
com.
vr.)
7-
1
6-
7
-
Tablet
RR.
$1.15
7- 1
6- 7
4.64%
pref
$1.16
7-
1
6-
7
4.65%
pref
$1.16y4
7-
1
6-
7
4.20% -pref
5% preferr
$1.22%
7-
1
6-
7
$1.25
7-
1
6-
7
5.10%.
pre
$1.27%
7-
1
6-
pre'
$-.28
7-
1
6-
5-
1
$1.20
&
Additional
White
5-20
3
4-30
6-15
6-
7
20c
9-14
9-
5-
"
5.25%
Texas
*1 3iy4
pre'
Co.
(f
7-
~c
6-lQ
6- 7
Tr
5-15
c
*
"
'
Texas
Gulf
Texas
Indus
Texas-IHine
.
quar.)
—
-
s
1
6.
.
7
5-10
5-20
4-30
Pipe Line—
Common
Digitized forPaci
FRASER
Texas
(quar.)_;—_
Wilcox
7-
Co.
Stock
dividend
&
Co.
Wilson
JJros.,
Wilson
&
5-10
Stores
(monthly)—
5-17
6-
5
(quar.)—
Wisconsin
Bankshares
during
during
on
such
proceeds to the
principal
amount
to
the
date
company
at
space
6-
1
5-
6
chasing
6-
1
5-
6
approved by
6-10
4-29
6-10
5-
5-14
is
engaged
losses
4-29
1
receivable.
maintains
of
220
the
in
the
with
and
was
incorporated in North Carolina on Oct.
principal
its
West
Fourth
St.,
of
"old-line"
company)
the
company.
CAPITALIZATION
GIVING
EFFECT TO PRESENT FINANCING
Authorized
15c
5-15
4-25
5-15
4-25
Notes
25c
5-20
4-30
•Subordinated
5-31
4-30
6%
8-20
7-30
Subordinated
2Vz%
6-10
5-17
6-
1
5-17
25c
8-
1
U-
1
30c
62 ttc
*.
7-12
10-11
$2,500,000
short-term
payable,
6%
190,000
debentures
95,000
subordinated bonds
capital notes
stock l$l par value)
95,000
(700,000 shs.
Common
•Owned
_
by Jefferson Standard Life Insurance
of
the
par
April
5-15
6-29
6-14
exercise
25c
5-17
5-
President of the
not
of
v
$2,415,000
190,000
195,000
170,000
§480,000 shs.
..
_
amended so as
700,000 shares
value of $1 each.
5-31
§Does
Outstanding
Co., Greensboro. N. C.
12, 1957 the company's charter was
to increase its authorized capital stock from 500,000 to
(Effective
7c
3
office and place of business in
Charlotte, N. C.
The company
factoring, that is. the pur¬
receivable from clients (whose credit has been
without recourse to the clients for credit
clients' customers making payment direct to the
business
accounts
7c
Winn-Dixie
6-15
leased
5-27
25c
common
(quar.)
interest
net
accounts
It
1946.
34 %c
;
premium of 2 V2 %
date of issuance, 2%
a
years
BUSINESS—Corporation
.
*—
5%v preferred
Co., Inc.,
Common
additional
of
6-10
40 c
—
(quar.)
the
to
all or in part from
plus interest accrued
thereof,
with
from the sale of the
securities will be added to the company's general funds and working
capital to aid its further growth and expansion through the factoring
1
25c
Williams
amount
together
subsequent
unpaid
—
(quar.)_
principal
redemption.
6-15
13y3c
Inc., common (quar.)
convertible preferred (quar.)
Oil
and
for
50c
Stores,
5y2%
the
redemption,
PROCEEDS—The
95c
(quar.)
unit. This
per
sixth
30c
$1.25
7
.
and
fixed
26,
(quar.)
at
of
$1,000
subsequent to issuance, iy2% during the
years subsequent to issuance, 1%
during the seventh
and eight years subsequent
to issuance, and y2
to 1%
during the
ninth and tenth years subsequent to issuance.
*
'
The
company also
has the right to call for redemption in each
year bonds for sinking fund
purposes at a special redemption price
equal
to the principal amount
of the bonds to be redeemed plus
fifth
1
16 %c
Dental Mfg.
time,
date
shares at
6
5-15
Stationery Corp.—
—
(S. S.)
1
6-
20c
Weverhaeuser Timber
White
6-
t30c
7
5.12%
5-15
(quar.)
5% preferred (quar.)
Westinghouse Air Brake (quar.)
Westinghouse Electric Corp., common
3.80% preferred B (quar.)
5-
3
20c
—
Pacific
4-30
1
1
5-
75c
Common
Western
5-31
8c
5-
5-15
common—
6-
45c
—
Co.,
5-15
112V2C
s-a)
Inc.—
Insurance
Western
Ltd.—
(quar.)
Ltd.
1
$i.06y4
Ga
pref
4.25%
4-16
6-15
$2
(quar.)
(s-a)
(Canada),
ion
conver
5-31
27c
Western
preferred
5-15
to
the
accrued
preferred
3s
!%
Pears
4.10%-
30c
$1.12 V2
Virginia Pulp & Paper—
(quar.)
Air Lines (quar.)
Auto Supply, 4.80%
pfd. (quar.)—
Canada Breweries, Ltd. (quar.)
Ltd.—
rs,
3
4-19
Sold—Inter¬
redeemable prior to maturity,
fourth
9-16
Corp.—Securities
common
years
6-15
25c
5-15
Fei
be
may
5-25
1
7
$1.04
$1.93
oversubscribed.
was
bonds
6-10
1
;uar.)
Tanganyika C
Ordinary (it
The
7-
8
prefe
Western
offering
to
5-
1
547,468
Charlotte, N. C., on April 22 of¬
publicly $100,000 of 6% subordinated bonds due
April 1, 1967 and warrants for 30,000 shares of $1 par
common stock
(exercisable prior to July 1, 1959 at $3
per share) in units of $1,000 of bonds and warrant to
time
6-
1
$1,057,640
$2.10
fered
1
10-
5-
$1,151,480
547,468
Factors
6-18
5c
5-
8,800,202
Securities Corp.,
5-15
15c
4-24
4Yi %
Southeastern
state
1
$1.50
$9,857,842
184, p. 2122.
7-
(quar.)
Sugar
1956
1957
10,106,906
share
common
5-31
50c
(quar.)
period last year.—V. 185, p. 1049.
:
per
subscribe for 300
52c
25c
—._
(quar.)
5-15
Tampax, Inc.
i.'
5-10
1
6-10
•
same
shares
common
75c
5-15
-
on
Co.—Reports Higher Earnings—
income
of
50c
5-15
Tennessee
1
6-
invest¬
(quar.)
(quar.)
conv.
Services
Net
50c
30c
(quar.)_.
reported
President,
$11,258,386
50c
$1.08
5%
6-
4-25
West
.
Smith,
7
4-25
'—
4.16%
<
5-
5-10
(quar.)
(quar.)_
Taylor,
—V.
5-10
•
(quar.)
prefe
-V;
6-28
1
(44c
common
4-24
2
L.
including fixed charges and taxes
Earnings
$1,061/4
Fund
Jersey & Seashore RR. (s-a)__
West Point Manufacturing (quar.)
Taylor
5-27
$1.12Vi
(quar.)
Mills
7-
4-1«
Elwyn
4-26
5-25
$1
2
(quar.)
4 32%
>
■
revenues
5-15
35c
(s-a)—
5-15
20c
-mmon
$0.45
)
12 Months Ended March 31—
Expenses
7-
25c
common
preferred
Knitting
Wayne
11-29
2
and
share for the
a
South Jersey Gas
1
$1.13
_____
—
Steel,
25c
iar.).
(qi
preferrf
Tampa Electri
,.T.
,
Chairman,
pared with $2.95
6-10
$1,121/2
(quar.)
preferred
25c
(s-a)__
o.
5,746,117
$1.39
$0.45
1
•
the
for
5-20
6-
40c
common
25c
j
$1.98
"'
No.
quar.)
(quar.)
(quar.)
preferred
4% conv. preferred
Welbilt Corp.
(s-a)
1 4%
-
5-10
62 V?c
^
Co.
income)
4.80%
3
*
J Class B
1—
preferred (quar.)
Mutual Investment
ment
3
10-
50c
.
2,585,750
5,746,117
quarter were $13,552,749, compared | with $9,592,000 a
year ago.
Net quarterly earnings were $588,969, equal to $1.39 per
share, compared with $339,794, or 92 cents per share last year, on the
current number of shares outstanding.
.v ,
•
.{
The third quarter operations brought total sales for the nine months
ended March 31,
1957, to $40,572,878, and net income to $1,637,188,
compared with $28,876,394 and $1,256,151 respectively,
In the com¬
parable 1956 period. On the basis of the 422,804 shares now outstand¬
ing, earnings for the nine months were equal to $3.87 a share, as com¬
4-30
6-10
3iy4c
(quar.)
convertible
from
5-15
7-
50c
j.
D.)
Wire
Washington
5-15
5pc
(quar.)
5-15
Co.—
Washington
5-17
1
(S.
preierred
$4.25
9
50c
(Initial
Swasey
Washburn
$4.50
9
28y8c
ir.)
cl
1680.
Litchfield,
Sales
5-10
25c
Pharmaceutical
Washington Building Trust (s-a)
Washington Ga'i Light—
5-10
30c
-
(quar.)
1
125c
(reduced)
(quar.)
(increased quar.)
&
$4.50
,
Ltd.
common
preferred
Warren
1
5-15
_
Inc.,
2,585,750
—
May 1.
5-31
6-
'
Symington-Got
,'
Co.,
7-
•
Talon,
&
4-24
;30c
;.
6-20
20c
Industries, $1.25 preferred A (quar.) —
Warner-Lambert
»
31»/4c
(quar.)
—
15c
Amulet Mines,
50c
(quar.)
(quar.)__
prefeired
25c
common
Ltd.
2,677,700
$8,033,062
5-31
$1.03
(initial)
common
preferred
5-15
(quar.)
i^s,
•
$11,388,255
common
185, p.
Gross
4-16
_.
Sylvanite Gold
3,796,100
10,710,762
15,184,355
Sales and Earnings for the third fiscal quarter ended March 31, 1957,
continued to run substantially ahead of the like 1956 period, Edward
—__ —
Corp.
56c
(quar.)_;
red
on
inc.
:
taxes
_1_
(quar.)__
Waite
4-16
5-15
151.31
i quar.)
Co.
Quarterly
Quarterly
for
income
on
paid—
stock outstanding
share of com. stock outstanding
dividends per share
:
—V.
'*
com.
Vulcan Corp.
12-14
IOC
5%
;
<
Inc. (quar.)
Paper
(quar.)_
Oil, 6% 1st preferred
Swan-Finch
provision
taxes
income per
Cash
name
9-14
Sunshine Eiscu
Sutherland
$68,725,482 $63,375,087
_■___
before
for
of
Shaves
(quar.)4-_
preferred
$4.20
6-15
9-30
—
com.
465,753
income
,
pfd.
conv.
preferred
$4.04
3
$1.^5
Sunray Mid-Conhnuqtal Oil, common
5V2%>
2nd
p cferred
(quar.)__
4'/2%
prefer:
A (quar.)
1
1
$1.25
.___
(quar.)
convertible preferred (quar.)
5.20%
Sun
*,
.
L
Ges,
$62,909,334
508,717
dividends
Cash
(quar.)
$5
Lithograph—
Corp.,
z
$68,216,765
— _______
$4.12
preferred
(quar.
Vogt Mfg. Corp. (quar.)
5-15
Propane
i!1956
1957
;
.
income
co.aihou__
(quar.i
$6
income
income
Provision
preferred
New
6-30
40c
$1.25 prefer; 'v (quar.)
Suburban
—
operating income—
Dividends, interest and other
'5%
6-30
7-15
Corp.
research
$2.50
,5%
5-15
7-15
130c
Scores
f
Research
$2.50
Ltd.^__
Line Tncome
Virginia
Corp
Bros.
Corporation and
Gross
1st pfd.
Corp.,
Southern
>t„ 5%
•
•
,
d'vider.d
Sterchi
i
Lightner also noted that the equipment and facilities of Singer's
and Development Division have been further augmented and
has been intensified.—V. 181, p. 905.
Vl\'
$2.50
Vapor Heating Corp.—
5-
6-10
.;
45c
—
Steinberg's, Ltd., 514% preferred A (quar.)__
Stern & Stern Textiles, 4Va% pfd, (quar.)
,
.
announced.
$1.75
32y2c
(quar.)—_
(s-a)
(quar )
Vanadium
r-
130c
(quar.)
payment
corrected
here
plants.
Plans for establishment of additional manufacturing facilities
in Australia,
the Philippine Islands and Mexico have recently been
20c
(quar.)
Construction
-Value
>
-
1
(quar.)
preferred
Steel
<
>
Traung
preferred
5%
•
Indicated
(Continued from page 12)
*37c
5-15
ScO^i't-S-lSV
'
Hotels
Stecher
Is
The
incorrect.
was
date
Investment News
10c
5-10
tlH '
«■'
Warner Corp.. (quar.)
(Del.)- <quar.)_-
Stacler
.•
v
Smith-Corona, Inc.—Sales and Earnings Rise—
6-15
for
iquar.)——
:
date
record
87MJC
tlOc
Common
6-
preferred (quar.)
class A (s-a)
(s-a)
E
published
.
•
tax.
General
'
Class
Ron-
...
,
87V2c
(quar.)
Corp.
(Effective -April 11
changed to Universal Marion Corp.)
;
convertible
Stanfields/ Ltd.,
.
6-7
'
.
35c
(quar.)
coin,
Universal
1
dividend)
(quar.)
Packaging Corp.—
6-28.
dividend.
this
tax.
Income
$1.12 ft
preferred
Corp.,
Stores
6-15
—
Califr-rnia
oi
75c
•
for
40c
Chemical
&
Steel
United
*
Ol
_i
closed
income
and/or
12'/2c
America,
Rubber Co., 8%
S. Vitamin Corp.
25c
Stanaard
,
U.
1
5-
of
S.
45c
_
(stock
6-15
•
Duquesne Light common
held____-__.._____;
Milling Co.,
B (quar.)—
5-
£.■
,:
Fronting & Lithograpn c.u.,
pref. series A (quar.)—.
United
f
2
5-15
40c
*
shares
Standard
)?-
(quar.)
(quar.)_.
preferred
5 jC
—
<quar.)_
Electric
&
$1.25
60c
(quar.)
87 Vic
(quar.)-
(quar.
Stauffer.Chemical (quar.)
_
9-13
'5%
U.
.
6-14
1
5-15
■
.
5-31
2
12-11
45c
8t,andard Dredging, $1.60 pfd. (quar.)—
;
9c
y
.
____
•■f
710-
'
(quar.)
(quar.)
not
Jamaica
date
Playing Card
S.
U.
5-31
6-15
30c
_
1;
6-15
25c
Corp.
j Previous
Society (Phila.)_____
Pipe & Foundry (quar.)
__u_
S.
5-24
30c
Water
62y2c
Loan
S.
U.
5-24
7-
$i
Envelope (quar.)
Lines, common (quar.)_^
S.
U.
5-10.
"6-27
B
S.
4V2%
U.
v
'
6-10
$1.12 ft
Quarterly
Stamford
,U.
5-1,0
20c
3<?C
Snrague .TEnfinee-inq:
S.
U.
5-10
6-
60c
$1.05
-
2,__— ;
„
92»/2C
Corps. Ltd., class A (quar.)
Borax
S.
7-19
1
__
;
(quar.)
(quar.)
par)
(quar.)
(quar.)
books
4%
Co.
4'/2% .preferred
7-19
8-
20c
(quar.)—
inc., common, (qua..f
^ S-udO p.r ,-rre-'.
( uar.
Spokane International RR. (quar.)
.
8-
(quar.)___
common
($50
British
Less
x
87y2c
Engineering & Foundry, com. (quar.)
preferred (quar.)
"
27 %c
Spifgtl,
'
■
"
(quar.)____..
preferred (quar.)______
I
Kellogg & Sons (quar.i
-yA.20'i
Spencer,
U.
7-19
:-u
$i.i2ya
Illuminating Co
New Jersey RR. & Canal
Quarterly
Quarterly
j.
7-19
8-
(quar.)_2
eferred ($25 pari
Spencer Chemical Co., common
•
•
Francisco)—
,
i
United
7-19
8-
81.19
i.
Radio
Less
a
United
7-19
$1.06 V«
(quar.)__,
(quar.)
6-20
tPayable In U. S. funds, less 15% Canadian non-residents tax.
(Payable In Canadian funds, tax deductible at the source.
resident tax 15%; resident tax 7%.
(quar.)__
convertible
Class
97
($25-par)
(San
(quar.)
Inc., common
preferred
preferred
•Transfer
Cigar-Whelan, common (s-a)
convertible preferred (quar.)
$3.50
5-15
Co.
preferred
United
5-31
si
-
Car
Biscuit
18c
pi
4.40%
-
Co.
Bros.,
preferred
5%
5%
Zenith
dividend
$4.50
5-17
-
Tank
Stock
8-15
..
1
(quar.)__
>United Air Lines
6
5-15
29c
_____
Cab
Youngstown Sheet & Tube Co.
(quar.)
(Calif.)
(quar.)
Oil
50c
-V
(quar.)___
preferred
preferred
preferred
(quar. )_—
preferred
Union
5-15
6-
(quar.)_
4.15%
preferred (quar.)_
4.25%--preferred .(quar.),
1
5-15
6-
37>/2c
Co.
preferred
7%
preferred
$3.70
•
"
(>2.90%
'
Corp.
>
(quar.)—_____________
(quar.).
preferred (quar.)__,__j
$3.50 preferred (quar.)
5-15
-
5-15
*
$1.25
'____
Life Insurance
Street
(.quar.)
$4
r-
5-15
25c
•:
(quar.)_^
Southwestern Public Service, common
3.70%
preferred (quar.)__
1
J.
6-14
income
inert
1
70c y
25c
investors
(if.c
liom
lnvestplus 7c from capital gains)
'■
Salle
$4.50 preferred
5
5-15
6-
27 Vic
__l
common
1
6-
y
162 y2c
(quar.)
Southland Paper Mills (s-a).
Southwestern Drug Corp.,- com. (quar.)
Southwestern Electric Service (quar.)
•
6-
34C
___________
Southern
;
$0.2656
5-
-
"
-1
25c
v
—
Southern Canada Power Ltd., com.
'Southern Company (quar.)_
I Soutnern R_iiway, common (quar.i
J
5-31
Vic,',
20c
(quar.j__._
4V4%
"5.44%
Co., preferred A
La
6%
Younker
Acceptance Corp., Ltd., 6% pfd. (quar.)
Union Carbide & Carbon (quar.)
Union Cnemical & Materials, com.
(quar. I_
5%
preferred; (quar.)——
_u_l—
Union Electric Co.— '
>4-15
25V2C
,
( quar.)____
preferred
8outhern
.
5-15
1
5-31
30c
31 Vic
(quar.)
W.)
(Wm.)
Yellow
(s-a)___.
Union
5-15
Co.—
(quar.)
preferred
Asso
Quarterly
"
4.24%
R
(quar. )■_-_*_
Tyer Rubber," common
-
4.08'/!/'
•
6-
t$1.37!'2
5-31
"'
5-31;
$1 v
(Hiiai".)~_
"
*
t
Corp.
Gas
South
5-31
-5-31
(quar.)_
B
Greenbush
Trunkline
3
4-26
-
50c
j__>
A (quar.)
(quar.)__i.__
California Edison
R
6-
30c
Sout.r louts Development," Ciass
Southern
&
30c
-•
preferred
Wcrks
Lathe
non-cum.
Troy
•:
Bocony Mobile Oil Co. Inc. (quar.)
Sonotone Corp., common (quar.)
'
Tropical Gas, $5.25
6-15
30c
_____
Smith
?
5-10
6-29
45c
Smitn-Douglas, Inc. (quar.J:___
(S. Morgan) Co. (quar.)
v
6-13
$1
_______
6-20
i_
55c
^___
4-30
Wood
Extra
;
Quarterly
u
5-15
5-15
Gar Wood
see
.
r«5c
1
30c
(quar.)
Steel)—
com.
Alan
(see
Industries
Woolworth
Wrigley
Universal
7-15
6-
32c
Co.*(quar.)
Light
Governor
(quar.)__^
Trinity
&
,
(quar.)
Trust
&
7-31
90c
& Co., 5'/2% preferred (quar.)
Industries, common (quar.)
preferred (quar.).;
prefeired
Bank
5-1
6-1
$1.50
(G. H.)
5%
preierred
Trade
7
40c
Woodall
(quar.
4.25%
5-13
6-10
.j
(Gar)
4.56%
5-13
5*
(Alan)
Wood
Manuiacturing
Payable of Ree,
Share
common...
(quar.)
Public
Wood
Wood
Corp.
(quar.)
Toledo Edison, 4'/4%
preferred
5-15
5-15
70c
.
:
1
25c
:__
t-iynting (increased).,.
Simmons Cor < quar. )______
Drug
Meiai
Power
Wisconsin
,
(quar.)_.
(quar.)
Tokheim
T,
.
-
Sihray
1
preferred
3.60%
'
o'/j'/c
Holdert
When
Per
Name of Company
■
•
Wisconsin Electric Power Co.,
6% preferred (quar.)
*
Thompson (J. R.) Co.. (quar.).
Thompson Products, common
2
6-15
20c
:ShfrriL-Hcibey Corp., Ltd.,
Holdern
Payable
Mfg. Co.—
$2.40 convertible preference
Thompson Industries, Inc.—
•
•
Glass
When
Share
Name of Company
-
6-14
$1.12 Vz
pfd.
Per
of Ree
35c
Mfg. Corp. (quar.)
•Shenango Valley Water Co., 5%
51
<j'r
reserved for issuance upon the
warrants or 20,000 shares issuable to C
B. Wflbum,
company, at the price of $1 per share under an option
include
the
30,000
shares
52
The Commercial and
(2144)
tranted
him
to
while
exercisable
1892.
I/.
unprecedented
April 4, 1956 pursuant to action of the board
stockholders.
Ihe option is non-transferable, is
Mr. Wilburn is employed by the company.—V. 185,
on
and
directors
of
of
Sell Preferred—
California Edison Co.—To
Tlnis company
shares—42'.—of
The company has
filed with the California P. U. Commission an
spoliation for exemption irom competitive bidding on a proposed new
ot preferred stock.
The company plans to issue a
new series of cumulative preferred
stock earlv in June. Dividend rate and redemption prices are to be
determined by the directors prior to public offering. The issue will not
exceed 1,200,000 shares, to provide the company with a maximum of
Shares,
its
"
$5,520,525
982,423
3,107,794
913,812
$171,929
Pittsburgh Railways
$980,788
124,685
$143,253
116,352
748,111
$924,018
698,111
$47,244
$31,901
$232,677
$225,907
;
had
April 24 by Paine, Webber, Jackson &
share, with a dealer's concession of
share.—V. 179, p. 2477.
made
was
on
Curtis at $32.50 per
Stanley Works, New Britain, Conn.—Files With SEC—
approximately
The
Co.—Earnings Increased—
Southern Colorado Power
*
undetermined number of shares of common stock (par $25)
to be offered to employees of company and of its designated subsid¬
iaries
on
a
payroll deduction plan. No underwriting is involved.
The proceeds are to be used for working capital.—V. 184, p. 525.
covering
months ended Feb. 28, 1957,
$6,325,314 for the 12
income, after operating
expenses,
maintenance, taxes and
depreciation was $1,295,676 for
the year
ended Feb. 28,
1957, compared with $1,241,966 for the
corresponding period ended Feb. 29,
1956.
Net income, after de¬
Electric
operating
ended
months
ductions
12
amounted
,etc„
charges
Interest
all
for
for the
revenue
$6,718,900
as
compared with;
Feb. 29, 1956.
Net operating
to
amounted
amounted
revenue
the
months
two
first
for
$204,208
the previous
of
corresponding
the
period
to
corresponding period of 1956.—V.
net
and
income
was
of
90 %
Co.—Earnings Increased—
and
"Sales
with
owns
shares)
for
par
to
announced
was
as
issue
sell
and
an
special; dividend
a
holdings
Factors
to
shareholders
its
preferred
of
and
Dec.
on
31,
stock
common
1955.
to
shares
to
shares
141
Georgia Power Company;
and has been associated with Straus-Duparquet, Inc.,
predecessors for the pa^t 15 years, and Milton X. oenwartz is
Executive Vice-President
in charge
of S. & M. Schwartz & Co., a
company
Mississippi Power Co.
Proceeds aire to be
the service company's working capital.—V. 185,
Straus-Duparquet, Inc.
of
April
preme
supplement
p.
to
1892.
19,000
The
stockholders
mon
stock
Judge
24,
by denying
Sun Oil Co.—Earnings at
Horn
200,000
April
on
The
company
of
$13,331,110,
was
common
pounds.
Kenneth
A.
Spencer,
the
high
pressure
process
employed since
the
-
.
stock
capacity
increased
President,
be
can
investment.
demand
installed
for
for
See
$1.24 per share on 10,752,247 full
This compares with $12,255,231,
or
earlier.—V. 185,
substantially less
than
the
Initial
Corp. above.—V.
Star Cement
Lone
This
for
the
which
corporation,
Tulin
Mr.
man.
President
The
company Is also active
Standard
Oil
Co.
in low pressure
(Indiana)
patents
polyethylene
for
a
low
as
licensee r
a
pressure
lo
131,
2246.
p.
manufactures
jewelry
men's
and
acces¬
and
a
joined
the corporation
director
since
1955.—V.
In
and has
1940
183,
been
of
1957
sales-
from
revenue
;
1956
323,830
Total
income—
317,263
Net
sales
Income
Prov.
—
Net
income
for
taxes
on
income
Canadian
taxes
on
&
T,T
3,817,900
V.
185,
p.
Standard
Shares,
Inc.
Standard Products
Three
$105
below.—V.
185,
$0.87
Pittsburgh Rys. Stk.
p.
31—
1957
-Based
748,722 shares
now
out
cash and U. S. Government securities $34,430,174, accounts
$18,523,257 and inventories $23,566,857. Current liabilities,
$10,131,151 for current taxes, amounted to $12,720,782. Re¬
contingencies amounted to $3,057,341.—V. 185, p. 1793.
including
for
serve
Texas Instruments, Inc.—New Silicon Transistors—
this
by
These
new
silicon
transistors in round welded
most
recent
additions
other
4^7 ?5l
13
new
tetrodes,
welded
the
on
June
In
addition
to
Its
line
of
conductor-Components
division
silicon
diodes,
rectifiers
and
power
forecasts
of
Net
•
West
Coast
'Indications
of
plant at FuUerton,
-are
that -this
paratively modest tooling
fall's
expenses
units
devices,
meters
FIRST
prqfit after income taxes..
indicating
that <4the total capacity of our
plants is
$50,000,000 a year as a result of our various
production imi.ro/ement programs."
He reported that new business
involving manufacture of a complete window and door-frame assembly
lor a major au^mobile produc-r would double sales
of the comrianv'a
new
announced
are
high
include
$10
will
be
to
used
purchase
pes
tract
a
net
sales
of
casing.
the
for
1S56
year
totaled
12 (2
of
payable
cents
$13,-
June
15,
has
share
per
1957
been declared
holders of record
to
1957.
1
GIVING
EFFECT
bonds—
mortgage
TO
PRESENT FINANCING
pfd.
stock
Common
50,000 shs.
$570,000
300,000
50,000 shs.
——
(par
450,000 shs.
400,000 shs.
(par $1)„_
(&
Subs.)—Earnings—
1957
1950
$7,642,513
1,493,933
753,275
$7,050,108
1,439,537
726,735
$740,658
$0.90
$712,802
$0.87
Months Ended March 31—
sales
Net
$570,000
300,000
:
stock
—
Earnings
before
taxes
Provision
for U.
S. and
on
Outstanding
$10)__
loans-——_—_—
bank
convertible
6%
income.
-
foreign taxes
on
income
earnings-——
——_—
''Earnings per share———_————
*
Based
Neil C.
on
the
822,603
—
presently outstanding.
shares
Jr., President,
Hurley,
April 30 said in part:
on
of sales and earnings achieved by Thor Power
first quarter of 1957 were due in part to the
opening of new frontiers in automation through new applications for
portable power tools.
'
"This company sold more tools for automation in the first three
months of this year than it did in all of 1956."—V. 184, p. 2489.
all-time
"The
Tool
Company
record
in
the
Thorofare Markets, Inc.—Sales and Earnings Up—
Months
Three
sales,
Net
*
Ended—
..
all sources——
—
—
Mar. 30,'57 Mar. 31,'56
$24,442,440 $22,563,074
920,690
425,275
Income before taxes on income—
,
1,118,209
income after taxes on income—515,175;
Earned
share of common stock—___—
per
Adjusted
—V.
to
of
basis
816,883
*$0.52
$0.63
outstanding March 30, 1957.
shares
184, p. 770.
Tracerlab, Inc.—New President Elected—Reports Loss
The board of directors on April 30 announced that Samuel S. Auchinhas recently been elected President and Chairman of the Board
of Tracerlab, Inc;, succeeding William O. Faxon who has resigned as
President-and will continue as a consultant. • .
,
*
Mr. Auchincloss was most recently President of the Cleveland Welding
Division of American Machine & Foundry Co. He has held a number
of other important executive posts in the electronic and electrical fields
including that of President of DeWalt, Inc., nationally famous manu¬
facturer of power cutting tools.
He has also been Vice-President of
Operations of Pinspotters Division (A.M.F.).
The net loss reported for the year 1956 totaled $1,336,000, a com¬
bination not only of losses from operations but also of very substantial
write-downs of inventories, primarily in the X-ray division.
This is
the first time since its organization that the company has shown a loss
on a net consolidated basis.
Numerous corrective measures were undertaken, such as the discon¬
tinuation of manufacture of certain items on which sufficient yields
could not be realized, the increase of selling prices and appreciable
reduction of expenses in every part of the business.
The xsuclear business remained strong and profitable.
New orders for
industrial nuclear products continued to increase during 1956 by onethird over 1955 and to a point where they totaled more than twice those
entered in 1954.
This growth in sales represented an increasing share
of this market for Tracerlab.
New orders for those items sold under the direction of the nuclear
instrument division were up 32%
over 1955.
New orders received in
each of the quarters of 1956 in this division exceeded any quarter of
closs
preceding year.
Total sales billed and unbilled amounted to $11,692,000 for 1956.
any
germanium
Calif.
model changes wiU involve com-'
in* our plants, in contrast with the
.
Number of
Earned
;
common
per
deposited
preferred
Earned
per
preferred
Jf.
E.
__
shares
common
dividends
common
dividends
share
_
mended—
1956
1955
$15,252,000
-1,553,000
790,000
$8,853,000
681,000
540,000
391,000
2,987,013
2,987,013
$0.26
$0.18
of
the
Civil
It
was
$0.13
additional
•<
recommended
that
Francis
was
the
W.
Brown,
announced
on
Chief Examiner
April 24 in the
case.
board
find:
"That
Trans
Caribbean
service
between
these
points
were
recommended
for
dis¬
missal.
"
President, reported on April 17 that Texas Instru¬
ments Inc. had Just enjoyed the most successful first
quarter in its
history following an all-time high in sales and earnings for 1956.
Jorisson,
of
Board,
Puerto Rico"
Airways, Inc. be granted a certificate for a period of three years
authorizing air transportation of persons and property between New.
York
and San Juan, Puerto Rico."
All other applications for like
share- after
$0.25
decision
Aeronautics
"Additional Service to
$0.13
$0.16
recommended
The
$6,310,000
1,011,000
before
:
Certificate Recom-
Trans Caribbean Airways, Inc.
QUARTER
3,008,275
—
1931.
p.
transistors,
precision
and
This
of $12,820,000 in 1955. At the end of the year
its books unfilled orders equal to roughly four
months' normal billings.
This is a higher than normal volume due
principally to the large backlog of orders for X-ray apparatus.—V. 185,
compares with a total
the company had on
three
high
and five small signal
1957
profit before income taxes
range
of
manufactures
3 Months Ended March 31—
a
Net
within
at
to purchase increased sheet steel inventories
tube mills and for working capital.
stock,
common
1,
Short-term
transistors, the corporation's Semi¬
panel
FOR
Sales
S4'4*4'000'
line
silicon
silicon
EARNINGS
year
in spite
of the tremendous
toolinp expenses for
models during the first six months," Mr. Reld
said
He noted that sales last January reached an
all-time monthlv neak
•
TTs
case
five medium
new
weU
stock
common
Authorized
carbon resistors.
previous
proceeds
dividend
CAPITALIZATION
transistors.
satisfactory
-
to
temperature de¬
vices brings the total number of silicon transistor types manufactured
by Texas Instruments to 36 more types of silicon transistors than are
currently being manufactured by the rest of the semiconductor in¬
on April 19 that "nine-month
our
cases
corporation.
frequency
outstanding.
bearing
reacquired and held in the treasury of the comoany.
March 31, 1957 current assets amounted to $76,520,288, com¬
receivable
939,688
4$b|l
*«,£.w ®eid' Pfefideilt1' also announced
earnings now
total
S1.17,
$0.73
$0.50
$0.50
at
As
The
195g
646 q06
on
10,020,000
$0.56
combined.
Highlighting the new silicon products are two switching transistors
total switching times down to 100 milli-microseconds.
$8,486,095
-Earnings per share
into
explosives ancl shothole
DIVIDEND—A
with
$11,930,449
"7
proin;
10,020,000
in hands of stockholders—
share
—_—_:
paid per sharel——_———
dustry
2036.
1,328,502
ixet
4,000,000
$7,280,950
per
Fifteen
Co.—Reports Higher Earnings—
Months Ended March
p,°!fL£Klef
3,254,722
1323.
Standard Gas & Electric Co.—Sells
See
997,711
>
payment of dividends of 50 cents per share, or $5,010,000 on
March 15, 1957, earned surplus at March 31, 1957 was $109,120,765,
restricted in the amount of $27,500,000, the cost of shares of capital
outstanding
^Uring period
Net income per common share
1,050,510
2,700,000
After
$3,016,300
3,260,757
_________
stock
common
3,267,500
$3,612,453
__
Average shares of
*
Number of shares
prising
jgsg
$129,361,348 $117,873,993
7,430,353
6,283 800
income
provxsxon
Fed.
9,766,343
$5,630,691
income—
stock
1957
_
before
for
Net
Subs.)—Earnings Increased—
'
8,776,508
.
Dividends
Standard Brands Inc. (&
net
operation of its
seismographic
$18,157,709 $22,045,013
—.i
Operating, delivery and other related costs and
expenses,
including exploration expenses
Selling, general and administrative expensesFederal income taxes
(estimated)
Earnings
sound, competitive position with regard to all types of
products.
"The company has the
capacity to produce
a
Three Months Ended March 31—
common
share.
per
convertible
,
polyethylene resins in a variety of densities tailored to
major end-use
areas," Mr. Spencer said.—V. 184, p. 2330.
'
share) and 50,d00 shares of
EARNINGS—Consolidated
$17,833,879 $21,727,750
interest and other income
Royalties,
the company
polyethylene
is
248,359 and net income was $564,492, equal to $1.61 per common share.
Total
Texas Gulf Sulphur Co., Inc.—Gross and Net OffThree Months Ended March 31—
Gross
produce high density polyethylene, polypropylene and
copolymers of
At present, Spencer has pilot
plant facilities in operation at
Pittsburg, Kans., under the Standard license agreement.
T..is gives
,
per
stock
A
Vice-
a
1798.
p.
px'ocess
ooth.
'
-
manufacture of shothole casing and line pipe.
In December, 1956,
began operating two recently acquix-ed tube mills.
subsidiary acts solely as a distributor in the Corpus Christi area
it
Net
weight,
under
in
:
BUSINESS—The corporation is engaged primarily in the warehousing
distribution of steel tubular
goods and, to a lesser degree, in
identified by
polyethylene.
possible
1
land adjacent to its plant,
announced
on
April 29 the election of Marshall Tulin as
Mr. Tulin succeeds Sam Sampson, who was elected Chair¬
sories,
plant
its flexibility, impact strength, chemical resistance, light
and ease of processing.
The new facilities can also produce
•'Poly-Eth"
"Hi-D,"
a
higher density resin with greater stif ness,
higher
heat
resistance, and lower permeability
than conventional
($10
(par $1) at $8
preferred
PROCEEDS—The
2036.
p.
Swank, Inc.—New President Elected—
No
additional financing will be necessary.
This program
is currently under way and will be
completed within one year.
With these facilities, Spencer will produce
high pressure polyethylene
material
raw
been
share.
President.
said that the expansion comes in
"Poly-Eth" polyethylene resins and
will enable the company to keep pace with rapidly
growing markets.
He pointed out that because of the
original, plant design the additional
to
response
While
textile
Net
Superior Portland Cement, Inc.—Assets Acquired—
of the plant from 45 million pounds a year to 90 million
new
facilities will
produce conventional and medium
The
industries.
against
as
its polyethylene facilities at Orange, Texas.
density polyethylene by
plant started in 1955.
most
in
have advanced rapidly, it has not
to pass on these increases to customers.
costs
stock at par
outstanding.
stock
$1.21 per share on 10,143,591 shares a year
or
April 29 announced plans to double the capacity of
The expansion will increase
on
income
shares
Spencer Chemical Co.—To Expand Texas Plant—
the production
prevalent today
so
Three
company's first quarter gross income was $208,424,494
for the comparable period a year ago.
Net
19
to
3,000,000
was
Tex-Tube, Inc., Houston, Tex. — Securities Offered—
Moroney, Beissner & Co., and associates, on April 25 of¬
fered publicly 50,000 shares of 6% convertible preferred
Higher Rate—
Higher gross and net incomes and increased expenses in the first
quarter of 1957 were reported for this company on May 1 by Joseph
N. Pew, Jr., Chairman of the Board of Directors.
$173,927,111
voted to increase the authorized com¬
4,000,000 shares, and preferred stock,
to 300,000 shares.—V. 185, p. 1793.
frcm
quarter were $63,885,000 and
3,497,333 common shares), compared
per share on 8,035,966 common
cents
Thor Power Tool Co.
The
Southern Union Gas Co.—Stock Increased—
first
on
(55
this showing were (1)
three divisions out of a total of
aggregate of $958,000 during this period; and (2) most of
have suffered from the general proift margin squeeze
cases
First
;
Samuel Hofstadter ruled in favor of Standard
the opposition motion in the New York Su¬
Court intended to restrain Standard Factors from voting its
shares of Straus-Duparquet common stock.
On
used
the
for
$1,962,000
operations in Amerotron's continued to show progress
during the past three months. Amerotron's results were approximately
$750,000 better than for the same period last year.
The Barnwell
Woolen Mill, however, is still losing money due to the high cost of
starting up a large new plant of this type."—V. 185, p. 1324.
its
Factors Corp.
158 shares to Gulf Power Co.;
to
is
labor
many
company
898
an
which
and
of
the
;
*
divisoins
our
represents
paid-in capital of Straus-Duparquet.
Edward M. Brandriss, who was elected at the meeting, is Secretary of
97%
over
division
stock, at par.
Southern Services is a mutual service
in The Southern Company System. .The stock is to be sold
System companies, as follows: 778 shares to Alabama Power Co.;
_
Earnings Higher—
the
Standard
May
1, has received SEC'
additional 1,975 shares of its $50
$25,000,000, Mr.
<
and
Factors
on
common
lost
15
the
and
it
about
carry-overs.
otxr
year,
134,700
shares outstanding. In audition, Standard Factors owns all
Straus-Duparquet, Inc., outstanding preferred stock. The pre¬
ferred stock, Mr. Sperans said, is entitled to vote share-for-share with,
the common, with the exclusive right to elect as a class four out of
nine
directors.
Mr. Sperans also stated that the
115,700 shares of
common stock in the hands of the public were distributed by Standard
employees
is
volume in 1956.
No provision
for Federal
required in 1957 or 1956 due to'the availability of
While dollar profits were 14% greater than last
pretax margin was only 3%% of sales. The two principal
taxes
loss
of
Services, Inc.—Stock Sale Authorized—•
authorization
,
corporation
backlog
$51,386,000
on
income
of
185, p. 1520.
corporation,
Sperans said, "is an emphatic answer to the un¬
is a subsidiary of Standard Factors Corp., which
19,000 shares of- Straus-Duparquet common stock out of a total
This
,
Soixtliern
This
current military
185, p. 1562.
earnings
of
net
a
The
"The election," Mr.
participating.
Cost of the plan to
Southern
Nevada Power,
which contributes equally with employees,
as estimated at $20,000 fox* the first 12
months of operation of the
plan.—V.
announced.
The vote was 72,849 to 42,838, which gave
63'/" of the vote. The two members who were elected by
stockholders were Edward M. Brandrlss and Milton I.
common
supported charges made in various proxy letters issued by the Jack
Wilder opposition group, which also included Samuel I. Gold, a trader
in unlisted securities, who were the defeated candidates."
earned
eligible
stockholders on April 26 voted overwhelmingly with management
directors to the board of the company, Samuel R. Sperans,
President,
period.
•
For the March quarter of 1957 net income amounted to $312,161.
Equal to 48 cents a share on 618,686 average common shares, this
compared
with the net income of $166,136—33 cents a share on
average common stock—reported for the initial three months a year
ago.
y;
■,/
/;.■
A pension plan for employees was made effective on April 1,
1957,
with
been
management
that
for
elected
elected
been
has
has
Straus-Duparquet, Inc.—Wins Proxy Contest—
The
net income of $981,562 in the 12 months
ended March
31,
1957.
This is equal after preferred dividend re¬
quirements to $1.58 for each of the 574,809 average common shares
outstanding during the period; and it compares with the net income
of
$676,745 earned in
the preceding 12 months,
or
the equivalent
after preferred dividends of $1.37 a share on 442,815 average commotx
shares
board
$2,247,000 (58 cents per share
Schwartz.
Southern Nevada Power
company
who
1680.
to elect two
the
This
Freiler,
the Board.—V. 185, p.
Chairman of
2011.
p.
Vice-President,
succeeding
President,
Net operating income for
$223,520 compared with
1956,
of
183,
formerly Executive
Abraham J.
Stein,
waiter
com¬
1957, compared with $158,743 for
$187,047 for the first two months of
the
year.
amounted
1957
Stein & Co.—Changes in Personnel-
(A.)
28, 1957, electric operating
compared with $1,082,122 for
the
$1,155,215
to
period of
corresponding
$1,068,422
to
an
options
Royal Little, Chairman, on April 26 said in part:
"Our
periods indicated.
pared with $985,986 for the corresponding
For the two months'
period ended Feb.
April 18 filed a letter of notification with the SEC
on
company
to
44%.
company's
reasons
The
subject
be
1956
Jonsson said.—V.
tax
183, p. 3058.
"Including Interest and depreciation.—V.
to
stockholders is 150,000 and the op¬
the plan's effective date unless
of directors.
from
amounted
"
.
by the
stock
common
the
years
accomplishments, Mr; Jonsson reported consolidated
to a record $45,699,358 compared to $28,684,653
for 1955, an increase of approximately 60%.
Net income for 1956, he said, increased from 1955's $1,581,790, or
50c per share of common stock, to $2,349,103, or 72c per share of com¬
mon stock
after preferred dividends.
This represented an Increase o£
sales
Stanley Home Products, Inc.—Secondary Offering—A
$2 per
Surplus
terminated
Reviewing
of
by
ten
terminate
1200.
stockholders.—V. 185, p.
to
stock through this
common
shares
plan approved
will
sooner
last year.
over
of
number
the
tions
predicted for all of 1957 record sales approximating
a new high in earnings of slightly better than $1 per
stock.
This would represent an increase in sales
than 40%
more
Total
secondary offering of 2,000 shares of common stock (par
$5)
Dividends
Electric Co. has now disposed of its entire holdings
of
and
May 6, 1957
common
Textron Inc.—Sales and
$4,945,624
3,557,314
147,344
—_—
profits
shares
of
under
1957—6 Mos.—1956
$822,507
526,910
$936,270
—
_
547,678
offering
595,308
earnings
^Expenses
*—-—
from
company.
Standard Gas &
169,033
Gross
Co. common stock.
Pittsburgh Railways shares mainly
is in process of liquidation. Standard Shares is changing
a
public utility holding company to that of an in¬
Inc.,
status
vestment
Ltd.—Earnings Higher-
1957—Month—1956
acquired 454,000
has
Railways
Standard Shares, Inc. acquired the
of
Period End. Mar. 31—
It
through the exerecise of right acquired from Standard Gas & Electric
Co. and through the purchase of rights in the open market.
Standard
Gas
&
Electric Co.,
which is controlled by Standard
approximately $30,000,000 of new capital.—V. 185, p. 1520.
Southern Canada Power Co.,
that
announced
May 1
Pittsburgh
on
Jonsson
share
Standard Shares, Inc.—Acquires Pittsburgh Rys. Stock
issue
Net
Mr.
$65,000,000
.
Southern
faxes
during the present business year.
At the
sales will
costs
major
same
time, we remain, strongly convinced that automobile
increase over the 1956 rate," he said.—V. 185, p. 656.
Financial Chronicle... Monday,
American
presently served by only two certificated
Airways and Eastern Airlines.*
with
recommended
New York and San Juan are
air
carriers—Pan
In
accordance
the
decision,
Trans'
Caribbean
Volume 185
Number 5635
'
I
Airways,
184,
carrier
certificated
United States Leasing: Corp.—Stock Offered—An un¬
derwriting group headed by Schwabacher & Co. on
May 1 offered 800,000 shares of capital stock (par $1) at
$4 per share. %
* 7'. "
this
on
p.
Trans World Airlines, Inc.—To Sell Stock—
The
of
directors
April 25 authorized
additional common shares.
3,337,036
The
stock
new
would
share
be
for
sent
stockholders
to
PROCEEDS—Net
held.
Tne
the
in
subscription
for
otit
share
each
offering
the
on
additional
one
be
of
to
ratio
plans
company
notes
debentures
or
amount
such
of
stockholders
to
debt
for
securities
basis
the
on
machinery
since
L.
the
the
notes
was
part
or
debt
and
to
new.
a
would
secure
the
over
secured
period
aircraft.
of
a
by
from s,even
'
to
10
the
it
is
.
•
that
stock,
make
would
operations
sales
Net
The
of
the
corporation
The
of
names
changed.
Chemicals
announced
approved
this
change
April
oil
of
have
also
/.
>"
v'i
Va.;
Linde
Niagara Falls, N.
Calif.
Ind.;
and Torrance,
is
Co.
of
Nation's
the
addition
In
manual
industrial
tc
heat-treating
Linde
gases,
equipment for
welding of metals.
and
for
the
corporation.
125
about
sales
Company's
office
building
in
Avenue
Union
offices
for
Union
York
New
for
processing
the
world, It
'
makes
The
of
Carbide
30,600
handle
to
the
full
States.
which
is
the
Realty
52-story
a
erected
be
to
of
One
of
home
Park
270
at
ocean
ore
cargoes
from
ores
25 by Morse
It
will
month.
of
addition
to
various
G.
Dial,
at
the
parts
division
a
of
rate
about
500
tons
an
facilities,
will build
Carbide
Union
on
an
office building and laboratory.
for the engineering work has been signed with WesternEngineering Co. Ground breaking will take place in the early
fall of this year and operations are scheduled to begin on a limited
scale in the spring of 1958. There will be approximately 50 employees,
—V. 185, p. 2037.
31—
Operating
expenses—.
Interest
Provision
Net
for
majority
^
553,859
1,776,200
1,563,071
$1,525,533
$0.64
$0.57
presently outstanding.—V.
185,
86.
p.
U.
sales
in
record high
the
in
Board
and
Net
This
In
after
the
on
like
in
quarter
1956,
I.
to
came
Snyder,
April
on
the
earnings
year
a
1957
first-quarter
This
$28,362,000.
Jr.,
Chairman
$718,000,
was
$1,002,000,
of
of
is
the
30.
quarter
or
number of shares outstanding during
with
period
for
of
and compares with sales of $24,479,000
John
reported
taxes
average
compares
the
"Our
first
President,
profit
share
the
for the company,
period
same
51
or
cents
30 cents a
the period.
per
share,
this
operations only,
and on that basis are slightly higher than a year ago," Mr. Snyder
said.
"In
1956,, our earnings
were
larger but * they included several
non-recurring items of income."
Mr.
be
Snyder
higher,
quarters
higher
He
by
added,
year
the
USI
earnings
margin,
than they
are
year
in
were
the
from
from
operations
second,
in similar
third
quarters
will
and
also
fourth
of 1956,
and
first
"Our
about
that
substantial
a
of this
than
at
now
predicted
quarter's earnings reported now.
backlog is holding up very well and
stands
right
the
past year we have spent some
$6,400,000 to expand and upgrade our plant facilities. This has resulted
tremendous
in
tion.
of
$60,000,000.
;
this
a
previous
9%
reported
over
and
sales
net
1955.—V.
;
and
much
offered
registration
a
statement
'
the
with
/
2038.
•
underwriting.
1955
1954
$9,487,364
999,072
$8,230,280
646,071
-
515,465
390,451
$637,845
$513,554
$483,607
1,327,260
1,248,757
$0.41
1,248,757
$0.39
$255,620
1,248,757
$0.21
618,898
>
share—$0.48
per
1582.
180, p.
J.—Earns. Rise—
\ 1956
-729,540
outstanding--
••
■
:
■
,,
Washington Gas Light Co.—Registers With SEC—
This
filed
company
statement with
registration
a
covering $8,000,000 of refunding mortgage
for public sale at competitive bidding.
1957,
25,
be
the SEC on April
bonds, due 1982,
offered
Net
of
of this financing will be added to the general funds
and be used for such corporate purposes as the man¬
proceeds
the
company
$12,100,000.—V.
184,
2675.
p.
stockholders
The
& Paper Co.—Merger Approved—
31.—V
Oct.
SEC
on
184,
Paper
Dauch
1398.
p.
approved
April. 25
on
With Hinde &
company
underwriting terms, are to be supplied
is to be made by the underwriting on
offering
is
Butte
The
of
type.
The
batholith
in
any
Boulder
the
on
Helena.
and
deposits
ore
of
been
probable
or
proven
exploratory.
properties
and
ore,
that
Assuming
proposed merger of this
to become effective befora
a
Co.,
Privately
privately, through The Ohio
Company, $1,000,000 of 5% first mortgage bonds due 1979.
Western Reserve Telephone Co.—Bonds Sold
—The company has placed
net
The
proceeds are
to
be used
to
bank loans and accounts
repay
additions.—V.
incurred for plant
payable
185,
869.
p.
Public
to
investors
who
of
184,
of
stock
the
Albert
business
29
sale
Griswold
will
used
for
Ore.,
be
Portland,
of
is
exploration
listed
professional people stated
and
as
the
purDoses.
President. A
enterprise.—
—The company on
Co.,
Silverton, Ore.—Stock Offered
April 10 offered to the common stock¬
holders the right to subscribe for 12,811 additional shares
of common stock at'par ($10 per share) on the basis of
one
share for each two shares held
new
1957; rights will expire
written by
loans
and
will
ing should
The
if
net
proceeds
the
etc.
capital which wil in turn provide a
securing of additional mortgage financing if such financ¬
and desirable in the opinion of the directors.
equity
has
company
filed
an
Rural Electrification
and
Net
will
the
be
application
for
Administration.
used
for
dollar loan from
loan,
outstanding indebted¬
costs on the contemplated
million
a
The
refunding
modernization
of
payment
the
income
Earnings
2,264,000
$3,228,245
Dr3,120
$2,964,976
$3,225,119
$0.48
$0.52
the
year
for
—
proceeds from this
of
1957, earnings amounted to $1,173,961. For
of March,
month
same
revenues
—,
_
share
per
the month
For
last
March,
year,
1957,
earnings" were $1,443,373. Gross operating
totaled $21,811,724 as against $21,228,879 a
>'
ago.
'
CAPITALIZATION
GIVING
EFFECT
TO
PRESENT
Authorized
"•First
$250,000
mortgage lean
Preferred
Common
'The
stock
stock
(par
90,000 shs.
(par $10)
has a mortgage loan
company
Mutual
5,000 shs.
$10)
Life
Insurance
Co.
of
FINANCING
Outstanding
$250,000
None
38,433 shs.
in the amount of $250,000 from
Los Angeles, evidenced by its
properties. The note
bears
interest at the
annum and is repayable in
semi-annual
installments
for
principal amount equivalent to 2V2%
per annum of the total loan,
or $6,000, the first payment being due
on
July 1,
1957, with the unpaid principal balance in the amount
of $136,000 becoming payable on Jan. 1, 1976.
The semi-annual interest
will be payable with the principal installments.
and
secured
by
is
DIVIDENDS—It
mortgage on all
rate of 4 % %
per
a
the
intention
of
of
the
its
directors
provide for the payment of a quarterly dividend of 15
on
the outstanding common stock while justified by
quarterly
dividends
were
declared
to continue to
cents per share
earnings. Four
in 1956.
in Oregon on May 5, 1955, for
the purpose
of succeeding to the business of Interurban Telephone
Co., its predecessor in operations. Interurban Telephone Co. has been
engaged in a general telephone and telegraph business as a public
utility in Silverton, Ore., and surrounding rural territory since 1904.
The
company
began operations on Feb. 1, 1956, after completing
its acquisition of Interurban
and after having sold 10,500 shares of
its stock to the public through an offering which began in November
1955.
Since the acquisition date, Valley Telephone Co. has improved,
extended
and added
to
the former telephone plant and properties
BUSINESS—Company
formerly managed by
was
organized
Interurban.—V. 185, p. 1563.
V.
Value Line Fund,
by
it
SEC,
under
from
Inc.—SEC Exemption Order—
announced
Investment
on
April
Company
30, has issued an exemption
permitting the purchase
Act
Inc.. of 8,800 shares of common stock of E'stey Organ
The Value Line Fund, Inc., New York investment company.
Bernhard,
Corp.
was
the
"■■
•"
■■
185,
1794.
p.
•
•.
•
,
Westinghouse Electric Corp.—Registers With SEC—
The
filed
corporation
registration
a
statement
the
with
SEC
;
on.
April 25, 1957, covering 400,000 shares of its $12.50 par common stock,
to
be
offered for subscription
by employees of that company and
subsidiaries under its "Employee Stock
Three Months
Ended March 31—
Cost
and
wear
(depletion)
sold
and
and roadis
ment
than
other
income
Federal
•
47,633,576 50.047,584
-> >••;.• < • ;•
r—.
and
and tear of plants, equip¬
used
provision for
$70,448,162 $78,084,363
—
exclusive of
expenses,
below—;
timber
Taxes
Net
Net
6,114,313
——.—-
Federal
income
taxes
3,219,339
4,100,000
taxes
—
.
income
income
:
.
per
Merger of
1956
$69,033,945 $76,379,073
1,414,217
1,705,288
.
1_.
—
sold
goods
items shown
Cost-of
—_
(net)—
income
of
.j.
-
income
Total
1957
.
pulp, plywood and other forest
Sales of lumber,
Other
Plan."—V. 185, p. 1325..
(& Subs.)—Earnings Down
Weyerhaeuser Timber Co.
share
$9,380,934 $11,382,838
.
—1—
.
5,715,765
3,038,17®
7,900,009.
$0.4Q
$0.38
—
Eddy Paper Corp. into
approved by the shareholders of
to conduct the business of thesa
the Kieckhefer-Eddy Division of Weyerhaeuser Timber
Kieckhefer Container Co. and The
Weyerhaeuser Timber Co has been
the three companies. It is planned
operations
as
Company.
.
.
.
will present the financial results of the merged
combined basis. Indicated net income of the combined
companies on a pro forma basis was 41 cents per share for the first
quarter of 1957, as compared with 46 cents for the corresponding
period of 1956.—V. 185, p. 1563.
reports
Future
companies
on
a
(John) Wood Industries, Ltd.—New
see
Metal
International
Industries,
Ltd.
Profit
before
for
Provision
Profits Higher—
Earnings
♦
the
Net
sale
per
—
Federal
income
share
profits for 1956 include a
of capital equipment.—V.
^11,055
The
company
offered
ceeds
on
184, p.
to
be
to
183,
retire
p.
With
notification with the »EO
1982 te bft
The pro¬
loans and outstanding notes and ior
April 19 filed a letter of
used
ioj.jou
369.
$100,000 of 5 % first mortgage bonds due June 1,
face amount.
There will be no underwriting.
capital.—V.
„
$158,250
*$157,709
$1.11
$1.11
nonrecurring profit of $23,754 from
Yardley, Pa.—Files
Exchange Commission—
at
are
working
^
169,585
taxes
—
—
$2,209,989
Yardley Water & Power Co.,
covering
*
1957
$2,332,821
327,^35
31—
taxes
profit
Net
Name-
above.
World Publishing Co.—Sales and
Quarter Ended March
sales
Net
Securities and
order
•
Preliminary indications arc that earnings for April will run ahead of
same month last year,
according to W. P. Marshall, President.—•
the
products
be necessary
completed,
ness
10,
issue will be used to repay
and the issuance of these
this
of
improvements,
for
pay
increase
for the
base
of April
Daugherty, Butchart & Cole, Inc.
PROCEEDS—The
bank
shares
as
May 10. The offering is under¬
on
1,969,000
tax—______
operations———r-
Extraordinary income items
'
Valley Telephone
current
Income from
heretofore
shares
670.
p.
>
1956
-
$64,349,567 $61,006,390
exps.__,
59,420,977
55,514,145
$2,959,590
——5,386
Provision for Federal income
the
Proceeds
1957
Three Months Ended March 31—
Operating revenues and other Income-,
Operating, administrative, general, etc.
of
1,713,350
acquired
Off—
Western Union Telegraph Co.—Net Earnings
the
all
more
of $105,431,774, a 30% increase over
of $4,413,816, which represented
185, p.
Exchange Commission—
public, for which they paid $171,350 in cash, will hold
approximately 38% of the shares; and the public investors who pur¬
chase the 1,250,000 shares will hold approximately 27%
of the then
outstanding stock.
..
income
without
share),
$10,179,202
1,132,452
1957
1,367,385
income__,
—V.
shares...
cash.
The
year,
increase
Oregon-Washington.
Of, these,, holders of the warrants and options will
1,584,345 share's (35%) f°r which they will have paid $158,434.50
own
efficient produc¬
capital improvement program will continue through the end
year. Results of it will become more and more apparent as the
operating economies
.
the
has
4,547,695
The
year goes on."
For 1956, USI
the
In
of
Manager
are
without
company's work
the 1,250,000
shares are sold and that pll warrants and options to purchase shares
presently outstanding are exercised, there will then be outstanding
such
ago.
earnings
General
exploration for
properties is located
reserves
thereon
note
S. Industries, Inc.—Reports Quarterly Results—
Net
ft
the
basis.
between
material
Pacific
shares
B
per
acquisitions.
$1,722,259
'
2,685,714
and
common;
of 75 and that Earl R. Dean
age
4,509,603
_■
__
on
an
and
the
and
objective
of
Montana
$8,152,066
676,415
;
income)
taxes
share
per
Based
;
other
income
income
•Earnings
•
(less
expense
1956
5,730,803
revenue
Operating
1957
$9,905,677
March
and
1324.
p.
Board
purpose
initial
the
Union Tank Car Co. (& Canadian Subs.)—Earns. Up—
Ended
Net
Shares
Manager and a director
their families hold more
Oregon-Washington
185,
Minn.—Files With SEC
letter of notification with tha
capital stock to be offered to
a
class
($100
$10,935,839
before taxes
Earnings
into
respectively,
Dean,
filed
26
of
par
Federal taxes
company
the
its
of
contract
Months
R.
at
•
80%
(i.e.,
entered
has
shares
3 Mos. End. Mar. 31—
was organized under Montana law in September 1955,
of acquiring, exploring and developing uranium and
mining properties.
According to the prospectus, it has acquired
several
uranium
properties
which
are
of
prospective
interest
for
possible occurrences of commercial deposits of uranium ore; however,
President.
Knapp
Three
and
The
efforts
best
site
A
Earl
persons
the
filed
underwriter
group
and classify approxi¬
facilities will Ire able
grade
Unloading
ore,
processing
ore
and
United
April
on
500
pharmacists
Income
Corp. of America, Boulder, Mont.—Registers
amendment.
V.
by Union Carbide Ore Co.,
Corp.
a
preferred.
preferred
4,800
corporation
covering
Sales
preparation plant at Warwick, Va.,
ore
will be shipped
from Warwick by rail to plants of
Metallurgical Co., another division of the corporation, for use
production of alloys for the nation's steel mills.
the
In
Carbon
of
offer,
31).—V.
other
conditioning,
The
hour.
Electro
in
&
tons
has
April
plant will be operated
new
Union
mately
Said
of
corporation
The
of
types
numerous
shaping,
real estate management
more
than 300 plants and
chromium
on
than
March
Wallace & Tiernan Inc., Belleville, N.
and five shares
common,
less
not
through
with
statement
1957, covering 1,250,000 shares of its 10c par common stock.
public offering price of these securities, together with the name
for
.
construction
ore
and
announced
The
SEC
selected
construction expenditures'
for
Vitamin Council, Inc., St. Paul,
Oregon-Washington
of
and Vice-President,
themselves
President
the
a
"•
Processing Import Ores—
manganese
was
Dean
Securities and
Graham
an
for
by
oxygen
cutting,
United
the
Carbide
corporation will build
exchange
President,
of
City.
To Build Plant for
This
Carbide
is
H.
shares
become
The
responsible for
the
in
piojects
current
of
total
provide
to
company's
treasury
therefor.
Construction
1957 are estimated at $70,000,000 (of which $15,000,-
expended
was
used
agement may determine. From its general funds, the company expects,
among
other things, to provide for part of its current construction
program
and to retire $205,000 of long-term debt by Dec. 1, 1957.
Construction
expenditures
for
1957
are
presently
estimated
at
in
Co. is
share
a
be
the
April 30,
been
industries.
Carbide Realty
000
;
registration
a
will
reimburse
to
This
major
products
of
this
Union
Carbide division
are
carbide and acetylene, used by both the metals and chemicals
Union
the
Wade
and
Uranium
other
Two
calcium
each
ofier,
with
with
Dean
With
Seadrift and Texas
Y.;
leading
automatic
and
filed
25
proceeds
to
expenditures for
development as¬
agreements.—V.
185,
y'."/;"'
„
Net
West Virginia Pulp
producers.
Its
principal oxygen plants are located at Kittanning and E'ssir.gtcn, Pa.;
Ashtabula, Ohio; East Chicago, Ind.; and Berkeley and Fontana, Calif.
one
of
company
on
May 1 filed a registration statement with tho
covering 1,000,000 shares of its $8 par common stock, to bo
for public sale at competitive bidding.
; •
...
or
management of the latter intends to retain all of the present
personnel that it considers worthy and dependable in order that there
may
be a continuation of experienced personnel and management.
—V. 184, p. 52.
the
Whiting,
Texas;
City,
to
:
*-
offered
The
petrochemicals field, Union Carbide Chemicals Co.
now
supplies
industry with some
400
synthetic organic chemicals.
Its major producing plants are located at Institute and South Charles¬
ton, W.
386.
p.
Virginia Electric & Power Co.—Registers With SEC—
and
24,000 common shares of Oregon-Washington
must be Irrevocably tendered for exchange.
13,000
will
;
known as Union Carbide
.
185,
Washington until he has attained the
Chemicals Co. has become Union Carbide
Air Froducts Co. is changing its name to Linde
•
for
Oregon-Washington.
to
Carbide
Union
stock.—V.
family members agree to exchange
their holdings of preferred and common for United common.
It is also
agreed that Wade H. Dean may remain as Board Chairman of Oregon-
16.
divisions
With SEC—
This
SEC
class)
Messrs.
by
at
and Carbide & Carbon Realty Co. will be
Co.;
Realty Co.
A pioneer in
April
the
of
connection
than
Carbon
Linde
Co.
was
three
Carbide &
and
each
of
Union Carbide
Morse G. D.al,
the annual meeting
shortened
it
1957,
1,
its
President,
Jr.,
Corp.—Shortens Name—
corporation lias been
May
America—Earnings Lower—
corporation in the qiiartfef ended March 31, 1957; earned $1,737.$1.09 per share on 1,260,394 shares of capital stock, on sales of
common
is supplying research
under
technical service
on
common
Chairman
first quarterly period ended March
Carbon
Stockholders
President.
of
this
effective
Humphreys
E.
Rubber
condition
agreement
in first quarterly periods of 1356 amounted to $5,511,-
of
name
Corp.,
H.
each share of Oregon-Washington
for
a
shares
equal to 77 cents per share on the shares now outstanding.
For
quarter of 1956, lfet income equaled 69 cents per share.—
185, p. 1432.
&
Belgium,
■
United
As
last
Union Carbide
-
or
corporation on April 29 filed with the SEC an amendment
registration statement covering an additional 380,000 shares
105,000 shaves of its $10 par common stock, United
to offer this stock to holders of shares of common stock and
common
000,
V.
se»
The
covering
of
Combined net sales for Union Bag & Paper Corp. fn the first
quarterly period of 1956, and Camp Manufacturing Co. for the period
ended March 25, 1956,; were $42,672,000.
I
; Net income of the company in the first quarter of 1957, after pro¬
vision for taxes, was $4,752,273 or 67 cents per share on the 7,134,673
shares of capital stock outstanding.
Combined net income for Union
the
details,
further
For
Vanderbiit Mutual Fund, Inc.—Registers
in
ia
cumulative' preferred stock of Oregon-Washington Telephone Co.,
exchange for their holdings of the Oregon-Washington common
and preferred stocks.
The basis ol exchange to 2Va shares of United
31, 1957.
Bag and Camp
minority
interest
tire manufacturers
substantial
in
Corp.—Earnings Lower—
in the
$39,266,059
were
S.
Englebert
corporation
SE'C
In
Union Bag-Camp Paper
its
be
5%
figures,
March
The
ago.
year
a
as
the
available*for
U.
proposes
he said,"' are not
complete but the first quarter deficit will be less than the $6,544,000
reported for the 1956 period.—V. 185, p. 1932.
$3,420,000
that
by
will
directed
acquisitions
purcnases
and largest
•
This
the
place in recent weeks and the net -loss for the first quarter, which is
traditionally a loss period,; would be well below a year ago.
In the
first two
months, of
1957 the net- loss totaled $1,939,000, compared
with
Line.
according to W. C. Keeley, President.
an opening
quarter, the showing was exceeded only by the allhighs achieved in the like quarter last year when sales were
$17,788,164 and net earnings were $1,831,796.
The latter is equal to
$1.45 per share on the same share basis.
Satisfactory sales and earn¬
ings for all of 1957 are contemplated, and longer range prospects are
brightened by the operation late this year of producing facilities now
under construction, Mr. Keeley says.—V. 185, p. 1681.
•
United Utilities, Inc., Abilene, Kansas—Registers Ex¬
change Offer With Securities and Exchange Commission
taken
has
of Value
time
to
to
1794.
p,
V
in
affiliate
an
$15,607,178,
France
respect
sistance
the
•offering.
v/'" "
V* Mr. Burgess .said a definite - improvement
one
located at Liege,
on April 30.
expanded.
Hughes Tool
contemplated
common
377,
the manufacture of U. S. Royal tires in
and Germany in modern plants favorably located
major European automotive manufacturers and the:
European plants of American motor companies.
Established 54 years ago, Englebert & Co. is one of the pioneers in
the European tire Industry. "It operates three plants located in Liege;
Aachen, Germany, and Clairoix, France;
which are currently being
with
Co., which owns 74 Co
sara# type of commitment as
previously agreed to in connection with the debentures or noies, in¬
cluding the undertaking to acquire
enough- common stock, in the
event it is offered, so that with the proceeds of subscriptions by other
shareholders the company would-obtain at least $34,000,000.
*
i At recent quotations for T.W.A. common, the stock to be offered
would have a
gross
value of more than $52 million.
But the sala
to stockholders will be at a price below the market at the time of the
said
He
of
it
commitment
acquired
a
of tne oldest
has
Co.,
&
Belgium,
would be
The loan
years.
which
firm
after
facilities
have
Mr.
the company is going ahead with its arrangements to
$50,000,000 from institutions which would be repaid an¬
nually
casn
is
2038.
Through this acquistion, Mr. Humphreys said, U. S. Rubber will now
said
Burgess
to
tunds and used for
announced
existing
to
the company's
estimated
stock,
rentals receivable by
company
Europe,
.
,
about $50,000,000.
loan of
the
Inc.,
p.
Vanadium Corp. of
United States Rubber Co.—Acquisition—
Englebert
subordinate
been
have
institutional
of
185,
The
Leasing Corporation is engaged in leasing
equipment
and
Gross
This
principal
meeting
the
debentures."
or
debentures
notes
funded
the
out
carry
convertible
The
statement
proxy
to
feasible
told
sale
the
V.
tne company climbed from $263,780
in 1952 to $7,556,833 as of Dec. 31, 1956.—V. 185, p. 1563.
taat "developments
mailed indicate that it may not be
of the financing program relating to
President,
Burgess,
5a
-
For
and
customers
"
Carter
will be added to
$2,880,600,
leased.
held.
nine shares
each
$100
of
from
BUSINESS—United States
the
with
proceeds
Bernhard,
worxing capital.
Securities and Exchange Commission early
in May;
Details as to the record date, subscription price and other
items
will
be
decided later,
the
company
announced.
Earlier,
at
tneir
annual
meeting,
the
stockholders
approved a
change in the charter authorizing an increase in the company's com¬
mon stock to 10,000,000 shares from the 4,000,000 presently authorized.
The
decision
to
make
the
stock
offering represents a change of
company's plan for issuing approximately $37,000,000 of convertible
register the issue
(2145 )-
'
would become, the third
1397. - ■ —
' "
<
Inc.,
route.—V.
Financial Chronicle
The Commercial and
.'. ;
2464.
54
(2146)
Commercial and Financial Chronicle.., Monday, May
The
6, 1957
STATE AND CITY DEPARTMENT«iWsi#
h
)
.
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
Maricopa County, Wickenburg High
School
Eufaula, Ala.
Bond
>
Warrant
and
(P.
O.
Bloomfield School District, Los
Phoenix),
Angeles County, Calif.
Arizona
Offering—
Eugene C. Parker, City ClerkTreasurer, will receive sealed bids
until 11 a.m. (CST) on May 15 for
the purchase of $362,000 bonds, as
District
Bond Offering
Clerk
of
—
Board
will
receive
а.m.
(MST)
Bond
Rhea Averill,
of
sealed
May
on
until
16
for
$200,000
Series
school
B
bonds.
Dated Feb. 1, 1957. Due se¬
rially from 1958 to 1987 inclu¬
<
sive.
Callable
beginning
in
Principal and interest
able
at
the
County
building
Bond
school
June
1,
from
1958
warrants.
1957.
Dated
Due
1987
to
serially
inclusive.
Callable beginning in 1963.
110,000 Board of Education Cap¬
ital Outlay School warrants.
Dated
Feh.
1, 1957.
rially from 1958 to
clusive.
Dud
Pinal
County High School District
Na. 20 (P. O. Florence), Ariz.
Bond Sale—The $135,000 build¬
ing bonds offered April 29 — v.
185, p. 1933—were awarded
Lewis E. Offerman Co.
Little Rock, Ariz.
Bond
and
warrants
water
Mobile County Gas District
(P. O.
Mobile), Ala.
Offering—Buford Bryant,
Secretary-Treasurer, will sell at
public auction at 10 a.m. (CST)
Bond
on
May 21
natural
issue of $2,700,000
bonds. Fur¬
an
gas
revenue
Hugo
Brown
Marx
Marx
&
Bldg.;
Co.,
or
224
from the
The
$9,585,000
bonds offered April
—
syndicate headed by The First
a
Boston
Corporation,
Equitable
Securities Corp., and White, Weld
& Co., at a price of par, a net in¬
terest cost of about 4.14%, as fol¬
lows:
$608,000 l%s. Due
1960
to
327,000
1965
2s.
Due
on
to
1968
inclusive.
1966
2,594,000
from
4V4S.
Due
1969 to
б,056,000
from
on
1
from
Feb.
Due
1988
to
on
1
inclusive.
Feb.
1
Montgomery, Ala.
$430,000 water
Smith, Barney & Co., Harriman
Ripley & Co., Inc., Blyth & Co.,
Inc., Goldman, Sachs & Co., R. W.
Pressprich & Co., Bear, Stearns &
April
bonds
revenue
29—v.
185,
offered
and
at
office.
1982
interest
High School District,
County, Calif.
Bond Offering — J. L. Brown,
Fresno
County Clerk, will receive sealed
his office in Fresno,
until
(CDST) on May 14 for
the
purchase of $350,000 school
building bonds.
Dated June 1,
a.m.
1957. Due
on
June 1 from
inclusive.
terest
1958 to
Principal and in¬
payable
at
the
County
Treasurer's office.
Legality ap¬
proved by Orrick, Dahlquist, Herrington & Sutcliffe, of San Fran¬
to
a
p.
group
composed
of
The First National Bank of Port¬
Dean Witter &
Co.;
cisco.
Clerk
will
of
Board
receive
bonds,
as
until
10
bonds.
1958 to
School
bonds.
to
Albiso
Due
1966
School
Due
on
Dis¬
County, Calif.
Bond Offering—Jack G.
Blue,
County Clerk, will receive sealed
July
1
1974 inclusive.
District
on
July
No.
1
inclusive.
office.
office
(PDST)
4
from
a.m.
in
Oakland
un¬
May 7 for
purchase of $121,000 school
bonds. Dated June
15, 1957. Due
on
the
on
Dated April 1, 1957.
Principal
and* interest (J-J)
payable at the
County Treasurer's
bids at his
10
June
clusive.
15
from
1958 to
Principal
(J-D)
payable
at
Treasurer's office.
and
1978
in¬
interest
the
County
Legality ap¬
proved by Orrick, Dahlquist, Herrington & Sutcliffe, of San Fran¬
cisco.
San Francisco.
Schwabacher. &
Company;
H.
Bond
Sale
$10,200,000
municipal im¬
provement bonds offered April 30
—v.
185, p. 1794—were awarded
to
a
obligation
syndicate headed by the Bank
of America National Trust & Sav¬
ings Association, of San Francisco,
at a price of
100.10, a net interest
cost of about
$3,400,000
from
2,125,000
from
3.60%,
4V4S.
as
Due
follows:
on
May
1
1959 to 1966 inclusive.
3t4s.
Due
1967 to 1971
on
Bro¬
Edwards &
E.
"
Work
&
Co.;
Frank, Meyer & Fox; Wagenseller
& Durst, Inc.; C. N. White & Co.
May
inclusive.
Savings Association,.
Co., both of San
Francisco, Blyth & Co., Inc., First'
Angeles County (P. O. Los
Angeles), Calif.
Bond
venile
J.
Sale—The
Detention
$3,865,000 Ju¬
Facilities
composed
group
Trust
Co.,
Barney
bonds
of
&
Co.;
of
&
Co., Merrill Lynch,
Pierce, Fenner & Beane, Wm. R..
Staats & Co., Northern Trust Oo.y
Chicago, John
Nuveen
&
Co.,'
Paine, Webber, Jackson & Curtis,
Shearson, HammilU& Co., E. F.1
Hutton & Co., H. E. Work & Co./
Lawson, Levy & Williams, Stone
& Youngberg, Irving Lundborg &
Co., Hill, Richards & Co., Shu¬
man, Agnew & Co., Wagensellerand C. N. White & Co.
Palo
1
Bond
City
and
bids until 3 p.m.
(PST)
May 13
on
nicipal improvement bonds. Dated
June 1, 1957. Due on June 1 from
1958 to 1982 inclusive. Principal
and interest
(J-D) payable at the
American Trust Co., Palo Alto, or
at the
City's fiscal agency in New.
City or Chicago.
Legality
York
approved
by
Herrington
Orrick, Dahlquist,
Sutcliffe,- of San
&
Francisco.
San
' V
y
.
Bernardino
School
District, }
San Bernardino
County, Calif.
Bond Sale—The $600,000 build-"
ing bonds offered April 29 — v*
185, p. 1795—were awarded to the
First
and
Weeden
&
of
about
Dated June
from
2.96%.
1958
to
1962
on
1958 to
Principal and interest (J-D) pay¬
able
at
the
County Treasurer's
office, or at any of the fiscal agen¬
of
City
the
County in New York
Chicago.
or
Los
Bond
Board
Frank
June
5
$15,000,000
Dated
Bond
school
the
for
electric
June
1,
1957.
Twohy
an¬
purchase
plant
Due
of
bonds.
serially
from 1958 to 1987 inclusive. Bonds
due in 1963 and thereafter will be
callable.
Mineral King Union School District,
Tulare County, Calif.
Bond Sale—The $15,000 school
building bonds offered April 30—
v.
185, p. 2039—were awarded to
Union
Safe
Deposit Bank
of
of
Community Services Dist.,
County, Calif;
p.
group
.
Sale—The
bonds
$950,000 water
offered May
1934—were awarded
1—v.
to
a
composed of Taylor &
Co.;
Corp.;
AllisonWilliams
Co.; Juran & Moody,
Inc., and First California Co., as
5s, at a price of 97.50, a basis of
Wachob-Bender
about 5.12%.
District,
Los Angeles County, Calif.
Bond. Sale
The $3,500,000
building bonds offered April 30—
—
»
$1,150,000
offered April 30—c
1795—were awarded to
p.
1958
Due
to
and
May 15 from
on
inclusive.
1970
90,000 4V2S.
Due
May 15, 1971
on
1972.
375,000
4V4S.
Due
May
on
15
from 1973 to 1980 inclusive.
100,000 2s.
Due
on
May 15, 1981
and 1982.
District,
Monterey County, Calif.
Offering—Emmet G. Mc-
Bond
Menamin, County Clerk, will re-^
ceive
sealed
Salinas
bids
until
11
his
at
office
(PDST)
a.m.
in
on
May 6 for the purchase of $8,000
building bonds. Dated May
1, 1957. Due on May 1, 1958 and
1959.
Principal
and
interest
(M-N)
payable
at
the
County
school
Treasurer's
office.
Washington Tu>p. Hospital District,
Alameda
County, Calif.
Bond Sale—The $1,500,000 hos¬
pital bonds offered May 1—v. 185,
1795
—
of
awarded
were
America
to
National
the
Trust
&
Savings Association, of San
Francisco, at a price of 100.05^ a
net
interest
cost
of
about
Due
on
June 15 from
1962
inclusive.
4%, as
follows:
$375,000 6s.
1958
to
75,000 3V2s.
375,000
675,000
Los
Bond
1964
Due
to
3.90s.
Whittier
school
Due June 15, 1963.
3%s.
from
from
Pomona Unified School
The
—
Crocker-Anglo National BariK
San
Francisco,
and
Schwa¬
& Co., jointly, as follows:
Bank
revenue
Sale
bacher
p.
Stockton.
Bond
;
May 15 from
' 'I
on
1977 inclusive.
bonds
185,
v.
the
of
that bids will be received
nounces
inclusive.
Siskiyou Union High .Scfi. foist.,
Siskiycu County, Calif.
of Water and Power Com¬
missioners
until
May 15 from
on
Tularcitos School
Auditor
—
follows:
as
1962
1963 to
Angeles, Calif.
Offering
net interest cost
a
450,000 3V2s. Due
June
inclusive.
Bank, of Chicago*
Co., jointly, at a
3.47%,
$585,000 5s.
1, 1957. Due
&
$150,000 3 V4S. Due
Co.;
as
basis
cies
National
Laidlaw
price of 100.08,
Smith,
Burns, Corbett & Pickard,
3s, at a price of 100.10, a
Inc.,
185,
Alto, Calif.
Offering—Winifred Kidd,
will receive
sealed
Clerk,
for the purchase of $1,000,000 mu-'
Bankers
York;
iNew
Mercantile
Trust
Company,
St.
Louis; Laidlaw & Co.; R. S. Dick¬
son
& Co.; W. H. Morton &
Co.,
the
Corp., California Bank, of:
Angeles, Dean Witter & Co.,
Barth
offered April 30 were awarded to
1
Trust
Boston
Los
of about
Los
Riverside
The
—
Stern
Fred D.
Blake & Co.; Garrett-Bromfield &
Co.; Magnus & Company; Stern,
a
&
-
and
Long Beach, Calif.
general
Co.;
thers & Co.; A. G.
Sons; Gregory & Sons;.
Kalman & Company, Inc.; Ken¬
ower, MacArthur & Co.; Lawson,
Levy & Williams; Irving Lundborg &' Co.; Shuman, Agnew &
Co.; Stone & Youngberg; Taylor
Norco
School District, Alameda
til
High
trict
1958
bids
May 29 for the
$495,000
building
follows:
from
85,000
of
Averill,
Supervisors,
on
Mesa
of
Rhea
sealed
a.m.
(MST)
purchase
of
$410,000
—
Trust
American
& Durst, Inc., Fred D. Blake & Co.
Co.; J. Barth &
R. Staats; &
Co.;
Bacon, Stevenson &
Co.; Equitable Securities Corpora¬
tion;
Hemphill,
Noyes
&
Co.;
Laidlaw & Co.; F. S. Moseley &
Co.; B. J. Van Ingen & Co. Inc.;
White, Weld & Co.; Eldredge &
Co. Incorporated; G. C. Haas &
Co.; E. F. Hutton & Company;
Carl M.
Loeb, Rhoades & Co.;
&
—
Offering
In¬
posed of Bank of America Nation-'
al
William
-
Bond
Francisco;
land, Oregon; Weeden & Co.
corporated;
1933—were
Co., Stifel, Nicolaus & Co., Bache
Colton, Calif.
Co., F. S. Moseley & Co., HornBond Offering—City Clerk Eli¬
Thornton, Mohr & Parish; Sterne, blower & Weeks, Estabrook & Co.,
Agee & Leach, and Shropshire & Paine, Webber, Jackson & Curtis, zabeth Davis announces that the
R. S. Dickson & Co., Hirsch &
Co., at a price of 98.02.
Co., City Council will receive sealed
Dwinnell, Harkness & Hill, First bids until 7:30 p.m. (PDST) on
ARIZONA
May 21 for the purchase of $1,of Michigan Corporation,
250,000
waterworks
revenue
Robinson-Humphrey Co., Inc.,
Arizona State College (P. O.
bonds. Dated May 1, 1957. Due on
W. H. Morton & Co., Andrews &
Flagstaff), Ariz.
May 1 from 1959 to 1984 inclu¬
Wells, Inc., Ohio Company, Sterne,
Bond Offering—Lynn M.
sive.
Laney,
Legality approved by
Agee & Leach, Wm. E. Pollock &
Secretary of the Board of Regents,
Van Alstyne, Noel & Co., O'Melveny & Myers, of Los An¬
will receive sealed bids until 11:30 Co.,
Walter R. Bass Co., Hill, Craw¬ geles.
a.m.
(MST) on May 17 for the
ford & Lanford, Inc., E. L. VillaDuarte School District, Los
purchase
of $500,000
dormitory real &
Angeles
Co., Lewis W. Cherry Co.,
revenue
bonds.
Dated
County, Calif.
April 1,
Stern Brothers & Co.,
Bond Sale—The $15,000 build¬
1957. Due on April 1 from 1960 to
1997 inclusive.
Barton, Leeds & Co., Kenower, ing bonds offered April 30—v.
Principal and in¬
185,
terest (A-O) payable at the Flag¬ MacArthur & Co., Walton & Co.,
p. 1682—were awarded to Stanley
staff office of the Valley National Inc., Walter, Woody & HeimerM. Arndt, of Los
Angeles, as 33/4s,
Bank of Phoenix, or at the Chase dinger, Bosworth, Sullivan & Co., at a price of
100.13, a basis of
Manhattan Bank, New York City. Clark, Landstreet & Kirkpatrick, about 3.72%.
Inc., Merrill, Marong & Co., F.
Arizona State College (P. O.
Brittain Kennedy &
Co., W. H. Livermore School District, Alameda
Satterfield & Co., Widmann &
Flagstaff), Ariz.
County, Calif.
Co.,
Bond Sale—The $500,000 dormi¬ Chace,
Bond Offering — Jack G.
Whiteside, West & WinsBlue,
tory bonds offered April 26—v. low, Inc., and J. A. Overton & Co. County Clerk, will receive sealed
bids at his office in
185, p. 1794—were sold to the Fed¬
Oakland, until
Pulaski County Special Sch. Dist. 10 a.m.
eral Housing and Home Finance
(CDST) on May 7 for the
(P. O. Little Rock), Ark
Agency, as 2%s, at a price of par.
purchase of $338,000 school bonds,
Bond Offering
E. F. Dunn, as follows:
Arizona State College (P. O.
Secretary of the Board of Direc¬
$220,000 Series A bonds.
Dated
Tempe), Ariz.
tors, will receive sealed bids un¬
June 15, 1957. Due on June 15
Bond Sale—The
til 10 a.m. (CST) on
$2,500,000 dor¬
May 7 for the
from
1958 to 1982 inclusive.
mitory
revenue
bonds
offered purchase of $835,000 school bonds.
118,000 bonds. Dated July
15,
April 19—v. 185, p. 1682—were Dated May 1, 1957. Due on Dec. 1
1955.
Due on July
15 from
sold to the Federal
Housing and from 1957 to 1966 inclusive. The
1968 to 1975 inclusive.
Home Finance Agency, as
2%s, at bonds are callable. Interest J-D.
a price of par.
Principal and interest payable
Legality approved by Townsend
at the County Treasurer's office.
& Townsend, of Little Rock.
Maricopa County School District
Legality
approved
by
Orrick,
(P. O. Phoenix), Ariz.
Dahlquist, Herrington & Sutcliffe,
CALIFORNIA
awarded
San
v. 185, p. 1564—were awarded as
3%s, at a price of 100.10, a basisof about 3.73%, to a group com¬
Bache & Co.;
District,
Clovis Union
at
Company,
Lynch, Pierce, Fenner &
Beane; Salomon Bros. & Hutzler;
the
County
Legality ap¬
April 30—v. 185, p. 2039—has been
postponed indefinitely.
10:30
1
Merrill
in¬
ing of $387,000 general obligation
originally
scheduled
for
1974
Other members of the syndicate:
system
Principal
payable
to
bonds
bids
1979 inclusive.
4.20s.
1980
Feb.
1958
Orange County, Calif.
Offering Postponed—The offer¬
inclusive,
official, c/o
Moulton Engineering Co., Mobile.
Sale—The
from
Ceniralia School
Feb. 1 from
on
above-mentioned
Bond
1
clusive.
29—v. 185, p. 1794—were awarded
to
ther information may be obtained
from
Sale
revenue
are
general obligations of the City.
Legality approved by White,
Bradley, Arant, All & Rose, of
Birmingham.
June
on
May
on
California Bank, Los Angeles;
R. H. Moulton & Company; C.
J. Devine & .Co.; Drexel & Co.;
a.m.
proved by O'Melveny & Myers, of
Los Angeles.
1986 in¬
Trust
office
in Santa Ana,
(CDST) on May ri
for the purchase of $200,000 build¬
ing bonds. Dated June 1,1957. Due
11
(J-D)
ARKANSAS
se¬
Callable beginning in
bonds
his
at
until
Treasurer's
1963.
The
to
B.
Wallace,
County Clerk, will receive sealed
office.
bids
52,000 general obligation refund¬
Offering—L.
Due
underwriting
group
in¬
cludes:
Blyth & Co., Inc.; The
Northern
Trust
Company;
The
First Boston Corporation; Phelps,
Fenn & Co.; Harriman Ripley &
Co. Incorporated; Smith, Barney
&
Co.;
Security-First
National
Bank,
Los
Angeles;
American
School District,
Park
1
The
Orange County, Calif.
(J-J) pay¬
Treasurer's
1963.
ing
Buena
May
on
1980 to 1982 inclusive.
from
Angeles, as 4V2S, at a price ol
100.52, a basis of about 4.43%.
purchase
3%s.
1,275,000
curity-First National Bank of Los
the
bonds. Dated April 1,1957. Due on
July 1 from 1958 to 1962 inclusive.
$25,000
build¬
10
follows:
of
$80,000
Due
1972 to 1979 inclusive..
from
ing bonds offered April 30—v. 185,
p. 1794—were awarded to the Se¬
Supervisors,
bids
Sale—The
3V2s.
3,400,000
:
1969
Due
to
Union
June
on
1977
June
-
15
-
15
inclusive.
High Sch. District,
Angeles
Sale
on
1968 inclusive.
County,
—
building
Calif.
$1,235,000
bonds
offered
The
Number 5635
Volume 185
.
.
.
185,
30—v.
to
awarded
Nuveen
&
p.
group
a
3.61%.
about
of
/.Bond Sale
c
J00
(State of)
Memorial Bridge
Bonds Called—Equitable Security
Delaware.
son,
1, 1956.
trustee, has drawn for redemption
1, 1957, a total of $2,232,-
June
on
interest
accrued
demption date.
principal
of 4%
amount
water
revenue
Jan.
dated
Joliet
Park District, III.
Offering—Jack P. Tabor,
Bond
to
be
paid off
on
or
will be
redeemed
7:30
000
curity Trust Company, Wilming¬
ton, Delaware and the Chemical
Corn Exchange Bank, New York
1957.
Due
1966
p.m.
inclusive.
FLORIDA
special
improvement
2 — v. 185,
p. 1934—were awarded to E. Ray
Allen & Co., at a price of 96.06,
a net interest cost of about 4.74%,
(J-D)
Chapman & Cutler,
High School District
(P. O. Mendota, III.
Bond Offering — Kenneth Car¬
roll, Secretary of Board of Educa¬
tion, will receive sealed bids un¬
til 8 p.m. (CDST) on May 7 for
purchase of $1,150,000 school
building
bonds.
Dated May
1,
1957. Due on Dec. 1 from 1958 to
1972 inclusive. Principal and in¬
the
$260,000 5s. Due
■'
1958 to
April 1 from
inclusive.
"
*
on
1972
50,000 43/4S. Due on April 1, 1973
*
1
and
.M
v
1974.
90,000 3Y4S. Due on April 1 from
;
1977 inclusive.'
1975 to
^
j
? by
— ine $l,250,r
000 water revenue certificates of-
iefed April 30—v. 185, p. 1934—
,
awarded
to
a
the purchaser and the Board
Legality approved
by Chapman & Cutler, of Chicago.
Note
com-! issue of
group
posed of Kidder, Peabody & Co.;
The
—
under
foregoing supple¬
report published in our
ments the
April 29—v. 185, p. 2040—
heading of "Mendota
the
Pressprich & Co.; Esta-^ High School District."
"
* '
..
Co.; Wm. E. Pollock Ac
Lake County Community Consoli¬
Co.; Rand & Co., and Dwinnell,
dated School District No. 34 (P. O.
Harkness & Hill, at a price of
Antioch), III.
97.01, a net interest cost of about
Bond Offering—Helen Kopriva*
4.22%, as follows:
Secretary of the Board of Educa¬
$100,000 5s. Due on Oct. 1 from tion, will receive sealed bids un¬
W.
R.
brook
&
«
-
1958
inclusive.
1967
to
til 8 p.m.
Due on Oct. 1 from
525,000 4.20s.
1968 to 1982 inclusive.
1 625,000 4s.
Due
on
Oct. 1 from
1983 to 1987 inclusive.
'
*
mon
i
3s, at
a
on
Portland
interest
and
receive
p.m.
(CDST)
school
building bonds offered April 24—
•v.
185, p. 1795—were awarded to
the Mercantile Trust Company, of
St. Louis, and G. H. Walker & Co.,
jointly, at a price of 100.02, a net
interest cost of about 3.56%, as
follows:'
Bond
for
10
the
—
$180,0C0 3s. Due
J-J.
Ross, McCord, Ice & Miller, of
dianapolis.
1
Dec.
on
215,000 3%s. Due
on
from
Dec. 1 from
1965 to 1976 inclusive.
;
on
May 10
of $250,000 non
7
until
District
'
No.
Sailor
Bond
166
(P. O.
issue
of
$43,000
school
building bonds was sold
Benjamin Lewis & Co., as 4%s.
March 1, 1957. Due on Jan.
to
Dated
1
from
1959
Interest
by
J-J.
to
inclusive.
1977
p.m."
purchase of $129,000 bonds, as
the
School
Legality
approved
1958 to Jan. 1,
sive.
(P.
Bond
sell,
&
III.
Secretary
of
the
Board
of
April 1,
Legality ap¬
dated
J-J.
Interest
Lincoln Park
School District No. 70 (P. O.
Rockford), III.
-
Bend
Offering
—
Secretary
Mrs. Mildred
of
Board
of
Education, will receive sealed bids
until 8 p.m.
(CDST) on May 6 for
the
purchase of $250,000 school
building
bonds.
Dated
May
1,
195,7.
Due
on
Principal
and
Offering—Roy Goodenow,
sealed
(CST)
receive
will
Clerk,
oral bids until 2 p.m.
000
company
Chicago.
from
& Coo-
Moines,
City, Burns, Corbett & Pickard, Inc., and Becker & Cownie,
Inc., as 3s, at a price of 100.39, a
basis of about 2.95 %.
County (P.
$200,000 public
hospital bonds offered April 25—
p.
1796—were awarded to
Spirit
First National Bank, of
as
2.85s, at a price of par.
Offering—Cliff
Clerk,
will
sealed
port
bonds.
of
to
1958
from
Principal and interest (A-O) pay¬
able at the Casey County Bank,
Legality approved
Grafton & Grafton,
Liberty.
Wyatt,
July
dated
are
callable
from
inversely
1,
be¬
ginning April 1, 1968. Interest
Legality approved by Foley,
Cox & Judell, of New Orleans.
Russellville, Ky.
—
George
until
2041—were
8
185, p.
Ashland, Mass.
Sale—The $200,000 water
2
May
offered
bonds
were
awarded to the Second Bank-State
purchase of
$90,000 school building revenue
bonds. Dated April 1, 1957. Due
on
Oct. 1 from 1958 to 1977 in¬
the
for
7
improvement
MASSACHUSETTS
about
May
Bids for the
rejected.
Street Trust
on
—
bonds offered April 30—v.
by
of
M.
Sold
public
$968,000
Bond
Offering
La.
West Monroe,
Louisville.
1962.
in inverse nu¬
beginning Oct. 1,
Principal and interest (A-O)
payable at the Southern Deposit
Bank, Russellville. Legality ap¬
& Fahey,
at
a
Co., Boston, as 3.20s,
price of
3.14%.
100.25,
a
basis of
15, 1957. Due on May
1958 to 1967 inclusive.
Dated May
from
15
Bond
City
p.m.
Dated
May
1,
will
bids until 5 p.m.
receive
sealed
(CST) on May 29
purchase of $1,200,000 pub¬
improvement
bonds. Dated
for the
lic
May 1, 1957. Due on May 1 from
1958 to 1967 inclusive.
Principal
interest
(M-N)
payable at a
by
of
be located in Baton
Legality
approved by
Chapman & Cutler, of Chicago.
which
Athold-Royalston Regional School
District (P. O. Athol), Mass.
Bond Offering—Joseph R. Line-
District Treasurer, will re¬
Merchants
National Bank of Boston, 28 State
ceive sealed bids at the
Baton Rouge, La.
Offering—Elwood Sertain,
Clerk,
St., Boston, until 11 a.m. (DST) on
May 14 for the purchase of $1,760,000 school bonds.
Dated May
Due on May 1 from 1958
inclusive. Principal and
payable at the abovementioned
bank.
Legality
ap¬
1, 1957.
to
Beauregard Parish, Merryville Hos¬
pital Service District (P. O.
Merryville), La.
Bond Offering—John E. Ruston,
receive sealed
(CST) on May
purchase of $150,000
1977
interest
proved
28
for
the
2
p.m.
1957. public hispital bonds. Due from
Storey,
Thorndike,
of Boston.
Boston, Mass.
Note
Offering—James E. Gildea,
City Collector-Treasurer, will re¬
ceive
sealed
bids
until
noon
(DST) on May 6 for the purchase
$5,000,000 notes. Dated May 9,
and due Nov. 12, 1956.
of
1957
Boston,
District Clerk, will
until
by
Palmer & Dodge,
must
Rouge.
bids
of Boston. Legal¬
approved
by Ropes, Gray,
Best, Coolidge & Rugg, of Boston.
ity
han,
LOUISIANA
Bowman,
receive
building bonds offered April 20—
purchase
bonds
Bonds Not
banking institution designated
the
successful
bidder,
one
O.
Spirit Lake), la.
Bond Sale—The
bids
to
and
1 from
1957. Due on Oct.
1977 inclusive.
Dated April 1,
1
and
Dickinson
school building bonds. Dated June
the
May
to
from
la.
6 for
for
on
1965
proved by Skaggs, Hays
$759,000
13
(CDST)
Due on Oct.
1977 inclusive.
5s.
356,000
sas
Bond
1960
No. {8
District
on
Trust Company,
p 1796—were awarded to a group
composed of the Northern Trust
Company, of Chicago, City Na¬
tional Bank & Trust Co., of Kan¬
Lake,
April 1
inclusive.
April 1
1987 inclusive.
Due
bonds.
The
District
on
1987
School
500,000
1957
to
order
(CST) on May
the purchase of $40,000 air¬
p.m.
$124,000 4%s. Due on Oct. 1
1958 to 1964 inclusive.
$1,000,000 sew¬
bonds offered April 29—v. 185,
185,
1960
Callable
Bogard Township School Township
(P. O. Odon), Ind.
Bond Sale—The $15,000 school
7:30
follows:
bonds.
3
merical
of Des Moines.
Des
v.
No.
from
revenue
School
Due
Kaplan
450,000
clusive.
City
until
bonds offered
May 1 were awarded to Chas. A.
Hinsch & Co., at a price of par,
a net interest cost of about 4.08%,
Spencer, Iowa
INDIANA
Education, will receive sealed bids
1960 to 1982 inclusive.
of Louisville.
the
inclusive.
1987
to
hospital
nister, Carpenter, Ahlers
in¬
1960
1957. Due on
1958 to 1976 inclu¬
obligation
general
bonds. Dated May 1,
er
follows:
as
from
1959.
Casey County (P. O. Liberty), Ky.
Bond Sale—The $480,000 school
as
(CST) on June 6
purchase of
$1,910,000
a.m.
60,000 Henry School District Nq.
2 bonds. Due on April 1 from
112,000 5V2s. Due on May 1 from
1960 to 1975 inclusive.
building
10
the
bonds,
$8,500 5V4S. Due on May 1, 1958
and
Districts
Principal and interest payable at
the
Second Bank - State Street
May 7 for the purchase of $50,-
on
until
for
Wheeler, City Clerk, will receive
sealed bids until 7:30 p.m. (CST)
IOWA
terest
trust
p.
lows:
Bond
Dec. 1 from 1959 to
inclusive.
$900,000 Abbeville School District
No. 2 bonds. Due on April I
185,
Woody
Walter,
Bond Sale—The
County,
Winnebago
& Heimerdinger,
at a price of 100.009, a net inter¬
est cost of about 5.49%, as fol¬
—
Ice &
by Ross, McCord,
Miller, of Indianapolis.
proved
Dorschel, of Chicago.
proved by Chapman & Cutler, of
Ellyn),
Offering—Mrytle H. Cas-
are
ney,
approved
Legality
Secretary of the Parish School
Board, will receive sealed bids
1
Parish
(P. O. Abbeville), La.
Offering — G. J. LeDet,
Bond
,
bonds
by
clusive.
County Sch. Dist. No. 41
Glen
.
1968 inclu¬
Legality approved by Ban¬
O.
Du Page
bonds.
semi-annually from July
Due
sive.
(J-D) "payable at a bank or
mutually agreed
upon
by the purchaser and the
Board of Education. Legality ap¬
Louis.
bonds.
Township
Township
Civil
64,500
and
School
offered
1935 — were
awarded to a group composed of
Pohl
&
Co.;
Magnus
&
Co.;
Charles
A.
Hinsch & Co.;
and
v.
bonds
revenue
May
sive.
1957.
bile, Jr., Secretary of the Parish
Police Jury, will receive sealed
bids
until
1:30
p.m.
(CST) on
June 4 for the purchase of $500,000
public improvement bonds.
Due serially from 1960 to 1977 in¬
Vermilion
1958 to Jan. 1, 1968 inclu¬
The
(P. O. Chalmette), La.
Offering—August A. No-
Bond
Boyd County (P. O. Catlettsburg),
Kentucky
Bond Sale—The $120,000 school
semi-annually from July
Due
1,
purchaser.
A-O.
$64,500
1,
Principal
1957.
15,
(J-D) payable at the
clusive.
KENTUCKY
follows:
1
1976
Charles & Trauernicht, of St.
John Ruff,
Nov.
Watson,
Springs), III.
Sale—An
—
dormitory
revenue
bonds.
Dated Nov. 1, 1956. Due
on
Nov. 1 from 1959 to 1996 in¬
tax-exempt
»•
Clay County Consol. Grade School
v
Offering
15
Bernard Parish
St.
.
will receive sealed bids
(CST) on May 6 for
Trustee,
23/4s.
as
District
1967 inclusive.
Treasurer, or at any bank speci¬
fied by the
•
Indiana
Bond
bonds
June
Dated
The
Housing and Home Finance
Agency has agreed to purchase
In¬
Townships (P. O. Plymouth),
West
1964 inclusive.
1959 to
t
1, 1966 inclusive. In¬
Legality approved by
1958 to Jan.
terest
Dallstream, Schiff, Hardin, Waite
'
May 14 for the
bonds.
Dated May 1, 1957.
Due semi-annually from July 1,
Town
Orren Norton,
(CDST)
a.m.
purchase
2
ing
Bond
Treasurer, will receive sealed bids
until
until
bids
purchase of $193,000 school build¬
(P. O.
College
Offering
on
Board,
School
the
sealed
asked
ap-
office of the Parish school Board
by Dean & Dean, of Topeka.
building
of
will
are
1958 to
and interest
Dated
Bids
1958 to
Legality
School
Rapides
from
(a) maturing from 1959
to 1971 inclusive; (b) from 1972
to 1986 inclusive; (c) from 1987
to 1996 inclusive; and (d) for the
entire
issue.
Legality approved
the
Wayne Township School
Secretary
Dormi¬
bonds.
1
9 bonds. Due on June
No.
fire
$405,000
p.
-
on
inclusive.
145,000
Oct.
Oct. 1 from 1959
bonds.
1996 inclusive.
bonds offered May
Battle Creek, Iowa
Naperville), III.
Ashland), III.
Sale—The $395,000
The
Men's
and
No.
15 from
proved by Chapman & Cutler,
of Chicago.
■
for bonds
Corporation (P. O. Portland), Ind.
Bond
Offering — George West,
May 14 for the
Principal
Central
North
1, 1956. Due
to
price of 101.23, a basis of
Cutler, of Chicago.
School District No. 212 (P. O.
Bond
—
(M-S) payable at an Illinois bank.
Legality approved by Chapman &
Morgan, Menard and SangaCountries Community Unit
Cass,
(CST)
purchase of $394,000 school build¬
ing bonds. Dated March 1, 1957.
Due on March 1 from 1959 to 1972
inclusive.
ILLINOIS
p.m.
2040—were awarded
to McMaster Hutchinson & Co., as
185,
r
-•
Sale
2—v.
Education.
of
.^Certificate aaie
were
(J-D) payable at a bank or
trust company to be agreed upon
Hollywood, Fla.
'.r
»
terest
revenue
about 2.85%.
No. 280
-
2
Students
tory
re¬
June
on
1977
College
Secretary of the Board of
will receive sealed bids
until 10 a.m. (CST) on May 24
for the purchase of $400,000 Mar¬
Indianapolis, Ind.
Bond
station building
Teachers
District
School
Due
Regents,
(J-J) payable at the Commercial
Bank, Crown Point. Legality ap¬
proved by Ross, McCord, Ice &
Miller, of Indianapolis,
1,
in¬
Township
May
follows:
as
Principal and
Salle, Bureau and Lee Counties
La
airport
offered
June
1 from 1958 to
Dec.
on
approved by
of Chicago.
Bond Saie—The $*UO,UOU
bonds
on
payable at the First
National Bank of Joliet. Legality
Daytona Beach, Fla.
obligation
Com¬
sealed
(CDST)
Dated
bonds.
park
terest
;
.
of
receive
Bond
(CST) on May 7 for the purchase
of
$65,000 school bonds. Dated
May 1, 1957. Due semi-annually
from July 1, 1958 to July 1, 1964
inclusive. Principal and interest
May 20 for the purchase of $160,-
at the offices of the
City.
Board
will
until
bids
after June 1, 1957,
Equitable Se¬
the
of
Secretary
.v,/.., missioners,
Bonds
until
bids
$650,000 Alexandria Consolidated
O. Topeka), Kansas
Offering—Hubert Brigh¬
ried
will
Trustee,
ceive /sealed
M-N.
Cutler, of Chicago.
1952 and due June
1,
1, 1978.
.
Interest
Legality approved by Chapman &
1, 1951 and due June
and
$117,000
principal
of 2%% revenue bonds,
1978
inclusive.
Township
lows:
ton,
(P. O. Cedar Lake), Ind.
Bond Offering—FrankN.Schaf-
ter,
from 1958
March 1
on
State
(P.
Township Civil Township
Hanover
Due
Kansas
Miller, of Indianapolis.
Due on May 1 from 1958
1965
to
June
amount
revenue
1, 1957.
bonds, dated June 1, 1948 and due
1, 1978; $184,000 principal
amount of 3%% revenue; bonds,
(CDST) on May
purchase of $200,000
bonds. Dated May
the
6. for
1957.
(CST) on May 20 for the
purchase of $795,000 bonds, as fol¬
to 1967 inclusive.
approved by Ross, McCord, Ice &
bids until 8 p.m.
June
dated
-
J. S. Slocum,
—
p.m.
1971 incl. Principal,and in¬
terest (J-J) payable at the Marion
National Bank, Marion. Legality
'ey, City Clerk, will receive sealed
re¬
" •
>
$1,931,000
r
bond call covers
The
the
to
&
E. Lu¬
City Manager, will receive
(CST) on
May 13 for the purchase of $348,000 general obligation street im¬
provement bonds. Dated June 1,
Jan. 1,
Bond Offering—Robert K. Bent-
v
bonds will be
and
M-S.
Bond Offering
sealed bids until 8 p.m.
Due semi¬
1,, 1958 to
1957.
July
May 1,
annually from
Harvey, III.
Bridge Revenue Bonds. ; The
redeemed at 105%
rial
Interest
-
Legality approved by Charles
Trauernicht, of St. Louis.
■
000 principal amount of The State
of Delaware The Delaware Memo¬
Dated
Rapides Parish School Districts
(P. O. Box 1230, Alexandria),
cas,
p.m.
of
Sept. 1 from 1959
on
inclusive.
1
of New Orleans.
Secretary of Parish School Board,
will receive sealed bids until 1:45
(CST) on May 15 for the purchase
$64,000 school building bonds.
revenue
Due
1996
to
until
Legality
Louisiana
Hays, Kan.
Offering—Harley
Bond
B.
Rowena
—
bids
sealed
ceive
im¬
bonds was
to Townsend, Dabney & Tyof Boston, as 4s. Dated Sept.
sold
Wilmington, as
Trust Company of
and
extension
Offering
inclusive.
1982
to
approved by Foley, Cox & Judell,
KANSAS
Heck, Township Trustee, will re¬
An issue of $612,-
—
sewerage
provement
$2,232,000
:
Bond
Effingham, III.
DELAWARE
,
Legality approved by
Bannister,Carpenter, Ahlers &
Cooney, of Des Moines.' v 'v
*
(J-D) payable at a banki¬ ville, as*3s, at a priee of 100.50,
"institution in Illinois to be a basis of about 2.88%.
designated by the successful bid¬
Center Twp. School Twp. (P. O.
der. Legality approved by Chap¬
324 Bennett Block, Marion),
man & Cutler, of Chicago.
Indiana
1959
May 1 from 1958 to 1965
on
inclusive.
ng,
shaw, and Hannaford & Talbot,
as
3%s, at a price of 101.42, : a
basis
v.
riterest
& Ren-^
Rodman
Co.;
Due
185, p. 1684—were awarded to
the Farmers State Bank of Plain-
', 1957. Due on Dec. 1 from 1958
.o
1976 v inclusive. Principal • and
1683—werf
composed ol
Haisey, Stuart & Co. Inc.; Firs,
National Bank, of Chicago; John
April
55
(2147)
The Commercial and Financial Chronicle
Bond
Mass.
Offering—James
E. Gil¬
dea, City Collector-Treasurer, will
receive
sealed
bids until noon
56
(2148)
(DST)
of
The
as
follows:
$450,000 Demolition of Abandoned
and
Dilapidated
Structures
and interest
payable at the above-
First
mentioned
May 21 for the purchase
on
$5,250,000 bonds,
bank.
Legality
Legality
ap¬
National
of
Bank
Boston.
1957.
Storey,
L958.
approved7 by
proved by Storey, Thorndike, Pal¬ Thorndike, Palmer
mer &
Dodge, of Boston.
*
~
' Boston.
' '
V'.'"
&
Dodge,
bonds.
May
■'
1959.
v
.
Due
1,
1958 and
—
Note
•
500,000 departmental
bonds.
Due
equipment
May 1 from
on
^ 1958 to 1962 inclusive.
»
1,000,000
tion
public
from
1958
Dueyon
to
1967
May
inclusive.
V
V
inclusive.
J
j
•
Treasurer,
sealed
bids
Hough,
will
the
at
C.
Second
Bank-
purchase
for
the
1,^1957.
1958
to
Due
1985
-
of
Dated
inclusive;
Principal
payable at the aboye?
and interest
77 Bond
mentioned bank.
on
:
'
.
offered
"
"
.
500,000 sewerage bonds. Due on
May 1 from 1958 to 1977 in¬
clusive.#
.209,000
-
1
br i dg*e
1958
The
able
to
bonds
The notes
construction
May
on
1977
1
from
inclusive.
dated
are
May
Principal and interest
at
the
May
1 were awarded
National Shawmut Bank
the
1,
pay¬
City Collector-Treas¬
urer's office.
Bond
until
(DST)
noon
follows:
as
Boston, 45 Milk St., Bos¬
ton, until 2 p.m. (DST) on May 13
for the purchase of
$560,000 school
bonds.
June
1
from
1958 to
Principal and interest
the above-mentioned
Legality approved by
bank.
at
Storey,
Thorndike,
Dodge, of Boston.
Palmer
&
LOT
Offering
1 from
P.*
1958 to
DeWolfe, Temporary Town Treas¬
ment
bonds.
from
1958
until
for
as
noon
(EDST)
the
purchase
follows:
$500,000
school
June
1
May
on
of
1958 to
1977 in-
on
June
Dated
1
from 1958 to
June
1, 1957. Principal
payable at the Sec¬
Bank-State
Street
Trust
Company, of Boston. ' Legality, ap¬
proved
by
Storey,
Thorndike,
Palmer & Dodge, of Boston.
Chelsea, Mass.
Note
Sale—The
$500,000
notes
offered April 26 were awarded
to
National Shawmut Bank of
the
Boston, at 2.42% discount. Dated
29, 1957 and due Nov. 27,
1957..
\
<
Bond
bonds
.
Douglas, Mass.
Sale—The $250,000 school
offered
May
2
were
awarded to Hornblower &
as
3.70s,
basis
of
at
a
price
about
of
100.20,
-
from
bonds.
1958
to
Due
1
1958 to
1977 in¬
on
and
1, 1957. Principal
interest payable at the Mer¬
National Bank, of Boston.
Legality approved by Ropes, Gray,
Best, Coolidge & Rugg, of Boston.
Framingham,
Sale—The $790,000 school
bonds offered April 30
sewer
—v.
185, p. 2041—were awarded
group composed of Harriman
a
Ripley & Co., Inc.; Kidder, Peabody & Co.; and Johnn J.
&
a
Ryan
Co.,
as
4.45s, at
price of 100.16,
basis of about
4.42%.
Bond
Gloucester, Mass.
Offering—Robt. R. Bentreceive
sealed bids at the National
Shaw¬
mut Bank, Trust
Dept., 40 Water
St., Boston, until noon (DST) on
May 8 for the purchase of $40,000
off-street
parking
May 1, 1957.
1958
to
1965
Due
bonds.
on
Dated
May 1 from
inclusive.
Principal
District
1972
&
185,
"'
I960 to 1967 inclusive.",
1
(P.
O.
7.
of
'
$87,000
Water
and
on
30
7
;v:,.
.
Due
1,
District
due
Aug. 1
inclusive.
22,000
Street
and
on
26
Districts
bonds:
Aug.
&
Due
1963
to
on
inclusive.
200,000 3V2s.
and
Due
July 1 from
1966
to
77
Due
1968
:
;,
„
inclusive.
as
Bond
29
street
1961
to
Nos.
Newton, Mass.
Note Sale—The
Detroit, Mich.
Trust
May
2
awarded
were
Newton-Walthaipi
Co.,
The
at
notes
1.979%
mature
to
Bank
&
discount.
Oct.
on
30,
bonds offered April 30—
185, p.fe 2041-^were awarded to
a
Aug.
7'*Jackson, Mis«. 7
&
Trust
Co.,
Chicago,
and
National Bank & Trust Co., Kan¬
City, at a price of 100.01, a
net interest cost of about
3.47%,
follows:
1957.
$1,500,000
Offering—Edward E.
sealed
bids
at
Bank
of
Os-
the
National
Boston,
700,000 3V4s. Due
and
re¬
MINNESOTA
St., Boston, until 11 a.m.
on May 9 for the purchase
$200,000 bonds, as follows:
June
1
from
1958
to
1977
inclusive.
100,000
school
bonds.
June 1 from
Due
on
1977
1958 to
June
Principal and interest
pay¬
Legality
approved
by
Ropes,
Gray, Best, Coolidge & Rugg, of
Boston.
S^s.
Springfield, Mass.
—
sealed
(EDST)
chase
of
on
Francis
bids
until
May 15 for
$710,000
E.
Bond
tice of intention to sell
and
Montcalm
Bond
11
the
bonds,
pur¬
Webber, Jackson
price of 100.007,
1958
May 1 from 1958 to
on
1963
to
1967
Due
in¬
Bond
Dist.
May
Anoka), Minn.
Raymond K.
Clerk, will re¬
until
8
1
from
Bonds
are
1960
due
to
in
1, 1957.
Principal
(M-N) payable at the
callable
1983
.
June
1
1958 to
from
1965
3^s, due
-on,June 1 from 1966 to 1969
inclusive; $570,000 3^s, due
.
$160,000
June 1 from 1970 to 1981
inclusive; and $50,000 3s, due
on June 1, 1982. \
/
* ;
1,000,000 public improvement
.bonds:.. $220,000 6s, 7due on
.op
-
:
in¬
and
;
of June
as
group
—
inclusive;
June
-
1 from
1958- to 1965 ih-»
■elusive; $160,000 31/4s, due on
June 1 from 1966 to
1969 in¬
clusive; $570,000 3%s,- due
June
1 from
1970 to
clusive; and
"June 1, 1982.
$50,000
;/Barnesville, Minn.
Certificate
electric
fered
Sale
The
—
on
1981
in¬
3s,
due
Mississippi (State of)
$85,000
certificates
revenue
Bond
of¬
pany,
1960
70,000
Secretary
Commission, will
bids until 10
$15,000 3.80s. Due
to
Feb.
on
1
4s.
Due
Feb.
on
1
as
interest
follows:
May
on
from
for
from
on
May 1 from
May 1, 1972.
Heights, Mich.
Offering—Myrtle
Cham¬
bonds
bear
Sold
30—v.
185,
(CST)
of
1958
Principal
to
1973
in¬
interest
and
trust company
the
to be nominated by
purchaser, subject to approval
by the State Bond Commission.
Legality approved by Charles &
Trauernicht, of St. Louis.
Pickens, Miss.
rejected.
Bond
Hennepin County Indep. Sch. Dist.
No. 24 (P. O.
Robbinsdale), Minn.
Bond Offering
F. C. Bayard,
the
to
Sale—An issue of $34,000
and
water
bonds
sewer
was
sold
First. National
Lexington,
as
33/4s.
Bank, of
Dated March
—
1, 1957.
District Clerk, will receive sealed
bids
13
until
for
as
on
Feb.
inclusive.
and
Dated
1
from
Bonds
thereafter
May
Due
on
March 1 from 1958
inclusive.
Legality
M-S.
Interest
Charles
Trauernicht, of St. Louis. '
approved
by
&
1,
1960
due
1974
to
(CST) on May
purchase of .$850,000
p.m.
bonds.
Due
1984
1978
5
the
building
1957.
special assessment street im¬
bonds. Dated May 1,
from
1
1797—were
p.
a.m.
urer's
$1,120,000 building bonds offered
April
State Bond
receive sealed
(J-D) payable at the State Treas¬
office, and at a bank or
1, 1957
Bids for the
—
Ex-
of
purchase
clusive.
in¬
Clay County Independent School
District No.
122 (P.
O. Moorhead ), Minn.
Bonds Not
the
June
on
additional
terest of 1.20% from
Aug.
to Aug. 1, 1959.
to
Clerk, will receive
bids until 7:30 p.m.
(EST)
May 8 for the purchase of $14,-
provement
1973 inclusive.
May 1 from
inclusive.
on
The
*•
Patter¬
and
on May 29
$10,000,000
general obligation school, series A
bonds. Dated June
1, 1957. Due
from
1966 inclusive.
1967 to
T.
General
Officio
follows:
as
Offering—Joe
Attorney
son,
April 25—v. 185, p. 1936—
awarded to Kalman & Com¬
were
berlain, City
000
.;on
,
p.m.
1968
a
$1,000,06a water works improve'•.^mentjbonds:' $220,000 6s, due
'
—
bids
to
Bank, the latter three all of Jack¬
follows:
.
\
son, as
1, 1967.
Principal and interest
(J-D) payable at a banking in¬
stitution named by the successful
bidder. Legality approved by Dorsey, Owen, Barker, Scott & Bar¬
ber, of Minneapolis.
sealed
on
Dated
net
a
inclusive.
Due
1971
Due
Madison
on
1987
1966
to
&
1
inclusive.
Due
to
Paine,
Curtis, at a
on
1962
19,000 S^s.
May
clusive.
and interest
sealed
thereafter
Counties Sch.
3.49%,
Due
12,000 33/4s.
fol¬
from 1958 to 1967 inclusive.
bonds.
O.
District
June
on
issue of
bonds offered April 18—v.
185, p.
1685—were
awarded
to
a.m.
as
$310,000 street bonds. Due
sewer
an
(P. O. Palo), Mich.
Sale—The $50,000 school
4,000 23As.
400,000
1
$150,000 building bonds on April
30—v. 185, p. 2041—was recinded.
J.
lows:
1
May
on
Michigan
Offering Cancelled—No¬
$15,000 4s.
Callaghan, City Treasurer, will
receive
Due
Township, Elberta School
District No. 4 (P. O.
Elberta),
cost of about
Offering
May 1, 1966
on
Gilmore
1,
able at the above-mentioned bank.
Bond
1
Dist. No. 8
dated
are
May
on
from 1968 to 1982 inclusive.
Ionia
bonds
ceive
(P.
Offering
May
awarded
LelandU Speed Co.,
Hamp Jones Co., John R. Nunnery
& Co., Cady & Co., Allen and Co.,
Rod, ;Russ & Co., Deposit Guar¬
anty Bank & Trust Co., First Na¬
tional Bank, and Jackson-Hinds
in¬
clusive.
The
Bond
v
*
$2,000,000
1—v. 185, p.
composed- of
;
Anoka-Hennepitt Indep. Sch.
"
-
The
—
1967.
2,800,000
40
Water
of
Due
from 1958 to 1965 inclusive.
Plainville, Mass.
Shawmut
3V2s.
offered
bonds
bids until 8 p.m. (EST) on
May 7 for the purchase of $130,tax anticipation notes.
Dated
May 1, 1957. Due Oct. 1, 1957.
City1 clusive.
sas
Sale
Bond
Bank, both of Chicago,; (CST) on May 13 for the purchase
Guaranty Trust Co., New York of $1,000,000 school building
City, J. P. Morgan & Co., Inc., bonds. Dated June 1, 1957. Due
as
Trauer¬
7
1960
$16,000 33,4s,
from 1961 to
000
sewer
Continental Illinois National Bank1
$1,000,000 notes
&
nicht, of St. Louis.:
due
Savings
offered
Charles
by
approved
25
to
sold
was
1936—were
Co.,
discount.
improvement
refunding
Cady & Co.,
Inc., as 4s; Dated April 1, 1957.
Due on April 1 from 1958 to 1967
inclusive. Interest A-O. Legality
bonds
Wayne, Mich.
Note Offering — Clarence H.
Ladd, Village Clerk, will receive
Nelson,
2.12%
Iuka, Miss. 7
*
Sale—An issue of $31,000
.
sealed
125,000 3*4s. Due on July 1,1969.
150,000 3s. Due on July 1, 1970.
v.
and
1
inclusive.
1966
July 1 from
on
on
.
July 1, 1964
on
1965.
375,000 33/4S.
due
hattan Bank, New York City, First
National Bank, Harris Trust &
at
/
MISSISSIPPI
"
inclusive;
follows:
as
'Bond Sale—The $5,000,000 pub¬
jointly,
Scott
Barber, of Minneapolis.
net
a
$6,000 5s,
suc¬
by Dorsey,. Owen, Barker,
Co.,
from 1958 to
1
designated °by the
bidder. Legality approved
Co.,
Nos.
from
1982
in 1976 and
callable.as of Jan.
are
Principal and interest
a suitable banking in¬
1966.
cessful
bonds:
on
1966
sealed
May 20
>
from; 1960 to
1
Bonds due
stitution
;v>
•
Solyntjes;
receive
'
payable at
$32,000 5s, due
Aug. 1 from 1957 to 1960
and $55,000 33is,
the National Shawmut Bank, and
the Boston Safe Deposit & Trust
Boston,
Jan.
on
awarded
■
#
pital bonds. Dated April 1, 1957,
inclusive.
thereafter
3.91%,
7
.7^
for the purchase of $200,000 hos-r
7.
inclusive;
;tNo. 220
of
Clerk,7 will
bids until 2 p.m. (CST). on
.
inclusive.
about
to 1984 inclusive,
Springfield, Minn.*,'
Bond Offering—P. H..
City
Oct. 1 from
price of 100.04,
a
cost
follows:
1936—were awarded to
p.
7 -V
.
*
MacArthur &
McDonald-Moore
&
interest
on.
;
from
r
7
,/
Jan. 1 from
1968 to 1972 inclusive.;
145,000 41/2s. Due On. Jan. 1 from
40,000 4.40s: Due
Oct..l from
1936—were
p.
Juran .&
of
$45,000 AVz£, Due oif Jan. I from
and
Kenower,
and
group composed of the Northern
Trust Co., Chicago, Chase Man¬
both
185,. p.-1797—were awarded to
April 25
to
.
Kalman & Co.;
J. Prescott
Co.; Allison-Wil¬
liams Co., Inc.; J7 Ml Dam & Co.;
and Piper, Jaffray & Hopwood,
at a price of par,; a net interest
cost of about74.48%, as follows;
Birmingham), Mich.
—v.
No.
group-- composed
Inc.,
inclusive.
on
District
.
1973
on
County Indep.
School
.
Corp.,
Co.,
Oct.
Woods
Moody,' Inc.*;
Bond Sale—The
$109,000 special
assessment bonds offered
Sale —The
about 3.55%,
lic
$800,000 tempo¬
loan notes offered April 25—
185, p. 1935—were awarded to
v.
a
ley, City Treasurer, will
Bank
Road, Flint),
Michigan
•
-
$550,000 4s.
Chicago. Legality
the Attorney-Gen¬
rary
1957.
Mass.
and
to
185,
of
of
New Bedford, Mass.
>
to
the
v.
Southfield Township (P. O.
&
Co.; Shannon & Co.,
Stranahan, Harris & Co., at a
price of par, a net interest cost
7/
on
June
chants
Bond
Bank
1969
of
Scott
-
a
'
1962 to 1968 inclusive.
Arthur
of
by
School
1958
1,
to .1961
105,000 3%s. Due
and
$100,000 school project bonds. Due
clusive.
Dated
June
National
&
155,000 33/4s. Due
a
group
composed
of
Barcus,
Kindred & Co.; Kenower, Mac-
(DST)
bonds.
from
1
Note Sale—The
ceive
1
Bank
Bond
school
June
June
terholm, Town Treasurer, will
project
June
on
First
a
1977 inclusive.
100,000
at
approved
3.66%.
school
Due
District
Weeks,
The sale consisted of:
$150,000
1
inclusive.
dated
are
eral.':;.,'
the
-
June
on
Michigan
Barker,
(P. O. Baudette), Minn.
Bond Sale—The $230,000 school
building bonds offered-April 29—
$453,000 gen¬
sewage
disposal
Bosworth
1957
^
$1,400,000
building bonds offered April 25—
v.
Boston; Bankers Trust Co., New
York City, or at the First Na¬
April
,
1987
Due
awarded
Bay
Coldwater
B^nd
Principal and interest pay¬
tional
interest
ond
to
bonds
1957.
77- able
1977 inclusive.
and
The
on
500,000 school, Act of 1948, bonds.
Due
June
Develop¬
Metropolitan
Water bonds.
1020
from 1958 to 2007 inclusive.
Due
elusive.
:.
5,000,000
$1,000,000
bonds.
from
8
District
on
on
Braun,
jointly, at
June
on
Water
Use
Due
National
and
interest.
1987 inclusive.
District-Water
2040—were
p.
Peoples
Co.,
Beecher
Metropolitan
urer, will receive sealed bids c/o
The Union National
Bank, Lowell,
the
City Bank,
both of Bay City, jointly, at 2.50%
from
from 1958 to 1987 inclusive.
3,084,000
185,
Trust
District
1,500,000
Metropolitan
Sewerage bonds. Due
of
—
B
Sewerage bonds. Due
1
Charlotte
—
1
Metropolitan
$3,500,000
Chelmsford, Mass.
Bond
June
First
Owen,
Ill
on Oct. 1 from
1973 to 1976 inclusive. 7
Bay City, Mich.
Note Sale
The $80,000 tax
anticipation notes offered April 29
to
1977 inclusive.
1977
inclusive.
payable
bids
A
on
com¬
-
Consolidated
/
'
Dorsey,
Barber, of Minneapolis.
Lake
113,000 33/4s. Due
—v.
Due
1958 to
Bond
MICHIGAN
Receiver-
$6,000,000 highway improvement
project bonds. Dated June 1, 1957.
group
price of 100.12, a basis of about
2.87%.
$19,084,000 bonds,
LOT
a
&
>
St. Clair, Mich.
Sale —The
eral-obligation
a
May 14 for
on
to
by
ap¬
system bonds offered April 29—v.
185, p. 1936—were awarded to the
Philadelphia National Bank, Phil¬
adelphia; Hornblower & Weeks,
and Ira Haupt & Co., as 2.90s, at
*
Bank of
on
and
Due April 1, 1958.
Co.; First National Bank, jointly, as follows:
Boston;
Blair
&
Co., Inc.; $80,000 4s. Due on
of
Massachusetts (Commonwealth of)
Bond
Offering—John F. Ken¬
Treasurer
awarded
and
Michigan
Offering,—WilmerE. Stone,
Secretary of the Board of Edu¬
cation, will receive sealed bids un¬
til 8 p.m. (EST) on
May 10 for
the purchase of $21,000 tax antici¬
pation notes. Dated April 1, 1957.
pur¬
Phelps,
Nov. 15,
on
various
posed of Halsey, Stuart & Co. Inc.;
Fenn & Co.; Goldman,
of
Payable in Boston or New
York City. Legality approved
by
Storey, Thorndike, P al me r &
Dodge, of Boston.
the purchase of
The
—
1957
Sachs &
General, will receive sealed
Offering—Alphonse Dugas, Town Treasurer, will receive
sealed bids at the First National
to
1997.
nedy,
Charlton, Mass.
Due
due
are
Sale
1,
Legality
Note
•
bonds totaling $2,855,600 of¬
April 29—v. 185, p. 2041—
were*
Boston, at 2.02% discount.
-
bonds. Due
1957.
poses
fered
May 1 from 1958 to 1977
inclusive.
.
dated
are
..
.
Due ■■•'S/,.7 7;7;.7:7 Lynn, Mass. 7;r7.'7,;7
Note Sale — The $800,000 notes
land acquisition bonds.
notes
Nov.
on
Reading Community Sch. District,
Worcester, Mass.
800,000 building construction and
,
The
Atlas National
-
Boston, at 1.97% discount.
April 25,
1957. Due on Nov. 19, 1957. Le¬
gality approved by Storey, Thorn¬
dike, Palmer & Dodge, of Boston.
June 1 from
on
the Rockland
Bank of
(DST)
notes.
sewerage
June
to
Co., Ill Frank¬
noon
9
—
receive
lin St., Boston, until
on
school construction and
land acquisition bonds.
Due
on May 1 from 1958 to -1977
«
Town
Taunton, Mass.
;
Note Sale
The $500,000 notes
offered April 23 were awarded
Due
Interest M-N.
proved by Miller, Canfield, Pad¬
dock & Stone, of Detroit.
,
May
$140,000
1
800,000
~
Offering—Karl
State Street Trust
construc¬
ways
bonds.
Hingham, Mass.
of
7:'';
.
'
-
Commercial and Financial Chronicle.-.. Monday, May 6, 1957
Union County (P. O. New
in
callable
of Feb. 1, 1968. Interest
payable
Albany),
Mississippi
Bond Offering—H. O. Grisham,
■
are
! Chancery
semi-annually. Legality approved;
sealed bids
-
'
-
>-r
,
Clerk,
■
will
until, 10
* • - v-
/
a.m.
■
-
receive
(CST)
'
:
on
Number 5635
Volume 185
T
(00
"
* t
J
T> .-.lU'i
»
rf
and Office Building
,Due from 1958 to 1977 in-
Library
>onds.
lusive.'.
;>*
*
•
Hamptonburgh, Chester, 30—v. 185, p. 2043—were awarded
Walkifl, and Wawayanda Central to) a group composed of Kuhn,
Sch. Dist. No. 1 (P. O. Goshen),^ Loeb & Co.; George B. Gibbons &
New York
Co., Inc., Chas. E. Weigold & Co.,
Bond Sale—The $880,000 school and
Bacon, Stevenson & Co., as
building bonds offered May 2— 3.80s, at a price of 100.37, a basis
Goshen,
of $50,- sive. Principal and interest 1(M-N)
^rt-trrtV\lrt
+Ua
AT rtft
TJ
lr
day 7 for the purchase
»Art
•
AA rt
n v\
payable at the City National Bank
Trust
3c
Co., Salem. Legality ap¬
proved by Hawkins, Delafield &
Wood, of New York City.
'
MONTANA V ;
Paterson, N. J.
7ergus County Sch. District No. 1
Bond
/
(P. O. Le wistown), Mont.
bond Offering—ou.ma x. apoja,
^lerk
Board
the
of
of Trustees,
sealed bids until 7:30
).m.
(MST) v on May ,20 for* the
purchase j of
$90,000
building
>onds.. Dated TJune 15, 1957.:.;
:
vill receive
.
Offering
bonds.
District
CP. O. Sittings), Mont.
Taff ray &
Hop wood, as 4y2s.
Dated
June
;
will
_
,
•
f
.
off!li^^^lfrtirtcrt
;-r'
,
tv
bonds
Sale—The $115,000 water
offered
April 24
—
v.
+
District
bids
Offering Louis Pistolese,
Clerk, will receive sealed
185,
on
■jr.*, 1987
"■
June
bonds.
sewer
1
1958
from
inclusive.
1,600,000
Due
sanitary
from
bonds.
sewer
June
on
to
;
1
1959
to
June
1,
1996 inclusive.
The
bonds
dated
are
T957. Principal and interest (J-D)
£ayak.le a* the Guaranty Trust
'
York City. Legality ap; Proved by Mitchell,' Pershing,
shetterly & Mitchell, of New York
nuv
2 p.m. (DST) on May
the purchase of $1,852,530
building bonds. > Dated March
1937 —were awarded to the
National
Commercial
Bank
&
Due
.
until
14 for
1957.
Due
1986
on
Hertford County (P. O. Winton),
North Carolina
1,
June 1 from 1958 to
.
Bond
v
Offering—W.
E.
Easter-
inclusive. Principal and
in¬ ling, Secretary of Local Govern¬
terest-(J-D) payable at the Ma¬ ment * Commission, will, receive
Trust
Company, of Albany, as rine Midland Trust Co^ New York .sealed bids at his office in Ra¬
3M>s, at a price of 100.12, a basis City. Legality approved by Van¬ leigh until 11 a.m. (EST) on May
of about 3.48%.
dewater, Sykes, Heckler & Gal¬ 7 for the purchase of $500,000
loway, of New York City. .;
school, building bonds* Dated May
.:Hamburg, N. Y.
lv
1, 1957. Due on May 1 from 1958
Bond Offering — Fay F. Ue- Ridgeway, Shelby, Barre, Albion,
to
1982 inclusive.'Principal and
Hartland and Alabama Central
blacker, Village Clerk, will re¬
interest (M-N) payable in New
Sch. District No. 1 (P. O.
ceive
sealed
bids until
4
p.m.
York City. Legality approved by
> 's.v:
(EDST) on May 9 for the pur¬ /X.J'V*;'Medina), N. Y.
Reed,; Hoyt, Taylor & Washburn,
Bond Sale—The $995,000 school
chase of $300,000 • water system
of New York City.
■,)
bonds. Dated June 1, 1957. Due on bonds offered May 2—v. 185, p.
Lenoir County (P. O. Kinston),
Dec. ;! from 1957 to 1976 inclu¬ 2043—were awarded to a group
sive. Principal and interest (J-D)
composed of Marine Trust Co. of
North Carolina
"
p.
in
Stated
bonds
*
„
(Village), Greenwich
(Towns) (P. O.
Greenwich), N. Y. 1
'
•
1957.
1,
the
combination
•
'
and Easton
'314,000 improvement bonds.
1936-^-were
J
-
Bond
32,000 library bonds.
19,000 sewer bonds.
bonds offered May 1—v. 185,
awarded to: Piper,
ng
'
Greenwich
/
2,241,000 sewer bonds.
Bond Sale—The $i*u,oo0 ouild-
.
sanitary
650,000
p.
'
,''
■
general improvement
$209,000
Yellowstone County School
).
2042—were awarded to of about 3.76%.
t
■'
Stuart & Co., Inc., and
Owego, Tioga, Nichols, Candor, and
George B. Gibbons & Co., jointly,
Newark Valley Central Sch. Dist.
as 3^s, at a price of 100.65, a basis
No 1 (P O Oweeo) NY
of about 3.43%. '
;
Bristow, Clerk of Board of Fi¬
nance,. will
receive sealed bids
until 11 a.m. (EDST) on May 9
for
the
purchase of
$2,815,000
bonds, as follows: !
•
v
No. 26
185,
Halsey,
v.
L.
Howard
—
57
(2149)
The Commercial and Financial Chronicle
...
ma¬
,
ture
L.
HAMPSHIRE
NEW
;
*'•
.Concord, N. Ht
Sale
rj*'i
■■■■
offered
tional
,
,*
*
Nashua, N. H.
r> \
Note Offering—reward R. Be"
at
interest
First Na¬
and
the
and Trust
Bank
Company,
the Bankers
Trust
Company, of New York
City. Legality approved by Haw¬
kins, Delafield & Wood, of New
York City.
V.,
of
the National
Shawmut Bank of Boston, at 2%
liscount.
Principal
payable
(J-D)
:
—
awarded t: to
vere
June 1 from 1958 to 1992
inclusive.
me$iau,000 notes
April 29—v. 185, p. 2042—
Note
on
Paterson,
or
at
(
,
aoit, City Treasurer, will
sealed bids until 11 ..a.m.
,
Washington Twp. School District
(P. O. Greenloch), N. J.
receive
payable
(DST)
Bond Sale—The $3<8,UU0 school
the purchase of bonds offered April 29 — v. 185,
$350,000 notes.! Dated May 8, 1957. p. 1936—were awarded to a group
Due on Dec. 3,1957.
*
composed of B. J. Van Ingen &
Co., Inc.; Boland, Saffin & Co.;
Pembroke, N. H.
8
May
:>n
,
for
.
Bond Sale -4 The $70,000
J.
water
aonds offered April
1936—were awarded
to-Townsend,
of
100.17,
West Orange
Bond
185,
JERSEY
T. Bond
1798—were awarded to a
composed of Chase Manhat¬
Co., Inc., Bramhall, Falion & Co.,
Small & Co., Van Deventer
Bros., Inc., and Lebenthal & Co.,
taking $2,735,000 bonds as 3.65s,
at a price of 100.259, a basis of
John
basis of about 3.77%.
about 3.62%.
NEW YORK
Alexander, iBatavia,
and
.„;<5C€tftt-jral,,§chi Distt,,N.OA 2
May 8 for
on
Bethany,
Attica, Bennington
Middlebuty (Towns)
Darien,
Board of
Education, will receive sealed bids
(EDST)
Midland
Trust
Company, of New York
City, Legality approved by Haw¬
kins,
York
Delafield
City.
& Wood,
Western New York, Buffalo; Blair
& Co., Inc., Manufacturers & Trad¬
of New
as
—
.
W. E. Easter-
ling, Secretary of the Local Gov¬
Co., Buffalo; Roosevelt ernment Commission, will receive
sealed bids at his office in Ra¬
Cross, and R. D. White & Co
3.60s, at a price of 100.59, a leigh, until 11 a.m. (EST) on May
Trust
ers
&
-
Bond Offering
basis of about 3.55%,
14 for the purchase of $1,662,000
school building bonds. Dated June
Chautauqua, Mina, Rip¬
1, 1957. Due On June 1 from 1959
Bond Offering — Eugene A. ley, Westfield, Clymer, North HarPrincipal and
many
and French deek Central
D'lmperio, District Clerk, will re¬
School District No. 1 (P. O. Sher. I
ceive
sealed
bids until
2
r
^ M Htv £
p.m.
man), N Y
(Guaranty Trust Co., New York
(EDST) on May 9 for the pur¬
City. Legality approved by Reed,
Bond Offering—Andy D. Meedchase of $2,650,000 school build¬
Hoyt, Taylor & Washburn, of New
ing bonds. Dated Nov. 1, 1956. er, President of the Board of Edu¬ York City.
Due on May 1 from 1958 to 1986 cation, will receive sealed bids un¬
North Wilkesboro, N. C.
inclusive. Principal and interest til 2 p.m. (DST) on May 14 for the
Bond Sale
of
The $359,000 sani¬
$650,000
building
;M-N) payable at the Rye Na¬ purchase
Dated May 1, 1957.
tional Bank, in Harrison. Legality bonds.
Due tary sewer bonds offered April 30
on Nov. 1 from 1957 to 1976 inclu¬
•v.
185, p. 2043—were awarded
approved by Vandewater, Sykes,
to the Wachovia Bank & Trust
Heckler & Galloway, of New York sive. Principal and interest (M-N)
payable at the Bank of James- Co., Winston-Salem, at a price of
City.
town, of Jamestown. Legality ap- par, a net interest cost of about
Hempstead, Lido and Point Look' proved by Reed, Hoyt, Taylor &
3.72%, as follows:
out
Fire District (P. O. Point
Washburn, of New York City.
$59,000 6s. Due on June 1 from
Lookout), N. Y.
1960 to 1963 inclusive.
Windsor (P. O. Windsor), N. Y.
Bond Sale
The $90,000 fire
210,000 3!/2s. Due on June 1 from
Bond
Offering—E. C. English,
bonds offered May 1—v. 185, p.
1964 to 1977 inclusive.
2042—were awarded to Roosevelt Town Clerk, will recejve sealed, (
90,000 3%s. Due on June ! from
& Cross, as 4.20s, at a price of bids until 3 p.m. (DST) on May 8
1978 to 1983 inclusive. >
for the purchase of $47,500 high¬
100.11," a basis of about 4.17%.
'-Wc
• iA
■'
way garage bonds.) Dated May 1,
V-'
Raleigh, N. C.
;
New York City Housing'Authority, 1957. Due on
May 1 from 1958 to
Bond Offering—W.
E. EasterNew York
1967 inclusive. Principal and in¬
ling, Secretary of Local Govern¬
Note Sale—The $22,000,000 Issue terest
(M-N) payable at the Ma¬ ment Commission, will receive
X notes offered April 30—v. 185,
rine Midland Trust Co. of South¬
Harrison
Union
No. 6 (P. O.
Free
Sch.
Dist.
Harrison), N. Y.
Sherman,
r9™ inclusive.
,
—
—
Township School
Nussbaum, Secretary of
until 8 p.m.
$2,742,000
Bank, Chicago, B. J. Van Ingen &
( P. O. Box 1, Hanover),
New Jersey
Offering — Rudolph W.
District
The
Bank, National State Bank of
Newark, Harris Trust & Savings
Co., as 3.80s, at a price
Hanover
—
tan
posed of Boland, Saffin & Co.; B.
J..Van Ingen & Co., Inc., and J. B.
East
School District, N. J.
Sale
p.
group
of 100.12, a
and John
Co.;
as
school bonds offered April 30—v.
Cresskill, N. J. > V
Bond Saie—,000 sewer
assessment and general bonds of¬
fered May 1 —v. 185, p. 2042 —
were" a warded; to
a >group com¬
Hanauer &
a
&
4.45s, at a price
basis of about 4.42%.
Co.,
Marine
the
.
Dabney & Tyson, as :3.30s, at a
price of 100.26, a basis or aoouc
3.26%.-/
-•
' : "
H
NEW
Hanauer
B.
J. Ryan &
25-—v. 185, p.
at
,
t>.
(P. O. Alexander), N. Y.
purchase of $195,000 building
bonds. Dated Sept. 1, 1956. Due on
March 1 from 1958 to 1976 inclu¬
the
Bond
Offering
—
L.
Frances
,
•..•
Parise, District Clerk, will receive
sealed bids until 3 p.m. (EDST)
sealed
p.
2043—were awarded to a group
New
ern
York,
of
Binghamton.
bids
until
11
a.m.
(EST)
May 7 for the purchase of
interest (M-S) on
May 15 for the purchase of composed of the Chemical Corn Legality approved by Hawkins, $350,000 street improvement
payable
at the
First National $1,106,200 school building bonds. Exchange Bank, New York City; Delafield &
Wood, of New York bonds. Dated May 1, 1957. Due
Bank, of Whippany. Legality ap¬ Dated
May 1, 1957. Due on July Bank of America National Trust City.
on
May 1 from 1960 to 1971 in¬
proved by Hawkins, Delafield & 1 from 1958 to 1986 inclusive. & Savings Association, San Fran¬
clusive.
Principal
and
interest
NORTH CAROLINA
Wood, of New York City.
Chase
Manhattan
Bank,
Principal and interest (J-J) pay¬ cisco;
(M-N) payable at the Chemical
sive.
Principal and
Fairfield Twp.
able at the Marine Midland Trust
New York
Company, of New York City. Le¬
School District
(P. O. Fairton), N. J.
Bond Sale—The $i^0,u00
&
City, and C. J. Devine
Alexander County (P.
Co., at 2.43% interest.
on
Corn
O.
Exchange
Bank,
of
New-
York
Taylorsville), N. C.
City. Legality approved by
Reed, Hoyt, Taylor & Washburn,
of New York City.
build¬ gality approved by Hawkins, Del¬ New York City Housing Authority,
Bond
Offering—W. E. EasterApril 29—v. 185, afield & Wood, of New York City.
New York
ling, Secretary of Local Govern¬
p. 1936—were awarded to a group
Note Offering—Chairman Philip ment
Commission, will receive
Babylon Union Free Sch. District
Red Springs, N. C.
composed of B. J. Van Ingen &
J. Cruise announces that the Au¬ sealed bids at his office in Ra¬
No. 1 (P. O. Babylon), N. Y.
Bond Sale—The $35,000 public
Co., Inc.; Boland, Saffin & Co.;
sealed bids leigh until 11 a.m. (EST) on May
Bond Sale—The $2,275,000 build¬ thority will receive
improvement bonds offered April
J. B. Hanauer & Co.; and John
until 1 p.m.
(EDST) on May 7 7 for the purchase of $450,000
ing bonds offered April 30—v. 185,
30—v. 185, p. 2043—were awarded
J. Ryan & Co., as 4.45s, at a price
for
the ' purchase
of 11 $17,442,000 school building bonds. Dated June
p. 1937—were awarded to a group
to
the
Scottish 'Bank,
of Red
of 100.16, a basis of about 4.42%.
temporary loan notes (Issue 1, 1957. Due on June 1 from 1959
ing bonds offered
.1
composed of Harriman Ripley &
CXXXIV). Dated June 3, 1957.
Co.; Inc., Lehman Bros., Smith
J. No- Barney & Co., Mercantile Trust Due on Nov. 25, 1957. Legality
vack,
City Clerk, will
receive Co., St. Louis; Adams, McEntee & approved by Sullivan, Donovan,
Hanrahan, McGovern & Lane, of
sealed bids until 8 p.m. (DST) on
Co., Inc., and New York Hanseatic
New York City.
May 16 for the purchase of $1,- Corp., as 4s, at a price of 100.81
888,000 bonds, as follows:
a basis of about 3.92%.
New York State Power Authority
Garfield, N. J.
Offering—Joseph
Bond
$1,586,000 school bonds.
100,000 school bonds.
150,000
Cold
general improvement
bonds.
30,000 water bonds.
22,000 street improvement
bonds.
May 1,
1957 and mature on May 1 from
1958 to 1978 inclusive.
Principal
and interest (M-N) payable at the
Garfield Trust Co., Garfield, or at
the Chemical Bank & Trust Co.,
bonds
The
New
York
are
City.
dated
Legality
proved by Hawkins,
Wood, of New York
Lower
Bond
City.
Township Sch.
(P. O. 13 West Main St
Pennsville), N. J.
Offering—rriie * N. War-
Penns
District
ap¬
Delafield &
Neck
field, Secretary of the Board of
Education, will receive sealed bids
until 8 p.m.
(DST) on May 13 for
purchase of $609,000 building
bonds.
Dated May 1, 1957.. Due
the
on
May 1 from 1959 to
1966 inclu-
Spring,
N.
(P. O. Albany), N.
Y.
Y.
1978
to
interest
inclusive.
Principal
and
payable in New
York City. Legality approved by
Reed, Hoyt, Taylor & Washburn,
of
New
(J-D)
Springs,
100.51,
NORTH
man
Offering—W.
as
3V4S, at a price of
basis of about 3.16%.
DAKOTA
County, Westhope Com•
School District No. 17 (P. O.
Bottineau
York City.
Farmville, N. C.
Bond
a
E.
Easter-
Bond
Bond Sale—The $6,800,000 gen¬
Westhope), N. Dak.
Offering—Glenn E.
,
Jen¬
ling, Secretary of Local Govern¬ sen, Clerk of the Board of Educa¬
Series C bonds, of¬ ment Commission, will receive
tion, will receive sealed bids un¬
185, p. 1937—were sealed bids at his office in Ra¬ til
May 15 for the purchase of
2042—were
awarded to the Na¬
awarded to
a
group headed by
building
bonds.
Dated
leigh until 11 a.m. (EST) on May $95,000
tional Bank of Cold Spring, as 3s
First Boston Corp., and Salomon
7 for the purchase of $430,000 san¬ April 22, 1957.
Fallsburg, South Fallsburg Water Bros. & Hutzler, jointly, at a price itary sewer bonds. Dated June 1,
North Dakota (State of)
of par, a net interest cost of about
District (P. O. South Fallsburg),
1957. Due on June 1 from
1960
Bond Offering — Alice Zoller,
New York
3.77%, as follows:
to
1982 inclusive. Principal and
Secretary of the Industrial Com¬
Bond Offering — Mortimer $440,000 5s.
Due on Jan. 1 from interest (J-D) payable in New
mission, will receive sealed bids
1961 to 1963 inclusive..
York City. Legality approved by
Michaels, Town Supervisor, will
until 10 a.m. (CST) on May 14 for
225,000 4s. Due on Jan. 1, 1964.
Reed, Hoyt, Taylor & Washburn, the
receive sealed bids until 2 p.m.
purchase of $9,000,000 Korean
6,135,000 33/4s.
Due on Jan. 1 of New York City.
Conflict
Adjusted Compensation
(EDST) on May 9 for the pur¬
from 1965 to 1985 inclusive.
Gastonia, N. C.
general obligation bonds. Dated
chase
of
$94,000
water 1 bonds.
Other members of the syndicate:
Bond Offering —W. E. Easter- May 15, 1957. Due on May 15 from
Dated May 1, 1957.. Due on May 1
Bear, Stearns & Co.; Dean Witter ling, Secretary of the Local Gov¬ 1958 to 1969 inclusive. Principal
crom 1958 to 1987 inclusive. Prin¬ & Co.; Wertheim & Co.; Bache & ernment Commission, will receive and interest (M-N) payable at the
Co.; A. G. Becker & Co., Inc.; sealed bids at his office in Ra- State Treasurer's office; Bank of
cipal and interest (M-N) payable
Francis I. duPont & Co.; Gregory
leigh, until 11 a.m. (EST) on May North Dakota, Bismarck; Empire
at the South Fallsburg National
&
Sons; Hallgarten & Co., and 14 for the purchase of $2,400,000 Truc+ Co..
City: o~ at
Bank, South Fallsburg. Legality Weeden & Co.
bonds, as follows:
the First National Bank of Chiapproved by Vandewater, Sykes,
$150,000 electric light bonds. Due cago. Legality approved by DorOrangetown, N.,Y.
Bond Sale—The $22,500 genera
bonds
offered
May
1—v.
185,
p
eral
revenue,
fered May 2—v.
^
Heckler & Galloway, of New
City.
York
*
Bond Sale—The
$825,000 Sewer
District No. 3 bonds offered April
on
June 1
from
1960 to 1984
sey,
_
Owen, Barker, Scott & Bar-
Iber, of IVfinncspolis.
58
(2150)
The Commercial and Financial
North
Bond
Dakota
Offering:
(State of)
on May 29 for the
purchase of $2,550,000 bonds, as follows:
Albert Jacob-
—
State Treasurer, will receive
sealed bids until noon (CST) on
May 14 for the purchase of $9,000,000 general obligation Korean
$1,000,000
sen,
Conflict
series
Adjusted
and
water
from
1
Brothers;
Smith, Barney & Co.;
Ripley & Co., Inc.; C.
Goldman, Sachs
& Co.; Merrill Lynch, Pierce, Fenner & Beane;
Kidder, Peabody &
Co.; The Northern Trust Com¬
pany;
Harris Trust and Savings
Bank;
Continental
Illinois
Na¬
1958
Due
to
1982
inclusive.
400,000 sanitary
Compensation
bonds.
ment
improve¬
sewer
bonds.
Due
Nov.
on
1
from 1958 to 1977 inclusive.
OHIO
500,000
street
$5,500,000 off-
parking
_
400,000 storm sewer improvement
bonds. Due on Nov. 1 from
1958
headed by Blyth &
Hutton
&
veen
of
Co.,
95.00,
cate:
members
of
the
J.
The
Legality
by
Squire, Sanders
Dempsey, of Cleveland.
Bond Offering—G. Ernest
Clerk
of
185, p. 1798—were awarded
syndicate headed by the Har¬
Trust & Savings Bank, Chi¬
bids
until
Dated
group named a 3%
$1,300,000 city' por¬
paving, $200,000 city's portion
paving, and $100,000 Shade Tree
issues, and a rate of 6% for the
$400,000 public service machine
and equipment and $350,000 police
and
fire
equipment bonds. The
the
tion
other
12
issues
offering bear
Other
cate:
included
Chase
of
Little,
County
sealed
1,
1957. Due
1958
to
1977
Sept.
on
inclusive.
Principal and interest (M-S) pay¬
at
the
County Treasurer's
Legality approved by
Squire, Sanders & Dempsey, of
able
Cleveland.
County (P.
Cincinnati), Ohio
in
Offering—C. F. Hutchin¬
Clerk of Board of County
Commissioners, will receive sealed
11
a.m.
(EST) on May
purchase of $4,642,000
the
bonds,
follows:
as
$642,000
sanitary
sewer
bonds.
Sept. 1 from 1958 to
Due
the
on
T977
inclusive.
2,000,000
the
syndi¬
.
series
A
Sept. 1 from
1967 inclusive. :
Manhattan
Bank, of
New York, Northern Trust
Co., of
Chicago, First Boston Corp., Guar¬
anty Trust Co.,
of New York,
road,
Due.on
..
2,000,000
to
series A bonds.
Sept. 1 from 1958 to
on
1982
Continental Illinois National Bank
bonds.
1958
sewer,
Due
Morton
&
inclusive.
&
John Nuveen &
Co., Inc.; R. H. Moulton
ity
pany;
Trust
liam
Blair
Bricker, Marburger, Evatt & Barton, of Colum¬
bus.
Note
Co., Chas. E. Wei& Co., Inc., Fahey, Clark &
Co., Courts & Co., F. W. Craigie
& Co., Brown Bros.
Harrimqn &
Co., Winslow, Cohu & Stetson,
Park, Ryan, Inc., John C. Legg &
Co., Breed & Harrison, Inc., Rod¬
&
and
Renshaw, Federation
Trust
Co.,
of
Bank
New
York,
Bros. & Co.
Bond Offering — R. P.
Jones,
Clerk-Treasurer of Board of Edu¬
cation, will receive sealed bids
noon
(EDST)
purchase
ing
bonds.
Due
on
(J-D)
of
May 16 for
$3,000,000 build¬
on
Dated
Dec.
inclusive.
1
June
from
North
Bond
at
at
the
Sale —The
tax
185,
were
awarded
to
a
p.
group
bonds
2043—
com¬
of
Halsey, Stuart & Co.,
Inc.; Blair & Co., and Stranahan,
Harris & Co., as
3V4S, at a price
of 101.28, a basis of about
3.14%.
*
Dayton, Ohio
Offering — E. E. Hagerman, Director of Finance, will re¬
Bond
ceive sealed bids utnil
noon
(EST)
of
100.79,
a
basis
North
Bond
p.
A.
awarded
to
Bank
'■
of
the
of)
Bond Sale—The
$60,000,000 Ko¬
rean Conflict
Compensation bonds
offered May 1—v. 185, p. 1687—
awarded to
the
syndicate
a
Chase
Manhattan
Bankers Trust Co.,
National City Bank, and
First
Halsey,
Stuart & Co., Inc., as 3s, at a
price
of 100.442, a basis of about
2.949%.
The bonds were re-offered scaled
from
2%
to
2.95%,
ac¬
of
173,000
street
provement
price
of
Perry
and
100.54,
Township
basis
a
'
bonds
about 2.81%.
3V4S, at
as
".
sewer
as
3s,
basis
a
In
addition
firms,
to
syndicate,
which
of
groups
merger
tively
Band
by
and
the
Chase
Manhattan
the Bankers Trust
also included the
Co.,
following:
Chemical Corn Exchange
Bank;
Guaranty Trust Company of New
York; The First National Bank of
Chicago; Blyth & Co., Inc.; The
First Boston
Corporation; Lehman
until
\
June
1958
1957.
1,
and
Sale
highway
Sale—The
23—v.
County
District
19
p.
—
were
awarded
to
The
185,
the
to
McCulloch,
Portland.
(P.
1957.
1974
about 3.67%.
-
Bonds
received
for
Ohio
Sold—The only bid
the $35,000 munici¬
National
Oklahoma
1
Whitman
(P.O. Tulsa), Okla.
Board
bids
of
until
for
school
Due
the
Education
10
a.m.
the
will
(CST)
Dated
July 1 from
inclusive.
Ella
that
receive
on
May
purchase of $5,000,000
bonds.
on
Clerk
—
announces
Due
on
Feb.
inclusive.
District
1 from
1959 to
Principal
ty Treasurer's office.
proved
by
:
; Bond
Winfree,
Legality ap¬
McCulloch,
1959 to
1972
Cole,
sealed
bids until 8 p.m.
<PST) on May 7
for the purchase of
$60,000 gen¬
eral
obligation
swimming
bonds.-Dated July 1, 1957.
Jan.
1
from
1S58
to
pool
Due
1970
in¬
clusive.
Principal : and
interest
(J-J) pavable at the City Treas¬
urer's
office.
Legality
by Winfree, McCulloch,
Sayre, of Portland.
approved
Shuler &
Medford, Ore.
Offering — D. F. Huson,
City Recorder, will receive sealed
Bond
bids until 7:30 p.m. (PST)
for the purchase of
on May
$93,599.50
improvement bonds. Dated May 1,
1957. Due on
May 1 from-1958 to
1967 inclusive. Callable
beginning
May 1, 1960. Principal and inter¬
23
est
July 1, 1957.
John Day,- Ore.
Offering — Francis
City Recorder, will receive
■
"
14
Sheffield,
Not
1938—were
County Independent School
Ohio
Company and Braun, Bos¬
worth & Co., Inc.,
jointly, as 33/4S,
at a price of
100.68, a basis of
trans¬
' /
Offering
of
and in¬
terest (F-A) payable at the Coun¬
on
Tulsa
Bond
School
1
School
O.
City.
District No.
Sayre,
bids until 8 p.m.
(PST) on
May 14 for the purchase of $154,building bonds. Dated May 1,
repair
$9,500
of
County
4
3s.
First
Co.,
&
000
offered
&
Trust
Shuler
-
Madras),
Oregon
r
Bond Offering
Sophia Lierman, District Clerk, will receive
1938—were
p.
o
—
Bank
Box
1938
25—v.
-
receiv
(PST)
the County Treasurer's office.
Legality
approved
by
Winfree,
portation equipment bonds offered
Sale—The
will
sealed
Verdigries), Okla.
Bond
Sophia Lier
—
Shuler & Sayre," of Portland.!""
Dependent
No.
Offering
at
offered
as
_
County School District
from 1959 to 1974 inclusive. Prin¬
cipal and interest (F-A) payable
$50,000 road
p.r
o
No. 509-C (P.O. Box
729,
bonds
185,
Sayre,
;
Jefferson
$30,000
equipment
&
p.m.
Dec.
bonds
Shuler
May 14 for the purchase of $154,
000
general
obligation
bonds.
Dated May 1, 1957. Due on Feb. 1
inclusive.
The
--
payabl
No. 509-C (P.~ O.
Madras), Ore.
Bond
Due
June
1977
on
to
(J-J)
man, District Clerk,
sealed bids until 8
noon
awarded
ing bonds offered April 25—v.
185,
constituted
bids
April
O.
inclusive. Prin
interest
Jefferson
originally scheduled for April 27
(P-
196
'
McCulloch,
Butler,
Education, will
Bank, of Shawnee,
Scioto-Darby Local
1,
County, Pine Grov
Rural Fire Protection District
(P.
Box 1215, Rte. No.
,
awarded to the American National!
1938—has been post¬
poned until May 11.
inclusiv
Portland.
District
—v.
a
underwriting
Dated
from
Dist.
headed respec¬
above-men¬
School
on
April
School District
248, Hilliards), Ohio
Bond Sale—The
$530,000 build¬
the
the
City
sealed
Bond
p.
1977
County Treasurer's office
Legality
approved
by
Winfree
a
(P. O. Zanesville), Ohio
Offering Re-scheduled—The of¬
fering of $77,500 building bonds
185,
to
beginning June
Hood1 River
May 20 for the purchase
$1,500,000
school
building
and
cording to maturity.
tioned
3%s, at
Ohio
a
of
1958
Interest J-D.
in-f
„
a
from
Callable
25—v. 185, p. 1799—were awarded
cipal and
to McDonald & Co., of
Cleveland,: at th£
Rogers
Sch.
1
noon
Shawnee), Okla..
•
Local
Albanese,
Education,
Pottawatomie County Dependent
School District No. 24 (P. O.
im-;
at
a.m. (PST) o
May 10 for the purchase of $700,
library building bond
Dated June 1, 1957. Due on Jun
185, p. 1938—were awarded
the Liberty National Bank &
Trust
Co., and Evan L. Davis,
jointly.
•/.
Pot
receiv
sealed bids until 10
1—v.
of
O.
000 public
to
im¬
sewer
101.18,
about 3.21%.
man¬
Bank,
and
of
o
-
"'
on
Bond
$359,000 special
provement bonds
price
Board
price
a
/•-v.'h.7'Eugene, Ore.
Bond Offering—Daniel
ter, City Recorder, will
—-
Kingfisher County (P. O.
Kingfisher), Okla. ,t -
follows:
street
17
OKLAHOMA
p.
$186,000
origi¬
April
Portland, at
98.31.
Principal and interest payable at
the Dollar Savings & Trust Com¬
pany,
of
Youngstown.
Legality
approved by Squire, Sanders &
Dempsey, of Cleveland.
April 30
1938—were awarded to
Stranahan, Harris & Co., Inc., as
185,
an
Principal
and
interest
1, Hood River)
(J-D) payable at the Morristown'
Oregon
Bond Offering — E. F. Dresser
State Bank, Morristown. Legality
approved by. Squire, Sanders & District
Secretary, will receiv
sealed bids until 7:30 p.m.
Dempsey, of Cleveland.
(PST
on
May 28 for the purchase o
Wooster, Ohio
$30,000 * fire
protection
bonds
Bond Sale—The $350,000 sewer Dated
July 1, 1957. Due on July
improvement bonds offered April from 1958 to 1967
1
-
Principal
(J-J)
al Bank of
i
elusive.
Wood,
;v
when
for
1 and Dec. 1 from 1958 to 1980
<nd
Toledo, Ohio
Ohio (State
yield
Company;
Bond Sale—The
Cleve¬
were
Society National
land, as 4s.
by
&
the
semi-annually
&
July 1 from 195
on
Bond
1938.
p.
of
bonds.
&
White
canceled
was
scheduled
(EST)
Com¬
interest.
May 20 for the purchase
of
$1,127,000
building
bonds.
Dated June 1, 1957. Due on June
Struthers & Co.
—v.
Sale—The
—
&
Due
inclusive.
1967
Principal
Williams, of Cincinnati.
185,
of
Inc.; Ryan,
Co.;
Schoellkopf,
Pomeroy, Inc.; Seasongood & Mayer, Shearson, Hammill
& Co.; Stroud &
Company, Inc.;
Weeden & Co., Inc.; Chas. E. Weigold & Co., Inc.; The Weil, Roth
& Irving Co.; Wertheim &
Co.; J.
Sutherland
Hutton
&
receive
assessment bonds offered
Royalton, Ohio
$469,250 water
bonds offered May 1—v.
185,
1799
Company,
Roosevelt
&
Cross,
of
about 4.35%.
to
$769,000 Ex¬
pressways, unlimited
offered May 2—v.
special
improvement
street
price
a
aged
to
interest
Olmsted, Ohio
Walter,
Woody & Heimerdinger, as 4V2S,
1975
1958
Columbus, Ohio
posed
our
1938.
p.
Sale—The $95,100
assessment
were
Dempsey, of Cleveland.
Bond
185,
bonds offered April 30—v.
185, p.
1799—were
awarded
to
1957.
and
Principal
payable
1,
Cleveland
Trust Company, Cleveland.
Legal-ity approved by Squire, Sanders
'&
published in
issue of April 22—v.
main
Cleveland Heights City School
District, Ohio
until
foregoing supple¬
ments the report
Frantz, Hutchinson & Co., A. Web¬
ster Dougherty &
Co., and Sutro
the
The
—
&
gold
man
by
inclusive.
Bond Offering—Mearl I.
Cincinnati;
approved
'.7
—
Clerk of Board of
Provident Savings Bank &
Co., Carl M. Loeb,
Co., F. S. Moseley &
Co., Marine Trust Company, of
Western New York,
Buffalo, F. S.
Smithers & Co.,
Trust Company of
Georgia, At¬
lanta, Stern Brothers & Co., Wil¬
&
New
ern
seale
,
1980
Company, Cin-:
Rhoades
Co., of Chicago, First Na¬
Bank, of Portland, Messrs.
tional
of; Com
receive
Sale —The
$150,000 gen
(J-D) payable at the eral obligation sewer bonds of
First National Bank, of Ironton. fered April 29—vf 185, p. 1938
Legality approved by Peck, Sha'f-1 were awarded to the First Nation
to
Youngstown
Company* Inc.; The
Company of West¬
York; Merril, Turben &
1, 1957.
to
District,
price of 101.72, a basis
of about 3.57%.
Trust
Board
and interest
as
cinnati; Geo. B. Gibbons & Com¬
Inc.; Hallgarten & Co.; Hay¬
den, Stone & Co.;
Bond Offering—W. C.
Boatma
.
Secretary of the
missioners,
will
,
1958
(EST)
,
pany,
Marine
to
.
Co., Kansas
City; Clark, Dodge & Co.; Dick &
Merle-Smithf R. S. Dickson &
Company, Inc.; Dominick & Dominick; Francis I. duPont & Co.;
Eldredge & Co., Inc.; The Fifth
The Illinois
Dated
School
Bond Offering—E. L.
(Inc.); City Na¬
May 1, 1957.
Principal
and interest (M-S) payable at the
County Treasurer's office. Legal¬
& Trust
Local
will receive sealed bids until
Trust
Third Union Trust
1958
on
Clerk
Alex. Brown & Sons; Central Re¬
Bank
from
Township Local Sch. Dist.
(P. O. Morristown), Ohio
Co.; Dean Witter
Co.; Adams, McEntee & Co.,
Inc.; Bache & Co.; Bacon, Steven¬
son
& Co.; Ball, Burge &
Kraus;
Baxter & Company; A. G. Becker
& Co., Inc.; J. C. Bradford &
Co.;
tional
15
Union
City
Bank
of
Cleveland; Prescott & Co.; Rey¬
nolds & Co.; L. F. Rothschild &
Co.; Seattle-First National Bank;
award
Nation
-
,
v.
Co., Inc.; F. S.
1799—-were
p.
.
i
May
Winfree,
McCulloch,.; Shuler
May 10 for the purchase?
Sayre, of Portland.
of $946,000
building bonds. Dated
May 1, 1957. Due on Dec. 1 from
f.
Clatskanie, Ore.
(EST)
bonds
National
public Company
Nov.
Point
nally
of
offered
payable
at
th
Marshall AnkUnited States National Bank
c
rim, Clerk of Board of Education,,
Portland.
Legality approved b
will receive sealed bids until
noon
Corporation; First
of Portland, Ore¬
&
O.
Bond
until
H.
of
bonds
the
United.; States
Bank of Portland,
r.v
Note—The offering of the above
F. S. Smithers &
Hamilton
for
Bank
First
and
Bond Offering
fer
Michigan Corpora¬
tion; Ira Haupt & Co.; Hayden,
Miller & Co.; Hemphill, Noyes &
Co.; W. E. Hutton & Co.; Kean,
Taylor & Co.; Lee Higginson Cor¬
poration; McDonald & Company;
gon;
The
Fahey, Clark & Company.
bids
National
to
May 23
$1,300,000
on
V;Ohio
Co.; Fahey, Clark &
Richards & Co.; The
Moseley & Co.;
Sale—The $100,000 storm
sewer
bonds offered April 26—
v.
185, p. 1798—were awarded to
7
&
Field,
sealed
185,
1
$41,000
building bonds. Dated June; Clackamus County,; Stanley Wat
District (P. O.
1957. Due semi-annually on
Portland), Ore.
South
&
First Cleveland
W.
Bond
son,
Co.;
purchase
Sale —The
Exchange Bank, of Sidney.-! bids until 8 p.m.
(PST) on May
Legality approved by Peck, Shaf¬ for the purchase of
$10,000 gen
fer &
Williams, of Cincinnati.
eral obligation bonds. Dated
Jul
&
tabrook
a.m.
receive
(EST)
—v.
tional
Brothers & Co.; Blair & Co.,
Inc.;
Braun, Bosworth & Co., Inc.; Es-
Com¬
receive
office.
3% coupon.
a
members
10
June
froml
The
for
rate
of
will
Board
inclusive.- Principal and in¬
terest payable at the First Na¬
Corporation;
Co.; Ladenburg,
&
will
noon
the
Bond
provement
1977
Weeks; Carl M. Loeb,
Rhoades & Co.; A. C. Allyn and
Company, Inc.; American Trust
Company,
San
Francisco; Barr
(EST) on May
9
for
the
purchase of $300,000
children's receiving center bonds.
cago, as 3s, 3V4S and 6s, at a price
of par, a net interest cost of about
3.058%.
Board
missioners,
Weld
blower
Greenfield, Ohio
30—v.
ris
&
Columbus), Ohio
1
15,
May
Co.; The Ohio Com¬
pany; Mercantile Trust Company;
B. J. Van Ingen & Co. Inc.; Horn-
ap¬
the
Securities
Thalmann
1,
Franklin County (P. O.
Woody &
Bond Sale—The $17,250,000 var¬
ious purposes bonds offered April
a
June
Interest M-N.
Cleveland, Ohio
to
dated
are
proved
Stranahan, Harris & Co.; Season-
Heimerdinger; Doll & Isphording,
Inc.; Charles A. Hinsch & Co.;
Fox, Reusch & Co.; W. C. Thornburgh Co.; J. Barth & Co.; Magnue & Co.; Widmann &
Co.; Westheimer & Co.; W. D. Gradison &
Co.; Burns, Corbett & Pickard,
Inc.; Indianapolis Bond & Share
Corp.;
Kenower,
Mac Arthur
&
Co.; and Ellis & Co.
White,
bonds
1957.
Van
&
good & Mayer; Walter,
Webster
OREGON
Bend, Oregon
school
Philadelphia National Bank;
Paine, Webber, Jackson & Curtis;
Stearns & Co.; Stone &
from 1958 to 1982 in¬
I
Education
for
that
announces
bids until
Bear,
clusive.
Securities Corpo¬
Ingen & Co.;
Weeks; The Ohio
Company; Bacon, Stevenson &
Co.; Central Republic Company;
Field, Richards & Co.; Pohl &
Co., Inc.; Weil, Roth & Irving Co.;
B.
of
The
inclusive.
Nov.
syndi¬
Ward
Bank and Trust Company,
Chicago; Glore, Forgan & Co.;
Expressway and street
improvement bonds. Due on
Equitable
ration;
Hornblower
1977
250,000
basis of about 4.70%.
a
Other
-
Co., Inc.; W.
Co.; and John Nuas 4V2S, at a price
&
to
building bonds offered April
185, p. 1799—was rejected.
Sidney City School District, Ohio
Bond Offering—Clerk
Virgil R.
Equitable Securities Corporation;
Phelps, Fenn & Co.; R. W. Pressprich & Co.; Drexel & Co.; Shields
&
Company; Salomon Bros. &
Hutzler;
on
in¬
Monday, May 6, 19
...
19—v.
& Co.;
tional
of
im¬
clusive.
facilities revenue
bonds offered April 29 — v. 185,
p. 1937—were awarded to a group
E.
garage
provement
bonds.
Due
Nov. 1 from 1958 to 1982
Cincinnati, Ohio
Bond Sale—The
municipal
pal
Harriman
J. Devine
extension
improvement bonds.
Nov.
on
works
Chronicle
(M-N)
Treasurer's
payable
office.
at
the
City
Legality ap¬
by Winfree, McCulloch,
Shuler & Sayre, of Portland.
proved
Number 5635
Volume 185
(2151)
The Commercial and Financial Chronicle
...
/
Offering—G.
beck, City Recorder, will receive
sealed
bids until 8 p.m.
(PST)
for the purchase of
$275,000 water bonds. Dated June
1, 1957. Due on June 1 from 1959
to
1983
inclusive. Principal and
14
May
on.
(P. O. Sharon), Pa.
until
Offering—Joseph E. Fer7:30
until
bids
sealed
bids
Offering
30,
p.m.
O'Hara,
receive
(EDST)
purchase of
'$80,000 general obligation bonds.
Dated June 1, 1957. Due on June
.sealed bids until 7:30 p.m.
Township (P. O.
Upper Moreland
"1
1958
from
the
for
7
May
1967
to
V"' Pennsylvania
Secretary of Board of Township
Commissioners, will receive
gality approved by Burgwin, Ruffin, Perry & Pohl, of Pittsburgh.
Chester, Pa.
Offering
Bond
.
! Price, Director of
Aldrich
W.
—
the Department
;0f Accounts and Finance, will rebids until
sealed
ceive
(EDST)
purchase of
$150,000 general obligation im¬
provement bonds. Dated May 15,
1957. Due on May 15 from 1958
10:30 a.m.
(DST) on May 14 for the purchase
'of $650,000 general obligation improvement bonds. Dated May 15,
:
1957. Due on May 15 from 1959 to
■1973 inclusive.
Principal and in-
May
on
8
p.m.
the
for
14
Principal
inclusive.
1967
to
until
bids
sealed
of Braddock. Le¬
'Trust Company,
Heintz,
Bond Offering—John H.
inclusive.
Principal and interest payable at
the
Mellon
National Bank
and
Willow Grove),
Park Avenue,
117
Munson,
/ -7 •
i
Townsend, Elliott
.of Philadelphia.
by
and
payable at the Bank of
York Road,
Willow Grove.
Offering—R.
'Bond
Holmes,
B.
Secretary of the Board of Directors, will receive sealed bids until
8 p.m. (DST) on May 13 for the
Bated May 1, 1957.
ligation bonds.
Due
Nov.
on
from
1
1958
to
1967
awarded
were
RICO
Credit
Development
Government
Bank for Puerto Rico has entered
arrangement ; with
an
water
** inclusive.-> Principal
interest
and
School District, Pa.
Dormont
Offering
Bond
<
•
—
R.
Holmes,
B.
Secretary of the Board of Direc-
t
'
tors, will receive sealed bids until 8 p.m. (DST) on May 13 for
general
purchase of $100,000
obligation bonds.
the
'
ts4'
Harrisburg School District, Pa.
Bond Offering—R. E. Boswell,
'
Secretary of the Board of Educa■
tion, will receive sealed bids un-
;
•
til 4 p.m. (DST) on May 14 for the
purchase of $540,000 general obligation improvement bonds.
Dated May 1, 1957.
Due on May
1 from
1958 to
1972 inclusive. Le¬
by
Townsend,
Elliott & Munson, of Philadelphia.
approved
gality,
repayable over a period of
four years. The general credit of
the
Government
Development
Bank for Puerto Rico is pledged
for payment of the notes.
v
Banks participating in the loan
are The First National City Bank
notes
.
•,16,000
7
Bond Offering—Karl Lipp, Sec¬
retary of the Board of School Di¬
bids
(DST) on May 21 for
purchase of $60,000 general obligation improvement bonds. Dated
June 1, 1957. Due on June 1 from
receive
will
rectors,
J
sealed
until 8 p.m.
"
•
'
1959
1970
to
inclusive.'
Principal
~
and
interest
payable at the Jen¬
Bank & Trust Co., Jen¬
kintown
kintown.
Legality
Townsend,
Elliott
approved
&
Munson,
by
of
Philadelphia.
Lackawanna
The
1957.
bonds
While the Government Develop¬
County (P. O.
e r a
1,
gen-
obligation
improvement
April 30—v. 185, p.
bonds offered
1938
were
—
sold
to
the
Employees Retirement
3%s, at a price of par.
New
Bonds
general
April
N«'
County
Fund,
as
Florence, Pa.
Sold
oT ''-"*'-*«n
23-
The
$29,000
bonds
offered
—
p.
1938—were
not sold.
~J;ng,
Bond
1977
O
Rotherme
—
Samuel
Clerk,
will
H.
re¬
$200,-
as
fol¬
to 1987
Interest A-O. Legality
Crowe, of Dallas.
1957.
bonds
Texas
inclusive.
1957.
1966. Principal and interest
Spence & Gibson, of Austin.
Eagle Lake, Texas
Sale — The $90,000 City
bonds offered April 30—v.
Bond
Hall
185,
1939—were awarded to the
Securities
Corp.
of
p.
Columbia
dated
are
15
Legality approved by Sink¬
Mount Pleasant,
S. C.
Sale—An issue of $35,000
Bond
disburse
obligations, partly
loans
approximately
of
the
in
amount
$6,200,000
al¬
ready approved for use in Puerto
Rico. The balance will be applied
needs
lic
of
bank
ments
are
acts
as
basis
for
fiscal
and
which
for
agent,
on
the
Bank
it
bonds
revenue
an
financing
Government
for
Puerto
Development
Rico is fiscal
Commonwealth and
municipalities, public corpora¬
and agencies.
In addition,
performs
functions.
a variety of banking
It makes loans to in¬
was
improvement
sold to Robin¬
son-Humphrey Co., Inc., as 4s.
Dated March 1, 1957. Due on June
1 from 1958 to 1969 inclusive. In¬
terest
J-D.
Legality approved by
Charleston.
and
commercial
in
local
commercial
banks.
been
excellent,
bonds
Due
bonds
revenue
&
Tucker
was
Inc.,
1957.
4V2s.
Due on
1983 in¬
and
interest
15,
1958 to
at the American
payable
National
as
from
Principal
clusive.
(M-S)
system
sold to James
sewer
Co.,
of Austin.'Legal¬
Bank,
ity approved by Gibson, Spence
1966 inclusive.
the
to
Dated May 1,
Interest M-N.
Le¬
Hu¬
guenin & Boothman, of Dallas.
gality
by
approved
Silsbee
Dumas,
Independent School
Bond Sale—An issue of $400,000
schoolhouse
sold
was
to
Co., and Rauscher, Pierce & Co., Inc., jointly,
follows:
as
$77,000 3%s. Due
May 1 from
on
1958 to 1972 inclusive.
323,000 4%s. Due
on
May 1 from
1986 inclusive.
1973 to
Dated
May
1,
1957.
Interest
Legality approved by Gib¬
M-N.
son,
Spence & Gibson, of Austin.
Texas
Taylor Indep. Sch. District,
Sale—An issue of $75,000
house
May
on
Co.,
1
bonds
from
was
awarded
to Rauscher, Pierce
3%s.
as
Dated
1
&
I
May 1, 1957. Due on May
1958
to
1976 inclusive.
Principal and interest (M-N) pay¬
able at the First Taylor National
Bank,
Taylor. Legality approved
Spence & Gibson, of
by Gibson,
Austin.
&
Texas City, Tex.
1
Offering
Bond
Frenship Rural High Sch. Dist.
(P. O. Lubbock), Tex.
bonds
James C. Tucker &
Gibson, of Austin.
—
T.
Kenneth
Nunn, City Secretary, will receive
sealed bids until 4:30 p.m. (CST)
Bond Sale—An issue of
$270,000
sold to a
was
sold
was
May 1 from 1958 to
on
composed of Raucher,
R. J. Edwards,
Inc.; Columbian Securities Corpo¬
ration of Texas; First Southwest
on
May 15 for the purchase of $1,-
obligation bonds,
285,000 general
follows:
Corson County
District No.
group
DAKOTA
Independent School
Mcintosh),
1 (P. O.
South
Dakota
Sale—An issue of $87,000
Bond
bonds
building
sold
was
to
the
South Dakota Department
Schools and
Fall River
of
Public Lands.
Springs, S. D.
Bond
Offering
—
Auditor,
County
Mae
will
callable
receive
of
Nov.
1,
after
are
1966.
Principal and interest pay¬
able at
as
banking institution des¬
a
$150,000 water works system im¬
provement bonds.
90,000 sanitary sewer system im¬
provement bonds.
I
880,000
street
improvement
Securities Co.,
Co.; and Municipal
as
follows:
3.90s.
$40,000
from
200,000
Corbin,
bids until 2 p.m.
sealed
as
1958
April
Due
on
to 1968
Due
41/<>s.
on
from 1976 to 1986
mas,
15
inclusive.
bonds.
165,000 storm sewer bonds.
The
1957.
bonds
Due
April
Legality
Longview Independent School
District, Tex.
Sale—The $250,000 school
awarded
were
Son,
to
1957.
Dallas
Rupe
&
bonds
are
dated
May
1,
1 from 1958 to
Interest M-N. Le¬
Due on May
1985 inclusive.
1,
1973
begin¬
and
the
Legality approved by Vin¬
Elkins, Weems & Searls, of
Houston.
Tyler,
Bond
April 26
Inc.
The
_
June
City National Bank, Texas
Bond
offered
dated
ning June 1, 1972. Principal
interest
(J-D)
payable at
Texas
son,
bonds
are
June 1 from 1958 to
inclusive. Bonds due in
1977
City.
Dallas.
building
on
and thereafter are callable
15, 1957. Interest
approved by Du¬
Huguenin & Boothman, of
Dated
A-O.
April
t
15
inclusive.
30,000 4^4s. Due on April 15 from
1969 to 1975 inclusive.
County (P. O. Hot
of the ignated by the successful bidder.
approved
by
Dorsey,
with Legality
losses amounting to no more than Owen, Barker, Scott & Barber, of
C
% of total loans disbursed. On Minneapolis.
has
and
$255,000
Pierce & Co., Inc.;
SOUTH
enter¬
making of short term loans if the
borrower has facilities
available
issue of $60,000
schoolhouse bonds
(CST) on
May 14 for the purchase of $116,prises where such monies are to 000
general
obligation
funding
be used for further development bonds.
Dated May 1, 1957.
Due
of the economy of Puerto Rico. on Nov. 1 from 1958 to 1971 inclu¬
The
bank's charter forbids
the sive. Bonds due in 1967 and there¬
dustrial
waterworks
of
Simons,
&
Gibbs
Sinkler,
while arrange¬
permanent
being made.
The
sewer
municipalities and pub¬
corporations
interim
and
water
to recurring
the outset chiefly
at
1957.
school
Elkhart, Tex.
Sale—An
Bond
Texas
First Southwest Co.
Bond
Aprilel,
March
S. Treasury
(A-O)
payable at the State Treasurer's
Legality approved by Gib¬
ton.
ing will be used, after retirement
of outstanding indebtedness of the
bank and the purchase of certain
funding
office.
March
Proceeds of the present financ¬
Rock-
3% water works improvement re¬
$20,-
Co., Inc. Dated March 15,
Due on April 15, 1965 and
Principal and interest (A-O)
without collateral.
the
to
District, Tex.
of
bridge refund¬
000 314% road and
Dated
,
Sherman,
'
issue
Sale—An
Bond
C.
ton.
$80,000
bonds was sold
State
Bank,
of
Bond Sale—An issue of
Texas.
The
Sale—An issue of
building
Peoples
County (P. O. Brownwood),
Brown
.
son,
Due on April 1 from
1982
to
1958
from
ler, Gibbs & Simons, of Charles¬
bank
Pa.
of
system
Due on April 1 from
59,000 3V2S.
to
ilton &
1967 to 1976 inclusive.
-
sold
was
approved by McCall, Parkhurst &
inclusive.
1966
bonds
15
inclusive.
Due on April 1 from
to
Bond
springs.
Edwards, Inc., as 434s, 4V2s
Dated April 15, 1957. Due
April
on
15,
/
■
1958
inclu¬
1981
ing bonds was sold to Burt, Ham¬
Inc.,
Co.,'
son-Humphrey
to
on
and 4s.
15
ex¬
sold to Robin¬
was
lows:
Over-all loan experience
~
issue
disposal
house
previously borrowed in the New
York market, this is the first oc¬
casion where it has
obtained a
loan on its full faith and credit
Rico
tions
$360,000
Sale—An
bonds
1957
from
15
has
all
Scranton), Pa.
March
on
Conway, S. C.
sewage
Rocksprings Independent School
to
J.
R.
Principal and interest (M-S)
Bond
Boothman, of Dallas.
as
was
of
M-N. Legality
Interest
1972.
District, Tex.
sold
Board
payable at the Southern National
Bank of South Carolina, Charles¬
Puerto
Independent Sch. Dist.
approved by Dumas, Huguenin &
Independent Sch. Dist., Tex.
Bond Sale—An issue of $90,000
15
payable' at the Guaranty Trust
Co., New York City. Legality,ap¬
proved by Sinkler, Gibbs & Sim¬
ons, of Charleston.
000
15,
bonds
house
State
school
dated March
are
83,000 31/4s.
agent for the
Sale—The
Bond
Due
3y4s.
Company, $800,000; J. P.
Morgan
&
Co.,
Inc.,
$500,000;
Banco
Popular de Puerto Rico,
for
Plainview
Azle
from 1974 to 1977 inclusive.
Trust
Bank
Crowe, of Dallas.
sive. Interest M-N.
bonds
Due on March
from 1958 to 1973 inclusive.
'
$58,000 3V2S.
$800,000; Banco Credito y Ahorro
Ponceno, $800,000; and Banco de
Ponce, $300,000.
C.
revenue
follows:
as
000,000; Guaranty Trust Company
of
New
York, $800,000;
Irving
to
Jenkintown School District, Pa.
S.
Robinson-Humphrey
to
tension
ment
Legality
Interest M-N.
1, 1971.
and
of Nov.
as
issue of $70,000
sewer
York, $3,400,000; Chemical
Corn Exchange Bank, $2,600,000;
The Chase Manhattan Bank, $2,of New
4s.
$54,000v3.30s.
six
$12,000,000, evidenced by
of
loan
sold
was
leading New York City banks and
three Puerto Rican banks for
U.
•
the
Sale—An
and
Co., Inc.,
$12,000,000
Arranges
The
callable
approved by McCall, Parkhurst &
Education,
Dated Nov. 15, 1956. Due
school
Nov.
„
^payable at the Peoples National
; Bank
& Trust Co.,Pittsburgh.
Legality approved by r Burgwin,
Ruffin, Perry & Pohl, of Pitts¬
burgh.
'77'"^
' •*'■
Providence, at
Chester,
Rico
Puerto
are
County Common School
Dist. No. 3 (P. O. Palestine), Tex.
Bond Sale—An issue of $43,000
CAROLINA
SOUTH
Bond
~
thereafter
Lien, Dis¬
TEXAS
Industrial
the
to
of
Bank
■
Bank for
Rico (P. O. San Juan),
Government Development
Puerto
Bonds due in 1972
Anderson
discount.
by Townsend,
Munson, of Philadelphia.
PUERTO
1976
Nov. 1 from 1957 to
on
inclusive.
Dated June
bonds.
Legality approved
•
J purchase of $100,000 general ob¬
p.m.
$500,000 notes
offered April 24—v. 185, p. 1939—
2.58%
Elliott &
Dist.
will receive sealed
(CST) on May 13
for the purchase of $350,000 gen¬
eral
obligation school
building
Sale—The
Old
into
School District, Pa.
Dormcnt
8
Legality
& Dan-
Clerk,
Pawtucket, R. I.
Note
National
payable at the City Treasurer's
office. Legality
approved
:
until
bids
sealed
will receive
(CST) on
May 13 for the purchase of $290,000 water works and sewer system
revenue bonds. Dated May 1, 1957.
bids until 8 p.m.
Offering—Edward F. Mc-
interest
teres!
•
trict
Manager,
City
sealed bids until 2 p.m.
Texas
1, 1957.
Due
(DST) on May 13 for the pur¬
Bond Offering — R. V. Payne,
on Dec. 1 from 195€f to 1976 inclu¬
chase of $150,000 refunding bonds.
President of the Board of Trustees
sive, and on June 1, 1977. Princi¬
Dated June 1, 1957. Due on June
will receive sealed bids until 2
pal and interest (J-D) payable at
1
from
1962
to
1976
inclusive.
p.m.
(CST) on May 14 for the
a suitable banking institution des¬
Principal and interest payable at
ignated by the successful bidder. purchase of $975,000 school house
the First National Bank of Boston.
bonds. Dated May 15, 1957. Due
Legality
approved
by
Dorsey,
Legality
approved
by
Storey,
Owen, Barker, Scott & Barber, of on May 15 from 1958 to 1981 in¬
Thorndike, Palmer & Dodge, of
clusive. Bonds due in 1973 and
Minneapolis.
Boston.
thereafter are callable as of May
"
'
Bond Offering—E. H.
Louglin, Director of Finance, will
receive
Bond Offering—Morris M. How¬
ard,
Oct.
of
as
May 4.
on
Monahans, Tex.
Due
Central Falls, R. I.
Bond
callable
are
Vermilion Independent Sch.
South Dakota
ISLAND
RHODE
'
.
'
on
Burgwin,
of Pitts¬
approved by
Perry & Pohl,
Ruffin,
burgh.
1956, the end of the fiscal
amounted to $54,466,212.
(A-O) payable at the
and interest
election held
was
and
1967
1,
1966. Interest A-O.
approved by Danforth
forth, of Sioux Falls.
June
on
in
Bonds due
thereafter
year,
Legality
will
Secretary,
(Borough
inclusive.
not accepted.
are
Total assets of the bank
McDowell National Bank, Sharon.
J, J.
—
deposits
May 9 for
on
purchase of $1,200,000 school
revenue
bonds. ; Dated
May 1, 1957. Due on Oct. 1 from
1958 to 1987 inclusive.
Principal
Braddock, Pa.
Bond
deposits and $6,500,000, de¬
mand deposits.
These all repre¬
sent public monies since private
$495,000
sold to Rau¬
scher, Pierce & Co., subject to an
building bonds
excess
time
,
Bond Sale—An issue of
of
Total
in
are
Tex.
District,
Regents
will receive
sealed bids until 3 p.m. (CST) on
Puerto
Independent School
Mesquite
the
and political May 17 for the purchase of $360,deposits of 000 student union buildings rev¬
of $21,500,- enue bonds. Dated
Oct. 1, 1956.
of which about $15,000,000 are Due on Oct. 1 from 1959 to 1996
building
.O'
,
(DST)
of
that
announces
59
gality approved by McCall, Park¬
hurst & Crowe, of Dallas.
of
College
agencies
its
sub-divisions.
the bank
the
re¬
*(DST) on May 13 for the purchase
of
$27,000
street
improvement
'bonds..
8 p.m.
Commonwealth
the
Rico,
Gunesch,
Secretary, will receive sealed
Belle Vernon, Pa.
ceive
Board
000
PENNSYLVANIA
Bond
approximately $25,000,000 in
of the U. S. Govern¬
agencies and approx¬
of
State
Dakota
•
.
Agriculture and Mechanicft Arts
(P. O. Brookings), S. Dak.
Bond Offering—Secretary Frank
imately $10,000,000 in obligations
Sharon School District Authority
Bond Offering—Henry
composed
was
Gellerman
Harrisburg.
Winfree, McCulloch,
Portland.
bank
ment and its
Sinon & Reader, of
by Rhoades,
the
of
obligations
interest
and
Principal
of
South
1, 1957 the investment ac¬
count
payable at the City Treas¬
urer's
office. Legality approved
Shuler & Sayre, of
"rari, Borough Secretary, will
March
a.m.
(J-D)
(J-D) payable at the City
Treasurer's
office.
Legality ap¬
by
11
on
inclusive.
interest
proved
until
bids
May 15 for the pur¬
chase of $350,000 general obliga¬
tion bonds. Dated June
1, 1957.
Due on June 1 from 1958 to 1967
(EDST)
Myllen-
D.
sealed
ceive
Myrtle Creek, Ore.
Bond
.
.
Texas
Sale—A syndicate
headed
by Rauscher, Pierce & Co.; First
Southwest
Co.;
Central Invest¬
ment Co. of Texas; and James C.
Tucker &
of
Co., purchased an
issue
works
and
$4,500,000
water
60
.sewer
system
bonds,
as
refunding
revenue
1958 to
16
for
from
The
1968
bonds
dated
are
payable
at
April
National
Legality
Tyler.
Bank,
Gibson.
members
Other
June
on
The
bonds
1957.
Co.; First of Texas
Corp.; Dallas, Rupe & Son, Inc.;
Columbian Securities Corporation
of
Texas; Judson S. James & Co.;
ft. J. Edwards, Inc.; Rotan, Mosle
& Co.; McClung & Knickerbocker;
Moreland, Brandenburger, John-
eton & Currie.
Weather ford, Tex.
Bond Sale—An issue of
improvement
on
$300,000
bonds
was
3%s. Dated May 15, 1957.
May 15 from 1958 to 1980
inclusive.
Principal and interest
(M-N) payable at the Republic
National Bank, of Dallas, or at the
Merchants
& Farmers Bank, of
Weatherford.
Legality approved
by
Huguenin
of Dallas.
&
Dumas,
man,
Bond
District
Lake
(P.
City),
Offering
O.
Utah
Lamont B.
—
Gundersen, Chairman of Board of
.County Commissioners, will re¬
.
ceive sealed bids until
(MST)
chase
tion
Due
10:30
a.m.
May 15 for the pur¬
of $600,000 general obliga¬
on
bonds.
on
Dated
June 1
June
from
inclusive. Callable
on
1,
1964 to
1957.
1986
June 1, 1972.
Principal and interest (J-D)
payr-
able
at
the Tracy-Collins Trust
Company, of Salt Lake City. Le¬
gality approved by Chapman &
Cutler, of Chicago.
VERMONT
•
—
until
2
p.m.
from
1
1959
are
dated
June
approved
&
15
„
nett, Secretary of State Commis¬
sion on Local Debt, will receive
sealed bids at the Commission's
1
from
1958
to
1977
Door
Principal
and
interest
tional
Bank, of Hampton, or at the
Farmers Bank, Mathews.
Legal¬
ity approved by Reed, Hoyt, Tay¬
lor
& Washburn, of New York
City.
WASHINGTON
King County, Seattle School District
No.
(P. O. Seattle), Wash.
Bond Offering—A. A. Tremper,
Treasurer,
ford, County
sealed
bids
on
May
$300,000
bonds.
on
May
Clerk, will
until
15
for
June
the
June
from
1
receive
(CST)
purchase of
a.m.
house
court
Dated
10
1,
1958
addition
to
Evansville,
Wis.
Bond Sale—An issue of $75,000
swimming pool bonds was sold
to Harley-Haydon & Co., of Madi¬
son.
'
r"
Grantsburg (Village), Grantsburg,
Anderson, Daniels, Lincoln, Trade
Lake, West Marshland and Wood
River
District
Bond
No.
1
(P. O.
a
Treasurer,
3.98%,
as
fol¬
lows:
$55,000
3s,
Due
on
1963
1958 to
inclusive.
30,000 3.40s.
1964
Due
1966
to
55,000 3.80s.
1967
to
on
Due
1970
1971
The
to
1977
bonds
May
1 from
May 1 from
on
May 1 from
(P. O. Granger),
received
Board
of
(MST)
on
May 1 from
Clerk
of the
Trustees
until
7
p.m.
May 8 for the purchase
of $123,000 building bonds. Dated
June 1, 1957.
CANADA
BRITISH
British
additional
in¬
from Aug. 1, 1957 to
Sale—The
$126,000
eral obligation local
improvement
*
'
.
Manage
of) '
bentures
of
the
of two
instrumentalities
Province,
follows:
as
debentures, series L, due
April 15, 1987, priced at 98% and
and
accrued interest
to
yield
ap¬
proximately 4.61% to maturity.
issues
will
be
tionally guaranteed
as to payment
interest by the
principal and
Province
of
British
Columbia.
payable
are
C MY Til
iPlfl ■ 111
Vice President
Vice President
distinguished Trustees. Also well worth knowing
men
is
a
are
the
$40,000,000
in
June, 1956, when
sinking fund deben¬
tures of three instrumentalities of
offered.
were
Member Federal
in
sue
its
British
entirety
by
Columbia
largest
province
is
maturity.
the
third
and
area
in
Canada
both
population; and is the
rapidly growing of the prov¬
in
population.
fiscal
In
the
OF AMERICA'S
LARGEST AND OLDEST
SAVINGS BANKS
,3'60
ONTARIO
"•
Kingston, Ont.
J
Spring St. <4)41 Rockefeller Plaza <s>743 Amsterdam Ave.
v:
Bond Sale—An issue of
095
to
improvement bonds
a
group
$3,166,sold
was
of Nesbitt,
composed
Thomson & Co., A. E. Ames &
Co.,
Hannaford,
Ltd., James
Sons,
Bank
of
Montreal, and the Toronto-Do¬
minion Bank, as 5s and
5V2S, at
a
price of 99.21. Due from 1958
Richardson
to
&
1977 inclusive.
-
.
Oshawa, Ont.
Bond Sate—An issue of
improvement bonds
$2,032,-
to
1977
inclusive.
ranging from $14,000,000 in
year ended March 31,
to an estimated $63,000,000
fiscal
full
of
31,
government
repayment
proceeds
from
of
all
by 1962.
the
sold
Interest J-D.!
Sault Ste. Marie, Ont.
Bond Sale—An issue of
improvement
A.
Ames
E.
&
bonds
$725,500
sold
was
Due
June 1 from 1958 to
on
inclusive.
Interest
1977
J-D.
QUEBEC;
sale
of
Sherbrooke, Quebec
Issue Placed in United
States—
Nesbitt, Thomson & Co., Inc., New
York
City, just recently placed
privately an issue of $1,400,000
5%
sinking
fund
debentures.
Dated April 15, 1957. Due April
15,
1977.
payable
Principal
in
New
interest
and
York
in
U.
currency.
DIVIDEND
NOTICE!
the commission's construction pro¬
which
gram
two
or
of
provides
three
the
over
years
for
the
approximately 194,650
additional
generating
EATON
ca¬
proposes
which
$38,000,000 for
cap¬
ital expenditures in the fiscal year
ending
March
31,
1958,
MANUFACTURING
COMPANY
CLEVELAND 10, OHIO
DIVIDEND No. 147
capacity.
commission,
On
April 26, 1957, the Board of
Directors declared
the
close of business
the
cities
of
Pacific
will
use
its
Great
Eastern
dividend of
common
per
Company, payable May 24, 1957,
to
shareholders of record
debentures
short-term
for payment of
indebtedness incurred
for capital
expenditure
purposes.
at
the
May 6, 1957.
R. G. HENGST,
Railway
the proceeds from the sale
share
shares of the
on
Vancouver and Victoria.
a
seventy-five cents (75c)
supplies
power to most of the province ex¬
cept the more densely populated
including
to
Co., Ltd., and the
Royal Bank of Canada, jointly, as
5V2S and 5y4s, at a price of 100.07.
the Province has
surplus of revenues
expenditures for current ac¬
The provincial
was
Bell, Gouinlock & Co., Ltd., as
514s. Due on June 15 from 1959
the Power Commission debentures
will be used in connection with
of
<2I55 John St.
'
sections,
5 Thrift Corners in New York
">26 Cortland! St.
'
years
the commission's present
EAST RIVER SAVINGS BANK
ONE
Pressprich & Co.
last
The
\
&
Dominick; Equi¬
Corporation; Hallgarten & Co.; Hemphill, Noyes &
Co.; Hornblower & Weeks; W. E.
Hutton
&
Co.; Painef Webber,
Jackson
&
Curtis; and R. W.
a
to spend about
Deposit Insurance Corporation
Co.; Wood, StruthCo.; Clark, Dodge & Co.;
Dominick
pacity, which would nearly double
services rendered at East River.
Corporation;
Each
being offered has a
specific sinking fund which is de¬
signed to retire the particular is¬
kw
outstanding ability and experience, whose years of intimacy with the
problems of a large community add substantially to the value of the
Securities
table Securities
the issues
addition of
banker of
.
to
was
The
VICKERS3
&
800
next
our
Webster
The most recent previous
public
sale of obligations of the Province
net direct Provincial debt
who manage our five offices. Each of these
Rip¬
Co., Incorporated; Kidder,
Peabody & Co.; Lehman Brothers;
Merrill Lynch, Pierce, Fenner &
Beane; Salomon Bros. & Hutzler;
in New York in U. S. dollars.
jective
You know
Stuart & Co. Inc.; Harriman
ley &
Dawson,
uncondi¬
is carrying out its announced ob¬
men
Dominion Securities Corpo¬
ration; DrexeP & Co.; Eastman
Dillion, Union Securities & Co.;
Goldman, Sachs & Co.; Halsey,
;
ing fund debentures, series C, due
April 15, 1982, priced at 96J/2%
1957.
Assistant Vice President
the
underwriting
Co:,
Blyth & Co., Inc.;
Incorporated;
$20,000,000 Pacific Great East¬
Railway Company 4%% sink¬
in the fiscal year ended March
GEORGIA.
of
The
ern
1953,
Assistant Vice President
Members
-
mately 4.50% to maturity;
the
Vice President
,
group include: A. E. Ames &
accrued interest to yield approxi¬
count
If Drill ED1
George. The cost of this construc¬
tion is estimated at about
$49,000,000, of which $21,535,000 had been
expended to Dec. 31,1956.
ers
syndicate of 76 invest¬
Limited, and Burns
Denton, made public of¬
fering on May 1 of $45,000,000 de¬
over
AllWllEll
ume of traffic and will be a
major
factor in the development of the
extensive
area
north
of Prince
Dean Witter &
United
&
reported
|#E#*EI U A 11 4
approximately
Bros.
six
JOHN M.
line
distance to Fort St. John.
ris & Partners
in
ment
most
DAAIA1EI2
another
same
It is expected that the
extension,
when completed in
1958, will ma¬
terially increase the railway's vol¬
banking firms headed joint¬
ly by Morgan Stanley & Co., Har¬
States—A
inces
E.
the
line
one
65 miles to Dawson Cree"
run
Smith, Barney & Co.; Stone &
(Province
Placed
in
ARTHUR
will
White, Weld & Co.; Wood, Gundy
& Co.r Inc.; Lee
Higginson Corporationy McLeod, Young, Weir,
Incorporated; F. S. Moseley & Co.;
of
'
from Princ
junction a
a
Little Prairie from which
and
States
gen¬
i
engaged
now
of the railway
George 194 miles to
of British Columbia in the United
Bond
is
major construction pro
gram, the Peace River Extension
COLUMBIA
Columbia
the Province
Men who
the
by
Principal and interest
inclusive.
bear
Wyo.
on
of
inclusive.
Nov. 1, 1958.
Ehlers,
receive
6
Both
St. Francis, Wis.
will
be
inclusive.
110,000 3.90s. Due
Washington
County
No.
price of par, a net in¬
terest cost of about
County School District
No. 105 (P. O. Okanogan), Wash.
Bond
Offering—W. H. Ehlers,
County Treasurer, will receive
sealed bids until 10 a.m. (PST)
on
May 6 for the purchase of
$103,000 building bonds.
H.
Wyo.
$98,000 sewer
revenue
refunding and improve¬
ment
bonds offered
April 19—
v.
185, p. 1800—were awarded to
fund
Sale—The
$250,000 build¬
ing bonds offered May 1—v. 185,
Okanogan
Offering—W.
Saratoga,
British
Columbia
Power Commission 4%% sinking
Grantsburg), Wis.
tle.
Bond
pur¬
$25,000,000
(Towns) Joint School
1939—were awarded to Kalman
Legality
approved
by
Preston,
Thorgrimson & Horowitz, of Seat¬
the
bonds.
Debentures
Co., at
County
at the State's
fiscal agency in New. York City.
or
for
p.m.
Sale—The
in¬
1967
&
the
at
10
re¬
7:30
$278,000 general obliga¬
Bond
Principal
and
interest
(J-D)
payable at the Bank of
Sturgeon Bay. Legality approved
by Chapman & Cutler, of Chicago.
p.
office,
May
on
of
school
clusive.
(M-N)
payable
tion
will
until
Due
1957.
Callable after 10 years from date
of
issue.
Principal and interest
Treasurer's
(MST)
chase
Clerk,
bids
sealed
Bond Offering—Sealed bids will
Offering—C. Hollis Bass-
1
R. A. Contois,
(DST)
inclusive
District
Sprout,
ceive
Wisconsin
in¬
(J-D) payable at the Citizens Na¬
Madison),
1968
railway
end
County School District
(P. O. Lander), Wyo.
No. 1
County (P. O. Sturgeon Bay),
Bond
on
clusive.
to
another
Principal and interest (J-D) pay¬
able at the County Treasurer's of¬
Robert E. Schweser & Company,
fice, or at the Commercial State
of Omaha.
; -;'v
Bank, Madison. Legality approved
by Chapman & Cutler, of Chicago. Sweetwater County School Distriit
(P. O. Mathews),
office, Room 222, Finance Bldg.,
Capitol Square, Richmond, until
noon
(EST) on May 15 for the
purchase of $150,000 county build¬
ing bonds. Dated June 1, 1957. Due
1959
The
Bond Offering—M argaretta
Offering—Otto
from
185,
The
to
Monday, May 6, 195
...
This line will extend the norther
Fremont
O.
25—v.
awarded
WYOMING
Festge,
County Clerk, will receive sealed
bids until 4:30 p.m. (CST) on May
16
for the purchase of $600,000
County
Parking
Ramp
bonds.
Dated June 15, 1957. Due on June
1,
by
Palmer
(P.
April
were
—
Principal
years.
Wisconsin
Virginia
Bond Offering—J. Gordon Ben¬
June
20
County
1979
to
Bond
Mathews County
:
to
WISCONSIN
Dane
VIRGINIA
City Terasurer, will receive sealed
.bids
1979
to
Okanogan County, Oroville School
District No. 405 (P. O. Okanogan),
Burlington, Vt.
Offering
2
terest of 2%
'
Bond
1959
will receive
sealed bids until 11 a.m. (PST) on
May 22 for the purchase of $15,000,000 general obligation school
bonds. Dated May 1, 1957. Due on
May 1 from 1960 to 1977 inclusive.
UTAH
from
offered
1939
Milwaukee Company.
ty Treasurer's office.
Due
Storey,
Thorndike,
Dodge, of Boston.
Booth-
Salt Lake County, Cottonwood
Salt
bonds.
from
1
Legality
County
Sanitary
in
bonds
p.
and interest payable at the Coun¬
able at the First National Bank of
on
Bold to the First Southwest Com¬
Due
in¬
Principal and interest pay¬
Boston.
ercrombie
pany, as
on
1979
the
of
eon, Stayart & Co.; Equitable Se¬
curities Corporation; Lovett Ab-
street
Due
to
1959
inclusive.
syndi¬
cate: Eddleman-Pollok Co.; Hud-
f
a.m. (PST) on
May 13 for the purchase of $294,000 building bonds. Due serially
130,000 Nursing Home bonds. Due
1,
approved by Dumas, Huguenin &
Boothman, and Gibson, Spence &
sealed bids until 10
inclusive.
National
First
the
June
on
interest (A-O)
Bank in Dallas, or at the Citizens
from
1
auditorium
126,000
on April 1
1982 inclusive.
1957. Principal and
$606,000
clusive.
Due
to
of
bonds.
street
June
1967 inclusive.
3%s.
3,420,000
purchase
follows:
as
$350,000
1962 inclusive.
780,000 3V2S. Due on April 1 from
to
the
bonds,
follows:
$300,000 3y4s. Due on April 1 from
1963
Commercial and Financial Chronicle
The
(2152)
Secretary
Manufacturing plantt
15 cities, located in
in
five itolti and Ontario
S.
@FedFRASER